New-York tribune. [volume] (New York [N.Y.]) 1866-1924, October 02, 1911, Image 10

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New-York tribune. [volume], October 02, 1911, Page 10, Image 10
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 02 Oct. 1911. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1911-10-02/ed-1/seq-10/>

Newspaper Page Text

Harris, Forbes & Go
huece-enr? to
N. W. Harris & Co
New York
Pine Street, Cor- William
NEW YORK
GoTcrnrnent
Municipal
Railroad and
Public Utility
Bonds
for
Investment
MUNICIPAL BONDS.
City of Rensselaer. N Y. A^\ yield 4.10
Village of Lcstersbire. N.V. 4.?5*V " iH
Village of Irvingion. N. V. LUH ?? 44
Cil) of Birtning.iain. Ala. %\ " ?X
City of Fort Worth, Texas 4', " AH
City of High Po tit. N. C. " 4M
City of Meridian. Mils. 4V0 " ?*'
Other municipal bond? in Alabama,
North Carolina. South Carolina and
other Mates.to yield S\
All acceptable for investment
by postal savings trustees.
W.N.C0ler& CO., Bankers
<3 Cedar Street. New York City.
CHARLES HEAD & CO.
17 Bread St., New York
N. Y. Stock Exchange
Members- Boston Stock Exchange
I Chicago Board of Trade
Private wire connections to our
offices in Boston, Providence and
principal Canadian cities Canadian
and Boston ftocks a specialty.
DIVIDEND NOTICES.
t>
Winsfow, Lanier & Co.
59 CEDAR ST RE FT,
NEW ?ORK.
?
DSMX at I
HOT - f
.HI l< 1-1 1911
- ?c'a r>s.
i
1 - .
"
-
Mtga :'
' -,;- ? l By. O? Cnfl
Mtgi
.
Mtre
<i< HIRER SRI?
?^reenfleid '
? lftll
?>? roa] !. i iH. 1911
(KTfOBEB 18TH. in'
<?i rOBl i: "III. I'M i
UNITED 1 HUIT COMPANY
?1\ It?! Ml NO <<*
? pe?
-
??fie? of the
-et, Boston. Mm. to
? of b iMnes?,
rrassurer.
I
SU xi' Interior Deb?
i the
?
?'
THE PRINT CLOTH MARKET
Recent Break in Cotton Has Bad
ct on Business.
Fall :
? ? It !.:-' U. . :?:
to only
howo.i
?" . thin
?
?
? ? n th??
iimittii.tr
? ? tl,. sit
a week
ted to
.
Iron Wo:,. U rei .in? operu
i v.!!) ha\
- mills
Ely. The cloth
?
?
.-inch.
ACCOUNTING TIRM FORMED.
.
i
s part i 'ixey.
rasei Uw Qi i.: : ? of Dix? :
? . - - aet, to
ronUr:U'- IBS S?1 ' . SH Of pUl'li.' lic
eountliig );. i or. by Mr. J'lxcy
alone. Mr , own among
the lf-H'U: g fa ntereatl of New York
sr,?3 oth-r :,t..i:.' lal I uv?hk beeS
corrected with I 'l ?'ompai.y
since t ' wlioi-e
- i I "t it^ many sill
??rest? bar? .'.?thin his Juris*
? l?e ?H
?k sod
..ne of th?*
the count i v t
Sting ..fltCiT
? paoy, ?rl i ii
?Sj I.,
? rai ?
TRUST AND SURtlY COMPANIES.
halt, No 2 Wall ?tre?t.|
Btd.i \skaa
- .
.
i ; g M >;
.... 10441
-
i:
i . . "JO"
iltb. 140
?
n??
?
joi
' Fra.' I
. . .
?
Oui: ?-.
Ko.t.* .
?Tu<StMO
Xr.t Bieg Co.
Ktega Co...
stslckerboelc --*
?'
111
' - .
n
\ i ?
?
: :
eio
?525
- ?
?ln
114
1-ggJ
| IB
12?0
United .
?
U 6 T G ?t IJOft ?
376
l?y-|
ion
?N>*- ?
FINANCIAL MARKE!
Big Bears Appear Satisfied with
Recent Profits in Stocks.
