The New York Times from New York, New York • Page 9

THE NEW YORK TDIES. STTNDXT. JUKE SO. 1007. T- I I POPULAR CITY LOAH URGED BY A BIDDER 9 Co.

Think Public Would Be Good Buyers of $20, $50, and $100 Bonds 6AY THE BANKS WOULD HELP torn Doubt, Howtvir, Whether Un der the Present Lew Such a Loan Would Be Legal. The practical failure of the trltr bond gale on Friday has led one Wall Street teskins houM to suggest to tbe Controller lht the city -sell securities in gmaller denominations titan pereioiore. bo a to nlve email "Investor a chance to get la on the ground floor and obtain gilt-edged bonds and atocka In gjoounts. The suggestion 'comes "from J. 6.

Pache who bid for S300.000 wort a of stock on rrlday. 1 truer te the Controller follows: June 2. 1907. Herman A. Vets, Controller.

New Tort City peer Sir: We pareunia that we shall be awarded the I New Tort City bond for hJch we j-esterday bid 100 0L A It of vital- lniMrtnce to the city to dispose of Its bond promptly, without having to Increase the rate of Interest, we be to vtt a suggestion. We believe If yoi will make a popular loan. Offering the bnnde to the public In denomlna- tiona of 82. tl'iQ. and upward at par asd Interest, etmllar to the Government offering of war In 18.

that the bonds will be subscribed for readily, la offering the bond to the public we would recotnrnend that the subscription be properly advsrtlaed and that It be kept open for a Stated period, giving only sufficient time for tbe public to fuUy understand The rare oppor-(unity for email Investors to get 4 pr cent, security of the City of New York at par. There should be no better American credit then that of Kew Tort Cily. and believe that Deny people would take pride In owning theee bonde if It were eaada easy for them to procure them. We believe that bankers would be' very glad te help a move of thle sort; aa the sueeeae of the sale would mean the cumulation of confl-deans In all New Tork City securities. We are very truly your.

V- i. BAfHE CO. There. Is soreo doubt as to whether the Controller has the power to do as the banking- firm safrgests In view of the fact that the taw provides that the bonds and storks of the city shall bo sold to the highest bidder LEASED bFpUBLIC SERVICE. United Electric Company to be Taken Over for a Term of 999 Years.

The announcement of a special dividend of 0 per cent, by the Directors of the United Electric Company of New Jersey on Friday was followed by the announce ment by President MeCarter of the Public Service Corporation ye.terday that this Beard of Directors of the electric company had decided to submit to the stockholders a 'plan for Its lease to the Public Service Corporation for a term of 90!) years. A stockholders' meeting; to pass on the lease has been called for July 12. The provisions of the lease call for the division. Upon tbo consummation of th lease, of estimated to be the surplus cash assets of the I'nlted Electrto Company, and than a rental of a per cent, for two years. 4 per cent, for the next two years, and 5 per cent, thereafter.

A. the Pubjlft Berries Is the owner of approximately US pr rent, of the capital stock of the United Kleotrlc Company of New Jersey the rental!" prescribed were agreed upon with especial regard to the rights of The 2 per cent, of the stockholders of tho United Electric Company not owned bv the Public Servlc. President Mo-Carter's statement sayu that the lease will rvsult in great advantage to both companies. THE OUTSIDE SECURITIES. Ts principal tree tors resorted yesterday fas the eartstde ssarket.

with high, low, and last prlcea. were aa follows: Balea. Ope. Hgav low. Last.

SV)BK Vt it hteamship Oil BOS'i BOS', K.J. o4 4V lU.Weetem Ice Co. SO SO 30 BAILBOAM. Subway 24 55 See. 100 10O MLVIXO rXOCKK.

K. Pev. 87 8 JSwr1t. Cot. Cop.

9 Butte Coalition. ZS Butte N. Y. S.eo..caK Cnna 80 1.. Colonial bllvrr.

2 1.4 Kit- ZH Retate 12 100.. Dolores Ltd. 7 0 int. Copper Vn. Kir Central 4 Con.

1 Iayo Ming 9 110. Ck. Cooeer -ie 9tl Mill. 9 t-ie 3 1-lg JH 1. 4 b.v..Gmne 7-l 1H 1 7-1 1 7-l Greene Of.

74 1V win. Micmac Mines Co. of A. IS Mitchell Mining- Monte, of C. R.

aoo. Nevada la 8iONa-U. M. B. efSLiplasinsr M.

US Butt Eat. 2S Copper. 3x. 1 gnld. 2- 4.7O0..tPltts.

L. Z.tZ4 tT a 14 7 7 54 100 2ft .3 1 6 eo e-ie 2 12 eo 44 so I'JO SH 24 2S 2'4 10V SO 2 a-i 2' 2 l.T a US 21 2H 1H 1 8-14 B4 B4 IS 2'fc IS H's 2H 2" IS 2- 6 US 2S Qwn. .1 1-1 1 S-l 175 S3.40 83.73 IS 2 1 1S 69 IS 1 0-1d 1 -16 BO Vv 2 1 13S 87 8H 4 IS 2 114 13S 3H S4 is 1H)S 10iS KW'-i IIS 325 2 2o 24 2V 14S 12 3.10 2 22 1 ftrt Mlntna 2 toirt. Extn. 1 lK.

Mln. of J. 1S 1.2"0. 57 l.fw..Trl-Bullion a United 31 t0. IS 1.260.

SO BONDS. 83.000.. Adams Ex. col. 4s.

w. 1 B.O00. 30rd.loO' -CHI a lots. 1 bails cents pr snare. 'i ee The transactions In the lading securities on the New York Curb for the week ended Saturday, Juna 2.

with price changes for the week, are glen In the following. table: Net. Sales. High. Low.

Last. Ch ge m. 12 21.. Am. W.

Pai. 2 I.OIO. W. P.pf. 22 8.

20rt. Fdy 2S Cen. Fdy. pf. 15 Tobacco 1.1 10.

0iO Y. Trans. Standard Olt.ooe BAIS S. 1. Al.

loo. 8. 1. A I.f 4S 6. 400.

