davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
|. & N. DOING WELL
Substantial Increase in Net,
with $5,360,0O0 Surplus.

The Louisville & Nashville Railroad
Company. in It's report for the fiscal year
ended June 80 last, shows substantial
gains in gross and net earnings and q
surplus about 100000 larger than tina,
earned in the preceding year Operating
revenue was sJ62l1.75S. against s53, 993. al
for the year ended June 60 1911. an In
crease OF R,2lS,0F; operating expenses
were s3s,626,S27, an increase Of s1.1I6, 504
and net operating revenue was si6,5S5, 46l
an increase OF sl,07l,5 i3. Deducting from
the total net income OF sl6.517,2s2 the
taxes. sl.sji,6si and adding "other In
come" s2,436,95S, the total income was ST.
1851.
Deducting from total income the inter-
est. rental and sinking fund charges
amounting TO ss,S59,l9s. and the South a.
North Alabama Railroad Company's s639.
ISL surplus which was included In the
earnings, balance for dividends re-
manned of s9,56O.772, equivalent to 1873 per
cent earned on the outstanding stock. and
comparing with the preceding years bal
ance OF ;S,555.S32. Dividend requirements
year of sj,36)0oo, an increase OF 81. Oo5. 439
The total surplus was s36,s7i,725, and
after adjustment Of credits and debts the
final profit and loss surplus as of June 80
stood at s37, 42O.573 an increase Of s., s0s $50.
Expenditures for additions and better
ments to road, charged to property invest
ment, were A,8l9,5ss, against 81 365, 1892 in
the DrecediDg wear and net additions n nd
betterments to equipment, charged to
property investment. amounted to 1861,
100 The balance sheet as Of June 80
shows cash on hand 81 .0s5,s6l. or A,112,-
3s less than n year previously; deferred
debit items, s9,292,662, an increase OF 81
227sl2, and total assets and liabilities OF
s2S4, l3i, 226
The stockholders of the company at
their annual meeting yesterday approved
the proposed increase In the capital stock
from 100000 TO s72,OcO0oo and reelected
the OIltpOiny dfroctorg
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
M'CRUM-H PLAN
Stock of Successor Company To
Be in Five Year Voting Trust.

The pan Of reorganization OF the NC
Crum- Howell Company, which was made
public yesterday, was substantially out
lined In The Tribune on September Is.
The new company. which will be formed
TO succeed the McCrum-Howell Company,
will have s1,575,0oo per cent cumulative
preferred and $4,000 common stock. the
preferred to be redeemable at any time at
10 and accrued dividends, and all Of the
stock OF both classes, except directors
qualifying shares will be placed In a vot-
ing trust for five years.
The present company has S,50,0W each
OF preferred and common stock. and Is
Indebted upon open accounts for mer-
chandise notes, Endorsements and guar
antees in the amount of $4,000.
To provide for the expenses OF the re-
organization, including the recelvership,
and TO supply additional working capital
an assessment OF SIS a share is to be
levied upon the preferred stock and sS a
share on the common, which will provide
$40, 900 cash.
The creditors are 10 receive 20 per cent
OF the face value OF their claims, or woe,
UUU, new v" -
cent. or s2,275, 200, In new common. TIE
stockholders participating, or the under
writer's, are to receive the remain. nS
sS75.000 each Of preferred and common
on payment Of the assessments, one share
of new preferred being given for eacn
six shares OF present preferred, with one
share Of new common as a bonus, and one
share each Of new preferred and common
being given for each twelve shares ot
present common stock
The reorganization committee will So
lect the first board Of directors OF TIE
new company, which will include William
w. Potter. s. Fl. Miller, Frederick L..
Allen. +. II. Moore and F. V. Bartlett.
Mr.. Moore will under certain conditions
become the president. None OF the III
rectors or executive officers Of the old
company will be connected with the man
agement Of the successor corporation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
TACKL|NG DUMMIES OUT HARVARD TEAM ERRATC
Yale Coaches Go Back a Step
in Development of Team.

