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SATURDAY. APRIL 13, 1912. , THE COnON MARKET fl-nrtionists Surprised by the T'iH'la.v ot Strength in Face of Heavy Selling. WEKrTK FIGURES NEUTRAL into Sight Movement Nearly 14.AOO.000 Bales Liverpool Stock 1,253,000. TMerday's development tn the cotton rnrM made the situation mors of a ruttl thdn ever. At the close on Thun. -lav it was thought that th advance had ji.nlnated for the present and that a tic reaction wn Impending The batle for this view was the distribution of a lie of long contract believed to liae fen unloaded by leading- bulls, Including: the Waldorf crowd, In such volume that h filtered buyers who took on the td woiiM find It hard to ret rid of in c-tJo there should be further pressure. In other words, the talent had n th trailera ana th cotton had passed ?thr b Argentina shlpmanta ar KM" carvri HRIIUI, j fill WflS DUM-IV ft tOUthwMtern ae... J-H "rtB tot of the leading lestTrei Tot Tto MtiS Commission houses bwAthtMWS weT.roVlt Jhe W' ' '"week were smaller than In the previous week hut the total of j.ti,m byxlh. aiYewrTed tt9 ?crt for?: o,om ffl Ih,n for ,ne week last vear on M 'or ,h8 "In" i or t:,,:(,ooo hueb. was more than -0.000000 susen. " 'han ,n ,h9 "m t oth'T hB. U Is too early to hiti, ff r!?t,,B' T'''P06I closed '.rt. .?:-2.d owM noctunge, while Budspest declined He. and Paris partially being- s.Mft.ooo bush., or about uso.noo lLlA ln.V" Pr,vl0" nd the correspondlnc time last year. Vet bullish crop reports carried th h. .hi, ..... ZZ 1" ,T0D "ports.lt Is believed ny many that "where h i. k smoke there must be soma fire.'' Corn also advanced partly In sympathy i-.r.j . r ooa cn lmnd con tinued to he reported at the West On the GOSSIP OF WALL 8TKEET. Thr-qii! to sy Ms here, Tnitefrfl. , panyhaa paid two dividends, ef s per cent, Members of the Return fr6m Elba Club each The only neu about the American "1618 In lllch Snlrlt 1.t..,4.. Tkiv 'mmMnV 1atr4 tra n,,. doated over the fracas at the Republican 1 from the management that enough proxies naa been received to carry the meeting or April is and unofficial belief that after the change In the par value of th shires ap plication would be made to have the stock peculatlx e view of the case, and although It might prove correct nine times out of ten. there was a slip In the cog. for tnc mantei opened strong; and moved t.p to the high level of Wednesday and r.ew high records were" established on .May ana juiy. nepuns m nun ana forecasts or tin- settled w earner with showers set Liver rod solng after a rather easy opening and oiorert that market arcnind the best fgures of the day. There was some rather exenea buying; by local traders, vitn broker who usually operate for tne Dig spot interest heavy buvers. Brokers for the other leading bulls, how. vr, were tellers on a scale up.' There conslderabto underlying strength and at no time did the market give evi dence of weakness, tn conservative dr--i there Is a disposition to believe that the advance has gone far enough, but cslp Hates thst persons Identified with the ldlne spot Interest are talking much hlghr prices Immediately. Th week end statistics did not affect Mntlment. Th Into sight for the week le 1T7.J93 bales, against 61.027 last ear. The total for thn reason Is 14.4S.ST. sralnst 11.154,579 last year. Spinners' fiklns.i for the week are. IPt.ooo bales. UlnJt ISS.ortO Ian year, thus calllns for a decrease In the !slble. supply of I-out lin.eoo bales, compared with a de rae of l27,niV last year. Uerpool ""! nf American cotton continues to rHe up and, exclushe of the amount afl'iat. now contains 1,25S,0Oi) bales, aciintt n?3,ono Iwles last year. Tuturec closed barely steady, with prices 13 to 17 points higher. KMImated nls 35O.O0O bale. Trices as lollows : Clo- Prev, me. cin,e. II 30 II. OA Open- Him- Low. Ini. et. et. Mi" . it i ti tt ix 'if ... n. U. M us tin hi; S""0'; u.37 li il.; n.4o u.ie 'rembfr. .. II l AS u u ji (. n ,m hutureslnNew Orleans were as follows: Open- HUh- low. Clos. Prer. u. lag. .est. et. Inr. Clone. )fr - l i! 11 77 li." ll.:. II.M Jiv ii : n S7 n ;a n : ti.M 'tooer II Mi ll vi ti 4i ii, jo ii n Itoernher US II fa Mil n it 11(1 !-pot cotton hcr was 2 points i-.ishcr, at ll.5 for middling up lands New- York certificated stock, 124. ti i..., . ....... . i4vi, HMinH loj.isi last year, "southern spot markets unchanged to i, higher. Galveston, 11',: New Orleans, l??1!!.1?' ,he Prts for the week being dusd., against only 27,000 In the previous week, while the shipments from this country were smaller. They 'were stated at 553,000 bush, for the week, against M4,ooo In the pretloua week and 1,10,000 last year: since July 1, si,75-,O00. against .2I3.000 In the same time laat season Liverpool was ,'d. higher to )kd. loner. Buenoa Ayres opened ,'o. higher. Oats reflected the general firmness In new high levels for prices. July reached an unprecedentedly high price for this time of the year. Bliorte covered freely. The cash demand was light but the crop movement waa small. Wheat on the spot waa firmer. Pales, 138,000 bush. Manitoba for export. Closing prices f. o. b. afloat for eiport, rati basis: No. 2 red, ll.UK; No. t northern priug. opening of navigation. I1.S4I,. No. 1 northern Manitoba, opening of navigation, ll.!5t. futures closed W to 2fe. higher. Corn on the spot waa quiet. No. ?, f. o. b 84 Sc. Oata quiet: standards, 64c. Futures were as follows: Open- Hlfh- Low. Clo. Prev. wheat: Ins. et. et. Inc Close. May noli nn4 ne iii int. July ioS 1001; ion; umij Jmii vBitaoo, April ii. 1'nreswereas follows- High- Low. Clos- Prev ri. nueati Vttv... . July teptemoer. orn: Mir July September. oati: Ma. . Jul)... September., Open. IDC, 104-H loi't-N t-ioo . 