davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
Loses an Early Advance, New
Crop Closing Lower.

Weather conditions. with little as
s,stauce from the improved feeling re-
garding the Balkan situation, governed
the cotton market yesterday, and there
was some active buying in the early ses-
sian An opening advance OF 70 3 points
was increased by to Y points on wan!
Street buying. one house being credited
with having taken 10000 to 5000 bales OF
new crop When the advance reached
about % points over the low level Of last
Monday. stop loss orders came out the
demand slackened. prices eased on to
close within I or points Of the lowest
net 6d7 points down on new crop ana
points up on old crop positions. Southern
spot markets were unchanged TO sc
lower and the local market remained
oulet al re for mlddlIng upland no sales
Loca! contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
New York. August I, 1919
GRAN-wHEAT-Th government repor

New YORK. August &, 1910
GRAIN-wHEAT-The government reporNr
giving tho preliminary estimate on Vlnterj
wheat and the condition OF the spring wheat
crop. will be published az the close OF the !neI
ket on Friday. II appeared 10 De ths -
OF opinion that the total estimated c1op WIZ
be considerably over last months figures Ok
7Ol 900 40 bushels, as thrashing returns from
the winter wheat belt have revealed IargeF
Yields than anticipated, and experts have oeels
Unanimous IN stating that the conditions ~ ue
from a month ago. Operations were partly IN
the form " evening-up for the report Az
the market was rather unsettled, withouI =
strong tendency either way Inc feVerish mar
ket IN corn exerted more or less innIence eis
values and after an early decline OF i1c 20
li4c the market Tegained part OF the loss an5
closed al a net decline OF nc 70 40 NO re- =
winter wheat was quoted az e3c ! New
York. EXPORT basis and csc o b 10 arrive /
No / Northern spring % 5sc. aAoa:. CORN,
Showers occurred over portions OF the corn
belt with indications OF generally unsetueo'
conditions but private reports regarding thei
extent % the precipitation ana the prospect toT
further rains were 80 conflicting that the mar
bet was feverish and irregular. There was q
sharp decline early, but late In the day sep
TENDER rallied on active oovarns anc closed = c
ret lower while other months were 81 so
net lower. Crop advices from Kansas were
particularly gloomy, but the trade seemed as
possd 70 even up and WAX for the govern
nents opinion regarding conditions. export
corn. 7siac nominal ahoat. OAIe--tne
market was also nervous. but after showing
weakness early prices rallied on buying oy
very strong interests and closed al net gains o.
~ 70 sc Crop news was rather hullish ara
government report Cash market steady;
standard white, 47isf+sc; No 2. 4S51oi NO s.
4Gisq47i4c; No e. 45H G46c; ordinary clipped,
46G47l7o: fancy 4sG4ec, all elevator. RYE
Steady; No . Western, $50 I New aeIk'
export. BARLEY-Quiet: mailing. osaeoo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
BOND DOTS.

- Fl Kennedy. clerk OF the Board ~
COUNTY commissioners Of GAINESVILLE. MUS
Liraurn county Ohio. will receive pro-
roeals until 10 a. m August 70. for FI5"o
Z per cent bonds. denomination F'"''
dated August I. 1913, and due August j.
1884
II &c reDorted that Cass CITY. Tuscola
COUNTY Mich. held an election recehu'
and resulted in the issuance OF Fl'"'
water and light plant Improvement oonds.
The White hall state Bank. NJ WHITE
hall was awarded on July - the NO"
nor cent lO-I5-year option county poor
farn dormitory building bonds Of Boulder
Jefferson County, Mont
Fred. ". George. clerk Of the Board OF
Chosen Freeholders Of Camden, y. j.
will receive proposals until ii a. m Au-
gust 70. for $4,000 to $1,000 "a per cent
bridge bonds. denomination $500 dated
August I. 1913. and due August J. 1898.
The Colonial Bank and Savings Coi"-
nanv Of Fremont. was the successru'
bi5dc, on July 30 for $4,000 per cent
counon food emergency bonds Of Ere
man, sandusky County, Ohio.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
ch.sapeak. G. ohio's Position.

