OCR Interpretation


New-York tribune. (New York [N.Y.]) 1866-1924, November 20, 1914, Image 11

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030214/1914-11-20/ed-1/seq-11/

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UNCIAL RECORD
, HERE AND ABROAD
postponing Open Trading
?j, Bonds an Unfortunate
Step Backward?
expected epeatag
; trading in
r .lay?.
? J ? call money
.1 in quota
own I
- '.i the
t b? ??as de
MTV- eaaier.
'
?
?cula- .
-ate?
i vol
'
to ex
rk *
.
? toward
rrupted the
?' the mora
hi 1 e
? ?
n sub-'
. was
il
?
artieu
?
-
...
?d products.
? lid add
iitions |
?
?EF WALL STREET NEWS
. of llli
elvea of
?nested
? '
'
th the
York.
On ?T?as
1 Jour
un pany,
of the Texas
?ripcial meet
of th?
? New York,
?
'
?mailer
1913.
?iekerhocker
their annual
'Inward
???tors.
mpany has
. jr., a di
srho re?
ih.
? 1
'. makin?. a
w York
I .TES
Ii
TOBA? t ti - rocua
Winkelman *
ff - 1
?
STANDARD
O
!k""vhm ? i? cas i-.\ Bi.oc
I I0*l_ 01 I) SI??? K
CARLH.PF0RZHEIMER&CO.
tramt st.. N. V.
^?N.COLER&Co.
Investment Bankers
M? ?? -?tu voaa an
leenee
S?ANcrARD OIL
STOCKS
rat?M
? ?n reimest.
LL-Winkelman?&:Co.
Q__aOin s1'
^~~ ' - I'.IIOAI)
J 5[VIDEX? \.,i? es
>***10lir . . .
1?? CO.
; - ?
?
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.
The eoaooltdated income statement
?>f tta Detroit Edison Company, Includ
nui all constituent companies, eontin
ibetantiai Inei i ?
revenue for October
nesrly 16 p.?r sent greater than
"' the -.?nit? month m 1918, while nel
s ihowed ? nin of 14 <? tu ?
fram sales o? electric
power im- commercial pui
?mounted to $478,788, an laereass el ie
? "t; municipal , , trningi
? . ??? Kam ??i' lfl :? pe? font.
? ? improved orar
? shI.? Increased over
?. ?nil ?nit? to other public
.1 87.8 p?T cent I lp< i
? i- fonds t?>
?,190, ns against i..'s 1 ,:tltl m
.
- th.nn last year After
providiag for iaterest reqatrementi
and depn i tree, there r,
mained 28.181, compared
with $94,244 a year ago, equal to an in
?
Virginia Raitwaj .inil l'oarr.
The laeoms amount of tin? Virginia
?
tohei nahes a slight Improvement in
sad not, ? bile earnii .
toar month- ended I
tttl) high? ?
m groi . . ?r the
f Octob? 1 with
? was 1284,'
urplus
owed a gain
?r ths four
'.l"l to $1,
ihowed a
> I |24 ion over ? period
?ait year.
York Railways.
Operating ?revenue of the York Rail
mproven the same
month in 1918, fa
I
groat? t j ear, n ??
th I .-?eil m
.
?iit'tiths ol ? year
amooi ,071, a gain of |31,
leo, ami nel Income after ebarg?
? ? Mls.Tlo.
BUY EXCHANGE TO
PAY FOR BONDS
?
International Houses Prepare on
a False Hope?Sterling
Prices Higher.
Beeausc i?;' the widespread belief
early in the tin
Stock r nge v ould roo] ?
? fur trading in
there wai
sterlii .- il checks in tl
terday, and
even though it was known by noon that
?. .-i been i 11 -
?
-
. i been
. bond houses with (
I, which W?
^ in a store
from foreign holders or to make remit?
tances with to principals in Kurope
who had securities on deposit her?- !?
other ? \?a< a disinclination
of ex-;
,: wai
can:? ore.
- in foreign ex
?
itponlng ths
?
. m securi'
? .
ng up
?
'.ad prac". ?
from
Bculty.
snd Parii
I here
i slmoat impossible I
? ?
? .-day Wei ?
for el ? ' r cables.
A fresh loi 1 ma?
ture abroad ? nd there
. ? ..n? t.? mi ?
that time, -according to the
men. They do not b? ?
will be nn excess of exchange
meanwhile, for cotton ?
?.re far below those o? In I
only u comparal
, lulls.
of the exchange
tance
drawn on
of Italian
is received from
discount !..
