davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
SECURED A BARGAIN
Alaska Purchase by United
States EOrty.SIx- Years Ago.

Folty-SiN years ago to-day the Jnlted
States government purchased Alas"d
from the Russian government FOR $"-N'l
90. william. II. Seward vas the Ameii-
can representative in lhe deal which was
criticisedN by almost every newspaper 81
the country '.Itiwasrope decidIed tilat
Mr.. Seward was wor.iing' bol - ei'os
against. the middle and was Gert'ns ricn
by cultvating the expense account soht
called il Stewards. Bear Ga'den' and
Seward 8 Folly"
The people now reai,zc mat IieAt 10 the
purchase of Louisiana 10y Thomas Jehei-
son. sthe, acquisition Of Alaska stahds a5
the greatest bargain ever secured by ms
country During the year .3ii Ala,ha pro-
duced $4,000 In sold. and il u stated
that the year Just closed showed an IN
crease Of f. per cent over ihc previous
year i'm mineral rcsolrces Hey mineid al
resources have hardly been touched. az
coioine TO engineers. and as soon as tie
copper mines are worked II Is oen"N'u
that the wealth of this Iroduc, VIII De
FOUND iust as great AZ tna; e. gold whcl.
the miners really get busy Trade WIN
the United States ia the last calcndar
Of 30 per cent IN TWO Yeas. ana IL is SAID
that If the purchase price ana every eN-
pensc incident 10 administrator are
CHARGED AGAINST the disty'ct, :anG cltuit
given Tor its mineral FUR ana nshery
products since tire date of acquisition. II
would show 3 net balance Of over >""V'.-
900 in favor Of the Investment. over
S2VUe w,oJD in gold has been SEN OUT o.
Alaska since 1880. and ell bat %nor' ol
this represents gold. What ~ cdHed
conservation" prevents Alashd from
makins use Of her 81 resources eA-
oept IN a very limited way. ', present
Alaska needs coal m,rc than any other
thing. and il is surprising L" Know that u
mas AZ much coal ~ Penhs\ wanna.
Transportation facilities are lacking. ana
il needs the combined Eclp ~ corpora
tons and not individuals. 40 bIid RAJ
roads and operate thc coal mines. fIou-
ably when Congress sets through WIN
the tariff il will devise WAYS. means and
methods Of allowing the vast resources
of Alaska 10 .be opened - -. me GOOD
Of the world.
AlasIa is thirteen times lr-c. than tn"
State OF Pennsylvania. The a-rraitur"
bureau of Naska states ,hl, there is
more arabic land 100 inc Mariana VALLEY
than is under cultivation IN NOrWat
Sweden. Finland and she ,hrce northern
provinces of Russia. 'EH-Sccrctary WI
son once said that NEE are l'F"'''
acres a,dileblc f6r agriculture. which
eventually viii p,odu-e more wealth. thau
the mines
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
ON THE PACIFIC G0R
ley rcl,s sph Co TIN. rnour.l

