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The Brooklyn Daily Eagle from Brooklyn, New York • Page 14

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Brooklyn, New York
Issue Date:
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14
Extracted Article Text (OCR)

11 A THE BROOKLYN DAILY EAGLE. NEW YORK. THURSDAY. JANUARY 1013. 41 FINANCIAL, TBUST COMPANIES.

TRUST COXPAKIES. TRUST COMPAXIES. WHOLESALE WALLABOUT. TBUST COatfAKIIS. .1.

THE GRAIN MARKETS i CHARTEBED 1E6 Brooklyn Trust Company ULEJiBER NLW TORK CXXARIXO HOU8B ASSOCIATIOX. Mala Odire: ITT-17'J Moutajru Street Uianoh: lied ford Are. and Kulton St UanbaUan Office: Cor. AVall St. and Broadwar.

Capital, $1,500,000 Undivided ProfiU over $3,700,000 THIS COMPANY will act as custodian of the endowments of charitable organizations, collecting the income and rendering statements to the Treasurer or Board ot Trustees, as required. Our charge (or this service Is a moderate commission on income. FranIliiiTrul Company OROUCH OF SaOOKLTX. CITT Of WV VOaK alesber New Vara Ch.f H-ar Auk -t Mil Of.it, 166 MoKTActi Srarrr Fm-'om Cftf, 569 Fvltom Sraarr Holism Jri Ojficf, 90! Bioaiwat Tbia Can-pany manatei ntatn at Iiectator or Adminbmror, an4 acta a Truttet, Guar-sua, Commirree an4 A rent. AIms acn at run re of corporate mor-gifrt, rrotm konaa an4 itocka, aan coaaona an4 tramacta any other appro-red barne-t of a hdoriar character.

De-odtrecri-d-uhm toe fundi carrrntattbe New York ClrarnrHouM. Intrrnt allowed an balancet of 1 ,000 or more from da-rof depoiit to date of ithdrawal. CertuV carea of depotit inued parable on demand or at a baed date. Accounti and mm butinra inrittd. BROOKLYN CITY SAFE LOCAL FINANCIAL BREWERY CONSOLIDATION.

Terms of Merger Agreed Upon by Stockholders Set Forth. The conversion of the old stock ot the Wheat Closed Easy at the Low Point -Ccrn Finished Heavy. V.l.-jt alovly declined, nutting with bjt litlie support. Sri aa not ln.P'iruiit Put tn.r- little to speculative tfinoJ. The settle- nl ot dispute, altuough gun r' i -d.

avemed to nd. l.t.uo. not.Jlh.lanJIng tne raKy r. u.t that Kurniwan markets lrtu ally tftl by the o( the K.oit dema.id aa not linpoiunt, wlill iIkiii" Stic f-ia hi trad" ia slow. Most idvl.rs Indicate thut four Inquiry continues routine.

Fair receipts of wheat ic ii-rt-d from day to day. but pifSKiire ia not persistent. Ben. trial rains ei In parta of the I i Wheat closed easy at toe low point oi th day. I Corn was irregular miring mc uj.

srmiunlly softened under steady selling. Vh, reports of rains In tne art rash demand I- a fcuntry honacs aol.l freely nt times. The nivmient moderate. en.i.. tloni at prejt nt ore somewh it less favorable for coiintrv shippers.

Com ilosed heavy, showint; substantial jet losses. Oats vere sliKlUlv easier. In sympathy with other Kr-in. The bulges meet with freer scll'iiR hy farmers. The marltet 1 1ewed as a narrow, two-aided affair, with speculation very limited.

Onts closed barely steady. Provisions were somewhat easier on 1ne free hoe; movement, but there was pome support accorded at the decline. There Is a tendency to await the Government report on farm anlmala on January Provisions closed quiet. FfTI'ISP; MARKETS AT NEW TORK. lR-pnrted hy II.

II. Sevier ft 6S rVway.) Te.ler- Open-TTHWT- in. f'l-i, Lowest 9lit Cln-- day Clo-'s mn.t 978 1 TTt nE MARKKTS AT CHH'AOO. Consumers Park Brewing Company andcome ai possible, consistent with safety, tne iora ana urooKiyn Drewinaj (or estates In our charge. Company, which recently merged Into aj "The net banking proflta for the year, new corporation, known as the Interboro including trust earnings, have been Brewing Company, has practically all or more than 25 per cent, of the been completed.

The offlcers, report a Det earnings of the company for the year, few outstanding shares of old stock that "The financial returns from our mort-have not yet been converted, but these gage department for the year are satls-form only a small percentage of the en- factory when we consider that In Greater tire Issue. New York there has been a falling off ot The Interboro Company has been cap- about $27,000,000 In the amount of mnrt-ltalized for $1,000,000. which Is $2.500,000 1 gages recorded In the Register's office, less than the combined capitalisation of Our own sales of mortgages fell off the two old companies, the Consumers having had a capital of $1,000,000 and the New York and Brooklyn a capital ot i $2,500,000. Of the Consumers total cap-1 Ital Issue only $100,000 preferred and $300,000 common were outstanding. Thejmained the same, so htat there has been entire capital of the New York and no Inducement to property holders to Brooklyn Company was outstanding, how- I change their mortgages to make a sav-ever.

lng In Interest. According to the terms of the merger, "The distribution to employees under the capital of the new company Is dl- 'Jttr profit sharing plan for the year 1912 Tided Into $200,000 preferred and $800,000 1 amounted to $44,476. The plan seems to common of the par value of $10 per be working well and the employes have share. Of the common, $200,000 Is to be evinced an Interest In our earnings that I reserved In the company's treasury. For was never shown before the plan was put I KINGS COUNTY TRUST COMPANY 342, 344 ft 346 FULTON ST.

Capital. $500,000 SURPLUS AND nftn UNDIVIDED PROFITS JULIAN D. FAIRCH1LD. President JULIAN P. FA1RCHILD, WILLIAM HARKVK.S8.

r. W. MeWII LIAMS, WILLIAM J. WASOX, Jit THOMAS HOWARD D. JOOST, J.

