davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1913-08-21
STOCK MARKET REVIEW
Early Strength Sends Prices Up
in Most Issues.

Assuming that affairs were better IN
Mexico, with a characteristic recovery
OF favorable sentiment, the supporters
of the stock market Yesterday opened
prices higher. with a moderate degree
Of activity. Short covering materially
assisted the Improvement during the
first hour. after which the tone settled
into comparative dulness and prices
displayed a slightly sagging tendency
The acknowledged leader among the
hullish issues was United States steel,
which supposedly was being accumu-
lated by new, powerful interests WHO
have not figured on the construction
side of tbe market recently. On the
other hand, it was stated that the bull
crowd who had been instrumental IN
sending prices up during the last sew
eral weeks had retired and Withdrawn
bids from the market.
There were several strong stocks IN
the list, including the coppers, the IN
terboroughs and some specialties.
Southern Pacific was slightly inclined
TO weakness, rejecting the uncertainty
in Mexico. but its decline was only
fractional and had little effect on the
market as a whole. There was moth
ing IN the overnight developments.
however. TO warrant any feeling OF eX-
ultation Oh the part of traders except
the Improvement in foreign sentiment
and the action Of the local market
later in the day became very slow,
while prices receded> from their high
points.
one OF the surprises Of the day was
the news from Washington that Sen
ator Owen had turned critic Of the
proposed currency bill, Of which he
has been looked upon as proud par
ent In many ways such a move was
regarded as unfortunate as 1t prom
ises. If nothing more, q retarding of
the currency question to a point which
would seem TO make II Impossible 10
secure definite legislative action during
Tie pItStul StSSloIs
A feature of the monetary develop
ments of the day was the announce
ment Of an importation of 100000 of
gold coin from Argentina, which will
arrive here next week. This informa-
tion was especially commented on, as
the arrival Of this gold VIII he the first
consignment on record from South
America in several years. The weather
report and crop news as a whole ap-
peared 20 be more favorable, and the
market presented the appearance Of
having a strong undertone, notwlth-
standing the distinct professional
character Of the days transactions.
The volume of business was consider
ably restricted. and there was no
heavy trading in any Of the issues COM
pared with previous days Of the week.
Changes in the money market indi-
Gated by the days movements were Of
slight Importance, as rejecting more
than q sentimental influence. Time
loans were dull and quotations were
unchanged. There was both limited
borrowing demand and few offerings.
Call loans remained easy, with renewal
rates at 2A per cent.
New-York tribune., 1913-08-21
FOREIGN FINANCIAL FIELD
IRREGULAR Market in London,
with Firm CIose-PariS Weak.


tordon Auo 2n-On the Stock Ex-
change to-day realizing sales at the oe-
ginning caused a decline in prices NANNY
due to uncertainty regarding the Baikaii
situation. In the afternoon an improve
ment began which sent final quotations
above Yesterdays closing. the iater
news Of the day seemed favorable 10 ooth
Mexican and Balkan affairs. this impart-
ing more cheerful feeling
After a quiet opening American secur'-
ties rallied, and Wall street buying IN
the afternoon resulted in a firm close
pnsuls closed \ higher at 1893 FOR
money and 73s. for the account. Cana
dian Pacific closed 1hs higher at 225.
Gold premium at Madrid to-day was
7.75 against 7.S5 yesterday; at Lisbon
Il, unchanged.
Paris, Aug 20.--Inactiyity on the
Bourse to-day resulted in sagging ten
dency. with lower prices at the close.
Three per cent rentes were 30 centimes
lower at SIS francs 90 centmes for the
account
Exchange on London, 25 francs 25it CEN
times for checks.
Private discount rate, 3% per cent
Berlin. Aug 2O.-Eiigher prices were
recorded on the Boerse to-day. Ihe
Balkan situation was held 10 be more re-
assuring.
Exchange on London. 20 marks Az
pfennigs for checks.
Money, AZ per cent.
Private discount rate. per cent
New-York tribune., 1913-08-21
AVERAGE OF THE TRiBCNEs LIS
M TWELVE INDUSTRIALS.
NEW YORK CURB.

