The sun. [volume] (New York [N.Y.]) 1833-1916, February 27, 1912, Image 12

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The sun. [volume], February 27, 1912, Page 12, Image 12
About The sun. [volume] (New York [N.Y.]) 1833-1916

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The sun. [volume] (New York [N.Y.]), 27 Feb. 1912. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030272/1912-02-27/ed-1/seq-12/>

Newspaper Page Text

12
THE SUN, TUESDAY, FEBRUARY . 27, 1912.
American
-Telephone & Telegraph Go,
" Collateral Trust 4, 1929
jCAnNINGS TIMES INTEREST , CHAnOKS
' Yielding at' Market Prices
! 4.75 on Investment
Descriptive Circular on Application.
KIDDER, PEABODY & GO.
lis nF.io.isiuitr. sr., tin wall nt.,
nosro.v. new yoiik.
embers of New York and lloston Stock Ex
changes.
Correspondents of
BARING BROTHERS CO., LTD.
LONDON.
N. Y. Central & Hudson
, River R. R. Co.
FIRST MORTGAGE
34
BONDS
FINANCIAL NEWS
AND COMMENT
Prices. Hold With Firmness Against
Unfavorable News of
tho. Day. Jg
SOME SELLING BY LONDON
Money a Ltltlo More Closely Held In
creased Activity In the Copper
Trade.
Price and Particulars Upon Application.
AeBXeach&Co.
149 BROADWAY. NEW YORK
Harris, Forbes & Go
Free inr. ts
N. W. Harris & Co
New York
Most Street, Cor. William
NSW YORK
Goveronosnt
Municipal
Railroad and
Public Utility
Binas
fir
(nvetfniit
Standard Oil
ISSUES
Stock and Scrip Dealt In.
Entire allotments purchased.
Calculations made and Quotations
furnished upon application. .
We qaote !l Sit.ndi.rd Oil Subsidiaries
for Virions Nea York Djtih Pipers.
Gilbert Ellott & Co.
Specialists
34PineSt..N.Y. Tel. John 8f3B
WE DEAL IN
All Standard Oil Stocks
and Subsidiaries.
Te have information of especial
value to investors regarding one of
the best of the Standard Oil Stocks.
Can be purchased noy to net the
investor 10. Prospect of 100 in
crease on investment.
Particulars on application.
PEABODY & COMPANY
42 Broadway, New York City
Chicago Memphis & Gulf Ss
Cuban Telephone Stock
Hudson River Elec. Power 5s
Int'l Gt. North'n Corp. Com.
ShandlerBros.&;'6q
MEMBERS NEW YORK STOCK EXCHANGE
in nmadway. n. i . 'Phone 8450 Kector
WANTED
International Nlci.,, i ommon Stock
Metropolitan Iru.l 4o. Slock
Guaranty Tru.t . Stock
FOR SALE
IlnPont Powder Common Slock
llankcrs Tru.t Co. Stock
Kai.au Tru.t Co. Stock
S. H. P. PELL & CO.
Member" New York Stock Hxrhanrc.
Dealers In Unlisted anil Inactive Securities.
Tel. ;s13-fl-7--(l Hanover. 37 Wall 8t., N. V,
The news yesterday before the open
Ins of llio Stock Hxchanne and durlntr
business hours wns for the most part
unfavorable to the stock market. It
was not unfavorable from the point of
view of the Investor, but It certainly
was nccordlnR to the stnnilnrtls usually
adopted by professional market oper
ators. The situation of affairs In Mexico
wore a moro troubled look. Homo sort
of a "money trust" Investigation by
Congress seems now to be certain, even
If this Is conservatively conducted. The
threatened coal strike In Great Hrltaln
was the overshadowing financial factor
abroad and was responsible for a dis
tinctly heavy undertone In the market
In London and for considerable sales
here for London account. The Roose
velt firebrand was waved In lively fash
ion, and during the day there wero par
ticularly sharp declines In the Republic
Iron and Steel and Central Leather pre
ferred stocks. Talk of the possibility of
n coal strike In Knglnnil dtew atten
tion to the demands made by the miners
In our own nnthrnclto section: and
there was more or less comment record
ing the surprising and wholly unex
plained decrease In reserves shown In
last Saturday's bank statement.
Nevertheless, In spite of this, prices of
stocks here did not decline except In a
brief nnd sluggish way, which really
emphasized the strong undertone of the
market. In the first hour of business
there was n. fair semblance of market
activity and there wero dealings In over
100,000 shares of stock. After this busi
ness fell off perpendicularly and the
volume of trading In the remaining four
hours was hardly moro than It was In
the first. At the close quotations were
fractionally under those of Saturday;
but It was clear that professional oper
ators were In no way anxious to make
commitments for the decline and that
no "fresh stock" was being brought Into
the market. Because of thin an obser
vation generally passed concerning the
market was that It appeared to Indicate
a state of reasonably thorough specula
tive liquidation. Of course It could not
be said that nil the news was bad. As
to the announcement of Mr. Roosevelt's
candidacy for the Presidency nnd the
new "charter democracy" that he has
outlined as the basis of his campaign,
the opinion In the financial district was,
without the slightest dissent, that Mr.
Roosevelt had become nn Impossible
candidate. There were encouraging re
ports regarding a picking up In the
copper trade. It was stated that over
25,000.000 pounds of copper had been
sold In the past week at 11 cents ,a
pound, or at prices but little below this
figure. Yesterday there wero rumors
that calcs had been made at n price
even higher; and the action of tho Cal
umet and Hccla directors In raising
ihelr quartorly dividend to ,8 from (6.
the amount last paid, was In Itself a
definite enough Indication of trade Im
provement. Another heavy snowfall
I over portions of the Middle West In the
; last twenty-four hours was manifestly
i helpful to the crops. It also seemed to
I be tho case that apprchenblon In I.on
Jdon as to tho coal strike was qualified
by a strong undercurrent of confidence
that In mme way a strike would be
avoided.
Money yesterday appeared to be a
little more closely held, nlthough there
wnn no quotable change of importance
In rates. Reports of inilroad earnings
made a varied but In no way discour
aging showing. With one or two excep
tions large Increases were shown In
operations for tho third week of the
present month and the January exhlb
Us attested a salutary compression of
operating expenses. After tho close of
business It was announced that the
ilrectors of tho Republic Iron and Et.el
Company at a meeting held for the pur
pose of acting on the dividend on their
preferred stock had deferred action,
which will bo generally construed as
meaning that any dividend on the pre-
rred shares la postponed for an Indefi
nite period. Tne muiter In probably one
that has been entirely discounted In
prices.
Megargel & Co.
BONDS
S Nassan St.
New York
Carefully Selected Bonds
For Investment
LEE, HIGGIN80N ft GO,
ton Ntw York Chicago
Knautb, Nachod & Kuhne
BANKERS
IB William St., I.elpxlg,
Nert York. I.eruiany,
High Grade Bonds
IS. W. Straus &, Co. Inc., Chicago I
STAND FOR I
, SAFE INVESTMENTS !
J Without tl, ln. nf a ilo'hr of prlo-
I rlpal nr lolerc.f m hit ill.nl In 111.
.at Itiirtv )ear 1. i.ur rernrtl. I
I n-ir rlu-nlar runtaln. n m'lirte.l II. I I
I il HI Morlc.ip'. and . Mnrliaie I
I llonil. fielding !-,.. .ertlreil lit ll-.l I
J P.ataie raluM t TWirK ie amount 1
loanril,
? Unttei an rroiinf, Jj
M. Mors;enthait Jr. Co.
1 RW Yonit AGENT I
19 Liberty SI.. N y. Tel. CcrtUnlt 22JT P
aBaBBee
Closing Prices of United States Bonds,
fll. AltH.
rer... 100l 100,
Is coup.. iuu!i lut
I. mm I 11 -J.- I 11,?
......
