davidaulloa/AmericanStories huggingface dataset:
Pine Bluff daily graphic., 1915-10-06
New YOrx Cotton.

New york, oct. 5.-There was
 another sensational advance in cot tcn mCarket today, first prices being firm and some 24@37 points above Hast nights closing figures, with De- cember selling at 1292c, January
 |1aO9c. and March at 13.35c on the
 cali, A big advance in Liverpool, com
 binsd with an unfavorable weather.
 map showing further rains in the south and frost as far down as
 Oklahoma City, increased the aggres-
 siveness of bullish sentiment created V. yesterdays small crop estimate,
 and thsre was heavy general buying
 on the advance to new high records.
 Realizing was also heavy, however,
 and prices eased, off some or 10
 points from tire best shortly after
 the opening. The early reaction of g or 10 points
 was followed by even greater firm ness later in the morning with active
 months selling 40@46 points above
 yesterdays closing figures, or up to
 l3c for December and 13.20c for Janu- afy.
 l Spinners were reported to- be buy ing December on "a. mere active scale
 than previously on the advance, while frost predictions and reports that Southern shippers were offering very little cotton helped the upward move
 ment, which carried prices fully sS.5O per bale above the low level ot last Friday.
 The market eased 17 or 20 points from the best during the early after
 noon, with January selling back te 12.9Sc under heavy profit taking and some local selling fer reaction which seemed to be encouraged by l 'the earlier ruling of the stock market and the rapidity of recent advances Cotton futures closed steady. The range:
Pine Bluff daily graphic., 1915-10-06
HOW TO BE EFFICIENT.

Nothing saps the vitality like kid ney trouble. It causes backache, headache, stiff joints, sore muscles, ,"alWays tired" feeling, rheumatism and other ills. To be efficient, you must be healthy. Foley Kidney Pills Strengthen the kidneys, help them do their work of Altering out from the system the waste matter that causes the trouble. Mann Pharmacy.
Pine Bluff daily graphic., 1915-10-06
7exaQe 41de1gieh Sick headache, biliousness, piles and bad breath are usually caused by inac- tive bowels. Get a box of Rcxall Orderlies. They act gently and elfec- lively. Sold only by us at 10 cents.
 Bedell's, The Quality Store.
WARNING ORDER.

In the Chancery court Of Jefferson county Arkansas.
 Claud Clegg, trading as Claud Clegg and Company, plaintiff, vs. Mrs Laura Springer, ct al., defendant. The defendant, Jeanette Chartrand is warned to appear in this court within thirty days and answer the complaint of plaintiff, Claud Clegg, Irading as Claud Clsgg and company. Given under my hand and the seal of said court this Fist day of Septem- Der A. D., 1915.
 F. M. REEVES. Clerk.
 &. K. Vaulx, D. c.
Pine Bluff daily graphic., 1915-10-06
HOW AN ENGINEER KEEPS WELL.

Railroad engineers are more expos ed to catching cold than other work CTS. B. c. Dunaphant of Monette, Mo-, has run a Frisco engine 9 years and all tie medicine he had taken is Foley's Honey and Tar. He writes: "I always keep it in my house and recommend it to all who have bad cough or cold" Mann Pharmacy.
Pine Bluff daily graphic., 1915-10-06
St. Louis Live. Stock,

St. Louis. Oct. 5.-Hogs-Receipts 5000; higher; pigs and lights, $6.50@ S.93; mixed and butchers, $7.S5@S.35; good heavies, $7S5@S.20.
 Cattle-Receipts, 6,0O0; steady to slow; native beef steers, $750@10.25: yearlings steers and heifers, sS.50@ 1000; COWS, $6.00@S.00; stockers and feeders, $6.oo@S.25; Texas and Indian steers, $5.25@S.S5; COWS and heifers, $6.00@6.50; native calves, $6.O0@ HOO.
 Sheep Receipts, 1,500; lower; lambs, $S.00@9.O0; sheep and ewes, $500@7.75.
Pine Bluff daily graphic., 1915-10-06

FOR SALE BY OWNER-LOTS IN Forest Park Addition, on small monthly payments. Special terms to parties intending to build homes. These lots are a short distance from car line, desirable for build- ing or as investments, and several have jVSt been sold. Before the best are taken See V. B. Alexander at Peoples Bank. Phone APO.
Pine Bluff daily graphic., 1915-10-06
Chicago Grain.

