The sun. [volume], June 24, 1915, Page 11, Image 11

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

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1
THE SUN, THURSDAY, JUNE- 24, 1915.
11
I U
fl
COTTON DP DESPITE
FINE CROP REPORTS
Ovnx'l'l Coiiilifion of Market
l hie I" 1'iiHor in I ho
!2-::oi!t'.v.
nanKKiKs ox .itly
DIVIDENDS RAISED
BY TWO RAILROADS TRADE'NEEDS SHOWN
Poiins.vlvnnla Co. And Miclii
pin Cen,rl Announce
Increases.
pni' rvli.h Inl it rnnirivli.it oversold .
. ii iBtM-.iij .mil after Khciwltijt '
, steadi iimlcrlniii IhrmtKliout most of I
hp ,f, .in iiir i. iirlift closed H nn at n,
f, I a. 'I. i i f I t' ' point. TIiIh.I
t V.ii - was 'ill 'be morn liiiiirexslvo
n vifiv ' the fact Hint the weekly j
weather icpon won litviirtiiiic. i ne
l,ureti 'lull'1' ,n'lt ",c week hail been
Mrm. 'h ufTlcIont moisture nnd that
the crop turn- I" Rood romlltlon nml
..it ctilttwitcd In nearly all tllMrlctn.
The only 'citloii woro Mow growth i
n Ok'.ts . tin:. with Rrattsy Acldit locally'
nd activity in ""'I weevil in Alabama,
Mississippi a"'1 Texas.
A good ileal "f attention watt uttrficted
In cotton dplo yesterday by a ntnte
merit attribute 1 to John II. McFiul Jen In
regard to the proposed American note to
Ureal Kr tain protestlnc fiK.iltist tho
tslture of Atnerlcan cotton cargoes. Mr.
McF.ulJen took the view that tho rtrltlsh
ilovernment was exercls-ln Its rlRht.i In
holiUnK up cotton sdtlpmonts from this
country where It was believed the ulti
mate destination of tho cnrRoes was J
Germany
At the mme time, however, there Is a
frellnjr that some pretty stronc repre- '
fcntntlons will be mnde by the State
pepirtment to (Jreat Ilrltnln In the pro- i
test against these seizure-", particularly '
11 cotton has not yet ,been placed on I
the llt of absolute or conditional con- I
traband. These seizures have been made ,
en the high seas and no blockade of j
refilled port has been declared or ,
maintained. The whole situation Is pc.
cullar, although It cannot be said to be
wTthout precedent in international law.
Moreover. It Is believed that the prcs
itire, from the South will be so pro
nounced upon the Washington Adminis
tration that earnest efforts will be made
. ..Main frtnrnMtnns from lre.t Ttrlt-
iln. If there should be any relaxation I
of the blockade there Is no doubt that ,
the development would be hailed as ex-i
trcnely bullish by the cotton trade.
Present Indications point to rather I
mull deliveries on July contracts. This
s not the expectation two or threo .
months aH'. but the decline In prices
torstrter with the dltllcultles nttendlnc
delivery on contracts promises to re- ,
strict July tenders. About 47,000 bales
we delivered on May contracts nnd of
tills total approximately 13.000 bales I
were Involved In disputes which were
referred to Washington. These disputes
tere handled by the office of markets
T.th surprising despatch, and reports
ere promptly made except In such
rases where errors on the part of those
nakinfT the tenders or disputing the,
er.ders delayed tho departmental de
rision. The market promises to show a fnlr
lisree of steadiness ns tho next "u
em d)" approaches. The report will
H riven out July 1, nnd will estimate
the crop as well as a condition of tho
TOP .is of date June 25.
Futures closed firm.
Open. High-Low- Cloe Prev.
intf est est. In. clone.
Jah a 3i 9 39 9i 3twr sin"
KtTi't fl" .Mfft.SS ti;'J 91)
Oelober 9.75 9 79 9 71 9.79ft 9.V) 9.7S
Des-mtur 1002 iom m io.or,too looin 10.02
Jinurr w w H ioi io.iifri4.it loesmoOT
Mirch, ij W36 io. ionno.j losowojj
XU .. .. W 692 10.61 105391064
"Bid
Spot cotton nt New York was rjulet,
I points advance. Middling, 9.60c.
Southern spot markets were He. higher
:o 13 points lower, with New Orleans
It, (JaUeston 3.15c. Savannah 9a,
Houston 9.0.ric, Augusta 9c. and Mem
Jhla I.S7c
The. New Orleans market closed
ready. Trices were;
Open- High- Low- Clot- Prev,
et. est. in. close.
Ml 9 05 .13ff9.14 S07U9M
9 57 9.14 f4t67 9.41f9.S3
!79 9.70 9.T1lf.7 9 7209.73
9 91 9U 9.9CK19 91 9MU9.SG
The Liverpool market opened quiet.
Tere waw a good demand business In
rot cotton, with middling 1 point nd
var.at h.U'l Salea, 10.000 4jales; re
.elpn, 5,000 bales, all American.
I'rlces at Liverpool closed steady.
upen- nun- Low. Clot- Prer,
, , , !nr, e. est.
0il...Nov no 6 3S
'ui-leb. . ., (Mt, s.o; G.P4
Hir-Apr. 6.44 6.CI C 64
Eleven A. M hills In I.lvemnnl wr
July, 9.J:c.j October, 9.73c: January,
10 05c The market there is due to open
to-day 3 to I points advance.
iwceipu and stocks were
He- Last
car.
1,711
Ml
k;
Two rnjtin.uls Increased their dividend
mimmIh e(leldH fliMll Urn iAr,t Jtlii-
Ioum ti.iymnut and onn deferrcil action.
Tho Pennsylvania Company, nil of
whose stock Is owned by tho Pennsyl
vania, Itallrond Company, declared a
semi-annual dividend of 2 per cent, yes
terday, an Increase of 1 per cent, over
the Inst declaration inadn six months
ago. A year ngo 3 per cent, was paid.
Tho annual rate In 1914 ns the rcvult of
the cut last llepember was only 4 per
cent., against 7 per cent, which was
paid In 1913 nnd for some years pre
viously. The Pittsburg, Cincinnati, Chicago
nml Ht. ixiiils, the Pnnhandle, another
Pennsylvania subsidiary, deferred action
on both tho common and preferred. No
dividends have been paid on the com
mon since June. 1914.
"While recent earnings of the com
pany show Improvement," said a state,
ment Issued yesterday, "tho directors
deemed It wlso to defer declaration of
any dividend on either preferred or com
mon stocks until the result of the year
can be definitely ascertained "
Among the regular dividends declared
by the directors of the New Yprk Cen
tral subsidiary lines that of the Michi
gan Central wns raised to 2 per cent.,
n semi-annual payment, from the 1 per
cent, declared last December. A year
ngo the declaration wns 3 per cent.
THE GRAIN MARKET.
J!r. id
Ortotr 9 51
lmhr 9 7S
.'muary 9 2
I nr. close.
6.11 6.14
S 3314 5 Wi
.M 6.5C
(..til1 a.u.
JllTMton
Orlean
Sinnnah
Chirlmon
tnrfo.k
Jilmlrrton
eelpti
m
1U
73
4i;
1.0
Li
121
Stoeka.
170,0t,4
177.5M
f..7W
r,4.S2T
r,.'.M4
ic.cn;
Last
year.
113.SK
KO.iK
CK.OIS
:.!
30.511
13.107
Interior rtocks and receipts were:
'ration
'Utuila
Si Loui
Its
eeipts.
11
f.at
year.
Ml
11
1.131
ll'r.rnn
SesOrlesn.
Ktlm.iled orl
leeri ins to-day
I 'o 10 L'.Imi
IM lu '.u
Exports
1 thu far this season.' S.n?l.B9 hnl
K rIlit k7 S47 bales last year.
Stocks.
f.'.SIl
9.'4
!'.M
31.314
I.nit
eek
97
1.1CJ
Ijt
year.
t.6.;.o
I4.4
17.373
19,270
Last
year.
4SS
PUBLIC UTILITIES.
.J onil'l.ited tstenient of earnings
uint 1 ompsny ami subslillarlos shonra
r" rnits of 1317.653, compared with
r of 1.65 835 for May, 1914, a dsrreasa
If'rl W"' """ A lvlnK of 10.12 was
"t r..i f ,r the month was J99.01H. or
11. 1 J i,m,r than last year. The balanra
. ",!t" and dividends on the
itiii T"1 k wn" 316.31. a gln of
iv'L " " P,r nt. For the flv
III 'I'1"' M:i' l15' declines nra
,n gre. net and surplus com
''h 'hs first flvs months of 1914.
