davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1912-02-28
PLAN S1S,79,OOO CO.
United Boxboard Committee on
REORGANIZATION Reports.

The reorganization committee OF the
limited Boxboard Company, consisting or
Charles c. Adsit, chairman; Luther W.
Rodr,an 4. Albert Sack. Matthias Plum,
ir " II Binnian and George ]. Marott,
has formulated a plan for the reorganiza-
t,on NJ the company, which has been In
financial straits for some time and was
obliged 10 defer payment Of the July, 1911,
coupons on its general mortgage and COL
lateral trust bonds.
The plan provides for the organization
of 2. new corporation. TO be known as the
United Paperboard Company, with capl-
tal stock of $ls,75o,000. consisting Of sl5,-
600 O0o common and $3,750,OOO per cent nom
cumulative preferred stock. The new COM
pany is TO have no bonded Indebtedness
The present company has an authorized
capitaI stock Of SIS ,000 all of one class,
Of which sl4,0C00o0 is outstanding. Its bond
ed Indebtedness consists of an authorized
issue Of s2.7joCOs general mortgage per
cent bonds Of which Sl,557,C00 is outstand-
ing. and an authorized issue of l7JO,CDO o
per cent collateral trust bonds, S,l@.SO Of
which is outstanding.
The reorganization plan calls for an as
sessment of SO share on the stock Of the
United BoXboard Company. The holders,
upon the surrender of their stock and the
payment of the assessment, are to receive
in exchange one share of new common
stock for each share of the old stock ana
for every so cash paid an amount Of new
preferred stock equal TO 125 per cent OF
such subscription.
The holders of the general mortgage
bonds are to receive 50 per cent OF the par
value OF the bonds, with accrued interest
coupons attached, in preferred stock Of
the new corpora ton It is proposed to form
Provided the plan goes through S,5S'l5U
| Of the proposed $S,750ooo preferred stock
1 of the new corporation will be used 20 ex-
| change for the stock and bonds Of the old
| company. as above outlined. The remain
| ing N.16S,S4O of the issue is TO be retained
| in the treasury for the purpose OF acquir-
| ing the properties Of the American Straw
| board Company. II they can be purchased
on terms that appear advantageous 10 the
reorganization committee Otherwise this
| stock is to be retired and cancelled.
New-York tribune., 1912-02-28
FEARS THE PARCELS POST
Would Destroy Express Bust
ness Official Saws.

Washington. Feb. c7.-Rates Of the Amer
lean Express Company are substantially
three times the first class freight rates Of
railroads.
This fact was brought out to-day at the
Investigation by Commissioner Lane into
the rates and methods of express COM
panies Instituted by the Interstate Com
merce Commission.
J. ii. Bradley, vice president Of the Amer
lean, said his company never had made a
rate less than two and half times the
first class rail freight rate.
is that reasonable rate?' inquired
Commissioner Lane
Il 90 not think two and half times the
first class freight rate is enough for the
service We give" ~aplied Mr.. Bradley. All
in all, our rates the country over are ap-
proximately three times the first class
freight rate but we do not attempt to aa-
lust our rates on any fixed multiple OF the
rail freight rates"
What would you do II Congress should
authorize the parcels post?" asked Com
missioner Lane.
II do not know" Mr. Bradley replied Il
suppose the postofflce would get the long
distance business on packages up TO eleven
pounds and the express companies the
short distance business. Such a law. in
my judgment, would be destructive Of our
business
Walker n. Hines, counsel for the prin-
cipal express companies. submitted a state
ment showing that in the last twenty years
the companies had made S,29S increases in
their merchandise rates and 42, 1753 de-
creases In their general special and com
modify rates the increases had been 1.216
and the decreases 5.052 In the elimination,
at the suggestion OF the commission, of the
double graduate charge. Mr.. Hines said.
the reduction Of the revenues Of the COM
Ia MICS had aEgregaind 81 nnn COO z Noar.
New-York tribune., 1912-02-28

