The sun. [volume] (New York [N.Y.]) 1833-1916, December 15, 1915, Image 13

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The sun. [volume], December 15, 1915, Page 13, Image 13
About The sun. [volume] (New York [N.Y.]) 1833-1916

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The sun. [volume] (New York [N.Y.]), 15 Dec. 1915. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030272/1915-12-15/ed-1/seq-13/>

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THE SUN, WEDNESDAY, DECEMBER 15, lfB.
18
1
COTTON IRREGULAR
AT SMALL DECLINE
Jccorrt Flflmres for Domestic
Consumption Fail to Stlm
nlnto Ituying.
BANKS AIDING HOLD KKS
f3DttOfl OOOtl at a net loss of about .1
en botnto yesterday In spite of 1 1 1
(I it the ...nsiia icport of supply and
fJftrlOUtlOfl Rive practically a record
ccr-nnii't'"" W American mllla durlne;
November. RopOflf from the (south In
dicate no tvenkness on the part of hold
iro. ! . soma Texaa wire stated
Ira' 'i " demand had fallen off scone -wti
it TJ.irf nu frae sell ins; on every
saturn, hOWf Wr( and while the market
, tlinwe . .-oit rrsletanco on declines there
teenicl t" ie very little rtispoRltlon on
M Pr1 Of traders to follow uitvancei.
A. .or.lniK M the Census Bureau the
amen '"lot) consumed liy American
aMlh November nus II 4,000 bains,
Ui:rii KO.uoti baiea 1,-iat year. Thu
total for tM Benson was 1 .977.000.
igaliie! 1,071 onii laol year. This waa
t am of 3OA.0OO b.iles for the four
anon 1 1 ' a ended with November The
consumption of I. runs amounted to
tl.000 hales for November, compared
with tT.MO hales laat year.
stock of cotton on hand how 11
eOnstdcrHule IniTeaHe over lat season,
n far as manufacturing- establishments
are rnrioemerl Spinners hold 1.613.000 ;
kalfs. agalnat I.OCit.OflO last year. The
amount of cotton In independent ware
houses 1 I.OSI.OOO. a(nlnt 4,000.000
last year.
The following Interesting comment on
Hie nsoihlllty of free selling enot rot
ten during the holiday aeaaon cornea
from Memphis: "It Is predicted that I
those who are looking for any Important
amount of selling because of holiday
need end end of the year obligation
re doomed to disappointment. The
strong financial situation obviates that,
and the attitude of the banks through
cut the belt Is apparently one of render
tt.r every legitimate aid to fighting ef
forts to depress the value of the fag end
of a crop that Is short. Such ha nevor
More been the case, but it Is In keep
ing with the policy which helped so
materially in preventing dumping of
toots during November, when auch
mighty efforts were made to force sell-
lot
Uarket closed barely steady.
Ooen-nifti-Lowr. Cine
in et est Ing close,
tsssnber 'T 12 07 11 M lXjM4ju.fl lM.i4fit.13
January. IS.Oe U'.ll l.4.fl2.00 lilefH.2.17
Moh 1? 1: r 12.3 1: ;v,fii so 12 4iejlla
XV an i:i- 1. 1-1. friM 1: tii
Ally .. tt.fl 12 71 ltM 12'.fr?.S2 13 74012.7I
Oaoher :13) 1 ; a :. to ::r!2 : y: riat
The local market for spot notion was
j 10 points alvvnoe. middling. 13 ate,
Southern spot markets as officially reported
-- Uftchaufed to 13 points lower. New
Orleans. 11 43c. ; .Galveston. 12 30c; Savannah,
4Sc Mesnnnia. 11.11c Awulls. U V
imiaorv 12 30c.
Toe Nw Orleans market dosed steady
OpenHifVLow- Oloe- Peer
a eat est Ing. close.
Bsxrmher 1! Ki 113 11 3 114nU. ll.9lrll.!4
JtttLary.. 11'. 11 a 11 Vl.lffl1 ! HTJ4J12 01
Xir-h .. ii! m so i:. .y !3i! m ? M
Utt. . ill) liil 1217 U.4StrU44 13Jei2l
The Llreruool market opened steady. There
a soad ttaXaand in eowt cotton, wit h rold
Ciat 1 point drline at 741 Sales, 11000
ball: .. bale.- Ameiiaau. 10.000
kv , -! barely steady.
(Xueiv Hlrh- lw Cloe- Prev I
d est. est. ing. i-loee. .
,'tn .pes .. .. 7.
7 1i 7 7.3R 7.v,
j 1 T.S4 7 , 7 -Ti,
7 : T.1S 7.1' 7JS
7 .1 7 12 7 1JS 7 12S I
lifea-April.. 7 n
Sty-Jane. . .. 7 .
July-Auf TJf
The 11 A M M4a to Uverpool ); Janu-
lary I1.0M.; Mar'h. at.SOo.; May. l2Uc; I
July I2"ij' . r,-.nts-r. I.l7c The niark
tier- La due 10 oea to-Jay 4 to 1 poutt J
rsrl receipts and stocks:
Re Laet
eei,nts. Tar Stocks
"aV-s-en .. r. TM tn.srj .i-.sr
gee Orl-ans l.'..S3 HM ': ttl
... S. 36 1.M1 M.0M
savannah.... 4.0H W.l 2-'.3S4
Pharteaon a.07i 7.7XJ vnrm
W - 'ion. 1.17 "V 44 'M
Mm 'n k ... ;.aoi ;.os un,n4
blsrior re-elrs and stocks:
He if.
salata, year Stocks.
year I
4C1.-.H
O'-W
4f..47
grtstii
us.r.
TH.lffl
Laat
ye-ir
llvJ".
as.i7
.(r;
14.412
Laet
2o!:
1,41
'total
Total
iWrisi ..
Msm;n:s
.Hi. Loud
Rouslou
2 130 !.! JH 'wT.
4 HO . i
M3I M.l
i.ti y-M i'i
Kutitoaleil port Last
reilpia to-iiay week.
. n tnoto i2 8s) i4.ni
a'-tes-nn
MfJ Orleans.
ji.tm to u.6u i.rM
axior.s '
erlay were KM bales.
ttm tai -aor. S.O4H.210 bales
Ian season, l.O.lU bales
THE MXTA1S MARKETS.
Xa l.arae Bntlnf of Copper Until
.r Year llxpretrd.
i'lyinr of iinper continues to be confined
la smal lots of aleetrolytlo, niainly for early
s No very larae cuntracis are ei-
rented until after the mm of the year be-
ajte ot tti ennrmoua Quantities sold on the
kit buy:u movement The lo.al market
rantlnuei to ranae from to Ha per
po'in.l
The KoaneoOtl Copper Company Is reiiorted
Is haee produced fcj.'no.eou pounds tlunnt the
m aeveT. Bjontba of the year Tlio Norem
err output -as lO.yioeoo pounds
ueml . remains steady for Amerlcsn elec
trlrtic at Itfl Pi for spot, standard was
srmer In totie yesterday, with an advance of
on spot and l.a ltd. sin futures The
di&sroncs of 0 between standard and elec
Irelytle .:iMr is to excite interest. Kaports
fr.'.'u t!i country continue heavy. 1.212 tons
he.r.i re;.,.(; yestajiday and 11,041 tons since
? ember 1 Imports reported yesterday In
" . Tins of ore from Chile so tons of
I ooppei and so tons of ore from Peru
. . esj slsady here and firmer Bl London
not at N Vork was held at 3"ic . while
pseombsr delivery was offered at 374; and
h 1 There is small Interest in future
nesltlotw arrivals at unltsd states pons
OOJ l emSer 1 have been LOSt tons The
Atidnn notrke4 for Straits tin was 7.s higher
w fill, n . S standard market advanced
f' on snot .on futures The Siri-'tnnre mar
' ssAeet 1mdon of the previous day,
Of'ue . .. .,t to i;o, but a reeovery.is ei
ISMerf to uav
Ipsltar eontlnuaa erratic, with charge! of
i- 1st t,f, oonstantly made Sr.oi ) ,niot
'. ' , to 17c: Mi-'ember at 111,, In
leac s - Qrei guartsr ahlntgienti run from
" The fxndon market .. up 14
T l American Hrnellng' anit Refliung Com
(Ol . .) the price of pig lead vester
1 : " i to Mo for shipment from the
.444 ' Inn o4 This ts SQlttvaJenl to an
?' s of ir ton. The London market
I" 'er on spot and 0s un futures
Wt . ,.f,; , ,yt (,s
THE STEEL MARKET.
la ".is. .1,1, Itul llrmaiMl Con
tinues lli-atr.
i tor i eel orotiuoi eontlnuaa
for BUob forms us arc used
fi.-'iue of war liiii!nli.iis. hut
IS th
,, ona-ienlh "f tl.e luaulriea from
- N tie plsed in the current mar
i ... y i.. .i iiKiniriea liae i onie
.', " ' .lays mel.ulli, steel
; ' Itruol :ral fhai.e- ami hari
r 'piif damsalil oamsjal f..r wire
,. - ' intTeaas rither than otherwise.
t... .mil. ....
