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Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, February 14, 1911, LAST EDITION, Image 13

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LET. _■
" r <
Leon Feist
(Formerly Feist A Feist)
FOUR-STORY brick, st Lackawanna station,
about 12,000 square feet: also stable; Inal Je
driveway for shipping: heat, electricity, ‘le
vator; rental $1,800. LEON FEIST (formerly
Feist A Feist), now located Firemen's build
ing. Telephone 4848 Market.
FOUR fine floors; entire building 20,000 square
feet: centrally located; $3,000 per year; a
bargain. Consult FElSi A FEIST, Factory
Speciallste, Scheuer building. 788 Broad *t.
PLOT 170x200x250, with railroad siding; an
exceptional plot, with perpetual light; also
brick mill-constructed building and stable; this
Is a rare opportunity in this section; owner
retiring. LEON FEIST (formerly Feist *
Feist), Firemen’s building. Telephone 4848
GROUND floor: corner, mill-constructed build
ing; over 10.000 square feet; steam heat;
main shafting; extra heavy construction: light
on four sides: high celling; complete facilities;
specially adapted for machinist or heavy
manufacturing: low rental for term. LEON
FEIST (formerly Feist A Feist), now located
Firemen'» building. Telephone 4848 Market.
LIGHT manufacturing purposes; bright loft,
4,500 equare; heat; power; cheap rent
FErST A FEIST, Factory Specialists, Scheuer
building. 738 Broad et.
NEW four-story-baeement building; 3,000
square feet per floor, 15,000 square feet al
together; light; steam, live steam; sprinkler
eystem; fireproof vaults; power; rent reason
able. FEIST A FEIST, Factory Specialists.
Scheuer building. 738 Broad st.
4,000 SQUARE feet; comer building; conven
ient railroad wtatlon; steam heat; elevator;
very high celling. LEON FEIST (formerly
Feist A Feist), now located Firemen's build
ing. Telephone 4848 Market.
yr ;
• *
Leon Feist
CFormerly Feint A Feint),
■m *
) - 5
- , %
10.000 SQUARE feet- basement privileges;
heavy mill construction; two frontages; light
all aides; steam heat; three minutes to freight
and passenger depots; low rent; act quickly.
FEIST A FEIST, Factory specialists, Scheuer
building, 788 Broad at.
If, 000 SQUARE feet; four floors; light all
sides: power: eteam heat: sprinkler system;
low Insurance; racks; drying rooms; freight
elevator; rent reasonable. FEIST A FEIST,
Factory Specialists, Scheuer building, 7?8
Broad at.
95.000 SQUARE feet; entire plant; good loca
tion; will alter to suit tenant; J2.000 per
year; Immediate action necessary FEJ8T A
FEIST. Factory Specialists, Scheuer building,
TEfi Broad at.
90.000 SQUARE feet, consisting of four
ground floors; good condition; double railroad
tiding; big yard room; very low rental on long
lea*e. FEIST A FEIST, Factory Specialists,
Scheuer building. 738 Bread st.
WANTED—By young couple, one or two un
furnished rooms, with uae of bath, with Im
provements, in private family. Address
BOOM, Box 76, Star office.
Factorlee of all descriptions, with and
Without railroad sidings; must have go id
facilities for shipping; have several clients
Broad it
756 BROAD 8T. j
ISA ST PARK ST.. 2&—Lar*e cjnneetlng rooms,
newly furnished, all Improvements, with
Iboord; also table board.
^AFATgTTgJBT^ and boarding.
City Advertisements.
Srnca of the Boerd of Street and Water
Commissioners of the oity of Newark.
City Hall.
Newark. N. J., February 9, 1911.
Bttkd proposals will be received at this office |
from 8:IB to 8:80 o’clock p. m. of Thursday, :
the sixteenth day of February, 1911, and opened j
at the laet named hour, at a public meeting of
the board to be held at said time and place.
For the furnishing of approximately 1,000
Cubic yards of broken stone ranging In size 1
from 9 to 2H Inches, and 100 cubic yards of
Kreeuings. Said broken stone to be of the '
st quality of trap rock, suitable for road j
work, and to be delivered r: such points |
within the city limits ae may be ordered. 1
Price to be per cubic yard of stone delivered j
and It s to lie compared on tne above quanti
ties. i© contract' to furnish the stone need
ed b; ne Street Depart .ent for tne year 1911
and a further t erlod at the price bid, if
mutra t agreed upon by the city and the
non i or.
E proposal must be enclosed in a sealed
env je, properly Indorsed with the name of
thf idder and of the work to be done, and
dir cted to the Board of Street and Water
Commissioners of the City of Newark.
Bidders will state their prices In writing as
Well as In figures.
Said proposals to be accompanied by the
consent, in writing, of two sureties (resident**
of Essex County, New Jersey) or a surety
company authorised to do business In New
Jersey, who qualify as to their responsibility '
in the amount of i ich proposal aud agree to
become surety for the faithful performance of
the contract, if awarded.