Is coup. IftU
ircf.. .1 Jii!( 113Jt
ma. ah, a
i an it rlOOit
I'an:u10U
fan lirlulu Inn
ranis eloi?, 101H
PUBLIp UTILITIES SECURITIES,
American Llchl A Traction
American I.ljni a 't raction pf,,
American (aa it Klectrlc
American (la. it Lleclrlj pf
American Power & Light
American Power Llrhi nf
Cities service
Cities service pf
Denver lias et r.iecinc gen it.,..
Kmplre District Klectrlc 5.
Kmplre DUtrlct Klectrlc pf
l-ederal l.Ijht & Traction
Federal l.lfht a Traction pf
federal Utilities
Federal Utilities pf
tjastt j.ieciriu ,
uaa It Klectrlc pf
Lincoln (ias it Klectrlc
pacinc (ias at r.iecinc
Pacific Uaa a; i:ia:trtc pf
Republic lly tt i.irht Go
Kepunllc lly it l.lrhl Co pf
Nlandard tias It Klectrlc
Standard Uaa A Klectrlc pf
Trl-Cltv lly at Llint
Tri-city iiy & utni pi
Western Power
Western Power pf
Ti dlvlde.L
nu. aim.
..zvi sou
..10ft KM
.. 74
47
7
4t KC'j
M"j lit
l!t
Wt'i
.... Rll
.... Wi
at
4U
kl
41
.... U
.... 75
....KM
....
.... S4
71 M
4U
Ml
101
Wl
n7!l W!1
.... Bt
Si
2i
.i 42
At
44
.. 4' US
.. 2
nt
60
SHORT TERM NOTES.
.Vnme. r.f.
Amal Cip Co.. ,11
Ann Arti IlltC'o .&
Halt c Ohio. , ii
I If 111 Steel Corp..
Chcs&Olllt.. . . 4'j
CM Kiev Hi a.. ..1
Chi ft Alton.. .,11
Cln Ham it I ',. 4
I) I'll r,iilpl .,tj
i,rn w v j, i KAt..
i;rle UK.
i:rlc Hit
(ten Mniora 4i.
(en llulilier C
lluilaon Cos.
Int A (it Ni,r
Int llnrwvcr
l.ncl. Steel Cu.
Minn A. St I.
Mil Kail A Te,
mii t'ai ny uo.
,S VC III! ...
W C llne..e(ii,ta A
NVO llne.etipi p,
5t I, A ,S I- :,
St I. A S I' .
Soiithrrn lly
Tidewater On
PrU't A Int, Apr.
Unlurlti. Ulit. Aiketl. lA'UI.
April, loll iikk; tot a.tf
HMi DM'
too;! itiwl
tin'. iui2
mi. tm.'i
.May.
June,
.Nov.,
June,
J my.
191.1
11)1.1
1UI4
I'.llt
11)11
II
n
. H
1''
.1
.1
.1
.1
5
l'n lipe titer,.
WfllnhQUe.,,,a
Mih.is, Kil.l
Jiity, ti:i
July. 11)12
April, 11)14
April B. lull
Oct., IUI4
del.. l'JI.1
July, l'll.
I'eli., 1012
Auk., mil
I'd) l. I'.ll.t
Mar., I'M
Pel)., 1012
May. Hil.'l
June, lull
Mih., Pill
Nov ISI2-2J
.Inn. .Iiil.l .'1
Mi ll , Itll
June. Iiil.l
leti, mil
J'tne. litt.l
Jan. IS, 1013
Au(., ItU
IIP,
I'll
loo'
icuii
inn
HI
im
tni;
UP
llM'l
UP
U.1
Vi'i
M
Ml;
4 40
4 in
tut
no i,
ti
Pill)
n;
Ml
tlOTi
tlm
1IU
101
101 (
pot;
lJ
IW
inn
UO
I'll!
I'.Mj
tin
Kim,
4 20
4.1.1
li, i,
!.
I'll
1011,
11.11,
1UI
n m
4 20
.1.21
4A1
.1 40
.12.1
4 00
4 29
6 4.1
.1 00
4.1M
it. in
.1 id
nun
.1.MI
4 Ml
II nn
II on
i. hi
(I..UI
4 211
4 an
n20
4 ll
4 10
IU
4.10
1
90
02
en?
,l"ll
Mi',
40
70f
104
im
2M
my,
U2';i
25(1
Inn
111154" t2K
Si H.1 I
30U 31U
aski Mi
lllSJi'IOl
ll3!$llH
IXlVjI3(l
ioi;.iioi
lint? tin
228, 22ny,
53
oik
80,
nr.
21)
10.1,'
47Ji
7llU
103!
107,
27
110
142
24H
103
17! i
81
7I
I4l',
144
25L'
1MJ
111
4,K
30 V,
ryij
37
NEW YORK STOCK EXCHANGE PRICES.
Railroad and Other Shares.
Monday, Kibbcart M. 1017.
loKna
Bid. Atltd.
Silt:
20!',
17'
7I'
142
IW'i'
Ms;,
2S?
1M?
if;
42
n
losu.iin
lf.tj 1.10;;
30 32X1
74KI 7S
12U 2i
Ml 37'
iniJ lnflV.
."
17
2
17(1
ion
157',
171
64!
1.;.
23
105
108K
ir.7i.?
IWl 111
lofl'i3 110
i3i;',iJ2
83
7n;i
23J,
r.t
54
109
32!,'
SI
liojr
37 i
im(
ta4
-oy,
ZV.i
33
537;
107
10
50
linS
39f
nn'j
116!iill7
31" ', 32'.')
47 I 47KI
122;122f
10flkin7V
"III W4
101 I03'
29M 30k
10fl 109
17 1 17'
Wi IflV
163 J153W)
22I 22?
4V 40V
153KI154M!
381 39
107107
27'.',
73
02
42'J
3
I2.V
32
110
1A4
03',;
if
an
:,9'.
no
119'
7
73V
04K
4215
4
13
32f
111
1R4V
91
52
59V
121
IK4 WC
Vt 7V
?nv 2nV
Ift'-i1 10'.'
luO'Allls-Chalmers
1060 Am Beet Sugar
100 Am Root Hugar pf
12500 Amal Copper
300 Am Can pf
100 Am Car A P
100 Am Car A V pf
700 Am llidd A Leather pf....
400 Am locomotive
250 Am Locomotive pf
200 Am Malt pr
1KOO Am .Smelting
too Am .Smelling pr
loo Am Snuff nf.
100 Am Steel Foundries
200 Am HiiKar
000 Am Telephone Tel
000 Am Tobacco
10 Am Tob pr
348 Am Toll pr new
2ixi Am Woolen pf
300 Am Writing Paper pf
1100 Anaconda
1100 A toll Top A H Pe
500 Atch Top A S Fo pf
300 At CoaHt MtiK
looo Halt A Ohio
000 Bethlehem Steel
700 Brooklyn Itnold Tran
40 Brooklyn Union Gas
2400 Canadian Pacific
4300 Con Leather
4200 Ccn Iicathor pr
850 Chesapeake A Ohio
100 Chicago A Northwest
4500 Ch Mil A 8t Paul
100 Ch Mil St Paul pf
500 Chino Copper
100 Consolidated Gas
100 Corn Products
loo Denver A Tllo Grande pf. ..
