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The Brooklyn Daily Eagle from Brooklyn, New York • Page 16

The Brooklyn Daily Eagle from Brooklyn, New York • Page 16

Location:
Brooklyn, New York
Issue Date:
Page:
16
Extracted Article Text (OCR)

THE BROOKLYN DAILY EAGLE. NEW YORK. WEDNESDAY. MARCTI 26. 1013.

THE GRAIN MARKETS TRUST COMPAXI1S. .1. T2UST C03iPAILS. TKUSI COXFAKIU I TSUSX COXFAKIE3. FINANCIAL.

riKANCIAL. i tt CHARTERED Hit 16 in -i6sr Wheat Closed at the High Point of the Day-Corn Ste.idv. Brooklyn Trust Company HillJ'i; NEW TOTtK CI T.AV.Wd HOUSC ASSOCIATION. 71ain Cffics: 177-179 Montague Street. Branch: Bedford Ave.

and Fulton tt. Manhattan Office: Cor. Will St. and Broad ay. Capital, Surplus and Undivided ProEts over $5,200,000 TRUSTEES Company SOKOl'CH Of SgCOkLTN, CITV Or MU toik Ucakcf Kr Yrk Nm Am Of.ct, 166 MoHTAGi'f Srarrr Sfit PJui, 56 Fsxtom Snasr cfui, erf BaoaewaT Th'n maMra ratatei ts Eicruter or Asmitiittrawr, tni acts as Trustee, Guar-dun, Comminre and Aient.

Aho acts as Trustet of corpse. nwjifrt, rrfiitm bonds anattotki, oavt coupons and tramacO) sny other asmored neai of a niuciary chuacttr. wNewYork Clearine House, Intrrotailowedonbilancriof men Iromdateofdrooai toaate of withdrawal. Cert.h- VFillis L. Ofiden Joseph E.

Owens ohn J. Pierrepont Clinton L. Rossiter Charle A. Schiereo J. H.

VTalbridge Alexander M. White Frank Babr-ott alter St. J. Benedict Samuel VP. Boocock George VP.

Oauncey VCiliiam N. Uyk.ir.aa John Englia Vfilliam Hester Vfilliam A. Jamiioo Seth L. Keeney David H. Lanmaff David G.

Legget Frank Lvman Howard 'W. Maxwell Edwin P. Mavnard Theodore F. Miller EVERY year your house i5 liable for tsnd water rates- often for special asscssmmts.They arc payable at different dates, and carry penalties if not paid promptl): Register your property with us, we will Itcep you advised of all charges that can afket it, their amounts, when they must be paid; and we will sec tliat the charges are canceled when paid- all for the nominal fee of 1.00 per lot Lawyers Htle Insurance and Trust Company CAPITAL fie SURPLUS l60Broadway NwYork-l88 Montague St.Brooklyri BRANCH OFHCES MIS St Kichelaa Ave Brooklyn-U7 Fulto Jamaica -1 10 EAilroad Ave White PlairuJOT TRUST COMPAKIES. Hamilton Trust Company 189-191 MONTAGUE STREET TRUST COMPANIES.

$1,600,000 WItXARt) B- EDM1BTKR JULIUS B. DAVKNPORT CHARLES EJ. KKATOR JOHN ANDERSON CHILD EPWIH A. AMES The -tifn trsrVei quit sue revcr. of Tma in quotation i-bowd but gradual ensued.

There were rutuors. mbiih In-liued considerable hort (overinc although I nor confirmation was obtainable. Pt-blic frnm nhroil sure qui" vady. authoritUh were of omnion that the tioriEU In the Ohio valley would ld in unfaiornble imp n-w3 'n the p'ar fu-ture, bu; offe: ting, in Important degree, were the highly faitorv in most other of th belt, 'twere do-s no: em In be mu- nressure from the movement of heat from the farms at th's lime and important milling renter hare Intimated that flour business It mom istactorv. sentiment in wheat elrcles Is raiin-r bearish, but the proximity of an export baa', and the prevailing level of values serves to modify pea-kimis-lo opinions.

Wheat closed at the high point of th day. villi profit-liking salts well lbs orbed. Corn regained ye-iterday's lnscea. There was not muth pressure. Countrv offerings were well taken, and selling by peeulative houses as limited.

At most renters otah prices v. ere advao-ed fractionally. Bullish harvesting returns in Art-entire stimulate hones of cxpon business. In the VnUed ates the vether is aaainst 'he niovement. Corn closed steady, in sjnipathy with vbeiL Oat were slightly higher, with other grain.

Th best support is from shorts. Country offerings tend to increase on the mall advances, but receipts are not heavy at this time. Oats closed more active and firm. Provisions tvera Arm. fash trade is not active on the untiirn.

but hog receipt re being well taken are of. Provisions were offer-d more freely at the final. FVTVRK VARKFTS AT NEW YORK. (Be ported by H. H.

Mv.er 6S H'way.) Yeste-- Open eVHFvT- 'eg. rtav In-, t.lo.'g V.r, fiT'-j 67 U7 97 t0's FLTURit MARKETS AT (Beporled by H. H. Sevier a 6 wav Taster. Op-n- H'ali- I.ow-WHEAT tut.

mi. et. 8SS S'Jj ciO'-j SO'a (-n'4 C1e- 00 la 00' 8 8'JS4 Clns'g HO'l Sept ti'JU SO1 80'8 5278 53a4 53 53 54s, 55 548e 58 "'4n8 uo'a 50 Cu'-j 55Ts 55'j C'ATS May. SR, 34 33 34 33'i 33 34 33'i 34 S3'4 338s 34 33'4 34 33'4 I.AHO 11.10 11.17 31.05 11.07 10.02 July. .10.97 11.00 10.02 10.97 11.09 11.15 11.20 11.12 11.20 11.12 10.87 10.00 lu.fco 10.e7 10.82 PORK- 20.60 20.70 20 57 20.57 20.52 July.

