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Page 1: chroniclingamerica.loc.gov€¦ · GOSSIP OF WALL STREET. Hip local stock market was airnin Im-pervious to the London striko news, except IbiH It wn rntlior heavy In tlio first hour.

GOSSIP OF WALL STREET.

Hip local stock market was airnin Im-

pervious to the London striko news, exceptIbiH It wn rntlior heavy In tlio first hour.

bii f Hie selllnir was In pro Kressfnt T,onilon account. It was estimatedtlmt London, following a heavy marketthere oM altoiit !.",ono shares In this luar-V- ri

lt ofTetitms wate absorbed readilyrtiMtittii rtnd with nothing more than frac-tu.n.- il

rereslolis anywhere In the llt, andthen the local market advanced, as If theforeign labor troubles wore of no particularrnnfMiience Private cables expressingcplnlons on the duration of the strike wereeeneriilly more encouraging than the pub- -'

.h-- d despatches. If for no other reasonthan that In the ery nature of things a striketliicittciilnir paralysis of (treat llrlluln'sI imlnr cannot long endure, bankers ly

e tented a settlement before anyirrrnt harm Is done,

Mthniigh the local stock market hasad valued slum the strike In (Ireat llrltalu

ss declared the strike seems to havehad nn effect on soma of the recent bondcfferliiK", and very likely It has caused apostponement of plans for new financing.It tas reported from London yesterday,for liistamc. that the t0.OOO.OOn Atchisonbonds offered there had gone so slowlyl tint i per tent.-o- them remained In thehands of the syndicate and that the bonds

ere selling at a discount of I per cent.It Is understood also that about half of theLondon IIS.Ooo.ooo allotment of Toklohonds llnrs with the underwriters andthat New York's tto.OOO.ooo offering hasnet been entirely disposed of. In Paris,share IJO.ooo.ooo of these bonds were placed,the offering was heavily oversubscribed.There can be.no doubt that the syndicatewill dispose of the remainder here or abroador that the slack London demand for theAtchlsons will long continue. The Invest-ment demand Is sure to Improve as soonas the strike Is settled. Meanwhile numer-ous offerings of new bonds In the Ixindonmarket need not be expected,

Vrnety-nln- e per tent, or the i8,tM,oooInspiration Copper bonds offered to thestockholders haie been taken by them.

Germany continues to negotiate loansin this market. To transactions with thatcountry was attributed the strength ofthe foreign exchange market yesterday.Many of the current transactions are re-

newals of loans of thirty and sixty daysmade in the latter part of last year andrenewed once or twice already, fn addi-tion there is some fresh borrowing forHerman account, anil it Is probable thatthe credit balances of the New Vork hank-er and the New Vork houses of interna-tional' bankers ore increasing, notwith-standing the factthat tnnny of their (lerinanloans are maturing, llerlin IncidentallyI feeling the effect of the British coal striketo a greater extent than is any other coun-try except (Ireat Itritain Itself, Yesterdaythe Berlin security majket was even weakerthan' 1ondon's.

"Dissolution bath" U a phrase coined byPoraker in a speech liefor

business men of Cincinnati. The formerSenator's assigned topic was, "What Is theMatter With Business?" and he cave asune of the reasons that many corporations,unlike Standard Oil and Tobacco, had notset had dissolution baths.

St. Paul advanced yesterday, obviouslyrather looking toward the future than re-

viewing the past. Its January statementcame out and showed that though the dom-inant compuny fared better than most otherWestern roads In that month the systemas a whole failed to earn its fixed chargesby $547,000. The dominant company lost$4W),000 in gross earnings, but Its axpenseswere kept down, with the net earnings de-creased only $M,0(). The comparison ofnet earnings with January of other yearsis, however, less favorable. In loov, forinstance, January net was $1,088,000. asagainst 1250,000 last January. The l'ugetHound in January sustained an operatingdeficit of $159,000. It was authoritativelyreported that February earnings of thewhole system were much better, and spec-ulators alto kept In mind the optimisticinterview given out by President Karllnlast week.

The flrst Government crop-epor- t of theyear will be given out on March 8. It wlttgive the reserves of wheat, corn and oatsleft In farmers' hands. The propinquityof the report Is a reminder that there ap-proaches the time when the crop expertceases hibernating and with faculties brightened by a lonfr. vacation goes out to appraise the damage to winter wheat.

The Interstate Commerce Commissiondecided several rate cases, most of thedecisions, as usual, being against the railroads. None of them was of Importanceexcept by way of cumulative effect. Therewas some expectation, as is customary onMondays, that the Hupreme Court wouldrender a decision In the Heading case, butno decision of any market Importance washanded down. The Heading case wasargued so long ago that a decision was expected as late as last December. At thattime the men who had given the closeststudy to the case were confident of a victory for the company. The court's delayin deciding it suggests a disagreementamong the Judges and tends to modify thecommence in inner circles oi ine company.

Central and Atchison figures of Februaryar loading strengthen the opinion that

though storms Interrupted traffic In Feb-ruary ns well as in January the former wason the whole the better month. Marchshould show a decided improvement, forcars are everywhere in demand to movetraffic held up by the Inclement weatherof the previous two months. With normalneather conditions this month all of therailroads should be actively and profitablyemployed. It has been the experience Inthe railroad business that losses on accountof bad weather in one or two months aremade up by profits In other months, andlew experienced speculators regard lossesI rum storms as, anything more than a super-ficial bear argument. This year, moreover.the same weather which has hamperedthe railroads has greatly Improved theprospects lor winter wneai. ,

The Vacuum Oil Company has filed atMhany a certificate Increasing Its capitalfrom $2,500,000 to $l 6.000,000. and the manNgeinent has cleared up a little confusionresulting from the fact that books closedfor the annual meeting 6" February ID,while at the annual meeting on February :ttock holders of record on that date obtained

the right to subscribe to the new stock atpar. The result of a strict Interpretationof this rule would have been to deprive ofhiibscriptlon rights those who purchasedHis stock between February ID and Febru-ary 20, The stock with rights Ib worthabout JVK) a share and. without rights abouII 80. The manaiiemant cleared un thItuatloa ai soon as tta attention was called

10 11

POWDER TRUST SUIT ARGUED.

Court Instructs Counsel to Saelc Agreement as to Plan for Dissolution.

Philadelphia, .March 4, Argumentrelative to the form of decree and thecope of injunction to be Issued by the

United States Circuit Court of Appealsin the order dissolving the, powder truat

nearn y Detore judges uray,KufnnRton and Crosn in the United States

Irciiit Court of Appeals here.I h K. I, du Pont, de Nemourai com-

pany twelve other corporations and flf-i- "u

individual powder maker axe theiKHulatits,

Without taking definite action the courtadjourned for two weeks in the hope thata Huccokor to the late Judge Lanningmight meuntime be appointed, as JudgeUosm was sitting only temporarily In thecnurt wicancv.

1'remdent Judge Qray instructed the"Hirihcl for the defendants and the flov-"rnmc- nt

to endeavor to roach an under- -'Hiidiii un a plan of distention, He

-- aid iw would grant them ajhearing inttiambcrB next Friday,

THE CURB MARKET.

Activity In thecirrb market yestsrflny con'tinned atalow ebb, with price fluctuationswithin 11 narrow rango. Au easier tendencyCharacterized thnllatlnmi nnri J ha Inilnrllvof the most prominent Jssilcs lost ground 'Kiigntiy. or Hrltlsh-Amerlca- ti Tobacco,,:wnicn tor a long time has boen the mostactive speculative feature, only a few ruin,,dred shares of stock rlmnnul tmnria. nmlthese at an unchanged price of !t LehighValioy Coal Hales stock weakened 4 points'jurincr to iov, but recovered a portion of theloss, The copper shares usually declined,fractionally on light sales. Inspiration,however, held firmly and the bond soVIup to 103, equalling the recent high price.