The Board of Street and Water Commission
ers of the City of Newark reserve to them*
aelves the right to accept or reject any or all
proposals for the above work as they may
deem best for the interest of the city.
Bidders and sureties are hereby notified that
under the provisions of the seventh section of
the law creating the Board Street and
Water Coommlssloners, approved March 28.
1891, that the bond or bonds to be given for
the faithful execution and performance of said
public work shall first be approved as to
gufficlency by the board, and as to form by
the counsel of the board, and j contract shall
binding on the city, or become effective or
operative until such bond is so approved: and
the president of the board shall have power
to examine the proposed bondsmen under oath,
if he shall so desire, or shall be so instructed
by the board, but the l -ard will not be bound
bv any statement that maj be made by such
proposed boudsmen, but shall have full power
and absolute discretion in the whole matter,
and u»is provision shall he referred to in any
vlvc u.sement inviting bids Tor ary such pub
**By^dlrectlon of the Board of Street and
Water Commissioners of the City of Newark.
v General Superintendent of Works.
fabJ-Bt \
List 6in with me. 1 hare customers for them.
843 Broad etr t. Newark, N. J.
'Phone 4886 Market.
BROAD ST., 421-3-6—Rooming houso. twenty
rooms, steam heat, gas and two baths; a
good chance for a tellable person; rent reason
able. LOUIS SCHLESINOER. Union building.
HOUSE, 19 Arlington st.; rent $16 per month.
Apply IMP. REALTY CO., New and Nutt
man wts.
CLINTON HILL— Eight room** and bath, mealy
decorated; restricts location; $28 to >31;
houses also for sa e, easy terms. FINLEY, 1
891 Broad st Tel. 2282-W. Market.
FOR RENT—House, 19 Arlington st.; rent $15 j
per month. Apply IMPROVED REALTY
CO.. New and Kuttman sts.
MT. PROSPECT AV„ 831—One-family houso,
seven rooms and bath; ull other lmpts.; rent
$22.60. LOUIS SCHLESINOER. Union build- ,
WASHINGTON ST.. 606, near CUntorT a~ I
House, eight rooms and bath: all other
lmpts.; Immediate possession; rent $38. LOU13
SCHLESINOER, Union build 1 ng.
Murray and Brunswick Streets.
Six rooms and bath: first floor corner; jani
tor, hot water; sub-rent for $32. FEIST &
FEIST, Scheuer building, 738 Broad ot.
IS West Kinney Street.
Six rooms, tiled bath (shower); complete
Improvements; Janitor, hot water heat; rent
$40. FEIST tk FEIST, Scheuer building. 738
Broad st.
Murray and Brunswick Streets,
i One block from Clinton av.( near **outh st. 1
station; five rooms, tiled bath; Janitor; rent
$30. FEIST & FEIST, Scheuer building, ‘3$
Broad st.
I ARLINGTON ST.. No. 103—Four largo rooms,
rent $10. FIEDLER’S, 142 Market st., opp.
, Bamberger’s.
CANAL 8T., 76—Four rooms; rent $10. FEIST
& FEIST, Real Estate and Insurance,
Scheuer building, 738 Broad st.
FLAT—Central location; six rooms, bath; all
Improvements, $2°. Inquire 30 Green st..
near Broad.
HIGH ST., 236—Five large rooms. In two
family house, rent >.2. FEIST & FEIST,
1 Scheuer building, 738 Broad st.
SPRINGDALE AW, 36—Six rooms and bath;
all modern Improvements; near station; rent
$25. FEIST & FEIST, Scheuer building, 738
j Broad at.
WASHINGTON ST., 344—Five large rooms;
rent $13. FEIST & FEIST, Real Estate and
Insurance, Scheuer building, 738 Broad st.
_ _ LET. ___
TWO very light airy offices In the Byrne
Building. 776 Broad at ; especially suitable
and adapted for architect or h concern le
quliing overhead light; reasonable rent. Ap
ply to JOS. M. BVRNR CO., 776 Broad at.,
real estate department, rooms 208, 209, 210.
BROAD BT.—Building to lease for a term of
years; Urge store; 38 ft. front. For further
particulars. LOUIS SCHLESINQKR. Union
BROAD ST., 453—Store or office, second and
third floors; suitable for tailor, barber or
dressmaking establishment. LuLiS SCHLE8
1NGER, Union building.
BROAD ST.. 658. facing Washington Park
Suitable for studio; an excellent location for
a body of professional men. LOUIS SCHLE8
INGER, Union building.
CHARLTON 8T., 188—Store and one room;
rent 16. FEIST & FE18T, Real Estate and
| Insurance, Scheuer building, 738 Broad et.
1 MARKRT ST.. 70-Wlli I<■(!»<■ to May t, 1913.
IA3UIS 8UHUE31NGER. Union bulldtnr
City Advertisements.
’ PUBLIC NOTICE Is herebj given that the fol
i lowing ordinance nas been passed by the
i Board of Street and Water Commissioners and
I approved by the Mayor of i.ie City of Newaik*
I and is heiewith publisned accoruing to law.
