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NEW HAVEIf MORNING JOURNAL AND COURIER, WEDNESDAY, OCTOBER 2, 1907.
4 The man who seeks safety by hiding his money robs himself of the interest and tempts others to rob him of the principal. Better be safe than sorry. This Bank pays 4 per cent, interest you are absolutely sure of safety. OPES SATURDAY EVENINGS. 799 Chaosl St. LATE FEATURES OF THE STOCK MARKET Sharp, Advance Made After the Late Decline. A DRIVE AT ST. PAUL Whole Market Closes Strong, With Shorts Rushing to Cover. The stock market was distinguished by heaviness in the afternoon and things looked squally, but late in the afternoon there was a rush up of prices, indicating that the bears were Ibeins driven in. The low prices were made on the an nouncement of another cut In the price of copper on the Metal exchange, the reduction of the Anaconda dividend and misgivings over the president's speech as to Its disquieting effect, St. Paul was the center of bear at tack during the day and was driven down to 114 3-4 at about 1 o'clock, es tablishing a new low record for the year. That an old famous market leader like St. Paul should show such great weakness had a disturbing effect on sentiment. This stock haa been heavily sold for several days, the eource of the supply being a mystery. But Wall street was disposed to think that Important interests were liquidat ing, as stated In this paper Monday. Reports about a possible reduction -in the dividend, which is now at the rate of 7 per cent a year, were current; but the next dividend does not come until next March, so that action will not be taken, probably, for come time to come. The opinion prevailed that no change In the dividend will be made.. ' , some time. The short Interest appears to havo been pretty well eliminated through the putting o the borrowing charges at one per cent. Monday for use of the certificates a single day. No trader, of course, could long stand this handicap. The men back of the "squeeze" of the shorts appeared to be thesame ones who made up the old pool which successfully, ran the price up to 195. Anaconda and Amalagaroated ' opper. declined relatively little after the an nouncement of the reduction of the An aconda quarterly dividend from $175 to $1.25 per share, or at the rate of 5 per cent, a quarter making 20 per cent a year. The old rate was 28 per cent, a year. The reduction had evidently been discounted by the long-continued de cline in these Issues. There were early tips out on Brook lyn Rapid Transit when it was selling around 44. It went up to 40 later. Flower & Co. and Post & Flag? were the best buyers. Themovement seems to be against the shorts, and was di rected by people who thought that the stock around 42 and 43 had discounted all possible untoward developments. The St. Louis & Southwestern was able to show for the first time yester day gross earnings of $10,000,000 in its fiscal year. The actual figures for 1907, published was $10,553,135. The surplus Is over $1,000,000 greater than the year before and equals 5 per cent, on the preferred and 3 1-2 per cent, on the common stock. Call money ruled between 4 1-2 and 5 per cent, during the afternoon after the early rate of 0 per cent. It looked as if 6 wereto be the highest rate ror th time being, the abundance of brokers' balances having much to do with keep ing tne rate uuwn. Bait. & Ohio 89 do pfd 93 Bay State Gas Co Brooklyn Rap Trans Co. 47 Brooklyn Union Gas Co.. 95 Brunswick Co 9 Canada Southern 61 Canadian Pacific 165 Central Leather 16 do pfd '. . 79 Ches. & Ohio 33 Chicago & Alton 10 Chi. & E. Illinois pfd. . . . Chi. & Gt. Western 8 do A pfd 36 Chi., Mil. & St. Paul .... 119 do pfd 145 Chi. & Northwest 144 C. R. I. & P. C. 4 p o bds 68 Chi., St. P. & Omaha .. 125 Cleve., C, C. & St L. . . . 69 Col. Fuel & Iron 19 Colorado Southeri ..'... 21 Del. & Hudson 157 Del. Lack & West 474 Den. Rio Grande pfd. . 