Transactions In detail In the marketyesterday were as follows:

Open- - lllilf f.mr- - r?i- -"". Inn. tsi. t'l. too., ,

1200 Allied See Co.. 82 St K $1,5tO Am I'oreu Gold, SI at 31 31"00 Anglo Am OIL. 12 nn ti ll'i'.too llrlt AmTob,. 19!,' te4 I8' l$sS( BrllCotCop... 4t 4 4' t'l

1300 Deavcr Cons ' 45 47 45 47'Itoo Rrsd Cop.... $( 51 j t'

2 Conley Foil Co. 285 285 285 285550 Caledonia Mln.... 71 71 ,71 71 .

IM) COD Cons It 13 , 12730 Con Huh Tire. . 7U 7', Vi V(

2KM:iyCon,'. ' 1. 5,18325 first Nt Cop. 2f 2'( 2!i ,tloo FWWoolworth, 78 ? 7 78715 HV Wool pfd... llti, II2U Itl'i IK',500 (ilrouxCop Uln... 4't 4!4 4 t'i

lono Greene Cananca.. ! 'i a sHun) Orecnwalrr.. . . 7 8 7 .':

75 Guggenheim Kip. IK) 1M 188 ICO

75 Houttna Oil... 10 10 10 intoo Insplrat Cons, 18lj350 J I Canr pfd.. (0 inol, tmu

2500 Jlimbo I'.x.. 24 28 2t 38nil Kaser 85'j 8ij ti'i V,310 Ka'yserpfd.. tos I08' 708 IM'sim Kerr Ijikc 2 8

liu Hose,. ' 374 S'i Vi550 l.ehlrh Vat. ,203 203 189 201

42 MoAnd & Forbes. .174 17t 172 173IIK) McKtn II S M Co. 1 6 I 1 8 I I3MA

300 M(in Valley 13 13 13 13 '100 Xlsn Tfsnlt... 1 1 1 1 8

10) M Itumrly.,. 100 loo 100 ,100Un Nesila t'tah.. . I 16 3 32325 Nev Hills, 3 8 2 2 !v201 Pnrcufen.. St,' 34, HiSftl form SmeltersMO I'oreu Northern... I I li

2100 I'oreu Southern. 15-1- 6 1 I

vjw rrrsion 1. uomr. . s 7't v;iKm Itsy Central 33-1- 6 Vi 23-1- 6 2S-U- j

SI II J Iteynolils.. 205 4 205 301 2031200 Silver Klnc Con. Ill) 110 107 110 1

300 Slerrn Con .. , l'i I'j I1 I'V5t Stewart . tU 13-1- 6 l! .1!.200 Trl llulllon. i i ,

75 Tonnpsh Mln of N 711 7' 7' 7'2)Tonnpsh i:ncn..i 1 9--i I I a

10) Tulsross.. "s l

10 I'hlClg .Stores.. IM 188 188 IM200 t'SMAHtpf.. 7 7' 78 7i.210 L'St.tAHl.. . to'v lli 10'j tl'y5M U'ettlaufer.. . 75 75 75 75

'BONDS.F000 ChPUU SLA Om.105' i 105' 105' loi

3I0U) Cllyot Toklo 5v.. SI? i 05 91. 4li'Aovrj nplrCons6.. . 10(1,' 105 I04lt lOt'C5tt) Ullfipar A N 4s. tM( ( 4, oi;f5000 Uls KanTrx5s. . M'i 90', t' 9014

10000 Usnon Coal 4s, . 91 94 91 9

9000 N Y City 4141... 102' 102 15-- 1027s 102 8

jnooo NY WeslAH 4!js.. 9's 99 99't Mi150W Pari C A I'.lee 5s. 12 92! 9I! 9r

CURB STOCKS CLOSING.

Am Coal Print pf w I.Pay Stale (!s, .I)raden,.. .. ,.Ilrllljh Col Copper...nrlllsn-AmTo- . .riorenreGlrcxix.. , ...rirctnr Csnanea,. .

nuiienhelm . ..r

InsplrsUon ConsKerr LakeUb Val Cost w I

La llwrillncs Co or Am...ltisen Ysl.5tanhsttsn Transit.Nfacla-Ui-

Nlplslnc Mines i.n.:Ohio Copper.I'or uplne Cent .,Hay Copier..Sttnitard Oil. .

HUndard OH ei subsMuindsM Oil subs.MuitrbakrrSludebsler pfTonnpah Mlnlnir .

Unltrd Copier .

I'nltrd Copper pf ,.I'nltrd Clear Mf ,

Cn)led CIrsr .Stores.Yukuu Oclil.

Hiaden 6hChi Kl 5s.N Y Wrst A II !',Hoi k l.Uiul ileb 5s.Western I'acll'c 6.

nJ. AlltdMJ. Atkni,,1071 I07U 107!i 107', '1 !j

.. 51, Hi 5".-- JV. . 4, 4i 44, 4H

19!, 19. I9U la,'..80 C2 59 82.. 4 4.VI6 4 4

.. 77, 8 6.. .165 191 )7 190

.. ll'i 13 ll, 15 "

.. 1B.' I9' Wi27 2 8 '5?, 3

. ,200 ?02 X3 "201$1,5 6 3', 3 15--

. . tU i fi 31,

i:i ui, is1, 1, 1, 14,'

. lt W

. Hi . 7', 7, t'jII, 1 I's

3, 37( S'i 3i2 li 2 :'(

.NXI 810 7V0 605,..357 361 355 360

l m 40- - 480

Mil 61 M'i 51. 1U, 101 101

7. 71, 7, 7'tl! IK I

. 10 15 10 1653' 54!, 53', 34')

167 ISA IM 164

s. 3 Vl 3 7 16ONIW.

19) 124 120 litMi W

W t"' J ISJ',B7' B'H 97', Of',M M M 61

THREE SUBWAY SUITS.

Justice Blackmar Hears Arguments forInjunctions and Reserves Declsloa.The legal phases of the proposed new

subwaV contracts were argued yesterday before Justice Blackmar in the Su-premo Court in Brooklyn, there beingthree actions before the court and morethan a dozen lawyers to try tr.em. ,

John It. ltvon. in a taxpayer's suit.sought an injunction against the Brook lynRapid Transit Company and the PublicService Commission, the Admiral RealtyCompany wanted the Ititerborough andthe Pu olio service commission restrainedand the third suit, brought bv John Jliopper, was directed against the PuhlioService Commission and both of thenmneting companies.The proposals in the tentative contracts

nrn obiected to on the groundlthat Uievviolate the State Constitution and theprovisions of tue rapid transit, act andare not within the power of the city toconclude. The defendants hold thatthe contracts as proposed are legal andthat the plaintiffs nave no cause of action.

Decision was reserved.

Uve Stock JVJarket.IfOMPAT. Uarrh 4

Herelpl of beeves for two days were 3.690ncsa, including ua cars lor Biausniercrs sua31 cars for the market. Steers and built In fairdemand and steady; cows slow tos fraction lower;the yards were about cleared. Common to choicesteers rold at $63$7 90 per 100 lbs.; bulls at IK58.40; rows at 12.J5VI5.25; Ulleods as low aa 53.Dressed beef was In fair demand and steady at'12!ic per lb. for common to rholre native

sides. London cables quoted live rattle selHncat H'i'if 5!Jc. per lb., dressed welfrtt, sinking theoffaliat LUerpool live rattle were selling at 2U?lJliC dressed weight In addition, to the otfal;sncep (weincrsi ai iv,t.i4,c.. urrssra wcigni,Nn rtnoru of live stork from tbtt Don v.

