Newspaper Page Text
THE SUN, TUESDAY. OCTOBER 31. 1JM1.
al Pa i mm I
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hr & Co.
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TOBACCO PLAN SCRUTINIZED
WICKERSHAM 9VOOE8TS A Ell'E
YEAR TRIAL PKRWIt
And ao Per Cent, as the l.lmll or Control
In An One Une Rrcrltershlp Talk
. I rownril On .Indgrs llmilit Power to
K.njeln stock Huylng h Inrtli kins M.
ttorney-Oeneral Wirkersham npiiar
liy spproveii of the Ainenonn Tobaooo
light at any time within five year lo
apply lo the court "for other and further
jelief" provided the plan adopted has
mil resulted in "creoling 11 new condition
which shall lie honestly in harmony with
siid not repugnant to , ne law."
Mr. Wickereham docs not suggest lo
tne court the met I od to be employed lo
srry out this live year proviaion lint
he does say that any plan if disintegra
tion "must ls more or leis 1 niitter of
conjecture" and that i' is ImptMibte
for the eoufl to determine in advance
whether a plan which prOBQaao, to restore
... ' ... . .,
competitive conditions "will actually
sreomphsh the purpose intended " lie
would have the defendants in the 0
enioined. nendinu the Ave veins term
from arauirinir stock in anv other of tho
. " 7 .
companies it is proposed I o create th in
the companies in which thev are Ian
s stoukholders hy the plan: but he would
pot extend this prohibition to stock
holders other Ihan the defendants, as
the Southern At lonvysd ieneral urged,
Thai a race! vera hip is not considered
st all apieared yeslenlay when Hie
Southerner proposed that there should
l-e a receiver and a public sale of the
tolvscco properties. The suggestion was
frowned upon hy th court, and at leas!
two of the judges said they couldo'l
see what could prevent a man who had
the money from buying tobaooo stocks
1 , 1. ...... 1 . ... .-....t...4
,.e-.s "--. " r'"'"
1 n- jfmern 1111 TTTTTannnr 1 moiranj 1 uwswu
that everv effort had Iwcn made hv the
to suhmit a plan that would
restore competition and comply with the
requirements of the t'niled States Su
preme Court decision, in several essen
tials, he said suggestions made by At
torney -General Wickershani had been
considered drastic, but they had been
complied with, although it had seemed at
first that it would ls imsissihle to carry
out the wishes of the legal representat ivee
of the Government. Mr. lavivard was
So insistent that the Tobacco company
had met the Government more than half
way several times he turned to Mr.
Wickers ham. who sat near, io confirm
his statements that the general impres
sion in the court nsim was that Mr. Lad
yard believed thai the plan was as much
that of the Government as of the com
pany when Mr. Wlckeraham waaaaked
laid evening if at least part of the plan
had been suggested by him. as Mr Led
yard intimated, he said
"I'll argue that in court to-morrow
morning, I won't argue il out of court
1 Ins evening ,
Whan the four .fudges - bacombe.
Noyes. Ward and Coxe took their seats
In the Circuit Court room in the Federal
Huiidmg yesterday morning there were
grouped in front of them lawyers repre
senting the OoVemmOnt, the Tobacco
company, the bond holders, the preferrd
stock holders. mdeeudent dealers in and
growers of tobacco, and the Attorney,
t.enerals of several States, or their repre
sentatives. Bank of the lawyers the room
was crowded to the doors and two worn en
sa- through I lie eut ire session.
Judge l.a.oMil. announced thai the
question lsfore the court was partly legal
and Dart Iv economic, and it was a nuest ion
that could not be clarified by oratory.
He suggested that the objectors who had
common ground and intended to argue
on that ground might save time if they
got together and agreed upon a general
plan. Then he announced 'that Mr.
Wi ok era ham had hl.sl a brief, adding thai
the American Tobacco Comaiiy Would
ie heard from tirst. Attorney -General
Wickershani passed around his brief
among the lawyers and they SorUtinUtad
It isfore Mi . Ledyard began his sa-eeh.
Of course Mr Wickershara s proposal
that the Government should have live
vears liefore actually saying that the
right plan had Is'en adopted by the courts
ame in for the most const, lei a' ion and
Comment from the lawyer- Then they
pa-sed to the conditions which Mr.
Wickoraham said should be Imposed Ite
fore any plan was approved. So officer
01 director of any 01 the companies Into
which the toliacco company may lw
divide.1 shall la an officer or director Of
anv other company lor nve years. .Mr.
"t' serstuiiu proi. -iiMi .im. .ne
i ian be o modified th.t the principal
fompany shall dtsissus of and when dis -
intogration is complete, shall net retain
any of the st.K'ks o accessory com-
proHjes Also that
penee ami.eaon i ineeooeeeory om-
and each of
panlea shall disuse of all the stox'ksheld
by it of the principal and each of the
oihr accessory companies held by it."
Vone of the corporations shall employ
the same agency for the purcha-e of
tol;acco leaf or raw material unit none
ef the corporations shall employ the same
clsrlcal force as any other corjioration
None of the corporations shall retain and
hold capital stock in any oilier corporation-
this of course applies to the cor
I '.rauona in o which the combination
may be divided or shall purchase or
acquire stock in any of the other cor
porations. As to the right of the twetitv
luns defendants to acijuire stock Nr.
Wickersham pn poses
"To the end tl at the twenly-nine indi
vidual defendinn in this suit shall nut
ii'rease their control over any of the
corporations among which the properties
atnt businesses nov in the ootnbloation
a io lie distrvcitea. pursuant lo Hie plan.
I hut such defendants e severally enjoined
in. in ni any lime witnin nve years irorn
u- oil'.. 01 1 ne uri-ie.- ai j i j 1 1 i liu , uireuill
lull 1 1. 'Iv, the legal . r .. i in io I .le ,.wi,.r
ship of an" .mount of s'ock in any one of
the said i rations ii addition to the
amounta which they wflj respectively
hold If and When the plat) shall le carried
0 it .is proposed "
Mi Wicker-ham suggest i that the plan
be modified lo rexjuite thai the 3,iUK,000
of tic preferred -tk of ihe American
1 gai Company held by ll.e American
snuff Company and iho stock and bonds
I the American Tobacco Comany held
hy 'io American Bmifl Company is sold
in one year Inatead ot ihrae years, and
'I'H' in the diatiibution t ihe properties
od lnn.ines.e- now held in 'he noRlblna-
liofl no corporation shall I hi a! owed to
nre properly, tangible, 1 1 in iiiKil.le.
sh i, would invest it With as mi -h as,4U
pei lani iii volume or In value of any
particular line of the tobaooo bus uess."
Mi Mlcgeraham wants the slo k- of
l.lggeli A Myers (Company ami he
ki ss of ihe r Lorilbtrd Comistny,
!' ded to i,e sold in a'-ioidauco with
'ti'' 1 1 lan i dejoslled with ihe Quaranti
'It .s' Compiiny as the agent or depos'.
