Newspaper Page Text
12
THE SUN, SATURDAY, JANUARY 4, 1918.
KIDDER, PEABODY & CO
NEW YORK STOCK EXCHANGE PRICES.
116 Devonshire S!rH,
Boston
!6 Wall Street.
Ks York
Investment Securities
Foreign Exchange ;
Letters of Credit
r j
Correspondents of '
BARING BROTHERS &C0Ltd
LONDON
vmm nliilnr'. SpII Slocks on Nous
of hi.inir "f Aincricini
l!cd Smith r Dividend.
MONI'.V UVTKS VKHY KASY
I ndic.'ii inn, of ii Circa l (inin
t'dsli in 'I'o-ilny's Clcni'iiii;'
IIoiim1 I'ctlll'll.
in
llnlli-nnil
nml Oltirr
shnres,
11S.
RAILROAD AND OTHER BONDS.
Transactions From Opening In Ili'S.
Closing -Hid
Auk.
DO.
Kite,
Ml,
II!
7S
r.r.
.in
I I.U,
.".1
.Mil,
Hit
ill
11
12
I2U
f.0
42
'.'
.1 1
:uii,
an H
n;
,ii;
,m;i2
1 M
20
12
13
13
HI
How to Judge a Bond
?ecurilirv lejal (or MvinRi h.uikt and
Winter can L reliH unn l be Mfe
and round. If.inalditnn j icii serimtt'i
have been pur haveil in large amounts
by the most itnpnrlint invirAtirr coin
pnif, banks ami trust contp.inie. in
vestors can rest anurc.l tint such se
curities arc attracts c in every way.
Wf art now offerm;: a first Mortgage
Bond meeting all the abo e requirements,
which ilds 5 W'r In oddition. this
bond has always a rrid market
Send for Dt'trip'.irt Citcul.it.
A.B. Leach & Co.
Investment Securities
149 Broadway, New York
Chirac" I'lilladrlt.hl.v It.nuin
Ilnstnn London, I nil llaltlmnre
A Profitable Time
To Buy Bonds
is when their price are dtprcssed
by high rates for money.
Onr January Bond Circular
describe .1 variety of Municipal,
Railroad and Public I'tslttv Band's
which like all bends, are hdlim,
at prices reflecting the present bijjb
money rates.
Our list incluJes bonds adapted
to everv legitimate investment
need, eacb issue having been pur
chased after thorough investigation.
January Hond Circular A 1) 7S
eif on request
N. W. Halsey & Co.
49 Wall Street, New York
Philadelphia i Mi.t.:ii sm i an,-li.n
In Hi curly dealings yt"iil.iv the
k uinrU'-t if i 11 it vv.i.s yol Inclined
limine"", n'thmch tin- foreign c,'iblo
i. "iKitr'ii'. in'if full ipf stories about !
ttlrn t'utiis likely to l iloll rretl liv
lit' n'lied H-ilUnn States In the Turks
111 i In- l,iiiiil.in ponro conference, ami
s .r'ncf Indications were Hint the con
f.'iiT. would hrnik up without satis
f.iet.irv cnnclus'hm. Hut the disposition
Ihm.i was to believe th.it If these Indlen
func illil n t nffoot tin- London market
inf(ivr.iiily there was no reason for
.selling stock nn this s1il, ami there
fi'te. although hr.i vines ami lrregu
. irltv made Its appearance In certain
ipi.ir'ris of the market, the standard
f! . h- V.ete s'e.ldv ,llmo"t wit limit . -i
ept'on
lir i he market situation unuVrwpti'
dunce whim shortly after mMcl.tv It
w.is nnnotiiue.l Hint Hie illiecloi.s of
lie MlerliMll Iti'el SllC.ir ('ollli.lll had!
ill I'Uirnerl their teeuLir (llvlilenil mcat-i
im wi'lm'ii i.iklni; nny action rr-Rrml-I
'nir ilie ile, lanitliin of the dKldonil upouj
. iinni Mi nock. Last vear tlipivim
in dU l.li lids upon this .stock
.' tie tlrst lime and at the rate of'
pee , en' Some reduction In the1
l. di n I wa. rather Kenerally ex-I
pii'ed mv nu to the pto-peot nl a re. j
.-I'll .if the t.irllT on raw "iia,ir nnd !
1 1. 1 -a -,?.,' of the lower prices fur
e .ommodi'v III it hne lately hern'
.I'tained ISii: li was not thought Ukelv
"..it the illrrvtorp would suspend the
't. nl'-nd upon the common stock en
.! 'v and technically they did not do
ni their yesterday's meotliiK, hut
..ilv liefeireil fiction. The general rea
! .n for thlnklnt that some dividend
wo iM he declared w.i.s the hlKh'.y f.i
voriii'e state of the companJs
tiuflness in nil recent years ex-
1 1 115 i a I (M
: II.V- lis
I I'i 1 1 T
l.!'Hv. I P)
"!tl- '.'Ml
12 I 3
MJ
31",
liif.-i,
I HO I a
lu
III.-.-.
lft(l.14
ft I
ii;i4
in:,34
3S-1,
i;s
t'i
1 04
M
ST.
fti-';
ion,
inn
sr
tt'l
I Oft'.,
R41.
I124
:s.
IllMi
Mil's I in
4 ii', icr
3.1 1.
I In
14'
... 'j
i:i:
" '
3i? :i
4S Hi ',
3!' 3'iU
lll'4 11 Is.
1 S4 3 1S.-,14
::. Tf
-'.
130, 130',
i
:.i
110',
110
ii:1:
mil.
11
Ill
11::
U'T',
!"
-2
' I''
lis '.
! is '
a it.-
FinleyBarrell&Co
74 BROADWAY
Stocks-Cotton-Grain
Vi."
Sliwlc
nil
F.xi'lii'r'
Kfii.ife
'fhlrato lion re 1 f Trail
Two exclusive private wires to
Chicago and the West
Telephone. Rector 4720
"CONDITIONS AFFECTING
RAILROAD
BOND VALUES"
is tho titl" of a linolslct which ;r
have compiled and which should
bo rrnd by all in ctor'.
enr it 1 n 1 nr ;
Miller fidmpanu
Umlir S "t Si ic' I'xrhaner
2ti llrnailuai m, Urk
Underlying Railroad
BONDS
Clark. Dodge & Co.
51 Wall St.. The Rookery
New York Chicago
Bonds for
Investment
IRndmond&do.
33 Pine St., New York
n. .v HAniTii
if. p. riiA i:i:.s
Vf fttlhf rf
V 1 ,Sn,-.
EKhartzr
III KMSN II, own I II
,irrer.
1 1 1 inn ,r
t n're rt uti'jf
BARUCH BROTHERS
Members
Nr )rl Slni k l.kilMnEP
' "rk I 11II1111 I , Ii.hil-p
en lurk I nrree Km li.incr
B0 RROADWW. MIW VORK
the present one For th
'wehetnonth ended March 31,
the companv exhlhted a fiir
f $1 I'T.'i.oon after paln $7.m.ono
Idenils on the common dock nnd
iiir.ine "tf a cons'derahly ere.iter nun
.11 .li', ire. i.ul.in charce.s.