, " loun .i that the Max. .a Munition
i, ' l"'r- hase.1 th.- plain of the
' r:ter ComPaOf at llerhv CotlD,,
. hs -iiui7i in the manufacture of
'I lie prtMrnt enuii.nif'it of the
ml etl is- nii.ve.t to (lea Hareti,
of ,
. I lie ..tlllze.l in th in ,i , ,(.,.. ,,.(,
" riut. V.lt.s (.ins
i.litinnal orders f..r routul haM
for Sballl h.ive lieen njantd bf
ifailurers More Canadian bull
; iKlmif
- a Chicago itDort a roup of
terests Is nst1fiia for the i.ur
' llaakej A Tinruer Cjir Company
h - in 1'it v. I ml This plant haa
I ni l I.e 1 lire I.0..I freluht cars
t i. I4snnarlva4)la sieel t'rintt.anv
its No t .rria. at siaaHoiii
t-rirt. e al thai point ns
ueo :.. root) uemaral rui.t
i heavy InqtllrTes f... Isuh steel
i ) to mdry .run The Canaija
jb Cmunany i.e r anlly
.1 ll i for i lOftb shell, nml all
' ' rn nic in turn out I.OU0 par day
ls.r 1 lie i lam is oemf eateaded
: ui neae
for 4j
GOS8IP OF WALL STREET.
Hard to Hay.
The turn for the better In the tock
market suggested a superficially oversold
speculative position. Apparently the
trading element had gone abort of the
market In the eiectntlon that liquida
tion would be stimulated by the various
uncertainties of the situation and by the
failure of prices to respond to bullish
developments In the recent past Being
disappointed In their hopes the shorts
took In their stock. In consequence the
market waa a hard one to buy In from
the start Bids found that itooka were
offered generally of 1 per cent higher.
When prices were followed up stocks
wera discovered to be actually scarce.
A certuln lack of responsiveness to the
"malice on tne part or some recognlrcd
market leaders waa criticised. Steel, It
was remarked, held back rather conspic
uously for a while. But It wsb admitted
that the market had exhibited a greater
Undenting strength than had been ex
pected. Most observers, wrille admitting
that exertatUm of weakness had been
disappointed and that Ml sir market opin
ions needed revision In this regard, were
unwilling to believe that the market had
changed Its character and was rr.ore than
a, trading affair still. Nevertheless, the
fact remained that another critical point
had been passed without any alrna of
real weakness.
The Christmas Tree.
In a tVniCal nirlltmna marbtl k. i.
alwnye one etock which bv common con
sent is nicknamed the "Chrlatmas Tree
In the present case the stock In question
appears to be rTtudebaker. Every one
with a desire to muke the market nay
Christmaa eiinsH 1 .4,.r-...i ...... -
- Mu , yum oiutir-
baker Is the horae to back. For some
time the professional element has been
extremely busy with Btudebaker, under
the leadership of a well known floor
trad.r. Some days ago there was a move
ment In UMattock above 170, from which
there waa a sharp reaction. The second
movement this week has. pushed It up
past the old mark. Knrly y.stenlny
morning word went around that Xiude
bakar was not only the pick of the talent
Tor the day but also In for a big move
ment. The prufeaslotittl element bulled
111 hard. Airt from the activity of the
trading element, it waa reported that
Mudebakcr tvas u, in,., bought In quantity
by a OOmmlajUon house that has played
a prominent part In tlie market U the
war brides.''
Mexican I'eto.
Kor a long time Mexican Petroleum
rws sold In the present level without
giving any particular eigne of leaving
It. Outside peculation haa left It rather
severely alone because of the Impression
that the fluctuations in the stoi k are
what the Insiders wish them to be rather
than being In sympathy with the gen
oral trend. But the present level Is
also only a few points under the ex
treme high mark nude laat aprtng In
dicating that the stock haa been quietly
and even surreptitiously strong. Quite
a number of people have been Impressed
with the eteadiness of the stock In this
level and for that reason have been ull
the more Inclined to lend their ears to
me iaia mat nigtier price in the near
future are looked for. ThU talk haa
oeen accompanied by reports of the for
mation of a big combine to compete with
the Standard Oil. Incidentally, the mar
ket for the preferred stock, though still
somewhat out of line with the com
mon, haa shown greater strength than
on the oooaalon of the laet rise.
Coalers.
All of the coal muds were strong, ap
parently on talk of a tremendous for
eign demand for coal. Norfolk and West
ern sold at n new hUrh record price Of
!"-?. up a full two points on the day.
For many month Norfolk and Western
haa etood out, as the traders sav. "like
a sore thumb " Throughout la1 year,
when other rjnda were skimping all they
knew how to earn their dividends, N r
folk waa earning Ita dividend by a com
fortable margin. That w tl.e r. a.- 1. why
Norfolk haa been bought eteaillly all the
way up from par without particular re
gard to the dlvl lend rate. At the pi ag
ain level the Rto. k ihmsm t b.- . -.1..
discounted the rumored Increase In the
dividend rale from 6 to 7 per cent., but
that Is because the prlog Is made with re
lation lo current earnings and prospects
and not to anything else.
Another Motor tork.
Application lias been made to the
Block Exchange to nermlt thn tt,M.. e
Ch-indler Mou. s stock. The stock liae i
i, .-,..-. ... .. .
n HiHraei on the euro
where It his been selling around So
GOV. WAIaSH PRAISES WOMEN.
Tells of Inflaenue In RrluaTlna;
ATiont If naaanllnrlaa lia.
XI.pnt.-i.au., N. J., Dec 14. Oov. David
I. WalKh of Maaaanhusetts addressed ilir.
A KsmpUl Hoolety here tills afternoon
on "Tin- Influence of Women In TuMlo
Life." Uov. Walsh said that women 'a
Influence liad brouirht about tho adoption
of worklnannrn a innipensiitlon and rhlld
lnhor Ihwh. He also aarrlbe.l other hu
marsltarian policies of uovernment to tho
activity nf women in p ibllc life.
To-rilht at the Wuahlnanon In Newark
1 !ov. Walsh waa the guem of the society
nt a dinner. Judxo Thomn A, Ditvls
of OraagO waa tho toastmaHter. Qov.
WaUh and Uov. Fielder of New Jersey
were among thn speakers.
DAIRY PRODUCTS MARKET.
BITTER-Th rirn Int.rfsrsil with de
Uvsrlei and hrmirl.t Uuslneas a.lm.st to a
standstill. Vhli. quotations were un-
lianas.1. the liiarl.M was qul.-t. as 1' waa
impossible to get sin. k from the ducks nr
f. deliver to customers uithout unusual
.Islay. Held butler In fr.. supply un ae
COUSt Of the mure attractive price, Iten l
valed In fair JeiiiatiJ. Ijies iteaily
i'a. kii.a atm-k easi.y on arrival.
