davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1908-02-01
TO MAINTAIN PRICES
Steel Nen Come to This Conclusion
at Conference.

EX-Judge E. H. Gary chairman of the United
states Steel Corporation, gave out yesterday
statement Of what accomplished in the way
"a meeting conditions in the trade the
elee oi leading iron and steel manufacturers held
al the offices Of the Steel Corporation last Thurs
oAN and at the dinner at the Waldorf-Astoria
"hlch followed. Among other things, the state
Tnent says:
-i aucn Information was received and many ques-
1lofS relating to local conditions and particular
commodities We're discussed. AT the close OF the
I'd Ttt1loeratlons which occupied the part OF
oIpf e Gay, every manufacturer present gave the
opiron that no necessity or reason exists for the
While no agreements for the maintenance of
prices were made or suggested, it the
result IN benefit TO the manufacturers to their
TONER'S TO the employees and To business interests
generally: that stability of prices. if and when
sonable, is desirable: that violent fluctuations,
suting in abrormaly high prices when the de
nand exceeds the supply, and unreas sonably low
prices when the reverse is true, be deplored.
to assist one another by the friendly interchange OF
destrctive cornnetion Wbicb Irn,9id i1ItiInafeIy,
result in the application of the law of the survival
state of public sentiment WIN '''e
The meeting afforded striking illustration of the
fact that there be active, sharp competition in
business without necessitating an untrlendly and
furious TO the manufacturers. the purchasing public
and TO the hundreds of thousands Of employees who
are dependent upon the success OF tnelr employers
for work at fair wages.
ton conservativeiy optimistic Already there is a
marked though slight improvement 1t is not eX-
immediate future and manufacturers are prepared
TO c1eet the circumstances. That tho wealth and
wonderful resources and reCuperatIve powers of
the country viii before long bring restoration of
business that will employ all the furnaces and mills
10 their full capacity is the eXpectatiO of the
leaders and steel industry. A feature of
importance considered at the meeting of Thursday
was the reference to a resolution received from q
joint meeting of the Steel Founders Society and
the American Malleable Castings Association, held
on January l. inst The resolution is follows:
Whereas. The iron and steel industry OF this
country is an important factor in establishing our
business conditions. and the unsettled price of raw
materials a disturbing element venting the
return OF confidence and the employment of hun
dredS Of thousands of operators: be it
Resolved. That deem il as being for the
greatest good of all industries using pig iron
a a basic material that soon possible a rea-
sonable minimum price be established and main
tained in order that tie product Of our many ea-
Establishments may also reach fair minimum
price
Similar expressions have been received by many
other prominent purchasers of iron and steel.
New-York tribune., 1908-02-01
CHICAGO GRAIN AND PROVISIONS.

Chicago Jan. 3l.-Record breaking shipments Of
wheat from Argentina caused general selling of
wheat in the local market to-day, which resulted
in break of more than &c a bushel. At the
close the May delivery 224c to 27sc below the
close of yesterday. Corn off 1S4c Oats were
down 11ac and provisions T12c to 45c
When it was announced the opening of the
market that the shipments from Argentina Were
5,O4S 900 bushels. the largest exported in any
week from that country. the market broke badly
Large holders sold out, in some cases apparently
regardless of prices. Pit traders joined in the sell
ing movement, which resulted in almost de-
moralized condition. All other grain gossip was
ignored Prices at the opening were about lc
lower, compared with the final quotations of yes
terday. and the decline continued until May had
touched 9Jl4c. which was more than &c below tile
close OF yesterday. A small part Of The loss was
regained during the last few minutes of trading,
but the close weak. May opened &c to 5sc to
1c to 11sc lower 9712c to CSC, sold off to Sole
and closed 9534c. C1earanceS of wheat and flour
were equal to 800 bushels Exports for the week.
as shown by Bradstreets. were equal to 100000
bushels. Primary receipts were $4,000 bushels.
against $4,000 bushels the same day last year.
Minneapolis, Duluth and Chicago reported receipts
OF 224 against 297 last week and 215
a year ago.
The violent decline in wheat caused a weak mar
ket for corn The buying scattered, and most
ly by shorts. A decreased inquiry for cash corn
was also depressing influence. The market closed
weak May opened u c 13c lower 6Oc to
so 4 sold off 5S y c. and closed 5S 44 &C. Local
receipts were 80 cars, with of contract grade.
Oats were also bearishly affected by the break in
wheat, prices being off &c to 17sc. Primary re-
cepts larger than for the corresponding time
last year and this weakened the market. May
opened unchanged to 1sc lower at CSC to 52%c
sold off to 511sc, and closed at 51Ac. Local re-
cepts were 119 cars.
Provisions opened firm because of higher prices
for live hogs. but the market yielded along
with grain Pork suffered the heaviest loss. The
May delivery closed 45c lower at sI2 - u. Lard
off 174ac 81 co. Ribs were zee to 231.c
lower at Sc 50 to S6 81
Estimated receipts for tomorrow: Wheat IT
cars; corn. 504 cars; oats, 1T6 cars: hogs 1000
head.
New-York tribune., 1908-02-01
BUSINESS NOTES OVER THE WIRES