New Haven. Conn, oct 2-The Yale
football coaches sent the varsity team
through a stiff scrimmage Of thirty min
utes in secret to-day. which Howe ex-
pressed as bum"
When the gates opened the scrimmase
had lust ended. and the men plainly
showed the effects OF their hard WORK.
The VARSITY scored two TOUCHDOWN ooth
az the result OF blocked kicks, and Que
more TO poor work by the scrub centre
than 70 any particular alertness on the
mart of the regulars. There were no long
runs or gains. steady plugging at Tue
line being the rule and short gains inc
result.
The poor tackling shown BY Yale IN
the early games Influenced the coacnes
10 resurrect the dummies, and all OF the
backs had q long turn at this Work ana
falling on the ball.
Sheldon WAS at an end for the varsity
I'm Mace OF Gallauer who rested after
hard day yesterday. while Mcneil was
centre. In place of Ketcham' boiheis-
Ier'g shoulder is still stiff, and he only
took light work about the field CAPITA n
sralding also was kept out of the scriih-
mage.
McIeish, who showed up strongly at
centre until threatened with appendi-
cjtis. reappeared on the field to-day In
citizens clothes, and Arnold. another
appendicitis victim, is expected IN an
other week. Arnold. II In condition.
stands fair chance of being regular
guard and strengthening one Of Yales
weak places.
Walter Camp was at the field for the
first time since the season opened ana
he followed all of the work closely
Lefty" Flynn did not report.
The varsity lineup had Sheldon ana
Avery, ends; Warren and Talbot
tackles: York and Cooney. guards;
Ketcham, centre, and Castles. Madden
and Markle in the backfeld. Cornish
started at quarter. Cornell succeeding
him. and LOTUS had charge OF the
scrub.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
SPECIAL SUGAR ACCOUNTS
Havemeyer Got 100000 in
Pennsylvania Deal.

The governments suit to dissolve the
American Sugar Refining Company was
continued yesterday In the Federal Build
ing, with W. Edward Foster, controller
Of the company. who has been a witness
for the last two days, still on the stand
Once more Mr.. Foster produced private
ledgers /. 2 and 9, unlocking each one
with key which he carried with him.
Mr.. Knapp. Assistant United States
Attorney. tried to bring out the various
stock transactions OF the company and
rs subsidiaries. but Mr.. Foster said that
only few OF these showed on the hooks
and that he was unable TO say offhand
just what the transactions were.
The books OF the American Sugar Re-
fining Company Of New Jersey showed
a loan. OF sl.2500Oo to Gustav E. Kissel
during the year 1903, and according to the
witness, was made on'y as matter OF
convenience, the money going for the
use OF the American Sugar Refining Com
pany OF New York Mr.. Crawford, the
attorney for the sugar company here, eX-
planned that the New Jersey branch had
simply acted as bankers for the New
w ''iiAIAlAgH ~ AiAt silAt anu ~
subsidiary. the two concerns being under
the same management, and that such
transactions were common during the
stress OF business.
Mr.. Knapp then questioned the witness
as 10 the meaning OF special expense
accounts which showed on the private
ledgers. and the witness said that this
represented fees for legal services which
could not he charged TO a department.
The governments attorney then asked
Mr.. Foster n there was an entry In that
account under date OF September II, 1894
showing that 10000 had been paid 70
II. o. Bavemeyer for services rendered
In the purchase of the Pennsylvania
Sugar Refining Company. This item was
found under the head Of cash disburse-
ments" In private ledger No. 1, In Sep
TENDER 1884,
The witness then started TO take up the
transactions Of the American Sugar Rein
ing Company and the beet sugar In
, terests," when adjournment was taken.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
Goes Back in Work as en-
pared with Play on Tuesday.
IA Tcle~rao' to The Tribune.

Cambridge, Mass, oct 2 49, The Har-
va & Naisity id not keep up It's good
work OF yesterday In the scrimmsge this
afternoon. Only two touchdowns could
be scored against the scrubs. and there
was almost an hours interval between
them. Moreover. the varsity was cha
grined by having It's own goal line crossed
by the second team. although there was
some balm In the fact that the scoring
was done by Bud" Smith the old var
sty end. who Is now coachlng
Smith, playing with the sNub team,
broke through on a punt made near the
varsity goal line, and blocking the ball
fell on IL for n touchdown
The teams had been out only Few min
utes when Hardwick made one run Of
forty yards and another OF fifty yards
for a touchdown. There was no more
scoring for the varsity until the last play
before the regulars were ordered back 10
the locker building. HOLSTER. the left
end. secured the ball at mldneld on "A
tumble and ran to the scrub 25-yard line,
from where line plays carried the BAH the
remainder Of the distance
Trumbull, who has been playing centre,
was used at right guard In Driscoll's
place and appeared promising. Cleary,
at left tackle, also showed aggre sive-
ness and did some fast breaking through.
Besides Bud" Smith, three other
coaches-Gil Browne and the Withing-
ton boys-got into the scrimmage. Paul
Wilmington having to play centre. az all
the varsity backs left the field early.
Harry Gardner spent mot of the nf-
ternoon coaching the freshmen. and did
not work until after tho pra, tice. when
he spent half an hour catching long
hich punts that Percy Haughton sent
down the field for ffty-fve and sixty
yards. FELTON, and OBrien are falling
on in their work at the ends. and Hol-
lister, who will be eligible on November
!, and Smith are now playing the best
game on the ends OF the line.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
WILL NOT LIST CITY BONDS
Stock Exchange Follows Policy
of Last Year.

