New-York tribune. [volume], January 04, 1916, Page 13, Image 13

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

Image provided by: Library of Congress, Washington, DC

                
-md-BBM ^?'>?'<' ? demaral
r;*,'\ ' V? draft? cs ling fcr
era ??
pound, though a
r S? ? [? M.Mth in OUI
? ? \ . ?. \ . ?
...
, " the -X
?torn
?asas
.?????"? ? n- Brii
? side and
? ' ? -.sine
tea of the
payable here in gold
'* j v. ""erlnu
;
- ? n?d
I si .. par
-
? war bro)
Britain,
i g, .....
, , ? ? ... Chili. Ha,
a sum
lues w?
e '
? based
?
absence
I ?
?
rade
Our ? arreaey Sound.
?
i
?
sid? red
?
?
-
? ?
,-r. are
?
? ?
-
-
?
i
. -
?
ii -
?
?
? .
- call
-
! i? Ratea,
?
? . ,1 rail
?m l3i to 2
i al
....
?
? ?
-
?
?
?
:
supply what
?? . ..
ew problem? will come to us,
?me tl s
? gth and re?
ver may
'
-
OPPORTUNITY AT
AMERICA'S DOOR
I Mil] - ,tr [j.
bring ?
and pros
'
I < . DWORDS, Preeideal
?uiton i n,M Compaaj :
? y and
r ! ??
?
er. In
? ? ?ge and
?
?.?..Id.
'
?o be
? the
non-re
.
-* country h
I I for 1916 if
: is and
? ?'. T< ???
? ?
? How is
.
?
litions s
?u-; he | resent - ra?
wo! ?a mi ___. i au
net knee el anybodj who can
what i* going to happen when
? o*.?*i Moa< propio talk isa t
Interested. n . * prei ct wh
??art
I fol ? v- ? \* ? ii :!.\ of ?
and ma i ? IV? It? eS
B .Uhi't
l Waring lion?.?- Mrmhri *.' I.
De? ?i |] ft n
December 12, ivii
December 11, 1911 8,1?*
CHAKl FS 11 HOT *A \UI*F.N.
?lent I Inroln National l?anl.
If the fa?; s?a? i-ot then gl
raa *e,i. th? beit.-f n*? since
-rpreed thai al th? outbreak
great Eut*epean war ?aman?rela!,
trial atul financial h'v*iii? m thi
try were in a preearloua cendltti
. . .?" was o? . by <!
thi? . ? ? ti ? \ ? ?? .. ..-'Mar.- c,
tant or
? atton ef the PAfsfaral 1
rvak of the
insequent r
' ?? ? litiona
: i . -..*, r,
'
try aie b? ? b ueh lu'ttoi
old tak
\ ,????
?
of cro
? atlmated va
and
ii farm? up io a
yond
?
? '. d happy pi
upon tin- ?tup?
? dema
.
but
'
ut ? mli
ght atk, Ui
?
I * so Immi
we i.*
.
our '
?
'
idence
tracl
?
?
?
? . ?
?
t
are now ]
?
I comme
?
?
?
? i
'
? ?
?
?
?
?I
?
'
?
l Rl DERU .. i , ni Bra
I ru-.t Cuii'
'
?
'
-
peral
...
?
??
Bnd
cheat i
? . ? among ?II I
? en
? ? prepari
?
and
? wanta l
?
but I feel.
hich
? ?
MORTGAGE CONDITIONS.
GEORGE v Hi KD. PrealiUnl Men
gag? and r.iitol < ?mil?.in1- :
Oaring th? . rental*- and va!
?n th? South and We?! have be?
materially reduced, but the previo?
lltloa of rea! estate
of the country h?
: esenl drop In values *
? eff? ct on th? mortgag
??
? ? ee ti " early
? h< a in p.l ?
now better limn ..' t
g of 1
r the M .M?e \\ eal real ea
pt ab ?Ut normal
. acific Northwest the improve
gl ? . .. ? ,,. ?.,,
? ? yet thoWB Itself, an?.
sr than they havi beei
? ? ?'
g, |f. Ml KH. President I a?>ei?-' Mort
K.ii;e Compans :
? 1 about th??
? 116, fiom the standpoint of nal
la New York, is that
of the 1
? liquidation to en up
. only tporadie Instai
' '
I ?logical i
.
? g to real
. ? ??
' man.:
ork du? to proel " ? ' ??? ??
for? ng nteresl ra1.??*?.
i man] II veater? ore now lending at 4 s
' g* ? caal iaataad o? I -"*?-' **'-?