Icy Tclos aph ,o TN. tribune
san Francisco, March al Callior.
and especially San Francisco. VIII br.,s
easier whcu the present session Of d
Legislature is ended The prosTcas
wing Of the Republican parry IS respoi
Bile Tor ,hc worst collection Of cfa,'
that have ever been gathered q The IL
capital since the famous sand lot sa-i
that was noatcd M on theatde Of ha
nc,ism. over thirty ,care ago The ne
bcrs had sis weeks recess, and they hi
now tackled reform with biz x n
way that means trouble for mary q
porstions and public interests. one Of
pet measures rs a hilI that proniol'
sale of liguor within mile Of any q
tary reservation I'm order to ily 10 2
vent few soldiers from getting h'1
near their quarters this bill viii nTol
the sale Of any liquors on the Pana
Pacific Exposition grounds. II VIII i
Interfere with the sale or consumpuN
liquors lin hotels and clubs that ha"
misfortune 10 be within four miles O
Preside or other military o. naval y
This precious Hill is faihcred by
porancc advocate from the san Jos !
Valley. who. like many ot his iolo'
is impcrvious 10 reason Inc w
Fair managers will make a Stiol- !
AGAINST tho bill. which would seno
affect the business and attendance
exposition.
Othcr crank bills inroducN u
LEGISLATURE. some OF which are 81
mss. are measures TO forbid the "a
lee cream on SUNDAY TO Iesu"H
dress of school children, TO me uS
Who fail to vote. 10 pay the ''n
expenses Of the candidates lot pOV
flee. to recall judicial decisions "
ate q high salarlcd welfare oon
"a iu.cst,ratc wages. 10 regulate
popers TO remove property qualln"
for Jurors and many otheiS' II.
bills have been introduced 10 ludN
nm, any combinations Of business
while AT the same time IT Is pVpv
make easy the combine OF "o'a~
aims, ranitaI The effect OF mos'
measures will bo to cripple o''ln~
worry manufacturers. ne ~ .,o,.
been seriously hurt 10y the eNa.~
the labor unions. aud II now IN,
the object to complete the rum u
dustries.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
WEEKS BANK CLEARlNGS
For Seven Days Ended March 29
They Were S2,9S1, 061 1924.

Total bank clcarings OF the lnited
States for the week ended March p. 1918
zone day cstimated) according TO THE
Financial Chronicle" were &osl ,oel ,2i
which compares with $500 2JS,527 last
week, and Ssh, ll5, 2ss for the correspond
ing week OF 1917.
Compared With last year total clearlngs
have decreased 1913 per cent. loss which
is explained by the two Easter holidays
on the Stock Exchange New York City
reports decrease of 1871 per cent, Bos-
tor 1876 per cent. Chicago SO per cent and
New Orleans 81 per cent. Philadelphia
reports an increase OF 81 per cent. and
Baltimore Of 10 per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
NEW HAVEN CONSTRUCTION
Cross Overs Between New York and
Boston TO Be Lengthencd

Charles s Mellen. president oi the New
York. New Haven & Hartford Railroad,
has ordered the lengthening of seventy
light cross-overs between Kew York City
and Boston. The work will involve an
expenditure OF $1,000 and is done 70
,omply with the recommendations OF the
Interstate Commerce Commission and the
Public Utilities Commission o. Connect
cut. II includes the installation Of Ions
.ross-overs at all poin,s where speed
trains are run, and also ,npor switch
leads not included in the cross-oNers.
The work will also require tie rcmod 70
cling or rebuilding Of jhirty-siN inter
locking plants. at q total cost OF about
$4,000. and an additional expenditure o.
$4,000 for changes in signals
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
MOVEMENTS OF SPECIE

rho exports OF specie from the Port oil
<or York for the week ended March -
,yoro cold 500. 600 ana silver $4,000. O.
total of $4,000. against SDoio,p Fol1
80 ,ivcr ia tho preceding week ana
s7i. IA in the corresponding week last
year, since January the exports OF 500
amounted to sie.915.2GS and silvcr r.
o5sS57. against $l9iG7,61o gold ana =,
9a6. G99 silver IN the correspondents Pei lo'
The imports Of specie al, the Tort o..
Won York (or inc week ended March -
wore $500 gold and - i1.3i' sllNcr;
making a total of si52.2bo against = tp,h
Se,sGt7 IN the corresponding week last
ycar since January ! the imports "l
speclc amounted to sG,Sli.72G. against -
oto .2s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
Atlantic CITY Electric Company.

Gross earnings OF the Atlantic ca
Electric Company for the month oi fes=
ruary were S2i7o, an increase Of Fl"i
over FYbntary a pear ago Net earning
were NS. 20i, gain Of sos. ami Surpln'
after charges amounted to Sii'5. 5din
Of ,97e over February OF l9l2 Tho report
for the twelve months cndcd Feoru"'s
aS 1919. shows gross OF }ioo 100. IN IN
crease OF ;c9ll5, as compared with '"c
same period of The preceding year Net
earnings were &c aOl, an Increase Of 81
eG5. ard surplus after charges amounted
10 .l5gSM 4 gain OF slti& over the CORE
spordin. period of the previous year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
COST COMPARISONS
Changes in Average Prices for
the Last Week.