According to the opinion of ?orne stock
market observers the week just Oso? d
marked the end of the aggressive cam?
paign for lower prices that has I.
under way In recent months. Tho reas?
suring and courageous statement of tho
United States Steel Corporation direc?
tors, through Mr. Morgan and Judge
Gary, and the conservative remarks
of President Taft in his Watering
speech regarding the enforcement of
the Sherman law convinced many minds
that further agitation of the trust
question would not be effective in
bringing investment securities upon the
1 market. While the known heavy cov?
ering of ahons by prominent operators
who basa boon bearish for weeks and
the development of powerful banking
support created an Impression in various
quarters that big bears were quire ?ran
satisfied with their, profits and were
willing, for the present al least, to let
the little bears, who always ootns in at
the tail end of a downward movement,
handle tho short side of sp?culation.
There are some people, however, who
1st In th? theory that current un?
certainties in politics and the labor situ?
ation will bring about lower prices be?
fore 'anything in the nature of a BUS
mpaign can os inaugu?
rated
If the business men and financiers put
their shouldeih together, as President
Taft suggests, to promote the business
prosperity o? the country by frowning
down attacks that are engendered not by
a real desire to eliminate abuses, but
by a wish to arouse in the people an
unjust prejudice, confidence will not be
long in returning The following from
Mr. Taft's gpeecb cught to be :ead and
well digested by every man In the coun?
try: "Business is halting new. There is
doubt and distrust among Investors, due
to a fear of blind enmity toward suc?
cessful enterprise. What is the remedy?
!t is the restoration of confidence be
the classes of people who have
been opposing each other In times past
who nowj affr the reforms are Inlt
and are in proesaa of icing effected,
ought to come together In ?-mity and
ist- of the enormous re?
f.<-"irc<-= we hav? country for the
prom il prosperity and the
? ? of individ?
ual hap] -es should
ponder over irr from the Pr< s
nvesi
ment? from which to secure a largo
v/agrea fund, which in needed I
? rt inspire in
th* * i.ntro] those in
the confld I T they will
not b. : business." The re?
turn from investments, however, will
tend to decrease if our corporations are
ntly called upon by labor
ncreased remuneration
assuming : try is not facing a
end i
the market pi 'tract
opportunitit s for Investment pur
. a In both the al
?
ihe hea\ y fall:-::
for dividends on the part of most
I eat and so
i.ir 'r ? nt year SI I 8 holij
. id? Increased wage.-, paid to em
Mr. Mellan, Pr?sident of ti?
Vork. Xi u Haven A Hartford, In ;
mar? holders In the i "Tu:
-i tea t il the Increi
i:i- -i to - m atot
ally added to tl
company's business,
in the
.".'Jl 518 while the ro me account
exhibit ; 267,540. The
cago & Northwestern i ne of
the fe ? h< r?. in i
.....
the anaoui t
? ? ?! in ti
I H,
111,811
by a d< . Id of $1 812 '-v,'
nt ol est time work? d
.
? n i which the
i
? :.t Ol In:
?
S ) i
compelled
by law to n Ight and
ha\i
.? dvan ? n compelled to
a ork Im olved In bett r?
and Improvements and for su]
als. It il H
?d timo for labor li id?
r Hi big In .son.e other wsy
tins; ?
road employes and forcing them tnt<>
win- b th? ? :
i pos? '1
r OWn tX ? -, ; t:
of the ; ondi i
'tltude taken by ini">r dli
..nation companies
entering int.< heavy
ment, bel I >nd Impro?
lions In stock:
?,-. i t.. 6,628 562 ni n . tbe hesv
i ? ?
I'd? year, of which United Btstas Bteel
common supplied s little lest Mian one
third At tl
st? < : ' ommon | I
rom its low point of Hoi
which ' ? ow of the ? ear Tl
movemenl thai started with the
United Stab f '? ? t torpors! I ?
r.di checked by the a onounce?
mi nt of tl Ion
; ' i t if tbl info t?nate
?...iil'l in\ "I\ <? othei
... luld be enough for?
. Ign liquidation of OUI
nption "t I
arkei M ritinui ?? in
Demand for
,-.<. ? mmodi ti'.n Is Hi far no
i i,..m th
dent to
? .
tl local
theii
.
i
? ni":.
tal . .
1
1
moa in French
changa in New York Mow Tort ata
has shipped tlBOftOOO gold to Par:.
the chances are furthei - g.
:li<?
WEEKLY TABLE OF BONDS.
5-a'i Bond?.
i"""
Low Sept: NX
j 80. I ch|?>
laooo'i: i S Coup.. loo*. ioo^liWHl? H
?oOOii'rnnama 8? . 102% H>2 '"?'?
? Rj R? Rcti HT > ? . "? ? '?
? -? -t';s. '?'?
2d.
Unfit me 5?. '?'? - ??
108
14000 do 4'.?.. 87
i i=no Pnulo os.; I'T , !?. ? ?7JA
-iiiKi V F of Men da...I ?*.'
