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The Wall Street Journal from New York, New York • Page 9

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New York, New York
Issue Date:
Page:
9
Extracted Article Text (OCR)

4: At THE WALL STREET ORNING. JANUABY 7, 1 918. COAL OUTPUT AVERAGED ABOUT 55 OF NORMAL ANTHRAOITE DISTRIBUTION. AND PRODUCTION 1 SEDUCED BY COLD SPELL GOVERN-' MENT WANTS MORE BITUMINOUS AnthraeiU Operators' Committee Predict a Freer Move- ment Soon With Government Operation of Rail' 1 roads Consumers Clamorous for Coal, and Frozen Up Condition Make It Impoeeible to Meet Demand estimated, not more than 50 to 60 of normal during the excessively low temperatures of the past 10 days. In New England the thermometer has ranged from zero down to as low as 26 to 80 degrees below.

The cold snap has made buyers and consumer; crazy for coal, and there is no doubt that there has been Buffering, especially in the large cities. It 1 doubted, however, whether all wants could be supplied promptly, if the dealers had plenty of coal, became of slowness' in delivery owing to lack of men and the icy- condition of the streets, and the fact that co many of the consumers want coal at once, move coal in the direction of the greatest distress. Steam coal destined to manufacturing plants was diverted into retail yards for domestic consumption, the practice being almost general over the Mississippi Valley. In some places the railroad situation is easier because of improvements under governmental control. The movement of coal has been simplified.

OOAL BLOCKADE IS PRACTICALLY BROKEN NewYorlcere Not. Yet Able to Get All They Want, but Supply Ie Inereaeinf Favorable Weather Needed to Facilitate Deliveries Notwithstanding the disappointment of local dealers and consumers in Manhattan in obtaining the coal they desire, the coal blockade has been definitely broken. This does not mean that all danger of shortage has been averted, for New York is the most hand-to-mouth community in its use of both food and cool in the country. Deputy-Director of Railroads A. H.

Smith says that the railroads will have to keep up the coal struggle all winter. But with anything like favorable weather New York and New England will within a few days have sufficient coal for both domestic and industrial purposes Furthermore, the bunker coal situation is improving and the hundred or mora ocean-going vessels tied up in New York Harbor are receiving coal and will shortly begin as their bunkers are filled. Including coal delivered to pockets on the west side of the river after Friday noon, coal moving in barges up the bay, that at terminals on the Jersey shore and that within 48 hours of tidewater, the greater city has ten days' supply in sight It never has more than three day' maximum consumption in hand within the city limits. In aero weather the needs 45,000 tons a day. Iryjuded in the coal in sight just mentioned is up wardr.ijf 60,000 tons on the 70 barge released from the Jet alt Btaten Island late Friday, 226,000 tons in cars at tkUater points, ready to be dumped into barges, between 80,000 and 90,000 tons within 24 hours of New York tidewater and another 70,000 tons or more within 48 hours.

Of course the crux of the matter just now is ice in the harbor and the labor with which to fight the ice. Reeve Schley, county fuel administrator, is less optimistic than the railroad officials. He asserts that of the coal released from the ice on Friday, only about 17 was for New York City, the remainder going to New England and Long Island points. Mr. Schley says that moderation in the weather alone will bring complete, relief.

Much of the coal coming to tidewater will have to be ent on to New England, but the Washington authorities have been appealed to lor assistance in breaking the ice ut of the Delaware River where very lares number PLATE MILLS SOLICIT EARLY DELIVERY, ORDERS Sbem Offered Not Usually Used for Ship Wage Adjuet- Mmt Skowe 2.0 Je. a Pound for Bar, or til Below Goemment Price Pittsburgh At least half a dozen mills are soliciting orders for plates for early deliveries, at the set price of 3 -25c The sites offered are not such as are generally used in shipbuilding, ship plates remaining scarce. The bi-monthly wage adjustment for the iron mills shows an average realized price on bar iron shipped from the selected mills in the central West in the 00 days ending December 20 of 2.96c a pound. This is $2 a ton above the price shown in the preceding 60-day period, $31 a ton amm titan lk MBLfc UUbiMntul Tnk and Not only production but the distribution of anthMF fo mmt. thmrm.timr tm the cite has been materially affected by the severe weather Government price.

