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COTTON UP DESPITE
GOOD TEXAS RAINS
Proiijurli t In thf Nonthwest Is
PllOHT OF IMPORTERS
Cot ton showed st yoeterday,
BOO somewhat of a puggle to the
at.rsge tfftlof, PHoof worgod up to
net llnM f 10 point! or to, with
the market mea.lv at tha close Tha
Improvement waa lewhat surprising
I,, view of the heavy ralna raported all
over Tras which completaly brnke tha
drought over tha entire Southwest Pre
cipitation ran aa high aa sia lnchna In
torn parts of 'central and northern
True, where rain waa moat urgently
The Otn ngth might hava been attrlb
gtrd to a variety of causes. The rank
and 1!'' of 'he trail hive been In
clined W put an unfavorable cor.struc
tton M tire Texan atorm. It la recalled
that at the time of tha Galveston hurri
cane Rftaan yeare 04-0 prlcaa udvnncad
isry sharply owing to the fear of atorm
damage Later on it waa learned that tha
nlna accompanying tha disturbance had
dona much more good than harm.
Washington advlrsa yesterday also
gtgtrd that I'reitdent Wllaon waa taking
a keen Interest In tha financing of the
raw cotton crop and that everything
would be dune by the Federal Keaerve
lirmnl thai waa poaalbVa for tha aid
of the Southern cotton grower. More
over, a rumor Mill persists that (treat
THE SUN, THURSDAY, AUGUST 19, 1915.
TUT GRAIN MARKET.
Mr Miii and h r alliea will be
buy sum cotton ani hold It
market In compensation for a
It In definitely known now that tha
Offer declaring cotton contraband will
be Isautd to-Uay at .tha lateat. Thla
will draw tha blockade atlll tighter
arouiiii liermatiy end Austria. If any
compensatory buying la done It prob
abli will la rut through ut a fixed
price and will merely give aaaurancaa
Igginat a ilraatlc decline without fur-
,.l..i, inn impetua for an advance.
Coiiseiiuontly 4 looka aa If the bearish
rffsci of a contraband declaration would
be lugl about offaet by tha compensa
tor) buying of the Allies.
The moat aarioua feature In the ptea
tnt etui..- y the wcaknesa In foreign
ggfeeng. which adda about 20 par
rent, to the coat of Importations by
Frame. Italy and Russia and fully 6
per ct nt. to purehaaca by English Im
porters Freight rat.a also have gone
op and It la probable that Insurance
ratea will he higher on account of tha
euaceptlhlllty of cotton to aelaure under
me weekly weather report yeater
any announced improved crop prospects
In the central and eastern brlt, but waa
Incomplete ao far aa the weatern belt
waa concerned Inaamuch aa It did not
tine into consideration recent rains In
Ttxaa, Oklahoma and .n kansas
Put urea cloaed steady.
Open High -Low- Clog- Prev.
log eat eat. lng close
Anion a os a ...
Octoher.. sir 8 44 u 1 4ian 8 41 42fl ago
Deirmher 6 .7 t.Tt If a as tA. i 69
January.. .T est i.pj a Mm 6 si ...
Manh as io.m .: to oti io os omit sm
Key lo t io rr io it io 2si4.28 now u
Sput cotton at New York waa quiet,
10 points advance ; middling, 9.35c.
fcuthern apot markata were unchanged
to 7 higher, with New Orleuna 8c al
testoii. missing: Savannah, $'"c. ; Hous
ton, mi- .; Augusta, 8.3tc, and Mem
The New Orleana market cloaed very
steady. Trices were :
Open- High- Low- Cloe Pres.
lng. eat est lng. close.
Ortoher 9 10 S3 It 4. .28-:.t Siseif. 10
na.nibra K 8f, 8 j--, 8 5.V313 tVHM
Jgnujy il.lt Mi .iS y M grf t 111
The Liverpool market opened ateady.
Trmre was a good business in spot oot
id.. Will) .middling, l puint decline at
5,tr,d. Suaea, lu.uou bales; receipts, 14,
000 bales. Including 13,500 American.
Prices at Liverpool closed quiet but
Open- High- I-ow- Cloe- Free.
nig sat est. lng cloae
i 1 47 B.4I t int. S BE
4 6.61 6 7414 5.',
IB 80s i. ,.4i, 6.46V,
bids to l.lvernnnl w.w .
looer, h lit) January, .7o. : Murvh.
.9Jc. The market there Is due to open
lOHtay to 3 iwUits Hdvance.
RcuelptB and stocks were:
... cetnts. year
wOrisans l.tn eg
WeanJkV, t,4a H
Hiarliiton .,, 41
inurlor stneka and reoelpta were
Katun sled port
reiwipu to day.
w'fc""t Irresriilnr tllxril x, ,ih.,
t'ondlllone 4'orai Flraaj,
The Heptemher deliveries In the varl- i
Jits wheat markets managed to tiold '
fractional advanoee yesterday. I'nfav
orable weatlwr nondltlona for the eecnr- 1
lng and trnnaporting of the new winter
wheat JuMlflfd the upturna in tlice
noeltlotui The more distant months ,
were re;eiMedly sold, however, and It I
wee rvident that many In the trade re- I
garded the eupply and demand situation ;
aa fundamentally hearlah because of the 1
prodigious wheat yields f North
An offlrlat eetiniate given out yester
day placud the exportable surp'lua In!
tann.ln at 170,000,000 bushels, against 1
i, 000.000 lat season. Vtiuda's 1912
record exiert year resulted in shipments
or 132.oiio.0O0 bushels. Harvesting con- ,
dltlons In the American Northweat re
mtnt egoellsnl and orop ewtlmau-a are
sa hlght a 150.000.000 bushels, this ex
treme (lgure representing the 1'rirt fur- J
r'' guesa. oontlngent urnin exception
ally propitious harvesting onndltlone.
Northavftcrn markets showed loe.-es
Of to lc. a bliahel vlfntu SmIm
w-lieat growers were credited with hedg
ing part of their production and thia I
pressure extended to the Chicago De
cember delivery. TTio roseate spring
wheat advlurn are doubtless a daintier
on bullish enthusiasm.
Nevertheless active selllnj operations
are ssemlngly being withheld until the
wtwther clesrs. Kaneiut, MIssouH and
Indiana tied heavy rains yeeterday.
while other winter wheat States had
light to moderate answers, and the
forecawt did not suggest nn abatement
of the rainfall. The opinion l spread
ing that tho total winter wheat crop
will not areatlv i ana nnn mm
bushels, against 882,00(1.000 'buefr.els
grown las season.
Kxportera were credited with absorb
ing about a million bushels of wheat
(principally Maultobus), during the ses
sion. A firmer foreign exchange mar
ket facilitated International business
but the retarded winter wheat move
ment Is still militating against free
foreign accumulatlona here. The In
terior receipts sinos Julv I, amount to
only 38.0000.(101) bushels against 75 -000.000
bushels last season.
f'OHN. The northern part of tho
belt sent gloomy crop reports again.
Minnesota, Nebraska and Iowa com
plained of exoeaslve rains and cool wea
ther. There waa a persistent demand
from shorts, particularly in tha near
fmaltlona. There waa scattered ssll
ng on the bulge due to the sales of
100.0000 bushels of Argentine roni at
New York and expectations of further
business of this kind
OATS. The heavy rains in various
parts of the belt scared the shorts.
Cash markets were higher aa a result
of the weather. A further delay In
the movement Is inevitable and the re
ports of crop losses are consistent
with the weather news. A big crop
la available, however.
I'lti (VISIONS. Packers ajid shorts
bought early. A larger cash trade was
claimed. The speculative support re
Chicago prices :
$150,000,000 CREDIT FRANCE PREPARING
SOUGHT BY BRITISH
England Expected spmi s
iDldl and American
FOR NEW LOAN HERE
KXCHAKOI TS STRONOER
ll A. M
tfe-leaiu . . mo -set
Exports yesterdsuY, Ut
'us far this aeaaon.
gainst 4 Obu bales last year.
. . tf f.2
.. 13. 06
.. 7 80
"all Street ExpeetN More
Ainerlenn Ronds Will Re
Sent Over Soon.
