New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-24

/ production was the largest in the history
. OF this country. the next record wear being
/ 1000. Production Of Bessenler steel ingots
and castings in 1911 was 1.94TS49 tons
! against 9.412.779 tons IN 1910. a decrease
Of more than ] : per cent
! The Wabash Railroad e 70 have some
new blood injected into its financial veins
| in the form Of Improvements in double
/ tracking, equipment. etc approximately
/ $4,000, 600 will be spent for equipment, So
/ 80. 600 for double tracking and 100000
/ for paving debts. 7. a. Delano receiver Of
/ the Wabash, has alreaGy made contracts
around the 5000 200 figure for new equip
mcnt. grading and tools and still has So
. 600 available from the authorized So
. 100000 certificates. ~ present no definite
news can he obtained regarding the re-
organization plans for the companv.
Necessity is not only the mother ~ in
venton. but Of discovery Sugar producing
/ interests, both cane and beet are now
/ looking into the value OF molasses as a
substitute To- corn for fattening cattle
, The Louisiana molasses crop last year in
weight Vas equal TO 100000 bushels Of
corn while the beet sugar crop represented
. about 100000 bushels Of corn. Beet pulp,
as cattle feed. in weight equalled llo,o50oO0
bushels Of corn. In round numbers the
. sugar INDUSTRY helps out the corn crop with
an annual production OF cattle feed equal
in weight to more than 9oo 90 900 bushels
I or corn
Gradually tae process Of elimination IS
ffzaIF a Ia mining
motors 7ho have feI the public with
/ trufled hot air and gattering moonshIne
( When the story has been fully written. the
( graud-Ires f this generation may ST.
around tire Preside and tel of the fortunes
they might have made 'iC the Bamboozle
mines n Nevada OF the silveritus claims
Of Canada had not had such hard luck.
But history will repeat itself and blue
sky" will he sold In the future as in the
past
TIE committees and interests involved
, have reached az agreement whereby tie
/ Wabash Railroad viii receive from the
. Wabash P,ttsburgh Terminal Company
about 5000 0lo IT, return the Wabash Rail
ROAD viii give up the collateral it holds,
. which represents control of coal properties
The agreement, which must be confirmed
l,- two courts. also provides for the raising
NJ y,t.o1nooa IN all for the Wabssh-Pitts-
nurgb nv 2 temporary loan, proceeds %
/ ,rbi.s viii ho used to take I'D the s. Noo0Ho
NOES issued in connection with the deal
between the Wheeling & Lake Eris and
tie wabash Pittsburgh.
,~bera is work for me rumor factory IN
wall street those DAYS. and They say
...o is acknowledged the biggest Ndr IN
,ra DISTRICT. distributes gossip concerning
.,sr,body ard everything. The Pittsburgh
,,.1 C.mDarv. Linaeed oil, American Can
and oven Vulcan DEFINING have been IA
,.-..a Win .u.ido information whicn
,,f, the outsiders seem to know what
....r 5tst-ict it would be. however II tho
~,,-.or factory should shut down.
.s,.~ a series OF rumors which never
,,.,r. we'll founded, a twO-thtrds interest I'D
49,. ,o.ev Island 4 Brooklyn Ralrod"
,.,,.,,Sny has passed To the LAWYERS Ilue
,.,-,,ra,,re and Trust Company, as trustee
/ r.. +-,,s- corrauy has assumed title 1" the
....l, ina the interest OF parties whose !deH-
49,. r.i-ror the president Of the company
49, o,i,a, officer OF members OF the eAeeu-
&c.,. .,.,,,,,littee have disclosed. All that any
- char, would say was that the transfer o.
,,,.. mas a banking transaction pure anu
simple ~ the controlling hle'eSl - 80,
80 over 40 the Brooklyn RAPID TRANSIT
,,.. the marlborough, the consent VI ''''
/ III Service Commission must DE So
cured SO application 10 tha' e"eo' ''''7
been made
,-, ,-,e,.r1 Steamship Company, u 'a
ID will take over the Domino"
''.'.',.-.,,,o C1mpany. and the purchase
..,I -. f,,apced through the creation OF
l.-,dIau steamship company, accord
! 49,. nov. Jones 4 CO., probao!y 10 nc
.'7 ., the Boston Yarmouth steamship
-.l..,,..,,. all of whose stock VIII ue IN '''
,.-s,,rp steamship Compah.'
o.. ,,,derstcod that the proposed So
.., ce1 s,sf mortgage bonds issued o" vac
v...,.t,...r Railway Company WI" ca''1e'
.,,...g4 and the bonds issued tHeIe-
'''. ,,.fI D.. retired. Under the pfea'H'
, "''' ,1ere were ISSUED Sfs''V"
. ~ which 100000 were 'al''''''u 81"
,'...,.,ion with tac recent hha".'"b' W.
, ..,,,ic.tc consisting of the ->@''''''' ''
80 xissaI. Knu.cutt a 90. anu
tI.eg,,eon q co. puI'h"so' -. ,,,..
On. from the Tide"ater .i"p'"' '''
'''' -, company which built inc lo""
g 9.s' 100000 purchased by the ,s" 81 ,s
,.1 be Exchanged for like amour" ,'.". % T Fine
WI" s7so5sC1 first mortsase issu ,.. lng
Ia.udel Of the new issue VIII pe ig,%'l'q
b. ,oe treasury for future 'st- a., ,raro
81. !. moi proposed 10 pu' On. a,J -
"t tlls time than the amour" ', ..d aaw out.
take up the S-5o''0" 'F ''"r,qage
',aoe.n- under the Old "'o''s"'
,,.. ro...,aI OF lGmberins on the
The SUI. SUI, has resulted III both sea aho
/ Pa'if' &C. srarc,ty. W. G. Miles OF Inc
rail ton""o' Iu1bcr Manufacturers Asso-
West '''.' Railroads have not keIf
pai'''" "a, d,.uaais Of the counir' 'n
i~.' "''' .. fre.snt c,Is MSS gear to r.
%. i' ',.l ,ornout stock and fear = S'i''