.20 40 20.45 20.35 20.37 20 3D CASH MARKETS AT NEW TORK. Capital and Surplus TRUSTEES JOHN N. PARTRIDGE EZRA D. BltSHNBIO. PAvro r.

FRPTDirRICK H. POUCH W17.T.1AM BERRt CHARLES COOPER joiix c. Mi-guise HFNRT N. WHITNEY TIMOTHT JOHN R. HEOEMAN THOMAS F-.

PEP.SAT.T, WALTER C. HLM6TONK Pars Iitercit Aecaoals Isinas Tina 8CLLIVAN SMITH FRKPETtlK WTCBSTBR ADD EX TAXIEL J. CREEM H. ECKEH H. C.

FOLDER. JR. Clteck TlrQk New Tork Cleaiiaf Heott. Deposit tt Rates. Yester- last To-day.

day. Wedne. WHEAT Steady Irregular 6leady No.2 Red.fob.afl't 112 112 111 NolNorth.fob.afl't 9034 99'4 98s4 CORN Steady Quiet Siiy Xo. 2 Export, f.o.b 58 i'7'a 56:,4 OATS 8teaty ljuitL 'lrm Xo. 2 Wnite 3734 3C3.t BTEE Oulet.

Dull Steady No. 2, f.o.b.,aHoat 65 bii Fl.Ol'R Quiet Dull liu.l Minn. Patent 4.90 4.90 4.85 Minter 4.75 4.75 4.80 Flo Firm Quiet Dull Prime 11. 50 11.25 10.90 POUK Firm Firm Vluiet Old Mess 22.54 22.50 22.00 PREJiSHT Dull Dull Steady Liverpool 3i 3i 3d hard date. Aco ants and trust buainen invited.

THE Peoples Trust Company 181-183 MONTAGUE ST. NOSTKANO AVI. COftNI HCRRIUaSI ST. CLINTON Ave. CORNER MTRTIS! AVC.

riPTH AV8. CORNgn riPTT FOURTH sr. INVITES DEPOSITS AND SEEKS APPOINTMENT AS EXECUTOR AND TRUSTEE NASSAU TRUST COMPANY ROADWAY AND BEDFORD AVI. 858-358 FULTON 8T. USINESS AND PERSONAU ACCOUNTS INVITED.

SAVINGS AND LOAN" COMPAKIES. ffrLOAN Company loo Rem8ea St. boroumhall SAVINGS INCOME SHARES SHARES a a ST Capital and Surplus Over $3,000,000.00 vpectned will be cor.sMsred. will be received until July 1. of conditfonn of tt-ndor aiii, utlier documents may be fn trrft or obiained on pnymtnt nf for acb enpy at the offine of the Public Vinis-try, Cairo, Kypt.

and Fir Arthur Ubb. K. C. M. Queen Antie chambers.

HrnaUway. AVratiiiinsti, LunUon. England, liallw ay lY.nsirucHon pnip" sals will be rei-elwd until is at the offices of ihe "Dirr.toria tJcral de Clncao." Hlo do Rrzilt for the construe. kn of a railway from Piouete to Itajuba. A de-ptlt of ab.jut will be re-piired to qualify any tender, and local representation is necessary.

fiM9. Uaiiwny Cnnstnicdon and Iron and Steel Work Tho Prefecture du in, Aueh. France, Invites tenders for tba construction of a railway between Enure and astera-rdu-san, iron anj worlc for meters of line at an estimated oat of ta.SRS.aiti:,. a of la required by prospective tender- DEFENDS CORN PRODUCTS E. T.

Bedford, President, Denies Charges of Restraining Competition. E. T. Bedford of 181 Clinton avenue, president of the Corn Products Company. 1 at the annual meeting of stockholders of tho company held yesterday, gave the assurance that the company can continue to earn tbe 5 per cent, dividend on the preferred stock and reduce the bonded Indebtedness slightly each year.

If the Government does not interfere with the present management. Concerning the suit recently filed by the Attorney General against the company, Mr. Bedford said: "Our answer, which will be filed within a few days, I think meets in a manner that vould be satisfactory to our shareholders the construction that Is put upon certain things done by this company which the Government seems to think were improper. "As we understand It, the Government's case substantially 1s that the organization of this company and its predecessors, where various competing organizations were merged together, was for the purpose of monopolization, or In restralot of competition. Those familiar with trie industry know tbesu things were done to protect the shareholder from threatening Insolvency, brought about by overproduction, which had destroyed all profits In couiiection with the business.

"The statement made, that a number of factories were done away with for t'o purpose of eliminating aDd restraining trade, is certainly not true; for, as far aB wo have beeu able to ascertain, their elimination by our predecessors was because they were obsolete In character to such an extent that they could not bo operated at a profit. "As far os the Corn Products Refining Company is concerned, there has been no dismantling of plants, with one exception; and that, was the Chlcaso plant, whoso buildings were condemned as unsafe ond hud to be wrecked; but the machinery, as far as could be used, was moved from tliRt plant to our new works at. Argo, which is a much larger and more important plant than Chicago ever was; therefore, our capacity hao been, as matter of fact. Increased rather than decreased by the substitution of Argo for Chicago. "While the company's business has remained about the same as to volume, there has been an increase In the business of 50 per cent, or more.

but. all this has been absorbed by the newcomers, who. today, are greater In number and In financial strength than ever before at any period in the hlstorv of the Industry. "I might say to you, our attorneys feel thero Is no cause of action, for there Is no relief the courts could possibly give that would make thinjs sny better, elthr for others competing with us or In the interest of the consumer. "Tbe management of this company has been directing its efforts to making good losses In bulk products by the production of package goods (commonly called shelf goods) which retail at 5 and 10 cents, nnd In so doing they have given the a w-hnlesome end In every wav e-ri'-'t at less cost than ever before produced." LECTUREON "OTHELLO." "Medicinally, you know that couldn't happen.

