davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
GRAIN PRICES ALL
SHOW DECLINES
Changes in Wheat Again
Narrow-Corn, Oats and
Coffee Easier.

Little change marked the course OF
wheat trading yesterday until near the
close, when an easier tone prevailed, and
last prices were at practically the low
Of the day, net ssGi1c of. Liquidation
and a general bearish sentiment based on
optimistic ideas regarding the Argentine
situation were responsible for the decline,
although the steady increase OF stocks
and heavy receipts at Northwestern points
were not without influence. Liquidation
in anticipation Of the movement OF new
corn caused weakness in that market, and
the close showed net losses OF ssGBc.
Oats did little more than follow the other
grains, and on a slow cash demand lost
La2sc net for the day.
Heavy selling pressure in the coffee
market, attributed to liquidation Of long
lines recently taken by Brazilian traders
during the financial depression. caused
break in prices which firmness in Eu-
rope was not strong enough TO check'
There was not much activity to trading
but prices sagged all day, the close oeins
at practically the lowest, net to IL points
under the finals Of Thursday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
THE METAL MARKETS.

COPPER--The local street market for copper
was weak again and electrolytic was down 10
l4M@l5hc, with casting at i4hql4%c, while
lake was nominal. Standard copper on tho
Metal Exchange was weak and nominal. In
London copper was easy. with spot at fGe 5s
and futures at f65 IS.
TIN-steady: New York spot GAO CSC;
loyen,ber. 30 sO640. &c; December and Jsnu-
orv 40 5OQ39 T5c: February. 30. eOa3ssOc. In
London tin closed hrm al tioo os TOT SPOT and
flS0 i5s for futures.
IEAD-Dull: New York spot. 4.2JQ4 SIC;
East 81 Louis 41094. l5c. London lead closed
a. SprITER-Dull: New York spot. 6.209
a, roc. East st. Louis. 5d5.l5c. London spelter
closed AZ go LIS Sd. 40
TRON-Middlesboro No 3. ass lo'sd In Lon
u u,n,sd Win No 1 foundry Northern s15 504
si555. No 2, SIS 25asl5 80; No Southern
and soft, sl4 75atl5 20.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
Managers to Prohibit Ex-
tensions of Credit to
Other than Members.
CALL SPECIAL MEETING
FOR DECEMBER 2
Existing Type of Standards Also
To Be Changed by
Exchange.

A death blow to gambling in cotton
.,,ures was dealt by the board Of man.
.,.rs OF the New York Cotton Exchange
...,,rday in the adoption of various rules
and amendments to the exchange bylaws,
which are to be voted upon by the mem
A.r, at a special meeting on December p
IN. recommendations Of the special COM
r,ttee appointed on October 2 TO consider
IN. question Of changing the existing type
=, standards were also adopted.
The rule approved by the managers pro-
,,bting the extensions of credit for spec
Native purposes reads as follows:
1.-THE extension of credits to any per-
am firm. corporation or association OF
c.rsons-other than members Of the New
York Cotton Exchange and those actively
engaged In the cotton trade-is declared TO
\. an act detrimental TO the best interests
n the exchange, and is hereby prohibited.
lny member violating the provisions or
his rule shall be subject to suspension or
emulsion under Section 81 Of the bylaws.
Tina words actively engaged shall be
construed TO apply TO those persons VINO
make the cotton trade their occupation
and devote 20 II the greater part OF their
activities
Ths proposed amendment vesting In the
hoard Of managers the power TO change
r,ndards OF grade is explained by quot
Ing the report Of the special committee.
which says:
THE New York Cotton Exchange should
ADOPT the standard types OF the grades
and half grades) Of white cotton promul-
gated by the Department Of Agriculture
IN 1919 as the types to be used by the eX-
change for the classification OF Gulf ana
TEXAS cotton, adding thereto one lower
grade"
The Cotton Exchange managers "hiie
,pproving the report Of their committee
advocating the adoption OF the govern
ment standard types, are nevertheless OF
the opinion that it would be better Tor
the Cotton Exchange and for the cotton
trade generally If the standard types
known as the international standard types
could be substituted for the present gov
eminent bldIludlu t9RSS'
urged that the exchange make known the
necessity OF these changes at Washington
for use In interstate and foreign COM
msree.
On the recommendations of its speciaI
committee the board of managers also
proposed an amendment providing Tor
monthly revisions.
The drastic action taken by the Cotton
Exchange is the result Of a crusade
against gambling in cotton futures car
ned on at Washington and by the South
e,n planters. The Clark amendment 10
,hs Underwood tariff bill, providing for
tax of one-tenth Of a cent pound Oh
future contracts, was step in this direc-
ton. This amendment. however was
trally killed, with the understanding that
the Cotton Exchange authorities woulu
take some action on their own initiative
Strenuous opposition TO the clark
amendment was made on the ground that
It's passage would drive legitimate trad
INK in cotton to Liverpool and other for
eign cotton centres.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
STOCKS IN OTHER CITIES.
CHICAGO STOCKS.

