Newark evening star and Newark advertiser., 1915-03-20


Commenting on the condition of
| trade and the business of the banks,
Bradstreet's says:
Trade is irregular. being good at
some points but disappointingly slow
at others, and collections are undeni-
ably backward. On the other hand,
early crop indications are excellent,
! soil conditions facing Spring are of
the best, industrial operations con-
| tinue to mend, and the wants of for
| eign nations engaged in war impart
F; activity to a number of Industries. In
the West the larger lines tend to i'm
prove, some betterment Is noted In the
Southwest, Northwest advices indicate
more or less quiet. Southern reports
are poor, in parts of the Far West
distribution is inactive, in the East
there is much irregularity, while on
| the Pacific Coast business Is stimu-
lated by the exposition.
Bank clearings for the week end
ing with Thursday. March Is, aggre-
gate 5000, 10000, an increase of 7.6
per cent over last week but de-
crease of 5.4 per cent. from last year
and OF Ga per cent. from the like week
| o.
total is $1.369. .521. 900. gain of 1 per
cent. over last week, but drop of 6.4
per cent. from this week last year and
4.8 per cent. from the corresponding
week of 1918. The decrease at New
York from last year is 4.6 per cent"
| r. C. Stewart has purchased for
| $4,000 the New York Coffee Exchange
seat of Frank Norton. The last pre-
| vious sale was at $500.
Waiting upon figures from subsid-
iary companies. the Remington Type
writer Company yesterday deferred
action on the first and second pre-
1 ferred stock dividends.
Einira, N Y, will receive bids until
March 2s for s1,5oO.oo0 Az per cent.
registered water bonds. dated April l..
| 1915. The bonds will be issued in two
series, one of 100000. maturing $780,
900 annually, 1916-1945; the other.
$500, 900, maturing in various amounts
annually from 1916 to 1885.
e. H. Rollins & Sons and William
/ A. ..
the successful one yesterday for So
$780, 900 city of Chicago per cent. 1-2o
year serial stock and bonds. This bid
was about 4.10 per cent. basis. Mil
waukee today sold $66O,O0o Az per
cent 3o-year serial park bonds. for
102.10, about 4.25 per cent. basis.
It appears to be one worry after
another for the New York Stock Ex-
change In it's contest to destroy the
bucket shop industry of the country.
News has come from Boston that pro-
rosed LEGISLATION, which the exchange
had contended would tend to help
bucket shops by guaranteeing them
ticker service, had been shelved.
There was ground for self-congratu-
lation in this development, as ex-
change members had appeared before
the committee considering the bill
and opposed 1t vigorously. But at the
same time kilograms from Harrisburg
and Albany told of the introduction
of similar bills for the consideration
of the legislatures of New York and
Pennsylvania.
John c. Belz has been elected pres
ident of the Glen Willow Ice Com
pany, to fill the vacancy caused by the
4 death of Peter p. Liebert.
e. b. Thomas. president of the Le-
high Valley Railroad. was yesterday
elected a director of the National Bis
cult Company. Other new directors
elected included J. S. Runnels, presi-
n L.. No.
! pany, and F. M. Waller. treasurer,
who was also elected first vice-presis
dent.
The Philadelphia Suburban Gas and
Electric Company, the subsidiary OF
the American Gas Company, reports
gross earnings for the year 1914 of
claim was fixed by Court Of Chan
| Gerry.