davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
CURB INTEREST BETTER
Range of Prices Shows Some
Irregularity-New Bonds.

Trading In the curb market yesterday
developed little more activity al the
outset with n generally hrmer tone. al
though around midday trading subsided
with slight fluctuations. There Was more
interest shown In the Standard on issues
although the price movements were less
cratic There was fair inquiry shown
for STANDARD oil OF New York, Ohio Oh
and Prairie OIL and Gas. Other industries
were only moderately active: United
Cigar Stores on small dealings improved
a. British American Tobacco. both Ola
and new. was quoted ex-dividend. at "A
small recession. There was fair IN
ouiry for Anglo-Amerlcan oil. The min
ing shares were quiet and somewhat
irregular. Bonds were neglected. with an
easier tone I'm Canadian Pacific rights ana
per cent notes.
New York State new ~, when issued
were dealt I'm for the first time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
VAIL treasures
TEL. SHAREHOLDERS
Is Not Worried Over Possibility of
Government Ownership
Company's Earnings.

=, view of the recent heavy decline in
the shares OF the American Telephone
cd Telegraph Company because Of the
nroposal that the government may
eventually take over the telephone bust
ness of the country. Theodore \. Vail
president, said yesterday:
..1f Il were not for a feeling of uncer-
taintv on the part Of number OF our
stockholders ] should not be at all con-
cerned over the discussion Of the posi-
buitv of government ownership OF tele-
rbone lines. II the government takes
over the telephone property there will
have TO be an appraisement, and any APP
nraisement that can be made which will
he upheld by the courts will give our
rroperty greater value than that at which
We carry It on our books.
.T am no more afraid OF government
connection. obviously. than l am afraid
Of government ownership. In Chicago
thew attempted TO cut down our deprecia-
ton allowance in an effort to justify
rate reductions, and three noted experts
we're secured. each to make a valuation
of his own. Every one of those valua-
lions was considerably above the book
value at which we carried the property.
American Telephone and Telegraph is on
easy street because it has made liberal
depreciation allowance in the past and
now has a good Sl6OOOOOOO surplus.
I'VE have just declared the regular
quarterly dividend, and our surplus after
pavment of that dividend and increased
fixed charges on the new convertible
bonds and stock issued during the last
wear Is stin within 500, 900 of the surplus
after dividends one year ago and Is some
$4,000 above 1911 figures. our earnings
are Improving constantly and there is
absolutely no reason for the stockholders
in our company to be worried.
Earnings for the Bell telephone sys-
TEN for ten months show 100000 in
crease in gross and surplus OF about
100000 after dividends, or about the
same as last year, although we paid out
900 more In charges and dividends
and spent 100000 more on maintenance"
Since the proposed government pur-
chase OF the telephone lines Of the ma
ton has been publicly discussed there
has been a 20-point decline in American
Telephone shares, a market shrinkage of
,s7O00.oO and a paper loss TO New Eng
land investors of 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
GRAIN MARKETS
CLOSE IRREGULAR
Wheat Declines, but Corn
and Oats Make Gains
Coffee Lower.

There was a bearish Interpretation
given yesterday to the government crop
report. which was made public after the
close OF Mondays market, but an early
decline was partly recovered, and the
final figures showed a net loss for the
day OF only ba%c. There was some bull
sentiment In the market owing TO recent
export sales and a report that the Rus
sian crop had been greatly overestimated.
A number OF bearish features in corn
We're overcome through buying by shorts
and evidences of active distribution. and
prices gained I2qAc net. Oats followed
the lead of corn, especially the Deem
Der option, and made fractional net gains
for the day
Dulness was the rule in the coffee
market and on selling by tired longs,
with An evident desire on the part or
Brazilian holders to market their stock,
prices were to points off at the start,
the decline being increased to a net loss
of 9 to ~ points at the close. Foreign
markets were all weak, and cost and
freight offers were at a decline Of about
points.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
STOCKS IN OTHER CITIES.
CHICAGO STOCKS.