I''"" earnings er 510,523, or 137,574
.... a" '' rear, while nt earnlnga ds
JtiMd tmrij The nnsl ,or (,e
tervsi vt, in 317, or 130.152 bslow the
iV',tjr ,n corresponding period of
flrix nrnlnirs of th Parlflo Oas and
, , ' mpany for April were 11,512,103,
1 Im j,., f Ji2j,79(i, and net earnings
VI ' ''- " expansion of 3117,741
irnp, . Apr) ,914 Tll(! Glance
,'.," " " 3139,641, or 1151,146
i or veiir consumers serveil by
" "Tipn nn April 30 numbered 388,142.
" m of 10 240 In the last four
ra- 4'. of 3! 633 In the past year.
FINANCIAL NOTES.
W Kfh, chairman of the West-
rn K
rrrn
rimr Mnrttrsce llondhnlilers
' "riinltlse, states that a sub
1 ' of the outstanding bonds
nialteil with thn KqllltahlO
1 ilr.posltary for the inm-
'K-n for the early deposit of
.HiiolintN have been rerelve.l
n nero una.l,le in depftslt
iiefnr raturdny, June 26, the
1 'lie roiniltltten. Application
' -o tli,. New York Htock
' ' 'lie Mating of the llqultable
11 ii-rtlllciitea of deposit,
'"i'ii Chlengn that 16,000,50(1
t 1 i,wn Illinois riiewn1 re-
, ' H nr t0 have n lien prior
e- .ir untrue. They are sub.
t'l 1 ",0'lcaiei axri'pt refund-
Tr'j.i .
Ill f.
;''.m r,
'tlr
tav 1, ,.,
' I'
"run
in otln nfi.r lncornoratlon lie.
iin.5'. ' ,. '" ''"ns I. 1915 r.
t ik 0,eher Company. Inc., wr
irif r,P lt 7 n.r ..... ..niiiinllv on the
'fj..
cent
ei "f riihman's Rons. Inc., for
lie.
r
wers
o' 7 nsr ritiil. iinniinllv on the
""k, with surplus more tlwn
pay at lha rata of 7H per
iniuvn ilock outstandlnc
Further Wheat ItUe Kziiurt Hu
mors Coarse (.rains Strong:.
An unconfirmed report, thought to
have emanated In Wall Street circles,
that Sweden or Norway had purchased
more than 1.2D0.000 bushels of wheat
yenterday Imparted strength to tho mar
ket after a lower range of values dur
ing the early session. The bulk of the
buying wns for shorts, although largo
local operators were credited with work
ing on the long side, believing the tech
nical position of the list strengthened.
The export buslncs traced wns 300,
000 bushel", principally old wheat. In
quiries from nbroad were far from nu
merous, nnd leading exporters, who have
often been consulted by Norwegian au
thorities, stated that they had no Indi
cation of the big export trade claimed.
It Is known that numerous ngents
abound In the city, many Imagining
themselves In touch with tlovernments
nbroad. The buying account of grains
for Interests abroad has been system
ntlied so thnt outsiders do not shar In
many of the orders from Kurope.
Nevertheless, locnl wheat exporters say
that they nre continually npproached
for offerings on n million bushels of
wheat by Individuals who are without
knowledge of the grain business.
The English market showed no spe
cial steadiness, although millers abroad
nre again reported absorbing wheat
more freely. Apparently the drought con
ditions over a large Kuropean nrea are
unrelieved nnd more was heard of this
feature. Private cables from Rngllsh
centres Indicate, however, that prices
have not declined sufficiently to satisfy
the speculative element at Liverpool,
These Interests are counting on depres
sion In the market when new wheat
moves freely from the Southwest.
The hedge selling yesterday wns
spasmodic, but the bulk of It took place
during the early dealings and explained
the Initial losses In the market. Bears
also endeavored to force values down,
but met with little or no success, ns
the weak outMde holders were thought
to have liquidated a few days ago.
There were a few comptamts because
of the showers delaying harvesting op
erations In Oklahoma nnd Kansas, while
the weekly Government bulletin and the
Price Current commented on recent
heavy showers having caused wheat to
lodge In the central and northern part
of the belt.
Home milling Interests, whose stocks
of old wheat are very light, were again
fairly nctlve on the buying side of the
list. This demand has gone far townrd
checking recent declines In the list.
Northwestern markets were relatively
strong yesterday, the July delivery at
Winnipeg raining atwut five cents a
bushel.
Corn The offerings of Argentine corn
at New York caused quite a little sell
ing for a time. It wns said that clo-o
to a million bushels were to be had at
prices ranging from 8 to 10 rents under
the basis of domestic corn. The actual
business effected wns placed at only
in, 000 bushels, although some authori
ties Insisted that a cargo had been sold
for Importation here.
The Chicago market broke from the
Influence of the Argentine news, how
ever. Prospects of showers over much
of the corn b-lt led to conntdernhle
short covering and fresh speculative de.
mand. Private nnd semi-official reports
were again bullish as regards the effect
of the recent rains In tho West and
Botithwst.
Claim was made that the fiovern
ment report to be Issued on July S
will show a lower crop condition than
any In the past several years and that
the acreage will be under earlier expec
tations. Oats The list rose readily with the
advance In other markets. There was
some buylntr of tho dererred months on
the theory that prices nre nttraetlv
despite the promise of n crop close to
a record. Shorts were credited with
most of the buying nnd rumors of ex
port business were not confirmed, De
clines during the early part of tho f-es-slon
were ascribed to further hedging
operations and scattered benr selling.
Provisions Further linuiuntton In the
July delivery was claimed for a time.
There were llbernl hog receipts. The
close of the market was strong, how
ever, with support from packers and
shorts.
Chicago prices :
Open- High- U1W. Cloa. Prev
HIT. fat
SOUTH AMERICAN
Rnprospnlntivo of Xnfionul
CHy Unnk IJrjrcn tl. S. Firms
to Combine
!.J)!V!!)I'AT; COST JIIG!
COLLATER AL HERE
FOR FRENCH LOAN
NEW INTERBOROUGH
ON DIVIDEND BASIS
Diri'clor.s Doclnro nn Initial
I l-ii I'rrCcnt. hi.viiir.it
on tho Preferred.
Robert O. Haltey, special representa
tive of the foreign trade department of
the National City Hank of New Tork,
who hHs recently relumed from his
work of establishing branches of tho
bank In Argentina and nrnzll, con
tributes to the June number of the
tmrr(cn, tho bank's magnxlne, an arti
cle on "How Wo May Win In South
America."
"Two fundamentals nre Involved," he
says. "Thti South American consumer
must bo educated to like and demand
cur manufacture. Wo must make It
possible for him to become an ever In
irenslug purchaser by tho Investment of
our capital In tho Industrial development
uf his country.
"(lre.it lliltnln has an Investment of
IS, 000,000,000 In Latin American coun
tries and her trade leads tho world.
Oermnny nnd Franco follow, both ns tu
Investment and trade, their Investments
being approximately $2,000,000,000. It
Is a surprise and dlsapolntment to real
ize by personal observation that the
general reputation for success of the
American business getter has not ns yet
extended to nny considerable degree to
South America.
"Our uwn experience In South Amer
ica, with the notable exceptions of a
few of our big Industries, has been that
of the opportunist. There are .a few ex
amples where American goods have been
put on the market with the same -scientific
sales and advertising methods as
have been employed with such wonder
ful success In this country and In these
Instancos there have been no failures.
"l-'or Individual effort the way to this
market Is almost prohibited by the ex
pense. "Could a combination for developing
the acquaintance nnd friendship of tho
foreign consumer be considered as In re
straint of trade? If rightly formed nnd
consistently adhered to wo believe It
would not be so considered.
'The present Is the psychological time
to move In this direction. The market
Is disturbed, new guuds must 4ie tried:
they should be properly presented nnd
our domestic methods of presentation,
with which we nre thoroughly familiar,
may bo applied with equal facility nnd
success.
"The Investment problem Is one of
equal Importance, but of more diversified
aspects. The Kuropean wnr has created
a flnauclnl condition In South America
that Is completely stunning by Its sud
denness nnd enormity. It Is causing
distress. It has put a complete check to
nil development enterprises. This situa
tion brings heme to the Siuth Amer
ican a new and serious responsibility,
that he must make new Investment
friends. As n matter of fact he Is look
ing to us more than to any other nation
10 nil tne gap.
"Clovernments as well as Industries
need money. Here ugatn Is presented
the necessity for an educatUin.il cam
paign, but this time tho responsibility
rests with the South American."
