davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1912-10-18

ments and rumors Of Diax support for
Mexican rebels, the foreign situation il
again uppermost in the gossip of the
street.
The rise in the Bank Of Engiand's rate
Of discount to per cent to-day will be
followed by an advance in the German
Imperial Bank rate to-day to s IL per
cent. and possibly to 4 per cent by the
Bank Of France. thereby forcing rates
in the Continental markets to an aver
age Of between and per cent. The
effect here will be to send up foreign
exchange rates beyond the possibility Of
American bankers drawing any more
gold from Europe the rest Of this year
and stiffening money rates for time loans
throughout the country.
Dearer money market conditions every
where are against booming security
values. as 1t IL the income from the in
vestment which is the big factor to be
most considered.
Regular dividend on Peoples Gas.
Insiders are reported to have cleaned
up the market for the Rock Island
stocks.
Foreign advices privately received say
the Rothschild interests would not have
bought stocks 30 extensively on the late
break had there been indications Of a
general war.
1t IL reported in international circles
that big banking interests Of the worlds
prominent financial centers have refused
to finance any large war loans.
Favorable developments are rumored
pending In the petroleum stocks, which
are extensively manipulated .s
The Washington herald., 1912-10-18
NEW YORK PRODUCE.

New Yosk. Oct. r.-MILLFEED-weaker: trade
inactive Spring bran. 1D: standard middiines
Aso: Western red dog. = IS: winter wheat han. In
Molb. sscks. to arriSe. Zoo: dty han. in bulk
A6
RYE-eteady: trade aow. Western to arfive ID
valued At about 7la1z q l. T.. trsck. and State ii
about 81.
fOoh - sseedy; mnoesae onsaneA hanSs
atraishts. lBal8 in sacks: srRinc patents. 40
SIS, in hareh: new, 70 arrive. lihSD: spFina
cJears new. La45s; new soft straights. to arrive.
L75a5o0. in hanek
BCCKWHEAT TOUR-Slow: the weather Is too
warm henD Quotations arc mainly nominal at 90
for 100 lhs.
RYE FLOUR-steady: trade modaate. Chdco
brands 3onaAN for new.
CORNMEAL-wesker. but quiet. owing to sar-
city. Kindred. for export, ID; coarss meal. IN
bags, l4alE.
sTRAw-Rscsipta . tona Fiat and dun. Long
rys quoted at s5aa.
HAY-ReceiptA 1I tons: steads. inactive bus-
The Washington herald., 1912-10-18
n a. HLHlaINe.

The prupostt5on advanced By some d
the financial organizations toward thu
rental or srsctioa Of . building to hcuss
the various groups hAs gone - far q
the appointment Of committee iron
these interests to investigate and reporl
on the prospects OF successful issue 4
the project.
George e. Fleming. OF the Unicn Trusl
Company. and vice president Of the DIE
trict Banksrs' Association. has been ap.
represents the District Bankers' Associa.
tion.
william J. F1ather, vice president d
the Riggs National Bank. has . place on
the committee as the representative Of
the Washington Clearing House Asso-
ciation.
BENJAMIN woodruff. president Of the
Stock Exchange. represents that organ.
isation. and Joshua Evans, IT,. assistant
cashier Of the Riggs National Bank, wa
added to the committee ~ . represen-
t6tive Of the Washinston Chapter Amer
ican Institute Of Banking.
This committee met and Informally dis
cussed the different plans. Some advo-
Gated the erection Of q financial building,
holding that with these organizations a
tenants in sight Il would not be . dr.
ficult plan to secure capitalists to erect
q structure.
The District Bankers Association meet,
only occasionally. the Stock Exchange
cry business day. and the Washington
Chapter once q week in the fall. winter
and spring seasons.
There would be no conflict Of time
whatever, one room of suhncient size.
&C.. being suficient to accommodate
each gathering.
A suggestion has been made looking
toward putting the matter OF supplying
the space for the financial bodies. II II
Commercial Club. either on the site OF
its present home or ON any available
site in the up-to-date banking district.
It might be possible to interest both
the Chamber Of Commerce and the
Board Of Trade to consider the PROPOSE
ton Of securing Of quarters In such q
building. under Commercial Club man
agement, as 1t il q mutual friend Of both
organizations and has many members of
each in its membership lists.
Vice President Henry. Of the United
States Trust Company, referring to the
matter. said:
Washington needs an up-to-date, mod
ern club building. and with the pros
pect Of interesting the financial bodies
and the Chamber Of Commerce and
Board of Trade In occupying space In
such q building 1t would seem that the
matter might be speedily brought to q
head. We have . number of clubs here
but no general business mems organiza-
ton. The financing might easily be at
tended to by q bond issue. The banks
Of the city could. and probably would.
underwrite bonds for the project. II the
Commercial Club does not care to 60
into this proposition there is strength
enough in the various Organizations to
secure the erection Of q structure by
private capital"
President Allies, Of the Commercial
Club. Is out Of the city.
1t Is possible that from this movement
the Finance Building may be evolved.
Messengers from the various banks
should be on the lookout for suspicious
The Washington herald., 1912-10-18
Statistics Of the Bureau Of Foreign snd
Domestic Commerce.


