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March Bond Circular We aTaWl be Meamsd I? ctra-c-j a c-4?**T ? mu M?rcb C?t--?e--?. Beared ?Cm-aUr I? ij?r?lnis ?ra i?!*-????. Ta? ?rcatee ?rmzrhna a a??*pr?> ta-aaar.? tait ai camhJiy aiirctai ?S??.,- ipatl. raiboad ami paihD? ?(lilll-. C4*rr>r-T?6cc? b?id?, mkuek m? tSSQttSStwi ta? ?a??---arac?-?l i-tnJ for General Circulai 9i Barris, Forbes ft Co raft*"Mail, Caatfaew \w NEW YORK Ame-rioati \V?4??t "?lia?. * lOect. '?Il It-w.i Aiii*-rl<4Ui (j?v. * 1J?>?I. 'o?*i- * P'?1* r?vnfx*l ?"?-H?* !'??*-. ?Torn. * Mi. AtUroTXl?. k t !???? I ??'?? * l'f'L So. ? ?J f.ifiil*. I?ll*?m (ora. * I'M VSI?. un .1 I *l ?? h FREDERIC H. HATCH & CO. Phon? Br-tawl .110. S'i .??..?vl s?. v?w York. a i ? STANDARD WE WILL CUY Q WE WILL SELL M OMtl-MntaJ Oil I SO 0v*eye P. L. M G???--? blr-nitl C?m. I I1 fue*? e. L tn nnnoi? pi?*. | 8S T-TTiJ-?. p. L M Bot,??> Pt?a ttl fsaj'.' a 0. New Y?-*? fJtJilH.PfOPJLHEimtR8aa^O. PUrf.ec 4 ? I - ? 1 ?*' aX, N. T Wm.A.Read&Co. New York ?Chlcafo Philadelphia Boaton London American Brass Co. Am. Sumatra Tobacco Co. Du Pon'-Hercules-Atlas Niles-Bement-Pond Com. Standard Screw Co. Yale & Towne Lamarche & Coady Phone? 9970 Rector. 1*4 Wall St. \ Metropolitan Trust Co f pa?, s interest em daily? balances of individuals? utions, and firtns. 49 Wall Street NOTTT OF THF. "ON OF P.F ? OF THK ?UN <>l ( III 1 I S NI*. \\ .??MIM. ? ; ?. t?, at th? Nati >n?I . II? C. H | ?ny. I i hall I? ra?? ? ?r?, to wit: Ilor-I? num. ? ???. fiv? tnd'-. ' - ? ? ' lltrSMS Ml jn | r murer. FIN \N? I IL MI""STINGS. SOllHi KM I x? II l? ? OMPA?TT. T Tt?? A- ? ' ? Bouth'm It -. II , \|,nl -.. 1016, at t*??4?? I ? 8, Ta > . - - K?iain * * ? ? ? ??r. - A -.* !'?- ? ? ?. ? ? ??pat?'. ,'*> a i y 11 1? Cv?npar;,. a t ??*...- i .*? * ? *.- scaabMcci aa ?na? I****.''? ?*j)r?*T?l a ' ? el D1r*> ' ... UM la?? i For t?? pt;*-T*r>??t ... P. M. c:. M? ?7. ] I ?111 b? *. nu. B? ?tin o! ? -?*.-. : NEILI? i^-w-mar?. Pa**?! Jar,\.vy S. mi. an i' i"i< "TioN. anntJal I n? El*ventb I tv? rpora tlon ?t. ftt rn Tu??d?y. .\j?r1l ?, 1'JIH. ,,t 11 o i lo?*t ? ? i?i-t foul ? ? ?Tin .*?} t br?? >? ? ? r? I ? ? ? - - ? ? - 'he '."-? ? t ? ?? ?? r ?rhr eo: The rl ????rea cf ?T- ? raed ?t ?' on W?<*nea1ay, March 11, JSJ.I, ?nd ? \ M or. W, ' .si .., . i? H Ji ?NI S, Ser-retavj. Rentrera, *.'?w J?r??7. Uatob *. 131*1. m\ IDENDS. traasmci n ' ? ??? r bu?in?r BWK1K1.1 N RAPID Ti.tV-lT TO. *??? York I ? .?11 T*? ? ? ...... trad a T IS"- as th* ..-????? ? It... . '..-'. l?u. '.?J'.i. to ?V*-k ... .'?*..?. ?J?jr. M?; k j h T?irs*.:v'.-ro-?. a?T?t??T BANK STOIKS. \-> ? * .. | ? - ? a - ? Hotter v - ? ?? . ? ?. ? - - .?, r . ? - Km ... ? , ? it? . i ? i. i 4 , 4?. Fat,?. I - ?? ?? ? ' i . Fifth A ? 