The sun. [volume], November 24, 1915, Page 13, Image 13

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

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

                
THE SUN, WEDNESDAY, NOVEMBER 24, 191ft.
18
HOLIDAY DULNESS
IN COTTON MARKET
fulling n n Small Scale, but
tlio I'noVrtone Contin
ues Steady.
MIL'
Bf'Y SPARINGLY
i
BRten wal very dull yterdy, with
KlIM Ml Pr-1"ll'y n1
operations CkMty of local professional
n-iftn To eteaxllnea of Southern spot
markets served to check any sailing
movement here. nd with a mall decline
the opening price gradually worked
up mil c)04 around tha bal of Hon
III Inal prices. Thara waa aotna ally
ing for lh account of aplnnara calling
ttton. Mr general business waa ngnt
ajatinvni very
are no .i I" wnicn prM-as can im nera
uD with crop of even 15.9OO.O00 bales
ahen MPOrti are J.aofl.ftftO balaa less
lam f.iieon nnd American aplnnera
I in buying iparlngly. There la a dls-
pogjtic!! t overlook tha fart that exporta
,r, fuin than they were at thla time
last fott ' '' nt If tha twrT problem!
iiirrourulinir the shipments of cotton lsst
season acre Kold II may be equally
possible to work out an adjustment thla
season
.mert.-an mills are practically out of
the market. MM they are coniumlnit a
greet deal of cot top Ixx-ul brokera who
have been In Hum England recently re
port a record business throughout the
Mtfto district of Rhode Island and
MaeaachuMi-ttN and say that spinner are
hoping to art their supplies at a trifle
loser price.
The Coltm nnd Cotton Oil .Veto aaya:
Vie are nut at all worried at the lack
f demand for epots U'e have aeen
Uis spinners out of tha market In No
verrrber at t rente and bidding rave
nously for It at 13 cent! In February.
Just rreeie to your cotton. Msg time
le (oiral to come when Liverpool must
raise tta bid. and neutral countries will
' eur cotton If our ahlpa have to be
renvored by tha whole American navy.
Tf you happen to he doing business with
a 10 per cent bank and oan't cat the
-noney cheaper to hold your cotton.
iotlfy this paper or the Federal Reserve
hanks at Dallas of Atlanta and your
ivsl banker will be (lad to come across."
Market cloned steady.
Open High-Low- Clee- Pes,
ins set est. In doss.
peess)oer ii h ii.as ii.ee n 11911 v iiswiui
.'anuary .. H t! It 11 a U. tl.flfll.s
M--ti ... II B 11 97 li st II Mttllt 11 994111 99
May Ilea 11.14 ll.M lt.lsill.ll 11 1141111
Inly 1111 u 11 9 11 1119411 is 11 19411.11
Tha local market for spot cation waa quiet.
I nointe decline: mtddllna. 11. Tor. Southern
Ha no markets ss officially revolted were an-
rnsngea -vw urieene, 11 ar ; upnon.
HKr.; Savannah. UV,r : Memphis, 11 Me.;
Anrusta. 11 32c.. and Houston. 11.S0D.
Vw Orleans market ope d steady: closed
Open High Los
I OS
Clea-
insr
close
pweabsr. ti n 11 49 li st u.MltJ I1.atsui.ss
lairaary . 11 M ll.M 11 e tl.aeAll.U ll.naHl.ls
Marh ,.. II 1 II 11. n 11 494911 41 U.sMillM
gar 11. IS ll.M 11.N 12.0Js711.Qe 110444115
Tha Liverpool market opened quiet. There
vaa a geoo demand in spot cotton, an in said
riling 7 Dolnts decline at s.asrl. flalss 10 org
balea: receipta. t2.0M balaa. Including 14.000
amrnean. .ioeei eaeany.
Open- Hirh- Low- Cloe- Prev
. . Ins. est. est. lnsr. close
M Feb t il 9.99 4 Tlsa 1 an. Cat
Mar Apr TH S SI 9.79 4 90s, 4 Sat,
isyjune.. a. 7a a.ev ansa a .as a as
Jllf-Atl 1.7a .7 1.14 I.NHI.N
Tha 11 A M bids to Liverpool were: Jam
; : March. 11 Sic ; May. U.sse.: July.
' ne maraei mere la one to orjea to-
4u IS 10 2 points sdvsnce.
rwt 1
rtxeipts and stocks
He Last Iast
CintB VVBP atjUtlaa mmm
SllTfalOD lU.SlS 44.1.12 22.160 SS7 1L'
S'OrlailB in.ajs n.nrio 312.11 fil.tM
Mobllr n l 21. 1ST M.I44
ivannah ... 1.7IS I7J 2n:,.r4 1T1.424
JiVlflton... 3 320 M.MI 14.421
"Inilmton. lis 7i J2.34T la 127
serfels .ii2 i.aj m m 4.o7
tsaarlor receipts and stocks:
Re Last Last
ceiots. year Stocks. yesr
A'lnau ... ism S.101 lal.MS ltt.110
Mrmphts .. 025 .M S7I.S24 2 H
B !fi" l. 11.T71 M.S0T
Hfjulon U.SM M.4U lM.TsT 1M.114
Bstimaled port last Last
c.i receipts to day week. year.
Salraalnn . ll.Ora) to U.aOS 4. MS 11114
Orlran, . rj.soo to 7.400 t.4t 10.M2
Kaporta realenlay were ILM balea Total
thill far Una season. 1.710.141 bales Total
las' Basso a, LUMN bales.
GOSSIP OF WALL STREET.
COTTONSEED OIL.
Tn III) moved up sharply. TVestemara
s i seal aborts were moderate buyers.
Aovtsaea In lard had much to do with
IM Mi . r basia Crude nil waa I II in tha
".i h.a-i. Tliere was very little hsdfe
(4 Isf hers. Tlii. local pot poaltlos shows
J . i itrsagth, Normbsr oil selllBf) st
A Bessr Prspaaasla.
For a fortnight past Bteet has been
Immovable. It ha held within a nar
row ranca while something Ilk a mil
lion shares have bean turned over. For
aotna time some people have been ask
ing why United States Hteel did not go
up, while others have bean asking why
It did not go down. Tha stock aias
fooled both speculators for tit advance
and speculator for the fall. Tha con
fidence of the buyer ha been matched
by tha confidence of the eellere. Ths
professional element, Including several
large operators, baa committed Itself to
the short side, confident that a reaction
would coma. Thlr stste of mind la per
hap mora anxious than thai of the
buyer because tha buyer can afford to
wall. Tha sailers feat mors uneasy
about their position the longer the re
action Is delayed. They sold stock on
th theory that the public would sell.
But the public ha so far shown llttla
or no disposition to liquidate. As a re
sult, the market for Hteel 1 uperflclally
oversold and the shorts see ttiemeelves
locked In. Evidence of the uneasiness
on th part of tha short Interest Is
shown In various ways. It I d la played
In th scarcity of th stock on setback
It Is shown also In a regular propaganda
for the distribution of valuable Infor
mation anonymously. On detail of thla
propaganda I the mailing of printed
cards bearing the following Inscription:
"U. H. Hteel, 1.71 per cant. Th above
I th yearly average Income received
In fifteen years of III greatest pros
parity America haa vn n." Thl
method of presenting th bear argument
la not novel. It ha been employed In
almost Identical fashion on several sim
ilar occasions In th past.
Caa F re) fen eg.
American Can preferred want to a
new high mark. This I apparently tn
response to tha reiterated rumor that
the back dividend on th preferred,
amounting to something mors than
M r cent, r to be . paid oft Within a
fow week time, it I Interesting to
not In thl connection that th common
dock show no disposition to follow the
Isad of th preferred. A good deal
of comment ha been caused in racent
weeks by th tenacity with which Can
st'eks to th atsty line, withstanding all
effort of th traders to maks it desert
It In either direction.
