The New York Times from New York, New York • Page 11

THE NEW YORK TIMES. SATTTIIDAT. 100 i. II ATOPICS IU WALL STREET nrf wti a hopeful la speculative) eirel 7trdAX, but it had no refer-enc to the market of tb day. and rather f.A to do wILh tha possibilities of next Tbe fcuftsh duUneea and apathy by pointing out that operations for the long timnt had t4b-n ausperided until next- week.

The VSf crowd took the position that when th bank statement was published and the condition of th surplus reserve acratl-slsed. 'buii would laid for an-en-flauftit on prices neat' week. Casual traders bad Uttls to war or th 'Th market did' not. giro them orach 'opportunity to take' a position, and broiers were; much averse to (Iving ad-vie which 'in'aht, after, all, lead to inakinf of a trade lnroMnv a lose Jr the ctittother. There are some among- the brdkerace fraternity who are wjlllna; to be epeclfie at all times la advlc to bay er aell'atocka, but practically all of the commission houses are extremely conserv-stive and adopt a policy, which Is also good business, of eonserring- the custom err affairs.

Vembers of commission houses admit without any qualification that there Is absolutely no business. This means that there la no outside business or trading on which they ran exact 112.60 for each hundred shares bought or sold. That Is the business In which there la profit, but the se-celled one-thirty-second business la very useful In adding to the Income of jbouses whjoh have one or snore representatives on the floor of the Exchange. Tha explanation of the lack of commission business is that there la no pubUo In the market, and that the trading ts entirely professional. Despite the flurry In stocks In the last two weeks, big traders have been gradually putting themselves In shape to take a vacation, which indicates their belief that profits in trading are likely to be scarce In the immediate future.

Customers have deserted the offices, and. while a great noise emanates from quarters associated with the Boston operator. It sounds more like a -claque than genuine business. Two men. casual traders to the market, were gossiping In New Street yesterday, when a recently admitted member of a certain brokerage firm passed, to whom one of them nodded with no apparent excess of friendliness.

Waiting until his acquaintance was out of earshot, ha remarked to the other man: There goes one of my best friends." You did not seem to enthuse over him very much," retorted the other. Perhaps not," waa the answer. You see, it was this wayj When I knew him first he waa room manager for a big house. He waa an enthusiastic business getter. He got me.

I put up and I was put through my paces. An extreme bull In the morning, be put me long of stocks. Fearfully conservative In the afternoon, he made me sell. My pockets were filled with notices of purchase and sale. My monthly account had an epileptic appearance.

My commissions were enormous, my profits But I was cured of the speculative fever, although it cost me in four weeks out of that 10,000. He surely was a friend of mine." There are some disadvantages, apparently, Iff following out too closely the Henry 'James doctrine of pure diction and correct accent, which may be attested by the experience of a certain news gatherer a day or so ago in Wall Street. This particular individual la a Harvard graduate, and ho strictly observee yet all the Tor-eelllan proprieties. His copy boy rushed Into his offloe on Thursday and told him that "two or three tf them, big Japs la over In Broad Without waiting tr reprove her youth tof his peculiar lingo he hurried to Broad Street and found there, 'drawn up In front of the Exchange, two touring car Imposing looking enough te convoy aJanannee -Admiral. "I i chauffeur." he inquired, "have you YsU Hemoto with giving the exaot Japanese accent, of course.

No Slr, re-rponded the Impressed chauffeur. wa use sbs moujr exclusively." Af psjenUy- the attempt or the Govern-JPtent to dissolve the American Tobacco Company does not weigh heavily on the men conoerned with ita iat. enc. They hold firmly to the beTlef that they are entirely within the law. and consequently express little concern.

Two or three tobacco men were talking yesterday, and one of them recalled an Incident the negotiations -with the Imperial Tobacco Company of England. A committee bad been, sent, over here, and the dicker was going on between that committee and the committee appointed by the American Company, but progress was slow. Finally, after a discussion among themselves, the American Company appointed a aub-com-Ultteo to draft. tta to formulate what might called their Irreducible minimum This was done, and the preposition as outlined waa a very stiff one Indeed. Before the meeting was called at Which this was to be submitted, one of the wen prominent in the company, who had drawn up the document, requested another member to read lu The latter demurred and asked why the other man did not read It himself.

Because." he as he glanced over the statement, T.rd die. laughing before I'd finished it." -It wax announced yesterday that the block Exchange had admitted to quotation In the unlisted department Union Pacific Railroad Company subscription' receipts for twenty-year 4' per cent, convertible told bonds, due 107, first Installment full paid. This means simply that the convertible debenture bonds, which were offered fer subscription, have a market on the floor of the Exchange, The full-paid oonda were quoted on the Curb at 8T4 to during the day. The 20 per cent, paid Bonds were quoted at 8M4 to SI. with sale rfr caih at 91.

The Atchison bonds were quoted In the earlier trading at 90 to par for the 30- per cent. paid. There were bids of par' for fulltpald Atchison bonds, but the best offering at first waa par and quarter. There was little discussion yea-irar'0f the situation arising from the eell the entire Issues of both Lnlos Pacific and Atchison bonds by sub- amptlon. The reason for it waa so obvious that discussion was unnecessary.

j'JSult to Recover Tranaferrod Stock. A suit has been, instituted In the Supreme Court by Katharine A. Jackman a5aln.1t th Traver Circle Swing Com-Jfy. Rudy a tTrtell. and Harry O.

JT. to recover 2m) shares of the stock er. the company standing In the name of The plaintirt says it belong to r. vtlif pretending-to act for her In TTe sale of -the stock, she says, certain ofe la Chicago transferred It to Us- 3 INCORPORATED IN NEW JERSEY. Dr0 FVrg Company, cepl.

Mk30'- Wilson L. Kelton, and Earltus P. At- amine Company, Jersey City; Ues. na Kilts Lara. Jr City; rapt.

aiuT B. 8. Masts. -Plhw Compaar. Lakevood; Ull.

and 8rh A. Ursdfihaw. lty and iRTMtrmnt Cwn- VKiT' C. rtsd Care. ftiTSUf t1 Arthur Moldtoo.

Charts "PUHl. at. Carr. "itrk V- Hail, 2 to carry en MUi Jesepa j. Kioln aad Louis Epsteis.

THE FOROGN MARKETS. Dtvelopmgnta of Yeatarday In London, I Paris, and Berlin. July 12. Honey waa In good supply in the market to-day and met with a fair demand, Discounts were firmly maintained, On the Stock although, the setuement was concluded satlsiactoniy, business wis light owingnto the forthcoming new issues and the absence of public The tone of British 'securities, however, was generally steady, with hardening at tha clos. Americans were supported at above par ity in forenoon owing to the belief that the gold movement had ended for a time.

Canadian. facinc, 1 union racuic, and Bout hern-Pacific were most favored In the afternoon. Prices were stationary, but New York bought jwell later and csuseo a zirra close. 1 Forelgns were quietly Japan ese imperial 6s of 1U04 closed at 1 1 Copper shares were eay. RIO Tlnto was weak at the close, i (Bullion amounting to 114,000 was taken nto the Bank of England on balance today, liver was steady at tld per ounce.

Money, 2f2U per cent. The rate of discount In the open market for short Mils Is itm per for three months bills is ait per cent. 4 1 I PARIf, July 12 Prles on the Bourse to-day openei out closed heavy. Trading was dull. 1 Kussian imperial 4s were not quoted, and the bonds of 1004 ctbsed at 4M, Three per cent rentes; l3f 87 for tha account.

i I 1 Kxchangs On London, S5f ISo for checks. BKRLIK, i'uty 12 Prjces on the Boerse to-day were Irregular. fAmerleana fluctuated, but later lm prove 1 especially Canadian Pacific upon London influences. -r- FOREIGN PUBLIC; SECURITIES. Fallowing are yesterday's quotations for several European Btate and municipal securities: I i Bid.

