The Pittsburgh Post from Pittsburgh, Pennsylvania • Page 21

THE PITTSBURGH POST. BUSINESS, G.O I A AND HAN CIA APPALS SUA DAY MOUSING, i PITTSBURGH BOARD. atic fleet, succeeding Rear Admiral Jaha Hubbard. Unusual courtesies will extended by the government oa tka casloa of the exchange at commend while the Amerteaa raattlasbttw.ewa at Yokohama next week. Tha schedule ot garden parties and dinners for tha visiting officers Is as follows: Monday.

Mayer Arakmws, of Toko- liAait eAae4aiW AfM4ttarei Shares Lagged The local speculative market during; the short session of the -week was. dull and narrow as usual; transactions t6 shares, compared with 1,445 shares ana 11,000 bonds handle? Friday. it Yesterday's exchanges compared with T.52.13.91 the corresponding day a year ago; call loans quoted at per cent. Pittsburgh Brewing declined Pittsburgh" Coal preferred yielded H. River Coal prefered advanced 9s; but seven stocks were traded in.

only three of which changed in price. Last week operations were confined to 29 stocks and three bonds; of these 13 declined, six advanced and 13 closed unchanged as against last previous prices. PITTSBURGH QUOTATIONS AND TRANSACTIONS. in a pablic room while she was on a cycling tour, on. the ground of her dress.

The case was taken up by the Cyclists Touring dub, but was lost, a tt appeared that Lady Harberton, even In her divided skirt, would have been admitted to the bar parlor had she wished to go there. Of late years she returned to the ordinary feminine style of dress, but was. up to the tima of her death at 77. an ardent suffragist and a leader in every movement for the advancement of women. Opposition to divided skirts has weakened of late and Lady Harberton had the pleasure of seeing many horse women In the Row riding along without rousing any comment In Just such garments as the woman cyclist of years ago could not 80 P.

Brew, com 20 r5 Ind. Erew pref 22 60 P. Coal 7SVii 20 do. 23 SUMMARY FOR THE DAY. Iwt Bales.

High. Low. sale. Ch'ge. AMONG THE.

FIRST TO ADOPT DIVIDED SKIRT. Death Viscountess Har-bertori Recalls. Her First of Garment. SPECIAL CABLE TO THE POST. LONDON, May 11 Viscountess Harber-ton, who died in London this wek, waa ona of the first English women, to adopt the divided skirt when it made Its 13 years ago.

She was one of the leaders of the rational dress movement. She strongly objected to the inconvenient trailing skirts of the period, and she faced criticism and ridicule by wearing bifurcated garments in Regent street. At that time bicycling for women was still something of a novelty and a strong effort was made by believers in the dress reform movement to obtain the general adoption by women cyclists ef some form of divided skirt for this exercise, even it not for general wear. The effort failed, of course, and Lady Harberton had some unpleasant experiences during her work as a pioneer. At one time ahe brought legal proceedings against the shocked landlady of an Inn in- Surrey who refused to serve her on the stock of the, Pittsburgh Brewing Company There was no that the usual dividend would be made on the preferred stock, but a rumor gained currency that the distribution on tne common might be reduced or postponed.

Persona acquainted with the management of the company gave positive assurance that the dividend would be declared as usual, which was done. The common stock, however, was heavy, and yielded sligntly. It declined after the alviaend was announced, as is generally the Independent Brewing issues were dull, heavy and cut small ngure in trading. The business of the Westinghouse Machine Company for the month of April snowed not only the best monthly volume of new orders since the first of the year, but it was also 10 per cent better than for the corresponding month last year. the company has been affected, the same as other large manufacturing industries, by tne general business depression, the greatly increasing number of inquiries wnich are now being received leads to the belief that in its particular line of manufacture, the production of prime-moving machinery, the outlook is exceedingly encouraging.

Some of the large turbine orders whicn the company has seeured recently seem to emphasise the fact that this belief is well founded. Among these larger contracts obtained is an order for two KW. turbo-generators from the Oxarka Electric JJght Company, of Osaka. Japan. This is the largest electric lighting company in that country, the Westinghouse Machine Company having furnished them already live 3,000 KW, turbo-generators about two years ago.

