The Brooklyn Daily Eagle from Brooklyn, New York • Page 17

niE BROOKLYN DAILY EAGLE. XFW YORK. THURSDAY. JULY 22. 1H15.

1171 BANKERS AND BROKERS. STANDARD OIL STOCKS TRADING ON THE CURB SALES OF BONDS STOCK TRANSACTIONS I WALL STREET NOTES FINANCIAL MARKETS Auditor's Report at. cfeanr Transactions today (In Dealings subject to price and Interest: SALES FROM OPEX1NO TO 1 24 H3 -4U hi Tie riMitinued upward movement of Trading tn the Standard Oil shares Electric Hoat shares tn further new today waa more active than In the high levela irt lehc. the Inter. aewlon.

but prices were not traders on the I'urh today, but the affected by the IniTeaaed anlma-m tivitr an, etrength of these shares Hon. The deelinga were acattered no detr.t In Interest from the throughout a narrow Hat of iaau's. The jimr ,1 Storr. Tere waa nn nwtik. In the 6 ImpCopcvrain'-'t ter of tolt) a iti.irk.

fr.nn tr.at Prices Decline In Afternoon on Selling by Professional Traders. 'g- alea. 100 Adams Ci. 1)3 jiHI ai aa.u al 3tS 11 100 Al'sCMfC ii 2100 ACMree.pt rj S.luO Anal Co. 74 2 'id An t.C'a.

iV 100 Am ACs 83 AmB'tSuf 01 44200 Am 5N rt nf the hat hi.L "o'1 inarsri ns aimosv entirely m.in nIV.fr1 The fol- 1 m-liM In lwth Moat common and lit common and lite tif uthrr recent 10 r.e aure. siime of the hlitiii star' stocks ere active tlv and fnilnl to rmu'nte their rHiit hmli levels, hut this waa mnlnly beraue ennie other tasr tm-ka ttrre, takrn tip. an operation not unlike (-hanging thj 2a'. 02 50 93 4H 5tiS US in 6 In-pi nvrr i aUI 3 )rt Mt.i 4. I 3 Int 6.

T11 in uriMH -n4 1 HI 4 Ulw 4.1M1. '114 5 MO 7 I.J A unl 4. Ot the Man, lard (Hi shines trailed In on tbe Curb today: f-rrd rrpreaented (lna of about 10 pninta ever tlia previ.ms elose. StnnilitrTl Motor Construction aval another of the rlav'a fealnrea and also 84'4- '4 23' s- 8 ti2'e- 's 72's- 'a MVslU 93 -1 il 3 SC's- 1054 4 5011- 4 138Vt-7 117 4tia4- 'i 91 6 1 STCaral's I2.I00H 1 NTVIIT 4Vis PHU 1 tr ,1 November 1011( Japea J7 I 100 8 Am ATeol 4a. 8Ti 8 AmT.t'lVrt,, 101 ft Am Writ Pap 6s 10 Armour P1H 1 AtebT.Sr.

8 J30 fH 2s oiiu iname on the llttio rail tnat roiia 'around the wheel. Thnt. to be frank. larlvanred to a new high price level. MONEY AND DISCOUNTS YbSe.

TeeterAe. 1400 Am Can pf. 108 3000 Am a 57j So'it I to, H'h. Lnw Laat, I. 1 si 14 1(4 It.

J-'l lit MA let i 40 tot to 7 Messrs. PerpiU, Shtskia at- Xrog, Gentlemen At a result of our examination of your affairs as of June 30, 3915, we beg to report as follows: Securities on hand and account with Banks and Broken tax been verified. We have sent out statements to obtain the confirmation of your customers' Accounts anf hr, at this time, received a majority of the replies confirming; ths correctness thereof. We hereby certify that we find the condition of the business on a liquidating basis as at June SO, 1915, to show the full capital intact and a remaining surplus on hand. STOCKS Sharee Opn An.io-An.er.

(Ml (ill in im IMetre Oil new- Mnl 914 Pt. rle Oil A an Stand. Oil 1 Kan I 2 Stand. III! IN 4 4,0 Cnl-a Tank Line at Per was about what It amounted to. To- i Instead of ItMhlehem Hteel.

It 1 Cm 8700 A Coal PI. 1459 134 10 I A Coal 117 117 sa General Electric somewhat of a change for the better, for timer! advanced almitt points from toe s.t mll Cite. I'l IVHIPrilBT. nmvriirmi mnr, Electric dors pay a illvldi'ttd oo ,4 Ns 4l(lfl4 6 M.htnld4a.. K.n A I' 4s.

7d 4 MnksnA t.M 3 Mo hsnAT Hi. 61 3 MnPae as llt. SD4 1 Mi, PaelSe fle. f' 35 KotEnamA5a 1 h'st Tuhe I'S 3 NT AlrBrakefls l' 1 Kl Central 7N14 3 NT Central 87H, in Wl probably continue to. In place of r.r rent Cart money.

Sixty-day loans. 22 Nloety-day loans .22 Fettc Five months. .3 81 months. ..8 Prime com. papr344 Demand starling.

6 1 1 Atrb ed) 4s 10 STANDARD OIL SUBSIDIARIES (Quotes ST Carl Pforrhelmer, Broad et Manhattan.) feettel. Company. Bid. Aab-4. 8 3 8'i4 4ti 90 6.

34 Si 10as 50 784 108 .1 All L.OBR. SS. 6 B.1I AUblo.lttS PDH 1 (K)i 1 BaltaOev4)ae So1. 600 AmColOU. 47S 200 Am 91 2S0 Am 7 200 AmHlde pi 800 Amlc.See.

25'a 300 ABlLlDM'd 10'l 12700 Am 34 100 AmUalt'f. 1000 Am Pmtlt. 100 ASm.lt pM08 1700 AinSteelF. 409 4.761 lie.0ftft.rtrt. Angln-AmTtraa 1M4 18 K.

T. Federal Reserve) rexllaoouat 46 Crucible Steel, Hallway Steel Springs came In for attention, and Can, during most of the day, waa supplemented by Republic Iron and Steel. The railroad list was still nculected snd. on the whole, acted about as It did yesterday and the dny before, opening firm and then becoming rather Irregular. Canadian Pacific was the most conspicuous, breaking to the lowest price for a number of years.

The volume of business was Just about on a parity with that of other days of the week and. all In all, there was 34S- 24t- la 108 4 5lVt-24 784- 108 lm 40 109 1 113 -1 Buffrrm rrmtU, Central Foundry and Kelly-Hprlngtleld Tire shares vera all tn good demand and firmer. The balance of the specialties wss fairly active and prices held about steady at near tlia level of tha previous close. Mining shares were fairly active and only about steady. The dealings In Westinghouse convertible 6a were more active than they have been, and after an early show of strength a sharp recession was scored.

