davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
SILVER Bt'LLION FROM MEXICO.
Tho 20 Tons From Pious Fund Award to he
Coined Into Pesos for the Rhilipplnea.


WASHINGTON. June ?7.-Oficers Of the
Treasury Department believe that q way
has been found to check the rise in tho
price OF silver, which has been increasing
ever since the Government began the
purchase Of bullion for coinage into Philip
pine money. 1t is now proposed to Use the
money received by the State Department
from Mexico in settlement of the Pious
Fund case to supply the Treasury Depart
ment with bullion for coinage into Philip
pine pesos. and it is estimated that by the
transaction saving will be effected of
about $50 ,O0O or $4,000.
When Ambassador Clayton received the
Pious Fund award, amounting to 81, 423 900.
he placed it in bank in the City OF Mexico
and notified the State Department. An
arrange nent has now been made by which
this sum. amounting to seventy tons of
bullion. will be shipped to San Francisco
and sold by the State Department to the
Treasury Depa rtment as bullion. As the
Government has been compelled to pay
from So to 81 cents an ounce for silver and
Mexican dollars are valued at about ~
cents an ounce the difference will be 80 we'd.
At the same time saving wi be made in
the exchange amounting to nearly $50 900.
1t will cost about S. 900 to ship the bullion
to the San Francisco Mint. where It will be
converted into money for the Philippines
and from there shipped to Manila.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Army and Navy Orders.

WARRINGTON. Jun. ,7-These army orders
M.,of jams. s Petit, Inspector General. ,.s;
signed % duty temporarily as acting As.!st.ns
Contract Surgeon Oscar ". Woods. from treat.
ment at general hesp Preside of San Francisco,
to Vancouver barracks.
Lieut.. Col John ". Pullman. Deputy Quarter
master General from the Department Of tho
Missouri; 70 this city In the once Of the ousrer-
MAJOR JOIN II. Carson. Ir.. Quartz m.,.er, from
duty IN the once Of the ouarteru1a ster General OF
,he Army 10 West Point as ouartermaster and GA.
bursting ofhcer, relieving Major John B. Bell n.
gel 81 .ssnc. 70 n ety.
Kcrnck. Artillery. forty nvc days. Contract Sur.
geon r. S. Spman. one month.
These naval orders were Issued:
Lieut., !. L. Shen,eld. from the Montgomery
&. Lsu H. =. Butler. to cour,. o, instruction a,
Naval War College
Lieut.. A. crenshaw. from navy yard. Norfolk,
" Acting Xs.ls,.ns surgeon J. T. Miller, from
Acting ASSISTANT NJ sarse sS" B. es.pmsa. from
recruiting party No. TO homo and wait orders.
Pay Director l." G. Boggs. from navy yard New
YORK. TO duty As purchasing pay ofhcer At New
= Ply Director $. R, colhoun, TO navy yard. New
Pay plfse,or 4. surtis !re,,.sd,, from duty q.
Pay Inspeeto. J. A. Mudd.- to the Maine, and on
e ,ss Ke:sri q ssss n <.
.arse. 70 lone ana I'd Wit osSsM. '.0" 'a' 1
peymAstsr J. j. Heathsai. from tAs Nsiss -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
4 BLOW RESULTS IN 4 SUICIDE
Victim became Demeutetl. Called His
Siat er.in.I.aw and Gut His Throat.

George Etmann. 81 years old, Of le George
street, Williamsburg. committed suicide
yesterday by cutting his throat with
razor. He was formerly employed as
superintendent in manufacturing tailor
shop. Three months ago in a quarrel he
was struck on the head. His mind became
affected and he exhibited symptoms OF
dementia. He lost his work and his
brother put him under the care of doctor.
On Thursday night Eltmann escaped from
his house He was found early the next
morning wandering in the Brownsville
section. A Policeman arrested him for
vagrancy, but Eltmann was released in the
Gates avenue police court at the request
OF his brother, who said he would have him
placed In a sanitarium.
shortly after O'Clock yesterday morning
he called his sister n-law. who was in the
fat one with him. and then drew razor
across his throat.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
COTTON BALE 81 YEARS OLD.
Owner Swore He Would Wait for lt,.Cent
COttOn---Expects to Get II.