An ordinance granting permission to Puollc
j Service Railway Com any, Ita successors und
assigns, to locate, coiisti uct, operate and main
tain a connection between the easterly Hack in
bloomiield avenue and property of Public Ser
vice Railway Company on the westerly side of
Bloomheid avenue, in the City of Newark,
County of Essex and tftate of New Jersey.
Be It ordained by the Board of Street and
Water Commissioners of the City of Newark,
us follows;
Section 1. That permission be and the same
is hereby granted and given to Public Service
Railway Company, Its buccessora aud assigns,
i to locate, construct, operate and maintain a
connection between the easterly track In
Bloomiield avenue and property 01 Public Ser
vice Railway Company on the westerly side of
Bloomiield avenue, in the City or *»ewark.
County of Essex and State of New Jersey. Th#
centre Hue of which connection is described as
Beginning at a point in the centre line cf
said easterly track in bloomiield avenue dis
tant twenty-two leet and sevemeeu hundredths
of a toot (22.17) southwardly from the intersec
tion of said centre line with the centre line of
Highland avenue produced and extending
thence as follows: (1) northwardly curving
toward the leit with a radius of one hundred
and two leet and thirty-live hundredths of a
foot (102.36) a distance oi eleven lest and
ninety-one one-hundredths of a foot (11.91) to a
point of compound curve; thence i2> still curv
ing toward the left with a radius ot thiity
seven feet and thirty-five hundredths of a foot
(37.36) a distance of fllty-three feet and eighty
seven hundredths of a foot (53.87) to a point In
the westerly side line of Bloomiield avenue.
Said connection being Bbown on map No. 8034-B
attached to petition on which this ordinance is
Sec. Z. That permission be and the eame la
hereby further granted and given to Public
Service Railway Company to operate cars over
•aid connection by electricity supplied to elec
tric motora on tho cars from overhead wires by
what is known aa the overhead trolley system
and to erect the necessary wires therefor end
for tho purpose of supporting **aid wires to
erect and maintain one (1) pole In the location
Indicated by the numbered red dot on map No.
8034-B above referred to.
Sec 3. That the streets disturbed In the eon*
structlon of said connection be restored to con
dition antlsfactory to the superintendent of
afreets of tho Board of Street and Water Com
Sec. 4. That the rails composing said connec
tion be laid on each side of and equally distant
from the centre lines above described and to
be of a gauge of four feet eight and one-half
inoht-p <4 ft k< in.).
Section 5. That the company shall maintain
and keep In repair the pavement between its
tracks und for eighteen (18) Inches outside
Section 6. The permission and consent herein
above granted Is given und granted upon the
express condition that the terms, conditions,
limitations and restrictions contained In uny
ordinance now In force or which may be here
after passed in the City of Newark, respecting
street railways or the use of the public streets
of tho City of Newark by street railway com
panies shall be deemed and bu taken to be a
part of this ordinance.
Bee. 7. That the permlteion hereby granted la
given upon the express condition that the use
of the aforesaid connection shall be discon
tinued at Ho f ,r,e •>' "♦* pa* hit• '*f a resolu
tion by the Board of Street and Water Com
missioners, directing such discontinuance of
use, and said rails, po’es and fixtures shall be
removed within sixty (60) days thereafter.
Sec. 8. Within thirty days after the passage
and approval of this ordinance the said Public
Service Railway Company shall file with ths
clerk of the Board of Street and Water Com
missioners of the City of Newerk Its acceptance
of the rame, which acceptance when filed to
gether with said ordinance, shall havs the
force and effect of contract.
Adopted February 9. 1911.
President of the Board of Street and Water
Clerk of the Boa^d.
Approved February 16, 1*11.
WASHINGTON, Feb 14.—The navy
department has begun the manufac.
ture of ship bottom paint. Instead of
purchasing the commodity In the open
market. More satisfactory results, It Is
said, have been obtained by manufac
turlng the hull paint. Secretary of the
Nevv Meyer expect* * saving of $100.
000 annually
Strength of Canadian and Gouid
Groups Causes Active
Late Selling.
NEW YORK. Feb. 14.—Accumulation
j of buying orders over the holiday Im
parted some strength to the market at
the opening today. The most con
spicuous gains were: A point In Wis
consin Central, Great Northern Ore
Certificates and Duluth South Shore
and Atlantic preferred, % In Reading
and Erie 1st preferred, and % in Inter
national Harvester and Canadian Pa
cific. Almost all of the active issues
sold at good fractions above Saturday's
11 a. m.—Gains established In the ac
tive stocks at the opening were not
maintained long. Prices reacted as
soon as the early buying orders had
been filled. Speculation became life
less after the market had relapsed to
last week’s level. International Paper
sagged 1% and the preferred 1. U. 8
Rubber and Bethlehem Steel preferred
gained 1%.
Noon—The market ruled dull and
showed a fairly good undertone
throughout the morning session. Hear
operators made no determined efforts
to sell and there was further covering
of short contracts in spots. Canadian
Pacific advanced to 213%, a new high
record, with the publication of figures
showing surplus earnings for the six
months ending December 31 to have
been more than *10,000,000. Others In
the Canadian group were also strong.
