davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
BUSINESS REPORTS
GROWING BETTER
Labor More Fully Employed in
Iron and Steel-Business
Men Encouraged.

Several favorable factors developed in
the last week 20 stimulate business in
manufacturing and commercial lines The
Presidents message was widely encour-
aging. while the quick sale OF the 1000
600 New York state AZ per cent bonds
indicated easier conditions for investment
financing
"Dun's Review" says:
while there is tangible evidence Of con
tinued expansion In general business, the
betterment is not entirely uniform. Ad-
vices from leading centres are rather
mixed. yet favorable reports outnumber
those Of an opposite character, and senti-
ment is more confident In the important
iron and steel industry the belief is
strengthening that the turning point has
about been reached. although II is not
expected that the recovery from previous
depression will be rapid. Labor, however
is more fully employed; mill operations
have increased and even II there has
been no advance in prices. further con-
cessions are not so frequent. The former
policy Of the railroads in holding back
contracts IS somewhat less pronounced.
a
forward with greater freedom than here
tofore
Liabilities Of commercial failures thus
far reported for January amount TO $24,-
657, 400. Of which $129sl,1S} were in manu-
featuring slO.659,176 i'm trading and Sl,e9 %
l0i in other commercial lines. Failures
this week numbered 46 in the United
States. against 95O last year, and As in
Canada, compared with A a year ago.
"Bradstreet's" has the following:
"Sentiment-fnancia industrial and
mmercial-manfestly is better than
Il was a week or a month ago. Appar-
entity the Presidential message issued
during the week has helped TO clear the
economic atmosphere, and business men
seem TO be more disposed to go ahead
with their respective enterprises.
"On the industrial side of affairs there
is more work available: demand for iron
and steel continues TO reflect improve
ment, and in that industry. as in others
operations are increasing. There is less
talk Of idleness, although restrictions
of outputs are being predicted by nu-
merous industries. chiefly in the Lake
Superior ore mining industry and In the
Connellsville coke trade, while shut
downs of soft coal mines in Ohio and
Indiana are anticipated because of the
unsettled condition Of the market, plus
low prices.
AS regards general commodities trade
in seasonable wearing apparel has been
helped by colder weather, but where
mild weather prevails business is stu
retarded. Railway traffic continues light
largely because shipments OF coal are
below seasonal standards. crop condl-
lions are good.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
GRAIN PRICES
STILL ADVANCING
Wheat, Corn and Oats All
Show Gains - Coffee
Quiet but Higher.

There vas "A marked advance in all The
grain markets yesterday. with the SPOT
situation frmer The rise In wheat was
due TO conditions in producing countries
south OF the equator, with conditions in
Russia regarded as uncertain. Australian
prices were reported firm. owing TO a good
demand from Japan. The local close was
at net gain for the day OF izd5tc, max
ing new high records for the movement
Good buying by shorts sent the price OF
the January corn option Up TIC. and later
deliveries were 2suzc UP from the pre-
vious close. oats were quiet. but in sym
patty with the upward movement in
wheat, and corn made net gains OF hTitc-
Unexpected strength In the foreign mar
kets caused n decided bulge in local cof-
fee prices, although the market was not
what might be called active. pro
nOunced reduction I'm authoritative csti-
mates OF thu Rio crop helped the advance,
but bulls were not inclined TO be over
enthusiastic. as Santos receipts still con-
tinue large. Stocks OF mild coffee are de-
creasing and the situa ton is firm, with
prices maintaining their premium over
the Santos grades. The local close was at
net gains Of 10 10 II points.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
SOUTHERN PACIFIC FIGHT
Efforts Making to Prevent Sep.
aration from Central Pacific.

The San Francisco Chamber OF Com
merce has requested President Wilson 10
defer bringing the suit proposed by the
Attorney General to separate the South
ern Pacific from the Central Pacific until
a committee appointed by that body can
reach Washington and present more fully
their objections, according to an an
nouncement made yesterday by Julius
Kruttschnitt, chairman Of the Southern
Pacific Company.
It is further suggested that If the in
dustrial commission recommended by the
President Is created, that commission
could appropriately deal with the subject
and thus obvlate the complications arising
from lawsuits.
Mr. Kruttschnitt also stated that the
Home Industry League. of California,
which has $50 active members and 10000
auxiliary members, had passed resolutions
against the separation Of the Southern
Pacific and the Central Pacific.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
CROP OF COTTON
SECOND LARGEST
Ginning Figures Show a Produc'
ton of More than 100000
Bales This Season.