Apart from the activity and pronounced
strength I'm United cigar stores com,
mon. the curb yesterday was devo!q OF
snccial feature Trading was connncl
~ a comparatively small number or
issues and while prices moved irresu-
larly, the general tone was hrm. MAI
conf OF America rose a fraction on hsht
purchases. Tobacco Products was
shade drmer. I'm the mining department
Nisska Gold Mines alone showed activity,
but the price scored a slight recession.
Tonopah North Star made a new low
record on the present move by selling AZ
ried II nm to SIC closing Merger was
also weak in the early trading at SSc;
hut later on was 69c bid. West End
continues 70 hold firm at 81 5-l6. ana
belmont at $67s. Midway changed hanIs
a., i-C and linn Butler AT 62c TO 63c. At
Ianta was sold at l5c and Nevada Hills
at 9ic The market closed firm.
New-York tribune., 1913-08-21
MINING.
U. S. TREASURY FINANCES.

Washington. Aug. 20.--The condition Of tho
United States Treasury at the beginning Of
business to-day was: Net balance In general
fund S127. .S7i,2 ,256; total receipts yesterday,
s.. .as5 7s6; total payments yesterday, 50 100
be4. The deacit this fiscal year is SIS, 9s7. .475.
against a deficit OF 1858, ,996 last year. ex-
elusive OF Panama Canal and public debt
transaction
New-York tribune., 1913-08-21
DIVIDEND NOTICES.

The New York Air Brake Company.
IGj Broadway, New York. August 20. 1918.
The Board Of Directors has this day de-
clared a quarterly DIVIDEND % ONE AND
ON. HALF PER CENT. Gi2C1. payable Sep
temter Is 1913 20 stockholders II record at
the close of business September >. 1919.
The transfer books will not close.
checks for dividend will hc mailed 20 stock
holders ar the addresses last furnished 70 the
Transfer Ofce.
New-York tribune., 1913-08-21
FINANCIAL MEETINGS.
The American Agricultural
Chemical Company

Notice Is hereby given that the Annual Meet
ing ~ this Company Will be held az the ofics
of the Company, Garfield Block in the city
Of New London. Conn. on the liTH DAY OF
SEPT EMBER. 1913. az . O'Clock r. ". Tor tbs
purpose ~ electing a board Of directors for tbs
ensuing year. and FOR such other business a.
may be brought before the meeting.
The transfer books Of both the Preferred ard
Common stock Will close az 3 o'clock on
TUESDAY. SEPTEMBER .. 1913. and remain
closed until 10 o'clock 4. VI. on FRIDAY,
SEPTEMBER 18th, 1913
rrnr, IL. rON, I. L,P sac-etarr
New-York tribune., 1913-08-21
By order Of executor.
AH.,t.n.I nuaL

10 Garfield National Bank. 23o
. 2I5 Exchange National Bank. Pittsburgh
Penn per snare ....-....... ........ $40
10 Meyer Jonasson & co.. Of Boston. pref. .3s
10 Chemical Refining Co lot .............S5 So
/. 70j Exchange National Bank Pittsburgh.
Penn. per snare .........t.. t......... $40
81 600 Consumers Park Brewing 60. Of
Brooklyn first mortgage per cent gold
BOND, lot ........+ .+..-.. ............ $500
10 Consumers Park Brewing Co. Of Brook
b United Wine and Trading CO.; lot. $40
New-York tribune., 1913-08-21
Furnished by W. y. CoIer & Co. No. q Cedar
street,
Accrued interest 10 be added)


Coupons interchangeable tR.glstered. tCou-
pons. .Reglstered and coupon
New-York tribune., 1913-08-21
NEW YORK STOCK EXCHANGE QUOTATIONS

Wednesday, Aug. 2oTos sales for the day. 1910" '""" ~
with 351,7S0 for the day in 1912
to August TO- inclusive oooofos4 sna'0'
922se,457 shares fol- iod in 1912
New-York tribune., 1913-08-21
NEVADA QUOTATIONS.
ToNoPAIIs.

