New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-05-10
Paragraphs of Current Interest
for the Investor.

Now that the tariff issue has been set
tied in one branch of Congress. that Gov
ernor sulzer has seen the error OF his
ways and will have the Frawley bill re-
pealed and that Secretary Bryan has re-
turned from his little junketins trip TO
California. the stock markets can be
given a few jabss by agitating a little
trouble with Japan over the anti-alien
land bill passed by the California Lesis-
lature. There's always trouble "a-brew-
in"
London Stock Exchange Holiday.
To-day is a holiday on the London
Stock Exchaee, but it is not a legal one.
merely taken at the pleasure Of the eX-
change i'm view of Monday. May l.. being
Whit Monday and a statutory bank holi-
day under the Lubbock act All banks
and exchanges in England and Wales
are closed for the day.
Increase Price Of Paper Bags.
The improved condition Of the paper
bag market is reflected in the increased
price on this product Of 3 per cent I'm
all grades made 10y the Union Bag ana
Paper Company yesterday. the second
advance this year the first taking effect
in February Manufacturers report a
better condition than for some time and
the opening of the spring season, which
Is usually a good buying period, found
the stocks in a rather depleted condition.
The companies which do not manufact-
ure their own sulphite, from which paper
bags are manufactured. have found II
necessary to make additional advances
In the price Of bags. as the price OF sui
phlte is holding firm at present
Brill Company Earnings.
Steel companies do not stand alone in
the amount Of future business booked
as IT is reported that the J. G.. Brill
COMPANY. the largest builders OF cleo
trio street railway cars and trucks in
the world. mas close 10 10000 worth Of
business booked for future delivery. This
company. which owns Ave plants, has
been operating with the largest output IN
its history ever since last fall. The re-
port OF the company for the year ended
December 81, 1912. shows that the com
pany did a gross business Of s1Sl209l. an
Increase OF Sl9720S3 over the previous
year. or more than o per cent. Net
profits for the year were N,O-4'5l as
against s55l.sso in 1911. and s326.ci2 in
1910 an increase Of tie9. 81. or about %
per cent over 1911. and SOS 6l9. or 223 per
cent. over 1910 The balance for the So
OF. 600 common stock last year after de-
Quoting the preferred dividend was equal
10 1916 per cent. as compared with only
IS per cent I'm the preceding year.
Hungarian Shoe Industry.
The importation Of foreign made shoes
into Hungary has been gradually in
creasing according 20 consular reports
and until that country IS capable Of pro
duclng more shoes and OF quality cal
cuated for tho better class Of buyers
this tendency is likely To prevail Tie
imported shoes arc stated CO. the returns
Of the Hungarian Statistical once 10
have amounted in 1911 10 t.24.o12 OF this
amount Austria supplied S-,75o.302. Ger
many Sl91 .s9l. the United States Sl7l.c5
and England ,7s.59o. The total value Of
the imports was about s. oo.0o0 in 1912
S5.GlSIg3 in 1910. $5.o0i.Ol7 I'm 1870 and 81
1890 In 1905.
These figures arc misleading FOR the
reason that shoes coming from Vienna.
Berlin or London. where the general
agents Of American and other manufact-
urers reside, appear IN the statistics as
Austrian German. etc. imports. Tn the
opinion OF business men. the value Of
American made shoes sold In Hungary
in 1912 must have been very nearly $50
900. most Of them coming from the dis
tributlng houses IN various parts Of Eu-
rope.