NORMAN CAR I UN TEH. Tloa rT-M'ta, Sacratary Aaat. (tor Truat Ofhoer Interest Allowed on Accounts Subject to Check. Special Rates on Certificates ot Deposit THE Peoples Trust Company CAPITAL AND SURPLUS S2.700.000 MEMBER OF THE NEW YORK CLEARING HOUSE EXECUTOR TRUSTEE Nassau Trust Co. Broadway and Bedford Av.

3S6-358 Fultoo St ADMINISTRATOR CUARDIAN (lovernntont'a crop estlmste, and compared wtth last year's ginning figure to January lii, last year a totnl ginning and Inst year's Gov-rrnment estimate tin thousnnda of bales, last "00 omitted): lr.tMsn. isn-1912. Crop Oinned Crop Ginned Total Est. Jan. 1.

Est. Jan. 16. dinned. 1.350 1.3i!8 1.U0 1.6-19 1.6 State.

Alabama Arkansas Flor'dt Georgia (u'alnna Mississippi North Carolina Oklahoma -'outh Cfirolh-a Tennejaeo 84 "II 1,73 370 875 6S 1. 2.13 2, r0 84 1,015 73 1,193 9 4.2S0 117 61! 1,701 43r. 1,109 S7s 1.039 1.1SI 1..62 997 916 l.sr.s 36 114 91 2.791 3S1 1,169 1.126 l.m- 1,692 430 4,107 139 L'10 Texas 4.BV) t'Hhcrs 92 United States ..13.821 H.191 14.RW 14.516 H1.K13 Trade reports nre thnt print clotits are firmer with somewhat more buying power in evi-denco. Yarns are steady with many spinners well sold up although in some Instances cjii-cessiens havi. been made to sccuro new business.

Philadelphia yarns are a little lower and rather quiet. Cotton into alight figures this week point to a fulling off of about lO.OOti bales from last wevok's when the Cotton Exchange reported the Chronicle and Secretary Hester A year ago the Cotton reported bales for ths week, and lor the same week in lull, 251,000 bales. The receipts of cotton at the principal Atlantic and Oulf ports', as reported early today, were as follows: Today. Last wk. Last Tr.

Br den. and rea'ored In produca uJ (rait I.e. for it 8rt (our hour! toUjr. only to re'ura again lo small, tales, ami g-netal la or to-1 Altbouch only a handful of (arm era gn.hercd in the their torn- ned attx-k easily provided the snts of buyera. Many farmers, eager to of.

sold out at lea than co.t. Tbia. (ir a tinie, irnifd a false Impression of; aniri.y. Waters In all lines look tori large Improvement tomorrow. VEOETAHI.R!!.

I "estis, r.w. K-vj'h-rn. per kuut. IS tu.t -na 11. nd.

per doeen Hniti quart. abhage l.oeg P-r barrel. Long iiiati.f. per bunco r.fnrn)t i4 l-l 1 oer o.netl SO I lrrldv per doren LVH'imi rtort.la. tier bj-ket 042'Oi white, per ba.ket 8i He.1.

per tu-let 1 "3 Tellow. ier ba-ttet 1 Pe.t, per ba-ket 0.5o."i 0 Poialoea, miuthern. netr. nee barrel. 1.7 Lrg llant.

per S.75 Rl .100151 JO 113 lii Maine, per Wl.hf-, hothouse, per do.n... r'uuthem. per Snul Norflk- doIrn. N'tnoch. Southern, per utu per eet potato, per baket 'omatora.

uon. per box Uotiiouw. Der nound Turnlpa. yellow, per FRUITS. per bnx Oreer.lnitii.

per barrel S.flneiS-.Yt prr bunoh l.lXKii.VI per boa Orape (ru.t, Cuban, per Ix.x a HoHda. per hot 3 0OW.V00 Ornne, Knnnlch Almalra. OO Lemom, Calirornla. per box Palermo, per crate 1 Klotlda, per box d.OO-16.00 Xavel. per box 0." Plnapplm Porto Rico, per box 3.00 3.7S Tangerines, half strap Beef- JIFATS.

Calves, per 1" T.ucks. per pound 10 Cowa. per pound tO' Minds and ribs, per pound 13 l.olna and rlb per pound Id Rounda. per pound 11 -lJ f.rrn. native, per pound l'JHialU tern.

per pound Veal, buttermilk, per pound 10tllla Sheen and Iambi Lambs, ptr pound HHtl'H r-heep. per pound 10 tell Pork, fre.h cuts P'Mlra. per pound 1 m4H Rults. Boston, per poc.nd 1 1H Putts, boneless, per pound 15H'ln Callas, per pound 1.ml Hnms, per pound Id wldn Lotna, city, per pound 1CH'17 Loins, Western, per pound 1 1 l.ard. compound, per pound RHC Lard, pure, per pound Pias, city dressed, per 11? Pork, smoked nac dear, per pound 17 17- Bacon, rib, pr pound 14 i alla.f, pr pour.d t11 Hams, boiled, per pound 24 iVi Hams, eklnncdpor pound Hams, regular.

pr pound Fpor ribs, half sheets, tierce. Poultry, dressed Chick on, fresh Pucks Fowl, freeh Geese Jack rabbits, per pair Roosters Turkey, per pound Turkey, Maryland, per pound Poultry, live-Broilers, Spring per Ducks, Western, per Fowls, light, per pound Fowls, heavy, per pound (Vene, per pound Pigeons, per pair Roosters, per pound l.VtU 618 622 1.2." 14 'J8 ..13 ..::4 .10 17 20 17 IK 20 30 14 Turkey, per pound DAIRY PRODUCTS. Butter. frvh creamery, per B.Vtid.'.B Factory, per pound "Hn24 Prints, per pound i0-ttsvf7 Kciaovuibd, per pound 2tt best, candled, per dozen Western, candled, per 31 por dozen 23 fi2 Cold storage, per dozen 23 V.Mle Leghorns, per dozen 1G SEA FOOD. Rlueflh, ier pounu 15 Butterflsh, per pour.d 12 Neck, per luO i0 Clams, hard, per basket 1.25 Cloms, soft, per 100 Jj OodflBh, per pound 11 per pound .14 Flounders, per pound I 1 (addle, per pound Huddle, fini jkfd, per pound 1M i-lake, per pound tM Halibut, per pound Ut iicrring, per pound Ojj.

