davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE COFFEE MARKET.

The coffee futures market was barely
steady e tho close. With prices ] to =
poiats over on total sa,.s 81 I0,cr0
bags. The tone was firm az the opel-
inG on moderate Wall Street demand,
but traders did not seem inclined To
carry their holdings over until Monday
and prices reacted rather sharply from
tho h,gh levels OF tho dav on week -ol
LIQUIDATION. Spot quotations a. Rr1s'l
were hrmcr. There WAS no cAeuEe
= spot prices ~ the local market
coffee futures price, showe3 bat small
net change during the pas wocN TNer.
US some ti,d- selling on Mo'oIN ,"'
Tuesday wh.ch depressed values. nu'
later uG pressure diminished and lr'.ss
showed q substantial recovery 'CtcE-
~as am improvement ~ outside do',,l'.
Wh.sh resulted fr IN ituipprnu hayiup
The cables revealed 4 firm tome 90 IRA
a.. though tho rat" ~ Rio oNc 'f 40 u
London dr,iiu"d 10 - 5-".d .'i.'
priD,a were higher.
BRAZILIAN markets. ver" f,nu. n'p 81
wa. = rc's NJ H' H'2. Sar'us so
4 was advanced lo0 r,.- 20 5000 E
and santos receipts 'ut1,'ot 'u.H"u htss
tso laulo had $4,000 and J.fl.N'N 49,
Uun Prices were
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28

Considering all tho circumstances.
none brokers have been surprised AZ
the small demand 'or TINE money u Is
the iuvar!able custom for commission
houses. In ANTICIPATED % Il bull cam
pa.rn. TO load up with a certain pe--
ceutage OF time funds, 80 IA no: 20 be
entirely reliant upon Tho call money
market That they have not done 50
may be due 20 Two reasons Either they
do not anticipate "A big market o. they
have not got the stocks 20 pm up a.
collateral.
Some observers incline 70 me latte'
EXPLANATION. In spite O, 40 advance
they say there is no big line OF stocks
IN the commission houses. Up 20 q few
days since IL was a matter ~ frequent
complaint on the part Of the c'vWis-
sion houses that they had no bushes
thNnsclves and G,Gu', kEoN who Wa
doing u all Stocks bought IN the pH
few months. Il g believed. have no
sta: I'd IN tho commission houses. T.
unusual extent t'ev nave gone out ;
the street. They may have been t
ally taken IN" b. small hoiGc'- o.
they may have been accumulate .s
wcllthy capitalists who intend 10 q
their time The latter when they take
on a line OF stocks FOR a long pun rttcl'
leave the stock IN the Street. 10
more convenient TO make Arrangement
direci,y with the big Hnauc.a, .n~u'H.
tons and nave the stock car ."l tn,
way
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
GOSSIP OF WALL STREET.
Money and stocks.

Last fail and up TO the carly part OF
the present year II was frequently re-
marked that we were In n period when
money was going to be fashionable and,
inferentiaily. stocks unfashionable. Prob
ably a great many persons felt
that way, or followed the advice,
and n rather general conversion
OF stocks into cnsh followed. II
may be asked now. In ne light
OF subsequent events, whether this
movement was not founded on u Die-
calculation OF conditions. or at any rate
whether II did not 70 too far. A return
OF confidence In securities. probably due
to a return of balance IN tho financial
community as we'll AZ to outside de-
velopments, found money 20 fashionable
that every one had II and couldn't lend
I. prontably. while GOOD stocks were at
"A discount.
The rlse in ne stock ma'tet may re-
feet many things. n unh oisDSdly re-
fleets 10 soma extent a reverse OF the
previous movemant. In other words a
conversion OF money into good stocks -
going on. Tho supply Of capital may
turn out TO be greater OF less than va
rlous people believe. but there is now
plainly In prospect a correction OF the
great disparity between the rate OF In
terest on capital and the yield or stan
dard stocks.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
MONEY N EXCHANGE.