Chicago. Nov. 21.-Moderate dealings
in local securities to-day resulted In a
mixed trend of prices. Booth Fisheries
preferred and Goodrich common were
marked up in the neighborhood Of a
couple of points each. while small gains
occurred in Hart. Schaffner Marx pre-
ferred and Commonwealth Edison shares.
Subscription rights OF the latter were in
terchanged in fair volume at unchanged
prices. The steady ones were Montgom
cry Ward preferred. Chicago Railways
Series l. Swifts, and Steel common. Booth
Fisheries commons drop OF points led
the declines. Small losses appeared in
Peoples Gas. Sears Roebuck common,
Chicago Railways Series and American
Can preferred and common stocks. Bonds
remained dull and prices ruled firm.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
PHILADELPHIA WOOL MARKET
[By Telegraph to The Tribune. !

Philadelphia, Nov. 2i.-The local wool mar
ket is almost demoraized, and IL II we're not
for manufacturers who compelled TO buy
small amounts for immediate needs the trade
would be devoid Of interest. Dealers seem 10
he content 10 wait for better conditions rather
than make concessions. and regarding the in
coming OF free wool on the first OF the month
they claim that foreign woods cannot compete
with the domestic grades unless In some va
rieties not common here. Some activity has
been displayed In pullsA and A secured is
being sold on basis OF doc, while 3
"a being sold at 24G25c. which Is considered
very low for this grade. while unwashed de-
Iaine is quoted a; from 2lI1q22c and Michigan
a, ooc The market Is short Ohio heeces.
New York fine delaine. unwashed. Is quoted
ar Iod2Oc: fine medium one-half blood at 22q
o2ilc: medium. three-eighths, at 22423c, and
low medium. one-quarter blood. at 29422Hc-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
B. & O. SHOWS SMALL LOSS
October Decrease Wiped Out by
Four Months Gain.

For the month of October the Baltimore
e. Ohio Railroad Company showed gross
earnings of s9,33I97l. a loss of s7o,S92, or
less than per cent In the four months
from July 10 October 81 gross earnings
were N,7l1,S99, or about per cent ahead
OF last year
Last month net earnings totalled 24O4'-
$685. q loss Of 1851 $50. due chiefly TO an
increase OF $i32450 In transportation ex-
penses. Maintenance charges increased
SlO.95l. In the four months period trans
portation expenses increased N.e'6'l4O. or
almost as much as the gain In gross.
while maintenance charges decreased
ylOs,lls
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
MO GEN. ELECTRIC STRIKE
Officials Deny Any Trouble at
Schenectady Plant.

