davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1914-06-20

Florida peppers crate looa2oo; per basket. Lasl So
peas. per basket, Bal %: do, per bbi 3SasO;
okrs. per crate. LeoAlso: lima beans Florida. per
crate. 2.5oa3oo; do. per Dbl. 3ena35o: asparagus.
lis2: eauifowe-. South Carolina. per basket Isa
is; canteloupes. Florida. per crate. L5os2o; coIn
North CSrolinA. per crate. LZs2oo.
FRESH FISH AND CRABs-tPr,c. d,en bei,-
arr b the pound unless otherwise stated. .)-Buttef
and stars. large. sio: carp. sss: crocus. p<r bbL
500: nacEerei. .; rocx, ooilinx 20; do, medium IL;
do. pan. IS; white porch. large. Is; do. vhits.
small loai2; yellow perch. large lz,s: DO. small Q;
alron trout, lc7l5: gay trout, large. sal0: do.
small. salo; aounders ioai7ls: catfish. fsf2: green
PIKE. native. Is: esls. medium larg>. sas .pots.
hrge. Is: rail-r.. large. IL: k;urseors. dres-sd -:
do. skin on. %; cians 100. Id: snappers. To
size. lals: shrimp. par qt. IS; bluehsh fresh, o.:
salmon fiesh. IS: fresh cod Is: haddock. 10: Spanish
mackerel, l5a9: Boston macterel each %; lobsteu
70: sft crabs. per DOR. soaloo: crab meat per qt.
DRESSED uCEDj POULTRY-suinr cnick.n,
per h.. Ha5: hens. choice. per ID. l3aa; ducks.
per h.. 2a3; turkeys ID. l5sls; roosters. per
FRUTTs-Apples per bbl. 3cssoo: lemons. Per
boz. Lsa5so; oranges. California. per boz, ao,3D:
DO. Florida 3.sosLp; pineapplcs pines. per crsts.
Ss? .; lines. per 100. Salo: grapefruit per er,ts
berries. per quart lOal.'s: satermeIons each f6ao
peaches. Ter crate. 2ooa5.p; cherries. per quart.
sAli sooseberTies. per qEsrt. Gas; backberrss per
quart, Sail
medium. Per h.. ga: common. per h.. sss: spring
lambs. per lb. Gsas.
sEEDs-Clore.. alfalfa. per h, l2sb; crimson.
per ID. 5Isas red top tfor herds Iadel. PER H..
.lsc5: blue gas. p-r bush. i5oal75; German mil
let. r<r bush. lsa2 90 cowpeas black. PER bush.
25a3oo; do. whip will. per bush. sSaa0: soja
beans. mammoth yellow. per bush. Is.
HAY. STRAW. AND coRN-Hay best timothy.
per ton, Iao; do. medium. Eoo: straw. old long
ne. Ier ton. I5oo; new. u ooaise wheat straw.
per ton. 500; com. ear. per bbl. ie.
WOOL AND HlDES-wool. washed. free Of burrs.
per H.. 81: wool. unusshed. per ID. AaE: hide.
DRY per h.. ns salt hides dry. per H.. lisD: salt
hides. per lb. H;-cafskins. green. each. i5oalT5;
green hides. per H.. Is.
The Washington herald., 1914-06-20
ADMIRAL FLETCHER
COMES NORTH TODAY
Shortly After His Arrival Here He
Will Be Made Commander
in-Chief.

Rear Admiral Frank F. Fletcher. with
his entire staff. left Vera Cruz on board
the Dolphin at o'clock yesterday morn
ing. steaminC to Tsmpico. This after
noon. after a conference with Rear Ad-
miral Mayo. commander of the fleet at
Tampico. Admiral Fletcher will leave on
board the Dolphin for Washington. He
will be accompanied by several members
OF his staff.
Shortly after his arrival here Admiral
Fletcher will be made commarder-in-
chief of the Atlantic fleet. succeeding
Admiral Badger. Admiral Fletcher will
return within a month or six weeks to
assume command of the fleet in Mexican
waters, according to present plans OF the
Navy Department. Meanwhile. Admiral
Badger will retain command Of the
United States vessels there.
The Washington herald., 1914-06-20
FINANCIAL

