davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
NEW ST. PAUL BONDS
S3O.OO0,OO0 Sold to Kuhn,
Loeb & Co. and City Bank.

Announcement was made yesterday OF
thc salo Of go. GO 600 ~ per cent Geheral
mortgage bonds by tho Chicago. Milw2u-
kec & St. Paul Railway Company 10
q syndicate headed by Kuhn. Loeb. &
90. and the National city Bank. 1his
is the first large railroad bond sale since
February. when tho Baltimore ONO
placed e;7o0o.0O convertibles on the mar
kct.
The bonds will he offered for public
subscription I'm few days at about par
II Is said that applications for participa-
ton I'm the syndicate considerably exceed
tho amount OF the issue. and little diff
Guilty is expected in disposinS OF INC
bonds TO the public. II Is understood
tho syndicate obtained them AZ ~.
The new bonds are legal investments
for savings banks I'm this state ana Mas
sachusetts The effect of the higher yioid
for bonds OF this character was rejected
I'm a decline of more than two points III
ST Paul Is since Tuesday morning ana
on practically all other savings bank
ISSUES Bonds of this class. although
they have declined considerably In the
last year, nave not yet Ie"'"c" wv -
per cent basis at which they must com
pete with this new issue IL Is belieVeu
I'm banking circles that other ROADS 10
do successful financing will have to oiter
as attractive returns as that given on
the new 81. Paul bonds.
No announcement was made us 20 how
the bonds will be used. but 1t is believed
that the extensive Improvement plans OF
the St Paul, including the electrincation
OF 100 miles Of the main line at cost
of IS 10000 and the construction of branch
lines and other new mileage, will re-
ouire the greater portion Of the issue
G. y. Ferry has been elected vice-presi-
dent of the st. Paul and will assume
some Of the duties performed by the late
Roswell Miller He will also continue
20 act as assistant secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
CASH QUOTATIONS.
GENERAL MARKET REPORT.

New York. april p. l'i".
N-WUEAT-Prices were slightly
abroad. where operators took a bearish We"
Of the American government report oHerHlHs
were small. however a hrmer feeling de
yelOped, and prices advanced about L. 4 bushel,
closing a little or from the top. but at a net
gain OF i2Gs.c The fact that prices again
crop adviccs indicated continuation of the
underlying bullish sentiment which has ben
apparent for tho last week. Private reports
from many sections of the West were hlghly
satisfactory. but these had little or no IN .
ilucncc ON sentiment. and traders were inclined
to take tho stand that there was little prob
ability Of anything like present conditions con -
tinuing until harvest. Operators were incllned
10 be cautious about taking risks on the sell
ing side. and operations appeared 10 be based
on tie belief that prices here are about on an
export basis and that Europe VIII continue TO
require roavv importatlons Of foreign wheat.
Cash markets were steady but tho Hour trad"
I'm the Northwest was said 10 be dull. whil'
sales showed a shrinkago Export sales were
reported Of five loads. with rumors of fifteen
loads at Buffalo. opening of navigation. No
rcd winter wheat 81 l2l2 elevator and 81 '
o b afloat: No I Northern Duluth, 81 o3es.
o b afloat CORN-The unsettled weather.
with heavy rairs over the West. caused ap-
urehensiou OF delayed planting, as well as on
Il Continued light movement, and prices al
vanced sharply on actlye covering closing ~ a
net advance Of 7sG1isc. Export corn. 60Stc,
I'm sympathy with corn. Country houses APP
pcared 10 be buying I'm the West, aud there
was little pressure % sell Cash market steady
standard white. s0c. No 3. 30 nc. No g. ~ "a
'9c; natural white. 3sfi0c: white clipped ;'sie
ailc. all track. RYE.Steady' No Western
ing IGqG0c . / Buffalo opening navigation,
fs,tisfg q 1 I New Ork.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