Chicago, Jan. &.-The sale by the master in
cis-oe-E q Inc different properties constituting the
olc Union Traction Company s system TO the Chi
SSaso kelEaEs Company last Saturday. was con
s-rlIe1 by Judge .zrOsScup to-day BY this con-
tr0atl0u and the lease executed yesterday The
Nf-cago Railways Company gets title TO all the
properly This formally closes the traction
1h@t has been going Cor ten years
'5all1ols. Ohio, Jan. 3l--I.ewts B. Shaw. a
etockho-ce- n the CaI5DoHs Furniture ComDany
enc -1coiser its paper 70 the amount Of $4,000.
s1ea for receiver to-day 70 protect him from suits
brought against the company The company has
iegec
-t1tsb--g, Jan. SL-An answer to me suit Of the
f-ce-'y md Deposit Company, Of Baltimore,
SgalEst :. !. T. Rinehart, former cashier Of the
Farmers and Drovers' National Bank al Waynes-
1arE Penn fled in the United States circuit
lo--- today. The plaintiff. which was DOndsran
% E--el-art. alleged that il compelled 20 pay
2. - CT account Of frauds by the defendant The
ei-sa'-uI OF fraud IS eDed by FlnehaTt, who says
ma the money paiC ~ the surety company
".llc-r lls consent.
Seattle Jan 3I.-Portus b II care. former presl-
c@t- - WeaEe Commission Coz lnI]any- and
prominent the Chicago stock Exchange, filed q
lett-1 q in-0lIIltarE fa EruptcE yesteIdaE. CIV
as Lis debts S1.uS5.5+I = and assets at S5.S.-
2 ~. ite states that She Ta59r portion % ms
--le.ferresE Was Incurred 81 signing notes ot
companies or which De was 81 officer
New-York tribune., 1908-02-01
TO MAKE AGREEMENT WITH N. Y BANK

Print Works. of North Adams. were authorized to-
day by Judge Lowell of the United States Circuit
Court TO make an agreement with the National
Bank of Commerce of New York as to deposits and
receivers certificates.
At present the proceeds of certain goods of the
company claimed by the National Bank Of Com
rnerce and the proceeds of all accounts Of which
assignments are purported TO have been made by
the company 10 the bank are deposited as speclal
deposit in the bank up to the amount of the direct
and contingent Indebtedness claimed by the bank
The receivers in their issuance Of receivers GER
t6caes 10 the amount of 100000 TO procure loans
Of money TO carry the business of the company
have applied TO the National Bank Of Commerce
for loans on the same and under the agreement
now approved by the court the receivers may Dor
row from the bank receivers certificates an
amount equivalent TO 90 per cent Of the money
specially deposited with the bank but not exceed
ing in all $eG0,O0o-
New-York tribune., 1908-02-01
PERSONAL LIABILITY OF DIRECTORS.
Plan Of Professor Earl Dean Howard to
Guarantee National Bank Deposits

Chicago, jan 31.-Personal liability of bank di-
rectors the extent of their personal fortunes for
all losses to depositors proposed last night by
Professor Earl Dean Howard of Northwestern
University He made the statement in addressing
a class in finance. under the auspices of the Ameri-
can Institute of Banking, and said in part:
The proposal guarantee the deposits in nationa.
banks is sure TO become dangerously popular
among the great majority of persons who are un-
able the ultimate consequences of
any action Many overlook the fatal defect, name
ly the inevitable stimulus which 1t would give to
speculative banking
In view of this insuperable obstacle to a guar
antee of deposits. why not accomplish the desired
by adopting the plan of deposit insurance by
the directors of each bank for itself? The pro-
poSa is S follows.
Let the national bank act provide that in the case
of any bank failure where any section OF the act
has been violated where any oJherwise lHegai or
ultra wires transactions have been made by the
bank, or where the bank at the time OF failure
has outstanding loans directors or TO any en-
terprise in which said directors are directors or
officers. which any loss is suffered by the bank;
the directors shall be personally liable for all
losses TO depOsitors
This plan combines two long desired ob)ects-the
security Of the depositors and the responsibility Oh
directors
New-York tribune., 1908-02-01
OTHER MARKETS-BY TELEGRAPH.