Haw Have.
Clark. Child A Co say of Nsw Haven :
"New York, New Haven and Hartford
U one of th greatest puaala of th cur
rant market. Apparently It pall where
It doe arlmply on th strength of its
eputatlon, which conduce to th hop
with the old holder of tha stock that
soma day It will return to It former
astate. But It Is a rather forlorn hop.
On the strength of current earning.
Erie common Is worth, if statistic count
for anything, much mors than New
Haven. New Haven la facing a period
of difficult financial operation In the
disposition of aae-ts which th United
Htates courts have. decreed It must sell,
as well a In th arrangement of an
unwieldy floating debt. The company
we believe to be solvent, but It haa
been able to live to thl time only
by reason of it past strong standing
with the public. Its security holder
have many troublesome problem before
them, and It eesma as If ownsrs of th
stock could reasonably shift to th low
priced Issue of other Eastern road
and avoid the worries Incident to a
general financial reconstruction, which
certainly Is In store. It ta not only
floating debt which complicates! the New
Haven problem, but also a pressing
necessity far money for Improvements
which must be mad to preserve its busi
ness and bolsters up It waning credit
e e e
"But New Haven stock I year away
from dividend. It I understood that
ths whole subject of financing la now be
ing considered by the management and
that the majority sentiment Is In favor
of an Issue of preferred stock to take
care of pressing dehte and needed Im
provements rather than the creation of
any new mortgage obligation. The
money needs of the road are sniggering.
Its floating debt la ncarljs ISl.OOV.OQO.
Including the New England Navigation
Company notes due eighteen monthe
ahead, for which the New Haven as tha
only stockholder Is liable. Its bonded
and floating debt aggregates to-day
about SIT for each 1100 of stock out
standing, against which Is to be placed
th securities of controlled railroad, trol
ley and steamship lines which must be
sold by order of the courts and which
are of moat uncertain value. In addition
to the debts the road must raise at least
130.000,000 for various Improvements
during th next five years, and It I earn
ing lasa than IH per cant on th (took
to-day."
MORE STEEL PLANTS
PLAN EXTENSIONS
THE BOSTON XAKXET
('on tracts, for Material Being
Closed Quietly No Gen
eral Inqnlrlei.
t! amber,,,',,
January
Starch
stay....
Cloalng Prev.
prices. close
bid.
a i:ai.4 i.oi
I2dl.ll too
.15t 17 III
1.2101.21 1.14
1.369a.7 125
THE PHILADELPHIA MARKET.
Pim.AnKI.Prna, Nov. a.-Trsdina-
statlonary
NMI and pn.'ee were meetly
jS32 , 1 "'d UD hslf a point
... pv.ui ins summary
was
ary
and
N Am Qas N J
m Milling-
J-l Am Railways
1.e BaJdum hnvo.. ..
IJ hurt a Susn t c. .
I. Cambria Steel....
Beet Morale
IJ Sen Aaphalt pf ...
J j," to of N Am.
Ml Kerala Tal pf..
J lelnih Valley.
I Lai Yal Tran pf
ROrthern Central
4J Nnr), p,.nn
11 Penn it r
gc i -ait Mfg.
1 1 1 anni steel pf.
ft PV: Cg
41.'!' 4 ';! "pf
Si 5 Eleotrle. ..
2 ffi "sp Tr t c
JJ Wuls Traction...
IJJ Rvl:nk-
m galled Oaa Imp., sm
f: S "'aahoie. 41
1 DTI Ilwya pf S1'4
BONDS.
"" Hud Man inc ... 33
' ','rr.i,, s 4s. t
:"' ' )' i al t'nsl m..m2
. ' al t un tia... no
.. . iff
... - f ' 4m s
I Elfl EOlil f.a 104
KJ fold : in;: i
t HQ wta.
- fly e inv a
Oren- Hifb- Low Clot
nix. rmL
est . I ns
in lit lie in
H , 414
"s ti aj
H"1 1174 1I7U lu
a E 1 &
fM 72I T2SI T-jai
141 ". 24SI MS.
Mt. U 144? Mai
kZ nC ni
LfH M4 Mt Ml
2 K SJ
ia S r'H
!0'a i'"S !'" S
44 s'a S4 M
4t 4 41
41 41 43 41
n n rut
Hi lTa 1T, ITvl
7114 io Tii m
M W 12', H
X4aU J A BV an
wsrsa, smss Mas,
t IX M
aH Ml M
I 41
L I
tlVa U' S3'
n r u
mL lot 104U
K'i K tVi
83 a n
r, w
: I's 101V4 101U
low loaii 10314
no 110 110
11a le HI 1'4
103 103 Kg
a aviej jwis ivia
42 42 3
101 104 104
a 1W, 1(g 103
a IH W'a K
"t "4 74
THE PITTSBUIIO MARKET.
.."IT-..
Bertr .
lasr ..,
"in, in , .
.o.t T,
it 0, Nov. Columbia Gas snd
-,"lv ami closed with fur
t K, Wiuilow f: u aa..o.iu
l i.ion Itliob eere uu . hail
aununary:
jw
' pf sit
! 0 m ma
K M pi yi
Rier Oas S
I - pi.. ... Q
i. ,1 la . IM
t Wiiker pf (.(!',
1 vprpof uu
' prouf pf 'a
1 '' Willi . .. (I
'(rearing nf 17
.tr Oluaa 1 3S
Oil !l
n to. . hk
ray IT
i"h llg.lliMi
iitss 1st.
N il Oaa l.tAij
,e
Open Hirh Ix,,-. (B
os. eal 1 at
oa
It
M
M
10
Sat
MV
M
"f
-a
120
161,
all
b
traclble Olvldrad.
Tlie Crucible Steel director declared
a dividend of 1 per cant, on the pre
ferred Mock, resuming quarterly divi
dends that a-ere suspended on September
17. 1514 The dividend Juet declared I
payable on December II. Th tock I a
7 per cent, cumulative Issue. Unpaid
dividend to data amount to J44 par
cent Crucible Steal common era quit
strong, rising to 77, as compared with a
low of Tltt laat Saturday. Tha high I
lOtH. touched a few weeks altio.
THE STEEL MAJtXXT.
Shipyard PI ad ZMMcalty ta Oet
taT Material.
aporters are flndtug It difficult to secure
prtose on 10.00 tons of 70 pounds rails for
Prsnos, as seconds are epedgad. Vary few
of the rail mills have any surplus of such
rails, ss tha rail ssills have been operating
eatlslsctortly and any off lota have been
readily disposed of In th South. Fabricated
structural steel continues strong at 1.7s. to
1 Tic base Pittsburg, for starslar.l eeiiions
In fact, most of the structural null, are
still worklnr on bar orders for export, which
mmtnaiKl m uch lUgher prices. Steel plates are
atronger. with prlora ranging front l Kc to
2c pound tor ibipeaent over the nest
tar or three monthe. Shipyards are nndlm
difficulty In securing either plates or shapes
for early shipment. The largest fabricating
order continue to come from steel mills that
are preparing to Increase capacity. Such
contracts placed tn the last few day amount
to about 12.00 ton.
The Republic Iron and Steel Company hss
placed an additional contract for 21.000 ton
of beseemer Iron at fl? Valley furnace for
a Moment ovar ths trst quarter ef next year.
The Republic company has derided to con
struct another blast furnaos with a capacity
of 160 tons. N O. Taylor Company Is In
tha market for 1, 00 tone of beeic Iron for de
livery at Cumberland. Pa., over toe second
half of nest year. The Marshall Foundry
Company Is In the market for UVOOO loos of
bessemer for delivery sear the eeooitd and
third quartere of 114. Thee are alao In
quiries for about tO.OUJ tea of beslo Iron In
the Pllteburg diitrtot.
