davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
MONEY AND EXCHANGE.

THE MONEY MARKET--Call money :
Rates: Opening per cent; high-
est 10 per cent, closing per cent Re-
neUaI rate. s per cent. Time money
Rates: "a. as per cent for sixty days,
Nail per cent for ninety days, 40 w o
nor cent for four, five and SIX months.
Mercantile paper Rates: pa 90 PEI e tia
for sixty 20 ninety days DlIlS recelNa oI '
ia. T6 per cent for choice four 10 SIX
,,,6ntbs' single names and per cent Tor
others.
FOREIGN EXCHANGE. Yesterdays
ouotationS: Demand sterling, 4.S6O5; ca
bIes 4.S555; siXty-day bllls,, 4.oU9s y
1905: short francs. 5.2lA less I-Io'
short reichsmarks, 94Ss
DOMESTIC EXCHANGE. - Boston
mar. Savannah. buying 3-l6c discount
selling par: San Francisco, Soc premium,
&c M. Charleston, buying par selling
iStsc premium: Chicago, exchange be1ore
cIearings 15c premium; New Orleans
commercial 75c discount. bank VI prem
ium: ST Louis. exchange par DID, &c
premium asked.
SILVER MARKET.-Bar silver IN
London was steady at 27'sd, an advance
OF sd.
SUB-TREASURY.--T United States
Sub-Treasury was a debtor at the ClearS,
ing House yesterday TO the extent OF
$73,795.
RANK CLEARINGS.--New York, eX-
changes SS26.914,413, balances SlS'SeV;-
$40 Boston, exchanges s25,-el 90 i, pai
ances SS72.364; Philadelphia, exchanges
sasS65'O6l. balances 81 .SlS,6n; Pitts
Snpgb' exchanges sS.50S.369; Chicago, ex-
changes s4S.Ol6,S1S, balances S2,22I3os
ST Louis. exchanges Sll,i75.6Sl' bal
anceT 81 ,4i9, 023.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
STOCK MARKET REVIEW
Hiqher Call Money Helps Other
Factors to Weaken Prices.

Pressure on the stock market was
continued with telling effect yesterday
and the downward tendency was en-
phasized by the rise in call money 10
10 per cent This feature alone wouid
have been sufficient to cause declnes'
hut there were other factors stimulat-
ing 20 the bears md discouragine u
bullish sentiment. From out OF tie
West he'd come a warning against nat
money by Frank Vanderlip In MS
speech before the Investment Bankers
Association at Chicago. and James J'
Hill had reflected on the INVESTMENT
situation by stating that the country
js "waterlogged" with bonds ana tha'
confidence cannot be restored until the
bond has redeemed its oldtime pres
tige.
on ton of these direct statements or
a more or less startling nature ny men
Of such prominence was the attitude Oh
the administration as expressed by sec
rotary Of State Bryan toward the IN
dustriaI combinations which are TO be
dealt with according 10 their deserts ny
Congress. Then there was the MeM-
can situation. which certainly had not
improved any overnight, and the COM
bined burden was greater than the
stock market could carry especially
when suffering from weakness devel-
oped during previous days. The situa-
b
London market which exhibited heaVl-
ness and sent over prices on the inter-
national issues below, the previous
days closing.
The opening on the New York STOCK
! Exchange was quiet. and the range of
prices was lower all around. The senh-
rnent of the Street was bearish, ana IN
fbe initial transactions there was a de-
cided lack of buying power, which en-
Couraeed an increase Of selling orders
and prices yielded accordingly, Al
fines when certain levels were reached
! during the day there were evidences Oh
support which gave the market an ap-
/ pearance of irregularity in its move
ments. n the early afternoon there
was no change in its appearance. and
the market remained dull and weak
The total volume of business for the
! day was comparatively small, and at
the close prices were slightly above
the low points recorded. Some inde-
pendent strength was exhibited in spe-
! cials. such as American Linseed, which
! continued its rise begun on Thursday,
| and the final quotation Of the preferred
/ stock displayed more than point sam
( over Thursdays close
Third Avenue. also exhibited hrm-
ness, but the action of trading as
whole in the last part of the session
gave little encouragement to an i'm
provement, although there were unnis-
taxable signs OF firm undertone in
many Of the leading issues. Bankers
were not inclined to take any serious
view Of the rise in call money, as 1t
was more the reflection Of the periodl-
cal demand for funds than any indica-
ton Of real stringency.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
DOCK EARNINGS DROP
Gross More than On =
set by Heavy Expenses.