The new machines are required to take care of the company's greatly increased business. The works at East Pittsburgh are also turning out four turbines for Richard Tillis, of Montgomery. one of which will be of 2.000 KW. canacitv don without stirring up an REAR ADMIRAL MURDOCH TAKES CHARGE OF FLEET. Commander of American Asiatic Squadron Will Be Entertained, by Japanese.

BY ASSOCIATED PRESS. TOKYO, May IX Rear Admiral Joseph B. Murdock arrived here to-day and will assume command of the American Asi PRESENTATION Will You Be One of the Fortunate Onaa ALL YOU NEED TO DO IS TO CUT OUT AND Present Six Coupom printed elsewhere (Daily or Sunday). cliDDed on consecutive days, and the si pense bonus amount herein set opposite any style items of the cost of packing, express from factory, other necessary expense items). lfS4 WAtt Vf VieW ivaple ev ave loan Ambassador O'Brien, whose gnosis win be the American admirals and high Japanese officers'.

Wednesday. Woe Ad- tnlral Baltn mlnlalar of marts! Thurs day. Vice Admiral IJula. chief at tka general staff of the nary; Friday. Uajror Osaka, of Tokyo, and Saturday, Uarquia Kormira.

minister of foreign affairs. Tha special attention te be shown tha visitor is Intended. It la thought, aa further avi-i dence of Japaa'a appreciation of tha recently concluded Japanese- Amartaaa. commercial treaty. RodHauaa RadUU large aonreclatlve audience waa It nlaiwv at tha annual anrltta SJMSV 1- .11.1 V.

auuttta nf yialMS Lawrence Rodrlguee, wnicn waa given in the lecture hall ot Carnegie InatlMt nuredav evening. Mr. Rodrlguee wat assisted by the Orpheus Club of BaUe-vue and Avalon and a mixed Chora of 45 pupils. Those appearing as ealalata were Eleaaore Miller Cochran aad Mrs. L.

A. Hubach. sopranos; Dean B. Ham ilton and Will A. Rhodes, Jr tenors; Edwin H.

Mackintosh, nan ton; emu Brackus and A. Hubach, bass. selected (which covers the checking, clerk hire and As a further innovation, Sixteen specialty prepared Statistical Charts, printed in two colors, will bo found their proper places the book, depicting plain figures and comparative rulings the greatness of America as compared with other nations in the matter cf Army, Navy Money, Agriculture, Coal, Iron, Steel, Corn, Cotton, Gold, Silver. Oats, Sugar, Tobacco, Wheat, Wool, etc These illustrations were produced at an immense cost and are of a character that lias heretofore appeared in only the highest-priced sets of books. The title "ILLUSTRATED" is, therefore, peculiarly appropriate, and this feature, practically lacking in all other dictionaries, is of inestimable value.

Uu4 i six Six coBaecattre DteUon- EXTRA FOD P03TAOEJ the most powerful Orator of the Fiftieth Congress, when asked how he acquired his wonderful command of lrn-guage, replied: "For yexra have rr.zt'i a practice cf ctsrchisj tbs Dic-tionxry fer Words tht era IICV7 TO IIE, cd then 13 Csk la ccavcita cx la Vxz ttzT LastW 1 eeic Market Narrow With Operations on a Restricted Basis. PRICE SWINGS SMALL Dealings Chiefly in a Few Industrial and Several Bonds. "'The New York stock market moved long the narrow course last week whien it has pursued for month Interest wa entirely profersional and was confined to a. tew standard issues and specialties. The bear are run in occasionally sharp upturn but it is apparent strong interests do not care particularly whetner the short interest is large or smalL When the time comes to put tne market up the bis; feuows wiii do it, and 01 course they expect the public to fall In line and assist them.

Money is accumulating daily and as it is the foundation of speculation conditions in respect to funds at least are shaping up lor a general bull campaign. Bears in the market are not so confident as they were. As decision day in IUQ eu cuic vrua a- m- vsj a- proaches they find themselves unwilling to run the risk of being heavily short-' in fact, of being short at ail. It nas been ascertained, that many thousand prospective buyers of stocks, being of the opinion that mere will be a sharp break when the supreme court hands dawn its findings, have put purchasing orders under tne market, and the knowledge tnat a psbtic demand tor securities has been created Is very discouraging to-those on the destructive side of attain. Nothing else than the decisions is being discussed, and it may be that when tney really do arrive the effect will be disappointing.