new ORLEANS, June 27.-The Brow n
cotton corner is brin ging a great deal Of
queer cotton to New Orleans Cotton has
become 90 valuable that the owners Of
gins are scraping the floors and have made
up several bales Of waste cotton. Perhaps
the most extraordinary bale, however
ia one that arrived here to-day from Georgia.
1t is of the crop of 1872. and Is consequently
81 years old. Its owner held out for 16
cents that year, but when the market broke
and cotton went down, he swore he would
never sell it for less than 10 cents.
Whom cotton went up to IA cents in New
Orleans he shipped it here. to be ready
for the 10 cents he pledged himself to.
with orders to his agent to sell whenever
that figure was reached. The cotton has
been stored in room for thirty-one years
and is thoroughly dried out. having lost
fifty pounds in the process of drying. FIX
perts declare the staple to be as good as
ever.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
: .JEHS PETITION 70 RUSSIA.
No Further steps VIII De Taken,N That
Country I)eclines TO Receive II.

Country Declines to Receive II.
WASHINGTON, June 27,--It was learned to-
day that should the Russian Government
decline to receive the petition Of American
Jews In regard to the Kishineff outrages.
the incident will he closed 30 far as the
Government OF the United States Ia con-
cerned
The State Department has received
no intimation from any official source
that Russia will decline to receive the Pc
tition. but It is admitted that she has q
perfect right to do 40 No information
is looked for on this, point, however.
until Russia is informed That this Govern
ment proposes to offer the petition. Asyet
the petition has not been prepared. and
1t will be some time before 1t will be ready
for consideration by the President.
When all the papers have been completed
they will be sent to the United States Embassy
in ST. Petersburg. Not ilthey are received
at the Embassy will this Government in
form Russia that 1t has petition to Offer.
Should Russia anticipate the presentation
by inquiring IL We contemplate sendirg
such petition, tho State Department will
answer in the affirmative. and this will open
the way for declaration from Russia that
she cannot receive it In the absence OF such
an inquiry our Ambassador will, upon receipt
of the petition. inform the Russian Govern
nent that he has such petition to present.
u will then be determined whether the Gar
will permit it's acceptance
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Big BUSINESS DONE IN LOANS;
LONDON GETS MONEY FOR CLOSE
OF HALF YEAR ACCOUNTS.
Easier Market Expected to FOllow-Busi-
ness IN American Securities Practically
NJ . Rtandstiil, hut an Improve.
ment Is Looked for Soon.

ment Is Looked Tor soon.
Special Caole Despatch to THE sun.
LONDON. June 27.--The expectation that
the end Of the half year would bring con-
siderable pressure caused astrong demand
for money, and many persons decided to
obtain what they needed from the Bank Of
England without further delay. A largo
business was done by the bank in loans Mt
a.: per cent, while 8 to az per cent. was
readily paid in the open market for loans
for week and 8 per cent. for advances
until Monday. The belief Is however, that
money will be cheap and abundant all of
next month.
Large withdrawals by German banks
from the Bank OF England have now re-
duced the German balances here almost
TO the AMOUNT which they always keep for
the normal conduct Of their business.
II has been noticed that the shipments OF
gold from New York to Germany continue.
Thus the latter market is receiving money
In such quantities that 1t is probable that
rates will ease OF there also as soon as the
half year term is past
The French banks have not materially
reduced the balances which they have been
employing here, while their investors con-
tinue to remit large sums for employment
in London. Moreover, Buenos Ayres ex-
change has fallen, so that it is no longer
profitable to ship gold direct from London.
Everything. indeed. points to period OF
cheaper money. About half million dollars
in coined gold is due from Australia on
Sunday. and large amount of raw gold
from the Cape to-day The latter is almost
certain to be bought for export.
A more hopeful feeling is spreading over
the stock markets. There have been large
purchases Of investment securities for
British and Continental account alike.
Many capitalists are withdra wing from the
discount market, now that rates have fallen,
and are turning their attention to the Stock
Exchange. It is thought to he exceed
ingly improbable that there will be such a
stringenoy in New York in the autumn as
to affect the European money markets.
The upward movement In railways and
industrial securities promises to follow
t-onsols and Government issues. Inter-
national securities are also rising In the
market. They are being bought mostly
for Paris, which Is becoming more and
more the great market Of the world for
foreign government securities. The British
public has been steadily Withdrawing from
this market for some years, except in re-
gard to the issues OF the Colonies.
It Is certain that as soon as the public
here makes up it's mind that the danger is
over in New York there will be large in
veetments in American securities. At
present business in these issues is almost
at standstill The disposition. however.
is to regard the market more favorably es-
pecially as subscriptions to the new issue OF
Pennsylvania stock appear to have come
In freely The rise in the price of grain and
the critical position Of the cotton market.
however, restrain purchases.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
PRESIDENT GENNERICH OFT.
Ills Resignation Nv Head OF United National
Bank Accepted.