BRIGHT FUTURE
FOR RAILROADS
Outlook Is for Splendid
Earnings to Continuo
Well Into 1916.
ROADS WILL HAVE TO
IMPROVE FACILITIES
l Re?ut i ves i ookin^ to Federal
Qovennaenl t<* Put Curb on
Illogical Regulation.
Head? of Che great railroad
tenu of the country luck forward t<>
?'.'I?'. BS to n \,Hr .-:' brighl pr.itnia?
I ? ive Indication < ' k? i?i _
up their remarkable increai
with n continuance of the European
war a matter of uncertainty, the
railroad pre ?den! at?- naturally
cautious m making predi? I
Practically all a - agreed thai a
curbing of indiscriminate r?-?r?iln
r.'.ti nf tin? railroads bj f??rty-nine
t?te ? ? Federal commi
consummation devoutly t?, be v.i hed.
While the general outlook is for
eai ngs, based on the expand
ing industry "r 'lie country, many
ativi i ip . ?
t!ie ne,-e-sity of improving tr:ii
tation . if full advantage
is '?? be tak? n if I fie I raffle thai i
offered.
T ' re ic some d p nlon
as to ? to railroad
I
? ra!. how
ever, it i? believed thai 1916
? of t'lr best ?
? ? ? ' i?' n ] nown,
\. H. SMITH, presiden) Sew Vori ? - n
t ml Railroad ? empaaj
.
?
? - '
?
-,
?
; tUBl
lli t :
|
;. i t
?
I r. l il??M *..-. presid? ;i, . ,.-, ,?., \ ,:
? \ Ki Iroad ? orapaaj i
?
?
?
? ?
? . '
?
... I in 1
?
?
l refu ? th?
i
i
'
-
?
-
i
would Im ? '?' action in
the val
pro!
.
rely In i
The railroa
.. ?
?
vil h I
-
the i
legisla!
1
' '
T. M -?'III M \? 111 i
El Pasa a*, -outra, tern Company
aad formerl* chairman Roch Island
Caaapaaj :
Mio vortr Juat i tided has I ?
prolific ol chana ng
new conditions. If w? ?? one
quart? ? ck *'
.? through aad ar?
thro"-.-' come eut a very m ne h
\~ ;, railroad man I fr?el we hnve run ?
'the full line. It? January la ? all cur- ,
oparatlBg arith ?
make
?
With the approi
. ' i throui
.
dous ,-? ?'..? h eondil oa ol ?
for ri
?
the P
? ? ?? awakening of all b
" ir orders - udd? ?,'? I ?
upon '
wer.., af'T two lean
unpr? pared to handli 11
thai condition
and wi I nol recur. I am of the belief
?l.at **?? will eapeiieai ,?\v on,
rions labor
' eondil .... ea Vi>1|| tax
. to the ut
?
parly a?krd as to
the rail) - ? are
ible to ham prompt . I . ffl
??'.??ntly th? i
of th, ? f an ex?
1 i ...! ? " con
? ?
nanee, addi I and 1
,;,,f, r- - ? >
point? ,1 "ir ? h : m* n m?
By nth?'is directly <r Indirectly inter
eat? .1 With the pniall amoui I ' f
arailab]? iur tLe aurjBB. ?a It la ? . .
difleuH problem ta determine which of !
the many Improvements aac-ald be
nuiile
during the i?*' two >c*r?, in conver
aal an ?nth friends In eeataserclal linen
and inen eonnected with go-s-ssrnaaental
dapartmeat? hium*? te do witb tin? rag
railwai -, l I .,",. ti ir.i t.. In
pre?, the Idea that the ?arriera were
unprepari .1 t.. handle ant c ?i*
'.n. r? 'i .* m l.'i la? , thai i Ith the
? ?mlng of pi ! h? Inability
' l 'h-- ei mera i" rat at th' d? manda
mad? up."i th. m. i .;,'. v ],, ,?,., would h?
MitTorril by pi...liners and cotisiiim t ?
1 ''?vi. [well ?? t ti ?? ti,,. i,ltai
?mount Ins oh. .1 h lha ma I InereaM
1 ' I road . I'.nv,. ).. an
requesting would be all ft- | Infli
mal compared with 1 mot ay which
? * by . '.m, | t?teres*
1rs proved
. ?
1 he respoi bi thi .
tin gra? e p hi forty
i in? eomralii loni '; . ?, . ,
?' th? i ?a .
? ii wishes! !?
I ti an poi tation
and Inadeq i ties, or do they
omtnem urat? a it h
the facllii heir I ? ? . .
