Page:The New York Times, 1918-11-11.pdf/18

 

Figures given out yesterday by Byron R. Newton, Collector of the Port, covering foreign commerce movements here in September showed that, while exports declined when compared with the corresponding period last year, imports increased over September, 1917. The gain in imports, amounting to over $15,700,000, represented, it was said at the Custom House, raw materials wanted by this country's war industries.

September domestic exports were set down as having a value of $193,844,251, against $240,848,778 in the same month last year. There was also shipped out of this port last month foreign merchandise valued at $3,880,803. In August domestic exports totaled $205,580,073. Imports received at New York in September ran up to $115,731,618, this comparing with $90,804,013 in September last year.

Foreign gold was received here last month to the value of $559,988, while silver entries were put at $1,993,491. American silver went abroad totaling $2,530,120, and domestic gold valued at $737,990. In September, 1917, domestic gold exports reached the high value of $11,025,343. Duty collections on direct importations of merchandise totaled $5,668,725, and on withdrawals from warehouses $2,769,406.

Merchandise exports to Europe last month aggregated $146,689,226, this comparing with $178,189,078 in the like period of 1917. England was the largest individual buyer of war supplies and foodstuffs, her exports from New York reaching $73,425,465, or $21,000,000 more than In September, 1917. France took supplies worth $38,891,742, and Italy, $20,326,875. Relief supplies for Belgium from here were heavy, their value being $6,086,992. Outgoing trade with neutral European countries, regulated under the strict supervision of the Federal War Trade Board, was comparatively light. September exports to North America, Central America, West Indies, Asia, Africa, and Oceania were all below the levels of the same month last year.

European imports in September were down to $19,281,571, against $24,736,253 one year earlier. Heavy entries from Asia brought the total of imports from that continent to $44,111,318, of which Japan supplied over $24,000,000. The September imports from Asia exceeded those of the same month last year by $20,000,000. South America and Africa also increased their imports here.

 


 * Unlisted, †Sells cents per share.

 


 * $3/4$ payable in com. stock. †Incl. 2$1/4$% payable in com. stock. ¶Incl. 3% extra. a—Payable in scrip.

 J. K. Rice, Jr.& Co. Buy & Sell


 * Air Reduction
 * American Meter Stock & Bonds
 * American Piano Com. & Pfd.
 * American Snuff Com.
 * Commonwealth Pr., Ry. & Lt, Pfd.
 * Del. Lack. & West. Coal
 * Famous Players-Lasky
 * Farmers Loan & Trust Stock
 * Great Amer. Insurance "Rights"
 * Great Northern Paper
 * Guaranty Trust Stock
 * Lehigh Valley Coal Sales
 * Lone Star Gas
 * Midland Securities
 * National Fuel Gas
 * Penn Coal & Coke
 * Port Lobos Petroleum
 * Remington Typewriter Stocks
 * Singer Manufacturing
 * J. Spencer Turner Deb. 6s
 * Texas Pacific Coal & Oil
 * Winchester Arms
 * Yale & Towne Mfg.

J. K. Rice, Jr.& Co. Phones 4000 to 4010 John. 88 Wall St., N. Y.


 * Adirondack Elec. Com.
 * Amer. Gas & Elec. Pfd.
 * Butterworth Judson
 * Bush Terminal Com. & Pfd.
 * Casein Co. of America
 * Cities Service Pfd.
 * Cities Service Conv. Deb. 7s
 * Commonwealth Pr. Com. & Pfd.
 * Colorado Pr. Com.
 * Duquesne Lt. 6s, 1921
 * Detroit Edison Rfdg. 5s, 1940
 * Niagara Falls Pr. 5s, 1932
 * Northern States Pr. 5s, 1941
 * Northern States Pr. Com. & Pfd. & War'ts
 * Northern Ohio Elec. Com. & Pfd.
 * Standard Gas & Elec. Com. & Pfd.
 * Stern Bros. Pfd.
 * United Lt. & Rye. Com. & Pfd.
 * Union Terminal of Dallas 5s, 1942
 * Winchester Repeating Arms

Kiely & Horton 40 Wall St., N. Y. Phone John 6330

CARL H. PFORZHEIMER & CO. Dealers in Standard Oll Securities. Phones 4860-1-2-3-4 Broad. 25 Broad St. N. Y.