!, ohicago, Oct. 5.-Bullish cables EvI n,ioa to fresh upturn today in the |Mnc-t markee hcre. Liverpcol report EEu pflces advancing and British mil KITS ESs anxious. Besides, estimates of En ne trench crop shortage were raised EU 1Vo'ooO,OOO bushels. The opening Eo "1oa n varied from unchanged figures 6oo % A1c higher, with December at 9S@ 1u, ov,o ana May at 99@99 3-Sc, was fol- EI"sa Eo"; oy a slight reaction and then a
 ''utaed general advance.
 ard t,eports of freezing temperature
 n,. efcp camage in Nebraska and |o"a put strength into corn. There
Pine Bluff daily graphic., 1915-10-06

not found any1.reliefE. f. until Hobo Kid ney Medicine was reconlmended tt me by d ffpiend of mine.s@ %After2ta ing this medicine a short time found relief 1 am sound and well ant can recommend it to any one tha has Kidney or Bladder trouble.
 Respectfully, (Signed) HENRY RAGLAND All druggists,
Pine Bluff daily graphic., 1915-10-06

FOR SALE-THIKTy ACRES ON Sulphur Springs pike right at the best school in county outside Pine Bluff, good five room residence, number well built out buildings, fifteen minutes from city by awo, ideal country home, truck farm and
 chicken ranch. J. F. Cady, 127k
 Main street. tf
Pine Bluff daily graphic., 1915-10-06

FOR SALE-MODERN COTTAGH;
 four rooms and bath, almost new. in good neighborhood, near Cotton Belt shops. Bargain on terms. See or phone Hollis Real Estate O., phones Nos. Z and I12. U
Pine Bluff daily graphic., 1915-10-06

FOR RENT-ONE FOUR ROOM AND
 one five room cottage; good condi- tion; modern; close in; rent reas- enable. Apply 515 West Second, UT
 phone 661. tf
Pine Bluff daily graphic., 1915-10-06

FOR SALE CHEAP-ABOuT 50 FEET feet of perch balustrade, complete and in good condition; four large porch columns. Two complete slid ing folding doors, five feet wide, and 2500 feet of second hand 6" bfvel siding. All in good condition
 and will be sold cheap for cash or on time. Geo. M. Wells, phones
 42S, 121. 10-6-6t
Pine Bluff daily graphic., 1915-10-06

FOR RENT-ROOMS FOR LIGHT housekeeping, furnished or unfur- nished; close in with modern con veniences, 316 West Pullen, for
 Phone 2029. S-24-lm
Pine Bluff daily graphic., 1915-10-06

WANTED-WHITE WOMAN COOK and housekeeper for two weeks;
 small family; i'll country, good hoe. Call phone 9o32 9-30-5t
Pine Bluff daily graphic., 1915-10-06

LOANS WANTED-IF YOU WANT to borrow money, buy or sell property see or phone Hollis Real
 Estate Co.,, 1231a Wesu End Ave. Phones Nos. 2 and 112 If
Pine Bluff daily graphic., 1915-10-06
F o K aE N T.
 c. S. M N E w
i,!x PINE SrREnI pv,I

i,'x PINE SFREnG PHUNE 97l S2o Texas, rooms, lights, city wa
 ter --------------,-------- % 5aO Beett, rooms and hall, mod eIn ------~---------- -----~----$2O.0 l1o3 F. 3rd, , rooms, modern---$15.O LEI Oak, rooms, gas and city wa
 ter 5000 Sl3 w. 12th. 5 rooms, city water $500 l4O6 E. 9th, ) rooms, modern--$ $20.00 10l4 w. 3rd, rooms, modern $13.0O 6th and Ohio, rooms and hall, good out building, strictly modern. lll4 W. Barraque, 6 roomc, hall, mod ern in every respect, close to car
 line ---------------------$22.50 l21 F. 17tn, rooms, hall, lights. gas, bath, sink in kitchen --------$12.50 l704 West 9th, , rooms -$12.5O l40S W. 9th, 6 rooms and hall, strictly
 modern and up to date; close to scnoOl .5O ll16 East Fifth, 4 rooms, city wa ter 1912 West Third, rooms, modern cot
 tage, lights, gas, Sbath--------$13.00 l21 East Harding avenue, rooms, excellent repair, lights, gas and
 