N v <tate 4f I'.H'.l HW? 10
,1 U '? ? I"? 104
,...,,/. Va 6? !.. :
124100 N Y ? . " -
;;;,,-i d" New. I - 10?. . 1'"'.
1917 '"-"?
i ,
It 1807 . . . I"1
too
do 1868 . I""'
Adams 1.x 4?. k,
*
?root ' 6a..
?.?TIM. ".n Be
2000IAiti < I "II Be.
? ? 4 | s.
8000 Arn It S L 8a...
Ruf?' Vip P|
ii*m?' '.', Rm B?
Hum "
.
.-ssTi. \ Toil ?S
1 |00t<
?Hi??'
fOOO
24IKI??. i
201
l>
'?
-IV*
i
' '??
-
'.
i
.... . | Kl
Ml . ?n". f ?a
?
lltl'H 101
,. I?
??'.', ;?'. . 8%
2f>iii?.
1281.000
> T? '
10000
Jill H
MO?
112000
B7i
114U"?'
ilo
! ?n
:is
101
TAT Cvt 4f 100 ? I' ? 10
-
11..
118
111 .
-
80
Beg
.
la
Reg.
t 441.
-
do fien 4?
? Ba
.10 U*Vi
<V> 'I s r. 4*
ii
do T. A N 4.?
. . Gol . 4?
IVV 4?
.'?S
? r 4?..
? f.e
100 V1111 ?? l ?
?V:
I
111
M
KB
to 4-1U
??
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-
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1 .,
-
1 .1
911 - '.
103
r.
lui
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t
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do Ifc? !:
1 0\ .?
art.
?
r
;
? ?
-. ? S
H1W1 do 3'4S r'" 1?1
20000 C I 0
?
d.i RiAls
I
?
la
? 11
?> R?tj
lf-oof? j Dab Si
di Pen PI" 4a
I
- P!v 4?
11 West 4s. i
?
I
..
-' ?? -
do R R 48_ T1-. 70
P M A- O ?s i;.' , 12'
.-htno Cop 6s R tl -
II
-
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Mid 1" ?5
K
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88
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i tat 21
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104 . I",'.
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as? ".
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' I ' ITNT BONDS
1 - .;
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u
.
re? U
'.. 1928
' . 2? tu . 1 i'."*
Panama 2? ras IS88
I
11
II
118*4
.
|00 .
102-4.
f re?
. ? 10a ?
Bid A.?ke.1
lOOVi -
! ? 1114
m
Fxecutor Trustee
Chartered 1822
The Farmers' Loan and Trust Company,
Nos. 16,18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue,
New York.
LOHDON ? %ffiZi%'?Zi o. PAEI* 41 BwlflTari *"?"??
Traveler?' Letters of Credit. Foreign Eichange.
Administrator Guardian
RAILROAD AND OTHER STOCKS.
r riowfag is the usual taMi giving ;ho number of stem of ;'' ^ock? t?ealnn'"i
last weak, together with the high? I. ?owe? %"<-,?"?' .'"."*M ,^?fc1*aw
pricM " ? w-k ?? rndthrowTrinie.P5.,SS| ?aAleTw?tA ?aaVSi?WS
t? ? ?? ? g and the hi pi
!?; fhj
?
(ban ?
sold
(Sxpress
?
.
VU Ara Best -
i... ? ?
an ..
i
.
;????? red.
12 -?
??in i.-.ji ex dr. ~"
?
.' i"
?
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til 4
1.2*1 ... I 81
?
.
?:?
iff pr^xd Ht""- -
4'J
-
, referred. . ?
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CO pr*f
I i . il
1 .
41 ? al. w rit ! apar ;
: t &. Ohio.
:.
-
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. -
ne....
Lsati er
? ? ,. . est 1 Final) 1311
,,,, . 346
I Rang? 1 je I? 10.
! High--11.'.'* High I '"'%
?
36
116
-
:? : s
U4S? 11441
1!6
114 ?
184 4
-
ft
'
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11.
n Tel
!ton..
Copper.
:
?
?
- ? ?
? -. -. ;
Sugar ; r.
? -
1 It
? :
?
: ? ? 11
32
27
do t?t preferred .. 4.*?
ITS.
Ic Co..
?
?
?ral.
M tro ...
-
il Paper
?lo pr?fer''
imp. .
.
?
?
W
i
jnujS
?
I.
S SI
i. n i
?
i -j:-.'. ' ? '
13X1 do |
lim Sai o? Mi ti
' lopiiei.
-
2iin S
re?