Prices may not get out of their rut at ail. This: is guess work, but all agree that one -mans prediction is as good as another's these days. The resistance shown in tne last few days has done a great deal to convince traders that much stronger efforts will be necessary to depress tne market than yet have been seen. There is a danger, of course, that the list may be overbought, in wnich case a temporary reaction can be looked for. Some conservative bouses advise that in any circumstances a decline is probable, as bull overconfidence may defeat its own ends for a time.

In any event investors have no reason to feel at all anxious as to the outcome. Concentration and community of interests are startlingly revealed in the fact that two dosen men in the United States now practically control the financial and business destinies of the country. They possess a power never before wielded by the same number of men. A glance at the at dominant corporations of the nation shows that the men referred to are at the helm. These are John P.

Morgan. John I. and William Rockefeller, George F. Baker, E. H- Gary, V.

K. Vanderbilt. James Hill, John Jacob Astor, James Sttilman, James Speyer. Jacob if- Schitf, Kdwin Ha wley, Henry C. Flick Daniel Guggenheim.

George Gould. W. H. Moore J. Ogden Armour.

Cyrus H. McCormick. John Claflin, Norman B. Ream. Thomas F.

Ryan, Peter A. B. Wldener, John t. Arch bold and Robert 8. L.ovett- A look, at the leading banks of the country, the great trust companies, the most important railroad corporations, the largest industrial combinations and the prominent insurance companies will bear out the assertion that a small coterie dominates the situation so far as the United States is concerned.

The action of the stock market is indicative of the desire of the more aggressive of these individual a. Many of mem do not participate actively, or at least publicly. In ar-I airs relating to the manipulation, but they are Influential just the same. It is an easy matter to pick out the men who have the most to say in Wall Street. These are Morgan.

William Rocke feller. Baker. Gary. Hill, Speyer. Benin.

Hawley, Frick. Guggenheim, Moore, Ream and Widener. Morgan heads th list naturally, because he ia looked to as the commanding general of the allied forces. Interest In local securities last week was mainly centered a few leaders. Occasionally a little business would de velop in a dormant issue, but the bulk of operations as a rule followed beaten path.

The market was, as heretofore, dull and narrow. In a few issues a fair business was done, but on the whole results were unsatisfactory. As to the tendency of stocks, pronounced bias was not shown in either direction, although week-end prices indicate fractional changes both ways, with declines predominating slightly. Features were lacking. About the only thing of Interest was the regular dividend declared on Pittsburgh Brewing common, but that did not occasion excitement or induce heavy trading in any member of the list.

The feature of the curb market was the declaration of a dividend on Pure Oil common at an annual rate of per cent when 2 per cent better was expected. This was disappointing In some quarters and considerable blocks of the stock were unloaded, the- price yielding. Operations last week were chiefly confined to Coals. Crm-iotes. Fueprwofliw, natural gas Issues, and Independent Brewing stocks, Pittsburgh Oil and Gas.

United States Glass. Pittsburgh Plate Glass, several members of the Weajinghouse group and a few The market needs the stimulus of a broad, urgent demand whichwUl carry prtcee up and produce healthy reactions, the usual characteristics of a healthy bull market. Sales last week totaled T.31S shares, compared with 33,987 shares the corresponding week' a year ago. Some considerable changes in prices have been made in local stocks as against those of the corresponding week last year, as the following table shows: last Last jrer. -week.

CoRsel. lea 41 44 creaible 13i 1SH eot preTc-rred 804 nr Proofing 74 5 do. preferred 5i 2a libiMn-Valkr M4 Imfapand. 4 4 do. preferred IS 22 Manufacturers' 0..

1 2i Okie uel 40 riUsburcH Brew 2i 2. preferred 41 43 Pittsburgh Coal pref. Pittsburgh P. 113 109H River CoiJ, prt 25 24 Union Switch 106 V. a.