MAGMA COPPER

Recent developments indicate content increases at depth. Ore reserves being increased. Situation outlined in the current issue of our WEEKLY REVIEW No. 826A.

Among other leaves treated are


 * Oklahoma P. & R
 * Aetna Explosives
 * Merritt Oil
 * Int. Petroleum
 * U.S. Steamship
 * Sapulpa

M. S. WOLFE & Co. 41 BROAD ST. NEW YORK PHONE BROAD 25

For Sale 100 Shares Am. Brake S. & F. Preferred Price on Application.

Chas. H. Jones & Co. Municipal, Railroad and Corporation Bonds 20 Broad Street New York Telephone 9140 Rector. Cable "Orientment."

Beverley Bogert & Co. Tel. Broad 8317. 25 Broad St.

We Will Sell and Buy LIBERTY BONDS FOR CASH At Prevailing market prices.

FRIEDMAN & CO. 7 Exchange Pl.. N. Y. Phone Rector 834

4½ PER CENT. on Savings

This rate has been paid many years by the conservatively managed Franklin Society

FOR HOME BUILDING AND SAVINGS 38 PARK ROW, NEW YORK. Ask for Pamphlet, The Proverbs of Franklin."—Mailed Free.

High Cost of Living

In The Annalist today Henry Parker Wilks discusses the decline in the purchasing power of money since the war began. He says the great increase of bank credits has affected prices and suggests a cure.

European methods preventing fire losses are advocated in another article as a drastic means of checking America's enormous fire loss, estimated at $250,000,000 last year.

In today's issue

THE ANNALIST A Magazine of Finance, Commerce and Economics. 10 cents a copy. $4.00 a year TIMES SQUARE, NEW YORK.

 

HOCKING COAL COMPANY

First Mtg. 6% 20-Yr. S.F. Gold Bonds issued under Indenture dated July 1. 1912, between HOCKING COAL COMPANY, THE MINNEAPOLIS & ST. LOUIS R. R. Co. and EMPIRE TRUST COMPANY, as Trustee,

Notice is hereby given that in accordance with the provisions of the above mentioned indenture and supplemental indenture dated January 25th, 1918, bonds now outstanding, bearing the following distinctive number have been drawn by lot, by the undersigned, as Trustee under said indenture, far redemption on January 1st, 1919, out of the moneys in the Sinking Fund, to wit: 8, 14, 24, 60, 85, 89, 97, 101, 141, 184.

Said bonds so drawn for redemption will be paid on and after January 2nd., 1919, at the 120 Broadway Office of the undersigned Trustee, N. Y. City, upon presentation and surrender of said bonds with all coupons then unmatured at 105% of their par value. Interest on said bonds will cease on January 1st, 1919.

EMPIRE TRUST COMPANY, Trustee. By HENRY F. WHITNEY, Ass't Trust Officer. Dated, N. Y. City, November 1, 1918.

NOTICE TO HOLDERS OF NEW YORK SHIPBUILDING CORPORATION FIRST MORTGAGE THIRTY-YEAR FIVE PER CENT SINKING FUND GOLD BONDS, DATED NOVEMBER 1, 1916, DUE NOVEMBER 1, 1948.

