New-York tribune. [volume], January 20, 1910, Page 12, Image 12

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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12
Index of Value
The worth of property is measured
by tTifi revenue It ca:i produce.
Earnings Indicate Value
Bonds secured by rnortea?c
on revenue producing- prop
erty with ample margin
constitute desirable Invest
ments, possessing safety of
both principal and interest.
Send for Circular V-4, giving a
list of bonds secured by mortgage, on
property yielding revenue veil in
excess of interest requirements.
Guaranty Trast Co.
OF NEW YORK
2S Nassau St., 33 Lombard St.,
New York. London, B. C.
FOR SALE
IS AMERICAN CHICLE COMMON
*O »n PONT <E. I.) DE NEMOURS COMMON
75 OTIS ELEVATOR rKH'KRKED
100 I'OI'E MANTFACTI KIM. COMMON
IM sVAI r l\ CAR HEATING A. LIGHTING
l«0 TEXAS <THE> OMI'ANY
FREDERIC H. HfiTCH & CO.
De&iers In Unlisted and Inactive Securities of
Pailroads and Other Corporations
■r. tbe Tnited States and Elsewhere.
30 BROAD STREET, NEW YORK.
. Tel. M4O to MSB Broad. Inclusive.
Brsnrh Other, 50 CONGRESS .ST., BOSTON.
Telephone*. 2MA-3541-2542 Fort Hill. •
Prtjaie .rrYi(.r,t-s between N^'w York and Boston.
Guaranty Trust Co.
Lawyers Title Insurance & Tr. Co.
• Title Insurance Co.
" Morton Trust Co.
' Equitable Trust Co.
DEALT IN.
CLINTON GILBERT,
8 Wall Street.
/;: GUARANTEED STOCKS
Dealt In t»y
EDWARD B. SMITH & CO
Banker*
f" Pine street. New York.
v E. Cor. Rroad & Chestnut Sts., Pbila.
Mtmber» New Tork and Philadelphia Stock
Exchanges.
WARREN, GZOWSKI & CO.
MFMBERS- TORONTO STOCK EXCHANGE.
Canadian Bonds
fORONTO. NEW YORK,
4 Colborne St. 25 Broad St.
Offtf«(. i onnert*d by Dirert Wire.
1852 $910
Jas. B. Colgate & Co.
S6 M'al! St,. ISaw Tork
" >n mbers an uimesic
y. V. »KTK EX. BOXDS
DIVIDEND NOTICES.
THF. BALTIMORE & OHIO RAILROAD
( OMIWNY.
OmCB OF THE SECRETARY,
Baltimore. Md.. January 13 l!>10.
rttt Board of Directors this day declared from
•• « • ■ ■• *>arninps of the Company for the six
rconths *nded December 31. 180S". h dividend of
Two i2> Per ObX. on ttM Preferred Stock of ths
Company, to fc« paid March 1. i-'J' to the stock
holders of record at the close of business on
February 1. 1910.
The Board also declared from the surplus eara
ir.E? sf the Company a dividend of Three (3i Per
<>nt. on the Common Stock of the Company,
r-ayable March I, I»1O. to thn rtoi kholders of
record at the close ef 1 isinesa on Februaiy 1.
3910.
The transter books \« iil not ■ tose.
C W. WOOLPORD. Beeretary.
YEW VOKK ri>TKAI. & HUDSON' RIVER
RAILROAD COMPANY.
Treasurer's Office. GracS Central Ftation.
K«w York. January 19th. 1910.
Xotic« is hereby given that the five per cent.
Three Year Gold Notes of this Company matur
ing February 1. I*W. will be paid at this offir«
o'; and after that date. Coupons should be de
(ached and t>re*ftnted peparately. Check* for in
terest mi Registered Notes will br mailed as
usttal. DWARP L. RQSSITER, Treasurer.
THK COKX l.\ill\ BAXK.
Hew York. January 19, 1910.
The Board gf Directors has this day declared
a qu»nprly dlrldend of four per cent. 4", 1 paya
t'e February Ist, 1910. to Etockholders of record
st the <loee of business January 22nd, 15«io
FREDK. T. MARTIX. Cashi«r.
j MEETINGS.
Guaranty Trust Company of Hew York:
28 _Va--;iu Street, New York.
A special meeting at tho stockholders of
Guaranty Tru.-* Company of Kew York has
b^n called and ■will be held at the office of
• y,. Company, Xo. 28 Xasrau street, in thr
Borough of Manhattan. City of Xew York, on
Tuesday, the twenty-fifth day of January,
IUIO. at 1 o'clock P. M.. for the purpose of
voting upon an scieciueni entered into and
made I v Tic Board of Directors of this Com
pany and tb« Board of Directors of Morton
Trust Company and the Board of Directors of
Fifth Vi -nu<- Trust. Company, pursuant to
S«-«"T ion SO cf the Banking Law of the State
of New York, for the merger of Morton Trust
«'ompany and Fifrh Avenue Trust Company
'.'■•<■• .Guaranty Trust Company of Xew York.
Det'-d K«w Tork. January S. 1910.
By order of the Board of Directors.
»LEXANDEH .7. HEMPHILU rreoident.
T C HEBBARD. Becrctary.
- MOKTON TRI'ST CO>rPA>Y.
36 Nassau Street,
Kew York.
A T""*' me«tins of th» etockholders of
Morton Trust Company will be lield at the
tflcp of the Company. No. 3S Nassau Street.
In the Borough of Manhattan. City of Xew
York, on Tuesday, the Tv.enry-flfvh day of
January. i;<in, at 2 o'clock P. M. for the pur
po?d cf voting upon an agre.rmrrit entered into
Snri made riy the Board of Directors of the
♦"ompany scd t!.e Board of Directors of Guar
anty Trust Company of Xew York and th<»
Postrd of Directors of Filth Avenue Trust
•ompany. ponuant to Station 38 of the. Bank
tr<f; Law of the State of New York, for the
•rierger of Morton Truot Company and Fifth
Aven-je Trurt Company into Guaranty Trust
Company cf New York.
Dafd Kew York. January fi . imo
'. By ordi r of the Board of Directors.
LEVI p. MORTON. President.
H. M FRANCIS. Kecretary.
FIfTH AVEXI X TKIST COMPAXV,
Ml FIFTH AVENUE.
NEW YORK.
• A Fr^cial ms»ting of the Etockholdeiß of Vlfth
>vnue. Trast Company will be held at the of
tic* ot the Company. No. 514 F;t;h Avenue, in
the Borough of Manhattan, City of. New York.
on Tuesoay. the twenty-fifth day of January.
PH9. at 4 o'clock P. M.. lor the purpose of
vo'Jng upon an saveement entered into and
■wde by the Board of Directors of the Company
and the Boar', of Directors of Guaranty Trust
< ompsny of New York and the Board or Direc
tors of Morton Trust Company, pursuant to
fcettlon Zii of the Banking Lav/ of the State of
yj— ' Yo.->. for the .merger of Morton Trust
Company and Fifth Aveaue Trust Company
Into Guaranty Trust Company of New York.
Dated S>v. York. January 8. 1810.
. By order of the Board of Directors.
LEVI P. MORTON. PresMeoC
JAMES M *»KATT Secretary.
ELECTION NOTICES.
FULTON TRUST COMPANY
OF XEW YORK.
30 NASSAU STREET.
It Urn Annual Meeting of the Rtockholders of
this Company held on the UKJ das of Januai i
l'< Jo. the following gentlemen were Imousfy
*>«=<. ted TrusT^«-s or Directors of the Company for
th»- term ending January, 1013:
Kdrin A. Cruikshar.k. Archibald D. Russpll
. H*nry K. J J orr.ioy. K:chard H. Williams
J. Roosevelt Roc-fctvelt. Charles M. New combe
Alfred E. Marling, Robert L Ocrry,
end th« foL'ov.jp:- centlemen as lassecton of
E!*rtlon for lft'l:
Newbold T. La .vrence, Percy R. Tjn*,
Honaid Towcsend.
HENRY W. EIGHLET H«M-etary.
Till-; CORN EXCHANGE BANK.
January 19th, 1910.
>. '...< annual Section held on the 18tn ir.st
tfc« JcJit/wing genJicjnen were 'lettf-4 Directors
er.d Inspectors of Eitction for the ennilnc \-ear:
DIRE(?TOKS.
DavM Binrhan.. Ttaomas T. Ba-r. William A-
Naiih. Ilowland Davis. <"*iartnc* H. Kelsey wni
Rhincland^r Btewart, William H. JCichols, Wa.:ter
E. Pkcv. William V Havemeyer. Henry £fchaet>r.
J»«ib lMae«lonh. Charles. W MoCutcnen. Andrew
liiiit. Philip L/-hn.an. ar..i Jimfg A. Macdonald.
INSPECTORS or LECTION
&dwin H. Peck. Preterlc J. Mi<Jdlei,rook. and
William A Avis.
At v. subsequent r.ieetins of th* Board. he'A
thle £a.y. by unanimous vot«. William A. Na*h
•nas elected Pr<»il(ient and Walter E. Frew Vice-
Pr»«iderit.
-F. T. MARTIN. • asbiet
New York. January 19 1010
THE ANM'AL HEETINO OF THE STOCK
HOI-PURS of Jaiiifcfc H Dunham & Co. was
fc»!<i at tfca office of the CkMßpaay. 340 Broadway,
Borourh of Manhattan. N>w York, on January
10 3010. The following Directors »kc fleeted
for dM MWOtaf year: William C. IZn^r-, William
H n*o4wln William A. UtUe, Theodore W.
L\i!ir>F. William E. IW-bb.
At a Wlmillinnt n.eeting of the Directors th*
foJJtwin? ofn<*re wre elected for tb« ensuing
y*ar: . resident. William A Little; Vl<> Presi
dent William K. Webb; Treasurer, Joluj R.