A person who is choked to death doesn't speak p.fterward. If he apeak then, ho can be resuscitated, as a general thing. But psychologically, Desdemona speaks at the right place, and her words translated mean that It Is not the Othello that she knows who murdered her, but one whose mind was disturbed by some unknown cause," said Professor Edward Griggs, at toe close of a masterly presentation of "The Tragedy nf Fate: given in the music ball, Academy of Music, lust evening. catcs of dcootw awied payable on dcoiand or at a KINGS COUNTY TRUST COMPANY 342, 344 346 FULTON ST. $500,000 UNDIVIDED PROFITS 2,300,000 JULIAN D.

FA1RCH1LD. President Jfl.lAN P. FAIRCHILD. 1 WTLLIAM KARKNRSS, 1 Vlo. TV.

MeWII WTI.LIAM J. WASON. JR. THOMAS BLAXIT. SMrWary HOWARD D.

JOOST, AMI. 6er NCatAN CARPENTER. Trust Offlcr Interest Allowed on Accounts Subject to Check. Special Rates on Certificates of Denoslt Broadway Trust Company Jfemtrr fs, rsrt CleHs Bm Floctbush Office, 39 rialbnsh Car. Ltadea At.

Ads at Executor, Trustee, Guardian and Agent. We haw prepared Interesting and Insrene Bw booklet on tbe eare of Entatea. containing, together with ether lnformstlen, of the law, relating re the dlvlKlon ef the property of decertc-nt. Much of tbe lnformstlon Is per-omal lnportaDee to "Write for booklet entitled "The Cere of fsfaies." LATE NEWS FROM THE BUSINESS WORLD ANTHRACITE SPRING CIRCULAR Fifty-Cent Reduction in Domestic Sizes Effective April 1. The reduced Spring circular of anthracite coal prices will be anuounced April 1, as follows: egg and stove, $4.75.

ciicstnut, $3.00 a ton. The current winter pricca are for egg aud stove and $6.60 for chestuut. No reduction will be made, in the steam sizes which now quoted as follows: Barley $1.70, rice $2.25, buckwheat No. 1 $2. Jo and pea $3.50 all f.

0. b. Regarding the reported Intention of soft coal operators to secure an advance of 10c. per ton bituminous April 1, it Is stated by high authorities that in tbe prevailing extreme dulness the soft ccal market, which is seasonable. It may be practicable to obtain prices showing an advance of 10c.

a ton over tbe figures current at this tinja last year, but. only in the case of very high' grade, fuel. According to the Coal Trade Journal the anthracite mines continue to operate on reduced time and current business is at a low ebb. Naturally, buyers want to tako advantage of the April prices and will not purchase any more coal than Immediate needs compel, unless their orders are accepted tubject to the spring discount. All doubt as to whst the new prices will be has been dissipated within the last, few days by the selling agents of at least one of the large producing Interests issuing their April circular.

This Is on the same basis as the winter schedule now in effect, with the usual notation as to a 50c. discount being allowed on April 8hlpmenis. The business already booked will enable the companies to run full time during tbn first half of April at least, and some of them are believed to have o-ders enough In hand to cara for their entire output next month on a full-time basis of operations. While there Is little let-up In tbe movement of soft coal, trading In tba spot market is quiet, and contracting Is backward. In tbe face of this stagnation, prices have declined little, if any, during the week, except on Inferior coal.

NEW BROOKLYN COMPANY. (Special to The Kagle.) Albany, March 25 Tbe Masonry Waterproofing Company of Brooklyn has just been incorporated with the Secretary of with a capital of $20,000, and these directors: Oscar Sheffield. John K. Sheffield and James A. Kingston, of Brooklyn.

BROOKLYN DIRECTORS. (Special to The Albany. March 26 Percy W. Hine and Andrea M. Hlnc of Brooklyn are directors of the corporation styled, "Percy Hlne." of New York City, chartered by the Secretary of Slate, with a capital of $10,000, to deal in general merchandise, etc.

FOREIGN TRADE OPPORTUNITIES Washington, March 26 Daily Consular and Trade Reports call attention to the following opportunities. Further information may be had from the Bureau of Manufactures at Washington. In applying for addresses, reference should be made to tbe Die number preceding each Item as below: 10.611. Kafir Corn A resident of a Mediterranean coumry informs an American consulate that he desires lo coiTespond with American exuorlcre of Kafir torn. He warns flisl-qualll while corn.

The demand 1 for very while grain, Tho Inquirer like small samples Kent with tiie flriii ifuer and also prices 10 rave ine. Correspondence may ho in English, Puhilc LHiildlnprTli AmericHn consulate general at oitawa. Canada, reports thai ihe Dcparlmi-nt of Public WorUs has advertised for tenders, tn bo received until April ilth, for to" construction of a public building at Norili Pattlcfrrd. Saskati bewan. Plana, Hpecitical Ions, and form of conlrncr can be seen and forms of tender obtained at Hie Depart ment 01 Kuniio norKs.

ininwa Canada, W.I3. Municipal Pudding. Dev-inii-Tt Cr.rp nation. IVvoni'hire. TngWnd.

Invites complete designs fcr municipal buildings and a guildhall. The conditions of Ihe competition and schedule of tho reotiirements, with a plan of the site, may be obts'ned upon application to R. J. Filtall clerlt. Municipal ofnee, Davenport, uoon payment of a deposit of 1111.22, which Mill be relumed to all persons who euhmit a bona tide design.

A premium of 11,70:: Is offered for (he design yvhlch may be placed fi-sr Ir. order of merit, and further premiums of 73o and I4R7 for those which are placed second and third, respectively, in order of merit, designs will be received until June 14. 1913. Motors, Cables. Dynamos, etc.