7-7T , T7-' Wi-H 7j.li 10S 101 74 MS Ml. ent. 101 Wi 714 7I, 7S ;.7. ln. close, ins 1041, WTieat: Minn. liututn. OTHER MARKETS Open- lllth t ow ln ri. Mayioav's iot JulyioS- Kriij .ept.. toi, 104 A1JI ...I'll it 1UU' imt u;?4 ;s, .,', MS lt' 100', est. 101V', !V I0I, 107' 10'. Clo. Pre Inc. C'Iot- ir,;i in?. II 9-16: fcavanr.ah. 11: Houston. iiempnis. xisl Augusta, li,. Receipts and stocks at leading points ih eomparisoiis. as follows: Itecelnt.. 11. t alvriion t,oo.i iM3 NrrOrlcan .i.5.i 4vnar.ah a.l.vi v,7 Hcnoi 3..H7 rn Mrr,rhl 707 11 I.ijiH f9 41 fort receipts, 49,923 bales, against 9, HI l,m year. Exports. 54.413; total for fason, 9,397,32?. against 6,763,131 'rt '-car. ll?s Stocl. HU. rx.m ;o.i7J 11M7 1(0.3; 177.f1( 7.ai: 78.441 60J31 77.74S 157.5C 4n.;0 C-n'or Nt tlrleani., rtccelpts Tolay. ..ai.)-.,,.! .. 3,0j1-4.000 tst Vesr. .1.11 l.M Httltnated tjn w eeV, o.np.1 7l t ''Trpool spot cotton waa In fair de-rrj-d, s r.olnt3 lower, at 6.44d. for Ame'l- middlins 011 fdles of ?,00i) bales. ri!'jr. orned about 3 points lower and i"ei 4 to points higher. Prices as .IUIV...KW. tout lawn lav . Wlnolpeg May., tni mii tnV .lull-104'...-. lflT. 1047. Totedo. M) ...10.V, 105s ins'. Jtily. ..!' mH to;', Kan. City May...in:i, ) ,- ioj'j Jll1V..fl.S... on. St. Louis. ..May.. 04i(' 10 104 S JUIJ1I-1 iui gsn Corn: Kan. Cltv Mar .. 73".' hi. :te. m. lul. .May... sou n so't 11: Piiluih. Msy...:i Oat!.: Wlnntper .Msy... M?j t ioer; Toledo. April 1370 low. Okl ICe'j 111 1044 101N iav 10J1', 1041, ;, iw I0P) soli : io 101 1. io; iom, 111 wi lnii, 1ICW Io:t v 1011, WH 79',' ni4 :i n't ,M, :i6 :u',' 53H Sl' 1770 1333 1335 1360 t'Lovit. Quiet but firmer In tone with I5.40ai: clears. wheat. Spring Patents s4.oOAi4.70: Kansas straights, Jj'.ij:, 1 rje Hour. 4.S0'd:..3S. 'une ' i-int :".tr Vnv ".ir Feb. ri '! A -3 Jul, r buois; Open. Hljn Lit est. 20 , so .3n s 39 s 11 s.l s.o a 1 M.. o:ds 11.33 ueran Low est, a.t .t s.m .07 Clo Inc. S.27lj e.i e.is'i to Liverpool October. 11.43. l.ee, Freeman, Trev. Clots, a 33ij S.3J .lt a.13 May. Lead- Wen- mi Mitchell. Wilson. Rav. Leading aelt Watklns, rtlordan, Olfford, Mc -..an Sledenbersr, Weld. COTTON NOTES. Tiifaloesa. Ala., wired: "Mills and ''r-. In Carolina offering hundred ' " 011 July for good middling, but we iwtlilns to tell them. Wo are not uz bales weekly. Scarcely any 'e punted. RaJnins now with a fore '" f"r three) days of tain. Looks serl- ' ne-' rrop," Oileans wired: "Exports not fol- me idvanco In contracts, TI10 basis " ') ' notwlthstajidine May Is 10 tin-lub- 'kfburg. Miss., wlicd: "Very heavy ' "arly this morning and still rain 'f ' ritlcai period for levees. I'x'pect a -: In 14 hours." 'W'ita. Oa.. wired: "Weather condl ' n here good. Much progress made f er:rng laudr. Some planting started '"' " eeh in middle and southern Qeorgls. 7 S'i" condition with mills good. Mills p tu;ln; at present price." j'--nve, s, c., wired: "Waa much ' iTi:er to see progress farmer have. ' "!' ph t. ten days In North and South ' -- ' 1j . . They are ploughing early and "il hiring horses and mule from 'i.i-s V.'tather la fine and If It con ten dtya don't think jou will Kf njeh complaint." ' iah wired: "Crop late, but ample. ' i i make. Think B per cent, will d-.-eased acreage, and condition.? f f or.-,be. Kstlmated IB to 20 per ' ' ! leruo fertlllter taking this ' eport. La., wired: "Conlderable ' Planted. Chance are Louisiana " ' 'urease cotton acreage 10 to in 1 -nt THE GRAIN MARKETS, '"I' neat Jasap to ft.04 1 mi rtrpnrts Abont Winter Wheat. " hat, at Chicago sprang up to 1.04. ' ' 'n frpur and th whip of bad crop from winter wheat Btates, sapeclallv ' ' Imnoit. Indiana, Ohio and part of "" ' They electrified the market "i u d fne electrocuted the short In "' The advance in July was little er ree cn,f This show th unl i ' of ih belief that something ha r"'1 Pinned to the plant Slno April ''here hiN bee,, tae In July at Chicago ' ' . m and proverbially "action speak "'d-r than wonls." And It need occasion great burprlte if th severest winter maoy )ear, should have caused an tin ;i'ial itnount of winter killing. It would 'A merely a case of cause and effect. No f' M there Is soma exaggeration, but terday th report of serious damage are more numerou than ever sad they accepted by the mrkt Mkwbgtaa MISCELLANEOUS MARKETS. Coffee More Active and lllajher lllajher Cables It eported Crop Uanagt. Coffee tradlnz broadened somewhat and price advanced on higher cahlealand re ports that rains are doing damage lu tho Santos district. Warehou.e deliveries are large. So are the receipts. Spot coffee) was quiet. Rio No. 7, M'.'c. Futures advanced 5 to 11 points, o!olng firm. Sales, ifi.ooo bag. Havre unchanged. Hamburg unchanged to pfk- higher. Rio advanced l.v rela, receipt., o.Ofd) baga, stock, 317,000. Santos advancer! ,-.i to 1V) reis; receipts. 10.001) bags; stock, v.ois.ooo; Sao Taulo receipts wero u.oon bags: Jundlahy. 7,000 bags. Prices were as follow: High- Low Sale. February .... ?Jo March. . . 1.000 May 17.JJO July 12.350 September 31.760 October d.000 November 3 V) Urcember. 34.250 eat. eht. "lolne. 14.01 14.01 ll.0SM4.01 14 01 II 03 II Ol'i 07 14.03 11 01 14.0211 01 II 12 II 07 14 12 ill 13 14 33 14 IS 14.304 14 31 14 20 14 17 It 1914 20 II 10 11,10 14 UMt IS 14 10 11.01 14. MM! 0 PnovisiONS.-Lard was In moderate de mand and firm. Prime Western, $io..v,; refined Continent, JiO.75; South American, 11.33. Pork was firm: mess. tiafliiB.so. Beef wss in fair demand nnd firm: family I17. Butter Creamery extras, :n'4r.. Cheese-State, whole mll't. held specials, white. l'ii30 Eggs-Western firsts. 3l'-ia33o. Chicago, April 12-"Provllons opend higher with hogs and mail further marked gains tinder a large speculative demand. The covorlngof large lines of , July product by a commission notice that has been a conspicuous seller for Fome days past was the prominent feature of the trade. Profit taking longs and packer were the chief riellere on the advance. The strength in grain markets influenced a fair volume of buying, principally of pork by local grain traders. The market closed firm, Cash trade fair. Prices were as follows: open- lllih. low. cio Lard: Inr. est. rrt Ing. Mav. . 