New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-19

.a,,c;an who has been figuring out the
h l,ros on can from the prospective fruit
,.eyetable crop Maybe the pure TODD
snu IT, will insist on glass jars being used
can yciu suffer. Let is have cheer.
Columbian Knokerbocker.
,or is still conjuring with the possible
,.,,nbiap and Knickerbocker trust COM
- merger The so-called news has
w. rpblshed as both fact and fiction, and
~. scope Of colOring has drawn upon
irnacination i'm repOrtorial style OF
w,, Young men who can see through the
, 5oors of vaults. At both the Knicker-
- and columbian trust companies no
c-,,o Information, II is claimed. has teen
ont. i'm fact. could be given out as
after what plans might he in embryo
W cap le no decision until the stock
.,s.-s have their say. Speculation as
,hc probable name of the company after
- ricrrer and details Of its capitalization
Ia general modus operandi, also a. TO its
la family, has been extensive, but, OF
,arse tncrC may Ice eventually an APP
.,vir,ate TACT evolved from the present
dement's The one point OF fact in all
49, matter that has been written about the
,,orrer of these institutions is that it will
:. strouc financial force when finally or
gained.
Texas Oil Booming.
The Texas Company is having an activity
mich has not been known since the death
=, Iobn W. Gates, who was responsible for
g. organlzation, hut, like father like son,
charles G.. Gates is now said 60 be behind
movement for higher prices, and there
:, talk Of increased dividends and various
,,bcr rurnors destined to interest buyers.
The Ice Men.
American Ice took an upward movement
- the market yesterday, selling upward
.si. an advance of "a full point on Friday 5
casing and new record for the present
ye.r II is little bit farfotcheo that the
,rrearance Of sunshine may have caused
,hs nool TO discount the hot weather ana
80, 70 make a. little profit in the market
,ov, instead of waiting for it to come IN
1u,v OF course II is said that the directors
,xnert 10 put tie stock on a dividend basis
IN the fall. but It may be only great OK
pectatioEs.
Plans Didn't Work.
The selling of Missouri Pacific may have
been hv the spectators who some Time
since orcauized a syndicate to purchase
George Goulds stock interest The plan
VAS formed and price around 90, II Is ne
Teyed. was agreed upon The promoters
~ the pian expected to get some good bach-
Ipr hut they failed, and the syndicate was
rsyer able 30 put the deal through. OF
course, in expectation Of some sood pick
b.vs. stock was accumulated which has
lately been liquidated.
Baltimore Strike Better.
The American Smelling and Refining
Company's refinery at Baltimore is said TO
have the strike question well III hand. Inc
refinery is resuminS operations. Unless the
outside men return 10 work in the near
future others will be employed TO take their
places The .hustIers' handle the copper
from the refinery TO shipboard. Last month
about 100000 pounds of copper for foreign
shipment was DELAYED on account OF the
strike. and there IS likely TO be more delay
this month If the outside men refuse 10
come 10 terms.
Prices Advanced.
Ad,Ices from Pittsburgh say that the
American Sheet and Tin Plate Company
has ADVANCED lS lliN'S '4A go
mill products s. a ton. making the basis
$50 box for 100 pounds of coke unplates'
while terne plates are s. 80 a double DoN'
Chicago Steel Report.
4 report from Chicago says thal s'ec!
officials state that current new business Is
considerably below the recent high level
and they do not expect much further actV-
ity for a good many weeks They predict
that the years production on this district
will establish a new record, however.
c. M. Schwab's Predictions.
Some people arc recalling the optimism
Of Charles VI. Schwab in 1901 when DuSI-
ness conditions were at low ebo ana ChIleu
States Steel was lowering between nay
aud ..rass" in the market Mr. SchWab
then remarked that unless there came s'F'-
ous business setbacks. or unless leglslduoh
that WAS very radical was adopted 10y the
states and by Congress he was convinced
that bv 1872 the United States Steel Cor
poratlon would De earning net s@p'W'""
and niebt earn as much as S25O."H""
year by that time. The present Indications
arc certainly pointing that way If some
one doesn't interfere and II something
ss..n.t occur 10 stop the development.
s12.ooo.ooo Note Sale.
Tie Boston & Maine. from sale OF 81
Oa0o notes will pay off $4,000 Of one
Year notes, maturing June l. next ana
the balance will be used for new construc-
ton ana other purposes
To Retire Notes.
The Calumet and Hecla Mining COMPANY
directors have voted to retire SL@0'~" vi
ten.year notes on September / next. These
rotcs have run a little over three years
and are caliable at par on sixty days no
tire prior 10 interest date.
The retirement of these notes is in add!-
ton to the $4,000 per cent three-year
notes. which became due and were paid on
March last There will then be out
siancins &c, $4,000 % tcn-year notes dated
February IS. 1909. callable at To-, of when
-NsS,Da hear : per cent interest and ST.
1890 per cent interest
IS rotfrine 81 90 co. of The ten year notes
on September / next tlc company VIII save
$AQN a year in interest.
Dull Bond Market.
The bond business for the last week mas
been very dull, excepting In some munlci-
psl issues. The report of all leading houses
lie that there has been slowing up in the
demand for bonds There is, however
very good demand for Short term notes ana
an Improvement in the general bond mar
kct is expected by most dealers on or be-
fore July /.
Good Steel Contract.
The bulls on Bethlehem steel have at
iocbed a good deal Of Importance TO the
completion of contract under which that
company will supply 10000 tons of steel 70
the American Locomotive Company, de-