Brow:*' ri-!arv. Jann-js M Tappeii.
JAilEii -M. TAFPO. (secretary.
! STOCK PRICES MOVE TO LOWER LEVELS
NEW YORK STOCK EXCHANGE SALES— WEDNESDAY, JANUARY 19, 1910. ,
Sh'rslNetl j Actual Sales. 1 Closing. Sh'rsiNeti " j Actual Sales, TcTosine:.
sold, [chgel I Op.| Hi.iLowlFlnllßld.lAsk sold, fchge) | Op. Hl.|LowlFlnl|Blcl.|AsK
*»!— y* Allis-Chalmers Co I IS^; 13'« 13 13 13 13^ 6,000|-2?4 |Laclede Gas ll07*ill04a;il0-l% 105
700;— 1 Allis-Chalmers Co. Pr 160 ! F>o " 43 49 47 49 3001—1 iLake Krie & West, pr....... 6IJ/5I 61^:1 61 161 161 fi2
64,900-1% Amalgamated Copper 83% 84U 81Vi 81% 81% -81% 1.100-2 'Long Island 65% 65%| 65 165 64 68
400 American Apr. Chemical... 45 45 45 45 45 48 4,100-1 Louisville & Nashville 152 |153 |149»ii149%i143*4 I^*
2.3001-2*4 American Beet Sugar 44 44 41% 41*4 41% 42 300 +14 Mackay Cos 87%j 88 j 87^ 87% 87% 90
S,SOOj— I American Can 12% 12% 11% 11% 11% H3H 3 200- %■ Mackay Cos. pr... 76% 767*1 76% 76% <b% iS
700-1% American Can pr 7S" 78T3 77 77% 77 77% 100- $, Manhattan Elevated. 137 137 137 137 136 % i 138
6,800-2 American Car & Fdry 66% 66^4 64% 64%| 64% 65 200 — i Marine a.. 6%! 6% \6% 6% 6%|7 .
200| American Car & Fdry. pr. 117 117 117 117 116 118 >2,300-l% Marino pr 21% 21% 19% 19% 19% 20
2,000i— 1% American Cotton Oil 64 64 i 62 62 61% 62% I'OO,- Minn. & St. Louis !48 1 48- 48 48 40 148
100!-20 American Express 2SO 280 2SO 2SO 270 300 1.100-4% IM., St. P. &S. St. M 133% 133% 130% 131% 131?* 134
100+ % American Hide & Leather. 7% 7% 7% 7% 7% 7% 200 + \ M., St. P& S. St, M. pr. 152%!152% 1 152%;152J4 149 t lal
400-2 American Hide & Leath. Pr 43 43 42 42 41% 42 800 - M.,St,P.&S.St.M. Leased L. 91$ 91% 91% 91% 91% 92
2,0.»-% American Ice Securities.... 23%! 24 23% 23% 23% 23% 18.400-1* IMp.. Kan. & Texas. ... ... 4oY f 40% 43%| 43% 43% 44
700-% American Linseed 15% 15% 15% 15% 15% 16 20.0601+2 Missouri Pacific ex rights.. 67% 70_ 67% 69 68% 69
1,100—3% American Linseed pr 44 44 40V 40&i| 40% 41% 18.655; |Missouri Pacific rights A <h % r« — —
5.900— 1% American Locomotive 55% 56 52% 53% 53 53% 2,300—1% i Nat. Enameling & Stpg.... 24% 24% 23 23 £3 23%
20T-— 1 ; American Locomotive pr... 113% 113% 113 113 113 114 : 200 — % |Xat. Enameling & Stpg. pr. 96 96 96 96 90 100
200- American Malt 6% 6V. I 6 6 6 8 2.900— National Lead 85% 85% 83% 83% 83 83%
400-3 American Malt pr 36% 36%" 34 34 34 35 11,100 +% Nat. of Mexico 2d pr 26% 27 26%j 26% 26% 26-»
55.6C«)-2 American Smelting | 94% 95 91% 92 92 92% 400-2% New York Air Brake : 87% 87% 86 86% 86 S8
1.220'- American Smelting pr 110 110 109 1109 109 110 21,275—% New York Central 117%!ll8%ill5% 117 . 117 11<%
120'- % American Smelting pr 8.... 89% 89% S.o* 89* 89* j 89% 400-1 New York. Ch. & St. L 59 59 58 oS 58 61
1.600-2% American Steel Foundry... 64% j 64'- 62%! 62% 623-4:63* • 100 1 IN. V.. Ch. & St. L. 2d pr... 98 98 98 |98 92 100
5,200-2% American Sugar 122% 123% 120% 1121% 121 122 300;- % N.Y.. N. H. &H. subs.... 146 146 145% 14b% — —
6,€00;_2% American Tel. & Tel 138% 135% 186% 135% 135% 136 100-1% |N. V.. N. H. &H 154% 154% 154% 154% 100 lao%
200— % American Tobacco pr | f>3%i 93%! 93*' 93% 9.3 1 9;v%i 7.700—% New York, Ont. & West....| 45% i 45%: 43% 44% 44% 44%
300 — - American Woolen 133 ! 33% 33 i 35 | 32%! 34 2,300-1 Norfolk & Western I 97% 97% 96% 96% ffi'/s -97
400—1% American Woolen pr 101% 101JA 100% 100% 100% 101 100!— Norfolk & Western pr | 88% 1 88% 88% BSVs S8 §?_*
12,630 — Anaconda 49% 50%" 49% 49% i 49%' 50 3,£00-3* North American 79% j 79% 76% "6% <6% 77%
45,300-1% Atchison 119 115% 117% 117 117% 24,860 — % iNorthern Pacific 133% 134 131%1132 131% 132%
600— Atchison pr 103% 103% 103% 103% 103 103% 100.-3% Pacific Coast 112 112 112 112 112 116
2.200-2% Atlantic Coa^t Line 131 131% 129 129 129 |130 100 — 1% Pacific Coast 2d pr 112% 112% 112% 112% 112 • lib
9,900!—% Baltimore & Ohio 116% 116% 114% 115 115 115% 1.6001— Pacific Mail 35 i 35 83% 33% 33Jt 34
100 — Baltimore & Ohio pr 93 93 i93193i 93 !94 500'— 1% Pacific Tel. & Tel !40' 40 38%j 38% 3,%| 39
100-1% [Bethlehem Steel 30^ 30% 30% 30% 30%| 32 42.750—1 Pennsylvania Railroad .... 133% 133 vs 131% 132 ,131%i132*
230-2 Bethlehem Steel pr 65 "65"| 64 164 I 63%) 64 500 —2% Pennsylvania R'road subs.. 130% 130% 130% 130% — —
13,562-3% Brooklyn Rapid Transit .. 75% 75% 71% 72*1 72$ 72* 4.700:— jPeople's Gas & Cike 112% 113% 112 112% 112 112%
600-7% Brooklyn Union Gas 158% 155% 152 152 151% 155 1.600-1 P.. C, C. & St. L 98 98 97 97 1 86% 97
100-2 Brunswick 115 15 !15 15 — I — 8,800-3% Pittsburg Coal 22% 22% 119 19%| 10% 20
100-5 Buff., R. & P 101 101 101 101 !95 1 107 1.500-1% Pittsburg Coal pr 73 ;79 75 W 74 75
1001 'Canada Southern \7O 70 70 :70 16S 72 1.300-2% Pressed Steel Car 46% 46% 44 44%! 44 44%
3.203;-% Canadian Pacific 180% ISO% 179 f179% 179% 220-1 ; Pressed Steel Car pr 103 103 103 103 103 104
6.400,-2 Central Leather I 43% 43% 41% 41%! 41 141% 70D Pullman Palace Car 190 190 JIS9 190 189 190
200—1 Central Leather pr 107 107 106% 106% 106 106% 1,100—1% Railway Steel Spring 1 46% | 45% 4o 45 14a 146
SOOi-2 Central of New Jersey 300 306 300 |3t>> 300 310 400]— 1 Railway Steel Spring pr... 106% 106% 105% 105% 105 106
45,500|-2% Ches. & Ohio 87 87% S3 84% 84% B*% 174.100'— 1% ; Reading 161%[163% 155% 159% 159% 159%
530_3% Chicago & Alton \64 64 60%) 60% i 60 i6l 100 - % Reading Ist pr ' 92*! 92*; 92% 92% 92 ,93
3,440-1% Chicago Gt. West- new ! 32% 82% 30% 81% 31% 31% 1.700!- % Reading 2d pr |I<lO* 1101 100 100 99% 100
900;— % Chicago Gt. West new pr. 60*4 j 60%! 69% 1 60 i6O i 60% 5.600—1% Republic Iron & Steel 40% 40% 38% 38*! 35% 3^-3
84 OCiC' + % Ch., Mil. & St. Paul .147*1148 145%1147 1146%|147 ' 1,6»X), — 1 Republic Iron & Steel pr... 101 101% 10> 100 100 100%
300 — £ Ch. MiL & St. Paul pr 168 !16S 167% 167%|167%|161 36,600-2% Rock Island 44% 44%. 40% 40%! 40% 41
I,ooo— Chicago & Northwestern. ..'lsß 158% 156% 156% 156% 157% 1,600[— % Rock Island pr 84%' 54% S4 84 83 g*
2,291 — - Chicago & N'western rights 14%' 14% 14% 14% — I - Soo'-l% St. L. & S. F. 2d pr 55% ! 56% 53% 53% 52% 53%
103—5 Ch. St. Paul, M. & 0 145 145 145 145 145 155 2,600—1% jSt. Louis Southwestern 31 131 28% 29% 29% 29%
lOO— U Chicago Term. Tr :2% 2% 2U 2V> - — 900—1% St. Louis Southwestern pr. 74 !74 72% 72% 72% 73%
100? —^Chicago Union Tract f 4%. 4% 4%" 4% 1 4% 5 500—2% Sloss-Sheff. Steel & 1r0n.... 81 !81 SO SO 79% 80%
100L_a- Chicago Union Tract, pr... ;10 '10 10 10 • 9% 13 300—3 Sloss-Sheff. Steel & Iron pr|ll3 ,115 115 115 115 119
400 l— 1% C C C. & St. L (79 179 7S 7S 78 79 74,300—1% Southern Pacific 1 131% 131 12S 128% 128% 128%
5,9501— 1% Colorado Fuel & Iron 45* 45* 42% 43 42% 43 7.000 — Southern Railway | 30% l 31 30 i3O; 30 30%
200 +7 Colorado Fuel & Iron pr....!112%]120 11234 120 112 — 3,400,— % Southern Railway pr I 68%j 69% 66% 66% 66% 67