 15o4 W. 17th, 3 rooms. city wa IeT -------------------$6-J JU 1902 D. 5th. rooms city water---$12.5O FOO W. 9th, rooms s---------$16.O0 I404 w. End, IF rooms, two-s.ory. mO0ern ------------------- $30.0O 1921 State. ro~ms. modern, paved street.
 510 East End, { rooms, newly over- hauled, modern. close in------$25.OO 1902 Linden, rooms. city water. good repair -----r----. ------Sl0.O0 22ad and Main. 3 rooms. good we'll ------------------- $7.OO 2ard and Alanama. 3 rocSas. good well -----$4.OO 1905 D. 6th. rooms. city water. .3l2.5e 3 rooms. POS Georg.a, lishts. gas. 903 w. Second. rooms, hall modern; 7 will repair to suit teRant. .$25.OO 6i2 Beech st., rooms. modern $500 1212 Statc. 6 6rooms; fcity water $11.0O 510 E. 18th, 6 rooms, modern except bath; large garden spot. :. .$Iz.60 7O1 D. End, rooms, modern except path --.................. .42O. .OO 121 Georgia, 8 rooms, city water. close to business section :. .a12.50
 K o E SALE.
 20 acres ap1 up os, Dollarway road, $2.OO per acre cash down: 50 ceuta per acre per month.
Pine Bluff daily graphic., 1915-10-06

FOR SALE OR RENT-STORE AND house at Eighth -@nd Hickory
 streets inquire Ill Cherry or phone
 322. 10-1-6t
Pine Bluff daily graphic., 1915-10-06

WANTED -- A STENOGRAPIlER, must have business ability. Call Ill
 person. IL. k. Toney. 9-30-6t
Pine Bluff daily graphic., 1915-10-06
!. z, Hobo and Rag1and.

@-', ~ =e''~'' 'eTsE '-'' CottonTown, Tenn.
 Nov. 1, 1914 Hobo. Nj edicine Mfg. Co.,, Singer, La. Gentlemen: l have had Kidney and Bladder trouble for several years, and had
Pine Bluff daily graphic., 1915-10-06
Liverpool Cotton.

Liverpool, Oct 5.-Spot cotton ilrmer; good middling. 7.57d; mid ahns, 7.25d; ltVv middling, 6.77d; sales, 5000 bales; for speculation and |export 300 bales; receipts, 14,oov
 Fu ures steady; October, 7.19d; Octobsr-November, 7.13d; November 1December, 7.15d; December-January, 116d; January-February, 7.17d; Feb rrunaary1March, <7.1Sd; March-April, I2od; April-May, 72Od; May-June, 7'11a; June=July, 7.19d; July-August, ''l'a' August-Ss sptember, 7.O3d.
Pine Bluff daily graphic., 1915-10-06
F Q R $ 4 L E :.

FOR SALE-ONE FORD TOURING, cars, two Maxwell Touring cars and one { passenger Stude baker Tour ing car. Am closing out garage and
 Wlll sell cheaN. Louis Thompson Ill Main street. 10-6-6t
Pine Bluff daily graphic., 1915-10-06
w A N T E D

WANTED-lpOSlTI AS BOOK keeper or stenographcr, willing to
 start upon small salary. Address
 F. A. G., care Graphic. 1O-3-4t
Pine Bluff daily graphic., 1915-10-06

FOR SALE-ONE BAY MARE; FINE driver; good locker. About 161a
 hands nigh. Will sell for one-half her value. Enquire Froug Depart ment Store. 10-56t
Pine Bluff daily graphic., 1915-10-06

FOR RENT-ROOMS FOR LIGHT
 housekee ping or single room for
 rent. Apply FOG West Third avenue., 9-2o-dtf
Pine Bluff daily graphic., 1915-10-06

FOR RENT-A FIVE ROOM COT- tage at 909 West Third avenue; a new house and up to date in every particular. Terms to suit. Ad- dress or call. F. M. Roane, phone. 161. 9-29-et
Pine Bluff daily graphic., 1915-10-06
Marriage License.

License was issued yesterday by County Clerk. c. M. Nichol for the marriage of w. R. Zcrnes, 21, and Miss Bessie Smith, 19
Pine Bluff daily graphic., 1915-10-06
5 CLASSIE HE'D WA % <
 Brirg Resuils---Try Oap

FOR RENT OR SALE - MODERN live room cottage with bath and all @"er mod fiji conU Aienccs. One block from car line at 1918 East yehlh aVcnu#. Call at 12l9 East Sry nth for further information.
 10-2-6t
Pine Bluff daily graphic., 1915-10-06
st. Louis Grain.
St. Louis PrOduce.

