davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1913-07-20
Wrenn Brothers & Co.

Prices during the last week have logi-
caIv enough remained practically un-
changed. Early in the week the danger
Of a great railroad strike had depress-
ing influence, and the lack Of equitable
provisions in the new currency bill for re-
funding the $3.50, 10000 United States ?
per cent bonds is still a depressing factor
For these bonds the government origi-
nally received probably about Sl5om.cO
more than II would have received had
they not carried the circulation privilege,
and II Is so plainly unjust upon the with
drawal Of this privilege TO expect the ma
tional banks 10 assume this loss that we
are strongly of the opinion that the ad-
minlstration will make some equitable ar
rangement for protecting the banks. The
nronpt passage Of the Newlands arbitra-
tion bill should prove OF great value TO the
railroads by relieving them from eXtor-
tionate advances In wages, and this In the
end should help the market. on the other
hand, II is now realized that the crop sit
uation is not entirely satisfactory and
that monetary conditions especially In
Europe. are improving less than was eX-
pected during these summer months.
Stock prices. however, seem 70 have over
discounted these factors; there should be
no difficulty with the money market until
after October l, and there ought 10 be
recovery in prices between now and the
end Of September"
New-York tribune., 1913-07-20
RAILROAD EARNINGS.

Gross earnings of all United States
railroads making weekly returns TO
"Duns Review" continue to show I'M
provement over this time last year. the
total tcr the first week in July amount
ing to s7,932,3SO for the twenty-seven
roads reporting, which is gain Of A.
PEI cent compared with the earnings OF
n, same roads for the corresponding
period a year ago. While the improve
inent Is hardly as pronounced as for the
first week in the two preceding months,
there are only a few systems whose
earnings show loss as compared with
the corresponding period in 1912. The
most notable of these are Texas Pa
cifc which reports falling of OF sl@'-
$50; International Great Northern, Sl"-
0O0: St Louis Southwestern, $1,000
Chesapeake & Ohio. 44,5Sl, and Buffalo
Rochester n Pittsburgh, s33;S6g. on the
other hand. many of the leading systems
in practically all sections show decided
gain, among them being Chicago & Al
ton. with an increase of s2S,66S; Mime
apolis ST. Paul & Sault Ste. Marie, $780,
2SS: Missouri. Kansas & Texas, S62lOi;
Colorado & Southern, s22,96i; Missouri
Pacific. s56.0O0: Louisville & Nashville
s5O.495: Mobile & Ohio, s16,l65; Sea-
board Air Line, slS.2Oi, and Southern
s1O,492. In the following table are given
the gross earnings Of all United States
railroads reporting to date for the first
week in July, and the gain as compared
with the earnings of the same roads for
the corresponding period year ago; also
for the roads that reported for the two
preceding months, together with the per-
centages of gains over last year:
New-York tribune., 1913-07-20
Posner E. Co.

During the last two weeks the secu-
y,ties market has developed strength and
froven stability. While there has not
been any undue activity. prices were well
sustained always, with tendency 10
move upward The better class OF STOCKS
has been steadily appreciating In value
each day for over a week. and the greater
the activity the more pronounced the up
turn. During this week public attention
has been newly attracted. and more
largely to the security market than 1t mas
IN tho past twelve months, and though
there is still a lack Of confidence IN the
general public it will soon be ooTated by
the improvement that has been cohthueo
for a week or two. with every probaDil'ty
+bat II will be prolonged. We are firmly
Of the opinion that the market has turned
for good-always barring any unforeseen
factor that can crop out but which Is
hardly likely under the circumstances.
New-York tribune., 1913-07-20
A MODEL FARM COLONY.

The Brazilian "Jornal do Commerce.
announces that the Minister Of Finance
Of the State Of Parana has received from
tho Brazil Railway Company a report OF
the DEVELOPMENT OF the fazenda az ca
rambahy on the railway north Of Ponta
Grossa. which was acquired by the COM
pauy 10 demonstrate the possibility OF
growing wheat. the latest modern ma
chncry being imported therefor Eighty
houses have been built for colonists. and
so FAR fourteen families had been estab-
lished I'm them. The fazenda possesses
pedigree stock. Swiss bulls Of pure race
having been imported. and includes d
New-York tribune., 1913-07-20
A. A. Housman & Co.