Domestic Commerce.
September imports aggregated HA,-
s62,31. against the former high record
of $l,5.17l.sA in September. 1911. while
nine months imports In the current
year aggregated N.3n. .I5,sT, compared
with 81, ,132, H7.lS5 in the corresponding
months Of 1911 and the former high
record Of 31.172. 81, 400 in the same months
Of 1910 Exports Of domestic merchandise
In September were valued at 96,943, :
sl1. against SlSS. So 80 in September Of
last year. and in the nine months end
ing with September. 1872, G.5Ss. .I21,01.
against the former high record Of 8.
rs. .42s in the corresponding period Of last
year.
The share Of the imports which en-
tered free Of duty in September was
SIS per cent in September, 1910. and 4s.3
per cent in September. 1909: and In the
nine months ending with September was
Sa.3 per cent. against 81 per cent In the
corresponding period Of 1911. Isl per
cent in the corresponding period OF 1910.
and l5 per cent in the corresponding
period Of 1900.
The Washington herald., 1912-10-18
REAL ESTATE NEWS

The Secretary of Commerce and Labor
has given up the consideration of the
Vermont Avenue site. between X and
L Streets, as a location for the new
Commerce and Labor building. The
property is in a residential section and
the limitations as to height have made
the property unavailable.
This reduces the probable location to
Pennsylvania Avenue and the F Street
sites The former has many friends.
but the advocates Of the Seventeenth
and F Streets location call special at
traction to the nearness of the other
government buildings and special con-
venience of this property.
A choice will probably be made in the
near future. Commenting on the prob
lem or $4,000 structure being a paying
Investment. when occupancy was only
assured for q period Of five years. the
realty man Of one of the trust COM
panies said:
'I would not pay unless the building
was 20 constructed that It could be re-
modelled for either an ONCE or apart
ment building. Naturally. the govern
ment considers only the immediate fu-
ture In renting operations. but the builder
has his own troubles to consider
Thomas ]. Fisher and Company have
sold :l1s Cancroft Place for $4,000. They
also sold for E. H. Jones one and one
half acres and house on the Brookville
Road to Mr.. Beall for N2.50.
The Washington Builders Association
meets October 81 in the Oriental Build
ine.
George W. White, president OF the
Metropolitan Bank, sold his sixteenth
Street home some weeks ago for ~
900 and moved into the Woodwaro
Building.
The Washington herald., 1912-10-18
WALL STREET GOSSIP