receipts. Dan Talmage Sons Company tete-
graphs Louisiana crop movement at New Vt
leans 70 date as follows: Receipts, rougn. l.
OH 900 sacks against 1,02S,155 last year
sales, cleaned 9s9.932 pockets, against Vlo'-
SIT year ago. 49,
srGAR-Refned quiet, with all rehners
quoting fine granulated at 5.S0c net less
per cent cash. Raw was about 1-1oc rover:
with sales of about 10000 bags on basis OF
l73c New York, and that was quoteo tor
spot at the close, with tone steady Muscooo
vado, 50 test 4.23c, and molasses sugar, 20
test. at 3.OSc. In London beet sugar was
quiet and &d to 1Hd lower; February and
March, los 11Hd; May, los i ad. Stock IN
the United Kingdom was $4,000 tons, against
144. 600 last week In Cuba l72 centrals are
grinding against Ill the previous week ana
10 last year. Receipts at six ports for the
week were $4,000 TONS against $4,000 last
week and 10000 last year. Receipts entire
island, 72,000. against 90, 600 and 10000: Ex,
ports six ports, 10000. against $1,000 ana
3.W00. Total stock. six ports, $4,000, against
l54o 600 and 225,000
HIDES-Sales liberal. market firm and In
some cases higher prices asked. Receipts
moderate
LEATHER-Firmer. with prices showing an
advancing tendency. offerings moderate, Win
u gnod general demand.
DRUGs-Essential oils firm at full prices
and a good general demand noted. Roots
firm, especially for leading goods.
New-York tribune., 1912-02-28
TOPICS OF THE STREET.

FOREIGN TRADING Practically no
business was done for foreign account yes
terday in this market.
DIVIDENDS DECLARED. 49, Dividends
have been declared as follows: Chicago
city Railway Company, regular quarterly
2Ia per cent payable March ~; the Mime
apoiis, St Paul az Sault ste. Marie Railway
Company, regular semi-annual 3i2 per cenl
each on the common and preferred. bOth
pavable April 10; the Standard Gas and
Electric Company. regular quarterly per
cent on the preferred stock, payable March
Is; the Muskogee Gas and Electric COM
pany regular quarterly - per cent on IN"
preferred payable March IL, and the sac
Paulo Tramway. Light and Power Com
pany, regular quarterly ~ per cent, pay
able April ].
SUGAR PRICES. The Federal Sugar Re
fining Company has reduced It's price Tor
refined sugars 10 points 10 5.sD cents u
pound. the figure quoted by all OF the other
local refners.
INLAND STEEL COMPANY.-The direc-
tors OF the Inland steel Company, w %hssn as
has S750jOO0 authorized stock; OF which So-
756 700 is outstanding. are expected To rec
ommend to the stockholders an Increase OF
80 600 90 in the authorized amount. ~ ls
said that only between 8, 10000 and S,OD.OJJ
of the new stock will be Issued in the near
future to meet the cost OF needed nm
provements The directors are reported 20
be considering stock dividend OF about .
per cent.
TELEPHONE COMPANY MORTGAGE. ,
The Cumberland Telephone and Telegraph
Company has executed mortgage 10 the
Columbia Trust Company and Frank W;
Conn as trustee 10 secure an Issue or
Sl5, 900 first and general mortgage per
cont bonds
New-York tribune., 1912-02-28
DU POINT POWDER CO.'S YEAR

The T. !. du Pont de Nemours Powder
Company has issued its report for the year
ended December 81. 1911 The income ac-
count shows gross earnings of S343S9, so, an
preceding year; operating expenses of $Z.
Si4, SJ1, an increase Of SS74,075, and net earn
ings Of s6544,709, an increase Of $214,694
Both gross sales and net profits were the
largest In the company's history. Crediting
$39,42l for non operating items and debiting
S762552 for interest and $,S6S for interest
adjustment and dividends on stock Of sub
sidiaTy companies, the net total deducted
from the net earnings being s729,ssS, a bal
ance for dividends remained of S.O38. $50.
Deducting $775,963 for dividends on the pre-
ferred stock and $.527,020 for dividends on
the common, the surplus for the year was
81 ,51l. 730, an increase of S726l2, bringing
the total surplus to Sl6,662,755.
The report says that because OF the slow
growth Of general business during the last
four years the company has not needed for
the extension OF its business funds In addi-
ton to those already provided through sale
Of securities and investment of surplus
earnings II continues:
"This condition cannot last indefinitely.
and II seems reasonable TO Apect Il further
Offering OF new stock, though probably not
within the next twelve months. The new
money invested from accumulated earnings
and recent sales OF securities for cash at
the time OF our last annual report amount
ed to So, 3,75S067, TO which has been added
this year 81 81, ,7o9. or a total new cash in
vestment since August ]. 1903, of SIS $50 796.
While a large part Of this investment has
been used I'm providing additional working
capital. the value Of our factories (eXclu-
sive Of real estate) has been exactly
doubled during the last eight years"
Referring 10 the government suit the re-
port says:
The officers and directors OF the com
pany have experienced great difficulty in
learning in what ways or particulars our
operations have violated or are violating
the antitrust law, and therefore, It has
been difficult to determine what steps
fully comply with this law However. q
SUGGESTION as TO the character OF "A final
decree has been elaborated for submission
tious matter will I'm the near future be
finally dispoged of
New-York tribune., 1912-02-28

