davidaulloa/AmericanStories huggingface dataset:
The sun., 1918-08-14
UTAH COPPER CO.'S EARNINGS,
Second Quarter Figures of 1918
Better Than Those of First.

According to the report of the Utah
Copper Company covering the three
months ended June 80, 1918, which was
Issued yesterday, the profits for that
period as compared with those of the
first quarter OF the year were increased
nearly 100 per cent, but in comparison
with those of the second quarter of
1917 they fell OFF about 40 per cent.
This is due in a large measure to the
greatly increased cost OF operation
which the Utah company. in common
with all other copper companies. has
been forced to meet
The mel operating profits for the SEQ
ond quarter of this year were S5,4Sa,-
Sl3, as against $3,S1O.S63 for the first
quarter and s.s9s.62s for the second
quarter OF last year. The income from
dividends. which during the second
quarter Of 1917 amounted to STATS. 500,
fell Off this year to S750.375. cutting
still further tho total profits for the
quarter, which were $6,493.s77. as COM
pared with s10,5s3,54l during the cor
responding period of 1917. This is
equivalent for the quarter just ended to
81 share. The total for the first quar-
ter OF the year was equivalent to S2.35
share while that OF the second quarter
of 1917 equallsd $3.50 a share. No
mention is made OF any provision for
excess profit or income taxes
During the second quarter of this
year the output of copper in concen-
trates increased somewhat over that
of the preceding three months, being
51.764.7S3 pounds. as against 4e,78S,-
Ill pounds UP to March 81.
The sun., 1918-08-14
PACIFIC GAS AND ELECTRIC.
June Earnings Double Those of the
Previous Month.

During the month of June the Pa
cific Gas and Electric Company earned
considerably more than during the same
period last year. in spite of the increased
costs of operation, according to the re-
port for that month made public yes
terday. Gross earnings for the month
were s1,s6o.s15, while those for the same
month last year were but s1.663.S32
showing an increase OF sl96.9S2, The
net earnings after taxes was S7S3,781, an
increase OF s36,697, as compared with
those of June, 1917. After charges and
preferred dividend allowances for the
month of June was s3o0,54s. against
$257.S49 last year.
For the twelve months ended June
80 the company reports gross earni lga
OF $20.613,54s, as against $19. 0S4, 424 for
the year ended June 80. 1917. Net for
the same period was s7.40S.8S3, a de-
crease Of $642.1sS. while the surplus
after all charges and preferred dividends
was 81 .6o5,T63, against $2,51s,2s2, a de-
crease OF $913,133.
The earnings Of the company during
June were more than double those of
May, when the Surplus after charges
was but S145.976. One of the principal
reasons advanced for the falling Off as
compared with the twelve months ended
June 80. 1917, is the daylight saving
plan row in use, wb oh has cut the use
Of electric and gas lights considerably.
The sun., 1918-08-14
COTTON RECEIVERS
PREVIOUS LOSSES
General List Closes Firm at
Net Advance Of 81 to 1t2
e.. s.-. Points. .,

, 49, 49,
increasing spprenonsiohe th~s INC
next Government report will show q FUR
ther reduction in crop probabilities and
1900. =, ....s,.- ~. h..,. Ia IN.
Southwest led to the recovery OF Nom
days losses In the cotton market yes
terdav December. contracts sold up
- =. - a. a. l., A., "a. ..s,,.
ifoiii N'''o 70 wv ia oo A".'
or more than ~ per bale above Mon
days final figures, and closed at $3.50,
,,,,,h r.. .nn.-s, IT, c,o,,n1 Arr, NJ n
le
net ADVANCE OF o. 10 az points
The market opened steady at an ad-
vance Of 90 to ,h7 points on tina unex.
1891. a.. ...c-o, Ii.,.., -
' ~ WINS
buying by houses with Liverpool con-
nections. There was n good deal Of
selling at the initial figures, part OF
which appeared to be for trade account,
and may have been connected with the
increased spot offerings reported late
on Monday. The market was steadied
at a comparatively moderate decline
by talk Of bullish private condition flg-
ures, but later In the morning broke
on private reports Of rain in the South
west. Active months sold IS to 28 points
net lower, then rallied on the failure
Of the detailed weather report to con-
firm the private rain news and low mid
month condition figures. There were
also reports that owing to the contin-
ued deterioration in crop prospects
farmers were not inclined to sell their
early receipts freely in the Southwest
and tho market reached tho highest
point of the day in tho late trading
when actiye months showed nat rains OF
The sun., 1918-08-14
GOLD MINING IS ESSENTIAL.
Priorities board Votes to Give II
Preferential Treatment,

