The Boston Globe du lieu suivant : Boston, Massachusetts • 15

THE BOSTON GLOBE-FRIDAY JUNE 12 1914. 130STON AND NEW YORK PRICES EVENING GIs() 'SHUT vilLuAri LORIMER'S BANK WATCH CASE TRUST HEARING NEW YORK STOCK MARKET. OUR BOND DEPARTMENT erage advance was small. Confident buying of seasoned dividend payers inspired bullish operations elsewhere, especially among the low-priced shares which offer speculators possibilities. By noon trading had quieted down, but the undertone of the market held firm.

Very little buness was transacted during the noon hour, but the character of the market did not change. Of the regular leaders. Steel and Southern Pacific made the best showing. It is generally expected that tomorrows bank statement will be an unfavorable one. The reported movements of currency this week indicate a loss of in the amount of cash held by the local hanks.

The strength of the principal stocks. despit the slackness Of demand and the outflow of gold. caused a more general covering in the late afternoon. Steel, Southern Pacific, Union Pacific 'and Canadian Pacific all ruled a point or so above yesterday's close. In the early part of the last hour the market eased off slightly, and then grew very quiet.

Money and Foreign Exchange. offers high grade railroad, industrial and public service issues netting from 4.50 to 6.007e. Lists upon application: HORNBLOWER WEEKS (Established 1888 60 CONGRESS BOSTON 1 I New York Chicago KIDDER, PEABODY CO 5 Devonshire Street BOSTON Circular Letters of Credit and Travellers International Cheques BARING LONDON and their Correspondents Commercial Credits Foreign Exchange 7:30 O'CLOCK STOCK A tilfET Quiet Strength, Most of Leaders Advancing a Fraction. UNION PACIFIC AND So. PACIFIC RISE Boston Elevated Above 90, and Telephone Is Firm and Active.

Quiet etrength marked the course of the New York Stock Market today, nearly every issue in the list improving its position fractionally. The opening was firm with prices above the previous close and trading held up well through the session. The activity in bonds was noteworthy and prices were firm or slightly higher. London was generally higher but without especial activity. The passage of the Panama Canal Repeal bill by the Senate was noted by the street by the strength displayed by Southern Pacific and Union Pacific, the two which will feel the brunt of competition by water routes through the canal.

The fact that American shipping will be required to pay a toll for passage through the canal gives these railroad lines a better chance to compete with them, although it is acknowledged that some of the freight will be lost no matter what the conditions are. Gold and Freight Rates. Gold continues to be engaged for export, today $2,000,000 more being slated to go to Paris, raising our total contribution to Europe since Jan 1 to 300.000. Moreover, the rate of exchange advanced today, which will tend still further to invite gold for exportation. As we have previously s-aid at different times, when our wheat crop is harvested and Europe begins to buy this and other cereals from us later in the year.

the loss of this gold will be recouped. Our large wheat crop assures the return of much of the gold and if corn turns out as well as expected. we shall be all right. Gossip about the appearance of the freight rate decision is very conflicting, some brokers here being advised by New York correspondents that the decision will be made public Sunday or Monday. It seems to be well understood that the decision will not be announced in the middle of a market session but will come over night and perhaps at the end of a week of trading.

Nobody expects the decision tomorrow. The sooner the news is known the. better the market will be able to forecast future dustrial conditions, because the decision will have a wide indirect influence. BOSTON STOCK MARKET. STOCK EXCHANGE, Juno 12Follow, hig ere the opening, highest, loweet and 1 last sales at the board today; STOCKS Today.

Open High Low Last sale 275 275 275 Alaska 273 273i 2734 271 40 4034 40 40 Am Agri Chem pr 97 973j 97 97 Amalgamated. 71 72 7174 Amoskeag Mfg pr 100 100 100 100 Am Pam; 2d pr 2a 20 20 7:0 Am Sugar Ref 10 8 10831 1083 108 Am Sugar Ref 113 113 1134 Am Tel It Tel 1233 123 1233j 123. Am Woolen Pr 78 733.1 76 76 Boston Elevated 89 91 89 8931 1, Maine 854 354 35 Butte-Ballaldava 2 134 2 24 24 39 394 3934 3934 CalumatdrArizonali CS 65 65 65 Calumet Heels 410 410 410 410 Central 37,14 374 3734 371-11 Chinos 414 4134 4134 4114 Con Men class 4 10834 1083.1 108 34; 108 Conn ifs Pass pr 95 95 95 95 Copr ens 35 36 363i 363 East Boston Land 11 t1131 1131 1134 Edison Electric. 250 251 250 251 Fitchburg pr 80 80 80 80 Ga Elec pr 86 87 86 87 General 1484 148 1484 1484 Granby Coned 823 821 8236 92 32 3232 32 323i Hancock. 1534 1534 15 15 Helvetia.

25 .25 .25 .25 Illand Creek Coal 50 50 50 60 Led Creek Coal pr. 8834 89 8831 89 Isle Royale 204 204 20 201 Kerr Lake 4I 434 44 43 Keweenaw 84 EI5 334 34 Masa Electric pr 68 63 63 63 MI Gas. 63 84 8314 8334 Masa Gas pr 904 904 90 po Mayflower 43 43 44 434 Mergenthaler Lin 215 215 215 215 McElwain lat pr-101 101 101 101 Miami 223( 22 31 22 34 2 2 34. New Arcadian 534 514 534 53 Nipisaing 63 634-', 634 631 North 254 25 253 257-i 11 68 68 65 34 6 631 Old Colony. 4 4 4W Old Colony RR 150 150 150 150 Old Dominion 48 48 48 48 Pond Creek C0.0.1 1834 164 18 18 Quincy 57 57 57 57 Reece 434 44 43 Shattuck Arizona 24 24 4 24 4 24 Superior Boston 13 17ii 13 174 ,1053 105'34 1053 10532.

Tuolumne .39 .40 .39 40 United Fruit .168 1524 15134 152 Hafted Shoe Mace. 681i 58.14 683i, 585i United Shoe Ma pr. 29 294 29 14 294 Sm Ref it 3434 34, 34 34 bin pr 7 47,4 47 4734 US Steel 613 6234 614 62 34 Steel pr .10934 1091 1093 1093 Victoria 2 12 2 2 Ifs 2 112 West End St RY, 6714 68 67 34 68 148.3i 148 3i 823,6 82ti 32 323i 15 15 .25 .25 50 58 88 83 203i 201i 4116 41 334 8 63 63 8314 8334 90 po 43i 43; 215 216 101 101 2214: 223.4- 153-i 5 63 2534 6514 66 4 h' 4 34' 160 150 48 48 18 18 57 57 43 241i 243i 174 1053 i 105. 3 9 40 15134; 15241 553i, 555i 294, 29 34.h' 34 47 473i 61 Ti 62 3i 1093i 1093i 2 flj 2 11, 6734 68 TodaY'm 8 Lasts9altie 99'41 993i 64,74 641 97 97 95 95 75 75 101 963.4", 9614 101 101 2 2 2 2 4 5, 5 64 64 25 5-fi 25 68 4 150 150 48 48 18 18 57 57 41A 4 241i 24A Ili 174 1051i -39 .40 1513-i 583i 8 5 i 294 2i 34! 34 47 473i 61 4t 62 1-i 109.1i 1091A 2 flj 2 Itg 674 68 sElt-dividend. BONDS Open High Am Tel t-9'11 993,1 At Gift WISS 65 65 CBtftr.Q.it4g 97 97 Mass Gas 4hs 1931 95 95 Cot Yarn 75 75 Tel 5s 101 Un't Ft 963 4-, 9634 Today's Low Last sale 89 Boston Curb Market 1 Trading was well distributed today on the local Curb, but prices as a rule fluctuated within a narrow range.

Interest centered largely in the cent issues, of which Mexican Metals and Calumet-Corbin were the most active. Ludlow rights sold at 511-16, a new high record. Quotations follow: Open Biel Low Last sale Bay State Gas Ile Ile lie He Bohemia 114 Buffalo 11S 14 1 145 Butte Lou 3Be 3Be 38e 38e Colaveras 11 114 114 Cal-Corbin The 23e 18e 23e Chief Cons. 93e 934! 93e 93e Cortez. 23e 25e Crown 1 I 1-10 11, Iron Blossom.

1 1 1 1 La Rose. 1 1 1 Ludlow rts 511-16 5 11-16 5 Mei; Metals 20e 23e 1Te Nev Douglas 1 5-16 1 5-16 1 5-16 1 3-10 New Baltic 1 1 1 1 Tr Rens 01.4,4 61a 61a Ohio 33e 33e 33e $3e Oneeo 80e $ite 75e 75e South Lake 41,4 41,4 Stewart 1 1 5 5 5 5 Uni Verde Ex 60e tile tiile 61e Uni Verde Ex 60e tiee iiite title Utah Metals 7e Heard on the Street. The Liberty Trust Company will distribute to its employes a sum equal to 4 percent of their salaries for the six months ended July 1, or in other words the same return as paid to the stockholders in dividends. W. Cameron Forbes has been elected a director of the National Carbon Company, to fill a vacancy caused by the death on March 9, of Barker Gurnmere, of Trenton, J.

