davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
The Bronx.

Klcnk. Henrietta sherman National Bank
~ New York. si.Sol os
Miller Sadyc g. ana Alexander Rossi-s.
Friedman 81 al. s.,G %.
Ros.nthai Harold -Humbert Baldrini ct
nj. S5l5 81.
Taleiann. i."35 IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
.SCHWAB LOOKS FOR
BETTER BUSINESS
Attributes Existing Conditions in
Steel Industry to Foreign
Competition.

Charles VI. Schwab. president OF the
Bethlehem steel Corporation, At tho an
nual meeting Of stockholders in Newark
yesterday said the company planned to
begin shipping ore from it's Chill mines
early in 1871 Contracts have been let for
the construction OF SIX ships. Of about
5000 tons capacity each, for that pur-
pose. Three groups Of Norwegian and
Swedish capitalists will build two ships
each.
At his office later Mr.. Schwab said that
from ten 20 twenty ships would ultimately
he needed to carry OH this trade. He de
MED that new financing would he neces-
sary for their construction
irrespective of the tariff and other con-
ditions. we will so right ahead with the
development already planned for our
business" he added. cor course, If we
were certain where we stood this devel-
opment would surely be faster.
Mr. Schwab explained that among the
causes Of the present bad conditions exist
ing in the steel industry were foreign
competition and the lower wages paid
abroad Last year. Mr.. SchwaD asserted
the average wage Of the employees of the
Bethlehem Steel CORPORATION was s9Vl'
compared with about one-third that
amount paid by the company chct
European competitor. He expressed MS
belief IN the wages paid in America, but
to he continued they must be protected.
Mr. schwab went on record as favorinS
an increase in freight rates for the rail-
roads.
81 am sure" he said. that II the rail-
roads get an advance In rates IT VIII
mean ar Improvement not only IN inc
steel industry but In all lines oil ouS'-
ness"
Referring TO the government sult no"
pending, Mr.. Schwab said the dissolution
Of the United states Steel Corporation
would be a step backward because con-
trary to economic law.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
PRICE MOVEMENT
OF COMMODITIES
Wheat Breaks on the Gov
eminent Report-Coffee
Also Declines.

With the government report on crop
conditions more favorable than had been
expected even by the bears. there was
some heavy selling OF new crop crtlons
after the report came out final prices
showing net declines for the day of is@
l'sc. The trade generally considered that
if there was anything bullish about the
report Il was that il seemed too good 10
be true The holiday at Chicago. Kansas
city and Toledo had quoting effect on
the local market. and there was little
business before the government figures
were made known Corn and oats held
steady. although trading was not active.
Lower foreign markets and continue
ton OF the heavy primary movement In
Brazil caused duh ard dropping coffee
market here. and last prices for the day
were az net declines of 4 20 points. IL
has been learned that the bull interests
which took up most of the March tenders
have secured loans Of about 100000. pre-
sumably 10 finance their interests in the
Nay option.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
ENORMOUS WHEAT
CROP PROMISED
Government Figures Point
to a Winter Yield of
551,00O,000 Bushels.

4 record breaking winter wheat crop
is In prospect this year. the Department
Of Agriculture estimating on a conser-
vative basis that the yield may exceed
55l. 600 600 bushels The condition OF the
crop April L-was 95.6 per cent of normal.
or 115 per cent better than the average
April I condition for the past ten years.
The area planted last autumn was So
$4,000 acres. and With a comparatively
good winter it is believed the acreage
abandoned has been somewhat less than
q6 pcr cent, the average abandoned dur
ing the past ten years. so that an UNI
usually big acreage will he harvested II
conditions continue favorable throughout
the season.
In a statement yesterday concerning
the crop the department said The
condition Of winter wheat on April !
viz. $50 per cent OF normal-is ll0 per
cent higher than the average of the past
ten years. The yield per acre in the same
ten years averaged 10 bushels; an in
crease of Us per cent to this average
would be l6.7 bushels.
THE acreage planted last fall was es-
timatcd at 355O5COo. 16.7 bushels 'tne
average Weld. applied to this acreage
gives eO9.s5O.OO0 bushels. But there Is al
WAYS some of the planted area aoah-
doned before harvest; the average OF
such abandonment in the last ten years
has been about 90 per cent Of the area
planted. II this average Of aOahdoh-
ment 10 deducted from the estimator
planted area. and l6.7 he applied TO inc
remaining output, production OF ABOUT
sol .OO0Oo would be indicated.
The wheat plant wintered unusualY
well. and it is not to be expected that inc
ten-year average of abandonment mas
occurred this year. On the other manu-
a crop that is I'm very high condition on
April I. as is the case this year. IS more
susceptible to depreciation later IN the
season than crop having lower con-
dition on April ].
"The final estimate Of production OF
winter wheat in 1918 was 523.J5l'o" ouSh-
els Uhe largest ever recorded) anu d"
1912 IL was 3e993oCO bushels
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
COTTON EXCITED
AND HIGHER
New High Ground for the Move
ment-Sharp Squeeze
in April.

