The New York Times from New York, New York • Page 15

5 THE NEW YORK 03MES. SAUBDAY, FEBBHABY. 17 10ia id I Cent: KEW YORK STOCK EXCHANGE Friday, Feb. 1 6, 1912. Tut hIh refc.

ie, J. 1... rr sasse ww "VTL 1S 1 1H JLCVi 91, 100 3 14.W0 1 CO 400 230 7.V) aoo 600 wo B.NiO no too l.V) 1.000 10 1 213 410 W5 I) 100 loo 500 3.40 JOO 1.0UO 100 100 ImO 100. 900 100 1,800 100 200 8,300 900 100 100 (V) 3.V 4,200 821 100 1O0 700 aoo 100 100 2O0 L-O0 1,000 4J Allle-Chalmere Allls-Chalmers rf Amalgamate A m. AcrtcuL Chero Am.

Agi-lcul Cbem.pt.. Am. Beet Am. Am. Can pf.

Am. Cotton OH Am. Hide 4k Leather. Am. IxcomoUve.

Am, Malt pf I Am. BmelL A Ref Am. Burar Am. Tel. A Tel Am, Tobacco Am.

Tobacco pf Am. Tobacco pf. Am. Tobacco pf. tr.

Anaconda Copper aaaeia itemization. Top. 8. Top. A 8.

F. pf Atlantic Coast Baldwin Loco. Baltimore A Bank of Bethlehem Steel Bethlehem Steel pf. Brooklyn Rapid Tran Brooklyn Union Canadian Pacific Central Leather Chesapeake A Ohio. Mil.

St. Chl St. M. Chi. Un.

Tr. t. r. ChL Un. Tr.

pt Lr.sta. Chlno Copper Colorado Fuel A Iron-Col. A South. 1st Comstock Tunnel Corn Products Corn Products Ref.pf. Delaware A Hudson.

Lack. A West. Den. Rio Grande pf. Uet.

A Mackinac Distillers' Duluth, 8. 8. A Duluth, S. a A. pf.

Krle F.rle 1st pf General General Chemical Klectrlc. General Motors pf. Goldfleld Conaol Great Northern pf. Gt. N.

certs, ore prop. Illinois Central v. tr. cfs. pf Int.

Harvester Harvester pf. Kansas City wanna Laclede Gaa Lehigh Valley Liggett Myers. lOOILlKKett Myers louisvllle A Coo Mackay Cos 200 Mackay Cos. pf 2) Mercantile Marine pf 8JO Miami Copper 100 Minn. A St.

475 St. P. S. a M. 8on Kansas A Texas1 1,300 Missouri Pacific 100 Nat Enam.

A 8. pt. 700 Nat. Lead Co 450 Nev. Consol.

Copper. 1,100 New York ISO N. Ont. West I.0110 Norfolk 1.200 North American 3,400 Northern Pacific 0 Ontario Mining 20 Pacific Mall 200 Taclflc Tel. loi) Pacific Tel.vA Tel.

pf 653 Pennsylvania R. 250 People's Gas, 1,700 Philadelphia Go lino P. Ixrillard 100 P. Lorlllard pf 2,100 C. St.

Louis-100 C. A St. I pt 10 Pittsburgh Coal oOO Pittsburgh Coal 2.V) Pullman Company 3,610 Ray Consol. 49,800 Reading KO Reading 1st pf 700 Rep. Iron 1,000 Rep.

Iron Steel pf. 700 Rock Island Co 200 Rock Island Co. loo 8t 8. F. lstpf.

800 tit. S. F. 2d pf 200 st. Southwesfn pf 100 Pears, Roebuck A Co.

200 61os-Shef. 8. A Iron- 1,700 Soilthem Pacific Southern R'way ext. 316 South. R'way ext.

2.SO0 Tennessee Copper 10O Texas Co 300 Texaa A Pacific 700 Third Avenue, w. 1... li St. I 100 St. L.

W. 100 Twin City R. Transit. 100 Underw'd Typewriter. 200 Union Bag 47.300 Union 100 United Dry Goods 400 United Rys.

Inv 700 United Rys. Inv. U. S. Cast Iron Pipe.

0 U. a Rubber 78, 4O0 I U. 8. Steel n0 U. 8.

Steel Pf 10.100 Utah Copper 400 Chemical ion Chem. pf -430 Vulcan Detlnning 400 Wabash Wabash pf 300 Western Maryland 000 Western Union 400 Westlnghouse E. A 65 wit! 42 72 ll9-, 14034 A3 105 103 105 33 104 104 l.VJ 103 102 65 1 231 1SH 7l2 1104 a 4 25-Z 7ii IS -JOH 77V4 172 60O 41H 105 81 51 13V llo4 i 75 4 i 130' 88 13S' 6t i 100 I HIH4 30 107 157 177 JOS i 153 81 13UC -i 89T4 3 o34I 18T4 i 1102 1 86 I lOHtJ 78 u5 IZPi I 105a; i 109 173 i 112 104S4 us 77fci 159 16-4 157a 91 1-4 HJirh. I Ixw 5 103 11 '48S 3'4 U8T4 140-I Ml 104 1042 ion 103 104 136 103 102 194- 29, 78 139 23S 1H2 106 119V4 26 SO 106T4 175 108 152'4 66 E4--4 63 70 UttfC1i. 102'i 14I 129 37 185 17 66 106 HfV4 26 30 106T4 1 108 152'i 82 9 21 234 25 182 26 i zw i3V4 63 18 1165 31 47 99 123- 105 110 174 112 38 159 1 150 1 20 73 2-u 49 65 i-88 70 149 40 107 27 73 6 fit 106 104 163 97 65 13 45 69 106 66 64I 119 25 7 19 67 83Jt 70 ss.ovo 3.000.

ts Be Pe 1st ref es Ua Kr. loe 6a, Pee eear 1.000. ftl A Tmn Ba mLi it t.Durrn 1 1 -v ...4. MHkf 10.000 4 l.ww... iri 4.0U0..........1CU SO, OOO 81.000.....