Prwaai Craamery, extras. acr.re Ittia
J.i'xc; hlfher scoring;, ITOITUc.i firsts.
lo 1 acore, 2IVtCS5. . mila liua
I JSC. I uiisa.ltso, t.in, j, 37 , 4 :t4 . prims
; to choice. S2s;.- ; held, extras, liua
IOJ40.I hlgh.r scoring. 31... Illic.l nrjt's.
llHOI , fuie. dairy, lu , Ansel s:i
I He; good to prime IflOHU'.; oonvmon to
I fair, HOIfe.! renovated, i tree, ;4,. ii
Mlao.i n rets, zs'iu-'tc, ladles, current
I make. Hist.. 22c.; ascends, 101)40 te
Paoklng stock, June nuk. nne, ioi,,!.
-i.., w..i "imww. mi-, VC, .t. S,
lire lnv. r grii.lrs. KfOlvHo,
.'HI'.l.i: Although .unci, the market
continued flrin, especially en the ,,.,
aradas. Presto sta-.. u,. . n hgiu reauest
skims firm, Prlcesi istate, wools mi k
held ape, -U Is. lisle. j aaerage fancy, s, ai
17c; Querent nn.kr. speolaJs, I : 4 c , ritite
r-kltns, held speilals, 1 4 ., l ; cbeles
13Mjc; fair tu Keel, 11 ii 011 Wo. I Wis
conaln, iwlna, tsa40.IT. ; double .uki...
l74jl7V4c . doling Americas, i7Vso
taotlll Although curren. recelnte sr
heavier, the supply of tine frs-h c . minus,
1 light. This keeps ths n.arkrt lirm, but
: r oalisjfa are cautious en as rior to be
caught ulth Inasy siLpplles rhouot a dS
1 c 1 ute acour. 1,'iidera-aUes and p.,r eggs
have to be sold at a discount. Btomae
steady, with free rpcruiathe buylna
I p-ancy larce new white eggs 111 go,,, 1 de.
I mand. nlf cindltloned grades iiict.
j Prices: Fresh gathers, I. extras, line, ti .,
I 42c I extrss. firsts, II04OUI rlrt-ts. ggta
. ; aaconda Illy lie. I No, 1. dirties, 2:',i
refrigerator, ape.lal murks, fancy,
c; firsts, sto-age, 44l4Va ae ids,
,f22txc.; h.' nip tv whites, fine to fmiry,
I r.4e. : browns, 11044c; tnigad oolora.
1 i;t
DRVaWCD POUtsTRY Fresh receipts
j wrre light on acoounl ..f ths snoajsjiormi
uhi.-h Intormrod wHh Ins dlgtribution
1 Tip grades of all kinds gonllOUed nrrn.
I Fancy young loins readily sold. I'htckens
land fowls llrm. eitji the movement light
0 '1 roosiers steady, raaoy spring dunks
and geese firm with demand moderate.
i'-ices: Turkeys, Western, spring, fair to
x I. SJif'.'So.; aided. fn.-, :1074c;
,ei.r. l o 17. Kaptuoay and Tennessee,
.. .i":t,.. ; TsaWi fair to gomi. 09t1a
Kowls, fresh Western, dry picked. xs,
...l Ilia and over. IfUQ ; Western, scalded
larae. n.ie. f'hleksiis, fresh, nearby '1
lad 4 lbs. to pulr. 2Sst3.i; Virginia, milk
fed. r, ami 7 lbs., Ho ; dry picked, corn
fed, f. and I lbs. 1wlUc Old roosters.
illo. ; equahs, prime, white, 10 lha to
aesea. 14.71, lbs., lasMi ska, 14.
FRANCE NOW INQUIRING
FOR 5,000,000 SHELLS
(irent November Salen of Struc
tural Steel May Be
Record Month.
J. V. Morgan ft Co , representing the
Hritlah and French Oovernmenla, have
put out additional ateel (nqulrlea. It Is
understood, for 60.000 metric tons,
equivalent to about 60,000 gross ton,
j largely for the manufacture of war muni
) tlona, but thn imiulrlea also Include a
large tonnago of wlra and structural
1 shapea. an. I for round rtocl bars. It Is
understootl that most of this tonnage Is
I wanted for the Hritleh (lovernment. An
Inquiry waa also put out for 0.000,000
jtu lis, 75 mllllmetera in diameter, for the
French Uovernment.
e .
The orders placed for fabricated struc
tural steel In November 181,000 tone, aa
already noted were the largest reported
elnoe .Vptll. 1909. The actual sales were
very moch heavier and were probably
the largest monthly sales Ui the history
of the Industry, but for vnrlnun reasons
It was not expedient to make olllclal re
tti i n to the full extent of tho transac
Uonti Bpeclrlcatloiis. of course, on some
of thla work will not be re- Ived for
ninny months. Another point of Interest
la that while the sales last month were
(iiulvalent to 105 per cent, of total shop
capacity, the sales a yrnr ago that l..
In November, 1914 were only 20 per
cent, of total capacity, equivalent to
about 16,000 tona The month of De
cember Is likely to show between 75 and
100 per cent, but toward the holidays
business nearly alwaya falls off.
The American Ttrtdgo Company le now
operating Its Baal -rn plants at close lo
full capacity. Qparations during the
month will probably average about 7flJ
per cent, of tOttJ capacity. It la eatl-
mate.l that the Bggttffi jdatils have a
capacity of 20.000 tons s?r month, but
under favorable conditions as much as
10,004 ton a month could be produced.
The Plnooyd Works, the largest In the
lOsatern division, under ordinary condi
tions can turn out about 7.1.00 tons per
month, but under exceptional conditions
hive a tually produced from lO.OoO to
12.000 ton per month. Tim American
Hrldge t'ompary, as a whole. Is esti.
mated to have a capacity of from 60.000
to 70,000 tons a month, depending upon
plant conditions and tho character of
Mieclflcntloia furnished.
The Pennsylvania Kteol Company has
been awarded a contract for M.000 tons
of standard section rails by tho French
OovernmonL American nulls are etill
negotiating, and It seems probable that
the balance of tho lno.oou tone upon
a'.TIch tenders were submitted will come
to this country. Other heavy Inquiries
are ui the market for sue', from the
Frcndh (ioveriurient.
see
The rirlgvs-Kcabu! y Steel and Ord
nance) Ooni4ajiy Is understood to have
secured a remtract from the I;r4t.-i
' lo enimcut. throuKh J. 1'. Morg.ui A
Co., lo miuiufaclure 10.0OU aanaplane
guns and (04 oannon. aa well as ap
proximately 2.04)0.000 6 lnoh shellK Con
t:aota for tli steel bars to cover the
manufacture of the high explosive shells,
it Is undcratood. wero platted witii steel
mills for shipment over the drat quarter
of next year.
e e e
rvjmee'llc consumers of wire products
have placed Botne additional contracts
for shipment over the flrat quarter of
1916. Till haa been mad posalble by
Rome of the largest cminpAnle acoeptlr.g
ord.-rs, although ovetsold. In tl.e ex
pectation of being al. c to adjust con
iracle previously 4. laced to jsjrrr.lt the
rolling of tls-se new pressing rwtuire
ments. Kxjx'rt ciir.tracta taken by the
largest Interests In Novemln-r wcrv but
little over 4o.uoo tons, or more than bO
per ta-nt. loss tl'r.oii during the prectdtng
month. The foreiirn Inquiries, however
were four or five times the tonnage ac
cepted Contracts! plaorel by domeet'.o
manufacturers laat month were about
1 '1 per cent larirer thHti during the pre
ceding month The demand for npeolal
tles Is overwhelming. In some lines
sales during the last sixty days have ex
ceeded sales of the same material prevl
ously nutile In an entire year. Al
though the wire mllla are crowded to
day It 1 predicted tsM the rush will be
ern grrlter In tlic early spring months.