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si H I \
:
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.r 11 J
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? 117
?
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, 74
loo i";>
02
148% ISS
17'. tl I 14
i; . II
K
i
-
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.
in
.
?
ill'.
UNI
1 2 111
11.21
; ? :
? i . 2d pref.
: i. fciuth .?
b a i...
2U.?
? ?
?,..?'
rtfs....
*.ihi i ?ni...
--'IK .. .
?i?i Third Avenu* It R..
M I. a. W .
? '
1%.
? In City HT ....
.
.
Ion 1 S Papar BM
? ' - on f?. Kir- . 1?8H
? ?? ? ? f?l
ids.
- ?
te ...
i ? ? ? :
_? n:-- U S C I p in
' ?
I
lut preferred
: r ? r r " l
117
17 ' .i - . ? i- . ; n
? ii- 3
-
10,700 fern
B*p
?? ?
l ? ?
..-- Mfl"
. v. ? i. r.
:?<-' ?-.. i-t t.r '?
? ? . ?
- -
?
il
7'.'
ir.4
i I8H
4"'? 41'i
M
108
I'.. .
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w
u
?g
ion
71 I _
t.
il
I"
4T
_ i
?44 ?
?7
138
IS Vj
'.
?
80
-
104
! 12.':
- ??
112>4
1534
I ?
1034
?
g
?
-
-
-
:-47
ios
-
ut
?
? . 1224
11 i
SB? n M
1!7:. Il
14 :
84? 11
?
ill 104
1 ' 1 31
11.1% 108
g
1024 i.v.
44 >-(i
Iga
1074
4<i
1174
4 122
1IV44.I lit'.
43 N
1? :
134 <w',i
114 ' 1i"ftV
10
10 ' 81
1*4
4*:* R4%
4 . ,
?
ilth 4,7
IN "I HE PETROLEUM FIELD.
I, iptm ni u ?>r i. :?, i o? I rtoti oil dta>
durtagj th.- ; i it an ? I wall? I I
.,, ir et-ornpanled bi say
.if,
?.-.. r. in ? ' ? dread; defli : lerrtl
iii'i min h
"dmtng
tory, liai eonttatu i
tad Peaa townships,
.':n?y!vanut B9UOB laSW work Is atart
lng. especially in the latter dlstrl'.t. and
:? a neliet in.-r 'l,jc!r.fe ar>a
can be extended
!n Wut Virginia, RoacMI County lead? all
lets la I ?tat? m point rf .,
:..-. igtSi "? war? a
producing <? iparitlei
locnewbal small in th? nilnoli districts
th. usual sn.nl ol worl li bstni <i"i ?
port Deardsen. I ?
end Lswreno township ?in importun?
to 1 " ' OS 1
i " ? . .iiiinii tin.. ralfc i ?
vanea ol iht Kirk?.d t.i. tad ttv result
win h. ?waited wltl Ohio
? | baa drilled ig
?
| i>roug! la la 1 i
.... :
?/?nth w?ll e oui h .
and brtnglig -he total nee ion to
nor? th^n 6.0M barrels
s for retinad p^rroleum are un
In bulk ar..1 f.So In harrels
rk. l-urr,pt.an quotation? follow
1 t>*r imp.
I . \ tr?n : - '.?loi
M?a
?fasi Comparai
Trustee for Personal Trusts
FIFTH AVENUE dt 36TH STPwEET, NEW YORK
This Board of Directors assures conservative banking, and
brings to this institution the benefits of large experience in
financial and commercial affairs:
Benjamin Altman
B. Aliman A <>.
John Jacob Astor
Go. P. Baker
Chairman Fir?-' National Rank
Stephen Baker
i !? a'| Bank of th- \fanhattun ' ??.
Geo. B. C
White A (a.i-. Attorney
John Claflin
? United Dry (rood-. CoasBBBBSS
Thomas C< ehrari, J?.
Praaklssi
E. C. Converse
Preetdeat
H. P. Davison
j. P, Morgsa A Co , Hanir-M
John I. Dov. ney
Building Construite-.
Blbert H. Gary
Chainaan U. S Steel rorrifitloti
Robert Walton Goelct
Thomas W. Lamont
J. P. Morcan & Co.. RanV-r?
Ranald H. Macdonald
Real Estate
FMgar L. Marston
Blair 4-Co., Bankers
DIRECTORS
Joseph E. Marrindslc
Pr?s Chemical Nat'l Back
Gates W. McGarrah
? Mechanici'&Meula Nat. Bane
Charles A. Peabody
President Mutual Life Ina, Co.