Hecelptt of calves for tso days were 3,430head. Including 1,614 for butchers and 1,616 forthe market, with free receipts and decresreddemand the market dropped $1 on good to choicevrals and II. CO on medium grades: barnvantand Western calves were also lower. Th6 penswere npaiiy cidsii-u- i,uuuiiuu ,u mim-- veaissold at STitlt per 100 lbs.; a few at $11.28; culls at

so: baravard calves at 13.7i2S4.50: tstirnaat $4.76. Dressed calves lower at 14 517c. forCity areiseo vcais; iiisiv?c-- iur vuuniry urrs&eu,

iirreiott or theeoand lambs for two davs ur14.367 heat. Including l!4 cars for slaughterersana lo'i rpr ins marsci. nncvn wctq run sieaa;iimh. A fraoflon lower than Saturdav and 1635c. lower than rrldar: the pens were not quitef leared. Common to choice sheep sold at$6 26 per 10O lbs.: culls at $2.50s$3; common torholre lambs at I5.50ts7.p; yearlings at 15.504M. nressed mutton steady at 7!i's9e. per lb.;dressed lambs quiet at 10lcs)lc.;hor dretedat I2ic: country dressed hothouse lambs higherat $4 a $9 per carcass.JItecelpta of hga for two days were I6.02S head.Including 4 rara for the market. Prices were 10to 2()c. higher at $8 SO 467. 10 per 100 lbs.: pigs soldat $6.70.!1.90. Country dressed bogs steady at'5!c. per i".

Us

New Appellate Court In Brooklyn Opened.'The new Appellate Term of the But

preme Court in Brooklyn, corriprieingJustices uarretson, ttapprr and Mtapleton.held its first session yesterday in theOfferman Building in Fulton street. It Isto handle appeals irom ine municipal andminor courts. There aro more than 500cases already on the calendar;.

FINANCIAL NOTES.

Farson, ."ion & Co., announce that theyhave secured the services pf 17, M, Hel-nac- li

of Chicago for their bond

4

THE SUN, TUESDAY, MARCH 1912.

MISCELLANEOUS MARKETS.

COffee Lower Liberal Receipts VisibleHerreascs More Than Kipected.

Coffee net o;l In n manner to puzzle thehdvotfates of better prices, inasmuch as Itdeclined In tho-fac- e of what was superficiallynt least u bullish visible siinntv stntnment.l(;,sh&wed a decrense even larger than hadnecn expected, reaching 570. duo bugs, anagainst only 227,661 hags for thn snmnmonth last year, Tiat mnkes tho totnlworld's visible supply on Mnrch l l2,Sm,247bags, against 1.1,.146,..51 n year ago and15',:i2t,5,1R two years ago, Havre am) Ham-burg prices wero both lower Ilrar.lllnnmarkets were unchauged, Thecoffeo tradehad nn eye rather for tho continued bigreceipts nt llrnzlllan markets than for the.monthly statistics. The big receipts manytninu give enjor to the Idea that tho crophas been underestimated. The warehouseDeliveries In recant woeks have been verylarge: much larger Indeed than In the cor-responding weeks of lflll, tint as a wholethe Interior seems disposed, so far as

Is onncorned,' to buy from handto mouth. The speculation continues light.4 tin outside public lets It nlone. Cost andfreight offers from Hlo and Santos weresaid Ip bo 5 points lower. The market; Islargely Ignored, for the reason, ns It ap-pears, that It Is n clhtiied affair. The aver-age trader hesitates to sell It short for fearof possible punishment from the powerfulbull Interests. At tho same time ha isnfraid.to go long for feur of being loadedwith long .coffee by the same prominentpeople. '.The result Is such smalt tradingasssen lately. Yesterday, with a bullishmonthly statement, the transactions atthe exchange reached only 4S.750 bags,

.Coffee on the spot was.tiulet at I4,,c.for Hlo No. 7 Hlo was unchanged. Santoswas unchanged. Iteceipts wore: Hlo, 7,006bags; Hnntos, ix.rain bags; Sao Paulo, 25,000bags, and Jiindiahy, s.fioo bags. Uist yeartho receipts nt Sao Paulo were 6,000 bagsand nt Jiindiahy 3.200 bags. Futures were

s follows:."'.i'r. Illohrsl, I mctit, CMilntf.

.Unwary IVI j ;i n ;r, I? 28HI3 16Vwfh,, ?."ll 13 II) 13 10 13 lll13 13May ll.(O) 13.11 13 OK IJ 154111 28September .:s.7Mi 11.11 1.121 I3 30V1.13IDecember I0,vx) 13 --7 13 21 1.1.27WI.1 26

Pnovisiovs. trd was linn; primemesisrn, mi.i reiineo continent, jo.mi;South American, $10.23. Pork sun quiet,mess, $17.2541 $17.50. ilecr was quiet; fam-ily, $15fa$l5.5o. Hutter- Creamery extras,tnlii: Cheese State, whole milk, held,average fHiicy, white, t;t,c. Kggs Western nrsts, 2jp. Chicago. March 4t Pro- -visions were Koine hat higher early withJiogs and under n liberal general demand.IkjchI shorts bought Inrd. Selling bypackers ami a prominent local operator,together with free realizing, caused 11 reac-tion and a lower closing than Saturdayor the list. Cash trade remains dull. Prices

.werei as follows1Oprn- - I.nir- - Ctoi' I'M.I.ttril lim. r.r inn. fn.rMay , M 11 1ft P 3Vi P.IJ'i 9 I2J

llllV.. 9 I) 6- n .: 0 66 U 57'5ePI, 9.77l-- 0 i H) V 70 D.72! 9 75

ttsv . n.ivu x " k is s nit s "oJul) , ". .W-'- 4 S M'n s 621, SM 6 90

PI7 .. ' U 10 It 10 V CO V K)1 8 70rare; tMay .. 13. UI 11 mi I3.67S 15 75 15 65

July . 16 ?"' It, I.S 97U 16.00 16 !:',Vpl. , 16.50 16.25 16 15 16. 421,

SfOAB.-It- aw was quiet. Centrifugal,96 test. 4.61c: muscovados, so test, l.l lc.Tteflned was stendy; granulated, 5.XV.

Navai. Btoiiks. Spirits of turpentine.5;ie. Common to good strained rosin,$a.--

o,

RAILROAD EARNINGS.

l'he Chiracs. Mllnaukee and St. Paul ItallwavCompany reports lor January:

1912. Chanct'.tiross earnings tl,35ejU Dee. $110,276Kids. mt taxes less net

(juune opersuoDs.,.,, i.uojuOperating Income... . S2H.545Fafc'm1Jul 1! '

(ruts earnlugs.v. i . .$.17,600,03pxpt. and uxealns net

uuisue operations.., . zs.iv.iioOpe'raUng Income... 5)1.171.193

VUCKTOilosao. yilwatikee and Puaet Sound llall'

way Company reports for January;j rtannn.tiross earnings. . . . $931,73$ Dec $59,633Kxps. anu laiet iea

ouisine o)erauons,. . wi.iuOperating dcflrlt 112,320I'rrim Juk- - I:

iirost-raralo- u iu intxps. and uies lessotii&jae operations s,ioi,i63Opera'tlng Inromr . $3,250,913 Dec.

LOt'lS SOUTHWKSTKII.V.The fit. Southwestern sistera

rcuuiis iur .fanuar ;

Tout optr. reienurs....Optrexp. and tairs.. Operating Income..,,Other Income.

Total Incomt..,.PUed charges

Surplus ..from July t:

Total oper. reienues.. .Oper. eipi.(and lain.

Operating IncomeOther Income.

Total Income:.Fixed charges....

.Surplus.,,,

Net . ... .

I:

and

Dee. HtaJOM

I)C.

lxiun

ONTAHIO AND VK3Ti:itN.Tew Hallway

Company January:tiross earning) $32,866

exps. taxri. Dec. 3,765

earnings.,Charges,

IleAclt...I'rom July

Oross earnlugs...cxpf. taxes..

earnings.. .Charges.

.Surplus.,TH IN nAPIOTHANSIT

TheTln Companyfor January:

earnings. .jperatlng expenses,,

1912.

learningChsrtes dlv 110079

Inc.

Inc.

lacInc

XT.

Dec

life

Inc.

Dec.

Inc.

Inc.Inc.

Inc.

Ilie andtor,

1912.Dec.

Dec

Dec

N'et DecDec

Dec

1912.Inc.

N'rand pfd.

Dec.

Surplus., .

NASHVIIJJ5. CIIATTANOOOAThe Nashville. Chattanooga .St.

Company for January:191J.

Operating ,Operating expenses., ... Dee.

Net operatingTaxes ,.

