davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
Balkans Troubling Europe.

Very little is heard in the financial as
trict OF the Balkan situation when the
DISCUSSION turns on conditions In the for-
sgn security markets. The disposition Is
70 regard all the trouble abroad as IN
sone way due to the effort being MADE Dy
The French banks to accumulate reserves
n snt,cipation OF the floating OF the gov
snment loan. But. as matter OF facI
Europe itself is taking the Balkan de-
v.lopments very seriously. The Foreign
hanciai reviews are continually limiting
It the possibility OF another disagreement
!, uong the great powers over Albania the
asiakes OF the new King, IT is believed
arng reopened the whole question OF re-
pecting its integrity as a state more
,er. Russia's withdrawal OF her Foreign
lances and her incessant maneuVring
, troops have excited considerable appre-
snkon-not less. !n fact, than that which
evalled last year about this time. when
" treaty Of peace had no sooner been
Ggned Il ar rev hostilities broke out
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
Traders Find Way to Turn
an Easy Penny, Even in
a Dull Market.
STERLING EXCHANGE
GIVES OPPORTUNITY
Failure of st. Paul Bonds to Go
Off Quickly a DiSappoint-
ment to the Street.

Not every day is a barren day for Wall
Street traders merely because the stock
market suffers from uncomfortable Ian
r,,or: and some OF them have Just been
proying Il. When they read that the Bal
,lrore & Ohio and the Southern Pacific
we're redeeming their note issues three
weeks before they were due they imme-
Sately began 20 look about for the rea-
can. Some OF them discovered il for
themselves and others found II through
tYpling the announcements made by the
roads with statement by a leading
.breign exchange expert that there was a
pront Of cents in the pound sterling. or
about 81 a note, for the noteholders who
SAINT their securities 70 London 10 be re-
deemed instead OF waiting to present them
AZ maturity here. But good many per-
sons. presumably ignorant OF the work
urs OF foreign exchange. have jumped at
IN. chance OF getting their money two or
three weeks before IL was due. At the
Baltimore & Ohio offices yesterday con-
s,6ersbly more than 100000 worth were
prssented for redemption, and similar
amount 10 understood 20 have been re-
oetved at the Southern Pacific Offices
which is to say these noteholders. in each
Instance, have given UP possible profit
OF more than 81 100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
TRADING in THE
CURB SECURITIES
Business Slightly Better, but
Prices Weaken, Especially
Among Oil Shares.

Trading in the curb securities yesterday
showed a slight improvement in activity,
although prices generally developed a
weakening tendency. particularly among
the oils. Standard OF Indiana declined IL
points South Penn Oil. 8; Standard OF
New Jersey, 6; Continental Oil and
Vacuum OIL each 3, and Standard Of New
York and OF Kentucky and Prairie OIL
and Gas each 2.
Fluctuations In the industrial list were
of less importance. Riker q Hegeman
was strong in the early morning, but re-
acted later and closed unchanged. Ma
tional Cloak and Suit preferred made a
small advance. while United Profit Shar-
Ing Corporation showed a fractional loss.
Mining shares were weak, aside from
Canadian Gold Silver. which advanced /
point on active trading McKinley-Dar-
ragh receded points. West End Con-
solidated 2 and Tonopah Merger 1 point.
Virginia Carolina Chemical Is improving
point.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
Sterling Rate. Up for eood7

Many Of the Baltimore & OHIO and
Southern Pacific notes Will be presented
IN London for payment because, on &C
count OF high exchange rates, more VIII
be paid for them there than here. This
means. as Max May. Of tho Guaranty
Trust Company. pointed out yesterday
that the railroads concerned VIII have 10
buy large amounts OF exchange as they
have been buying It right along. That
helps to keep sterling rates high, and the
experts expect them TO stay around the
gold export point until the first OF july
at least When they will decline there H.
OF course, no saying. Mr.. Mays sugges-
ton that possibly they may remain per-
manently high because OF economic and
political conditions caused no parucu-
larly happy feelings around the Street
yesterday. The theory that they are up
for good is based apparently on the idea
that the tariff will continue to stimulate
imports and the international credit bal
ace OF the United States Will pass out OF
the realm Of actualities into that Of ira
6iton.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
PRICE MOVEMENT
in COMMODITIES
Wheat at New Low Levels
Corn, Oats and Coffee
Also Decline.

