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Continued Investment Buying is rapidly diminishing the available cupply of -good bonds at nttr.ntive price?; Safety and Good Return are EU ( rima requnte? of moil investor!. Safety 11 always ? ?question of ?ntrirmr worth he hind ' - wearily. Yield i? measure?! current c ndrtions. Let us send yu ? 1 ?I M ? I"* bond? whrh are ?till available ? t aura ? .? j rr? e?. lAst an i Be tktet "Tl pHctty ??' In, ritinq'' ?,ii re outtt for < 'ire.| ?,- . ; /?, N.W.Halsey&Co 49 Wall Street, New York ? -, Continuous Saving My In s p o to ".:?? If you are, you can rr.i work foi you regulsrl ?. We suggest that you tcquaint yourself with (he Partial ment Plan of Investing while you i v. ith thi- sdvai Mi*..'?, ?'f the ? Pa?, ment Plan In constant opei st ion, ?-??? S 1 .-III JohnMuir&(a Splculists In Odd Lots Memhrr? "?."? *4 r,rU ??lock lirlum? BROADWA ? 1 v ? A I. . ?.I Long Term Bonds under present condition? potter.? a highly speculative element. We have prepared a disiussion of this question. Bigelow & Company Sulzberger & Sons First Mortgage 6?0 Bonds ? - ? . ...??? n ? ? ..-? ? Geo. H. Burr & Co. BANKERS lju Broadway? New York felei ? ith We Buy & Sell E. W. BLISS J.K.Ricc.Jr.&Co. 4 - || ? -, 4 | ' * JOhl STANDARD WE WILL BLV Q WL WILL SELL I L CARL H.PFORZHE1MER&CO. - ? . ? r - ?.i ? ? . ? *>' *? .1 ConBnmttJ Oil | ^9 Indiana P. L. II aataaa simaj m. || tS boiv r*i. H PralHs 0. 4 0. ? J? 6ou?U4 P?nn Oil M Va?4jum Oil <L* S. 0. Nn York I Ineoln (?a* a F3ecl. I mi'in l'rnn?. Il??,l Com. S I*f?I. "??<>. Male?? I'n.ier I nm. * I'M. -l?An?l?r?l I,a?. * Beet. I ?.m. ? Vtii. \i|lr.,n?la?k PlH. l'ower I on?. * TM. I enlral ?Mat?? II?. 1. ( nm A I'fil. FREDERIC H. HATCH ?i CO. I'd?.ne ltr?,n?l Mil?. 80 Bread *>l. Nee* *??.rk. a :? : - ? o < ? , - , We Will Sell 5000 Louisville Gas & Llec. 6 Notes 1918 H.F. .McC0.NM.LL & CO. :, riaa -t.. I?l. SSM John. N?w \nrL. Wm.A.Read&Co. Investment Bonds Nassau A Cedar Streets, New York ? ? A. ?r . Oklahoma Producing & Refining Co. ? 1 f?,r Cll . . ? Batcheller & Adec '????? . hang? ? w reea ?!?? ? Bank Servi?? ' - - MARKET NEWS AND COMMENT Speculative Issues Rise on Repurchasing for Short Account. STANDARD STOCKS ABNORMALLY DULL I radin"* Quirt in l ato Afternoon. u illi Prices at the ClOSC lielow the Best. ... ?"'