New-York tribune. [volume], August 16, 1915, Page 10, Image 10

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

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Opportunities
cx>trte to tl**c??e prer??n-*d to
take ?k1 vantage of the-m.
Our crrtiflcatf? of dr-poBtt,
which pay Interest on sums
of $1,000 and o**tt ond larger
rate? upon larger amount?
for definite pchods facilitate
the profitatsle emplovment
?aid instant avr.ilabil ty of
funds awaiting opportunity.
The above and other ?er
vices of this trust company
arc briefly indicated in a
booklet. " It? Service to
You," ?sent upon request.
Metropolitan
Trust Company
C.eorfe C. V?n Tuyi Jr.
*r?~B?lteat
49 "A all Street
?
New Secured
Debts Tax Law
Tb? test of the Ne-? York law
mH a summary of the enrntial
details oi the tas tnd U* eiem?*
tion ttttutct. which directly af
feet bond? ?nd similar ?ccuntie?
owned b> r?sident? o? New Yerk
.*>t?te, will b? turniwie?' on request.
Send for Booklet 63
Harris- Forbes & Co
??1rs? Street. Corner Wllllatr
NEW YORK
W.N.Coler&Co.
43 CEDAR STREET
NEW YORK CITY
INVESTMENTS
High Grade Municipals
Legal for New York
Savings Banks
To Yield 4.20%
TODAY IS RIPE.
; ? ?-ne* af
|
as a gu?rante? ' iremendoua ;
Submarine Boat
Canada Steal
American Marconi
app?ar to be < ''?'*?? Pr"
?TW. HARRIS & CO.
MeBBber? of S "?. Cark atarkH *??'n,
50 tROADST.. H.Y.?fixa*
?iTilIVIi?lll.'li'-Mrirl'iH-g?
/Etna Explosives Co.
American Brass Co.
Amer. Light & Trac. Co.
Bucyrus Company
Canadian Car & Fdy. Co.
Du Pont-Hercules-Atlas
International Nickel Co.
New Jersey Zinc Co.
Pacific Gas & Elec. Co.
Yale & Towne Mfg. Co.
Lamarche & Coady
Phone 9970 Rector 14 Wall St.
>:. ay. bum
1?! I'OM low IH.lt
AMIJil? IN BRlss
AMKKICAN CHK IK
FREDERIC H. HATCH i CO.
Vhone Broad .'.HO, SO Broad St., New York.
l'rlfa- '? -. - I? noalor: uid Philadelphia.
Wm.A.Read&Co.
Investment Bonds
Nastau & Cedar Street?, New York
Calcas? ''; ? ' :?'?'! B '
DIVIDEND NOTICES. _
I.I M KM I III Ml? \l COMPANY.
:? Bi i, mi.
a quarterly dividend ' on? -ml one?
paid Sapiens-.
HIS, to rommen Stork holu-rs of
I at I P. M * h u?t :
LAN? ? a?urer.
ALDERMEN WIN PRAISE
Citizens' Union Pleased with
Board's Recent Acts.
? : the better have been
ht in the Hoard of Aldermen in
? .-hteen months, according to
I the aldermanic committee
o? the Citirena* Union. A lararaar?" of
public yesterday
b~r W. E Youker, secretar** of the t'it
Vot? n :i: ? especially
?i the election of aldermen
? ??ir, it i? pointes*] out. because of
? n of control in ?ocal afTairs
to the city by the
? ; m n.
Alderman Curran and his associate? :
arc praised for the "house-cleanir.ir."
- amenta <>f the
I i re I an d i
af or?: rin (if the build?
ii?)* code and the i
he formulation of ?:. el?
and adequate safeguaid:. fur
health.
TBUST AND SURETY COMPANIES.
m : a Bid A?k.
- ?Law T A T...
/ ? a
/ ?- . 317
"-(anker?' ... 410 x a
-'?i
I av ... .43 ? H'.. IM HO
: B .... 471 .'al Huret?....