FURNISHED daily by Weir Bros. & Co. No. %
Broad street. New York;
August 90 1918.
New-York tribune., 1913-08-21
SECURITIES AT AUCTION.

The following securities were sold yes
room by adrian Il, Muller g. SON
New-York tribune., 1913-08-21

THE BACEE REVIEW
,,,o,,sjns this week: The Government In
the Banking Business and How 1t Works;
discussion OF Eject on Money Situation:
OF the Governments Deposits; Bepehcial
Results from the successful Uuion-south-
en- paclhc T,nderWriting; Southern Pacific
Stock a Purchase; Diagnosis OF the out
look
Copies free on applica uon.
Advice to Individual investors by CORE
spondence, on request.
s. BACHE & co, ~ Broadway. New York.
Members New York stock Exchange.
New-York tribune., 1913-08-21
FOREIGN GOVERNMENT AND MU-
NlCIPAL BONDS.

by Zimmerman & Forshay. No 9
VI,
New-York tribune., 1913-08-21
RAILROAD EQUIPMENT BONDS
AND CAR TRUSTS.
London New York
H.. x.srfr
tMaturins iel3-'2T)

FURNISHED by Swartwout & Appenzellar. No
~ Pine street.)
New-York tribune., 1913-08-21
BANK STOCKS ON STOCK EXCHANGE.
NEW YORK BANK STOCKS.

FURNISHED by : ~ =. Pel Co. No 81
Wall stTeetJ
New-York tribune., 1913-08-21
INOUST RAILS.

,r.urri.n.d by Harry p Thompson & Co. No
oS prpaA stTeet.D
New-York tribune., 1913-08-21
SHORT TERM NOTES.

Maturing i9i3-25p
FyrnIshel by Swartwout a Appenz.lar. No
~ Pine street,
New-York tribune., 1913-08-21

Total sales for tho day. 1903. 600
New-York tribune., 1913-08-21
GUARANTEED STOCKS.

-nished by bingham Lawrence 4 Co No
III Broadway
New-York tribune., 1913-08-21
TRUsT I'D suRETY coMPANIEs.
NEW YORK CITY BONDS.

'Sew stock
New-York tribune., 1913-08-21
GAS AND ELECTRIC COMPANIES.
New York

'Interest to bs added.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
PRES. MElLEN'S CAREER
RETIRING PRESIDENT OF NEW
HAVEN ROAD.
Began as Railroad Clerk In New
Hampshire.

Boston.-Unable longer 10 with
stand the pressure of public opinion
in New England, which has been
clamoring for his retirement, the
scathing denunciation of the Inter
state Commerce Commission and the
protests of the stockholders com
mittee against the mismanagement
which caused the value of New Haven
securities TO shrink almost TO the
point OF extinction, Charles Sanger
Mellen has stepped down and out leav-
ing the task of re-establishing the
road on a safe and sane financial
policy to be undertaken by others.
President Mellen's Career
1851, Aug. 16, Born at Lowell.
1869, Sept %, Began railroad ser,
vice as clerk, cashiers Office, North
ern New Hampshire II. II.
1928, Clerk TO chief engineer
Central Vermont r. r.
lS73-S0, Successfully superintendent
clerk 10 chief clerk, assistant treas
urer of Northern New Hampshire,
r. r.
1sO-SS, Successfully assistant 10
manager, auditor. superintendent and
general superintendent on Boston &
Lowell X. r.
1SSS-92, Successfully general pur-
chasing agent, assistant general man
ager and general traffic manager Of
Union Pacific.
1890 General manager New York
& New England r. r., Boston.
1926, Second vicepresident New
Haven X. r., Boston.
1S96-1903. President Northern Pa
cifc.
1903, President New Haven r. II.
1910, President Boston & Maine r.
X.
1913, July 9. Resigned presidency
Boston e Maine r. r.
1913, July Il. rendered resigna'
tion of presidency New Haven II. r.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
MUST KNOW THE ROAD
NEW HAVEN REQUIRES TWO
YEARS EXPERIENCE.
Order Issued As Outcome of Siam
ford Wreck.

