davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
BOSTON & MAINE RAILROAD
Boston, Mass, August 10, 1915.

Boston Mass, Angus 49,, 1915
To the Noteholders Of the Boston & Maine Railroad:
TMh holders of notes due September O. 1916 are a to- extend these notes to Manh2 1916 on the follow
ing tm&
~ ANY HOLDER IF NOTES MAY EXTEND THE AMOUNT DUE THEREON UNIT
MARCH g. 1916 WITH INTEREST DISCOUNTED AT THE RATE O So PER ANNUM, OR
N ANY HOLDER If NOTESM MAY EXTEND sWS OF H AMOUNT DUE THEREON
o H TERMS STATED ABOVE N MA RECEIvEN EXCHANGE o H REMAIN
1872 IT PAR FLAT WITH OCTOBER 1 l9N1 COUPON ATTACHED, OF WHICH NEHALF
WILL BE NoTEsC CONVERTIBLE A H OPTION o THE HOLDER PAR o PAR, MTG
MAINE CENTRAL RAILROAD COMPANY CAPITAL STOCK UNTIL OCTOBER /, 1918, AND
THE REMAINING ONEHAIF WILL BE NONCoNVERTHLE. NoTEHOLDERS WILL b
PERMITTED TO INCREASE o DECREAsE THE PERCENTAGES OF "EXTENDED NOTES"
AND # MAINE RAILWAYS COMPANIES NOTES % AZ To OBTAIN EVEN MULTIPLEs
o ONE THOUSAND DOLLARS.
During the sdy year ending June &c. 1915 strict economy and with the partial benefit of increased
and gM rates recently granted the road wSs able Notwithstanding decrease in operating revenue
OF Ir923B to come within about, S&4NWO OF meeting its fixed charges, as agant a hct oil SR0tN2
for the PREVIOUS year While this improvement does .t remove the necessity of Reorganization it strengthens
our belief that ia consolidation with the Leased Lines can be effected on equitable terms a financially strong
corporation will result which will be to the greatest advantage of all
If granted, the extension of YOUR notes now asked for will not in any way diminish your security as no
mortgage can be placed upon the. pOpey without securing your notes, and it willie be the management to
Maine Nosw who's accept Plan No deMe notes of Maine Railways Companies in excess of theirs allotment
OF 1908 they may be permitted to increase their holding of Maine Railways Companies Notes and decrease
their Boston & Maine Notes accordingly, from any of such notes remaining in 1.-THE Treasury. In case of ap
in excess the amount of notes available aometw will be made as hr@ practicable upon pro-
RATA as
Acceptance of the above offers are to be constructs conditional upon action by the Directors moi. later
than September 1915, declaring" thu. plan of extension effective
NOTEHOLDERS Arr REQUESTED o INFORM H OLD oil TRUST COMPANY. II
COURT STREET BOSTON. MASSACHUSETTS, BEFORE p NJ FRIDAY. AUGUST "a 1915 WHICH
o." HI BOyE ALTERNATIVE OFFERS THEY ESPECTVE DESIRE 7 % accept n TO
STATE IN THEIR LETTERS GIVING THIS INFORMATION HI NUMBERS DENOMINATIONS
AND DATESO OF MATURTY OF HI NOTESH HELD BY THEM. NOTEHOLDERS WILL SUISSE.
By order Board Of Directors
III HUSTS. President
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

The Brooklyn Rapid Transit Company,
with the approval OF the Public Service
has awarded TO John Tha'ch-
err a Son. lowest bidders, a contract for
building eight new stations made neces-
sary by the third tracking of the Broad
way elevated line in Brooklyn The
stations are all between Havemeyer
street and East New York, The con-
tract price is $S20,3 2j.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

LoNpoN, Aug. 20-Prices were easier
to-day on account ~ advlces OF German
successes against the Russians, The
war loans were heavy, The loan MAS
quoted al 977s, despite the smaller dis
counts. Gold shipments To New York
are looked for. American issues were
HAT because of the t%orpedolug of the
Arabic.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
BONI)s
THE CHICAGO MARKET.