Geo. W. Perkins
D. E. Pomeroy
Vice-President Bankera Trait Cei.
William H. Porter
J. P. Morgan Ac Co . Bankera
Seward Prosser
Vice-Pre?iident
Daniel G. Reid
Rcx.k Island System
Douglas Robinson
Real Estate
Archibald D. Rnssell
Alexander H. Stevens
Y.'.;-President
Benjamin Strong, Jr.
Vice-President Bankera TrnatOe
Charles L. Tiffany
Vice-President Tiffany <? C*
Theodore N. Vail
Pr?s. American Tel. and Te!. Co.
Albert H. Wiggin
President Chaae National Bank
Interest paid on daily balances; your deposits invited
=-J
$325,000
Erie County, New York
4^% Registered Good Roads Bonds
$90,000 due October 1, 1916
225,000 due October 1, 1917-31 inc.
($15,000 annually)
10,000 due October 1, 1932
A legal investment for Savings Banks, Insurance Companies, Exec?
utors and Trustees in New York and insurance Companies throaghent
the New England Slates.
Available a* Security for Postal Saving:? Bank deposits.
The Net Debt of the County is only one-hilf oi one per cent.
PRICES TO NfcT 4.10%
Witl A, Read & Co.
BANKERS
25 Nassau Street, New York
BOSTON LONDON CHICAGO
WEEKLY OUF.B TRANSACTIONS.
STOCKS.
ntTJ?BTRl U I
.:: Low
m L & T i ?>??
lie
2 200 1 1".
? ter Bub if
V?an Tranalt
i' i .
tin ge I tef 7 v
MININO
7 8U Brades |
l Ja
I
Iju'. Change?
. r ??
414
+ 2
1-4 - ?
-
u -?
Val. ??
. Dar . ..
. 1 7'?' i
?i Min.
10 [00 Wettlaufer ...
H
3t
14
. -
4
8%
i -
'
-
h?. SU
a
?_ -- s" -*
BONDS.
? I N Y i- 4\ ? 102 - 102*?
298,000 NYW.s B 44a 87 86*1
? V. RR&N la 01 ?1 91
-- . 88 ?
il'*
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ita
MAGAZINES CONSOLIDATE
New Company for "McClureV
and "Ladies' World.''
B B. McC?ure announced lait night thai
a new company had been orga :*?d totaii
? ver "McClure'i Magazin? r;e Left??'
Worli" and th? McClu? ? i
business. It Is cal re'i PubUca
Mon? Inc. and will hsve aa "i" director!
repr?sentativ?? of M i Magaalar
"The LsdJes' v. orld Charta*, fx
Lanier, of "The R- Review?," S
chairman of the hoard of but hi
will -'.!>.
It "- ?tated that b. 8 M -;I1 *l
Ids entire hold! M-.-Clure?
kstne" ?o tii^ n a vhieb ?U
? Ladle-"
World" lie!d 1-y Ar
Boga. Frederick i. raerly a**
?1th the. Butteriok com paar, ?I
help <lirect the new coti'-.-rn. as will CV*
or?n MacK? nil ' ? -' *?
'Aw"; Mr ,T Itnaelf, -f?.
Moore, Mr. Itoge ar.d H .--? D MB.
Mr McClure's reasor for th? amalgama*
t;..n wai that be ?ranted young men coo
1 with him. He all i to effect
ata economy.
"T In th? magazine
b isfnsss ' aa Id ??
?Ion. It will be ?
two or t P'jbllih
it win r. ? enditan fe*
rtlslng ..n.l for ? forces, ard
: men will b< avallaba?
Ther' !l
Wall Street,
.ire running the pur : atlona Inder-*?
of say ipa
LABOR TO APPEAL TO TATT
Building Trades Want Unicn WagM*.
Brooklyn Navy Yard.
It was reported yeaterdiy on cehalf ?
th.. New York Building Trad? found
representing the unions tl ? v--jtldta81
trade?, that the secretary haa been *>
atructed to srrH ft ar.d ta?
Um ng that ta*
Billl g rate of a . ? ' !0 *?"
?
rslUag rate, tti*-* labor U ' Bl m??*1 tb*
DSJoa rate.
K. ir s.ntatlves of the " ***
: are wirit | to a] ; ? - ' f,'?Tt tM
Hoard of Wage* St tl ? :- ??J
-.
Bg the prevnlHng w;ufi in ill ftl*
Th" nJtL\
? ? paid d> th? iron?ta?
? it. tala ."*>
RAILROAD EARNINGS
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New-York tribune. [volume], October 02, 1911, Page 10, Image 10
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924