New-York tribune. [volume] (New York [N.Y.]) 1866-1924, March 29, 1916, Image 13

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New-York tribune. [volume], March 29, 1916, Page 13, Image 13
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 29 March 1916. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1916-03-29/ed-1/seq-13/>

Newspaper Page Text

Executor Trustee
*** Chartered 1822
?jhe Farmers' Loan and Trust Company
Nos. 16,18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue
New York.
L05D0-N. 15 Cockipur St., S. W.? 26 Old Broad Street, L 0.
PASIS, 41 Boal?rarl Haast-zaria BERLIN, ?>S ??aUl ita Li-iden, ft W. T
Travel**-**-' Letters of Credit, Foraifll Exchange.
administrator Guardian
v
STOCKS IN OTHER CITIES
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NEW KETHERLAND BANK
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BALTIMORE STOC19.
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_ THVMU.NIl NOI |i \ H
The United Gas&ElectricCnr poration
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11 1 PRIT? 1? \l.i? TreMuree.
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urti.? ?i i?., lulled ?.a? Improaemrol Co.
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I l\ \M IM. MEETINGS,
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TOPICS OF DAY
IN WALL STREET
Revival of Rumors of New
French Loan Arouses
Much Interest.
COPPER MARKET
MUCH MORE ACTIVE
i rade Reports Expanding De?
Band from Both Foreign and
Domestic Sources.
Kf i?i that a a? .a
shortly bo obta: <? | j ? ? mrktt
paraiat?, ?l?'?pite den??l ?B banking i
??'*?"? ? ????:? i I. ?'. P. Morgan Wai I
abroad the report Ha? teen curre:.-.
? ' ' ' ? would l'?:
?.tod here by tt,e Fren eh -: v
ernmerrt; in far I ,.? the
t.me that ? '. ? ? . |
hern be| ? . i.alted by
the German driva at Verdun, the
i bankara thial |
await tic decision in that battle l>e
? - irai i tiei Ri
?i opment of v fa? ?
brought rumora that
the loi
?? i loan
??.. ? ?
ad b?ai ?for meeting
' -.1 .. per cer,\
of 1 r? nd. treai i oter.
amounting to between t30,G?W,00a"i and
According to the rumor,
?i ioa:. under contemplation
aa Issue of approximately
?0, to run between three and
At? rears, st j per cent, to be aa*
cured' by collateral of a suitable char
aetrt, post bly .-outh American sccuri
lf the loan i? imminent, the
t '?ange market, whieh would
! naturally 11 mbbIUt? I ? i
ment, is not reflecting 11
I again ? ?bowed no importar.*,
d recovery, C"ntmuing
Bead of -?'???? credits
j rather than the belief that one la lm?
g.
Mure Gond Kailroad Laming?.
One of the most disappf' int Bg
, urc? ? k market In recent
been the failure of the rail?
way .-rar-*- I ?? -?? : to the ?" I
imenl
? ssterday the North
. i
1 el ? eloalng
? ?
ai .I net 'or the month, yet the
gt ? daj 'I he
- ? ? ? e cht months
??how?? an inereaa? 95,472, com*
? ;...? d ng period
.. ? tata B bich, if mai? |
? end of the ye?-. B SB1 * B1
? rr ?cnt on the ?-toe?.. 11 a Erie
? "er the elOM 8
and therefore dm not figure
market factor, although
g from the way things have be?
going lately, publication of the ? ?
sun wai d -
i to ii flu?nc? the
gr? I . bruary inei
M .:>",.'..:a?in ove? h jrear ago. whll? net
arger by tbltJetYt. The roan'?
I ncom? ? ? ? ?
? ?ar shows an in? I
I ? .'.4.'] in the fac? of an increase
in opera! ngexp? ?
to the higher costi or I
i pi ater d B i ulties ?>f opcrat
nter month?.