RENO, New. Aug. 1S.-The resolutions
committee OF the American Gold Con-
ference received this statement to-day
from Edwin b. Parker, Priorities Com
missioner
The following resolution was adopted
by n Priorities Board:
1t has been resolved by the Prlori-
Ties Board that gold mining Is an es-
sential war industry and the powers of
this board shall be so exercised as to
accord to such industry preferential
treatment in the supply, not only of
tools. machinery and equipment but in
the transportation service. fuel and labor
supply"
Inc resolutions calling for a Govern
nent bonus for gold production will be
nken up Tomorrow.
The sun., 1918-08-14
WALL STREET IN STAMP DRIVE
War Savings Stamp Campaign
Planned by Fifty Firms.

In an effort to make Wall Streets
work in behalf OF the War Savings and
Thrift Stamps campaigns more effective,
and to bring the financial community
more solidly behind these wage earn
ers' bonds" war savings societies are
being formed by forty-two of the princi-
pal financial houses of the district among
their employees. according to an an
nouncement made yesterday by w. G..
Erich of Erich G. Co. According to this
announcement all of these firms, most
of which have been personally visited
by Mr.. Erich in behalf of the movement,
have given 100 per cent. cooperation
Every member and every employee OF
these houses will pledge the purchase of
certain number OF War Savings or
Thrift Stamps each week. and will also
agree to comply fully with any rules OF
conservation which may be laid down
from time to time by the Government or
it's agents.
Besides these societies which are being
formed in the various brokerage houses
others are being organized In the office
of the secretary Of the New York Stock
Exchange. the Clearing House of the
exchange. De Coppet & Doremus. of
which H. G. s. Noble, president of the
exchange, is a member, and many other
Arms. According to the list given out
by Mr.. Erich. those firms which arc CO.
operating in the movement are as fol-
lows:
+. r. Hutton Co. Clark. Childs
Co., Harris, Winthrop & Co, Horn
blower Weeks. Erich Co.. Eric &
Dreyfuss, Block Maloney. ]. l.. Newborg
& Bros, Barbour & Co., c. NJ. Schlott.
Jr, & Co Logan & Bryan. Henry Clews
& Co., Halstead & Harrison, ]. r. Duff
Company, Moyes & Holmes, Post
Flagg. J. h Sulzba her Co. jerks
Gwynne & Co. GUIDE Winmill & Co, E. &
c. Randolph, Denny fomroy & Co, j. S.
Bache & Co, H. E. Montgomery Co.,
c. l. Hudson & Co. H. r. Carey & Co,
c. ID. Barney & Co.. f. w. Wagner &
Co, Goldman Sachs e. Co. Luke Banks
& Co. Zimmerman & Forshay, Shearson
Hammill & Co., Sutro Bros. & Co., Paine
Weber CO.. Carlisle Millick & Co.,
Speyer G. Co.. and H. L. Doherty & Co.
The sun., 1918-08-14
M'ADOO TO DISCUSS
RAILROAD CONTRACT
Railway Executives and Bank
ers to Meet Director
General To-day.

WASHINGTON. Aug. 13.-Director-Gen-
eral McAdoo will confer tomorrow with
A. P. Thorn. representing the railway
executive advilsary committed, that
Samuel Untermyer, representing the Ma
tional Association Of Railroad Security
Holders, on the railroad rental agree
ment. covering compensation to be paid
to tho ''nomar' railroads under Gov
errneut control
Brown. who will assist him, Is prepared
to urge number Of changes in the
agreement which has already been tenta-
lively approved by the advisory commit
tee and the Railroad Administration.
through Judge John Barton Payne Mr..
Thorn will be assister by 8. T. Bledsoe.
Tho arguments of the security holders
will follow the objections heretofore set
forth by them against the agreement rs
drawn. They will be backed by the In
vestment Bankers Association, which
while in no way a party to the proceed
ings Ia vitality interested.
Counsel for the security holders and
for the advisory committee will appear
separately and present their arguments
beginning at 10 80 A. NJ.
The arguments will have to be short,
as Mr.. McAdoo Is scheduled to appear
before the Ways and Means Committee
at $3.50 p. NJ.
Mr.. Untermyer had preliminary con-
ference with the Director-General this
afternoon. but so far as known did not
present his formal arguments. though he
cited in brief the security holders OBJ
jections.
Though the agreement is only in ten
tative form. 1t is regarded as likely. that
1t will be signed in approximately its
present form. and that only minor
changes will be made. The railroads are
anxious to have It closed up 81 that
quarterly compensation payments can
be made.
The sun., 1918-08-14
OIL SECURITIES
HIGHER ON CURB
War Stocks Show Weakness
. in an Irregular
Market.

