New-York tribune. [volume] (New York [N.Y.]) 1866-1924, May 10, 1913, Image 15

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New-York tribune. [volume], May 10, 1913, Page 15, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 10 May 1913. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1913-05-10/ed-1/seq-15/>

Newspaper Page Text

F
Completion of Readjustment
pian Announced.
T00 RAPID EXPANSION
preferred Dividend Payments
Will Await Outcome ci
Year's Business.
any <.n !
' t !an
Punk, ?
?
?
?
pan;
: -?
I
Mrd of
?? ; ?o that a
? r.'sents the
it the com?
Uve i mmltt? ?
, ???
ilker.
ft
?
. :
w.irklnp
-, ? :? Salomon & Cm and
'
? ? Tided statement,
temporary difficulties
la which the company recently found lt
gtit *????? the - t reeult of a too rapid
expansion of Its : a :th an ex
?? nianaeement, which,
It I? charged, did not possess a full ap
inuanalfrjr larga amount
of capit. : ? i Bgricultoral lm
?Jement trade. The ?-;-...rsc la als?? made
tint the
? ' ' ?
:
- B result '
? '
-
proceeds of
'
?
? :?
audit
-ixvev.-r, th??
?
lb? ?nf'Ji
:
.
?
-
? 'lume
u* bo aboui
?
: ? if a much
I that
, output Yvas
madv
It ?
r?l : of the
I
tie <*orr, company's
kinks. ? loan?? had
Mid nut ? ? seda of the I
? ?? r notas, at
rement and hesi?
tated to ? i thi lasual
?MSa . ta upon which It relied to
?nable It to ?? dneoa until
**? Mtta of Its collectloris
v* made.
?ht bo in i
?ton to deal wtth thla omen
Tj?e?J a ' ? xaminatton of the af
'?Ir? of tt." with
? ? I - : experts :
?jtaasn, and
??ached the coi .slon that while the
faussement or ?he company bad
:a>Ptor,.'. ? ii-y of rapid expan
?**?? ar.?: bo otttoeptng prior to
?-? administra tien of tlie preeent con
?"""?r had :? ? Imperfect, and whii"
"auch of thg : | which hs
!'-nJsfc??i t- oui fi<?c'Ountants
:*Mr*!n*; tht financia of the
-gara- menta was most
****?Drat? h- i misleading, the enterprise
**? aster.' ally a sound
SEM|.ANNUAL_EXAMINATION
Sulzer Signs Bill Applying to
***i!ks and Trust Companies.
? " {"chi'TVrdeckpr till,
-
company to examine twice
Jwa i: | | ,. .
-iitlons in *fhl'?h
a - -:?? ? d ??>
*** 8'i.? -, be ; m also calls
rj-??*n ? . "Mate
"' -, .-.'?.
?
'in la whleh the**
aigned the k??i* v bin,
. nts to
b *'?' : ilnatiun M cert:'
?untan! who
la another state
?w_ ? prn
m.r~ ' '
faa ?
^KE TRUST FACES TRIAL
""?nanea. Announces Failure of Ef
Beach Cocipromise.
-^j-*1" el of the ali?nai
?? ,.
??-?I*
lajT : tton to-daag, stated
^ '?l.-ri
**-w*,A airalnst tl
?Sto I
?Jh,'. ? act
'-?
Eaboard air line change.
?A1' ?? ??-?'? v
?er* . ' ? - r of tba I
s - '
' r' ' ?ser of the system
TO STOP PRICE_ CUTTING
American Tobacco Co. ? Drops '
Drug Syndicate from List.
!'? r i... S H1U, ,.,.
rapanj.
? the Riher ?
?
BS ,,1 Itl :
of toba. ?
the .; - It waa
tated that Urn Rttraa .* ii- ?
i trug ' 'ompanj
n . ? n
I
I
..'..- ild di?
to trie consume loa
what th. i-, guiar tobacco
The ail riean Tobaoc? Coi
i,, oo dtocrimln
:.. mattai
? ? *
TESTIMONIAL BY EXCHANGE
Consolidated Members Show
Appreciation of De Ag?ero.
M
bongo, be
Btioi
I tin- la--.
iltni b ? ?
n and
ex?
?
"V- ? . ,|, n,. others Of the
New
?
in of you and
! until the ex?
! chancre during '
?