Operating income.,..From I:

OprraltngOperating expenses.,.,.

operating rev.

Operating Income.,,. $1,188,209

The Minneapolis, St. ateCompany for January:

112.earnings.. .. , .' Inc, $166 616

and 74 532

earningsFrom I; 1

(Iroat earnings. ...Oner. rip.

Net .,Chicago

Cross earnings.. .. -,

exp. and taxes,,,,

Net earnings1;

Grow cimlnrs.. ,.Oper. and taxes,,.

Net earnings

$945,679769.901

$176.1,767B.IXO

$254.VAII202.915

$7,203,1403.019.236

$2,279,611

$1,756,017

5,

Dec

Dec, $2,658,110

1,861.762,

Dec. $.$ IISOU.S'I).

1912.

Hallay

Inc.

Dec

$52,085

1JA3JI7

DecDec

Inc.

SB

Western

CAanM.

and

$5,426,5174.049,766

Dec.

Dec.

$I.I76,72U

CITY

Inc,

$150,531

$331,217

Channel.$110,196

226.677

$487,127

1IJT2..VXI 1362.TOIYORK.

York, OsUrloreporla

$8Ag.i63Oper. 561,216

Oper.

$67,987

$17,467

$n,OI9

$40,4S3

76.1,116

$391,313

$:i3.63l

$25.191)

TransitClanm.

firoas $63$,50S

$270,576

DecU3P1S

andHallway reporta

Cnonuei.revenuet $974,roi Dec, $153,209

7ss,u36 67,963

Julyrevenuet

NetTaxes

NetJuly

and taxes...,

Oper.

From J'uly

476J06

105.454

$208,565 Dec23,616 Inc.

Dec

$7,057,711 Dec.5,402,790 Inc.

$1,661,921 Dec,188,712 Inc.

HallwayChmat).

$1,089,961exp.

earnings.division:

exp,

Inc,

110.254,504 Inc $2,193,667Inc.

31. $7563,725

$673,500 Dae567.165 Dec

$5,458,820 Inc4,017,272 Per

99,1

$159,189

1.161.751

61,717

26.S9

$22,252IS.MI

432.061

lT3S.cn

84,424

NKW

$8.6?329.054

$20,161

$32,72532.474

82,317

$202,862

City Rapid rrpnrts$ia.i

384.933

Deo,

$46,461

28,140

$11,571

$130,198 $11,571AND ST.

Louis

rev,,.. $63,2361.529

$182,719 $88,755

$56.71S66,062

$128,29010,703

Dec. $138,993SOO.

I'tul And Sault Mariereports

RrosaOper. taxes.... eo5,290 Ine.

$264,671 $93,964

6.106.85.1 609,850

1)7,661 Inc.

$39,52032,122

$105,124 Pee. $7,398

$54,767115,343

$1,441,548 Inc. $170,045

Booth Fisheries J2a.President A. B. Carpenter of the U001th

Fisheries Company, Chicago, reports fortho twenty months ended December 31,

net results from ull operations of?l,f63,uOO and a balance of $1, 216,000

tliete has lieen reserved for'depreulutlpii the sum of $540,000. A highrate of depreciation baa been adoptedbecause the new management has beenIn control of the property so short a time.The balu4ira sheet gives assets us

and 11 tutul profit and loss sur-plus of $BO0.ISO. Tho company InereuaedIts capitalisation by $6,0(0,000 new com-1110-

stock at the aMiual moating on1'ebruarr II. and by 11 Increase In Itspreferred of $8,000,000 changed the sta-tus of the old first preferred, tutu secondpreferred.

Oregon-Washingt- on Railroad & Htvigatiin Co.

First and Refunding Mortgage Four Per Cent.Gold Bonds .

Due January 1, 1961 Intercut payable January 1 and July 1

GUARANTEED, principal and interest, by theUNION PACIFIC RAILROAD COMPANY

by endorsement on each bond.

Secured by direct mortgage lien, at the rate of $36,632PER MILE on all Union Pacific lines in Washington andOregon.

Price and detailed detcriptien en application.

CLARK, DODGE & CO.BANKERS

51 Wall Street

THE BOSTON MARKET.

Hostox, March 4. The copper shareamarket continues to rule stronir. Trad-in- u

y was not largo In volume, but asmall demand 'found offerings Ilifht, withresulting advances In prices. New highprices for this motemont were made inmany issues The stronr features... . , ..1 - . . runa

y inciiuieci nnnnno .. " such bonds lo be delivered and paid for on Vli?Huperlor, I nlted w, at the omce of the Metropolitan

and closed with n net Bain. In the mlscel- - . . liluncous list American Telephone and Tele-

graph and American Agricultural Chem-

ical were Arm. New York, New Haven andHartford sold at 140. The summary:

open, nirnrm .tilvrnture . :t$ 7I7ii .xicnman.. a'tUi Allnue. . 42'4

1113 Anialtamaieil.. ail,107 Am inc.... 24.i ArUuns t'oinl.. ';n llostnu & I'nrliln.. lso llullr & Hsl.. 4'.

tm llutte & Mup... 2lt139J fal a ArUcna... ei'i

14 Calutntt It Hecla..4M10 I'cnlrr.nlal.

1m I'nn UprclirvChlnn Vi?s

am fopier Itanie... r44) Cast llullr. 13Jin Franklin. I.11 (ilroiu.. 'i

n", riranhv... .W7 (Irrcnefananca

Ho Hancock.. UIlrdlry (told ll'i

D llrhrll.i.. Ih110 Indiana. U'ik'.a Inspiration.. 19' t

i2 I'lsnil Creek pf. 7

1.vmu llr Itojalr. :si2iii Kesrenaw.. 1!

&.U lke Copprr. V!',.vi ilaaon vallty. I.t2in

10 MayPoAtr lo'i1.114 Miami.. 2H

123 Mohawk .. &7

.usi .Nuads Cons.. 16J420 Nru Arcadian.... '(s.1 Ntplsslnt... 4

2.H1& North llutir.. 220 .North Lake.4n oiiijwa).... e

SM Old Colony Mln. :t74 ()kl Dominion.. 4!,13 Oscnila tie4S Oulurv.. . 7l(

US llay Cons.,,.. Il44m Santa rt.. t

Mi Shannon.. . 114sis Shatiuck A. , 0470 Mari s land.. S3

S.Y3 Sup Copper. . 1S j.10 Tamarack.... .10

s Trinity. Wj1S7 Tuolumne... . Shto t'nlnn Copper.. $4

2AO t!S Smelter... 7JI4A t' 8 Smelter pf..470 t'tah Apex $ I 10170 Utah Cons.. lago t'tah Copper. "tno Victoria. .. . 44

ira WinonaU(, WoUrrlnr,. 11.1

4S33 WandottF,. 3'4

tat

2S

4k

24

20

M

STOCKS.ID Atrhlvin . 10$ 10S

llosion ft Alhany..J20'i 220'sut Holon i:ieated 193 ISJ'i24 ChJr 4 S V Pf, 113 !'II- - Mssk pf 97

2US Uati slKl. S3Mas wrutit 79'

741 Usx Klec Ire war .lata 20S3 .V V N II ft tl 1.19'! 13'

llnllaodlpr. 48 48in fnlon PaclOr taisj S4's

4 W Knd St II II pf 102 PC, MISCnl.l.ANKtiL'S.

14347 Am An ( . wis eovim am Arcnero pr74 Amnskrar Wt. . 79

114 AmoaLraf Mf( pMUI'i110 Am 1'nrii.24 Am I'neu pf

nn Am Suitr71 Am nusar pi.

lam Am Trl ft re i

II Am Woolen pf$8 A O ft W 1 .

in Ilnslnn tjindKaat llotlon Land.

m.

SI

1$

117

7l

?810 Kdlton I'.lec .298So (ia Hy ft Flrr .l$4

4)0 (ten F.ler. 182 4412 Mass (iaa... 91i

43 Mass (la pf, .. 971,10 McKlwlln 1st pf..,107no Mercentbaler.. 2$l20 MexTel. .. S',in K Coilon Yarn. 10333 N KCotYarnpf,.10'-- i

142 ruuman.. ..429 Keecc Button132 Swift ft Co..