RICE-Fairly active, with prices firm byt
unchanged Screenings. 4n5i4c; ordinary. 4's
afAc; fair 4lsg5c; good ordinary. 6oohc'
prime, 5tn5isc: choice, 5isqJtc, head ia
pan. 4ian5c: Patna. 6sd7c.
SUGAR-No change occurred IN rehned
sugar and prices ranged from &c 10 ZOO for
fine graduated The following prices are
quoted by the American sugar Refining Com
pany: Crystal domnoes, cases 10 cartons.
half or full szo pieces. 1.5GG !. 6cc IN cases
do cases. J-fb cartons. In71Oc IN y cases
Eagle tablets. J.Gjc; cut loaf 5.l5c; crushed
D OJc: mould 4. 4.I0c: cubes. Eagle, 5-ib bags
powdered and Eagle confectioners granulated
Coo: MIX powdered, 400; powdered and
coarse powdered and Eagle coarse granulaieJ.
445c: fruit powdered and Eagle extra fine
graduated. 1850: Eagle, .. 3'9 and . 10 car
tons. fine granulated. 1850: Eagle. 2-ib bass
do 1850: 3ia-ib bags do. 1900; Jvfb bags do.
,55c. 10-ib bags do, 4J0c: d and 20 10 bags
10 and STANDARD Sranulsted, 400; fine grsnu
lated and diamond A, 4.35c: confectioners a.
zoe; crystal domino. granulsted. cases, ., 81
and ) 10 cartons. 4.65a4 =. zoe in y cases; No J.
3I0c; No .. 4o5c; No 3. &c; No 4, 395c; No D.
100: No 8. 3.s5c; No 7. 3.soc; No s, 3.7sc;
3.JJc: Nos 10. II and u, S.ooc. Raw here was
easier. and sales OF 2o,o0o bags Cubas and
Porto Rico for prompt shipment were re
corded AT I-32c for Cubas and $3.50 for
Porto Rico Spot prices were $500 for certri
fugal. 2 soc for muscovado and 2.64c for mo
lasses. In London beet sugar was unchanged
with April at 9s 10isd; May. as 11Ad. and
August los lid. According TO Willett a.
Gray. the movement OF sugar at the four
United states ports for the week follow: Re
ceipts. 97,e90 tons, against 1853 last week
and 1881 last year; MEETINGS, 10000, against
10000 and 10000: total stock, 24s,?35, against
1895 and 20i, 2ls.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

Picked bellies; l4g15Ac: picked hams, 10
dI5hc. TALLOW-Steady; special. Iise;
city. exc: country. "a CSC. LARD-Firm;
Middle West 1105ali.15c: city steady
107.c; refined, South America, 12.35c Cont
nent. II. soc: Brazil. kegs. 1850; compound
firm: sasssc. TEARINE-Steady; oleo. lie;
city lard i2isc.
MOLasSEs AND SYRuPs-steady, with
business moderate. New orleans. centrifugal.
common. l5a 16c: fair, liza zoe: good. 2ip
26c: prime. IS n Sac: New orleans, open
kettle. 500 55c: SYRUPS. common, IL q lie
medium. f4ai1c: fancy. Isa &c
NAVAL sTORES-Spirits turpentine was
slightly lower. although some holders we're
still asking 40. Rosin unchanged: Tar
bbls 43isa44c. TAR, 6a6.5oe. RosIN'
common to good. strained 1850 5.J0c: j.
SOC: d. 5.75c: L. J.15c: r. 5.s0c: o. 5.s5c.
II. J.9oc 7. 5.95c; X. 6.90c; NJ 300; y.
1.50c: w G., zoe and w ", s.lOc.
OILS-Linseed oil unchanged. Refined pc,
troleum steady. PETROLEUM standard
white. bbls. New York and Philadelphia'
Soc: bulk, 4.S0c: cases. l0.S0c; water white.
bbls. eJ0c: bulk. j.s0c: cases 1l.sVc; LIN
SEED OIL. American seed, city raw, 4s@
49c: out-of-town raw, A. "a fsc; Calcutta raw
6Jc
COTTONsEED OIL - Developed further
strength. with renewed buying on the nrn-
ness in lard and continued absence OF pressure
against crude While there considerable
profit tllSing on the advance, prices late In the
day were AZ about the top. closing TO "
points net higher. local contract prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
NEW YORK CURB.

