davidaulloa/AmericanStories huggingface dataset:
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
IN THE WORLD OF FINANCE
VIRGINIA COMPANIES
PLAN FURNACE MERGER.

NEW YORK, March S0.-The local
iron market Is interested in the an
nouncement that another effort is be-
ing made to consolidate several of the
pig iron producing companies in Vir-
ginia, which will include all but one
company outside Of the Virginia Coal,
Iron and Coke Company, and have an
annual output of about $4,000 tons of
pig iron. a meeting will be held IN
this city mex week to complete ar
rangements. if all interests can be
brought together.
Among the furnaces to be included in
the merger are the Low Moor Com
pany, Goshen furnace of the Oriskany
Company, the Allegheny Company,
Buena Vista furnace, the Shenandoah
Company, and the Longdale furnace.
None of the local pig iron agencies in
this city were able 70 give any definite
information concerning the consoIida-
ton yesterday.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
THE CHICAGO MARKET.

CHICAGO, March 30.-Efforts at COW
ering by shorts of the larger kind led
to a recovery today in the price Of
wheat. The fact that cables did o
fully reflect yesterdays decline here
tended also to cause a firmer feeling.
Furthermore, signs pointed toward
greatly reduced shipments from Rus
STA and the Argentine. Some attention,
too, was given to a report that green
bugs were threatening crops in South
ern Oklahoma and North Texas. Open
ing figures were u higher to Il off. May
started at Sc to STA @S7ss the same
change from last night as the market
taken altogether. A rise of S6h fol-
lowed.
Absence of pressure let corn ascend
with wheat. Demand, however, was
not large. May opened unchanged to
u up at 47ls to 47ss, and climbed to
ATS.
Commission houses offered support
for oats. There was moderate buying
in addition on the part of a prominent
local dealer. May started a shade to
V lower at S0M to 30A@3oA, and Their
rallied to 30As.
A big trade developed in provisions.
There was much stop-loss selling at the
outset, but packers bought later. First
transactions showed a drop of 5 to 17k,
with May deliveries 15.071a to 17.17M for
pork, $50 for lard and 8.621a to 8.65 for
ribs.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
STEEL AND RAIL ORDERS
SHOW HEALTHY GAINS.
More Car Contracts May Be
Signed This Week.

CLEVELAND, o.. March 30.-The
Iron Trade Review today says: A very
satisfactory operating schedule has
been maintained by the mills through
out the month. Orders for rails sand
semi-finished steek passed for entry
on mill books, show a healthy gain
over the first two months of this year,
three Pittsburg steel companies having
operated their semf-finished steel mills
practically full time since March 1.
Shipments of tin plate in March ex-
ceeded those of any single month since
August, 1910, while shipments of tin
plate for the first quarter of this year
show a big gain oyer the corresponding
period of 1910.
Liberal specifications against o n
tracts for April and May shipment
have been received by independent tin
plate manufacturers and the leading
interest. The market on wire products
has also made a creditable showing this
month, although some of the other
lines have not been very active. While
have been specifying to the
maximum stipulated in their contracts
they are giving little attention to future
requirements, buying being limited to
v early needs.
Additional inquiries for car have
appeared and some awards likely will
be made the latter part of this week.
The Louisville and Nashville railroad
is in the market for 1000 IONS of car
material to be used in the building of
500 cars at its own shops. Plans for
two new buildings to be erected in
Pittsburg which will require upward
of $4,000 tons of steel, will be an
nounced in the very e future. The
quotation of s1.55. Pitsburg, on rail-
roal spikes will be withdrawn March
80, which represents an advance of 81
q ton.
The pig iron market is quiet but firm.
The largest transaction of the week
involves TO- 800 tons of Bessemer iron
for delivery at S~harpsville. Pa, during
the second quarter. The best grades
of foundry coke for delivery over the
next twelve months can now be had at
$40. ovens. The scrap market shows
further weakness and lower prices on
several grades are noted.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30

GOULD INTERESTS WILL
FIGHT TO CONTROL ROAD.


