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The Sun and the New York herald. [volume] (New York [N.Y.]) 1920-1920, May 08, 1920, Image 16

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THE SUN AND NEW YORK HERALD, SATURDAY, MiAY 6, 1920.
BRUSSELS MEETING
NEEDS U. S. TO LEAD
COTTON MARKET,
'Success of
Coiifcrciico DopiMids
Tin's Country.
mi
Tho cotton market developed weak.
umlertonn In yesterday'rilato trading and
was ratlior unsettled In cenernl appear-
Innce, tlio result of uncertainty on Ilia
, I part of Wall Street longs owr outside
Wni-lil Kiiinilfiill ' 'ot- particularly tho unfavorable
HOI 111 1 IIUIIILIHI , .l nml.milnt nn itftmtlnn.
I Hulls felt Insecure In tlic face of tlio
wave of economy developing In this
country nnd many of tlicm lightened
i their commitment. Liverpool cables
. I feomowliat better than due? spot business
' lit tha't centre bclntr fairly active. 1.000
rrn nl.' lll.'l.l) THIS MONTH ali changlm; hand Brokers with
hero, and undoubtedly a factor In cuus
IiiK the opening firmness. Weather neiva
before the opening 'ns rather bullish,
but the official map, posted later, wan
not us bullish as had been expected,
Tliery wns no precipitation of Impor
tance In tho Kastem belt nnd showers In
Texas were, of course, beneficial.
'At the opening hero the list was 10 to
2!t points ocr Thursday's final prices,
spot houpos being early buyers. The
first half hour was hardly over when
pressure Increased and the list Bllpped
off sharply from the opening level, July
was a steady spot In the lst throughout
the day and fluctuated erratically,
Tweiif.v-six Goveriiiuenls Have'
Been Invited Send Dclc
rncs to Congress.
Whi'tb' i' t lie World Financial Confer
inco nl Krutsels Ibis iminlb will result
In somo concrete benefit or only In an
ill ray of statistics and economic plati
tudes depends entirely -on the United
States. ,
InvltatJons have been sent by the
Council oC tlio League of NntlonB to
twenty-five governments besides ofli'
iiwn, giving them tho opportunity of
bending delegates to the conference.
I'he Uovernmcnts include Argentina,
Australia. Uclsium, Brazil, Canada,
I'hllo, Czccho - Slovakia, Denmark,
France, Greece. Holland, India. Italy,
lapan. Now Zealand, Norway, Poland,
I'ortugnl. Itumnnia, Serb-Croat-Slovene
Jtate. South Africa. Spnln, Sweden,
Switzerland ami the t'nlted Kingdom of
Ureal Britain and Ireland.
An alphabetical coincidence puts Eng
land, tho strongest of all those nations.
tit the end of the list. But a glance over
It shows that all of them except, Japan
tic In some way, territorially or In an
i-conomlc sense, subject to England's
will to a greater or a less degree.
Several allent points to be .remem
iieretl in connection with the conference
are:
1. Before any solution of the economic
problems can be found the nations that
:pcct to benefit must subject their finan
cial operations, even the framing of their
governmental budgets, the size of their
armies, expenditures on public works,
fcc, to the domination of the nations,
agreeing to render nld.
2. Along with a plan for extending ad
ditional financial assistance must run
ollstcrnlly a plan for taking care of ex
isting debts, public and private.
5. The true Internal status of the
V'entral Umpires must be fully revealed
or it will be Impossible to tell how much
ktild Is needed or how rapidly credit can
Jbc turned over.
I 4. Indemnity payments. by the Central
iKmrAVcs and a method of tiding France
liver until ,she can receive1 payments due
Jier will have to be settled to give go'
trnments and business men a basis for
alculatlng their actions.
5. Agreements must be reached on tar
iff laws and terms on which goods will
Ibe exchanged over the boundaries of
the new succession elates of .ustrla,
las well as between trance and uer-
many. Otherwise interminable difficul
ties will "arise. The Iron deposits In
northeastern France are now largely
fuaele'ss because the smelters are in Ger
many. Tre smelters are nonproductive
iwithout Iron deposits. The people of
Austria cannot work and produce with-
ntit thi fnndstuffs nml fuel from Czecho
slovakia and Jugo-Slavla.
6. A definite policy with regard to
Hussla. should be worked out. Unless
a fixed goal is placed ahead of all the
nations of Europe, reasonably assuring
a settlement of the question of Bol
shevism, that continent will be in tur
moil for years to come. Europe's future
hope lies largely In Russia.
7. rending the consolidation of Euro
pean resources and the restoration of
normal production, a largo reservoir of
credit, negotiable. In an international
'sense, must be found.
Tho important parts of this summary,
so far as the United States Is concerned,
tJ . -.. i if.i ::
liju ptuubictjjiia inu anu swell. yUjluui
(America's cooperation It will beMmpos
"clble to fund existing debts or supply
"iev credit negotiable In an international
(sense. All other obstacles canlbe over
come -without America. England al
ready has power to recommend and al
"inost enforce military and governmental
Economy In all Uurope. The tSfitlnerit
dives to-day by English credit. fcrfeTBrlt
ish banks, however, as well asj&eyBov
Jernmcnt have their own cousf&y's re
construction plans to handicap them,
find therefore the supply of ngtv'credlt
t3 limltrx. To go on Indefinitely extend
ing additional credits to the Continent
(Would mean ruin to the pound sterling's
tlntomatlonal buying power. The help
-thus given to the Continent would de
treat Itself.
From America Is required only the
Assurance that we would agree to a plan
jio nuance our own exports to cucope on
to. credit basis until they shall be able to
JIay. In the hands of the proper bank
ing diplomats there need be no fear that
America would have to sacrifice any
thing. Nothing more than the moral
support and agreement of the United
States Government would be required.
Cancellation of allied Indebtedness to us
Swould cease to be talked about
J By delaying to cooperate "in working
out a scheme for European rehabilita
tion. America Is diminishing her chances
of obtaining an early repayment of these
Jdebts. If we wish to obtain payment It
vui do necessary to adopt tho attitude
jpf a bold creditor who does not fear
llo risk further expenditure to redeem a
jbad debt.
BUY $2,500,000 S00 NOTES.
bankers Will Offer Isnne of 7 Per
Cent. Securities at Par.
f Wm. A. Read & Co. have bought an
Jlssuo of $2,500,000 of Minneapolis. St.
Paul and Saulte Ste. Marie Railway
Company 7 per cent, equipment trust
TJoId notes and are offering them for sale
Sit par. The Soo is controlled by the
JCanadlan Pacific Railway, and In turn
aiontrols the Wisconsin Central, which It
operates as a division In ta-Chicago:
The notes are tho company's direct
obligation , and arc issued against new
equipment, whose caah contract cost Is
piore than 33 1-3 per cent In excess of
the amount of the notes, the pledged
(equipment' consisting of twenty-five
freight and five switching locomotives,
B00 box care, six sleeping cars and air
(baggage cars. The notes mature In
nnnual Installments of $250,000, begin
ning on Juno 1, 1921, and ending on
June 1, 1930. i
Floor feeling was more bearish than It
had beoii for hoiiio tlitiu. Tim i eduction
In wages by I'aterson mills was pointed
nut As nn, ominous flnuer towwrd the
much talked of coming deflation nnd the
sluggish stock market was also of
bearish Influence.
' Only tho new crop months showed
any pronounced move toward lower
levels In tho curly afternoon nnd not
until tho last hour was It extended to
the near positions, May nnd July. The
recent decrease In the export movement
wan not encouraging nnd private nd
vices gpoko of continued dull spot mar
kets In tho South nnd spinners buying
but little. Business on the wholo wus
moderately active, Local Interests were
the principal lato sollertt. but there wus
scattered pressure from Southern
sources, the market closing nt about
Its lowest level, off 20 to 72 points, and
spots quoted nt 41.10 cents, down 40.
'Ttang-e of prlcMt
uprn. Illgli, Ivaw. Ulasn.
40.00 40.70 40,10 -10.10
May ...
Juna ..
July ...
AukiidI.,
Kept....
October.
Nov
Dec. ..
Jan. ,.
Feb, ...
March. .
.13.3.1 38. IW 33.0.1
30.DO 30.83 3.1.K.1
3.1.0.1
S.1.31
3(,7!)
3 I.B.I
Liverpool Cables Spot cotton quiet
tlrm nt -v points advance; mmming.
3.V02
3.1..1.1
3I.T0
31,83
31. IIS
3I.W
34.70
33.88
311.10 N
3ft.ft.M0
:it.(k
::ii.3.i n
.'1.1.8.1-im
.H.iSO N
34.9S-33.10
34.30
31.1.1 X
33.88-WI
Tliur
i'av. ni.rn
.'10.4.1
.".H.'J.'I
:i7.'J8
37,00
::n..it
:uvn.i
.'1.1.118
.".3.12
34.8.1
3 1. CO
and
(1.33(1.
8al, 4,0001 AmHKni. 3.000! Import.
0.000: American, 1,000, Futures , opne1
quiet at 7 lo 10 points advance and closed
liare ly steady nt .'I to 22 polnta decline. May,
n.Knd.i Jul. 2.1.20.1., (K'tober. '.'Ii'JM.j U.
cember, 2.1.r,ld.i January. 23.,V,d. Mancho
lor Yuma Irreuulari clotln quiet.
