davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1913-07-15

Albert B. Ashforth has sold to an IN
vestor for the No. l06 East 18th street
Company the twelve story loft ana once
structure at No. 105 East 18TH street
The property was purchased year ago
by the selling company. when lnlpFo'eu
IL. from Webster B. Mabie & co.
Horace $. Ely & Co. have leased for
term of years the Kip House, No. iS
Fifth avenue. situated on the west SIDE ol
the avenue. between S9th and 10Th streets
and adjoining the Wendell property Inc
lot has a frontage on the avenue oil %
feet by a depth of 10 feet. The bclldlhS
is a four story dwelling and VIII be al
tered for business purposes and occupied
by the lessee.
l.. !. Phillips & Co.. have sold for Mrs.
Minnie Banner. represented By ;. MorrhI
Banner. as attorney. the six stoT! ele-
vator apartment house with stores known
as the Briarclin. at the southeast corner
OF Broadway and 1921 street. II occupies
a plot 99.llxlOO feet. and has been bought
bv an investor. The Carolyn Court apart
ments. at the opposite northeast corner
were sold last week by the SaSuenay
Realty Company to the New York Real
Estate Security Company.
II was reported in the real estate mar
kct Yesterday that the Hotel Seville at
the southwest corner of Madison avenue
and 18th street. is the buyer of the two
adjoining parcels on Madison avenue
which were sold under foreclosure pro-
cldncs yesterday
The hotel ia controlled by LOUIS L.
Racgener and John J. Gibbons anu
Judge =. Henry Dugro was formerly as
sociated with them i'm the ownership. Inc
property sold at auction yesterday was
DISPOSED Of at the stand of Joseph T.
Day. and involved Nos. Sc and $ Madison
avenue. consisting Of two four story
dwellings,. on plot i9.iX95 feet II was
knocked down to Samuel Goldsiicker on a
hid Of $3.50 over prior mortgages and m
terest. amounting to Sl52,oSl making the
knockdoun price sl65.eSl. Mr. Goldsticker
has representcd the hotel owners IN other
realty deals
4 j. Madden and D. \. Trotta nave
sold for Jesse Burns No. 1851 Washington
avenue. a four story fathousc, on lot OK
100 feet
u. 4. Trotta and \. J. MADDEN nave
sold for Edward r. Koch, the plot VpNl''
feet on the east side of Prospect avenue
rs feet north Of lS3d street.
New-York tribune., 1913-07-15
COUNTRY LEASES.

De Blois and Eldridgc leased for the
]. - r. Baldwin estate their Mace on the
corner Of Bellevue and Narragansett ave
uues. Newport. Il. |, TO Joseph Larocque
foi the summer.
Pcase & Gilman have made the follow
ing leases: st RE. y y, I'm Kirby Lane.
near the Manursing Island club, FOR wal
drou Williams, his Bonita To Charles
E,ming: al Belle Haven. Greenwich, Conn ,
In Mcadowwood Drive. FOR William ID.
Faris. his villa TO Charles W Walther:
and at Pelham y. y, In Gin avenue, for
Captain Daniel Delehdnty, his stucco
dwelling house 10 Ignata H. Rosenfeld.
New-York tribune., 1913-07-15

New York. July Il 1913.
GRAIN-NHEAT-R Of black rust
IN the Northwest. which can usually be relied
rlpon as appearing about this time Of year,
ciined about SC a bushel the previous Weea
there was a fair upturl on covering, the mar
ket closing az net advance Of -z044c shorts
were the best buyers, and the action Of the
market was believed 10 be due more 10 teen
nical conditions than 20 any change IN the
situation generally. Receipts at Western points
we're again heavy. and the visible showed an
increase for the week Of $4,000 bushels. bring
ing the total in the United States 10 % S43uVV'
compared with 2oOS4 600 last year. when theIe
was decrease Of $4,000. Foreign markets
we're lower. especially on the Continent The
advance in freight rates and improved crop
pros pects appeared 10 have taken the edge OF
the export demand and bids were usually out or
line sales reported amounting 20 only Is loads.
No 2 red winter wheat was quoted 9ic, a. 4 =.
arrive. No ! Northern spring. 81 Ooia Z 10
afOat. CORN-There was active covering
movement in corn and prices were rrn ana
higher. closing at net gains Of 1ls0llzc. The
OF high temperatures IN the Southwest and
hrmness in the cash position. as we'll as on
smalle~ receipts al Interior points. The visible
decreased 37S,0 bushels for the week, bring
Ing the total TO 1l2I7Oo0 compared with g.
3T2 0OO last year. when there was decrease Of
aaoat OATS Moderately active and feyerish,
closing az es0llsc net higher. Shorts were
good buyers, hut there was considerable press
ore on the advance. owing 20 liberal receipts
els compared with a decrease last year Of I12.-
COO Cash market quiet, standard white. 4iG
44Nc. no .. 45c. No 3, 43i2d44c; No {. 430
AZ &c; ordinary clipped 43lad44i2c, fancy, 4jiz
G46isc all elevator RNE-Easy; No . West
ern go o. ! T. New York export. BARLEY
ma 1
New-York tribune., 1913-07-15
LIS PENDENS.
JULY it

