The Brooklyn Daily Eagle from Brooklyn, New York • Page 23

Brooklyn Daily Eagle Financial Section REAL ESTATE SHIPPING COMMODITIES BUSINESS NEW YORK CITY, WEDNESDAY, APRIL 15, 1936 Ml 23 MADE TRUSTEE Asks to Be Let Alone Closed Bank Steel Production Moves Up 2 Points What They Talk About In Wall Street Bell System Reports Good i Income Gain Earns $7.13 Per Sliare in Year Compared to $3.59 Previously Good Showing By Business Seen by Ayres Storms, Floods and Unsettled Foreign Affairs Drawback Little Indication of Reaction Later-Railroad Buy Payoff Action Is Demanded Depositors Would Get 60 Percent Under Barbour-Moore Bill By EDWARD A. RL'HFEL ing Is Increasing Auto Demand Better -Building Industry Makes Purchases differentials. As had been antici In many respects, the rally in the forenoon and early afternoon today resembled a nervous rebound from a sharp loss rather than anything decisive. Often, sellers on decline Bslf themselves just why they were stampeded; often, too, buyers who had been holding oft welcome the waling down, though it does not follow that the move will create any great enthusiasm. pated, buyers are offerinir 150-ton orders If shipments may be extend Business has made a suffiflently Washington, April 15 t4) Barbour N.

moved to good showing during the first quar ter of this year to warrant the conv ed over a period and are also suggesting the placing of aggregate tonnages involving several sizes and ment that it has done well in view day for immediate action on a bill introduced jointly by himself and Senator Moore N. to pro- vide a 60 percent payoff to de of the adverse circumstances that specifications. Mills are steadily resisting this pressure and are even have prevailed," says Col. Leonard P. Avres.

vice president of the positors in national banks which considering the extension of the quantity differential system to other finished steel products. Cleveland Trust Company. closed on or after Jan. 1, 1930. Several Important houses turned mildly bearish because of yesterday's performance.

Instead of advising purchases on dips, they now counsel lightening commitments on "Expanding demand for finished steel products is noticeable this week from practically all consuming outlets," says Iron Age. "The automobile industry is pushing for deliveries on May schedules. Railroad buying has been accelerated. Shipments to farm implement makers are well sustained and general agricultural demand is stronger. Heavy construction activity is dragging, but the building Industry is taking large tonnages of steel on old contracts.

Tin plate buying is at an improved rate and sheet and strip steel Is moving to miscellaneous manufacturers in larger volume. "In fact, the current picture offers little indication of a reaction In the rate of steel production for at least "The unfavorable conditions that In a letter to Chairman Fletcher The report of Bell system (Amer ican Telephone Si Telegraph Com pany and its 23 associated tele-phone companies) for the 12 months ended Feb. 29, 1936, shows net income applicable to the stock of American Telephone Si Telegraph Company of $138,645,729. equal to $7.43 a share on the company's shares of capital stock. This compares with $111,231,372.

or $5.96 a share on 18,662.275 shares for the 12 months ended Feb. 28, 1935. The report of American Telephone Telegraph Company only for the 12 months ended March 31, 1936, The week's railroad purchases have combined to prevent more Fla.) of the Senate Banking I rapid improvement have included and Currency Committee Barbour rallies. the exceptionally severe winter have been Impressive. The Baltimore Ohio has placed 25.000 tons of rails, the Rock Island has completed the allocation of 40,000 tons, weather, the destructive floods, the said I hope that your committee will take immediate and affirmative action as early as possible so that writers of "puts" who were disquieting news from Europe, oi wnicn Zb.000 tons were ordered in Africa and Asia, and some of the legislating and investigating being the measure may reach both Houses before adjournment of Congress." I the previous weei.

and the Chicago Eastern Illinois has awarded 6,000 tons. Miscellaneous rail releases at The message would direct the Re carried forward by the Congress. These may be summarized as the construction Finance Corporation to J. J. Pelley, president of the Association of American Railroads, who appeared before the Senate Interstate Commerce Committee on the Wheeler-Crosser bill, urged that the dismissal compensation problem be left to the railroads, contending that they were "doing very well with the problem so far." factors of weather, water, war and George Schneider purchase all the remaining assets of closed national banks and imme another month.

