OCR Interpretation


The sun. [volume] (New York [N.Y.]) 1833-1916, April 25, 1910, Image 10

Image and text provided by The New York Public Library, Astor, Lenox and Tilden Foundation

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030272/1910-04-25/ed-1/seq-10/

What is OCR?


Thumbnail for 10

J Ii Tans SUN MONDAY AMUL AP IL 2S 2L 11 Jme
F L
3
INCREASED INCOME INCOMEWiTH INCOIEIIJ111 INCOMEW
WiTH W TM SAFETY SAFETYMm
Mm tJfI J ITMM n = er r he M a < m me he hehijhe lithJh hehIFhe
hijhe + n T i 11111 > tnc h cxNanzns Iunn 1n 1neure f fcuri tocur
curi cur eeht H t g 11 < 4 4 7 far rn r afe ufeInJ ueand afeand
and irMMM JfIP1 cc SPefdtnt rrr 0 < > rUinc tl JI 4i 4io j r to too >
o ° r fliRs 5 f1lcreSIAg laereasl laereasllaees
laees
25 to 50 5Ctg6wlliltoal 5O 5Owllhoat 50wi
wllhoat wllhoatprincipal wi 111001 leOJtUlzl leOJtUlzlprladlNl tordlailkprlecIpI
principal principalCarr prladlNl1 prladlNlPlympton
t I Carr crr5plad jj l 1i tnns jnj w i < v 5v1 uK + jn tv tvPlympton vea
Plympton PlymptonGardiner PlymptonGardiner PlymptonGardiner
Gardiner Co CoBANKERS CoBANKERS CoBANKERS
BANKERS BANKERSKambfr BANKERSMemh BANKERSMtnbrn
Kambfr Nw York Stock Exchanf
27 WILLIAM ST NEW YORK YORKTo VOIUCTo YORKt
t To Yield 510 510FIrat 51 510First 0 0Firat
FIrat Mortgage BondsSectsity Bonds BondaI BondaSecurity
1 rC rCSecurit I
Security and Market Marketi
Th Their t J I ere arcs by fl u ur t tmergAcr
mergAcr r te i i idep Ji iil nriuzfi tie tiejp Itdtp hedepfr
dtp depfr < i t f ir irert 3 upnnhe upnnheert jp < n tn I p pp ppert p ps
ert f i Pubiw Pubiwth Pub > s c y f rpnrarin rpnrarine r
e ° th 11 n ie ew t tbond ct < e sae if 1 annual annualn snnu3lbond
bond be dnl mere mereThe rt rtTht
The f1n1I1It 11nw n a vuv irv 1r jn jnJM InCfft mLre31e
Cfft hr f feeJ t tJ JM tu tuIB rsrtIr < 1T 1TV
IB Ir = e ed d n A V ynrk rl 11 St Shk ShkEvhsnr = xk xkNWHaleyCo ii iiE
E Evhsnr Evhsnrprtcr44a J = t
prtcr44a hrtIv Jo srtlrw rtl rtlNWHalseyCo Jr n w f fNW
NW NWHaleyCo NWHaleyCoBANKEPS Ialsep Co CoBANKERS
BANKERSds BANKERS
49 4 Wall St New Ycrk YorkChltBa YcrkCI YcrkPh4teNsIe
Ph4teNsIe CI ChltBa Ole Sa SM r Ptaeltr PtaeltrIrtw > tlir tlirIftWR th thIIIIWI
IftWR i Briihirs 1 Gt Gthvestment CIu
a t tLL u rRET rRETIlvestnrent l ACLT ACLThvestrnent
hvestment Securities SecuritiesMembers
Members tem ers of the theKi rhelEI thefi1
Ki WI f fflUKlfim FlNllKlfiH111191giN FlNllKlfiH111191giNSTE1 Mfl MflJT9CI IIIITIl IIIITIlSTIeI
JT9CI EICHiNEi
IKooNm 1 BRITI o oiANKlSRS S SANK
BANKERS BANKERSDrsw ANK RS RSDrw
I
Drsw drjfts on and mike telrjriphic telrjriphictracfert teleriphietraesfen I Itaetfcn
tracfert to teRict tolil totiziao
tiziao lil 0 Cris Pirie PirieAill Porte
His RictIi Hisi
e
Ii IIlU i sue u < Letters of Credit Oeditr Creditavaalable Creditarulabie
avaalable r Jabe throughout throughoutthe
the Wt World WorldBROADWAY World8ROADAY > rld rldBROADWAY
BROADWAY AND D CEDAR ST STNORK STf STF
f YORKOew YORK NORKNtw YORKNIW
Ntw York State StateTax SttTax
Tax Exempt 4s 4sand 453nd 4sand
and ft ether her Tax I tmpt Bonds BondsPrice BondPlc Bnntisprice
Price on application applicationN applicationLW ppllcatlonI
N LW W HARRIS NARI iS GO GOANKKKS GOaANKCRS COeANNgRs
ANKKKS aANKCRSPI ANKKKSPlna
Plna PI StraaC Str L Cam Crmer Wlltlaia Wf WfNEW WHltaawNW WlltlaiaMCW
NEW YOM YORKINteralioal YOMlflrlaUolal
lflrlaUolal Nickel Niektlstack Nickllstick NickeleMMSN
eMMSN stack stackFKEDERfC stickFREDERIC stockIIEDERIC
FREDERIC H HATCH Ie CO COla COlrT
l lrT III rIIJ ra 1steQ AtS 1IIt nenv Neur1Ues tIft of
RaCro RaLroi1 r tail 1 bn roe ntlm la I IB tile tileo tbo
o t1 3Arhn 1
40 o BROAD STREET NEW YORK YORKI YORK1SLnnnnM
7 1SLnnnnM i I rnoB o IM I i to s is 1 1r A lire tncllr tncllreraaet Ift Inf < i lr lrBriar I Illra
Briar llra Omr air n SO ro rntGRE > r R m + ar r n noiTON noiTON7rlesenaes ro
Trte3 T 7rlesenaes c Stli t on a1s3I2 4 uu s fan n M HI II
Ftlr 1TIea Pntagtfarnnnntw t t ri I < j jfiuiranteed t ftwlurknt 11I Mtnn MtnnGuaranteed ImI ImIanteed
Guaranteed anteed Stocks StocksDeilf
Cult in h hEfififiiai hv hvEfttl h4Etfla
Efififiiai Efttl Etfla har a Lcwreace Go Gotit CIUl
tit titTAX oaWAY aRBawWAYTAX oaWAYTAX
TAX EXEMPT EXEMPTCUARANTEED EXEMPTGURANTEED EXE144PTGUARANTEED
GUARANTEED STOCKS STOClLSDacritNiv STOCKSOacrtp STOCKSDecripti
Oacrtp < i a list Ii sent nt 1 upon requetJoupb r requt requtpb qua t t3ostpb
3ostpb pb Walker 61 Sons SonsMmk
Mmk II Ilex ar r H taw w Turk reek t < W Rirkaaar Pr
7 3e Mnxul ft tr t
tw > n > nark t nrk
rrlt rtnr t Wife > t Ie Pmu PhIIaiphla PhIIaiphlaSchmidt l lalila lalilaSchmidt
Schmidt Gallatin GallatinInvestment GaDaliaInvestment GallatinInvestment
Investment Accounts Solicited So1iciteda
P7 N
tMefe t a
111 1tII itrtntnw nn It rO r 1 KINK KINKWmARcadCo if ftfU ftfUWmARead R RWm
WmARcadCo WmARcadCoBankers WmARead Wm A Read CO COBankets CoBankers
Bankers
25 Nassau Street N Y YBOSTON YROSTOS Yt
t BOSTON BALTIMORE CHICAGO CHICAGOBi CHICACOBiCII CHICAGOBigoiew
Bi BiCII Bigoiew fiw g Company CtmjianyBANKERS ClmllanBANKERS
I BANKERS BANKERSlaicmt
laicmt IIc auw4 allaw 11 11ta 4 dplt dplt1e d piii
ta 9 Wall Street Saw York
1 1we
we
rar riSASctAi INCUr SITUATION MTU4TrevAlthoujh SITUATIONAlthough nTU4TlVllhoucl1
Although ins daily turaovwr tunIo in iaat etoeu etoeu1k8Mc noclslsat
at 1k8Mc week wa oinawhat creator erm r than It Itwaa ItI itwaa
waa In th the wk beta baforaiao bat UId I tuCSatlocm tuCSatlocmIn oca ocaIn
I
In pr1 prlar war aiao on onthara aoawhat hM Ireer IreerI
I sceln than th war jrt no tndicationa that lhuhet thatthe
the th stock market was raallr rM1J emerging emergingfrom m rgtn rgtnfrom ct cttrom
from th the nit In which hkb It baa traveled traveledfor
for many w seek ka put Th market markecallU wmaj wam wamstill
till on oce In which aueceaalT e tip and anddown aDddnwn anddnwn
dnwn mormnta mo nlCD covwrtnaj a rang of cflnll C Canat
a anat lnll > out flv 0 Ore point In th the actS atocka suckawere atockar
were r th the h nil rule Ie and fully tullyr throuarlra threegtlartarant
of r th h traoaactlona In atocka aaamaal to toinginate 10nC1r4I tonnginaae
inginate on th the door of the Ih Stock Exchan EI EIchange I IhlUlp
chan change j tiir tt lf All 11 thia i only another anotherwar
war of wiring that what ar are ksowa in f414Tail I IW
14Tail W all 1 ab Si ret et MI oversold and ff oyer oyerMUcht ovrb
b bought atht otmditioca of th the majkwt trutr t war wensruler warrather
rather rapidly alternating with each eachnhr hhl machw
nhr w hl ant very naturally thwnac the nee result rcaultif
if f uch circumtanon ulmIUI M to 0 dimioiah dimioiahhe
he h inter rflrresr aen ak n in th thm h market by th thgreater tblT the thegns
greater lT lr r nimi nlmlr r f ciwtomora of stock stockoinntiiamn alockornnn stock4rm5rn
oinntiiamn noii hntces Vo o doubt oc 0 In Infiienc IDInC InQtleflr
fiienc InC hut h bat b opraterf to U put this thiat 1m 1mIh thisrhte
t Ih rhte hve upon current tTaira 1 hAIl bn th thnormal t tnormAl tha thanormal
normal h hetttaan ifat on nil auapoaajon pcl8alOU of ofudgment orlId ofMlgmenf
udgment lId nn incident tnf dnt to th the tim of ofregArrliBg ofrr ofrrrotfrdiltlf year yearrejartitoj
regArrliBg fh the h future course of ofThe on onTh art ° as asThe
The Th ntitloolc rnutio k for the th h at aon an n cop la Ul SdInot allno Ulnot
not no thnrn thorotighly + Ighly dAnU dOin a ami I theoriea aa aato s sto
to 0 the 111 prohahle p hl n rune > un u > of hiuin 613y111m 4 4veInproente da davelopraenfj cM1 cM1Iormfl
velopraenfj Iormfl through hmll < h th the year a ar are atlli atllinnlr atlU1nl UHonly