GREENE ST. 5. l12s n n 90 West Sd 81.
20 SXST. .: the Commonwealth Insurance Cn of
New York agt Annie Brown et al foreclosure
OF mtg: attorney. q A Lewis.
WEBSTER AVE. s. 1887 II OF fremont
ave. T5x15s IL: Lincoln Mortgage co agt Ray
dolph Realty co 81 al foreclosure OF mtg); at
torney. n Bumcnthal'
ZEEEGA AVE >. 791i n Of Maclay
ave 2OlNTb3. Henry T Fowler agt Ierega
Avenue Improvement Co ct al foreclosure OF
mts): attorney, : II Brown.
t22D ST. II East: Equitable Life Assurance
Society Of the United states agt Regina L
Reese et al foreclosure OF mtg. attorneys.
Alexander & Green.
2t5rH ST, 8 g. 500 II OF 10th ave, 5Ox
90. II. David W Brown et al agt Charles W
Lean ct al partition; attorney II l. Franklin
New-York tribune., 1913-07-15
MOLAsSEs AND sYRUPS

scasonable demand for molasses and syrups.
with prices unchanged.
OIIS-Rcfued petroleum steady and un-
changed. Iiusced oil steady.
RICE-Steady With a fair iobbing demand.
Honduras grades continue scarce. but the
ample supply OF Japans discounts this TO
some extent
SJGAR-Refncd hrm, with all rehnerS said
10 be quoting 4.6Oc for hnc sranulated.
Withdrawals were good Raw trm, with
sales reported OF - 600 bags in all at
. T-S2C July clearance TO the Federal part
Of which was made Friday. spot prices
were 3.5Tc. for centrifugal 90 test; 3.OIc for
muscovado. 50 test. and 2.S2c for molasses.
50 test In London beet sugar early vas
fgt and lower. IL 9s 8 d for July, 9s I'D
for August. and gs 3a,d FOR October Decem-
bcr The London curb market was nat at
gs I'D FOR July. 9s I'D for August, and 9s
.3i4d for october December
EB:(
New-York tribune., 1913-07-15
ERATlONS.
The Bronx,

TAYLOR AVE. v "or Van Nest ave. 20
tVo 3 sty frame Dwellings and stores 20Nao
.ON4S: Benjamin Chids. lIo1 TAYLOR ave. own
er. + J Kelly. 7S2 Morris Park ave. architect;
cost 81 500.
NORRIS PARK AVE. " cor Van Buren,
81; to 3 sty frame stores and dwelling, - 1X
So. Henry Bussng 5lS Van Nest ave. owner
r ] Kelly. 7S2 Morris Park ave. architect
cost 81 500.
VAN NEST AVE >. i5 II OF White
Plains ave: 20 n sty frame store and dv ell
ing 2i6N56. Otto Hassod. 663 Jackson ave.
owner: ! Kelly, 7s2 Morris Park ave. archi-
tcCt. cost SO Ofn
New-York tribune., 1913-07-15
GETS CONTRACT FOR SCHOOL,

The J. r Brady Company No io3 Park
avenue. has been given the general con-
tract for the erection of the half a million
dollar high school. 10 be erected by the
Church Of 81. Ignatius Loyola. on "A plot
l25Nl93 feet, extending from Sith 10 Sth
street between Park and Madison ave
nues. II will be a five story structure, de-
signed by Maginnis & Walsh. OF Boston
New-York tribune., 1913-07-15
Manhattan.