0 7l-90 10 07 U 0.K7U 10 071 July, IO.0&-H1 10 so inos 16271 State convention In Michigan and made hilarious prediction about the victory thev are confident the Colonel will win In the Pennsylvania primaries tO-dv. simultaneously they sold stocks with seem ingly supreme confidence and when the market reacted they were more than ever confident that they were right In their pre dictions The tape could not lie If stocks went down the Colonel was sure tn win If the Colonel did win who W'ould want any stocks? The club's memhershln waa Mn. slderahly enlarced In the rAurae of the dv and the close ef the market, left a larger snort Interest than on any other day In recent weeks stocks sold yesterday need not be delivered until Monrtav so that the ordinary Information about the demand In the loan crowd was not available Politics was the principal bear argument An unusual advance lo the grain markets supplied another. Wheat for the new crop monms was up 3 cents or more on tM day. or about 3 cents In two days. Heporte from most of the crop experts were to the effect that winter wheat was In none too good condition and some of the Stock Exchange houses which do btisities with Chios so were advising their customers to get. out. of hocks and go in on the long side or wheat A great many accounts were switched In this way and the advance In wheat thus had an unfavorable Influence on stocks en tirely apart from the sentimental effect of an upward movement In the grain mar kets The grain houses had a second argu ment for an upward movement in wheat In reports from Canada that the supply had been greatly depleted liy exports. London's business was mostly on the ellinc sld" It dealt In about 3000 shares aod most of these werH sale. VWnulpeg sent despatches thai were interesting but were pronounced untrue. Tbey said thst James J Hill and his asso 'later had bourht .no miles of lake front near Fort William, Canada, and proposed to hulld big steel works and bl.ist furnaces. Some people were Inclined to credit the report, because the Crest. Northern has given most of it business to Independent steel companies since the 1,'nlted State Steel Corporation abrogated the lease of tho Clreat .Vortbern ore land, (ire.it Northern people here said the report na absolutely without foundation They pointed out that th" expenses of manu facture nt Fort William would be pro hibitive lieeause of the long haul for coal and ie-nl!ed that .Mr Hill has repeatedly declared he had no Intention or jolmr into tne oal Miitlnoti The full thimnlilet report wa not ready for distribution at the annual meeting or tne central Foundry Companv yester lay Preldent Catchlncs talked Of the company k huslnecs. In part a follow J "Wo arc at present teetlntr further hat we i have regarded as most valuable ore prop- erty, mat at rnpilman with this ore and I the ole w- ure now making we should , be in n position to make pic Iron at lok icoi Durinc the paf year the comiany has not been able to receive the ultimate advautngs of moneys raised in Connection .villi reorganization for Iho pnrpo.e ol Improving nnnufacturlng methods and cort lirge improvement . Iinve been under way for some time, but the lesult of these improvement will not be felt until the latter part of H12 " Ccorge Batchellor of Ratchellor, Adee A Kawlinshss tnen elected a member of the Stock F.xchange. Frank Trumbull, chairman of the Chesa peake and "Katy" boarrie. will leave on Monday on a tour of inspection of both Juicr, Over the Missouri, Kansas and Texas he will be accompanied by the new presi dent. C-t Schaff Mr Trumbull Is optimis tic on business conditions and expects that the trip will confirm his present opinions "Prospects for tho rest of the current year on the Chespeake and Ohio, ho said, "are excellent and the outlook is eirecritngly brlght for big buslnes. Our Chicago line will Le put Into tlret cla shape to handle traffic expeditiously nnd cheaply and we look lora cool development of tneichaiiilie trafllo over thi lint-." OIsciikMm; a roport that Chesapeake might pui chase Carolina, Cllnchlleld and Ohio and I'ere Marnnette. Mr Trumbull said that Chesapeake would abrolntely purchase no new lines. "Thai mutier vv.-i settled before Mr Hawloy died, ' he explained "Ihere was unanimous opinion among the directors thst the com pany should (lev on' lib energies to intensive development and the qtiestlou of acquiring nan- lines w n finally dismissed " THE BOSTON MARKET, Boston, April t?.Copper shires, after Pnln strong, tne second hour de veloped a decldsdly reactionary tendency nd on moderate offerings many of th leading active Issue lost from 1 to 1 point. Vntted State Smelting and ftefinlng was n exception, ruling stfoni above 40. There ' Iiiri4 ,r,th. wtL. ii ii.i...i opuun, ruling strong aoovn to, in ere 'cu h nflr. lt 2 mn. .V'jJre'.hP.? W- -"-ht r-"- " ''"WOO. but loer e.Pn or it K?fc AebalS. tJ5 ff"" Out and prlOM fV ' ' flt0f k E,e,WnM rrk of "ay to a level slightly below th early low zeoutor Chartered 1823 Trustee over "OP THE CURB MARKET. The curb market developed Weakness ye.terdey In sympathy with the decline in Prices on th Stock Exchange. Less support was extended than o previous da vs 01 ine wcea ana quotations reacted rather eaiiiy. if. was notable, however, that, business fell off materially on the decline. Lehigh Valley fell from 3J.1 to J4'W British American Tobacco opened at 24, told down to ?3!i end then recovered to the high point. The copper Shares were lower all round under rather free offering. On the other hand. i nited cigar Stores and Intercon tinental rtuhber were both particularly strong, the former rising points to i?, A sensational rise from 14 to SO In the prU'e of Marconi of America excited consider able comment Bond business was light Transactions In detail In the market jes terdty wer-. a follows: Open- R1ev fig. 300 Am rnrru field .11 oo Allied Mc Co. M ISCO Rig Toiir SO 100 Paldwln Loco. M :oro Rradea Copper. .M SViO Brit Am Loco., Iton Dla field HaUy. i: 3iio Ilia mark Dutte. . 