davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Lovett Finds West in
Estate Of Hesitancy"
Despite Signs Of Prosperity, He De-
clares the Business Interests
Are Still "Waiting."

NEW YORK, Nov 15.-R. S. Low
EFT, chairman Of the Union Pacific
Railroad, declared upon his return
from a six weeks tour of inspection
that, despite the signs of prosperity
in the West, there Is a feeling of
hesitancy entertained by business In
terests.
This is very prominently indicated
in the decided falling off in lumber
traffic said Judge Lovett. The
sugar beet industry representatives
say they must wait to see what eff
feet the removal of the tariff will
have. They do not believe the in
dustry will be crushed, but are very
sure the grower win have to accept
a lower price for his beets, and it is
doubtful whether the consumer Will
pay much lower price for the sugar,
The wool growers, another big factor
in our traffic, are in just the same
position They are going to wait"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
VeuDs by Experts of Finance Industry Crops and
Light Buying by Spinners
Tends to Aid Cotton Bears
Extensive Long Interests Can Not Withstand
Attacks and Margin Calls-"Spots" Firm.

MEMPHIS, Nov. 15.-With wealth
er relegated to the background as an
influence affecting the price of cot
ton and the traders unable to agree
as to the probable size of the crop,
there has been a disposition during
the past week to notice other fac
tors. Much concern has been felt
in some quarters as to the outcome
of the Mexican situation, although
many people think this has been
more an excuse than cause for the
bearishness among the speculative
element While it is felt generally
that the situation is serious and
fraught with much trouble, few peo-
pie have believed that there was dan
ger of hostilities or that it was q
matter to give concern to business or
trade interests. The fact that the
spinners have been buying only mod
erately Of the actual has been more
help to the reactionists.
One big factor in the reaction OF
prices to a level about IS bale from
the seasons highest was the tech
meal condition of the market. An
lated much of It held by people not
in position to withstand bearish at
tacks and large margin calls, The
wave of pessimism that spread
throughout a considerable part Of
the business world, centering large
ly in the big money centers, encour-
aged liquidation by these interests.
The issuance of some bearish crop
estimates and the coming Of the CEN
sus figures on ginning larger than
expected, or indicated by the private
estimates, added to the reaction and
caused the spinners to adhere to their
waiting attitude Having bought
freely since the season opened, they
were in position TO bide their time
and give the market a test, even
though the experiment prove a little
costly.
Spot Holders Not Scared.
The holders of spots and the pro-
ducers, however, did not take fright
at the markets reactionary tendency
and the spot centers did not reflect
a willingness to quit the fight and
turn over their unsold crop at what
ever prices were offered. The heavy
movement and the attractive price
naturally induced much selling. but
one Of the main factors in checking
the decline and causing some re-
bound from the lowest levels was the
Independence shown by the pro-
ducers. Having sold so freely al
ready, and at prices that turned loose
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16

vast sums for relieving financial OBJ
legations, something like 5000 900
bales having been marketed at an
average price of about IS cents
pound, or sos a bale. the farmer was
not between the mill stones of ne
cessity Moreover, he was not over
awed by the enlarged crop estimates.
which we're accepted so readily by
the professional speculative element
Also he could not see why the spin
ming world should have been so badly
fooled as to the probable supply and
needs as to have bought so freely at
very high prices and then suddenly
quit buying when a few crop guessers
announced their belief in a yield Of
100000 or more bales. The facts
were largely against such a view.
Short Crop Expected.
The actual figures as to the move
ment of the crop from field to mar
ket and from thence to the mills point
undeniably to belief on the mart Of
the spinners in the supply being well
below normal requirements. There
has been no year when spinners have
taken so rapidly Of the crop and the
strength shown to date indicates that
there is room for doubling that the
price discounts the shortage, provided
there is not a mistaken basis in con-
sidering supply and demand. The
next few weeks will perhaps see crop
ideas pretty well settled, for the next
ginning report and the Government s
cumulative estimate will tend to
clarity the situation. Then the course
Of prices will revolve largely around
the general state of trade over the
world and the policy of spinners as to
buying their needs
About the middle Of the week there
seemed a tendency to turn from the
extreme estimates, encouraged by ad-
vices from many directions telling OF
rapid progress in picking and the
small amount left, and 1t had its eff
feet on speculative sentiment.
Another thing that contributed
somewhat to the covering by some Of
the traders who had sold short was
the intimation that the committee Of
the New York Cotton Exchange. hav-
ing in charge the fixing of grade
differences for contract deliveries,
would in it's report due November
10, increase penalties on the lower
grades, thus lessening the chance Of
using them as a hammer for depress-
ing contract prices. In view of the
large proportion of low grades in the
crop and the domination of the New
York contract market over sentiment,
the report Of the committee may
prove quite important
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
U. s, Begins Railroad
Valuation in the West
John II. Woriey Starts His Work
in Kansas City on $1,000
Miles.

