davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-05-26
New Calcna Vein Discovered

The New York Office of the Callahan
Zinc Lead Company, which owns 81
per cent Of the 100000 share capital
ization of the Galena Mining Company
yesterday confirmed the report of a
discovery of Importance on the Gale1a
property.
"Official assays in the new opening" >"
sand the statement, "are IS per cent
lead and thirteen ounces of silver to
the ton for width Of four feet. This
compares with average assays of T
per cent lead and seven ounces of sill
yer for similar width in the lower
levels, with ore-bodcs varying from
us to 800 feet in length. The location
of the vein on the tunnel level $50
feet above the lowest workings not only
proves the ore for that height but
also indicates that it extends 10 the
surface outcrop, $50 feet above"
New-York tribune., 1922-05-26
" here Preferred Is Common

Quostion-Your investment Information
column has been of considerable interest
ana heip to me, and would appreciate it
RfS"tIN i YOU VIII give me your opinion
relative to Great Northern preferred and
American Ice preferred from an invest
ineht point of view. so what YOU know
regarding the backing of these two cor
pOrat1OnS.--C. c.
AnsWer-American Ice preferred is
reasonably good investment, especially
Tor business man who can keen in
touch with the earnings of the com
pany Earnings have shown steady
increase III recent years. Great North
crn preferred, however, must be re-
Gardod as a common stock, for there
mas been only one class of stock since
the company surrendered its right in
1893 to issue the $40 1000 900 common
stock originally authorized Dividends
on the preferred have been on per
cent annual basis payments quarterly,
but directors early in the year voted
to put the stock on a scmi-annual divi-
dend basis, deferring action on a divi-
dend at that time. There were rumors
at that time that the rate would be
reduced to 5 per cent, and the stock for
many months has been selling virtually
on the same level with Northern Pa
ciic, dividends on which were reduced
from 7 per cent to per cent soon after
action on Great Northern was deferred
What view Great Northern directors
Will take at the next meeting remains
to be seen, and holders Of the stock
must be prepared to accept reduced
dividend if directors decide this course
is necessary.
New-York tribune., 1922-05-26
Rallies i'm Wheat
After Early Break,
But End Is Lower
Trading Appears to Consist
Chiefly of Mopping Up
Wreckase of May Deal:
Close - to 4Ic Down

CHICAGO. May25 Wheat trading to-
day consisted chiefly Of what appeared
to be the hopping up of wrcckago Of
the May deal. Demand for wheat TO
deliver on May contracts here had
seemingly come to n halt, and with
chances greatly diminished for a
month-end squeeze something of a gen
eral rush to sell was witnessed. Tho
market closed unsettled - to 4l.c net
lower with May S12S to 81 2st2 and
July $l.2l2. to S1.2l7s
In n series Of price breaks which fol-
lowed tho opening Of business the ,narllo,
thn"erWent an extreme fan OF -. cents.
hnt then began to rally helpod hy mott,
taking on the part OF bear speGnlstors
tonsidera bic notice Was also taken of no
ta't Ia, that the Liverpool market had failed
ever the majority Of traders went on the
assumptlon that the report OF the collapse
OIL the May operations on the bull sida
r',n was an accompl'shed fact This view was
lutthered by continuance OF liQutda ing
ssleF' which were only offset in part by
@ ,ne acton OF ahorts in profit taking The
Eastern interests
dlsposition to be conservative on the
selling side developed during tho late trad
ing IN wheat, some leaders taking the
ground that sentiment had become too
unanimously bearsh and that technical
conditions could easly arise to give the
hand, the outlook was that the bulk of
the domestic available supply would he
located in Chicago by the end Of the
month. SO far the arrivals hero have
failed to be shipped out at all RAPIDLY
and new receipts to-day have tota1cd 500
carloads with the 1922 harvest In the
Southwest almost here
Corn and oats held relatively steady
owing TO smailness Of offerings Of corn
to arrive here
Provisions averaged higher in price with
hogs
New-York tribune., 1922-05-26
Royal Dutch Speculative