An irregular tone was again reported
In tho curb market yesterday, with re-
nswed strength in some Of the specialties
and higher priced oil securities. War
news was favorable and a. ? result the
opening was firm and ACTIVE. The list
soon reacted. however. with rallies in
some cases. The volume Of business was
fairly largo. but at times the market
was extremely quiet
The war stocks were weak. with fur
Their fractional losses in Aetna Explosives
and wrigft-Martin Aircraft. Among
tho speoialties America n British Manu-
featuring preferred shares moved several
points higher on q small turnover. and
improvements were noted In the old and
new shares Of British American Tobacco
Company. Burns Brothers Ice was hrm
at the opening. but soon reacted on profit
taking.
The motors were quiet. Anslo-Arner!-
can OIL was In good demand and sold to
Pa new high for tho present movement.
The Standard OIL Issues were point or
90 higher. Houston Oil showed little
change, moving over tho Same range as
on the previous day. stanton Oil was
steady. while the other lower priced oils
were fractionally lower Another we'll
Is expected in some time this week. which
win bring the total to forty.5our.
Mining shares were quiet and irregu-
lar. Fortuna Consolidated showed a
small improvement.
Bonds were again active, with irregu-
lar price changes. Russian Government
external securities were Arm on favor
able reports from that country.
Total sales and range of prices follow:
The sun., 1918-08-14
STANDARD OIL ANNUITIEs.
Plans OF Company to benefit OIL
Employees Aunouuced.

Employees Announced. "
The Standard Oil Company of New
York has adopted a plan for annui-
ties and insurance under which all
employees will be rewarded for faith
ful service to the company.
Under the plan all employees are
eligible for retirement on annuity un.
der the following conditions: Regular
retirement-All men who have reached
the age of IS and women at IS and
who have been twenty years or longer
In the continuous service Of the com.
pany. Optional retiremcnt-Ary man
who has reached the age Of IS Years or
woman 80 years, who have been thirty
years or longer in continuous active
service
The annuity to be received by the
retiring employee will be for each year
OF continuous active service, Q per cent
OF the average annual pay for the i've
years next preceding retirement, no al.
lowance. however, is to be In excess
of 76 per cent. of the average annual
pay.
Those employees who have served
tho company for one year shall with
out expense to them be eligible to death
BENEFITS under the insurance plan. Thu
benefit ranges from three months full
pay for one years service to twelve
months full pay for ten years or more
OF service.
The sun., 1918-08-14
CONSOLIDATED EXCHANGE,

The market on the Consolidated Elk.
change to-day closed firm and active
Final prices showed gains ranging from
a fraction to more than a point In the
standard issues. though substantially be.
low the high levels of the session, There
was considerable selling in the late AZ
ternoon. but at no time were stocks In
plentiful supply What selling existed
was profit taking In character and served
to emphasize the inherent strength OF
the market Values were at their high
est Immediately after the midday period
when renewed buying made for general
advancement. Trading interest. which
had been centred In the railroad group
shifted 10 Steel common. ~
The sun., 1918-08-14
NORMAL PREDICTED
FOR ALLIED FUNDS
Lira, Sterling and Franc Show
Benefit of Sterilization
Effort.
PESETAS RULE LOWER
Speculation in Exchange Lin
tied and Unlikely to
Increase.
PESETAS RULE LOWER

