davidaulloa/AmericanStories huggingface dataset:
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-10-21
AUDITORIUM THEATRE

Auditorium Daffydills: II ) u
liked to lay carpets, would you can
him a carpet TACkER!
Complete change of vaudeVii,e
tonight folks; a brand rev must
cal comedy one hour am ni'e.n
minn,es in length; also four DANDY
ree,s and good music by the Auai-
forum 5-piece orchestra. foLho"
Tus WISE ONES and you Will nave
- hours and fifteen minutes oi
the finest pleasure you ever nao'
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-10-21
TUE AMERICAN GIRL CO.,
10 PEOPLE IN ,,n,r,v,
TIME-PRESENT
p1AcE-ATLANTIC CITY

nusical comedy. bubbiing win
so,ps clean comedy and &C.
centric dances. see
nrattv girls: hear those funny co Q.
pod;sns Don't miss this one' II
a dandy.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-10-21
WOMEN AND ROSES
FORD STERLING in
sNITz JOINS THE FORCE

A laugh, a snort and then some.
A show tonight that will please
you. Our price In. sc, 10c.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
WABASH ASSESSMENT PLANNED.
TeatasIvs Plsa Calls for Payment
~ HolAers Of ESQ . share.

~ uOboef0 OF VzO y BoopOs
4 tentative plan Of reconciliation Of
the Wabash Railroad, which 10 receiving
close attention Of all interests 40 the near.
est to q nhai SOLUTION. contsmplatee -
one Of the central features an assessment
common stock alike. This would supply
Sls.5oo.000. Between S25.0oo.oo0 and
&S0.o00.o 600 10 needed.
Another feature 10 that there will Be- no
scaling down OF the $<2,000,000 hrst re-
funding and extension 4 per cent. bonds.
Holders OF these bonds will receive an
equal amount. and perhaps ITO per cent Of
their holdings IN newly created per
cent adjustment income bonds.
u 10 proposed that there shall be only
one class OF stock. The holders OF the
old stock upon payment of the assessment
are to get new stock In the ratio OF par
for par for the common and possibly ll0
or 100 to par OF preferred.
The 100000 to sl2.00o.ooo needed
for reorganization and not raised by tho
assessment may be obtained through q
sale Of new bonds Part Of this amount.
about 32.25o.000. however. II IL expected
will be obtained from the settlement Of
the company's affairs with tho Wabash
Pittsburs Terminal Railway.
There are OUTSTANDING 1l4,ooo.ooo OF
receivers certificates. The plan 40 con-
templated will reduce the nxed charges
on the railroad to about $3.6oo.ooo an.
nually. II 10 estimated that the exten.
sive improvements made In the system
will enable II to earn fair margin OF
surplus over dxed charges.
The permission of four State public
service comniss ions. Ohio. Illinois. Michi.
gan and Missouri, will have TO be OBJ
tained before any plan can become OPP
srative.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
DAIRY PRODUCTS MARKET.

