davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
Money SCARCE HERE,
SAYS J. P. MORGAN
r.ll for Capital Greater than
The Supply, He Tells Upstate
Public Service Board.
n Y. CENTRAL WITNESS
r.stifes on Roads Plan to Ex-
scute Mortgages in Consol-
idation of Lake Shore and
Michigan Southern.

money market where the demand
=, oonital is greater than the supply
y, where this condition may continue
-. sone time exists at present in this
,,,,rv according to the statements Of
% Morgan. Of J. P. Morgan e Co Mr..
,organ gave his estimate of existent
s.anc,al conditions when he was called
-, ~ testify yesterday before the
o.Auc Service Commission of the
- district on the application Of the
va York Central Railroad for permits
.,or N execute mortgages in connection
.J,h the consolidation Of the Lake Shore
"a Michigan Southern railroads.
aThe present trouble" Mr.. Morgan
la .4s that the call for capital just at
.,ssspt is a little greater than the avail
,hs amount. I mean that the legitimate
,,sas of business are greater than the
.,s,,able capital just now, and that the
demand for money is higher than it has
hssn at other times
How long do you suppose present
conditions will LAST" the witness was
,sksd by Commissioner Martin $
Decker
Well can hardly give an opinion on
that" Mr.. Morgan answered.
Mr. MorganS company is the fiscal
,eept for the New York Central Rail-
mad and his testimony urged the ad-
debility of placing the necessary bonds
If per cent for 3i5 per cent holdings
IN the New York Central on the market
G, these figures This he advised as Of
fering tempting security.
Asa further commentary on the pres
.nt financial situation. the witness
asked permission 10 cite an instance Of
conditions connected with the efforts Of
the state Of Tennessee to borrow money
THE state Of Tennessee" he said,
wanted $4,000. 900 and could not get it,,
and then they issued one-year notes TO
that amount. Yet they couldn't get IL,
and Yesterday they came around trying
10 sell those notes. Still Tennessee has
lust as good security as any other state.
1T isn't matter Of security so much
as II is Just now of available money.
The money just isn't available for the
needs just now. SO from the case Of the
State Of Tennessee you will find a pretty
fair example Of the state Of the financial
market"
Briefs in the case in question will be
fled within two weeks, with an addi-
tional week afterward in which 10 make
reply Mr. Morgan declared in his testi-
mony that the majority OF the stock
holders Of the companies who had been
approached by representatives OF his
firm have indicated their willingness TO
take over the other properties with the
New York Central.
The Mutual Life Insurance Company.
with slo,0000oO stock holdings. which
originally opposed the move. is now in
agreement with the proposition. he said.
The directors 10 the transaction are
represented by J. Aspinwall Hodge. as
counsel, who is also looking after the
interests Of the Continental Securities
Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
FRISCO INTERESTS AGREE
Third Receiver May Be Named
to Aid Present Ones.

Concerning reports that bondholders
Of the ST. Louis & San Francisco Rail
way will apply for "A third receiver be-
cause Of objections 10 the two receivers
already named. il was learned yesterday
that there is no opposition TO the present
management and that II a third receiver
is named II will be only to facilitate the
reorganization. If there was any fric-
ton between the roads bankers and the
bondholders on the one side and the
management on the other this has all
disappeared and all are now working to-
gether in harmony for the rehabilitation
OF the property.
II is believed that the federal court al
ST. Louis will see the necessity for third
receiver despite the added expense. one
OF the receivers. Mr.. Winchen, has prac-
ticaliy all his time taken up by the opera
ton OF the road. and Thomas n. West.
the other receiver. would willingly be re-
neved of part OF his duties Of looking
after 'Frisco's financial needs because of
his large banking interests.
1t was suggested that G.. W. Hillard'
vice-president Of the Frisco, and now its
New York financial agent, would be the
proper candidate for the third receiver.
II was pointed out. however, that OBJ
jections would be raised 10 his appoint
ment because Of his close connection with
the company 4 lawyer who has had
large experience in railroad reorganiza-
tons Will be chosen should q third re-
ownership be decided on.
st. Louis. June 24.-Receiver WincheH
said to-day that he and Judge Priest
and one or two others will leave for ST
Paul tomorrow 10 present matters In re-
gard to the payment Of the July interest
on the ST. Louis & san Francisco refund
ing mortgage per cent bonds 10 Judge
sanborn. Instructions as to the payment
will probably be given them there the
latter part Of this week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
MEXICAN LOAN ALLOTTED
U. S. to Get S8,50O,000 of
S30.000,O0O Bond Issue.