TEE STJOAX MAXEXT
IM 1134, 114
ITW 1TT4
IN
l'4
1 Hi,
7i
n it
121U 1!
.ail ik,
A II 1141, :s4 .
'iMlia.. K 491. 4i,
HON OS.
ui ihel ti,
144 1144
Kslsrra laacilve tloelna Pedee
1 to 6 Point Iwr.
A arm undertone prevailed In the market
for raw suiar end sales were reported of
2 000 bags of Port Rico tor prompt ship,
men! at 4.77 cents for centrifugal N test.
On this basis the spot market remained un
changed, eithough it was said thai holder
of Cuban sugars were demendlng as high
as 4 cents coal and freight tor prompt ship
merit, and aalss were reported of 1030 Viaga
Cubes for February ahipment st 114 esnts.
Refined sugar was Inactive, but firm on
the basts of esnts for fine granulated.
The market for sugar futures wss Inactive,
total sales amounting to l.ttO tons, but lbs
market was barely etesdy owing to moderate
liquidation and an absence of more than a
limited demand. Closing prices were 1 to t
points net lower. Prlora follow:
OpenmgB-Low- Clos
ing, mi. set
i Movent nor.
lie. emoer.
January .
w .
Kx:::::
June
July
August.
Th Alan-Wood Iran and Hteel Com
pany I understood to have placed a
contract for plant extension with the
McCllntlc-Marshalt Construction Com
pany calling for 1,S0 ton or fabricated
structural steel. Several other contract
for extending and Improving plants of
steel companlea are (till under considera
tion. These will call for probably 10.00)
to IB. 000 ton of tl. A significant fact
I that soms of these contract are being
closed quietly, no general inquiries betna
Issued to fabricating companies. The
Boston snd Albany Railroad ha put out
an Inquiry for two email bridges, calling
for 160 ton of gtructural shapes, and
about 5,000 ton of other railroad bridge
work are pending In the East and cen
tral West.
e e
Tha city of Philadelphia will recelv
bid on December on another aacUoti
of tha Frankford avenue elevated, call
ing for 1,100 ton of steel shapes, an I
New York city will receive tender
within the next week on the construe
tlon of a court house and Jail at Thir
tieth etreet and Seventh avenue, calllPK
for 1,7(0 tons of structural shapes,
see
George A Just ha taken a contract
for a theatre to be constructed at
Brockton, Mas., calling for 700 ton of
fabricated shapes, and th Hay Foundry
and Iron Company will fabricate 700 ton
of steel for an apartment house to be
constructed at Fifth avenue and Sixty
seventh street. A noted last week, the
Hlnkel Iron Company will fabricate 2o)
tons of shapes for a building at Maspoth.
L,. I., for Mann Bros. Th Passaic Steel
Company ha been awarded a contract
for ISO tons of structural steel for the
Uoldberger a Kramer apartment bona
to be constructed on Forty-ninth street
and tha Industrial Iron Company ha
taken a contract for S00 tons of fab
ricated shapes for tha Rarltan Building
to be constructed at Perth Amboy, N. f.
e e e
Bom of tba large fabricating chop
In th Bast am section are running; at
only little more than (0 per cant, of
total capacity, and most of th large
a well a many of th smaller shop.
are In a position to take on a much
heavier tonnage, but the difficulty I In
obtaining prompt deliveries on contract
for plain material. Among the contract
pending are 300 ton for a garage at
lllst street. 1.100 ton for a hospital
for th detention of women, at Seventh
avenue and West Thirtieth street, and
100 ton for an extension to an office
building at the southeast corner of
Broadway and John street. Several
other apartment house and loft build
ings In the metropolitan district, which
hav been pendliuc for some time, are
till In the market, calling for about
1,300 to 1.0OO ton of steel shape,
see
Th United Statss Steel Corporation
I understood to hav mad additional
heavy appropriation for plant exten
sions, among the latest being a substan
tial sum for the building of a by
product coke oven at Cleveland, which
will facilitate operation at the plant
of the American Steel and Wire Com
pany. e e
Th Minneapolis Steel and Machinery
Company 1 reported to have taken sev
eral contracts for t ranch excavation tool
for th Russian Uov eminent, and the
Bull Tractor Company of Minneapolis
ha taken eeveral substantial orders for
tractor engines for the French and Rus
sian Governments.
see
There continues to lc a good demand
for steel making pig Iron, with sales or
about is.,000 tons of bain msde In
the Philadelphia territory during the
last few day. Among tha contracts
closed was one for 10,000 tons for the
American Steel and Manufacturing Com-
par y for shipment over the first quarter
of next year. The other sales are made
up of everl thousand ton each,
mounting to about 8,000 ton, also
for shipment over the first quarter of
next year, at approximately fig de
livered. All 0 thl busbies was taken
by a Lehigh Valley furnace. It Is
understood that some of this Iron will
be shipped from stock. Th Republic
Iron and Stael Company haa bought
25,000 ton of bessemer for first quarter,
1918, ahipment.
ess
Oret Britain. Itly and Janan con
tinue in the market for eteel making pig
iron, ano some additional contracts have
been closed. Including one lot of (00 tons
of standard beasemer for ehlpment lo
Italy. It I understood that the price ,
Pi a was between 919.50 and 120 at
ship's aide New Tork harbor. Another
Inquiry waa put out yesterday for some
low grade foundry Iron for export to
Grant Britain. Japan la understood to
hav closed for some additional lota of
low phosphorus nd high grade foundry
Iron, and I reported to be still negotiat
ing for a large tonnage of low phos
phorus. e
Several additional salsa of foundry
Iron were mads by Ihlgti Valley and
Buffalo furnace yesterday, amounting
to about 3,(00 ton In lot of 80O to 600
ton each, for shipment over the first
quarter of 1916. The price realised
range from $17 to (IS at furnace It Is
difficult to buy No. 2X foundry In eaatem
Pennsylvania under $17, although there
were rumor that $10.50 oould still be
done. At Buffalo $17 Is the minimum,
and eome furnaces refuse to sell under
$17.(0 furnace.
e e a
Congestion on th ratkosda converg
ing at New Tork Is moat severe and
all sorts of manoeuvres are being re'
sorted to to release curs on siding. Ac
cording to on report yesterday 11,000
car are held on the tracks of th La
hlgh Valley Railroad between New Tork
and Buffalo. The urgency for empty
car I extreme, and on a New Jersey
railroad. It I reported, some material
waiting; export to Russia has n un
loaded on the (round, possibly to release
rolling stock.
e
Steam coal continue soarcs and strong
at full prices for prompt ahipment, whlla
CM bituminous coil Hold yesterday at
$1.40 to $145 at the mines. Including one
lot of (.000 tons for export and one lot
of 74.000 tons for delivery over th next
twelve month to a domestic consumer.
THE BALTIMORE MARKET.
BALTIMORK Nov. s.-Actlvlly continued
In Cosdsn. which wss unchanged for the
day Other stocks were steady and not muck
changed. The summary:
Onen- Jfish. u. n.
C - 'M; !. 'ng-
84 Citizens Bank
if Con Power....
JOOOCoaden
MSCoadeu p:
i uavteon
a0 Klkhorn
I Fidelity Den
II Houston Oil
oust on oil pi
Pf.
t4
3
M
2144
4
U4
M
17
M
21
14
M
714
N
70
M7
K
14
1
94
If
M
41
M
24
4
114.
11
H
1
BOSTON, Nov. 23 -Copper eharea wers
steady but lee actlv. Alaska OaM. Amen
ran Zinc, and fhaltack and Artsns were
the most ertlve stocks la the mining le
partment. New York. New Haven and Hart
ford waa the most actlv railroad share,
holding needier then yesterday Atlantic.
Gulf aud West Tndlea common and preferred
r features in th miscellaneous net. both
ruling strong The summary :
rkMM. Wih. Taw. Cloa.