one Of the railroads which has been q
subject Of discussion in tho Wall street
district for some time past is tho Chesa 20
poake & Ohio. Rumors affecting the
roads dividend prospect based on tho re-
ported earnings and the general state
ment for the year ended May 81 last. are
answered TO some extent IN the We"
taken ~ the roads condition IN the fol
lowing paragraph from The London
Statist'
In considering the ability Of the d.
rectors 70 maintain the dividend we must
rot lose sight Of tho substantial profits
obtained by the Hooking valley. which tn
.be last wear earned "a dividend Of nearly
4, nor cent. n this company were
~ distribute the whole Of its profit II
would give an additional income Of about
$3.50 600 10 the Chesapeake. In other
q ords were the Hooking VALLEY incor-
porated into the Chesapeake line the pront
~ the latter for the last year would sho"
surplus over the dividend paid Of about
500 600. notwithstanding the losses u
has suffered through the houd-in repairs.
H.. tho stoppage 81 traffic and IN the IN
creased cost Of working. In brief. under
normal conditions Of trade activity the
proft f the Chesapeake system is no"
about sl.50o.O0o in excess OF the sum
needed 10 maintain the per cent distri-
buttons. Notwithstanding the heavy bur
den Of about s4.0OOOoo II Is bearing IN
connection with It's extension Of 80" miles
into Chicago. which gives unlimited pos
.,bui,ies ~ expansions in earnings ana
rrofts I'm the future years
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
Further Reductions Expected.

Express companies are said 10 face the
possibility Of another reduction following
the recent heavy reduction In the inter
state rate schedules The fact that the
Interstate Commerce Commission has
started the ball rolling will encourage
shippers 10 make an attempt 20 obtain
for local shipments the same advantages
az through shipments will he given. The
holding of the commission I'm the Shreve-
port rate case that a local rate may not
be- higher than a through rate over the
same route and under practically the
same condition Of service seems TO offer
a basis on which shippers may take their
plea for local charges.
In paragraph OF an article on the
losses to the companies The Wall Street
Journal" says:
Setting the loss in gross revenues at
SOC. 600 600 for the sake OF suppostion,
one express Official VIII, has in charge
the ANALYSIS Of the new order. estimates
that the net proceeds from transportation
Of the four large companies for l'l2
would have been turned into q deficit or
something like 100000. while the margin
OF surplus remaining for dividends. made
No entirely Of income from securities
owned. would have been insufficient 10
meet the nearly s6.0O0.ooo in dividend re-
ouirements by as much ~ S2.30o.o00.'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
ITEMS OF WALL STREET
London was A buyer OF stock on the
stock Exchange yesterday 20 the extent
Of about 1900 shares.
Dividends were declared as follows

American steel Foundrics COMPANY quss1
tarIv of 4 u / per cent payable Septehvei
30 IN stock ~ record september -, nor
Butterick Company. quarterly of = OF I.dt,r5
cent. payable september % stock Of record
Tederal Utilities COMPANY quarterly ~ !:
per cent on the preferred stock. payabie AueN''
3o 20 stock % record August Ii. -.
Studebaker Corporation. quartery o. 9i -. 81
cent on the preferred stock. payable Septehp''
! To- stock II record August %.
American Power am Light Company. regu
lar quarterly ~ ! per cent on me soIIl.oo15
stock payable september l 10 stock OF recoIu
Tratf { Whitney company. regular quarter
Is u = per cent on the preferred STOCK. pay
able August IL 20 stock NJ record August :.
Niles Bement Pond Company, regular quar-
terly OF ~ per cent on its preferred stocA'
ADAMS Express company. quarterly Of SO per
share. payable september ,
United states Metal Products Company reg
ulsr quarterly % 20 per cent on the preferted
stock payable August II.
4 g fiugnes mas peen appointed gen
eral traffic manager OF the Denver & Rio
Grande Railroad and the Western Pacific
Railway Company f. A. Nadleigh has
been appointed passenger traffic manager.
with f. /. Lomax AS his assistant, and
r. " Adams has been appointed freight
traffic manager Of the Denver q Rio
Grande
4 prominent official OF the Consolidated
Gas Company says that no action may be
taken on the proposed issue Of S25,00o.OOO
of debenturos for several weeks 10 come.
At special meeting OF stockholders oi
the North River Insurance Company yes
terday the capital was increased from
$3.50. 600 to 100000.
Guy f. Tripp, chairman ~ the board Of
directors Of the Westinghouse Electric
and Manufacturing Company will sail on
the Imperator tomorrow for Ave weeks
trip through Europe. Mr.. Trip Will look
over the foreign subsidiaries Of the West
inghouse company.
r " Woolworth & Co.'S sales in July
were s4.eI2.7O5, an increase Of s424.4si.
Seven months sales this year were S53'-
2G4,667. a gain Of s3.226,7s2.
Net earnings 81 the American steel
Foundries for the quarter ended June 80
1913. were s533.2oi as compared with
S2q1. 500 for the same period last yeah
and net profit was s255.s3s against Slo-'-
eo2.
II vas learned yesterday that meet
irc ~ the Union Pacific directors VIII ne
held early next week 70 determine at "hat
price its holdings OF SsN.ooo,ooo southern
Pacific stock will be offered. II Is the
present intention ~ the directors to make
the announcement ~ the price. together
with tho warrants on the Southern Pacinc
shares There Is also the possibility ol
some decision on the Union Pacific melon
reported a few days ago
The Mobile & Ohio Railroad Company
has made application to the listing com
rnittee OF the stock Exchange TO list -
500 ono -. Louis division per cent
mortgage bonds. due 1927.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
q. s. TREASURY FINANCES.