The New York Dock Company i'm its re-
port for the year ended June 90 1915.
shows gross earnings of Sl,6iS'259' an IN
crease OF Sll,0J7 Net earnings were $4-'
797, a decrease of SIS, 37i. The years sur
plus after interest and taxes amounted TO
SOS ,2J7, loss of si9,6o9.
The report says that the larger part o.
the increase in operating costs was due
TO the greater cost of power ana Hsh.
supplied tenants in new buildings aRd
the organization necessary TO operate
manufacturing buildings and w. "H'1"
were completed during the year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
PUBLIC UTILITY SECURITIES.

oN,rnisbed by II. r. Mcconnell & Co.. No Is
Pine streeL)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
FOREIGN FINANCIAL FIELD
London and Continental Mar
ketS Record Further Declines.
tBy Cable to The Tribune. !

London, oct. 31.-After a fairly steady
opening prices displayed an easier ten
dency in the stock market to-day, and
depression increased until the close of
the session. The dear money market
and the unfavorable situation in Mexico
together with the weakness on CONT
mental bourses, were responsible for the
heaviness here.
American securities opened dull prices
being practically unchanged. During
the forenoon there was an Improvement
but in the afternoon selling orders from
New York caused a lower tendency to
develop and the closing was easy.
Consols were Lis higher at az 1916
for money and u higher. at 1874 for the
account Canadian Pacific was 2, low
err. at 23l2i.
Gold premium at Madrid to-day was
SOS. against sos yesterday; at Lisbon,
1890, unchanged.
Paris. oct. 3l.-Prices were weak at
the opening on the Bourse to-day, but
at the close the tone was better.
Three per cent rentes closed 2l2 cen
times lower, at 81 francs 80 centimes
Cor the account.
Exchange on London, % francs 3OH
confines for checks.
Private rate Of discount. 37s per cent.
Berlin, Oct 3l.-The opening prices on
the Boerse to-day were slightly above
yesterdays closing. but a reaction fol-
lowed and continued to the end.
Exchange fon London, - marks 49l2
pfennigs for checks.
Money, 8 per cent
Private rate of discount, ~ per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
RAILROAD EQUIPMENT BONDS
AND CAR TRUSTS.
(siaturing 1913J2I)

FURNISHED by Swartwout & Appen1eiar. No
a. Pine street)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
NEW YORK CITY BONDS.
,.,,nisbed by w. N. Coler & Co.. No u Cedar
street,
Accrued interest to be sddedD

sCoupons interchsng eabie. fRegistered. tCou-
pons. IRsgistered and coupon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
TOBACCO STOCKS.

Quotations furnished by l.. l.. Winkelman n
Co, No. a Broad street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01

'EX dividend.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
SHORT TERM NOTES.

CMaturing 19i3r1s)
FURNISHED by Swartwout e. Appen1ellar Ne
~ Pine street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
HANDY REFERENCE.

Yields Of leading active stocks, based
on the present selling prices and fixed
dividend rates:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-01
To the Holders of
St. Louis & San Francisco Railroad Company
General Lien 1870 Year $50 Gold Bonds.

Under and order the United States District Court
and the District OF Missouri
will be made Receivers the interest maturing November
General Lien Gold Bonds the ST. Louis and
al Francisco Railroad Company
Holders herewith notified that of the
will be made after that date New
York of the Company, IA Wall Street
Bonds have been deposited with the
BondhoerS Agreement OF May 2S
with French holders conSd
with the
obtaining orders from the Court for the payment OF the
November coupon
It important bondoders who have deposited their
further delay that adequate
ly presentth of all BondholderS
Bondhoders therefore notified that for this and
in order to share in the benefits of the Bondhoe Agreement
they deposit their Bonds on or before November Zct
1918 with the Bankers Trust Company after which date Bonds
will be accepted only such penalty as we may fix
SPEYER g. co.
York, October 5ist, 1913
New-York tribune., 1913-10-05
FIFTH AVE. STORE LEASED
Hosiery Concern Gets Space IN
Former Kipp House.