The cotton market VAS active and NJ
times excited yesterday, with prices
making new high ground for tho move
ment. one OF the more sensational Incl
dents Of the days trading was the effort
of broker TO buy 100 bales Of April
and the fact that TO secure It he ran :he
price M to 1880. or a points above Mon
days closing figures. There has. how
ever. been very little business IN April,
and the price later was offered down
few points Active months sold about Is
to q points net higher. with May con-
tracts touching 80. or So 30 bale above
the low lowell OF last month. The close
was firm at a net advance Of % points
on April and II to % points on later posi-
lions. \ private cable dispatch from Iiv-
erpoo reporting that freight room had
Il 5000 bales for New York suggested the
possibility Of an increase In the local
stock from that source but this. II any
thing. seemed TO increase the anxiety OF
the near month short interest. az prices
reached the best point Of the day In the
late trading and closed within point or
two OF the best II was argued that II u
was proving necessary 10 bring cotton
back here from abroad spot interests
must have found II difficult TO secure sup
piles In the South. Southern spot mar
kets were unchanged to sc higher. and
the local market held unchanged at l3Ac
for mlddling upland; no sales. Local coli
tract prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
[ nrillard lakes 4 Jump.

Tie crop report started some life mo
The market. but Il could not bring about
any marked price changes. II took the
curious movement I'm the tobacco stocks
10 provide a diversion of that kind. The
rise in American Tobacco. proportion
s,ely TO the nigh general price OF the
stock. was not great nor Of especial sig
n'scsnce. and the advance late IN the
dav Of Iiegett & Myers was readily eN-
planned on grounds Of sympathy. but the
iunp in = Lorillard was an entirely dit-
fsrent matter Until il appeared at Ia
Yesterday Lorillsrd had not been dealt IN
since March 60 when its price was l55.
At the close Of that day it was quoted at
l8-e in the next few days the bid
price remained the same. but the asking
price rose TO 1873. Yesterday, however
somebody wanted so shares and wanted
ID badly enough 70 put in an order to
buy at the market lie got IT, the drst 100
shares Al 11l. the next at 173. another at
rs then 100 at $50 and his last hundred
A. lso, which shows what it is 10 buy
stock at the market when there is no
market
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
TRADING In THE
CURB SECURITIES
Further Decline of Oil Shares
Mines Dull, but Steady
City Bonds Active.

Trading on the curb Yesterday contin-
ued dull and heavy. with the trend OF
prices again toward lower levels. partic-
ularly among the oil shares. Standard
Of Indiana declined q points, Prairie
oil and Gas 2j South Penn Oil II, Solar
Refining and Standard OF Kansas 10.
Standard OF California J (. and Continen-
tai Oil II points Atlantic Refining
Ohio Oil Southern Pipe Line. Standard
of Kentucky, New jersey and New York
made losses of from 3 10 Q points.
In the industrial list, British Ameri-
can Tobacco. old. and Riker-Iiegeman
rcceded each a fraction. United cigar
Store. common. after opening weak de-
veloped considerable strength and closed
with a gain Of p OF a point. TIE min
ing group was rather dull. but steady.
New York City iiss, when issued
touched 104a. closing at 1ol HIS. as
on Monday
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
Schmit Realty and Construction COMPANY
Tinsley Brothers 1907 -
SATISFIED JUDGMENTS.
APRIL :.
Manhattan.