Cc.cago. 3I--CSTTLEs-Receipts estimated a.
about 5000 head steaty. - 90 s. -
S3a$4 heifers s. 5oe$J =, bulls. S1S4 81
calves. S2S7 stcS~rs ami feeders, s. 60GS4 10 HOGS
To- i-ga-. choice heavy shipping 81 JeG$4 % butch
4liS# light mixed - ., csoice Eg1r
packers S81St 80. piss s. J0s>4 10. hulS
sales. 81 SJfS4 10 SIiEEfI-eceipts estimated
lambs 81 @IlST l5- yesrl-1ss :" =
Cijv- Jan. 8lC'AFLisEsk Receipts. 100 h~1r.
including go S0uthers market steady Cho.cs
DRESSED g e5S5 81 good. 81 3
as Western steers Si4So-s sS'cSers aad feeders.
s. ~Oc s. 30 native cows t5, s.
dSi -. bulls. S3dS+ 10. calves. s. .aa$6- HOGS-Rs
cei-ts. market. lusi i@c hzs-r 81
bun. sales s. S54S+ }5i- heavy. 81 4ia - 5 pac
-rs 3GHS1 -. pigs and lights. g diSt 2Ae SHEEP
81 y ives yearings So: Western yearIin=s
s. western sheep. 81 g s. %. stocsers feed
s. % 81 81
PIttsburg 3I-C,NTTIE- -SC1pIy light SOS
cfuce pre. So 50sSJ 90 ca.ses. s. soe
sS STIEEP-Suppiy light. slow prime wethers. s. tN7
T. so. culls and common. s. So lambs. SgS7 ~ Lo3S
Receipts fair. active higher. prime heavies S4 SST
mediums 81 6SGs4 sTis heavy light Workers
s. 65: pigs 81 so roughs. So 501S3
East Buffalo Jan 3l--C.ATTI4E-Recepts. IS head:
slow prime steers. IS 6o6sS6- NEALS-RecetDts. zoo
head. active. 25o higher. S5G<9 - HOGS-Receipts
Il head active and t015c higher; heavy mixed
81 65aS4 10 Torksrs. 6OG$4 20: pigs 81 45GSs so
SHEEP AND IS 0oo head sheep active
steady. lambs slow; steady strong lambs. $50
g. few s. 60 yearngs. s6 2GS6 so wethers. IS 80
ass So ewes, s. 25fs5 90 sheer. mixed. S@GSS 80
and shippers. 81 60GS4 90 common sS 50fass y
CATTLE-Strong. &c higher fair 70 shippers, "a l56
s. y. 50 25nSS SHEEP-Sseady. s. 5o3SS
I.ANBS-Stsady, sSe<T 50
New-York tribune., 1908-02-01
LIVESTOCK MARKET.


