New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-05-06
BRIEF NOTES OF FINANCE.
Paragraphs of Current Interest
for the Investor.


want government deposits II is said that
about $50 applications have been received
by Secretary McAdoo asking for deposits
under the new ruling. and the total sum
OF the individual amounts requested fig
ures up i'm excess of $50 90. The Score
tary will now have the pleasure of pro-
rating the divisions so as 10 make SlO.-
oo6Oi0 supply the aggregate desires.
amounting to more than 100000. \ list
of the places and the banks from which
these requests have come will be inter
esting.
To Help Rural Population.
The Southern Railway Company has en-
larged its field Of operations for the bene-
fit Of the rural population in the South by
appointing seven additional poultry and
dairy experts. who will devote their en-
tire time in the field advising and helping
dairymen and farmers. Headquarters Of
the reorganized dairy division will be re-
moved from Washington TO Atlanta. with
Or. G.. VI. Morgan. dairy agent, i'm charge.
Working under his direction viii be the
following assistant dairy and poultry
agents: +. II. Dcnniss. with headquarters
at Columbus. Miss: C. w. Humphrey,
Birmneham. Ala: G.. \. Hutton. Knox
vile, Tenn; Walter w Fitzpatrick. At
lanta, Ga; G.. T. Rice. Greensboro. y. c.;
Carlton BAH. St Louis. Mo. and j. T..
Quinery. jr.. who will continue to travel
with the dairy instruction car. The ser
vices Of these men. all Of whom have had
IL
oughly conversant with Southern condi-
lions. Will be without cost To dairyrucn.
farmers and all persons interested in
poultry or dairying along the lines of the
Southern Railway. Mobile & Ohio Rail
road, Georgia Southern d Florida Rail
way Virginia & Southwestern Railway
and the Southern Railway, in Mississippi.
People Richer This Year.
There is little more money i'm circu-
lation this year than last year or the
year before. The report from Washing
ton shows that total OF S325i25o.0iS of
all kinds of money was In circulation on
May / this year, compared with S.3}9.S9S.
9l7 ON April this year and $3.50 1858 on
May /. 1872. The circulation per capita on
May I. 1913. was S3i IS. and on May / ia
1912 il was practically the same. I'm 1911
it was So s.; in 1910, $3i A.. ia 1909. Si -;
I'm 1905. S3l o. and I'm 1904 II was 81 % The
fluctuations of the per capita circulation
Of money offer q curious study I'm any at
tempt TO find a responsibility for varying
economic conditions on the increase and
decrease of gold and the money supply.
Selling Stock to Employees.
A growing tendency toward solidifyng
the interests of employees with those OF
the officials is shown by the development
of plans to sell stock 10 the employees Of
various corporations. including railroads.
Several years ago corporations began this
plan Of cooperation. and in such orgdni-
cations as the United states steel Cor
poration. the Illinois Central road and
others il has proved To- be an advantd-
goous move The 500 Line has no"
brought out a plan TO sell to its employees
alotments Of stock. but unlike tine lll-
uois Central and the United States steel
Corporatiou. the price is made practically
the same 10 employees as II is 10 the pub
ic This is not unfair; II Us slmp, uh-
usual. and even on such basis cmpIoyeS
who are given an oppoi tumlF 70 suoscIlo
for the stock of corporation where JUS
future is assured should De willing 10 pay
the ruling price provided the price Us
legitimate and based on earnings ana
dividends.
Exports TO India.
American manufacturers who desire 10
extend their export business 20 British
India are afforded opportunities for en-
gazing I'm India trade through well estab-
Hshed agencies or connections In London.
This is a great advantage. as IL saves the
cxpense Of sending representatives, ON a
very long trip 10 India and arranging TOT
the introduction Of their goods anna CON
5i,io,e not well known 10 themselves, es-