The sun. [volume] (New York [N.Y.]) 1833-1916, May 18, 1916, Image 13

Search America's historic newspaper pages from 1770-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'The sun. [volume] (New York [N.Y.]) 1833-1916, May 18, 1916, Page 13, Image 13',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83030272/1916-05-18/ed-1/seq-13.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83030272/1916-05-18/ed-1/seq-13.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83030272/1916-05-18/ed-1/seq-13/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83030272/1916-05-18/ed-1/seq-13/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

The sun. [volume], May 18, 1916, Page 13, Image 13
About The sun. [volume] (New York [N.Y.]) 1833-1916

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

Image: of 16.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (4.2 MB)

The sun. [volume] (New York [N.Y.]), 18 May 1916. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030272/1916-05-18/ed-1/seq-13/>

Newspaper Page Text

'1
THE SUN, THURSDAY, MAY 18, 1916.
n
i . -;.;ri.-,-,.a, f '. H'ii; )'
BETTER UNDERTONE
- IN COTTON MARKET
JTeav.t P.iij fnjr b.v fjcndiiijr Spot
IhIimt.h.s StHi'ts rpvtitnl
Movement.
GOOli WKAT1IKU KKPOItT
.'nder 111 leadership of Hip most liu-
.riant spot IMpf-Ms cotton hIiiiwciI n
rurKM dogep of f.lr-imtti yestenlay and
on fairly cllc. trading mad a net ad-
tjnc i'f n n " l"l'its. Hilling wan
rot general, Iml ll wan nf excellent
eiiaraclei ai'il nfler milling aliout un-
.-,..iti(CeI prlies wcio rurliril upward
varly -'I point. .tiiilglni; from ti com-
sent on thi flour tlio t minus nf peace
ffforlatioti 1 1 I mudl In iln with the
tr i!li.h aclnlly
Llierpool. "Mill t nnr (Imp una
,ul ( line with Tiicr-dat's weak clos-
I, ; in Hip Nw York market, advanced
irplv 'rom ! I" ' point". Tlio spot
I, interf-dr referred to were particularly
ft'ttj l"l)' 'r? "i tn'i iiioiiuip ref2-
' V ... ...
!t'initj,h in" summary ni hip weekly
seather repnr'. Iseued fiom Washington
n nion. rp.nl iiiIIp inMiraht)- tin- ie
t. !. bv States Indicated t hat conditions
ner large area., especially In Hip Cist
ern Ml, were nol altogether satisfactory
n,l lliat trie tirogrvfcn of tho rn.u li.nl
Wn omewhat rllfuppoltitinir- It I" only
fal- to !hIp that (HP nrougnty rondl
ilnns noted In tli report Iirvp been
lirrely corrected by thp heavy raltm
thst have fallen since Sunday oer Ihr
e'ltlrc eastern belt, with the exception
ff portions of Georgia.
trot new 'rnni hip roiii rurnines
" new fPitiiP". Mvprpoul m RHlil to
' t hutng, but Nnrlliprn iiillli pro
rr'lully nltlnlranlni; flom lh trur
Vt Offfrlncs, hnpvpr, rp not Inrrra-
'rt, u Hooks in tup outii iiro mm
rhrins lh aftrrnoon tho mark was
Ti.t but Mnly. OpcraUirs appear to
mprftfd by t lie. recurring hints that
fito liriollaiiotia at" impeiiiunir, ann
vrf It no doubt a srowlnc fppllnj that
iv wr will not last through another
sir.ur Lconoiulr vrihsurr on Germany
farther pvldenpp! by tlm faot that Hip
(r:nn i.Wprnmeiit Ikis placed a maxU
r . n limit on cotton at It a pound.
np nmrhei i-iosefi kiruay
Ora llih tow t'lo Ptpt,
Int et t Itii .lo
y,. '-( i:silSl tr. Bid Ultll
!-!) ?) u n i:. isvTtiijot K.-nrti:.
"lOT HOI 13 01 n.tSltll U.Olr'J.ftl
r.mt'r ii .'i u 3i 13 1' is rwtn.31 w i;ij n
iMws 13 3; iln i:ioi.i.a is.::'j.ri
Vi:- :i ' WIT IS 17.JW.tt J5.K6I559
Tflooil pjirhft lor not potion wm qult.
" t'c1 adrsnp' mldiUlnr IS IV. oulh'rn
ppt tn:k'lt n oitiriillr rponed pr inn
liufl to U point !ilhrr, New Orlani.
'" r,ilTfton. IJlf".; S.Timh. i;e.j
Vfmu. is.' : Auruu. i:.3o . Houmoti,
J""
! b' Orlftnt mnrket ploned iteadf.
Oin Hlrh-Loi. Clo- Ptpt
In ft 't Inr poe.
jfiT . ; i:2 i:u I5.s:it:t Bid
H'.t " t: t: t i: !ia u r. i? iwi: m
MoVr i:t w i:.3 i:.t3ai:.M
r.Tmpr i:?i 13.1.11,0 ii.9rai: w
fiauirr . 13 OT 13.11 1J) J3.Udl3.lS U.OSBUOi
Tie Uierpool market oiwned aleadr. There
1 innl demand bu'mest In tot putlon
lh middl.r unorianted st t.W.t balee. li
tfipl. biles. tiK'luililif J.
Aaitrteaa Cloid very teily.
Opell- lllli- Low.
Clei- Pter
1nc Hop.
r "7
V73 15
;. ; vi
T.SSV, 7.7 J',
7.t:'t 7.7S
Inr et
t.
yit Jane
'' Kmi. .
0.1 .Nor
St j Feb
iiii April
.:i
1 M
s it .n
5 m
t T.H
7 i T.siii
7.:t
7.TI
TL II A M bid to Urerpnol were; Julr,
Oclobr I3 10e.: Jamurr, 15.SJ: Marph.
UIJ.' The market there a due to open
(r.Iir ; to 1.0111U adTn..
fort rf.r.plt ant aloiku:
Re- T-iat
pflnt. ner.
1 j it
Tear
r... 11
.si.v.s
Stoek".
7V4 5I
:.-.i
7i.s;
131
m ;.v.
i.D:a
..1. r..m
1.113 MM
vt ori ir
1
: n:
111
1.ITJ
7i
7.t
!.?
1"T.:?I
d.OTO
M .
SI.911
Ial
vear
ll.;i;
177.373
IS.SH
ri,iw
l.nt
.'
70s
r,,ir!,on
w ni'.iiton .
leitnor relpu and atorki
Re. t.art
oflpia. jear.
lit 7
7 ins 111
1.II-. l.M-t
kittmaleit port
rnlnl ln.iT
Stot-ka.
lo'.lti
I17.V.T
1V191
R.102
l.ut
neelt
s.s.n
A"nii
I U'lll
Heunon
ll'tftton 3.VO to 1 :m
Orle.a .70)i to .3no
7.7'Jo
Kirorti Tterdar nerp 1 o balra
Total
't';i lit thli Miaon. .73,1 bale. Total lat
"3. T.''.MT
THE SUGAR MARKET.
Vaaler Undertone for ttanri rtrfliipd
and Pntnm Qnlot.
TV exlr tale resorted in the market for
k fl nrar Teaterday were 1 baja of
crou rtnner mu pnoa waa earn to be
Jia. to about !Si'. for Cubaa coat auaT
Mc coat and freight It waa thoutht that
aoaa jatered Iota mUM be, aecurad at
"nc Oa the whole the. undertone of the
vket waa a little eaaltr and the trade waa
U aomewhat nmiled orer the Indifference
reanera
Ttt market for refined aurar waa quiet.
li Ihr 1 nMW Imaln... .. .
..7 Wre ,4lr wlttiflrawala on old eontracta
. pntw were nrm ana uncnanjeo: at 7.53
tft VS fAF An, .1.41
it ai maritt lor auar rutnrea tnere waa
T.: qa, trade, total aalea amountlnr to
tona. and after a moderalo adranvn
T. rrlra d'Teloned an eaalrr tone and
i?"1 it 1 to 4 poliita net lower IVIcen
ie, e w
Opn.lllrh.IOw. Cloa- free
Inr eat. eat in? Ime
7 ... nm ts 1 a
.. . .!!( 4 j i
:"' t (M lis nt.isn r, i'j
jorafl , , r,4j k 41 1147 ms mm r rji
'"tob a (; 11 r. n
ember 1 nns SI f. 37
h DDI D'DIO.J l I
' esritrr 1 ir.ij 11 1 i?
v..!"7 4 IT
tar.n , tm , At
n 4 47tf4 M 4 4)
RAILROAD EARNINGS.
. 11. Chantaa.