Chicago. Dec. 16-The declines and adj
vsnces were about equally divided on the
local exchange to-day and trading was
somewhat larger than In the preceding
session. The gains were small. including
Peoples Gas, Hart. Schaffner & Marx
preferred. Steel common. Montgomery
Ward preferred. Chicago Railway Series
/. Commonwealth Edison and American
Can preferred and common. Peoples Gas
rights. National Carbon common anu
Pneumatic Tool ruled unchanged. MOD
crate declines occurred In Swifts' Chlcago
Railways Series 2, Kansas city halfway
common, Diamond Match, Sears-Roepuck
common and Union Carbide issues. chi
cago City and Connecticut Railways %
declined a point. other issues were frac-
tionally lower.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

MOLASSES AND SYRUPS-Molasses hrn'
NAVAL STOREs-There was little stead
fer feeling in turpentne, but trading quiet
Rosin and tar were unchanged.
OiLS-There was no change IN rennea
petroleum. and demand was moderate Linseed
oil steady.
SUGAR-Quiet and unchanged. win tie
Federal taking orders at DOC, while all otner
reipers were holding at 4. 2oc Tor me S.a 20
lated. There was little more aet Nv n ms
raw, and sales were reported OF 10000 bags
Porto Rico for December clearance TO Ar
buckle at equal to 33c for centrifugal ana
20 600 bags Cubas for December clearance 70
Arbuckie at l 8I-32c, equal TO 3 33c for centrif-
ugal The market was easy and prices declined
l-32c with centrifugal quoted at 1880; mus
covado. 2S3c; molasses, 2;osc; ana eosr w aas
active for future delivery, with December
quoted 9s; January, 9s Nd and May, Us go
with the curb at IS 1lhd, 9s hd and 9s 412d
United Kingdom as ~, 0C0 tons. against 72,oo0
last week. or gain OF 1000 tons Tor inc
week. Wilett e. Gray report the moyemeLn NJ
OF sugar at the six principal ports OF CUBA
for the week as follows: Receipts, 1000 tons,
200 the previous week, 1000 last year ana
none two years ago; exports none. agaIn ns
200 none and none; stock. 1900, against none,
600 and none; receipts for the entire islshd,
1000. against 1000, 10000 and none. There
are ~ centrals grinding, against ~ last "eeN'
Il last year and 80 in 1911.
HIDES-There was a steadier feeling our
ing the week. and prices for Bogotas ana
Central Americas were about nc higher
Trading was not particularly active as Tan
ners were Indifferent.
IEATHER--The market was In the same
firm position as has been the case for severai
weeks, and full prices were asked oy al hVId
ers Trading was quiet, although adyices
from Boston report good inquiry there from
both domestic and foreign buyers .
DRUGS There was not much ACTIVITY
during the week, but prices were stesny Oh
most varieties Demand was still confined 10
moderate quantities for prompt and nearby
shipment, and while telegrapk.c and man OF
ders were In fair volume they were only LOT
small iobbing quantities. Essential oils STEADY
and unchanged
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
TRADING ON THE
CONSOLIDATED
Activity in Early Part of Day on
Best Scale - Sentiment
Much Improved.

Business on the Consolidated Stock
Exchange was on the best scale early IN
the dav. At the higher levels, however
there was some slackening OF the pace
Trading sentiment showed a decided I'M
provement, the better feeling being re-
lected from the start OF the dealings Al
go o'clock. There were general gains
compared with Mondays closing nsures'
on the opening call, and the New 10TH
stock Exchange Joined In the upward
movement when it opened at 10 ociocA'
Canadian Pacific was an exception, re-
fleeing on the call loss OF point. 10
This the New York Stock Exchange also
agreed. its initial price for Canadian
Pacific being at the exact prior Consoli-
dated quotation Of 217ls. Union Pacihc
was a feature Of the market advance IN
the subsequent dealings, but II ala not
change hands higher than 1ol on the
Consolidated, which was i OF point
under its New York Stock Exchange hish'
In fact, profit taking exerted an hlu-
ence generally throughout the list Ne"
Haven. which was notably active. failed
10 sell above 69%, against hi9h OF ~
On the other board Amalgamatcd Cop
pers highest was 70is, against 7Oi4. Com
mission houses handled a good volume oil
business throughout the session. Trans
actions totalled 26.O5O shares, with thirty
eight different stocks represented Inc
largest individual totals were: Reading
900 shares; Steel. $50 shares; Union
Pacific, 1850 shares Canadian PACING
2.5fO shares; Amalgamated Copper y
900 shares, and New Haven, l,SlO shares
An active speciality was lnteroorough
preferred. II touched high OF Cs's'
against 50 on the New York Stock Ex-
change. while its lowest was SIS. against
~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
Cash QUOTATIONS.
GENERAL MARKET REPORT.
New York. December ~. i9l