St. Louis, Oct. 6.-Poultry-Un- changad, except springs, 12c; geese, Sc.
 Butter-Creamery, 2Sc.
 Eggs-23c.
Pine Bluff daily graphic., 1915-10-06
F O R E E N T

FOR RENT-NICELY FURNISHED
 rooms for light housekeeping. Ap- ply 509 West Fourth avenue. Yele- phone 2073. 9-30-6t
Pine Bluff daily graphic., 1915-10-06

o,"er mod rn c.nu Aienccs. One block from car liHc at 1918 East ; Hohlh avcnu# Call at l2l9 East Srv nth for further information.
 10-2-6t FOR l{E.-r-AT 609 WEST BAR raque at-eet two completely fur nlshed rooms, electric lights, gas a2d water, oil beautiful street. Also pleasant rooms on Beech street, furnished or unfurashed Phone 1b6i. 7-11-tf FOR RENT-TWO NICELY FUR nlshed rooms for light housekeep- ing, all modern convcniences; also one front bedroom. Good boarding houses close by. Apply. Apply 316 West Fifth avenue, or phone 875.
 10-3-6t FOR RENT-TWO OR THREE FUR pisheu rooms for light housekeep- ing. o09 West Sixth avenue. 8-27-tf LOST-SETTER PUP, 8 MONTHS old. r, male. White except black cars and few black spots. Return to Mackay Telegraph Go. Reward.
 9-30-6t
 
 LOST-WRiSF WATCH WITH INA" on back, on Sulphur Springs road Rcturnto Best theatre and receive reward. S2-6t
 -----. ----4- =t' STOLlfN-FROM J. II. PILKING- tons farm on the Dollarway, on September 26, 1915, one black horse mule, years old, 13 1-2 hands high weight about 800 pounds, rough shed, mouth brown, had on bell when stolen. A liberal reward will be paid for the return of the mule or any information leading to its recovery. J. H. Pilkington, R. F. D. No. f. Pine Bluff, Arkansas.
 10-3-6t
Pine Bluff daily graphic., 1915-10-06
FOR SALE.

FOX SALE,
 Four room house with hall, 1902 w. 10th. $25.O0 cash, bal ance $12.50 per month. See NJ. II. McCehee at McGehee-S Smith Lumber Go.
Pine Bluff daily graphic., 1915-10-06
New York COttOn,

stasa''. M,w York, Oct. 5.-spot cotton saeauy; sa1sy; mlddling uplands, 12.75c; Sales, 1,725 bales.
Pine Bluff daily graphic., 1915-10-06
REPORTS OF
 MARKETS COTTON-GRAIN-LIVEsTOcK

were t also predictions of more frost tohlgnt. After opening unchanged to l-tW5-Sc higher, the market hesitated d llttle and then began to climb
 oats sympathized with corn. Fluc- 'uaIlens, though, were narrow. ProVlslons followed the hog mar het upgrade. Packers were on rn- buying side, and there was a further sood cash demand for pork. Liberal buying orders that were ascrlbed to Wall street led afterwards 6 to additional gains in wheat but pfsssurs of Canadian wheat at Min neapolis brought about a reaction. me close was unsettled at 1M1 1-Sc advance, with December at 99c and May at $100.
 SloWness of Eastern inquiry tended later to cause a downturn in corn. The clcse was steady 3-Sc to 3-4c aDove yesterdays close.
 st. Louis Grain.
 St. Louis. Oct. 5.-Wheat-No. , red, $1.11@1.13; No. ? hard s1.O7.
 Corn-No. ?, 5Sc;; No. ? white, 59m 59 1-2c.
 Oats-No. 2, nominal; NO. } white nominal
Pine Bluff daily graphic., 1915-10-06

FOR REMT-TWO OR THREE FUR
 pisheu rooms for light housekeep-
 ing. 509 West Sixth avenue. 8-27-tf
Pine Bluff daily graphic., 1915-10-06

lOST-WRiSF l. WATCH WITH INA"
 on back; on Sulphur Springs road. Rcturnto Best theatre and receive
 reward. S-2-6t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
Filling the Empty Cars.