This makes one wish there were simi-this week. The movement -of cars has been Impeded, lar wage adjustments for the finished steel industry, as barges around New York have been held up by the ice 'he f.te "ting to bar iron are a trifle startling. The ii Puddling rate for January and February is therefore $14.80 and deliveries by the dealers in the streets have been per whn- 8 BOc bar r0B wouJd be 05 handicapped. Output at the mines has averaged, itis and the wages before the war generally ranged from $4 to fb.60. Transportation conditions as affectinir the iron and steel industry have been generally woTse during the past week.

Car supplies at coke work and coal mines have not Improved, and the amount of coke and coal in transit has Increased, receipts at blast furnaces and steel mills being very poor and resulting in a further curtailment In production. The continuance of he set prices for iron and steel to March 81 was generally expected in the Industry, but a revision by that date, downwards of course, is now considered almost a foregone conclusion. The nroviso in serted in the Government's announcement, that contracts Hi. rknontxv' fnmmitt hiu nredicted I TicX to be made for later dellverv excent with a stinnla that there will be a freer movement of anthracite shortly, jn adjustment, was to have been expected, with the introduction of the Government plan fir operation of the railroads. In total production and shipments practically all of the big coal companies in 1917 showed 2J" 1" k.T:uV" Instances the operators are now endeavoring to make up the shortages and thus iron out sundry inequalities of distribution.

It is considered noteworthy that some of the big com 1 panies in December nearly equalled their tonnages of a year ago, in view of the adverse weather conditions. The cold weather resulted in the freezing up of washerics and at times the men could not work at the breakers. Barges in the North River whose destinations were towns up the Hudson River were held back by the ice and the of nnloadinor them is a slow one, Bituminous operators report that the Government is commandeering an increasing amount of coal. The Shlp- ninff Board has unred that all coal vossible be sent to Am oy and Philadelphia as bunker coal is urgently needed for merchant shins for export business. Other Government priority orders are absorbing most of the bituminous ton nage and many more factories which cannot get coai nave been obliged to close.

This is particularly true of industrial concerns in the East. A new phase has developed jin that pome concerns have received notice from insurance companies that unless they can get enough coal so that their sprinkler systems would operate their insurance is liable to be cancelled. Some efforts are being made to relieve the congestion with rasneet to coal shipments, but as noted last week there are many loaded cars of coal standing slong the tracks. Much complaint is heard in the central Pennsylvania region and on the Pittsburgh division or the Pennsylvania Railroad. Some cars have been gathered up, however, and the New York Central is said to be handling coal ship ments fairly well in the mining regions it serves.

Bitu minous production has been curtailed by the cold weather but the big end of the difficulty it is claimed is the matter of transportation. Despite the pnce-flxing the production of bituminous in eleven months of 1917 equaled the poor year 1916. Chicago Black Diamond Bays: It is hardly likely that the country will have any more distressing experiences for coal than it has passed through during tho past week. In the West the distribution of coal was not accompanied by any disorder. Important cities in the Mississippi Valley were practically without coal or on very short supply, and every possible effort was made to the "beating the game" in the matter of coke contracts for the present half year having been somewhat notorious.

If adequate transportation facilities were furnished rfTTIth. iron and steel industry the result would nrobablv be tain communities or customers there are cases where ship ments the past year were not up to 100, and in such though pig iron, plates and structural shapes promise to continue scarce indefinitely. U. S. GOVERNMENT IS PRESSING STEEL MILLS FOR SHIP PLATES Rock liland Anenal Distributee Orders for 1 1,000, OOO Worth of Machinery Tool Makere Overbalanced With Business Although Capacity Increased Heavy orders for steel plates and shapes for shipbuilding continue to be placed by the U.