LUDLOW ST. lGj 25NsT6; Klara Josephsohr
10 Michael Josephsohn. lOj stanton 81 prior
mtg. $6i.OOUl, 8 yrs. per cent. July :. 81 900,
attorney. NaNcnbaum. l2I stanton ~.
LENON AVE, e. =. 3OB n - l27th 81.
lB.6N>5. Henry Meyer to Henry SchWanewedc.
sol west l22d IT prior mtg Sl6UOl. yrs. d
per cent. July II. 5000. attorney, Geo II
MADISON 81. 256. =. .2sxso Essex st.
- 20, 5. J0Xil, Essex st a.. =, 3oxG6.S
Broome ~, 26O-2G4. n g. rs 2N-; Mary ONoill
and ano. trustees. to Julius NJ Lowenstein. II
West s0th st. June 10; due as per bond. $500
address. i49 Broadway
18TH ST. 227 22D West. 3 sty brk. 42A9s 9.
Sarah Frledlander to Title Guarantee & Trust
CO.. due as per bond $4,000, address, l76
Broadway.
GsTH sT. 20 West. sty brk. i0xiOo.i. Er-
nest Meyer to Title Guarantee & Trust co, l76
Broadway. due as per bond. $4,000
lOOrH ST. lS3lsj East, O sty brk 1XloO II;
Aaron J Friedman TO Minnie Brucken, 307 W
10Th st; July IA; yrs G per cent. 5000. az
torney Herman Gottlieb 800 Broadway
10TH ST. s. IS n W OF Park ave, a5X
oil; Sadie Froelichsten 10 Abraham Weiss.
81 East 1880 81; June 30: yrs. per cent
50 900. attorney. Leo Schafrau 81 Chambers st.
The Bronx.
LOT 800. map Pugsley estate. Jos Me
Grcgor to Annie G Ruhl $50 East lG4th 81,
July ]; ; yrs, "a per cent; 500, attorney.
u Bergman. 3?la Sd ave.
LOT 80. map Pugsley estate; Carl NJ Wat
/; 3 yrs, 5's per cent; 500; attorney II 4
Bergman. 32l9 3d ave.
RYEk AVE, " ;. 2i51 n OF burnside
st. 5ON-. Nm l. Phelan to wentworth Mort
gage 90. 1904 linton (prior mtg 2,SOo) (;
due oct TO- 1918. per cent: May 10, 5000;
New-York tribune., 1913-07-15
NEW BUILDING PLANS.
JULY -

l56rH ST. n :. ~ S6 II OF Prospect ave
for 3 sty brick synagogue, +oNllI. Austrian
Jrreart,r Schornie HaVa Jonas Weinberger
81 Caldwell ave PRESIDENT. owners. Horen
berger & Birdes. l22 Bowery. architects. cost
$50 600
for a sty brick dwelling. 2l.6N5l. Anna Ryan
Ii .Tumcl Place owner. William Heapy, 2s'
Hawthorne ave, lonkers. architect; cost
$500.
UERMANY AVE = s. i75 n Of 0lmstea,
ave. Tor a . sty frame dwelling. 2oN3O: Frld,
ElsendahI 2275 Powell ave, owner. JohI
schwalbenbcrg aOGO Westchcstor ave. archi
tcct. cost. $500
New-York tribune., 1913-07-15

picked hams firm. 16ilc TALLoW STEADY;
special. 6izC. city. 6c, country. JNt qo+2
LARD barely steady. Middle West. n'1g
ll.6jc; city steady 11%c: refined. steady
south America L. SOC: continent, y l!c; ~
zil kegs Is soc. COMPOUND firm. 9l:g94c.
STEABINE quiet. oleo. 10'2c asked: city lard
l3i4c
COTTONSEED OII-Somc Of the smaller
longs wcre inclined 10 take profits and as lead
ing relners were not disposed TO buy heavily;
the market developed an easier tone and closed
al net loss OF ] 10 points. Local contract
prices:
New-York tribune., 1913-07-15
IN The AUCTION MARKET.

