davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1913-03-25
COFFEE TREES IN BRAZIL
Reported New Paintings Said
To Be Highly Exaggerated.

Herman Sielckcn. Of the coffee import
ine, house Of Crossman u Sielckcn. and
the chief organizer IF the Valorization
s,.rdicate recently dissolved through the
s,Io of a3l 0co bags of coffee, published "A
telegram Yesterday from the Secretary OF
,..,iculture of the state of Sac Paulo
eating that the report that S"o.coO.@" new
coffee trees have been planted there IS
.oxapccratcd New paintings are calcu-
,a,od at 1Oo. 10000 trees. and old plantings
a., ,uu decadence at the same figure. The
,o,a, number 10 be considered In existence
:, about 7ooeco.Do coffee trees. Regarding
the crop situation in Sao Paulo Nj.
Sielcken said:
"Replanting in Brazil * beset with
many difficulties not for want OF money.
,,,,, for want of labor. The steamship
,,,o, have been asked not to reduce their
,,ssaee rates back TO Italy and the River
pioto lest the labor on which the planta-
,ions depend be drawn off unduly ana
,rinnIe further the coffee industry. These
conditions. among others. make IL difficult
20 raise large crops. and they will have
,to came experience for some years 10
come as they had during the period of
high prices between 1855 and 1896, when
coffee sold at from 10 10 10 cents pound
conditions cannot be changed immediate
10 because the new plants which were
placed out In 1sso required SIX or seven
New-York tribune., 1913-03-25
IDLE CARS STILL GAINING
For Two Weeks Ended March
Is Net Surplus Was 81, ITO.

with the approach " spring and me
decrease In the demand Tor
cars for crop moving purposes the num-
her Of idle cars on the railroads OF the
United States and Canada continues to IN
crease. The fortnightly bulletin of the
American RAILWAY Association for the two
weeks ended March - states that on
that date there was = net surplus or idlo
cars Of 37.775 compared with Sl.Ssi on
March or an increase Of 6,394. There
was a gross surplus Of 57,99S in the mum
her Of idle cars. but tho shortage de
creased from 27.1iS to c0.22@
In the two weeks ended March - the
net shortage OF box cars, amounting TO
G7S. was changed to net surplus OF
4.9S1. while the net surplus OF coal cars
decreased from 1853 TO 1i.O9l. The de-
tailed figures indicate that the Increase
in tho car surplus is due to the larger
number Of available box cars. I'm the fort
night covered by the report the situation
az affecting coal cars remained practical
lv unchanged.
New-York tribune., 1913-03-25
CONTROLLER APPROVES ROAD
Plan Is to Build Highway of Vitrified
Brick in CatskillS.

Controller Prendergast gave his APP
proyal yesterday To an application made
10 the Board Of Estimate on Thursday for
s.. 5000 In corporate stock for the laying
of a fortymlc road of vltrifed brick IN
the Catskill aqueduct region. The road
is planned to connect two state roads.
The Controller was inclined to balk at
the cost Of vitrified brick road, which,
II Is estimated, will amount to $4,000
mile, or about $4,000 in all. Mr.. Strauss
president of the Board OF Water Supply.
acknowledged yesterday that the initial
expense would be great, but argued that
it would be economy in the end, because
for all intents and purposes the highway
OF brick would be permanent II built In
the manner suggested. The Controller
then gave the plan his approval.
New-York tribune., 1913-03-25
WILL PROTEST THE So TAX
Consolidated Exchange Mem
bers Going to Albany To- day.