V,k My ItT.Jir. Inc. US.tSJ
"a July 1 :,51m:j Inc 3IS.91J
Fl'iftK Ro-hter and 1'lttaburil
t '"d ".ic May tSSS.Md Inc. Ml, 471
-- Jir 1 . 10,333,553 inc. I.014.S3U
a.. V ' ,.",'.,najiu urn i,ouiaMlii:
:o.i ,.&. .... .
' JUr I.. . ,CS1,TM Inc. !MI,M
PAlVBrnLLB AND h'ABTEHN.
Tha n.'nd, I'alnenllle and Knatern
a.roaj Company reporta for Moreli:
0'aa oarnlnfa , I3J.CS Inc.
s' earilnia, i:,4K uc 770
'm January t to Mr.'h S:
rem arnlnra. . g3,3Mlne. tl0.4
"I rnlnr 34,617 Ine 1,841
i.VTnnnoHoudii,
The !ntrhoroua-h rtapld Tranall Com
Prll and th ten inonthi
,JJ'd April Si) lint
n,. . "!;
a... .'"ii.j- .. ,.-,.i.! j.j mo aaii.zto
irtin, I .(In I..,. ia .u
Of ?7r pee .
''nrro alnv
l?,31,71 Ine
l.Wi.nn Ine.
ain.Sie In,'.
13,:0 In"
I17,TS
170,073
i.v:so
'T.rvHia
li'.S.lOO Inn, H7.4JI
Pi...
"1" fv.nne 79.T0:,743 Inc M,3.71S
vfr e2pma .. n.r.ri:, inc ?i 119?
rrnue. .
''.Omo
tit, 097,4(1 I nc tl. 035.1HS
lMK.n: Inn. II(1,T3I
a.c:,s7: inc. 130,111
A .
17,194, Ml Inc.
ISI.05J Ine
isnri.m
tr,i,or,s
' -i"r.
npo K1iy
rji ij
ti ME 44 Ine. Mto.tOl
nos N 1 s ami MATNK
"''"ii l Main,, luilmad Coin.
i'rn foi ihe riuarlar end'd March
Wry
1911. (Thanaeav
"venue . JI3,r,:,J5l Ino. l.lll.HT
n't . 3.3T1.H73 InP. 1.11. Ml
. . Il3,e pre. iie.lll
THE BOSTON MARKET.
BOSTON. May IT.-The, mltilnr tloclta were
under preMiire to day and prlc elelded under
liicreaeed orterliiaa. American Zinc and llutli!
Huperlor were i-omplcuounly ek tratuife
llonin rail ere firm United Krult enld from
113 to l.i'4. Lere It ilot.r.1 Allaiillc. Hull
and Wel Indie w.i. papp. ,ini al t.",
fnllpd Hho Maihltiery ai llrm al (.', Ho
I riif .it 113 TIip aiimniaiy.
MINIMI
Open. Huh liw fln
half ., , I lit. est eat liu
IM Alimrek imi, i Kp
I'll Alaaka Oold K n 331, s:H
T.S0 Atsolilali ., ;il ,;i;, h)
4".M Amer Zhv 51 ), kij M,
!0 Amer Zinc pf 73 7; fj 77
470 Ariinna Com! US at, !i 9U
mo liulle Hal 3 .1 :, :
IkM nulla Sill 95 !0I 93 93'i
Ml Calumet a Arte... Tl'i 744 TI 74
P Calumet A Herla..SS
Centennial j j 17 t;
I.V..T Lnpppr Itaiifd Mtt 4i4 CT (.m
T'O K.m Ilulle 13 I3it 13 13
10 Franklin . i
1 ilreene Cananea. 11 41 4 11
I110 llilaiiajualo ,y, ,y, ,.r,
l.i llamixk IIU U 141. 1411
Ifi Indiana 31 3. 31, "li
W) l-Uii.l Cieek M M (,t 1 -,
MS tele lint ale i jut i
-V. Kerr Lake r. r. r. r,
l.vi KeweeiM iju i;ii i;i, i;t.
'''' l!' II', IT1 IT',
7, l.a Matte 41. i, ,i. 41:
Va-on Valley 31J 31! 31!
T J!; C," n'
3., Mnli.iwk JT J? 07 i;
.1 N'pw Arcadian. .. 71. ;i ?! tu
I New l.lria 131, in, w, Vt
31 Nliainr 7 T4 T, ",
North llutta sr., Ms u
rwi ONI Colony. 3 2 2v 31.
."1 (Uivnta ye, yt
..i I'hiiiI Creek ist, i .i, i, i,
I Oulnoy ., ,71. ,711 i. n,,i
IT-, vuita Ke zu :J s
Li'.', Miainniii 9?, .1 41, .1
fi -oillh Lake 71, ?u ;.. 711
Ho oulh l.ak rle .. 3 e; e! ni
t'i Niuih I'taii x-, r, 3.,
" t Mar a If. 71,4 7 WH
Im StiKnor Ai tln ... si, r.j,
S3 superior Copper.. I u, 4 n,
M Tamra-k M ,-,4 u u
') Trinity 71, Tt4 , 7 ;
w Tunlliinne M ,M ' H 44
M; 1' S xni.ller T'i TT'i 71'. M'i
:ia J 'tali Aie 4', 4', 4.
4.10 lliah Copper nu 90i 7i. a.i
I7l I'lah Metal v, !i! vj
in Vieir.rU ;m 31, ji,
"'l'"", 4S 4', I-, C,
70 Wolrerlne IV, H', 57 ,71,
RAIUIOAUS.
" llolon Kleraled.. 74 71 71 71
M loton & Lowell US', IJ.-,!, u, jv.
?IJ lioloti 4 Maine.. ;o ,V)i, ,vi fi
Ma.a KIp. s
717 Maee Klec Df 31 S5 31 3..',
! New llaren ... ) t,l A ttu.,
MlSCKMMNKOt:?
W Am Acr pf im, sri jm, nt,
37 Amokeaj 70i Ji , 71
la Am llieu Sec.,.. j. ;. .
1M Am I'neii Cvc pf. is is ir, .
70 Am Siitrar li;i, ll.i, njt, tin,
4. tu.ar-P' "I ":' "; :"
Am TAT i:m4 i:v, ; 1.1,
193 Am Woolen pf,,.. !4 i, j
11Tj A ll A V I li, 4I4 43S 41S
ar. A 1 A W I pf.. l; M M4, s..
170 Culian Cement... Il'4 IP, ll ll
.1 Kdnon .731 731 731 731
! lien Kle,; 170 ?0 ,n t;i
77 Man ilaa 41 4.11, .itt
7SMcKIaln pf ?t, 90 ',
loo Mexp'an Tel. ... 1 I t 1
3 Mim River Power. 14 t,L tij
IS N E T1 1I7V, 137'. 133 13:
M Pullman H", 1ft in, 1
llt I3a, 13714 is; l.v,
14', Tornnrtnn US U', M M'
US United fruit IS! HZ ir.' ISi',
2110 t'nlted Shoe I3S .1'4 : 3
r V X Steel !', 44', 41 l
.. 1' S bteel pf 116', 114', 114', 11m,
tiw Ventura Oil J4 y, j,
BONDS.
tXAW Antlo Franch U.. 964, 94,
t A rt 4 W I 9. .. l 4, MS SI
H 0 P. J. Q Jt 4a. ... Ml, 941, (', 9.1,
I'M) C J 4 S Y 4s 194.1. S41, .pa VL,
4) Maaa liaa 4,a 1931 V4 91 'M 94
7ij0 Swift Ca ion Ittit, If.i l,.i,
10W) U S Smelter a....li:S 117', It? U3
THE BOSTON CURB MARKET.
noSTON, May 17. The clotini Boalon curb
nia aim aeaeo quomiona:
Illd. Aaked
.o t
sr. 74
1C IT
l ',
14 ,
'h
m y
m ir.
.J .M
'. 4S
r, i
-r.
IS IS
3', 1',
.."ri
lit :
if: ;.;
,40 15
.1: .T
IS 3'4
1'j IS
f.
7 7L,
U- -'A
-s
M V.