.re ? SUb* ? un- | - commitment*? or- tl * ?H'let, while a handful of sp?culative ? ? pr.ce ' ? \ toi ? -, ?norc, , ??n to : than I r? appeared at the ?. ?i ? ? then, i came pnce? hard? a raili pron ed a ! " of more good earninj ment? ?vas (lorie in the Can I ? I ' around noon, < rucible lean Locomotive in the lead i opper atocha did litl , improved ,, the after* to in g no ? had aiiotl" I ?nul il I . only ? nd ?t ?' foreif-n ?. ; | .... | . paid ?:eed. Funds to n tion hare, il viiied out of pr. the / loan, w ? nt, talk of a fui was iiitt urally CU I I ? ' '. ? to relieve ? nave t to Petrol ra). In the mean time, ... ? INACTIVE STOCKS. 'i h ? ?sing bid and naked pr ici ? '.?.hich are Hat? ? ? ? . - i ? ,.' . ? i ? . a? ic?; i A. M?- ' - I - 1 I J t ? - ? . - ? ? I ' - 1 s ? ' ? ? a I . ? -, ? ' I ? * u 1 \ v l. .?. ? ? - ? ? . ' < . ? ? ; I ? A t| < I ? ' ? a. " ? ? ? . RAILROAD EARNINGS public: ?'?... : J. ? , ? ?.- ... l ? i . *. - i, . NEW YORK STOCK EXCHANGE i i ESDAY, MARCH M, w?. ratal Sales of ?storks Ttjesda;.. .*,! 1,700. against .'.01.'?00 MtmitT, 61T.2M a OttA .'it*? und 6*-t.f'00 a .ear ar-<>. } rum Januar> 1 to date. 41.77l.-ftOO. afalnst IN B V'??* ?K?- All quotation?, laehMllag annual dividend rate, are in fl'.llar _ ? * . ? es? . . 6 pr.... al pr. ? Net - . : ? - ? - Am. 10 .... . II v ' : i pr.. 13 117 \?? ?i *- Leather 1,1 ? - '. ? ? i pr. Smeltini ~ ? : pr A i . ? 616 111 : . Im. Tobacco Km. Woolen . : . 11.9 n . 1.1 ? i ? ? pr.. . Rap ?I Tr i ". I . , Petro *um.. 1 al Leather. . ? ? ? ip? I Ohio.... . ? i ?. ' ! ' ". <*)ii., M ?J P. pr . ? . '? . - ? i o| per . i nl. Fuel 1 Iron. Gas, 1 I IF ?. 1 . ? "in P . . ? . ? . I . . 1>s ? 101 loi T.'.U 4 7 I'll! - | - 100 67 ?'??" "i ii?; 116 116 116 8 ? . - a : 168 100 a 1.1 13 r: I . i : ' ?? 17 ? 4 '. ' ? a l 22 ' ? ' ? 111 111 III 111 100 i . ? ;. - ? , * ?100 ? 68,100 ?* ? . .m.. 240 ; 100 ; . ? '.? . '. I? . ? . 4.000 : ' . emical. . M otoi * . B ; ' ? pr. S'ort ' Ire. aube... 2,11 ? ? il. 4 .? I pper. i ??? 17 pr I ? . J. pr.. ? . . . pr. 1.100 .*, 1 ? . ? Je? ? . ; " . Kan ? . ! ? ? M. pr ? , ... . - ? | r ? Ma " 1- ", 320 320 11? 11 t ' 77\ ",:,-?? 400 !'. \ 17's I" . : 's ????' i lit1? HO' . 4 il'? ir BO T."'. 300 ? ? 1 - 61 - 6,600 16,1*00 1 -. I".' 4 ? i ?*, HP 119 ? 79 100 1 ? ' 1 ? ? ' ? ? um.... ?ri pr. pper. p. l . '? ? ? '. .4 pr. . ! 