davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
PROPOSALS.
WEIGHING AND SALES COMPANY
Proposals for sale of Bonds.

WIIGHING AND SAILS tout Az
Proposals for sale of Bonds,
Pursuant the terms Of the deed OF uus.
dated May 18th, 1911, made by Weighing anu
sales Company to Empire Trust company as
trustee. all persons interested are hereby notl-
ned that there has been this day paio 10 the
Empire Trust Company. as such Trustee inc
sum Of Five thousand dollars tS3,oOop 70
create sinking fund for the purchase ano
redemption OF bonds secured by SAID deeo on
trust All persons interested are further heIep!
notified that, pursuant to said deed OF trust
sealed proposals will be received by the I'm J.
p!re Trust Company al its office, No. AZ Broad
way. New York City. within six 90 days from
the date Of the last publication of TINS notlce
Offering for sale bonds ~ the Weighing ana
SaIes Company secured by said deed Of trust,
with all unpaid coupons thereto attached.
All such offerings shall state the name ana
address OF the person offering the same Tor
sale the numbers and par value of the bonds
so offered for sale. and the price at whlch tne
bonds with all unpaid coupons thereto at
tached are offered for sale which price must
he less than the par value thereof and accrued
Interest Such offer shall be contained IN "A
sealed envelope endorsed Proposal for sale 10
sinking fund OF bonds Of Weighing and safes
S'orousny'" and must be received by said En-
pire Trust Company at its ONCE, NO. -
Broadway New York City. before May sth'
1879 -
The money so paid 10 the Trust Company
will be used In the purchase Of bonds uhoer
laid offers al the best price obtainable. NO
proposals will be considered except such as
strictly comply with this notice.
Dated, New York April "a. 1912.
wv G rs COMPANY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
FINANCIAL MEETINGS.
NOTICE OF SPECIAL MEETING OF STOCK
HOLDERS OF
nrr.y, r-uru STIEf CnRPOR ALTON

\ SpsciaI Meeting of the Stockholders OF
Bethlehem steel Corporation will be held at us
principal Office, No. 76S Broad street, Newark
New Jersey, on Tuesday May IA, i9l2, at IL
o'clock noon for the following purposes, VIZ.
% To authorize the pledge by Bethlehem steel
holdings OF the capital stock of subsidiary
companies to secure the guaranty by said Cor
poration OF the payment of the principal ana
Interest OF I'VE per cent. 30-year mortgage
bonds Of Bethlehem Steel Company OF an issue
limited 70 $50 900 600 and to approve the pur-
chase and sale OF some OF said bonds by SAID
CORPORATION. ana % to transact such other
business as may properly come before the
meeting.
the transfer Of the capital stock OF said Cor
poration. both preferred and common. VIII be
closed al 3 O'Clock T. NJ. on Friday May g.
1910. and viii be rcopened at 10 o'clock A. NJ.
on Wednesday. May u. 1912.
Dated Newark, y. j.. April -, 1917
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
CONSOLIDATED EXCHANGE.

Stimulus was given to the upward move,
ment in Reading and Lehigh Valley on Ine
C'onsoIidated Stock Exchange by the uIl.
6erstsndinp that the anthracite coal miners
strike had been practically settled. AZ
times the bids for the stock we're well above
the coincident price level on the New ioih
Stock Exchange. COMMISSION no I's
handled a large volume OF odd lot orders
embracing an extensive list of the speIciai-
Ties as we'll as the standard stocks sixty
one different issues were represented ny
sales in the day. American Can was again
a feature among the specialties. Detailed
onerations follow.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
FINANCIAL ELECTIONS.

T1IF HANOVER NATIONAL BANK OF THE
CITY or NEW YORK.
II Nassau street, New York, April 25th, 1872
Al a special meeting OF the Board OF Di-
,ec,ors held this day the following named gen
tlen1en we're elected Directors OF this Bank:
Mr.. Samuel Woolverton.
Mr.. Ernest 1seiD
Mr. w Emlen Roosevelt
FL NE,R Z WHITTAKER. Cashier
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
Office of - - ..
THE NEV YORK, CHICAGO AND ST. LOUIS
RAILROAD COMPANY.