The first name Is tina, NJ the debtor. the
second that of the creditor, and date when
judgment vas filed.
Haisye Charles n. T. Nelson Borlsnd and
John Y Dailey-W. Keller. Dec. IS, 1911.
s23.Oi2 so
Cregan. Isabella and sara Trainor-S. f..
Stocker. March 3. 1918 si0j SIS
Same-Same. March :. 1918. $50 -.
James Evorard's Brew erics-J j. Tally. Feb.
IS 1911: 81 500 OF
1ntarborou.h Rapid Transit Compsny-R.
Buth; Jan. u. 1914 s6af -
LOCKERS. Hermann. Rome e. al. June II.
1885 s.GS 10
Le.tner Jacob-M. Resnick. Nov. l.. 1918;
S2.leI %.
Palermo. Antonio. and Elizabeth smith
People. etc. Feb. Is 1914. $500
PERT Michael S-P Masi, March -. 1914,
5000
Schwartz. Tobias-s Klar ct al; May .,
1872: $3.50 80.
Trainer. sarah \. Letitis Smith or L-titia
eron. Daniel Cameron. Richard Cameron
srd Emma Wiley. or Emma Cameron-G.
r.. Stcckert: Nov. 20 1912. SPAS n.
Union Railway COMPANY n New York City
!. T. Lally. Dec %. 1913. $500 -.
CarmOdv. Nictorine--T. X Wilmerding, Dec.
p 1905 reversed: $500
Temple Charles Re- T. Grannis; Dec. II.
1918 reversed g 12i %
Calhoun. charles Nc W. Raily 81 al.
March : iatl Sass
iniercity Land ard Securities COMPANY Gus
tav \. Wander. Emma Wander and
Rental Mortgage Securities Corpo alton
9 Z Bietach: March IS, 1914 cancelled .
SIZE -.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
EXPORTS.
GENERAL MARKET REPORT.


Now Yorl hpri, 1917
GRAIN WHEAT-The feature Of tho dav
vas the government report which was pun
lished Al noon and showed an AVERAGE conf.
ton on April - as6 per cent. compared with
o. m December last, GIG last rear and
ter-y ear average 81 s. por cent. The report
was more favorable than anticipated even by
the bears and according 10 local figures. 10
dicates a Yield Of about $50 .o)o bushels.
making no allowance FOR winter Killing which
tho trade believes 10 be below the average.
while chicago figured tho Weld A. go 900 900.
chicago Esnsas city and Toledo wore closed
for the spring elections. but after the renort
came out there was active selling lore
I'm the new crop months. and final prices wer"
steady. ln tho local cash market 40 hard
Writer wheat was quoted a. p e. New
York: No ? rod. q o. elevator. 80 : Northern
Duluth. 994.c b. and No ! Northern Mani
t0ba. 81 0oh 2 D. CORN-Tho holiday m
Chicago restricted trading. but sentiment wss
bullish. I'm the cash market 80 ? yeloN
corn vas or oted 1870 : 70 arrive OATS
The market was also quict. although prices
verp STEADY and there have been some stems
% improvement in tho cash position. Cs,sh
market quiet Standard white frzaisc. 80
. f5d45iac. No 3 fi0His' 30 4. 45izdi4ci
ordinary clipped. E3.msfc: fancy clipped. fiis
Gl7c. all elevator RYF-Dull. 80 Western.
6si4c. New York export. Tho government
report made the condition ~ winter re gi.2
PEI cent, compared with S3 per cent las'
wear. on which the ,ield was Indicated ~
a. 3oo 000 bushels. BARLEY-Steady; mating
O. { Eftfalo prcrfng III rf14ffou
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08