The forelarn exchange market was er
ratic yesterday, but the general trend
if sterli t and francs was upward, the
ndvnnc- l. largely Infhienced by re
ports ihat negotiations looking toward
Hie placing of a big British loan or
credit In this market wero apprisichlng
B conclusion As n result demand ster
ling closed nt 4.66t4, with cables at
t 8V This compares with 4.644 for
the foimer snd 4.85 for the titter on
Nunn rous conferences were held yes
terdsy at the offices of J. P. Morgsn
Co which were atter.ded by boi
Mr. Moigugn and Henry P. Davison, to
gether with promlnesM bankers from
other strong rnaiwlal Institutions.
It is n w generally believed that the
credit Mill u. of a collateral nature,
thru it will be txtUblMlgsJ through the
sale of from 8100.000.000 to lilt).
00O.000 Hrltish bor.la of from one to
nve rwart duration, together with a
large amount of American securities
iormrr! hell in (l.-eat Britain which
will be plaosd litre aa ivUatcral for
,n It Is not unlikely that Oreat
llrltaln will iso send a large amount
of g-jid here fi.un South Africa a , I
Austral.. i to bolster up hor credit fur
ther. It was poilttgd out thuf !t would be
rather dlfflCIlM for this country to take
so great I Into as 1500,000,000, but
that Ill0.00t.no In Mrttlsh U..:ds bear
It 5 per agent. Inten-at might readily
be absorbed here provided that they
were nai.le ex.-mpt from ail present and
future Hrltish im-oiue taxes.
i one nme uurir.g tne day it was ; Uteel Company and the Maryland
stated that lireat Britain would ruah i Steel Company Russia has been a
to this country from Australia, South heavy buyer of railroad equlptineut In
Africa and Alaska nearly $4OU,0O0.uOU thla country and the trade was expect-
goiu ami priK-eeii to liorr.w anaint i lng adititional orders.
The demand for steel for conversion
The banking arrangement whsrehy
over tf, 000,000 face value of Pennsyl
vania Company bonds now undsrlylng
part of the Morgan-Rothschild loan, are
to ba withdrawn from the loan and pur
chased from the French presages, In the
opinion of prominent bankers, similar
purchaaes to ba made.
Though It eould not be learned offi
cially whether negotiations are now go
ing on with the French Government and
Its bankers for tha arrangement of an
other loan barked by Amerl, an securi
ties as collateral. It was believed yester
day In Wall Htreet that aa soon as the
French tiovernmant financial authurltlea
can gather together another large block
of American bonds, such a loan will
Immediately be arranged.
American hankers have made It plain
to the officials of the allied govern
ments that wherever standard Amerlcsn
securities are available for collateral
pledges, loans on them by this market
will be Immediately forthcoming. The
actual purchase of the bonds la the next
step. It Is believed that wherever loans
are made on American securities the
final outcome of the transactions will
be the purchase of the underlying bonds,
ir conditions can be mutually agreed
The news of the Pennsylvania Com
pany bon purchase arrangement waa
highly gioii'ving to the financial com
munity yesterday carrying with It re
newed assurance of the power of the
American financial markets.
THE STEEL MARKET.
Stockholders Meet to Voice Op
position to Levy on the
Hwaala I-1 see Orgrrs for I MsteM
Tons r flails Here.
The Russian Government has placed
an order hers for about 111,000 tons
of steel rslls. The United States
Steel Corporation's share of the busi
ness was 6",. 000 tons and the balance
was divided between the
A meeting of the minority stock
holders of the International Mercantile
Marine Company who are organising a
campaign against the proposed assess
ment of $2.r,0 per share on the common
and preferred stock of the company was
held yesterday at 120 Broadway
Block to the amount of about 8O.O00
shares was represented at the meeting,
of which 11,000 shures were represented
In person and the remainder by telephone
messages or letters. All of the stock
holders present voiced a atrong protest
against the proposed reorgsnlsatlon
plans propossd by the bondholders of
Henry 8. De Forest, n former mem
ber of Congress gnd a holder of several
thousand shares of International Mer
cantile Marine stock, took anactiva part
at the meeting In opposing the proposed
rsorganisat ion plana of the company.
Mr. Ie Forest said :
"There was no reason for throwing
the company Into the hands of a re
' reiver at the time this action waa taken.
I The earnings for the fiscal year 1814
covered all fixed charges and left a
balance. In the first six months of
1116 net earnings of over $11, nun.
were reported, nfter !. 750. 000 had been
set aside for depreciation. A company
which is earning at lha rats of I0.
000,000 a year on fSl.uoo.ooO preferred
atock should not be in ths hands of a
receiver at all.
"The proposal of the bondholders to
assess stockholders 11.11 per share is
THE COFFEE MARKET.
Futures Market Holds ItMtlf
Males of IMI.noo Nags.
The coffee futures maiket
teady yesterday, with prices t
olos-e utwh.mged to 1 point hlghct Ml
transact lone of 86,500 bags. The grouter
pert of thia total represented Heptein.
ber OWltxfhgg to March, which Involved
bout 72,000 lags. The letter month was
st a iiremlmn 23 points over the former.
The range of prices was very narrow
throughout the session.
"fTois in cost nnd freights ware re
ported unchanged, and spot prices In
the looal markst weia the same Ths
eerly oablee were rather mixed, ex
change being firm, while the Mantua spot
market was weak.
Brazilian markets were irregular O'l
Tuesday Rio 7s wars gtv-hunared at
4(800. while Santos 4s decllnad M0 reia
to C$600. The rate of Rio exchange on
Ixndon was advanced to 12 IT'IM,
Prliiea were :
Auguat . ..
Oept, mher .
Ueusnilisr. . .
Low- Cloa Prev.
ett. lot close.
g .gr. $.-
g gt a 40 a
8 44 4S
4 47 4 44
I 48 '.0 41
JI It 84
8 48 n 68 I tl
7 $ 17
8 71 4 71 "11
4 74 I Til
The Farmers' Loan and Trust Company
Nos. 16, 18, 20 ft 22 William Street
Branch Office, 475 Fifth Avenue
LONDON, 15 0ock$pnr Bt., & W,, 26 Old Brogd Street, E, a
PABIS, 41 Benimrd Hansmnn BERLIN, 58 Uoter den Linden, N. W. 7
Tra?$)leri' Letter of Credit. Foreign Exchange.
. I'i'ni.ii'ATioN nr tme bowkkv
HAXK (IK S8(W YORK. f NaT Y o7a
M. y , of tha unclaimed depoalta In i
unre with the rrovteinna of tha New York
glstl Banking Law, Chapter 848, gent lone
114 and lit:
Nov. !tn. 1807 Aldrlch. Bartrum
P., 211 V 4lh at , N. Y 4 K "
Ie. I .'ih. I07 Aldrlch. Winnie. 810
W. 147th Si . V V
THE BOSTON CURB MARKET.
Cvnen- High- Iw- Cloe
ILg el .
THE PITTSBURG MAHKET
fit Iggt) sal, Aug. If The markst here
was active to-day, with Pittsburg CtMtl
the feature of strength, closing with a
l.et gain of Columbia Uas A Klec-
tllc was fructlnnally higher. Westing
souse Airbrake gJlnrl 2 points. The
10 Am W (1 nl . 100
a Am W O Macn pi )
10 Canny River Can $4
l ot . . Klec . i-tse
uaai amount, secuting thus srhai. a
credit of nearly twice thut sum. It Is
I u mured that the Hritlsh loverninerit
has about $i:,0.0O0.ii00 Ir. gold In S.iitli
Africa Bhd many millions mote in Aus
tralia, h wue Mlt.ted out that If such
proved to he the case the t'jtited 8tates
would I io n control marly one-fourth
Ot the entire gxild supply of the world,
which Is said l he rated bt ale, 'it
$8.000.0101. 000, A prominent tmnker
when question ed as to this report, how
ever, said that the scheme was not
feasible, and that it would not U- in
goaOftlgnce with centaln provlalous of
tlie new banking acl. Practically all of j
me leading tsuiknrs In the financial Qia
trict are Insisting taut the t'nited Htates
uoes not wan,, any more g .! at pres
ent and Out (hoy fear inflation in 08WM
many miliums more arrive.