Sales. fog. ett. t. mg
las Anmeett H14
low. Alssks Gold 1791
100 Algomah l4T
13 Alioues (9
9mi American Zinc ... 704
71 Anaconda 99
ISO Anions Com 74
141 Sim Alex Scott. 1114
4 Hutte Bal 9g
177 Rune terpen or t?v
171 Calumet Axla. . Wis
24 Calumet i Red 97
39 Chino s(
54 Copper Range 92
est Esst Butte 191
119 Franklin I
920 Oranby 94
7.M Greene cananea
It Indiana
129 Inspiration
1.. laianu t ress
11 Island tree
no Isle Royaie..
2m Kerr Lass
19 Lake
10 La Salle
19MSSS Con
199 Mayflower
9 Miami
9m Mohawk
499 North Suit
10 North tke
lie Old Colony
91 Old Dominion.
100 Osceola
: Pond Creek
9SS Qulncy
lea Ray Con
1 Santa Fe
1179 ShMlock
too South Las
100 South ftah
431 At Mary's
1 10 Superior Cop Dee
ttt Trinity
190 Tuolumne
779 17 9 Smelting . .
911 IT . Smelting pf
19 ftah Apex
100 I t ah Copper
(0 Winona
RAILROADS
10 Boston Kleveled.. 93
25 Boston a Maine..
1 Boston A Prov . 20
1170 NY. N H A H... 77
1 Old Colony 19
1 Rutland pf 10
10 West Knd St Ry .. 9114
19 West Knd H 1 pg
MrSCEULANEOr
10 Am Agr Chem... TM 724
1 Am Agr cnem PT in
1A Amookeag 99
a Am .Hugsr 11
2 Am Sugar pf lltH
899 Am Tel Tel . It9
1 Am Woolen 9
jr Am Woolen pf 99
I74 At Oulf W 1... 91
909 At Gulf A W I Pf 49
92 Edison 940
10 General Electric. ITS
61 Mass Oas.... 9IU.
1 Mesa Oa pf
a McXIwatn pf...
92 N E Telephone
11 Pullman
90 Swift A Co
2 Tomngton
Executor
Chartered 182
Trustee
. 14
91
s
. 9
3e
. 29
WS
If
. 47
4
S'4
144
91
a
9
M
SO
29
II
S'a
a
u
04
in
Vs
(97
99
92
ft
19
94
49 u,
43
99
2114
i
19
944
994
92
IS
I's
9!a
94 a
11
ail
2H
941a
r.
90c
97
arr'4
10
IV
44
3s
M
n
99
71
MS
7S
I
9914
M7
99
92
s
19
94
49H
H
44S
41
!
29H
4
114
(S
II
le
M
32U
I
99Mj
W
1
0'.
M
H
Mi
H
nc
90
27'a
lfl'a
v
44V.
4SH
w
ml
3'.
92 92 n
99Mj :'.!', T.i,
190 2M wn
:s't 79M 7744
loO 1EA 199
an 90 o
93Va 914 "
99 93 91
The Fanners' Loan and Trust Company
Nob. 16, 18, 20 & 22 William Street
Branoh Office, 475 Fifth Avenue
New York.
L0ID0I, 16 Oookirmr 8t, 8. W. 26 Old Broad Strati, ft a
FABIB, 41 Bttdmid HktvMuas BESLIH, 5t Uator in Llndan, ft W. 7
TrtTelen' Letter, of Credit
Administrator
Foreign Exohango.
Ouardiai
If It Fair
. KV
. 99
.199
' Torrlnalon pf..
992 L'nlted fruit. ...
.IS
944
. 99
!
101
w
117
ms
12
9
99
4S
7'4
240
179
TH
MS
99S
ia
19
1991
3S
10
90
29
MS
-sr. fni shoe Mark
79 l'nl Shoe Mcb pt H
i m. 1- a Sal sma
1 T7 steel pf "(S IJ
71 Venture Ofl US gl
92 Western Vnlon 99'e
BONDS
$1(9 Am Agr Ckem (e 9S mh
4990 Am Tel Tel 49 91 91
(00 Am Tel A Tal 4HS1J7 107
2990 A O 4 s 1 H. . . a z
200 C I Q Joint 4s
ism v Oot Yarn ss
mm alh Sa 99A4
sass Western Tel (e. S
MV4 99V4
744 744
9SA, J
9S 94
THE BOSTON CUBB MABJDST
10"
11
1114
129W
90
94
13
49
94
ITS
97t4
9T.S
99
1121,
1M
199
K
4S
2
s
IKS
IIS
19
S'a
91
107
79
M'a
74
M14
99 Ss
7:
IO.
99
1HS
HHa
US',
M
99
h
94
11
97
H
99W
11714
19
12
94S
99
1(9
494
9H
ll(w
US
as
Mi,
91
107
7914
M'a
74
Ml,
Bft
BOSTON Nov -Ts
prices follow :
Alvsrsdo
Bar Slate Oaa
Bingham
Bohemia
Begote
Boston mm
atntie A London
Calaveras .
Chief i oneo uneven
ConMlidaled Arisen ....
Consolidated Copper
Crown Reserve
Cortes
Cl Corhln
Davia-Dalz
Kagle A Bluehell
Piret National Copper ...
Goldneld
Houghton
Iron Bloasom
19 Koes
Majestic
Mcfcinler Dsn-agh
Mexican Melala
Mines of Amerie
New Baltic
New Cornelia
V,viuU rtmiaiaa
Ohio Copper
onero
Southwest Mleml
Stewart Mining
l'nlted Verde Extension
ftah Melala
Tonopah Belmont
Tonopaa Mining
Yukon Gold
Boston curb closing
Bid Asked
Tft is
.si .a
.79 i a
.41 .
.99 .41
l's
IS
IS
IS
.97
.11
.06
BS
IS
2W
2
.(,
.91
.19
,9
IS
M
a
2
!io
i
90
.5
&l
104
4S
4Ve
2S
lw
13
.07
IS
l
9'a !
'S
to ta pwpjtji you har ere tad, to jrour famll to wham
you will taar it to It fair to your own urpo ta commit
tha many nabtoms Incident to th ettlement of your estate to
a matsa insipai tencod ta such matters i"
Th ssfmopalltan Trust Company ha maun tain ad twiatsr
rtiptotUy dnc 1U1, an organisation trainer in th handling f
th many tntricnt problems of trusteeship. Thli organlss
ticsa command ample resource and in every way justifies th
mcraaatng confidence which it i continually receiving.
Bkfm "lU StrUct Veu" mill is ssnf sasst rseasit
Metropolitan Trust Company
of th City of Now York
OooifC C. Van Tuyl Jr., President
49 Wall Streot
Investment Values
After the War?
Some contend that capital at the close of the
present war will be in great demand and
therefore higher rates of interest will result.
Others maintain that the rebuilding process
will be slow and that low interest rates
must be expected.
Those purchasing the 5 Five Year Joint
Bonds of the British and French governments
are protected against variations in interest
rates by obtaining a short term 5 bond
at 98 (repayable at 100) carrying a call on
a long term 4 bond at 100.
Full particulars on request
A. B. Leach & Co.
Investment Securitiea
149 Broadway, New York
OmCAOO PHIl.ADTil.P1UA BCOTOft BUFFAIjO BALTIMORE, LONDON
THE GRAIN MA1EET.
BRITISH CONSOLS SHOP TO 57.
:.
4"
an
:S
55
.15
IS
1 so
40
IS
10'
S
S
n
THE CHICAGO MARKET.
CH1CAOO. Uov. B Stewart Warner showed
an eaaler trend, with the slock receiving food
support on th setbeck Swifts and Union
Csrhlrle held very steady. Illinois Brick rte
dined : points on nioderele selling ( hicago
Rati war nrst (vrtlflstes ms.le a aiibsiamial
recovery Bend msrket active and strong.
