davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
ANOTHER DISSOLUTION STEP
U. P. Directors Resign from
Mexican S. P. Board.

Another step was taken yesterday IN
the dissolution of the Union and South
crn Pacific Railroad lines when Judge
Robert S. Lovett Alexander Millar, W.
T. $. ThOrue. +. y. s. Crosby and X. b.
Gerry resigned as directors of the South
orn Pacific Railroad, of Mexico Julius
Kruttschnltt succeeds Judge Lovett as
chairman of the executive committee as
he has done already on the Southern Pa
clnc board. The other vacancies were
filed by the election of l.. j. Spence, r.
w. Mahl, w. A. Worthington and W. r.
Bull. Alexander Millar also resigned as
secretary Of the Mexican line.
Lewis ]. Spence will remain In the
Southern Pacific Company as director OF
traffic. his resignation from the Southern
Pacific board on Monday being only tenn
porary This fact, as pointed out at the
time In The Tribune, forecasts, II Is be-
lieved. not only the resignation OF Mr..
Spence from the Union Pacific board IN
the near future. but that OF Mr.. krutt-
schnitt as well.
That Mr. Kruttscknitt and Mr.. spence
are to east their lots with the Southern
Pacific was regarded I'm Wall Street yes
tcrdav as showing that in future COM
petition between the two roads concerned
in the litigation will be friendly one
II was also announced yesterday from
a source said to be official that the hold
ings Of the Hartman estate in the South
ern Pacific are not so great as has oeen
commonly supposed. Mrs. +. H. Harrl-
man now owns only J. 100 shares OF South
orr pacIAc stock according 10 this re-
port. and has not sold her husoahu
holdings OF Union Pacific, these sun
forming the bulk of the estate.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
FAKE OIL DIVIDENDS PAID
Wisner Discussed S126, 900 on
$4,000 Net Earnings.

The prosecution In the trial OF Archle
+. Wisner and John j. Meyers took up
in the Federal Court yesterday the pro-
motion of oil properties by A. l.. Wisner
& Co. George w. Storck, expert accoun-
tant for the government, testified as 10
the transactions as they appeared In
the books of the defendants.
lie said that the California Monarch
oil Company produced In the years
IqO5-6-I oil that was sold for Slos,-
2r 80. while its operation cost 49,
$40 o.. thus leaving a net margin OF only
S1432342. In the same period the COM
many declared and paid dividends
amounting to si96.S4O %. and sold In all
e.S65.979 shares for $500 S3.
The California Diamond Oil Company.
another Of the Wisner promotions, spent
ISL. 900 10. obtain gross receipts OF
$1,000, while Wisner. in selling its stock
advertised that il was paying monthly
dividend of I per cent as declared by
The company's directors W. II. Frazer,
secretary Of the company, said that no
such dividend had been declared and
that the directors had passed a resolu-
ton demanding that Wisner retract his
assertion Nevertheless, he said. Wis
ner continued 10 advertise the dividends
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
NEW YORK CURB.

While "a generally firm ton" was sh.", u
iu the curb market Yesterday, spttbIt""l'
AZ "A whole continued quiet. althous. ~,
some quarters fair activity developed a'
times The higher priced iunu-trials "'I'
almost entirely neglected, with the -,
coptiou Of "A number ~ tho standard w
subsidiaries which continued IN demahp,
This was especially 50 I'm standard Oh OF
New Jrrs.y. which It ON" time showed
further Improvement OF about p"lHl1.
United cigar stores of America nnNra uP
D. on small purchase. Brltish-AmeH'dH
Tobacco was a fraction higher. The cop
ucr issues were moderately active. BRA
don moving up IS. while Grccuc-' audut''
after SLIGHT Improvement. edscd on. ia
bonds. American Telephone ana Icl'-
rrapH AIrs wer. active 20 q recession OF
q. Canada southern 5s ana Baltimore
4 Ohio as ruled aIm. Bradeu copper
o. and - and Mason VALLEY ~ We're
struu. Nevada gold and silver stocks
were irm throughout the day. with the
exception q TouOpah Mining which was
offered down 10 e. Touopah Belmont
sold at S25 and West End at Sl.J6 In
good volume About 1000 shares ~ Aor-
ger sold AT gsc 10 Ole North star
changed hands al &c and pc and Mid
way Al 26c. In the Goldncd group. Flor
cnce recovered somewhat from rs low
level while Atlanta sold at lsC and
Jumbo Extension advanced from &c 10
3Gc Nevada Hills was strong AZ ths and
offerings appeared to be limited Halifax
sold at 81, 10 So. Manhattan Big -Four
az SOC.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
GILLIAN ORE FOR SCHWAB
He'll Build Fleet to Bring 1t
Through Canal.