Francs were Stronger yesterday In
syniisithy with sle.iing ami due to the
story printed in Tub 8vn of yesterday
concerning the new arrangements re- j
gardlng the I a.syh un.la bonds which
were he.1,1 In Kranci'. Kram-s closed at I
1,07 for rtltfltrg and (.01 for caibiea. This i
L.onpareh with tl.01 fr the former and -g
nu for the. latter on Tuesday Marks
were easier at 01 3-1 for sight drafts;
end 81 for cables, againat a t w fori
the former and .ills for the Utter. I
Italian Ure adanced to 6 4s from a
previous close of 8.49. Australian
kro;'i rosie to IS. 08, against 1 .'. ' on
Tuesday, Hubb-a declined fiom I0)g
ID Crmihl- ttrel jif 10JW 1C3S
60 list Brewin; pf . i V
1M I a Belle Iron .14 S1
m .Mir- H to
77i Nat Fireproof. .. fa, lis
$88 Nm rirtprool pf 18 in
V) Ohio Fuel Oil ll 144.
JW Uran Fuel Supnly ;.S
H U.K. Okla Oas its
i. Pitts Hrswiiur Pf l."-S4 1 81
:.t.. Pittsburg Coal . ... 81S
10 FMIahure Coal pf 'S '''
Pitta Oil Oas ft'a 4
ten Pure Oil 17'., 174$
4-nKi an Toy te tee
- Pi ioii Nlll i.le .11 181
ISO Pn 8lcli 8i -,..' KM
k) 11 S 8!sel 74 '7
71.'. Waal 'house A B 140 111
8B West'house El VH .'
S Weat'xOlHM Kl pf 70 7
lluU Pitta Coal deb K
Jt 88 84',
DAIRY PRODUCTS MARKET.
Total I dairy
THE SUOAH MARKET.
I use (in- Itrfll.e.l Hrduped
io Points lo n. TO Peats.
The raw sugar market abousd a aag
Tug tenttoncy ygsggrsHy, It was stated
Just before the dune that reMhers could
MVi bought apot Cubes at i. H osnts If
'hey desired, but these Interests uoinln
Mfl to WUMsOlcl thsir purcliaaes. rlpoi
m oti mtm UncttgBtexl, but they were
"r- i otnlnoM, as sugar was obtainable
"i,, 4 quaatgf of a cent butuw the
Tne turlnad sugar market was easier.
II 1 mieinHs reducing list prices In
( ts to I 7o irrts. except the Ksderul
Ugs KeflnitsBi I'onuwuy. which ountln
' lUOtg S.00 l ents Ths ilemuml for
v le'glg on old coutrsuts was i
' ' i lo bhg unogttled eawaiitsBn of the
few iiarksl and the reduction in teilned
M Ifgf flit iirew market at the Cof.
Ia. -i.inge was getlVO, IUi prices
ai symtiathv with sta.it. Total
ea were :
J ii. i a v
High Iow Clot Prev.
Ml 'tl lilt MOSS
a 41 I ',4
8 ! 41 8.41 3 Ml
8 Ml 8 47 8 47 8 M
8 4J 8 i 8 ti 8 48
8 II i 1.1 8 II 8 74
- 84 i! 08 1! 84 8 B
i 114 8 HI
!9 5 '10
; 7 .1 w
8 HO 8 11 3 HO 3 Ut
8 or. 3 io
8 10 3 10 $ 10 3 II
weakness In oil onntlnued ftell
. B crude undermined ths mar
l '..In wets dlspoasd to take udvan
' ths s.tuat ion. HnpiKJi t was isoor
is lis! easily sink lo new lows,
'i land prlcus were Ignored
1.1? SIS 48
.- u ..i
Bl'TTBH The market aeema In have
reached ths bottom for high grade butter.
If receivers 601114 gel refrigerated spa.-o
to Engllah markata tha difference between
the price hare and ihars would warrant
sarge shipment, but it la Impcaaibls ts ,
fist tha rafrtgsratlon. VVhlla trading In tlia .
ligheet grade was light yesterday out of '
town buyers wars In evidence and took
good lloea of msdlurn stock. Market
cloned rattier weak without change In I
prlcaa. Prices: ( 'rt-ainery, aktrsa. a:' n.-ore. I
i$f$$c, higher scoring. : la 'f :'7r :
flraTa, II lo SI acre. 48tC. busts.
tubs, itn.it. :'.,ic ; g,,n,t to nrlui., ,
U a lie. . .jiiiinon t.. fair. ;llii:'3. : reno
vated, extras, i$ 0)88 0.1 firsts, ll48IVc.il
lower grudss, I'Offntc: linltatl.ni i resnisn, I
firsts, 2X4lXc . ladle., curraiil uiskc. '
firsts, $$iy$k'.j seconds lt'o l- ; lower
grade. 18 11 Sc.; pscktrg stock, June
uiaka, tins. Jin , ,u. j liuli'i,., 1u,l:
grsdae. 11817 r. i
i H Ki:st u 'i. r.s trading was llglit yes
terday the maiket aattled down to en
even tone, rather easy than otherwise. A
few of the tieat marks brought a trifle I
ever .uutatlou, but bllerg are particular I
and the markst Is in llielr fsiur. Oalsiea J
were easy and skim, quiet ulth I4r -rr
of average fan. v slid skims gpscjgl rrlessj
sists. whole milk, fresh n, ahlts and
colorsd, spaclsl. 84 " 18c averagd
llu.l ssiiiis, frssh. vgeice, l. 'I 101.1
m s,H,'i. Ilgsssism
I--' li iri-"ltscslpt con 1 1 one tn fall off ami
hover, demand high grade tlgek, ... yst
terduy thsrs was a furibsr sdialus ..t i
on all bssl agg. and nut stiuugli to meat
the demand nt the sdiaii.'e. ghlpperi re
port han. moulting aarly and that re
ceipts srs fslllng off everywhere feeme
of the chain atore.- re u.lng lield egge
ifintlre market uae linn anil olesed dial
way. with mi advance of lc on nearby
haiiiai. Prise.: Fresh gathers,!, extras,
2$8Te.; extras. Orgta, Untitle. I first..
!$ It Ho J src.oi.ls. t$ffll . N 1
dirties. If4ft$ei hsnnery, wi,iie, fine
in fancy. s4f8'io.; Iiennsry. br.isn., $fy
30c ; mixed cedars. II l 14c,
liVM POULTRY Wlilis there were $$
car., iinlaado.l ve.ierday snd I mars left
on track, there sjrag tint suffl. iutit a, .lea ta
establish prices nn all tins. fowls slid
bl'ullsr. sold at about the i lo.a laid wssk
Spring du.'k. were a little tinner, but no
price was named for Vvtstera du.ka. old
i.iiiiera or geese. Trading will ha active
lo-day si about Ihs , ... prl. s as ut Ilis
close last weak. Prices: Fowls, Hi.
broilers, I7l lie ; duck., .lersey. spring
lie. Long Island, spring, io, gullisss
80,- - ptseioi., 10c.
DRBtAHD PUULTRY llecslpts wrrs
lighter yesterday, wlih a fair demand fof
flc.h kllls.l. dry picked Iced fowls There
was not enough trading, linwevar. i..
chsnge prh-ss. altlmugii tiis lane of the
market ws. lielter tin fresh killed fowl.,
obbi and lllcblgsn srs sin. Hug In large
quantities of scalded f,,wls kl.,1 He . argrs
rsllier slow Tilers was a gaud dnusnd
for old roosters, bill fresh kllls.l chicken,
ware In overaupply and mil. I alowly There
waa s demand for fancy Iposen pnlokena.
wiih the aula of turkrv. and fowls slow
Prtcss: Freeh, fowls. U's.lern. buxsd. 40
lb., and over. 17'.. : wtgtsfn, SCgldfd
large. 15',lli',c; I, r. Here. Il08$e,i old
rnnstere, ltl$e$e I s.iiiat,.. prime, shlts,
10 lbs HI dossil, 3.V0. t lbs.. $8: 8 lbs,
,$8 Turkeys, dry plcksd. -.1. e,l
Western c ; Tes, I7trlf4e I'bbkens
12 to boa, milk fed 48 to 47 Ilia, lie 41
Iba and ftvsr. . ' u .- roni fad, 48 to
47 Iba , It, : 41 Iba end over. , . Fow ls.
w !"., HO lbs and nv.f . .liiseu. 17c
.10 to 8. Iba., 14e. OI4 ruuslart, lit
NOT EAGER FOR WAR LOAN.
II it r I ford I n n rn int I if, ii Ir
I i i ii 1 1 it - il tn Inral.
11a KTKtiRi-, CotUl.1 Auk kl. 1 mi ul. y
MROIeg liui iford IHHHi.it.' t tuiipuiues lo
liny t uiM tnimg Hi-' prOwNUltUtliMi Of U:. '.-..