Wintrflsli, per pound Jbster. per pound Mackerel, Spanish, per pound uy sters, pr bushel 1 oilcck, per pound J.tiinon, ier pound Hcallops, pf gaihm Su itass, per pound nra (rout, per pound Smelts, pjr pound Uuakhfh, pound iVhitensh, per pound 1-iiO .11 l.oo .1 UP-STATE TRACTION MERGER. So-Called Beebe Syndicate Organizes Empire United Railways, Inc. (Special Dispatch to tho New York News Hureau.) Albany, January 23 The Public Service Commission, Second District, has received an application from the Rochester, Syracuse and EasUrn Railroad Company, the Syracuse, Lake Shore and Northern Railroad Company, and the Auburn and Northern Eiectric Railroad Company lor approval of a joint agreement of consolidation. The railroads In question are controlled and operated by the so-called Beebc syndicate.

The name of the new corporation is to be the Empire United Railways, Inc. Tho total number of miles of track of the proposed consolidated roads Is 231.3a The capital stock of the new corporation Is to be $2,000,000 first, preferred, $2,300,000 preferred, and 1,7,300.000 common stock. The first preferred stock is to be entitled to noD-cumulative dividends not exceeding 6 per payable out of the net earnings before any dividends are paid on the preferred or common stock. The preferred stock Is to be entitled to non-cumulative dividends at not exceeding 6 per payable out of the net earnings after the payment of the dividends on the first preferred be- by H. H.

Sevier 65 B'way.) "Ye.ter- Oeen- Ilieh- I.nw- fTos- rtny'n WHKAT- I11K. e-l. est. Ins. Clna M1 92', f2' 93 JtiU n8 9(V8 894 9'88 88T8 88TB 831., 8838 89 ct.

52 Si's S3 54 Si's 53 54 'd OATS 34' 34' 33' SU'i 34'4 34 338 SS-1. 34g 34 34 33. 34's LARD 10 12 10.12 10.07 10 07 10.10 May. .10.15 10 15 1012 10.15 10.17 RIBS- 10.10 10.10 10 02 10.02 10.02 May. .10 12 10.12 10 10 1010 lU 15 POKK- 18.52 18 52 18 18.52 18.57 May.

.18.85 18.85 18 80 18.85 18.90 CASH MARKETS AT NEW TORK. Yester- l'1 To-day. day. Thursday WHEAT ytilel Quiet Firm No.IRed.fob.afVt.llO 109li, l()9l9 U'J 1 m't 1024 COKN yulct Quiet Firm export, f.o.b. 574 OAT8 Quiet Steady No.

2 White 3V-a St'-j 39 RYE uull Quiet Steady (i7Mj (J7'2 GVk Fl.oLK Dull Qul-t Steady Minn. Patent 4.fc5 4 90 4 fcO Winter 4 (io 4.70 4.112 LAKU Uull Quiet Flrra Prime 10 1U.03 luiti Steady Quiet Firm OldMe's llt.75 19.0J OCtlA.N KElUitT Uull Quiet Firm Liverpool a'a1' d'J DON'T SPECULATE Invest your taxings in guaranteed first moniajtj on real estate, to net 57" Eliminating all possibility of loss. HOME TITLE Jay ft Willoughby SU klvn. MONEY to lend on desirable Irtia proved property in Queens and Nassau Counties QUEENS COUNTY COMPANY LKWll H. LOSRE.

rmMlit, 867 FULTON ST, JAMAICA 6K0aTGAGEB0iiDS twir by martniMi on Brouklyn tacem pronaM-tT In amount of Slut. 1x6. I1.0M Writ ttT bookUt, FULTOM UNO A MORTGAGE CO. OF I. T.

1 HO Montague St. MEH. HOIJ.mNSUk.CH. LOUIS ORETSCn. IhM VIM Prso.

ax Algr. CLIENT'S to lon, house, mortgage. Il.iOO to tV At'KKRM AV. 1ST Greenwich at. X.

T. Tel. 4J1 t'urtlandt. li-J SAVINGS AND LOAN COMPAJIIiS. nGLESAVlNGSi COMPAPiy looKcrnservst.

borouohmall SAVINGS INCOME SHARES SHARES Capital and Surplus Over $3,000,000.00 1 TITLE INSURANCE. LAWYERS TITLE INSURANCE TRUST COMPANY TRANSFER AGENTS REGISTRARS 100 Broadway, Maakattan. 1M Jloataaae Street, Drooklrau ELECTION XvOllCES. "KKICE BRIDlil OPEHATIXG COMPANY. N.

Jenuary 17, 19i3. The annual meeting of stockholders of tha Bridge Ouerattmt Company for the election of six (6. directors for the ensuing year and three U) Inspectors of election to serve at the nex. succeeding annus! meeting, and for the purpose of transacting such other business as may be duly brought before the meeting, will be held at 12 o'clock noon on Thursday, Januarv 30, 1913. at the offlce of the company.

S3 Clinton street. Borough of Brooklyn. Now York City. C. D.

MENEELY, Secretary, Ja17 2S-29-3t THE ANNUAL MEETING OF TUB shareholders of the FLATHI SH SAVINGS AND LOAN ASSOCIATION will be h-'ld at the offlce of the Flatbush VI ater Works Company, corner of Lenox road and Flatbush av. In the rough of Brooklyn. New York City, on FRIDAY, JANUARY at 1913. nt 8 o'clock at which time tr.f election of officers and directors for the en suing year will be held. The polls win open from 8 to 8:30 p.m.

JOHN McELVERY, President. Joseph F. Curren, Secretary. hTkRANTZMANUFACTURINO COMPANY. 160-166 Seventh Stroet.