.-. i:
:r. .1,
1 W
US US
SS 7',
1 "1
.IS 't
I IS
111,
.78 1
IS IS
r "41,
: s,
Alrarado
American Oil ,
Hay State Oaa ,
Peiole
Illlifham
liuhruiia
Ronton k Artiona
Ilnlnu & Corbtn
Ilotton Kir
Bojton k Montana
Untie a Uirelon
Calavrraa
Oiampton Copper
Chief Consolidated
Concallriated Artiona
Coiirollit.itcd Cpper
Crown lloen-e
IlatU ll.ily
K.i.-I.i JL bluebell
rortuna
Cold Lake
Hume Oil
Iloilrlitcni
Humbolilt
Iron Cap
Iron (Nn pf
Iron lllotsom
Jerome Verdp
M.'Umtl.-
Mnlcall Metala
National ItI A Zlno
NevuiH Doutlaa
New Cornelia
Nw naltl"
New Utah Iilnfham
Nixon
Ohio Copper
Onecn ,., ,, ,,
Pilot Ilutte
Hi II a
MnilhHe,t Miami
1'nlled Verde Exlenaton
1 ukou Gold
THE PHILADELPHIA MARKET.
pnn.ADELPHIA. May IT Philadelphia
Rapid IVanalt, Readlnr. Pennaylranta Rail
road. Philadelphia Electric and Union Trae
lion were the more actlvti local ah are a. with
pricea ahowtni llltla chanie. Cramp Ship
hulldlnr tallied 1' potnta on aalea of forty,
five ahares. Ronda were moderately antre
and etealy The aummary:
Open- THfT). Low. CToa
Salee in, eat, eat. lnf,
1 American Oaa 171 1:1 1:1 131
.'. Rrlll t '
10 Cambria Iron..... 4i 4, 4,
M General Aaphall.. 53 , M a;4 31
113 Ceil Aaphall pf... 7314 T3'4 7:',
31 Ineurance Co N A SSS -JS -.S
IS Lake -up Cor,. .. 10 to to 10
t: Ih Narla-atlon.. T , 71 TtS TC
w ft?" S'tf'.r,' ,M!
,1 1 enn ai( ...is, .-, .'---a
III iynnajlvanla !4 M', IT
Si3 Phlla Ele-' 77'4 77', 77S 774,
161" Phlla K T t C 1TV, 17 a IT ITS
nas.llnr . .. 9 MS 9t 91S
LE Tonopah Bel.,..
3S3 Union Trap. ...
IS
4.1
ta IS
4n; 4:s
97 7S TS
10S IDS I0'4
17 'S
lli S3 ll'i
io United Oaa Imp.. 'TS
m naraiKK ' ' -
ll Wealmoreland C., MS
xa vtarwicK i & r... iuh
a nm vraoip o.
BONDS.
I WD Am Oaa E la... S3
ttVI Klec Peo T 4a.. tt
M ft
K Tt
It
Tt
aMI"l flrnaOII PTUI
mOi) llaraood tHeo Ha PttH 1":S 1:a 107S
1700 Inieriiate Rja 4'. 'TV, 7', Eli-a 67',
W Leh NaT Con 4Hal0JS V!1 W 10TS
Mia Leh Val V 44a.. ..loot, iooiJ lw, 10. t,
lin ppnn Oen 4Hs.....l0tS lli Wl'i l"a
41M10 Paiin Con 4Wa WS'a Wa lM'a l'a
Ift.) l"eonlea Paa .... i K 3 K
Mao I'enn a Md A a.. 10 W let 10
I'hlla Elec la KMH 104', 104, 104'i
la-io Ueadlni 'Ten 4a... 4 94 94 91
toon Readinr J C .... M Mt H S
;ono SpaWifi.Ain I a.,101i HIS 10IJ IJ
1""0 Sland Oaa A B 4a 103 1M 1": 107
THE BALTIMORE MARKET.
IIM.T1MORB. May 17-Coaden Rellnlnt; and
Coaden Oil ami Caa wera atroiif. the forrner
beln the more active. Pennarlvaola Water
and Power waa artlve. advanrtnt nearly a
point to T4S. Honda wera quiet and ateady
The aummary:
Open- Hlh. Ixiw. Cloa.
a, Inr, eat, eat, Ins
lonallo Tube, . III 11 It tl
S 11,11 Dry Dock pf M 9.. 9S jr.
M Citliena Bank 4 41 44 44
r Coa-ten Ref US 734 7T 71a
M I'oiden O t 1, . , 9 V, 9
,00 1'oadeii O A O pf . JS S I'. IS
110 Davlon Chem .... M',t HV, U (
70 Equitable Truat... 3T7 37 37 SI
M Fidelity A Dep. ...13'' IS5 135 1".
S Houaloii O.I 1JH 1SH IJ l"i
cs Maryland Caa 95 fl i'a MS
Marine Bank 41 41 41 41
16 Mer A Mech Uk .. 7 7, 74 7t
7 Motion Val Tr pf. T5 "S 75 75
SV) Oklahoma Rnf..,. Tt4 Ti IS TS
iS I'a Wit A 1'ow.... 74'J 74', 7IU US
S3 Pools Kniin 100 ion loo loo
70 Hapulpa Kenln.. IS 13 13 IS
Itt Waylaud Oil SS 4 H
nONDS,
11000 Balt.Sp Pt 4H a.., 17 97 97 47
IOnOC?il A Iron ta.... 94, 9I4 4t 941,
Joon Cily of Ball la 'll WJ 9, 9i 93S
ioffl Con Oaa 4'a 93S f: ?s :!
U.'mCoadeu refa- la, ..173' VIVi ISSlJ ISJiJ
toon Ellihorn Corp ,. . 9TS 7'i 9T' 9T'i
COO ila Alacon r.a., ..104 04 0 104
noo Ml Ver M note, . , 90S 99 99.
iora) Pa W A Pnw 4a... 93 93 9S 6J
tooo Va ny Eleo .. Ji Ml n
noo tin r A B fdr .. rr n r it
uam UnRal too .. a al II u
Two Virginia debt rlfs II M M tl
SHIP STEEL ORDERS
REACH 50,000 TONS
Malrrials Will Bi L'scH for
ConstnicHon of IB to till
Ooeangoinff Boats.
KI KOPK ASKING FOR COAL
The nmst Inferesllns devr loptiient In
Hip sttel trade yerterdny was the an
iiouiuvinent of tlio placing of potitraols
for 50,000 tons of marine platen and
shapes by shipbuilders on the Atlantic
t-n.iKt with the United h'tntea Hlcel Cor
poration It la understood that I lie
slerl will bet need In the construction of
elehtcen to twenty oceanirolne; boats and
deliveries of the. ateel will be made) over
the second half of 1917. Other Impor
tant Inquiries for plates and shapes
are still In the, market.
Nlnco Mny 1 contracts for marine, stcpl
hae acBreusted about 65,000 Ions, In
cludliiK about 5,000 tons for expoit.
Within the laot few das som of the
Atlantic coast shipbuilders have paid
ns hlith as t cents a pound for marine,
plates for prompt shipment In lots of
r.nn to .00 totw pacli Ono lot of about
"no tuns was also sold for export within
sixty days at 4', cents a pound f. o. I.
mill In raeteru I'ciitisvhnnln.
The pr'ssurs for boats to carry vari
ous products from this country In Uu
rope Is unabated, Ktforts arc still be
Iiik made to purchase ships now In the
course, of construction, but there Is lesn
demand for old ve-eels, several of Mlibli
are bclnc offered In the open market
Word comes from tendon that the. de
tmnd for boats of any character Is un
precedenled, which Is reflected In tlio
recent repairing nf boats butlt In 177ii
and 1756 for coastwise trade.
a a
The rail mills of Ihs Illinois Steel
Company at South (.IiIc&ko and tinry,
Iml., Iimc capacity fully sold to AugurS
I'.tlT Pcvcral of the hsteni mills nld
liavo sold rail capacity to July, K'lT
The piohablllty, however, Is that de
liveries on this tonnage, wilt be ex
tended several months longer. The
Pennsylvania Hleel Company recently
received a deflnlte order for F.'flO tons
of standard section rails from tin He
ton and Maine, erbal pontrapt for
which wan placed In April and noted
at that time. It Is also understood that the
New York. New Hacn and Hartford
H.illmad Company has decldnd to U:
very heavy section rails and has elven
the urilctal contract for about lo.OoO
,o U,,000 tons to the Hethlehem Steei
Company, which mill reserved space for
this contract In April.
Tli only new business In rails now
coming out Is for a few hundred and a
few thousand ton lots for this yea -delivery,
upon which full adatic d
prices are being obtained. The Illinois
Steel Company Is taklns some I!llln In
orders of this character for this year's
delivery The demand for light section
Is still aclte from Industrial roads, ei.
peclaUy from mines and lumber camp
About R.O00 tons hae been placed with
th Uiralli and Pennsylvania Steel com
panies within the last week.
