The Boston Globe du lieu suivant : Boston, Massachusetts • 7

1915 7 we THE BOSTON GLOBE-SATURDAY. AUGUST' 14, --I 1 1)1 ,2 I MA YET I 30 ic974paries I 0 sT 0 AND NEW yoRK PRICES I I 2.167.201 130.957 I74.269 4.319,574 97.322 I 3.108,90R 173,422 BOSTON STOCK MARKET. NEW YORK STOCK MARKET 1.210.6043 270.740 286.711 STOCK EXCHANGE, Aug 13Follow- NEW YORK, Aug 13Following are 32.378 23 ing are the highest and lowest sales of the number of shares sold. with the 1,210.002 I stocks and bonds at the board today. highest, lowest and last sales of today.

362.26 I with last sales of today and yesterday: compared with those of yesterday: 370,062 I STOCKS Sales, Shares sold High Low Ang13 Aog12 NEW ycyBK, Aug 13-Following are I the number of shares sold, with the highest. lowest and last sales of today. compared with those of yesterday: Shares sold High Low Ang13 Ang12 Vi points. American Zinc yielded a (warier ended June point and a half. closing at 52.

The follows: lower condition of the spelter market is 1515 the explanation of the slump. On its Fit try earnings Butte superior seems low. paml eta 1.455.416 The local railroads were fractionally Tot op rev 4.416,S lower. New Haven selling below 64 in Tot tap 56 the early trading. Boston Maine sold Net rev fin ry op 1 at 2314.

Tot op inc 1.253,780 The copper stocks were again dull I Tot non op inc 62.401 and gonerally a fraction lower. Granby I Gross Inc 1.376.161 sold at Kt, a loss of 1 points. The I Tot dedue 1,134.454 rest of the coppers were without lea- Not Inc 241.727 Lure. I Balance 241,074 Boston, Aug. 14, 1915.

I rrtes.4 American Telephone crossed 123 for a fractional gain; following strength in IDencit Decrease that issue in New York. Boston Elevated dropped back a point to 77. Pond NEW YORK BOND MARKET. Creek was active at 19. In the late trading American Woolen rose to 9Nt.

a NEW YORK, Aug 13Bonds were irgain of 2 points. The session as a regular today with narrow fluctuations. was devoid of interest and the total sales were only 33.959 shares. UNITED STATES GOVERNMENT BONDS the any 3 Or Coal Roads Lower and General List Off in Sympathy. that 1 ve be JERSEY): England organization.

With its executive headquarters a very large number of Its is paid in Massachusetts; and anil other reasons, including laws of Massachusetts, it Company as a corporation and rechartering the Company as a amounts of preferred and common corporation, to wit, stock; and that the relative with respect to Massachusetts corporation result of the proposed proceedings corporation will be vested and common stock as Massachusetts corporation will be Inactive members of your words, with the exception of Massachusetts, the rights be those in the old Shama sold High tow Aug 18Aug 12 10 Adventure 2 23 2 2 2585 Alaska 84 33 83 83 40 Allouez E3 52g 52 52 25 Am Ag Chem 563 56 56 56 25 Am Ag Ch pr 93 93 93 93 33 Am Sugar Ref 110X 108 108 110 33 Am Sug 1143( 114 1144 1131 297 Am Te1-123 122 1227 122 80 Am Woolen 8551 844 853j 84 1163 Am Woolen pr 92 893( 923 89 8281 53 52 52 53 15 68 673 6734 683( 20 At MSS. 11 11 113 98 pr. 26 26 26 254 i i i Closing Closing Today Yesterday CLOSING UNDERTONE HEAVY 2s, rog, 1930 971 20. coup 1930 97124 971para NEW YORK. Aug 1The overnight 3s, 1DI Fl 10014Ar decision of the Interstate Commerce 38' cemP' 1418 tooqq IOOh'lt 4m, reit 195 109 kt 109 (4 Commission directing sweeping reduc- tts, reg.

1925 109 0110 109 1101,44 lions In rates now charged by thean- 1925 1101401,110 97 97 3s Pan, 61, thracite railroads was the event f3f 2, Pan: 97 (it 97 primary speculative Importance to to- reg 101 ra 101 a 3s, Pan. '61, reg 101 101 'arc!) STEEL STOCKS MAKE rao THE BEST SHOWING. a tany with a tO Butte Rallies SomeAmerican Zinc Also Heavy. tilr5 In nt are mit; days Stock Market. Shares of the companies most concerned reetstered initial losses of 2 to 6 points.

the balance of the railway list receding more moderately. This decision was temporarily neutralized by a later ruling of the commission in favor of the soft coal roads, but transportation stocks were under constant pressure and closed with a heavy undertone. In the meantime war specialties, especially those of the more mercurial char acter. were again taken in hand by pools and syndicates with resultant advances of 3 to 5 points. Motor shares were unusually prominent.

the movement in this group being wider than in other equipments or industrials. New high records for the day included Willvs-Overland at 196 and Studebaker at 95. the former scoring a maximum advance of 18 points. Heavy selling marked the trading of the final hour, some of the important railways and United States Steel then selling at lowest prices of the sessions with a heavy and unsettled tone at the close. Total sales aggregated 865,000 shares.

To the student of financial conditions the significant feature or the day was another very sharp break in exchange on London and Paris to lowest rates recorded since New York became a financial center. Demand sterling fell to 4.7034 or 214 cents under yesterday's minimum and Paris checks at 5.89c showed a depreciation of 6 cents from the previous day's low rate. These quotations hardened with the close of the Stock Market. but it was nevertheless predicted that all foreign remittances would show greater weakness unless drastic measures were int mediately employed to meet the abnormal situation. Money rates remain at recent easy quotations and the known cash move ment for the week points to another large gain by clearing house institutions tomorrow.

qm." uter let lers ngs 4 ey efo 5 31 181. 181, 181 Bs, Pan, 'el. coup 101 101 a 27 Bos Elevated-. 7734 77 77 77 Stock Exchange transactions in $1000s: 93 233 2334 23 23 Am Oil 414s 1 1331 2 864 850 4 4 45 411 2 10014 Intbo-Met 41.224 RayConCop es Am 66 5 7414 33 114 to64 Sup. 64 62 633j 65 1 1 74 Reading ghl 4s 265 Ariz 63 63 63 63 Am Smelt' 5 7414 11 93 60 Centennial 17 17 17 18 1 107 intbo RT rtg5s 3 9335 1 0714 Reading-CNJ 4s 6 103 104 ni 101 1 trut, 1 92 55 Chino 45 443,5 44 10 10134 4 9714 Rep of Cuba 5s 635 Copper Range.

543j 53 53 54 27 102 5 37 1904 2 10174 Int Met, Mar 1 96f- 96 20 2 2 2 Am col 4s COI 414s Repub US 5s 15 East 12 12 12 123 5.s15f SS4, 5.930f.. 6615 3 954 4 Edison El Diu. .233 233 238 234 3 88,18 1 68 5 0473, r'l 10.s30f.. 66 94 1 Fitchburg 62 62 62 estate Trust Co etts I 95 10 Ga El 85 85 85 5 91, 5 68 BloGNV col 4s 9 9142 5 66 1 704 195 Granby Cons'd. 823 81 81 824 A cvt 5s 6 10 38 384 88 384 65 5 101 10.630f..

6514 T2 10 rust Co Ws 19 16 15 15 163 A gni 4s 10 7912 qtP 41s 2389 lard Creek Coal 50 48 49 49 5. 2 60 109 lard Creek pr 90 90 90 1 999111.tal,i, linet Pap 1st 8 last666ss 1 2. 4 lint Pap evt 5s 65 13.630f.. 01 200 1818 Royale-- 26 26 26 27 5 91 10 100 8 3 8 34 8e2abAirL a61541 92 lot Stm Pump SelabAirL rtg4s 110 Kerr 8 70 ss 10 10 10 11 2 011 1 SO 20 MaCon 20 Mass Electric-. 5 8 5 5 5 A cvt 4s 5s Trust Co 2 81m, 275 Mass Gas 93 92 92 93 1980 Ws 2.