Boston.-An engineer who operates
an express train on the New YORK.
New Haven 4 Hartford railroad here
after must have had two years road
experience and have complied wit1
other requirements designed TO assure
the management OF his competency,
Local train engineers must have had
a previous road experience OF one
year.
This was made known in state
ment by the railroad company EN-
bracing an order issued by General
Manager Clinton l.. Bardo with re.
spect TO the assignment OF engineers
TO passenger trains.
The issuance OF the order is an out
come OF the Stamford wreck investi'
cation. and is described as in compli'
ance with the recommendation Of the
interstate commerce commission and
the public utilities commission OF
Connecticut. The order reads:
Engineers must not be permitted
TO operate passenger trains except
under the following conditions:
"First-They must have two years
previous road experience for through
trains and one years previous road
experience for local trains.
"Second-They must have certit'
cate showing that they have passed
all Of the required examinations. a
watch certificate and n certificate or
competency based upon n personal
observation and knowledge of the
road foreman of enginess and master
mechanic and approved by the division
superintendent. A copy OF this GER
tihcate must be given TO the engineer
and a copy filed in the division rec
ords.
"rhird-No engineer must be as
signed TO passenger trains without the
prescribed service qualifications or
certificate of competency. unless he
is accompanied by a road foreman
of engines or other competent EN-
ploye, who will remain with, and oc
responsible for, him until his compe'
tency is established.
"Fourth-No man will be promoted
10 the position, or employed as an
engineer or take rating as such, until
he is furnished with the prescribed
certificate Of competency from the
road foreman of engines aud master
mechanic and approved by the divi'
sion superintendent, copy OF THIS
certincata IN be filed In the division
records"
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
FORGOT DESIRE TO QUESTION
chairman's Reception OF would-Be
interrosator Somehow Discovered
the Rest Of Them.

At n political meeting in a certain
New South Wales gold-mining dis
trict the chair was taken by an ath-
letic miner. The candidate during
his speech was much Interrupted by
hootings and rough chan. and his
chairman was soon in state OF boil
ing Indignation. Smothering his
wrath. however, he pacified the
boys" by assuring them that at the
end OF the candidates speech they
should be at liberty to put any ques'
tion they chose. Accordingly. at the
end OF the harangue he arose and In
quired In stentorian tones and In a
rich Irish brogue; His inny gintle-
man a question 10 airsk?" A stout
little Welsh miner. who had been n
conspicuous disturber OF the peace
OF the evening. shutiled slowly up the
steps OF tho platform. But at the
top he was met by the chairman,
who, without the slightest warning,
delivered terrific left-and-righter,
and sent the Welshman sprawling on
his back. "Now." roared the chair
man. has inny other gintleman a
question TO airsk2"-and there was
no response.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
CHARGES OF MONOPOLY
TELEPHONE BUSINESS IN STATE
OF VERMONT.
Commission Appointed BY Go,
Fletcher Makes Report