6wamped by pressure OF offerings OF
new wheat, the local market yesterday
continued its downward course, the weak
ness being aided by predictions OF large
worlds shipments and favorable foreign
weather reports. There seemed to be
nothing in sight to give encouragement to
the bulls except the fact that the market
is rapidly approaching an ovcrsold condl-
ton. The close was at %1lc net loss. a
new low record for the movement. Prom
Use OF heavy Argentine shipments, with
more than 10000 bushels reported sold TO
Texas points, caused a break in the local
corn market which left last prices 1AG13tc
under tho close OF Wednesday. Oats fol-
lowed the other grains and declined
hQ%c.
There was little enthusiasm on either
side of the coffee market yesterday, q
small advance being little more than
wiped out in a late decline. There were
private cables from Brazil saying that the
new crop is believed to be larger than
last years, but that general conditions
show an Improvement.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
WHEAT GOES STILL LOWER
New Low Records for. the Sea
son in Chicago Market.

Chicago, June 1l.-Aggressive selling to-
day on hattering news Of the harvest
broke the price of wheat The market
closed heavy, 4Q1c under last night
Corn finished %41c down. oats off l2qAc
and provisions unchanged to l712c higher
Millions of bushels thrown on the market
chiefly by short sellers, kent wheat under
pressure throughout the day and rendered
any important rally impossible. There
was no bullish development to offset the
big harvest. New low price records for
the season have nearly become daily
occurrence in the wheat pit. Business
had not been in progress more than few
moments this morning when the previous
downward limits OH the crop were
smashed. and the incident was taken as
almost matter Of course. Range Of
prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
PROFITS ON NOTES
PAYABLE In LONDON
Brokers Buy Railroad Issues
and Sell Sterling Exchange
Against Them.

The high level OF foreign exchange
quotations. which is hurrying gold out OF
this country at the rate OF millions OF dol
lars a week. has proved an unexpected
source OF profit to some alert brokers,
largely at the expense OF the Southern Pa
cifc and Baltimore & Ohio railroad COM
panes.
Yesterday the Baltimore & Ohio An
nounced that It would redeem at any
time notes OF the $50 ,00o, 600 issue matur-
ing July l, paying for them the full face
value and interest up to that date. That
is. the holder OF a note, surrendering II
for redemption, will get exactly the same
amount in money now that he would have
got II he had held It until its maturity,
nineteen days from now. The redemption
now means r profit to the noteholder OF
/ interest on the principal OF tho note for
nineteen days. Last week the Southern
Pacific made a similar announcement
| with respect TO its SO, 900, 900 OF notes
maturing on June 10.
/ The reason for these announcements
/ lies in provision OF the agreement made
/ by each company a year ago that II would
/ pay the notes of at maturity in London
/ If the holder so desired, and at the rate OF
81 S6l2 the pound sterling; likewise in the
high level OF sterling exchange. With
exchange ruling more than 2 cents the
pound sterling higher than "a s6ls, both
companies were confronted with the
prospect OF paying Just that much moro
/ for the credits in London they had to
establish TO meet the notes than they ex-
pected. They had promised to pay at the
rate Of 81 S515 the pound sterling, which is
f2O554 for each $1,000 bond. To get that
/ sum credited to them in London, how
ever. they would have to pay. with ex-
/ change at 1851, not the 5000 they count
ed upon, but s1,0o4 oS. Noteholders, then.
4 IL they chose TO send their notes for re-
! demption to London instead OF having
/ them paid off here would have got 81 Us
more for a 81, 0Oo note than It's face value,
| ignoring commissions.
II all the noteholders Of both roads had
chosen TO have their notes redeemed in
London 1t would have cost the roads
$50 900 each more than they would have
had to pay II all were redeemed in New
York In order TO prevent that possibility
the companies have called in the notes in
advance Of maturity. preferring to lose
the extra two or three weeks use Of the
money than TO pay so dearly for ex-
change The loss OF interest through
thus anticipating the maturity will be
several thousand dollars for each road,
but II Will at least be less than the $4,000
loss each they might otherwise have
sustained II all the notes were redeemed
in London.
Brokers who understand tho situation
have bought in all the notes Of both COM
panies they could lay their hands on and
are sending them to London, selling ex-
change against them meanwhile. They
are selling a credit in London. in other
words, for approximately 5000 that they
have had to pay only 81 900 for
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
FOR NOR. PAC. MORTGAGE
Stockholders Desire Detailed
Information.