CONSOLIDATED EXCHANGE.
An advance, of 8' points from the
early low of Atlantic Oulf owl West
Indies to 173. and one of 3i to 42i In
Texas ami Pacific were the chief features
of the final hour of yesterday's trading on
tho Consolidated Slock Exchange. There
was marked Irregularity In the balance
of the lUt, oils rellectlng an undercur
rent of strength, whllu steels, equip
mcnts and specialties gave evidence of
liquidation at lower figures.
Itoynl Dutch New York waved up 2
to H6',i, Pan-American 2 to 87, Mex
ican Petroleum 1 to 177 and Texas
Company to 49. United States Steel at
Its minimum receded to 04 9J . Cru
cible 10 lo 134, Republic 2',i to 9S',,
Bethlehem Steel H 2',i to 94, Replogle
2'i to SSBaldwin Locomotive. 2i to
115, American Locomotive 1 to 94?i,
Tobacco Securities 1 to 58 ft. Studa
bakcr Pi to 79,'t. Plcrce-Arrow 1 to
68 and International Corporation Hi to
89. '
COFFEE MARKET.
MISCELLANEOUS MARKETS.
SUUU'C TEUM NOTES.
Sn-urilv - Kate. Due. Ill
Amt'oMonOU. ... 0 Sept 2.'24
ArarelSTei. ...
AmTelfcTeJ O
AmThrcadCo....ll
AmTobaccoCo.. .7
AtnTobarcroCo. . 7
AmTobocroCo. . . 7
AmTobaccoCo. . , 7
AnaeondaO'opCo.o
Ang-AmOIICoM 7.4
Armour&CoConvB
lleth8teel()rp...7
DethSteiMConi. .7
Canadlanl'arl;y..U
CentralArglty. .0
CllftQItltilolnt).!
CCCASLIlyCo. .
CubAm.SulLlen.
Cldalirl'k;o-..7
Urlillndltlt ...1
!.FnlHugllerCo...B
iienKiectncv;i)...o
ClreatNorlty .. ft
Oct. 1023 04)4
Feh. 1024 03)!
Dec. 1028 06
Nov. 1020 00','
Nor. 1021 ' VOW
Nor. 102'J 00 K
Nor. 102.1 00 U
Jan. 1020 SB
Apr 1925 100
Junel.1.'20-2io7
July HV23 7J
July 1J.!23 07 1
Mar. 2,'2A v.1 i
Fell. 1M7 fj
July 1021 t4)(
Jnly 1020 82
Jan. 1D21 IWi;
July 1523 07 1 1
Aug. 1020 00
Nov. 1024 U2W
July 1020 oot
Ncpt. 102O 08li
Apr. 1025 9.1ft
July 1021 05,
July 1022 04
July 1023 04
Mar. 1024 OO
Sept. 1021 70H
Nov.16,'23 02
Feb. 19SU 01 H
Jan. 1020 87
Uec. 1021
UFO Co Conv ..7
UuirOUCorp....
tJulrOltCorp 0
RuiroilCoru 6
lloclctng ValK 11.. O
lttTCoConV....7
KanCTerIlyCo..8
KenneoottOopt'o . 7
LacledKlLlst&It.7
LlKgeU&MTob,.6
N'CntralHn...6
IhUdeltihlCo..0
I'ennsyhantaCo..4)$ June 1521
iTuciurttuamoiv., .uv, ivn
lrocterJkUamblc.7 Mar. 1022
lrocter&llamble.7 Mar. 1923
PubSerCpNJCnv7 Mar. 1022
UJKeynoldsTob..0 Aug. 1022
SouthrrnKy O Mar. 1022
Sll'aulLnUCiuar.S); Dec. 1523
HwtfiiC'o, . , . .B Aug. 1521
ThnTexaCo....7 Mar. 123
UthSecCorp....C Hcpt 1522
1ViatKICo.conv..7 Apr 1925
Hept 1623
rco. l2a
01 Ji
uol
Apslo-Am. 23
All iter. .IUoO
do pf....l03
Bome-Scr..430
lluck PL.. 91
dies M C.22J
do pf;...100
Conttnent'1.13.1
Crs V It. . 30
C I L lnc.l.'lO
Kurvk 1'L.llU
Ual-SIc ... 112
do p( old 07
do pf nw 9t
111 V L...16.1
lnd P I... 90
Int Petrol. 3.1
Nat Trans. 30
N. Y Tr..,133
North V L 94
Ohio 320
STANDARD
llld. Ask,
Pa Mex F.
Pierce . . .
do pf. ...
4il
18
85
1130
104
480
93
240
104
1U3
32
140
11.1
ik)
102
98
10H
93
37
31
IriO
08
325
in
ss
OILS.
Bid.
Pr OiG....r0
Pr P L....203
Solar Het.. 380
South P L.12.1
South r...290
S V Pa PL 65
Std of Cal.325
Stil of lnd. 690
Std of Kan. 370
Std of Ky.38.1
Std of Neb. 483
Std of NJ.C35
do pf....l01;
Rtd of NV.U4
Std of 0..4M
do pf....l02
Swan F. 90
Union Tk..l0S
do pf.... 98
Vacuum ..373
Wuhlncton 30
Std aubsld
en bloc. .1740
SUGAR STOCKS.
Hid.
10
70
Card-Am
do pf..
Caracas
C Agulrre.123
Central ... 34
do pf.... 73
Fajardo ..202
Federal ..10.1
Gt West. ..470
do pf....HG
Guanta'mo 93
New.
Aik.
23
80
n.i
12.1
3d
80
207
110
4S5
119
97
Bid.
Godchaux S 39
do pf.... 90
June Cent.. 140
Mat-Am.... 20
do pi.... 75
Michigan... 11 !4
National ..104
N Nlquero.230
S Cecilia.. 17
Savannah.,
do pf....
67
95
AiV.
603
210
400
13.1
29.1
70
.130
700
690
400
300
090
101
418
483
101
1UO
112
101
383
33
Ask.
61
94
Vil
80
i:4
167
is
71
97
CnEMICAL STOCKS.
Bid. Ask.
28 30
52 M
109
50!
Am Cyan.
uo.pt
By Prod.... 10.1
Caaeln'Co... 40
T)ov Cliem.223
Pu P Ch Pf. 8(J
Fed Ch 100
do Pf
Graj.-HU
do pf
9
103
9.1
14.1
iw;
Hook Elec.
do pf
Bid. Aak.
no pi . . , ... u.)
MercktCol pf 91
Ky Solvay... 80
Merrlmac ... 8.1
Mulford Co. 48
Nlag Alk pf. 90
Semct S 130
Solv Process.180
70
70
96
110
90
S3
100
160
NEW TOI1K CITV IKI.ND9.
1 leld
Form. Rata nnd Mat. Illd. Asked. About
Inter. 4(a, .July, 1907 93
Inter. 4Us, June, 1905 93
Inter. 4tf, March. 1963... 93
inter, ilia, Nov., ;i'57 n.l
Inter. 4Hi, May. 1937 113
Inter. 4Vi, April, 1066.... 86
Inter. 4H, March, 1901... 86
Inter, 4Us, March, 1902... 8d
Inter. Ilis, Sept., 1060.... 80
Inter. 4'i, 3Iarch, 1900-80., t
Inter. 4a, May, 1939 , 8.1
Inter, it, Nov., 1938 8.1
Inter. 4, "May, 1037 8.1
lleglstered 4, Nov., 195(1.. 83
Registered 4, Nov., 1933.. 83
Registered 4s, Nov.. 1930 . 89
Inter. 31is, Nov., 10.1.1.... 76i
Inter. 3l,s, Nov., 19.11.... 7(P4
Reg. coup. 3'2 May. 1951 Til'i
94 !i
IM!4
94
till,
88
88
88
88
88
83
8.1
85
Ml
Ml
Ul'i
78
7H
78
4.80
4.80
4.80
4.80
4.80
4.90
4.91
4.92
4.03
4.I13
4.80
4.86
d.8rt
4.81
4.82
4.75
4.82
4.82
4.82
CoUpon 44s, 1924-1932...,
Coupon 4ijs, 1919-1923..
Coupon 4Us. 1924-1931
Coupon 4U, 1920-1923
Registered 3H, 19IO-I953
Registered 3!i. 1030-1939
Regis, roup. 1922-1929.,..
Regis, coup. 3(i, 1919-1921....
Registered 3s, 1940-1933
Registered 3s, 1920-19.10
Registered 3s, 1919-1923
-run-
IU.I. Asked.
...1.20
r,.2ii 4.90
, 5.20 ....
. 3.20 4.90
. 4.80 4.115
4.90 4,70
4.9(1 4.70
4.90 4.70
4.90 4.63
4.90 4.G3
5.00 4.03
NEW YORK STATE BONDS.
NEW VOKK HANK STOCKS.
Bld.Ask.
..X
215
..280
. .201
..420
590
...10.1
..390
..250
..21.1
..3.10
..120
290
2is:
iio'
100
ico;
4401
293
610
315
Yield
Asked. About,
Form. Rata and Mat. Bid.