1,1 M. 2d pi : ? . itral . . N.Vji AH...... ' ?,.?,-? v ^? ? tern 100 . ' - -ii....) 1,1 ritan. 1.19H ? ? ? . 100 113 s* 11 ? - . . I 126 97 Mail I 1 o?. ? ? ? '1. 1. .? ? 1?! pr.. ? fir... . ar . ? - . I ? . : Rep. Ii 00 24 *. '-'? 1 56 4. ? IH - 2 -71?. i.'-.W ? , ' 96 1 ? ? ' ? .-?. I., ?v S. V. 400 1 ! ? t'-rj ? ? n ? 1 ; - pi I ? ? ee Coppi 0 195 . . per pr. .. Pacil . ..... I * nil P Am.., ' ? ? ? v , ? . pi ? ? 1 10 : \ ? \ ? 100 b\\ ? ? i no ? !?'? HIN lit', 14.1 i . 17'; 17 ? ? ?II', 100 - - - 1 100 ?.', . . a ? 4 - ? 1 ' r .' 17,200 - : ? : ? ? ? ral . . ' ' ?? 1 !'??'? pr A ' . ? . ?? . pr B . ? 100 . 3.1S .? ?I pr. ? ! ? , M f g - ? :. ? , I , :??.? I .00? 227 ! pr ... 200 I"i1-. !?:'?. 1034 1044 Bank of Germany Return. [?erial Hank Chun?:?' , a ? the ? ?v. i .. ? ?? irka, I? arl ?a ? ? res ,. . ?"> mark:'; circulation and ha- klag rt?**te? SJtTSfiOO, non ,? ? i ti '?i.i.oo.oiiu mate : :r.;n.:.m?o.non marke, . marka. n.vi ring circul?t on and bank;n?r not? i increaaod to 194 per ? ron - I per coat. Money b ?r* I anka on collateral m . m.trk?, t?j l,'l?9,000,* NO mark?. 'CURB MARKET TRANSACTIONS Narrow. Irregular Price Changes Business Smaller Canada 15-Year Fives Improve. A ?mailer volume of buiine.-? **s? tran?aeted on the Broad Street curb v-.an?jes (rev ?.?.-<> ? irrcru si I Irreg - minion ?rong, ..and initial dea : v. ere n !? the M . . i tuba ' -mall turnover coi pan ?s I after going1 a gj ?rd, il read ? - . ? hev t Motor Car gain? -. and ? t radine on a 111 ? ? and pr .iarly. Icrable irregu!.. ritj * .niK'h pri?e i ges g *o : ra. I INDI ?-UM M.S. ? ? . ? ? .... ? i ? ? ? . . L . ' * - ' ? a ? ? ? ?:?? ?? ? ? 4 , . -. ? ? ? Mar r pf I ... I , ? ? ? ' ? 1 ? ? " ? - ? . I 'Sunn II : i ? ? ? ' ? ' ? ?.hit? M ? ' ' 1 ' * . -I t.N'DARD (?II Bl BSIDIARIES. a t ' ni HER OIL -*.<?< I? ?? ? . ? . ?ral . . ? ? . '. . | ? ? MIMM.. ? ? ? ? ? ? ? . I t n ?? ' . t . . . . . ? '. ' 1 ? ? . , ... : ? ? Minim ? I :> i? . * . - . ? . 1 ' a ?-? ' .... ?.;???? . ??.? ? ? " . . ? Mini , . 4 . ? ? I I ? a ?'? ? . . v ,i : ?? . t .. :? ?? ?It ? i . : ? .. . ? . t a ? ten. I'i : ? 1? < 4 < . ? ' [In.. 1? H 1 * BONDS, i ? ?????. ? ' . . ... ? ?? ? " ? . ? . INACTIVE YESTERDAY 1 - - : ? T -Tl: I Hi I. X ? KM. '. ? ?SHORT IM'M NOTES. ' a ??-! ? n ? ? - ? I ? . ?? ? ? . I I I . ..... M PafOiga l.overnment l??ue?. ?tro ?lai ? ' t ? I ? ?? ?.