West. Ice Co. 84S 30 RAILROADS. 13.. Am.

T. 2 8.800. Subway. 25 22S 2.800.. Man.

Transit. 5 5' 3.1.. N. See. stubs.

100 25. 14 MINING. 400. 1 1.U20. Barnts-klng Dv 4S 2.005..Bonanra Creek 1S B-jeton Sl 4.820.

Col. Cop. 2iN). Minre 2.355.. Butte Coaltfn 2T Butte A N.

3S Silver 2 6.016.. Colusa-L. Ext. i'S 2.5'iO..Cum.-Kly M. 8 4.VJ0.

Es. 12 HE-GOnOIt JMRKEX. Still Stronger Cloaas Steady at to 10 Polnta Advance. WXATHTR Uf COTTOW eTTATBS. WASHrNOTOX.

Jus te.Tbo Tedersl Weather Bureau issues the following forecast for Sunday a4 Monday: North Carolina Partly cloudy and warmer unday, Monday fair, warmer; fresh westerly wlnde. I Houth Carolina. Georgia, Caster Florida, Western Florida. Alabama, an4 Mississippi Fair Monday and Monday; light westerly winds. Louisiana aad Eastern Texas Fair Sunday and Monday: light variable wtnda.

Wwum Texas. Arkansas. Oklahoma, and Indian Tot rloty Fair Sunday and Monday. Tennessee and Kentucky Fair Sunday aad Monday. Cotton showed farther strength, with Xuly elllng above 12c one snore, and the general list reaching a lee-el within 23232 points of tbe highest level Cor the esason.

The close was a shads off from the best, but steady at a net advance of 4tlO points. Bales were ee-U stated at 150.000 bales. The opening was steady at unchanged prices to a decline of I points, but tbe market soon rallied from complaints of dry, hot weather in the Southwest, too much rain In tbe Eastern belt, aad a condition report for Texas, Issued by the Southwestern Cotton Buyers Association, which Indicated aa Improvement In condition for the month of only about per although wires received during the day told of beneficial rains In some sections of the State. Tbe range of contract prices la tbe local market was as follows: June July i August September I ix-tober November December January February March 2 2V, IS 12 i 1 3 1 H5 5 40V -t- V4 80 4V 67 14 02 25 5S" too 147 2 2S 15-19 15-18 80O 12. 400 Lira Dom.

I. 8.S15. Cop. RAILROAD EARNINGS. CANADIAN PACIFIC for May lftoa.

Ofoss 8V.1T.1H S4.22n.13l Expenses 4 417 7T7 3 SiU H4 241 lfl Net 2.31!.35 2, 1X7, MU 1.37M.W, limns. 5S.192.410 Expanses 33.157.147 32.07B.7OI II ms. kl.0n5.2B3 U.K72.16J CENTRAL OF GIX5P.G1A far Mav 'irvm V55.7:ta 7S.R52 Exp. and taxes, M.1,477i 0i.7u2 610.S51 -Net 142.25 2lW.25 152.701 11 mos. 11.

2l.i0 10.M4.Hi3 Kxd. and taxrs. 7. 57.17 6MM.011 11 raos. net 2.4W7.413 2.403.084 CEfl MCINES A XRT DODGE for the year ended Dec 31 dots Expenses Nt Chgs taxes.

c. Surplus 1IMI5. Inrrnasc PM.072 lia.45'1 ft17.fl.Vl 27.01 rT.5d il.2ii!. 7.77 44.058 l.B71.tn6 1.702.IH4 1.07W.O-7 11349 r.S.47J i.is,in K2 1SI 115.017 11100 627 iZH 2R4.WV1 2i 1. 62.7.17 There was xp'nrto! for additions and lm proyrmeau In 1006.

against 837.3S4 la HKtt, 1807. 1806. 1900. tKHlQII VALLEY for Mar vromm a.xm.nwj 3.4IS.3.19 2.TS1.731 -pwiHt i.wi.pna 'et L27.7ai4 Other Income 71.744 Total Income l.Std.471 Ad' I 150.IAVI Surplus 1.212.622 11 inoa. 32.

TA. 20.13.n.n 2.2S,X75 expenses 17.12H (01 11 noe. ll.fil.H.W ll.lW.IH Other Income. S7H.14 41l.Mv4 Total'lecome 914 11. ll.tCot 42a Ad 1.K2.1.KHO l.lMlVI 1.10.21 11 csos.

surplus.ll.H34.024 10.251.6U7 10.506.210 'tOVTHERJt RAILWAY for May SLss 4.K.77 4.oSl.TS 8.R5aP73 Exp. and taxee. S.1VM1.01S 8.M2.020 S.IH3.454 r.et Ha.5S S07J17 Ll B2.04..0 40.S47.(x8 44.8-16 p. and taxea41.2.P73 36.M7.442 82.141.738 moa. 12.800.42 12.17201 i 2f tseellaaeosis EsrmlstaTa.

eUfWRICAN GLinc COMPANY for the fiscal nm ay st surplus toi.sh 194,600 2Sl.l 251.157 447.704 80. OHO. 00,000 144.154 1S4.072 75a. 241.604 Net Tetal JleprwJtattea r4vidcnds Balance 142,41 218.P15 801. 3.14 2.

77.1 lMt.soe 7 Mi 10 5' 4 8 24 2', 23' 1 2 IS 2S 71 12 41 5'4 5 4H 1 1H 3S Vl 27 -I- 4 "A 24 -t- 2 3 25 1 2 2H 12S IS 5V4 -f. 1H 5 4- 1 3 9-16 8 -4- 2 Bayo 1.200. Central Elv Con is 12.2 Foetor Cobalt t'a 3.540. Furn.Ck. 'S Mining 8 HiU Cop.

2Vi 1 I ww lfl 15S 1S 1 Greene IS rf. 25. Con. S'i 8V. 2,110..

Kins; Edward 1-16 15-14 1 1-14--1-14 21.IXM1. M. BS 5S IS Co. of Am. IS IS IS 1.870.

Mitc hell Min g. 2'. 2 274 3.8KO..M. of C. ltlcn, 2V 2S 7'i 7 High.