' ry of the ciiirt "lor the purpose wpoci
hsd the plan" and that, al Ihe end oi
lie period designated the court make nn
Older 'or their further disposition, 'be
etti-K l ights of this stock not to be eer-
"-.I n rpi as the courl mav dlrei t from
1 in.- I,, lime As to ihe stoi k of the
i nned cigar Stores Company , Mr wink
" hsm asr - that ll be sold and dial rlbtlted
to 'parties other than the twenty-nine
individual defendants or others of the
et'i-kholders of the American Tobaoco
ntiy spproveii ni ine Ainenonn l olini 00 1 r,"" sfiisiu aim irae wr nc 1 ' mun avi iram "
npsnye dissolution plan U a Whole HSStS tyWj"!?. t?wh,l "riHllv,
. 1 ... l. . ... ', , .. ,. . .n? niaapprovod of the plan, no matter M'Porenily the market then const rued
,n a hrler he eiil.mitled to Hie United I wjjal Mr Wi, kersham thought of it Mr tl' Mtomey-tleneral s position favor
.stntes t ircuit I'ourt yesterday nt the 1 W ickersham when aakitl alHiut thin Kaidjui.i! Bill in the last hour, when detailed
public hearing, bill ho argued thai the I PO didn'l know Whether both he and Mr reports or ha arglimanl were ifatlabto,
i;overnmenl should reserve to ItMlf the ' wdb-ynolds Would add reOS the eotltl "J" I perl 01 the galni were ln"t and the xrenl
13, fX3uCn !
nn the rornorationn into Which th
combination may Im. li i.l.-d As to the(i" ObYtOUSly Sraltlni for ne from thi
amounta to b paid to lH)ndliolderM anfllniai lillbllc ln-Biiiot on tin- Tobacco flan
preferred stock holders, Mr Wickerihum interest centred In tha poaltloti of Mtoroey
saya ithat ihe,,t tocoficaronly wlihUflinP, uriekarahaiii, ami aftei thai officer
t r!'""','" .llegal com una-, hd ,nted M ,, ,r,,,.r-
lion anil the re. real on of compet live'. . i ,i . . t .1 .
conditions in the tobacco immnesH , "r1 """"' '' V:, "V,1: r " 1
in oonncetlon with the brief submitted V h",."r ""' "" Attoniay-fiaBaral
Mi Wlckeraham there aa a rennrt
Ihat J ' Mi ltevi,.,l,l. I ha anUl uiUI.
ant who ha heeii working for the (lovern -
I mont in the tobaooo case, and Mr wlokjr -
UUI III- WOI1H1 -hv IIOIIllllU n
ti ll I lull
Mr McKevnokls. who ha- 1
ugaiiiKt the plan of the tobacco company
since it was Mod, would nol mi either
la'Wie I'ans l.edvanl in his aigninetH
in aUppOli of the' plan said lie doubted
whether in the history of Jurisprudence
such a function had ever PCOU imposed
on unv court. A' first glance the task ,,f
Ian that Would satisfy the
uovernmehi and comply i"1 'ha law
seemed hopelcea itnd ajmosl Impoaalbla,
The that plan propoaM WltM nol to the
Mtlataotion of the attorney-Oaneeal, but
after oonferencea with the court and ug-
geeiioiiH from the Mtoi iicv-lleneral it
' w '" ' tmpossu.ie 10
' prepare a plan that would come up to the
eMuTramenta of the HuDremo Court,
I -The plan as it exists to-day " said Mi
I Ledyard, wli
turned and faced Mr
"has reooivad the benefll
1 Willi the court and the
1 asjuatjince nr t lie u. iruev-t lenera . wnoee
Attoiiiev-lienernl. whose 1
views should be met, We think this plan
; gi-s too lai Wa thuik it gis further
' ttUkB the requirements of the decision of
1 ne 1 mien an lies niuirvmv i ouri. nui
WO have 110 compri nt to make aguuisi
the Attorney -(ieneral. I must say that
he has stood firmly by his views; but those
views have gone lieyond whit we Ih--lieve
is required bv the mandate of the
Supreme I'ourt 1'nder this plan we
have brought aboul a condition which
had it existed before WOUld have lieen
immune from attack by the Govern
ment Me nave gone far beyond the prt
visions 01 me emit rieoroi
will work no injustice to I be
.he public. Intaraata."
n... M.. 1 ...1 1 . 1 - ,
l 1 1 . . . , ' - ... .......
1 1 it-11 .111 , ,1 1 i-w-c, 1 1 lie I'll,
1 ,1 ' ,7. . ' i'i! 'rnr: 'V, ,si".1 ""
1 wtui -niitT. uriviiiaKiite ifuuiu inn sin
1 oeeo to a control 01 any of the coinisinies
No comnanv would have,, nr. H..r.,.i,
of any of the linea of the tobacco businees,
Again he turned to Mr Wickershani.
I he conditions insisted upon bv the
A 1 1 orney -( lenera I .
said Mr l.edvanl.
I "were almost impossible lo meet, and in
I my judgment thev were drastic to the
1 . last oewree. "
1 But the difficult lea were nvnwnma 1,..
said, and provision has Isnen made iu the
1 plan tor fair territorial distribution us to
.the tobaooo brands and products, and the
objections of the tobacco growers to the
I purohaaa of five specified grades of to-
' baooo have )ss-n overcome. As left under
the reorganisation plan the American
;Tolsicco Comimiiy was too large, had too
much cish. about 116,000.000 according to
the notion of Mr Wli kersham This ob
jection had to Is' removed, Mr. Ledyard
said, and it was removed by proposing
that the bonds and one-third of the pre
ferred stock lie retired. Voting power
had lsen cufeii-ed on Hie preferred
stockholders There wa-a protest against
the distribution of the stock of the British
i American Tobaoco Company, bni Mr
' Wlckeraham insisted that it must Is' dis
tributed, and hi- wishes had been fol
! Morgan .1 O'Brien, who rapraaented
I3ti.ooo,ooo "f the 153.000,000 per cent.
I bondholders of the American Tobaoco
Company approved of the plan. He said
, he was quite sure all the bondholders
'would approve of it for it was a g i
thing for them.
"An honeei effort his been made." lie
I said, "to present a plan iu conipiiance I
with the mandate of the Supreme Court. I
1 This plan 1-not hostile to the i.iiolic and 1
it is in the interests of the sectirit vholders. j
It will not 1I0 to destroy -he right of prop
erty as represented by the security-1
holders here "
I Before Joseph II Chonte got up t.
apeak for the 1 per cent bondholders in
I noticed iii.it Do Lanoey Menu was woai
1 ing a felt si
' must no! gel
an id Mr. 'hoat-p, "You
i halt hahli nr rou'll never
oelehrafp your arifi.-ti weddink.'1
Mr. Chonte Maid thn1 the i r cent,
bondholdera, who were ii"' Mtrtiea t the
mil nnd who were renllv the Innooenl In
veatora, were In fnvor i I he plan
"The I'Ihii may not le th bent " he said,
"hut anything that would trni to elinti"
nate the plan ahould noi ' aeriouflv
ooneidered. The ooromittee which 1
peak for repreeonta a vast nurniwr f
belpleee people. We believe that under
thi plan we have received a fair and
qui table offer. In foot it may ! oon
Hioered i conoeaaion.
William H Horn blower , who appeared
for the Imperial Tobaooo Company and
tlit BriUeh Ainerioi n com pany. -sai! there
was no objection to diaaolution f the
trada acreementi which tieae ooropaniee
had with the American Tobaoco Company,
but to aave unneceaaary trouble th court
hould entr an order thai effect.
leouii I Brendel made the chief ipeeoh
for the objectora to the plan With Pelia
H, Levy, he appeared for the National
Cigar i-af Tobacco Aaaoolation. the I 'laar
Bdanufacturera Aaaociation and the In
dependent T ha coo Haleatnen's Aaaooia
t it 'ii . Their objections have already been
. i i . I i . i ... i :. . U. , , i. ...it
.Mr. hramtHis dul
actuar aar a reoeivarahlu waa the thing
reeded, he oon tended that tlie only power
,Ui( hiU, wus to rej.-ci r approve
i tb8 plM lf rejected there would he no
re(.,rHP for the oou rt eioept the appoint-
.,, rH(Tlv,.r Judaea Novea ami
ioitnlw uskecl Mr Brandeis many iUih-
lions. the .urn of the .Jtiujzes apparently
tjeing to have suggestions made as to what
sort of a plan should be adopted. Mr.