Reports of the possibility OF strike at
the Schenectady plant OF the General
Electric Company were ridiculed by Of
flcials Of the company in this city yester-
day. With business falling of TO such
extent as to make II advisable to reduce
the number of employees, 1t was not
thought that they would take so drastic
a step.
II was stated that at one OF the COM
pany's plants the payroll has been cut
$4,000 Apart from the construction work
under way by the Kew York traction COM
panies in extension of the subways, the
General Electric Company reports little
new electric railway work in prospect
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
TRADING ON THE
CONSOLIDATED
General List Irregular-United
States Steel the Most
Active.

a good proportion OF the total business
In Wall Street was handled on the Con-
solidated Stock Exchange, where 2l,s5o
shares changed hands. There were trans
actions in half dozen well known stocks
OF which no sales were reported else
where in the financial district. These
were Rock Island preferred at 2l7s. West
ern Union at 625s. marlborough common
at H. Republic Iron and Steel at 1872.
Corn Products at 9 and Wisconsin Cen
trail at AS. There was considerable ir-
regularity about the course Of prices. so
far as the general list was concerned.
The market softened early, rallied and
then eased from the best In the late
afternoon there was much talk regarding
the probable dividend to be declared by
the New Haven directors. 1t seemed to
be the general expectation that the dlvi-
dend rate would be reduced to 4 per cent
New Haven was weak, but failed to sell
on the Consolidated lower than 1912.
against low touched on the New York
Stock Exchange Of 1885. Most activity
was in United States Steel, which sold TO
the extent of 900 shares. Union Pacific
came next, with 1910 shares, which COM
pared not unfavorably with the aggregate
for that stock on the New York Stock
Exchange The high OF Union Pacific on
the Consolidated was 1904. against 1905
on the other board Steel sold as high $
553s, against 55i.. and did not get under
5il2, against a low on the other exchange
OF 547s. Reading. which changed hands
TO the extent of 1850 shares. sold as high
as 1885, against l59la On the $3.50 o'clock
opening call Amalgamated Copper showed
the most change from the night before.
being down y Of point. The New York
Stock Exchange. when 1t opened at 10
o'clock. agreed with the Consolidated call
price for Amalgamated, the first sale
there being at 6S44.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
JUDGMENTS RECORDED.

The following judgments for amounts
exceeding 500 were tiled yesterday. the
first name. being that Of the Judgment
debtor:
Abrams. Meyer. LYMAN Abrams and samuel
1. Cohen-S Brown 81, O9i 10.
Arida Antonio-Cheney Brothers, S7,7OO %.
Bagby. James, Cohen, 500 65
Blodgett Tilden-J. Dickson. 1920 81.
Blakiey, Dora H.-Neyada Realty Co. sio6 80
Berger William j. NJ. DE Birmingham,
$50 OF.
Canayan, Charles C.-Macgowsn & Slipper,
Clevenger. Joseph R.-sixty Wall Street.
Dundy, MARY B-I. stiefel s49s is.
Devaney, James-D. NJ. Frank. s296 OF.
Dolan. John WI NJ Deyo, So 100 81.
Del Guidice. Lucrezia and Tommaso-E. Badt.
Evans Rufus A--c. NJ. Meeks. sos 81.
Frunkes, Louls-S. Fein, Sll2 7s
Fink. Louis-Blg Four Printing Ink Co..
1894 o.
Folsom. FrancIs--E Dupuy, 1905 Sc
Fliss Joseph, and Max Gordon-A. Feldman
Ssi2 SIS
Geller. samuel. adm.-city OF New York;
costs, S2S7 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
FINANCIAL NEWS
and COMMENT
Paragraphs for Investors
Interesting Topics
of the Day.

The outlook for currency legislation is
not promising before the holidays, and
how much longer after that period before
bill Will be enacted is a question. In
the mean time the country at large. and
Wall Street In particular. will be held in
state of suspense. The benefit that may
come from reasonable banking and cur
rency measure is so debatable that the
stock market will hardly attempt to dis
count results, as is done frequently in
other prospective events.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
Detroit Edison Company.