Coupon 4Hs, Jan., 1964.. 10i 10.1
Regis. 4ij. Jan., 1M4 ..Km 10.1
Coupon 4tts. Sept.. 1903.. 100' 103
Regis. 4s, t-opt.. 1903 1IH1 1U3
Coupon 4Us, March, 1963 PG
Regis. 4Hs, March. 1963. 95
Coupon 4Us, Jan., 1963.. 96
Regis. 4!is, Jan.. 1965... 9.1
Coupon 4!js, Jan.. 1945.. 18,
Regis. 4Us, Jan.. 1945... 93
Coupon 4s, 1900-7, J & J 91 94
Regis. 4a, 19C0-7, J it J. 91 91
Coup. 4s, 1938-67, it & S. 91 94
Regis. 4s. 1958-67, M 8 91 91
Coupon 4s, Jan., 1940... 91
Regis. 4s, Jan., 1946.... 91
Coupon 4s, Jan., 1942.... 91
Regis. 4s, Jan., 1042.... 91
lTULIC UTILITIES.
Sates. High. Low. Bid.
780 Cities Service.. 353 348 331
1070 C S pf 07H 67 67!i
1142 C K pf B Ci ll'i 4
S957 O S bank ens. M, Si 38J
51800 C S deb C... fJ!i 9ti 97
llld. Ask. Bid.
Adlr Elec. 10 13,
do ct.
Am L4.T..1M
do nf... 83
Am GE..113
do pf.... 57
Am 1'iL, . TkS
do pf.... 70
Am P U.. ..
do pf....
Am W W. 2
do 1st pf 40
do pr pf. 5
Appalach P 2
do pf.... 20
Car PRtL. 34
C St Elec. 9
do pf.... 4.1
Col Power. 10
do pf 92
Com'uealth
PR4L .. 19
do pf.... 41
F.1 BS pf. 83
EmpDB pf 60
EGiFColst
ft coll 6s
1926
76
155
86
117
39
63
73
20
30
5
4.1
9
6
25
35'i
12
50
14
9S
21
46
90
70
9G!i
Bfitr Co
0 convt
nts 1921.. S3
do 8fi pf
stock .... 85
Fed LIT.. 5
do pf.... 43
GU Sec.. .300
do pf.... 75
N Ont Lt.. 10
do pf.... 50
N O Elec. ..
do Df
N States P
do pf....
Rep IUL..
do pf....
S Cal Edl..
do pf....
Std GIK...
do Df....
,TennRLP
4.33
4.35
4.3.1
4.33
4.31
4.31
4.31
4.31
Ask.
3.MI
S
7
My,
M)
Ask.
do pf.... n
Unit Lin.. 2t
(lo 1st pf. 59
West Pow.. 14
do new pf 38
SS
83
8
46
400
83
14'.i
5.1
18
55
Ml
85
17
52
84
101
18
39
21
62
17
02
TOBACCO STOCKS.
Bid. Ask. I
Clgar.,121 1331 P R-A T.
Bid. Ak.
..120 1.10
I
Am
do pr so s,i io scrip... .10, 110
ATob dv scp.1 S3 1 9.1 RJ Reyn A . . .600
G W Helme.163 1 70 do B 510 523
do pf 96 lOO! do pf 100 102
J S Young. .125 133 Unlv Leaf. ..175 200
do Pf 90 100 do Pf 100 108
MacAFb...l53 J6.1 Weyman-B...160 170
do pf 85 90 do pf 95 100
OUT OF fOWN MARKETS.
America
Atlantic ,
Am Esch
Battery .
Bowery .
Bryant Park.. 150
fi'way Cent. ..150
Bronx Nat. ...150
Hutch t D... 3.1
Chase 4.10
Chat P 281
Chelsea Ex, ..12.
Chemical ..
Citizens Nat
Oily
Coal 1 1 011
Commerce ..
Colonial ...
Continental
Columbia ....180
Corn i:xch...4IO
Cosmopolitan.. 112 1251 Public
l omnieiclal E.42.1
Coniinonw'h. ..215
Cuba 180
Hast River.... 160
Fifth Nat.... 160
Fifth Ave 925
First Nat 930
Foreign Tr 11. 70
Garfield Nat
Gotham 190
Greenwich .,..275
Harrltnan ....300
Hanover ..,. .815
Industrial ....203
Imp Trad... 540
Irvine Nat.... 20
Liberty 390
Lincoln .,.,...273
Manual Co. . . .230
Mech t M 313
Metropolitan ..340
Mutual 490
400,N'at American. 150
...INew Nelh 19.1
220 N Y B A 460
... X V Co 125
...Park 720
200 Pacific 133
450lProduce Ex
...35.1
Seaboard 650
Second 423
State 205
23d Ward 160
United States.. 181
Union Ex..... 173
(KiOIWaah His 323
YorkMlle 375
Uld.Ask.
245
200
225'
190!
170
80
3S0
570
203
400
28.1
240
32.1
360
203
.480
133
740
375
073
475
215
195
18:
t JPhe coffee market openotl yeatorday
witli nn ndvanco of 7 to W points on
contlnuunce of the buying movement,
which carried July to 15.75 and Sep
tember to 10,24. That nJvaJico wa fol
lowed by a renctlon which carried July
to 1B.50, September to 1C10 nnd Decem
ber to 15 during tho mlddlo of the morn
ing. It took prices to within ft point or
two of Thursday's closing figures, nnd the
early advance apparently attracted con
fliderable roaming. In tho early nftemoon
a fresh wave of buying sent prices close
to tho day' best. Private advices re
ported a higher Itlo market, nnd later
nio firm offers came 30 to 00 polntfl
higher, Tt being Irregular, sotnio hero at
18.80 cents, prompt shipment, and others
at 19.30, June-July-August shipment,
both sterling credit. Two special cables
wero received during tlio afternoon, the
first roporting Santos futures an un
changed to an advnnce of 126 rels, the
second m 50 to 150 rels lower, but they
failed to havo much effect on ,locai Ben
timcnt. Final prices were 11 to 18
points net higher. The local spot mar
ket was firm and lfi better demand, with
Wo Tfl quoted nt 15i centa.
Ilane of Dr eca: imirs
Open. Hlsh. Lowt. Close.
Mny 15.23 J3.30 10.2a la.Ji-ii;
Juno
July 15.70 15.75
Ai'gust ....
Hoptamber, 15154 15.2.1
October ..,
November
December.. 13,10 15.13 15.00
Januaiy ,,,..,. ,,
February
Match 15.10 15.15 15.00
April
fnffA rtlhliT1tn tt'fll
7s, nt 10$!)00. Doll ir rate 10 lower, at 31750,
Kxclianee. Ad. hlcher. at ,18Ud. Receipts,
9,000 bagf, nhd atock SlJiOOO baga. Bantoa
was unchanged, at llfOOO to IOS000 for 4a.
Futures, 7,1 reli lower to :23 rels higher.
Receipt. 5.000 bags, and stock, 2,333,000
bag. Receipts nt the ports were 14,000
bags, against 12,000 last year and 39,000 two
years ago. Sao Paulo had 0.000. against 4,000
nnd 28.000 nnd Jundlahy, 5,000, against
1,000 "and 27.000 bags, respectively. Cleared
from Rio, ln.OOO' lngs for New York.
BRAZILIAN COFFER STATISTICS.
Business Troubles.
15.50
13.10
15.40- 47
15.01-62
15.41- 42
15.21-12
15.16-17
15.12-13
15.00-10
15,09-1(1
15.01.10
15.09-10
15.09-10,14.08
:00 rela hlRhex for
day.
15.J0
15.34
15,49
15.23
13.07
15.04
15.01
14.9S
14.93
14.98
14.98
In the Unlfed Wales
John C. Knox appuloted Thomas H.
na receiver for the Savole French
Shop. Inc., restaurant. 01-33 1 l'.at
TRUST AND SURETY COMPANIES.
Bld.Ask.
. 80 ...
Alliance .,
Am Trust
Am Surety.... 73
Bankers 36.1
Bond It Mtge..230
Brooklyn Tr..490
Central Unlon.38.1
Columbia ....340
Commercial ..14.1
Empire Trust.300
Equitable ....295
Farmers LtT.400
Franklin 223
Fulton 260
Fidelity 222
Guaranty ....330
Hamilton ....25.1
Hudson T 160
Kings Co 630
Lnwers M...12.1
Sei N. Y. Title
78
37.1
210
310
39.1
313
Bld.Ask.
Lawyers T....135 14.1
Lincoln Tr 175
Metropolitan ..270
Mtga Bond..., 87
Mut T of W...10.1
Manufac'rs ...20.1
Mer T 310
Nat Buret.... 190
ItVIiU T..730
INew York Tr.620
N Y Title 140
Peoples 273
Realty Asso. ..105
Title G 4 T....373 383
United States. 830 800
IIDIt T....4I0
U S Title Guar 80
Westchester ..135
West T t M..105
290
92
125
19;
14:
115
420
83
173
Mtg. Co.
MISCELLANEOUS STOCKS.
Ask. Bid. Ask.