CleVeIand, o, AprII Isl, W.
NOTICE is HEREBY GIVEN that the An
nual Meeting OF the Stockholders OF this Com
papy FOR the election Of Directors and for the
transaction OF such other business as may be
broug hi before the meeting, will be held at the
principal Office OF the company, IN CleVeisIlu.
ohio on the FIRST WEDNESDAY (oelnS IN, me
Isl dev1 OF MAY, 1912 at o'clock a m. The
Poll will continue open for one hour thereafter
BY order OF the Board Of Directors.
- Y,vyTCu w pARDEE Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
PITTsBIRG, FORT WAYNE & CHICAGO
RAILWAY COMPANY. 100

Tittsburg Pa AprlI 10 ivt~' :,
NOTICE-The Annual Meeting OF the stock
and Bondholders Of the Pittsturg. Fort wayne
& Chicago Railway Co. will be held AT the once
"wednesday. MAY Is. 1871 at ~ O'Clock. for the
purpose OF elccting four directors In the place
Of a like number whose term expires on that DAY
- Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
FOREIGN BANK RETURNS.

London, April 25.-The weekly return. OF
the Bank OF England shows the following
changes: Total reserve increased Sli-
611 600; circulation increased 10000; Dull
lion increased e1.6720o0; other securities
decreased Gl,9l3,000; other deposits In,
creased fl7,000; public deposits decreased
g4O2 600; government securities decreased
G125,O00. The proportion Of the Banks re-
servo to liabilities Is now 4S.4O per cent
against As. 40 per cent last week, and COM
pares with a decrease from 4s4O per cent
10 II per cent In this week last year. The
rate OF discount is unchanged at 3h per
cent.
The clearings through the London banks
FOR the week were G262,040. 900, against
y 1926. 700, 900 last week and f253,l77oo0 IN
this week last year.
Berlin, April 25.-The weekly return or
the Imperial Bank OF Germany shows the
following changes: Gold on hand Increased
AZ, 27s O00 marks silver on hand Increased
27649. 900 marks; notes in circulation de-
creased 90, 900, 600 marks; treasury bills de-
creased 19,972,000 marks; deposits IN,
creased 1909 900 marks; loans decreased
90 $4,000 marks; discounts decreased loo'-
29S, GOO marks.
Paris. April 25.-The weekly return OF tne
Bank OF France shows increases OF To-
500 600 francs I'm gold on hand and 3oo.OOo
francs IN silver on hand.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
Ncor Common stock.
Results TO Present Holders Of Securities OF
Allls- Chalmers Company.
Bondholders and Stockholders deposi

Bondholders and stockholders deposltlnE IN. ~
der Plan and Agreement or ReorgahlLattua
viii receive on completion OF reorganizatoh
shares OF new Preferred and Common stoL
or Voting Trust Certificates representing VI"
same, as follows;
I For each -. 600 Five Per Cent Bono
with coupon due January '. l9l-'
and all subsequent coupons at
'"e"eu s.., sd, 81 400
Q New Common Stock. '''
3 January :. 1872, coupon 10 OK
cash .,.........'''' ''''''''
. For each share Of 500 par value ~
preferred Stock. and payment OF ~
per cent. assessment. 1. G., S-o 'u
CASH 500
/ New Preferred Stock....'''.' 90
2. New Common Stock. ..."''-
For each share OF 500 par value .,
Common stock and payment OF ~
per cent assessment, l. e. siV !"
CASH al. tie
. New Common Stock '''''''''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26

~ Broadway New York April Is. 1917
~ a meeting of the Directors OF the ANAL
Eamated copper Company dividend OF one
per cent 90 was declared. payable May p,
ia1s 20 stockholders Of record on the books OF
iiie company as OF II o'clock noon. April %.
l9i9 A. II. MELiN. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
,..e..wert. On Outstanding s,oct.