TIk new Interbnrniigh Consolidated
Carpor.-.tlen snt Into tvorhlns cperatiatt
yestcnlny when the directors declared
nil Initial dividend of IH per cent, on
the preferred, to become an nnnuat
dividend of fi per cent. Tho stocks were
also listed on the Htock Kxchange and
trading there In them will begin tn-dHy.
The declaration of tho dividend Is the
concreto result toward which tho finan
cial I'cudjustntent plan and the forma
tion of the new company was directed.
Tho last dividend wns paid In ISOU nnd
tho accumulated payments on the old
preferred amount to 3na4 per cent. Tills
nccumuliitlon was wiped out by tho
formation of the new company.
Tim dividend was declared out of the
present surplus of the company. Hold
ers of the old preferred shares will have
tu transfer Ihelr stock for the new pre
feried In order to recelw the payment.
Holders of the common stock voting
trust certificates of the Interborough
Metropolltan are notified that their cer
tlllcates should be deposited with thn
secretary of the company on and after
July 6 for exchange Into tho new common.
Purl, of Securities Received
Consist of rennsylvflnin
nnd St. Pnul Honds.
BAXKKHS PRAISK PLV.V
THE BOSTON MARKET.
Kokton, June 23. The general cop.
per s.inres market was less active, with
prices Inclined lower. There were no
wide changes, but the close found most
Issues near the low for the day. In
dustrials and Italia were quiet and
fairly steady. The summary:
0n. Hirlv Iiiw. Cloa.
Sales
11", Adventure
Js.i Alaska
10 Ahmeek new...,
5 Alroniah
1H Allouei
Amalgamated ...
3H American .Inc..
t Anaconda .
210 rlrona Pom....
:') llulte & 1l.ll . ...
1H0 Hutte A Superior. H
iMiaiuniei Arli.."i'
Calumet Ilecla .-'
Chi no 4
4"i Copper Rante M
25 Daly West !
IM Kaat Ilutte
.l Franklin
Clt Oranby
5f, Oreene-Cananea
15 Hancock
110 lelnnd Creek....
5.1 I.aUi-
M m Stile
M Maaou Valley...
1V Mayflower
M Mlrhlfan
Si5 Mohawk
J.f, New Arcadian..
:ir, Nlplaalnr
171 North Ilutte....
(')l Oaceula
tv. Pond Creek
Oulnoy
M Shattuek
1n South Ptah
13.) Superior A Bos.
10 Tamarack
"0 Tuolumne
IM: I! S Smltlnr
loir
.17',
.100
!4
. M,
. 7JW
. rs
. 37
7'.
i:
n
ii
41
19
4H,
II
4
ii'
. t
MS
VI
!i4
. 74
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4
eat.
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m,
7Si,
11',
3',
e4
47
tc.
44
1(
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I:',
la
41
ID
4i';
14
3i
7W
11 .
at,
?:
2
"si
'74
3') I' s Sniellltix pf 47.
THE SUGAR MARKET.
flO.000 Brigs of Cntina Takes
Sl Price of 4.NII I'rnls.
The raw sugar market was fairly
actlvo and steady yesterday, refiners
and speculators taking about 60,000
bags of Cuba nt the prevailing spot
price of 4 S9 cents, daty paid. New
York. The Federal Sugar Refining Com.
puny took 3(1,000 bags, the I'ennsylvanli
Sugar Iteflnlng Company bought IS, 000
bags, and M00 bags went to specula
tors. Later reports on Tuesday's tak
ings of raws at Cuba by Holland Indi
cate that the total wii reach between
10.000 nnd 20,000 tons.
The refined market was unchanged,
with all Interests listing standard gran
ulated at 6.10 cents. There was only
n moderate demand for withdrawals on
old contracts.
Active switching was again noted In
jesterdny's trading In sugar futures nt
the Coffee Exchange. The market wns
steady, with prices unchanged to 2
points higher on transactions of 8,400
tons.
l'rlce, were:
'-
474
4S
n.
44
et
eat
:
17',
11
34
I
74',
t'.
3'.
:
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454
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414
Inr.
314,
71',
r.t
30 '
7.
3
C4
MU
.-.
44
w;
J4
i:
10
40
.'
14
.
:4
re-vi t'tah Apex 44
"i". t:tah Cons 1414
7'. I'tah Copper 44
: Winona 44
75 Wolverine. 414
RAfLROADS
74 no. ton 4 Albany i;ii 174 177
2 Ho. ton Elevated. 744 744 714
10 p.i.tnn 4 Maine.. S3 S3 M
10 'Iloeton A Wor pf f.4 4.-.4 454
M Maaa Electric. . . (4 &4 It,
41 Maaa KIe-trte pf SCU 37 S44
14 N Y N It II . . 4H UK 4
to t'nlon Pacific. .. K 1S !
MIRCEI.IANEOU3.
1 Am Ar Chem p! M4 44 44
o Am yiii.ir 111 . int ill', 114'.
4..' Am in .x ipt 11-4 l.H
3 Am Woolen pf . T4 74
IM Allan (lull k W I 11. n
H.2'. At fl 4 w 1 pf :7 :;s
rl Kaat Iloaton Land 1 !4 J
4 K'llson i'7 :27 r.17
3I M 1aa v, : m
K. .Mu lias pf .. Hi, MU 4iu
iO S E Telephone. ..124 i:a iy
n ttnlteit Fruit ... l.M 134 U4
247 t'nlt Shoe Maeh.. R24 tju r.:
10 l'lul .Shoe M nf. 2kU "IU 'U
5.1rt t' 3 Steel 14 til. ink
114
a
4
S34
17
f?
2
;t
4
S"1
414.
474
44
144
t
4't
12.14
'4
114
177
744
3
4:14
4
1144
123',
474
114
274
4
rs;
4
4
124
131
f.J
244
MS
A part of the American securities
which will form the collateral for the
French loan of between jr.O.OOO.Oon and
$75,000,000 which was announced on
Tuesday by J, P. Morgan Co. have:
already arrived In this country nml lire
understood to have already been de
posited In the vault of the .Mnrgnn llrm.
These securities will not bo Issued to
the other banks associated In the syn
dicate with .1. I. Morgan & Co, the
participating banks receiving Instead
participation vet tl lU.itCM equivalent tu
the amount of the loan taken by them,
The collateral for the Initial loan ex
tended will consist of St. I'mil and
Pennsylvania bonds wfilch were sold In
France, $50,000,000 of each Issue being
sold there. It Is probable that only n
part of these securities have been sent
to this country ns collateral for the
loan, nnd It was etnted yesterday In
high banking circles that the total col
lateral already deposit! d consisted of
appinxlmately equal amounts of these
securities.
The loan to France will be made on
a percentage basis, Just us loans to
Stock Kxchange firms nre Hindu by their
banks, ltepresentatlves nf J. I', Morgan
& Co., declined yesterday to state what
per cent, they were loaning on tho
securities deposited here by the Roths
childs. As France sees fit to ship moro
securities here the loan will be Increased
and Its iiosslbllltles are limited only
by the amount Franco m.S si nil.
Comment on the loan In banking nnd
Stock Kxchange clrcleH has been vety
favorable, It being felt thnt by such a
scheme of financing this country Is In
nn excellent position to nsslst France
nnd at the same time avoid the swamp
ing of our own markets with securi
ties which wo have sold abroad
French exchange continued to decline,
howeer. In spite of the loan, franc"
reaching another new low record price
of K.tS'i for checks nnd D.4"a, for
cables. This cnmp.ites with a previous
low on Tuesday of 5 47'.', for the
former and .'.4ia, for the latter Ster.
ling was fractionally easier nt 4.71 0-18
for demand and 4.77'ti for cable.-i,
against a previous close of 4.7H,4 for
the former and 4.7" V for the latter.
Marks continued their steady decline,
selling down to St 9.1 C for sight drafts
nnd H'. for cables. Pori-Ign exchange
exptrts say that the price, register a
new low record for marks. On Tuesday
marks closed at SI 11-15 for checks
nnd 81 "i for cables. Italian lire was
firmer at 5.95, as compared with a
previous close and low record price of
I'.aiH. Austrian kronen was lower at
15 15. as compared with K..J.0 on
Tuesday.
It was stated yesterday In prominent
banking circles that It was expected that
the gold Import movement from Cannda
would be renewed within a few days.
No gold has been brought In since June
20, when J. P. Morgan ft Co, brought In
$2,S00.00O, bringing the total Imported
from all sources since January 1 UP to
approximately J117.095.000.
Executor
Trustee
Chartered 1822
The Farmers' loan and Trust Company
Nos. 16, 18, 20 & 22 William Streot
Branoh Office, 475 Fifth Avenue
New Yorx.
LONDON, 15 Oosispsr St,, S. W.; 26 Old Bread Street, E. 0.