new industrial preferred stocks are Of
fered with bonus of common stock 10
90 along with them, and Industrial bonds
are sometimes accompanied by q bonus
of preferred stock or of common stock.
Stin a third variety of the same sort of
! offer: A bond or preferred stock is Of
fered with the privilege of conversion
into the common stock. 20 that IL the
common stock ever becomes extremely
valuable the holder of the bond or pre-
ferred stock may change 1t into the COM
mon stock. In all such offers the princi-
pie In the same, namely. that the buyer
has a chance to get something for moth
ing.
Absolute statistics are, of course. lack
ing from which to draw any definite con-
clusions as to how big a chance one takes
In going into the type Of securities that
are usually offered in this way. One
mans experience is no sort of a criterion.
but still 1t may be offered as being at
least In a small way a fair basis for
warning. 1t is safe to say. from ex-
perience. that nine-tcnths of the trouble
of the investment world comes to the
investor through his or her attempts
to get something for nothing. The hard
est problems that a conservative and
honest banker has to solve and the most
painful tangles that he has to unravel.
are those into which the investor falls
through the attempt to get either IN
unduly high income from his money or
a chance to make a great profit In some
collateral way out of his investment. II
is true that the original investors In tho
telephone. kodak, the sewing machine
and many other similar ventures In ths
commercial world made fortunes from
their investments. but II is clearly true
that out of every hundred companies that
have been foated on the supposition that
they had an equal chance with these
successful ventures. not more than one
has even succeeded in keeping its head
out Of water for a few years.
The warning Is clear enough. Nothing
is given away for nothing in the invest
ment business Whatever the investor
get he pays for. II he pays cash for IL
he generally knows what he gets and
exactly what II costs him II. on the
contrary. he puts up his money hoping
to some day gain a big profit. he Is buy
ing into a tangle Of contingencies. some
favorable and some unfavorable- Every
chance OF profit in investment IL bal
anced by a chance for loss. What he
money to be made IL balanced by very
definite prospect Of much money to be
lost That Is not a theory. 1t Is con-
dition or a fact. according as one cares
to state 1t. 1t Is curious. and sometimes
absolutely startling to student Of in
vestment to note how completely this
cardinal principle of all dealing In secur-
tiles is ignored by the investment public.
Even men and women who know 1t well,
and have learned it by dearly bought
still go right ahead and take
another chance at the same game and
still persist that they are trying to be
The Washington herald., 1914-06-20
NEW YORK PRODUCE.

New York. June ls.-MILLFEED- STEADY: offer
ings ample: trade is inactive. Spring bran in
100 pounds sacks. eioo in transit and TO arrive.
lake and rail. rs: standard middlinss to arnve
Soou $50 and June shipment. 800: Western rcd
dos s20: winter wheat. in Eo pound sacks. to ar.
rive $50; city bran in bulk. ei0. Argentine bran'
to arrive is held at 2iSo IN 100 pound sacks.
RYE FLOUR-Steady; business moderate. Good
to choice at 35a5S
CORNMEAL-firn; trade Is limited. kiln-dried.
for export, 3T5: coarse neal in bags. L5oal.3
BEEF-steady: inquiry is moderate. Packet.
lT.Salso: family. s.ooals.5
PORk-steady; business is inactive. Mes. Gtoa
= 50: family. sIOoz25oo; clear. i9.T5a21oe.
HAY-Receipts. 2!0o tons: fat: moderate de-
mand Quote prims timothy. LEA: No. ! tim
othy LILO: No . LooaI.e6: No. ). % cents.
STRAw-Reccpts, 20 tons. Easy; trade slow.
Long re quoted at 15an cents.
LARD-SteAdy; dealings moderate. Prime
Western, loD: refined Continent, lo75: South
American Ills: refined Brazilian. in kess. l2ls:
beef stearine. 81 cents: lard stearine dull. New
York llL cents
The Washington herald., 1914-06-20