COnMrftUOM whirli t'otrry Iuikh IiIucUm
of all Um lifts t invoHi nintH. Uewtw.libltli
for the Brit.sh war luetn. whuh it ih r-
port$Mii will ie oirri''d in ihUi ocmntnr,
develop, 1 the general Information that
the ronipanlfii are not eager for It,
though, of riiuiNe, any allurir.g tnduce
nuiita will be Investigated.
K'-rmrr l7tUtd BtfttM Senatr Morgan
J. Hulkeh-y. pfMt4nt of the .Kina life
Insurance t'ompuny. wan not lltfMl4Nl
in the ituhject when Intervlfwed today.
Vh-e-rretoideni Morgan H. Kralnard said
the dlret toiH had dlmuHsed th proponed
loan very hnetly. Treasurer I Mmuud
Zaeher of the Travelers Insurunee Pom
pany, said his rumpaiiy would not tub
Hcnbe for the loan.
THE PHILADELPHIA MARKET.
Pll ILADgLPH f A, Aug 18 The stock
market was firm, with activity in the
purely local issues distributed. Cumbria
Hteel and UotttrtO Storuge Battery were
Hands were quiet.
The summary :
In Alliaiee Ins re. .
inn Alb. t'haliui'i-a .
3i.i Anier Can
sii Anier Ksilwaya .
170 llaldwin laico. .
ll. il.lv. n Coco pi
luo 11 ll T
: Cambria Iron
384 Cambria Uteri ...
H Chet s i 'ic .
10 ciiao K I I I'
loji Eire blur Hat .
108 Geikargl A.phsll.
'..:. In. Co N A
in Keystone Tal ...
8KI l.ako Superior .
18 la.iilgh Nav
4 l.iltlr Schuylkill
It.l IVuusyivuius ...
?yt flu Its Co
5 Phils Co old pf .
18 Phils Co cum pf
41i Phila Klc
18 Mllia K T
v Phils IITli'...
11 Phil.. Ti ,c Hi"'.
$8 Puis Coal
I . Ilwy Meet sps
1 1 in $( I m ;,4S
psl m an I,
w T.iiio llelmoill 3 I, III 3 18 IH 3 1 j HI 3 1
7'sj 't'lMiiii'Hl. M nulla
20o I'lah C'o. net- . .. 47(s
908 t'lllted lias Imp 8T,
It 1'lilted Coa N J. 33"',
8075 I' Mlesl 77U
ill Warwick 1 I i',
$Mlil Cily Is nil's.
nssi Kic- i Pso 4i . .. 734
Paws. Inlerslals Hy 4a us
ilsh) L V gen con 4', a !'S
li.ioo Psiiiiii sun 4'.s . .. B74s
m i Wills ft cons r,a. vns
l'i.. Wills Kite 4a IsU
2.K..I I'blla Klre 8a 7kls
IT0II ' Itesdlllg sill li..,, '.- '
$008 I'll Ky Int ii'.a
.law Welabsch let .... . . 83
Company grid Term
Unltsil clggt hi. .res,
t'ul.iit Tank I, Ins
i 'a l,.i n - A loerli a it Ougsr,
Cutian American etug.ir,
i ihlii i ill. iiiarlarly . . .
nbbi till, extra
New Vi.rk Air Drake.
luleraiale-r a I I a ll a a
rilk A lilt Psygblt
pf.i lepl II
$3 ill Kein, 25
if,l I, ,4 fjot,
$1 ll Sept
i ' W (gpt, M
li,- QaL 1
War I.iiuiis Ilea.) In Loudon.
I.,, Hoo n, auk II, Too tworboi showed
hasltOtlon t0Q0y W'llli the war loans
tienvv II. .me rails Wclu liicHUlar w.lhln
h. li. ill variations and Americana were
mixed. Canadian Pacillc wus dull unii
OantMll Car and l'oundiy heavy.
into smmuniilon contmuss heavy. Khali
manufacturers arc In need of steel barn
and. premium- of several dollars a ton
have been paid above the ituoted price
of $l.3T per J0U pounds for delivery
before the end of the year.
The f Iron T rude aaya : "Special
grades of pig Iron In central West hava
advanced r.O cents a ton following
the recent rapid advances In piicesj ol
foundty and steel making gradrn. Mid
dle Western sheet mills are spurred to
greater uctlvlty by the decline In spel
ter price. All larger steel mills are ex
pected to quote $1 advance shortly on
platen, shape: and bars."
The fron Age says;
"There is no letup In the new In
QUlry for Hteel for the warring coun
tries, and will, each week the percentage
of mill output that will be. shipped
abroad In eotna form la Increasing The
evidence that this export business will
continue for months on the present or
a greater scsle counts largely in ths
predictions of further broadening of the
"Itussia's Hensemer rail pun liases
are large and more are to come. The
Hteel fairpm-Htlon now hag 45.000 Ions
of thia business, which will be rolled
at the rale of I tone a day at Chl-
cagn. and in more than welcome In giv
ing employment to Beasemer capai Hy
In all the rush for open hearth steel
The Cambria eiteel i-ompan a s'l.ire
under the new readjustment Is appar
ency 6i.i"'" tone, of which 40,000 tons Is
lo be rolled by the Pent sylvgnlg Snd
Company, Rusala is ais,, placing hare
i (1,000 tons of spikes or mora, of which
an Kastern maker hus taken a large
"With bett'-r employment f.ir lis
I lesseiniT capacity the glee I corpora
lion's mailt tierci ntaae is now ale.,ut H4.
! Its purchases of Wlleta a few week.- inc .,
! which came Just before the erutrp sd- r
I v.mce In Mm-flnlshed sieel, were pot
fajf from 100,000 tong.
"Just now sp ".-iflcatloiis are coining
to Iba mills in excess of the '-it ol new
buying and deliveries are n .t as prompt
in some lu es as buyers want At ths
i.itne lime prlogg are tightening, though
ory gradually, and this week one Pllto-
butg Intereat hss announced .1 I. trie
basil fot I, .us, plalea and sliai.es for any
delivery IhlO yetif. Ail can be had al '
1.10a. fn.ni some selleis an 1 1 1'Sc.
Pittsburg lir tilatse Is M I! iiossibl-
"ll is ewireciate.l l'a aiailable 0irn
health steel caju'lty Is now about all
at work and owneig of t.eaily iv.mpleted
basic furnaces are pushing work to get
Hum In operat inn quickly. Ths Stsel
CtsrporgtrOn atlll has a dogen Id'.a blaat
furnace, wliiiii could make basic Iron lo
ailant;ige, bill other stacks now run
ning are due for repalre.
"Honiestlc railroad orders are of little
moment. The Cheaapvake and Ohio lias
ooug'ht 7. 0110 Ions of rails 1!ie Haiti- j
more Mnd uhlo hss PteVOSsj 1.000 steel
nopper car liodlos, following Its 11,000
tons of rails, snd tho Atlantic t'osuit
Lino has bought "" box car".
"There Ul a bsltar supply of struc
tural work, but fabricating prices are
no higher. Pittsburg contracts of the
week Include one of 7. Soil tons and an
other of 4,uo0, ths latter making a total
of 17,0110 tons for tlie Kddvatnne, I'a.,
munitions plant. Ths Bridge Hnlblers
and BtriOtUral -Society reports July busi
ness repi'Mentlng 88 iter cent of tho
"Ah sieHter tumble madjustmaiite are
being made in galvanised produsytg, Pipe
up to 4 Inches In diameter wa reduced
$12 a ton this week ami larger alsss $1
a ton, pt presenting about half the ad
vances due to the skyrocketing of the
metal. Ualvanlsed sheets aro down ta
1.60c. for No. (8 and galvanised wire
reductions nrs on ths way.
"A ii- w feature In bars la the buying
of billets by Iron rolling mills which
have go n$ Into the rolling of steel
renimls for shrapnel Al OPlcggO sdine
sulci of i 'ana, ban billets for this pur
ixvse have lasan made al about $-.. is
"Pig iron buying has boen leas since
the reeaie,l advances In prlcaa lluf
fain has been tics active than other
markets. Thus far the efforts of fur
naces to kvep 11(1 buing in abeyance
jlgvo not met much rtsistsnoe from oon.
aumcr and buying for next year la ttl
Ilia exusptlon 111 tha pusl wrsk fiuindiy
Iron has baen marked up an udditlono.1
(iftv. in mo t die' riots, but talk of a run
away market was quite prcma,tuie al
MINLN0 PROSPECTKI EXPLORED.
i ..-, Have HrvH I n t est lssale So
Kr by l aiiaglaa t n .