Aakwl. oermaa eonsois, IHs. 4 Ml urmaa consols, 3a 4 K34 Bararlan Oorernment 101 3 10OV4 ionaj 100 B2H T4 lOl 75 esH 4 Sasony Ooveramsnt 8a. 63 nasony uoveramsnt sa. 03 Hambura- Oorarnment 8.......

82 City of Colorne 4a 4 W1 City of Munich 4s MV City of Aucabor 4s City of Frankfort-on-Main 1 cuy ox vianna a Mazloan Oovemment gold Ruaatan Oorernment T4 French rents as ..,4 05 tmusn consols, ss. 64 LONDON CLOSING tQUOTATIONS. The followiog were the efciMng prices in Lon- Sen yesterday for American Storks, comparisons being made between New Ycp-k aqulvalenu and turn frrvviuu iora oioaina Um- H. T. 1 don.

taulv, Consols, S4 4-15 N. T. Cioae. Net! Cb'gS. hi consols, account.

4 Anaeonda ...4... 12 Atchison 92 ft 1TB4 1.12 25 6Tex. 1T3H 1H1-4 24S4 lis 112 121H 124 T7 Van. facirio Paul Erie t5 Erie 1st 61 4 111. central i IxmiIs.

A K. T. ..11. Pecmrrlvanla 2K 141 1U' 4 111-4 122V4 Reading ftiwex. 100 So Pactfle gov 1 78H 131 1S6H V.

8. Mi V. S. Steel 85 American Mining Stopka London. The following prices for American mining toe lea were reoelred from London yesterday: ia 4.1 4 a d.

Smp Bird 1 vfEsneransa 3 1 Tomboy ..1 11 DolarM 1 a KlOro .4.1 a Stratum's lndep.0 0 YOAKUM GIVES PP OPTION. Barg Syndicate Also Buy McDonald Interests In Mobil Road. I Supplementing the announcement yesterday of the election 0f 3 8. Berg to the Presidency of jthe Mobile; Jackson A Kan sas -city Railroad 'Company, it was learned -that tha new President and. his associates In a syndicate composed of Kw Orleana and New York caplUHsta have acquired a one-half Interest In the Control of the road from Alexander Mc Donald and his associates.

(Incidentally it waa learned that the op tion held by B. F. Yoakum on the road had been canceled at the request of the owners, and in this connection it waa stated that Berg, who severed his con nection witn the nscp interests some months ago. in no ways represented Mr. Yoakum in his new office.

The Protective Committee, consisting of B. F. Yoakum. John E. Bourne, and Alexander McDon- aia.

wnicn was appointed soon alter tne beginning of the movement for the appointment of a receiver, has been dissolved. Bird M. Robinson, whom Mr. Berg succeeds in the Presidency of the road, will remain temporarily as a Director, but he has sold his tntereat. Alexan der McDonald, who is the largest Individual stockholder, maintains his position In tne management.

wall Street beard yesterday in a dis patch from New Orleans that the actual control of the Mobile. Jackson Kansas City Railroad had been obtained by K. 11. mrriman, as weu as that or the Baton Rouge. Hammond Kaitern Railroad, In which Mr.

Berg and some of fcls New Orleans associates in the syndicate are Interested. The oew President of the Mobile, Jackson Kansas City denied positively yesterday that Mr. Harriman had any Interest, even remotely, in the syndicate. The syndicate, except as Individuals, ne sal naa no interest in the Baton Rouge Road. 1 i FINANCIAL NOTES.

iThe TM rectors or the Nassau Bank elected rterday John Monro Vloe President, and W. Noble and H. p. Bturr, Assistant Cashiers. Orders have beea siren by the Illlnola Cen tral Katlroad for Pacific type paaeencer engines, sa consolidation freight locomotives, and It waa also announced fresterdsr that ouota.

time has been dtaoontlnled for Portysscond Street. Manhattanvllle Bb. Nicholas Avenue Railroad Company aeoond Incomes due la 1W15. switching enslnee. Besides these, there have been contracted for 1.500 steel coal cars.

100. 000 pounds capacity each: 900 Otis dumnlna ears. and goo steel under! rame box cars, all for quick aenvery. .1 5 Subscrlpttrm reoelpts for the new twenty-year 4 per cent, bonds of the L'nlen Pacific Railroad Company bare been admitted to the Unlisted Department of the Stock Exchange, first installment pal lApptleattoa has been made Bat $9. 142.SO0 referred atoek.

SM.S77.200 common stock, and il. 678.000 first and refunding Biortcace ner cent, bonds of IBM -of tha Connecticut Railwav apd Usbtlng Company. NEW YORK INCORPORATIONS, 5rol Ti aVrw York Ttmts. ALBANT. July 12.

-The following concerns were Incorporated to-day: 1 Tetman Typewriter Transmitter, New York, (manufacture tranamttters. automatic teletranta machines. capital. $1,500,000. Directors 8araul Johnston.

Charlea Jl Tetman, Gabriel New Tork; James J. Bteveneon. Osh-koah. Wla. Jueen Anne Keariv Company.

Kv Tork: capital, IHrectora J. E. Bather land. 4. V.

Han. Kew Zork; v. JL. Barnes, Brooklyn. -Columbus Avenue Bulldlna Comnanv.

Vew Tork: capital. IKiO.000. Dtrectora W. I. Witt.

Vf A. uuxtaa. n. u. vervalen.

New Tork. Vm Tork. (enrlneerlncconatructlrif eapltai, $100,. 060. Dtrectore A.

M. Stewart, J. C. Stewart. rew Tars; n.

a. viuanova, Penn. Lohbauer Park Improvement Company, New Tork; -capital. 4100. tk0.

Ihrectors C. V. Hal-ley. O. A.

StelnUlller. V. Gabriel. New York. Lanxtll Commercial Photograph Corcnany, New York; caplul.

Directors Mary Langlll. J. J. Evans. J.

H. Uedrlck. New Tork. i International Accident Company of America. Brooklyn; capital, SlCOiiO.

Directors Harry Welnateln, A. Haymaa Samuel Abldoa, Brooklyn. Arosaon 1 BeaHy Company. Brook Its: capital. 116.000.

Directors Peter Amosoo, Lewis Roth- enDers. tieita Aroaaom. jjrooaiya. Porous Hollow Tils Company. New York: caipftat, Directors Allen Dunn, North Beraea.

N. A. f. Hlntoa. Urand lew-on-tne-Hudenn; T.

Chrystle. New Tork. Gltensteta A liver Ilrothars. New York, fntaaufaeturins; pocketbooks:) capital, Directors Israel Olteosteta, Meyer SUvar, Isaac eilver, Brooklyn. Aim-Shrink Lanndrv Company.

New York; eapltsl. SlOsOM. Directors A. PhUlps Will, lam Waldman. Leopold Oroemnaa.

New York. Pull yaatener Cofnpany. Rnrheeter; capital. takOilO. IHrrrtore CL G.

Hsrser. A. B. Williams. 8.

R. Shaw. Rochester. Stranrh Company. New Tork.

(clrarette paper:) capital. i.0n, Director-M. 8. Globe, Biroon piraacn. annum kjmvy.

lora. Heliochrome An Company. New Tork; capital. Ilo.om Director Julian Oalnee. Oscar Forster.

