davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
FAR WEST COMMODITY RATES
Coast Manufacturers Can Compete
with East and Middle West.

Portland. Ore, Feb. s.-Announcement
was made to-day that the oregon Short
Line and the Washington RAN
road and Navigation Company had put in
twenty-one commodity rates, covering
nearly all the manufacturers OF oregon
and effecting reductions under the old
class rates of from IA TO 20 per cent 10
Idaho and Utah common points.
This is said to be the first important
recognition Of Pacific Coast manufacture
ors enabling them to reach the Rocky
Maintain territory i'm competition with
the East and the Middle West.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
COMING EVENTS.

Happenings having a bearing on the
stock market which will occur on tho
dates as given below:
Monday, February lO-Supreme Court
not in session; government case against
United States Steel resumed, Gary may be
witness: Illinois Central eX 3i2 per cent
dividend: Mexican Petroleum ex | per
cent dividend; Woolworth ex l per cent
dividend.
Wednesday. February II - Lincoln
Birthday exchange closed
Thursday, February lS-Consolidated
Gas eX H. per cent dividend.
Friday, February 2l-American Smelling
and Refining tx per cent dividend
Saturday. February 2-Washington
Birthday, exchange closed.
Wednesday. February % - Central
Leather annual report expected.
Thursday. February 27-American Steel
Foundries eX !. per cent dividend.
Friday, February 2S-United States Steel
ex II, per cent dividend; southern Pacific
ex " per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
BOND DOTS.

Ashley & CO.. Of Atlanta. were the sue
cessful bidders on February for the
$1,000 q. per cent 50-yesr coupon food
protection bonds.
j. 4. Mather. chairman finance COM
mlttee. will receive proposals until p. M
February a. for 100000 "A per cent
coupon or registered school bonds. de-
nomination 81 900 and dated April J..
1918.
According to reports Monroe, Walton
County Ga. Will hold an election in the
near future to decide on an issuance OF
$4,000 road construction bonds.
II is reported Cutter. May & co, Of
Chicago. were awarded the $1,000
street improvement, sewer construction.
electric light and incinerstor plant
bonds.
4. r.. Bickford, city clerk. of Virginia.
St Louis County. Mimi. will receive
PROPOSALS until February rs for the
$4,000 per cent water and light
bonds.
The SlO9,OOo chicago NeStei" u"
diana general 6s. due December j. l95-'
which are called for payment on March
!. 1913. viii be taken up by j. L. Morgan
4 co at lo5 and interest
The Denver Gas and Electric Company
have called for payment at 100 on May
/. 1913. at the Equitable Trust Cons
pany of New York; 500, 'oV OF inc gen
oral > per cent bonds. due May ]. 1893
While all other exchanges in the coun-
fry declined in the amount OF bonds
traded in. the San Francisco Exchange
showed an Increase of sS,000,000 This
exchange ranks third now as a bond
trading centre. only New York and Bal
timore leading IL last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
PUBLIC UTILITY NOTES.