Tho Qopwelon Ml'i'ng ami Rgploi allon
t'ompany, iHinlrollsal by several of ths
moot promlnsut bunking iHtOfOOtl of tins
country and Canada, in a statement io
shareholders shows that It has loves
tlMatwl since its tirguiiUutioii several
ysais ago l.aliO milling pnoHpucts. The
object of n.c company is tn exploit new
in-.,!.. particularly mining, in $ ii lag
ouuntry no i Canada, Kockeleller liilet
estg are prominent in the OMnpgny, ulao
IntOTOOll assot'lated lii the liiteriiullouul
Ths axticnsas of llm Invest igitlion and
other work of the company are paid out
of the Interest on sta in Hies nf n total
market value on August 10 of I,4I6,57,
This valuation of holdings shows a de
preciation of lii 112 from the subscrip
tions paid In at lbs orguiilsgtiun of the
mam, . 3ew-.aeg.la
I'ennsylvaniH j outrageous. 1 believe in taking action
to put the control of the company back
In the hands nf the people who own It
the stockholder., fin the basis of pre
vailing earnings not only could all In
terest charges be met, but dividends be
declared on the present preferred and .
As some of the stockholders who
had been hesrd from were unable to
be present at the meeting it was voted
thut the meeting be adjourned until Au
gust If, In the meantime it wan voted
to gst In .ouch with the other stock
holders' committee, formed about a
month ago, to find out whether It would
be advisable to work with that body or
Tkknton. N, J . Aug 18 -rhauncey Q,
Parker of Newark was appointed by the
Court of Chancery this afternoon re
ceiver for the International Mercntl
Marine Company, n New Jersey corpora
tion cajiltaliged at 1110,000,000, Kmer
non K. Parin of New York, vice-president
of the ran poration, asked for the
appointment of the receiver. Insolvency
was alleged and not denied by the cor
The New York Trust Company, as
trustee, last April brought an action In
the I'nitcd rJ'ates District Oiurt for ti e
apisilnunent of a lecelver hnvlrst Juris
diction tn New York State over the cor
poration's affairs and Philip A, (4. Frank
lin waa appointed.
Alvarsiln 70 n
Hay State Cas 14 .11
Dmclcon 744 "'t
Bego'e I lVs
Bulls A Loudon 84 .38
Boston Kly 30 ,$$
Chief Consolidated 88 87
Cnuaollilaied Conner I1 8
Crown Rraerve 48 .m
Calaveras IV 1
Consolidated Arlxena li
Cones 80 .
California Corbln 4 n
Davis Pair 80 .13
Ratio A Bluebell 11, 1 3 It
First National Copper 34 SH
ti-,. Conaolidalsd 114 1 M
Houihloti lit 4
Iron llloaaom . 70 .74
La Row 47 M
atrKlllley Ilarragh 82 .58
Mines nf Amenea I'a 1
84sje.ll,.' 84 .80
Mexican Metal. li 18
Nevads '..,- 48 ,$$
New Baltic It, 34
Nsw Cornelia 7 7'4
Ohio Coptier 1$ ,11
Old Doninuon re.eipls 7U 7
Olsseo 1 l'I
lose 4 liegeman 4 84s
gouthw'-t Miami 1 P,
Riswart Mining 1 114 1 I 14
'1, .,;,,' .', Mining &i, 8',
I'tsh .Mining 1'. I
Putted Verde 84, 8 10-14
Yukon l, old 11, I',
Ik. 17th, ism An ! Jans, gond
du I - Wla, on. in
Met, 8th, ltio Buthi.r, Braeel,
10 W e t nt Si.. N. Y
Apl 18th. 14I -Cohen, Hyman, 181
Walker St , N. Y
14lt fog, Jsa E ., sddreaa unknown
Mill .Mat, Itul Egan. John, 118 K
13th it,, N. Y
Oct nth. I a it 7 iiahbard. W . 47
l.awle ft, N Y
Pah llth. 187 -Ullltakl. M , 180-182
Bowery, N Y
le, 30th, 1103-aottaamnn, Mag,
Ml Park How, N Y
Jan 14th. 1888 tireden . Co., A.
islisrhadl, 11 W. Illh Hi , N. T
Oct 24tb. 1,07 Hngsn. Annie. 182
West Knd Ave., Hi Y
Mch loin. i?i)4 n ftaaa. M.
'sitae bed i, ll fanal 1 . N Y
H 8 lie L lit! -l.ee. ileorga II . 231
W. 22nd it, N. Y
Hepi, 15th. 188 Unman, Jullua
I Assigns, I. 204 Hroadwav. X. V.
Jan 2th. 1108 Millar, Joa. II B
111th ft., N Y
Juno I0;h, 1000 Living. 'on M.ry
K. 1713 Madison iv, N V
Aug 12th, 1884 -Mills. M.rgar.t.
Jerome a Morrta Avoa. High
Hi i Ige. II B., V y
Oct ltih, 1171 Mollsr. Henry. 444
I'ssrl St., N V
Jan nth. 1178 -Mulhol, and, John
and Patrick. 73rd 8t , bat 1 at A
3nd Ave. . X y
Aug 28tn. 1337 Musher. Xathaoi
lallsch.di, 132 Henry gt , N, Y. . .
Mas llth. 1104 -Nldalnskl, Peter. 888
Kaat Housf.n St . N Y
Ju: .'.th. 1804 Parrott, Wm , 14
William Ht . X. Y
Apl llth. 1364 Popo. boulas tn In
trust for Florence M agher Pops
X Y . .
. us, I 1 0
June .-. : h ,
THE BOSTON MARKET.
Boston, Auk 18. The copper i
itkei showed further strength
wltii tin improved volume of tr
eVmtrlcan Zinc, Buite ti fu peri or,
per Range, New Arcadian. Nlplaalng,
Tamarack and riah Conaoltdatad were
active ftiiiur.'S. A gain of nearly '1
imiIms in American Sugar w-.is the fen-
tuie of the industrials, while there was
ran a. ttvity in railroads without
errda lluctuatlona The summary ;
if, Ahnie. :
HO Algoni ih
14a. Ann rican Z,ne .
117 Ana, onda
1 :. Anion i Corn
o Unite A Hal
kuj Hut i e a lup
7o Cal Arttona
si Cent) uiiial
13'n C.i. l Kan.e
80 DSQf Wet ....
21o fast Untie
:-' Oreens Canr...a
'..-7 llali 'i. It
2--'l I - ,' , i
848 tal an I Crssk.
!. I.I ami Creek
$1 I llgS llo.v .lie
Kerr take ....
" loikc C.ipprr
M I, a Salle
1' ' Ma.- Con .
:vi Ma llow.r
is Kienlgan ... .
110 Mohaw k
88 Neva-la Con
144$ New Arcadian
til Nonlj Untie
B Oi l Colony Mm,.
,1s Old Pom, mini
18o O- cols . .
St.1 Po'i.i Cr-.'k
1$ Ray Cl
1 1 i Shannon
J Shall nek w
37, South lalke
Ill St Mary
.-.i Superior a. II. i, . .''.
ll a Tag) a reek
4-', I' S Smelling
I' S Smelling pf
17. rtnh Anex
877, Plan Con
108 Wyandotte iJ
10$ Mo ton A Albany i.l
31 Huston Kiev f
t lb, Hon a Lowell. 180
let Ho. toll A Mi 2.0,
$8 Chi J. t 4 S Y pf I .1
$8 Ma-- Klec pf 131,
8$ Maine Out
Ml N Y N II A 11
in Old Colony K H ,1414
10 Rutland pf $0
10 Pninn IVu-lfi-' $
10 W K11.I kl R R pt l
3". Am Ax Chetn
-u Am At Choin pi
Am rneii ere 1
?) Am Suar
7,77 Alll T f T
l:lo Am Woolen .
IJS Am Wuolell III
r.i a 11 a w t
1 .si a ti a w 1 pf
MSI Ho. Ion l-stld
2 Ktlison .
1 11 Otn Eleotrii
141 Mas. lias
BPIIIIITT . M1LLB, talesman, or H3
West Plfl) fifth .treet. one of the heir-
of tho ist, Jame.. I) Layag, w,-n
known In ral'road and financial circle.,
who dlod a few years ago. has tiled a
petition In bankruptcy, wl'h llahllltle.