New York. December rs. 1913.
GRAM - WHEAT - The government re-
port. published after the close OF the market
on Monday, received a bearish construction:
as IL indicated Increase In the crop OF
about 100000 bushels over the preliminary
estimate but while IL caused moderate selling
around tie opening and an early decline OF
Sai.c. the market most Of the day ruled
quiet and prices regaincd part OF tho loss.
closing at lsHS,c net lower. Inc movement
al Northwestern points was slightly larger
than last week. but the total movement so tdr
this week shows a falling or OF tJ9Uo BUSH
els Traders were waiting with cOhslieIdoie
interest for reports OF the conference between
the Canadian Premier ana the representatives, OF
leading Canadian grain associations. who we're
presenting their pleas for a reduction IN we
tariff on wheat and -four I'm order to De Al
lowed the benefits OF the American haIhetS'
Foreign markets were lower. owing TO iaNor-
able crop prospects abroad and cheaper oH"rs
from canada No = red winter wheat was
quoted AT 81 elevator domestic and 81 OF 7 %
No | Northern Duluth. @'zc b. 'oRN-
Receipts at Western points were llperaI' inc
government report failed to confirm uGllsh
private reports. and crop adyiccs from Argen-
tina were favorable, but I'm the FACE OF THESE
bearlsh features the market developed Pro.
uounced nrmness. and closed AT net Sains OF
I.qxc. shorts were good buyers, and scnti-
ment was Influenced by evidences OF an active
distribution and by very firm cash markets In
tho interior. In the local cash market No .
yellow corn was quoted at 11'sc G 10
arrive OATS-The market was fairly active.
and prices were higher owing 10 covering, es-
pscially I'm the December position. and I'm sym
patty with the advance In corn. The local
cash market was steady: standard white, 454t
ai6i.c: No ., 46i2di7c; No 3. asa a go; No
4t.a45l.c; ordinary clipped. 45ni6'ac;
fancy clipped 4764sc, all elevator. RYE
Steady: No Western. 1lc I Ne" YORK
export. all rail. BARLEY-Quiet; mating
65asOc. G. ( Buffalo BUCKWHEAT-steady;
American mixed and silver hull. 81 %: Ca
madam 81 %: japanese, s21S2 05.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
LIVESTOCK MARKETS.
New York. December ls. 10

New York. December Is. 1913
BEEyEs-Receipts, 500 head: cars for
market I'm the yards No trading reported;
Feeling easy. Dressed beef slow; native sides
selling mainly at l2Gl3i4c: extra, lic Christ
mas beef exceeding quotations.
CALyES-Receipts, SO head on sale
Good yeals sold at SIC per 100 10; no choice
offered. Yearlings and grassers nominal.
Dressed calves steady: city dressed veals His
dfi7c per 10; country dressed. nhgl7c.
Sales--S Sanders: veals. 100 10 average, NJ
si2 per 100 10; !, 100 10, $40.
SHEEP AND LAMBS - Receipts. 1898
head; 2ls cars on sale. sheep weak; good
handy lambs not here; others barely steady.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

dav I'm face OF continued large receipts OF
boSs and lower prices at the yards. PORK
stead. Mess, $50 :sqs23 70; family: s2t 500
siessis ho. Family, $10d$20; packet. S1S 5O9
sio ~, eytra India mess S2Sp$30. DRESSED
iIoGs-Easy. 10%qllhc; pigs, 1isc, CUT
,,gi1s pickled bellies, 10 H. i3isc. IL ID.
ar =. M I2&c Picked hams-Stesdy,
a. .rALIoW STEADY; special. 7.sc: city.
csc; country egSHs LARD6stssdy .,t MS
u ~, rsared easy; South America. 12c; Con-
,,ns,; n soc: Brazil kegs. lac; compound
e es"S"' ss6ssc, sTE,,A,RFINE-Bnrely steady
oleo o,TTrrooiNsEED OIL Trading was more
act,ve hyt the activity was at the expense OF
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
CURB ECHOES.

The Tonopah Placers Company which
is controlled by the Tonopah Mining Com
pany of Nevada, has acquired additional
properties comprising in all 5000 acres or
gold bearing dredging ground In the
Breckenridge district, Summit County,
Col.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
MINING.
u. S. TREASURY FINANCES.