schwarzschild & sulzberger Company and
the New York Butchers Dressed Beef Com
many were detailed by Moses II. Joseph,
secretary and treasurer Of the latter com
pany.
The witness said that after several years
of effort he ard his father. Frederick Joseph
succeeded In purchasing only about one
fifth Of tine 5000 shares in the schwarS-
schild & sulzberger Company, and thereupon
resigned from the -. 81 company, The
Josephs. acting as agents for Tllden, then
bought es29 Of the $500 shares of the New
York Butchers Dressed Meat Company. and
the company became subsidiary of the
National Packing Company.
Both the Schwaraschild & Sulzberser and
the New York companies were active COM
petitors Of the Chicago packers at the time.
New-York tribune., 1912-02-28
PACKERS MET IN SECRET
Government Contends Prices OF
Meat Were Fixed Weekly.

chicago, Feb. 27.-Evidence that nine Of
'ne ten defendants met every Tuesday
afternoon between 1907 and 1910 behind
elosed doors in the directors room OF the
national Packing Company was given by
.No witnesses in the packers trial to-day.
francis A. Fowler WAS the only defendant
.ne witnesses were unable to identify as
having attended tho Tuesday afternoon ses-
sions
Inc government contends that IL was at
fNese meetings that the indicted packers or
,neir representatives. exchanged information
y Fegard 10 their business and agreed upon
.mpinenis selling prices margins end q di-
.'slon Of territory in violation OF the Grim
'psl Fectton OF the Sherman law
'ne witnesses who told Of the meetings
~sre Alonzo N. Benn, assistant 70 Edward
l''oen, president Of the National Packing
company ana 4, p. Hayes, who was EN-
ago.
tae Efforts made BY Edward Tilden, presi-
osht 81 the National Packing Company and
'ns 81 the Defendants. 20 buy stock In the
New-York tribune., 1912-02-28
HoMEsTAKE MINING COMPANY,

The Homestake Mining Company yester,
day issued its annual report for the fiscal
year ended June /. 1911. and also report
for the seven months from June / 10 De-
cember 81. 1911, the fiscal year having been
changed TO close on December 81 TOR the
twelve months ended June last the re-
ceipts were $3.50 064, an increase Of S753, $780,
and the disbursements were &,z62,2Ol an In
crease of s62S12S the net income available
for dividends being s9l?,SSS. Dividend pay
ments were N,3l0.4O0. against s9S2SOo in the
preceding year. and deficit remained or
53s7.537, which reduced the total prof1t and
loss surplus TO Ssi,2ll.
For the seven months from June ! 10
December 2i the total revenues were S,Id,-
642 and disbursements 81 605,9S2 the balance
for dividends being $ll7s,66O. Dividends
we're s7s44oO. leaving a surplus for the pc.
riod OF $l4260. which increased the total
surplus to Si9SfU as Of December 81.
The report says that the company has
broken in the mine and remaining in the
slopes l,Ss3,27 tons Of ore. and has enough
blocked out but unbroken to supply the
stamps for twenty years.
New-York tribune., 1912-02-28
BOSTON WOOL MARKET.