SiuGg anu = - - G 5 ~, 10 % SPlt - f Ss +S sa4s1srs.s
5 cars 70 oe sold There was better feeling to-day
2s steady cows were steady 70 FIRM. and nearly sEsry
sold SASS per 70: stays S2as4 <
81 10 Dressed beef had rather ight inquiry al stess
5f PIE 5 NE 7 [oh ma -t2 70 PSI is q. e. "a ps
and London cable alylees 9o5ef I've cattle soT at ~
selling en- t1e L2EtoH market AZ Sc Pr n i've shesP
port today
Aesaes VII 2e iaden = lih 80 Sa.t.s and 1p a1.sr s
J. Sh@Ea5S5s % 9 son ~ = Izlis Sl 1 SarTy sS soS
Morris Beef Company and the 12hawk sailing either
berg 3 sI7 = Ls Gi1e5 "a a. -, AHtp @ ma n@s e,7S5 S
FebruaIv o. 80 c..le i0I1 sheep and II 900 quz-srs
Of $50 cattle.
sales-alePherson 4 60: Is Kentucky steers 1875
= = o 81 t,sio az 10 - I166 ~ a. = - - 10 11oi IE
a. s. 81: state d. 800 D. AZ 81 e. % Pennsyiv1na
b. a. 81 60 Do. 1925 ID. 81 10. do 1-25 70.
10 1913 IT, a. s. 80. Do Ii75 10 at s. Is: 70 COWS
li>O 10. at 81, y do Ilo2 NJ At s. So d. I03J l5,
5. %. y Do. IoI@ L. s. 90 1850 n, = s. ls;
sas H. at s. -, do so 10 At s. 90: 16 do goo n
- Western DO. 1870 10. AT s. 80.
Neras Commission Company. p Wes'erE- steers.
s. 40. u western sazs ana bulls I496 TO- sj s. >
1 western stag I1TO 10. 50 10
sander - PeaTs' g2.@ steers & lge is ~, l a.
s; -. = DO. ID. a. Sa SEQ I D. s. =
cows. II4+ H. - 10: . DO. go - s. 10: 10
40. 1J3 To- $ 10. II DO 50 10. s. 80; 10 heifsrs
s-.; lh. q So 81
Newton * 10 Pennsylvania steers. and
hsIfe-s. lo-O l5. 50 -.
CALVE~-Fleceipts were Ia0 head luciadinE for
brtshers. Tie q Western calves he'd
c8y. thsr= lts head sale Ne1is n very
limited steady few Westerns weighed
uut fixed and me balance were carried
baTIya.si. offered EOCtES- The
1JIll everything bur good veals
choice. Dressed calves Stow I3 &c -. "a
selected crcaSses selling al i4s country dressed
cLar--L a. "a II
S-z-S sanders veaIs 10 - average At s. Is psr
IO1 10 raruy I-t caLf- 30 II. Al s. -
: -.
DO loo p. AT So
SHEEP AND I4tMBs-Fsceipls - ears o.
al-9 head l1tu'.-cS log ears t0- S4CsArerers
- Tor th= market and. with stale srocx
there I-ts sale The few sheep offered
we've selling az steady prices lambs slow and
but few wanted nearly UusOid IN ths
forenoon Common sheep sold : =
per 100 ii. medium prime lambs
s. Dressed mutton continued CCu
lb dressed h0thoaso lambs Unchanged ar So 8SIe
saies-Kerus Commission Co. POS Buffalo lambs So
ct s. - r-- loo t5. -eJ 80 e. s.
Newton 4 Co III Pennsylvania sheep. 81 p.
" = Hume IS state lambs s. IL. az s. 80. 50 ID.
- 10. ats s. 20 state sheep. 12+ ID. a 81 70
George q l. s piIeGback- 10 state LAMBS. % ID.
a s. 30
HOGs-R=1elpts were .. cars or 4 s2O head. al for
SIlushter-rs except lG head Feeling fcu1 BUfale
aiyices sales reported Countrv dressed hogs
steady "a Ttec IO fo- heavy 70 light weights
New-York tribune., 1908-02-01
RECEIVER FOR SOUTH AMERICAN FIRM

Tie South American exporting firm Of Escobar.
Gogo-za & CO. was given over TO receiver by
Judge Holt in the United States District Court,
yesterday. The assets Of the firm, whose Offices
a. No. = State street. given al S3262, and
the liabilities are according the petition 500 935.
Tie assets consist ot accounts due Sl z85; fixtures
80 ard real estate IL Colombia, Central America
/ stated that 81 81 on indorsed notes is also
laid the liabilities OF she firm The receiver ap
pointed Is J. Parker Kirln, who had bond Of $780,.
ii" fled II the Federal Union Surety Company.
The condition Of the money market making it diff
CIT .7r 10 realize its securities and dis
count is ats q ladng, is given the reason for
L. 1-l-c-al difficulty
New-York tribune., 1908-02-01
Cash QUOTATIONS.
GENERAL MARKET REPORT.
New York. January 81 10

COFFEE-The coffee market very quiet to-day.
sales being reported Of only 1890 bags. Prices ruled
steady closing unchanged to points higher. The
market opened steady unchanged prices advance
Of points, which about in line with the showing
Of the French market Offerings light. and only
scattering demand trade interests and shorts
required sustain the advance during the
Brazilian showed special feature. OF primary
markets Rio barely steady and santos firm, but
prices were UNCHANGED in both centres Receipts at the
two ports were 9Oeo0 bags. against 1900 bags the
previous day. 10000 bags and II 900
years Jundahy receipts II 900 bags. against
a. 900 bags last year and : Geo 4
better demand reported for spot coffee and
reported that Rio No had been sold Sc IN store
Yesterday wound up business in January, 1905 and the
active month mature Will be March. which has
been demand interests during the last week
March today 610c. Javre closed ?.
franc higher and Hamburg unchanged pfenn-g
higher.
The market spot coffee steady, with quotations
the basis Of 6l4c FOR Rio No :.
The of prices the oca! market to-day
as follows:
New-York tribune., 1908-02-01
New York January 81. 1905
EUROPEAN PRODUCE MARKET.