38S ' ." and easels 81s.. consisting "7
cs.h H3. loan. 838 nnd Income from the
44latt of Mr Layni and an undivided
Iniereat tn the ceatlngent remainder of
that e-tate. slnoulil unknown. He has
podge.) thia contingent remainder f"r
loan, nblalned from lha Heal BetalS Tti.e
Insurance fnmpsny of Philadelphia. $17. -IOC.
Alfled W Ireland, la. 7710: ll.nrv W
C8edd4usd, I4.7i.. v a 1; 1,4 VautHller ot
Larehntont, I.' .vtu. and Charles 11 ifoff
mat,. $00 These creditors are secured
There are atut slvty creditors In all.
with eight wh.iaa claims are of an un
known amount Among the ul.., cured
creditors are (? 1. Bernhelraer "f 10
Wail street, $3 000. Mr. J. D. Layng,
$401) loan: J. taivna Mil'.. l$$ loan.
Hotel Martlnlipie. $181 1 Holsl PsImSUth,
pert land, Me. 1127. urchi 1 piorist cam.
pany. 125 for flowers, other debts ore
for four doctor.' bills. $381: heugehotd
gupplle carriage hire, aleetnc llglil.
telephone. rent. piano-. Jewelry and
Clothet Itoberl H llray of 88 Wall
street I. hie attorney
MPVHo ''ll K M 1 ' ' A t, COMPANY A pet'.-
. II. a in t.ankruptcy ba- l. sen ti ed ag.tm.l
the Muriro fh.mlcai Compani el 1 Ida I
t ertv street by these graatlorst M. W. :
I Letrendon ''" . Ivooo. aeorge 1. Hem-
men 1 A CO., $13.', and e,,h. Ho III-
I a fiark Company, l.l$l It eras alleged ,
that the company committed an act of 1
bankrupt". l paving a telephone bill of
$1 on July 23 The ronpsnv was In-
c.rpotale I ,"l April 13. !!. with capital
eto. k 11,000 and Ml a factory In
Moltllis ORBENBHHO -A petltloa In
baokrupte) has I.e. n tiled again.: M'-r-rie
Qrsenberf, .i..i.ber in dry goods at
21', fcldrldgg s'reet. by ihe-aj eredttora
M,,rr,- Half. 181: I Kim, ,11, 181. , ' I tton
rvap, . ,v o.'i n.r, ..... 1... 1 1, i n... ai-
sald :,, be $;.7.0,i and .: $S0O.
OBOBOK WIKXBB A petition In bank
ruptcy ha. been flled agaltset Oeorfe
Wiener, dealer in lulillr.orv supp.les at
III I'.ran-l stre. t. by Iheee crelltors
I .el, 1. r v Berger. In, 17,, n. I.oa.-i ireen
berg, 8o, and Mi. Kameng, 872. He
made sn a.-lsnmenr on Tui-.l d lata
l.llltles ere $3 000 ni l asaet. $1,000.
I.wsrr S1H al-TI.BRL travalllaa saleaasaa "f
I 7.01 Weal 1 40l street, formerly an officer
. f the Joseph sutler Company, "i- n.id
s petition in bankruptcy, with iiirdii'i--
1i. and no assets. Of the It i it1! Sg
11,113 were secured by botni and tnort
aege "n 7,1. Weal llllh street and 24
K:ath avenue, which have been fore
eloeed, ami pan ,r Ihs oihsr llabtlltlea
1. for guaranteetno payment of goods
a. .1,1 to die JOJtOph Autlsr .'oni),.!.).
BDWABD 11 WBBNBEKO, stationer, who
had .ii efflce at 74 Pine etresH, bet :: ".1
s potltlog in bankrupt, y. with liabilities
of 11 72'j and esss-lg of $.4. in a
Wit. Mlllt N TI'TTl.K of l$$ Headway
ha. 0,ed a prll'ion In bank tup:, v , v.ltb
llgbllltleg $108.' and SSS) la 0i7 1 In l'
counta, I oiupoeltiulls I ..'. tinned
11171.1, 1UIV OOODi I'l'MI'ANY .fudge
Mt'er h.ia i ol, tinned a composition of
the Pell Pry tlooos Oomrunv at 137
Ksaat sirc-t. wllh cre-'lions at 38 centa
ot, the dollar, cash
OLAI0HBIM HBRTf Judge Jlver hat
ronflrmed a --omposltten "f rtiasshslm a
Hens, manufaoturers f brslds at 40
We' Twentieth street nit 11 creditor. i
senta on me dollar
titn si , x v . .
1V7I ,RotheS h 1 , 1.
liast Hroadwav. N Y
1 ', : 3rd. 1SU7 llub.nslaln
w 1 1 :.th elt , x, y
, ' M , 44
TO TH I HOI.OKHS OP
Mortgage Thirty-Year Mnblng
Plve Per l ent Hold Bonds.
Tha underatgneil Committee, whb-h ns.w
controls a sulMlanilai mnjorlly of lbs out
standing; bonds above dewtrllsed, hereby
give, nnll'S that the time 1st I lie deposit
f aurh bonsls with TH K XHW YORK
TIU'HT COMPANY. 16 Hroa,l rlirwat Nsw
York, the Iftopoaltarv nwmed In ths Agree
ment dsled June let. 1010, has been at
tended 10 SKI'TKunKK IS.T. IHlAi sftsr
iha4 tiondo will be ssjsejsgd only upon such
lermi sa) the IVirnmltteo gsgy preserlhe.
Cop of the Ivepo.lt Agreement will ha
furnished on application to ih Depositary.
vh m 1 1 vi 1 h N. Itl t KNKK. t halrman,
Vict l"retldent.TbtNew York Tru.l Comtmny
V.W III T. DAI IB,
BDWAM B. T1SKKH. JR..
V4N Pltridjggl Chase National Rank
HKRIilbRT W MURAK. Srcretsry.
l"i Broad Street. New Y'urk. X Y
STETSON. JENN1NUS A RfSSKl.t. Counssl.
II frond S4rre1 New fork. H Y
TUP. $; vimiv TKtKT COMPANY.
N Broad Street. New York N Y
1S67. -Scbioemer, Otlo, 71
X Y 146.66
1 .i- . bwiirabere. Saul. I
17S Norfolk St.. X Y 218 73 I
Boi -nil. 177 fnlftn, John (Aa-
elgneei. i E 42nd SI, N. Y 114 86 1
M. h ,10th. 1H07 Weber. John. 301
B Hk ft., X Y 68.11 I
Oct 14th. lilt Wsrlheltiier. Leo-
1 pol l, -it fifth Ave., ff. Y 131.411
June $nd, l$$$ -Wlllman, Andreaa,
s ldres, unknow n 46 04
l7o winhen.. t'anlel, h:h at
3rd Ave . X Y Ill 86 I
Oct vii 1641 Wolf, Henri, 1337
Third Ave , X Y 117.14
I State of Xew York, fount) of Naiv York. sa. :
J S'anlej Foater. president snd W illiam
F Kainmerer, Aa.latant Csahier of The
Ho wen Hank of Xew York, a bank located
! and doing hueineaa In the City of Xew
. York. In said County, being duly eworn. '
I each for himself, lays that ths foregoing 1
report la a full, true snd correct etattinanl j
if the uneisimed depoalta. dlvldsnd and!
intereet not previous, reported by Ths
, Power- Hank of Xew York, mads In ae-
cordate e with ths pr ... : of the Rank- I
lng Law, aa shown by tha hooka of said '
Bank on the nret day of Auguat, 1616. tot
i the bSSI ,,f iheir koowlertge and hellaf.
I J. HTANLB1 POSTER, President
u.M . p KAMMERBR. Assistant Cashier. J
Severally eubacrlbed and sworn by both t
leponenia on the l"th day of Augu-t, 1317., 1
before ma. , M. hi pii.
iswai I xotsry Puhiic. King. Co.
I -ertlflcat,' filed in X. Y. I'd f erllfl, ufa !
V V Co, c.e-k 111 Reg 7173. Kings Co,
I flerk 247. II. g. 7i'tl7,.
AlsLMMANt OBI ami iron company.
Oealsd propoaala win be received at the
office of Ih. Karmera' lavan and Trust
Company, Bos, 14-21 Wllllsm street. New
York City, for the gals to the Truates
under Ihe mortgage ,,f the Alleghany Ors
Slid Iron Companv, dated February 28rd.