"Your 1.g
i accon
ited by m all. We
?especially recontare your worK In a I
1 I- pi BUcb leKMatlon as Will be
I h-lpful to the financial world at I
therefore, an a natural sequence,
helpful to our own sxchonge."
-.
MAY REDUCE CAPITAL
Readjustment Plan of Electric
Properties Company.
the Blectrl ? Proi i
. the si
I , la s
?
o ? f
Spital stock r is it liaeli
will
'?ut payment? on th? r*omm. -
a ?i. without drawing ma
?
dlvl
-
Con
. ?
,\ ? ? ear ei
I
??
?
remaii il I . -? .**?
?
e
from
..
: fr.uii April 80,
? ni
?
a
PUBLIC UTILITY NOTES.
Tif
t,. th? --h Stoek I
I of 6 p.-r et tit bondi I
I
Ohio Utilities Ne-/. Issues.
sd to the Publia - Com*
lisu
|| -ock, and the Lok?
"? ti Rallara**
?
bond?. '
Lake Shore Electric.
- or? Ele tr
ana earning
;
After paying Int?
on outstai I ' ? ?
I .
|
Man I Th?
? i r i
?
? m on increase ol 14
"I of
110,114, u doeroaaM I I
. with the first ? ?
Pacific Gas and Electric Company.
Swond Vice-President \ '
t.-:, nier of the 1'aclflc <la- I
ooolag the news]
ports Of ths ?trlke of the em:,luv.-? i I
.nipany, -.-..
"All our p..wer house?, f? ?1 station
lanta are la operation. At no Urna
i-rince the Btrik?- begun has '
interruption In ga.s ol in
lc liarhting Berries Trifling Inter
ruj.t: ? oo eurred In tb?
p.,wer servie?? hut ever]
, ?
Ozark Pow?r and Water Company.
The construction of tlie < i/.ai I. 1'
and Va--' Company plant st Urans.'o
Mo. i ? i and will not '
operatloi until Jan? I, oaring t.. the high
wat?: ...U-? ?' b] he.-tvv rain? In th?
White Hirer during March. Otnclala oi
- gpected to i ?? "' ?
bat th? Inability to
m it the Mis?
souri : OS la del .'Ions for ASNOS
In construction ?if tl
nina wheel ebambei wi ? pro
: but nt i I* II v? of the
main unit s Brill itpUt
? ft oui -J.ti"" to
? ?
mimiasion
lern. .- I ?". '
Util?
il iiipti? I.I and Joplln Will
? 'is at Joplln and 8pl
Held are completed, Th? prlncl] il
. - of ? n< rg | ' new plant
? . i r'allwaj ,v LJghl
an) and tl itrict ?
ompany.
New Oileam Railway oV Light.
' ? I? .v I.in ht
>',i>i I !.'. three-year
.. pel seat ?c<>i?i debeotareo, due ivm
.,, Ib-rtton (i.-iscoin ?it Co Of thla
am..util S'J.'."".""" will 1? |-a*-a?d iinuii
diatel) for payment or maturing obll*
...... axetnaiona and Improvements.
ami tii?- remaining debentures \\r:
for est? n- Improi* rnenta
during t lie next I bn ? as
? a
SHOE MANUFACTURERS ASSIGN.
? smbiidgs aosgav, ftfaj I The Jolu
Company, su...- manufacturar?, a?
?' to-day tor t ? ?? - i.? m rj| en .wi-.i -
The liablltl es or? i t s ? .... ?
Il .! tuai the ..-.-..-ta VA ill be :i, ? \
? .-ni., ml
BRIEF NOTES OF FINANCE
Paragraphs of Current Interest
for the Investor.
Non :
,!"'l it or,. I,;,;
B
111 re*
-
t from his lit!
? ?
'
? ?
?
'
i.
London Stock Exchange Holiday
'I >-?iny li
? ? ?
?
a
Whit 1
.?il hanks
and
...
Increase Price of Paper Baqs.
?
? -
-
i I'n". terday, t
?
m February. Id
... . .
? .
?
?
ill It
? i
B-ill Company Earnings.
: ? ?
the amount of future buelneea bt
II i?, t. pork d that th? J Q
Oimpany. th?
? -A.
?????. worth of
?-"?? honk?-?l for fnton This
company, which owns five plant?