NJ. z. &c Aruoro. president of the Con
Folidated stock Exchange; W. i. :. Web
Fsr, Ogden u. Budd, +. a. Farnsworth,
{. c. Perpal and T.. G. Adams jrr the
committee on legislation, are going to
Albany to-day to appear at the hearing
given By the Assembly Committee on Tax
alton and Rotrenchment on Assemblymdh
Mark Eisners bill 10 repeal the present
law Imposing Il tax OF . cents on slO
par value. or 3 per 100 shares, on sales
o. stock Regarding the bill President de
Aguero said THAT this tax IS inequitablc'
@lust and an outrageous imposition was
luuy demonstrated I'm the almost uniVer-
= protest OF the business interests OF
view York when protesting against us
Increase. The bin for the increase was
"ithdrawn. and II now only remains Tor
'he legislature TO do tardy justice TO
eoup Of men who have for eight years
O'rhe such heavy burden. This TAX mas
eyhe an incalculable injury TO the city oi
"s" York. and We claim that such an
eHersency measure should not be per
tellaied bat that a scientific system OF
S1suon based upon true and fair eco
"9iAie Principles should be adopted
New-York tribune., 1913-03-25
PITTSBURGH STOCKS.
NEW LAW GUARDS BANKS
Offences by Those in Charge
Are Made Felonious.

Albany. March 2i-Governor Sulzer
signed to-day two bills of Senator Pol
lock. making II felony for an officer
director. trustee. employe or agent OF n
bank TO abstract or wilfully misapply
the banks money. property. or credit:
and providing that the stockholders or
a trust company may At any time direct
that such trust company be closed for
the purpose Of winding up It's affairs.
The Governor also signed bills of Sen
ator Wagner providing that a school
record employment certificate shall con-
tain n statement that the child has com
pleted the work prescribed for the first
six years Of a public. elementary or pa
rochial school. by Assemblyman Grace.
changing the law relating TO the press
ing and marketing OF hay and straw by
defining "A presser and imposing penalty
of s. for each violation of the law. and
by Senator Carswell. prohibiting the To-
eating OF routes for rapid transit rail-
roads on certain streets and avenues in
Brooklyn.
New-York tribune., 1913-03-25
MONEY AND EXCHANGE.

me MONEY MARKET.-Call money
bs easier. Rates. Opening, IA per cent .
Tsnest' 3 per cent. closing, per cent.
co.,. money was easier. Rates, 3i2 per
css, , ior sixty and ninety days. 5An1H per
NJ tor SIX months Mercantile paper
co. 10 ninety days indOrsed Dills ana
80 TOUR 70 six months single names
ch chnokEIGN Foreign eX-
nnsHse closed firm. Yesterdays quota
AZ; Demand sterling. AS75Cigi s7S5; cables,
sbs.a,St.ssD. siXty-day bills. 4s-su4 SZ9O ,
~ ~ francs, 5lsls less 5-6i less l-l6; short
'ucnsmarks. Gh
ssyooMEsTlC EXCHANGE.-Bo Boston, par {,
p,,' ,,'ahsnah, buying 3-l6c discount selling
49, ran Francisco, sight Sc premium
r-etaphlc o. premium. Charleston, buy
NJ, pSr. selling l-lsc premium; Chicago
eor,. new Orleans. commercial 7Jc DIS
,ht Dank 81 premium.
ctsaiEAlCAN EXCHANGE-Mex ex-
unchanged
s,1,Iv.EE-JREAEURY. s,,Iv. -- The United states
lny treasury WAS "A creditor at the Clear.
M house yesterday TO the extent OF
tbssANK cLEARINGs. New York. cx-
B".,tses -0,al,sz9. balances sl0,9S5,SH;
tes tessseh, sed, exchanges sl5.5516ll. balances
bs1ss-, Philadelphia, exchanges $26. .Zj3, ,SIZ,
i1s 1s'SSnces az s, N,S2,4l9; Pittsburgh. exchanges
hsR,SsiZ; Baltimore. exchanges s5.9iS.0s2
""'ances f25 4lS
New-York tribune., 1913-03-25
NEW YORK CURB.