The following la a report of transactions tn the principal Issues traded In on the Curb, as reported by Edward K. Epps A 25 Broad street, Manhattan: torn. If" 64 13 lo.tJ 4 8 HTRsllway.iB. 3 )VeU4s. 8HV4 36 7 Nor f.cllto il-t 5 30 40 AU Maturities: Up to 19 days.

3 10 to 10 days. 4 Agricultural paport Over (0 days. 5 Bank acceptance! 4 3400 Am Sj.ar.1101 109 1 Beth Steel 2 101 14 BethSteol refit H5 3 10 1 B-H B.IH 11 Bin Cn Bl leoLeatliar6t. Md1 MM 10 CentPacISc 1st. Wit R4 1 Che.

AO 83 6 CheeaOov4)ta 71)4 6 V. 600 Am Sug pf 113 113 3UU A Tel T.I. 121 'i l'il'4 "4 Certified PnbUe Aecontinta, Send for oar weekly market review. Perpall, Shaskan Droge Broad St. Telephone 1M Broad Correapone1 ear.

GROSSMAN ZORJC, Ml 4th avenue. SMITH, LU BREW Elizabeth. I. J. 100 Am TobaoSO 22 220 "4 OS8 08V 3500 Anaconda.

704 STOCKS Shares. Open. Riga. ew. Last very little dlscernable change tn market conditions or actions.

Pool Activities and Tip. A great deal of condemnation has been heard lately of the alleged pools now supposed to be operating In the 1009 100's- 'a 11)4 II it Alaska There was very little change tn the 700 Atchison. .101 200 Atch 97S a 10 Chi Bur a 4.. eiiH general conduct of the stock market Arfiar. Zlno lo) Praden Cop tea Brit.

Am. SnO 5 34 10 KorPecin.4... (H)H 4 b.Ki 4 13 s30 Mill 7 llfl 1 Ore. 8s 14 HSW 3 oWi's'h'lVf'a 4e! WlQ 3 OrWashKAM 4s hill. 1 Penn set B.

16 Penu 4h Uol. 10314 10 Henngen U7X 10 People Blas.Ss..l00 3 Peo A Bast 1st. 60 1 PubtiervCorpas SUM 6 8lls 1 Beading in 4a. W-'H 41300 Bald bLo. 7liT 97 979- 'i 73S 743 Tt 77'a 78ls 8.

today. Taken by and large, It waa 14', l't li.lt. 5600 Bait a 0.. 78tj about the name thing that we have Central Foundry. INm Cent.

Fund. pfd. fo. Cons. Ana.

ftni't. 400 71a 71V- Atlenile Bennlng Oft Got Bome-Scrymser 'J(Ut 10, eta. eve Buckeye Pipe Une 98 UI3 KX1.00O rhe.sebron.h Mfg 70J 7 iS SlO.otlO Colonial oil 136 135 l.ann.nno Conllnenlsl Oil 3'J5 1,000.000 Creerent Pipe Line 40 43 LOM on. Ciimberlsnd Pipe 4,1 48 The Kurrka Pip. 15 g.ew.em Oal.na Signal oil 1.0 148 11.

aio.oa) Ciena Signal Oil I.l i 140 0,10, one Illinois Pipe Line ,3:1 1,000 004 Indiana Pipe Line 115 100 U.II7.41I National Tran.lt 3) dl 4.000.00. N. Y. Tran.lt 301 3tS 4,000.000 Northern Pipe Line Ill) 06 U.Mo.ot Ohio Oil M.eOMug Pierce Oil IB PlerceOllterp.ev 71 .1 It.ftm on. Prelrte Oil a Oaa 3H8 31 1 tt, 000.

on. Prams Pip. Llns. W.I...U, Ifll t.tfto.OOO Sular Kednlns tlH 331 10.00O.oil0 Southarn Pipe Line 307 318 U.tW.mo South. Pen, Oil (new).

...368 373 l.tftO.OOO B. W. I'snn Pipe lot 114 O.MO.ooo Standard Oil (Call 370 7 ao.0on,0ia Standard Oil (Ind.l 3IK) l.ooo.oiio standard Oil (Kan.) .140 .1,1 I.Otn.ow sundard oil (sty.) 348 1,000,0,10 Standard Oil (Neb.) 30 31. 1,000,0110 Standard Oil IN. 800 401 J4.K,000 Standard Oil IN.

1H8 188 4,400,000 Standard Oil (Ohio) 4'Id uo.aio kw.n a Finch 105 113 U.OOO.oo. Lniea Tank Line 79 nl 14,000.000 Vacuum oil 1110 303 IOH.0U0 Washington Oil 8. e) All ejuutatluos dollars per ehare. 500 71T been bavins for the last few weeks. 'ramo hhlpb 1 MO mn 9 6 W))4 0 B6 ,4 ChlM ABt'p'is 87 8 ChUAstrov4)t UH 3 04 2550 Beth Steel 202 19 198 -SS 4't )4 17 SIS I 14 UK is '4 II'! Bleetrle Boat ti Eleclrlo Boat pri.l&M) 240 Int.

Mer. Mar. pd i with particular emphasis laid on the war stocks and the standard list neglected. Where changes were most no 700 BethUt'l 124's 122j 12SVr- 500 Bka 7 8(4 864- ls Int. Motor.

i' 71 Vi 2400ButtearSu 72S Kellv Hnafd Tire Ui let 13 CbMaStPratflpl03)4 1 ticeable waa in the selection of the spa. Kennecott Cnn. 33 M14 1' 13-14 ui IM Ht, ir HH I IHi 11'. Will '3)a 3o 103 4 heplronAHtM 19700 CtaPaetlcl42 Mereonl or IS It-14 64 117 4 14 14 43H fi 14 tm, n't 2's 4 110H 6 101W cial stocks to receive attention and 424- 4 6200 CenL'ther. 43' 709 138s 424 89 28 Pvrene Mm 400 Stud.

Mot. Cons.loiO 1100 ChesaOhlo 40 200 CMJtW pt 28 "4 'IS IIMt IF YOU HAD BOUGHT Standard Motor Thre month ago, when flrat trWlatttl iti purohase. and held on to It, you could row realize Double Your Original Invettrntnt Our special Circular TNT gives the lateet Information about thla atock. Interesting fact also regarding Electric Boat Bridaa Copper Inst Motor Am. and many other tseuea Smnt upon rmquttt Harvey A.

