davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
NOBLE SEES FIELD FOR.
US. BANKERS ABROAD
Cashier Of Hartman National
Is Optimistic After
European Trip.

John A. Noble. cashier OF the Harri-
man National Bank. who was sent abroad
some time ago by the officers of that
institution TO study the situation rela-
tive to opening branches in Europe. said
yesterday that while the plan had been
viewed with some concern by certain
European banking houses they showed
disposition to work hand In hand with
this country in financial matters.
Mr. Noble visited London, Paris and
Berlin and said he was led to believe
there would be little inertia to overcome
whenever American banks should decide
10 establish branches abroad.
He said IL was generally concrded IN
Europe that the reduced tarin would not
he 80 benencial to foreign manufacturers
and exporters as was expected. by reason
OF the increased cost to them and she
greater competitive ability among Amefi-
cans Europe has also abandoned the
idea that she Is to derive an early imam
cIal advantage from the expected itfa-
ton OF the American currency now that
the workings Of the act have been more
carefully studied.
Mr.. noble added that President Wilson
in regarded in Europe as a statesman
such as this country has net produced
for generations and that American imam
cial and commercial activities VIII show a
Dig advance.
The Hartman National Bank cele orste9
its third ann!yetsary to-day. It's grown
in deposits has been enormous, rising IN
,hre. years from si.no0.6"0 to Nc
500. 600. an increase 81 37' per cent ON
clsls Of the bank feel that IT, hours. ron
A. NJ to T. NJ. which are aptN
suited to the cumnuulty iu fi 'iemG
are 20 a large extent Icsrons.I lie foT th'
growth In deposits
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
Csrious Discrepancies.

Rock Island common IL selling around
~ and the preferred at s. Wabash COM
mon sells at about Q and the preferred at
eh. The difference betw cen the quota
tons on the Rock Island shares Is thus
less than 2 points. while the difference
between the market prices Of the Wabash
stocks IL "a points. There are two
rather striking discrepancies In this show
Ing. In the first place II would na,ur-
ally be supposed that there would be a
wider difference In the relative values OF
the Rock Island shares. that Ia. II they are
to be credited with any value at all
The old railway stock was exchanged
on basis OF par In common and 10 per
cent in preferred and. moreover. the out
standing common stock has been Increased
considerably sincA then. In the second
place. no plausible explanation present,
itself for the disparity between the mar.
kst valuations for Rock Island and Wa.
bash common stocks. II Is true that the
Wabash road II actually IN receivers
hands. an eventuaiity which oni,
threatens the Rock Island. But for al
that the position Of wabash appears e
he the stronger of the two. The latter n
least possesses voting power. which tn,
former does no3
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
MISCELLANEOUS MARKETS.
Cs9se Closes n e "a Psi.ss Lever
-Provisiows Firm,

Coffee continued It's downward cours.
yesterday. the market closing 20 to II
points lower. Weak European markets,
heavy Brazilian movement and Tower
cost and freight offers were responsible
for most OF tho selling. a liberal
proportion Of which came from recent
buyers. The buying power was narrow,
and sentiment continued generally bearish
despite the substantially lower level OF
values as compared with q week ago.
Total sales were 2.500 bags
The Havre market opened y fr. lower
and closed y fr. lower. Hamburg started
u to y pig. lower. and closed I to Ia
pfG lower. Rio No was $50 reis
higher at 5000. Al Santos No. Z was
unchanged. at $500. while No. there
was also unchanged, at $500. RIO and
Santos receipts totailed $4,000 bags.
against $4,000 baGs last year Sac Paulo
had 1900 against 5000. and Jundiahy
had 1900. against 5000.
New York and Now Orleans ware.
house deliveries Of Brazilian coffee on
Wednesday totalled 3356l bags and for
the three days Of the week they amounted
10 %. SEQ bags.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
GOSSIP OF WALL STREET.
The Lsag shot.

