limit, ( leurliiit"
JidiiK (lecirlngs In the Important Ea -
tern centers showed fvthtr MPM'lon
In ili?- week ended with yesterday. ii
tlir western and southern centers, with
one exception. l>etrolt, they weie
smaller, Clearings In Xew York in
creased 10.4 per cent.; in Boston T.(i;
anil in Detroit, -1. In Pittsburgh then
\sas a drop of -8 ; In KUHt City m
of Hi.7 ami in Baltimore otic of JO.3
In all other cities decreases w<i
smaller. The total clflAltol8 of aM
clearing liotiees In tije. eountr? wer-'
t>6,54a,552,380 contrasted with $0.83.'
371.697 last week and $6,269.lift,-# I in
tin- corresponding week of last year.
\e?v sicel Mrrgrr Heporl.
Tl.e failure of negotiation* for lio
consolidation of tlie St'1*'! and Pub>
Company of America, the Yourgatown
Sheet and Tube Company and tin In
land Steel Company. according to In
formation obtained yesterday, has re
sulted in plans for n new lineup of tlie
proposed merger, which will leave nil
the Inland company. It is proposed i.y
the Steel and Tube Interest* to consoli
date wltli them the properties of '-??
Youngstown 'Sheet and Tube Company
find it is understood that meetings have
been *iold for the last week In -V-a
Yoi k for the purpose of working out a
plan for such a consolidation. Hanking
Interests Identified with the merger
first oropo-'-.l arc reticent concerning
the neu turn In the situation. They will
not admit or deny that the new plar
is being considered seriously but show
strong relui uince to discuss the matter
Pays lutilnl Dividend.