Willis Co. (KataMlsbrrt 1001) 32 B'way, A) Phonea 127-S-9 Broad. 28 St. Joseph Lead.HHio merlins; Oum 11405 ChlMAStP. 81 79 war stocks.

As a matter of actual fact, these pools, while they exist, are not nearly so active as they are credited with being. They don't have to be. All the pools nave to do Is to quietly accumulate a block of stock and then start In moving. The Ctreet takes It up. buying at any old price In the confident belief that there is no top, and by the very force of this buying runs the stock up to unheard-of and unwarranted figures.

The pools do not even have to go to the trouble of starting rumors. That Is attended to by the ever-ready New Street gossips, who are always on the job and whose only reward, apparently. Is the satisfaction to be had by saying "I told you so." No. It Is not entirely the fault of tho people. They have much to answer for, and will probably have a great deal more later on, but for the time being they are only partly responsible.

The balance of the blame may be put on the speculative! v-crazed mihlic. and in thn dnnl riir, flts. nevr.jrot whereas the choice list of yesterday was allowed to rest, a new and even more select group was taken in hand today. Thus, It was Hallway Steel Springs, Cuban-American Sugar and American Coal Products that were marked up during the session, while such other sterling investment Issues IVPIa. Sis.

new pf sio li't 3 101 ii't lH 7914-lli 122 4 12n- 4 44- 4 500 122 900 124 12 lT-ii t'ror. nnarg. World Film SOW 3 stl.asrgm6.. 100 3 80H I ot A Mon Ceuiml 5. 105H 1 SeabAlrLadjiis U3) 5 bou Puo env 4s.

hOH 30 80)4 6 Sou rag env 6s. 10 3.i 80. Pan fog 4s. Hi- 4 sou Pae Turin 4a SOH 4 3 touthernRy4s. 60)4 4 Third av ro(4.

7l4 3 TulHtLW4. 4.1 10 Union Pao V'M 1 S30 V-IH I H.1H BONDS 8IIH CbMadtP.4)slOO CblHlAPdebiai 44 10 44)4 1 Chi Hl tag. 01 8 30 (tl toj 1 til 1 ChKlPgn4ii. 81). ,1 Cbllecupper 7s.ll4it 10 114 1 Col A Doulh 4s.

b7) 13 Cons tissue 3 H6H 0 Curob I'aTel Ill, 10 6 uui 1U UuiMintP V.i)4 4 Brie 4. 7: 1 krleam 6.1S 3 l.n K.lee 8 Grsntir Wlh'e Cnv.Bs.llOOOOM 104). 60 -1 as Bethelehem Steel, Crucible, were relegated to the comparative quiet of three or four point move 10 -2 CURB STOCKS 127 hit 2000 ChlaeCop. 100 CCCSSLpt 00 3700 ColFairoa 3D 500 Com.toc. 10 100 Coo 127 100 ConCanCo.

67 'o 200 ConCaa pf.100 2520 Cora Prod. o'A 200 C'a Pr pt 794 LONDON METAL MARKET Industrials. Today- ments. As a matter of fact, one day now is pretty much like any other, and the main difference between what Is doing today and what was doing yesterday is merely a matter of name. 44" bO S4'i 10 127 674j 100 144 794 454 97l9 1044 r- Today Yesterday Aakte, Bid.

Bid. Aeaee. tnBRSanf'ts. IH 7 bMeui 15 WsbPltTlstot 1 nieJ.it. ...101) 1 1 The railroad stocks started Just as analysis, this public will have to rav.

100 "4 144- 4 194 4 454-1 971314 119154 6 lirB InoB. UH 3 Uijck t3)t A 111 80H 44400 Cru. Steel. 7 Maryland 4a 08 We.uuslia,iOT.. 105)4 30 wia close.

lose. Tln- te d. s. 8. Spot 105 0 0 1115 10 Futures 103 0 0 161 18 0 Strait.

10U 0 0 167 0 Copper Spot 76 7 6 76 18 0. Future. 70 15 0 77 0 Electrolytic BO 10 0 Ml 10 0 Lead 34 13 8 24 13 8 Spelter 9d 0 0 96 0 0 1200Cru.St'lpf 983 6200 OA Sugar. 12) 15 15 15 3 1 10 I SALES FROM 1:10 P.M. TO CLOSS.

they did yesterday. They were firm and, had there been any relief from the industrial hubbub, would doubtless have gone forward tn good order. But such things, apparently, are not to be while the present mania for over-night riches continues, and the railroad list, while a trine more active 98 -5'a 103 Am.Wrlt'gPa BayStateQas. 116 Brlt.Am.Tob. 144 do.

13 Em'sonPhoo. 14 Hav. Tob 1 do. pf 8 Houston 13 do. pf 60 Int.

7 lOOCASutpC.103 8 1014 144 144Ts 7 Invest While You Save Too will aave more and get more return on your MTtngt if you start buying stocks and bonds now at prevailing prices. fiend for Booklet 8, "Partial Payment Plaa." Specialists In Odd Lots Member. New York Stock Exchange. MAIN OFFICII, 61 BROADWAY, N. T.

Brooklyn Branch, 26 Conrt St. Cabanaisit 7 Jaoan BSM 77 61 I RAIL TONNAGE PURCHASE 24 224 25as 2 Am Cot Oil 61.. 1 8 BIX HIVt Ulti 7 "a 24Ts- 224-1 25s- 31 -2 SO- than on other days of the week, fell far below the volume ot specialties. Canadian Pacific waa again the weak feature, selling below 140 for the first time in quite a number of years. The 6 Armour 3 AU'bi'AV4 so that that account will be balanced.

The Note to Gcrmnny. According to advices from Washing-tpn today, the full text of the note President Wilson is sending to Germany will be made public on Saturday and it remains to be seen whether or not this occurrence will have any effect on tho stock market. Koveral days ago, when it was widely rumored that the note would be very firm, there was a little weakness in the market, but for the last two or three days the note has been no factor at all, and has not even attracted any attention of consequence In the financial district. The Street, so it seemed, was not even curious concerning its contents, and although ith sab been generally believed that the note will be final and will leave no loophole for further ar 1UU LleftKU pt. 1800 Cist's See.

253., 2300 Dome 23 8700 Erlo 26 100 Erie 2d pt. 31 800 Erie 1st pf. 39 100 FederslMg 29 100 FedMipt. 50 4a. Bui.