A special meeting OF Northern Pacific
stockholders was held at the Offices Of tho
company in the Mutual Life Building yes
terday, in which the creation OF an addi-
tional mortgage on the property was ap-
proved. There were eighteen stockhold-
ers present out OF total OF approx
natelv 1900. and Colonel William p.
Clough, chairman Of the board, who pre-
sided. was asked for detailed information
on the nature and amount Of the proposed
mortgage.
Herbert wellington, a holder of ten
shares of stock, introduced an amendment
10 the resolution asking the stockholders
approval of the new financing plan, pro-
yiding that directors first ascertain ana
determine the size OF the mortgage, and
then report back to the stockholders' Inc
amendment was lost by vote OF 1,4sS'OV
shares to 5SS The one woman stocKhoider
present voted for tho amendment.
There was no particular opposition 70
the creation Of a new mortgage, and when
Wellington's amendment was lost Milton
II. Yale, who seconded IT, jocosey re-
marked: 1--WE didn't expect to 90 any
good. but we thought we would give the
directors notice that they were Deihs
watched"
In answer TO the many inquiries as &c
the size Of the new mortgage Chairman
Clough said that this would be determined
by the directors In the near future'
Crawford Livingstone. one OF the largest
stockholders, although he voted In iaVor
OF the proposed financing plan, announces
that his sympathies were with the stoch'
holders who sought further information
Yesterdays meeting was understood 10 DC
the most largely attended in the history
of the company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
COTTON ACTIVE
AND HIGHER
Foreign Strength and Unfavor-
able Crop Reports Keep the
Market Strong.

The cotton market was more active yes
terday. and prices wers higher on the
strength in Liverpool and rather more,
serious apprehensions Of unfavorable crop
progress in the Eastern belt. owing TO
the continued dry weather and extremely
high temperatures reported from many
sections. December contracts here sold
up to 12s4c, or 10 points above the closing
price OF Wednesday and "a points above
the low level OF last Monday. Closing
prices were or points of from the best
under realizing, and local selling promoted
by private reports Of good showers IN
Georgia, but the final tone was steady at
a net advance OF from to 10 points.
Southern spot markets were unchanged.
but the local market, while quiet adj
vanced points to 1370c for middling up
lands. Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
ST. Paul's Bend Sale.

In the absence OF any definite state
ments concerning the sale OF the SOcco,oeo
OF St Paul bonds, which the railroad
forebore to have underwritten, 1t was as
Urned in the Street yesterday that it was
no signal success. AS long ago as last
saturday. however, It was reported that
something over half the bonds had been
sold Nevertheless, II seems plain NO"
that an announcement Of the success OF
the sale is not TO be looked for as
stimulus for the stock and bond markets.
Yesterdays decline in ST. Paul stock was
sscribed directly 10 disappointment over
the failure Of the sale to be spectacular.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
IrreducibIe Minimum.

There is at least one frequenter OF the
financial district who thinks more OF him
self than any one else does. He is well
known and equally disliked in a number
OF important banks and trust companies.
Recently he called the president Of one of
the largest trust companies on the teIe-
Enthusiastically. one OF the busiest
men in the city. Don't you know who
this IA ." he asked, coyly. This is no less
a person than 3D." POOH! SAID
the banker: there Is no less a person than
A. B." ana hung up the receiver.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
TIE METAL MARKETS.