Speculation on the long side In the Rock
Island shares % ono Of the curiositiee Of
the market Apparently the value behind
these stocks IL negligible. According to
the prevalent idea II they have any value
at all II Is simply that Of counters In the
game OF speculation. Constant selling Of
these stocks for the fall 10 easily under
standable and this provides . certain
measure OF support. hut speculation on
the long side il also factor In maintain
ing present market prices. Reasons for
buying Of this kind Arc more subtle.
Fundamentally the buying seems to be
actuated by the principle that he who lie
down fears no fall. At any rate the
speculator who cares nothing for values
and trades simply on prices Is present In
force. A Spectator Of this class ystscr.
day bought $500 shares Of Rock Island
common At Z on the bare fact that the
price IL low and has fallen 90 far In %
short time. All he stood to lose on the
transaction was $4,000. and oreticaily
at least profits are unlimited In scope
The possibility Of the imposition OF an
assessment on the stocks hardly enters
Into the matter. for the trader Of this
character invariably runs long before his
stake is cut into very deeply. 80 faI
speculative buying Of these stocks car
hardly have been very profitable. Com
missions take heavy toll. Multiplied q
sufficient number Of times the cost oil
trading would soon total ths amount Of
capital originally started with.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
DAIRY PRODUCTS MARKET

BtTTER-Th- activity Of several out OF
terday in table stock. although most r.Ssiv-rs
did not think condition. !ustiiud a hsner
rang. Better trading followed ths te'eT .S
cine And the advance WAS Juslhed in.Ie
=. /. ,noa a- Al OF stocs on hand Win zen
d,ncy toward accumulation. par'!eaisry 81 w, ~.
sal. on sccoun, Of The large supplies SInen are
neius increased oy Ihirmen,s from ,he ,.'err,GTi.
Process , shoI psS Ssnss sock ;. steady on
b.- lines Prices follow Creamery tNrss.
:5p:5'sc; hrr. :.r..A,e . 80 ddilSy'
extra. SReic. nrs,. isll',.c laf.s' .r-
y TS :, af 1s,si ss gs s iss G:s'
CHEEsE-The marke, !. firm and irlhe
hish.! on the '0P grade. o q, eq pen,i Fancy
sSims Arm. Prices are: STATE, -hi's; sp.
aais -. eclored :ps,a. i ,s:i,c . .:,lns'
s .sG. 'G ies.S soos 10 choise Issiiiisc poor
yn t.; Is roe yol.n, e.ci. Early in III. --.s
resulted in n Sign, reaction gr,,e ,,l am apn
az Io9,- priqa. have stimulated con'unir'
lion and tn. outlet IL greatly incre@sed re
ceip,. yesterday were a,s' a., ,-ts.. 'n
Tu-.iay's arrivals. which usually shows ~
hesu.-t arrivals OF the ~eeH Nes'o'
show better movement and are hrm. SliCe
r.,s'l.rs orer q. many =. fourteen esss ior
90 all fresh tho cuusumpitnu ;. hraNS. ~
.st. not sufficient 20 meet demand 80.
$3.50 .sth.red extras. -. ac5c ezra hrst.
80 fr.i. siFf2li4c.: seconds, .r'sc Pennsyl-
yania snd nearby h.nnery ~sre'' me 70
- ~. and ,farby white. s,s'~ Bal,imere
s.EsSc Western. 5sa3lc- Tennessee ath DINER
live poULTRY-Th-r> ~hs quite an a..
i've demand YESTERDAY and the market ,isan-H
I'M with fowls particularly in 1000 demahd
And higher Recripis were four ,ars Wee, era
az for the week IA. with Twelve cars on
track Quotations follow FOWL. l'-sc
roosiers old and youns, ~" itrhe'. Nlheu
hen. and toms. 1910 car@s' nrsterl anH
iic :: .uineas. per PAIR. &C pigeons per
'psrSsrp PorTTRy-TNe a~risnd for fresh
: kill~i fowls IL slow and pr'e- nave tren ,cl'
b man the bulk OF The arrivai. Old roo-iers are
srsree squaN. more plentiful but SLOW
J r-oy.n chickens and fowls are irregular rang
J frozen turksys firm. hui cheap srsd-s IN AI,.e
weak Cuo'aiion. are Brollers Philadelphia a
i fancy II, los. each. yer ~ NHtc; lbs
-.ch' ,9Gsic Chickens. Phhaf-lnhl5 fancy
:.G;c mixed i.1,'r eo.rse .r,. ,5 %In'
ww...nr M. IL ard To-. 2'0f:-c
ro.I. Western boxed GO IN. ard over %
. Dozen iSs 81 TO a. hi. IL fl6l.c.' under 81
ih. i.Ji.l.c In barrels, !. III ij'sc Wesl
| ern. poor IAN 'c. Ola rooster ne fto5en-
| Turkeys. small Western selected hens ana
I tenn. 20 Tennessee and Kentugkv, as1.5'sc
Tara. 10 Oh hens. 81 e OLD TOM -
/ >. 10. esm?sc.; corn ted. -2r-lc tmekeh.
milk fed 81 to 20 lbs % dozen rl'c toII
led isGI-c. Fowls Western. boxed 20 Ids
1 and over 10 dozen. lSc.: 3 20 q lbs l5Hl1i7c
old roo.ter.. isrol,c nuck. LouE lsland. u
| nIsc.: Western, iCc No.; :, l.pl2c "ee~
western. fancy, iSaiec.; No .. l.si3c
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20