Ingot output this uncertainty. Chicago total 25,000 tons, and an equal tonnage of accessory business has reached mills in that district. "The Erie has ordered 800 freight cars and the Missouri Pacific Is asking for bids on 2,000. Three week is at 68 percent of capacity, a rise of 2 points. While a leveling- diately pay 60 percent of proved claims to depositors.

"The security, markets continued to reflect prevailing confidence, and Name Schneider "I realize, of course, that an ad most of the current comment ap subject to minor changes, shows net income of $130,157,095, equal to $657 a share on 18.663.188 shares. This compares with $118,916,232. or $6.37 a share on 18.662,275 shares, for the 12 months ended March 31, 1935. Quick Action Promptly complying with the request recently made to listed corporations by the New York Stock Exchange for interim earnings state verse report has been made on this ofl around the 70 percent level would not be surprising, the strong and diversified character of current demand would seem to preclude any pearing in the business pages of our newspapers is optimistic in tone. wrong last week, are sticking to their guns.

They were reported offering their wares the privilege to deliver to the writer stock at a certain price only a trifle under the market. U. 8. Steel and General Motors both were quoted half-a-point down. Clearly these people do not expect much in the way of a drop.

Explanation for yesterday's drop most generally accepted In the Street was that refusal of the public to rush in and buy at the top levels, together with lessened European interest, and evidences that the market was hollow in spots, disturbed the optimism of the large professionals. When the military general staffs of the former allied nations meet, bill by Mr. Morgenthau, Secretary of the Treasury," Barbour wrote, thousand cars for the Pacific Fruit Express are still pending and the Chesapeake Ohio Is expected to Perhaps the natural forces of re tendency to decline. covery are operating as vigorously "and that you may feel obliged to give his opinion considerable "The recent heavy production of inquire soon for 5.000 to 6,000 units. as it is reasonable to expect them to, weight.

Mr. Morgenthau's datailed The New York Central has ordered Floating Steel Stocks Rise Bank Trustee Hamburg Savings Adds to Board-Heads B'klyn Beverage Company seven Diesel electric locomotives and the Louisiana Arkansas has light-finished steel products is apparently enabling mills to clean up shipments against low-priced first quarter orders sooner than they had and critical analysis of the bill touches on almost every feature of it save the one that I believe should enlist our sympathies, the fact that depositors in national banks lost placed five steam locomotives. anticipated. In some instances, con "Scrap prices reflect no definite trend. No.

1 heavy melting steel sumers are placing new orders for but there are at least two factors in the general situation that are less than fully reassuring. One of them is of course the continuing large volume of unemployment. Just how large it Is we do not know, but all careful estimates agree that the numbers of those out of work are distressingly large, and but slowly diminishing. "The other sobering fact about the progress of recovery is that the ments on a 12-month basis American Telephone Telegraph Company has issued two reports that tarry out the Exchange's recommendations. American Telephone's toll and long distance calls In the first three months this year were 13 percent greater than in the like 1935 period, according to Walter S.

Gifford, pres urgent shipment and the automo at Chicago has reacted from last week's decline, and the Iron Age scrap composite is up 5 cents a ton thousands of dollars from failure of those Federally supervised institutions and some of them have never been paid a penny." Barbour said he would welcome tive industry is making new com mitments for May and June assem blies. About 21.75 Percent of Total Outstanding in Hands of Brokers to $14,63. The finished steel com posite is unchanged at 2.097 cents a pound, and the pig iron index Is George Schneider, president of George Schneider manufacturers of carbonated beverages, was elected a trustee of the Hamburg Savings Bank at a meeting of the board of trustees yesterday, according to an announcement "This has led to a rather early test of second-quarter quotations, particularly as they involve quantity holding at $18.84 a gross ton." increases in the volume of industrial any changes in the bill which would meet Morgenthau's objections, while at the same time affording unpaid depositors some relief. "I am convinced," the Senator ident. The average number of telephones In service was 3.8 percent greater while there was a net gain of 201,000 stations against an increase of 113.000 stations in the production are no larger going for The floating supply of United States Steel Corporation common stock on March 31, as Indicated by Hoe Proxies initial three months last year.