Tenders will be received until April 15 at Ihe "Direcclon General de Minos, Geologia Hl-drologio." lluenos Aires, Argentina, for ihe supply of motor, cables, dynamos and kindred material required for the generation of moliva power. Power Plant Tendors are Invited for the supply, delivery and erection of the following planl required to gonera.le current for the radiotelegraph sta-tlrn at Darwin. Northern Territory. Australia, and for llahtlng and power purposes in the neighborhood: Four IHesei oil engines, an alr-enmoressor set. sn overhead traveling crane or tons capacity, lour anernotors and exciters and a switchboard.

The earliest date c.f delivery inusi: he eated. Fealed tenders fur thtl plant will be received unt( Msy 14. The tenderer, if not resident in Austrilip. or If a company registered outside the Commonwealtli, must mine nn agent In Australia to receive notlflcat'on gf acceptance arid other notices under the contract. For copies or tho and form of tender, application should he made 10 the High Commissioner for the Ootnmnnwwalth of Australia, 12 Victoria street, London, H.

Kngland, Pumping Station Tenders are Invited for the supply, delivery and erection of tbe machinery and plant required for (he complete equloment of a pumping elation to be erected at Paltlm, In the Province of Gharbla. for the purpose of discharging drainage water into (ho sea. for Ihe Public Works Ministry of the Brryptlan Government. The station ls (o he capable of tifing in 24 hours 7,100,000 meters if water against a head varying between 2.10 and 1.30 meters, with such snare power as appears from olher details. The pumps may he either turbine or centrifugal.

Only tenders from msniifacliirers who have In recent year bmli ensines ana cf equal capacity to Francis L. H'ne ADVISORY COMMITTEE Eugene F. Barnes William Edward Thompson BROOKLYN CITY SAFE 1V WHOLESALE WALLABOUT. In spite of the relief from expensive tr.cais at the disposal of the consumer, in the form of vegetsales, thi demand for such stanles as carrots, beets, turnips, narsnlps and the like 1s practically motionless, noot vegetables. It Is said.

ar not being sold In quantises proportionate lth the Incoming stock, which hss resulted in an accumulation. Although stun" was offered yesterday at cost and and many farmers in 'be "square sacrificed slightly "specked" carrots at 20 cents a bushel and long bee at -3 cents a barrel, over five wagon loads of root vegetables were carried over to today's market unsold. fieans, new. Southern, per Pi. p-r dotn Cabbages.

Long Tiiand, per ('-rots, per bunch Cauliflower, per crate Cflery. California, doz-n Cucumbers, hothouse, per dozen Eggplant, Florida, per dozen Lettuce, Florida, per basket Cuionp, Jersey, white, per crate Rd, per bag Y-'llow, per bsg Pea, green, per basket Potatoes, Lf ng Inland, per Maine, per barrel Radishes, hothouse, per doen Romalne, Southern, per dozen Soup greens, Norfolk, per dozen Rplnach. Southern, per barrel Sweet potatoes, per basket Tomatoes. Cuban, per box Florida, per crate Turnips, 1., yellow, per FRUIT. Apples, per box Greenirigs, per barrel Bananas, per bunch Cranberries, per box Grape fruit, Cuban, per boa Florida, per box Lemons, Palermo, per box Oranges.

Florida, per box King, per half btrap Navel, per box Pineapples, Porto Rico, per box Strawberries, per quart Beef MEATS, Calves, per pound "bucks, per pound Cows, per pound Hinds and ribs, per pound Loins and ribs, per pound Rounds, per pound Fteers, native, per pound Western, per pound Veal, buttermilk, per Sheep and lambs-Lambs, per pound Eheep, per pound Pork, fresh cuts-Bellies, per pound Butts, Boston, per pound Butts, boneless, per pound Callaa, per pound Hams, per pound Loins, city, per pound Loins, Western, per pound Lard, compound, per Lard, pure, per pound Pigs, cliy dreased, per Pork, smoked-Bacon, clear, per pound Bacon, rib, per pound Callas, per pound Hams, boiled, per pound Hams, skinned, per pound Hani, regular, per pound Spare ribs, half sheets, tierce. Poultry, dressed Capons Chickens, freth Ducks Fowl, fresh Roosters Turkeys, per pound Poultry, live Broilers, spring, per pound Pucks, Western, per Fowls, light, per pound Fowls, heavy, per pound (Jecse, per pound Pigeons, per pair Rooster, per pound Turkeys, per pound DAIRY PRODUCTS. Butter, fresh creamerv, per pound. Factory, per pound Prints, per pound Renovated, per pound UfigB, best, candled, per dozen Western, candled, per Case, per dozen V. hue Lshorn, per d'zen SKA FOOD.

Bluftfli-h. per pound ButterftEh, cold storage, per pound. Clams, Utile Neck, per luO Clams, bard, per basket Clams, soft, Pr Codfish, per pound flounders, per pound HaJdie, per pound waddle, smoked, per pound Halibut, cold storage, per pound Herring, cold torage. per K-ingnsh, per pound Lobster, per pound Mackerel, king, per pound 1 no 2.00i2 MM 1 .1 3.003.00 l.oo i. nOSto 00 .2 2.i(iisn i I 1.001.50 I .20 1.2.yffl.T5 i.

2.vioo 1.00 n.ofto.Y.v) 1.00W2..V) 2.M Mb 600iS.50 3.7.j.".00 ii. 50; l4.004.ri0 .40 .17 CIS .11 wi-J .101411 1 13tl4V, lSJtislfi1. .1 SIM', 12t ,.1517 il'-'ii ,.1 WIj 13 17 17418 HH ltJ13t 1U .13 13t tc20 .17 wlTIki aauo .25 28 .18 I23 .20 (,23 .11 14tli 27 38Hi3!) 2S2H 23 .20 r2U.Si .26 (4 26 .13 .11 .11 .15 .14 An .13 l.M 1.25 ti 2.0 .14 11 U7 Mackerel, Spanish, per pound Oysters, per uusWl Pollock, per pound Roe fchad, each Salmon, col storage, per aiksps, BLoruge, per Scallops, per gallon bta baas, per pound fica. uoui, per pound fciueits, per pound Weakhsu, cuid sicrage, per pound. MONTHLY NET EARNINGS.