THURSDAY. March -.
Receipts OF beeves were 55s head In
GLIDING = cars for this market. The latter
were held over for Wednesdays trade
Feeling steady. Dressed beef In moderate
demand at i2giahc. per ID. for city dressed
native sides.
Receipts OF calves w.r. lss head In
Guiding Sc for the market. making with
the stale stock lo3 head on sale. Trade
slow at barely steady prices, Common TO
culis at s5aSs. Yesrinss and BARNARD
calves nominal. City dressed veals steady
At l?ai!c per h.; country dressed higher
at native.
Receipts Of sheep and lambs wer. sss1
head, including ~ cars for the market.
making. with the stale stock ~ cars on
sale. Sheep were IN limited supply and
steady. lambs slow and barely steady; the
pens were not quite cleared Medium g
PEI. 100 lbs, Dressed mutton steady At
issai,e f p nv Crossed a hstSSs.s H Lamb.
higher h. ssrss,so per carcass.
Receipts Of hogs were LOGS head, nearly
all for slaughterers Market firm and heavy
!c uGht hogs quoted a. ss!s0ssso per
ars.s.S hogs :sssds ., SSi:Xe. per Is.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
IRREGULAR CLOSE
IN COTTON MARKET
FINAL Census Report To-day
Nav show 1l,15O,OOO Bales
Total Ginning.
SHORTS STILL COVERING
inv Decline. IL Is Thought,
VIII Prove to Be. Only
Temporary.

c,,,or WI. very Irregular yesterday.
"a ,,,er a period OF steadiness, based on
-, LIVERPOOL cables and spot sales OF
400 bales in the English market. turned
..,,isd and closed points lower to 8
-. higher. The big spot sales at Liv-
- received bullish construction and
-,,,.eei further covering of shorts in
.,5 March II looks. however. a. II
80, nj IN, shorts were transferring into
inch may store up trouble for them
Tss census Bureau published . report
IN. amount Of llnters out OF the pres
-. r-ou. which IL placed At $4,000 bales,
.,nared with 100000 bales last year.
- important state showed q gain In
~ PRODUCTION OF linters except Okla
", md Texas. which fell OF out of all
..-,r,,ou 10 the decrease In the crops
y'y,ho.s two states This reduction In
| - in the southwest undoubtedly was
| =. :, the damage To cotton seed caused
| - me heavy rains OF las, November and
f..,nher. and IL IL regarded As somewhat
.,rs-matory OF the scarcity OF good seed
y rose two states.
-,.dav IN. final ginning report OF the
90, will be issued by the Census Blu
- II will give the crop exclusive OF
,-,.rs. which were punished yesterday'
- can I've added In order to give the
80 PRODUCTION. There appears TO he q
,,n,ral expectation OF somewhere around
\, Nto 900 bales, although some OF the
-, informed operators are looking for
.,c,o,inately l&i5o.0oo bales. This
.s'r,s 10 be a reasonable anticipation. a.
. vould only show about $4,000 bales
,,,ed from January Is to the end OF
!. season compared with 100000 bales
~, year The amount Of cotton ginnec
s,r January to January ls this year
"a. $50 600 bales. compared with i1l,0oo
,,'s ia~ year. II this proportion Is
~. out by end OF the month ginning
s,.raons would seem that total OF
l,lsa goo bales exclusive OF linters would
!. N order
t-,,rs OF approx imately lt,.I5, 900 bales
s.sr.l month. ago such a figure would
l,y. 1b-en considered very bearish. but
rp.ctatiou. have been gradually raised
M N. market has declined more than
ye CENTS from the high level OF the sea
=, Good cotton II almost unobtainabls
"a the better class OF low grades are
r-fng prices far above the level that
90 be paid for them IL delivered or
tract II IL thought that local trader
,,y all the market down on such .
scrn. bu, old crop shorts are likel,
AXE advantage OF any weakness is
erlnus covering.
SO, cotton was unchanged. Middlinl
nds 25c Spot cotton In the prtn
.,J southern markets was unchanges
= ,.lsc higher. New Orleans, IL Lice.
c.ri.s,on. i2rsc; Norfolk. lac: Sa
r.rash le i5-isc. Memphis. isisc.: Au
ra.aA i3i.c. Futures closed steady. q
10 ats higher
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
Army 81 Eacie.ey Essi.eess.