BUTTER sales yesterday were good and SO
ihs, prices were advanced Nc. This sends ,abi.
butter up TO ?lc. again. higher than IL Was
supposed it would 50 again This winner. State
stock and held were unchansed. II is believed
when deliveries can b~ made more promptly
hs, ppos. vii aroe ssa Tse pre.en ,n
,redse viii clrtail the Losses which confron, ed
many reocver. few weeks aso. RctAiiers
higher. Prices follow: Creamery exiras. sou
oslo. nras, s7a@c.: seconds. :.u?sc. held
sI nass a auSs .sSi pSi,n. STATE S.r'
PROCESS en,rss. 2sHdssc nrs,s, Nas.c Isdlc.
current nrss. .otsp2ic packing ock. current
CHEESE Yss,eraayS &c Sondi, rsSa'c ser. normal
without change IN any OF the quotations, Trade
deliveries were freer. Receivers complain thai
improved yesterday, All lines are firm. Pre- .
undergrade.' I.i,aisiac. Daisies held, best is
eho dim ne sm .sec. % choss.
ioSGline; poor 20 fair. sdioc
EGGs.-An easier tone pervsded the marie,
Grade fresh were down nc. Jobbrrs xere viii viii
ing to take on stock even with deliveries allow
a. he produc,on viii proSsbiy inerss.e A in
little storage stock i,it and tina, is no, &C.
livery, on T. basis OF = cent less than presen,
quot ations Duck eggs are becoming more Dlen
tiful and are now quoted. Prices follow: Fresh
rathered extras, ssx93Oc. extra nrsis. ?si.
syivania and nearby hennery whites nne 10
fancy. stTsSc hennery browns, 3oc brown
and mixed colors. 27d2c.: refrigerator, n.
nest. 25hq2sc.; fair TO good. 23Y 2Sc; lower
grades eoa2sc.; European, fresh. i2o dozen
Ss,s and nearby white. -ssa3sc: Baltimore
S5nS6c Western. Nms5c.. Tennessee and other
LIVE POULTRY The weaker feeling which
dominated the market Thursday resulted yes
jerdsy In drorninx fowls 10 ls'sc Chickens
hxed too high originally for free trading. Orl,
nine cars were unloaded yesterday and q ock
10 well cleaned IN. Advices ind cate light re-
ceipts neJt week. Quot a'ions follow: Chickens.
nearby. lie: fo.ls. isisc old roos'ers i3c 4:
turkeys. zoe. Western and Southern du.ks
nc: reese '; &c. guinea fowls pair sc :
DRESSED poULTRv.-There VIE no cAarvs
Yesterday 10 speak a.. with the eycention ~ q
hrmer market for bowed packed fowls There
ara not enough scslded turkeys on the mar'st
20 warrant quotations and they are cut ou'
10 . demand for large fresh KILLED fowls and
unless r.cetrts are ,roro liberal next week
pric~s will sdvsnre Ths supply Of fresh killed
turkeys 10 small end the majority OF " IL
cosrsS snd undesirable. Quotations srei Tur.
w: w.:..rn a.y picked .ysrsS SEES BE-" g, $50
Phiisd-lnhis broilere lbs each soossc bot
hacked Yves ern fowls DOZEN In boz. 20 The or
over, lsc under ~ lbs. i6sc narrsllsd cook.
dry Mcked. lbe each, lsc.: Lbs and under.
,sHE,sc' ssidsd. ls,s@isc. old rooster. ne ;
csc"ns. PSii,d-lrSi.. SSlc lbs. ss9soc'; Ohio.
2l0aSc Western slips ise1iec
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
CENTRAL LEATHER co. REPORT
Net EARRINGS eO.22O.O7O, or ~ $780,
Sl2 Less Thaa for 1913.

The report Of the Contra, Leather Com.
pany for the year ended December 81.
1919. shows that that company was ad-
versely affected both In volume and in
pro1ts by the industrial depression. The
balance after the payment OF preferred
dividends was s2.o5S,>l&. which was equal
to 6.I1 per cent earned on the SSs.70l.-
O30 common stock. ~ compared with S.57
per cent. earned on the same stock tho
year before.
The total net earnings of the company
were s6.26s.0Is. against $7.735.s9l in
1912, with balance after the payment OF
interest on the bonds OF s4.3s6.3i4, as
compared with s5,736.sH in 1912. The
surplus after the payment OF preferred
dividends was $2.o55.+lA. against S3.305.-
.5i.
Common dividends totalling S1s3.99S
Were paid during 1919. and none during
1912. leaving a surplus after the payment
OF $l,26I.4lo, against 33.4O5.95$. This
amount added 10 the previous surplus
gave the company n total profit and loss
surplus OF SG,437.s2s. AZ compared with
s6.l7S.4l2 In 1912.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21

Opinion by Laughl!n. J. Settle order or
The Terpezons Company. respondent, w.
Knox Terpesone Company OF America. Of
al, appellants. order affirmed, with $40
PENDANTS TO Withdraw demurrer and 10
answer on payment Of costs In this cour.
ana a, In court below No opinion order
Louis Block appellant, vs. Myer Hu..-
rected in opinion. and. at modined affirm !
with $40 costs and disbursements to de.
,ehdan,, Win leave to defendant to answer
clars sa' j order f,isd. costs Opinion BY
Union Trust company Of New Jersey, re-
s ass ss.,, !Sss sssS0 and order affirmed
implicated. With Simon s. RossHs sunn zap arp
psl,anti MoIlie SINAI V Same, Judgments
costs. no opinion. order filed.
Cornelius NJ Garrison, appellant, vs.. Rob.
s sT, NJ Thompson. respondent judgment
Innovation IInssnui,,ss. Inc; appellant, v.
Judgment affirmed with costs No opinion
Harr, wo op nSmRSpy d sssG"d ray:r.
With go costs and disbursements. and mo.
ton denied with 20 costs Opinion By
sriGs ssarins ct AL defendsnts Empire
without costs without prejudice to such
further motion as Indicated In opinion as
may be determined upon. Opinion by
Clarke J. Settle order on notice.
Albert = Moore. plaintiff, VS. Nulcani,s
psade%. with Louis H.ddsPP oh aepsia ,%.
order reversed with $40 costs and disburss-
ments. and motion denied, with so costs
Opinion by Clarke. J. order filed.
McHarg- Barton Company. respondent, w.
Maritimh Dredging Company. appellant. Or
ders Affirmed with costs. Opinion by Scott.
j. order filed,
Anton J. Rsit, appellant, vs. Joseph Meyer.
respondent. judgment reversed and new
trial granted, with costa to appellant TO
abide event. Opinion b, i.aughlin. j. Set
tie order on notice,
John T. Condor Va. Exton Hal, Brokerage
a Vessel Agency. Application denied, with
$40 costs, Order signed.
Fay St. Clair vs. Sam Howe. Applica ton
denied. with 80 costs Order siEncd
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
HERCULES POWDER co. REPORT.
EarninUs Equivalent 60 1898 Per
Cent. Of CAPITAL.

