davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
IMPRESSION NO BAR
TO AUTO INCREASE
Nearly Two Million Cars
Registered in United
States in 1914,
con OOO MORE THAN
IN PRECEDING YEAR
49,. Work State Has Collected
100000 in License Fees
Since First Law.

-. tremendous increase IN the mum
90 motor vehicles IN use through
~, United States has made the
,,s- orc or thc greatest in the
,,..o-7 o. ire automobile industry. de-
-, the general business depression,
..rs;sr 20 Secretary Of State Francis
n Haze Secretary Hugo yesterday
~,Ss public figures gathered from all
"A, states Of thc Union, which irdicate
=, rvnbe- o. motor vehicles reg. s.
80 durnc 1913 Up 90 December 70
ntNS4i. VILE The fees collected
n,-,frOn aggregate S11,q2S.S43 s..
c.-p.rison vi.h Gcurcs gathered last
-, ,lovs th-- ,hcrc was an increase
= so5oI ever ire same period his
yea. c. .-.-,
,,,i tie gan 1-r eat over ths 1918
-. - .ir s..--t,y less ir The leading
.s,,es ro.s SIS New OK ard hsSSa-
1,,.rts. vhc.e she Increase falls from
g. 5 pr cc-. ard rom ,. "a 2S
= -. -c-0lr- ST.. is cnphSsizCt
.ls sir- ear. -zc ;ha. his year
-. r.ztr.. compared via one n
IN e1e-rG-6 S.. 10000 marx. and
.a.-rtn. 40 .1s. eight cCnucnwc2lthS.
,,,ss6 re 5i.1.l .E-.- every state re-
Ts-,irs o. -rcressc O. ron sC0 10 80
4. Az
re sva-es. dcc-o-cj N-. Hugo.
-, G-r' 1-r t-c Yss. Sums or money
,,,f-;butet tr motorists Although this
,-ourf svrcars snail y comparison
ii re huge appropriations expended
AZ he SAFE primarily Tor the benefit
~ .he 1u.0uoo. lists B. certainly proves
,k,, a class they have not been
b,esuzrd y co-t-- o.I,rC their share Of
,ss ocsts. TIE Statistics further show
-. for re Jas. decade up % January
/ ht yx-iUu5 state highway su-hori-
- have exnc-5ed for road construc-
10. -ai1tc-a-ce ard veua'r the enor-
-. sr- o. st52G3S-St5. OF which
si,..s1.1-e was u-Ct -1sl year. u 1912
s'oss ~ .oCa cs atCec Tor br dye
20 -azd -erz--- c'21.4>5 sS5, the total
49, 70 So 81 t--,,-
Scrt5-y Bag, exclaimed that dur
80 cs-os---.lc.T the same period
-,,c-ists have co--ri tu1cd directly n
n, fer- O. registration and license
i.,5 b., sz- o. >eIS5l, 1os 10, express
+ . aC6s 81 rcs- states for the
,-i;yteranee rr1 repair o. the in
rrore4 highway So lar his yesr the
s-g-ri o. fees fas reached Sl1.G25.-
eEs5 cor na~od with SEI07,f40 =
- ~ f1rP ~ rlTn +Nr o. ~, ,---.t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
BIG BOSCH EXHIBIT
Two Complete Chassis to
Show All Products.

What is said to be the largest ex-
hibit ever made by an accessory con
Germ at New York show is that of the
Bosch Magnetic Company at the Palace.
The display covers 1,176 square feet.
In addition % the separate demon.
strating stands there are two complet.
chassis harmon is equipped entire
ly with the Bosch electric systems ar
accessories. This chassis is fitted wit
the Bosch fywheel drive startin
motor, a lighting dynamo and head
lights, sidelights and taillights. 1t also
has a Bosch vibrating duplex ignitioe
system, cable and spark plugs. Variou.
other accessories are included on TIL
chassis, and it is so arranged that al
can be viewed while in operation O.
use.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
Wider Range of Pleasure.
Require New Method of
Transportation Such
as Cars Offer.