65 Distillers Sec. Co 54 Erie 2 (Hi do 1st pfd 45 do 2d pfd . .. 35 Gt. Northern pfd 127 Hocking Valley 82 do pfd 79 y Inter. Metropolitan 8U Inter. Paper Co 13 do pfd. 69 Iowa Central 1614 Kan. City, Ft S. & M pfd 69 Kan. City Southern ... 24 do pfd 54 Lake Erie & Western ... 12 Louis. & Nash 106 Manhattan Elevated ... 117 National Biscuit 73 National Lead Co 48 N. T. Air Brake 107 N. Y. Cen. & Hudson .. 103 K'. T. & New Haven ... 142 Norfolk & West 7014 do pfd. . . . SO North American 57 Northern Pacific 129 Pacific Mall . Pensylvania R. On the drive at the shorts In the last hour' St, Paul was the central figure and. was run up to 119, the chief gain of five points from the low being ac complished in the last ten minutes of the session. St. Pauls' sharp recovery i followed a denial which was attributed to William Rockefeller, that the St. j Paul railroad to making efforts to bor row $2,000,000. That financier was quoted as saying that the company had an abundance of funds, and that after allowing for the completion of the Pacific Coast extension it would have on hand $20,000,000 applicable for ! other purposes. The copper stocks also I ruled strong with buying principally to cover short contracts. To sum up the bad news of the day, these features were the reduction in the ! dividend on Anaconda Mining from a j 7 to a 6 per cent, basis. Simultaneously rj the price of copper metal, was cut l-4c. i8o that the commercial grades are quoted 14 1-414 3-4c. This policy was $ inevitable In view of the 60 per cent. f curtailment In production at the Butte :.. I mines and the 11c. falling off in the ! pi ice of metal. It now remains fo the Amalgamated Copper directors to meet fcthe situation which a sudden falling off "'in consumption has produced. They, '.too, will undoubtedly, fix a lower rate hn spite of the fact that the policy of ilmaking dividends regular instead of part cash three months ago gave the fimpression that the 8 per cent, dividend was permanent. Another important de velopment was the receivership for the ivMetropolitan Street railway. On the application of the Metropolitan Street !nailwaycompany to be made a party defendant in the action recently brought by the Pennsylvania Steel Co. wind the Degnon Contracting company . Vigalnst the New Tork City Railway ' 'company, and to have the receivership jiextended so as to include the proper- Ales of the Metropolitan company, (iiTudge E. Henry Lacombe of the United .States Court signed an order to that fcffect this afternoon. Adrian H. Jollne jand Douglas Robinson, whom the same Judge named recently as receivers for iho New York City Railway, were plac ed In charge of .the Metropolitan prop- . fcrties as receivers, and the corporation c jpas declared a party defendant. Un : der the appointment, the receivers will ,, Administer the affairs of the Metropoli tan company In conjunction with the fs'ew York City Railway company. No lidditlonal bonds were asked of the re- i'elvers. Wall street la getting hardened to attacks on corporations and notifica tions that the guilty, whether rich or poor, will be punished. Consequently, the speech of President Roosevelt at Keokuk to-day, while as severe In some ways as any other delivered, did not depress stocks. Possibly the number of other unfavorable influences over shadowed it. New Haven stock gained three-nuar- ters of a point yesterday and closed at 142. Only 400 Bhares were dealt in on the New York stock exchange. STOCK MARKET. R. 23 120 People's Gas, Chi 85 Car 26 Another unpleasant feature was the 'fioaty increase in operating cost of tfairroads Is again in evidence by the Pennsylvania road's August earnings, flross rose $2,410,000, but the net gain ivas less than $400,000. This was for the ! ines east of Pittsburg. The western r,ines gained $1,272,600 gross and $517, 1.1)00 net. August gross was the largest Sm record, and at a yearly rate of near