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How the French tavest - ir? - ii I'?,- n ? n1 SHELDON. MORGAN AMD COMPANY I 1 ' ! Bt*oadway, N<*Maj York The Permanent Investor 1 on the vest? I I than a * tint. ? " i re than he a ?' ' ! . |ohnMuir&(a Odd Lots "- --? ?*?'?*? l-ri. -atrarl. *F*-?rli?n|:?4. ?? A ? ? - ' Preferred Industrial Stocks Yielding Over 7 can be purchased in larpr or sin.ill lot?-. Geo. H. Bun* & Co. BANKERS 1 20 l.roaih? a*.. New York ?. Six per cent railroad I yielding ? i is ' - al. We Fer su b .nd in $100 $500 $1,000 nations Bigelow& Company American Light & Traction Stock & Warrants Bought and Sold H.F. WcCONNELL & CO. I in? Hi., I a>l ..Ail .|,,1,n v.? 4.nl,. Ini'arl baa * 1 1" I ? I ' 1 oMi .4. 1st I'fil Paria, ?...a. ? ? le, I. 'HP?? l 1*1.1. \ni?ro,i, l'iir.l,, | lihllr? 1om. faaaffltinl B'w?> a i Ifhl Cosa, & Pf?. *ar.. I nu. I ?. I ..in ? ?nti.il *a|.il.-? n?. I. I MB I If FREDERIC H, HATCH & CO. PB?*?. Bf, ? I lit ???? York I" ?? ? T? ?.. . ?- ' . . ? , \\ m.A.Read&Co. Investment Bonds .N??i?u & (,'ed-ir Street?, New York I - ? i ? ? ' n i; 4 p i III ' C ? a * - ' e r 1 , Bra. IM a-?. - > ... I - > ? '. I - I I ' MARKET NEWS AND COMMENT Slocks Make Up Looses of Monday's Decline in General Recovery. RAILROADS STRONG IN FINAL DEAI INCiS l *-? Steel Ibove 82 \gain Speculative Industrials Show i arlj Strength ? ? ? " ! I .with ? ? the i Wi! ! hi: . tail rted. < gan the day t, more thai j at .1 i i ? iiver In... ? ? Central and Si , I'enn owing - i ?? ? i, ? Mexici Petroleun i . .... (tie 1 thi - I ? . . . ? more ? ? ? ? ? j . . . rtui e coui port? * ll cor I ordei .- ? ? ?. j.. ? ? -? ? ? ,. . Hill S ind stcrlini for lian ex? made on 1] ghl pr? ? th 1 ?? ? PI BL1C I Til 111 SI ( 1 RITIES. ?? .i ; ..." ? ? I - ... ? -. ...-;;? i -?? . , . ...!?' ? ? ?. r. a ? ? I ' . ?' . . ?par ratua ?- ?Bi t SHORT TESM NOTKS. *.iame a-.l DU ? ? ? . -, ? . ? . ? 4 a. M ? i ? , ' rVI . ' ??, I nreifrn I.o\ eminent I?4Hue<?. . - - *. ' . ... ' - ? i ? . er ?i .i ... V. S. Treasufv Finances ? ? . CENTRAL PACIFIC RAILWAY COMPANY Three and One Half Per Cent. Mortgage Bonds. - .? ' o ? I . ? NEW YORK STOCK EXCHANGE 11 R8DAY, ll BRI "" '? ????? ?Total -*?irs ?f .u i?ra.l,.4. ; i-.i.oti igaiael ?I m M??sy, tMJ** ? wfrel aga tad MUM i >eai ?-*?? ? rasa Jaaaarj I le date, u.