davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1913-07-09
Real Estate Transfers

Deeds were placed on record yester-
day In the office of the probate court
showing the following transfers OF
property. the consideration being $1,000
or more:
s6750-Julia J. MCGUIRE to s. r. Gug-
genheiemr; part of block ss5. Elyton
Land company's present plan and sur
vey of the city of Birmingham.
s2225--H. w. Perrin to Mrs. NJ A
Wallace part of lots 1 and 2 block 5,
map and survey of e. s. Gillette's ad-
dition to Woodlawn.
s1400--w. p. CARRIER to Cleveland
Rhea; lots 1s and IA, block 2s9 map
and survey Of the North Birmingham
Land company's second addition TO
North Birmingham.
$1,000. II. Parker to A. D. Cog
gans: southwest quarter OF southwest
quarter OF section T, township Is,
range 1 west.
s4OOO--Henry c. Harris to Alice Har-
ris; lots and 6, block 444, Elyton
Land company's present plan and sur
vey of the city of Birmingham.
s1250-Jennie NJ. Clarke to n. s.
Shahid; lot situated on the east side OF
the property known as the Clarke sur
vey.
The Birmingham age-herald., 1913-07-09
Jack London Ill

Oakland, Cal, July Slack London,
author, was operated on for appendicitis
today here. Physicians said he would be
out of the hospital In about 10 days.
The Birmingham age-herald., 1913-07-09

soon as our financial arrangements
have been completed, and work will be
started promptly and the railway line
pushed to completion without the least
delay. -..s
In asking for this extension, we feel
that 1t is Il reasonable request. as this
line will prove 4 source of large rev.
erue to the city of Birmingham and
will have established a precedent in
the granting OF franchises that will bs
far reaching and very profitable for
the city.
Assuring you Of our appreciation for
your favorable consideration. we are
yours very truly.
GEORGE c. KELLEY & SONS.
The Birmingham age-herald., 1913-07-09
Steiner Addresses Commissioners

Mr. Steiner told the commissioners thar
he believed that Mr.. Kelley was asking
only Tor what was fair, that he had told
the facts in the case and that as he had
said, 1t was due to financial conditions OF
whose existence there could be no doub+
that the Kelleys were not ready to pa,.
/ the money now. Mr.. Steiner stated that
there was not a doubt but what the money
would be forthcoming by October /.
Il don't know thing about this mat
ter" said Mr. Exum. This Is the first
have heard word of it, We can't pa IS
on matter of this kind without giving
| 1t some consideration. This proposition
ought to be presented here in writing.
move that we pass it until 1t can be con-
sidered"
! 1t was learned that the 80 days from The
approval Of the plans would make Tho
time for the payment expire today, so it
was agreed that the Kelley's should re-
duce their request in writing. submit 1t to
the commission yesterday afternoon and
that at a special meeting of the commis-
sion at o'clock this afternoon final ac-
tion would be taken.
About 5 o'clock yesterday afternoon
George c. Kelley appeared at the cit,
hall with the request in writing and gave
a copy to each of the commissioners. If
is as follows:
Formal Request of kelleys
/ Birmingham, July g. 1913:
! To the Honorable Board of Commits
| sioners, City:
Gentlemen: In the matter of fran
| chse granted to US for the construc-
| tion of a street railway line in this
| city, under section of which franchise
| we are required 10 pay to the city the
/ sum of $4,000 in cash and place with
| the city $4,000 of acceptable notes. By
! or before July 10, 1873
We respectfully petition your honor
I able body for an extension of 80 days
| time in which to comply with this sec
| ton of the franchise.
| In asking for this extension we beg
| to say that we have expended a large
| amount of money and have done CON
siderable work In bringing to a sue
| cessfui issue the financing of this rail-
| way line. We have in hand contract
| with responsible firm of bankers, to
| furnish us the money with which to
| build this line and we feel absolutely
| certain that there will be no furthef
| delay in our carrying out every re-
| qulrement Of the city.
| AS an explanation for NOT having
| been able TO consummate our finan-
| cial ARRANGEMENTS before this we wish
| to state that there has been a fnan-
eial stringency in progress for the
| past 30 days. with winch you are no
doubt familiar. and had it not been
I for this, we would not have asked for
| an extension Of time
II is our itnenticn to pay over to the
city the entire $4,000 in cash Just as
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
NEW YORK CURB.