IN order 10 provide FOR the expense aud
other purposes Of the reors 'za'ion s'' -
s,,nnIv tho new company with additional work.
ing capital the holders OF the outs't' ains
stocks OF the AIlis-C Chalmers Company "i o.
required 70 pay assessments m cash 'r 'o-
lows:
l. Preferred stock will he
assessed % per cent. $4,000
.. Common stock VIII be - -. -. . "a,
assessed 10 per cent. I9eAooo 60 l'-''
Ten per cent Of the respective assessnl'ns
Will be PAYABLE on deposit OF the certinc2ies
nr after October T. 1879. on thirty days notes
by the Reorganization COMMITTEES to b -l'sn
as provided IN rhe Reorganization Agree''en|
syndicate has been formed b. James y
wallace and Alexander ]. Hemphill. as : ndl'
cato Managers. 10 underwrite said assessnants
upon the terms Of an Jnderwrit ng Agre .nen'
LetUeen them and the REORGANIZATION 'om'
Mite. 10 be lodged with the Depositary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26


Participation in the Plan and AsIeei w IRE.
=, snreani1ation by holders of bonds OF ~,
Scrred or common stock or the Aills', 90. ~
c-ompany will he dependent on the uet' .,,k
such bonds and the certlncs,ss tot sraI trust
IN negotiable form with the C"hua4 X,
Comnany OF New York. as Depos Isty' a. ,,st
"A wall street New York CITY. bonIS mi.
he deposited with the coupons natuur ,nns AZ. E.
arv 1, 1912. and all subsequent eV 81 an TIE
tacbed All deposits must be mao. op1.or.
,ar,,s NJ the Plan and Agreement OF ls,.k
esnization prior to May I, 1917 are a., IN.
date no deposits will be received eNC'P, .i,ts-
discretion OF tho Reorganization Iontu r.i1hts
pano.itors will be entitled only 10 such lent
as are conferred by said Plan ana as,SSee,nert
OF REORGANIZATION. The Plan ana NJ ~ 20 he
NJ REORGANIZATION Is limited exclusNeS ~, 10
narties thereto. and no trust or ooII--saISS 10
favor 81 any others whomsoever Is ~ .trora.
he created thereby or TO be Implied 'he''
JAMES n. WALLACE, Chairnsn'
AIEXHNDEK y HEMPHILL,
X. WAITER IEIGH.
JOHN ". McCJEMENI,
W. FMIEN ROOSEVELT
REORGANIZATION Commute
GUTHRIE. BANGS q VAN slNpERr ,,;,,.e
Counsel to Reorganization comH'"'
FRANKLIN l. BABcoCk; se Sf. >iiTw YORK
CENTRAL TRUST COMPANY OF NE"
Depositary. -.
Address of Committee and Depostary, IN
"a wall Street New York city, ,"he''
communications should he addressed
The Certificates of Deposit issued y
the Central Trust Company OF Ne
York IN negotiable form tor e'n.
Cralrners Five Per Cent. Bonds he,s
been duly listed on the New York Stos'
Exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
DIVIDEND NOTICES.
,rr1Cr or .nrAnING C0MPANY-

philadelphia, AprII 10, IUIZ
The Board OF Directors has declared from
the net earnings a quarterly dividend OF one
and one-half per cent. Il izfc) on the Common
Stock OF the Company, 70 be paid on May 9th,
1912 TO the stockholders Of record at the close
OF business, April %, 1912. Checks Will be
mailed 10 stockholders who have filed dividend
orders with the Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
PLAN OF REORGANIZATION.
Present capitalization

l. First Mortgage Five
Per Cent. Bonds. .sll,14s,oOO
2 seven Per Cent.
Cumulative Pro-
ferred stock. $500. 160Joooo
q Common stock...... I9s2O.O00 $47, 0ls0og
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
~. Paul Sant Ste. Marie
hallway 60. q Central Terminal Rail-

Coupons due May 1. 1912. from First Mort
ssss Chicago Terminal 4ee 30-year Sinking
r,nd Gold Bonds will be paid on and after
ioat date on presentation at the Agency, Bank
Of Montreal, New York
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26

The following were the last actual sales
end the closing quotations for stocks IN
which there were no transactions yesterday
on the New York Stock Exchange:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
N y. AND OTHER GAS sEcURl TIES.