4 ? 4- , ??'*? ? ,* ? 4 . ? ? CiH?rs Serrice Co. Stocks Ttnn. Ry. Lt. & Pow. Co. Stks. Amtricen Power & Li<*ht Co. Rij?liU an?! New Deb. Boods Bouffht?Sold?fJuntcd Lamarche & Coady !|Pkon? 9970 Prttr.r M Wall St REVIEW OF THE FINANCIAL WE? Stocks Rise in Spite Uncertainty Over Nev Submarine Plan. CRISIS IN MEXICO BRINGS NO MM finner Tendency In the Hoi .Market?German f.vchani* at Great Discount. Uneertoiaty ?s te wl I ont of our i v."h (i"rm over rights of arr si t?men as to tl ? result f>f the li hreak through the French lines Verdun held ??? -e or 1 In chc.k last w?ek. In apite of t and with cn:.*Jr-ied ?;!~.in>-,. the purchasing public to ent?r market, the curse o* prices was ward. A -rood mariy weak aecou had been cleaned eat, the market ? pretty well liquidator], and hold found It eaaler to put stocks hig than lower. Dealtnga wore, principally of a p fesslonal character, with trading c ccntrated ea?:h day in a few ?pec?; tive Issuea. Railroads and ?t?.r,di stocks In general were rather quiet 1 fairly firm. Aa th? week went on bei-an to b? felt that this q submarine attacks without warning armed vessels might be eipected to ti its place along: with earlier dispu as a lObJoet of Interminable ilfM sinn, and less attention was paid Washington dispatches on the eubj There remained, however, sufficient r son for caution to make the end each session largely devoted to t doing ??oouaitmenti mode ear'..er ? day. News of furious fighting aroti Verdun and reporta of a sally by t German fleet ii;to the North ?Sea we additional canses of ) The raid across tho bordei Il bandits brought tv. problem into p.-orn'.?fnre t. overshadowed Lur>pcan queatio toward the end of tie wet'-.. There h on expectation that we shou have to inten-ene in tha affaira of t troubled country to the south ev sine? the Administratif.n r< countenance Huerta. Tho j that our attempt to pnnlah ? might brli g en niel tion was eonaldered eali a brief upturn in etock? of . with interests in Mexico and ol the Hat was urn! Rturbed. N'ew International Financing. 'n bonda, business on the and over thi eo ? ..??'. in the bond 'here ? he put OUI ... ?i DOW nr. '. to mal them readily marketable, Tl higl rate* o? intereal and ? with tl ? Ina i ollatera I I 11 compara ? to 1 ? naked forj unneeeaaarj loam will 1 ? for Inr? ? ? whili ?? und? rlyini ? am of gold from ? ? cent, where ? had previ , ia]y b? let of the rear. Time loam o -. n: ark ft collateral were i rates practically unchanged, bat her? too. there was a tendency on trie pur of lendf-rs to withhold supplies. More D-?*nand for Loon-?. Tommertial paper of the? best trraf. is ?o ?car.