1.-THE automobile manufacturing in
stitutions Of this country to-day are
very closely allied to the public utili-
ties" says Eugene Vatet, ce-president
of the Interstate Motor Company, Of
Muncie, Ind, makers Of the new $1,000
Interstate, because of the one word
service
The automobile has reached a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
AUTOMOBILES.

,N~ X 8 Xxx -
,,&.xTSAa
E'GSgs
tsM St~TAE
Hs1Trl'SSN
EE%EgfH
M.::STNSE!.
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%%%rtEgI&t
l::N!sTEatxs.l:
il:S.SKE-t.1RE
y. EEss,s9NG
SsfSAFSt&H'.
sS:S.%;sN3Si
sSG@ S;$;:ys::s, ~
%sk.a,IT1SE
&SsrAFN:!@A
s.hG$s&i"'.'~k
eN.tsSeS;S.
ksSSRt}::WJn
.G'SssSs. y -,
sM.Gxya,,
ESsE%...S-s!s
800 a%.S3
tIMI%.SyS 30
M;W.S.;: !, -
S.E?,1,%;SEsAfs
S,a;xssS.,,,'s:';::
E!.:EkNN
4:,,.9sa.WsI
a!s1SMe::s.3a!Ws
';5#,:s.s;:s
frN.9SJiHS,.:
EaW,,,&r:;..A
go Z. Z IL 49,.
ES:s;S: go;
SERxN'r&S
a:%sy.rsaiNe
h..$a'yn.e. ~ 4
&isa.>SS&fsH
S.HF.E!,!A
$3.50, tYSfsE.
SEht.Gs7NJ
Is5I529%, 81
fT6.LSS.HA
S%SI;1ss',Es2.
F%Ey:y3iF 49,,
,hEGSr.tGSE'
r3Ss.EaSas
Wttsie.Gi.TfE
t$/AHS2.$s&
f%S;>sfbLsSd A.E
,rk'.2yStS@.E ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
AUTOMOBILES.


OBILES.
HifsS5AX
G&2sA
EGASsax:
Ess.<SMA
@ET&
aSE@+&
TMsW9'5MA
;GYEAS
krS@s&l
S|'sS,:8l
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&AfILSs1
@:SRScS
ryERT
'S.%sSSsfSsj,
,,Assssas
!XsnMsE4sI
EkTS.tSSy;;x,,l
.sss'ssas:
EnN&etX
kNf lex AsIG
f%STStN
s,:s.::SM:$N
M#*'N:sS:
Uxy&;Y}as..
GsS <yEr
'EssstS-STS;
:IM:x,S.;GTt
N,S%c9sS.
,cs:XSS.assTX
'EssrR: $50 y
I&.;S.nG.yE
G.;.s.DJs..i;
G.I.S,s''is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03

nevertheless in their eyes a member OF
O large family Of owners that requires
service, and am glad to say that we
get this service"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-03
Vanaoium the Material Used
in Various Parts to
Garry Out Ideas
of Concern.
Nv l " RATE

BY !. ". BATE.
Chief Engineer. MitchelI-Levis Motor
Company.
In no other vehicle Is the factor Of
safety so important as IN the auto
mobile. While light weight is desir-
able from an economy standpoint, IL is
neither economy for the manufacturer
ror the owner in the end II safety is
sacrificed.
New-York tribune., 1915-03-25
ACTIVE
AND HIGHER
New High Records for Season
Made, with Only Slight
Reactions.