The gross earnings of the Adirondack Electric Power Corporation for April were in April, 1913, they were The surplus after charges on April 30, was $11,978, whereas a year ago there was a deficit of $30,488. The directors of the Western Power Company have completed plans for paying the accumulated dividends on the company's preferred stock, and will soon announce the details in a circular to the stockholders. Dividends in arrears amount to 15 percent. William B. Daly, for some time in charge of the efficiency work of Anaconda, has been appointed general superintendent of mines, to have direct charge of operations.

John Gillie, for years acting under that title. is made general manager of mines, and B. H. Dunshee assistant general manager. The Bank of England today bought in gold over the counter.

Leonard W. Cronkhite, treasurer of the Industrial Starch Company, has been made a director of the Samotset Chocolate Company. Giroux Consolidated turned out 412,838 pounds of copper in May, bringing the total output for the year up to 1,019,400 pounds; 3,964,972 pounds were produced in the corresponding period last year. Bond and Loan Items. County offers for sale at discount a temporary loan of $100,000, dated June 19, and maturing on Nov 10.

Bids for the loan will be received until 10 a June 16. It is expected that the $592.000 New River Company notes maturing in August and September, issued at the time the Boston interests took over the manngement of the property, will be extended. eburn has sold a temporary loan of to Curtis Sanger at 3.12 percent discount. The loan is dated June 12 and half of it matures on Oct 16 and the other half on Nov 24. The Kanawha Rt Michigan Railroad has sold $1,200,000 412 percent equipment tru31 notes to White, Weld Co.

The half of it matures on Oct -16 and the Other half on Nov 24, The Kanawha Michigan rtailroad has sold $1,200,000 412 percent equipment tru31 notes to White, Weld Co. The I i I 1 I I I I IV 1 I Ira NEW TORK. June 12I the opening highest, low sales of the day: Open High Alaska Coll; 271f 271f 717f 72 Am Agri Chem. 6614 57 Atm Beet 271f 27.5-i Am Cal 2,914 291i Am Car 61 51N: Am Cities or. 66 66 Following are rest and last High 2714 27 271-4 72 714 7114 57 5644 57 2714 261i 294 29 29 514 514 514 66 66 66 314 31 32 32 32 644 634 64 10114 1014 1014 165 165 165 12344 1234 1234 2324 230 2324 10814 10814 10844 754 754 754 314 314 514 9944 9914 994 101 1004 101 46114 4641 464 914 911-i 9114 424 424 4244 9114.1 9114 914 2044 20 20 19514 194 194 37- 3614 37 1021i- 1024 10214 524 52 524 144 14.4 1434 384 354 38 1Wi 13114 4tN 40N 413g 2714 2714 274 224 22fi 22U 1294 ,1294 1294 9 84 814 644 6434 6474j 149 149 149 I 20 20 20 1 17N 17 1714 2914 294 294 444 444 444 14814 1484 14814 92 9114 92 90 90 90 1244 1244 1244 3214 324 324 534 53 53 17 17 17 23 23 23 it 15 15 6514 644 644 90 894 90 2714 2714 2714 614 614 614 137 1364 137 951i 9514 954 13914 13914 139.14 t3 63 2234 22N 2234 514 514 514 28 28 28 181i 174 18 12 1114 i 1114 144 144 144 934 93 65N 1054 1054 7614 7614 761-i 1114 1114 111 234 234 231-i 1)14 11114 1114 2014 20N 204 894 89 89 443 448 1023j 102U 1024 155 155 155 1 1 1 29 29 29 2t .21 1C4N 165N f3Tii t3N 23U 69 E84 88U 3 3 44 414 64 11 11 11 2814 281i as 1E9 169 189 5 34 514 fW Am Cities pr.

66 Am Ice Securities, at Am Locomotive 32 Am Smeltint. 63( Am Smelting pr 101U Am Snuff 165 Am Tel Tel. 123141 Am Tobacco .230 Am Tobacco pr Am Woolen pr 75'4' Anaconda. 3184- Atchison 99S( Atchison pr 10021 Baldwin 463( Baltimore Ohio 91 Bethlehem Steal 423 Brooklyn Rapid Ts 911( Cal Petroleum 20 Canadian 194 Si Central Leathe: 363 Central Leather prs102ii Chesapeake 52 Chic Great West 14 Chic Gt West pr 3654 uhesaPecke 52 Chic Great West 1434' Chic Gt West pr. 3654 Chic Northwest'n 131.4-iii Chip 408i Colorado Fuel 2731 Colorado South 22U COnsolidated 12934', Corn Prod Ref 9 Corn Prod Ref pr 6474 Del Hudson 149 20 Distillers' 17 Erie Erie lst pr 4434 General Electric.

148 Gener 11 92 Goodrich Rub 90 Gt orthern 12414 Great North Ore. 32l 534 Inspiration op 17 Int Agricult pr 23 Interiloro- 15 Interbora-'1 64! I Case Co 891i Kansas City Souta. 2734 Kan City South pr. 61 Lehigh valley 1363; Loose-Wiles 2d 96 Nash Mea Petroewe. t3 Miami 2214 Montana Power 6i3; LLoui3pr 28 Mise'etl: 18 Nat Ry Mex 2d pr.

12 Nevada 1431 9334 C6 Norfolk West. .105 No th 7634 Ncitherl 2334 1113-si Pittsburg Coal 203i Pittsburg Coal pr. 89 Steel 443; Pressed Steel pr 102U Pullman Co 155 Quicksilver Min 1 Railway Steel Spr 29 Ray Con Cop 213i Reading 165,31" 64Til 149 20 17 291,4 444 92 90 12474 321,1 534 17 23 15 90 2714 614 137 954 3 2234 61 28 181i 12 144 934 105 234 1114 895,4 1024 165 1 29 3-i 69 434 11 1E9 5J-i 37 33 877,4 100 135 95 10314: 26,8,4 147 43 75Ti 156N; S9 12q 584 62,4 109 i 0,4 104 10-i 61- 77 64.3i 8931 90 273-i 27 614 138.14 137 954 954 1393ii 1393-1 (3 63 2234 22 513i 51 28 28 1731 MLi 1134 1434 144, 93 f134 (54 65 10531 1054 78 78. Ill 111 234 234 11134 1114 20 20,3 89 89 4434 444 1024 1024 155 155 1 1 29 29 21 21 1C4 165 33i' 234 t8 884 3 3 4.34 11 11 283i 283-i" 189 37 37 33 33 8738 87 10034 HO 134 134 94 94 1034 1034 2531, 34 34 15 15 834 1484 43 43 75 75 165 16 S9 99 1234 1234 584 58 814 62 109 109 56 56 30 4, SO 104 104 101 1013i 61 784 784 meaning Rep Iron at Steel 123,,, Repub Ir dr, Sti pr Rock Island 3 Rcck island Rumely 11 Rumely pr Sears-Roebuck 189 StLgt SF 2d pr Standard Milling 37 Studebake- 33 Studebaker pr 87Ti St Paul 100 St Paul .135 Southern Plc141.1 14.1i South Pacific ctf 103- Railway 2634 Tennessee Copper 34 Texas Pacific 15 Texas 147 Third Av RR 43 Underwood Type 757-11 Union STII Un'd Dry G'ds pr 9 United Ry Inv 12 Us Rubber US 613.i Steel pr 10974 Utah Copper 56 Va-Caro Chemicalt 20 Ia-Caro Chem NV elle-Fargo 101-i Western Union 61 Westinghousa 77 IEx dividend. ills rig tEx rights, NEW RAILROAD BILL It Will Provide for State's Right to Acquire Stock of the B.

egt. M. Being Retained. Massachusetts will retain its right to acquire the stock of the Boston Maine Railroad in the proposed dissolution, in a bill to be drawn up by Senator Edward Fisher of NVestford and Representative Robert M. Washburn of Worcester between now and Monday noon next.

After a warm executive session which losted from about 10:30 to 2 ocloch, the Legislative Committee on Railroads voted to delegate the drawing -up of the bill to the above-named members. It was finally decided that the bill they are to draw up must have three Commonwealth retains its right to acquire at any time the stock of the Boston Maine, in much the same planner as the State holds that right under the existing Boston Holding Company. Second, the bill shall specify that the New Haven Railroad must dispOse of its Boston Maine stock. The third feature, although it will not be referred to in the bill, is that there will be no referendum attached. In other words, there will be no postponement to allow the people to decide whether or not the agreement between the National Government and the New Haven shall be ratified by enabling legislation.

There is no assurance that the bill as drawn up by Senator Fisher and Representative Washburn will be accepted by the Committee on Railroads and reported by it to the Senate and House. 'OFFER $1,800,000. HARTFORD, Conn. June LiA syndicate of Eastern hankers has made an sales of the Illinois Examiner Found It Unsafe. Ex-Senator Head of La Salle St Trust and Savings.

1011111 Conditions Are Such as Warrant Its Closing. 0 I CHICAGO. June 12--The La Salle Trust and Savings Bank. of which 'William Lorimer. formerly United States Senator is president, was taken in charge today by the State bank es.

aminem The examiner reported that conditions were such as to warrant the closing of the bank. Three Subsidiary Banks Closed. The statement gives the deposits as and the loans i Later the State Bank Examiner an-flounced that he had sent eXaMiners to three banks in Chicago, classed as subsidiaries of the La Salle-st institution. The examiners caused a suspension of business in the three, the Broadway State Bank. on the North Side; the Ashland and Twelfth, on the West Side Ghetto District.

and the Illinois State Bank of Chicago, in North Clark wt. These, banks were organized within the year. William Lorimer Jr is listed as the heaviest stockholder of the Illinois State Bank of Chicago. which at the last report had deposits of S177.000 and a capital stock of 200,000. A mild run started on the bank two days ago.

according to the Secretary of the institution, and today more and more depositors gathered in front of the institution. An hour after the arrival of the State Bank Examiner the doors of the bank were closed. Examination of subsidiaries of the La Sa lie-st liana. it was announced. would be taken up by the examiner.