?
B .... I s . i M -, S... 107 lli
Commercial... ! N V . ?, -t.?
? n.l.ir. - ? ? ?. 4i> 17 :
Kquitabl? .. < < ..._*?..??
J-arm 1. A T.
Kranklln ... ' ?
KuUon . t T... I7? ?-v
yidelltv .
t.-arantv ... t? ?
iUinllion .... M *. T... Ml M*
ludion Tr... 1? IIS 17 | ?i _
Im Itkg Cor. 100 4 ? I
?'-?a? 7\o.tto .-**V* il X4.il i.O il?,
Uwrw?" ... 171 1711 |
WEEK IN FINANCE
HERE AND ABROAD
Heavy Fall in Exchange
Threatens to Affect
Trade Adversely.
BIG BRITISH CREDIT
IS BEING DISCUSSED
Allies Likely to Put Cotton on
Contraband l.ist ? Bright
Promise for Grain.
W th the purchasing power of the
British pound sterling, as expressed in
. American dollars, decreased by 18'**
cents from the normal and the market
1 for bills on London, nnd on Paris as
well, practically demoralized, the for
e:g:-. exchange situation has taken a
place in the first rank among the eon?
: siderations that determine the imme?
diate future of finance and commerce
in the United States ami. it may be
said, of the security markets. Approxi?
mately two-fifths of the decline in ster?
ling checks occurred in the week just
i ended. And neither on Saturday, any
more than any other day, was there
anything to show that the downward
movement was at its end. Not even the
extraordinary importation of $19,fi0n,
000 of gold from England in the middle
, of the week, nor the knowledge that
accompanying it was a large consign?
ment of American bonds destined to
serve as collateral for advances *o
Great Britain, was of avail to stay the
. decline; nor yet the well substantiated
reports that a credit, variously stated
at $100,000,000 to S.SOO.OOO.OPi") and
more, was about to be opened here to
meet the bills of the Allies for war
supplies.
Decline Must Be Checked.
Plainly the downward movement in
exchange cannot be suffered to continue
Indefinitely. Immense as are the sums
Great Britain end her Allies have
raised for the prosecution of the war
and large as ure their gold resources,
they cannot be expected to go on for?
ever in the course they are pursuing.
Gold supplie? are not limitless, nor are
? they entirely available for export to
this country. The war must come to
1 some time. When it It over
' ??***? capital uaa?-l be r?ase J by a.-l the
belligerents for rehabilitating their in?
dustries.
Great Britain, the clearing house of
the world's commerce in times of peace
and destined ?train to hold that proud
I title, least of all the nations can afford
to impair her credit standing by going
i on a paper basis. Yet that is oi.e of
I the contingences she must reckon with
if she continues to send her gold here.
Fortunately, not only for Great 'tfrit
ain, but for this country, that possi?
bility is yet remote. Besides gold as a
means of settling her debts here, she
has American securities. They are, if
anything, more acceptable to our bank?
ers than the precious metal, of which
the supply in this country is already
inordinate. Much more of it would
surely precipitate an inflation in the
prices of goods and labor here, which
is even now foreshadowed in the infla?
tion of security prices. And in the end
it woul'l be disastrous. So long as the
war continued inflation might be ex?
pected to incre.-'.se. When it wa
eluded and the nations began again
their competition for foreign markets
we should be under a handicap thnt
would take years of economy and thrift
to overcome.
Problem Is Partly Ours.
But meanwhile, if the decline in ex?
change were to continue, there would
. be a falling off in all our exports, ex?
cept in munitions and materials of like
character that the Allies could not buy
elsewhere and could not produce them?
selves. And in the course of tinr
would likely occur so great a stimula?
tion of their own production of war
supplies as to make them increasingly
independent of our markets. Primarily
it is for the Allies to be troubled about
the decreased purchasing power of their
funds in this country, because most of
their contracts with American manu?
facturers are made payable in dollar:;
but if there is anything in the idea
that the prosperity ol a merchant de?
ll on the prosperity of his cus?
tomers, it is our concern, too, to see
that the pound, the franc and the lira
lote no more of their value in exchange
for goods than can reasonably be pre?
v?:.-cd.