only 1nl jf1llttwly r < tnallr unfolding < A month latermay later latermay
may m h t it 1 will h boo poa ponihoo ibl to 0 form r01TJ1mot a aiirate amor
mot + OlIra iirate jiulgtrent Jifijm nt of th h mitra maltmrsIteynrr mitrahia I Inor1
nor1 hia h07rrr there Ihrvow AT ire pctal ppci1cams pctalj i
la cams j i al t flow no why hy a caullcu IOII IOIIon ioitcy ioitcyIn licy licyin I
in ail I tock market 1 strain i art commending commendingit eo i
intelligent it usetf lf to n pridnt peopl pl Vo intelligent intelligentperon 1 1IIO
peron IIO ran deny that b looking at the thetanettiwt th thunaettled Ib1ntIi
unaettled sat tat of political po lItlcal affair th thgrowth lhe lheunWIh
growth nf r raiitcal nenuroent and th t tI the thedimtlnttinn j
I diminution of o rear ir tnr foreign ign trail balano bDoennl j
not t to i > p rak ak of other ot hr ennpl conidrauona rUOOa of ofA 01nauro oftk
A nature thai will occur ocr ur to 0 very ry oc occan one onei
i can i o wet < hat th the h general ttnaaaiai ttnaaaiaiiro4p fn t trroept n < nal nalf
f rop rroept ct i II a rkMai fr rf l On tn il jther h hand handnoat handnner
noat 1 of the h trntuhleIre trniihlM fflllhl ir roo m merelr r ly threat throatsninj hrootl1lne i ieninc
eninc and contingent lnll nen ion41 rui n no cue weeeemingly ca caemmglr cuemmaly
emmglr are ar they Ihoo on th the point p lnl > of cauaing cauaingimmediate rsumgtmmwliate IU8InCImmU
immediate ImmU trouble The Th American Am ncui people peoplvr POpleroo
are vr roo not no fond of croaaing bridge hri t < 4 away awayin a am
in aiiranc t lO or of sitting down and r rprowling re rer111 re repr
prowling pr srind I their natural buina blAi enter enterprise nrrn ntmtpns ¬
prise rn and f11 enthu nhIIm ia > m for fear of calaml eafnias calamlthit
1 as thit lho mar after r all I nerer n com Th Thmm Tbrnm The Thernmdrar
rnmdrar mm > diae I ituation to II itnnueationably itnnueationablyester
ester than th tn < t wa 4 even a fortnight since sincern inc incTne IlKTn <
Tn Tne money mon itlook ltl nk t tl de rt1ily deid dfily wdly snore moriopf motltoroorUI snoreanpful
iopf oroorUI ui f told etport from th the h country countrythough e countrythough UClryhou
though hou h hr b U are re not far from th thettrem the I Ittroom Istern
stern total proph pmpht il a month ago agoa 0It
a that It t hkeiT Iic n h he rnched r chi have not notcAitii notraaj1
cAitii 1 any advarce viva re tn money moo rate hut buthavitlually hutfcave hltt4
fcave t4 havitlually actually l been > een a vompniii < hy th thpiMenr tbprn the theprea
piMenr prea nr s of eair alii money condition conditionf eanrtltioMOrnchll1C
tr f Ornchll1C > r nching rain rt M Ul ever Oy th the country countryhav countryhave Ultry
I
have mle th h he general crop promia promiaplenrlid prmnpltlrliti promtan promtanapienitd
plenrlid and an teadily INtil decJimna tiUn nc grain grainmarket joinm4rk n nmotrk
market re have attested th the fact Buainea Buaineamay 81 81mo1I Ruunosmay
may nor h he a altogether + a sA lively il ly aa it wa wanrlier w wrllr wase
e nrlier > n the h year hut IJ ut labor l i ia well wellemployed wellmpioyt It Itply
employed ply ami antthnet thoa h who walk th the nreeta trf
of nur r1taes < iti and ee th the h crowd in th thr IhrAlI the therrtatl
r rAlI tail stnrea f I > r < and other Tld ytdl1 non of an anrn aDr anAr4
Ar4 rn v trade r t1 ran < an n hardly maintain mam n tb tbh thIir the theMh
h Mh h Iir f hal cnnditiorji in this hia regard ar arat are ArlOr areat
at r all I had It m a wronx atandard a of ofjiid nfJti ofJndqWent
JndqWent jiid rn oot11 nt that attempt to compare buai ht Mrineee
n neee rondttiona nillnnJI nh < ithr with those Ih ot of nrr a atypical atyple1
typical r pI panir 1 nu > or I of a typical Iypl boom and yt ytit
it t ta I tnia hI P tandard that ia id < by a gr < rat ratmanT tt ttrnany C Cman
man popi > m n makmc ip < their mind on oniich tinJh oniwh
iich mall mutrr m A rrraln reran1se 1 n taaa 1 of merchants mrchantand merchants4A
and ar Th hr r p r pe > pl ple fnxuxrti fl naaz Ate d In huinrM buain buainroom hustnemremmtrui
r room remmtrui trmr rn n < h ftmotia actinty known knownpr inownpreyio1Rly ntW i iproo1tMJIIly
pr proo1tMJIIly i < vi ly t erfain time in th the history historyof
of their indu Inti induetn tn a ar are apt to e aay T that thattHMin thatb hacbtulln
tHMin b utne + N i IA twi hA < i if at any Mtr If ir i as a aa I Iartl teem teemaarty
artl a > tiv than on n th the tf4Inl nt < vra aeinns i rj rlfTri r f rrd to toUhvt 10Wb toWhnr
Uhvt < r le i xrraily prr j f Cf3ily ly raid t m th the t hrt hankin baninnttrrs hankincir MalnnClrl <
ttrrs cir Clrl < la i 14 that if r tn tree n count enunry nr a business hjIIO businessg I Ipe
krp g pe s up fhrwigh th the y year ar r at a I the th Ur am amrat are arerv
rat r that Ih it I do does 1 now u ita profiraM return rturnw returnx11 turn
w x11 ll M b eueh u lIh < h a as to aatiufy any r aaonabl aaonablVo snnshleFersfn nhl nhlptorfln
ptorfln ptorflnS
Vo S douht one n reason r wm 0 of r technical Ihl eal char character ri7traces hAr4Mr ¬
aces f fnr > r the th declining d lnlnc price pn that in th thmam thmn the thernInhartrrefl7
mam rnInhartrrefl7 chanrrenred 4 the tb movement of th thmarket thtr1 the theaVwy
tr1 market rt List wee wc < wa U that at the thetegnntnq th thf chamnme
tegnntnq amnme f th the week k th the speculative speculativehnrr rp riLtttre riLtttrehnr dIY dIYl1ofT
hnrr interest had heo largely eliminated eliminatedIn
In th the h PIX IX b bU1ln business < itne A day da preceding th th5 th5rhtef I Ichief
chief factor n affecting i tsnq value III wr roo tb th1i1 the thedereipm I Idevel I
devel dereipm > pm pmoonl nt it of r ewer u ier mny m mn ney condition conditionand mnditinnaand j jnti
and nti in improved Hook Il ok < f rlr r th the h crop crapsaes cropant C1 p
ant 01 thus uo nce niemy rely ie ie4 l to a i r nsk ie II cov covth lO lOnnc Cnvnni
nnc or f 4 epeIi lkU tlv mmltmntA rnr rnrth or orthe
th the ft The Th market at th the beginning h C1nnm of ofthe 1rIII ofthe
the III f wL > f suss w thu so placed pin A As to tl h hoot more morthan mtItllIAr morethan
than > r i nanly nil 5nsttar nsit ve t to mfavorahU mfavorahUf >
n4 111 curb Ih IDrnnhl news w wn were werefert
f fert ri n nhe he 11 result f A ingri ngr nltf1RAI s mal er eri I In 1urn >
urn i m n rw4it < cl j n lfnnrnitnty Wnnro fnnr mumty lnty in thi that Stat Statwher o4rhr Mittwheretier
wher wheretier hr iir 111 im to In the h case of nt4Im11rrflt nt4Im11rrfltfn a similar recent recentfrom
1f0 fn n f 4aeatrhuatte h tt curb h t emanj emanjrvrwtl mme mmerv
rv rvrwtl 1 r polttH I tI I e ntlmoont ntam nt w was s Thit4t 1 i ihII i
hII d from that shown ano it t the tit elI elItsnnw w 000 000un o otion
tion tsnnw w v ytra OO r ago alf a As to lend at t one < n to toturn topreuhrtaona 0 0rrhuon
rrhuon of r A Ittral roh1 YI overturn > YItlm
turn in n the h hrwatry cmiitry Ilry a LA fur a Aa thus thi could 11ti beArwnf h htona hoot hootonr
Arwnf onr lJ leht 1 at rh h nVlorwl elec elecones I Innll
tona ones nnll t h held ld in he h fall r 1I Indeed Wall WallStreet WIISrt NallMlreet
Street fairly ur jumoed to n th the concltumn concltumnUt
Ut week we W that At the theme b fall election th thcontrol the thecontrol h hCfntrol
control of th the Hou Houe Ou of Representative Representativein ftop taUY taUYln
in th the next Congre would wouldpasfrom paM from th thhand thhaodJl the thehands
hand of th the prent rnt hold holden n to tho those of oftb ofthe j I