The development work on the Big Creek
pls mt OF the Pacific Light and Power Cor
poration is one OF the largest on the Pa
cihc Coast having an initial capacity
OF 5000 kilowatts Work was started in
1912. and the contracts call for the COM
pletion OF the initial development in Octo-
Der. 1913. The clearing OF the dam sites
was begun late last summer, and on jan
usry /. 1913, 800 yards OF concrete, or
rs per cent Of the total, had been placed
in dam No. |. and 5000 yards. or u per
cent. in dam No. ., while the excavation
for dam No. is 80 per cent finished. On
the tunnel division the work Is ahead OF
schedule time 2,ise lineal feet. or s. per
cent having been bored in tunnel No.
and S,54l feet, or 40 per cent, having been
bored in tunnel No. .. On the site Of
power house No. 1 1850 cubic yards. or
s. per cent. was e1cavated.
The earnings Of the Iaclede Gas Light
Company for 1912 were the largest in the
history of the company. The company has
l4os66 customers, an increase OF 1886
during 1872 The gas distributing system
was enlarged by the addition OF nineteen
miles of mains and 1857 gas services. The
electric distribution system was increased
by more than two hundred miles OF wire
and cable Sixty-seven plants for the use
Of gas for house heating were installed
and put in operation last year. or the
100000 expended for petterments, 49,
600 was used for the new general ten
story Office building.
1t is the general opinion that the pro-
posal Of the City of Los Angeles to issue
So, 90 bonds for the purpose of pur-
chasing the distributing systems in that
city for electric current for light and
power from the Los Angeles Gas and
Electric Corpora ton. the Southern Cali
fornia Edison Company and the Pacific
Power and Light COMPANY will be de-
feated at the special election. II is stated
that the three companies have made a
counter proposition. consisting OF four
possible plans for the handling by the
comps MES Of the owens River power,
now being developed By the city. These
propositions will be submitted to the peo-
pie as an alternative TO the issue of $780,
900. and any one will be acceptable to the
companies as basis for negotiations.
Despite the adverse conditions in Mex
leo. both the Mexico Light and Power
Company and the Mexico Tramways
Company continue TO make increases In
gross and net. The report OF the Next
can Light and Power for the year 1917
shows gross earnings of Ss,2ls.5<9. an in
crease Of ss72,ln over 1911. Net earnings
were ;j5B,ls. an increase Of SsSi,S5 over
the previous year
Gross earnings OF the Mexico Tramways
Company were S5Sl3,06 in 1872. az COM
pared with ssl76.s1O In 1911. The net for
1872 was S,sSl4s. an increase OF H3l, SIS
over 1911.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
MINING.
IDLE CARS INCREASING
Net Surplus in This Country and Can
ada February | Was 37,260.

The fortnghtly bulletin OF the Amer
lean Railway Association shows that on
FEBRUARY there was a net surplus Of
idle freight cars on the lines OF the
United States and Canada amounting TO
81 2So. as compared with 2S,439 on Janu-
airy Is. an increase OF S,s2l. The gross
surplus on February totalled SOS cars,
as compared with $3.50, while the gross
shortage witnessed little change, the to-
tai. OF 2i7s5 on February ! comparing
with 2479l cars on January 10.
The following table shows the surplus
and shortages of cars on Dos roads on
February /:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

Gross earnings OF the Federal Light and
Traction Compsny's subsidiaries. with the
exception of that at Deming. y. NJ. which
is operated independently. showed an in
crease of ,22647O. or 1913 per cent in gross
with an increase OF Sl'o.6:9 in net, or 1882
per cent Tho increase in both gross and
net earnings for the year steadily gained
with the end OF each month. and in De
cember the gross increase was S22,3oa and
the gain in net was y, rs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
COST COMPARISONS
Changes in Average Prices for
the Last Week.

The following table gives the highest
lowest and average wholesale prices Of
twenty-five articles of current consump-
ton in the New York markets for the
week ended February s. and the difference
in average from that of the previous
week, cotton. sugar and lard quotations
being In cents and hundredths:
Change in
avg. from
Week Of Feb. s. week Of
BUshel-- High. Low. Ayge. Feb. l.
Wheat, No
red ...........sl11 $40 81 iOis 90.
Corn. No ,.
port ......... $50 500. 57's r. 0lE
Oats standard
white ........ a. 30 39is = uOe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

