davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
CONSOLIDATED EXCHANGE.

Stocks were IN free supply on tho Con-
solidRted stock Exchange. az rule. on
tho AFTERNOON advance. Traders were
evidently disinclined 10 believe that any
Improvement of substantial proportions
had been inaugurated. High prices Tor
such leading stocks as United states
steel kmalgsmated Copper. American
Smelling. 81 Paul. Brooklyn Rapid Tran
SIT and American Can were frsctionaily
under the high figures reached on tho
New York stock Exchange The political
outlook and the position OF tho money
market continued the main subjects OF
floor discussion. Commission houses
handled q good volume OF orders con
sdering the hesitating character Of the
market a good part OF the day. Prices
on The go o'clock opening call reflected
irregularity compared with the closing
quotations on Wednesday Sales took
place on the call Of number OF stocks
In which no transactions were reported
on the New York Stock Exchange until
long after the 10 o'clock opening there
In this class were American Beet Sugar
Southern Railway ana Smelling. sales
for the day totaled 1000 shares. dis
tributed among nfty-twO different stocks.
Detailed opcrations follow.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
MINING.
FOREIGN MARKETS.

LIVERPOOL. sept. 6.-wHEAT-spot steady:
"a Manitoba IS 81. 40 ., IS 4isd; No 3,
:. S. I'd futures hrm: october, Is 7l.d Deem
$50 AID CORN-Spot quiet; new Ameri-
per "a dri.d IS 2i.d old. mixed. Is 34d:
Snt " strong; September, 6s ard peeember'
"a FLOUR Winter patents, EOS hi.
IIIope|In London Pacific Coasp; rs lSsai!
,n. pFEF-Extra India mess lfos PORK
IVs, nrn ,,o.. western. lois Sd. HAMS
Short cut. sos BACoN.Cumberiand cut. 66s:
ShoI. ~ n, nominal: clear bellies, 65s; long
shor. middies light. 7os heavy. ass Sd; short
10 hscks e3s: shoulders. square, Dos LARD
oit 800 Western tierces. SOS Cd. American
-1snad rails. SIS Sd. cHEEsE-canadisn
~ nnes1 o wePi city, 32s 81. TuRPENTINE
IALEw AZ. ROsIN-common. les Sd.
pERRRoLEtM Refined Esd LI rs laDoo OIL
JOS ,,S 90 coTTONsEEp oll'-Huil. refined,
spot. 2ss 81. p.w st-cAp-c.r,.,,,,
al d. miscovado. los. BEET SUGAR
sa an,.rnhsr Jss 80 LINsEED-Calcu,ts, Sep
septenoel. Ala LINSEED OII.-3&s
ss%a o1LHiso p6sIIRoLEIMrA%sSiSan
sn,ri,s sos Tpsd RosrN-American strained.
is; s1 50 ans si ,si s-rrrRoLEUM % franc.
80 canunss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
GREAT CROP OF COTTON
Yield for Year Ended August 81
More than $1,000, 900 Bales.
MONEY VALUE WAS LOW
Overproduction and Poor Grade
Caused Large Decrease
in Prices.

New Orleans Sept. 5.--The cotton crop
OF the South for the year ended August
81 according TO statistics compiled by II.
G. Hester secretary OF the New Orleans
Cotton Exchange. exceeded that Of the
previous year by i0lS.33l bales. Its
money value was sl07,074s25 less, due as
much TO the low grade OF the crop as TO
the decrease in the price. resulting from
overproduction. II was the lowest in grade
Of any crop for the last ten years.
Mr.. Hester says that an acreage in cot
ton larger than ever before cultivated In
the Southern States. induced by the high
prices OF the two previous years, uniform
ly dry and hot weather In the growing
season. a very late frost and a long. open
fall for harvesting, all combined toward
the production OF a crop larger by 900. 600
bales than ever before recorded. A fur
ther important factor, he says, was that
the boil weevi was greatly reduced IN
numbers over its entire range. So unfa-
vorable were the climatic conditions that
the insect was eXterminated in an area
covering about 25O0 square miles in
Northwestern Texas and Western Okla
homa
For middling the average price a pound
of lo.l6 cents compares with 1880 cents a
pound last year. 1887 cents the year be-
fore and 945 cents in 1es-'oe
The total value OF the crop compared
with previous years. is as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

