New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-11
RPIEF NOTES OF FINANCE
o,,aoraphs Of Current Interest
avg for the investor.

Slowly " has been going on in Wall
ess Np n,obably is getting the market IN
street ~, good sized rally at some nut
shape ~ To the Spectator IN tunes IKE
u-s da'' ling statements and values
these ,,ttle and both the good and
count ~ are sold in the general move
lad s'Ol"- ,T.ard 1t will be the same old
men' GU" some day. after prices have
'09 cor above the levels OF TO-DAY not
risen To- Isinr that prices may go lower
viihs'1 ,.'n~ public will look back and re-
The "N'' last opportunities in not having
aect OF come bargains when they were
p. ..,os around and nobody seemed TO
want them. ~,
rere few in the Street who eX-
Tae,' unfavorable a showing in the
1ec,'o 's tonnage statement OF the United
gniiee s,eel corporation for May as was
sAIss = IN the figures made public yes
os s.r It had been recognized oy al
t'Os' obssrvers that the steel business
o0se ,s,ns restricted, but no public est'-
vas -, 20 ventured which took into CON
ms'es 49,, the probability that the un-
soelS. ...,ooe on the books Of the cor
hlsl would show SO great a decline
'.'. ~, the falling off in the incoming
anu Ne. ,,. would reach such a percentage
Rate Decision Confusing.
.Sect Of the Minnesota rate case
- has been 10 confuse the stock
'e''s'y and 10 disturb confidence regard
-. future prospects Of all the rail-
- i, this country. Some railroad men
s-.,t in stating that the rate decision
az s,s,od the real issue OF the case,
49, really nothing has been settled
Tho railroads are left at the mercy
-. states as regards rates, which they
-, .ollow unless they can prove they
losing money as result Of the state 5
...tion. In that case they can appeal
80 litigation will follow. AS one
'.r.oss man put II, 1t is like two small
rbo have been fighting, and their
- separates them and admonishes
-. both 10 be good. but says that II
80 are caught fighting again their
49, will attend 10 their cases SO
- the railroads. if they cannot get
-, with the states Congress will have
!, r,t into the matter and take some
itcn
FEELING Good in Missouri.
ns IN Missouri they are feeling very
,.,,-ful over the crop outlook. as the
.ae,tions are that this year will show
..,r, 77oA0O0 acres OF corn, or an in
.-.,,s NJ per cent over last year. With
os- cent planted on June and the
,.,le crop I'm now. the season is 10 per
,.-t further along than AZ this time IN
y, special care was shown IN the selec-
=, n seed and planting was done IN soil
editions S per cent Of normal Wheat
,-ssce had only I per cent OF aoah-
cement. and the indications arc that
a.,s will be an early harvest In 1872
i. states Weld was 100000 bushels OF
ia, and 244cooo0O bushels Of corn.
The Rutland Stockholders.
i ,gsjn the preferred stock holders COM
-rse Of the Rutland Railroad Company
a. sent out a letter 10 the holders Of
"a. referred stock Of that road warning
aen that the New York. New Haven q
s,rford Railroad Company is endeavor-
10 control the Rutland through the
r,xsition Of a majority OF the stock
/ n that such control should be prevent
/ or al least should be conceded only
| the condition that proper safeguards
1 established 70 protect the interest OF
4 minority stock holders. The commit
n embassies the point that II Is I'M
vtspt 10 prevent any increase in the
1 1ataHzation Of the Rutland, which, &C
4 -eing to the report Of December 81, 1917
now on 4 basis of $3.50 % mile
& s,ckholders are advised that they make
4 5rosits OF their stock on or before july
1879 with ne Columbia Knickerbocker
Iust Company. 30. 50 Broadway. The
4 anmittee IS composed OF r. c. DelaVan,
4 lshn F. Calder and Ralph L. Shainwale.
ne letter is result Of disclosures
the Interstate Commerce Com
-ission investigation which have shown
M effect OF New Ravens control over
slhsr roads such as the Boston q Maine
he Maine Central and the New York, On
zrio & Western. Of which a large mi
,orty interest is left outstanding, "hiIe
the case Of the Central New England
i lie committee afirms that a striking con-
,sN Is shown because the New Haven
s'sfrois nrscticafy all the stock Of the