Torrlniton...to Torrtnston pf..

IIS I'nltrd Fruit . .

Unltrd Shoe. .17) t'nlted Shoe pf.

V S Steel.' 121 V S Steel pf,,

()

.

148',

I0SI,..

..

(

:.n

i,V.'i

W',

2a

an

ao

48

M

24

I'.lecKlrcKlec

hem.

3144

2570

79

118',

$'1

Ufa

BONDS.$800 Am 8s. 77 772000 Am 4s,. l'2000 ArltCsrlfs. 441,

A (1 ft W S M .3000 ft Joint s .974,lono Leather 94inoo .V E Col Yarn 971,'1000 United F 44s.tooo s Steel .. l(Sl2 I03T,3010 Trl 4 Tel

'"vi

CUItn STOCKS, CLOSING PRICKS

Ahmeek,

llohemla itlloston-l'.l- y 1

CactusChemunf.Davis-Dal- y

National Copper 2I,

4lt

.. 1$.

South i'i 8),'

SHORT-TER- NOTES.

.Varna. P.C. UaturltuAmalCopCo...6 llllAnnArbltltCo.,6nail ft Ohio..Bsth Stl Nov.,

KR..44 June.Kiev July.

iit$1913

Chi A Alton.. Mrl.13.1ll3Clnllsmftl)ay.,4 July, llllD 11 equipts. 4! j July.

0 Co. 6 llllKrle It ll, .6 Aprils. 1114Krle H It. tillUen Co.6 1911(Jen RubberCo.44 July, llllHudson .6 Feb., 1113

ft Nor.. ,sInt Harvester.,I jck tMinn ft I..... 4

Kan ftTex.8Mo Pan Ity Co..

ItyCo

tin

Msr.,Feb.,May.June,

ma.

118

US.

II.IU?

2$'i811

.10$",

April,

June,till

11$

N Y C It ltCo..44NYCIInes.eqpttl Nov.lllJ-7- 1

NYCIlnes.eqptst!, Jan. ,1113-2- 4

nu.sar, , aiiiiitnr. aSouthernTidewater

Typewriter 4Wettlsghouse,.

I

s

Ml-- !

l'4VI',

.'!

210

la'

St'iM

I'Si.V

7

'10H

S7'-- i

A

J11

22 1

31

a

1M,

114a' J

97S3

2 79

s

It

8

8

It

414

117114't

8

b18t18402' i98

107221

103lOt't

3129i

184II28U821,

luaii

IceTel A 91'4

Ml40 I S 67, 67li

(Ml 971,Cent 4a. 94

4a.. 91 W123 MK 90S

1 4a.Vft 6s. 10011 100U

.1

Pft

.$ Oct..

Cos.,Int

Mo

1914

Mch..

sscn.,

Cm

I09,IUI,

298

100

1714Nil9s

isis lonitma i111$

llll114

iia

101

101

VI

et). 15,

Ixnv- - Closest. In

'

:!421

244

1.1

4's'i

I7'I'l

14',19'.at

.V4.

'.!10,.?,4(

2."8!7;

49-- t

7'(

.13

5;$i

.?4A

3 1)11

(

r

IS

4471

11321l

220',111112

S379419',

13t48

184 Si101

49),lot)',79',

1014

14

lit119

l2l911,t7t,

107221

I'j103104

1$1(11','II29' ,

183',401,M'(81

101';

77

III.SK94

98 tj1021,

iuu4

Unit

101

IUO

..-- .D V'l'l.,

41,

4SI21a

48IV,14l'4

'illist,llll,

7

34

)slo424MS211

7

40118

It,2'4

30an

si.4

I

68

.V,

20

102

ia

1$

88S74

It;s14

ts107

ton10$149

H.31

184$1

779144874971,94

AiUi,210 280

llay State (Jas 21

lit. 13 14

6

2?tItnsp... 4 3I4-1- 6

New Halllc, . 4tOnecn.. 13Itavrn.Rhode Island Coal. 26

May,

Corp..CheatsChi llva...t

III!Den April,

Motors Oct.,

Steel

,,4

lie

Aug., 1914

47U

2)4

A Inl,Bid. yiild.

101 1.91Ifi 9914 4.80

100)2 4.24)ioil $ i

99K 9911 4 10984 1.4099l! 99J $.2099,

100!

IIS

101

98',

184

lttt

ioi;1004994

.!!'$

4.10

4.4$$.04

SO

4.$0ll

406i 6.40

4.1199T 4.10

itia tt a.2u111$ 101 4.00llll

Jsn.ll, 1131113 104

DAILY FINANCIAL CALENDAR.FA DIVIORND,

Rnrdrn'a Condensed preferred.

Chlcairo Railway.Celluloid Company.Du de Neiuoura Powder

(ItHDepartment

SouthernANVUAL MF.nTINOS.

AmericanAmericanAmerican Woolen.

Carpel.Havana-Americ- Tobaooe.

sa

st:,

OF

I, 1912.The and

byIn to be sent

nn or $ui, to theof the of

to as , at49 In the for the

to (for the of (40) thenf the said Piifl

at Its1101a iwdui, nucn aaie ana

m,

Ms

.io"

Tel

I48'

iijIn,., I . .11.1..I'll -- "- - ,,. IVIPI O.W.

In The sum- -drs mar;

sii

21

i,

M

2tfM5J

'

8'

.11,1M '

117

'4

!

Bit,20II,

ls

..61 70

La

.1624

1.1

utCo.

SI

1914

tj

Ai

4,31

4.4.101.206.00

SB), s.cotoil

U 9.00PS M

964.20

June, vv,1004

10114 4.70

4.20

1

and

Yield

OFF1CKColorado aad

Denver. Colorado.Colorado Fuel Iron Company (tuccrssor

Colorado Companylproposals wrltlnc,

MetropolitanCompany New (successor

Company NumberWall of New

sale. It ofnow outstanding flnlnrarlnCompany, Morlcace Siskins:

io iaae caecisaid

THE PHILADELPHIA MARKET

PiiiLAbFXPHiA, March 4. Lehigh Valley

closing gains.nlh.nl.a In .,L-- .

" -fairly

Inr.a Am 44;,a PaklHln i(..l03i,

34.1 Camhrla 4l,SConTraeNJ.... 77278 F.lecStorare 41IM) 32'422 St Nat

2Sn (ien Asphalt.... .ll'i210 (Ien Asphalt II

Ins N ...a Kerttone . o'j

13 KosinneTel pf.. .Hi88 l.en Nav . m

143 Nav rtf st423 Valley..

31S9 Vallrsns 111,lien i.eh Val pf rs

.1 ro328 It It,. all,

2 SaltA pf.. ion

2M . 18874 It T 3.it;

219H Iteadlnc. 771323 Tnnopan Vllnlnr.. 7 718

itm Tnnopah Drlinont 10io las' :

204 Oaa 87?i8641 I' s . . 2)t

2 4b Va Ry. 4Jn to

UONDS.Am (I 4k . Vi

1000 Am 111 S col 8s.. 98imu Urthlrnem Stl t.,ll$',-I-

O) Con '1 rac N J or..2000 F.lec ulino Kast Schuylklll4a.l(ulooo Kqultable Oaa 8.. 10814300 (ten Atpbalt lch .itui Jnteistatt4s... , &4

lorn Int 3s.. 70UK) V'al (en 4s.

V 9;Readlnc ttsi-- jnpsn Am iron o..imhnn) it. aa' M'iaooo Ky lav S3),

THE CHICAGO MARKET.

March firmerIssues, Heara-Hoebii-

to ,,l0win- - heavy volume of trading--.

gradually to higher'pu"lderable tlmei.- Illinois prominent

advancing points on limitedEdUon

...tie. .n.tU'4

.oi Ctn.

109,7$U

iOII,

HUJ

221

ineii

2SI(82",

108h

First

li

Prtct Apr.