The following transactions were record
I'd Yesterday at the Real Estate EXCHANGE
saIosroom. Nos Is and l6 Nosey street.
e., Joseph =. Day.
MADISON AVE. s6 and IS. " 8. - II n OF
..,b e. SO 4y.5 two { sty dwgs, sold TO sam
Ld Gli,lst,r FOR Sl65e3l
B, Herbert \. sherman.
rtARENONr AVE. lsS. g @, go n OF
10Th 50, iOAlOy. q sty tcnmt' aaJ'1i"'1 ~
f,tt,.
New-York tribune., 1913-07-15
REALTY NOTES.

The NJ. Morgenthau. Jr.. Company an
nounces that A. Brunswick has again as
sociated himself with the company In its
sales and management departments.
l.. Damane negotiated the recent sale
OF the hathouse at the southwest corner
OF Belmont and Crescent avenues for
New-York tribune., 1913-07-15
BUYER OF MoNTcLAlR PROPERTY

Or. G. T. MacChesncy. OF Paterson. is
the buyer OF the Ashland House property
at Montclair. y. j.. recently sold by
Frank Hughes Of Passaic and Hughes q
Witty. of Montclair. The property fronts
2g3 feet on Bloomfield avenue, and is one
block from the new lackawanna termi-
raj. n is located I'm the new business cen
ire Of Montclair and was held at 500 Il
foot front
New-York tribune., 1913-07-15
ROCkAWAY SALES,

G Tans q Son have sold for " Roson-
bloom his cottage at No - Brandreth
avenue TO Mrs. =. BernsZweig who Will
occupy after improving same. and for
Herman r. Epple his summer home at
Nos. % aud - South Pleasant avenue TO
Mrs Marla Berliant for occmnancY.
New-York tribune., 1913-07-15
MECHANICS llENS.
lilly "a

ST PAUI.S PL. : cor Brook ave tIAlV',
Goodman CONSTRUCTION 90 agt Kitchen hedIp
To- owner and contractor: <242 II.
uSr ST l27 West. Morris Levin & Sons agt
Woodbury. g Iargdon. owner. Aetna Buildlhs
60 contractor. SO T5.
t7STH ST =. 96 II OF Crotona fars
North 4SNqf. Richard r Thibsut. Inc aEt y
L-,nslrmcLL-n q. oMMcr and contrac-or. Eny 49
New-York tribune., 1913-07-15
SELLS JAMAICA BLOCKS.

r. /. kilby sold two blocks comprising
siXty-two lots. at Rosedale Park. jamaica
Long Island TO Mrs. j. NJ. Gowel. of
Manhattan. who will improve and hold
the property for investment.
New-York tribune., 1913-07-15
APARTMENT LEASES.

Pedse & Gilman have rented the follow
ing apartments: At No. II East 6sth street
10 Or. Arthur Stein; at No. rs ST. Nicho-
las avenue 10 Valentine Jennewcin and
at No 80 Central Park West to Fred. FL
lott Drlgge
New-York tribune., 1913-07-15
SATISFIED MECHANICS LIENS

4rH AVE. S77. American Circular Loom 90
a4t william " H,rey ct al; April "A. 1918
Sl0i %
RIVERSIDE DRIVE. q :. 1870 q Of
r,qth,st. 50x92 Max Zudeck ast London Con-
str,l,tiJn Co ct Al. July = 1913. $50
New-York tribune., 1913-07-15
RECORDED TRANSFERS.
with name and address ~ purchaser ana
fr~uey.l
lily a
Manhattan.