11 33W) Davis Paly Cop... T "lOu Kly Con.. ,vie .VW Pit Pso Cons... 7 If oo I'lrn Nat Cop. .v 700 Florence. UX) F W IVoolsrorth... t4' lion Oretne Canaaea... 9 1300 Giro jx Mining . a 210 Guggenheim Kip. 23 300 Inter llubber... 7,' 1000 tn.p Cons w I ICO J 1 Cne pf k Int.. 102 2100 Jumbo Kxl . 44 :: Ksvjer. 70 MS I.VCoslSCowl ,3ss 310 Marconi ef Am M (ilb 10 27!t 10.40 10.77W 10. SO ' Prev. Clone, ft S2I 10 02i 10 32!, May... 0.7JI, . . s s;i SO 10.10 io.w 0.731,' e 174 10 07!, t en 10.10 10. so .3b ft S2, 10 021, inly Sept.. .10 07', May. .I7.S0.17', 17.60 I7,17lj 17.45 17.121 JlllV., .17 &S IT.S.lj 17. SS 17S." 17 47U Sept,,,7.SHi H.70 17, SO H 30 17 85 Svnn, Haw was quiet Centrifugal 0 test, 4.11c: muscovados s test, .t.stc, Keflncd was quiet. Granulated, 'oaj.soe Naval Stofis. -Spirits of turpentine, 4W". Common to good strained rosin, f 70, THE CHICAGO MARKET. f.HlCAf.o, April IS.-Thls market was affected to soma extent by the weakness in ?ew iork, Sears-Moebuck rereivedl gooa support despite tne pressure. Swift Co , Chicago lUtlwav :s and Street's common were depressed on small offerings American Can issue and Illinois rirlck were ezrsptlonallv firm The bond mar. ket showed no special features, The sum mary: . , "pen filth fralr. Ing. en, UVl Am Can 30',' .o WiUiS: PL:; " M'l ... . ,1, rHC, iuui ., V) Chi Bit nerlrt 34 a rem Fdlsen 14SU M Corn Prod Rrf ., isu HsrtShsfM pf, 1001 M fllinOL brick, , SJii 325 int Harvester. 117 110 McCrum How pf, , rj 10 Nat carbon. 104 40 Nal Carbon pf lis 10 Ouaksrpati pf insii 15 Sears-Roebuck . iwl, iv Stars-Roe ct i:.v: 102 Slreels Pi Car. 10 Ml fiwlfl a Co. 0ii 40 t'Dlwd Doiboard. H MS It SI Steel... ti !i Western Stone. 1: noNnt. 1000 Con Kdlaon ta, lftji, 7000 ChjClly By Is..,, joj; soon chi By ss fD" ., , soJ ieM eivi vat . . M P4SOO HO ilorrli 4lts.. 1 H 4 34V, 14', 301 , 104 lit ism I23l4 10 104H 7,' i: iruW lOJ', lH M Loir eit 3'i 110 44 4 Ml, St', lis in 104 lis lOsi, UHta ia'i a 104 ,oW 12 in: Clos- Sl? 11 .ov, IOI lie iom 1. mn ft 101 7o' II IA3H 1014 ttS M Mr Trumbull will spend about n month on the Impcotion trip, linjnr over tin Missouri, Kansas and Teias ho and Ml SchaiT will decide what improvement the road needs and It is prnbaole that this de cision will be followed by some new finan cing No hro lsue f contemplated, probably not more than $;,ii0o,ooo will bo raised The directors have t.t their dls lioral ll,f.vi,wy notes, the unsold balance of ne.oou.ouo ", ier cent, two vear notes authorised lsl year, and probably these w 111 he tin pccurlJe offered Otherwise the company niiithtniakn nn offering of a smsll pirt of the "is.'i.ooo.noo 1 per cent consoli dated mortgage bonds authorised laat year It I unlikely that tho 1. mount ol the new flnancin; w 111 oxeced i2,0oo,ooo. It Is prohablo that a small amount of new financing will bo done by the receivers of Pere Marquette. The company needs money to pay taxes accumulated to the amount of 700,non. riailroad earnings have recently imroved and the receivers ar" confident that they can meet all other floating indebtedness from the earnings of the company. Gross earnings have latterly been running at the rate of shout f,o,ooo a day and Newman trb. chairman of the executive committee and one of the receivers, is of the opinion that the com pany will not need to issue more than II, 000,000 in receivers' certificate before the completion of the reorganization. The annual exodus of bankers to Europe Is beginning, James N. Wallace, president of the Central Trust Company, sail next week on the first long vacation trip he has ever made He expecta to be gone about two months. Francis h. Rlne. president of the Vlrst National Bank, and Mortimer I.. Schiff of Kuhn, loeb A Co, sail to-day, each to be gone about two months, George moment ha I of Lazard Frerea will make his departure In about two week. J, p, Morgan and Henry C. Frick have been ah road most of the winter. The time of Mr. Morgan's return has not been mtde known Mr. Trick will be back in about three week. On Wednesday the stock of the Marronl Wireless Telegraph Company of America was mioted most of th day at 4-.o, bid and asked, with sales at 4. Thursday the stocK opened stronger, 4S-M, .tumping soou to .M with a real sale often shares at m Quotations were noted to he usually In flee I and fen share lots, the larger transaction I evidently being done privately without report Yesterday the stock opened about like Its Thursday's close, but pretty soon It waa notable at si-60, with a great mnv transaction following along between i nd :. Around 1 o'clock It suddenly Jumped to io-io, selling at 76 A great many very small transactions vrere observed and It w presumed that there were fame flry targe ones between 70 and mi, Fie or ten shares were known to have been done at 81 The close waa given at ,.o These figures are from the curb market, therefore in dollars, not ir cents. The par value or the shares was changed from linn 10 tn on April is. imo. and on April IS this eer they are going to he changed again lo s'.wlth rights to subscribe to new stock, "from time to lime" following, "he company has never paid any dividend. A iiMjuilty .iirtlnd or it is owned by the Kngllsh company of similar nam. Its stock has been strong lately, too-frora !i to )( in pound for on pound ordinary ion M rtumelyCo. icon Manhattan Tran 1400 Mp.lng M Co. . 240 Xevsda HIUi. . . loo Ohio Copper 1100 Pacific fine Iter . too Pret Han feme.. MO Porru Northern.. .100 Porn fo'jllirrn... 300 Porcu Ctntral.. 7 7) J lteynold. Mi's '! , ft-33 . II . IS 33. 10 A', :t High Low. Clo. et. e.i. ing. .11 .14 31 .? M SI 1 SO S M ,V, ,-.J . M. 31 33g 34 13 11 13 11 11 II 3 113 IS 113 IS .via , 0 7 AO 34 3' a 3', V. Vi K 771, ;Vi 77J. ' II ft m 330 33i 73 17'a I7' I7'i i' tr- it; lA: 103 103 4) 4 1 43 43 13 70 73 3M 313',' 2l,' SO ."4 AO 111 lit IS 1 IMS ftft'i t'( M', 7 1'SltSI s' s :'i 3 7 1 3', 1s Vi 1H ft-33 8-33 ft-33 11 11 11 1H IS IS 33 1 33 IS 33 18 f.'j V, Vi prlf. The close wa uncertain and fever ish. Industrials and rails were etller, 'I he summary. Sile. is Adventure 300 Aigomah iso Aiiouei..., is. Amsi Copper. , . Am Zinc . Am zinc rights. 