Brandeis insisted that the plan struck the
indeMndents with terror.
E. K Justice spoke for the North Caro
lina Farmers Union, Henry H. Hunter for
the independent tobaooonista ami At
torqey (ieneral Williams for himself and
ibe other Southern Attorneys-fieneral.
They all tiled briefs and were againsi the
ll PORT I 111 h. 11 r It A Its.
Hearing Tlial Involves Ito.ton. New
I' BTk 1 I'lilladrlplila anil Hall Imnrr.
WasBtNOTOM, Oct. 3f The Interstate
Commerce Commission tins morning be-
iran lo lake testimony in the so-called
I differential Import freight rates involv-
I l(1g BOBton, New Yotk. Philadelphia and
Bali. more. Coramerical lutereata in the
last ngined two cities claim that in the
adjustment of tne il.neient nil on imau
traffic n..w tork is favore.1 Dy the car
riers, thus diverting from Baltimore and
in,,lJ.I..I,.l,i,. Iihm nvr.unl nf tralahl
received ny water,
differentials ha- been
mission for a number
also been the source
1 he olleslion of
before tile com- I
of years and has
. of considerable 1
trouble lo the carrier- I hems, Ives, u
apparently being impossible lor any ad
justment to be reached which would suit
all th. citlea named.
The commission has therefore started
in upon an exhaustive Investigation
of the whole subject The Baltimore
Chamber of Commerce on behalf of
commercial interests of Ih.'t city to-day
placed the stand aUtlatlciani and
export witnesses In show tin t Baltimore
us a distributing polnl la ioaing ground
rii" Baltimore Interests declare thn
Baltimore Is nearer t point! of oonsu
lion than either Philadelphia or New i ork
it should la granted more Bdvantageoua
r.tn The entire day's proceedings were
taken up by Baltimore Interests,
i:clsr Hr.rnii re In llrnokln.
Deiiulv Stale Kxcise Commissioner I
Rsgan of Brooklyn reporta the total
revenues of Ihe borough for the fiscal year
as U.7J9 ISO, which is alxnit ti'.Ti.ooi- 1..,.-
In- iirocffima your
ii- uuuiber ( nrei
HOSSIP Of WALL STREET.
In Hi., earl irailinn (he i, k markpt
nM l""l"-'i tna aii-ni featare 01 iii-
I iropOS4KI reoricn Hi -at 1011 Soon slier he
I ,"'"an n'" arfumatll tmerlcatl Tobacco
1 stock advanced buoyantly mi ina nri
inafOrity of trsdeis were coal used
arfumenl was loo coinplicatfil ami
nical im- feaeral comprehension.
In the luoiieras'e nltii rs customers pro
fessed themselves in he particularly dis-
pleaaetl with Mr Wlckerahain'i content ion
thai Hie I11I1110 11 1 ase he kept open tor
five years, to he practically under itovern
mental BiipervMon during that time, so
that in case tin- tiovernmoni should dla-
apprOYi of gny pan of the plan or anv
ad of the com pan les the case might he upon itidivid inls ami lour upon corpora -
reopened Immediately is the (tovern I ilooa
matll never Koiim to dalgnata a condition The fact tl at the si.lipu-nas iKSiied bv
under Which lil imm anie- can legal y ,h 0ownraOT exceel the numlier of
HO iMmiiiMa, una, n uUMtlOta frin.ntlv t . . . , . ..
littered, ami must it take Ova years mora I defendants .slH-caiiHem several instnncea.
for a corporation msnnger to Ulscovei partn ularly where the individual de
how to proceed under the law?" Ijiwiers I fendaiits have more than one residence,
suggested, however, thai the street took lUbpOHlM have !kcii made out in dupll
this nsrt ot the Attorney -1 laneral's argtl-lcata, Some of the defendants have
. : . '
! !""" '"" aarioiisly, 1 10- particular eon-
" eniireiy lecnnicei
'"r appllcatlOB in . use any ..t tlie reorcaii
1 - 1 1- ,m.-.,-- im u su j ,11111
HI 1 lie f 111 MM
Men who have heeu active in formulating
plana for reorganlaatlon of the Tobacco
Company have considered the subdivision
of the husineas into a -mall number of
companies to he the niosi Important feature
of the reurKiiiiiation clan ll was at llrat
pro posed to have no mure than three Im-
portent companies, hut security holders
110 objection to a raorgan'tatldn
1 Into four companies, as provided in the plan
mm neiore ine conn 1 lie idea was mat
. . . , j ... . .
.. wouia oe incurreo Dl
combination Into t.... many
combination into too many units In the
Attorney -ttcneral'a argument yesterday it
I ",'"a "'" '" U1;" oppoeeo the
0,T. V " companies, proyitaeo oe
'sua mai ne suegesieo wer.
! ln ' " seemen to appro v
the four cotu-
Idea, for he said explicitly thai the
(Jo v em men t had no objection to anv com
pany controlling as much as 40 jier cent
of the business in any one line N'une of the
four companies proposed iu the plan will
control as much as that if (he plan goes
Smelter- was one of the weakest stocks
Traderseaplalnad its action by a report that
He (lovarnmenl was about to proceed
against the company under the Sherman
act, inn a representative of the company
said thai the management had no intima
tion 'o thai effect Some time ago the
company m investigated bv the 1 tuteit
Ktal 's District Mttuuiey in this district
and was given a clean hill of health since
that time there has been no official inti
mation thai proceedings avainal It would
'the I niterl Sln'es Rteel Orpo ration has
approximately 120,000 stockholders ami In
the latter part of hist week It was freely
predicted that n great manv of these holders
lieu'. I throw their shares ell the in. irk 't
after they had had time m consider
proioihle effects of the Government's
aesinsl the rompany. Small Imlders ,erel - Hill, ottice Jl ass.iu htreot, K ll
mid aiiroad, s,, said manv i.eiriii siHM nta-' i:"''' o Empire Building; William
. . . .... . ..IP P.tlfnt.r no .'iddress tfivetl
, s-- ..f tlie stock v hen the niarkei opened
holders iirev.-d more tenacious than iie
c-ss.n.isis had predicted the Monday
moiniiiic mail to ihe commission houses'
l.r.eiaht verv lew selllna order- ami husl- I
in ,,il, I Inls Ilttla irreatKi than
......, i iv ill ci..
ci.. i.. ...i ...i- ... .....
meet directors will le held lo-daj It la I which aervloe will be made at the Hoboken I
expected that the Rnanelal staiemsnl wlllloffloea are the L'niteff Stales Sleel Cor-j
make an unfavorable comparison, business
iu ihe uuartei having t.een done t lower
:t'''H it rediiri Ion
f it ,000.000 a j
mm i da, iue k lua I
onaaaed t 1 u ahlpniEnt t
a t(t;l Of El6(iMHI,lNHI fl.f
In one respect ihe steel trade i certainly I Company, the American steel Hoop
Improving. Kail road equipment orders 1 Company and the American Hndge Corn
have in. reused latterly and there is even panv The Lake Superior Conaolldated
reason to eipeci a contiBuatlon
no., ii v.-IIIAtll fur in '.1 In. 1,1 fr.iftlr is lin'.lin
upfalrl) well and orders cannot he delayed
v re 1
(Id it ion t 0 order- pre-
I I e has an appl 11 lit loll
Public. Servue Commission to
imsi eguipmenl trusts and the
icltlc board 1- considering the
ring ni A,n00,uuu or te.(iOil,w ol similar
securities Ihe latter road under the nee ,hat ,,f fhe (ileal Western Mining Com-
managaineni has been building m. thelpgny, Thy include the varioua land and
property apparently from larger appropria-1 iron mining companies name. I as de
in-from earnings. Its tugust statement,
,r Instance, -loss an Increase of 117,0110
1 .'io-- hut an Increase of tix,iNai n, ,
SO I'M I
I O It M M.OO.