Urooklyn. N. The annual meeting of the stockholders of the H. KBANTZ MANUFACTURING COMPANY will be held nt the offlce of the company, 160 Seventh St. Tlrooklyn, N.

on Wednesday, February 5. 1913. at 11 a.m., for tho election of directors for the ensuing year and the transaction of such further business as may properly come before ths meeting. 2,1 27-21. WILLIS MOTT MOORE, Secretary.

TIIBNHW YORK GLASS HVS1RA1VCF, COMPANY. Maiden lane and William st, New York Citv. The annual election for directors of this company nnd inspectors of election wlii ha held i.t the office of the company, Maiden Una and William st, on TUESDAY, February 4, 1913, m. and 1 p.m. J.

CARROLL FRENCH, Secretary, ja20 xfl COFFEE MARKET. The coffee market was barely steady at the opening with Initial sales at 6 to points decline and the tone barely Bteady. Later this decline was Increased, and by midday the market was on an average 6 to 8 points net lower with saies about 40,000 bags. Coffee ruled at a small net decline In the late trade. The foreign market wes rather disappointing.

Hamburg and Havre showed on tho mid-afternoon cable a net decline ot to francs. Santos was unchanged tn 50 rels lower, while the Brazilian market was nominally unchanged. The selling by a promnent spot houss was looked upon 03 Indicating more of ferinzs from Brazil, and the decline pro clpltated considerable, selling by the lo cal trade and by commission house3, partly on stop orders. There was no evident support. It Intimated that the big bull Interests did not have to support tho market now.

the valorization coffee had been distributed and the market might be permitted to take care of It was claimed that the bull Interests have a heavy line of long cofTee, and are In a position to squeeze the shorts any time the conditions are favorable. Tho long dragging action of the market has discouraged traders, and with so much bull gossip and so little bull market, operators who have bad commitments on tho bull side have recently been showing a disposition to get out and await developments In the spot an speculative situation. The movement, of eeffee continues goal snd with another week In January to hear from the port receipts have been 0.431.000 bags, or only 737,000 bags less than last year. Coffee receipts reported: Todnv. 7.0W 11 000 12.000 9.0(10 Year ago.

6.001 15.01.) 10.000 At Rio Santos Sao Unulo Jun1lihy (VfTeo stock: Ttlo 237.000 311. IV0 Santos 2.103.000 Brazilian weather, flno two coffee districts, rain three. NEW YORK rorrsE matiket. by Hubbard liros. A 66 Beant street, Manhattan.) a DEPOSIT COMPANY losses will grow larger, but this year the total net loaset are $18,679, as compared with In 1911.

"Our trust department shows earning for the year of S3. 251. The endeavor has been made to run this department In a way that will produce as large an In $655,000 from last year. On the other hand. It has been difficult to secure good loans, as the legitimate demand on the part of borrowers for aafe loans has been small.

The rate of Interest has re- Into operation. TO CUT QUEENS GAS PRICES. Bills Directed Against Illuminating Companies in Second, Third and Fifth Wards. A bill has Just been introduced in the Stdte Legislature which, if passed, will lower the price of illuminating gas In the Second and Third wards of Queens-borough, comprising College Point, Flushing, Whltestone and Bay Side. The rate now charged Is $1 per thousand feet, and It is proposed to reduce the rate to 80 cents per thousand feet, the same rate that obtains throughout the greater part of the greater city.

The company furnishing gaB to this section Queens is tbe New York and Queens Uas Company. The same bill also fixes the price of gas In the Fifth Ward of Queens as follows: For the remainder of 1913, for 1914, for 1915, for 1916, for 1917, $1.05, and thereafter $1. The Fifth Ward includes the Rockaways. The company supplying gas in that section Is the Queensborough Gas and Electric Light Company. BROOKLYN QUOTATIONS.

RAILROADS BU. Ml.Av.Sj. RknCftX.lst. in Bkn. 101 BANKS- Aa-i 101 1(15 Bid.

A Hometiteaa 115 Manufac.Xa:405 S3 20 240 Bkn.Clty Ut. 101103 IK) UU Montauk. 150 Nat'I City. 261 2-5 U.U.ftW.K.g. DO Coney I.

aV II. lis) H) Nansauc. 78 Xaaaau lat oil0 N.Y.t:ona.Ry 7ii 10O 103 87 79 103X North Side. ..175 Peoples 145 501 155 270 15 20 06 State 2t'J Kh.HR 10 N.V. 4S.lt.......

T4E.R.6S. 35 Wtht23dSt. it 80 Union 15 to. Ferry 00 103 lLMJMIN AT1NO CO illm.Uor.Gsa. 110 110 lat f)7 100 g.

03 08 Edison 4s till KlncaCoElec.l2H'4K rights 3 Kings Co. Ss.lO.'l King Co. Ua.llb 1171, KingiCo.c.Ca-l:il14 x.Y.&gu'na.. 54 NVi-tju'ns p. 72X 78.lt TRUST CO'S 180 Brooklyn oUf 550 Cllllena 150 loo Franklin -70 Horn 123 Kings Co 6) LawyeraT.I.

U10 210 L.lsl.L.aVT.. 330 305 Nassau 1V 170 Peoples 205 M. Queens 100 11-1 Titled. AT. 4.W 7 vOU BANK3- 18 13 MISCtiLlANKwLS BondaVH.Gu.

205 305 Bkn. o5 BuahT. c. KJ liUBhT.latts. 03 EushT.Bdgta Otl KaglcWaich 100 00 05 or 110 E.

W. i'74 814 E.w.anaapf las FldolPhenlx.U.i 35 First Mib.Ou124 Wank Safe 1.J5 Horn. T. Ins.OJ KlngsCoMtg 00 UJ Kings Co. 10(1 lu Lawyers Mtg 213 U.

I. Sate Det.110 Xaaaau F.lnal30 Nat. Licorice 40 60 Xat.Ucor.pt. 7o 8ifa N. V.

210 V. 105 115 Queens Co. 100 llu Realty Assoc lU8 113 beeurlty bate luu 115 U.S. Title Uu. 80 68 mabiir 240 6() Coney Ia 155 cam 3X5 i8) 8j0 aoo Hllnlae J2j lote Fur listed Brooklvn Hfurllia.

of Stock Exchange transactions. New stock. COTTON MARKET. Cotton prices were at fair gains during the early trading, but weakness developed, and summer deliveries again Bold well under the 12c. level.