THE situation is mending where the
trouble started, that is, in Europe Last
year, at the outbreak of the hostiliues
beween the Balkan States and Turkey,
Europe sold great many securities here
This was the best market on which TO
iquidate. Wall Street, thinking the war
would be of no moment, bought those Sc
curities expecting 10 resell them TO Eu-
rope in a little while. But when peace
was made between the Balkan States and
Turkey. the Balkan peoples began to fight
among themselves, and Europe has not
vet repurchased those securities. Thus
Wall Street has been carrying double
load But the horizon abroad is now
clearing in a very positive manner of
which the proof is that foreign money
has been offered in amounts here, at rates
lower than are quoted by the Wall Street
institutions"
New-York tribune., 1913-07-20
Moore, Leonard & Lewis.

The European situation seems TO have
passed from the position OF frst rate
20 a third rate, or ven lower rate. mar
ket influence. Bulgaria having attempted
10 seize too great part Of the spoils OF
war has paid the price Of undue greed.
and the Balkan question, which has been
a nightmare for many years. seems now
as far from permanent settlement as ever
Turkey has begun a movement TO re-
capture some OF the territory that was
taken from her, and the situation ap-
pears to be one in which the exhaustion
OF all parties participating in the war
New-York tribune., 1913-07-20
Hayden, Stone g. Co.

I'VE are inclined TO think that the teeI-
ing of relief -on the final conclusion Oh
peace will be such that for the next SIN
or eight weeks at least we shall see
substantial improvement in prices
Whether. after that. the fall demand for
money will be so acute as to lead to tur-
ther iauidation. 1t is difficult to say but
We think one should act with this possi-
bility in mind.
The man with money TO buy STOCKS
outright. we think, may purchase with
the utmost confidence. Standard stocks
are cheap, and though possibly, another
liouidating movement may intervene be
fore any permanent improvement sets IN
yet the yield from standard stocks at TINS
price is such as TO warrant that FISK.
New-York tribune., 1913-07-20
IN THE TEXTILE FIELD |
Effect of Proposed Tariff
CHANCES During Six Months.

I'm the East the effect Of the proposed
tariff changes has been felt more keenly
during the last six months than IN many
other sections of the country. In view OF
this fact ..The Textile Manufacturers
Journal" made a canvass OF the worsted
spinners and weavers, by correspondence
and through personal interviews TO learn
the approximate extent Of curtallment'
The result is a very accurate report
from 70 mills. operating total OF 9Sl'-
200 spindles and 26.193 looms. There mas
bccn comparatively little increase In the
worsted industry since the census oi l'o'
was compiIed. and that showed total Tor
the country Of 100000 worsted spindles
and $4,000 looms on worsted mems wear
and dress goods II will thus be seen that
the curtaiment reports cover suitlcient-
lv large majority of spindles and looms TO
give a very accurate line on the actual
situation.
Manufacturers who were seen and in
tcryiewed were asked to answer the fol-
lowing set Of questions, and with few eN-
ceptions the information given was very
complete.
What is the amount Of your present
Curtailmcnt2
Given in
Pounds Of warn used decline
from muml...............'.. -
Yards of goods produced ...... -
What has been the amount OF your cur
tailment since January ]?
Given in
Pounds of yarn used decline
from umb..................
Yards of goods produced ........ .o
New-York tribune., 1913-07-20

dairy fitted with most modern appliance,
also from Switzerland, for making butte,
and cheese. An agricultural expert Is On
tho fazenda for the purpose Of instructip,
the colonists. An arrangement has bees
made for introducing colonists from Hol.
land. and already 400 pounds of Dutch
cheese are produced weekly. finding
market in Curityba, Ponta Grossa and
Sac Paulo.-Daily Consular Reports
New-York tribune., 1913-07-20
MISSOURI INSURANCE AGAIN
Fire Companies to Resume
Business, Governor Hears.

jefferson City, Mo, July 19.-Governor
Major intimated to-day he had been ad-
vsed that the fire insurance companies
contemplated the resumption OF business
i'm Missouri about August l.
The Attorney Generals department had
heard nothing to-day of any settlement
between the state and insurance com
panies. although the state superintendent
Of Insurance. Mr.. Revelle, stated last
night in st. Louis that an agreement had
been reached.
New-York tribune., 1913-07-20
Interpretation Of curtairent Figures.