SOO— 1 Colorado & Southern 5S 58 66% 56% 56% 57 1,500|— Tennessee Copper [37 !37 86% 36% 36 1 36%
S4oj Colorado & Southern Ist pr! 81 81% 81 ) 81* iSI 82 3,300!— I Texas & Pacific*. 32% 33 20% 30% 30% 31%
100 +% IColorado & Southern 2d pr. ; 80 80% SO | SO% SO SI 2,200—1% Third Avenue Railroad : 15% l 15% 15 15% 15 15%
43.175'— «% ; Col. & Hock. Coal & Iron.. SS% 88% :25 33 132 34 t 200— Toledo Railways & Light.. | 13%! 13%j 13 13 12% 13%
26 700 '—5% IConsolidated Gas 152 153 143% 146 155% I£6 SOOJ— % ; Toledo. St. Louis & West. 150 150 4S%i 45% 48 49
6,500— 1% Corn Products Refining.... 20% 20% 19% 19% 19% 19% 600—1% Tol.. St. Louis & West. pr. 65% 68 ; 65% 68 ! 65% 67
70ftl + * Corn Products Refinins pr. S4*! 84* 84 i 84% S4 i 54% 800— % Twin City Rapid Transit.. .[ll3 113% 113 113 I 112% 113%
1.100;— 1 'Comstock Tunnel ' .35 .35 .33 1.33 — — ' 220— Union Bag & Paper: : ll%j 11%! 11% 11% 10*| 11%
12001—2% Delaware & Hudson 177%{178 174 175 175 176 ; 100! Union Bag & Paper pr !70 70 !70 70 |70 75
100!— 10 Del.. Lack. & We5t.... "..... 1590 590 590 590 650 610 150,7001—% Union Pacific |192%|193% 188% 190% 190% 190%
6.450— y,l Denver & Rio Grande j 44 3 4' 45% ; 42 i 42*: 42%: 42 2,800;— % Union Pacific pr 100% 100% 99%|100% 99%100
3100—1 Denver & Rio Grande pr... SO% 80% 79 79 1 78% 79% • SOO — % United Dry Goods pr lll%!lll% 111% 111% 111% 112
goop-sj iDlstilline Securities ! 34% 34% 33% 33%] 33 j 33% noi United Ry. Investment pr.. 70%! 70% 70% 70% 69Vi» 70%
4TO—2 iDuluth, South Sh. & At. pr. 29% 29% i 28 [ 28'"' 27 129 : 600— %U. S. Cast Iron P. & F0... 29% 29% 29% 29%f 28%j 19%
5.700 I—l%1 — 1% Erie 31% SI %! 30 30 29%,30 200 +1 United States Express 025 125 125 125 127 130
l.flOOi—ll4 lErie Ist pr 49 J49 47%! 47%: 47%! 48 400-2 U. S. Realty & Imp ! 80%; SO% 78 178 77% 78%
700— [Erie 2d pr ' 35% 35% 38 138 37% 38 2,900—2% U. S. Rubber ! 46%' 46% 44 !44 44%! 45
yd—l Federal M. &S. Pr 83% 83% 83% 53% 83* | S4J-; 5,000—% U. S. Rubber Ist pr 112%112% 111% 111% 111*111%
50 '.General Chemical Co :97 97 197 97 i 93 1 95% 200—2 " U. S. Rubber 2d pr. ] 80%! S0 4 So%| 80% 7S 180
SOO— I% (General Electric Co 154 154 153 (153 152 153 351.6001—2% United States Steel 84% 84% 81% 81%| 81% Sl%
23 Or«j + % Great Northern pr 1 132 132% 130% 131% 131% 131% 5,200—% United States Steel pr 122%!123 121%122%1122 122%
4.600!— 1' Great Northern Ore ctfs. . 73%j 73% ! 71% 72 ; 72% 173 6.400'— 2* Utah Copper j 52% 53% 51 :51 151 ! 51%
lOOJ lHavana Elec. Ry- pr....56. 96%] 96%! 96% 96% 96»/o| 97 I; 7.000'— Virginia-Carolina Chem. ..I 54% 55 '52 : 52% F>2% E2%
800!— % illlinoisi Illinois Central 142% 142S 141% 141% 142 142% 100—2 " i Virginia Iron Coal & Coke. 167 i 67 67 ]67 ■67 169
54,30<v_2?4 'Interbor.-Metropolitan I 23%] 23% l 20 i 20a; 1 2* -sl 20% 75! Vulcan Detinning pr 176 {77 7*5 ■ 7*5 ' 76% S5
35500|— 41*. Interbor-Metropolitan pr.... 60%[ 60% 55 56% 56%| 56% 6,7001—1% Wabash I 22% 22%! 21 21 i2l 21%
500-3% International Harvester ... 121% 121%!ll9 119 118%|120 13,4501-2 I Wabash pr 60% 50% 47% 48 48 48%
700 I—IV,1 — IV, International Harvester pr. 126 |126 124%|124% 124* 125 12,1001— Western Maryland 62% 52% 49 ' 49% 49* 49%
20ft - % international Paper i 14% 14%! 13%. 13% 13% ,14 1001+2 West. Maryland warrants.' 62% 52% 52% 52% — —
40)L_1% 'international Paper pr 156 56 i 54% 54% 54 ;55 1.300!— * Western Union Telegraph.. 1 73% 73% 72% 73 I 72% 73%
S,«oi_l% j international Steam Pump. : 50 ;50 148 j 45% 48% 49 2.s»JO; — 2% Westinghouse Mfg >73 74 71 171 71 72
300 i — - (Internat. Steam Pump pr.. 89% 89*| S9 89 SS?* 90 ' ISO i Westinghouse Mfg. Ist pr.. 12$ jl2B il2B 129 133
SOO I—l1 — 1 lowa Central !26! 26 25 25 24 !25 j 700 Wheeling & Lake Erie 15% 5% 5% 5%J 6 6%
2SO!— llowa Central t>r ;48 148 47% 47% 44 i 47 200 + % Wheeling & Lake E. Ist pr.l 12%: 12% 11%! 11% 11% 12"
2,375—1% Kansas City Southern , 40% 40% 38% 38% 3S%j 39 - 100 — Wheeling & Lake E. 2d pr. 7 7 7! 7 I 7 7%
200— l a 4 Kansas City Southern pr...l 6si'n 6SM,! 67% 67% fi7i-..' 69% 2001—% Wisconsin Central | 47%' 47% 47%! 47% 47 1l1 l 50
Total sales for the day, 1,664,458 shares, compared with 514.123 shares for the corresponding day in 1909. .
Total tales, January 1 to January 19. inclusive, 14,953,300 shares, compared with 12,491.126 shares for the same period in l? 09.
FINANCIAL MARKET
MOST STOCKS DOJVX.
Break h Hocking Coal Causes
Heavy Liquidation in
General List.
Stock market prices opened at ad
vances as compared with Tuesdays final
figures, and maintained a fair degree of
strength until the development of weak
ness in Columbus and Hocking Coal and
Iron and the announcement of the fail
ure of two Stock Exchange houses, when
thf entire list declined under the press
ure of liquidating sales and bear opera
tions. The collapse in Columbus and
Rocking Coal and Iron stock and the
financial difficulties of certain Wall
Street firms were the aftermath of last
year's reckless speculation. Fabulous
pricf-s were predicted early in 1009 for
the issue named by the bull pool inter
ested in it, and while the intrinsic merit
of the security warranted a price in the
neighborhood of 20, the manipulation of
the stock tarried its market valuation to
Ol l^ on December 31. compared with the
closing yesterday at 33. against 21% a
year ago. The course of the stock mar
ket since January 1 has been entirely in
line with conditions created by the spec
ulative orgy of the preceding twelve
months, and efforts by bankers who
make their living on lending money on
speculative commitments to create the
impression that stocks are declining
because of the position of President Taft
on government regulation of corpora
tions are absurd.
II the Stock Exchange would adopt a
system of control by which manipulation
could be made impossible there would be
no Rock Island and Columbus and Hock
ing Coal scandals. It is worth noting
that a bill was introduced in the state
Legislature yesterday prohibiting deal
ings on margins. The enactment of a
law of this tort would close most of the
Wall Street commission houses and re
duce bank dividends. Wall Street would
better wake up. The. only important
weakness in the early trading in yester
day's stock market was supplied by the
Intf rborough-Mc-tropolitan issues and. to
boom extent, by Brooklyn Rapid Transit,
which declined in sympathy. Interbor
ough-Metropolitan common sold down
more than 3 points and the preferred
more than 5 points in the first hour, the
two issues closing off 3 and 4U, re
spectively, the selling apparently being
for interests Mho desired to convert
paper profits into cash, on the theory
that with the statement of Mr. Shonts
that the house of Morgan is ready to
finance the construction plans of the
Intcrborough Rapid Transit Company no
farther bull new* on the local trans
portation lines need be expected in the
near future.