The reason nsmied hy the directors
' tal.liic the nctlon they did was that
hulti. .s t''.:s venr has been very poor
nnd t T in' the (ompany had a larce stock
.f unsold ,siii;,ir on hand. It Is fair to
assume also that tat Iff considerations
p'iv, I , part tt th determination
. ' ti. ma te' Immediately upon the
ann.i'in. omen' the Meet Sucar common
s'i irrs r..i oeull. mnklni; a net de
cline f.ir the d.i of 1 points, and the
professional .peculatlve element made
nn attack upon the market Indiscrlm
ina'ely and succeeded In netting up a
ceneral doillne In prices wltamit 1 irpely
increaBins the volume of trnnsactlonf
Hevond anv doul" the recent ellmina
t.on of the short Interest helped In the
di 1 linn to ni small extent. I'rom a
sensible and lonservatHe viewpoint the
da's leadini; Incident nas relatively
ailmportant nnd a factor of much
greater welcht funilamenlnlly was the
firthfr pr'iiioiinced decline In money
n'i 1 and the numerous Mens that
m mev was nccumulatlnt at this centre
The forecasts of to-dny's bank state
ment wi re that the banks would -show
I a sa.n In ian of nearly Jlft.OOO.OOO
I I'n siiniaMv the return will also show
I .1 irc increase In loans owlnc to the
! same .ni.s. s which in the middle of the
I week Wire effective In the ease of the
r.nnk of Imuland and the I'.mk of
I'ran'e Theiefore, the definite llcures
..f the hank .surplus may disclose noth
,ns siirpr:slnu. Hut ihe statema:
w-r-k fiftir tiet should round llilnes
1 nnd mentiw'.lle there is no manner
i f doubt th.it money Is pourlnc In here
r.irm ti e interior of the country In an
extraorillnar ' way
Th (.li monev renewal rate yestr
d v wis .", per cent, and most of the
cnl' loans of ihe diy were made at a I
lower rate The price of time money
was ne.ilu reduced for all maturities
with boriower, almost universally hold-j
nit: off In 'usilfled expectation of n still
t-rcatc- rrihution. I
In nppnnnr consequence of the srreat
ease in monev sterhne exchance was
as. .In hltther J5ut the demand ror I
etlins t rxceptlonnlly larae at thel
moment because of the pressure to r
rn't dividends and Interest payments to I
f relin countries, and th extreme'
stti'licl1' of the market led tn the belief
that .some pa" ' ularly tarse remittance
m conneitmn with some speclnl trans
a' Hon was coitic forward Monev ratesj
in the foreign mirkets were depressed,
nlilioiiKli not to the satnn extent n.s
here The death of .Inmes It. Keen'.
n t so manv years since one of the '
f. ,rAm.-.o, llfo.rn. In aneen tn I 1,'a nlrlna
pissed nirri'ist entlre'v unnoticed
1
Hi"-
VII
ll'ft-
10S'4 10s34
i:-si,
SI '. 31'-
1I3'T
SI
i:-i
3
31
1 ::.
114ls
::i',
!l
3
I'M
4:
i 311
.IL'S'-s
I :i3'z
I 2'4
! 3;.'j
1 mm,
: l!ft
1 1
I -m
3314
1 'jr.u
!;;' 1
rin
L'3'.
43U
1;.
31
44',
4.M,
:io'3 :i 1
7;u T'ii
1 r:.; 10.-.1;
:s
vni4
37
il
3SI3
n:i2
ji's
x
Ml
ItllU,
112
7'.
v.
op,
4 si,
iSU,
34;
H7
7:''
17'
110
ii!)
41
113
7
3")
:',
7 1 'n
S(tt,
37 's
r.i'.i,
"i
lis
3:")i
110; 10il
113
13
r '-'
43
1.1!".
IlL'k-
50 C
ton
3ftU
l
Ii7
f.S'i'
107','
R0
74
1101,
ft!) i4
42 '
11
79 1
4OI41
r...
7ft '
HSiV
i:.
In
l
in
is', 1st.
'13 i?3'4
20 a 27
1031, 04U T
ir,7 " in
3s 1, 3S
111 111', 7'
2 s4
lis 4
12!U 131 7
1!" lflj
73 73'... I
2i 2t;'- 4li
22 '4 21 '
14M !4!'j 7
27 2s
(.2 i',3 I
414 41U
127', 12S 1, 7
3d
10'
4
I
l"o Am
31111 Am
Hio Am
1 2. ii Am
Ion Am
ion Am
!'" Am
Sal, I
10(1 AMI.s.l iialitTiir'pald .
192"i Am Heel HiiK.ir
23SIUI Alllal Copper
ion ni Au Chem . ..
2IHI Ari' Hr.ikc Shoe
3 ion Am Cm
1200 Am ('.in pf
ion Am C.ir I-"
ion Am Cot I li
1 in aiii i;sptcss
Hide I, eat her.
Ice
I.lnsii'd Co
I .OI'O
Mali
Am Mull pf
Am Smelt Im;
SiiH'luiiK p: . . .
Suirii'- . . . . .
1 "" Am Siiiinr pi
70" AII1 Tel ,v Tel
Hi" Am Too.11 en
li'ii'U Am Toli.u ui pf n . .
2011 Am Woolen pf
271111 Aiiiiconil.i ex di'. . .
1 ino Alcli. Top A S V
21"' Ati h. Top A S '-,. pf .
inn At Coast I, In,.. .
Id Hani; of 1 'ouimer e.
Son Haldwln Leo. . . .
ion H.iidwin l.oco pf . .
7.'.o 11 it
.'.no Hcthlchcin Sleel
2"0 Hethleheiii Steel pf . ,
:o(i II K (loodrich
20(i It F (Jooilrlih pf. . . .
2ft."i0 liklyn Hap Tt.iii. . .
1700 Cat I'.t
100 Cal I'd pf
1300 Cm IMcitlc
ftnn Ceti l.ea'.her
I'.'IKl C A- ( I
3,'iOu C. M A S
mo C. M A St ' pf
Who Chtllo 1 upper
Mo c.d Southern
."en Con (ins
12("i 1 'urn I'riulm ts
2011 1 "urn I'roducts pf . . ,
I'oo nistilli i.s s,.,'
ton Dul. S ,v, a
I7oo F.rle
film F.tlo 1st pf
too F.rle :'d pf
13.-.0 I' W Woolw.irth
t'.i'O Cen F.lec Co
M0 (Jen Motor pf
('.on Coldtleld Mtn
Sinn ( it Nor pf
ino (ii Xor 1 ire ctf.s
Ill (lUIJUetlhellll
ion ll.iiM'.stet
lft llomestake
I'm Ill Central
400 Inspiration Con
inn lnt Am- Cup pf
Mo lnt Paper
2ini tin Ihiiup
ion Inter-Met
1 "oo Inter-Met pf
too K.m cit Sou."
200 f..'lede (!ns
Mini l.ehlsh Vullcx .
Mn Loose. Wiles its
3ftn I. A N
200 M.icU.iv Cos
100 Mack.u Cos pf
2ft.". .Manhattan Fl
Mn Marine pf
1 Mn Mex Pet
2111111 Miami Copp. r
Mn Minn St I
I nn M, St Pa S SM
100 M. K A T
2nd M. K A. T pf
2300 Mo pacific
3i'0 i,t His Co
Miln Nat FA S
!'00 Nevada Con
Tin x y i Vtitral
inn N V. N II A II ,
ftno N V. 1 1 A W ,
0" Notf ,v West
20n No tiier Co
Mmi Nor P,n 1 tU
Mn 1 Oil Sil.er
Mn p,,cilh Mai!
1 100 ivnn l: I!
.".On IVopio c,,i
r.ftn Pllt ('.ml
lftnn pin. c,u ,,f
3i 11 Pressed So el Car...,
inn Pressed Steel Car pf . .
10" Pullman Pal Car Co. .
1n ijurl;ller
"onn rocs Copper....
20n Ity Steel Spu
ftOO llepubllc Steel
Snioc RiMilins
30(1 lle.idnv,- 1st pf
fton itocK, Island
2"n Itoek Island pf
MO Seatioard I. pf
2011 Sears. ItlieblK k
21111 St I. a- S F 2d pf
Ino S S Kressio
IftsiiO Smi p.1,.,11,
inn Sietthf t n l! Co
200 S011II11 m Ilv Co pf . . ,
3no Stand Mill Co
M0 Maud Mill Co pf
I loo Temi ( 'opper
2on Texas Cn.
200 Texas Pacini'
4100 Third Ave II P.
100 Tw in Ct : T
K'0 I 'nilerw ood
lOO'r.idirwoiid pf
.too I n Mac A P
200 Fn Itai.' A P pf
IS700 F P.ieilU
Rfto Fn Pacific pf
M0 Fn ciunr .Ifrs
M0 Fn llrv (loods
400'Fn Ilv Inv
400 Fn Ilv Inv pf
13ft F S Fxpre.ss
2200 F S I lubber
200 F S lluhber 1st pf
300 F S Pubber M if
ftlSOO F S Steel
MO F ,4 Steel pf
Sfion Ftali Copper
M00 Va Ciiolina ('linn.
I Ope I,
1 ins 1
I'.
Is
70S
."7
!"l ;
:it
1 M
ftft
l'i3'.V
1
20
H'4
13',
13
01 ',
71
Hoi
llft
110
13l(
lllEh-l I.e.
I
,l
i't
is
7!l
!. I t.aat.
I Vat
iChnni.
I'i,
II
7S'4
M.H,
SI
U".