The New York Federal Reserve Bank
rates Were I per cent foI thirty 10
ninety days and . per cent. for longer
bills.
open market discounts, prime accept
auces. maturing W to ninety days, 2"s
m27s per cent.
Commercial paper rates were 3L q 4
per cent for sixty and ninety day bills
and for four To- SIX months best names
~ a per cent. for Others.
Time money was quotably unchanged,
hut hrmer in tone. Rates were 2L pa.
pc" cent Tor sixty u ninety days and
Tor four months 81, a 81 per . FOR
longer Waturities.
can money ou IA" floor " the STOCK
Exchange last week ruled easy between
-. and . pcr cent.
Domestic exchange OF New York 81
Louis. par; san Francisco, soc. PIE
MUM Minneapolis, 35c. premium Chi
cage, par: cincinnati, 90. discount
Montreal. sG25 premium
Call money In London was ln1i4 pei
cont. short bills, 2a per cent three
months bills. -. per cent.
Sterling exchange was lower. Fina
quotations were Demand. 47sa. cables
4Nnls.
Bar silver IN London, 23a.d IN New
York. 5oiaC.
New York Clearing House statement
Exchanges, saSl.s42.7s4 balances, Si3,
GG2.3T2. Sub-Trcasury cred!, balance
*4NJ.IfG
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
More Fireworks.

The action Of Bethlehem Steel common
stock. In the light Of the annual report.
is still q good deal of u mystery. The
statement came up to the most glowing
anticipstions. Tho showing was an sI-
~traordinary one, n IL admitted. but
unless the public has become completely
dazzled by tho figures. why shou.d
there be a renewal OF the mad scran-
bic to buy h ~ock. seemingly regard
less Of pnoe7
Bethlehem Steel may have The fir est
future In the world and yet there Is a
limit TO he price at which - will be
reasonable to make purchases. Cntil
u good reason In given for the APP
parently reckless buying OF 'he s.ocS
n continuance OF the violent riss viii
he looked upon with no particular favor.
There are those who believe that the
present buying IL the resul. Of a DELHI
erate campaign. n u competitive buy
ing with a purpose They 0rgue that
II the frst rise 10 10 had represented
the squeezing OF shorts there IA no
VIC reason for n renewed advance.
There was little to favor the forma-
ton OF q new short account OF any
size. But, whatever the source OF the
buying. II u worth while again TO point
out that the technical situation fnVor-
violent fluctuations. OF tho 10000
shafes of the stock all told more than
half. or about 10000 shares. Ia esti-
mated TO represent tho Arm holdings O.
Scbwab and Carnegie. That !eav.e
little for speculation 20 play with
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE COPPER MARKET,

The past week witnessed an advance
OF close 70 one cent a pound In the price
of copper. Lead also maintained a
STRENGTHENING tendency. while conditions
surrounding spelter were still OF a mys-
tifying character.
Electrolytic copper sold up to lbS
cents a pound, at which there We're good
domestic sales Export demand was
also present, but inability TO secure YES
sci room for the next month or two was
a factor working against even bigger
business. The best grades OF lake cop
per were advanced to isAM17 cents a
pound, with sales at those levels. Other
lake cope waA available az l5& to
ii cents.
There were sales OF lead up to $50
cents New York equivalent, The export
demand was very heavy, but domestic
inquiry was light. Producers reported
that a shortage OF nearby supplies now
exists.
II was charged hat manipulation con-
,inued IN spelter for the benefit OF
smcltcrs taking in concentrates. Against
the low quotations of around s cents q
pound sales were actually made above 2
cents and 1t vas stated that no large
tonnages were to be secured at the
cheap prices named In some quarters.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28

Tho Bache Revte1r a Y ~ 10
worth while TO look into the question
OF the qualifications OF politicians 20
conduct such a destructive campaign
(sgainst b%usiness). II Inns been undsr-
taken on moral grounds, But IN tho
meantime what have tho politicians
been doing In their own business? The
business of politics is 90 conduct GOV
m and make laws. Government
Ia TO he conducted for the best inter
ests Of all people, IN communities
large and small. and IN tho nation as
"A whole. To benefit = nation ore az the
first thoughts IL. or houli Ne. %
tighten taxation. and the mos, "r'c'ert
way 20 do this IL 10 kcrp Gown TIE
cost OF conducting the government
Every administration we nave hat
for tho past ten years has utterly
neglected and ignored this. Probably
no Congress has done worse than tie
last one, on March 10 tho excess Of
ordinary expenditures over ordinary
revenues was $50 69. 600. Compared
witt last year the Treasury has been
running behind 100000 y month.
notwithstanding the income tax. az
pected TO he S7s. 900 900, ami IN. emNr-
gency revenue tRxation 10 the mount
of $4,000. 900 by June 60. IN one ,cI-
The Democratic Administrator VIII have
set the country back 'GT,oon 600"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE SUGAR MARKET.