Tho Rdli,eay Gasette 10 publishing an
exhaustive description Of the vigorous sf-
forts being made by the receivers OF the
Frisco to put that badly used property
back on Its feet Much 10 expected OF a
new plan that has been put into effect
by which an army OF efficiency engineer
il created. The station agent comes In
contact with q greater number OF Gus
toners than all the other officers com
bined. and on his efforts depends the sue
cess OF a road. Under thu new plan the
station agent. formerly only partly re-
sponsible for the solicitation OF business
now has full power to represent the road
In his district In this way the patron
Is brought into immediate touch with a
responsible agent OF the company. Re-
suits already obtained are said 10 fully
Justify the change.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20

. THE GRAIN MARKETS.
wheat and Corn Close stsonY, ths
Latter saintag I Ceat.

TIE wheat market shovel little lie
y'st,7ts until short time before the
eos. When values advanced rather brlskiy
e,9s' active short covering. A. the END
q re session a net gain OF about sc.
"a been recorded. while the advance from
y early low level amounted TO lc
mere were no developments to explain
~ movement aside from rumors or I'M
Tna.ag export business and better VOL
ne o. each buying at Northwestern mar
90 The Strength Of corn also had sym
a'hs,ic effect. Winter wheat belt I'D :
yes we're decidedly against values and
,r'Fn news vas OF a negligible character.
N.ssrn Kansas reports were especially
Nanstc. and the snowfall over con-
,9tfabls section Of the belt was regarded
s!eEay favorable.
OoEn vas again the overshadow-ng fea-
y, o. me grain trade, duplicating
s.i,ss1avs one cent bushel advance
70 ruled tractlonally higher In the
1y tad ne. reacting around midday
.aer r"oS' taking bv the longs. then
tl-''1 sharply just before the close; Cash
al-s''s were reported II to lhc. higher
r'na'y rec" PTS were light and interior
nh"D's vere larger than last year
.tr offerings were relatively small
llef' were reports TO the effect that {
"lslsr8Hir amount OF Argentine new
w corr md been worked 10 this coun'
~. news failed 10 check tn
4.Eg Helped by the strength OF corr
N170g losing strong Cash mar
a.. woe 7rmer, while receipts wsr'
shka - r.-.....
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
THE BOSTON NAIXIT.

Bosros. March 1s.-Tradne on the
local exchange was quise, with a generally
stronger tone. AZ compared with trans
actions Of $40 shares OF Boston and Maine
Wednesday thirty-eight shares were
traded In. with the price unchanged. A
sale Of Maine Central was recorded at
s5, an advance of iis points. Boston
Elevated on light trading gained y to
san. Boston and Albany advanced TO
1870, up az. In the industrial list Ameri-
can Agricultural Chemical gained IN to
5sk. while the preferred gained y To 81.
Cnited Fruit weakened point to l6S.
Edison Electric lost y to 25s. A sale OF
American Sugar preferred was recorded
at Ito. OF point Massachusetts, Gas
we're without feature. The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
NS~k leland Collaserubs.

The passing OF the dividend on the
stock OF the Chicago. Rock Island and
Pacific Railway Company. substantially
all OF which Is pledged a. collateral un-
der the issue Of Rock Island Railroad
a, caused fall In these bonds TO a new
low price OF 81. The strong inference IL.
Of course. that the passing OF the divi-
dend means that the approaching interest
payment Is to be defauited. Nevertheless
this Is only an inference, since IL is stu
possible that the interest may be met
This situation places the Rock Island
collateral trust a. in a rather unusual
position. Until actual default occurs the
Rock Island ~ are dealt In 'and inter
est" That means that the purchaser
OF bond at n price OF 81 Is really pay
ing about per cent. more. or SO. II the
interest In not met the actual value OF
the bonds II that much lesa
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
THE CURD MARKET.