ward as rapidly as they were earlier in the recovery period. The average of production In the first quarter of 1933, at the time of the bank crisis, was 57 percent of normal as meas made by C. William Wohlers. Mr. Schneider is president of the Schwaebischer Saengerbund and is an active director of the Wyckoff Heights Hospital, as well as a member of the Kiwanis Club of Ridge- said, "that the Government should extend the same measure of protection to the smaller minority of those who were caught in the bank panic at the beginning of this Administration, and should give them the Statement Consolidated Income account of the Bell system for the 12 months ended Feb.

29, 1936, compares as follows: Bei Checked ured by the index illustrated In the ins the nervous systems of the world's markets may be forgiven if they twitch a bit. Add reasons for decline: The Impending French elections, which, many feel, will result in a swing to the left, interpreted to mean devaluation, which in turn would be disturbing though ultimately beneficial. Good quarters were saying that, although recession may go further, there should be no fear of a repetition of 1933, and that there can be no "falling out of bed" while business Is doing as well as it is. Some divergence of opinion Is arising among the steel authorities. While "Steel" yesterday saw the industry topping off, Iron Age to diagram on this page.

In the first quarter of 1934 the average was 74 same degree of protection that it gives to bank depositors today." 1936 1935 $946,109,165 $887,368,257 654.822.730 619.874.902 U. S. Electric Output Up Increase of 12.1 Percent for Week Compared to 1935 Period Production of electricity by the Electric Light and Power Industry percent of normal, or an advance or 17 points In one year. In the first Oper. revenues "Opfr.

expense! Taxes Renewed Balloting Later 99,286.701 90,313.027 holdings in brokers' names, was 1,893,060 shares, or 21.75 percent of the total of 8,703,252 shares outstanding. This is an increase of 16,442 shares as compared with Dec. 31, 1935, when brokers held 1,876,618 shares, or 21 56 percent, of the total. On March 31, 1935, the floating supply was 1,683,237 shares, or 19.34 percent, of the total. The position of Wall Street, which is indicated to an extent by brokers' holdings in New York State, amounted to 1,645,041 shares, or 18.90 percent, of he total at the end of March compared with 1,638,079 quarter of 1935 the average was 81 Oper.

earnings 191.999.644 percent, or a further advance of 177.178,328 5.718.00O 182.896. 32B 57.553.768 125.342.560 wood. He is prominent in many social and fraternal organizations. For 38 years he has engaged in the manufacture of beverages, his plant being a pioneer in the field in Brooklyn. The Hamburg Savings has total resources of $24,000,000 and serves more than 40.000 depositors with its offices at Ridgewood and Cypress Hills.

Fed! Competition only seven points. In the first quar President Reports Outlook Mucb Better ter of 1935 the average is 84.5 percent, or an advance of only 3.5 tother net 13.150.000 Total net 205.749.644 Int. deductions. 52. 201.

138 Net Income 153.548 508 Applicable to stocks of associated companies held by public 14.902.777 Net income applicable 10 A. T. stock 138.645729 Hurts N. Y. Dock points in the year.

The stockholders meeting of R. 14.111.18S It continues to be true that tne Hoe which convened at 11 development that would be of the 111.231,371 Active competition from tax-free. a.m. Tuesday morning, recessed at day was quite sanguine, felt sure of the United States for the week ended April 11 was 1,933,610,000 greatest aid to the general business situation would be a large Increase Government owned properties, par 1:30 a.m., today until 10:30 with an ticularly those in the Port of New agreement that checking of proxies Candymen Tell Includes current maintenance, traffic, commercial, teneral and miscellaneous expenses and operating rents. Includes proportionate Interest In earn K.W.H.

versus 1,725,352,000 in the like 1935 week, an Increase of 12.1 percent, according to Edison Electric Institute. by different factions would then be resumed. York, continued unabated last year, D. L. Tilly, president of New York Iniis or deficits of controlled companies shares, or 18.82 percent, at the end of December and 1.511,699 shares, or 17.37 percent, on March 31, 1935.