-ri ? ?? "' ? . , i 4 < ?? . ' ' ? I ' ?j ?' *, ? ?A .* ? ? j ? ? I, ; A ?.!.. hi .all foe M ? ? U. S. Treasury Finances. !? Herri ??tin i i? i ????. , i ? . .. . ,. t .? ? . . ? ? ?? n,- :??? !,???:. .?.in.i ? ?at it . ? !'?":?: ?-t ??? . ? ii.it? ur Paium? ? ?. ., an 1 ?vut I .1.1'. mu?a ?l.-ca. BOND SALES OS THE STOCK EXCHANGE TUESDAY, MVKiH ML 1916. Trading in bond? on the New *, ork Stock ?...-hange **^^??L* tSJSim, arain?t MJSdJM M.?nd.v. t"MSMN a week ?? ?**?*' ???T tear .???* I 'mm January 1 to dale. *:-".5.3.C-0O. again.t $ l UM IM" ? **?? Val of B 1 > . - ? GOVER.NME.VT BONDS. ; - * ?_ Ha .?. m ? . IK) CO .'?? -. - - ?'-,? |U?.BjBl?B 10' 1*1 ? ri *-l \ll BONDS -, \ ? ? ?? ? ? MUNICIPAL BONDS. > i r-.t ! ? l **1 *? ??S ? ? A ? ?? ?r1? ' f ?, taa -. . . If KB II B i ?? ... r ;?? ?a ? . ? ? ? l'Ail W AI AMI Ml.M LI I \NFOLS. ^^]*g*g*l^^^^^ 1 li ? ?s (a ' m? ?i n " - ? ? ? ? ? 1? ?Vfl'l -?? ??>', 1 ! ? . 4? 41 .... ?' 4 et , I ? ? I ? San a- k a r a. * ?-, ? * i.eeo ? ? ?t.. . I Ma* I ?N.. . *??,! IMS .-.****************? ?? ??* ? ? ? . ? > ^^^g4jfja*?^^^^^^^*****|-*******a^H ? . ' * I A .1*5 ^^^__ . - , M- . 4 ' 4 ? s M - .?. I |? > ?, ".a ? ? Si i .coi a s.? ut la ara I?** ? ?". ..101S <4"? . S?'i N ?b 6? _.Tru-r ? "t ' ? ? - . ?. ? - i ?? ? . ? I, - ?i ?a? "??? 1"?S 40 ??<? . ir?, ?? < , ? . >?j-------m Il a ? ? < .a - ... i ? . - i?- 6a " '. " ,^i - ? . ? 1 i - ..i Am M ? 4 ? ?? . M _d 1 et ?a - ? !-> .....j? " . ! 'isS?*?* " -H*"?-^muat * n .-,,.,.:' i a n ?: ' i I . Sa """'?," -???iiiii^? ^~~~~~~~~~~~~~~~~~~~~~P"'? ,^^^m l.oo* . ? ? ? et, l ,, ? ? ?? ?.009 ' ?? R? ??* 4. - I ?i ? '? ?j oon ;???. ? : ?. _8ta:..lar 1 liai A I ? ,? r-?jt??*r.*1 tl\ I-*?* l"'tl? I'M ? I ? ? - N Y K-? ? -'a ?? ? ? : : -.i i? I ' 4 | ? IU I' I, lai ? ? ? l'a? - ' l ?*"|?W? Bt'?'N?? ?? r. |, "i I ..no* . M i - ' ' "? _ " " \ Cal ?i?, * Kl.- M 'l.?t; H.'l _? ?"?J"13 ''..??''''''''''''''H . s.sos it - ? ? ? ? ?""S, r ?? ' l.'???<>. kl ? . ? Fia : I a ' 4. ? ? ? I . a a I ^mes d? ??! * nnm iaTa^^^ Tfiaa ?o fj . ?. 0?li? . .. r i?- a ?, i ii.i.i - ? . a.? ? SI?*" . . '.'.?H'" 13 ????O ?j?????????? .. Tri ? It* Il A l * ?'a' : . m it-, r l'a 11 l ?? - 931 I (afe * t ?> : "a ?. . I - !.. . A I ? ? ' ' . ' ? ' ? ? .10? . ^^^^^^^^^^^^^^^ r; .i" Oi*-?*-n"?4 Une M ?*? " ' ? , Va? a : ?es ? , dorfS.tl ?'.'.'