th the party is n o Pfi1on > tlon to th the national nationalAdmialatration nauODlI nauODlIdmit1atntlnft nationalAdmtalatr I
Admialatration Admtalatr t on Th talk wa that a aiw I Iropning I
ropning iw poonlnc p nlnj of th the tariff tar1 Duration wa 8 in inentrle InY1th Inevitihle
entrle Y1th that pending this business wrcild wrcildagain woddagain t1dpin
again h t tm compelled to fold it Its hand and andwait antiwt andwrit
wait wt and an i tbat th the whole wh political p it A1 < outlook outlookfrom osttlnokfrom
from a financial point p lnt of view II had IwtaMlt beom Decofnsabout I j jabout
about aa gloomy and disturbed < aa it pre poaibly tIbly preihly
ibly could be t Now n it la i Juat w a as well wellperhap 111 111poorM i iperhape
perhap to v > point out at t thia th tim that such suchnyrturfl J b j joverturn ITrtlm
overturn of n r political p litl A1 < entimnt ntimfOtltth a ml mlthree i ith
th three > which it t i II now nn aid id aM ar taking takingp1Ar j jpUr I
pUr f illow rII < w th the cuatrrnary trut4 Tnary and inde1t inde1talrn indeerl intltalmt I Iaim01
alrn aim01 mt nvariahl nil rule of th the eountnr Muntryepbtaosll eountnrp
p p pbtaosll ijticnl history hlllrn hibnd in the II election electionn akrtionanail 1 inA inAn
n n nail t n th the middl mal Ba of a Prulntial term termIn InaIn rrmIn
In nine m ae o nut < it of ten on theme th oocamona oocamonaomething OOIOUIIfInAmtblnc naeaeonmsnmthmj
omething of r a reaction re tlon I to shown from the thestair th thtte tht
stair t rt t political p11 p Iitaeal tlCA 1 feeling manif rnanifrood td in inthe intl1 inthe
the tl1 general ection two yara before beforef I Ifer IIf
If fer f r another two years y th the political politicalpeodulum poUu poUUrtipendulum J Jrtulum
pendulum not infrequently again return returnto
to th the h point from which cl1lt it tartd or new newIMP n newIssues
Issues IMP 1 com to th the front and those th in inWall inwn InWAU
Wall Street who bn ar are roo declaring dei tang that th thm IhmJkralunlt the them
m ickraking magazine rnagarinm and tIII th the general g nn l i iInfl l
Infl tnlt1 ienc nox rt f men m of th the I fA Follett Br Brndg t7ntip Anyendq
ndg Bryan and nd Bnntow type have havficcdd ha haIn haveu
ficcdd u 4 d in addling th the political potit4 l in intelUgenc IntIIICPO intILaenre
telUgenc of th the country may rudy with withprofit withpMOt t1 t1pront
profit th the political record rria of the th rntmtrytAien country countrytaken mlry mlryuan
taken over a rvsaree coiir 1 of yr when cir circumstance cirlmtaD citrImetAnr ¬
cumstance lmtaD dlffenng ditfr ng only in form fromthree from fromthiv frnmh
three h now presenting p unc themselves tb ly were th thpolitical thpoIlUII the thepolltlcl
political i Issues ue of the th day daylide dayIti dayleid
lide Iti from th the unbroken continuanc continuancof
of if r favoraM > crop weather through th thVet 1M 1MWt thew
w Vet t lat I week the th factor of ntrfIotmnt greatest greatestement grataterourajtement
erourajtement ement In the tll situation wa th thproof thpttfr the theproof
proof exhibited dlhlt i of r the ftl strengthening lroon lnc lncth of ofthe ofthe
the th reo rllI < jrre of the h Bank of England By Byra 0JUlna Ryr
ra r JUlna as n of f r receipt lrtA of r money ma from this hile side sidef id idf dh
f h he Atlantic antl Rnd nd n by further punhaae purrhaeeor punhaaesold pu
r sold rid tn th the roD np + n market mAr rlt th the Bank of ofc I
c en nd 9 1 IWI ia piled r11 i up ita reserve to aeh a ahfj ahlr
> eh hfj hlr t a the th highest h aIfIt for th the tire tirej tlmef
j Jt > f rear r of any hon since Ha T Cxporta Cxportatof E3portafat sporta sportai j
tof of sold from this
i fat ceatra to Loadoa or orIi
Ii
from ails c clap Mrw Mrwthe to eeath AB fer terthe fert
I
the accouat of lam lamaa I 8deIItaurnlkk 4es start a1Bt oeatllree oeatllreetaaamu
taurnlkk taaamu eh aa It ta obriona ta at English Englishbanken Eaallahbank Easshhankn
banken bank desire to fortify th tIIlatftt tawsletl tawsletlasrinst mive miveaaaixutt
aaaixutt wrialver coraplicatioea l may mayari ma mau mayarise
ari u incident tn th tile lone 1011 delayed de col1 col1action eol eolIectlon colIctlon
j action of th the English Internal revenue revenuerates rTtmi
i I taxes tas which ta now obviously drawiagj drawiag
j near But It ma nma plain that ao far rarthe M asthe
J I tb the near fUture ia concerned high mosey
I rate ar are not to he h feared horn b aa th thresult the tbftrPSUlt theI
I j result of En English = llah r IftlbdUorlll > tititiona upon our ourold OCJraold ourgold
gold old supply A matter bearing upon th elM elMt9ta1 thegeneral I IBitral
general Bitral financial situation that callfor call calltor Ia Iator
tor some sOl consideration i is of ofI
I I oars th the character C of th the report flrt of our ourCompoilr I IController I II
Controller of th the Currency gii giving th thflcuraa 1M 1MIIctzr
I flcuraa of th the country national bank banksIn bankte
te r r pmii to hi hi1l rail for ro a statement statementof
of coaditioaa eoadIti oa March Xanhs la f These Tb show showthat showthat hn hnthat
that ia th the two month previous PfIri lUO th the call callth railthe all allth
th the loaaa 1 and discount of f th the bank hanksIsIcyeaswd bankIncreased barillA12nooIM
Increased over tM3nrMnno t u a mmlldwit1J compared comparedwith
with an Increas incr u in deposit of r only nl alittle a alittl atinJe
little more than OTnmnmi Of this in increase incrrlse ¬
crease In loan th the hank of our Ir own owncity owncity n nMty
city wr w responsible for only C7 S > r7nona r7nonah IQ IQI nun nunIt
I It I is In th the Western bank that by far farth rltb farthe
th the greater great portion of th the increase in1 in1loaaa In Inan inInane
loaaa ham Cakan place p It cannot < now C lw lwaaid t teaid bemaid
maid aa it has often ofr ben said with Justice Justiceia JUM jtatirin oO oOm
ia the fh h put that such Increase It of Western Westernloan Wwmloan Westernloans
loan a ae compared with that of FAternleas Pattern Patternloan Ft
loan 1 1 lot Ii du due to th the fact that Western W I credit creditha rrwlithas tlt tlthM
ha been utilized ltUhf to supfiort IIPJ a tock mar manket market ¬
ket speculation In Wall I Street t t It I is in indisputable indisputable ¬
disputable ptltahl that the time it Is l In th the 11 Wert Wertit W
it lf that an expanding r fllnt movement of ofcredit ofcredit
credit baA taken place and ha been 1 en enlisted enlisted
I 1
listed liIotln in thsupport of am irrigation jatiun chemea mrhmeeland chemealand h m
land speculation ° n aad th the likeOf like likeOf IlkfOf
Of route COtl npeculator > ro for th the fall mad mada road1 I
a u much a u thy could lid last 1 week 11 out It of ofthe ntIb ofthe
the Ib enforced fOtSfo reorganization of an old nldant oldand Id Idand
and well It known dry good commission commissionhouse fmmulnnhOIl commietonholler
house hOIl hilt the th affair wa one on that for forrear foryeare
rear 1 past ha h been regarded roo < ali a ae impend impending ¬
ing In g and it wa du due not so much to matter matterof matt1or
of recent occiiiTetK J1TI1nI a as to general change changethat rhanjesthat hu1 hu1tbat
that bar ha taken place < in the th lat two twodecade tW tWrt twoderadee
decade rt H In the th method of conducting the thedry th thrtry thedry
dry good < nnda business huain It t ill true that tit titcotton the themore b bOttnft
cotton trade haa been peculiarly ur llroot llrootIn t tIn