KANSAS CITY, Nov 15.-John H
Worley, in charge Of the Interstate
Commerce Commissions valuation OF
railroads in Missouri. Kansas, Okla
homa, North Dakota. South Dakota,
Colorado and Texas, has opened Of
fees here.
He said eventually 600 men would
be employed on the valuation of the
$1,000 miles Of railroad in this dis
triCt
In addition to railroads and their
subsidiaries. he said. AL telegraph,
telephone and express companies and
any other Interstate utilities must be
valued II viii be from five to ten
years before our report can be COM
pleted"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
BUSINESS NOT
DEAD IN MEXICO
DESPITE WARS
Mining ParaIyzed, but Foreign
Trade Grows Under Extremely
Adverse Conditions.

To the many in the United States
who think Of Mexico as a land in
which all business is paralyzed and
the home OF a people who do little else
than fight among themselves, a re-
cent report from United States Con-
sui General Arnold Shanklin, stationed
at Mexico City, to the Department Of
Commerce at Washington, stating
that Mexico's foreign trade last year
was valued at $253,OOO.OO0, United
States currency will come as q dis
tinct surprise.
Mr. Shanklin does not paint the sit
uation as bright or very hopeful. but
probably not nearly so gloomy as
many in this country have come to
think. OF course, conditions are
worse in the Southern Republic now
than when the year began. The pres
ent trouble, he points out, really be
gan as early as February, 1912, and
continued to increase through the
year. causing business depression.
Many Of the large mines were forced
Dor or of railroad transportation for
ore.
Trade Shows Growth.
In view Of these conditions the sur
prise will be that anything like the
amount Of foreign business was done
in 1912, when 1t exceeded that of the
year before by nearly S10,000,000. The
1912 imports into Mexico were valued
at $4,000, 600, and the exports at
100000, 900
Quite as interesting as the figures
themselves is the fact brought out by
Mr.. Shanklln that the United States,
in spite Of the suspected Ill feeling Of
the Mexicans toward Americans,
bought more from Mexico and sold
more to Mexico than all the rest Of
the world put together.
while the foregoing figures" OBJ
serves Mr.. Shanklin, "show a decrease
of more than $6,O00,O0O in Mexico's
gold exports the exports Of silver and
other products show a really remark
able increase under the circumstances.
Henequen Price Rises.
THE increase in the value OF vege'
table products exports, in spite OF dis
turbed conditions existing throughout
the richest agricultural regions, is &C
counted lOI ny IHo SttdIlS ilHPhO' W
price Of henequcn, which is the prln-
cipal export Of Yucatan. That sec
ton was not greatly affected by the
revolutionary disturbances
1.-THE budget statement of the Min
lister Of Finance for the fiscal year
1913-1914," Mr.. Shanklin continues,
shows that great progress has been
made in the cultivation and produc-
ton of wheat in Mexico; so much so
that it is estimated that the produc-
ton for the present year Will equal
the demands of the home market.
Present conditions, however, do not
point to the fulhllment of this hope"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
American Cotton Oil
Earnings Cut Down
Small Likelihood That Dividends on
the Common Stock Are To Be
Resumed.