September, October and November. 1I.c5c
bid; exports for the month thus far. LIS.
tons: LondSn copper closed at fI9 IS Sd for
spot and go 13s I'd for futures: lake and
sotroiytic here, 17x a 17fsc; casting. 1Iis
17Hc. TIN-Firm; spot. 1870 a 4sc; Septem-
Der, 4737H case: October 1928 4sc; No
vember, 47.10Q4sc: December, ~ o 4sc; local
sales. IS tons November. London closed at
f217 los for spot and f2i5 los for futures
LEAD-Firm; New York spot, ass Csc; East
81. Louis. +70a+s5c; sales 100000 10 spot
East 81. Louis) at 4.72iz: London lead
f2i los sPELTER-Unsettled; New York
spot. I.2od1.50c and East ST. Louis 1886
762isc; London spelter. f26 15s. IRON
Cleveland warrants. 65s lid In London;
local market strong, with No. foundry
Northern quoted al SIG 500 s1T No. foun-
dry Northern. SIG % q s16 20. No. I Southern
and soft, S16 259S1 BIS.
COTTONsEED OII-Easy under increased
hedge selling Near the close September de
veloped a steadier tone on buying by leading
refiners. but later months were easy. and clos
ing prices ranged from points advance Tor
positions. Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
THE CROP MARKETS
Grains Show Heavy Losses
Coffee Still Hiuher.

Holders OF long wheat started In TO
unload 1t yesterday. and when a Snow
estimate OF 72s,cOo 900 bushels as the total
crop was made public the bottom dropped
out OF the market. and new low levels
were reached for the season. Milling re-
ports continued optimistic. but there was
a question as to how long the milling de-
mand will be able 10 absorb the con-
stantly increasing supplies. Bears also
had the influence OF steadily increasing
freight rates and scarcity OF room, giving
little prospects OF heavy sales abroad.
Some authorities say that less wheat has
been sold abroad than for some years,
and that when the crop begins TO
move Il will be limited only by the ca
pacity OF the railroads The close was
weak at a net loss OF l0ltc for the day.
Corn, on heavy receipts and a crop csti-
mate close TO 5000 oOo, 900 bushels. dropped
1hGlSsc from yesterdays close. Oats
showed a little firmness in the face OF
l,4i5oocOoo bushel crop estimate, and
closed steady at loss OF only hdl2c.
Reports from the Dakotas told OF yields
OF 100 bushels to the acre
Coffee prices continued to climb al
though they were not so strong as on
Tuesday and Wednesday. Damage 10 the
crop was considered TO have been dis
counted by the gain OF lls to 126 points
over a week ago. At to-day's advance the
entire list was above "a cents, or close to
the high records OF April and June, but
selling. brought OUT by the nigh rate,
encountered good resistance and more
bullish sentiment The clos was at : 20
IS points gain over "Wednesday. Spot and
consigned coffee found really buyers in
roasters. who. were ,redted With Tur-
chases Of about 5000 bags aud ther. was
an increase in the country demand.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
MOLAsSEs AND sYRUPs-Quiet and

changed.
and unchanged. Hosn steady and tar dui
and unchanged
OIIS-Iinseed oil unchanged. Refined
petroleum steady AT S.35c FOR standard
white in bbls at New York.
RICE,-Steady here. with good general de-
mand New rice arriving slowly at primary
points -. -.
American quoting Bloc for fine granuiatei.
bur other rehners firm at 5.20e. Raw mere
Arm. with buyers OF prompt Shipment AZ
acc and holders inclined TO hold out TOT
442c About 10. 900 bags Cubas were avall-
sble FOR all September and late special sep
ternber shipment, at equal 10 $3.50 duty
paid Spot prices were 1850 for 10 test
Centrifugal 3e6c for 50 test fnuscovado, and
3.Oic for 50 test molasscs sugar. There Was
some business In old crop European oeet
sugars say 10000 tons, expected 10 Dc
shipped promptly at a private prlce, an1
there was also a confirmation OF sales o,
about 10000 IONS at about lie. cost ana
freight basis 90 tes.. equal 10 422c oenV.
ereI Beet sugar in London was STEADY snd
unchanged to Cd higher. The visible supply
4. stated BY London az 100000 tons Lon
don prices were 12s I'd for September, Jos
Tor October. and los 81 for May Win the
close a little higher.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
MONEY AND EXCHANGE.