The New York Stock Exchange has
stricken from the list the city OF New
York temporary receipts for ~ per cent
corporate stock. due March l. 1862 In
this action regarding the S5,0oO,oo0 city
bond issue, offered on May 7. the ock
Exchange has followed the policy adopted
by II In 1871 IN the case OF the last pre-
ceding Issue, 10000 900. offered on January
"a, 1911. The certificates In both instanc $
were engraved and printed by the New
York Bank Note Company, the work OF
which is not accepted by the exchange;
and accordingly The exchange. while per-
hitting It's members to trade In the m
porary receipts. has Cancelled that pr
mission by striking the receipts firm the
list when the dehnitive bonds have ap-
reared. for which the Stock Exchange de-
clines to furnish n market.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
ANN ARBoR'S YEAR.

The Ann Arbor Railroad Company re-
ports for the fiscal year ended June W
last operating revenue. 2,l2oSSo' against
81 1894. 90, an Increase OF Nso.7S9; operating
expenses and taxes. H,594.s6S. against H.
AZ. $50: Increase s1l3.575. and operating in
come. ss25. 49, an Increase OF F2.ls4. The
gross income was s576,656, after deducting
from which the interest. rental and other
charges OF $3s6372. surplus for the year
remained of ylS0.2sI. equal TO IS per cent
earned on the outstanding stock and COM
parlng with the 1853, AS surplus of the pre-
cedIng year. The balance sheet as OF
June 30 shows assets and liabilities OF
ssl76s7l. The increase In operating ex-
penses was due chiefly to the unusually
severe weather Of last winter.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
BANKS GAIN IN LOANS
Show Advance of SS7,Ooo,ooo,
but Lose in Cash.

Washington, Oct ALL national banks
in the United States. reporting their con-
ditioi on September 1. as compared with
June IA. show a gain Of ,s7,ooocoo In loans
and discounts, losses Of s5o.G00@ In cash
and gains CT $S.coo.ooo in individual de-
posits Gains In all three Items are shown
over the report of year ago.
Boston shows gain of S,o7,3i6 70 In
loans, but losses in cash Of si.olS,o@ 10.
and in deposits Of .l5,lsl, 40 q. Banks in
New York City show losses In all three
items. as follows: Loans, sS.l7o.13l =;
cash, Ss5. 33O.sll SO; deposits. Ss7S3ISi5h.
The reserve city banks in the Southern
states show gains In loans OF SO 26o,S 34 81.
but losses in cash OF s766,ceo IS. and In de-
posts OF 81, 4S9,555 81. Chicago banks show
losses IN loans of sl2,n7,OO q, in cash OF
s.O35, 555 "a, and gain in deposits Of
S,O7S,sls3l. st. Louis banks show losses
Al, loans OF $500. 4l3 SO. In cash Of sSe?~
Os3 IS, and gain In deposits OF sioo.22s IL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
Quakers' Victory One Long
March Up and Down Field

when he cut cleanly through a big hole
in Franklin and Marshall's line and
sprinted fifty yards for the touchdown
The fourth score was secured by taking
the ball from midhe'd in seven plays.
The final touchdown was made when sub
stitutes occupied most Of the places The
ball was secured on the visitors goal line
on an intercepted forward pass, rushed TO
the S-yard line In two plays and Young
made the score when he caught for
ward pass over the goal line.
Franklin and Marshall most scored
when Jones tried field goal from tho
SO-yard line, 1t missed only by inches.
The visitors made Il number of first downs
and had the Quakcrs worried several
times by their successful use OF the for
ward pass.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
GLIDDEN AUTO TOUR OFF
Date of Starting Too Near
Election to Draw Cars.

There viii be no Glidden automobile
tour this year. This announcement was
made yesterday by the national tour corn
mittee OF the American Automobile A.
aoociation. which decided to POSTPONE the
contest until some time next year
The principal reason given was tfal
many Automobiles who wanted 10 enter
the contest did not care TO be away from
their homes three weeks jus; before cleo
ton. 1t was also stated thai objections
had been made to many sections of t 9
proposed route from Detroit TO New Or
leans.
Next year an earlier date will be
chosen, and in the mean time changes
will be made In the route.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
HOPEFUL FOR SCUDELARI
Mechanician of Bruce Brown Is
Still Unconscious.