I upper Demand Kipanding.
per metal is entering a?
pel ral boom?, according
th? trade. t?r IB? Brat time in
about a month, the market saawad a
"real kick" yesterday, copper dealer?
sa d, and there was evidence of a rub
B in the domestic de
man?), which i'i recent week
I down somewhat In Addition t?i
the incres demand for home con
Rumpl ? : ? ' thai
.??i buy mg I ..
? ? I ?? neh government mal g t
? ** foi the r ? ' ?
th? metal I
. ' ery il April, "?la;-' ard .lime. Fh?:e
the local trade \jf
would be '
tered hv th* French authorities
pper fur delii ? ?
? ? i ipply i? very I ia t?
; - ees continue to hold
.. ? | foi future
".nsronda ? Dividend 1 nclianged.
As?-.- i ed, the Anaeanda ? "
? a ? : ? i ha ga m the ?i ??
lay'a ?saet?as;, declaring the
regular quarterly ui?*bur?cinent, there
ning the ?took an ? M i?
year basi ' p to a few week? a|
? had looked for a larfc-r pa
men! ef on the e\
high pri?e of the
~* Itl ? ?? last week, I owever, ?
? ny had de
... -n"
rate uni i it? meeting, and m th?
? me to devote a part of Its ??re
ementi and enlarge
.. ? ? : ?
? that no charige wan mad.
i in the dividend, the ?ilvanr? ?
tertfay ??a ?omrthing of a
? time
during th" day ?? high a? 87V ai
closed ?? Ml?, up '?
Thn?e Chiaeae Gald Shipment?.
?? ? - In the laat
month have ? derr?t!mated. '
would appear from information ob
?a ??: ??'?' a- According to bank
er? here, t*hipm?nt? frem Su? V ra?
I ?,?. ? -, ? ted M,OOO,O0
weak for |ha East
.... |2,t*O*)l0?O0 (if American gol
<l. Baakera ?re laeliaad to be
i a that the < ? ess ar? employ ng
?tl Bg bui BOSS *rnn??c
r .I?- a and
... that part f the woi
v here ? ' ip?et th? usual
credit fa? tlei
- 4?
PRIEE WALL STREET NEY.*S.
The R?.nd and Morrgsg. Guarantee
? empany aa? ?lactad John H. McClem
ent and William B. < lark? to the board
to i ceed the late Robert
?nd 1 D '?'?
i. r?""nia bava elected Hei
? ?. a* ?'ant scrre
_
' tl ? iCtl -, ! |ploajve?
? ompany have made the position of (
? matead of appoint * .
! Iva, aad William A. Oa*g a*?* sleeted
I
Ari extra ?i ridaad of *? per eent baal
laelarod ?? tb?? "ominon ?tock of
.??i Kodak Comaany. pa?
? ? itod hOld? ia of reror d
0
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limorieati I ?I l
. ? ?? ? Hotel l?r? ? I
BANK OF FRANCE
POWERS RAISED
Right of Note Issue In?
creased to 18.000.000.000
Francs.
BRINGS VOLUME ABOVE
OLD UNWRITTEN LAW
Custom I imitcd Emission to
Three Times the Sock of
Gold on Hand.
?.y ?w.s d ro?
Ea?allabtH sf Public wt-.a. ItOat ? ?
I 'i?4?n.f ?'. I Issnclsr? '
[By Cl
\ | ? ? ?
uli..-ii has be
f Of 1 4*
note issui
snes.
When the p:.
wa- renewed bj law Decembei
1911, it. was Mar the margia of
it- powi r.-a of en ??ssioi. si there then
wai -outstanding 5,449,000
in notes, whi ?? tl
5,800,000,000. Thi right
sinn ?ras then eased
000 frai it it was seen there
. ? ? ? s another
regardless of the question of war.
When war was declared the i
of emission was increased to 12,
000,000, with powers of further -
crease conferred on the govern?
by an Order in Council In virtue
of this power a new increase Is ?BOW
mad*.
Formerly II was 'he unwritten law
thai the note i - le must not be more
than three times the gold stock. On
March 23 the gi 5,011,
300,000 frai I ? * I
? ii now a Ii than three
times the '?'???. st
COTTON INACTIVE;
DROUTH INCREASES
Reports of Increased Acreage ii
Dryncss Lasts Doesn't Affect
the Market.