-? ? iat thar? hu 1 material change in ratea. K ? of letidinj- ?? ?ti?, howeve? 1 announce.] that 1 tereated In ai ? nay at " ?? In s. ? - rial hanks new loan made last month were M j er et n i larj-er thi??-, ? .. was aero ? ' w ho had not aaki i ?tion fo I lome t Payment! here for war anpplii s han I - - I call on the 1 ? ? gt - mand ? A ; : d a bet ter e nt of f caal - i reei ... ? warn and I ? ana. i.erman F.trlu_-i|-e at Ne~* \nw. ??? on Germai for foui ? urv b. f'.re ? ! - . I . ?? ? ' I - ' ' rmany from aalt - - ? '? in '-5 .' ' ? tion within a reasonable tim? no such int would ?be reached I : ? neri would api ar -. ? ? of prof.', w'.en ra'e. ro?e | li thai Germai i ? - ? ? ? ? a rt-r'sn amour,? <jf p r Ha irg paper car? ? A ? ?,- -, f gold it of (kr? f it were i . -- - ? : i premiu ? ? ? . ? -. - ? ? ; ? ??rman cur i '?.?? ?week Ret for demand - - ? there li I rat ? tel al of our - . though i >!ed. WEEKLY CURB TABLE indi STRIAI H. i,.? ?.,- ? -? .- tl . - a H r ? . . i tr? -S . -, ??. ? ?r--: "< t | -, -, .a, -I, a ? 1 , ??? ?. + I . ? 4' 4? - I u . I > '?*. -??. ' * ? : , . - S , iv 1 M > < i?., . > . ? I ?? ? *, 4 H - -, ? . I ? ?--? [??. . - at ,?-?,? . s' . h Ml ? ' ? . ' g... . | a, t 4, , ; r '?-i IM r i * ? '-...? :i . ? ?'4 i. ? -> va- I ... ? *. - '? ? . ? . '? ' ! ?"?? ? . ? ? ', . ?'? a S*i 14 . * ?.;,??.- ? I 4 a H : . ? ? ... A -S i? - ? - , II | Motor? a a I ?H* I . ? ? M i . . ? ? a ;?'?'?> : t , - s ? . ?i ri r? . . - ? ? ... I a ? ??. - I ? , tl ? . '? 4 ' , ' SUBSIDIA ??l vNDARI) O?L ;.. ai ? < - i l? ? ' t< - a I 11 II ? < a - 1 ' ? ' 1 ?., m i: mi ?-m? k<. - ? : ? - . - - - : ? ' i - MINING. ? V \ ? . '? ? ? ? '. ? ? ?a * L ". ? 'i t I* o . PI ?????. Il ; ? ? - .. 7 ? ??:?- .._ .'* . s s ? . ? - - ? 4 4 ?? ?? < ?? 4' -, ?t ? ? ? ' ' ;? ?? '* ? ? ?. . ? BONDS. ' ? ' \ t ? ? : ? -. ?j ,-? ?S H? :? ?'. TRI-aT AM? <i RCTT COMPANIES ? ' o ?r? ? T ?- T.. ? ? ' ' ? ? ? - - ? ? l lu t ? t Tl ?? ? ? ' - -? I ' I .... Ml | 4 ? . ' , II STOCK EXCHA NGE FOR THE WEEK l'i.llowinr I? *he ostial table giving the namber of ?hare? of all ?tocia.* dealt in f?.r tire *.**"k ended .Mareh 11, together ?1th the hlghct. lomest and final pri?es ind the net thoogM <?'? the week, and the high and lo>? prices of the year 19*16, nnd the high and low price- of the \e.-\r 1915. I ??lai lalei for the ? nO. agaip?.' 12.'?7"?.t-Oii a ??f?ek ago and 1.121. ?W n -. ??ir ag.? 1 rom Jimnir?. 1 ?o ?late. 33.."?.t9.".00, against ll.t-K:. ?un ?n |9]5. t l- - |haU-M HO . ?? a .- ' ?? ? -? I . : i . . . , . ? . a ? >'. -~l I- t rwr? t . ? t - ? I ' - 1 IS A ' ? ' ? i ? ? ? ? ? 11.4 ( ? _ I . ' ? ? ? ? a - . ?. ? M ? , . ?. 