Amalgamated Copper directors declared
N per cent quarterly dividend. or on g
basis of s per cent. The street has been
optimistic on this point. Some of the
bears asserted that 1t should be on a |
per cent basis. but they were left.
Post & FlagE have had many order.
in Corn Products. Every one looks for
an advance: and they talk about 1t being
a second Can. How the similarity other
than by close relationship-th corn In
the can.
The price in rivets has been advanced
81 per ton. making the total advance in
the last week s. q ton. New York Job
bers have advanced price for sheets from
stock 81 per ton on blue annealed. No. IL
making a new price. SIS per 100 pounds.
and an advance Of 81 per ton is reported
for black and galvanized sheets No. q.
It is understood that the Pittsburg mills
are getting - per ton higher for sheets
than the official quotation.
Bullish activity in Mexican Petrol was
accompanied by rumors Of an increase
of the dividend from per cent to per
cent. The rise in that issue helped Cali
fornia Petroleum, which had been under
some pressure at the start
Childs is strong on the whole market,
giving especial prominence to Lehigh
Valley in bis predictions as to the fu-
ture.
rong-sturses were the prominent buy
ers of Interboro.
Linseed Oil. common and preferred,
gives signs Of coming to life in the near
future.
Traders seemed to be paying more At
tention to what Baruch and Reid were
doing than earnings or other gossip re-
ports.
Pittsburg mills have advanced the price
of bolts = q ton.
Would take the long side of cotton
market now and advise purchasers Of
March and May on further breaks, with
the view Of averaging such purchases
on the scale down should further de-
clines occur.
Halsted & Hodges. the chief sellers
Of Amalgamated Copper. Hopkins
Bros. also were among the bears on the
favor1te copper.
Simmons & Slade-We like the action
Of the market. We like It for . pull.
Joseph 10 bull on Hin stocks.
Professionals were selling Smelling
short on Mexican troubles Above @ Q
block Of stock was for sale discovered.
Higher money rates are being pre-
aicted here In the near future - Q result
Of the greater demand for funds report
ed abroad. Il 10 said In bearish circles
that some loan calling 10 hkeiy,
A coal decision seems TO be expected
from the Supreme Court next Monday.
At least that II the story circulated
by the followers Of the Reading crowd.
ReaJixing 10 noted again In Reading.
The street declares that Flower 4 Co..
sold is,oeo copper yesterday mornins-a
wrong guess.
Barney bought sa.soe Amalsanassd Cop
pr In the morning Bar.sy guessed
.s: os':s : - :: :ss:,s: . : s.. {: .;:s s. :.
The Washington herald., 1912-10-18

New Yut, Oct. E.-Can money opened at ~ pes
cent: high. pef cent; low. pr cent: renewals q
~ pr eent and closed at pr cent: ruling rate, n
per cent.
Market opened steady and dull with busruxezs IN.
ciined to wait foI lower ntes Rates ars gsaSS psr
cent foe iIty days ~ pr osnt for ninety days. 5SA
81 psr cent for four months and 5Sa5i PER oeut fof
i've and SIX months.
Commercial npo remains unchanged At pr ornt
for the best~name& London discounts &l-ls per
cent. up Ing: Paris discounts. ~ PER ont, up y
Berlin discounts. n PER oent. unchanged.
The Washington herald., 1912-10-18
Local Financial Matters


young maa IN nsed of cash. a stroaa
bag chadnea 10 . mssssngsr's wrist 4
liahae 70 6ttraet attentions. Also ths
formed. 'of carrying great packAdss q
bills N and out Of the Treasury. 9ome
time the unexpected WIN cause . changs
IN methodA
Tho Continental Trust Company has
made record movement In disposing of
the $56as0 Wheeling. W. Va. Per cent
Traction bonds that the company under
wrote . few days ago.
tn entire allotment has been dis
posed Of to investors. Maine bankers
and other New England banks were lib
eral buyers of the bond.
Tho bonds were high grade and ara
acceptible for savings deposits In New
England banAh
',our Mr. d. J. Kaskei win b st the
Arlington. October 1S 70 10 Inclusive. with
. complete line Of novelties"
Rather cool around the Arlington this
morning. and the men now stopping
novelties" In shirts. Better come IN
ls1l
George W. Holmes. Of Lees6urg, sue
ceeds william r. Lynn. ~ . director Of
the American National Bank. Mr.. Lynn.
who was the father Of the late president
Of the American National, died about .
month ago.
As stated in this column yesterday the
Washinst Virginia Railway Company
did not merge on Wednesday nor did
the directors recommend it-all Of which
does not mean that there has been any
changes in the plans Of the directors.
Tomorrow the onicers. directors, share
holders. and customers Of the CONNER
cial National will celebrate. Eight years
Of age, strong. and lusty.
William B. Hibbs was the buyer Of
practically all the Capital Traction shares
sold on change yesterday. Moreover.
there was more trading in this old re-
liable investment security than there has
been for mouths past. In all. n shares
were traded in, President Glover. Of the
Riggs National being on the selling end
Of tho trade. There was but one prics.
lzK.
Ihere Wasnt = transaction IN eitner
Railway common or preferred. the bid
being - - for the former and 81 IA for
the latter. The offerings were not large.
and brokers asked higher prices. espe-
cially on the preferred. 50 being the limit
at which II could be acquired.
Investors holding the preferred stock
have received very general advice Of late
from their brokers and bankers favorable
to Railway preferred. This has stifYened
their views. and they are not as anxious
to liquidate as they were.
A sale Of Washington Gas was made
at IS 81. which il just about on a parity
with the average quotation for q week.
A bond Of the Washington Railway and
Electric Company sold At IS 7-s.
Half q column might be used In telling
OF the bids and offers. but they appear
elsewhere.
The Washington herald., 1912-10-18
UNITED STATES SETS UP
NEW HIGH RECORDS IN
IMPORTS AND EXPORTS

