New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-18
9PIEF NOTES Of FINANCE
paragraphs Of Current Interest
for the investor.

,scogn!zed that India 10 gradually
i a, important cotton country.
oeco'' g-,,isb influence the cult OF cot
UnoI &c ,s making considerable ad-
20" IN n. peninsula. Less than hfteen
van az, the Indian cotton crop repre-
Fs"'a found $4,000 ba'es, with an acre
'eo' .,ac50 The acreage IL nov above
Is 30 and a Fair average YIELD IA In
-. 600 90 bales The. cotton crop
,s now the second largest IN the
o. nrring the last twenty-five years
% IA. ouadrupleG her spinning and
4nO'. IT, rapgcity by steam power. and Il
.,,,n,sted that not fewer than $4,000
weoye cotton cloth on hand looms.
Guaranty Trusts Big Deposits.
80. deposits Of The Guaranty Trus;
Ip we're exceptionally large, and
.'. ,arf WIS remarked by the officers OF
'.'.' .ro-ar,y company. The total depos-
~, 'L' ,rcIuding those OF the STANDARD Trust
o,v which vas merged with the
-.,,y T~Us, Company on October IS,
-. asa sr III. Until the completion Of
- COS GUARANTY Trust Building, at No
-, ~ Broadway. early 81 the coming year.
-. business o. ths Standard Trust Com
~ will be continued Of No. Is Broad
- ~, and that Office viii be known as
-, standard Branch Of the Guaranty
Trus Company
c.u,rsI Park Railroad Meeting Call.
cornutee. composed OF A b. Moran,
u, uru,srs Nicholas & Moran; Henry
: Curtis Of G.. H. Prentlss & Co, and
c.orgs F. Mo-gan have sent an urgent
..,nss. 10 the stockholders OF the Cen
raj Park. North 3 East River Railroad
ronrsny 70 attend . meeting 20 be held
= Room 6ls. No p Broad street al
o,,,ock October q, 70 take prompt action
70 protec; their interests
In the Steel District,
II IL estimated that moro than 10000
,ons Of Besssmer and basic have been
sbtsipe6 b. few consumers In the
pttsburgh district during the last two
wssEs. according TO The Iron Trade Re
yiex." Tue Allegheny steel Company has
lus, contracted Tor H0ou; 1000 tons Of
ossic foF delivery during the FIRST six
nepths Crude steel il very scarce and
omen hearth binsts have been sold as high
:, IS Pittsburgh, and special forging
zrlets AZ 90 Eastern mill. The railroads
continue % buy a. a rate unequailed In
,ecen. years Next yea- orders for rails
IN the csse Of all leading systems call for
much heavier tonnages than FOR the pres-
ant year. and IN some cases are fully
double There Ia considerable buying OF
cars. much Of which has been quietly
psced II IL authoritatively stated that
srdsn for 300 cars are now pending,
The Wires Get Crossed.
Down In AsDury Park. wneTe they have
Sa5v shows discover gea monsters ana
commute. they have been hearing things
Hncs the boarders and resorters left tho
town one OF the siU tes that has just
cane into the town bv the sad sea waves
i ,hpt by the purchase Of stock OF the
ate Rufus Blcdgsit the Pennsylvania Sc
cured cCu,rolllng interest In the New
Tuk s Long Branch Railroad. There
vas considerably more 70 the story IN
lyduP maay improvements that viii 0e
made Tor commuters including electrinca-
Ton Of the Pennsyi, GRis from New York
70 Philadelphia The story OF Peunsyl-
vsnh cOuJrJ. OF The New York a Long
5r8n-h was eupnsticalIy denied by tho
Pennsylvania officials yesterday. ant the
5a.anys u the story Is left Tor the com.
nulers 70 enjoy