The gf-lling of the Hill shares was well
taken, and in the best informed quarters
mo uneasiness was felt over the dividend
prospects of the Great Northern and the
Northern Pacific in the face of the com
petition for transcontinental traffic from
the Chicago, Milwaukee & St. Paul's ex
tension to the Pacific Coast. The presi
dent of the Northern Pacific yesterday
was quoted as saying that the St. Paul
must inevitably get some of the business
now controlled by the Hill lines, but he
added that the development of the.
Northwestern states in agriculture,
manufactures and population was prog
ressing at a rat<- that would supply
enough traffic for all roads in that terri-*
tory. Farming has becouM a business
In the Northwest, and that section of
the United States is a poor country to be
bearish on, even though the railroads
may place their dividends on a tempo
rarily lower basis. Northern Pacific
stock has declined 2tJ points from its
high level of I'M), and Great Northern
je down '2Z> pom««. chile fit. Paul is IS
MEW-YORK DAILY TRIBUNE. THUBSDAY. JANUARY 20. 1910.
points lower. If the dividends are to be
reduced the announcement has been
pretty thoroughly discounted in market
prices. Chicago & Xorthwestern com
mon stock is now 41 points under its high
point of last August, and according to 1
Street gos?ip it also is a candidate for a
smaller dividend. Great Northern and
St. Paul ended at net gains, and good
buying was reported in all sound secur
ities in the afternoon slump.
The heavy receipts of currency from
the interior last week are not likely to
be duplicated in the current week, as in
terior exchange on Xew York has
changed materially, while rates for
money at this centre do not hold out
the same inducement as they did in the
first two weeks of the year. The banks,
however, are gaining on their operations
with the Sub-Treasury, and it is quite
probable that on all accounts a modest
net gain will be shown in Saturday's
Clearing House statement. Call funds
apparently have settled down to ao l to
S4S 4 per cent basis. Sterling exchange is
still at the level that permits gold ship
ments from here to South America for
the settlement of London balances, and
unless foreign capital is attracted to this
country by the decline in <vur securities
prices sterling will continue to rule
against New York for months to come,
ing to our growing imports of mer
chandise and falling exports. As lower
prices for American securities do not
represent depreciation in the actual
worth of our investments, it is quite
likely that European money will soon
seek employment in this market.
»
BOND MARKET SALES.
10000 Jap 41*!? X>V: 1000 L & N Unlf
1000 do 05 I 4s IM> T^
15000 do 4s 884 1 1000 do »9» t
1000 do SSV, 11000 Man Con 4s
3000 U S of M 4s 05 j Stpd 88
1000 do 5s 00 I 7<"»«v» Marine 4»-s.. 6!>
1000 Sao Pss ... 96% 1 MOO do "... Hf»U
.VXX) Va 6s Defd 1100001 10000 do 6fe*i
Ctfs 4» ( GOOO do 69i'»
2000 NYC 4^B 5000 M C Ist Inc
IM7 109 Ctfs 28
1000 do 108% i 5000 M C Deb 4?. ••*.'
0000 do 4s 1957 007s 1000 do »l J -j
2000 do U'JM: 5000 M & NT M L.
16000 do 195»... Of»vj i 45s 100 1 ;
37000 do 09*4 1 6000 MX& TS F
10000 Adms Ex 4s 03 4%s 90' s
10000 Alb & S 3i*3 09' i 3000 do 90
1000 Allls-Ch 6s. 83V4 3000 Mo P Ist Col
3000 do S3T4 5s 10214
1000 do 83 20<V> X Xl R R 4s SI
11000 Am A C 55. 102 10000 X R R of M
1000 Am C O 4^s 07 Ist Con 4s. 82
•JOOO do fMHi lOOrt do S2'i
1000 Am D & Ir.i 1000 N Rys of M
5s 10S!£ Gen 4s SB*i
2000 Am Ice S6s 72.i 1000 do 4^6 94 : i
1000 do .. 72 ' 2000 X V C Gen
4000 Am II A I- i 3HS 91-3
6s 101 6000 do JU*,
5000 Am T & T t"O00 do .... JtUi
Cvt 4s .. 108^1 9000 do Deb 1934 85^
21000 do 103 ! 4000 do 05%
2000 d". 102* i 12000 do L S Col
25000 rio . . 102«-i 3%s SI
f-i'<cn Am Tob 6b.106\| 1000 X V C & St
10000 rl . . . .108% Deb 4s 91
23000 do 106-^ 6000 X V G&EL
DOOO rio 4s 77% H& P 48.. S4
lOftO flj 77 3 4|10000 ,-'o S3*i
1000 do 77S ' 3000 dr. 83 T
5000 Armour 4'- b »4 j 2SOOO X V NH & H
15000 do 03»i ; Deb Cs 134V4
1000 AT & S F 1 42000 do 134>4
AJ 4s Stpd 04\, 10000 do Cvt3%8.100«4
1000 do Gen 48.100'4l 3000 do lOO^i
1000 do 100^51000 do 100-%
18000 do 100'j,! 1000 X YO & W
88500 <1o . ... 100 i Ref 4s 5V>4
5000 do Cvt ss.llßU|lßooo X V Tel 4^s
60000 do ijß*| Rrts ...... 9S>;
10000 do 1177, 1 i,-.r>oo do 98>4
20000 <1o 1171 ■! 1000 X & W- Con
2000 .lo 117 I 4s PS*;
,V>oo do Cvt 4s. jim., 3000 do Cvt 48.. 101
8000 do 118 "1 5000 r)o 100"i
55000 do 117?il •-tJOO ,| n pC 4 C
r '"«> rio nfi 1 4s . . . . fit«i
00000 do n*\ 10000 dO ■ 89»*
10000 do Hs%| 1000 Nor Pao 35.. 7:;'
3000 do T S T. 15000 do 4s 102>;
4s 941,1 500 rio J01»i
6000 At Cnast 4s 04 I 8000 do . 102»i
34000 do t. & N 5000 OR£• N Con
in . OL-V ; 454 5 07
10000 do .. . 92% 1 0i10 Or" S L, Ist
I.ViOO rio . njs^ <-os SS. 1U
22000 do . . '.-m;,i moo do otd Ref
'""■''"" do . ie"/ 4* f»4>
; "'O nA: O Gold I 2000 rio ... f)4«i
4s . . BAHTIOOOO V T * T fci» . Oft
WOO do . POHI 1000 <io .... 89%
fl "'" p do 90^128000 <io 3'4s 1015 f»5
iOOO il'iPLEi I 11000 do 98H
■«• V 48. 92Til 85800 do 06
v!;^ do s-»- 3t -4» OOVil 2000 do 4n 1948.104' i
1000 Beth Bt] R«. SR»;t COOO p M Ref 4s. TBH
?™ "■■ • . 88UI1O0O0 .lo 71%
.'OOO n & 7th Ay *! 1000 Read Gen 4s. M\
-/^ '■* ''on Ri.lflj I 10000 do ........ 00' i
jono b TI T 4b... 84% l 2000 Rio n W <• t
]"hhui do ">4'4 ' 4s ..... ... 8.14
J222 '' ■ '*• | 2000 r< \v'i-"6'5 8 1091,
10000 do S4 H| 4<hh, Bl ,T I G 1
BAM do R3<s, I 1f( 94
JWW SO ••■••■• s'v.i 1 '.MOO st l. i' lit' '& '
1000 C of On Ist I so Gen .'.« ,n, n! 4
B-M Inc Otfß - •• 87 I 4<f-f rtti Kef **■■ S4"i
■880 do 2.1 In.' 1 8000 St 1. *■ F B
, _ . • . Cffs ... U I R r,,u 5b.. W ■
14000 Cent L. 3e. . . &041 2000 do . . 88%
BOND MARKET SALES.
7000 do 90^: SOOO do SS
2000 C P Gtd 4s. 07V 10000 do Rei 45.. ■ <: 4 1 i
7000 C & O Gen 11000 do 84
41-s4 1 -s 102 Vi 1000 St L. Swn Ist
16000 do 102 V; j 4s W
it'KK) do Con 55.1 l3 7 s: SOOO do Con 43.. 7S* 4
1000 C & A 3»ts. 74V4 2000 do 78%
3000 Chic B & Q I 2<V>o do 7S?i
Gen 45. ... f>S T s 5000 S A. T.. Gold
7000 do . '•'!> 4B 86
136000 do Jt 45.. 96=s 10000 So P C T 4s. 93 3 i
7000 do 96% 1000 do ...... I>3'4
1000 do P6*i ; 11000 do Ist Ref
23000 do Reg... 96^i 4s MH
1000 do 111 Dlv 27000 do Mis
SVjs 71000 do Cvt 45..103U
5000 do 8» ! 52OTK) do 103U
42000 CM4- St P J 38000 do 103
Gen 4s A. IOO 175000 do 102T4
15000 <lo 100 V. 7000 do 102**
25000 do 100 1115000 do W2%
1000 C R T & P ! 157000 do 102* i
Gen 45.... 30000 do -..102U
r.ono do 9SV 190000 do 102"&
2000 do ' 63000 do 102%
5000 do Rep .. »8 i 21000 do 102%,
1000 do Ref 4s. 91% 1 11000 So Ry Gen 4s SO?;
4000 do 91% ! 6000 do SOTs
2000 do 91^ i 22000 do 80%
0000 do 01%| 2000 do SO%
17000 do »1 I 0000 do SOU
9000 do RR 4s So\l 1000 T C T & R
20000 do 80V. I Gen 5s 108%
10000 do SO%! 1000 T& P Ist 55. 11 l
10000 rlo 8O»4 ! 35000 Third Ay Con
17G000 do SO | ■ 4s Stpd 67 s
4000 do r t r«s. lo2^l JOOO UEI L Inc.. 33**
11000 Col &• S Ref I 1000 U P Ist 4s..l01»;
& Ext 4Us 97%! 11000 do lois,
40000 do »S ! 9000 do 101^
1000 Col Ind 5?.. 81U|l500rt do Ref 4b.. f»7»;
13000 Cpl M Ist 4s SOUI 4000 do 97% :
10000 do RO I HOOO do 97
SOfiO CC & T ss.]O4a ; 8000 do C\i 45..111T8
1000 C & 9th Ay 86000 do 112
Ist .. .. 100%! 158000 do Ill 1 ,
1000 r>n & R G 55000 do .._ 111%
Con 4s .. 96% 25600 do 11l
14000 do Ref ss. 94 1 80000 do 110 ;
3000 D Sec C ss. 73 42000 do 110 T lj
1000 E TV & G ' 17000 do 110 1
Con Ist 114 1 1000 URyofSt L.