Mill. Ilepiils Prohabl)
Praises nr. Uederle,
.lice Commlaalonar Waldo will
the 1 1,000, oou appropriation i
gel the I !., 00" appropriation he has
ask oil for llo.ll Hi" lillilget committee
for i.issi new patrolmen. Mayor Qaynor
nut Ills foot down on the proposition
without going to the trouble of consulting
with the members of Iho Board of Ksti
iii. He. He sent for Commissioner Waldo
yesterday and told him lo withdraw his
application, and ll w i- done,
AI o public bearing yesterday on ihe
tentative budget Dr. Abraham Jaoobl,
president "f the American Medical Asso
clation, Urged that the allowance for
fifty-five milk stations for the supply
of pure milk lor infants should be in
creased so that seventy-one stations
might be established. Ufa expected that
the budget will make proviaion for the
extra milk depots asked for
Dr, W If Allen one of the beads ,,r
Ihe Bur 'an of Municipal Research, which
lias been quarrelling with Dr. Lederle,
president of the Board of Health, opposed
the granting of Hie tHuu.uuo increase
which had been ded ded upon tentatively
for ihe Health Department. He said
that there was waste in the expenditure
of ihe department, that there was In-
I .oh ..oi .1
rk in the inspection oi t ... . . i
I and 'bit there had been an extravagant
use of automobiles He added that one
of ihe men who hail been responsible for
Ihe violation of the pure food law had
lieen ' mmendad for a pension by the
d'-pai liiicut Mayor (i.iynor sud:
"Hlnce Dr. bederle is nol hre, I li.g lo
s.iv thai I hive the greatest faith iii Dr
i.edciic if" diatlngiiiahed himself under
Mayor Low and I think h" U lb" best be id
oi ih Health Department that that office
ins ever had "'
Tlie Board of Estimate will determine
on the budget to-day.
BAXKRI PT loses A WATCH.
Mure ii fu roar I uiuirniiMei for Heoolvrr
a h kc ' i h Borler rur manufacturer of
TiZiXn Hlghth Etreet, agaiitot whom (
Dillon ni bankruptcy wai (lied n Uotober
in. waa before t nlted Btatea Coniniiieioner
Alexundrr y'Ht4'ni:iy in tin KimIoi al Huihl
ii. fr examination mm to in. Hfiairn.
CPIVt'l. riolK'iil lli.it IHTIt'l un
goin waton aim aKk-nn to I-. ok a i ii. net ar
when queatinried iii tli watch helonawl
in hit brother! Mr. P.iWnor took the
arateh and tun.pii it fiver to Ihp rrfoivr
, for th- lu-nt-ni nf tiie oredltora unlrvs Hi1
1 brotaher oan prove owntrHhip. The watch
worth about eMJ.
I SUBPOENAS IN U. S. STEEL CASE
WHERE THE HOVE R M E V T WILL
SEEK ALLKOKttn H KEH OSES.
Hlggesi .Ink ;oe to Marshal llrnkel
implies lea Prepared In Nome Cases to
Make sure Nervier Is to Hrgln at
Once .lob Must lie Finished Nov. 14.
I'h.ntox. X. ).. Oct. 30 l ulled States
marshals will legin to-morrow the work
of serving sixlv-eight MlbpOHIM upon
defendants named in the suit of the
f iovernmeiit against the t'niled Slates
Steel Corporation, its officers and the
subsidiary companies. The task of se
1 curing service upon the defendants will
! lie divided somewhat unevenly among
' I he marshals of eleven Federal jurlsdic
I lions. The most difficult will prolably
i In thai of 1'nited Stales Marshal William
. Hookol of the Southern District of New
York, lo whom nineteen sulipienss were
I forwarded this afternoon hy the clerk
i of the l l ited States district Court.
I Fifteen of l iesc require personal service
i already hwatl served with copies of the
bill of complaint prepared by Allorney-
(leneral 11 kersham and ex-SecreUiry
of War Dickinson, hut where this has
I not already la-en done copies will accom
' panv the aubpoMUW, As previously un-
notineed th0 defendants are required to
'make their formal appearance by Da
! oemlior 4.
i Marshal lfenltel or his deputies will
' probably laigln the process serving
, to-morrow. In sending out the sul-
menea the (lovarnmenl has notified each
; marHm wtlere to look for the defendants.
1 The suggestions of the Government lo
Marshal Henkel are that .1 P. Morgan
might lie reached either at his home,
210 Madison avenue, or at his office at
1'3 Wall street In the case of John I).
Rockefeller two subpoenas were issued,
one being sent to Marshal ilenknl for
1 service nt 4 West Fifty-fourth street or
2fl Broadway, New York, and the other
to Ihe 1'nited States marshal for the
Northern District of Ohio iu case Mr
Rockefeller may ls in Cleveland. The
addresses given for other defendants
whom Marshal lfeukel is supposed to
reach nre as foltows: Andrew Carnegie,
home 1' Eael Ninety-tirs' street; Charles
M Schwab, home 1' Fast Forty-fifth
street, office 111 Broadway) John D.
Rockefeller, Jr. home l.l West Fifty
fourth street, office I'D Broadway; Charles
Steele, home 31 West Forty-ninth street,
office 28 Wall street; George W. Perkins,
home Kiverdale. office i.mpire Building,
New York citv; James Gayley. home
rt Fast Fifty-eighth street, office 71 Hroud
wav; William If Moore, home 4 Fast
Fifty-fourth street, office 11:, Broadway;
Edmund C. Converse, office American
Bank Note Company, New .rk; Daniel
G Iteid. home S7 Fifth avenue, office
US Broadway; Norman 11 Ream, home
I ihe W yoming. Seventh avenue and Fifty-
tilth street, omce .'i iiroau street: .lame-
i udd.iio,, t theS.. ,nd,v,dai ,t,.
I l"H"a M,""k"1 kwlft ,,e (luir'i
I ,k' i i, si11r,r, ,,. r -VTii Am i
ffon Mines and the i'nloii Steel Company
ai :i H roadway Two of iheee cvrtoa -
eatlona ill ..! , I,., ajtrt e,l h UeiteH jtTL
i.,..i... ll,.,.n ai m ..,' .1.
. ' . . ... - '
1.1 ..ii ii r L ,1 nwi ... il ... L .i.i
i n i. v.. .ir.v
Pprawon, tne tarnegie nieei i.ompany,
I '.'a'.''"' ,". ' ","!' "' "' N,"w Jersey.
-lie rciiriiii .-i,'i'i , oioSIOV. llie .saLlolia!
Steel Company, the American Steel and
Vf Ire Company of Kew Jersey, the Vetional
l ui . Company, the Hhelby steel Tube
Company, the American Sheet and Tin
riaie oropany, me aroencan nn riaie
mpaiiv. the Atnerioan ttneel steel
I Iron Mines will Is- served with a diipl.cat
; (unpania at its registered omce, .j broad
, ., !? 1 ,.' w,lr,h
i ne i mien mates siarenai tor tne
DIatriol of atinneaota will have aubpoaaa
for nineteen corporations and live Indi
viduals. The luiier are boms VY. Hid.
lames N Hill. Wulter .) Hill. Kdward T.