The cotton market showed continued
strength yesterday, with prices max
ing new high records for the season.
and closing firm at net advance OF
from 10 to IS points. The opening
was firm at an advance Of 2 to points
on overnight buying orders. There
was good deal of realizing, which
caused slight reactions right after the
call, but all offerings were readily abb
sorbed by trade buying, covering and
bull support, with prices soon develop
ing renewed firmness. At times, later
In the day, trading tapered of. but
there were only slight recessions, and
the market reaching the highest point
sold about 10 to 20 points net higher.
showed increasing activity, and Oc-
tober contracts sold at 10 cents. or
s575 q bale, above the low level Of
March /. Closing prices were some 3
or 4 points of from the top under re-
alizing.
Exports for the day were 26,lol,
bales, and the continued full movement
to the ports suggests a well maintained
volume Of clearances between now and
the end Of the month, although after
April / It 10 still predicted that there
will be q falling off in the export move
ment. Port receipts yesterday were
36,941 bales.
Southern spot markets were un-
changed to 20 points higher. and the
local market, while quiet, advanced 10
points to 9.30c for middling upland; no
sales; delivered on contract, 100 bales.
Local contract prices:
New-York tribune., 1915-03-25

GSS iSSS 6t 81 q s, l5lS54 IS. IsH iS3a ls?H
900 Pond creek 6s.. 81 81 81 g.,
1000 West T & T 6s.. &A eeH soA Sn
New-York tribune., 1915-03-25
COTTON EXCHANGE
AMENDS BYLAWS
New Rules Regarding the New
York Contract and Retender of
Rejected Cotton Adopted.

Members of the New York Cotton
exchange yesterday adopted an amend
ment TO the bylaws which incorporates
into the New York contract the recent
ruling Of the Department of Agricult-
ure with reference to deliveries on the
sellers classification, which, Of course,
are subject to appeal 10 the Depart
ment of Agriculture under the pro-
visions Of the Lever law.
The proposed amendment providing
that in the event of cotton being ten
dered on sellers classification, the
buyer should Immediately pay only 50
per cent of the invoice and deposit 20
per cent in trust pending the out
come of any dispute as to grades,
received 70 votes in favor, compared
with 45 against, but was lost under the
two-thirds rule.
A third proposed amendment was
adopted providing that cotton rejected
by the classification committee or by
the appeal committee on reflections
shall not be retendered without incur
ring charges, involving possible suspen-
sion from the rights Of membership.
Il was reported yesterday that the
first decision had been received from
the Department Of Agriculture in con-
nection with a dispute as TO grades
delivered on the first March delivery
daV,
New-York tribune., 1915-03-25
WHEAT EXPORTS
GAIN $l6l,55O,534
Breadstuffs Shipments for
s Months Jump to More
than $337,000,000

Washington. March 24.-Americsn
breadstufs worth 1857 ,o9l 1923 were
shipped abroad during tho eight month
period ended February 2s last as
compared with SlI5,2l5,ssl for the
same period of the preceding year.
Figures given out to-day by the De-
partment of Commerce showed the
greatest increase was in wheat exports,
which rose from SGT 1854, COS a year ago
to S229, ,205,l42 For last month alone
the breadstuff export totalled $62,S75,-
$50, compared with S8,772,255 in Feb
ruary, 1914, and the wheat export in
creased from S3,s93 ,s95 to s3S S,399 ,9eS.
The departments tables do not show
the destination of these shipments, al
though it is known that the great bulk
of them went to feed the soldiers and
civil populations Of the belligerent
countries of Europe.
Exports Of corn and oats also leaped
upward by millions Of dollars during
last month and the eight month period.
while February cotton shipments
showed an increase of approximately
$4,000, 900 over the same month q year
ago. The total Of cotton exports for
the eight months, however, fell below
the 1914 figures by more than $780,
100000, the respective amounts being.
for 1914, s49s,9l0,85s; for 1915, S243.-
947,l92.
Some idea Of the part American beef
is playing in feeding the men in the
trenches may be gained from the fact
that exports of fresh beef increased
last month to s17,S13,l6l, from sbl9,-
$40 in February the preceding year,
while during the eight month period
the total export was s57,000,0Oo greater
than in 1914. Canned beef valued at
S7,264,720 went abroad last month. as
against S243 766 a year ago.
New-York tribune., 1915-03-25
STOP TRADING IN JUNEAU