Another step taken in the direction
Of placing the different rates OF foreign
exchange back to a normal basis. ~
desired by the United States Govern
ment. was witnessed yesterday, when
tho price OF italian lire was hxed at
$50 and Spanish pesetas declined 75
points. Exchange on France was also
very strong and rose to the highest level
in moro than two years.
Some International bankers expressed
a belief yesterday that exchange on
Great Britain. France and Italy will
continue to rise toward normal as re-
suit Of the efforts OF Assistant Secre-
tary of tho Treasury Crosby. who was
delegated by President Wilson to restore
the equilibrium of the foreign exchange
rates.
The decline in Spanish pesetas yes
terday was attributed to the moral ef-
feet on sentiment resulting from knowl-
edge that arrangements are being made
for the establishment of an American
credit in Spain. 1t Is also understood
that there has been some short selling
OF pesetas, which have recently been
commanding high premium, in antioi-
patton Of formal announcement that the
credit had been definitely arranged.
The American credit in Spain Is ex-
pected to be established through an ar
rangement whereby the United States
would send certain American products
to Spain. This would also cause re-
duction in tho unusually large discount
at which the American dollar is quoted
In Spain, owing to the fact that the
trade balance between the two nations
is in favor of Spain.
For the sixth time the price Of italian
lire has been fixed at a higher level by
the foreign exchange division Of the Fed
eral reserve system. When the price
was first fixed business could only be
done at 80 lire for 81 American
money Subsequently the rate was
raised to 800. then $50. 500 and q few
weeks ago placed at 100.
International bankers declared yester-
day that there Is practically no apecula-
ton going on in foreign exchange owing
to the supervision over the market being
exercised by the Government Business
in Spanish exchange and italian lire is
very small. they say. and no increase
In the volume is expected.
Strength Of exchange on France is at
tributed to the efforts of the French
Governments representatives. who are
In this country endeavoring to peg the
price at much higher level. British
representatives are also in the United
States endeavoring to raise the quoted
market price of sterling exchange. The
covering of shorts in franc and sterling
exchange owing to these developments
was responsible for yesterdays sharp
rise.
Tho quoted market price for exchange
on Paris yesterday was 5.66S, the high
est for this year and the best since 1917.
when the high quotation was 5.671a.
The sun., 1918-08-14
GERMAN BANK STATEMENT.

BERLIN via London. Aug 1s.-The
statement OF the Imperial Bank of Ger
many issued August shows the fol-
lowing changes: Total coin and bun.
600 marks treasury notes, inc. "a $50
ooo marks: notes of other banks, dec.
SSs'ooo marks; bills discounted, dec.
lSs.lsS,ooo marks, advances. Inc, 49,
600 marks Investments. inc, 4,O4S, 600
marks other securities. dec. 1867, 900
marks notes in circulation. inc. 81.
$4,000 marks deposits. dec, 172,a24,-
eeo marks; other liabilities. dec, a.
szs,geo marks Total gold holdings
The sun., 1918-08-14
ASSOCIATED OIL COMPANY.
Earnings Show Eight Dollars Per
Share in Past Six Months,

The Associated Oil Company for the
six months ended juno 80 last earned
1897 a share on Its capital stock, COM
pared with $2.s8 for the corresponding
period "a year ago.
Income after deducting operating ex-
penses amounted to &5.se2.2s5. an in
crease OF 32.732,474. After allowing for
dividends there was surplus of $780,
1875 for the half year. against $2oS.525
for the same period in 1917
The sun., 1918-08-14
ELECTIONS AND MEETINGS.
TO THE HOLDERS OF
THE BEECH CREEK COAL COKE %.
First Mortgage 3 Per Cent.
Forty -Year Sinking Fund Gold Raad.

Notice Is hereby given, pursuant to Ar
ticle third OF the hrst mortgage made 10
knickerbocker Trust Company. as Trustee
dated June l. 1904. securing the above
bonds. that on the 18TH day of August,
1918. at IL o'clock Noon, at Room AS
stephen Girard Building. Philadelphia
Pa, there will be n meeting OF the holders
Of the outstanding bonds issued under and
secured by said first mortgage for tho pur-
pose OF approving or disapproving the pro
posed release from the lien and operation
OF said mortgage OF eighteen tracts OF land
In Green Township, Indiana County, Penn
sylvania, asgregating about 675.6s6 acres
less certain exceptions amounting to about
s0.904 acres, which said tracts OF land are
proposed TO be exchanged for other lands
with the Manor Real Estate and Trust
Company.
Dated, New York July "a. 1915
BEECH CREEK COAL AND COKE
COMPANY.
BY A, G. EDWARDS Secretary
The sun., 1918-08-14
Admitted to Federal Reserve.

