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COTTON HP SHARPLY ON SHORT COVERING j'ricps Advance About Thirty Point, With Good Selling at Close. I'KOSFECT FOR EXPORTS tftorU In cotton wtio hid tn Inclined . view wtth oeptlctiRi tti rlntnc ttnlncr of the market got frightened -Mtrtly nd by their coverinir brought ttotit mi ndvance of appros Innately SO -o'nts. Pv-rU big llnea war coy red and tti flt'.ns At the close appeared to much better than the buying. Pinal pr'.ft rrrrrintnl a net gain of 2! to 21 tiln'. with the chief etrength mini t.'e by the near positions. AM" from new crop consideration trad la In practical agreement on a 1 (Mturrs except the amount of cotton that luropo will take. Both bulla and r; cone'de a record consumption by ktnf r .-.in mills, and although there la i-mo variation In opinion as to the amount of cotton hld by American P'.nners. It l believed that they are fairly wll covered. Southern mills are dieted to be protected on the average ,, to July 1. -irnl while New Ungtnnd pinner lire. n so well provided for by ttin In naiohousen, their contracts rwc tlicm In a pretty Independent posl- ton. Tleodere II. Price, In his review of t ,- jtton markvt In this week's Issue f Commerce anil 'innrior, KUggeats the ro.b!ll'v 'f exports this ea?on ngire t.i J'S t' T0O.00U bales. Throe tlEUrea w,l hardly titvct tlio views of most tu '.itits uf the cotton trade unless it should .- , rJ..l that m'tuti tonnage uvalw Ma for the earrlnito of tuition will be u u-ually abundant. JIxportH up to Mar . 1 amounted to about ",,5".0,000 bate? The largest utnount ever .ex ported ufler this date win 3.5.I,000, In ''if M'.tt.on of 1914-15. liven this record mount would brim the totul exports ! nly 6.100,000. If tho record of r f 1-1 " should be achieved exports 'n l amount to only T., 550,000 bale-. I' exports lioul'l fall off to the level of n. '.'ter part of the season 11 10-1 1 the il il would reach only 4,(100,000 Imle. Thero Is llttlo doubt tliat a good deal of the recent buylns has been Inspired I.;' tli" hope of an early ieacc, or itt least a Tatlon of hostilities before another rep Is tnnrketrd. At a matter of fact, V duration of the war Is a ilcternilti r.; Intliicnce In llxlni market bias, l.iere are many who would not be bhort t a bale of cotton If they expected peace the course of tho next tcven or elsht rtl.f, tvl-.llc there urc others who be .eve the, market Is headed toward per r .inertly lower Ievels.lt; the event of hf tvara cotiMr,untue. Scutliern tpol markets were fctvady Ml frn. tlon.illy lilKlier esterday. A N'e- Organs wiro dated: "Very roiel .i f r epoti.. iinnera holding linn, 'firr .- ill limited except hedged cut- "' w ! -li a- Moving at a blither b.uis." TV ir irket eluded barely steady. Open-lllili.Low. Clot 1-r-T. mtr r est. tm. clow. ii u r u.4j it 7tiit ::. n v.u 4; 1: "1 11 I'". It f.4 ll.Holl !-) II Mtitl 61 1 : 1: 11 11 i:n,rum 11 yinl!. t a; ua i:m i.auii:i u.oihti.M 41 j i. 31 i: 1:31 i:.4;wi: s i.'Ktii: 3S ""V local market for tHit cotton was ttealj. : points aiivan": nitddllnt- 11 Wc Southern "t mirkrt -4 offl.lnlly rctorteil were '') 12 lo w point" adv-ame Ne Orlraii., lialTcHoii. i:iPc: Savannah 11'.": 'm'j4, 11 -jc ; Au;uU. lt.hjr ; Hounon. tw Orleans market clod vrrr ste.it). Openlllgb-Lon- Clov I'rer In- eet eil In; rice Vircli .. It. an IIJ9 11.30 ll..V.itl W It.KjiJt 34 Vit , H.c II 74 11.4.-, u r.ai1 r.i 11 tnil.4; 4.v .. 1175 it il 11 ;j 11 j II VI 11 T0UI1 71 Moter tl 3 1S.M in: lS.n3.11: II lfll it tTBitr 1: m i:.t i:.'jo uucu ir 17 11 94411 k The Llrerpool market openeil quet There i nuirl tuilnM in spot cotton, with mid lu: I points sdvince tit 7 7CI Sales. 6.MO C4.f i. 11 1 receipts Closr-l quiet Opn- Hlth- Low 1 1 is est el 7 f.;w 7 jt 3 J r... v I.S7 71.5 Clos- lrsT iiif close 7.171, 7 tj 7 57a 7-M1 7 37 7.40 7 3i;Vi7 33 7.40 Th 11 A M. bids (o Llrerpool were: Msreh. Kc-. May, 1174c: July. 1194c: October .'"V Tli market there it dut to open lo ir 7 lo to points advance-. fort rtceiptt and ttocUt' M.r.Apr .. MuJurw... hi7-ut... o.t..Vov .. THE SUN, FRIDAY, MARCH 10, 1916. 11 0088IP OF WALL STREET. The Leader. When RtMl .,.... ... whole market movm. This was aaln shown yesterday. Htrel has always been tJind"'J0l th0 either up or down, and the favorite emulative stock of the Htrwrt Mm. t.n..i. i..... i. : - ' ". r iinu iin "nil ff V WUh k VlROr wMrh 1,1,1 """'I1 u v-i Z lne weHs iurlnjr which l;-?"a Ren between 80V1 nml il. ---- viiivii j wieroay u displayed underb-lnir strength, but It ., ciwn, u teaaer nan jacking, and price boxan to slide off. Then a. vlarnmna iti.... M . , Hleel ret In which carHed that stock to. above 84. The result was the old story over again. The ireneral list ad vanced and under Steel's leadership in uj- vne cio.se or me market. Trading In Steel wan the heav iest Rincf. Mnr..1, 1 fin 7AA v. ... , , : 7 - ' ' DHMVI viuuik- "f hands. Tlie trKik sold as hlch aa " -t. ii niKiinn pnee u nas touched since February 11. when It sold at StH. The gpriaa; Orlte. Keiltlmnnl rci.ii m! I - ii.. . , ..i . . .. . 1. . . - r. ...rt i .. r,vn 111.11 and tho outlook for better prices U b comlnir decldnlly strotiKiT. The stock market seems to lie netting Into uliape ror Its spring drive and unless unforeseen International difficulties ar!o the gen eral feellnr la thai iv. i... ,!...,.. . u. ""in i an ""Paving one. More .wi, nut ncaxu ycsieruay in com mission houses than for seveni.1 neeks pat. A new hull pool is said to t forming In United States steel common, whne tho 'Mope" regarding higher prices and Increased dividends for the cop nent bt Mrwuiiliu .... ------- , j ..u viiA .nuiwirr 1 1 in short account Is still u large one and i ure imii element can once pet fairly started without politics or some of ths International issues Interfering with its plans It Is known that n ntrnr dispo sition exists to mukti capital out of a bear rush to cover In a market which will afford llttlo mercy to the liortH. The War Rrldee. Tho "war trld" are beln,? gloomed for another advance. !: Iclenco that such a iiiovo was undor way was not lucking yesterday cither In commission houses or In the action of the market. The paces of some of tho favorites were tried out and the comment heard last nlaht nut that they wero working smoothly. Cru cible Steel has been especially strong and uctlvc of l.itc. At one time yester day It was 2!i points above Its close on Wednesday. American Coal Products, Colorado Kucl und Iron, lickuwanna Steel. Itepubllc Iron and