Iraw ing the line on# Italian
given
nnivanee of Italian hankers.
A I
York hou
. tht-m. A nuniber of the pur
-. the chance thai
would be discount?
arrived, have to hold thi ?
d so have jusl
I up.
-e
MIS< KI.I.AMOl S SEt I RITIE&
??ay.)
. Ask.
M.ln
?
An? Hi?
' ... 10 15
Am 1? -
-
- -
-?
: li
. ?
?
?
?
MONEY AND EXCHANGE.
i i : .Li; II ?
?
. vi i MONI ' fared I
.
I -e. m It It
Ml lit AN I II? PAP1 ll .? I?. ? v
?
II VI ni -i IN
\\ IIKHI I ' '
H
Ol
I
Baa 1
-I || I RKAHl ItV Sew ^ -k I |
Krlda?
i\.; HOI -?
. .??a a .rollt' r to I
'
M
KI1.V1 it MARKKI H?r - ? ? I
It v\h ?II VltlM.s 1. * - 122
? >; . . ? ? han?. ??
?
i ..i.i p. ?. KXI'HAMU H
......
.
'CHANGE OPENING
IS POSTPONED
Resumption of Restricted
Bond Trading on the
Board Deferred.
For reasons which were not ex?
plained to the entire satisfaction of the
rank and -ir of the financial dl
Stock i achango committee
which has been conferring with
? Oil .1 I hm to open the l'\
change foi trading In honda at Asad
tir r m mu n i price announced yesterday
thai the arrangement, whlcn it ?m
thoughl on Wednesday muht would
perrai1 a reanmption 01 trading either
rrow or Monday, had met with
difficulties whieb would postpone th??
hoped tor reopening.
The only reason given by the com
raittee for delay was that contained in
the following formal statement:
"Tin- special committee of five state
thiit While the plai' oiitlimd hy the
ipers concerning further exten
sion ? ???;! method o' dealing
in bonds was substantially thai ander
" by the committee, the
i?!?' of the intereata affected has
? h will
ilderation. When
a decision is reached ample notice wHI
be 1'ivi'ii 10 the public oflcially."
Those who sought foi the under-the
i reasons lor the committee's do?
cisi?n t?? delay the opening of the an
change the eti on| uemand yea?
terday foi iblei ?rid check?
In th? H irket u re?
thought might be
? ?it mi open mar? :
-lit he followed by a
flood - from abroad.
Inveatigation among bond nouaes
reign conned one, however, did
not substantiate this i iea In fa
majority of those interviewed revealed
;i sentiment of frank disappointment
thai the d; roach to normal
trading m >? had been put otT.
s the committee of tro lei it be
known thai they were not eel road] to
open the exchange foi trading in bonds
the announcement in the morning
\? as hailed us a step which
brought very near a resumption of
trading . and telegrama ami
were sent to every ?iuart?-r ef
the invoetment v?.<irl?l
One report which was believed by
many I client foundation eras
that word had been received from mem*
i ? ? !.? erve Board ?t
?
- trim?, par
offering 1n
England ol I I war loan in her
? ought thai mem- :
' mir.l l?ml sen! ? 01 I to the
committee ??f five that it would b?
!,(? n- plan for reopening
argued ti.n* with en open markel here
itlng public
would seek this opportunity t..
American Issuei at an] pi
that they would ' able to cuh
?n loan, the proceed?
of which v? try on the
That the special committee of five
had virtual rrai l-?-men's
I? need In th?
ii bond dealings
on the r, includiii|
marking oil of :? larger space than was
the hond dialers.
C. R. I. & P. SALE STAYED
Minority Bondholders Win Ap
peal from Foreclosure D?cret..
Unitod States ' Iren I
... ri
.'uhus M. 01 der for the ?
. ? tde in 1
brougl rust 1 mpany
"ii "i. which the r<
ade Will ho filed next week, but
tin' sale of the
? ty, which was ? ? take
place o? i r _4.
Judg? ' ' foreclosure decree,
stated that
?'ii- on the
?Is of
amounted to ?t i.
ii the
?. May 1, in
.?nice with the t? ? ?? trust
' under the court's order, the
Central Trust Company, us ttnatee,
tnuld sell the collateral, con elating of
.<?_ is
eue, amounting I
Appeal ?as taken from the decree of
-lire and sale by minority bond
againat the col
.p: Fold in a block ami
ilure to name an
upset ? I
PUBLIC UTILITY SECURITIES
Rlfl
? ? I. "
. ' ...VU
? ;
I. I
?