Edward ]. Hogan has leased to Peek "
Peck. retailers Of hosiery, the northerS
store in the Kipp House, No. i@ fltth
avenue. between 39th and 10th streets, for
n term of years. The building Is being
extensively altered by \. Stern * Co''
who hold lease on the entire properly
and will occupy the balance OF the puilu-
ing.
Du Bois & Taylor have leased to .. &
III. Rudolph for long term the Mouoi
Picture Theatre in the Martin BuiIolie'
li5th street near Broadway. They ha'e
also leased in the same building for
long term the easterly store 10 restau-
rant company.
Van Norden & Wilson have leased Tor
the Whiting Development Corporation
the ninth floor at Nos. % and S3 West 3otn
street TO Joseph Brecher for q term OF
years.
Goodale Perry & Dwight, Inc, rented
the corner store in the st. James buiio-
ing. southwest corner 18th street ana
Broadway to the Public Bank OF New
York.
Pease & Gilman have leased a store at
No. l256 Madison avenue to q. Zimoler,
and space at No. 25 West 18th street 10
the American Scandinavian Foundation
Earls & Calhoun have leased for Pater-
no Brothers, from plans, for long term
of years the store on the easterly side OF
Broadway. rext to the southeast corner
of 18th street. to Davis & Klein. who VIII
occupy the same as another OF the United
Cigar Store Company's stores
New-York tribune., 1913-10-05
DOUoLAS MATBeWsON
DIRECTOR Noun SIDE
BOARD Of TRADE

2l9 29l and 223 East fifth street, three hVe
story tenement houses. on plot 75Xlcoo
feet, between Second and Third avenues.
According TO the records. Jessie Folsom
owns Nos 2l9 and 223. and Edward 5.
Rapallo the intervening parcel Mr.
ODonnell IS understood to have about
completed negotiations for the resale OF
the property.
Sales in The Bronx announced follow:
l.. j. Greenberger has sold for Charles
G. Watkins six lots in the Arden Estate
four located at the northwest corner OF
Kingston avenue and oak avenue and
two on the south side of Tiemann avenue
80 feet west of the Boston & Westchester
Railroad. The sale makes a total of thir-
ty-two lots disposed OF by Mr. Green
berger for the same seller In that section
within two months.
Edward j. KNAPP purchased, through
Clifford G. Roberts. as attorney, plot
5Ox125 feet, on the north side of l63d street.
225 feet east Of Prospect avenue. The
buyer will erect a five story apartment.
In the Arden estate property James Il.
Barry a. Co. have sold for Joseph Nc
Gowan two plots, one 5Oxl0O feet and the
other l0OXlc0 feet.
New-York tribune., 1913-10-05

the widest portions, giving a direct ff-
teen-mile driveway from Forest Park TO
the Nassau County line. The plan also
includes the Grand Central Parkway
through Cypress Hills Cemetery, which
proposition is now being progressed be-
fore the Board of Estimate. One Of the
suggestions of the Commissioner is that In
the development of this lJ0-foot thorough
fare a section be left for swift automo-
bile traffic, the grades of which shall con-
form to the undulating character Of the
present surface of the ground. This plan
would result in giving additional pleas
ure TO automobilists, inasmuch as there
will be another section level for CONNER
cial vehicles.
In connecting the greensboro Bridge
Plaza with the new East River Park at
Astoria, Commissioner Eliot has devised
a new plan. He suggests route by the
DEVELOPMENT of a parkway over the pres
.nt Crescent street to the park and then
skirting the East River through North
Roach TO the Newtown, Flushing and AS
toria Turnpike, which reaches Jackson
avenue near Flushing, at the head or
Flushing Bay. BY this plan there would
be proyided a waterslde driveway of near
lv ten miles, and as the city now owns
most of the highways the work could he
done at a reasonable cost. a north-and-
south parkway is suggested by way OF
the present Flushing and Jamaica Turn
nike and thence extended to the Fresh
Meadow Road, and then through lngle-
side. Kissena Park. Flushing and by way
of Central avenue to the waterside at
Baysde. A connection OF the proposed
parkway could be made, uniting the pro-
posed parks at the Alley. in the Douglas
ton section.
The plans of Commissioners Eliot have
received a general Endorsement from the
people interested In the development of
the borough.
New-York tribune., 1913-10-05
.PARKWAYS FOR QUEENS
Park Commissioner Eliot Com.
pIeteS His Report.
EIGHT-MILE BOULEVARD
Plans Call for Heavy Expendi.
lures, but Will Increase
Property Values.