14 Anaconda , , 30 Aria Com 300 nananta IMO flutte Snp. . 7(0 Cal Aril . 13 Cal A Heels ,. 73 Centennial . seo chiao .. ISM Chlsn rlf nts ... lilt Cooper Rsilge... CO Daly W est , .. pas Ei Butte. . t Franltiin . tjao Olroux. 2S7 oranby,. , 420 fireene rnanea, ISO Hancock 400 Helvetia ,. 71a Indiana lis Inspiration.. I IHaod Creek Wand Creek pf, 2S Isle rtoale.. . 2 Ken Lake ,, . SiO Lake 1:.', La Salle. . 2M Maoa Valley., 1013 MavSnner . , 30 Miami . 47 Mohawk 15 Nevada Con ', MpUttng 3IS New Arcadia 3770 North Butte M North Lake.,. 426 oilbway. .. 330 Old Colony ... . 230 Old Dominion. ... 30 Ofceola . ., 300 Pond Creek... Open. Int. v 44 SIT 37 , 3S 3 J2!t' lio Lo CM. 7I J'i .a1- sji; Hlth- ett. .3.V 13 4M 224 2', .41 ; i u ..u si'f 73 4M 31 313 31.1 sop Mivrr King Con. 1 1 I 1 1 la t MA 1 1 1 ini P 33A 43.1 wo M.idebskerCo.. 4ot 173 st-idebakcr Co pf 87'-. M Mand Oil of N.J 110 Stand Oil of N V m mil) Jiteirart rno ?outh I tab 1 30 Tono vt of .Nev . 7'. 7 13-IA .'0 Tonopah i:t 13 1 131A I Ml fnl Cigar MfgCo. M"4- fi 10W) Celled Cltar Str.lH 17 1300 IVettlauferMlv U. sj A3 Si fVi SM 191 17-1 I 7CO Yukon Gold. 39 430 1 7 713 IS I'a t 1M 14 A3 A3 3II-1A31MS311-1S31I-1 BONDS. A3O0O Chi HI 3 . 8,' 8V, 8e1 sono InspConsroavAs.105 n- 1041 j OioOo National Tube 3a. lotli 101'i tOl( S7M00 St Paul 44s. . .101 104 Idas 4000 Urstero Pei... ss mi4 m mi 101 ifli u 103 CUR1 STOCK! CLOSING. Am Coal Piod pf Bay State Gas Braden British Col Copper flrltUh-Ara Tobacco.. llirouv. t.r.-ene Cananea Guggeahelm Intervon rtubber... .. Insp'railon Cons Kerr Lake ehlgh Val Coal .. . . La Rote , , A. U'jies Co of America.. Xla-on Valley . . Manhattan transit. .. NtvaJa Hill. ... ... .VIplMlng 1 Ine .... Porruplne Central, rtiy Copper. . Standard Oil. . Standard Oil subs. Studebaker Studebaker pf Tonopah Mlalng. United Cigar lift., . Untied Cigar Stores. , Woolfforth .. . . IVoolworth pf , Yukon Gold. ,. Yesterday. Bid. Asked. .10W 110 .- H '4 . . S ,. 3J' ,. St .. Sit .33 7'.' . 1'4 21 3S Bradea 9i . Chi El 3s Inspiration Cons ts. N Y City 4WI Toklo Ss west rse St. . . in. . Vt .2 7 I . !S S73 4M ,. .100 . 7' . M',' li , .. 77 .. ..Ill .... SS BONDS. ...,II !i 103 ...103 t4H . .. A 'S 34 TS t 22 1 y 3 247 SS,- 3 I3. 2 Vi ' '' 3' 90 494 40", 101 A 5', 17 7t tim 3'i 121 torn 103! W Ml, Thursdsy. Bid. Asked. 109', HO H ii S B 334 IS',' 18'i 3S 3U 3S si; 12'.- Vi 3 3 7-lt 2 3-1A :,', i'a A H 33 1 30 3 2U 3S 3'i 13'.' H 3S S73 43 Kl, 7 7'. ASif lit 77 111 3 ll-lt 118 tH 103 103 811. tt 6'j 3'J SIO 4JS 4P', 81 7't '' 1M ;t ui'i 3'. 171 lOSS lois 81', 't 2S Oulnrv. sto Ray cen 310 Santa F' 872 Shannon. .. , 40 Shattuck ino South Utah ... 10O Ml Mr t Land... 430 Sup 4V Boston. . siO Superior ... . -so Tamarack... no Trlnliv . . SI Tioiumne .. S3 Union ltid . 14? t'.s Smelting... IS t' S Smelting pf. tiw Utah Con.. . ... 3to 1,'iah Copper. 20 Victoria 20 Winona 30 Wolverine ., . 3io vv ianootte .10 ei 5f, 11. 9 i-in a i-in aii MU Mk AS 1 IS 8 3-tS 30 14 7 3J'l 3' 41 ll'i !ti 20S to', SIS 117 I.V, SI ID'j 13 V u Vi 33 30 S.l tifj 181, ar 27', 14! 3i A3 30' :h : V4 . 10 . 34',' .117 . IS'i . S3 . ift'i . ll'i 30 I . U . 2'4 33'S 3ft' , H . It-IS ' 40' . 4t' . 14 AS'( 7 113 ClOS- to' .a4 v 7.1 43 43 A4, .St S3 tW 44 S7 r.4 3' 4. A4 12 t '! ?A Allt 20 ' 31'. Si't I4' 1 J !A 2 7-IA2 7-M 32'i J- The FlmGs, loan and Trust Company, Not. 16, 18, 20 & 22 William Street. Branoh Office, 475 Fifth Avenue, New York, TrtTslin' Letters of Credit. Administrator PARI8. 41 BonleTwd Haism9 Foreign Exchange. Guardian ,12 14 IM, i; 41 S7 37't i:; Hi 314 A4 20 A 32 lH M' 117 m 18 3't 30 3ft1 , 3,3 ll-IA 3 SO',' 4 H'i At'l A 7 II 7 3' t RAILnOAD STflC.kS W Boston Klevted.,l3l'( 131 ! n itninn fx aiainr.,. inn 100 C R I ft P .. ., Wit 17 Fltrhburg pf.. . 1331, if. Mass riec- . . 21 10 Maw Dec pf. . 8SU' .'. Mass nee stmpd.. at' ioMim flee vvnt. 7 72 Mass filer fr wts. .20 I33.VYNH4H . .1.1 I Rutland pf.. AS ton Union PaelDe 172 lo 'i rmi si n rt.. s 13 " End St r R nt. iom ion 3i 175', 21 ?' .30 13l'i M 173 S3 lot i Its Am Agrlfhem. 74 am Acricn pr . 10 Am Pneu Svc. . As Am Sucar.. . is Am Sutrar of. 4 Am Tel ft Tel. 101 Am Woolen pf... 10A FaM Boston Ld. 112 i:auon MISCELLANEOUS At 100',' ' I2' 111',' 14S1 . 81 Ai'( .is Ga rty Wee pf...l2.V,' 'tra r.ircirit:... 171 . 87 . 3'i .1334 ft Msaa Gaa.. sa Mas Ga nf... tnm VeslranTel... . no Minn Gen Filee.. 20 Vorth Texat nf. Ifli Pullman leiH so Reeee Button 17 so Reere Folding i 7A Ssrtf t ft Co 104', ft Torrlngton sol, t Torrlngton pf... 30' j 2) United FTult . ..14 13 United shoe... 61 A United Shoepf.... 3 4SS7 U s steel JU 13 US Steel pf... . 112'. BONDS. tsnon Am Tel ft Tool 4a. sntj 30om ArtrComlStetft.. 7 low Atrniton sij 4i... aw-i no4 .'.VII A G ft W I Ss.. 7orjOCBftQJI4t M'4 10no Mast Gas 4',... ea MXO St L ft S F 4a.. 7fti CUBB STOCKS. CLOSING PIltCFS. Hid, ASkea. SI IOO' I2ATJ 133 I43'4- 81 14l( 20 135'j 171 S7H 87 3! 134 8 lls 17 104 'J SO"., 281, 13 31 29 7I' 113 81 S3 80S km; 87 78t 38', 4', 14 :' 13l 190 3 123 21 "V .30 lit fit 173 S4 101'i fA'i ion's 'i 127S I7I, US', 81 11 27 Vi'i 170 8 87 3 132' 8 ISO'S 17 4( I0IS 30, 38', ISA 304 28 i 1137s 80t 78 vo'i ',- &' 08 7 3ftv s 3T :8's 411 14 A7'i ft Ala lia. 3H I31U 12, 11 estj Alt, 7 .50 ItSta AS 172 I 1011 sow ion 4H 1271 123 14.U4 m 14 2A7 lll4 111 02 VI .1 134 t 104 104 , 30W 281, SOW 87i ll 81 SO AS! 10 80 70. INDUSTRIAL EARKINQS. AMHRICA.V TELEPHONE AND TELEGRAPH COMPANV. Famines report tor three m,mh. a4 ....... . ,oi. . .. . ....... M.(U tan Dividends... . t3,OB3JIS37 interest and other rev -enwe from asor1ated romoanlea. . 4 m. r? 1 riepnone irame (net). 