The following table gives the highest
lowest and average Wholesale spot prices
OF twenty-five articles Of current consump-
ton in the New York markets for the
week ended March -, and the difference
IN averages from those of the previous
week, cotton. sugar and lard quotations
being in cents and hundrcdths:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
BOND DOTS.

! + Trophy. CLERK Of the Board or III
nance Of Paterson, Pas-Sic Count, y. ~
viii receive proposal- unul y. 10. "n
April . fpr 100000 sewer rcfundinc and
100000 school 90. per cent sold coupon
or registered bonds. denomination tloor
dated April I 1918. and due April T. 1915.
Accrued interest ia DC paid hy the pur-
chaser.
Ncvburecr. henderson y Loeb. 81 Inil'-
dclpl,i. were the rsucccsstul bidder on
March IS for the $4,000 &. PEI cent So
wear serial improvement bonds. OF L"ns-
downc. Penn.
II is reported that Il. L.. DAY 4, CO.. oi
r;oy,pn recently nccotictod I :"HlpOrart
loan Of 500. 900 viii Ndfdcn rr'res.. dnc
m seven months
r. u.Gatce. CITY clerk of NIkcs-Eawc.
Luzcrnc County. Penn. Will receive pro-
rosa,s until D. m. ON April H. ior >-oo.-
ooo a.. nor cent. registered imprO' cmcui
honds denomination $1,000. dated 'cio-
bcr 1917. and due October ]. 1858.
According to- report. MAMMA cot. %o''h
ucmpstcad. Nassau County. y v VIII
hold AN election on April TO drodc ON
tho issuance Of the %.@@.o"o I'ubh' I'M
provcmcnt bonds
Tho Dollar savings Genh. Of Pittsburgh
was awarded. on March &C.. the HiooOo
g. per cent tax free high school bulloins
bouds Of Grafton Grafton school District
Nlic.hauv County Penn.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30

The provisional company 20 &c lormed
OF men from different regiments to do
marking and scoring at the rifle range
at Peekskill this season Will be under
command Of Lieutenant George L. fllll,
Of Company r. 9TH Regiment assisted by
Lieutenant j. J. DAILY, I'D Engineers and
Lieutenant Robert \. White. list Field
Artillery. The shooting will be IN charge
Of Colonel y. E. Thurston, chief ordnance
officer, assisted by ajor +. Nj Water
bury and captain John l.. Hcgeman,
ordnance officer. IL will start on Monday,
April II. and the assignment OF dates Tor
practice by the different organizations is
as follows: 22d Engineers. April H. % and
20: lst cavalry. AprIl 10. I'd Cavalry,
April 10, 9th Coast Artillery. April Il and
-, l3tn Coast Artillery, April q. % and
%; Sth Coast Artillery. April q and %;
lst and ID Field Artillery. April IS; LIST
ana u Signal Companies. April q. The
lst and ID Brigades have been assigned
dates a. follows: Isl Brigade May T., 49,
u. 10. Is. Il, -, -, q -. . and 81 I'd
Brigade, May 7, .. 3. = .. :. :, and 10
The LIST Battalion OF Naval Militia will
practise ON May =, and the ID Battalion
on MAY -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30