Low. 11.97 11.86 11.50 11 3 11.63 11.60 11.70 ..12.02 ..12 0 ..11 45 ..11.) ..11 63. ..11.80 .11.90 1189 Friday's Close. Cloee. 12.dPvil2.oS 11.98r 12.00 11 62ivt.ll.63 ll.70ull.77 11.734U.TB 11.78lll.79 11 80 11.89 ll.92ail.94 ll.Wxall.Ov 11 90 11.

Jl 11 8 11.53 II XI 11.63 11.71 11 82 11.84 11.93 ABIDING-BY TERUS -OF MERGER BILL Threa Boston Maine Directors Resign from the New Haven Board. PRATT, LEDYARD. AND OLNEY Authoritatively Stated That New Haven Now Holds Nearly Half of Boston eV Maine Stock. i is IS 1 7-14 34 285. -new 7i 2.

Con. 13S 2. TOO. AS. Smelting.

Stsr of O. 2-1 2.875..N'. Butte Ext. M. 12 8.2i.

ont. Cop. I.0i0..0!d H. Mln Ilh. O.

2S Km. 12. L. Z.3.75 3. Quw-n.

.1 8-16 1.750J Mln'g 2S SM'Hi. 2.210. 1 8,550.. M. of N.

15 400. 3 87.700. 41 tTrethewey HO 2.o. 22 1 10. Copper 23S JO.S.Vt.

3S Mines IS 2.80. Cnrtted Copper. 64 la.oiio. Rico .1.3714 Con. 4HS Columbus.

US End M. DO 100. Kn. pf. li BONDS.

7x. col. 4s. w. 1 06S deh.

5s. .10 paid to. S. 8. scrip S4 7.o.

B. S. 4s. 2CHi 112.500.. Con.

S. 4s, c'. 24S 1.OO0..C. Foundry 4s 70 5.ut..S. Cord.

1st 5s. 37S 87.H1..I P. ennv. 4s. fcuS 2,000..

U. P. conv. 4s. 2i paid 90 tCents per share.

IS 12 5 3S 23 2S 2S 2S 2 93 1 2 5S IHi 12, 3 n-10 54 )K1 21 22 US -t- 5S 2S 1 75 2H Is? 2S 8 75 1H 5S i 13S 4- IS 3s 4-7-14 4: Vi 4- 1 21 4 22 4- 3' -f- IS 1 9-10 4-1-16 43 04 4- IS 4T US 90 IX 10s 65 1 96 lftos 24 24 22 70 37 8S 90 9614 IOO14 24 20S4- 1 24S 4- IS TO 4- 37S 1UV4 b'J! 90 PRODUCE EXCHANGE STOCKS. The transactions reported yesterday in the stock 'department of the Produce Exchange totaled 1.550 shares, distributed among throe mining companies. With opening, hfgh. low, and last prices, they were as follows: Bales. Open.

Hlsh. Low. Lat. 60. Copper ftljOO 4nO fe.OO BOO.

Superior. .25 .25 .15 1.000. Nevada. .25 .25 .23 .25 The bid land asked prices In the principal Issues at the close of trading were as follows: CANADA. tBrtt.

Col.) Closlns; BALTIMORE TRADING. Sfeiat 19 rw tmts. BALTTMXiKE, June 2a. Northern Central fcaTiway shares declined Ik In weak market ts-day. H- B- Brewing 4a were easier, "afca-'toeks, BO shares: bonds, 89,500.

BONDS. High." Low. Last. Traction 5s. l.S 108S Rallwais 85 85 85 Railways 51' 61 Bl -10.

ailed Ra In TwSi B. S. Ilrew Ins 4m.C 52 52'-! STOCKS. Cent, ex dir. T'i 87 W.

-Mercantile Trust ..,..117 llISs 117S COLORADO MINING SHARES. SfrnaJ te 7 Srw Yfh Ttme. COLORADO SPRINGS. June 24 The fellow-lag were the quotations on the local Exchange today; Bit Aske.t.; Bid Asked. 9S 57S So 7 S't'oniand 1 67 'si 75 80 54 53 (Work I5i 4.1 41V 1 nited 7S 97 'Isabella 2 21V 7 Va Bid Dominion Copper.

Ltd B.87S CANADA ONTARIO. Beaver Super." Ltd 26 COLORADO. Fl Paso Portland Gold IDAHO. Snowstorm MEXICO. Greene Gold-Silver Con Mlnee Co.

of America Ran Toy Santa Emilia, NEVADA. Nevada-Utah BULLFROG NEVADA. Gibraltar Mines 80 Tramps Consolidated 57 ELY NEVADA. Nevada Consolidated 12.75 GOLDFIELD NEVADA. Combination Frac 00 INDUSTRIAL SECURITIES.

.84 1.15 3.25 1.S7S 1.37S .40 5 50 Asked. 6.23 .23 .43 1.30 3 50 .15 .83 Acacia K. N. fV. Jackit.

f.i Paso lay C-Ja Dollar: FINANCIAL NOTES. It. a Wetl has withdrawn as special partner r. W. Savin At Co.

The international bank leg hone of La sard. Jee Increased uB Monday by the aauttwsa of a new parcner. Paul Uwrsald. tof, Exchange boose of Waterman. a Co.

wU dissolved on Monday wm'Sf'i1 cas- and a new eoa rtnerahip frsrtyrr1 sr CL 1 Clemoaa, aad Aibrl Mc- TbeCaroerte True Company has Issued a showing rcenurrca and at ss of tkuslsese. This state-ivT forth arcuxinwite otal rsacurcee of JAw.A ft whieh revreeeat. the Exploration N. T. rranaiin alius Pills.

-Washburn Flour Quaker Oats pf Stand. Milling 1st lOS luO lib 94 77 HO is ioi INCORPORATED IN NEW JERSEY. Youngs Skating Rink Company. Atlantic city: capital. Slt0.0k.

Incorporators-Iames W. pearte, John L. Young. Joseph Tbompeon. Land Company ef East Orange N.

capital. Incorporators Frederick E. Ward. Fred Orsby Marios, Ethel S. Reis.