Steel. American Locomotive and some of tho letter lights among tho "war brides' were allowed to gambol u bit and all reeiwnded favor ably to their try outs. Humor has It thut within the last fow weeks new war or ders of considerable magnitude were placed In this country and that an nouncements regarding their she will be allowed to leak out occasionally. .Mercantile Marine. The International Mercantile Marine stocks wero uctlvc and strong jcMt day, the common gaining of a mint on u turnover of some 10,000 shares and the preferred advancing easily to 71 although It later dropped to . a net gain for the day of 1', points. The ac tivity in Marines was accompanied by rumors that tho rwelvert." report would soon be riled with the court, covering the six months period to December 31, 191,1, and that It would be an extremely good one. Humor has It that new peace over tures have been made by some of the disagreeing members of the varlods pro tective committees, which may lead to a settlement without court action. lie I.at ceipin. ear -,t!r.n r.'.7 31 '.' Orleans . 3,'s!4 "Inhll- ,., yi 1M Sivjimih . t;i 4.35S harxten .. 1"3 8711 'Vi;n ijion 115 Stl V-if..K mi l() 'nierior rrovlpls and to'kt: He. I.att eclplt "ear. iijsi! 713 'l-ir ,;ii 3,11(7 't I.OH .. .V.2 ;7S "'iti m : -rj r,.w FXtmaled port rt'-elpls to day , lo 4.W 1 ?M to 7,0?) Stai-ht. r.?,7'- srf.cti v.v. i:.i:i 7i.n;"; 44.M1 116.943 Slookl 113.M4 ?i'J.K4 19."TJ 144.341 I.V!t week C.I37 l.9'j i ni S- Or'rinr ' , 'irli Tpt"rd.i were 1.177 baJet 1 i!u t.iion. 3.r,33.Mrj bales, lots lilt i hale t Last ear 4,C..-7? V).3-17 4it.M "..MI l.t" 7.709 l.al year in.?" IIS.CV) 37 .IS 171. ; l.aat ear ;.j:i s.ssr. Tola! ) ui DAILY FINANCIAL CALENDAR. i EX DIVIDEND. 'in irid Term. " 4i Pneumatic Service, '- .mni riiiutuatlR Service. - I annul . -n loi. quarterly. - .fi I i ipertor. ettra... a ui Klectrlo Oor- a'li.f ( ii.iri-rly a l.lher quarterly.... ipjier ijar1-rly (,a o; Indlunapotls, in n in n Ola.i, quarierly. . . . -oiiEh "'otjollilatiKl, ".eil e nt Copper (Initial), rr(y i Trartlon. quarterly. . Id: Traction, aeml-an- 8tk. 1 pfd Spfd pfd pfd ptd Pfd J kny Companies, quHrtrrly. "a-kay ('ompnnlni. quarterly, l-mi Cuppnr, quarterly h ley . Dirrauh Ravage. , .i ie, quarterly -ell Motor, quarterly ... ... .1 ..nanienns anu in ilr-r, quarterly " al I.eau, quarterly rn (Hilo Traction and " quarterly ' i Connolldaled, quax- . " a la Consolidated, extra... 1 "t-tiirc. Con Wayno and ' ui .i. -til "ay ConsDllitaled, quarterlT... tuaber Oomla Manufacturing, quarterly "Mth I'ortu Hlco Bursr. quar terly )'iMi Porto ntio fluttar, quar ter y . , , Jlfi A Co quarterly,...'.... Tll"'Jli Uitenilon Mining, 'I ur'erly "inoim, i:tsiuilon Mining, i ra t J'Uh ''npp.r, quar'leriy! 'Uh ''firiper. eitra Wijo "ftn, y w , co , qua-- w'Ui niln Central,' ' 'ternl-an'. , ",'il ru-on Gold, quarterly Pfd com pfd 1 pfd pfd com Ami 3H. !''. lie lift. 00 14-4 IV i.:; sr. 1K inr. 11.40 if. 100. St 18 Pfd 1U J74c 12H0. IKK lOc. 1K 3 --4 en .00 IK pfd cera pM pfd pfd 11.60 11. pfd DIVIDKNDS PATADLE. Ar i-owder oom W'ai ponder, utra com 1. Company coin i ump.iny, quarterly,... pfd I I'ronertl-M ITnrnnra- .. 'ion quarterly nl Plll.hnr Itallroad. 'lmritrly in-American rtugar, quar ter . ( ttt man American Surar, extra iiobe-Wernlcka. quarterly.... com 'i-lr.i silver Iea4 illnlnf, "lenihly I If, 1H. : 3 l4i i nr. if. 10 i tie. MILL NEEDING SUPPLY PAYS PASSENGER RATE iSt'w En-jlnnd Plants Adopt Costly Expedients to Keep Open. Wetting the? ahasarnek. In Iieland thero Is an oll saying Mat when a Celt takes n drink on St. Pat rick's day ho calls it 'welting the r-ham-ruck." Ily a i-cullar coincidence the board of directors of the Distillers Se curities Company will vlve i-onslderatlon to dividend diclaratlon mi that sU-.'k on .March 17 next. DWtlllris was strong cttcrday, udvunclng la iniliits to 48',, ami closing with a gain for the day of 1 point at IS. C. H. D, t'iar.s for the reoigaiiizaUon of t'..e Cincinnati. Hamilton and Dati.ti Hall way have been practically completed, mly a few details being lacking. Kuhn, li"'l' & Co. ar acting as the itor- gar.lzers. It Is understood that no statement will be made, this week re. guiding the terms of the reorganization rude- the new plan the Baltimore and Ohio will continue ti remain in control of rhe property. The Cincinnati, Ham- .'ton nnd Dayton was placed In the hands of the rfcelvers In July, )!!!. A Roomcraag. The statement which N. L. Amster re cntly, issued re-.inllnc the call" for de. posits of bonds by the Committee for tl:n Hi st and refunding mortgage land holders comniltti-o nf the Chicago, Ilocl: IsUnd and I'acille Hallway, in Which he irotcwted ugalnrt th committee's action us an attempt to force the. maturity of the bonds and thus endanger the rlgh's of the stockholders, has had resultb which Mr. Amstep did not r-d-ct. In fact It has proven somewhat of a bonm-e.-ang to him. Members of the land holders' cnmmlt'eo s.iy tliat the deposits have been larger and morn frequent nceiitly tliHn at nny time jirevinus ;n ,'.e issuance of Mr. Amsttr's statement Canadian tlurrutvlng. Canada Is fald to lnj seeking funds In this market. Lust year the Dominion borrows 143, 000,000 liete on one and tvvo year 5 er cent, gold notes, a por tion of which will fall duo. tills year. Some of the 4',000,0)0 notes were con verted into twenty year bonds, but n largo amount of this sear's maturity wilt have to be taken tip. This tlmo it Is .said that Canada wants to ralsn 175, OOP.flnfl, to run lor live years on a baeis to yield between 4 per cent, and 5 per cent. THE SUGAR MARKET. Haw Again Strong HeBned Firm Patarea Fairly Aetlve. Underlying conditions In Ihe market for raw sural were araJn .trnnr While no new business was reported and prices were nonil. nally unchanged on the basis of 4Sc. tor Cubit, coat and frrlclit. equal In I. (or eentrlfural 96 test, sellers were not willln to adept these flVurea and tvero lioldtn; at fully 4He coat ami frelcht Ths reflned market waa very firm at CMc. for line rranulaiexl. New buiiiev nas ald lo be smaller al the advance, but with drawalt on old orrinrt were active, There was a persistent rumor, which was tald to hare come from Keadlin. Pa. where a Rocera' convention It In tetalon, that there its been recent salet for export by a Irxal refiner of about loll.ioo lont of reflned Title lacked definite contlrmatlon, but mat ren erally aiepted br Ihe trade at very prob able, and waa Ihnurhl to explain tome of the reient hnary purcliatet nl raw tuiar at the advanr-ed prices In the market for tufar futurei there u a fairly active demand baaed on the stren-th In the market for rawt and the talk of ex. port demand for refined, and while there wit mom or lets profit taklm on the hill-en. clotlnr priest were 0 to 10 nolnlt hlrher fnr the old crop poaltlont and I point hlrher to nolnlt lower for ths niw iron montht. Total salet for Ihe day were lu.VM torn In.'t follows Open-Hlrh-Ixiw. Hint- IVer. I nr. est ett Inc eloie. Mmi-rh 4 4 4 60 4.4K 4 4Vi4.tiO 4 Si Anril 4M 4 81 4.M 4.4M4M 4 43 May.,,.. 