In th the last I yr by th the high pnc price of the theraw theraw h hmatflrlJ
raw material and It cannot be b etp t ctJ ctJtJJat > cted ctedthat cteithat
that with Ith cotton consumption cnnaump on th the world worldrrr worldover orfd0TfIr
rrr < apportioned d to a basis of an annual annualcrop annualernp annualcrop
crop in this country of I3omnm bale baleat baIat halesAt
at a prevailing pror < price of from 9 to In cent centa ntJIptlund
a pound anything e I Ise than troubl ranvault can canresult aDIlIt
result IlIt from a shortage in th the American Americancrop m memp
crop such as has ha just 1st been 11 wtb1 wtb1In wimee wimeein itn nrrt nrrtin
in th the neighborhood or Jononen bale halesAp baleSpeculation twflpoo
Speculation flpoo Ap < nululon for the th rts n has admittedly admittedlyplaved admtnilrpia admittedlyplayed
played pia a part in th the high price for cottonthat cotton cottonthat
that have 11 been reached Pfth i NTrUilea NTrUileapeople S Nvefthlespl I Ir I 1p
people r p n npl pl have ha a right to buy cotton tt ft ftany or orany orany
any other oth commodity I mmn tlt < lid hold hnl it i on onborrowed onMnOw onbnrrnwd
borrowed i money for the th rta riIuo at their thtrown thiown theirmen
own risk ria If they U think a ri n is coming comingand rm rnmtrjand re renii
and th the maintenance of any other nil nilof II I Iof 1of
of conduct would JM make hume < M Impn ImpnIbl impnsBible mpo mposjbl
Bible Ibl Sentiment in th the financial dwtnrt dwtnrtis rt tnrt tnrtjo
is therefor almost wholly whtlI to the Ih eflWt eflWtthat ooftrlhac ffertthat
that th the action of the r Government nt in 1
prnctning prr > or taking taldn tp looking for forward ro roiUTi forwarn
i iUTi ward to a pronecution uon of curb Ilb peculator peculatori ulatn ulatnI
i I wholly unjtwtined i tinlM IInl it i ill susceptible susceptibleof urp ptlhlnf ihl ihlof
of proof that an agreement wa actually actuallynterd aMuatl aMuatlntfOTOd aotuailyenured
nterd into on a Try large wal 81 for th thwithholding thilhholdlnc the thewithholding
withholding of r curb th a quantity of cotton cottonfrom n
j Ifrom from th th market aa to lift pates pnc pn for th thatapl thatapA the themaple
maple > in a groiMly IT unreasonable warEven war warEr aT aTFTOn
Even Er n no It I II lntr Imtlne tlnq tin to not < that th thSouthern thlth the theSouthern
Southern lth cotton planter plant and an thf th poll polltietan 111t pniititans
tietan t t of r the th So South ith I who It have h1 Y In th thpa I boo thepast boop4t
past pa t he tn i loudest Rat their th call II for r th thptmihmnt the
I I ptmihmnt of r corporation and capital capitalI plrl plrlI
I > iStS tt operating nc in uppos ippod d violation ofthe of ofth r rth
th the antitniM anti trut Uw a aw are ar now equally loud loudIn
In their denunciation of th the Oo OfImmt invrnmntfor ernment ernmentfor ttt tttrf >
for attempting Dc to check h by the th hand of ofth ofthe r rIh
th the law I an upward IIPW movement in cotton cottonprice cottonpyres ttnn ttnnpn
price These The Tb worthy Southern people peoplar r peopleare pl plI
i ar are of f th the came am sort n apparently app y as a the thefarmer th thi thrrmOOf4
i farmer of South Dakota nk two year y yhn ago agowho agowho
who hn when wh n th the Patten wheat corner cnmrat wa waat wasat
at It I height passed a roution at their theirStat tl1rr theirflute
Stat r a aeemhbat mr > > las l calling linr for th the h strWtst strWtstanfnrrmnt tncte tn t tenforcement 1nrtrr
enforcement nrtrr < mt of r the h anu antitriot trit law Ia aaatnot 6t1 againstthe t tth
th the railway of r the th country Intry and an in th thfcatn rhearn the thesame
earn r rwilution nlutinn pa ptd > > d a rot rote of f thank thankto tIaDto
to Ui the nohl spirited man In Chicago for forhu rrhili forhis
hu effort to raise the U per of their grain grainrtAciAL IfTAInI grainriS
rtAciAL riS + SCIAL CUL AND rnxtll nUFJtrl4 nUFJtrl4IUIOII xrrlr xrrlrsitanan
IUIOII 45n 11 oteRnap oteRnapIfI 00 00I
IfI a I Lev r re Arf tlt tltItr nun
1 s ear rw Ief t Itr A I re Hart lAw lAwS La LaM
S 11 1sart4a 5t M 1 u 531 M sty K Kt aS uS
S AlIILt4 AltaS I3ys M ai U 5n If 1D NM
11 Ion Oi O h hI 1 I I1f11C1
t AT ITtCWlC t5TIOIICSnL 1f11C1w
nL w SO III ft lor 1 rmt tfll I tn tnAm Wtt WttWK
4 Am m H a L Lss may toYI twl 5ve WK IfQ IfQlIS M ton tmIii
Iii amTaTevstat 4 M IDTT T AT ev YIM HB ims I im KM4 t I 4 inn t IIn 101 101m t tin
in totTttla n zTaT TATrtt iIJ 5r i v 5 > H aa 11IItT amj amjtl
35 stn tT Tents id lor II 1M Yw Oty OtyMAmr I
MAmr MN t J a4y ttt < s I
= r
I I
PU Ptiee et I 1M 14 > t 3t I a1 III IIII Mia
tl I ermenrt moir i S i t TI 0 kt 4j go ICi5 a ain I II I
I
in I ATK ATtSYeva TIIy < v nIy tt i I 1 i > UI illy r = las 11 11Ir tit tilir
ir 5 araeevS r rrTi 11 lus I 4lull ui < i III y t I3 13t51111 13t51111I uos uosi II III
i AT t T a 11 11r r T s srrtat
r rrtat s 11 pa4IlF t 111 lli 113 ll IIJl 4 0 rj 111 III Mlawt IIIn
14 n s A 11fT to SF ev evact c cwl
act wl ira tor tn 1ft ti I S 104 t tATr tnr tnruATail tn tnell
ell uATail 11I a lilt Pay a COt i I tt ttUAT I In a ati
n UAT ATIIU5IIL irSllLM a1 At 1 5714 aI aII04TSrw i M I Mfy Mfy10ATa9rSS >
10 I04TSrw A T a 3 r 4 4M4
4544 M4 4 an lilt QW Im < at 1 Mtt k a t am amU nit nit124UCLIa
U 124UCLIa AUCUn AUCUs45 a US sit ky 4 MS 14 K tint SSI STAUOo rl rlAtICW1J3
M AtlOo AtICW1J3 tl0 I INAir
NAir a4 r K art 1 H MI JII n 11allO > tu4 tu4I > i
I allO tr II td e5 sty M 4 M I Ioo x 1ITi 3T4U 1ITiU 1
U BAOPLB BAOPLBWV BeOPL1eWYsee OPL t jVu I
WV WYsee Vu pre m < w 54 trey nu a n nT ono onoT 11II1aO
T s aO e om o wja III > IW y 4 5l4 aoi C t a 3 r ru i any
u BaoswHi Rat SW 4a III Mt4 5r r eti T TBt at 1 lit litU I I
U BethStwl3 Bt 3tl4L StMI M TH 1i f t tBrkTArea y 1 s al alayaTAea I
1 I
BrkTArea 117 II 1 ACD IM ln I 1m t lit litI t J Ju em emfa I
u I BRIM BRT R T t IOB I uwt JIII toy i < H HM I 41114 < t In InU4 IM44aRTevu I
M U4 44aRTevu BUT 8 liT cry W MH l s4t4 t t 4 4T T TBkatniM n4 n4S 14 14BIIa
S BkatniM BkatniMI BIIa Bbt t I Hint 1 IIIt 1M 10114 lIItl i iN I I IJ 1P
1 1 I
I alai LO fOa t t Us t tU tor tfllll Stx1 I y I Imve II1SC II1SCU
U c Cs5 CH90M 1oI 11 181 1 1014 11 < S intt 11t INy lot I I 1014 1014rn I i01 lot lotc 1014 1014eCersltteeM
eCersltteeM rn c GIt ltt III < ir t M M I M Mm liltIn is
m Ceo G a Ia 11 i l54 l54certi lo loerrtiartr I IrU4ra
errtiartr certi rU4ra cie It M U M 1 1Ca M e 4 4a
4 m mG Ca Mlae SI M tae T Oi > 0 JIOI 1 S M n nC
4 On C Oa n M d tar tarUCLratbrrS la lartlllr i iernadctesP I
ernadctesP rtlllr 1111 no i I O I IU is isu
UCLratbrrS U C Zs W tm1 Wn > ions I 14 < 107 rI lo a any i4 i4f
f I 19 > OatPeltt r Pow u In 311 l M > i a4 M I rr rotC 7t > i M Mia asCesi
C Cesi 1o Paepa 1 W 11 My t ta t ae AAf AAfCRRef
a CRJIof NJ loa Uty U Iae ia KI i f fI y lsa Icy lt ltr
I Crni RR V I Ij
35 j r rf 11 11 t 174 1 in in incratnivt t9ICestrtVtst
ICestrtVtst cratnivt CAI M lilt m a t M Mt 14I I
t caoji n i tl i 10 tot I tot m 4ltt 11 i MI MIcao tn tnlCaOM
cao CaOM 0 tu 112 u tu m I I4lpy tu tu tuincao tUi1
incao 14 CO CCOW M t Iltl tlty m tomtom 10 iw ioi ioia Inli InliJI
JI Cafevs4wl C6n I N4 N 5t4 1 ev5 M MS N Na
a CkejAOMS ts IIMH 1 114 1 I44H I44HTCAiAltlH I 1O4 tlUlt 1 t1 1111 1 i4 i4tcaAUPs
TCAiAltlH 1 n H n 1 n H T 11 Tl TlCBAQdrd 12C1IQ4rJ na
a CBAQdrd o lily lilt lOtli 1 t91H tot 101411 1 1021 lot lotU inU
U CBAQ fee 31 em MH Se B II BM4 1st + titan t4 1 5t 11I BT Irtt IrttMC86QJII 5r4ice
1 ice MC86QJIIC86QI CnAgjatta M N4 4 MH M 4 i TH BB BBCBAQnl emI
I CBAQnl CDaQ tn W < r M < 4 MH trIIiC86Q M em4 t 4 H M4 B4 Ns4 Ns4N <