I. I". IOHX80N, president *S?rMk |
\\ patera Railraad I oaapaaj
king generally, th? b ?f
railroada atarted off ' idlj for th? cal
endai . .i, and maay of
them hn.I i ling, Gradually ?<r
flrat, ami later witb ? rush, relief mme
to th? i . ndllng war mu- I
nod raw Ifl .|g || *,, Mi- r
..] crop? ?ad bel
?er condil ion il the COI I, iron und
limit"' |gn Influ?
ence upon results ? last
? ?
directly i rigid ?eon
? luring the
, ?? .
. ? even if the
I feel thai
:
'
S. \| 111 I ll\
I ?real w cetera Railroad ? om| an
While the
?linj-s,
? im
I last
, i heavy
?
'
?
\ ? present time
? ?
i
' -
regu
il y ?
riic
? '
? ?
i
n's orders t
'. ,
?
?
?, .
? :
'
\1 v. ** ,\ l RB linn? ip ilia
I
?
? . ?
cmplo
?
. : '
: i '
' ture g
I
.....
na a yea
Tl ?? the -ount rv r ? |
t genet ?
T
'
?
?
?
f the
brought th?
?
It or;
? ?
?
? ? ? Il ?t.
ru \\i\ TRI M mil. t kalraaaa B< ard
nf Directora CWupeake .*. Ohio
Railraad Compaaj :
- :
? .
! crnmenl
ng reg
.
1 or * ?? ' . ? r ? led la "t
?et prating
Her thai
or 1913. In th?
?
- ?
I . ? r.' u
?
?
te . from under f
? ? ?
.....
.ulation be- j
.'. r?gulai
"
? ilble, con?
tent, and | ?
to treatment 1 y
will rece..*.
Prosperity Reported
Throughout Country
Middle West Buying
Heavily ? Crops (
Factor in Uptur
?' <'.'rra.[?r ?___?, ?f -ra.?
' ' leago, ]?ec. si i:
city In tlio laat v?ar especia
It? Intti r half has bean exc
go? i r, all
1 ' Ing nil |,r. ?
i , rver I* \ .
aaae? of this eond I o . bal
tind Iraprot em? nl dui
the 1 uropean war and the fa
? 111 t,- h vea? v ? i, ., i
t Hin
Improvamenl gained In n
'intil May. wh? n the I
for a walla eho? ted tl a up!
even then sra srldc pread thi
Middle Weet. \\';,; tha pa it
fear, rendition ? again m pro'
beginning in \i.
" " In ' '? Id? n< -, '..I eh gained
tonlshing on ?
i !?" laat bans eall o!
1 deposit
aggregal ii * 11,154,671
againal
of 191 4, an Inei i ? f appro
I Bi ,-.- I ; loan ? .?: I
MS8 l ?
- I ?? or' n|,pr,.
and es ri f
iga ? ? | ' -i.-.-1 i,oi
? 39 pel
?'..mk-. hi i.? And ? difficult
avenues of pre I .' ?
nearly il I
being "?? il and am]
rated 1
high m .-ni" , ii.. i .
.
ing from "< ta l1 ? per eent, ?? -
n rate of fn
ng a yeai air", whils
? ?ii command from '?'? t<
rent, as ags
?
ale 'I'
, ??? ,rer" wl
a mai
?
-
?I ?OHil. ?:
?
the i
I
durii
? i
, ol I
I'll?- I
? ?
?
CI
:
ttl? and
normal duri
?ion i
??' t he
.t. u large I
irdei " m - ';
i . ? ?
... i | or 1919
CANADA. TOO, GAINS
FROM WAR ORD
minion, with Added Bene
('mod (>? ? I
? ., ? ada, alt!
I
'
Whei
!
? '
? ?
? ?
'
?
.
hi
.
, ? i
? pros)
?
rig feat
'
I th?
i ims to
ierre rather than distribute tha pro
of th:
< - ? .? ?rea
f 1911
i.< r Industrie? ha? ? r.'ally I
war. They are no*?
itcome ol trug
e of wh!
?
a
GREAT FOREIGN TRADE
AIDS NEW ORLEAN
?'. ? ; i/i .f'upmcnt \\d^ Brougl
Much New Business.
?
? ?
f i
: -? ?
:
? '
? , ?
Haml . : i. ii ran citj
: id
-
Dui ng ? ? New i
? ?
? ? ?-nor
? . ?'
ai I her? Ii addit on, big con?
?
?t an,I export bu
furthei . or Eu?
-
.- ? i during th?
tropean ?
aaser!
n ro tie the
l*hi ? claim
? ?
-
:
? have
? -
? ?ad.
ten tory
soffen hurri?
cane ai ptei "-r 29, Im' apn in
thii bu been uott Casa offset hi '?