4M 4 7 4.110 4 UtH Sk 4 41 June..'. l'"f4 0l 411 July 4 47 4U 4 4V.H4J M 4 17 September 4.7S 4 7 4 7.1 4 7.11-1 74 4 111 n.inher 4 73 4.73 4 73 4 T4H 7S 111 Noreniber 4 70MI.73 lemlr....' .... . 4 44M4 47 4 1 iimuaVy.... 4.M JS"' rbruary - - - .3ii.4 The activity in structural steel work and tho steady advance In prices of fabricated shapes have evidently prompted the American tlrtdge Com pany to withdraw all outstanding quo tations In the irustern division. It Is understood that the four Kastern shops have capacity sold for three to four months, and while specifications are In hand It has been Impossible to oper ate these works al full capacity because of the freight embargoes which pre vent shipment". It Is estimated that monthtly operations have fallen short about G.ono tons becauso of this and nlso the revere winter In New Kngland, which has delayed work In the open. Other ilelaja outside of New Kngland have been caused by the rush of work at manufacturing plants, where con struction forces have been kept wait ing for weeks. Under these circum stances, however, the additional cost Is borne by the manufacturing companies, but where the delay Is caused by enow and Ice tho loss Is charged to ths profit and loss account of the bridge company. Such impedimenta and losses also apply to other fabricators In the IUstern ter ritory, e The Krle Ilallroad has placed a small contract with an independent fabricator for 200 tona of bridge work nt Niagara Kails. The Haltlmore and Ohio bridges to be constructed at Detlanre, Ohio, calling for 900 tons of structural steel, ape held In abeyance. The Ureat North ern Ka.llro.u1 has placed a contract for a plate girder bridge calling for Tf0 tons or eteel with an Independent fab ricator, and tho Ureat Northern has given an order for .00 tona of steel for turntables to tho American Hrlitgo Company. The Chicago, llurlington and (julncy Hatlrond Is still In the market for brtdiro work calling for about 1,000 tons of ettcl shapes. t Tho Chicago, Milwaukee and St. Taut Hullroud has given an order for 3,000 tons of oiK'ti hearth rails to the Huffalo mill for prompt shipment. Another road at ft. l.oul has ordered tOO tons from the Illinois Steel Company. The Cieve land Hallway Company has ordered 500 tons of SO pound rails and 10,000 steel tlo ptntcri from l'lttsburg mills. A con tract for 1.00U tons of rails has been placed by a traction company for early shipment. The CIiIciro, llurlington and Qulncy ltallro.id Is still taking bids on 1,500 frc!ht cars nnd Northern I"aclflc on 1,000 cars. No action has yet been taken by the New Haven railroad In re gard to the award of the Thames HIver bralite. Tho Missouri Valley llrldge atul Iron Company has been awarded a contract for the Central avenue bridge at Km-'is City, requiring 5,000 tons of structural steel, while the American Hrldge Com pany has secured an order for l.uoo tons of structural shapes for plant extension to the Alabama Power Conuuny. The bride company has also received an ad ditional contract for an extension to the Firestone Tire nnd Hubtar Company at Akron, Ohio, making the total -about I. Son tons. The original contract, ur noted list week, was for l.'.OO tons of steel shapes. A contiact for a coal handling bridge at Uranbv, Wis., re quires :."0 tons of steel shapes, which will b- furnished by the Federal Hrlde Company, the contract being placed by Meade, Morrison t ro. The Arkansas Ulaht and Valley Tower Company has placed un order for a power house at Canon Ctv, Col, requiring 2"n tons of steel, with the Minneapolis Steel nnd Machinery Company. Hcs-iurccf illness and Ingenuity have been shown by Now Kngland manufac turers In their efforts to overcome the dltllciiltles in the way of securing an ade quate NUirply of steel because of the em bargiHts against freight shipments Into New Kwsland. One Connecticut com pany has chartered bargci and Is float Ins the much needed mipply of wlro rods from the Trenton plant of the American Steel and Wire Company down th canal and I tart tan HIver nnd up the Sound to tho workj. Another Connecticut manu facturer nfter securing steel by bet In tho same way Is trucking the metal thirty to forty miles overland. One New I'ngland manufacturer of wax munitions, requiring a constant exchange of sup plies between the Hethlehem Steel Com pany works anil the New Kngland plant, has established an automobile line be tween the two points, with a relay In New York city Another Illustration of tie strcn under which manufacturers urr working Is the chartering f a freight car at a passenger coach rate by a manu facturer In New Jersey. The frcluht car, which contained hlngcjt essential lo the continuance of work at the fac tory was located at a New Kngland olnt. The railroad refused to carry the car until the manufacturer offered to pay passenger rates. The car wan then attached to a regular passenger train. It was reported yesterday that the Central Hailroad of New Jersey and the I'hitth Valley Hailroad have raised the embargoes against freight shipments from Allentown, Pa., Into New Kngland by vv.iv of the Albany gateway. The other i jar::o continu In force as previously noi d, The American Hrldge Company has been awarded a contract for 1.000 tona of fabrlrated structural shapes to be ure In the comdructlon of n mill build ing at New Iledford, Mass. The order was placed through' a general contractor, who reiently secured the award through the Whitman Interest. The same fabri cators havo nlso taken an order for '100 tons of fabricated structural steel for a connection between the elevated trades on the Queensboro llridse and the Second avenue elevated railroad. The contract for a power hou-e evten slon at tho plant of the Itigersoll Hand Company, Painted I'mt, N. V., re quiring 200 tons of structural Heel, has gone to the Jones H I.aughlln Steel Com pany. The United States Metal Helm ing Company has iilven an order for fi"0 tons of structural steel to an Inde pendent fabricator. The rnntract fnr a highway hrldge to be constructed over the Krie barge carnal at Utile Kails, N. V.. calls for ;."C tons of structural steel. The award has been made to a general contrac tor, but the steel work has not jet been placed. The Chesapeake Iron Works has been awarded a oontract for COO tons of steel for the HnUler store, to be constructed at Haltlmore. A building at Niagara Kails for W. A. Itocers Sons, whlrh under the original contract would call for 50 tonu of iteel, It Is now learned will be of concrete construction. THE BOSTON MARKET. BOSTON. March ..