S. Government and plate mills are being requested to notify the Government to what extent they can increase rhipments of plates on contracts already awarded. Canadian shipbuilders have also come into the market for steel plates and shapes, and have secured a small tonnage from steel mills on the lakes. Heavy specifications are being prepared for steel sheets which the Government will require to be shipped to manufacturers having war munition contracts. Almost all the new orders in tho markets for rivets and Bhafting are coming from the U.

S. Government Cleveland manufacturers have also taken orders for a moderate tonnage of billets on Government account Machinery manufacturers have received inquiries for cranes -and -machine tools from the-Sound SMpbniMrng Company, successor to the American Arms and U-Boa Corporation, that is preparing to build a ship plant at City Island, N. Y. The main feature of interest in the machinery trade, however, is the distribution of $1,000,000 worth of orders for tool to be installed at the Rock Island Arsenal. Some of these tools cannot be dolivered until next June; so great is the pressure upon manufacturers, although most of the large plants have increased rapacity from 60 to 160 in the last twelve months.

The American Can Company has finally closed for 50 lathes to be used in shell making at the Edgewater, N. plant The American International Shipbuilding Corporation has placed a few more orders for cranes for the Hog Island riant, and the Lehigh Valley Railroad has taken bids on a number of traveling cranes. One new inquiry calls for 17 pneumatic hammers for export to France. barges and vessels loaded with coal for New England are held in the ice. There is aloo a large stock accumulated at Hampton Roads, whence New England ordinarily draws a large proportion of its coal.

There are plenty of coal vessels waiting there, but a serious shortage of labor for loading. batv SHIPPING OUTLOOK WORSE Continued Decrease in Offerings of Unchartered Vessels, and Fuel Shortage Ts Felt The shipping situation so far as exporters are concerned is daily assuming a graver aspect owing to the steady decrease in the supply of unchartered ships available for prompt or future delivery and inability to move available vessels owing to lack of fuel. Notwithstanding the fact that a considerable supply of bunker coal was re leased late last week, so much shipping is tied up in New York harbor for want of coal that the amount of fuel available is practically negligible for the purpose of re loading the shipping now held here. Orders are plentiful, especially for trans-Atlantic voyages, ana rates remain strong, out cnarcermg nas dwindled to almost nothing for the reasons stated. Chartering is light in the sailing vessel market trading being largely restricted to the West Indies and South America.

NO V. S. SEIZURE OF COlAL MINES Washington fuel Administrator Garfield says that the Government is not contemplating seisure of the coal mines of the country. He made, it clear that the Govern ment is satisfied that sufficient control is now exercised and that nothing could be gained by putting the additional burden on Federal agencies. "Nothing will be done this winter, anyhow, said Dr.

Garfield, "and if the railroad situation works out in the way we all hope it will it may never be necessary to take over the coal mines. Control will be practically absolute under the new sone system." It was pointed out by the Fuel Administration, that the Government now has sufficient power to break con tracts, requisition fuel supplies and fix prices. Blast Furnaces Banked Sharon Because of the shortage of coke the Shenan- go Furnace Co, has been forced to bank two of its three I fast furnaces. Conditions, as regards delivery of coks re at the present time worse than they have beep at any time in history. Twenty hot mills of the American jSheet COPPER PRODUCTION.