50 Int Sllv pf. 91 97
96 Leh V C S. 87 90
48 Lima L pf. 8.1 93
73 Nat Casket.100 115
163 Norton 1 pf.100 103
90 NJZ nw at.275 281
.. Nwn L pf. 98 101
a O'Neill pf.. 98
43 Phelps I) 215
81 PrattiW pf 95
35 R XSk Pdr..130 140
61 do pf.... 83 87
Paf H L, Ul 6.1
90 Singer Mfg.127 130
Stern B pf.101 101
. . St L RMtP 40 47
109 Stoll Ch pf.100 1031,
-9.1 S D Warren
79 prprf..,100 104
70 TPC new. 78 79
16.1 V Raalte Co
Inc 33 40
99 do pf.... 73 80
165 Valvo pf...lP0 101
143 Will pf.100 103
90 Yale fcT... 260 273
Bid.
Amalg Lth 48
do pf.... 88
Am Chicle. 40
do of.... 72
Am Mfg.. .100
do pf.... 87'i
Am MF..100
A Thrd pf. 3'i
Am Tjpe F 40
do pf.... 84
A I) T N J 25
Atlas P C. (10
Barnh Bros
iSpIn 1 p 85
Barnh Bnn
tSpIn 2 p 6.1
Bor c Mlk.lOtl
do pf 91
Bush T pf. 71
City Invest BO
(lulold...l.V
Chllds Co.. 90
do.pL... 95
DLtW Co. 155
Ilrap Crp..l40
Fisk R 1 p 93
STEEL AND ORDNANCE STOCKS.
Bid.
Am Brass.. .210
Atlaa Pow.. 168
do pf 81
Bab I W1I..114
Bliss, I! W.390
do pf CO
Carb steel.. 9.1
do 1 pf...lOO
do 2 Pf... 70
Colts Arms. 52
Du P Pow.320
Ex dividend.
Ask.
216
17.1
87
118
4
70
10.1
110
73
I
Blit.
East Steel... 83
Emp 8 t I,, ..
do pf 80
Here P 220
do Df 100
Nlles-B-P ...lfl
do pf 9.1
Scovlll .Mfg.. 401
Thomas Iron 40
Winch Corn 42.1
330iWoodard .. 4.1
Ask.
90
.10
85
228
103
109
430
45
475
50
Sales.
ll A 1 z Cm
1230 Die Heart 11
300 Butte Bal .... 1!
87 Calumet A.. 02
2.1 Calumet t 11.. 320
1.1.1 Carson 20
198 Copper Range. 40
BOSTON.
MINING.
Open. High. Low. Last
11 11
11
li
62
320
26
Wi
4
9i
13U
4
9?i
13
31 Daly West..
10 Davis Daly.
37 East Butte..
300 Helvetia 2si 2'i
135 La Salle 24 2'-i
110 Mass Con 4 4
60 Mohawk (IVJ, r,t;
315 New River.... 25i 27
3.1 New River pf. 85 85
90 Nlplsslng 10 10
753 North Butte... 20'.; 20(J
10.1 Old Dominion. 29 29
11 Qulncy 57 57
50 Seneca 14'i 14i
25 Shannon Hi K
45 St Mary's Ld. 43 43
7.1 Sup & Boston. 4i A'',.
150 Trinity 1ft 1?,
20 U 8 Smelt pf. 45 4.1
450 Utah Metal ..2 2
f.0 Utah Apex.... 2U 2'i
20 Wolverine ... 18 18
RAILROADS.
30 Bos I Albany. 125 12.1
Boston El pt. 82
1105 Bos It Maine. 31
20 Bos & Me pf.. 40
1411 N Y N H H 29!i
153 West End .... 41J 41V4
7 West End pf. 53 53
MISCELLANEOUS.
II
10'J
6
cm;
315
25?l
40
4
S'i
13
2
2'i
4
01!i
25',i
81
10
20
29
57
14'i
1H
42W
4'i
l"i
4.1
Hi
2H
17!i
11
10H
r.
OIK
115
26
40'i
4
9'i
l.l'i
125
33i f.14
40
.13
London Wool Market.
Condon, May At the closlrur of
the wool auction sales to-day 11.700
fbalcs were offered. The session closed
(quietly. Fine merinos and crosSbredfl
rncre 5 per cent, and occasionally 10 per
ecni. aown, ana other grades from 15
to 20 per cent lower. America bought
6.00O bales, the home trado 95.000 nnd
he Continent 35,000 bale3 during the
sales.
Report Land Bank Dili.
.Washington. Mar 7. Joint stock
land banks wouldbe permitted to liqui
date outstanding liabilities under a bill
terorted to-day by the House Banking
hnd Currency Committee. Approval by
ht least two-thirda of the shareholders
pf the bank and the Federal Farm Loan
Hoard would be required.
5i
14
29
10
. 86
. 29
. 30
. 33W
.103
15
41
91
44Vi
3!i
84
94'.i
100M
2H
4
28i
87
144
35'i
143
n7
58i
65
92'i
18
l'i
500 Am Oil It Eng r,(
1.10 Amoskrag .... 83
333 Am T t T 94M
09 Am Wool pf...l(lO'i
300 Host Mex Pet. 2!i
5 Century Steel. 4
2 Cumberland P 22
23 Cumb Pow pf. 50
mi Eastern S S... 2il!J
123 Eastern 8 S pf 86
28 Edison 114
490 Elder 314
1 General Elec. -ill
tf43 Gray -M
343 Greenfd TAD. 67
55 Int Cot Mills.. 62
3 Int Cot M pf.. 92K
114 Int Portland... 18
300 Int Products.. 24U
410 Island OIL...
210 J T Connor Co
C30 Llbby
10 Loews
50 Mass Gas 72
16 McEI'n 1st pf. 97
10 Mex Inv. 37
57.1 Nat Leather.. 12?i
18 N K Tel
150 Ohio Body...
49.1 Orpheum ....
10 Parish '.
10 Punta Sugar.
120 Reeee Button
200 Root
15 Plant Pf
45 Stewart
1040 Swift It C0...II6U 116U
147 Hwltt int 40V
81 United Drug.. 132
5
83
9411
iw;
2!i
50
26
86
143H
34
143
26'
57
62
921i
18
!4
2H
4
64' i
27
83
10
20W
29
57
14U
Hi
43
4K
&
IT.
2Vs
17ii
125
82
3.1U
40
29IJ
40U
53
5
8314
94H
lOO'.i
2',i
4
6 S 11-10
Cnatom Ilonse Itecelpt.
Receipts for duties at the Custom
House yesterday were J837.12I.80. of
which 1206.038.35 was for merchandise
withdrawn from tionded warehouses
pnd 1631,021. it for reemt Importations.
140 Un Drg 1st pf 49H
10 United Frult.,207
430 United Shoe.. 44
50 United Shoe pf 24' i
210 U S Steel..
1260 Ventura ...
615 Waldorf ..
40 Waltham
0411
15H
J35 Walworth ..
20 Wick Wire
36
20
26
BONDS.
$1000 A G W I 5a. 72
1000 Miss RiV PCs. 71
14
29
10
72
97i
3S
13
86
29',4
30i
35',i
10.1
15
44
94
44
104
40'i
132
49H
207
44
2IH
osy
15
2CH
36
20
72
71
137.
27H
10
7114
97
37
12S
8.1'i
29
29
35',i
10.1
15
44
94
44K
114
38
132
49ii
207
4.1'i
24!',
04U
m;
22H
36
1914
26
52
27i
87
144
34;
143
261,4
58'4
6.1
92!;
18
24
7i
27! 4
10
71H
974
38
12H
85(4
29
30
35 V4
105
15
44
94
44!4
111
3954
132
40!i
207
44
2414
04
15V4
22H
an
20
. 20
12 14 Seven Met. 14 16
40 60 SWMIaml.. 3'j 5
2.1 .43 Siiv Reef . 7 9
9 12 Texana ... 13 14
SO 40 IT Verde B 32!i 32'1
.1.1 45 Yukon 1 1U
21 23 'Full paid.
lloma Oil
Houghton.
Iron Bios.
Iron Cap.
Jer Verde.
La Rose..
Majestic.
I'llILADELFHLt.
Sales. Open. High.
2 Am Gas -42V4 42'i
120 Am Store 44 44
10 Brill 48 48
280 Lake Superior. 16'i Wi
200 Lehigh Nav. . . 63 fi
100 Mfrs Rubber., 'i
624 Pennsylvania.. 40i 40U
20 MIdvale Steel.. 45 45'
10 Phil Co0$.... .Ull 31'4
331 Phil Electric. 24H 24',
38 Phil R T 221,4 22'i
240 Tono Belmont. HI Hi
325 Tono Mining. . . Hi l'i
1 Union Traction 32 32
10 U Con N J. ...172 172
10 W Jer tSS 37 37
15 York Rypf.... 30i 30'
83 U G I warrants H
311 UG 1 46 46
BONDS.
14000 Baldwin 1st 5a 96 96
2000 Beth Steel 6s.. 103 103
2000 Inter Ry 4 30 30
10000 Elec It Peo 4s. 58U 5SU
1000 Leh V 6s, 192S. 06 9
1000 Nor Cent 6s, A 97 97
45000 Penn new 7s...101H 101;
1000 P. W It B 4a... 95U 931
2000 Phil El 1st 5s. 85 8.1
1000 Read gen 4s... 78U 78'i
CHICAGO.
Low.
42
43'4
4S
16
C2;
V
40'i
4.1
Sl'.i
24'i
22'i
HI
l'i
32
172
37
"It
46
96
103
30
Wrti
!W
97
101U
93U
8.1
7614
Last.