14 ::? . i . - r ? I? '. : . , ?. ? a 1 HI -, "??i ' ?*, ?H l'''? __^B_ i i ? ??'. - ? . ? a - : ?* . < *. " i ? ? ? ? ' ? ? ?. ? - i ? . ? ? ' ? ? ' ? . ? : ? . i \ ? ? ? ? ? a ? - ' ? I ?-8 ?r? ? ' \\ __""""*?_ ?tern... ? _********** . ii : ? ? i - ??. - ? ?. ' i '* ? : ? ? ? . ? : . ? i ? ^en\\ -. . ? , - '. . ? a ? V i '? 4. .'. M - "h .Al! ; a I I ....... ? ?-. .?.-.. i ? . .... .... ...l ?'a : -. ?. I."" ... ?'-'<? .??'?I PINCHOT ATTACKED BY WATER POWER HEAI H. W. Hand Defends Presiden for Approving Shields Bill. H 'A' Haad, chaicran of Ida Bewl; forree.i Water Tower Dovelopmen Associa" .or. ri"??r-led President Wil yesterday from th? sttack upo* him by Gilford Pincho!, who oh;e.-re ? o the i - ??? ; r?MQtire'a sai I the er power bill. ?v tl pat?ed the Senate Tharsday. 4 fennel I f Foi lar ' I ? ? 1 State? BCC tted paai ? i - * ? ?. ? ' i. ? -erious attar?, ?> ? ' fort ta tarn Alaska over to the '".'in In hie telefrram to Mr. Plnehol Mr. Rand ?a\? : ? 1 wonder If ? i that Pros ent f < ? . : ? , years 1 a of -. '? irr.-a-- - ?urces . r.-*i.''eii btMSiiss he n you ? the 1 ral her n i eflecl on up? arraignment of the s il '- s ha endi red to the '" -?.'?" Mr. Hand then ?-a?!< attention ' * fact 1 Contre?? r. ? ? ? il M ?-. Pin? ehot, lout thai there wee no .-ii ? itioi and the one representad by the former iter. "Isn't It a fact," he n*ks, "that you ha?e never pnbllely precis i ? gr-nt distinction, snd Isn't it a fact, ?rer, ?hat yon have aednlonsly re frairie?! from crrectin?. the error when Tour? a-id the real eoi crvatlon con cre-t Lave heen eonfused m the public mind ?" Daoc==3onoi=-"*-^--*-??-s^*^ KENEFICK ZINC ?A hen Issued! a j Opens this morning on New York Curb j g LATTERY & QO. v SPECIALISTS 40 Exchange Place Ne* York Pheae 4361 9raai N. Y. BANK RESOURCES GAIN $1,000,000,000 \ears Growth Greatest in Mis? tory of State. Richards Reports. Albany. March IS. The resource? of I i-ompanie?, haril?s of deposit and discount, BavlngS bank?, savin?,? and Van ?.??ociat ion?, private banker, and safe depoait companies under the su? pervision of the New York State Bank? ing Department increaaed more than one billion dollar? from January 1, ItH, to January 1, 101?. the total at ?h<? end of the year being $?.3?5,8H).s??4. Kunene I,amb Richard?, State Super? intendent of Hank?, in his annual re port to the I . ?? :-?? ... .. ?he r? bank? of ,i. scesnt, ?... banks i ??:'?r...',*> creased ".<.? * - and loa ? , ,.,., (. ?* in,I OS ???? ,,t,# ? ir. increase ol 'i.""08l8 The rat n> of re '????, n-titution? in New York agaitit f* ota! resources i f h si ? itiesn ?*. * ? ritire eountr) ? appi ? ,??-,,. ?j, ** ?cut. Superintendent Richard? ??,-. that -he beg .