CHICAGO. Aus 2o.-The market was
under considerable pressure early. with
final prices showing "A substantial recov-
cry. Sears-Roebuck was very active
on the setback. Chicago Pneumauh
Tool and Union Carbide were well sup
ported, Other issues held steady, No
particular interest in the bond list. The
SuONmuIV.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
THE BOSTON MARKET.

BosToN. Aug. 20-Prlces for copper
shares held fairly well early and later
there was noticeable hrmness through
the list. The close was generally above
the low prices with trading in fair
volume American Telephone and Tele-
graph and United Frui; were inclined
TO weakness. They were more active
than usual. There was little trading
In railroad shares. The
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

we're Designated bv lot for redemption at
the ONCE Of the Central Trust Company II
New York on the trst day ~ Sep'eWhet.
1915. at los per centum on the par value
I'm accordance with supplemental Deed Of
Trust Of February 27th, 1854
Interest on said bonds wt, cease on the
DAY named for redemption.
New York, August 9Th, 1919
T. l. SMITllERS
for Henderson Brilg- Company.
CHAS L HUMPHREYS,
of Central Trust Company Of y. Y.
HEREBY CERTIFY that the above
numbered bonds we're drawn az stated,
Witness my hand and seal this sixth daS
of August, 1913,
Seal w II SMlbl'
Notary Public. New York County, No. S6qs
New York County Register No. 6i57.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
THE PHILADELPHIA MARKET

PHILADELPHIA, Aug. 2o.-The stock
market here was reactionary throughout
the session. Cambria Steel was steady
and moderately active, while Electric
Storage Battery and Lake Superior Cor
poration were fractlonally lower. Bonds
were steady with .nly II moderate vo,-
ume. The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
DINIDESDs AND INTEREST.
THE AMERICAN GAS COMPANY
MrsI Washington SuMnTe.

I-UIe.p NII- IN, AUG y, I3I0-
4 quarterly dividend Of Ia. e, or tl,Ti
per share, has been declared on the capita
stock 81 this Company, payable Sept, let
1915, 20 tho stockholders Of record AT three
O'Clock y NJ Aus. lSth, 1915. Checks viii
be mailed.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
These navy orders were issued:

Lieut., Il q. Girrn, from Washington
navy yard to New YORK Sh phui'l|nE Com
pany, and on board the Washington,
Lieut., =, W. Miner from ruIamaud 81
the Biddlc to Portsmouth yard.
Lieut., G, W. Mtgruier, from naval oh
servatOry to the Jenkins
surgeon II, u linty 10 naval hospitaI,
Puget sound, Wash
Surgeon W. :. II en-, from the Coloral"
to the ~, Louis
Passed Assistant Surgeon + Hu'l,
from Ndyal Hospital, rugr, Sound, to wait
orders at Washington, u g
Assistant Surgeon j, y nrua't VI Il
g, 10 naval medical school, Washington.
u G.
Passed Assistant |raymasr,r \ .
Hearne, from Portsmouth, \ II, to wait
orders,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
TIE PITTSBURG MARKET.

PrrrsRrad. Aug, 2o,-Columbla Gas,
Pure o.. 'Pittsburg Coal and Westing-
house All P-aKe were the fctlvi Local
stocks. Westinghouse declined Ia
POINTS. Prices elsewhere showed little
change. The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
HENDERSON BRIDGE COMPANY

SINKING ISL.
THIS Is TO CERTIFY that AZ a drawing
held this sixth day ~ August, 1918, in oar
presence. at the once OF the Central Trust
company of New York at eleven O'Clock 90
the morning the to.uwiuE sixty eight
bonds Of. the HENDERSON BRIDGE
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
BUSINESS TROUBLES.

-pradstreet's" reports 500 business fail
vr.s In the United States during the week:
against 2y3 for the previous week and
weeks Of 1914 10 1914. The Middle states
had II; New England, rs; southern, SO;
Western, 10; Northwestern, 20, and Far
Western, 80. Canada had 40, against IS
Tor he preceding week.
About 90 per cent. OF the total number
" concerns falling had capital OF less thsn
I 900. and 4 per cent. had from $1,000
10 $4,000 capltaL
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

LDST-CeriiHgdte No. A.07Ss for 20
shares Pressed steel car com. stock, finder
please notify MARY 4. LOWER. New
Bethlehem, Pa.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
S and stocks were
Interior stocks and receipts were:
THE BALTIMORE MARKET.