Question-Last month came into pos
pession of nifty shares Of Royal Dutch.
New York. DO you think they are suitable
for business man to carry? When do
they pay dividends and what rate? Please
give me few main facts about them
+. Il.
Answer-The Royal Dutch Company
is a Netherlands corporation, organ
lied for the purpose of working petrol
cum wells in the Dutch East Indies.
We assume that the shares you hold
are those known as "American' shares,
Dividends on these have been paid at
varying rates as follows: July, 1917,
S3.16; February, 1918, S2.17; May, 1918,
$2.4o; August, 1918, $3.09; February,
1919, $2.l1A; June, 1919, $3094; Feb
1920, $1.908; August, 1920, IS SAB j;
February, 1921, $l.65; July, 1921,
$2.7l6; February, 1922, $1.824. The
company appears to be we'll managed
and successfully operated, but the
American shares are speculative, in
our opinion.
New-York tribune., 1922-05-26
Sell Bankers Trust Stock

Prices ranging from S32850 to
S33S.5o per share were realized yester-
day for the 9,277 shares of Bankers
Trust Company stock, auctionel for the
account of the estate of +. c. Con
verse, deceased. The top price was OBJ
tained on one block of fifty shares
majority of the stock going at from
S332.50 to 1886. The stock was offered
in lots Of one share, with the privilege
to the successful bidder of taking up
forty-nine additional shares at the
same price. Most of the bidding was
by agents and the identity of the &c
tual purchasers was not disclosed, al
though good part of the stock was
believed to have gone to interests as
sociated with the Bankers Trust Com
panV.
New-York tribune., 1922-05-26
For Educational Fund

Question--As guardian, | Will have within
short time few hundred dollars to in
vest. desire to put this money. If posi-
bic. into perfectly safe security. which,
however. there is some chance OF investing
1t 80 that from time to time | can add
substantially to the principal. with the idea
OF adding sufficient amount. through
proper investment, to provide an eduCa-
ttonal fund for later use. Can you recon-
mend amy particular security of this type :?
Also Will YOU kindly give me your recon
mendation for the best type of securities to
purchase from time to time in small lots
Of from 500 to $500 which are perfectly
safe and Yet with possibility OF increas-
ing in market Value.-L a. j.
Answer-If you are considering an
investment with the sole idea of pro-
viding a fund for educational purposes
You might consider certain kinds Of
insurance policies. 1t is possible, we
understand, to obtain policies that will
pay specified sums after certain
length of time. Still, if you feel you
would prefer to hold securities you
might consider two classes: High grade
listed bonds, on which yiel dof to s
per cent could be obtained, or good
FIRST mortgage real estate bonds matur-
New-York tribune., 1922-05-26
Should Deposit Bonds

question VIII YOU kindly give mo the
I"""Nl"t intormaiion Have purchased
~ pef S"ino three or four years ago an
II'erporouFh Rapid Transit refunding
tef cent bond and noto that the commit.
zee are calling for tho deposit Of these
nohpN WIN them. DO you suggest that
deposit my bond do YOU think it ad-
Nfaolo not In do so? viii apprecia q
very much Your opinion. About ten days
HEo Puroh hased an American Sugar por
cent pond DO YOU consider this good
secure INVESTMENT + S. ".
Answer We think it would be ad
ylsable for holders of Interboroueh
Rapid Transit first and refundine s
per cent bonds to deposit them with
the committee. The American Sugar
hehning 6s arc reasonably sound
bond.
New-York tribune., 1922-05-26
Lilies i'm Cotton
|ro]low Declines:
Close Is Irregular
.,o,ious a, End of the
session Are 8 Points
u;rber TO ; Lowe
n : n, a nd for July

a,.lines as 4 result Of scatter
ssly ;ss,ion and more favorable
edyices were followed by raj
sue ne cotton market Yesterday
.ss- contracts, which sold off to
- is points net lower. advanced
su late IN tho afternoon and
q0OS. compared with 2o.o4 at
go ,..e m of the previous day. The
q, az market closed firm, net $ points
q 5 points lower.
fsa the early trading there was n
fa'sh., "a iaui6stc lons contracts or
f-sltssar ~ reaction. because Of tho I'M
. 20 1wsss,her aaa tho rosrihUltv ~
s-'a's. NOT much Iuly for sale. how
L ssfs lster traders short Of tho sum
~ s..i,,,r showed Signs cf uUcasinese
r. f.se fs~t -hs' he 'arRc stock Of
sceum'sied Here during the last
s1es gss fsU.nE 20 bring out July liqui-
~. .Aer nan showed much Ieec pre-.
80 oniy s. few scattering showers
g t-..-oo-tsd along the Texas coast. and
- -, wss for generally fair VSothcr
- T,s,r7 belt ia IN the afternoon,
= n-iyste TclcrtS came in az rains
-, srs OK 5hom8, which. combined
i - ssmard for lUiy contracts. were
-, ,or tnA a-c afternoon advance
~. ,,Aiss fron1 }lf ferpocl reported a
fr''sm s,ei spor demand. but said that
eosl. i gees ~ Manchester was quiet.
ss.,a' -s. 80 asare for the end OF May CON
~. i.e e &s rec&orcd by he Bureau Of
- r..l-steS -i pounds to tho acre.
~ sea authority who published
~ ~ i-its,on of 1o.eao.ooo bsies carly in
,.frs.s en tAe basis ~ former par valuea
;, ..al.a tha esr mate down 10 ln.2to. 0ol
- se1thern SPOT markets az officially
'.sr,,d we're unchanged TO IS points
sist'.
e.t and unchanEei 81 II soc for mlddling
{ .s'es we're reported.
rsors o. prices.
New-York tribune., 1922-05-26
He Recognizes "Wildcats"