1,43, of a .ortl, ient number of bonds as
cured bv said mortgage, to Invc-l $:l,
087 7,8 of ttlg Kinking Fund The right la
reaarved to rej.,., Nnv an t all hi It
I'ropo.Hla in vl , t be pie., tiled before 12
o'clock M o'i Hept.n.o-r 3rd, PJlj. sad
ahoul.l be directed as fol IWSI
"Propo.als ',. the Sinking Fund of ths
Alleghany ors an. I Iron company. Ths
Farmer. Loan sn t Tr ust fompany. Xoa.
14 12 William Street. Xew York fltv "
THE FARMERS Loan ami THCST
i o.m I' A NY. Trustee.
Bv BDWIN s M 6RHTON, Presldsnt.
New t,rk, August 1.1, 117,.
LOST Certlfcate Bo, a:o7H for 14
shares Preeaed Kteel far Csn .lock; finder
plsaas n tlfv MARY A LOWBR, New
F.I.KCTIONS AMI BBBTIBOf,
Miltroi.K WESTBBB RAILWAI o.
Tho Annua! Meeting of the S lock holders
of ihe Norfolk 1. ml Western Railway i.m
aany Well be held at ths principal oflll e of
the Camnaay in 'be city of itosnoke, vir
ginta. on Thureday, the li'h day of Oc
tiler. 1813. at p. o'clock A. M , to elect
Dir.. :01a, is elect Indepan lent audit org to
audit ths la,k. n I accounts of ihe fom
panv for tha Us,.; year, to oonsidef tiis an
nual lepurt ot in,- IM'e. tora t,,r Llie owr
ended .tune 30th. till, to imfv and ep
prove all action or iha lore. tor. aot forth
in such annual report and In the minutes
of 'he Company, ami to trauavu-t such other
business aa may properly coins before tho
meei in g
The Stock Transfer B'-ks w ill be closed
at 3 o'clock P M., Wedneedsy, Keptembsr
Illh, 1818, and reopened ,.t 10 o clock
A $$., Ftl-lav, oetotavr 17-th, lltl,
Bv order "i ti.. n,s,r,i ,-f Direct ors.
I: H ALDEN, Secretary.
lalOT OV NAM BO of deposittnra of dor
mant acoouatg not prtvlnualy reported and
IhaB .! known addrataes. publlslied p,ir
. lists' tu the prov lalona of fhapter 868, Sec.
I of ths Hacking Law. by ths (Ifl-
2KNS fAVINOf BANK, l'I and 58 Bowrv.
cor Canal ft-, N Y :
H'.rg Kathaltt II . tn Cherry st
Bremniers. Herman. 17-2 OraenWkCh St.
Hron.on. OeorfS (I., 7,3 Park St.
fi. k, Prances a . Cllnian, conn.
I i k. Arthur A. 297. Franklin Ave., Brook-
flrebsr, Serah. 44 Reset St.
Harrl.. Havld. a. Forsych St
j Laekmann, Wllhrlm. lot West Houston St.
l.axerowlta, JOSOl. 53 lies er St.
j Melnster. Jacob A . 121 Henry t
Sehllephske, Minna. Rl ktrl'a Hotel, Cor
chryetle and Stanton Sts.
Shapiro. Harry. Ill Allen 0t,
COAL ROADS' APPEAL LIKELY.
IIIYIIIKNim AND 1NTKBBST.
The following Issue will be pavsble on
pre.eiitath.il n I 'he otn e of the I Mini
.TT8 TBl'MT COMPANV of xkvv
8f)HK, No 47 Wall .-Hotel, on or after OOP
letnber let, $
Interest due weptember l.t, 101.3, on 4t
lanlle l .usl tine Railroad I ompany i'ir.l
4 oiiMolldste.1 4', Honda.
Inter,-.! due weplenilier I.l, 101.8. nn At
lantic I oa.t In... Itallrotid I ompany $
Trust I . i ,i 1 1, ,,,, in li.,, ,o. ,r i ,m ,
Principal of Atlantic I oa.t I ine llaltrond
I ompany get Trust tiiulpiiienl HoimI., N,m.
glll'l lo ...... lllllu.ite, ,,i
The transfer taavks of aald binds will bs
closed August .nth, lul 7. all 1 reopened Sep
ten,!,r '..I. IKli.
:lue rlrplstnks- i.t.
errs and Allorneys Ulecass In
lerslale Hoard's lie, i.l,,
(iftlcers and atlorneys for the anllira-
210 Mass liat pi
-t r ,
II X C Tel
7, r i in c.
178 United Print
$11 t in Sluie Maoh
:i:. t in shoe M pf
1.1. 4 f S SI eel
10 C S SIC4-I pf....
$43 Ventura on
,r,ii Western I'limn
IIOomi Cb a No Mich 8a .1
.-- MS.. 1444 -83'
Sw ift fig
7,00 Western Til 7,
,. 671, ITU 5;.,
a 88 aftj 1244
f Hts 17 mil j
loi, lilts lOllI nn.
124 1141, ItJB ItlK
8 n :i7r, 37.,
. i'3 83 82 621a
II II 11 It
7-'V 27,4, iiU it$
2112 282 232 23.'
,I84 177, V 177, ITS
SI'. '"'a SI'l 411.
. 18 tit mi, ssu
. 117 87 7 7
1831s I3I Hills tttk,
,m lii'. i,i:u, 4$C
n nt m in
80 3.1, M ten,
HI-' lie ill ISP,
4iSS 410, 44 tula
. 211 2:1 H .
77i 77'a f$U Tltk
113 118 113 111
!s iL IH
..', ,-.'S 71 ', 71 'j
DAILY FINANCIAL CALENDAR.
fompany and Term 81k
Natlosal cloak and full,
Atlalillc RerlliliiK uuartcrly . ..
Norfolk and We.iern llallwsy
tsdji, tiuarisrly afd
1 1. no
(AMI! Bt. KAPLAN BBOg, ,,,,rpora
llont dealer In rlothlni ot I4'-' ''anal
street and 337, Ninth .treet. Brooklyn,
it,, made a settlement with eredlton si
3:. rem. ,,n the dollar, and Judge Maver
ba. cuiitlrmed the composition
K K All K1CI 11 A 1 . a i". IXC ludge Mnyer
i,m. eangrmsd a coniDosltlon ,,f Boeder.
Ihal ,v Co Inc. nianufa, Hirer of fura
ai 38 Weal Thirty elgniti s'reet. with
gyeditOrt at lo .ent. on the dollar.
i bedSlSS Filed.
l.l'NINP A TVCKBB, dealer, in men's fur.
til. ill), g goods at 2. faat Twefi'y-third
street. Iiave fled bankruplcy .chedule.
showing llsbllltles I:-'. 311 and gstett
II, 111, coiialsiliig of sock. II son. and
PAV1P ROTBIN, dealer In ttunka and
lesthsr gooug at 80S tenov avenue and
5411 Hroadwav. ha. riled assignment
schedules -bowing llsblllttea .t 1)44,
nominal a-sets, $t,0T5 and actual gsselg,
111., hOlk, II, On, I
gAMUKt KAPLAN Judfg Mayer hue ile
mad a diet barge from i' iiikrupt, v to keen
net Kaplan, manufacture' of walslt at
ih Wesi Twenty-second etre.t and 27;,
tlrand .neei Mr. Kaplan withdrew hla
appil' anon for a dlscggrgl before ihe
lll.i liargea from llailkruiiles .
.tudge Mayer In tlia I'nlted fistea pls
Irb I t.'uurt yesterday granted dlsi'hargeg
10 thes Mlkrupts: Kdward Pavlduw,
sale. man. 10$ Wesl tli'-th st:,','t. foriuerly
rloak manufacturer llablllllsa, I21I.4&8;
Itotb.teln a Wolf. .".7 Hr, ioii, a ll rest, for
oici . Iliiuora. liabilities, 1101,1421 A. hide
Horgo. rsatauranl inanagsr, 18$ wgst
Forlv-sevenlh OtKOt, foimetly kept ihe
Oaaine at Ngrraggnssti pltr iTsnl llsg,
$20 'J 10: Michael A Cohen, i lerk. 80$ Wet
Borty-nlnrk tirsst; PsrdlnenO v Murrlsug,
Jr, ciml. 2830 Marlon SVtnUSl S.unii, ,
litkin, tailor. i:37, Pranklln avenue Bag
prgWltg, sale. man. I1I..1 Prospect avenue,
foiniorly fur,: Frank .1 Maloiie, clerk,
III Weal iolei strssli l.oui. Pnhsn, up
holstery supplies, 1-1 Ball l-2lgl,leenth
street , Danigl P Tleman. Jr., maiiiifai -
tiller aallll wtillt: ghgnitl, M s lllaroliec k i
Willi nn N Martin, clerk, Kins. 'on: Jacob
Harris, sices. Handout I Philip s, lie.-,
psllts. 43 .idler street; Joseph Ponton
manager, I,, 01 Sit I ' 1 - Terrace: i4, id
Snksfl, clelk, 26 RlllKcl' .11, 'l'I. Klllaliusl
i.kuwlt.. punl. 8I Broadway . Pale,
tin,' , N' liisar, furs, and Jacob ru henkei,
trunk., hardware. In l.udlow street.