44 CBAOI11 tit N MS em M My M t t 1004 I IJ l M Micarmn Mai Maia
J CB6Q IH IH3ya lLto 111 l1 IIT IITS T14 l7l s Ott at ata
S cress C Me D II Ny ems Ny I IS toy M4
icarmn S CAE Ins in lit I tit mu muI I 1 1I std
I CtlCrt CIII CSlatttstn Em l t IIJ It 113 tit It t H IU litIC lit Itli 12 12CAVR
i IC c u UassI UassIcaMR a St P PCAMB
CAMB W rill 1a4Nll1054ltttlytn 1a4Nll1054ltttlytncc H H W H I I4C I IDGJ
4C U tia 5t iP iPDiG3a P Pi
DGJ IT141n0en4 I JftIIC JftIICIQ 4i s it1114
IQ CK A 5lP 5a M 055 tip a4 tOllLt tOllLt41t 154
34 i u a si P Pdebt P4b
debt 41t es Bt BI BI M4 M4t n4 n4N C CfA
t fA CAVW cf an Pa ni s7i T > i TH 116UII + i at4 H Hvj n4 n4134CRtarana
134CRtarana vj UII cniAPRn 714 rj 1Ja n BH tanSt H any H Hr TIIOi TIIOiI Tin
I tR rnsepart Rr RrIU N4 s44 Itx4 4 SOa1 MV
IU CRt CRtaPrf s N axe lit y n nna site r4
5 na CbltWlat Ir s IItIt r fll H WM PItIt ms m I II BT pay trw trwI Sn4 Sn4I
I Clol t 3tLC4a ML a an ire t DHL IIIIloi IIIIloiCCa any anya M > 4 4CCOa9Uf4aM
a CCa CCOa9Uf4aM u a a M tH ST 1So 1 1to M Mr >
to Co SC4 C4a r OSt i rm m m I 4 H Hi lit 1 Slot 1sijSCoISosa t
11 SCoISosa C tSo M i M M 4 Iry n ntr em emN
N C CeiMgas4 Co JIo ca tr Sft > t t7 e14 TV lot 4 a em na n arIB nIe 1
Ie OtIIIITtmaa b 9 a IB JE a544 i U saqf
qf tT
I
3eIa z z3eIa JSJr cw cwI
I I SCTest c cCII M
1111 N M M 5 tor torSSCLIeM
SSCLIeM > CII CIIa 1N NMyNlN01Nt 1N4 1N4Dlaav
a Del DelI Dlaav SMI N e1 4 IIt
3 III OrMNratam DrIll nits M Ian 11I BB 4 t4laaf U MBH MBHT 5s
I T OAR OIIROrts Da Or O 4 Ia MH BB B at atQrr3e JM ntt nttM MI N Nem
M UAJtamfJa Des Qrr3e Gr rst35 BBH H M BH BHI g4 N4 i
I I MUtal oc DtU U tal s1 Ha HH BaH BH ti4 M a am
3 DMafeaCarBa T3 n n41 TIH n a 4 t HM HMI o n nD
I DaPoctOaru DaPoctOarut D N N5emFCd4
5emFCd4 a a a 4N If at Ift
t nVMenaatHH nv 9em iN4 IUH U llMf I 4 M UH UHJ wi wiI 1U6 1U6I
I 31rprUMStay J CIte < npraaM pra ts am aft aj4 411414 l4 lotI BTH at atS
I S Er1ees CnvmaiTA ErtII CYta A A n TT TT at atEft M R4 R4a M n nB
B rrt P Ps Caal Ct5d Caala
EfteM
eM 45 N N N a aJ d SR4 N NS
a Kitcnllxt de sit 11 Iles 4 a t3H TBH THX lie T HI H m Nt 114I
I 1 Erie 1n l lt lit 10 I IN iOB 1B 1 a aIt I Mi t MB MBin lafl
in It rvalit fTaiiirstaiat Ill testn tot tat lOtap nt Mt w INraPM
2 FaPM ap PtH PlRt BatOB Ia a MB tea Mi IBB IBBI
I cl1 rtht1k < I AIMtutlJ IIC 14lla 111 its IU IUI II NU4 SJaf SJafIt 1111 1111Ii
It Cat l3 t11y44i1y I kI4 kI4I W WI
I naParlst Co Gs Pse us t II5 UIi 4 1114 II 13 tai IUI i M NN4 U Wiry Wiryntlaawe0a
3 ntlaawe0a BAWtfDU < > ia I ta u LIttIflca M i ley tH tHt
S ttIflca IOI 10114 10114 01 trtl trtlI IN1t + y IM 111
t HtrnRvra urm M M M N MM MMIT N
11 HnrkVl4ii 1fl I I tot lot II H t 14 < M ae Mt 181Inc I
1 inrrfMIBlt Inc M Mil Milt M M L H Icy < BT i i14U
t 511 mc Cm r I Nut IW lUll 1 1IT IN a0 Lrf I t lta4 MU 504 al alXT i
XT ILrtxlfV ILrtxlfV5r > rOoon I
rrfa 5r 15 G 10 4 11U tatl IU t54i t as IDS IDSto I Ito
to latrrlmraRT latrrlmraRTlaser Innhees ry R TN3rt T TSIII
laser SIII A im 1094 iort lo inn I 51124 i 41a4 UBS UBSSB IGI 101 trh trhTs
1 Ts IaST1r Y Yre
re tr4Iaa CtI I t at al4 at atB sty aft 10M 10Ma
SB tot tataciXM I a al on inn nit n114 It nm nmtm 111 L tU c cfZ ifs ifsIntartGIMM
tm IntartGIMM IntartGIMMrrr110eua11 lat a rt x M MrrrURrat Mullc
rrrURrat rrr110eua11 ll II Hilt 1111 III 1 4 lint UC UCKI
KI i raaGI irixo OI M 31 3 a a IS a aI
I lmPtwrrv9a U M as 504 > < B4 Nt ItfI
1 Sews low Cm Ces tt 7 fI l4 4 T Wl i My T 1 H TTVj T4 71a T4S T Ts
S a J JfU JpaSner p ano t 15 15s 3 ML 2SI Cli 1 1 aKt ya14 MS MSu N433lap41M
33lap41M u j JII p M M4 iai UL Sett W1 ai nit Mt Mta ajt ajtipn Ny
1 ipn tg 1Qa + S24 ay at t S s r AAs AAsfKaaMnix MI MIin
fKaaMnix in 1 K a it M la MH 151 M IIIp i ML Ax1y s W CBL M Mmr
mr p > u r TB 18g T S H J II IIJ
a i tet M > r t 10 I tmy im 4 tots 101 S to toaa slily slilysm M
aa nnOtr anatu 0 T3 TI 7 n I T4 T 72a TJ TJKrCrat T2CI
a KrCrat CI h or We MH W ar N H BT e1fC 5r4 at
4 KCRLAPai lOr Its 111 tta I Its lUU IU IUS U
12 Xlacc Rin1CoyWat c1oI U Uz t 54 tut4 504
S t lark Mri rte I I W Vt sty e1f r BTl II7t 14101 14101t t 1011 571 571a
a t ttelelOas3 rir < ten < ui tnv 1 feel 1 loa1 t tam tamn I 11181 IWIt
n tr unaii LI4 a U UIU Met ea 01 M an t H MH at attAU1 NM
M < tAU1 aua4IS l 111 3 I gai 11II2 u M H BU til tilt N1
t 4 < < a ui y it Jt1 ttt m MS BBS a S Si let letAI em emI >
i i A w 4s < i in m I MB I inr tors > > too IQII 1mIfdprer toolll
lll Ifdprer I m u 11II 11IIIJIII N14 < i 41 N4 MH ar yTs > t Mt MtM MH MHM
M LAS LA s N M M WO IJIIII 14 Ttj Ttji
i 11 IAN I n Man Manral Me Metel
tel M 51 ar 4 ant I < S n 112S 1M 1MS 04 04s
s Utnatiati4 ZuIrU M M 141M a N W4 4 at atWrln Nt
t Wrln 1 artn r eel eel4s i r I
4s s n I UI1 r Tp 1 10 M3t 10J
3t J MPMiHyM I MS co R r si > tr w wtru T T1tI 7P 7PIa
tru urtitRr h Rr i 54 rt 5 ir i II us 554 oJ 41 JH A J4 J4t 4 11161 714 f
t 1 UtRJ 4s et I atamped IID
ID O r1 < T q t 14 14VIVhSUI t 17 17Sfrbltals < T
VIVhSUI 1t1L Tai TaiL TrtJ T Tso I
J so a 1I1 MS M i it iI 4N 15
t UCU VII ri let > IM Bt 1 It 1 tt IH BE C1o > BI BIWnKRtn atuIat SttfeCtEie
WnKRtn lirt 1fr iie ur ll UC i V t seta II = 1014
Ma MaKa24 KAT T 4 3n MS III Ill H laL N1 14 ion mI a sat
1 UnKATM VW II UL a51 aa4 UL Lj 47X IT Mtt SL SLit
it us WIiT MSatttra T r MI My u MH MSia i H sns M MMa a ae
1
e Ma a ItT M 4 5T = UH t tT i it H H ui > a at iH
t UaPtema 101 r lees M I > s WBHIOBS toIIt tit > H Hlot lilt tor1Y
lot Ma y Pa Pee rna 1 1rru So Slei
lei full pt P 4 M < t Ny 1 1I 54 4 W 544 H yMA4nwY HH S
1 UnP U p r 1 T g 7B I IP 79 79J I
J MAOnew 60 n llv II 11 tie tt illy It u m uiu IUH
1 U MaOtt6a MaOtt6ac A < > M L
c rel r taatM N M 11II N MM MMinH N NS 1 1S
S Ie 411It t tea inH I Imo 1fItI tns I tt 1504 < ton toninaw 110IJ
J MraSIi3 r u inaw IOBI ina leas < t 1 IKK I I5ny t tort tortI
i Yr4a vrv 10 i inw 1 lcei inavtaa in nn 11nIt nnT7H 11 11t
It t SEJ eua5rs 1Ts ii4 I T7H V t TT TTt rs 711
s SaiRyMae4541 SIR I 0111 14 N 141 544 544I
I > aiRrMM IRnJI 4 JIll aD ta 14 KH 11 IT 7 I
4rutRRefM 4rutRRefMla < i nn r u ulit I ILa
lit tlar ran 4 N < 4e 4 44 H 41 IL a ar a at
t YC 4 I at at3J
31 MTCMIlHs fat B 5r H 8H K 11U M MXI NL
XI IC VtCUIJH L Pt II 11II SH H JH M MI 5I
I I I NTCkV MTCbaaiLr < tLw L 5314 ML S MH + tiy ten M Mu II1Y emtl
u s Y atr at t tIMT 5IN
IMT IN IHH u M4 w tnH I t4 tu MB MBis 11IIY I IM
= N T cttr Ot Cu Nt NtIIS7lire 4 tI tIIII t tIMTMW
IMTMW III t tor < w iov4 I Ire taH H IOBM toIf > 4 tors IeryL
15 f T air C1rItl H HHI Ifs Ifsnu
HI nu 7 l ImroIml U 111 < t 1 < 9H 1 t1 lDii 4 4na 18 tee lat latTClI 10 10ere I
na M T rntv4 rntv4rr TClI rite t trca
TClIJft1
rr rca > mm Jft1 imH t Mir tn i IOIH tct tm tma tmI
I 11 STatrsZN4 ats net 504 M4 41v5 t ntt ntts M I
a vTcivMiBM YCI MH MH MH H ton I II M MI
I MTOtpS XTQtrialMT CIYI IN7 Ie IeyrE1 WI If BBH H l0 tOOH M MN ema
a N yrE1 yrE1I T r ti ri nMOPN i iMAPI
MAPI It s i tat t 4 IOe laoH I wt 41e41a 41e41aU van lOIS IOBH
I u N r TGE2 TGE2HPN c au rj rjHAPM EJH
HAPM H M 4ea tH Sat H at T B N I j jII
J MT T LAte hI II 1141 1t4 11e11104 116 4 IWt test testti
II XTLAW4 TL emi 1 MH em 5Ialtot MS H tOt lotT MS N414731aan I I4T
4T 4731aan 4731aaneva T N II it itrr
rr eva a U4 Ul Ul 5 14 Ul Ul UlIS 132MTMHk I
= MTMHk X T t H A H IP4
P4 1 free IMa psi Uw4 t It IIII tt 1 11I It I IJ
J TOIt TOt U r TH BTH TH U 1 M BT BTM e1IoIII nt
t MTSAW IoIII a M 11IIITi M M Mn a at
n t NiTieni ITi IT + t cmr 1 > KH IT tot ITH iI BTH K M S SI rL rLI
I Marta M ont Ht I Im i ton 1 11I 1m m < I wtH I In Is fit fitM4
n r rt II 4 ts 11II Ni4 a M M4lm H wn II B Bn
I i