100 Distiller Securities
100 r.rlo
300 Erlo 1st nf
lnqirV!ernlM.t.Spr
olVotirth Nnt Hank
23, Oen Chem Co pf
910; General P.lectrlo Co
300neneral Motor
40O,Oeneral Motor pf
200,Oo!dfleld Mln
750 Great Nor pf
loon,r.reat Nor Ore cfs
too Jlorvoster
100 Int Pnner pf
lno.Intor-Met
200 Kan Oitv Southern
lon.Llsgrtt'A Myers
300 Llsirett Myers pf
1400 Lehtah Valley
200 Fjrlllnrd
innijorlllard pf
120'lxjuisvllle A Nashville
r.'Mecli A Met Bank
loo.Mackay Cos
loojMackay Cos pr
300iMarine nf
3O0M!aml Copper
10 Mln A St Louis pf
100 Missouri Paciflo
200 Nat Lead
300 Nat )ad nf
100 Nat R It of Mx 2d pf
450 Now Cen Coal
300 N V Air Brake
1800 New York Central
100 N Y Ont A W
2800 Norfolk A Western
1150 North American Co
400 Northern Pacific
200 Pacific Mall
100 Pao TAT ;
1722 Penn n n
Soon Pitts C C t St L
50 Pitts Coal
100 Pittsburg Steel pr
ion Pressed Steel Car
100 Pressed St!! Car pf
300 Publln Service
4284 Hay Con Copper
3R0O Republic Steel
0010 Republic Steel pr
41100 Reading
too Readme 2d pr
v 300 Rock Island
AOORock Island pf
150O,8ears Roebuck
ino,St L A San Fran 2d pf...
15008outhern Pacific
1B00 Southern Railway Co
700 Southern Rallwav Co pf.,
300 Texas Co
1700 Third Ave RRwl
100 Tol RailwRjn
200 Tol St Ii TVstern
ion Tol St L Western pf....
310 Underwood pf
10200 Union Pacific
500 Union Paciflo pf
fn Un Rr Inv pf
50 U R Cast. Iron Pipe pf....
4SI0OIT R Rteel
500 tj S Stiel pr
3225 Utah Conner
200 Vn-Carolina Chem pf
200 Wabash nf
200 Western Union Tel
boo. Wheeling A Lako F.rie ...
700 Wheeling ti F. 1st pr... .
7.VrlWheelint A Ii F, 2d nf....
RAILROAD AND OTHER BONDS.
Open-1 illcVI Lots- I .Vrf
inf. I f. I fit. I Vati. I Chanit,
y, u y, -
C3V 53! 63 63 V
mi 09j, mi my, y,
ay, ty, us?; my, y,
my, my, nii oiv ii
507, so?; 5oj; 4- V,
116H ii5 u:,y, my, H,
20i 20; 211 20 v
32,' 32f 32 32 A
my, lot;.' 104 1114
48 48 48 48 V,
71 71 70S 70V y,
ltV 103V 103V 103V Vi
107V 107 V 107' 107 V
27M 27 J 27, 27 - M
uov uov no;; my, y,
142 142V 142 142V A
252 252 218 248 7
103 V 103V 103V 103V
101 V 102 V 101 V 102J.' V,
88V 8V 7V
31 31 31 31 V
33V SV 35 V 35V - lA
103, 104 ' 1II3V 1II3V y,
103.V1 ios; io35 talA lA
135)4, 135V 135.' ISSJi ',
ioiX, ioij ioi, it)iv V
28 1 20 28 29 1
7B 78 77 V 78
130V 13V 130V I-IOV
228k 220V 22S, 2285, IV
18V 18V 17 17V V
83V 80,V 81 3V
71', 71 71V 71V - V
141V 141V 141V 141V V
105V 105V 10S 105V 4 H
145 145 145 14&
25' 25V 2SV 25V V
130V 130V 130V 130V V
ioV ioV io, I0V V
41V 41V 41V 41V
20V 20V 20k 20V M
30V 30V 30 SOV V
rVrV 60V 50' 50V V
30V 30,V 30V 30V 5V
203 705 205 705
100 100 109 109 ....
158V 10 15SV 159V U
30 30 30 30 v 2V
74J 75 74 V 74 V
4V W
120 120 129 120V V
37 37 38 V 37
105; 10SV 105V 105V y,
64?J 84V 64V 54V V
i7v mi i7, i7v y,
25V 25V 25V 25V V
170 170 170 170 6
108 V 108VJ 108 V 108 V
1S7V 157V 157 157, ii
170 170 170 170 3
100V 109V 100V 109V H
131V 11V 151V 151V V
282 202 282 202
83 83 83 83 ....
70V 70V 70 V 70 V
20V 20 V 18V 10 V IV
24 24 2SV 2SV y,
42 42 42 42 ....
30 30 30 39 U
54 54 54 54 A
107 108 107 108
81V S1V S1V 31V - IV
io iov io iov V
50 v 50 50 3V
noV uoK uov uov - y,
37 37 37 37
UOV llov noV no, -f v
77V 77V 77V 77 V
iiflV uov noV nev V
3I.V 31V 31V 31V U
47 47 47 47 V
122.V 122V 122V 122V V
105V 107V 10SV 107V IV
18V 18 V I9-V 18 V ....
loiV 101V loiV Wl V
20V 20 2V 20J - H
08 08 08 OH
107V 107 V 107V 107 V
17V "V 17 V
18V lev 15V 18V ii
68V 88V 85V 87 IV
1MV 1SSH 1SJH 153V V
98V MV B8V 08V 1
23 V 22J 22 V 22 V - 'A
40 40 40 40
150V l&SH 150V 154V 8
30 80 30 SO V
107V 107V 107V 107V H
27V 27V 27V 27V V
7SV 73V 78 7V V
04 V MV WV 03 V IV
41V 1V 42V V
3V H 3V 3 4- V
is isk isv - V
82V V W 32V - i
112 112 111 111 IV
183V H4V 103V 184V V
02V 08V 03V 0V H
81V 81 V 81 V 81 V
50V 50V 60V 50V
50V 50V 59V S0V ii
108V 108 V 108 1.V
58V 58V 50 58 V
120 120 170 120 V
17V ISV 17V 18V V
84V 84V "V 84V V
- 7V 7V V
21 21 20V 20V V
my iov iov my y
Total sales to-day, 207,430 shares.
BID AND ASKED PRICES.
Closing- prices of stooks in which thsrs wr. no traasaetloni y.st.rdaT:
Aitsm Hap.m 2rt)
Alh&Sua. 2M' -'liter
A w.. t;a -
AllLChalpf. M
AmAerCh. sa'
AmArrChpf 10214
Am nr Sro.
Amllr.Sh pf..lV
Am Can. Il'
Am Coal . 7.1
Am Cot Oil. 4
AmCotOIInf !.'
Am Knnrea2l2
Am I Pile 4 1.. 3
Am tee Sec.. 3
AmUnrxi.. Wi
AmIJnOllpf. 20Ja
Am Malt. 7j
AmSAHnin M1
Am SntifT.. 131
AmSpfnew. ion
AmSuitU pf.lM
AmTel AC 70
AmTobpfcfsl04
AmWool Co. i
Ann Arbor.. 31
AnnArborpf (10
Aet II Co. 103
Anso Oil. .
llaldlxx-opf.ioj
nail A Opr.. A
llatoplla..... HI
Heth.Sleelpf. 7
llriins1fkT. '
tluf II P.. 102
Hut ItAiP pf. 131
IllltterlCkCo. Mi
CanPac rcu.221
Can South... MM
CnHnofN.I..V)
CenASATel.,131
Chi it Alton. 17
Chl&Altonpf 91
Chi AH lllpf.,10
ChKit Weal.. 17!j
ChKitWeslpf SI
Chi I A I. pf. W)
Chl.stP40m.117
cstP&o pf.jai
Chi I'nTrata i
Cl.'nTrpf.la. 4
CCV. & st I, .12
CCCASI I. pf 8,1
('lev A 11IIOM
ClAlltSnl 01' i
Col P 4 Iron 21
-atj'
.ii
im'
m4
'l
I
40'
217 ,
't
20'
IOV.
K7 I
130
102
tld'j
m
m
3i
Ml
107'
40
p
10.1
1,10
S,4'
2a
71
371)
122
20
Ml
IV)
la
asi 4
en
li
160
2!