PARIS, 41 Boulevard Hatumann BERLIN, 56 Unter den Linden, N. W. 7
TravolerB' Letters of Credit, Foreign Exohangea
Administrator Guardian
Missouri Pacific Railway Company
CoHnti'rnl TrtiM Ss, Dut- 1H17
Missouri Pacific Railway Company
Collateral Trust fii, Due 1920
St. Louis, Iron Mountain & Southern Railway Company
Uniting nnd Iicltinding Is, Due l'J:MJ
Wp invite holders of the above Honda to communicate to us their unmet
nnd wldrcsses, together with the amount of their holding, with a view to
concerted action, for the protection of their interests if it becomes neces
stiry. BROWN BROTHERS & CO.
s w ai,i. htiii:i:t nkw vokk.
Burlington & Missouri Alvir
Railroad Company in Nebraska
Consolidattd Morlgaga
6 Par Cant. Bonda
DUE JULY I, 1918.
No-net: is iniitr.iiv citvn that in
ruf.ii inee nf ,i Trust Mortar m lippit rxf
Mitel In Tho ,Siv IImkIiiiiiI Truat I'nmpan)';
Triilr.p, iv thn Ilnr.lniclriii M1aou
ltlrr Itii.lVr.'l ( iintiv In Nchr..H.r
il.tlf-.l .tuh 1 1;. llic fullnn Ins itl 4'on
anllilnlnl MnrtjtaKf lltintN lur .lull I, Mil",
"f "ulil Itnllroiil I'rMiiii.im, riiriil hv aal I
ttff.l nf Tiual, halt lirrn Urauii for pay
ment. U
llirr lltihilipil iiii.I tlilrlrrri .113) Hnnda
fkiiim Karli. ininilirrat
i: n.ii! :oj:, s;i az tr j9' iojt
1 :0KI i'Vlil .144 4HI1 7094
.14 1ld :i. jast S.iti 4H74 7141
..! Il'tl Jill If.H Sa. 4091 7J37
m in; iiir, a:7 4123 7il"
S41 11.17 ill? 3.13 IIS4 77.1H
;4 n mi ::').-, :ti :h nit 7Tns
7M lis:. ! 7 :74 .1341 4171 77.U
77 r.' :r34 jiao .1.14.1 4t4 "45T
;:4 f.j:, ni is .1374 is:? ioj
771 iii ..';4':.'ni sun 4:17 1074
I'M V'-J -'."" '-'' 3.14 t:i 4J47
ail 1,,;,1 :.".m', z:n .1,1:13 4:44 1344
4i; ki :.inc, r": .nor. 4:4; 47
SI. 11.1,1 i'3i): .100:, IIJI 4270 hi
i i;77 :.ti2 30:0 jr.oo ii7 7o
1 IS'U 23I4 .10:7 3:.2! i.'?.l 0211
41 1707 :.1f.O 3032 3.4.'D iiiS tlil
una 170 an;. 1 .mr.: .".33 4.12.1 4
!0 1741 237 30.41 3 17 4311 PT.JO
!!! 17.. ?lll .li't.0 3.".3 4J'0 0SJ3
Jlii INK 24: t(l.: '.44 4344 0450
!'7.1 l?; 2i: :m; sunn 4373 73
:;; i.'o 2i; 3u'; 3;i 4371 10141
i ny.i :i,'i 3H3 .nii: ij7 104J1
3...M; 4 113 10434
371.', T.0S4 I0SSS
.'.1 314 371 42.-3 10740
1111 IKiJ 2.M7 3ir. ,tv:il S29I 10147
7
I r,
(.
t
I
91
?!
II
121
li;
IM
l1
214
220
r:
217
21
2.-.0
21
31
30
310
317
.14 I
341 mjt ia", sua 31
.11, 1014 1 r.3 2M 3K,
4.'7 104 17,
43
414 11IH 1D0:, 2..17 3171 3.1l 6114 1041
47; 112.1 1:pM .1 it.; .,r,o-. io74
47 lli.'t 1H4 2h.'f, .1111 34!K 5:, 3 2 11031
Ml 1173 IH20 243 3194 61 til
:i;T3 317 3924 S3I2 11244
3207 3931 693 11477
39.1 (044 11604
397.", f.174 11701
:?. .1911 4642 11409
7t,0 2212 3990 676 11164
.4 Si.'T
3'.
THE BALTIMORE MARKET.
ItAl.TiMoitL1, June 23. t'nltpil Hall,
ways lasuoii flli-nluydl n better tone, ttin
Mock and Income each aclvanelnK "i
The rest nf the market was iulet. Tin
nummary
Opfn- llurh. l.ni. Clo.
Sal Int eat rat ing
t" Con Piiw a M il !.', lOt.v, 10414 101114
4 Clkhorn Kuel . 2) 20 20 M
61 Mltlh Mech llatlll .-9 23 29 2
6 t'nlnn Hunk IM 134 134 134
92-' fn I4y A Kleo.. 22 J2 22
11' S hilflltjr 191 191 191 ll
PONDS
:n.) A t" Line C t. 11 a in, 9', 9; ",
Vi A C Line , v 4a C 4 44 M
Iftai Halt S l1 A C 4'4 l 91 91 91
1"W C Malt la "l anx MJ, 95 , Ws, 9.'.S
M 41 Hall 4a '6! 1) I. ,'.', W, HI',
1 Con, 4'nal raf 4'j 9.' 9.' 92 !'i
3) rnna I'nwer 4,. 17', 7T, 7, 7,
Klkhnrn KiipI a : !", W- !.
!! Nurfolk Ity !l 94 ' 94
2V..1 fn a ,V K let 4a a.) 0 7i "1
ivtti fti 11 A K Inr la f.4 '7 U t.
lot ftl It A K M 6h 411, 111, H, t,
DAIRY PRODUCTS MARKET.
6 r 9 Steel jif 109s loS l'S 10S
S IVatern Union 471, 47',
noNDS.
Iiooo Am TW1 A Tel 4a. Hi v;
A 43 A IV I U.... 7! 72
Hi) 1orl 4eek 4a.. 97 7
1 Swift 6a 4 94
rat) Weatern T A T fi 94
""E -dividend
47h 74
Xrrr l.onn Wnkmi I.onrtnn Mnrlirt
J Ixisnov, June The, market. con-
tlnuod tindtr the. Influence, of tho new
loan Consols eold down to the new
minimum and the ellt odced nertlon K-n-erally
wan tlat Tlie old loan weakened
I on aale by Intending JUibacrilierH oZ the
' new loan. Home, rails were. weak.
Americans were, dull and Canadian
attain fold off. Argentine) rail were
I down.
niVIIIKMIS AMI I.STKIUIHT.
Satin- llanka.
630 1J02 19.13
6.M 1214 I9.M 2f.
61 1221 1U79
69.1 127 2014
691 130 204n 2761
T.99 1830 20GI
409
And Nlttynne (Alt Itund fOOO Kuril, nura
. hrret
UNION DIME
SAVINGS BANK
40th Street and 6th Avenue
An Intrrrt Dividend !t2th Cnnaemtlvc)
1m, been declrrd at the rote of
Three nd line-half I'er 4nl. pemnnmn,
Credited Julr t. 1016. and pnysble
on and, after Tliuraday. July 16. 10114.
on All aum entltiml thurcto under
the Ily-I.o,
Money deposited on nr before
July 10 draw Inl.riat from
July 1. 1016.
Al.r.X. P. VT. KIN NAN, Preldent
FItANCIS M. UAKi; Trroaurer.
ritANK F. IIAZAIID. Sccretarj--
.4 42 271 42i US (63 774 114
19 97 293 I2. 6', 4'.4 119 110
24 141 324 4(9 670 K6 423 940
'.4 164 327 42 673 711 141 944
66 176 330 491 r,ol 72i 167 911
57 144 342 6!0 f03 714 673 III
70 220 37 631 4o;. 77J ISS 1000
47 23.1 400 667 434
The bond liratlnR the ,-il.nva numbara
wlil be paid t pur nt Ih nfiice of th
underatrned, I3", lieionthlre Street, nna
ton, Maaa. nn the llrat llnl ttl Julr, IBIS,
tilth ncorue.l lm,ri.t to that ilate, after
uhleh ilale Inlereat mi auld llmida will
renae In cnnfojmltir with the terma of lha
Trut Deed.
Tho Naw England Trust Company,
j TRUSTEE,
by JAMIIS It. H0OlT.lt President.
' notion, Maaa. Juno It. 1315.
14
94
DIVIDEND DECLARATIONS.
THE BOSTON CURB MARKET.
Via, injt,
Wt 102
eat
101
99V, 101',
Inr. rlna..