In the height OF the crop shipping
season there is always the melancholy
sspee,acle % crowded trains moving
last and strings of empty. or only
afty h.led, cars going West. To haul
snpiy cars Is for railroad dead
vas. Coal must be consumed, trainmen
tad others wages paid. and 80 on,
,Ssreiy 20 get the cars back 70 where
1ey can start again for the East. So
1st every ton Of freight a road gets
,aa' Is west-bound Is so much gained.
"a normal seasons the carriers have a
WOO traffic carrying Eastern manu-
,se'ures 10 the West, but II is only
an compared with the traffic that
r"es eastward Far more empty cars
ave the Atlantic seaboard than come
II Il is not altogether unsatisfac-
sV 10 the carriers. then, that the
mans Canal is closed for time, and
N freight charges on the govern
tes,-owned Panama Railroad are so
% mat there is chance OF much
s1me crossing the United States 20
e Pacific Coast which would other
~ % through the canal. and which
a,"a not afford the delay o. rounding
ss horl or sailing through the Suez.
!, Na is buying enormous quantities
munitions % war and other supplies
d ne United States. II the bulk OF
IN. sse must be delivered promptly, there
,m os some hsymaking by the trans
>'ounental roads.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
IT Might Have Been"

0f course. there was no dividend on
S,ssl common. Few really expected
one before January. BY not paying a
dividend on the common shares TINS
year the Corporation has put by little
nest egg Of nearly S21 100000 so far.
That e 20 say, % has enough in the
last nine months-six months, II the
deficit IN the first quarter be taken into
consideration 20 pay quarterly divi-
dend In January % II per cent three
times over without drawing on the
surplus % the December quarter at all
and without touching the surplus &C
cumuleted before this year How much,
however. ne. earnings increase In the
current quarter is something that no
one can estimate. The mistake made
in guessing figures for the September
quarter was 20 assume that the same
rate Of increase would be made month
by month IS IN the June quarter. But
while May had gained on April by
S2034I87 and June on May by S2.022,-
494. Iuly's gain was only s705l4s,
Aueust's ss208s1 and September's
Sq2t290
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
TOPICS OF DAY
IN WALL STREET
steel Earnings Less than
conservative" GuesseS
Made Them.
FORTY MILLIONS THE
MINIMUM EXPECTED
Var Issues Suffer a Chill at a
Hint of Peace Proposals to
Come from Germany.

y,s.erdays biggest news came after
81. stock market had closed-the Steel
r,-co-aror's earnings for the Sertem-
... ogsrtcr. 10 was more than a sur
.-..e. 10 wss shock Thirty-eight
--grors. seven hundred odd thousand
...s earned: forty millions, at the
least. was expected Some wild guesses
lad run 90 $4,000 900. but the general
.s,. IN the Street was that sal 100000
~ $40 100000 would be about right
vo+ even the bears on the stock had
..-.rred o. suggest less than $4,000
an and they wouldn't have been be-
$500 II thew had The statement was
sfock. and disappointment was so
gssr that thcre was no appreciation for
rbsr was really a good showing. Yet
E. cannot be said that the company -
s.i~- badly when II can show q surplus
sor he common stock running al the
,s.e Of I42 per cent for the year.
nespite the handicap Of the S53Ss,e6l
l.ecit in the FIRST quarter OF the year,
no SURPLUS Tor nine months was more
.har enough 20 have paid D per cent
Sici9erfs on the common stock IN that
,,-iod. There would have remained
ye53.6s1 20 help out on the dividend
for the fourth quarter. But without
,,v doubt the fourth quarter will run
,o-dserably ahead OF the third quar-
Ter 'ust reported Assuming that the
resul. wss no more than equal 20 that
Of the third quarter, the years surplus
would be equivalent 70 nearly 7l5 per
cont on the common stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
COTTON TOUCHES
NEW LOW LEVEL
Easing Up in Southern Spot
Markets Starts Selling
Move Here.