CoppER-Ths local street market Tor
49, vas steady. with eiectrolytio quoted
iSH S14c and casting 1st @isSe; stand.
ara pppt,b spot, June July and August
a o,ss Is.45aiseoc, In London copper
Closed quiet at iei lis Ga for spot and ~
los sY ,er but quiet. At s1as1.2se for
ana Juue and July; August. 31.10 %
s ~ zoe. september. 3i.25 9si.e2iie. and DC,
,'"r al 55ef3I re In London tin closed
ou,et At fIsi for spot and fi42 lis Cd Tor
'LEAD-ouiet; New York spot. ss'ssssc.
and East 81 Louis 3.15a3s5e. In LONDON
Issa closed at 40 los "a.
PELTER-Quiet; New York SPOT. 800
n 15e- and East st Louis. 4eoaeo. In
London spslteI closed At t2i - "a 80 n r.,
a,n i,ocaI iron market quiet a. sit Jog
Sibss for No 1 Northern and no ! seu,h.
:rs. ana sii soesis fsr ~ . Northern ana
Ne q Southern
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
LIVESTOCK MARKETS.
New York, June II, 1914

New York, June II, 1914
REEVES.
Receipts, 1881 head, including nvs ears icr
me bee, slow. at i?aiic per ID for ord'-
nary TO choice city dressed native s'os'' nv
exports.
ReceIp,,. e1s head in tho msrketj fssiins
steady Common to prime veals sold a. " syo
sii 30 per 100 ID; culls. sqs; city dressea Iesss
i5ai7lac per Id; country dressed vea,s' a.,
age. si1 50 per 100 h. Y; Id, 81 y NirS h,o
veal. 40 ID, $40 30: l. ~ h. slg 70; ~ on'''
ies ID. $40 %; 2 Ohio calves: goo ID ~ "a
S Judd & Co.. 80 veals. lsl 10, vi oo' o. i''
III 81 90. grasser, 100 ID, Us. a.
Newton & Co: 10 veals, 1tt ID, 81 20; Il ~
ID, 50; 1903 Ohio yeals. lSs 10. No's; o"''
ea ksaS, ~ Commission aGi Cot v..l. iS b. ;
eq Msp 5se 80; Co.. Yves, virginia v'ss. 30
To- I'll ~ SHEEP AND LAMBS.
Pscs,nts 7.sl2 head; n cars on sale rrime
handy sheep firm to &c higher. other. 't nr,m:
lambs active an: and strong T., sosss 0 per 10 y,
cnlIs' 81 5oita; lambs. sSa$s IS; 6ulk OF ss IN
90 e.. dressed mutton firm, at rsal2c per '''
dressed, 16gl9c. .,- y. ,.mbs,-
g u !. a Is g .. IS ssri H. l'G 's g
g. "a " ts y ca In 10 eu vi lis 10. s.
,ss a. H. 50 IS; sfs. IS ID, SIS; sss. 81 TO- NJ
2ss. IS b. 50 s.; 2ss Ky q D. v - II s 10 ID.
&, Y ;sssP: IL IL B. |: e. - ~
s. 50; 10 Ny, q h. s. 2'i va sm eu a d. 3 s.;
,,s S1 wv "a III 81 S. il2 IS H. sssS az - ~
- SCI S. los 81 ID, 50 IS; 10 q ID 81 te ss.eo
II. 10 20: yesriinss. % ID. "; - Va 'neep'
IS Si +; :; ~ CO. D. u :.
"a ~ Me- sSs.p % rs IS u. s; Va la b. s.
''N ~ HOGS.
Receipts. 1s4s: none on sale see"hs "'"'
nally steady, lam. 1f-HoGs-R.esip,s.. 10
oo Shi s,4sns 'S bulk Of sales light
sGsssssis ,a %,5sds 81 i5s ss g. p Pig. 50 50
8 a's ecATrfE .sc ~ a s. r ~
Sesves. 50; s ssass 90 Cows cows ana
ssfHnE sFn $4,000; steady; , :sssp.
s. sSg.ssss :sD ssS,I.ss;7 aS 8 ssS w.
50 sog asai 90 June sn iiEHoGs.Rscslp,s 800
a ars butchers. ssgss IS; good heavy ssoo9
ssio cAT rII.E, s. segss; cows and Sslt
srs 81 25 a so; stockers and fesdssss % s' cow.
Tssas and Indians steers. s. I3QNzo, e sSss
s sna .s sHEEpSRseelpss. $500: ' ,.s.
s sass spring lambs. S. 50 s2c;sn.e,,o,.
a 5 Ssa' higher; bulk. s. sSs,s 10: se ssS
81 pig. .,::sy g p ,ss. "a "a
steers. IS eoqss; dressed beef ~S &c., ~
:,Gss r s.s t g e 80 ss sEE ~
Receipts. 5000 lower: lambs ssssss s 90:
sss.. s. asSsS; s,ock.rs and feeders. % 50
SFs.t Buffalo. June ii.--cATrLE-Rs-
es,p.s vs. :V sctiSs and strong; ssosii. HOGS
Receipts. $500; active and steady % 20
higher: heavy sns a. mixed, n,s sstsSSgssssss:
ics.s. 81 :: ss sIs ss ,.. s.l!
les. Sc 2Sess 20. Csnadss. esSoets IS.
sHEEP--RsesIpss. 400; active: yesrlinIa
ss yea iseH soj wsthsfa. S6i
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
CASH QUOTATIONS.
GENERAL MARKET REPORT.
New York. June II. 1914.
GRAIN.