I'NION" P.c I -February Uroes earnings Oyr, expenses rive. 862.IIJ4 J7.SSS i.iptinses and laxoa X'H nper. revenue 2,07,23 From July I Oi-om earnings SB4.793.390 S.i.7fi. (mer. eipensea W.SD-, Kxyenses lino taxes 3'J, Vi riper, revenue INTERBOK'JLUH KAP1U TRANSIT, Keii-ruarv lncre.ue.

nross eper. revenue i.er. expend, 1.0i!.S8 Ni cper. revenue Jlj.iSl From July 1 February Gross oper. revenue i expenses :,44 oper.

rivncp 240 C4N.M3IAN NOflTHF.UN, Fehrua Gross 11.3 JlW.Sffl (Jper. l.lso.'.ftj earnings Wl.WO From July 1 to February Gross earn ngs fis.la.'.M) SOi Oper. expanses I.VO.Vfl Kt earntnan I'SUO) AND BOCtTHERX. Febraarj-: Oper. ivnue riper, exmlises Vr oper.

revenue $15. SIS From July 1 to February Ope-, revenue 5.M Oper. expenses 40.811 Ne: onr revenn" S3. 14'! l5 SoR V.t ATi'HT-JOX, TOPIiKA AND SANTA FE, Orc-ss oper. revenue? S.VW7.XW Oper.

expanses rt. 1 3 Vet cper. revenues Tares Orer. IncoTie 055 From July 1 1" February oper revenues Oper. expenses 53 4 Net cdt.

revenue $3.1.74 Trxej a ani.7.i Oper Incnnie Decrease. "ORDER NO. 5'' TO GET TRIAL. Washington, March "6 Ex-Secretary MacVeagh noted No. 6," placing Government receipts In national banks, will given a thorough trial by tbe new administration.

Assistant Secretary Williams of the Treasury Department has d'clarerl It would not be disturbed unices experience showed it waa wroug. 1 I I Willis D. Vtool BEDFORD BRANCH McCarroll Eduard Lyons John McNamee DEPOSIT COMPANY 1 LOCAL FINANCIAL UNION BANK BENEFITED. Sale of Mohawk Hotel Property Enhances Value of Soma Collateral It Owns. The recently announce! sale of the Mohawk Hotel property on Washington avenue will prove of material benefit to the creditors of the defunct Union Bank bdj to the stockholders of the Remeen Boml and Mortgage Company.

The latter held a second mortgage of 110,00) upon the hotel property, the first mortgage of belDg held. It Is said, by tuo Dime Savings Bank. The Romsco Bond and Mortgage Company sold the hotl properly subject to the first mortgage for $325. OO'i, nUh the provision that the second mortgBge be reduced each year by a substantial sum. Title to the property was transferred to the new own-ei- yesterday and it is said that about $20,000 in cash was paid as a first installment.

The I'nion Bank held about 190 shares of the Rcmsen Bond and Mortgage Company as security for notes uttered by H. il. Searles and T. L. Jones, who were clerks of the bank, W.

C. Dam-ron, former president of the Home Bank, and H. B. Hill. Deputy Superintendent Dodge of the Banking Department, who is In charge of the liquidation of the Union Bank, last June put these shares of Rem-sen Bond and Mortgage up at auction In an effort to realizo on the bank's claims against the above mentioned note makers who had defaulted.

No bids were received for the stock and Mr. Dodge bid them in at the nominal price of 22 for the lot. This stock has since been transferred to the credit of the bank. The outstanding capital of the Renisen and Mortgage Company ts $150,000 and it ts the intention of the majority stockholders to liquidate the company as rapidly as realty conditions here will warrant. The fact that the company has made provision tor a resonably rapid conversion Into cash of the $110,000 second mortgage It held on the Mohawk Hotel should augur for a final liquidation of the company's stock at par, only $10,000 of property and mortgages being left to dispose of.

Leaving out of account the bank's loss In interest on the face value of the noteB. its profit on the purchase of the collateral behind the notes works out aL $18,978 since last June. BROOKLYN QUOTATIONS. RAILROADP- Adk. Atl.Av.as.'Sl.

101 102 nn 101 tkn. Cltv 10 Hkn.Clly 1st. 100 Of 101 B.B.t'.R.. 08 100 Coney I.ftB. 00 104 80 87 Nassau c.

75 77 Nassau 1st S.102 103ii X.T.Cons.Ry 75 103 II.U'MINATINO I'O'S Bln.Bor.Gas. PO 110 1st 7 100 i.il.. 3 OS Edison ts 88 322 Klnisi Co. 65.102! jl()4 BANKS Rid. Ask Manufac.Nar10 430 215 230 Momauk 120 135 Natl City.

...280 200 Nassau 2 225 North Side. ..175 200 PeopIes.Nal..l45 155 State 200 230 FERRY CO'S Brooklyn 10t," X.V. ftK.R... 8 15 N.V.tK.R.6,. 45 55 25 85 6o Union 14 L'n.

Ferry 88 17 92 MI3CB1.LANB.DL'S Acad. Music. IS 23! Bondtif.Gu.flOO 3.15 Bkn. Storage. 70 75 Klnrn Co.

6s. 1 12 114X Klr.gsCo.ces.120 1224 18 110 N.Y.JbQu'ns. 58 NyftQu'ns p. 70 "it) TRUST LO S- 175 llush'V. c.

87 r.ushT.tstSs. 04 BushT.Udsds OS OH 07 1 areh.100 110 E. W. 76 E.W.Hlisspf.120 81 Brooklyn. 550 .145 .155 .210 240 .280 .120 128 Citizens Hamilton.