faN sugar wts som.Wha, easier on
ta'Hr.ss : 81" 90 7.Iuo 'r,rs OF Porto
ZOOS ID. ''' coats was announced. spot
''''S. however,, wei, being held nrmly
o. l;n'iH d sugar was firm
an g'd 40 100 ana q cents.
~. sugar. was au'.y" and arm during
me paf' wees Ecinc~s' takings to-
.I'i about 4oo. 0o' bags o: Cuhas and
rofio R'cos Tor prompt aud Aprl-May
aeAFerr; 5o2 cents was paid for the
.S'er Will. spots sold from 4.s9 up
~ cea,s Tho quotation AZ tho close
y. tA- weak was placed AZ 4.sjd4e5
@nt' though tie market appeared some
me Oh Friday and Saturday the fact
NN Hege Vero no offerings OF Cubas
Iosf 49, cents WAS a sign OF under
IrNg 4'rs gtE Furthermore Il was
sn'e1 u 80 trade hat large interests
eNr. II''Hg 81 their purchases IN order
/" d"nr"se N. market and scoop IN
.ts, '1H"lie' of raw sugar at lower
p-,er
III. se'a-o. IN the price on raw sugar
r'i'"' . e uch improved demand for
rs'9H't rrlrg.tfAl The country bought
n". '. OBI" ,..l- part OF tho week, and
raIiHNipl.t DINERS advanced their
r1-e' :" D. "ol'r.
~" z futures market ~ the Coffee
e. t'r" was active. with prices casier
'"s ~ . we're $500 tons. Prices were
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
POINTS OUT DANGER
IN BUSINESS LAWS
Judce Hough Grants Tnjunc-
ton in Relating Suit
Against Lehigh Road.
WITHOUT MORAL STIGMA

,,,,. charles VI Housh 81 tina
r.,,l SAFES District Court In an opir-
=. e,.3 yesterday emphasizes the dan
- ~, attempting To- enforce certain
-.4,r, business laws through criminal
yoc.-dluss
rr., Judges shy az branding as q
u,vic, ans man Tor failing to square
. homes business with new tangled
..w,,s" saws the Judge, land per-
-.,lre or encouraging juries to find
,,,, criminal intent which is stil a
,..-.ousi,. FOR conviction uirier other
circumstances
rp. o~,..tou was given in the GOV.
-~.,,s equity suit brought by As
..,.ot tinted states Attorney john G
Too, 20 r,.'ruu the Lchigh valley
,,nro.d Company from paying reb''es
q, m, form Of commissions TO me
,.l,e. f,rv sriius firm OF sheldon &
Go. o' tIlrag"
AtI.ugh ,h. Judge granted the in
annette, uu the ground that tho rrdc-
90. v..a violation OF the letter of the
fshsfH.E Law U' 'iAfl ~ W NNA'tA'tN
md. py tine Government to convict
IN. a,.i Of th. forwarding firm as an
.-ttc.uo" Of tho iuadNisabiiity OF such
.n,e...rss when the crime carries no
,n-p,f s,iruu, with e. The late Judge
y,-.,r dismissed the indictment In the
crIm!,af ,.sc. His charge to the Jury
:. M. occasion for the following com
mem o. Judge Hioush
"F-om ,he charge alone (which ~
ali nave before me- I should hesi-
,.i. 20 tl,nk that the matter before
Jldrs Martin was put in exactly tho
sam. way ~ IN this cause but even
= t,t,r facts were contained IN an
Indictment instead Of a bill in equity
Judge Martins decision. it applicable,
would 10 to me but another illustra-
,on % the radical difficulty ~ attempt
-. 70 govern by Indictment and ~
STAINING convictions for statutory vlo-
l.'!on. involving no moral turpitude'
Judge Uough, however. set aside the
s-rlueui of me defence that sheldon a
g d.! not own 'he freight which the
I'm sent over the ieniGh Valley line.
Ard could uo' th.r~.c~e he considered
. s. pper We. likewise dismissed the
ccn'e't.0n that the firm had q RICH,
70 pay commissions to any one who
S-ous.t e new business.
9Th. reiu.tttnces may be perfectly
moral though the method IA capable
q srea' abuse" says the Judge. but
'hs result, In my opinion. is illegsl
because % the bald fact that when the
dealings between Sheldon & Co. and
-. railroad are ended sheldon has paid
!ts. tor the transportation OF MIS- goods
han ohl other persons not engaged IN
e.. forwarding business.
90 .rr#. Quito vrI1fpr To a1,,sFs skg. ~
's particular instance. as is elabo-
r'Aly set forth i'm the answer. there is
nothing wrong. dishonest or immoral IN
NJ Transactions complained OF, hut they
seemed % me 70 Re agains' the l~ttei
o. u. law, and ] am further ~ III. opin-
or that such letter must b. strictly
forced M order % preserve equality
among shippers. FOR the abuse of grant
- '9wtr. ss,uus TO any large shipper
: - patent and 20 ancient as to re.
au'r. no further comment"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE GRAIN
IrresuI.r wheat Chsnscs-All
Markets Generally Lower.