Details Of the new financing OF the
Mexican government were announced
Yesterday by the American participants.
Kuhn. Loeb & Co. and J. p. Morgan q
Co. The total amount 10 be offered at
present is an issue Of 100000 ten-year
per cent bonds OF the United States Of
Mexico These offerings will be made on
July ! and the public subscription has
been allotted as follows:
To France. $4,000: 10 England 81
5000, and 10 the United States. $500,
W The Offering will be made stimuli
taneously in New York. London, Paris.
Berlin, Amsterdam, Antwerp, Basic.
Geneva and Brussels.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25

tary science and tactics. Rutgers sclen-
tidc school. New brunswick. July Is.
First Lieutenant FREDERICK W. BOS,
CHEN 18th Infantry. from Army and
Navy General Hospital. Hot Springs. Ark,
to his regiment.
First lieutenant GEORGE H. CASADAY,
dental surgeon. on arrival In United
states 20 Ietterman General Hospital.
Preside of san Francisco.
Ieatcs % absence: Lieutenant Colonel BEN
JAMIN W. ATKINSON. "a Infantry, from
July 20 September 80 thence 10 Hawaii
october .. Lieutenant Colonel THOMAS j.
LEWIS cavalry. three months. Major
months from June 30 First Lieutenant
WALTER ID. SMITH. cavalry. one month
First Lieutenant WILLIAM H. RUCkER.
"a Field Artillery. twenty days captain
WILLIAM BROWNING. 9th Field Artil-
RRoWNE. "a Field Artillery. one month.
thence to Philippines August ..
NAVY.
Commander THOMAS WASHINGTON. de
tached the Denver. command the Charleston.
Commander A. II ROBERTSON. detached the
Ensign Y. II. oBRIEN. jr, detached the
Ensign W. s. LEE. jr detached the New
Hampshire: navy rifle team.
Chief Machinst NJ J. CLANGY. detached the
Machinist NJ J. CLANCY, detached the
Louisiana. home; await orders.
Machlnist T. l.. SHANNON, detached works OF
phla: 10 the Louisiana.
chief Carpenter +. W. CRAIG. detached the
Indiana. home: await orders.
chief Carpenter c. s TAYLOR, detached
Maryland steel Company, Sparrows Point;
the Indiana.
MARINE CORPS
CAPTAINS f. l.. BIGLER. r. h. FARQUHAR-
son and W. y. HILL and First Lieutenant
\ MIC. ROBBINS, command.
MOVEMENTS or WARSHIPS.-These
movements of vessels have been reported
to the Navy Department:
ARRIVED.
June 2I-The Sterling. AT Key West
June 22-The Hopkins and the Perry, at san
Pedro: the Mohawk. at Indian Head, the Dol
phin. at Washington.
June 23-The Brutus az Charleston The I'LL
nos. at Antwerp the Petrol at Key West.
the Mohawk. at Norfolk yard.
SAILED.
June 22-The Mohawk. from Washington for
Indian Head. the Mohawk. from Indian Head
for Norfolk; the Idaho. from Vera Cruz for
Newport
June 23-The Nashville, from New York yard
for Portsmouth.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
FIRED SHOT TO CALL POLICE"

Following the discharge Of Frank Ben
incasa. chauffeur. who was accused Of In
trrfering with one policeman and trying
20 run down two others Magistrat" Cor
rigau. boz the West Side court yesterday
held Frank Belmont. of No. %, East 18TH
street. who confessed he had fred re-
yolSer during the excitement Belmont
said his purpose was 90 attract a police
man % Paul KeIlys garage. IN West ilst
street. where Louis kaufman. the COM
pla'nant against Bcnincasa. alleged he
had been swindlcd while gambling.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
MAY NOT NAME RECEIVER
Bay State Court Hears South
ern New England Case.

Boston. June 24.--The Southern New
England Railway Company, organized as
subsidiary Of the Grand Trunk Rail-
1ray IN construct an extension Of that sys-
TEN from Palmer, Mass, 10 ude"ater AZ
Providence. will not be placed IN the
hands Of a receiver at present Judge
Braley. Of the Supreme Court, so ruled
to-day.
The petition for receiver was brought
bv Iobn Marsch. a contractor of Chicago,
who claims that his contract with inc
Southern New England has cost him ST.
100000. Of which only 100000 has been
paid The case will come up In the Su-
IRENE Court again on Thursday. when
counsel will report on the question OF
transferring II 10 the United states Court
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
PARIS SHOPS,
MAGNET OUT FOR RECORD
Maurice Hewlett Hopes to Bet
ter Time to Arrowhead Inn.