Mariraret Guinea. New Tork. Pen Tork Dairy Contpsay. Krw Tork: capital. 405.

one. Directore Davia. Harpers-vilie; laaae Berkstone, Abrahsot Berksldae, New York, STOCKHOLDERS WAR Oil FAT BOHDSES Steel Foundries Minority Say Officials Cot Enormous 1 Commissions. $830,000 YEARLY TO 4 MEN i i i Prealden Kella Sh a ra Somtthlng Llka Defenaa Is That HI Rare Ability Warrants The minority Interests In the American Steel Poundrtes Company, which, under the leadership of Swart wout Appetisellar, are seeking to obtain control at ttt next annual1 meeting, or, failing that, dividend of a per cent annually on tt preferred stock, have found ammunition for their campaign In the commissions jtatd to tha officers out of tha profits over a certain amount. I- The minority asserts that under a contract which has more than three yars to run the President and tha First, fecond, and Tljlrd Vlca Presidents receive.

In addition to their salaries, bonuses of 13 per cent, on the net profits of the compimy Up to 11,000,000. 20 per cent between that figure jand 1.8o0,000.!25 pr cent between that amount and $2,000,000, and 83 per cent, on all profits In excess of $2,100,000. Of this sliding scale of bonuses, seconding to the minority Interests, 40 per cent. Is payable to President W. V.

Kelly and the balance divided between IVIce Presidents lament. Scott, and Butler. They figure jthe net profits for the fiscal year, which ends with thlsi month, at $2,500,000. If this approximation prove to be correct, the officers under the contract would divide something like $830,000. of which President Kelly's portion would be in addition to his salary.

The minority stockholders contend that these prof-Its, amounting to about two and, a half times the requirements for a 8 per cent, dividend on the preferred stock, would be very much more equitably disposed of If distributed among; the stockholders. The present controlling Interests In the company defend their position on the ground that Mr. Kelly is recognised as the best man In the country to conduct the business of tha American Steel Foundries Company, and that he Is entitled to the bonus granted him. i The minority interests point out that the ablest men the Interests behind the United jStates Steel I Corporation could pick out to manage that bllllon-dollar corporation were satisfied with a year as compensation, and that It seems reasonable that a proportionately smaller amount i should secure satisfactory talent to conduct the affairs of a company. i i i The leaders of the minority Interests have written to President Kelly asking for a copy of the contract which allows him snd his Vice Presidents to divide $830,000 of this year's earnings between but have not vet rnlvMl a nnlv They are positive In their assertion, how ever, inai me auegea contract allows the setting aside of a maximum of 33 1-3 per cent, asi bonus.

i The present controlling Interests of the American Steel Foundries Company have defended their refusal to pay dividends on the i preferred stock on the ground that it was a wiser policy to build up a large working capital rather than to disburse current earnings to stockholders. It is only two years since. In the fiscal year which ended In th.it the. net earnings showed a toss of but of this sum $.117,000 was expended for betterments and Improvements which could be CSDltatlsed. leavlna- a net deficit of i The minority Interests, however, ciaim mat me ousinesa or tne -company has in the Interim Improved to such an extent that the working capital has now reacneo approximately wnicn they think is ample to carry on the affairs of the company.

The campaign for proxies has only been under way for a few days, but 8wartwout Appenselar claim that they have already obtained the suDDort of a consid erate percentage or tne snares. 999-YEAR LEASE RATIFIED. But United Electric Minority Will Fight Public 8ervlce Deal. Despite the opposition of the holders of one-half! of 1 per cent, of the stock of the United Electric Company of New Jersey, that ooncern was leased to the Public Service Corporation for a period of M) years in Newark yesterday. The resolution favoring the lease was passed by the Board of Directors two weeks ago, at which time the Directors of the Public Service Corporation accepted the proposition, I Tha resolution provided that tha lease be ratified by the stockholders of the United Electric Company, and the meeting was held in Newark yesterday.

It was expected that of the 4,000 shares of stock outstanding and not held by friends of the Public Service Corporation a big majority would co-operate with the known interests antagonistic to the plan, but when President Thomas N. McCarter showed how useful the Public Service Corporation had been to the United Electric, making possible the payment of dividends, more than half of the l.OSO shares held by the opposition decided to vote for the lease. i i The opponents of the plan were represented by counsel, Judge Thomas L. Raymond, representing James M. Seymour.

Jr. Leo Stern several small holders, and Louts Hood other holders, aggregating 800 to 400 shsres. i i Thomas L. Raymond, counsel for James M. Seymour, one of the minority holders, said after the meeting that he would fight the lease In the Chancery Court on Mon- uajv GRAIN AND PROVISIONS.

WREATT An advanoe Was accelerated by very bad report from the Northweat. la direct contradiction to more favorable early advice. and Was helped In the last hoar by large weekly clearances from both Coasts, reports of a better cash demand, export sales of thirty-one and complaints about crop conditions in Bo far. as appeared on the surface the demand waa confined chiefly to short inl terests. An early decline was Identified with break Of 1 to IMA at LlveroooL Continental advices were Irrerular.

Parte closing 10 to 80 points lower, Huaapest ic per bushel Is her, sod Berlin partly lower. Cssa wheat in New Tork waa quite rlrra. cloelns aa followa: Ka 9 red. elevator, and fttte. free on board, afloat: No.

1 Northern. Duluth. fl.UV, and No. 1 hard. Winter.

S1.0OV Xrea on board. afloat, -i CORX. At the opening and afterward prices seared en favorable weather am, Argentine shipments of i.To5.000 buaheta. asalnat 1.433. 00 buahels the previous week, and a decline of i at Liverpool.

Subsequently shorts became, good buyers and the market had a full recovery. Export bualnaas wa three loads, and caan corn in isew xorx closed as follows: No. 3. 62c. elevator, and (Be, free on board, afloat; Ne.

3 wblte, 6ZHc and 2 yellow, 4S2bc, in, um pum, iij FUTURES. i NEW TORK PRICES. Thnra. Wheat I Rlxh. Low.

Close, Close; July. Pot 7V4 9n4 SOU o3-l gl.OOU I wl $1.02 1 Wl'a l.OJVl May. LOTJ 1.0754 Corn- KH 2 K2S -4 f. ai Ot CHICAGO PRICES. Thurs.

TVheai I Hlsh. lxw. Cloee. 0ee. MS eo Peix 4 est 3H 91 Mi 07'i Soli Com i 6.1 5.1H E3U MS I ftS 65 bl 53 Oata I 4T4 41- 4 4H S9- r.1 lts e0: 4u 9.H asj TT' a XH S-7 9 i A63 SM 8BO 4S atX S-KI T3 a Pork i i i.is 4 rayr.

iio last 14.44 lsJU MAGISTRATES ASK MORE PAY. Increase from $700 to $9,000 Vota That ThtyVa Under-SalaHed. vAt tha special meeting of. the Board" of City Magistrates yesterday afternoon, the Magistrates voted unanimously to ask for an lncreas of their salaries from $7,000 to $9,000 a. year.

A committee of flips, headed by President 'Whitman, will appear before the Board of Estimate when their annual budget is taken up. The Magis trates also vote to ask for the- court attaches an increase of each. The budget for 1SW8 will aa Increase of over 107; due largely to the provisions made for the two Magistrates to be appointed when the Night Court bill finally becomes a law. their interpreters, clerks, and Magistrate Stelnert started the ball rolling yeaterday by-asking why the Magistrates did not consider the increasing of their own salaries. i Why not increase the salary from $7,000 to he Why limit it to asked Magistrate Barlow.

i. "Because it Is fair and reasonable." replied Magistrate Stelnert. It is reasonable enough, commented Magistrate Barlow. it Is a modest and moderate request." What do you think of It, Judge Butts asked Magistrate Stelnert. I don't think it is advisable now," was the reply.