n l < r w w tna ume tIS > 4 II 1 tml1W1 H f I H IH tm lwi I IIT 1 W H HIT
IT Sowf rtrf e AXrv44 AXrv44flll 7 tY tYr11 r rre
re > < flll 94 IOtIIkl 1 ia 104 H l ICIZ < al 107t III tn tnty H 111lt 111ltJ
1 Noff Seta A Wrv IV Rrvr co
err 11 pt t lm a lltt IU 11nt I < lf4 toy 11t Wl4 tnlaS It ItIt
1 v ti4Co r wt MH BIH lit It 1H IH I II Mf Ni4 1ft 1ft1m fly < H Ha
55 a Sr Ktr M 4 IW HWt I lot toov + s i 4 t inn InP MH N14Is MHs
Is s < i > pirT P rvj n frt 1 TI T n ni 7
i liP N pit 1tPtI PAD MI N MH 11II MH W H 1 tII1 > MH MHtO ai aiIII N1to
tO OTMrN or MI va 4 MH M My H aor M MI a1n stU
I n 0SLtttt Or I I Me tt s 14 0 t4 K < 4 ot t 14 14I BT BTI kI
I I P Pv r fUnM ot otso wy M > a1 0 ay > H N > 5 Mlf MlfM u un
> M n ftrTAfnv T r aH STe 11Ift rt ro T H N4 IIrt IIrtIMt T4Ps51
1 P Ps51 L < rt i IMt Imo < v4 mi I tnv I < > 4 I tat I IIT 0 0IT w
IT PI 4 w IBM 1 io4w I tds im tu I m I Is i 100 tn4t v > lID lIDt i < a aU rI
t P a I Ilt m 1 aT4 Hi a T T1a r rI
U I Pr p ri II aallsrlnn 4il 11 ttis l lAP < w Km I Im T I tnz i iIM t tP trl trlIe
IM PrrJL P PtevP5lMl l JU > li W s M Ny a S or111 or111P 4T4 N NT
T P t14 V roOII sa M1 < M1 Tyr I SH g gI Mt Mt1o
I 1o 1tla II A n W 4 100 In 1ft1 1Ly I H l IllS I In Inp 1117PrIRarin J Jp
p PrIRarin rtwAC Itr in jo 1001 tot I im I s i IN < i ii IIlt im imS °
i a TH a 2TI 31 t K1 571k H 1 all allI 31 H xH xHM tm tm7t
11 1t or f tes > M M4 11II M 4 l Im BT BTBTH tnI
A n4rJred 1 Jr a BTH r p V BT liti r 1 1I < i M Mlt asRSarr1
RSarr1 Ro1I lt I 1S I 15551x11 H I S 154 I = = S J ID IM lott lottI I e + 1
4 HAOmn H II 0 to urn 4 in II 1x in I tnr 1Tt41w 1Tt41wI > tn t > 4 4a i i
I HADdfci4 K6UoS 4 1M sot tm 1 lor 111111 i i iII i ileG
II MMOV leG AI 44 ll > t > 4 IH 1ft BIH III e Wt M1 M1i 1ft 551144iW
i 1144iW Mil ml r P4 I 14 11 54 i > 4 4 > 4 U ua 533RIArkaLa
3RIArkaLa 3RIArkaLaale 1 rt I Ark A Ua Uatr4 IArem
ale Km rcu rt 5it V Jji 1ItV as v M MJnAl 11a 51 <
4 pJetI JnAl tor i M BJ N > I N K 51t Kt aI
t t j 11 a 11 11 11 M 11 11S I l
1 I A rna U UHvAriri Ma
HvAriri 11 a N IL ti M 14I 57 r > It Iti
i siLAir SILIlYtse1A a ia uo tao 0 a tu iaa iaaT4 I It 131TI
T4 ausr oil LA LAI ar ta i i iItr
Itr N MT4 4 N t MH + Vf M 1i 5714M TV TVM 1isa
M atLalrrdf 1LASFM f4 BB MVi N t N IIV I j I j I I
t < lt1WM L I BtV NV Ie MH Blki 01 01I t44 44 504 I4 BIH1 n4
14 I IW Lawree W n K TB Tnt fry 11 M W4 T n 7721SPMwC4I1r I ItPV I
1 21SPMwC4I1r IIPMAWc 4109 eD tOO loa 100 IIUY 108 1084fU toxrMaMM
xrMaMM > 4fU UY UYI A MU
rs S to MH B Woi H Ml N14 I II m 44104 1 B 4 M1tPelCtt M
t 5ipAicut tta iu tu t IUH It 15a44113 tu naI
14 I AAAPM AAP t < BTVtf TH m MC MCI L < MH
I at ash aPtt PatieN 11 Ba BT 5 BT BT BTVt Mt MtSrMALM II4tJ5 50 50D
J5 SrMALM H 4 L > too art too s 141504 IOBH BBS
5 1mI4L bud A t r rrtspd
1mI4LIIC1i
rtspd mp 4 44H N4 IIC1i IIC1im 0w4 H S IH 5p 14 147estd K KITS
ITS 7estd t bd > d 1 L I41 a4J 4J ns n Tl TIH Tt I 114 n 7054 7054S4aRtIn15
2 S4aRtIn15 aJwlARa i 11011 t10 tm I 1011 HI tf I 15415 MB tor torN I Ir na naBI
N e lr a 4 r 1Mr201 tin lilt ffit4 II 114 1011 lot
11 P a BI 1 5114 Ti M 0 M Irti IrtiI t tw
1 I srrris ror w M BH B4H > t4 M4 MH MHin N41ula
0 1ula In versa Inn in 1 uH Jail MH IOS > H tttH III lay taatri
JI R R7MAN H 5f ri T IT ITTIt 5143715 JH Tt 514 H M 4 I
45 4 5Mv K r rm 4 T M i 74 TW4 TW H alt 511 l4 TTH TTHI
I TftIflIl1rT Trn CAIt tTlQ toa 1O I KB tOT lOflt lOflta 104ft 104ftJ
a JSS IraaCaaiai IraaCaaiainncal Coal CoaiRR a 1 1nags
nags RR 3 Ie IOBH t tGi H CIZi l H lom IOCiC 104141551 1041415514TrrnRItAl I03H
4 4TrrnRItAl 4TrrnRItAlSnLa Trm M aKA aKAIhL H A AS
S IhL SnLa L BTH ST lit BTH 4 4 M BT BTTVsAPlMJ e1TP na
a TVsAPlMJ TP Ik IlIH n lit I ttt1411ti HtH HtH ltn nJ16 ltl I ITkir It IS
S TP Tkir t rd ATl A IMH loH toti 1 H 6 a4 4 tnt4 tnt4I JIll JIllI aY4
I TklrdAvM TtiPdA 54 4 4 54 N 441 t tIPd MH 50454 4 4llr4AT
4 llr4AT IPd NAv45r1 NAv45r1tapeL 10 Cot ri c cIT I
tapeL N4 4t B4 544 4 H k MX W4
17 T T5ILAW uW IIA W 4 B a T8H IIitP 7 74 4 M lilt 1at4 1at4TSILaWP55M TIt TBTB TItT5IL
B TSlLAWIH T5IL M M M H M Mi M
T5ILnea
i nea nOl KL4 TH ST CTH BTHM 5514 14 M MI II III
I t ttrtfnmt tdrttroa5i ttrtfnmtafbMlar ftrr ftrrf
afbMlar f t 11II SH HKf MM 50414 U HH HHttf IIn7 31 3111T
ttf CPa4 t Pem r t 1151 H 50x415 MBM a H HB4 4 e4 < tall tallu 504 504N
B4 UP u UPaecf4a r f4 BT er1I er1I111I 4 OC4 55 8H 8HIM 514 504 504IN
IM U tPMSWN Patrr P 4a MM t 15l50 I H MTIC 0714141154 H m tlH t tt tor tora
9 CaRRSP t M M 794 T 4 TO 7 JW4 H T4 T4U T 10 10V
5 U SUatkM 5 tiara N I lcat H t I ts1410114 4H I04H ted 154 4H 4HT
T LScfMrmJ hlYu M lie M H WH en enZT n nrr
rr r sfMr s IU14 n 5r t > i MH MM 18t500f BTH B BB 5514
B V3ofia41A USaOts t500fn tA Mi N KH s4 < + 4 < 3554 BH BHII
II U9Wtvl a MH 0 BB I IH BH Mu M MU4 5u4
U4 u 13 notaa1eii I aa4 aa4 JOtU JOtUm teR4 teR43n
m c UN45t4tN 1M 1MI t0 100 1S4 10444 145 145I
I f ca Mriaf Mriafre at Ills IllsISV164
atI
re ISV164 I ° to 1114 IM totD 141041544
47 TaOtfCk crCIIlaL lttMV IL aFi aFiIvrC6CIa I4 < MHMHHMHB5 MHMHHMHB5BT 504 50414 504 0111 0111S
IvrC6CIa S BT BT BT e1v 1450 m M BT BTI
1 v Ya M14 5 o D104441Ny toIi I tit t4 IOcIi Ma IOtIC IOtICJ
I VaASWeVM VL3W n 5a BT BT BT H MH a457 tT tTu nI
u wbkM 1 tta II tarn 15P + 4150 tw twB 19 IS ISu IU 14714 14714S
B WakaaBIoV u Ml Mt tot SOlP1UaTW MBH MBHM uas uasa
M WakPtnaTkr WakPtnaTkrTlatMctfaflH RbP2HTwaY P1UaTW
aY TlatMctfaflH tal Nlt cat a1114 M14 tit titII M M Mta 504
ta Wrt RSbrt11aTSr RSbrt11aTSrRf Pitt Tar TarAT TwIblll
AT Iblll an 7da a a a Wi 4 I
1 nl
r ARfelilrafcllailrM4lMdYitUlKlil ARfelilrafcllailrM4lMdYitUlKlilAt J NIb Irk AailrsadkidY O OAt
At Us ikl tiae t wkM sway favMten ow ewiag ag ta the kwrtMd kwrtMdof
ce C of dv1g thrift h are c tlirpcitlg peif liIC of their Wtk elfe fcewb cad d re retlBf rc rctafMHIc relavaatitg
tafMHIc tlBf i ta beds to yield from Ses 5 c te 8 19 toe fra r care caaaot caaaotgives Quath
h gives vee to the ftaMky ud Kragth of the wearky q qWe pvckMad pvckMadWe pechueWe
We are offarteg te taTMtors taftlt n a first at ntaadtec 8I8rt1lll 8I8rt1lllw aliert wnp fle fleM e do doskid
w M bead BMtvriog ta t 28 2 yMn escanri He sct ed by a aMrtpft 1181t 1181ttW e tile aa aaMMatlal astlmita1
MMatlal pan 6 ef the sods Itee of OM ef ear largest tnavceati tnavceatiBMKal trUlefttlIt
BMKal a1 gal ayMMK ftt t a rate l Ikaked uk ks to S31 3f 3AII fW a Mile oderier 1tIdHIa 1tIdHIaIe i cIediatf cIediatfprier
prier rier IkM to yteM LJtfJ LWWrite LJtfJfir ce ceWrill
Write fir CirnUr C xaiS xaiSI ttl
I itttr Otatto i iMaaiban PrHfiH PrHfiHor I tith tithRnban
Maaiban X New rw Tart 1r S IICMk Mk EtakaaBANKERS Kzcaaaca KzcaaacaBANKERS ltalaaeBANKERB
BANKERS BANKERSTaj
Taj MB OSIS 111d Jt New w Task S a aBertron is waM waMBertron aQert aQertr aQertBertron
r
Bertron Griscom Jenks JenksBANKERS JenksBANKERS
1
BANKERS
40 W Wall sr td Tab T TNew P14 P14New
40ffrwYor ffrwYor New Yod flU J m mInvestment
Investment ScaritieWilliam Securitie SecuritieWilliam S coritieWilliam
William P Bonbright Co CoANKERS CoBANKERS r rANKEKS
BANKERS BANKERSMembers ANKERSMembers ANKEKSemben
Members New York Stock Exchange ExchangeElectric EXchD EXchDElectric ExchanteElectric
Electric Power Securities SecuritiesLaJo
LaJo New Yerk Colorado C 5 5II Sfg SfgI
ManG r ere ereMeo I Srlw e 24 Broad 5tnet landO
Man amt Meo H I
I II J 5 I
JKRlceJrCoo JKRlceJrCooin JK lUee Jr 4 Co Corea
Pe rea SAlE
in 2 Awr A fftiri wl rr rid rrer ridCI
01 Baak 55t f Beatrlair BeatrlairI dAlr
Its I a Hatft H IM Tcuteml renal 1 ra fewel raI
el I eee rntral nl 1nl a Rr Eradicate EradicateII Hues Hues0e In InaLl