IDS Va-Car Ch 1st es 5.000 ..100 Wabaah 1st 6a 2.000 10TH Wabash a rat zt 4a CO.eno 64U 10,000.. 64 rx .108 1V.00O (S.00O-. 000. 80 Sa Fraa iTennl 4m (. i i.ocmi y.

ti 10.000 k. Sl 09 nr ist as 8.0U0.. Ee -Rv sea 4s 1 1 28.0fiO L. TB 1H.0OO 79 A eol 4a I. OOO.

BT14 4.O0O 87 .000.. Tar 1st lOJTj oai. I JBlrm Jiy ee i 1 1.000 TeX Ok 1st sa 6.000 t.106 XDira at eon 4s, Tr Ce etfs. stpd s.ew ref 4n. I I dj M.

I I ,000 I 6,000 11.000 e.000 sa Cent Trast etfs 1.000..... 1.000 88 8W4 Wests Electric Es 2.000 wm in toon at I real estate 4" 85HI 100 I l.ono....... .104 L. 7'i! 100 Tel col tr 6s 76 1 4.000 103 Tot gt West Shore 4s 1.000 03' 1.000 Union Pae 1st 4s i 6.000 ,..100 M.WO ..108 LtHM KSIirOS 01 Ban Fran 4s Wheeling A Erie 1st con 4s 8.OO0 4.... SS Wis Cent gen 4s 1.000 S3 BID AND A8KED QUOTATIONS Closing quotations for Gererameat bonds: BicLAsked.

2a. r. 1 Pan 9m. 2s. 1930..

100 100 1039 100 8, r. 1918.. 102 Pan Mm, r. 3s. c.

118..1024 1961 ......101 KS 4a, 125.. 113 118 Pan Sa. o. 4s. 1925..

1U 114 lMl 101 101 rn zs. 1 1 -1936 100 I dosing quotations for stocks la whlek there were no transactions: 99 4 184 i ilH Ntt Ills of. llftVs) ex dir. ...126 lis'st 1114 223 21 21 I Ssl i -1 lit i III a 5 11 per share. BONDS ON STOCK EXCHANGE.

Total sales Fen. 16, 1912........ rem Jan. 1. 1MB 11H2f fJE! Kaate period last year 1 JO.061,000 WVOtv 441; tier xaa.

Zd Sertes UOO. 82 I ntr 4a ix ioou: WW 100 tooo looy ntr 4Ws tl.M 102 2d 6s 1.000 100 Cent Leather Cs 6,000 1.000 MVs Ches A fund 6s 6.000 103 convertible 4s 8,000 OS A ZHv 1st eon 4a 1.000 gen 4s 4.000.......... Joint 4s 8.000.... 9TH l.OOO 9T44 67V Chi East HI rst Imp 4s 8.000... Cht Gt Wettn 4s 20.0O0 BZYk Chi sen 4s 84.

OOO 9 deb 8s. 1921 4,000 104 C. I A tn 4i AAA UU Cht Rock Isl A I ref 4a 18.000 M4 LOOO 00 C. I 4s 12,000 71 4.000 T3 10.000. 71 JV Ind sen 6a I AAA 120iClev.

Cln. Chi 8 L. sn 4s 10.000 62 St L. tHv 4a 4.000 Col PM It gen Be 8. ooo iwt Col Souths ref ext 4a 1.000 tT Consol Tobacco 4a 2.000 WOH Del cod 4s 2.000 08 lien equip 4H Ann imu Rk Gr 1st ret 6s ooo so 2O0A0 89' "Hi 10.000 80 18,000 86 imp go 10.000 18 Dtst Beenr Cbr 6s a.nno..........

Tint 000 Dul A Iron Be io Do do Pow 4H 2.000 2 Express 4s 1 i Ji-Oiklmers 6s .) BTH l.S. PI'S OS i Cetton OU 6s li.000 95 I HM ILii .000 90 ir occur OS J.000 T6 MMlt Btcur OS 103 .108 1000 103 eol 4a T0 tltf irtlb! 4s I 8.000 110! M00 nWeiei ee Tobaoco 4s 11(100 i 4000 KM wnt Paper 6s 89I 1 ATA i (ta 4s 99V aeon oovj w.W. oo. 06Hj 06 i 100 r.s. 1940 loi Bwmes 80 twin I lit li 2-000 "0 isne cony es.

Bancs AAA ail. Kne, rena, ee ir 05; o' ir'nlVil' 99 we 90 iSS- EN to 90U Kv-v. oow xTi.e Waat Am a. I wau os t'. 04 i eonT nul it.

Ch m. l5' 4TH gea es A AAA MA. 4 4s Juv. Reck let 10.000.... xosic Ho, Wn Tex gta ee 2.000.....

tU IU Cent 4S. 1993 l.W.......n.IOD I JL 3se 6a lntr.Mt a )3 Int. Rap Tr Bs 10.000 1W I B.OOOslSf 104 Int Nav fis 21,000... 60 InUr Paper 2.000... 103 Int 8t Pump 6s Lvoo vow Iowa Cent 1st 6s L0O0 101 tewa Cent rof 4s 1 1.000 68 i 1.000 04 Man 24 6s t.