Mr Lorimer was in conference with the directors of the Institution through the morning. In the last statement issued by the hank its capital stock was placed at surplus and undivided profits $93,631. Its stock was then held at par. Depositors Withdrew $1,000,000. In financial circles It was reported that the Corn Exchange National Bank yesterday refused to allow the LaSalle Street Trust and Savings Bank to clear through it.

The run on the bank. which wax characterized as "mild," was attributed to allegations made in connection with a suit for damages of John it. Coyne against State Auditor Brady, in which Coyne charged that the La Sa lle-et Brank had contributed to the Brady campaign fund on the basis that it should be consulted regarding appointments to he made by the auditor. Rough estimates of the withdrawals by depositors in the last three weeks places the amount at more than 0o0. DEATHS.

WADE.In Woburn. June 11. Oliver Morton Wade, 71 yrs. veteran of Co F. 2241 Massachusetts; Infantry, and Co M.

4th kissassachusetts Cavalry. Aug 10. 1S61. to Nov 14. 1865.

Funeral from him late residence, 31 Lake ay. 11'0 horn Mat01. Sunday. at 3 us. Traits leaves Nowa' Station for Cross-st idattots at 2:30 Relatives and friends invited.

Burial private. NVAIKERIn Quincy. June 12. George Walker. In his 624 year.

Funeral services at late home. 12 Main 14, Sunday, June 14. at Relativem and friends invited. WHITS-MADIn East Boston. June 12, Catherine beloved wife of Patrick A.

Wbitstead. Funeral from her late residence, 113 Ilivre at. Monday, June 15. at t415 a tn. High mass of requiem at the Church of the Blosst Holy Itedeenser at 9 o'clock.

Relatives and friends invited to attend. WHALENIn Natick.June 11, John B. Whalen. Funeral from his late residenre. 10 Park at, Saturday.

June 13. at 9:30 a tn. Requiem mums at St Patrick's Church at 10 o'clock. Relatives and friends are invited. Please omit dowers.

WINN-1n Roxbury, June 11. Grace May (nee Canneyi. beloved wife of Harry E. 1Vinti, yrs. Funeral front her late residence, 12 Perch st, Saturday, Jane 13, at 9:30 a in.

Requiem high mass at St P1111111'0 Church at 9 o'cLadt. Relatives and friends invited. Portsmouth, H. papers please copy. TAYLORIn Everett, June 11.

George Edward Taylor. 43 yrs 5 mos 2 ds. Funeral services will be held at Ills late residence. 232 Main St. Sunday.

June 14. at 2 m. Relatives and friends ore invited to attend. Harbor Grace. papers please copy.

TRENHOLMln Dorchester. June 11. Averd beloved husband of Emma E. Trenhoins (nee Best). Funeral from his late residence, 29 Dean at, Saturday, June 13.

at 2 o'clock. Attendance of relatives and friends requested. Nova Scotia papera please copsWEBBin Everett. Jane 10, Saran Ann, widtrw of John G. Vebb.

83 yrs. Funeral at her late residence. 201 Hancock st, S4ttarda.r June 13, at tn. Relative's and friends; invited. Nova Scotia papers please eopy.

WHELDENIn Dorchester, June 10, Julia widow of George Wile hien, in her 80th year. Funeral services at her late residence. 27 Greenbrier Dorchester, Saturday, June 12, at 12 to. Relativea and friends invited. Interment at Providenee.

It I. WINNIn itoxintry, June 11, Grace May, be. loved wife of harry FL Vian, 25 yrs. rimer-al from her late rcsidenve, 12 Perch I. Saturday, June la.

at 8:84 a in. Requiem high mess at St Philip's Church at Li o'elock. ativel and friends invited. Portsmouth. H.

papers please copy. BOSTON LODGE, NO. lot B. P. O.

ELKS We regeet to announce tbe death of our late brother, James Batmen. Funeral services as Marfa ehureh of the Angelo. Jarnaiea Friday. June 12, at ft et W. All brothers are earnestly requeosted to attend.

JOHN J. CAM. Exalted linter. I F. Secretary, FOR OTHER DEATH NOTICES SEE PAGE 16.

DIVIDENDS. American Woolen Company Sixty-first Quarterly Dividend Notice is hereby given that the resole Quarterly dividend of One and Three-Quaro ters Per Cent (1) on the Preform, Capital Stock of the American Woolen Company. of record June 23. 1914, will be paid On the 15th day of July, 1914. Transfer books for Preferred Stock will be closed at the close of bulginess June 23.

1914. and will be reopened July 1. 1313. Checks will be mailed by the Guaranty Trust Co. of New York.

Gompany Evidend the resole" Three-Quars le Preferred lean Wools 1914, will be 1914. Stock will ees June 23. ily 1914. Guaranty I. P.

1. Vit PS t. oe 5 2 I. I. or 8 1 FinalArgumentGiven.

in Philadelphia. Government Claims 11 Makes Four-Fifths of Product. Says Keystone Owns Many Watch-Making Companies PHILADELPHIA, June 12Final argument was heard in the United States District Court today in the suit of the Federal Government to have the Keystone Watch Case Company declared a combination in violation Of the Sherman Antitrust law. and asking that it be restrained for carrying on a monopoly in the manufacture and sale of watch cases. The suit was tiled in December, 1911.

The Government, in its bill of complaint. declared that the company manufactures and sells SO percent of all watch cases manufactured and sold in the United States. and alleged that it was the intent, when the action was brought. to monopolize the remainder of the trade. It is also alleged by the Government that the Keystone Watch Case Company controls the business through complete ownership, controlling interest or agreements with many companies engaged in the watch manufacturing business.

Dividends Declared. American Coal Products Company, regular quarterly of 1 percent on preferred stock. payable July 15 to stock of record July 10, and 1 percent on common, payable July 1 to stock of lecord June Boston Belting Company. regular quarterly of $2 per share, payable July 1 to stock of record June 15. Books close June 15.

reopen July I. Canadian Westinghouse Company, Ltd. usual quarterly of 1 percent, payable July 10 to stock nf record June 30. Connecticut River Power Company of Alaine, a semiannual of 114 percent on common stock, payable July 1 to stock of record June 26. Liberty Trust Company.

regular quarterly of 2 percent. payable July 1 to stock of record June 25. New England Power Company, quarterly of 112 percent on preferred stock. payable July 1 to stock of record June 23. Northern Ohio Traction Company.

regular quarterly of 112 percent. payable July 1 to stock of record June 15. Puget Sound Traction, Light and Power Company. quarterly of $1.50 on preferred and 71 on common stock. payable July 15 to stock of record July 1.

Railroad Earnings. Chicago Great Western: 1914 1913 Decrease lst wk $251,236 2018.126 16.890 Since July 1 13,346,343 302,441 Colorado Soutbern: 1st wk 202,614 251.67.7 49.043 Since July 1... 12.401,268 14.224,318 1,823,110 Interoceanie Railway of Nlexico: 1st wk 171,313 104.624 National Railways of Mexico: wk June. 611,790 194,120 Increase. tMexican currency.

BUSINESS NOTICES I STOR I For Infants and Children in Use For Over 30 Years bears As9(711 the Signature of Zttete DEATHS. BARNESIn Lexington, June 12. James Parties. In his 75th year. Funeral services at his late residence, 163 Maesachusetts ay.

14. at 2 m. lielatives and friends invited. BESTla South Boston, June 10, Mary, widow of Caiet. Best, 78 yrs.

Funeral from her late residence, 489 Weat 1st at, June 13, at 2 m. BRENNANAt City Hospital, June 12, Eugene Brennan. Funeral from residenee, Si Warren Charlestown, Sunday. June 14. at 2 m.

High mass of requiem at Mary's Church. Werren tee Monday, June 15, at 7 o'clock. Relatives and are invited. COOKIn June 11, Bridget Cook. Funeral from home of her brother, Michael Cook, 426 Huron ay.

Sunday, June 14. Services at St Peter's Church at 2 FOSTER-1n Jamaica Plain, June 12, Mary, beloved wife of Thomas C. Foster Jr (nee Iluetbete. Funeral servicen from tier late residence. 189 Chestnut ay.

Sunday, June 14, at 11 a tn. Relatives and friends invited to attend. Burial at Marblehead, Mass. GLEASONIn Meriden, Conn, June 12. at the home of her daughter.

Mrs Charles A. Learned, Harriet Elizabeth (nee Hunt), wblow of Samuel S. Gleason. late of Watertown, Mass, 69 yrs 7 mos. Burial servicen at the family tot in Newton Cemetery, Sunday afternoon at 3:15.

Newton, June 11, Hugh Hammitt. Funeral from his late residence, 3 Shamrock at. Saturday. June 15, at 8 a ne Requiem high mese at the Church of Our Lady at 9 o'clock. Relatives and friends kindly invited to attend.