1000 Erie Gen 4?. 7G»; 4s X"'i
200 riO do p C T I 5000 US R Imp
4<« 564 1 Ps 03
1000 do 8fi 4 ! 1000 do . 021J
or> o do S6U 12000 U S Rub 6s. .103 ;
20000 Gr B Deb B 15% I 8000 do . 103t,
20000 do ... . 15U 49000 D a Btl s'f
4000 Gen El Deb JS S . . . . 5041:,
5s 145 37000 do 104%
1500 do 144 1000 do . 104' i
1000 Hock V lßt 500 do Reg 104%
4#s 1024 1000 Va-C Ch Bs.. o^'-..
1000 Int-Met 414 1 .s 52%! 1000 do . . 98 5 i
15000 do S2U ssooo TVab r" *Et
1000 do 82%| 4b " 74
SOtX) do 82% 1 12000 do " 74.i
47000 do R2^ 1200001 20000 do ' T3%
1.-iOOO do S2 12«0001 2«000 do ' ' 73U
16000 do 81% 20no do .. " 7^ii
iosf>oo do SI?; I 7000 do '" n
fi4f>oo do gl%| 100<1 do ... "' 7.-»ii
15PO00 do Rli:. 1 10000 do " 7"»:
13000 do Sl»g ! 31000 "Wab P T*ist
16000 do gi% ctts .. 4SU
67000 do St |S.VW> do . . ' " " 4^'
2SOO*-) do 40000 do ... ' ,, ' ' 47U
7000 do 81% 5000 do ... ' ' 471?
23000 do . .. SI 15000 do . '47
10000 1&G NTN T rts.no«;hoooo do Sa'ctfi* 7
7000 Int R T fis.lo3 1 12000 West Md 4s' 80
2000 Int B P ss. OfiU ! 3000>"> do -•' Ssl:
5000 T C Ref 4s. 375 1201100 do 'ki
1000 XC & P Ist !>2 I 0000 do " ss»4
2000 do 93^1 5000 do '" ST.v
7000 KCP B & 20060 do " " <CVC V
.;; M 45 81% 0o.» do ..■.".;;■" VI
2'^^ do 10000 do r-nvt 4s
3000 X C So 68..102H1 Ctfs Tl
11000 do 3s 7S COOOTVesr s' h "4s" "ioii:
2000 Z. G Ist 85..108 I 5000 WSF 5s W 4
20O) LB ft Si BO I f>ooo do ' " " atU
Deb 4p.... 84%| 5000 do 'Si ,
1000 do 94%) 1000 T\- r vt '•■ "
lf^>o do 4s m.31 04'»! A "1013
1000 LV Pa Con | 5000 wis C Gen B4U
4s neutsoooo do <u-.
1000 LftN C T "' 5000 do .V.":.;', c (4 V
5p 110 ] * *
Total sales of bonds. $3,?21.500.
COLLATERAL TRUST NOTES.
Maturing 1009-*22.
(Furnished by Swart wout A ArpenziMlar No 4rt
Pine et.)
Name Maturity. BJd..A«ki£ P vi23'
im Cigar 4r c, Mch 15. 1!.!1. J»BH <,^:' Jrl s'gi
do 4P c, Mch 10. 191*.. . 97 9714 s!
Atl CL.S pc. Mch. 1910 100 |oo«Z 5"J2
l^eth Steel 6 p c. Nov. 1014... 99% 100 B Afl
«', H&D4 pr. July. 1013. ... 96H ft7'i 4 1(V
C. C, rfcSl> 5p r, June, '11.100% 101 l«o
i> &II tqts 44 pc. July. ''22. .101 < in' 4To
• '.«n Rubber 4J4 J pc. July. 1918 93 941., .'r
Hudson Cos 6p c. Oct 15. ii fw " 101 " V--
Inter RT6 pc. May. 1911.. .10:51; io4>: 200
X C R & L. « p r. Sept. 1912.. 97 M 1> ••'
do 5 p c. May 15. 1913 06 }>7 Ran
Lark Bt (5 yr) 3pc Mch. '10. 99«; lOOti Voa
do (1 >r) 5p p. Men. 1910.. 99% loou I'„
LSi MSD pc, Fob. 1010.. 99% ]o<) ,? 4-j
Louis ftlN.'Sn c, Mrh. 1910.. 100 100% \'m
Mich Central Bp c, Peb. 1910. <>;»7^ 100 j. : (l<l
Minn AStLßpc, Feb. 1911. B0 'to* I ■< »
NVCJtII Rsp c. Feb. 10.99% 100 > 4 Si™
NVi; Ls en .r.. r . ne. Nov. 'lii-'1!>..4 I,' ,-,'. ,-* . k.,,'
NV.NH &H 5 pc. 1010--12.100 101 »: " bd!U
Norf &\VO pc, M*y. 1910, |00% ioo>2 • >,]
Perm Bp 1: Mch 18, 1910 00 io.v" ■■ On
St L&•SF 5p c. Jan. 1011.. <)9 jmU itu%
do 4H pc. Feb. 1012 m 97 2"S
Southern Ry 5p r. Feb. 1010.. no*i Knl'i 4«a
Tidewater 6p c. June. 1913.. 101% ij?»u .. J
West E ft M « r 1-. Aug. '10..100H 101 25
,
GOVERNMENT BONDS.
The following I .^^■s y«starday' cloaioc
u"rn at^" S sd f ay' SS R Vernment bond- - compared
IT. S. «.. re 8 .. 1030 *Sitffi& lS»
1 ' 8« ■•■ '■■•" i--' . in-, foo^f?
I?. S. 2». coup.. i-" mo , - " vu* ll " ■
1 B:: coup., 1908 18 lo E «|gs
' S 4s, ret . 19» ... m , ,:,; '.' •
r B*■ "» »» "it i 15% iiii 1 '
Panama 2». rrp.. jmAHjoo^ 01 ,V, * V *
I'aua.ua U, coup.. IBBa too 10 { »J| [qj
INACTIVE STOCKS.
T-. following were til- last actual sales
and the closing quotations for stocks In
which there wero no trar.racttons yesterday
on the New York Btoeb Exchange:
Last Closing.
sale. Bid. Ask'd.
Adams Express 245 24. r . ■•' -1
Am Agr Chem pref 10.1 101 1W
Am Beet Sugar pref J>3?i 9<> P*
Am Coal 120 10«» IW>
Am Cot Oil pref 103 101 >2
Am I)l«t Tel 20 JJ 9
Am Sugar pref 121' i 119 ';.
Am Tel & Cable 83 70 7.
Ann Arbor — I 5
Ann Arbor pref — . — °V
Batopllas Mining 3'i S ♦
B X & P pref..: 133 12« 13«
Buffalo & tJiisq pref «2 — '"
Butterlck Co S2?S 32 l 33
Cent & So Am Tel 1H 11» 1»>
Chic & Alton pref 70 • -—r." • .\i
Chic & E 111 pref 118 — 118
Chic B & Q 225 M 8 —
Chic 1& L- pref 90% . m oO
C St P M & O prer 180 160. 1..)
C C C 4 St L- pref IM 103' i 10!
Cleve & Pitts tn 174 —
Consol Coal »' x * 100 —
Dcs M & Ft D 9 '' i»
Detroit United R R «1 s!l > 7"
D S S & At 16* l^a -l^H
Evans & T H 68 ■• «-
Evans & T H pref 85 -'a W
Gen Chem Co pref 104 103!, 104«4
Granby Mining 112 — II- .
Havana Eiec Ry 9<> CO ,?V S »
Hocking Valley US!, 108 , 110
Hocking Valley pref 88 — f>
Homestake 88 SJ *'
Ingersoll-Rand Co 70 90 —
Ingersoil-Rand Co pref. 84^j *' —
Int Power 30 sl * 22
Kanawha & Mich BB 35 &>
X C Ft S & M pref 7P' 2 '• »O
Keok & D M 9 " »
Keok & D M pref 444 4<» 45
Laclede Gas pref .... 03 J>" £S
Lake Erie & West 24 '«."<> -*
I/ike Shore 320 300 400
Manhattan Beach -T •* 6
Maryland Coal pref 90 PO —
Metrop St Ry 25 29 217s
Mich Central — 148 150
Minn & St L pref S* '■' 83';
Mo Kan & Tex pref 73 73 ••■Ii
Xash &- Chatt 189 13-'» 13S
National Biscuit 118% 110 112
National Biscuit pref... 121 125
Nat Lead preT 109 ios>* 1 10 ,
Nat of Mcx pref. »>lri «'-V 4 K3'a
New Central Coal B2 30 «>
NTC & St L Ist rref 100 105 110
N V Dock 35 37 40
Ontario Silver 2»J 2 l 2 8
Pacific Coast Ist pref... 100 108
Peoria & East 25£ '-- . 2S
P C C & St L pref 1145.4 U 138
Pitts Ft W & Chic 17"'-j 173 —
Quicksilver 8% 814 3J.4
Quicksilver pref l\i 4 4*
Rens & Sara 200 195 —
Rome Wat & Ogd 12« 124 —
Rutland R R Co pref. . 3« 88 88
St L & S F Ist pref 70^ 69'; 70' i
St L S F C&E I ctfs. 180 I%<>
StL&S F C&E I ctfs pf.120 11W4
StL&SFC&E I ctfs new. 65 i 634 *>_>
Sears-Roebuck pref 120U(J 121 12.)