Pursuant to Section of Article Four of the Mortgage of the New York Shipbuilding Corporation to The Union Trust Company of Pittsburgh Trustee, dated November 1, 1916, securing its First Mortgage Thirty-Year Five Per Cent. Sinking Fund Gold Bonds, the undersigned Trustee hereby gives notice that bonds of such issue will be purchased by the Trustee for the Sinking Fund provided in said mortgage, to an amount sufficient to exhaust One Hundred Eighty-Seven Thousand Five Hundred Dollars ($187,500), being the moneys now held by it in such Sinking Fund. The Trustee hereby invites from the bondholders offers for the sale to it on NOVEMBER 25, 1918, of such bonds. As provided in said Mortgage, such offers shall in each case be for all or any part of the bonds so offered. The lowest offers to the aggregate amount not exceeding an amount sufficient as nearly as may be to exhaust such moneys now held in the Sinking Fund will be accepted, provided that the price or prices accepted will in no event exceed, in addition to accrued interest, one hundred two and one-half per centum (102$1/undefined$%).

As soon as may be, on or after November 18, 1918, the undersigned Trustee will notify bondholders whose offers are accepted, so that delivery of the bonds covered by such be made to the Trustee at Pittsburgh, Pennsylvania, on November 25, 1918.

All offers must be in writing, be enclosed in sealed envelopes, state the number or numbers of the bonds offered, and name the price or prices at which the same are offered.

All offers must be received at the office of the Trustee on or before noon of November 18, 1818.

THE UNION TRUST COMPANY OF PITTSBURGH, TRUSTEE.

Pittsburgh, Pa., November 1, 1918.

NOTICE TO HOLDERS OF UNITED STATES TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES IV D, DATED AUGUST 8, 1918, AND MATURING DECEMBER 5, 1918:

All United States Treasury certificates of Indebtedness of Series IV D, dated August 6, 1918, and maturing December 5, 1918, are hereby called for redemption on November 21, 1918, at par and accrued interest, pursuant to the provision for such redemption contained in the certificates. On November 21, 1918, interest on all certificates of said series will cease to accrue.

W. G. McADOO, Secretary of the Treasury. November 8, 1018.

Notice is hereby given, pursuant to the terms of the Mortgage dated July 1st, 1907, that the undersigned, as Trustee, will recolve sealed proposals up to 3:00 PM. on the 6th day of December, 1918, for the sale to it of bonds as above described, sufficient to use the sum of $41.808.27, the undersigned reserves the right to reject any or all tenders.

THE NEW YORK TRUST COMPANY, Trustee. By B. G. CURTS, Secretary. New York. November 1st, 1918.

The undersigned, as Trustee under the mortgage to secure the above described issue of bonds, desires under authority of said mortgage to expend the sum of $42,598.75, in the purchase of bonds of said issue for the Sinking Fund, provided such purchase can in its opinion be now made advantageously.

Sealed offers of said bonds may be sent to the Columbia Trust Company, Trust Department, 60 Broadway, New York City, on or before November 15, 1918, at 12:00 o'clock noon.

Bonds accepted must be delivered on November 16th, 1918, or security furnished that day if required, that delivery will be made within ten days.

The right is reserved to reject any and all offers.

COLUMBIA TRUST COMPANY, Trustee. By GEORGE E. WARREN, Vice President. Dated, New York, November 4, 1918.

26 Liberty Street, New York, October 4, 1918. The books for transfer of the capital stock of Northern Securities Company will be closed at three o'clock P.M. October 18, 1018, for the purpose of the annual meeting of the stockholders, to be held on the 11th of November, 1918, and will be reopened at ten o'clock A.M. November 12, 1918.

C. N. TERHUNE, Secretary.

TO ALL HOLDERS OF THE FIRST MORTgage Six Per Cent. Marine Equipment Gold Bonds of the Munson Steamship Line, dated January 1, 1915, and secured by Indenture of that date, executed by said Company and by the Mercantile Trust and Deposit Company of Baltimore, as trustees:

Notice is hereby given to all holders of the outstanding bonds of this Company of the above mentioned issue that said entire issue has been called for redemption at 105 and interest on January 1, 1919. All holders will therefore present their bonds at the office of the Mercantile Trust and Deposit Company, in the City of Baltimore, Md., with all coupons attached, for redemption on said date. (No premium, however, will be paid on the bonds regularly maturing on that date.)