After q quiet but steady opening the
curb market yesterday developed consid-
cradle strength with fair activity. the
Tobacco stocks were the principal feat
ures. although in some Of the mining
issues slight activity was shown. with
fractional advances. Tobacco Products
preferred on small dealings advanced Big
points United Cigar Stores OF Anne rica
moved up 2ia points. while the preferred
sold ex-dividend Of q per cent and re-
covered. British American Tobacco was
heavy at the start. the dividend an
nouncement OF 2ia per cent being mis-
construed as a reduction. but this being
the same rate as declared for the SIM
liar quarter last year tho stock later
developed frmness, recovering all the
early loss. Emerson Birmingham was
slightly higher The oil issues were
moderately active and stronger. Copper
shares were fractionally better.
Nevada mining issues were fairly &C
tive and a few recessions were recorded
Tonopah Merger. under pressure. eased
off from Sc to final sales at Sic. Mid
way opened at SIC and declined to isi7c
on profit taking and closed at that price.
Belmont sold AT s. Lie and 81 and
Tonopah Merger at sba.. jim Butler
changed hands at 72c and 12i3c, closing
firm. North Star was down from sat
urdav's close TO &c and Halifax sold
at s1as. Considerable strength was evil
denced in Round Mountain Mining.
which was bid up TO i3c, with no STOCK
coming out
The Goldfeld stocks were easier. with
Atlanta selling at 16i2c Jumbo Exten-
sion at SIC and orc at l0c and lOi c.
Florence was an exception. selling up
from Saturdays levels 10 soc and &c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

The number o. tons OF freight moved on the
lines west Of Pittsburgh was l6j. +4s.1s2, AL IN
crease OF 20 G12. 392. The number ~ passengers
carried was "A. 326. ISL. decrease ~ 33o.S'
Tho operating revenue % all lines east ana
west Of Pittsburgh for tho wear 1912 was y3It =
o98 l7e %. operating expenses. SOL. s1' .3Is 81
and operating income. So ~. sol H. an m
crease IN operating revenue. compared with
1911. 81 s3I or. 36T H.. and en- Increase IN
operating income OF s. .039 40 g.. There were
40 ia oe3 tons OF freight moved on nc entire
system being AZ increase az 5a.9 ~ tons
AMI i7s.sll. 1888 passengers carried, an increase
OF q Sig5TT
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
BOND DOTS.

Ed Everett. chairman OF the hhshce
,o,,mittce of Crawford, Crawford School
ns,rict Union County, y. j.. will receive
,ronosals until p. IN. March for the
90, 40 Al. per cent bonds. denomination
81 90. due March /. 1915.
We'll. Roth d Co., OF Cincinnati were
Tho successful bidders on February ~ Tor
,ba $1,000 ) per cent IA 2-S year average
counon water works bonds Of Frankfort
Ross County. Ohio.
According to reports Joplin. Jasper
Courty. Mo. will hold an election OH
March II 10 decide on the issuance OF the
s,o ooo electric light Improvement bonds
II il reported that on February - t''e
security Trust Company. of Lynn ne
.o,,ated temporary loan OF sS'.oW with
cw.mnscott, Essex County, Mass.
G. II Vsnner g. Co. Of New YORK were
q awarded the 81. coo IA per cent registered
reminding water bonds or Mldaie'on'
Orange County, ". Y. Denomination s'"
and dated March !, 1918.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Cincinnati & Suburban Company.

The stockholders Of the Cincinnati ana
Suburban Bell Telephone Company at
their annual meeting approved an in
crease Of 100000 in the stock of the com
pany. increasing the capitalization from
81. C0o. 900 to sl2cc0.OO0 This is the second
increase in stock made in the last year.
the company having recently sold SSl"
worth of stock TO provide for its new
Office building. For the year ended De-
cember 81. 1913. the companys profits were
s74e.O7e. an increase Of SAIL over those
for 1911. Dividends amounting to S0J.soj
were paid in 1912. an increase Of sl4l.l6l
over those paid i'm 1911. The balance oil
profits remaining after payment of diVi-
dends, amounting to 1921, was added to
tho eiirplus
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
is as follows
Blackstone Valley G. & E. Company.

The report of the Blackstone valley Gas
and Electric Company for the month OF
January shows gross earnings OF sl23's'o'
as compared with sll2574 for January OF
1879. an increase Of sn.S0@: net earnings
We're s55.7g. as compared with SSi,Sjs. an
increase Of t2osS2 Surplus over charges
was siO.352. an increase OF N4.3l9 over Jan
uary of last year. The surplus for the
twelve months ended January 81. 1915. was
1915. $50. as compared with s22S.sl3 for the
corresponding period of the previous year
', ;pcreaso ~ al orc
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
TELEPHONE RECEIVER SOUGHT.