So R R M & O ctfs.... ''•>, 81 90
Twin CRT pref 140 14A 1«>
United Ry Investment.. 89% 4O^ 4A4 A
United Cisar Mfg pref.. 110 10<5 11"
U S C T P & F pref S2 SOU 83
U S Reduc & Ref 9 8 12 '
U S Reduc & Ref pref. . 29»4 — ,--9' i
Va.Car Cbem pref 124 11° 1 23
Wells Fargo Express. .. 1»6 175 155
■ —
OUTSIDE SECURITIES.
A further sharp break occurred in the
market for outside securities. Almost the
entire list fell oft in sympathy with weak
ness in the stock market. At the outset
some irregularity developed, although at
first the fluctuations were within narrow
limits. Before midday prices broke openly
on heavy liquidation all through the
higher priced copper stocks and indus
trials, and declines extended from a
small fraction to more than two points,
the heaviest losses being sustained in the
high priced industrial and copper shares.
Considerable buying in for the account or
one of the failed houses in the mining
stocks was instrumental in bringing about
a recovery in these issues. Small rallies
followed low levels, but this was again
offset later by fresh selling orders. The
severest declines were in Ray Consolidated.
Miami. Nevada Consolidated, Giroux. Kerr
Lake. British Columbia and Chino. In the
low priced issues Consolidated Arizona
Smelting. Union Mines. Ray Central, Ely
Central and Alpha Copper were down about
14.1 4 . Good buying is reported in Alpha Cop
per, which hepresents a money making
producing company. Standard Oil and
American Tobacco wers> off two points.
Bonds were quiet and irregular. Detailed
operations follow:
INDUSTRIAL.
Sales. Open. High. Lo<v. Last.
17SAm Tobacco. .. .419 41l> 410 415
10f)Ani Wr P pf.. -! 29 S3 23
500 Day St Gas.... % il ** ti
4,000 June Oil ...22 22 20 2O
2,000 Manhattan Tr. 2!s 2 l s - -
800 Sears-Roebuck... 157 157 151 1«>1
.m) Standard 0i1...649 i rt49'£ 6!H 643
.SOOUn Cigar Mf...*B9*i *89% feS SSU
2.400 U SLt & H.... 2?i 2?i 2'» 2'a
RAILROAD.
200 Chicago Sub... 44 l 3l 3 4-* 4Mj 414 1
lOi> XC. M & 0... 21 i 21 1 * 21* 2U;
loOSoShTrac Z>3ls 53"» 53 787 8 63 T »
MINING.
1.500 Alpha Cop a 4a 4 717 1 •% 7>i
nootArgentum .... 10 10 10 10
1,200 Eoston Copper.. 1» 19 Xi » l^rs
l.OOt) tEovard Con ."> .*> ■'." : 'ss---j ••
ti.ooo Braden Copper.. 4 '« 45»4 5 » 4l;4 l ; 44 1 *
2.5008r Col Copper.. 7'a 7*lß 7 7
800 Butte Coalition. 2*5 2« 25 25
2.300 Can Mines 7 » 7«i 7't 7H
1,400 tCarlsa 50 W s»> 50
12,000 Chlno Copper... M 14 12 T % 13
15,000 f Cobalt Central. 22 22 20^s 20Vi
1.400 Comb Frac... 3S 38 37 ' 37
400tCom Mining... 51 51 51 51
2f>.ooft Con Ariz Sm... .'^iV Z l i - » 3^»
1:050 Davls-D Cop... 3*s Z% S^S 3 »
22.000 Ely Central \{l 1H I * l 7 s
7.800 tEly Consol S2 82 75 75
300 Bl Rayo 2»t 2?i 2 T i 2ii
300 7 Eureka Con... 19 20 19 20
1,000 First Nat Cop.. 5s5 s 5 » f>-h 55 l *
2.200 Gila Copper o'«i 9H S4S 4 S^i
4.500 Giroux Mining.. ll«s lIH 10H 10* i
4,000 GohMeld Con... 7^i 7 ; 7*3 7^a
2 5 Greene-Can . lO'i lOH 9Tj 5» 7 s
KTuo -iGreenwater ... 11 ll'a 9 vM£
3,t>00 tHarcuvar Cop. 71 7:' 70 72
2.000 Insp Copper 9^, i'^ 9l»9 l » 9l9 l
8,500 Kerr Lake 9»; 9ffc S : s &1& 1
¥00 La Rose Con... 4'i 4% , 4^ 434 3
1,600 fMcK-Darrash. SO SO 77 79
4,000 Mason Valley.. 2 i 2*» 2 A 2!>i
17.C00 Miami Copper.. •.4 141 4 24 1 22"s 23
2.100 Mines Co of Am r.O 50 60 M
7.600 Nov Con Cop.. 25»» 25»i 23 l * 23U
2.000 Nev Smelting. 7 j 1 % T »
2.000 Nev-U M & S.. lr» 19s 1' 1 : 3
3.000 Kip Mines 00. . 10 10 j* 7 , 10
SOOOfclo Copper 4?i 4 i 4$4 $ 4»s
2,3<"»0 Pac Smelters... I'^ l'j 1« 4 i»i
700 Pr Metals 13»1 3 » l«i 1\ i> 4
4,oo<)tßawh Coal'n.. lfi 17 l»i 16
7.500 Ray Central St* 3» 3A r.i
7,000 Ray Consol 24 7 i 24-» 22"? 22 7 »
2.000S Utah M & S. 3>i 3> 3 3*j S«
300 Stewart B » 2t2 t * s
800Tenabo M & S. 2H 2Y» 232 3 "' 3
200+Tonopah Es... 69 69 69' fit»
Tramps Con 7 7 <■: H
2.500 Trl-Bullion .... 1 1 i 1
1.500 Tularosa l^i Ii i\, i»i
1.500 fnion Mine?.... 'J 'J l"i IT,
2.OOO tUn Pac Cob... 10 10 10' 10
1.000 t United Rico... 22 22 2"> •>"
7.200 WVa Wy C... A 2 ! i 2 °
650 Yukon Gold St.. 4T4 T 4f| 4s4 s 4*4
BONDS.
1 $4,000 Bin? CRy 65.. S9»; S9U S9U S9^i
5.000 Braden C 6s. 10S 10S 10$ ms
' 5.000 C Ar Sm 55.... 60 ti.» no tt
850.000 M P ss. less int. 95=*; f.r.-, J*s»i 95*
45.000 West Pac 55... 9T% 979; 07*s 97»t
•Old lots. tSells cents per share.
BOSTON STOCKS.
tFurnlshed by R. L. Day Co., .No 37 Wall
street.)
Jan. IS. Jan. 19. Jan.lS.Jan 1J»
Bos & A1b.. 230 230 Boston r ns. 19Hi IBS
Boston E1...133Vi — c a i & H " ela.«6o 680 "
Fitchb'g pf.129\«180 Centennial M 33 39
XV XH&H.IST»% 155 Cop Range M S2 l 80^
01dColony.»lCt7 »200 Franklin M.. 19' i —
W E St Ry. 94 W'-j Granby M...10rt —
do pref...lOS 10H i Mass Cons M 7 «'i
Mass El Cos 1H lS'i. Mohawk M . 71 K fi'>
do pref... SO SO INo Butte 441. 441:
Am Pneum. 7 7 Osceola M. 160 15s
do prcf... lS »1!> 1 Old Dom M..»4»*i 47
Am T & T..137 ISBH Parrot ii SOH M
New Ens T-134^ 135 Quincy M...' n * 87
West TtTU lfl ! Tamarack M 6t? tu
do pref... 93 9.'t I Wolverine M.149 na
Un Shoe M. JW M 4 !Us Smelters 50U S
do pref... 29\ 2<>V do pref si rj
Arcadian M. SS s * 8 'T" s Oil sssi SL U
Atlantic M.. ll'i 11 Mass <;™'" '-^-.t -"i-
Shannon M. lt> 1 15H do pref <v,il j«>i
Unit Frult..l67H 167 I Utah 4i£ 40
•Asked. ■ .
r
COBALT STOCKS.
(b"urnlshe«l by Warren. Gzowskl & Co. v o 35
Broad street.) '
BM Asked. I Bid Asked
Amalpamat. 7 l i 8 ; Kerr Lake>...K<s <w> '
Bailey '.» : A 9»a La Ros*. .. 450 j->4
Bsaver Cobs 88 3H'ii Little Xipiss. 25 «v
Big Six « 71:7 1 : McKinley ... 7f» f,:'
Buffalo 230 200 I Nancy Helen. I^'. 14
Chamb-Terl. 36 3«V& 'Xipissinß OOrt' 1000
Cof Cobalt. 4s> 4S l a Xova Scotia.. 3« 40
Cobalt 1 ■•■i.t. -i> Ophir r,« 7-.
Cobalt Lake l»i«i lli', t |Otiss<s 12 -i\
Conlagai r.io i,i\:, Peterson L... 2T«'; «k
Crown Re 5. .315 317 Rochester ... 17H T-'»
Foster ■' SOU Silver Leaf.. 11 ' nit
GilTord . .IS 1!» Silver Bar... 12 ■ JA*
Gt Xorthern 9V) lo'i Silver Queen. IS ■ «'i
Green Meeh. H» tO% Temtskamlne. 59«; 04>
Hudson Bay. t:>o 145 ITrethewey . H» i 4)i 4)
.1 Black 7 10 [Watu , M l.v*
PHILADELPHIA STOCKS.