head: hall n GER on gale. Feeling steady;
prime sheep sold a. 81 80 per 100 10; bucks
a. 81 80. 4 deck Of MARYLAND spring lambs
6frst II the season. ar So 81 per head
Dressed mutton slow ~ 9ia n l2c, choice
vethers PFC: dressed lambs quiet a. l3W
i5c' country dressed dollhouse lambs firm a.
SJaS7 30 per carcass.
Sales-Kerns COM mission Company: $50
Nd spring lambs ~ So 35 PEI head: sheep.
~ ID average. Sc 30 per 100 10. II bucks,
80 H. 81 20.
HOGS-Receints. 5.S5J head. al for
slaughter. 80 trading in live hogs feeling
steady. Country dressed hogs steady ~ 9
n &c rer 10.
Sales date vos;erdeyl-McPherson Co:
- state hogs 1875 III average. So 81 per 100
lb . 15J 10. 50 80: = pigs, 20 10. s. -.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
RRIFF WALL STREET NEWS.

further shipment Of 10000 in gold
coin was received yesterday by the sun
Treasury. making total OF s9DO~o THIS
week and Sl.O75.OOO so far this month.
Managers OF the New York Produce EX-
change have voted to close the exchange
on Good Friday.
Stockholders Of the Aston Safe Deposit
Company. at their annual meeting yester-
dav. elected Barley Wyckoff director
succeeding George r. Case. retired.
Hugh McElroy and Charles fancy Keep
linger have formed new Cotton IN
change partnership under the firm name
Of McElroy & Kepinger. with ofhces III
the Cotton Exchange Building.
John Cone and r. G. Harding have sue
ceeded Henry Mackenzie in managing the
local agency OF the Anglo-South Afnerl-
can Bank Limited.
The Hudson Safe Deposit Company at
the annual meeting OF stockholders re-
elected retiring directors with the excep-
uo, Of r. V. Lewis. who refused re-elec-
,,on on account OF IN health
Stockholders of the Nandalia Railroai'
o, ,belr annual meeting yesterday. elected
Herman g. Veeder as director. succeeh-
inc Samuel Roa, and " ~. Leo succeed
ING Joseph McKcen. Other directors were
reelected.
Tho Atchison. Topeka g. Santa re
Railroad has declared the quarterly diVl-
do,d Of ~, per cent on the common sto'k'
,a,abic June 10 holders OF teco'u
April 90.
The Chicago & Northwestern hHl" o"'
has given an order for 1000 steel under
frame box cars 10 the Pullman 'oi"-
pany.
Stockholders Of the Studebaher 'orpo'"-
ZION. al fhcir annual meeting yester"nY'
reelected retiring directors ~ -.
nvmpf. vino has been IN charge 81 'n"
ooupauy's credit department, succeeds
scott Brown ~ secretary. MI Brown
has resigned 10 resume private la" pia0-
tire.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08

A further shipment Of 10000 in gold
coin was received yesterday by the Sui
Treasury. making "A total OF s2'o'"" TINS
week and $i.O75.OOO so far this month.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
SAVING tho Day.

u wa the crop news that saved the
Az Barring the little squirt that FOL
lowed the publication Of the government S
,,oor, II would easily have been the
sr,slsst Ave-hour session OF the year
That there should have been no more re-
so,nse in a speculative way TO the state
,rAr, indicating a winter wheat crop by
far the largest on record, was disappoint-
,or IN the Street, though not altogether
The market, It had been
said. was I'm position to move readily
e,,ber IN or down. Yesterdays develop
usnts. however. seemed 20 prove that no.
lion a mistake. II has had full measure
running over OF bad news and yet 1t has
not declined. To undoubtedly good news
II has remained Indifferent. The Inference
ID that until the holidays, at least. are
over. the market will not move at all SO
brokers' said yesterday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
THE METAL MARKETS.