0] BratJng with tb< tput In
I its hinten ? last tel The re
! pr>rt of the cc
com?
pany did a si In? f $7.1
VlO'lS
cent. 1
*
' |
.common i
?
Hungarian Shoe Induatry.
The
In?
ri
...
?im-"
? ?
'
'? ?
....
"
' ?
'
'
'
f Al
iiror.- ...
trian. O?
i ' ?
?.
CURB ECHOES.
...
plan: ?
Tn? I'ark City Mine during April ?
....
.....
Brokers on the ??
the h
pattn ?.t ordei
i- i.? lar??. I '
orei ;? month Mai Hart?
. . . .
hi] xx .-r<- ?
;
? ? :? ' J ? . 'tai Uetiu? t
]
'
tons of ."? an ' ? ter l
? to
o\ matte, win i. jrk
?.f refined eopp? i
VARNISH COMPANY FAILS
Unexpected Call of Loan Forces Re?
ceiver lor S4.000.000 Concern.
? d fa I ? N Z Oraei Coi ?
v.'in.ifti mai ufa? tui i city, o
application <>f ? i ikhold? rs,
In lb? I':. ?urt he,.
. Iven aa $i M.I...I and
tt about
. . prei
t ? I :
'" -t in Noa Jar ?
SOCIALIST FLAG MAY WAVE
Ohio's Attorney General Decides Red
Banner Can Stay. /
-? !.r. ??!-,.? ??;. ? '.
lion may I
in i.
. acoordlna ' th? opinkn AI
ii.-x Genera! ? to I
-
end b] .'..'h ai m to May? i R J Mai
-
?everal da] i ?
Ti.. ri
m '!.? d?
: . limbed i" il?? i???ii
?r?>m ? ! i
imeared it with Mm ?? bifc TI ?
- rnmedlatelj olf< red a row?
ill?, aaino of ti - h. m, h M no ? a?
furw.iril With the lnf.rtn-it
? a 1 H ***** .?"'",1 hi
-?
: MINING COMPANY CHARTERED.
wiimitiL' Min
tad Power i o ?pe? ?' " : --rated, of
New
? - i win:.i I B. ;
of Ren v??ii. j
American Beet Sugar Loses
$2,466,409 in Receipts.
? --??!? Coaapany,
'. ircb 31, -
-
total b?
'
only
last in In
? poor
?
lenl il J:. Durai In hi- re*
? ?
1911, Jobb? .: r. -
-
O
cllnlni ? 1*12 .-in*1 '
:
? ?n.I partit-il iup
? ?'
?- . ? .
? i. ' .
?
? *
i' Jan ?,-? last .-. u.
? - Introdui ?
? ? .
itlon oraa
? . - though 1
'?n. and It
u-,?1 - ? ?
.
? ? ??
oit h i
the Unit,
gh II
?
? ' ! |
Bold 1
by ?mall and anxtoui ? from
, . - . |
! ? rl suKur is used, tiie ?>.?? raent
to | i ?
hlbltory tariff on cane augar."
B. & 0. SCORES IN RULING
Financing Not Subject to Public
Service Commission.
May f.?
, . ...
l
?
?
? - securitl?
?
?
?
? ?
? the i
? ?
?
re
? . ? i .
',
? ? ? u
? ?
BOND DOTS.
-
?
-
? ?
11 Is re,
In 1
fut'..-- ?
Homer Thon i
?
No
? ? ?
,
?. J. Hood
...
building i "ti'is .'f *
S '
THE COTTON MARKET
Advancei E-niy. but Loses
Strength at Close.
i. ? m ., a
,' ? ill in the
: farorabl.
d li
an :.
eat?
show sngl opeu
!
ipwerd until t
: :n I to 11 poll.-'
nf tbe
?
Por?
i?. ..
. ?
li ;,i
11 "S
11 'I"
Il "I
'
il ni
?
IL I?
inl lower
-
.. su:
-
?
?
?
? til !
:. I?
1 '. ?
IS, |.l. Uli.?: n ?eau 11 2*4
' ? :
.
.
11 ni:
11 IS
I i i:
-
il :,i
ll.ud
il n
il .i?
11
TOBACCO STOCKS
fun ? : Ni I. 1. \Vink?!:nan a
i. : .
. ?
-
?
?
?