Samuel Rets. Riparian Rights Company. Camden: 'capital. Incorporators G. H.

H. Mather. F. Houselt. John A MscPeak.

Oil bath Lubricator Company. East Orange; capital. IncorporatoreGeorgai Frak-sen. P. R.

Domelsler, Harry N. Inking. Berkowiti Tallurtng Company. Newark: capital. 825.OU0: Incorporators Samuel Loibstnn.

Lee hchioae, Milton Schloaa, Leon M. Berko-wlts. Vacherle Cypress Cempany. Jersey City NEW ENGLAND MILL STOCKS. Special to Tht Nnu York Timt.

BOSTON. June 29. Transactions in manufacturing stocks this week and Quotations: Prev. I Pries. cap- (U.

lDCurooraxor wiuum H. in. John si. Ho) t. F.

L. tied. Consolidated LtghtlaaT Company. Camden: capital. 8I0O.UOO.

Incorporatore Wllitam Maine. Theodore B. Fryer rinfleid Ha id we II. M. P.

Howlett. Camden: Osrital, Incorporators Mi-ha el P. Howlett. John J. Uowlctt.

Archibald tluarda of Columbus Realty Company. Newark; capital. 25.0oO. Incorporators Richard T. Matua.

lctor O. TortorieUe, Ana to Rosa-milia. fnlfn Trust Company. Jersey City: capital. 8500.000.

Incorporator Samuel Ludlow. James U. Hasklng, James P. Hail. JiMeph E- Uomia, Jacob Rtngle, Joseph A- Xsar.

J. Sales. Amoskeag Androscoggin Appleton Mills Blgelow Carpet Boston Belting Duck Chicopee Cocheco Columbian Continental Dwight Everett Great Falls Hamilton Cotton Hamilton Woolen 6 Hill -Jackson 2 Lawrence Lock wood Lowell Bleachery Lyman Mills Mills pf Manchester Mills com Massschusetts Massachusetts Cotton of Ga. Merrimack com Merrimsck pf Monadnock Naurakeag Steam Cotton Mfs. Co Newmarket Mfg.

Co Paciric 2 Pepperell Plymouth Cordage Salmon Falls Mfg ThorndyVe Tremont A Suffolk Waltham Bleach A Dye Wks. Wamsutta Whitman 40 .142 SOS Price. 225 154 131S 142 63 2. Wis 1141 44'. 224 1325 75V 93 205 1U12S 82 1177S 1.12S 103S 167S148V.

712S wt 45 10(10 121 14S3150 94 115 83 142 141 94 94 60 83 BO 10O 82 70 1S62S 28o 810 220 11.1 Kt42S 94 no 123 125' 4 1155 FALL RJVER STOCKS. Special to The S'rw York Timet. PALL RIVER. June 29 Following are this week transactions in cotton stocks: Prev. Asked, tton.

American Linen Co 95 Arkwrlght Mills 95 Barnard Mfg. Co 101 103 Bourne Mills 90 Border CUy Mfg. Co 135 Chace Mills 110 111 Davol Mills 95 OTt, 97 Flint Mills 110 Granite Mills 147 ISO Margraves Mills 85 King Philip Mills 142V, 142V Laurel Lake Mill lit 115 Merchants" Mfg. Co 127 ISO 12H Mechanics- Mills 95 95 Narragansett Mills 122 123 Oaborn Mills 103 106 Pocaset MfK. Co.

112V4 Hlebard Borden Mfg. Co 140 140 Saftamora Mfg. Co 155 lo 140 Seaconnet Mills 75 Shove Mills 47 Stafford Mills 102 103 102s Stevens Mfg. lnl Tecumsch Mills 125 127V4 126 Troy C. A W.

M.trfy 1.025 Union Cotton Mfg. Co 180 tVampanoag Mills 89 88 rV'eetamoe Mills 90 92S GRAIN AND PROVISIONS. WHEAT. Rains in the Spring wheat belt broke the drought and rrloe of wheat yesterday, and the market declined steadily all day except for one or two slight rallies around midday. Heavy deliveries cn July contract are probable to-morrow, which had much to do with dtprcislng the market.

Exporters were said to have taken twenty loads on the break, and at 1 o'clock closing prices in New York were as follows: July. 81.01: September. and December. H.06S- Cash wheat was quoted 98Sc for No. 2 red.

elevator, and I1.01V4 free on board afloat: No. 1 Northern. Duluth, II US. and No. 2 hard Winter, 81.04 free on board afloat.

CtRN. The market opened practically uncharged, and was later depressed by favorable weather conditions, poor cables, small clearances, and rather liberal Interior receipts. The market closed about steady, with 1 o'clock curb prices unchanged from tbe regular elos. No 2 corn was quoted 4c elevator and 42c free on board afloat; No. 2 white.

63c, and No. 2 yellow, 624c free on hoard afloat. FITCHES, NEW YORK PRICES. Friday's Wheat High. Iyw.

Close. Close. July Sl.i2 1.0Ut 11.01 SUMS September l.tes 1.02- l.i)2S l.OB December 1.06 9-16 1.05S L05S 1.07V4 Corn-July 61t4 61i Septembes 42 C2S December 61 61 May 60 61 CHICAGO PRICES. Friday's Wheat High. Low.

Close. Close. July 94 B2S 02 95V September 98VI 94 04 98 December 99 99V $1.01 Corn Julv 5S r.2 B3 6.1 Peptember 53 63 63 December 52 62 62 Oats Jusy VL 41 41 42 September 87 37 87 December 38 88 88 38 ulr 88 82 88 77 T7 8 77 September 9 06 9 02 t.Vi 9 02 Ribs-July 8 8 65 8.57 8,33 September 8.8S 8.80 8 SO 6.77 Pork-July 1612 16.05 16.07 14 06 September ..16.37 16.85 16.35 16.32 THE TREASURY BALANCES. WASHINGTON. June 20.

National banknotes received to-day for redemption. fT35.064: Government receipts from Internal revenue. 81.698.-231: customs. 81- 584 874 mlscellaneoua. expenditures.

