davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
BOSTON WOOL MARKET.

Boston, Sept. 3.--PrIces have held nrm IN
the local wool market during the last week
Leading quotations follow;
neeces-Dela.ne washed. 34E3jei XN, MSS2c;
= blood combing. 29GSOc: y, 30G3lc; Z. 30a
Sic; n, y and !. clothing. eggs deia ans
3Sg27o 4 blood. 27a2sc: y, 2sa2ac; \. soej;
"a y and . clothing 24a2se. WiscS os y as Su
Georgia 29d30c. Kentucky and similArmg
blood unwashed 27g2sc; y, 3293Se; a. gu
33c.
months. 54d56c: fine. twelve months opg62c;
nne fail. 4eG47c MISUNDERSTANDING. big
62c; middle county. 4s45cc; southern, 4Ig4cc;
,aii yree ls6Boc Oregon-Eastern No
staple, s3d65c: eastern clothing. De; valley
No I. Sc. Territory-Fine staple o8qese;
fne medium 64Q65c; fine clothing, oouo.S,
64c T. 57G5sc; q, 5Sg55c, -
Pulled-Fine A. 5s96Oc; A supers' oogo'c'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
Bankers posted rates follow

DOMESTIC EXCHANGE.-Bosto par.
Chicago. Zoe discount; New Orleans. COM
mercial, &c discount, bank 81 premium:
St Louis, sc discount bid. l5c discount
asked; Minneapolis. par: Charleston, buy
ing par. selling lilo per cent premium.
San Francisco. sight &c. telegraph &c.
BANK CLEARINGs.-New York, tx
changes SOC 1877, 500. balances so, 90, 232;
Boston, exchanges sls.si5, 800, balances 81
81, 455; Chicago. exchanges t2.5's.3lI. bal
ances s., a.. slj: Baltimore, exchanges S,-
723.ll6. balances 1853 rs.
SILVER MARKET bar
silver. 62Ac. Mexican silver dollars. 4sisc
Bar silver in London closed at 2s5sd
MEXICAN EXCHANGE Mexican eX-
change OH New York Is quoted at 9liac
sUB-TREASURY.-Th sub-Treasury
was creditor al the Clearing House for
t4y4@S
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
LIVESTOCK MARKET.
New York. September

New York. September 8. 1912.
BEEyES-Receipts, 80 cars, or 6Io head.
No trading. Feeling full steady for all sorts
and grades. Dressed beef In moderate de-
mand. Native SIDES. 11@l6ci Texas beef
S9f1c.
CALvES-Receipts, part late yesterday.
sos head; 100 on sale to-day. Veals steady;
grassers and buttermilks almost nominal.
Common to prime veals sold at $S6$1l 10
per 100 Id: cuils S6G97 so: grassers and
buttermilks S5as5 so; fed and mixed calves.
50 25f$I 25. Dressed calves weak 10 lower:
city dressed vcais, 13T17hc; o few at 1ec;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04

appeared attractive Hayre closed at net
advance OF 2kG2t francs. Hamburg was n
10 pfennigs higher, Rio was rs reis higher,
and Santos 100 to 200 reis advance BY the puo..
nc cable. although private advtces said tnat
the markets there were very excited and nucn
higher. The worlds visible increased 3sI wv
bags for the month with a total Of 11.4le,OIo
the increase was 57s,ss2 bags. Spot market
firm and higher on the basis OF f4i5c for RIO
No Z. Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
STANDARD OIL SUBSIDIARIES

:, Standard OH Issues We're generally reac-
snVhary yesterday. presumably In SYM
E.tiY with the weakness In the STOCK
hxshange. No extensive declines were
.eeeofed, but prices were shaded from the
sHish figures OF last week
/. Vaeied by Gilbert Elliott & Co, No. 81 Wall
. street,
! - doliara mai nh
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
CURB ECHOES.