Apart from the developments in the
international money market, the United
States is confronted now with another
matter of great importance. In Great
| Britain, which is acting for all the
! Allies in matters concerning the block?
ade of the Teutonic countries, there is
, a violent agitation going on whose end
I is to have cotton made contraband of
I war. Not only is the demand wide?
spread among the British people, who
believe that Germany's ammunition
production would be crippled if cotton
were prevented from reaching her, but
the government itself is giving the
matter serious consideration. Only
Friday the Under Secretary of State
i for Foreign Affairs was quoted as lay?
ing: "The Allies must by all lawful
1 means prevent cotton reaching their
' enemies. It may be considered nee? s
sary to make cotton contraband." A
significant stateme.it. at the least. The
! memory of what happened in the South
last year to the planters and to all
those dependent on their purchasing
power, as well as to the railroads, it
too fresh in mind to permit that ?
y to be passed by lightly.
Switch to Railroad Share?.
In recent weeks the changes in the
War situation have ha?l relatively little
direct influence on the security markets.
| With the sales of American stocks and
? bonds much diminished after the pay?
ment of the initial subscription to the
I in, the speculative community
bus looked upon the war more as the
provider of business for American in?
dustrial corporations than as a menace
to its own interests. It was only nat?
ural, then, that it should have' been
troubled by the prospects of an early
peace that seemed to be opening at the
beginning of last week. The rumor that
the King of Denmark had been ttked
to sound the Allie- on the part of <><*i
many, like the later report that the
; ? paring again to exert his
? ee with the warring nations, had
ffect, for the time, of discouraging
immitments in the wni iatm
aof inducing protit taking on outstand?
ing contracta. There wat at the same
time evident a disposition on the part
of important speculative interests to
transfer their market operations to the
standard issues, the railroads and the
seasoned industrials.
Por the change the time was seem?
ingly ripe. Stocks of known and un- |
. merit had been rushed up indis?
criminately as in the London rubber
boom of a few years ago. Those of
little intrinaic value wen beginning,
to bhow signs of the strain their back?
ers were under in financing pool opera?
tions without U.o much aid from the
banka. To encourage buying of the)
i-ulroad shares there was the kn..\\l
edgt that the Interstate Commerce Com- ,
mission had completed its findings in
the Western rate case and pc
statements from Washington that they
favorable to the carriers. There
\ at, beeidet, as a back log, the outlook
for bountiful harvests; ami general
business was known to be increasing in
activity more rapidly than at any other
tune since the beginning of the year.
Rate Decisions Hit Trading.
Early in the week the railroad shares I
rose buoyantly, together with Steel -
common, ).he latter influenced by most
ophmistio report?, ?if the buaiaeei being
?lone in the country's h??ic industry
Hut the hopes that had been built on
the Commerce Commission's predicted
decision Acre rudely shaken by that
body's ,in?lnig*. Instead of increase?
being granted on all the principal com?
modities, only one wa? picked out for
an advance in rates bituminous coal.
There were increase? granted on other
commodities, besides, but they were
relatively unimportant and the aggre?
gate advantage to be divide?! among
forty-one railroads wa? no more than
ll.rJ00.000. tin Friday tho railroads re?
ceived another blow, again from the
Commerce Commission, when ? reduc?
tion amounting to flO.ono.ooo In the
, rate? on anthracite was ordered. While
| later consideration tended to reduce
the*e shocks to ?speculation in the rail
I road ?hares to ?mall proportions, first
! impression? prevailed to the extent of
, discouraging further commitments in
| that part of the list and bringing about
i some return to the war ?toeks. As time
I goes on, there will probably be inrreas
' ing interest in the standard issues and
' such influences as last week's splendid
crop report will be more potent. At
present, however, stocks appear to be
marking time.