4.000 08 KS Ft 8 4t 4a tl.000 Mtt 8,000... 1,000.. 80 Kan City go 6s 4 5,000 100 Ay lr stoei Ba. 1923 8.000. 08 lAcl Gas Light OX Bt T.

lit ll LOOO 102 LB A I 2,000. 04 lo.ooo 24.000 03 Lr A Wn 24 Ba 5 B.000 104 XJgg A Uj-ers 7s. i tmp Donas 1 8.000 i 8.000 4.O0O LOOO I Ligg Myers 6s. i tmmn TSonds 7.000 04 87.000 04 Lens isl gea 4s Tl.000 04 Levis unit 4a 7.000... 00 Mer Marine eol tr aUa i laooo ot Met 6t gen Be.

xr i Co etfs 3 1.000... 100 Met Bt Ry adj thtg deh 4s, 1954 6,000 03 8 col 3s l.OOOatff.. 83 NT Erie 4th ext Be 8,000 NT, NHiHct dab 6s 2.000 182V ret 4s 7,000 BS Norf A eon 4s 8,000 ..121 ..120 ..121 ..120 ..121 7S Met Bt Ry ref ea. i when issued 1.000 fAfA- Oaa. Sabi Am I.

Wniurt ee M.KTet 4s 1.000 00 MePaclstes 2.000 8S Norf coo 4s lO.ooo 24.000 Norf Wn, Pocah ft 4t 1,000... 03 North Pao 4s 1.000 ....100 1.000 ....100 North Pae 8s i 1, QUO. TO Ore RAN con es 2.800 flfitt Ore 8 i 1st 6s so.ooo Ore 1j gta raj? 4a 20.000 MM Ores-Wash 4k ist ret 4s B.000 Pae Tel A 8a 0.000 ..,.100 11.000 89ft renn cv ae, 1910 10.9OO. Phlla Co conr Bs 20.000 ....108 P. Lorlllard Co 7s.

temp bonds 1.000 w.I22 LOOO B.000 121 8.000 ....121 8,000 122 600 ....122 P. Lorlllard Co Bar temp bonds J00O 86 6,008.... 85 6.000 fiXZ Pocah Con CoUer sink fund 6s a. aoo WlffZp a Bs U.WO.,, Isauinr gaa. es 'a AAA i B-t i A'i'g'ljs.

1 Ort. lOTV' 1940 s.ooo..; 107 11 4.000... 107V.8 lir Mt A ie 1VI-! S'll OS -107- I Me Pae 4a Za Ir Mt A Be. 6,000... jse.

rarer os 8.000... 74 18.000 B.000..... ...100 St 4 I Vr s. A. BL.

I AAA Seat! AAA i Mat prior ilea es 4.00O. wot sa i gen oe i 9.000.. Bt It a 1st it 8.000. ii ooo MatR of Msg 82 S3 4.000.......... TO If O.

Mob A 6s i 04 ST Cent gea 1 l.ono.... i 8T 4 88 I j' 83 8,000.....,.. 88 8.00O...,.m... 8.000....A.... 92 02 2d Ine 4s) 2,000..,...,...

8J eoa 4s 81 Bt pae 8a Seab A I adj Is. 10,008 o. A.OO0....AA.... 79 Nst Nat Df. ez aiv.

loe Nat Rys of If lat 85a 10W Nat Rts of 81 2d 82 zs 60 88 T. A Bt L. 84 KT.C4K 1st Pf VTU NT, Ql 8t 2d 84 20 Df. 40 80 jN T. 27! ft 137 8c Jj B7 103 135 107 i 29 80 85 90 49 89 Norf eo 48 4k 91 Pabst of.108 Pac 90 1st 88 1 2d 90 Peo A 11 6 iPere 1B0 IP 2d 80 Phelpe-D' (.

205 71 87 870 122 20 Ft A 164 Pitts St pf, ex div 100 P. A A pf 180 iPr 8t nf.ioo 85Pub 8 Cor. 10H BldJLsked. Adams Exp.196 208 4 1 Alie A 8 97 A 8 F. pf.

132 Am A F. AO A 4 pf.114 a to i A 98 Am .215 A at pf 20 I Ami I 6ec. 20W Am. Linseed 9 Am Lin pt. 28 Am Locom cf.

104 Df Am Malt.M 7 9 TAB A pf. SOt A 8c pf-103 Am 6auff.J8l Am 8n Am an pt. new 101 jn Bt Fd. 27 VI A 8 118 AT 70 Am vv oolen Am' A Pa Df. 29 Ann 20 Ana A 60 Asaoo OIL A 88 I Batopllas 1 Brims 8r4 100 108 B.R A pf.l-'O But'k 20 Canada 67 Cent 80 Of 3 850 A A T.120 Chi A 17 4b A 8S 1 Chi Gt 17 85 C.

1 pf 60 8c St of 144 1 as 141 4V NW pM90 SOO Bt P. M. 8c Om C. C. Jk St L.

63 C. St 9S Clexe P.165 I pf Cot 4.1 8 2d pf 05 70 Cons 1TO Crez Carpet. iO Cub-Am C-Am 8 pf 04 20 A Ft 6 Ft Pt 23 Det Ed i Det Det TJn Ry. 63 Du Pew 90 Erie 2d 41 i A pf. A 8..

11 8 pf 8R Gen 0 8 Tel.ll5 Qranbv Con. i G.W. lialme I pf. 108 Hock OS I Inger-R 87 Int 10 Int Int St 28 I 1 8 79 I Iowa 11 Iowa C. 23 i CFt 8 A Mem 78 I Kan pf 62 I Mpf 40 LEA 12 pf 82 Lake Shore.460 Long Island.

44 MU (J It. Man Bier. .185 13' Mar Tro B. 71Vi St Df.111-4 112 Mer Marine. 4 4 Mich ISO 190 BtL pf 43 B3 M.

St 4V 8 14SH BltLAsked. K. Bt as SMIL. Kan Texaa 68 84a Mot 178 N.C 4 Bt 1160 170 Nat Bis 143 140 120 14 108 07 83 68 66 63 148 180 88 07H li 45 138 76 48 92 HO 9H 103. 105 80 88 108 81 lot 1074 I 9C 8 Q'ksirr 84 Ry St 27 Ry St pf-102 Rdg 2d 98 Rons A 8.184 R.