Bid. Asked. Bid. Asked.
:sipf IS s' , g 5Ss Saa g. 3" s.a
nc. .Is q "a. OF 100 81 Gas Is. 9s Deh
sK G q bs. 90 100 10 com os.ios lUo
~ r ss"'Iot 1903 syr G LIST IS .i02K iO3
.NYSER bs.lo4 Jos 1t & p IS. s3A s4l
Mutual III 100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
sNew stock.
RAILROAD EQUIPMENT BONDS AND
CAR TRUSTS.
(Maturing l9l3-'27)
FURNISHED by Swartwout & AppenzeUar. No. "
- Pine street.)

Furnished by swartwout & Appenzeliar. No. a
Pine streeto
Name Maturity. Int. yieid
Atlantic Coast Line p c, l9l3-1I.. ~. -
Run q p Az c. l9l9-'2. :.... 80 ~
Cent OF Ga Ry AIS p C. 1913 H.. ~ "a
Ches q Ohio 4 c, 19l3'i1 ...::... "a ~
chic &. Alton 4-4is-5 p c. l9l3-19.. "a
chic & r Ill 41s-5 p c. 19l3-'l1 -. "a ~
chic. r & p Ry AS c, lel3-lo - q
Gin. II & o AS p c, 1913|20....... 81 ~
Del a. Hud "A c, 1922 ...,....... "a ~
ETie 1919 p C. 1871 ..:,:::.... -.
Hocking Valley 4-4ls c, lel3-s. ~
Hudson g. Man c, l9l3-.l9: 81 -
c. TT S & Mem "A G. lSl3-1o. ~.
KANSAS C So 4h p G, 1915 lo.:.:::'. -
iehigh Val r r AN c. 1876. ~ -
No Pac ) o c, 1877. .....:........ 9A -
Mobile & Ohio 40 c. 1al3-'l6..... ~
Lines p c, l9l3-,22 ......... - ~
Norf & w 4 p c. 19l3-'l8 ......,. ~ ~
Penn 315-4 c. 19l3'lI. ....;........ "a -
81 ', & $ + 1919 p c. 1918 H.. 5A ~.
do Guar A X + p c. lSl3-lI... ~
scaboard Air Line 4la-5 p c, l9l3-'l7. D. ~
Southern Ry 3a4-4h p c, 1881. ~ "a
Virginian Ry s p c, 19i3-'1e. 51s W
wabash r II AS p c, 19l3-'I. 80. 81 ~
wheeling & I. ID 4is-5 C. iei3-'22.. 5ls ="
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
Distribution New Securities.

NciC Preferred STOCK
{ To holders OF Five Per
Cent. Bon[ AT parS11, l4S.0'"
. To stockholders on
payment Of assess
Tnnnts AT par. 1892. 900
. s,rrIr,s ~ pa Is0. 900 sls 80 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
> comm Si stock -. g. ooo. 900 s.. 10000,

The holders of the new Preferred STOCK are
to be entitled 10 preference not only IS 70
dividends but also as % principal ana any
accrued cumulative dividends IN case OF ligW'
dation II found practicable the neW Pre-
ferred Stock Is 10 have power 70 elect @ ma
ioritv OF the board Of directors and is ~ "a
rcdcemable at 10 and any accrued cumulative
dividends Voting Trust n the ne" re.
ferred and Common stock, except directors
ouaIifyipg shares will be created for nrs
t,ars with dv- Voting Trustees, who or 70
h. appointed BY the REORGANIZATION commit
tee, and Notag Trust Certlncates VII ue az
triiutsd in Leu OF stock II will be provided
that the now company snail not create any
mortgage lien Ipon its property so long IS any
Of its Preferred stock remains oulsIaI.'@s,
unle., he holi.rs OF az least so per cent N
amount OF such stock shall give their consent
thereto either in writing, or by vote a. duly
notified meeting specially called tor W. ryu
sheraton of the subject and that. during NJ
continuance OF the Voting Trust. the c9nsent
in writing of holders - a ike amount o. Not.
iny Trust Certificates for such stock snail iIP
be required
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
lime TO DtP0sT EXPIRES APRIL 80. 1871,
ALl|S-CHALMERS COMPANY