Late member of Co 45th Regiment, M. V. and Charles Ward Post 62, G. A. IL HIGGINSIn Charlestown, June 12, Sarah beloved wife of James H.

Higgins 'nee Adamson), formerly of the North End. Funeral from her late residence, 11 Pleasant at, Monday, June 15. at 8:39. Requiem high mass at St Marys Church, Warren at, at 9 o'clock. Relatives and friends are kindly invited to attend.

Late member of N. E. O. Charlestown Lodge 393, and Ladies' Auxiliary, A. 0.H.

JACORS---In Roxbury. June 12. Alexander Jacobs, beloved son of Julia and Saul Jacobs. Funeral services at residence, 22 Fenno at. Roxbury, Sunday, June 14.

at 2 in sharp. KINAHAN-111 ilexburY. June 11. Hannah widow Of the late John Kinahan, formerly of Leon et. Funeral from the residenee of his son, George Kinahan, 3 Andrews at, off Cantou at, Sunday.

June 14, at 12:36 m. Services at St Francis de Sales' Church. Vernon st, at 1:30 o'clock. Attendance of relatives and friends requested. Chicago papers please copy.

51ANNINGIn South Boston, June 11. lames .1.. Infant child of James J. and Catherine Manning. 'Funeral from parents' residence, Bell ct, Sunday.

June 14, at 2 o'clock. Relatives and friends invited to attend. Interment in New calvary Cemetery. McCAFFERYIn Houghs Neck, June 11. George McCaMery, formerly of Mattapan.

Funeral will be held front his late residence, 41 Cbarles at, Houghst Neck, Sunday, June 24. at 2 iu. Services at the Church of St Francis by the Sea at 3 o'clock. Relatives and friends invited to attend. Take Houghs Neck car to Rock Island road, second street left.

1.fite member of Milton- Veteran Firemen's Mk II The local money' market is dull and unchanged. The usUal table of rates, etc. follows: can money 3 perernt loans. short dates. pereent Tittle inT411S.

six months percent Time loans. year. 4014 percent commereial paper .31,42,44 pereent New York Pnr Boston t1arthg $25,468,101 Boston balanees 9S3.003 Boston stibtreitsury credit 30.4S4 New York CIPCI ring 259.805.230 New York balances 12,681.025 New York subtreasury 214,029 Sterling exchange continues strong. Kidder, Peabody Co have advanced their sterling rates one-quarter cent all around. Local posted foreign exchange rates follow: Sight 60 days Cable transfers 4.SON Bankers' Sterling.

4.801,4 4.8ern 4 Francs 8.14 Reichsnuirks. 99 Guilders 40 .401 More Gold for Paris. NEW YORK, June 1The Hanover National Bank has engaged $1,000,000 in gold for shipment to Paris by tomorrow's steamer. Burnnardt, Scholle Co have cpgaged $1,000,000 In gold coin for shipment to Paris today. Bank Clearings Made Poor Showing.

NEW YORK, June 12Clearings through the banks this week at the principal cities in the United States Make the most Unsatisfactory comparison, both with last year and the year before for a considerable period, the total, according ta Dun's Review, at all centers amounting to only $2,630,223,798, as against $3,007,406,046 and $2,961,474,043 for the corresponding weeks in the two immediately preceding years, thus showing decreases of 12.2 and 11.2 percent respectively. New York city makes by far the most unsatisfactory exhibit, with losses of 16.1 percent, as compared with both years. Known Movements of Money. NEW YORK, June 12The reported movements of currency this week indicate a loss of more than $8,700,000 in the amount of cash held by the local banks. The banks received $17,601,000 from the interior and shipped $6,481,000, including $250,000 transferred through the Sub-treasury to San Francisco and $3,548,000 National bank notes sent to Washington for redemption, Thus the gain from the interior was $11.120,000, Gold exports amounted to $19,720,000.

The ordinary disbursements by the Sub-treasury were $16,586,000, while the payments by the banks to the Subtreasury amounted to $16,737.000, showing a loss on these operations of $151,000. Taking the above figures into consideration, the net cash loss by the banks is $8,751,000. Grain Firm Fails. CHECAGO, 'June 12Notice has been postel on the Board of Trade that Sydney Long- Co have failed to pay their debit balance at the Clearing House, due this morning. The failure is a small one, COMMERCIAL MATTERS.

Chicago Livestock. Quotations were reported by the Boston Chamber of Commerce ats follows: CEICAGO -Wheat: Open Low Close .837,1) 3 4 I Detroit Providence 17 Wall Street NEW YORK 011 mulgation of the progressive opinion recenntly handed down by the United States Supreme Court, to the effect that a State may Prescribe the rates at which fire insurance shall be written by insurance companies if written at all. Although given this right as a matter of law, a State would stand almost helpless for its exercise in anything but a tentative and uncertain way unless it were enabled to find a basis for making a start in the classified loss experience of the past, or in the rates that are now in effect, influenced by to some extent, at least. if not derived from that experience. "How soon the States generally will avail themselves of this right now affirmed by the court is uncertain; but it is safe to say that the decision is one which will have a very important bearing upon the future of insurance, since it opens wide the door of Opportunity, as it goes to the -full length in affirming the authority of the States Over what has been generatly regarded as a private business.

atid no more subject to price regulation than Other branches of private business," During the fiscal year ending Nov 30 last the insurance department collected fees as required under the law amounting to $112,251. of which there was received for brokers' licenses, agents' licenses, valuation of life policies, filing annual statements, $5563: miscellaneous sources, $4320.31. The expenditures on account of the department amounted to $89,556.65, leaving a net surplus accruing to the Commonwealth of $22,694.35. NEW LINE TO MARINE PARK. Street Cars to Run on Summer-St Extension From 8th St, East Cambridge.

The Boston Elevated Railway Company will begin tomorrow the operation of a line of cars from Sth st, East Cambridge, to North Point, Marine Park, South Boston, by way of the Charles River Dam. Park sq and Summer-st extension. This is an extension of the line which for several years has operated between Park sq and South Station via Eliot, Tremont, Boylston, Washington and Summer sts, and which recently was extended over Summer-st extension to Marine Park, North Point, South Boston, and on the other end across from Park sq to Lechmere sq, Cambridge. lay the new arrangement, a 10-minute service will be provided between East Cambridge and North Point, Marine Park, South Boston. This line will provide not only a short route between points in East Cambridge and the vicinity of Beacon Hill, the Back Bay and City Point, but will also provide a ride that includes many interesting features The route from South Station to North Point passes through the wholesale district, thence over the railroad bridge, crossing- an extensive steam railroad yard, giving a mar and full view of the new fish pier and Commonwealth Pier, together with art opportunity to observe the construction work of the new dry dock, thence past the largest wool storage house in the world, and past the large generating plants of the Edison Company and the Elevated Company and the Walworth Manufacturing Company's establishment, to Marine Park.

The running time from South Station to Marine Park is about 10 minutes and from East Cambridge to Marine Park about a half hour. New York Bond Quotations. Noon of bonds: ref 28, reg 9914' ref 2s, coup 97 8 38, reg 10114 IT 8 Bs. 10114: 4s, IOWA 4s, eAMT, 110 Ptinamit Ss. coup lon Am Agricult Ant Cotton 514 Ani 4443 9914 Ain Smuliing Am Tobacco 6s 121 Armour Co 921,8 Alch SO1 gen 4s, 05, Atchison 4s At! coast Line 48 91 Balt Ohio 48.

94 Bait 0 et 412s 92 I Beth Steel ref 5s ev 91,1 Cen Georgia Cen Leather 58 997il Chest Ohio 48 9314, Ches ev 41M 80 Joint 4s 9714, C. gren 44 93,515 rw West 48. 74 I et gen 418.102 I eni 4s 33i C. I ref 4s 75 Chi 3l428 Ft3 Colo So ref 4128 89'4. Den Rio 5 591 Distillers Seeur 58 91 Erie et 72 Erie gen 48 784 Gen Electric 5s Lake Snore deb 4rt 93 Liggett-Nlyers 5s 102 Lorillard os 1011A Loutsv Nash 4s NI, 1st 4s.

67 Nto Pacific es 5s. 67 Cen gen 38 ma Ceit deb 48 96 City 44 10714 State 48 110 Itys adj 56. 55 cv 66.J08 Nor cv 4V0.105 No 48 1,1 No Paritle as 67 Or Short Line 4s 92 Pae 88. 97 Penn ev 3s.o 9914 Penn eons 4s 100 Ray Cons Reading gen 48 95 Republic Steel 5s 94 St 1, Fran 48 69 St eon 4s 701 S(abd A adj 58 76 so Bell Tel 5s 98 So Pacific ev 48 861,44 So Pacific ref 4s 92 southern 87 514104 Sonthern fly 4s 73 Texas Co es en 103 Tex Pae Ists 100 Third AY ad) 56, 70 Union Pee 48. 97 Union Pse ev 4s 97 Rubber 68-102 8 Steel 5s 103 1 I WORK OF FIRE AND MARINE COMPANIES First Part of Commissioner Hardison's Report.