The wheat list continued to labor IN
De- the influence Of the foreign pollti-
cGl situation. Nothing fresh was added
to the advices of Friday, but the fears
OF war spreading. peace talk and the
persistent pounding OF the Dardanelles
served 20 promote further liquidation
In the market. II was not until after
the session had closed that the news
concerning the failure OF President Will
sons peace Efforts was published.
Commission house Liquidation was un-
abated. In addition, there was further
ceiling for tho account OF interior ele-
vator interests. Il IL still conjectural
whether this preesur. emphasizes a dis-
appointing -four demand or the frenzied
buying OF actual wheat several weeks
AFRO when the theories OF an impend-
ing scarcity were Etven most prom
inence
Premiums on cash wheat a. Chicago
we're lowered. The basis for hard wheat
at that centre was . cent. over tho
May option. as compared with 6 cents
c%lrl!ar in the month. While this factor
10 not wholly devoid OF Gig nifcance. the
slightly higher premiums In tho spring
wheat markets deserve consideration.
The export dernan recently has been
almost entirely for spring wheat. par
tial.y in reflection OF the proximity of
The opening of lake navigation. For
eisn buying Yesterday was estimated a.
about 400. 600 bushels. As a result OF
the decline In our markets, how eyer,
the bids from English centres were
closer 20 a working basis. In fact vrry
close.
Buying IN me nature Of short cover
ing again forestalled a more drastic re-
cession IN the markets. Some OF the
largo operators evened their commit
m"nts over the week end and declared
that outsiders may he overenthusiastic
relative to the peace prospects, I, was
evident thai many bears were eroepting
profits OF the past several dsys and
olso mat spreads were being undone
as TIE new crop deliveries were ex-
h!bit!nK relative steadiness. Eess.an
ny complaints from Kansas and In
diana had sentimental erect, especially
ss ths tndo Is looking forward 20
countless insect stories this spring. Pro
vs'liug weather conditions are viewed
az vary satisfactory for the crop. but
rather against insect development.
A moderate decrease in the visible
supply is Anticipated OF Monday. TIT
Interior movement for the week to-
tailed 4,o24,0oO bushels. against $500.
roo the preceding week and $500, ooe
q year ago eaboa exports OF whea,
and flour were 100000 bushels ar.nst
100000 and 100000 bushel, respect.
!Ve,y
CoTnIThe rangs OF prices WA mar.
rover. bu' tho market failed 20 show
49," special stead!ress Further sell
* was IN sympathy With IN" reactions
' olher grains Easer cables served
uep''sS'Hs 'unu'hce ana led "a
Gains that export bids for American
corn wers considerably out uf l;ne I,
"as co'C''ed 'hat nc domestic cash
demand lad o. ain improved slightly
IVY, t..s Iea'uFe uiu no' induce impor'
49, - Us op''oHs. Snorts covered
. w - 'ehueh'Y 10 osIsnc'
! r.,,.-.l ,h0,. S"e ~ e.a' ~ penn
: ~, 80 S,uN',oh We
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE COAL MARKET.

panles tuning up operations TO some
thing approximating FUN capacity II /.
evident that the opening OF the coal year
II close at hand, The advent of the
spring circular II also forcing the indie.
pendents 10 go on heavily curtailed
working schedules, Bargcs are already
being loaded for shipment to Eastern
points and the first OF the month vii
see the April movement Well under way
There viii be u moderate rush for coal
though not Of the customary proper.
lions"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
HALT IN U. S. BOND PURCHASES
Decision Likely TO Check Invest
nent by Federal Reserve Banks.