Trades in shares Of the Alaska
Juneau Gold Mines on the curb market
Tuesday before any of the stock had
been offered by the company were can
celled yesterday because of the state
ment issued by B. NJ. Baruch, manager
Of the underwriting syndicate, that
such trading was premature.
Investigation showed that the COM
pany has 100000 shares Of $40 par
outstanding and intends to offer 400,-
900 shares OF new stock. Subscriptions
will be received by the company and
not by the syndicate. The proceeds
from the sale of the stock will be used
for various corporate purposes and the
erection of a new mill F. w. Bradley
is president of the Alaska Juneau Gold
Mines Company. He, together with J:
II. Mckenzie, Wellington Gray. jr., of
the Crocker National Bank; A. B.
Davis and Mark l. Requa, are the d.
rectors.
New-York tribune., 1915-03-25

The market continues to he dull. Tie surplus Is
snicent 10 make 1t advisable 70 start manufactur-
ing Both dealers and producers are finding the
new Borden plan Of payment for milk live topic
for discussion Some q the producers OF course,
Ike e. while others d. not, The latter are inc
owners OF HOlsteins. who have been seeking volume.
Some OF the dealers think the new form OF schedule
will II continued. tenG 10 eliminate the Holstein
a, A producer for the New York market. The mar
ket value hangs at app'oIimsieg gao : quart ios
cream, in lO-quart cans for the week ended March
% Mera follONS:
New-York tribune., 1915-03-25

Receipts 5s52 including u cars FOR tho mar
ket Prices steady. with medium and light weights
selling a. f775aS7s0 per 100 lbsi roughs at $3.50;
country dressed hogs steady a, s99hc per ID.
Sales e. Curtis x son: 90 state hogs, la
lbs average. $3.50 per 100 lbs; roughs. s71 lbs
$3.50, / stag go lbs. s..
H. isi lbs. s7.75.
'Tobin 4 shannon: Penn hogs. 1873 lbs, i7T';
3 Sanders Penn hogs lt5 lbs. E.73;
roushx le5 lbs. se.50.
New-York tribune., 1915-03-25
WHEAT DECLINES
IN CHICAGO
Early Advance Lost - Other
Grains and Provisions Also
Show Losses.

Chicago, March 24-Lively profit TAX
ing by holders of wheat more than
wiped out to-day an advance due 70 big
export sales and to Kansas and Illinois
reports Of damage by Hessian hy. The
market closed weak sc to 1Ac net
lower. Other declines for the day were: /:
Corn, 2sc to nc; oats, Ac to &c, and
provisions, 2i9c to 712c.
In the main the realizing sales took
place during the last hour of the ses-
sion and especially the final fifteen
minutes. Previous 10 that time the
market had made a sudden bulge after
an early down turn. Unresponsiveness
at Liverpool TO yesterdays advance in
America had much 10 do with the first
weakness here. Then came news of ex-
port sales, which in the end aggregated
/ 1000 bushels. Bullish sentiment
increased rapidly after the receipt Of
tdvices from several points near Wich-
ita. Kan, that fields were being
ploughed up because Of Hessian fly
ravages. Illinois reports as TO mischief
bv the insect were in reference 70 ter
ritory around Peoria. Purchasing on
orders from the Dutch government ap-
reared TO form a large share Of the eX-
port business in wheat. Range Of prices:
New-York tribune., 1915-03-25
,.,ond Day of Big Upturn
Brings New Selling
from Abroad.
sopE AMERICANS ARE
EFT FREE IN LONDON
..omotive Company Directors
,o-orise Street with Regular
Dividend Rate.