-Alaska Oold, American Zlno and United Sialet Smsltrrt wero con spicuous features In the mlnlne shares mar. set, Alakn closed I loser than the oiienlnt, American 'Inn sold from s4H lo S, clolnr at ;, and fnltnl .States Smelters cloeeil l' points up. Tho entire rapper shares hit was ttroiir and Active. Itallroadt were dull. Nlpe flay .sujar made a further tain of : polntt. aiio summary; COTTONSEED OH. Stir tilth levels wtre made through tht 1IM. There wan a further tperulatlvt de mand haved on the rl In the lard market. Crude oil wan -trope at o.i: In 9 57. of. ferine were generally small tlh htrs and at tile Hmlth. Itt'llners sere union, the buyerr. Their operations on this hiilc mors man nlfeet their eclllnc of Ihe dlmant month. N' tinders wett reported. hnot. . March..,.. Mnv -Inly . ...... September. Octubtr... I'luelnr I'rliee in,4.vrj in.70 111.4111' 10.4.' HI, 44 Will, 4- lo.:s4liiin,iir. 1(1, '.'HOI' in, 27 B.UatJ w.n rrsv. 111.1. in.'.'a Pl.'.'H in,:..-. Ill, L'4 in. in (-. 15 ...7i ... vl .... : ... r.4 .... !, ... : .... 1.0 ... 13 ...,:i ... 4 ... 4i ... 4iV, ... :j .... -i ::: ... 4'. f, ... IS' ... , ... M .... 'i ... f.7S r-4 18 t M cm K.V, .54 4 4n i'f S'l .4' IX r. 141 ti si; 21 Salet. to Adventure 1.1J Ah meek . K;r, Alaska Gold : .il Allouet 7l'i 17:"V. Aaier Zlno its 4.'. Arl Com nv, . Hulls 4 llaliik..., 4f, i-.-ri iiuiiei k bun nu ,.i c.vi a Art..... 17C.il llecla... to Chi no 10;0 Cop Dante.,. 40 Duly West,..., SO Kaat tlutte..,, SO 'ranklln :m (iranhy :r dree lis Can.,., 14.. HamvcJi 1i Helvetia I") Indiana M Inspiration ., Island Creek., tM lle Ito-ale... 10 Kerr I.-ks.... IIS.. Keweenaw ,,,, IV. leVkf r, l.a Salle Mo Mason Valiey g-. Mass Con in .Mayflower ,,, c:.'. Mohawk Ill) New Are y. Nlplsslnc r7l North Hullo,, 'at Uld t'oluuy..., T.1 Old loni tec. Om-soi ... ,,,, m Pond Creek... CC, QuilS'T M Hay Con ?43 Santa re S1 Shannon Wl South Lake... If-.. South Utali ."0 4i st Mars Land... c:'4 4M Sup A Uotton.... "A 70 Mi,enor 14 I,., ramaraca Trimly , 1I3 1' S Smelter..., ir.S It S Smelter pf 1'tah Apex , 10 ftah Con IT. 1'tah ropier..., .-' Utah Metal too VMorla s Winona 1 Wolverine. iv Wyandotte .... HAII.llOADri. 45 lioston a Albany. IV. tw, 41 Ho-ion i:i I"'1 4;.'. lioMon a Me t't 3 Itoetou Me Df 61 IMC J S V pf ,.1't.U l'.'a; z nnn Kiv er it . Filchliurt- pf 7S in Maine 4ntral lo- 10 Maes Klee pl J7 if:. New Haven. .. '.' It Weit Kml a 5) Weet i:n t pf . . f Ji, MISCKI.IANKOl.'S 110 Am Arr ('hem.... C, a i:i Ara Atr L'hem pi T. Amoskeac pf ,,. .It. IS) Am Hurar W. 13 Am Sutar nf... .lli'.i, I' l Am Trl & Tel.. 1 " Am woolen 'He. Open. Illtlf TOw. Clot. trig. e-l. e-t. Int. . :, vi. i'n :. .2, K111I4 10:ij to:ij v -u't -1 71 71 7H, H H .7 S'4 4 't 4. 4i 41. lt 101', 1'et'li 7.'4 f.7'i 1"S 4 , , M , teWJ , 4S . nw 1 !-" , 4 W.l, 13 M 21 14 . 71 4 .' I" r.4 l.u, ft, 1 M s; 41- K.4 44', M I-l 13 .:i 4 4G v. J: 4't 3li l.U, i"t i't 4 (U4 i'i 71 i M'i 5 10H 1 C!Ui "A 1'n M 'J V4 l'U il'- .". IS 4 4". 01 q Mi in, .14 4 4',:, 4,-,4 .H 3'. 4 t7i r. S t: i o to i: S3 n 1 701, .r- C4 91. eV.1, tvl 4S ir,v. J'-. t' 4S 4 V, 14 ,4 102 (-.. V'4 I'.l 13 ) 44V, CI 1M 1J "' 4 S3', vri. Iiau iwi. J14V. iir. ir. is Ml 4l'i I'kI 1'C.V, JM 74 t'J MS 'l 10", 1' M An Wool pl rtft Ml, I'M -t-. 4 ii a vi- 1 -.1- -.111 474 US . V7 .Jul', 1"3 ..1-e, IV. .13 l.l. 1.1.'. . 4-14 nr. A 1; W I A i & W I pt 40 I-xIIihjii lien Klectrte... 17 Mas (las pf.. M McKIivalli pf.. 6 Merci nthalir . l; N K Tel f.M Nil Hay l''.r.:mau . .. 34.1 uft . . . St Tornn-loii . ,. 41 I'lUleil Krull. .. ruteii .miim. Mich ,a, "ID I'liitMl Slioe M pf H17 C N iee s- 1 C S Meel pl IJ'4 11K Ventura Oil.. :v, BONDS RM Am Tel A Tel 4s. !J p)"' Arirlo-I'reneti ts... iw A 1. A w I tv.. . r: PW) N K Col Yarn ts. ha, TOO N u Tel ..PC '. Cni Vrtilt (i,s '3 :, M I'nl J-Tult ti,s -a. IO-) Wertern Tel c. .1 .vii Stl 1: Hi it 1ST. 4V, IS M 77 'i Mi, l"3 144 I'.l K7 r.l, 47, :) pwi; v; ll', 14 1. 133 i-"l i3 1VI in i;o : iw 14 IV IX. 4 ikh, 4 '.'a HI !P V3 ll'.'k 4':i Hi- vj . IKS M', "I s 1V l": -j: ; THE BOSTON CURB MARKET. BOSTON. March -The Potion curb clof.nr bid arsl asked quotations follow; Alvar.vlo Hay Slain i.i Ilinthani Mliilnt Holie-nia Il5 0le It jv I p .1 lou!on Il-j.ton Klv Hull" A N-m nri ll.P4ll .1 VI,,,,. ,,,, Cvla.rr.l . 1 hi. I roii.'ihdated Coneulldilid Arlrnut ('onol!dated Copper Corle- :ron iteserve eUIoriil.v Corbln Cuban Cement Davis Daly Katie A llliielw'.! Kirrt National Copper rSoUfield CoIIHlIld.ilr.1 nou;hion Iron liliiM'Vii l.a ltl"e Male.lii- VltKllllej Djrrajh MetlcAtl .Melale Minev of inerca New H.ihlc . .. e- 1'nrneli.t ('ecaila Hou-lao 0111 jiorninioii receipts Ohio Copper. Oneco Onondaga . ioulhsesl Miaul Slewart Mlniur Tounpah llelinont Tonopah MliUnj Truro I'm ted I'ridil harln- t'iute.1 Venlc Kxtensinii .. . Yukon tiolil THE CHICAGO MARKET. Hid. A'lted 11 1'-. 1. to 70 ' ,4-t 4 s : . .4. ' .1 i. '"i 1 . -:: .41 4 )' v'i r. Ml i.tv ."-i ' i , :s til 1 . ,-n r ' V. .4; .n .4; .4. 