The summary: .
uusan- niaii' i" viu
sal
9 Am nwaaaer
Am Shlpbldg ..
190 Am Shlnbldg pt
U Booth fish of. .
!0 Chgo Pnsu Tool
105 Chgo Rys ssr 1.
IM Chgo Rja ssr 9.
:v Cora kVnon
172 Diamond Match
70 Illinois Brick ....
19 Mont Wrd nf..
9 National Carbon
9 People Oas
117 Pub Ser pf
1.1 Quaker Oala pf.
(9 Sears Roebuck .
1496 Stewart Warner
999 Swift A Co......
iw t'nlon Carbide
im t'nlon Switch . . .
4 Deere nf
BONDS
10M Chgo Ry B Is
990 Edison
199 Chgo Ry A as
1000 Inlsnd Steel 9s.
9000 Met eit 4a
15900 Met I, let 4. . ..
15000 Peo Oas ref 9.
HIS 114 1HS
September
October...
Prev
inf. do.
(704.09 179
9 99 149 I II 1(7' 9 (9 144
lit 141 141 It 149 199
119 Hi 1 11 I IK 1 11 1 11
1.19 111 1 11 (14. Ill 9.19
IK 199 Ml
ttt 114 114 1.2 124 IM
177 919 29
SS 116 1 19 1 99 1 94 i. SS
trnfito tit
iMarcantlle Truet M,
(0 Merch Meoh Bt
X Northern Central
, w a r. .
40 Henna
i fapu pa on..
29 Sanulpa Oil pf.
20 Smlnglon ....
4 ifrrion Trust . . .
19 Way! ami O
HAM A C
moo a p si c 4s
. . . -i si i
494 4.H, 4.TU in,
:M u& u$ u?t
... ia:a l 11TJ 1
...139 IB tie laa
-9 1 .-a
91 99 19
7: 72 71(1
n3 h f
si) 10 90
! l(
12 91 91
ins. est. eai ilia
TO 179 (70 979
.9 99 99 99
.99 99 79S 79S
. 94 74 74 74
.45 99 II 99
. 71 7IS 79 71
. KH 1S "S lS
.149S 149S 141 14i'
.ion! I Va V 1S
. 79S 79S 71 71
.ins ms ms HIS
.196 1M 19S IK
11IV9 HIS HI IK
.190 19 199 109
.lamA 104U 10914 199V4
.1974 1S7S 117S IKS
.91 tt 9S US
.1(9 1194 111 IV,
199 19 149 149
.190 1V 119 IM
. 964 994 454 914
.79 79 79 7
.1014 101S IMS 104
. 904 S MU 904
loia; i9S tots io!4
.70 70 79 70
. 71 7( 7( 78
.1024 101S IMS 1024
90
7V4
V.44
'BUM US.
Mm cv 4s.. i:
P A C 44a... KM Ku ,u asu
1190 C of B 4s 93...... 994 MS MS MS
990 4) Ol 4 -l li SS SS 99 91
rs) Con Power notes. 194 144 1004 194
MOM Davison Chsm ss 11 191 11 11
ahribasa h at a
NEW 8XCDRITTE8 LISTED.
Iieaasfs A d ssl I s More Tfeaa
9114,000,000 ta Tradlna.
Th following sscrurltts ware added yea
terday ta ths Stock Exchange list:
Chlis Copper, 19,090.900 espi al stook.
Hiudsbaker Corporation, I2.0l!a,o00 com
mon stock, on ana after December 4.
Bush Terminal Buildings. 1190.099 first
mnngafS guaranteed ( per cent, bonds.
Toledo, St. liouls and Western. 11.491.999
Union Trust of New Tork reelslersrl car
Irlcsies of dsposll for 4 per cant fold
bonds, with authority to add 1. 9(0.999
additional.
I'M. ago. 8t. Paul, Minneapolis and
Omaha Railway. 12,000.000 ( per esnt. de
benture bonds.
-., m in ilng Tabulating -Be cording Com
pany. 110,900,000 capital stock,
DAILY TREASURY 8TATEMEHT.
WASHINGTON, Nov M. The statement et
the receipt and aUburacmenle of the Treae
ury ahowsi
This mo. fiscal yr
eeelpls Mt.M9.M4 I9M.9M 470
Disbursement M.M9.9M SU.Oal.lM
Dadt 910.KI.M4 I44.744.9M
Receipts from eu stoma to day. MM. 469:
tnternsl rsvsnus, anHnary. (U97.444; Incom
tax, 9HO.M4: mlerellaneoua, 177.1(9.
Natlnnal bank note rsosrved far redssap
tlon. 91.71l.. .
The current statement of ths United Slates
Treasurer for November 29 ahowa
OBNEBAXi runi)
Available fold
Avllbl ailver
United Stalea note
National bank note snd Federal
reserve not
Certified cheeks on banks
subsidiary siiser, miniw com ana
ilvsr bullion
Undaulflsd tunsortsd ourrencyl
Deposits In bank and Phtll
Treasury
Avsilabl
nd
mfrantsr
nan.
in
llppln
Treasury
(99.79 117
11.70J.I99
1,301.15
M.244.l
n.iu
97,944.441
(74.4M
.mm
aas
Deduct current liabilities M.M99M
Net balano is gsusral fund 111,97 2M
RKHEHVE rUMD.
Oold casta and bullion (Ml r.M
TKOaT IfUav.
snLMt?t
Wheat flsaea Flssa S(rea Cora
Llat Help other Oral a.
Th buyln- of wheat for th account
of ths Knfllsh Government on Monday
eiceeded th estimates. It 1 unurratood
thst totsl British absorption of Canadian 1
wheat on that day sn c.loss to 1 .too.- !
000 bushels In addition to this th j
Dutcti Government waa credited with .
purchase of about (O4),000 bushels,
Mainly Manitoba.
The market again rwcovere.1 sharply
yesterday As the new continued quite
bearish It wa surmised that siren
foreign houses had resumed their quiet
accumulation of wheat. However, there
was no evidence of a great amount of
export business, the day's foreign taking
being placed at lees than (CeS.OOO buime!.
The pronounced upturn In the corn mar
ket exerted much Influence over the
wheat trad and stimulated considerable
of the afternoon short covering,
The new of th recent heavy expert
buslnees was not available to the trade
during yesterday's session. It ssrved te
emphssts the serretlve methods adopted
by the export boueee, however. The Hud
son Bay Company, which bought wheel
heavily Mat year for England, waa con
neoted with Mnmlay'e big wheavt buyln
at Winnipeg. Beceuee of the belief that
North American wheat growers have cloee
to !. 009,00 bushels a day available for for
eigner there waa no great nervousness
among shorts by the disclosure of the In
creaaed foreign asslmilsMon of euppllse
Wheat values wers quits weak before
midday. There were dsottnes of about
two rente a busbsl In the Liverpool snd
Huenos Avree markets, and our markets re
eponjeu with overnight losses of about a
rent a bushel Contlnoavt largs receipts
funher depreessd sentiment for s tuna,
and while It vess pointed out that d irlng
the Iset two days the hear etc .,- at
Mlnnespxlls and Imluth had actually
ahown a modsrete decrease, authorities
say that bafore he week expire these
centres will report fair net In.reasssa 1n
their alo. ka (hlw. wheat st.wks sre
now being replenished, hut It 1s etill esld
that that market lands itself to the upsra
tlons of powerful Western trsders
rVmrfaireei a world's viaible wheat ahowe the
following tnlala: Sl.ooe.oeo buehele In ths
United mates, against 17.000 000 a year
ago 71.000.000 In Canevds. agslnst 11.000
OOo' last ssaeon. and 77,000.000 In and
afloat for ICurops, compared wHh 71.000,
900 a year ago. Tba net sain for the
seek an 1 200.000 bushels. The larger
supplies at Knglish points have adversely
affected values at Liverpool
. ..r,, TM, market raaJlv featured the
grain list. The outrtds buslnees was large
Commission house wsre ectlve on ins
huvlng elds. Msny recent bulls are said
lo havs liquidated and sre surprised et the
absorptive rsipsclty of ths msrket. CToun
try houass bought corn on bsianoe yeeter
dsy. Ths sensationally bullish crop re
ports from Iowa and ths mors northerly
sections of the belt continued to be re
ceived. The foreign merkate were etrong and ei
port bids hsrewsremore numerous, slthoulh
ths actual foreign buying waa not believed
to bs of noteworthy prrrportrrens. Titers Is
no pressure 1n ths . ash markets due partly
.k. 1 1 w. hrn, movement- The re eluie
tor vara days have been about 1.000,000
under Uiase or a year sao. om n
tn tks mon-emsnt a the farmers flntsh
tliMr husktng operstksns Is looked for.