Ilift',
10(1',
131 'A
i'i';
1 103
! 1 nft 1,
3!S'
CS !
s I
Mft '
!1 V
5 ft
sr. I
203 U
2!) '
7H'
113',,
140
I7'k
3.1
140'r,
li.
7;i
20
s
32 '4
4!ii4
3!
111
is;, 1,
T2,k
131 '4
4H,
n2
lit',
112
127
M.i,
in
12',
M
1S,
13
103
1 liS
3'i
141 T.
M4
.!(,',
130
l'.
71'
Ifi
22
1 II 4.
27
'2 '4
II'.
lis',
1 ',
1!'
Ms
12S
31',
113',
VII
121
1
3uu
122
lift
21 '
!'t
loo
1 fift
4
3)
illi'.
f.ft
fti;
M3'
ft
20'
II',
43
13
111',
71
Pn;
llft
in;
1 in
27!
103
M
10
Ml','.,
Ml
131 ',
I'.'S ,
fti I
103
lOft",
T"1,
hS
r.s
10ft
!1
r.r.
sr.
2fi4'4
20 '
7'
II3U
lln
17
33
1 K"v
I ft
7 '.i
20
s
32
ID',
31
III',
is.".',
7s
2'
131 ',
11' 1
Ills,
112
127
10
f'U
12',
M
is
f,
10.1
p;s
3!i
Ill',
S3
iii;i,
130 -I''
'
74
M0 Va Carolina Clien pf. tilt
31
2i
Msi.
on
24
14'
4ft
113
11'lftL,
2SI,
sou
37
lir.'.
3'.
112
nn
3".
Mft
!T"V
1 12'-
ii
11
Ml
3ft
3',
r,r,
;;i
M7U 7'i
fiS'j
no 1
:.!
43N'
000 Wf stmclioiise
10i".r.O Wr:i Mnrvland
300 West Maryland
200 West Fn Tel . .
M0 Weyninn, P. X. C
Mft Wheel A I. F
100 Wheel I, K 2d
pf...
'pf.'!
Pf '
7!i, '
3!) '
r.2',
7ft
IK.':
1 1
lit',
27
C.2,
12
12S',
1!
I!",
I Of.
12s
31',
113',
so
121
2',
30 '
122 lift
21
91
3ft ',
MO .
Mft
I
21
34',
2rt'.
Ms 1,
!o
21
44
4ft
213
2 7 '2
77 C
io.-.
2SV,
snij.
i:..'i
3!".
lis
39
Mft
!:"
112',
7
11
MI
92',
19
ion
3ft 1,
3i,
r.fi
r.3
10714
79
r,s
110
(10
131,
111
79
11'
02',
7ft
IM',
s
14
1. 1
bft I
29
llft
ft ft '14
r.i;
1 3 1 3
1.
nn
in,,
1.1
1:1
Mi
71,
pn; 1
1 ir.
IK
139 I,
279
103
s
39
loft
100
131',
197
fti
M3
Mft';.
3.x
r.s
17
loft
90',
fti
sr.
2t2's
2S
7S',
1I2'..'
I4tl
4H'
33
139
11.
7 N
2"
x
31
4'",k
39'-.
Ill':
1 v r
7 s
130',
II
llii',
1 12
127
ls
Jul
12
I '1
1
2
ln,!
Pill',
3!'
Ill',
S1
P
731,
2t".
22
C.2',
41
12s
ICS'j
12s
31
112
su
121
2 ' .
304
23
,,'.
:rt.
mo
ifift
1
21 '.
34
2ft
10'".',
90
23
II
I ft
212
P't.
2S
s0
37
(!.;
39
112
."is
lor.
99 1..
112'S
7
11
I. -.9
91
19
M0
3".
"3
(..;
fi'2',
107
79
'".7',
1 M
.".9
11
111
7?
3S
fi2
71
llfi',
s
1 1
Total sales to-day. 301.210 .share"
BID AND ASKED PRICES.
1
12
7S
ft 7 1
96
3(1
llft.
r.r. ''4
r.ii
iiiji
2(1
11
13
13
fin
in";
I ift
tifi
139
279
103
s
in
Mft
Ml
131',
I9X
fti
103
Mft
3S
('.X
t'.7'
In.".
90
ft I
sr. '
2fi3
2x
7X
112
1 1
4fi
33
139
I I'i
7 v
2n
X
31
19
3'.",
III'-
ixr,
Tx
2
1 30
41
IPl'41
112 '
127
ls
Ml
12
0;
is
03
"7 I
M3
IfiC.'-.'
39
I I1'2
S3
fid,'
130
19 j
73 I
2fi
22
I II',
27
C.2' .
41
I2S
1S
P.11-
10X1-
12x
31',
112
sn
121
2 1-'
301
122
111 '
23 '
1; 1
3ftl-
1IMIV
Mft
I
21',
34
2ft
ICON,
90
23
44
4ft
212
27
77',
1 !).-.'
2S
sil
37
fifi
39
llx
39
M,-.
99
41
1ft9
91
49
100 1
3ft 1
fi3 '
fifi 1
..:'
1071,1
79
07'
IM 1
ft 9 '
11'
114
75 '
10'
'
74
1 14
I I 1
(.
1
2
Ms
'-
'i
4
1
Anae., I to II In I I'lifl,! ,15,
1000 83 ronn, nnu
.n. ft Ml.n I'" 100(1 tllISi
1 MOO, HMi.l.rii 1 iiTtrle...
I AHKM'hai l I.i li t . full piilil
erllrl(-aif ' rrinn, I ori7H
iniio Atis, isnnn, 104
1 1 f , s la fnt'p'l ,(in Minor, a.
inoo Anul innn. ,.iiq7
Am lllilr f- t.r, HneicinrVal '.
' .-noo, .10 1 inoo, I o I
I ai.STifi5er a IllOnt rl 4, ID.J
inoo. . I n4la moo. . .nft
1 anoo, 1 (lily 'ndlana strrl
AlnUI ell 4 ;.(inn, l () )
cnoo... HtiSs' Inierheni 111' r.
Am Tolmren r.- rerlfs A W
snno, I :) .innn 1 (137,
aniW'rllliiff I' llilrrlmi. Mrl
1 laoon, . sfii'jl eoi trust '
Ann rhor 01 (' "oon, , H(I7H
, rnon. 7H ,Hono, hi
, Arn ir i. .Minn, MH7
' 700.1 . n I Ts' .1000. ..HI
I AlrhTAsrt- 1. f.nno, .HII7,
llionn. 0.M4 lnt Paper rv 5.
, loan I innn... mi
, 10000, 1 n:i' moo win j
I ronoo, . 1 n.l I Iowa Central
1 AT He re ;"'"i. 11 :i
1000, 117s, Janane.e u.
lono 11 7 a, .'on iinni
, ' i Ki lixj l no'io
1 '""'.. 1110 ruin. TU, noon
4- 1
1
1
I
1
I'i
'2
1
I'enOACfdf s
icon, . I (I 1 TB
Pee A r. Ine
;noo, 4 71a
P Lnrlllani '"
11000 I a I I
inoo I V I
" l.rlllir.l
.10011, I7.1
trnoo, ti T 1 a
Piihile.ServCerp
ef ,v J ,x
f.oofl. 0 51,
:ooo, , iia.is
lieartln' r r Is
400(1, !I7
1000. , .11 I17
Hen IAS .' 1940
Hooo, IlSIa
tltnOr.ir.tl'W 4.
inoo, . h41m
St 1. A I mn Ml
IMv & Cnl' 4.
sooo. h;iij
si I. "(anl'r fd
;ooo. 7.".
.inoo. ,7 0
sii.omi, s w M
loooo, HO
I. '.on HO
1 I. SW inn 4,
000, mil.
mll4
a II I a
A I A'll'aillo .'(inn 77 ,sm six vi mn a.
it. perl ,Kv (Vntral 4, I f.nno 1 ' I la
loon waii loon. u m 4 si p i ,t M 4i
AtlAliativl,i4'1.arliStee.1,l9 4000, 10314
1""o. .Hill, Mono, 114 'saniA'a I'jwn
AllCnast l.ln 4 11 A s 4 1; inoo. Hlj
SPR'V 0 ft 1 ' 1 f""1 " 1 " Seahl A I. ail
AtC Uno r 4. 4000. ft-ix, moo 7
"on nsi, :noo. .fiylj 1000 7S7
mit ft o cold 4 t(rin',i yi, n,i i . ! ',,
. .',.7 l.i MS 4, ion le.ooo,. 0PI4
IIAOPI.I WVatn .-,000 flMI, South ParlOe 4.
io'ki. .Htiig 1000 uaw 1000 rial,
sail A. omni'js aooo. ova, inoo. , vaai
22 '0' l.lrrett M :lo p.eifie ret 4.