The Hercules Powder Company. ono OF
the concerns formed following the Gov
eminent suit against the 4. I. du Pont de
Nemours Powder Company. has just Issued
Its annual report for the year ended De-
cember 81, 1918. The amount available
for dividends or improvements was equiv
alent to an annual rate on the $4,000, 900
capital stock OF 1865 per cent. Gross
receipts for the year were $7.64o74l. with
net earnings from all sources OF Si.401.-
2l2. or this amount there was set aside
$500, 900 for bond interest, leaving n tota!
for dividends or improvements OF Sl.0l7..
2i:. The net earnings from all sources
were equivalent to $50 per cent. on the
total investment OF 3i4.771.siS. which IL
the amount Of the company's assets. The
pront and loss surplus Of the company
after the payment OF dividends WAS Ss22,.
327.
The plan authorized by the shareholders
on January - for the issuance OF I per
cent. cumulative preferred stock to retire
the outstanding income bonds IL under
way and It Is believed that all tho bonds
will be cancelled.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
THE STEEL MARKET.

No essential change has developed in
tho steel situation IN the last few days.
and the volume OF new business continues
decidedly unsatisfactory from the point
Of view Of manufacturers. There II also
complaint that the present margin OF
profit on manufactured steel IL barely
sunicient to cover dividends. The gener.
ally low prices prevailing are attributed
by many steel interests to the recent
tari3 changes. A representative Of .
large wire manufacturing concern was
quoted a. saying that prices could b
advanced 20 ton n wire products we're
returned 70 the protective tariff basis
The D..Uv Iron Trade Gays: THE New
York Central Railroad ID inquirinS for
5000 freight cars and the total Of cars
actually placed this week 10 $500. The
Pittsburg pig iron market continues quiet
but prices are Arm A fair inquiry for
Iron 10 out In the East and Chicago
Western wire mills are operating at %
per cent OF capacity with inquiries out for
second half delivery. Connellsville coke
production has decrsased slightly. but
the contract furnace price holds we'll
around ~ ovens."
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
PART I. OF BANK LAW DISCUSSED
Van Tuyl Commission Devotes Day
10 This Section.

The Van Tuyl commission revising the
banking laws OF the State met yesterday
at the Chamber OF Commerce and devoted
the day 10 the discussion OF Part I. OF
the proposed bill. This section includes
changes In the laws relating to private
banks. savings banks and trus. companies.
In the absence OF A. Barton Hepburn,
chairman. Frank NJ. Patterson was elected
acting chairman.
The hearings on Part I. will be con-
tinued to-day and the members hope to
take up also Part H., which applies to
real estate companies which issue bonds
and sell stock. investment companies. safe
deposit companies, credit unions, &C.
In the future the commission will con-
duct It's hearings at the Bar Assoclation
Should the occasion demand q meeting
will be held on Sunday.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
APPELLATE DIVISION DECISIONS.
Announce ments BY the Justices Of
the First Department.