EXPECTED FROM RUSSIA' That a further large portion of tha 6 B.ll A UUlu 4. Mi 6 Maliauuv 4iai s.iH 25 108 86 100 announcement of a $40,000,000 Do -3 116 14 15 14 1 5 60 7 20 160 85 150 160 3's 90 16 12 6 5 2 98 110 10 11 81 29 50 205 1(18 rail tonnage sought by Russia will be placed within the next ten days is tha minion of Canada 6 per cent, two-year note issue was said to have something 29 50 205 169 -25 to do with the weakness in Canadian 100 Gen Cbem.265 expectation in steel circles. Pacific, it beinx explained that Cana. 15 15 15 3 10 14 CI 8 25 165 86 160 165 4 8 93 17 12 6 6 3 103 120 10 12 2 8 7 2 Entry of other countries Into tha dians were selling with a purpose of reinvesting In the new notes, which -1 1 6400 O.n 900 Gen Motorl87 800 OnM'tor pf 107 2500 524 1858 185 106 107 American market for rails is making the steel companies more Independent inter, osui. an KellySpgTlrel63 r--.

1st 85 do. 2d Leh.Val.Co.. 160 Manhat.Tran Marconi of A. 3 Nat.Sug.Rfg. 90 N.y.Transp't 16 Pyrene 11 Rlker-Hcg'n.

0 Savoy Oil. 5 SterllngGum. 2 U.S.Clg.Storu 98 do. pf 110 U.S.Cl6.new. 10 do.

pf 11 may be exchanged later on for twenty-year, 5 per cent, tax free bonds 51 51 8 MuntanaPoois 3 NatUnamAStis B4) 4 unl 4a. 76 1 Telepb 41.1 05 I .30 5 Mi, 34 I Nor t'aot BOH I 10 88)4 1 oraSh Lfa 4a. bUt 1 Poon gun et 07)t 3 I'miu 4,41.. 100W 6 Pat A I'a. Il 5s l'U'- 18 lA-rlllard ItlUt I I IH .6 ReplronASl IB1H 0 81 LA so lit, id 10 at A lou Central 130)4 3 SeabAlrt.

4. 08 6 BcallAIrt, adj Al K4 1 bou Paeuuv 6a. 0V4 1 7)4 6 Sou Pao lermlt BOt I boutuerotty je BM 11 Union Pan U4 5 UnPaccv4a hH)4 li tn Pao Id. 06 4 mi 7 UnBltHanB'4s. 41V( bstuol.

i 10i) 7 101 35 15V. 5 W.Dl'l.T IBlOt 4 Maryland 4i K8 tveatlu.naiiiiv.lo viu.vu a-luv 01 the Dominion. 200 GtNorthplll6 116 116- Henry Clews Co. 11. 18.

18. IT and 1 BROAD ST. HniMU If. T. STOCK EXCHANOI Stocks and Bonds bought and told on commission.

Also carried on conservative terms. Deposit Aeeoontg received subject to check at sight Interest paid on dally balances. INVESTMENT SECURITIES The fact that the note to Ger gument, the market actually rose today when it was stated authoritatively that the message had been put on the wire for transmission to Berlin. It 9800 GtNerOre. 88 80 86s4- 4 1000 Ouggen'm.

61 60 (iOV- 4 105 "4 8 93 17 I 12 6 6 8 103 120 10 12 2 8 I 7 3 many had been dispatched had no effort on prices here and the Street appeared to be entirely indifferent to Sol. 10 BaltAdnW 31.1 b7 3 Metbntelre(5t 10 II.14 6 ten Leather 6t. Bliu I 1st. Miu 15 .110 Hit 4 ChMAMl'l 4I.1 bll 5 I bMAstPg 4.100 9 till A .111.. .1 1 1.1,1 U.lt, 1 CUIIllAPuebos 44m 7 44 1 CblHIAPfdg.

111). 1 CbHlAPgen4, Mil. 4 Nit. 48 Kupoot B.iH 1 bueoouv 3 Krlecoov 117 llud.AM ad 5s 35 1 I ml wenl IikiH 1 llil rcf it. 117, 5 ..10 H7).

15 Inl.Mr M.r4l. ,,4 0 intMer 11 bl 64 10 Lack Sleel 6s Ml 5 tlexi'etuel j.A 103). 6 Mesl'elliol IMC 10 i 1 Mo a a ea 6s. so 1 1 3 101 i may have been merely a coincidence 200 111 .101 2300 lnsp'nCop. SO1 that the market advanced, but it cer whatever consequences this communl talnly showed the lack of fear regard cation may have.

Of more conse TRAVELERS' LETTERS OF CREDIT 30- 71 19 73 10 quence to the Street was the news that the strike at Bridgeport had been 101 80 71 19 73 9 87 23 ing any consequences. Tho Bunk of England. definitely canceled and a rumor, clr DRAFTS ON LONDON AND PARIS BRANCH OFFICES. 600 rifth At. DOS Third An.

1122 Broadway 66 Warren St SO Union Square 18 Court St, Bklrm. culated in the early afternoon, that As was to be expected, the weekly U.Prof.Shar. U.S.L.&H.cfA U.S.L.&H.pf.. 7orld 88 1 1 4 8 100Int.Cnspf 714 1700 InUr Met. 20 100 IntMet pf.

73 2800 Int Paper. 10 200 InPap'r pf. 38 200 Kan Cy So. 23 lOOKnCySopf. 574 400 LackUteel.

48 100 Lchlr.hVal.142 the Bayonne strike would also be ad report of the Bank of England showed 1 4 3 in their exactions with regard to th Russian orders than when ths first orders from Russia were placed, a few months ago. France Is still in the market for tonnage, and Italy has now entered the market on a large scale. The negotiations with the Italian' agents have reached the slago where contracts for about 20,000 or 25,000 tons may be signed this week. The rails are wanted for the Italian State rallwuys. The latter railroad system has already placed orders In this market for locomotives.

Other Italian buyers who have helped the American steel market are the Italian shipyards, which have placed fairly large orders for steamship plates. Inriiirtes from tho Italian yards for plules continue. Demands for structural steel from domestic sources show Improvement. That Inquiries for tho structural steel which Is Wanted hy Russia for the construction of the buildings at its justed in a day or so also helped the 23 8 some extraordinary changes. Most notable of.all is the expansion In gov market.

Washington advices told of 574- WHEAT- the decision of the Interstate Com ernment deposits to $546,000,000, tho Mining Stocks. merce Commission, allowing the express companies increases which, as near as may be determined from the largest amount on record and an Increase from last week of $281,000,000. This amount Just about balances with 67i 48 142 65 62 364 48.... 142 65 62 -1 804.... Call or turtle for our fetter Morris Wilmarth Tel.