I'm the curb market yesterday specula-
ton continued on an extremely Smal
scale. and while hrmness developed at the
outset i'm a number of the leading issues
toward midday an Irregular tendency set
in more through sheer apathy thdfi
any pressure I'm a few Of the Slanddiu
oil ISSUES gains were recorded on a HeHl
buying movement. New Jersey improving
about 3 points. United cigar stores o.
America after early Stcadlucss, edstu on
q, but later recovered part OF iiic lps2'
British-Americau Tobacco improved .,
hui likewise eased off Davs-Daly was
conspicuous with an advance OF over
point on buying. attributed to inside ac-
count. due to a reported valuable Strlhc'
There was a fair inquiry for Braden at
slight change. -
Gold and silver stocks showed renc"eu
life after the holidays, and hooc o; Duy-
ing orders had evidently accumulated III
Jim Butler and Midway. Butler opened at
soc and worked up 10 92c. which was
gain of points since THURSDAY ABOUT
,Ono shares were handled. Midway ad-
vanced . points to Jic, closing at o5c'
Tonopah Extension made a new hign quo
tation on the present move at = l-1e'
North Star sold at &c and Mzpdh ENteh-
sion al zoe Among the GOldheld stocks
Atlanta sold at lie and Oro al Zoe. lOi-
once changed hands at J2c and ComDlha-
Non Fraction at Sc. Nevada HIS was III
good demand at 81 p and Tonopah Merger
AZ gDc I'm fact. all OF the Nevada $40, ~
showed a good tone and conslderaDie
activity. At the close OF the Session
prices were firm
New-York tribune., 1913-03-25
BOND DOTS.

l. La Grange. County Treasure oi Al
banv. Albany County. y Y, will receive
proposals until noon March 81 Tor the
500 600 a. per cent county courthouse
and equipment bonds. de-
nomination 81 900, apd due April 49, 1850.
j. s Rippel, Of Newark. y. j, was inc
successful bidder on March II for the
800 90 > per cent fifteen and one-half year
average coupon sewer bonds Of Caldwell
Essex County, y. j.
II is reported that Chicago VIII holo
an election on April TO decide Oh I'M"
issuance Of the S2.sSo.ooo per cent general
corporate fund bonds, dated July /. 1915
and due January ]. 1893.
According 10 reports. +. ;. MoseIy d
90 of Boston, recently negotiated q
tor,norarv loan Of $500 with Marlbor-
ouph MiddleseX County Mass, due
March 10 1914.
Havdon. Miller q Co, Of Cleveland
r,oro awarded on March 70 the s21o.0D .
nor cent coupon school building bonds OF
cleveland Heights Village School DIS
trct Cuyahosa County, Ohio
New-York tribune., 1913-03-25
STOCKS IN OTHER CITIES.
CHICAGO STOCKS.

Chicago. March 9i.-Sears- -Roebuck Is
sues again led the selling movement on
the local Stock Exchange. The price oi
the mail order shares fell several points
American Can stocks were next in weak
ness. the common shares losing around
~ points Illinois Brick also displayed a
softer tore. but the trading did not reach
large proportions. Fractional losses oc-
CURED i'm Montgomery Ward prelerreu'
Quaker oats preferred. Chicago Railways
Series and Public Service preferred.
Steel. Woolworth and Goodrich common
stocks made advances OF couple Oh
points each. Swift and Chicago Railways
Series were fractionally higher.
New-York tribune., 1913-03-25
MOVEMENTS OF SPECIE.

Tho exports OF specie from the Port Of
Ney york for the week ended March -
,,ore. Gold. seli7. .2as and silver. $3.50. .l6l,
,o,d NJ S.eo7. ij9. against SJ,6en9c9 gold
"a si,ver i'm the preceding week and
90 or, e,o ,n the corresponding week last
ve.r. Since January the exports of gold
o,,,,ed IN 81. .SS7 40s and silver Sl2. .l5l 300,
hIiiis, sIa 40 Se6 gold and tl, ,sG2, SO silver
i5 the corresponding period last year ar, ~,
nc ,,G for the week ended March -
New New s29s So3 gold and s34o,3l4 silver. max,
weIe ",o,9I of s64i.1l7. against total OF
s7ssi7s i in the precedlns week and s1$S.S42
the eSSypgndih"s ihe imports %peT a' Of specie ec
oiioo oiiio,,rted 10 ss. .ss2. .53l. against N.SHJ3
New-York tribune., 1913-03-25