-mi.ioo. agalaal r?,i>07.000 ii ? r;u iiit.i fij, .. ' ' . '.i' on Range el j , .,. o,,en High l/>? Final rhg? Bid ABk ' ka ?old Minei ? :'' ":,^ |, , ',;,'' 2oU M . ' ' " ?' ? ..' ' ..V Ml', ?'halt '? ' '',".,"' *-??*.? , ;* r ? Am. A I'h. I ' ???? ' ' ," . \ . 100 11 ll 112 I 111 IK . lar 4 Foundr pi '"" H7 "?'- "; ' . . ?' .", ?2 v , ,'.. .. i i H i - i* '" " ? ? ' ?** "'" ?' |M' \ ? i,ii ,1 i.inii ?? _ .. ,, \ ? < oal rrod lets | '" ?'? *J< '] ,' '"_ , . M I Am. Cotton U *??',','''. '-', ? ,, ? , i . . i. , . .1" 04 ?V Oja 1 a, v II .,. a Ualhei pi I.7M ?' - ' ; , '. ? .'..; Ku tm. i i ' ? - ' * 'S :??? ?".'..*' ??m. Linseed , , * ko< r tm. Lii ; , . ? ? i i- motive . "????" ' '? ;. ' ' ??? . I Ara. aSraeltin, , ? ?J * , *> , , ? ' ?*""? I ' ";" ' ' '.'- ..'' ' 111 * II2-? ,,.,, m . ii.' ni ?? ii-' * h ? V- * - N ?ei .s ' I.2?H 19 IMJ lM.a4l2?? ' .,'? '? *' '? ?" : '= s ' , :- ? ;? S5 ; s ? m ;;:: . , , ',, ?5 M ? . ... 634 65 ? ? '" ''*' ; ,o*J . Il 14 i1? ' 1% '"? '" " ???? ,..,. 100 100 00 00 ? . , ...? - ,,. - 109 110*4 ? '? 110 ? "I ...... 3.2. - -- ? -?' -- ? ? 1 "un t: :: ;; .. 'i ? ?? ,; ir Ohio pi : .. . . 150 1 "?? - -I ? ' - 'i min?;. ? . . ,. . - ., . ; li 166 165 16 166 I t? Bi ?64 ????"? M1?* "' * ? ?' : Brown Shoe ? o pi ... 100 96 M "? - '?'? " Pte .v S ipei ' ?'':,'?'?.' i - . 31 ??"\ ?> .. , pi ' - ,;" ? * ' ' ' 3.400 |674 1704 " '' 4 , er....... I.6O0 ? "*? ? - ? , , Ohio . 3. !O0 61 . ? 81 '? 634 ? IS ??- ' . .,-. \\i -, rn . . 30? i-". 124 ; ? ' ' ? - - ' ' - 1 . 4 Chi. Gt. W? 14 344' 84 i- - 34*. . .. ??; ;.,.?? m 96*? ' ? ,, i |0(1 ' ? ' . i : - i il - S r:T: I-' t. 1. A 1 ..ci?e. . ? . ', 1 . I .'? . . . .., . ', . '-?:<: ? ? ; ?.r 100 72 72 PO rhino Coi I opper.,. 1.100 ??' i - -' ? ???'? 72 4 'i'? . i lett l'eabody pr.. .. 100 111H 11! Ill"*? 112 l'? 1094 112 . ? - . 8,100 424 4 ? . ? i v 300 '.'--'- a " ?. . . 1- 1- -. ?'? 1 ? ? . ' ? . . 1- ?' ? - 4." ' a ? ? - . 100 lu-'. ' ?106 ! Il 1 ts r'. :'nil ;,: ? ? " ?le 5? ' - '? ..i. m 112 111 '11 . 1124 in Cuba-A? 2.200 186 I ? 190 r 7 ? , \ pr.... 130 IOS i" ? 105 104 II ?'? re .? R -l'iv. .. 100 150 160 150 150 4 160 16 ' 10 D., L. 4% W . a* R. G >' ? roit 1 R. "H - - ? - ? ? ? tVJOC .... : 4 '. ? i ? 1,101 - 4 - - ? ? ' ? ? i 24 16.100 354 a . |t pi . 3.1. a I ?'?.?? . ?34 a ,, Electric < ... 1.""" ?*' ? ? 1694' 170 1 169*. ' ?" 11 I ? 1 ! -a 1 i r j 4 111 112 . H V. . 