1.J2S.K4 t7 1012. ti,Si;.B32 08 Krl estate Other so'irces. .. Total. Eipm.es. Net earnlnr. Deduct Interest Ftatanre Dividends paid Btlante ti.soo.sA.VT2 BELT- TELEPHO.VB SYSTEM IN STATES. Amertesn Telenhena and Telr and associated holding and Operating companies V'T"1"'1 "W- "0' laelwdl conwtea . hUnl.W "PPI.WJ0. niontfts ended Febru. ary28.18l2. Alldiiplleailoot. tneludlnc Interest 14.110.07 141.SSl.31 t8.UU84.C3 42.47.M t.3M.77.1 . l.t-va.-st i t.A34.473 .1A 3..U.1.78I.AI 2.8IA.8; 44 l..'7.ao IS.AS1 21 110,4.18 AS t0..V.1..'VV S.1 I.I1.M8I S tftJOS.18103 I.elTjVI.Sl I7.AA0.700.M ",J0JIJ,. Ahmeek .. . Bay State Gas Bohemia Boston Ely Cactus Chemung iiavis-uaiy Firtt National Copper I.a Roie New Baltic Oneco.. , 7iaven... Rhode Island Coal. South Lake 2A3 300 31 30 . ',' 3U . 2 24, . 13 IS . H M, i'i i! .331(1 34 . 34 3 1318 . 3't 34 . 2T, 31, 40 42 . "I, THE PHILADELPHIA MARKET. PBlLAPF.LrHtA, April IV. The market here was generally steady. United State steel declined In Sympathy with the Netr orlt market, but aside from this prices were but little changed as a result of the dsn's trading. Philadelphia Klectric was the active feature. Honds were fairly acuvc. 111c summary Sales. 700 Amer Can, , 33 Amer Ryt . 23 Cambria Iron 7A Cambria Steel. 70 tier storage. 310 Erie. 1(0 Gen Asphalt . ., 201 (-n Asphalt pf. 10 IDs Co of N A 30 tnterboro. 134! Lake Superior JO lb Nev stock IA Ub Nav etfs . so Leh Valley. 130 I'a Val Trans. tl.A73.A33.48 UNITED dividend and other payments to American Tele PSffl" A ""graph Company by associated m-.,w,m -.uaipsaira, tun VSCIUdeqi: Gross rarnlngs.. Einentes: Operation Curreni maintenance,, Depreciation. , , Tairs,, , Total espentet... Net earnings.. .. Deduct interest , , Balance net proAtt, Deduct dividends csll mated for tne months. 1811. t2a.a11.oea . $8.74134.1 .. 4.401. aw . 4.4M.I4 .. 1.433.314 t3O,04A.3 ts.Ml.224 3,324.072 lyii 131, 148. IDA IO.220.A43 4.80S.A77 A..M2.3.VI l.UI.8r, IA.03A.AJ) 4.1S4.A78 t22.l20.n4S t.02S..V,l 2,10.11,3 t.A4A,438 4 SA.tl3 Surplus earnlncs. tl.Ml.87l ll.osi.34A The uneApeaded portion of the provision mde for depreclstla for the tlrst two months of 1012 was t2.M.430. which ts not counted at protltt. but remains as a reserve for future replacements. DAILY TREASURY STATEMENT. WwotOv. Aprtl I2.--The ttattaitnt of the Reeelnts ... EtnendlPires t,'Wa!i' Th'. ipontb. Fiscal vear :.7M,SM )2.t,7M t11A.A02.ftM S3S.873.t03 Surplus, t.0a3.Def.t,440,WDeftl,l7j2AO ., jr,'..!7r,,-p' 'r?m ""tons mttrdty were fi'LV0- 'rom lot'rnal revenue, ordlnsry, U73.01: corporation tai. 110. its. tad mi.cVi iMeous. tA7j.4.vv ..Nauentl tSaW ooteV T received for redemption, tj.tttjoo. Ths cm ttateracni of tbo United Statea Treat urer for April 11 thnwt: nBSKnVE FUND. Geld coin and bullion. TRI'ST FUND. Tn rdem outstanding i-erillcate , . , GENRRAL FUND, yon rnoi vilver dollars Gold rtrtinratet, wner uouars Stiver eertlncaies United .itales notes National bank notes . . , Certified checks 0,1 banks Total Drd'ii't current liabilities . Working balance In Treasury In national banks Nlver bullion, subsidiary silver and minor coin A ailing reimhuttement , Cash tialanct Iivi.onnooo II.V'O.OIJ.MO :.7T2,.-i H.083.I2I ft 314 733 Of.M.r; A.OO.',(S1 A 01.881 I.0IM..1I4 H44.Aai.flAt 77 ,S 8N 17 CO', nil 33,tn,iiM ;a.r4.i.i4A ,47,707 Ut.0M.Kt nen inir. 3At 44 8" M' sr- 82',' 31't 20' a 32 S.1 9' 32 13-IA .. I2's SO Leh Vslley pf. .. 38'., 70 Missouri PaclAc. 43'. 31.1 Penn R R 2t .-i Penn Steel rf .. .101 SOPWIaCo... MS .v Phlla io pf. , . 41 137A Phil Elec... . 14S 300 Phlla ItanTrctfs. 2S' 4on Phlla RTlocU . 2J'I MOO Reading. . . . AJ. Itft Ton Mining 7't 1S48 Ton Belmont , lo'a 10 Union Pacific 72', 331 Union Traction .'Ol. SI United Gat Imp . AA 4SS7 USSttel... . Ilt BONDS 1 1 3000 Am Gas ft Fl .'A . S7 1000 Ail Co lias As... ftl'i sono Baldwin 1-oeoSi,. lOslJ 70O0 ( in 4. 141. . 1011, S00O ElecftPeo4s.. .. As ,vwi 3mti. r ft C 4s.... 841, COO IUe Sup Ine AS. . 7 soat Us Vl gen 41. ft 1000 Pen Pass 4t vV-i 1100 Phlla Flee 4s ... , At, i'..i r-Diia civ- fowl at.iut S 04 S' 7 8 821 A3 10. 00 reading cen 4... CA't Mt 13000 SlaodG ft E Ss... IOOi" 100; J IMMrt Unit Ry5 . A3, A1J 1U. lUllbll'D A., , 1M ei High est. 3ft' 44 437, 44 MW 3A', 31 nli, 21 '4 Mi X A8 A'i S3 !:' 3ft H) , S3 10J MS 41 IAU 3.1 A3H A 101, IJS't Ml, A 71' ii, nil, low est. 3S 44 iV A3 S7T4 A3 '-J 31'J ;oi, 3f.t S M A2s 107 H 41 lA'l 33'J M 7 101, 17:;, A7H A8 JA '' A3 1, 101 8AU 100" 5s" 81 Clot Inc. -tT- SAW SA 10 ai 301 1 31 T, AO 89 SI,' 1315 : 43 A3ft 103 Mis 44 11, CSV Ml. mil Aftt! 7 BIS. a Si!- 101 t looU Mil 81 Corner Banking Room For Rent from May 1st 115 BROADWAY Recently Occupied by the MANHATTAN TRUST COMPANY About 4,200 Square Feet of Ground Floor and Basement Space. tComplete with Vault and Fixture Apply to Agent of, Building, your own broker, ur Horace S. Ely & Co., 21 Liberty Street. TO THE STOCKHOLDERS OF THL MiwYork Harlem Railroad Co. At a meeting of several large stockholders of the New York and Harlem Railroad Company who deem the offer or SITS per SM share of Har Ism stock iy the New York Central ft Hudson River Railroad Company wholly Inadequate the undersigned were appointed a committee tn act In their behalf and to protect their Interests. Other holders of stock desiring tn art through sod with the committee mar communicate their purpose to the Aeeretary. JOHN S. SUCPPARD. JR.. ESQ.. AT NO. 0 MAIDEN LANE. NKW YORK CITT, giving names, addresses and number ot. shares owned or controlled. The Secretary will furnish full particulars of the plan under which the Committee will act. HE NUT EVANS. Chairman. P. r. BEDDAIX, GRAHAM F. BLANDT. ALBERT W. H1HOLLE, EDWIN TBORNE, C'omnlttee. DIVIDEND DECLARATIONS Company and Term. Stock. Rlnghaimon Light, quar terly pf. Blnihamton I.ltht, quar terly com. Claniu II, B, qusitsrly 3d pf. Hanin H. 74 , quarterly 1st pf. i eliimbus Rail ay pf. Phlla, Warehousing... Plymouth Cordage, quar terly United Mates Kxpreta, aeml-annu.,1 Washington Virginia, itmi-annuai Aim. rayahlt 14 April IS