"I said Magistrate Stelnert, "Twenty years ago Magistrates In this city got Eleven years ago they now wo ro Keturig but 'Is' It advisable 7" asked Magistrate Harris. I think so," answered Magistrate Barlow. We are the most underpntd body of men in the city's employ. In England, Magistrates get a year, which Is equal to or $12,000 here. Magistrate Cornell nodded hl8approval.

hy, we don't even have our nights off," spoke up Magistrate Wahle. No, chorused the majority of the nine Magistrates present. Magistrate Cornell then moved that the salaries of the Maristrates be Increased toJ su.iaju a year. Magistrate Barlow seconded tne motion, ana it was earned witnout a dissenting voice. The Magistrates present were: Barlow.

Butts, Cornell. Harris, Kernochan. Moss, Stelnert, Wahle, and Whitman. 'TULL" WITH WATER BUREAU. Man Who Offered to Use One for $25 Arretted.

Michael J. Kelly of 600 West 127th Street was arrested last night by Central Office detectives, on the complaint of John Vogr-I. cabinetmaker, of 620 West Thirtieth Street, who charged him with grand larceny. Vogel declared that the man had visited his factory on June and. represent-tng himself ss the agent of the National Water Meter Inspection Company of Pine Street, offered to have his bills for water reduced for 125.

lie also Intimated that he had a pull with the Water Department and could obtain a reduction on old bills. Mr. Vogel paid him the and never saw the man again. lie then visited Police Commissioner Bingham, who told him that there had been several similar complaints. The Commissioner assigned two detectives to the case, and they found Kelly last night.

Although, he was positively identified by Mr. Vogel. Kelly declared that a mistake had been made. THE CQTTON MARKET. Active and Irregular Closea Net Unchanged to 11 Points Down.

i WEATHER IN COTTON STATES. WASHINGTON, July 12. The Federal Weather Bureau Issues the following forecast for tbe cotton States for Saturday and Sunday; North Carolina Showers Saturday; Sunday fair; warmer In the interior; variable wln.la. houth Carolina, Ueorsla, and Eastern Florida Occaalnna I ahowtra Saturday and probably bunlay; variable winds. Waatern Florida and Alabama partly cloudy Saturday and Hundar; probably local showers Saturday: variable wlnda.

Mlaeteslpp! and Uouiaiana Parti cloudy Saturday and Sunday: variable wind. Kuatem Texas Partly cloudy Huturiay and Sunday; warmer' Mturday in northern portion; light to freah southerly winds. Western Texas fair Saturday snd Sunday. Oklahoma, Indian Territory, Arkansas, and Tennessee Fair Saturday and Sunday. Cotton -waa fairly active, with fluctuation nnrvDua and Irregular.

The close Was steady, net unchanged to 11 points lower, the near month being relatively weak. Bales for the day were estimated at 400,400 bales. The opening- was barely ateady at a decline of Mtll points, and durlns the forenoon the market sold off to a net loss of about lOrTtl'O points, which carried price into new low ground for the season. Tbe weather was considered Senerally favorable. Liverpool was hla-her than ue on futures, and spot cotton there was 3 points higher, although sales were smsller.

Supt. King's weekly total crop, movement figure follow: Port receipts. 8.7K.1.O00 balea. anainst 7.733.21 last year: overland to mills and Canada, 1. 204,023 hale, arainst 1-nt last year; Southern mill taking.

bales, against 2,070.000 last year; stock at Interior towns In excess of Sept. 1. bale, against 82.678 laat year; brought Into alsht thua far or seaaon. 13.189,160 balea. against 10.7115.224 last year.

The total crop movement Is for 815 days this season, against S10 days Isat year. The range of contract prices In the local mar ket was as follows: Thurs. Cloe. Close. High.

11.75 ll.r.9 11.65 11.78 Low. 11.70 11.4.1 11.80 11 ttl July ll.7iKJll.75 USD August September October. ll.Rtyll.M ll.r-Ull 11.74V II 75 11 7' 72 11.741 1. 7 HK.VaH.hd ll.bMjll.lMi 11.64 ll.eo 11. 711 11.73 11 00 UM 11.

UN 11. IH) 11.80 11. fl 11.88 11.78 11.77 11.77 11 97 11.K3 1109 11. Wl February March ll.w-Mti.wi. 12.0712 .08 May 12.07 Tha Vwal market for soot cotton waa outet.

with prices 19 points lower, at 13.06 for middling upland and 13.80 for middling Gulf. Sales, l.aoo balea Southern spot markets were telegraphed as follows: Savannah Quiet, unchanged, at a lea. 7 bales. Mobile Quiet, unchanged, at 124c: sales. 25 balea.

Auguata Steady, unchanged, at 13Hc; sales. 12 bates. New Orleana Kasy. Wo lower, at 12'ci sale ,1.025 bales. Memphis Quiet, unchanged, at l-lc; sales, 175 bale.

I MINING STOCK QUOTATIONS. Sptciol Tki Nrw York Timet. SAN FRANCISCO, July 12. The official closing quotations for mining stocks to-day were ss follow: A Ita Andes .1 Occidental .38 Ophir 1.70 Overman Belcher 24 Beet A Belcher, Bullion IT Potoel .10 lavage .58 Caledonia .12 Chal. Coo .18 hollar Conflilence Con.

C. Sag .04 Sierra .82 Standard JJ.oo 4.24 4 .05 .3 .91 'Syndicate iH. Louie Utah Con Con. Imperial .01 Crown roint Gould A .12 ITellow Jacket. 811 ver ..4 74 Hals gjorcross.

Julia -OS Justice -01 Mexican 53 Orafts, slgnt Telegraph Mexican I Belmont Jurobo .4.00 Cash Boy Jumbo Extension). .1.90 Golden Anchor .3 Home .05 Laguna ....132 Jim Butler Ui.Ama(a 1 Altf .8" May Queen 13 ii.oi Miitau .......1.17 Mooawk Montana- Red North Star -22 smd Storm Ohio St. Ives Tonopah Extension. 170 Silver Pick .01 Wut End Wl MANHATTAN. OOLXnU.

Adams Atlanta Comb. Diamond DUie Ooldt Con. Mla Ooldflsld i Jumping Jack .06 .131 BULL.FROO. .1 07, Bullfrog NaU- .28 Bar -4 Bttilflug. .06 Cons COIORATX srarHoa.

July IX The follow. Ing were the dosing quotations on the Vocal Exchange to-day: BMAsked. Aeaeta S4 SW Iold Dollar. 7 7V C. K.

N. TS, 81 21 4 Dr. Jackpot. 7 Tt McKlnney 01 Elk ton ..12 123 ZA Pse 49 Flndlay 62 ifTork Wit lTi Treaaury Buys 300,000 O. of 'Silver.

WASHINGTON. July 12. The Treasury Pepartment to-day purchased SOO.ono ounces of silver in three of 100.000 ounce follows: One hundred thousand ounces or delnr-ery at San Francisco at 67.75 per fine ounce. i One htmdrefl thousand ounces for delivery at Ban Francisco at 67.65 per fine ouncu. One hr.ndred thonsand ouneea for delivery at Denver at 67.

per fine ounce. Sault Marie Increaaea Stock. MIXNEAPOUS. July 12. Directors of the Minneapolis.