Tile active issues held welt, although
there was some heaviness in the coal
ers. Missouri Pacific advanced 2 points
to 69 on buying of the character re
cently noted, and there was a general
stiffening of the Pacific group toward
midday, tho Hill and Harriman stocks
rising large fractions. Pacific Mail
yielded a point and National Biscuit
2%. Bonds were steady.
1 p. m.—The announcement of the
new financing by the New York Cen
tral and Baltimore and Ohio railroads
was without immediate effect on the
stock market, which continued ex
tremely dull around last week’s clos
ng figures. Lehigh Valley was sold
own a point, but Missouri Pacific went
peg higher, touching 59%.
2 p. m.~Continued strength in Mis
souri Pacific led to resumption of pool
operations in other Gould stocks.
Wabash preferred advanced 2 points.
Denver and Rio Grande and Texas and
Pacific 1 and the others fractions. The
general list was neglected. Colorado
and Southern dropped 2%.
3 p. m.—The market closed heavy.
The failure of the market to respond
to the strength shown by the Canadian
and Gould groups caused some active
professional selling late In the day, and
the leading stocks went off to below
Saturday's close. General Chemical
sold at 120, compared with 104, the pre
vious sale last, month.
Following are the quotations of the
day’s prices, as furnished through
Byrne A McDonnell, members of the
New York Stock Exchange:
Open. High. Lo w.Close.
Allis-Chalmers ... 8% 8% s% 8%
Allis-Chalmers pf 33 33 33 33
Amal Copper. 66% 66% 65% 65%
Am Agri Chem... 51 61 51 51
Am Can. 9% 9% 9% 9%
Am Can pf. 81% 81% 81% 81%
Am Car A F. 67 57 56% 56%
Am Car A F pf... 118% 118% 118% 118%
Am Cotton Oil... 60% 60% 60 60
Am H A L. 4% 4% 4% 4%
Am Ice Secur.... 21% 21% 21% 21%
Am Locomotive.. 41% 42 41% 42
Am Smelting. 80% 80% 79% 79%
Am Smelting pf.. 105% 105% 105% 105%
Am Sugar. 118% 119% 118% 119%
Am Woolen. 33% 33% 33% 33%
Am Woolen pf.... 96 96 96 96
l Anaconda . 40% 40% 40% 40%
I At, T A S Fe. 107% 107% 106% 106%
At, T A S Fe pf.. 102% 102% 102% 102%
Balt A Ohio. 105% 105% 105% 105%
Brooklyn R T.... 78% 79 78% 78%
Canadian Pac.... 213% 213% 212% 212%
Cent Leather . .. 31% 31% 31% 31%
Ches A Ohio. 86 S6% 83% 85%
Chic Ot West. 23% 23% 23% 23%
Chic, Mil A St P. 128% 128% 128 128
Chic A N W. 148% 148% 148% 148%
Colo & South. 67 57% 57 57%
Con Gas . 144% 145% 144% 144%
Denver A Rio Gr. 83% 34% 33% 34%
Dls Secur . 37 37 36% 36%
Duluth S Shore . 14% 15% 14% 16%
Duluth S S pi ... 27 27% 26% 27%
Erie . 32 32% 81% 31%
Erie let pf . 61% 61% 50% 50%
Erie 2d pf . 39% 39% 39 39
Fed MAS pf.... 63 63 63 63
Gt Northern pf .. 129% 129% 129 129%
Gen Electric .... 165% 155% 166% 165%
Illinois Central .. 136% 136% 136% 136%
Interborough Met 20% 20% 20% 20%
Inter Met pf .... 65 55 54% 54%
Inti S Pump pf... 89 89 88% 88%
Iowa Central .... 19% 19% 19% 19%
Iowa Centra! pf- 32% 33 32% 32%
K C Southern. 34% 35% 34% 34%
K C Southern pf. 67% 67% 67% 67%
Louis A Nash.... 147% 147% 147% 147%
M. St P A 8 8 M. 140% 142 140% 141%
Missouri Pacific... 57% 60 £7% 69
Mo, Kan & Tex. 35% 36% 35% 36
National Biscuit.. 121% 121% 121% 121%
National Lead. 67% 57% 67% 67%
N Y Central.113% 113% 113 113
N Y, Ont A West. 43% 43% 48% 43%
Norfolk . 107% 107% 106% 106%
North American . 71% 72% 71% 72%
Northern Pa Me.. 129% 127% 126% 126%
Pacific Mali. 28% 28% 28% 28%
Pennsylvania — 127% 127% 127% 127%
People’s Gas. 107% 107% 107% 107%
Pittsburg Coal.... 21% 21% 21% 21%
Pressed Steel Car. 38 36 36 36
Public Service.... 119% 119% 119% 119%
Ry Steel Spring.. 37% 37% 37% 37%
Reading . 160% 161 159% 159%
Rep IAS. 36 35% 35 35%
Rock Island. 32% 33% 32% 32%
Roek Island «*% 61 63% 64
St Louis 8 W pf.. 66% 67% 66% 67%
Southern Pacific.. 119% 121% 119% 119%
Southern Ry. 28% 28% 28% 28%
Southern Ry pf.. 66% 65% 65% 65%
Texas A Pacific.. 29% 80% 29% 29%
T, St L A W. 24% 24% 24 24
T, St L A W pf.. 63% 63% 63% 63%
Union Pacific.179% 180% 179% 179%
United Ry Inv.... 46% 46% 46% 46%
U S Rubber. 41% 42 41% 42
U S Steel. 81% 81% 81% 81%
U S Steel pf. 119 119 118% 119
Wabash . 17 17% 17 17%
Wabash pf. 37% 39% 37% 88%
Western Union.... 74% 74% 74% 74%
Wis Central. 64 64 63% 64
The following New York Curb quo
tations are furnished and corrected by
Charles A. Stonehani A Co., 64 Broad
street. New York: Bid. Asked.