Net Underwriting Gain Less Than Previous Year's. Insura re.e Commissioner Hardison today issued the first part of his annual report covering the operations of the fire and marine insurance companies licensed to do business in the Commonwealth for the past year. As usual the commissioner takes his only opportunity of discussing publicly the problems confronting the various phases of the business, and his comments invariably command the keenest interest of the fraternity. Among tie mass of statistical Information fureished is the "gain and loss" exhibit, Whieh is the essential in consideritet the report of any. company.

Thus tois txhildt gives an analysis of the continued reports of the companies perating in Massachusetts, showing the einiererinng, gain or loss during 1913, end Ow investment, gain or loss. It also eer4 ntage of incurred losses to I arried eedums, incurred underwriting t.XpellSVS to earned Premiums and incurred investment expenses to earned interest and rents. Tbk table covers 213 companies, of uhit are trintual and 178 stock. Three enitenis anti 73 show an underkVri' lig loss of while 167 mutual slid stook show a gain of the net gain being The net gain of lee 0., United States branches as while that of the lee stock comreifies of other Staoza was $2,966.178. The fem.

Massachusetts stock -companies mad, a net underwriting gain of $121.696. o. to the demwiation in securities dming the year the investment allows a net gain of only $4,857.746, as 4ainst of the year previous. Th, net underwriting gain of $19,326,203 of OE, less than in The commissioner discusses at length lila attitude on the subject of reinsurance in unauthorized companies, his ideas being crystalized in a law recently enacted on his initiative. He contends that the statute allowing insurers to obtain insurance in outside companies on submitting to the department an affidavit to the i.ffect that they are unable to secure sufficient insurance in admitted companies is broad enough to Nlassachuseits interests.

Expresses Disapproval. Commissioner Hardison expresses his Cisapproval of the increasing tendency to teeognize reinsurance companies with sit-embracing charters. The policy of the Commonwealth always has been to confine a company to doing the special branch of the business for which it Is Incorporated. Gradually the lines have been brendened so that now a company adequately canitalized may engage in any number of branches of the Insurance business. The commissioner sees in the no-distant future an attempt to insure not only life, hut insure hint against the contingency of disability from accident or disease, against loss by fire, explosions.

liability on account of injury to persons and property. burglary and theft, by bad debts or defective compensation to injured employes, and so on through the whole list. That this Is not wholly fanciful, says the commissioner. is evident from the fact that combination policies have been presented which include insurance against more than a single class of contingencies aa set forth in the law, and, moreover, there have been attempts to include In one premium the cost of the whole combination policy. without any division to show the cost for each contingency.

"In some States this is now being done without objection." he says. "but it is Pet difficult to see What the result is likely to be. It will furnish a prolific OPportunity for rebates, rate tutting and attendant evils and abuses, which are invited by departure from simple and comprehensible transactions. The more eemplex and involved the proposition the easier it is to work out schemes Which involve features which are not generally understood and which, if understood. would not succeed.

"Consequently, the present Massachusetts idea that an insurance contract issued here shall cover only one class or kind of Insurance is an invaluable tection to the public, notwithstandingi the fact that there are some who would like to have several classes covered in the same policy. It is in the interest of simplicity, gives thc insured knowledge as to the cost of his various kinds of insuranc e. and furnishes to insurance dePartments a basis for keeping statistics which will show to some extent whether the charges for a given line of insurance Proper, and consequently whether lee reserves carried, wnich are based on Premiums, are adequate for the protectiOn of the public." Uniform Classification. There have been many attempts during the past few years to ascertain the basis upon which fire insurance rates are made, to ascertain whether they are equitable. As a result of pressure from various States, a joint committee of commissioners and members of the National Board of Fire Under- Writers.

is now engaged in working out a plan for uniform classification of tire, losses in Order that there may be available in the future statistics of loss ex-- Perience on the several classes of risks whieh may be established. necessity tor such classification 01 the experience of fire insurance corn Th L- nits," says the commissioner, "seems obe all the more evident since the pro. been Arlequa any in once bl The hull fit a Ma n' cOntin; or dist siOng. pf.t140ri! theft, titles, and so this is raissim onmbin ed will than a pet fol there 1 one rrt binatio show 'In withou pot rill likely I Port un Attendl invited eomprt eomple the ea Which reners derstoc "Com setts i(A sued kind ol teetion the fa( like to the ski simplic as to V. suranei nartme Which the ells are rt.

the res Pretniu tion of Unifoe Then! Ing tht basis 1 ars ma equitat various tosurst of the writers. a clan losses able in Periene Which th "The of Net. to ha a meh nt iolve features whieh are not all.s understoo and d. whieh if un- Mier deretood, would not succeed. "Consequently, the present Alassachu- setts idea an act is- tied here that hall COVer only one insurance contract or kin of insurance is an invaluable pro- tection to the public.

notwithstanding the fact that there are some who would like to hare sere 1 1 ra asses covered in the seine pt 1' It i h' 1 ite. In interes of simpliei t.3, gies thc insured knowledge as to the cost of his varlot aurnee is kinds of in a and furnishes to insurance de- Partments a bais for keeping statis which ui ll ehow to some extent IV are charges for a given line of insurance and consequently whether ile re' res catried, wnich are based on enitums, are adequate for the protec- hen of the public." ni.Ofill Classification. There ha ve been many attempts dur- ins the ascertain the past few years to basis upon whic fire insurance rates are made to aS eertalh wh ether they are eqUitable. As a result of pressure from 2 arious States. a nt committee of insurance commi ssioners and members of the National Board of Ft be re Under- wra ers i now eng eked In working out or unifori a plan classification of fire losses in orde hitt there may a II able in the ft.irl N-a Perience on the statistics of loss ex- hi a risks severa 1 classes of stablished.

i tor fiSrtie" classification Insurance "rn' to brill' saeys tohree eeovirdmenistssi7onrer, seeras the pro- Course of the Usual Leaders. sept Dee .8454 Steel common was active and de- Corn: veloped strength as the day went along. Ju env lY I''' '2 71 "14 pt .68 68 It went above 62 soon after the Dt.e .59 1 ing and by noon was up to 62, which Osis: July .39 308b represented a gain of three-quarters of '1' dg4s 1817s liots-la a point. It yielded somewhat from DPC 39N .39 this figure but still showed a good "rk e. July 21.00 21.00 advance.

Sept 20.17 20.05 20.05a As mentioned above, Union Pacific Lard: and Southern Pacific were favorably July 10.15 10.15 10.10 10.10 affected- by the Canal Repeal bill. each Sept lo.30 10.27 10.27a moving up a large fraction. Both Ribs: issues were active, the buying of South- July 11.45 11.50 11.40 1140h ern Pacific being quite brisk. Union $ept 11.50 11.52 11.42 11.45 Pacific of course is always a market CASH MARKETS leader. 2 red 91Vd92e.

No. 3 red 001,44 1 The strength of these leaders helped ille. No. hard winter No. 3 liar, the general list, and large fractional I winter No.

1 northern spring 91We gains were made by American Smelters, 9712e, N. 2 northern spring 95(006e, No. Chino and York Central, while northern spring No. 2 spring 05096e good sized fractional advances were No. 3 spring No.

4 spring 00q113e. by a large number of railroad issues. corn-No. 2 No. 2 whito Continued gossip to the effect that Cen- No.

2 72Ca-7242e, No 3 No I it tral Leather common will go upon a whe 73017314e No i 3 ellow No. 4 4-percent basis In July again lifted that No. 4' Yelow 7' le. Oats No white 3 whi a percent te 401,, issue, and it went above 37. It is now (- n'40wte, No.

4 white etandard 410 not from the price that 4- 4Ilie'. industrial stock would deserve, although SEPT WHEAT IN OUTSIDE MARKETS it can still stand a rise of frorn three to five points. Open Close Prey closE St Paul, which yesterday had yielded NOW York a little, today made a small advance 90 Duluth 5,4 .9 holding well above 100. 01 The only weak spots in the list were st Louis 81 .111 2 .81,4. Kaipas City 777a- 771i-a 771A3 Missouri Pacific, which, went under 18 Toledo 8 814, 8-7 0'4 0s again for a small loss; American Loco- S54.

833 motive vvhicli yielded a small fraction, and Anaconda, which yielded a quarter Minneapolis Cash Wheat. point. MINNEAPOLls, June 12-No. 1 North-Trading on the Local Exchange. ern wheat on track here closed today at as compared with One of the Strongest stocks on the local exchange was Boston Elevated, continued its upward trend, and The Cotton Market.

went to 90, later dropping back a Following are the New York and 1,11.7,.. little on profit taking. At its top price it represented a gain of about 10 points crpool over its price 10 days ago, the gain for NEW YORK today being almost two points. The rreviess clotoe prospect that the stock will go upon a I tTege ()pen High Low bids 5 percent basis either in August or next Jane February is responsible for the ad- IJulY is 29 13.21 13.83 13.18 13.18 vance. If this property regains a part IAMPIst 13 13.14 13.24 ta.on min of its lost earning power it will help Septetntler 12.99 12.97 1294 12.ti7 12.1-03 di spel some of the blue atmosphere 1.2,:7,4, 1.1,T114, which has enveloped the investors of 12.88 12 December ...84 12.98 12.8o 12.83 Boston and vicinity for so long.