The Appellate Division. First Depart
mcnt, announced the following decisions
yesterday:
warren r; SsMsom9 II; executor; &C.
and as modiaed affirmed, with costs 70
appellant. opinion by Laushlin. j. Settle
:, Walter i, Yoanxman, appellant. We, The
Judgment directed for plaintiff with costs
0 HnErahsm eG ana ao Hot dissent
ing Settle order on notice.
Lee A' sSSSsrt .sSSnasn, a. nEss@.
nrmed, With costs. No opinion. Order n'cd.
s,er ni h0' spp:iah, '' jSas%.a. .nr%oa
ossTSs sr S.,,y T.ssSnssn, United
yersed with costs and Iaasmsn, directed
opinion sy scott. J. set;ie order on ne,iss.
Simon HsiSrSnn APDs:sn, e NSTh
5ic'G sos' and HpSsa vain
be ssr,ia.d to be- dstsrmiaea on settlement
e order and oD'n,Hn pss lHsia%
ss H.nr 9!ass On s " ,nq,v.aus,ly, g..
appellant Judgment onirmcd, with costs.
on opisios of Davis, j. at Special Term
Mary <. AEs.r. r.,ponden,, VS.. Ellen
Win costs "p and yudsmsn, airsci.d dismiss:
Ing complaint upon the merits, with costs
Opinion by Laushiin, J. Settle order on
Marvin o,I Butler Gs al sPpeIsE's ,m vs.
ssd.a HsS,%: 'na5ysasaS AMI rmaa
WIZ s.,, SO T SRiH .s,aoS SSsr MED Marion
Vim eo., sRrs epiaion S olaeT nled sAl'H'a'
nfsnp s es at .RP.s..o i tue SsaT
msnt sstii,msd. with costs No opinion.
Lee A. oehs. respondent, vs.. Albert II.
y:Tssd. Win cost. and Juaxmsn. diysc,sd
shsSma. Tir. Conn sny Of New York.
pany. Inc. Of al. appellants order AFFIRMED.
with 80 costs and dis,S ,Ss with
and to answer on psymen, OF costs in thi.
court and In the court below. No opinion.
William W: Farley 2. stat. cemm,.sion.r
r D:pS.s sDns.n Franz rd., AsSsassd' In
io costs ana dissursemsnts. With isavs TO to
defendant TO withdraw demurrer and to
and IL IL. Ssos Tss. opna
., cAs.ls. 4. ,pos,gsr ct al: rs,pondi.Ss,s.
men, and esasr ARR, tttrmsd. with costs No
snd order Affirmed. with costs No opinion
Rssmus Anderson. appellant. vs.. Frank
q, brady, respondent. Judgment and order
snirmed. with coats No opinion. order
Abe Brill Company appellant. vs. John
q. Psttee, implicated, respondent judy
ment reversed ana new trial ordered With
costs to appellant to abide event opinion
per ouriam. (McLaughiin. j.. dissentinE).
Settle order on notice
Mary Brady. as sdministratrix. 40. ap-
peliant. VS.. John W.. Clark. respondent
Judgment affirmed with costs. No opinion.
Order hlsd.
MAJ keve appellant. VS.. Columbia KID
HAIR Curriers' Manufacturing Company, re-
spondent. Determination reversed with
costs and Judgment o. Municipal Court
affirmed with costs. opinion per curtain.
0ettle order on notice.
appellant. vs.. Jesse Froelioh. respondent.
Judgment and order affirmed with costa.
No opinion. Order hled.
John g. samni., respondent. ys. Leon p.
Brown. individually, &c, impleaded. Ap-
pellSni. Judgment and order affirmed with
L. Lawrence Weber; appellant. W. Column
Judgment reversed and new trial granted
With costs - appellant to abide svsAt.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
THE MIsCELIANE0us NARNTy.
Co1ee Rallies After Opening Drop
Provisions steady.

There was renewed liquidation at the
opening Of the coffee markets yesterday
and prices declined nearly 10 points fur.
thor. subsequently shorts became active
buyers and q considerable part Of tho
early decline was made UP. Roasting
interests were said to have sold against
purchases Of tho actual but the major
part Of the ofyerings came from tired
longs. Sentiment continued bearish
owing 70 heavy receipts and poor do
mestic spot demand. There was active
switching from March to the later posi-
tons Final prices were . to points
higher and total sales were 1880 bagA
The Havrc market opened Z to Il
fr. higher and closed unchanged to i
fr. higher. Hamburg started 4 to u
pig. lower and closed u pig. lower. Rio
No. was unchanged at 51l75. Al San
tos No. was zoo rsis lower At $500.
while No. there was also 200 lower at
$500. Rio and Santos receipts totalled
10000 bags. against $4,000 last year.
Gao Pnuio had $4,000. against $4,000 last
year. and Jundishy had 1900, against
5000.
New York and New Orleans warehouse
deliveries OF Braxillan coffee on Thurs
day were io.7Si bags. and for the four
days OF the week they totalled eo,S4s
bags.
Prtces vorA.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
POINTS OUT ROADS DuE1nfA.
Samuel nsa Oays Oss DeAy aaises
wasss, Another Ftnss Ratss.