Maurice Hewlett has the coach Magnet
I'm commission again FOR the first trip OF
the season from tho Hotel Martinique 10
Arrowhead Inn tomorrow. Mr.. Hewlett
will drive span Of SIX. leaving the Hotel
Martinique at 8 o'clock. and attempt 10
brcnk the record between the two places
lie plans TO follow the usual route and
20 arrive AZ Arrowhead Inn In time for
dinner party TO be given in honor OF
j. W Waring
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25

Thursday probably local thunder showers:
light south winds
For Eastern Pennsylvania and New Jer-
sev. cloudy to-day. probably followed by
showers by night. Thursday. showers. light
south winds.
For Delaware Maryland. Dist riot Of Co
lumbia and virginia. cloudy and warm. prob
ably local thunder showers, to-day and to-
, morrow: light south winds.
For Northern New England. fair to-day.
except showers I'm Maine. Thursday cloudy.
probably showers. lieht variable winds.
mostly south.
For West Virginia local thunder storms
to-day and probably Thursday
For Western Pennsylvania and Western
New York. local thunder showers to-day and
probably Thursday. moderate south winds.
with squalls.
Local Ohicial Record.-Thc following Off
cial record from the Weather Bureau shows the
changes In the temperature for the last twenty
four hours In comparison with the correspond
ing date OF last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
HELD FOR $500 STREET ROBBERY

Samuel Imberman. a clockmaker. OF No
AZ Ridge street. and Joseph Schwartz,
waiter. Of No. lis Norfolk street were ar
raigned IN the Essex Market court yes
tcrdav. charged with assault and robbery.
and held in $3.50 bail each by Magistrate
Murphy. Joseph Bitter, OF 40 az cherry
street. said that early yesterday morning
the two men had robbed him Of 500 and
a gold watch. following an assault in
front Of 40. l69 RivingtOn street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
CUTS DIVIDEND IN HALF
Arlington Mills Blames Tariff
and Strikes.

Boston. June 24.-The Arlington Mis-
Of Lawrence. second in size TO the Amer
lean Wooden Company among the ~ooilen
manufacturing interests Of the country
cut its dividends in half to-day. declaring
q rate Of ? per cent for six months
This is the lowest rate Of distribution
since 1881
Poor business. impending tariff changes
and the garment workers strikes OF last
winter are given as causes Of the reduc-
ton. The mills are employing little more
than half the normal force Of 5000
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
CREDITORS SUE A. W. POPE G. co.

mated at 5000 and assets OF only one
sixth Of that amount. the shoe findings
firm Of A W. Pope & Co. was petitioned
INTO bankruptcy by creditors in the
United States District Court to-day.
Among the petitioning creditors are
Recherhof. Rafier & Co.. Of New York.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
THE WEATHER REPORT.
OniclaI Record and Forecast. Washlng

Official Record and Forecast Warrington
June 24-Prcssure continues high of tho At
1antjc Coast. and II is decidedly below nor
NAL over the plains states and the upper
Mississippi Valley. This pressure distribu-
ton is causing continuation ~ warm
weather In all districts east OF the ROCKY
Mountains. while over the Rocky Mountain
and plateau regions and the Pacific states
temperaturcs remained moderate. There
uere scattcred showers and thunder storms
in the Middle Atlantic and South Atlantic
states the Ohio. upper Mississippi and MIS-
souri, valleys. the north Rocky Mountain re-
gion and the north Pacific states. FAR
weather prevailed generally elsewhere.
A disturbance that now covers the plains
states will advance slowly east and be at
tended by general showers and thunder
storms wednesday in the plains states ana
Wednesday and Thursday In the MISSISSIPPI
and Ohio valleys and the lake region. over
cast weather and light local showers are
also probable In the Atlantic states and the
Rocky Mountain and plateau regions. In
the Gulf states and the Southwest the wealth d.
er will be generally fair Wednesday ana
Thursday
No decided temperature changes are in
dicatcd for any part OF the country dur
ing the next forty eight hours
The winds along the New England coast
will be light TO moderate variable; Middle
Atlantic coast light south. South Atlantic
and East Gulf coast, light TO moderate south
and southeast. West Gulf coast. moderate
south: on the lower lakes. moderate south
and southwest with squalls: upper lakes.
moderate variable. mostly south. thunder
squalls. ,,,,
Steamers departing wednesday Tor Euro
mean ports will have moderate variable
winds and generally fair weather to tho
Grand Banks
Forecast for Special Localities.-for East
ern New York, fair to-day; Thursday. prob
ably local thunder showers; light south
FOR southern New England. fair to-day;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25