.1000. on, .moo 1 1 ov 1000. nm
I'-'n Meet e s. inno. "0 ,:;000. 9 3
:oo,i, of,7t l.trr.lt fit M So lel'te 4,
toon no 1000, , niiii 1 ;oon. oai4
llelhSlrel M .'.naO. Qn7.0on(l iJ
H4 I noon, , .117 tono, 0 7
Sfiiv i;ooo. .. 7 laooo ois.
l.nil c a,h 4. 140,10, .Italy
) I ' .1000, IIHtj snntiiHvWAOK
ti I 14 llarln; rl tr 4i ;ooo, 01014
til, .100.1 u.'.n, Smith It v St 1.4s
llllli Met Petrol"! f,000. .H
0(10 !f)l Sa lwx. Pm 4.
Minn A SI I I- .1001. 7.x.
MAY APPEAL LAKE ERIE CAH,
T
stockholders Pin 11 t I'nrrj i'llnn
tn t'. S. Supreme Cntirt.
The majority stockholders
All Stoi-ks Advnnpe I'ntil flitcTi
in Pence Plntis Is
Reported.
M.ITTI.K CHAXOE IN PA IMS
Tnidiiur in Stocks at French
f'i'ipitiil nnd in Herliu
Is Innctive.
Wlteellns and Lake l.rle lla
1 tocetlier III the holders of thr b ,4,
of the W.ili.isli-Pltishuri; Teimtna1 ,
Minlle to cm rt y lo Ihe Ftiltcd Sta'e. ,.
preme Colli t Ihe decision of tll -U.1
'Court of Appeals at Cleveland on Th
div, which localized the contiol of a
'hoard of dlrrctnrs by the mlnoiltjr auv,
1 holders. The minority nt the ni. ,
stockholders' meelltic on June 1 a ,,
I contiol of the session when the ma "in.
'failed to vote their proxies and s
iiuciilly misled the majority dlreclo it,
substltiitlriK their own.
A ..t.rAw..,.ltitli'n of the nmlorllv lntrr.,.
heic said yesterday that the Ohio r mit
decision could nut affect the real co t
iof ihe company to any extend us n,
I Inv In the hands of the receiver, whrr n
1 wilt remain until the J2S.ooO.onn Hi ,
Iof the Wnhash-PlttsburK Terinln.it H 1
holders aie satisflcd,
I ono
1 4000
1 It 11 1
J000
I t'OIKI
.110.10
1 nno .
Hln I'nlnni'l I,
1 .inoo 1 11 1
lisn 1 11 1;,, lit ;ono
inoo. Kl.Vi Mini A
t ai c;a, . 1 x r.ooo
jnoii. i) j n, u ,;,
inoo. U4 7, fooo
lIHIOil. '1 .1 I, Un Psetfle U
Canada sn r 1 r.000 7 n
St
04
1
t '.000 7 I J
I 1000 7 H V
ii .rig fiOo'i 7 si 1
T ' Siand Mllllnr.l,
w .1 -14 .inoo ssi.
e,,, ft. 1,
I innn I 1 o
..ixi.i 1 01. 1, NMinni' I.- ;ooo tool,
?O0'1. I (111 I (Oimio, 00 lex A Pae l.t S,
( inrnl (.0 l"( nmo. 110I4 '000 107
.inoo. 1 10 v ('anal I. noon' 107
fin Leather ln',1 iTiit'rt Iiwik
inoo 1141, 4Kxi, inn nooo 107.14
oisvi 111.1, VO itratiu. ThlrrtAveref 4,
I2"0j (i. .innn. hoi, rw
Cent ParlOr ! NYri.Mii,, i ooo I s
2000 Hft), ,0. 7 HI,' iooo' sis,
:oooo 0,1 nvcut4U mil inoo b i rl
i'n Ifrnrnn' Icon, 104141)7,101 a '
c,000. i1"." :n"" 104" TslrdAteaitlSii
CI,, A OMn Te n.is nflw
MOO M II MIOO. 1041' fui,i -s.1.
Che, ()l 1 's Vritv4'astsrl.,0Ofl 7.1.1,
loooo. 100I3 ,-noo. toin.'T.i., .?
C A o c 4'" loon Idol, 4noo 00
'""''.. ns-ij 'no". M)o.' tone note
.si 11 av w ft" . ir.v ii 1'C nj.r-.nin n!
tno'io. 11,1 i-noo n n 1 , , V .V.. '
. s
.11.01
11000 0.1X4 .1000
N v IllH'k
10, 10. w 'I
- 1
-- .1,
- 1
- - 'i
- 1
-'i
SOOO. l 1.1.
registered
iooo. . H.'il,
Cld A litWest
S'SI'I 7 7 I 1
SOOO. 7 7
Oil Mil A facet
Soiind 4,
f ono 11 n 1 4
('".'Ml'cv '..
.00. in.ii,
rnn'o. 1 on 1,
r.inoii 1 nn
mono pm,
oon. 1 n .1 1 7
( ht v w v.,
.1000 s 4
em' 4 71.1.11 well', innn ill
'I.-,;, .n j niv 4. n,: ..ono ri.ii.
,.o, )-,ii!n rafin i.
:.ooo. IMiis
L.tn Pa es 4,
1 (.,, 11,1! I .1 .Ann t
.1000. msi, FennsnnTMe
.".000. in? 'rPnoo 07
W.lOAHrve,. terl,tr,e.l
.-V- :on' 10PI
. . ' ,' " ""Alt V ' s.
f.OOO
men
N V s.v, Mr 4,
;.in.(. 1 1 '
1100(1. 7 H
1 ,inln - q I
.'(ion 7 si
Xnoii 7 w t
M1011 -
loon
w tijiv v rtr, nit a.
-- 1
- 1
- 2
-. ii
- ii
1 1
1
I
2',
Oil I1IAP "' 4. "001 .',71s
' inoo i.niui i(ion 1 .1714
eooo run, 1 iooo 171,
rum mn, :(noi i7ij
1 hi IIIAI'llv e. I .V'Oo .17s
1000, 1 (1(11,4 KiOOI. ,17s,
inoo t niii, liroi .177
Cal rtlAP tff f.non ,',k
.1000. . H71, toil... .17 7,
1000. Wit,, .MIOO ",14
IOII0 S7I fllflO .17 7,
' CC AStl. rm 17000 .1714
roon, . fl 2 1q "onon .17 7
4000, l:l,,VMOO .17:14
, Colo SnttirTnl, .101100 .1 7 s
I enoii fi'il, noon ,171-
I'e A nild rv 4 1 1 70110 A
' .loo.i. u , t . loooo
I'e- ;( 1, ' VeXY.X iA-A rt
1 moo. Hi;7,s. hioi HAS,
rrni. si ri vvi ei rr-' ' s
1000 114 .Villi I17'
Id'". . H.H11 1000. !I7Ij
l)t I'n lt ! ,. Inrrnl, a W
inoon 74 1, 170OO tint,
lllttlller, see Nnrll I'.irlS-
I IOOO 1VII4 l;noo nail.
, IOOO HOI-, nrOi Mi.ll. '. .v. . ...I .-.I i.
I On Pont I'.- .iooo. nH .inoo hti,
inoo. ss lie uaiux a-4. wv.t s'inr-4,
I rl 1,1 cen 4 0OO. '1.11, 4OOO n4
iooo. h7 ,p,rir,ri e,t 1,1 rrl,tered
rle ten . roon. toll, toon 07 Is
r.mon . , .11, PtrTtl AT' X Wt l'nin-1 41,,
400(1. 7fxu, rooo. ii, -oon , n
loooo 7.II4 P, r? ,V,i la1 Tl.l,c ll,
.noil. 7.1 1 j 1000. (,7 ,00,1 (i:iu,
I'llntAP'reMir- "ms . n.i7R 4000 ' '"is7,
ipieti, mn :ono. 117 m. Central 4,
:.vo 11.1 1 4(10.1. .nni,
Tranartlnn, I rom t:4S On rintlni.
Adam, I in n 1 UinAI'rreMlr- sn P,pne ev 4,
;ooo. B7S,
s- tthi.r a.