A C.123 Rutland pf-. St 28 8t ft F. 4t I etfs 123 St ft F. A I new 69 SI fi F. 8 I A I 45 I pf 108 111 Vi st 8 w.

81 20HpAsrs.R 11 S-8 8 pf 90 I So 81 Is PR pf.107 118 Rv. A Onto iw Stand 18 Stand pf. 68 89 41 Third Av. psld 63 10 IT. 1 IS IT U.

2 ewT pr.14" 63 93 79 27 200 BT 82 IWH 108 115 89 18 93 B8 'RV4 74' 83 TJnd 1124. 112 In rf 40' 0 fJn Par pf. 92 114 110 87 61 110 108 170 XJ Clg pf.10 Un DOBt. 100 8 Pf ITT TBxp. 90 XT 8 I Al.e.

27 TJ 8 I A pt. 98 Tt a It ffillRAS 1 N'U 4t SO pf 80 a 1st 13 pf lof 110 ITT 2d pr T4 Va I. 4V 80 ft P. 44 81 98 80 99 8 12 63 4 9 50 14 rv ft Df. Vul Det pf.

BO Weyms n-B 1T6 .84 fwerm-R pf.ioe iweat ho pr 771 i weatincn ae Bio 60 137 73 8 88 14T 19 114 80 1st Tf 118 Jl ft B. 4 8 rW ft Ij 1st pf IB ft 2d pf tWls Cent. 48 62 GAIN IN STATE REVENUES. Balance Sheet for January Some Items Exceeding Amounte for Year Previous. The balance sheet of New Tork State for Jan.

81 shows an apparent increase In1 State revenues this fiscal Tear, as compared with last. The State's business year begins on Oct. The, balance sheet showed In receipts from various sources since that date, as against 836,891,444.79 for the full year that ended then. Though some of the receipts come Into the Btate'e Treasury in large amounts early in the fiscal year, the returns so far upon some of them already exceed those of the previous full year. The comparative) receipts are as follows: Four Mm.

Full Tear of mi-i. Excise taxes Prmnmfrm (InWIf 9 RJt ilX sWl Stock transf. (stamp tax). 942.992 Mortsares 793.045 Motor vehicles 222.0ne Corporations 2.842.729 Orranlsatlon ef eorpor'ns 124.4M Secured debt tax T99.40O Otbar rorenoe 1.2&2.253 of 1910-11. 97.832.498 8.152.198 8.499,811 1,787,21 878,799 t.781.748 837.281 8.42LB06 THE OUTSIDE SECURITIES.

Trading Light and Price Mevemente Narrow. Few of the Curb Issues showed tnueh activity yesterday, and pries movements, too, were narrow. BrlUsh-Ainertcao Tobacco sold off from 20 to 10 en traasao Uona of 0.000. Tradlna- In the mlnln list was onsually narrow. Butts Coalition, however, developed considerable activity, and rose from 224 to 23 on sales of Trading; In the bond list was well diversified.

Transactions reported yesterday In the outside market, with openlnr. high. low. and last prices, were as follows: ZNDCSTRIALS. Saloa.

Open. HIsh. Lew. Xsst. 1,200..

Allied See. Co. el 8a SO B8 3. Coal Prod. i w.

1 107 107 107 107 9,000.. Brit. Am. 20 20 19 19tt Foil Co.285 2M) 2tto 2N0 100.. lnu Rob.

16 13 15 13 60. I. case pf. and Int. 100 100 100 100 j.j.

Daaery piwt tma 1 fl tucan-A. Tobacco 233 233 216. J. Reynolds. 202 202 45..

M. Rumely Ce. 99 100 62 68 825. Cirr 8.188 188 W. Wool- 79 78 79 460..

F. W. Wool-' worth w.U0O 100 UOO 100 RAILROAD. 10.. Am.

ti. 'A 800 298 800 MINING STOCKS. a 228 200 in 184 9H 1 228 200 100 61 184 82 48 12 81 47 6 22-4 11 2: 80 T-16 2U eo 83 47 23 no uxv i id-19 ui9 a jut- ia i 2 2 2 2H i Co. 7V 7 7 7U 1-18 1 l-ll 1 1-18 1 1-16 Porco, 81 600.. 'Beaver 47 630.

Copper. fi 8.000.. Butte Coalition. 22 1.000.. Dian'd rieUO.

11 820.. Ely Con. 7-14 Nat. 2 800.. Florence 60 1.600..

Gtroux .4 7-14 4 4 7-16 4 7-18 400. 8 8 8 8 6.000. 17 8 1 7 8 1,100.. Insplr. 18 18 18 18 1.200.

rta.5-l 6-16 6-10 100.. La R. Con.8 13-16 8 13-18 8 18-18 3 13-ltJ 13-18 1 13-10 1 13-1 1 13-16 mils A. aw, ip. jauies 100..

Ohio Copper, 400.. Pore. Ctnt 8'4 1,100.. Pora. 1 2,000..

Pres. Ed Dome. 1 800. Central 2 226.. S1U Kins Con.1 8-16 100.

Minlns 71. 10,000.. eWettl. SU. M.

75 z.ouo..zuon a. Mln. SH BONDS. 820, 000.. Bin cham ft O.

K. k. 28.000. El. 88 25,000..

In. Har. ft p. notes .101 80,000.. Inspire.

Cons. conr. 6s 104 26,000. VaUey 6s.l25 75.080.. Sparta ft N'west.

4s. 94 88,000.. N. West, ft Boston 99U 185,000.. Norf.

ft West. con. 4e 10HH 10.000.. P. O.

ft Si. 5s. 9VA 8,000.. Ray Con. 109 10.000..