Warrington. AUG The condition o. '"e
lt'e states Treasury AZ the bef!nnlns %,
h1s,ssr ~ say was. Net balance in genera
'8ns $40 qZI IS. total receipts yesterdaE. -
s.i SIS total payments YESTERDAY $50, ~ ~
Thsde1cI, ,TIs iscal year Is 81. s-3 JOG, against
s.rDlus ~ S2s8. $50 last year exclusive %
Faaans Canal and public debt iransa''lohs-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
BRIEF NOTES OF FINANCE
Paragraphs of Current Interest
for the Investor.

Doubt regarding the ability Of the Bank
of England 70 preserve it's monetary po-
sition Al this season is expelled by the
statement made public yesterday. The
proportion OF reserve 10 liabilities Of 55.9s
per cent is extraordinary for this time Of
the year. Notwithstanding the normal rate
is good. and the ten-year average shows
5O45 per cent for the present week Of the
decade There are some items I'm the
statement which are not as encoura ging
as might ne expected such as the small
reduction Of loans conn AIRED With re-
duction Of public and 'rivate deposits.
But 1t could not he expected that nor
nal condition exists. II the bank maintain
its discount rate At AZ ptr cent the high
est figure for this period I'm many years
While the Bank Of England. is pursuing
q course Of extreme caution, the monetary
situation warrants ultra conservatism and
there seems little prospect OF any reduc-
ton In the banks rate during the re-
mainder OF the season In view Of the
autumn demands there is a necessity for
increasing the reserve and bullion hold
incs but, on the whole. the foreign money
market is improving. and should soon
show signs Of relaxation. considering the
hetterment which must follow the elm
iration Of the Balkan war influence.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
PUBLIC UTILITY NOTES.

The Cumberland Telephone COMPANY II
lie said. will make every effort to reach
an agreement with the city Of LOUIS
Vile relative to telephone rates despite
tho fact that the mayor has declined 20
accent the compromise offer made.
Pacific Light and Power Corporation
An increase OF about 80 per cent Is
shawn in the surplus Of the Pacihc
Light and Power Company for the SIX
months ended June 90 The report OF the
company for the month Of June and the
half year is as follows.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
CURB ECHOES.

~ is reported that the Round Mountain
el Mining Company has filed suit
e seSii's' the Round Mining Company for
r,0V'v" damages. The payment Of the
ui'luend declared last month and any fur
uIei work In the conflict territory was
ehJoined temporarily by the court. The
nearing for making the temporary iniunc-
tioH permanent one IL set for August Is
II Is stated that it will be impossible TO
nave the restraining order made a per
hahent one, I'm so far as the dividend is
concerned. for II has been held that the
money necessary for the dividend is not
IN the treasury in legal light from the
Time that the dividend is declared
Shipments from Tonopah for the week
ended August totalled l2.5l5 tons. as
compared with lO.Sol for the correspond
Ing week last year. Tonopah Mining sent
800 tons; Belmont. 1854: Montana. .lS7
Extension, l,lc7; West End. a25. MacNa-
mara, 5i2, Jim Butler. 400; North Star.
$50; Merger, $50; Halifax 1870; Midway. 81;
total, l2.5l5. The total value was $3.50 so.
as compared with S27O.O25 last year.
The Isle Royale Copper Company. in
its statement for the six months ended
June 90, shows production Of 1926 655
pounds OF copper recovery Of l33 pounds
a ton Of rock stamped total cost a pound
Of l5.6l cents, and net profits Of $1,000
The balance sheet shows a balance OF
assets Of 1888, 7i3 compared with S557,745
on december 81, 1912
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08