Chicago March "a receiver for the
Central Union Telephone Company was
sought In the Superior Court here to-day
nv William Read. Charles J. Spencer and
Charles G. Foster. minority stockholders
Judse Dever set the hearing for April :.
The application is step in the hgh' o.
the petitioners to prevent Bell Telephone
interests from acquiring the company AZ
a figure which the eomplainants aver ID
much less than its value.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Railroad Consolidation.

,rcation has been made by the New
~ central d Hudson River Railroad
public Service Commission at AL
y. for permission to consolidate the
Va w. York Central & Hudson River Rail
~ company. the Rome, Watertown 4
'S.rshurg Railroad Company, the Utica
snisck River Railroad Company, the
ooo A. Rome Railroad Company, the
60 Watertown & Sacketts Harbor
panroad Company, the Niagara Falls
inch Railroad Company and the Lit
- Fails e. Dolgeville Railroad Company.
- New York Central now owns SlSS
.o.os of the 10000 shares of the Rome,
ro,ertown & Ogdensburg Railroad Com
and holds a lease of the railroad
..s corporate existence. The Utica &
n,..t River Railroad Company has 22.25O
..,rss OF stock, of which the Rome.
1rs,ortovu & Ogdensburg Railroad Com
~. owns 1 200 shares, which arc now
IA nv the New York Central under its
,..so and 1891 shares of which are owned
~ tho New York Central direct. The
,,,;co & Black River Railroad Company
ros leased 70 the Rome. Watertown 4
osaensburg Railroad Company for its
esrnorate existence, and the lease has
Ion assigned TO the New York Central.
r,s osweco & Rome Railroad Company
qgO shares. of which 2.l4e shares are
.,.,tsnding and of which 2,022 shares are
owned by the Rome. Watertown & Og-
asnsburg Railroad Company under this
,ssse which lease is for the corporate
sx,stence OF the company. The Carthage.
waterfowl & Sacketts Harbor Railroad
ronnanv has 1850 shares Of common
stock and 2l5 shares of the preferred
stock All Of the preferred stock and
,sy7 shares of the common stock are
owned by the New York Central e. Hud-
son River Railroad Company. The rail-
rad was leased 10 the Utica & Black
River Railroad Company, which lease
was assigned to the Rome. Watcrtown d
ogdensburg Railroad Company and finally
70 the New York Central. The Niagara
Falls Branch Railroad Company has $500
shares outstanding. of which stock 2,i30
shares are owned by the Rome, Water
town & Ogdensburg Railroad Company
and held by the New York Central under
tts lease and 20 shares are owned by the
New York Central direct The Niagara
Fails Branch Railroad Company was
leased to the Rome. Watertown & Og-
dens5urg Railroad Company for its corpo-
rate existence. and this lease was assigned
10 the New York Central & Hudson River
Railroad Company. The Little Falls q
Dolgeville Railroad Company has 1880
shares Of stock OF which 2.4s4 shares are
owned by the New York Central & Hud-
son River Railroad Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

There we're expended during the pas, wear for
construction. equipment and real estate on the
Lines West Of Pittsburgh SIG. 236. 6i2 l3
Tho expenditures were principally FOR new ore
docks al Cleveland. the elevation OF tracks IN
that city, and also In Chicago and Port WAYNE.
tho construction 81 additional main tracks on
m. Pittsburgh. For, Wayne and Chicago Raj
way. the Cleveland and Pittsburgh Railroad
ana the Pittsburgh. Cincinnati. Chicago ard 81.
fouis hallway land for nev' freight station az
IndianauoIis increase In yard and station faciii-
ties at various points. ana fer additions TO anu
Improvement OF the equipment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
PerpIexing Problems.

in their monthly review Spencer Trask
& 10. in taking cOgnizance of the events
ior february Ct home and abroad, sum
lathe ar follows:
The investment situation as whole
still faces a number of perpleXing prob
rms, and with respect to the stock mar
bet alone the extent Of the declines
shown and the number Of issues directly
affected make it difficult TO forecast any
defmte trend other than probable re-
eoyery from the extreme low levels. But
pending knowledge OF q more exact nat
IRE as to the probable effect on business
generally OF tariff revision, the creation OF
a lasting and strong government in Mex
ieo the closing Of the Balkan war and
the satisfactory adjustment Of labor diff
fculties ana other disputes, there would
seem 10 be very little on which to hazard
any prediction as TO the movement OF Sc
curity values in the immediate future.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
BRIEF NOTES OF FINANCE
paragraphs of Current Interest
for the Investor.