Quos'ion-i understand that you have a
department. which gives advice to in
Neslors VIII YOU tell me what you think
oI Associated Producing and Refining Com
Ialy. delaware corporation. office st
touls Mo- and Central Copper? These
are '"lldcais, 1 know, but have they
Answer You say YOU know the
STOCKS or the companies you mention
are "lldcats. Any comment on our
part would seem unnecessary. as wild
cats arc never suggested bv us for
investment. Raising of capital by
corporation for the purpose of de-
termining whether it has a paving
business is often expensive for those
who buy the stock, and the purchasers
should be confined to those who can
afford to lose. We know nothing as TO
the prospects Of either company that
might make the stocks seem attractive.
New-York tribune., 1922-05-26
-Four jul columns Of in.
restment questions and an.
s1cers ,csll be published in
The Tribune euery Sunday
and Monday. On other days
one full column ,ciN appear.
Business Troubles
Petitions in Bankruptcy

The following petitions in bankruptcy
We're filed yesterday in the United states
cHATHAM SHIRT. co.-voluntary.
fha'ham nho ,-o shirt sso5
$50 East fremont av.. Bronx. Liabilities
NORRIS . sTRELTzER- Involuntary
372l Sd av., Bronx, furniture.
A. SCOTT CO, INC - Involuntary
wholesale silks 80 East 21st ST Liabii-
es zAD6Tg g'@ fI5fis .2o9G
THE DELToN PRESS 1Nc-nvolun-
tar!y; Tyaek' n = stationers. .
bilities S2.955 assets. sS52
GORDON. HECK & CO.-Noluntary A.
Broad 81. brokerage business. Liabilities
R & {. PAPER BON cO-lnvoIuntary.
so Greene st.
Receivers in Bankruptcy
The following receivers in bankruptcy
were appointed yesterday in the United
States District Court:
Moses Mosesohn for Sally Blouse Co,
Inc, 10 f. 33d st waists.
Eugene s. Benjamin for Phylp Mosko-
charles shonsood ''t; for r. .ioseph Costume
ST.. si.5oo' 5"''' ~ w. '''" st. with 00'' OF
Charles w H Jackson for Chatham
$4,000.
Charles Shongood for Shames & Froh-
man Co. Inc, boys wear, Sl3 Broadway,
with bond of 5000.
Charles Shongood for I.ucille Schuchman.
womens wear, S55 fremont aV., Bronx,
with bond OF 81 coo
Schedules in Bankruptcy
The following schedules in bankruptcy
vera filed yesterday in the United states
District Court:
CHATHAM SHIRT CO-shirt manufac-
80 ,I,,It n .
assets. s205.Sl
LUCILLE SCITUcHMAN-S55 e Ire
mont av the Bronx Liabilities, $3,lo2
assets. $4,000
GORDON. HECK & CO.-Bro<erag hus
ness. A Broad st. Liabilities. S7.S06, no
GEORGE EMMENs- Fort Hamilton
Parkway; Brooklyn. Liabilities. $2's55'
WECHSI.ER JEW ELRY CORPORATloN
-l25 Canal st Liabilities $59,163, assets,
s29324
sunshine SILK HOUSE 2ool ID av
Liabilities. 1860; assets $6,a+0.
LAZARUS g. HEW FIELD 81 w SD St
liabilities sG0520; assets $26,050.
bilities, $342,245; assets, $50 500.
HELLER ROSENBERG co, INC
Waists Liabilities. s5.462; assets Sails
Schedules in Bankruptcy
LAZARUS & HEWFIELD-$2 West sgd
JAMES w. BALL & CO.-~Brokers Lila
bilities s542.245; assets. s2o,6oo. The liahil
tiles consist in part of unsecured claims in
the amount of 1892, ,o02
HELLER -ROsENBERG co. INC
Waists Liabilities, S5.i62; assets $3.115
New-York tribune., 1922-05-26
Country Produce