ly $190,000,000. For the eight months of , 'the calendar year the gross increase is ' ibout $14,000,000, but the net gain is iess than $1,000,000. Professional Element in Speculation Operates With Some Freedom. ' New York, Oct 1. The profession al element in the speculation operated with some freedom In stocks to-day, but the sentiment which prompted operations fluctuated constantly. The early advance was attributed to an ex tension of the movement to "cover shorts which developed among the bears yesterday, and the object les sfon of the severe punishment admin istered to this element by yesterday's movement in Canadian Pacific em phasizes the disposition to caution. This movement among the uncovered shorts had proceeded to sufficient length to reduce materially the dimen sions of the short Interest, and, In pro portion, the potential demand for stocks and the technical strength of the market position. The demand not only fan out, however, but selling was renewed with some aggressiveness. President Roosevelt's speech at 'Keo kuk was the generally assigned cause for this new turn to the selling side by the professional element. Aside from this the reduction in the divi dend on Anaconda to $1.25 a share, compared with the preceding $1.75 quarterly dividend was of next Import ance. The action of the stock on the announcement was a measure of the previous certainty that such action was Imminent. It Is manifest, In fact, that the decline which has occurred in copper securities Is intended to measure fears of a reduction In re turn of larger proportions than Is made in this Instance. The highest price touched by Anaconda was after the announcement of the dividend re duction and after the announcement of further cuts in the price of cop per both In London and at the New York metal exchange. St. Paul was under some special pressure, accom panied by several unverified rumors. The question was bruited of the abili ty of the company to take care of the additional charges connected with the l fw stock Issue, pending the begln- ring of productive operations of the Pacific coast extension. Mr. Rocke feller's statement on the subject caught the bears short in the stock and. rallied the whole market. The United States Stoel stocks sold off on reports of a cutting down of the working force at the mils. The Met ropolitan Street Railway receivership revived the often repeated weakness h. the local traction group. The squeeze of the shorts in St. Paul as a repetition of yesterday's lesson in Canadian Pacific, fluttered the bears again and closed the market strong. Tn whole market was highly profes sional and tho movement showed little- consistency at any time. Bonds we're irregular. Total sales par value $1,508,000. united States bonds were unchang ed on call. Pressed Steel do pfd 82 Pullman Palace Car Co. 156 Railway Steel Springs .. 3 5 Reading 93 do 1st pfd 75 Rep. Iron & Steel Co. .. 20 do pfd 73 Rock Island Co 18 do pfd 43 Southern Railway Co. . 15 do pfd. . , 52 St. Louis & Southwest. . . 16 do pfd 45 Ten. Coal and Iron .... 135 Third Avenue 41 Tol., St. Louis & West . . 24 do pfd 44?4 Twin City Rapid Transit 93 U. Bag & Paper Co. pfd 53 Union Pacific 128 do pfd 81 U. S. Express Co 87 U. S. Realty & Imp. Co. 47 U. S. Rubber Co 27 do 1st pfd 90 U. S. Steel Co 27 do pfd. r. 88 do S. F. 5 per cent. . Vir. Car. Chem. Co Wabash do pfd Wells-Fargo Express Co Wheel. & Lake Erie ... do 2d pfd Wisconsin Central ..... do pfd.' 94 18 11 19 225 9 10 14 39 89 97 47 110 10 63 165 16 82 33 18 125 43 119 148 145 69 135 61 19 22 158 485 69 55 20 46 37 128 ' 8l' 8 13 71 17 74 25 55 20 106 120 73 49 110 103 142 71 85 60 129 25 120 86 26 85 158 3714 93 82 21 74 19 45 15 55 17 50 145s 42 25 45 94 55 128 82 90 52. 30 92 27 89 94 22 11 20 300 10 15 17 40 Quincy 80 78 Shannon 10 10 Tamirack Trinity 13 13 U. S. M. pfd 36 37 Utah Cons 35 35 Wolverine HO 110 Am. Tel & Tel. ... 