Buying by spot Interests during tbe morning waB followed by belated southern liquidation and renewed bear pressure. Although Liverpool was higher than due at the opening, later quotations from abroad suggested less strength, and sentiment In general was rather bearish. The Census Bureau report on ginning did not furnish the trade with any surprise. Cotton was unsettled In the last hour, with best support from shorts. The Census Bureau reported 13,091,000 bales ginned to -ry 18 which waj Just about as expected.

Last year to that time there were 14,616,000 bales ginned, if the average amount of cotton ginned after January 16 to the end of the yea" is aDout tne same as during tbe last several years, a commercial outturn of approximately 14,200,000 bales is suggeited. Thin would indicate that tbe Government crop estimate, given out In December, for an outturn for a yield exclusive of nnters of 13.820,000 bales was conservative, and close to the actual production. Sentiment was not radically changed because of the settlement of the Banlknn dispute this bad been anticipated for several days. Furthermore, there were private advices to the effect that thoro would be no trade recoveries in the immediate future as the aftermath of the disturbance was yot folt. Recognition wan given ta tbe predlo tlon of another set of bullish week-end figures tomorrow, but speculative demand for cotton contracts was llmltest, while demand for actual cotton at the South was not reported in volume.

Many professional traders ware disposed to utilize the advance for renewing commitments on the short sldfl. arguing that the market had had a substantlal rally and that the short Interest hnd been partly reduced. Spinners were thought to bo ptirchfliilng on th calo down. The Census Bureau's reports of the amount of cotton ginned, counting rnt.nd bales as holf bitles and excluding I ntr-rs, to dates indicated Onned. 1912-13.

190-tl. To ptemher 1.... 720 93'. 771, :97 V1 ml To Sptmher 2.V... J.O'5.934 3 2 313074 To October 11 7.7.-.M!! t.Vl.HX To November 1 8 22 7.J45.0S3 To Novembir 11.313,236 8.78.1 To necimber 19.Sl6.8 -7 lo.ljn.

71J To Drcembo 13 12.a9.r-04 13,770,757 To Jsti irr 1 14.SI7.M; 51S To Jan. (bales). .13,091.244 To January tv of total) 1 97.J 1 tn 16 i bales). 171.007 188.H32 Total 11,568.334 97.ii?8 ir.tnd t-ftl 1- ntllv. lb.

I t'l'S'l mTsnTrujt BltatagK Brooklyn. llNewttrkCity. Capital $500,000 Surplus and Undivided $1,100,000 Acts as Executor, Trustee, Guardian and Committee Safe Depoiit Boxes in New Vault Flatbush Office BROADWAY TBUST CO. over 1 IS.mxt.nAO rirarlntt llona 839 Flatbush Av Cor. Linden Av.

Open A.M. P.M. Satortlara, A.M. to ii M. Monday Kvrnlng.

to P.M. tienernl Danklnat Bn.lneaa. Sat Deposit Vanlta. Estate. Ad- ntlnfa1ece1.

Iatarcat allowed on aeroaata abject to eheek. N.w Utrecht otTlee, 64th 8t- ana N. Utrecht Av. Manhattan Office. T54 Broadway.

SANSS. EST. 1859 TheftassauNaiiona. Bank of Brooklyn 26 Court Street, Cor. Remsen CAPITAL $1,000,000 SURPLUS (earned).

Depository of theUnitedStates Manufacturers' and Mercantile Accounts Solicited. MEMBER OF THE NEW YORK CLEARING HOUSE. THE CORN EXCHANGE BANK NRYV YORK Capital and fiurplus UIIOOKLVN BHAMHIiS Brooklyn Brunch Court and Joralemon Sta, Flatbush Ave. Hrsnch 19 4 21 Flatbush At Oreenpolnt Branch. Greenp't A Manhattan Ave, alyrtl Ave.

Branch Myrtle Ave. and B'waj EUROPEAN STOCK MARKETS. London Closed Quiet Americans Easy Berlin Easy Paris Firm. London, January 23 Money was dearer today, but discount rates were easy on the belief that the peace outlook will relieve the Continental money situation and hasten a reduction in the bank rate. The stock market after early strength hesitated pending further process In the peace negotiations, and closed quiet.

The speculative sections were easy, but war stocks finished from one to two points higher. Home rails, foreign rails and Peruvian stocks were supported. American securities opened quiet and a fraction higher. Later In the forenoon part of the list receded under realizing, and In tho afternoon local and New York selling caused a general decline. The closing was weak.

Paris Prices were firm on tho Bourse today. Three per cent, rentes were 89 franca 22V4 centimes for tho account. Berlin The Boerse opened quiet today. Later prices declined and the mar ket closed easy. LONDON QUOTATIONS.

Clos- N. Y. lng. equlv. Consols, 75 li Consols, ac.

7514 Closing. (l.r NatMex. 2d 25N N. Y. Cent lll'.

NorfWeslll5) 01 North. Penna 02-4 b'4ta Read. 1st 46 -a Read. 2d pi 47 Kocklsland 2:1 St. 117 So.

4 Su.Hallwaj 28Si bo. Rv. pf. Mlr Ucion Un. i'ac.

pi oa V. S. Steel. paia abal 4 Wabash pf 1 dba.il ex U4i N. Y.

equlv. tW' 25W Amal. Cop. 76 4 AmSmelt'g 749 Anaconda. 77s .108 74 7214 108ft 112..

88 10574 129 1044 101t 82H Balt.iOl.lolOS 106 122H Balt.iO.pf Can.I'acluo252Hi 8) Chl.iGt.W lliii 22H 40 Erie U2? Erie 1st pf. 50 ttrle 2d pf. 41 Gt. Nor. pfiyt MlnoisCtnim 16oH 2-IO's 78 16U VZH LO MH 4 40 12S Hi.