82.653.Oia1. The condition of the Treasury at the beginning of business to-day was as follows! RESERVE Gold coin and bullion 8150.000. TRUST FUNDS TO REDEEM OUTSTANDING CERTIFICATES. Gold coin Silver dollars Silver dollars of 1880 Total General fund Deposits la Natlanal banks In Philippine Treasury Awaiting reimbursement Current liabilities 8478.244. R49 73.

777.t 6.9b8.0U) Sl.ltO.One.&'W 182.412. 3,723.351 13.444 111,551.641 Zimmermtnn A. Forehay Lose Bond Sale. The Appellate Division of the Supremo Court has reversed a JuJgment obtained by Zlanmennann A Forahay for $12,837 against Tlmrocrmann. Dahlgrren dc Co.

for dama-jres because of an Alleged breach of contract -for the sale of bonds of the United Railways of San Franciscou Jua-titt iTimham a oolnlon holds that the plaintiffs wers not entitled to demand the delivery of, the bonds at tune speci- KEW HAVEN. June M. Pratt of Brooklyn. Lewie leMyard of New Tork. and Richard Olney of Boa-ton, Directors of the Boston at Maine Railroad, who were recently elected Dl-rectore of the New Tork.

New Haven A Hartford Railroad Company, have resigned from the Directorate of the latter company. Mr. Olney did not technically resign, as he had not qualified. Yesterday he declined to serve. They will undoubtedly remain In the Boston A Maine Director ate, and It Is practically certain that the New Tork.

New Haven Hartford Railroad corporation wtll continue to hold the blocks of stock of the Boston Maine which theee gentlemen represented. The cause of their withdrawal from the New Haven Directorate Is the presumptive passage of the anti-merger law by tbe Massachusetts Legislature and the legislative phaso of the situation In Massachusetts. Inquiry among railroad officers here Indicates a disposition to abide by the terms of the anti-merger law. The railroad authorities believe that with the meeting of the next Massachusetts Legislature, and State political and party influences quiescent, the Legislature and corporations will be able to reach an amicable agreement aa to the merger. It Is now stated authoritatively that within the last week there have been additional acquisitions of Boston Maine stock by the New Haven Company, until the total amount held Is now nearly one-half of the entire outstanding Boston Maine capital stock.

This In Itself assures practically the New Haven control of the Boston Maine Company. The option given by the New Tork. New Haven Hartford Railroad Company to the New York Central Company for the purchase of the New Tork. Ontario A Western Line at the price of $45 pox 1 share and some accrued Interest has been extended for six months. The agreement on trackage rights over the Boston A Albany has been deferred for the same period.

The extension of time In both cases Is due to the complications which have arisen over the merger bill In Massachusetts. The Ontario A Western option was given to Influence the New York Central's assent to the New Haven Company's acquisition of the Boston Maine. Pending the fulfillment of the whole merger, the extensions of the options have followed. One result of the extension la to make the future transfer of the Ontario Western to the New York Central much more likely than hag hitherto been the case. ern minority stockholders In the event that he Central petrrhsma contrwlof the Ontario A Western which Is now held by the Now Haven.

It has not yet been clc'dcd that such an offer will be tnado but It was on of tbe thlnsrs considered connection ittt the extension of tue Ontaric A Western option. Tlrs ct.to! of tho Ontario A Western roe the Nw Hsven In round iurirm $14 Ji to practically adnflu that the rptlos gHen to tho Central provWed f'-r the idirrncf-o of tha stock at the price wlilc the New Haven paid. This, ih-n, would call for the expenditure of by the New York Central and to purchase the remainder of the stock would represent a farther large expenditure. By the extension of the option for a year ft Is thought there will be ample opportunity to raise the necessary funds upon more favorable terms than could be had now. U.

S. STEEL'S BUSINESS. Contract In Buenoa Ayree 1907 Earnings May Be $150,000,000. One of the largest foreign contract for structural steel to be made by the United States Steel Corporation was reported yesterday as baring been placed by the United States Steel Products Export Company, the foreign department of the corporation. The contract calls for material to build two large office buildings and a hotel In Buenos Ayres, totaling about 10.000 tons of structural steeL The buildings will cost the equivalent of With tho closing of the first half of the year speculation is active as to what the closely guarded figures of production and earnings, soon to be announced, will show.

A guess of earnings of for 1907 has ben made by one of those Identified with the company, who was sufficiently sure of his ground to make a wager on his figures as a minimum. Last year the net earnings were nearly A Wall Street ststlstlclan has fiifured out that if the total earnings for 1H07 and 1008 reach the Income will be more than SoOO.OUO for each working day. THE CALABASH Manner In Which the African Gourd Is Grown. Jost at rresent the calabash pipe Is blooming. la many cigar store windows all over town the pipe are exhibited.

It la atd for them that not only aro they a -good smoke." but that they color well. Consul General Jullue O. Lay at Cape Town, reports oa them aa follows: A medium light loam or even a eandy soli I best for the successful growing of the pipe calabash. The? arrowing sessnn will vary with localities from four to five months, and the condition under which It grows may be best described as semi-tropical, and It Is usually found alongside to-ba con, sweet potatoes, and the like. In Wnnlnr ha atalka Of tOO gOUM shrtveL The gourds are then collected! end left till quite mnA m.1rinv tlfnSMl avoid breaking through the skins." PUBLIC K0TXCC3.

KEff TOXK StrPRgMBi COTTRT, NINTH JUDICIAL DISTRICT, WS18TCJIESTER COUNTY. JCENSICO RESERVOIR. siejcUoa ise, 1' NOTICE OP APPLICATION FOR TH APPOINTMENT OF COMMISSIONERS OF APPRAISAL. PUBLIC NOTICE la' hereby given that It is the lntentloa of I tie Corporation Counsel of toe CJly of New York to tnaka to the Supreme Court of the t-taie of New York for the appointment of Commissioners of Appraisal snder Chapter 724 the Lavs of luu5 as erm-uded. fcuch application will be made at a rpecial Term of i Kunraifi.

ivwiri kji4 In end for the Ninth Judicial District. AT THH COLKT HolUK IN THE VIIJUAGal OS on the bare ground In the sun i white plains, westch estkh county. yellow and hard. In polishing i ON SATURDAY. JULT 20TH.

loot, ng the afm eemto bo to I TJ-r42ie! iSSS?" MINING 8T0CK QUOTATIONS. Special is Tht A'rt York Times. BAN FRANCISCO. June 29. The official closing quotations for mining stocks.

to-day and yesterday were aa follows: Alta Alpha Sat. Con. .03 THE UNITED SERVICE. Andes Belcher Best A Bullion Chal. Chollar Confidence.