Tl.e Ckilafllatl Btsall rvimmlsstlon. after
oanvaaalns the PttUAtlon In the Domin
kui. Is UndaraUXstj to havo plaoed eotue
additional ooatraota "irh Amerhain mills
for shell f.rtfin-a to be used In the
RianufaotUTo of k to 10 Inch ehelln. In
the laat fow Iatt thoae orders have
called for about ".'S.OOO tone of steel
0O4HO of the rhlj.itieniH, It la tmderatxM.id.
Hill lie made seed1l.v. while othvra Wtii
run over the flret rjnarter of nesrt year
Premiums have I.e. r, paid to secure the
preferred delivery.
e e s
Domestlo railroads have placed addi
tional contracts for rails, curs and loco
motives, but temporarily there Is a dis
position to withhold detailed Information
f ! vailoUl reasona, The Inland Steel
Compaay Is In the market for five
switching; locomotives. The Temlbkamli.c
end Northern Ontnrlo Is Hiking bids on
four consolidated cnKlnes. The Pullman
Railway l about to order one switching
engine -and the I-'nlrchlld and Northeast
ern .mo PaclflO lypg locomotive. Tbo
Kay Consolidated Coppaf Compuny Is In
the market for twenty dump cars, tba
New Jersey Kino Company for forty hop
per cars and the United States Depart
ment of the Interior for fifty dump cars
The Jieit Western Hallway has ordered
one postal oaf from the American Car
and Foundry Company,
S S S
Thn creat, broad market for pig Iron
continues to attract attention, although
wpectflo sales did not cover large t.in
naaTOf yesterday. Some very l:rge con
tracts are under noeoUatlona for both
foundry arid steel making Iron. The one
Inter, ytli K new pluiee, however, Is the In
creasing demand for epot Iron. P-e-RllUtni
are belnir paid for quick ship
maul and inuoi) hlfher prices are to lie
expected, It In tho flist lime In djrht .,r
nine j.-ars that the blast furnuco Inter
ests have iVuifronled nil aOtlVt spot mitr
kct. The outcome Is 11. Ing watched with
onuaual Intoyast,
see
An active demand haa also developed
for cool for cjuick ibtpmiftl ules nf
high gradi itaam cool have been mode
at 7 10 par ton. while gas coal hns sold
al I1.S6. mid oven slack has 00m
m and. d tl.Su per ton. One Utatarn
raUfOad has placed u contract for Cuu
cars of steam coal for prompt ship
ment. Less 1- being done In export be
cause of tho high freight rates. Hhlp
ping Interests now demand 8b hillings
per ton on coal bound fur Mediterranean
ports. This Is tegurded ns prohibitive, nt
least temporarily.
onovolMafrd iCn-hanic,
In bl ( cf mny of ttm Irnportiuil
aft Ua. iii' UitiliifcT TTnlteil fMata Btt rom
moii, Atlftonndt, Union Pni'lilr and Kn. ihiip
oi't-iiinir un rn on this CniotolnUieij Stock kx
fnanff yiirnkiy wr tho? if lowpit and tlioif
cloauif iiuotfttiont ihr r hifht Tlur
h firm lour from th ml nrt Hrtt frndimllv
movrd liiKhrr. with (nt tridlng Incretoainif
und ""Im oVllvr ;..( Iq ,ay
L n 1 1 4 1 ,mii4o. Hlrl ot'4riid m ptu, juh! bj.
tiiiiinI to M which U rlOMd
Aniicnndn oprnrd al i nnd ' m',i al
Chttvijtn Hoi U Utiiml and iM-nlr waa fthmit
thr OTaly toft tliol III ttir tnfiikrf Tl Oprnrd
Ot l of a polnl tmdr Mondar't tooing
rsrly aol.1 at ami thm ttrofca (0 IRA,
rlnBfif i u Hind-hnarr oprtiad al t7I.
aarlj gold oV l7 and than roaa to I74U, r!ra
uar i IT. Twm mi nm tnm WHk to 0.
Executor Trustee
Charterer! 1829
The Farmers' loan and Trust Company
No& 16, 18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue
New York.
tOSDOW, 16 OMtopu Bt, a W,, 26 Old Broad Strati, & Q
PABIB, 41 BonleTarf lumin BERLIN, 66 Untar don Llndn, ft W. 7
Trarelers' Letters of Credit, Foreign Exchange.
Administrator Guardiai
Intelligent Appreciation
of the banking requirements of
our clients, is one reason for the
rapid growth of this company.
Deposits 191.1, Dec. 1, $17,326,36
Deposit. 1915, Dec. 1, 54,646,950
Metropolitan Trust Company
of the City of New York
Ocorge C. Van Tuyl Jtn President
49 Wall Street
W. R. GRACE & CO. BUY
PACIFIC MAIL AT $10
Also to Tny $2.80 a Share Kx
tra for Southern Pacific's
Control If Assets Justify.
Julius Kruttsohnltt, president cf the j
Paclflo Mall Steamship Company, yes-
terday made public the terms under
Which the remaining VeOOOti of the com-
pnny and the 110. Sen shares of Its stock J
held by the Southern Paillfld Company '
wers taken over by W. II. Oriu-e A Co.,
acting- In conjunction with the American
International Corporation In the pur
chase of the seven gtaamshlnn
The letter sent by W. It. (Jrnce A Co.
to the Southern Pacific company stating
the terms follows:
We hereby oflcr for the 11000
shares of the stock of the l'aalflr Mall I
Btcaniship Company, held by your j
company, the sum of tie per share,
ex dividend III per share rc-ently de
clared by the company, payment to he i
made upon delivery of the etock to un.
We agree to pay a further sum of
r.O per share f..r said 110,101 share
provided Ihe assots of the l'a.iflc Mall
Steamship Company exclusive of its .
seven steamers equal or exceed the
sum of II.DO.OOO. It being understood
that In the estimate of eu h assets no
value shall attach to good will or
charter rights and that such vnltie
shall be placed on assets other than
cash aa may be mutually agreed upon
between r A. Vanderllp and II. W.
de Forest, the valuation of such assets
to be adjusted as .if date of payment
of above 10 per ehare.
It Is understood that In so far aa
stp b assets shall fall below the sum
of $t,S60,000 a proportionate reduc
tion shall be made In said 12 6" Instal
ment In the price of the stock. We
further agree if this offer be accepted
to make a like offer to all of the
minority stockholders of the paolfta
Mall Steamship Company, according
to them until January 2. 19 1(, for
accept unca.
THE PHILADELPHIA MARKET.
PHILADELPHIA, fsv 1 1 -t Ian brl .1 Steel, j
T'hllartelphla Elwtrlo and Philadelphia Rapid
Transit were ths more active securities here. ;
with priest ruling stead? thrr.iictioul the list 1
Itontl market cmilluued active and sleadj. I
1 he summary:
Open- RtfTa 1is- Cloe
Inf. est. est. Ine
Sales
170 Amer Milling...
41 Amer Radiator.
10 Huf A Slisn
In.'. ramhria Steel .
fit leolrlc Stitras-e.
17 Gen Asphalt pf.
3 Ins Co of N A..
! Lear Sun Corp.
H l-ehtf h Nar ....
IM Lett Val Trans.,
Tali
r.
71".
.
71t,
I.'.
7H
14
nu
,
IN
fe.r,
(JVi
IIU
71,
IftU
lo,
mi
41',
41',
"'
14
411
13
,:4;
RH
4j
ij 1
iru
,
lon
nai
43'4 1
liU
7H
1
871,
Mi,
11m
Mtt
4.1'i
4IU
tr. Ih Val Trans pf H7V,
ax Prima K R to
3 Peiina Salt Mfr...l'ifl
4. Penna steel pf ...
13.-, Phlla Co 4Ci4j
10 Phlla Co cum pf.. 4:;,
TI4J Phila Kleo 7",
tli Phlla Ksp Trans.. 7.11,
loss Phila ll T tr rtf, jnv,
44 Phlla Tra.-tK.il ... H
10
ll 't
44".,
' '.
45
4'.