103S
7SV4
721i
43V,
34
T4
441,
3
14 7 11 91
17 10 17 40 17 10
7I.
43S
34
14.41
74
T3'i
4ii;
34',
Wheat:
Jul,
September.
Corn:
July
September.
Oat a!
July
seplemuer
Pork:
July
BfPtemuer
f.ard:
July
geptrmoer
Kill,:
Julr
Seplemner. .. iu.oi i i. im.w.
New York priced whio.
Open- Illrh Iyw- Olo.
Wheat; mr i
July
BeptMuber
341,
14. 1C.77
17 W. 17 22
9 30
9 67
4.4
9 72
30
9.67
9 II
9 72
9.3.1
9 4.'
10.26 14 10 10 21 10.10 10 27
10 70 10 CO
Inr.
HI
109
THE PITTSBURG MARKET.
I'lTTimuiin, June 23. Columbia flaa
and Klectrln was Htronft, Kalnliur a point
nn a reduced volume nt tnitllUK. Union
.Switch Bold up on small lot. West.
ItiBhoiiHe Air Hrako loit fractionally.
The HUtnmary:
Open. Illrh. Low. On
galea Inr eat eat inr
10 Am newer i'ii" . ,
1. Am Will (it llf 34
114 Columbia (I A K l:'i
94
13
yiil
91
a'i,
91
13
494,
in rninhle Steel nf w.
10 Klk Cnunly N O ltl4 1HW 1144 HUi
10 Mfra h A Heal 47S 47, 47S 47S
1K1 Nat Mreprooniir Mi M, Mi IS
64 Nat Klreprnnt pf. 1. 19 14',, if,
10 1itl Hreltir pf, 16 16' 164 l4
10 Pllla Plato Olaf,los o io-, ion
216 Pure Oil Il't 14, 114 144
6 Union 14 A air.. Il 10J 102 101
W II 8 Steel 61 l l 1
Hi Weat'houie A 11. .1314 1314 131 131
June
July
Atlarllet
September...
October
November...
Dn-ember....
January
Kehruarr
Mltn h
April
May
Jttrh. loit, Cloa l"rev
eat rat. Inr. loae.
Histon', June 23. The rloaine floston
curb bid and naked quotation! :
3.90 I S7
4 10
I 16
i'4
J 41
4.07
4.11
1.46
3 a
3 3
3.M
3.94
4 0
4.11
1.10
3. 1(7
3 41
3 61
3 61
3 40
3.51
3 tj
ll
8.94
4.07
4.13
4.07
3 t
3 CI
1 W
3 to
3.45
3 i
THE COFFEE MARKET.
Fn I am Slinde Off at Clour .11),-
OOI) Dan Ilenlt In.
Yestcrday'R eofT- futures maiket wns
aKaln a swltrhlmr nffalr. more than ""
per cent, of thn ilay'a transactloiis of
719,000 bafTK repicaentltiK exchanges. In
thiHo oiierntlotiH July wuh 7 poIntH over
December and 12 points over September,
July wan no lonirer ut n premium over
March, however, the latter month being
2 point" ovpr the former.
Thn market wa. barely eteady, with
prices at the done C to 8 point oft.
Thero wna some nelllnif on the declln
of exclianere at Itrnzll, and the lower
tendency which markets there have dl
played recently hag had a depressing
Influence here.
Brazilian market were featurele,
Hlo "h nnd Santoa 4 were unchanced
nt 4J"2n nnd dinon resectlvely. Ulo
anil Hantoa recelptH totallrd 10,000
linira. Hao Paulo had 13,000 nnd
.lundlaliy 12,000. The rato of Ulo
exchanro on London was lowered to
12 7-1 Cd.
Trices were:
AlT.ir.xln
Day State Oi
Heinle
llltifham
Ilohenua
Poton Ely
Ilutte A I. on Ion
L'alaieraa .
Chinvlon Copper
('MM Con'oll Intel
('oriel
New Cornelia
Cnntolnl.neil Arlrona
Contoltijiiied Copper
Croa Hetervv
liavl Dalr
Katie A- llluabell
Kirat National Copper....
Houghton
Iron lllnaaom
La Roe
Mttleallc
Mckinley liarrarh
Metlrati Metale
Mlnra of America
Ne Italllc
Nev.Kbi Douilat
Hhin Copper
Onero
Slllllll Tdke
Stewart Mlnlnr
Utah Metula . . ..
l'piteil Venlo Ktenlon.
Vilknn Ould
Hid Aaked
70
.11
1
S
w
.13
Telerraph,
California
.. .23
.. l'i
.. .10
.. 1
.. .34
.. IS
.. :
4.
.. .60
.. 44
.. 2C
.. .21
:: ft
.. a
.. .23
.. IS
1
n
t
tl
14
CO
I
4.1
1 f. 1C 1 7-11
pM
1.
2',
4
4
tl
a.r,
32
i".
24
M
1't
C4
M14 2 1IC
I ;.16 4H
June
July
Ausust
Seiitembcr....
(Idnbir
Nnvi-inticr
Dei'emlaT
January
February
Marrh
A.nrll
May
Hlrh.
eat
0 S3
4 47
OS
I)w- Cln. Prer.
eat Inr cloae.
f. 72 r, wi
4,43 C 2 6 A)
C.f 4 C 74
li 70 C.44 1 74
. .. 4.73 H 79
. . r. 7.1 e 7
4 74 0 73 0 79
.7B 0.;
r. 7 r, sr,
e e.H cm
. .. M 6 9.'
4. f. 4.90 ,94
THE PHILADELPHIA MARKET.
I'lilLAnHtriltA, June 23. The uenerai
market wim eaBler to-day, Navl.
Katlon, which trained 1H, beltiK the
principal exception. Baldwin Ixiconio.
tlve was 2 points lower and l'lectrlo
Ktorape declined a point. Pactional
losses occurred In General Asphalt,
l'ikt Superior and Cramp & Hon. Tho
summary!
Open. Hlrh- Low- Cloa-
caiea ma eai
614.1 Italdwin Lni-n ... BUi tn
110 iiaiiiwill i. PI Hr:',
(A lluffalo It Sua nf. 41
150'Cnlnrailo Fuel.... MU
170 Elee Stor Hat.... MS
et
102'i 102
10 Erie
470 Oen Aaphalt..
t7i
. 34
? (!en Aaphalt Pf... 71
THE CHICAGO MARKET.
CnicAco, June 2J. The market was
narrow, with prices aa a rule showln
frnrtlonal chances. Hwlft continued In
Rood demand from small Investors.
Stewart Warner held firm nnd Chicago
J'neumatli) Toot made a small Kalp,
l'lilon (Tarblde, ChlcaRO Ttallway 1st
cet llllcatis anil Illinois Hrlck wers
i-hhIit on small sales. CIiIciro Itnllway
r,H made rt further Kiiln. Other Issues
dull. The summary:
Hulea.
20 Cluo Pneu Tool
sr, Chili) llya aer 1.
10 Cnm Knlano. . .
24 llllnnta Prick, .
10 Penplea lias, ,
1ft niti .service ,, at
2 uualier oula ni. I "'4
21 Sears Itnebuck ...134
SI3 Stewart Warner. 4I
131 Swift A Co 110
2fl Union Carbide, ,14a
10 II 8 Steel 604
U Ud Carbide rt.... 47
Open. Illih. Low Clot
llik' eat. cat Inr
. r.H i.i t.8 f.
. 41 41 44 14
131 134 13.1V, 1311,4
4.1 6', nr, .-,
llo'i llf.4i lir,i llS4i
ai ai ai at
104IA 1044 1041,
1114 134 134
44H 44 441,
11 110 110
IM IM M
w; im oo4s
4 iS
1
f.7i
P Interbiirntuh-M
l.oi Lake Superior..
1391 lhlrh Nav . . .
M Lehigh Volley..
120 7, V Tranait. ..
.142 Pent) U It
II Penn Salt Mfr..
r.1 Penti Steel nf...
r. Phlla Co cum pf. 4)
i;n i 'in iu Kieciric..,,
Oil P H T ctfi
f.r.o lleadlnr
702 Tonnpah Pelmont
29r, Tonopah tlnlnr
f.'.' Union Trarllnn,.,
476 United Daa Imp,,
2910 IT 8 Sleel
20 tl H Steel pf
I
7"f'
73
29
40
1.14
r.3S
27',
31
71
h
73
40
J.I
t,:s
Inr
is..',
102
40
?.1
IV,
i't
834
24
11
76S
71
29
311,
71
24
11
I
I Company awl Term. Stock.