The Detroit Edison Company will hold
special meeting on December II 10 vote
on plan TO increase the capital stock by
sl0.0OOO00, making the new capital $780,
600, 900, and TO authorize an issuance Of
100000 convertible debenture per cent
ten-year bonds. The directors believe
that the company should provide approx
mately s3,500,000 to pay the floating debt
contracted for construction work recently
completed and improvements and extern
sions now in progress or the bonds
S3,5O0OOo are 10 be issued soon after they
are ratified. OF the new stock. II is said,
none will be issued at this time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
COTTON RECEIVERS
AN OPENING BREAK
Ginning Report Sends Prices
Off, but Free Buying
Causes a Rally.
WEATHER FOR COTTON STATES.

For Florida fair to-day and tomorrow
moderate northeast and east winds.
For North and South Carolina and Georgia,
fair to-day and tomorrow; light 10 moderate
variable winds, mostly south.
For Alabama, fair to-day and probably to-
morrow: moderate southeast 10 south winds.
For Mississippi, generally fair to-day and
tomorrow; somewhat colder tomorrow In
north; moderate southeast to south winds.
For Louisiana. fair Saturday and probably
Sunday; moderate southeast to south winds
For Eastern Texas, fair to-day and probably
Tomorrow; somewhat colder tomorrow In the
northwest: moderate southeast TO south winds
on the coast.
For Western Texas and New Mexico. fair to-
day and tomorrow
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22

Cotton traders at first gave a bearsh
Interpretation to the Census Bureaus
ginning report Of operations to Novem-
Der IA, but when it was seen that spinners
were buying freely to fix prices and cover
for over the week end the market rallied.
The close, firm, was at a net gain Of 4
to points
The Census Bureau reported 10, 434, SS7
bales ginned TO November IA this year,
against 0.299,6t6 last year and II ,3l3, 236
two years ago. The amount ginned dur
ing the first half Of November was 1885,
434 bales. or the second largest in the
history of the reports In 1906 ginning for
this particular period was 1,655,a7 bales
and that season there was only $50 per
cent of the crop ginned to November H.
This feature OF the report was evidently
taken by local bears as strengthening the
larger views OF the yield, but numerous
reports from the South that picking and
ginning We're nearly completed served TO
encourage some of the smaller crop men.
and the report left the trade as far apart
as ever in the matter of crop estimates.
The percentage OF the crop ginned TO No
vember IL for the last ten years has
averaged 724 per cent. On the basis OF
this average the present ginning figures
would indicate a crop OF 14,4l2Ooo bales,
excluding linters.
Southern spot markets were unchanged
10 &c lower, and the local market held
quiet at 1900 for middling upland: no
sales: delivered on contract, 5000 bales.
Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
New York. November u. 1913.
GRAIN - WHEAT - Price changes we

New York. November II, 1913.
GRAIN - WHEAT - Price changes were
again narrow most OF thu day. but late In
the session an easier tone prevailed and final
prices were near the bottom. with net losses
of aahc There appeared TO be a general
disposition TO liquidate holdings, and senti-
ment more bearish, although export SAFES
recently have been larger than generally re
parted. The selling movement was based on
the belief that crop conditions in the Argen-
tine had improved, and this theory was
strengthened by private cable from Antwerp
estimating the exportable surplus from that
country at 90OOO0oO bushels, although II was
thought that the quality would not give gen
eral satisfaction. The continued heavy re
ceipts at Northwestern points were also
against values, and the total interior move
ment far this week shows a gain Of about
500. 900 bushels over last week, and as ex
ports from the seaboard have fallen or nearly
400, 600 IL was thought that the visible supply
on Monday would again show good increase.
Liverpool showed firm tone and reported
firm offers OF foreign wheat, but Paris was
lower, owing TO favorable weather and m
creased offerings OF native wheat, as we'll as
larger arrivals from abroad No red winter
was quoted at eTI9c. c (, New York, export
basis and 9ec, { b; No Northern Duluth.
sec. o b. CORN-Weather conditions were
not favorable for curing and moving the new
crop, but this is the time OF the year when
receipts OF new corn are 10 be expected; longs
seemed disposed 10 lqudate, and prices
lower closing at net losses OF &d%c. Old
No = yellow quoted at S2l7c. elevator, domes-
tic. OATS-Fet the influence OF the decline
in wheat and corn and prices we're easier.
quiet: standard white, 48947c; No 2, 47g47hc:
No 3. Ash 946c; No 4. 4lisd45c; ordinary
clipped. 44LG46isc: fancy clipped. 4Ta4sc, all
elevator RYE-Steady: No Western. 6T1sc.
(, New York. export BARLEY-Market
quiet: mating. 66d77c, c e. Buffalo. Wheat.
including -four exports for the week accord
ing 10 "Bradstreet's" aggregate 6I4e 023
bushels, against 759913i last week and g.
1887 last year; since July l. 119 PCS, 1885
against 50. 40 2i9 last season. Corn exports
for the week. 1913, against 1880 last week
80. 464 last year: since July I, 994, 237 against
1,420, $50 last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
Foreign Competition Not Hero.