NEW YORK, March So.-Since the
visit to Texas Of r Lancaster VIII
Jams and others, who made a tour of
the International and Great Northern,
1t Is believed that while the receiver
ana general manager, Judge j. T.
freeman, appears to have the matter
OF reorganization well in hand. 1t is
not impossible that Mr.. Williams and
his party of third mortgage bondhold-
ers have been enlisted in a combine by
the Goulds that will make a big fight
to retain control Of the road. 1t is adj
mitted by Mr.. Williams that he made
an inspection in the interest of Balti-
more banking interests which contem-
plate furnishing money for reorganiza-
ton purposes and improvements after
the road is sold on May Is.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
MARKET CLOSES
STRONG WITH ERIE
THE LEADING STOCK
Demands for Bonds Cause Buoy
ancy and Maintain
Prices.

NEW YORK; March 30.-Canadian
Pacific lost 1h OF its recent gain at the
opening Of the market today, but al
lied properties, Minneapolis, st. Paul
n Sault Ste. Marie, Wisconsin Cen
trail n Duluth, South Shore and At
lantic were firm at higher prices. South
ern Railway preferred lost a point and
National Railways of Mexico second
preferred V. The general list was ir-
regular.
II a. m.--After soma hesitation the
market s%tiffened, although the Inn
provement In the standard stocks was
small, outside of Erie common and first
pref erred. which gained nearly a point.
The secondary issues in the Canadian
group made further gains, Minneapolis,
st. Paul and Sault Ste. Marie rising pa
above yesterdays close. Duluth. South
Shore and Atlantic preferred 2 and
Wisconsin Central ia. Canadian Pa
cif1c rallied a point. but went on again
to its low level. and pulled down the
market slightly with it. Associated Oil
gained 2as.
Noon-The trend of prices was down
ward during the morning, and the
market failed to respond to the bidding
up of special stocks such as Erie and
issues in the Canadian our Reduc-
lions of the short interest by the vigor-
GUS upward movement of the early part
of the week deprived the market of a
source of strength. Professionals took
advantage of this condition to put out
moderate short lines of stock. An
other factor that operated against the
bulls vas the reluctance of traders to
take on stock In view of the expecta-
ton that decisions In the antitrust
cases would be handed down at an
early date. At noon. outside of a few
manipulated issues, the market was
ruling a slight fraction below yester-
days close. Bonds were steady.
1 D. ma further spell of weakness
in Canadian Pacific sent it down to
223%, which was about 9 points below
its high figure of yesterday. Reading
and United States Steel, among others
of the active group, went down a trif1e
further. but speculation generally was
of a perfunctory character. United
States Rubber was in demand and m
proved ~.
2 p. m.-Buying orders were dis
tributed in the late afternoon and the
market advanced TO a slight fraction
above yesterdays closing. h feature
of the trading was the steady acchmu-
lation at materially higher prices OF
various s~pecialties. National Biscuit
jumped 49, to 1876, the preferred S& and
International Harvester rs.
8 D. m.-The market closed strong.
Erie achieved distinction as being the
strongelt and most active OF the Stan
dard stocks. The common n the
first and second preferred were up
about IL each, and the bonds were also
very strong. with the demand fostered
by a variety of rumors none of which
could be confirmed in official sources.
The strength of this stock had a
tonic effect on the whole list, and there
was a further rise to the best prices
Of the day, with Union Pacific gaining
a point,
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
The following quotations were fur
nisned by Eisele & King: Bid.Asked.
THE COTTON MARKET.

NEW YORK, March 30.-The cotton
market opened steady at unchanged
prices to an advance of 4 points in
sympathy with the steady showing OF
Liverpool futures and the large Eng
lish spot sales, but sentiment was
very much unsettled owing to renewed
selling of July by brokers supposed
to be working for one of the old bull
leaders, and while these offerings were
largely taken by leading spot people,
it looked as though the purchases were
against sales of May. May shorts were
buyers. and there was some support
from Liverpool, but prices gradually
eased off under the aggressive offerings
of the summer month. and the market
during the middle of the morning ruled
about l to 2 points net lower on old
crop positions. New crop months were
again relatively steady in spite of ia
vorable weather reports.
Stop-loss orders were reached later
in the forenoon. and crop positions sold
IL to l3 points net lower under contin-
ued liquidation and bear pressure, the
bulk of which was directed against
July cotton. Around 14.24 for May l
and 1897 for July. covering became
more active and prices rallied from the
being about 6 to I points under
the closing figures of last night at
midday. The new crop eased off to a
net loss of 4Q6 points in sympathy
with the old crop weakness, but recov-
cred 3 or 4 points of the loss on r
rally.
The market was less active during
the afternoon and steadier on owe
ing by early sellers. reports that the
recent cut in the price of cotton goods
had stimulated demand, and claims of
better demand for spot cotton in the
South. Prices rallied to within two or
three points of last nights closing fig
ures in consequence, but the tone of
the market was still rather ervou and
unsettled.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
COMMITTEE IN FAVOR OF
ELEVENTH AVENUE SUBWAY