Bay State Gas....,.66 .62
Brit Col Cop... 6.50 6 62
•Buffalo . 2.00 2.60
Butte ANY.18 .31
Butte Coalition . 18.76 19.50
Carlsa .15 .20
Chino Cop. 22.12 22.37
•Cobalt Central ........ .09 .10
•Colors do .43 .45
Comb Frac.11 .13
COD Con. .09 .10
•Crown Reserve. 2.50 2.75
Cum-Ely Min . 6.00 10.00
Daisy . .06 .06
Davls-D Cop . 1.25 1.60
Ely Cons.31 .33
First National . 1.62 1.87 !
•Florence Goldfield. 1.68 1.75 j
Giroux Min. 6.62 6.75 i
Greene-Can . 6.00 6.25
Insplra Cop. 8.12 8.25 I
"Kerr Lake .. 7.06 7.12 j
•La Rose Con.. 4.93 3.00 1
Mason Valley .. 9.00 1.60
Miami Cop. 20.25 20.37 ;
Mines Co of Am. 4.98 6.12
Montezuma of C Rica. .01
Mont Shoshone.0* .12
Montana Tonopah.>0 .94
N-Utah Min A Smelting 1.06 1.12
Nip Mines Co. 10.87 1L12
Ohio Copper . 1.62 175
Rawhide Coal .03 .04
Ray Central . 1.56 L62
Ray Con . 17.50 17.87
Silver Leaf .06 .07
•Sioux Cons...39 .40
South Utah.87 1.00
Sup & Pitts. 14.62 15.00
Tonopah Belmont ...... 6.93 6.00
Ton Exten. 1.02 LOS
•Tonopah Min. 8.00 8.25
Tri-Bullion .43 .66
Trinity . 4.00 4.75
Tuolumne Cop. 4.62 4.87
•Uncle Sam.66 .67
Union Mines.25 .31
United Copper. 4.12 4.76
•Yukon Gold. 4.00 4.12
The following quotations were fur
nished by Post & Flagg:
Open High. Low.Close
Allis-Chalmers 5s 78% 78% 78% 78%
Am Agrl 5s. 102% 102% 102% 102%
V Y Air Brake 6s. 102% .
Vm T A T evt 4s 108 .
\m Tobacco 4s. .. 83% .... .... ....
At, T A S F 4s 99% .
\t, T A S F adj 4s 92 .
Atlan Coast L 4s 94 .. ....
Beth Steel 5s.... 88% .
Balto A Ohio 3%s 93 93 92% 92%
B A O S W 3%s.. 90% 90% 90% 90%
Balt A Ohio 4s.. 98% 98% 98% 98%
, Brooklyn R T 4s. 84% 84% 84 84
I Cent Leather 5s.. 99% 99% 99% 99%
Central of N J 5s. 123% .
Ches A Ohio 4%s 101% .
! C A O convt. 96% 96% 96% 96%
I Chi A Alton 3%s. 71% .
j Chi A Alton 3s... 73 .
I Chi. B A Q 4s.... 96% 96% 96% 96%
] Chi A Gt W 4s.. 84% .
| C, R I A P new 4s 74% 74% 74% 74%
Colo A So 4%s.... 98% .
1 Dlst Co Ilf Am Bs. 78% 79% 78% 78%
, Frle cvt. ser B... 71% 71% 71% 71%
Eric G Mt L 4s.. 79 .
! Gen Elec convt.. 160% .
! Interborough 4%s 79 79 78% 78%
Interb R T 5s.... 103% .
Internat Paper 5s 86 .
Internet Paper 6s 103% 103% 103% 103%
Int, M A M 4%s.. 67% 67% 67% 67%
! Kan City South 5s 101% 101% 101% 101%
j Louis A Nash 4s 98% .
1 M. Kan A Tex 4s 97% 97% 97% 97%
;M, Kan A T 4%e.. 86% .
i Missouri Pac 4s.. 78
Missouri Pac conv 93% 93% 93% 93%
! Nat Rv of M 4%s 96 95 94% 94%
N Y Central 3%s. 88% 88% 88% 88%
N Y C A L S 3%b 80% .