ORDERS ISSUED.-These army and
navy orders have been issued:
ARMY
Colonel WILLIAM PAULDING, 4th Infantry.
TO army retiring board at Texas city for
examination, thence 10 proper station.
Captain JOHN j. MILLER. 10Th Infantry
To recruiting service, Toledo. vice Captain
HANSFORD l.. THRELkELD. both In
fantry. Captain THRELKELD TO his regi-
ment.
CAPTAIN WILLIAM W. TAYLOR. Jr, 10Th
infantry. detailed to enter next class army
school Of line. to Fort Leavenworth, Au-
gust 90.
First Lieutenant WYLIE T. CONWAY. 9Th
Infantry, to Pacific branch. United states
Military Prison. AlcatraZ July g.
First Lieutenant WALTER h. PROSSER,
signal corps. expiration leave Of absence.
10 Ith Field Artillery.
First Lieutenant LUKE II. PECK. medical
reserve corps. on arrival In United States.
10 Fort Meade.
First Lieutenant 4. ELLICOTT BROWN,
10th Infantry detailed as professor mill
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
PUBLIC eATHs COST $4,000.

Plans have been filed FOR installing
two new swimming pools. one Tor women
and the other for, in the public bath
AZ 80 80 20 As East jth street. Charles
g. Armstrong q Son are the architects.
The cost Of installing these pools and
making necessary alterations for tho I'M
staIlatiou OF the same has been placed
at 10000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
U. S. AID ASKED FOR JEWS.

Washington. June 2i-Friendly in,crces-
sion by the United States in behalf Of the
Jews In Rumanla was asked to-day In a
resolution introduced by Representative
Moore. Of Pennsylvania. at the request
Of the Federation OF Rumanian Jews In
Philadelphia.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25

Highest temperature yesterday, IS degrees.
lowest 60 cat a. M. average. II average
FOR corresponding date last year, 10. average
for corresponding date last thrty-three
years. II.
Local Forecast Fair to-day. to-morroY.
probably local thunder showers; light south
winds
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
SU[ZER MAY SEND
C0HALAN MESSAGE
Belief Growing That Senate
Will Get a Special COmmu-
niCatiOn Tomorrow.
BAR ASSOCIATION ACTING
Grievance Committee Working
to Have Report Ready to
Send to the Governor
in a Few Days.

lFrom STAFF Correspondent Of The Tribune. }
Albany, June 2t-Without any definite
announcement from any source, the i'm
preston is beginning to gain ground here
that Governor Sulzer is planning to send
in an emergency message Of some kind
on Thursday just before the prospective
adjournment of the extra session. bring
ing the case of Supreme Court Justice
Cohalan and the Connolly charges before
the Senate.
Men who are credited with being fairly
close TO Mr.. Sulzer said to-day that the
possibility Of the action in the COhalan
case by the Bar Association furnished one
reason for the Sulzer policy of sending in
messages at the rate OF one or two a
day TO the legislature. BY that means,
IL was explained. the Governor could hold
the legislators here for some time II not
indefinitely. awaiting some report from
the grievance committee OF the Bar AS
ISOLATION.
IL was said that the Bar Association had
sent word TO the Governor that il would
probably take about one more week 10
finish up the case. The present prospects
are that IT would be difficult for the Gov
ernor to hold the Legislature here that
long unless he frankly requested an adj
iournment Of one week for the express
purpose Of receiving the report OF the Bar
Association on Justice Cohalan.
Tammany legislators. IT is believed,
would agree 10 such request, because
they would want 10 clean up the Co
halan case as soon as possible. and par
ticularly because they realize That 10 take
any step that could be construed as run
ming away from 1t would be "A black eye
for Tammany in the New York city mu-
niclpal election.
The grievance committee Of the Bar As
ISOLATION. which is investigating the Con-
molly charges against Justice Cohalan. is
holding extra sessions this week II was
learned Yesterday In order 20 facilitate
the inquiry and send its report TO Gov
crnor Sulzer az the earliest possible mo-
mcnt II had been expected that the In
vcstigatlon would he completed here In
time 10 submit report by tomorrow.
when the special session OF the Leglsla-
ture may adjourn. bat IL is understood tho
committee needs several days yet to for
muiate their prcscntmcnt.
The grievance committee held n special
meeting yesterday. II was said. and will
hold the regular meetings to-day and to-
morrow. with extra sessions probably Fri
day and Saturday. 10 IS surmised that
the report ~ the committee will recon-
mend the removal or impeachment Of Jus
tice Cohalan. based on the findings In the
Connolly charges.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
Temperature. Weather.