421J
4.114
48
16
C3
40 i!
43
3114
24'.
22'4
HI
HI
32
172
.17
30'i
4U
96
'S
58'i
96
97
101i
93U
85
78',4
US FRANCISCO MINING STOCKS.
DIVIDE.
Bid.
Allied DIv. 1
Alto Dl,. 3
Annex DIv 1
Belcher D. fi
Belcher E. 7
Brougher.. 13
Divide ... 1.62
Dlr Cons. 2
DIv Ext... 36
East Dlv( 2
Gold Zone. 18
Hasb Tono 6
Hennessey. 1
Horseshoe. 1
Ask.
8
14
1,73!
3
37
3
19
Junior ....
Knox
McN Crea.,
Myra
Reno
Reert ....
Rosetta . .
Royal ....
Toggery . .
Hiiver K. ..
Syndicate..,
Verdi
Victory ...
Bid.
14
5
12
High. Low. Last.'
BOSTON CURB CLOSING.
Bid.
Ariz Ext. 4
Ariz Sllv. 68
Black Ilk. 70
Bohemia.. 1
Boa It Mon 76
Calaveras. ..
Chief Con. 3?i
Cons Cop. 4
Crown R.. 2.1
Crys new. 26
Denbigh.. 21
Eagle H H
Fortuna... 2
Aak.
5 Mex Met..
73 11 Midway M,
81
1
4'i
4U
40
28
24
aiil
0
Bid.
15
CO
MoJ Tung. 7,
Monarch.. 45
INat
New Baltic .1
Nev Dour. 11
Nixon .... 10
Onondaga.. 20
Pilgrim .. 18
Pioneer ... M
B rarer P. ,.
72
71
Ask.
18
70
10
67
10
4
IS
14
60
in
1
25
1U
Sales. Open.
25 A Tick 41
100 Am Radiator.. 81
320 Armour Leath. KUi
125 Arm A Co pt.. I'ti'i
ICO Beaverboard .. 557i
100 ChlC fiCpf.. 0
140 Com Edison.., 104';
50 Dla Matrh....ll5
190 Godchaux 60
(15 Hot St L Sug.. 17
. 100 Hupp 19U
200 J I Case Plow. lH'i
6500 Llbby McNeil.. 29
COO Lindsay Light. 6i
275 Mont Ward.... 32V4
700 Nat Leather... 13
30 Quaker Oats pt 91
750 Reo Motor 2314
60 Seara Roebuck. 222
50 Shaw 77'4
1200 Htew Warner.. 4li
1400 Swift A Co....U6i
1500 Swift Int 41
S3 Thompson .... 31
800 Union Carbide. C4!i
200 United Iron.... 40
150 Wahl 4714
BONDS.
$5000 Chi Rya 1st 6a. CO?;
8000 Peo Gas ref 5s. 58
riTTSiiuno.
Sales. Open. 'High. Low. Last.
40 Am Roll Mill.. 5i; 51; B1; 51
173 Am W O Mcn.I20 120 120 12!)
10 Am W G M pf. 89
825 Arkansas Gas. 2214
150 Barnadalt C, D 4274'
245 Carbo Hydro.. Hi
93 Car Hydro pf . 3li
10 Carnegie L & Z 7 Si
275 Guffey Gllles.. 31
100 Hablr El Cable. 10?;
300 lnd Brewing... 4';
200 Lone Star Gas. 28
84 Marland Ref... 4H
20 Mfrs L 411... 65V4
100 Nat Fire pf... 15U
410 Ohio Fuel Sup. 61
175 Oklahoma Gas. 35H
SO Pitts Brewing. 7'i
1000 Pitta Mt Shaa. 43c.
. 50 Pitts Oil It O. 12'i
48 PItu Plate GI.107
7000 San Toy 3c,
100 Union Gas 123
CO Westing Air B.11314
4
81
16'i
96W
55Ti
6
lOlU
115
60
17
19'4
i9;
29
6!i
32H
13
91
o2.1U
"77'4
44
116H
41
31
641;
40
48
60?i
58
89
22
42U
!"i
S'i
7H
31
lo;;
4;
CO
4?;
6314
15U
62
33H
'X
43c.
12U
168
6c.
123
11314
41
81
111'!
IHIH
65?;
II
ion;
11414
60
17
i9i;
i8t;
32',;
12!4
91
23i
77'
4314
114
37;
31
6314
3914
4711
60-1;
5S
41
81
16'i
9614
65Ti
6
101';
11414
on
191;
i9;
27W
ii
32',;
1214
91
2.1!i
222
7711
44'i
11414
39);
.11
64 U
40
43
r
60K
58
Cash Roy. 7
Jim Butler 17
McNamara 31
Midway .. 8
Mlipah E. 8
TOXOPAH.
8
19
43
10
12
Mon Con..
North Star
Itescue
Tono Ext.. 1.60
West End. 1.63
10
5
17
Atlanta .. 2
Booth .... 4
C O D.... 2
Comb Frao 3
CrackerJ.. 10
Florence O 20
Gold Cons. 10
GOLDTIELD.
3
Amparo .
Arlx Unit
Kden 20
Mayflower. ,1
Nev Hills.. 1
Nev Wond lo
Round Mt. 30
Great Bend
Jumbo Ext.
Kewanaa...
Lone Star.'
R Hills F..
Sllv Pick..
Spearhead...
MISCELLANEOUS.
1.05
3
4
14
30
11
1.701
20
40
13
33
Roch 31..,, 15
San Toy... 5
Tecopa ... 7
Un Amalg. ..
White Caps 10
W 0 Ext.. 1
Yerlngton... 2
BALTIMORE.
Sales. Open. High. Low.
10 Amndle 3714 37!i 3714
200 Cosden pf... V, 3'i W.
2170 Celestlne 160 160 150 ,
1 Canton Co..., 161 161 161
50 Fidel Deposit. .124 124 124
200 Kentucky OIL. (114 t',14 'i
8.1 Md Casualty.. 73 7314 7:t
80 N Amsterdam. 23!t 23U 23'.;
BONDS.
$1000 City 3'is, 1940. 88'4 88'i mi
1000 City 3',is, 1930 9314 9314 93'i
7000 Con Oaa 4!is.. 77 77 77
1000 Con Coal s.... 9611 96U pil'i
13000 United Ry Ino. ?43 43 43
10000 United Ry 4s. 61 61 61
TORONTO CLOSINO.
COBALT.
Ak. uid.
Ask.
6
16
4
4
3
13
20
1.70
1.70
3
8
4
5
4
10
3
Last.
3711
3?i
155
161
124
6'i
7314
23';
8814
9314
77
9614
43
. I
Last Las'.
Yesterday, week. month.
New York dellv. 13.28.8 10.55S 12,183
N. O. deliveries . 9.051 Not n 10.233
Total deliveries. 22.339 10.6S8 t:,41
New York stock. 837.967 903,946 73.1,539
V. Or eins Stock 358.070 218.640 243.988
Stock at all Dortsl.196.037 1.124.580 970.647
Afloat 279.000 183,000 672,000
Visible supply... i.473,o.it i,407,nsn 1,551,04,
Last jear'a vis.. 1,243,807 1,267,607 1,234,03$
METAL MARKET.
May fi.
Bid. Asked.
7.83 7.75 7.90
i IS.62'4 18.8714
$83.00 $83.00
10.00 10.00 10.2.1
33.00 32.00 33.00
$115.00 $115.00
49.03 49.03
48.03 ..... 48.03
46.80 46.80
42.00 42.00
CO.OO 00.00
May 7.
Bid. Asked
Spelter, prime
West. June. 7
Electrolytic cod-
rer, June. ..18. .1714
quicksilver
Antimony .... 9.73
Aluminum ...32.00
Mntinum,
ounce
Pig. iron. No. 1
X foundry
Tli; Iron, No. 2
X silicon
Pig Iron, No. 2
plain silicon ....
Ilesa. Iron,
ruts
Bess, bill.,
Pitts
OLD METALS.
Dealers' buying prices are as follows:
Copper , Cents a pound.
Heavy cut and crucible 10.25010.7.1
Heavy and wire 15.7501(1.00
Light and bottom 1I.00S14.60
Heavy and machinery comp... .15.50:016.00
Brass, heavy lU.O0S10.ro
Brass, light 8.509 9.00
No. 1 clean brass turnings 0.7510.25
No. 1 comp turning 13.75914.25
Lead, heavy 7.2.17.75
Tea lead G.509 6.00
Zinc scrap 5.003 5.25
LONDON METAL MARKET.
LONDON. May ".-Following are the clos
ing metal quotations:
t i Chsngts.
Copper, opot 101 0 0 up 6s
Copper, futures .... 103 15 0 up 6j
Sales Spot. 400 tons: futures. 600 tons.
Electric copper, spot 112 0 0 up 1
Elec. copper, futures 114 0 0 up 1
Tin, epot 310 0 0 up 7
rrin, futures 317 10 0 up 8 10s
Straits 322 0 0 up 7
Hales Spot, 250 tons: futures. 400 tors.
Lead, apot 36 0 0 off 1 15s
imi iqiurea ...... ; o O Off 2
Spelter, spot
Spelter, futures
46
4S
0 off
0
EQUIPMENT TRUSTS.