Broad 31538. 82 Broadway. Members Chicago Board of Trade. Consolidated stock Exch. of N.

Y. N. Coffee Bach. N. Y.

Produce Exeh. Established over 18 year. first reports, figure out at an average ot about JH per cent, on their gross business. This decision induced some seller 40. tSeller Tolal sale, today (par value) 11.524.000 Yesterday l.lllo.lloo preuoduig 1.7SB.OO0 824 activity In the stocks of the express the requirements for fhe first Instalment on the new war lonn, but this In all probability.

Is nothing more than a coincidence, as it was generally known that the government had agreed to leave the subscriptions of the Joint stock banks on deposits at comoanles at advancing prices, and also strengthened the few railway shares dealt in. In the afternoon buying power dl. GOVERNMENT BONDS those banks until it became necessary AI. 12 12 12 12 BraCen 6 7 6 7 Buffalo Can.Cop.Co.. 1 1 Chile lb" 20 10 20 Con.Arlz.Sm, 1 1 Con.Nev-O.., 1 1 1 1 KlPaso.

1(1 1 1 1st 2 8 2 8 Gold Hill Cop Gr.Cananea.. 41 12 41 42 Mason ValleJ 2 8 2 3 Mines 2 2 2 2 Stewart Mln. 1 2 1 2 TonopnhMln. 5 5 5 5 do. 2 2 2 2 Yukon 2 2 2 2 32 72 27 5 16 2 20 864 62 5 to draw on these funds.

There is a Bid.Aaks. BI4.Asked. decrease in private deposits of 724 27 6- I6V4 2- 20 4 864l c2Vt- 5 14- lOOMackaypf. 65 100 Mht. Shirt.

52 100 Max llMo'r 36 200 Max $4. 824 200 MoxPet'm. 724 700 MlamlCop. 27 400 Mo a T. 5 400 pf.

17 4200 Me PaclBo. 8 8100 Nat Enam. 20i 100 Nat En pt. 864 820 Nat 03 200 Max 2d. 5 100 Nev Cop'r.

14 4300 NVAlrB'kclOS 300 87 1700 NYNHaH. 58 500 26 appeared and the professionals, many of whom have been looking for a reaction, sold stocks In considerable quantity. At the close prices were near the low for the day and the whole V. S. 4.

Hot Fan. ta 97 Pan. 97 Pan. le 10114 Pan. 100)4 C.

8. la 97 98 U. 8. la B7 U. 8.

le 10014 U. a. KWS4 U. 8.4. 109 800,000, so tbat the consolidated deposit nccount shows an expansion of $164,000,000, as compared with an in new railroad terminals on the White Sea are already In tho American mur-ket, Is understood, and those In- qulrles are reported to figure promi" nently In the present upward trend of structural steel prices.

There Is no abatement In demand for shrapnel steel, and further advances In prices ot such material is recorded. The situation in TONOPAH MINING Write for this letter or I'hone Broad. EDWARD E. Established 1903. DIRECT CURB WIRES 25 Broad Street New York list appeared sort.

The contributions to the news of 14 the day concerning the trades were crease of about $130,000,000 in the consolidated loan account, which is made up of an increase in the private account, "other securities," of an Increase In thn government's loan account of $7,000,000. 101 101 mixed. The Iron Age reported ad PHILADELPHIA QUOTATIONS (Reported by chandler Bros, a 14 1'lne Btreet, Manhattan.) 86 ti B4 67 67 25 25-l vances In billets, open hearth shapes and tank plates, and the Dally Iron Trade reported a firm pig iron market at Buffalo and a slight advance In tidewater iron. The copper metal market continued dull, with leading Bid, Asked. BHt.Askeo.

30 31 Bullion holdings moved up to an Increase of $31,600,000 from last week and the highest point MINING NEWS Toronto, July 22 The directors of Phi la Co. 38 30 Am.Rall'y Phllaco.pf. 33 Western Power Com. Pfd. ENGLISH BANK REFLECTS WAR LOAN FINANCING 100 53V( '4)4 the Temlsltamlng Mining Company agencies refusing to quote, but will 100 Norf a W.104 104 104 300 North Pao.105 104 K4- 1300 Pas 864 534 8641 400 Penn 106 10tj 106 100 116 116-1 have Issued a report for the six months ing to sell at 19 Vi cents, while the since May 26, while reserve rose to $220,000,000.

The proportion of reserves to liabilities, contrary to the predictions of some, did not decrease, but advanced from 17.67 per last week, to 18.09 this week. H.F.McCONNELL&CO. seconds were a little more active, making contracts around 19 cents, to June 80, which shows 442,701 ounces of bullion In storage, 187,669 ounces of bullion in storage, 187,669 400 78 76 76 -1 26 Pine Tel. 6064 John, New York. 43 -4 ev.

8)4 3t ftt 83), 3 t4 0)4 4o 7U 79 08 and at least one second agency selling below this figure. The London standard copper market was again Do. new.pf 40)4 Phlla.Kleo. Phlla, R.T. 8V4 bv.

Tonopah B. 8t Torn, pah at 54 I'nlon Tra. 33 L-nlias inc. Warwlckat iH W.Jer.Ado. 47 KlecP.4e..

76 Ind.8t.Rye 76 Int 67)4 Phlla. Co. te (18 100,000 ounces of ore bagged at the mine, a total of 780,270 ounces, or 400 Pitt Coal. 23 1200 PltCoal pt. 91 4700 Pro Stool 51 200 Qulcksll'r.

2 Loans to Cn nndn. Tha announcement that a syndicate oft, but electrolytic was unchanged. FAVORABLE BANK RETURNS about $345,000 worth of silver at cur Do. Oil CambrlaBt. 614 Con.

Tr. N.J 73)4 Ulec.ofAm BlseStorBy 62)4 a'alrm'tPar Oen.Asphal 31 Oen.Asph.p 67 UunteiB.T M.etU.T.pf KeyTel 13 Key Tel.pf. 85 Lake Sup'r. 8 L.Uup.lno.. 30 LeblghNar 73)4 Leh Ntr.o Lehigh vat 71)4 UV.H-ans.