61 62 McElw'n lat pr 98 973 973 98 15 103 4 60 SoBell 5s AtICL-L N4s ap 221 ser 41-4s 2 8714 50' Miami 25 25 25 1 82 German strop sonic est 5, 85 70 70 70 70 0 gold 4s 15 70 1 1 87 8 7034. 1 0914 10 Tel 132 132 132 9() 1 80,.. 6 '25 25 9 107 New Id 10 10 10 10 Kings Co EL- 4 8914, 95 New 10 10 10 10 1 Sov. 4 1 crt 4 914 5 ria. 2 567sva 5 120 3 8814 193 STipissing 517g 5 5,116 51 0 evt 1i 'c So Pac ert 4s 2s 31b 3.830f..

874, 2 814 280 North Butte. 29 28 29 293 1 S714 83 20 31; 6 North Lake 1 1 1 1 2 Lsek St! 5s '23 so Si 48 174 64 683 643 64 6 8g4, 1 9414 1.830f.. 4 85 2 87 85 5s '50 2. 8514 1 Old Colony RR-1413i 141 14fli 141 3 87 13 7814 Southern By 5s 45 Old 52 52 62 Swn 31-is 13 7S14 1 1 97I' 10 7816 78 southern Ry 4s 88 5581 PondCreekCoal 191 18 19 18 1 8,8,, 1 ,814 1 84 Pullman 159 161 160 5 ''''42 5 625 25 Quincy 86 85 86 88 2 $38 5.830f.. po Stand Mill 5s 10 Ray Cons'd- 22 22 22 Beth St' rtg 5sris, isi 9141 5 10134, I 23 Tex Co cvt 6s 25 Reece 15 15 15 8 5, 2 100 105 Rutland 20 20 20 12 8 10114 15 10014 25 7 7 7 74 1 10134 Lorilikrd Co 7s ThirdAv rfg 4s 109 102 1 5 12014 3 78 70 Shattuck 26 25 25 28 1 10214.Loril1srd Co 5s ThirdAv adj 56 40 South 6 63 63 6 10 mai 2 100 10 76 30 St Mary'a Land 55 55 55 55 Bklyn By 5s 5 1004 4s coupon 1 190 4i 2.

190 1 1101i VO ri Boa. 23i 2 2 2 upe or Buff It 41-2s gni tis to Poe 1st 4s 85 Superior 253-5 25 25 25 2 1002. I 112 1 9312 135 Co 114 113 1189' Cen Pac 1st 4s 5s 3 93 5 85N 2 1001i 4 0314, 205 Tamarack-- 5435 53 54 54 10839f- 85142 N-St Ss Cu Pae ert 4s 24 Torrington-- 3'2 32 32 9. 85 10. s3Of 10614 14.s30f.

90ti 70 Trinity. Oi VA ei con 5s MichState 5g 10 9014 4 149 United 1323,5 132 132 9s1.6 l'n Pae rtg 4s Ani, I 60 31 Boo Albany 181 181 181, 181 27 Boa Elevated 77 77 77 mi 93 233 23 23 23 850 Butte-Balla 4 4 45 411( 4564 84 62 623j 65 265 63 63 63 the )ot, 0 1 1 Directors of your Company, large stockholders in the the proposed plan. They of an Advisory Committee Company, Eugene R. P.Binney, with Brown Brothers of Board of Directors of Chase National Bank, both of every important step in the already signified their general Trust Company of New certificates of stock In the in order that the Committee plan. A form of agreement depositors and the depositaries, with either one of the depositaries, each stockholder.

Woolen Company unanimously forward to one of the depositaries indorsed thereon. duly a prompt completion of of deposit duly executed 4ipertificateswill be transferable application at an early date to certificates of deposit of the Company are now listed. law to be provided, affixed collateral security, you tre with you in carrying out of the Woolen Company under the rules and regulations the Le The Stock Market was Irregular yes- terday. but most of the leaders were lower. The losses In the anthracite coal-re carrying roads were sharp and In sevt, rat instances amounted to several points, and the general list was also lower, the cause of the recessions being en order of the Interstate Commerce Commission reducing the price at which anthracite coal is to be carried.

The mar- ket opened heavy and was heavy pracra tically all day. The close was above the low of the day. The total sales exceeded IcAi))10 shares. The market's reaction was not as ex- tensive as might have been feared. The recessions did not uncover as many top-loss orders as might reasonably kave been anticipated and so the slump did not prove alarming.

By the end of a ticlf-hour the worst was over and the 55 were lifting from the low The railroads as a whole were weak-, tried by the break in the coal group. but they held up remarkably well. The furnished a good test of the stability of the market. Ancaher explanation of the reaction yesterday is found in the suggestion that some of the foreign stocks and hoods that arrived in this country early this week are perhaps finding their way Into the market. NVhether this is so is not known.

but it had been supposed that the securities came only os collateral pledges. but this may not mean that on a favorable market they would not be ciTered. 1 Other market Influences yesterday were the Dardanelles situation, about' a'hich much uncertainty rests. although it is apparent that some radical de velopments are at hand. Large wheat tot! ai in hCohritcat tie sisalts and get wheat from Russia.

Facia a change would be of interest tol Allies have been canceled. which at Once suggests that gi for they the Allies believe command rnatohde the copper metal market. its Russia could purchase our copper and get quick delivery ot munitions. The P.eeign exchange situation in this Numtry remains heavy and weak and 1 as if it might be still NN eakcr. which means that more gold must be tent the other side.

Es 1 I 5 I I 4 1-1AWe'llii- DANK To the Preferred and Common Stockholders of the AMERICAN WOOLEN COMPANY (OF NE1 The American Woolen Company is essentially a New 400 Adams 99 99 99 but one exception all its plants are located in New England; 98 6200 84 331,5 84 8351 are In Boston; its largest mills are situated in Massachusetts, 84200 Allis-Chalmers 443 40 411,5 423-1 stockholders are Massachusetts people; the bulk of its taxes 6100 Allis-Chal 751-5 7251 74 74 most of its financing is done in Massachusetts. For these a 1400 Am Ag Chem. 56 5551 56 55 12400 58 581 59 important advantages offered by the corporation and taxatio 200 Am .108 105 105 i5 the opinion of your directors that the interests of your Co 18100 Arn Can 59 8834 89 89 of the stockholders individually will be best served by rech 25700 Am 69 67 68 6751 Massachusetts corporation. 200 Am 11711 117 It is proposed that the new corporation shall issue arm 300 AmCoalProds 142 142 142 143 2800 Am Cot Oil-. 5151 493 50 493 mon stock equal to those now outstanding of the New Jerse, 200 Am 973 97 973 000,000 of preferred stock and $20,000,000 of common 1000 7 73 7 6 rights and interests of preferred and common stockholdel 500 Am 35 843 3555 84 dividends, voting rights, shall be the same in th 400 233j 23 23 23 as they now are in the New Jersey corporation.

The final 200 Am Lin 0 pr 29 29 29 ceedings will be that the assets and good-will of the NewJers 14100 Am Locom've. 563. 8851 54 5834 in the Massachusetts corporation, which will issue its prefe 300 Am Malt Corp 8 6 6 6 above stated. The directors and other officers of the Massac 8500 Am Smelting 8055 7951 79 8011 4600 Am Steel Ftly 45 43 433 43 those of the New Jersey corporation, with the exception of tm 600 Am SugarR 11051 10951 109 110 board, one of whom is a resident of New Jersey. In other wo 60o: AmAmTSuelgaarlpei 9 22 2 1114 11124 2 1112454 some minor differences rendered essential by the statutes 16 822 2194 0008 0000 AAAA mnmma cww: nl ioo odot 1 al epe.nn.

rir 986 82863 iu :38974 41 1 9688275 3 41411 688. 894. 41 5 and interests of the stockholders in the new corporation will 1 Hon. The undersigned five members of the present Board of at the request of their associates in the Board and of certall 100 Assets Realiz'n 5 5 5 Company, have consented to act as a Committee to carry ou 1100 Atchison 10331 102 1023j 102 have been so fortunate as to secure the acceptance as membe 7100 BaldwinLoco 813 794 803- 80 tee of Messrs. Philip Stockton, President of Old Colony Tru 6700 83 8134 82 823 Thayer, President of Merchants National Bank, and Henry P.I 500 pr 71 70 70 71 Company, all of Boston, Alexander J.