Boston Feb 2T.-The demand for old wool
is less pronounced, although values hold
steady interest centres in the new clip IN
the Far West. where sales are reported rom
14c 10 1Sc. Several lots os old Ohio one
quarter blood heeces changed hands recent :
IS, and renewed inquiry Is reported IN Mieh, !,
lean stock Sales OF territory have fallen ON
In nearly all grades. but pulled wool con-
tlnues fairly active. Leading domestic quota
tions: - ,,,,
Ohio and Pennsylysnia aeeess--pslsIa.
able, 23c; half blood combing, Soc threS-
eighth, soc; quarter; sec; deIslne unwas1eo, nea
Yorl<--Fino unwashed. 20hc: delaine, 2ic;
half blood. 2sc Kentucky, Indiana and Mis-
sor,ri-Three-eight blood. Csc; quarter, -sc
Secured basis: Texas-Fine six to 9, = eight nss
snn fan ace NEUTRALITY-SUSPICIOUS., SOC 52c: :
middle county, 4sg5oe; southern teT i.s;
nle sse; Eastern clothing. 5oc valley No J..
47g4sc. Terrltory1Fine staple e2 &C: &c ans an.
medium, 81 5Sc; half bleod combing $50
e0c: rhree-eighth. 81 52e; quarter t.g ssc.
Pulled: Extra, o0Q5Sci ms A. oowoec' a
stpers, 81 q 53c
New-York tribune., 1912-02-28
BATHTUB SUITS DROPPED
Price. Contracts in Five Cases
Not Admissible as Evidence.

epetroit Feb. 27.-The entire AFTERNOON
end portion of the morning session at the
trial Of the so-called bathtub trust to-day
was devoted TO arguments on behalf OF the
defence 10 sustain its claim that the gov
eminent had failed TO establish a case
against the remaining defendants-eighteen
individuals and twelve corporations
charged with conspiracy to restrain trade.
The motion came after the government
rested its case and Immediately after The
court al the request of Edwin p. Gros-
venor. special assistant 10 Attorney General
Wickersham had nolle pressed the cases
against six OF the defendants for lack of
evidence Federal Judge Angel will hear
the arguments OF the government to-mor-
row
The defence argued, in substance, that
the patent license arrangement under which
II is alleged the so-called trust operated
was legal; that the defendants had no Grim
inal intent to violate the Sherman anti
trust law; that the increase in prices was
inconsequential, and that the public was
benefited because tho defendants took de-
fectiye goods off the market.
The defendants whose cases were dropped
are c. II. Voegele. president of the Barnes
Manufacturing Company, of Mansfield,
Ohio; S. n. Ford. president of the Hum
phFeys Manufacturing Company. OF Mans
teld. Ohio; Thomas Walker president OF
McNey & Walker, of Braddock, Penn; ID.
W Davis, secretary Of the National Sani-
tsry Manufacturing Company OF New Jer-
sey and t. " Brigham, secretary Of the
Union Sanitary Manufacturing Company,
Of Noblesville, Ind.
The government also requested that the
same order be made in the case against ].
a. Frauenheim, president Of the Kerner
Manufacturing Company, Of Zelienople,
Penn. who was put on the stand by the
government. thus making him subject to
immunity. The request was granted.
hr GroSvenor stated that the case
against the first FIVE defendants was dis
continued because the court had ruled that
me price contracts entered into after June
1870 were not admissible as evidence
New-York tribune., 1912-02-28
OTHER LIVESTOCK MARKETS.