January 12.75 12.71 12.83 12.68 12.60 March 12.81 42.77 12.86 12.73 19.73 United Fruit was lower today, selling at 15 2 most of the time although early April 12.97 .12.94 13.00 12.91 13.00 sales were at 1 5112. Covering and re- May 12.97 lamt; 12.91 12.95 purchase by stockholders who are buy- Spot closed quiet and unchanged: middling up. ing back their holdings sold Out at lands 13.70e, middling gulf 13.95e. Sales 200 higher figures explains the current bales: stoek 120.1133 bales. course of this stock.

Consolidation for one week: Net part New Haven lifted a fraction. ceipts .50,317 hales: exports, to Great Britain Greene-Cananea rose a half point and 26.218, to the Continent 38,861. to Japan and United Shoe, Massachusetts Gas pre- China 351, a total Of 65,430 hales; stocks in ferred and Island Creek common each all United States ports 422,125 halec lost a quarter point. The copper list LIVERPOOL was very quiet. Calumet Heela sold Prey close Open 2 4 in again at 410, its lowest price of the year.

June 7.511,3 7.1.1,V, 7.51 751V2 A Telephone collateral four June-July 7.331,2 7.33 7.331,(4 bonds Avhich of late have been slowly July-Aug 7,331,2 7.33 7.33y2 advancing, today sold at 89, which is Aug-Sept 7.19 7.19 7.18 7.19 within a quarter point of the oighest 6-96 6.96 6.9542 6-954i quotation of the year. The stock also Oct -Nov 6.84. 6.stnii 6.86 6.8u Nov-Dec 6.79 6.70 6.7i0,i 6.781h Se pt Dec -854i .84 .847,4,11 July .71 .7014 Sept .68 .6811 .07142 Dec .59 .5914, Onion July -39 -40IA 39 39b Sept .88 38143, Dec .39 .39 Pork: July 21.00 21.02 21.00 21.00 Sept ....20,17 20.17 20.05 20.05a Lard: July 10,13 10.10 10.10 Sept 10.30-32 10.27 10.27a Ribs: July 11.45 11,30 11.40 11,4011 sew 11.50 11.52 11.42 11.45 CASH MARKETS 2 red 91tifi112c. No. 3 red 00ti6 Ole.

No. hard winter 91(402t4c, No. 3 hard winter 910911.1e, No. 1 northern spring 98(li 9712e, No. 2 northern spring 95ki06e, No.

northern spring 94tl5titc, No. 2 spring 05096c, No. 3 spring 94t-eitiric No. 4 spring hotg93e Corn-No. 2 No.

2 white 73. No. 2 yeitow 7243724w. NO. 3 No.

8 white 7307314c, No. 3 No. No. 4 yellow 71c. Oats--No.

2 white 411lit42e. No. 3 white (ci'40tyte, No. 4 white etandard 41a, 4114e. SEPT WEEAT IN OUTSIDE MARKETS Open Close Prey close New York .04113 .90 .89 Duluth .92 .91, .92 St Louis.

.81 City 'Ninth) .83 Detroit Minneapolis Cash Wheat. MINNEAPOLIS, June 12-No. 1 Northern wheat on track here closed today at as compared with yesterday. The Cotton Market. Following are the New York and 1,11.7.

erpool quotations: NEW YORK re low; cloo, close Open High Low bids June July 1129 13.21 13.83 13.18 13.18 August 13.20 13.14 13.24 13.09 13.15 September 12. 99 12.97 12.98 12.97 12.98 atober 12. 87 12.143 12.94 12.79 12.81 November 12.73 12.72 12.72 12.72 12,72 December .12.88 12.84 12.148 12.80 12.83 January ,..,12.75 12.71 12.83 12.68 12.69 March 12.81 ,12.77 12.86 12.73 12.73 April .12.94 13.00 12.91 13.00 May 13,00 12.97 lamt; 12.91 12.95 Spot closed quiet and unchanged: middling up-. lands 13.70e, middling gulf Sales 200 bales: stoek 120.833 bii les. Consolidation for one week: Net part eeipts 59,317 bales: exports, to Great Britain 26.218, to the Continent 38,861.

to Japan and China sriL a total of 65,430 bales; stocks in all United States ports 422,125 lutiesr. LIVERPOOL 2 733Y2 718 7.10 6.9542 6-95411 4 6s6 6-86 6-611i 6-78ik I 1 'r 1 I 1 -l I il ko i 1 l. I 1 I offer of $1,800.000 for the entire properties I men matraPan 1538, of the Pope Maeufacturing Coal. K. of and Division .20, A.

O. 11. 1 in Connecticut and Massachusetts, now McDONALIIIn West Quincy. June 12 John in the hands of a receiver. atm tit the McDonald of 3 Revere at.

Funeral not tee Superior Court today Judge William L. later. 1 offer of $1,800,000 for the entire properties of the Pope Maoutacturing. in Connecticut and Massachusetts, now in the hantls ot a receiver, anti in the Superior Court today Judge William L. Arsoelation.

Mattapan Council 1538, K. of and Division 20, A. O. McDONALDIn West Quincy, June 12, John McDonald of 3 Revere at. Funeral notiee later.

al OS VII v.as imp kIllti, deLIN r. 7 6 771, 6 77 en Nor ist 41.4s..100, Webash ist Dee-aati I pn I'S Ce etnni ta Vial. Kl. 1, IFN Ka 1, a a LI I. g.wourair.

4 -4 I llinois en ref 4 92 eat nio: 417 11W 1.44.19'247 0 IMI former' of the 'e Boston as Jun ceiver for a healer on the offer, Wed- McGovern. lie. 7 NI, st Lud 11, 1914 nonfuatiheinsptaulrmebeanates Bennett granted a petition of the re- Charlestown, June 12. William ig interbero Met 44is 781e1Westinglise ev 5s 05 NEW YORK MARKET 6 77 6,77 t1.7-67- 66.7.1,67,u.- Feb-Mar 6771:2 6.77 uneral servIces at nix late Eastern Texas Electric Company 0 ret 58" 915 Mar-April 6,78 6.78 6.77 6.78 the Federal Court in Bos- l-- price of the equipment has been Paid in nesday, June 24. A hearing will Vaclea 11.." Smi.th (4 AulillarY.

Isil. blv be held le residenee ee Coneord lit SIIIIIISS June 14 pril- AMay 6 7 OA 6'78 The Illinois Central Railroad Co has ton, June 25. Col George Pope. the re- Beaumont and Port Arthur, Trine ht 1:30 nt Relatives and friends kindly PRFERRED DI ean Trading Fairly Active During Morn- Futuree opened quiet and steady; close The London Market. invited.

EVIDE 5 ND steady, unchanged to le point net lower for the just borrowed $3,000,000 for five months ceiver, recommends the acceptance of LONDON le A June merman secur I ing, but in Afternoon it Was Quiet day. Spot. cotton i moderate demand and un at 312 percent Some time ago the 0 for New the offer. Edward E. 131odgett or Bos- York Central ton, attorney for the bank creditors, et une acct.

A aemi-annual dividend of a per MURRAY 1 St th Ro ton 12 3 00 dent, Bartholomew, husband of Mary F- share has been declared on the preferred ties were quiet and featureless during months at 4 percent said the offer wits acceptable to his Kelly, residence 63 Middle st capital stock of Eastern Murray (nee Texas Electric Prices Firmer. changed on a basis of 7.87d for American mite elute Sales, ineteding 6800 American, The new French Cabinet has decided clients. Funeral notiee later. company, payable July 1, 1914, to stock- the early trading. Later a tone YORK.

June 12-The'demand for were 8000 bales. Receipts 3000 bales, of which I' th is'ue T1 au ones. le iffer includes $400,00 in cash and 4000 were Americen. Tenders on contraet, to ask Par lamen June le hael NIURPHY--In South Rolston. ie holders of record at the close of business prevailed and prices improv btter NE ed on Wall Lour 6 ercen mor gage Of pries 104 J.

Murpby. Funeral from the residence Stocks today was larger than it was Yable in 25 years and not exempt notes. The inventory of the propertv eTONF WEBSTFR Transfer A 1 Jens er gen a. Street buying, arid closed steady. yesterday but the market was far from Pa -new, 100- 0 bales.

of a lean Of at 312 percent, 11.400,000 In five-year his sister. hint John Ford. Leah Athenu at, --2- Money and diseount rates were quiet Commercial sunday. June 14, at I tn. SerViCea at house or the Hartford property Quotations follow: loan are to be spent for the extraor- was $2, 074.

000 est, eld Mass at ite from income tax. The proceeds of the made when the receiver was appointed a Dor lett- over 1:30 o'elock Relatives and friends In ere fractionall higher active. A majority of the renresentative Commerc Notes. VIILL BUY WILL SELL issues wy dr ing Manchester abled that loths ere dinary requirements of the Army and and $1 300 000 for that In vn, vd to attend high mass at St Vineent's June 12 June 11 th Is for money 73'w 1 greater part of the session. The Navy and also to coer expenditure in ull with sales possible only at con.

Church, Mouday, June 15, at 7:30 a in Rine Hood Rubber If Comm 4 "4 1 connection with Morocco. Chicago OCHS-lchester June I ll I. Ea IN'e wife Ingb cODSON for account 74 1 transcontinental railroad shares were I cessions and that yarns, also were in of Clarence 1. Orbs. 27 yrit 5 mott Funeral King Crowther Nisae.