1144 WK ioo. in 64H H0s 37. 12,. 62-s 127? LuuA.N'a.ill.141 ii l.b-H M.K.&T.pf U2- Mo. acliic 411 i'i EUROPEAN BANK STATEMENTS English Bank Reserve Ratio Is Now 40.80, Against 49.70 Last Week.

London, January 23 The weekly statement of the Bank of England Bhows tne following changes: Total reserve In-Teased circulation increased bullion increased other securities increased other deposits decreased public deposits increased Government securities unchanged. The proportion of the bank's reserve to liabilities is now 49,80 per against 19.70 per cent, last week and compares with a decline from 49.80 per cent, to 4S.75 per cent. In this week last year. The clearings through the London banks for tho week wero 353.830,000, agnlnst 283,380,000 last week and in thlB week Inst year. Wk ended, Wk.

ended. Wk. ended, Jan. 22. '13.

Jan. 24. '12. Jan. 25, '11, Circulation 27.664.000 427.slO.

Public dep. 13.932.0ol) 19.057.411 11,248.252 Other deposits 39.329.000 4l.n4,05j Govt. 13.S7-.1S4 14,955.483 Other stc. 31.750.OilO 3:. 977.

201 28.238.4S; Totnl reserve. 26,561,000 21,176,577 llu.llon 35,977,242 Prop, of res. to liab 49.80 45 The following; table gives the Bank of England statement In detail for the week, with comparisons: French Bank Statement. I'Yancs. Increase.

18.2:10.0 0 3.523,0.11 61.20'. Ooj 40,325.001 30,050,000 I Odd In hand In hand In clrc llatlon 1'rc tJiiuy deposits iv ml deposits HI Is discounted Advances Decrease. N. Y. C.

EQUIPMENT NOTES. The New York Central lines equipment tritflt of 1913 amounting to $12,540,000, which was offered Jointly by J. P. Morgan fz the First National Bank and the Nntlcnnl City Bank, has been over-sub-1 scribed. The allotment will be made to uhro-ihor an early as possible.

Galveston 7.966 10.040 14.622 New Orleans 4,997 4.389 Mobile 262 Not In. Not In. SJavannah 2,680 2.62J 225 Charleston 81 845 Norfolk 1.318 1,3::2 2.241 "January l.i March delivery. Winnipeg wheat receipts today, S0 wco.U ago, 4SQ cars; year ago, aa cars. rsuithvvest wheat ixcelpia: 'i cuiay Jfuluth, cars ST Allr.ntupttliil 4'aicagj 03 Wk.

ago, 1912. Total, cars SiiS JJioomliall cable that the late tn Airenca yesterday wan nflVet in the Ijlvorpooi xvheiii market by steudltr (ms.jls and the 1 4utlcjk in the ulHi'-al situation; the fort-cant was fur larger Argent Uiv shipment a this Aiotk, and Plate offers tit new are freer. the opening shorts covered, on the ditvucht in northern India, th-re tontinues a fair demand from the cont.neut, and cargt offers are Ann. Th advance was checked by of large world's shlpnu nts this wt-ek, i.orn opened lower, on reported rain (u rgentine. believed by many In Iiverpojl l.i lo general.

Paris wheal and flour opened weak under Induced by larger native offers and lnvr foreign arrivals. (nilia The wpaUier hari again turned tit and dp after very light ra'n. mostly local flmwcrs, wheat experts fur the week are rsitlmaied at bu. nga'nt 1.36 tho previous wck and KAWO lust year; corn MXp'jrlw e-ritimate-d at S.Vxt.O.X) bu. agaiiut nnd none respectively.

The outlook on c-im Is ver uncertain. GRAIN PRODUCE STATISTICS. The alio wins tables show the dally movement of grain as posted at thu Product K'n-hanire today: RECEIPTS WRSTRnN" TOIXTS. Flour. Wheat.

Corn. 0.it. Tia: ruls. nurhr-1. Uuiai.

every shore of Consumers Park common and preferred, ten shares each of the common and preferred of the new company have been Issued, so that for the Consumers stockholders the exchange is practically on a share for Bhare basis. This takes up half the capitalisation of the new coniDsinv. the other hair, vis, $400,000, having been allotted to the share hoWera of the New York and Brooklyn Company, which It is said, was heavily over-capitalized. The new preferred stock Is seven per cent, cumulative and preferred as to assets, but has no right to vote at. the annual meetings.

The plant of the New York and Brooklyn, which, In Itself, represents a merger of several minor brewlnn companies, will eventually be shut down, all of the output henceforth to be manufactured at the Consumers plant, which Is SRld to be one of the finest In Brooklyn. While no definite plans have as yet been formulated as to the ultimate disposition of the New York and Brooklyn's plant. It Is probable that a new company may be formed and the plant converted Into an artificial ice plant. The new interboro Brewing Company is now the third largest brewery in the borough. TITLE GUARANTEE AND TRUST.

Net Earnings Last Year $117,000 in Excess of Previous Tear. The annual report of the Title Guarantee and Trust Company, which was submitted to the stockholders at yesterday's meeting, shows net earnings .117,000 In excess of 1911, the gain being the result of an Increase of Income from the capital account and from the banking department. The capital account for 1912 Bhows earnlngB of $457,291, the banking department shows earnlngB of $411,214 and the title insurance business Bhows earnings Increased about $33,000, but this was offset by additional expenses, so that the net Income from the title business for 1913 was about $28,000 less than for 1911. "The Improvement in real estate that has been hoped for each year since 1908 did not come, continues the report. "The number of deeds and mortgages recorded in the Register's office of the various counties maUlng up Greater New York has grown steadily -each year.

This year the grand total of deeds and mortgages recorded has been 113,165, as compared with 115,507 In 1911. The greatest falling oft has been In mortgages, the number ot deeds recorded in Greater New York being about one thousand in excess of last year. The mortgages, however, number something over three thousand less. Tbe gain in deeds has occurred In New York, (1, man. niohmonrl Ihcr.

h.ln. a siigut inning uu ju tne omy gain in the number of mortgages has oeen in ine norougu ot ijueens, me otner boroughs showing a falling off. "in the matter of losses we have had an exceptionally good year. As the amount of our outstanding insurance Increases It is to be expected that the BROOKLYN CORPORATION. (Special to The Eagle.) Albany, January 23 Articles of incorporation of the Improved Rubber Products Company of Brooklyn, have been (lied with the State Department.