.1
.17
ton
Col P A tr of
col A souin.
Col A So 1 pf 7.1
Col A so 2 pf 01
Bill. Attn.
i
77
70
Com Pro pf. 7'4 77!
CreiCarnet. 70
Cuh Am Sur
Cub Am S nf 94fi
Tiel A Ititd.lW
Dell. AW S40i
IV. M A Kit) a
D XI A P I)pf 2J
Men A lllo (3 21
Del ft MacU.Ill
Tet A XI pf..KVI
Del Cnlled . U
Dill S S A A. a
nnlSSA4.pt ta
1)11 1 POW pf B0f
r.rlo 2.1 rf - 40J
Kv A T It pf
Fed MAS. It
fieo W It COIN)
Ceo W II pftos
Oen Ch Co. ISO
(Sold A SlW .US'4
(IranbyCon.
Havana . . 110
Itaiana pf .111
HomeatkM. M
llorklnc Vail 20
Illinois Cra ,ID4,
111 Cen I.X... 92H
Inter-Mel pf M4
in M pf ext. B4
Ini liar pf Wl
Inl Paper, 10'i
Int Pump . 27'
Int Pump pf so
lnrer-Hand.lon
Inrer-ltpf., T
Iowa Cent... Il'l
Iowa On pf 21
KCFS4M tif 7
KC South pf 2
Ken A I) M. 7
K A t M pf 40
I.iclede GitmH
lrk Steel . 2S'
I jke F. it W 12
1. r. A W pf. S2
I xing lal. . . 44
Mahon'ffC 700
ManKI.. Wi
Xlay I) Sirs.. 71
May D.spf..ll4
71
41
170
Ml
22
I?'1
Rl
4Hi
101
15
170
114
1S7
en
127
f.7
M
120
13
29
A2
64
9
.10
107
SO
u'4
.14
.VI
toon
JSO'ii
72
112
Bid. Atttit.
Mere Mar... 4 4i
Mich Can... 150 1B0
Mln A St 1... 3 234
MRPASSM.. 1321,13411
MSPSSMn(14S 130
MMPAS -S M
I.t M
Mo Kan A T. i
Mo K ATPf. SO
Naiti CASI..1S1
Nat niscult..143
NatBl.e nf..l20'4
XatHAS . 13
X K.Hor... M
NOMAChl pf SO
NOhlolP.. S7
NRnfUl pf.. S1
N VChlASl.. S4
N V C A S 1.
inf. .. .. 07!
N V C A S I.
2nf M
N V Dock . 20
N Y Pork pf 40
NVNH&II. ,IM
Nnrf South.. 4t
Norf A W nf. en
OntSIIrM . l'i
Pabstpf.. . I0A
Par Coast... as
PacC 1st pf. 1
PacC 2d nf.. BO
Pai-TATnf oau inn
People, (las. IO.!'! 10d
reona or.,, ii
Pere Marq.
Pere SI 2 pf..
PCCASI. pt 114
Phelps I).. 201
Phil Coal..
PlttaCpf. .. 1'
PPIWAO.... 1M14
PlttiY A..100V.
Pullman Co. taa'i
Quicksilver. S
Oulekpf S'i
iy oi .tit
lly St p 1
II n Seru
nearllnr Inf. AO
Itena A Sr,.IM
It W A O. . 122
St I. A S V 2.1
SII.ASI' I pf. ti
3tt.ASI'CI'.
I rtts. . IM
pr.. 27li
P..102U
ur. . Ml
M
27
S4
173
1M!
12S
13,
91
71
SI
37
110
a.714
82
l'
110
tt'i
10.1
101
It
so
33
lit
109
ISM
S'.
4
2314
pn
alii
92
27
7
1511
Did.
ati.atsr u r.
I nf rt, .109
Stl.ASF c t;
I new. . ,111(
SI I. A So W. .114
StI.ASnW pf 70
Se.rs-noenf 121
Sloat ShrrTd n
Skt.vShf pf. DO
So P n Siicr. 31
SoPnSllr pf.07l-i
So lly M A O an
stand Mlllr. It'j
Stand Mir pf 5.1
Tenn Copoer St'
Trias A Pan ii
Tex Par I.T. ao
Third Ay f p.1 5.1
Tol Pro ft IV 1R
TwIndlvnT 1014
TwInCHTpf HO
Underwood 103',
tfnlonnAPap 3
I.'nnAPappf 49
ITCIrMfpf loi
full Hv Inv. S4M
llnliPRooda sal,
Vn DOda pf 103!
USCsllrPIpe 14
IISIndAlcoh 27
CSIndAI pr.. 04
tISKipress. 02
USItltAlmp. 67)
tlsnrdARcf. I
IISHedAlt pf
tt Itubbrr. 41'
U ft Hbr 1 pt.tooij
ltsnbr2pf. 73
Vandalla U.
Va-CarChm rs' 4
ValrUACk 13
Va I. A P. . . 45
A'a I, A P pf.
Vulcan 2S'
Vulcan pf 7lt
Wabash . a'4
W-ParsoKx.lu
W Maryland 57
"IVrallnfhsr. 72
IVesth. 1 pf 117
Wrym Brut, 170
W rutpf..109
Vlli Central. 4t
Ki dividend.
AtktU
123
AO
.11
71
123
ins
lo'4
M
115
an
17
1
39',
22'j
W)
SI
ina
141
10!4
A
.1.1
m
si!4
97
I04!(
1.1
30
9.1
in
..M
12
4J'
110
7.1
51
mi
53
47
Ml i
27
1
7
147
ry
73
no'4
IM
114
32
Alh a. ,Cian la
10090 0SU
AlM.-onai i ii
2000 88
Anier Are .'V
ooo. 1 oaftg
Am Cut till M
.1000 Dftlj
5000 UAI4
Amer Ireeeb I,
1000 7H
AntT it 'I' ev 4a
5000... 1 I 1 14
25doav.ru I 1 loo
AmT AT HI
in coo 1? 1
15001) U I Is
Am Tiigirnt
400n,1 Stln
171410,,, 1 aoia
rr.it Co ef
1000... 1 aoa
m Tolisern 4,
2200O II .11 a
AmWrllln-Pi.s
IOOO ROli
Arrenlltten5s
.1PM ACnetf.
1000 07
Armour IU
2000 03
AtehTAsrrv.l.
5000... 1 OH
AlrhTA-'t'ce 4.
3"0"...tOI)
ATtHPin Ii
I40OO HUII41
500 11 11 1 o
AT ASP. Ml 1.4.
13WM tnt
ATA SK adl ld
3000 1)2
AllCoislI.ln.4
4000
1000 ...,P0I
All! Mne rll II
2no na
700O U4.14
Rait AO ntit
6000 0 87.
Ball AO P 1, I!
A W Va 4
laooo n is4
aooo h 1 s
Halt AOhloSU.
4000 0 37.
BaltAOSW 34s
4000 Wit.
eta strel ex la
3000 0 4
II T I V 4.
19000 nas.
Han lln'onP.t I.t
7000... I oata
1000... 1 oaoi
Pen iu "n M
1O0C..1 OOS4
' en Leather 5
lAnnn ,.,,H4U
10A00 041s
I00OO 114
Cent III! NJ .'.s
P00...1
reststered
aooo... 1 a Ha
Che. Ohio 5a
3000... 1 I Us
C A O i v 44.
Anoo 0 27,
90OO IIU34
laooo naAn
CheaftOIIAAlat
3000 0 07.
CM A Alton '
nooo ans
1000 nas.
1000 nno
CWlu total 41
. uwni w n(
I000..st. ,971s
12000 U7An
83000 U7la
IOOO 07S.
InniM
CM nay Den 4a
IOOO a034
ciii nu mm
BVWI r) T 13
SOOO 87.