Holdings of preferred stock by brokers on March 31 totaled 390,502 shares or 10.84 percent of the total of 3,602,811 shares, against 393,699 shares or 10.93 percent on Dec. 31 Of 'Coercion' No balloting for directors will take including western Electric Company) not consolidated, partly estimated. Dock Company. Informed stockholders in his annual report. The in the volume of new construction.

It Is difficult to estimate what normal levels of construction are, but it is probably true that construction way going forward at about one-quarter of normal volume in the first quarter of last year, and that it is now at about one-half of normal." place before 2:30 p.m. today. OutDUt in the week ended April totaled 1,916,486,000 K.W.H. ver Samuel Zlrn. of the independent Treasury Statement sus 1,700,334,000 In the correspond class A stockholders committee report as of Dec.

31, 1935, shows a loss from ordinary operations of $113,820, after charges but before and 364,202 shares or 10.11 percent challenged the right of the man ing 1935 week, an Increase of 12.7 per cent, and In the week ended on March 31, 1935. that the rate of operations would rise to 70 percent, and talked enthusiastically of Incoming orders. Steel buying by the railroads and for rail equipment is reaching impressive proportions. "Light building" activity Is currently reported at the highest rate since 1930. One of the Important reasons for limited foreign stock buying In recent markets Is the threat of heavy taxation on dividends going abroad, now being mulled over in Congress.

Even the Stock Exchange must March 28 came to 1,867,093,000 agement to vote proxies going to it because of its announced Intention to vote only for directors of its K.W.H. versus 1,712.863,000 In the Washington, April 15 The position of the Treasury April 13: Receipts, expenditures balance, customs receipts for the month, $14,289,316.16. Will Address likwe 1935 week, an Increase of nine choice. Fred L. McCarty, president, said percent.

that for the five months ended Feb. Percentage increase In output by Purchasing Agents To Hear Kaltenborn H. V. Kaltenborn, editor, author and dean of America's radio speakers, will address the meeting of the Purchasing Agents Association of New Bank Auditors major geographic regions compares special charges, and a net loss of $1,258588. Including special charges.

"Greatly diminished demand for storage warehouse space, due to conditions existing in the various commodities markets, was the primary cause of the decrease of $154,368 in storage warehouse revenues," he said. "Revenues received from manufacturing buildings totaled $1,117,370, or $21,871 more than in the preceding year, setting a new high record for revenues from this source." 29, the New York Hoe Company had shown an operating profit of $61,236 and the London company an as follows: BANK STATEMNT9 Week Week Apl. 11 Apl. 4 operating profit of $29,358, or total Arthur W. Sauer, auditor of the operating profit of $90,594.

Inter New England 11.2 7.2 Mld-Atlantlc 9.8 13 Central Industrial 13.2 13.6 York at the Builders Exchange Club, 2 Park New York, on Albany, N. April 13 (P! The Federal Trade Commission continued its inquiry into price fixing in the candy industry today after hearing witnesses testify that they were persuaded to join the Capital District Confectionery Association. Thomas F. Connor, of Cohoes, testified yesterday he joined the association after one of Its officials told him "the factory representatives would not call on me unless I joined." H. W.

Desormeau, another Cohoes jobber, said he joined after candy salesmen said "it would be good policy for me." John Keenan, commissioner examiner, presided at the inquiry which involves about 700 candy dealers in the State. It is based on a formal complaint of price fixing filed by the Government. General Motors Williamsburgh Savings will address the fourth annual Eastern regional conference of the National West Central 8 1 10 est charges for the period were $118,402, leaving a net loss of April 21. Southern States 12 7 12 Rocky Mountain 18 2 16 Mr. Kaltenborn, who during the Association of Bank Auditors and 808 against a net loss of $285,962 In the same period of the last fiscal Pacific Coast 12.2 13.6 past five years has traveled more Controllers at Baltimore Friday aft Total U.