Several stop Visas orders on the short side
were reached yesterday.
Osts -The price llat ws advanced In
ormformJty with the strength ef tlie corn
market Fresh speculsttve demand wss
not ectrve, however. There was moderate
heslgs selling on the upturns. Reoslpta
ere expected to Increase this week F'or
elgn buying was light yesteedey. although
there haa been a fair buslnees re ently In
Csnsdlan oat for ssport.
Prois4one Wuotmtlims were mnvel up
sharply. Ths demand from ehorta waa
a-. tive snd soms stop loss orders were
reached. lilberaJ hog re, el pre did not
rauas pressure. Ths weight of t lie hof
arrivals la etill Ught.
Chicago prlrea:
Open- Hlfh- I-ow Clos Prev
Wheat' mg est. eat lug, close
Ijecsoiber . IMS 14 W la MM 1094.
1094 1S 101 l'XS 14
Dumber M H II Ml l
Sty . . .. S 4 I'S ITS MS
De'.'vrnber WV " M 994
May ... 44 H? tov, MS 404
January sT.tl 1 M II .7 ITeM 17.17
, 17 30 17.70 17 M 1T.M 17.17
jamilLry M 9 4 9JB .M .
itia ,73 7 ,r
jiiaVy 9M 9(1 9 9 97
isy' Ml 7
Nsw Tork wheel price:
(losing
December "OS
STERLDiO EXCHANGE HIGHER.
Strsegrst Mark Ia Rrerkai Since
(he Big Break.
.-n.. .irhanu tos,k another aanur-f
yeaterilay, closing t th highest
flerures sine tne Dig oraas wnicn
carried damand trl1ng down to .no.
w .. .. A ..linw clnseii at 4.70. wit h
cables at 4.70,. Thl compares with
4tl94 for the rormar anq .(u-oj tor
th lattr on Monday. Franc clod at
, am, m . kuL. Bnd H414, ajar nsJalew
against t.S and 6 2 respectively the
day previous. Italian um wm uimiisngeq
at 9 41 '9. as war rubls at II tt.
v, .. -t. . MM down to a new low rarxsrd
on th present movement, closing at
80 9-10 lor Signs uiatva aim awTi mr
otvbles. Ths previous clos was
801 for th former and 10 U-1S for tha
latter. Austrian kronen war unchanged.
at 14.40.
SUB-TREASDRY OTATEKEHT.
WON DAT.
Paid by banks to a
Pal4 by skis -Treasury to bank.
un- irwaasurr
Last te bank as day trans
lations K.1M.M
STNCM PRTDAT laaarr.
Jaail a lmTfta-m:: WUM
fjss, to bans
o3Srl banks
vlou sjresk..
liTffittf
Leaves I la lOO Years Other Her sr.
Ills Mold Tkelr Ows,
Lonpon, Nov. 23 Th abolition of
th minimum price on the Stock Ex
change did not result In any particu
lar pressure to sell. The trading wa
on th whole rather alow. Th principal
change waa In the market for console.
The minimum on these has been f6.
The opening to-day waa at 51 and the
price subsequently went to 17. The mar
ket was quite active in this security. The
day's price Is the lowest for more than
100 years. However, the rate during
the Napoleonic wars wa S per cent.
Instead of the 2 per oent. rat now
ruling. Just before the buttle of Water
loo, th low psrlce for th 3 per cent,
consols was (34. Previous to that they
had sold a low a (0 4.
I .ending foreign securities were not
affected, they having recently ruled
above the minimum American Issues
were narrow. Canadian shares ruled
easier. Rubbers were etrong In sym-
painy with th staple.
THE COFFEE MARKET.
Prices Eaaler aa Rapertatlon of !
Weakaes la Brasll.
II Is the opinion in many quartera In the i
roBse market ths the Inereaeed difficulty 111
marketing coffee in Rurope as a result of the
Interrupted tra-ie with Scandinavia will cause I
weakness in Hraitl and bring about more 1
liberal offennra from there In the domestic
market. Owing 10 this impreaatoii .iri,s:e 111
Ika local market yesterday st-re easier but j
covering on the part of December .liorta
d heavy awnohlng from thai poaition 10
the later montha commanded the attention of
ISO Ira and pn.-e changes were narrow
closing st a net decline of 1 to It points
Total salea were I7.TM beg Coal a: I freight
fere from Hrsnl confirmed the expectstion
SI lower priora, aa utideecritard ttantns 4a
were uffersd here at 9Xoc to (Me., and well
des.nbed 4a at o to 4.:ij.. while ba were!
uote.l ii lv. all London credits Rio Ta
were offered at 7 tic Ixmdon creshta an.1
rg American credlta The demand, however,
waa alow, end the feet that dehvsrlea ao far
"is month have amountcl to about 7a .mio
bears strengthened the nnimon thel Interior .
handlers are well eiirvilled wllh coffee Spnl '
prices remained urs-hanged. with Bio 7s
unoted st 7l,c to 74c.
The official BrsiiUaa bl ahos,l a decline
of 75 rels In Rio and 100 rets in Hani. is. while 1
Rio exchange on London waa Mad lower at ;
1!,flR.'rd?" 9 ir" P"" srere I ,0M bags. :
against M.9S9 lest year. Prices follow 1
Open-High -Ixiw- Cloa Prer I
. lag. set. sal. ing. cloee
November .. st i m
Ds'bW ((( (M .M 9eJ4.4a C l
January .. g jH t so
J-ebruary (MM.1 t , '
March 997 4 99 194 4 Mf.i . 1(2 I
MMI S6.tr... iW, ,
( (7 .M.M .Tt
June 7StM .T9
'" 77 ( 71 9 7R 4 7904.M 4 41
August 4H4T4a9 IM
Vptembar ( M .M n ( nm n M
October iS$M 9.M I
MONEY AUD EXCHANGE.
The New Tork Federal Reserve Hank
rates were 4 per cent for thirty to ninety
days and par cant for longsr bills I
Open market discounts, prims socept
ancee, maturing up to ninety davs !US
14 par cent. mw I
Commercial paper rates wars 1914 per1
osnr for sixty 10 nlnsty dan bills and
for four to six months beat name. 3 u fa
4 par cent for others
' all money on the floor of th Hi o -k Ia
change yeaterday ruled at 1 per cent,
high, t per cent ; low, 14. pr crnt
Time money held aleadv Rates were
24024 par cent, for alxty days. 2l
par cent for ninety days. ItjtS. per cent
for four months and 3034 per cent, for
five months 1
raterlln exchange was Arm Final quo
tations sore : Iiemttnd, 4.70. cables, 4.7044.
Call money In London. I ( a 4 per ,-ent.
short bills. 44 par cant , three months
bills. 44 per cant.
Domestic exchange en Nsw York: Hf
Loula. par. 8an 1'ranclaco. 90c prsmlum.