Oarflelil Nitlonn.1 Hank,
i quarterly
I rxnnaylvanla Itnllroad,
qunrtertj
Central and Snuth
American TeUrraph.
quarterly
Mexican
quarterly
i Koutnern
flreenlch Hank, quar
terly Ohio Fuel supply,
quarterly
American Piano, quar
terly New- Vork Central,
quarterly
eanm!a Southern Itall
rna.l. aeml-annual . .
Mlchlt.Mii Central Hall
road, aeml-annunt
I'lttaburc and Lake
F.rle ltallmail, aem.
annul!
Ierolt ltlver Tunnel,
aeml.nnnual . . .
InterNirouiih Conaoll
ilateit
lnltl.il
Oaeeol.l
Mlnlnr
Montreal Llcht.
and Poer.
terly
American Screw
iiuil.e-Wern.ti ke.
nii.tt . . .
Cloln.-Wernbke.
lerlv
MaaHarhuaetta LUhtlnir,
qnutterly Id com
Maaaa,'hiletta LlKlltlnr,
quarterly lie"' com
Maaajcliuaetta LlRhtlnr.
quarterly
Manufacturers I.larht
and Heal, quarterly,
l'lttaburr. Coal, quar
terly
Creamery
quarterly
Creamery
quarterly
Klectrlc l.lrht and
Power of Ablncton
and Itocklaml, eein).
annual
Norfolk and Western
Italluny. quarterly .
Nurfolk and Western
Hallway, quarterly., crtm
Illliinla llrli'k, iiiar-
terly
ClilciiKo Hallway 17iilp-
nient, uuarlerly
Turkett Totiacco, Ltd.,
quarterly . .
iiauway.
(Corporation,
Oonaolldated
Meat
quar-
ii n -
Ami FayaAle.
3e Juna 10
14 Ant. 31
14 4V July
144. July 14
II. July 13
t July 1
14. July 15
ln July t
!44 Aug. 2
Hit Aur. 2
". July 29
12 50 Aur 2
Se, July 11
14 r. July 31
II CO July II
qu ir-
I'arko re,
Parkag.
pfd
com
pfd
pM
pfd
com
mr.
1 4 't
r.
11 75
15c
II. to
I
m
14S4
Aur. is
June 3'i
Sept 10
Sept. 10
July IS
July IS
July IF.
July IS
July 21
July lo
July 10
nt'TTRIl There leaa tradlnr yea
tentay, ant what butter changed handa
aa a rule went Into the rootere Prleea
ale hlcher than laat ear and market .ul
day eterday aa rather quiet. It rimed
eatjer than the opening The only change
waa n drop nf 4c. on Stale dalrlea and
renovated eatraa. The fiuah of the bmter
make la now nn and quality la hrm,
l'ricea! Creamery etraa, 91 acore, 2i,4r
244c, higher ai urlnr. 24,8294c.i flrata.
9 to 92 acore. 27 4l27,c; Slate, dairy,
tuba, nneat, 24c ; rood to prime, 26 '
27i,c i common to fair. 23U2(4c reno
vated, extra, 24'4V25c; flrata. :3024c:
lower rradea, 2IV32i,c.i Imitation cream
ery. nrata, 24234,c; ladlea. current
make, ftrat. 224l2',c.i aecomla, 21t,c:
biwer gratea. lmtilc; parklnc stock,
current make. No. 2, rotCOHc; lower
grade". 1M,4 194c
CHKI-xK'-llxporter continue to take on
large quantlttea nt atock and keep the
market active anil there waa an julvanco
yeaterilay if lie. The advance waa felt
In all rood line and even aklma were up
i,r. Market cloaed atrong and exvort
till, week will be heavy Price,; state
whole milk, freah flat" and twlna, while
and colored apeetala, 1.4'4 If 14i,c ; average
fJV. 15c, State, aklma, freah apeclala.
121, 13r . aklma, freah. choice. !lM2e ,
f:r to go.i.l. n,i104c
gr.idia. There w.ia ennutrli of this t.i tbi !
crdera. There waa no gre.it a rumu - i
lion, but receiver complain the onaurap ;
tl n la let, than a year ago (juallty of I
illrtle. la Pei-onilng poerer and the were ,
off Ttlla w.la alait true of mixed Colore
of nearby henner prnducta Market cloted
rather weak, Prlcea : Freah gathered,!
J24Uti4.. extraa, flrata, 211,t2lSc
nrata IV", 4j 201,.- . aeiinda, 14,1 lc. No I
1, dlrtl.a. tr.i, Iil7e, hennery, whltea, nne
to fancy. 23w26r: hennery, brown, 224 1
24c.: mied colore. 191214C I
I.IVn POULTIt V. A e. orclty of g ood
fowl, veaterday aent the market up 4c
while brnllera were In eufnclent aupply to
redui e their e.ning price 24i 4c per lb
There were unloaded )eaterday twenty-
one .ara. iwo oi wnicn were uy expreaa.
There were two cars left on track for to
day a market, bealdea what cam In dur
ing the night. There ta a wide range on
chlekena. Market cloted rather uneettled
wl'h prices showing unii'iial ringea.
l'rlrea- Fowla, 164til7c brollrra. 24 .f
30c rulneaa, pair. M'c . plgeona, 204121c.
IHtF.SSF.l) POFLTItV - Market waa
weaker je.-.rdai aa freah ktlled fnwl 1
ware plentiful. There were anme Michigan
acllde.t fowla on the market which were
offered at 10S c. which did not attract
inuih atlenllon Old roittert were plen
tiful and aold aiowly. Iliiy-ra demanded
2 lb broiler, and there waa not enough
of thla atock to go nrnund. There waa
an n-cumulatlon nf Long laland aprlng
dueka and quab were plentiful and dull
In froicn pnu.try fancy chlrkena were In
good demand at were good turke There
waa alao tome demand for gmd frozen
fowla Market rioted In good ehaue
Prlcea- Fowla, t; to bo. Weatern. CO Iba
ind ner. ISc . old rooetera. ligii,c.
Squab prime white. 10 lb, to dozen,
1.1 r.0. 9 lb. 13. 1 Iba, 12 -.0 Turkf)..
freah hena and tnma. ton 17c. Frnien
turkrve. dry ricked, aelerted. 31c : Weat
ern. 2c Texia. J7ffl7i,c llroier milk
fed, I t,. 24 lb,. 275f2c . com fed. 14 to
21 Iba, 2Cc Hilckena, 12 lo box, milk
fed II to .14 Iba., 20c 4 Iba. -ind oer.
21f22c. corn fed. 31 to 36 Iba, ISc . 44
lha. and orer, 20c. Fowls. 12 to box, CO
Iba. and over to dozen 14, 20 o 3;,
iba ir.c Old rooatera, 1 1 1f 1 2 J c
public urajTreif securities.
SEAMEN'S IANK FOR SAVINGS
14 and 2H Wall Street.
TiiKTitt'sTncs HAT:onnnriED that
I.vrEltl'.ST be paid to depnsUors en
titled thereto for tne all month ending
June 30, 1913:
On accounts not exceeding three thousand
dollar at the rate of FOt'lt PER CENT, per
annum.
Payable on and after Monday, July 10,
1913.
DANIEL DAI1NES. Trealdent.
GEOllttE M HAUSEV, Cashier.
WTU.1OTON it. BENEDICT. Secretary.
New York. June 10th. 1015.
NOTICK
Deposit to draw Intereat from Julr I't
or Oct. lit. or Jan I st. or Apr. lat muat
be made on or before the Ion day of the
prevlon month.
TO THE Mol.IillltS OF
Tin: riTiMiriti.il iompany
rirat .Xlortguge tind I ullitterul Truat flonds
Ihiled duly I, 1S"!I.
Notice la hereby gUen aa provided In the
Mortgage, ditet Julv lat, 1899, made by
The P'ttaburKli Comitanv to the Guaranty
' T'litt C'-npiov of New Vork aa Truatee,
I tbat bond bearing the fo'towlng numbers
have been drawn lur the sinking Fund and
wi I be paid at pir and n crtied Interest orf
.aril after .In y lat. lit 1 5, at the TItl'ST
OEIMIITMKNT or the (imranty Tni"t
Compitiv of New York. 140 Ilroadw-ay, New
York City, after which date Intereat on
I aald bonda will ceaae: Itnnd numbered
.1, 21, .12, 23, 31, 43. 95, 94, 119, 120, 14.1,
117, lr.a, IFii, I6V JIO, 173, Vil, 204,
219, 22J. 225. .3.1 and 244, Til a bond
ahould b preaent.d with coupon due July
lat. 1915. tta-hd.
THE PITTSIIt'liriH COMPANT,
By SAMt'EL A. ItOIJI.OFS. Prealdent.
Dated. F.llwood City, Pa , June lat, 1915.