years before they reached the bearing
stage i'm large enough quantities to reduce
prices. Nor could the present prices PC
reduced materially by the paintings whicn
occurred as late as 1919. There would still
be not less than three years to elapse be-
fore tho coffee market would feel the ef-
fects OF expansion in cultivation. and the
relations between supply and demand
bc materially altered
New-York tribune., 1913-03-25
THE COTTON MARKET
Business Inactive, but Prices
Hold About Steady.

Bctween the defective wire service dde
n the storm. and the lack OF news from
Liverpool there was not much to STIR Wy
tho ,oca, cotton market. and beyond SOM
liouidat,on caused by the issuance or 2
few March notices and some seIiins OF
March against purchases of May by tne
,rot neople there was little doing. F1uc-
tuations were irregular, WITHIN rahse u
or s points, and after an early aoVahse
the market eased off. closing oafeS
steady at unchanged 10 points net gam.
Southern spot markets were unchahseo
70 lac Off. but the local market held az
70 soc for mddling upland: no sales de
Ivored on contract 80 bales. Local con
tract prices
New-York tribune., 1913-03-25
THE METAL MARKETS.

CopPER-The local street market vas
e,e,dv with Lake quoted I5l. d15sc; cleo
trolytic. i5aI5i.c; casting li% ,4Sc
standard copper on the Metal Exchange was
quiet. with spot and March quoted i4ml4.'oc'
April. i4a1sIoc. May and June. ifT
1ts2Lc Arrivals Of copper at New York
Yesterday were 40 tons. and exports fer
the month thus far 33.5+s tons The Lon
don metal markets were closed.
TIN here was quiet. with spot March ana
April quoted ~ a III Csc: May. 43.IoG SOC
June. IS 5od f5.75c: July. i5.25 45.5oc:
August. iJa ij2Jc. and September, 44'3
a i5c.
cnol,son's quoted at &c asked. Lead quiet,
New York spot. 430dtt toc, and East ST.
Louis t15n422i.c.
SPELTER-Quiet with New York spot
quoted. 615n $500. and East -. Louis
&c bid 80 49,
IRON--ouet and unchanged. with No. !
foundry Northern, No I southern and No
/ Southern soft quoted SIT 15d SIS %; No
foundry Northern. SIT 23gS17 IS.
New-York tribune., 1913-03-25

Tho report OF the Lion Hnl Consolidated
Mines for February shows that lSS feet
Of development work was accomplis ned.
bringing tho total up 10 1850 feet
The first cyauidins process ever used ih
Butte is reported to be great success
The treatment is introduced in connection
with the Butte Central copper Companys
new mill. which gives the ores double
concentration and then sends tailings 10
the cyanide tank. The company is said to
be getting approximately 20 per cent rc-
covery. which is I'm excess Of cstimatcs oil
the mill engineer
Adyiccs from Butte state that DAVIS
DAILY has made on important stTlk' on
the ]. fOo feet level Of the Hcspcrus claim
I'm now ground 800 feet southeast Of the
Colorado shaft II is stated that iOi2 rect
~ fret class orc have been disclosed.
composed of glance and bornite. An ore
body three feet wide with two feet Of cop
per glance II is said, WAS opened on inc
q01-fcct level The stock OF is-DalN
advanced about point OF the New YORK
curb Yesterday in less than half-hour
The report Of the Golddcld Consolidated
for tho fourteen months ended December
81. 1912. shows net OF si.ss6,3M, when IS
equal 10 81 81 q share. This compares WIN
81 5os. SIG for the year ended October 81
la,i The production was il5.7S6 tons OF
ore Of an average value Of Sl9 20, or ~
oqo 92s NctaIlurgical losses were $j64,2lS
and orc purchased S,|i leaving values
from production t7.652045, or Sl8 20 ton
II is estimated by General Manager
Thorue that there are 10000 tons OF 'ore
Of good grade" in reserve, in addition 10 a
large tonnage Of low grade ore that can
be mined and milled at profit The com
many had cash on hand Of S72Ss25 and bui-
lion s9lf.773. with 10 debts
New-York tribune., 1913-03-25
JUDGMENTS RECORDED.