F.C. MUNSON, President. J. W. REYNOLDS, Secretary.

Notice is hereby given that the amount of funds now in the Sinking Fund provided under the First Mortgage of the International Paper Company, dated January 1, 1917, is $55,211.52 and that Bankers Trust Company, as Trustee under said Mortgage, and pursuant to Section 1 of Article V. of said Mortgage, will receive at its Trust Department, No. 16 Wall Street, New York City until twelve o'clock noon, November 18, 1918, sealed proposals for the sale to it of bonds sescured by said Mortgage sufficient in amount to exhaust such funds, at the lowest prices at which said bonds may be offered for sale, but at a price, if so purchased, not to exceed the par value of the principal of said bonds with accrued interest and two and one-half per cent. (2$1/4$%) premium upon the amount of said principal. Accepted bonds should be delivered on November 25, 1918, accompanied by Federal Income Tax Ownership Certificates for amount of accrued interest, on which date payment will be made.

Such proposals must state the number and aggregate principal amount of the bond offered for sale and the price at which such bonds are so offered, and must be signed by the holder thereof, and state his address.

Dated at New York, this 6th day of November, 1918.

BANKERS TRUST COMPANY, By H. F. WILBON. Jr., Vice President.

 

Notice of Special Meeting of Stockholders, Cleveland, Ohio, October 25, 1918.

To the Stockholders:

Inasmuch as the President of the United States has by proclamation dated December 26, 1917, taken over the possession, use, control and operation of the transportation systems and appurtenances thereof, owned or controlled, directly or indirectly, by the New York, Chicago and St. Louis Railroad Company, effective December 28, 1917, and had been authorized to agree with the carriers as to compensation for the property so taken over and other pertinent matters, by act of Congress entitled "An Act to provide for the operation of transportation systems while under Federal control, for the just compensation of their owners and for other purposes," approved March 21, 1918:

Notice is hereby given to the stockholders of The New York, Chicago and St. Louis Railroad Company that a special meeting of stockholders has been called and will be held at the office of the Company, seventh Floor Marshall Building, Cleveland, Ohio, on Tuesday, the 26th day of November, 1918, at nine clock a.m., to consider the expediency of ratifying a certain agreement with the Director General of Railroads relating to operation, compensation and other matters connected with or growing out of the taking over by the President of the Company's railroad and system of transportation, and any other business that properly may come before the meeting, and in the event of the approval of such agreement, to authorize the Board of Directors of the Company to execute or cause to be executed with the President of the United States or the Director General of Railroads, or such other person as the President may direct, and to deliver the said contract relating to the compensation to be paid for the possession, use and control of the railroad and system of transportation and appurtenances thereof of this Company and relating to the operation, maintenance and return thereof, and to any other matter connected with or growing out of the taking over by the President of said properties, and to alter, amend or add to such contract, to collect the aggregate compensation to be paid under such contract, and in case the said Board of Directors have entered into such contract, to ratify and confirm their action so doing, and to authorize the Board of Directors to take such other and further action as it may deem necessary to secure adequate compensation, proper maintenance and a timely return of the property so taken over.

W. D. TURNER, Secretary, The New York, Chicago & St. Louis Railroad Company.

The Annual Meeting of the Shareholders of the Manhattan Railway Company will be held at the Company's office, No. 165 Broadway, Manhattan Borough, New York City, on Wednesday, November 18th, 1918, at 12 o'clock noon.

A Board of Directors for the ensuing year is to be elected and three Inspectors of Election.

The transfer books will not close.

EDGAR L. MARSTON, President. D. W. McWILLIAMS, Secretary.