New York, June 1s-Bradstreet's to
morrow will say:
Excellent allround crop advices e>n.
tinue to extend the circle of optimism
which widens at a greater rate thar
actual buying. But over a large area
distribution at retail ID better. whole.
sale trade is looking up. demand for
iron and steel Is larger. collections are
somewhat easier, traffic on Western rail-
roads Is increasing, being In excess OF
last year. and heavy sales of wheat for
export are reported.
Activity Is the keynote of Northwest
ern reports. returns from the winter
wheat belt are assuring. In the mid
West interior distributors are buying
more freely and trade news from the
South. though somewhat mixed. is more
encouraging In the main. because of the
favorable trend 6f crop reports.
"On the other hand. trade in the East
develops rather slowly and a similar
statement applies to the Pacific North
west. where lumber is depressed. Trade
In drygoods is well up to. II not in excess
OF. that done at this tine last year. With
all the comparative improvement noted
there is. good deal of restraint. this
manifestation being noteworthy in that
foreign lines producing finished steel.
copper. bituminous coal, lumber and in
deed, in industrial operations generally,
which on the whole are slow. The sit
uation in labor has been eased somewhat
by calls for harvest hands and by the
settlement Of the coal miners strike in
the West Virginia fields. but enginemen
on Western roads are reported to be dis
posed to strike.
Oats of all the important crops ap-
pear spotted In some sections due to lack
of rain earlier. Money is in demand for
crop moving purposes, funds for COM
mercial purposes are in quite good re-
quest.
Business failures for the week ending
June Is, were e49. which compares with
245 last week. 35 in the like week of
1913, 26s in 1912, and - In 1911.
The Washington herald., 1914-06-20

Il ing Of the main line between Chicago
and New Orleans. track elevation In Chi
traso and terminal work in Memphis.
About 1000 men are now employed on the
work.
Adams Express Company has been
awarded the contract for handling ex-
press business over the Pere Marquette
lines. The contract Is operative begin
ming July next.
Boston and Maine has placed orders for
1000 tons of steel rails for immediate de-
livery.
B. L. Taylor. who bought the stock ex-
change seat OF William A. Mearns. of
Washington, D. c.. yesterday was elected
| q member.
At special meeting of the share
holders Of the Fourth National Bank
Yesterday a resolution was passed unan-
imously placing the bank in liquidation
and appointing T. Frank Manville and
F. de c. Sullivan liquidating commit
tee. Nearly 5000 out OF the 5000 shares
Of the bank were rerfesented at the
meeting. Cornelius n. Bliss. jr.. acted as
chairman, and D. J. Rogers, cashier OF
the bank. was secretary.
So heavily has exodus to Europe and to
nearer vacation points drawn upon the
supply Of prominent financiers that it is
impossible to hold a meeting Of most
boards without strenuous efforts to
gather q quorum. To make up the nee
essary number OF members OF the Union
Pacific's executive committee for a meet
Ing this week. Marvin Hughitt. chairman
of the Chicago Northwestern. came to
New York to remain three hours. A
special meeting of stockholders of the
Pacific Gas and Electric Company, called
to vote on a proposed readjustment Of
the capital, was postponed a week owing
to lack of a quorum.
Big corporations are leaning TO the be-
lief that, under the new workmen's
compensation act. II will be cheaper to
adopt their own form of insurance than
to pay excessive premiums to liability
concerns. The Brooklyn Rapid Transit
Company and the Edison Illuminating
Company, of Brooklyn. two of the largest
employers in Greater New York. an
nounced yesterday that they have de-
cided on a form of self insurance. The
Brooklyn Union Gas Company is ex-
pected to make a similar announcement
today.
A belief that premiums paid to liability
companies would prove to be an extra
ordinary burden led the concerns to the
self-insurance plan. There is practically
no data which would determine definitely
the element of risk to employees under
the new law, and manufacturers have
been coming to the notion that they can
carry their own insurance more ad-
vantageously than by paying what many
feel would be runious rates to outsiders.
Ia, inf m Itt1v I CON-
Germs that have decided to insure their
own employees have a limited time IN
which to take out insurance. This plan
must be approved by the commission and
they must deposit with the commission
a sum equal to six months premiums on
the amount fixed as their probable liza
bility.
The Washington herald., 1914-06-20
WEEKL Y REVIEW OF TRADE
Confidence Remains mistaken, and Excellent Crop
Adpices Continue to Extend the Circle OF Opti-
mism-Bnsiness Conditions Looking Up.