Henry w. Genner ich resigned as presi-
dent Of the United N rational Bank at the
last meeting of the directors, held on June
49, This bank was organized in 1901. with
a capital Of Sl,OOO.OO0 Mr.. Gennerich
was elected president and had held the Office
since.
According to John Reisenweber, one
of the banks directors, the trouble arose
over certain views that Mr.. Gennerich had
as TO the methods Of handling the banks
discounts that were opposed to the opinions
ing to Mr.. ReiseNweber. -Gennerich said
that if he could not run the bank as he
thought best there was no Use Of his being
president His resignation was imme-
dately accepted.
Charles F. Holm, the vice-president.
will be acting president until the vacancy
is Allied at the next directors meeting on
July 2.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
W.,RNING TO LADOR .AGITATORS.
Gov. raft Says II viii Not BE the Dupcs
Who VIII Receive Seycrest Punishment.


WASHINGTON, June 27.--Cov. Taft hiss
ssued a warning to labor agitators in Manila
n which he ga VS. that II is not likely that
it will be the dupes and victims who will
receive the severest punishment This
warning is contained in a telegram sent
from Benguet to Dr. DominRdor Gomez,
a Manila labor agitator, who petitioned
the Philippine Commission asking that a
notorious l.drone h. permitted to sur
render with immunity from punishment,
The War Department to-day received a
copy Of Gov. Taft's reply. He says;
"Faustilto Gullermo, whom you incor-
reotly designate as a revolutionary general
is ladrone and an escaped fugitive from
justice on the charge of murder. Neither
pardon be extended. This suggestion Of
yours is Of a piece with your preposterons
request, which you announced you pro-
posed to present to me. that We grant i'm
nunity to the ladrones Of Rial and Bulacan
and give them labor or support for year
at seems proper for me to warn you that
much information is coming TO me that,
taking advantage Of the present unfortu.
uate depressed condition Of agriculture
and business, you are striving through
the Union Obrera and the Partido Ma =.
cionalista, to incite the ignorant classes Of
people to disorder by means Of deftly worded
and staged seditious and reasonable dramas
and in many other ways. and that IN the
operation Of the machinery for the, main
tenance of law and order it ia not the dupes
and victims who are likely TO receive the
severest punishment.
The Union Obrera referred to is an al
legged labor organization, which since the
sending of Gov. Taft's despatch has been
under Investigation by the police depart
lnenL Of Manila, number Of prominent
Filipinos complained to the officers in Mantle
that the organization was engaging in
politics and that it was njuring the labor
ing classes instead Of benefiting them.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
REWARD FOR GALL.ANTRY.
Lieut.. Reese Of the Philippine Scouts 10 he
Transferred to the Regular Army.

WAsHrN1IoS. June 27--Lieut. Boss
Reese of the Philippine Scouts is to be
rewarded for gel!antry in action against
the forces Of San Miguel by an appoint
ment to the Regular army. Lieut., Reese,
with a small force of men, encountered
San Miguel in a strongly fortified position
near Cornnabato. and, charging the la
drones, succeeded in capturing the place
after a severe struggle. For his galantry.
Col. Scott, In command Of the constabu-
larry. recommended to Gen. Davis that
Lieut.. Reese be ex amined for appoint
ment in the Regular army. Gen. Davis
forwarded the recommendation to the
War Department, and it received the ap-
prevail Of the Secretary OF War.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
TRUST co. CUTS STOCK IN TWO
REPUBLIC WILL WRITE OFF ITS
SHIPBtTLDING BOND ASSETS.
Report OF Account ants on the Condition
or the Company Not Presented He
cause Two Reporters Were Present
With Proxies Prom Shareholders.