-
4
lit
ITEMS OF ILL STREET
I. v.? a of m.- ? Eton? I
the Btoch
1er than ? ''?? <??"? b - I
? .1 | ?! banda, an on the i
Iowa:
He
S :?
?
'
.
? .'iiiiii.
t June 2*1 t?. ttock of
-
Light i
1er q si t
, stock
? pro
-'
i, ? , .
'
? ' ? ? . m.I. 1
.1 . ? ' .: . ?ti^k of r?
? ' ' '
-
-
Illlr , ? ?
'
IS tu il.
The ' , Linea bare or
.. fa, ?
'?'his ordl r 1- in ad
?? | from th>- Ameiiean !
n
The members ?if the Now York ?'otton
t ? ipies
31.
-
II !..
. . . laa Btaat Ba -
. t latti ?j th
Treasury 71 that tue
; ?? ? -forernmont de
a, as ruin? recent trena**
agin next WO) B. Mr. \Vtit
i lanis wab non-comml'Ml a*, to whether
New York bai.ks. would gel any of I i
s!'?.
The satlmats ni* the ?.a't? in cash n
by th? New fork hanks thl weak Is
it B.OO ? ??" ?"
f.?r netloni nota
r-oi:
r l *-_??? ? ....
'-? ? ? rs to- Parti
anee
lion, Will
el
II
Mond
.
'
for I
? ?
Markt
? both
BUSINESS REVERSES.
-
Ill
. h
i .
? . .
? ?
-
?
I -
Inaolv?
? ? .
'
.. .
ri
t m. i.. , ... 13 West
x . - - *?<..?
?
?
tt ro
..... irltta ?' ?
ithortsed I in? to
:
'
? .!. .f
??li.YiM.i:-- I'lto
?
?
0f > i. M11
?
?
I
M
? t - ,-. Fl
;? ? I
II. BAXni -
on In hankrui I i
I
llet In kMUlkl
81 I ? x' ; -.?i;
$? I ?
'
? 1. -. .
...
- .
.? .
'
- ?
- ?
? *i im
? ?
-
? ?*.-_?
?
M ?'
?Alt!', r. ' : I' tint be
-, II?''. nil 1910 .Yruirr
|t| .?I ??
'?? ? it .. ' : 'i ?h..
.i ??!. Um rrmund <>f ueurx. Ellen
|4,h00, :. . . ?'. Central
? ?
r?-?litnrt are the
....
? - W
YY. , rvdar fl"'?o m a wri and Bortenaje,
.
M il .ith.-r |mj?.
.
?? .? ? ?
'., H ill
Xr?t-r?lax- I I ' ? i 1 fi ?' ?
<l . .
XX 1:1, (l Ml?
t to own. M
?
? . .
-
il
ZI' IiMNbKl 4
?
....
frarn? >. It ?
r?, 1101 ; A. H Vila
I
JUDGMENTS.
? ?
?
- ? i
?
?
?
I
I
- M - -
- ?
I IT? M
I.liiuor Co:
. ?Ml ST.
Jan - - B -N Hussfni I
? n, William?C B Llttfl - '
.
i. w.
11.11
-
? ?
n
? .
i
i r y land <'u> . |1
V.
?
lue ?'? ?
i liud
? ica n : ?0
-
B121 :
-
Prank .1 : gharri &
In , ?111 18.
-
il., 1130 82
I
?
i
Al?xarid?r?E. J MI.iu?'illn Co,
'i : ibber ar.d Tire
I
: Al-4-ard?Uiack. Starr 4 Tro*:.
liai '
-? S. and Alfred Wllmarth?W
M U'?utmar.. IL48T 63.
M Weat Pubilahlng Co.,
1MB
<Od?ll. Henjiniln B . Jr. and Wm. K !>?:?:?.
Ivir??T. I. Olli, IT.552 18.
? - ? ?-. of N?w York. I2?4 41
ruttennan. Ixiul?? M. Lob?nakv ?t ?1 . ?
i.ty Cor?
poration. i:jt b
??- 1/eaf Tor-aj-o
C? . In ? . f-11 4.',.
-
' -
.?- -
A -
? .
I ? Liquor Co .
-
D- it! mal bir.k of
? - -
1181 '.'"
? 4. -|f \\ '
? .
Ir.-. ??'I:,.: -A 31
4 .
|
'
? - -'
?.
? : . ? .'
?