Mlnneapolla, 40c. premium: Chicago. 10,
diacount. Cincinnati, par; Montreal. 494c ;
discount.
lUr ailver in London, tSSd. New Tork
oisac
New Tork Cleerlnf House ststement
Eichanfe.. 1534. 609,177: balances, 1:4 044.
147: 9ub-TTsaury credit balance, fill, 419.
BUSEsESS TROUBLES.
A W. M.i itii ic. INC.. women's ppsre:,
144 rifth sveuue, mads an assignnisnt t
II Howard Hancock A petition In bank,
ruptcy an alao filed againat tha corpo
ration by creditors. Liabilities ars said to
be 110.000, aaaeta II.OOo. Alfred W.
Maurloe le preaident of the corporatlmi
A petition In bankruptcy was filed
agelnat him on I-Vliruary 3, 1015, and
he mads a settlement with creditors at
30 .-nla on the dollar. Ths concern waa
. Incorporated on March .. capital atock
110.000
HANNAH FREUD, corsets. 'J2 Weat Twin,
ty-thlrd street, nied a petition In bank
ruptcy. Liabilities 140.171, assets 11,111
8hs has a claim against a women's club
for 111,000 for rent, of no value.
81HKKK lUtli.S Petition In bankruptcy
waa filed by crsdltura against Jaoob
Mrheff, tradlnf as Wcheff Hroa., maim,
faoturer of braids, bib Broadway, He
made an itaalfninent on November 19
THlltTY-yiVB PER CBNT. AllTOMO
DII.K SUPPLY COMPAJMY. Ill Duin
atraat. petition 1n bankruptcy by cred
itors. I, labilities are aald to be 110.000
assets 130,000. Ths company made an
assignment on November 19.
IMPORTERS PRODUCE BXOHAJJOB.
INC., 90-11 Sullivan atraat Petition In
bankruptcy tiled by B. Volgt, a creditor
fer 14,431. It waa alleged that the
company transferred 11,400 lo s7hrlea
Andrsts, an officer of the company. .Lia
bilities 11,009, aaaeta 19,900.
B8A HAZA. trading sa th Western Trad
ing Company t 93 Union Square and
In Baltimore, petition In bankruptoy by
vrediiore. lie made en assignment on
Mondsy.
DAVID THRU, (11 Msat 199d strestt. pell-
International Mercantile Marine Company
COMMON STOCK.
Recent developments in the business and in the situation
affecting the securities nf the INTERNATIONAL MERCAN
TILE MARINE COMPANY have heon such as tn render it now
necessary for the holders of the COMMON STOCK to unite for
the. proper determination of their rights and the protection of
their interests. For that purpose, and at the reouest of holders
of a large amount of the COMMON STOCK, the undersigned
have consented to act as a Committee under the terms of a De
posit Agreement, which has been prepared and copies of which
may be obtained at the office of the Depositary thereunder, the
UNITED STATES MORTOAOE AND TRUST COMPANY,
No. 55 Cedar Street, New York City,
Holders of COMMON STOCK of the above-named Com
pany arc invited to deposit their certificates of stock, duly en
dorsed for transfer, with necessary stamps attached, with the
Depositary, and the Depositary will issue its Certificates of De
posit therefor.
In view of the publicity already given to the affairs of the
International Mercantile Marine Company, the Committee
deems it unnecessary at this time to do more than suggest to th)
holders of the COMMON STOCK the necessity for the immedi
ate deposit of their shares.
Dated, New York, November 22, 1915.
JOHN' M . PI.ATTCN. I hatrman.
President of United Slates
Mnclarearr A Trust IV
I.RWia I., f I.AKKK.
President of American Kachanga
National Usnk
DONALD 41. tiP.DOES,
4 'lark. Dislge a Co..
A. H. H. PoStT.
Preaident of Mercantile Trust a
Depiadt t'ompanv. Itattlmore.
a 1 si x l . Hiliivii,
Wlnakiw. Lanier A i n .
4AII I.I4M I . VAN ANTWKBP.
an Autsrrp. Ilishon a Co..
t OMMI 1TF.E.
ALFRED A. COOK.
Counsel
CBAVNTBY II M1HPMF.V. Secretary
45 Cedar St.. New York.
INTERNATIONAL MERCANTILE MARINE
To Holders of Preferred Stock:
The investigation into the affairs of the Marine Company and it 9
subsidiaries by the accountants employed by the Committee has been
actively proceeding, nnd the results confirm all announcements hereto
fore made by the Committee.
The certificates of deposit issued under the deposit agreement dated
September 21, l'lla, have been listed upon the New York Stock Ex
change. Holders of preferred stock are urged to deposit the same,
duly endorsed for transfer, with stamps required hv the Federal and
State laws, with CENTRAL TRUST COMPANY OF NEW YORK,
the Depositary of the Committee, at its office, 54 Wall Street, New
York City. The Committee will continue to receive preferred stork
on dexsit without penalty until the close of business on DECEMBER
1. 1915.
Dated, November It, 1915.
C K. RIUI.P.R. Secretary.
.'.4 Wall Street. ch Nor', ("it
.IOI. INK, LARKIN ,v It vf II BONK
l.i)H KSA ALKX Mi;n
4 4MIS N . WALLACE, Chairman.
HKKKI 94 4.NS.
lit Kit V ItltON M It.
I 111 III HK k 94. H4 IITT,
t UABLatal II. MtBIN,
I omnilttee
TO THF Hill lints Of rtMT MORT
GAGE ( .11 II III -INKING H'NIl
1,111 l IIONIIs. OP HI -II I I KVI1N l
Bl II IIIM. (I.MI'IM
line Altrll 1st, I'""
The unilcrslgned I'rusiee iin-kr lh. mir:
gage given to secure the ,tboe described
Issue of t.n.Is, destreg under sutltority of
said mortgage to expend ths sum of aei
nty-sla tlioussn.1 (our bun4rd and llftl .
tikilara 1 T4,t.r) 001 In .the purcltas f
bonds .f Bald Issue for the slinking Kund.
lirulded stleh purchase can. In lie . pliiloii. j
i... now made aaieantaeaouatv jea.:e I offers
.if aal I bonda may be as.nl to ths offlcu of 1144
;l:e undfffSlgllcd, Trust DttttRIlrt, ''" 3"flI
Hroaiiuay, New Yrk l1t', on or before 4 1 4 .
Liecember 11th, lylj. at (Watts o'clo.k 1913
tKH.n. ; 4I0
Bonds acrepte.l musi be delivered on te 4:71
cetnlier Ittli. or Security furnlehel that 4.144
day, If reiiulred. that da'lvery will bs I 417 5
mads within ten dsva The right ta rs- 4,s5,
ecrved by tho unJcralrne-l to reject any 1 4417
and nffc-a.
COM VI HI TRI -T CtMI'4.NY, TeilstesV
IIEORIIK B. V'A.RRBN, VIC President.
Dated, New York, ii. tiiiber S":h.
K.I.KI'TltlNM ANO .41 11.11 N'tia.
TllirANSUA1. KI.KfTIOS OK IIIRBTTORS
of The lCuultable l.lfe Aesiiriince Ssvieity of
the l'nlted states will be held In tlie rseume
of the Huvte'.. No l llrc.i -I way. In th
lluroiigh of Ms nliai tun, N.-w York, on
iNedtieiny. December it. ill, ut twelve
..clock noun. Su ih other buslne,sa will be
'twsisacteil as ma bo Dropsrly brought
.Wore tlie riiectiiig
WII.I.IA-M Al.KX ANTtKlt. p-relaj-y
New York. Novemlier -4tb. lflf,
MDBMPTION NOTICS.
Chicg and Western Indiana Railroad Co
r.RNKRAI. MORTl.AI.K BOVOS.