??a' ? ' -*" ?,, . ? ? I 1 . mmmmm' ?.ni. liiui? _ ? i. I A ' . ? .' I r a Krt? _se. I . . I ? ' ? ? ?t'a ?? 'i . """"""""""""""?s ''?r-.****************************************************************. do a ? .. ? i *; ?*j ) ? . ,i . ? . a ' ?????????????... ****? r ta ?? i ? -.' 4 . . .. l?:1? ? ? ' '?' ?t. *""""L^^^^_ ? " s . I.onn i _ wt II ? 4 ? I rniin I ir mi a a s. ? ? ? n.ooo _ ^^^^^L^L^?muw^?muw^m ? ? ! 4? '.? ??"""""""* ?.'.ooo . ?j?,' ?'?'"? ? ? ?i,?. w n t a P Oil! \t??*?- I t I"! ?I ?. ' ' ? , . I .-- l A M'?r _******_ : - <? ' ? I taaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa? reg 19 ??? . '"' ? a la ? on?) i GOVERNMENT BONUS. festerday. Monday. B i. Ask, B d Uh. i ^^^^?j?????????????????||^r*****************^^******H . . ? . ? . ? .? 1918.... M-1? IWS T?-'1? 102*4 C R i a ?? lai t? -. '? t et t ? ,0?- ],,, ,102"?i 1027? l'TJ'? 102% 4 . r.. i - ... , ? , a?a 4? ?..j. 1926 ... .1 11 111 .----------<*******'''? "?*"" --J????????????????????????????????????????????????????? , ,. : coup 1926 ..111*4 - 111 ' Pan "36 reg.. 99 M Pa * reg., w ? 99 ? "?"""""""""""""""""""""""""""""""""""? ",,,,,,,? I I9.ll ? - Pan -,ii reg i?-, Ss l'an '61 coup.103 102H 103 ? PROFIT TAKING SEEN IN LONDON Gilt-Edged Securities Rubbt-r Sharcs and Argentine Rails Mold Steady. London, March 28. Althou?h a atom interrupted communira' on *? th provincial ex<,; SI gts and caused a re? t? in hufine.?.s on the Stock Kx the tone was pood on r the reaped of the eongreaa ???ht nations BOW in be<<.?.?,n in ? t?edged securities, Argentine i were il ?? issues d<? ? ?*!?">e?* un ? ? -4 -*ar loan un? ; changed a! '.'7 ?, I V . tica oprrreil | . ? led uninteresting after. The I -England earmarked \ ? ? . : itei arere quiet to 4' j per cent. |i . ? rat rl and three . - to i\ per cent. i premium al Liabon ? aa 52 DO Mar ':i 28. Tra ng a . ? quiet on the Bourae t . i -. i :? -.-. Three per cenl renter cloaed unchanged ?,* 88 franca . ? .;?? on I.on- i dun. LONDON < i KM < LOSING. M lent. M . i i i " ? ' . :? ? . . ? . . \1? N *? ? ? ? a It.allni . . * ? a Dl\ IDENDfl DW LARED. R? 1 I M . . in Pneui ?all r. \ ? . ? ?., ? ? May 1 I ? ; . .?????. ... M ? ? ? a? . . ... v , M . \' ... I , ? ' ?..,? S, ,???.- , ? , ? \\.r | i- l.ldl? II pr ?.' i , .- vi?, I .?"I??