NOTICE TO STOCKHOLDERS:

The annual meeting of the stockholders of the BARAHONA COMPANY, INC., will be held at the office of the Company, No. 129 Front Street, City of New York, on Tuesday, the 19th day of November, 1918, at 3:00 o'clock in the afternoon, for the purpose of electing Directors for the ensuing year and the transaction of such other business as may properly come before it.

Yours very truly, HOWARD J. PULLUM, Assistant Treasurer. Dated, November 1, 1918

NOTICE IS HEREBY GIVEN THAT THE Annual Meeting of the Stockholders of the Harperley Hall Company will be held at the office of the Company, No. 1 West 64th Street, Borough of Manhattan, City, and State of New York, on the 16th day of November, 1918, at 8:30 o'clock P.M., for the purpose of electing nine (9) directors for the ensuing year and for the transaction of such other business as may properly come before said meeting. The polls will remain open 30 minutes.

LOUDON CHARLTON, Vice-President. EDGAR G. GTGER, Secretary.

 

at the close of business on the last day of November, 1918:




 * Daniel Bough
 * Rodman E. Griscom
 * W. Frederick Snyder
 * Robert Toland
 * Wm. Newbold Ely
 * John Gribbel
 * Francis B. Reeves, Jr.
 * Wm. W. Frasier, Jr.
 * George D. Rosengarten
 * Joseph Wayne, Jr.
 * Evan Randolph
 * Morris R. Bockius
 * Arthur V. Morten
 * William Jay Turner
 * A. J. County
 * Wm. P. Barbe
 * Walter S. Thomson


 * John Aitken
 * H. Blanchard Dominick
 * Thomas A. Howell
 * F. Colt Johnson
 * Edward H. Peaslea
 * Dwight S. Richardson
 * Percy A. Rockefeller
 * William A. Simonson
 * Louis M. Starr
 * James A. Stillman
 * Percy S. Straus

 

PROPOSALS FOR INSTRUMENT REPAIR shop equipment, staybolt iron, nuts, pipe vises, stopcock boxes, tape, hinges, thimbles, grease pans, fire brick, foundry brushes, micanite tubing, rubber bushings, paper fasteners, ultramarine blue, supplies for water purification plants, and magnesia boiler lagging.—Sealed proposals will be received at the office of the General Purchasing Officer, The Panama Canal, Washington, D. C., until 10:30 o'clock A. M., November 25, 1918, at which time they will be opened in public, for furnishing the above-mentioned articles. Blanks and information relating to this circular (1240) may be obtained from this Office or the offices of the Assistant Purchasing Agents, 24 State Street, New York City; 606 Common Street, New Orleans, La.; and Fort Mason, San Francisco, Cali; also from the United States Engineer offices in the principal cities throughout the United States.—A. L. Flint, General Purchasing Officer.

<section end="Proposals" /> <section begin="Dividends" />

A dividend of $1.00 (4%) on the common stock has been declared this day, payable December 2, 1918, to Common stockholders of record at the close of business November 14, 1918.

JAMES L ASHLEY, Sec'y & Treas. November 4, 1918.

St. Louis, Mo., November 1. 1918.

The Board of Directors of the Brown Shoe Company, Inc., at meeting held today Heclared a dividend of $1.50 per share upon he Common Stock of this Company, payable December 1st, 1918, to common stockholders record at the close of business November 20th, 1918.

WM. KRAIL, Secretary.

The Board of Directors of The American Cotton Oil Company, on November 7, 1918, declared a semi-annual dividend of three per cent. upon the Preferred Stock, and a quarterly dividend of one per cent. upon the Common Stock of the Company, both payable December 2, 1918, at the Banking House of Winslow, Lanier & Co., 59 Cedar St., New York City.

The Stock Transfer Books will be closed on November 14, 1918, at 3 P. M., and will remain closed until December 6, 1918, at 10 A. M.

RANDOLPH CATLIN, Secretary.

<section end="Dividends" />