bu''er Receipts were 13,3os packages.
Creamery. higher than extras ID. 379
@I1aci extras % score 3s;. q rs NC; lrsts,
q &c. seconds, S2 a 53mC. lower grades
80 h q 81 'ac centralized cars. 90 score, 35c
score 30 Il n 3i2c. unssited. higher than
extras SS'a q 39l2c: extras % score, 81 l2
{" 3Ac. 0rsts, 54 2 q 57c' seconds, 80 q sac
lcWer grades. ~ he; sta, dairy, tubs,
finest. % L q $6c; good to prime 34 q Soc,
common to fair, 80 q sac. ladies, current
ms he extras. CSC; nrsts, 2+a 25c; seconds.
Ing atottIs' current make, ~. !. "a y a 24c,
40. .. 22ia q CSC lower gradee IS a 22c.
Checsc-Recetpts were 2.o31 boxes. New
York state fats, fresh specials. 49,. q
lS&- average run, ia. QlSc; twins, fresh
specials. 18 n iS1ac: average run 17s.c:
Wisconsin, fresh double Daisies, 1877 a
l'@sc single Daisies lSA. q 19c, Young
Eggs Receipts were 25,o o93 cases Fresh
gathered, extras. dozen, 30 u n 311sc; stor-
Sc packed. extra hrsts, 29ia q G3oc, storage
oN'rs drst. 27'7 02si i2c. nrsts, 2s p Il 81 lg G;
seconds and poorer, 24Q 26c; trade eggs,
y 2 a 5i2c dirt'es. storage packed. No !.
Is q q lzc; dilties, regular packed. 10. /.
"a = n .5c; No and poorer. 81 q 24c
Jersey, hennery whites candled extras.
80 NJ SIC; unCandlcd extras, - Il sc. nearby
and nearby Western hennery whites aver
aso extras. @4g35c: extra hrsts. 81 a 33c;
hrsts TO extra frsts. 29@ SIC; under grades,
90 a 28c, Pacific Coast, whites. extras,
% q SIC; extra frsts. sag 85c irsts. 500
&2c, under grades. 2S q 29c: other Western
anl Southern gathered whites. 27Q 32c
nearby aud nearby Western hennery
browns. extras. 32@3lc; nearby brown and
mixed colors. gathered EXTRAS, 80 u q 81 ~ c
hrsts to extra trsts - q 20 Il
Potatoes-Fls. bbl $1.5OQ $3.50; S. G.
CobbIcrs, $2@$6; Ber. bbl.. s5ass; State
and Me. Old, $50 BIS, $2.25Ql So, ls5 lbs,
s2G $40: $50 lbs, S2Q$2.25 sweets. Jy.
bsk. S2Q$8, Del and Md. bsk,. SOC q
$3.50; Vans, Va, bbl, $2.5o@s92 %; Ca,
bsk., 75c 70 $3.50; crt., slq s1.lo; Asparagus.
Del. and Md. dozen, S2Q$5; Jy. sl754
S. Penn Sc Sc.
New-York tribune., 1922-05-26
Famous Players Profits

Famous Players-La Lasky Corporation
reported for the three
months ended April !, 1922, net oper-
ating profits of $l,210.250 after deduct
ing all charges and reserves for Fed
eral income and excess profit taxes.
After allowing for payment of divi-
dends on the preferred stock. the
earnings are at the annual rate Of
S19S2 on the 2O6834 shares of common
stock outstanding.
New-York tribune., 1922-05-26
international Cement Report

The international Cement Corpora
tion reported net incomes for the
quarter ended March 81, 1922, after
charges, depreciation and taxes, If
S197.820, equivalent after preferred
dividends to 52 cents a share earned
on tho 342.722 shares of common
stock Of no par value. This compared
with net income of S189 ,263 in the
preceding quarter and S499,6 $50 in the
-coIresponding period in 1921
New-York tribune., 1922-05-26

ing at about the time the fund would
be needed for educational purposes, on
which a yield of from 6 TO 612 per cent
could be obtained For your purpose it
seems to us the latter might be suit
able. if you felt it would not be neces-
sary to dispose of the holdings on short
notice. Then additional sums accumu-
lating for this Investment could be put
diversifying your investment Such Sc
curlties are frequently mentioned in
The Tribune.
New-York tribune., 1922-05-26
New York Metal Market

On the New York Metal Exchange
tin was quiet but firm, with Straits
and Straits shipments quoted at 3l(G
3l.50c; standard, 30.50d 3lc, and 80 per
cent 30.37l2 asked Copper steady;
standard, spot and May, l3.25c asked
and electrolytic, spot and May, 13.5OG
lac, Lead firm; New York, spot, 5.s5c
asked, and East st. Louis, spot 5 soc
asked. Zinc firm; New York. spot,
5.55c asked, and East st. Louis. spot,
15Gn- 20c
New-York tribune., 1922-05-26
Investment
Information.