New York, June 19.-Dun's Review to-
morrow will say:
Confidence remains mistaken, and
while conditions are not wholly satis-
factory yet the volume OF trade Is very
steady. The promise Of bountiful har-
vests is the factor of most weight. A
betterment In the dry goods market Is a
feature in New England Worsted mills
are busy and some manufacturers OF
woolens are engaged actively with prices
steady because Of the firmness in raw
wool. The latter remains very strong.
as the supply apparently is Inadequate
TO meet current requirements. On the
whole business in footwear continues
backward and generally unsatisfactory.
although evidences of Improvement are
not entirely lacking.
Recent low temperatures had an ad-
verse effect upon retail distribution par
ticularly in mems wear. Transactions in
sole and upper leather are confined to
small lots, although the demand is larg-
er than a month ago Conflicting re-
ports are received as to conditions In
iron and steel. but the situation has Inn
proved nevertheless. This Is the period
of the year when some expansion in the
demand is to be expected and the effect
of the lower quotations has been plainly
noticeable in this respect.
"Advices from Pittsburgh. indicate some
expansion in iron and steel. although as
yet the rate OF orders has not exceeded
the active capacity to any extent. Clos
ing Of important contracts for line pipe
Is an encouraging feature while the steel
plate trade BENEFITS through the revival
of car purchases. There have been
further transactions in Southern pipe
iron. and II is estimated that the total
during the past fortnight has run above
125. 900 tons
The Washington herald., 1914-06-20

As to kind. quality. and coalition. sooalon.
STRAw-No. ! straight re. new. $50; No. I
straight ne straw. new. HooaH5o: No. l tss<ied
rye straw. n5nal2oo: No. wheat straw. 8 soa
800; wheat straw, No. 2. T0bsso: No. / oat straw.
10 5oallo: No. oat straw. e5aloW.
LIVE POULTRY-Chickens. old hens heavy, per
lb.. M do. small to medium. per Ib. II; do. old
roosters. h. loaii: do. young large per H.. IA
2: do. rough and straggly l3als; do. spring.
aging 1 to II lbs. y; do. smaller springers.
ID. %; ducks. per lb., lisi2 do. muscovy llai.:
spring ducks. Ibs and over. u; pigeons. young per
Tsir. IS: do, old. per pair. s: guinea fowl. %.
EGGS-Marylsnd. Pennsylvania and nearby hrsts
Ter dor. 20; Western hrsts. 70: West Virginia hrsts
%: Southern frsts, -
BUTTER-Creamery. fancy, Per h. Bsa3; Do -,
choier. per Ib.. H,is2sH; do. good. h.. IA
ZJls; do. prints 9a3l: Maryland and Pennsyl-
tania. rolls lsi.als; Ohio and West Virginia rolls
lps; dairy prints. ISL: store packed. B1sls: MARY
land Virginia process butter glA1
The Washington herald., 1914-06-20
Finance and Commerce

PER c.ut for FIVE months. HaJS per cent ioe SIX
mouths. and JAas per cent for over the year.
Little change has cone over the commercial paper
situation Rates for prime paper remain as they
were at to ~ per cent for nve and xx months
maturities. and 81 TO "a per cent for the shorter
dates. Some Of the institutions continue to show
reluctance to invest in paper In view Of their i'm
paired position a result Of the gold exports and
this is keeping the market steady. a.
Paris exchange on Lnndon. 81. lsc. on t4c.
Beriing exchange on London. 2om, % pf. o6 lpk
Rio exchange On London remained atl652pence.
The Washington herald., 1914-06-20
COTTON MARKETS.

Liverpool again proved the stumbling block To
mzrk.ts' advance yesterday. Evidently they
consider the present weather conditions be ideal
and they very nearly perfect from cruprow-
ing standpoint.
The market broke into low ground and the
catching Of stop orders contributed TO the weak
1 reason as yet to change my opinion that
the market will move in a narrow range and is q
purchase the declines.
Market closed easy. Il TO II points lower than
previous close leaving Liverpool due TO sjsto
y. points lower-Herber II. Brown. manager for n.
L. CarDenter Co.
The Washington herald., 1914-06-20
FOR DEFICIENCY ESTIMATES.
District Asks S:2a,3I1.41 for ynri-
ous Important Items.