Olaaa 41 4 1 a Steel K4 74H r.lectrto Seeonds 3114 li Psa Toy .28 24 fare Oil 6 Union Oas 1293 rittsbarg'a Ertw. Change. -4 -f- 2 4 2i tT In the outside market last week con siderable interest was taken pure oa. It was known the dividend would be announced, and holders were anxious to learn the rate, vne general iaea seemea te be that not less than an annual rate of 10 per cent would be announced, but the conservative element on the board thought per cent about proper, and that was the disbursement. This stock has been bought freely for several months en the theory that the dividend would be doubled, the distribution for some time having been per cent, and it made a suoetantiai gam.

most ex wmcn was pvra. lsr February the stock sold at 44. and recently brought 9. It reacted ever a peUt on the announcement of the dtri-oead as against high. It is claimed by friends of Pure Oil that it ia one of the meat strongly entrenched oil companies in te country.

It has an agreement with tie Standard whereby it can get all the crude oil It needs for its refineries, and tie Standard has agreed to take all Its product at a satisfactory profit. It Is asserted that the company will soon be In a position to pay a stock dividend of at least a per cent, owinr to its great maey earning ability Since the first of ta year to April 1. 55.311 shares of the strait changed hands on the local board. during April and half of May 23,000 shares additional hare been handled. The Brewing propositions were quiet last The important feature In eaa- Vetion with this group was the dividends Closing bids end offer Saturday.

Friday. Stocks. Bank of Bid. Aek. Bid.

'Ask. 11 1W Diamond National 320 Lniqueene National 250 si" Exchange National .4.... Farmers Dep. Nat First National ISO 120 805 sou 30c' L4ncoln National Monorgahela Nat. Western Sv, Dep Common.

It. E. 209 200 liS JS2 430 16 40 10 SO 162 430 16i Fidelity T. A Real Estate Trust Safe Dep. ft Trurt.

250 Mereljuita 8. 4V T. Pittsburgh i'9o 100 30 4U'e 25 r. a. p.

Mrs. Ln ft Ohio Fuel 3. is" 454 13 MM 24 43 68 si" 4SH 1SH 39 tela Pitts. Oil Oklahoma Gas 69 34 V4 Pleasant Valley West. Elec.

Tnta Con. Ice Crucible Steel do. pref Harbison-W. F.ef....A... 1o.

pref Mon. River lo. Nat. Fire I 25 2o 6 55 Co. pre! 54 244 34 B.

ft L. K. R. 1 Pitts. Brewing 5o.

42V Pitts. Glass U. 8. A Signal S3 do. 99 U.

S. Olasa. PUts. pref. Hi Am.

Sewer 14 Ind. Brewing 4'4 do. pref 21 Tonopah 1.00. 2CH 43iJ l5 lt 119 9 43 IS 131 3 21 ....1.00 san Toy 21 .25 25 BONDS. McK.

ft C. 8s 102J4 1W4 Pitts. Brewing 90 J00 tad. Brewing (s 1 TRANSACTIONS. 10 te 10:30 a.

w. 100 Mfrs. L. ft H. J0M.1 SO Ref.

pf. 96 80 do. Sttl 10:30 to 11 a. m. 10 Fireproof com 11 a.

m. to 13 m. 0 Mfra. ft H. 20 1 4S Jt.

Coal 50-50 (io 20 S5-1C do 24T 60 do. 10-40- Hit will continue to pay the nreaent rate of dividends: this' fiscal year, even though 1 earnings snoum iaii a little short of requirements, the manner in which traffic returns have declined has caused no little uneasiness regarding the matter. The April statement of earnings, to be published In about 10 days, will show a great improvement in net aa compared with recent months. Net in March showed a decrease of nearly $500,000, while net earnings In February decreased approximately 1300.000. The April statement will show net earnings up ia April of a year ago.

Gross returns, too, will show a slight improvement. The decrease in business in March amounted to The decrease in business in April amounted to approximately 1800,000. Naval Storan. CHARLESTON, g. C.

May 13. Turpentine firm. 6Soi4c. Rosin firm. Quote B.

tfl 76; D. 97 E. $7 15; Fi O. 17 23i; H. K.

XI 27H: M. 7 33; N. 7 80; WO. $7 60: WW. $70.

SAVANNAH. May J3. Turpentine firm. 65c: sales 570 barels; reecipts 1.112 barels; shipments 10 barrels; stocks barrels. Rosin firm; sales 2rS23 barrels; receipts 3.191 barrels; shipments 20 barrels; stocks 44.18S barels.

Quote B. 9 75; p. $7 10 7 124; 87 177 20; F. $7 224; G- 17 22 7 25; H. $7 25T27H: I- $7 27; K.