The following judgments Tor amounts
a'., '' name bS.ns 81 o, ~ debtor. ,.-,..,
tUeu Walter aud Harry H-lri'ed
states Tire Go. t621 =
,ts0.4
Auscou. Arthur J-E MORLEY. sl'f 81
tronoNitz. Louis-F l. Froment ~ al.
~ 1us rnos. chnstos sc p cslosera
n,'is. Edna c-ilchtcn,,ein Millinery 60.
- G-sa,. samuel-H Jackson: sl4e.
l.olrI,b. Brs.ic-E p Kius 90 a.. SGa5 s.
Husht. Geors' Beck hrg. q 90 StU' StW',1 80
ro-n. Michael-E RathkowsH'. 81
aoa oi
Goorr Hochcil.-5 y Robinson. costs.
.siIp -. q,
Birs. GaiIard RIVIERA N''"' ''' -
o.S p2 p-...
Conaay. re,er J-r r Boehmcke 81 al
- Choosna. lose s-N y Leach Ct AL 81
lei o. ,.s,oc
Epstein 81 b. Wood - a. ,i,,,,'. g.
D,nsIow william W Rahu'uP' >
honaips Burton CM Fas're' 81
1866
.,i'.I -f''>, 2c,,. ,i37 20
s4mo Equi'ahl" surety CO costs >''o a. a.
Goldberg. Abraham VI 'h'i'N ~
,o4tlq
-.'ii GTart'Tr. y; Romeo ''." O., al. $3.50 80 -
c,,,her Rarue' . ArouoNiz, w" ~, o.
1'rri.,..r Bavid-A KuGik - al 80 -.
@r,c1ba-ey ,,., eyorl. sis22f
Fafs'en'''-' '''''
900" ,., p.,cy IA r Pitch 81 -. SO
fSnns ,.,.s co.
ltt..
~ i9..o, rdvin H. Morgan r lanes ana
Frank " burns mot summonea' Lou
bl,. SiJi ~ .t, :;
landcIman Alexander ana H'rn"'"
"T9S,s a,gs,rson george and David Droscoll Gnot
s,,'nmonod, Now York state Realty ana lo
nina. 60 ~ in.''"; p' and charles mot sum
r,dnes, : kruicwitch. siii 81. ..
Hughes. Arthur l.. and CoIe \ Beheker NC,
..,afna@@ho'' ,,,9 10
Iacohs wnI,am iI-P , Travors 81 al
,IissGfaapS "''''"'''
- ,,o,e., TT Wetzler. sil2 II
iltIn,,ic- tIsrrison- -UdaH q Ballou. 500 2.
,i'n s.n,i,cl-I MoraN: s3s6 ~.
k,aHcI,, so,, oo na'''S .
- al. ~ I'm, X Patterson Bros. $223 81
Mcdonald; Wi.aiauI i.li H. "''
son LFN' 81" - y Washington Heights
Malone, fa,I'S fI1 'tS.o,.,r,ction 20 500, 66
Mery ash Harry.L kadSns yol, sISo Er.pch pc panc.
Myers. Jerome y ''"
Co: s'"2 ~ , pe,rnont. til7S
Meycr. Arthur -, xa,ionaI c,esr stands
Mc..r. Ap'd"'"
90, ~ 10 'i' Samuel -Iu,perai Braid Co Inc
M',,,o''' 'a'''''
>'!' - ram. a,d tacob Meudelowitz and
=, Mdas. pnro,,i,, oXccuiors-S Rabinowitz
,i"Ein", :, sI, ss7i 'e'o'''@' 90
M'iN7hts N"'i. a., tr.tt. <an,, a.
New-York tribune., 1913-03-25
Viruinia Railway and Power.