ing power and outlook warrant conliden,
commitments for the rise. While We ap'
preciate the possibilities Of iiregularltN
contained in current factors. IL should be
realized that were it not for these ele
ments i'm the situation bargains would mol
be available. We feel. therefore. thai
such moderate reactions as occur in the
near future should be regarded without
apprehension and as temporary affairs
disassociated with intrinsic merit of the
many high class listed stocks now avail
able on a conservative basis.
Continental Building Bonds.
5 W. Straus q Co. of Chicago and
New York. are offering the unsold por-
ton of $4,000 direct first mortgage per
cent bonds at par and accrued interest,
secured by the Continental Building and
a l9S-year leasehold. Chicago. The gross
annual income from this property is esti-
mated at $500; expenses, $1,000; net IN
come. t21 600 which is nearly two and one
half times the maximum interest charge
Bonds mature serially, commencing the
second year. i'm instruments Of $500 10
$500. the last maturity being on Jan
uary l. 1925 amounting to $4,000. The
total security. ii Is said. is valued at
$4,000.
Standard Oil Interests.
Since the segregation Of the Standard
Oil interests no securities have shown a
greater degree of activity and attracted a
more popular following than have the
Ii. -
Of this fact. special descriptive circular
of Standard Oil subsidiaries which has
just been issued by Gilbert Elliott is both
interesting and valuable as a reference.
The circular contains a variety of infor-
nation concerning dividends earnings
and a summary OF prospects.
Future Development.
The opening Of the Panama Canal will
doubtless prove very beneficial TO the
south. particularly from New Orleans ~
around the eastern coast one of the
places which expects 10 benefit very ma
teTially is Pensacola. Fla. The com
mercial associations of that town are send
ing out lot Of information which gives
10 the outsider something Of an idea OF
how important a seaport Pensacola is now
and how great it is destined TO be.
Roy G. Mesargel head Of the banking
firm which bears his name. is enthusiastic
about the future of Pensacola and is
proving his confidence in the future OF the
Florida city by the manner in which he
is spending his time and money in build
ing the new railroad
Pensacola said Nh. Megaigel to-day
lis being talked about all over the coun-
try. When Wou begin telling capitalists
about Pensacola they tell YOU to stop. for
they know all about the Deep Water City.
They have been quietly investigating the
prospects Of the city. and many Of them
have already acquired holdings there.
ours will not be the only road built
irto Pensacola. for now that the ice IS
broken it will be easier for others to get
in. l hope the time will soon come when
there will be many railroads entering Pen
sacola The Gulf. Florida 4 Al anna
road will mean the clearing Of many more
vessels from the port. and | feel confident
that Pensacola will be a large city within
a very short time"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
CURB ECHOES.

During The month Of January the Nc
Kinlcv- Dsrsgh mines produced 10000
ounces The cleaning-up process which
Is The rule at most OF the mines in the
camp has cat down the tonnage some
what. Owing TO the very heavy pro-
gramme OF development al the Savage
and the alterations proposed 10 the plant
there the Savage only contributed 10000
ounces
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
Most Unusual Period.

In their summary for the week Wagner
Dickerson & Co. had the following para
graph:
"1hc gold export movement, which has
row exceeded 100000. and less favor
able monetary position abroad, with mod
crate reduction in reserves of the Bank
Of England have contributed TO firmer
time none. although rates continue low
as compared with the dividend WELD Of
listed stocks. During January the gem
cral trend Of the stock market was down
ward. as il has been since last fall. but
recently there has been more evidence Of
support. attracted by high values and
depressed quotations. We are passing
through a most unusual period of unset
ling influences chief among which is the
pending change of administration At
Washington. Investors as a class are in
lariably apathetic under such crcum-
stances. and generally wait too long for
what they consider To be favorable buy
m- opportunities. I'm this letter and that
OF last week we have called attention to
numerous specific instances where earn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

Furnished BY Charles d. Barney & Co. No. rs
Broad street New York, and No. l22 South
biiadeiDhial
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
The WEEKS TRANSACTIONS.

Daily sales OF stocks and bonds on the
Stock Exchange during TIE last week
with yearly comparisons:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

The United States supplies two-thirds
OF the worlds consumption Of oil. which
is about 1000 600 barrels DAY.
Advlces from Tonopah state that the
West End Consolidated miiled LBS tons
of copper during the past week, sveras-
Ing more than 100 tons daily. Ore for
the mill i. still being taken from the big
stone on the 500-foot level.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

Beaver Consolidated has placed the ad-
dition TO its new mill in operation and
is nov treating los tons Of ore daily.
The capacity OF the mill Will be worked
up to 10 tons daily.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
BRIEF NOTES OF FINANCE
Paragraphs Of Current Interest
for the Investor.