7.87 7.25
0.50
6.80
G.12
7.00
6.90
fi.50
fl.OO
(Quoted on a percentage basis.)
Name. Maturity. Rate. Bld.Ask
X)aiiiuiun3 et yjmotivtv-i !
Buf. Rocll & Pitts. .19:0-33 4U-5J1
Cnnadlnn Pacific. 1920-32 414-6
Chi & Northwest... 1920-23 414
Chi, It I Pac... 1020-27 414-3
Chi. St L & N O... 1920-24 6
C, C, C, It St L... .1920-29 6-6
Delaware It Hud.. 1922 4';
Erie Railroad 1920-27 4H-5
uraco Bieam3nip..jirco-4 u
Illinois Central ..1920-27
Int Prod H S 1920-26
Louis It Nash 1920-23
Michigan Central.. 1920-32
Minn It St LOUPI..1920
Mo, Kan k Texas.. 1920-24
New York Cent.... 1920-32
Norfolk It West... 1020-24
N Y, N II L II 1920-29
Penn Gen Frelght.1920-23
Reading Co 1920-27
Seaboard A Line... 1920-27
Sinclair Ret 1920-21
Southern Pacific. .1020-24
Southern Rallway..l920-26 4V4-3
V irginian it way, . juiu-ju tt
White Oil Corp... .1820-23 6
414-5
7
r.
5-0
6-6
5
4 '4-3
414
4ii-5-e
4-414
4li-6-
0
V4
7;50
7.00
8.00
7.50
7.50
7.00
8.00
7.93
7.00
8.00
7.00
7.25
8.00
8.00
7.2.1
7.00
8.00
7.00
7.00
8.00
8.50
0.12
7.37
6.13
8.50
7.00
7.25
0.50
0.10
7.12
M.00
0.20
7.00
.00
7.00 11.23
7.60 7.00
7.60 7.00
8.50 7.00
Liabilities
$383.05
131,05
4,610.96
100.81
309,43
307,70
325.77
2,230.28
843,57
221.15
7,780.44
442.49
642.80
314.90
2,120.40
102.72
CS8.it
990.87
4,341.70
4.027.49
205.82
183.00
-I. Melle-
Real
32,933.30
8,649.93
1,640.33
600.00
704.22
214.73
132.81
1,877.28
133.40
159.48
S09.9S
331.05
EARNINGS STATEMENTS.
, $2,409,649
Inc. 1,731,959
inc. i,voh,zi4
Inc. 8.300.667
Inc. 4,305,200
Inc. 3,686.226
NEW YORK CENTRAL.
March gross. ..,...$22,831,133 Dec. $599,587
Deficit after taxes. 797,391 Inc. 2,211,751
Net oper. deficit... 656.C82 Inc. 2.070.321
Three m'tha gross. 76.752,473 Inc. 7.9S6.B68
Bal. after taxes.... 3,692.732 Dec. 1,899,575
Net oper. Income... 3,948,681 Dee., 1,372,634
SOUTHERN RAILWAY
March gross... ...$) 1,879,400 Inc,
tai. niter taexs.... 1,900,471
Net oper. Income.. 1.716.868
Three m'ths gross.. 37,404,560
uai. alter taxes... 0.77U.Z94
Net oper. Income.. 4.764.718
CHESAPEAKE AND OHIO,
March gross $6,200,032
Bal. after taxes.... 778.265
Net oper. Income.. 976,823
Three m'ths gross.. 18.856,924
Bal. after taxes.... 2,383,067
Net oper Income... 2,897,453
ATLANTIC COAST LINE,
March gross $3,959,248 Inc.
lial. alter taxes..;. 842,670 Inc.
Net oner. Income... 859.670 Inc.
Three m'ths gross.. 19.338.193 Inc.
Bal .after taxes... 3,882,360 Inc.
Net oper. Income.. 3.730,666 Inc.'
TEXAS AND PACIFIC.
March gross....... $3,113,811 Inc.
Bal. after taxes... 143,537 Inc.
130.893 Inc.
9.847.624 Inc.
3,882,360 Inc.
225,313 Inc.
AND
Inc.
Inc.
Inc.
Inc.
Inc.
Inc.
DETROIT.
Open. High. Low,
89 89
2IH 22
4274 4214
1 l'i
31; 3
714 7K
31 31
16 K
, 4 4i
28 30
4S 4i
6514 5514
151; 1SU
60?; 62
35S 35S
754 7?i
4,1c. 4.1c.
12!i 1214
167 168
5c. So.
123 123
113H 11314
Adanac ...
Bailey ...
Beaver C.
Buffalo ..
Chamb F.
Conlagas..
Crown R..
Foster
Glfford ...
Gt North..
Hargraves.
Hud Bay..
Bid.
3
41
2.80
20
l'i
2U
214
5
6
43
10
30
6
av;
3
33
Ask
4.60
Kerr Lake
La Rose... 39
McK-D-S... 58
Kiln C of c 1.85 9 nn
Nlplsslng... 10.13 11.00
Ophlr .... 3
Peterson L 1.1
Right of W 2
Sliver Leaf ..
Temlsk.
Trethewey.
Wettlaufer.
reRCUPIN;.
Sales.
300 Cont Motors... 10H 1044
Z4u uetroit Eoison. my, 100
20 Ford 377 377
1500 Packard 23i
60 Paige M 43H
2200 Tteo 3314
100 Lincoln ...... 45!i
23H
4.1
lOH
9914
377
23
3i
Sit
Last.
10i
100
377 ,
23
43i
2
Apex
Davidson.. 53
Dome Ext. 18
Dome L,.. 6
Dome M.. 10.73
Gold Reef. 3 '
ITol Cons.. 8.00
Keora
Mclntyre.. 1.93
Moneta ".. 0
?H
21
8
20
2.00
11
Newray
Pore Cr
Pore Imp.. ..
Pore Tla
Bore VNT. 17
Tires E D.. ..
Fchumach.. ..
Thomp K.. ..
w Dome.. 7H
Kirk Lake,
Lake Sh..
Atlas ....
Boston Crk
Bid.
Atl Sugar. 90
Brazilian.. 4114
Brompton. '97i;
Can Car.. 6314
Can Smelt. 26
Can B S... 74
do pf.... 84
Cement ... 6314
doipf.... S3
Dents Iron 70
KTRRLAND LAKE.
64 ITeck II.... 15
1.03 .. I
MISCELLANEOUS.
20 tllattle .... 13,
20 IWosaplka.. ,.
MONTREAL CLOSING.
Ask.
POU
42
97S
27
75
8414
70H
Bid.
Dom Tex.. 127
Daurtntlde. 93U
Montreal P 84
Quebec 24 S
rtlordan P.15014
Shawlnlg...lo.1
vpan iuv.. 87
Span It DM27U
SU ot Cos, IT
-111
16
'211
40
35
11
10
27
114
1'4
2Si
22
9
Slj
20
Ask.
128
91
83
2614
15H4
10514
87U
12914
7IH
Net ooer. Income
Three m'tjis gross,
Bal. after taxes...
Net oper. Income.
MINNEAPOLIS, 8T. PAUL
STE. MARIE.
March gross $2,433,309 Dec.
Deficit after taxes. 030.P10 Inc.
Net oper. deficit... . 703.803 Inc.
Three m'ths gross.. 9,406,766 Inc.
Deficit after taxes. 423,743 Inc.
Net oper. deficit... 667,433 Inc.
$928,213
170,028
494,979
2,756.986
697.391
1.5T9.630'
$157,857
289.291
355.403
2,089.736
1.380.C63
1,309,879
$522,212
181,730
241.902
215.527
1,380.663
660,987
8AULT
$000,274
636.373
014.322
407.183
988.683
877.C14
Tferr Orleans Cotton Market.
Xbw Orleans, Slay 7. An unsettled
market prevailed In cotton to-day, with
prices higher In the early trading but
lower later, with the market closing i
points up to 57 points down. Irregu
larity was trie result of continued strad
dle operations on a large scale. May,
39.42c; July, 38.08c. : October, 35.83c:
PETITIONS IN HANKUtlTCY.
Tlio following petition In bankruptcy was
filed yesterday In the United Bfates District
Court: , , ,
Voluntary petition by Emanuel Melsler,
salesman. 804 Fox street, Tlio Bronx, Lin.
bllltlea $82,438, no assets. Isadora Shapiro,
300 Broadway, la attorney for the bankrupt
RECEIVERS IN IlANKItUI'TCV.
The following receiver In bankruptcy was
appointed yesterday
District court.
Judge
Martin
I'astrv
Flftv-nlnth street. Bond of $500.
$23,900, assets $10,000.
JUDGMENTS.
MANHATTAN.
The following Judgments were filed yester
day, the first namu being that of tin debtor!
American Cigar A Soda Water syn
dicate, Inc.-O. Connelly
Avedon, WIIIIam-Gem Dreaa House,
Inc.! costs ,'. ....,
Alello, Thoinoa-J. Banks
Berman, Samucl-A. Grover
BucMoy, John J.-IL J. lteltly, Sr.
Buckley, John J. Same
Balier, Aaron A.-Blrmlngham
Baking Co., Inc ,'.'.
Bank for Savings In tho City of N.
N. Y. J. T. Smith
Century Flower It Feather Co,, Inc.