37 SO; M. N. 37.45; WO. ft 507 05; WW. $7 X7 65.

WILMINGTON, N. C. May turpentine steady, 64c; receipts 23 casks. Rosin steady, 96 40; receipts 96 barrels. Tar firm, 0 20; receipts 12 barrels.

Crude turpentine firm, 34 75; 36 50 and 36 78; receipts 16 barrels. ,11. S. Treasury Statement. WASHINGTON, May the beginning of business to-day the condition of the United States treasury was: Work tag balance in treasury offices in banks and Philippine treasury, the total balance In general fund was $81,829,463.

Ordinary receipts yesterday -were 32.103,857 with ordinary disbursements of $2,536,024. The -deficit to date this fiscal year is $707,090 a against $17,517,628 at this time last year. These figures exclude Panama canal and public debt transactions. i Wat, Goods, CINCINNATI, May $1 33. AMERICA IS LEADER IfJ PIG IRON AND STEEL.

This Country and Germany Both Outstrip England in Output, BT ASSQCIATED PRESS. NEW YORK. May 13. The extent to which Germany and the United States have outstripped England in the output of iron is indicated in statistics compiled by Sir Charles McLaren, of the Iron and "Steel Trade association. Britain's output of pig Iron was 9,000,000 tons 10 years ago, he says, and is now only 10,000,000, while Germany has Increased from to 14,000.000 and the United States from 13,000,000 to 27,000.000.

In the same period England's steel output has grown from 5.000,000 to 6,000.000, while Germany has increased from to 13,000.000 and America from 10,000,000 to 26,000,000. PLAN WIRELESS TESTS. Successful Operators Are to Receive Merit Certificates. BY ASSOCIATED PRESS. WASHINGTON, May 13.

To bring about greater efficiency of wireless operators on ocean-going vessels the department of commerce and labor will Issue a certificate of skill in radio communication to operators who pass examinations, which are to be held at many of the United States navy yards within a week or two. To secure a certificate an operator must qualify in the adjustment of apparatus, correction of faults, change from one wave length to another, transmission, and eound reading at a speed of not less than 15 words a minute, American Morse, and 13 words continental. Ocean-going vessels carrying passengers are required after July to be equipped with wireless apparatus and competent operators. BOY SCOUTS "SHOW SKILL. Delegates to Playgrounds Convention See Dem-' onstration.

BY ASSOCIATED PRESS. WASHINGTON. May .13. Practical demonstrations of boy scout activities and -visits by the delegates to the playgrounds ef this city constituted the program of the last day of the fifth annual meeting of the Playground Association of America to-day. Under the direction of Preston G.

Or-wig, field secretary of the Boy Scouts Of America, a group of boy members of the organization here demonstrated, what they are being taught In- the way of signal practice, giving first aid the Injured and in acting as guides. 10 Fireproof 60 P.ef. pref 9. 9 22 204 0 24 9 0 4j lnj. Brew.

Z'. 360 Mfrs. L. ft 20H 60 Pitts. Brew, com Hf 60 Pitts.

Coal 784 110 Klver Coal CCS 20 30 Transactions in securities on the Pittsburgh board last week aggregated 7.218 shares and $4,500 bones, compared with 21. 1ST shares and 822,000 bonds tfee previous corresponding period, distributed as follows: last Sales. High. Low. sale.

Ch'ge. SO Con. Ice pref 300 Cruc. Steel 178 Cruc. tleel 10 Fireproof 80 Firenvof so Ref.

pref. 20 Ind. Rrew. 185 Ind. Brew.

pref. Mfrs. L. ft Oklahoma 430 Ohio Fuel 100 ft L.E.R.R. L4l Pitta, llrew.

com 140 Plits. ISO Pitts. Coal r-ref- 270 P. Oil ft Oas 273 P. l-lata 200 River Coal River Coal j.ref...

600 San Toy 11S IT. B. 31sb. 60 II. fewiteh 00 11.

S. Steel 48 U. S. Steel '60 West. 20 Wi Klec.

BANKS. 10 Bk. of 15 Colonial Trust 10 10 Fidelity T. ft 420. 7.21s BONDS.