New high records in both imports and
exports were made in the foreign COM
merce Of the United States in Septem-
ber and in the nine months ending with
September, according to figures an
nounced yesterday by the Division Of
The Washington herald., 1912-10-18
MARKETS IN & ID &C DINNER RCE1
NV xoRx sEocx MAlxH.
2AIID DnAu8

fss.a,s s.ia1Asa HSN ,. uaas : o.
- = - ~ 1Gs - nsAA -
The Washington herald., 1912-10-18

If your household belongings should burn you
collect dollar from insurance company unless you
able accurately describe the property that has been
burned or damaged.
You give this necessary description unless you
have tabuated list of your belongings and their
valuation you wait until the fire occurs. it will be
late make that list-except from memory. You have
do before tho fire. therefore you should
pmentay copy of Household Inventory Book and
down in it al the things of value which possess
The book is S. by 81 inches size contains 36 pages
and every article of furniture is listed by All
you have do is place valuation after each article
There also pages devoted the listing of books brio
abrac china glassware, slverware, clothing. linen, pic
lures, and ewey and recapulation showing the value
of the articles contained in each room.
YOU NEED THIS BOOK We will send you a
copy by mail free if you will this advertisement
In doing you will incur Obligation. We the
largest Fire Insurance Company in the District of Coum-
bia, and every householder and property
the city of Washington have a complimentary copy of
this valuable and necessary Household Inventory Book
WRITE FOR IT TO-DAY.
COMMERCIAL FIRE INSURANCE CO.
Eighth Floor Southern Building
WASHINGTON. DC.
The Washington herald., 1912-10-18

1a16sst lIeEaing ciasulGtfen<
The Washington herald., 1912-10-18

The Washington Builders Association
meets October 81 in the Oriental Build
ine.
The Washington herald., 1912-10-18

r Ne0 Y0l 0e00 41eA1nOA
WaahtnGtnn Stood kxaAAAO
l 0tcaes Board q 3sa1A
The Washington herald., 1912-10-18
NEW YORK MONEY.

TX dividsDd. ~ p1 ant
The Washington herald., 1912-10-18

'sOur Mr.. d. J. Kaskel viii b st the
Arlington. October 1S 70 10 Inclusive. with
. complete line Of novelties"
Rather cool around the Arlington this
morning. and the men now stopping
there are not particular concerning
"novelties' In shirts. Better come tn
iaA
The Washington times., 1912-03-31
STEEL COMMITTEE
NEEDS ONLY MORGAN
TOCOMPLETE WORK
If Financier Were Here
Probers Could End
Investigation.