1.''i IV." ll' ,M .is 1 r. li: .ri 4V 41, 41, ., 7 s; '.i v, ; . w. 1. . BREAK SENDS HARKS TO A NEW LOW PRICE Knlly Due to Short Covering Some Experts Look for Further Drop. A new low record for mark exchange wan registered yesterday when rates cm (lernmny broko to 7 i for tight drain and 72"i for cables. This compare with a previous low record elo- of 72 7-16 for drafts and fnr cables. Townrd tho close Herman e.chnngn rallied anmevvhnt and closed nt 72 H for cheeks and 7211 for cables. Foreign exchange experts say that the rally In markH was due to short cov ering by speculators who believed that the rate had dropped as far as It would be likely to go for some time. Many authorities, however, believe that the rate on Uerlln will be much lower be fore many weekn have passed, and eomn say that they fear a decided coltapie In mark exchange If tho houses with (let-man affiliations entirely withdraw their support from the market. The break In mark exchange Id lack. Ing, however, the significance which han been seen In the previous declines In sterling, francs and the hills of the othur Allies. This Is beeauso Germany la practically shut off from communication with the outer world and the market for her exchango Is a narrow one, especially In this country. Brokers brand as ridic ulous the repot t that (lermnny has been building up tremendous credits here by the sale of her exchange, IntendltiK throuiih these credits to drain the gold reserve of this country after tho war. The market for marks here Is a purely nominal one nnd It Is doubtful If n buHlnesa amounting to ns much an "00, 000 marks Is done in New York city In a month In these d.ts. Ilrokers )ay that when they hto any largo amount of mark- to sell they are forced to offir t'.eni In "odd lots" in onler not to break tho market while trying to get what they (ettcl n M be a fair price for tho ex ch.i tig". Aurtrlan kronen did not follow the dip In in.irkd yesterday and cloed un changed nt 12.00. Tim market for kronen Is even narrower than that of marks. Sterling, franc, and llro echanito were all stronger yesterday. Sterling closed nt V"' l""' for demand and 4 "6 11-16 for cables. This compares with 4,75 IS-lfl for demand and 4.7R"ii for cables on Wednesday. lYatics advanced to S.90'4 for checks and '.U0l' for cables, l'aria exchange on Wedmsday was quoted at .".,!1 and f.9n"i ret ixc-1 lively. Italian lire advanced from 0.70'jl lo r,,70. Oulldcrs were unchanvi'il at 51 75. I TheZincConcentratingCompany Capital $3,000,000 Par Value $10 Full Paid and Non-Assessable The Zinc Concentrating Company lias purchased and owns all the patents, rights and contracts relating to the "Campbell System of Magnetic Separation of Zinc, Iron Sulphide Ores." This process has been developed by actual use commercially until today it is admitted by scientists and metallurgists to be one of the most important develop ments in the treatment of zinc, iron-sulphide ores, ranking, in relation to those ores, with the oil flotation process. OFFICERS AND DIRECTORS L. N. GODFREY, - - President and Director Treasurer, t. N. Godfrey Lumber Co., Huston, Mass. AUGUSTUS T. CLARK. - Treasurer and Director Treaaurer, The American Circular I-oom Co.. lloUon. Man. D; L. GOFF, ...... Director Presldest, I). tlotT A Mint. I'aMucket. It. 1. rrealdeat, Itoyal Weaving Co, Pa-ituckct. It. I. JAMES B. ETHERINCTON, - - - Director freaideat of tht Campbell Maiuetl' Zinc Co M. B. RYAN Director Capitalist, llrlda-eport, Coon The aftairs of the Company are in the hondu of Voting Trustee which will insure the continuance of the above management. The Zinc Concentrating Company owns fundamental patents covering the Etherington-STngcr N'oti-O.tirlizing Roaster and the Campbell Zinc-Iron Separator. These patents control the "Campbell System," which is thu only one giving uti.ifactory rentiltn to tho producere of zinc-iron sulphide ores. Thin proccM is producing the highest known recovery of metallic values at thelowestopcrating costs. In order to furnish the Company with additional capital require! by increasing business wu have purchased a largt) block of its stock, a considerable portion of which has already been placed with our customers and the friends of the management. We offer the unsold portion at $3.75 per share (Par Virtue 510.) Applications to list this stock on tii New York and Boston Curb Markets will bo made by tho Company. Pro.ipectus and detailed information can be had upon application to C. R. BERGMANN & COMPANY INVESTMENT SECURITIES 66 BROADWAY NEW YORK CITY Telephones lleclur JjJ'i ARGENTINE GOVERNMENT Internal Oold Lean 109 Mesr. J, I' Mnr-an A i'n. hereby rlvs noil..,, thai they ure iriurc.l to recivn Tinders fnr tli .itiiiri.avlii "n 1st Jla ll'lii, of 1.1 '11,00(1 Ai-i!"' i" Hold Tesos. sa .' 1 3 . 'i . ! L S, 11. i I J. ,.ir. uf tho allow I .can, Tee . r tut -u'.o nt llnnds with emir-on due it . mil. r, Ulil, nt ,i I'tlce tn ! states. In tin- Vend)!, tnui li" 'ii.liri.,1 not later than 1- mk noon on 4ili April, 1 1 a , vvltli Ale.r- j. ! Moraan A Co., :J Wall Utreel. Ncv. Vi.-lr. who uld jimoumn ths rsjult off II,. 'I .,. .... k...... k..IM. ! Ten'. , ivl l !. rr-.v.,l';i t,i in Paris l.v- tli" lliini' ir I'.iru n il, l'.iM Un. t;i I. iiiiilini i.y "c.rs. Ilu rlii t lirolhera i.. I ''I . ii ti I In ltiino Aires by the Credit I'll'. ii .S'l-liill.il l.i ii nonil ln a -ur vain- nf 17.1 If. P fill i l .ir, :i ' T nl-r4 inu.t h lrirvils j .- la' titles undir sir extirvascd III dollar' I' ' l."lid. T-ini rs must li m vd en a firm sM.-tn-iilne mi iiinl( item, atul must b 4-eurclj er,c'nil tu un nvclot'o ni4rki"1 "TcmlM4 it Araiutlne ilov eminent t, tr cent. Intci ii.n r.nl.J l.o.iri 1505 llmiils for redemption "1 I o' ni nf Tender may b obtalne d on an p!lc.i;on tn M.rs. .1 1. Jlor-an H .., i W.ri fi'ti t. New v,nfl, iviio rcorviri tuti rlalii tn relcet nil nr any Tfiderr. H..I-.I. .Niw lurk. Itli March. 1JI. Tltlt fS TO fl'.ttTIKV that. In s.Tonlanc iviili tlr'- Pir-i MnrtA.-us nr i-M nl 'Irtist nt Tin: AMi'.ttirvN ti'f. anmi tampiu (.riMPANV In rn'nmsl Ttum tliimnanr now TIIK KDriTAIIl.K TllfSI- CO.MI'ANV (Is M'.W MlHK a Trii"l-e, rtvle.l o."fihr 1t. Ill" InllmMtu tiUU.In hoi, lid, lin, 5J, '.I if. r.i. ;;.!. oi'i and : lnv-r llils Aij. rdiriiiry IMIi. ,M, al tli riflic. ot Hid Koult.i ble Trut l.'imitiatir o( Ne-v Vinli. 1.fu ilsi iud for r"d-mntlon nt 1S"4 and lnlrei on II, e llt-t diy ot April, lm, oil fresfiilalle'i .-"i'l urri-i' li r th-reol. mlh all tinfald on ,. linns allailreil, to sail 'Irti-t"-. Itrterett OH above ttoml. Mill ccv.s Anril '"I li'r , TIIK KOI'ITMII.I-: Tltl'ST t'OMPANT I W NKW VOHK. Trilflee . lie S A1IM4TltON'i. AkIhiim Vv-r-i.rT ' TIIK AMKKK'AN TI'IIK A STAMPIMJ 1 COMPANV. lis CPS MILI l''t. fV.4ir1.rt I'KIICV 8. Illl.b. liitcclor I 1 -robr frri fe that ih atiove Iiini4 w-fl drawn stald WITNESS me band anri , t.n Ii is lMh d.i- of IVtrrunxy. UI ' , MYI.HS M IIOCTKE I Notary rnlille. New Vnik County, .So I In anti-dan e with the above ertlflca'4 111" lllidl"!clie, t 11 rMSrm ths shot's nuni. Irers'l tsiiuls at : and airrued Hit-rent tn, 1 Arnl l-l li. on and after that dale, wli-ir i pr-ir MM villi all unpaid oniifnn. at U4 I uftiee. Nil ffi ! Slreel. New York City TUB ryflTMIt.K TRI'sT COMPAKV I OP NKW VOltK. LYMAN IIIIOAIIKS. Vlce-fretlrlenl ltl HIKM! AMI INTr.nRNT. THE PHILADELPHIA MARKET. - - 1v, l'V'4 l n. :i' 41 , s . 4!V, Si . :'. !' tfl, 4. 