32,000 Pitts. Erewlng 100 100 108 509 Reww PIJ- 4 90 90 W. Pnn Rys. 6s. imi VX IW 84.500 iEx-diridend.

bCaeh. FEAH nEGlPROGlTY f.M: HE PLATE GLASS Pittsburgh Manufacturers Are Represented at Hearing, FARMERS OPPOSE BILL, They Will Be. Hurt and No One Will Be Bene- BY ASSOCIATED PRESS. WASHINGTON, May 13. A delegation of North Pakota farmers was the most, conspicuous and insistent opponent to-day at an ail day hearing on the Canadian reciprocity bill before the Senate finance committee.

In addition, representative of the plate glass factories and the lumber manufacturers of the country vrtti clsed the bill. 3. M. Pevlne, for North Dakota, summarized the effects that his delegation considered would come from the enact ment of the reciprocity bill. He said that it would seriously injure 30,000,000 persona In the country without a corresponding benefit- to the United States.

"You may reduce the selling price of our wheat 10 cents a bushel," said BIr. Deyine, "but the man who buys hi bread will not get it a cent cheaper. The difference will be swallowed up long before 4t gets to the consumer. Who needs that 10 cents, the farmers or the middle men? You may reduce the price of our cattle, but the laboring man who buys a steak will not get it a cent less. Treadwell Twltehell.

a 6.000 acre farmer, for the- "big farmer," and B. T. King-man a 600 acre farmer, for the "small N. O. Larimer, former Lieu.

tenant-Governor Lewis, of North Dakota, and John R. Mauff. of the American Society of Equity in North Dakota, a farmer's organisation, all made protest against the bill. During the hearing. Senator Stone suggested to Mr.

Devlne the possibility of the annexation of Canada. A fellow Senator added to Mr. Stone's suggestion: --and take Mexico an. who created a sensation In the Senate I during week by advocating American troops to stop the fighting in Mexico, vuueniea ana aroppea tne subject. A plate glass business in Canada to "torment" the American "infant" plate glass industry was predicted by S.

Strasburger, representing the Pittsburgh manufacturer. While plate glass was not manufactured in Canada now, he said, the reduction of duty on the larger sizes of glass would tend to induce its manufacture there. The plate glass industry In the United States, he declared, was purely a result of protection. "We are the one American industry that has no market abroad; we cannot compete with the foreign manufacturers," said Mr. Strasburger.

Leonard Bronson, of Chicago, speaking for the National Lumber Manufacturers' Association, said the bill did not give Americans free access to the forests of Canada but merely to the saw mill, which discriminated against the American saw mill NOTED EDUCATOR IS DEAD. John M. Birch, Ex-Diplomat, Succumbs'to Paralysis -in Wheeling, SPECIAL' TO THE PITTSBURGH POST. WHEELING. W.

May M. Birch, educator, diplomat and business man, a native of Washington county. died of paralysis to-day. He waa a graduate of Washington and Jefferson college, and began his career as an edu cator as principal of the- Ltnsly institute, in this city. Later he became city superintendent of free schools and during Grover Cleveland's second term he waa United States consul to Nagasaki, Japan.

Last fall he again accepted the position of principal of Ltnsly institute. Mr. Birch Is survived by his widow, one brother, Henry B. Birch, of Pitta-burgh; two sisters. Mrs.

J. J. McCerrelL of Denver, and Mrs. 8- T. Wfay, of Apollo, pa.

He was a member of the Masonic fraternity and waa well known, throughout West Virginia, The inter ment will be made at the Greenwood cemetery here. Monday afternoon. Wickaraham Will Spaak. NEW HAVEN, May 13. Attorney General Wlckeraham will he the commencement day orator on June at the Yale exercises.

He will probably apeak en a toplo Involving recent national supreme court cases, it is unda stood that. he will receive an honorary, degree from the university. 44 1 44 41 18H 13 IS -t 81 0'4 fi fc 25 25 25 96 18 '-94 4H 22 22 23 20 20 Hrtfc 59 43 ,43 43 31 34 84 23t XS 43 bU 7SH T8H Si 2 SV4 'A 110 M9 109 -4- wri 4 i .24 .24 .24 41 40 40 1 100 ll 75 74 74H -1 1H 1184 lis 149 14 149 9 344 34 34U. 0 118. 118 8 ISO 180 5 480 420 .9 II ii(( )) of the 2.00 Dictionary.