Washington. Jan. ?3.-Announcement by
the Census Bureau to-day that 13. 5s,ld
bales OF cotton, exclusive OF linters. had
been ginned prior to January Is. officially
established the fact that the 1914 cot
ton crop is the second in size the country
has grown.
Linters obtained to January amounted
70 .93i bales, bringing the total cotton
ginned, as far az official figures show, to
l39s5,i05 running bales. This amount will
be increased by glnnings during the re-
maindor Of the season. so that the final
figures Will show a crop OF more than IL
100000 bales.
The preliminary figures will not be an
nounced until March %. when the Cen
sus Bureau Will make its report showing
the ginnings 10 February 2S. In the last
five years the quantity of cotton ginned
beteween January lG and February % has
averaged SO per cent Of the entire crop.
During the period between January I
and IS the ginnings were 2S5,So2 bales,
which is greater than at any similar
period during the last five years
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
Too Much Foresight.

~, which are not so but might be
,nv abound in Wall Street. but il SCI
= .-oyes Is costly 20 believe them as
"A, bssn lately. When IL was first sug-
- hat holding companies. interlock-
!. E-sctorstes. common stock control
a Al the other machinery for guarding
eng called community OF interest
IA be abolished By act OF Congress
p. sere many who were swift TO sell
"a socks as Norfolk & Western and
Eit-s.6 Ohio. on the theory that they
VI. 1rsin 10 decline. because compa-
ra wing biz blocks Of them would be
I'D % give up their shares, and these
rs2 y added 10 the floating supply.
-cs 4 Ohio was given mp by the
r Pacific. but. greatly 10 the dismay
re ioo-wise longs and the PRESIDENT
FRS The stock advanced. instead OF de-
ri As for Norfolk & Western, 1t
r.l down % sss.. when the Street was
rStai the Pennsylvania would part
r. is BIZ holdings. and ever since that
J. PEOPLE have been buying II back viii.
RAISING difficulty Yesterday II touched
and closed as nigh as l0i'..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
DENIAL BY TRUMBUlL
Says He Never Participated IN
Profit of Frisco Deals.

Frank Trumbull. chairman of the Chesa-
peake & Ohio Railway. who, with other
directors OF the Frisco road in 1910, was
named one Of the defendants in the suit
brought in ST. Louis by the receivers to
recover S44Os.92l said yesterday;
81 have not seen the petition, and am.
therefore, unaware OF its exact contents.
7 was director OF the Frisco for short
time. but never have participated, either
directly or indirectly, in the profit OF any
Frisco transaction. Throughout my SER
vice as a director ! was considerable
holder Of Frisco stock, which is evidence
OF my good faith in acting for what ]
deemed TO be the best interests OF the
company. The trial, OF course VIII de-
velop all these facts
Receivers for the Frisco will deposit In
the Central Trust Company this week
S74725. with which 10 pay Series y equip
ment trusts. which matured on January
and on which there was thirty days
grace.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
,or Tries Without Avail
y Join City Bank to
Corn Exchange.
.ooKFRS EXPECT TO
DEFEAT OWEN BILL
Al Ranks of New York City
s,.o,Ioan Increase, While
Deserve Moves Up.

r,vcbange Bank. a big institl-
-. 70 increase its capital and be
= ~ bigger. That was a matter OF
= ',-,,r,edse. 70 was also known Of
~ The National City Bank there
~ ,-,st love FOR the most discussed
es y =. organization committee OF the
3, - reserve banking system.
= q vas no secret that because OF
80 o. this man on the commit
. r,,v Rank was supposed 10 have
% the wisdom OF its Joining the
- An those facts were interesting
A. their way but after a thoroush
- 80 BY the street they had lost
.ro- stnl. Il was obvious that
y - Re a great waste OF good ma
y, rev we're allowed TO go at that.
- .,,,stion was needed and an I'M
- vas found Thanks 70 the pre-
.,.i,snce Of bank officers. IL was
u. "a draw differences which dove
:, beautifully that they carried
-, even 10 their author. And so
-, harmed. and enjoyed the idea
-. hours. that the city Bank and
- Exchange were 20 amalgamate
:. ~, and that the National Bank s
rould BE surrendered Cnfortu-
y h,vever. the story was not true.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
Dividends Declared.