-, foreign and domestic selling Of
~ y. vas noteworthy yesterday, the
-, ~ offerings from abroad per-
81 Ilv increasing. Nevertheless, the
90 ,,t seemed to be deprived Of lit
= q. vigor Professional traders
. y ~.,mmission house brokers were
5 l..,5 that the pace Of the last two
Go been q little too swift 70 be
Es.r,orv. They explained II by say
{ Ist the popular imagination had
;-samed by the rapid rises in pool
y, since the beginning of the month
CIV Tx the broadcast publication Of in
8 E'aonal trade figures, and that pru-
=, was for the time at a discount.
.,-r,, were made yesterday by the
s,,,ionals 70 bring about a reaction
I. ,iould serve 20 "tamp down." so
Z. ctss, the foundation for a bull mar
mt even aided as they we're by
'.i,r selling and domestic profit TAX
:. he traders were unable to make
= !, rsrked impression on prices.
New-York tribune., 1915-03-25

Receipts 5.OS9 head: III cars sails. Sheep
almost nominal: lambs weak for under grades: no
strictly prime offered. Common to fair lambs sold
at ss.659SlO.5O per 100 lbs few clipped. $3.50 ;
dressed mutton steady AZ l0@ l31c; dressed lambs
slow at l5@l7c. with hog dressed exceeding quota
tons. Country dressed hothouse lambs steady al
ssies~Neaton & Co: 2ol Ohio lambA 50 lbs
average. slO.5O per 100 lbs 65. SO lbs. ss.e5; 9
clipped II lbs. $3.50: sheep and yearling l2J
lbs ss75.
New-York tribune., 1915-03-25
STEEL. MAKING ACTIVE
Mills Maintain Operations in
Face of Low Railroad Orders.

Large producers, according TO steel
trade publications, continue 70 operate
at around 10 per cent of capacity, IN
spite Of the limited buying by the rail
roads. Export business is encouraging
and domestic orders are being received
from many sources. Shipments, how
ever, are keeping up with or exceeding
new purchasing, and little or no gain
in untitled orders is looked for on the
month. Considerable pig iron was sold
during the week by Buffalo furnaces
in n price cutting movement. The Iron
Age" says:
In the finished steel market the main features are
continued operations BY mos % Ig ,Ige tSs war odes
,-on ahfosd and a volume Of new domestic buslttss
somewhat less than that OF shipments. The exPi,a,
And llOc Pittsburgh. for plates Shapes Gno t'.ts rs
iJ counted 10 bring In specifications HeeS IL u"
There Is stu surprise at so good voum, ma. o;
business as the mills now hS's Hcs VIZ e ,gide,prssI
While shipments IN the next two months may nAces
orders implement and o'her s also ~ A Juna he
country's remarkable export trade oi February 'h9
IN iron and steel lines the greater toeAGn ss'es o
ioadon reports that American IND 'psndsni ,tetl
companies win establish Joint selling agency moro
al least premature
"Tbe Iron Trade Review" will say:
Finished steel business is subject 70 only tnsht
-, hsnges AZ present GAins in specifications against
sDv contacts ia some products are making UP for
iossss In others and the business IS not lesvy
With the Industry now running at about % 20 ~
Pt.,Ciny shipmeuts so that order books are not
eTDaudi1g Foreign orders are good ana, with NE
Steel Corporation. the largest of any "eeh Snl'e INC
war. ,, 49,. ..r,..A 4, =,
sweeping selling DIVE. engineered by Buraio iufo
seCet 9,r last half delivery at a reduction of 80
cents to 81 ton l. IS estimated that ms move
,nerf which embraced sales TO many large Eastern
s,,r,sra has reached at least 200 GOO tons Other
makers are standing OF until the aggressive sellers
complete their booking. In other territories the Iron
market is only slightly active
New-York tribune., 1915-03-25
NEW YORK PRICES
CONSOLIDATED EXCHANGE.

wA' 9gssP ggs, Hish 81 LST sTt ,f flGs ss SLY s
July. ..,.... 1919 l.32x 1914 ISIS 1928
INTERIOR RECEIPTS
New-York tribune., 1915-03-25
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.