CbIA Kast lit 41
3000 anto
Chi 4b Gt tr ..
4000...,. I'JI
CM Mil A Pure I
Snnnl 4s
17000 0 4 34
uaisiiiaiMI'au
O A P W 5
soon... 1 nfln.
CMASIPdeh4s
4000 na
ChlUMAStPS'js
IOOO H1II4
CA NU'eeh 1921
100A...1 oau
r.Mumi
1000..s9..n77.
Chl N W S'j.
5000 ROS4
reniieren
10900 8 A3a
Chl H1AP IIR4.
1000 7a
3000 7318
9000 72
1000 7 IT.
CM PIAP rtyaa
13000 an
Chl ItiAPrer 4s
I70OO .01.
(000 00
3000 001.
Chinese Govt I.s
rrts full paid
SOOO 041a
CCC AStLim 4s
tteoe wasa
CCCAStLStl.lS
inooo w;H4
1000 03
Colo In col tr5
14000 7213
Colo So ext 4U,
1I0O0 07 ft.
4nooa20.07la
CnneTobacco 4s
000 oata
CubanAmSura.
IOOO B7la
Pel HudcT4s
7000 Delia
toes OS's.
6009 ONI.
Del Altud ref t
23000 0 0
Den A HUrtf at
10900 8 H7r
Total sales of
DlatllleraSeetir
lite. Cam M
eonn 7!Ha
4000 7 335
tin Pnni 414a
14000 B.VI4
hillannRlrrllICo
nf N V con
1000. .1 1 IDs
Ilrle at run 4a
1000 HI114
4U00 HOIil
Prle rv 4a r 11
63000 701a
auoo 7ti5s
r.nr n '
5000 7814
B0O0 78
1000 7 7 7.
Kit K Coa.ti'ia
auuu u n
Pt Worth AD lt
loooo... 1 1 17.
3000... 1 1 2lj
i.er-icririr.i a
4000 ...821.
Oen Mutora a
4000 unij
I'l.u.atonlr 5i
200.1,,. 1 1 4
IMCentri 4. I Hi
Aooo miou
700'1 II HI 4
Mi ''en i l.".2
tnoni) ....8III4
inte-lKiro HT 5s
series A 19.12
1000 ..I 0 4.1.
U0O0...I 041a
Inlerlmrit Mel
eot trul 4Us
1000 S.'IIm
1000 H'J'h
4000 B21
120(H) Ha78
11000 Hit
Jananeae 4'.
inno on 1.
1000 :tl4
on nn34
800 on .14
Jnnesei'a2d
2non 0 2lq
7800 025.
Ka'l t ISAM 4
1001 801.
Kan OA Par 111
2000 y oia
KanCllrSrefra
6000 O07
Kan Cltv v'n f
1000 ?nia
l.r'Strel.',llM!.1
2000 on 1 a
l.aeusterl.istniA
4000 1) Ha
I. S MS4airl 4000 Bi
Bonn na7B Se.i.dA i,it
I.sa "si.tii.l ;ono 70
KOn ..1i:ilaSoPirof Caia.K
ll.ia. 1UIM,,, 1 IU.
LShAM S-il'is South Parlfle4s
.lono gzm
Norf AWnlv4l
2000 03(1.
North it e.flc 41
1OIO00.. I 00
North Parlflols
4O00 007.
tnoo ftosi
l000,,...OI)O4
or HallA.Navu
4000 nil
Ore as . It It A
Na- rr f 4.
3nno 'I?flfl
2000 U2U
Par TAT rll 3s
3000 ,,1 00
1000 1l07g
I'rnnt rn 3'
5000... 1 08
Pa rv 3 H12
1000.. .1 00
Pa r 1la 1113
lnoon20 0 70.
Bono 0 7 A.
2.1000 7ia 1
mono.. ..7oh 1
PHI C'n Cbl A
SI t.3'a . I
ZOSO 1131a ,
' Lotiuarii 7.
ttnon.,,1 aai.
200),.. laa
P llllari 5 1
7000 not.
21000 1)11
Porlland llvrn
1000 ..on
PuhllerervCorp
nr N J r
2000 0 2 31
'ealln r " 4a I
moi) .A.. H8ia
1(100 IHIu I
14000 O8N1
50(inn BH'l
1000 08N
i.ioon ortia
HlnOrandelV4a
1000 80
St I, it Iron M 4a
1000 (1234
Sit. ASF .111927
100n,H81.
1000 88I4
Stl.A "aorrfdc
iron ."I. 8 t
.inno 1
1000... ..80la
RtliilaSWIal
4000 oau
Stli'i M W en 4.
inon 8 1 0,
27000 8 I 7.
soon .,,,n 1 34
eaht I. ref 4
innoo H2o
REPUBLIC I. & S. DEFERS
PAYMENT OF DIVIDEND
Chairman Topping Announces
Prospective Earnings Do Not
Warrant It.
PItOFIT AT CURRENT PRICES
Independent Has Been Notable for Ita
Price Cutting Against Steel
Corporation. .
S Parirtrref 4s
.lono 0 AI.
7DOO0 tiat.
tinnn Oftls
23OO0 0014
rteinoev .
1000 HAT.
S00(M 00
rnumern nr rva
.1000... 1981.
South HyStI.41
10000 00
So Hwr rm 4
anon 7H14
4000 70S.
14000 701a
Tet A Paclst As
P0O0...I I Ol.
Third Avenua 4s
nr. stamped
IOOO 703.1
Third Ave ref 4s
when lasiirt
4000 RAI.
ThlrdAvead) s
wnen isaneo
2nooo 7014
6000 . 701.
soon 70U
Tor Ham A H4a
AOOO 8034
Union Pae1A-4a
1000,,. 1 0004
2000...1 oota
U Pacific ref 4s
1000 07A.
23000 0 7S,
UnnnsanFfdc
2000 80
l.lrrettAM7a I
.1000... 12 11.
19000...I21
l.lrlt It M Si
40(10 H4 7g
2000 oa
2001 1147.
6000 oa
Lou Nh 4a
inno ....nnia
aooo no:.
ManhattanRris
.limpetl
2000 07lo
llarln.cl tr 4Ua
17000 6714
Met St lir 3s
rertinaiea
10OOO... 1 00)4
Met SI nv adl 3s
when l.sued
tOOOO .141a
20000 04a4
IOOO 549.
1000 a4ia
Mil I.SA V 1st
1000... 1 tats
Minn A Sit. 61
2000. ..10a
M SIP A SSM "
1000 07I4
Un KanATex2d
60OH 84
Mo Pactnr ron
000, 1 077.
19000... I 07.14
Mo Pacific rv.is
10000 8734
tooo B7iai toon nn
.iai ilj-s Mexss 11 s .is rr
idw no
NewOrt MoAChl
it" fdt AaitMO
8000.... 041.
N Y Canal ta
I sal
IOOO...IO2S4
N Y Cant deb 4s
4009 033.
I20O0 D3la
N YCenLSSU,
3000 833.
N VCenMCS'ts
10000 8 1
NYciirsmist?
seoo..; 107 a.
5000... 1004
new
inooo... 107A.
lopoo... 1 0734
N v otr 4'ts
20OO...1 027
Aioocsht 03
22000... 1 03
N Y CUT MIS20
8000... 100
N V CltJ-4a 193
reriiarad
loooo DOS.
N Y Oss Elee M
II A P 3a
1000... I 0334
3000 ..104
N Y Oaa i:ieo Lt
II P 4a
62000 881a
,r nnanrei.
3000... 1 3ai.
NYState 4a IDA I
3000... 1 oaa
.Norfolk A v 4a
4000 9R.1l
Norf it W rv 4s
20000... 1 OBla
10000... 1 oa-N
US of Mexico 3s
.1000 3. .00
" S ntthber as
12000... 10a
U s steel sr 5s
soon.,, 1 on
SOOO,,, 1 027.