Tho capital stock Is $100,000. and the directors are Cerrle M. Berger, Samuel A. IJerser and Arthur C. Mandel of Brooklyn.

BR00KLYN-L. I. DIRECTORS. (Special to The Eagle.) Albany, January 23 Frank Weninger, George A. Fallcr and Torry Mundus of Brooklyn, appear as directors of the First American Sailing Airship Company of New York City, chartered with the State Department, with a capital of $20,000.

Fritz Becker and Eugene N. L. Young of Long Island City are among the directors of the National Labeling Machine Company of New York City Incorporated with a capital of $30,000. William B. Hhelton of Urooklyn appears a a director of the If.

Reynolds Couiiany of New Vork City, organized with ths Slate Department, with a capita of flO.COO, to deal in realty. Ju.nes P. McMrnus of Tlrooklyn Is a director of the J. U. Max-veil Motor Corporation of Tarrytown, formed with a capital of $10,000.

Janics Cox Leonard, VV. Montz and Albert Van Winkle of Prooklyn are among, the tors of the Hourse Company of New York Ci'y. at $10,000, to deal In soda and aerated waters. Chirles M. Hall and Thomas P.

HaV of rtr'klvn apiesr as directors of the New York Itroire Works of New York City, chartered w'th a rsnltal of HO.fOI. Millard Frlesberg of Brooklyn Is among the directors of the Hartman woiosnrtn om tinny of New Yorlt (lty. orgsnlsed with capital of deal In whiskies, etc. NEW QUEENS CONCERN. (Special to The Eagle.) Albany, January 23 A certificate of incorporation of the Review P.enlty Corporation of Queens Borough has been filed with the State Department.

The capital stock is $20,000, nnd tho directors nre: Benjamin J. Field of New York city. Alvln C. Goddnrd of Richmond Hill and Raymond E. Maben of Brooklyn.

NEW LYNBROOK CORPORATION. (Special to The Eagle.) Albany. Janunry 23 The Columbia Metnls Corporation of Lynbrook has been Incornorated with the Secretary ot Stit. with fl capital ot $20,000. The directors are E.

J. Forhnn, D. A. Cashin rnd F. B.

Knowlton of New York City. OFFER MONEY TO TURKEY. Berlin, January 23 Definite offers of flnanc'alasslstancehave been made to the Porte by French and German financiers Interested In Turkey. British capitalists. It Is will cj gopcrnte in th iw wsm fUnftii'fe( H) fOi) ftSxlf) M'nnapolis Wi ss noo TmJuth isKVi 2.ch1.i it, Loui pr, fi'a Tif Rl.tl'nl Kans-is t'ity Tl.ftV 6l.i"-'W Toledo 17 f.n Tetriit it.

7.0) 1f.030 7 Vin n.fl 0 Omaha Wire trouble. 6H 1PM EM'S I-'ROM "VMOSTERV POINTS'. Flour. Wheat. Corn.

Oit ro.i'ore an5' dividends are paid on the com rMrf I23.l"0 01 37. ''O MMwaitke sl.Oftl IH.MIO Minnea-Htlls M.iw sj.no i.vftfl r'f. IHjis ij.iW 1fi.V'V) flJ.OfV) no-l Kan1 Cily Its ftoo 37 enri Toledo H.OOXI tm 13.W. u.m maha Wire iroiib'e. REOElrTrt AT ATt.AVTlr Flour.

Whea. I'orn. OalA. Barrel-'. liuslH'l 7t.

I 4tj.f,,vi no, 10j'il Jl.iOl ntoo Jlliiioior rifi.iiOO "H.o iirlfjni 7,000 r.aiveit 23iyj s.ihio Tetsi -mtvi t47.fi0 E-'ifOKTS I-'IjM ATI.AXTH! l'OBTa. p'lour. Wheat. Corn. Oat.

New Torlt T.OM 4.W') Hoeion (i0i uvlH-iiis j.t Total r.X llo.ft"!) 19.el0 The total receipts today were estimated at 22,000 bales, compared with 29,617 last week, and 51.597 last year. The receipts et the principal interior points compare as follows: Today. Last wk. Last Yr. Houston 8.552 6,262 7.8:l;t Memphis 3,394 2,221.

2.SJ8 Augusta 6S4 Sill 1.639 St. Louis 2,829 0.601 1.96J Estimated receiptB for tomorrow, with comparisons, follow: Estimated Tomorrow. Last wk. Last yr. Galveston ..6.500 lo 7,500 7.S7S 17,105 New Orleans ..4,200 to 5,200 3.331 9,952 NEW YORK COTTON MARKET.

heporteU by Hubbard Bros. A 64 Beasr atreeu Yester- Pint Hlgb- Low- 3:30 p.m. Ist. 12.59 12.18 12.27 12.J0 11 11.98 11.87 11.44 11.37 11.42 salft. eat.

est. sale Jan. .11.05 11.65 11.40 11.40 Feb Mnr. 12.27 12.37 12.12 12 10 April uy. 12.11.

12 22 31.90 11.99 Juno July. 12 01 12.10 11.85 11.87 Aug. Oct.il.40 11.48 il'3'6 11.80 COTTONSEED OIL. Orders were well dlutrlbutod today, but It seemed as though demand was gradually filled. Refiners were credited with operating on both sides of the list.

In absence ot any change of importance in the crude situation the professional element was cautioned. In the main, however, their attitude suggested a continuance of bearish ideas. A few tenders were out, but January maintained most of Ita premium. It In asserted that the deliveries of oil tomorrow and Saturday will be moderate to heavy, but other authorities assert that if there Is not to be considerable short covering In the open market the tendering of olj will have to be more active. No speclnl consuming demand Is claimed the buying being of hand-to-mouth character, and as far as ran be learned Is still for tbe better grades of oil.