. -II. Orgel & Co., Ino
Currle, John G.-Ackr, Merrill
Condlt Co...
Cunard Steamship Coa Ltd. J. Hi
Rossbach 4b Bros,, lUb
Epstein, Richard t.-Rouben Bain-
nols, Inc .
Frank B. Marchant Co., Inc., and
Frank B. Marchant-M. H. Camp-
bell ;
Frledlander, Al.-M. K. Ooldman..
Friedman, A.-M. II. Nowman.....
Guarantee Co. of North Amerlca-
W. T. Carter et a!.; costs...
Greenwald Wodsworth, Inc.
Dash Waist. Co., Inc
Ilanan, Alfred P.. Jr.-L. 8.
Phlpps
Holley, Wm. V., Jr.-Fort Wayne
Engineering It Mfg. Co
Herman, James 8. J. M. Roman
et al ,
it..u,r. i.vilx M. llorskowltz
Kprmr. I.lna-State Industrial Com.
Hlland, Henry II. (American It Eu
ropean Tradlng)-F. 0. Mundort
Qofp 320.80
II. G. Meyers, Inc. R. Pressman.. 10,333.07
Ulnea. Walker D as United 8tatea
nirtnr.neneral of Rya.. operat
ing the N. Y. Central R. R. Co.
M. itaieign
Imperial Investing Corp
kan i":;'.'."
Imperial Investing Corp.-I. Melle-
kan .".'.".'
Kenncnsohn, David, and New Am
sterdam Casualty Co. People, c,
Kushner, Nathan A. Spllkln.......
KIrtlnnd, Benjamin B. J. Kaufman
et al
Kaplan, Meyer-A. Mlllua et al....
Kruglak. Voldeman A. Economoff.
Katlln. Irvlng-II. A. Levin..
Lowensteln, Louls-P. Pershitz.. . . .
Langstroth, Benjamin W. N. C.
Justenen
Levlton, Barney-L. Halms...
McGlynn, Lillian A.-Leon's
Estate Corp 1
Morgan Bros. Auto Trycking and
Forwarding Co., Ine.-Dlrector-General
of Railroads (Lehigh Val
ley R. R.l
Mclnnls, Peter A.-Dreler Iron
Works. Ise
Martin, Stanley A., and Roger A.
Hall (Stanley A. Martin Motors
Co.) Robinson Machine Co
Mercer, Sldney-Jamcs McCreery t
Co
McMillan. William E., and Harry
A. Bennett (W. E. McMillan t
Co.) Export nnd Domestic Hard
wood Co '
Xevadoff, Herman II. J. Messing
et al
O'Connor, Nellie Bernhelmer It
Schwartz Pllsener Brewing Co...
'Park. Lester-J. Kane
Price. Wallace C Jr. Neusi
Hessleln It Co., Inc
Petsch, Charles II. P. Cushlng....
Perils, William A. F. C. Gelb....
Rose, Axel Corp. Bassert Corp....
Regan, John E.-Edgar T. Ward's
Sons Co
Resenwasser, Morris D. Menchel...
Rubenfeld, Morris Conron Bros. Co.
South Brooklyn Dry Goods Co-O
Subln et al '
Sing. Hop Ntl Caah Register Co...
Schneider. F B 8 Schneider (costs)
Sickola. Chas,R-41 B Oliver fcosts).
Schmelzer, Slorrls. and Maurice
Jackaoiw Blumofe et el
Siegel. Mannle II Goldberg
Smith, Bernard I L Levensteln....
Tuck. Abr-Ntl Caah Register Co...
Tananbaum, Morris J. Bloomfleld.
Toepfer, Max, and Ernest IIob-T
Van Loan et nl
Weill, Ell-Reuben Samuels, Inc..
Weber, Jennie S L Levin
Werner, Harry C J Potbury.,
BRONX.
Coppolo, Calvatore M. Cantor
Dorey, Sarah W Breah
Ellis, Joseph W E O'Brien
Indiana Flooring Co, Inc, and Al
fred J. Oest E. Bnrns
Jacobs, Joseph A W Rlchman
Mulligan, Hugh N Y Telephone Co.
Reyman. Henry W M Paul
Union Ry Co-P Corrlgan
Welnsteln. Joseph-M Belnsteln
SATISFIED JUDGMENTS.
MANHATTAN.
The first name Is that of the debtor: the
second that of the creditor end date when
Judgment was filed:
Hunt. Fannte R.-La Tatrlcla Cus
tom Corset Co, Inc.! April 1, 1920.
Frances Hunt, Inc. Same; April
1, 1020
Hagcrman, Roy J. J. Goldstein:
May 14. 1917
Ward, Artemaa; Edwin L. Meyers
and David F Meyer W. J. Stltt
et al.: June 27. 1910 (reversed)..
Flelssner Emanuel II.: Tache
FIclssner, Morrea Abraham and
Brooklyn Poultry Co. New York
County National Bank; Jan. 23.
1910
Gahren. Charles E. A. Crulk
ahank; Sept. 27, 1916
Hooven Service, Inc Cuyahoga
River Power Co.; May 4. 1920..
Birch, Charlei K. I. 8. Fleishman;
Dec. 9, 1919
Franco-American Lamp Co., Bert
Elsenberg and Daniel R Samll
son Manufacturers Trust Co.;
July 7. 1919
Dlamondatone. Mendel N. Bender;
March 17, 1920
Moore, George G. Manhattan Rub
ber Manufacturing Co.; Jan. 13,
1920 '
Leach, Irene D. Price; May 2,
1920
Moore, George G. J. C. Tomllnson;
Feb. 2. 1920
Same Conveying Weigher Co.
Jan. 13. 1020
Knmr J. c. Tomllnson: Jan. 11.
1818 -. 35,988.00
Same Same; June 20, is
Mano, John E. C. Hothkranx;
Dec 31, 1919
Sllbowltx, Benjamin, and Samuel
Nlsnevlt-L. Berkowltz et al.;
April 27. 1920
Mackenzie. Archibald T.-O'Nall
Adams Co.; Feb. 2, 1918 (can
celled) Same Bronx Borough Bank; June
1L 1913 (cancelled)
Same L. Weatherhorn Ti Sou,
agent: Fen. 27. 1913 (cancelled)..
Same II. Herman Lumber Co.;
Jan. 17. 1913 (cancelled)
Same Same; March 23, 1913 (con
(cancelled) ,
Krlgman. Samuel, and Philip Elnk
Ier S. -ftotkln; Jan. 3, 1917
Balrd. James E. Flelxchmann;
April 27. 1920
BRONX.
Krakewaky, Benjamin D. Orently;
April 3. 1U10 1...
May Holding Co J. T. Mason;
Nov. 2. 1918
Peter La Spina Co., Inc. M. Sha
piro t ai.; Dec 31, iviv
PLANS ADDITION TO CAPITAL. ftJJ ZTt
Atiirrlcnn t.'blelei Co. 1 Dlrri'tor
Vote for liivrrnae.
At yesterday's meeting of the directors
of tho American Chicle Compuny their
planfor nn Increase In lis capital stock
was approved. It calls for Jiunglng th
company's common Hlock from $100 par
to no par valun anil for Increasing the
number of shares to 1(2,500 by Issuing
82,500 additional ones, That new stock
will bo offered for subrcrlptlon nt J40
11 share to Us common nnd preferred
Htocliholdci'H of record on Mny 0 to tho
extent of "5 per cent, of their present
holdings. Payment Is to be made In
full on iMny17 or 25 pdr cent, each on
Muy 17, June 10, Juno 30 and July 20.
A syndlcnto composed of llornblnwor
& Weeks, White, Weld & Co, and law,
Dixon & Co, will underwrite the Issue.
Flic Certificate In Trrnloii.
'J'iibnton, Jluy 7. The American
Clilclo Company filed to-day with the
Secretary of State 11 certificate Amend
ing Its chnrter by converting Its com
mon stock Into stock without stnted par
value. The certlricato also Increases
the number of shares of common stock
from 80,000 to 102,500, Tho company
was originally capitalized at $9,000,000
and the capital was subsequently In
creased to $11,000,000. Tho certificate
also contains soveral other amendments
of n minor character.
The company was the first big cor
poration In New Jersey tp avail Itself
of the nmendmcnt to the Stnte Corpora
tion, net passed toy the present Legis
lature and permlttlngvorporatlons heVe
toforo organized to convert, common
stock of par value Into common stock
of no par' value. Since tlio enactment
of the amended statute tho Secretary of
department regards as new .buulness fr,.
the ieaon that, If nucli u law did m,t
exist, tbo charters would hnvo been tiled
In other States.
DUQUESNE LIGHT PROJECT.
Stovkuoldrr to Vole nil I'rnpnard
llo nil Increase.
Stockholdern of tho Dihiiicmip l.tni,,
'Company, In 11 special meeting nn ,lul
C, will vote on a proposal to Increase
the nuthorlzed amount of Its C per rem
thirty your first mortgage collateral
trust bonds from 123,000,000 to HGO,000.0i
Thero are ut present outstanding
000,000 of those, bonds,
Authorization for tho Increase Is to tm
aHkcd to care fpr future needs. An
fundi nro needed tor expansion addi.
llonul amounts will bo sold, It Is not
tho corporation's Intention to sell any
of tho bonds at present.