I00i10041mill981,

U.OU

99l( 1001,

1004 I00M

l!lO100!,

Feb.,Jimi. tOltl

1001 lOOTi 4.10Aug., 101!,

Milkllosion Woien Host Rubber common.

City

Pont common,l.liht common.

May Stores.i'arinc.

Cities.SnulT.

The Fuel IranMarch

of.Tbe Fuelhereby lnttea

before April 1U,Trust City Vork

Atlantic Trust trustedStreet, City York,

alnklnt fund) fortybonds

Ueneral

mates

day, with goodlnlar.ll

rii)l Konds uood

'l he summary:OO .... .

3

3

1

t

4

"

Americanzoo Am can pfd187 pf.

AO comwlth28 sialrb

tlnenSales.

HllaLocoSteel..

Uly..Krle...Fourth Dk.114

pi..,Cool lljj

1'el...

ttoctLrlilehI.ehlch 79'Jlhlsli IranMine mil..PennaI'rnna IKc. 124UPenna SicelPhlia Flee.I'nlla riff...

I'nton HactncUnited Imp..

Steel...Wsnlork Ity....

$10800 F8s..

inMPeoXs.

OB'I

Ijl.e SupLehlch V7('

II

. l

J ID20 Sh ft Mrx pf

684 , 81440 llaivetter.,,101

110 M . 14i 40 Peoples .. .

40 pf . 09 1 J$374

to si's Stbl Car .

46 United210 US

44sSUM10007000

ltono

BONDS.

tilth.

au

an

111.!

Phlla 4., gstl17000 oaj.

lms,United

12

6.1 '43.1

81l

I

Clo,.

80','

tonevailed most with

Thisoi, level

!??!

?Ji. ommon ealth FishHonrl mariai

184H

111(4"

Alk.

known

firm,

Boothrdlton

isamond14t'j

Hart 1011,llllnola Brick.Intrr

lotj,'Quaker (lataSears

ftco.. imiiBoard..

Steel

II0O0O Armouruison at ioi, nnt

IttaalOoTi lotll lotsn)4Horn chl l'.l Hvfa out 1--

Cltr ftl'oanlgion igain uas at. .

l"e opt es (Jas rrf

about

feature,

mi.921i

in'

So

STANDARD OIL SUBSIDIARIES.

Atlantic IttnnjngUornS'ScrymserBuckeye Ftps Use.Cbejbrough UttColonial Oil.Coauatstal Oilcrescent PipCumbertaaa tin Una

ureka Pips Lineuaieaamgaai uu.Oalfna Signal oil pf.Indltna LineNaUontl TransitNew vork TransitNorthern Pipe Une,Ohio oilPrairie on ft UasSolarSouthernSouth Penn OUSouthwest Pa LineStandard Oil of California.,,,Standard oil of laulanaStandard Oil KansasSta&dard Otl of Ktn lucky..,,Standard oil of Nebraska...,Standard Oil of Ntw Jersey.,Standard York...,Staadard Oil of Ohio

Uaa pf.

New York

Censpaar.

consolidation

Ilutteand Smelters,'

MataCon....

HAILHOAD

fractional

demand.

est.Mi

.oi,311

7i;2144

8914act"'a2'r.l4

looWi23,781,

88

U!

87!98

104

64

12000 Tlgea 4t...

nutSi $...!

CittoAdo,

is workinrid'I"e realizing

preferreddsnressed.

Roebuck...

Kenning.,

ft,

143'jKal101',

104

10414100'i

1B8U74 Hi

ao swiftRs tU

City

4000 .g m ,ab900 98I

a

of

oil at

K'

nwan risenTank

Vacuum OilWashington OtlWatera-rierc- e

blocAll dollsrs per stare.

PUBLIC UTILITIES SECURITIES.

American ft TractionAmerican Light Traction pf,,,American Oaa ft KIKtrte

(las ft Clectrlo pfAmerican Power as Light

iower ft Light pfCities ServiceClilea Service pfDmver Ota ft Eltctrlo gen $...,

Ulltnct Kleclrlo ItHmolre ulstrlct Electric pfFederal Light TractionFederal Light ta Traction pfFederal UilUires

Ctlntlet pflit ft Electric...Oat ft Uieclrlo pf ,,,Lincoln (1st ft KlectrtcPacific (iaa ft liltctrlsPaclflc ft'f.leculo

A

pf.

U

81

est.

ii'444

'314.ll'i712IJ4

.V)

89M'j79",it's2880

!!!ml,nn182.1'

77 ia

.!

Mil

91418 18.18181' 4 1844 I61U

8J4

i

i

Paul

ana81M10

1141,'104',as

looIX!,'981,83,70

101 s88(1

a

was a

...t

f(.12

SI109

614ins33

109148

14614

9?.

B. Dlss) .

4s

:::::::a:

ea ,,Quotations

American

American

jSraplrc

f7

9

4

a

.. 300

.. 1X2

.. 90.. 100

.. 100

.. au

.. 82

.. 3$4

.. 310

.. 10.. 107.... HI.. 90.. 97.. 2$.. 4X.. 102.. 41.. 140., Ill.. 16U

.. 184sou

183. 400.. 494. 11

. 440

...wii--

Inr.Ml

41..Wi711,24

23iam

2.1'

82,

lOtS

108'

9t,861-- ,

for

stockat,

alsoJ' two buying

andwere

Fish

uprn

Ott.

Mil

lost

24000

Use

Line

New

Line

redtrsl

Iw

ini4

1081,

741014

aiu108

109140

74"if!

!J4'Dm ish ioi,Chl RytChl Hva mil

u.i!

USB.Hde 4.4s

lineFine

Subsidiaries

s;

Bid. Atkri.

..$700

S?

Union

Light

.1100

- Bla.Atktd

.... a

h

... 804... l... 3... 79... S3... 74...100... SS... $4... 61

t.t I

32'i

."41

8989

m

loo18! i

(.0

710

98

4210

7

IIjU88' s

101)

98'

7097

10.1

9914

1014s

4. A

if

1U41091014

33106!4

OITi 92

city 101St

ft

; c

II

80

....19

....105

....

.... )4

98

1S4710123UU

0688

2(1240111112

9319

20MS204oi111IM

4900

i.130181

l168

100064

MO28

13UU44M

SOt

as4147

84UU

$!

8ilauNO

104919S3

nepuDiio ny i.ignt uo.... ao aiuRepublic Hy 2 Light Co pf 7i2Standard Gss Electric jJ itf!

Light..in-cii- Ry fc Light of full "western Power.Western rawer

dlvldtad

itr

3 $0$ It

STATEMENT.SATURDAY.

Paid by to banks,, .$7,l7i.oooPaid by bank to , 2,te.ooi)

Gain to bankt on day't transactions.. 1175 oouSINCE FRIDAY LAST.

( Paid by to banks. .$4,264Paid by bankt lo auo- - I reast-r- ,, a. 4J.ii Jo

I Gain to bankt. , ll$rniLou to bank si rue period previous week 2,0)(XW

i

Fixed IncomeThe certainty of a iff finite incomn one of the most

valuable features of the investment bond. The owner of awell secured bond docs not have to worry about the con-dition of tho market, as the Interest from his investmentcomes to him as a fixed amount with unfailing regularity.

In considering an investment. ,this element of absolutedefinitenesa should not be .overlooked.

If you are contemplating the Investment funds, wewill be pleased to suggest a list of woll scoured bonds whichproduce fixed Incomes of from 4 to G.