Ae,er getting a concession for the work
INC ~ vast ore lands in Chill, Charles Nj.
Schvab. president OF the Bethlehem steer
Cor,papy. returned TO this country from
p,,ts Yesterday on the North German
rlovd liner Kaiser Wilhelm H. MT.
Schwab's partner, Archibald Johnston, re-
turned from Chill several months ago
with the announcement that he had cioseo
contracts with the Chilean government
involving several million dollars Tot
eoulpp,ng the chilean coast with heaNS
coast defence armament.
soon after Mr.. Johnston's arrival mere
Mr. Schwab sailed for Paris, where ne
negotiated for the rights 10 the Chilean
GRO lands which are controlled by french
interests He announced yesterday that
because of the satisfactory arrangements
made I'm Paris a fleet Of American steam
sbips would be built to carry the ore
from Chill via the Panama Canal 10 Ne"
York Mr.. Schwab said that there were
about 100 UO1 900 tons Of ore in Slght III
the chilean fields which lie on the shore
of bahia Cruz Grande, near CoQu,moo'
The ore. he said. was the richest IN the
,,.or,d averaging 81 per cent iron and
little phosphorus.
III. ACQUISITION Of the Chilean ore lahus'
no said would he Of great beneht TO MS
company. as the annual consumption =,
ore AT the Bethlehem plant nad 'nc'e"seu
within five years from 10000 tons TO
] 500 90 tons , ,..
Driring the voyage Mr. Schwab became
Interested in Jose de Laborio, son OF a
physician I'm Madrid. Laborio, VINO -
iwenty-seven years old, gave severhi ue1
pleased Mr.. Schwab that. the steel man
decided TO engage the Spaniard Tor
series OF entertainments FOR ms trlenus'
Etr Sc6wab iol;inglv remarked that La
borio might be able to forecast the rise
md fall Of Stocks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
BROKERS NOT ALARMED
Anti Margin Trading Bill Not
Taken Seriously.

The fact that a bill has been intro
duced at Albany making marginal trading
in stocks a penal offence has not created
any CONSERVATION in Wall Street Com
mission houses yesterday were inclined TO
treat the matter lightly. and the opinion
was generally expressed that the bill could
never become law because II would
strike at a method of trading that APP
piled not only to the New York Stock
Exchange. but TO all forms Of business
as well.
In discussing the bill Henry Wollman,
Of J. $ Bache & CO.. said to Tribune
reporter:
In my opinion such a law would be I'M
constitutional and would affect all lines
of business. our whole commercial sys-
TEN is based on the idea or credit ana
when you once destroy TINS you take
away the vcrVsfoundation of all business
transactions. wall Street i not trying
TO fleece the public, and the fact that the
number q investors in reputable STOCKS
and bonds during the year l9l2 showed Il
big increase is evidence Of the confidence
Of the public i'm the business methods OF
the exchange.
1t has been my observation that more
money is lost i'm small enterprises that
are backed by capitalists of unknown
York being such great financial centre
however, draws greater attention TO It's
business methods. | am not In favor or
stock manipulation. and would indorse
any movement for the immediate elimina-
ton OF such alleged offences should they
he proved
George \. Ellis. jr.. Of f. F. Hutton II
CO.. was inclined to treat the proposed
legislation lightly. lie said:
The question is merely a political one,
and was undoubtedly brought forward at
this time as a gallery play. II such "A
matter is To be considered at all from a
legal or ethical point of view. II would
undoubtedly be done by the federal gov
eminent. as the points involved are too
farroaching 10 be acted upon by any one
state.
When the question Of marginal trading
came up for discussion I'm Wall Street at
the time 81 the Hughes investigation sew
cral prominent Stock Exchange houses
abolished the term margin and adopted
the so-called extension OF credit sys-
fgr
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
MORE RUMELY CO. STOCK
To Add SlOO0O,OO0, Making Common
Total S22,000,000.