106 10a Swift & Co 102 102 United Shoe com.. 40 39 do. pfd United Fiult .... 114 114 New Haven .. .. 141 141 Mass. Gas 51 51 80 10 57 13 36 35 108 105 39 84 10 14 37 36 110 105 40 113 114 141 142 50 LOCAL STOCK QUOTATIONS. Quotations reported by Klmberly, Root & Co. Investment Brokers, 133 Or ange street, New Haven, Conn.: Par. Bid. City Bank 10 J First National l" Mechanics 60 Merchants National . 50 Nat. New Haven.... 100 New Haven County.. 10 National Tradesmens 100 Second National .... 100 Yale National . . . 100 New Haven Trust ..DO 145 175 68 67 195 17 177 195 138 125 Asked 72 72 . 19 141 (Continued on Twelfth Page..) ' BONDS AND NOTES Paying 5" to 7 Per Cent. Net. Lake Shore & M. S. Railroad. , N. T. Central Railroad. Chesapeake & Ohio Railroad. Pennsylvania Railroad. jr. y., n. ii. & n. R. R. Westingliouse Electric Company. Lackawanna Steel Compnny. KIIMRLYrROOT & CO.. Tel. 1109. 133 Orange Street'. Private trii-ea to New York and Bontom. Free Service. We collect and remit Interest and look after payment of taxes on all New Haven first mortgage real estate loans sold by us, without any charge to the Investor for our services. Lo mas & Nettle ton HANKERS AND B80KBR3, 137 ORANGE STREET DO IT NOW Fire Insurance. Cannon, Morse 4 Co. 792 Chapel St. NEW TOnK STOCK MARKET. Reported over private wires of Prince & Whltely, members of the New York and Boston Stock Exchanges. New Tork office, 52 Broadway and 15 Center street, New Haven. New York, Oct. 1. Open.Hlg-h.Losi.Last. 69 37 61 86. Amal. Copper A. Car & Foun. . A, Locomotive Co A'. S. & Refln Co. A. S. Refln. Co.. A., T. & Santa Fe 86 " do. pfd 89 Bait. & Ohio .... 89 Brook. Kap. Tran. 44 Can. Pacific 166 Cent. Leath. pfd. 80 Ches. & Ohio .... 33 Chi. & Gt, West 9 C, M. & St. P. .. 117 60 37 51 58 36 61 85 60 37 51 87 109 109 109 109 86 86 85 80 89 89 89 89 88 89 47 44 47 170 164 165 80 80 80 33 33 33. 9 8 8 119 114 119. Chi. & Northwest 144 144 144 144 In unite of the 14 point advance in anadian Pacific, the bear element -did ot show much alarm, and gave little eedto rumors that they would be iqueozed In other quarters of the mar t. They said that the rise In Canadian jfacifis had hurt, rather than strength ened the list, because it' had exhausted ho short interest too rapidly. They are forking for lower prices this week on two counts, viz., the sueeches of Pres cient Roosevelt and firm call money ites. . faring! fir, Puifif. flnptlintlnnS WPFO ' 'loarlv ns violent as thosp Monday, but 4 . became steadier in the afternoon, during the morninp: it changed from fiS 1-2 to ICS 1-2' at the opening, limbed to 170, then fell to K6 1-2 4sain, and held around that level for . CLOSING PRICES. Reported over private wires of Prince & Whitely, members of the New York and Boston Stock Exchanges. New York office, 52 Broadway and 15 Center street, New Haven, Conn. New York, Oct. 1, 1907. Adams Express Co...... 150 Amal. Copper j... 59 60 Am Car Foundry Co. .. 36 37 do pfd 92 ' 94 Am. Cotton Oil 31 33 do pfd 82 90 Am Express Co 195 200 Am Hide & Leather pfd. 15 16 Am Ice Securities 30 35 Am Linseed Co 8 -.11 do pfd. 19 21 Am Locomotive Co 51 51 do pfd 99 101 Am. Smelt, and Refln. .. 87 87 do pfd 95 96 Am Sugar Refln. Co. ... 110 113 do pfd 116 120 Am Woolen Co 20 . 21 Anaconda Cop. Min. Co.. 39 39 Atlantic Coast Line .... 80 81 Col. F. & I. Cons. Gas Del. & Hudson .. Erie Gen. Elec. Co. ... Gt. North, pfd. . Illinois Central .. Inter. -Met do. pfd Louis. & Nash. .. Mo., K. &-T. pfd, Missouri Pacific , N. Y. C. & Hud.. N. Y. O. & W. .. Norfolk & West . North. Pacific .. Pacific Mall Pennsylvania ... People's Gas ... Reading R. I. & S. Co. ... do. pfd Rock Island Co.. do, pfd South. Pacific ... South R'way Co., do. pfd , Union Pacific ... U. S. R. Co. pfd. U. S. Steel Co. . do. pfd Wabash pfd. .... 98 101 98 101 157 157 157 157 20 20 20 20 124 124 123 124 128 129 126 128 135 135 135 133 8 8 8 8 24 24 22 23 106 106 105 106 64 64 64 64 67 67 67 67 102 103 101 103 32 32 32' 32 70 70 70 70 12S 129 127 129 23 23 22 22 . 