Vn liols and .1 II i Th alnatau,
aonioratlona all have their nffln. .Ith
Duplicate aubpeanaa to lie served upon
.1 ll Moore have been aen1 to the United
Slates Marshal for the Southern llistrict
of California in the event of Mr Moore's I
i ..mo! a I Santa Barbara, and to the Marshal !
! for the Northern Olalricl of lllinoia should
Mr. .Moore is- iii i ntoago. service upon
Henry V Prlok, the H. C, Frioh Coke
t mi, i' v anil the i imitoii steel I otnpBny
I has be.'ti clitrilsled to Ihe I'nite.l Ktul..H
f,,r .,. Western D.at rict ,.f P-.m!
! -vlvania 1 he Telillesse Cuil Iron so, I
i Rsilraad Company will is srvei by the
; United States Marshal for the District of
Alabima and Edmund C, Converse of
Greenwich by the Marshal for the District
I of Connecticut. Besides a duplicate aub
! poena for John D, Rockefeller a duplicate
' for William P, Palmer, in care of the
' American Steel and Wire Company, hss
also been aenl to the Marshal for the
Northern District of Ohio The duty of
serving P A B. Widener and Percival
Roberts, dr.. has bean assigned to the
Marshal for the Kasiern District of Penn
sylvania. The marshals will have until Noveiiler
14 to comtiletc service of nlllhe suhturtias
but an eff.
the task i
it will ls made to accomplish
. ... 1
much before that date as
I nwllllng to He One of 3.BOII I u
Rtlgene Cohen of aU West S3d street
got permission from Supreme Court Jus
tice MoCuii yesterday to change his name
to Cm win because he says there are 3, ion
Cohens in New York, and he nbiects to
I netting bills, tax notices and other ttiilioy
I ing do. omen's meant for other Cohens.
He said In decided to change his inline
I when n process server followed him for
i several days by mistake for another
I Cotton. The petitioner was born iu Mis
nam. BN.stMt from II. Hyde,
.lames C Sheldon, a lawyer, filed a
summons in Ihe Supreme Court vester
' day in a suit to collect ts.'i'i.i from Char'es
H Hyde, with interest from last March
lr Sheldon declined lo give further
information concerning the suit
(Hurl 4'alriiflurtt Thl la
BuprPfTA Courl ppciiatr DlvUloo 'oh
I ISA, im U. h, W. W. If, UK HI. 11a, 1. 17. 141
I Suprrinc t iurt Spprinl Term I'art I
linn 1 nti-mlnr i nllrd at in i M. Part ll.
pm it ma tiara
Surr"ialf i'o'irl i lumhrr1 Motion cak n
S.ti oallM nt I0J0 i. M Ktr prnhate VIIt uf
, Rpan Van lianMalfari Mar, Prjaman, wHiiam
j H Marilsnn. Jatnrn T iwali), I'Mhcr f 'harlcp,
M alaB It Mllrhfll. Thcudnrr K.ilKuc Mm la fJo
I hi l. I'link S OHbnrn. Itiulnlph ahn at in
i m, TfUl !rm o 2401. t amir
i nf Hrl.lffPl al 111 Ml U
t "I iv rotirt Spf rlu l Trrm, CoUFl oprn-- at
(fl A u, Uotloai.
i ourt of Iprw-ala C alendar.
for to morrow
4ia and Ml.
424 a, IX. IM,
B. AXR OAS YEAR.
I .BOO. OOO Hurplos Carried Over In Npltr
of Heat.) Increaie of Kxpense.
The report of the Baltimore and Ohio
Railroad Company for Ihe year ended
June SO, 1811, shows gross earnings of
MS.HS.OOO, a decrease of 1750. 24S as com
pared with IHOl expenses of )2,7M.(KI7.
an Increase of 11,432,200. and net earnings
of 2,S7B,3I). a decrease or I2.istl.il4.
Freight revenues lost about half as much
as passenger revenues gained. The ier
oeiilage of operai nig ex penses 1 0 revenues
increased from ns im togfTl.ll. Fxpenses
maintenance of wav. structures
and equipment decreased considerably
through economies Other kinds of ex
Those increases were due to higher
wages paid, according to President Daniel
Willard "Full crew" bills which went
into effect during the year also added ;
much 1 Maintenance costs were reduced
not only on general economincal priciples ;
lull iafcause much effective and lusting ,
work had been done iu the preceding
year, and because there was less traffic
moving to weur Ihe company's property j
out. The president says in' the report 1
that the amount spent on maintenance,
was ample to keep the road well up lo re
quirements. Much imHrlant construe
tlOB work was pushed to completion dur
ing the year. The surplus on the period's
operations was it :44:1s p;
The following comment upon the year's
record and present and future prosects
was given out us the expression of "a
financier identified with the management"
The record of the vear is in many re
Siei ts remarkable FrOBI current earn
ings in s had year the company paid out
in round figures 13.1100.000 for iucressed
wsges lo its employee, provided 13,350,000
Additional interest on new Indebtedness. 1
earned ?,4oo,ooo to depreciation account, I
distributed nesrlv 11,3,000,000 in dividends I
sinoiig nn army of atockholdera ami had i
a surplus of nearly 11,100,000 cash to go
over Into a new year. I am reliably ill-
formed that for the first .matter of the new
fiscal year 'July, lugust and Seplemheri !
gross eernlBge decreased aboul 1110,000 !
and thai expenses decreased 1750.000, The
nisnagement has the operation of iop prop
erty well In hand ami I see no reason Why
t cannot maintain dividends. With lis
present equipment and facilities tialtlmore
and Ohio can handle a business of lino, one. -
000 a ear. The company has a comjssfent
executive and as strong ami conservative
a hoard of dtiei tor a anv railroad m Ihe
TAXI FELU BANK cashier.
K. II. .Irnnlncs K4capes Serious Injur) In
B, I) Jennings, 77 years old. cashier
of the In ion Dime Havings Bank, at For
tieth street and Sixth avenue, was crossing
nixtn avenue at rorty-nrst street about 1
; JO o'clock last night when he was struck
by a northbound taxicab and knocked to I
the pavement The taxi whs owned by
the Cab and Tan Company 1 11 it was
Patrick Mctiumneas of 413 West Forty-
eighth street, the chauffeur, ami a pas-
The chauft'eur wasable to brinif the t. - ixi -
eab to a si..,, before it ran over Mr Men-
limits I lie passenger juuils-d out und ;
holS-d Policeman C.riswuld of Trafti.