Washington-Virginia ,-iicuiwain W H ten quar- Pf. com. l tl 3 3 2 April 1 May 1 May I May 1 May 1 April 38 May U RECORD PRODUCTION. March Sleet Flstirea Exceeded hr ThtMe of April 9o Far. With the Increase of operations bv the l'nlted SUtea Steel Corporation to over 0 per cent, of full capacity and with a number of the Independents conducting operations at wo per cent, of capacity the first two weeks of April bid fair to set a new record for a fortnight's operations. The Steel Corporation turned out l, 300,000 tons of finished eteel in March, or at the rate or ta.nuo'ooo ton a year, while so far this month the rate is as high as lt.eoo.000 tons a car. and it may go higher, a new orders have oeen received that would warrant opera tions at close to fun capacity In nearly every iniu ana plant. It has been unofficially reported that the long pending orders for rails for the llarrl man line have been placed as follows; 40,000 tons from the Colorado Kuel and Iron Company, 40,000 tons from the Tennessee Coal and Iron Company and 30,000 tons from the Illlnolsflteel Company. The CnlonPaclfln and Southern Pacific have Inquired for O.irto cars, Including 0,700 box cars, l.cou refiiger- aior cars, mi gondola cats. 700 Hat vaie, 00 stock car and oo work cars. The Erie Railroad baa awarded contracts for double (rack work which will be .fol lowed by rail order. The Seaboard Air Line will buy twenty-five locomotives, 1,300 freight ear, twenty-five caboose and thirty all ateel passenger cars. The Canadian Government will purchase ti.'.'ifl.- 600 worth of new equipment in Canada, although some or the resulting steel onlets may be placed in this country. The elec trification of the New Haven tines from Stamford to New Haven will entail the purchase ot new equipment and Incidental for construction that will result in eteel order. Shipbuilding operations have caused orders for 10,000 tons of plates during the last week. The contract for the Oiirtl. Pnhll.l.lnr- Cpmpany, building at Philadelphia when placed will call for from t.ooo to 10,000 tons vi nuuviurai Bievi. Export of various steel produrw Mnce April 1 have been very heavy, acareirtttlnu- over 100,000 ton. Although not generally met, some or the rlttabiiri; mi ls have lnorri h of steel bars to ti.30 per 100 pounds, (iitl- vanireu sveei proaucie nave tieen inrlhor increased in. price to fl per too pounds. Black sheet, have alto been advauvcdacnin. now selling at 11.03. The lonnessee Coal and Iron fninn.ni- has sold en.ooo tons of low grade Iron to the 1 nitea Mate i ast. iron npe and Koundrv l omnanv . Iron prices in the fllimlnc-li.im district have risen to $io..so rer ton. with $10.73 a-ked for third iiuarter delivery nnd til for fourth. NEW COURT CALENDARS. Appellate til vision Order Changes la Rale to Arald Delay. Amended rule for the trial term of the Supreme Court were announced yester day by the Appellate fHvlalon of the Su preme Court to carry out recommendations of committee appointed by the Bar .asso ciation and the New York County Lawyers Attociatlon, Tho organisation deckled that on cause of the law' delay haa been the rule regulating the calendar or the trial term. Under th present rule of calendar practice three calendar ar mad up and theae esse are called In three parts of the Supreme Court and aent out from these part for trial in the other parts. vnaer ine. new niies earn or twenty parts of the.T rial Term of court Ik to have Its own ALUS-CHALMERS COMPANY To the Holders of Certificates of Deposit Issued by The New York Trait Compant t Depositary, under Ihe Preferred Stock holders Protective Agreement dated Ds. eember 14, lot I, Issued for Preferred Ktork of the Allls-rhslraert Company! The Preferred SI jfkholders Committee, pur suant lo Ifce terms of Hie Preferred Stockhol.1 ers Protective ,ir.-(e:nent. dated December 14. 'Oil . on file with Tie New YrU Trut Coiiptnv as Depositary, herov kIvcs notice to holders of the above describe I certificates of deposit that ihe Committee appointed under said agreement by holders of Preferred Slock of the .Milt-Chalmers Company has approved a Plan and Agree meat of Reorcanlintlon nf the Allls-Chalmeri Company dated March It. 1012. constituting -tan-.es N Wallace. Charles W. Cox. Alexander .7 Hemphill. It. Walter Leldi John ll. McClemen'. W. Cmlen Roosevelt, and Fred Vogel, Jr.. a He organliatlon Commlilre. and that a copy of tall Dan and Acreement of neorganlratlin has been filed with the Depositary, at It olice, Nci. 31 Broad Street, In the Uorough of Manhattan. In the City of New Yoik. I Holders of Certificates of Deposit l;s(id br Tho New York Trut Company, as Pepoitttry. under the said Protective Agi cement of Decem ber II, 1011. shall be conclulvely presumed to have as'-cnted to said rian anl Airceir.ent ol rtcorganlratlon unlns prior to May 15. 1813. Ihev shall havo filed with the Depo'ltary written DOM'S of their dissent therefrom, specifying the due or dates and the number or numbers ot the cer tificates of depolt held by them respec lively. Stock represented by the respective ceitlficatev of holders will upon as'eat to said Plan and Agree ment of Reorganization be delivered by tne under signed Preferred SStorkhohlcre Conmltiee ti thi Central Trusl Company ot New York as Dcpo1 tary under said Plan and Agreement dn.l .vlli thereupon become subject to and thereafter b held and disposed of under and by vlrlue ol tall Plan and Agreement of rteorganljailon. Holl ers of cerllllcates of depolt Issued by The No v York Trust Comninv under said armament ,,f I December II. 1811. If assenllnz to said Plan of Reorcanljailon. must surrender their icrtlOcalr1. to the Central Trusl Company of New York as Depositary and pay ten tier cent, uf Hie asses' ment payable under the I'lsn and will therejpan receive i-ertlflca'es of deposit Issued under sail Plan an.t Agreement of Reorganization of VUren 18. 