1 .1000 1 ii n
..nun. fl P 7,
400,. loi
t S , ,t c.
soon, toll,
I'.ono. 1 0 1 '
v a f., Prnwnllr
Cn.tf,
.'.001 .1 1
VaCrollnst' 1st
'001. . ,iiq
.innn. 0 7 7
V,h,,'i 1,t
inoo, . 1 n.11,
toon. in.iSs
iooo. loot,
,h,,h ;rt
loooo.. qrt
Wa- "Tr 1,1 1
4 'erltnrll,,
s, ' r.ooo y 7
' cm Trust etfi
a .1000 a 1
1, W,h,,i e,t 4.
liMin 04
icon tlAl,
i:noo (14
1 n Tr rtr, ti
7onn n I I ,
tono nt',
.,0011 fl 1 1 7
A ,t.r , rt, ,
.1001. , 1 n 1
i-1
1
1
"
lli
14
1
1
1
4- 1
ri.Yi ?i hi niirc.r
. Am Mr.eli sere.s r.O'h.. .)i.s,
.".ono... I (14 V J.nnlirset
Am T A I rl' 4 :oo.l. a n
j won so 1 , li c Pi s A M l
t A T A s r tn 4 jnon. 7 7
I Soon U7W I s A Ms 4. 1311
netn Mrel r rnn.1
1000. II M .innn (1 vt
Cn (ii i'nn To 1 .trrpett . M 7
, .101.0. 1 (17 1, .1000 l'.'O
1 l M Mil A I'mrl X V . rnlral I ,s
seond 4 reclsiered
l.ionii. 11 ai 1 innn. s 41a
Chi IIIAP I1U (. ity, r.l" "
, .Minn it 11 1 4 ;ooo 7 7"
, 1 hi ill A I1 rrf i V V itr, i i, '
7000 H 7 I j ,100O . 7 s.
l( xtii vail h N V 'I el em 4U, I s si,,i .1
1 :;,oo.i. 10313 7000,.. 1171) nn. 1 o 1 s,
l'rl cen i "001 ht.i, i(arollnai Is.
i rooo 7.II7 .North Parlfir l lOO'io. .07?,
.inoo 7.V11 rooo . poi4 !rnn( A.
(eilf AJ4hlpUI i llav con i'nn e.s 1000 w7
:i"'" .. .HOI,, I ono iao WeninsPlcv...
I ' 1000 .11:17,
Total tale, cf bondi Irar lalue, :. 1134 oon
nooo 9 81,
south, rn ov
too,, in eil ,
'4n Hvtv pm 4,
inon 7KI4
re A Par in
innn. 107
lia-is I hint We ref 1,
ne
rpno
I OH II ,1s
rooo. q 1
It -1 Ilv IIAI-.Xs
IOOO. "Ml
1 S ree
rnoon. loll
' s llr.iltv a 1
IOOO HHI3
FOREIGN BONDS.
SHORT TERM SECURITIES.
Nam. PC
Amal Conner ft
Ralto A Ohio. . .414 June,
null n u t. . . .0 j.iiy
rn A o ItH . 414 .luni
f'hl Hi IDa . . .ft
Cnl A Alton... . 1
Cln 11am A Day..i
We Will Buy
Siegel Stores Pfd.
DUDLEY A. TVNG & CO.
:t.. Ilriisil street
rtleagn. 'Phnne nnr.a llrnail. Nru Inrk
101 1
una
nut
IlllV. ton
Mar 15.1ml
Julr. mil
lien OAR 6 April. 1011
Krle 1111 a Aprl' 1.1014
Kll 1111 Oel . 1914
i:rk lilt s April. I1S
l-eder.11 Suiar 1 Vov , 1314
S fl Huhlier . 4l .lull'. 101.1
Hudw.n Cm. . a Fell., loll
llilnola cent . 4', .lulr, mil
lnt A lit Nnr . ,x Ami-,. 1014
lnt Harxeaier. .1 ten IS, tall
. Minn A .st 1. . s 1 en , 101.1
1 Un Kan A T S May, 1813
Un Par lly ...S .tune, 1014
.1 V c Itlt . 4', Mar., 1014
I N V (' Ull . . i't Mav. 1014
' MCl.lnea.'qpla.r. NovUU.JJ
1 SI Cl.lnea,iopt 41, Jar. 101J-J1
si I, ft s I I Juna, 1011
.si I. A S V .(( Npt 1914
; si.'llr.ein It T .4 I'eh , 101
oetiliiihiiuic . Auf, lvus
Prlee lnt Ati.
Maturltr Biol A.ak.4 sl.Tl
April, 1H13 HVO4 1II1'4 4 WO
ISII,
wiS
r
vat
R9t.
100'
IKl'l
ux
I7li
DA',
ua',
VI
;
'i'.
mi
101
07
H4'4
o;n
on' 4
4. .vi
V70
.1.10
a in
,.nn
ClnsInK rrlres of storks In which there nere
Hid
Adam, V.i 141
Alii, 1 rial
4.111, Chal pf 5
Alllxrpf2pd
Am AeChpf
Amnsh pf 18ft
mli Sue pf sa
Amr APpf US',
Am Clile, 4a
Am Clile, pf. 7R
Am Coal "0
Am Coal Pr
AmCoalP pfino
Am Cot o pf a
Am II AI. nf :a
Am l.ln (ill 11
Am l.ln 0 pf :il
Am l.oe pf M0(
Am.SAII pfll J'4
iin -inuu i,w
Aik.d.
IV1
tun
1 let ( arpt ;a
v un, ic ( pr H4
CuhAniSupf
O I. A IV V110
O.MAP I) 4
Oen A, n 1, ;nl.
lien A II (Ipf
a
DO
1J7
Ml
lit
40-, 1 net a Mar, ir.
"1 ; Oel A M pf 100
.i nei 1 mien ia
11(1 IIASU (IK
Afk-4
a,
4S
47.1
I"
1)0
no transactions
Hid A.li.d
yesterday:
Ml,
W,
4 l
4.7.1
iJ,.V
UO'4
Ml
4.01)
a.is
20
.von
5.50
Wm. A. Read & Co.
Investment Bonds
31 Pine Street, New York
Chlcm Philadelphia Boston London
International N eke', Co 11. & Pf H.
American Chicle, Pfd.
Dome Mines Co., I.tc).
Catena Signal Oil, Com,
LINDLLY & CO.
, Uamtra New Yvr'i Mnrk r.irlnnee.
Tl. Hocter. 10U Uroadrtaj. .1'.
THE MONTREAL MARKET.
Iirviil.n Trai tier
1 ..iMiimn ' rnient "
' '.iiniitin enient nf . , . ,
ii' inn, 1 -in. Huhlier
1 aniu.HIi I. iii'tllntlve . .
( row 11 K'm mc ... . .,
Ileuntt I uoe, Ilv . ...
Iiiinillilon steel Cnrp
tiiimlhlnn 'I extll,
I i'huh 1 1 ti'llu.i pf ....
I.aiiiriillo'e.
Mii'lllnil I. Il A P
Nola .Scolll Steel A Coil.,
Iljllvie I liiur Mills
giietien Ilv 1. 1 A I' . ...
Itli-h A not 'av . . .
Miavtoil?,,!, WAT ...
.sherwln Wllliatni . . .
.Stel Conf Canada
Toronto Hallway
V,
oou 100
100 ft VI
ooi :..;n
iwH .vsii
in', ft.jo
u,i. in
Oil f.
oo'- 1 linn I -"i finurr PH0O4
oa4 4 mi
ohi, a 01
ion ,1.110
inn r. 01
ftO'i .1 41)
07- 7.2..
0IC4 4.A1
V0'
4 mi
4.AO
M'4
ino
I00'4
Am Stl rdy
am r ec i
A 111 WW , pf 17
Am Wnnl Co IS
AlllWr P .f 31'j
Ann Arbnr IS
Ann Ai Ii pf Ml
A,e, II Cii.1211
AssnOII
II A O pf MI4
llatopllas 1
llkn Vn (lasiao
llrun, Tr a
llllf UAH 114
llllf HAP pf.12.1
IliUlrb Co , 2s',
Can Nouih a-.'',
(' It II of NJ.HAO
CenASATel, in
14 A.k. (ten i-n .r
ail. Aiked, x. .., ,,u
Kij U .