(Furnished by Charles D. Barney *■ Co.; No 3.%
Uroa.l street. New York, and No. 122 South
4th street. Philadelphia.)
ni-1 Asked. Bld.AskM
Am ■•■.. it 2»J JHU L'hißh Nay. .117 ns '
Am Ry Co.. 48; u» U.l Val R R 99% 100
ramb Steel.: 59% r.o>; Phlla Co 50 6O v
CTI of N J 7ti 77 . do pref.... 4,-, 4iV
El Stor Eat. 80 . HOi P«nn it nCo HSH r&\
El Co oj A.. 12«» i-.m lvnn Steel pf.114 Its
Falrm't Tr .- ,• 10 phUa El Co . ,t;, t ; v
Qm Asphalt 294 :n rhila Rmp Tr 24.- -j^^
do pref... Sl> si Rmokeleaa P 13 1«
ICOofN A 23 •.•.t»; l'ni,>n True. so r.0«;
l^lt«,S Corp ±> -•■• n- n lias lnl p, 934 {>; ,^
ilo prcf... ■■" 51 IWelHbaoh Co- ■-'■>• 30
CONDS.
in tit- -■■• ism
liv 1' H> *» W IH> »|
Southern Railway Co.
FIVE PER CENT.
Three- Year Gold Notes.
To the Holders of
Southern Railway Company Five Per OMt,
Three-Year Gold Xutea due Feb. 1.1910:
Southern Railway Company, having paid
and cancelled Five Million Dollars of th«. Fif
teen Million Dollars Five Per Cent. Three-
Year Gold Notes, maturing February 1. 1010.
has sold to us Ten Million Dollars new five per
cent, three-year gold notes, dated February 1.
1910, to provide th« funds required to niwt th«
balance of said old notes maturing as above
stated.
\\r hereby olTrr to the holders of the old
Five I*er Cent. Notes maturing Frbniary I.
1910. to exchange them at par for the new
Three- Not«-s at 98« -
Holders desiring to make this exchange may
now deposit their notes at this oSce, ex the
February coupon, and will receive therefor
new notes bearing interest from February 1.
1910. and l"i per cent. In cash.
This offer may be terminated at any time
without notice.
J. P. MORGAN & CO.
New York, January 20, 1910.
SOUTHERN IRON
& STEEL COMPANY
First and Refunding
Mortgage
4-5% Bonds
Present earnings more than sufficient to
pay Interest charges.
After March Ist. when new wire, rod
and fence mills will be completed, the
earnings are conservatively estimated at
three times the interest charges.
Wi> recommend their purchase at the
present price, at which they yield the.
investor S l 3 ' rer c if held till maturity.
E. Bunge & Co.
20 Broad M.. New Tork City.
Telephone [phone] C Rctor.
THE CINCINNATI. HAMILTON & DAYTON
RAILWAY COMPANY GENERAL
MORTGAGE BOXDS.
The undersigned Is prepared to deliver per
manent engraved bonds of the aforementioned
issue, in exchange for the outstanding tem
porary bonds, upon the presentation and sur
render of said temporary bonds at Ita oSce,
No. 54 Wall Street. New York. Receipts will
be delivered for temporary bonds surrendered,
exchangeable the next succeeding business day
for permanent bonds. Permanent bonds not
delivered at the office of the undersigned will
be forwarded at the request of the respective
owners thereof, and at their expense and risk,
upon receipt of written directions In respect
thereto.
Central Trust Company of Xew Tork.
MICHIGAN CENTRAL RAILROAD CO.
Office of the Treasurer.
Room 219. Grand Central Station.
New York. January IS, 1910.
Notice is hereby given that the THREE- YEAR
FTVE PER CENT. GOLD NOTES of this Com
pany, maturing February Ist, 1910. will be paid
at this office on ar.ii alter that date. Coupons
should be detached and presented separately.
Checks for Interest on registered cotes wi!! b«
mailed as usual.
CHARLES F. COX. Treasurer.
LAKE SHORE Jt MICHIGAN SOUTHERN
RV. CO.
Office of the Treasurer.
Room 219. Grand Central Station.
Xew York. January IS. 1910.
Notice Is heretv given that th« THREE- YEAR
FIVE PER CENT. GOLD NOTES of this Com
pany, maturing February Ist. 1910. will be pal<l
at this oißce on and atter that date. Coupons
shouM be detached and presented separately.
Checks for interest on registered notes ■will be
mailed as usual.
CHARLES F. COX. Treasurer.
OWING TO THE DEMISE OF MR. JOHN*
Farson. senior member of the Srm of Farson.
Son & Co., the bond departments of the Chicago
and Xew York offices will be closed Thursday.
January 20.
FARSON. SON & CO.
The Relative f
Stability CURB
Safeiy - 1 STOCKS
Once more the etability and safety cf seasoned
Curb stocks has been proven by recent happen
ings.
Among: the hi?h priced securities a 60 point
break in one stock has unsettled the whole mar
ket and carried with it a train of dis^isier.
Ihinly margined accounts have been wiped out
and an avalanche of selling has brought prices to
a lower average level than has prevailed for over
a year.
How has tho Curb acted duringr this ordeal?
It has held up remarkably well. Most Curb
stocks are bought outright, "if bought on margin
conservative houses require at least 50%. Thus
a break in the irice of one stock may go by. and
indeed usually does go by, entirely unnoticed by
the rest of the market, as there is little forced
liquidation.
■With the money which is barely sufficient for
carrying hich priced securities on a narrow
margin, Curb stocks may be bought outright.
Many cf tho leading: Curb stocks can now h*>
bought at around $10 per share, and some of the
I><-- f known issues on the Curb are selling at
from $20 to $30 per share. Compared with rail
road and industrial issues selling at these prices
the Curb stocks are likely to be given tho prefer
ence by many discriminating investors.
Those who buy Curb stocks conservatively, 3-.1
after proper investigation, who avoid promotion
stocks that do not have any market, as well as
flagrantly advertised stocks of Irresponsible com
panies, are likely in the lone run to make sub
stantial profits on their investments.
MY SUGGESTIONS SHOTTLD BE OF VVLUE
TO YOU AT THIS TIME.
In the execution of orders I offer
the best facilities obtainable
J. TKOMS REINHARDT,
Private wire to Bostcn <> a b--. jca v v
ofllce. 54 Devonshire St. 00 DrQ2G M,, If, I,
Overlooking Curb.
MONEY AND EXCHANGE.
MOXEY MARKET.— Money on call
opened at 3% per cent; highest, 4 per cent;
lowest. 3 per cent; closing', 3 per cent:
ruling rate. 3*4 per cent; last loan. 3 per
cent. Time money was offered with
moderate freedom, but business was not
heavy. Rate?. 4(§>4H per cent for sixty
and ninety days; 4}4 for four months;
4 1 i@4 1 ; per cent for five and six months.
Mercantile paper was in fairly good de
mand. Rates. 4U@5 per cent for sixty to
ninety days' indorsements. 4^.«J?5 for four
to six months single names, j»U per cent
for others.
FOREIGN EXCHANGE.— foreign
exchange market opened steady, with
cables quoted at 4.57@4.5T05. demand
jstrriintr at 4.8665^4.8670 and slxtv-day
bills at 4.54. Short francs were o.ltTs less
3-32(^5.167, less 1-16 and short reichs
marks 95 3-ltJ less 1-32. The market was
easier in the afternoon, showing a decline
of 10 points from the opening. Cables
were quoted at 4.5690@4.5695. demand
sterling at 4.5055@4.5660. ana sixty-day
bills at 4.53- S @4.S4. Short francs were
°:\ : .]k n lus . 1-32 an< i short reichsmarks
SaVs'gOo's plus 1-S2.
Bankers* posted rates were as follows:
Sterling Sixty days. Demand.
Sterlins 4.M'j 4«>7-.
Germany, reichsmarks „ H4 7 , ft^it
Paris, francs S.ISH f,\',<Z
Brlgium. francs 5 .i»3, '„ • - t *
Switzerland, francs 5 m*» JA,?
Holland. guilders W» JJJ
DOMESTIC EXCHAXGE—Boston Se
discount; Chi-ago. 15 discount; San Fran
cisco, sight T- c. telegraph 12& SrVmlum"
New Orleans, commercial par. bank **et*
premium; Charleston, buying par. selling
l-10c premium; St. Louis. 10c prem urn bid*
20c premium asked: Minneapolis 60c rre-
SillS pS VannUh> bUyln *UE
BANK CI.EARINGS.-New York. •*>
change* $4«8.170,25©. balances $1«5.;ji5l --,'<*■
g}]??*?' exchanges t4T.517.01T. balances
SU-5».t,.0; Philadelphia, exchanges $25.13s i*r>.
$£}$?£? fc.oS6.wf; BaltimoreT exchanges
*0,0u,000, halances $lix>,62"J
vir IL^£ R MARKET. -Commercial bar »|1-
Mil-Vr .-°-r Me / lean sllver dollars. 41c. Bar
vanee ol M6d° n Cl ° Sed at 243 " 16d ' an » d *
bo rr D cflL PREMIUM '~ ln Madrid - 7l us
• MEXICAN EXCHANGE.— Mexican ex
ciwnte on. New York la quoted at 1014
f™£ VERXMEXT R] \ . : -Re.-elnts
S^l C1 r St ° ltU >^ter. »•*£§£ lU .
S?N>(Sk» revenue MULSB and miscellaneous
i/e'nrttf;, lotal O ' J Vnjm. against total ex-
V - tV« un ordinary account of S3lUt2>.
hay« k2 m n . l li.v to date ordinary receipts
ttfrA t?*?,* 8 ?, 4 ;™- 033 und ordinary expendi
um mntV" ► U£ £» cm " of expenditures
f.!% J ln| \ to $2,776,478. Kor the tiscal year
u>dat« ordinary receipts have been 5351.64».