1913. Ic case tho sail Plan aud Acreamcnl of neorianlssilon Mial! become effective, any Depositor holding icrllllcaie of deposit under the provisions of ld Protccilve Agreement vrh 1 shall have flloJ notice of dissent therefio.n mav within lendaysafler May IS. 1013. withdraw hi. Preferred Stock from deposit upon the nineader of hlv said certificate of deposit therefor, anl upon payment of one-half of one prr cent, if the par value of the Preferred Stock so win drawn a his proportion of the expenses of t.ir Committee to the date of withdrawal. Copies of the Plan and Agreement of Reorsar.i ration and of a circular la.ucd by the Reortsn. ration Committee dated March 3d, 1013, ca i t.e procured on appllcaiiou to the Depositary m lu said office. New York, March 37th. 1913 CT1ARXKS AI.I.IA. Chairman. iATI--4 14. -Icr.ARRAn. 41. F.Ml.KN RHORK1ELT. M. .V BUCK. bit. A Majority of the PreferreJ Stockholders CommltU" CHARLns n. HAVIMJOh". Secretary. 3A Rroad Street. Hex Yor STKONR A CADWALAD11R. 40 Wall Street. New York, Counsel for Ihe Commltiee, Till: NEW YORK Tlll'sr COMPANY. Depositary. alsndar. Th chief arannient in funr of the new 1 rule Is that attorney will have a more denmte.ldea.when their cases will May May 1H May 1 COURT CALENDARS THIS DAY. NRtV YORK COUNTT. Appellate Division tiuprem Court Re cess Supreme Court Special Term Part II.-. Btfore Plattek, .1 court opena at 10:10 j, ?i r,v pane mailers, urrogalt't Court Chambara Bafera 11. halm. P Will for probate, Charles fandars m City Court fpe-iti Term Part II. Be. fort McAvni. J Court opans at 10 A. M. Ex parte matters. KIM. COUNTY -upreme Court--Special Trn and Cham hr Bfor Maddux, .1 Court op.na tt .0 A. M Moilnnt. Before Ptapleton. J, ' rarle husln.ss. Hecets er Appnlated. ,.1-upreitia 1 ourt -rty .luttlce plslsek llepiv Heller v .tons. Well, Davli H. r. Jiian Annie Wehbt vs Win M Klemlna HnJ Palm.r. rt) .lusilce nischnnCaih A Mci-.ulre v Simon t-chafM, ar rtn Mo'ur I,, f. a pre la e Court Caleadar 1 w.,it'M,l.N!vrVN. A'rn I" -The day nil In the l'n1ie1 Wutes Suprem. i'n"f, .Monds . April lit ,So J iand las. TI ind llV,'' MJ 5. be retched tud will not be compelled to rriu.111 111 me- i-usii nvui. Mivrr.! iiays with wltneeses and litigant without, know, ing exactly when tho cases will be reached for trlsl, Under the new rules, which are effective on May 1, there will he two calendars, known as general calendar No. 1 ami general calendar No. ?. the first contain Ing all tort action except action In eject ment and replevin and. to recover damages for the conversion of pertontl property, and the second all other cases. These calendar are to be made up from, time to time a ordered by the Appellate Division As new action ar noted Tor trie I they ate added to th cslendnrs in their order Not more than three dv adjourn ment will he given because of the engage mtnts ot coiinael. except by the court or with the consent of all parties to the action. Not more than two actions w he held eady oa one trial calendar for the same attorney, in addition to the one In vthlcli be may be engaged. To the Holders of the First Mortn! Serial 6rc Gold Bonds of tho Indian Refining Company. Notice Is heicby given mat ihe Ran'er Truv Company, e.s mh-i rsor-Truttee of a nots-are dairt March 37, 1KII. made by tnc injl.-o l.c tcliiu- Coinpanv lo Ihe Mercantile Trut j'nm t'M:i n Trustee, will lecclve .ealcd propoas for (he sale to It, nn Mo r.r.1. I. ot ponds te.-urel bv tali mnrtracr. .iiffclem In amount 10 cxnanst t.ic mho of H.VM4 01 In tho blnMnx t-iind account, at a pi Ire pot esceeilni one nun dtei and fo per -entun' 'PC r of ice prlnelnsl. anl erctuei Inlerci nf s'n-n Imuds. 31 provllel In M lid. V of MH mortirr BANKERS TRUST COMPANY, Sucoesor-TTU5t3fi ruled Neiv York. April " STATK OF NEW YORK. BANKING DEPARTMENT. Notice lo th Creditors of the Hvctlilur Building and Loan Association, new lork. N. Y.t Pursuant to the piovtslnns of Section it n ths Backtna Law of the State of New York, bring Chapter 3 ol the Consolidated Lawt as amended bv Chapter 453 of the Ijsks of jtn, notice Is hereby given to all persons who may have claims against the Excelsior Building and Loin Association. New York, N, Y to present ine tame 10 ine unnersignea. auperintenoenv ni ft wav. 4th. 11! Banks of the Slate of New- York, and make !egn ling i"- oadw iv 1 GEORGE C VAN TUVI., JR., proof thereof at the offlco of tlio Ranklnc hartment of the Stale of New York, CO Broad' .-ew iorx cny. r. v.. nn or oerore xiav Superintendent of Banks. Dated February 3d. IUI3. TO THE HOLDERS Or AMF.R1CAN RTEKI, 4 ASTINIJ 4 0MTAM first mortgage Bonds: Notice Is hereby given as provided In VHlcle I of the Indenture dated Nuv ember I. H97. fecurlnc the above bonds that offers will be rerelved until 3 P M. on Friday, the Itthnay of April, 1413. at the office of the undersigned at Its office, 3S Nassau Stirft. New .ork City, N. Y , fct the sle 01 suf ficient bonds at not exceeding par aud accrued Interest lo exhautt the turn nf if. Vim; ofieri should be addressed to the rKllisT DEPAKT MF.NT. CI' A RANTY TRUST COM PAN V Of NEW or.S, Trustee. April 3, lIJ. A J linurim.L. Preildent. Heferee Appointed, Supreme Court Bv .luttlre Bltehoft Frley Peher, Chsrlt N Morgan llahnt msnti Hospital vt Devlin. I'htrl.. 7, Mnr can, riorwni v i.tiy, naries ,'jorntn pimier ni r.ap. Anain m itn.r n Patjek- Matter of McConaugh, iirr.iru. in.n 11 i-iaii: . ii.ury vv ilaiperin va iiarria, fOI Konn, nennenj, aiirrn j rtnet , r. Inst v llrrger, Ahrahsin Mn tlce Braitj Kernellff.) llcilty Co va .Illll tit Hi 11. R f'aart ol Appeal Take a llevnas. ALaiSrV. A&rll IS Tlla I'nurl nf ihh.alt h.. INTERNATIONAL BANKING FIRM requires ferncr- of exper ienced Cable Ork. Writ Itivitie full dotails rcgardinK experience, refcrenoes and salary expected. T, Boxl20Sun. uiriu nnwiK Kini'i: kaii.oiiv r.:, .i; wanted; hfkt iir.r r.iuM ,i r,s. Hitmen. til'.'TI H. STATK Kl'1,1, 1'VnTiri. rl.t KPeVai; AnS IN AI'PMi'ATK'N I! . BOX 111 tetn. PS Jus. SUN OFKll'i:. INVESTORS READ ThaWallSiraatJourna! take recess to April :.