Questions Of general interest to in
resfots WiIf be onstDered in this COLI
tt'nn. ~ which case only initial ls ,Uill
DC used. Others ,0ill be ansmercd BIZ
moL Address all inquiries. inclos-
,ng stamped addressed enpciope, to
Fhdnc'al Editor, The Tribune, 154
Nassau Street, New York City.
New-York tribune., 1922-05-26
FINANCIAL MEETINGS
THE HANOVER NATIONAL BANK
of the City of New York.
Ma ssau and Pine Sts.
New York Nav 4 lNaS.
To the Shareholders

ANtW 1UFhs nay ., IS1N
To the Shareholders
OF the Hanover National Bank
OF the City OF New York.
Notice is hereby given that q special rnsets
ing OF the shareholders of this Bank has
been called and will be held at 10 O'Clock
a; NJ. on Tuesday the sixth day Of June.
National Bank of the City OF New YORK.
corner OF Nassau and Pine Streets. ManhIt-
tan. City OF New York. TO vote upon the
following resolution:
RESOLVED. that. under the provisions
Of the Act Of May l. 1886. the Capital Stock
OF this Association be increased in the sum
o. 81 900, 900. making the total capital
$4,000 900. Said increase shall be made by
q stock dividend from the undivided profits
OF the Bank and to vote upon such other
matters as may properly be brought before
said meeting.
BY order OF the Board Of Director,
WILLIAM e. CABLE, JR.. Cashi.>.
New-York tribune., 1922-05-26
FINANCIAL
American Telephone & Telegraph Co.
Thirty Year Five Per Cent Collateral Trust
Gold Bonais. due DeceInher l. 1916

Coupons from these Bonds. payable by
their terms on June /. 1922 at the office
or agency of the Company in New York or
in Boston, Will be paid In New York at the
Bankers Trust Company. 16 Wall Street or
in Boston al The Merchants National Bank
H. BLAIR SMITH. Treasurer,
New-York tribune., 1922-05-26
III
Mid State Oil
- .........
NJ, Is md r


NJ, * and r
VIII be greatly obliged If you viii tell
me the meaning of the symbol &C. X.
Answer What are known as put
and CALI brokers handle the business
OF Sc ling optons-puts and calls on
practically all listed speculative So
curitles that are classed as "active"
lhey may be reached through any
brokers' Office doing a speculative bust
ness and charge a commission Of
about 10 per cent of the selling price
Of the option Gin Wall Street par
lance, "privilege"D for their services
as agent. The letter IS" in the first
instance you cite, is used to denote
that the sale mentioned took place at
some time previous to those listed be-
fore it, recording having been tenn
porarily overlooked. In the second in
stance 's' reads "seller" and the quo
tation expanded would mean 900
shares of Missouri. Kansas & Texas
at 11+s; seller 80 days" The last
quoted term gives the seller of the
stock the option of delivering the stock
any time within 30 days from the date
OF sale.
New-York tribune., 1922-05-26
VIRGINIA IRON, COAL & COKE co

New York. May 20. 1922?
A. a. meeting Of the Board of Directors
held to-day at the Offices OF the CompanH .
20 Wall Street. New York. a dividend Of
z sS was declared on the Preferred Stock
payable July /. lo22 TO Stockholders Of
record at the close of business June 1s
w. Ihe transfer books viii not be closed
JOHN Is. NEWTON
New-York tribune., 1922-05-26
= @. of Y. Y. Election