A. result Of the decision OF the
Fsd.ra' Reserve BOARD at Washington
rat IL would I've best for tho reserve
hsrkS not 20 issue reserve notes based on
Government bonds until after December
- o. this year. when the member banks
t..0 20 retire their circulation based on
Cover re.' bonds, 4 Is believed the re-
serve banks Will stop purchasing
Gov.rrWsl. bonds for investment until
ster that date
A. thi' time, the national banks will
Reg o Sc their Government bonds. r--
awe par Tor them from the reserve
'sH;s, which are authorized to purchase
I-6,ono,uUO . ear. The national bank
crcn.s'.on wi. IN this way he gradually
r,.r.I.
I'll. r-serv. hanks have already
oous'' for investment about 81. 00O, 0hO
"Go''gnin~rt bonds. the san Francisco.
.hl'seo ard Kansas City reserve bank.
"Hs ne ~'tre"s, buyers. These banks
ca; roW buy 80 . per oent. bonds 81 the
maze, which raug~s o between
~! ana 90 Til. Now York reserve
ta'E Las hlrht 10 Governments bonds.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28

n used 10 be said chRt The stock
holders list OF the Great Northern Rail
way Company -ead hke Burke's PeAs-
age. 20 generously was IL s~prinkled with
the nance of Eng1and's nobility. TO
Lord Strathcona was given much OF he
credit for interesting tho English m
weston IN the speculative ~ Investment
possibl.ti ties OF the stock. PROBABLY
much OF these holdings have remained
undistu-bed for Years. The recer; a.
ing IN Minneapolis OF a copy OF the Will
OF me late Lord Roberts shows that a
considerable part OF the wealth Of this
famous soldier was Invested In Great
Northern Railway preferred. lie had
72a shares. valued Mt s7s.0es. and SAG
shares Of Great Northern Iron Ore sto. x.
appraised a. So. 900. The :otal personal
property was given AZ S375.d9T
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
SHARP BAREBACK
IN COTTON MARKET
Strength at Liverpool and Re
newed Buying the Cause
Of Recovery.
INFLUENCE ON ACREAGE

Cotton experienced q sharp bareback
y~esterday. with prices closing az q net
spin of l5 go 10 points over me Anal
prices OF Friday. Some experienced trad
ers thought they sRv signs cf familiar
taotics in the surprising strength DIS
played b. Liverpool. although The pro
visions Of mo United states cotton flu
tures ect and A tendency 70 observe
the terrna o. mo now law would seem
to preclude any suspicion that Liver
pool had been manipulated from Amer
tea
At airy rate. Liverpool prices ware
from 9 to 10 English points higher
than duo. the local market after
q brief pcriod Of hesitation was not
slow IN making n 'ull response. Sell
ers OF Friday madc haste TO get back
their cotton. and brokers FOR the lead
ing spot intor,4ts. which have been
prominent on tho bull side recently.
were even moro aggressive than usual
in bidding for big blocks II was es-
tinatsd that fully $4,000 bale. we're
AlaAVo az 'AAtANh NA' W. hph'Nt NV
the bg volume OF BUSINESS Favored OF
old time activity.
Among the news features which gave
-ncouraserne 20 tho bulls were reports
Of advances IN both yarns and cloth.
Print goods are beng advanced owing
10 the scarcity OF dye stuir..
According to Il despatch printed in
several OF The New York
- -
any statement TO the effect that the
South should not reduc cotton acreage
There IA - feeling among local opera
tors N have had more or less to 10
with arhtregigg between New York and
Liverpool hat the Liverpool market -
likely to dieplay considerable strength
IN tho near future. IA II Is believed that
the parity has becn out az line and thai
differences from how on viii more
nearly reflect the cost OF getting cotton
to ItverDool
The following appears IN RrGd'trr~ts
summary OF cotton crop new
"Wh'ie there Is h genera disposition
70 reduce ~, area planted % ,ottou
and the cold We backward season al
the South tends to rcs'.tC' ,and prep
a%rotion, there Is evidence hat the adj
vance OF ~ cents per pound from the
low point OF December is causing scuti-
m-nt 20 veer slightly from the extreme
estimates o, reduction common d who
ago. Thus, q reduction or II per cruts
rather than % % per cent. < being
nootrd N rofne s'ct.uns. lit~ Texas.
rh--e cold weather has killed c.rn.
which must either he replautcd or the
ls'd devc 81 to cotton
According 70 the Chronicle the
amount ~ cot on on s''pbos-d not ye,
Gle I.td was rs. 600 bales, against IJ1.-
o"o last year. According to the Nev
YORK Cotton Exchange, tho visible sup
ply OF American cotton wae h.42t. 00O
bsies, against 3.93t.0o0 lHEt year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28