On,cial observations OF United States
weather bureaus. taken at p. m. yester-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
Humidity.

sa. M. SIS Up. NJ. 10 SPIN. 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-25
ARMY AND NAVY ORDERS.
From The Tribune Bureau
Washington. JlI

ORDERS ISSUED. These army and
navy orders have been issued:
Arizona republican., 1913-11-26
RESOLUTION NO. 643

A RESOLUTION ordering an cleo tion to authorize the issuance of bonds for funding the floating in debtedness of the City of Phoenix up to July 1, 1913; for purchasing two tracts of land for park purposes, for street improvements; for the enlargement and improvement of the Fire Department of the City of Phoenix and for Street Lighting Bonds.
 THE COMMON COUNCIL OF
 PHOENIX DO RESOLVE AS
 FOLLOWS
 First: That the following propo- sitions be. and the same are hereby
Arizona republican., 1913-11-26

principal to be due in forty (40) years from date hereof, provided that The Common Council of the City of Phoenix reserves the right to pay off such bonds in their numerical order at the rate of Thirteen Thousand Seven Hundred and Fifty Dollars
 C$13, ,75000) thereof per annum from and after the expiration of twenty
 (20) years from their date, all
 of said bonds to bear interest at the rate of five per cent per annum, interest thereon shall be paid semi i-annually on the first day of January and July of each year af- ter their issuance. Principal and in terest shall he paid in lawful money of the United States of America in the office of the City Treasurer of the City os Phoenix. Maricopa Coun- ty, State of Arizona, or at such Bank in the City of Phoenix, in said State and County, 0r in the City of New York, in the State of New York, or such place as maybe designated by the Common Council of the City of Phoenix, a the option of the holder of said bonds; place of payment to be mentioned in said bonds, and shall be made payable to bearer, and said bonds are to be signed by the Mayor of said City of Phoenix and attested by the City Recorder thereof, and have the sea of the said City of Phoenix attach.d thereto, and each
 ond shall have in crest coupons at tached thereto so that the same may be removed therefrom without mu- tilating the bonds, for -Ee semi annual interest to accrue thereon,
 Er e-T
 mile of the signatures of the Mayor and Recorder of said City of Phoe- nix Autographed or printed thereon, provided that it shall not be neces- sary to impress upon such coupons the seal of said City of Phoenix. Said bonds shall be sold by The Common Council of the City of Phoe- nix at a regular or special meeting called for that purpose after caus-
 ing to be entered upon the records of said The Common Council of the City of Phoenix an order directing the sale of said bonds and the date and hour of said sale, and shall cause a copy of said order to be published for at least four consecu- tive weeks before said sale in such rdaily or weekly newspaper or news papers as may be designated by said The Common Council of the City of Phoenix, together with a mo-
 tice that sealed proposals will be received by it for the purchase of said bonds on the date and hour named in said order. Said The Com mon Council of the City of Phoenix shan at said time, and at a meeting to be held for such purpose, open all sea'ed proposals received by them and shall award the purchase Of said bonds to the highest and best resp 3nsib1e bidder. provided that none of said bonds shall be sold for less amount than par with ac- crued interest; and all bids or proposals received for the pur- chase of said bonds or other evil
 dences Of indebtedness shall be ac- companied by certified check not less than five per cent 6 per cenD of the total amount of said bid and
Arizona republican., 1913-11-26
CHORAL SOCIETY ID
 SING FOR '. W. [. 4.
Cantata Will Be Given Under Direc-
 rection of William Conrad Mills.

An event of interest to music lovers will be the concert given by the Phoenix Choral Society at the Ari- zona School of Music, December 4 Part two of the programme will be the rendition of a song of Thanks giving by Maunder This cantata has been sung with much success by choral organizations and large church choirs throughout the country. The theme and musical score are of such merit that it has been rendered many times in Washington, D. c.
 It's merit is further attested also by the fact that the famous salaried choir Of Old St Johns Church gave it two renditions two years ago. This is the choir of what is popularly known as the church of Presidents II is composed of thirty boys and twelve men. and as an organization, it has assisted at many special and impressive services at the White House-for the German Ambassador al the marriage of his daughter, the Countess Von Bernstorf and the fun eral service conducted for the late King Edward when this nations Presi- dent and his official family and the members of the foreign diplomatic corps were in attendance.
 Under the direction of William Conrad Mills the Phoenix Choral So-