ouspaper feature says: flow do
manage your income" The answer
.h,e question is easy in Wall Street,
euow do you manage 10 get along
o"' ur income?" is the question of the
Oh - with everything going up except
hV', and most OF them in Wall Street
h'Y ,nrcsr Of being materially reduced by
u 80, 80 legislation. il requires a Phila-
So', SUI LAWYER TO figure out how TO make
~ ends meet.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

The British American Tobacco COM
pany. Limited. has declared an interim
dividend OF 2I7 per cent. free OF income
tax on the ordinary shares. payable
March 81. Transfers received In order III
London UP TO March 20 Will be IN time
10 be passed for payment OF dividend. d.
rcctors OF the company state that While
the progress of the business Is quite sat
isfactory. the immediate engagements OF
the company render a conservative policy
with regard 10 interim dividends dosir-
able
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

81, meeting of the board Of directors
Of the Lion HIN Consolidated Mines held
last FRIDAY. l.. W. Clark, of Ophir' utah'
was elected president, succeeding waiter
Il Farmer. resigned Mr.. Clark IL gen
cral manager and treasurer Of the Ophir
lin Consolidated Mining Company
owned by ex-senator lark also genera
manager Of the Ophir g. st. John Railroad
which connects with the San Pedro Rail
road and OF the Clark Electric Company
which supplies the power 10 the proper
ties at Ophlr and Tooele. T.. y. Fordyce'
Of thc firm of Edmond y Fordyce x co..
was reelected treasurer. and j. Is. kirk-
land was chosen vice-president and secre-
tary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
PUBLIC UTILITY NOTES.

The Public Service Commission. Second
District. has authorized the Chatham
Light and Power Company 10 exercise
franchises for the furnishing of electric
ity in the towns of Client and Claverack
and village of Philmont. Columbia Coun-
ty The application was supported 10y the
Board Of Trustees Of the village of Phil
mont. The application of the Phimont
Lighting Company for approval of fran
chises previously granted by the village
of Philmont and town of Claverack was
denial
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
STANDARD OIL SUBSIDIARIES.

To-day's session in the Standard vi
market was characterized by pronounced
flrmness In most OF these issues. Ohio
of was in good demand at l4. Buckeye
soId I'M from lsi to 1866. Eureka from 372
10 S76. National Transit from 1912 TO ol.
Galena common from 2e3 to 2es, Standard
OF California from IA to IL and Standard
OF New Jersey from 3I2 TO 375. The adj
vance resulted In the sale Of number OF
iots of old stock. and some of these issues
were a shade lower at the close notably
Standard OF New Jersey at y'3.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

The Railroad Companies east OF Pittsoursh
and Erie I'm which your Company Is interested
show satisfactory results. Detailed statements
OF their operations will he found I'm their re
speciivo annual reports. az well as IN the iuI'
report o, your Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

The number Of tons OF freight moved on The
five general divisions east of Pittsburgh and
Erie In 1912 was lt3. $50. <3l. an increase OF
ls.30j3G3 or 1862 per cent the number oy
passengers was IL 49,. $50. an Increase OF
SU7. i73. o. ~ per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Houghton County Traction Company

Gross earnings of the Houghton County
Traction Company for January were VA
80. an increase of s2.25i over January OF
1872 Net earnings We're $500. an increase
of s4,S22: surplus over charges was $2Sl.
an increase Of 1927 over January Of last
year The twelve months surplus ended
with January 81. 1918. was $50, $780, as COM
pared with sJ76S4 for the corresponding
period of the previous year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

\ telegram received by Harry f.
rhomnson a. co. from Goldheld yester-
doy sta,ed that In the Laguna property
of the Goldheld Consolidated t"ere iee'
OF sss ore with stringers OF hish sraue
had been opened up. The strike was
made 200 feet south Of orc, and passed
through 50 feet OF heavy mineraiized
formation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
CURB ECHOES.

Reports from Bisbee state that IN the
Hoatson shaft OF the Calumet and Arizona
there has recently been opened body OF
sulphide ore which IS said TO be thirty
FIVE feet wide and averaging about per
cent copper.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
BANK OF GERMANY RETURN.

Berlin. March 3.-The weekly statement
OF the Imperial Bank Of Germany shows
a decrease Of Il, 1871 900 marks in cash on
Nd
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Ell Paso Electric Company.

The comparative report of the I'll Paso
Electric Company for January. 1873 ana
the twelve months ended January 81 1915.
is as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Bklyn r TT &c notes" ss,. se'.
Western Pacific Js...... SCI. 30.
NEVADA QUOTATIONS..
TONOPAIfs.