4-.V, T'Jk 1.1-1 1"-. !'VS n. 4!W 1'. 4' .'14 4JI, rilIIjMIKl.rilL. March J.-l-rtrr4 movi-I In a narrow rantr.. .ttli lKlit 1 1. mint lloivl rro less active t ut llrni. Tli" lumoun Ol-en- Hlth- Uw i:io. Salss. ire. e-t ! in- .' Am Itys . ... - ?) Ilalilwln licn.... IV. C lia'dwin l.fn ft I"" Hull A Sum rt-. r,'i Kle. -tor liat.... Cij I'.) iiu Ap"-a',t pf. '' 71 ltl Co N A "' S K-vlon. T-l ... l.'Hj "i l..k- up Corp... t-v tv. l.cll v .n it . C Uli Val Tran.... ." la h Val Iran pf .r.-. I'. It II . ... i" I'l M. pt 1.V Plltla Co .' I'lllla Co pf.. .. " Phlla Co cum pf 1". l'hll.i K'lO . . .. ! Ptilla llap T t c Ptiiia Tt.i'.tioii.. ; ll-a'ln.- :. i, . ' I'll. "Il TTJ' tlOU u . . 4 . 4.-. iv. , t'rute.l np. v. ;.. v ., r, Warwick I .1 - . ' . I ' , t" '."'. . vv .1 A 4-ti ,r-- f'i . I''i '". " Wr4tmori-lai,. f' .v 6v . " INI1 I '. a 4ni (,.n r. . s , j : , "i llat l lit 44 i.'.i, in !..' Ii. , .- .i cm i. -v i ! . 4.V-I K.piil Ilium i; !'; 1-. ion ! v. .. Inii r"laie Krs ! v . ... I ., tt, a ,, . ..... 'tr, ."Mii Val Coal .iv. M.v, i'" rh V.vl 1Yan i. V V. r.oi Pa V Md MMd .'.'-. Iii'i l'lilla W A II 4.. i-.rtj 0-.L, ;f..' I'a Co con M -i yi i ' p.i co it !"ii. i"i'. H."J Plu'a Klec 4 ... ..', j I'liili Klic f 1AI 1-4 vi'"' I'mi-d itr inv ,i- :ti 1'4 ; I'..'. !'! 4. :ra l - S3 b; CHICAGO, Marth P Pri-e4 -,, ,iu,-, 't , i I to . poirits on a better vo'eme of l,i.n,.. Sltcntrli In New Yirrk 'ii tho st nun iat i n . taclor Seart-IUiebui U, Ilodli l'l.'.i prnli rm vim rii .iii Ship iHiniiiU'ii, liiamnnil M ;m i Illllinli Itrlek wsre Ihs Irniit fratuiei llond market uncliari-rd. Thn siinimary: 0,n lll.-h. Low. Cln. in.' ei, r-t. 1114 i a'alo in Am nad. ls. Am ship. . , 10 Am Ship pf... i" r !4i l&i 1'isli nf. 4 i Chso TAT. I Com Kdisoii I'- Un Mal.'i . ) initios Hrick. I,'l l.ln.la.ir I.l.-hl K Mont Want if i rarnnn Ill Peoples lias .V. Public Service. . 4 Quaker Otis pt. yi sear4.Koebuck 1 4 S'ewart tVarner. S 4 .Sslfl Co V Carbide . . 4., liters nf . .. 10 Iloofln- pf . 14" liv, si Jlivn Armour 4'. 4 . l'i City Itv r lii Cti-o Ht ,4 641 Com KaIIsoii fit. Iisn Mnrrl 4'. !-.' Slll .'4 . . I"'i ..IHW i'l ::- V,l, U.M.J i;i .'. 1"4lj IIONIIS 4"-, ii.1 I.e. 1H 4 I"1.J ill l;i' tT7 I'l rn. 14: ' n 4.1'. ,1, It 1 f. V llPil 114', k.'H ir.' imi, pui in i'l K'l'i 1(I5 if.n in r.'1' is."., 11 l"4ij bMl. "I'l J 'v M'"4 '4 SJ'. l'v 10;'. '.'! i'.l lt'1, V.l, too. I ', Ml, DIVIDEND DECLARATIONS. Coinp..ri nn.l Term. !,'l lloh" Ci.ii.m lilaleil Mine, uu'trtfrly llaiiitl M.m jf.i,'lurli:tf, liiartrrlv It.vrr-lt ManufacturliiB. ipurtcrly ... , 11(11 Telephone- of I'anad.i. illartt rtv . Arii'flc.m .Mrlc11lt11r.il Chemical, iiuartcrly.. AiuerU.ui AKrlcultiinil I'liemlcdl, quarterly . I'helpa, ISNife A 'o UU4rterly Phrlpv, Dodce A 'o , extra Lawyer- Title and Truat. uuartei y . . . , Stun.l.iid ."Screw, cxir.v. . Aiiierl'ni Iron .ind Htrel .Miniufaetur Ini, quarierly American llrni and St h 11 I Munufarlur Inn. iiiarterl Hprlnetl'1'1 Itallaay anil l.l-ht, quar terly Diilutli Kdlsnn I'.lec- trie. iii.irt':rly Untied (las Improve. nient, qii.iiterlv . .. Iledlsy liuld .MlntiK, qmrterlv Medley (jold Ml 11 1 11, extra Clllett, l'i'Hbn,l 4- o , quarterly Harris llro, quar terly l'rmmiu't, Ltd., quar- t.rly ...... I'euiniin'', Ltd., quar Illordan' "i'ulp aid Paper, quarterly .... ,-tk Ami. Pajabls le; Apr. :n pfd I54r' Apr. 1 com 1 'icj Apr. li i'l Apr. It com ITo Apr. li Pfd 1 Apr. H IS. to .Mar.3l 3.i1 Mar. 51 Pi". Apr, I pr. 1 ..Pis II'.' IK'I. t 4'l w II et THE BALTIMORE MARKET. r.ALTI.MOItK. M..r. Ii 9 Stuckt -re slsa.Lv movini; within a small ran;e The Cn-.eti i..in axaln liinilil.nl vlut little a,tivltr there sm Ponds cj. steady Tli- umniary Open lli.-b. Ivw. CI04 s.ue 1 hit c-t l.M nana Tut ht v ii.iiiu T'liv- iit n Cb.ilnief Oil... irt' Ch ilnien Oil tif : Con I'redlt. . .. ;. Conv Pnwrr n C0114 Poser pf v.i co.ieii 'J' l-.i-d-M O J. It., I IV) Co.ilen O 4 C, pf I", .": l'.iv ii4oii Cheni. r.M SD Klkhorn Pile' n Pi.lellly I Pep ,. ir,'! ' ' Ml Vernon Mills,. 1.1 Mmi Val Tr pf.. It. 4' Poole Kium 1J".' -!' limit' 1 1 '' j v. ' Sipulpa rl ... . I Tn ltr Klec. . i . -1 Waylaiid O A li V, 110 Mi .i Arundel s A t; pi; . l City Hall 44 W t.,111 f, 1 Cite II 44 'ill s I'm : 1 CH.v Halt n I'-l '"' Co.ll .1 Coke '.4 ,. VI r-KOClMI Power 44 . VI in..) (nii4 lias 4I4 .. , r..'V4 I' '' Kll.horn Corp i4.. !: I Klkhorn I'uel f4..(vi'.( .i Mil -lute 4 , . '.ni, i-ii Mrr .1 Mln Tr us in; i.'""i I'll II A K inc.. .. o.14 s.4i rn It A 1: Mr f i i',"4 tn I'n li A I', iv .... v4 P"4 I.'. 1 In; Ml 1114 1 ' 4 . fl4 I'll. I '. 1 I I . I ' j I . Pi I'. : vl., ', l 1": 10; '; IM 11.1 1 ,1 I'H I'll I'.l pm : -1 p.i vi J 1 I .'i . 1 !'J'. --. I'', '., t'T. I Hi V, , fin, l',l , 1 III1V, 1 : V. inj nr. m ii4 i-", vi, Ml, M 41 H THE PITTSBURG MARKET. UllT CI ' 111 I". 1-' IT com pfd IM'.i Apr. 1 com I 'i i Apr. 1 rfd 1i Apr. 1 Pfd IH-i Apr. 1 S". Apr. 16 3". Mar. SI :-i Mar. 31 Ji ll Apr. Pfd IV. Maj 1 Pfd met vuy 1 csm ! Ala) 11 pfd l"r. Mar. it 1. llllle Tie Cii'i ini 47V, 111 I, l ll)' r'U ry'j 1."' II !' "4 K'4 J". t '' PI ITsllt'P.f;, March ITl.-f 4iMei clisnuc. wlili itnllnx In 4111 a! I volume iltmueO I'iwii nun- sale ' ms el I'.', Am w n f! Marh 4. 1. .11 Ai 1 Win ll M pf 144 I'l I'm Conn Ice , I'M llillli a Walker.. l VI !' llnrli 4 Willier ifW.' 1'.' tnili t llri'wn f . i , 31, .Vi l.a Uelle 1 A s . V''. I, 1. 1 Li Uelle I A- pf 1:1 1..1 1' Mir. I.i-ni h lit .'', .1 , N il I'm i "", li-i N.ii Pinptk if j) '. ", bi Oil,,' I ,i I Oil. 1; , l.4i lilts 4'ual . .. ;44, ; ,1 '11 tltt-. Cfl.il il 1,1-. i ., ."I'l Pure Oil .i, iv , . ' Wiilrs Mr Hi .isvi, i:;.i, IIONIIS t'.'" ' Cent IITAT..I0'', ji';i', p.'i j, ij ,).'i Itidpi Hicaluw I.. .0 f,n frfi tV'l Pills Coil ilib 5. 1; fj v: ;n 1. 1 vi- Miii'k .llnrki't, Tlll'ltfUW. Mar, li n. lie. i i)ils of ,ev,'4 ccrr Lulu heal, maun) i'nn, sued ilirert to sl.iuahlerci s There was no tradliiK of Impiii t.in. in live iHille The fcelliin waa sieiuy fur ill oru und Hrndrs Dr.'ncl i.eef wm In fi.lr ilom.iinl and nnn nt llmH';, i,r tKiillid fur city ilrtne, 1 ,tlv. ele llecelpte of c.'llvea were OOU le.i, In. I'lii'lliiK for Hie nmriiei Veal wsre active nnl tli 111. l.irnMnl calves nnl venr. llnus tiomluil. i 'm Tii4.ii in prime veala .1.I1I ut L'nifKI I'H M'i lbs, f,, ,,i.e, n 1'.'f7r,e lres..e, ,iiHi-' In f'i'r .l-,iiiiii. and llrni. Cily drev.eil v rule r.,:,! i u ,t isi-i ; a lew nt ;nc. , cuiinirv lreicp,l at l.'vil 10 tic lteeelis of ttrep llrni lilll' ivers 1,375 hrild and with til" Mnlo nnvk Ihele were .1 cars I'll wile. Mieep wern li 'lilllili! lull feellne 4lenlyi IsmlM lielil up I,, ,.nev dli's pl'lcer ulnl mii.lltilii In '.ilrl cood slink old al )llilll..u per I uu ,1... , ,, 1111I011I of cllpp-il IiniIik ni 1'ii;'i. Ilre.ned foitiiin w:is tit'.mv nl l'iiilc', drc'.eil rube -it IjiiIV t . cnmiiry ilreeei.l hoih"ui'C I nub. icier nt j.;i v.