The Northern Klt-ctrlc Kairway Com
pany of California, which has been In
thp market for four K,n foot highway
hildges to span the American Klver, has
purcha'cd thie- second hand bridges,
each 200 feet i-pan. This action .m
probably prompted by the long time re
quired .li which t" deliver and construct
new bildgea rather than to the high
prnes i ,! ll In fur structural rh.-.per,
although the latter are a factor of con
eldernhle Itnportaiice.
a a
Tlio West Penn J'ower Company of
rtttsbuii; has placed a contract for
transmission toners calling for v t iis
of structural steel with the Hlaw Steel
Structural i'onipan. Similar work U
peniilnc In the i:ast, which will recjulro
several thousand tons of Heel, and also
In the West rtuulrlns nbout 1,000 Inns
nf structutal shape, There Is unusual
activity In all manufacturing centres of
the Wet. dependent upon electrical
power. Such power companlea have aleo
teeently placed liberal contract for bare
copper wire. One contract of this char
acter waa placed within the last two
lay, and electrolytic copper veai pur
chased tn coer tlm order, for shipment
In AuriiM, Septemhei and October.
The i.uilder having the, general con
tract f,v the Mldvale Steel and Ord
nance Company gun shop at Nlcetonn.
ha awarded the steel contract,
about S.SnO tnnr, to Levering llarrt
ku. e iiijterid nf to the MeClltitlc-Murahull
Cnii"i ruction Company as previously un
derstood The McCJlntlc-Marshall com
pany heretofore ha furnished nearly all
of the steel In the Improvements rmule
by the Mldvale company. The contract
for 1,000 tons of shape for a machine
shop at Cnateavllle, 'a for Worth
Urothers, now a subsidiary of tha Mld
vale company, has alao been placed with
a fahrliiiUtir not previously engaged In
this work.
a a
The John W. Cowper Compavny, Jtavlng
the general contract for building the
plant extension to tha Bchellltopf Ani
line and Chemical Works, hati bought
the 7.600 tons of ateel required from
the rrrguson Steel Company of Ituf
falo. It Is understood that nbout 700
Ions of reenforclng concrete bare also
will be required.
a
Plans and specifications are being pre
pared for eight nddltlonal section) of
subway work In New York city, which It
Is estimated will require about 90.000
tons of structural steel, It Is reported
that Inquiries will be put out In time to
receive tendera on most of this cormtruc
t ton on June 5, Tenders will be received
to-day by the Public Service Commission
from general contractora for the con
struction of subway section 1 ot route 8.
a
Home large Inquiries for ateatn and gna
coal are In the market for export to
France. Italy and Relglum. According
to exporters, the Inquiries cover aeveral
million tons, but as mo?t of the forelKr
Governments ask for c. I f. pricea, small
headway lo being made tn closing con
tracts. One cargo of steam coal has re
cently been sold for shipment to New
foundland, and the boat Is now loading.
Among the Inqulrlea now In the mar
ket la mtld to be one for about half a
million lona for export to the Mediter
ranean, a
Halea of foundry pig Iron to domeetlc
consuniera ar encouraging to blast fur
nace Interests, tn the l.nt tew days be.
Iween 16,000 and 20,000 tons have been
sold for delivery over the last half of
this year and the tlral half of 1J17, but
the Inrear part of thin buslnesa Is for
this year's delivery, The American nrako
Shoo and Foundry Company has come
Uito the market for 1,500 to !,?00 tons of 3
to 3i, per cent, hlllcon Iron for shipment
over the last half of this year Turner
Seymour of Torrlmiton, Conn , have,
placed ciiiitracta for 3,000 to MOO tona of
malleable beesenier Iron for ahlpment
over the first half of 1917, the business
going to two nr three different furnace
Interests.
A foundry Interest In Newark Is taking
hldH on l.ooo tons and two other New
Jersey consumer are In the market for
500 tons each, while a smelter In the
Hudson Valley h on the point of pul
ling out Inquiries for l.riOO tone for this
year's delivery The principal Inquiries
for baslo Iron come from tha central
Wett, where the National Rnnmellng an)
stamping Company uska for bids on IK,
000 tons, delivery at St. LouLi, and tha
Executor Trustee
Chartered 1822
The Farmers' Loan and Trust Company
Nos. 16, 18, 20 & 22 William Street
Branoh Office, 475 Fifth Avenue
Now York.
LONDON, 15 Ocokipnr St., S. W. 26 Old Broid Street, E. 0.
PARIS, 41 Bonlefurd HansimnDii BERLIN, 66 Unter den Linden, N. W. 7
Trftvelore' Lettern of Credit, Foroign Exohange.
Administrator Guardian
Union Steel Company of Canton, Ohio, Is
still taking bids on R.000 torn.
a a
There were rumors yeeterdn of nddl
tlonal large contracts for ferroniangsnsi
placed by the steel companies In tins
country with Kngllsh manufacturer
through local agent. It develors, how
ever, that these reports refer to con
tracts aggregating about 20,000 1 tons
placed In April lit $175 a ton, ex ship
xenhoard, for shipment during the first
quarter of 1917. There are still otter-Int-s
of English manganeee for shipment
over the last quarter of this year nt
J2"0, while small lots of spot are held
at 1400 to 1480. Domestic ferromati
Itanese, however, Is still eelllnir nt Mib
etsnllal concessions from the prices
aaked by foreign Interest.
IRON AND STEEL.
Lnraer )npn1r ravetrw Consumer.
Innnlrte, Vinnprona,
More eatlfactni dellerJ-e on eon-
I tracts for plates mid ' h.iis mi Ihn I'ajt
ami a more ample supply of "etut finished
steel for nearby delivery In the Tilts
buri district are regarded with satis
faction by steel consumers, but there arc
still Instances of very high prices paid
for preferred shipments Trance and
Italy are still In the market for loo.noo
to 16u,')'!0 tona pf etiel bars and forg
ing s.
Tho most prominent feature is the
heavy demand for i urine sieel from
domestic, ami forclr" rhlpyard, noted
I elsewhere. I.trgo Inquiries for Hl-lic
tural steel are In the market and others
are pcndlni;
The iron iff aaya:
'srtnte thrrrnte in llie amount of mi
flnMird atrel nv:ll,hle for rarll i.i riv ill
the lMtuhuri ditri'1 la Ihe I, teal indntlnn
of I' e-liic strain in llm atrel Irie1e A"
.blditlonal npA capa it 1, ttniahed in ttie
net lour or IUp niotoh, lca i, Itkcly lo b?
heaM ol a Meel atiort.ue
"lir iron tnike mii.1 i,M material hate been
t the ytelitlnr e,iiun oi Hie ntarket for
erai Hreaa mi nuiei- iml eneei nara tiow
Indication, tl'n'.wh not pronoutied of a
atia.iira off Irom f inun.' price I'ntlcr reer
ofTrrinr os-n he irth -b 'lri S''d li-et bara
haie rold st II.' lo 11.1 at Plttatmrr. a
aalnat In recent npek
'At llie aline time It mllll sleet cnnipalltea
haie no vim nntfticd iri lo otfrr and pinera
are ,i ru-id aa lo a a. In lie. moat
ferrah Putlnr of Jsmtary and IVhrjirr
The toaliion aa o war ateel la ill no wl
rel.txrd. narfpularl, where Ihare ta .raep.-v
atsiut deliverlaa hnni eep for lare analla
wanted troinptlv baa Iwn offered m a nuin
br t nulla. Inn not- could take It on
There la lonablerably more bujinr lo he
done Inr both France and ltalr Of IMA"
ton of n to 13 Inch hlonuia for Europe re
cently helote ihe matkei io.oa Ion retualn
to lw placed
'Western Implement matiqfa.'tnrer, haae
ahowu onie con rrn about their bar con
Irs 'la fur Hie firm htf of 1917. an.l the neat
fv e-U; ire cxpe,,i in i,-i- ,,,,, i. n
that bualneaa to the steel nial.era I. ile't
J3v,' IMIsburf has liepu pi, f0: as.icul
lliral bsra. and some K.Kiern aalfa alr r
porcd al S.7.e. llllabur.-
'"Hie iTiitrinjr nf the world's tin plate d
minl mi ihe fulled Matea I, ripn.'v takuii
up cap, tr Kerr1 Ure manul ic'urrra n.r
li.iviiia- nolliiiia- lo offer for ttiis ie,r I.ir.e
expori ales lure nprn man aI I . ' pe- t.;i,.
box. vnd one to the Orient at I 7'. .nut t!ie
ilunieatie nurkei peeni lo be liea.lin f.ir
Speeiiicatioh, nf the week on ah. .el aid un
null tiroduil hue been unusii,! On- .ti
toinnhile butlder'a mnilrecta for blae ,m
nealed aheela tor the jrar beilnnin. .In; v
1 rail for i.'ai,fn tons "
THE METAL MARKET.
I Copper Onlrt. Order F.iiiiiilllim
It'apnellj Deninnd Cor Tin.