A Arm tone wNs maintained In the curb
market yesterday. especially among the
oil stocks. where substantial gains were
made The volume Of dealings was mod
crate and price changes small Stock Of
the Wayiand Oil and Gas Company was
dealt IN for tfss first time and was quoted
at from 81 70 81. Riker- Hegeman re-
acted on contracted trading closing at
~. down Y point Savoy Oil was strong
and active advancing 1 point TO IAN
United Cigar Stores hardened slightly TO
Sax and Tobacco Products preferred
moved up Y to s5k. MAXWELL Motors
Shares developed heavtne0 and closed
fractionally lower. Bonds we're moder =
ately active and firm.
Standard OIL stocks we're rather less
active. but prices generally esta blished
higher levels Standard OH Of California
ranged between SAT and $50. Standard
Oil OF Indiana was strong. closing at an
advance Of II points at 53S Standard oil
Of Kentucky new sold up 8 points to 2sa
Standard OIL Of New Jersey advanced 4
points to 40 and STANDARD OIL Of New
York improved I point 10 go Vacuum
Oil continued 81 improve, eellinG a. high
~ 25< and REL sting a gain Of 8 points
At the close. Ohio OIL rose points to
1ss. Pterce OIL varied between Ios and
ios. Continental OIL gained points. sell.
ing UP to 40. and Anglo American OF
was hrn~r at H.
TRANSACTIONS In detail in che marie,
yesterday were A. follows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
ELECTIONS AND MEETINGS.
MI>>Ot III kAN~t> a TEXAS RAILWAY
COMPANY.

Parsons Kansas. March = 1914
Tbs REGULAR anuua. meeting OF stock
holders OF the above named Company for the
elr.rt!on Of Directors Ia conformity with
CaT ptS ls', Laws % Kansas. issJ. and the
i-8u sa'- N ~ such b'h-r business = may
conl- -b-tOr~. sait meeting, lncluiing the
ratification % 81 action a. any TINE taken
or, AuIt orls-G BY th@ hoard OF Directors
IA. En-tutiye Coulruts. Or The EN.cu,iv.
90 --s ~ The COMPANY as may be sub
United "a the n-etlug Will be h.ld a The
general oft = of "a. tsppiny In. the city o.
Parsons h 'nsas IN Thursday, The 9Th day
Of April lsi4. ~ 1000 O'Clock \
$40, K '~Apsfe- books VIII be closed from
tho afternoon Of March l9Uh unti. the morn
irg " April l0ts next. New York Once. VI
BrpsdNay . y SCH AfF. President
CAkL REMINnTnN- se-reL.ry-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
UTAH COPPER COMPANY.

MOTTO. OF NNNI n. NEtTTNI OF
STpf kHDLpEkS
Trs annual meeting ~ the s'OcaH o'iets Of
ION Cope -t'brlptuy vi'l be Melt ~ M
Office Of rAr Company. No. = Exchange
P.tro. Jers,r ,!'y IN the state .; Nrw
.p.A - two o'D Ok Il Nj. FOR the purpose
u eioc'iEg % Hoard OF Directors ~ saii Com
pluN. anu for me consideration ana traussc-
tton Of such other business as may properly
come before the meeting
The transfer books ot the stock ~ ms
Comp,ur Wl'I be closed a. three O'Clock y
VI On the ard day % April. lsli and re
opened upon the hnal adjournment OF N.
meeting
Dated, New York. March eOth, laia
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
FINANCIAL NOTES,

Anton A. Raven. president OF the Ausntie
Mutual Insurance Company, has beet
elected . director OF the Farmers Loan and
Trust Company
Lieutenant Comma nder l.. NJ Josephthal
OF Jose nh thai, Louchheim 4 Co, sails to-day
on tha Oceanic for four weeks trip in
Europe.
Tn. Lscoria Car Company ha, passed the
regular quarterly dividend Of ~ per cent
lu. April I.
Henry T. Day has been elected m en,bos
- the stock Exchange. b.. '.'
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20

A heavy buying movement In the
Quincy ~ sent that bond Of exceptional
characteftstics up to . new high price Of
-. The buying was heavy, Ss3aeoe
changing hands. and the extreme gain
OF IL points also testified 70 an unusual
demand Naturally under the circum-
sta noes the old rumor OF the bonds being
retired was dragged out 20 serve as an
explanation. But neither Great Northern
nor Northern Pacific acted In n way TO
encourage belief that anything Of the
sort was contemplated.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
AMERICAN COAL PRODUCTS CO.
Report shows Net Income of s2'-
M. os5, Against 81 .553.GOI In 1912

Tho American Coal Products Company
reports for the year ended December 81.
lsla. net sales OF i2o,iss.oi2. as com
pared with sis.75isoi for 1912. with a
total income OF tA35s,2io, against w.
57<9ls.
The net income was S2.lsi.ss5. az com
pared with sl5j3.ool. and the surplus
arer IN. paym.nt % dividends on pre-
f.rrcd sII4s.7ss. against si.ill.s:o. Tbs
VS. equal 10 1919 per cent on the WV
s3s. 900 common. as compared win lo.o1
per cent earned on Sl0.5Ss.3o0 in l'i.;
The surplus after dividends on the com
mon was S4Ot,034. against s31Ale''
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
PUBLIC UTILITIES.

