Newark evening star and Newark advertiser., 1915-04-07

March sales OF Cne Il. w. NOOt-
worth Company totaled s5,777, 1894, a
gain of s6sS. S.652, of 1912 per cent. over
last year For three months sales
have been $14,541, ,4s6, a gain of $942,-
1888, or 6.93 per cent.
Twenty-Five shares of the common
stock of the J. G.. Brill Company
changed hands at auction yesterday
at IS q share. This compared with
$50, the last previous public sale, on
March 2, 1914. Twenty shares OF
Harrison Brothers & Co., preferred,
sold at 5O14, compared with 40, at the
last previous public sale in July, 1913.
The Federal Reserve Bank Of Phila-
delphia is having a gallery built in
the building 1t occupies, so as to ac-
commodate the extra clerks which
will be required when the institution
begins the clearing and collection OF
checks of member banks, which, 1t is
expected, will be in the course of the
next two or three months.
The Federal Reserve Board at
Washington issued a denial yesterday
that 1t had participated in or been rep
resented at discussions before State
legislatures regarding pending bills
authorizing national banks to act as
executor or trustee. The board de-
clared that its activities had been
confined entirely to a public state
ment of it's position in favor OF legls-
lation of that character.
Report that the American Locomo-
tive Company had secured contracts
| for about $4,000, 900 worth of war
contracts were denied at the COM
panys Office. 1t was said that orders
were being sought and would be a
| valuable addition to business, as their
railroads are still keeping out or the
| market for locomotives. The aotual
| placing of the contracts is looked foI
shortly, although the possible total
| was not made nearly so high as the
| sum mentioned.
Stocks of heavy burlap are growing
scarce and they are being quoted
| higher as a. result. The demand fol
| these goods is active and 16h-ounce
| 40-inch goods were quoted here TO-DAY
| at &C. Some holders have withdrawn
| their heavy goods from the market
In anticipation Of still higher prices
In the near future. The spot sltua-
tion in the lighter-weight goods is moi
quite SO intense, they being in more
| nD6ral supply etio nv ~ -
price. On tn s-ounce 4o-inch burlar
4.s0c. is quoted, while on 8-ounce
goods, in the same width, 4.S0c. to &c
Is asked, with the latter figure the
| more indicative of the market.
The annual meeting of the Eastman
Kodak Company of New Jersey was
held yesterday in the office of the New
Jersey Title Guarantee and Trust Com
Trust, in Jersey City. No annual re-
port was ready, it was announced, be-
cause reports from foreign offices hat
been delayed on account of the war
| It will be at least ten days before
this report is ready for the printers
resolution was passed recon-
mending that the board of directors
which will meet next Tuesday, rear
range the basis for giving wage divi
dends to employees of the company.
Net operating profit of the Ray
consolidated Copper Company during
l1914, according to the annual report
made public yesterday, was $2,316, ,240
which compares with s2,497,419 fol
. the previous year. The net profit
which includes other income, amount.
ed to $2,395.6 .623, equal to $1.64 share
on 1,454,929 shares, compared with
$1.S4 share earned on 1,45O,553 shares
In 1919 ..-.....-.-