/. ne Buffalo mill recovered during the
month Of July l5S.3S3 ounces OF silver from
atptal Of 1876 tons OF ore treated, accord
Ing 70 local reports. The ore Is said TO
have assayed before milling 40.6o ounces
Of silver 10 the ton. The mill ran, accord
ing to records, 5s7 hours during the
month.
There has been considerable repairing
done at the mill of the old Cobalt Cen
,ral, and It is reported now 70 be IN con-
dition 10 receive the milling ore from the
mine The old Cobalt Central mill is now
owned by the Penn Canadian Mine. Ac-
cording 10 Cobalt advices the develop
1fnents al the Penn, Canadian continue 10
be favorable.
~ According 10 reports Giroux shipped
.s5 tons OF ore from the Morris ana
Bunker Hill mines on July 30, and has
: been shipping daily since then. The ore
shipped during August is said to have av-
> traged 20 per cent copper, and prospects
are encouraging.
~. The officials Of the Nevada Wonder Min
lns Company. Of Wonder, New, have re-
tentiy Inspected the mine and mill, ana
larger and heavier equipment has been
tOaIn necessary TO enable operations on
a more elaborate scale than heretofore.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
SEED PRICES.

Toledo, Sept 3.--CfOvERSEED--Bu shel.
cash and October, $lI 80; December. $1t o5,
March. $i1 Is. ALsIKE--Cash. prime. $i2 II:
September. s11 90. TiMoTHY--Cash. prime.
81 IS; September. 81 go; october and Deem
Der, 81 IS: March. 81 so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
BOND DOTS.

hackensack, Bergen County, N. j.. will
receive proposals until $50 p. m. Septem-
osr for $4,000 AZ per cent gold cou-
pom or registered funding bonds The
ooHds are in the denomination of 81 600
each' dated August I. 1872 and are due
august |, 1872. Interest payable semi-an-
nuaily on the first day of February and
August
bronXville, Westchester County, n. Y.
VIII receive proposals until, D. m Sep
TENDER 10 for the purchase OF the So. 400
registered bonds. The bonds are in the de-
nominations Of $1,000 and SLIGO. dated
september Is, 1912. and due part yearly
AFTER five years Interest payable semi
annually
Geneseo, Livingston County n. Y
awarded on August - the 5000 bridge
bonds to Douglas Fenwick G. Co. of New
ORR at ln.Sl25 for 470s. The bonds are
IN the denomination of 500 each. dated
september ], 1912. and are due $500 YEARLY
FEBRUARY !, 1914, to 1929, inclusive In.
terest payable annually in February
ifulton County postoffice. Wauseon,.
ONO, VIII receive proposals until 10 q -,
1eptemoer IL for the purchase of 500 G0
a. per cent road Improvement honds
ihey are IN the denomination Of 600 oacb
udled November |, 1872 and due 80 600 ea ch
SlN nnIohllS from January /, 1914 TO .Tuly
annuoiIy Inclusive interest payable semi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
PUBLIC UTILITY NOTES.

The reorganization plans OF the United
Properties Company and other f. NJ
Smith projects, according to San Fran
cisco reports, have In contemplation the
segregation OF all the transportation COM
panies under one organization and assem-
bling the real estate, mining and similar
companies under a separate control. The
recognized Transportation company IL
is expected, will include the Oakland Trac-
uon, Key Route, East Shore & Suburban
sacramento Short Line, San Jose Short
Line California Railways. etc. The re-
port Is current that n. W. Halsey & Co.
Will assume the principal obligation OF
underwriting the new holding company.
which will be made up of the subsidiary
transportation lines.
The Public Service Commission. I'd Dis
trict, has received a protest from resi-
dents OF Arkvillc and Margaretvile, N
! Y, against the transfer Of all property
of the Citizens Standard Telephone Com
pany to the New York Telephone Com
pany. A meeting TO ratify the approval
OF this sale was held at Albany recently
The compliments we're notified that
under the Public Service commissions
law the approval of the commission was
not required to transfer the physical
property of one telephone corporation to
| another telephone corporation. The com
mission could be of no service in the mat
ter.
The earning power OF the Rio de ia
metro Tramway. Light and Power Com
pany seems TO have increased, according
to the company's monthly statement for
July. The gross earnings of the company
for July. 1912, were sl,244,274, an increase
OF s@,S36 over the same period in 1911
Net earnings amounted to $500. 173, an in
crease Of s2S,S1 over the corresponding
/ month in 1911. The Rio de Janeiro Tram
way Light and Power Company reports
for the month Of July, 1872 and for the
| seven months ended July 81, 1912. with
gains as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
NEW YORK PRICES.
INTERIOR RECEIPTS.
sEABOARD CLEARANCEs.