HemphIll, Chairman 2000 Bethlehem Sr 296 288 288 299 800 Beth'm St' pr 170 155 161 165 Guaranty Trust Company, Albert H. Wiggin, President of Ct 12900 Brooklyn 85 Ea 84 86 New York, with whom the undersigned will consult upon 4700 Supe 64 62 63 65 transaction. The members of the Advisory Committee have at 100 Buttedck Co 23 28 28 approval of the proposed undertaking. 810 Cal Petrorm 16 16 16 15 The Old Colony Trust Company of Boston and the Guar; 7100 Canadian Pac 153 1513 15215154 York have agreed to act as depositaries and custodians of your 2400 Central Leath 4211 423( 42 42 7300 473j 445 4551 45 Woolen Company, which will have to be deposited with them I 1 200 15 15 15 12 may be empowered to take the necessary steps to perfect the 600 ChleGtWast 123 12 12 12 between your Committee, the Advisory Committee, the depo; 600 ChicGtWpr 31 30 80 3141 to which you may become a party by depositing your stock 100 North 127 127 127 127 positaries, has been adopted and a copy thereof mailed to moo HU le 17 1734 The Committee and the other directors of the America 1300 Chino Copper 44 4411 444 44 10400 Colorado Fuel 424 40 41 40 mously recommend that, at your earliest convenience, you fo 1 9400 Continent Can 93 86 92 8611 taries your certificates of stock with the power of attorn 100 Cent Canpr I03 103 103 executed and witnessed, in blank, for the purpose of facilitat 14400 Corn Products 16 163 16 163 400 CornProdpr 82 8211 8251 82 the proposed undertaking. You will receive at once a certificr by.the depositary to which you may send your stock.

Such 17700 Crucible Steel. 83 773 78 81 able either in Boston or New York. It is proposed to make api 550 Crucible Sti pr10311 103 103 1023 the Stock Exchanges of Boston and New York to list the ce 100 146 146 3800 Distiller 29, 281,1 28, 28 depositaries in like manner as the shares of stock in your 1600 DomeMines 2234 21 21 223 The Committee will cause all transfer tax stamps required b) 32200 Erie 285 27 27 29 and cancelled. 8600 Erie 1st 4411 433( 48 45 Should your stock be in the possession of a pledgee as 100 Fed pr 44 44 44 44 advised to consult the pledgee, who will doubtless co-operato 1300 General Elec 173 171 172 172 2400 Gen Motors 224 218 218 221 the suggestions herein Dividends declared upon stocl 200 Gen Motors pr109 109 109 10951 will be paid to the registered holders of certificates of depos 45800 Goodrich Rub. 5751 543( 56 54 lations now applicable to certificates of stock.

200 Goodrich pr 107 1073, 107 Very truly yours, 1000 GtNorthpr 119 1183j 1183 119 FREDEI 6400 GtNorthOra. 42 403 4015 4111 WILLIA 300 Guggenheim 63 63 68 63 180 118 118 GEORG 1500 Inspiration. 8251 82 82 82 ANDRE 700 Interboro Cons 20 1911 19 203 WHEAT 400 InterboroCpr. 723-1 723 72 72 1600 Inter-Met 20 20 20 20 1700 InbAgricult'al 183 16 1711 16 400 Int Agriyural pr 83 80 80 900 Int Harvester.109 10611 109 107 100 Int Har Corp 70 70 70 7015 I 5400 10 9 log 9 in paper. Springfield, have filed a pea1300 89 8811 393'.

884 tion in bankruptcy. Their liabilities wiLL SECURE A 4300 Kan City 294 28 2811 28 amount to $17.840, of which $10,285 is se- 600 Kan So 59 571 58 59 sceueruerdedancdre sis 1300 Lackawan Stl. 5415 53 54 54 mated $8788 11700 Lehigh Valley.1433,5 18915 1413 146 William C. 'MacNeil, clerk: liarble; BAY STATE CHARTE due taossaebtsouatre50 etaant- 100 Loose 19 19 19 head, is a petitibner in bankruptcy. 200 N.11811 113 11811 bilities, $497; assets, a rr en5ter.

Somerville, 16475 Maxi 4011 34 40 84 has filed D. Young. led petition in bankruptcy. He AmericanWoolen Compani 4300 Max Mo 1st pr 87111 R5 ARI-4 owes $798 and has no assets. 8550 Motx Mo 2d pr.

36 82 3551 33 to Leave New Jersey. 7100 Meg Petrorm. 81 773 79 79 NEW YORK CURB MARKET. 450 Miami 25 2515 2511 1450 MIAS Marie.117 117 117 121 NEW YORK. Aug 13-Trading On the 800 83 8 83 su Curb was comparatively quiet.

with Change Will Confer Benefit Upo 100 Mo. 18 18 18 19 price movements Irregular. Interna- 5500 Mo 231 1 1T1 2 tional Mercantile Marine issues were 100 NatBiscultpr.123 123 123 123 weak! the old preferred yielded to. Securities. 16100 Nat Enamel-.

2955 2711 28 2711 6:,,. Further gains were made in the Corporation's 1100 NatLead 6511 6315 641,1 6411 Canadian Car and Foundry stocks. An 600 Nevada 14 14 4 Official announcement is made the 1000 Air Brake.120 116 117 118 advance of 7 points in South Oil to 325 the American Woolen Company is to be 4000 NYCentral 91 90 90 91 was the feature of the Standard Oil come a Massachusetts corporation an 700 6415 637 64 643 market. The following are the sales, that It will surrender Its New Jeree: 5100 Y. W.

27 25 2511 opening, highest, lowest and closing 600 10815 107 1083( 10811 prices: charter. This Is one of the most impor MINING COMPANIES tant developments of the year. The cor 1100 NoPacifie! 10851 108 10815 1025 Last 8360 Pacific Mail- 84 32 83 82 shares and Stocks Open High Lew Sale potation dates back to 1899. While th, 1500 Penneylvania11.108 1081,5 10815 1093 200 Alaska Jun 11 113 1134 111,5 reorganization is largely formal, tip 100 Peoria Ens'n 9 9 9 923 llmta zCinocna .88 88 -87 .87 fact that the company is to enter thi 53 53 51 5174 400 771-5 76 77 79 5 A Sm See A. 85 85 85 85 Bay State fold is very pleasing and tho 200 PC, StIa.

72 701.1 7011 70 8000 Big .06 .06 .006., securities of the corporation will becomo 1300 Pitts 1100 Big 25 25 25 2511 74 2 71 Pi attractive tax-exempt investments. 400 Pitts Coal 94 9315 93 Vol PZinc 24 215 2 24 It is not anticipated that there will bo Ledte 2 250 Pitts Steel 90 90 90 100 Chile Cop 18 '18 18 18 any real opposition to the plan. The nev; 14300 Pre fed 64 6051 6251 62 1800 Con Ariz 1530 Pullman Car-162 160 16215 500 Dome Ext -20 .20 .20 .20 corporation is to have the same numbel ..74 as .74 .78 of shares of preferred and common stock 200 Genesee 112mlit Cop 500 4 315 8 2'2W1 .40 .40 .40 .40 2900 Ry Steel 414 40 40 41 1300 Goldfield Cone 1 5-16 1 5-16 111 1 5-16 as at present, which will be 8000 Ray Con 223 22 22 2211 2000 Goldfield Merger 213i .2112 .21 .21 preferred and $20,000,000 common, the 44400 Reading 149 1463. 147 15011 :07 .07 .07 15 .13 .15 amounts issued in the present New 100 Reading2dpr 82 82 8'2 823 1300 Hoowde Sound gsi 3 sti 315 eey corporation. A committee of the di- 8000 Repub I Sti 45 43 4411 4311 5oo Jumbo Ext .1 7-16 1746 1 746 1716 rectors, consisting of Frederick Ayer, 800 Rep I Sd pr.

98 9834 984 9834 8700 Kennecott Mtn- 31, 8 Wit 301i, 86S William M. Wood, George Bullard, 27250 Remely 14 10 rry lo 11-16 8 811 -16 Andrew G. Pierce Jr and Wheaton Kit- .44,0 Magna 131i 184 131i. 134 tredge. will assist in making the coy- 15 700 Kerr Lake 5700 Rumely 18 16 16- 17 100 Nipissing 514.