Tho heavy rainfall on tas.'' a
sro,fau in the mountains have ~.
Thousands OF dollars for the az ,ao-
farmers and miners. Inc io"e =, r
had dried the ground badly o'' ~
ro,,ovipr the showers last W.
mois,cued the ground and has ,''. r.,,
sih,c GOOD Yields OF grain ana Am
the biz interior valleys. '0'l'. SOM. b
was done TO cherries and peaen..
ncayy frost. but this loss oe'u l'.,os..
IN the earliest districts. "'
a large fruit crop is good.
r,o snowfall in the Sierra Nev.a'
,ecn the heaviest in many YEA YEA
mining and power men are a., all
liberal supply of water WIN. ,,sysd
through the summer 1t is Oen' 's
Sacramento River VIII uo
Rcd Bluff during the summe"
,,,,,,,rr mon here arc sure 'la'
Military mSn nv -, ,u hecc1
nrosidio of Monterey Will SUI. ard
cayalry and field artillery p0, :. ,srf
The infantrymcn there VIII ~
TO some other post
-----r A
The Supreme CouIi mas nm .ooO,rrr
Judgment of the lower court n,iIlcc'
guardian for Loren Coou'" CO..
n nua owner, of Monterey ,s ard
Coburn is eishty-four sV"' Annsw's
eight years has fought MS 0,aeed
tempts TO have guardian such :
him. Lately he has shown coup.
of senility that the 'o'' "a sa'e
to name a guardian in oros'
estate, ..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30

IN the Illinois Legislature which were
drafted by the Chicago City Council pro-
Wiling for municipal regulation o. gas
electric and telephone utilities. and the
nNiL. OF maximum rates Tor the same.
Manufacturers Light and Heat Co.
Notice is given by the Manufacturers
Light and Heat Company that 1t Will On
May ]. 1919. anticipate. pay off ana re-
deem all OF its arsi mortsas and COL
lateral trust { Ter cent soid bonds now
outstanding. which amount TO N,''''vOo'
The redemption of ;he bonds VIII ne mace
in accordance with the provisions sci
forth IN the bonds themselves ana IN Al
ticle 4 of me mortgage. The Union trust
COMPANY. Of Pittsburgh. viii nave sum-
Gent funds on that date 10 pay the prlH-
cipsl and all accrued interest on the bonoN
and a premium oil. :. Pc cent on the bonus
included i'm series *. l. and VI. maturing
May J. 1911. 1915 and 1876 ana a premium
of per cent uron all bonds INCLUDED In
series and Q. maturing May J. WI anu
-91s respectively. All interest on tneao
bonds shall cease ON and sfter May j.
1915
Louisville Gas and Electric Company
II IS stated that the formation o. the
Louisville Gas anc Electric Ccmpan|'
which Will have a capitalization oi 60
10000 and VIII contioi all the Puo'''
utilities in louisville. with the exception
of the street railways and the telephone
properties VIII shortly be completed
Il. NJ. Bylesby Will he chairman OF the
board of directors and George Is. Har-
lies now president ri the LoulsNlll'
Light Company ana the Lou.sVlie 'ds
COMPANY. viii be president Ine new
company VIII control the Louisville Gas
Company the Louisville lighting 'oh'-
pany. the Kentucky Heating COMPANY
and several smaller corporations. ana
probably the kentucky Electric ComparI
San Francisco Terminal Railways.
The report OF the san Francisco-oaN-
land Terminal Railway fol- the ie"
months ended January 81. 1915 SHOWS ina
the consolidation OF the OAKLAND lracuoh
Company. San Francisco. Oakland n oo'
lose Consolidated Railway. East Shore .
Suburban RAILWAY Company and 'aH-
LORNA tan
earlier date. has resulted in large re-
ductiors i'm operating expenses. VINO
cross and net income have increased. For
the period covered 10y inc report TO ilr
stockholders the gross income Was %'''''-
80 q eaip o. more than $500" ovel inc
same len months al the previous AedI'
At the same time the economies WhI'h
followed the merging OF INC -four COM
panies resulted in decrease Of s2o-i'' II
operating expenses. Set fol the 'an
months was sl,is691i. or a, the rate ~
81 .796.2S2 year, against actual earnings
OF the properties o. $i.Sli0-- 10Y Inc
twelve months ended June -. 1911.
During the ten months ended JanuaF'
Il. 1873. tie san Francisco-Oakland Ter
minal Railways carried 100000 paSSon-
gers. c.Wo0 COO more thar for the sam
period of the preceding year
Pacific Tel. and Tel. Company.
The Pacific Telephone and Telegraph
COMPANY has Issued its statement Tor ne
month OF February, as follows.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30