Reports received from steel and iron
trade centres show that there are dimin-
ution Of orders and a gradual reduction
OF prices. This Is not due so much to
tariff, II at all, as TO the general letting
up Of Industrial business as result OF
reduced buying on the part OF railroads
and other consumers. There seems TO be
slight prospect OF any attempt on the
part of foreign steel manufacturers to
enter this market. as prices abroad for
steel rails and some other products are
as high as or higher than they are mere
and with further reductions in prices In
sight in this country. It probably will be
some time before English and German
steel makers show any determined ei-
fort TO participate In American trade.
Manufacturers agents representing for
eign interests who have attempted 10
work up some enthusiasm among the for
eign steel makers in this market report
that their efforts have not met with any
encouraging responses abroad, and the
United States Steel Corporation and indie
pendents for some time TO come. at any
rate, will continue TO have the field to
themselves
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22

PROyISIONS-Ths market for hog prod
ucts was easier owing TO predictions OF larger
receipts OF live hogs in the West. lower prices
PORK-S;eady. Mess, s23 25a$o3 70: family.
S24 J0ds27 70; short clear $40 2ds22 BEEF
Mess, slSds1s so; family, $40 5OcfSaO so:
packet. SIS 50dsl9 so: extra India mess, $3.50
ike: pigs. 12hc. CUT MEATS-Pickled bel
lies steady; 10 10. lax dl5c; - 10. 10: Is 10,
l3Ac Picked hams dull, l3kc. TALLOw-
try. 6n6&c. LARD-Easy: Middle West.
10 esq II .ooc city. l0&G10Tso; refined, Soatb
Continued on sixteenth page.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
WOULD HELP SOME.

From The Elmirs Advertiser.
What the world needs is not honest
men alone. but honest men who can use
their honest wits as quickly as the dis
honest men use theirs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22
BUSINESS REVERSES