Speculation in the curb market Ncstcr-
day was on a comparatively small scale
with the general tone steady. After mid
day the announcement of the increase in
the capital stock Of the PENNSYLVANIA
Railroad developed a lively speculation
I'm the rights. which were dealt in on an
extensive scale from = 10 ia. Later IN
the day they were transferred TO inc
Stock Exchange. Traders who sold snort
at the beginning covered sharply on inc
upward movement. In other parts of the
list business was virtually at stand
still United Cigar Stores of America on
small dealings moved in range OF about
y point. Anslo-American OIL developed
fair activity with a stronger tone on re-
newed rumors of an increase OF capitah-
Zation. Other oil issues were quiet ana
irregular. American Writing PAPER was
traded in for the first time in long pc
iiod. Tn copper stocks were fractional
~ oetter in sympathy with the improve
mcnt in the metal In bonds trading was
light. St Paul new ii2s being dealt III
for the first time. while Brooklyn Rapid
Transit per cent notes cased OF - ~
the NeVa la group trading was active ana
on "A large scale. and prices showed an
upward tendency. Jim Buter was hcaNl-
~ taken on, and from carly transactions
at 81 0Sls advanced rapidly 10 SIS. AZ
which figure II neld Selling AT 81 03ls at
the opening, Tonoplh Merger moved mp
later TO 81 09Ys, and maintained this ad-
vance. Spectacular buying OF North star
carried this issue from 33c up TO 3Il2c
where il closed. Midway moved steadily
from 5fc TO BIC and closed at 55l2c. Miz-
pah Extension sold AT 12c TO 14c. Tonopah
Extension ut s. 1l-l6 and West End
changed hands at xlas. Sales at s. l-lb
were recorded in Nevada HIS and ~
In Halifax. Belmont sold at 81 i-i6 ana
Tonopah Mining was unchanged at sos
at &c. and Atlanta at l6i2 and l'c. The
market was buOyant at the close.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
STOCKS IN OTHER CITIES.
CHICAGO STOCKS.

Chicago. April Local securities were
firm to-day AMI small volume of trad
ing occurred, for the greater part at ad-
vanccd prices. SearsRoobuck common
lost IT'S early advance and Goodrich COM
non dropped more than a point from the
preceding days level; advances of 10 is
points occurred I'm American Shipbuilding
common ana Peoples Gas shares, both
classes Of American Can, National Bis
cult common and Steel common were
fractionally higher. The unchanged
group included Pneumatic Tool, Illinois
Brick, Chicago Railways Series and
Streets common issues. The bond list
was steady and the principal trading cen
tired around Chicago city Railway -.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
Excessive Criticism.

ono Of the chief targets for writer's ana
sneakers who are opposed TO railroads In
general has been the New York, New
IIavcn g. Hartford and much OF what has
been said against the system possibly has
been warranted. II is doubtful whether
attacks should be so extreme, however, as
the New Haven IS very important sys-
tenn and has numerous stockholders VINO
arc affected by everything that acts ad-
vcreclv on that railroad. 1t is unfortu-
nate that Charles s. Mellen should have
bcen so mdiscreet in his past remarks
regarding the public's rights, II he has
been correctly quoted. as public prejudice
is difficult 10 change and always has a
stone ready 10 throw at the object OF It's
dlspleasure. Irrespective Of former mis-
takes the New Haven has probably
learned a lesson. and IL seems to be time
n Mace reasonable value on its I'm
portauce and to deal fairly with THIS
railroad in estimating it's usefulness, It's
stability and earning power. II is hardy
reasonable to assume that the directors
of the New Haven arc planning 10 bank
r,irt the road, but some Of the critics
would lead the public TO believe this Is
the situation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
Southern California Gas Company
eros. income .........;.soi,i2ses N'ao' 81
Connecticut Power Company.

The Connecticut Power Company whlch
is Offering through Stone 81 Webster 81
10000 per cent first and consolidated
bonds and 81 10000 6 per cent preferred
stock. IS a consolidation Of the Connecti-
cut Power Company. the New London
Gas and Electric Company and the Mid
dletown Electric Light Company. and
does the entiro gas, electric light and
commercial power business In New Lon
don. Conn, serving a population of about
200. and the entire electric lighting ana
commercial power business In Middle
town. Middleaeld, Durham, Portland and
Cromwell Conn. serving a population Of
about IS 400.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

Berlin. April 9.--Thc weekly statement
of the Imperial Bank of Germany shows
creased On 10 COO marks: loans decrea sed
SS. SO 900 marks: discounts decreased 49,,
,ss Ia marks: treasury bills decreased
Is. iAODJ marks: notes in circulation de-
creased 1871, 53l, 900 marks deposits DC,
creased g. 900 marks: soIu on mann
decreased l3.1JaV1 marks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
COUNTRY PRODUCE MARKETS.