1 4 ? ' riel ? pr.. . 300 W2 i 112 113 ? Ils .? i r ? '? M ? | 1,40 92 93 1 "? 91 7 ?,? 1,800 P.'" ' ?: 1214 !'?* 121 ': G! subi. ? 43 44 ? I ? 444 I ? | i . 17 4 ' ? *? ? ? ? . ? ?? - ? 600 , . J:-a 22 s ! oil Ci tral 0 1064 1 . '<"'?<'* ? 4 i"''1? 107 Agrien 00 21 ' 21 21 21 i 21 Inspirai ? - 6,600 : . M I '.i1? t? Inter.-Con. - 174 4 1 . ? ? ? t. 1,600 - 174 4; 174 174 . , : . : . a I- a - - . -? ? - :i. .'. 2>>O0 i 104 104 104 - 4 104 i" . 200 424 44 -1L"j 44 ? 14 100 202 -. 1,800 264 ' 264 !.i ? ? ' ni 4 * a. ?Ill ' ' . ? rtf.?' I pi. . ' ? Southern.. '. Kai . 00 -? 10 Lorillai I. P........ I< ;. 1... | ? - . i 814' 824 ; 4 i ? 186 186 l-l : .;n : ?04 67 , ? tor ls1 pr. '? -? . - -.- ?64 t* ? ? 2d pr. . ? 51 14 can Petro eunri 15.11)0 1064 - i. '.? 2,4! 354 354 k St. Lou - i I - .- M ' ?121*4 ,1214 1 121 ?" Kan. ' ? i 4 Kan. * Texas pi is. , ..'.'. Pacifie ctl ., . i . I ? ? ? HO 11" 110 11" . - 814 814 814 814 l ' i ? :?:.'". : 41 i .. t Suil !'" ? . 64 34 ? ... r. - . ? ?'? ? . . > ? ; 00 11 : i.?'?? in ? i 1 ? ad . 2.300 67 6i ? 67 I M. 1st j ? ? ' ; er.... 1.200 15 154 16 164 i 16 154 1 tir Bn r..-. 2,200 14 I 13 146 . 145 146 entrai . 6,601 . M ? ' \". "i r. H. A H " ? . . i i 674 6. i Y . Onl f- vl ??-'.'" 100 ? ? , i 264 '. v 27 k ft v. na-, rn... 1,600 111 11' 1164 117 2 1164 117 . ? ' tern pr K -.-.-- 14* 854 fl orth American. 11 IC . ? '. . M t r N 00 1124: 1134 112". ? ? 1 1J ? 1134 ?. 3.200 74; 84! 74' ? - - . Pac. Tel. A Tel . - - ? ? >' i ? ?.!:... mV. ... 4,200 66*4 - - ? - * , ? , f. ? 1074 1064 1074 . ? a 124' 43 : . . i . ? . ?a -1 U pr.. 20 I 90 90 90 90 -- ?? J ;' ?? 14' 3l4i 32 pr... ' ? Il 106 . 1 ', 10544 107 !'? ' ? I ? 1 Pn teel Cai pr... 103 103 ?? 165 -4- 1 ! 166 166 11 ? Ivei . 101 .... . ? . >' - - i* 7 i: g pr.... 100 100 100 1 1 984 |00 4.1 ? 14 774 ' ? : '" - 1 504 .""'' ? H I Steel pi DO 108 108 ?n.. . 700 4 4 . '. pr. 300 ]: . . St. I 100' 4 4 1 4 4 4 : ' ? 164 174' 164' 174 ? i ? ] '', '(a 'J - R |l - ' a . ? .. |g ._, ata i . 600 ' ' ' " - ' ? " ' I 1 ' ? ? ' - . ' . 60 145 t H '? 2 1124 11 15 1 ? 24 544 ? I 11 I a . I a . ? ' . '4 300 584 Stud? lakei i ' I I 113 112 ?1 i, . - 1,100 1934 ?. 300 ? 100 IOO4 1004 lu" 100 : . 1.100 1934 19 ; - ? l; .... 300 60 , . 100 1 1)94 101 74 30 . l ?', ' ' 14 1334, . 14 133 1 !'.,. ; ? . l'a. Ciga ' i"" 94 ? : ?4 , . Mfg ! '62 ' 62 . l.