A Billion Bushel? of Wheat.
The crop report, with its indication
of pt'.fi.OOO.OOO bushel? of wheat, made
a billion-bushel outturn, for the tirst
time in the country's history, a re.ison
able possibility. There was at the same
time a promise of '2,918,000,000 bushels
of corn. Only one harvest has been
greater than that. Taken together with
the other major and the minor crops
these expectations made a composite
picture of impresB.veneaa. And when
it is considered that this great produc?
tion has come about in b year when
nearly all Europe must seek our mar?
kets, the outlook for the I'nited .States
becomes brighter than ever.
Money continue? to be easy and there
is no present prospect of an advance In
rate?, even though the season i? at
hand when the West and the South
seek funds to move the crop?. Within
the week there has been a small reduc?
tion in the quotationi for time loan?,
and as yet mercantile borrowers are
not taxing the lending supply of the
brinks. Thanks in part to the import
of gold during the week, amounting to
$19,500,000. the reserves of the Clear?
ing House institution? have again
shown a large increase, the surplus
now standing at over $187,000,000,
though loans expanded $25,000,000 and
demand deposits nea**?y $51,000,000.
WEEKLY CURB TABLE.
INDl/STBIALS.
Sales. High Um liant. CnMga,
..-. A.,..sr.--a yirm c ? '. % -
S Am smelt s rr- lt-:' M ??? -
lOOAiii ?si Paper.. 4 4 4 ??
10 4." Am Zinc . IHi il ."? la - *
?n Car & Kdv.li-? va U* + I
.12s ii? i., ?fini
?;. Nat lias C. : 1 14 -
... 3?, 3i ns ? 4
r it a.. Pwr.. i";- Ml ' . + 4
,.'. i'lry . 14 !.. . 4
1,5?M du or . a**? M U ? S
1.0*5 Cramp, shipl Mg ?7 70 7: ?
: If ? i.:.- irle Horn ,..?tM 47? 44'? -t-10
2,060 do pr.?M IM 4??-. ? ?
I do new w i .. 4*4 17. 434 ? S
?Emerson Phono. US 13?? MS - S
M ii.sk Tire . '??- ??-' t?
m Hall mm-al .... 1*4 is '???'. I
Mfi ... SI K ? S
400 Houston "11 ... l?i 13 13 S -t- 14
2.125 ii.t si >kel : .17.
? i ? Mi r M . if* .'? '.;. - ? :
i
Ml do nr-ss tt I.... 4:; 37 41 ?-?
do or w I. Il . . ? + 1
. -? ? I
do pr . **"". 4. ??? , ? '.
11,720 ?Tat !'? troleui. 104 ? ? '?'? - 7?
r 'fs 74 74 < s - 4
n l'timi... 1*4 7 7 3
lo pr.II 124 1? I
nOKatho Bronze |r 3S 3 14
Kell) -; na Tlre.ll 17. '- ? 14
39 l| i..173 17: 17. 1"
' It. 17:, 11 !, ? 14
r Am.. 54 44 4-, - 4
- '..r ' '.in. M -
'. y Tramp. .. 1*4 l- 1?4 ? 1
? yrene M.'g Co. 114 134
Iker-Heg ?v.rp 14 I ..'. -
K7 Bavoy "II . 9 :-:.
tan i Motors... 11% Us U
?? i i Hum .? I. 24 ,
? - ? ?Lead. 13 114 114 - 1
?- .
*2" V Clg sir? A H ? 1
do ne? . l'\ ??: 104 ? %
Profit Hh n? ? ? . 7 , ? 4
? ??:. are, C Oll.. U4 i-'-- '?-'- 4
. orl I Film - 14 14-1-4
STANDARD OIL SUBSIDIARIES.
174
?"7
1.700 Anglo-Am Oil... U
4? Atlantic Belli
231 Buckeye P i
H ?
1" ('res, rnt P lt.... ?1!:
li Eureka P l..-i"
77 Qalena Big OII..1M
177 Illinois P I. ??
14" Indiana P I.....:???