Rglrg lib hi. n,i on I iihnii sitisinr.
Tiie diicclnrs uf Ihe I 'uhnn-Aiuctlcii n
Sunar Company ye8terd:iy ilcclai,,) un
alia dividunil of U pay oent, nn H,o
nraforrotl ilooli in ttrdiltlon to the regu
lar yiiarterly illvldsiul nf l;. per cent.
The declaration if Dm extra dividend
wipes nut all i.f tin buck dividends
flab liavj gcci'Ucd on the gtock.
cue railroadg met yaaterday at th.- otn
of the I'elaware and HtlfWII t confer
regai-ilng ine.istires tn be taken in tlie 1
matter nf tin- Inte rotate Convmerc4 com.
mlaalon'a decision on the anthraclie rale
case. Another meeting will he held m N I
All hough no decision was taken to
carry the case nn appeal to the courts,
str-nig opinions in favor of such a course
were voiced and the trend ,,f thought of
tho meeting w:is that such a MUrag lo
not only justliisd hut required. It is
generally believed that appeal will ba
taken, the question to he decided ne(
week being large!) whether tlie appeal
shall be taken by all or by only one
Kigures of losses to the individual
iinids were gone over, showing that tne
Dflawara ami Hudgon ami the Ontario
and Western were the biggest sufferers,
SECURITIES SOLD AT AUCTION.
1 eh,re 4',.rn Flv hange link. 30.
2 share. Kldeln y -Phenlx Klre Insurance
I 1 v "' Wsslarg fsns'la Public tlillltlea
(Vimpsny I par sent, collateral in, lea,
du, lol,. Iniorset, March and feptem.
42 shares Internatlanol ueii Telephont
Pompany, Istd., 121 lot,
70o .hare. Amrrlcwn Chicle I -impany. com
7 ghareg PultON Tru.l fompany. 276
1 shire National Park Hank. I "
$1,414 f lie inn.ill. Indlenopollg and We.i
ern Railway first refunding 4 per cens
bonds, due 197.3. 10 10 17,
in,i,ii,i pare Marquette Railroad OSRsoll,
dated mortgage 4 per ent bonda. due
HI'. ..hare- Hamlin Imp
60 tnsrsa City Inveetlng Company
27. share. 8ft w Yorker
10 share. TttHs 0114840111 and Truat Com.
Ii.ooo Metaiag f laing Rggck nr.i mori-
g.,ge a Dgf cent rsglaterad liolids, ,le
July. 1917, IllllO lol
li.nuo uuray coun y. Oatorade, 4 per cent
refunding, s. riea a bonda due itll, ij
in . ' bondholder, protective romtntitat
IN-nver He.ervviir aa-i Irrigstlon I u
pany u per cam. collateral trust
lis. no, i Missouri. Oklahoma mid i;,,'f
road llr.t mortgage 7, i
I da. 1 4
TUB SUm 81111k 411! HII IKE OMP4NT.
P1KTV PlItST Ul'AHTKIttY DIVIUBBD,
Tlie Beat I of plrectnrg baa thl. dsy de
clared a quartsrly dividend ,,r i.ni: ami
um: BAI.P PKH L'BNT 1 1 HOI I, payabis
feptember 21. i.-i',. tn stockholders of re. -
OIM al llie 1 .tat of buslnee. .-epietulier 1,
't'he tran-fer book- Will n,.t closs
Checks fui dividend s II be mat ed toy
st,-. ghol le: - at ' e ,. I tres-e. last furntahsd
to the Transfer t iftc ,
.' A STAIIBPCK, President
New Vuu, August Is. 1917,
TH87 I I HW-AMt HII Ml. AR C'OM
l. A dlyldsgd of seven per ient. i7'i 1 has
been de, tare.! on the Preferred t.epltai
S'. k ou' .landing, peyebla O.-tobse I. PH.'..
to the s . kho.oera of 'd at close ot
buslnees Ospiember 1$, l$l$, .ill peyiuout
be'ng Ilia .1 , , 1, mu l.i led ill) I. lend. Id 110-
Isbar 1 17, fiie, k- for ths payment of
dlvtdeml will I"- mailed Tvantfer nooks
vv ill not be 1 af $0
A I Ah IN. Se, reiarv.
New Yolk. Aug'l.t 16. 1617,
I'NITBP tlniK Mimt.s COMPANY
Of V II HI, V
PRGPKRRBP si'" I. PIVII1BBP Nil 12.
a regutsr quarterh llvidend of i
has tin. ,ta been tie. sred upon each tjiaro
of ikt preNrred fits k leeued and out-
. .. ling. p. c'a'.le Sept., ,il. et liih, 1818, to
a', kl'"' I"' - of re. old at llie 1 loeg ,,f bust-
nr.. geptember i:. t:.'.'..
't'he .,,. k 1 ks Will I'"' b" closed.
PA rKP, Auautt llth, lltl
UH IB WATTI.KV. Treaairer.
Tilt ISIKKII N HAM IIIMI'IM
IVKST ISHINilTDN rltJllABU
Plnia.le phl... I'a . Aug. 1.1 II, 101$,
quartsrly dlvtdend ot i-v.. or $17$
gharr, ba, been .1,-, aied oil 'lie c.ipilat
Ibis toinii.itiv. pa) , .r
I-1 Ihe ei,, kliolder. of re, ..I'd at
ok I' M Allg.lal llth, 1911.
Ill lie mailed
U TUWNHBKP $rd, Trssturef
.1.1. k of
let, 1 f 1
I lie. k.
NEW SAFETY FIRST PLANS.
N 11 1 loll 11
I ,, 111 i,o i 14 11 lo Iti'diice
I,- i- in, itlonal oarniMtlBij
raoiami Reaolfli loaioiHlf O'i
The loOii itcelpia for dutiss yestei
nay .11 tlie CVhltOJTI Hons, wcic 567,
4aii 16, ii'' which t!0,IOt 51 was for
I'immIs withdrawn from Lund. .1 vvaie-li
lusea onq $141,001 it for reevnt lm
pen 1. 1 lions.
for the purpose of reducing iht largo
losses by Hie will be th" principal con
olfoyatlon of tne Jnlnl tnaatliuj of tha
fre liuiuranog ani hie proveniion cunts
llllttccs of Ilia r-ifcty PI Til Keller, r. loll nf
An.' i ica 1,1 be li. Id al ii biasl Thllly.
ninth stre, t to-day 'I'll. oontlll!l00fl
propose to suggesi a wi.ic ratuja of i'g-
lolatlon, including the SllgctmiMlt Ol i'ra
pravonllun laws m all the sittites. the ggy.
nolntmenl of frg m.irsiiw, ttm inaot
mOlll of inure autlUlrta huiiditig codca,
legislation reg dialing the tule, iloraflf
ami 1 1.1 10 ;, rial 1,111 of cxtdosives, legjife
latl.'h Hklllf tin' liability for tire loss lo
others cue.il by car lessiiesg or ulhaN
wis,, nnd ilia oatabHshntotri Ul a na-
tlonal flic prevention day
It in expected that u Purely First
Fun nh of .inly mrnmlttee will he ap
pointed with the vow tn mliilmillnn the
losses and a, ci, lents on Indepeiidenof
lay, i, msiai.on and regulation of a
notional Ptiargcter tu sum uraie u bans
, , I, ill . 1 1 1011 w ill ha 111 gut. Tile coin
in. Itees on Rio instil uic " and lire pre.
vent Ion are oomposed of many promt.
11 flic insillal Ill, ml- and asnrita.
Iqdl ig 1 : dhjj dgn 1 ; Hi m Vn derlokl
HUOsYell, WMtfni Uuorln nnd oUiera.'
1 ,., 1