Washington. Dec I6.--The condition Of the
limited states Treasury at the beginning OF
business to-day was: Net balance In general
fund sll5, 6i2, Os6 total receipts yesterday ST.
i73. 743; total payments yesterday. Sl,ss8.657.
The deficit this fiscal year IS sil,2s5,O5
AGAINST deficit Of s46l6,467 last year, ex-
elusive OF Panema Canal and public debt trans
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
Mexican Corporations.

Mexican public utility corporations con-
tinue TO keep up the standard Of earnings
OF last year despite the unfavorable condi-
tions existing in that country. Although
the increases are not as large as formerly
they are satisfying. The Mexican Power
Company gross earnings for November
increased $685. over November last year,
while net earnings were s63S,0S6, a gain OF
So OPP For the eleven months ended with
November gross earnings were greater by
$500. SIC, as compared with the same period
last year, and net earnings increased So76,-
354 The Mexico TrSmway Company also
showed favorable increases, gaining Si0,28
IN gross for November and ss,752 in net
larger than the corresponding figure last
year and net earnings increased $1,000.
Idaho Oregon Light and Power Co.
Bondholders of the Idaho oregon Light
and Power Company have received notice
from A. w. Priest, of Chicago, chairman
OF the bondholders' committee that w. j.
Ferris was appointed receiver Of the COM
pany and also that the New York commit
tee had sent a letter announcing the
abandonment Of its plan and notifying the
depositors OF bonds with it that they may
secure their bonds on payment of interest
which had been advanced on deposited
bonds. The communication states in part
as follows:
The way is clear for you to take over
and reorganize your property. We al
ready hold a substantial majority of the
directed TO resume the acceptance of de-
posts OF bonds and those who hold the
hew York certificates may send them TO
our repositories. We will make the neces-
sary payments to the New York commit
tee for the account Of the respective bond
holders and recover the bonds"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

The Consolidated Mining and Smelling
Company reports profits for the fifteen
months ended September so of $9S,567'
after allowing for development and
depreciation. The total tonnage smelted
at Trial was 4o7124 tons, having gross
value Of IS. 1856 sos. The total surplus as OF
September 80 was Sl,7l76J0.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
PUBLIC UTILITY NOTES
General News and Earnings Of
Various Corporations.

The Toledo Railways and Light Com
pany last Saturday placed in operation
the addition to the central generating sta
ton. having a capacity of 1850 horse
power. This will enable the company TO
meet the larger demand for power, which
could not be supplied because Of lack OF
current. The company will commence the
construction of its high tension transmits
sion belt line around Toledo In the early
spring.
Kings County EIec. Light and Pr. Co..
The combined earnings Of the Kings
County Electric Light and Power Com
pany and the Edison Electric 1lluminat-
ing Company of Brooklyn for November
showed a gross Of SOS, 63o an increase OF
S5Slsl over the same month last year. Net
earnings for the month were s22l,O4O
gain of So. 4S5, and net income after all
charges remained al s149, 469, or Ss2,3O4 over
November last year. For the eleven
months $ended with November there was
a gross increase Of $426,647 and net gain
OF $500. O75 over the corresponding period
last year. while net income after all
charges remained at sl,l50243. an increase
Of $314,O26.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

There has been considerable trading IN
Caribou Cobalt on the New YORK cnro
the last few days, and brokers are await
ing an early report of the company S
operations for the month OF November
which they expect to be good one IL
is said that this may be given out when
the dividend of 2ia per cent Is paid on
December 81.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

Liverpool cables: Spot fair busi ness DONG
sales In coo bales. speculation and export /
coo; American. 5000: imports, 10000, Amer
can. 1900. Middlng upland, 7lId. Futures
opened quiet at 2izn3'4 points decline: closed
steady al Oh POINTS decline 10 point advance
December, G.s59d; Dccember-Jenuary, y >"i !.
Janlary-Februsry. G.S2hd. FehruaFy-Marsh'
G SD: March-Aprll. 6.>Cd, ApTil. May. os1d
Nay-June. Gsii7d. Junc-July. G.siisd; july
August @ 79d: Acknowledgements 6t6d; sep
teinber- October. G44i1d. october November
34i.d: November December. $500. December
January and January February, b2Hd. Wan
chester-Yarns dull and lower. cloths. some
business at lJT prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