Hume Fidel Phen ix. 305 315 First Mlg.Gul20 12K Frank Safe D.130 135 HomeT. Ins. 200 Kings Co t5 100 Kings Co. 100 102 Lawyers Mtg 2) 5 3la L.

I. Safe Depl 10 -Nassau F.Insl.'iO 140 Nat. Licorice 45 Nat. Lieor.pf. 80 00 X.

1'. Mori. 2IJ3 X. V. 105 112 110 Realty Assoc.

I OS 115 icuniySafe.loa lis J.S. Kings Co n20 210 Nassau 10.i 170 Peoples 305 Uutens ..100 .110 Title G. T.465 476 4.X ICS lsl Corn F.xch. First Greenpoint. Hlllsloe Homestead.

.135 .150 .315 322 .280 3U0 .155 .166 .120 130 115 vmsbhF. Inj225 250 Nom-'For Usied Brncivlyn securities gee table of tock Kxuiaiig. transaction. Issue. I SECURITIES.

AT AUCTION. The following securities were sold at auction today by Aorlan H. Muller Son: YZ shares Central re wonts, pref. jj COO shares Sutro Tunnel. shares of Hamilton Loan and Trust.

S5 Bhares Klecrrlc Time e.nd Signal U.0H1 Colonial Cluh lsl so. Tlonil. J500 Colonial Mifre. Honds il of 1 if II, 030.50 Promissory Nolo of T. amp Co.

10 onJer of Thos. cullen, Jromlsory Note of John camp Co. to order of Thos. H. Cullen, J1.500 Receipt from Karle, Treasurer Providence.

Ft. 1, to Thomas H. Cullen. 11.000 Recoipi 110m John K'endrlck, Treasurer Wood niv-er Milla, Wood Kiver Junction, Junction, Tt. to Thomas H.

cullen I3 lo- 0 shares Floral Tarlt Rank, 1. 5o sh. (S.00O Indiana Lighting Co. 1st Mtge. 4a ro share Queens r.i Trusr inii IJ'i, shares r.

s. Title (Juarantv si sliures AMsnrlc Fteflnfng Co 10 males Southern Pipe. Line 2oi RAILROAD GROSS EARNINGS. BL'FFAIAJ. r.OCHESTER AND PITfSBl P.G: Changes.

WS. Increase. Third ue.jl March jS From July 1 Silts) TEXAH AND PACIFIC; Third week March 10 From July 1 13,003,129 676 917 CANADIAN NORTHERN: Thl'd week March I370.0OO 000 From July I MISSOCRI, KANSAS AND TEXAS': Third week 1i9t05 From July 1 DF.NVBR A.NP RIO GRANPE: Third wrek March St't l.ti.iOa July 1 IN'raPXATION-tl, GREAT NORTHERN: Him ln COO From 1 7 74.511 CflKfAPKAKB AND OIITU: week March H5I.K7S 14 7S5 From July 1 Decrease. PASS EXCHANGE REFORM BILLS. Albany, March 26 The Stlllwell Stock Exchange refcrni bills making It a felony for any person, with intent to deceive, to report or publish as a sale of Btocks' or bonds any transaction where no actunl change of ownership or Interest is affected, and the other malting It a felony to issue or publish nny statement or advertisement as to tbs financial condition of a corporation or the value of securities when the person miking tho statements has reasonable grounds to doubt its truth, have been passed by the Senate.

The same bills, Introduced Into the Hous1? by Asaenit'lymau Levy, were also passed by that body. EVKRSLET FINANCIAL. THERE CAN BE NO SAFER or larger interest paying investments than FIRST MORTGAGES on Brooklyn and Queens County Real Estate, GUARANTEED as lo principal and interest by this Company. $500 and upwards can be so invested through us. HOME IftySJJRANCE C9 Jay and Brooklyn, N.

Y. P. 0. Building, Jamaica, 1.. I.

ONEY to lend on desirable im proved property in Queeni and Nassau Counties by CHEEKS COUNTY MGRTGlOg COMPANY LEWIS II. LOSES. Pvealdosst. 867 FULTON JAMAICA SENDOFF FOR MARTIN JUDGE. Friends Tender Hhn a Farewell Banquet and Present Gift.

Friends of Martin Judge, a prominent member of the Moniauk Club, tbe Emerald and St. Patrick societies, tendered him a farewell reception at the Montauk Club Monday night. Mr. Judge, who is a resident of tbe Park Slope section, left yesterday for San Francisco, where he will engage in business, John J. Kuhn acted a3 toastmaster.

Supreme Court Justice Luke I). Stapleton spoke on "Friendship," and Tnomas Downs, in behalf of the diners, presented Mr. Judgo with a morocco traveling out-lit. The others who took part in the speaking and singing were Bridge Commissioner Arthur .1. O'Keeffe, Edward J.

Connolly, George J. S. Dowling, Edward J. Flnnagan, John J. Walsh and W.

Frank Harrington. Amoug the others present were Civil Service Commissioner Frank J. Gallagher, John R. Button. J.

V. Todd, M.n.; Dr. Eugene Kenny, F. Joseph O'Connor, George C. Worthies-.

John S. Scully, James J. Ryan, Robert L. Baird, George B. Mulgrew.

M. J. Donovau, Edwin P. Dick, Frank J. Kcsop, John R.

Bardio, John F. McFarland, Peter M. Oates. D. C.

Mackey, Jaines F. Giinc.hton, Joseph A. Cnrr. William J. Gestal, M.

Porros and Edward J. Rcilly. AN EASTER'TuNCHEON. Ladies Aid Society Has Old Guard Members as Guests. The F.aster luncheon of the New York Avenue M.

E. Church Ladies Aid Society was held yesterday afternoon. In the parlors of the church. The list of guests was confined to members of the society, and almost sixty sat down to a daintily appointed table, the color scheme being lavender and yellow, the society's colors, the effect being carried out with violets and jonquils. Mrs.