' Nor Pacific 8a. 70% 71 70% 71
; Nor Pacific 4s.... 100% 100% 100% 100%
N A W conv 4s... 106% 106% 106% 106%
Ore 8 L new 4s.. 93% 93% 93% 93%
Pennsylva’a 1916s 96% 96% 96% 96%
Reading Gen 4s... 97% 97% 97% 97%
Seaboard adj. 76% 76% 76% 76%
St L A I M 4s.... 83% .
St L South 1st 4s. 90% .
St L So consol- 78% .
South Pacific 4s.. 92% .
So Pac con 4s.... 98% 99 98 % 99
Southern Ry 5s... 108 . ■•••
Southern Ry 4s... 77% 77% 77 77%
St Paul 4s . 99% .
T, St I, A W 4s.. 74 .
Union Pac 1st 4s. 100% 100% 100% 100%
Union Pac con 4s. 105% 106% 105% 106%
U S fl S F 5s. 106 105% 105 106
! U S Rubber 6s.... 108% 108% 103% 103%
! Wabash lsts . 109% 109% 109% 109%
Wabash 4s . 64% 65% 64% 66%
\ W Maryland 4b. .. 88% 86% 86% 86%
j Wh, L E 1st 4s... 84 .
j Wisconsin 4s. 93 .
The following quotations were fur
nished by Elsele A King: Bld.Aaked.
American Railway. 44% 46
Cambria Iron. 46 46
Cambria Steel.. 46% 46%
Storage .. 68% 64%
Electric Co of America. 13% 12%
E A P 4s. 87 87%
Lehigh Valley. 88% f»%
Lake Superior Corporation.. 80% 31
Marsden . % ^
N J Con Traction. 75 76
N J Con Traction 6s. 104% 104%
Philadelphia com. 52% 63
Philadelphia pf. 43% 48%
Philadelphia Elec. 16% 16%
Philadelphia Elec 4s. 78% 78%
Philadelphia Elec 6s. 103% 108%
Pennsylvania ... 63% 64
Reading .. 88 1-16 83 6-18
Reading 4s. 97% 97%
U G .. *7% 87%
Union Traction...'.... 47 47%
US Steel..,. 81% 81%
Warwick . 10% 11
NEW YORK. Feb. 14.—Flour—Dull
and nominally lower.
Wheat—Favorable reciprocity Indica
tions, rains southwest, big world's ship
ments. large Increase on passage, liqui
dation and weakness at Minneapolis
brought about a decline of nearly a
cent In wheat early. Mar. 98 5-16®»8%;
July, 97%®97 G-16.
Lard—Easy: middle West, 8.46®9.76
Sugar—Raw, steady; muscovado, 89
test. 2.98; centrifugal, 96 test, 3.48; mo
lasses, 89 test. 2.73; refined sugar, quiet
Coffee—Spot, nominal; Rio No. T. 12#
12%: No. 4 Santos, 12%®18.
Molasses—Stead y
These Closely Connected With
Railroad Domination, Says
Government Report.
WASHINGTON, Feb. 14.—Concentra
tion of the control of the standing tim
ber In a very few hands, vast specula
tive holdings "far in advance of any
use thereof," an enormous Increase in
the value of "tills diminishing natural
resource, with great proiits to its own
ers," ^id, incidentally, "an equally aln
lster land monopoly," and "a closely
connected railroad domination-'—these
are the findings reported to the Presi
dent by Herbert Knox Smith, commis
sioner of corporations. In the first In
stalment of his long-awaited report on
the lumber Industry in the United
States. The report, dated yesterday,
was made public today by the Presl-;
dent sending It to Congress.
Lumber Comblue Incomplete.
"There are many great combinations
In other industries, ' says the commis
sioner, "whose formation is compete.
In the lumber Industry, on the other
band, tile bureau finds now In tae
making a combination caused, funda
mentally, by a long-standing public
policy. The concentration already ex
isting is sufficiently Impressive, but
still more Impressive are the possi
bilities lor the future.
"In the last torty years concentra
tion has so proceeded that 195 holders,
many Interrelated, have now practical
ly onc-na.f of the privately owned tim
ber in the Investigation area, which
contains ISO per cent, ol the whole."
Big Laud Monopoly,
The more important facts are.
“1. The concentration ol a dominating
control ol' our altuiduig timber m a
comparatively few enormous holdings,
steadily tending toward a central con
trol of tlie lumber Industry.
“2. Vast speculative purchase and
holding of Umber land far In advance
of any use thereof.
“8. An enormous Increase In the value
of this diminishing natural resource,
with great profits :i its owners, 'this
value, by the very nature of stand ng
timber, the holder neither created nor
substantially enhances.
"These are the underlying facts, of
! tremendous significance to Uie public
; wtlfare. They are primarily the re
i suits of our public land policy, long
i continued. The laws that represented
that policy are still largely operative.