5i 514 5'41 porate change and Colony Trust 400 Seab'd Air 1411' 14 143 0000 Ilex con .44 .45 .44 .45 Company and the Guaranty Trust Corn- 4 .24 .24 .24 950 Seab'd AL 33 321i 1 8)(0)3 Standard li 1000 Sears-Roe 1300 Stewart -3 154 154 185 of New ihew.lYkl egt rutern)g esea i forr the new! 5 exchanged 2630 4911 48 48 48 300 St Jos Lend 12 1215 1115 1115 1e AlieS ii18 1 9-16 1 9-1 8 19-16 I 1 9100 South Pacific- 89 8815 89 894, 400 Sueeessh In. 4, 3142 1 3 -11146 1 31 -8 v2, 1 3 1 This proposed change has long been 3142 4 4 4 under consideration by the chief Nil- 2200 Southern 16 164 161i 16. 'Tocninorah 14r .37 .88 .87 .38 cials of the Arnerican Woolen Company. 500 St San 63( 5 5 815 200 Tonopah Mining 5 5-16 5 5-16 5141 5143 It was in Massachusetts that the com100 Wpr. 81 81 81 5000 Wasschits 1 3-16 114 114 IA pany had its origin in the famous old 400 West End Cons .60 .60 .60 .60 Washington Mills of Lawrence.

The ex1700 St Paul 83 8215 821 83 1200 White Knob 214 2 26 2 ecutive offices have always been main800 Stand Millinz 5614 56 56 ..0" 0 I rtchel Iv. Tleseefel.vt In A lit Ifti a SnG. ts 1530 Pullman Car-162 160 162 511 n'xt AU 41.1 500 4 3 i 8 2'200 Emma Cop .74 .78 200 Genesee .40 .40 2900 Ry Steel 414 40 40 41 1300 Goldfield Cone 1 5-16 1 15. 3000 Ray Con 223 22 22 223 2000 Goldfield Merger 213i .21 44400 Reading 149 146 147 150 2VieliiillOro. 07 .07 .13 .15 100 Reading 2d pr.

82 82 8'2 823 1300 Howe Sound-- 884 3 8000 Repub I Stl. 45 43 44 43 500 Jumbo Ext .1 7-16 1 7-3 800 Rep 1 Sd pr. 98 98 98 9834 8700 Kennecott Mtn 8 27250 Rurnely 14 10 113 10 ri9, ilkeargrnai'ake 13 13 5700 Rumely pr. 18 16 16 17 i 100 Nipissing 514. 5 400 Seab'd Air 14 14 143 I6000Rex Con .44 .45 950 Seab'd AL 33 32 32 1000 Sears-Roe Co-155 154 154 155 1000 Sells Alin .24 it41 800 Standard 8 1 9-16 2630 Sloss-Sheffi'd- 49, 48 4W, 48 300 St Jos Land 12 121 9100 South Pacific- 89 883-5 89 89 .1,1 VI 414 41 1300 Stewart Mining-1 3-32 1 3-1 2200 Southern 16 16 16 16 mer .37 .88 500 St San 63( 5 5 53 200 Tonopah M1n1ng5 5-16 5 5- 100 St pr.

81 SI 81 5000 Wasachlta 1 346 11, 400 West End Cons .60 .60 1700 St Paul 83 823 82U 83 1200 White Knob 214 21 800 Stand Milling 56 56 56 SHAWMUT BANK BUILDING, To the Preferred and Common Stockholders of the AMERICAN WOOLEN COMPANY (OF NEW The American Woolen Company is essentially New but one exception all Its plants are located in New England; are in Boston; its largest mills are situated in Massachusetts; stockholders are Massachusetts people; the bulk of its taxes most of its financing is done in Massachusetts. For these important advantages offered by the corporation and taxation is the opinion of your directors that the interests of your of the stockholders individually will be best served by Massachusetts corporation. It Is proposed that the new corporation shall issue stock equal to those now outstanding of the New Jersey 000,000 of preferred stock and $20,000,000 of common rights and interests of preferred and common stockholders dividends, voting rights, shall be the same In the as they now are in the New Jersey corporation. The final will be that the assets and good-will of the New Jersey in the Massachusetts corporation, which will issue its preferred above stated. The directors and other officers of the those of the New Jersey corporation, with the exception of two board, one of whom is a resident of New Jersey.

In other some minor differences rendered essential by the statutes of and interests of the stockholders In the new corporation will The undersigned five members of the present Board of at the request of their associates in the Board and of certain Company, have consented to act as a Committee to carry out have been so fortunate as to secure the acceptance as members of Messrs. Philip Stockton, President of Old Colony Trust Thayer, President of Merchants National Bank, and Henry Company, all of Boston, Alexander J. HemphIll, Chairman Guaranty Trust Company, Albert H. Wiggin, President of New York, with whom the undersigned will consult upon transaction. The members of the Advisory Committee have approval of the proposed undertaking.

The Old Colony Trust Company of Boston and the Guaranty York have agreed to act as depositaries and custodians of your Woolen Company, which will have to be deposited with them may be empowered to take the necessary steps to perfect the between your Committee, the Advisory Committee, the to which you may become a party by depositing your stock has been adopted and a copy thereof mailed to The Committee and the other directors of the American recommend that, at your eat-Nest convenience, you your certificates of stock with the power of attorney executed and witnessed, in blank, for the purpose of facilitating the proposed undertaking. You will receive at once a certificate by the depositary to which you may send your stock. Such either in Boston or New York. It is proposed to make the Stock Exchanges of Boston and New York to list the depositaries in like manner as the shares of stock in your The Committee will cause all transfer tax stamps required by and cancelled. Should your stock be in the possession of a pledgee as advised to consult the pledgee, who will doubtless co-operate the suggestions herein Dividends declared upon stock will be paid to the registered holders of certificates of deposit now applicable to certificates of stock.

Very truly yours, WILL SECURE A DAY STATE CHARTER AmericanWoolen Company to Leave New Jersey. Change Will Confer Benefit Upon Corporation's Securities. Official announcement ts made that the American Woolen Company is to become a Massachusetts corporation and that It will surrender Its New Jersey charter. This Is one of the most Important developments of the year. The corporation dates back to 1899.

While the reorganization is largely formal, the fact that the company is to enter the Bay State fold is very pleasing and the securities of the corporation will become attractive tax-exempt investments. It is not anticipated that there will be any real opposition to the plan. The new corporation is to have the same number of shares of preferred and common stock as at present, which will be $40,000,000 preferred and $20,000,000 common, the amounts Issued in the present New Jersey corporation. A committee of the directors, consisting of Frederick Ayer, William M. Wood, George E.

Bullard. Andrew G. Pierce Jr and Wheaton Kittredge. will assist In making the coy FREDERICK WILLIAM GEORGE ANDREW WHEATON dials of the Arrierican Woolen Company. It was in Massachusetts that the corn- pany had its origin in the famous old Washington Mills of Lawrence.

The ex- ecutive offices have always been main- tained in Boston, and the 1(1 plants of ecutive offices have always been main- IN.171'sYlit'ngton'toMrlis' 'SO7 Ca' Is7eenZk1-1; tained in Boston, and the 16 plants of AYER, M. WOOD, E. BULLARD, G. PIERCE, KITTREDGE, Directors' Committee. WALL-ST NEWS AND GOSSIP.

NEW TORK. Aug 13 Liquidation, profit-taking and aggressive short selling were responsible for the decline in the Stock Market today. The Interstate Commerce decision cutting off $8,000,000 in gross earnings of the anthracite coal roads fell like a bomb on the stocks of these companies at the opening. A break of 414 cents in the pound in sterling exchange since the last gold import was announced emphasizes the huge debt of Europe to this country and makes many people nervous over the way that this debt is to be liqudated. On the fateful day, Friday the 13th, at the fateful minute of LIM o'clock, war stocks were advancing.

Another bearish factor has been removed from those lately depended upon. Bethlehem Steel preferred was ISO yesterday. Today it was 155. Reason for yetterday's high price was not found in any of the news developments subsequent to the establishment of that price. le's I -tort a 0' pse, 1 e.

I He had in his possession a bicycle and cap owned by Arthur Brown of Turners Falls, it is claimed. Burke will be brought to Greenfield tomorrow and recommitted to the Shirley institution. by 'nes of bt-j een Ai 5 Selling of Brooklyn Bapid Transit drew attention to the possible action of the company's directors at their next dividend meeting scheduled for the last Monday in August Expectation that a change downward in the rate might be made at that time has exerted an unfavorable influence on the stock for some time. evt-Pis LVtli 10 --80147 116 United Sh 50 49 49 16 74 1 81 8- 8841i 126 United Ma pr. 28 283 74 2 5074 Enite4 :s.1 RR 2 2 74 435 II Sm It A M.