Samuel Rea. president OF the Northern
Central Railway Company one Of the sub.
sidiaries Of the Pennsylyania Railroad. in
his statement 10 the sharehoiders accom-.
pany,ns the annual report Of the former
company comments on the difacu,ty Of
securing advances In rates from one gov.
Ornamental body after another govern.
mental body has Imposed increased bur.
lens 4, IN. shsne NJ hirher wases and
restrictions in operation. Mr. Rea SAYS
that the raiiways recognize the value OF
arbitration. and for that purpose have
Yielded 10 public demands that ware cues.
tons be submit,ed 10 tina, manner Of set.
Element such matters and others have
Incurrad hiyh .xn.n.c. n nd IN. road. nav.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
TUBES co. TO PAY INTEREST.
iauAson aAd Manhattan 0eo1aess $40
Per $1,000 o. 0osaa

The Hudson ara Manhattan Nasiroad
Company declared yesterday an interest
payment " $40 per $1,000 bond on the
adjustment income . per cent issue pro.
vided In tho rcsdjustrnent OF It's debt
This declaration was made out OF earn.
ings for tho six months ended December
81, 1913. 1t IL payable April 1.
Gross revenue for tho eleven months
ended December 81 wAs S6.1S7.S62.
against S%.sb6.s75 for the similar period
Of 1919. Net income applicable to bond
Interest was S2<17,$5G against $685..
2s4 Tho baianc. of net income avail
able for interest on the Income bonds was
s61e.776.
After the payment OF se.s< per $1,000
bond made In September and the present
declaration. a balance Of 1885, will re-
main.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
PUBLIC UTILITIES.

p.ns to1 y: hs..y: . Conn
c ca Ais.r &c, n: ndid q e.
COMPARED ;.%;S i e" the rSHi. ' ": m :SS1
:sSiysi.n. iG sE s:r s:S,; q u. Iiss;i:
the yssr S!:yisv. dros. ssvnieEs ior sSs
s X: ..:s:: 81 ,.. 9: sonn.;:a .iS
5y0ss Ths tStsi inSS%; O e: com
+. ne, :yrplu. :i.:r S:asssio": tor ess:s:: ana ana
s tor ss' ,c :ss:;cs;c DIVIDENDS "s "'''a'
II H. snneunesd that Kssey. Brewer. q
e. e ons u ssS'db ,, Mics chS sCssst e:
:S:s.;:: E; g .:ss
s sS..y III. h ne ss.'' S Ss~es"' s::
S.l re &C. Sss'es rs.s: .:s &. ns. ss
~ &. T S.:.S S::T .::;;i:
Ss &. Y: Ss: ,!,:i' s;s.:S y
s ga e isvos: :ssss ~. s. :
Ssis:s I: % som. rev assssiSs u ssan,s.
ter .: S1os sas development snd acquisition
.a r.: &: S:sss SSs:-c :sst y.
ns s sSv., ts s.s sG" !: Es, On
e "; :: i. .: :s:.: s;:ss r.:
AZ; sss:: y: r: :;:s; I:!:;i:, ~;
sS:, s:sss r' OF VIII ;H. ~: III x.
toutAern Power comRAny ~ .Ag9regAte 81
oompany already has under way develep.
:: ;ss; t:sss si ssss; '..''
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21

THE GRAIN MARKETS.