! The past history and present status
of our standing timber drive home upon
i us the Imperative necessity of revle ng
our public policy for the future man
agement of all our remaining natural
• The great bulk of the timber passed
from government to private hands
through (a) enormous railroad, cannl
and wagon road grants by the Federal
government; (b) direct government
sales In unlimited quantities at $1.25
an acre; (c) certain public land laws,
great tracts being assembled In spite
of the legal requirements for small
holdings. 8uch laws were wholly In
appropriate to forest regions, but,
though vigorously condemned In sev
eral public reports, they are still large
ly in force.
Valves Geaerally Isrreased.
"What did the government get for
the timber? Of the Southern pine sold
for $1.25 an acre, much Is now worth
$40 an acre. Large amounts of Douglas
ir In western Washington and Oregon,
which the government gave away or
sold at $2.60 an acre, now range from
*100 to $200 per acre. The great red
wood belt In California was alienated
••l similar termR, and some of It Is
•low worth hundreds of dollars an acre.
Practically none of the great forests
in the public-land States was sold by
the government for more than $2.50 an
■icre. The great Increase of value gives '
grave importance to the concentration j
of ow-nershlp."
NEW YORK, Feb. 14—The cotton
market opened easy at a decline of
[email protected] points In response to the weak
[ showing of Liverpool over the local
holidays, unfavorable reviews of the
domestic mill situation, apprehensions
of more serious labor troubles In
Lancashire and a renewal of active
liquidation. Covering caused a rally
of 6 or 8 points from the lowest tm
mediately following the call, but tho
market soon weakened again under re
newed selling for both acoounts, with
prices during the middle of the morn
ng some 23 to 24 points net lower on
the old crop and 18®19 points off on
he new and with the active months
selling Into new low ground for the
movement. Private cables reported
heavy American selling In Liverpool
It was not until May contracts had
sold at 18.91, or 29 points under the
closing figures of Inst week, that the
market received any Important support,
and not more than enough buying
power developed to cause a rally of
more than 6 or 4 points from the lowest
up to midday. Trading became a little
lees aettve during the second hour, but
tho market remained very nervous and
Unsettled, with local professionals In
clined to sell on small rallies, owing
to apprehensions that less favorable
Liverpool advices, unsatisfactory do
mestic mill reports, continued heavy re
ceipts and filfther rains In tho South
west had weakened the position of
some of the stronger bulls
LONDON. Feb. 14.—American secur
ities were quiet and steady during the
first hour today. At noon the market
was steady, with prices ranging from
unchanged to H above parity.
A slightly lower range on Wall Street
failed to Influence values here and the
market closed quiet and steady.
NEW YORK, Feb. 14—Directors of
the Southern Pacific Railroad Company
today authorised a $50,000,000 Issue of
collateral trust 4 per cent, bonds, pay
able in francs. It Is understood that
negotiations are under way for the sale
of these bonds to Paris bankers.
The Howard Savings Institution |
JANUARY 1,1911
Assets. $23,304,942.64 jL
Liabilities. 21,430,988.88
Surplus on Par Values.. 1,873,953.76
Surplus on Market Values. 1,944,657.76
(Sundays and Holidays Excepted)
MONDAYS, FROM 10 A. M. TO 7:30 P. M.
Deposits made during the first three days of any month I
draw interest from the first of that month.
I Dividend declared December 1, 1910, on amounts up to $1,000
J. WILLIAM CLARK, Vice-President
iwhwpwb——mu ijiiui— -mtt‘tuwaassira£
The bid and asked price* appended
are furalebed (broach Klaele A Rlaci
electric, gab. etc.
Bid. Asked
Celluloid Co. 128 180
Con Tract of N J. 76
Essex A Hudson Gas. 139 142
Hudson Co Gas . 137 HO
Newark Con Gas . 97 99
New Jersey Zinc Co.. 395 ...
Public Service ctfs. 104 105
Public Service stock. 119 120
Rapid Transit St Ry Co.. 230
Singer Mfg Co. 310
South Jersev Gas. 183 135
City Trust Co. 160
Essex Co Nat bank. 300 ...
5 eder&l Trust Co. 208 ...
Fidelity Trust Co.800
Ironbound Trust Co...'.... 200
Manufacturers’ Nat Bank. . 260 260
Merchants’ Nat Bank. 265 275
Mut Trust Co of Orange... 165 160
Newark Trust Co. 155 160
Nat Newark Banking Co.. 3S6 395
National State Bank. 220 225
North Ward Nat Hank_ 365 375
Union National Bn k .... 400 410
West Side Trust Co. 240 ...
American Fire . 500 ...
Colonial Life . 350 ...
Firemen's lnsurancs . 480 ...