LAST YEAR POUNDS STRIKES LOWBRED AN EXPECTED RECORD OUTPUT TO POUNDS LESS THAN 1916 RESULTS Most Severe Lose Woe the Anaconda, With Estimated Yield of 153,000,000 Pounds Against 830,000 flOO Porphyries, Except Nevada Consolidated, Not Affected and Gave New High Totals Boston Ambitions for a record production of copper during 1917 failed as a result of the widespread strikes in July and August, which affected practically all mining camps of the country. Notwithstanding this, the leading properties turned out 'a smelter yield of approximately 2,146,857,677 pounds of copper, against 2,202,751,761 pounds in 1916. There were a number of newcomers in the producing ranks during the past year, the most prominent being tho New Cornelia Copper controlled by the "-alumet A Arizona Mining Co. This new property, which started about mid-year, contributed 20,000,000 pounds to the year's copper output The severest loss sustained by any of the properties closed down by strike was that of the Anaconda Co. Its estimated output in 1917 was 258,000,000 pounds, against over 830,000,000 pounds in the previous year.

'Inspiration was a big loser, -turning out but 80,050,000 pounds, against close to 121,000,000 pounds in 1916, while the Greene prop erty tn Mexico furnished less than 80,000,000 pounds, comparing with over 0,000,000 pounds in 1916. None of the so-called porphyry group was affected by labor trouble, with the result that new high totals were reached by all except Nevada Consolidated. The Jerome camp in Arizona also made wonderful forward strides, as evidenced in the big gains shown by both the United Verde topper Co. and United Verde Extension Mining O. We append the estimated 1917 output of individual properties, many of the figures being furnished by the companies themselves: New Cornelia Con Arizona Magma Arisona Iron Cap Cop Copper Range Quincy Mohawk Wolverine Hancock Cerro de Pasco Cuba: Estimated Arizona 1917 Phelps-Dodge .....165,000,000 Inspiration 80,060,000 Ray Consolidated 92,200,000 United Verde 70,000,000 United Verde Ext.

60,000,000 Calumet Arfeona 69,250,000 84.000,000 21,085,691 12,158,705 6,200,000 19,500,000 10.258,000 4,000,000 6,000,000 Montana Anaconda .253,000,000 North Butte 14,006,000 East Butte 19,500,000 Davis Daly Butte Superior. Utah: Utah Copper Ohio Copper Utah Consolidated. 9,000,000 Binfrham Mining 615.000 Iron Blossom 950,000 Michigan (Lake) Calumet A 79,266.484 45.299.173 21.600,0$) 12.142.38ti 5,163,979 8.500,000 Ahmeck 28.1R3.024 Allouez 9,039,660 Isle Royale 13.543,648 Osceola 16,189.856 Superior 2,122,736 White Pine 4.154.220 Adventure 700.000 Mass Consolidated. 4,000,000 Centennial 1,790.056 La Salle 1,741,806 Franklin 8,200,000 Winona 1,494,472 Victoria 1,578.716 South Lake 500,000 Houghton 179,000 Nevada: Nev Consolidated. Mason Valley 1916 Changes 152,268.729 Inc.

12,736,271 120,772,637 Dec.40,722,637 74,983.540 Inc. 17,216,461 68,299,573 Inc. 11,700,427 86,402,972 Inc. 23,597,024 74,898,788 Decl 5,648,788 20,000,000 Inc. 20,000,000 Miami 42,000,000 Arisona Copper Old Dominion Shattuck Arisona Shannon 84.800,000 90,735.287 Dec.

6,935,287 13,638,000 Inc 13,638,000 Consolidated Cop 9,600,000 Blue 7,787,000 New Mexico: Chino 83,800.000 Santa Fe 273,027 Miscellaneous: Kcnnecott 0,668,000 Tennessee 8,000,000 8 Smelting 21,400,000 Empire Copper 4,145,000 Mother of Al. 1,300,000 Iron Dyke 1,428,922 Estimated Imports: 1917 Granby 87,934,626 Canada Copper 4,325,000 Howe Sound 18,000.000 Canadian Copper 40,000,000 Mexico: Greene-Cananea 29,860,000 South America! Braden 64,024,000 Chile 89,420,000 53,433,863 Dec.11,438,863 47,884,000 82,507,042 Dec.11,421,851 18,161,763 Dec 6.00S.05S 9,364,968 Doc. 3.1 64.96 11,989,139 Inc. 7.570J61 8,473,580 Inc. 1,784,420 4.178,474 178,471 1371,671 Inc.