BALTIMORE, Aug. 2o.-The stock mar
let here was extremely dull. n
we're steady on small transactions The
summary;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
WEATHER FORECAST
Washington Predictions for
To-day and Tomorrow.

For eastern New York, rain to-day, TO-
night and tomorrow; southcriy winds. In
crcasing tonight.
For New Jersey and eastern Pennsyl-
vania, rain to-day: partly cloudy In south;
rain in north portion tomorrow; southerly
winds. increasing tonight.
For southern New England. increasing
cloudiness to-day. followed by rain to-
night; rain tomorrow. southerly winds.
increasing tonight.
For northern New England. fair to-day;
rain tomorrow; moderate southerly winds.
For western New York. rain today.
strong northeast winds, possibly moderate
gales on Lake Erie, partly cloudy In west,
rain In east portion tomorrow.
NEW YORK Anh. si.-The storm which
caused havoc on the coast Of Texas moved
northeastward and was central over south
eastern Missouri and southern Illinois yes
terday. attended by heavy rain and brisk
to high winds.
Low pressure prevailed over the central
and Southern states and over the south
west aud plateau states. but generally hisn
elsewhere, although in Irregular forma-
ton.
II was warmer in the lower Mississippi
valley anyl east Guif states. but cooler In
tho Southwest.
In this city the day was fair. little
change In temperature; wind, light north
east, average humidity. 81 per cent /;
barometer. corrected to read TO sea levei,
at \. NJ, 5000; T. NJ, 3O:oL
The temperature in this city YESTERDAY. ~
recorded by the official thermometer, Is shown
In the annexed table:
1913. 1914 1915. 1914.
Nj, .9g'' ISa::I GEM =. ="
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
Petitions In Bankruptcy.

BERDrCHowsKY BRos.-Petition in
bankruptcy Med by creditors asainst
Israel and Philip Berdichowsky,. WHO
81 business as the Crown N,ekwear
Manufacturing Company. at 400 Broad
vay with a retail Store In San Fran.
20 called the New York. Department
S.re Judge Mayer appointed Il. W.
Il Brown receiver, bond, &l'oOo' Inc
receiver may carry on ensiSess TOR
60, $4,000. consisting Of stock and &C
counts here. $4,000, and stock In san
tnr,ise" $1,000 Ths 5 Sto' bo5s p'E the
So Francisco business in February,
i'i5, from the san Francisco Board or
Trade for $1,000, part cash and part In
H~ENpIETTA u. PAGAN. theatrical per
former. formerly Of 1875 West Forty
',he White Rat ciub. 22s West
'Hrfy-siNth street, filed a petition In
b'r"ruptey, lab!l,ieos, al,ItE; assers
80 wh.ch is exempt, and u half inter
ct ia q claim against Louis fincus, for
,h9 ]JndSinfnL wws Wa ,S Sp'a ASIDE and
A GREENsPAN g. SONS, manufnc,nrcr'
.t.on IN bankruptcy by creditors the
rrm made m Assignment on August lb'
Bankruptcy Schedules.
rrrrlT SHARING GROCERIES CoRPO'
tATION, 1905 aud 1917 Columbus ave
nlc schedules .h.w liabilities OF 'lo''
H.u~CH Il COHEN, furs and gowns, lo'
West Forty second street, schedules show
.lu.G'Io. Of tll,534 and assets OF sl,sO'
~c.u,TEIit Nrw YORK PAPER COM
lNNN. INC so Great jones street, SEIZED
..,- show liabilities Of S6,92S and asset'
q E2.dSS.
Assignment.
IlHNNRD d PR~ICE-Ahram <, Price ant
Grs.Ir PRICE. also known ~ tlsslr Sll
.~r-f.iu, trading under the name or Der
f.t|I n Price, munutactu rerr OF women
o.. wear. 1917 Flfth avenue. Assignment
, Uruitmin II Grellcr The business
y started IN 1910 by I'ernard ID. Price
"Np dl'd IN March, l3i2,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