WASHINGTON, Aug. Estate banks
admitted to the Federal reserve system
to-day include the following: Provident
Savings Bank and Trust Company. Gin
cinnati, resources 3ls.356.o00; Pontiac
Savings Bank. Pontiac. Mich, $685.
900 /, Bank Of Commerce. Little Rock.
Ark, S4,082. 900: Bank of Sheboygan,
sheboygan. Wis, Ss.6oS.ooo Union
Trust Company LATHE Rock. Ark. 49,
091. 900. ana the Erie County Trust
Company, East Aurora. N. Y, 81. 009. 900.
The sun., 1918-08-14
oSTON CURB CLOSING
CHICAGO.

CHICAGO. Aug. l3.-Prices we're irreg-
ular and for most part a little lower
Sears Roe buck was lower while Wilson
Stewart Warner and Carbide were frac-
tionally lower. Swifts was active and
tirmer. American Ship and Quaker Oats
preferred were much better Chicago
Pneumatic Tool SIS advanced 2 point 8
from last sales. Other bonds duh and
unchanged. Summary:
The sun., 1918-08-14
COTTON STATISTICS,

Liverpool cables-spot cotton quiet middIing
Al points lower at q. sd. good middling Z
points lower at al.Ssd. Sales 1000. American
1000. Imports 4, 900. all American. Futures
opened quiet at TO 10 points decline. Closed
irregular and unsettled at a net decline Of FL
to % points. August, 20 sd; September,
2Ls7d October. 2l7od November. 2l5ld ;
December, Il ssd Manchester-Yarns irregu-
lar: cloths firm.
The sun., 1918-08-14
PARIS MARKET.

PARIS. Aug. 13-Prices were steady
on the Bourse to-day. Three per cent.
rentes. 81 francs e5 centimes for cash
exchange on London. 27 francs; per
cent. loan, 81 francs IS centimeA
The sun., 1918-08-14
DIVIDENDS.

Stock of Pay
Record. able.
Am Felt Co. pr s-a, 3% Aug. 20 Sept. 3
Am Coal Co. 's-a, $3.50. Aug. 81 Sept. 3
Atlantic Rsnning Co. o.
SO ................... Aug. 20 Sept Is
Canadian Psoine Railway,
q, 2h% ..:-,..-..: Aug. 81 Oct. /
Cana dian Pacific Railway.
s-a 20 (non-cum. pD Aug. 81 Oct 81
F, II. Vessel Mfg. Co. pr.
To ..,............... Aug. Aug. Is
F. II. Wesel Mfg. Co. pr.
Northern Penn. RR.. q,
40 .....,............ Aug. II Aug. 20
ristown RR., a. ,I26 :. Aug 30 Sept 10
Pitts. Brewing Co, q, les Sept. l Sept. II
Pitts. Brewing Co, pr, q.
iAes ...-...,.. ..,....AuG 20 Aug, 81
Copper Range Co. q, 81, 5o.Aus II sept. !
Cresson Consolidated Gold
Mining and Milling Co..
mo, lUC. aug. IL sept. 10
Northern Penn. r. r.. q,
go ....,.,,,. Aug, - Aug. rs
The sun., 1918-08-14
Local banker. Buy Potomac Bonds

The National City COMPANY and Har +.
ris. Forbes & Co. have purchased S2.100,-
900 Of Potomac Electric Power Company
general mortgage 8 per cent. Ave year
bonds. which they are offering to-day To
Investors at a price to Yield TX per
cont on the investment.
The sun., 1918-08-14

Coffee cables-Rio was unchanged at $500 for
No. Z. Exchange unchanged at IL 9-16d. Re-
ceipts 10, 900 hays and stock ESQ, 700 bags.
In Santos spots were unchanged at $4,000 for
No. 4. Futures rs to 100 reis higher. Receipts
10 900 bags and stock ASH. 90 bags.
Receipts at the ports were q, 900 bags, against
81, 900 last year and 900 two years ago Sac
Paulo had n 90. against 50, 600 and 90, 900, and
Jundiahy 24,0oe. against 81, 900 and 900 bags
oil
The sun., 1918-08-14
MISCELLANEOUS STOCKS.
Custom House Receipts.