FLOUR AND MEAI-Inactive owing TO
the decline in wheat. Spring patents, 20 go
81 20: winter straights. 81 60ds4 10 winter
patents 81 9oas5 49, spring clears, 81 6oqs4 90;
extra No /. winter. - 2oast 30; No 2. - ION
"a o.. Kansas straights. 81 &nS 20; fancy
Spring I'M PATENTS. $685. %; RYE FLOUR
Steady; fair 10 good s. s5ast choice to fancy fancy
= ISoMEAL.Fipss, s ys,te 20 and r ysI3w "
Mss,ern bran. s2t 10: standard middling.
SCI TO- our 81 TO- red dog fS2 TO- ,as s q
msaa. "a aoe s33 10. HOMINY CHOP-S2Gq
81 bulk. s27 20as2s 20 sacks. oiLMEAL~-
''9 C9oFFEE-N Numerous private cables from
Brazil. reporting heavy and genera, fros ss
~, ~ o,v In dower caused a very excited mar
Set with heavy covering as Well as genera,
hvvine Prices at the start were 80 TO "
DSints above The final OF Friday. and. while
there was active profit taking at the advance,
values continued TO work up, and at the close
showed net gains of 30 to 20 P points,, sales
Wee from az 10 90 points higher than last
~ sak and Local snnf nrie-s~ while - higher.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
ITEMS OF THE STREET.

rorelgn houses bought Steel common
ana sold the railway issues. Transactions
asgregsted 10000 shares, with purchases
and sales about equal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04

Now there is talk Of an all-year session
.,congress. Perish the thought. Business
"a the stock market are handicapped
enough as it is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
OTHER CT

'Ada t-tarssi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
Un quotations dollars per rhsre.I

"a diyidsRa.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04
=, " AND OTHER GAS SECURITIES
Gas and Electric Companies

.Ex dividend.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-06-23

No. Mitts, former price d0o
soc. Sale price ....a......... 4Ul
No. &c Mitts, former price CO.
75c. Sale price ............. OUC
No. AM Mitts. former price or
w. sale price s....,.-... .s''.t OVN
No. 2s-T Mist. former CT IN
s1.25. Sale price ......... UlsUU
No. 10 Mitts, former price CT %
s1.50. Sale price ......... OlsAU
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-06-23
Hat Shapes at CSC

A big display of untrimmed hats In
all good colors. also black and white,
many blocks and many kinds of
meshes. The department head says
the former prices ran up TO s3.50--
so this is a real bargain OOo
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
BOSTON. January q.

Customer-I would Hike q hook with
some real funny pictures In it.
Clerk-Well. here's q new fashion maya
zine. IT contains oil the latest styles
Scraps.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
WEEKS RANGE OF PRICES
Corrected to the Close of Business January d
the New York Stock Exchange.
Railway and Miscellaneous Shares.

The highest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
The World Of Finance and Trade.
Washington; New York; London
NEW YORK PRODUCE.