12.1 12.7 report of mr. CONDITION OP THE KINOS COUNTY TRUST COMPANY, 342 Pulton Street. Brooklyn, New York, at the close of business on the 27th day of March, 1936: RESOURCES Specie 15.15186 Other currency authorized by the laws of the U. 8 3.559.820.00 I 2 574 971.88 Cash Hems, viz: Eichin ses and checks for next day's clearings 21,140 24 Other cash than 60,000 miles and delivered ernoon. year.

Standard Gag Gains nearly 2,000 addresses and radio His subject will be "Control on Mortgages and Real Estate." The Electric output of Standard Gas The company booked $2,168,155 of new business in the first six months of the current fiscal year, or a little more than was booked In the en talks, will tell the purchasing agents of the Metropolitan district of and Electric Company for the week conference will begin Friday morn MADISON SQUARE GAINS Estimates from Company sources are that Madison Square Garden Corporation will show net profit for fiscal year ending May 31 of over $280,000 or about $1 a share, against $179,568, or 64 cents a share, in the last fiscal year. ended April 11, 1936, totaled 91,687,. ing and close with a dinner Sat world conditions. His topic will be have been surprised by the speed with which American Telephone responded to request for interim statements on a twelve months basis. As the Street remarked: "What a swell accounting division that outfit must have." In twelve Vonths to Feb.

29 American Telephone earned $7.43 a share as compared with $5.59 In the corresponding twelve months In 1933-1934. In the first quarter of 1936 toll and long-distance calls rose 13 percent, which, with the gain in stations, means further income gains. 580 kilowatt-hours, an increase of urday night. "We Look at the World." tire previous fiscal year, Mr. Mc Carty said.

13 4 percent compared with the cor Items 10.750 08 responding week last year. Unfilled orders on April 1 were $1,000,000 greater than on April 1 Water Works Output Up A Line on Liners 31,890 31 11.677,118.19 30,291 41 last year, he said. The American Water Works re Money Market The financial position of the com ports electric power output up 18.9 pany has improved with current as percent. sets now a little more than eight -By TOM GULLETTE- times current liabilities. Cash on Apropos of sea terms and their Neither the centipede nor the hand April 1 amounted to about Foreclosures origin about which we wrote in People who follow aviation close- shark's mouth bites, foxes are sel $800,000.

Due from approved reserve depositaries, less offsets Due from other banks, trust companies, and bankers (Domestic) Bond and stock 1 vestments. vii- United States Governm securities (direct and fuUy 11.651.144.73 Other public securities (Domestic) 3.847,242.68 Other public 1 1 1 ei (Foreign) 702,168.85 Other bond and stock Investments 8 315.081.87 ly say that the current Federal this column some weeks ago we dom seen on a whaleback, but at a "A very substantial volume of new read an article entitled "The Ship's press business is now in prospect, for the Chance-Vought pursuit Exports Rise General Motors overseas sales In March reached 32.793 units, highest monthly total since May, 1929. and ga.tn of 17' percent over February and of 22.9 percent over March, 1935. First quarter sales were 86,291, against 69.309 year ago, gain of 24 percent. Donnho, Moore Co.

has announced that the offering of 55,000 shares of the Haloid Company common slock has been Call money renewed at of 1 percent. Spot Silver Firm Handy Harman quote silver, New York foreign 44 cents, unchanged; domestic, 77 cents, unchanged, and London 20 pense, up 3.16 pence. London Silver London reports bar silver 20U pence, up 3-16 pence; forward 20 5-16 pence, up 3-16 London Gold Price In Brooklyn Off James N. MacLean, general chair planes for the $3,000,000 or so of Mr. McCarty said.

Flood Conditions Hit Credit Sales man of the Municipal Committee 24,515,638.11 for the Relief of Home Owners, re Loans and discounts secured ports that foreclosure sales for Gold bars were quoted in the London open market at 140 shillings, sold and that subscription books have Brooklyn have decreased 12.5 percent for the first quarter of this year as compared with the same 326,585,51 4.559,586 6 Government orders tD be placed. This is a United Aircraft subsidiary. Incidentally, these tests are directing close attention to the fuel Injection system versus carburetors, which has Important bearing on the. motors accessories companies. Lengthening days normally cause some recession in consumption of electrical energy about this time, but industry apparently is taking ud the slack.