The VI. Rumely Company will hold a
stockholders meeting on February 10 to
act on a proposal to increase the common
stock from sl2.Ooo.0OO to 81 ,OOO.Ooo In con-
uecton with this increase President A. j.
Rumely says:
Az compared with the volume of SO 5S6,-
$50 for the NJ. Rumely Company in 1911
combined with the volume of the COM
pankcs whose assets IT purchased there
have been reported during the current
wear an excess Of S6cO0OO of business
indicating an increase of over 90 per cent
The untitled orders on hand At the pres
,nt time are greatly in excess Of those
ON hand at a corresponding period last
year. =,
After the sales estimates of Rumely
Products Company for 1913 have been re-
duced by 20 per cent, the expected volume
of business for 1913 aggregates 100000
This includes S.J00O00 to 100000 Of de-
sirable short time business. which has
been added 10 the Rumely line in the
shane OF cream sG<Nrators, corr shelters,
stationary engines, etc.
The purposc Of the new issue is to pro-
vide for the future needs Of the company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
SEAT SOLD FOR S51,00
Lowest Price on Stock Exchange
Since 1908.

The sale OF a New York stock Ex-
change seat yesterday for $1,000 marked
the lowest price that has been paid since
1903. Some brokers refuse to admit that
the recent prices at which seats have been
sold are due to the crusade against Wall
Street business methods. but sadly shake
their heads when the name Of any mem
Der Of the Puio committee is mentioned.
The last previous sale OF seat on the
exchange was at $500 YESTERDAY
transfer was made between Drayton Bur
ru and Arthur y. Peck. In 1877 a seat on
the exchange sold at $1,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
BUSINESS TROUBLES.

The following petitions in bankruptcy
were filed in the United States Court yes
teTday:
ADOLpH KAHN and ADOLPH
.GIJ-CK. comprising the firm of Kahn n
Gluck. No. 1870 Ridge street. involuntary
Liabilities. $500. assets $500
JI'iIiTs BROTHERS COMPANY, no.
l45 Spring street. involuntary. Liabilities,
8, 600: assets, 5000 90,
CHARLES SCHAEFER. JR. No; 'si
East 18th street, voluntary. Liabilities
IS OS5: assets 1853.
M'KENDRIC y. DODGE, Rock'and'
Sullivan County. y. Y, voluntary. LA
bilitics s9,27s; assets ss.6S2
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
CURB ECHOES.

solar Refining was the feature Of the OIL
stocks on the curb yesterday II opened
81 geo and advanced 10 ESQ and. toward
tho close. when all the other oil stocks
broke sharply. declined to GO. The fact
that Galena Signal OIL Company only ad-
vanced about points on the announce
mcnt that there would be % per cent
stock dividend proves that most Of the
brokers expected this distribution for "a
Tong time The high price for this stock
I'm 1919 was 20S. and this price was reached
in December. Yesterday it opened at COS
aud sold up to 3l2.
The Standard Oil COMPANY of Ken
lucky. will hold it's annual meeting IN
Louisville February 6. Shareholders Of
record thirty days prior to the meeting
viii be entitled TO vote.
The Union Tank Line Company will
hold its annual meeting in Jersey city
February 10. Books close February 10 and
reopen February 20.
II is reported from Toronto that an
order was granted winding MP the affairs
OF the Crown Chartered Mining Company.
Of Montreal and Toronto. j. l.. Langley
was appointed interim liquidator. The
defunct company's authorized capital IL
100000. of which 81, 49,. 66S is outstanding.
The Right Of Way Company. Cobalt
property, has removed the cage from No.
. shaft and is preparing 10 sink TO the
necessary depth TO reach the fault vein,
better known as the Cobalt Lake Fault
The bottom Of the shaft Is being squared
80 and the water pumped ont preparatory
10 starting a machine in the sinking
operations. The shaft is now said to be
down l25 feet, and viii be carried to a
probable depth of about 200 feet.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
BOND DOTS.

Reports state that Cincinnati authorized
tho issuance Of $500 ( per cent sewer
city's portion. debenture
bonds. on December 80 The bonds are in
denomination Of 500, dated March J. 1919,
ard due March I, 1893 1t is also reported
that the sinking fund trustees of the
city bought on January the $4,000 as
sessment and $50 so general bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
PITTSBURGH STOCKS.
PHILADELPHIA STOCKS.


Furnished by Charles D. Barney & Co, No y
Broad street, New York. and No. le2 South
An street Philadelphia.)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
NEVADA QUOTATIONS..