Earnings of the lnterborough Rapid
Transit Company for February we're
SoO.sO7 smaller in gross than for the
same month Of last year. followed by
loss Of nearly a like amount in ne,
revenue. Gross returns for tho month
amounted 10 S2,707. 800. and net earn
inGs after taxes totalled 81 .49S.775. The
surplus after interest charges de-
creased S53.17l to S644.6S7. There
were 62,33S,224 passengers carried dur
ing the month, which compares with
b3.797 ,S6S carried in February OF last
year and 50,702,67O in 1918. For tho
eight month period ended February 2S
the company earned S2l,S57 .l26 In
gross revenue. an increase of Si55,S07
over the corresponding period a year
ago, and net earnings increased Si21,-
SSS TO Sll,9ll,59
Niagara, Lockport and Ontario Power.
Directors of tho Niagara, Lockport
and Ontario Power Company have is
sued the annual report Of operations
for the year 1914. The report shows
that daily deliveries of power in the
last half of 1914 were less than in
1913. but despite this reduction net
earnings were approximately 10 per
cent greater than in the year before.
Sales of electric power amounted to
S,40S,674. from which was deducted
S539,905 for purchased power and $751;
0S4, including S7,444 for depreciation,
for production. leaving a gross profit
from sale Of electric energy Of $751;
635. The surplus after deducting sink,
Ing fund payments was S109,S9l.
Eastern Pennsylvania Railways.
The Eastern Pennsylvania Railways
Company reports an increase Of 4.3 per
cent in gross earnings for February,
while net revenue after operating
charges and taxes showed a gain Of
26.0l per cent over the same month last
year. Total gross income was $63.901,
net earnings amounted TO S27,lS3 and
the surplus increased from $3.50 to
SS,22l. Earnings for the twelve
months ended with February amounted
TO SS2S,57S in gross, a gain Of nearly
per cent, while net income made de-
cline OF about ! per cent and surplus,
which totalled Sl06,434. was 7.5 per
cent lower than in the year preceding.
New-York tribune., 1915-03-25

Income Yields Of Stocks.

..sls we're any number of new high
r.s !or the year established in yes
c.sys trading, a superficial examina-
g ty one statist.cian disclosing no
IS ;hsn twenty. Measured by income
--A and the investors expectations
t,Nnsl times, stocks are still cheap.
'ciiqs they would be cheap even if
,4llred by reasonable expectations
-r 2ke into account the changed price
/. 17sstment capital. Taking only the
zas named in the list given above
III was chosen rather for convent
gas sake than for any other con-
cation, the income yields, based
3 I'sterday's highest prices. were as
a-'Ts: Atchison, 6 per cent; Balti-
:.' / Ohio, II; s.. Paul, 5.6; Lehigh
.L'7 IL; New York Central, 5.8;
:sii Northern, SO; Pennsylvania,
! Reading, %; Southern Pacific,
I. Uaion Pacific, GO.
New-York tribune., 1915-03-25
Iondon's Chance to Sell.

,,.son selling was in larger volume
:. ior several reasons. For one
=, ,he rspidity Of the rise was in
- an invitation TO sell. For an
=. ,he ADVANCE Of some Americans
is,don, like Union Pacific, 10 the
.r,f.up prices Of July 26. automati-
! permitted brokers there TO sell
,,counts in those stocks which had
!, frozen before by the British
sen regulations. Then, on Tues
vhen the market here was at its
= the London trading was all
,.gh with and the traders on their
: . dinner. so that impatient Lon
lad TO wait until yesterday 20 take
a,sse Of the new optimism.
New-York tribune., 1915-03-25
FOREIGN MARKETS.