0e Csa < II aLl aLlEat a Lie reIM Own Ownia
ia IM Easter Eat 5I leH In l i pre rfaI preL ridet
et I 5mmt L rssva arat wtesl c wl I Ila It a au St Stus
la Larkawaaaa u 411 411Ice ie l lI 1It
I Ice a Ixni It TUr T rr Pfd Pfda4 < J
44 tat t Park flask Ra RI aljat aljatS Iall Ialla Bt BtW
a Nw W y11 fetters rartalaaa 1
aa 8 a to l 1 a o 0 a r LaPPid LaPPidela 1 Lit r P PIra proto
ela see Ire Ira 1 A all < 11 I t 4 41 41M t tTrm
M ae aes r3lrlt r3lrlt1sn 11 11T
1sn Trm Trminn T la Rfd d a atwl IS ISlas
inn fait tItedutOctets tiea tI r rid rtdF Pfrl21t ridle
21t well 1 F r a fe fe47aee
47aee wtla marr It H Urn Cell II Ia I I 1041 1041WANTE MS NIWANTE8 MSas
WANTE8
2 71 ann t t2S kp kpU
as rears rMimir4ntl 1 Ir IrrI1 irt
50055 r4ntl PuklUbM PuklUbMtot rI1 5 5tee
211 tee QMaa It esNIIAs fen r rIt
1 It Nteet MIrAI I If fw fwI
I f Nawat 11ea1 1 P1ot P1otf
10 tot f amlrtSg < m > A AM a aalaa aalaaInq 1 i
Inq 51 1 It Howl Howlai It r Pwe < ts tsI
I ai 1 11 M Hest II It r Pwe r T Tt Pit 114n Pit5e
5e n Pkelp Med It Ce Cesite c cI
site rIte Lead RN I 3tw
2 tw 1 I1 ntat If IfW wsr Ce Cew
W bar t be tnmt martrtt n rlett In nll Meet ad ot testily IIenlrt1I testilynzrnuPi
nzrnuPi rt1I an4 rrw 11 Iii r Inr t tJHRIceJrCo llt1O It tINt due dueJRRIceJrCo 1r1 1r1JKRlee
JHRIceJrCo JHRIceJrCof JKRlee Jr ACo ACoP
P PJMnet I1 f It > n K Here f 1 i I i v t
MqA Hc 1 tes r 01 Vrt Vrtl VrtwrtT i51M1 i51M14tn tl1 tl1n
4tn n r5 rw l e race tfII IfS5LwRride1t or orftr
ftr Rride1t Jdr wrtT V St w wsn 1 1tI t = I Ia
sn If We n
11 eamtheur eamtheurfleen54 111 tinrl Ift oii
t1HCOI Iftt1HCOI In IO 5i Ii IiW 31 r rm
70 W M Mti rr oS < 1 M 4s c 5 IS t M MWV
2 WV wMTarasta tllr rl fin n l41 < IM 1 III tn tnu it 111 111O
4 u ncoimr O 4 Im n W kn 147 < = J1 J1H 11i 11ia
a RPSt 111 Nrf H ices am N tn 1 > 4 lw lwrt t tw n nHI i1a
a Wt HI ll th A 1n1 f rt M 1 5111 m t f fU tree treea
a wr51 t 1 4155 3 as A4 a a an u uIl
n Rntti ta 45 11 Ill tl I del a f C Ire Iret
s Lr 0 0r = =
t r I l 5L1 U AiS AiSTl 1 51 I as asTotal
Tl To Total l M 41 J < lit f tvtitoi 4 t I I113thn I113thnSNler3dar HMJ HMJO L I II
SNler3dar I et InnfedariIU InnfedariIUeatenlD I 0 t trno
rno atenretm 0 ISIS ISISele
H f fw fI
ele e w 1r AN
350 face I Iuu 55mni r tort I 1 1AHa14 t1M1
755 AHa14 AI0tsimn I 51 yf r 37 37IM7m
O m n > t ic rr r t tI
o
iTumn 1 1 Amel m m1 l lIvi Cnp0r fP 7114 73 1 ft 11 11in
Ivi 1 Am Amj If ran h f If Ifm 4 I
3755 j > vt Am Tn ran f4ntani n P I I lore I Mi f J Jn 1
tani im c fan n f r 4 1 73 72 1 1m 14
55 m mar r A f 0 53 4 4en A Am
en Inra m Co Pf 551 15 I TI TI9e f fro
3 9e Am m Cotum ro n nO nOA t1 i My i M M MLust l I Im
m > In n ream A Oil Ol pf 111 l iii i W 1 4 Wl I tim t tJOB Im
JOB m am Hide A L LA T H Ham 54bm
am am A trade t A L rt 344 I 3 a IH s sAI 34tr
tr Am AI t tee3eur x x I Ilo Iy
IflCfl lo An AI UBMe4 t t IS > 11 1314 H U 13a I IN 14ton
ton 10 ti ti Uawvtf UDt pf 1 oi art < Mtl H M s t 34 > H
m = Am m Lorotit I Laromeeev T sty u st < M 51 1 Itm I IV I II
I tm < V tm tnLaropf 1 I t ero pf 111 IJ tta Ia tu I ITU ITI 1Tai
TU TI AS 4 iltCorp iltCorptao 4 alt CO Cory 4t > < 5 5ts5
tao la Am 1 Matt V4 l Corp Ca pf M 1 1714 J 371 M Mtrrwo s a a1ITwa
trrwo U An 1 9mma Sruaz 11 4 Iti I a a JS JSAm 34 34AN <
AN Ant 1 l atl fr 1 1nr 10 1504 t 1e1 tiC tiCA I4so
so Am AmKt A Smelt I Se 1 1Am NS M w4 14 14ass
ass Am heel Jl1 rd 531 U 14 > 25 41 413n t I
Kt J 3n Am tiar ca IliH IliHlo I > lt la r I74 si 31 311S
lo I Am Stirs ca o oUS I 1 1 = P P5a54 Ill IllTr 1
US Am TH Tr A TH THun Tr ls 1W 1 5114 1351 tt6 154a5n
un 1 AmTnh m T Tn i nf 11 w wHt r 711 a1 111 5 I Is 1wx
Ht ATI Wonlea M Mtnai s 11 n nIAI 114 114trot
trot IAI 1n < n Wei4 VContn ter i5 pf P tnw tnwAnn I IIOS iv ems sS 4
IOS 143 lueaedl 0 7 O OI 44s 441 = 5 5Im
I Im Ann Irber Irtwrpf fr t Tl t Tt TtttrtTop TI3da1 t tT
3da1 ttrtTop tern T Tep A Sr r re > 1 53 til 1 12 tiy tiymi I Its Its3rx
mi S Alea T a > f t af 11 lit IIS 1 f4 In l a IT ITVio In tt 4 4Ian
Ian AiUatlrC lAu C 1J tJn t rye v tan Iw Iwtan y i ia
tan a iMit 11 0k15Afkle O4ir O n I 1I7 tm 1551 II 11514 H Hwn t1 t1urn
Blt aI enale a Ofcl pt f 1 as an anSOB
wn t B 01 s tr t 1 1 2 Pt PtIll
SOB S Bi BtA o4l4 14 lllnln Mlalnt a1 3 i Ial 73t 1 1ata
ata al Brtalrtinn J 9teH > l 11 fl an anMT3 2 I IDII
MT3 DraaklTB DII Rap RA Ras T TIII1 f M in inBrooklm 1 1so
so Brooklm III1 l f r Ga4 < tw UT u tu tutan Ot4 Ot4lm
tan 1 11I Bnuswirk 1w1 C Ce ir 1 > = y i i iima ttM ID y yImSfIIhPpf
ima tM ImSfIIhPpf rnappr t Rap pI is < n t 13 13Ifln S S1m 3Hw
Ifln mittertrli 1 Ca Caam e eI 3ee i 3s t tSix
am I Caaadtaa la Pr P IJT I t ta tam tay S SrTT0 r = y
rTT0 m Crotrml Cftr Intkn Lrm e r M Oi J Jion I 1SmCefWaltthrpftn ItM
ion SmCefWaltthrpftn Cnnu lUthrrpf 1 111 pr to 111I to xs xsSa If IfZIMD
Sa > CHr n > a Ottl M M Ray MI MIl re J JIMOAI ttee
l IMOAI tee < n Cat t Aitmi AIs ail al silo n i II siJBM 0 0nlaoronaw p4 p43ra
JBM Ckl nlaoronaw a X NnrtwwttZr4 rUiwr tU tW > i UtH LlI HIS tll 14 7145tatANnthwpf3n
4 5tatANnthwpf3n Caf a > ofotnll wpf prns an JIll 5 5UTZCIGtwIww ma main 11IItr2
in UTZCIGtwIww cat o w anr Jot a IT T x11 an anss 114 I Iaa
ss aa Cal rt r w MW pf W aa > i a4 414 sate JULIMM II It Itc yU5
IMM nil MB a at p I4H I4Hana I 1514 I I arty I Int 4 4an
ana CIIMaStPptU ot M flt P pf pru 5 53M < U 154 U 13755 t t11II ty
3M Ckl I Tanalaal Tft1IIIAau Trmlaalim S J J Jtn
im au e Trtt TV lmpd pd I i 4 4vCaiCTatampd 11
vCaiCTatampd tn > CblLTpf 011 U T lire tmpd 04 S lilt S u m mon t tc ty tyr34
r34 on C C C a St L L BTH 4H a M OA OAIt1 1 1ttoa JII
ttoa CM PMI a lee Ira I 4 a a M4 4 304 S 114 j junCalPTu4atrpfil
unCalPTu4atrpfil JOlt Cet a Ir pt II ill II tu U U1JI b bTUColAHCat
TUColAHCat 1JI Cet 6 K C a I IH4 III U 12 I IH I
IMO 1 SN ° Cell t Soataara at t Mt aa 35714ClaPettpi iu iuTM
714ClaPettpi TM Cal So 141 Ulllf pf TBH 70 TB TB TBtana I
IWD CaD CGa 0 t 1a0 111I 111It t4nt 314
tana t Cora C Pad gory ITH 11 I sty jav javaoa It
aoa cvs Cru Carpal C c M u u a aia IIUI
ia IUI IMwsrKwltn DeIa DsIswne a 1h4ITS tn ITSH IM IMaaXMLacktragun t I
3a aaXMLacktragun Del Led t Uu sag CIatIInI MO MOnare N5screw
screw i Do snS nr t Ma Cr 44H 41 4114 a aJaIIJ 144
JaIIJ Dem a ItJeOrpt II 514 M < BB BO 43 t4aC lotSell
ell Jll1lJJ Jll1lJJAI on Z150
AI I1f rVitJItlIilllaL 1IIP1tiq f11tII
I Active VITSHS Slal SiMiActivt SiMiActivtExample ACtivs ACtivsEza
EzaEpele4s 1 Epele4s
Example Eza 1 1 Ne N 22 22n 5 5war
n i Hnr H la 1 roTl 1 1h M Me
war e tvi h bP ere r i now a afWtl nw a w bW bWl a aISin
l ISin tlB ofpert f I p fWtl fWtlIUr > tnr W We esreitel esreitell rr thPt thPtAttire
Attire IUr xi > t lIt > > il 4 ilrmlB tit ft m gflnr gflnrurn ttrl ttrlOf
urn l l1 vi x ii i fen ar r M anw 1O 1OM 1If 1Ifhlo1 Maid
hlo1 M cn n a4 t Anr nr of 14 I nI nIRecurri nose noseRecum nfii nfiiRecurriitff
Recurriitff Recumnow Oppertuakiea Oppertuakieau Op Opn
u no n now T r r itn a HH eltden nfl nflt U Un
den n I le 114 1 0 5135 S Sr tb TI TInnree
nnree r Mnd It Of a roll nIPtI4 nIPtI4eratn 1 1nt
eratn nt = n Ir Same m I5rtPna I5rtPnaar ln lnrr
ar rr 1 e are tn d It mltar Itar
tar ar are n 5e ft t on rndt 1tr U Iml Imln ImlC amie4
5 n I IF
t r jr S 5 5 < f fF f fF
F J Lisman < Co CoVetnb Cottm Cottemhert
Vetnb ttemhert ttm n V t Sfrck Exch Exchange ExchalteJO nce nceJO
JO Bm Brod d St New w York YorkB YorkPltltrlphia Yorkladtphia
Pltltrlphia ladtphia B Baltimore ttmori Hartford HartfordSMALL HartforllSMALL HardadSMALL
SMALL LOTS LOTSOF
OF STOCKS at a BONDS BONOSPnutnt
Pnutnt r fir i ein < tn or r ram rarttsl rriM ua Mtrtta arwu