M N'ai . ran it .. U
47 Nortl ern P 1.
? ?hlo ?>l! ....
1,1
77- Prairie l' L.
41- Pralrli O t\- ?.
II Pol ,: Refinlni
M Southern P i....:K<
714 Bou Penn i' L
? ? w Pa P I.
'.:? Stan ' ? I
?
? -?.,:! ?. of Kan
77 st...f K?
-tan <? of N J. Ill
G Bwan A Klncll .171
i ' i mon Tank !.. ?i
4'i Va? u un ' mi .. ,.221
MINING.
?Atlanta .
? ?Alta Con M co M
? Aiafka J;ia w I. 174
M.S00 A:;, Commander. 16
A rli Duquesa?., 3"
li.ooo ?u Cottonwood.. 16
"..800 Big Ledge Lev. 14
i , ?r.. ?? 74
3.100 ?Booth . *6 44
?.1.100 Ca.edw,;- Cop..ll-M?M
1.300 ?Chi!? COB ?? I.. 1? US
2.400 ?'?'?is Aria Bos... H \
l.aeo ? ton? Ni ? ?Utah. A A
1.000 I>!am BIk Hatte Z L
i*.fiivi ?kiv ? on . .11
107.S00 'Emms Coppi r.. I <?
1,000 ?'irr-t .N',.t ? top.. 14
. .
? *:"-'-nesee . 4f?
: 190 Goldfleld Cons
Can new 40
a i 14
I.S10 'Iron BloMom... 74
,' 190 J-.imto Kxten. ..! 17-3:
? .? ?ranas
Kei ? - - ?
' ?>ne Star ....
" .
Mclruyre .15
?McKln-Dar .
. ? ? on... 1A
l.,, le ... 30
? 'Nevada Hills
? Sew I'tah Bl? -
. " S . Im n? M
? ro . .. 7?,,
? - ?.Ras Coi Min .4?
' in ! Keii'Ull
?
101
11
111 141
24"
1
1 'I
14s
12"
1? ,
3s.-?
21?
US
334
417
120
? '.
-
- I
?
-I 14
-11
-i-13
? I
- I
3'..
47
31'
3s
:.
?
-
?Silver Pick
?
s
? - Mlfc n?; 14 ??"?
lit M ?24
1 6M ?Tono Merg?
no Exten . .. 211
971 Tono r? of Ne? .
Il KM w ;.??? h . 14
ni n i
.
RAILROADS
.. ? ? ?
?
704 Mo P? ? >?
BONDS.
\ COB Ariz ..
Mer M
?
Mo P?
?Centi S ?hare.
?
114
?- S
14
. ?
1214
BANK SKM h,--.
Arnerkan ... MB
... . '. ..
A: !.?.
Bat!? ry Park IM
?
.
i ; ,".- i ? ?
Cen? ir> . 17.'
. H
Ch ?,- I
Ha... US
I . ?rOU
Cil Cen
CIl v .>"
?? ?1 .1 Ir N. 1?
-
. ? '?'??
I .... ??""?
- h... .'<?'
. !"?
Kat..
Fifth Ase..
Ktfth N.?'
Oerman-Am.. 123
Herman
Uermanla I
?, . 77''
Goiham MM. 1?
rli m Sa?
' :
. rad UT,
ins Nat Kx 1>?3
? ?
.
? ?-. Co J"?
:ton 27.'.
.
.
Mi ?r,.?ollian... 171
? M? . nts' ... 17..
-.
2.?
. . ?
Neth'n'l
NBA
York Co
.
x k .r
?
?tnan . 1*0
... 110
. .. . -
. ?
-
?7 \ .,
_? ,?.-??
-.ior...... ....
Ml
- ,
STOCK EXCHANGE FOR THE WEEK
(Rejirintod from Tho Sunday Tribune.)