*n. Ry. Invf | 4 164 17 i:. I- -. ? pr.... 7"" 324 34 ? ;. i 1 164. 174 l". S. C. I. P. A F. p 100 49 ; ? ; ? ? -, ?? i. . , ? 1371 ; ? Ind, AI-, hol. ....I 24 . "4 ,144 157U ikaa" . .'. Ref.I 100 R? d. A Re? pr 501 ' 2-4 19 - - - - . ? ' " I 600 115 ? 116 1154 116 " ' ' - ' 12.600 1 ? '. . 4S ?' ?a.-Car. Chi IO0 110 lio 1 !" I : mq T*?"' ? 194 19 194 4 1- . ;7 ' , --,;.-': 15 144 4 i ?i 1.100 284 29 - . Western ? . I .i -- i? I ' ' a. ? . ? ?64 4 7i 150 120 120 ? 119 1 roo (00'. ." . 2004 20 . :: . 205 "I '. CURB MARKET TRANSACTIONS Broad Rls? i" Industrials Olli Qniel and Steady Mlnlif Stmks I irm. \ general reee ei ?? in price? ?*? made bj the curb i curitles r< ? ' .lu\. Hie volume of liiitilnr? rhal redpced though a few In riu ti mi i aere activai) dealt in. I t i .,,,, ,, , promim nl In the trad ,,,,. ,, i .,,, ng naarlj a polat Bub i,n,i m.. H.mt n. e nearly 1 pointa, rio me ni ir. Il h i- ii thi 'i"' i ? i ?re and l'rigg " abui \ eai l> im i,, ,,?, ,| ", Mercan! I< Mai ne ? omn on, i and Intel nal ional - rkel, ne? . ? ? advanced 'hree foui th ol ? point on active deal . l ? role! Motoi ' ? ,.,,,|. .| ,, .-r .. po ni ' highei Midi aie Strei pained o? ei a poli r i fil ftni rail) ? ei e quiel and pi ?ce I n, ip were main . of ??mull propel ? n." Standard U i alifoi nia imil I es lersey, I ?bio Oil Hinl Illinois J*ip.- Line "i?'*1' ,: I " pointa. Mlriini ero ir e, Im? il i m Kenne* otl < oppei mad* little ? eaponai to I Initial d i!er I a i ation, end ig ritl i ?' . 'lo ... ano i '.nvertibl? I anred nearl s poinl deal | IMU STSIALS. < ,? n lllali. la-.-? ? ? i.- ? I ,.? "e '?? I. ... . ???:.?? . '. ". ; 'i ? ! ? ? | i, .. -.v [ i '. i ? ai t ta ItI i -..,.. , . i .4 . I ...?.- \ .11 ? ? . ? . ? ? ? ar Mir? -.? ? I ?? ? r Aa t t ctf I i ' m . , I riem J?a!' ?'? o '?' nui ... i ?n ? . . ? i ,? ? ? ? . ? ? ? ? .... ? ? ? ? ? . ? ? ? . .... i 10 . ??. i ... ? ? ? . . ? . ? ?? , . " r rt ?. ... ? ? ? i ? ? ? ? ? ? - * -1 \\;i\l;l> nil. >l BSIDIAR1ES. ? '. ? ? 1 i. ' .... - ? il ill R mi UTO! K8. < ? . . ? , ? ? . ? ? ? MINING. ? ? ? ? ? . . ?? V I ? M : " ?. '?:.-' .1 .. ' ?'. I. na M '. ... < . * . . . - ? ? ?? , a 4 4 ? < I . I tj ? ? ? < '. a ?? i\! n < , ? , ? , . " ? I ?": ? ? 