trjct for the week ended March - was
as follows: Tonopah Mining COMPANY. D.
700 tons Belmont, 4,o45 tons: Montana
Tonopah. O33 tons; Tonopah Extension,
1850 tons: West End, geo tons; Mac
Namara, 5'c tons Jim Butler 4oo tons >
Midway. 100 tons total. Il 80 tong, hav-
ing value Of s25i.97o. This valuation
is based on the actual gicss milling values
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30

Officials of the Nipissins Mines Com
many i'm this city deny the report that the
company has purchased three gold claims
in the Larder Lake district, near I'ardcl
CITY. They say that they not only have
no interest i'm the district but they do not
expect 10 acquire any property IN that 10
Calitv.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
NATIONAL GUARD NEWS
Additional Batteries OF Field
Artillery Being Organized Here.

Although tho two regiments OF heiu
artillery organized early in January on
the recommendation OF Major General
Iohn +. O'Rvan have both some skeleton
batteries every effort will be made 10
fully organize them as soon as 1t is pos
sble. Some remarkably good work mas
been done in this direction already. and
a number Of excellent batteries have been
added 1t was the express wish or the
war Department that New York organ
ize additional batteries of ned artilleT!
as the army is badly off in this arm oil
the service.
General Organ is working III harmony
with the War Department. and as iar as
il l. possible will meet all the demands
made. rs lA1k'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
Short Month Causes Loss.

Snort MOrtn CauScS LOSS
Tic Intcrborough's loss in February
this year was due 10 two causes. one 81
which was that February was daF
shorter. and tho Other was the unfavoi-
able weather. compared with tho CORE
.pondiug period Il year ago. Part OF the
cross decrease OF S35s2S was Offset oF
liberal sa,inc in operating expenses. as
the net earnings of the lnteroorouGh
Nclo about sl5.onO less than last yea.
The operating ratio was 1916 per cent
compared with so % per cent in February
= wear aco. The number of passengers
carried this year totalod J0.70- GO, COM
pared with 5i.2l2sl5 during February 81
1912. Tho surplus available Tor dividends
VAS rot materially changed from the
previous year. the balance being Sk.o!e,
compared with s5l150 in 1?l2, equal TO an
annual rate Of 40 per cent, compared
vito 1861 per cont last year.
A Cheerful View.
In summary Of present conditions
Henry Clows views the situation As fol-
lows:
"Tcclnicaly. the stock market is in
ound condition. This was Strikins.y
proved by tho first resistance of prices
30 The losses caused BY floods in the West
Tho local money situation should i'm
prove from now on. ample preparations
having been made foT the Apf'l settle.
mcnts. Funds withdrawn FOR this pIr-
ncso will soon return 10 this market.
After the FIRST OF the month sl1S,oNoc,
hello for dividend purposes will DC Sradu-
ally distributed. Gold exports have prsc-
tic2lly ceased. The repairs necessary al
Ter the floods will, or course. call 10 q
temporary demand for funds. Invest
ments arc now selling ~ rates yielding
exceptionally satisfactory returns. a fac;
which will become more evident when IN
ier,st rates decline. For some time past
il has been more profitable 10 own money
tLan stocks. Before very long the reverse
will probably be true.
Growing Interest in Farming.
AZ agricultural demonstration train, m
charge OF professors from the Colorado
State Agricultural College. recently com
plotod a nine DAYS tour over the Denver
Fl & Rio Grandc Railroad. in Colorado. The
, principal subjects touched upon were po-
iato growing. alfalfa production. the
growing OF sugar bects, dairyins and live
stock Twenty-ninc stops were made in
the principal farming sections. and A to-
taI of 1856 persons attended the lectures
and demonstrations. The appreciation
If and interest in this kind Of work on
tho part of the farmers OF the territory
served arc best indicated by the fact that
the attendance OF this train showed an
increase Of % per cent over that OF the
train last operated, and Of more than 800
per cent over that OF the trains operated
three or four wears aeo.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
Railroad Earnings.