NEW YORK, March 30.-The Board
of Estimates committee appointed to
recommend a feasible plan for the To-
ing away with the railroad tracks on
Eleventh avenue will probably submit
It's report at the meeting of the board
today.
The report will suggest the carrying
of the present tracks from Thirtieth
street to Sixtieth street. through a sub
way and the elevation of the tracks
above the roadway south of Thirtieth
street. The committee will also urge
the building of a large freight terminal
in the n~eighborhood of Thirtieth street.
1t is suggested that part Of the cost of
tuilding this terminal shall be borne
by the railroads having access to it.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
REJECT
HOUSTON OIL PLAN.

NEW YORK. March sO.-The board
of directors of the Houston Oil Com
pany has rejected the financing plan
offered by the special committee APP
pointed some months ago by h board.
A new plan. it is understood, is in
preparation, and will be submitted to
the board as soon as it can be COM
pleted.
The rejected plan provided for the is
sue of new preferred stock in place OF
the outstanding preferred shares, and
the sale of debenture bonds to pay up
the accumulated dividends on h pre-
ferred; these unpaid dividends aggre-
gate about $4,000, 900. Bonds to provide
working capital also were to have been
issued.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
THE PROVISION MARKET.

NEW YORK. March 3O.-Flour-Quiet
and barely steady.
Wheat-Forecast for smaller Argen-
tine shipments his week, bullish pri-
vate reports from parts of Kansas, cov-
ering of shorts and irmness north
west affected a moderate advance in
wheat early. May, 93%@94 1-16.
Beef-Easy; mess, 15.50@14.00; family,
Is. OO@15.50.
Pork-Easy; mess, 81 .00@21.50.
Lard-Weak; Middle West, S.55QS.S5,
nominal.
Sugar-Raw, steady; muscovado, SO
test, 1886; centrifugal. So test, 1856. Mo-
lasses, SO test, 3.11; refined, steady.
Petroleun-Steady.
Spot Coffee-Quiet.
Enthusiastically.
Hay-Dull.
Poultry-Alive firm; Western chick
ems, 14@15; fowls, 17@17h; turkeys, Is.
Dressed irregular; roasting chickens,
1920; fowls, 14h@16; turkeys, 5000.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
RICE GROWERS DECLARE
RATES FAVOR NEW ORLEANS

WASHINGTON, March So.-Hayins
failed to get relief from other sources
the rice men of Houston, Tex. hava
decided to appeal to the Interstate
commission against alleged
discrimination in freight rates in favor
OF new Orleans. and which they assert
mas cost them thousands of dollars an
nuaily through the loss of business.
which they consider legitimately be-
longs to them.
Under the differential rate in effect
New Orleans has an advantage of three
cents, If the rice is billed direct to that
city from points in the rice belt.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
RAILROADS WANT PAY
FOR SWITCHING OUT CARS.

NEW YORK, March 30.-At the pres
ent time Western roads make no
charge for switching out cars at inter-
mediate stations that are to be held
for storage purposes. 1t is proposed to
require the payment of two cents per
100 pounds, and the proposition is to
be- discussed at a joint conference of
shippers and carriers, as they material
ly differ as to the value of the service
and the advantage of storage in transit.
Switching alone is often done for
$l.5O or 81 per car and for partial un-
loading cars are held up at an expense
of So to SIS per car. At the price now
talked of the cost would approximate
50 per car, which is considered rather
steep.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
CONTRACTS FILED.