(,u ier lart'jve Hi'i'-ll'le of hou wer "'.'III bMi itn, ubinit a 1 at mail was for the market. Prina vviis 1S1I.UI-. lilt be, Llkltt lo Iiiiivv bi.K4 sold at t.S.Ul tli.Ht, tier 10A .; ninths al 11,75; .l tfa. nt U.75, Ctualry dr eased boi firmer at if I.e. WHITE OAKS (TUNGSTEN) The Crucible Steel Co. of America has contracted with us for approxi mately half a million dollars worth of TUNGSTEN concentrates from our mines. Tungsten is essential in "high-speed steel" in motor bearings, in armor plate, and especially in metal cutting machinery, dies and stamps, as well as in tungsten electric lights. Automobiles and motor trucks in this country alone now consume more than the total yearly production of tungsten in the United States in several previous years. This is a permanent business. This company produces 60 tungsten concen trates, the value of which in the open market is from $3,600 to S4.500 per ton. The margin of profit is bigger than in any other branch of the mining business. Brokerage Houses Execute Orders in This Stock which is Actively Traded in on the New York Curb. Fuller particulars on request. WHITE OAKS MINES CONSOL'D, INC. 500 FIFTH AVE., N. Y. Telephone, Bryant 6257 UNITED LIGHT & RAILWAYS CO. Dmnpott. Grind Ripii Chicajo. PREFERRED STOCK DIVIDEND NO. The Hoard of Dlfectnrs ti ivs declared a dlvlilenJ of fine itn.t ttne.lti.lr re r..L ' (!-?; on tbe Plrst Preferred Sto'r.V, par ab.e iu cf the eurplU4 earnings on Apr4 1. IMf, f stocl.hal lers of record at th .c.oe ot business is M. March 11, Hit, toi lc trnnrfer bonks .iU reopen for tranw ' fer e.f mo It r-rttflcatei at the openlni 4 bus.nrf., Muiiil.) iii.rnlrix. March JO, 1914. I . II uunki:. March 1 ': tWrctary. United Shoe Machinery Corporation T.i I lire iM nf th', nrpor n ln hr t-0.ilt- . i u -r' tV I- ii i nf Ji -ioi h .t n! j tfvitit! -I if 2' p. r h'ire un tli i otmri u npttn nock it'i pet4bl .yr tt. ' t 4 .0uiit,Ta f r trl al '! ( ' . M i- !. ' J: The American Agricultural Chemical Company . w Yrtft. Mer")l . ll-K A W-'t-UTMlt. 1IIIKNU . ONiT I ami i-Mi-ii-vi! run n.: : .. .j i-r- 1 1 tn i .i. iv i k in i.i k- .) i 1 1 una u nttur-fr'T I ' ml of nNi: f'i'll OKN'T n in- ' im- i s k No. ! tin . .p 1 .) i rr,' l t Mom!.! - M 'i :,fl. '! t U-l'lfr Oil ruis on itrii riiw-n iii.m- tir lltjai . gf Iirf ittj- im iiml it ri. ,r i'i,irtn', f . n f , u n ' i . m. l , i upvin (h i'r-l-r-t- I I i' I on- -Ir J j, r i-rnt M'i i ,u-ii il. t' -iiiuioii iptit Mo, k vt .' t P . 13 it Ai. . tH, to to kli'Mr-- nf r-i or.l Ml thr i .Cfi of lui In. -n' v i.i vv!!' Ir niAllM liv fh Iitnn 1 .in at 1 7 ."' -tiuiM-.), rrnfin ft .c-'ii-, .. Te: ?.' !'ittiu Mre-v. Ntr Vork l t j i frtmiai.ftlflrri no lian tp4 Hi tl lit I: oMn . V !loU:nTV'i S-rretary Vw Vor, 1 lir ..ifV ."'111. llti iNrmuMT.Av on, (omi'Wv. , i .'t . nr it Tl'. I in! ut 1'irji tori h.f. thi dm, 1 .if-n1 ti'j ii'-. i' .iV iv Jru nf rhff en(1 i nit li t I 1 . r i . - i ,M thf r.ri.1 pr fir i . 'v. iiatu. rr i-' ivu t Minnt- . f rrtml Minii .ith. 1 1 t, i.l.o W 5 HI M , , crtrttr, sw vik. .M.;rui cm. .'-iif NEW WABASH-PITTSBURG SUIT. Iliindhnliter I'lulita Prnpnterl Plan fnr llriirKMtilsiitlun. ,Ts.e)) T Hrer n, bolder f t". 000 nf the Imnil" of Un- W.ibai.ti-I'lttstiiirir Terminal It.iihviiy Comp.iny, hpumht suit In tli" eijulty Sirancli of the fritted St.itei rilstnot Cciurt ye-t.-rilny to pre vent tl.e cnriylni: nut of the priipn.-ed pl.iu 1' vvlilch Kin railway company Is t,i ! rerTv.inlzi il. Hrer.an tuiya tint tlie pl. ill li ls been iippnivcil by utilj nrie-lialf of the liondlfnlderH. und that If It Is carried viut the rcnrcanUatlon ciiinmltt.'e will tu vlolntltur lln iinreement to pn. tei-t all uf th" lintKlliolders. The iletciiilantu In the suit ur the imnihi'is uf the committee Tby .ire .1 unci N Wiillace, jiresident of the Vn : .il Trust I'nniiuny . Haley Plske, I1.it r I . runner, JurdMi AWhiIL Ulctiard Kutro and the Cintr.il Trust Company, which wan ih'-tBU'iteil us the depository of the luitiils. iimlcr the rcoru,itil7atlon plan. Iiremui mi.4 that the propwrd rcoruanl z.itlun will Injuro those bondholders who cannot ulToril to pay lh reiulrel as sisrment on the liituls Tim plan. mvorilliiK to lttenan, pro vIiIcm for the payment of J5.000.00U ot the cish icipilred by an iiiiijervvrltliiir synitleate, which in turn is to receive a .'On.ouil cash ci)iniiii"'.Uin, to he paid by tl e boinlliolderi- Thn Wah.isli-I'ltli liiirn Tcrinlrtal Itall wiv Company wan thrown In the hnnd.n nl recelvcni In May. IV'lv Sul iiientlv the inortKiice nccurinir Us 5."iI'.uimi, ImiIiiI Isstio w.i.1 l'orccloi.c.1 atul th ' col laleral nwiirltlm win- oiiicuil i-old. No action, Ilrenan ki.vh, han bcin taUmi since that tlmo to ivn-ry out tli terms of the forclo-llin lie 'li e. CUSTOMS DECISIONS. IlKTKh Nl'Ts In .i i.elion ovtnwl"ii a nrnirM t W Mellon A Tit of CluntifM It,,. TWitl n( GiMifiiil Aipr-.irit hrl yvwr tint tint milt wrr iirnMly n-He-i.l Inr tluly It Ur rutlonn otliriul t thu r.U nl i rtit (it pmiiitl unti-r lh prmlitnn in nariiEnii'h IM. taiift at o( ipi:i, for ' nun "( nil ktiult, tnUrtl nr unnhfUH, not t'ikHv ITDVlilfl fr" The Mintorlr-iH iMntfmtvtl dr Irtp entry nii'l-r i-ariisrapU s. a- , crv ilruif or liiiliablr umitT p:ira r.iph :;. . .111 un nunifr.it'l tiienututturf-tl nrttvW 1KT.K TUIMMKIIS Tli P.irl "f 1'nile.i MMifh tiiMTtl AiM'iainr UrU erif"U; tli it ; Hit- iriiiin-fr. rm..iijr Vair ami Ui t , .lifiri iMii".Hfil of inH.il. lutiinrl'.! hy YA 4nl 7lnn, uirri'tly a (nr li'v m tht rail- or :h it -tut ti v.itoinu tinier le.trafcerbpli U'-i Hi" t inlf v vt r-'3 . ft'in, Thn ii,imiiu llv.lr., .1 nimu ; nj thr tmii'Tlct Inr thr (r"i rntr nf tltri-1 artM-M nnrf inruir.iih 3 0 .t aiTl"uHHr.il lnill-mfnl-. .)u.2(- l ifhT wnlr Hut ili rf-'onl In thl vA"i 1i imt uffiaMlv r,tb lull itial ttifft aillcJ-i eu srUultural tm. P.iiiin,t the iMfdmii; of fararrafh 1 I.INnCKI Oil. V ivor Unlit & tn won yf IfiiUy 1m foif tli Ho t til if titr.U Ap:lrJtrr n ai ( t'(H.i-t iiritriitirv in4itvin; 111" dull .hie r'a li .Jttnii, umtpr llm tarin .1' t if Ml nf iirftt tn .tni( jrnthi- ptu uti in botti-" nl lt than : (.'miut irn irli. Thl li'Ti (rihi.'T 1 tie( t ili- t'niiri'tnr fi-iniill iMiliMHitl. p:h Utt, -ttl illll it' th nili' of 1 ! r t'nt .tttirrirj n ruler para ir.tili IT Tin I'-Mfl tm-!