(' aasist Mr. .feniungs into the auto- I
mobile He waa tnken to the New York I
Hospital, where I r Kveringhaui put three j
s: m h.'s in ilia walp. The doctor found
licit fti'iml for u h'..i woniid Mr Jen.
ninga was unhurt and after resting at the
hoepital he was able to go to tm home in
PARALYZED HI AS ELEVATOR,
Urseemllug l-Yelghl l.lft Fractures Nplnr
orge J. Mc.Monus. a OOal passer in Ihe
7ttt-"ij' 7r,,,f lJ5z vTk rfn
I omianv at thirty-eighth street and hatd
R1Tr' ji "'r",''k l'erday afternoon
1 on "Bole ofi the neck by a freight ele-
: valor in the plan! and taken to BelleVUe
i Hospital Willi
fraotured spine. His
lu.lv k turn I v I r m. I , ,A
'J ' " '
ills. A -is. 1.1 1 head liraci
has Ihii IHle.1 lo liitn and a pneumatic
beil arranged on which he can lie. He
lives at M Forty -ninth at reet, Brooklyn
M 4 RISE tXTBLLIQEXt R.
mis 1 vi cio' SLMAKAC r h la oat
sin. rise. a?- Hun sci- . -t Muun .n. u jA
HIOM a s 1 MS I Hia oat
Saudi Il k 2 (C U01 UUutl 2'Zi HcllOatff 4 21
Arriiee Uomdav. Octobar M
s- Prlai Frlsdrlch Wllbeln-i. Brtinaa, Oct
Hi Nletie Arr.-truuun. Uiiurrtlain. tjol 31
Bl Mtlinsliiiika. laiqdoa, (let. St.
s. nw Vork i In si Isrant, Ocl Ii
h i.,i,mi I. I'orio Rica, ocl 'a
gs CarotlBa, San Juan, (ici .'&
S- .InlanUu ill olurirti'. Porl Xniuiilu. Oi l.
.o i 1--H- Porl antonlo, hi ss
.s. H-riiiiidlan. Ilrrtuuil.. Uel -i
BsCeloo, ( rKluLal. Ocl '-'4
Nt slicatlaay, inaaua. net :o
Bl Kl Mmiilu. Uaivastoa, net ?4
- ti . See orleeas, Ocl a
BaClti ef Columbus, Bavaaaah, Oct ;:
Be Kansaa, Newport Nr, Oct 25
ssi'it of Rverett, Huston, Oct. ?n
m Msiiua Ham. Haltlinore, Ocl 2s
s. p,.i Hand, Newport n. Oct. ?s.
s. Ylralnlei at Hair from Bee York
ga 4'anieronla. at from -Nrw tuii.
ss KaUer WUhalm itrr tlrosae, ai Cherbui
friiin New urk
h yialandi ai Dover from New Ycc
s- Barlfa, ai Utbraliai from New uri.
BSIIJEB rsou Boavms eosTa
' St. I'i talneel l .ram. fur , a York ii .nn
Kaliri WhhBlin II .Birniru so M
I'retli Atcr ui A it
Crown of CirauaUa rilulUa.l Iu 00 A 14
(Claim Uarbadui 1 1 H A B
Ocean Prince. Rio Janrlrc 12 in ii
Cll of Uonlfomery.Sav Ii
PrlBCSM Anne. Norfolk.. .
10 00 A 14
12 KU U
12 (IU U
2 110 P M
3 0(1 P M
1IIII0 A U
I (10 P H
3 P U
3 l.l I' it
S 00 A it
3 la) P SI
12 DO U
1 00 P it
1 1 00 A B
I OU P tl
I on I' II
3 oo p w
Zulla. La (iuayra
l.ainl.sii- UalVSstuO .
ISO A il
I CO P II
S 31) A M
I bagevole, Havrr
I i 1. .....- K . . 1 l.i.i.
loon v y
K) V M
oiroeaef Kurltierali Bremeo.
Isorre Csallei Ifavaae
City of ColiinibiiK. Ha aiiiiah
i op a fi
u m a
I I.I I' M
12 mi u
12 l.l U
3 00 P
3 00 I'
1 OO p
:( itu I'
im ounta hibamships
lu - : ! i
Ma 1 una
K : ..lip' In V. Ulirllll
j Ininsdln . . .
i ( 'onehfl
I San .larlniu
- ( 'fisrnise
! m. 1 ....
Orl M i
i lei -J4 i
orr at 1
ilrt 1'5 i
(M't W ;
t 'ft IH
I'iralJrni l ln
1 ' 1 till ui.
( ' it 1 it
J R Ifoi n
Oct Mil I
I rt I'fl i t
I I ii-Hanla
j t'rll nnf .,
j i pattila
' it i nn ..t
1 Dura iii'ki. bruul
' I'ltv nf swannah
Sa fin ii nh
w ( irlranai
on .'ii .
'"rrnlr . . . .
B Mareonl Wlreleaa.
Sr. Krtmprinr. W'ilhrlm. frr Nrw Vrk. war. aw
mll ant of Sandy Hook at n A m vre,trday
la 7iii for NW Vork -"fta nle eat
nf Sandy Honk At rnvtn.
Sa Oreanlr. for New VorU. wa TA-, mllfe. nu
f Sandy Mock ai 1:49 l. M .
Custody of Securities
The Trust Department has complete facilities for
the snfe-keepinR of securities deposited in its care.
Dividends, coupons and bonds are collected when
due, and the proceeds credited or remitted on order.
Instructions for the sale or delivery of securities
or the reinvestment of funds may b; telegraphed
or cabled with certainty of prompt attention. In
order to keep depositors informed of developments
affoctintr their securities a constant watch is kept
lor notices of calloJ bonds and other material
This service, for which a moderate rhsrgs i mails. Is of
special convenience to those guing out of tnn or abroad.
Guaranty Trust Company
of New York
28 Nassau Street
Fifth Avenue Bia ich, London Office,
5th Ave. ft 43d M, 33 Lombard St., E. C.
Capital and Surplus, $23,000,000 Deposits, S 61 .000,0!
WOOD am STEEL
Jhe Slobc-Vernickc Co.
.isn-.in'i Mroadna.r, cur. Whits, t v
Phnne Franklin .i:o is; 1 . i.-.sn
The Wall Street Journal
EQUAL PAY BILL IS SIGNED
m 3TROXGL OH fM Ts
TO ONE PRO isrow
, " "eiir.e. in ine rrmcipie or
I'MiihI la for r.iiuftl Work nnd TIiei
IncrriMs III Ihr inlarlri of TearherE
r tp(leil Me sunn the M'Eure.
Al.HANY. Oot 3' Th6 NVw York rilv
rhool ttachprH ual pav lull was Signed
"" Ul '--unv 1 1- n,n recognles
' " salary schedule adopted by ihe Boiird
of Education iu May Inst, which was
indoreed bv the Association of Women
'Teachers The increased cost of the
i schedules proposed for the elementary
v Qov. I'ix to-dfty, Thl bill rt
schools was atvtlmated at 3. 1.14.940 and
the increasel cost of eijualizntiou in the
high s. -lion Is was estimated nt I72,4B0.
In signing this bill tlov. Dig fl!.s: ,1 tneui
orandum in which he shvs
Thin ''ill In eiTel provldea!
I hat the alarip of prpaenl Iffat hfi
undar a npeeiflo aatan acb-aduti now pxiat
Ins haii not te rediK'ed, a proviaiou in ac
cordant with the maolutioua of the Hoard
of Kdueation I ha the aalarlea of the teachera
now in ihe ayatem hall nol ba reduced
That tlie liosutti of KduoatioQ rnav, aa 11
raout4t4d, athit ami ena t aa a cut of Ita
bylawa the achedulea oJ aelaiie included
in Ita approved reporta,
That a minimum aeale of aalariea -hnii
aitat, whit h -stale is the verv ,heiliihi ap
proved by tiie Mount of Kdunatlon.