There iras : ?.
' eettOfl mark?1 g - ??
trading. Bnsin?
i - -
reflect
?
? ?
The opening araa higher en ?vi . :
....
I ? . ? ? , L .*.
price to hold thi
th? market
I'-.-' atl . ' . ?
i .
I . - ? ??i ?? probabl) i
?
I
g - the i
.: .
rid the
? . .
new
?e sp
to be rea
ga, and a lit
... th? cent levi
.
|
agaii i: ,i og tl ? afternoon ?
ipport,
which
?
?
for 1 ' cuii
tinued stead' ? I
bulge of 4 oi
and trading ?
the entire day.
Dront
?
?
result
bullish vie
poor < ? gi ? ! I
attract
??I ring. Pi rate ???
i irleana rr-,..r' ? I an c
and, whili
x< an reported in the
fron Sew York to Liveruool, thi
??line in the gn rate tei
the repoi i from ?
the Golf ?? ? *
reported ot the i '
? '
claarai mi
ier ral
I ai?? ri-flcc*?-?! a ?. ni " the de?
?
aoane to indicate tha* ?
for eottoi ?
pet market
reported, were unchangi
gher, a
?
reaten. Th?
?
?were
ball i, ' al o far
: ? "
Kan,?- ; ?
Open. High. Loe ? ?
? : ? Bid 11.1
Itaj It.SS IM
? I
: .
i ?
?, ? I 15.H
D 11 12.41 1
.l?i, ...... 12.44 12.44
?
balai
" :
???>mparuii>n?. ttOo.
I , '
a
GI - ten 'n ??'
New Orleans b
Mobil? i
-h ? ?h 2.011
; ? ? -
M
Baltimore . ' ?
St. V'.'-. .... ?1.11
Beaton . ???
rhlladrlpl -
?. .......
ToUl.?, .... ? 14
latariof :
\,.-.-?_
Mempl ? " * I
St LoWM ???
Moa?tntt .?VIO Ml
I
a in. 4.1
?,
? ? ?nr?
I
Mur? ?.- . f?"'
vu. . *? i ?? ? ' ? ?? ' ?
as. ??? ?
? ,i ?"?
\\ i i: MM ??I Till IKiniNK- I 1-T
ni I 11*1 I 131 R \ll -
Mar? h r***, jraterday ? ? l"?e USLNS
Bailli n. i II ?"'
l?ne WOet agn . I1SLIS1
Une runnll? .ig?.'I U5Q9
lin? >rar ajo. ISS.7SS
High for lehruary . llfi (?Tf.
i m fee iv'.rirarT . IU.1M
Hl?h for .lamia-? . 1*1. :51
I a? f'.- loJiiiara . 111317
II .h f? r li?iemh?r . 1 -'I ISS
I ?w for I??f?nib?r .111.111
High for November . UlllJ
i. ? I t Teieaabar .ii?.aas
High for Oetobec ..ltejtt
l?t? f?r <> ?taker . 1SS '?'*
High tot Bepteasbec USAIS
lx>4* for Bepteoabet .
High for \ng?i.' ISS 131
I a? 'or Auju.I . in.*,.in.'
II if I, for I'll? IS1 ISS
I ot? f..r 191 IS Ii . : .1
I? gh. lull ar.ir 111*, I .'1.4:1
Iota, full ?ear. 191". IS! 19J
UI.IIM.I OP III) TKini M I L1S1
ni nun i INDfCfl BIA1 -
Mardi IS, Material ? fieea 1* nil
Mar. I, :* I ? *99
(?ii? vT?? I. ag>. '?I."*?*?
line m'i'l h as" SI M -
in? ? ?ar at?? . 14.1If
HiSli for 1 ?I,ruar.? ..... ?I .1
I ,.? for I -i.rii:?r> 11411
II C >. r*f .I..I..I:."