7000... I (13
10O0...1 OU7
.1000 .. 103
IOOO... 1027.
11000... 1 (13
10000... 10 3 7.
retisterM
. I00..,loa4
VaCaroUnaO 1st
2000... I 003a
VlrrlnlaMId ,m
IOOO...IO8I4
TTaham 1st
2000... 107
Vf ahaah ell 4s
IOOO a?u
4000 87
IOOO 8034
Western pier 8s
A000...1 03
2000... 1031.
Wn Maryland 44
5OO0...88
Weal N C 1st At
1000...I 03U
M'rst Sh 41 rer
1000 O8I4
Weal Union 4U.
42000... 1 00
westlniKI ct 5s
loooo 04S4
1000 041a
Wla Central 4a
2000.. ...03
loon 03I4
1UUU.....U
bonds ipar value) 32,130.000
STEEL OUTPUT INCREASING.
Expected to Pass DO Per Cent, of Capacity
This Week Pic Iron Inactive.
The l ulled States Steel Corporation Is
operating at about 89 per rent, of its rapa
city at present, with Indications of an In
crnaan of output In the present week so that
operations will be over tho 90 per cent,
murk, A year aico the operations were only
at about CS to 70 percent, of rapacity. Oper
ations stern at about 81 per cent, of full
at Hie Mart of the month.
Die corporation la preparing to blow
in several Idle furnace within a week.
and it Ik predicted that the output for the 1
month of March will establish a new hint) I
record. I he corporation Is In the market
for Iron and It may buy some from Inde
pendent Interest.
I Iter, would be sn entirely optlmlttlo
outlook If II wero not for tho low price,
wlileli am ctittliiB a large proportion of the
iHodta an ay from the lUurea that the
increase In production would hhow. The
prices as a whole average, about is a ton
lower than for I'eliruary, ion, At the pres
ent rate nf output about ;i,iioo,ooo tons a
year more DtiMneis Is Peine nonn than wa
shown by the figures nf" Ht l ebruary.
A number of plant have ispurted in
creased operation, or that they aie work
ing clot to capacity. Among thara are
tha Voungstown Hhest and Tube Company,
the .Mahoning Valley Works, the Ohio
works of the Carnegie Steel Company,
the Langalngrllle mill, the 011nc8towu
Iron and Steel Company, the (lary rail
mill and the Kepiibllo Iron and Steel Com
pany, ina .-jouin cnirago ueaiemer nulla
will start work this week.
A serious congestion of cars lias delayed
or prevented tho. shipment of both finished
ateel products and raw materials. Ihe
Improved weathor conditions should elim
inate this difficulty.
Order, for the rallioads for equipment
last week totalled Oi.OOO tons of ruils.st loco
motives and mo cars. 1 or structural steel
the orders totalled about 30,000 tons,
'I lie A, I'.. Norton Company has been
awarded tho contract lor the Lowell Sun
building, which will require 700 ton. of
structural Hteel, A. Ilolter A Son aeon re (I
the contract Io erect the Webster liiilldlng
at t'hicago, for which 3.000 tons of steel
u III be needed.
'Ihe prospect of n coal strike is (lie only
aollio item nf iIIscusmIoii In the pig lion
market, which is very liiautlie. A conl
strike would mean a higher cost for fuel
and hence a rise In the pri"e nf pig Iron.
The contrncta for the third week nf lehril
ary for pig ware less th.111 :(i,noo tons prices
have baen ery Iriraulnr, shoeing n ten
dency to tag In the North and to remain
Arm In the South.
STANDARD OIL SUBSIDIARIES.
ItU. AlUit.
Antlo-Amerlcas 11 ilii
Alianuc Krnniar. i .1.1
BorneScrymser 15) imi
UueMeya Pipe l.lne 123 1.10
cneaebrouth Utg 6i 720
Colonial Oil ion 123
Continental On f.i HM
Crescent Pipe une 61 ai
Cumberland Pipe Use....'. IJ as
Kureka Pine l.lne 21(1 2.13
tlalena Slgntl OU 22u 223
uaiena signal 011 pr i.tj nn
Indiana Pipe Une no !7it
National Transit 31 S7
New Vork Transit 2 hi 2.11
Norinern pipe Une A3 at
Ohio OU Ai M
Prairie OU ft (ias 21 2.15
Solar Itrnnlng 473 53n
southern pipe Una 2;i 20.1
South Penn oil , 8on 503
Southwest Pa Pipe Un I4S Ian
Standard Oil of California 152 1.V1
Standard Oil or Indiana 330u Ho
Siandarl Oil of Kansas 14.1 13.1
Standard Oil of Kentucky 1V1 :ni
Standard oil of Nebraska 230 273
Standard Oil of New .lersav 331 3.1A
Standard Oil nt Ne Vork .iu .1411
Standard Oil nt Ohio too 170
swan a rincn boo tun
Union Tank Une si as
Vacuum Oil IM) IV)
Washington Oil sn .11
Waters-Pierce ton i:on
Subsidiaries en bloc 440 40
AU quotations dollars per share.
CURB STOCKS CLOSING.
lViferdoy.
Kit. Aiked,
.laluritati.
Bid. Ait til
Am Coal Prod pf w I. . ,10714 101 107'4 103
nay State Oa.... 7-1A 14 7-10 '4
Braden i'( i'i .114 Mi
Ilrltlsh Col Copper 414 414 2T4 4
Ilrltlsh-AmTob 10'. ! 19'4 I9'4
Ilutte Coalition. .. 22'4 2.1 224 224
Florence A M 60 AA
Glroux 4 1 13 4'4 4' 414
Rreene Cananea 7?, i' 74 "14
Guggenheim 150 15.1 17.1 IV)
lntercon ftttbber 14 I4'4 13 15
Inspiration Com 154 13'4 134 IM;
KrrrP-aUe 3 13-16.11-16 .1 .114
I.eh Val Coal w I... .201 203 201, 201
l.a Itosc .14 Ms 13-10 ;,?4
Mines Co of Am .114 ' .1'-, .i, 314
Mason Val. , ... 12H 13T4 124 1.1
Manhattan Transit. .. 114 l. 114 1.4
Nevada-Utah 1-15 1, l- in 14
Mplsslng Mines 74 7'a "4 7'4
Ohio Copper 11-16 IU 11-15 Pj
Porcupine Cent 3!4 .114 Jij .-.,
May Copper 3 1-19 2 .via 3 1-19 24
Standard Oil "9.1 310 730 Ann
Standard Oil ex subs... .153 .110 3.13 ma
.Standard Oil subs, 440 460 4.V1 4.V1
Sludehakrr Ml f,l 5014 31'j
Studebaker pf.. loo'f 101 loot, lopj
Tonoplh Mlnlnr 714 74 71. 7,
UnlteJ Copper 1 114 1!( 1(,
United Copper pf... . 7 14 7 14
Untied Cigar Mfa. . .12 M'4 52 5J1(
United Cigar Stores. , 133' j 115', im 117
Yukon Hold 3), 3 7-16 3 3 7-15
BONDS.
Braden As... .120 124 120 124
Chl KI &s. , 9A,' 90 OH'i pu
Norfolk A West 4. inaij joaij io. ina'f
N Y Wrst A II 4!4.... tw V9' U9I4 dui.-
Hock Island deb 3s. " U7I4 974, s7)4 UU,
Western Parinc As. , M A3 AA M
Chairman John A. Topping of the
Reptiblio Ir n an 1 Stoel Company an
1 ounced last nlfiht that the executive
committee of tho corporation had de
cided to defer pnymont of th regular
quarterly dividend of IH per cent, on tho
preferred stock, duo April 1. It had
hecn expected for somo days that tho
dividend would bo passed and tha stock
had bec.n weak In the market. Mr. Top
ping ruvo out t o following statement
by way of explanation:
At a meeting of the eiecutlve committee
of the I?epubllo Iron and Steel Company,
held .February 2, 1912, It wns unanimously
decided to doter payment of the Quarterly
dividend or ijf per cent, on the preferred
stock due and pnvahle April I, as present
and prospective earnings are not suffi
cient to warrant full payment. And it was
the judifment of the committee that under
exlstlnif conditions of business, tariff un
certainties nnd political agitation It whs
to the Interest of the stockholders to con
serve the company's rash assets.