13 LVTrans.pl IUH Psnn.tituel Pa.ble.1 pi. 68 22 91 50 2 8434 88 23 91 -2 50 2- 85 1 nf hanks and bankers, Including J. In the bond market there was a renewal of foreign selling, a feature CAUSES BETTER TONE rent market prices, and $223 cash. At the end nf last year the company had In cash and bullion about $66,000 10100 Ry Spring. 86 of this department being the hign erade of the bonds sold "seller JO London, July 22 Money was In 14 66 8)4 au i-i" 14 30 so that In this respect Its position la, 100 RySp'g Pf.

88 800 Kuy cop r. 23 Such bonds as Atchison general 4s, 22, good demand today and bankers 99 B. and O. joint 4s: Northern Pa lv3 50)0 147 1404 140- raised deposits rates to 3 per cent. clflc and Union Pacific general 4s and Louisville and Nashville gold 6a were London, July 22 The weekly statement of the Bank of England shows the following changes: Total reserve Increased circulation decreased bullion Increased other securities increased other deposits decreased public deposits increased government securities Increased 1,410,000.

The proportion of the bank's reserve to liabilities Is now 18.10 per cent, against 17.60 per cent, last week, and compares with an advance from 62 Vi per cent, to 62 per cent, in this week laat year. The clearings through the London banks for the week were $94,300,000, against 289,140,000 last week and 295,707,000 In this week last year. The following table gives the Bank of England statement In detail for the week, with comparisons: 1'h Kl.t.cos 79V4 7U4 Welsb'ehia 01 91). WOCraiiip. 87 e7 much Improved.

Tha company is not selling any bullion, owing to the low price of silver but is storing It in London and York and borrowing money thereon for current expenses. Thn report shows that a loan of $30,000 was obtained on May 8. Discount rates were Inclined to ease oft on the good bank return. The feature of the latter was the increase of 6,299,727 in the Btock of bullion among the list traded In In this man nnr. Monev rates were about un due to war loan payments and the re turn of cash from circulation.

BROOKLYN SECURITIES changed and foreign exchange was dull, but somewhat mixed, with lire and marks easier and some firmness displayed In sterling, due to the maintenance of high discounts In London and the better condition 400 Read 80 80 31750 Kep Steel. 87 35 150 RepSt'l pt. 93 92 100 Rockl'd pL 200 24 2 100 Rumely pt. 9 9 1400 8tLSanF. 4 4 i 5 5 100 StLS 13 18 300 sea Air L.

12 12 3J0 SeaAlrLpf b2 32 00 Sears Roe. 146 146 The huge expansion in other secur Hies (24.546,000), and public denos BANKS its (56,240,000) indicates the extent Bld.Ae. yaseati teat 5 310 RAILROADS Bid Ati.Avs'ti.. mm 100)4 BklnOANlst IIS), 110 Bkln HIS 173 BklnOtvlet 100)4 101 of the market borrowings. evinced there.

80 -5 35 '4 2-1's 4 54- 1- 12- 32 a4 140 39 t4- 13- 46 -3 fc2 -1 The stock market developed a bet The Bank of England showed some ter tone. There was a moderate da unusual changes, which are com mand for home rails and the old War B4 BH loan recovered. In other dl Week ended FRANCS AGAIN EASY; OTHER EXCHANGE The foreign exchnngo market opened about steady today, and tha only change that was recorded after the opening was a further easing in French exchange. Cuhlo francs opened at 6.61 and declined to 6.02 checks opened at 5.62 and declined to 5.68. Sterling exchange rates were rections was slack.

Russian secur Jy.ll.'IS. Jy.22.'l4. Jv.23'11. 2700 SloiSuefI 404 Nat'l 270 North Side. ISO PeopleoNat, loo Pubiie Rldgewood.

.30 State 130 FEHRT COS-Brooklyn 4a. 03 Brooklyn AE N.T tCItt 45 in lMhai'idStis 40 itles were weak. 2S5 3(10 14(1 175 140 97 1 II 80 15 45 35 mented upon more fully in another column. The most notable change In this statement was a gain of in Government deposits with the bank, but this probably represents only a fraction ot the funds taken in on Tuesday as a result of 4100 So Pacific. lt c3'4 loo 100 83 75 103 105 105 American securities were a shade U.U.aDKl.

B7 Coney LAB. BO C.I.AB.lst.. 80 Nassau 4a 73 Naaaaulatas 101 I5 NYConftypf B5 07 33 under parity with the exception of Circulation Public Other aws Other Toml ruserve Tlulllon Pro. res. to llab.

ill. 774.000 los.i'jd.ooo ujas.TO ii.m.ius 134.S-'().0OO 40.iltl.IM ll.nO.',. IK 12.7,-4,(W 44. mi. mm 6.4?6.0nrt V), 111,.

HI 31,727,071 11.10 42V4 13. 28U0 14 900 8outh'n pf. 48 6000 Studebak B3 united states steel, wmcn was steady. The tone was good and the margins 46 82 b7 the first Installment of the war loan, 97 were iair. 87- CO 500 Tens Cop.

b74 steady, demand was 4.76 9-16, cables" The subscriptions of the joint stock banks will remain on deposit with Institutions and do not show in 100 TexosCo.131 131 131')a-l nr. ldl Inl. Union Ferry 31 tlntonP-yia. B9 100 LONDON QUOTATIONS auu ut ll ii a MISCELLANaXJLs the bank statement. A gain of more Clo- N.

T. BklnUorOaa B5 110 1st St. B5 100 B5 85 Edison 87 87 K'gstJoBiec 134 1354 Klnge Co es 1113 106 Clot. T. INCREASED EXPORTS SHOWN BY GOVERNMENT FIGURES ins eq.lv.

las. eqelv. 100 imd Avo. 614 61 61 84 210Tob.Pr.pf. 99 99 99 were 4.77 Va4.

77 3-16, marks wer guilders were and lire were easier at 20. The following are t. rates of exchange as quoted by Knauth. Ncch.d 4t Kulins, II William street. Matt Console-m.

66 than 131,000,000 In gold was reported by the Bank of England and the Bank of France gained about $11,000,000 in rnld. These figures look huge 7M Acad Musle 9 Am.Cklcle.. 137 Am.Chlcle.p 90 A.O.T.Ukln Atlantis rut 85 Bkn. Iiev.lt 10 13 140 Blki 13 95 30 100 Vb B.gtP. 6 6 6- 8400 futon 1'ae 127 1264 126- when compared with the gain of the 100 Psc war.

30 30 80 battani BondAM.Q. 370 385 Today', n.te. Par Imperial Bank ot uermany xor me 1100 tn Ry Inf. 19 18 Uo pur 4.113 133 118 N.Y.aQ'ns.. 40 NY Ay nap.