LIVeTDo5I Jaa- Sl--CIosInE: NHEAI-spot eaFy:
No red Western. winter, IS 7iad; futures easy;
March. . 4'4d. May Is 4zsd C0RN-spot Easy:
prime mixed American, new. - ID. prime mixed
American old 90. futures quiet. January nominal
March. 2led. PEAS CanadlAn steady. IS Cd
PaciGc Coastl steady, E2It3 BEEF-Extra India
mess. quiet 9.s I'D PORk-Priue mess. Western
Iuu S2s 50 IiAMs-short cur II 70 I6 ID. firm, as
BACON-Cumberl4nd cut 26 70 30 lb weak, 3Ts Cd;
short % - H. weak. 43s. long clear mddIes
light 81 H. weak, 4"s long clear niddies heavy
&c. weak ass, short clear backs. Is to 20 H.
weak Sd. clear bellies il 10 lG 10. weak, ass Cd
l.DERS-Square, II to ~ H. quiet, 35s LARD
Prime Western. tierc"s easy. 33s; American
fined pals. easy. 4es ID CIEESE-Canadtan
finest white. new. 83s Sd Canadian finest coored
new. firm. Cts Cd TALLOW-Prime city. weak. 2ss
TuRPESTINE-Spirits. quiet. ass 3D.. ROSlN-Com-
mon steady. PETROLEUM-Rehned steady
7I.d. LINSEED OILr-Cuiet. 2js.
New-York tribune., 1908-02-01
CENTRAL ORDERED TO ANSWER.

albany. Jan 31.-FOllow-ing the complaint Of the
Hstertoun Chamber Of Commerce the Public Ser
Ti-e Commission IL the I'd District has served
cr-er on The New York Central & Hudson River
t&l-road Company requiring the company TO
sVer wtJhiT twenty days charges cf violations OF
he Public Service Commissions law Among other
things the complaint asks that rules and regula-
nors Dc prescribed that VIII prevent continuance
q alleged exactions and unjust determinations
pract-sed The citizens Of Watertown and vicin-
~. ttat trains for passenger service may be ade-
e1are anG reasonable, and that maximum freight
rates D. established
New-York tribune., 1908-02-01

Coffee cables-Ro-Cofee market barely steady; No
shipments for the United states 5000 bags for Europe
1000 bags stock +iteoo bags 5 s TTSsI M
900 bags Hamburg Coffee market opened unehansed;
al 6c5abge5 m sse Sa net @ ea Is arhst
opened barely steady = franc higher; at II n uH
ehansed ed. at = : @ m Unchanged at $50 anehAnsa
COTTON cotton market nervous and un-
II points sales estimated go 600 bass- The
market opened steady at decline of GO points aad
'Uee',-e ~ in, Us .Dco,~araa ~ fndyerent cables
ing. Covering and some fresh buying caused a rally
higher but there was sharp break midday fol-
lowing the publication OF the President Ilessjse
which carried prices loss OF II q - points
The DIP from the lowest on covering. The
smaller estimates for to-morrows receipts at eadlrs
points were an encouraging factor curing t1e
and covering toward the close was promoted
BY the big exports reaching about Il60o0 bags s4s
advices spot market conditions were generally
I" the general trade OUTLOOK owing 70 the recent DI
troubles. which seemed to have revived gloomy views
message regarding operations in futures was eidetE
taken unfaVorabe, but 4 more careful reddhg OF
pTonouncement against any legislation
which while trying to remedy minor evils. might
dents opinion, in the opinion OF those more IN
tnetely connected with the Xchanges Constitutes the
30s "a Iast esr: overland 10 mills ard Can
talings estimated. 10000. against G20"U last year
loss of stocks 10 against. 20 9GS
last wear brought into sight the week, SSj 49,.
394iI2 last Total crop movement: Port
receipts G264 o67 bales against 54oc oo3 last year
last year; Southern mill tak.nGs, ilo4""u against
o1 September L. 4U7OS7, against As 667 last year;
brought sight thus far FOR ses-on Si4+.5Q7
month OF January. 163s 1Ss. against lss5S23 last
The range Of contract prices in the local market
to-day was as follows
New-York tribune., 1908-02-01
CHICAGO RAILWAYS FINANCED HERE.