13',
r l Heading
1J.I t'ntoii Traction..
4J PlUtOd lias Imp
ion w Cramp loUf. .
m Welsh i. h Co ...
U York i.t pf
IIU
444,
M
44
18
33 !,
41"
4444
S3 'I
BONUS
UM Am Gil Flee US
0H
II
r,i
liu
101 ',
i
no
inn',
toil,
1"!
"4
K
ui
07H
11
M
U
101',
93
no
I0OH
lotu
l"l
Mu
w,
101
7js;
!Ti i
41
b
0214
Best ki !-,.,, --rHe 4a
2'Min Interstate Kr la.
M
'.''.",
101',
;
tin
10041
mi,
toi
BU
or,
loi
7J'i
.lam.-s V A C Is,,
I., li N eons l -,a
I'll Val ren 4s
I. V cons ils rri .
Ceiina fen 4s .
10't
HI
110
1004.
10-l.
17
m ui retina eons ilea..
Hag Phila Co 1st i-a ..
104,11) Phlla Ele,- 4s ...
lOMfl Iteudlnv fen 4s . .
1000 Span Am 1 6s . . .
lliCSjO I'll Had Ills If..,
44
or,
103
FINANCIAL NOTES.
l ha directors of ths First National Hank
i1rcUrod un Jttfri illvldrml (f I tl
.--. .1 v , p -4 1 r January :i o .. k
of rov-nrd on Ircmtirr 81. Tha raa;uiar
quwrtrrly dlvldrnd of 10 prr o?nt. wui $,)Q
(ir'Harad.
Tha Nr Tirk Prodna KTohnr Pafo
rrpnlt and r-'t-traifa "ompati' Tvua llfOJortd
a r g-u'nr dlvldand of 4 par oanL and an
xtra dlvldrnd of 3 par emi.. DtyobU
JonUoVry 10 Mock of rreord lifi-orntior 2H
B. ik chirr Ueoemrirr 24 and ro-ipon
Dtcombor 8i
WlitlHiu NobU PU'klnron will d1lvrr an i
ad dr( 4rii on tha "fouth Amarli-an 7'radr
from A Comn.arcla.1 Viewpoint" hafnrr thr
f nrral firum nt tha Nrw York cJiHptrr
or tht Ainarlcan luatltiit? of JMnklii thla'
rvrnlng nt tha rha,ptar llooiua, 13H Kaai
Thlrty-flfih atrr.
Ho, Wilr, prtldrni of tin WMtnay
fntrl National Hank la expfK-trd to
arrlva hara frmu Nrw Ortrana nrnt Friday.
Hfl innv arvrr liln OOnRavUOII with t.ia
iimiih Hnd rMiibtiah a oonntotion with tha
hrnkrrnitr firm of J H Hachr de OOi Mr.
WtSlOf will mMka hla dual dat-lolon whan
lie .radios Nrw York.
Tha cmunlt tre for tha protovfjon of
holdrra of tli KanmiN Colorado '.udth'
ItMllw.ty Tonipany flrat rafundlri mort
g mm t! prr rnt honda dur Pfbltll ff 1,
llfli which rrpraaanta nmra than 7f. par
crnt. of lha onialHitdlns bonda, rrqurati
that holdvrf u 1,1 hava nt ulraady d ina n
.lrpno.lt thrlr hnndM prompt iv with, thr
KrAnfclln Truat fctmpnny. tti Wall Mirart,
1 1 " prpMnliary undar tho ppotOOitVO un
iion t. duird Imrmhrr !, 1H16 Tha pom.
'ulttrf haa art Drcrtnbrr 20 aa tha final dy
for drpoaltJnff bonda. aftar which datr no
bonda will b accrptad airapt at tha dla
oration of th com mitt a and on ouch
la rata aM ooosUUOM m n
f I
THE BOSTON MARKET.
I roSTOJI. Dec 14 There waa a decidedly
1 firmer lone to tbe mining shares market.
Alaska Uold sold at 74. an advance of is,
I over the opening price. American Zinc was
3H higher Hulle and Superior at Tlli was
1 over the opening price.
Railroad shares were steady, with light
transactions recorded. The summary:
Opeu- High- Low. Clos
ing est est lug
.. is i"a IS Hi,
.. g)fi :, as U ,
.. i 1 iff t
. 5A ' , I, tslUj 1
,, tUH lit, .. , ;
. t 7
..4 4 4 4
7014 7JV T014, 7:14 !
7U MS 17 VI
l 6S0 h 1 I. m tin
. II hi II 14
1. r:s H (.? u
. ;..4 f.v. r.-a, MUj
. 1"4 Wi 14Uj n
. 77U, 7414 774 741,
. MM a 46 461,
. I'.Vs yt a r..,
.6 I I C
. 4414 444 4'i 414
. as s j ,
. a in, i 1714
S i 4,
. ll4 iTsg aii, 17S I
. iw IV4 l CV.
. 1 1 7 i
u lift 11 lift
ft 4 H ,
i i j
. 14 M 14 4.-,
. ft MM Ift 10
Iff 7 7Vj
.so rft jo ao
:v, 7 :w
. 74 HI. 514
M ll 14 f.4
1 M If 17
. 14 lri 114, -.4
. 7'4 4'i an, 44
Z BB ItV, MM
I . -'ft 3vt j., I
.7' 74, 7U, 7H j
. tl', 14 3Ji, 34 I
Iff .'.ft .'.ft
. Irir, 6fi, (r, Its ,
7 7 i x
1 M 3u 14 2..
.4 111, K MM
. W 10S '4 101,
a M si at
44 MM 4.. 41-,
4H 411 4 ,4",
'V. IM KV. 3'.
.7? 0M f s
71, ifl 2S 2t
M f 7S M t7 I
. 1 41 t , , ,
.W 130 i-a i
. TW 7.H, 7lM, 7HUJ !
7ji, 7t. tiv, rr.s
4 H t I
.If" Its 144 11" I
. en ia 0414 ... 1
MM 43 k.-, 4.!
1 Sales
1 H Advent are
! : - Alaska
hi a: unman
tr. Alloueg
! Om Amer Zinc
12 Artrona Com
ton natopllae .
yak) iiutte a 9up...,
1 aiutnet a Am
11 Calumet a Hecll
10 Centennial
R Chlno
It; Copiwr h inge
HM Kast Hulls
OM franklin
1M 1. -entry
-. Greene Cananea
las Hanco.-k
11 Indiana
I. 1 Island Creek
10 Island Creek pf... m
ill isle Knr.de
10 Kerr Lake
10 Keweenaw
lis; Lake
' La salla
10 Mason Valley...
ISO Mass Con
i Mayflower
im Michigan
100 Mohawk
fo New Arcadian..
M Ml pissing
t North nnit....
tU North Lake
sn Old Colony
f-i Old Dominion.. .
'it Osceola ,
M Pond Creek
nu Quiticy
10 Ray
110 Sac's Te
141 Shannon
NO hattu. k
100 South Lake
110 St Marys I .and
fsr Superior t lie
9 Ouperior
fr' Tamaraxk
MOI Truuty
SjQ Tuolumne
Ki I' S Smelter
My S Sniejter pf.
too I'tah Apex
4 I tab
IM VlcttMia
io Vfolearlaa
1" Ik.alon Klesr.,.,
Baa A Lowell...
1 Fitet.hurg pf
1J" N Y. N II
M Nor N H
1 01,1 Colony k R.
rjl End
UI Weal aUM pf...
.Ml.-ELLs4NEOl
.am Air 4. hem Tiw
II Am AST Cheiu pf aa 11..
I Amoskeaf pf.. .l(s',i L0(SU
HQ Am Pneu rj.T4-iee I z
704.
too
tjOMrf
rtbu
1V-,
1S
44
m Am oitfttr. . Ui Ira,
l': Am S lifer pf 114', )v
lit.