At the annual meeting of stockhold-
ers of the Standard Oil Company Of
New York yesterday, Peter NJ. Speer
was elected director to succeed Mar
tin Carey deceased. Howard f. Cole
was elected a vice president to sue
ceed Mr.. Carey. c. NJ. Higgins was
elected seCretarv
New-York tribune., 1922-05-26
w pGneS
sathern spot Markets -Galve

sathern ~p0I NArkets -Iia Weston sttalV
L ooints higher AZ - soc, sales l.7Gq
|s.s New Orleans steady UNCHANGED at
sa,es g25 hatos Mobile stoadv. un-
angel at ao saics. In balos Savannah
a9y l5 paints higher At 2n13c. sales
b>ies Aie-r his steady. unchanged at
| ssie> raIos Houston steady. 10
ls h gher at -o.4ec, sales. l.357 oaies.
i'e R1cn s.aaay. unchanged at l96 6Oc
ses 20 ha.es Dallas steady. Is points
,,ssr a. ls Nae. sales ] 40 bales Fort
Fa-;h s,esd3. I9 points higher at 1850,
ss l6s t7 es. IUntgomery unchanged
e IL e---e ~.
New-York tribune., 1922-05-26
THE MoNTANA POWER COMPANY

FREFERRED STOCK DIVIDEND NO. 50
regularly quarterly dividend OF onA
and three quarters per cent q y &c on this
Preferred Stock has been declared, pAy
able July /, 1922. to stockholders OF record
al the close Of business on June I4, 1922
COMMON STOCK DIVIDEND NO. SO.
dividend of three quarters OF one per
cent q oel on the Common Stock has
heen declared. payable July l. 1922 to
stockholders Of record at the close OF bust
ness on June IA 1922. Checks will be
mailed WALTER DJTTTOE Treasurer
2a Ernl q Now. Xnr,,
New-York tribune., 1922-05-26
TEXAS PACIFIC COAL & OIL COMPANY
Di,.il No

Fort Worth. Texas Nay "a 1872
The Board Of Directors has this day de-
ciared the regular qCarterly dividend of
two and half per cent (25 cents per
share) the capital stock of this com
pany, payable ,Iune 80. 1922. to stockhold-
Il, 1922.
Checks VIII be mailed
J. r. Penn President
New-York tribune., 1922-05-26
PROPOSALS
INVITATION TO CONTRACTOR
INSTALLATIONS OF FROGS. SWITCHES
AND TRACKS AND PREPARATION
OF TRACKS FOR STORAGE OF
CARS, both STREET YARD, WHITE
PLAINS ROAD LINE, ROUTE NO. l8.

Sealed bids or proposals for the in
81 s1 liation Of frogs switches. tracks bump
laneons constructlon work incidental to
the preparation of yard tracks for the
storage OF cars in tho 1s0th Street Yard Of
tho White Plains Road Rapid Transit Rail
road, in tho Borough Of the Bronx, city OF
Now York. Will be received by the Transit
Commission OF the State of New YORK
behalf of the city of New York at the
offtce Of the Commission. at 4s Lafayette
CITY. until the "a day Of June. 1922: at
eleven thirty Gl3o) o'clock, A NJ. day
nsat kht r SAYING & at ~ 1heh a. a,sa tine ev .ba ,b
Commission the proposals will be publicly
opened
The Contractor must complete all til.
date Of delivery Of tho contract
A fuller description of the work and
hcations are given in the forms Of agree
ment. bond and contractors proposal and
deemed part Of the Invitation and copies
of which may be inspected and purchased
at the said office OF the Commission.
No proposal will be received unless ac-
companied by a separate certified check
for three hundred dollars (s3oo.o0), pay
able to the order of the Comptroller OF
the City and drawn upon National
state Bank or trust company satisfactory
to the Comnission and having IT'S princi-
pal office in New York city. Such Check
must not be enclosed in the envelope con-
tanning the proposal.
The award OF the contract will be made
by the Commission as soon as practicable
after the opening OF the pro oposals.
Deposits made by bidders, except the
lowest and next to lowest bidders. will be
returned within ten GG) days after the
receipt Of bids. The deposits Of the low .
est and next to lowest bidders will be
turned within three 90 days after the
delivery of the contract.
The right to reject any and all bids is
reserved
New York May IT. 1922.
TRANSIT COMMISSION.
GEORGE McANENY. Chairman.
JAMES B. WALKER, Secretary.
New-York tribune., 1922-05-26
-------------------7--e e---------------
London Metal Market

LONDON. May 25. Standard copper,
spot, f62 los; futures. G62 It's Cd cleo
trolytic, spot, 36S los; futures, $40 los.
Tin, spot, 9l51 2s Cd; futures, el52
12s Cd. Lead, spot, e24 Us Sd: futures,
223 IS Cd. Zinc. spot, 927 Us Cd fu-
lures, E27 los