- ' thla T??,T? tire ban km?, I tlOBI of 'thl| ?? ent r?'iy recovered from the ?feet? . ?he depresa ' ?::..*?' ?.*~ break of the Kurop?.?-; ????_ ?na WEEKLY SUMMARY OF BOM) SALES ON THE STOCK EXCHAHQi The following table ?hi.-** the lain, highi-ot. times!, final prl.es and nei ehange? of all bond? trailed In on th? V? *?<.rk Stock Eiehange fur the ?eck rndesi S.tturda>. March II. Also the highest and lo-aest prl.e? forth*-??, 191? and I91S ratal Mica f"r (be i-ccl,, $l'?.M.r?<?<*. Rg.iiii?t .?.M,OS 1.000 a werk ago and $ I *!._ 19.000 a vertr ago. Total ntitttrtt ?sanan 1 to date |_22?1MM, agaioal tl27?*tt.tM in IMS. Ra?- I < .- ? ? ? '?? ll!g!i I??'? Mi??' l-"w GOvIrNMTN? *>.T Municipal. . ... - . ?. ???>. i??; ill 1 ? 4 , .?'?'?? ?? ' . :???? ... ? . ? . ? 4 . Ill - * - " ? ? -I . - ? ? - 1 , . .1 - : ?? , ? . ,-'... . ? ? . : ? ? . - I .V V I'll. 1 ?. , . ? . . ..... . . * ? ? . ... ..... ? . ..... ?"'???? ? -. ??-. ?? ? a "? . - " ? '* ? ? '? ? . ?? ? IS *? .. . . ?? IT'? -?'. "?"-a a 'l , . - - :?-, is* io; i ??. ? , a , :i II rlAllwav ? . ?' CELLANI i ..-?-., ? ? '. ? ? . . - il-S ? . ? ? . . ', l" - . . 4 ". . n ?ill 6a ... ... . 'a i . . . i - ? ? . . . . t I? . ?? ? ? 4 ?. i . I , ? t .--.-. IC4I ?? . ? . ?' ?- ... 'a ? . . . i a lO ?Tt 41 . - - . ? ..-,.. ? ? ? . ? ? '? ? 1(1 I ? . ', . . ? "' ' I. A . rr 4- -, - . -, . ?-, la 1 ? ' . - * ? ? ' -1 '. ? - ? . ', I . . 1 ?. , . . . . I , a ? . , ?? ? ' >-. '? ;-, . '. -a a? 111! ? . ?? i ? ?? ????-?? . - ' . '?? ? i , I . ? -,-.-. a - - - -, . ?? - - 1 4 . 4 . I . J -, , I -.-? ... . -, ? ?? * -? ?: ? -. ? ? S * . ? ? - ? . a ? - a, B ?AD!? -' -. - S ?3V -?-i MS - * *-?? ??? I? a ?? . ?*, ?? ? IT?! M i: ? u i u a? ?? . *. .is ws ?? , >| I ? ,. I I Dt? '?" ' t, 51 -.??a. , "a i? " i Dt? - ", ? . . - S *' ?' - ? ? i *a ras . ?-. ; ?.??.? % ' ? ??'?-' . . ??', . ', ? a ?. ... - . -.??,?,?,-?, *< 4. ??. ". -\ '. - - ? , ; -, -. a a . 4 a ? ? 4 -: ' ? *t |0 * Tri? If. '4 ...*?-. ' ? ?a ? -l ? \ i . 4 .-i' -.-??:?. , ? ? ? ? i ... ? . . ., . . i ,- . . . ??i -, ? ' . . '? \ * ? ???'.*., ' I > ? a ", I ....... a ? ?? a ? ..'.'. ? a . - "a ? - . - . ? ? ' "? I * . ? ' : ????????? . ? . ? ? , 4 ? I - ." ?? . ?-??.-? '? . -.4.4 It M lit Sa -, - * ? ? . '. ? , . 4- ? . . ? 4 ? . ? ?? , - . I ? ? ? . I ' ? ?*. I? , ? ? . -. - t ' ? I ?? I , -, ?...?'?? ... . - - ? S. ' ? ? ? ? 1 *, . - ? > , ... * I " ' " '* ? . - t ? ' ' t.".?, *???. ' ? . ' - ? ' '? t ? , ...... ? '? ' ... ' . ,M |f.| . '?-' ' ? * I - ? '. . . , ? ? ' .? i -a . ; ?? ' . a ' ? f. . - - ? . - . .... i i ' . ! ? . ?-a ' . . ..*-?-. ? ?. -, . . ? *??.-.. ? ???'?.'<? ?.?,'? . , , - ?- ? ?' ??