8,128,329 831,893,273 Dee.78,898,273 24,498,181 Dec.10,492,181 18,340,713 Inc. 4,161,012 Inc. 4,161,012 1.900,000 2,890,416 Dec 490,419 .204,800,000 187,531,824 Inc. 17,268,176 6,400,000 Inc 6,400,000 12,211,118 Dec Sill.llS 736,992 Dec 121.992 973,342 Dec. 23,342 83,368.860 Dec 4,102.376 64.747,498 Dec.

9,448.325 21,065,612 Inc 434,388 13,834.034 Dec. 1,691,643 6,185,753 Dec. 1,021,774 2,824,984 Inc. 675.066 24.142.158 Inc 4,040,866 10,219,290 Dec. 1,179.63) 12,412.111 Inc 1,131,537 19.586,501 Dec.

8.396,645 8,034,856 Dec 912,120 4,207,449 Dec 53.229 Inc 700,000 4,450,000 Dec. 450,000 2.867,400 Dec 877,344 1.380,352 Inc 860,954 8 16,566 Inc 83,434 2,167,255 Dec. 672,783 1,661,832 Dec 83,110 139,607 Inc 860,493 204,274 Dec 25,274 1,196,702 Inc 8.308,29t Inc. 7,787,000 72,849,608 Inc 11,450,492 2,098,867 Dee. 1,825,840 108,872,785 9,404,295 Dec 1,404.295 28,888,093 Dec 7,488,094 4,190,000 Dec.

45,000 1,183,927 Inc 116,073 2,280,729 Dec 811,807 1916 Changes 44,702,164 Dec 6,767,638 6,196,239 Dec 871,239 16,288,835 Inc. 1,711.165 86,000,000 Inc. 4,000,000 62,000,000 Dec.82,140,000 42,168,270 Inc. 21,870.730 45,114,000 Die. 44306,000 72,000,000" 71,024,000 Inc.

976,000 Cuba Copper 6.600,000 6,676,949 Dec. 75,949 Total 2446,857,6772,202,761,761 Dec.56,894,084 FOOD DIRECTORS TO COXFEIt Representatives From the States to Meet in Washington January 9 and to Discuss Situation Washington Federal Food Administrators or their chief assistants from all the states will be in conference with the Washington officials of the U. S. Food Admlnis- tntion Tuesday and Wednesday. January 8 and 9.

Such conferences are held every two or- three months in order that problems of the Food. Administrations as they pro- tent themselves in the various parts of the country may bo discussed, and a consistent line of action be determined on. This will be the first Instance at which representa tives from every state in the Union will present at the ii Tin Hat Co. closed because of a scarcity of tin I same meeting, and many matters of importance will be dlsrnsatil vssvv snssawwssv i AUTOMOBILE IALON Hotel Astor-Jan. 1 9 SPLENDID and majestic motor creations amid attractive surroundings," with every opportunity for uninterrupted admiration and choice.

EXHIBITORS IDOLS tkiwrrt CUNNINGHAM DANISU KL'BAY NEWSPAPER SPECIALS FACtOL tISGUt LANCIA London copyright epecisl to the World ouotii.a pamphlet written by Andrea Cheradame, an authority on Pan-Germanism, points out that in three years the domain of Prussian militariera has increased from an area of 540,000 kilometres Inhabited by people to an area of square kilomtre containing 80,000,000 people. Cheradame adds, "As things stand today, the territorial dream of the Pan-German is practically He also says that the fall in alue of the German mark is a sign that Germany has bet. harder hit by the war financially than England or France; that the value of Germany's occupied territories approxi mates $23,000,000,000, based on the proportionate esti cellation of this debt Director-General of Railways McAdoo says: "We've irot to eet a new vnirit in the railroad men of the United States. We've got to make them understand they can get a square deal I am told by railroad men executives and employes alike that the spirit has not been good in the past It will take time for the spirit of general co-operation and working together to be brought about but I think it will come. An immense amount of good can be obtained, a big step forard taken, when you eradicate suspicion." J.