COTTOM OIL QUOTATIONS. by Aspegren Produce Ex- rnsnge. iora ity.i Opening, 11 ar.2 ai Yesterday'. High. Low.

h' I rtos SO a 31 33 klarci, Ar.r,,. US'-, IS-IB 6.15 615 (114 17 (1.17-22 6.17 10 d.17 Oli ill 10 U.18-1P, 617 20 6.1(1-18 6 19 ol 6.1W-21 6 18 BIS 0.17 111 6 21-23 620-iil 0 10 6111 8 lie 27 0M7 o24 6 -J-) 1121-24 6-23 -ft 6 26-27 6 27-3J 6.26-;2 PURPOSES OF RUBiJER STOCK. Announcement Is made In the application of the l'nlted Slates Ruhber Company to the New York Stock Exchange to Hot $6,000,000 additional common stock that It Is to bo used for the purchase of the entire common share capital of tho I Rubber Regenerating Company, nn In- dlana corporation, having Issued and out-I standing oommon stock and nn autnorizea issue ot preierrea, oi which $11,000 has been issued. THREAD TRUST PROBE. Washington.

January 22 Tho Depart ment of Justice has finished Its Investl-' gallon of the American Thread Company, tho so-called thread trust. Agents enn-I dueling the Inquiry tor ninny ninths will soon report to Attorney General Vi. sham, who will decide wh th ta-u an untl-tni't suit. Opening. Yeaterday's Di.l Ms January 13.00 13.08 Febrnary 1S.05 13.00 13.15 March 13.13 13.20 13.24- April 13.30 13.33 38.3H May 13 11 13.43 13.4S June 13.50 13.55 13.57 July la 51 13.04 August 13(13 13.69 13.71 September 13.73 13.73 13.78 October 13.71 13.73 November 13.63 13-08 13.69 December 13.58 13.61 13.64 mon stock.

STOCK EXCHANGE LISTINGS. The governing commltlee of the New York Stock Exchange has listed the following securities. ftilted Klnles Rubber $8,000,000 common Htoik be uiliieil on official notice that It has liiHiifd In payment for the common Muck of the Htibbcr Kc-KencratlriK and 8 per non-cumulative first lire- forn'i stock be aMtd on offlclal notlco of luance na follow: for the pur-L'ltHae of second pref-rrfo stock of tli 1'nltetl Htates Rubber Co. and In erchnntr'' for profrrt-d atock of the Rubber Manufacturing Co making lie total amoun'. authorized to be listed S.K.O'io,oi common stock and first preferred stock.

Louisville and Nashville Railroad on and sfter Ffbrusry Hi. 11113. common capital stock on ofP.Hal notice of issuance and payment in full, making total amount authorized to be lUted 7'J. Northern I'm-itic Railway prior Hen 4 lfr cent, bonds due 1, ninMng totel listed C-nntl I'bemlcal on nnd after February 1, common stock be add.rl on notice of Issuance, making total amount to be llMe I f.1Si'.7'V. cliicnno and Illinois Railroad $1 nl crnt.

preferred making total amount lited s. loo, also gen-, nil consollda'Ml fipd mortgage 5 per cent, bonds due niaklng lotiil amount Hated Atlsntlr ('cant l.lne Rnllrosd on and ifter Kebrunry 3. common stock, mak'ng Kdul amount authorized to be listed 1 171. 211, mm. Vn.

Vm-1, II-. i lhp and Trle-miph 4', per cnt. convertible bonds, due In I i'1 itn.t the Raltlmore and Ohio iim Miu, vuiiveriiuic bonds due In wh-n issued. NEW WIRE SCREEN COMPANY? It Is reported that Wall Street bankers are organizing a company to manufacture and sell wire screens with capital of $1,000,000. Some valuable rights, it Is understood, have been acquired In Improved roll fly screens, which.

It 14 claimed, have (rrcat advantages and conveniences over the standard s'a'ion ir.v UCrp" CHICAGO LIVE STOCK. Chli-ago. -Cattle receipts. B.ilo; mnr-tt tdow, Mlerdy. lteeres, $6h'I.

Tet.ts steers, I4.7CS..70: Western steers, Ktoekers and ft iders, S4.tH"a7.6:, cows ami hellers, 7.3.".: calves. STalo.s:,. 34. otto: market slow, weak to lower than dnesday's avcintre. I.lplit, 143: ndtted, lirnvy, s7nT.f.(l: rntigh, 7a7.ir, pigs.

7:7.30: bull, of sas. $7. 4im7.tr,. Sheep reecints, 17.iMl; iiuti-lict wenk to loaiv. lotrer than Wednesday's avernie.

Native, 6.3:'. Western. $r-iiV3f. ycnrlings, lambs, native, Western, 7a9.2(l. LOAN FOB SANTO DOMINGO Santo Domingo.

January 23 The has ticccptid the terms of the 1 unking house of Santiago Mlchelemla S'tnto Domingo City, for a loan of Tin loan was voted by the National Congress ami sanctioned by the States (lovcrnmciU. The nuin; vlll be applied to the puMn-mt of overdue taUrlos of Gt vcrnnitnt oftictiilp and liquidating some claims growing out of the recent revolution. FINANCE EGYPTIAN COTTON. Toixlon, January 23 The Introduction the British' Parliament of a bill Authorizing the treasury to guarantee the interest on a loan of $15,000,000 for tb! development of cotton growing In the Sudan wns promised by Premier Asquitb this morning, when he received a deputation from the British cotton-TOiliS association. ST.

PAUL'S DEC. EARNINGS. A director of the Chicago, Mllwnultes and St. Paul says that tho open weather which has prevailed almost all over ths Um rn.lll.ntn l.nn.nnr. tatlon by tho ra'lrcads nnd that ths business of the St.

Paul li keeping up well. The December earnings will be better than those of November and will incite a very favorable comparison with December, 1912. GERMANY'S TRADE EXPANDING) Berlin, January 23 Gormany's trad for 1912 showed great Increases both In Imports and exports, according to th official preliminary estimates. The lm ports for tho year totoled $2,573,000,000, or a gain of over 1911, wlilla the exports totaled $2,222,000,000 or A gain of rW.OOO.OOO..

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963