St. Paul A Sault Ste. Marie Railroad to-dav decided to increase the capital stock of the company to- one-third of which will be preferred and two-thirds common- stock. TUG TO CO ROUND CAPE HORN. The Gov.

Hubbard Run from Philadelphia to San Francleco. PHILADELPHIA. July. 12 Bound for a long trfp to the raclflc, the tug Governor Hubbard left the' plant of the Neafie A Leavy Shipbuilding Company to-day, hi command of Capt. James Lord.

She has been equipped for-a three months' run via the Straits of Magellan, The Hub bard will be used In towing lumber rafts CI The Hubbard registers 412 tons, and is built of ateel thioughout. While a small craft aa compared with the big steamships which round Capt Horn with difficulty, she exDcts no. trouble, covei-ln 14.ono mile" before she reaches San Francisco. HAY; TOUCHES TOP PRICE. i Worth $20 the.

Ton the Week Before Cutting the Crop. ALBANS, July- li-The backward weather conditions of the Spring haa resulted in the price of hay rising to tbe record-breaking quotation of J0 a ton in thla the last week before cutting the crop. I Between $14 and baa always been the average price of hay Just before the July harvest In years past. Heports from all sections of the Slate Indicate that the new crop will be an abundance of fine quality, Hcnrcliy of farm laborers at this busy senaon ts also reported from many sections, wages of a month bHng offered without success In procuring help. "Exceptional Opportunity" Inability to supply the demand requires yie extenalon and Increase of preaent output, for which purpoao we offer $50,000 treaaury atock, (In blocka net leaa than $10,000 each,) in local manufacturing company enjoying ja monopoly and earning upwarda of 10.

By doubling output will earn a minimum of 20. Directorate and management of the hlgheat commercial and financial atandlng. Negotiations deal red with principals. Addreaa Exceptional, Box 60 Tlmea, Tlmea Square. i BANKING OPENING Wanted by large New Banking liouae two young men to 1 learn tbe Bond Business.

Preference will be given to earnest, aggressive young men of good education and address, but who are willing to start at tbe i bottom and thoroughly master tbe details of the business. College graduates preferred. Address giving age, nationality, education and business training, if any, also references, to BANKING, 140 Times, Downtown. Vew Orleans City sad Lake Kallroad Com. peay Honda, NOTH'B.

Pursuant to Article Fourth of the mortgage from New Orleans City snd Ike Railroad Company) to Columbia Finance snd Trust Company, dated November Z2d. lt, the undersigned will until eloe of builnes July Slat. i07. at Its office in the City of Ixiulsvllle, Kentucky, receive bid for ths surrender and cancellation of CONBOLrl-IMTED TIHHT MOHTUAOB F7FTT-TBAR FIVE PICK CENT, OOI.U HOND8 of ssld Rallrosd Company, dated January id. llfti, and matuiir, January and secured by the above-mentioned mortgags.

Bid to he acceptable mu.it te at a price not exceedlnc 110 and accrued Interest. COH.MniA. THUST OM PA.VT. DIVIDENDS. FEDERAL Kl OAR REHNWO COMPANY.

Tbe resular quarterly dividend of On and One-half Per Cent, on tbe preferred aharea of the Federal Puar Keflnhut Company will be paid on August 1. 107, to atockholder of record aa they appear at the close of bust-neaa on Julv 27. 107. The transfer book for the preferred stock will bs clod July 29 to July ,31. 107, In-clunlvB.

Dl'MOVT CLARKEi Treasurer. Dated July 11. 1907. I Office of tbe United Gas Improiemcnt N. W.

Corner Broad and Arch Street. Philadelphia, June 12. 107. The Directors this day declared a quarterly dividend of Two Per (one dollar per hare.) payable July IS. 1907, to stockholder of record at cloee of buelnene June 29, 1907.

Check will be mailed. LEWIS LILLIE. Trea. American Zlac, Lead Jt SmeltiBgr Co. The Directors of the American Zinc, Lead Smelting Company have declared a regular quarterly dividend of (VO cent per eh are, and an extra dividend of 2ft centa per chare, payable Augunt 1, 1007, to stockholdera of record July 16, 100T.

8. E. FARWELL, Preajdent. MEETINGS AND ELECTIONS. A SPECIAL MEETING OF THE STOCK.

holder of The Guayaquil A Quito Railway Company will be held at the office of the Company, No. IS Exchange Place, Jersey City, New Jeraey, on the 26th day of July, 1907, at 2 o'clock P. M-. to consider the fur. ther conatructton and operation of tha Com pany's railway line and properties In Ecuador; to act on a proposal relative thereto from tbs Oorernment of Ecuador, and to authorize the proper officers of the Company to make sny and all agreements snd to do any and all thing neceaaary and proper In the premises and to transact any snd all other tiuetnea that may be brought before the said meeting.

i Hated New York. June 25, 1907. i T. H. POWKR8 FARR, Vice President Ths Bondholder of The Ouayaqull A Quito: Railway Company are 'requested to attend th foregoing meeting of the Stockholders In person or by proxy, snd to confer and cooperate with the Stockholder In regard to the buelneas to traneacted thereat.

listed New Tork. June 26, 1907. UNITED STATES MORTGAGE TRCST COMPANY. Truetee. By CALVERT BREWER, Secretary.

BANK JBLERK Wanted by downtown Bank, bright young man of good education and address, willing to start at the bottom. Address, giving' age, nationality, residence and refertnees, "BANK CLERK," Times, Downtown. SAVINGS BAlfKS. GREENWICH SAYINGS BANK, H. Cor.

eth At. and ltb St. INTEREST AT THE RATE OF FOUR PER CENT. PER ANNUM will be credited depositors for the SIX MONTHS and THREE MONTH ENDING JUNE 80, on all sums from five dollars to three thousand dollar, entitled thereto andar the by-laws, payable July IS. 1K07.

JAMES QUTNLAN. President CHARLES M. DCTCHER. Treasurer. J.

HAMPDEN ROBB. Secretary. Deposits mad on or before JULY 10, MOT, Will draw Intereet from JULY 190T. PROPOSALS. WEST POINT, N.

June 29, 1807. Sealed proposals, triplicate, will be received here until 13 o'clock noon, July id, HWT. for furnishing and Installing steam piping power bouse aad distributing system, aa per drawings sod specifications In this offloe. The United States reserves the right to accept or reject sny or all proposal or any part thereof. Forms for propoaala fumlahed apoa appllca-tloa.

Address Quartermaster. Weat Point. N.T. FORT HANCOCK, K. July H.

proposals, for Installing filtration plant at Fort Hancock. N. will. bo received here until o'clock P. August lrt.

Information furnished on appjoatten, L- reserves right to reject any aH rpoaals. Proposals should be marked PROPOSALS FOR FILTRATION PLA.VT," addressed M. N. rtUii. Constructing Ouartermaster.

V. Engineer Office, IJd and Pta. X. W. Washington, D.

C. July IS. l7.aalei proposals for dredging In Potomac and Ana-coMla Rivera, near Washington. D. will he received here until It M.

Aaguat 1J. 1T. and thaa publicly opeaed. Information fur. aUhed oa application.

Cpeacer Cosby, Major, agra. public jroTicrs. TO CONTRACTOR. CONSTRfCTIXG A FIELD OFFICE Bflt.D-INO IN THE TOWN OF WESTCHESTER CO. NEW TORK.