-. ??' 'a ? ?*.-',?'?t ? . ? t * ?? ? . . , ? 4 , , ? , VI ' . IS ?. I - IL ? IU m ,i;i lu, , m m?- a',. .,,,-. -?i, rita S, ??i? ?-a?? ; ? '?? , ? ? , ta Mer > ? ,- v, ? i :?..,?. ,*u ,o?a a.- ... ? ' ?? ' ? ? ?? ?-1:?? . , -, ?, t .1 , 4 1 ... - ... . ? >? . ? 1 ' ? 1 I ... -, :?????-'? . ? ' ?a ? -* .?. ? . . . * I -a . . a ' ... M >? ?? i ?\ ' ? "? *? a*?? a? * '? t m? ?.I.? t la ? II'!' l?tw '?? MM rs5n_ ??r ? i. . al <? ? . . a 4 ?? . a . a I ? ? ' ? '? . ? . . ' ? ? i a . K?' ? . I I.1J.I ? v; .it ? ? Li . t.i. ot Ht L U r ' '? II ..I. H A M R f '?-,. -?-.-. ? ? 4. ? ' . . I'll f* N t ? ?5? . . 1,1?. do r?' I? - ? . - J . Wem ? .? ? lib LI '? "* ? . . . IxMjJa A ? l?f ll:t!f? ?. ' . ? ? 1 a' C ??'. i i.? ?? - ? ?. I A . Il? 4, lai A M ? a ? * - ! a ? ? ? Mi . Yei ? ? ???-?- A Ihl - ?? -.' 4, ' . ' ? .- -?4.? - M A A -4. ? , ? . ? ?- a OU? ta ' M Ki- ? T 1(4 Ml ta ?; M K a T ef T ;?: '? ? . .?.'?.? ? r H.. ?H ?. <?. ? - - ? 4? ? I \t ?? . f? ?? ? . I . ? a II . ??? A ? ? . I -t ?? ? ? ? : n - A M f. Ittott ? - . i. ? - ? . '? ? Si-, a T.- ? ?.? ' . . '. 1 N ??' .-, a K A r ? 4 ,- ?? -. -, A - If. ? -. a l I r H a M n s? in?* i A I? Il .-? - ? . ' : ? t ? a t ? ?I I - || -J le M < - s , i A 3- 1. '.?? 4? 1 \ \ . ? ..t ... IN T P ? ?? - ? v OfTLHAP ? 1* 1 . 1 M MIAII ?I INI 1 ? : ?. ? I V Y * ? ta.. I'M ? ?, .. .4 '.'. . ? '. SU?? . I - ?5 ? '. 4 \ r? A ? ..- li I. .... A Soi r? ."?- ' ? ? ' IM - M !!.<! : ? -? ta ? Sim ut s? .. ti o ?_-1 ?. a p ta , i>-M m A ? t! lit ta 5 i t?-g? i Hy 4 X ? U I ii-.,- .- T '? ? ??f 44 ...?.?.. KR A N 4? ?? I ?? ??* T. : A T?l ?? T? f. Il P. -- ?ta? IM M l ri h II .. . la | i. f r ?, ^ | .. .- ?? ?. Il . It Il . ? ?, - - t . -- A , ? a ? 4 ?? s S ??. 114*, 114 - ' "a ? ? es a ? -.1 '' '? ? I '* ??- l - la ? iriN J? I Pllb ? a n - ..- ? ?ta ?la- ? ? . . >? - !(?! ' A - ta 111 , H .. ? ?? . ?. - n*i i. -. -. i n n. ?? I 11 ?t A SI h i .? ?? . i 'a 4 4. le Tr ? ' ? .?' ~- |.. - . la I 1" 4 - ?? V ? t I 4a -? a- la ? I) < r a t ii . - a ii ? t? - .. . -. .. ? - a . . ? ? ? - ? - . - . ? . ? ' ta ? -.' 4. ? ml . ? 11 . O . - 1st ?I m a u - .?. Il a 4. ?. Il 11 ?.- ? - I ? . |. i ?i lt.-? ? A Imp 'a . ' . . ' -. i le s f I? m : I '.'I A ? -a 4 I n r : i Wl ???-???? I '(-.- 5 . >....- ?. ... - -t. a ? || I W N \ A I' |*r. 4. ?I a *? ?'. ? ' ? ? ta -, ? . is i ? s ? . ? . i -? \ ta ?? s ?, Si* ta t a I I . ?? S ? '. . ? S ?eM ? ?? , , W ? ta '. "4 '?"?_ 'J. et ? r . m-, .a, ... . , , ??/??a l "-?i 'a. m . ?> ._ "T - < ? *? !* _ ? ? A t F l? ?a . >? 14 l'Lll ?a . ? h_i . i ?? "*|J m If ta??? '. ?I la ? M ?. Il A '. >? l?.tar\?ln t ?m 4 .V? 4? Su? ? tal ?a ? ? , - ?ta 41 , M Httl sr_* \ts ;,s a<t ?nlW