Guaranty Trust Companyof New York

28 Nassau StreetCapital and Surplus .... $23,000,000Depesits 156,000,000

Notice to the llond Holders of therRUSIDICN'T ANU IHltKCTOHS of the

LEXIIITON HYDRAULIC AND MANU-FACTURI-

COMPANY

The holders of the bonds of the President andDlrectora of the Lealngton Hydraulic and

known In the mortgage hereinafter referred to as "Lexington ltidratillo andManufacturing Company." are hereby notlOrd thatIn accordance with the terms of the mortgage ordeed of trust executed by the Lexington Hydrau-lic and 41 anufacturlne Comnanv to the American

LXoan and Trim company, of llnston, Uassachu.setts, qr nate renruarjr i, i nun. ine under-signed President and Dlrectora nf the LexingtonHydraulic and Manufacturing Company, or theLexington Hydraulic and Manufacturing Com- -

aa the corporation Is known In said motivate,assterelted Hi right In redeem and will, nn

the Aril dor of .lane. 1913, redeem A 1.1, theponds Issued under and secured by the mortgageor deed of trust executed by the Islington Hy-draulic and Manufacturing Company to the Ameri-can Loan and Truat Company, of Boston. s.

of date February 1, 1808: and said bondswill be redeemed it the office of the American Loanand Truat Company (now American Trust Com-pany), at ttoston, Massachusetts, by paying theprincipal and seemed Interest thereon In accord- -

face with the terma of said mortgage: afterdata herein specified for redemption said

bonds than bear no Interest.PRESIDENT AND DinKCTOrtS OF Tlin

LEXINGTON HVDIIAULIC AND O

COMPANY.By JOHN O. STOLI.. President

Attest: nrDOI.PII It. HART1NO. Secretary.

Notice to the Bond Holders of thPRESIDENT AND DHUXTORS ot the

LEXIIITON HYDRAULIC AND MANU-FACTURI-

COMPANY

The mVder". nf the bonds of the President andDirectors nt the Lexington Hydraulic and Manu-facturing Company, known In the mortgage here-inafter referred to as "Lmlngton Hydraulic andManufacturing Company." are hereby notifiedthat In accordance with the terms ot the mort-gage or deed of trust executed by theHydraulic and Manufacturing Company to theAmerican and Trust Company, nf Boston.Massachusetts, of date February I, 1901, theunderttrned President and Directors of the

Hydraulic and Manufacturing Company, orthe Lexington Hydraulic and UanufacturlngCom-pan- y,

aa the corporation la known In said mort-gage, haa exercised Its right to redeem andwill, on the flrst day of .loot, lBia, redeemAIX the bonds Issued under and secured by themortgage or deed of trust executed by the Islingt-on Hydraulic Manufacturing Company to theAmerican and Trust Company, of tloston,Matsaehutetta. of date February t. 1001: andsaid bondt wtU be redeemed at the office ot theAmerican and Trust Company mow Ameri-can Truat Company), at Boston, Massachusetts,by paying the principal and accrued Interestthereon In accordance wltn.the terms of saidmortgage: and after the dfte herein ipecinedfor redemption said bonds shall bear no Interest.

PRESIDENT AND DIRECTORS OF THELEXINGTON HYDRAULIC AND MANU-FACTURING COMPANY.

By JOHN O. STOLI. President.Attest: RUDOLPH R. HARTINU. Secretary.

Natlre ts the Bond tlolders of thePRESIDENT AND DIRECTOR!! of the

LEXIRITON HYDRAULIC AND MANU-FACTURI-

COMPANY

The holders of the bonds nf the President andDlrectora ot the Lexington Hydraulic and Manu-facturing Company, known In the mortgage here-inafter referred n at "Lexington Hydraullo andManufacturing Company," are hereby notifiedthat m accordance with the termtof the mortgageor deed of trust executed by the LexingtonHydraulic and Manufacturing Company to theAmerican !.oan and Trust Company, of Boston,Massachusetts, of date .lone 1st, 1904, theundersigned President and Dlrectora of theLexington Hydraulic and Manufacturing Com-pany, or the Lexington Hydraulic and Manufac-turing Company, as the corporation la known Insaid mortgage, haa exercised Us right to

flrst day of June, J913.redeem ALL, ine bondt Ittued under and securedby ths montage or deed of trust executed bv theLexington Hydraulic and Manufacturing Com-pany to the American Iian and Trust Company,of Boston. Massachusetts, of date June 1st. 1901:and said bondt will be redeemed arthe offre ntthe American I.oan Trust Company (nowAmerican Trust Company), at llnston, Massa- -rihutetts. by paying the principal and accrued

thereon In accordance with the terma nfaatd mortgage: and after the date herein specifiedfor redemption said bonds ahall bear no tntrrrM.

PRESIDENT AND DIRECTORS OF THELEXINGTON HYDRAULIC AND MANU-FACTURING COMPANY.

By JOHN G. STOLL. President,Attest: RUDOLPH It. HAHTING, Secretary.

TO THE HOLDERS OFSIX PEn CENT. GOLD MORTGAGE BONDS

Due December 1, 148of

INTERNATIONAL SILVER COMPANY,

Notice It hereby given, pursuant to the pro-visions ot Article Sih of the Mortgage of Inter-national sliver Company, dated November 22.188. that the undersigned at Trustee under saidMortgage has drawn by lot for redemption onJune 1st, 112. out of moneys In the Sinking Fund,the foiloalng numbered bonds Itsuvd there- -unucr, via,;

87IJ

1111111802043M$7138

is

of

and

and

and

408473484U3tm80804865

1031

111$I mi11311214128812713S4IS511380

1188174817811811muI C$7188420272213

2281 328022SB 3183X5 34872128 3785218$ 38382890 38382872 v03218 88i33218

The bondt herein rislrnatH ttu nnmli., winbe paid at no per cent, of their face value andaccrued Interest to June 1st. 1812, upon sur-render thereof wllh the coupons maturing thatdate, at the office nf THE NEW YORK TRUSTCOMPANY. No. 2 Broad Street. New York, onor after 'June 1st. 112. on which date Intereston said bonds will cease.

THE NEW YORK TRUST COMPANY.Successor to Continental. Trust Compaay of

the City of New York. Trustee.By H. W. MORSE. Secretary.

February 28th. ii$.NOTICE OF INTENTION TO ORGANIZE THE

TRANSATLANTIC TRUST COMPANY.Pursuant to section 181 nf the Banking Law itth Slate of New York, notice Is hereby given that

we, the undersigned, the proposed corporatorsof the "TRANSATLANTIC TRUST COMPANY."do Intend and propose to organize and establisha TRUST COMPANY pursusnt to the BankingLaw of the State of New York by and under thename and style of the "TRANSATLANTIC TRUSTCOMPANY, the location of which la to be theBorough of Manhattan, ta the City of New York.

Dated. New York. January 28th. 1812.H. Itleman Duval Henry H. WehrhaneJames U. Cannon Clark WilliamsJohn W. Flatten Arpad 0. CersterCalvert Brewer Guitave Leva'Richard Schttsier Morris CuknrStuyvesanl Fish mold SomlyoWalter Luttgen Walter G. Oakman

LA LANCE KROSJEAN MtNUFACTUR.INU COMPANY.

Pursusnt to Arllole 8 of the Morlgage'made byth abova named Company lo the Biooklyn TrustCompany, aa Truatee, the undersigned offers topurchase for the Sinking Fund tho bonds oftha aald Ciimlunv. iltii. Uiv I. t(m al n nrla nn t

J exceeding 10$ and accrued lnlcrrst to May 1, 1812,i in finiufti inR turn nr lujizi mi.

Often will be received at lit omce, 177 Montague'Street, In Ihtt Borough of Brooklyn, city of NeyYork, until the clow of business nn April I, lilt.

BROOKLYN TRUST COMPANY, as Trustee.Brooklyn. N. Y.

1'ROl'OHAI.H.rWA AVV xi

GOVERNOR'S ISLAND. N. Y. II.. Maich 1, 1813.Sealed proposal., In triplicate, itlll be rerclrd

here until 10 A. M.. April 1. 1812, for priming re--?ulretl at Headquarters Eastern IMtMou and

Denartmentof thn East thirl tie vearending June 30. 1UIJ. Successful bidder w 111 borequired to furnish plant. Work to be done onGoyernur'a Island In bulkllng furnished by theU, a., rent free. Information on application.Envelopes containing proposals should be marked"Proposals or priming." V, U, HODGSONa. g. ii. u.

.11

KI.KrTlONrl AND MEETINGS.RKTIII.KIIKM NTKEI. CORPORATION.