Ar.. !? 1
'
?
?l'ar
II. 17 ??
? at)
RM. As-.
? : - | r - aO
-, ?
o i. a p. is h
i : .
?? a w
e ?a it ?
' 73 -?;
pre* IT
1 Rj I.
. H :?>
I L'n 1. g I ?
1 pi
13 1
4
,
lail.liOAl) EQUIPMENT RONDS.
?
?
?. uhlo...
: .
Cen ?
?
i ?
?
??
m it
M.i
I
. . 1 !
I '
I I
Bid. Ask.
*',....
I.
?
i. ?.i (.71
TORONTO STOCKS.
?
:. Ask.
1 ?
'i y y
?
.....11
>. I I La Roes
?
' "'S ...
? f Way.
i row n l.
?j
-
?
. .
?
: I
.
I?l\ IDENDS I?K('I.AKKIi.
T. n:i
l.a?tnai? Kodak ''
'??
?
?
'.'
irle., y
?
\ ?, Air I ' ? ?
I'm
?
.Ian.
Jan
al la
3
!:? .rd
its
I ..
I>. 1
D? i
TRADING IN THE
CURB SECURITIES
Quiet Business, with Price
Changes Generally Slight?
Oil Shares Steady.
Teetarday*! trnding in the curb a?.
curlties was ?lull, and price chants
irregular unit for1 the moat part
unimportant Tob?ceo share* ware
again favor?*,I ?it fractionally higher
prices Riket I liegeman b*bs less ac?
tive at an sdvaa.ee ef ' of s point,
th?? rights improving I polata.
I he tul 11 ? t aras narrow, ,-tn.l with the
sxeeption of Atlantic Reftaing. which
sold otT II ?pointa, pri?es ihowed little
change. Jamba Extension Featured la
,|"' mining ?roun and sdvai ?-??d :i
? d bu m? i oBopah
Merger and Weal Bad Consalidated
were reactionary, the former losing 2\
points ami ths lutter ..
INDUSTRIALS,
Total
Opea nuit Low. I.a?t
i ??. i ?
K l| ??Held T
'
Jl ?I.? r-r
M?iton
i ? '
?
: ??"I Hiker A
? *? '
? Bier I Ins 'i a I.,
B1 tNDARD OIL SUBSIDIARIES
'??'?
n
?H
M
l4
? ?
'??S
ii
u
m
i
14-4
?I
?W
?
n
i?
'?
?
? ?
? .
I- 4
??m OU.... M', il , H',
?i attaatl '.. f ; t ?
: Wurkeye Pip? l.. !" |1| 11if
10 I ' ?Tit III?' II ' MI . 'I ?H
.
? 1.
.. ? ?> ,
; i
N..HN. -, |1| e I,
in m ni
? ?> i ?
ithern Pip? '. i ?! .
'
i
of N J
?
?K I. . . , ,
HIKING.
14 Ott? Atlnnta ,
I ?... |r I u
? ? raoili n . n n |o is
*
?
eld Com.. 1', I1? IH 1\
x' 11 O
0 ?Jumbo Exl ? R
*'
% A A
? ? ? ?? .
? 3:M ',
? Uewart . - |A. ! , lo. |t4
! ??' . , ??,
4. T'Hi ?'! i'ii?.i all M.?r?. i S3 SJ 51 '
? '? '? '?
30
4 ISO \a ? H i:r? I ? lot
?St-n ceata per afeare, ffji dividen?!
INACTIVE YESTERDAY.
INDUSTRIALS
it, :
An 1.' |
l'.-T T ?
in: t: T rtfe 44
.
T? . :'?
Mar of i
?il.. U
?Heater Con IS
I
M
?
c Arla I
. ?
11 Pa-?.
tier 4
I ??
? tv r . ?I!
; Pi pf .SO
BU p$ v -??
?. ?'. I
A B
. l'Uni
HM Aak.
M IM M..
K..r I?ke <
H ??
?N.v niiis.. ;r
? M I
. -.? M?alas-? I
, rl-Bulll
P l f
i.-.t.a O M .
KOMIS.
? .*. H tl
1
1
I
*
n
?:*.
Mita per ?hure
STANDARD (?IL SUBSIDIARIO.
ilmer J
ll.'oad et l
Ttaet laj
ii
14%
111
.??.
17..
IM
?'.
ni
?
171
144
'i .e UM.Ill
?