as he numbers of the lgs bonis, Issued
under the trust deed Of the Chicago y
Western Indiana Railroad Company date!
December lSt 1882. 20 he redeemed, BY the
operation OF the sinking Fund on sept. 1T
nCNt, At the onIte OF Nsssrs. J. y. Morg an
& co, New York, at l05 and accrued inter.
est to that date. Registered bonds should
he accompanied hy a ppW,r OF attorney
Transferring them L. bearer.
CHARLES II. RUSSELL. lTrustee.
HERBERT l.. SATTERLEE.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

Rec.ipts from customs yesterday, sISi,bs2;
internal revenue, ordinary, sl,NtSb3A corpora
lion tax. Sds. 9fA; miscellaneous, ttl'O9s
Nstinnal bank notes received for rodemp'
tioU. 81 5jl,h3a. ~ ~
Tine cash sia,emen, OF the United States
Treasurer for August - shows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
B.TREASURY STATEMENT.
Il Y

paid by Suh-Treasury to banks. 81, 7l9, 900
paid by hanks to Sub-Treasury. 2,763, 900
Loss 10 banks on days trans
actions ACKNOWLEDGEMENTS, $4,000
SINCE FRIDAY LAST,
Paid Icy Suh-Trcasury to banks fls,579, 900
Paid by banks To Sub-Treasury. 1850 900
Gain to banks. .,..,,.,.., VI, 900
Gain to hanks same period pre-
yious week ..............,... i.sSs.ooO
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

Spot cotton at New York was quiet.
5 points advance. Middling, 9.iOc.
Southern spot markets were unchanged
10 10 points higher, with New Orleans
s.o7c.. Savannah size. Augusta s.3sc.
and Memphis sc.
The New Orleans market closed
barely steady. Prices Were:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
IMPORTS OF

The imports Of dry goods and general
merchandise at the port of New York for
the week ended August II, as compared
with the previous week and the correspond
ing week Of 1914 follow;
Week Previous
August ~, week 1874,
Dry goods s. O?i,c9s S2,iis,iS is52, 1875
,ien. mds. l2,3N+S3T lIp7s,Ssj li25S, 22s
Totals .,lt,tOs,6S SO s9O,l2s, $40 1lG,2lI, Ss3
From January !;
Previous
August IL week,
Dry goods....... s7t,7 @9.G.9 t73.70G S3l
GEN. merchandise 42S 7S9,106 4ll,i05. ass
Totals .,...,.. S+99,5is,335 tts5,llO, 100
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

New York wheat prices were;
Open. High- Low. Clos
ing. est. est. ing
September. ........., .... ... .... ll3'7
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
REDEMPTION NOTICE.
Chicago & Western Indiana Railroad Co
GENERAL MORTGAGE BONDS.
Trustees Office, Room SO 18th fioor),
Mills BtAlding.

New NOrk. Aug Y, I4IJ.
The Trustees have this day designated,
~ Ia, .ha f,lnuIug.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21
DAILY TREASURY STATEMENT.

WASHINGTON. Aug, 9-The statement OF
the receipis and disbursements of the Treas
August - This me Fiscal yr.
Receipts amman. Si.9js. ios So. lsi. in0 So 80 6l6
ID sbursements. 8,li2.667 t2,s07, Sol III, 2si,66g
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-21

The Liverpool market opened quiet.
There was a fair demand in spot cotton.
with middling . points decline at 5.42d.
Sales, 5000 bales receipts, none
Prices at Liverpool closed quiet.
Open. High Low Clos Prev.
ing. est. est. ing. close.
o. Now. b.4jta 5ls 5Ns 62sie 5.illz
Jan.Feb....... 5.5s 5.5s1 so b53 557
March April. bss 5.6s $50 SCI 5.6
Eleven A. NJ. bids to Liverpool were 4:
October, 9.29c. January, 9.7lc. March,
e.e2c. The market there Is due 10 open
to-day . TO 2Is points higher.
Receipts and stocks were:
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
VAN YORK COMING
To Appear With Hans Kronold and
George Sutton, March 23