and two others of 100 1.000 KW, turbine for the United Electric Com pany of Lemoyne. one of 2,000 KW. lurpme (or the Evansviilo Gas and Electric Company, of Evans vllle. Ind four 300 KW. turbines for the Southern Naval Stores, of Toledo, mi KW.

turbine for the Pacer Company, Of Modena, one 500 KW. turbine for the Philadelphia Suburban Gaa and Electric Company, of PottsvlUe, Fa. The comoanv also received an order few days ago from the New York caiaon company, ef New York city, tor 15 steam engines to be used for driving blower fans. day was -the usual indifferent affair in la Yyi nvamati tm wfava a a sw wiivM.a ti ict atuv small and the volume of business trifling. sMitsu ui niociu ooa snares, compared witn snares nanaiea tne previous aay.

Inter. mrmm A a ia.ua. VVHMHI 1U AC none of which could be regarded as 11 leaner activity was Manufacturers Gas, which was heavy but did not yield. It opened with a trade at H4, sold at 30 and closed with a transaction, at the opening figure. One trade was made in Pittsburgh Brewing at a decline of as against the final price Friday.

Brewing has been heavy since the dividend announcement and has not rallied. Big Independent Brewing was traded In at 22 and was dulL River Coal preferred was strong and on a moderate demand gained a fraction. It was traded-in at 24. Near the close the market became slightly firmer and braced up in spots. The close was dull.

FINANCIAL NOTES. 1 The Columbia National bank has been approved as reserve agent for the First National bank, of Carly ale. 111. The St. Clair Savings A Trust Com-Danv has declared imi.iniiiti Hlvtl-ni of 5 per cent, payable May 30.

The Mellon National bank has been approved as reserve agent for the Citlsens National bank, of Evansville, Ind. Tiimrinrm nt 4ha vtAalttir Company declared the regular quarterly uivjuenu oi a per cent, payaoie lorthwith. The Fidelity Title Trust Company has declared the usual quarterly dividend ot I per cent. Stockholders of the Allegheny Steel Company will hold a special meeting on July 6, vote on the proposition "to In crease the capital from 43.000 or to 3, BO0.00O. The statement ef the Philadelphia Company and affiliated concerns for the year ended March shows the following: Yesterday a block of 1.000 shares of American Milling was bought oq the curb at 14- The closing quotations were bid.

1 asked. Contracts In Pennsylvania railroad warrants, which will be deliverable when issued, will be due and settled May 19. Warrants in lots of 100 shares will be cleared through the clearing house. The Bank of Willard, Wllllard, has been closed by order of the State banking commissioner. It is alleged a shortage exists in the account of the institution, The decrease in surplus of the Chesapeake it Ohio for nine months is equal to Vfa.

per cent of the capital stock. It amounts to ki.232,000. Not quite half of It comes from an increase in fixed charges. Cables from Paris say the- French finance minister has agreed to the listing of Atchison common on the parquet and that the stock would be introduced on the sponsorship of the Paris bouse of J. P.

Mprgan A Company. The explanation of the decrease In Great Northern gross earnings for April of over $800,000 Is given in the reduction of 770,000 tons of ore bauled out of the Mesaba Range last month compared with April, 1910. May will show another large reduction in tnis class of tonnage wnion constitutes a -very liberal portion of Great Northern's best pay ins; business, A special meeting of the stockholder of the Montgomery, Shoshone Consolidated Mining Company has been called and will be held in New-York May 29. At this meeting stockholders will, be asked to -indicate what disposition they desire made of their property which consists of a mill and mines owned by the company and its Due largely to increased efficiency of the company's plants, the cost of making sugar as compared with previous years was somewhat diminished. Net income amounted to an increase of $54 6.

400 or more than 39 per cent over the previous year, xne surplus avauaoie tor common dividends amounted to 1.4S,66 equal to 10.9 per cent as compared with 7.1 per cent earned in the 1910 fiscal year. As usual. Europe Is getting all cheap copper. Foreigners have been the bur buyera at tne present low level, wane Americans' are huying from hand to mouth, partially a reflection of rather de- pressina business conditions, out more particularly the general aversion of Americans to ouy except on an advancing market. Twelve and one-quarter cents is about the market, though possibly some copper could be bought at 1214 cents after a little shopping.