-
-
...171
do ; ? ?
? ?
?
....171
l'rnlrl- OU J ISB.....I7I
?>il.
R : ? .
. ?
?
?
1 ? II of X?
.?
.
?
BOSTON CURB MARKET
?n, Nov. la. I
the Boston curb I
i 1
11,
?1
i?i
i ?
Opea
?
- .
.-.i. ?
Re*
?
?
.i. ??
.. 1\
, . ?. .. l'a
Meta
lft" .-r. ?
j y n
?
... n Profit Bbai i I
were:
lllnh. Low.
?
i.
?c
Me
l.'a
?
?
?
IH
.
Hi
?
.
ut
M
?
4*
171
I
4 '
Ml
. ?
?
i- ?
i-.
Id ?
?
?
i
1.00
1
l1.
?
,g bid aad asked prices
I l :. Aek. |
Alvar? do
_ SOo
.. l"?
- ... He
Crown 11
'
BB
?
? Con I1?
M lie
n ... IV?
?
Jllllll?.! I
!"??: I ?a B
?
Kln-Dar...
I
. Baltic
-
trt .
o I'..-I.
? w End.
. . i lit
i. .
?
?
t -
4 .
til
1.
-
II
?
Ok
?
SHORT TERM NOTES.
(Turn'.
Samt an?1 ?
?
?
v :?
?
?
1
Hock *
r
;.
V
N Y -
?
?
? ?
?S>uUie:
Jan"???.
fr.iu.l I"r Ut
l?U..
i?;y
.r 41
A
M? I.
itl.l A?'<. P.C.
- .
-
;???',
i -
i
I?
?
?
? ?
,
i
?
I
?
H
MS
-
II ??'
'
?
I ??
LIVERPOOL MARKETS.
? , || Ulli t .\? ?.
?. . s "
? '
te?. 7? I ??? -eml?r.
IUCOV ? ,
.
.??Hill I I? - - VIIU
v
? ?
PRICE MOVEMENT
IN COMMODITIES
Wheat and Corn Close at
Lower Levels?Rally in
Oats?Coffee Declines.
i
TOTAL Iiom i si i< UCHPTS.
-i ? '. iji*
' Whant, linah II, 1 1 la. TW
? ? i, I , ,
?'.it?, buah. *'?
: .-!. .. I? . . Dill
Hya, t ?..h . If. .
Mint, buah .... 7 ? ? ? I?
????....?
Mil".
a*,-ks.. ,.11.301 ? ? -, l ?'? ?
I'r jaaa. I.unli , .
?
. ?
1 . ..r. l.t.'s .. . :
? i|l< .,?... mm ka.. I i ? '
I
i i 'ornn i
... . . ? -?
il, i.i la..
Mav tona ,.l,t
?
llama, bos? ?
. ?
?
, ?,
l?nr.1. Sees
la.r I. , as
Tallow, ' -
? . 1.1!'/,
...
EXPORTS.
v?'i.-it. bud . ?ala. M
Corn, i -ah . Pork 1,1 la.
uni*, buah
i , ??
' "
"
lb. . i '"
: I -a
' ..nun', i!. tibia
lb....... 1 ?
Uran. It?. ...
- 1, I-Hi:?: I ? ..?
I
1 ii.i -, .,. ?
? ish ??i in mom.
Iron. N. No 1 I 5 i . M- - Ul
? i i ato
? illa
Tin ...
I .
?
.? h- it. No Ire* 1 1? ? - ?
11*4
?
???-a
GENERAL MAREET REPORT.
? LSll
GRAIN.
Will,
la?'
i fr-iii a ni apatl
. mark, i ?, . .?,.i nu* ? , i vas at
?
?
irada. I
' matnl .t ? h. .
?
1
' ? .
'
i .
I liar?! II UU V i \ ???
I I, Buffa ?'?ill
x . ?
?
1 ?.?.'. ,
I .?I. '? ,
'If.'
.
? tul ralll I lai porta that t i
ii:-?r' . I
l-a?li ?.
'
|
m < Kwiii m -
?.
NEW YORK ??RICES.
Wh.at I ???-da,
1 ?
Majr .
CONSOLIDATED WHEAT MARKET.
?Ja>
Vl.T ......I ,11-11
INTERIOR REI.LIPT8.
?
T? 'lar
Im", ?tak . .
Laal >*?r ii
SEABOARD CLEARANCE -
,
I ., ......
I
lut wmr
FLOUR AND MEAL.