The company Is operatlni; nt approxi
mately mi per tent, of capacity and if cur
rent prices ore maintained a profit Is
Insured. The net quick assets or the com
pany are approximately if.'.OOO.OOO, which
places the company in a strong position
and ulikli will enable It to carry through
such improvements ns arc necessary. When
normal conditions of business return the
earning power of tho property will be
suDctent to discharge dividend obligations.
Tho Republic Iron and Steel Company
has been notable among tho so-called
steel independents In recent years for
its initiative in tho matter of cutting
nrlcos. It has persistently refused to
have tho Steel Corporation's umbrella
held over its head when the other Inde
pendents were contented indeed to have
that kindly protection. In the great
cutting and warring of 1003 tho Republic
led tho way. And in tho cut of 1011 the
Republic was first nnd was then declared
to be "out of the counsels" of tho friendly;
that is, not in agreement with the more
conservative Bteel Interests. Those moves
cost dearly, of course. Wages had to
be cut as well at prices. But tho policy
of the company during dull times has
been nevertheless to get business at all
coats.
The company's report for the six months
ended December 31, 1011, said the gross
volume of sales for the halt year com
pared favorably with the beet previous
periods in the company's history, but
that prices had been the lowest 'in the
life of tho concern. Net earnings con
sequently showed reductions as com
pared with 1010. The itemized account
for the period showed a deficit of 178,228
as compared with a surplus of 1302,850
for tho corresponding period in the pre
ceding year.
The Republic Iron and Steel Company
was incorporated in New Jersey In 1R0J
ns a consolidation of twenty-four con
cerns, lt haR issued 125,000,000 preferred
stock nnd $27,352,000 common stock.
Tho preferred Is entitled to cumulative
dividends at 7 per cent, a year. The
preferred's dividend record shows 7
per cent, from October 1, 1R00, to October
1, 1003; Mi per cent, on October 1. 1005;
3 per cent, in January, lOOfl; 354 per
cent, quarterly from April 1, IOOO. to
July 1, 1007. and 7 per cent, again from
October 1. 1907. to April 1, 1008; nnd from
July 1, 1003, to dalo the regular 7 per
cent, a year. On July 1, 1000, tho com
pany also paid one-ouorter of 1 per cent, on
nn nccumuiaira aiviuenas. :
The remaining arrears were paid olT 1
later ny 1110 issuo or dividend wnrranw
payable up through 1013. The company
has agreed not to declarn anv dividends
for its common stock until after all pre
ferred arrears aro paid off. No dividends
have ever boon paid on the common.
The company's funded debt s about
$0,800,000.
GARY URGES BETTER RAILS.
Says There'll De Government Super
listen Unless Safety Is Insured.
Chairman K. H. Gary of tho United
States Steel Cornorat lOTl f?riV Hilt Vffil !
day a pamphlot containing t ho full proceed
ings 01 mat conierenco or rebruary 15
at which railroad men and etnol roll m,b.n
talked about how to get better and safer
raits.
The speech of Judge Gary gives the gist
of the argument. Mr. Gary told tho stoel
manufacturers and the rallrnid m.n
that whilo tho steel makers were not di
rectly responsible to tho public for tho
safely of rails they aro still indirectly re-
sponsuuo una -very iniicn involved in
the diRctisolon.7 Tho steel men huve,
moreover, no desire to shirk their share
of the responsibility, ho Haiti. Iho drat
difficulty is to get the railroad men to
ngreo about the safety of different .kinds
of rails, Jiulgo Gary further poinled out;
Another difficulty is that the weight of
rolling stock ii Increasing so fast nnd
speeds aro getting ho much greater that
it is hard to say what sort of a rail will
stay earo onco it is laid down. To get
mils to wear under extraordinary use
it is necessary to put lols of carbon in
then). And carbon makeM rails brittle
ai ins citmax uuago uary nam:
I hallOVR. CPlllllimPIl llnlaaa wa . n, I 1 ..
persistently and effectively pursue this
stibjnct to a right solution we shall llnd
ourmiivrit in inu lianas 01 commissions of
somo sort, llko thoy have In r.ngland, a
Hoard ot Trade, n Chambor of Commerce,
an lntorstnto Commerce Commission, a
Statu Commission or somo other nuthnrltv
ui.i. Ill I . . I r . . 'W
ini. 11 ni my mm 11 ior us mrniula? under
ivhlch and in ncrnrdmipn nrltt. n. t. iu
shall bo obliged to manufacture our rails.
We may como to that anyhow. Rut I bellove'
such a result Is to be dnplorrd from ovory
rsii.tiwt.wiiai, Hum urn ni'wiu,iuini. oi gajQiy
n woll a from that ot economy and of
FINANCIAL NOTES.
TI.. L...,tni.iH ,r....
iim .i,,, ,n..i" nun lompanys pro
t.,v,Lr.,i!Ili,im,"e" 1 for. Wabash Itallroad
1 .1 ""! " i-Airii.inii llOIUIS M
shortly apply for tho listing of the rer-
1 1 un inn nine i.xciiatme,
Tho committee has deposits or over Sit) .
000,000 bonds '
Stockholders of the Lawyers Mortgnse
Company voted yesterday to Increase tlie
"I""" , ' ""I nil 1 1 I (Jill si .IN HI IMNl In
S8.otvi.wo hv the Issue of 20.000 ' shires 1"
p.'"' 1 "'I'l'older may stibcrlbe for new
j... . .. ,u in.. I'jii in in ..11 iur icni or prearnt
l,i,.'t!i,,l8.'i 1 l",v"lnit,was merely In formal
rnllllrntlim of 11 d rectors' propos Hon
previously announced. 1 " 11
DIVIDEND DECLARATIONS.
r(lRsRITRKTRlf
... .. ,j
Hiffh Grade
Public Service
Corporation
Bonds
Paying over 5
i.lt n Rtqum
IRedmondadQ.
33 Pine St., New York
BaHHBRRRI
American Speaking Telephone Stork
.'nmpniing-iaDui.iinK-iircorning mock
Federal .Sugar Com. I'fd. Stock
II. W. .lohns-Manrllle tViat, Stock
Interaallanal lire.! Northern Corp. Stock
international Hllver Necurltles
.1. 41. White 4'o. Jom. I'fd. Kloek '
litis P.letalnr cJnsn. Pfd. Slock 1
Nt.ndard nil H.b.ldlarles
Victor Talking siacnme torn, ntock
Whrn Mtrttttd in buyina or ttUing Jfii.
celfanrou StcuriUt tr. uoud..apprwi'ii
lAe opportunity of Quotina;iiou our,ynirltef.
J.K.RiccJr.ciCo.
Long Pittance 'Phone 7460 Ha)noer.33,trill5t..?rT
Eirnational Agr. Cotp. PfdHj
ilpt-Dodse I
American Chicle Com.
J. I. Case Pfd.
Pope Mfg.'Pfd.
Thompson; Towle & Go. .
r'nlfiled ."ecurldli Dtpartmtnt I
25 nroad St.. N. V, 'rho.e 510(1 ,Broad, I
Gcrmnn-Amcr. Flro Ins.. Stock
Hanover Flro Ins. Co. Stock' " '
Gerinnnia Fire Ins. Co. Stock
I,ncknwnnna HtccI .Stock
Patcrson & Hudson River R. R. Stk.