05 TRUST SOS 144 470 loax 102 110). ltH Bkn. Storege 65 week or only 118 63 76 150 455 700 UnRylnpf. 30 854 854-1 Morgan Brown Bros. the National City Bank, the First National Bank and the Hank of Montreal, had been formed for the purpose of taking up an issue of $40,000,000, serial one-two year 6 per cent, notes of the Dominion of Canada has brought to light the fact that the London money market, being under the greatest pressure because of the war, has practically become closed to the British colonies, certainly to Canada as long as Canndian financing may be done here in New York.

Grout Britain Is extending her credit to her allies and her great colonics, which are now able to handle their own affairs in rather satisfactory manner, are turning to other money markets. Since the war started the United States has loaned Canada close to and the chances are that a great deal more will be loaned before the war is over. Cunadlun Pacific. The announcement of the Dominion of Canada note Issue, a public offering of which will probably be made In the near future, Induced a certain amount of selling here of Canadian Pacific and broke the price down to the lowest since 1906. It was reported that houses with Montreal connections were largo sellers fur the account of Canadians who desire to get out of their Canadian Puclflc and transfer the funds Into the new notes.

These notes will run for one and two years and are convertible at any time up to within three months of maturity Into twenty-yeiir 5 per cent. Canadian bonds, which are to be free of Canadian taxes. This makes an attractive offer and there seems to be no reason why the loan should not be a great success. Incidentally, this transaction, lielng for the Canadian Government, may foreshadow an Issue of British bonds here. The greatest drawback tn such a move Is the Income tax.

If Great Britain would Issue tax-free bonds here, they would probably be well received. Anaconda's "Rise." If one had not been paying close attention to the Amalgamated Anaconda deal and had merely wandered Into a brokerage olllce today and looked over the stock board casually, one would have been greatly Impressed with the action of the latter stock. Anaconda closed lust night at $4, and opened this morning at 70, which la something of a rise even In these days of war stocks. However, there Is nothing to become excited over In this. Yesterday Anaconda had a par value of $25.

Today its par value Is $50, so that the overnight gain win really only 14 of I per cent. But If a man hud purchased two shares of the $25 kind yesterday and sold out his one share of the $50 kind today, the commission charge would 76 8(1 90 85)4 111) BOSTON QUOTATIONS 800 lo'a 15 -1 100 USExp 62 61 61 -1 Bueh.Ter.... 84 Bush.Ter U. 85 Bueh.Ter. b( 83 Ka.l.Ware.

() E. W. Bliss XatMexIM Nat.M.iM 8 N.T.Oent.. Norf.awe.107 Norf.AW.p 84)4 North.Pae. 103)4 Ont.AWes.

7), Penna I A Read, let pi Roadlns td Rocklslant St. So. P.O.... I 8 Bo.Rellwe 14)4 Bo. Rr.pt..

7 Union Pa. I .,3 Uo.Peo.pf. b. U.S.Stal.. 67)4 U.8.Steel Uu 135 143 VwaleheA by Thomas L.

llanson Ce IM ,345 355 376 11U0 LSHubb.r. 45 44 44-l 400 USRub 103 103 4.7HO-16 480H 4.77 3 10 4 73 4.7H 6 63 6. 1 Si. JMet .4,1, eon .181, .1618 .30 .3570 .304 6.11 .0300 6.1 Demand cable sterling Slaty-day Ninety-day Parle Germany Amstsrdam Genoa Vienna Scandinavia Swlee Petrograd Console ae. 641.

76 Am.Bm.lt' 60 Anaconda. 5M 1044 Atch'n PO BaltAOhlo 80)4 Balt.aO.pt -l Can.Paoin14f)l Ches.AOhk i8)4 Cbl.iOt.W li)4 Den.AIUo. 6 U.Ati.O.pf 64 KM. Kru 1st pf 41), Erie Id pt. SUft Ot.Nor.pt.

1171, UlinolsCen 114M Lou tab 6H M.K.ar.pt u. Mo.Paine. 60 USX 100H 87 7(i4 B7ii HIM 7 11 164 30 urn 1 0H UU ex BW.Blle.pf 135 1.15 I 3(15 (Quotation, op 1 Opening. High. Low.

Fld.I'h 3115 hit 10 SH 71 1 8X 100 303 75 180 RAILROAD STOCKS. Boston Elevated 73 73 73 73 Boston Maine 31 31 31 VI H. 1. M. H.

A 68 68 68 68 TELEPHONE STOCKS, Washington, July 22 Largs Increases in exports of explosives. Iron and steel manufactures, automobiles, leather, cotton and woolen goods, chemicals, all classes of metal goods and in foodstuffs are shown by detailed Department of Commerce statistics for May, Issued today. Exports of explosives over May, 1914, Increased $5,600,000. The total for last May aggregated Exports of explosives for eleven months in 1914 aggregated approximately $6,000,000, while for eleven months of the present fiscal year the total exceeds $80,000,000. Iron and steel exports for May aggregated $26,600,000, an incroase of $6,800,000 over May, 1914.

Commercial automobile exports aggregated $6,600,000, an Inorease of $6,600,000. For eleven months this year commercial automobile exports amount to ap 3U6 118 3H5 80 385 150 308 3H5 145 100 115 130 14U A. Tl 13144 121H 31X Klnge 610 113 Peoplea 2X0 Queens 50 'lltle A 870 BANKS Coney-lsld 130 Com Each. 300 rlrst Nat l. 340 (iraenpolnt.

too llona.sttaU stlllsld. 106 140 Mentauk in 44 HrelMtg.O. SO RklnsaieDe 1:10 HomeT.Ins. 1115 King. 65 Laar'yaMtg 173 Ul.OaleOepllO Ke.UooMoe.

40 No.Ltc.pt. 75 N.T.Uorig. 105 N.Y. 40 By. tint 96 kecur'yltet.

.13 L.aTIUevl.. 30 Ylmab.F.lniltO Waba.ll.pt 1 Wabub 4u 86 130 17)4 6)4 80500 USSteeL. 64 684 63- 2500 L'SSteel pel 11 111 111 600 Utah 06 60 60 83 81 81-1 100 300 Wabaihpf. 200 Wells Far. 100 97 100 5 700 West 09 69 69 906U0 westlng'se 1094 104 106 -3 100 West.

1st. 126 126 126 1 370 134 134 -1 Note All quotatlona In the above table are baaed upon transection. Involving 100 sbaree er more, important odd rat transections, wlin auoieuons, ai. given separately, exo.pl wbsn eund sales ot lw or uur. also oocur.