4 t'ont il ? I -i : ItllMlS. . " . < . ? ? INACTIVE YESTERDAY. !' ? - : KIAI R Bid. .1 Mfg. i;*; ?? ? . , . -, ? M l N i ? I ', MONEY ANT) EXCHANGE. I r ? .... I . . .. - r mm . ?... . ' ' ? ? . ' ? ? ? . ; - ? II 5 ' i > ? i " i ' i I - . ? ? ' STOCKS IN OTHER CITIES. BOSTON BT04 KS. MINI! '? Ii . I t n.. |rl Hi ? I i, ., i ..;... . lung? I.. - i.. ? r itfi I.. !?? ill, I I --. II .. ? Itafltl ' a ?. II . . . , ? . ? . . I ? i : ike i ni fr.i 4" I" . i i i reek . H !? ? I.?Ka. 1 jl. Merr'a I n a? S ? ? , ai ?-aV ? ? ? .... : ? I ? .. I ? . 4i-r I . (I 17 ?? i4\ ?i ' ! : u : p ?. 4 ?: 4 . ||l(l < ? 4 . ? '. ?? 4 II?. 4'. ..? i ' , * . 4*. ' '? 4'? 1 ? ? < i 4 -, : '?. ? i. 4 ?? r i? a |?r ?' ? ???-,. i A ' ' ? " ? , : a ? ? M ? ? ? 4 - ? ? * ? 1 A "? * I ? . ! I I 1 '?, ' ? rail ' ? ' liai -4 , . ? a ? .? Mil ' II - ?<? i , ? BOM -* | ' - ' Mi? niter I i ? ? ? ? ? . i . , - ? . |\i. ? A? ?r M?-?1? 4 ? ? - I ' I ? . ? ? ? *? a ? * ? PHILADELPHIA 4 . ?HI ? I . -? ? I ? ? ? . - ? ? l . R . It | 14. - ' , .1-4 -I - '? U . I? . ? ' ', ? STO? hs. ?? *. ? ? ? . ? . . ? . ? . ? . I UK M.O STO( KS. .- ; i ! Hn -? ?" ' ! : ? ' - ? i 1 ? l. ?? - I I 4 . . ' < *. '? . ? ? BALTIMORE STO? KS. i ? . i ; 4 < ? I ' BO?, Halt Me - ? n ? - . ? i ., ? ? . -, '.M- I? I T.. . H ?? , '4? III Mir AMI N 4 I" I-? ? ?. i RAI ' t ' ? ? 4. i. ? I? I '4 . ? ?? I ? ? ? 'I . I ? ? - ? . I fin^RlRi.H BTOCE8. , Meet 44 :,l v_ ? ' ? . i ,. .. . ? i ? ? *'a ? . : m Ulm . i. a Jl'i 4 I I . ? ?1 t 4 > ? - I'lp? 1 :. . - On ? m ??? ? Wal :' 1 I ? ? ? ? : 4 - ? Uit 4 II ? ? i . NEW VOR?. CITY BONDS. ?? ? ?< ?i ?? ? ?i ?i ?? ? . ? i < Hav-N 4 ? ? . . | , . littered ?i . . ? RAILROAD EQUIPMENT BONDS. ?j <m a pen ratage bt ut tin? - I H'.fl !. ' I Pitt! ? ? ? ? ? - ? ' I ..... '' ? ?. ? . * ' V, S I . I- Ill ? ? ? . IV.m ' ??? \ ? I ..n ? ? i :. ! i ?? II ern 1 ? ? U ? - i - i ? i- r - 1 ' . ? , i -. i . . . ' ' ? i, ? i ? i ? i ? ? i ? ? I ? , ? i I * 4 t Eieoator T Ohirtered 1R22 lni^ The Farmers' Loan and Trust Company Nos. 16, 18, 20 k 22 William Street Branch Office, 475 Fifth Amu* Hew York. LOIaOOI, 18 OottoptM ??..?. W: 26 ( . ..... ;>c PARI?, 41 iVnlmri Bangnaag BERLIN' S Uni al ? a ? Travflors' Letten (if Credit, 1 - leb Bi Administrator Gua,^ OFFICE Of The New York Central Railroad Company NOTICE HOLDERS Ol THE MEW YORK 'J.ntpa! ; HUDSON RIVER RAILROAD I M V'S TII Ft- ??' ?