4034 89 40 40 gni 744sli 51 24 4 -ic Canal 4s 511 1 99 52 II Sm rtdaq pr 47 46 47 46 1 11(114 28 Moa Pae eon fis En ItilotF 4s 1 168 1, Steel 74 73 74 73 9514 9 444 5 eo 250 31 3 3 3 4o Montana Power 1:7 Ilubbi? es 11 93 Co Ser A 1 10214 80 Utah 1234 12 12 12 joint 4s 2 00 1 10214 30 Utah 65U 65 653- 66 3 9314 1 9041 3 St' st 5s 769 Ventura Oil. 12li' 12 12 12( 914i. Nati Tube 5s 2 102 1 861.,2 4 On 2.s30f..102 10 West Union 713 71 71 7154 Mil St Newark Gas 54 20 1821i 25 Winona 3 8 3 8 evt 414s 1 103 1 102.4 1 NY Al 3 Wolverine 58 58 58 59 psoi l-Brake6s 10 9514 10 60L, 7 10114 Total sal 1500. stocks 33 959. Mil St NYC 4148 1917 5-C IO2 BONDS deb 4a 1934 May Vs Car Ch 5s "-Dist Sales 1 8714 7 1n1 3 on Amount cold High Low Aug 13Aug 12 Mil St NYC 1900 10 9014, 81000 4o.

88 F8 88 88 gni rfg evt 9 8b1 Fa Ir 5R 1000 100i 10034 5s ser 5 .1 95 10 10214 48 105s 4 S6 3000 West TAT 963 96 963f 8 102 2 0434 Wabash 1st 54 18 le 4s 1 00 959 I 1 1 1 102'2 8 9.41,1Wabash 24 5s BOSTON -CURB MARKET. gni 4s deb 6s 2 9214 A large number of stocks were traded 03'S sub rev; ft pd W4b111111 113 49 314s 20 103 Pq Tr Co etto in yesterday on the local Curb, but very rfg 41.1; 81 R3 1087i. 20 171 few of them showed any life and the 120 163:4 5s 1 17 sub rets Istful 1 100 changes in prices in a majority of cases deb 5o Web-PT lot 4s were extremely narrow. Iron Cap corn- 1 44 10 lo31-2 Cent Tr etfs 5. 4314 12 r.4 mon stock was traded in for the first Chile Copper 7s 5 ItIohn Tr etfs 1 10314 8 time.

New River common advanced to 2 1ln 25 1 6 a new high record for is move-1 5 gul4s 2 sTti Colm Tr etfs I 112142 rfg 414,4 11 for Cen Tr 1 follow: mbsecainrdetstest Quotations 1 714' NTYCeurts 131-2s Open Blab Low sale 1. Con 0 cvt es 2 1.11A133. NY Gas 8 78, 1 550 Bay State 0.. 13c 13c Ilc Ile 100 Bost Corbin fine 36e fOic 86c 5 Cuban A 91-6-81 Web-P 2d 4s 1100 Bost Motit.1 15-16 2 1 115-16 8 1431) I. 1024 1 14 000 Butte Loud 34e 84e 34e 84c rtg501' NY Gas West Elee 5s 300 Calaveras 1 1 1 1 W2MarylanidM4Iis 1 34 800 Cal-Corbin 5c Sc 5c 5c Distill 8 5s I 70 2APowerpm4s 1 500 Cal-Mont 28c 29e 28e 29e 5 66 NYNTI HSelvt 6514 1 Wsthae fd 5s! 1500 Chief Cons.

956 6784 1 500 Champion 7c 7e 7e 7e 95e 95e 95c 95c 1 100 Crown 50e 50c 50e 50e DuPont de 69 108 I-Rwys rf 4-4 1 So0 Eagle B. 114 1 1 1 Powder 414s 1 70 150 First 2 2 2 2 10 181 NYRwysadj 5, Westhse evt 5s I 000 Fortuna 46e 51c 46e 50e 5 10114 in 40 when issued 500 Fuller 8 134 8 8 5 113 300 Goldfi 11 eld Con. 1 5-16 15-16 1 3-10 1 -16 102 5. 6g715t4 s2 46.: 113 250 Se Sc Sc 9e 55 102 12 I NYTeleph CAA ,113,12 299 Iron Cap 2 214 21,4 214 04 18 4 9 do pfd 6 ..6 6 6 rix 55 102 when issued 44 113 0- 113 5 1132 10 1134 ma rn 3 th LS JAMAICA HIT BY STORM. Much Damage by a 50-Mile Gale to Banana and Beet Plantations Steamer Forced Back.

KINGSTON. Jamaica. Aug IS--A 150 mile gale over the northeast and south coasts of Jamaica caused considerable damage today. The greatest harm was done to banana and beet plantations in the eastern sections. Communication has been interrupted and the extent of the loss has not been ascertained.

A mail steamer of the United Fruit Company, which put out from Kingston. was forced to return to port. A few small vessels were destroyed, but en far as is known, there were Flo casualties. The storm was at its hight early In the morning and became less intense before noon. The weather bureau reports that the storm passed over Southern Haiti.

Cancelation of export contracts for 2.00).WO bushels of wheat reported from Chicago had something to do with unsettling the list in the war stocks. Were it so easy for the European belligerents to cancel contracts for food supplies it was argued, how easy might it be to cancel contracts for munitions, should the desire for such a thing present itself to the foreign Nations. les trIA ley 713, ird The Hard Coat Decision. Seven railroads in particular were affected by the hard coal decision. The Injury to the roads probably is overestimated.

as they will recoup themselves. The roads are affected In about this order, the first named feeling the decision the most: Reading. Jersey Central, Delaware Hudson. Lehigh Valley. Delaware.

Lackawanna Western, and Erie and Pennsylvania. The last two mentioned roads are only moderately involved. needing lost 3.ta points and was under eevere pressure. Lehigh Valley lost points. hut was not very active.

Erie lost more than a point and Pennsylvania yielded exactly a point. The other stocks are rather closely held and the effect on them was no indication of the state of the general market. In spite of the decision. the coal carriers in the end may earn more money than ever. The haul from producing to shipping points in reality is a very short one and rates charged for this acid very little to the cost of coal laid down at consuming points.

The commission takes the railroads to task for concessions and allowances granted to allied coal companies. but the railroads will welcome with open a-ms this opportunity to do away with these privileges for the change will mean a tremendous increase in their earning power. Last year the State of Pennsylvania rassed a law which created a tax of 10 cents a ton on all anthracite coal mined In the State. This tax cost was gassed on to the retail dealer. who in turn rassed It on to the ultimate consumer.

The report that the decision just handed doan by the COMMISPinn will mean a saving of about Si.o0o.00Y) a year to the consumer is probably entirely wrong. Any reduction in freight rates In the end will be added to the cost of coal. SO the railroads will not lose en that score, and in the end the ultimate consumer will pay this sum. 1 Movement of the Other Leaders. The equipment stocks as a whole did not join in the lower market, but Instead scored some advances.

Studebaker. which Thursday closed at 88. closed at a gain of 6 points; 7t4 tY Havana Port Closed. HAVANA, Aug 13Owing to reports of the approach of a cyclone, the captain of the port today closed the port tn outgoing vessels. The indications tonight, however, are that Havana will not be touched, but that possibly anme damage may be done at Pinar Del Rio.

On no one of the hard Coal roads has the Interstate Commerce decision fallen with greater force, relative to the business involved. than on the Delaware ec Hudson. This company does not haul coal to tide-water. It supplies New England. the Northern and Central New York and Canadian territory.

At some points in this territory rates have been reduced from 30 to nearly 50 percent. N-here they were $1.65 a ton. they are to be N5 and 91) cents a ton. The loss will be about The Interstate Commerce Commission specifically referred to the Delaware Hudson as having made enough profit in its coal haul to permit of a $15,000.000 investment In electric railways. So far this investment has been unprofitable.

from the standpoint of direct income. The tendency of Delaware dt7 Hudson's earnings on stock for severalyears has been a declining one. Like I Lehigh Valley. it is faeed with a possibility of a reduction from its present 9 percent dividend basis. 55 113,2 10 113,4 1131.9 10 113-; 10 9 113,2 10 1 113'14 10- 113314 1 113,4 17 113,4 10.