O Mi
?
? ?
? n so
?.. ^ -s art ? ?.- imltl Bti ?.*? Co:
? I . '.. lo
SATISFIED JUDGMENTS.
' I I
?
?
I
?
?
-
?
-
: ;.
-
'
? 4
I
? ?:
'
?
-
:
*
'
-
.'t ton
...
I
?HORT TERM NOTES.
iMat 11.13 :; i
41 PlBi
-
?
-
-
-
-
? M . ?
1*1*4
... 1 . - .
4 '
.4
? - ' '
'It I . 1 ??
: .; i
IB ' . '.-?? 4
Jul. IBlfi
- ' ? ? .
IS14J . 4 '- ,
' '
t. s a at s 4
Mich Cent 4?a ? ,
h a ai i? t ?it
Mo K ?
?
N *. ? ' ' .
?i liai
.
ment
4Vi i *S
n r, n n ,-. n .-, |. ,
a ? .
*? ?- t-?*?.
'
v u a p c, i
- .i.
? ?
4 SB
???
." 15
i Bo
4 I?.
4 ?ll
4 ".n
PUBLIC UTILITY SECURITIES.
?
am I.- 4 I
'
'
'.
? | .
1 tit.. ?
?
?
' ? i
i
-
I
I .
'
?-1
I? .. A.
? :
?
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? P
- ? '
?
:
'
1" 13
11 ? v.
*4*
''
'< -
'4 I
?I
?4
t.
',
'
tl'i
13
NEW YORK CITY BONDS.
? ? .-.
?tr- '
?. I
March. IS
Ml 'S".
-
?
1er. 1S1T.
.ion*?
.
?t. i**?.
-. .
4
? a.su
.-. im?..
IS 1-55.. v.
M..?. IBM. Il',
I .
S'a tnb t IM -1
4
?i*
4
*J
J.'ou
; I
THE CROP MARKETS
Wheat. C:rn and Oats Higher
?Coffee Gains.
of a bullish boy. :
crop re? ?% boylrag in wltv.it
. - to %t o?e.
?Short 1*1 mi ?
?1 a strutu
deelre t.i corar N
?
lah, with Liverpool <.uot"]
... rt!i? t
in th" -
? i that the crop l?? ??
? oi.u ti.'ti ??s a - " a* i '
figures wei ora remuli ? d
him tlUOOghOOt th.- day. light receipts In* -
it feature Trade was ?Jun
to '?c ii?". !.:
? : . . thai Bowa mi sf -? t
? wcti'in si-'t. aaaall bsk
ontlnned
iti were Una and ths > taasasj i
um ??
i,.ri.. x- offering!
Habt After "ientina m Ognree
! -t.-a.'ily. the ? I B I
at a i li s of (rasa I to u i ?
tt for tw?,
? the Bl"
? '
TCTAL DOMESTIC RECEIPTS.
Ken Y Ifc, Y!.?v o. : .
i- bush.U* ?? iln, I iii?.
...
Is
. i.utn. .
?
ban
?
i
Fl.nit
**
akt -? ?
'
? o. Iihdt....
, i, i.ka?....
t??ii^ H>i Butttr, rixir?.
? Is.. 3I1 I'hrrar., puK?.
?;?..-. pka?.. .
< ? ? k-p
Lies poultry, ctt
,.i
?bit . 1 Y- ; ??? bosaa. 2.7-'
.?"all. t.lilt ' *?s. t>bls ..
i. i I, bblt.
:.. pka. .... IZt Df fruit, pkgs...
I?-.r! t ?. Ml ?>r prunes. i?P
I.ar<l. k?-Rri. MO I'al?tns. pkfB....
? ? . ?
. ? .Kit', bti
I its. ?ackt ...
. !??
EXPORTS.
tab. ?.......!
; 1
-
?
1.7,1,1
"'
.
I
?
'
. ??
CASH QUOTATIONS,
t.fftl
!, So I f. I "?
? ' '
: I Wf?
GENERAL MARKET REPORT.
? . ?
i.Ktlx
-
?
-
? ?
?
?
RY1
Mali
- ? ?
'
NI \\ VOMI lin I I
?
Y'.,l
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New-York tribune. [volume], May 10, 1913, Page 15, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume], May 10, 1913, Page 15, Image 15 About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume], May 10, 1913, Page 15, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924