\r. ONE HALF PER CENT GOLD BONDS, LAKh SHORE COLLATERAL, WHO CONSENTED TO THE CONSOL! DATION i ,.! ?; ? e ' ? ? their bonds for 4 ? *. - - ??.. : i ; . ... . ? . ... red ai the office M 2.1 Wall - ? ? tcreii . . ? ? * - TO THE HOLDERS OF $2,500,000 Two-Year Six Per Cent Gold Notes,Due February l,1516,of The Minneapolis & St. Louis Railroad Co. 'I he Board of Direct * '????i: ipany takes pi if that effected the readjust imounl * .... i , ling ' I the reauesl Lothrop / ? organized by .V ten, St i ! * ' ? ? -, . 1.530.3 Pending the ci ? ' i ire re ? : I tend I ,., i in an ext t dated bet ?een the Pa k as truste . t exl *? . ?? ,t 1. I'M", ''. Itl. tended Notes t ? * previo tj become partit de| ositing their Nol ? ? pany of Ni ? i w .ill Stn lor I ?ote eof to the Depositary, for a ? event that the ex< I .... i . ' : ? ??? . . . . . . | ? - Nea \ < ? r k. ' rhe Railroad I ol . . February t, and al : I I of at th Sfvv York. J Bv Oaoca oi ?? ? ? H i Dibi I- H DAVIS, IV? / . i. / ? . Referring to the abo ne .1 to the holders of the Not hereof u requested b I ? ated, Ne* I rlAYDEN, CO., J S. BACHE i CO.. ? CHARLES H 5ABIN E. V. R. THAItK. I- l.OTHROI* laMES IHOMA> COCHRAN GATES W. M. t.ARRAH. The Mechanics & Metal? National Bank 0t th- 1 ,1? .f "?r.? ,,,rl?. ?n S ,?nii i ?!r*el lapitai. fttarplae erne front*, 9UM9M9 *^^*?r^^^*fr?**ii*?^*fr*tr*e^^e^*e*fr*o o & o ?tu* % Benjamin JranUtn says: $ Y "yf ?s-r/af n.jv ?ai. ?y/ir/ ta m '/ y A .''.."/ r; '';j.' Ar ?ras g't jt, ;.'?,, ? ? ,j, X v i, .:.? tribute <httrfullj, '?*'??*:) ?} ;:.' i *..?' .-.. " ?J? 4 "|?H)R\1 1040 rrri'/i/ii tb< Y vi " " ' ' " Y A Department regula .'. Y \v.i t :ii making ? * eir annual X ?f re/ttra or tn.c-.r m - y 5 filed on r: rib? M.rih 1, 1916, X L Our TriKt Departmeat will b?* ?*. x glad to aasist depositors and othei X y in prei i- ? ? . h return. y O - y .*. ?.-?.? .-..i um ,% X Franklin TruSt Company \ X Veto 7'tr? pftdi 46 tVa ?> ??? I Y ?" ?al i'ii M rar ' Street Y ? ?.?.??; j -ft, 1 J. 1 Stree X v**<"?^X**X^H??XK^I,^????>'?~X-itV!a DAILY IMPORTS \M> EXPORTS. Daily import? -, merehandi? at ! 1 ? re: . 1 ? ? ? ,.? Jt * ? 1 . ' .' ? lai I ? ? it.t'.t...? ? ? .' 1 v ? . 1 ? ??.'??? 74 1,14 ? ' S Metropolitan Trust III - .'??.-?>? \ treat, iW?"_ ? I , ? - I ? r dt-n.C'1 , <9 Wall Street KIXA.M IAI MEBTIX?__ NEW ENGLAND TELEPHONE AND TELEGRAPH COM?1 ' - - ? ? ' ? ? ' ? * . - r,. 4 , ? - , ' ' ' a ? , I- 'V I' 4. r.?? '