,t-,,nishcd daily By Weir Bros. & Co. No. -
" Broad street.
March g. 1913
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
SHORT TERM NOTES.

(Maturing l9i8'27)
FURNISHED by Swartwout 4 AppenEellar, No.
A Pine street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

BY ordr OF the noSr'
Pr.sdent
APPLYING ADDRESSING
ADELPIiLA PA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
Philippines and irrigation.

IN the March issue Of the usually Inter-
esung monthly letter Of the National CITY
Bank covering United States securities
and government finance, consideraple
space is devoted To tho future OF the Phil-
ippnes and departments and the SUBJECT
Of national irrigation. Touching the
finances Of the Philippine government y
me following: The financial condition OIL
zoe Philippine government continues TO ne
excellent, and though Congress has failed
70 authorize ii bond issue for continuing
public works in the islands and has
therefore recessitated the carrying on OF
important public works from current rev.
'naes. the income OF the government con-
unoes 10 be sufficient 10 pay all the eN-
pehses and 20 set aside ample sinking
'uhds for the outstanding bonds.
Referring 10 the lack Of interest shown
~ taking mp or purchasing reclaimed
~nas Is the following paragraph: "The
."u'e OF this stagnatiOn in agricultural
oe'eiopment Of the West is easily traced
the imitation of values of raw land,
'hich eliminated about 1911. The attrac-
unity OF obtaining free government land
y homestead entry. or Of cheap land by
purchase. The building OF or even the pro-
'osAi 10 bald irrigation works has caused
'"ees Tor raw land TO advance from little
" nothing. or say from So an acre up TO
w OF Mo en- acre. For time sales were
e at these high prices. but at present
s-sh sales are rare. Many Of the private
s"'erprises have become bankrupt or are
'r%ucally insolvent, largely because the
AUS are not being utilized for the pro-
Suoh OF crops to an extent sufficient
- enable the owners to pay for the works.
'he mean time the interest charges and
VI maintenance and operation have
~. ven up not only the prospective profits
Wv ohe Investment Itself"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
An Encouraging Tone.

In letter issued by Edward b. Smith 4
Co., bankers covering the railroad situa-
ton, business conditions. the money mar
kst and the stock market the final para
graph has an encouraging tone, as FOL
lows
II would seem from present prices al
which well-established railroad stocks are
quoted that securities Of this kind are
cheap. For wears past the best railroad
Hocks. unless in times of panic nave
bsen considered desirable investments
whenever they were obtainable OF per
cent basis These same stocks can now
Npurchased al prices TO yield from per
cent TO eis per cent and are, TO great
extent fundamentally stronger than ever
before by reason Of increases in accumu-
lated SURPRISES and improvements 10 the
Properties which have been paid for out OF
past earnings
Confidence will return again, and when
apprehension gives place TO appreciation
Of Investment values. prices VIII advance
50 that good stocks will be considered
cheap al higher levels"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
q.2la.942. So
Sl4.I06. 6379l

finder the Balance Sheet prescribed by the
Interstate Commerce Commission. the koad
and Equipment Account includes nov onN
these capital charges. but also similar cx-
nenditures made out OF Income since June
30th. 1907 Therefore. the expenditures
charged against Income and against ire he,
serys FOR Additions and Bettorn.ents created
In previous year have been so included. :,
The Additions and Betterments expendi-
,ure. on the Harrisburg. Portsmouth,. Mt
Io, md Lancaster Railroad and the lines or
,he United New Jersey Railroad and Canal
COMPANY both operated by this company
urdrr lenses ror 900 years. hav" also been
Included under the Road and Equipment Ac-
CONT ns LEASED I.ines-Road'
rxpen6iture. during 1912 -. $'s'9loo.ol
rxpcnditurcs June 30th. 1901
LNp'I I,N'.a,,,icr "Ist 1911 .. 9.p40 $50 10
sil.0a0li0.1I
An ors1ttIng liability appears on the credit
ado ~ the Balance Sheet. entitled Adul-
lions 20 Property since June sum- ieo"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04
lNDUST RAILS.

FURNISHED ny Harry f. Thompson Co. NO
o5 BrOaQ street,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

Charged 10 Income
~ Extraordinary
Expenditures. fls4l, l@'.'2
Charged 10 Reserve
for Additions and
Bettcrmcnts Rp-
propriated out OF
,.ious gag $3.50, 587.31
Charged 70 Capital Account;
pns.i - 81. Coz. 4s9. 03
Touinr,eut - 1910 <52 so
W. - D.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-04

~ RAILROAD COMPANY
General Philadelphia February 2st 1919
Stockholders Pennsylvania