Employees of Spencer Trask & Co. and
the Bankers Trust Company attended a
lecture last evening in the Bankers Trust
Building on the Baltimore & Ohio Rail-
road. The lecture was delivered by w.
+. Loves, assistant general passenger
agent. He reviewed the history of the
road and the vicisstudes through which 1t
passed in reaching its present position
The lantern slides included views show
ing early methods of travel, compared
with the modern trains.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

n.,Ires depressed cotton futures prices
sharply here this morning. after bull sup
port had put them up ~ 10 points. but
heavy pront taking by shorts caused re.
action. and the close steady was only 70
points lower than yesterdays final figures.
when tho market broke the most active
months lost 20 20 - points going ~ 10 ~
points under Yesterdays close. one inhueh-
tial report said a private bureaus estimate
Of cotton ginned TO December II was II
100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

The board of representatives OF the
New York Curb Association met yester-
day afternoon TO discuss the question OF
resembling its former decision in permit
ting the quotation OF Standard OH shares
on the official curb sheet. The meeting
was adjourned until Thursday for further
discussion.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

A dispatch from Trenton states that the
application of the National Wireless Sig
mailing Company TO have the Maroon
Wireless Company held in contempt OF
court for infringement OF the Fessenden
wireless patents was dismissed. The court
held that the evidence was not sufhcient
TO warrant action.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

values. and prices at the close were 4 to
noints lower for near positions and 10 points
lower for late months. Local contract prices
Yestcr-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
ANOTHER SLUMP
IN COTTON
Heavy Decline Checked by Late
Buying, Causing a Partial
Recovery.
WEATHER IN COTTON STATES

North and South Carolina. fair to-day:
tomorrow, Increasing cloudiness. probably
followed by rain In western portions; light
variable winds.
Georgia, cloudy to-day: tomorrow. prob
ably rain. Ugh, TO moderate east winds
Alabama. cloudy to-day. followed by rain
winds.
Mississippi and louisiana rain to-day and
probably tomorrow; moderate east winds.
Eastern Texas. rain to-day: tomorrow,
probably fair. moderate variable winds.
Western Texas. rain I'm south and rain or
snow, Followed by clearing, In northern por-
Tennessee. cloudy to-day probably fol-
lowed by rain In western portions; to-mor-
row. cloudy. probably rain.
Virginia. fair to-day and probably to-mor-
row. moderate temperature, light west winds
Some violent changes and erratic price
movements marked cotton trading yester-
DAY, an opening / to points up, with
active months going to : points above
Mondays finals. being followed by a
break TO new low ground for the move
ment, and January going down to l2.32c,
or 6S points below the high of last Friday
At this level an active covering movement
set in, with rallies OF 9 or 10 points, leav-
ing the close steady, net | TO Z points
down from Mondays finals. Bearish pri-
vate ginning returns were credited with
most OF the decline, with the late buying
due TO covering, the buying in of the short
end Of January straddles, with some de-
mand based on reports that English sta
tisticians were more inclined to increase
their estimates of probable requirements
than to lessen them. While Southern spot
markets were unchanged to Slice lower
Memphis reported that factors there were
refusing 10 meet the decline, and there
were other reports that interior markets
were holding firm. Against this the Dear
lsh feeling i'm the local trade seemed 10
mark a general idea that the interior
would weaken before long. The local
spot market was quiet and 10 points lower
at 1890 for middling upland. No sales
Local contract prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
BRIEF WALL STREET NEWS.
Transactions for foreign account yester-
day were about 1900 shares. 1000 OF
which consisted OF Canadian Pacific

Chairman Elliott denied from Boston
that Joseph II. Young would head the
New Haven steamship lines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

Large shareholders OF the National
Bank Of North America. headed by s. II.
P."Pell & Co, have called meeting OF
all the shareholders for Tuesday, Deem
Der %, 70 consider the advisabiity OF
organizing a holding company TO take
over the remaining assets OF the bank.
now In the hand of the liquidating agent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17

BALTIMORE STOCKS.

(Furnished by Mladendorf. Williams 90, IN
" rorporatcd. No 81 Pine street. New York,
and No 10 East German street. BaltimofeD
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-17
INDUSTRtAlS.

FURNISHED by Harry f. Thompson & Co.. No.
BROAD ffreof1