Receipts for duties at the Custom
House yesterday were S304. 1851, of
which s92,7s3.49' was for merchandise
from bonded warehouses and
SIP. 002. 0S for recent importations.
The sun., 1918-08-14

DULUTH, Aug. l3.-Linseed on track
and arrive. $4.2S: September. SAL bid |;
october, '$4.s6; November. $4.s2 bid /;
December, S4,25 bid.
The sun., 1918-08-14

The local market for spot cotton was steady
and IS points higher at 80. 4oc. for mtddlng
upland sales nil.
Southern spot markets follow: Galveston
steady, so points higher at 80. z5c. sales 2l5
bales. New Orleans steady, Is points higher at
points higher at o. 25c sales nil Savannah
steady. unchanged ut 30c sales nil. Norfolk
steady &c points hover, at 20, 2oc. sales 4 bales.
Augusta steady, unchanged at 80 2Sc. sales 227
bales. Memphis stesdy, unchanged at 3oc !;
sales 500 bales Houston steady, 50 points
higher at 2n5oc, sales 3, oo6 bales. Little Rock
quiet, unchanged at SOC; sales 1.sol bales.
The sun., 1918-08-14
Minneapolis ana Duluth Prices.

MINNEAPOLIS, Aug. l3-wheat cash.
No / Northern. old. s2.s2. corn-No
8 yellow. $l.7391.7S, Oats-No. 3
white, e5A Q66hc. Flax. s436@4.S9.
Flour unchanged Bran, $29.31.
The sun., 1918-08-14
COFFEE MARKET.

Price changes were unimportant in
yesterdays light trading, with the major
portion Of the list unchanged.
The sun., 1918-08-14
OUT OF TOWN MARKETS
BOSTON.

BOSTON, Aug. 13.-The market for cop
per shares was quiet, with firm tone.
Other stocks fluctuated in narrow limits
on small transactions. Summary;
The sun., 1918-08-14
NORTHERN PACIFIC MEETING.

'~ccAes arc rhiheo " tne H1ec"-
tive Committee.
At meeting Of the executive commit
tee of the Northern Pacific Railway
Company held yesterday afternoon the
corporate. organization Of the company
was completed. As a ANAL step in this
organization the following officers were
elected:
Treasurer, r. A Gay; assistant treas
ursr, E. NJ Willis: controller. F. w.
Sweeney. and corporate engineer, L. NJ
Perkins.
The sun., 1918-08-14
PITTsBURG.

PI1TsBURo, Aug. 13.-There was cons
tinued dulness In local securities, prices
moving narrowly on small total sales.
Summary:
The sun., 1918-08-14
PHILADELPHIA.

PHILADELPHIA. Aug l3.-There was
no feature TO our market, prices moving
in narrow limits Summary
The sun., 1918-08-14
BONDS.
BALTIMORE.

BALTIMORE. Aug. l3.-There was a
Arm undertone to local securities. with
the volume small. Summary:
The sun., 1918-08-14

At meeting o: the Directors held ia
day the usual quarterly dividend Of two
and one-half per cent on the Common
stock for the quarter ended S0th luna
last, being at the rate OF seven per cen,
per annum from revenue and three p4r
cent. per annum from special income &c
count. was declared payable LIST October
on 3ist August, 1918.
ERNEST ALEXANDER. Secretary
Montreal. Aug, i2th, 1919.
The sun., 1918-08-14

day.
The sun., 1918-08-14

5000 Am r & r Is. IN TIA 774 777t
600 Miss Rv Pwr SIS. 10 20 TO- 10
1900 Liberty 3hs...... 100 ,0s 100 Os ee.H % 81
1900 Liberty cow IS. 81 % ~ IA s. 90 "a e
5000 Liberty al Is. SO 50 "a 85 go % "a
1900 Liberty AIS 19+7. "a. oi 81 IS 81 o4 % IS
BOSTON CURB CLOSING
The sun., 1918-08-14
DIVIDENDS AND INTEREST.
Swift & Company
Union Stock Yards Chicago. Aug 18th. lsls
Dividend No. 1871

Dividend OF TWO DOLLARS (saoo,
per share on the capital stock of Swtf, a.
Company, viii be paid on october LIST 1915.
to stockholders of record, August slst 1siS
as shown on the books OF tho Company
+. $. HAYWARD, Secretary,
THE CANADIAN PACIFIC RAILWAY co.