ALBERT BROTHERS-Petitio filed against
Morris Albert. Abraham Albert Mayer Nathan
and Alex Landy, composing tho firm OF Albert
Brothers. manufacturers OF overcoats and
suits at No. lGl Lafayette street. Creditors
H. T. Mckinney & Co, $1,000: James +.
White & CO.. 500 and f. Victor 4 Achells
500 Judge Hough appointed Jesse Watson
receiver Liabilities are said TO be $4,000
assets probably 500 600
LEVITT. MILLER & BRowN-Petition nled
against Abraham Levitt, Louis Miller ana
Morris Brown. who compose the firm OF Levitt.
Miller a. Brown, manufacturers OF plain ana
embossed paper at No. 80 West Houston street
Creditors: Kupfer Brothers Company, S227; &.
ID Hewitt Company. S24T, and Paulus u
Howell Press. SIS. Judge Hough appointed
Harry Qzterman receiver. Liabilities are said
to be $1,000; assets, $1,000. 49,.
PRUDENTIAL POST CARD AND NOV
ELTY COMPANY-Petition filed against the
Prudential Post Card and Novelty Company,
importers OF post cards at No 50 Duane
street Creditors: Beger Rocket. SioI;
Martin Schlesinger. OF Berlin, $50. and Pru-
Dental Art Company, s45. Liabilities are said
to be $1,000; assets. $1,000. The company was
incorporated in December, 1911. with capital
stock g., 900.
Joseph sTEIN-schedules Of Joseph stein.
ladies' tailor, al No. 81 West 45th street.
show liabilities OF $40 G97; assets, S23,6S3 con-
slstlng OF stock. 50. 000 machines and fixtures,
81. 772; accounts, S9S30 and books $40.
AMOUNTS UNDER $4,000.
THE FAvCRITE CoMPANY-schedules OF
No 535 Eighth avenue, show liabilities OF 30
GA. assets S300S. consisting Of stock, S2,OOO
fixtures 81 900. and cash In bank. 81.
CHARLES GOTTLIEB co. CORPORA
TION)-Judge Hough appointed w. L. Bryant
receiver for Charles Gottlleb & Co. CORPORA
tom manufacturers OF cloaks and suits at
No "a West Goth street; bond. $1,000.
IDA OBSERVATION-DISCLOSURES hled against
Ida Scheinberg. dealer In women's and In
fants' wear al No IS Lenox avenue. Creditors;
Rem l.. Levy 1925; Rosenstock Cohn, Inc.
$50 and Buster Brown Hosiery Mil, 500
Judge IIough appointed Ida H. Albert re-
ceIypr. bond $3.50. with authority TO continue
business ten DAYS. Liabilities are SAID 10 ne
81. 100: assets. 81. 700.
KIMMEL & NElMhN-Petlton filed against
Samuel Neiman doing business as Kimmel q
Nelman, fIrriers at No. 1873 West 18th street.
Creditors: Morris +. Haelzer * Co. Ssl5:
Herman Basch & CO.. 1923 and BENJAMIN
Rrookner. s35. Liabilities are said TO be 81. 900
COHEN NEUTRALITY-SUSPICIOUS. OF Cohen
Brothers. manufacturers OF shirtwaists. at No.
liz sprIng street. show liabilities OF 81, 23l :,
assets 81. ss7. consisting OF stock, 500; ma
chimes and Axturos. $4,000; accounts, $3.50. and
claims. 81. OH. .
schedules OF William Padernacht. as the Elite
Dress and Skirt Company at No. IL West
ism street. show liabilities OF $3.50: assets.
SAME consisting Of stock, s2.J0o: fixtures,
$3.50: accounts, Sli5, and cash In bank, $3.50
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-22

Weekly report az tho New York Cotton TX
change: Port receipts 4i8. 252 bales. against
5l5 4g3 last year; overland to mills and Can
ada. A. 26G against 1883 last year, southern
mill takings .G0D. against 100000 last
year: gain Of stocks at interior towns, 0obOi
against o. Ty4 last year; brought into sight
FOR the week, 6ji 1872, against 1880 last
year Total crop movement-Port receipts:
4.s7G 22i. against 1857 SD last year. overland
20 mills and Canada. 3i 1913, against 2t7 40
last year. Southern mill takings. SIoVO,
against $4,000 last year. stock at Interior
towns In excess OF September /. 54O6i2.
against 501. 93l last wear; brought into sight
FOR the season. 6535,0s against 6,6o7, los last
year.
Liverpool cables: spot quieter; sales. 1000
bales. speculation and export 500. Ameri-
can, 5000 Imports T. CO., all America;
steady. to points lower closed steady. :
10 points lower. November, 7l0d: Novem-
ber-Deccmber. S91d December-January,
& 9ii1d. January-Febriary, 6.S4d; February
March. 6.04jsd. Msrch-ApTll $3.50; April
May ana May-June. 605isd; June-July.
y o2ild; Juy-August, 5000. August-septem-
Der I5d September-october. 6.5Od; October
November. d. 4Oi Manchester-Yarns IN buy
ers favor: cloths dull