FURNISHED daily by Weir Bros. & Co.. No q
Broad street,
January l6 1918.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
Bill. Ask.

Furnished by Middendorf. Williams & Co, No.
81 Pine street. New York. and No. l2s East
German street, Baltimorel
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

According 20 reports. the State Com
troller Of Big Springs. Howard County.
TEX, on January 4 registered the $4,000 .
per cent 2O-io-year, optional, waterworks
b,udc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

K. d. Nelson, Board Drainage Com
missioner Of Wickliffe, Ballard County,
XIV. will receive proposals until February
- aor s241Oc per cent 2-ll-year, serial.
first lien drainage bonds denomination
at purchasers option.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

on the advance in the local market yes
terday London sold stock moderately. the
sales being estimated at about fifteen
thousand shares.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
BOSTON STOCKS.

Furnished by Charles Head & Co.. No. Il Wall
street,
LAND.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
GOVERNMENT BONDS.
TOBACCO STOCKS.

tOuotat ions furnished by l.. T.. Winkelman &
Co, No. 80 Broad street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
FOREIGN GOVERNMENT AND MU-
NICIPAl BONDS.

,rs,,n,sbed by Zimmerman Forshay. NO
y VIII slrCst.l
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

II is reported that y. +, Sharp. city
Controller Of Bridgetou. Cumberland
County. y j. will receive proposals
until y. m. January p for $4,000 AZ per
cent 3O-ycar water and filtration plant
Improvement bonds.
Harris. Forbes q Co. of New YORK.
purchased on January s the 10000 per
cent coupon funding bonds VI Avoca,
Luzerne County. Pa.
According 10 reports the No"D"1
Chicago & Western Indiana Railroad
Company three-ycar > per cent mort
gage notes offered by J. =. Morgan q
Co. the First National and National City
banks have all been sold.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

The scmi-annual report OF the Home
Insurance Company shows total assets
Of s33.40G,f35. Surplus over .continsen-
CITES and all liabilities including capital
amounts to Sl4,3t1.755 and surplus az
regards policy-hoIders totals $l9.15l.755.
Securities owned amount 10 s23.O92,O2G
at the market value at the beginning
OF the year
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

The Lawyers Mortgage Company has
elected Edward De Witt and Charles p.
Rowland directors. to succeed Henry Il.
Rowland and John T. Lockman.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

Dividends have been declared as fol-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

Konosuka Scko. the New York mana
ger Of Mitsui 4 Co, Of Toxic, has APP
piled for membership in the New York
Cotton Exchange. II elected he will be
the second Japanese member.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17

The Coffee Exchange at its annual
meeting yesterday elected the following
officers: President William Bayne. ir.:
c-prcsident, George W. Lawrence, and
treasurer. James H. TAYLOR. For the
board Of managers. 10 serve two years
Alexander c. r. Won Gontard, August
SchlerenberG Stephen II. Dorr Walter
Murphy. Leon Israel and August Hauss-
Ter were elected.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-17
BALTIMORE STOCKS.

Interest 10 be added.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
SILKS

To make our Silk Department
a busy place through this Sale.
we are giving some exceptional
values in good staple lines of
Silk. No more to be had at these
prices when lots are closed.
l piece 35-inch Black Messa-
line, our regular $1.00 val
lie, Sale, per yard :. .67c
/ piece 35-inch Black Silk
Taffeta, our regular $1.00
value, Sale, per yard ;. .79c
l piece 35-inch Black Haskell
Chiffon, our regular $1.50
value, Sale, per yard .S1.10
/ piece 32-inch Brown Has
kell Satin Raye, our regu-
lar S1.25 value, Sale, yd., S5c
/ lot of Fancy Colored Silks
going at a big reduction.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
DRESS GOODS

Ladies are always anxious to
purchase their Dress Goods
wants of us. Here are only a
few items that we can give you.
l lot of $3.50 values, Sale. S1.10
l lot of $1.25-$1.38 goods,
Sale $500. .o9
/ lot of $1.00 values, Sale. SO
Do not pass our counter of
half price goods.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
TOWELS

5 doz. extra heavy Linen
Finished Towels, 22x44,
regular 19c, Sale, each :. lac
l lot of good quality Huck
Towels, red border, regu-
lar 1212c, Sale, each Toe
/ lot of White Towels, our
10c value, Sale, each i. .Shc
4 doz. Huck Towels, red bor-
der (smalD, Sale, each -. &c
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
10 Per Cent Discount on All Bed Spreads
During Sale
BLANKET DEPARTMENT