There was very sharp break in
the cotton market yesterday, WITH
prices making new low ground for the
movement, selling about 1913 a bale
under the high records for the season.
Prices held steady during the early
trading, when business was compare
lively quiet. but The gloomy view Of the
export outlet and an impression that
Southern spot Markets were turning
slightly easier inspired much more
general and aggressive selling. The
market became extremely active and
unsettled on the decline 20 l206c for
January contracts. Closing prices
showed moderate rallies, but still
showed a net loss OF from ia 70 %
points for the day.
The market opened steady AZ Q de-
cline % 20 4 points under few over
night selling orders. There seemed 20
be comparatively little pressure after
the big break OF Monday and prices
soon rallied on covering or buying for
q reaction. The bulge carried active
positions about 9 points over Mondays
closing figures. Offerings then seemed
70 increase and as prices worked lower
became more general with the volume
Of selling swollen by stop loss offers.
December broke 20 il.9ie, and March
20 l225c, 30 points under Mondays
closing and about or points under
the high level OF Monday morning.
The market then steadied on covering.
but sentiment was still more or less
unsettled Local bears figured that the
big break would bring in renewed lioui-
dation AZ the opening this morning.
The steadier early ruling OF the for
eign exchange marke. probably helped
the cotton market during the morning.
An easier turn In sterling was factor
on the afternoon break. There was
heavy New Orleans selling on the de-
cline, as well as spot house selling, ac-
companied by further rumors that ex-
porters were hedging against cotton.
which they found 10 difficult 10 ship
Immediately under existing ocean
freight and exchange conditions. Sell
Ing of this sort tended 70 color the talk
Of easier spots In the South, and the
New Orleans pressure here was sup
posed 20 reflect the situation In this
respect
The forecast for generally clear and
warmer weather for the coming week
in tho belt suggested more active
progress with ginning operations.
Many think that the next report from
the Census Bureau IL likely 20 test the
more radically bullish views of the
crop. Peace rumors reached the ex-
change. but were very little discussed.
Attention centred on the export out
look and the Southern spot situation.
Southern spot markets as officially re-
ported were unchanged 70 Is points
lower. Exports for the day were 3d.
S97 bales Range of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
Peace Hath Her Victories.

A hint that Germany was ready TO
make peace sent a chill down the splnes
y many traders. whose favorite issues
have most 70 profit by continuance Of
he war. Possibly II the United States
Vas not about 20 commit itself 20 a
policy % Preparedness, there might
nave been a greater decline in the war
lIoeks. As 20 was, the war issues fell
back no further than their second line
u Entertainments II Is the general
belief In the Street that II the admin
slrstion's programme for building up
ear defences gets through Congress the
runitions companies are bound to BEN
en-, because not much stock is taken
"a the notion that the governments
reeds will be filed by government
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-27
STEEL COMMON
DIVIDEND WAITS
Directors Delay Action for
Another Three Months
at Least.
FIVE PER CENT RATE
WOULD GIVE SURPLUS
Net Earnings for Three Months
Were S3S,710,644, Largest
Since 1918.

Any expectations that directors OF
the United States Steel CORPORATION
at their regular quarterly meeting yes
terday would declare for a resumntion
Of dividends on the common stock IN
view or the increasing earnings were
not realized. Conservative Wall Street
however was not surprised. as il had
reconclled itself to the belief that IL
would be better policy TO plough back
surplus revenues into the property. AZ
least for another three months.
Net earnings for the September
quarter, as indicated in the statement
issued after yesterdays meeting. while
they fell below previous estimates from
Sl'5O0,OOO 10 $4,000, 900, were neverthe-
less the largest for any quarter since
June, 1913. when they totalled s4l.21g. -
sl3. For the three months ended Sen
TENDER 30 the net, after deducting all
expenses incident 10 operation. includ-
ing interest on bonds of subsidiary
companies, was S3S,7l0,644, compared
with S27,950,055 for the previous quar-
ter, and S12,457, 800 for the March quar-
ter.
Inc surplus shown in yesterdays
statement after payment Of the regular
quarterly dividend Of ~. per cent on
the preferred stock was s1s,037,241.
equal TO 3.5 per cent on the s50s, 302, 800
outstanding common stock, or at an an
nual rate of 14.2 per cent on the Junior
shares. The company could have paid
the old rate Of IA per cent quarterly
and still have shown a surplus OF near
~ sl2000.O00.
A favorable feature Of the report
was the S702S.034 set aside for de-
probation. which compares with s6,-
03l,0l3 in the previous quarter, which
in turn was s1,s2S,762 in excess Of the
amount written off during the first
three months of the current year. The
surplus earnings for the second and
third quarters were sufficient TO wipe
out all the deficits after dividend pay
ments reported during the depression
which lasted well through last year,
amounting 70 about S22 900, 900, and
still leave a balance Of over 100000.
The following table gives the earn
ings Of the United States Steel Cor
poration, before charging interest on
subsidiary company bonds. by months,
in 1913, 1914 and the first half of 1915: