davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1912-11-23
CHICAGO PRODUCE.
NEW YORK COTTON.
NEW YORK PRODUCE.

New York Nov. E-wHEAT-IrreEulAr; trade Is
inactive No. ! northern spring. I. O. b.. 10 AZ
riye q54. No. red. Z o. b.. l0o; No hard. / o.
b 70 arrive eJa: No l Manitoba, T. q. b.. 10 ar
rive 95: No. ! macsrOni. g.. Exporters LOOK ~
loads manly at WinnIneE.
CORN-IrTccular: trade = quiet. Yellow IN eie
vatnr. to arrive IS No. yellow. c. / +. rail. ei
No ) yellow o. c. l. T., rail. both prunT ship-
rnrnt. new No ; yellow kiln dHed. 5si4, len days
shirunent. export corn to arrive. January &c
Marrh. S5la = O. h. Exporters took loads.
OATS-FIrm: lIfeless business. No. white
3s-; No white. j: standard, ~: No. white
e. elevator basis. unsTsdsi, On track. S=aD.
RYE-Stesdv. trade is light Western TO ar
rive Is valued al about S, c / +. uscA and
state at Il.
FIyOUR-steady; business Is inactive. kansa'
stralshts flsai-3o in sacks; spring Patents t5oa
as in barrels: spung clears. 4toai.0; s'ti
straights to an1ve. 4sOai.1 in barrels.
B'CkWHEAT FIOCR-Unsettled: supply i
small Choice quoted at = for lOO pounds
RYE FLOJ'R-Steady; demand Is quiet. ChoicC
brard5 quoted at 365aiIO
CORNNIEAL- STEADY; trade moderate. Kiln
dried for e1port. 5.7Da&7J. coarse meal, in hasS,
I.3nsl-B
HAY-Rccripts. sa tons: duner. choice II de
mand Quotations are: For prime timothy, Is
No |. IIOslIZl=: No. > loCaLO6; No. }. 90.
sTRAw-Rcoetpss. % tons Steady; business is
inactive Long rye quoted at Sasis.
PORk-Firm: supply Is light Mess, la.Salso
family. 23.OO423O.
BEEF-Steady; inquiry moderate Packet
q OOL22 %. family. 30a2i 90
LARD-Weaker; moderate business Prime Wes;
en-, lis: refined cnutinent 90: South Amen
can. l27O: refined Brazilian III kegs. $50; bret
stearlnc lZ'.Al2'.; lard stesuEe, inactive; New
York. l2al3i4.
COFFEE-Market closed barely steady points
tNyVar tn mint
The Washington herald., 1912-11-23

muscoTy u do. puGdlo l.: geese. nearby. per 10.
l3: do. Western and southern. l2 turkeys. youns per
h. lsd2sia do old 70: pigeons. young. PR pair =
do old, . guinea fowl old. each. 8 do Young. =
lbs. and over. each. Is: do. young. smaller each "a
e.
DRESSED POULTRY Choice turkeys. Per b. ID
do fair 10 good Issls; chickens. young. per b. ia
Is: do. old and mixed I3ali do old roostsTs. pr
h. 9sI9: geese near b. Ter H., Halls; do. Western
and Southern Eali.
GAME-Pnrtridzrs. choice. per doz.. 2.0oa55o; OF
birds LJoaIJO: phcasapts No. l each. 75al.oo; do,
oh birds zai0: rabbits. choice nearby and Western.
per doz. 2-jOl3O0: do. fair to good l5oa20i DUCKS
csuTssbacks. No. ]. pr h. %0a2S. do. rdleads.
No. l. Lg5al % do. malIITds. No. J. l0al-le; do
blackheads No. !. JOa55 Wild geese. No. ]. I5al.G
CORN-Stock in elevators. y 20 hushcl-- Ship
ment, from eIerators. $50 bushels. COutrsct At the
opening vas STEADY with SPOT mixed com 50 noml-
nal. Year corn carlv 81. and January. 5lN-
The market al the l25l5 call was steady, with new
nary 5l- sales. 500 bushels year. S2i=- Settling
urice oriciaIly pnstcd Contract. new. -
OATS-Stcck in elevators. 266.s2l bushels; ship
msnts from elevators. 95s bushels: No. white. .
standard whitr 3fi.a36i- No. white, 35SS5-= No
4 white. 55Sa5ia
RYE-Stock in elerat0rs CD bushels: sEiP-
nents from elsTators I7sl hushels- Bag lots. near
by. as to quality 65a-5: No. > Western. domestic.
7sa7s: No ) Western domesiir. 7Oa7l: No. West
en- domestic 6sse9 No. near by. car lots. 1+aI5
HAI-No l timothy. D.ja2l; standard timothy,
t. 5oa0.OO: No. >, N-OalscO; No. }. l1al.0; ISht
clover, niIcd I7.OOSI7 50: No. l mixed. lSo0als5o
heavy clover mixed N0al50o; No. mixed. li-0
aIjO; No. clover I3Soali.oO: do. No. n0a
r2Oo; no established grads hay. soosl2oo: sample
grads hay. as TO kind. quality and condition. go
sll,6.
The Washington herald., 1912-11-23
WEEKLY REVIEW OF TRADE

New York. Nov. 22.-R. G. Dun's re-
view of trade tomorrow will say:
Trade in the United States shows
further expansion, reports from different
sections and all statistics of traffic and
exchanges speaking loudly of a great
activity that in some instances is bound
ed only by the limit of capacity. The
bank clearings this week show a gain of
Is per cent over last year, and II is note
worthy that every part of the country
shares in varying degree in the in
creases. Railroad gross earnings in the
first two weeks of November gained 5.6
per cent, and the railroads are moving
the immense traffic of the country, in
Guiding an enormous quantity of grain
and an unusual tonnage Of manufac-
tured products with much dispatch
as their facilities will permit. while they
are buying literally of rails and equip
ment for future needs.
The dry-goods trade presents a picture
of welI-sustained activity, in marked
contrast to the depression that existed
a year ago. There is big buying of raw
cotton, which gives strength to its price,
although receipts are on a liberal scale.
The activity in the shoe trade has now
reached close to the point of productive
capacity. Leather hides continue very
strong.
"All the New England industries have
assurance of full business for months
ahead. The prospects for the retail holl-
day trade are most gratifying and fore
shadow a record-breaking business.
The Washington herald., 1912-11-23
CHICAGO GRAIN MARKET.

New York. Nov. 22.-Bradstreet's to-
morrow will say:
Trade channels are running full' with
optimism predominant, and this despite
widespread evidences that mild weather
Is a bar to fullest activities in final dis
tribution. To summarize the trade sit
nation briefly: Retail trade, though ham,
pered in heavyweight lines by warm
weather. is good. and better certainly
than a year ago; the jobbing trade is
active both in house sales and by means
of road orders; the wholesale trade is
brisk and in textiles for future delivery
certainly is broader than it was a short
tims ago and the chief complaints OF
manufacturers flow rather from scarcity
nj labor or of cars than from paucity
Of orders.
"Dry goods are in active demand from
mill to retailer. though mild weather
hampers retail demand for heavyweight
goods. Mills are steadily employed and
Complain only of labor scarcity. Cot
ton goods are strong and print cloths
and brog cottons have advanced in price.
Underwear mills are well employed; the
silk trade is doing well, linens are active
at high prices and fall Of 1918 heavy
weight goods in wOolens have opened at
higher prices.
Business failures for the week end
ing Nov. 21 were 2sS. against go last
week, and 20 year ago"
The Washington herald., 1912-11-23
RY L. 4. FLEMING.

Wall Street cut short its bullish oper-
ations checked buying orders, and sold
moderate amounts of stock, largely on
foreign commissions induced by the an
nouncement of the end of the armitice
and the resumption of hostilities.
Stocks did not hit the toboggan; there
were more declines than gains, but the
recessions were orderly and limited. The
large short interest has acquired,
through the frequent furnishings that II
has received, a wholesome respect for
the men who have been back Of the bull
market and because foreign news Is less
favorable they are not going to expose
themselves to another lashing, the more
so as the trend of the cables may change
in an hour.
This fear of the horns of the bull is
largely due to the wonderful prosperity
OF the country. The steel and iron busi-
ness is going ahead at a great rate, and
the expression now is that the Steel
Corporation will go into the new year
with orders for 100000 tons of new busi-
ness on the books. The independents
are enjoying the same good fortune in
lessened degree.
Six heads of the largest steel and iron
companies have gone on record as favor
able to the theory that the future of the
their products. The fact that there has
been no abatement, despite the feeling
that is general that the tariff on steel
and iron will be reduced with the extra
session, in the placing of new orders, is
n surprise, and shows how well buSi-
ness is standing up to the betterment.
1t is claimed that the chief reason that
the steel men do not fear cuts in the
tariff is because steel products are sell
ing higher in other markets of the world
than in the United States.
The bulls, confident of their position,
did nothing TO speed the bear movement
onward, seeing no reason why they
should help the bears to get out OF
trouble.
More disturbing rumors came late in
the day from Austria and Russia, but
they did not seem TO inspire uneasiness.
A slight cold, a mild affliction to J. p.
Morgan, sufficient to cause a postpone
ment in a hearing. might have made
some of the timid ones uneasy.
The first reference to merger" or
consolidation" in connection with the
operations of the Washington Utilities
COMPANY. from authoritative sources is
found in the call for the meeting of
the shareholders of the Washington-Nir-
ginia Railway Company on Monday next
at Mount Vernon.
The meeting is called ''for the purpose
OF acting on a merger or consolidation.
recommended by the directors. with the
Washington Utilities Company
1t is considered probable that some
definite announcements will be FORTH
coming after the meeting of the further
The Washington herald., 1912-11-23
BALTIMORE PRODUCE MARKET

Baltimore. Nor. 2-BUITER - Creamery. fancy.
per h. gJI: do choice 4a35i do. good. jOASS: do.
IE4nts 3iaS5; do blocks. 1lS5; lade, 2la2I. Mary
land and Pennsylvania rolls, 22a25; Ohio rolls, 2a23
West Virginia rolls, c2a23; store packed. 2la2l3
Maryland Virginia, and Pennsylvania dairy prints.
2la21H; process butter. 8aesl4.
EGGS-Ma-yiand Pennsylvania and nearby frsts.
loss OF, 81; West Virginia. 1aI; Western frsts.
loss off, 81; southern frsts. loss of. S2aS: r.
Grated and candled' eggs ! TO ! higher
LIVE POULTRY-Chickens. old hens. heavy. per
h. u; do small to medium, Pc !b Il; do. roostsrs
per ID, 3; do young. large. per ID. Il; do small.
per Ib, Il; ducks, white Pekins, per lb, II; do.
The Washington herald., 1912-11-23
Local Financial Matters

plans and projects of the Utilities Com
pany.
The sooner the better for the local
stock market.
The squirt of Thursday proved nothing
more than a matched order and little
investment business
Yesterdays session does not deserve
further comment than the mere state
ment that il was about the dullest day
of the fall season of dullness. In all,
thirty shares of stock. and one A,OOO
bond were sold.
Local bankers are looking for the fifth
and last call of the year with uneasi-
ness. They appreciate the aggressive
comparison of the banks Of the city and
that a good showing in the reports to
the Comptroller is much desired. For
this reason they are avoiding making
! loans, where they can do so.
The same conditions exist all over the
country and the sooner the call comes
the better.
Many ventures. building and otherwise.
await the release of money. 1t is ex-
pected that the call will come early in
December, around the I'd or 18th.
a powerful argument is offered in be-
half of the pleas, Of the railroads to in
crease rates by some important facts
shown in the annual report of the At
lantic Coast Line.
Detailing operations for a decade, three
average classes of employees are. shown
to be receiving s. 96, 1854, and 1888 per
cent increases in wages.
Flat cars cost 10 per cent more, box
cars 6S5 per cent more, passenger
coaches 39.7 per cent. and express cars
| 1856 per cent more. Mail cars have In
creased in cost 1857 per cent Ties have
| advanced 81 per cent, and lumber 3I.2
per cent.
In spite of the showing, the average
freight ton a mile has decreased l2l
per cent.
Two deductions may be made from
| this showing Either the railroads had
an everlasting cinCh on the shipper of
decade ago. or they should be given
an opportunity TO raise rates now.
A very broad decision was made re-
Gently in which stockholder in a bank
undertook to enjoin the institution from
erecting new bank building on the
ground that the movement was CONNER
cially unwise and beyond the rights OF
the banks powers.
When the case was called the building
had been completed. But the decision of
the court in the case was nevertheless
interesting
There are no damages for which the
plaintiff could make any claim against
the corporation for doing as it saw fit
with its own. lawfully or unlawfully."
United States Trust Company adver-
tisements have shown a new slogan
THE Peoples Bank"
The Washington herald., 1912-11-23

stead Of S1sn You cannot eat you1
melon and have II. too.
1t is significant just now that moss
Of the stocks that are supposed to bs
preparing to distribute rights" are in
Custrial stocks. In the era that has
closed. the principal growers of melons
have been the railroads, and almost all
the big wealthy systems have given their
stockholders privileges Of this sort ae
one time or another. Perhaps the most
fsmous melon patch in the country IS
the Delaware, Lackawanna & Western,
with the Canadian Pacific. Great North-
ern, Pennsylvania, and Chicago X North-
western not far behind. AT the present
time, however. the railroad melon crop
seems to be a failure. the only striking
instance of this sort this year having
come to light in the case OF the Canadian
Pacific and the Louisville & Nashville
1t seems that now We are running into
an era OF large industrial profits ana lh-
Gustrial expansion, and the prophets or
fiIsnce are predicting that II Is 10 the
Industrial field that we must look Ior inc
great distribution Of extraordinary prontS
and rights in the future. There are a
good many industrial companies in the
country, the present stock OF which -
worth from $3.50 a share TO H,oO share.
which will probably in the course or
time enlarge their capital accounts and
give to their stockholders great prizes
and bonuses in the shape OF the righc
TO subscribe to new stock at relatively
low prces. Such stocks as these arc.
rich mems securities and are hardly
within the reach of the average investor.
Opsn-air schools arranged after German and
American models have hen instituted at Barcelona,
The Washington herald., 1912-11-23
NEW YORK MONEY.

New York, Nor. 2-CaIl money opened 81 Del
cent: high. per cent; low, 81 per cent: renewals
St Per cent oiosed, 81 per cent; ruling nate, 81 per
cent.
Time money market remains dull and featureless
Rates are: per cent for sixty days 81 per cent for
ninety days. 81 per cent for four months and 5salI
per cent for five and ix months
Commercial paper Is unchanged az * psr cent ioI
The Washington herald., 1912-11-23
WEEKLY BANK STATEMENT.

New York. Nov. Bank clearinEs in the United
States for the week ending November p, aggregate
$40. .To5oO0 Lsainst S3S55 5000 last week. and
223 100 in this week last year. Following are
the returns for this week with percentages Of
change from this week last year:
The Washington herald., 1912-11-23
MARKETS---FINANCE---COMMERCE

the best names.
London discounts k per cent. OF lis per cent;
Pars discounts 81 per cent unchanged; Berlin dis
counts, IS per cent, unchanged.
The Washington herald., 1912-11-23

Chisholm & Chapman have again re-
sUmed operations on bull side. RumOr
persists that the railroads will be allowed
TO advance freight rates l hear that
Rubber and Electric will do much better.
The Washington herald., 1912-11-23
WASHINGTON STOCK MARKET.

Norfolk 4 Washington Steamboat .. $50 at los.
Washington Gas. at s5h
Mcrgenthaler. 10 at 24i-.
Columbia National Bank. 10 at 81.
Graphophone Com, 5 at S3l4.
After call:
Washington Railway 4 Electric a. 81, 90 at sii4S
The Washington herald., 1912-11-23

the result would have been disastrous.
With this war over We will have no Bal
kan rumOrs for many years.
The Washington herald., 1912-11-23

Foreign houses think the renewed ac-
tivity by Turkey is a subterfuge to Sc
cure better terms. Market from floor is
firm and strong.
The Washington herald., 1912-11-23
MISCELLANEOUS BONDS.

New York, Nov s-Prices were irregular with the
principal dealings in New York City issues. Brooklyn
Rapid Transit ls Rock Island collateral Is. and New
Ynrk Rnilnnrs ndinstmasnt g. Closing nEices:
The Washington herald., 1912-11-23
CURB MARKET.

Total sales. 81 $500. against S3laOoO yesterday
81 SIS. 900 week ago. and S5ca3OOO year ago.
The Washington herald., 1912-11-23

Large earnings for the locomotive COM
panies are causing a more friendly feel
ing toward American and Baldwin com
panies There is a meeting on the eth,
wki~h may announce favorable informa-
tion on Baldwin.
The Washington herald., 1912-11-23

British emigration is in the directiOn q Cansds
and Australia.
The Washington herald., 1912-11-23

Proft-taking has occurred in Brooklyn
Rapid Transit, but inside reports seem
TO be favorable to its purchases on re-
actions still.
The Washington herald., 1912-11-23

D. Odell. Post & Flagg. and London
sold Steel Nothing big, however. Cen
eraI impression is market will be better.
The close of the Paris and Vienna mar
llets is better. II. l. Nicholas, Van Ant
werp and V. c. Brown. largest buyers
OF Can.
! Recent gossip that the dividend on the
United Cigar Manufacturers Company
common stock would be increased within
the next few months is without founda-
ton. Directors have no idea Of increas-
ing the rate during the next year, de-
spite the fact that earnings during the
last four months have shown big ad-
vance over last year.
The Washington herald., 1912-11-23

More money is likely to go to San Fran
cisco. but It is expected to be Offset by
gold imports.
The Washington herald., 1912-11-23

Open-air Schools. arranged after German and
American models have bcsn instituted at BarceonA,
Spain.
The Washington herald., 1912-11-23

Creeping Improvement seems to be ex-
pected in many quarters for the present.
Offerings reported small.
The Washington herald., 1912-11-23

TIL" firnness of Union Pacific and its
stubbornness on declines is attrating faT-
orable comment.
The Washington herald., 1912-11-23

United States Trust Company adver-
tisements have shown a new slogan
THE Peoples Bank"
The Washington herald., 1912-11-23

Betterment in the monetary position
sentimentally only will operate for
more optismistic sentiment, according to
some houses.
The Washington herald., 1912-11-23

4 large short interest is outstanding
in Copper, according to latest advices.
The Birmingham age-herald., 1912-01-07
COTTON OUTLOOK
 MORE FAVORABLE Indications Are Meridian's Cotton Receipts Will Be
 Over 100000 Bales

Meridian, Miss, January 6.-(Special) )- with a number of prominent Meridian cotton brokers yesterday a representa- tive of The Age-Herald learned that the prospects for this season were more fav- orable than ever before The indications now assure the local cotton men that Meridian's cotton receipts for the pres ent season vii lbe over 100000 bales of the fleecy staple. The receipts last year were 5000 bales. The cotton is being thrown on the market more freely than is thought to be for the good of the market conditions; however nearly ten thousand bales are being stored in Me ridian warehouses to await better price.
 The local market showed a slight ad- vance yesterday of IS and the buyers were paying off the wagons Q 1-s cents which is the best offering of some days The general depression and low price of cotton has affected the business condi- tions of the city but little as compared with the existing conditions of past years.
 Up to the present time. 71,103 bales have been received for the season, against 72,000 bales same time last year. There has been shipped this season 42 2,S54 bales as compared with 50,913 bales shipped same time last season. The fact that the shipped cotton has been less this year is due to the fact that the holding movement has taken a firm place among the farmers and cotton pro- ducers of this section.
The Birmingham age-herald., 1912-01-07
ARMY AND NAVY ARE
 LEARNING AVIATION

London, January 6.-(Special )-Very quietly but very surely the British army and navy are progressing in aviation despite the poor financial encouragement given by the government. Last week aeropane manufacturers and army avia- tors met in conference at the Royal United Service institute. and great re- suits are expected from this meeting. Young officers at Aldershot and elsewhere are constantly getting special leave to fly at one or other of the many avia- ton schools
 Colonel Cody, who is now a British subjects and prefers to be called MT. s. r. Cody. saw his own machine flown for the first time last week. The pilot was clever young naval officer, Lieu tenant Wilfrid Parke. MT. Cody was the first aviator in this country to obtain the new Special Certificate" given by the Royal Aero club. A few days ago he took up. not only his son, but another passenger in a hundred mile cross country test. A very keen military aviator is Captain John Fulton of the Royal Field Artillery. who has also received the Special Certificate" Three naval officers and two marines are now officially at work at Sheerness experimenting wi.h new biplane fitted with floats. Th. experiments, which have been a great success. have brought several German tourists to Sheerness. where the spy scare is at it's height just now. A daring aviator, Mr. w. B. R. Moorhouse, dis- tinguished himself last week by chasing and beating a Great Northern Express train which was travelling at G5 miles an hour.
The Birmingham age-herald., 1912-01-07

tbe prospects for tariff revision. It Is inc belief of many that Congress and the administration will become involved in a hopeless deadlock and that nothing
 will be done until a new Congress comes on the scene, but upon this point there is decided difference of opinion. It is contended by good many thoughtful people who are not carried away by politics or prejudice that a compromise will be reached between the administration and the Congress oppo- sition whereby the tariff question can be shorn of it's disturbing features and a definite conclusion reached some time during the next six months. This hope ful view is not entertained by ma- iority of Wall street leaders and their minds are pretty well made up to the strong probability of continued agita- tion and disturbance over the tarim problem. With a President and new Congress to be elected this year If would be too much to expect the poll ticians to remove from the situation one of their choicest issues. The tariff we are likely to have with us as market factor for many many months to come.
 "A Knowledge that the Steel schedule is to be considered first by the lower branch of Congress has not as yet frightened holders of stocks in this group Of lnduStrialS, but agitation IS likely to have a bearish influence from now on. The steel industry is enjoy ing a period of activity, although experts report visible letting down in the de- mand for products. Orders are being taken by the manufacturing companies at prices which admit of meal ger profits and If dividends are paid on the pre- ferred stock that is all that can reason ably be hoped for with regard to inde- pendents. United States Steel will pro bahly be able to worry through and maintain the dividend on common, but to do this there will have to be tremen- dous inside economies. Any improve ments and enlargements which may have been programmed will have to be postponed or abandoned for the time being.
 Revised comparisons show that the average prices of active industrials traded In on the stock exchange left off the old year almost exactly where they were year ago and that the average Of active railroad shares is about 5 points higher at the end of tho year than at the beginning. This is a pretty good showing considering the fact that new bonds ware issi1Id ka the amount