Since the Vandalia reduced Its dividends to per cent and Pennsylvania stock has been so heavy, some suggestion -has been made of reduction in the Pennsylvania rate to 6 per cent. This has not been taken seriously, for the company has paid at least per cent dividends since 1899, and while it has preserved a policy of living within its income, there is no question that It could reduce expenses very materially and so offset a decrease in gross earnings that is not likely to be checked for some months. It had been generally thought that the annual report of the American Beet Sugar Company would be a fine but it proves to be even more favorable than had been expected. The salient features of the report are as follows: Gross sales were the largest in the history of the company, and amounted to SMh.OOQ. an increase of fl.M7.300 or nearly 20 per cent over.

1907, the beat previous year. Despite the fact that sugar production in California decreased 88.600" bags owing to disease incident to sugar beets, the production of air factories showed an increase over any former year. Philadelphia Company1 Owes Dec. 72.W3 N5t 4.ti.te Dec, lJE.fcf Other Income 2.M4.775 inc. 153.771 Teal income Ckarges.

etc. 1.2S6,t& Dec' 43,376 Improvements, betterments, Inc. 691.930 Valance 3,430. lfl Dec 00,734 preferred amdewls OMnmoa ahrMends Inc. $22,813 Surplus 772.301 JJec.

1.0ZS.M7 adpista. Dep. 2m.t gurpraa i. Dec. Previous surplus 4.4:0.779 inc.

1.274.0S4 9. a 1 S.WC194 Inc. 4ol.fl Philadelphia. Company and affiliated crtmoanies. Or see Inc.

7.841 49.01 41010 6.KW 6,948 Net eemlega Inc. 277.588 1.488.973 Dec. 3.411.719, Dee. Other Income Total Income Deductions Fixed charges Improvements. meats, Balance better- 1,948.781 Mne.

S.474.9H Dee. 4U.63I 810.088 Preferred dividends Surplus att.961 Cachsne4 2.28S.86S Deo. S10.C90 Although the aemUoffleial statement has been made that Baltimore 4 Ohio Your Choice of the Hires zz TTTJ? K( (like IIlutraUtm la bound tn full Limp Leather, I lit aaee3v flexible. aUmped In sold on back and sides, printed 7EBSTEITS on Bible paper, with red-edges aad corners round-iiaw ed; beautiful, strong, durable. Besides the general tfL.Tinir contenU as described elsewhere, there Expeawe DICTI3IARY are over 300 subjects beautifully Ulus- Doras trated by three color plates, nearly 50 subjects by mon- AO otone.

and 16 pages of valuable charts in two colors. Jf Six consecutlre coupons aava. A MOST BEAUTIFUL D0OS. Itednced IUnstratlon And Receive General Contents of WEBSTER'S, ILLUSTRATED DICTIONARY Abbreviations of the Parts of Speech. Origin, Composition and Derivation of the English Language.

Principles of Grammar. Simplified SpeUing. Key to Pronunciation. Dictionary of the English Language. Synonyms and Antonyms.

Christian -Names of Men. Christian Names of Woi. en. Foreign Words Phrases, Proverbs, Quotations, etc Facts about the Earth. Declaration of Independ-ence.

Constitution of the United States of America. Metric. System of Weights and Measure. Value of Foreign Coins in U. S.

Money. Time Difference. Weather Forecasts. Presidents of the United Language' of the Flowers. Language of Gems.

Streets, Names of, their Origin and Meaning. Dictionary of Commercial and Legal Terms. Familiar Allusions. Fcmojus Characters in Poetry aJM Prose. Decisive DatUts.

Is exactly the same as the $1.80 book except in the stylo of blading which Is la half leather, with oUre edges, aad square: corners. lx coaaecatiTe DicUoaary Oee $2.00 WEBSTER'S KCTIOriARY Is in plain cloth blading, stamped la and black; same paper, same' Illustrations, but has all colored plates aad THE $1.50 WEBSTER'S HewIIhstrttsd charts omitted, ary Covpons aad. ANY BOOK BY II AIL, SOc Nev The illustrations. Including Colored and Monotone Plates and Colored Charts, are tha most complete, elaborate tad expensive that have ever appeared in any Dictionary. Three hundred and thirty subjects are illustrated by the Colored Plates, nearly fifty by the Monotone, and twenty-eight by the Charts..