Burlington, Vt-Charges Of mon
opoly and domination of the telephone
business in the State of Vermont by
the New England Telephone and Tele-
graph Company and an order for a
20 per cent reduction in the toll
rates within the State limits are con-
tanned in the report OF the commits
sion appointed by Gov. Fletcher TO in
yestigate the telephone situation.
All classes of tolls, the commission
orders, are 10 be reduced 20 per cent.
Several specifications are laid down
for the conduct of business and resi-
dence party line phones. And then
the commission goes on 10 say:
The business control by the New
England Telephone and Telegraph
Company is accomplished by means OF
the ownership of a majority of the
stock in companies either organized
or purchased. The companies were
created for the sole purpose Of stamp
ing out competition. Every company
of importance is dominated by the
New England Company through So
called traffic and purchasing agree
ments.
These agreements are full OF pro-
bibitory rules and regulations which
the subordinate companies must OBJ
serve if they want connections with
the New England's lines"
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
GIVES OUT STARTLING FIGURES
Gov. Foss VIII Move Sturtevant Blower
Works Across Border

Boston.-If reciprocity doesn't be-
come a national issue pretty soon. IL
will not be Governor Foss's fault,
judging from further startling figures
OF American investment in Canada,
which he made public recently.
Il believe il is conservative state
ment 10 say" reads the governor $
communication, that up TO date al
least S50O,000.000 of American money
has been poured into Canada in the
building up of American properties
across the border"
The governor. who is also the prin-
cipal owner OF the Sturtevant Blow.
er Works, which is preparing 10 es-
tablish a branch at Gault, Ont. gets
right down 10 facts.
Thus for example" continues his
statement, lit is we'll known that the
General Electric Company has a very
extensive plant in Canada; also the
Westinghouse Electric Company, the
oliver Chilled Plow Company, the In
ternational Harvester Company, the
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25

American Locomotive Company. the
American Blower Company. the But
falo Forge Company. the Plymouth
Cordage Works.
In many instances the plants
which our manufacturers are esta0-
fishing in Canada are directly own
ed and financed by the parent con-
Germs in this country. and in some in
stances, even the payroll is met by
the weekly shipmet of funds from
the American parent concern 10 its
branch in Canada.
Undoubtedly the development OF
Canada in the next twenty-five years
will be relatively greater than in the
United States. This fact impels en-
terprising concerns 10 fortify them
selves by locating within Canadian
borders.
so far as my own business is con-
cerned, our folks have for years
been urging me TO move ii TO Can
ada, saying that We are losing busi-
ness; but said No that isn't the
way So | went into politics"
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
lenaI Opinion.

"A cat sits on my back fence every
night. and he yowls and yowls and
yowls. Now don't want 10 have
any trouble with Neighbor Jones, but
this thing has gone far enough, and
| want you to tell me what to doY"
The young lawyer looked as solemn
IA an old, sick owl. and said not q
word.
81 have a right TO shoot the cat
haven't II"
81 would hardly say that" replied
young Coke Blackstone. THE cat
does not belong To you. as | under
stand IT,"
No. but the fence does"
Then" concluded the light OF law
Il think IL safe TO say you have q
perfect right to tear down the fence.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
LARGER BUSINESS THAN EVER
IN 1912 THERE WERE 1,4oo, 900
VACATlONlSTS
What the Summer Resort Business
Means for New England.

New England is undoubtedly doing
this year the greatest summer resort
business in her history. Figures COM
piled indicate that about 1,400,000
people spent their vacation within the
confines of New England in the year
1912, and the reports so far show
that this number will probably be
greatly exceeded this year.
Last year there were 4406 hotels
and boarding houses in New England
with a total number of persons ac-
commodated it would probably be fair
to multiply the total capacity by six.
figuring on the average vacation be-
ing two weeks and the season to con-
sist of twelve weeks This would give
1882, SAC persons accommodated in
the season. Estimates based on these
figures and from the reports Of hotel
keepers would place the amount spent
by these vacationists atf roughly,
100000, 700.
That the summer resort business is
one of New England's leading indus
made with her agricultural figures.
Teh total value of all of New Eng
lands crops in 1909, as given by the
Census, was s141,113,S29. The total
value OF her dairy products in the
same year was s50,720,766, or about
half the estimated amount which
summer visitors spent last year.
There is probably no other region
of this country where so much is
reaped annually from summer board
ers.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
Saws eoGo Have tuberculosis.