The terrible disaster wrought 10y the
storms and floods throughout the MIDDLE
West will be exhibited in the reports OF
railroad earnings for the months of March
ard April. Up 10 the time Of the begin
ming of the storm the prospect ioi ran
,oad lines throughout the western coui-
try seemed very bright Gains ~ ootn
cross and net were shown in February
End business reports from trade anu in
dustrial centres indicated continued uai-
nc demands which would insure for NE
next few months. AT least. comiortaDie
what effect the floods will have or INC
railroads cannot he estimated, but II VIII
hc considerable and will come as haId
blow in view OF other burdens when inc
ailrnods In 10 NarrN.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
German Financial Position.

The present situation IN Germany iinan-
ciaIly resembles a pyramid which mas
reached an extreme height. with small
base. Had IL rot been for the United
states the Eeichsbank's position would
have been critical. but fortunately this
country was sufficiently strong 10 supply
many millions Of sold and assist ma
terially in avoiding d panic. Now that
the main danger seems TO have passed the
question arises. What would have nap
pened in this country under similar cir
cumstances? Looking back 20 the panic OF
1907 a picture is shown Of what did hap
pen and how in the mids; Of magnificent
crops and booming trade our banks were
forced 10 suspend payment. crops were
stagnated and securities sold Toy a mere
bagatelle Had It not been for sdcs insu-
buttons as j. Pierpont Morgan & 60. and
other banking interests the havoc wrought
might have been d great deal worse The
lesson was an expensive one. and IT -
hoped that Congress will awaken 10 the
inadequacy Of our present banking anc
currency system and Hesitate some reilel
which will do away with the archaic meth
DDS Of the present
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
CURB ECHOES.

Last weeks for the first lime. inc casey
Cobalt mines went on regular ploduc-
ton basis OF 5000 ounces
The deal by which the English syndl-
cate was to take over the City OF Cobalt
Mines Company has been called of, and
the $4,000 deposit was returned by an
order OF the court \ number OF stOCh-
holders protested against tho sale or the
property to the English syndicate, claim,
inS that higher price can be obtained
than was offered by the foreign syndicate,
aud the court issued an injunction against
the sale.
The Horn Silver Mining Company re-.
ports for the year ended December u
last as follows. Receipts from ore mined
By the company. sl20,5iS; receipts from
orc mined by lessecs, Sl1.o3l; other m
come s1G,4O7: total receipts. 81 9o,9sl ,
operating expenses at mines, including dc-
veopmcnt and repairs, SIG, 80; balance,
s24515: general expenses AT New York
$14,G65 profit for the year. sl0lc2. nc
net profit on store account for the year
was 81 01J.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
Pacific Tel. and Tel. Company

The Pacific Telephone and Telegraph
compsnv has Issued its statement Tor ne
month OF February, as follows.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
BRIEF NOTES OF FINANCE
Paragraphs of Current Interest
for the Investor.

Decided opposition TO the entire removal
OF the tariff on sugar is beinG exhibited
by members Of the Pacific slope Beet
Sugar Association. recently organized IN
California by fifty representatives OF the
fourteen beet sugar planters in that state
statistics are being prepared 10 he Tor
warded to Washington 10 prove that an
Industry Yielding millions to beet raisers
will be greatly damaged if the present
duty is removed from the imported prod
uct II is said that til. removal OF the
tariff on sugar will be more serious for
California than any other state, and that
il would mean the abandonment of thou
sands Of acres now devoted TO beet cult
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-30
PUBLIC UTICITY NOTES.

\ series or bills have been Introduced
IN the Illinois Legislature when were
drafted by the Chicago City Council pro-
Wiling for municipal regulation o. gas
electric and telephone utilities. ana the
nNir. OF maximum rates Tor the same.