114'.
inu Am 1 a 1 .1.-41,
:i Air, woo elf 4.4
1 .1 Am V4mI pf fa
i'i Am woo stock... BU
i.i A 11 W I j..,
m 1(1 tl of.... 43',
m Kaat Ikrs Land -,
K.Uaon tvtj
If. lien Baa i
!- uov
U 44
V4
H4j
..,
ss
'i
17f.
4U
i
I44C.
14
144
Bu
ix
0M
in: ,
'
mi
"1
OMj
t .
04Vi
IS
IT, .41
a,-,
IS.",
vr.
14-
sr.
ll1,
1031,
Us:S
1018
SI'S
. M as, Uae.
: 4 Mass 1. a, pf...
li. Pullman
4:. Sift
033 United Fruit...
11 I' S Stsel . ....
IM Ventura Oil
MU
M
.lh.'.
iy.i,
147
. tit
lf.
13f.
14-1,
ow
111,
K7',
0O
1", s
!M'.
Hill
Hf
BONDS
liivo Am AfT 0 iV, 'ai iauv,
. Am TITO Hl4
Am T tf T es 4440.101 H
1000 Maas Oas 4,s '31 (Mi,
100 n k Tel 'h...,m
1000 VVeelerti Tol fcs... mei.
THE BOSTON CURB MARKET.
140STON. Deo 14 -The eloelna; Boston evb
bid and asked quotations follow:
Bid. Aakert
AUarado
Hin.liam Mining-....
Har stMte ties
Baaole
Mston Vile. .......
Butte a lialon
Cala4erns
Cons Arizona
Corler
IV)
.3
M
.37
iu
1V4
Or.
80
M
s.e efll
.
1f
v,
&)
I
I"
1
..... H
a
::::: i
'Ha
3
'.it
on
Chief Cons
1 Cons lopper
Crown Heserre
Fl.lr 11 B
Hails Daly
; linldtleld Cons
: lr,"'l i,iosr,'ll
'r
Kirr-t nai Ooppor..,
HoUfhlon
Maleet','
.M.'KltdeT liar
Mllii-e .f Arnerl.-a . .
New Haiti.- ... ....
Nevaila llouslae . . .
au
1'4
.70
I OoiHhw'effaf lami .'.
T0H
oil
s
in
io
p
s
f a Howe
Clah Metela
TotMipah Mt.niif
mam Corntllo
OVj
1
.a-.
Ontvo
Hlawart
nniiad Vrpdr Ration
Tonopwb ik'imoiit . .
Yukon
THE PITTSBITRO MARKET.
prrPOBnKO, leo 14 -n.ere was a Arm
tone In s'o.'k ir.'lna here The. tcls were
les.leca In slrenrtn snd activity Ohio Fuel
Slid Pure Oil were III dajneno Pltlahucf Coal
Wts arsiut 1 point hlfher The summary
Onen. Hifh- Low. Cloe-
"IB ... n. c ISO PP - '
70
10 Am W (J Mch p,,lMU
ICO tin Sewer Pips. .. Hi',
Kj Caner Hlver 04
M Columbia (Ins IM,
0I Itsrhison a W.... 7n
!., I ruin Brew Co. ... 30,
i Iji ltells Iron A 8 07
MM 17U 13HI,
Islj 1SV, no
41-4
lf.,
if
oT
03V
11V,
7'IV,
J
ft,
M
au
IS
'1.1,
34 1
140
l"0S
01
ovu
1 1 v,
ait
4IH
in,
100
Vtfrs I KM A II . r. ',
m
M
41
14V,
tf)
70
Mi
1
i7tt
144
a
170 Nat Klee Proof... H
I . Bal rue P pf 'Vf,
7 l Ohio Kliel SO
i Ohio Furl Oil ItU
, o ,.- a Okla ion
Ti", Okls Oaa 70
ID0 Plttsburf Brew... 0U
IHW Pure Oil 170,
4si Plltobiirf t'ua 3'i
III 0 S Olsss .. .... 341,
: Prrlon Nat On, ...Itt
inn We house A B 1J0A,
BOVDV
loom Columbia Oaa la., ssr.
MM PUIO Bto U..
...
:io,
li.i
r
TO THE HOLDERS OP THE FOLLOWING SEtTUKITIKS OF
THE MISSOURI PACIFIC RAILWAY COMPANY:
CenTorfiblo Flva Per Cent. First and Refunding Bonda,
Four Per Cent. Gold Loan Rondo,
Capital Stock, and
Serurltleg of the Other laaaeo dealt with In the Plan or Revetment
In 43rfJer to preserve ttie MIsMurl Pacific System frnni the evils and losses Incident to a protonsed r
wrvmhlp the Plan of Readjustment should be promptly consummated. The property does not require tho
extensive physical rehabilitation or the elimination of burdensome entanglements and contracts which ara
the usual causes of long railroad recelverehips. What is required is (a) the cash (approximately f41.000,000)
for Immediate needs; (b) such reduction In fixed chafes as will bring them within a proper margin of the
lotnonstrated earning capacity of the property! and (c) the creation of a new security to deal with the obliga
Hons maturing during the next five years (approximately 1 7'),ooo,000) In so far as they do not fall within tho
tih provisions of tl Plan, and to provide for future corporate requirements.
Manifestly these results can be accomplished only by an early reorganization, and to this end the prompt
ofoperation of the holdeto of the various classes of securities affected by the readjustment Is essential. They
are accordingly urged for the protection of their own Interests and In order to insure the early restoration of
the property to the management of a solvent company to dopoait their securities under the Plan of Read
justment as promptly as possible, and In any event ON OR BEFORE DECEMBER 1STH, WHEN THE
TIME FOR DEPOSIT UNDER THE PLAN EXPIRES, AND AFTER WHICH IT IS INTENDED TO
PROCEED ACTIVELY TO CARRY THE PLAN INTO EFFECT.
There can be no doubt that radical changes In the financial structure of the Company as called for li
the Plan of Readjustment are essential to secure the needed results. Althoigh the anticipated Improvement
fn business should result In better earnings than those of the last fiscal year, which failed to meet the Interest
charges by about Il.350.00O. the margin between earnings and fixed charges which Is absolutely essential for
the restoration of the Company's credit cannot be assured without the reduction In interest payments sought
to bo accomplished by the conversion of the Convertible Five Per Cent. Bonds and the l-'our Per Cent. Gold
Loan Bonds Into preferred stock (or Income bonds). Under the Plan the stockholders provide the 41.000,ooti
of cash for Immediate requirements without imposing any burden upon the holJers of these bonds; for whilo
the stockholders receive a four per cent, bond equal in fn;e amount (but not in market value) to the cash which
they furnish, the position of the holders of the Convertible Five Per Cent. Bonds and the Four Per Cent. Gold
Loan Bonds in relation to earnings Is not disturbed in any material degree because upon the consummation of
the Plan the charges ahead of them upon the System taken as a whole are not augmented while the net earning
capacity of the property should be substantially increased.
The attention of holders of the Missouri Pacific Four Per Cent. Gold Loan Bonda Is called to tho
fact that default has been made In the payment of the Interest on the Iron Mountain Company's First and
Refunding Mortgage Six Per Cent. Bonds and that proceedings have been instituted to foreclose the mortgage,
by which those bonds are secured. Their attention Is also calleJ to the importance of preserving the trai'fl.
relations between the Iron Mountain and Missouri Pacific Companies.
Copies of the Plan of Readjustment and of an analytical statement relating thereto may be obtained
from the Readjustment Managers, any of the Depositaries If bub-Depositaries or the Secretary of any of tho
Committees.
The Certificates of Deposit frr Convertible Five Per Cent. First snd Refunding Bonds, for Four Per
Cent Gold Loan Bonds, for Trust Five Per Cent. Bonds due 1917, for First Collater.il Mirtj i? Five Per
cent. Bonds due 1930, and for stock, have boon Hated upon the New York Stock Exchange.
About 40 of the Convertible Five Per Cent. Bonds and 40', i of the Four Per Cent. Gold Loan Bon is
have already been deposited under the Plan.