Those who were fortunate enough
to gain admittance to the Van YORK
Angelus recital given in this city about
one year ago, have never quite fonso,.
ten the treat, and the announcement
of a similar recital in Technical High
school auditorium next Tuesday even
ing, has created more than ordinary
interest.
The reputation of these artists is
sufficiently well known in this city
from their former recital which
crowded Tech High to the limit Of its
seating capacity and the fact that
George Sutton, a very pleasing Harris
burg baritone, will assist as soloist,
makes the event doubly attractive.
The purpose back of these recitals
of which this is the fifth, is to ac-
quaint the public with the wonderful
possibilities of the Angelus as a
musical instrument, and to convince
any mind no matter how skeptical,
that Angelus music is personal music
and not "canned" as such music is
oftimes termed.
Reserved seat tickets will be fur
nished free to all who make applica-
tion next Monday and Tuesday at the
J. II. Troup Music House, 10 South
Market square, under whose direction
the recital will be given.-Adv.*
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
SAYS GERMANS LOST $4,000
MEN At NEUVE CHAPELLE

London, March IS. II A. M-The
village of Neuve Chapelle. converted
into shsmbles by the bombardment
of the British, now is heap of ruins
thickly strewn with bodies. according
TO the description of the British op-
erations in that region written by an
'eyewitness and given ont to-day
by the press bureau.
At the end of March 10 the bodies
of 1000 German soldiers had been
found in the section south of the vii
lage. In front of one British bat
TALON, east OF the village, the state
ment asserts, 500 more were counted
which did not include the large num-
Der buried in the ruins OF the village.
Prisoners who have been all through
the war declare that never have they
experienced such bombardment as
that which preceded the assault upon
Neuve Chapelle. One wounded Prussian
officer declared Indignantly "you do
not fight. you murder. Ny regiment
aever had a chance from the first.
Nothing could live under such a fire. -
One officer stated that three Ger
man princes, including Prince Leopold
of Hohenzollern, were serving in one
OF the battalions at Neuve Chapelle
This prisoner expressed the belief that
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
The Sleepy Eeyptian

Egyptians can lie down and 90 to
sleep anywhere They look around un-
til they fndsa particularly busy place
in the street where there is a patch of
shade, wrap dusty cloth around their
faces, curl up and peacefully glide off
into a sdreamless sleep. In walking
along the street one has to be careful
of every splotch of shadow that he
comes to for fear of stepping on a ma
tive s face. Even when you DO step on
this usually sensitive part of the anat-
omy they merely sit up, yawn thank
fully that you are a medium sized man
and lazily turn over on the other side.
AS soon as an Egyptian finds out that
a person is an American his first breath
less question is, "Will there be many
Americans coming over this winterf'
High and low, merchants and donkey
boys, they ask the same question, for
half of Egypt lives on the tourists, and
the greatest number of these are from
the United States.-Homer Croy in
| Leslie's.
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
TURKISH REFUGEE REPORTS
panic IN CONSTANTINOPLE

Geneva, via Paris, March II, 11.9 5
P. M.-Thirty wealthy Turkish FAM
lilies, some of the women still veiled,
arrived in Switzerland this week by
way of the Austrian Tyrol. Their bag
gage consisted chiefly of valuable Jew
el eases. A white-haired Turk, who
formerly held high government posi-
tion said:
1.-The allies attack on the Darda-
nelles has caused a panic in military,
political and financial circles in Con
stantinople. This was perhaps the
greatest surprise of the war, especially
for our kindly German directors and
our little Napoleon, Enver Pasha.
Learning on March that all the
armies on the frontiers had been re.
called to Constantinople, 1 did not
wait for the inevitable anarchy. but
left with my family, like many of my
friends
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
A Matter of Distances