R. Isl. deb. Be. 97 23.000..

So. BeU Tel. ft Tel. Bs W4 8 8 8 16-18 15-16 16-16 1 1 1H 7 8 8 2 3 2 1 18-16 18-16 Tr 78th 8 8 8 114' 114 114 9S 9Vs 98 101 101 101 104 103 103 125 .123 125 94ii 99 107 92 100 97 94 94U 99 99 106 92 109 97 107 92-2 109 97V. 4)9 89 99 Total ....817,828.878 $88,891,444 The approprlatlonB In force, less lapses, amount to $44,823,631, airalnst 862,064,243 last year.

The total amount expended on canal construction to date Is $61,041,287: on Oct. 1 $40,383,742 had been, spent on the canal Improvement. WHEN ISSUED RULE ON CURB No Tradlngj Allowed In Municipal Bonds Before Authorization. The XJstlas Commltteo of the Curb has made a rullnv prohibiting "trading- ta or quoting when Issued eoatraots for State, municipal. Government, or count bonds before they have been authorised.

The ruling Is the result of a flurry ta city bonds a week or so ago, when the mere suggestion that eome tnorw ebllge tlona of the city were to bs put out was made the basis of trading on the Curb. The bonds had sot been authorised, and It was not even known what rat of 1 interest they would bear. The price made was below the ruling level of the existing city 4s. and that issus made a small coincident decline. The committee sJso announced.

these listings: mnn The Kolb Bakery Oompany n0.O0D.O0O TBreterred stock. Far value Is $100. F. W. Woolworth 4e $50,000,009 mm.

noa and $15,000,000 preferred stocks, beta par, value lioa Syndicate Wants Seranton UtmUee. BCRAKTON. Perm, Feb. 1ft, Heports ars current hers that a syndicate beaded by Congressman W. W.

Orleet of X-u-caster and P. B. 6haw of Wllllamsport are negotlatlna with W. ficrantoa for the purchase of the Seranton Gas and Water Company. Fourteen million dollars Is said to be the pries asked by thei eom mhv Tka AAmnAnv TnAa mononollea on pthntlllUes, and Its franchises are pex-j ransjjams those 1 SeTla cents Der ahmre.

lota. Note In resterdsy's sales of J. Case pf. should read Feb. 15.

Feb. 14. Bid. Asked. Bid.

Asked. O. ft W. I 8 9 8 G. ft W.

I. pf 18 20 185 Am. Llsht ft 298 802 SCO 805 Am. Light ft Tree 107 105 Am. Wrttins 3 2 Borden's Cond.

128 129 128 Borden's Cond. Milk pf.109 110 109 Brsden Copper 8 British Col. 4 44 4 Butte Coalition 22 22 21' Con. Rubber Tire run Hnhvr Tire R7 89 87 F. W.

78 7S 78 F. W. Woolworth First Nat. 2 Glrouz Mlnlns 1 4 Or-Aene Cajisnea. 714 Oiinmhulm 181 Int.

Rubber etfs. 15 15 Kayser 83 64 J. KaTser pf 10.1 104 Kerr Lake 2 8 LehlK-h V. 8. Co 188 189 TtumelT w.

99 10O 12 li1 ..120 130 ,.7 7 2 21-18 82 B3 ..100 100 100 109 2 1 4H 4 7-16 84 7T 107 2 132 111 5 22 89 79 104 12 180 irvw 104 3 188 Mason Valley. Mason Valley 6s. Nlpisslns Rsy Central Studebaker Studebaker Co. pf. Tnnorvah Mlnlnr.

United Cirars 82 t'nited Clsar 184 XT. H. 4k U. S. 1 ft new.

pf. 80 Western Paclflo 83 Tukoa Gold 8 84 185 14 84 90 8 7-16 175 88 108 184 90 100 11 13 120 128 61 52H 101 10.1 7 7 niu rv4 187 188 IS 14 80 84 88 90 8 8 7-11 295 ISO ISO 725 130 750 80 90 243 225 140 no 35 225 fK) I 210 BOO 212 BIO 156 150 STANDARD OIL ISSUES. Capital. Company. Bid.

Asked. 15.000.000. 10 11 6,000,000. Refining 285 .00.000. 125 10,000.000.

Pipe Une 120 BOO.OOO. T5 250. 000.. Colonial Oil. '00 300.000.

OH 700 8. ooo, 000.. Crescent Pipe Line 56 1,000,000.. Curaberlsnd Pipe Line. 80 6,000,000.

Pipe Line 233 8.000.000. Signal Oil 2J0 2,000.000. Signal Oil 6.00O.00O.. Indiana Pipe 85 12, 727.675.. National Transit 33 5, 000,000..

New Tork ....215 4.000,000. Pipe Line 80 t0.000.000..Ohlo 83 10.000.000.. Prairie Oil ft 0S. .208 500,000. 400 10,000,000..

Southern Pipe Line. 195 2.500.000.. South Penn. Oil. 50O 8.600.000..

S. W. Penn. Pipe Line. .145 aaa Ann si.nii.nl Oil fCa.1.

148 J. AriA l.OOO.ooo. -n i Vna.i,..,jv 1.000.000.. Standard Oil 150 1.000.000.. Standsrd Oil (Ky.

150 170 1.000, 000.. Standard Oil ...225 275 98,383.000,. Standard XM1 (N. 360 865 Oil 420 15 000,000.. Standard Oil (N.

840 8, 500.000. Standard Oil (Ohio). 140 155 100,000.. Swan ft Finch. 800 LOOO 12,000,000.

Tank 57 80 2.500,000. Oil ..600 61 110,000. lO 18 00,000. lOO AMERICAN TOBACCO ISSUES. This list comprises those tobacco stocks not lilted on the Stock ExcBinre: Feb.

18. Feb. 15. Bid. Asked.

Bid. Asked. British-American 0 20 Conley Foil 270 275 zat zo Johnson Tinfoil ft Mst140 145 137 140 J. S. 188 170 175 MaeAnarews at jroroea.

jij ii f' Porte .225 85,8 R. J. Reynolds sow United dgar 6 184 1ST 164 189 HILL'S IDEA OF RAILS. Matters Not So Much, He Says, ef What They're Made ae Hew They're Made. It was mads clear yesterday In the dis cussion following the conference between railroad men and steel manufacturers over the problem of Improving the quality, of steel rails that the former win not take kindly to the suggestloa that ths mills ba allowed to make a 135-pound rail with less carbon In Its composition.