ODD LOT BALES. BOH Anier. Pneumatic pfd. 17)4 17)4 Atl. O.

W. India, pt 2HH 17 Mask Oa. oom 004 004 United Shoe Uach 604 04 United Fruit I3 WooLptd MX 17)4 6)4 80)4 C44 108 1U41. 14 ORDNANCE STOCKS (Baaed on 1:30 o'clock prlcea.) (Furnished by Gilbert Elliott 4 27 45 176 Street, New York.) Nate Week. rer listed Brooklyn aeeurtttee Me steak traaa, I74 11H 1.4 proximately $30,500,000, as compared t6U 181, TRANSFERS AND DIVIDENDS.

Addition to the Met Today. 16 Company and dlv. payable. Close. Open.

Le.L 30 6 125 alee. High. Low. 20 CalPetpf. 80 80 22 DenfcRloO 5 5 20 K.C.Pow..

125 125 Dlllman Uakery pr 3', MINJNO ait.K.aa. Alaska aH 144 Aa. 67 (74 Butte a Superior 70)4 '2 Calumet a 64)4 04)4 Calumet Heola 664) 160 Centennial 1HI4 lh)4 copper Hans. fcaat Butt. 13 1:14 Uranby 86 16 Isle Royal.

38 38 Lak. Copper 16 16)4 Mass. Coo. 13 13 Butts). o)4 Osceola "14 81)4 Ray Cone.

Copper 33'4 3H U.S.Smelt.R.aal.eona. 41 .3 U.S.gmeU.Haal.pfd... 614 4lt Wyandot 76 76 Aetna Explosives, oom Aetna Explosives, pf Atlas Powder BIlis (K. com Bliss (B. pf I Canadian Car and Foundry Canadian Canadian Explosives, Coll.

Arm i Dul'ont Powder, com UuPunt Powder, pf Electrlo Boat, com Kleclrlo Boat, pf H.rculea Powder, com I Nllea Brment Pond '04 70)4 114 ls4 66)4 13 e6 38 16)4 13 81)4 33H 41 '4 71 38 189 83 216 8.i0 129 73 ilOU lilt 446 660 7 2.10 41.i llil K0 1.07,1 Call money opened and renewed at 2 per and most of tha day's loans were made at that figure. Tha range was from 1 per cent, to 2 per cent. Time money rates were unchanged with the exception nf six month funds which loaned at 3 per which compares with 3 per cent, yesterday. Sixty days 2V4 to 2 Vs per ninety days 21j to 24 per four months 2 to 3 per and five months I per eent. l'rlme mercantile paper wits unchanged at from 1 per cent, to 4 per cent.

rrime bank acceptances were unchanged at 2H to 2 4 per cent, for both sixty and ninety days. The statement of the New York Clearing House showed exchanges of $285,391,796 and balunces of $16, 714. The Sub-Treasury wss a debtor at the Clearing House today to the extent' of $1,046,617. The Sub-Treasury lost $206,000 to the banks yesterday and since Friday last has lost $64,000. Money at London continued steady today at 4 to 4 per cent.

Discount rates for short and three month bills were steady at 6 to 6 Vtt per cent Premiums on gold were: 2.40, and Lisbon, 49.00. New York exchange at commercial oenters waa: Boston, par; Cincinnati, par: Chicago 15 cents discount, atsl 144 86 6 376 143 77 10 1UU 4. 68U 101 345 UUI 116 1.736 16)4 13 Oermen Am Ilk 2 Jai'ksnnv Trsc 75c Kellogg Swltihbd A Supply I Lyman Mills I a Maae Cotton Mills 4 a a Monon Val Tree pf 8ept Aug 10 Aug i 'July 27 Aug 2 'July 23 July 31 ejuly Aug 1 "July 21 Aug Id 'July to Aug 1 July 2T Aug 81). 33 SALES OF STOCK 8. The volume ot business hour by hour and for tbe day was as follows: l-rea Charee.

From Snares. to 11.. 230,600. 1 to 127,500 11 to 12.. 131.400 2 to $....

1 8,000 12to 1... 67.7001 43 with i. ouo.uuo tor tne previous period. Refined sugar exports for the eleven months aggregate $21,000,000, an Increase of more than $21,000,000. Flour exports for May aggregated $9,800,000.

an Increase of $6,600,000 over May, 1914. For the eleven months flour aggregated $88,000,000, as compared vtith $50,000,000 In the 1914 period. Leather manufactures, other than boots and shoes, Increased over May, 1914, cotton goods, brass and manufactures ttieoof, cars and cottonseed oil, cheese, sine manufactures, aeroplanes, $200,000. Slight decreases occurred In exports of copper, boards, electrical goods, agricultural Implements, naval Mil, a 3 Savage Arms Winchester Mepeatlng 76 Munlclnal S.rv nf l1 Total 688.200 TO IS8TJE CERTIFICATES, Receiver Hewitt of the International he for three shares, or at tho rate of $37.60 for the round turn on 100 shares. In othor words, now that the par has been doubled, the broker Typesetting Machine Company has been authorized by Federal Judge Hand to Isaue $150,000 per eent.

on year certificates. The proceeds will be Aug I ejuly 21 Mutual Film pf 1 1. Oct 1 'Kept 20 Natl Cloak A 8 pt IV. Sept 1 Aug I North Am 1H Oct 1 'Dept 14 Plant Thomaa pf II. 76 July July II Plant Thomas com (J July 24 'July 12 St.

Mary's Mineral Land It Aug Muly 12 Untd CI aar Btorea Am com lt Aug 14 'Aug I eatock of reoo nOCSEMAX CO. BRANCH. A. A. Houseman Co.

announce that on July 28 they will open a branch office under the management of Robert C. Watson and Dnnlel I. Bradley, In the Grand Central Terminal Building, 70 Bast Korty-flfth street, for the transaction of a general business in stocks, bonds, cotton, rain, sugar and coffee. makes only hair or wnat ne formerly NO CONVERTERS DIVIDENDS. Montreal, July 22 The directors of the Canadian Converters, today decided to suspend payment of dividends for the present.

Dividends In this concern were resumed three yeara ago. Four per cent, was paid until January, when tht dividend was reduced to 2 per cent. made when his clients deal In Ana used to redeem $100,000 receiver' stores, timber, tobacco, alcoholic bev- conda. The stamp tax Is thn tame, certificates and to carry on the busl as this is figured on the annul par erages, eartlienwars and musical In- neas. The certificates art prior to ths i Minneapolis, 20 cents premium.

value, ana not snare tor Liiure. IstrumenUt nrst mortia i.