Trading In wheat was inactive and
seatuEe!eas yesterday. Fluctuat tons were
narrow and closing prices were virtually
lnehanged from the preceding days.
There was small advance early In sym.
PATTY with the generally favorable cables.
uat this was dissipsted later under fresr
9ne,iAss brought out BY the favorable
Modern Miller report. There was little
news to stimulate trading. Export de-
mand was feeble and cash markets re-
ported buying slow. Brddstreers exports
ior the week were lower than those OF
'he preceding week but heavier than
IN the same week last year.
Corn showed Independent strength
throughout the session and closed more
We're substantial buyers and shorts APP
peared anxious to cover. Reports from
cash centres were conflicting, but gen.
orally indicated q better demand. Coun-
Try offerings were said to b liberal.
Much or the buying was believed
% BE due TO predictions OF . bullish farm
reserve statement oats also gained
sfouhd On an estimate OF smaller ram
reserves, Offerings were light and clos
,hg prices were about Nc. net higher.
Larger receipts failed 70 Influence thA
course OF the market.
Modern Miller said: ''rhe winter wheat
crop has maintained its excellent condi-
tion. with the weather conditions favor.
sele Rains followed by snow In eastern
Kansas and rains In central and south
ern Kansas have been benencial North
srn Kansas and Nebraska have snow Gov.
eng, In the soft wheat states mild
weather removed the snow In southern
sections. The plant 70 Vigorous And pros
poets unexcelled."
,- Bradstrsst's exports for week ended
thursday; Wheat and Sour. SlIS:ooo
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
cotton STILL MOVES
ALONG NARROW LINES
Usual Irregularity Prevails in
Another Session Of
Small Trading.
spIyNERS' STOCKS SMALL
Low Supplies Result From Dis
like to Premium on
High Grades.
spINNERS' STOCKS SMALL

There 10 s.ill no sign that cotton has
nosen on, Of the narrow rut in which Il
s,s been moving for the past month or
.. and Yesterdays session showed the
usual irregularity and characteeless fluc.
nations Liverpool made q good show
,ns on what was reported to BE- moderate
short covering in q very narrow market.
The opening response here was fully up
20 expectations. particularly ~ Liverpool,
Wis a fairly heavy buyer during the nrst
hour There was some covering by strad-
dlers against sales In Liverpool. which
caused narrowing Of about s points In
ina difference between May IN New York
and May-Juns In Liverpool. After tho
close Of the English market, however,
there was more or less local selling. which
ras scceutuated somewhat by rather
oesrish week end figures. The close was
steady 1 to points up from the bottom.
with very little net change for the day
Tho Into sight for the Week was 222.-
COS bales. against ls7,097 last year. The
total for the season IL i2.i7s,l2o bales,
against ll,652.055 last year. Spinners'
;ak!ngs were placed at 9l5.lS7 bales,
against &23.&<7 last year. The visible
supply OF American cotton showed a Do.
lrtass Of about $4,000 bales, against q
decrease OF $4,000 bales for the came
week last year.
TIE ordinary markes factors IN cotton
are susceptible of rather strong buiiish
construction. While the supply 10 large II
10 poor In quality. and the amount OF
desirable cotton 10 probably lees than last
oAr, when tho crop was approximately
100000 bales smaller. Mills have let
their stocks run down to very low ebb
for this stage OF the season. partly be-
cause they have not been willing to Day
tho premium for tho high grades and
rarity because they have not yet been
forced to buy freely OF the lower grades
The necessity Of early replenishment OF
p.ecks 10 likely to give the first impetus
10 the buying movement. particularly II
March commitments OF Southern shippers
should be founi TO be heavy. Against
,hess influences are the big straddle opera
tons between New York and Liverpool
for while a good deal Of May 10 being
covered In tho local market there 10 still
sons very free selling OF July whenever
tina, market approaches the ~ cent level
The New York market will be closed
to-day and Monday. New Orleans, how
ever. will be open to-day, although II will
he closed Monday and Tuesday. There
vii be no holiday In Liverpool.
Spot cotton was points higher
rddlnE uplands. l3c. Spot cotton In the
principal Southern markets was un.
changed to NC: New Orleans, 1Sc.
Charleston, l2Nc: Norfolk. 1?xc.
savannah, 13c. Memphis. 1sc. I; Augusta
- s.isc. Futures closed irregular. I poin,
Up 10 . points down.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-21
Rest YEAR FOR aRAPHopHoNEs.
American Company Rep~sss . Ret
supplus Se eA2S,0Ao.

The report Of the American GRAPHIC
phone Company for the year ended Do
cember 81. 1918. shows the beat results
In the history of the company. The earn
ings from all sources we're e7So.iG. with
S60o,o2S remaining after making deduc-
lions for interest OF tho funded debt After
writing of si72.0's for depreciation and
other items there remained a surplus for
the year OF si,7.e4s. an increase OF slS2.-
$50 over 1912.
The amount paid IN dividends on the
preferred stock was sie2.4Se. a gain Of
s6s,I6s over the year before. while the
amount added 70 surplus. or 1888, $50.
showed an Increase Of ts<.e68 ovor 1919.
Tho company's balance surplus and re-
serve account on January I. 1914. stood
At Ssss6ss. az compared with eeoi,i2s
on January I, 1919.