Walter c. Eliot. Park Commissioner OF
Queens, has prepared report, in which
he proposes a system OF parkways uniting
the park systems of the borough, and
also forming a connection with Brooklyn.
The Commissioner since taking office has
been busy on work incidental TO the de-
velopment of Forest Park, Kings Park
and Rainey Park, and some of the small
er parks in the borough. Commissioner
Eliot believes that ii Will be necessary TO
expend millions before the parks OF
Queens are brought up to the standard Of
other boroughs. \ marked Improvement
has already been effected in Queens under
the administration of Commissioner Eliot.
lie feels that the inaccesibility OF the
parks does not put them within the reach
of the desired number.
Commissioner Eliot has conformed with
the Parkway layout OF the Queens Topo-
graphical Bureau In respect TO the streets.
but he proposes still further development
of other highways laid down by the bu-
reau, bringing them into the class of park
ways. II this development is carried out
the supervision and maintenance OF these
important connecting links will be shared
by the borough government and the
Parks Department. a number of bene-
fits. such as making the parks more beau
tlful and serviceable, will result from
this added responsibility. In the opinion
of the Commissioner.
The Queens Boulevard 200 feet wide,
extending from the Greensboro Bridge,
the gateway OF Manhattan to Long Is
land. a distance of eght miles TO Hillside
avenue, Jamaica, will form the central
feature OF the Commissioner plan. Prog
ress is now being made on the condem-
nation of the extra land necessary for the
widening of Hoffman Boulevard and
Thomson avenue. Spaces to be devoted
to pleasure vehicles are to be
provided on the avenue. Special provi-
sion will also be made for pedestrians,
and the elevated railroad structures here
will be a central parking space. beauti-
fled with trees. lawns and flowers. From
this boulevard to every section OF the bor-
ough there will be radiating streets and
highways.
The extension OF a broad, ornamental
over the line OF the Eastern
Parkway TO Highland Park, thence to
Fresh Pond road and thence connecting
with the Brooklyn Aqueduct is another
pIan outlined by the Commissioner. over
this aaueduct the city now owns 800
foot, strip, and 1t Is proposed to establish
a highway. together with Fairgrounds at
New-York tribune., 1913-10-05
OVER 125 DEFENDANTS
They Were Represented by 13
Lawyers in Suit.
ACTION TO PERFECT TITLE
Case Ends with Mrs. Rebecca
Mayer Becoming Apartment
House Owner.

Titles to the two vacant block fronts
on the east side Of Broadway extending
from l32d TO l3jth street which Barton
Chaplin sold for Mrs. Rebecca VI. Aver
last December, have just been perfected.
Both OF the block fronts were intersected
by the old Bloomingdale Road.
In the partition action, which was be-
gun last winter. to perfect the titles there
were over l2J defendants represented 5y
thirteen lawyers Some Of the defendants
owned as little as l-s6ith interest ~
the property. Daniel Griffin, OF Kendall
g. Herzog. conducted the partition pro-
ceedings.
Mrs. Mayer contracted TO exchange the
block fronts for the Hamilton Apartment,
a thirteen story apartment building con-
tanning eighty-hvc apartments, eighty
four of which are under lease. on a plot,
lvox1s4 feet, at the corner Of Riverside
Drive and ll4th street, just completed and
belonging TO A. c. e. II. VI. Hall.
The entire consideration was in excess
Of s2(0O,0oC.
The exchange was subject TO perfectng
the titles to the two Broadway fronts,
10th of which were intersected by the
old Bloomlngdale Road.
Deeds 10 all Of the pieces were execu-
ted and put in escrow. and the Messrs.
Hall took back a ten-year net lease on
Hamilton Apartment.
Pursuant 20 an order of Samson Lach-
man, referee, the property was sold on
the Real Estate Exchange on September
II last. and was bid in by the plaintiff,
who WAS thereby enabled to perfect her
titles and carry through the transaction.
An interesting feature of the closing
was that Mrs. Mayer. through the same
broker. purchased back and cancelled the
ten-vear lease taken by the Halls.
plans are being prepared by Moore
g. J,andsiedel, the architects, for the
pendbeim Construction Company for three
apartment houses to be erected at the
southwest corner of Sherman avenue and
Academy street, to cost $4,000.
The same architects have also COM
pleted plans for two five story houses,
each gxl05 feet, to be erected by the
Halpin Building Corporation on the south
eide Of Nagle avenue, 100 feet west of ELL
mood street. They will cost $4,000. On
the plot soxll5 feet at the southwest cor
nor NJ sherman avenue and Arden street
william Bieithaupt will erect five story
.structure at an estimated cost OF sl25,oCO
cronenberk G. Leuchtag drew the plans.
Joseph F. A. O'Donnell has bought Nos.
New-York tribune., 1913-10-05
BOs1os R.eaAD kr~r too~ st. LOOKING EAST
Bronx Industrial
Expansion Just Begun