!?l l..j
High for !>-?'?,il.rr . 97.'HI
I ...a f?.r I?.. . ii?l.?r 94..1H
?I.1.1. for \,,.?ml,er. 91A99
lot, f.,r S(,??nil??r. 91..71
H.gh for October _ 99.-no
I ,,tt '.. r I?, tol.er .91.41.1
11,gb for Bepteeaber SSJSS
I ? .. f??r lepll nil.er ? USS
High for \i:gu?l SP.SSS
lota l,,r \iigu?! S.V1S"
Hi?fe f..r isie . sasss
1. t. i.?r ibis .... se.ni
Hick, fall .?'?r IBIS If < n
1 am, full rear, IBIS 99M?
PRODUCE AND
GRAIN PRICES
Commission House Buying
Sends Wheat Up?Corn
.Makes Gains.
GENERAL MARKE1 REP0R1
Hard *
Will M
B lar-rr
It
.
? ?
a
?nrr on
?
?
-
?
?
- .
? -
ill rol
?- . '? , >!u. um.
1 OH?
rell 1
?
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a
OATS
1 aeti?-*e
?
r
?
' ? -
?
?
l: I I
.-??_.
, oat rnii 1 a
? A ?.-.
" ' ? - Hav.
?
1.I0\
4 mi? ico I'm? 1 1
?
day.
?1.101*
, , t
1 ? ' ' . ' <? .
. ? . i 41
I Ml I ?.Ml HKAI
* , ?? I ?
? A,.
RY1 M ni K
? I
MS I I irro .
?
sack.-.
? .
.....
?
? I ?\ ISIOKfl
?
? ? ? ? ? ? - ? -
uitn ?? ?? ' buying t?y packer*, and
.....
? ? ?
K.-?T.?a? Cl1
I
?*
.. ?.
? ? ? .
?
I
? ?
10 lb, . .
.1
?
LARD
?
?
.RINK Br?
ian st?arine,
4 MM ?\i.-i PROl tatoNi
Open. I
HI 4; 1 ?
.lulv
I
>
?'.
.
1 m: 1 1
Coffee pri?es I 14 peiata. Total
? ? , - - .- ? Wall
tree! ? tokj Ma--h and
?
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?
-
, ' I
a Santos u.irhanfed ?
4
I -??il and
ral
' "oasa an ac? ? -
ties abr
? -a :. ? ?
?' e steady to uncha- ,-*
?
Kan*??
a, "*?*
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??"*??*?. ?3-1 ?.SO 9.24 I ...
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M GAI Kl it bes.
lugai ? ? .
-
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-
? .?I Oil. Later i - . - -
further a?-*--*-* .......
; st*
B? .? ?
Opes h ??. : ?
? ?
Arm 4 . , -
4 ? 4 * 4 - 4 -
4 -
4
'?
I ? 4
?
l.fifl 4 I 4 .
4 ,14
?
< Hi Ii?N>H.I> (?II
after ?
? ? - .
f th?
I , ?????
Or'
Marea .
v ...
?
...
? . * - -
i
HKTAII
?I ? .?? ?re?..' . ?? '..'. ? ? ?
nominal ft.r
?e for June ami inter. Un Um N?
Metal Bxehanae tin ?a? *??
-i ? In r\\e-'.o-\ lora quoted It it
dull? New York toaX ] -
-
New "i
i r.i Kmerteen Bm? Itlna si
?
> k ist St I
iri !.. ? ? -i al ?.- I for at?
?pot i- future?, w il
? ? ? ? .
... M . . ?. .
? i ; . . i
? ?
COI MUY I'RODl CI HARKETS.
......
Bin; u
?
?
i
. limer irrn ?
? ? ?
-
?*
rent r ? -
?
. II' I ||
Hete ts for we?
fur ?? ,
?
-
ike. IT
. i
\< hole
? ?
. *. .
*'??-?.
? ? ? fair to |
I id?
i ..i.?
? i
?
poor?
'
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?
? - aii?l
'
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New-York tribune. [volume], March 29, 1916, Page 13, Image 13
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924