NEW York. January N.-F1oM--F1rm.
with prices nominaily higher. Spring
patents. 5.26a5.50: winter str:ignts. 10
1ss; winter ter p:ten t.,.. 4o sstrsS No. +
s. 7oas'so; winter extras. No. ?. s.c6as.;
kansas straigf,ts, 4.7OaASO: receipts. 49,
126 barrels: shipments. 1.7S4 barrels:
Rye fiour--F1rm; fair to &ood' 4'oe
Buckwheat nour-F1rm; 2S0a200 per
Cornmeal-sseaAy: fine white and ysl-
low. 1.55a1.oo: coarse 1.zoadSo; Kun
Rye.F1rm; No. 2, q, elf. Buffalo.
Bariey-Strong; mating. 1.2caldb OIL
Buffalo.
wheat-spot frm: No. ? RED. 1:mH;
elevator. export basis, and 1O4es, Lo.p.
afioat. Futures market WAS Arm. with
q good commission house demand ana
Influenced by the cables, firm cash mar
kets and less favorable reports reearoins
the condition Of the winter wheat Ssop,
1.O6N, closed. 1.06k: July closed. 1:Olss:
Receipts. 5000 bushels; shipments 47'sl4
bushels.
Corn-spot steady: exports. 72h fob
afioat. Futures marnet was nominal. no-
ceipts, IA, $50 bushels.
Oats%Spot firm; standard white. 66ts IN
elevator; No. 2, 81; Nos ana Z. o6n IN
natural white and white clipped, ooao0 on
II.
ceipts, $3.50 bushels; shipments. 1887
bushels.
Hay-Firm: prime, 1.35: No. 1. 1.ao; NO.
2, 1.15a1.2O; No. 3, 95a1.O0.
Hopsasteady; state common On ito 70 c nosse
1911 45a5O; 1910. nominal %.
Bo a,oss. assssSsa. A
Ieather-Firm; hemlock firsts. &a27:
seconds. 2.a2s thirds 21s22 Es!es san, ~
10 OOa20.00; short clear. Il .OOa1S.5O.
Beef-F1rm: mess. 1s:0oa13.50: family
l4.1Oa15.0O; beef hams, 27.b0a2s6o.
Cut meats-Quiet: picked bellies: 1V 20
Lard-steady: middle west prime. Eva -
$50; refined steady: continent. $50;
South America, 1890; compound, 6ha7 T.
Taliow-Quiet: prime city, hhds.. .;
special. e%; country. Sa6s ,,,n. cr,,de
southeast. 4.4oaA.47; prime summer vel
low. b4Oa5. 70; January. 6.4Oa5.4 ~; FED
ruary. 5.43a6 Is; March. 5.5Oa5.52; April.
5.54a556; May, 5.6Oa5.62.
Steady: refined, New York.
barrels. 1856: refined, New York, bulk.
435; Philadelphia. barrels, 7.SS; Phhadei-
Wool-Firm; domestic fleece, Xxx Ohio.
Rosin-ou,et; strained. common to
Turpentine-Easy; machine. barrels
SOY. ..
81.
Peanuts-Duu: fancy hand picked. "A
81: Virginia, shelled, Nos. l and 2. "A
81.
Raw sugar-SteaAy: muscovado, 50 test
3,89: centrifugal, 08 test, ABB: molasses
sugar, 80 test, 8.64 Refined sugaE0uiet
ont loaF a %. rruahed 6.1O: mould "A,
$40; cubes, 5.61; xxx powdered. b:55;
powdered, $50; sranulated fms. $40: dia-
mond "a $40: confectioners, "a" b2o;
No. /, eos; No. 2. $40; No. 8. t.15; No. 4,
s. 10; No. 5. eos; Ne. 8. 800; NO z. 4.90;
No. 8. 4.0O; No. 8. ASS: No. 10. 4.SO: No.
IL, 4.75; No. IL, 40; No. Is. 4.65; No. IA,
465.
Potatoes-Easy and unchanged.
CabbaRes-Steady and unchanged.
Freights and peanuts-Unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
COFFEE MARKET.

NEW YORK, January 27.-The mar
ket for coffee futures opened steady,
at an advance of SAT points. in re-
Spouse to steady European cables. cow
ering OF shorts and little European
buying. Yesterdays later reports of g.
better spot demand appeared to have
attracted some buying, and prices i'm
proved little during the early trad
Ing, but the market later turned
easier under realizing. with the close
steady. at q net advance Of Gas points.
Sales, $4,000 bags. January. 1870;
February. 1918: March. April. May and
June, 1879; July and August, 1880;
September. 1881: October, 12.7S; No
vember. 1875; December. 1871.
Havre was Y to V higher. Hamburg
was Aah pfennigs higher. Rio. 175
relies higher. at s$.275: Santos. 81 50
reis higher, at 1880; 70 unchanged
at $4,000. Receipts at the two Bra
zilian ports were 10000 bags.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
NEW YORK FRUIT.