AVE p. "a g. 10, ilt estate OF jam's Flt,4>'
I % 6ag3 fo-erlosurs May l"; EWl rsahH-,.
| July : sG0Uo. a'tys. Elliott y smith, 80
I'VE a. iua 25exloo Bnas Ressneasm cay 1,o 70
Erresf Y Adler, 1905 lst ave m's >2S'"'''
-RrievNFrr AVE. r. s. 1859 q y .of lNist st.
runs u ,22.s i2.n ave On Nan4e' .,l as 20
beg James Gordon Bennett 20 Robert Gorlon
Veal', 60. G51 West +bth 81. june u, S4'59
att,. NeH York Title Insurance 60. l'' o'"i1
fRosEpr rlf,ss . Is5l Go,I,s Of c5 'l5 F-as St.
l6 ,'5r Msry S.Jh GoI '2 10, 'n.g' nsrs hpr 81
! prH AVE 600 ls 9H62 g. Peter g E.Fh a,d,
90 nj ?, HUGH Reilly. So West 'lst sl 'l.l-
sIl slii'H, Tpa,, J4lE Go "a q Frosduayt @ s,t ''
tsT AVE- 1850. .7NiO0x irreg Nore-losur'
riIg So Edmund Tinsdale. ref 70 Edward
l. r0stsr Ir,iugfon on Hudson. y \ July u.
$1,000. attys Anderson. Pendleton Anaer
,arT sT'' sT. "a, East 2 s,y hrk ioxioo 5,
Usrriet Michel Or ~ % Laura Lehman ~
Past 4a,h -. AZ parts. g. q < June :,
ssTH ST. 80 Wes'. : ~ 9rk lGSloP oSl c,h y,
ave- aIl liens. June -. 81. atty. TITLE Guar
an,ea and Trust co. iT6 Broadway.
SoTH ST. 22s East. 8 sly 9Tk ~ MO- ,l,.,.., :
100 5fh ave. an liens June .. 500. atty,
Jerome \ Kohn. 1900 5th ave
siSr ST p o. l25 n of ist ave. - i1lo-
Eas Eosentauu % Ernest y Adler. 1905 ist
ave tmts Si4 o0o,. July :. 81 .,,oo.,
1uWIH SIT. -. 80 f-fet. hlh nIht 'r'NI''. y
Mimic Brucknsr 90 Aaron J Friedman leg
rri ~ mtg Si6 o00i: ruIv it. 500. ats Her
man Gottlicb 800 Broadway
i"gU ST. n. llS 10 n " ~ Park ave. l''N
ipu n. Fliza r. Wrir to Charles NraN ~
highland Mills. \ y July 10. 81 atty. "a
I2TTH Sr = = 2so.i n of sth ave. 33 tx
g01l. Eliza y Wrlv t1 Charles Wrpr. 20
highland Mills y y. July 10, s.. attornet'
Edmund rpH.r 20 Pine ST.
1sTTH ST Io5 West { sty brk 81 GNHa II
sam Nicholson 20 Annie Nicholson 100 West
l"Ith 81. an liens. july II. sift
The Bronx.
COLLEGE AVE. Va g. 800 n Of l6nth 81.
1915 College ave mtz - oo1l, July II. 500,
attorney. Gcprr" Bockhaus. 1881 Park ave.
Lot lS. block 81. section / of BathEate
estate. Elw sCahill 20 Viola " o'Hsrc. 1881
Use ave ,mtg 5000. July -. 500. nttor-
ne, G. " Baechisr. i12G Walker PNc.
Lot 80. map Pugslcy 'stat. Joseph VI
NcGrcgor 20 carl VI watson. 1873 white
Plains road. y part. July J 500. attorney
Robert Il Bergman. 32lp "a ave.
LOTS 200 and col. same map. carl NJ
Watson 20 Joseph McGrcgor. 1917 walton
ave. - part. July !. 800; attorney. same.
WESTCHFsTER AVE. p " cor l7lst 81.
onStNl.d. Regina Keller 10 John Anderson
all title. Feb ~. 500. attorney. ltt" Guar
aut-c and Trust 90. t76 Broadway.
SAME PROPERTY Mary Keller - nj hy
Monroe Gofvater. gdn. Co same. all title
Untg si5.oom; July 10. $4,000. attorney.
SaUlr.
way south. J0Nl2O Mandel Construction 90 20
" Davis ( son. Inc l0iS Morris ave uut-
$4,000. July a. SiUo. attorneys. Caring
ton a Phelps. 2Ou Broadway.
New-York tribune., 1913-07-15

PROVISIONS Quiet

lower, owing 10 liquidation and easier hog
markets in the West PORK steady; mess.
S23GS23 30. family, S23d$2G; short clear. $50 20
S20Gfs22; packet. SIs@s20 extra India mess
s2sq$ $50 DRESSED HOGS 81 Bae9nS i5'sg
lies, 10 S 1f4c. Il n, 1Gitc. II 10, ljQl5hc;
New-York tribune., 1913-07-15
RECORDED MORTGAGES.

with name and address Of grantee and at
toTncyD
Interest az per cent unless otherwise stated
New-York tribune., 1913-07-15
yIRhil\IA.