1 hat the itonr.i ot Education ahall nol
poaaaea 'he power t le. reiie aalariea t-eiow
ihia minimum acale( a power the exerclee
of which in not otti unlikely but unde
that the Haril of Kdiy atlon hall poaaeaa
ihe power( provided an Im iei-e be meri
torioua, vf ni' i eue aa lariea beyond thin
minimum acale, thu doing away with the
pivtent netjeaail y oi lealalai i a action to
acvompliah Ihia a nd
That in th achedulea 'f miIui lea hereafter
uiW'. i ! thei thai! x.i-t no dlacrlminatioti
by reaaon ot tex an underlying principle
of the !i hviiule approved io the board and
iii i'Miurv to t'revent the lonnl rrotll adopl
niaf achedulea ot aalariea above the (lfil
minimum umi the achedulea approved bj il
in diareaard of the imlloy that there lie no
diKi-f I ininutioii iii -.1 hit harsett upon rfv
Without this limitation the board would be
tnuhiefi to i omply ith t he nw and continue
1 hat the poUcy of ei.imi pav for equal
work or pay for poeltton to with h the board
ia comniitted, whU h haa been iarifei
utl-nptfo! el-eahere and w hlcll ia 1 JtP eilnll
i eufonulile. tn list (tint I fine poeltlOU
1 Which It a matter ot iuahM' atioii houh
have Httu hed to it bu! one salary i the fact
! thai it doen -.o anablea und tends to compel
the choice of t!(e ief-.on. man oi woman,
I bent ((Ualtfled for tha poaltton.
j It then provides,
j Ihe aaiary of a principal aaalatant to a
1 print lpal or head of h department ahall not
! Ire lata than that now Mxed for an regular
'teacher in the elementary m hoola.
I Thla provision to some oxtent modifies
I the foremMiiJ' provUtona in the lull It
! raien the salarv of hi, aea latent to u print i-
j pal or head of u department automatically
f io TV,1.!'.-), an locreaae of aoo o er t he preaent
I nax.lmum and ,m over the maximum of
i !ie ipproved achedulea tor tins poaltion
lti enert :s in aaiaoiian a n'- minimum
s)at for thi- poaltion m the place of the
uiie alreadv Established hy the hill, lo taka
avuo the power previoua)) given the Board
of Kd mat ion to adopt Ita own achedulea
lor thin poaitloil ami compel it to adopt a
diffeieijt schedule to iucreaae the aalariea
tf some Mii t cache ra ail houi regard to merit
OF lcnith of aervlre and i-addle 1103,000
upon the taxpayer.
it creating an unwarranted and wholly
unearned im-rease in certain aalariea,
which increase was neither dealred hv tie
ssoi i at ion of Women IVachera nor a -proved
by ihe Board ot KducatioPi auch
proviaiou not onl violateri the principle uf
damocratlc government, width forbtda the
sraut oi apaclal prlvtlegea, ion itiavegariia
that principle In the ayatem ul education
which uffoids a rad mi i increase ot aalar)
upon u continua t a of faithful and efficient
Without auch proviaiou Ibe bill would
have been wltboul object iou with it a
beneficent meaaure has btten Imperilled
while i regret tha the aenae ul public
ltd) ha'4 not compelled d- om lea loll and a
mole at t let ad hereto e to t lie m st-m ol m-
penaatlon for poaltloni aa approved by tha
Hoard of Education l feel that thla ayatem
ih eatabllahed aubatantlully an approved
by thla hiii in aplta of auch proviaion
In view, therefore, of the tact that t
1 1 leva in the principle 01 pay for poaltion nr
'tpial ptiv i'ir eipiai a'Ora that th piesi-nt
schedules violate this policy, that iocreaaea
t la tue aalariea 01 tne teat tteis are con
1 cedealy needed that the ji-e in the hill a
, of a comparative InalanlflcaiH'e, ami flnaln
1 iu view of the laci that 1 believe that thla
hill will restore m the e.iio ,n lonal ayatem
harmony and efficiency in place oi the di
cord alia rniiaenueni rjemorallzaiioii which
hae rviated for trie la-l several vear I
hav appended m- lis nature lo thla lull.
4 11 a 11 1 f 11 1 11 1 ana
Ml. Mill. U I I.CAIIIM) HOUBC VSS'N.
STANPAnO (,S AM) RLRCTRIC COMPANY
HRDKIIMriO.N Of SIX PER CI5NT. COl-
I. V I IK XI, TKf.sr VDITS
To th Holdert End f)wnrr of thr miituDrllnE six
per rrni cullfitf ml Irtlil not?, of StAndsrd
lti nnd KleetTH CompEBy, datrd June lOi i
Voile i- hereby Elvt-n ihsi StnndEfd (iE End
lllprirt!- CompEny hsi rniir l f-r redempilon End
pnyinrm nn will rftlrrtn und pay on Ihe flmt
ilny of December, ion. all nf iu nulEUBdlDf sis
per rrnt roltAirrai trul fi Uated June I. ll.
nnd lEEUOd tinrtfr EOd sscurfil hy He tnut Efror-iii-nt
dEted Junr 1. HM1. exfuted to thn Conti
nrntal nnl Comryrrrlal Tnit and Sfwlng Bsak,
The stftnfiartt (".as and Kltv-trlc Company
and pav all of aald n-t-- El the omce of the
('nntlnrnial and Cmnmrrclal Tmtl End Msvtnr
Mink In Uir city or I'hlcafn. ItUooU. on th Aral
any f Oerrinbrr. I0M. hv paylnfln fold coin of
th' I'fiHrtJ StElea of Amrrlra. MM" of 1he fEet
VElUC thrnf and accrurd Intrrtst Ihereon up lo
thr -alii dii" flxrd Nr rcdrmpllon. TEymeEl of
ihr prtnclpEl. prrmlum atid Epcrued IntereM on
.il l Dotfrf hv m tdr a aforfsald only upon
prrantntl(iii and "nrrendffr of the aEld notes End
rotipon thTrm apprrialnlnr. AH Inlenpsl on
said notes EhEU rraM- on thr tiri dav of T)er"mbr.
Hill, nn'i nft"r that datr Mich notr ahali rcESO
' in bf cntHIr I tn the rcurity provided by Ihe
tfrtii nf sajlfl inyit Ef fCtlllEllt
lEted nt ChtOEM. Ittlnota, (lrtober 11. 1911
STANDARD ft An ND KLBCTRtC (X)iPA!
B H m UY!.u:sHY. I'realdeni: ,
, :irt. W. I SI"! A IAS. .ii . Sevreury.
WIM KKMM kl 4 OAI I OMI'A,
firi sioriKMae Flir lrr Ontaaa
I hlrty War 4. old Honda.
The uodei-algued, as Truataa under the moru
gag! of hr ea Kent'irk Coal Company . 0t.n
July IttsiaM.herab) i" p.--wopovw. for ihr it
10 It under tin piotsons of said niortffafe of aa
man) bonds aecured ihereb) as win rihauat ih
Mini of Miteen ThousAnd si. 11 uaared ani Ntnao -one
Dollara and Tweoi) -u-.i; Caata iiis.aoi 2ft).
at n prltr not rx'-rrtllnr lwa and accrued In
lercat; bonds to be prcsentru for payment 011
Januar) let, 1 01 j
Serdfd propoaata will be openrti ai 'he office of
jThc Truat Company of Amaticai 37 Wall street.
Sew York City at twelve o'clock noon, So ember
'ill. Iwit. and should br rudorsed ' I'ropoaala lu
the Rink la I lurid of ihr Went Kentucky Coal
1 on pan;. Thr ritfht M reserved 10 reject any
or aii tenders.
Thi: THt STCOMPANY OF AMFRUW.asTrnatee
li VrfLLlAM (iil.M LOW. in . Vice Pres.
Dated. New York. October iaih. 1911.