Boston.-The average layman is
better educated as TO the danger and
the prevention of tuberculosis than
many doctors, according 70 the state,
ment before the Legislative Tubercu'
losis Investigating Committee of DR..
John B. Halves, secretary of the board
of trustees of the Hospital for Con
sumptives. He said: out of all the
people, fully 90 per cent have tuber,
culosis, and many of them never
know it. This is because many doc
tors haven't the knowledge to dag
nose a case correctly"
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
RUN ON BANK.
New Haven Savings Institution Vic
tim Of Absurd Rumor.


tim Of Absurd Rumor.
New Haven.-Thousand OF dollars
were withdrawn from the New Haven
Savings Bank-regarded as one of the
strongest banks in the state-in an all
day run on the institution. The bank
paid all depositors promptly and Is
sued several statements, declaring
that the bank was sound and that
there was no cause for alarm.
The rumor affecting the bank start
ed in an unfortunate manner, as tho
result of over-zealousness on the parI
OF solicitors seeking deposits for a
bank that has started savings de-
partment. It's solicitors stated that
National banks are more solid than
New Haven savings banks and the
public cut off the letter s. and con-
strued the statement to mean that tho
New Haven Savings Bank was not
solid.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
Refuses TO Pay Dues.

Boston.-Albert F. Pillsbury, for.
mer attorney general Of Massachu.
setts. has refused 10 pay his annual
dues 20 the American Bar Associa-
ton because Of the action of the as
sociation at its last convention In
drawing the color line and applying
the gag rule Attorney Pillsbury says
the association is no longer a bar as.
sociation in any proper sense. but has
turned into a sort OF Bourbon club.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
New Trial Is Denied.

Boston.-The motion for a new trial
for Herbert Myrick and James Nj.
Cunningham, of the Orange Judd
Northwest Farmstead, farming pub
lication printed at Springfield, on the
charge of conspiracy to defraud the
u. s. postofiice department by sub
mitting alleged false statements rela-
tive TO subscriptions to their publica-
ton, is denied in an opinion handed
down by Judge Morton in the u. S.
District Court. The defendants were
convicted last spring by a jury in
the Federal Court in this city.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25

Boston.-Gov. Z. n. Foss has come
out with a statement condsmning the
Democratic Congress for its tariff
LEGISLATION and announcing that in
the future he would do the greater
part Of machinery manufacturing In
Canada. This statement followed the
announcement thst the b r sturte-
want Co. the concern which the gov
ernor controls. had purchased fac
tory In Calf. Ont
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
NEW HAVEN SPENT ss,5oo IN THE
LOBBY.
Various Items Show Expenses to
Cover "All Matters"

Boston.-The ~ Haven railroad
has filed its lobby returns" at the
State House.
The railroad says IL spent just
$500 in advancing or retarding leg
islation during the session.
The law firm of Coolidge & Hight
was paid $4,000 for "all matters" and
Arthur p Russell was paid $4,000
for "all matters"
There is no specification of expense
on the Trolley Merger Bill or the
Washburn Bill, which the New Haven
succeeded in passing over the Gov
ernor's veto.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
Baby Girl With No Skull.

Fall River-An unusual case which
is puzzling medical science is that at
tending the birth of a female child
here. The little one was normal in
every way with the exception OF the
head which was minus the skull, as
a result of which the brain was ex'
posed.
The top OF the head, less than an
inch above the eyes, was missing, hay
ing the appearance of having been
cut off, the brain showing at least
two inches above the base OF the
skull. The little girl died.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1913-07-25
Returns $1,000 Loot BY Mail.

Lowell, Mass.-The burglar who
ransackcd Robert B. Woods home
in Lowell recently and took $1,000
worth Of jewelry. turned penitent and
sent back most of the jewelry by mail
from Reading Mass.
TWO pieces are missing-a solitaire
diamond ring and three-stone dia-
mond ring. In place of the three
stone ring the burglar sent one set
with artificial diamonds.