THE MONEY MARKET.-Money on
cali opened at 34 per cent; highest per
cent: lowest, 3ls per cent; closing "a. per
cent. ruling rate 81. per cent. Time
money was characterized by a very fair
demand and was difficult to obtain. the
offeTings being limited. Rates: 44ao per
~, for sixty DAYS, 6G54 per cent for
nInety DAYS aud for four. FIVE and six
months Mercantile paper Twas was quiet; s 1w.
ll,,tss,.W nor cent for sixty and ninety
S Ssvs ndorsed bills receivable and choice
Ioir 70 six months single names ana
51.q6 per cent foi others. .,u
FOREIGN EXCHANSGh,.bbaadhee steadier
sTSa aInssrk Get showed lower range OF
rates al the close. The decline e ~
pared sT with the opening figures e s,ering
70 ~ 10 10 ,ipns were: Demand sterling,
s sead So cables. 4S6sOq4s6sS; sixty st y-Ias
bills. 4sssO4 500 short fEsnS ssi. less ia
5.si, and short reichsmarhs, eos
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
TO SUE so. PACIFIC AGAIN
Government Will Seek to Recover
s5.0OO,OOO Worth of Land.

Los Angeles. Sept 5.-Another govern
r,ont suit against the Southern Pacific
Railroad Company for the recovery OF
two thousand acres Of mineral land In
Kern County probably will be begun here
soon. The land is valued at s5.0Ooooo
willis y. Mills. special attorney In
charge OF other actions pending against
the company. has returned from Wash
,nrton with authorization by Attorney
General Wickersham TO bring the suit
II is understood that a patent TO the
,ard was issued more than six years ago,
nd that the government will contend the
alleged fraud was discovered only re-
ccptly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
Austrian Wool Statistics.

Reports for the year ended June 30, 1912.
show that the actual shipments OF AUS
stralian wool amounted 10 25lS.9l5 bales, or
S.Sl.ssB pounds, against 2. iss. $50 bales for
4. +he previous season, or an average value
shlch shows a decrease of 80 per cent.
{, On this basis the value OF the exports Tor
:isn.'l2 is 2e59l s74. against fGO, 9O0.52O for
i;jsIo-'u. or a decrease Of fl.Sos,64e. The
average price a pound was sid. against
rysd for 1901 and 9;ld for 1909
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

PROyIsIONs-Easier under active selling.
innuenced by decline In the hog MARIE,
sa,,,ss, mess. $40 10 q $40 90: family. S2l 30 q
Soc 20. short clear $50 so esec so BEEF.
Firm: mess. sleqsls5o; family, sis BOG
COO 5o 8ss0. BEEF HAMS-Quiet a. s2sa
s5I DRESSED HOGS = Barely steady;
bacons. IeN d12Sc; pigs, 13Yc CUT MEATs
~Pickied bellies quiet at l2qlAc. pickied
snsciai nc: city, csc: country, 8nStc.
TARp-Easy: Middle West. 11.4o1 ll.ooc'
city steady at Ike: refined. South ATer Is:
comnound barely steady at 81 qsSc.
sTEARTNE-steady: olso. 1sSc; city lard
1874 ana,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
CURB ECHOES.

The Esperanto mill crushed $500 tons
OF ore and treated 1899 tons OF tailings
produced. according 20 reports, amounted
to s99.s4s. The mine is said 10 have been
IN operation twenty-eisht days during the
month.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
PUBLIC UTILITY NOTES.

Missouri adyices state that the Nevada
Water. Light and Traction Company, OF
Nevada. Mo. has been purchased by w.
c. Gum. Of Fort Scott. Kan. The COM
pany operates the public utilities at Ne
vada, including the street railway. 1t is
said TO be the intention OF Mr.. Gum to
transfer the present Nevada Water, Light
and Traction Company's holding TO the
Fort Scott and Nevada Traction Com
pany The Fort Scott and Nevada Trac-
ton Company is a new project and II is
understood that the plants Of the two
cities will be operated in close conjunc-
ton with each other.
The Public Service Commission, I'd Dis
trict, has received notice from the
Ogdensburg Gas Company that 1t will
extend its mains on Canton street. one
block from State street, 10 Caroline
street The work will be completed this
week The company will also extend It's
mains on Franklin street next spring and
serve a number Of customers prior to June
l. Residents of Canton street complained
OF the refusal OF the company TO furnish
them with gas. The complaint was served
upon the company, and In its reply the
company alleged that its gas business
was Improbable and II would be hard
ship and injustice to be compelled to lay
additional mains An inspector OF the
commission was sent TO Ogdensburg, and
reported that in his opinion the company
should be required to make the extern
sions.
The Northern Ohio Traction and Light
Company reports for July and the seven
months from January 10 July 81 as fol-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
brief NOTES OF FINANCE.
Paragraphs Of Current Interest
for the Investor.

. Scottish professor says he can pro-
,,c. life. Just what was needed. All
re- will be necessary hereafter will be
- have the professors formula and apply
!, next time when the stock market gets
80 a lifeless condition.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
CHICAGO GRAIN AND PROVISIONS.