1 SEALED HID OR PROPOSALS WILL BE received by the Hoard of Water Supply at the office of the Secretary. 390 Bredwav, Rpom Pit. ninth floor. uiiUl 2 on Tuesday. July 2.1, 10O7.

FOR THIC CONSTRt'TTON OF A FIKLD OFFICE BnLDIN3. FOR ntVISioV SECTION F.NGINFERSf IN TUB EMPLOY r. iiuaku ur WATEn SUPPLY, IN THE TOWN OF CURTLANDT. COUNTT. NEW At the abnve pl- and boor the blda will ba publicly opened and read.

Tha award of 'tha contract. If awarded, wilt be made by Board of Water Supply as aooa thereafter as practicable. i Tbi work Is sntbnrlaed by Chapter T2. Law of IttuO. of tha State of New York, Tbe building Is to be a tww-atorr 1 and ittlo office building.

0 feet 4 Inchea by 4A felrt 4 Inches, la plan, with concrete or atone foundation, fireproof concrete vault, frame siner-structure, shingle roof, and steals heating, plumbing, and electric lighting ayatema. The building will be located nwer Varf ian's Mill, on the south side of the Peekeklll 1 follow Rosd, In the towa of Cortland Wssuhester Ounty. New Tork. The bond required for the faithful performance of the contract will be two thouaand dollar No bid will be received or considered unless accompanied 'by a certified check upon a National or State bank tit City of New York, drawn to tha order-t the Comptroller, to the amount of three Saadred dollar 7 Tim allowed for tha eemntetlna of taa awk ia a months. Pamphlet containing further tnfiirmallon for bidder, forms of brnonaal.

entra anH ImA aj-proved by the Corporation Cotineel, s44 time. iiirwiinne; ana pampnie containing 1 he con tract drswlnas ran he obtained at the of the ftnard of Water Supplyi Room fnl. at ifwp nroaoway. upon apniiraijia In person or br mall, by dennalttns the um flvalrfniian (43.001 la currency, for each pamphlet, ti ineure the return of same In good condltieni within sixty ten) days from ths data on whlbh blda are to opened. i PreelHentt CHARLRS CIUDWICK, CHARLES A.

SHAW, Board of Water Supply. J. WALDO SMITH. Chief Engineer, i THOa. HAS8ETT.

Secretary. I ATTENTION IS CALLED TO THE ADVER-tlaement In The City Record of July 10 to 24, 1007, of the confirmation bv the Board i of A. aeaaor and the entering In the Bureao for th Collection Of Aanamenta and Arreara. -of aa- KmnrniB iqr LIA AL 1 J9 KU t. SiT9 In tO BOROUGH OF THE BRONX: i 7 23D WARD.

SECTION RECEIVING BASINS. At tha aouthweat and aoutheaet cor ner of JEROME AVENUE AND SEDGWICK AVENUE, approach to the Central ANDERSON AVEtNUE REGULATING, ElRAD- INO, CURBING. FLAGGING. t-AYING CROSSWALKS. BUILDING APPROACHES! AND PIJtCINO FENCES, from Jerome Avenue to the north side of Weat ltHth Street.

WARD ING, GRADING, CURHIXG, fLaOOIN1 IA. I-U K-WALKS. BUILDJ-V APPROACHES, AND PIACINO i FENCHa, between Longwood snd Intervale Avenue. RECK HTKEKT REGULATING. GRADING.

CURB. ING. FLAGGING LAYING CKOHS-WALKS nuiLPINO APPROACHhW, AND PLACING Kl-fcJj, rrom JToepect Avenue to tyeggett Avamie. VF.l.T.T IITH IPITr (t IT.nt VII CROHH-WALKB. RT ILI'ING APPROACHKH, Ann rbAt.i.iii rKMKD, rrom froapecit avenue to Lescettl Avenue.

CYPRESS AVENUE OKAlJINri. CUR HI FLAGGING. LAYING CROSS-WALKS. WILD ING APPROACHES, AND PLACINO KENCfcM, rmm Earn Mist street to St. Mary street.

24TH WARD SECTION 11. WENDOVER AVENUEREGULATING. GRADINO. CURH-ING, FLAOOING. LAYING CROSS-WALKS.

BUILDING APPROACHES, AND PLACINO FENCES, from Crotona Park to Boston Road, HERMAN A. MKTZ. ComptrSUer, City of New York, July 1907. Pl'BLIC NOTICE IS HEREBY OlVWi TO the owner or owners of sll housea and lots. Improved or unimproved lands affected thereby.

that the following propoaed aaaeaament have been completed and are lodged In the office of the Board of Assessor for examination all persona interested, vis. BOROUGH OF THE BRONX; List 0347. No. 1. Sewer and aoDUrtenarioes In East One Hundred and Eighty-third Street, be tween Morris and Creaton Avenuoe.

List Bttta. No. 2. Sewer and annurtenaneea In Whltlock Avenue, between Longwood Awnua ana Hunt Point Road, and In Tiffany hlreet. net ween soutnern Boulevard and Whltkwk AT nue, and In Ha ret to Street, between Southern Boulevard and vVbltlock Avenue.

List No. 8. Receiving bsaln and appur. lenancea on tne nnrtnweat corner or King bridge Rosd and Creaton Avenua. I All persons whose Interests are a (tented bv the above-named proposed aasessnwnts, aed.who wjjf'eru inn noiitf, or ri i nor 111 ii in, are requested to present I heir object Ions, ifl writing, to (he Serretsry of the Hoard of Assessors, No.

H20 Hroadway, New York, on or before August 1ISI7, at 11 A. at which time and place tha said objections win he neara. sna testimony re- caiveu in reterence tnereio. A NTONTO 7tTCC A. PAUL WEIMANN.

JAMES H. KENNETJT, Board of Assessors. WILLIAM II. JASPER, Secretary, So. 820 Brosdway City of New York, Borough of Manhattan ii, lisjT.

OFFICE OF TUB DEPARTMENT? OF Parka Arsenal Building, Fifth Avenue and Sixty-fourth Street, Borough of Manhattan, the Cltv of New York. SEALED BIDS OR ESTIMATES will be received bv the Pork Board at the above (office of the Department of Parka until a' cluck P. M. on THCRSDAY, JtXY til, 1907, Borough of Brooklyn. For furnishing all the labor and materials necessary for the erection and completion of piaygrouna apparatus in MCL.ugniin park.

Borough or Brooklyn, together with all! work incidental tnereto. For full partlclara see City Record. MOSES HERRMAV. President; JIIPKFH I. bKKKI, MICHAEL J.

KENNEDY. Commissioners or Parka OFFICE OF THE DEPARTMENTS OF Park. Arsenal Building. Fifth Avenua snd Slaty-fourth Street. Borough of Manhattan, the City of New Tork.

I SEALED BIDS OR ESTIMATES will received bv the Park Board at the above office of the Department of Parks until I otclock P. M. on I THCRSDAY. JULY M. 1S07, Borough of Quoeoa, i I For furnishing all tha labor ami materials necessary to pave with asphalt tiles the walks In Kings Park.

Borough of Queens, together with all tbs work Incidental thereto. For full partlclara see City Record, MOtiES HERRMAN. I President; JOSEPH MICHAEL J. KENNEDY, Commissioner of Part a OFFICE OF THE DEPARTMENT! OF Parks. Arsenal Building, Fifth Avenue and Sixty-fourth Street.

Borough of Manhattan, the City of New York. SEALED BIDS OR ESTIMATES wilt be received by ths Park Board at the above efflce of th Department of Parks until o'clock P. M. on i THURSDAY. JTI.Y SS, 10,7.