A flm ' . i ?'.-?' ?
-
. patenta.. 1
I
.
2. sa '
?? , ? lin: KV
1 LU? Il
II .m h r
'ai
?
i I
?
I
I
I
?
.. .
'.
-
111. ti..! S?r.r ? marl ? ilu Kl-,
;
.
!..
Sam Tori
1 ta 'lrllvfrir..
I
I ?ii ?
?
'
PROVISIONS.
.
...
in? I, I.I It
-
i?lii:-.-i.n IKXi
111? . ?
I I 1 Ml
?
CA-J
1 Mil' ?' . M
?
'
?
...
COTTONSEED OIL.
A fini. ? ' market foi
I
?
?a* m' a ?
iianri * .i ' ?
-
; ? ?
?
I
'la.
Bam .
4 I
1 . - 1
||
I .
?
.
SUGAR.
w-rr- M.? . I'
Cuta* ai
prie** ?J
c*risrlf'i<. L
coiMin PRODI i E MARKETS,
' ? ? m le, teil
BUTTER.
? ?
on r_o?t paaaa 11 trial i rasaa rj .
IT. '??
;
CMEE-E
< a aaklni
?
? a - - ? a
'.??
' .
: i ??-. l.iuiig .1
- .
E?.I.?.
. 1.1 I <???* n
-
.. . ? I
I - - '
?
? ? -.
??Il
IHUIT8.
I It? .11 .4.1 . . lUl'Mr
U'l'l.l
I I 1 ?
t ? '? VI ' -
i
ii. r? I . I?.m.
Ill,
? " \ ? i ?. ?..
14 .n. I .,
?
i.i
l . v .... ?.
. \ \, V M. I ?'
?
HAY AND bTHAW.
Ttier? I? a i
. .
Il AI
-
iti..?-r.) .
PUIAlot? ANO ...
ictiuca ... i
?. . i
t - .
?l . .. .. i
? ?
?
: ; H
-i
?
?
. vim ?...
- .
?
?
i.\i
51 ,
?
U ' ?. ?
i
... , .
,
. i
...',- ? ., ?
?
'
POULTRY AND (?AME.
-
V
?
. I
I I IIK1. . I ? . .
t 111. M.W U I
?
?
'
|
?
?.I ? |l AHM
1
-
? ?
?
I
-
? im Ki l iiw i- .i ? :? n|.i>
? Kl4. I. I
-
'
LIVESTOCK MARKETS.
.\?>? ^ tttom li ?
aiavca.
?
?
i
?
-
ULV:a.
I
'
?
? ?
?
?
j. t;
?
I A .0 LAMBS.
?
?
?
?
?
it. ?,l ; ? ?
? l
?
?
-
?
?
? ?
?
?
?
Bank of England Return.
return
: nglantl shows the fol
? ? x?. circula?
?
_
M u YORK Cm li(?M)S
(Furnlati. ?i tl W. h ?i I.
???r at i
?
? 4
Executor Trustee
Charters. 1322
The Farmers' Loan and Trust Company
Nos. 16,18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue
New York.
LONDON 15 Cock?pur St., 8. W.? 20 01.1 Broad Btrset, K Q
PABIS, 41 Boulevard Haawmann BERLIN, 58 CFsl r d-n liste, I ?, f
Tra, clers' Letters rJ Credit, Foreign F.xchi
Idminlstrator Guardiaa
COTTON MARKET
CLOSES HIGHER
Buyers Found ?Supplie Scarce,
and Old December Contracts
Jump-Spots Steady.
? ? very little eetteS for gale
?n the future? market '"re jettt
the iaspree?
' ist the decline had been soft*
1er the
being. It is expected. however,
that i Satnr
day, e
' ? ? - 11 000,01 0 I .
? ri a lar.'e ?.vailable supply in
- isd anted by a com
on of ginnii .-it t.K
?n prontol ? .- on the
? of the i.r i - et After a
idvanec fluctuations were lr
?r. with the close stead?/ net un
gher.
Spot hon es age I ?rilling to
?? Decemb?
tl 7.03e, <>r 11 peints above the low
o? Wednesday morning, anil 1st? r
Id about 7 to 1. point
hipher. with July leading I
? owing ?i irain of 21 point i
the previous low. There was some
r* uli: ? ? rday'a buyers ?round
? ?? advance I
? ! to bring out a little more De?
on, and prices reaeted
slightly, hut ele ed within I ee ?'?
? of the best ?m mon deliveries.