Breweries; Pr CH I CA60, np 12-itog market strop g. 5 services et the residence of her parents, eir No Butte Ex. Dee. Bove City (tub 1141. ,312 4314 bid up on the passage by the Senate of light demand.

Metal Markets. Atchison. Topeka Santa Fe 1011' 1 10c; higher: Barney Coprer Caledonia Copper -(1111, the Canal Tolls Repeal bill, on the theory ll I The Census Bureau vvissue a re- 4911i estimated receipts for tomor. Thayer and Ntrs Mime B. Th 11 Monsen et.

Anti-Fretem Baltimore Ohio NBW YORK, June Li-The Weal cop- yesterday. June 14, at 8 ne Relatives an "-Ib "44 thet the imposition of tolls on coastwise distribution port on the supply an di 1 I -ei es esterdav Sunday, row, 0 a 1 1 417; B. le Tr. eta. Res.

hiont Ti Tr. Pete. Canadian 199 199 cotton during May tomorrow morning per metal market today- continued quiet 11)03; inlic, iriend invited to attend i Oil and all other Nining. i and Industrials. Chesapeake A Ohio 53li ships would make less formidable their rrw 53 ehicago rest 14 141 competition with the railroads a 10 clock.

and unchanged on a basis of 14 cents for light. mixed. $7 heavy AUNDERSIn 110elindale June 11 Mar Send for list of Dividend payer Investor 4 estlicniaagteod ri-etieviel DChi ave- Mil uk et I 103 1 Gen Cierranzaes decision to send dele- Following are the Liverpool weekly eeeseepe: eaten. at i.oks Yorkers. 88.15 wife of Alfred A.

Saunders. Funeral from Manual Sent free nren request. eneV' Rio wlliarnd eae all i2 gates mediation conferene as cotton statistics Imports all kinds electro tic The exports of copper for 2 ee te 1-4 the ly. 8.5. ls her late residence 2:33 Metropolitan av FIELD FAY Sat- i June 11 were 6709 tons, Catt.le market steady to strong; estimated re- Erie eat, 2g another factor in favor of the bulls.

An- 53,000 bales. American 32.000; stock, all the week ended urday, June 13, at 1:30 W. eervices at Bon fin end Investment ket-erftaise Erie ist pr 45 4 54) nouncement was made at ashington kinds 9 72 0 00 bales American 769 000; spin- bringing the total shipments for the for tolay 0 clock celpts 2000; for tomorrow, 20; Sacred Heart Church at 2 o'. 7 ate49.30- cown and heifer. eq 53 STATE BOSTON, MASS I Grand Trunk 171 17 today that there Will be no decision ners miY akings all kinds 8 3,000 bales month up to 14.21:8 tons an increase of s- ee 60(IS VERY--In Roxbury, June 11, Eliza I lig le'es--teers', S6.800,7.80: stoek 1 ere and ter of the late Theodore and Harriet a.

Illinois Central. 116 116 the Interstate Commerce Commission in American exports 8000 bales, 6376 tons over those for the same period 8.70; ANTEDA nersen Coal le--1 'Western cattle lemisville 142 Sdet8.15- N'ery. Funeral ervices at 3e5 Warre the Eastern freight rate case. The gold The weekly Bombay cotton statement last year. The exports from Jan 1 to feedere, Si.

Company Bonds. 141, Globe Nri nri, KallaKe As 18 114 exPort movement to Paris continued with shows net receipts of 70.000 bales, ex-. June 11 were 198,411 tons, an increase 6heeP tomorrow, 3000 ft weak, estimated re ipts for Saturday. June 13, at 2 nt. Relatives and New York Central 95 94 84' or native friends invited.

office. Norfolk WeStrortt "Thi le)75-1 and sterling the engagement of 82,000,000 more coin, ports of 400 bales to Great Britain, of 22,089 tons over those for the same tve ng exchange rates continued to 12,000 bales to the continent, 8000 bales period last year arlin sheeP, 5. Western seeeP, 85.6546.35; .4 a6.354$7.50; native lambs, sti.Zdair outsrio etern 26 :27 climb yegs, .7 7 'I 6 emend sterling touched a new to- Japan and China and a stock atioat eeti; WPA tern lambs 0.8 8013,8.60 Springers Flowers delivered anywhere In 77 TAX FREE 64 0. of 26 000 bales LONDON, June 12-Following are to- s7.27A 9.60 0 high mark at 4.89,1 esele, U. S.

at a few hours' notice. 'lee 2,54 The market opened moderately active Boston inspections of grain today day's closing quotations and net changes i 4 -1- Members LYMOUTH RUBBER CO. smithern eselee p7 ette, and steady. Southern Pacific was soon were four eare of Winter and 35 cars of metals: Conper. G.

M. Spot E61 17s Sharp to Be Ambassador to Fratice. rfflon pacitic leirIe 150 taken in hand and marked up about a of spring wheat nine cars of barley ed. unchanged. sales 100 tons; futures Florists' retied states Steel tta oin and the list hardened of re 9d I 3d 100 WASHt tete, pt.

rest the isarene an one cay. E62 Ss off saes 0 tons. Best NGT. ON. June 12-Representa- Villiam te.

sharp of Elyria. 0, was Telegraph $100 PER SHARE -1 bash 1 1 a fraction in sympath Beet Sugar Broo y. rnhall estimates the world ship- selected copper E66 15s unchanged 0 Delivery EARNEST E. SMITH eiseount for money 121.042 percent. Rate of short Mils 2V-211-16 Pe reacted a point.

The bulls did not push ments of wheat for the week, exclus neat; for tluee their advantage aggressively during of North Ameteca, at 9.200,000 bushels, as unchanged. Ts ive Lead ED 15s, up 5s. Speiter E21 7s 6d, nominated tod as- by President Wilson to m. spot E139 les. off 1E1 be Ambassdor to France, succeeding Ass'n de 15 DEVONSHIRE STREET isientas bins 2 9-16412A4 Percent.

the first hour, but in the second hour compared, with 10,288.000 bushels last Ms. sales 50 tons; futures E141 544, Off El MYTOn Haerr tck Mr Sharp is a Dem- 3143 Br Jed 5t Phone III BOSTON SI I Bar sileer Arm et 2tNci pe ounce. prices worked igher, although the ay- week. 6d sales 470 tons ocra ri 4 1 4 7 105; GI Nor 1st 4148-10014: Illinois Cen ref 4s 92i interhoro Met 44is 7814 So ref 58., Vs Car Chem 58 96 Wshash 1st 103 West Union 4 924 Westinghse ev 58 05 The London Market. LONDON, June 12American securities were quiet and featureless during the early trading.

Later a better tone prevailed and prices improved on Wall Street buying, arid closed steady. Money and disvount rates were quiet. Quotations follow: June 12 June 11 Consols for money 73 73 Consols for account 737 74 Atnalganiated 734 7314 Atchison. Topeka Santa Fe 1614 1011.8 Baltimore Ohio 93 93tti, Canadian 199 199 Chesapeake Ohio 534, 53 Chicago Great Western 14 14 Chicago, Milwaukee St Paul 103 103 Denver Rio Grande 1214 121 Erie 29 29 Eris lst pr 454 454 Grand Trunk 1711). 17 Illinois Central.

116 116 Imutscille 142 142 issonri, Kansas Texas 18 18 New York Central 95 94 Norfolk Western 1074 107 ontario Western 26 27 Pennsylvania. 57 IS 7 Ilasding fol 84 Southern Railway 2514 2,54 somithern Palde 97 sal, En Inn Pacific 15D ratted States Stott 63 Wabash 1 1 Money 14.042 percent. Rate of discount for short bills 2ftil 11-16 percent; for three months' hula 2 a-1602N Percent. Bar alleer Arm at 2t)4d per ounce. was arm and active.

DeeJaa 6.7712 6.77 6.77 6.77 Jon-Feb 6,77 6.77 6.76 0.7612 NEW YORK MARKET Fett-Mar 6.77VI 6.77 6.77 mar-April 6.78 6.77 6.78 April-May 6.78 6.76,4 0.77 Trading Fairly Active During Morning, but in Afternoon it Was Quiet Prices Firmer. NEW YORK. June 12--The 'demand for stocks today was larger than it was yesterday, but the market was far from active. A majority of the representative issues were fractionally higher during the greater part of the session. The transcontinental railroad shares were bid up on the passage by the Senate of the Canal Tolls Repeal bill, on the theory thet the imposition of tolls on coastwise ships would make less formidable their competition with the railroads.

Gen Carranza's decision to send delegates to the mediation conference was another factor In favor of the bulls. Announcement was made at Washington today that there Will be no decision by the Interstate Commerce Commission in the Eastern freight rate case. The gold export movement to Paris continued with the engagement of $2,000,000 more coin, and sterling exchange rates continued to climb. Demand sterling touched a new high mark at 4.89,10. The market opened moderately active and steady.

Southern Pacific was soon taken in hand and marked up about a point, and the rest of the list hardened a fraction in sympathy. Beet Sugar reacted a point. The bulls did not push their advantage aggressively during the first hour, but in the second hour prices worked higher, although the av Futures opened quiet and steady; closed steady, unchanged to point net lower for the day. Spot cotton in moderate demand and unchanged On a basis of 7.87ti for American tnIcldung uplands. Sales, including 6800 American, were 8000 bales.