' opper m cpilet etar.lii- l'r..1uclli
Inieraata wl'h papaicll aoM for ineliv
I month, are d!a.-verlni; thvt they wl'i have
dlfi ulty In meeting Jun contra, ta, a:
thoiirh eutput la now at the rate r uaar:
i :')0. 000,000 poiindi a men'h. The largn
dunieallp ponaiimlng Inler-st.a ha requlr
luenta we roprei tiv contra. -la f
delivery Into iptcm'r, but a ' amal'.
tn-'.era it-e hu t -jar t inept .m, xprrt.i
new or.W for nn'.ahei inaMilal for nerl.y
,4eili-er.
erjna handa have aeveral million
pounl of r'ectrolvil. coppe- for aale an.!
ar nn.Hpi rtlfflcult) In tet"n buera nt
9'ic for June, July and AuaiKt, ani at
9c for Aua tst. Saptern'.er an4 October
Producing lniereta hold elea.trolyilc for
. lobar, N'oember and rieemiber at 2ac
full lerme ruling copper for i. at half f
liny la onereo at :nr du tut.e-te.i
15pnrt reporlM yeeterda) war 693 tona,
making May forelen shipments to date
10.32 tona Stocks In warehutiai. In Orea
llrl'aln Hini France on M) 1 . were t.il?
tona, which 7,170 tor.a were alloat fron
Chile anl Auatra'la The Ion.ton market
. waa uncnangea at tics ror Amerlctit e.e.'
'trolytle, but spot atan.larl was (I ,r
I In Iln His main fe.tiure of Ititareat con
i tlmiea to be the demand for Ohlneae.
II.iih'i. and English bramta. It la 1 1 that
aalea of over 400 tons of Chlneie branda
were made here In tha Mat few- day, at
I liUII Spot Hanoi la held at 4c .
but Stralta la scarce and firmer at 19 if
I9'.jcc The aieannnlp waaMjk. friuo
lUr.nl.i. arrlei yea'erdav with loo toi
lldiica tin and two ahtpa from Iindon are
duo with 471 tona. The Singapore market
waa more actle and atrorntor, with aalea nf
760 ton i ISO') 10.. an advance of (1, b.
the Ixiiiden market wa e.i1,.r. tvlih ataml
aid S. nwer, while epot Strait,
aten.ly al (19
Iad waaij.il! and waakar. with apot Mh
ami June offered at 7 30 1; 7.3a-New
Voik iiml at TSc. Plaat SI Loula, The
landoii market dropped fl Sa. on apot an. I
11 3a 41. on futurea. Spot wa held at
I3Z 10s.
spelter waa waak and lower Elpot
ta quotable at USo., May at lf.f
ll'.c.i Juna at 144 tf lie. July, .Vutiiat
and September al 14 Ho, Heixembpr
a. I moat 14e. Fast ft. Loula. The lanuloii
market waa unchanged.
COTTONSEED OIL.
Although th trade waa nf fairly laraa
proportion and well dlitilhuted through
the Hat the price ehanaaa wars a'na.1
Further ilqumation ror poumtrn anl local
1 account was reported. Ther were free
1 offrrlni, of new crude ell, but mill, were
not prraaltig aalea. Perlnera and abort,
I war, bulera of contracts durlm; the aea
aioil, tianrrai paniinini la inin.apni niur
mlied.
Prev
Cloalng ClOfe
Pricea Hld
Root , . lO.tOi; it '.11
M iv 10 1" 4' ') .
.lu' 10 44 Y 10 411 0 a
p-eptembar 10 03.1 10 91. i0 0,;
October 10 01 M0 OJ 10 03
THE PITTSBURG MARKET.
I PITTHHI'ltO May l7.Amcrlr,ii Windna
I (l'ai. alter opening st HI fold down atnl
cloaed at under profit tnhtug aalea Tliere
iaeto no tmltoilsllt nrlce i4ian,e, elaewhare
Tradlnr waa fairly a.slve and wall dlilrllnite l
Ihrnuih tho lial The aummary!
Open. Ilillp Low. Cloa
SaJea Inr eat eat Inr
14 , .ni win Ol Marti. 61 M 'i t:t
31 Am Win HI M pf UO IO 111 V
304 Am Win 111 pf.. .103 toj 10; pi
M Columbia Oaa H' 15. li',
ISO Int llrew Inir ... I'i 3'. J'i
?0 Iml llrewlm pf.,. It 1 It 1"
so La Helle I A e. . 3'4 K IV, S7'i
l Mfra IJtlll i 11 rani 'a (0i!
t Nat Firapfa- H '! P, ',
30 Nat Flrenfa- pf 19 pi 19 10
Id Ohio Fuel Oil .. 17V, 171, 7'i 17
10 Piitab'ur Coal ,.77 !7 if :r
KW IMre Oil . . ir 17', 17 17'4
(.1 Pitta Oil A GM, 141
7"0 Itn.i Mlnler. : :i 18 i
4) HUerWe W rf 11 H 14 u
10 Ci.lon Mw1 Sir lilt, lllli lllii mil
IS t'ntnn Nal Has . .UU, IK'i 14U, 14K,
Wetilnrh Air Dr 1ST 17 117 w
itt Weatinah rritc 3, : :
IIONPS
I7OO0 Pllla Coal deh la 'ip, Ml, p, a-
GOSSIP OP WALL STREET.
A 4 oatly Mlatake.
Stories of a costly mistake In th i
exiciitioti nr an ordrr In KendlnK were
told jestenlay to account for tho ad
van 'e of that stock to a new high rec
ord price nf t3t; In a romparstlvely
uinrnni, s Droaersge House wua I
ual.l an t.H... .....I. . . I
in iin.n rrcciaru an orner inin
a big customer to buy aeveral thousand
i hare of Heading. In transmitting the
order to It representative on the flcor
of the exchange there waa eome mlxtip
which resulted In the broker getting the
Impression that he was to sell that
much Heading. He did o. and knowing .
who the customer waa became convinced
tint the "selling was good'' enough to j
warrant hi going short a like amoent
for tho account of his rlrni. Other 1
hiokers following his suit sold short.
However, when the broker reported to
hi office that he had sold tho exact
'lumber of "hares ha waa sunnoseH to
have bought for his client and had done
the mm for the llrm more coneterna
tlim relcupd In that ofTlce than for manj'
weeks, before. Of course the broker
bail to iwcr at oih-p for both his plleiU
ind his llrm and when the "floor" found
'"lin huytni; thosp brokers who had sold
llli him turned huvers. As a result '
lh stock was Jammed upward from a
I iw of 00 tn n high cf 93U. ; above
the previous high It closed at 93. a
K'tln of 2", points for the day. I
ll was Interesting to note yesterday 1
that Heading second preferred was more
.icti than It ha, been for weeks, the
'i.i'. n-er being 2.SD0 shares, or more1
1 1. "i the total sales In that class of Mock
nil last week It closed, at 474, wlth'n
'4 i'f th high for the jear and with
an advance of nf a point for the diy.
The record high on Heading common i
w.us 50 In 1312
rtepnlillc Iron and Steel.
The declaration of an extra dividend
f 2 per cent, on tho preferred stock of
l'ie Heptib'.le Iron and Steel Company re
duces to s per cent. th tack dividends
due on thut clasa of stock. The declara
tion of tho turn dividend occasioned no
Mirpi sa, as It wa, known that the coin
panj tt earnings were at a rate to war
t Hit sin- u dltdiuiaemunt and It has al
way been the jiolley of the company t.
pay nif ite accumulated dividends as fat
as fl' ain cs iiermltted.
The d.vlilen l history of the nepub!
Iron and Steel Company la a somewhat
pecu lar one. In July, 1308, the pre
lerred dlldend was passed and In Julj.
11)09, was reeuind at the customary
late of 7 per rent per annum. Is par,
cetn. being paid on account of back divi
dends. In August of that year 6i per
cent on back dividends waa paid in war
rsnt Vrnm Oefoher, 1900, to January,
1912, Inclusive, the customary rate of
1 s per ent. per quarter was maintained,
but In April, 1912, the dividend was again
paaprd. l-'iom January, 1913, to July,
, IH I, Inclusive, the regular quarterly
dividend wero paid. On October I of
the Isltei year the dividend was parsed,
but a eir from that date was resumed
and from then to date ha, been kept up.
I'urlug that period back dividend hava
been paid as follows: October, 191D,
one-ipnrier nf I rer cent.; January,
1911. I per cent., and April, 1916, 1 per,
cut.
Motor rmtdpnde.