NEW YORK, Nov. divisions of
dividends being resumed on the COM
mon stock of the American Cotton
Oil Company are dispelled by the
report for the fiscal year, which shows
SO per cent earned on the shares,
compared with IL per cent in the
previous twelve months.
Profits were $500 3S9 smaller, and
surplus after deduCting the preferred
dividend, amounted to $6S4,193, a de-
crease of $63O,SS9.
r. F. Munro, president, states there
was reduced foreign business by
the retineries because of existing high
values, but the domestic trade pro-
v'ded good markets, absorbing all oil
offered, leaving smaller stocks of oil
on hand than usual at the close Of the
season
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Frisco Stockholders
Neutrality-suspicious.
New Board Of Directors Is Chosen
at Annual Meeting Of the
Railroad.

ST LOUIS. Nov Nv c. Nixon,
one OF the receivers Of the st Louis
and san Francisco Railroad, was
elected president az the annual meet
ing OF stockholders
Among the $4,000 shares repre-
scented three large blocks We're: : W.
Fordyce and A r. Perkins, commit
tee. l02, coo shares. James Campbell
81. 600, and b. r. Noakum. 47OO0
The directors chosen were Thomas
H. West W. X. BlNby Albert II. Per
l3ns. $ W Fordyce w. G. Nixon, W
r Biddle. James Campbell Festus J
wade Alexander Douglas H. H.
Pierce, John r Harris, B. f.. Noakum
and 3. Z Cheney
The board chosen win have no voice
fu the conduct of the railroad unless
!. The receiver~hip should ue q dissolved
within a year
Mr.. Yoaklm was reelected chair
man * the board
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Cotton Mill Industry
Stands Third in Rank
Output for 1909 Was $685., ooo, 900 and
Southern States Lead in
the increase.

WASHINGTON, Nov 1S.-The
cotton mill industry, with an output
valued at s625,O0O, 900 IN 1909 ranked
third among the industries Of the
United States in the number OF per
sons employed and seventh in the
value Of goods produced
The NSures recently made public
show that the increase In mauufac-
turing was much greater in the
Southeu States than In the North.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Business Ban on
Gray Hair Removed
Cleveland Men Form an Organize.
ton for the Relief Of Young
Old Fellows.

CLEVELAND. Nov. l5.--Prelimi-
nary plans were made at a meeting
here and a permanent organization
formed to establish an employment
agency for elderly men who find that
a few gray hairs and other signs Of
age make 70 difficult 20 obtain work.
Neatly dressed men, with q brisk
alert manner made up the larEer par:
Of the asscmb.aEe. which gathered lu
response 90 the call to perfect an or
EsniZSiou 90 remove the business ban
on young old mer
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Compensation Act
Is Expected to Pass
Justice to the Workmen viii Be
Secured, Declares Senator
Sutherland, OF Utah.

WASHINGTON, Nov. 1S.-The en-
actment by Congress OF a national
workmen's compensation act by De
ccmber ! Is the Arm expectation OF
Senator Sutherland. OF Utah, chair
man OF the Commission on Employ
ers' Liability and Worllmens Com
pensatiun Laws,
Passage Of such a measure was
held up by the last Congress through
the adjournment Of that body while
the Senate was dlCkerng over some
House amendments 10 the bill The
legislation had been previously
passed three to one.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
NO CHANGE IN RATES.

WASHINGTON, Nov. 15.-Becsuse
Of the lack Of time within which to
determine the reasonabIeness of tho
proposed rates, the Interstate Com.
mCrCe Commission has furthr suspended
from November Is until May Is the adS
vanCes in the rates on fresh meats IN
carloads from st. Louis, Omaha and
other points in oklahoma.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
PRICES RISING.
TIMES HARD, IN
SOUTH AMERICA
Salesman Finds Scarcity of Money
TraceabIe to the War in the
Balkans.
CHILE is OUR BEST FIELD
Argentina a Better Market, but
the Merchants Are Difficult
to Deal With.