-, Terra Gotta Company. quarterly Of
49,. on preferred. pay able January 81
49, record January %
/ - Match Company. quarterly OF Ia
sna l PEI cent extra payable March
49, q recoro February -.
amp Company. oDar7eriy OF ga per
- se'e February ? 90 stock % record
--.tf COMPANY. quarterly Of ~ per
s...sieifed. reyabs February ].
: @o. Limited. quarterly ~ ~. per
49, January n
- taJatls Fehniarg 2
p - Manufacturing Company. quar-
49,. ~ cent, payable February 2
-. valley Traction Company.
= 49, "a per cent on preferred. pay
'-,.r.,, q 10 stock q record JANUARY -.
"a nenfacturing Company. semi an
s,,s = q. ssa' payable February = 20 stock
fss sshh'sry q
y -. Ofy Goods Company. semi annual
49, ssni On preferred and S per cent on
~ es<ssee February
/ - rsA hills. quarterly OF IA per cent.
-. tseruary ?
II n a ~ Company, OF KanEss. quar-
"a ~ - = extra, PAYABLE February 2S
r.l,,,.,, record Fcorlary ii
sr, Z, Traction Company. supple
~ IL. ~ cent on account OF accumu
ty1 s''eencs on preferred. payable
= ,.suon Company. regular quarterly
Nc ~nt on common. payable FEB
,>.ssss 80 Of record January 81.
80 81, s1sn,. Jan. 26.--In ADDITION 70 the
u 40 dividend Of So declared to-
"a 49, OH Company OF kansas,
u.s. Eskx,.s " a shsre was announced.
- II ~ q. % stockholders Of record
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
When Gold Goes TO France.

re god will 90 10 Paris very shortly.
resent intentions hold good. The theo-
a loss on shipments OF one-half OF !
.t1i which could be figured out. with
: sszbination OF discount and sterling
la % some Of the days recently when
~ rlmored that a new lot Of the
A would 20 ouf IS rather nominal
a. rsl II the experience Of last year
~ guide the apparent loss would
10 be 0ne-fourth Of ] per cent
nac than II is 70 stop the outflow. OF
y the loss. 80 far as the shippers
Socerned is no loss at all. The con-
- whether " IS the Bank OF France
~ o. the little governments in the
eohs wants the gold badly enough 10
- Interest on the metal IN transit and
g me Insurance on IL. With the con-
- paving the charges that ordinarily
.'on the shipper the theoretical gold
y point in exchange loses its impor-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
BRIEF WALL STREET NEWS.

Business for foreign account yesterday
totalled about 1900 shares. evenly d.
vided between purchases and sales. ca
madam was active on the selling side
while Rock Island was bought
The Merchants National Bank has re-
ceived $4,000 gold coin from Canada
This makes total OF 100000 imported
from Canada on the current movement.
Exports Of copper for the week ended
January % totaned s.s22 tons. Since Jan
uary exports amounted to 25.2l7 tons as
compared with 1887 tons for the same
period last year
Redmond & Co. are distributing book
let containing offerings of high grade
railroad and public utility securities. II
contains a chart showing the course of
the bond market from 1907 to 1918, in
elusive
Directors of the Merchants Exchange
National Bank have under consideration
a plan for increasing the capital from
$4,000 70 100000.
The reported movements Of currency
this week indicate a gain in cash by the
banks Of about 100000 They received
from the interior SIS. 746 600 and shipped 10
the interior $l4.441.ccO. including 1854 .ocl
national bank notes sent 10 Washington
for redemption Gold exported to France
amounted TO 10000 and imports from
Canada were sl,5OoI0oo.
Samuel +. Pryor has been elected
director Of the Mechanics and Metals
National Bank.
The fortnightly bulletin Of the Ameri-
can Railway Association states that the
net surplus OF idle freight cars on the
lines Of the United States and Canada
on January Is was PASS, compared with
1ss $50 on January !, an increase of B'o0'
cars
The legislative committee Of the Con
solidated Stock Exchange has made ap-
plication for an allotment Of time at the
hearing TO be given on the owen bill.
Willard V. King. president Of the Co
lur,bia- Knickerbocker Trust Company
left yesterday for an inspection trip ovel
the lines Of the New Orleans Texas
Mexico.
Charles IT. Schacks. vice-president OF
the Colorado Midland Railway and for
nerly ice-president Of the Denver q RIG
Grande and the Western Pacific, has beer
elected president OF the Hale & kilourr
Company. Of Philadelphia, succeeding u
w. Call
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
GRAIN HIGHER IN CHICAGO
Export Sales and Foreign
Strength Boost Prices.