THI EXPLORATION CO. OP NI5W YORK, al
Broad St . bereb) Ofleri to recrlxc and eirhanfa
until Nov. A, tail, lacluall e. Common Share
of the Brittst! Outaaa Gold Conrraalon-. Co . Ltd..
for t nmmon Bliarea of me HrltWh (iulans Con
s-hlAtr.l Co. Ltd. as follows Holder- or MM
former aharea will receive n like number of tof
lattei hbarea upon ihelr purcbaaing PiaaMi aa
s iarea f 1 ie la Her Compao) at lajfl per nnarf
1 1 Itie amount of one half f Pirir hoUllnt. In '.;
former Companl l boac "rtareioider no aieoi
iua lo pureha-f lurlerrrd S-ar-es nia ear tanas
t it'lr t out t -.-Iniis CommOli Snares fur ConaoTl
lated H inn ' In t ia ratio ol iwe "f the former fi
1 1 11 iions wo mi-:ktii;n.
notict: to an KKOLDr hh
1 ipeclal meeting ol ihe stoekbolderi of thk
Qt'KI VSBORI CORPOlj M M tS uUl be held -mi,
ihr sni.li da; of November inn. at itvoo cloc'.
P M thr oTlrr of audi t urporatton at llridf
Plaza North, Long Ialandrtty,Oount uf Queen
anil State -f .-ve otk, for the purpri-ee of voting
upon n pntpOftltlUtt to InrrraM- On capital .'' h
from VjO,Oi0. .. -m-' 'u h of 4.1-UU aharv-t of pre
irrrid -lock and 1,000 share, of t-nmrnon atoet.
r par value or snai earn, ro ti.tni.dai. 10 conslu
of s .111 sliarrs ,if prrfrne l aliik and :.tO" share,
of common stuck of the par -aiue or 1 a -tcli,
and also tu vote upon a proposal or the Hoard of
Dtreciors to laaua a serirs af bond a The stock
iranafer books of thr Corporation Hill be closed
from the close of business on .NovcnTbcr 4th. lail,
; iu ibe upcolna tf busineaa on November 7Jj. Jan.
WILLI l I tVYCKOFI Presldeoi.
HAVIO HYB. tsecratary.
1. lei irleal 'nriti, t arjaatai kaaj.
rt.' VKU Ul STRKI Ti
Vew York, October 24111. ian.
Notice ts hereb) liven I bat the annual meetiaa
or the SUvc kholders of 'hr 1 in THU AL BRCt
' IUTII s t OHIOHATION vi!l hi held at the office
- uf Ihe Corporation at rt2 t'edai siren, in the 4lty
of n. York. K V on Wedneaday, rue ath da-
if Nnventhei . itill. ai twelve o'clock noon, for ths
purpose of electing dlrectora anil for the trana
nctton of audi uthr, busm-.-, a-, mav properly
j com i' before the meeting
The poll a 111 remain open front I.MS i u ifjaali
' 1 fi I i or aii day Praasfer Hook-, ulu be
f closed al 3 o'clock H si on ikflober 171b. ten . and
ivtll be reupeued a' 13 o'clock mon on Nocmuer
. 9th, I'Mi.
'a t KAj I'M an. Becreiarei
- - -k. .L.l
OI llll AOs WO lvrKRKT.
. esortJBa ti Aa licjui tt cqu kcoii pa t
of 4 hliaao .
I Notice is hercb gtien that a HMdend of QP
j AND THHI E WI AKTF.KN PER t KNT. tJ,)
I haa beru declared on the capital stock or ibis
t'ornpii.1. payable N'o ember 2Mb. let 1 . to the
-..oekholdrr. of record at ihe close of business
on .NoM'tnbn 3d, 1911
1. WILEY, Secretary.
OKTHOI1 Hill K Tt NEL CO.
I he coupons due November 1st. 1911. from the
i-Mr-oli Terminal A Tunnel Kltat Mortgage a1?"..
Honds will be paid by the If Ichlfan Hall road Co .
I Leraaer. upon presentation on and after that
I dale at Its omce. Room fill, Orand Central Ter
minal, aea oru. n, i .
chahlks y cox. Tretenret
Ihe American I srhanae Nalloaal Hank
New Yor k. Oct. 21, 1911
at s meeting- of the Hoard or Olractora of tide
Haik held to rfay a serul-annual dividend of Klr
Pr. t rut ..V, on the capital atock w declared
payable Nov. fst. prokltuo. to sto.'kholder.t uf
. reO-ird at the otose of bnlneaf. Oct 24, 1911
WALTHH H BKNNETT. l aailer.
l.l II HMI11I A W 4 II ISO RAILWAY 4 4.
f oupOB tlue November lal. 1911. from lhs First
.Vorttfute rive Per Cant. Thirty Year (.old Rood.
f ths above Company will be paid on and arte
NOVambei 1st, lull, at the office of the Ceutrjd
'nasal Company, &4 wau strct. jfaw York.
F U ( AUI'BDLL. I reaaurer
niAWflR DP 4ttPOK TI KAMK.
tt':l :: is hrrrbv rriven that TMK HO A HO OK
TIO HTi rS OK THlT AMt.lth AN MIHlTIA
HOKI'ITAL AT ( l-SKUKA. VSIA MI.NOK. Tl It-
jhl.ii. a dtnnrsiir eoi poraUon. haxuia oi pnti-
clpai hiiatneai ofOrr -n iht- : ti ot Maribattan.
u. County and aiate ol Wea
cw ot it. wiu ajpplv
.t'ntr o New York
lo thu Supreuir (nut I 'In
a I a -special Term Larij! thereof for the hearias
of motion a io be bet 1 ai he County court House
In thr Hnnuii'h U an rial tail and ('llv nf New
York n thr i&tb il of Nov. mlii r 1911. at igwai
u dork in the foreiiooti of ihei day. or ai aaon
Ihervattei a-, couttasl rati he heard, foi aa order
.iuihoii2iur -rod corporation 10 change Its cot -poraie
name uj riii talLHlCAN hospital
AT Konia isi UlNOIl
bated Nr York ct Oejobar 20, 1911
HO: BOAHO Of I'HCSTRRH Of THR AaUTtl-
c N CHHIHH W Ho5li t'AL AT CK8ERBA,
ASIA MI NOIL ri'HKKV
Uj LI.iSON OOOO. Presldeoi.
01 kici HI HCH V8IN-U t 'OMMiasAHV, 1 1 . s
rr nu While ball Street. rw York. X. Y..
Oct,. l.ct SI, lail Sealrd I'rupohftla. In duplicate;.
fur fiirnlahlna and d.dlvrrlni aubalitenre atorca
In lhl nlj "( UCh tlmre, as ma hr required bl
t- I s QOA ernmeaii OH or before llerembrr 5.
I in ; ill tir raeah ad at thit. office until ten o'clock
m , ti rmbir 1 , 1011 ." Information furntahetl
nn nppl't ntlon ln rlopta 1 on talma l bldi ahnula
br ,u ' u "I'ropaaala for Subalatenre St orr-,
nprnaa Nmrmbrr 1, tail,' and addrrafed toCol
I. smith, v r. ti . I. . a Army.
1'ort il a v (M'K. n. .i .Toct" ell, itii.'-aaaleri
prnnoaala I" Iriplleale will he received for plalar
deep wri! for ir lift. Ac here, until 12 M . No If,
ttn 1. and then opened InformaUon furnlahail an
Appiiration Knvelopea conuintnf nropeaala
lanotitii hr indorsed i "Mi : for ptplna dean
aril Si ami nddreaaetl Iu w' ahtkkmASTLjT