The declaration of an Initial dividend'
of 1 1, per cent, on the stock of tha
Saxon Motor Car Company makes tha
ecotid in Hal disbursement which ha
been made ,-u the stock of an automobllo
company lltPd on th curb within two
months. Th Chandler Motor Car Com
pany waa the other concern, that com
pany also Inaugurating dividend pay
ments at the raf of li, per cent, qtiar
teih It Is understood that the dividend
nt of el per cent on the Saxon tt..'k
will be made permanent. The company,
is eal,i tn bn earning nt the rate of 21
Pr cent, on Its stock.
Erie.
The big bull Intereart wdilcih w re
sponsible for the advance tn Krle com
mon to 46"t last November I said
to be still extant and la understood to
be getting ready for another moienient
In that stock which will tagaln carry
In through to Hrl closed last night
it 37'i. niU's position both from a
financial and a railroad standpoint Is lm.
proving right along and the stock la
one that lends Ittelf easily to speou.
latlon. IMe Is always easy to sell, be.
Inn .1 popular stock, and Is well taken In
bank loans. It I the only one of tho
trunk lines of the country which can
also be consldere! as a coaler
I'.rle'a earnings ure continuing to Im
prove In tplte of tho fact that during
Match the pet showed a decrease of
Jtili.non from that of March, 191ft. Thla
1, said to have been due to congestion
and to curtain tecjinlcalltlea of billing
Operating expenses almo Increased oon
alderahly during March and that made
a big difference In the company's show
Ins, April's receipts, however, are said
'o have shown a considerable Improve.
'iienl. the gross revenues Indicating a
gain of 20 per cent, over tho.te for tha
ame month In 191R
Riiyliiir lleoTKanlaartotia.
Vf all Htreet ha hit upon new form I
nf speculation which Is ealfl to be the
nearest to a "sure thing" that the '
Street ever had the chance to play. 1
11 eonst of bulng tho itoedr of ro-'
organised railroad cnmpanlr when tho
cuMoinary assessments have not been
paltl by nil nf thn stockholders and the
bat Hers conducting the reorganization
have had 10 take considerable amount
of the situ ' Tlio schema I to buy the
itnels mi 'his reasoning.
"The bankers hale some stoek which.
Ins been left 011 their hand from tho
leoi iMU'.Mtton and It Is pretty certain '
Hint ihey will malto a hull market In tt I
In order to sell wlmt thev have on the
rle Therefore buy no:ne."
Many broker nre said to have made 1
a pretty cleanup In speculations In the
new Wabash on this line of reasoning
and IhlH pamo coterie la now watting for
the reorgmlratlon of Hock Island, Mis
souri rnciflo and Ht, Loula and Han
Francisco to repeat the .operation.
The Money Market.
The Farmers Loan ami Trust Com
pany waa said to have entered the mar
ket as a lender of call money yester
day at as low at li per cent., It being
tlm first Urns that this Institution has
offered to lend below SV, for some tlma.
The National City Bank Is reported as
reentering the market with funds on
call at S per cent. Many closely In
touch with tha monay market say that
th hankH have been making io little
money during the last year owing to the
as of money that many of them arc
keeping Mg balances In London and
lending funds there at 4H per eont.
Another reason why the local banks are
' citing funds In TJngland la that Hipi
$2,500,000
American Graphophone Co.
(Columbia Machines and Record)
Serial Gold 6 Notes
DATED MAY I, 1916. DUE MAY L. T91W6.
TtTterest May Itt and November let
Callable In whole or in part at 1 02 J4 and bvtrrert on nr htrrett Sate
on thirty day' notict.
FRANKLIN TRUST COMPANY. NEW YORK. TRUSTEE,
Normal Federal Income Tax to bo paid by the Cotnpany.
These Notes will mature $300,000 annually on May 1 , 1919 to May 1, 1924.
and $350,000 on May 1. 1925 and 1926.
Tha AMERICAN GRAPHOPHONE COMPANY It the oldest producer of tAlWmjj
machines and record in tins country. During the 29 yean of iu existence its business has develop
ed enormously, necessitating additions to plant and extensions of facilities from time to time. Re
cently there hai been erected and equipped a large new concrete factory building, tnd within a month
there has been purchased an additional modem factory building with 6 actr of land in Bridge
port. Conn., and the manufacturing equipment is in course of preparation.
For
Earnings from all Sources.
Interest on Funded Debt. .
Interest on Serin!
Calculated
The earnings for 1915 were about 74 times total fixed charges, based on present capitaliza
tion, or, afterpayment of bond interest, 12 times the interest on these Serial Gold 6 Notes, with a
balance equivalent to about 35.8rr on nil outstanding stock. The earninps in 19)5 increased over
those for 1914 by 90'. In the fir9t quarter of 1916. gross sales increajed over the corresponding
period a year ago by approximately 50.
These Note are protected by ample restrictive clauses as follcnars:
Current assets of the Company must equal the aggregate of its Bond?, Notes and its
current liabilities.
No lien, except purchase money mortgage, can be created unless Notes participate.
Annual dividends in excess of present rate of 7 cannot be paid un1e amount
equal to such excess be applied to retirement of Notes.
PRICES: 101 and interest, maturity 191"
10044 " " " 1920
I00U 1921
100 " " 1922-26
Circular on request.
MILLETT, ROE & HAGEN BERTRON, GRISCOM & CO.
52 William St. 15 Congress St. 40 Wall Street Land Title Building
NEW YORK BOSTON NEW YORK PHILADELPHIA
T71, tfonBfn and jfnfltflrji oonfnlnrrt" in f(i afferftmeif have ten oMnird from ourrr-i tr
- rfcem re-JlaMi and are accptrd by u as acevrat'. -
Western Pacific Railway Company
REORGANIZATION.
1 Ihe depositor iiinler lb I'lnn and Agiremenl fm Ihe It-nrcanlratlen of
Ar,tem Psrtfln Katluav 4otiipali.. dleil llcirmher I,., 1 1 I . and file
Holder, nf undepn'llrd I li.-l MnMcaKo I He I'd Cent. I tiln -tear .nld
Honda nf said 4 ontp.iiia i
NOTICR ta hereby plvca that ihn llrnrga.i'mrtr" Crmmlttr, with Hie lonsent
or the Managers of the rnderwrltini: w h alp pnw ' icd fi r In kkM I'ln. hate ,'itenile.l
the tluie for the depoMt on ler aatd l''in ,nl t:r. rmrht of laind nf Hip Nie ahnto
mentioned, and for ll.e Pltii of a.-ri-en ...ns ,,r i'cripti,.n ur Hie new lam,, to Ui
taaupil pur-liatlt lo aal i I'l.i . to and ir.. lo Unit Jt M, 1, llllll. Mii-li detslla idiould lw
made and anlrtcrtption aircctnctita filed with Hie lef,oltry .f llm ll.rlr.-lnlr.llton
coinmiitee. tiir ryrn '.m i- Tin "T umi n hi ni.w vmkk. 37 w.,11
Street. New Vork City, 'or at In lam, .11 braucli, 't Cro. ,111 Mreet. L. ' ,) or with
any pf Ita Amenta, 4ti nilT KKDKHL TllfsT Cn'IPWY It Monlnnrcery
Strpet. San Ki.inclaco. c till) i ii'.iisv nut T cou.'iw. t,' Court ftrpei.
lliMnu. Mvaa. and ILLIVOIH TUt ,-T IMI SWIMIM HANK, V7J Ninth La Sallo
Street. 4'hlcaan, III , a th lK'nilti"' l"ra or tlcpn. i .r. nuy prefer Cnple of the Plan
and Aereeiiient and of eipUiiamrt circi lirj rrkiUni; Hicrcio may be ubtalncl rrom
auch Oeroellary pr any of lt aatd Auita.
I1Y OltllK.ll OK TUP. CONtMITTnE.
AIAI.N VT. KII1XII, Chairman.
I.IMIN Stlto all:. Srrrrtaiy.
Dalcil May 11. I'.HA.
1
hope to make 11 profitable turn In .he
t - a Itt aterllna when ll o-'curs ,
I'rati" K;chnnBP-
One feature of the foreign e..v hanne
market esterday was the strength of
exchange on Tar's. Checke were cjuoted
at B.J2I-J, while cables sold at .". 1 T '
This compares with a privlous clo of
r.,08 and 5.H. respectively. Tor
elrn exchange broker fay that the rca
son for the advance In tho rateu or 1
l'arls Is the fact that many eommer- !
clal eredtta are being arranged h"ro
for French banking Institutions -id
French Industrial compiinl'e It wan
pointed out that theae imall credits may
delay the placing nf the $2nii,ono,uiiO
French credit, as they will tip 1 to
remedy tho situation whi-h made tan
larger scheme of ilniinclng necessary. (
1
.Innp Vint iil'llle.