Chicago. Jan. 23.-WLeat showed buoy
ancy to-day. with free realizing sales on
each fractional advance. Liberal export
demand had much TO do with sending
prices higher There was n steady close
at a gain Of asnisc compared with last
night Corn finished &c to i2c up. and oats
dearer. sc 10 &c, but provisions were l2l2c
to 27iac down. Export sales or wheat
amounting TO 10000 bushels were brought
10 light. other purchases intended for
Europe cropped out in Nebraska. At the
same time virtually all cable advices were
on the side Of buyers. World shipments
promised to be small offerings from Ar
gentlna were meagre and there was
continuance OF unusual cold In France.
Australian advices told OF active specu-
latlve demand. based on unexpected short
ness OF yield ard on liberal sales TO
japan. Range Of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
ss York City Nations! Banks.

=" York Clty's national banks made
-'s'estlng showing In answer TO the
ny u call OF the controller OF the
~'y Contrary 20 expectation their
= noSed an increase of about Ss.W',-
comparison with the ngures OF
months ago. though there was p
'-'s o. S'.00o.O0 from the figures Of a
ago Individual deposits increased
$4,000 IN three months. but DE-
'H 10000 IN the year. Through
's''eAse in required reserve, proceed
vi 81 this decrease in deposits IN the
sAa through some gains in cash. the
'e moved up from 2.S9 per cent 10
Three months ago the percentage
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
b,,.n Bill Comes Up Again.

d, Stock Exchange yesterday there
rood deal OF discussion about the
- III to regulate the exchange on q
-..u-e basis. Brokers were greatly
80 IN the report that President
- would not give the bill his back
N, Wilson holding that Congress
-, enough 20 DO this session with
,..,s out Of its way TO please the
-. Q, the Pujo committee. and they
i. w-respondingly detected 70 learn
!, =, legislation had not been aoan-
- TIE guarded statement from the
~, House did something 20 raise their
-. In the end they were pretty well
- hat the bin would actually be
~ 70 q vote. and were rather hope
e,s sure that It would be beaten.
y. hope was based both on the alb
!. a any recommendation by the
s,5srt for stock exchange legislation
= ~ sslf-sxpioding character Of the
--s.af Law
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
ON THE CONSOLIDATED
Heavy Profit Taking Sales
Readily Absorbed.

After an early tendency toward reac-
ton in the leading stocks on the Con-
solidated Exchange. the market changed
in the late afternoon. with prices
strengthening all along the line. Heavy
profit taking sales were easily absorbed.
There were transactions of $3.50 shares
distributed among sixty-four issues.
Rock Island sold on the opening call at
147s and 15is Steel sold as high as 65t,
with transactions for the day OF 1870
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
EXPORTS.
Cash QUOTATIONS.
asked
GENERAL MARKET REPORT.