These contracts were filed in the
county clerks office today:
A. Abramson, general contractor,
with L. McSulla, sub-contractor,
plumbing, $500; 1853 Barclay street.
r. Watson. owner, with Connors &,
Fifth. contractors, mason work, So, 275;
Cleveland street, Orange. Same owner
with H. McElnea, contractor, carpenter
work, s4,225; same premises.
Susan Mclaughlin. owner. with Nc
Laughlin Company, contractor, all
work, $s,400; 915, 916, 917 and 91S Frank
lin avenue, Hiltonia, Hilton.
Annie Gruhn, owner, with L.. Hecht,
contractor, painting and vanishing,
$135: Franklin terrace, I%rvington. Same
owner with A. Dilts & Son, contractors,
carpenter work, 81 ,620; same premises.
Same. owner with S. Miller, contractor,
plumbing, timing and heating, $555;
same premises.
J.. Frankel e. Son, owners, with s..
lblick, contractor, carpenter work,
$500; Peshine avenue. Same owners
with Schulman & Kaplowitz, con-
tractors, mason work, $3.50; same
premises.
S. Piekarski, owner, with A. Sipple,
contractor, carpenter, mason, plumb
ing n painting work, $3.50; Grove
street n fremont terrace.
j. Benker. owner, with A. Hillman.
contractor, carpenter work, $4,075;
Malvern place, Verona
&c. Hall, owner, with F. Odell, con-
tractor. painting, $3.50; Maplewood ave-
nue., Maplewood.
]. Leaphauser, owner. with A. Hill
mann, contractor, carpenter work,
81, 400: Fairview avenue, Cedar Grove.
j. & w. Fiker, owners, with G. Poole,
contractor, mason work, $3.50; AZ, A and
IS Court street.
Day, Clark & Co., owners, with Rus
sell-Robinson Company. contractors.
all work, $13, 631; 44s Washington street.
G. Muller, owner. with E.. Willetts,
contractor. stone work, H,275; 645.647-
$40 Bergen street.
S. Starr, owner, with B. Katchen,
contractor, iron work, $500; 32S-330
Morris venue. Same owner, with Hir-
schel g. Denmark. contractors, painting
work, 5000; same premises.
G. Muller, owner. with Victor Roof
ing Company, contractors, roofing.
$155; 645-647-649 Der q, street.
J. Steele. owner with M. Fitzsimmons.
contractor. mason work, 1878; Pillalt
place. West Orange.
S. Williams, owner (trustee). with
County Construction Company, all
work, SIS. 100; Sixteenth street, East
Orange.
G. Schmidt, owner, with Liebenson
Brothers, contractors, carpenter work,
{. 1000; 1882 South Orange avenue.
G.. Scheerer, owner, with l.. Becker
Brothers, contractors. carpenter work.
81, 400; 481 Eighteenth avenue.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
SEALED
HEADQUARTERS FIRE DEPARTMENT
City Hall.

HEADQUARTERS FIRE DEPARTMENT.
City Hall.
Newark, N. j., March 80, 1911.
Sealed proposals will be received at thsGn
headquarters while the Board Of Fire Com
missiopers is in session.. during the period Of
time between 8 and $3.50 o'clock p. m on
Wednesday, April 5. 1911, and will be opened
Immediately after the expiration Of the time
fixed for receiving the aforesaid proposals. for
furnishing the department with the following
supplies, to wit: Oats, hay, bran and long
rye straw. Samples of oats to accompany
each bid).
The aforesaid supplies are TO be OF the best
quality and are TO be delivered at the quarters
of each company IN such quantities as the said
companies may need during the month.
Further information concerning these pro-
posals, as to quality and quantity, will be fur
nished upon application to the secretary of the
board.
The Board OF Fire Commissioner reserves
the right to reject any or all proposals so re-
ceived as may be deemed for the best inter-
ests of the city.
WILLIAM A. WEBER,
President.
F. W. Sullivan.
Secretary. mar3e-5t
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
NEVADA CONCENTRATOR TO
TREAT 10000 TONS DAILY.

NEW YORK, March SO.-The McGm
concentrator of the Nevada CONSOLE
dated Copper Company will go on full
time on April l, treating 10000 tons a
day, which compares with 5000 tons at
which the plant has been operating.
The monthly output of copper will be
increased to about 100000 pounds as
a consequence.
The receiving tanks of the Steptoe
Shelter now have 10000 barrels of fuel
oil stored for use. The temporary ap-
paratus at No. 4 furnace worked salts
factorily. and the five furnaces are to
be equipped with permanent oil-burn-
ing apparatus as quickly as possible.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
SOUTHERN PACIFIC
is NOT in OIL DEAL.