.V - ( 111 IAI, pf l
101, ti. a n v i.ia-
i n? Si! IMllAWV pf 101
1 ciiistp a (i i.vi
J, 4 ; CCI ASl I. M
J ('cca.su, pf no
I cinSan ( pf.llil
Cnl I- A I 31
'il cnl i-Ai pf
" , Ci.iasii 1 pf a
,; ' (,'nl A.Sn 2 if ai
urn,
14 1
. ja,
. M
. B'l
,mi;
. ai
121
. 1.V,
Its
.1441,
1 oh 14
: J!4
.mil m
04
lift
07
2
ir
S2'i
107
M
too
10.1
.IS
70
7'V
1(1
32
30
HI
121
Il
144
HI,
III)',
140
201,
07
.170
111
M
:n
411
ia'.
31',
an
ISA',
ion
ln
M
0.1
34
IM
72
70
"ulSSAA pf I',
1 in I- row pr
lleere Cn pf frit,
red MAS 1.1
ledMASnf :tn
rM'notivih Illt.
(aVIIelme CIV)
(AVIIeline p to.1
(.en( hrl'n 7ft
(.1 nchco pf 107',
Oen Mntnrs .TO ,
(inlilASIk nr.
Havana xiv
llHinna pf
HiM-ktnir 'a1
linAirrCnp.. .14
Inlllarpf 113),
IniPaperpf 47
IntPiinippf ax
Irur-lland mi
Irik'-lland pf 92
lo'vaCrn In
InvvaCeii pf 21
.IICMrCnpf IK)
.1 Iv'a) eer xs
llvavserlnf Iii4
KCl'lSA M p.72
IvllClSnpf fVOl,
IveeAllesM A
KeAlleMpf 4S
Klllrk Ire of
Clllpf A7
lirOaspf 01
IJK'k.Slrel is
l.kl ilrA W I.'',
l.llClleAU p .14
I.AMI'oCn 212
l.AM loCop.loo
LnoirlHaml I.I
lirlllant Co
l.nrlll.iri nf III
I.seM lies Ipflnl
l.e Iles2if ill
Malum Coal 700
MayDc.Strs ;:,
"0
17
ox
ion
is
4ft
11.'.':
1 as
117
'.'no
III)
'II':
141
30
117
10
IS
27
100
111
III
7N
(12
k
M
im
41)',
14
3(1
211
IIS
IS
roo
11a
104
rc
Ion
7A',
Maj'fleSI pf 1(1.1
Merean Mai 4
MeiPelpf m
MlrhCen
XJInA.SII.pf 41
M St PASS
. M I'f 141
M St PASS
MM, X!
MnbAIIIrpf an
MnrA Cssea la
('iASll. I"ii
nilllsiif . 123',
XaillASpf X7
Nal Lead .Wj
mi i-r.in ir uin
Nn I Ilv of M
1st pr i
! Nal Ilv of M
1 -dnf 271,
1 NYAlrtlrk-
1 MCllASI 1. r.i
1 N V Chi A SI
I. Ipf (Kl
I N V Chi A HI
, 1.2 .f. an
M linrk .
WDocknf 32
NVIaralV I IS
M SiaielOa R7
vin a hi ir 111
Mll.Snulll
SorAW pf
NOhlnTAIi
101
.1
0
Kl
s.1
SO
oa
ino
121
inx's
M'
21
74
tin
1ft
11
I'abslill pf
1 ari nc 1 si
10.1
M
sr.
n
4ft
IM
i.!
Purest Ipf
I'aefalSnf
ParTAT
PaeTAl pr
PenAI-lasl
IVIIIA M
IVtllAMpf. m
PC C A St 1.1(10
l'( CASI.if1ln
P limine 210
Phllai'o im
Pill KM A c ir.:.
I'ltlsStlpf lei
Pills V A A IAI
Puh Ser Cnrll?',
Unlrk pf 41,
Ky sil Hp pf nil,
II II See Ml
Head 2d pf 02
Hep till pf M
2ft
4714
01
114
nn
ino
inn
7'
mil,
17
2(1
(Kl
104
1:11
too
11(11)
7',
ion
so
m
HS
, Til.! Aekerl
Pens A Sar sv,
II V A (I (?. '
llllh Or I'f lol
Ruioely Cn IJ
Hun elv C pf no
SII.ASP 17',
SI. ASP I pf ft;
susfr
1 I pf i f ton
s 1. a s p c
I' In 4i,
SI I. A SoV .l.'i;
S I. A SU pf 72
Seati A 1. ihi,
Srar.-lln pf
Sli.ss.Slief .. 42
Sloss-Shefpf M
Snl'ltSu ;n
So P II Su pf
So II) MAO -a
Stinlel.aker US
Stinle if 02
SS KresgepMlHii,
Tex I'ap I. T in
lid Pen A W IIP.
Tnlltya 3 '
Tol S l.AM II
TS I. A Wpf 27
TCIty HTpflSXI,
i n cle kl tifimii,
I'n Or) li prim
I'SCIPIpe 1.1
t SCI . nr .w.
l Slnd Ale 411
1 .1 nd A pr in
I' S Ileal A I 74',
I'S lied A It I
r.s 11 a iipf 3
Va Iron CAC M
V II A P
ValtAPpf mi.
1 nlcan 241,
Vulcan pr. a; m
Mahash. 4 41,
Wahashpf 131, 131J
W Car KP "117 122
e,i , pf na 1101,
M'ey llriitCn2.vi ;inn
MA I.K Ipf 2d 23
WlxCenlra! M ta
Wesl II A II 27 jii
!! dividend.
T.i tletit,.
no
01
ion',
141,
AO
0
4P3
aa
a
111
I24'4
4.1
100
74',
110
St
.IS
Ol'j
102
lie,',
.3'
14.1
I0.1
101
III
02
44
111.1
JS
4
l
.11
W
NUW YORK IT.1CE3
Oerman Consols I'i
r.erman Cnnsnl, 3,
I'ruttlan (.overnment 4s
Pavanan Onvernm-nt 4a
Sainny (invernment 3,
Ilamhuri Government 3a
City of Herlln is
City nf Cnloena 4a
Cln or Munich 4a
City of t'rankfnrt-on-Maln 3v?i .
City f Vlfnn.4 4s ...
Trench Iteulea 3,
Kuiilan C.nverninent 4
UritHh Cnnsnl, : . . ...
liailca'i Guveinment cold (
Bid Allied
... e'H mi.
00
0l4
T7i,
77
OS.,
00
07
so'f
X3
Ml,
SO
74',
0;
77'.
ll
oma
;,
1.0H
inn
na',
!!,
rr.',
10
Mil,
;s
100
4'lnalnoi rrlecs nf I'nltrd
Bnnrla.
ae
J.ree..
: roup
3a ret-.
3a roup
4i rtc..
41 coup
Hid Aaked ' riid
.10 1 I O lIPan2r. I (i(it
.101 10 1 ',Pan2s34 1 OOt,
.IOU'4 I 0:1 rati .1. r.l 011
.10y Mil j Pan3 r. 101
.1 I.'IH 1 14 DCS3.4S,
.1 13.4 1 14)
A,kd
4 0 1
1 nal.
4 uo4
Sprciol :Mf ttupatchtt lo Tr Srs
1 o.Minv, .Inn. 3. The stock markets
1 opened buoyant this momlnrf nnd for n
blief peilod there Tins n rontlnuatmn or
yesterday's upwnrd movement in prices
nil nlotiK the line Sentiment was especlnlly
cheetfjil on .imsricnns nnd further sub
stntitiiil sains were insrte hy Cnnndlau
Pacific. Steel nnd Amnlcnmnled II tit soon
nflel the opening there wns a more or less
Cfiiemi setback caused hy nimors of a
lilli'b In the pnco neRotlntlons The mar
ket then heramo dull nnd heavy, hut dis
played, nevertheless, o fairly Rood under
tone (' P n. reacted 1. Topper , Fnlon
Pacific nnd Steel .