DEPOSITS OF SECURITIES UNDER SAID PLAN WILL NOT BE RECEIVED AFTER DECEM
BER 15, 1915, EXCEPT UPON TERMS APPROVED BY THE READJUSTMENT MANAGERS.
Now York, November 24, 1915.
ALEXANDER J. HEMPHILL, fTialrman,
Five Per Cent. First and Refunding Mortgage
Bondholders' Committee. Guaranty Trust Com
pany of New York, Depositary.
FRANK N. B. f LOSE, hairman.
tTa'iTv iirn trs For, Ye"r f mir per Cent- r,0,d Lo;,n rnA-
aYlitlTs, LUto & IAJ., toners Committee, Bankera Truat Company
Readjustment Managers. of New York. Depoaitary.
JAMES N. WALLACE, ( hairman,
Stockholders" Committee, Central Truat Com
pany of New York, Depoaitary.
Guaranty Trust Company of New York, Depoai
tary for all other iaauee.
International Mercantile Marine Company
COMMON STOCK
An investigation 4 the affairs of the International
Mercantile Marine Company is now in progress and in view
of the urgent' for prompt action by the Committee m be
half of the holders of COMMON STOCK, the Committee
deems it of the utmost importance that h"!d.'r immedi
ately deposit their shares with the Depositary of the ' -m-niittee,
United States Mortgage & Trust Company, No. 55
Cedar Street. New York, winch will issue it Certificates
of Deposit therefor under a Deposit Agreement dated
November 22, 1915.
NO DEPOSITS WILL BE ACCEPTED AFTER
DECEMBER 15, 1915, EXCEPT BY CONSENT OF THE
COMMITTEE AND ON SUCH TERMS AS IT MAY
IMPOSE.
Application will be made to !t the Certificates of
DerwiMt on the New York Stock Exchange.
Dated: New York, December 7. 1915.
JOHN 44. I'f.Al lI'V. CTialmiui
UtWIft I CLARKE.
DON VI ll t.. Cl BOOBS.
AI.FRKD aV CKOB.
Counsel.
CHACNCK Y It. MVRTBBT, Seeretars
6ft Oder St.. New Vork.
THE BALTIMORE MARKET.
BALTIMORE, ix-e 14. -There srss eontlrmoO
einrltr In tlie market here uniler llie lenj of
Cwdsn ami SaimH.a Oil 4os.len oloaeil a
134, shosrtnf a email fra.1 Ipnal .1,-line,
while Sainilpa ess frurstotiiillj hlftier Hniuls
ere Qinet and stemlr Tlie aummaroi
Oiren- 111 a t. 1.'
Sales. ma-
;u Alabama Co . ... l.n,
i . Alabama 7,1 ;.f ... B
lie Anin.le Sand I Op
HI Hall F.ler pf 4. .
1 Hal Elertrlc pf 40i,
. i essaa Clsar f
e.t
IIIU
e.t
Iff.
I'",
77
i.ii,
4 '.
asvj
4 '.
4 .
0
111
11
13
IS
10
te.i
2fA COO Power
111.
110
114
114,
10
10
111
04
JKU
111
1
4'i
7.r, 1'ower pf . .
4443 ('ns lrn
10 4os,1en pf
in Kill horn Fuel
X Pulrl A netir.llt
114
. 13V,
'4
. 1
.141
6 Flnanelal f;uar pi "4
nr. Houaton o.i si
I Houston Oil pf ... n
I4T I'niile KOfiQaOr.. . .IB
ifri toonlpa
K.j Sat'Ulta pf ?
177 Cniteil Rjs 0 Else a.
llrt) Wsjland Oil 4',
BONDS
Jim, A 0 Uo 00 40.. or,
..mi Hij Si.ar IM 4',s HVi
lr, nt, of Bait 4t T4 MV
11, s. I'oii Gas 4'-.s
1000 KlUhorii fuel fs..l'"'i.
fcmsi Blahorn Fuel ns . S7,
MSli Kair A I'lark Tras' da '.
lam ii. . i.i o.i piv :',
j4o Marrl and Klac ta
tr.,1 Mt v VV I' 11 li, .res 00
iitno Mon Val Trao f-t ffi
ln.l Cnl Rys a E 1st 4s nvj
lOOil IT II a I lli.'.iilin 4s til
' ' ;-,
Ill
4-.
O'S
tw
!-',
0-i,
-",
41
It'.,
THE CHICAGO MARKET.
CHICAGO. He.' 14 The volume of IradtlM
arse rather limited to-diy Peomlcs Use .-.
Iretter, while smal rnlne were re,.",t..l li
s sr. Rsi'-huck Dismnn-1 MOteh sisl Tllmo i
Brl, k OonaldaPabls iotleBy was seen
Ultdoaf I'lfht. but OBOSs were ttrtohanowtl
Bonds conliniie Orm The sumnisry:
Olie Hirli Iiw- C!o
Salss. Inr 'St est Itui
10 Ant Radiator 3si, . s 3-
MM Am Rhlnbulld k, KU 10'
IT, Am Khlphulld pf. ',
30 Ronth pf "3
10 Chi Mr socles 1
IB) Com Ktlison 144 itj
.",
74
VI
14f.
lorot
in
f"a
iwol
""',
73
10
14 I S,
107',
a'l',
1 lo
107 '4
MVS
'N
Hi
iw ptaroond si at on. .rru
J DlimiiH Bn. k
ItTTfi Undaav l.'fht 0',
SI Mont Wsrd lf ...W
HI Nsl Osidinn D,.,iy4U
70 Pacific Oaa tVT'tj
070 People, Ons 111
171 '4j
11!
lotu
17M,
SS'
114
107
11344
linn,
in
07
130
107
(.7 Pitniie aertneo u
too Seara-Roebttck ..J'
ii'',
I HPS
r
3!. t . wart Warner .
170 Swift I'
103 Union Carbide . lasv,
BONUS
I! two Chi Rys lo 71
)f1 Com Kdlsnn 0,..,.in3V4j
1imn Pla Melon deb Oalo,
MM Mst Oold 4Ua..... 71
ru
i
10HU
TO TO 70
l34tj ioji aju
Mi ino ler,
73
73
7d
j.i Orden Oaa Is 004, foot 1041, si,
moo Bas Oao est ras....loMs mi toao, loou
BOM Tool 00 i.ii , ,0i tt Of 04
4. II. s. POOT,
HI 44 V 4 . 1114 IIMOM).
44IIII4M 4 . V4N A.i4vrnr.
4 IIMMII rBB.
IC . On riT rie NKMOI'RM
I'llVMIKK ( 4)411' tM.
Holders of rlvs I'er Cent Klrst Moii
f .- Collateral Tru: ii..,.l Buii.ls of tl ,
K I Oil PONT .Is NEMOURS POWDER
COMPANY me hereby aollfted ihsi purtu
ant to lbs previsions of th,. M..ne,fe and
Trust aarsemant, u.it.t Jiino ittii 101.9
bstwssi I. I In PON'l 'is NEMOL'BI
POVVDKI1 COM PANT an. I the Mslropol).
Ian Trust Cotnpaoy of tt.a city of New
Y.,rk t..a: all i t tie outataodlni bonds, of
iha l.os dsserlbed lesn. t.a.s .....ii called
f r redomptlon on J.umary 1. ll, Krh
of sut.l rs.rols will le redoemod at C
Mild accrued Interest to aal.l Jarmsry 1
lOltl. up"ti preaenlattoo and su-rsnder
thereof for Pan e.sri.n nr lha offt -f of
ihe Metropolitan Trut i'oni.,iiv of th
(fill of New Vork. 4 ;r VV a I street. Nev
Vork, on and afisr J,nu,ry I, 1310. on
whl. h data eerfi al sal hon ts atl 1 reae
to iraw Interest Bsglsterod bonds fire
sent,. 1 for beymsnrt .In u 1 hae proper y
Oseoutsd powsra of transfer ottavboa
th ..r'n
Dated, N Task. Deoambor u. 101 1
M KTItnt'i 'I IT v.N TRt'SI POMPANV of
Till: 'Ti v nr NEW VORK, TRUSTEE
BBVBR1.Y ,'IIKW Vloo President
40 wo St...-. itcrjufh of llanbattaa.