2 1124 112g 3 112L2 as 1121i 5 11242 5 113i, 113; 113114; 113 113t' 4 112N 3-i 112 112 112Ni 112 1121 1125 200 Jim Butler S2c 62c $2e 82e 150 Jumbo Ext 1 1 9-18 1 1 9-18 20 Kennecott 88 88 88 86 155 La Robe. 45e 45c 45c 45e 300 Logan 1 114 1 114 150 Majestic 62c 62c $2c 62e 200 Nies Metals 27e 27e 27e ---27c spoon Nat'l Zinc 51c 53c 50c 51c I 500 Sett Doug. 67e 6Sc 67c (Mc 896 New River 514 6 514 6 a S3 do pfd 45 45 45 45 20 0 tr rots 7 7 76 7 1110 Onondaga 2,6 1 2 214 100 3 NV 1 1 1 1 520 Stewart 1 13-16 1 1 8-18 800 Success 1 R-18 1 3-18 114 1t4 200 Triangle Film 5 5 51.4 114 loot Share. 2 211-18 2 211-16 1 957, 'S 93 Nigaral-Pwr5s 1 100142 No Pacific 4s 10 00,,4 10- 903, 4 004, No Pacific 3s 7 6,3 16.e30f 63 3. 63 Or Ca list 5s 2 100: OrSLIne rtg 44 1 ASS, 4s 1 ASSESSMENT OF $12.50.

This Levy Applies to Both common and Preferred Stock of International Steam Pump Company. NEW YORK, Aug 13The organize tiol plan of the International Steam rump Company, which went into receivershil a year ago, was announced today. It 12 10114 45 101 5 100761 20 101 5 1001,6 Erie pr lien 4s 2 8016 Erie gn lien 4s 10 663i Erie cvt 45 10. 6116 et 5s! 1 10314'1 Ereemont 5to 1st 68 1 117 Gen El deb 5s 1 103 adi income 5s 2 25 Indiana St1 5s 2 104)74, St deb 416s, 2 10074c. III St deb 4ti" ltd ell MONEY AND EXCHANGE.

2 81, 5 1 6 25 Yukon 2 2 '51, II tn Verde Eat 8 6 11254 775 5 5- 112'4 2665 Utah Metals-. 614' 654 814 6 7-16 Pac Coast 1125, 4 14 ,4 ,4 2 to5 Pacifier T5a 1 lora 1 calls for an assessment of $12.50 on the I common and preferred stock, amounting lin the aggregate to about Holders of the old preferred shares, on ceive a payment of the assessment, will re- precerred share Payment of the stessesement, will re- ceive a new 7-percent prefierred share r't-h'e- Id on On call money remains at 3 percent to brekers and the demand is said to be very small. There is no relief in sight and bankers can only hope that the demand for money that changes with sea plitys WesthseMtg r's dividend. Penn gni Cis Renotes 1917 Ex Total sales, 20,900 shares. 4 87111 temp receipts 2 100'i 32 873-4 4 75 Wit con4ti 11191 Con 61 3 97102 8 51 METAL PR 1922 1 97 Wissin Cen 4' 1.

133 Pub SetNJ 5s 1 82 The copper market I METAL The copper market 24100 Studebaker. 95 88 94 88 STANDARD OIL ST0( 800 Studebaker pr.105 104 105 10431 Buckeye 100651 ,51 20 Galena Sig 0... -Th. 1 5900 Tenn 43 42 43 42 25 Illinois ,147 148 1200 Texas l'2 12 12 12 50 Indiana 102 103 5 900 The Texas Co.143 142 142 1425 88 Ohio Oil Corp 11 11721, 1200 Third Av 51 50 50 613 1(0) Prearicriee 0 Or 382 388 200 Tob Prod 1013 101 140 Prairie 180 181 100 pr. 7 7 7 115 South Penn Oil.

328 835 200 Twin 91 91 91 15 St'd 011 of Ca1 295 295 45 El 011 of Ind 440 445 18000 Union Bag 81 6 7 6 10 8 Oil of 416 416 500 Un pr. 284 27 283 27 110 011 of 196 198 18150 Union 130 131 1313 10 Union Tank 83 83 100 Union Pae 81 81 81 81 INDUSTRIALS 100 Un'd Cigar Mrs 44 44 44 45 6000 Amer Marc 4 VA 1500 Un Ry Inv Co. 194 19 19 19 2000 Can Car P. 115 119 900 tIn Ry Inv pr. 8734 86li 36 gm 1820 aann tall's.

pr 121t 12t23 3300 tr II. Pipe- 22 201 20 22 car 64 984 3900 US Inl Alcohol 703j 65 66 653 450 Cent Foundry 13 '900 48 48 483j 48 400 Rub 103 1083 490 Cramp 8 El 70 72 303 Elec Boat 445 445 86000 Steel 7454 73 74 74 300 Hall Signal 15 15 800 Steel 112 112 113 500 Elec Boat pr 440 440 fi5 Hendee Mfg 83 83 cionn yr. t. cmi cmA, cc, 1400 Int Mer Mar 1 11Y4 1 1400 Int Mr Mar 1 184 8200 Utah 66 65 STANDARD OIL STOCKS 5 Buckeye 101 101 20 Galena Sig 0 165 165 25 Illinois ,147 148 50 Indiana 102 103 88 Ohio Oil 147 147 40 Pierce Oil Corp 124 12 70 Prairie 0 30,16 140 Prairie 180 181 115 South Penn Oil 328 835 15 St'd Oil of Cal 295 295 45 Oil of Ind 440 445 10 Oil of 416 416 110 Oil of 196 198 10 Union Tank 83 83 8000 Amer Mare 4 4 2000 Can Car 115 119 1820 Can Car pr 127 128 1980 Can Nat Gas 1 2 8400 Car 9 9 450 Cent Foundry 18 18 480 Cramp El 70 72 803 Elee Boat 445 445 500 Elee Boat pr 440 440 300 Hall Signal 15 15 PRICES. It If eL' okr I ea 1 4LIE 101 101 185 165 147 148 102 103 147 147 124 12 352 885 180 181 328 335 293 293 440 445 416 416 196 198 83 83 180 181 328 835 293 293 1 440 91 96 42445 91 83 83 Total sales against $3.667.000 yea.

terday and $3.341.000 a week ago. This day a year ago the Elehange was closed. From Jan 1 to date $477,053.000. against $424,905,000 a year ago. business interests, have recently been made more favorable in many respects to large business undertakings holding Its charters, at the same time that New Jersey laws have become less favorable.

I A considerable proportion of the stock business interests, have recently been made more favorable in many respects to large business undertakings holding Its charters, at the same time that New laws have become less favorable. A considerable proportion of the stock- CENTENNIAL MINE FIRE. I al CALUMET. Mich, Aug 13Fire today damaged No. 2 shaft of the Centennial Mining Company, putting the entire underground operations out of commission.

The flames spread to the second level but were confined to the shaft, burning to a depth of 150 feet. All the men were out of the mine at the time. Atr.elcan Locomotive gained a point: n''. ---j Can rose a fraction: National sonal conditions will be of sUflIcient im tnamoling rose a point and then lost its peirtance to warrant a general marking g.i.o. noel the Rurneley issues were strong up of rates.

The usual table of rates et higher Crucible steel was feverish Pte follows: and weak the last of the session. closing I call money -3 percent It 71. a low of 3 points. Willys-Over- I Tim. loans.

ehort dates porcent larti rained 13 points and moved to a Time loans, pis months itt, 31, percent I new ligure. Time loans. year -0, percent percont er Steel common. aft er some early weak- Cmuyver'181 Per 3 ti Ns lb' ew York fund Pat in which it sold freely below 74. teearne stronger and sold most of the Boston balances rest of the session above that fig-tire.

at subteeasttry credit 3.60-ts tIrr.e.s making spurts up to 7434. If there Nflt York clearings 341.516.7,17 wer fore lgn offerings of this stock they New York balances 18.838.0019 were eastly absorbed. The stock acts Neve York Subticassry debit 947.612 well. although heavy profit-taking is El gotng on. Sterling exchange Is very weak.

Local posted foreign exchange rates follow: Chesapeake Ohio was ottrong. touch- ba 47 and closing at 453.1. and Baltimore Sight 60 dayi ilt Ohio rose fractionally. but yielded at 4.73 tke close. These are port-coal carrvinw Commercial 4.73 4.6TIA Foals anti not hit by the Interstate Corn- Irerce Commission's decision.

lietchmarka The issues of American Woolen be- cstiders 461i tame vet-y strong on the news of the Lire 6.36 thance of charter to Massachusetts. I is ctecks 5.25 is explained elsewhere on this rue. The preferred rose to 92. a gain BANK CLEARINGS. et nearly 3 points.

and the common rose 1 NEW TOIlK. Aug 13According to more than a point. closing at 3Z-4. its 1 Vellest price for years. Pradstreets the weeks bank clearings i aggregate a decrease of sonal conditions will be of silfilcient impeirtance to warrant a general marking up of rates.