wHEAT-Under a pressure OF new wheat
offerings and renewed liquidation the market
sustained further losses to-day, and closed
rather weak at %dlc net decline. While some
complaint has been heard OF excessive rains
in the Northwest, most Of the private advices
from there have indicated no reduction IN
crop prospects Foreign markets were with
out feature Liverpool closing hahd lower,
Berlin 1saAc lower and Antwerp partly 70
net higher. Cash wheat shared the weakness
in futures, and closed as follows; No hard
winter, 81 / ( New York; new No red,
s2Lc July shipment, (; No Northern
Duluth 81 o. and No 1 Northern Manitoba,
81 oiil. b anoat. CoRN-The feature in
corn was a break OF lc bushel following
unexpected weakness at Buenos AyTes, where
opening prices were 1hQi%c under the previous
night Weather reports brought In considerably
selling pressure during the afternoon. No 2
yellow corn was quoted SIC prompt
oATs-Were easier closing hassc net lower
Cash oats dull. Standard white. 46l7q4Ic: NO
2. 47a47I1c: No Q. 4sa46i1c; No g. i5lanioc;
ordinary clipped. 4eg4sc; fancy clipped. T1p
4sItc all elevator. RYE-Easy; No western
PIE New York export. BARLEY
Steady; mailing. 63d7Oc. Buffalo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
COTTONsEED OIL.

Influenced by the warmer weather. there was
a rooa withdrawal OF refined. and prices were
Unchanged al 4 200 for fine GRADUATED. Raw
was very Arm, and while spot quotations re-
mained unchanged holders In most cases were
askIne higher prices: no sales we're reported
on The spot. although speculstors bought some
"a COO hags OF cuba centrifugal for August
shipment at ls-s2c, equal to at2e. spot prices
and .g.iso FOR Cuba, cost and freight. In
London beet sugar was steady. with June
quoted ~ "a; July. o. ~ ana A aug g. "A a
iiAd. with the curb ~ ~ %. M "a sha ,,.. 49,
~ SSSe ~ tens against afpo,eoe last vsss-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
NEW YORK PRICES.
FLOUR AND MEAL

Further weakness in wheat had q dspres.-
ing effect on -four and checked demand ex-
cept wher. sellers were willing % name con-
ss:sSRs sgTssg P g. Winter patents 10
81 So spring clears 81 l6a.t % o., extra st No
straights, 81 25QH s.; fancy spring patents
s. IOdsS RYE FLOUR-Quiet. Fair TO good
90 S5efs3 50: choice TO fancy, 50 65qfS a.; C0RN-
MEAL-stesdy. Kiln dried. So IS. BAG MEAL
Fine white and yellow, 81 6og$l IS: coarse
81 45f7s1 So FEED-Western easy; bran TO ar
rive 100 ID sacks. s24; standard middling. S26;
-four do SIS rs; red dog. $50, lake and rsll: city
steady: bulk, SIS; sacks, s26 50; middling, s2'g
$50; red dog. sci; oilmeal. S324S32 30.
Steady European cables failed to inspire
much buying at the opening. and after start
ing at an advance OF TO points, prices eased
on with the close showing a net loss of from
/ 10 9 points. Snie.. 20. 800 bags. Havre eased
of, closing net unchanged TO Y franc lower.
although Hamburg was well maintained and
closed at a net advance Of TO "a pig. Cost
and freight offers from Brazil were irregular
and lower on some grades although on the
average, the market seemed 10 be about un-
changed TO a shade higher. Spot market quiet
on the basis OF $40 for Rio No T. Local con-
tract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
Mental Mourning.