I here wns a notably steady tone 10 the
market for silt edi-ed securities nnd large
P'llchnses were) ruadn for Investment nc
count Consols ensed ofT 3-18, but Indian
and ( hlnese loans hardened
1 upper metal declined Ts. ad and the cop
per shares sold off In sympathy On tho
other hand, Mnreonls note In brisk demand,
and Hi illsh-Anierlean Tobacco and shipping
shaies were well bought
I'xrtls. .Inn 3 The lioure displayed
a slendy tone, hut trndliiR proceeded in
desultory fashion nnd prices vvere little
1 hdimod In either direction ftom ves.
lerd.iy' leiel A fen of the Ituaslan in
iliislrinls were in bettet demand The
considerable advance In I hino Copper
in lour market yoMenl.iv mused proflt
t.iKInc snles and hino wns weak in com
parison with the other copper hie"
III RUN, .Ian 3 The stock market was
marine c p I! was stronc on eoveilne
by shorts llusiness Is restricted by the
monetary situation, which Is still verv
st 1. lined, nnd the hit; hanks do not encouraite
(peculation on this nccount One of the
l.nirest batiks in the city In a clrculir irii en
out yesterday ndvirs' Its customers to
proceed w ith caution
MONEY IN NEW YORK.
a Here Uerllne Farther
lent nlie In Merlin.
- lo.
PUBLIC UTILITIES SECURITIES.
The Wall Street edition of The EvenwiiSun contains all the financial news and
tho otock and bond quotations to tho rlooe of the market. Adv.
Amerle.n Mint ft Traction .,
American I. lent A Traction pf ,
Adirondack Hieetrle I'nser
Adlinnilaik electric I'nirer pf ....
American liaa A Plertrlc . . . ,
American (.as A Ctertrlr pf . ..
American I'nwer A l.leht . ..
American Power A l.letit pf ....
Amerlran Puliltr I lllllle,
American I'uhllc I unties pf ...
Appalachian Puvvec Cninp.iuv
Appalnchtin i'uvvei Ci.tup.iny pf.,
Clllea .service . .
Clile, service pr
Cnmmniiwealth P It ft 1. ,
Cnmmnnvteallh P II at I. pf
Iienver (ia, A IMrrtrlr Oen. fti....
Hieetrle Hond llennxll .f
Kleetrle linnet .mil Miate pf
l.mplre District illeeirm fta
Umpire Ul.trUt IMecirle&i pf
lederal l.lcnt A 'Ir.irunn
federal l.letit A Tracnnu pf
Federal I lllltlea Incurp
Federal 1 lllltlea Incorp. pf
Oai A Klertrlc See,
liau A Kleetrie Sees pf
Lincoln Oa, A Kleetrie, ,
Nnrlhern Males Power
Northern M.ites Poser pf
Orark i'ner A IVnler On
Pacinc Oai A lllrctrle
Pacific liaa A Klectrlo nf
Kepuhiic ilv A i.iirnt Co
Ilenuhlie lly A Light Co. pf
.Slandard (iai A Fleetrle
standard Oa A Cieetrle pf
Tennessee lly l.t A Pnvv Co
IVnnis-ee lly .t A 1'ow Co pf. .
I idled I illitles Co
I illicit I limit, Cn pf
United l.lim A Itallwava
Dnltest i.liht A Hallways 1st pr
Untied blent A KallHais 2d rl . .
Utlllllra Imprnvrmenl
llilllllet Improvement pf
Western Power ...
Western I'uwer rf , ,
Ei vllTldead.l
Bid Aakad.
400 410
ins tin
. 10 21
fill (3
HI Hi
1.1 47
. a. ro
. i is
A4 7
.. 77 Ml
-' I'S
7.1 ;a',
. II" tl.l
"S'j SI',
.. as r.x '
. ll ut
. 01 Ki
.. 7.1 71
oil', mi
f. ai su
- S3
.. 31 3.1
.. S 3 X -,
. 47
"110 ifn
.. 0.' lift
..SO 31
.. ro,
.. SI sj
..41) SI
.. "2 f3
..00 OJ
.. 3'. 27
. "s en 1
20 !
. . :.i :.i
. 22, 21
7f. 771,
. :i7 411 '
.ll 111."-,
.. 77 ;n
.. X'l kl
. 7i ;n
53 '
. 7f 17
.. 31 2.114
.. 51 54
'I he borrowing demand In the Wall Street
money market yeaterday continued ex
tremely liehl and there were evidences
of 11 considerable accumulation of funds
ni this centre ns a result of the return How
of currency from the Interior As a result
1 here was 11 further material easlnit of
rates. Call money renewed on the Stock
l.ichnnee ai 4'5 per cent . as compared
with 12 per cent a week nno Tune money
too was characterized by Increasing ene,
loans beine made for nil dales at ft per
cent . ns compared with a rate 11 full I per
cent higher prevailing Inst week for the
sliorl period
Hut the real feature of Ihe local monetary
situation was a renewed advance in ster
IIiik exchange Ihe foreign exchange
market was exceedingly strong and active
on .1 heavy limuirj for remittance. Sight
hills vvere up 30 points further to 4X0 to
1 XBiift, making a rise of nearly cent dur
ing Ihe week thus fur. 4. strengthening
of the sterling eichnnge market Is a natural
oulcome nf the easing of money rates here,
but so i Intent has been the advance in the
present case (tint there is a disposition let
1 mines'! some special circumstance It
was suggested, for instance, that bankers
lure were making a partial payment on Ihe
1 list r i.iii loan recently placed on this side
I he reported movements of currency
dining ihe week indicated a gain In 1 ash
l.v ihe banks of nbni.t fl.'., 000,000, ns com
pared w.th 11 cmn of I4.ihi.ishi Inst week
Ibis gain was almost entirely due to the
return How of currency from the Interior,
which 11-11. illy sets in at this time 1 here
was n Hinall loss on Sub-Tiensiirv opera
tions .lust how far this will be reflected
111 lo-iUv's bank statement Is of emus,,
uncertain, since the first of the month pay
ments bine of iouse been iespoiisbe foi
I.ir4. w ithdraw als over the counters of (he
hanks, which lake several davs to rot urn I
Money on call on the floor of the Slo.-k
l.ichanze ranged between 3 and r. per i enl
nnd 1 li.sed at 3 per cent I lie renewal
rate whs 4 per cent I urther copces.
stuns were made In time rates, hut the do.
intiiid was torv slim and Utile business
1. 'siilled Loans were made nt .1 per cent
lor all dates from sixty days to six months,
lour to it months money wns ipioied
.0 4', to " per cent t omnierrtal paper
was b lntle moie active. Ihe rnlo was
1; per cent for all name
Sterling exchange was very Arm through
out the dav Pates rose 30 points fiuther,
lo 4 M The cloe was nt 4 Sldft to 4 MRS
for sixty da 5 s, 4 f In 4 xo:, for demand nnd
4 XH4.-, to 4 '.o for cables
Domestic exchniige on Vew ork llos
ton Par Chicago .i.'.c premium chnrles.
ton lluying, par. selling, l-ine premium.
1 11ifi1m.it I I'ar St Paul Toe premium.
New Orleans Commercial, 2.1c discount,
banks. St premium Minneapolis -fl.",c.
premium Montreal 8:',c premium St
Louis 3.'.c premium s.in Francisco - :ic.
ptemliini
Monev In London, : .'nS'j per cent . short
bills. 4 t)-l per cent . three months, 4 B-iSn
1 per cent Closing prices for consols
;.'. for money and 7.1 for the account.
Pari" cables ipioted the closing price of
lentes at so francs :(2' centimes
change on London, 25 francs 10 centimes
Private late of discount in Paris, 4 per
cent Herlln exchange, on Loudon, 20
marks 4- pfgs Private rate of discount
4', per rent Ihe weeMy statement of the
Imporlil Hank of (Sermnny shows the follow
ing changes, f nh on hand decreased
'.' 1.(1.12 ,("im . loans Increased "O.IOi.OOOm
discounts Increased ao3,.'..'.4,onom , treasury
bills increased R.i,n2.nnnm notes in circula
tion increased 4;,oi,nonm , deposits In
creased -..'7,o,nnntn , gold on hand increased
77fl,lx,oonm.
New ork Clearing House statement
Kirhnnges, j3,S72,6: balances, .1.1,0I2,70,
Sub-Treasury debit balance, 91 .BlS.oein
( ommerclal mice of bar silver In New
ork, fl:!1,!'. London, 2ft .Vlfld Mexican
stiver dollars were uuoted at 4X',c
DIVIDEND DECLARATIONS.