Boroughs of Brooklyn sad Qoetma, For furnishing and delivering llmeatone and limestone screenings in parks la tbe Boroughs of Brooklyn and Queena 1 For full partlolare see City Record. 1 MOSES HERRMAN. 1 President; JOSEPH it BERRY. MICHAEL J. KEXNEDT; Commissioners of Parks.

DEPARTMENT OF BRIDGES. NOB- 11 TO Zl Park Row, Borough of Manhattan, City of New Tork. I SEALED BIDS OR ESTTMATTCrJ wtTI received by th Commissioner of Bndgss at ths above office until 1 o'clock P. M. on TCEADAY.

JULY Wl. For the construction of trolley railway approaches to the Brooklyn Bridge, la tne Borough of Brooklyn. For full partlclara see City Record. I JAMES W. STEYENSOy.

Commissioner ef Brides Dated July lw. 107. I DEPARTMENT OF BRIDGES. NO. 11 TO tl Park Row.

Borough of City of New York. SEALED BIDS OR ESTIMATES win be received by the Commissioner ef Bridges at the above office until 1 o'clock P. M. on TCEsDAY, JULY tS. ItOT.

I For removing columns at Sands and Washington Streets, In the Borough of Brooklyn. Brooklyn Bridge. For full partlclara see City Record. 1 JAMES W. BTEVENSOV, Commissioner pf Bridges.

Dated July It. m7. DEPARTMENT OF BRIDGES. NOS. 1 TO tl Park Row.

Borough of City of New Tork. I SEALED BIDS OR ESTIMATES wUI be received by the Commissioner of Bridges at the above office ontll o'clock P. M. on I TUESDAY, JULY ta. Iw7, Tor making teat borings at tha stte of a new bridge over th East River, betweaa toe Borough of Msnhsttan and Brooklyn.

For full partlelar ae City Record. I iJAMEs) W. STEVENSO. Commissioner of Bridges, Datsd Julv U. 17.

I DEPARTMENT Or DOCKS AND FERRIES. Healed bids or estimates for laying asphalt pavement oa the pier foot of West Tid Street. North River, aad on new made land thereat-also at approach to ittth Street Ferry Terminal at Whitehall Street Borough of Manhattan, and also at approach to Stapteton Parry Term-I rial. Borough of Richmond. (Contract I.r7H.) wUI ha received by tha Commissioner of Docks at Pier A.

Battery Plaee, until IX o'clock Boon oa Friday. July 19. 1S07. 1 (For particulars see City Record.) -1 DEPARTMENT OF DOCKS AND PERRIES. SEALED BIDS OR ESTIMATES FOR BUILD-tng freight sheds oa Piers Noa and and oa ths adjoining bulkhead platforms between Little West U'th aad West 14th Streets.

North River. Borough of Manhattan. (Contract No. I.t5, win be received by the Commissioner of Docks at pier Battery Place, antli IS o'clock (nooaV Frl- July t'o particulars see CUT Record. PUBUC K0TICXS.

KINTH JT DICIAL DISTRICT, i WESTCHESTER OOCKTT. KENSICO RESCRYOTJR, r'-Saotioa S. NOTICE or APPUCATION FOR THE AP- 1 "OINTMENT OP COMMISSIONERS OF APPRAISAL. hb' given that tt ss the Intention of the Corpora uoa Counsel of the City of New York to make application to the Supreme court of tbe State Jr New York for too appointment of Commissioners of Appraisal under Chapter 7U4 of tha Laws of lK aa amended. KucB at nitration win h.

Special Term of tha Supreme Court- to be beM In snd for the Ninth Judicial District. AT THS Sni.UI. HOUSE IN THE VILLAGE WHITE PLAINS WESTCilESTERUrTTY. AT 10 O'CLOCK In. th forsaooa ef that day o-as soon, thereafter as coens4 osa be heard.

object of such application la to obtain am order of tbe eeurt appointing three disinterest-J one of whom shall reside In the County of New York, aad at least one of whom shall reside ta the county wheeo the real estate hereinafter described ta situated, to act ss Coatmlselonara ef Appraisal ender said set snd dlsrhars all the dutlea conferred by the said tew sod th acts amendatory thereof upon, surh CommlssloasTe 0.APp".l, tnr purpaaa of providing eaj additional supply of pur and wholesome water for the City of New York. The real eststs sought to be isksa er effort- sd Is sltuata.1 in lha Town of NortS Cssllo, la the County ef Wsatehsster. sad State of Ksw ork. The following le 4 brief description of the) real estate sought to bs taken, with a f- erenee to the date and plaee of tiling ef the Sp! i All those certain pieces or parcels ef real estate situated in tha Town of North Castle. Count tVAMfhKu.u PIBlf HWW SOTS, fhown on a map entitled Southern Aqiieduet prartmenL Section I.

Hoard o( Water ouppiy of xne city of New Tork. Map of real estate Situated In th Town of North Castle. County of Wsateheater. and Stat of Near York, to be acquired by the City of New tha Laws of 1905. as amended, for the eon.

f' tructlon of Kenalco Keservolr aad appur- tenancea south of Kensloo Dam, between the Jf H. Harlem Division, and Valhalla Avenue." which map waa filed la thai office of th Register of the County of West- cheater, at Whits Plains. New York, oa the sad day or ApiiL 1007. aa Map No. l.TU; and la bounded and described as follows i Beginning at tha northeast corner of Farcet No.

IKS In the westerly aid of Broadway. In th la northerly line eowih 2 J5 r. 21- Pnt In the centra Broadway: ihenoa along tha centre Una of said road and tha easterly Una ef Parcel No. S1 courses snd distances: South 4a 04' east 40 6 ft, ouih 22' east 104 1 't. south ,7 OS' east 14H.1 (set, smith I a south 1 4T esat 104.7 feet, south 87 -11 saat 4S.5 feet and south 29' oft' east 5.4 feet thane along the easterly line of said parost snd still com Inning along the centra of Broad- wav SOIIIH 91, IA Ill Ma.

21 feet, south Zi U' east OAS feet, south 17 IU' sast 7 feet and aouth 2 a point In tbs northerly Moe of Parrel No. IMS- thence along th said northerly line north 7t Bfl' east U.fl feat te thai north weat corner of Paroal No IDS; thence oortherly lino of said parcel north 7' Sfl east 127.4 feet to a point la th westerly Una of Parrel No. 1M: thsnce along the said weaterly Una north 41 28' east 14. feet, north 24 30' east feat and north IS west .11 feet to ths southwest eorner of Parcel No. 167; thence slung the westerly Una ef said parcel north 13 60' weat 25.2 feet and north ft' west 11.2 feet to the southwest corner of P.nwl Ma IMS a 1.

1 line of said parcel north 3ti OA' weat 87 feet, north 21 42 west M.1 feet, north 1 fxT west 00.5 feat snd north tl 13' wett 616 fast to th northwest corner of aald Parcel No. 100; invar, iit tivi ijoj um ox Him nonQ m' uT east 13 feet to a point In tbe westerly Una of Chambers Avenue and tha northerly line of Parcel No. It; thence along the ssld norther! line north 00 67' east 4.4 feet and north fcA Ol' east 61.9 feet to tha nnrthw-at corner of Parcel No. 194 In tha easterly line of Chambers Avenue; thane along tha north-' erly Una of said jrrel north h6 01' east 6 feet and north 82 id' east 110 feet to the northwest corner of Parcel No. IMS; thsnce slong th northerly line of said peroel north t2 if east bd.5 fset to a point In the southerly tins of Sa Avsnus; tSsnu slong th said line' and still conunulng slong ths northerly line of Parcel No.