COpPER-Thc local street market for COP
per was steady. with lake quoted AZ l5c norn-
nal: e,ctroatc lt75c. and casting. HS7i.n
1t6Oc Standard copper on the New York
Metal Exchange quiet. A. i3Hsph3'i.c
FOR spot: April. May and June, lSH'1ait5'isc'
In London IN. copper market closed at fss los
for SPOT and iS6 IS 81 for futures.
TiN-weak. New York spot and April So oSa
90 SIC; May. 5e.7cdSe.92isc. June. s6s5oS' loc .
July. 81 OOg3l .25c. August. i2'sn37S 7'sc. In
to,don lin closed steady. a, fi67 IS for spot
and 1853 FOR futures
LEAD QUIET; New York spot. . ibu5 Soc and
Usst - Louis 3cOh3 7or. London LEAD closed
a. fS - 90 . .s.ss an.
nd Fast ~ Louis 5loa5.ib IN London spell
tel closed 81 t2l JOS $500,
I al market sicndv ~ 81 1bnils for No
foundry. Northern. f5n115 10 for No Norlh
,rn. ,Ibnjlb 10 Tor No southern, ana Wv 'o9
fI.t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
BUSINESS REVERSES

c,rco.. ppoTHERs manufacturers %
,,ats,s A. tts East sgd ST.. made an assign
mont TO Robert p. Lewis; petition also hled
.-,,,,, Them creditors Fred Nichols. 500
q ucCaba $500; and william Pearsah
so5 all on ass sned claims. IAaoill'cs a'7
odd - 10 se5 600 and assets $4,000. 1hey
have been I'm business about nine go
rb,t- liant was burned IN July. 1905 "nen
the loss was adjusted at sii'SoV' 'Nu
r,iv 1919 thev were AGAIN damaseH oy
fire. ard the loss, II IS said was suI0S "',,
NJ sto.so. The partners are Nathan ana
,.i.r,,,. v.ho reside in White Plains.
n,VIp rEf0HENBEEG-Pe NJ" ~
against David Rcichenperg' groceI; - -
SnIlng 81. ~ these "reditors. Sauiue' ,r,Lem
5000. charles BrIck. lou. au1 William
o., rcccivor bond 81 600. Liabllues arc
81 900. and assets SiVV"'
AMOUNTS UNDER $4,000.
BEHRENS BEOTHERS-usca i. a go, ~
h,-t Rorrers vino compose d the hth OF
Eehrcns Brothers at - Worth ST. nleo pe,l,
lion with liabilities Of s5.3i2, and nonllnu'
qqsets $4,000 Thor' IS ohIN one -,
,b pouu miller Company, S3f2. IN Jaw
w., ard the asset " p countcrcloim against
tls DoTil Miller company for $1,000 Tor
alleged breach Of contract Ihey WeIe lot
tu.rly dealers An hathrobcs ana sWealt,s' =
- HI-NrLEY & CO.-Sylvester +:
Vaughan. surviving partner of the nrm OF
e. y tTun.lcv a co. arcnit'cis, ~ lVo o.
NO died rctitIou. with liabilities or $3.50
and mammal asscts. St5.410 IN claims. Inese
.loitns are against tho estate Of the Iaie
charles D.. Huntlev for SAFE for moneys
alleged 10 have boon drawn from the ii1W
over tho share Of M Vaughan. ana asalns'
th. Perth Nmb1y Beef Company. SOU. NJ
T,untlcv died I'm ov.mbor. 1872. .
GEORGE !. BLOOM. restaurant and care,
a. - Iobu - filed petition. with llapilltts
OF s. SgT. Of which S3.."3 is secured, ana
scseis xf572 consisting Of real estate, stooo
AZ ~ webster ave. Jersey city, mortsageu
f,r 50 600: stock $500 cash in bank and IN
hand S235; accounts S25. and rent 81.
IIo has been I'm business twentE-thrce Years
JOSEPH SAMUELS & CO.-Judge Houeh
dismissed application for discharge or 10
seph and Iacuucs Snmuels. who composed
the firm 81 Joseph Samueis & Co. manufac
ru~ers Of braide Of 100 West @Oth 81.
retition vas dlcd against them on tuzust
: 1912 ard thor liabilities were S2t-29l'
aud nominal assets S4931 9l.
DAVID RETNHARI--Judge Hough denied
q discharge 70 David Ecinharz. dealer IN
.,lrvgoods. Of 1904 Third ave, whose liahili-
ties were $3.50
OSCAR IT, SUGERNAN--Judge Houzh
signed an order permitting Robert =. Lewis
receiver for oscar II. Sugerman. late book
keeper and cashier .of Low enfield Prager'
real estate operators. OF 1914 Broadway. 20
oren Sugcrman's safe deposit box in the Mer-
camille safe Deposit Company. az 10 Broad
w.v. and % inspect tho contents. When the
petition I'm bankruptcy was filed = was
thought 10 might have some money ana
diamonds I'm the safe deposit boz.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
sfthy Only at Prospect of
Biggest Ontturn of
Winter Wheat.
INDICATED HARVEST
65O,OOO,OO0 BUSHELS
,rillard Jumps "a Points on a
,oo. Share Order - Wabash
:. Stocks al New Lows.