Milwaukee, Oct 2.-Tony scudeian'
nechanician for David Bruce-Brown, tn,
noted automobile driver, and who wa
seriously injured in the accident on tho
Vanderbilt Cup course yesterday, which
ended in the death OF Bruce Brown. is re.
ported at a local hospital to-day to be
sun unconscious.
Physicians say Scudelari probably Will
not regain consciousness for thirty-six
hours or longer. following the trepan-
ming and operation. but are hopeful for his
ultimate recovery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
U. s. FINISHING COMPANY.

The United States Finishing Compan,
reports for the fiscal year ended June 80
last gross receipts OF st,e2s,34I. a de
crease Of sSI 1885. as compared with the
preceding years figures; cost OF produc-
ton y3,55s,523. increase s2t,3o2. and net
earnings s1,06e.s1s. decrease Ss3s927
Total income was sl.243.iss. Deductins
ssl1,7ss for maintenance and general ex-
penses and s3s2,500 for fixed charges and
the preferred dividend, balance re-
manned of 1885,. and after payment Of
$4,000 In dividends or. tho common
stock the deficit for the year was SILL
LAG. comparing with a surplus or s6s.2ss
for the preceding year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
STOCK EXCHANGE EXPELS DOW
District Attorney to Investigate Fail
nre of Boston Broker.

Boston, oct. 2.-Stephen r. Dow, OF
Stephen r. Dow & Co., brokers' who
failed last week, was expelled from the
Boston Stock Exchange to-day Creditors
of the firm say that Dow borrowed al
most 10000 from copper companies IN
which he was interested.
District Attorney Pelletier has an
nounced his intention Of having the grand
Jury investigate the failure.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
MORE c. P. r. STOCK
Directors Ask Authority
Make It S240,000,000.

Montreal, Oct. 1.-The directors Of the
Canadian Pacific Railway, at their annual
meeting to-day. asked for authority tc
increase the ordinary capita stock by ar
amount not exceeding $e0,0oo.0o0. Tho
capita! now stands at $lsO.O00,oOo. The
necessary sanction from the Canadian
government has been asked.
Sir Thomas Shaughnessey. the presi'
dent. said that the 100000 would be
issued at ITS, and that $33,O00,ooo would
be used TO retire per cent bonds. by
which the company would be able TO re-
duce liked charges s2,400.00O year. The
first call is TO be made early In January
next and the remainder OF the stock Is
sued during the year. The directors ane
officers were reelected.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

Referee-Mr Croii. OF Swsrthmore. Umpire
Mr.. Murphy. Of Brown. Head linesman-Mr
HOPKINS Of Haverford. Time Of perioc s--Ten
/ minutes Touchdo.ns-Pendeton ~, Dewitt
IT, Baker. Goals from tcuchdo~ns- il"ton
49, Baker 81 Substitutes. y. Baker Tor
Emmons. 4. Trenkman for Dewitt. STREET. for
Pendleton Swart for Shenk, Waller for Wight,
Doolittle for II. Baker Longstreth for Lowe,
Lowe for Logan. Simm for Hubbell. Hen
DIR ckson for STREET Havand for Dewitt, Gay
for H. Rockafel.r. Tiilman for Follansoee
, pnhertson for Todd
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
HARVARD CREW GET PRACTICE

Cambridge, Mass. Oct. 2.-Harvard
oarsmen we're called out to-day for fall
practice. thlrty-one men responding.
Three crews were made up. the first I'm
Guiding the veterans Reynolds. Gooda1e.
Mills and Abeles tcoxswain). Tirnie. Cf
last years freshmen crew. was at stroke.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