Borne of ths leading steelmen, among them Presi dent Farrell of ths 'United States Steel Corporation, have said that a heavier and softer rail would obviate most of the accidents due to broken rails. James J. inil. Chairman of ths Great Northern, who has probably bought more rails for the several large roads endsr his oontrol than any other one man, said yesterday oa his return from the Congrss-lonsi bearing at Washington that what Is most needed for better raTIs Is net a ebange in their eat greater ears ta their manofsjotur. Most rods torn out too largo a number ef rails In a given time," ha said.

Wo are stlH using some Krupp rails made In Germany twenty two years ago, and they are In better condition than many American rails bought In recent years." The President of -one ef the largest Northwestern lines said that the experl-nea of his company led him to believe that aoddenta would occur Just aa tre-anentlr If the road were relald ertth heavier rails. Hs said that a record which baa been Kept oi tne raus wmcn nave proven ceieouve snows mat cases of breakage are just as common among heavier rails aa among lighter ones. He thought that a new type containing chrome nickel, new being tried eat- mla-ht prove more successful AAOtaer wwirro -resiaenx saua yester dav that be had become convinced that too great haste in turning out rails was responsible for most breakages. Our reeoeaa snow rnosx ox our nrcken usee oougnt a iwo i $1,350,000 MONTREAL TRAMWAYS AND POWER CO. Six Per Cent.

Three Year Collateral Gold Notes. DUE JANUARY 1, 1918. DATED JANUARY 1. 1912. AUTHORIZED $1,350,000.

ALL OUTSTANDING. 4 Interest Payable January 1st and July 1st. Coupon Notes In deromination of $1,000. i Principal and interest payable in Montreal anJ New York, ta United States Gold Cob. i Secured as to principal and interest by deposit of $1,800,000.

-Paw-isn Liht and Power Company First Mortatre 5 Gold Bonds, due 1B49. National Trust Company. Montreal. Trustee. The entire issue is subject to call at and interest upon any interest date up to and including January 1, 1914.

Each note, unless redeemed at a previous date, is convertible Into a First Mortjaf bond of the Canadian Light fit Power Company at 93 and interest on July 1, 1914. i We summarize below important points from a letter of E. A. Robert, President of the Company: i 1. The notes are the direct obligation of the Company owning control of the entire street railway system in Montreal a city of 500,000 population.

2. As additional security for each 1,000 note there Is deposited with tho trustee $1,333, par value of the Five Per Cent bonds of the Canadian Light Power Company (also controlled by the Company). These bonds are a First Mortgage on a thoroughly modern hydro-electric plant, transmission and distributing system- operating in Montreal and vicinity under perpetual franchise, and from which the bulk of the street railways' future requirements of electricity will be supplied. 3. The Interest from this collateral Is more than sufficient to meet the interest on these notes, and Is pledged for that purpose.

4. Based on the last years' earnings of Its subsidiaries and their actual earnings for the flrsruarter of the current year, the surplus accruing to the Montreal Tramways Power Company for the current year exceeds six times the interest on these The legal details pertaining to this Issue have been passed upon by Messrs. Lafleur, Mac-Dougall, MacFarlane Pope, of Montreal, and by Ludlow Chrystle and Messrs. Murray, Ingersoll, Hoge Humphreys, of New York, Having sold a large majority of the above issue, we offer the unsold balance at 100 and Interest 4 i i i i it i' it v-a DOMINICK DOMINICK, 115 Broadway. COGGESHALL HICKS, 118 Broadway.

3 ti t- 8 SAVINGS A WD LOAN ASSOCIATIONS. SAVINGS ON YOUR Saialaet slknred fraa dats rscstved to date witbdrawn. EVERT BAT COOTTTS inavsmnsMM SswTsrfcBsssssiDest mmmern over Call or rtte tor bookltrt OfDOSTMAL SAYINGS AND LOAI CO, DIVIDENDS. SOUTHERN PACIFIC COMPANY DIVIDEND NO. 23 A QUARTERLY DIVIDEND ef One Pollsr and fin cent par sosr eo the Capital Etock of this Compart? has been declared payable st ths Treasurer's Office.

No. 165 Broadway. NsW Tork. N. on April 1.

1912, ta stockholdars of record at 8 o'clock P. M. on TUesdsj. March f. 111, For the pojpoaas ef the Annual Meetlns of stock boldsrs to ba bald on Wednesday.

April 1918, ths transfer books ef this Company win be at 8 o'clock P. on Taesdsy. starch 8. 1918, and re opened ea Tburaday. April 4.

1911. st A. K. All orders for mailln'; dividend cheques were destroyed by fire on the ninth ultimo, though all of the Company's etock transfer books were saved. In order that the usual dividend cheques may be promptly received by all stockholders, it is necessary that dividend orders be filed with the Treasurer, otherwise no such dividend wtU be oald exceot to the stocknoiaer oi recora personally or his duly authorixed arent, when satisfactorily Identified.

Blank order forms can be bad on application to the undersigned. A. K. VAV T)1CVENTEB. Treaaurw.

Kev Tork. February 1919. Executor Trustean Chartered 1822 The Farmers' Loan and Trust Company, Nos. 16, 18, 20 22 William Street Branch Office, 475 Fifth Avenue, New York. L05D05 IB rjookipnr Bt, B.

W. 26 Old Broad 8trest, 01 FASIS, 41 EonleraH Esnssmua Letters of Credit, Foreign Exohange. a Administrator Guardian MEBTING9 A TO ELECTIONS. 801THEHX RAILWAY COSIPAXT. 80 Church Street, New York.