New York. April I? 1918.
BEANS AND PEAS-Receipts IS bags
beans. So peas Market firm on choice state
marrow. but quiet IN other varieties. and
prices without change. BEANS, marrow,
choice. 100 10, s. 3olgSj 80: common 10 good,
81 7.a 81 -: medium, choice. s. s0aS3 go: pee.
81 s0Hs3 -: common to good. So JOaS3 10: i'm o.
ported, 81 1Jd s. So; red kidney. choice, 80 1870
s. -; common 70 good, 81 Joq$3 20; white hin
hey. s. ejasj 20: yellow eye, 8; black, $50
CONTINUED on fourteenth page, first column.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
U. s. TREASURY FINANCES.

Washington. April 9.-The condition OF inc
United States Treasury at the beginning OF
business to-day was: Working balance sV'-
s97.o52: in banks and Philippine Treasury
si3.45I.5f4. total OF general FUND s14e'-z"-
3s2: receipts yesterday, s1,7924o2 oisburse
ments SI.9I5515. The surplus TINS nscai
year is sf4 GG5 ID3, as against a deficit OF
SJ7sy 800 last year. The figures for receipts,
dlsbu.eements and surplus and deficit exclude
Pa",|~s Canal and public debt transactions
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

Because of absorption of business at
Basic and Lausanne. the share capital
issue of the Swiss Bankverein has risen
from sl5,ooooo0 10 SIC 10000, while the re-
serve fund increased from N,9oo00 to
$3.50 eco. The total turnover for l9l2
amounted TO so. as, Csc 500, as against 80
74O, 30, 1j9 for 1911.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

state OF New York. County Of New York S.:
], WILLIAM PABSr cashier OF the above
named bank, 10 solemny swear that the
above statement IS true TO tho best OF my
knowledge and belief
WM PABST Cashier
subscribed and sworn 10 before me this 9th
day OF April, 1913.
JOHN II. SAMUELSEN
Corrcct-Attest: Notary public
II. y. DOMINICK
FRANK \. MUNSEY Directors
PERCY : STRAI'S
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
NEW YORK PRICES.
BONDED WHEAT.
INTERIOR RECEIPTS.
sEABOARD CLEARANCEs
FLOUR AND MEAI.-FIol

FLOUR AND MEAL-Flour was Inactive.
with buyers and sellers apart but mills were
nrm. Spring patents. - 50gSi SO: winter
straigh,s. 81 55qsi 60; winter patents. - sou
S. 20. spring clears. 81 l0pst -; extra No
winter, SO 9UGSi 20; extra No . winter. 81 s0H
- 30. Kansas straghts, 81 lJpsi 80; fancy
spring patents. s. 30GS5 50. RYE FLOUR -
Steady: fair 20 good. 50 50f,s3 SO choice. 50 So
MEAIl-Finc white and yellow, 81 3oqsl 30;
coarse 81 25dsi 30. FEED Western spring
bran $50 20: standard middling, $40 -; -four
do $40 80: red dog. SIS city bran. SO bulk,
S2I 80 sacks. middling. s2l J0GS2s; red dog,
$50 OILMEAL->2I J0gS2s
COFFEE-Developmen were largely in
tho form OF an aftermath OF Tuesdays spec
tacular operations. Prices AZ the start were
irregular, and while there selling during
the day. apparently on margin calls, and
a much better character than the selling and
late in the day there was n sharp upturn.
Sentiment was nervous. and operators were
still puzzled, but II appeared TO be the general
opinion that the heavy selling OF Tuesday rep
resented liquidation the part OF disguised
longs and tina; the decline had carried the
market lower than conditions generally tusti-
fed AZ anv rate. there was active covering,
as well as buying by some or the strongest IN
terests I'm the trade. and at the close the mar
ket showed "A net advance OF % 10 ~ points.
sales were 2l2 T50 bags. European markets
were steadier than expected at the start al
though prices were lower and during the day
there was a slight further decline. Havre
CLOSING, AT a net loss OF @.d1L francs, while
Hamburg was &ai pfennig lower According
The Santos market was inactive and nominal.
cost and freight offers from Brazil were ir
regular with Rio IS quoted ri 1910, and
there was a sale reported OF santos as at ll.30.
being quoted at ike. Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