?plendhl advcrtlstr.sr Riven New Orten
by th? way sha wlthateed the a**eeta
?t.j> m in 111 .,'';. .ii : ?cord - "f '
"A ? tara H?mi?pl 11
IN NEW ENGLAND
MILLS RUN FUL
Electric I onccrnt Planning f'
New Improvements.
... ?
i m, Dec 11 Boston enter? ti
new year with th? bri|*hte?t tinanrt
and busin? i oui '?* iat ha been <???
1 r i tint? sa of hui
time? have becom? *"> scarce that thi
are noveltlea, ?nd on all ?Id?
ai ii > appy Ii "i? "r" ladieationa of tl
feeling ? ? pi n ira that I? ifonoral
?
? tta electric '"ornriariie?. ha'
been ma g ge : rel in I 101 the la
Bths, an live piar
for Improvement aho? tl
Qf, I ;,e New l\n|
Bad '??' '"'ii 'ii" giving promise i
good order, ti
:,i" ii. ? ight tim
: handle.
i< ? I
i rosperlty,
H hss r.<
? ? ? ? ! r e m e i
the m< many el
a ell
?
i ? ? . .
ear ?? .,- i .r.ir M a
?
luatrj i? at hip
riark.
Money, which in every instance t? th
rulirit; power ;?: both business an
.. . :i ' -. st'K more tha
abondai t, ?ven after h year of remarH
and v ith n Pederal Ri
Hank in Boaton thi? conditio
Of COUI ?', it r ay ii" ?aid that mac
of th . ? . rhe war pri
but, ? ' .? eau ???. proi
; ,???"
PHILADELPHIA MILLS
SUPPLYING EUROPE
Financial Institutions Havi
Flourished Building Fair.
i - ? Bvreata.]
! Manyl I
.vho-e proi
-
;.'. becaai
the manufacture o
? K'err .
. ' i. ?nil'.?, reap'.: g !?
profits
?< ?1 am
manu
? m?kiB| roduct
I
goods I been s<
I
i? havi
i havi
tiona have sddi : ibstai
. Bro
??- havi
?
? ? sen 1
i irtly for refunding th
. I
"*k, in
?'
P
?
by 11 I
?
ceed PI I; th
? ?
Tl
'
? I f o I '
P -
er? am
'
'
PITTSBURGH SEES
ROSEATE OUTLOOK
?iy in Tariff Depression
No? ..' Capacity.
'
followed e' tl
'
?
; a worst d
*' modern I
brunt or' the I'ndei
? u ?
? ? I ? , .
? I now. -is the
.
? .'uirch
?
ren n akin*;
ilr Intet
: .
I
I of f
._? ith?
I at full eapi
BALTIMORE NOT YET
AT NORMAL LEVELS
War Business Vccounts f"r
A'.nst o i Recover) Noted Hen.
' :
.:
n bel
* 1914, but :<
.
tl ,
genei
? ? , busi
? extra tune of 'hou
!' r. n .? itio manu
?.?.-, i
int of mom
n an,I stimul ll
trad? . ?
money flew?
- ..I of rr.ani.- iring
r
? eral of 1
Bufad
ar.- load?...I up with wur orders
' . r f..r i'. :
. ?
i ?-d orders have meant en ;
I pay?
rolls BBVS PUl _ in circulation.
Canadian Investments
Canadian Municipal and Public
Utility Bonds arc now selling
at very attractive prices.
We have an exceptional list of
the above class of Bonds to
yield the investor
5% to 6%
including Canadian Govern?
ment Ten Year 5% Bonds, to
yield S'4%.
JJV would be pleated to
laniard list nn application.
Nesbitt, Thomson & Company
LIMITED.
Investment Bankers
222 St. James St.
MONTREAL, P. Q.
Bell Tel. Rldr?.
HAMILTON, ONT.
Canadian Government
and
Municipal Debentures
The security underlying Cana?
dian Municipal securities is stronger
now than at any time.
We are always pleased to make
special quotations in answer to any
enquiry.
G. H. Burgess & Company
Traders Bank Building
Toronto, Canada
Canadian
Municipal
Investments
Our experience, gained in erver
thirty years as dealers m Canadian
Municipal Securities, is at all times
at the disposal of clients.
All securities that we offct are
owned outright by ourselves and are
only bought after a careful exam
mation has proved their safety as
an investment.
At the present time we can offer
high grade Government & Munici?
pal Bonds to yield from
5% to 6%
Correspondence Solicited
HANSON BROS.
BOND DEALERS. ? .subl.shrd 1881
164 St. James Street, MONTREAL