PROyISIONS-Only moderately acuNe' ous
steadier on buying by commission houses ana
packsrs PORK-Steady. mess. s23 5OaS2i
,sn,1Iy sp4 5Oli26 50. short clear $50 1887 Is.
BEEF-Mess. sisasl9. family. S2o9s2l pack
ct. slsds20; extra India mess; sZsqsSo'
mr. rSsFD HOGs-Bacons. l3AQl3i7c' pigs,
IA or NEATs-Pickled bellies. steady; 10
n. 17ai7Ac: II N. I6c; Il ~ i5Ac; pisklea
hams ie%c. TALLow-Firms speci9ii %
8.c: city. exc; country otgo-sC ~ ).
Stssdv: Middle West. IL .55G1l csc; city. llsp
iiisc; rehned South Ameries l2sSS; De-, o Son,1-
Iois i0%c STEARINE--steady; oleo. ilc'
city lard 13Lc - - .,,,,. a.
COTTONSEFD OIIs-rhere was active "
ouidation in near positions, and az the De-
a.'oS y,as iractiye prices we're easier New
Coptfnued ON fourteenth page, nrst coin"n-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08

TLVeTV10T Ca0Ies- 500 E0-F N7T"a-.47 oon
10 600 bales speculation and export lVVo'
Imports 1000 all American Mlddirg up
land 4qd Futures opened quiet but steady
AZ 2 noirts advance. closed barely STEADY a. a
rat ad,ance OF 2a3 points August. 62i7d,
August September. 6.l4isd. september-Octo-
nor COS "a. October-NOyemher, 6.0l i2d; NO
,.,,,he, rscar,ber and Deoember-January
gGisd: January February. 5.97 "a, February
March. 5q9d. March April Cd April May
Old. May-Iune and June-Juy 6.O2'sd; July
August sod Manifestations and cloths
quiet.
New orleans. AuR. THE cotton market
was N, rvols TODAY. fluctuations carrying prices
above and below vest erday' s close. u a
weather market. and buying was based on the
fr- weather man and high temperatures. While
selling vas founded on private reports ~ moist
me- IN the drouth districts The market weak
ered in the afternoon and, though steady the
close was az net decline Of sdll points
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
MONTH OF JUNE
Fall River Gas Works Company.

Tho Fall River Gas Works Company re-
norts gross earnings for the month OF
June Of No.l23. as compared with 3a'2-'
for rune 1912. an increase OF N,93. net
earnings were sl2,552. as against S2.sol.
loss Of 1919. and surplus over charges
for the month was sos as compared
with Sl2.l63, a decrease Of $3.50 as against
last June The gross earnings for the
twelve months ended June ~ were As-
Is as compared with }ii6J46 for the
preceding twelve months. an increase or
So tlg: net earnings were Sl5iSl3, as
against 1886 965, a gain OF H7,sS, and sur
plus over charges for the period amounted
10 H5.232. as compared with $l295il for
the corresponding period Of last year a
gain Of S5,69l
Permission Not Necessary.
Short time loans by public utilities in
the State of California will hereafter be
made without the approval Of the Rail-
road Commission. which has Just issued
an order 10 that effect A written state
ment OF the terms and conditions of the
loan. however must be filed. The text
OF the order follows
Whereas Section 20 OF the public utili-
ties act provides In part that public
utility may issue notes for proper pur-
poses. and not in violation Of any pro-
vision OF this act or any other act paya-
bic at periods Of not more than twelve
months after the date Of the issuance OF
the same. without the consent Of the
commission. but no such note shall, in
whole or in part. he refunded by any
issue Of stocks or stock certificates. or OF
bonds. notes OF any term or character or
any other evidence OF Indebtedness, with
out the consent OF the commission.
1T is hereby ordered that in case a
public utility issues its note for a proper
purpose. and not in violation OF any pro-
vision Of the public utilities act or any
other act payable at a period OF not mole
than twelve months after the date oil
issuance OF the same the Railroad COM
mission hereby gives It's consent 10 the
renewal or refunding Of such note by
means OF another note or notes, without
application having first been mace TO the
Railroad Commission, provided that the
combined terms Of the original note and
the renewal or refunding note or notes
shall not exceed the period OF twelve
months. In each such case the utility
must Immediately send 10 the Railroad
Commission a written statement showing
all the terms. both OF the original note
and OF the renewal or refunding note or
notes AS demand note is payable at
any time when demand is made. which
time may be more than twelve months
after its execution. such note will be con-
sidered as being note payable az
reriod Of more than twelve months after
r. da,e n, issuance OF the same"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
NEVADA QUOTATIONS..
TONOP AHs