New York, March 20. 1912
To Holders of First Mortgage Five Per Cent,
en-Thirty-Year Gold Bonds and shares
Of the Preferred and Common stock Of
the AIIis- Chalmers Company, or Certin.
Gates of Deposit Therefor.
Notice il Hereby Given that A Plan and
Agreement Of Reorganization dated March IS
1912 has been adopted and lodged with Tie
Central Trust Company Of New York Dee
positary, and that holders Of the bonds and
stocks and certificates above mentioned are
hereby invited to participate in and To- avail
OF the benefit OF said Plan and Agreement
upon the terms and conditions therein speci.
fed Copies OF such Plan and Agreement Of
REORGANIZATION and of a circular dated Marcn
30 1912 issued by the REORGANIZATION COM
mittee will be furnished TO Bondhoders and
Stockholders on application TO the Reorgsnlza.s
ton Committee or to the Depository at Its
office, No. "a Wall Street, New York City.
The Plan is as follows:
PLAN OF REORGANIZATION.
Subject to the Terms and Provisions Of Reors
ganization Agreement Dated March is,
1912, and Lodged with Central Trust
Company of New York.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
INACTIVE STOCKS.

shares for the corresponding day In 1911. $500
compared with 33s93 shares for the Same period In 1911
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
BOND MARKET SALES.

Total for the day. compared with Z95'
Total sales January April o. inclusive 46sS6o shares
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
SHORT TERM NOTES.

Maturing loi.-'2.)
Hurnlshed By SwaItwout & AppenZellar. No ~
Pine street)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
Proposed New Capitalization

thorized capital stock OF So. 100000. divided
as follows.
ferred stock ..... .S16. 100000
Cumul alive from
January 1, 1913, at
- per cent per an
mum. from January
/. 1915, at per
cent, and from
January /, 1917, az
per cent, but %
be entitled 70 per
cent. from begin
ming II earned by
new company and
declared b. its d. FL
> common Stock. ...... IS ooo. 900 s4c 0ob
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-26
NEW YORK CITY BONDS.
FURNISHED by W. ". Coler & Co. No. ~ Cedar
street)
(Acrued interest TO be sdded.)

coupons interchangeable fReslstercd lCou-
pons. sRegistered and coupon
The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1912-05-22
STEAMERS TO COME
BY WAY OF CANAL
Company Former for Direct Ser
vice From New York to
San Francisco

NEW YORK, May 1S.--The first
American steamship company to be
formed for the purpose of maintain
ing direct service between New York
and San Francisco by way of the
Panama canal has just been incor-
porated in Delaware. Its name Is the
American Transportation company.
Three American built steel steamships,
to be ready for service by September
of this year, have been contracted for
and are being built at Detroit.
These vessels are to be used ex-
clusively for freight and will have a
capacity of 400 tons each on a draft
of about "a feet. They are to be 26l
feet long. 23 feet inches beam and %
f. t in depth. Every modern improve
ment for freight handling and trans
portation will be employed in their
construction. and they will have three
ports on each side leading into the be-
tween decks, four large matches and
four booms at each hatch, with lift
ing capacity of six tons each. They
will also have a special boom capable
of lifting 80 tons. In addition, the
steamers will be fitted to burn either
coal or oil.
D. H. E. Jones, president of the
company and general manager for
James w. Elwell & Co., has already a
number of vessels at his command,
and the three new steamers which will
fly the American flag. he said today,
will be only the advance guard of a
II ct of passenger vessels that his COM
pany intends to build.
while activities in organizing new
The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1912-05-22