InA, north HI id" east 1.1 fast and north Htt east 4N.7 fast to a point In th northerly line, of Paroal No. IMS, In tha wastsrly Una of See Avenue; thancei along aald northerly lint north sast feat and north 4 25' esst.lt feet to a -point In th easterly Una of said Sea A Ten us tnenoa north 04 2V east S7.8 feat, partly ikmf th northerly line of Parcel Noa. las and I'M: thence atlll continuing along tha northerly line of Parrel No. 1M south Mr la east 41.4 feet, north 7 at east 43.11 feet and aouth SI Ol' east 40.S fset to ths eorlheaet osrnar of aald iarcal; thanes along tha saatarty Una of sama anil tne aasivrij lines x-arwia nam. jai sua 1M south 0 03 west 41 ft to a point in tbe northerly tins of Parcel No.

17T tn the souther- said lines south 66 AT eaat 89 1 fe4 th northeast corner of Parcel No. 177 at the aouthwaat corner of Chambers and Valhalla Avenuea; thence along tbs westerly line of said Valhalla Avenua and the easterly Una of Parcels Nos. 177 and on a curve of lit feet radius to the left 117 feet to the north sast comer of Parcel No, 170; thence along the easterly line of said parcel aad of Parcel No. 180, and still continuing along the westerly i line of Valhalla Avenue south tl 69' sast t4. feet to the southeast comer of said Parcel No.

I 180; thence along the line of aald parcel south 55 03' west 1.10 feet te a point i In ths easterly lino of Parcel No. li; these along tha said eastsrly llns south S4 63' eeate 160.7 feet to th southeast corner Of sarae: i thence along the soutbsrly 11a of said parcel" aouth en 6r west 141. feet to a point la th northerly UnC of Nsthermont Atrsnu. in tha easterly Una of Parcel No, 1M; thence along 1 tha aald easterly line south 0 68' west 1M i feet to' the northeast eorner of Parcel No. IS-) In tha westerly line Ol aaio avenua: in.

along tha said wester) line or aaia parcel, an. erly Una of Parcel No. tlaulng along tha weaterly Una of Nethernwmt Avenue and tha easterly line of Pascal No. I ISO. and along the easterly line ttt Parosie Nos.

lito. 141, 18, 12U. 181. and 182, crossing I HUlandafe Avanue south 00' west 402. feac to the southesjst corner of Parcel No.

1J; thence along the southerly Una of aald parael sooth 7 17 eaat 141.3 feet to tha aort baavat 5 corner of Parcel No. 131; theno along easterly una of said parcel south II 14' weet 26Z.3 feat and south 6' KT west 43. feet la ths southsset corner of said parcel; thno along the aoutherly Una of sama south 43 47' weat 100 feat to tha southeast corner of Parcel i. i. i i.iw 1 iinv Mivrff nap llui Jt nA4w.

Kn i.u. k. i Una of said paroal south 3 4P weat 41.S fast to ths southwest eorner of said paroal; theno along th we tarty llns of sama and tha an-st rly Ilk ef roadway th following eesrsss aad fi i xrn i. ov aa. .1 H2' 64' weat 1114 feet, north 13 3' wast 6A.4 feet, north if S3 west 66 feet, north I bT west 74.5 fs-4, north 0 eaat 12S fast, snd north 4 11' sast 170 1 fset to a uist ijs in souiasriy tine or fa reel jun, inn; in along ths said llnat north 47 83 weat test to tne soutnwest eorner of sm narci along th westerly Una of earns and still ll.tii.

llnnv Ik. SMtMl. II way, rserossiBaT Hlllandal Avaau. north OS east 043 5 feet to th south saat corner of Parcel No. '181; thane slong i tha aoutherly 11 of said parcel ta follow- Ing courses ana oistanoas: porta Tt- IS" wast 411.7 feat, north 71 06 wsat M.1 fawt, north Tl, woa feet, north IA wsat 121.4 feet, south 2X weat aiaVt ae I and south SS 15' west BLS feet to the south east corner of parcel Wo.

,193 ta Kensiea Ave- nuc; thence along the southerly tin of said parcel aouth 73 00 west 62 1 feat to a pert In the weeterlv Una of aald avenua at tha aontb- eaat corner of Mo, 104: theoee along th aoutherly Una of aald parcel north TO 4tr wast 100. feat to th southwest eorner of said pa real In tha eastsrly property Una of th N. Y. C. 4s H.

R. K. R-, Harlem Division, snd runuin' theno along tha aald property Una and th weateriv Una of salt Parcel No. 14 and Pas- eale Nos. 1S snd 1PI en a eurv of lf4a.t feet i.

radius to the laft Zas.a feet to a pout la th -start Una of before ma ot toned pareai Ne. 161; thane along th said tin and still eon- tlnulng along th bafore mentioned easterly -raliroad proparty 11 oa a eurr of 1,043. 1 feet radius to th left 424.S fset to a point tn th i centra of Brona River; thane along th can- tr of aald liver and stIU continuing along th eald eaatarly railroad property Una. aad along th Una between th Towns of North CU and Mount Pleasant south 64 SI east lLg i fset and aouth S3 67 east 30.4 feet: tkano atlll rontinuliuK along ta centra of said rtvwr and said town Una tha following course aad dlstanoaa: South n2 63 aat 102.6 feet, aarth 43 2H' east tot feet, aouth 78 66' east T-l 4 feat, south TV 00 east 63.3 feet, north ta 37 aet 111.6 feat, north 71 13 ea 5 4 feat, north 18- eaat 63 4 feat, north bo east M.t feat. 1 north 64 ST east Ml teat, sad north 43' IV east U.

fast tar the south weat oomar of Far--; cal No. lt; thatto along th westerly tin ef i aid pared north 41 15 east 11.3 fast aad north 16 14' east 42.1 fat to th southwest of parcel no. iw; tcno along ta westerly Una of said parcel and etui eonunnlnf along th arntre of said Bronx RJrar and said town Una north 15 34' sast 81.1 fset te th northwest corner of said parcel thanes a nag tha northerly Una of sama south as IS eaat 1ST 0 feat to th point or ptec ot be (inning Th fee Is to bs acquired br Th City of Near York la all real estate contained In th abov desert pUoft i. Ttcfsrso.ee Is hereby made ta the aald sap, filed as aforesaid, tn th offloe of th Register of th County of Westchester, for a more da- tailed aeecrlption of tn real estate to be take. Included within th foreajolJm description and shown on tbe man filed aa aforesaid Is carta) real aetata now devoted to highway purposes.

whfr-h aald real estate la be acejv uira tn re by Th City ef New Tork. as ehown on said snap tanludaa wittua tn slK una. Ther is also snow en the said snap ftiad as afore-atd other real ss'ata la be aoqulrad ha fa by Th City of New York, which It pra- posed ta substitute la pbac of tha hlshways hs acauleed In rest aa m-ntlnMit. mmA line and toe eaatarly a pmnij ui om on a curve of 314.6 KO tf rt ill i th perpetual naa sf such real eatate ta be ae- for tha new hlgbwsys la to allowed th public Socn now roads er highways ra- fcrred to In this notiee are shows ea said -asp. Dated June S.

1007. WTLLtAlf B. -eXLISOif. i Oof potation Counsel, i OtTlca and post Offlc Adereaa. Hail af Rao- art! a.

Comer of Cbambsrs and Centra ftrvets, Borsturh tf Maahatun. Ksw XerS i -r'- I.