Chicago Sept. 5.-whest to-day closed hesvv
after touching the lowest price Of the season.
ole q bushei An estimate that this years crop
IN the Unit. States would be i0I,Ooo.OOo BUSH
els larger than the yield twelve months age
Vas mainly responsiole Final sales ranged
from fc 20 lac under last night Corn finished
al A net decline OF 1i<@Ii4r. oats on ssdisc
and provisions down Sc 10 32i1c. According 20
a crop expert who has frequently anticipated
government estimates tho 1912 wheat crop VIII
be 52s 90 O0o bushels Winter whea. vas
ngured at 10000 bushels and spring AZ
::,53 600 600 bushels Range or prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
BOND DOTS.

The Columbia Knickerbocker Trust
Company has been appointed TO certify
the issue of $500. 900 Improvement bonds
vi the Port Of Seattle. Wash, and will
also certify the 1883. 900 Rochester water
Improvement bonds which will be offered
ior sale on September 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
British Columbia improvements.

II is said that British Columbia during
.tbe coming FIVE years will expend about
enoeo.0oO on its railways, steamships and
highways Sir Richard Mcbride is now
working on plans for a system of high
WAYS which when completed will give
: % that country the most perfect roadway
ennsfruction in the world.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

Liverpool cables: Spot cotton quiet sales
2 90 bales. speculation and export. 300; Am'r-
Ican 1910 Imports. 5000. none American.
NiddIinr upland 6.6sd. Futures opened STEADY
p, ~ points advance; closed quiet. 70
nc,ob,r 8 lsd. Octobcr-S November. 6l3Hd;
Noyornber- December and December January,
4 osi,d: January February, 6.0g1d, February
Mach g I'D: Msrch-April. 6.l2i1d. April
MAJ g i4d; Msy-Iune and Junc-July. u, lJi:
IuIy-August. 8.1Il4d. Manchester and
cloths fair business doing.
New Orleans Sept. 5.-Weathsr and tsns
condi,ioos were controlling elements In cotton
,,,,,,,cs to-dsy Prices ssgged IN the morning
nn.rtn, a, 4 loss OF 9dll points. spot people
,slLed against the market. and the decline con-
tInu,d until short profit taking broueht about
\ rally The close vas a. mel oec'ihe VI le
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

Remsen, Oneida County, n. Y, will re-
ceive proposals until p. m. September
Tor the purchase OF $4,000 registered
bonds al not exceeding per cent interest
Bonds are in the denomination Of $500.
dated September Q 1912. and due $500
annually on September ! from 1913 to
1916, inclusive.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

'' DOMESTIC EXCHANGE oriesbs com ON
chicago, sc discount S bank s. premium;
mergls Csc as ss diseount bid 5c dssOpqSs
ST We'd, do" Charleston buying par sellns sight
S nsr cent premium; San frahc's'O'
sc. telegraph &C. Nan YORK. ex-
BANK CLEAR 9iINGss,arcss go. ISL. 1853;
changes $SiSSS %sse ,s3 los ios balance 81
Boston. excnansee5x Exchanges x3.s7.S47. bs'-
36.Ss2; :, S 11s ss5: baltimore. exchanges '''
Ms s2t balances $3.50 .ro,.I bar
's SILVER MT;ta6 :IIS.% doIsr: .sse
silver, Gss.c n I IonSon Closed at sgd
MEXICAN III. EX yH4k i quoted at ioi'sc.
sUB.TREAs j, ne : Gearing rse ~ House for
flhi hl7
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