Why did Homer call the Dardanelles
"broad' = or ''boun less, although at
the point where Lsander and Byron
SWAN it the breadth is barely a mile ?
Byron s comment is very neat: ''Tho
wrangling about the epithet. the broad
Hellespont, or the 'boundless Helles-
pont, whether it means one or the
other, or what it means ait all, has been
beyond all possibility of detail. / have
even heard it disputed on the spot and,
net foreseeing speedy conclusion to
the controversy, amuses myself with
swimming across it in the meantime
and probably may again before the
point is settled. Probably Ho-
mer had the same notion of distance
that eoquette has of time and when
he talks of boundless means half a
mile, as the latter, by like figure,
when she says eternal attachment, sim
ply specifies three weeks. London
Spectator.
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
GRANGE VIEWS ON bills
Farmers Organization Gives Its Ideas
Regarding Legislative Measures
That Are Pending

The legislative committee of the
State Grange has announced its position
ON number of bills now before the
Legislature, in statement issued. as
follows:
lin the schedule of weights and
measures in the law of 1918. known
as ;de commodities law. we find many
of the weights therein designated are
unjust and incorrect, and it is not prac-
teal to sell some fruits and vegetables
by weight.
I'VE favor the amending of the law
so that fruits and vegetables may be
sold by standard dry measure. The
weight of lime should be so pounds, in
place OF 20 as now in the law.
THE Pennsylvania State Grange
has for many years advocated local op-
tion, and. as the Governor is now adyo-
eating the enactment of a reasonable,
fair and Just local option law and is
deserving of our support and assistance,
we extend to the Governor assurances
of our active cooperation i'll attempting
To secure the enactment of sucn law.
Through the State, pomona and
subordinate oranges, campaign will
be Immediately instituted to the end
! that public sentiment favUrins such
law may be impressed upon the Legis-
lature.
In the matter of the repeai of the
! full crew law we do not feel sufficiently
acquainted with railroad to pass intelli-
gently on the merits of the case, hut
are unanimously of the opinion that if
| it be repealed that such repeal should
be conditioned that the railroads re-
store the former freight and passenger
/ rates.
1--WE favor amending the present
cold storage law to the end that the
time goods can be in storage should de-
pend on the quality of the goods when
taken out, aud not ON the length of
time in storage. We favor more cold
storage houses throughout the country.
1.-The sheep industry in our State
! has been nearly destroyed by useless
/ dogs, and we favor more stringent
! dog law, and belie-e the bill drawn by
the Washington county committee TO
further the sheep industry is in 'ine
I with our views.
The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1915-03-18
LARGE war ORDERS Still
HELPING THE Steel TRADE
The European Governments Are Buying
Months Ahead From Industries in
the United states-structural Or
ders. However. Are Small q

New York. March 1S.-EuropeaH
governments are still buying heavily in
the steel industry. and war orders are
a big factor in the trade. The "Iron
Age says:
''Trade due to the war is inereas-
ing. and some of the European govern
ments in their negotiations here appear
to be looking months ahead. France
must get much of her steel from the
United States. The Steel Corporation
has just sold the French government
5000 tons of girder rails, 5000 tons
of l6-pound rails for portaoie track
and 5000 tons of steel ties. Barb wire
has been sold in the last week in con
siderable lots for export, anud negotia
tions are under way for $4,000 tons
OF shrapnel steel for one government.
There may be some exaggeration
of the extent to which iron and steel
and metal working operations are based
upon war demand. but in machine tools.
particularly lathes and all turning ma
chimes. the purchases for Europe have
turned depression into prosperity for
many concerns. Six months orders in
these lines have run into millions OF
dollars.
"While March thus far has put new
business ON the books of most steel
companies ut somewhat less rate than
that of February, the scale of mill op-
erations has heen encouraging, For the
whole industry it is around GO per
cent, and for part of last week the
Steel Corporation 5 steel ingot OUTPUT
got above 90 per cent
''The Bridge Builders and StructGr-
al Society reports that business taken
in February amounted TO 80 per cent.
of the country's s capacity, and this has
been the average of the months since
July.
The railroads have figured IN a
small way IN the new buying OF the
week. The Burlington has added
5000 tons 10 its rail order, and TIE
Maine Central contract for $500 tons
has gone TO the Pennsylvania Steel
Company. The Santa Fe has bought
500 cars and the Burlington so loco
motives Pending locomotive inquiries
are for S5.
Wire mills have made further ad-
vance of So ton on galvanized pred
ucts. All wire operations are ON the
largest scale in months.