15fc itnst 815.4d6.492 in th« sajne time in
«~ "t,, ? l l,c°> r i hnarv expend! | ! i.\..vh.
, if S3^.3».t£t> in 1000. the ex.-e.-vs of ex
•iiimi:..- thia year amounting la &*>,<
fflW , w!th an «cces3 last year of
nmi l v°.-. Including Panama Canal account
ana pubhc ,|et»t. the exi^sa of all expendl
jikV,-c°V < ' r MWlPta since July amounts to
« n 11 • asainst an excess 'in the* corre
» Ponding period a year ug'> .■; SX.\K2.U7.
|rs§-TREASURY. - The Sub-Treasury
««»s» debtor to the Clearing House $1.58^.16l
THIRD AVENUE
Railroad Company
REORGANIZATION
TO HOLDERS OF CEKTIFICATT
DEPOSIT ISHED BT THF rJ?
TRW, TRUST CO3IPA.VY OF x^!
YORK AS DEPOSITARY ctiS!
THE BONDHOLDERS* \r B W?
MK\T. DATED >«>\kmbf'b
lOOT. FOR FOIR PER rt-£
rißUfO\soi.l D TKD
HUNDRED YEAR fifll.D BOr£
OF THE THIRD AVENl E R»n
ROAD COM PAX Y. l -
NOTICE IS HEREBT GTtrV to ts* Tn.
POSITING BONDHOLDERS »ai Ho^P*
ERS OF CERTIFICATES Op np
POSIT ISSUED br tin CEVr&f*
TRUST COMPANY OF \F,W YnmZ
AS DEPOSITARY, under r- B-ndaoi*
AgT<>i!m*n*. 4at«4 Noreasb»r <», 1907, }^*
fesMsn «f th« sbore ■MliiMt Four Pcr&l?
Flr»t Coasolkteted Mortssss Budi«4 Ys* g^
Bnnds of The Tblr4 A ▼•an* lUOrosf « .'
pany. ss psrttes of tbe flnt part, ss« j^
N. Wallae* sod ots*rs. Cos»sUttee. ss vmq
ef the ' sMood part, that usimsl t» tie t»^
SDd prorlslocs of satd Boadboldsn* Ar-wZT
the nndersljoed Coawaltt»e has prssar^j^
adopted s PUa sad AsrssaMvt of R- -p,?*
Uob. dated Decemb«r 2. IM* ssd b M ifl^
■ copy th»r»«f wtt» tb» Csatral Trast Coa^
cf New Tork ss DeposttaiT. "
A , prorlded ■, »a!d EoalSolien* lr _^
cf KoTeniber 6. 190 T. ta irsiea - Tliiu^
hereby made, holders of , esrtUteatts sf ssjsZ
of tte Central Trcst Cbsspmj ss Dsassw
mar asjwnt to ssld Plaa aad 'Ipwaiat j
Reorganlsatloa either by filing wtta vii. jk
posltary their wrlttsa ssss«t tbsrsts. spsttfe
the dst* and aoßbcr »f tie c*rtMeataskss)k
tbem. or by faUlns. withla thirty days st*
tbe coaipletlon of the pobl'estloß of this sMkk
to fli- with the Deposiury wrtttea MwsTsl
tisssnt from said Plaa asd AgreeaMßt «r»"s.
Ins tt- date and Bomber of the eerttflestsi as)
by them. Sucb dissent anst bs flsi m _
prior to Febrnary 28. 1910. wtth the De>^_
st Its oZce. No. 54 Wall Street. New Tork C%
Said Plan and A(r«ement of s>oisjbbsbbb
will become eifectlTe sod bladla; npoa sB (W
tlflcate Holders aad will be finally »ad saaa>
stTely ■ deemed to hsT* been asseated to k/ a
Certificate Holders nnless wtthla thirty gw
after January 2J). 1910. the latter Mat a,
date of the completion of the publleatlsi saa>
said, one-third la amount of the C«rsja
Holders ihall file wlta ths Depositary 1^
notice of their dissent ftom said Plan tad if^
ment of Reorganization, the natlw -,t aav
fded by each CertJacate Holder ipedtytaj s.
date and number of the Certificates balik/aV
Printed copies of said PUa aad Asrwa e3t<
Keorsanlzatios may be obtained by Ortlr»
Holders on appllcatloa to the Depc«itarj «
ofllc*. No. 54 Wai! Street. Xew York.
Dated New York. January 13. 1310.
JAMES N". WALLACE,
ADRIA.\ ISELIN,
EDMIXD D. R-^NDOLPB,
MORTIMER L. SCHIFf,
JAMES TIMPSON,
HARRY BROXNER,
Bondbolders 1 Commits*
THIRD AVENUE
Railroad Company
REORG4MZATION
Notice to Non-Depositing
Bondholdeps
TO HOLDER* OF THE FOUR Pa
CEVT. riRST COXSOUDATED
MORTGAGE HIXDRED YEA!
GOLD BOXDS OF THE THIBD
AVESIG RAILROAD COXPATi
ISSXJKD ODER ITS 3IORTGAGS
DATED MAY 15, 1900.
NOTICE IS HEREBY GIVEN Is tbe Ms*
ot the mentioned Foar Per Csst Us*
Consolidated Mortsage Hundred Tear GoM sc;a
of The Third Avenue Railroad Coapua> kSBt
under Its mortgage dated Mar 13. 19s& £it
pursnaat to a BocdioMers' Agreotst ssst
XoTensber 6. 1307, entered Into sstusss- «sMs)
hsßsssl of said bonds. as parties of tie fc*
part, and Jaaiea X. Wallace ac 4 etiers. Bss>
olttee, as parties of tie seccci part. t»-ashs
Bondholders' Agreement refareacs la ass> tt
all Its terms aad prorlslocs. a Plaa »al ifjs>
ment of Reorganization, dated O«csassr i
1909. has beea doly prepared and adSfM iM
a copy there*.; duly lodged sith tie Cezit
Trust Compaay of New York as DtfoßSS*.
Printed copies of saca Boadaolders' AgmsMt
and of said Plan and Agrwaeat of Bnrg«ss>
tiea may be obtained at tas o3cs of siil Bs>
posltary. Xo. 54 Wall Street. Xew Ycri.
Holders of saM Four Per Ceat. F!ist Ca»
solidated Mortfise Hu=dr»d Year Gold Ball
«<f The Third Areis':* Railroad Conpaay sis
hare not yet deposited their boads cader 89
aforesaid Bosdholders' Agreeeeat of 3o«Bsh*
6. 1907, are hereby noti2ed ttat tiej =xT
wlthoat penalty, become parries to Ist ssi
Bondholders* Agreement c? Nareaber 8. isK.
and eatitleS to stsll sf tse bess9t d
said Plan and Agrwaient of Reorga&usttaa. IV
depositing their bonds wita the coapos of Ibb>
ar» 1. 1908. aa<l all subsequent co-sposs sees»
panylng the same, with th« Central Tisst Oss>
pany of Xew York, as I>eposifary as a*wss*>
•• or before February IS. 1910. and sacs *►
posit shall be deemed eqrJlTalear ta ths flUagat
written sssent to sa!d Plaa and Agraswst d
Keorgaciratlon. Bonds so deposited will t*s»
after be held by tbe Depositary for acews: <i
the Committee, sut>;>ct to the terms a=2 S«*
▼islons of said Boadaolders" Agreement of Ss>
vember 6. 1907. and said Plan aad Aswssst
of Reoriranlzat'.on. as fr:!;y Sa all ict«s<» ■!
purposes as if heretofore deposit*!.
Dated New York. Jaaoary H 1915.
JAMES X. WALLACE.
ADKIAX I«iEl '. V
EDMUXD D. RA>DOLPH. ;
MORTIMER L. SCHDTT.
JAMES TIMPSOX.
HARRY BROX.VER.
Bonilholds-r** Comaittfl*
Buck's Weekly
Cobalt Letter
Written by
George Kendrick Buck
Exclusively for us sivos cotr.plet?. i*'-***.
information about all tho Cobalt Mia** •■
covers fu'.ly the Mining properties in
SOUTH LORRAIN,
MONTREAL RIVER.
SILVER LAKE.
MILLER LAKE.
HUBERT LAKE.
GOW GANDA.
PORCUPINE GOLD DiST-
Has no ssßssettloa wJtli any rrctwrsj* *•*
Olv#a no paid wrir^-tips.
Accepts no advertisements.
Two Poll »r- a Year in Adrsac*
Publicity Limited
38 law lor Building. - Tore*** •*
~ KERBOe.
VL^ TRUST CO. *$
*^35S Fifth Aye. 60 Bro«d*«T •
100 West 125 th St. SdA^ei'+SN.,
Central Trust Company of Set la* :
54 WALL STREET
CAPITAL dnj SURPLUS • 113.000.00 i
(of whlca 117.000.000 haa Bo«a tars»»
NEW YORK city BONDS.
At. May 'X>. Jaterch JSt pV ! »
4*, a. May. 'ST. Interch }^ t * jo« : »
44). Nov... 'W. lnt*roh •£>** j^ l »
4'«.s. M*y. 1". tnterch. i»Si 4B
■Is. May. "57. interch '" S* \iO*
is. Nov.. -3S. interch £?,* i^|*
4!>. Nov.. "38. re<ist S? I*"*
4a. Nov.. '5«. rssdjsi . • •• j£j*. sg
3'is Nov.. 'S5. interch.... t',, «S'»
34*. May. vi, coup S' IP
S'»a. May '.V». regist i 22 «9P
•r.s. Nov.. H>. rev »2J vjO.-
Rots. 49, M»y. •».... w *
•Ctsupoa cr re£UL«ied>