P. Cauthers, the president, presided, and made a gracious address of welcome. The members of the "old guard." three women who have belonged to tho society during almost the forty years It bB been In existence, had place's of honor. They are Mrs. Kirby, Mrs.

Reese and Mrs. Palt. The latter two gave reminiscences of the society In tho uays of Its youth. Mrs. Reese was present at the organization meeting, and she told yesterday something of the very successful struggle the church has made In the last forty years, and of tbe part the Ladies Aid has played In the success, The woruou responsible for the affair yesterday were Mrs.

Hebbard, Airs. George A. Morrison, Miss E. Adams, Mrs. Small, Mrs.

Stephens, Mrs. Ackley, Miss Walker, Mrs. Kent and Airs. Luce. MAKING CREDITS SAFE.

Charles E. Meek Tells Y. M. C. A.

Class of Piotective Laws. Charles E. Meek, vice president of the Fourth National Bank of Manhattan, delivered an interesting lecture last night before the credit class of the Bedford Btanch Y. M. C.

on "Safeguarding of Credits By Law." WEILEB DUNCAU. The marriage of Miss Ella Elizabeth Duncan, daughter of Mrs. William H. Duncan of Rockaway Park, to Carl Weller of Brooklyn, took place on Monday evening at! 6:30 o'clock, at Ihe Hotel George, Brooklyn. The Rev.

John C. Green of the First Congregational Church of Rookawey Beach performed the ceremony In one of tho parlors of the hotel. The bride wore a gown of white charmeuse satin in draped effect, with pearl trimming. She wore a tulle veil caueth with orange blossoms, and car ried a bouquet of white roses and lilies of tbe valley. The bride was given In marriage by her brother, William H.

Duncan. Her only attendant waa the bridegroom's sister. Miss Evelyn G. Weller, who wore a gown of whits chiffon draped over yellow roarmeuse. Mr, Weiler was attended by Arthur Marlon.

FRANK GEOFOB FREDERICK Sobitct to CertiiicttM BANKS. EST. 1SS9 TheHassauNafiona. Bank of Brooklyn 26 Court Street, Cor. Remsen CAPITAL $1,000,000 SURPLUS Depository of theUnited States Manufacturers' and Mercantile Accounts Solicited.

MEMBER OF THE NEW YORK CLEARING HOUSE. THE CORN EXCHANGE BANK mew vnnic Catrilol and Surptut BROOKLYN BrwUro Branch Court sad Joralftaoa BIB. Platbush Ave. Branch 13 ft 21 riatbush At. ureeapuot 1.1,011.11.

Myitis At. Broach Myrtle At, and ill DIVIDENDS. THOANK OF FLATBUSH BROOKLYN', NSW l-ORK. will pay a quarterly dividend at the rate nf SIX PER ES'T, per annum on the cap-Its stock of tho bank, on April 1. 1913.

Transfer books to bo closer! at noon March 2S and to be opened at 10 a.m. on Aprlt 1, 1913. 22-26 WILLIAM D. BIV-KN15R, President NATIONAL BISCUIT COMPANY 59th rTMIE Board of Directors hav enilunH I declared a quaxterivoMdend niuVnrilr. nf on! lre-quner DIVIDEND (14) per cent on the Common CapitalFtnck ofth Company, paya'o'e April 15.

tqi, to stockholders ol record at the tlobc of bustneft, March 118, 113. Transfer books will not be Closed. F. K. r.UCnEK.

Treasurer. The inni National Brink of H'Mvn. Brooklj-n, N. March 2Sth. 1913.

Thr Board of llireclors has this dny declared a ouaiti-rly dividend of TWO AND ONE HALF PKft CENT. free of tax, payable on April 1st, 1913, to stockholders of record March 27th. 1813. O. FOSTER SMITH.

Cashier V. I TI A I A I A Ji K. of the City of Brooklyn. March 21. 191 The board of directors has this day declared a quarterly dividend of PER freo of tax, payabU 1, lo shareholders of record March 21.

WILLIAM S. IRISH. Cashier. ELECTION NOTICES. KftlTTV OAS COMPANY.

ISO Remsen Street, Brooklyn, New York City. March 25, 1913. Notice Is herehy given that the annual meeting of the etnokhoiders of the EQl'ITY CJAS COMPANY will be held at the offlco of the IS. street. Borousth of Rronklvn.

York Clltv. on MONDAY. APRIL 7. 1918, at. 12 o'clock noon, for tho election of directors and the transaction of such other business as may be brougrht before the meotlnsr.

2B-J FRANKLIN B. JOtT.DAN. Secretary. iTis kT. a n't ompaSty.

1034 Klatbusli Brooklyn, New York City. -March 2S. 1913. Notice Is herebv riven that 1he annual ineet-Inr of stockholders of THE Fl.ATBL'SH OAS COMPANY will bo held at. the onVa of the cOTipnnv, 1124 I'latbnsh avenue, Brooklyn, New York City, on TUESDAY.

APRIL I. 1913, at. 3 o'clock p.m., for the election of directors and th transaction of such other business as may be brought before the meeting, il FRANKLIN B. JOC RD AM, Secretary. MISS PLATT'S DEBUT.

Brooklyn Girl Makes First Appearance as a Professional Entertainer. Miss Mildred Piatt, daughler of Mr. and Mrs. Fred AV. Piatt of 601 East Sixteenth street, made her Hist appearance last night as a professional entertainer.

A interesting progrnmme of literary ana? musical numbers was arranged for th evening. Miss Piatt was assisted by Edna Schaeffer-Kellogg, soprano, and Miss Gerta Sehlosser, accompanied by Mias Irene Sehlosser. The Misses Sehlosser have recently come from Germany, where they began their musical career. Jerome Schaeffcr, under whose direction the programme was arranged, also entertained with musical selections. PROF.