LARGE AND SMALL VIRGINIA HAIRnSS lI Sot.
Good land. SIS acre. 6. NllMH"
toWay. Va.
New-York tribune., 1913-07-15
LBy TsIsgranh 10 1he Trlbun.. ]

Louisville July l4.--sHEEP AND LAMBS
Receipts. 1890 best central Kentucky lambs
sold al steady prices. while the Western Ken
lucky and Tennessee lambs sold lower The
top lambs ranged In price from 7iadsc: sec
onds, 54.q6itc, culls. 3iza5c. Fat sheep. 3ia
dlc medium, 2iaq3c, common. fg2lzc
New-York tribune., 1913-07-15
SATISFIED MORTGAGES.

attorney. Thos D Kreuter, 1911 Amsterds
aNe
New-York tribune., 1913-07-15
CASH Quotations.
GENERAL MARKET REPORT.

&C New York IF o b. Elevator
New-York tribune., 1913-07-15
NKW YORK. PRICEs.
INTERIOR RECEIPTS
sEAROARD CLFARANCEs.
EIOIR AND MEAI-Flour va

FLOUR AND MEAL-Flour very Inactive,
mills holding the price FOR future delivery
above the spot basis Spring patents, 81 1J4
s. 10: winter straghts. 81 GGdS4 70; winter pat
ents. 81 sOqS5 %; spring clears 81 ljq$4 30,
extra No winter. So 90qS4 20. No ?, SO So4
81 90. Kansas straights. 81 3O0 81 40. fancy
spring patents. s. 5Oa$6. RYE FLOUR
STEADY. fair 20 good, 50 7o4S3 So choice TO
fancy. 50 9OQS4 CORNMEAL-KNn dried
50 - BAG MEAL-Fine white and yellow.
81 35dS1 40: coarse 81 300$i 35. FEED
Western easy: spring bran. 20 arrive. lQO-ib
sacks S2l TO- middling, S22 lOaS22 90: -four do.
S27. red dog SIS so. city st.ady. bulk. S2l
sacks. S22 TO- middling. $23 G0aS2S 60; red dog.
so 30: oilmeal S29dS29 80
COFFEE-Traders we're apsthetic and
business was small sales amounting 20 $4,000
bags. Price changes were narrow. and ;ster "a
fairly steady tone most Of the day the market
al the close was a little heavy, and prices were
net unchanged 10 points below the hnal OF
Saturday. Havre. Rio and Santos we're closed.
and this may have accounted for the dulnes5
icre but from whatever cause there seemed TO
be little disposition 20 take speculative chances
either way Cost end freight offers from Brazil
were steady at unchanged 10 slightly higher
but the demand vas small and there was com
paratiyely little business done. Adyices from
Brazil said that Northern Europe was fair
buyer Of Rio grades. but that the demand for
santos Is small. Hamburg was heavy closing
81 a decline Of h6A pfenug Spot prices
changed on a basis Of 9bc for Rio Is Local
contract prices.
New-York tribune., 1913-07-15
LIVESTOCK MARKETS.

New York, July IL. 1913
WEEKLY RECEIPTS.
New-York tribune., 1913-07-15

Chicago. July - - HOGS - Receipts.
$1,000 weak 5dlSc lower; bulk of sales
s. S5nS9 10, light s. 50 \ 50 %, mixed. - -
n 50 20; heavy. s. 45Tf 50 O7iz rough. SIS ~
N IS 6j; pigs. 81 30Hs9I 80. CATTLE re
c"ipts. % 600. steady 10 i0c lower. beeves
81 l50sg II: TeNas steers Sass 10. stoCk-
ers and feeders. 81 6u6 81 sc. COWS and heif-
ers. 81 S5G IS 70. calves ss5OlSiO 10
SIGEEP-Rcceipt 1000. steady 10 a shade
higher: native sheep. 81 2jaS5 so. ycarlings
s. ~ n 81 %. native lambs Sc 6pN IS So
Kansas CITY. July 4.--HOGS-Rccefpts
5000. lower; bulk; IS SoG$s s.: heavy sS75
m SS 20: packers and butchers, IS SO4
s. s7is light s. sOqSss7ig: pigs 81 500
s. 20 CATTLE Receipts Is OOo including
5000 Southcrns. steady TO 2Oc lower. prime
fed steers, IS 4ON IS 81. dressed beef 81 6n
g 50. Southern. s. 50n IS II. cows. 81 2Ost
81 heifcrs. Sc son s. s.; stockers and feed
ore. 50 Goa - Co; bulls, 81 2jGS7; calves. S8
1So SHEEP-Rcceipts. 7.o0p: steady 10
1jc lower: lambs. 81 j0qss ycatlngs. 81 -
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-23

