The sun., 1890-01-12

tentioa. M. corbin aaydi We must BE- hon.
sst with ntcuFity holders and make truthful
ntatsmentE To thla evefT security holder can
psftinehtly rtply: why was the truth con-
ceaisd until noWfs Ever since last spring Mr..
Corbln has told lehs than hiil the truth about
the operations Of the Rssding companies, and
to that extent he and hiA associates are 70.
spohsibls for the Rross deception that has
been practised upon the security holders. II
he is In favor OF an honest accounting" why
has he not made II from month to month as
other corporations do. and as the Reading used
to do prior to last Marchp
OF course there are some security holders
who have even stronger reasons for calling
Mr. Corbin to account, since they claim, and
there is no reason to donbt their assertions,
that up TO q few days ago Mr.. Corbin assured
them personally that the full interest would be
paid upon the flrst preference bonds Upon
continuous ofioial assurances Of this oharao-
ter. bankers and investors. both IN this city and
In London. have, according to all accounts, In
creased their holdings OF Reading securities,
and thsy therefore have an additional incentive
coSpSns and 3' demand 9anGsSRsns r. TSPs%sns e.
Pess Tspors aG q SSss ssSns sG S SSB
proPerty and the public, Is q fatal one. It can
pot be ehAInotertzed ~ en error OF indRment
1ofS fow 81 SsUps %oSd
ipg, ooppSty. which u one Q! q. long serlss
syoSss q. epSilc T. tsss ssnss q the fSS1: IN;
wisdom Of the union between 2 oomn,on
Hnf eS sss soqISS Ssn q yoas s verfsa taaai
as sssuss5 Soa.Ts s &: sSdns q SS 70
sship, 9pd, e may % romen beTsd: compelled the
sas q op fopS e dseS'i isat i
acquired IN that State. The alliance is clearly
coa L geF%sS 81 IL the
EeRafdinE the sugar Truss there Is this to be
ite iegai. complications have only Just begun. i
misht hay9, ESCAPED some OF them had 1t
sS 10 e the
legal adviberS eeert1 to prefer 70 flRht. regard
Lees Of 9onseauepceF. toF the vtndicatiop of the
sort hs persYsfsnes has ' spsadS SGSl resulted s1
tn IN an injunction tying up the pt9psrsy Of the
sndsp Ss
the eoqrte, Like Reading the Trust is marked
Ss sa,iCa To cpsSt seeming g, app
this matter. Il q proper to state that, its sole
RHrpoSe 2 g procuiS and present the faota
ri TRE SuS, and ceFtainly no one. except posi-.
Ply spSoe G ShS would empress 96p them. can oe In
laf. ThS bank afatoinsn$ Was he only news.
1hshoWB that lAst week's Inconsistency. which
Was due 70 the treatment Of over 1900. 900 Of
uneollected coupons as deposits- has been cor
recfed. The increase in doposits this week
Without any corresponding increase In the
lpAns places the b1nko In stronger position
than they have boon for some time. The gain
In lawful money L. reelected In q very hand
some increase In tho surplus reserve. A fea-
tur0 OF tQ-day'e trading was o sharp advance
In New York and New England. which was
suspected to be Incidental TO an effort to mar
ket more Of. the preferred stock held by the
COMPANY. Another ipcident was the introduo-
tion OF dealings In Wheeling and Lake Erie
coinn1on. which was placed upon the regular
Xs compared with the final prices Of last Sat.
urd1y the specialttee are generally higher and
net advances were in Chicago G4s. 3x y cent ;
Toledo, Ann AIl,o! ana North Michigan. 9H ;
8: Colorado Coal IL; Wisconsin Cent d. TX
LackAwanns. /: New England and Wheeling
and Lake Erie preferred. each; Lake Erie
and Western preferred and Oregon Transcon-
eiinss EeTo iS ' Rcsdins % AZ SenT Kansas es
and Texas. ~ penyer, T9xes end Fort Worth
gon. Topeka and R1nts Fe. X !: Missouri Paeific.
Nj Norfolk and Western preferred. y; Rock
leland. Northwest ,snd Louisville and Nash
Final aslss Compare with those OF yesterday