Chicago, Feb. 27.-CATrLE-Receipts 1900;
strong: beeves. s5@ss so; Texas steers. - 20
snS S" fSeders s4S$s So cows and heifers, So 20
a se 10; calves $5 5O@s7 rs. HoGs-Receipts'
$4,000 strong. 100 l5c higher than yessef ysa
GS6 As: heavy, Ss 20Q $3.50; rough; Sc 2o@
So 80: pigs, ST iaoas6 10; bulk Of sales. So 80
nafiye SO 40mS4 90; western, SO s0qs4 eo;
Ysarlings S5RS5 so: lambs. native, - OO9
81: Western, s54sI To- r,rr,r y...,r,.
1000. Including 500 southerns; strong TO LOG
higher, 20I 4Oc higher thon last week dressed
beef and eHPSrs 90 steers 50 'sg sss7 is stscf
ers and feeders. 81 25a 500; southern $Ssg
SO IS; Southern COWS $8 8gS2 nSst1lys; Sssg w
fSivfi fSa Srdr SaS suS * of sales, s. io s5 bss
GHesSSsTss sS SO asg 9S psS SS.ch 81 10 g.
SHEEP-Receipts, 5000; strong; lambs: S4so
a SO 35: yearlngs. 81 1895 30; wethers, SAT
81 70; ewes. s36oGs4 %; stockers ana feed
e'S, c,iSSci1Hsd' Feb. 7.-cATTLE-R Receipts
2as: steady and strong 10 10c higher; steers,
s4S5as7 25; heifers So 259S6; COWS, 81 sog
sG so a SO rs. HoGs-Recelpts. 1.795;. active:
packers ard butchers 10c higher; light ship
sS 90 q 5ss SG sS; stays, sass @5 eomon soEs
81 % SO; pigs and % %lishss, ssfS22SGgSS 90 90:
SaE,-p@SSSsfs5.'' ian6s 50 q Sc s. - ''I'' = w.
'1ESsi East IBSffaio. Feb 27:--cATrLE-,ReeeiPstcs
active and steady, 81 5O9$f1 so. HoGS-Re-
'ceipts 600; active and 15G25c higher; heavy
and mixed Sc % Qs7; workers. So 5qST; pigs.
So s5 a Sc Is; roughs. Sc 1Oq SO IS; stays, 81 so
q IS so; dairies. sedS9sI SHEEP ANp AN,
LAMBS-Receipts, 5000; sheep active ana
steady lambs slow and 15c lower; lambs.
81 50dsTS S5.
tSy Telegraph TO The Tribune.l
ST Louis. Feb. observation-disclosures, Ell {;
active and l0c higher steers, ~ S1aSs 90; heif-
steers 81 lO6ts7 Is. HoGS-Recelpts. 400:
scant offerings; advance prices log2oe; choice
sales Sc 256S6 So packers 50 e5gS6 80: best
lights. s6@s6 so; fair DO, IS 50ass best pigs.
81 S5G$6; fair little pigs. 81 50QS5 25. SHEEP
Receipts g. sS6 fairly ectve and steady; lambs.
Is yOafss e5; culIs, "a 50a$5 25; mutton sheep.
S4RS4 S5; common, 81 90dS3 go
New-York tribune., 1912-02-28

pEOyIsIONs--pull but hrm. as result OF
the advance IN the hog market POhh--
Quiet, mess, si7 25@ Sl7 so; family; SIS ESQ
$40 2S short clear lea & SIi GSis si, sI5 90. packet
sls 80 S14; extra India mess $2S 500 e,ao s2d -
BEEF HAMS - Dull az s21 5Oe 80 90
DRESSED HoGs--Firm; baconS SIS gise !
ei1c. Dickied hams, iOs ollie. TALLoW--
Dull; special, 6Ac; city, &c; country. BAG
az fARD-Steady; middle West. SSOg
3 enc: city, siA GSSc: refined. South America,
10. 10c: Continent, o.25c; Brazil: KEGS II @ .ioc'
compound esadossGG os :, ,S1 StEAi'iN r'l'u'' ''''
-CoPPER-standard nrm; spot
14O7ls IL 25e; February r,i 14lO9 13zoS a1Is q
1427iac May 1920 i43oe' June 1t;inn 9ss
fGi Iss cd. Exports, SOs76 tons so far this
month Lake copper. 14I5 G14&c: electro,
iytic, "a sat4Sc: casting, iS7s @l4sc' Iyo Loeal
sales o5 tons April copper at l420c' tn
Steady; Stead spot 1896 4s SOC; February 1920 %
aSs. May. $500 4e.5oc; June 42a42 soc.
fondon easy; spot. f195 5s; futures, t19l os
LEAp-pull at 4G 4.iOc New York and SVSg
405c East St Louis. London. t1o los so
q sTb a q 6aiac East St Louis. London. t26 lbs
ANTTMoNY-Quet; Cookson's, 1.2oc- lKON1,.
cleveland warrants. 49s Cd in London. Locallg y
unsettIed; No I foundry Northern sl4 toW
and soft. Sil 75d SIS 25 The New York Metal
ETchanee announces that the new contract
governigg transactions In pig tin VIII go into
sorce on March II, 1912.
SnTTONsEFD OIfs-The circulation OF
about 1900 March contracts caused quite aTure ae
sosy Late in the session. however, there was a
sfssSfer feeling and fnal prices were points
lon er for March and unchanged 10 point hlsher
Tor later positions. Local contract prices.
New-York tribune., 1912-02-28