The statement by Cir Marcus Samuel
that il will not be long before ocean liners
will be driven by internal combustion en-
zines ncccssitating the use of petroleum is
interesting not only to the world at large
but to the United states particularly. The
United states supplies two-thirds of the
worlds consumption of 100000 barrels
Of oil a day and this new use of oil will
be another source Of revenue for this
country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
RIGHTS.

made On 1ii 's books do not
No onb
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09

II is stated that the British Columbia
Copper COMPANY has been treating be-
tween SO. 900 to 200. 900 pounds Of cop
per monthly during the past few
months The management states that
some very big tonages OF ore are now
Icing broken down in the Mother Lode
property, which will materially lower
British Columbias costs.
During he month OF January Mason
Valley received at the smelter IS 900 tons
OF ore and smeted $4,000 tons. producing
2.32S tons OF matte. II Is said that the
compsnys copper production Tor the
month amounted TO about 1.s5soo0
pounds This is the greatest month 5
production which has been made by the
company since its plant was placed in
commission in January Of 1912.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
BOSTON STOCKS.
RAILROAD.
BONDS.
Uurnlshed by Charles Head Co. Ma. Il Ual
street,

CT ct IS. $50. E7,l.A tat ev SOC G
CURB CLOCKS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
The Present Status.

I'm his review of the stock market and
attendant influences Henry Clews has the
following:
"Thc immediate outlook Of the market
is fairly encouraging. Any increase in ac-
titity promises to he on the side Of higher
prices. provided no unfavorable develop
mcnts occur at Washington or in Europe.
The dissolution of the Hartman proper
ties is progressing quite as satisfactorily
a. n great transaction Of that nature
could he expected. Its injurious effect
upon the stock market has been prac-
tically discounted The hitch in the Chi
ue.e loan has no effect at this centre.
although il attracts wide attention. 4 our
railroad situation is somewhat better,
owing 10 continued large traffic and bet
ter earnings The possibility. however, OF
further heavy demands upon their re-
sources through the aggressive attitude Of
labor. coupled with the inability Of the
railroads 10 compensate themselves by
higher rates still affects railroad shares
unfavorably. and is unquestionably one of
the main reasons Of hesitancy in making
new 0OtatiOnS"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-09
improving Texas Statutes.

The influencing of millions of dollars OF
capital to Texas is in the power Of the
Committee OH Internal improvements in
the Texas Senate and the Committee on
Common Carriers in the House, of which
a. f. Kaufman and J. T. Goodner are
tLairmcn. respectively. These two COM
mittces have before them the consider
alton Of amendments to the stock and
bend law. railroad consolidation bills and
other. important measures. They can
double track the state. standardize the
service and inaugurate an era of railroad
building and improvement in Texas by
sqUarnc the statutes with twentieth cen
Jury conditions. but. Of course. all these
changes are subject TO the approval of the
state LEGISLATURE.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-01-02
WHY SEEK INTERNATIONAL HI
INITIATION?

Everett Z. Wheeler, at the opening seS
sion of the American Society for the Ju
dicial settlement of International Dis
putes, in Washington recently, introduc
ed a resolution urging President Taft t
refer the disagreement with Englane
over the Panama canal tolls to TIL
Hague tribunal for decision.
1T is to be hoped that this Influential
gathering will not give support to ;
course so ill-adyised and that PreSiden
Taft. his successor and the senate, vii
not follow cOunsels whose only value i
to crafty the "arbitrate everything" sen
timent of persons who do not stop t.
think what would probably be the ulti
mate consequences.
IF the Hay-Pauncefote treaty mean.
what it plainly says, congress made {;
mistake and is wrong in seeking to sub
side our coastwise shipping by exempt
ing it from the Panama tolls. Sir Edward
Grey has plainly shown in his protes'
that such exemption would discriminat,
against foreign shipping by imposing
upon it the whole burden Of operating
costs of the canal.
Under the circumstances it should bt
clear that the iudiciOus course of thf
United States is to negotiate a settlement
of the dispute with England direct ant
not 60 into The Hague court with a man
ifcstly weak case. on which we are prac
tically certain to be defeated, and thus
have put into the international record 3
decision which might easily be a most EN-
barrassing precedent in future contro
~versies.
A wise man does not 90 into courr
when it is possible to make a fair and
honorable adjustment with his adversary
out of court. Neither does a wisely gov
erned nation. 1T would be easy to Obtain
such an adjustment without going t.
The Hague tribunal. Then why go her
and incur the humiliation of a public ant
s~elf-sought national defeat? The NOR
we can keep American affairs out Of tn
European court the better for America
Chicago Inter-Ocean.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-01-02