Eshelman and Past Chancellor George
A. Lafayette.
Wednesday afternoon the brigade
again favored the citizens with q pa
rade, which ended at Camp Bigelow.
where the competitive drill was held
and witnessed by a great crowd Of in
terested and pleased spectators.
The competing divisions were from
Seattle. Tacoma, Spokane and Yaki-
ma. The latter only consented to en-
ter In order to fill up the required
quota and without hope of securing
one of the purses, but their drill was
surprisingly good as far as 1t went.
The first prize of $500 was awarded to
Sunset division of Tacoma; the Sec
ond, 5000, to the Seattle division, and
the third, 800, to the Western Star
division of Spokane. The judges were
Captain w. =, Wilder of the End regi-
nent u. 8. cavalry, stationed at Wal.
la Walla; Lieut.. Walter J. Milroy OF
the First regiment. and Lieut.. Cooms
Of Company e, second regiment, N.
G. w. The Seattle division had strong
faith In carrying of the first prize and
are naturally disappointed.
After the drill Col. Jas. B. Metcalf
of Seattle presented Capt. p. S. Ham-
ilton of the Tacoma division with q
handsome gold-mounted sword, the
cost of which was $40. The pre-
|sentation speech was work OF art in
the way of sentiment and delivery.
Captain Joseph Green of Seattle was
also presented with a handsome boz
quet by Miss Jessie Bailey. Wednes-
day night the regular session of Yaki-
ma lodge was held. at which the work
of the new ritual was exemplifed e.
F. Benson was the subject, taking all
three of the degrees. The Seattle d.
vision concluded to return home
Wednesday night, and previous to
leaving issued invitations to ball
which was held in the dining room Of
the Hotel Yakima and proved a most
enjoyable affair. HA
T. D. s. Hart, city editor of the
Walla Walla Union-Journal, was
Iamong the number OF visiting knights.
Fred Page, auditor of SiSagit county.
and j. FL. Woody. sheriff of King coun.
ty. are among the visitors.
Morris Koch of the printing house
of Koch & oakley of Seattle, was a
d iegate to the Grand lodge.
i Among the members of the Seattle
division present was Thomas ]. Cor
don clerk of King county.
Col r. 3. Pike Of Goldendale, and
Major H. E. Hall of Colfax, both on
GERS OF the national guard, are in at
tendance
d. w. King. editor of the Tekoa
Globe; G. A. Gwinn, editor of the Gar
field Enterprise, and Otis M. Moore,
editor Of the Hoquiam Washingtonian,
are with us. 80"
w. II. Chapman showed his usual
decorative skill in the Establishment
of his drug store in honor Of the visit.
ing knights.
Every knight should attend the
benefit Of Mr.. and Mrs. E. B. Kelly
at the opera house Saturday night.
Fred Reeds decorated road wagon
was one of the novelties of this week.
The ball at Switzer's opera house
was a success in, every particular!
The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1912-05-22
STEEL MILLS KEPT
BEYOND CAPACITY
Consumption and Production
Never So Great as They
Are at Present Time

NEW YORK. May 17.-Consump-
ton as we'll as production of finished
steel products was never so great as
today and orders are flowing into the
mills at 25 per cent to so per cent In
excess of capacity. Although the
iron at the rate of 22,500, 900 tons and
ingots of 100000 tons annually,
they need more metal to keep pace
with specifications.
Shipments Falling Behind
shipments are falling behind and
new business booked cannot be ship
ped for from two to three months.
Prices naturally, are tending upward
and sales are tending upward and
sales of plates were made last week
at 81 per ton advance. An advance
OF 10 cents per box on tin plate is
expected.
Orders for finished steel products
average 100000 tons per day, the
railroads being responsible for more
than one-half of the tonnage, and adj
ditiopal contracts are pending for 400
600 tons Of rails, 10000 cars and 400
locomotives.
Marine Work Is Active
The Santa Fe has ordered 5000
more cars and the Great Northern
1000. The st. Louis e. San Francisco
has bought twenty-five locomotives
and the Pennsylvania lines. west, are
negotiating for 20.
The Rock Island. Missouri Pacific
500 line and the Chicago & Eastern
Illinois ordered rails last week, while
the Seaboard. Atlantic Coast line, Pere
Marquette and the Hartman lines are
also in the market
Steel building and bridge orders
were heavy. calling for over $1,000
tons of structural shapes Additional
building contracts are pending for TO-
900 tons.
Marine work also was active. orders
placed including three more steam
ships for the American Hawaiian
steamship company, one boat for the
Hammond Steamship company. a
dredge for the United States govern
ment and two steel car floats for the
New York Central railroad.