NEUTRALITY-SUSPICIOUS., with active buying
hy Commission houses and shorts. prompted
ny drmness In the hog situation and the
ADVANCE in corn PORK-Steady: mess,
col ia so2 20: family S24 $25: short clear.
sol ~ goo so BEEF-Mess. S19d$o0: family.
Soa a. 29: packet, s2l dS22; extra India
mess xs5as3e DRESSED HOGs-Bacons.
las 1rI3.c: pigs. ifisc CIT MEA'S-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

Twenty tons of ore from the Mann Mine
situated on the west side of Gowganda
Lake arrived at Elk Lake last week 1t
is stated the ore will run about 500
ounces to the ton, or total of 5000
ounces for the shipment II is also re-
ported that another car OF ore will come
from this same property about the end Of
June. This Is the first shipment from the
Mann Mine this season. and the second in
tho history of the mine.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
CURB ECHOES.

"heh IL was announced that the Penn
syivania Railroad would issue A5,OcoOW
OF new stock, brokers on the curb imme-
olately got busy dealing in rights. but
thelr haste meant a loss to some OF them
VINO dld not take the time 10 figure out
the value of the rights. The first sale was
made at 3 and ON sales of about 1000
rose TO 1h, and traders who sold short at
the beginning covered sharply on the up
ward movement.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
SECURITIES AT AUCTION.

The following securities, We're sold yes
,ordav ar auction at the Exchange sales
,oor, nv Adrian II. Muller q Son:
= -, pant of the Metropolis. ..........3lO
80 si,e n' S,i"nd cities Real Estate Company .
per c9ni gold bonds due April l. l9liSlo.oo0
ireo 'is"' SIG
You York Law Institute. ....:........ $50
N New York Real Estate Association %
l>ah' ',,,,co1 10 per cent. .......-.... AS
-, su i,, Central Railroad Con-. o.. 1901.
ico S'f Silver saaaTS Mines co. 100 Mine Sc
,o SuI Wsg.s GoF RRaIroSd common;
10 Wa i,nis,o', 81 Louis a. Pittsburgh Rail
Si,oo" ,rst consolidated mortgage per
cent bond due 'a T4ast 90. ana '"
20 queens .cohacco 90. preferred. .:........JA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
ITEMS OF WALL STREET

Transactions for foreign account yester-
day on the stock Exchange were about
fifteen thousand shares. with buying Of
Erie the feature.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
BOND DOTS.

Il. H. Rumsey. Township Clerk OF North
Fairfield. Fairfield Township, Huron Couh-
ty, Ohio. will receive proposals until noon
on April Is for $4,000 per cent coupon
road Improvement bonds. denomination
500. dated April /. 1913. and due October l.
1926
\ syndicate composed OF j. 5. K W. =
Kuhn. Inc. First-Second National BANK
Of Pittsburgh and the Pittsburgh BANK
for Savings were awarded on April inc
81, $1,000 Allegheny County, Penn IA per
cent bonds.
II is reported that Meadvllle, CRAWFORD
County. Penn, will hold an election III
the near future to decide on the Issuance
OF 10000 street, sewer and paving Donds'
Stone & Webster, Of New York, are OF
fcrlng 10 investors the $4,000 connecti-
CIT Power Company first and consolidated
mortgage 3 per cent sinking fund so'u
bonds denomination $1,000 and $500 dase1
April /, 1913, and due April ], 1865 frice
% and interest TO yield about ga per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

/. W. NoolWofh Company quarterly OF p
pcr cent on the common stock an increase Of
D por cent quarterly. payable June !
United Railways and Electric Company.
semi annual of per cont. ltyablc April 10 10
stock of record April H. This Is an increase
Of ia per cent ana establishes the stock on a
per cent basis.
Pacific Coast Company. regular quarterly Of
~ per cent on the first preferred. and l y per
cent on the second preferred and common
stocks. PAYABLE MAY l.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
BALTIMORE STOCKS.