Tho Virginia Railway and Power Com
panys report for February shows gross
of SOS .556. as compared with S5-,'-S. an
increase of S95S27 over February of 1872.
Net earnings were SlSoS9, a. against
SlG4,3s2. an increase of S-o,,6. Surplus
after charges for the month amounted 10
$50 S.. a gain of slG,4i9 over last Fehru-
AIRY. The surplus after charges for the
cight months ended February = Was
S6s4 .5o5 a gain Of SlJo7G6 over the core
spondinc period Of the previous year.
New-York tribune., 1913-03-25
Physical Valuation Law.

There is nothing To fear from the oper-
saon Of railroad physical valuation law.
.cco-ding 10 the view expressed by The
FINANCIAL World. which says that had
,t,s undertaking been started ton OF ff-
,s.r wears aeo the railroads might have
had some reason 10 fear the results As in
.bosa davs q great deal that was sold for
.ovd substance was really water. But.
With few exceptions. the most important
-sfroad systems have now grown up to
,bs cspitalizations then created. The panic
of lsf squeezed out a great deal Of The
Da,er. and the recoveries from That
,apic have been orderly and non-specula-
tive Physical valuation should, therefore.
have no terrors for any one. Rather
should il be welcomed. inasmuch as an
oncial anrraisement that will amount to
certificate guaranteeing the actual worth
of railroad property should be big as
sst 10 every stockholder.
New-York tribune., 1913-03-25
MISCELLANEOUS
CHICAGO GRAIN AND PROVISIONS.

Chicago. Marcl 2i.-Actiye support was
given wheat 10 day by bull leaders. and this
caused strength throughout the session The
close was hrm. unchanged TO isdhc higher
corn clos.d the day ~ a net advance of "a
40 oats were shade lower To lee higher
and provisions showed gain OF 5nlJc. Range
OF prices:
New-York tribune., 1913-03-25
Value OF Exchange Seats.

The large decrease i'm the value OF stock
Exchanse. seats during the last few
months has brought about questions as to
ne underlying security or value on Which
he price Of seats may bc based. II
ssrs dificult 10 arrive at anything Ike
an APPROXIMATE estimate OF the resources
1.-The Stock Exchange. Association IN ihe
ss1ce Of an official statement. IL rs
k-oy-r however. that tho five trustees OF
me eratuity fund are in possession OF
eoa.idershle assets. but as they have
nsser been called on TO make d report no
attempt has been made TO figure out the
Tsudstjug value OF a Stock Exchange
ssst. a the gratuity fund has been in
crsasinc annually during period OF
many wears. it is supposed 10 he large
The Stock Exchange has several sources
of income in addition 10 the 5000 mem
bersaip fee The earnings Of the Stock
Exchange luncheon club, profits from the
rent Of stock Exchange tickerS, sale oI
quotation and excess Of dues ana otner
assessments help 10 swell the fund ol
wofts over the expenses OF cohductlhs
the exchange. IL will be interesting 10
know lust what the seats are worth IN
view Of the fact that with seats selling
around si0Uo0 either the present purchas-
CTS are securing great big bargains or
few years ago. when seats were more than
double. the price was entirely too high
Xaturally. Ike a club membership, the
value OF seats Is governed chiefly by the
law Of supply and demand and not by 'ne
value Of liquidatng assets.
New-York tribune., 1913-03-25

New Orleans March ei--Cotton iulu,es
closed steady az a net advance OF 10 points, u
,f,er nnoning AZ rise of 10 . points o.
a','r 60 - fs,,rnlated bv weather reports Ihe
market Was dull. but the tone steahS
New-York tribune., 1913-03-25
Break in Rumely.