Near ork i lty
nitlliKMH ami INTBBBOT,
OBNBBAI ill Mil VI COMPANY.
f;. liroa.l s: . New York, .n ivembei io I'trv
'Ihe r.'ilil ar iiuir.r.y lllvidead of One
and oiie-nn'f par .lit (ItfOol al.: ri aad
Ja:: i.i. I, i.;.i. r., Praf arred eto. kh..'.lsra
of reiord nt i 1' M I noer !.'. 131...
I.A.N. ' KM 1 l'.ll MolMA.v. Treasurer
a. loss H.uiks.
I Nt (I III Hit v I I l 1077
THE
brooklyn
Savings Bank
PIKRREPONT and CLINTON STS,
New Entrance ouo iuit.ni si.
INTEREST AT THE RATE OF
4 Per Cent, Per Annum
will he credited to depetitero January
I, 1916 (payable on and aflat Jan
uary 20th), an all stinu entitled
thereto. Depooitt otade on ot brlore
January 10th will dttw inteieot (root
January lot. I I I I I
4 ltd V4 I l.l. HOIIIIBN. President.
I.AI'ltl'H K (41 I ION, I 'mil lit roller.
A It I til It O, IIAItr., l ashler.
CltAO. 0, VI I N tM.
A ssc Comptroller.
NI4TH y. or INTENTION TO OROAN1ZB
BANK Or CUBA IN NEW vnKK.
V e ttie ttOdOrolOOad, hereby five notice
of our tnteutloti to organize a Bunk, under
mil pursuant to the .sws of the istate of
New York, an 1. In conformity with tha
BtatOta In Btlch 'Mies m'.'le and provljad.
we bareby spe.Jfy and state aa fo.lows, to
w it :
First! The nanus of tlia proposed In
corporators nr.:
William a Merchant,
JamaS T Monahan,
Henry M Eat -.
l. Halaey Ma sns.
atont(omar U Lawlo.
Second! The Dame of th- nr..t,oseil
Itmk ts BANK OK CUBA IN MCW YORK.
Third: The iocatlon of the proposal
Hank 1 to he No 1 Wail Strset, In the
Borough of Manhattan. City, Ci inty and
'"ae ,.f New York.
fourth! Th amount of Its raptta! staeaj
- 'r.. Hundred Tbouoaod Dollara dtoo..
IN WPTNESg WIIEKBOK we have h-rs-..r
: .ttVxed n.tr alfnatui., thla vid day of
lie- araoor, ion,
Wl : . rn A V.r hartA.
Jam. - i' Monaban,
Her rl M Kmt e.
K IHisei Ma one.
afontaomery it i .t.
I TAB SEt l RITir.M CORPOKATION
I." tear Mi I'er tent (iotd Notee
I rauant to Article V of the True!
aoreemeat, dated Oepts mber ltth. in,
I tab MeurlUOf Corporate ,
"' 'ao Underatcnod as Trustee, to e
".. Tsn Vear Ola Per rent Gold No's,
if Uie ,ld ru.li Securities CorporeaJo; .
luarant) Trust CompaO) "f New York, a-s
Tru-lra thereumler, Invites proposals la
irlrlntf f.-r th.. sals to It of ttie a.ld note
41 nor exe..e,i!nK 1 u l and accrue,! Inter, sr.
for Which purouaee said Trustee hse now
i deposit Three Mi. .Ion Dollars lll.OtO.e
Seeled propossja will bo receive by the
III I r it: ..,1 nt i. ofllee, 140 Hroa.1-wav,
New York City unMI 11 o'. 'ock noon on
vtedneaday. Iie.-enibei tlnd, 1013
Noiics ,.f purohaoa of note toOll be
mstlod on Peremher 73nd. lllf. snd the
' so purohaasd mua: he delivered lo
rhe cndersurne.1 before tha close of biasl
n. ss .rn ie".rntjer ;th. 1010. on which dale
Intere.t will
OUAAAMTT TBUBT COMPANY OF NaTO?
YOB K.
CRARbBB H MAH1N. lrsal4laBO
ratai. Daoatuber oth mis
imTMENlfS AND INTEBEST.
tiEN I it v i , in viii vi COMPANT
10 riroed St Ben Vork. Novemher 19, lVl H
An artra sr. n dividend of tve par oat
o. and a speolal stock djvtdeno of bat
par cant 110 I hv been ilac.ared upo
His Oomntoi el., h of ths Company an,
ab.e in Oon mon stock t psr on Peheuary
1. 1414. or es soon 'iiereafier ae th, same
can t-e liete-l rniniiien stockhoio, -s
i toy eha appe of r,v,rd on the .. 0.
he f,'"iri,i v m tho . ., of boa nee. T,.
earr.t er 01. I 1
. ANCAJ4TKB MOBOAB, Treaavree.
"FncF; nr
niANHorsr.B im.m (hrpobation
Ntw lioohslls, n v , December I. mi
Ths Board or Dlrsetors rma deciarsd
frtont thi ti et oarnkiofl monthly dtviaend
sf anf hall of ons psr rnt. (Wet) en ths
stock '.a rompsni lo be pai.i Deeerabei
iiit. t" stockhotdaro of rscoe,i or.
Deeei 13th, i . i . Transfer booba eleee
Dscatnl llih sol rr.vj,.n Osceintsr 14th
A. i: J i in 1 is. Treasurer.
tlffl.-e of The Cult,.,! l.ns Improyenienl Co
N W. ijrii.i Ur-i.1 end Arch St rests,
Philadelphia, Deo I nil.
'Ihe Hire, tel. 4.vh this day declared a,
I Quarterl) dfvldetid ,f two per ces.t iiOe
per share), pMl.e .ran 15. 1311. to etock
I hoidcr. of re. ,.r. i.i ths oloas of business
Hoc. 31, 1915 Che, ks will he mailed.
1 W MORRIS, sj rea,ursr.
NATIONAL l.lliiHKT CovtPANT.
PREPKUREU DIVlDlfNU No. St.
iii.. rsaular Quarterly divhisnd of lVftjo
. the Preferred OtoeJI of this Company
sfl this day ben 1. ..red payable on Da.
iinbai lift nasi In a i Preferred Sto-es
...oer, of record Deoembot utth
II VI PET 1 1 r. It Kill l.. IE. Treasures.
Dersmber 14th, Isio
r i i.i ritiNw and MKirnxai.
Tht Am.rlean Exchange National
Bank Naw, York
N- Vork, Lc 11, ltlt,
Th fttm u i nietlnff of tho tockhoirlakra
'f this bnnk f r i h lf-ttr,n of D'rrtori
will b ho. 1 nt Itn t'ftfiktnff houfoev So ltl
t 1 r.nL.' t n y Nw Vnrk cm Tueadfi:-, January
lUri. t.-i'' t 11 o ' lock noon r . oumx
froni la M to I rj V M
oiKTHWR P LBS CaJiMtF.
truwl H'btJtT jiiI rnntrurtluu CorntjnoVB
ftnn.
The Am it MtBOitU.i; of tht P' I. if
of tha VkR.VEWL RBAUTt ANIJ OOV .
PTHI'CTION COnPOUATION for tho Ml. .
tlon of Dlrciciora m4 MIMlon (t K jo-,
lion to arv foi tho ueettillnil ".r wllj
r- liti'l b ' lh ofTlt of the CompOj iV, Vro,
lift HroOatlwdv Nft Y"rk mi V
tinbr 1A. 191R, nt 1? o'clo k ROOfi
oaJte4. Nt-w Vnrk. Pocenilior t, iv15. ,

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

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The sun. [volume], December 15, 1915, Page 13, Image 13
About The sun. [volume] (New York [N.Y.]) 1833-1916