The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-03-12
FINANCIAL NOTES
Wall street SUMMARY:

Vail street summary:
claim strength sufncient to elect one and
possibly two directors.
George Gould's compact with banking in
Domestic exports show increase Of $685.
OoO 900 over last February.
Weeks currency movement shows near
ly 8 100000 loss TO New York City banks:
February show 1857 sso.so 5'i increase a in sros,
ca rninRs.
p: Jss ope.at,ns, incomes: Sqsthsrn
decrease S2l3.s00.
Copper sale. for week fairly large and
outlook considered more favorable than
S. ruDl Tort 'ecs eo@"assSS
Cotton exports to March 8 is 81 per cent
Idle car ngures {or fortnight ending
Speaking at Atlanta President Taft said
ne expected congress to pass reciprocity
Moderate improvement in Industrial and
trade conditions reported.
The Cnited States steel corporation in
isr s;soo.5as tons on It's books as Of FEB
.. This compares with 3.l1O.8l8 tons on
Jan: 81 an Il increase Of ESQ s24 TONS The
Sspt. 80; 3,l5s. 100 tons. aud on Dec. 81,
1909, 5,S27,O31 tons.
Chairman Gary explained that the fail.
nre OF the Steel corporation to show an
increase In actual tonns &c in February az
large as that OF January was due to in.
creased operations which absorbed a large
amount Of tonnage than was the case IN
January.
New order. in February were at tn.
January order. averaged about $500 toni
s'h order. TeFG /. Rs
a In AAt
decision by the United States supreme
&C urt whether favorable or unfavorable to
r. ~ saPltai reorx ani..,lon 81 the Standard
It for tnto decision either
other without delay. Should the decision
be in favor Of the company. an increase
600 So5 to 500: 900 900 or $50. 600 viii
1T tSe Fate net 70, md !.
ing $4O'oOOoOO year to stockholders.
J. Pierpont Morgan arrived in Cairo
Lhursday from his trip up the Nile. saying
lie felt perfectly At"
Builish arguments can sometimes be
| FOUND when they are least expected. Few
people would suppose. for Instance, that
on stocks Of the northwestern railroads Of
the United States; yet read what Sir Will
liam Van Horne. writing about reciprocity.
When 81: Hill has extended hi. seven
eSnf q into the Cana
boundary line waiting for reciprocity or
Of the kind to them
neis Of trade have been established a.
fecting our territory. and when the Ameri:
the American manufaeturers have got hold
| OF our markets. Is 1t probable that we shall
be permitted to recede? Not a bit Of It.
die IN
William Rockefeller is SO much improved
New York for the sout,A next week. to re-
| main a short time.
ferred STOCK in the fllinofs traction COM
held sf p the SUI Fae f 9:r
1naneed most Of tue construction work
Of the traction concern.
Calumet and Hecla merger have now held
| special meetings for information on the
Of the diG rg fse In 9niy
asserting votes fall below 20 per cent Of
| the total capital, while under the Michigan
Of but 60 per cent.
There has been as vet no serious inter-
ruption at the plants in Mexico OF the
American smelling and refining company
or the American smelters securities com.
pany.
The Texas company has placed an order
with the American sheet and tin plate
company for so, 900 boxes Of tin plate. This
Is The nrst large order placed in this coun-
try BY this interest. 1t has usually gone
| to Welsh makers.
| new high record price for Canadian
| Pacific, the stock selling at 2159t Saturday
Notwithstanding the extremely small vol
ume Of business and the intense dizziness
The total sales on the New York stock
Exchange for the two hours session
amounted to $4,000 shares a near record
That amount would be considered q good
days business for large Wall street