The slump I'm prices last week caused
general questions regarding the reason for
the declines and whether the bottom had
besn reached Especial attention was
directed 10 Rumely. which had a drop Of
about 70 points Rumely has been under
rressure since a few weeks ago, when II
was announced that an issue OF Slo."".ooo
o. notes was planned. In addition 10 this,
the reported laying of Of 1.eoo men from
the company's farm machinery plant at
Laporte Ind. doubtless had some effect IN
the stock market. The reason for the lay
irg off OF the men Is said 10 he over-eN-
lsnsion oe output. and il is also reported
that the companys sales have not kept
race with the extensive improvements the
cohpany has made; consequently. a cur
isilrnert in output was necessary.
New-York tribune., 1913-03-25
NEVADA QUOTATIONS..


FURNISHED daily hy Weir Bros. q Co. No. :
Broad strect)
March 4. 1913.
New-York tribune., 1913-03-25
SEED PRICES.

Toledo. March 2i-CLOvERsEED. cash
and March. xl2 80; April. Sil 67i. october.
TIMOTHY prime caeh. March and April.
81 rs: May 81 T7is September, 81.
New-York tribune., 1913-03-25
American Light and Traction Company

The report Of the American Light and
Traction Comapny for Fcbruart shows a
gross OF $3.50 76S. as compared with $52i.So5
for February Of 1912 and SS5SgJS FOR Fco-
ruary Of 1911 Net earnings for tho month
were S3s939. against %A.7oe and Ni','5j
for the same months Of 1872 and iHL re-
specuvely Gross earnings for the nrst
two months of 1918 were ;,1o.6-3. as com
pared with S725o27 for the corresponding
period Of 1872 and 500 23i for 1911. Net
earnings for the same months we're ElS.-
III. as against $7o5.Sii and Nn.ajo Tor tn"
corresI onding months Of 1872 and !Hl, 'c-
eueCfiyolN
New-York tribune., 1913-03-25
BR|EF NOTES OF FINANCE.
parauraphs Of Current Interest
for the Investor.

..orization has been given by the
public Service commission to tot the ..ls Rut, IT.,
po,lroad Company TO issue $4,000
is'a eouipmcut trust certificates in pur-
o. 10 - an agreement with the Guaranty
.ua-. .. Company Of New York. to be sold
IT, less than 9r. The proceeds of
az. az securities arc TO be used for the
'''' 80 Of six heavy type freight loco
p|s~ .yas one switching locomotive, one
u'y.i .s,rstion mail and baggago car. two
'Oosa cars. three smoking cars. two
oIoss coaches and one kitchen coach.
New-York tribune., 1913-03-25
Farms and Railways.

For every lol miles of railway main track
,,o there we're l2e miles i'm 1910. accord
% q bulletin Of the Bureau Of Railway
reonomics. Washington. For every lo
...s NJ improved farm land iu le" there
g.. II, acres in 1910; for every i00 acres
s,ro,ed TO crops I'M the former years there
r.-s 10 IN the latte. That is. during the
'.,.ys decade. the latest period for which
oecial statistics arc available, the railway
-,.r, increased at over double the rate Of
,bs agriculture. plant
New-York tribune., 1913-03-25
BALTIMORE STOCKS.
BIZ. Ash

d,urnlshcd hy Middendorf. Williams & co. No.
81 Pine street. New York, and 40 10 last
lt.r.rnr, .trnnt Iulllrnnrf
New-York tribune., 1913-03-25

Furnished by Charles y. Barney 4 Co. No -
Rroad street New York. and No. ~ south
ffh street. Philadelphia
New-York tribune., 1913-03-25
Western Canada Power Company.

AdVicos from Montreal Sta.c That di-
rectors Of tho Western Canada Power
Company have ratified she terms Of the
proposed new financing 90 provide for the
installation Of additional machinery to
meet its increased business. The company
recently received an order FOR iQ,"p horse
power from the British Columbia Elcc-
trio Company. \ new company. 10 bc
known as the Western Canada Public
Utilities Company. has agreed 10 take
over Noclcno par value II rctunding
bonds and 10000 par value Of the
treasury stock Of The Western Canada
Power Company. at prices equal 10 90
per cent Of par for the bonds and 50 per
cent Of par for the stock.