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Show STOCK ISSUES ARE IflGREASKlG Number of Large CorporA-! CorporA-! tions Sell Treasury Hold " ings Instead of Bonds ! , K J. ! NEW TOIK. Aug. tl (By Av. F. Larra eerporatloa financing through ateck lsauea Instead ef the aaJe ef bonde was the out ; gtandlag development ef the new seceritiee market laat week. For tka third eenaeca tlve week aew bead offering established a new low level for the year, totaling only 7.T64.00. s compared wth U.744,0g th week before, and a weekly average ta dM Of slightly leas lhaa lt.0.4fl. M Following tha lead of the Illinois Centra railroad, directors ef the Chesapeake Ohio have called a apeclai meeting of eteek-heldere eteek-heldere Me pi em Iter 24 to approve aa la-ereeee la-ereeee ef 14.084,444 la the capital etecaj of the company. The America Telephone gad Telegraph eonipeny elae announced a forthcoming stock laeue of 1114,404.44 to take care of bu sine as e a pans! on. Several ether large corporations. Including1 ene ef the big HVaat-ern HVaat-ern railway systems, are reported to be contemplating additional stock financing la the near future. Bond prices continued ta gneve t hlghev ground during the week, although Kure- peso Issues were heavy under the damp-Ing damp-Ing Influence ef wee ken eg exchange ratea Local dealers report that their ahelvee are nearly empty and Investment bankers are aald to be seeking bond issues of worth witn which to meet the expected Investment demand de-mand neat month. Large Inatltutloas are In the market for round lots of high grade bonde. but the supply Is scarce. Peverai large financing pro.eete are la -. progress. Including the refinancing ef aa au' to mo bile aad a textile company, the ftnejto f-Ing f-Ing of a augar company end eva laeue ef- ' 144494,404 ie equipment trust certlflcat by a Northwestern railroad erstem. The-Penneylvanla The-Penneylvanla Tslephnne eompany also ta re- ported to be negotiating for the eale here" of e refund tag laeue ef bonde te replace the Jti 4fto 404 issue ef T per seat aetea eeld ta anuary. 1114. - - -- Wall street Is sipeetlag game heavy emment financing ebeut the middle ef nest ' month te take care of 14.44I.ft44 la treasury treas-ury certifies tee falling due September 11. together with Interest due an approntmately 11.404.444.444 certifies tee end short term notes, end Interest en the third 44 per cent Liberty bonds. Argentina probably will dispose dis-pose ef $144. 444. 404 here this fall, and some financing also is la prospect for Fere, Cuba and Ouatsmala. The principal offering ef bonds laat week wee A H.000,00 Issue of I per oent thirty-year thirty-year ferm loan bonds of the Chicago Joint , stock lend bank, which were offered t laik. to yield about 4.40 per cent- The beat largeet was au Issue of tl,0.0 4 per eent short term notes of the stete ef Tennessee, which were sold ea e I II per cent be. Ths city nf Sacramento, Cal. old aa laeue ef 1744,00 I per cent school bonds, running four te twenty-nine yesrs, which were offered (e yield 4 It te 4.40 per cent. Detroit an Id a 1104,404 per cent te-sue te-sue end Tulsa. Okie., a similar Issue of tH. The remaining, efferlaga fere fer amaU amounts. 1 CRtf ASO GEWEmAl MARKRTS. t ,' CHICAOO, Aug. tt. Petateae Steedy ntw Early Oh lee; weak en whites receipts, 1 Site Si-te re: total United Statee shipments, 711; Mlnneeota, South Dakota, sacked Early fhlea. 91. 1401. 40 cwt. ; Idaho sacked rerale. li lt cwt.; Netraske sacked cobblers, tl 4 wt. ; Wlseenetn secked cobblers, ll.44l TO wt.; New Jersey sacked cobbers, 11.449 I 00 ewu; New Jerssy sacked giants. tl.40 11.41 cwt. Butter Higher: creamery ea-i Ira a, 44 H 9 14c; firsts, logllo; extra Mr eta. )4t4c; seconds, tl42te; standards. I.ljfcc. ICggs Higher; receipts. 14,244 cases: Firsts. I4C lie j ordinary firsts, 12 4 22 Her inlecelleneous, llVllm storee pecked irsta, 24 HO 24c, Poultry-p-AHec. aneettled: 'owls, 1 1 1 c ; broilers. II He; springe, I I iirrr"f rrtwmssmsmmsutsmsmsmmsMuW'sw'M |