Of $4,000 year men, said the IA
nous senator and orator recently. But
as matter Of fact, the kind of talent
needed by big corporations is exceeding
ly rare.
"The question of salary is not the
paramount one.
"The real question is the worth of
men of extraordinary genius. The
great executive who can put corpora
ton on its feet is a genius, There
ought not to be any limit to the salary
OF such a man. Some men with good
regulations have sent promising cor
porations to the wall. The man with
the real capacity would have put them
on their feet, Why. then, should there
be any limit to the financial worth Of
the latterf
uTake Colonel Goethals, for instance.
There's a man who expedited the work
on the Panama canal and saved tho
government probably $100,000,00O An
other man would have delayed the work
five years and added $l00,000,000 to
the cost Think of the value Of such u
man to private corporation. In fact,
salaries don't cut any xel''
And they don u. When a corporation
Of great size wants worthy executive,
the problem ism It chow can we pay his
salary but "where can we find the
man. And the ,0OO-a-year man
could usually induce his company to
double his salary rather than let him
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-23

Of the president of the United States
was raised from $4,000 to $4,000 a
year. In fact, many openly expressed
the opinion that the latter figure was
meager ana inadequate.
Darwin Z, Kingsley, president of the
New York Life Insurance company,
who draws 100000 year, agrees with
Mr. De"ew that the size Of the salary
is of no inheritance.
'The man is the vital question: he
says. High salaries dom make waste
when the right man is at the helm
''Of course, l realize that there must
be a limit TO tho salaries of men in big
corporations trading with the public.
The public won It stand for tho phenom
email In that respect
"What must man do to earn $50,
900 a year7' said James X. Farrell,
president Of the United States Steel
corporation, whose salary is reputed TO
be that sum annually, "Hs must just
earn it,
Theodore P. Shonts, head of New
York City's greatest rapid transit sys-
tenn, said in reply to the same question;
"He must convince the other fellow
that he must have it,
Ebert T. Gary, the most powerful
man IN the United States Steel cor
poration as chairman of the board of
directors, who drew 100000 at one
time and probably still does. AYERS that
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-23
go. But that kind of man doesn t ordi.

go. But that kind Of man doesn t ordi.
naTily deal IN such demands.
Back in 1905 there was q great ex.
posure Of life insurance workings. It
was disclosed that President McCurdy
of the Mutual Life Insurance compa nv
received straight salary Of Sl56,0O0
year, Mr.. McCurdy said that was
none too much-that he had the han.
ding of assets of S440,O00,000.
He said these assets were more than
the combined assets Of the largest banks
in England, France and Germany. This
last statement was found to be inaccu-
rate, but the remark brought out some
astonishing revelations OF the incon
sistencies of the salary question.
1t was found that the salary of the
director Of the Bank Of England was
$4,000 year, while tho president of
the Imperial German bank received q
modest $500.
Furthermore, if Mr.. McCurdy's IS
theory that the presidents salary
should be proportionate to the com
pany's assets were true, the head of
the Standard Oil company would have
received at that time $225,000 q year,
and the head of the United States Steel
corporation s525 900. And on the basis
simply OF the money in circulation,
small fraction of the assets of the
United States, the salary of the presi-
dent would be $T50,000.
Nobody complained whom the salary
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-23

there can be no limitation
and cents in estimating va
n really capable man is como
once said:
''The tendency Of the bus
is not to search for men wh(
low salaries, but TO find me
serve high salaries.
"Can we doubt that any q
banks Of the world could We
forded, as a matter Of souno
to pay the late j, Pierp0n
$l,00O,O00 Il year for his undiS
ices1 In my Judgment, ME-,
services, viewed from the 2
standpoint, would make 2
S1.000,000 a year look smau,
Charles NJ. Schwnb, once pr
the Steel corporation. was
for the large salary which n
at the age of 40 years, consiac
for a big executive. AT 1T
his salary was placed at ~
year. Later it was Learned q
800, 900 plus contingent zee
to be worth about sl25,0OV