As there viii rc some natural differ
cnre Of opinion regarding the proper meth
cd of compiling hEur,s from these data
showing the extent of curtaiwent in wards
Of mons wear and dress goods, ol pounds
Of warn. We have not made such figures
"A part Of IN, record. Even n exact figures
had been furnished by each mill. there
would stU hc some question AS 10 inc
meaning conveyed hy such statistics 10
huvers Il is impossible for amy one ~
estimate what part of tho total hu!inS
power for the heavyweight season mas
been supplied hy ctrdod Woollcns ana
yorstods already produced. II is true that
clothicrs have been operating very eau
tiously. and that cardcd woolen mills
have been running night and day I'm many
Instances 10 meet the extraordinary dc-
mand for such fabrics Allowing this To-
be- the case. IL seems improbable that pro
cuction Of worstCds could bc curtailod 90
pcr cent FOR six months without creating
a shortage in the mems wear and dress
goods markets for the current heavy
weight season Estimating the average
daily production Of wide mcu's wear looms
on hcayy-weights an 20 yards and count
Ing i53 working days In the six months.
We find that the curtallmcnt by l.l'2
looms. ranging from - per cent to 100
pcr cent. is 21.276.2oO yards The census
shows that $50. 600 of the spindlcs report
ing were engaged upon sales yarn; OF this
number l6t.500 spindles curtailcd % per
cent. 10000 curtailod 80 l-3 per cent and
400 curtailcd so per cent Taking as the
average count a 2-32s. a.-blood yarn. and
estimating the average weekly production
Ter spindle at Pa pounds. We have q total
curtalmcnt for the sales yarn mills re-
porting Of $3.50 900 pounds.
New-York tribune., 1913-07-20

Members Of tho list Battalion ~ Naval
Militia OF New York will so aboard the
l.. S. S. Alabama Friday for a sea cruise
to August 3. The objective point, It is eN-
pcctcd will be either Bermuda or Halt
fan. Tho members are hoping that the
commander OF the Alabama will grant
them n days shore leave al either place.
Last year tho men were not granted
leave because tho commander desired TO
devote all the time to instruction.
New-York tribune., 1913-07-20
Henry Clews G. Co.

The stock market has been literally
sold out There has been a prolonged
quiet investment demand, which has ma
terially lessened the floating supply OF
securities (note the large increase in the
number of new stockholders in Penncyl-
vania), and there has also been change
in the position Of big banking interests
toward the market For long period
the latter have been pessimistic in their
attitude. During the last few days some
Of our ablest financial leaders nave
frankly admitted that the worst has been
amply discounted and that the outlook Is
more hopeful. For such reasons we an
ticipate a better and higher market
though not without occasional setbacks
There is. however. no prospect of boom,
which is the last thing to be desired or
permitted. for that would only end in dis
astrous results"
New-York tribune., 1913-07-20
Averaoe Curtailment Over so Per Cent.

The extent Of curtalment for the SIX
months ended June 80 has been condensed
into tabulated form. although the average
curtaiment has been figured on the oas'S
Of individual reports. From the former
figures IL will bc very easy for any one
acquainted with the average character OF
production to determine the approximate
decrease IN production Of mems Wear'
dress goods and Of yarns. II is' untortu-
rately. not possible to determine from the
figures presented the extent To which SPIN
nors Of sale warns have curtailcd; this IS
dine to the fact that "A number of mills
employed upon sale yarns are also "eaV-
/ ers of large proportion Of their yarns
and have not given us figures showing the
decrease I'm their sale yarn production. u
is interesting TO know that Of the pro-
ducinc machinery Of which We have re-
ports only ~ per cent Of the total less
than 20 per cent Of the mems wear looms
and less than 10 per cent of the dress
GOOD. looms. were fully employed during
the six months under review. 40 attempt
has been made 10 tahulatc iu detail the
extent of curtailmont since July ]. al
tbough IL is somewhat iu excess Of the
average for the previous siN months. oniy
% few spiunors ~ sale yarns ana t'"
weaving mills are running fuller TINS
month than was the case during the pre-
c,diug s.v months = an account were
taken Of many mills which arc givins
rY,ir cmpIoyss vacations 81 from one {"
two weeks. IL would b' found that tho
average worsted curtaiimont of production
New-York tribune., 1913-07-20
HOW THE MARKET LOOKS.
Views OF Wall Street Houses on
the Trend of Prices.