- .... M . a, . -, ?I.?Ira dlvM'mt Mill-Urn ?I, Mend. HAU ROAD EQUIPMENT BONDS. iUuute.1 ?in a perce?.tage basis.) Ma- Hat?. ? ? i - . * ? i a . I ! fc Pitts..13 ? 1.4j I . 1.4? < | & i ? , - ? I 44 - ? ? ? ? ? ? ? ,. ? i . ? I a l'a ? ? I's-i ? ??:..<? ;i S.4 C A Ot Louie...! ? < ....i'?:: ?'-...? ?4.1 i ? ? K Ya',1?/ . . ? < ' < .1 -P* .-.1 4:-B ? ? -, . ? a - i ' l Tin ? '?.tl r,. . . , N V Oolral I.lnea.. .I'?l? . .1 4 ?,-6 . 4 ?4*. 4.3B ' . A; ?.'.??(?rr. ..???: 44 . N Y N H i- Hartfoi < , . ??,44 . ? - ?K IS 4 4 I - Ur Mue.I?li * (.35 4 SO ? ? < ? ? 1 Railway .: ? ? i 4 ? 4 NEW VOIE CITY BONDS. ? .? ? . . ? . ? . ? . a ? . ... a ?? . ' . i a a ?l V . , ;? . '?? -, : ? ? . ? '. - . . ? . ?. ? . 4 ? .. I.M .lets ?-. . , ? ? .1?, a ? ? .4 ?? . 4 . ? .. ? - ? pabla taOsepM ? -r --? .-? PUBLIC l TII.ITY SKUHITIF**.. Hr 1. Ask v? i. ? ? ? r- ?. r. *? t : ? . r ?. ? ? a -- : . , r. ? ? ? ? ? " I II ; I '.1 :?-: 4 a Lt. < - * Nor Bis i-..? 4 ...... it jo? p a w re m Pi ? ? *.? r. ? ,i , 1 v ??. .. t : ? , , J A' \tO ,-.,| I ' . ? , j ... , rot VU : ? ? It, s ? ? :?? 1 ?? l r La 1 ?? ?. 1 r .3 ? ? r I; .v 1. ? c , r 1.1 P ! :* > 11 ? ' LAI 4 &?i le tal 1 - ' El| B pf lei IM WM! I ??aa?r. IS II I pr Tl f. to 1 tot . U ? j ?rsr ralea IM n, StiMta 1 DAILY IMPORTS AND EZPOBTB. I'aily imports and export.? of general ?nilise at ttie Port ?if New York -.?.?r? : Imivkrts l*\pprts. M 1 h a . t I -? . < 1,011 ? ? . ?,l , Krila?. Mai?h "I. \. . , ,?? ? III? ?la?. Mar. h -. < . M . ? .?'? i .. Ml ?l.l Ut 1 1 -? ?, ? *-i COTTON Demand Inder War Conditions ?v Sut t *?? ? m Renskorf, Lyon & Company M 33 New Street ( ;:: New York FOUR MONTHS Latest Avail-Mc K?rnin|i United Light & Railways Co. i, . I '?HllfMI.li? II ? EBERT, MICHAELIS I Cl Tel. Rector 5312 r,0 B'vsay.N.Y ? 1414 la- \M? IKlM?. 1, M.KI W II Ml I I.UK I ?"V V\ I UM -I? X". ?I .K< 'I !? 1114. \'?t. | ? ? ??f *.?. >*t, ?'? ? ? ? .? I -St i< i ? * ? ? ? 170 ?>>s. SwmU ?IRIMJ ? r ' : ?? ? ; n ??'?? : Al ? ' r\US p. ! ? - - ? ir ,. ON THE CONSOLIDATED. The n ? ?ir*,<* *;.' freati r pa ? rC1 914 Ai a hiffl ? h ? : a * ? a 4 ? ? ? ? I . ?: ? ? s ?. . - ? 4 ; ?r^rr_H_ i * ? Il V T i : 1 y - ^__r ? ?4)4 a ? ' ?*}.. 4 * ' .'?I Zt > \4 a ' .1 I1 _mat \ l?e ?i., i . IT.Ill : ? MINI**?' 4 t ? ' - I 4 . -I > Ma?llas , liuilsr i .? t ?? i ?? .? - ? ? '*> ? * ?s ? i.? ? * A, \l . a ? .1 -?S 5 I i .;?*.";. .all 4 ' , ' U a ?, . I . ?I ?Sl?W.