Announcement made yesterday that fnanclal
ARRANGEMENTS had been completed with N W Har-
ris & Co and the National City Bank covering the
Sl2 900 900 provided in the reorganization plan
complete rehabilitation of the properties for
merly owned by the companies composing the
North and West Chicago Street Railway systems,
now known as the Chicago Railways Company, as
well as any additional funds which may be neces-
sarv for the further Improvement, betterment, ex-
tension and equipment of the property
New-York tribune., 1908-02-01
LONDON WOOL MARKET.

London. 3i.-The offerings at the wool auction
sales today amounted 1852 bales Fine merinos met
yttl, but all descriptions ruled in
buVers favor Withdrawals frequent Scoureds
yere less active. Americans bought few lots OF
perior crossbreds and light greasy erinos Following
detail: New South Wales. $500 bales
scoured Isdls cad: greasy. 5dals ID Queensland
400 bales. greasy T-tdals Id. Victoria. 500 bales.
ecoI1red sL1dals I'D. greasy, siedG1s 2i-d South
Australia bales secured. sddls Ii: greasy 6dg
Is lsd Australia, 800 bales, greasy. 6dgls Id
%e Zealand 200 bales secured. sdHls elsd greasy
edgls % Cape OF Good Hope and Natal l50o bales;
ereasv 4dIllIzd Ayrss 4a bales. greasy. bAt
al I'D
New-York tribune., 1908-02-01
TO QUIT OFFICE HERE.
Disagreement Among Partners IN
Bartlett, Fraeier 6 Carrington.
IBy Telegraph. 10 The Tribune. !

Chicago. Jan. 54.-Inablity of the wealthy
FARMERS in the firm OF Bartlett. Frazier & Car
ring1on agree among themselves as TO the
methods by which the affairs of the house should
be handled is responsible for the firms an
nounced intention 10 discontinue its New York
stock and cotton business
The announcement follows disastrous cul-
mination OF the big bull deal in wheat which
was launched last May with James A Patten-
former Mayor OF Evanston and one of the most
daring traders in the country. as chief engineer.
and The other members Of the firm and their
followers foremost among the hackers of the
movement.
This deal in wheat originally involved approx
imately twenty million bushels, principally for
Nay delivery. and the increasing difference of
opinion as 10 how the trading should be con-
Quoted is said to have wrought dissension among
the members. with the final decision that they
would better agree to disagree as to further re-
Iations as firm members
While James A Patten is reported to have
emerged from the deal with little or no loss.
other members of the firm are said TO have lost
large sums, J. Og1en Armour and his bear fol-
lowers being accounted vjctors in the contest
which recently resolved itself into question Of
money, muscle and brains.
The Armour contingent it is said, has cleaned
up about S1,oo0oo0 in the last week so.
avaiIing itself of the dissension in the ranks Of
the bull leaders, besides taking advantage Of
general turn of sentiment among traders, large
and small
Gossip has it that James A Patten, George
II. Patten and H. J. Patten will soon withdraw
tr devote their attentions elsewhere and that
William Il. Bartlett will retire 10 his ranch in
New Mexico. Some OF the younger members
Of The firm, according to New York message,
nav connect themselves with Wall Street
houses.
rzs--lc-t Frazier & Darlington. Of No . Broad
.--as- a large cotton grain and stock brokerage
+o,,se announced yesterday that they had decided
. &c N their stocks and cotton business and TO
,losa -be New York Offices April ! The firm
VII continue in the grain business, with head
,-,s-re-s IN Chicago. ". 7. Darlington. of
.,A Numbers gave out the following explanation:
o,-- business has been 2 large one and requires
constant attention. and. there are no financial
ressors should confne ourselves SO close
iy ~ business. are cutting down our responsi-
hT=rjes so as 10 enable the partners 10 have more
leisure for their private affairs. There VIII not
Re dissolution Of our firm. We have large grain
s--e-eS-s IN chicago. and will continue in that
'ne. with headquarters there
TIE Offices occupied by Bartlett, Frazier & Car
rngt0n viii be taken Nav l by the banking
house of Charles d. Barney & Co.