February 1912. A ntvinr.Nn on two PER CENT. C) out of accumulated Income bas been declared on the PREFERRED STOCK of the Company, parable on Wednesday, April 34. 1013. to stock holders of record at the close ef business Saturday.

If arch 80, 1911 S3 Wall Street. New Tork. February 8, 1813. On Anril s. 1912.

the VotlnK Trustees for Preferred Stock Trust Certificates of the South" ern Railway Company, which avjb; absented TO THE "EXTENSION AGREE OIF A TTCIIIT ZT. llMf. Will oe wiwrw a AiAtrihufA thA Above dividend Of Two Per Cent. (2) when received by them, amortc the nartiA. entitled thereto, ss lame appear of record on their books at the close of business March 80.

1818. J. P. MORGAN A TO THE STOCKHOLDERS OF THH FRK8NIM.O COMPANY AND THlll FRE9XIL.LO MIMU COMPANY I TAKK NOTICE that The Fresnlllo Company and the Fresnlllo Mlnlnc Company, both cor. bore.Uons of the State of New York, have made and entered Into an agreement signed by a majority of their respective Boards of Directors and under their respective corporate seals, for ths consolidation of such corporations, as prescribed by law.

dated ths l4th day of February. 1912, and that such agreement will be submitted for action thereon to ths stockholders of Tbe FreenUlo Compear at a meeting1 thereof to be held at tbe ofloe of the company, No. 88 Beaver Street, Borough of Manhattan, City, County, and State of New York, on the 2Wth dsy of February. 1912, at 12 o'clock noon, acd that such agreement will be submitted for action thereon to the stockholders ot the PresnlUo Mining Company at a meeting thereof to be held at the offlon of the company. No.

62 Beaver Street. Borough of Manhattan. 'City. County, end Stats of New York, on the 2th day of February, 1912, at 12:30 o'clock In the afternoon. ROBERT K.

BAFFORD. Beeretary of The Fresnlllo Company. ROBERT B. BAFFORD, Beeretary ef the Fresnlllo Mining- Company. ITERS BHHERB, S-l WKflT 23D STREET.

NEW YORK. February 18, 181X Qwarferlr Divide a a So. mnrrea a VtiAwtnre Htern Brothers nav this dsy declared a dividend ot one and three-quarters per o- v-w erred stock of the company. Pybl. 1st, 1812, to stockholders of record at three clock P.

M. on February 19th. 1912. Preferred stock tr.n.f- book, will be clojed three o'clock p. eoruair will reopen et ten o'ciock x.

UIa invini ssd Klrare Coaratr Bleetrle Usatt Dawm rAmnasr. BROOKLYN. KEWYORR etTH1 coNaKcrrmyB DIVIDEND. The Board ef Directors, st a tneetlnj held February ISth, 1913. declared a Sufr'y r.llil eene rib on xne jniau TTU pany.

payable en March l't, 1012. Kkfers of record at 8 P. 1012. Trmnsfer books close February loth. 1912, and reopen February 27.

Checks for the above dividend will be mailed. P. R. ATKINSON. Treasurer.

THE CBESAraJLim A7TP OHIO RAIX- FabrumfT 18. 181a, a MrMtm has declared a of iBTtnt.T DTVTDEND OF ONB AND OVTl-OTTARTER PS5JI CENT. upOB the earrltai stoest ez uui eorapasur su" 80th, Checks win 8e7alled to stockholders, at the Hill esses leeerasa epvn pear. JA8L BTXuART tT I is. nswrar.

THE MAT DEPARTMENT STORES CO. IS Broad K. T. tTi eo. ein.

The Board of Directors have this day declared dividend ef One Per cent, wpon, b-wia. stock et the May Department Stores Ooapsay. Kyable March 1st. 1812. te the common stock, lders et record at the close ot February 'SLTT AA 1 1 rrriiBUHOH steeij cosiFAjrT.

JU4a.4 m4 CtlCVL 1VD THRElw-QTJAB'XXllS FEB CKNT- U) Maren 1. 1918, te soeWjoWersj of reeerd st TTRB Oil. COMFAXT. The T7bsetere of the Company have declared a dividend ef on the Common Btookjpay. aMe March 1 191 to stncaaot'iere rXrrrl.

lli Checks wOl be. taalled. Traaafar books eftbe Cocnpeay. wffl se eteeea enure montt-rr REPUBLIC RAILWAY AND LIGHT CO. Kotlee of Asinsial Meetlrasr ot Stockholders.

Jersey City, N. January 181J. The Annual Meeting; of the stockholders of REPUBLIC RAILWAY LIGHT COMPANY will be held at the principal office of the Company, No. 13 Caciiange Place. Jersey City.

N. on Tuesday. February 20, 1912. at 14 o'clock noon, for the election of Directors and the transaction ot such other business as may properly come before ths meeting. Including the approval and ratification of all action of the Board of Directors and of the Executive Committee since the last meeting of the stock-boldsrs of the Company.

The polls will re main open one hour The stock transfer books ef the Company, both preferred and eomrnon, win be eloeed at the oiose of business January 80. 1912, and wm be reopened on the 21st day of February, 1912, OATLT.ARD F. RAVENEL. Beeretary. MEETINGS AKD ELECTIONS, THE ANNUAL MEKTINO OF TUB BTOCX -holders of The Klsscna Park Corporation will be held at tho office of thst corporation, at 141-143 West 36th Street.

Manhattan, on Men day, February 2iUb. 1912. for the election mi Directors snd such other business es may prepM crly come before said meeting. 2 JOHN W. PARIS, Secretary, DISSOLUTION NOTICES.

NOTICB OF WSSOLUTION. The Dartnershls heretofore xlstme the undersigned has been dissolved this 1st day of January, 1912. All liabilities In connse -tlon with the Boston branch of the business 1 will be paid and discharged by the PEAVY i-BROTHERS COMPANY. The liabilities hi curred In connection with the New Yorsj branch of the business will be oald and die charged by HENRY PEAVY. PILA8 PEAVY.