P. Morgan Co. announced that public offering of the 40,000,000 one-year 6 American Telephone notes will be made next week, on a 7 hasis. Of the total issue $25,000,000 will be used to reimburse treasury for expenditures made to meet war requirements, and balance will redeem, on February 1, the 4tt notes maturing on that date. Gross revenues of Bell Telephone system, in 1917, were $302,000,000.

Number of stations is 10,484,000. Russia again realizes the need for continuing Ihe war, according to a Petrograd copyright special in World. The country has been swept by demands for peace but that is changed. Foreign Minister Trotxys war speech before the Soviets on Wednesdsy night was better received than any speech of Kerensky had been, and the majority of the delegates said the soldiers are eager to return to the front Alwyn Court, 12-story spartment house, on southeast Mirriffr at 7th Avenue and 58th Street, was sold at fore closure Friday for $931,861, to saftn-fy a judgment of 300, obtained by Fidelity Trust trustee lor secona mortgage bondholders. Metropolitan Life Insurance Co.

holds first mortgage of $900,000 on property. Internal Revenue Commissioner Roper has ruled that the Excess Profits Tsx is no deductible in ascertaining net income for purposes of computing the Munitions Excess Tax; also that interest on bank deposits paid to nonresident alien individuals and corporations is subject to the withholding provisions of the act 1 All licenses for small craft plying in and around New York harbor have been withdrawn by Admiral Usher, commanding the Third Naval Dis.ct, on basis of a report made to Police Commissioner that Junk boat mun were in a position to learn movements of different vessel in harbor. Arthur Ransome, Petrograd correspondent of London Daily News, ssys no Russian really wants a separate peace, but everybody wants a general peace, and it was refusal of Allies to co-operate in a movement for general peace that was mainly responsible for what has happened in Russia, Russia has received 1,000,000 rifles manufactured In this country. Other rifles made for Russia, and practi cally completed, will be taken over by this Government. LOCOMOSILS MlSCUtr MURRAY PHIANN aOLLS-ROTCB SIMPLIX WHIT! KOOKS-OSTKIIK AMERICAN ZINC LOOKS FOR i MORE GOVERNMENT BUSINESS PENDING SALE OF SPELTER THE FORERUNNER-COMPANY PROBABLY WILL SHOW NET OF $1,600,000 FOR YEAR 1917 Boston Affairs of the American Zinc, Lead ft Smelt- ing Co.

are taking on a much more encouraging aspect. If the sale of 2,500 tons of Mascot spelter, now under mated wealth before war of the regions held even if negotiation wit! the Government, is consummated and Germany were to evacuate Russia, Poland, Servia and 2,000 tons are delivered in January, as is probable, it France she would still control sufnf ient.population to give should mean the forerunner of more business of the same her a total armed force of 3,000,000 men with an annual military contingent of 1,400,000 men. For 1917( American Zinc will probably show net profits 41. a iv clo8 $1,600,000, after allowing for the excess profits New ork Times cable from Loihlon says that Allies Ux but Mqk depreciation This would be better than $5 win in near future issue a joint declaraC'n of war aims. on 193000 of common outstanding, after $6l--.