y has 20 go back 20 1908 10 nnu
&C. condition for a winter wheat
On Arril than the $50 reported by
...'' .oyeroment yesterday. The acreage
- IN the fan Of 1913 has no equal in
~ .,e records. with a yield Of nearly
=, - M bushels indicated on unofficial
...,es the chances OF the biggest crop
,so coun,ry's history being harvested
s,cellert. even allowing for a large
....r,are Of damage to occur IN the ten
80 that lave vet 20 elapse befo'e the
s.,restirg actually begins. In those ten
.~..,s n IL reasonable 10 expect there VIII
,,ora than the usual rumors and re-
ITS Of rust. blighting and damage by
r.,,,,es since stock market bears. ana
~.i, market bulls will have to work
e,.rti,ne TO produce any impression IN
40, direction Rumor will have to de-
ROY some lss.o0oOOO bushels Of winter
.,sat I'm order TO get the crop down even
% N. Agures Of last year. which them
Ives exceeded by over So.Coe.ooO bushels
,,s largest pre- 1ous crop, the famous orc
Of 1916
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
Southern California Edison.

Application has been made to the Cali
fornla Railroad Commission by the South
ern California Edison Company and the
Downey. Light. Power and Water Com
pany requesting authority TO transfer the
Downey company to the Southern Cali
forna Edison Company for s5o.93S. The
Downey Light and Power Company has
operated at Downcy. Los Angeles County,
and secured its electricity from the Edison
company. The Southern CALIFORNIA;
directly operated properties show earnings
increased so per cent in four years. with
a liberal amount Of surplus contributed
each year TO reserve accounts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
Pacific Power and Light.
Statement Of caruiugs az tho J.,
Tampa Electric.

The Tampa Electric Company has more
than doubled its net revenues since 1909,
while the interest requirements are rela-
lively low. It does the entire electric
railway electric lighting and power bust
ness I'm Tampa, Fla. and operates an cleo
trio railway between Tampa and Port
Tampa. Gross earnings for twelve months
ended January 81. 1914. were sS56.941, an
increase Of s95.7o1, while net earnings.
after all charges. were s325.3O9. gain of
sl4.AS9 over the preceding year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
Steel's TONNAGE Figures.

Unless the United States Steel Corpora
ton officers have p change Of heart to-day
Or tomorrow. the figures OF the company's
unified tonnage VIII not he disclosed till
the scheduled day. Friday. There Will
probably be a stock Exchange holiday
then. and II is possible tfat Saturday. too
VIII be a holiday. experience having shown
that very little is ever done on isolated
Saturdays. when most brokers take the
chance 10 get rest at the seashore II
may not he until Monday. then, that the
market will have a chance 20 reflect the
tsures They are expected TO show
decrease around 100000 tons. which would
bring the orders on hand down 10 10000
.are
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-08
Cheap Money and City Bonds.

Il Is possible nowadays TO borrow
honey in London for a six months period
a. 1915 per cent. Noting this fact yes
isrdsy. a trader expressed the opinion that
cutie likely there might be some financing
q inscriptions 10 the new city bond issue
Cone with London money. The interest
O. the bonds would readily Offset the cost
q the borrowed money and he considered
that there was much more chance OF a
ipsculatlve gain I'm the bonds than there
night be In a stock commitment. As for
sock commitments. II might be noted that
an option dealer was successful In selling
On Monday a put on steel at 80. good
'oF the rest Of the year. AT s75.