GU8TAVU8 I. PEAVT, HENRY PEAVY, J. PEAVY A BROTHERS, 84 Summer Street. Boston Msss. 18-19 University Place, New; York.

FROrOSALS. 5. GEARS, ROEBUCK AND CO, Notice is hereby given that the annual meetlnr of the stockholders ef SEARS, ROEBUCK AND CO. will be held at tbe office of the company. 418 Broadway, New York City, on Monday.

February i. 11 2. at 11 o'clock noon, for the election of Directors and for such other business sa may properly come before tbe meeting-. The transfer books will be eloeed frees the close ef business Monday. February 18.

1918, until the morning1 ef Tuesday, i Febru ary, it, ins. JOHN UIOGIN8. Beeretary- PROPOSALS FOR BRASS TUBING, CAST. Iron Pipe. Btoveplpe, Sheet Zinc.

Solder -Steel Wire, Nails, Tacks. Screws. Cold Chisela, Hammers. Pick Handles. Shovels, Braces, Files, Paint Brushes.

Coal Barrow. Padlocks. 'Wster Coolers. Metslllc Tapes, K. nils Rope.

Saah Card. Rubber Rrltrn. Hoee. Packing, Asbestos Oaak'ts. Signal Klaga, Bunt- lng, 6htpplng Tayg, and Chipped Soeu-Sealel, proposals will be received at the of fire of the General Purchasing Officer.

Isthmlsa Canal A. February 2S, 1912. at which time they will be opened In public, for urn letting tbe above-mentioned articles. Blanks and general Information relating to this Circular (No. 884 may be obtained from this office or the effleee of the Assistant Purchasing Agents, 84 State'; Street, New York City, end 814 Wbltaey-Oea.

tral Building; New Orleans. alee from the V. 8. Engineer Offices in the following eitleel BalUmore. Philadelphia.

Pittsburgh, Boston. Buffalo. N. Clsvelandy Ohio: Cincinnati. Ohio; Chicago, 11L Ft- Louis.

Detroit, Milwaukee, Wis. Bt. -Paul, Chatunooga, LouUrlllv Ky. Mobile, and Oalveaton, Cora- merdal Club, Kansas City. and Chamber -of Commerce, Quiney, TIL F.

Major, Corps ot Englooera, U. B. Ueneral Pvir chasing Officer. PACinO COAST COAL COMPANY. Annual Meettex.

NOTICB IS HEREBY GIVEN" thatjthe annual meeting ef the stockholders of PACIFIC COA8T COAL COMPANY will be herd at tbe office of tbe company. No. 10 Wall' Street. Borough of Manhattan, City ef New York, ea Monday, the 19th day of February, 1912, at eleven o'clock In the forenoon, for the else tlon ef Directors for the ensuing year and for the transaction of such ether business ae nay properly eome Derore us mesons1. j.

naiiu. Sated January. 19, 1912. MOTICS IS HEREBY GIVESf THAT A MXET Ins et the Stockholders et the Dyre Avenue Realty exunpaay wui ne naia at the office ef tbe Company. No.

188 Broadway. Bor ough ef Menhsttan. City et New York, ea the twenty-first day et February, 1818. at twelve o'clock, noon, xor tne purpose or electing Directors for the ensuing year, and Inspectors et Election te eervo at the neat Annual Meetlne. and tor tire transaction ef such other business aa may property come Derore seen ROBERT K.

WALLER. Secretary, yew Tork. February 8th, 1912. New York. Feb.

80. 191 THB AJTNTTAt. MEETING OF THH STOCK. HOLDERS ef The Oenrla Marhtne Co. wtU ba held at the company's ecnea, Bpriner and Tarlck New Tork, Wednesday, Feb.

lath, 1912, at a P. BC fee the election ef TMreessra and the transection ef each ether business ee may be brought before It. Transfer books else Fee, Ssth, 1912, and reopen March 1st, 1918. i. FRANK W.

OARVrN. Bee-y, AMERICAN MANUFACTURING CO. Tee Ansmal MeetlBg ef the Btitekbeldeia ef thte Company win bs bald et 88 State Stnet, Beers 1.M4, Bettaa, MassteeArsstts. ea Fieruary tfta. Mt, at ai-raa A Mm for tbe Pure.

sf eleaUae Dlreoter. end tnswsrttng say ether bestosM that stay: lawfully sorae before the sw-tlar. i Bsasdsr st tea Preadsat. i SEALED BIDS WILL BB RECEIVED BY THB Beard ef Water Supply, at its offices, seventta floor. 168 Broadway.

New York, until 11 A. M. ea Friday. February 23, 1912, for Contract 114, tor turnishina and delivering 45 pressure rea-nlatlng valvee, varying in sisa from 12 te 84 laehee, Cor installation In connectloa wttk the city tunnel end the city pipe-tlneo eat CataklU Aqueduct, la New York City, At the above place and time the bids will bar pubHoly etMned end reaA Pamphlets contain- mar Information jr bidders and contract draw-tngs eaa be obtained at tbe above addreas by depealtinf the sum of ten dollars (10 far each pamphlet. For further particulars see IntortaaUon for BldOere.

i CHARLES STRAUSS. Presldeati JOHN F. OALVTN. i f.y of the Board ef Water Suppn, lOSSrH P. MORRIS8BY, Seeretarr, Bankers Brokers Merchants 4 Manufacturers War obtain competent help1 for of i flee, stors snd actor, throufh tht Wtat paces of The New York jTlmeJ, To fin a position flulckl'y and sit- Ufactorily read the Situations I Wanted advertisements.

-1 -To summon specialists or com re- tent assistants an advertisement Ma i Ths New York Times -will attract ths best jeioployes. i.