The exhibition Of strength in the stock
market during several days of last week
has created much interest in the move
ment as regards its continuance. In
general way Wall Street is more cheerful
and the following paragraphs will be read
with interest:
New-York tribune., 1913-07-20

will prove a safeguard against the re-
sumption of hostilities for some years
after a settlement has been reached in the
present instance"
New-York tribune., 1913-07-20
ARMY AND NAVY NOTES.
TemperamentaI UnfitneSS a New
Factor in Promotions.
From .'be Tribune Bureau
aShington In


PERIL OF PREJUDICE IN NAVY
Naval officers who will be called upon to
serve on boards of examination for the
promotion. of their associates and those
officers who will have TO do with recruit
ing for the navy and Marine Corps are
confronted with a delicate problem ere
ated by the surgeon general Of the navy
In the matter Of promotions new factor
has been introduced, that Of determining
temperamental fitness. on this subject
Surgeon Stokes has written a report In
which he points out that an officer may
be physically and professionally qualihed
but may be ten peramentally untitled 10
remain on the active list. even less to be
advanced H. rank and to discharge the
duties Of the next higher grade.
It is realized by naval officers that this
condition is one which calls for most
exact judgment by an expert in mental
ailments for temperamental unftness
must be classified AS such Naval officers
generally will approach this subject with
reluctance because they realize the
menace in establishing a new condltloh
of advancement I'm other words, IL -
appreciated that personal prejudice may
enter directly into the determination OF
this disuualifying Characteristic and there
IS apprehension lest temperamental un-
fitness may give cause for bias because
the term is vague.
in the case OF new enlistments, it is pur-
posed to 20 into the question Of mental
development. to which end a French
method Of detecting the feeble minded
was recently tested 1t is surmised that
many mental detectives turn to the army
ard navy for career. Some Of them are
easily Identified but II is now purposeu
10 have a more thorough investigation IN
this particular. II is admitted, however,
that the system has its limitations ana
those who have to do with the eNamlha-
ton Of recruits must proceed with eau
ton. The new requirements are regarded
as exceedingly difficult to carry out.
New-York tribune., 1913-07-20
ORDERS ISSUED. - The following
army and navy orders have been issued:


ARMY.
Following CHANCES quartcrmaster corps or
dered. Lieutenant Colonel JAMES B
HOUSTON. assistant department quarter
master. Central Department and assist
ant chief Quarfermaster, ID DNslOh' 10
Chicago for duty until November J.
thence to Washington as depot quarter
master. washington depot OF quarternas-
tor CORDS and assume charge construction
work Walter Reed Genera Hospltal,, a.. E.,'
Lieutenant colonel GEORGE +. DOWNE4,
to Governors Island, as assistant depart
mcut quartcrmastcr Eastern Department T.
yice Major WILLIAM y. ROCHESTER,.
10 Texas CITY. as assistant chief quarter
master. I'd Division. and as assistant d.
paylment guart"rnast5f: '"htraI D'pu''
mcnt. with station A. thicago. -,,,r.r
Lieutenant colonel WILLIAM ). 500 j.
cavalry m national rife comp'tltI'"'
camp Perry August T. g,,,v. c.,
t.ins CHARLES r. KING MARK d.
WEED. WAYNE $. CRUM and W. COLE
DAVIS medical CORDS. and Flrst Lieu 4,
.enant JOHN r. HEREFORD. national
reserve corps from Philippines August -
10 United states.
Captsin THOMAS D. WoODSON. medical
corps and First Lieutenant ELMER >.
. rp~~TN medical reserve corps, from
Philippines September -. 90 United
r,-.t lieutenant PHILIP H BAGBY. in
f4ufrv detailed assistant officer IN chargr
moss. national and international matches.
Camp Perry
First Lieutenant WILLIS ~hllL \ VI ''aNN
urtil'crv from 18th Company 10 unds-
signed list
Ensign NJ GILMORE. detached The
Idaho. tho Tacoma
Ensign T. \. NELSON. detached the Wake;
tho Missouri ..
Ensign u J. HEDRICK detached the bureau
OF ordnance. tho Wake
Ensign : " KRACS detached the Buffalo.
temporary duty receiving shin Mare Island
Pagsed Assistant Pavmastcr +. II. DOUG
Las to the Intrepid.
MOVEMENTS OF WARSHIPS.-The
following movements OF naval vessels
have been reported.
ARRIVED.
.fsfy '7.-Tro Tiugey az Charleston.
July rs The Marietta. a. New London. me
South Dakota. a. Tihuror N" Law l'HC" ..
tho Farragut. the Goldsho~ough ana me
Uull "a, Mare Island. tho Jason. az Se"a.i
Point
SAILED.
JrIy Is The south Dakota. from san Fran
cisco for Tihuron and san Diego. the Law
rcuca th, Fsrragut. rho Goldshorough ana
the Hull from Sausalito FOR Mare lsIano
the Washington. from Boston Tor New
York Yard. the Mayfowcr. from Newport
for Ro1tun
New-York tribune., 1913-07-20
NEW YORK CITY BONDS.
FURNISHED by ". y Coer 4 Co. No. q Ced
stTeet)

y31. various maturltles i929-l9li { 65ai Is basis
coupons interchangeable tRegistercd tCou-
pons. tRegstercd and coupon.
New-York tribune., 1913-07-20