NOTICE OF SEVENTH ANNUAL Ml'.l.TlNO OFSTOCKHOLDERS. .

The Seventh Annuel Meeting of the Stock-holders of Bethlehem Steel Corporation will beheld at Us principal office. No. 783 Broad Street,.Newark, New Jersey, on Tuesday, April a. 19H,at 12 o'clock noon, for the following purposes:(I) to elect four directors to serve for a term ofthree years: I2i to consider and vole upon thsapproval and ratification of all action of the Boardof Directors, Executive Committee aad ofBcsrsof the Corporation since the Sixth Annual Heel-ing of Its stockholders, held on April 4, 111; aad13) to transact such other business ss msy properlycome before said meeting.

The books for the tranafer of shares of th cap-ital stock of the corporation, both preferred andcommon, will be closed at 3 o'clock P. M. onMonday, March 11, 1112, and 'will be aia o'clock A. M. on Wednesday, April 3, 112,

Dated Newark, N. J March 1. 1113.B. H. JONES. Secretary.

BANKERS TRUST COMPANT7 Wall Htreet

New York.A Special Meeting of the Stockholders ot

Bankers Truat Company will be held at lbs offlcaof the Company, Nn. 7 Wall Street, In th Boroughof Manhattan, City of New York, nn ths llth daynf March, 1112, at It o'clock soon, for the parpotof voting upon an agreement entered Into by thDirectors of the Company with the Directorof the Manhattan Trust Company, pursuantto Section 38 nt the Banking of New York,for the merger of tho Manhattan Truit CompanyInlo the Bankera Trust Company.

The transfer books of aatd Banker TrullCompany will be closed at the close of businessMtrch 18, ill?, and reopened at the opening otbusiness March 30. llll.

Dated, New York. February 2. IMS.By order of the Board of Director.

BENJAMIN STRONU. Jr.,F. N. H. CLOSE. Secretary.- -

LIGGETT it MTEItH TOBACCO COMPANY.NOTICE OF ANNUAL MEETING.

The Annual Meeting of the Stockholders of --

Liggett Myers Tobacco Company, for th elec-tion of Directors for the ensuing year, and to con-sider and take action on a proposed by-la- pro-viding for participation by certain officers or thsCompany In profits. If any. earned by the Com-pany In excess nf profits earned during Ih year1110 on the brands and businesses now owned bythe Company, not exceeding In the aggregate tea1101) per cent, of such etcest, and for the trans-action ot such other business as may propertycome before the meeting, will be held at the princlpal office of the Company. No. 1$ Kxchangtj,Place. Jersey City. N. J., at eleven o'clock A. U.ion Monday, March llth. im:.

11. II. THURSTON. Secretary.St. Louis. Mo., February 18 th. 1813.

MANHATTAN TRUST COMPANY.113 BROADWAY, NEW YORK.

A Special Meeting of the Stockholders of Man-hattan Trust Company 1U be held at the office otthe Company, No. 113 Broadway, la the Boroughof Manhattan. City of New York, nn the llth dayof March, 1113, at 12 o'clock noon, for the purposeof voting upon an agreement entered Into by theDlrectora of the Company with the Directors ofthe Bankera Trust Company, pursuant to Sectlea38 of the Banking Law of New ork, for the mergerot the ManhatlanTrust Company Into the BankersTrust Company.-Dated- ,

New York. February 2. WS.By order of the Roard of Directors.

JOHN I. WATERBURY, President.CHAnLES 11. SMITH. Secretary.

THE AMERICAN AGRICULTURALCHEMICAL COMPANY,

Notice It hereby given that a special meetingnt this Company will bo held at tho omce of thCompany. Garfield Block. In the City df NewIxindon. Connecticut, on the 28th day ot March,,1112, at 2 o'clock P. ll., for the purpose of takinganion on the proposed Increase of the capital'slock.

The Transfer Books of both the Preferred andCommon Stock will close at 3 o'clock I'. U. nnMonday, March 2Mb. and remain closed until10 o'clock A, M. on Saturday, April 13th, 1112.

New York, March 4th. 1112.HORACE BOWKER.

Secretary.

STOCKHOLDERS' M KITING.Notice Is hereby given thai the Annual Stock- -,

holders' Meeting of the Dairymen's Mfg. Co. wllbe held at No. 8 Harrison Street. New York Cltr.lat 1:30 P. M.. nn Thursday. March 7th, 1113. tor1the election ot Directors and action on such otherbusiness as may be properly presented.

J- - B. CONOVEIt. Secretary.Dated New York. N. Y.. Feb. 23. 1112.

UNCllMSEntl.

, H. M. Byllesby Co.CNCINEIR8'

Examinations' and Reports36 south la salle strut

CHICAGO I

urtiiiK on (iittou otr. mi tkm ft1

DIVIDENDS AND 1NTKRHST.

Office ofH. M. IYLLESIY i COMPANY

i J Engineers. Manager.Chicago, Illinois,

The Hoard ot Directors of the $1 uskogre Gas sndElectric Company. Muskogee, Oklahoma, has

a quarterly dHldcnd of one andper crnl. (I4n upon the preferred ttock of

i Ihr company, payable by check March t.Mh. 112.id stockholders nt record as ot the close of businessFebruary 2l)ih. 1012.

ROBERT J. GRAF, Assistant Secretary.'

t omce of, STANDARD BAS AND ELECTRIC

COMPANYi Chicago, Illinois.

The Board of Directors of the Standard Gas and, Electric company has declared a quarterly divi-

dend of TWO PER CENT. UVi upon ths preferred,I stock nf the company, payable by check March

lath. 1812. to stockholders of record as of the closot business February 28th. 1812.

W. r, STEVENS. JR.. Secretary.

AMERICAN" MANUFACTURING, CO.No. OS Wall Street.New York City, March lat. 1112.

THE80TH CONSECUTIVE QUARTERLY DIVI-DEND of ONE AND F PER CENT.i,) and an ADDITIONAL DIVIDEND ofTWO PER CENT. (2) have been rieolared do thsstork of tills company, payable Marsh JOth. 1813,to stockholders of record March 15th, 1812.

HENRY It. MURRAY, Secretary.producerh'oil company,

Houston, Texas,At a meeting of the Board nf Directors of iha

Producers Oil Company hold February 21th. 1112.a dividend of I'i"". on the capital slock of thCompany was declared, payable March floth tostockholders of record March lOlh, 1811, Booksremain open.

W. K. LOCKHAIIT, Treasurer.New Yorlr, March 4th, 1812,

KNICKERBOCKER II H CO.28TU IHVIDIND.

Chicago. February 21. 1812.The Board ot Directors have declared a regular

semi-annu- dividend of Three I3l per rent, outhe Preferred Stock of this Company, payableApril 1st, 1013, to stockholders cf record ot MarchII. 1912.

encest nut ne tnar.rr. i. stocunowera ny taCcnlrol Hum Company of New York.

WILLIAM A. WALTER. Secretary.I THE DELAWARE HUDSON COMPANY

New York, February 3. 113.A quarterly dividend of TWO ANDOKE-QUAR-TE-

(214) PER CENT, on the capital stock ofthli Company will be paid at the office of toCompany, 33 Nassau Street, In this city, on ana

. after Wednesday, March 20. 1812. lo Stockholderot record at close of business

I 4y urucr ni ino liusm oi Manatxrn.CHARLES A. WALKER. Treasurer.

THE TEXAS COMPANY.Houtten. Tests.

At a meeting of the Hoard of Directors of ThTexas Company, held February 24, 1913, a divi-dend nf one ami per cent, on the out-standing capital slock of the Company was de-clared, payahii It arch 30th, 1812. I J stockholdersof record Mut'cli isih. 1812. Books remain open.

II. E. BROOKS, Treasurer.New York, March III). 1812.

I The Wall Street edition ut Tub Evemuo SUM

contains all the financial news ami Ihe stock and. bond quotations to Ihe close nt tho market. Tha

closing quotations, Including the "bid and atkedtnrhet. with additional news matter, are roalalned also In the night and final editions of Tiafl

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