C. C. A V. .60 Con. Crown Point Gould A C.

Hal A N. Julia .16 .23 .14 .13 .15 .04 50 .13 .14 .43 .07 Frl. .01 .02 .14 .24 .64 .18 .13 .14 .04 .74 .62 .01 .16 .13 .50 .07 at. Frl- 'Justice .01 Ky. Con 10 .07 Mexican .45 .43 occld.

Con. .34 .34 Ophtr 1.73 1.73 .07 Potosl 10 Severe 67 Sag .04 .04 Slerra, NbV. .83 .37 Syndicate. .24 Union Con. .24 .27 Utah Tel.

Jacket. .85 .88 Silver bars. .67 .67 Mexican dollars were unchanged at .52 ft 33. Drafts, sight, unchanged at par. Telegraph, unchanged at .02.

The Exchanges were closed until July 8. Special lo The fSrm York Times. Tho Army. WASHINGTON. June 29.

Capt. H. L. Wig-more. Engineers, relieved from further duty in the offloe of the Chief of Staff.

Capt. A. 8. Brookes, Twenty-ninth Infantry, to Fort Bliss for duty as Quartermaster and In charge of construction work. Chsnses in stations and duties of officers of the Signal Corps: Capt.

G. 8. Gtbbs, to duty with the ermy of Cuban pacification, relieving Capt. W. Mitchell as chief signal officer of that army.

First IJeut. W. H. Smith will relieve First Lieut. G.

E. Kumpe of the command of Company Signal Corps. Fort Leavenworth. Lieut. Kumpe will then proceed to Havana for duty with the army of Cuban pacification; First Lieut.

A. Jeunet, to Havana for duty with the arm of Cuban pacification; Major G. O. Squler, report to the Chief Signal Officer for duty in his office. Capt.

J. R. Lee la assigned to the Twenty-second Infantry. Transfers of field artillery officers: Col. O.

S. Grimes, from the First to the Third; Col. R. D. Potts, from the Third to the Fifth: CoL H.

M. Andrews, from the Fifth to the First. Sat. TONOPAH. Belmont Cash Boy 07 Golden Anch.

.14 Home 04 Jim Butler. .1. Oil McNamara .28 Midway 1.2" Montana ....3.02 North .23 Ohio 23 Tonopah Ext.l.wi West End 88 GOLDFIELD. Adams 11 Atlanta 44 Comb. 3 Dlamondfield.

23 Dixie "4 Gohird C. M.7 02 FTi I Sat. IrVddfd Mln. .1 3.50Jumbo .03 Jumbo Ext. .19 Kendall .05 Ijieuna l.oa Lone Star.

.28 Mav tui-en. 1 2D Red Top 2. 93 Sandstorm 3 23 1.74 .30 1 2' .14 .14 ..3.25 .43 Frl 1.23 8 25 or as soon thereafter as counsel re a be heard. 1 object of such appUcatloa Is to obtain aa roer of the court eppotntine; three disinterested and competent Freeholders, one of whom shall reside In the County of New York, and at kat one of whom shall reside la the county where the real estate hereinafter deeeribed Is situated, to act aa Commissioners of Appraisal under said set and discharge all the duties conferred by the said law and the acts amendatory thereof upon such Commissioners ef Arpraisal. for the purpose ef providing an additional supplv ef pore and wholesome water for the City cf New York.

Ths real estate sought to be taken or affected is situated In the Towa of North Castle, la the County of Westchester aad State of New York. The following Is a brief deeertpttoa of tho real estate sought to be taken, with a reference to the date and place of filing of the map: All those certain piece oT parcels of real estate si tun ted In the Town of North Caatta, County of Wsetchester. and elate of New York, shown on a map entitled Southsra Aqueduct Impart merit, hectlon No. 8. Hoard of Watef Supply of the City of New Tork.

Map of real estate situated In the Town of North Cast la, Ccunty of Westchester and Stste of New Jerk, to be acquired by the City of New ork onder the provisions of Chapter 724 of the Laws of 1W5, aa amended, for the roost ruction of Kensico Reservoir and appur-tinancea south of Kenslro Dam, between the ri ti. it. tiariem ijiviaion. ami 1.63 I Valhalla Avenue." which map waa filed In tbe 4 Pt. Ives 1.1 0 .31 Silver .33 1 MANHATTAN .86 Jump's Jack 63 I BUI.l.FR'iG.

.11 Rullf Min. .14 .44 B.ilira- N. B. .21 3.17 Col Bar 2 22 OriK Bullfg. Oil Steinwny 6.82'Tramp Cons.

.37 .80 1.23 .18 .13 3 23 .41 .94 .030 .16 .21 .07 .56 It van learned yesterday thnt the New York Central interests have under consideration an offer to the Ontario. West- The Navy. Capts. J. Hawley and W.

H. Reeder. retired, with rank of Rear Admiral. Capt. N.

E. Nlles, to command the Hancock. Capt. W. H.

Reeder, to home. Commander D. W. Coffman. to League Island for duty as Inspector of Ordnance In charge of the naval magazine at Fort Miff in.

Commander S. R. M. Hughes and A. W.

Dodd, to the Paelfio Fleet. Lieut. Commander J. C. Leonard, to duty In attendance on course of Instruction at Naval War College.

Lieut. G. T. Pettlnglll, to navy yard. Puget Sound.

Commissioned: Civil Engineer F. H. Cooke. Movements of Naval Vessels. Arrived Glacier, at Cape Cod Bay: Talbot and Manley, at New Tork: Lebanon, at Bradford R.