The favorable spread navy yard a camel may come alongside." We interrupt here for a moment to explain we are very pleased to have something we can explain that a camel is nothing but a raft used as a bumper between the ship and pier at docking time. Not so long ago a report came over the ticker at police headquarters that a camel was floating down the North River and a few minutes later a regular army of reporters and photographers streamed out of headquarters. They were a bit more than chagrined when they found he camel was only a raft. But getting back to Admiral Bel knap, he notes that "the ship her 10 pence, unchanged from Tuesday, been closed Menagerie," by Rear Admiral Reginald B. Belknap, U.

S. Retired, which will appear in the May issue of the Lookout, official publication of the Seamen's Church Institute of New York. Admiral Belknap Is a member of the institute's board of managers, and we are indebted to Miss Marjorle Dent Candee, editor of the Lookout, for permission to use the article. Speaking of the animals on board ship, 'niral Belknap says: "When Noah put the ark out of commission, he was not accountable to anybody for getting the animals ashore and so, evidently, some of them stayed behind long enough to leave their marks on board, some of which have come by bond and mortgage, deed, or other real estate collateral Loans and discounts secured by other collateral Loans, discounts and bills purchased not secured by collateral Bonds and mortgages owned Overdrafts Real estate, vli: Bank buildings 895.000 00 Other real estate 545.237.15 1.386 154 88 2.033.653 4 S71J1 Shipping Table Incoming Passenger and Mail Steamships 1.140.237.15 424.807 81 of last year continued at over 12 Other asset! TOMORROW From percent. Estimates are heard that Corn Due to Dock Pier Shin and Line self has a head, eyes, waist, body and bowels, a forefoot, a regular Products will show better than $1 a St.

Louis. April 15 The National Retail Credit Association reported today that credit sales and collections for March slumped throughout large areas of the East, due to severe flood conditions, while an improvement in general business conditions helped retail sales In other sections of the country. The association analyzed reports from 58 cities, representing 15,764 retail stores. Thirty-eisht cities reported increased collections, 19 cities had decreased collections and one reported no change. The average increase for all cities was 4.2 percent.

The greatest increase was 61 percent at Canon City, and the greatest decrease 20 percent at Augusta, Me. Increased credit sales were reported by 47 cities, nine cities had decreased sales and sales in two were unchanged. The average in down to this day. "There are dogs all over the ship, share for the first quarter of 1936, devirs claw and sometimes a heel CITY OP ST. LOUIS, Savannah Savannah April 13 7:00 a.m.

46 Charles st EASTERN PRINCE, Furness prnee Ruenoi Aires March etc. A.M. 43d st Bklyn MANHATTAN, U. 8. Lines Hamburg April 8 Havre, Southampton, Cobh 60NRW19thst MUNAROO.

Munson Havana April 11. Nassau 9 00 a in. 46 HtN st MUSA. United Fruit Puerto Cortez, elc 3 Morris'st ROBERT LEE. Old Dominion Norfolk April 15 3:00 p.m.

35 Franklin st ducks in the sail room, a cathead on She prefers to wear colors by day each bow, many a gooseneck about, and always celebrates in full dress, but when not particular about what period last year. For the first quarter last year there were 1,536 foreclosure sales. Only 1,344 were recorded for the period ending March, 1936. This heartening betterment of conditions is due in a large measure to the work of the Mayor's committee, which handled applications for aid from more than 2,500 distressed Brooklyn home owners, obtaining In many cases loans from governmental lending agencies and mortgage interest rate reductions, thus staving off evictions. In his report of this recent trend Mr.