Southern .?pot marl 'ieially
repori be lower to l-ISc high
i red. Exporte
? 29 bales, making
accumulating, amounting to 1,1
bales rte, while the suppi..
? at tl.e end
? ? 'ib i- expected to exceed a
million bal- tablish a new high
i> e< rd.
at on the basis of IMe for
middling; no salee. Local contract
prices:
-
?' ? 1011-7 ?
? i
. . ?
? i
-
? tm tarn
New Orleans, Nov. 19. Improvement
in tone and more resistance to selling
bows tn-da> At no
i prieee under the levai of
. Hgui ee. lit d (he
.,? .. r el gsln of '.' "o 19 :
- from American mills
. estraeta
for cotton u?1'"^ bad been pin
try wre bullish infl .
Futur?
'
-
?
'
1 . ? I 7 7n
Spot barely steady. Sales, 8?>t) bales;
middl
5pot, fair bus
doing; ilstion
i; im
. I l.'.l. Futures
: ?
I; July
CHICAGO WHEAT RALLIES
Early Drop Recovered on De?
cline in Receipts.
in ri????? n p unary |
lay from S
.
'
-
bed at
trying from 30c down to a
the last hour,
?ed ? drop
nwing
i?>r the
! -
SB. At
ne time 1
let-u ge of pi
'
, . '0 SO
. . ?
11 I
-
_-1-?-?
One Per Cent on C. & 0.
ipeake i
t met j
it, winch, it was
?
? mber
' was thought itl some
rs that tl..
?
U. 3. Treasury Finances.
.
a ?
U i. !.. . ,
a . , 1 II
|
DAILY IMI'i'lUs" \M" I M'liKTS.
? I
?? ut tho Port of Ne'?.
?
I ?
?'
i
?
Exchange Seat Changes.
l"h< lisais in the
deal ?? ?? ^'nck Esessngi
?? iol : it ?????? -, w<
The membei -h i? tra
? those of Le H I
:>' V. erren, ir- .
I'tiicy !.. T in ?i A
. nsei f ?'i? i.!?o maile that F.ugene
Si elected a member of
bang?
NEW LAW CHANGES
BANK STATEMENT
Will Create Abnormal Surplus
Over Last Week's Clearing
HonSC figures.
In view of the fact that to-morro?''s
?o be
?
since the changes in ,;air<
Albort H.
rnian of the ? Hearing B
ester?
?
lerve. For
?.tuse havo
i to keep i at re?
ta to the
that each ii
tain th? I Pod?
??r-tl Reserve act a-.d the revisad *tat??
banking law.
"?.. Mr. Wiggin, "tro
Surplus over the U : ? iiiire
tl return, abou*.
000. The reduet ?
quirements is such that the ?urplu-i
. ?
probably bo tOBsiderabljr over 1100,?
"The Clearing House Committee cm
.?*. it m?, i i??? remembered
that tl I ge in condition,
inly a result of I ? n th??
York
Clearing HoBSB, and that ll is probable
that for a I? to come the bank
statement ?? ? larga
.
reason that ? i
ris tind it ? sble to d'>
itisfaetorily on aa low a re?
-.?> law pern. ?
"in view of thi ?? i pabliflhed
for th.- '.and
the difference in reserve requirei
the tota ? ?I no
comparisons with
? committee
feels It H to the
rdei tnat it
may be irplus
? . . . ?
. ordi
nrtlll;.
ge in the la
-n banking
SS are r? I and until
I and call
? ible."
TO ELECT COTTON BOARDS
Loan Committee Will Choose
State Bodies Here To-day.
M ishingtoB, - .?'. c.
sf the
? r BVe he.-II
?. left here
? I the
loan cuiiiiii a
fand.
Mr. Hard i ? ehairasaa of the
connu ? rork will be the
n the
prodocin
: ? |
- will be in
'
| .-ii.i niu.'ii
the i.?
NC0Rr" MEO AT ALBANY
?. . ?Ilona were
!
"
S i
- I?
'
!?
? ? ? ? V
' ?
J.'l.OO",
i ; i.
v ? \ V
I
I
.
?
?
'
l -, S V
?
'""VI; B
. ?
M -, \ V. .,
'
?
-
:.
'
?.
'
1
? I liar
.
THE Mil \i < MARKET!
. **'
?
i
1 rk. m
?
., ? :; * '
' !
Guaranty Trust Company
of New York
140 Broadwav
Coital and Surplua, 9 30.000.000
1'otal Reaourcea. over 200.000.000

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