,r-,,,,isbed daily by Weir Bros & Co., NO. -
- VT BROAD street. New York;
August Z, 1913
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
NEW YORK PRICES.
INTERIOR RECEIPTS
sEABOARD CLEARANcEs.
FLOTR AND MEAL-Flour quiet, ,

FLOUR AND MEAL-tlour qulels as tH'
local trade was not disposed 20 psy -p risee
winter straghts. 81 30gS4 30; winter patents.
s. 6O0s4 90. sprinE clears, 81 1884 80: extra
30 winter So 5JaS3 So. No .. 50 459s3 so j
Kansas sfrsighis s. 30qsi ioi fancy spring
10 good. SO 6oqS3 S.. choice 20 farcy. 81 800
81 CORNAIEAL-Firm. Kiln died, 80 az.
RAG MEAI-Fiue white and yellow, ~ 49P
81 az coarse 81 354$i 10. FEED-Western
steady quoted. Western spring bran 70 arrive
100 n sacks. S21 75 mlddung. s23 20; folr %.
Sa7: red dog, 500. city steady; bulk. s2l TO-.
sacks. S23 10; mddhng. S24GS29; red dog,
s2a so. oilmeal 500 5Ol$30
COFFEE-Opened steady, with first prices
1920 points above the previous close, owing 20
q sharp advance abroad. where Hsvre showed
an advance OF lQlk francs and Hamburg an
advanro OF .T1l7 pigs. Private cables ex-
plained the advance due 20 a more connc
dent feeling on account OF the prospects "
early peace IN the Balkan states and on firm
ness ia Brazil. After the early adv ance here
nrlce changes were comparatively narrow. and
az the close the market was steady, with me-
gains 81 l5dis points. Operations we're largely
exchanges from the near 70 the distant Pc
sitors and out Of total tales OF 1890 bags
81 500 were switches. This disposition on the
part OF longs 10 change into late months vas
q pretty good indication that few interests
were disposed 70 take coffee on delivery, PROB
shy due tho fact that there IL large
amount ~ coffee here rather slow % sale FOR
tOnsumptive purposes. The SPOT demand mas
not been active and Brazil has now declined
20 a point where ir is In active competition
with the local srOt market on santos grades
COST md freight offers from Brazil were STEADY
AZ about 10 points advance with Santos A.
quoted az 10 e0c while Rio Is were a. s.75p
; s5c Rio Was $50 rels lower; santos spot un-
changed while futures we're 25doO reis higher
spOt qulet but slightly steadier, with Rio Is
al ahc Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
,MnI.Nrs rNnER sd. an.

UNITED SHADE AND AWNING CONF
PANY Schedules Of the United sha1s
and Awning Company OF NO. 30 wen,
ster avenue. show Liabilities OF A''4 anu
assets of ts.7l6 in accounts. ,
BERNARD FGNHELSTEIN--Sch edu.es
OF BERNARD Finkelstein. instalment deaict .
OF 40 no East nth street sh0" Hauih-
ties Of Ngi and assets Of SOU. 10 ac-
- .-----.-.- ~ Nd nn-n-L rtLnLn-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
SHORT TERM NOTES.
lMaturlng 1918 q.

IMatufIns MO ~
Furnished by swartwout & Appenzeiiar' NO
- Pine street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08

The Mobile & Ohio Railroad Company
has made application 10 the listing com
rnittee Of the stock Exchange TO list -
500 ono St Louis division per cen'
mortgage bonds. due 1927.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
EXPORTS.
CASH QUOTATIONS.
GENERAL MARKET REPORT.

.F o b anost FOB. Elevator
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
INDUST RAILS.

FURNISHED by Harry = Thompson 4 Co. No
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
FOREIGN GOVERNMENT AND MU-
NIclPAl BONDS.

,,-,,-,t,h,d nv zimmerman & Forshay. No
~ VI Wall street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
GAS AND ELECTRIC COMPANIES.
New York.
THE COTTON MARKET

.Inter.st to be added.