MacLean paid a graceful tribute to Vincent Dailey, State director of the Home Owners Loan Corporation, "A large proportion of the 11,000 cases handled by our committee during Mr. Dailey's incumbency were HOLC applications. We were successful in securing grants for 80 percent of this number for metropolitan home owners. This gratifying degree of success would not have been possible were It not for the aid and consideration given us by Mr. Dailey," Total $48,701,206.28 LIABILITIES-" Deposits, viz: Preferred: Demand (not secured) $10,873,266.07 Secured: Demand 8,257,249 00 Not preferred nor secured, including certified checks, cashiers' checks, -tillcaies deposit, Demand 19 262 OPS 95 Time 3,006 009.12 Due to banks, trust companies, and bankers 345.848 44 and a swallow In every block.

The pelican hook keeps out of the crow's nest but Is usually the better for a she Is wearing sometimes gets in stays. Those fine, hardwood bars around the capstan have been re Outgoing Passenger and Mail Steamships little mousing around. The little colt or short rope's end which every captain of a top carried in cruise via Havana April 20. Cristobal placed by powerful wenches but the ship still gets regularly lit up. Now as against 67 cents a share in the corresponding 1935 quarter.

Commercial Investment Trust Is another company expected to show material Improvement for the first quarter, $1.68 a share estimated; $1.21 shown last year. General Motors each year seems to concentrate a great deal of effort on one of its lines, favoring one though not neglecting the others. Buick sales have been leaping this year. In the first ten days of April a three to one gain over the same period last year was shown. TRANSATLANTIC TOMORROW No sailings scheduled.

and then she gets on a slue. "The sails, too," he continues, "are rather human, having a SOUTH AND CENTRAL AMERICA. WEST INDIES AND CANADA head, throat, foot and belly. They crease was 8.7 percent, the greatest 30 percent at Fort Lauderdale, and the greatest decrease 20 percent at Pittsburgh, Pa. 41.744.468 38 29.253.13 wear earrings, use sheets and do best with good trimming.

But Balboa 24. Los Angeles May 3 and Shu Francisco 5. from Pier 9. Jersey City 1 1 2 1 81.1. No malls carried on this voyasp: sails 6 pm.

SC'HUHBFK 'Furness West Indies), for Thomas April 23. to Dominica 26 and oilier ports: from Pier 74, N. It. (W. 34th 8t Malls close noon isupp mails 1 pm.i.

Letter and prints malls for Antigua. Barbados. Caripito. Cludad Bolivar. Dominica.

Guadeloupe. Guiana (Britlshi, Martinique. Montscrrat, Nevis, St. Kltts. 8t.

Lucia and Trinidad and letter mail for St. Martin; parcel post. VEHAOUA (United Fruit), for Havana April 20, Kingston 22. Cristobal 24 and Port Limon 25: from Pier 9, R. (Rector St.

i. Malls close 9 a sails noon. Le'ter and prints mails fur Costa Rlea and Cuba. Canal Zone. Jamaica and Panama; parcel post for Costa Rica.

Total Deposits Other liabilities Capital account, vu: Capital stock 500.000 00 surplus and undivided profits 6.096 648 46 his cap, handy for assisting the lagging topmen up the rigging-grew into a Flemish horse, which Took his meals In the mangerso-called because It was near the hausc, alongside the Jackasses, In the cool breeze coming through the bridle port, and supported the weather earring man after he had used the footropes in the stirrups to get out to the cockscomb. "The cat and the fish are used to get the anchor in and a crane now gets the boats out. Sword belts and they are real sports, for, when all set, they never mind a spanking breeie, since it is all for the 8.396 646 48 330.836.09 Reserves TOMORROW BOR1NQUEN (Porto Rico), for Ran Juan April 20 and Trujillo City 21- from Pier 15, (Maiden Lane. Malls close noon isupp. mails 1 pm.i: sails 3 m.

Letter and prints malls fur Aruba. Curacao Dominican Republic. Puerto Rico. Snha. St.

Croix, at Eiistatius. St. Thomas and Venezuela (except Carlpitn and Clu-dad Bolivar and prints mails lor St. Martin, parcel post. CLEMENT (Booth American), from Jacksonville to Para April 30 and Ceara May 5 Mails close fl 30 m.

and go by rail (o Jacksonville, thence by steamer. Letter and prints malls for North Brnrll and Peru lldullos only); parcel post (registered mail closes 10 a.m.). Jill I.I'CKENRACH (l.uckenbseh). for Quite a little worry persists in the market owing to the extensive use of stop loss orders lately. These account for many of the sharper general good.