London Money Murkrt,
London, SIny 7. Dar silver, cod rtq
ounce. Bar gold, 108s. Money, 4 ij i,or
cent. Discount rates Short hills, f
per cent. Three months' bills, 6 ll-16t
0 per cent, Gold premiums at Llatxu
HO,
FINANCIAL NOTEfi.
All dliectors of the Liberty Secuilttes On.
poratton have been reelected nnd Ilarral) A
Tenney, president of that corporation, tea
been elected ono of its directors.
An. analysis of Important securities anl Y
cent Information concerning oils, sugars, ln
dustrlals nnd 'public utilities, with special
reference to Colorado and Wyoming Issnei,
Is supplied by the new edition of "Dcmrf
Market Securities," Just brought out by An.
tontdes Co. of Denver, Col, It ti tho (hire
edition of a booklet.
Spencer, Trask It Co. are distributing cr.
tultouslv n aoeclal clicular on the Itillwu-
Steel-Spring Company.
RESORTS.
RESORTS.
466.0!
115.70
187.13
2,328.72
144.E3
4.019.13
118.70
6,332.84
2,53610
2.199.11
277.35
420.72
1.293.55
Canada. Canada.
In An Air$ Fairyland
Skies of rarest blue, air that tingles:
snow-peaked mountains out your win
dow, flowers at your door that is
Banff with its great Banff Springs
Hotel set down at the meeting of two
Canadian Pacific Rocky rivers
Banff will give you the spottiest golf,
tennis, motoring and coaching, Alpine
climbing, mountain trails and ponies,
warm sulphur swimming pool, big
game for the camera, fine fishing in
mountain streams and lakes, and at
the end of the day music and dancing.
And youll meet the kind of people
you want to meet
CM tr tmlt ft infermilion.
CANADIAN PACIFICRAILWAY
P. R. PERRY, Gen. Acent, Passenger Dept
hji Broadway New Yerk Cit
Aak for Tour No. C-llt.
173.81
223.65
, 284.80
132.10
1 49.0S
157.75
116.79
'161.35 VS
1,591.75 V
16,711.00
456.35
4,132.90
66.22
,00.71 ,
750.00 HHMMHBBHMiMHV
113.70 MrSSSHHHSSHfaSW
f$3-T?RPDAY
W For Two, Partem
U LOW SPRING 6 SUMMER RATES
1 Bilnntea from Broadway, Iff
u,ol,ou aunsuine, d.llghtfal
1118.70 1 HI sa artssst. br.elng r. Iff
1IS.70I II """0nutIdUo.r,.p.rtlnm" 1 I
14131 rH0TELSHELWRNEOf4nf-?k.t" I
118.77 I " BKIOnTON BEACII. N. Y. B
1 lt room. 7t prlrata M
I katha. Hum hsat. lo- IM
463.86 M trla llrhl. inlnu. ItH
1.13.61 1 TcllL' I
I HI and comfort. Ill II
5.087.B5 Hi tun pnrlor. 1
... Writ, for BmM.L (
I MUSIC. If ,
270.80 wMBBBSSBHBKKKm
1,006.41
U isfsrulisa ceattniit
tmit lanuaii s rtpul
Cuifiu ewmtcrs sa Ut,
AtUnllo City.
ROYAL PAtACE
isvtK IWdkJVTlJWTIC CITY. N. J
PNVMKrffTOMl AMUSEMENTS
CsMdifGQO. Open al the lear
I tf sl
7.083.79
572.15
131.10
13,443.16
100.50
162.20
1,764.14
106.10
323.52
1.373.99
183.10
192.12
214.65
213.41
$79.64
232.92
171.30
I Fire 'Record. j
A. M. Loss.
12:30-1901 Park av.; A. N. Nichols.. Trifling
1:1508 West Houston St.; II. Stein
berg1 Trifling
1:15215 Manhattan av.; unknown.. Trifling
2:45223 East 80th at."; unknown... .Trifling
December. 34.99c: Januan-. 34.45c. SdoM ,S 7r.'i?ii.?,fl.""m?
steady; middling, 40.25c. H:l0-433 East 104th at.; Sigmund
Uinu.,1, ........ tuiiuiunu
Liverpool Cotton Statistic,
Livxitpoou M;ay 7. Weekly cotton
statistics: Imports 47,000. bales, Amer
ican 19,000: stock 1,199,000, American.
926,000 : forwarded 63,009, American 56.-
000: exports 6.000: sales 21,000, Arner!
can 18,000. Quantity afloat, all kinds,
198,000 bales', quantity afloat. Ameri
can, 129,000.
France to nonor Aroertcaa Dead.
Washington-, May 7. France wil pay
honor to the memory of the American
dead In that country on American Dec
oration Day, May 30. The Embassy
announced to-day that French soldiers
would parade at the larger American
cemeteries.
P. M.
1:00-1153 East Tremont sit.. Tha
Bronx; John Hughes.,
.Unknown
f 3:50 417 Grand street; unknown.. ..Trifling
3:56-310 West 120th street; Frank
Barlertn TrlHIng
8:10142 Manhattan strtet. fence; A.
an Buren Trifling
7:30 Front of 100 Greene street.
auto: Max Epateln .1... .Trifling
7:33537 Morris avenue. The Bronx:
Delphla Pappa Trltlhig
Farts Bonrse Trading-.
Fami, May 7. Trading; was quieter
on the Bourse to-day. Three per cenL
rentes, 57 francs 10 centimes ; exchange
on London, CI francs 93 centimes: 5 ner
cent loan, II franca E5 centimes; dollar.
If francs.
Gdx&ffiGiy
Hotel
Garden City, Long Island.
An exclusive American plan hotel wlft an
a la carte restaurant for motorisU.
Nauhebn Baths.
Excellent 18-HoIe Golf Course Free to Guett
Frequent electric trains from Penn. Station.
J. JT. LAN N IN' CO.. Props.
Douglas Manor Hotel
12 Miles Out
Battershall Inn,
Sea Cliff, Long Island,
12 Miles Further.
Both overlooking Long Island Sound.
Immediate reservations for rooms can
be made. A la carte service for motorists.
A ATTJT1CCITY,N.J. j
ArvAixCTiciiiv Ran. Hotel
riMFMOOr QARAOB. I
i CAJAC1TT00. WAVsd.
Let us make you feel at home la the
"Uty or Robust Health"
Hotel Morton
Ocean End Virginia av. Capacity 250.
Elevator, private baths. Ac: always open.
, Cfcarlea Plaee and Beata. fresh and sea
itar baths: running water la roceas; alsraur,
Mrior tab): 8DilDg raU.: Comth at tnlaa.
ai.WAQMgR.Kep. W. R. LATTON. ajfr
THE WILTSHIRE
Virginia av. and Beach. Capacity lit
Private baths, running water, .levator, Ac.
Amer. plan. Special Spring rates. Booklst
SAMUEL ELIJS. Owner. N. J. COLLINS. lr-
HOTEL CONTINENTAL
Always open. Always ready. Terms mol
erate. Phone or write M. WALSH DUNCAN-
Try CLARENDON HOTEL
Virginia Ave. near Beach. All rooms ntta
hot and cold running water; private hatha.
ATLANTIC CITV. N. .1.
Unsurpassed for healthful rest and recrea-tlon.
HOTEL PRINCE
On the Ocean Front. Arcernc.L.l.
LARGEST AND BEST
AMERICAN AND EUROPEAN PLAN
OPENS SATURDAY, MAY 29
Telephone Belle Harbor too.
Now Open tor Bookings.
I
mi; NASSAU OPENS MAT 28T1I.
roone Schojler 8000 for Reservations.
New York.
HOTEL KAATERSKILLl
Catsklll Mountains. At Top of American
Alps.
KAATKItSKII.L. N. V.
The largest and most beautifully situ
ated mountain resort In America. I'lne
Auto lloads in Every Direction. L'mDlro
Tours.
OPENS JULY I.
Booking Office. Hotel Malrstlc. 72nd 4
PARENT t RICHARDS. Inr.
BaCentrat Park West, Thone Col. IIWO. ai
NEW MOUNTAIN INN
"Th Summer Resort Meat."
Hungarian cuMn. Apply for hookli.
relltierft FUebbeln, Trops., nne HUI, N.Y.
New England.
RED LION INN
Stockbridge, Mass.
In the Berkshire!, Now Open
Coll & Roads in Excellent
Condition.
Route Books and Circulars on Request
Deslr.bla Cottar,, for rent.
f AT.T I7K? T. TKEADWAY -
Lake Cliamplaln.
Bocleiy'a surxraer riaygrouno
OPENxS IN JUNE
AMERICAN PLAN
OEO LOW, J. P. GREAVES,
fio'-f Supt. Minager.
New York Office : 243 riflh An
SUMMER CAMPS.
Camp Weskawenaak
Land at Etangellne (oa Scotia)
SEASIDE CAMP FOR GIRLS
Athletics, Itoatlng. Ilathlng. Dnnclns. Karn
food. run Water. .Veiv Bunf.ilow. !leeiiin
PorchM. Thuh. Fifth Peaton, July 3 to Aui.
28 (ItS.'il. Sond for tlluttrsteil booklet (Mi"
J. KIHTII TAVLOi:. IW, r.llery St.. Cam
brlUgc; Mass.
I
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