Congress-" said q broker yesterday
when he found his novel boring him, mas
still big programme ahead Of 1t. When
Il gets through amending the law OF sup
ply and demand it is going to pass the
D.cslogue again, with a special provision
sr.mpting labor unions and farmers as
soeiations"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
BANK OF ENGLAND RETURN.

London. June 1.-THE weekly return Hlril ol
the Bank OF England shows the Ioiowd
ing changes-Total reserve, inc re- ss,.
e. ,2420OO circulation. decreased fLsS,V ,v,
bullion. Increased f94S, 1885, other securl'
ties. decreased f2.7ls.050: other deposlts'
decreased f6Ss 600 public deposits, ae S
creased f5iS,00O; notes reserve, increase Sc.
fl,271 900; government securities UNI
changed. ..
THE proportion Of the banks reserve 70
liability this week 10 4b.1 per cent
against l2H last week.
Grhs rate NJ discount remains per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
PROVISIONS.

The frmnsss Of hogs and commission house
buying gave q higher opening. With the
break In corn q realizing movement dsvel-
oped. and the market closed easy in tone.
PORK-steady: mess. s22 23qs22 rs: family,
s22as25; short clear. SID o0nx2l BEEF-
slsdsi9; extra India mess. $27aS2s. DRESSED
HoGS-1l s.a12i.c; pigs. i2t.c. CUT MEATS
Picked bellies steady. 13tql4he; picked
ciai. eizc: city. eAc: country, 6f6tse: LARD
Steady: middle West, 10. TO- zoe; city,
e&a9Zc: refined, South America, 1l15c:
Continent. 10 75c: Brazil, kegs. IL loc; COM
pound steady. sAdshc. STEARIND-Quiet;
oleo, she asked. city lard lhc.
COTTONsEED OIL.
A better tone prevailed and last price: were
20 points net higher, with sales Oh sVVV
barrels Iocai contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
PUBLIC UTILITY NOTES
General News and Earnings OF
Various Corporations.

Statistics OF public utility bond issues
'athorizsd by the California Railroad
senmission in It's first twenty-one
eenths jurisdiction over utilities indi-
Ns that capital secured on the lowest
ssns by any OF these issues was obtained
= The San Diego Consolidated Gas and
s.eeuic Company through tho sale OF
49," first mortgage per cent bonds at
Which would yield 6si per cent on the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
sEx dividend
BRIEF WALL STREET NEWS

Trading in this market yesterday for
foreign account was practically disre-
garded.
The Bangor & Aroostock Railroad re-
ports gross earnings for April Of s4o7.-
lls, an increase Of 1885. and net earn
ings OF S1ss. 40. a gain Of 1885
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
Vlreinisn Power.

o. Leach & Co. have purchased
49," virginian Power Company first
nease per cent bonds, and will offer
s bonds at an early date. The electric
auns plant built by the virglnian
49, company has recently begun sup
f,ss s'sctricity TO the coal mines in tho
~. "ns-New River district Of West vir-
2s..- me plant Ia about fifteen miles
Ms snsriesion. w. Va. on the Kama
aver. ana It's transmission and dis
a'n lines are about 10 miles long.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12
MINING.
BONE DIS.
STANDARD OIL SUBSIDIARIES.

FURNISHED by Carl II. Pforzheimer & Co.. Is
Broad st)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-12

The Kanawha & Michigan Railroad
Company has sold to White. Weld d Co.
81 ,2oo0 600 ~ per cent equipment trust
notes maturing in semi-annuh install
ments, on which 10 per cent OF the pur-
chase price has been paid In cash.