ough and facilitate the circulation Of
incoming and outgoing freight 1t will
be possible for any factory located along
the line Of this marginal railway to load
freight cars at its doors. TO be shipped
out on any railroad desired, and TO re-
ceive freight over its tracks from any
railroad.
Many improvements are planned and
under way for the waterfront. The Bronx
has seventeen miles of waterfront-thirty-
six miles following the indentations-the
water off the eastern shore being deep
enough for the largest ships.
Three terminals are to be built in the
borough for the barge canal traffic, and
to accommodate this also the deepening
of SpI ytcn Duyvil Creek, the Harlem
River and the Bronx Kills, and the Wild
ening and deepening of the Bronx River
and Westchester Creek are under way.
Traffic will come to The Bronx by boats
coming through the new Cape Cod Canal.
and those bringing raw materials through
the Panama Canal and up TO the fac
tories of New York will find plenty or
wafer off the east shore Of the borough.
These facilities will all serve as well for
the export from the borough OF finished
products as for the import of raw ma
tertals.
In the matter of labor supply the oor-
ough is no less happily situated. 1t has
a population of over 10000 people, many
Of whom are skilled artisans; in Man
haitian, north os 10th street, are sVo''Vo
more and the completion of the Hell
Gate bridge will put the manufacturing
section of the borough in direct toucn
with the people of the Borough of queens.
The population of The Bronx has al
most doubled in the last six years, ana
its growth will be further stimulated Dy
the new lines Of rapid transit pianhea
and now under construction.
The authorities have planned well fof
the future in laying out the borough
Large sections have been developed with
sewers, so that there may be no him
drance 10 building. Wide streets nave
been laid out-there are more that are %
and 100 feet wide than In any other Dor
ouph of the city-and there are PARK
spaces totalling over four thousand acres
A large public wholesale market is
planned to be built on the Harlem RIVER
so that the food supply OF the borough
may be brought directly 10 its uoor' 'i'
the costs Of excessive re-handilng ana re-
selling eliminated.
In time the borough will have Its own
big theatres and hotels.
1t is now in size the ninth largest Guy
IN the country, and is we'll started on
the way to developing prosperous COM
muuity life.
New-York tribune., 1913-10-05
What The Bronx Has to Offer
to Concerns Looking for
Small or Large
Sites.
BY Cyrus c. Miller, President Of the
Borough Of The Bronx.

The Borough Of The Bronx offers great
advantages 10 manufacturers because Of
its situation, its extended waterfront and
now under way and are planned. II has
great resources. the development Of which
is only just begun.
To those who see that the congestion
of business I'm Manhatt~n is reaching a
limit beyond which 1t cannot go. it IS
evident that reorganization of the in
dustrcs Of the city is sure TO take place.
To these realization Of what The Bronx
has to offer will be OF great interest.
The presence of forty piano factories in
the borough shows that its advantages
have already been apparent to some.
Three chief considerations influence a
manufacturer choice of factory site:
% Facilities for getting in raw materials,
(2) facilities for exporting finished prod
ucts, and C3) labor supply. In these three
respects The Bronx is without equal.
Two great railroads already enter the
borough. the New York Central and the
New York, New Haven G. Hartford, and
bring freight TO their yards at Merose
Junction and Port Morris. Besides these
there are three lesser lines. the Putnam,
the New York & Harlem and the New
York, Westchester e Boston. the busi-
ness OF which is mainly passenger but
which also carry some freight.
In addition, five others-the Delaware,
Lackawanna & Western, the Erie, the
Central Railroad of New Jersey, the Le-
high Valley and the Baltimore Ohio
have car float terminals in the borough
at which freight is discharged. But these
facilities have never brought The Bronx
10 the commercial prominence it Will as
sumo when its industries are put IN direct
touch with the resources of the South
and West by means Of the great Hell
Gate bridge. now building. This VIII
cross from Astoria to Port Morris, and
will connect the Pennsylvania system
with the New Haven for passenger and
freight traffic.
To continue and extend the facilities
named, a marginal industrial railway has
been projected by the Borough President
10 connect the different piers, freight
yards, terminals and factories of the bor-