To summon or not to summon D. Iler-
pont Morgan, that's the question Wmch
pesters the Stanley Steel investigating
Committee today. Not that the wizard
of finance would escape a summons IL
he were in this country, but rather that
he's off in Europe somewhere ana the
Stanley committee wants to close It's
Investigations. The problem resolves 1t
self into the simple matter of writing
'.finis'' at the end of some 400 pages OF
printed testimony or of waiting until
Mr.. Morgan elects to return in order
that the hearings may close with a
great flourish and with renewed dram
attic interest.
The Stanley committee is not advised
when Mr.. Morgan will return from his
sojourn in Egypt, Italy, and other
countries In fact, the House investi-
gators have no definite information re-
garding the probable itinerary of the
financial genius of the Steel trust. The
committee hears that Mr.. Morgan is
over in Italy lodging Count Boni de
Castellane, that he's forming an art
trust" and that he Is being presented
with this medal and that by royalty
now and then. but beyond these unsat-
isfactory reports the Stanley probers
knoweth not.
1t was Ri planned lhRt the steel near
ings would close yesterday, until some
members of the committee delicately
suggested that the record would be in
complete without the testimony of Mr..
Morgan.
TRUE" said Chairman Stanley in sub
stance, but when is he coming back"
Nobody knew when Mr.. Morgan would
come back, or that he ever would
II is obvious that II Count Boni can
not reach the ear of Mr.. Morgan, it
would be quite difficult for a subpoena
server to invade the fnanCiers suite,
and 1t would be even more difficult to
make the subpoena effective If it were
town beyond the vision Of the Goddess
OF Liberty
On the other hand, the organIza ton
of the Steel trust has been traced to
the door of Mr.. Morgan's office and
nearly everybody connected with that
organization has been questioned, except
Mr.. Morgan He took steamboat and
and no deputy sergenat-at-arms turks
In the bulIusheS of the Nile.
Inc Stanley committee will go into
executive session again Tuesday to de-
termine whether the steel Investigation
shall close with the testimony already
cess server shall take his place on the
pier at New York and await the return
OF J. Pierpont Morgan.
The committee will also determine
whether it will call few more "ore
experts" suggested by Congressman
Young of Michigan. The main investi-
cation, however. is now a matter OF re-
cent history" and the committee is about
ready to begin the draft of its re-
port.
The Washington times., 1912-03-31
Added Mystery
To Disappearance

NORTH ADAMS, Mass, March 3l-
The mystery over the sudden departure
from home OF James c. Turner. cashier
of the North Adams Gas Light Com
pany, was increased today when f..
Cook, manager for the gas company,
returned from Boston and reported that
the books of the company are correct
TO q penny
Turner was in the habit OF carrying
$500 to S4OO with him. He was agent
and collector for the II. A. Gallup and
\. c. HouGhton estates. At Mrs. Tur-
ner's suggestion the police made thor
ouRh search of several empty tene-
ments for which he was agent along
River and Rand streets this morning.
1t was thought he might have been at
tackled while making his collections
and thrown into one of the empty
houses. No trace of the man was
found, however
The Washington times., 1912-03-31
TO WED BY PROXY
HIS DUTCH FIANCEE
Boston Cigarmakcr Will Soon
Marry Girl in Amster
dam.

BOSTON, Mass, March Sl.-The At
lantic ocean Is no barrier to the mar
riase of Moses Pimcntel, cigarmaker
OF Boston. and Maria Johanna Lief
mann, of Amsterdam. Holland. With
out either leaving their domciIe they
are going to he married through the
old device of marriage by proxy.
The Queen of Holland has graciously
consented to the unusual ceremony and,
although marriage by proxy is not al
lowed in the United States. so many
legal steps have been taken to bring
about this union that there seems to
be no doubt that the immigration Of
tctals will recognize il when the bride
arrives in America
Miss Lehman loves Moses very much
and wishes to cross the ocean to marry
him, but her father. u cahnr old IIOl-
lander, won't let her depart until she
Is married. Pimentcl cannot return Ia
holland on account of his business and
hence the proxy ceremony.
The Washington times., 1912-03-31
Sale of Ernbroideries

one lot OF Finished Edge Rib
bon Beading; zee value. 1ONoa
Special, yard ........"... AS1~~
Swiss and Hainsook Embroidery
yard Special sale price. 1Ea
5000 yards OF 2T-inch Batiste
Embroidery Flouncing. actual VAL
ne, csc yard. Special, E0o
yard NEUTRALITY-SUSPICIOUS., wv
The Washington times., 1912-03-31

Closing out a lot of lSdglng and
Inserting that sold up to zoe, Ec
yard. Special price, yard. tlN
broidered Banding that sold for
26c yard. special closing 1870
price, yard .................. l61SN
Is inch Bstiste Embroidery
Flouncing actual worth. S2.e0
yard. Special sale price, C1 Ok
The Washington times., 1912-03-31
$1.25 Lupin's Black Check
ed Wolfe, 79c.

II you are anticipating spring
suit, more than likely 1t will be
one Of the very handsome, rich
Whipcords which are in vogue this
season--why not take the advan-
tage of this special sale tomorrow?
Any of our new 56-inch Whipcord
Suitings. all the new spring shades,
such as tans, grays. blues, and
many others Remember. they are
worth up to 81. Special 01 40
price, per yard. ......... D1stO
Middlebury register. (Middlebury, Vt.) 1886-1937, 1912-07-05

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