Ptattrtlcs comrlled by Do a-, .lone ..
Co, aliow that June baa the largest
amount of bond, and tide;- tuitiirlr,, 'f
any one month of the prerent year, 'he
total rullioad, In1u,trla) and public
utilities being Jj0.01tS.ft')"' The gre.t
part of thlH, however, list' alreid) b-en
tiken car of, The maturity of jl!,.
000,000 nut and bnndu haa been an
ticipated, while financing has already
been arranged to care for $2,000 0U' 1
other maturities, The Mlrsourl hcIi',.,
has extended for another year tt -a 125,- :
000,000 notoa falling due on June 1. lly
the end of June 1 375, 000,000 of thlJ
year maturities, will have been eared
for. leaving only something less than
I12S.000.OPO to be arranged for durlns
tho latttr half of J 0 1 tj. 1
THE CHICAGO MARKET.
OJ1ICAOO. Mar 17 Swift a"ioed a furt'ier
advance 10 117 but fnsllr oM off to potrla
on Itqulda'lon fUew-Hrt V irn-r was ti'-n
under prraaure. f-e ire Koebvieli reacleil two
points nn moderate flllnr The real of t'te
llat ut dull and aiejdy T7ie bond muket
wai tilrly acil, and iincharired Tho aum
mary Open. Hlrh I.tw- rioa.
Sale., Int e' let h;
to Amer Ship . 41 n t (1 1
?i Amrr Milp pf . o n 15 13
id Ilootli Vlah pf . 71 ' 1
Hi Till Plieu Tool.... 73 ,1 ??', 7", ,
7.1 Hill llv apr 7 ... i: ,1.', V
1 Com lelleou . .. ',41 '.I 'II 1t .
.vi Diamond Match "' : 1 1" ,
i.i 11 S 4 Mart pf .'.14', : n-, Vi, r'4
4', Illlnola llrtc'e . .. o " 11
1M Pooplea (Ua '.01 o ), int
76 Pub Strrlce lin, not, ""H foi, I
tt rubltc Ser pf '07 i; if 3 t,i" ,
s Quaker 0,1 .. rjo ."-n ..:o
710 hear Ilopbuc'a .. Kii 141, KJ14 'i-i(
4) hear Hot-buck pf.lM'4 IW, i'
ai Stewart Warner ' (o m,
io Stewart War pt ..100 Ho l) o
610 hwlll Co. .13' 'J- 1 o :r
MONpa
WW Armour P-,a 0.", w, fii, , ,
;tawrhl lly fa ( tw-j MS "'S'
w Chi II '4 , W, H't n, '
1W Flah deb ta m, n M', f'i
lav) Pub Service ti,..MS "S Pj W',
tV.10 Srlft H 100 IV ill pi) I
Conaolldatetl P.ictiomie,
Prlea on tha Consolidate! stock E
chang e,per!nced a sharp decllna In tha
foro part of th day and alil.nurh thera
were aubaequent Irregylar rnlllia th Lie,.
Inc lavela were generally at ret de 'nee
Pleading artood out aa a atron fevnre In
the late afternoer I o'l ,ia hnfh
'1', .'eattir a n M .1 ui, A
iitn prl.'e pf 0 ti I , i a ...
1 'a ii h 1. h
EARNINGS.
Yejir Ended December 31,
1918.
1
Notei
on b9i of present capitalization.
nn; nooNVii.i.i: uaii.ho m mtiDi.r
' OMI'IM.
I"lrt Inrtrsre 4 - -.liil.lu l iind Hold
lltintla. rtatPtl Ntitrnilier t, IfWll,
NOT'' tr H' 'tr VPS a llle.f.
fill nf the lib- e 'ie.t t j n ? .
it's ila ''rewn f leiactiMon .11 sc. or.l
at. e ii, .he r. 1 I'reoieii'a ui Arllile II
of th Tr-l MrrgM-e 1 ....bare t a, follow
'1 a" 17 ", Jill,
i7n t; .... , n, 9j3
All fut .r- Ii.'e.aat en hii of Hie bonda
ea flr.'a.nat- .-'Jl-l Juj Hth, !!, th"
s'a .f re. I' r,pt n
U.MIi.l' TK' -.P COM PANT OF SEW
1 1 'UK Tr s'a
li- I- r lit HI 1 "e-PreaMent
In ace,, tan ! f r jolng certifi
er - "n'1 lentipt e.t .1 1. , faii on
at.d aftr b- "I. ''K, at par
.it-'. a 'rue 1 litiet si aic of the
Central Ttuat ' nilial ' Yopk, tl
Willi ."itreat. New , I,
New Yorl;, Muv t,( ; ,
i.i. 1.1 iio.N- ami .Mi.nri.Mis;
Tl) Till'. 1" KlliiLDKHH OF TIIIC
CI.N I It l. I 1(1 1 I IIMI'ANt
or m:v nni, i
r.OTIl'i; la h. ei.i kii-11 that Hparta.
M -.liix uf the p 1 .1)1,1 dara of ihn , antra)
'r ot ,pit!i 1 .,w- Yin,, Jiaa ta o bv
1 '. lr'tjr nt the llna'l ,,f Trilatere fll.IV
a e1 in l,a heM al th Ofilfe of ,a fan
'I.. Treat Ctllipalil f New York, Wall
- H -i, mli .f Mallw 'an. City of New
l -I., N v. In th rmin In whl It tl.e n
t.uai nieet'i g cf tha at.v Uho 1er la uatially
i' ... en ill" 7nd tls) of Jure. iHt), at It
" 'i1--. ll. tl.e fnretiuon of auM da)'
ll.e ol 'e 1 of .,11 meeting la-
it To H.'teii'e ! prupoaail Iriereaa
of the cup tat an, It of th Central Tru.'
fimpanv .if N-n- York from $3 OOO.OfjO, ,t
v'tal Into SO on, ahsraa aprli of the par
va'ne p JI00. to J , 00O.O0O dll'Mel Into
'. " 1 rharea t-n li of tha par vain of 1101
' To authorla th offertnaT of aui'h stl
! " ! ll a'n k. to wit. JO.OOO ahare, of
-. I, e.i h of the par alll of II 0, fir
,' rtp" n at fie par value ther'of pr 1
riifi in l,a atorkholdera of the Central
Tn at 1 einimrv of New Yoik of re nrd rn
an h iti'r fur eti"h parloi ,n,i tm-lar encli
' 1 it' ,t, a nna rntatena tia abail ha il.
e-llilni-l at a.iM ape -la" tneatlng of atnek
I ' I. .let Ibe i.ai, t,f t addHloiM'
1 a , n it aithacrtliail. taltee, end pn' for
. v the I'-ee ni- rt of th Cornpanv t.i aurti
I'... 't an ti manner, at aueh time o
" tea i., 1 nt aneh prt-e sa he m ir ,1a.
termtne i.t..v Id-1 however, that pen o
a 1 li .! ara aha'l b a-U1 for In than the
tnark-t la'u thereof, nor or lea thai
I I '0 per ahare
3i lo tnl, aoeh action a, tnay prepefl
n re l.afnr- aaM meeting In relation to tb
P- H.1 'i 't". nf .,1 1 rapttnl a'ork. e 1
tha ittapcettlnn ther -of
Iinteil. Mil If lata
.1 V WVLLACE, Preailent
M FKIHU'riON, Pe'reterr.
Ple.ia, take notle that tha Annual Mae'
It g of the Htockhe'dere of Gul.il OA"
HIlATTN'l A l.IliliriNfl COMPANY w
ba hi d Thutaday, May Sfith. nit). t thr
o' -t 1 In tha Hftertitton, at Hi nti' ,.
aatd Company, Nn If llaltarr piacs, In Hi
Hi foufll of Manhattan of Ihe City of Nai,
Ynrlf In the Ma a nf New York, for Ilia
e'.'tlon nf aaion IMieetnra for th Com
lainv f.tr lb enaulng )aar an! foi ill
tranait-tton of eiich biiatria,, nn mav nroti
er'v i "'tie lie',ia atitl maa'tti; Tha fl., If
Tranafai It. Ua wilt Ita 'nae. pn Miy IHtli
191 H"d wt Ita renpaped May Jflh. . . ' ri
''llllll 1 I W ObltnitNi:, Secretary
tlv among th "war Biocka,' fihanged
hutllf in fl"' enioiitit ,,f al'Oin ,0"0 alia
! npenad a' f' l,, w-hlt h waa ', of a pnint
iihnie In c'oH'iir prle en Tnaa,la, nd
h ' .1 ear'y nt S, hut It thn brok io
fill, .' o.lng at III,
Itevi in Petroleum opened at 10.
wh ch waa S of a point above It cloatnc
rpii tat.in on Tuea.lay, anl tt ao.tl aa hlsh
ne 1 1 1 H . hut It thai ritert ahtrplv c w
Ire .it 1001, ta Inreat for III day In.
frr,,i"0r-i Mer.'Kn'li Marin prfri'e.1
pot red Ht ft?,. n overnifch Irnproia
meet cf a of a point, slid aoltl Ha hlrh
aa f4 lla low wia IIS n1 II ploaed at
1
$1,988,401.30
116,208.00'
$1,872,193.30
150,000.00'
$1,722,193.30
-
I
CIIK ti.n. I Mil s pin 1 a l.ot.lS.