Dividends have been declared as fol-
lows:
Brooklyn City Railroad company-Regular
quarterly > per cent payable October ID
J. @. White & Co.-Regu ar quarterly IL per
cent on the preferred, payable November l.
Interns ,ional steam Pump Company-Regu,-
larl quarterly III per cent on the preferred
payable November l.
American Light and Traction Cornpsny-Res,
uiar quarterly IL per cent on the 2. eierreo
and ~, per cent on the common, and also q
common stock dividend OF pa per cent In COM
mon stock all payable November !.
Public Service Company OF Northern Illinois
Regular quarterly III per cent on the pre-
ferred ard ! per cent on the common. beth
payable November l.
General Gas and Electric Company-ouar--
Sierra Pacific Electric Company-Resular
quarterly lII per cent on the preferred. payao'e
Pay-as-You-E Enter OBSERVATION-DISCLOSURES quar-
terry "a. per cent on the preferred. payable
Railway storage Battery Car COMPANY
Initial "a per cent on the preferred. payable
october ..
Horace T.. Andrews has been elected a
director OF the Westinghouse Air Brake
Company succeeding II. z. Smith.
The Distillers Securities Cooperation re-
ports for the fiscal year ended June 80
last n surplus OF S527,isl over charges.
against t957.62i for the preceding year, and
a deficit after dividends OF slG0Ea4 against
the 1911 surplus Of s269,7Z.
w. II. Nichols. president OF the Nichols
Copper Company, has been elected presi-
dent OF the CRANKY Consolidated Mining,
Smelling and Power Company, as sue
cessor to George NJ. Luther. who IS re-
firing because Of ill-health.
Frank s. Withertee has resigned as a
dlrec Tor OF the Chatham and Phenix Ma
tional Bank, OF this city. and the Citizens
Central National Bank, OF Port Henry.
n. Y. in order TO qualify as a Republican
Presidential elector
Beividere Brooks, jr., has become asso-
ciated with the bond house OF Lawrence
Barnum & Co.
Heidelbach. Ickelheimer & Co. yester-
day engaged $4,000 gold for import,
bringing their total to $3.50 coo and max
ing the aggregate amount of the gold en-
gagements on the current movement S.
10000.
A syndicate composed Of the Guaranty
Trust Company. Sire ng, Sturgis & Co.
Redmond g. Co. and Kean. Taylor & Co
have purchased from the receiver OF the
Second Avenue Railroad Company S3,lio,-
600 of a total authorized issue OF $,20o,oo
one-year S per cent receivers certificates
Public Offering will be made to-day.
There was deposited ut the Sub-Treas-
ury for transfer to New Orleans $4,000
making the total on the movement $4,000
All OF the sugar refining companies have
lowered their price on standard granu-
lated sugar ten points to Ave cents to
a pound.
The foreclosure sale OF the Detroit. To-
iedo & Ironton Railway, which was set
for October 8, has been postponed until
January .. This Is the fourth postpone
ment, and Is due 10 the inability of the
protective committee to agree upon a
reorganization plan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

Touchdowns- Minds. Harrington 90, Mercer
Young Goals from touchdown-N Minds az.
substitutionr: Penusy lySnia--Cranc for jour
neay. Grifth for MacNaughtou. Relleher Tor
Mccall Lewis for Green, Dillon for Torrey'
Koons for yourdei Chandler for Marshall.
Cyaig for Mercer Franklin and Maj shall
Moore for Smith. Herman for Jones. Referee
o. Gcdchar'es Iafay ette. Umpire e. Tller.
Princeton Linfsmau Weymouth. Yale. Time
Periods % minutes each.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
ITEMS OF THE STREET.

Foreign houses were heavy sellers OF
stocks In this market. the total sales be-
Ing estimated as high as 75 90 shares.
They were buyers later In the session, but
on a much smaller scale.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

suostitutes--Bro~n. Hazard for Goldberg.
Murphy for Kratz. Metcalf FOR Gardner Cob
Hunt for Pendergaet. Merrill for Lowney.
Goal from observation-disclosures: Umpire
Dsvis OF Wexleyan Referee-Marshall. OF
Harvard Head Whittemore, OF
Brown. Tlrne-Quarters OF 10 minutes each
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
TEAM RETURNS MEDALS.

AT meeting OF the registration COM
mittee. OF the Metropolitan Association,
held at the Dominican Eyceum last night,
the Pastime Athletic Club relay team,
which won second in the race at the
New York Athletic Club games last Sat
urday. was ordered 10 return Its medals,
as one of the quartet was ineligible
Charles II. Kloer. who is member OF
the list Regiment, the offending athlete.
appeared In person and returned the
medal.
Thomas Heally. OF the Trinity Club. OF
Brooklyn. was suspended for three months
He competed In the three-miie run al
A.. "a D,
and after the referee had demanded that
he leave the race, he refused to do so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

The foreclosure sale Of the Detroit, To-
ledo & Ironton Railway, which was set
for october 8, has been postponed until
January .. This Is the fourth postpone
ment, and Is due 10 the inability of the
protective committee to agree upon a
reorganization plan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
LET us 90 THE WALKING.

CensvI. The Tribure's Room and
Bead Register. A eondsnssd 'iss o.
furnished reoms.--Advt.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

All OF the sugar refining companies have
lowered their price on standard granu-
lated sugar ten points to Ave cents to
pound.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03

Heidelbach. Ickelheimer & Co. yester-
day engaged $4,000 gold for import,
bringing their total to sl,25oooo and max
ing the aggregate amount of the gold en-
gagements on the current movement s.
10000.