4 foor r Sreiab I 14x1 c s w
Small Lot Lotr Trl TrlQ
Dar Q r l 111 ll M wr4t rk t IMI lets T I Ilnr si r fII9
lnr lasses r c to r ib fl tor well 54 < > 4 Urc trade
Our rrilltl r flt f far r priM p t eNrla Art ArtllMt se
14 llMt 1 Sr r corer r1 r < In 5111 m ll Nt < are arorv IIR
PPP PtaPONeoskerf rv PPPIsklrf rn rnKiRsksrfLytnliGt
KiRsksrfLytnliGt KiRsksrfLytnliGtlurk Isklrf LyoN Ca CaI CieMKMRr143
I MKMRr143 l 1U
1UEIIaa
> r lurk wteh t rb C Cw EIIaa EIIaaT10 Lteaaasdew
dew w Turk rate tmi Ktrkaji KtrkajiB It ItU Lrhaaw LrhaawEl
U n IA B f Hsrhang PIar PL X a aI akrelee V Vig YJerille
I Jerille J DlIZi Dsrzpg ig i c C CMembtM GMember I IMnnbn
Member N V Sock Exchange ExchangeAwura ExchangeA I IA
Awura A > f rrr nrCJ r1 trer r er remove from fromNO ro roNO root rootNO
NO 1 NASSAU STREET STREETto
to their rtrirviw miu If > oftes w r rkt rktAiirican Ii I Ii
II
i Aiirican Sinty SintyIOO Slrt Bull BniidiNK BniidiNKtoo 111 I
too ROADWAY BROADWAYHinryCliwstG ROADWAYI
I HinryCliwstGIt HinryCliwstG
B4or RANCIt >
It U ta AND n tT MtO OU BSO1pjTw n
MTWVIOM nlt > bl M T STOCK ItXCJIAorfii
atectaad teCKS t1K1It34 u4 son 1Ie boosti beG beaylaad asd aaid IOId
larmart r or Camrd on LHmal Tanaa T
Baaklas kIa8 arrvmni 1 rrctTfirl tubjwi ull ullrll able M
eat rll al t siFSt > lh 1 Intrmt I InuntaId j M Mtiatirfl en daily ttJu ttJuI a110ta
INFTWRNT t1Er1 RrTPG4
I LatTRRa T or rm rmror raFRarT
tiatirfl ror d A AIukbS allaal MM Warkl er1d Ovtr Orrr OrrrSiiipsiii9
Siiipsiii9 SiI R Ptirta Pur i C1Telephone C CKew Ct CtNt
Kew Nt Ten k SNk SNkTkphonc E1cH1c1 E1cH1c1T
Telephone T Ifphtft 111 A WAY WAYOI3t
4801 OI3t JJ4 Rector New Y4M4c Y4M4cZ4 YedcAlBerle Yee2cAmrleaa
AlBerle Z4 LItJM M A Traettoa TraettoaESCCtric TractleaA8er1caa TraeMswAla51eaa
A8er1caa 5as fEa a UeekleRdNver ESCCtric ESCCtricB
B RdNver v Vn r ae A Elcctrtc C CC c cEJalre CeEIRtre
C EJalre tre Matrtel 4 tet EXce edrle rI C CJL Ce CeAI CsAL
JL markvubl puWe puM fI < imttr rrunur rrunurWHfcKRS nJ1tawkkMis rurtuWitliMs
WHfcKRS McCMMti r IMMMM IMMMMr IMMMMAtcli ell eliilt eliilta
a 11 nal1 St I i r Ill Pbtia MIl lolia loliaII J045H
t
I
H f J1It1tf II I ISNTI
SNTI 5 5Atck SC
Atc CMV 4s 1 1111 W L LC LC LC I
C 0 Ctxv 4is 4 T53I W I IGUITISfcAMGER I ICUITIS ICURTIS
GUITISfcAMGER CURTIS SAIIEII SAIIEIIKk8
Kk8 Kk8III
N w III BMlse aucck CAMs StSk rte
4 S Wd II sew Y York J l
1 l lt jo c j y yII
II
a
LETTEIf If IIEltT IIEltTTIAVElEir lnlTf
f TIAVElEir TIAVE E M SEIUFUEIU INE IIEIII IIEIIIFHEII Ki KiFHEill
FHEill EXIIAJNK EXIIAJNK8AI1E EIIIAIIEIIIlE EXSMAEESAKE
8AI1E TIMMFEli TIMMFEliTNE TIAHfEllTIE
TIE FASIEIT FIIIIE LJW LJWTlliT a anlsr ITerST
TlliT IfffPAIT IfffPAITrl22 SIXFAITI1d2 n
rl22 W1UUH ITIEET
475 FIFTH Af AIERE AIEREIEIIIK ATEIHENEW EME EMENEW
NEW IEIIIK IEIIIK11111II TICK YIIKFirt TICKtest
11111II 11111IIFlit test es esFS
Flit t Wtfffc 4a 1dII A itmr itmrOHyRye Iner0IIr t S e R RCNy
OHyRye OHyRyeTilt 0IIr lyCL lyCLEUINMEIT f a aEIIIPIIEIT
EIIIPIIEIT Tilt T
5 5A 5Srf 5Sys
Sys Srf A CariHIcatoa CariHIcatoaMftW C r cMrls cMrlsw
w W 1M ail lie iKl4 MftW tin tlHPRICE IIflPRICe I IPRICE
PRICE OX A7PUCATIO A7PUCATIOCIRCrtJlR PPUC PPUCSJIrt APPUCATIDYShrt
SJIrt Ten IIIvt Ili v auCtRCttAR au tllklltsCIRCCLAR
CIRCrtJlR OV REQCT3T REQCT3TMACKAYCO RQ RQMACKAY t tMACKAY
MACKAYCO MACKAYCOBankers MACKAY CO COBankers CoBankers
Bankers Bankers5S
55 Wall Street New York YorkFOK YorkFOIl YakFOIL
FOIl SALElit SALE
15e trap ataf P
Ln i tLrrn tLrrnIs i iIrt
lit a4tes r nwlc rkkltIe KI t
1 Ie Iraawaea rlo 151 151Ian H Hf
10 f Pae < i4 4 i a Elm 11 root roottmi GI GII
I 2 westew > < tmi t Pwe P CAM CAMmn c
i mn fair hnl It I Pfd Pfdf
154 I f t H Ware rM Itosr rMu
sr u t H Ntan t tan rv fan Cewxa
3 3WANTED 21 Sellaal 1 1WANTED Peel Ga GaWANTED
WANTED WANTED3n
3n Inn livuuinato fvwwr aID t Else Arm ArmI < v > a auia ILI
I 4Aa > < uia t St ti > r Pacer < n > r A Fir Flee Ptd Ptdl PidIce
l Ice Pee1S r rl r Ga < i4 < It Pier Pfd PftfSo PfdS PMIn
So S Hm HmE 4e fhrle fhrletan Iwf IwfI
tan I Mlaaart I I a eau on r Peewr BeMa BeMaE retchE
E ft C RANOILPN RANOILPNt IAN DLPN
t f Mehprn 4fp hTf < Nrtr tI lnrk m1 r yitrf Ticluar fsrUloI
1 III 1 1 nra flnadwv 4 < t < T > e < v Tnrk TnrkIPfN TerIPfr 11 11IPEN
IPfN lUXXEr SECIMTltS SECIII iS KPMTMQIf KPMTMQIfIl4rir IEPIlT IEPIlTIfn
Il4rir H He n I Mfr T r StKUl nanas RondaOea fon4LOu
nanasof
Ou r m ti e154 mO1l 154 n fuser rrtne rtua of ofT IfI etcur
cur < I nfel 0 tta5 reads 41 a4 1 III IIIB Mtlr MtlrtsK
B NK f T TRtSTCO TRtSTCOI RLSTCO RLSTCOf
I f X Ks K > B STOCKS STOCKStafd STOCKSI STOCKSWarded
Warded mod 1Id fur r SAlt SleDsviJ SAlthvaJ
I I
DsviJ CaiT Cam a I Ct CtNew
lew sc New tort orn or Sto sod tf tareut 1IcBaa But
I ae nwa1acv sew E 1eaK cta
AtchTopekaSifltaFi AtchTopekaSifltaFiConv Atch Topeka eta Fe FeCDfty FeCony
Conv 4s 1960 1960Gilman 1910Gilman 19OGilman
Gilman do Oucas OucasJfl
Jfl rtae PI Str Se t N Y City CityFor ClI7r CttyPer
For r Sale SaleNational SaleNatioaI Salle SalleNaticeal
National Park Bank BankCKAS KI RlghM i iCHAS I
CHAS H CAMUTHERS ft CO COT COCarpenter Ca1 Ca1nrlfk C01Natlml
Natlml nrlfk rip l1ak fII m4a N T 1Carpenter TCarpenter
Carpenter Baggot Ca Haggol17tl ggot
1731 17tl William PLI St A On CoVmb Coa CoaMember
i > 01 l > n ruMni W 4 < WUa WUaMrmbm
Member Vmb N w lorn 1o amen > uxr c Cotta r Cue aa4 aidether
ether t 11 r Pirnutw s layers 3Ux sd nd Dvol bN gPS tw
Invntmrm 1DIIrt or eMwt r rrlcil m on martinPsshaat martin mrrtnrMM
Psshaat rMM lTanU 1 C fa Gig 14 314 I T Trun taws t ICIS
run RAIL I WH W it 0a 4 4sr > i 12 4a 4aUtk
reldwt Ic It waerS i 45Apr1l aA 1 lea learr I
Utk c b IM r It Ulcll II w 4 4Mr 1Ie1ft 12 12tat
i xt t
rr tat Mr N A 19rt n rtoOCtrk Ttr r RvfwM Rr rllM rllMPeaIIItIIeII S1id4d S1id4dPelaRtml a aC
PeaIIItIIeII C CeDed licct a Co CoSSi CoaNnl CoNaba
Naba aNnl M Y a Pan SSi Mk 1OC1e Lsmtsea + a
t 115 aaeaaxAT oUtWAI S
nu11O TLL PHOXL Cantuitt CantuittIN t tttM 1144 1144M
IN M 1Nl1d aMMMTM i i1Nl1d laU3M ttM YfMv TnltIII t W Wi WPRICES k kNI
III IIHL I y
e i reed La LaRiA4 LnIIY LnIIYPNca RiA4 RiA4PMCt3
PRICES OX APPUCATIOX APPUCATIOXEHRICH0 PPUC4TJOEHRiCH APPWCATIONlEHRICH
EHRICH0 CO GOa
wMn a f x New w T 111 111In rk Sleek ekaa5
In 7 EXCRXXGB Gt PLAC8 PLAC8U PLICIIaal PL1CaNttare
Nttare U ra rail Pmrar Paw Stark
r rH S Wacar r fart a aal t r74
I eta rtoft H Fields St r rtal wskw wskwSari
Sari tal Salt al III IIII k Ha HaS swat
I S S H P PELL A CO COMrmbm coWm COMembers
Members Wm X New Yark Stock StockTH EarlWlcw
T1esIT In 1nntMd aA4 nature lnrf3M rIS
I TH t art A OT T t rUnorrr 43 r rtrhaaf uti trade f PL FLIStl V VSti sISta
Sti Jiri Ir Cirliei Sieirities SieiritiesDMV Sec 1tIes 1tIesDeeR
DeeR I le
I WN11AMSON SQUIRE
l4mba v N5w T Twit 9 0rnt E LSeaage
2 31 BROAD 48 n T Pars II re a 575i RP + at atl52 to
1852 52 1910 1910Jas I 1910Jas IO IO1Jas1L
1Jas1L Jas B Colgate ft Co Coe3e CoL Cowan
3e wan St St N New v vlie Ycrk YcrkMe
lie italTreeElaleal italTreeElalealt ulca ulcaIN
IN ly Y steep b bI ExJ
I L N Nlwbrg hr 1 C Ire IrtU Ir IreMsmbar
U UftlttNn Msmbar nbr > r Tort ork orkH S Paat Euau tpehtf5 tpehtf5u
u liaed serest file EuauYetlr YcrkaE Yetlr
Sleeks aE A1Wiw A1WiwstfFAafl i iDStnItM
DStnItM DStnItMHMBYUJSBYI stfFAafl stfFAaflH
H MBYLJLESBY Ca CaENGINEERS CoENGINEERS CaENGINEERS
ENGINEERS ENGINEERSEXAMINATIONS ENGINEERSEXAMINATIONS ENGINEERSEXAMINATIONS
EXAMINATIONS dL REPORTS
218 21 LA 3ALLEST SAUlt ST O OOCACO OOCACOUftbaMa cIfICCOCIIIo CAG0 CAG0ekdaa0as
UftbaMa CIIIo Okla tt IkMO lts ale Csri Csrif fIIIIj Mlea o1
f
j Y r
r

xml | txt