An estimate of s2ia.Ol3 for the rebuilding
of the Western High School, Is among
the estimates for the general deficiency
appropriation bill which have been sub
mitted to the House Appropriations Conn.,
mittee The total deficiency estimated
for is s2,533,043.
In all the. District asks Ssa511-f. in
cluding $4,000 for the support of INDECENT
patients at Sts Elizabeth's. l.3se. 10 for the
board of children's guardians. $500 for
the Washington Asylum and Jail. N.5o
for the tuberculosis Hospital. N.sO for
extra allowances to principals of public
schools. and Sl.7aO for longevity pay to
school-teachers.
The Washington herald., 1914-06-20
COLONIAL BEACH TRIP TODAY,

This afternoon at $50 o'clock and to-
morrow morning at O'Clock the steamer
st. Johns will make trips TO Colonial
Beach This resort is attractive at this
season of the year. The salt water bath
ing has never been better. A cafe is MAIN
tanned on the boat. where all the delica-
cies of the season may be had. The reg
ular forty-mile moonlight trips will be
continued every evening at Z O'Clock
except on Saturday and Sunday. Danc-
ing and music are features OF these trips.
The Washington herald., 1914-06-20
NEW YORK COFFEE.
Furnished BY n. L. Carpenter & Co.
OUTSIDE SECURITY NOTES.

New York. June ls.-Businezs on the curb market
reached the lowest ebb in weeks today Standard
Oil issues after early reaction recovered and
ruled firm.
South Penn OIL after losing to 81 closed at
81. Standard Of New York lost a point then rose
to 2i3i-. Ohio oil and Standard of New Jersey
each gained a pint
Mutual Film was strong. advancing 2 points ia
12 World Film CorTotation. when issued lost u.
Cobalts and Corpers were about unchanged. In
bonds Ccusolidated Gas 6 held firm at ll5js.
The Washington herald., 1914-06-20
WASHINGTON STOCK EXCHANGE

Sales: Regular call Il O'Clock noon:
Cspiizl Traction s. 400 at los 81 GO at los
81 90 at los go at los s. co at lds
Washington Gas S. s0o1 at los. leo at los. 81 Oso
at los. $1,000 ct us
Washington Railway L.. $50 at 81, $50 at Si..
Potomac Electric Consolidated s.. Noo0 al 9oA,.
$500 at 9sI- $500 at 9ois s. 90 at 39s. 81 900 at
soh.
Putomac lst s.. 81 mo at l0bs
Federal National Bank, S at ls
After cali-Wash;nstOn Railaay 4, 500 at -.
Pctcmss lst s. 5000 at l0ii.
Washington G:s. 10 at &C. . ats
The Washington herald., 1914-06-20
NEW YORK MONEY.

New York. June fa-Can money opened At II
per cent: high. per cent; low. IA per cent: re
newals. tx per cent; close. Ia per cent; rulin,
nate. IL per cent.
Time money Is stesdier. The foreign money Of
fered 90 the previous day has been well absorbed
and the market gives Indications of resuming tn,
upward tendency which was in erdence prior to ths
appsarance Of funds from the other side The de
~ per cent for sixty days Hts2z pr cent fos
ninety days. Jsa3 per cent for four months, ssg;
The Washington herald., 1914-06-20
WALL STREET GOSSIP.

Regular dividend yesterday on Great
Northern.
Copper exports for week ending June Is
were Sass tons; since June !. 2o.ss3; year
ago, 2o112.
The Illinois Central Railroad will spend
about s1o.ooo,ooo on improvements. plan
ned or under way. including the shorten
The Washington herald., 1914-06-20
WEEKLY BANK CLEARINGS.

New York, June Bank clesrings in the United
States for the week ending June Is aggregate s. Iye
10000 against son ooo last week and 227.-
I55 90 in this week last year Following are the re-
for this week with percentages Of change from
this week last
The Washington herald., 1914-06-20
TO JUDGE CoLLIEs.
Kennel Club VIII Hold Open-air
Meeting To-day.