Following la the usual table giving the number of share? of all etorkt
deelt in laat week, together with the hlgheet, lowest and final price? of the
week, the net change? of the week, and the high and low price? of the year
1J15, with the high tnd low prices of the yeer 1914.
Total aales for the week, 4,864.500. agalnat 1,871,?00 a week ago. Thla weetk
a year ?go the Stock Kirhange was dosed. From January 1 to date, 85,060,700,
against 46.188,100 in 1914.
in? ll'it I
?l?!d rttn
: :
I *
. ..
i I
T 4
5 '
! es
?.4 I T
< i ;
I .: |
?
5 ?
8 1
4 t
r?
e.i
s :
|Adtmi Kl|r?M .
Alai.a ). ! M -a
jAllla ('llalli.rra .
| ilo prtfrrrad .
?Am Afr ? I I te?
ll ?? r-H.
'.Am Br??l lafSI .
, .1 . prrtVrrrl . .
I__ ll?ak.- I a F (Ml .
i tin prrirr:?! rift.
? ? . .
I do im ' .
?Am (ar A I u lr|
? In |"?'?rr? i .
Am ('?.?I rrodui'tat .
?. . Isa Oil .
.in ttetertmi .
Am Kir'- * ?
Am III.I? Ar Iy?_i?r
d . | r.?''?:??!
Um I?i? At. .iri'lfi
Am Una -I
, lio prtl?m i .
Am laaromntln. .
I .In pr?f?rr.| .
Am?r1._. \!?lt .
<|n prffrrrrd .
Anarlrtn Smritlng .
! da prsfrrrH
? B.
'Amrrl. ai : i.T
i I Fmindrf
? S'lltir .
do preferred .
An Te: A TO .
Amrrl j:, Toi.arm.
i ?! i | -'? nmi mm.
a --i ?. \\ - ?n .
7 ,| . nnaTrrred.
? Am Ui'lrs l'ar>?r prat..
? a
v? .?? lUtlUstka Ca ..
t At?-hlin:i .
- net.
s Itlsntl I ? ' I In?.
I . ' n.ntlft ....
: i referred .
Maori a oiio.
4 ' do prr'rrr?d .
? BatnLl'a? Milan? .
Udtbtni .-.'"I .
t I do prrf-."? I . .
< iBrnok.rn llapld Trinalt
( Hrrnk'vn I n] m (?u.
|Bl ??-:? ?*t:- ? ? n . .
1 ,i ? atatertei .
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s :
4 9
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Cinsdlsn I'ta-iflu
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7 ? dn pzetmrr?d.
? lri,?aap.?k? Ar Ohio.
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i si rsga 0 ?? wssteni
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PARIS FINANCES
HAVE FIRM WEEK
Three Per Cent Rentes Fall
to 68.50?Banks Gain in
Gold Holdings.
fB* Cabla to Tta- Trltxm* I
Paris. Aug. IK. Financial circles last
week reflected to a ?light extent the
uneasiness noticeable in political
spheres. Three per cent rentes fell
away a fraction, to 68.50, while 3Va per
cent amortissable touched 90.90.
On the other hand, the general
course of the market was firm, though
there was little business, and chief at?
tention was given to discussion? of the
liquidation of pre-war account. In the
hope that a settlement of this question
will be reached soon practically all
Healings are being held up for the
time being.
Russian bonds held firm, while R?is
fian industrials showed considerable
progress, which was well maintained at
?he end of the week. The Hank of
France gained several points on an in?
crease in gold holdings, which amount
to more than $250,000,000 in the last
six weeks and upward of $145,000,000
since May.
Other large banks, notably the Bank
of Paris, the Credit Foncier and the
Credit Lyonnais, also feel an upward
tendency under the ?ame influence.
m
MILLS UNDISTURBED
BY HIGHER COTTON
Trading in Print Cloths Active
in Limited Number of
Styles.