NEW YORK Nov. hi H
- =. 9 IT,, ,,o,.,-- hoo, ,.,o,,
Aho'iiieS' nv ~
travelling IN south America Tor an
American commercial concern, says
tba+ while Arvepfina is the biggest
-. - gu .,,o-,., Co- r,o,,u-
market IN SCUM Aine'i'" io' manu-
featured goods, chile Is the easiest
for an American to sell in. At the
,,.osa,, ,,,,. boyy.ver most ~ the
p'''''' ''''''' - ..
lower countries are suffering from
great business depression.
Il made Bueuos Ayres my head-
quarters and Travelled In Brazil, Uru-
quay, Chile, Peru and, OF course. in
Argentina" said Mr. Holmes. ITO
man who is used to the splendid train
service of this country getting about
seems 10 take a great deal of time.
Most Of II is done by boat, and, while
that Is all right on the east coast,
when you travel along the west coast.
unless YOU happen to catch one OF
the big liners, 1t can be very uncom-
Portable and the food very bad. Then
YOU always have 20 laid Off the shore,
and If you are carrying sample cases
they are apt to get a wetting. out
side OF the bigger cities the hotels
Rre uniformly bad,
Food Prices High.
In Argentina It is dimCult to get
sea food In restaurant in BuenOs
Ayres | paid one night $40 for a lob
ster-ss.SG in our money The cost Of
living there is three times what IT Is
here.
at is great mistake for anybody
who goes down to South America to
do business TO Imagine that you can
OH pH
Mr.. Holmes with a sigh.
- People down there dislike doing
business through an Interpreter, un-
Iess thew have been doing business
with your house for a long time
Firms which send men down there to
represent them ought to pay enough
10 attract men who can converse with
the merchants In their own tongue.
Then business is bad pretty gen
orally in South America just now
Two Years age what promised to he a
record breaking cToE In Argentina
was ruined by tornadoes, and the
planters have had an uphill climb
ever since In Brazil II Is impossible
TO give away things. In Argentina, OF
course. the Balkan wars have had a
very depressing effect because their
source of money supply has been cut
or For another thing, the country
is exneriencinr the reaction from
bis real estate boom The banks have
closed in on the borrowers, and the
latter are having hard time,
Money Tiuht in Chile.
"Tbe ChiIeans haven't any money
either partlv because Of the wars in
F1,rone SIN II is easier to do bust
ness In Chile than in any other coun-
nv down there People tell you the
Chileans don't like Americans. If that
ia so II is a good thing, for It seems
"a n thev can not get too much Of
our manufactured goods In Argen-
tfpa the market il bigger. but the
moments arc much harder to deal
win MANY of them insist upon hav-
inc goods made in Italy or in France
'The commercial traveller who
strikes Perm does not always have an
oasv time In Peru YOU pay about 80
day FOR vour hotel board on the
American plan Everything that Is
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
Loan Of S30,OOO,OO0
Is Floated by China
New Port To Be Built and the
Yangtse To Be Brtdged
With the Funds.
Special Gable to The American.

PEKIN, Nov. IA contract to
loan the Chinese Government $50, 900, -
600 has been signed by the Chino
French Bank.
Of this sum, $12,00O,0OO is for the
construction of the port Of Pa-Kow.
and S12,0O0,000 for the building of a
bridge between Hankow and Wuchay
over the Yangtse River.
The remaining 100000 goes to
the Cinese Ministry of France.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
R. R. Fine for Each
Employees Overtime
United States Supreme Court Makes
Ruling on Application Of Eight.
Hour Law.

WASHINGTON, Nov. l6-Rau-
roads working employees overtime
without rest In violation Of the hours
OF service law are liable 90 a f1ue for
each employee 30 worked. and not
merely Tor one fine IN each instance
where a body OF employees is con-
Csrned.
The Supreme Court 80 holds
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-16
United States PuWn
Shop Worlds Worst
French Governmental System Excellent, Says
oersianer-England' Good, Ancients' Best.
By BOERSLANER.

CHICAGO Nov. fb-Whie
provident facility
be well
INDECENT
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-04-12
$4,000 ESTATE
. IN TRUST DEED