119 120 119 120 , 86 86 85 85 93 93 91 93 , 19 20 19 20 71 72 71 72 19 f 18 18 45 45 45 45 . 83 84 82 83 15 15. 15 15 .53 aS 53 53 . 127 128 126 128 91 27 88 20 92 91 27 26 89 88 20 20 92 27 89 20 BOSTOX STOCK MARKET. Reported over private wires of Horn blower & Weeks, members of the New York and Boston Stock Ex changes, New Haven office, 27 Center street. Boston, Oct. 1. High.Low.Bid.Asked. .. - 1 2 Matters of Business. In all mnttcrs of business en trusted to us we use tho great est care and discretion. There Is nothing in safe banking we cannot perform. Let this Bank be yotir depos itary and transact your bank ing business. t . RVSV COMPANY OUR INVITATION. If you have contributed to the success of this bank we thank you for it. If you have not yet become a depositor we extend to you a cordial invitation to open an account, offering you all the accommodations and courtesies in our power. BONDS STOCKS LOCAL SECURITIES F. S, Butterworth & Co. Exchange Building INVESTMENT SECURITIES. FINANCIAL. , ' You. call a man a fool when his property is consumed by fire and there i3 no insnrance. What will you call jcursc'J when you look doW from Heaven and see your widow and orphan children fighting for food and clothing and shel ter because you have neglected to insure your life? - Private Wires: Telephones 3100-3101 To C. H. Porter, co The Equitable Society, Exchange JSuildingr, New Hfcven, Conn. Please send me book describing the Standard Policy, and give me rat8 for t of insurance n the life ot a man ...... years old. Name Address Date , 1107 DICK 30 BROAD STREET, NEW YORK , Members Jw Yk Stock Exchange Phllndelphla Stock Exchange ew Tork Cotton ExclinuBC New York Coffee Exchange New Crli-nnH Cotton Exchiinge Chicago Board of Trade Am,iiiite Members Liverpool Cotton Exchange. Stocks, Bond., ' ' Cotton, Grain nnd Coffee. EDWARD B. EAMES, Mgr. NEW HAVEN BRANCH 83 CENTER STREET. John Knox & Co., Commission Brokers Hubmger Building, 840 Chapel Street, Telephone 0170. ' NEW HAVEN, CONN. Correspondent John Bfornv. Stocks, Bonds, Grata and Cotton bought and sold for cash or on moilrnta deposits. QnlcSc service, prompt delivery) 1 mmediate settlements. ' Also dealers la mining secarttles of high grade. - October Investments EXEMPT FROM TAXATION. N. Y., Nt II. & H. K. R. 34 per cent. Convertible Debentures. Providence Securities Co.'s Guaran teed 4 per cent. Debentures. Consolidated Hallway 4's of 1055, Connecticut Ry. & U. of 1051. Connecticut Ry. & lit. 4's (un stamped) of 1051. X. II. & Derby 5's of 1018. N. H. Street Ry. 1st mfge. 5's of 1013, New London Gas & Electrio 5's of 1033. Security Insurance Co. 13 per cent stock. Connecticut Ry. & U. Co. 4 per cent, preferred stock. Conn. Ry. & Lt. Co.'s Common Stock, Tri-Clty Ry. & Lt. Co. 6 per cent, pre ferred stock. Special Circular Upon Application. Mobile & Ohio 4 per cent. Guaranteed stock. International Sliver Co. first mortgage 6 per cent. Donas. International Silver Co. 0 per cent. debentures. New Haven Water Co. stock. New Haven Gas Light stock FOR SALE BY ThsChas.W. ScrantonCo. Investment Brokers 103 ORANGE, STREET Adventure .. lAllouez Arcadian .. Atlantic ..' . Bingham .. . Boston Ccns. 9 8 Calumet & Hecla 630 Centennial Copper Range .. BS Daly West ... 10 Franklin Granby Gre&ne .. 8 Isle Royal 15 9 16 630 57 10 23 9 & 627 19V4 32 4 10 630 20 59 11 8 87 92 Mohawk North Butte .. Old Dominion Osceola Parrot ,62 49 24 92 13 8 14 51 48 24 91 13 15 52 48 24 1 54 49 25 12 13 WE OFFER Yale National Bank. Merchants National Bank. National New Haven Bank. National Tradesmens Bank. Southern New England Tele phone Co. United Illuminating Co. Security Insurance Co. The W. T. Fields, Co., 9Cft CHAPEL ST. Tel. 5S70. PREPAYMENT OF DEBENTURES" . THE MIDDLESEX BANKING COMPANY of Mlddletown, Conn. Will pay upon presentation at their office debentures of the following series, with interest to date of payment: , Serif D68, Due October 1, 1907. Series DOS and D69, Duo November 1, 107. BRANCH OFFICE Booif Jclelh & Ce., BANKERS AND BROKERS 27 Broadway, New York. MEMBERS OF Hew York Stock Exchange onds and Stocks Bough nnd sold on commission for casb 1 or carried on margin also Cotton, Grain and Provisions. Investmpnt Securities A SPECIALTY. New Haven Branch. 