But be careful with a hawser, for it has a heart and may chafe if it is not well Foreign Markets served, and when the anchor comes home, you would better pay Total $48,701.206 28 MEMORANDUM LOANS ANDINVEST-MENTS PI.EDOED TO SECURE LIABILITIES United States Oovernment securities $6,611,699.33 Oi her bonds, stocks, and securities 2 455.37B 02 drops that occur. Bank of Canton London, April 15 Trading in today's Stock Market was quiet as the approaching weekend settlement out and then clap on a stopper." SAN-NAP OFFERS STOCK Public offering, by means of ft prospectus, of 35,000 shares of preferred stock and 17,500 shares of common stock of San-Nap-Pak Manufacturing Company is being made today by B. Ewart Si Inc. The preferred stock is offered with 10,500 shares of the common stock in units of 10 shares of preferred and 3 shares of common at a price of $100 per unit. The remaining ,,7,000 shares of common stock are offered at an original price of $1 per share to furnish additional remuneration to participat Sometimes we suffer from the de.

THE TIDES (By 8. Coast and Oeodetlc Survey) APRIL 16 had a restrictive influence. Light some uniform coats have frogs, the backstays are snaked down for action and the shrouds have ratlines. A bull ring and bull rope are ready and waiting but there Is no bull, only bull's eyes and his to luslon that we know something about ships, but we must confess (rMnbal April to Parlllc Coast ports; from Bronklvn. Malls I High Water I A M.

I Low Water 1 AMI P.M. that the majority of Admiral Bel rime 5 p.m. Letter malls for anal 1 (nlumbla (Narluo Dept. only). Ecuador Sitndv Hook de Caraquex.

Fsmeraldaa and The Battery knap's terms would embarrass us no 3 15 9 lfl 9 39 3 28 1: 9 50 10 17 5 24 1' 11 13 11 59 2 34 2 48 4 42 Total pledged (excluding rediscounts) $9,067,077 34 Pledged: Against rj. 8 Oovernment and postal savings deposits $4,273 807. IT Against public funds of end If we had to name and locate Hell Uate all of them on a ship. However, Seeks to Reopen Hongkong cables report that the creditors of the Bank of Canton have decided to petition the government for permission for the business 'o resume at the earliest possible moment under a working arrangement. About $1,000,000 in American creditors' capital was represented In the meeting.

APRIL 17 investment buying caused gilt-edged securities to improve while oils and rubber shares also sold higher. Other sections were neglected and the market closed irregular. Paris Steadiness prevailed in the Bourse today. Chemical, metal, rentes and International Issues, with the exception of Egyptian shares, were highei. The closing tone was steady, Mania only) and ranama.

OH17.ABA (New York Cuba Mall), for Havana April 20. Progrcso 21 and Vera Crur 22. from Pier 13. (Wall SI Mulls close 1pm: sails 4 pm Letter and prints malis for Camncche and Yuca ing dealers at the rate of two 3,870.284 01 Sandv Hook The Battery Hell (late in no in 3R 1(1 41 11 14 12 27 3 42 3 59 5 67 4 20 4 40 8 35 bacco. Possibly he was kept away by the wildcat and the lioness which used to hang out around the capstan where she left her whelps.

Every one knows that the watches between 4 and 8 p.m. are called dog watchej because they are curtailed. shares for each offering unit sold. States, school districts, or other municipalities s.iiinst deposits of trust I'arunent Inst oiher deposlti are very much Interested in this subject all sea terms and their origin and If any readers can add to the list we would be very glad to know about them. The preferred stock is entitled to 594.825 53 328.160 78 SUN RISES AND PE I tan and other parts or Mexico and (ex- cept registered articles) for Cuba; parcel cumulative dividends of 70 cents April 16 I An-' 17 POM pe sliare annually, $9,007,077.34 jUl pledged PRESIDENT GARFIELD (Dollar), for world I Rises.

5:18 Sets. 6 36 I Rises 15.