An invitation has been extended by the
National Capital Kennel Club to any
collie owner in the District to bring the
dog to the open-air meeting Of the club
in the grove south Of the Monument this
afternoon.
The Washington herald., 1914-06-20
BALTIMORE WHOLESALE MARKET

Baltiuore June N-HAY-No. i timothy. B sos
49, 90: standard timothy. IsooalsN; No. 2 l1oosi7 So
No. ). Hnaleoc; light clover mixed. Hoo.i-5o:
No. !, Iasoalsoo: No. 2. isfoal5oo; heavy. lslOa
M0; No. 1 clover mixed. lS.ooslsso. No. l3oea
il0; noestablished grade, laoal2oo; sample hay
The Washington herald., 1914-06-20
MARKET MAKES
GENERAL GAINS
Undertone Is Stronger, but
Sales Do Not Reach
$4,000 Shares.
DECISION IN RATE CASE
Speculation Almost as Useless as
Guessing at the Decisions Of
the Supreme Court.
DECISION IN RATE CASE
ny W.. sTEALEY.

The stock market opened better yester-
day and a generally strong tone pre-
vailed during most of the day. and al
though general commission business has
been poor. some traders affected hope
10 see some good buying throughout the
list
The Rock Island issues were particu-
larry active, the debenture IS rising
sharply, while the collateral bonds were
correspondingly heavy, the theory being
that the stock of the old company which
is deposited as collateral under these
bonds would be called upon to pay an
assessment, and this would improve the
position of the debenture IS.
Among the specialties Utah Copper
again showed marked strength, rising
almost a point The general list. as a
rule. showed fair gains over Thursdays
close.
Steel closed g., Reading, 1si "a: Union,
I55 81, and Copper, a Is
Local stock Exchange.
Trading ON the Washington Stock Ex-
change yesterday was improved largely
10 bonds. Sales amounted to 2l.500.
making the day one of the best in some
time.
Potomac Electric Power consolidated
IS were most in demand, bringing 80 La
80 SIS to the extent of 5000. Capital
Traction IS, in the aggregate of $500.
sold at los Four 1900 Washington Gas
5s brought 1Os Three 500 Railway As
sold at s. 5-saS3 S-i
The stock list sales included thirty-five
shares of Washington Gas at 76 and five
Federal National at I35.
Pennsylvania Railway common Sc was
bid. 30 asked; the preferred s. 1-2 bid,
S. 1-2 asked, and Traction 81 bid 9S 3-i
asked.
Rate Case Decision.
Splendid crop prospects and excellent
money conditions seem to have no effect
on the stock market The Forthcoming
rate decision is talked of to the exclusion
of everything else.
With the near approach of the decision.
there have come many alleged versions
of what the gist of that decision will be.
There will be more, no doubt, before the
decision is made public. The possibility
OF leaks from the Government Printing
Office where the text of the decision is
understood to be in the hands of the
printers, leads some color to the reports,
but in the opinion of conservative OBJ
servers the various versions are based
rather on what developed at the rate
e hearings than on actual knowledge.
Past rulings of the Interstate Com
nerce Commission have figured also In
these conjectures. For example. il is
known that the commission is opposed to
the practice Of ''spotting" cars and of
free service on tap lines. and for that
reason it has been supposed that the COM
mission would issue orders calculated TO
save railroads money now expended, rath-
er than grant outright increases.
When ii comes TO specifying exactly
what commodities will be raised under
the order and what will be left undis-
turbed the gueSsers are more than likely
entering fields OF pure conjecture
Of course somebody will list il because
stories have been printed that the roads
will get nothing and others that they
will get more than the so-called 5 per
cent.
The Washington herald., 1914-06-20

Lime was one of the earliest materials
used to improve soil, being mentioned u
the writing Of Plato and Pliny.
The Washington herald., 1914-06-20
The Safest Investments

Ar thoss that do not nuctusts dz1ns n.
turbed conditioos cf the money % sts<4 mas.
beta First deed of trust not1 tfns mxs.
gAg.). veil secured On real estate IN the Dis,
triet Of Columt=a, cuustituts 'IEilt-sdgss IN
vestmentA They do not depend upon ths
financial responsibility Of tndiTiduais % esf-
porauons for their aabihty. and ars ex@pe
iron tAxation a. persp1ai property. We 0D
upply such iavestmenb In amounh fuu 80
upvard Send for booklet, "concsnins Lesss
and InvesfDentA"
The Washington herald., 1914-06-20

n q
Total sales H. Is shares. against S.275 yesterday
III In a week ago, and IS $50 a year ago. From
January / to date S.lo.ss against A.sI5.as Z
year ago. a.... -s-..