Newark Fire . 315
Prudential . 450
Con Tract 1st 5s, 1933_ 104 105
Hudson Co Gas 1st 5s, 1949 10314 10414
J C, Hob & Pat 4s, 1949.. 76Vp 7714
Nwk Con Gas con Ea. 1948. 104 105
Newark Gas Co 1st 6s, 1944 127 130
N J St Ry 1st 4S. 1948 _ 7714 78
O A Pas Val 1st 6s. 1938.. 92 96
Public S Gen Mort 6s, 1959 95 9614
So Jersey Gas 1st 5s. 1953. 97 9814
United Elec Co 1st 4s. 1949 79 79*5
CHICAGO. Feb. 14-Wheat traders
flocked to the selling side today, except
those who were short on the market
and wished to cover at a profit. The
reciprocity situation was largely re
sponsible. but there were other power
ful reasons, Including good rains all
through the Southwest, practically put
ting an end to the drought. In addi
tion, the Liverpool maraet was de
pressed by continued liberal shipments
from Russia and free offerings from
the Argentine and Australia. Further
more. cash demand here was Blow and
dispatches told of a decided Increase of
the European visible supply. Opening,
prices were 44 to %®1 lower. May
started at 92092%, a drop of 44 to %. ]
and hung closest to the lower level.
The slump In wheat made corn weak. j
despite the breaking up of country
roads rendering smaller receipts prob-;
able. May opened unchanged to %
down at 4844 to 48%, declined to 48%@ ,
48 44 and rallied to 4844 048%.
Oats followed other gralnB In their
downward course. May started % to
44 off at 31% to 81% and steadied around
Provisions showed unmistakably the|
oearlsh effect of the big supply of hogsi
at the yards here. First sales wore 6 to j
37% lower, with May options at 17.46 to j
17.60 for pork. 9.80 to 9.40 fur lard and j
9.30 to 9.37% for ribs.
NEW YORK, Feb. J4.—Buttei^
Steady; receipts, 8,436: creamery
specials, 29; extras, 270 27%; firsts, 220
24; seconds, 19021; creamery held
special, 20%; extras, 20 asked; first,
71022; seconds, 19020; State dairy
finest, 26029; do. good to prime, 21024;
do. common to fair, 17020; process
special, 21%; extras, 20 asked; first.
18019; seconds, 16017; Imitation cream
ery first. 18019; factory held, 16%@17%;
do, current make first, 17 asked; do.
seconds, 16% asked.
Cheese—Firm; unchanged: receipts,
884; State whole milk special, 16%®17;
do. September quality fancy colored,
16; do. fancy white, 14%@16; do. sum
mer and fall made choice, 1344014%;
do. late fall good to prime, 13013%;
do. winter made best, 1O%011%; do.
common to fair. 9010; skims, 2012.
Eggs—Weak; receipts, 14,688; fresh
gathered selected extras, 18019; do.
first. 17 asked; do. seconds, 16%®16;
do. dirties No. 1, 14; do. No. 2, [email protected];S;
do. checks, 11012; refrigerator first, 12;
do. seconds, 10011; State, Pennsylvania
and nearby hennery white, 20023; do.
gathered white, 19022; do. hennery
brown, 19; do, gathered brown and
mixed. 17018; Western gathered
whites, 18021.
Mambart of tht N. Y. SIoj'x Exelon?)
Mambart of tin Pnllo. Stoik Echini)
Telephone* MW. MJT, 3SD, 3Sfi Marie st.
Byrne & McDomel!
Members of N. Y. Stock Exchange
1776 Broad St., Newan, N. J.
telephone imho market
52 BroaiHah ?«ew Yor\
Mining Curb Bro’«ero
54 Broad Street, Jfow fork
Up-to-date repoi ts (SENT FHEI>)
containing latent authentic Jnfornintloo
on any stock vou may be Interested In
' - - ■ —" ■ - 11 J-.'SJ
WARREN N. TRUi-ELl & 00,
Dealer; in Stocks an1 Sonds
Bank. Gas and Insurant's Stocks % Specialty.
High grade Investment Securities.
780 BrflMO STrt££T
st» \' k-nirv
— \
I T«l Tel.
MM 174*
M«r- Mar
ket. ket.
Are You doing to Europe,
Bermuda Florida or Want Indioa?
Be»fc accommodation reserved Imme
LINES. Pleasure Cruises everywhere.
• Drafts, Letters of rsdlt and Traveler**
Checks at lowest rates. Passport* secured
In 45 hours.
\776 Broad 8t, Newark, N.
Tha annual meeting of the stockholders of
the Home Brewing Company and the election
of directors will be held at the office of the
company, 13 Hudson sti.et, Newark, N. J.. on
February 16, 1911.
Polls open from t to I p. m.
THE annual meeting and election of Lehigh
Building and Loan Association will be held
Monday. February 20, at 823 Clinton avenue.
J. N. UTTER. Secretary.
CHICAOO. Feb. 14.—The threatened
war In automobile Insurance has been
averted by the adoption In this city
by London Lloyds' agents of the stock
company rates on Are and theft. One
of the big agencies here announced that
they would start trouble on February
15 unless an agreement was reached
before that time. The agency now de
clares that the new deal 1b satisfactory.
An effort has been made to get the
liability companies to agree upon rates
with the Are companies, but at the
meeting they were not well represented
and the liability men present could not
speak for the absentees. Consequently
rates for collision and property damage
have been gone over for the present.
The Lloyds' agents agree upon nn In
crease In certain JWWllty lines, but 4*» -
slst that commissions *hn!l be reduced
from to to per cent '
* ^

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