NEW YORK, January 27.-Evaporated
apples are quiet and barely steady: on
the spot fancy are quoted at 10Aa10x:
choice, 9Na9x: prime. Sta9A. ST
Prunes are dull and rather easy with
some shading Of prices; quotations range
from to 1871 for California up to 3O-4Os,
and 1O15 to II for Oregons.
Apricots are quiet and about steady;
choice. 1ta151z; extra choice. 10a16h;
fancy, 17a1&
Peaches are arm and In sympathy with
the coast; choice. 11a11h: extra choice,
u1hal2; fancy. 1A125k. :
Raisins are quiet, but steady with small
offerings: loo0e muscatels are quoted at
6%A7: choice to fancy seeded, 7haSN !;
seedless, Cat: London layers, I]O LIS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
NEW YORK BANKS.

NEW YORK. January N.-rhe state
.ment OF clearing house banks for the
week shows that the banks hold 49,
$4,000 reserve s In excess Of legal require.
In the proportionate cash reserve as Gem
pared with last week.
The statement follows:
IosSs. si.sS7sH.ooe: increase. a.
Specie. sss4. $4,000; increase. .iases,ooo
Legal tenders. ssi.sse.ooo: decrease.
s. Nss deposits. n.ss4Sloooo: increase.
Circulation. s5o772ooo: decrease. ,sa-
600.
Banks cash reserve in vault. ,4l2. 7s7.-
Trust companies cash reserve in vault
S63.14s.0o0.
Aggregate cash reserve. $l75sAnooo
Excess iswful reserve. $z6.68e.O0o; in
Trust companies' reserve with clearing
house members carrying Is per cent cash
Actual condition:
Loans. s1.sss.sss.ooo; increase. $751;
specie. 1859. $4,000: increase. u2..
=. ] Teri :: i. tenders. ,se.1s4.sss; decrease.
~ IS: q. deposits :gs si.s'as7s.ooe: ,ncr....
ciFsuistion. ssesss.sss: aeerssss s7s.-
BANKS cash rss.rvs in v.uis sAls.-
Trust esm..asss c.sh reserve IN
Ass.ss.ss es.h rsssrv~ ss7s,s -.
Excsss !. i y, ~. reserve. s<@7saoce; In
Trust compsniss reserve With clear
ing house members carrying IS per cent
lash reserve S74.3es,oe6.
Summary OF state banks and trust
korting to the New York clearing houses
Loans. $5e2.270.200; decrease. @.06A-
Specie. ,sAls4.sss: decrease. ss.,4s.-
. ~ gal tender. s11.e''.'''; dsersa'"
Ts q: !, espas,ss ssss.174.soe; inersass
The net depoaits q the New York
clearing house banks. according to their
stAteoasnt Of actual condition made Sat.
urday. January =. arc ct the highest
FORM OF statement. including the trust
companies, was adopted In July last The
deposit increase since the opening o( the
present year has heen $16 900 the ex-
ppsass sSs sss g ss , ~ss1 LOANS
nave risen 1l0 millions siuce the close Of
l811. and are also very near record
leVoL the increase Tor tho current week
having been $l3 900. Tho banks are
carrying cash reserve nearly <7O.OOo.0 900 In
excess Of the amount reported ut the
opening o. the year. and the present ex-
cess reserve Of SIS. 763,0oO has not been ex-
ceeded in over . year. It u to be re-
fnembcrSd also that trust companies now
adlliated with the clearing house are re-
Quirsd 70 carry independent reserve which
formerly represented cash reported also
BY the clearing house banks. Altogether
Il 10 not strange that with the continued
now Of money to. New York. not only
from all interior points. but from Canada
O. wen, money rates should have sagyed
20 . Low level. and that export quotations
Ohou3d have rsen almost to the point Of
inducing shipments Of gold IL Was the
assumption that the decline in interest
rates here would check automatically
some OF the low OF money TO New York,
but the banks are gaining between twelve
thsre Voems to 30 no signs OF cessation
n the movement
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
NEW ORLEANS,