Arthur Henderson, former representative of War Cabi- a lhare on 80 560 $hares preferreden exhibit entirely net said that if the Bolshcviki and Central Powers Mtisfaciory in view of the deplorable condition of the reach an agreement the Entente Government might 4 to industry the latter half of the year. also. He suggested that the British Government shoulu At present time American Zinc has $450,000 cash permit delegates of British workingmen to go to Petro- on ntui aiui has net quick assets very close to $5,000,000. grad to confer with Russian workingmen preparatory to a rn th company's financial statements, stocks of unsold general conference of workingmen. He indicated that epeter are iuT-ntoricd at cost further loans to Russia ought to be made, provided sura- The company recently secured through the Gov-' cient security would be forthcoming.

ernment sn assured supply of brimstone, essential to it in the nroduction of sulphuric acid and in the sale of United Circuit Court Judge Hough has handed down-. which, at prevailing prices, theU a very subs decision denying right of United States to tax as income) profit In fact, the company's miscellaneous revenues the book transfer of $,000,000 made in the reorganisation rom its sine 6ts and sulphuric acid alone should the Oregon-Washington Railroad ft Navigation Co. giderably more than cover the annual preferred stock Prior to the reorganixation the Oregon company owed dividend requirements of $480,000. $6,000,000 to an associated company and on reorganization The Wisconsin Zinc a subsidiary in which the this amount was written off and the Gcverr.nent claimed American Zinc has a controlling interest, is making very this was subject to income tax. In his decision Judge god earnings from which it has been paying off the Hough pointed out that company mde no pront oy can- advances made by the American Zinc Co.

From now on earnings or the Wisconsin company should be available for distribution to and from this source American Zinc should, in 1918, derive an important revenue. It will be recalled that the company recently sold its natural gas lesse to the Cities Service Co. for 8,600 shares of the latter company's 6 preferred stock, so that Instead of being a matter of steady outgo, the natural gas leas is transformed into an annual revenue producer of some 7 thing better than $50,000. WEEKLY RAILROAD EARNINGS Denver ft Rio Grsnde. 1917 4th week $714,200 Month December 2,839,200 Jan.

1-Dec. 31. .28,877,989 1916 Inc $80,100 2,190,000 149,200 25,444,628 2,933,461 St Louis Southwestern Railway: 4th week $592,000 $468,000 $124,000 Month December 1,657,000 1,469,000 188,000 The Shipping Board, through Secretary MeAdoo, has asked additional appropriations of $800,000,000 to speed up shipbuilding. The estimate for construction is Increased from $1,234,000,000, previously authdrized, to Senate Commerce Committee has advised Shipping Board to commandeer ferry boats and trolley lines in the New York City district, if necessary, to transport workers to and from shipbuilding yards. London advices say that Earl Reading, Lord Chief Jus- tice, has been asked to consider appointment of British Ambassador to United States as successor to Sir Cecil Springy Rice.

London Daily Chronicle suggests that developments, in the Russc-German situation may result in recognition of the Lenine government by the Entente Allies. Senator Calder has introduced amendment to Post; Oflce Appropriations B11, providing a 2-cont postal rate; within th entire New Ycrk City limits. Norfolk harbor's ice conditions are the worst in years, and water transportation to Richmond, Baltimore, Wash ington and New York is at a standstill. i Lack of coal forces shut down of many industrial es- tablishments. principally those in loft buildings, in this city, and hss thrown 100,000 out of work.

Canadian Railway War Board will oool traffic 0 Canadian roads, expedite fuel and other freight movenw7, and cut down fuel consumption. "'7. tj A Boston dispatch says that receipts of wool, both dj no.fci fnmiirn. In 1917. totaled 606.586.177 BonndsA Disposition of quantities of material ordered here for tjrajngt 440,193,165 in 1916.

Russia will await developments in Russian situation, i United States has commandeered practically all large- J. V. Knight, trade advisor for Cuban Government, iiiwd prunM remaining on Pacific coast, totalling in excess told Senate committee investigating sugar that Cuban 0f 60,00000 pounds. sugar producers were dissatisfied with the price of 4.00 A cents agreed upon, and predicted that the discontent would Rodman Wanaifiaker has purchased 7 W. 66th Street, causa decreased productioa next year.

which is assessed at l00,.

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