FURNISHED by Middendorf. Williams & Co. No.
81 Pine street, New York, ana NO. l23 East
German street, BaltiDore)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
NEVADA QUOTATIONS.
TONOPAuG-

FURNISHED daily by Weir Bros. Co, No. 2
Broad street)
April :, 1919.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
PUBLIC UTILITY NOTES.

Announcement IS made by the San Joa-
ouin Light and Power Company that tho
dividends on its preferred stock VIII here
after be paid on the 18th Of April, july
October and January, instead OF on tho
first Of these months. The change was
made in order 10 distribute tho Work IN
tbe office. as an unusual amount Of labor
comes on the first of each month.
Proposed New Development
Tho report that the Great Northern
would spend $l0,ooo,oo0 in the construction
OF a water power plant at Chelan Fails,
Wash, was mimmized by officials In this
civ. who state that 100000 would DC
nearer tho cost OF the new project IL
"a said that numerous small communities
in that vicinity are in need Of electric
power. and that the Great Northern could
ana a ready market for power that may
be generated.
Southern California Gas Company
The Southern California Gas Company
reports a largo increase in both gross and
NOT for February. The statement for tho
month is as follows:
1912. 1918.
eros. income ............s51,i2 S 90 S1s,3a 81
Operating expenses. main -,o
tenanco and ta1es...... 27'e5o % Wis %
v.,,,.oro. 500. 2e3 o. s34I29 10
r..e .''o Sa,o,, ~ 54f O3 16. 800 "a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10
Real Estate Securities.

Tho question of real estate mortgages
as investments is attracting attention in
a larger sense than in other years. owing
to the growing national consideration of
farm loans and the development Of loans
ON city property. 5. j. II. Straus. vice
president Of The mortgage and bond bank
Ing house of $. W. Straus < Co, OF New
York and Chicago. on Tuesday commented
on the outlook regarding real estate securi-
ties: Tho business from the investors,
who are not looking for a speculative rise.
continues promising. The months Of con-
slant depreciation in the so-called high
grade, standard securities have caused the
investor to turn his attention 10 other
issues. A return of AZ 10 5 per cent and
the possibility OF depreciation OF rrin-
cpal value have caused many TO turn
10 non-speculative securities. The moro
stable values, such as real estate securi-
ties, are being readily sought for. The
mass of people, who, after all. instead OF
the class OF people. should be the real
security buyers, are looking for a higher
rate with safety and without speculation.
This js 10 he found. of course, iii real
estate securities in the large cities OF the
United States, and notably In the West
crn states
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

The directors of the New York Life In
surancc Company were reelected at the
meeting held YESTERDAY TO serve. two
years. John Clann heads the board rs
senior member. having served continuous
~ since 1885. other prominent members
include Cornelius y. Bliss, jr., John II.
Finley. David r. Francis. \. Barton Hep
burn. John G. Mnburn and oscar 5.
Straus
March sales Of the +. W. WoolwoTth
Company amounted 10 100, an in
crease of t922SSO over March, 1912. Sales
for the three months Of this year amount
cd 10 Sl2. 935, 30, an increase of Sill, $50.
-. NJ Goodrich has been elected "a di-
rector Of the Il. T. Goodrich Company,
succeeding w. Il. Miller. resigned.
The Curb Association has announced
the suspension Of Goldsmith, swan & Co.,
members of tho association. on account Of
inability TO meet contracts.
rho Stock Exchange has admitted to
list the following securities: Tho Detroit
Edison Company, $4,000 capital stock.
par value 500: the State OF New York.
81. 500 900 per cent bonds. due 1912, and
the Atlantic Coast IAnc. s966I,ooo unified
mortgage 5O-ycar per cent gold bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-10

t3ia various maturities. 1e99-l9i. A50giSO basis
Coupons interchangeable tRegstded. tCou-
pons sRegstcred and coupon.