The usual table of rates, Pte. follows: (-Ali money -3 percent Tim. loans. short dates 'percent Tim. loans, sut months 3, (4311 percent Time loans, yenr 41ifit -0, percent Comyeerclal paper 3, 14-1 percent New York Par Ito.ton Boston balances Poston Subtreastiry credit 3.4W9 NI.

It York clearincs 341.610.7,17 New York balances 18,838.0013 Nest or Subtreasury debit 947.S12 exchange is very weak. Local posted foreign exchange rates follow: Sight 60 days Cable transfer 4 733yi Lea. slid ntFt.f present he ding in new tinhe present ormgaanssizaacthiounsetthtsat acirtei elsocaatnedd cum on ant en. 1 Holders or old common will reeeive towns include the largest plants and a s- great proportion of the most valuable nue new securitiee 17 percent of new common tock. Vari are to he erected machinery and stock in process of the under the reorganization, including a.

company. Massachusetts laws, under Class A 7-percent cumulative preferred the pressure of constnnt agitation by stock; a Class 13 6-percent preferred noncumulative for three years and about of common stock. The syndicate managers will reeelve new common stock In coneiderstJersey Mon of underwriting cash requirements. also a casth commission of 5 percent on holders of the American Woolen Corn- about $3,900,000. The plan of reorganizepany are residents of Massachusetts, tion has been approved by the several where these great mills are taxed, while bond and stock committees involved.

the capital stock held by these Massachusetts residents is taxed also. This GRANT RATE INCREASES. Is in effect an onerous double taxation, which will no longer have to be borne when the American Woolen Company Virtually All Changes on Coal and becomes a Massachusetts corporation. The relief of so great a proportion of Coke Asked by Southeastern the entire American Woolen stock from Roads Are Approved. double taxation In Massachusetts cannot but affect favorably these secur- WASHINGTON, Aug LIVirtually all 'ties as a whole, and thereby bring sub- the increased coal and coke rates asked stantlal benefit to stockholders resident in other States.

for by Southeastern railroads were apNaturally, the American Woolen Corn- proved today by the Interstate Company, a Massachusetts concern In Its merce Commission. There were few dominant location and ownership, should be in fact a Massachusetts corporation, comparatively unimportant exceptions. as it undoubtedly would be if organized New rates were established to New at the present time. when the Day Orleans, which may have the effect of State. without abating what Is really turning business' back to the Minsinsippi sound in its traditional conservatism.

River lines. The rates affect Southern has found it advantageous to be more territory from mines in Kentucky. Illid hospitable to important domestic bud- nios and Alabama. ness enterprises. Under the new cir- Proposed increases ranging from two cumstances a Massachusetts charter to five cents a pound in freight rates on both carries benefits and confers pres- fresh meats, packing-house products tige, and is in the interest not merely and provisions from Chicago to Buffalo.

of Massachusetts stockholders, but of Pittsburg and territory beyond the Ohio all the stockholders this country and River. were held up today by the Inter. abroad. GRANT RATE INCREASES. Virtually All Changes on Coal and Coke Asked by Southeastern Roads Are Approved.

WASHrNGTON, Aug LIVirtually all the Increased coal and coke rates asked for by Southeastern railroads were approved today by the Interstate Commerce Commission. There were few comparatively unimportant exceptions. New rates were established to New Orleans, which may have the effect of busineas back to the MinsiestppiRiver lines. The affect Southern territory from mines in Kentucky. nios and Alabama.

Proposed increases ranging' from two to five cents a pound in freight rates on fresh meats, packing-house products and provisions from Chicago to Buffalo. Pittsburg and territory beyond the Ohio River. were held up today by the is still unsettled and weak, large producers asking from 171A18c a pound, although the tatter figure is iargely nominal. Second hands are quoting prime Lake metal at 17W 17e for prompt, August and September delivery; for electrolytic and for casting. 1 Spelter is weak and lower.

Spot metal is 131241314o, August 13.20413.15, September 12.701113.20. October at 12.20g12.70, and November and December at 11.70g12.20. The Joplin zinc ore market is unchanged at $75g100. Lead is dull and unchanged. The trust price is tiiic a pound.

Outsiders are quoting spot, August andSeptember metal at New York at 4.45(44.50. The Joplin ore market is unchanged at $50. At New York Straits tin 1s31c. Other, metals quoted at the are as follows: Chinese and Japanese antimony 334Vd31c; aluminum, 98 to 99 percent, 32( t) 34e; nickel. 50q52c; bismuth, cadmium, 81.25(t11.70; quicksilver, $9291; platinum.

soft $10. hard $12. No. 1 Northern iron for all deliveries up to Jan 1, 1916. at Boston common points is $16.58.

and for No. 2 Northern ironsame deliveries as No. 1the rate Is $16.58. No. 1 Southern iron at Birmingham is and No.

2 Southern is S10.25,a10.50. For the first half of 1916 the current quotations on both No. 1 and No. 2 Northern iron is Virginia iron has been advanced 50 cents, per ton to $1X50 delivery over the balance of the year at f. o.

b. furnace. LONDON. Aug 13On the London Metal Exchange today G. M.

B. spot copper was off 5s at E76, futures off 5s at E68 5s. and electrolytic unchanged at ES1 109. Spot tin off 15s at E119 108, futures off 15s at E151 15s. Straits off lOs at 150.

Lead up 8s 9d at E20 15s. Spelter off E2 at E63. Sales. tin futures 80 tons NEW YORK MONEY RATES. NEW YORK, Aug 13Call money easy at percent.

ruling rate and last loan 1, closing bid 112, offered at 1. Time loans easy, 60 days at percent. 90 days at 2W2 and six months at 314 Prime mercantile paper 303 percent. Bar silver 47713c. Mexican dollars 37c.

Sterling exchange very weak. koreign exchange rates follow: let in' 1. nt T. Ig 65 66 2300 lot Mer litt Pt 7 7 10400 Va-Caro Chem 86 85 8654 35 1 100 lot pr New. 42 42 4500 Va Iron Coal 64 59 591 593i I 85 IntMM 2d pr new 58 58 400 West Maryi'd.

263 4 253 2634 26 2145 Int Motors 27 274 1055 Int Motors pr. 48 49 31000 West 71 704 71 7134 40 Int Nickel 181 181 1700 West1nghouse.113 11254 1133113 3600 Int Petrol 8 9 500 2d pr. 54 541 800 Int Steam 10 10 500 Int Steam pr 18 16 7100 Wy-OverlancL196 181 190 177 250 Kelly-Sp Tires 180 185 100 W-Overlandpr 106 45 Kelly-Sp 1st pr 87 87 500 Wis 86 38 35 85 8000 Lake Torpedo 114 ps 2145 Int Motors 27 274 1035 Int Motors pr. 48 'Ws 40 Int Nickel 181 181 3600 Int Petrol 8 9 300 Int Steam 10 10 500 Int Steam pr 13 16 250 Kelly-Sp Tires 180 185 45 Kelly-Sp 1st pr 87 87 3000 Lake Torpedo 1412 1714 4 113 118 124 127 174 2 0 0 13 13 70 71 435 442 440 440 14 14 32 32 1 1 6 6114 42 42 58 58 2514 2514 48 48 176 176 8 9 914 9 18 16 180 183 87 87 1 14 1614 20 20 52 52 16 1 614 6 614 1214 1214 2 4314 43 5 5 10 10 100 100 2 2 12 12 11 11 41 41 21 21 8 8 Interstate Commerce Commission for gation until Dec LI. Proposed increeeed rates and T1 ew regulations affecting Iron and steel traffic from the Pacillc Coast to the East have been suspended for investigation also.

mat CU Proposed increased rates and new reg ulations affecting Iron and steel traffic from the Pacillo Coast to the East have been suspended for investigation also. 60-cla ys 4.9 percent from last week. but an Increase of 47.8 over last year, when clearings shrunk heavily owing to the fact that the Stock Exchanges throughout the country were closed. The increase at New York over last year is 9,19 percent. Sight Cable transfers Bankers' oterling 4.7114 Francs 5.eS Iteictituarks Lire.