With Proxies Prom Shareholders.
A. special meeting Of the stockholders
Of the Trust Company Of the Republic
held at the offices OF the company yesterday y.
a resolution reducing the capital stock Of
the company from 81 ,oOO. 900 to $500 600 was
carried without dissenting vote. Since
the last meeting. the reorganization com
mit'ee had received proxies for 60 moro
sha res, and the total holdings of the com
mittee is now 1910 shares out Of 7,ls5. and
all we're voted in support of the resolution.
According to the terms OF the resolution,
"the amount Of the capital over and above
the amount Of the reduced capital shall
not be returned to the stockholders of the
said trust company, but shall be used in
meeting any losses which said compa ny
may incur on account Of the securities of
the United States Shipbuilding Company
which it owns or holds as collateral, and in
meeting other losses. if any. which said
trust company may incur on account OF
other securities held by it at the time of said
reduction; and the balance Of said capita |
over and above the amount Of the reduced
capital shall be carried to the surplus fund
OF the trust company
Stuyvesant Fish presided at the meeting
which lasted but very few minutes. The
report of the expert accountants on tho
financial condition Of the company and
its connection with the shipbuildng com
pany was not presented.
This report has been prepared, and that
II was not presented yesterday was due
TO the discovery, after the meeting had
been called TO order. that two reporters
were present holding proxies on five shares
each. The meeting took recess, instead
Of formally adjourning. and will be con-
tinued probably on Monday or Tuesday
withou, formal notice. One stakeholder
did ask for the report yesterday but with
drew his request when the matter was
explained TO him. Nobody would discuss
the report,
The reduction Of the company's capital
has been approved by the State Banking
Superintendent and the certificates have
been signed and sent to Albany.
Vice. President Trowbrdge and others
Interested said " = ,rday that the Ship
building bonds, ' ,ich have figured as
assets Of the cor p ny, will now be with
drawn as stated u sete. and an effort will
be made to get :, mo assets out of them.
The bonds were quoted Yesterday at %.
In accordance with the State Banking
laws. the company must file a semi-annual
financial report by June 20. II was said
yesterday that this report would probably
I've made public tomorrow. Mr., Dresser
was not at the meeting.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
CONDITION or NATIONAL RANKS.
increase OF s:sS, $50, $50 In Resources.
and $50. son. OO4 in surplus IN n Year.

WASHINGTON. June 27.-The Comptroller
OF the Currency gave out statement to-day
showing the condition Of all the nationol
banks of the United States at the close OF
business on June last. On that date tho
number Of banks was 1899, as against
1886 on July i8 Of last year. The total re-
sources on June were So, 2s6, 93s ,lO6, gain
of S27s. 1So, 100 since July 10, 1902, and the
aggregate capital stock was S743,5o6 ,O4s, a
gain Of A1 ,5l5,494. The other principal
items for June Q. with the increa since
July 10 Of last y,a-, ara as follows.
Loans and discounts, 43,4l5 ,O45. ISL. in
crease sls3, lla; surplus and other profits
3542, 1873 537 increase $50, 500 .O94 circulation,
1853 ioo III, ,ncpe ae sss BIO and,y1d ,.e
United States Government deposits, $780,
1856 ,37l, increase $685. 38,357.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
pr. .,l to spend 81 .ocO. 600 on Rio Harbor

WASHINGTON, June 27.-United States
Minister Thompson at Rio cabled the State
Department to-day that the Brazilian
Government has adopted plans for extern
It is estimated that the improvements will
cost about Sl2 1000 900. and a contract for
the work has already been placed with a
British firm. The Government intends to
float loan to secure the funds for the work.
Minister Thompson tried to secure the
favorable consideration Of American con-
tractors for the work, but failed to have 1t
let to an American.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Complaint Against the Pennsylvania Rail.
road,

WARRINGTON, June 27.-The Interstate
Commerce Commission to-day received
the complaint Of the Kensineton Milling
Company Of New Kensington. Pa. against
efficient car service. unjust and unreason-
able tariff charges, unjust demurrage
charges and discrimination in many other
ways. The commission will set date
for hearing.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
New General Manager Of the Lake Shore
Lines.

BUFFALO. June 27.-Announcement was
made here this morning that General Super.
int ndent W. H. Marshall Of the Lake Shore
railroad had bcen promoted TO general
ma MS ger. with headquarters at Cleveland.
sistant General superinte nde mt H. Is. storms
has bee appointed q neral superinte nde mt
TO All the vacancy caused by Mr.. Marshall's
promotion.
These appointments. besides for the Lake
Shore. are for the Indiana. Illinois and
Iowa. the Lake Erie and Western. and the
Lake Erie, Alliance and Wheeling, which
arc leased lines Of the Lake Shore. II u
understood thst II. A. Worcester, superin-
tende Mt At Buffalo Of the Eastern division,
= TO Be- appointed assistant general superin-
tendent ~tS - -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Movements OF Naval Vessels.

WARRINGTON, June 27.-The torpedo
boat Rodgers has arrived at Norfolk from
Washington, the yacht Sy'ph at Oyster
Bav, the gunboats Hist at Portsmouth
and Eagle at ney West. The hattleship
Wisconsin has sailed from Yokot ANA for
Chefoo, the training ships Ysnkee from
League Island and Monongahela from
Newport for Hampton koaGs. lhe sub
mlrines Plunger, Porpoise and Shark have
been delivered TO the Governmental New
Suffolk, L. l.. by their builders. Y
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
FIN4NCIAL NOTES.