Wolverine, at Mackinac Island; Yankton, at North River; Ohio. Maino. Minnesota. Indiana, and Iowa, at Hampton Koads; Dolphin, at Bradford. K.

I. Sailed Talbot anrl Manley. from New Tork for Annapolis; Prairie, from Hampton Roads for Savannah. LEAVES WIFE $1. Bill Tied to Will, Which Disposes of $12,000 When Coroner McDonald of the Bronx opened the effects of Martin Weber, who died Euddenly of Rpoplcxy at the house of Mrn.

Mary Jensen, Courtlandt Avenue, the Bronx, yesterday, he was surprised to find a will which cut off the wife of the dead man with a ilollar. The dollar that the wife was to have was a bright new bill, and was pinned to the will. Weber vm 0 vears old and had worked for the Ht-rtloin Silk Mills, at Brook Avenue and 14Mh Street, for several years. According to th people In the house where he boarded, the man's wife. Anna, left him about one year atto to go away with a younger man.

When she told him that Fhe wan going away he offt-red her a dollar bill, which Plio refused. It la said that the bill pinned to the will was tbe very one the old man once offered his uviff Among th effects the Coroner also round a hanKbonk on tne uowery havings Hank and the Dollar Savings Bank of the Bronx, and scvernl life Insurance policies. The CnronT entimati's tho estate at between ami flo.tksl, which is left to the Herman Hospital and the Lebanon Hospital in the Bronx. HONEST ADVERTISING The New York Times endeavors to protect its readers by excluding from its columns all dishonest and illegitimate advertising. To that end it invites the public to the closest scrutiny of all announcements.

Rooms to Let and Boarders Wanted. Advertisements are solicited only from persons of known respectability and trustworthiness. Help Wanted. Each advertisement must bo legitimate and only for the purpose announced. Advertisements to obtain names and addresses for catchpenny and swindling purposes are often disguised as Help Readers of The New York Times will confer a favor by notifying The Times when they discover any advertisement misleading or questionable.

Situations Wanted. The New York Times confines advertisements for situations wanted to the better class of employment persons of experience and intelligence, with good references artisans, mechanics and others who seek positions, and especially high-class domestics. For such advertisers The New York Times sets aside a limited space and permits no overshadowing of small advertisements by larger ones in display type. For such advertiicmenU The New York Time ha a special rate of Ie than half it basic advertising rate. Lost and Found, Boarders Wanted.

Rooms to Let, Help Wanted, Situations Wanted. 1 insertion, 15 cents a line; 3 insertions, 12 cents a line each insertion; 7 insertions, 10 cents a line each insertion. After three insertions The New York Times reserves the fight to discontinue and return payment for unearned insertions if space is required for new advertisers. Advertisements accepted at all Newspaper Advertising Agencies at office rates, Orders received by telephone and bill sent by mail from any person listed in the Telephone Directory. Telephone 1000 Bryant.

TIMES SQUARE. 8 SPRUCE SO BROADWAY. The New York Times -All th News That's Fit to office of the Kesrlster of the County of West- chfster. at While Plains. New Vora.

on th. 22.1 day of April. 1IW7, as Msp No. 1.7U; aad Is bounded and described as follows: Beginning at the northeast comer of Parcel No. 1NU In the westerly aide of road way.

la the northerly line of Parcel No. 11. and run-Ding thence along the said northerly line soulli 16' east, Stl.6 fe-t to a point In the centre Broadway; thence along the centre line i4 raid road ani the easterly line of Parcel N't. 101 the following courses and South 4' 04' east 46..1 feet, south 22' esst 104 feet, south 7 OH' east I4S.1 feet, south A Id esst 84 2 feet, south 12 4S' east 73.4 feet, south 21 JK' esst 104.7 feet, south 27 21' east 45.6 feet and south 20 06 east SO. feet to the northeast corner of Parcel No.

WI: thence along the easterly line of said pare4 Mid still Continuing along the centre of Broadway south 2 u5- east 141.8 fet. south 23 3 esst 27 7 feet, south 22 1J' east fret south 17' 1M' east 73 feet and south east 23.1 feet to a point In tbe northerly line of Parcel No. 11; thenc along the said northerly line north 76 8H' east 33.6 feet to the northwest corner of Parcel No. 166; thence Deng the northerly line of aald parrel north 7i; east 137.4 fet to a point In the westerly line of Parcel No. IHS; thence along the said westerlv line north 26' east 14.S fet, north 24 S.V east 2.YH feet and north 13 air west 3.1 feet to the southwest corner of Pare I No 1H7; thence a ions; the westerly line tf eatd parcel north 13 west 25.2 feet and north 26 xv wist 11.2 fe-t to the southwest corner of 1-srcel No.

16l: we sloes the westerly line of said parcel north 16 west 67 feet, north 21 42' west f6. 1 feet, north west HO 8 feet anl north 11 IT west M3 8 feet 'a tne northwest i-omer of said Parcel No. 166; thnc along the northerly line of same north 60 5P east 1.1 feet to a point In the westerly line of hambers Avenue and the northerly line of Parcel No. ISM: thence along the said northerly line north 6t 67' east 6.4 feet and north 85 ol' east 81.2 feet to the northwest corner of Parcel No. 14 In the easterly Una of Chamb-ra Avenue: thence along the north-erly line of said parcel north HS 01 east 6 feet and north K2 16' east 110S feet to the northwest of Parcel No.