.tlo., Kns. & Texas JV0 Notes
Hosmer, Risse & Webb
74 nit OA I) WAT. NEW TOHK.
Phone, neclor 4.T34 35a. ...
HARRIMAN NATIONAL BANK
Fifth Avenue A Fortyifourth St,
New York
SAFE DEPOSIT VAULTS'
United States
Mortgage & Trust Co.
New- York
CAT1TAL .no 8t RPLlS. 18.000.000'
Personal ind Eutiotss Aeeeonls IntilaJ
. i:f;iM-.Kii.
H. M. Byllesby&Co.
ENGINEERS
Examinations and R'EfoitTi
ate SOUTH LA SALLE STREET
CHICAGO
fimiM, on (kiitaM cur. wi ' statiit tn
DAILY FINANCIAL CALENDAR.
sooss riioac,
Anterlein l.lrhl and Traction (annual meeting I
llu Ponlile.Nemmtrs Ponder (annul merttnM
S noma orK,
llnmestake kilning,
hlnss fount) Kleclrlr l.lglil.
ANNUAL MSKTINO.
Amarlcaa Wilting Faper.
i
THE CURB MARKET.
f i
A fair volume ot business "was 'done1 ia
the curb stocks in the first hour,.or so pf
trading, but after that tha market flattened
out. Advances were scored In ninny prom
inent Issues and the Improvement was
usually maintained until the close, llril,lh
American Tobncco wits In good deiti.ind
and roue to I9!s. There wns a continuation
of the buying of Lehigh Valley Coal Sale
stock which has been conspicuous dttrlns
inn insi ten- navs anil n new men price oi
210 Ivor touched, the last sale bolne at rot.
Un the other hand pressure whs asaln
notlceible In tho case of Intercontinental
Ittibber, forcing the price bsclt-to the rereat
low of I4'-v. The mining Hat sgain pi'ed
unlet nnd somewhat depressed. Trailing
In bonds was not so heavy ns it has been,
hut there was still present n.good.innjiir?
for the principal issues.
Transactions in detail In' the; market
yesterday were ns lollows
Open-
Anfr. Inc.
400 Amer Porcu Cold. 30
UV Allied Securities al
i:o llaldvilii lxwo. . :ot,
SM.IIrlllsh Colfop.... 4!
1M) llrll -Amer Tob. I9's
tco lleairr Cons ,
400 nunc coninion.. r:s
ten Caledonia Mining. 7S
:tro c t) i) conn. ... ia
trco r.iy Con .. 7-l
i:po rwivooiwonh. .
.1 1'WWoolwonhpf. li:!
Am riorenrc. . , 61
.VM fireene Cananea... 7's
1.'oo tllroux Mining.,.. 4!
isooo Oreenwatsr 0
140 (iuggcnhclm Hip. ISO
llhh- .otc
rjf. rjf.
s: ' i
m - o
cot, m'i
CJaj
'til. 31
at
i'l
i''fM is
III
::
7r
.1-15
7l
lli'l
M
,7'i
4!)
"if
73' '
JJ
7-18
71)
n:u
;
JTii
13
S51
13
H
e;
4l( Licit I 1-41
:t Inter Hnt.lier.
8.W InrplrCons ,
Kl lnplr rlghls,.
;oo Jumbo nxtcn,
570 Kayaer pf.
.o ICnlli Mnkcry pf..
lion Kerr l-iUc.
enn l.a Itoae.
1
18H
, '(
, :i
101
if)
11
1S1
U'
:i '
lOI'-i
fO's
3 1-1S 1-1S
3
1)
HW
'ia',
:i '
101
'S
n
:i
top,
3
.3 13-18 3 1J-1 .1', 311-11
601) lhlgh Valley.. .Ml 2'0 l
SV) McKI)arSavM03..l 13-19 1J4 1 11,1a.
lll Maon Valley . . 15J, i:Ji 11',
13 McAnd ft l'ot ties,.i;4 17.1 171
100(1 Manhattan Tran.. 1H.1 11-1S,1 91
31 M Itumrly, . , . W, pa',
lti .NeiaJa 1't.ih.. . .
4() Nevala IJIIIf.. .. S!ii
im Ohio Copper, .1 1-IS 1
ia Pacific Smelt'rs... 1-H
3nn Porcu Central. , 9'i
sm Porcu Northern... I
ax) Porcu Southern,.. Vi
uxn Prcslon II Done... 7'
300.1 ItaytVnlrnl.. . . :H
II Itli ltcynolds. am
Mi
1'
i:'i
173
1
1-11 1-11 l-H
-11 1 l-n 1. 1-'
3'
i
i'i
7
1-11 1
.Vis
as
1
:! : l-ii
a rcai
MO Siher King cons. .1 U 1.1.1 I 1.1
son simlehaker . . fo'j fo'j l
fo Tono Mitt of Nev.. 7l( 7!i Hi
MO Tonopali Hxlen. . 14 l' (In
tono Trl tliilllon. 1119 1 1111
a7 t.'n CI g .Stores. UHi taf vt
SOOO WettlaufcrSII.. 77 7,1 71
ZM U SLIglil 4. II new II?, 11' ro'i
BONDS.
KOiim InsplrConsSs.. ioai ini,' loi'l I'f'l
lonoo MII .sp& .North is. ot!, t)H oil. til's
mo MontrrelTran .is, loo"j pint, ioo't lOfj
Jt) .NYtyiU's.ltctS ISlKU ISIojIJ-lilWJ .4
.'OHO N V West tt II 43 V.I Mi lu w
I.vxmi NorlolUiU'cu 4H..1U1 ,W,i 1P t''4
3'An Pao (ias 4 I'.lccSs., u: .tti ul5, UiM
I
l'
7
jo
l.ll
:o
't'i
i!
l'J'i
FOREIGN BONDS.
Comp ini; nnrf 7Vrm.
Ameilcan Pan, (iiiartetl" '
Wrltlaiifer l.ornln Slltrr,
iiuarlril) .
Wrlllaufrr-Iiraln Sliver,
extra .
t'al'iinri and llrcli Min
ing, miarlrrli
S.iernln Ullllann, nusi
leilv
Pamagucy Company
iiuiuimii-iiriniiini,
oi.Jo.epb Lead.quarlsrly. com
Wsrt.
pfd
I'M
,lm, I'lii.thlr.
Hi April 1
April SO
April Jti
Marrhrj
i
a
7.V
April I
March i
Ainll 1
Utrctt 13
German Consols 3'js ,
Merman Consols 3s
Prussian Government 4s ,
llararlan Uovernnieni is
Saxunv Uuyernincnt 3s
llanihnrg (ioierninent ill ,
City of Merlin 4s ,,
City of L'OIOIQJ 41,,, ,
City nf i!n nlr n as
City of I rannlort-on-Uiln 3' is.,
City of Vienna
Mexican Unvernreent gold as..,.,
rreni-h Ite.te :is , .
Itu.alan (Invernineni 41
rtrltl.li Consols V(;s
Hit. A
.. t
.. am
,.11'Hl
..1W1!
.. M'
.. l'J
., i) i'i
,, wi
tc4
.. sin
..
.. W;4
U'J.
int
.
i'4
T
S?
SUB-TREASURY STATEMENT,
BITI'IUUI.
Paid by Hub-Treasury In hanks..,,
Paid by banks to tlub-1 reoaury..,.
l.os tn banks nn dsy's transnclbnl.. . 5"Jn)
atsca rninu list.
Paid bi Sub 1 irssury to banks -'rSS
Paid by banks In Suli l teasur l..V,
Loss to banks.. .. . ., V.W'S
Lou to banki lam. psrlod prtrlouiwi.il I .w',"

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About The sun. [volume] (New York [N.Y.]) 1833-1916

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The sun. [volume], February 27, 1912, Page 12, Image 12
About The sun. [volume] (New York [N.Y.]) 1833-1916