6.38 Rubles .34 4.67 6.67 6.37 Trading on the Local Board. The feature of the local trading was the pronounced weakness of the zinc rocks. Butte Superior dropped early ln the day to 62. a loss of more than Tt re-overed part of this closing at C14. but still was off Ex dividend.

tEx rights. Sales for the day aggregated 815,700 shares. 200 Mo Pac i 40 70 Nat Steel 82 52 300 Transit 1614 1614 500 Riker-Heg Corp 6 900 Stand Motors 12. 12 800 Sterling Gum 2 2 275 Submarine 44 44 200 Triangle Film 5,11. 4400 Cigar 10 10 25 Cigar old 100 100 1400 Unit Prof Sharing2 11-16 2 100 Ventura Oil 12 1214 500 Wabash Rd 11 11 100 Wabash RI A pr 4114 411,6 150 Wabash Rd pr 211-f5 2114 200 World Films 3 3 BONDS $35000 Kennecott 60-125 15 5000 Con Aria 88 15 15 81000QMM.

74 75 LONDON MARKETS RUMELY Co OUTLOOK. DIVIDENDS DECLARED. Be sure ta hare your kcal Estate. Business Chances and Aidartobile tarts appear in tomor, raw's and Monday's Globe. Atlantic Company.

dividend of 55. payable Sept 15 to stock of record Aug 20. Manhattan Shirt Company. regular quarterly of percent on common. payable Sept I holders of record Aug Wilmington Gas Company.

regular semiannual of 3 percent on preferred. payable Sept 1 to stock of record Aug 20. TOWN DESTROYED. Copperfield, Or, Which Miss Fern Hobbs Made Famous, Almost Wiped Out by Fire. BATHTUB SLAYER HANGED.

BAKER, Or, Aug 33Copperfield, Or, George J. Smith Pays Penalty Exact. which came into prominence more than 1 124 125 15 15 72 72 NEW YORK, Aug 13John W. Plat-ten, chairman of the M. Rumely Company note holders committee, stated today that were no immediate prospects for a sale of property of the company tor for munitions contracts, and even if plants not required by the company were sold or leased it would In no way effect the contemplated plan of reorganization by reducing the amount of cash requirements and consequently the assessment on the stock.

He further stated that while the committee were in agreement on reorganization he was not yet in a position to make any definite statement in respect thereto. at reorganization by reaucing tne amount of cash requirements and con- He sequently the assessment on the stock. further stated that while the com- zation he was not yet in a position to mittee were in agreement on reorgani- make any definite statement in respect thereto. An TIM TARGEsT INDIV1DrAL In4Lp.1.1.4A NIENs BANKER IN B0-TON. HEN Int NUElt 310N EV WA( kLY CON sr ME Ellis'''.

441 coLtir diutt my2S NOTES FROM THE MINES. Shaft No. 2 at the Centennial mine caught fire yesterday and burned down 150 feet. There will be no interference with the production. it is stated, as the rock will be sent up short No.

1. LONDON, Aug 13Business on the Stock Exchange was restricted somewhat in view of the holiday tomorrow, but the tone was satisfactory. American securities were steady, but prices were lowered at the opening in response to the decline In New 'York yesterday. London 1C toe-Close eqUIT Cline Consols for money 85 Atch. Top Santa Fe 107 102 Baltimore Ohio S8 SI Canadian radii, 180 1523a 1 chetkapeake Ohio 47 44 Chicago Great Western 1214 12 Chicago, Mil St Paul St143 83 Denver Rio Grande WA 8 ti Erie 8011 Erie lit pe 461.

441k Grand Trunk 9 Illinois Central 164 i)914 Louisville Nashville 11S 112 Missouri. Kansas Texas 9 gri 11, 4 New York Central 03 90 Norfolk Sc Western 11S 107 1 ontario Western 29'4 274 44 5741 10S Reading 7S14 150 a4 Southern Rallway 16 18 Southern Pacific 94 $4 Union Pirate 137 1301 1 77 73 United Statea Steel SOLitilt, ka Southern Pk 94 99 VII Union Pacific 1371i 130:,11 Steel I United State 7Thi 73-2 71 RAILROAD EARNINGS. Cincinnati Dan1Uton Dayton: 1915 It Ione groo.s.... $92() 354 Fe4 643 Net at 02.5o8 Tactile: a year ago, when Miss Fern Hobbs closed the saloons there under orders from Gov Oswald West, was virtually wiped out last night by hre believed to have been of incendiary origin, according to reports received here today. InerPoRe 65.711 822.770 DIVIDENDS.

UNION PACIFIC RAILROAD CO. I ACCUSE CLERK OF FRAUD. Bureau of Navigation Employe Said 1 to Have Attempted to Collect for Promotions. WASHINGTON, Aug 13--George E. Business Troubles.

Margaret F. Hogan. milliner. Law- Will. a clerk In the bureau of naviga- tion of the Navy Department, was arrence has filed a petition in bankruptcy.

rested today on a warrant charging con-Liabilities. $2700; assets. $479. spiracy in that he was concerned in a Jean L. Hurley.

lodging house keeper, scheme to obtain sums of money from 17 Radcliffe road, is a petitIoner in enlisted men of the Navy for transfers. bankruptcy. She owes $1359 and has tic A negro messenger was arrested early in Lssets. the week. John A.

Kyte. druggist. Government investigators claim to hes filed a petition in bankrUptcY. Lia- have found evidence of a conspiracy to Utiles, $4173; asseis, $2050. collect payments ranging from 120 to toll Charles R.

Ouaerson and Wilson C. from enlisted men for transfers and proBroga, doing business as General Sales tO Which. they were risttfullY hes filed a petition in bankruptcy have found evidence of a conspiracy to Utiles. $4173; asseib, $2050. collect payments ranging from 125 to to0 Charles R.

Ouaerson and Wilson C. from enlisted men for transfers and proBrega, doing business as General Sales motions to Which they were rightfullY An Metal of the First National Copper writes a stockholder that the company has practically completed arrangements for the permanent resumption of operations at its plants by shipments to custom smelters. ed by British Law for Murder of Three Wives. LONDON, Aug 13George Joseph Smith, the wife murderer, was hanged today at Maidstone. Smith was found guilty by a jury en July 1.

He wee accused of murdering three wives in order to collect insurance money on their lives. In each case th6 victim was found drowned in a bath tub soon after the wedding ceremony. The prosecution claimed that Smith bad been married five times. It wan contended that his greed for weelth was the dominant motive in taking the lives of the three women. It was shown that he had obtained 114.000 insurance money from two of the deaths and was ill a fair wiLy to obtala POO axiots 1 yone gross 2.342.n37 2.170 741 171.2N1 The regular Semi A i Dividend et 1 Net at 031.1s2 443,204 81.918 aa Per akar on the Preferred Stock and i Teals recite: lite regular Quarterly Dividend of Imola 1.324,914 0.1ns Per share on the Common Stock of this Net at tla-- 13S 67.441 fme7n7y have th's day been declared.

payable! Trtink: It Me ettue. Broadway, New I a Pk Aug 9113.773 1.1"6.F23 I13.050 N. iso Friday. Oetoher 1915e julY 1. 5.41'713 33121 to a.

n. -v sthdere of reensi at 3 P. M. on I. lecrease.

oho have not alr dome ome so aro rei to ir.e mailing Me andereizneel. trona whom IbLauki 81 A QUARTERLY REPORT ay he had arplisttos. FREZERIC Y. S. CROSBY.

Treasurer. The Boston Albany report to the lee Teri. N. L. Aurist 12.

1913. Public Service COZ1111.1841011 tot' gpi 9113.773 1.106.F23 113.050 ARRESTED IN KEENE. Lloyd Burke to Be Recommitted to Shirley School. 13Lloyd Burke. 17, of Brattleboro, who was found guilty of a statutory offense here two weeks ago and committed to the boys' sthool at Shirley, escaped from that institution soon after being taken there, And was arrested at Keene, today.

The general manager of the Alaska Gold Mines Company wires that the mill treated, during the month of July. 200 tons of ore. as against 90,792 tons in money sa4 percent. ats of discount for June; 73,500 in May. 57,000 in April and 40 000 1 abort Mils percent; for three months' hills percent.

arch. his makes the total milled up to the first Of August Bar allveg easier at 281 per Gomm $13284424 tonna PIODanY0 wholesale AAA retail dealers entitled, 1 1 1.