II. I I, Kill U 11 I HMI' N v.
Netlte ,.f leil,iiiilliiii.
TO TII.K It. 1' I ..fN'UP.AI
MDitTii ,.i: rt t- 1' ai, iii. pith
I . 1 . . 1 .i 1 . , a 1 . . 1 1 .' 1 . . ,0, 17,
l"l XSAI'i.i 1-- a. I.il , ll.li rt All
WW "MtPN 1.- r.li I VOKlt IN
iii v ret..: n v i:ti .11 m. 7 !.
Xellie 1- lw'-l c at, it t 1 h' tlfjt In
fl'ap ipfi'ta I., " - I
nipan'
llm 'l't.,,m'ii. 1 e
rerie-1 t tl t. 1 , 1 '
k'aae Ca '-a ,1 ,1 I 1
I..
Mo
1 . It.iukcra i mt
litvlnr, 1 rua
1 'I... eiiil-- l.ara
I ,. 1 I I ft . t,ou
oinpatii Ht-'l V IIII11111
tea t , , I I ' r - fit
of .'tie ' I!' , .11
t 1 i
-a liriierni
ItorlrHCe Ihe .ir I'hr Per lent. HttM
llontla .a " i - .1 . 1, ut -.a n.ort
Kse. nt t s 1 . , .1.1 I 'tit- hai
be, n chi 1 f.r I,. 1 1 1 1 1 1 . 1 aid Will be
t'lllie lie ,11.1 Ja ,,iti. a' 'I ' ptlnclpa
amount tti-r, f a 1 .1 n-e...l':tn of ore
he.f of ot e ,at , , nt (i . h principal
up Hint 1 'i '-, ' n, e r ,r In' et, si
lite oftlre uf lleaara, ,1. I'. Morton ,t Coui
pull, . No. 'il Wall -Ireel. Ill Ihe Clt) of
New Yitlk, N. .till, I, llllll, being th,
net ." ep'-'iit i,-.r, - .lal
Pitert Vp ' -1
Cldiaan, lntliaiiapi.il- .1 I.oiilallIe rtollwar
1 I iillli..lia ,
I Hy II It. Imrrlp. I'refHent
I'I1VVVI,VM IOMPWV 1,1'AlltN.
1 111111 a1, Pin mm 1 i:t'r t mum
( ,t fl, Htlll- "I'.' MtllKIMi 197.
! 1 . i . 1 . f . .','a.jt cnfa, Sep
ten. r '- 1 1 11 -le'tal Htreeroerl
rli'al ll ,nii ' . n ra sped In
1 nt-a t' fiat "' ib-o e. - p 1' f.ir .e and
1 tfei'vffv f in ' 1 1 .- ttt a rrice not
evarh'ir p.ir ai.t iiit..-a-' tc Ihe aum of
I -o ihe aum tii.-j 1 ,vn'' a to smwnr Fund
,l't tepC.a-a a'llll".' -ic.-lfl' ll'jmbere of
1 e.1 it. a e"r-.. t n. ' a-i,l lo CIHARJ,
Tltc (OMi'lM r- -e Mnkln Flint
Pf l'ie 1 , m a t ftni' 1 v ,. . i-autred ft, IV
Cent Tru," t'e-.tl -c - f ' will b
received nai l a p. 111 . Mm '."J. IHpl. Accepted
certllicile, nuai be da ivcre 1 f.n ,Inne 1st, or
aamritv male t 'int .liv f r,'o..'r1, that d
livery w.ll oa n. 1 ' w -i r 1, laja
01KUI Tld'tT . ,t i . s Y huate
1,1 ..(i,r ; si m 4 T-fiaureT
Phlla 1e,- h.H, I a . M ji . u a
nn: iii.i mil r ri.rt imr i:rLv.r.
-nil. in 11:1111 i:111 v
I Dili lllll 1 imi in it 11.vv tv.
I :pt-e l ll " ' k -n I Plrtt
Conei'iMUrd M I K-'i- I I Id " Mi 1
l H.r-ia of TIM I' not 7 '"1 '"''"' '
I HAII.WAV r.ui..l e ,1. . pi '
, doll'! ' 1" i ) i, i. 'h i -li f . ' fl e i
are pelade Ji'M - Ji' If '
1 hoMert. ,'f i 1 t ' l -aa- i " at e a'
I -he fanlrill Tt.i thm "f S ' Vorl.
l We'' -'reef i v r ty 'hv
tt'tj,, ilia vi'n 1i't aril h.i tha
' the llitereat Ipr ' -1 1 ,T an 1 da'a
should he ij, " ' c" -t'oit In tha
I tiaual I0,llltr
t' I HW4Hfl-, Treaa'irar
i pat".l. Pt'rnlt Ml i. Mil 1' . tl
i'mik ,v 1 1 1, I'f mi),
f!7 Heat tJtltl l . Sen orU.
Mf 1 'I 11)
Purauan lo tl. le-ni- of it.. Ii'.Jentur
en'eret w'th '?i- ' ' e r it Com
p.mr, a, Trust-a- re,,ii!-1' K 11 a --a .arnptlon
lifill csneilatti f f.' i l' liti'ie ratal
At nif'itil ' I i.t ,i II. I Jllll
lt, 11 i ' ' H " "f till
amount ' ' )' ' t" I . I t Cforl at
now Invite 1 h i '! i . - t mi la Mai
Uth. I'I'. et
'',. i 1 mil
lv ,! -- ii . Tra. trer
a s.i.i:MN iNtni nr
. niiNii imi si mi, i norr.
i.n i i' in i ii t i t i,h is in r
I'I'IIII Ml IMI II It 11 s. u I I II
Itri'l III M l llllllfl as IHIMIH
I' II llll ' 1 . , 1 1 I
KI.HI Ml I li'S Mil l( I .
. INSPIRATION CONSOLIDATED CCPPEH CO.
,1 r. It', I .iniarlitite llt'l'eiitu, e llttntla
lit .' .I'll, I t i
I ' 1 i" ' ' c
I Nc'li-a la I . . ' te 1 la
lltl'-.a VI ef 'i- A.-- " ,'.J J,4.
1 Et. Ut. 1' ' i I I'.'P ' te-Ol'
ila'al ' tpt'- '. a' ' 1 1 ', , ., Tin,,
i 'o pal V I H ' ' I I' -t -a . , ,L'
l.'l.iril' ' 1 rua' '-' P-i'V - rt'k a
, 'r'lf'aa if ii r-la". ,i' if taa ,a .filer
nut in ttlti Ii - la !-" t. i .
to 'fair't on 'h o ' 1 ll.it-a I ft r t
tlollala i HI .lO'l. ptr i. ... i- ' la'
, i n l at ' 'r'a ' t loir ,e I ii i ' a t . ' aa
ml'. '. . Ml.. "a ll!l l I" I' Mir
MUSI. i 1 ' i Mi "1 i '- . '
; i ' . -I
! ir. ' .t p topi i
If'ar ,1 . " 1 i ' t. ,
It.M .1a .' a
1,1' . I I ' , 1 I - "
V '
It! II 111! I l
t,l' t "l
1 a
na
, i . , ti ii hi a
. " I'.Y i " ..liW
. HI, . I'r-.' !llf
I'll i tit siis mi in ii in. sr.
'uu tn i nn n i, is 1 1 1 i i' t n , .
lilt ll.ii I. sural l in. I
A 0 , ' '1' '
ahar' v
alp k I
'" . .
o.i i. '
b, ntal 1
j n ti v i
I M pae
ppltal
4

The sun. [volume], May 18, 1916, Page 13, Image 13
About The sun. [volume] (New York [N.Y.]) 1833-1916

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

The sun. [volume], May 18, 1916, Page 13, Image 13 About The sun. [volume] (New York [N.Y.]) 1833-1916

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

The sun. [volume], May 18, 1916, Page 13, Image 13
About The sun. [volume] (New York [N.Y.]) 1833-1916