Spot auiet with prices 10 points higher AZ
IOI5c for middIing upland. Liverpool sales
spot uufet: sales. 1000 bales; speculation ana
eSport 500: American. 6.OO0; imports, y OOOi
American, $4,000: mld-upand 5.eod Futures
opened quiet at I 10 = points advance closed
firm AT a net advance OF 10 Sls points.
February 5.60iad; February March 6S = d
March April. 5.GSi4d; April May ob9l: d
May.June and June-July, 5.IOhd; July-Au-
gust. s. rod: August September, 5.6Snd; sep
tefnber - October. 5.G4d; October November
bG2Isd: November December. o.6l ad; De
ccmber- January and January February, 0.6ld;
February March. 562d.
COFFEF-Therc moderate upturn'
with comparatively small offerings, and COW
ering by shorts az well as buying by bull IN
tarests Sentiment was bullish, ana at the
close prices were to points net higher ;
saI.s is 600 bags. Hayre closed at 4 franc 10
1. franc higher. Hamburg was unchanged 20
n pfcnnig lower, Rio declined 10 reis ana
santos was unchanged 10 80 rels higher. y
private estimate by Willie &c Co. or Santos
acad this years crop NJ 100000 bags, COM
pared with their previous estimate or 5000
600 maximum. Cost and freight prices Tor
rio Is were easier. and sales we're MADE a
~ 6nc while santos As were quoted az
IL T-lSc. Cash demand continues or job
hing character, but sales fairly liberal. ware
house deliveries amounting TO 1918 bags
against 1897 last week and s,BOI last year
spo, steady. with Rio IS at 14A gl4Hc'
Local contract prices.
New-York tribune., 1912-02-28
UNDERGROUND R. R. OF LONDON.

The Underground Electric Railways Com
pany. Of London, reports for the six months
ended December 81 last total revenues ..
bonds was f77,76i, a balance remaining OF
f54Ol5. and the surplus, after deduction OF
f52.3S3 for interest on income BONDS ana 20 ioI
ts yea was Il $50, an increase OF fl, SO. The
chairman. Sir Edgar Speyer, In his report
10 the stockholders. says that the trainc
of the controlled companies continues 10
show satisfactory increases, aithouSh Ihe
usuaily fine weather during the summer ana
nv TIE general railway strike last August
New-York tribune., 1912-02-28
MONEY AND EXCHANGE.

THE MONEY MARKET.-Money on call
opened at 2Ss per cent; highest, ~ per cent
lowest, p, per cent; closing, 22s per cent.
ruling rate. '2@s per cent. Time money was
n anything, rather duller than OF late.
Rates. %. per cent for sixty days. per
cent for ninety days. 3q3h per cent for
four months, SHq3i2 per cent for hve ana
Elk months Mercantile paper came mo
the market In moderate volume. The alb
sorption was fairly good, Rates. 9zg4 per
cent for ninety days Endorsement. "Edf
per cent for choice four 10 six months
single names. Az per cent for others.
FOREIGN EXCHANGE.-Th foreign eT-
change market opened a shade easier, with
ca ables quoted at 4.S7I2m4.SIb5. demand ster.
ling at iS72OG4S7i4 sixty day bills az i.stl5g
ASil. and ninety day bills a. 4.&q4, 8lo.
short francs were around 51@5, and, short
Teichsmarks 95is less 1-64. The market In
the afternoon was steady. with cables
quoted al AS7iza4 S7S5, demand sterling al
.S720d4 S7l. and sixty day bills AZ iSil5d
484t Short francs held around 5.lSfs plus
Lea and short reichsmarks at 95is9a5s
plus 1-64.
New-York tribune., 1912-02-28
rs posted rates follow:

DOMESTIC EXCHANGE Boston, par:
Chicago 25c discount. New Orleans. COM
,nerciaI 50c discount bank 81 premium: St
Ioiis Ioc premium bid. 20c premium asked;
Minneapolis 2)c premium: Charleston, buy
ing par selling lilo per cent premium; san
Francisco, sight, 2i2c, telegraph DC.
BANK CLEARINGs. 80 New York. eN-
changes S307. .215 so, balances $20.35l 80: Bos-
ton Exchanges $50 78S l55, balances S,025,90S
Baltimore, exchanges B,ill,2l5 balances
S5l5, ,121.
SILVER MARKET.-Commerc bar sill
YER, 5Sj2c Mexican silver dollars; 4ic. Bar
MEXICAN EXCHANGE. - Mexican, eN-
change on New York is quoted at 2Ola
StJB-TREASURY.- The Sub-Treasury was
. creditor al the Clearing House S5Sl, i24
New-York tribune., 1912-02-28

FURNISHED by r. Thomas Renhardt. No. SS
Broad street. New York; No. 81 Devonshlfe
street. Boston, and No. IS King street west
Toronto, Canada.)