\ big time is anticipated by the vet
Grams OF the fist Regiment of which Cen
cral f.. A. McAlpin is president when tho
annual clambakc is held at the Avon
Beach Hotel Bath Beach. on Monday
Tho tickets arc s.. and will include all the
clans and liquid refreshments the vet
Grams care TO dispose or No limit IS set
10 the .arous. An expert from Fields
Point near Providence. r. l.. famous for
It's clambakes. will look after the bake
for the veterans.
New-York tribune., 1913-07-20
RAILROAD EQUIPMENT BONDS
AND CAR TRUSTS.
Maturing 1913 27J


ihed by SwartUout g. Appenzellar, 40.
a. Pine street,
University Missourian. [volume] (Columbia, Mo.) 1908-1916, 1913-12-15
VIEWPOINTS

Editor the Missourian:-I read with
amusement the editorial in the issue
of December headed Only College
men Now" In the article the an
nouncement that the Santa Fe would
employ only college men in its engi-
neering department hereafter was
hailed as a revolutionary movement
To the man who has been over the
road chad experienced it is more or
less of joke.
To my certain knowledge the Santa
Fe's largest competitor in the South
west has had this ruling for five years.
This is how it works out. In one office
where some thirty men were employ
ed, the man il charge had never been
to high school, his assistant had two
years training in an Eastern school
and of the other ten older engineers
only one was a college graduate and
he of the class OF So.
In another office of that same COM
pany | know of a man who without
even a high school education rose in
three years from rOdman to office en-
gineer, and he now has under him five
graduates, two from Yale, one from
Cornell, and two from Western
schools. These men had been en-
ployed in the office before he came
there as a rodman entirely ignorant
Of the first principles of railway en-
gineering.
Without going into details may say
that in four other offices in which l
have worked similar conditions can
be found except that in two of them
the head was graduate.
The foregoing was not written for
the purpose of belittling an engineer
ing education. as the writer is an en-
gineering student, but to call atten-
tion to the fact that a brand new col
lege graduate is not an engineer and
the odds are about to l that he never
will be an engineer.
The reason the ruling is not adher-
ed to is because adaptability and
alertness go more into the making of
an engineer than does a technical ed
ucation. ENGINEER.
University Missourian. [volume] (Columbia, Mo.) 1908-1916, 1913-12-15
TRUE CHRISTMAS SPIRIT.

All over the country. people seem
to be taking a greater interest than
usual in the poorer people who will
have little TO rejoice over this Christ
mas. There is scarcely a city of any
size that has not a full-stocking club,
or similar organization, working to
make happy Christmas for the poor
The movement should be encour-
aging to those who say that the public
is now lacking in Christmas spirit 1t
shows that there are some who will
give for the joy OF giving, and not
merely because they expect to receive
gifts in return.
The disappointment of child who
has been eagerly awaiting Christmas is
a thing which arouses sorrow in all
good-hearted persons. To give to such
a child or to surprise one who expect
ed nothing, or to supply the more sub
stantial needs of the poor, is truly
Christmas spirit, and it seems to be
increasing over the country.
University Missourian. [volume] (Columbia, Mo.) 1908-1916, 1913-12-15
LOVING IN THE KITCHEN.

Cleveland kitchen maids have asked
their mistress for better hours OF
work and for the privilege of receiving
company in other parts of the house
than the kitchen. They say it is rather
embarrassing to receive their admir-
ers in the cooking department of the
house.
Success to the Cleveland maids. We
hope they not only win greater re-
spect, which they merit, but that they
win the hearts OF their admirers with
the added comforts of a front room.
University Missourian. [volume] (Columbia, Mo.) 1908-1916, 1913-12-15
ADVERTISE THE I,y3vE',@ =

The students of the University will
have an excellent opportunity to ad-
vertise the school when they go home
for the holidays. Everyone has friends
back in the home town who are plan
ming to go to college next fall A few
words from someone they know will
perhaps influence them to come here.
The success OF the University de-
pends largely upon the patriotism of
the students when they are at home,
so make it point to tell your friends
about the University of Missouri You
will not only do them favor, but you
will help to advertise the school,