Receipts ROW bales, of which 1000 were American. Tenders on contract, new, 1300 bales. Commercial Notes. Manchester cabled that cloths were dull. with sales possible only at concessions and that yarns also were in light demand.

The Census Bureau will issue a report on the supply and distribution of cotton during May tomorrow morning, at 10 o'clock. Following are the Liverpool weekly cotton statistics: Imports, all kinds 53,000 bales. American 32.000; stock, all kinds 972,000 bales, American 769.000; spinners takings. all kinds, 83,000 bales, American exports 8000 bales. The weekly Bombay cotton statement shows net receipts of 70.000 bales, exports of 400 bales to Great Britain, 12.000 bales to the continent, 8000 bales to Japan and China and a stock atioat of 26,000 bales.

Boston inspections of grain today were four cars of Winter and 35 cars of Spring wheat, nine cars of barley and one car of rye. Broomhall estimates the world's shipments of wheat for the week, exclusive of North America, at 9.200.000 bushels, as compared. with 10.288.000 bushels last week. notes mature In semiannual instalments on which 10 percent of the purchase price of the equipment has been paid in cash. The Illinois Central Railroad Co has just borrowed $3,000,000 for five months at 312 percent.

Some time ago the New York Central for four months at 4 percent. The new French Cabinet has decided to ask Parliament to authorize the issue of a loan of at 312 percent, payable in 25 years and not exempt from income tax. The proceeds of the loan are to be spent for the extraordinary requirements of the Army and Navy and also to cover expenditure in connection with Morocco. MetaL Markets. 1 NEW YORK, June 12--The locil copper metal, market today continued quiet and unchanged on a basis of 14 cents for electrolytic.

The exports of copper for the week ended June 11 were 6709 tons, bringing the total shipments for the month up to 14.21:8 tons, an increase of 6376 tons over those for the same period last year. The exports from Jan 1 to June 11 were 198.411 tons, an increase of 22,089 tons over those for the same period last year d. LONDON, June 12Following are today's closing quotations and net changes of metals: Copper. G. M.

B. spot 0061.178 ad. unchanged. sales Ind tons: futures E62 Ss 9d, off Is 3d, sales 1000 tons. Best selected copper E66 15s, unchanged.

Lead 15s, up 5s. Spelter E21 7s 6(1. unchanged. Tin. spot E139 103.

off 1E1 10s. sales 50 tons; futures E141 of! El 12s 6d, sales 470 tons. 27,,,7, notes mature in semiannual Instalments Bennett granted b. petition of the 1 .1 ctko'h. nue enr oel re s--7751 on which 10 percent of the purchase ceiver for a hearing On the offer, Wed- ovnetrnifay snit formerly rlyf A of utxhiellaVery'estN0 6 .77 6.78 price of the equipment has been paid in nesday, June 24.

A hearing will proba- u3inceite Edward dd George olt the 13 ge el 0 acceptance Bos- tabu. 7' The Illinois Central Railroad Co has id steady; cl ilosed just borrowed $3,000,000 for five months bly be held in the Federal Court in Bos- the reo -f tti 1 30 10 Relatives and friends kindiy the offer. Ed uthne at 312 percent. Some time ago the New 1 ed. for American mid- a York Central $4 Oftl.) 000 for ton.

attorney for the bank creditors, MUTiltAlrIn 14outh Boston. June 12. by acct husband ing 6800 American, four months at 4 percent. said the offer wits acceptable to his nart hoifimew, of a ry E. 8 Murray (nee ono bales, or which The new French Cabinet has decided clients.

residence, 63 Middle st, Funeral notiee later. dere on contract, to ask Parliament to authorize the issue The offer includes $100,00 in cash and of a loan of $180,001000 at 312 percent, $1.400,000 )ear in five-year 6 percent mortgage --In South Boston. June 12, Michael 1, Payable in 25 years and not exempt notes. The inventory of the property J. Murpby.

Funeral from the residence of 4 his sister. Notes. from income tax. The proceeds of the made when the receiver was appointed rs John Ford. Athens st, sunday.

Jene 14, at 1 M. ServiePi at house loan are to be spent for the extraor- was $2,074.000 for the Hartford property at 1:30 o'clock. Relativea aml friend 1 In- i at cloths were dinary requirements Of the Army and and $1,300,000 for that in Westfield, Mass. vited to attend high mese at St Vincent's le only at con- Navy and also to cover expenditure in Church, Mouday, June 15, at 7:30 a m. Is also were In connection Chicago Livestock Do re ith Morocco.

Ch a ester. June II. Ella wife I I citic.i,GO, AMP 12Itog market strong, 5( of Clarence I. Ochs. 27 yrot 3 moe.

Funeral RA RR Bennett granted st, petition of the receiver for a hearing on the offer, Wednesday, June 24. A hearing will probably be held in the Federal Court in Boston, June 25. Col George Pope. the receiver, recommends the acceptance of the offer. Edward E.

Blodgett of Boston, attorney for the bank creditors, said the offer was acceptable to his clients. The offer includes $400,00 in cash and $1.400,000 in five-year 6 percent mortgage notes. The inventory of the property made when the receiver was appointed was $2,074.000 for the Hartford property and $1,300,000 for that in Vestfield, Alass. Chicago Livestock. cHICAGO, June 12-1tog market strong, 5( 10c; higher: estimated receipts, 16.000; left over yesterday.

4911; estimated receipts for tomor- row, official receipts yesterdav, 17.417; shiptueuis. 1903; bnik of Prices, sg.1044.8.25; light. mired. heavy, $.1.80,48.2712: rough. Yorkers.

8.15 t.8,25' Pigs, $707.75. Western cattle, Cattle market steady to strong; estimated re- beeves. cows and heifers, $3sofii native lambs, Sti.Zosit ttionriatteodmorLr an tomorrow. S.70; 'Texas steers, $6.800,1.80: stockes 2t)Ufo: today, 15.01i0; for tomorrow, g000! native WPstern Pheep, $5.6546.35: $723laWl-19- f6.80318Goi springers, Sharp to Be Ambassador to Fra Ace. WASHINGTON.

June 12Representative William G. Sharp of Elyria. O. was nominated today by President Wilson to be Ambassador to France. succeeding Myron T.

Herrick. Mr sharp to a Demqcrat leGOVERNIn Charlestown. June 12. William McGovern. 82 yes.

formerly of the West Bud, uncle of Mary R. Smith of Auxiliary No. 1, E. S. W.

V. Funeral services at his late residence, 22 Concord at, Sunday, June 14, sEt; at 1:30 Relatives and friends kindly invited. residence, 63 of Sildadryle MURRAYIn South Boston. June 12. by acct.

Funeral notice later. MURPHYIn South Boston, June 12, Michael J. Murphy. Funeral from the residence of his sister. Mrs John Ford.

tstb Athens at, Sunday. June 14, at 1 in. Services at house at 1:30 o'clock. Relatives and friends invited to attend high mass at St Vineent's Church, Mouday, June 15, at 7:30 a oCHSla Dorchester, June 11. Ella wife of Clarence 1.

Ochs. 27 yrit 5 mott. Funeral services at the residence of her parents, Mr and Niro Minot B. Thayer, 11 Monson at, Sunday. June 14, at 3 in.

Relatives and friends invited to attend. SAUNDERSIn Restindale. June 11, Mary wife of Alfred A. Saunders. Funeral from her late residence.

233 Metropolitan ay. Saturday. June 13, at 1:30 tn. Services at Sacred Heart Church at 2 o'clock. VERYIn Roxbury, June 11, Eliza daughter of the late Theodore K.

and Harriet G. Very. Funeral services at Warren at. Saturday. June 13.

at 2 nt. Relatives and friends invited. Flowers delivered anywhere In U. S. at a few hours' notice.

PleoTilgt7 el6 Dit 3143Hr Jed 5t 632 M. H. DWELLY, Treasurer. Boston. 51ass June 11, 1914.

Eastern Texas Electric Company Beaumont and Port Texas PREFERRED DIVIDEND NO- 5 A semi-annual dividend of $3-00 per share has been declared on the preferred capital stock of Eastern Texas Electric Company. payable July 1. 1914. to stockholders of record at the close of busineas June 16, 1914. 8TONE WEBSTFR Transfer Agents.

MI I Milt Ort 1110 Speed Ring llood Rubber Pt. King Crowther WM. Brewerlea No. Butte Ex. Dec.

Box. City Club Bd. Barney Copier Caledonia Copper El Favor Anti-Friction B. le Mont. Tr.

nets. Mont. Tr. Pets, and all other Mining. Oil and Industrials.

send for Bat of Dividend payer. Incestorli Manual sent oron raquevAt. FIELD FY Bondi; isnd Investment eelsettles 53 STATE BOSTON, MASS WANTEDAndersen Coal Company Bonds. 141, Globe office. 7 TAX FREE PLYMOUTH RUBBER Co.

WO PER SHARE de EARNEST E. IsMITIS -14t IS DENONSHIRE STREET BOSTON Treasurer. 4 .4. Tease NO. 5 If $3.00 per he preferred Electric 14, to stocks of business der Agents.

SELL bber Pt. -eiverlee Club Bd. i Copper Font. Ti Pets. Industrials.

re. Intestoes 4 rf 111Pe 11,4, MASS len Coal 41, Globe wE ER CO. LRE -s.