Fall River, Aug. 15. Trading was
somewhat quiet all last week in the
cotton goods markets. There was fair?
ly active business in a limited number
of styles, but prices offered were not
satisfactory in all cases. With cotton
advancing, prices offered meant at least
no profit, though possibly no loss. Man?
ufacturers are not disturbed by the sit?
uation. Stocks carried by grav goods
mill? are not large enough to \>e bur?
densome, and it is not believed that buy?
er? have stocks enough to carry
them long once trade becomes normal.
The difficulty in getting dyeatuffl is
cutting into purchases of gray goods
Executor l^ota
ChRrtered 1822
The Fanners' Loan and Trost Company
Nob. 16, 18, 20 <fe 22 Williaim 8treet
Branch Office, 475 Fifth Avenue
New Yorki
LONDON, 15 Oockipar St., B. W,- 26 Old Brv-?ad Btrwr?, E a
PABI& 41 Boi-i-rrard Ha-ia-mann BESLH. 56 Unw dem Lmua. l f?
TraTelers' Letters of Credit. Foreign EicisUnffl.
Administrator Guardian
12TH EDITION REVISED TO DATE
of our deacriptls*? BOOKI.r?T oa Standard Oil Securities w'.:i 7? ready fttt
distribution In a f> - dar?.
In vies? of recent Increase! In prie?? tor -rod? oil ?nd refined produc?,
resulting In a general Improvement In the market for oil SB nu H lea tan
?Vsoklet outlining the politl?n of th? various Standard Oil Cor.-, par., a? an*
sct'ing forth their prospects will be of particular ?nteest to mv-aton at
this tim?
STANDARD
MAILED ( UPON
ISSUES
CARL H. PFORZHEIMER & CO.
DJ-ALEftS IN ?llMisKI? OIL -K i i.l :
M BROAD ST. Phone? 4860-1-2-3-4 BroaaL NCW - ??.
by printers. Most of the printeries are
running in full, though with much less
of a variety of styles than would be
the case if dyestuffs could be had in
usable quantities. Converters who do
not. produce colored goods only need
reassuring indications for general busi?
ness, it is believed, to become more
active bidders for gray goods.
Trade for fine goods mills continues
quiet, although some mills have their
output sold for the balance of the cur?
rent year. The style of goods of print
cloth yarn construction that has teen
in active demand is .38'-,-inch 64/60,
and the price offered it <!% cents per
yard, this bid being offered freely fer
contracts to extend te -January. Msn.
ufacturers refused to accept thi? bid,
most of them insisting upon ?V? cent?.
The total sales for th > week art ?|.
timated at 110,000 piece?, of which
about 45,000 pieces are ?pot?. Con.
tracts sold have usually been fer de?
liveries in the nearby month?. Thi
sales have been mostly for wide ?cd
medium styles. The quotation?: M
inch, 64/64, 3**c nom; 2?-ineh, ?S4/M,
3c nom; 27-inch, M ?o, 2 "."H?e nom;
27-inch, 5?" fifi. 2V; 27-ir.cb, M 52,
2-Sc; 384-mch, M M, 4c; 39-u.ch,
68 72, 4"*?c.
WEEKLY SUMMARY OF BOND SALES ON THE STOCK EXCHANGE
The following table show? the sale?, highest, lowest, final prices and net change? of all honds traded in on thi
New York Stock Exchange for the week ended Saturday. Auguat 14. Also the highest and lowest prices for the year?
Total ?ales for the week. $16,421,000. against $14,061,0 00 a week ago. This week a year ago the Stock Exrhaire
was closed. Total sales from January 1 to date. $183,656,000, against $424,665,000 in 1914.
Sales,
In
11000.
I'm
III h IaOW.AU?,
'I
Net
"Hange l.V ?lange"*!*, , sale?
hJ-e_JHVh_!-a-*? HT h \?W
-In
*iooo
r'ln
Hl'h Low. A ii? Net - -
14. ch>. - - K'.,h Lew
GOVERNMENT AND Ml NIC II'AL.
t; s u coup r- ?. ? . nos - h 1114 1101?
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