GREENWICH SAVINGS BANK
incorporated 1133 )
f4. T.. Cor. rltli Are. nnd isth St., New York.
TWO. HATE INTEHKST.lllt IIIR.M)
SIX ItONTIIS F.MIIMi .MM; 31), 1UI3.
On ail auma from 15 to 13.03 to deposi
tor, entitled 'o Intereat under the by-laws
at the raie of FOUl FEIl CENT, per an
num on ao much of every account oa ahall
not exceed ll.ooo. and at the rat of
TllltEE and ONE-HALF PER CENT. pr
annum on ao much of every account as
aha ' exceed f i.ooo, payable on and after
JFt.V 19, 115.
Depoall made on or before .ICI.T 10,
will draw Intereat from Jl'l.Y I, lota.
JAMES QU1NLAN. Pre.ldenl
CHAHLES M DUTCHEH. Treaaurar.
FRANCIS M IIACON. Jit. . .
n. OftDEN CItlSOLM. J flecretarlee.
NEW YORK SAVINGS BANK
N. W. Cor. 14th St. and 8th Avenue.
July I. 1816, dividend at the rate of
FOUR PER CENT.
per annum on all auma from .' to li.ttt) entitled
thereto under the bi-laws.
iieposiis M4.ni: o. oh iiEFoiir.
.11 1,1 in mill iiitAir iNTi;m:sr fhom
.11 i. y I.
WILLIAM FELHINCiElt. President.
JAMES L. WA.MII.INI,. Trc.tMirer
WALTEIt It llltlXCKEHIIOlT. Sre'y
(1 K II M A N 'AVI N lis BANK
IN Til E CITY OF .NEW 4lltK,
Cor. 41b Ate. mid 14th irrri.
New 1 orl.. June 7. 1915
Intereat at the rule uf Four (I) per
centum per annum wl.l be . re Uicil dt
poaiinra for the alx inon'lia endlOK June
30. 1915. on all auma emit cd there! under
the lly-lawa not exceeding three thousand
(13.0001 Ihidara. and w ,.l bo payable on
and after July 21tt.
Hepoaita made on or before July 10th,
191&, wlil draw- Intereat from July let. 1915.
Al.Fltl'.O ItOKLKEH. Prealdent.
A KilPPEL. Treasurer
UNIVERSAL CASTER & FOUNDRY
COMPANY
NOTICE TO IIOMHIOI.DEItS.
Notice la hereby glien that llunds Not.
1. 65. 91. 180. 150, 16.1. U.4. 197. Zil, 225.
210. 302, 314. 414 of the fnleral dialer
and Foundry Compan. aci ured by Its
Mnrtrag to th aubacrlber. bearing data
l)e ember 14th. 1903, hae been an 1 r
Vereb-. accnrllnr in the terms of the a ill
I.Mortpige, called for payment, and wli. ha
paid In full, principal and accrued Intereat,
at the ortb a of the eubscrlber In Newark,
New Jersey, on the first day of Ju'y next,
upon preaentatlon and eurrender of aal.n
bonda and all coupons except those already
Pld
t FIDELITY TRUST COMPANY, Trustee.
i Dated, Newark. N. J.. Jun llh, 115,
I NEWrollT A CINCINNATI nKIIMiE CO.
lienrrnl Mortgage 4H"" .lu wr liuld Honda.
' In oerefrianr wit), lie i.fm, ' tlie
linking Fund rtauee nf nbove Mnr'gige,
notice la herebv given that aealej proposals
for tiie sale of aa many bonds as can baj
purchased with 113.740 0" iwhlrh amount la
one pr cent, of II 374.00. oo, the amount
of bonda now outatandlng) will tie rei eieii
at the office nf the Lonlavllle Vathvlll
Hallroad Company, No 71 Ilroadwa), New
York City, nnd opened at Noon on Juna
30th, 1913, when th" loweat offer wi'l ba
eicceted, provided the prlca doea nut ex
ceed par and Intereat
W.M THOMPSON. Treasurer
June 1st 115
DIVIDENDS AND INTEREST.
pfd
r.m i m, u f.-i4 r.j 7 it
9 )', 49
r.s
40
r.74 f
,1!H1
2.1
.191
.IV 2.141 2.14
9. l4 9'4
734 73 -l 73 4 73 7-16
s't i bl 4
74
33
4t
71
3.1
4.'.4
614
v": a
45U
IIS
40 II S Itnbher 0.14
2 w J ft seashore 444
t30 W Cramp Sons f,.l
ItONDS
121001) Am Oas k El Pa M
60(ifl lh Nav con 44. fVa
10111 111 v ren con s. s:i.
V'1 109 1094,
114
4i,
45
44
49S
4.U,
44
63
46
91.
I,
3.1
4
60;
109
1H
444
an
14
Mil
I4i,
f.000 Ih Val Coal 6a, 1014, IMS, 10.14, lojl.
15noo la II II con 44s . 1014 iflftsj 1031, ioi,
livtn Pa It II gen 44s 044 nu; 9n 914
Ifloo Phlla Elec 4s 79 79
1000 Heading gen 4s... K'V, 92 ,
5000 Uradlng Imp 4a,. 9.14, 9f.',
7
92H
:.4
79
J4;
954
DAILY FINANCIAL CALENDAR.
EX DIVIDEND,
Company and Term. Stork.
American Coal l'roduors, quar.
terly
American Chicle, quarterly ... ,
American Oltlss. ssml-annual ,
Oray A lUvia, quarterly
New York Transit, quarterly,.
Wlllya-Overland, quartarly. , ,,
CO m
Pfd
pfd
Pfd
Vti
Amt.
141
i4r.
14
tt.oo
1
Winnipeg
ttiarterly
Montreal
quarterly
Oaige and
quarterly
pfd
Telegraph,
Oklahoma,
14 00 July 1
1 Aug. 19
l',' S'Pt. IS
I". July 13
I.". July t
lc, ,Iy JJ
5 4CJ, July 2
IT, July 13
141 July 10
Live Stock MnrLrt.
WEDNESDAY. June 23
llerelpt of beeves were 1,7.10 head. In
cluding 24 cars for tlie market. Hteira
alow, but Priu to a shade higher, bulla
and good to choice fat cows strong to
15c higher, common nnd medium bologna
cows steady The vards were cleared
Common to prime steers sold at 0 7.161
19 10 per 100 iba . bulla, fl 764M7. no ro.il
choice, dry fed bulla offernd. cowa, f.1 231
17 25 "lullf nils," JJ. Dri seed beef un
changed at UHtfnitc per lb. for ordi
nary to prime native sides
Herclpis of calves wero 3,190 head, In
cluding 2,130 on sale. Veal, active and
26c. hlK.ter, skliu milk riilves, r,0c higher.
The offering wein closod out early "om
liuiil lo choice veals sold at I SOtfl 1) 25
per 100 lbs culls, I71H4; klm milk
calves, 15, 50f 16.50, Dressed calves nctlv
and strong! city dreecd veals selling al
14M7e, per lb i country dressed veals,
14c.
Itecclpt of sheep and lambs were 4,040
head, Including 10 cars for the market,
Prime handy sheen higher! others llrm,
lambs 011 very light receipts 26pf36c,
higher. Common to prime sheep (ewes)
sold at 3.50rf5,76 per 100 lha.. a few at
I4 culls, 3; common to choice lambs,
11.501(110.(0, Dressed mutton firm at 10
13c. per lb. I dressed lambs, 14(1 lie.
Itrtelpls of hogs ware 1,100 head; 14
car on sale. Market, KTlOc, higher.
State and Pennsylvania hogs aold at 11.100
11.11 par m I be.; raufba, 17,
American R.i Company
American Light A Traction
Amrrlrm Light A Traction pf
Adirondack Electric Power
Adirondack Electric Power pf
"American fia ,v Electric
American (las A Electrlo pf
American Power A Light
American Power it Light pf
American Publlo Utilities
American Public Utilities pf
American Waterworks A Electrlo..
American WAV. A E. partlrlp'g pf.
American Waterworks A E 1st pf.
Cities Service
Cities Sen-Ice pf
Colorado Power Company
Colorado Power Company pf
Commonwealth Power, Ity. A I.,..
Commnnwralth Power, Ity. A f, pf.
Consumers P Co (Minn) 5 I02
Dayton Power A Light Co
Dayton Power A Light Co pf
Drnver tins A Electric gen 6
Electric Ilond Deposit pf
Electric Ilond A Share Co pf
Empire District Electric &
Empire District Electrlo pf
I'edrral Light A Traction
1'eilrral Light A Traction pf
Ja A Electric Securities
(iaa A Electrlo Sccurltlea pf
llrrat Western I'nwer Co Is 1941..,
Lincoln (Ins A Electrlo
Northern Ontario Light A Power..
