New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-21
BRIEF NOTES OF FINANCE.
Paragraphs Of Current Interest
for the Investor.

pcforms may come and reforms may
h.t the rumor specialist will get in
roiut occasionally, irrespective of the
ma committee or legislative threats.
,,s,crdav the stock market was given a
.bsrp advance on rumor that the SUI
80 Court had rendered a decision
t,,.orar,e to the railroads in the Mime
=, RAT. case. The rumOr was unbound
i and the market reacted.
q,',. ,,lau suggested as a solution Of the
,..,.,-colthcrn Pacific merger dissolr-
,t,r which involves the transfer of con
,l ,f tba Central Pacific line, is meet
49,. with firm opposition in California The
-,.,.,ers of that state, IT is said. are
...,,..se5 IN having control Of the Central
p,,,ar ulrucd over to Eastern fnanciers
and taking away the interest now centred
a., ,ba Western coast for Strengthening
,sIr,ad property one thousand miles
49,, The Central Pacific. about the fist
~. t,. trauscontinental railroads from its
i,.ortion 10 the period of operation, was
-, california undertaking. 1t is claimed
in california that If the Union Pacific
,,oo,le really desire to build up the coaS:
territory they should work north to Port
land and Seattle. THE San Francisco
Chronicle in q paragraph. says.
THE entrance Of a new road into Cali
fornia. even the strengthening of the Union
Pacific by a traffic arrangement with the
western Pacific at ogden. might be wei
coined by Californians but the turning
over of the control Of a large part Of tHc
railroad sytem i'm the central part of tte
state TO interests foreign to the state and
It's ambitions is not likely to be received
with approval"
Living Cost in Canada.
The cost of living is increasing in Can
ada. according to the index number ot
wholesale prices as compiled by the De-
nartment Of Labor at Ottawa. During De-
cembcr. 1912. prices rose slightly, standing
at 1852 as compared with 1913 I'm No
vember. 1912. and 1894 in December, ,9ll.
There was a slight advance IN commodi-
ties. the only decline Of Importance being
in grains and folders.
Colorado & Utah in 1912.
The annual review number of The
Railroad Red Book" contains articles on
the 1912 progress of Colorado and Utah,
contributed by Governor Ammons Of Col
orado and Governor Spry of Utah. c. }.
Blanchard, statiStcian Of the United
States Reclamation Service. has written an
article on irrigation projects and the pres
idents Of the Colorado and Utah agricul;-
ural colleges have made contributions on
the agricultural resources Of the Rocky
Mountain region. Manufacturing leads in
the value Of the principal products of Coz
orado. the figures given being Sli5, 52i,62l;
the second is agriculture. with $79,So5.j:2;
the third mining. with S69.l3s,7lo and the
- last livestock, with S432lc00.
Silver Metal Speculation.
Silver has joined the ranks OF other
metals I'm taking to the speculative field.
The confident hope that British india
would again enter the market for the
purchase Of silver as a governmental poi-
les and thc fact that India is looked upon
as a permanent customer of silver have
kept the price of that metal at - pence
for some time. Three years ago silver
was quoted at p pence This advance is
,ne of the most remarkable Instances or
recovery in a commodity which figures
mostly as metal and secOndariy a.
money II midas harvest this year proves
10 to as good as those Of the two preced-
ing years there seems little doubt OF the
continuance of a demand for silver from
that country. one OF China's biz problems
tesides currency reform Is to create cred
Z. institutions, by which the popular saw
incs can be made available for internal
developments. From this point Of vie"
the prospect of silver appears rather
hopeful