An estate worth about So .40J, TAX
ing the market value OF the principal
security included. is the subject OF
a trust deed executed by Mary Alice
Porter TO Cecil Brown Il conveys
land at Puunui, Honolulu, containing
10 600 square feet with improve
nTents: interests iii five notes which
amount to S279e; each now in the
trustees hands, 520S0: thirty-two
shares of the capital stock of c.
Brewer & Co, Ltd, par value S1o0 i
share but Qucttd at s425 last sale on
the stock exchange, and six $1,000 six
pc recent bonds of the H;Io Railway
Co, Ltd, together with all personal
property of the party OF the second
part
The term OF trust s&the lifetime CT
-. Porter. all Of the property TO 20
to her children at her death. in eQual
shares. the children Of any deceased
child to take the parents share By
representation, and in case Of there
being no child or grandchild sur
viying, then the estate to go to the
heirs at law. In the event Of the
death of the trustee before the trust
or, the latter may appoint his success
sor, failing which one shall be ap-
pointed by any circuit judge
With the consent of the trustor in
writing during her life, the. trustee
may demise any of the real property
for the best rental obtainable, or dis
pose of any of the real or personal
property The trustee is allowed the
legal rate of commission but not re-
quired to account for the administra-
tion. except >yhen requested ty the
trustor, or afteNher death by the per-
son OF persons enhtIed to the estate.
The instrument was Signed by the re-
spective parties yesterday. =.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-04-12
SIDE.
STEP Polite

In the sudden departure Of three
or four men who have been frequent
ing the lower portion of the city and
who were familiar figures in the
haunts of the beach-combers, is be-
lieved to have had something 10 do
with the abrupt cessation of petty
thfeying as well as one or two cases
of serious burglary committed in the
business district
Chief Of Detectives McDuffie. and
dozen men under his jurisdiction
have completed a general roundup OF
questionable characters found seat.
tered about the town. The water
front was secured in the laying of a
drag-net for undesirables. In some
instances, the parties simply faced a
long term OF Imprisonment upon a
charge of vagrancy. or were given an
option to take the first outgoing yes
sci for other parts and pastures
green.
/ The police have succeeded in per
suading a number of men to take
berths in vessels leaving for the
Sound and the California coast.
McDnffie and his squad OF gum
shoe sleuths have been spending their
nights at central station pending the
last attempt to burglarize a down
town office building. Improvised
cots were installed and here the Of
ficers camped for the night. subject
to an instant call.
In addition to this precaution. a
general patrol of the business dis
tricts was followed, the officers visit
ing the front as well as the rear OF
all stores and business blocks.
In more than one instance. the pro-
prietor of store or office was sum-
moned downtown. to attend to the
proper closing of his premises, the
same having been found unlocked.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-04-12
SAY DRIVER
NOT LICENSED

The auto accident that sent Hawai-
hoa, an aged Hawaiian to the hospital
for treatment and Antonio Cordero.
to his. home suffering from slight In
juries, through being run down by
machine driven by Mrs. J, Ashman
Beaver, has received investigation by
officers connected with the police de-
partment today. with the result that
the police say that Mrs, Beaver was
driving an auto through Honolulu's
streets without first having secured
chauffeur,s license.
The declaration was made today,
following general inspection OF the
long list OF licenses issued at the City
and County bureau, that a number
OF women as well as children are like
offenders In this respect.
II is charged that frequent viola,
tons of the existing ordinances are
committed by owners of autos In that
they transfer the operation OF the ma
chine to persons, other than those en-
rolled on the certificate. these driy-
ers having no license to drive an auto
through the STREETS.
The accident that occurred at the
intersection OF King and Fort streets
shortly before six o'clock last night,
luckily resulted In no serious injury
to either of the men.
Police officers state that the two
men were attempting to board Nuu-
anu avenue car No. %. that stood at
the corner awaiting its dispatch on q
return trip. when automobile No. 1116,
with Mrs. ]. Ashman Beaver at the
wheel approached from the direction
of King street, rounding the corner AZ
Fort and proceeding mauka along
Fort street At this time the Hawaii
an and Portuguese were seen TO step
from the sidewalk to take the car.
when they came into collision with the
auto. Both were thrown down. Cor.
dero was caught under the radiator
and dragged for considerable dis
lance. He was sent to the hospital.
suffering from abraisons and bruises.
The Hawaiian was able to proceed 10
his home with but minor bruises
It is claimed that the driver Of the
car can be prosecuted under the sec
ton Of the ordinance that requires
the stopping Of an auto within 4 safe
distance. when approaching street
car. halted in It's course for the pur-
pose of leaving or taking on passen-
ger.
Special 0filcer Chiffon Is taking up
the matter Of unlicensed drivers and
1t Is predicted that some arrests may
follow the crusade.