II 10 the NaIue or the crop the value OF
the cottonseed is added, the actual wealth
producing capacity Of the Southern cotton
farms this year would be s937 7l0073 Last
year the total value. including seed. was
81 03o l33 81 so that FOR a crop embracing
4.OiS.Oo bales more cotton and 1.s22 co..
ions more seed. tho South received nearly
500 5oocCc less in money.
Mr.. Hester estimates the actual growth
at approximately 1891 o0 bales.
In the last year. he says, there was the
heaviest consumption Of American cotton
on record. exceeding the previous maxi
mum Of 1906 90 by $500 bales. the sur
plus going TO nh the vacuum Of the last
two years, and increasing the visible and
invisible supply TO 5000 bales in excess
OF the total which prevailed at the close
Of 1863
In reference 10 American mills, Mr.
Hester says tho years operations have
shown greater activity than eyert bsfore
in the history Of cotton manufactures II.
lie puts the worlds consumption OF
American cotton at lf5l5.co bales. an in
crease over last year Of 2isl co.. and over
the year before last OF ? 15l 40 bales
In the South Mr.. Hester makes the con-
sumption $50. i5l bales over last year. and
4o9 20 over the year before
The report Of the New York Cotton EX-
change for tho year ended August a
gives the Commercial crop OF cotton as
l6l0os7i bales or 22S.2Js bales larger
than the previous record crop that OF
1850. The quality was lower than that
Of the 1880 crop being only medium
grade for spinning There we're exported
49, JG 172 bales which. valued az 10 cents
a pound were worth S,.5.lQs.5J against
the preceding years S15.75l o57. on val
uatiOn Of lBi cents a pound. Imports Of
cotton last year we're 3lias1 bales. chiefly
from Egypt Sea ISLAND production was
12e,7H bales. comparing with 4Iell bales
IN the preceding year.
Domestic mills have taken 55l, 49, bales
OF the crop. against fgii2o bales con
sumed by them the year before.
Early business in the cotton market was
marked by bes rish confidence. based partly
on the idea that the advance Of about -
points since Tuesdays opening had been
altogether too rapid. The decline carried
active months about 20 points below the
high OF Wednesday, but offerings were
well absorbed. Shorts became anxious IN
the afternoon. and with reports that "A
heavy New Orleans short interest was
covered tho market firmcd ~ In the last
hour. closed only or points of from
the best, and steady az net loss for the
dav of . 10 points. Early estimates
place the ginning prior 20 September At
about 42j 900 bales. which compares with
III 90 balcs last year. New Orleans osti-
mates make the total growth of last year
rs 5Dl 90 bales and the total visible and
Invisible supply Of American cotton At
the end Of August $500 90 bales, against
go bales last year. Southern spot
markets were unchanged 10 &c higher
and tho local market was quiet al ll.eoc
for middling upland Local contract
prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

An election held on August % at Sid
ney, Delaware County, n. Y. is said 10
have resulted in favor of the proposition
10 issue approximately $4,000 to s-year
sewer extension bonds at not exceeding
per cent interest
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
To Avoid Car Shortaae.

. The railroads are urged TO cooperate
% lessen the danger Of car shortage.
rb,ch seems to be threatened. The Ma
.;onal Industrial Traffic League has is
snsd an open letter to traffic managers OF
N the roads asking them to make spe-
ia, Efforts to put all facilities for freight
transportation ipto as complete a condi-
,lon as they can at the earliest possible
.,orent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
SEED PRICES.

sl1 81: October. Sil 20. December.
e cas- % March. SO 20. ALsIKE-Cash. prime.
80 september. sI2. TIMoTHY.cash, prime.
sd.,. September. 81 05. October. 81 10; Decem-
- Ter - s. 10: March. q. III.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
Big Stock Dividend.

=. The Feultless Rubber Company, Of Ash
.knd Ohio will distribute a 50 per cent
stock dividend 10 IT'S stockholders. Re
Gently an increase OF capital stock from
J t.5.C9o 10 100000 was authorized, and
rom this increase stockholders will &c
ceive the large melon. II IS stated tina;
90 shares Of the new stock will be re-
/, served FOR employees, 10 be sold on favor
= ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

Reports have been circulated that the
Barnes King Company contemplates tho
opening Of the Santiago mine. This mine
is situated in the Kendall district. II is
the idea OF the Barnes King interests 10
have tho orc from the Santiago mine
treated AZ their own mill
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
New Paper and Pulp Mill.

Plans are said TO BE complete for a new
u.per and pulp mill at Grand Falls, y. b,
10 be erected by the Grand Falls Power
company OF which Sir William Van Horn
s,s lust been elected president
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

Union County Postoffice. Elizabeth, y. j..
according TO reports. will issue $4,000
"a per cent bridge bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

For tho month ended July 81 the United
Gold Mine Company's output, according 10
reports. amounted 10 over thirty carloads
Of orc. This Il said 70 include the out
put Of other various properties owned and
leased by the United Gold Mine Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

Pelham Manor Westchester County.
y. Y, will receive proposals until $3.50
,. m. on September 7, II is stated. for
$4,000 per cent eleven-year highway
Improvement bonds. Interest is payable
semi-annually
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06

The activities AT the Beaver Consolidat-
Cd mines for the quarter ended May ~.
according n reports resulted in 1.24f feet
Of development work. S5j feet Of drifting.
$50 feet OF cross cutting, - feet Of sink
ing and 10 feet of raising The total
amoun, Of stopping Vas 1865 square
vsrds Tho reported development work
has met with tho compsny's satisfaction.