Company hiuI Term. Stnck,
fulled .states Ituhher.
iiiirlrlv pfd ;
fulled suite, Huhlier,
un.iiterl) . 2 pfd 1
fulled Slate, Huldier.
ipi.irterlv cum 1
Mntrl, I'.iual sml llnnk-
ItlR .eml-uiinusl pfd .1
Mm rl. ('Mini nnd ll.ink-
li.R. seuit-niintiul . . . cnni 2
Philadelphia nml Orny's
Ferry I'.is.ence r
.eutbiiiinunl r
Yoik lliillvvnv, .eiii.
annual . ... pf, 51-
Pacini Const Company,
ipwrlerly . 1 pf, j 1
Parltli l'n.i.t Cntiipiiiiy,
nu.irterly pf,j 1 1,
Pai lllr Cnaat Ciilllp.lll)',
nuarlerlv ,-nm 1
Tills Insurance, ipinr
'" 1
Payable,
.Inn, 31
Ian. 31
Inn, 11
fell. 4
Feb. 1
.Ian. 7
Jan. 20
Feb, I
Feb, I
Feb. 1
Jnn. 13
SMALL COPPER SALES EFFECTED.
Unnklnar llile nt 17.1-1 rents, Yel
OrTrrlnRS nl ITT.-s Fall In Se.
rnre Hnyrr Trndp 1'iiiilcd.
esterdny's ( opper market wlncs"'
sales of electrolytic copper nt 17 cents a
pound, thirty davs, and offering" of 1 ie
trolyllc nt 17 cents II was dlfflciiP 1 1
attempt to gauge the market from what
was heard In Ihe trade, so varied were the
reports
Notwithstanding the big reported sil
early in the week nt l"'. cents there have
I been cheap offerings as well leatorda-
some of the melal offered at entires ii,i ,
oiiiin no i.u.v crs
Ihe (.overnment. through the deologen
Survey, has made an earlv esi riinle of o
l'.il2 copper production of the ioun.
which became available icsterdHi 1
Indicated a tecord yield of the metal f"
the coimtry as well as smasliing of lei. nt
by six States in the matter of prodm'ioi,
Ihe output of bllsler and lake tor Urn ',ir
was placed at 1 ,211 .ooo.oiki, against t ni;
iKio.fHHi In 11411 111 niernge pipe ,,r .t
cents was estimated, giving the total 10 ,
a gross 1 nine of 12m.nnn.ne1n ufaiii.t 51 ;ni
(no n inn iri.on.i coiitiiiued lo b n,
first plme among the copper proddi'irur
States, with better than (I'.ii (""I.Mhi i .
ctedlt Montana was second with ati e.i
mated yield of :iki.Oiki.ii pounds nml
.Michigan third with about 2s,ikvi.(si
111- average price of electrolMIc for th
jear. according to tin" I'nanirrrviu n "
.Ifitiinn ilnurnnl was in ,11 icnts. and H1.1'
for lake 10.10 'this was Ihe best a.er.iie
since Itm;, when both tanged n'j'i e
cents
I'.xports of copper for the week ended
.Innuary ; totalled J,.",l tons
In Interesting view of the situation
was presented jestorda v by Charles lla v den
who, as chairman of the hoarel of the I tnh
Copper Company. Nevada Consohd.i'ed
I opper Company, Hay t onsohdxled 1 nppi
Company and Chlno Coptier 1 iimpaio.
Is In close touch w ith the metal situation ll
said
"During the Inst few weeks thte has
been almost a cessation of buying of coppsr
metal liv Ihe large consumers Ibis has
been leferred lo, in somn Instance. 11s
being In the nnlute of a deadlock betvves:,
the consumer and the producer I Inn.
at the situation difTerontlv
" I'hurn seems to be but two vital u".
lions to consider 111 discussing th" copper
mom! nt the piesent lime
I Has the piesent puce nf I7 cents
caused an inciense in production from
properties that would not be producing
were eopper materials lower, v 12 or
II cents' 'Ihe answer to this Is unrpmh
fedlv 'So '
"2 Has there been a material dimin i
tion In consumption, due to the present
price of the mepil people either waiting
from making the purchases that I hoy inn
mally would or using substitutes' Ihe
answer to the epifstlon is also un'iu.illlledl"
No '
"Admitting these two premises, how can
there be any other conclusion but that the
metal Is entitled to sell at Ibis price?
"The lnrge American (ons'imers made 1
careful study and Inveatiuntiun of the mei.il
situation and hanng nti-llcil tlirln.,.. ,.(
that the stocks of copper vert depleted ns
held by the actual consumers. 10 .1 ininltnuis
point, both here nnd abroad, and h.ivuu
satisfied themselves that, except for in.,
cessation, due to the llnlkaii Mttiaiimi
no other condition had arisen !.,
would have anything but a tcmpni.w
effect on the present 1 n tin of cnntiiiip' on
10 production, they decided to innn n'o
the mnrkct at this time, befote wailing foi
Kuropenn purchnsers, ,i has been -u in.
nuentlv done in the past, nnd pniclin.e thni
February and Mnrcli teipiiromctits ;,
current prices
I his led lo verv heavy snles ihe 0,,t 01
this week, aggregating from r.n.oiin non ...
4II.OISI.OO0 pounds I believe II. H (be..
purchases will result 111 huge I .ir...o ,
ptirchnsea nt nn earlv dale, but whether tun
do or not, unless some new ilistmbing ion
dlllon for general lndilsirv arises nmn.
no gainsaying thai the copper mei.c ui.u ke
n sound at the piesent level of irn r
DAILY TREASURY STATEMENT.
WsiiiNorn. .Ian 3 The .tjtrnrni . f -receipts
and expenditures of the 'irensiir. shnv a
Yeaterdav Thl. mnn'h luralve,
Receipt, H.eT.x.iM i i;. jji. S3',r, i.m;
Kipendltiires (141 v.t njt 717 .r,7.rin ,
Surplus ;,13 .13 SMSiSa Orf.xm- 1
The receipts fuuii ci,tn'nis e.lerin - r .
II. 12.1. 77. flum Internal revenue ontnini . 111
110. corporation tat. 11.101, anil ml,eetinnei.
110.1. 423 National bank notes rrrilvrd (,r n
demptlnn. I4,0iri.;.:i
The cash statement of the fnlted "tales 1 ten .
titer for Januarv r shn't ,
fiFsnrn r Ff Nn.
Cold coin and bullion mviitoi.c
Tllf.'rr Ff Ml. '
To redeem oil. landing renineate, Jl.i:xoi "-.
OPNFIIAL Ff M)
Gold coin.
Cold cerlltlrate.
Stiver dollar
Silver rerllltcate, . .
frilled Mates notes ..
National ban! notes
Certified rhock, on banks
.'!.3i: v.'.
i::4i 1 '
in 1
13 IM Li
It" I.
. 3-v '
1 ii;.1 '
Total .
Deduct current liabilities....
Working balance In Treasury .
In national banks
Silver bullion, subsidiary .liver and
minor coin
Awaiting reimbursement
Cash balance
i?:.sxi .
T.I X'K ,
PJ.ftAe 3
31 : .1
J.K.RIce,Jr.&Co. Will Buy
a Home. Si ri liner Mock
HI linaranO lru,t stork
100 l.iilrtsrhmldt Oellnnlng Com. Stork
a. Swan A Finch Stork
?!! ,.,;'!, "dlni A I.Ubt Coin, sinik
Kl "eliiilim sale. r.
J.K.Ricc,Jr.&Co.
Phone 7iao to Ills Hnnoicr :i.l VnV s-
WINDSOR TRUST CO.
tS ' I'll ll .STHPI' I
li'-''' AJI Nl I! and 4711. Ninr. 1
i-cct 1111: 1 ohm 1 1 11 1
. t ''',AI.M -Vll-l.lAlia. Ptesldein
Stephen N Hond Hubert II Mn urdi
2Tex A Htiiilrn ,losn K Slnre
Augu,t Herkvhrr Arthur lu.nbull
(eirnellu, nr.dribllt
United States
mortmrmarm M, Tmaio Tn i
jrw i,i.
1 AP ITAI. astN4l4.Mair,. M.eoo.nnn
Ptfiaml and Business AccnunU Invi.'ed
DAILY FINANCIAL CALENDAR.
Oil IDIINOS I'.MAHI.i:.
Cnmpany and Term Stork, Ami
Untied Shoe Machinery, quarterly com "
Unpad Shoi Machlntry, quartsrly pfd
HARRIMAN NATIONAL BANK
Fifth Avenue & Forty-fourth St.
New York
SAFE DEPOSIT VAULTS