~PHiNCrToN. Ind. March ?7-The
Farmers. National Bank here has re-
ccivod for deposit about $3.50 In denomi-
nations OF 81. 81 and S. bills believed
to have been out of circulation more
than forty years. The money is said
to have been part Of $1,000 recently
divided by - Gibson county "a among
his sons - tow days before his death,
The bills all bore dates OF issue not
later than the early EOS, and the father,
who was not known to have the money,
Il supposed To have had II hidden for
many years
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
AMERICANS RISE IN LONDON.
Trading IL Feature OF ths
cts.

LONDON, March 27.-Activity In the
American department was tho feature Of
tho markets to-day. There was n good
demand all through the list and big
advances were scored. Union Pacitics
we're again the leader. Canadian Pa
clhcs were hard.
Elscwhere "a generally Arm tone was
shown. Home rails were duh. The war
loan vas bought. Mines and rubbers
spurted. Brazilians did well.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
H BOSTON MARKET.

BosToN, March 2T-Frsctional gains
were general in the active mining
shares, with Ahmeek and Calumet and
Hecla ZIP s points. Algomeh was a fea-
,ure OF the low priced coppers, sdvanc-
ing y TO 2ia on heavy buying. Rails
and industrials we're eteady The sum
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
STATEMENT


Paid by SUBJ Treasury 10 banks. o.. isa. 900
Paid by banks 10 sub Treasury. $500. 600
Loss 20 banks on days trans
actions ..,,,...,......... 1887 900
vious week .T',,..'..,~.'... $4,000
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE CHICAGO MARKET.

CHICAGO. March 27.-PT-oeS wore
steady TO a fraction lowe. OF % small
volume ~ sales STRAIGHTFORWARD ave
Peoples Gas We're easier willie S"1'' <
Diamond Match trd chicago fA'l'
way seconds We're unchanged Ho''
market quiet With q further d"cl'r" 80
rhlclgn Hllvr" Income - tho or''
feature IN, .lmUlrH
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
THE BALTIMORE MARKET.

RNTrMoRn, March 27-Th- .;ock
market was quiet, Consolidated Power
common was up y United Railway
first 4s and Incomes we'r on frac-
~tlonally, The summary;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
,aa.6a7 ,s.677.sss iss.ss?.ss,

Receipts from customs March 20. eco
26i: internal revenue, ordinary, uas,18o;
3s&0T7.
Sational bank not.s received for re-
dempt,on, S2,Etl,se9,
III. cash statement Of the United mates
Treasurer for March 20 shows;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28

Actual reserves by classes Of Clearing
House members
Members OF Trust
Fed. Res. state com.
Bank Banks panies
Cash reserve in
vaults ......... sSsIs7.o % 81. $50 $50. og .cco
Reserve In dc.
posi,ories 49,. Iii. Gsyoc e.ii2,oU 2s.ss 900
Reserve required
on net demand
and time de.
posits' ......... .5a,Gss. $50 n.&@. go A.ss. 40
Excess reserve. .. iS3. bjs.ai0 l3gf5.lN 2.2i2.@0
Ch'scs in excess tl2,?o5.t7o tii3. 40 10. 97s. 80
Co.
-1n the case Of state banks and trust cosn-
panies only reserves on not demand deposits
are given. no reserve being required on time
deposits tlncreasc Decrease.