Northern Ontario Light A Tow pf. 50
Northern Mates Power Co,,, 37
Northern States Power Co pf .H$
OrarU Power A Water 15
Pacific, (las A Electrlo 44
Pacific 4Ias A Electrlo pf j
llrpiibllo Hallway A I.I eh t Co 15
Ilepubllo Hallway A Light Co pf.,, Hi
Konthcrn California Edison 71
Southern California Edison pf...,,, 01
'Standard lias A Electrlo i'i
Suudard tlat A Electrlo pf 33
Tennessee Ity, Light A Power f4
Tennessee Ity, Light A Tower pf... 37
United Light A Hallways 40
United Light A Hallways lat pf.... 07
United Light A Hallways Id pf 05
Utah Recurltlra 13!
Western Tower 12!,
Weatern Power pf 54
Par value, 10, tEl-dlvldead.
Mid A
nil
321
IM
. lHj
. 5.1
, 112
, 47
, At)
, 74
, 31
t
, 7
. 10
, M
40
51
, II
H
, 51
. 711
DO
. 31
, 40
, 49
01
, mi
1 72
, no
, 13
30
, 01
, 70
, 7UIJ
, II
, to
aked,
111.'
I2.1
110
151,
U
Mt
40
A4
42
14
65t
U
10
02
67
Wi
Ki
M
M
91
30
as
SI
M
100
78
71)
In
to
75
M
81
29
IS
55
211
V,
20
41
M
10
M
74
4)5
"li
SS 7
SO
45
70
60
IS
16
BUSINESS TROUBLES.
F A MII.U-i INC- A petition in tnnk
ruptc) baa lieen rl.i I OKa.uat F A Mf'.t.
lni itiiii publisher. 171 West P..r'v
elgh'h alreet Preftremlal p.iytnenta nre
Kllcg.-tl Tne corporation waa incorpor
iitcii under New York ls.ws on January 9,
1902 with capital atock. 171.00, and
pubkithed popular mutlc
.SAMl'I'.I. HiiI.l.lNiillH - -A petttton In
bankruptcy baa lcen lllrd agatnat Sam
uel Holllngur, wholesale dealer In
watches and Jewelry. 17 Canal etreet.
He ulso made an assignment 10 Henry
tcsser Liabilities are reported to be
S12,or0 and asset ,000
A11HA1I A M P. PKHIVSTEIN A pt1tlon
In bankruptcy has been filed agalntt
Abrahatii P. Perlsteln, dretais anil other
wearing apparel. 114 Wett Twenty sev
enth street Perlsteln alto made an as.
slgnment to Ieiuls Ureal 111
IIIMSE H. JAI'OIIS of E inaford. N. T,
has filed a pe'l'ion In bsnkruptcy with
llabllltlea I2U.029 and uate-a 7.f,45. con
elating of real estate, IT 100. mortgaged
for 17,700; rent due from house, 150, tnd
paid up life Insurance 13...
Composition Continued.
MAX KOHItE. - Juilg II N Hand has
lontlrined a compoaltiuii or Mux Kobre.
private banker. 41 Canal street and H
ilr.md street, at 100 ,-ente on the do'lar
the two creditors who .'.poaed tho toll)
poaltlon having withdrawn tbclr oppoat
tlon Twenty per cent ctah baa alre.idv
lieen paid and the balance la to be paid
by 11 liquidating corporation known aa
the Kobre Aasets Corporation, whlfh will
liquidate the asaets within, It Is expected,
four years. There were 26.000 de.
posllnra In the various branches nf the
bank, nnd the total llabl'li'ea were
44.470.395 and nominal neaota fl 000 000.
In singing the composition Judge Hand
reserved to the deposltora all rights to
proceed against the Maryland Casualtv
Company lo collect mi the bond of
1100,000 given to the rotate, Comptroller.
Assignments,
AltTHlt OfXlEL, diamonds and Jewelw,
71 Nassau street, baa made naalgnment
to Albert F. Irfiwenthnl He waa
formerly In huMiieaa In en leiql and
started here In 1909. He -w is lormeriy
treasurer of the Tango Vanity Company.
JOHN H. IU'NN. who formerly had 11
restaurant nt Hl.1 Columbus avenue, has
made an usslgnment to Maurice p
Davldaon
Assignment Rchcliilee,
NATIONAL WOOLEN COMPANT, 67
Irving place. haj Hied saslrrninent
echedulat ehowlng lUhlllllss, 157.431,
nominal tl, 1(4,495, and actual
aaeta, 120. S63
NATHAN IIOTMAN carpela, 43 Itlvlngton
street, has Iliad aaalgnmrnt si liedule
showing llabllllles. llfl.OOO nominal as
sett. 11,000, and actual assets, 1475
JOHEP1I M I1LEYKH A HON. Joseph M.
Dleyer, trading as Joseph M. Illeyer A
Hon, paper and twine, 341 West Seven
teenth street, has riled achediilee show
ing llabllllles, 164,106; nominal asaets,
112,411, and actual assets, 117,461
263rd Consecutive Semi-Annual Dividend
F.HTAIIMSIIEIl I7M4.
I7ie Bank of' New Yorh
" National Banking Aitoeiation.
Now York, June 22nd, 1!15.
Tho Board of Directors have this day
declared a nemi-unnual dividend of
Kight (STJ. ) per rent., payable on and
after July 1st, 1915.
Tho transfer books will remain closed
from June 25th, 1915, to July 1st, 1915.
JOSEPH ANDREWS, Cashier.
TCiutoitoroii coNxni.niA I'Eii
I I III I lllt.t I ll).
Not Ire of Pa.t nil-ill of llltiilcnd.
The lljiinl of lur ctora or he Inter
borough Cunsu.idatiHi i u"i"Mi, n at a
liiee'lng hel.t to-day dec. are I ir n, au-p,,a
a dividend of 1 1, c, ,in tl,e piefirrtl i'wk
uf the lutrrborouKli Consu ,o,i e t i orpoia
ttoti, payable at tlie oitlce of the (Ninip.in .
No, 1,5 Hroudway, N ew Vork city, on Ju.y
nth, 1916, to sto khoider, of re 1 a- the
cloae of business nt 12:00 o'clock Noon on
riaturday, July 3rd, 1915, and tlu-reafttr 10
the holders of ull such preferred si K uf
the Interborough Consolidated I'urpnr.itl.'ii
us may be Issued in c. barge for pre
ferred stock of th lnterborough-.Metro-poSltan
Company and Finance and Holding
c'orporailou.
II. M FIsiIElt, Secretary
New Tork, June 23, 1915.
TIIE IIANOVF.K NATIONAL It INK
of the Clly of Now Vork,
New Vork, June laili, 1915,
The Hoard of Dire r. I ,te nia isv
declared a quarter. v dltldei, t r i IVB
PEH CENT , pnvabie on ui,,t after Jtuy
1st, 1916. Tho transfer books wi , remain
closed until that date
ELMER E WHITTAK Elt, Cashier
HARRISIURB LIQHT& POWER COMPANY
IliirrUburg, Pa,
Th Hoard of Dire, tors hate de. ared a
regular uuartei.y divlden I uf IV ,u ii,
Preferred Sunk of this louipiti) n wn
Juna HO, 191 to st .. kho l-a ..f re .n
June 21, 191j Chei-ka wi. he inai ed
II, W. MIIMl, Trea.urrr.
THE HANK OF AMEIIII'A.
, New Vork. Juno lth, inifi.
The Hoard of Dltectora hac to-day declared
a seml-anntial d1 bit nd of fourteen ,i i per cent
freeofta. pavablcl ulyist, lull, to stockholder
of record of this dat.iv
The transfer book will remain closed unCT
Jnly'2nd, IUI3.
W. M. IIENNET. Cashier
ar.AIIOAIID NATIONAL llNK.
Now Vork, June 17. IJii.
The Hoard of ti?ectms of this bank .'.a.
declared the uui. iiuarier.) dividend of
three (31 per cent , pujatdo July I, 1911,
to stockholders of isiord on .lime 21 1915,
W. K CLEVEHI.EV. Cashier
Rnnecvelt ntrlkr Conviction.
Ntrx nitfNsvrici:, .N. J.. .lune. 23.
Iorurd Frtfclnl, n prominent tlKtiro In
tho llooeovelt strike wli.. a..l.l u...
I .in intent for tho Anicucin IVderatlon
or i,alor, waa convicted to-daj .f havlnir
plnced ohstructlona on the railroad
tracks: the inornlnR rleputle nhot a num
ber of strikers. Frank Morrocco antl
Vita Lt Busco, tried Jointly wltri Pres.
clnl on the samt charge, were, acquitted.