In bank stocks 253 shares Of Bank OF Com
merce sold at ash.
The United States Sub yesterday
Orleans.
J. g. Bache h Co. will open their Saratoga
ONCE tomorrow for the summer.
The Irving y ationnl Bank moved yesterday
into ia new building nt Chambers and Hudson
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Os,lcers Of the Marine Corps Cannot BE
Retired With Higher Rank.

WASHINGTON, June 27.The Secretary
Of the Navy received an opinion from
Attorney General Knox tina. officers Of the
marine corps cannot be retired with the
rank OF the next higher grade to that to
rendered in the case of Col. James Forney
Of the marine corps, who asked to be placed
on the retired list with the rank OF Brigadier-
General, under the provision Of the law
authorizing such retirement OF officers
IL ho M
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
DAILY TREASURY STATEMENT.

WASHINGTON. June 27.--7he statement OF the re-
celp,s aud eJ pendltlrrs o. thc Government.
Tits ray. 7h,s month Fiscal near
Receipts ,, ~ .6s3 Isl 81. pS5 5S4 S5as $40 038
Expenditures. 1.tG0O0O q. 400 600 sos $50 So
Surp,us...,.... &,23,25l slO.5s5,Ja Sap5s2. ia
rhe receipts from customs TO- day were S745, s54:
internal revenue so02 al: miscellaneous &94 1856;
national bank notes received 10 day for rcdemp.
ton, t6Sssi6.
The cash statement OF the United States Treasurer
for June n shows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
sUB-TREAsURY TRANSACTIONS.
Imports and Exports Of Specie.

The imports Of specie for the week were
s4oi,s7i. 81 which esss, go was gold, making
Exports Of specie we're: Gold. N.2ao. 47e: silver.
etss. 80 total Of ".sss, $50. against $500. sss
since Jan. ! have been: Gold, sab, 2a2, III, and
oliver, SO. 3l7. $50. a total OF eli.S4e77i.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Savings Banks.
The Bowery Savings Bank,

ITS AND $50 BoWERY.
NEW YORK. June 20. 1908.
semi annual dividend at the rate OF
THREE AND oNE-HALP PER CENT.
per annum has been declared and. will Be
credited to depositors on all sums Of 800
and upward and not exceeding 5000 which
shall have been deposited AZ least three
months on the nrst day OF July next and
vii! bo payable on and sf,er Monday. July
20, 1908.
Money deposited on or before July 10.
will draw interest from July list. 1870.
WILLIAM II. 3. WOOD. President.
HENRY a. ScHENcK. Comptroller.
WALTER COGGESHALL. Secretary.
tB-Ssnd for osr new booklet
BANKING BY NAIL"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
Imports or General Merchandise and Dry
Goods.

Imports Of dry goods and general mere handise.
as reported at the Custom House. compare a.
follows with those OF last week and the corresponding
week year ago:
THIS reek Last week. Lost ysar
D0 eoDds ,, . 81 eos S1S I.s4S.s9a 0,ioe.017
General mdse. -, s.t6.0so 7.snS,8is 7.a7o.2si
1otats ..... Si007s4i7 se.8si .st7 SO .2ts
Prom Jan I TO date they compare As follows with
last year: ... ,o.,
To4s1p ,%,,..,..,. Sooo0Skee0 an. 7m. -
80 -
6s,.rs, ~ slai3o s<sSs .ss- .,Se
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28

SITUATIONS WANTED -,lALEs. +,
ELEC- 'CIAN HELPER wishes position: ~
years e.. ;s,euce. c. FfCkES, 2s5 Fast 10th.
STRONG YOU NC MAN wants position In whole
sale house. CHkS. KANKRE, i4l Onion ST.. IN
ion HIM, IS. J.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28
BUSINESS CHANCES.

DIR. AND MRS. SCHROEDER, female speelaliss
careful. skiful. confidential treatment; absolutely
private. 2<o East 6Sth ST. -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-06-28

New York, juno 10. Ieo2
The Board Of Directors have 10 day declared
. semi annual dividend of TEN 90 PER CENT,
free Of tax. payable July I. 1905 70 stockholders
Of record OF this date.
The transfer books Will remain closed until July
O. 1908. W. N. BENNETT. Cashier.