FRUIT COTTONS
small lot of Fruit Shorts from to lloyd lengths Sale sac
(By the piece ony)
Special prices Beached 36inch and wide Sheetings
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
CRASH

Crash! goes the prices on
Twilling.
l lot of Brown Linen Crash,
10c value, per yd. The
l lot of Bleached Crash, 10c
value, Sale, per yard &c
l lot of Bleached Cotton
Crash, 10c, Sale .6Hc
1 piece Linen Twilled Crash,
red border, lac value, Sale,
per yard ......,........ lie
/ piece Linen Crash, 25c val
ue, Sale lie
l piece All Linen Crash, zoe
value, Oaie loo
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
CORSET DEPT.

l lot of C. B. Corsets in $1.00
to $500 values, in medium and
long bust, to closse at one-half
price.
/ lot of odd Corsets in short
lengths, S1.00 to $1.50,
Sale, per pair 4Sc
] lot of La Resista in medium
length, $3.50 value, Sale, S1.50
l lot of Brassieres in odd
sizes, $1.00-$1.75 values,
Sale, Sc
i lot of Csc value, Sale. -. 59c
/ lot of 25c value, Sale Ice
Other values-not room to
mention.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
FLEECED UNDERWEAR

i
Ladies' Feeced and Pants regular 25c value this Sae
Special prices soiled and odd Underwear.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
FLANNELETTE ROBES
HAND BAGS

l lot of Leather Hand Bags,
regular S1.00, Sale, each. 79c
l lot of Hand Bags and Col
lar Bags, regular SOC, Sale sec
2 School Bags, regular S1.50,
sale .SI.U0
l lot $3.50 values, Sale. 3.25
1 lot 1925 values, Sale. -. $50
l Tapestry Bag, 1925 value.
sale ............. 1.10
l small lot of Bags regardless
of cost.
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
lot OF Crepe light and medium regular tic value to
close, Sale, per yard
HOSE
CURTAIN MUSLINS

piece Fancy Color regular 75c Sale, per yard
lot Fancy Color regular Soc Sale, per yard ..... 3Sc
10c Curtain Muslin, short lengths Sale yard Shc
1212c Curtain Musn short lengths Sale, per yard Toe
15c Curtain Musns short lengths, Sale per yard ...
25c Curtain Muslin short lengths Sale, yard 1Sc
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04

One lot of Fancy Cambria,
very fine, good for I'M
derwear, regular 121sc
value, Sale, per yard ). SC
The Barre daily times. (Barre, Vt.) 1897-1959, 1913-01-04
TABLE LINENS

year the demand grows much larger for
Table Linens We buy the right quality and of the right houses
able the housewife exceptional values all the
the great have cut the price
bers to up
niece Damask 81 90 value Sale per yard ....... 73c
piece Damask 81 25 value Sale per yard ..... 92K 81
niece Darask 81 SO value Sale, per yard ...... 97c
piece Damask SIC value, Sale yard CSC
piece Danask SOC value Sale per .......... 49c
lot of Linen Cloths regular 81 rs value Sale 9Scl
Colored Table Cloths, red and green reuglar $780, Sae
to close each NEUTRALITY-SUSPICIOUS.. SLAB
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-02-02

cational department. is now engaged
in form ulatinG details preparatory to
this meeting, and a definite program
of exercises will he ready for an
nounceemnt at an early date.
May is also the date for the dedi-
cation exercises of the new education
al building of the university. Refer
ence is made to the Peabody Educa-
ton Building. erected through the g9u-
crosby of the Peabody Fund. which
contributed $4,000 toward its cree
ton. The architect is now adding the
finishing touches to the building. Sup
Elementary to the January issue of
the Bulletin is pamphlet on Woman
Suffra ge." which material the high
school debating committee has COM
piled for the use of schools having
membership in the High School De
batting Union
The University Glee Club is SEIZED
uIed for a trip through the Western
part of the State next week The itin-
erary includes the towns OF Green's
boro. Winston Salem, LenOir, Hickory
and Norsanton-
Eighteen members of the law de-
partment of the University of North
Carolina will appear before the SUI
preme Court to take the examinations
for licenses to practice their profess
sion. The examinations are held in
Raleigh February .