t,,.rpool, March ?I.--wHEAT-Spot quiet: No /
Nan,to6a, iss 90. No 3. l3s ti. No hard winter.
,,l' "a CORN-spot quiet American mixed. ucN.
- sid old s. III futures quiet. March. = I'D.
TLOi;R.Winter patents. As. HAA!S-Short yut.
SIS sd BACoN-CumbeflAad cut oJs e!e AZ
6S,rv bSs' sts: short clear backs. 55s 50. sHOUL-
niiFEs-Sguare 52s. LARD-Prime Western. tielces.
- ,os I'd. old 52s: American refined. pals. Is
"a 9Th boxes SIS Sd CHLESE-Csla adial.
e1ee.t white and colored. rev. 9js. TURPENTlNE
H''SSt Si,,,s s-s LTNSEED OIL. 3ss Sd. PETKO-
IF1M-Renned. sad. COTrONsEED oIL-Hul
refined. spot SIS. - ,,,.,t.,.,, c.,.,,... ~.
I'D "a LINSEED OIL 36s Ga. HOPS
T.l,sN q i0saH l5s. SPERM OIL, f25 los.
pttTR0I EUM-American refined nd. spirits.
~ = TLITOW-Austraian. 40s TURPENTINE
SSHr,r,ts 81. ROSIN-American strained. Ia
type q. lis.
New-York tribune., 1915-03-25
Loco's Dividend Stays.

, 'y NJ" was something Of a surprise
.e. a. street in yesterdays action
u. american Locomotive directors
/. ,,,.1Sl'hg the regular dividend on
ts.s's'red stock. AS a result the
~ F, share advanced ia points
~ S common shares moved up 2, on
~ heayy trading for the latter.
~ as January of the current
s,i'. s company was reported to be
|a,,rs a. less than 80 per cent of
|si and there has not been any
,JIIVahge since that time of gen
IVA. .0.ie knowledge. Presumably,
e, 'ne directors had in mind the
!. iaue'uations Of business peculiar
|s. ~ ss'..IImotiye industry, and shared
r., 'ne public optimism over the
IA, prospects for the near future.
h G:19iy $iS7,5OO to pay each quar-
/ es,auehd on the preferred stock,
|SS Is no longer any Charles NJ.
4 Avn IN the directorate to oppose
(S,l,~ l~eht Of dividends that are not
earned. Mr.. Schwab retired
' board in October of last year.
New-York tribune., 1915-03-25
"Tbe Iron Trade Review" will say:
Big Russian Shell Order.

Nathaniel Curry, president Of the
Canadian Car and Foundry Company,
who was in this city yesterday, con
frmed earlier reports that this con,
Germ 90 r- had obtained large shrapnel
orJrr from the Russian government.
rho order, he said, would approximate
s90 O0O. 600. Part Of the contract will
he sublet to other companies. and, it
is expected that deliveries will be be
rnn soon at the rate Of 10000 shells a
New-York tribune., 1915-03-25
N~ York Centrars Surplus.

Hs annual report Of the New
- central & Hudson River Railroad
pshy now the New York Central
'Losa Company, there is shown for
!saf net corporate income avail
'of dividends Of IS, ,G66, ,672.3T. Of
AMOUNT S8,45S.Sg0 was actually
oI IN dividends, leaving a sur
I" profit and loss of $2O5, 1883,
=. sone small appropriations were
.Gf Miscellaneous purposes. The
,S,a ,S, payment compares with S11,-
!. 80 80 IN the preceding year, and
!. ~i'repancy is explained in q foot
''99oWing that only three quarter
--,.leaas were paid out Of the 1914
,..5g, r5sgs, letylng the fourth to be de-
oy the successor company and
,,@'luy 10 come out of the 1915
.s'-ss' or else out Of the accumu-
\, .selpius. Il the company had paid
s.Ndends in 1914, as it did in
~ i,aas'ead Of the surplus Of about
1. ~ y after dividends there would
'seh deficit Of about S2,500,00O.