29 and 81 Center St. NEW HAVEN COUNTY NATIONAL BANK S17 STATE STREET. THE NATIONAL TRADESMENS BANK 96 Orange St., NEW HAVEN. CONN. Cordially invites you to deposit such tunas as you may consistently turn to us without interfering with existing re lations with other banking institutions. We would be pleased to have you call or open correspondence on the subject. Capital .... Surplus earnings over ..30),000.0o . .J300.000.00 Warren A. Spalding, President Robert A Brown, Vice-President Fred'lt C. Burroughs, Cashier. Frank B. Friable, Asst. Caafcler. MERCANTILE SAFE DEPOSIT COMPANY FCBN15HES A CONVENIENT AND SECCnB PLACE FOR THE DEPOSIT OF YOUR SB CUHITIES AND VALUABLES, 2 CHURCH STREET IUnion Trust Go. NEW HAVEN. Chartered by the State of Connecticut with authority to act as Executor, Ad ministrator, Guardian, Receiver, or Trustee, under will or deed. . is legal depository or money paid In to Court, and Publio Trust Funds, acts as Urustee for Municipalities, Corpora tions fl.nd TnrilvMitala onA lfl, Trusts of all kinds. Emjpowerea. to act "j"""' "i omens, uonas or other evidences of Indebtedness, manage slnk- ng funds, and do all business such as is usually done by Trust Companies- , It also does a general banking busi ness, collecting checks, notes.s coupons and receives deposits. The prlnoiDal nf each trust Is Invested by Itself and ooimmio mm apart irom the ren This Compnny Is by law regularly examined by the Bank Examiner of the HENRY L. HOTCHKISS. President, ... EUGENE S. BRISTOL, Treasurer, i ESTABLISHED 1834. Capital $350.oon Surplus and Profit.. .$350,000 . . 1 This bank offers to deposit. ors every facility for business, and invites ihe accounts of cor porations, firms and individu als. ," ;.--;:i:,;:.:;-;!.;.;..;;r:; EZEKIEL O. STODDARD, ' President. HORATIO G. REDFIELD, Cashier. WILLIAM G. REDFIELD, Assistant Cashier. SAFE DEPOSIT BOXES FREE TO OUR DEPOSITORS. For the convenience of Its depositors, the Merchants Na tional Bank offers free of charge to its depositors, Sato Xieposlt boxes In "Its Fire and Burglar-Proof Vaults. Here : afforded Absolute Protection for y0ur valuables. Your account is respectfully invited. MOMS NATIONAL BANK Sr STATE STHEET. Prince & Whitely STOCK AND BOND BROKERS. 52 Broadway, New York. 15 Center Street, New Haven. Members New York and Boston Stock Exchanges STOCKS, BONDS and all classes of Investment Securi ties; also Grain, Provisions and Cotton bought and sold on commission. Pritate wires to New York, Boston Chicago and Richmond, Va. C. B. B0LMER, Manager Kcw Haven Branch, C. . Thompsoi! & Sens HIGH GRADE INVESTMENTS Local Bonds and Stocks 81 0 Chapel Street. Specialists in ,. 'COB ALT 1 SHARES CtrUH 8 POWELL CO., 35 Wall St, Nw York City. A Clean Record i ... of Sixty-Four Years. No law suits or unpaid losses under any policies Issued by the North Agon cy since it was, established in 1843. Should this mean anything to a property holder who wants to get the benefit of an experienced and rellabi agency to look after hfs Insurance bus iness? ' Our rates are exactly the same as those charged by others. Why not look into this matter a lit tle? Perhaps you take less pains in selecting your insurance than you do your cigars. JOHN C. NORTH. to CHtrncn street. First Building North of the Post Office. l H. C. WARREN & CO., I BANKERS I f 1 Investment Securities ! 108 ORANGE STREET.- James H. Parish & Co- - succeeding NEWTON & PARISH. Slocks and Bonds Dsalsrs in Investment Securities 86 Orange Street