MUNSTERBERG HERE. Talks to Civitas on Psychology anrJ Industrial Efficiency. Professor Hugo Munsterberg of Harvard University was th guest of honor and speaker laat night at the meeting of the Civitas Club, held at the home of Mrs. George S. Frank, 137 Joralemon street.

An evening meeting when men are Invited Is held once a year by thlii club. Professor Munsterberg talked on "Psychology and Industrial Efficiency." Mrs. Frank H. Cothren, the president of the club, presided last night. The hostesses for the evening were Mrs.

William H. Good, and Mrs. Herbert H. Knox. A social hour followed tbe meet ing.

NATIONAL BANK NEWS. Washington, March 26 The ControI1r of the Currency has received an application to convert the Fayette County Bank Inio the First National Bank of FayelU, FaycUs, capital J50.000. Janusry to llarcn dellverr. TVlnnlpeg wheat receipts todav afff. 2S4; year ago.

54 cara; week Northwesiern when receiptu: Today AVeekAgo L12 jmluth. ca-s 4T ss it Minneapolis, 315 2'i4 in Chicago, cars ftf s2 II J. VI r.a Total, cars ass is Rroomnall cahied ihst the Mverpinl wheat tnarkei opened under mod-rate pressure, rs .1 result of lower American cables yesterday and the easier closing at Buenos Avres. There i- a ainallrr general inquiry aivl Plate ofTcrs Ilhtrul. at a alight.

During ihe morning shorts in March covered on the soarei'y off.ris. dipappoiriting stocks and ejpport by prominent intHieats. In corn the iale giade was affected by larger and cheaper offers, am liie American grade by a spot demand. Argentine Agent this morning: "The v. otther in fine for iho movement and harvesting of corn.

rtroomhaira International Wheat Review, at cahied, said in part It is believed that the urgent competitive nei.ing between Xorth and South America ts probably about over. Chances are that Russia whl not be a heavy shipper, hut this country is an uncertain quantlt. and theoretically has a great unsold surplus. Rnpnria of famine in one principal producing reslon. and light weekly exports, make difficult to ma main faith in the trustworthiness of official returns of the croc.

Correspondents heavy arriya's. but nnalhetio. feeling in freights does not Indicaie liberal shipments in the near future. Keen should Russia he ahle lo spare i.irje fluan-titien. I feel that Italy and Greece will chief buyers; consequently yypstern TCurope not.

fee! any great selling pressure. World shipments have been heavy for eight months but there has bren no congestion, white nier-' hants' and millers' holdings are very einal' Turing the remainder of ihe season, think do- ii uununue aonorniauy heavy. GHAIN tfe PRODUCE STATISTICS. The following tables sbow the daily movement of grain as posted at the Produce Exchang; today: UECEIPTS AT VESTERN- POINTS. Flour.

Wheat. I'ora. uats. Barr M.Buh.. nr.

tnei. Total 61.000 340.000 oil.OOO BU1IMJ.NTS FItOM "WW STERN POINTS. Flour. "Wheal. Corn.

Oats. Barren Total 94,000 IH.m 401,000 046,000 KJSL'EIPTS AT ATLANTIC PORTS. FK.ur. Wheat. Corn.

Oals. Carre Buh-. Basnelji. Total 70, MO 20,000 :39.000 140.000 EXPORTS FROM ATLANTIC PORTS. Flour.

Vv'hat. Corn. Cats. ToUl 16.000 309,000 162,000 iIJ00 LIVE STOCK MARKETS. Martj Volon Stock Yards.

t. muttrl recsipts of h'jgs today left tiniatea receipts of tomorrow 9,000. Market slow an'l nrrnng in 5 Me-hor tiian TuRday'i averaa. liulk of pne t't a.35; light. nvx4, nn4 butchers.

W.W ftrf.SSH heavy. SH.TjaS. ii: rough unci hn vv, W.7a.-!i;: yen-kern. I9.3f,a'.rii; jjgi, receipts of cattle toaay Mar-kot airong in 10 pointf Beeves, ia f.l5: cows an1 heifra. Texan n'eers, Brocks and Jlia5.k; WcBtern, ji.S.-a.2"'.

KlstlmaiefJ reoeipis (lf sheep lo'liv 2-W. Market steady to 10 lowur. Nn'-tfvt, lo.Toafi.tfl; Wemern, yearlings. aS: iambs. Western.

JTaa.tin EJatt Buffalo. March 26 Cattle Ro-catpia, (r nead; Ann. Vejila Receipt 2o head; active and steady; MIL 60. H'gv Receipts. 1,200 head; arrive and l(kjjc.

higher. Heavy. SS.goaJ..; mixed. voriiera and pigs. t9.Wa9.f: roughs, IS.Soaa; S'-ags.

7.ofaS.2i.; dairies, lhep and 1 am Receipt z. S.000 hAi; abeep and l.imbs plow, 5a 70c Imver. I-anibs, yearling. weibers, ewes. uneen.

mixKi, Vittaburff. Pa. Hog-a Receipt's, l.iAy. lilffhT, Iv1p. 9.75i heavy yorktra, 89.95; lork-m.

Jfl.i5: pig. 19. $5. Bboer and -Reoipts, 1.D00; strong. Top ahertr.

J7: top lamb. J9. Calves Receipta, l'JO; ateady. Top. $11.

DIAMOND DEALER BANKKTJPT. Judge Mayer, in the Federal District Courl today appointed Louis H. Rowe as lece'ver for Herman J. Dletz, a diamon.i dealer at 8" Nassau street, with a bond of $1,000. The liabilities are about The creditors state that Dietz's affairs are Involved In the bankruptcy of Samuels which occurred last August with UaMll'tles of about $500,000 anl with assets of not more than $40,000.

The creditors further state that money obtained by Dietz on notes Indorsed by Samue's was used for the purchase of diamonds, most of which were pawned by Dletz with Mnrfln Simons Son, whose safe was robbed by burglars on March 15..

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Pages Available:
1,426,564
Years Available:
1841-1963