NEW YORK, March so.-It was
denied yesterday hat negotiations were
pending for a sale by the Southern
Pacific of the Associated Oil Company
of California. The Southern Pacific. it
was said, will sell its holdings if a fair
price is offered.
The Associated Oil is primarily a
selling company. and has nc interest in
other oil companies. owned by the
Southern Pacific. 1t is thought unlikely
that the Standard Oil Company would
AXE over Associated Oil.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
PENNSYLVANIA SHOPS
ON NEW WORKING BASIS.

ALTOONA, March S0.-The Pennsyl-
Vania railroad has issued orders for
closing OF the local railroad shops for
the remainder of the week, thus laying
OH lz,o0 men four days. Next Monday
the shops will reopen on a forty-fve-
hour a week b6sis.
Inc reason assigned for the shorten
ing OF the working time is the neces-
sity for keeping within the company,s
appropriation for the month, and to
provide against the falling off of traffic
receipts.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
MEETINGS.

NoTICE-Notice is hereby given that there will
be a meeting Of the stockholders of the New
York and Newark Bay Ship Canal Company
at its office. room 1901 Union building, in the
City Of Newark. on Thursday, the twentieth
day OF April, at IL o'clock a. m. The object
Of the meeting is the election Of directors and
such other business as may properly come be-
fore IL, and this notice is given upon q re-
quest made to the secretary by five stock
holders Of sid company to give the same by
reason OF election for said directors not having
been held on the day designated by law and
by the bylaws of said company. Polls win
be open from IL TO 2 o'clock.
Newark, N. j.. March 21st. 1911.
H. GUERIN, Secretary.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
THE LONDON MARKET.

LONDON, March 3o.-Only a limited
amount Of trading was dom in Ameri-
can securities during the first hour to-
day. A good tone prevailed, however.
and prices ruled from unchanged TO u
above yesterdays New York closing.
declined x.
Prices eased off when Wall Street
opened. but the market recovered later
AID closed steady.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
CONTRACT For ROAD.

ton of the new Quebec and Saguenay
railway is to be rushed to completion
this year. The contract was awarded
to M. J. O'Brien. of Montreal. The o
will run from ST. Joachim. Quebec. to
Murray Bay, which is about seventy
miles below Quebec. The new road win
be about forty miles long.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
raR THF o TAX.

BOSTON. March so.-The joint COM
mittee on Federal relations in exeeu
tive session yesterday voted to report
f~avorably the petition for ratification
of the amendment of the constitution
'of the United States authorizing Con-
gross to lay and collect taxes on tn
comes. l
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
NOTICES.

TO WHOM IT MAY CONCERN
Take notice. that the firm OF MogIer & DOM
orosky, butchers and grocers. Hunterdon street
and Hawthorne avenue, Newark, has this day
dissolved by mutual consent.
The business will be continued at the same
location by Henry Z. Mogler, to whom sn
accounts are to be paid. and to whom all bills
are to be presented for payment.
(Signed) HENRY e MOGLER,
ADOLPH DoMBROSKY.
Dated March "a. 1911.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
REnpENs NEW yaRK OFFICE.

NEW YORK, March 30.-The Colorado
Midland railway has decided to reopen
the New York agency, which they
closed last year and have appointed
Frank n. Dowler general freight and
passenger agent at 425 Broadway, eff
fective April 1.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
NEW lime NEAR coMpLETI0N.

NEW YORK, March s0.-According
to present plans, Union Pacific trains
viii be operating over the new line be-
tween Denver and Fort Collins within
days. The Fort Collins branch.
sixty-six miles long. will cost 81, 500, 600.
including $500, 900 for terminals. The
construction of the road is estimated
at $3.50 % per mile.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
REDUCE O RATE.

CALCUTTA. March SO.-The rate Of
discount of the Bank of Bengal was re-
duced from 5 to Z per cent. today.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30
NEW YORK STOCK EXCHANGE.

Following are the quotations of the
days prices, as furnished through
Byrne & Mcdonnell, members Of the
New York Stock Exchange:
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-03-30

WRIGHT-At East Orange, n. j.
March Is, 1911. Robert RI K, son Of
Clara r. and the late F. Henry
Wright, 109 North Walnut street.