~. rt.,.,.,, r-..,.,. ru...,..,,- -.
many rsnar,s ~ r.h,u.,y ,sI. .,.ns On
ir.s $50 CAS- ~. a.,. 80 eln'
D. i,x ',--,svs, an 'h,rssse OF $3.50
hs.ti,r 80 ~, a ~ 80, $500
.,,,rIt',. =, a., -. s..uss OF $500, ~
~, ~,.s.,n % ~, ihtsrest cAATre-
,Is,c. =. ,ts nus OF 90 mere vs.
common sto"k 'di, iS.,as 81 ~. sasn .na
=, -. OF w.; sam
sroes earnings Aggregated stii4sss, an
increase OF t1saset Operating ,spgnses
and taxes We're ssSs.ssi la-g.r and net
earnings were ti,ss7.rso, or St2ss3s more
than FOR tn" preceding tvelV. months
There vas balance available for coumon
stock dividend. of C.5TE.&fo a gain ..
SVTSja
eros. ..r,,n.. n, IA. rs,-,,, Ella, Gem.
p.ny Tor F,sruaYy Isl. ~. iHss ast "".
s.in a., SSEsis "a. 80, 90 a. =, :
month lsst YEAR onar.tiHs syn.rs..
.ro',r, ,,o.s,. etsths ehPehH,s
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
PROPOSALS.
ELECTRICAL SECURITIES CORPORATION
Fiftb aud Tenth series Collateral Tru.,
Sinking Fund Five Per Gent. Bonds.

The Guaranty Trust COMPANY of New York
as successor Of the STANDARD Trust CompAn.
Of New York, as Trustee under the lndeH-
for the sale OF as many Of the FIFTH
SERIES as can be purchased for the sum Of
Twsnty-nine Thousand Three Hun irei and
FlFty-slx Dollars and Twenty five Cents
t.s.3S5 25l and as many bonds Of the TENTH
SERIES rs can be purchased Tor the sum
Of siS Thousand 1--WE Hundred Dollars
80 500 at not exceeding .0y and accrued
Interest in each Instance,
seated proposals Will 10 received al ths
ofNce Of The G1Arany Trust Company Of
New York. 40 BROADWAY. New YORK CITY,
untn Ten O'Clock \. NJ. Monday March
20, 1914
wrdnesdaN March 20. 1917, on delivery, and
'in,rr4st Wal not 10 allowed after that date
This notice Is given Tu-susn' 60 ~, pro
visions OF. ArflcIs FOURTH ~ the lndenlures
SECURING he sad Fitrl aud TENTH
SEnlES " SAID bonds - y
GUARANTY TRUST COMrAST OF NEW
p, wM . o COX. v,e.-pI..,a..., :.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20

,Ne,,e. " ,h.r.ey, Siy:n tina, Bono: Ne
and Foundry Company. secured BY its mort
esee TO m. subscriber. bearing date Decem-
according to m. terms OF the said Mortgage.
'aH-d 'or payment and will be paid In full
OF N. subscrib-r In Nswhrk. New Jersey.
Or tn rirs' dsv % April next upor presenta-
t!on and surrender Of SAID bonds and all
t0u19rs rvC-P' NO.. a'-.niT paid
FIDELITY TRUST Company. Trustee.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20
THE CHICAGO MARKET.

CHICAGO, March ls.-Moderate huctua-
lions attended to- days trading. with soms
increase in the volume of business.
Peoples Gas was again a strong feature
and higher prices were also noted In
National Carbon and Swift Co. stock
Union Carbide was duh and easier.
Southside Elevated AVS advanced points
and other issues remained steady. The
summary
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-20

Provisions closed higher. Cash prices
were:
Pork-Mess. S23 q $3.50: family. Gas
TSes.5o. Lard-Prime Western. 5000 /;
refined continent sii25; south Ameri-
can. sll.s5. Beef-Packet. elsaSls I:
family. sisds2o.