- tliil tin iiiir-.1 tn Imtilil I ;it tifiv .i-'M--..! .it tlif late u( l tvni pr ijl.nn uniir pirncrnph i- unl ihui tUp 11 riu-! ho'iM Ii.hp lrn Iniftl tit tli .i'it -tl'l i-i'i" in iair;uri)U 'll. tuutrt! 14 nuM.iHiC4 a- niilin;y KMIiKOIIKKKI IIOMKKV -n l.ojr.l of Gi tif-r.il AjiiiLaiiT t.irMltl . t itl.i) prn I'V nf l.mtl A ''.. I.ir .till H AH lit. 'til St i"o fnr t low rit nl tut oil r intrntilt-rrl rnitnn to-kins Utily v.ti Ifvint nn thr ti-1. lint" .11 llie r.itr- nf rr Tiit al talnffni UiiilT i naer.iili . V, lur If n t (( l.M l. h r-111 brnuVrfil r-irit; .iM'.ird N whlt-vr tun Utwiwii Tin- invortf-i t laun'-l U r-.tlm h" tlntiililr .! ll.r rit" of v vr nt iu 1 Itirt'-n iinilrr pira-,i:itl, or at pir ti .i I v tl-' ni iniii'M 1 .ii .if .tiiji .J iiU' ('! rf-ultr Hi" Ixi.iril'o npituon hniilui that t ) in Ui 11:4 Aff intipfilv j.-i-mm tn tpitv at thr '.) p'i irttl uil t.orftn .lt Kl'-SHU.n KN-VMKl.- KinnKl liuwur tln .ilM'' tLimi1 ii c - i-f a tt.'Milr- vTiM'-'' aiitv Iniportttl in Hnn tlati'ifil m vi rlou! tnlnritl t"tk- lilrtt in ti u 1 flnrU tuiutlrrfil. m.irl with "ivatfr In a pni opplird ta tl.r m-l!tl aril' Ip tn Im PiLiiullrii, itnl llit'ti (irt'-l ti) lfjln-f lirjt. tticffby litifi. II In tl ir surfiri- nt tlif inr-t.il. jp nriiini t n tUiisinh irhilf'ril )ptfrU by th Ita.tfil nt (iMmr.il Vpitr.it'"' piopTly itntlrhln tmih para-fr.ipli f lb' t;inlf nt pn ;.l Hi- cnim nl ti "nt ii'1 tak.rfm a 1 n.ii-t-Piutiirl ami mil uiIrr thr prim-MOti Inr ,1 I ifivii'i 4ti sla fiii-ft situ-, I'fuin.e-H an1 i . l.ir f 1 . . J I 1 : 1 v j.t-1 ft- ti Hi" i.ite i'l K ptr 1 nn .10 ... Iotmh In ptr.ur iph 13 'I hi tpft in w.. t'mui'tf lMnr thr boitnl hv th ruthim in. flint nl I 1 nn A Wrmplc in thr rumn 01 tn I 11 I'rtry ('ninp.iiiv Jai" .lit nil Tci dufii Ihr hmrtl'-t oplniim os.iin-t i'i" 1 . n nf Ihr prnli't-ttinl fnr thr hirr land l.i ll 1 m iirnb.thlf that tin iiur wri ) rariinl lo th? I'lutr-l SUtei Court of rumm AppfiU H 1 In atlculon nf it u-r- t to th" 1 k frvli lh- Ilfiii.l nt 1'nUM Mai m-i r i! .VliprTifitH lf.il i-i-rtif Hut nip rt' I inn Htl tap-tr lirw-) ma ovrn ( tin 11: Ir iici hr nf frt'in I lo ( in il ili il.. n Mprtirtimn uf rich ruif tinn null i'--.l hv ,i l.rpk in th- nr.nf nf thr ptlf .n- nn' . irpt nr t-.up-ti'K vsulnti the nifinit.; nf t.i inrffinr- 'f Pir.n.itpli ".1 ol thr ur V ..! U in Th- hn.U'i (IihN thai h niv .1 i h''r " wvin "nl lat'lnn Impotiaiuin .r 1 t ttt pi rttt P' ' Iv ittmr itt thr hpr-. nn 'ati"'1 hy (ni lirmlt m the vaw nt Idr p.t 1" liPinnrl or 1 rifit ! nmp-ti'l ru.s ;ui . Mih uh' t-uhp" t In 1 ill .! H n'f nl ,a prr rut al v.ilm i. imhIt PHt.ruti of On pti--pni t.trifi taw Tii t. m, TuU'n a priMr-t of I If 1 y I E n 1 1 -i , -itn 1.1 th t'l) I h" ilitprtii pi-iti(.tf ,,,!,((. thr jiM' tr-,il Ol (I ''v hv th. I mV im ,f iit .-'i pti 'i'ti 1 n.1 tainrfm r-itp tinl i,uni'ti HMt Hi' IAS llOlll.l hall I' 1'PM I l 1 ! rvinw' 1 t'er MtrMily nr hi . 'i t- - f par. feit1 .A .il tli rati" nr itK ti.lii'.thiH ii t-'inlh or r:u pliii." in iMi.tit.iit- it or 1; of thr t.itlff ml. nanirlj 4t 1 i4r 1 1 h( valnrrm nmhr p'li.istuph '1 . t .11 ; m ivtit nl alnrrrii uh-Ut p.irutrai'li :; Tlir vuilvui. Uft rknii of Tliadifui S li arret MH'lll I'Olt IO UKO M(il 0'VT. r-ru44- . IIt. Tin; no.ni nr imihitok.-i iiavv THIS ilt hi-rti liu.trtrr'v Dlvt'l.ttii of nn l'li'f'-rrr.j mh k nd . nn Commr. -.tttpk paHiiv un A itr 1, is, to mock ho.Orrx ' nv r I Mai .1 1 ' 13 . 1. A JMU..N ;ll.v .sVrr.trtry iji.r:fTiu- ami ai r i: i in;h. to tiii: iioi.Dt.icH or imstis or nir uto tri;i. -oiinv. iHsrr.h im; I HtsT MtitTt.r.K or N VIII HIMI'WV HMIti .iri.Y I. tUU.I, Ml li N(K Kit ItMl KKIl IIIUST riiMrw . tiii ti:;i ltr.r I s ' r 11 nl miir'KMut that a mtt Int nf iMinHiii.i tirri i ti- rrh utmnonpil t bv hrl'l 'tl ir tilTH r 11 r th- 11u)ralKn(l Tr i 1 ni' ot t pll Knti'lirrPockr I ri.' ii)imi Nj i0 tirojiliviiy, Horourfh nf MntM'ttn ,N vrW 1'itj on th t4tn di iif Mnirh, l'Jlt ul tlir hour nf 11 t'tOra A M. of rat i ur. tor th puriKu tf hi pruv itn; un ''a.-' "- I-p' n h f4ft!npnv .iii.l th- T 'il I rli.tf ft iJrltiiK t aI1 -tinrtii iif m. th rnnr guff "ul';' 1 In ri. j lo pro tlr ft r t - ' j 'i.M'fro-n bv th TrtiNi- ot ripln i't in tit w'iJc'i II ..I'-pl'ri '-',- P't' - ,f rt pTpCI ihf '. A't.n f IP Mi 'h ('om tun 7 mil! th 1 ui'f ff Utrii.i eoured bi p.t'l 'ii' -t tr- Int-fl .iw Vrtfli ff i-ip 1S 1t. I Ul.l Mill lltl "-1 t IMII'VNV, ,lll i'l -l 1 ' . rr liv r,fnitriv t UAUM. Tr ' cer M--.Oll.l, K.VN - A I I - It JI.H AV .m 1 . 1 1 1 : TaMi'in. K'.t.a. 1 - - -1 1 1 IMI Th 1 a ilar aiitti-il m'" . : rt nvck lin'itp. 1 f inr ttti'- i.ani- 'ii.ptny tn Uir r .,' H nf lir r '. i furnil' w 11 h 1 "h.ip'rr l '.?, 1 .4 v 1 o h .ti i-,tM t S" ' hli'l ' if X l MI'Mlt ' .tip nf 1 li'ti nt'tri piiftlnr. h- 11, .it. ..it.-- I. f rf it i- t! ' 'i ft (- l T iM' lltj. M , l i ,, it M I fi,- K- 1 -.r i1 it lt f il In It I ir ,' 1. IMf. l l.v. Iw ' ''I'm .h r tli- ,i ( tMl -t- f ..'., p , br HI IH.ttP'l It th? IllPr' I If t t f ' 'ti- ti 1 1 r.A t'fi , .v ,, i 1 it H- r Civ ' ll" ! -, U ' l 1 ' l t t' tth -It t ' .M' 'I mi ' ' - s tH it ' . ' "h v 1 1 . I fr 1 11 af 1 ti -i t u h 1 1 1 ') mm ii.ji "f Ap-:l .' : It af . 1 I" UK 'UVll , -. rp(r NK.W MMtK MOItldM'i: M 1(1 TV i mii'A v T' - V ' .tt 1 1 ti ' r t si . kVioVn .1' t ), vlM' V'llUv Mi il P . Wti SI, fl'I.ITV i'iU'IMM, ' ' t If it n Jllf. . 'nt en! Ii .1 ' I h MAll 1 iw f. r ' 1 nv. .rn,' v p U .,i .1. ,,-H, .f ' tin t . 1 . V ' 1 r r.io 1 - .' "t 1 1 1 I)!,lM , V . I ... 'I'i " 1 'I M T . ' . '- ' ' "ip " ! M . -I .1.) ll '.il ft IP M , v.H'1 ! 'Ii-t I ' 1. - It ' " " " A l It. ) -I. S A "'Ii, I 'mi' ' I MIU I- If IV, 1 I I I ! ef.t rtti,r Mfiip' d'f'fp t-iiatit I t i- r 'H In i'oupI T tit . f r-ii 1 h 41 tht 1 . th" I r -itt I'our 1 I'i.' iippontret' ipnl f ' ntit'i; ntM't'Ort n h n 1- t)p il Om i t in riii nt t p Jr. - i nt.ii i 'ii imi, I' V it r. u1 (i I l I'l !) fi l I ti I ' 1 tt- ill fj 1 ft V 'i t -f "n:; to -ni r 1 ti o ot rarpu tin, 4,h"h iiirou' ihrm 'in.tpr ih t 1 11 11 it 1 11 1 1 ir iMrirlf , ivat ,,'iM - i "ni niv r p:iTarrir-. " a nn, mil n t li,ctuil. Balm, AubW ,on iuJ Axmluitcr ...(.r. to' t..l t.' lint I 'i 1 al , .1 11 "II' I 'tiiti .1 li- . nr i' ' 1 nj t''i 10 1 11 o.. " hv ,hi litow'i 1 ti. -n I i n- .1 ti 1 t i i tr h . ti.l 1 i. 1' ' 'rtv 1 1 1 1 1 ) I tf t r v fi.. $:4 9 ! t. ..( t'iv'.?.-'yJ, v..