16: thence alone: the line of said parcel north e2 east 5 feet to a point In the southerly line of See Avenue: thence aions; the said line and still continuing slonjr the northerly line of Parcel No l-i. north K2 16 east 1.1 fset snd north 3" 36' east 44.7 feet to a pclnt In the northerly line of Parcel No. 18. in the westerly lln- of tee Avenue; thence elong said northerly line north Ml 36- east 26 3 feet and north 25' east 1 feet to point In the easterly line of said bee Avenue; thence north 2V east 27 feet, partly along th- northerly lines of I'arcels Nob. 1 and 16; sttll continuing alone; the northerly lln.

of Parcel No. 1K6 south 66 lir cast 41.4 feet. north 67 mr eeat 43 9 feet and seuth 81 Ol east 411 fet to the northeant corner of said Ptwcel: thence along the easterly line ef eani4 and the e.o-terly llnea of Parcela Noe. 17 and 1.8 south 03' west 40I feet to a point In the r.i rtherlv line of Tnrcel No. 177 In the eouther-ly line of chamber Avenue; thence along th.

said lines south Ml' 67" east ffl.u feet to the northeast corner of Parcel No. 177 St the sf.uthweet corner of Chambers snd Valhalla Avenues: thence along the westerly line of said Valhalla Avenue and the easterly line, of Psrcels Nos 177 snd 17s on a curve of lies feet radius to the left 117 feet to the norths- corner of Parcel No. 17; thence alone; tho easterly line of ssld parcel -and of Paree! Ny. lxo. and still continuing alr.ns the westerly line of Vslhslla Avenue south X4 55' east 84 feet to the southeast comer of said Parcel No.

-1MV thence along the southerly tine of said parcel eo-Mh SHI 06 west 130 feet to a point lr. the easterly line or Parcel No. 11: thenc. i-ng tho said easterly line south 84 east 166 7 feet to the southeast corner of same; thence alone; tiie southerly line of said parcel south 63 '2' west 141 8 feet to a point In the northerly line of Nethermont Avenue. In the easterly line of Parcel No.

thenc alone the said easterly line south 6 west 136 I fee to the northeae. corner of Psrcel No. 14 In the westerly line of said avenue; thence along the eald westerly line and the easterly line of said parcel, snd. partly along the eaat-erly line of Parcel No. l'fl on a eurve of 27H.S feet radius to th.

right .12. feet and still continuing along the westerly of Nethermont Avenue ano the easterly line of Psrcel No. 1M. end along ths easterly lines of Parcels Nns. 110 161.

1. 129. 31. H.llsndale Avenue south fW' weet 492.S ft to the eouthcast corner of Psrcel 1.12: tt-nee along tne eoutherly line of Bant parcel euitth 7 IP esst 141.8 feet to the northeast corner of Parcel No 121; thence along the easterlv line of aald parcel eouth II 14 weet 262 8 feet and south 8 -VST west 64-12 feet te the southeast corner of said parcel: thsn, aknc the south-ely: line of sum south 62 47 est feet to the southeast corner of Parcel No 12(1 In the easterly line of before mentioned Hr.Ulway: thence a lor.g the sh.r1 dne of ss'd parcel south 62 4P west 41.2 fee tj tbe wmthwest corner of said parcel; thene. alone the westerly line of same end th.

weet. riv line of Broadway the folldwlns courses and North 22 tW wert 106 6 feet, north 32 iV weet 1114 feet, north 22 62 west feet, north 12 82" west fjet, north ,1 ft-2" west 74 feet, north (r iff east 226 feet. 4' 16 east 270 feet to Hn lj the southerly line of httlN; a8, alone the said line north 67 83 wee 'feet to the southwest corner of said parcel, thenc. "wiT.WroaT- or oareVl NoT 191; thenc along IVest I'll fet. south SO 2J weet 218.2 ft ind (' IV vest 61.5 f-et to th.

southeast ToAer of Parcel No. 11 In K.l Ave-thence alone the lln. of eald Parcel w'STh 72 OB ta I feet to a point la imitherlv Hoe of said parrat nortn 1 weet. 1 2 feet to the th w- ournsr of parcel KKS. running said property lln.

snd the wIterlv line of said FarcerNo. 14 snd Par-TJll i i. fid 102 on a curve of 1.S43 1 feet 7,.. tn the left 241. feet to a.

point la the l. line of before mentioned parrel Pie. lrii- thence alone the eald line and still eon- tlnvilng aions tbe before inenUoned easterly railroad property line on a curve of 1 944.1 feet Sdlus to the left ft feet to a point lo th. IT' ir 0f Brons Klver: tbetkee the centre of said river and still continuing along the aald easterly railroad property line, and along th. line between the Towns North Castle arid Mount Pleasant south east 116 and south KT ST east TO 4 feat thene.

still cxmtlnulDg slong the ewnire ef eald river Ind said town ll the following eourwee etvl 5i.taii: pouth 82 62 e.t loJ feet, north loath TT10y east 451 feet, north hd 87 east MLS feSt. north 71 13 eaet 55 feet, north 2S IV east 62 4 feet, north Bo eaet III lorth 64 east 65 8 fee and north 43 IS aatst 9 fet th. southwest corner of Par-cel No I': thence aloog the westerly lino ef iaU north 43 l.V east 11.8 feet sad -north 2" 42.8 fee It th. southwee corner of Parcel No. IX: theses along th.

wesierlv line of said parcel and stilt continuing along the centre of aald Brons Klver aad said "own line north l-" 24 eaet Sl.l feet te th. northwest mrrw of aald parcel: thene. along the northerrr line ef earn, south Sd is aavst lgf fee the point or plaee ef 1nnla. Th. fee is to be acquired by The City of New Tork In all real estate coota4e4 la the above description.

Reference Is kereby made tbe said man. filed aa foresaid. In thd off te. ef tbe Resist of the County of Weeteheetejr. for a move de tailed dewerlntton of the real estate to be taken.

Included within the foregoing deacriptioe. aat how a oa ths map filed as alureaatd ka oertaia real estate now devoted to highway purposes, which said real estat. Is to be acquired la fee by The City ef New Tork. ss shown oa sel4 goag included wtthlv the piuk Hare. There ts also shown on the said snao filed as aforesaid other real estat.

to be acq aired in bv Th. Cttv of New lorK. which It la pre usd to aot-stltate la place of the alsku i to be arctured la fe. as th. perpetual use as such reai aetata to be acquired for tb.

new highways te to be allowed the public tl-Kb eew roads er highway, re-t VZLJ tw this BOtiea are atu. -17m "tted Jtrne 8. 1907. WIlxXaM n. TXLISOX.

Corporauoa couaaat Coin aad Pes Cfflo. Addrwea. BaU of Dm. rda. COnaer ef Chambers and Centre treats, jsaraugk aC Insnhaitaty iiew Xara CJJ.

it i I 0.