318
THE ALAMO LUMBER COMPANY

The fact that sixty tons of butter are
held in cold storage by the butter trust,
for the purpose of compelling higher
prices, is a fact that has a meaning of its
own. 1t means a deliberate conspiracy
to take a hold-up mans advantage of tie
the hOusekeeper. Ultimately it will be
found that the iniquities of the trusts
constitute the anarchists opportunity. it
will never be well with us until the laws
can devise some legal method Of clothing
the doors of that sort of thing, not III
purple and fine linen, but in the livery
of the Observation-Disclosures Her
aid.
1t has been the rule from the earliest
recorded times for one class 10 rob the
other class, and we fear it will be the
same way for a long time yet, but we
should make it unlawful and prevent it
being done by the trust method ute as
much as we do by the si~x-shoOter meth
od.-DenisOn Herald.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-01-02

ton all along the border. For it is on
the border that the disturbance is most
felt so far as this country is concerned.
That the press of the border region
should be impatient with the progress of
situation is to be remedied by any action
that is confined to this side of the rver
that action ought to be taken. But it is
a source of qualification that the gov
eminent at Washington is disposed to be
very deliberate as to intervention.-Gal-
weston News.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-01-02
Official Organ of Cameron County.
THURSDAY, JANUARY 2, 1913.
FREE MONEY FOR FAVORITES.

The money trust committee is proving
to be worth its salt in many ways. 1t is
uncOvering a few facts in the financial
world in a way that is beginning to
arouse attention. In a brief paragraph
a few days ago The Herald called at
tention to the fact that the government
had been SHINING against the laws Of
good business in that it had loaned out
money gratis to a few favored banking
concerns. 1t will be interesting to call
attention to a number of items showing
what that sort of favOritism costs the
people. The figures given below are clip
ped from a Washington special to the
Houston Chronicle:
THE records of the treasury depart
ment show that if the banks that OBJ
tanned and held government funds on
deposit since 1888 had paid 2 per cent
for the money the government would have
been paid $47 900 1000; if the interest had
been 3 per cent the sum collected would
have amounted to $71 ,OOO, ZOO.
"The deposits of government money are
now made at the discretion of the secre-
tary of the treasury. Mr.. Cox says that
from $25 600, 900 to $4,000, 900 is distri-
buted about the country at various times
of the year.
Figures in possession of MessrS. Cox
and Cooke show, regarding New York
banks, that:
"The First National has had $S,1O3, 900
since March, 1895.
american Exchange $150,000 since
August, 1909.
"Chase National, $2OO,0OO from August,
1888.
"Chatham and Phoenix, $150,000 since
August, 1911.
"Chemical National, 10000 since Feb
ruary, 1907.
Hanover National, -4,SGO,OOO since
April, 1907.
"In 1900 the Hanover had more than
$9,OOO,O 600.
National Bank of the Republic, $500,
600 since August, 1891.
"National City, $685. 900 since April
1907. In 1899 this bank had over $1,000,
600. 1t had that much for -four years.
"New Amsterdam National, $4,000
since August, 1909.
"Seaboard National, 500, 900 since May.
1905.
"Western National, $4,000 since Au-
gust, 1896"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-01-02

The newspapers are calling attention
to the fact that Dallas, or some of the
bad people who live there, achieved &c
hOmicides last year. Well, that lacks
just 300 of being one for each day in the
year-1912 being leap year. That is a
pretty good margin, and it shows that
Dallas was not as wicked as it could
have been. Why not try to find something
good to say about everybody and every
place?