Trualeew' Office. Himi 93 (Ath l'luorl.
Mills Building.
New York, Nov. I, 1119
Tha Trusaeea have thla day designated.
by lot, ths folios ti g:
S34a (III ll l(
J4JH f. 3 ' 4 1191 ;i(l
44,'ul
1 4i'l
4131
4444
4141
401
Ii41
(441
(1 1 1
III!
11440
rTH
47tJ
t JOT
70S7
Ilia
7;i:
73.'iJ
Ta-.!)
7477
7.31
ITS'.
0149
111,
!'.l
1404
471
il).',
((ta
177.1
SDH.'
a ..u
s:7.
DOal
JH
(iii
alio
(M
(III
J37H
I't 7S
in
4
Mil
9141
1 io7i
I01S5
lo:44
10:73
1":mi
10474
Ml
I95(
10,11
lU .117
I0TM
10T4i
1 a 7 V H
ins;.
1OSH0
10919
1 104
f tlio 130 bonis
lee. 1 of the 'hl
llOi:
1 1017
1 1 1 ill
11171
ii2((
116 7
il:
11147
11714
1 173.1
1 1 SH
11114
11911
1 11(1111
1 197
1
1 1911
1141
1 : i 1 1
i - s 4 7
l(U
134(1
l:(ii
13111
iiiii
12f'i
uia.
1194
19:97
11114
13410
'30',
1,1411
I (til
1374 .
1371"
!l"7
11(17
140: 1
14:'9 .
14:7
14111
Issued
'eg" a
Hon In sankruntny by oradtuotw
WOlaT OMBK8TEIN. grocery olsrk. 114
East ITId streeit, aird a petition In bank
ruptcy! liabilities I9.li:. aeasu 1,00,
Is aooosjMs of as value.
aBRMAKN VON MOllHTKIN, waho kept .
boarding house at Noruh Wiiita Ike
whrrgt was burned eom tine earn, riled
a pstHksn In aankruptcv; llahUttlee
lit ee9 (1 14
AMUXL InMsWati dealer ha fruit.
and vegeluhles at rvrt Chester, petition
in bankruptcy by four ere 11'ors, s-lrh
clelms of (0 i.
rellliun nlamlasrd.
APU,?H WOMMMvaJUdff Hough hss
dlanilased the petlllou ni.-d on June :4
aaralnsl Adolph Wolgan7, women's snd
men's furnishing gi-ni-. 7.: Columbus
euvenue, on a settlement with creditor
et 21 cents on tho dollar oasli
Receiver A.iolnle.l.
JOHM OOWMKR villi: ELBVATOTl COM -I'ANY-Oudgo
Hough has arpolnted
.lease Watson ros4vei of ths John Kom-
mer;lle Klevator Company, 1 II Wst
Thin iclh street , bond S.0O9, Aen ir
fLOOOi
Asalgnmenl.
VIN'iKN'ZO BIZZAIII. gr.cer. 111 First
aisnue. enHlgniuent to Henrv A C On for,
Live atock Market.
Tt'F.SPAY, November II
Receipts of bvl were 74 4 bead, nearlvi
sll of which were consigned for slaughter.
No trailing of Important) In live cattle, i
Feeling gteadrj With ilKht receipts ea - '
pecte.1 for Wcdnes 1uv'a innrket Dressed ,
bssf slow, at in't Ql(Vo, per lb. for city i
dreaaed native sides.
ltecnlpta of calves were 349 head all for1
ths market. Trade was iUlet, but prices
eteadv. A car of Canada STar was
holding for better Brio, Common to,
thole viaia tela t I'lili: per too lb.;
cull at 7; graesers st 0 o.97 15 ; year
lings at l'it4 7b. lresaed calvea aere ,
ovist but steady at IIIAylo, for city,
dressed veals, llVtlO. for country dressed
ltecalpta of ehecp and lambs were 11 040 I
head. Including I cara for the market i
Sheen rule I stsadyi lambs we. rt llrill to I
higher. Common to guu,l alieep aold at
I4WI '0 POt I1'" I 1 fo prime latuba
St 19 :6)ll ,11 . f Of choice Weal Vlr
glnla at 19 76: cull lambs and M-arllliga
at 1.1i0WI7. Dress...! mutton iflow at 111
llHc.; dressod lambs iiriu at !3tylla I
hug dr.sssed at l(l4t(a country drssssd
llAthnusS Ismlss steady al :.'.01J'J Ji'T
csrnsaa.
Receipts of bogs were fi ::.4 bead. Includ
ing lialr a car for the m.irUei Prices lower
nnd good medium fTgnl hogs sold at
14. uo per loo iba . roughs at Cstintry
drsaaed hogs stesdy at tr u I -.' . roattling
pigs at U'Ur
717 1
Till
I oi .1
191.3 II
as the numbers
UU If r t l.c t riisi
Wea'.rn Indiana Ral road Company dated
December 1st. il, ta lie redeemed, by the
operation of the Sinking Fund on Dec lei
nan, at Hie oitlc of Mssr J P Ifsraan
Co. New lurk, n' 1(1 aid aerud Inta
est to tbl ilaie Heglatered bonda houl I
bs accompanied by power of (tloro
tranaferring them to beater.
CHAHLLrl II RUisHKl.L I
UKRBI3UT L, s.lV I'l.lll. KB, Trustees
Pacific Liciht & Power Corporation
PROPOSALJ ITOH BOKD41
The unorlgnr1 trustee under the ri-s'
end Refunding Mortarage ..r the ps, in
Ught and 1'i.wcr L'rrrporali, dated Nov
loin. Kit, bus -c. s!.-.i tb .'11111 or nil..
vi.,.;i ,,s Baynteni to the Kinking Kund
mentioned la aabi inorigsg for tne pur
uii. i.sa ,,f bonds lee ie i iltereunder ana in
trite tenders f such b mds fi.r such pur
Oh to ail atn.uin eulfl. lent t,i ealiaust
said sum. Proposal will be received bl
the undersigns I at its Olflce, (i Cedar tft
N'oit York city, up to IS O'clock noon en
Dec. at.ii, Kll, lhs right la jrsere.i to
releot any bid
I'NITIllI .STATUS MORTUAOH AND
TRUST t0
By CA1.VHRT BltKW BR, Ice Prssldesit
Al IKK A. wnnn MOWING RK AP
ING MAI HINT 10MI-AN V
I'lrst Befundlng Mortguge Gold Bonda.
Notice la hereby ifli.n tiurs lant tr tha
lertna of the ntartgags of aaui company
daleii June 1st 1 P 5, to The Security True!
Company of Troy ns Trust, that the fq
lowing bonds have thla day been drawn
for redempt Ion. I'll : :4. 190, 199, ;l?, 27.
Ill, SS4. 43J, 411 i. 494, 1.04, 679, 1,14, .....
f.rl9, 71S. 77s, alu. I"-. 70, SS'J, 181. u
1U4, III The Inter on the same si
iraii Dei ember 1st. Iltl, and tha princi
pal of tba bonla will be paid on ami atar
that date at Ths Security Trust t'oinnaoy
of Tnn. Troy, N. Y.
THH BBCL'HITV Tlll'sT COWPAKT OK
TROT, Trustsa.
Bv HKOHiir. I, II A It B, Secretary.
Tmv, Ni Y, aOVinbF t, 1111,
The Full Measure"
i if Hint (in iwth from rour hcln
ilrivrndH Urv l nn lhf binit nf air thvv
broAthf ('UnilDuuUM imrti utr i
1'iisurviJ I'V
Van Zile Air Deflectors
Nu KijttnllOll llci'ilrtl mi i nn use ulli i
,tSl ettlllikT
Vkn fu r fmii r i n i our..
;m uiiUn4i mi lOmn i.;m7 i urtimuii
a'
Vlill
Ii
if
if