NEW ORLEANS. January N.-Cotton
futures opened quiet. 1 point or to 3
points up compared with yesterday
close. The market closed steady at . net
advance Of 70 points. Cables were not
was again very favorable. but bears were
unable to hold the market down after the
nrst call From the middle Of the morn
ing on offerings from the long side in-
forecast Of unsettled weather for sunday.
This forecast stimulated the buying Of
covers on their part. Prices were sent
down to the level Of yesterdays close at
Spot cotton-steady. UNCHANGED: mid
ding, Ok. Sales on the spot. zoo bales:
to arrive. 400 bales.
January. 9s7 asked: February, al;
March. g7e: May. a:s4: July. 9.95; Au-
gust, 9.a2: October, 06.
The nes result Of the weeks trading In
the cotton market was An advance OF 13
to 10 points. The high prices OF the
week were reached Friday and the
low prices wre made Monday. At the
highest the trading months were q to 20
lowest they were to 9 points under.
Prices ranged over 80 to 81 points.
The spot demand was the main feature
OF the week. It gave the bulls fresh
nervousness among the shorts. who COW
cred heavily. The market was well sup
ported by spot interests whenever IL
exhibited signs Of sagging, and the bear
side made fresh charges Of manipula-
ton.
The movement into sight amounted to
more than half a million. This heavy
into-sisht caused an increase for the
week instead Of decrease In the visit
BE supply. Hester put the total l.. yi isl
bales against 4.O65. 1o6 e year ago.
In the spot department prices ad-
vauced y middlings closing at OK against
0k last week and IA 1916 this week last
year. Sales on the spot amounted to
$40 bales against ESQ last week and
0.3z8 this week last year; sales to arrive
amounted to 1876 bales against 1854
last week ana 6,625 this week last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
would many a time have found itsel
in serious situation.
Snag for Higher Rates.

One other factor has consequence
The railroad demand for better rates
strikes serious snag in the Lake
Shore exhibitor it Is hardly practk
cable for RAILROAD managers to be urg-
the public while themselves showing
Lake Shore is able to pay its stock
holders Ii per cent a year.
Thus there are two issues which can
be met. two advantages secured-as inside
financiers are calculating-by the arrange
ment OF new financial plan for the
Lake Shore corporation. Lake Shores
present $JO.O00,OOO capital stock (and 1t
has been at that figure for many years.
could be trebled and q per cent still
paid upon the new aggregate. Upon the
easier specifically to answer objections
to higher freight rates-while for New
York Central there would be the stock
provision of $1OO.OOO.OOO 8 per cent stock.
which. of course. could be subject to
capitalization. and that Vanderbilt
be doubted by those who are familiar
with the ingenuity of the gentlemen
there in command. A vast amount OF
capital has gone to Lake Shore which
is now represented by new issues. While
capital stock has stood still there has
been invested in road and equipment
since 1907 over $4,000 600. while invest
ments in the treasury, which were under
$15, OOO, 600 in 1893, are now around $780,
OOO, OOO-this latter item supposed to rep
resent cost price. while present market
values average higher. This is a phe-
nomenal record-the companys gross
earnings rising from under $21, 100000 to
$50, 900, 600 since New York Centrafs
coup Of a dozen years ago.
On Eve Of Evolution.
!. What may come to pass in New York
Central-what seems altogether feasible
is Of consequence in it's bearing upon the
fortunes Of New York Central itself not
only. but has importance because it is IL
Illustrative Of what may reasonably be
counted upon as developing in other SINH
larly prominent quarters. We are upon
the eve OF tremendous evolution In
American corporation finance.
st. Pauls reduced dividend VIII not long
cut much figure. The action has been
long expected-has been well discounted
though, Of course. bear traders try to
make much ado over II.
What Is effective upon the better side
Of the stock market is the continuance of
ease In loanable funds. Interest rates are
on the side Of the buyer.
What moreover, exerts tonic effect upon
sentiment is the apparent determination
OF some Of tho very biggest interests to
keep supporting orders under many Of
the standard stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-28
Exceptional Opportunity for In
vestors-6% First Mortgage
Bonds with Attractive Bonus.

A limited snDant q Arst mortgage Timber
lard six per cant honda for sale b. sslieeas
clisnt q sus. After ehssengh iuvsstioat1aa ~
believe the bonds sseWs1 By psopest1es wssth
three times the mwtuass, - al be0ds hevs
been sold except Q smaH part q the whnee
Issue. We sugesst IN istsryisw With nine!pab
By. those INTERESTED at our o0eeo 0afsne ogseleoo
and 31st.
AIocINs. MsSMIL z EvAM s
600 eouth1m 001l0tn0.