New York, January 49, 1914
GRAIN-WHEAT--Th upward tendency
noted during the last day or two was again in
progress. and while business was not large.
prices advanced To new high records for TIA
movement and closed at about tho high point
or the DAY, with net gains OF "a sc. The
spot situation frmer. and while the ad-
vance was thought to have carried the market
beyond an export basis sales of about % ioads
comprising both hard winter wheat and Mani
toba, occurred early. and Chicago reported
that during the last few DAYS abou, 600 OOO
bushels OF hard wheat had been worked. most
OF which was previously reported. Foreign
markets We're all firm and higher, and the
genera advance I'm values was again attributed
10 conditions in the Southern Hemisphere In
the local cash market No hard winter wheat
was quoted at esAc, 1 T. to arrive No . red
winter 81 Of, elevator; No Northern, MARI
81 02s,. Z 0 b. CORN-Shorts were again good
buyers and at the close January showed gains
OF l'sc. while later months were as0isc high
err The advance was due 70 indications %
Improvement In the cash demand at the Yves.
and TO export sales OF loads which how
ever. were said 10 have been done under ex
ceptionay favorable conditions in regard 10
the time of purchase and the freight rates.
Cash No 3 yellow corn was quoted at 7Oisc
c ! T. 20 arrive. OATS-The market was not
active. but prices were steader IN sympathy
with the advance In wheat and corn and az
the close showed net gains Of isQitc. Cash
market quiet; standard white, 44iaG45c: No
?. 45q6iac: No 3, 44d44iac; No 4. 43isG44c;
ordinary clipped. 4iQ46c; fancy clipped. 45i. .
4Ic. all elevator. RYE-Firm: No Western.
67iac. Z. New York export BARLEY
SEED s1.etly j,I mating !, q $3.50 = Buffalo
hull, 81 81; mixed. 81 90 Japan 81 95. Wheat.
including -four exports for the week. accord
ing TO Bradstreets, aggregate ASST .s23 bush
els. against 6,7l3, $50 las, week and 6 So 1923
last year; since July !, 169. 594. 33S bushels
against 14o 329.3f4 last season. Corn, exports
for the week, "a sos bushels, against e7.57I
last week and 267l $50 last year; since July
!, J. 4326s2 bushels against s,92s. 751 iest
season.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
LESS ACTIVE ON THE CURB
Standard Oil Issues Strong at
Olose-Silver Stocks Firm.

Tho listing on the Stock Exchange OF
the New York State 4l1s, when Issued
took from the curb very active issue
and had tendency TO lessen the transac-
lions I'm the rest OF the list. Standard
OF subsidiaries after weak opening re
newed their strength and at the close
showed advances OF from to points.
Kelly Springfield Tire issues were lead
ers I'm the speclaltes. the preferred stock
advancing 5 points. Marconi was In good
demand. while United Cigar Stores were
firm. Silver stocks were firm but less
active.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
PpOYTSIONS = Easier

PROVISIONS 49, Easier under increased
selling through commission houses. Tho hog
market w-s inactive. with small changes and
some authorities were inclined 20 think tina,
prices had been advanced too rapidly. PORK
Quiet mess, " JrrS2f family. va 5Oz-S2I !,
sLort clear. $50 25dS22 HEEF- Steady. mess
eiSDsiS 20: family slalS2o; packet SIS 5cf.
$40 20: extra India mess. S28n $50 DRESSED
HOGS-steadv. iIa0il1c. pigs i2Sc. CUT
MEATS-piclded bellies steady. 10 10. i3hc:
l. 10. i2Ac II IN. i2i4c; rickled hams. 1910
ahc. TALLOW- Firm. special &c; CITY,
6A.c asked country. 6"BAc. LARD Ear,
Middle West ; I. n5Q ~ 10. city. lie refined
south america. i.e5c. Continent. II S5c;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
NEW YORK PRICES.
INTERIOR RECEIPTs.
sEABOARD CLEARANCE!
flour AND MEAL-Flour was

FLOUR AND MEAi-Fiour was inactive,
as mills in most cases were asking higher
prices owing TO the advance in wheat. and
buyers refused 10 paw the advance. Spring
- 40. winter patents. s45OQs4 50: spring
clears, 81 l5gSi 30; extra No l winter. SO $50
50 So; No .. So 45ds3 80. Kansas straights,
81 20dSi 30; fancy spring patents. S. 4OdS5 90
BUCKWHEAT FLOUR-Steady. sSds3 q per
100 n. RYE FLOUR-Steady: fair to good.
SO 404s3 80, choice TO fancy, SO 60d$3 TO-
CORNMEAL-Kiln dried. So So BAG MEAL
Fine white and yellow. 81 45dsl 80: coarse.
81 4Oasl ~. FEED-Western easy. bran. 90
arrive loom sacks. s26; standard midding
s25 5as26: -four do, SIS 10: red dog 500 10:
city steady; bulk, s25 4O sacks, S27; midding
s26 50gsso, red dog $50 co. oilmea 1910
y3i 80
tOFFEE-Was again inactive. but after
opening unchanged 10 . points higher developed
a nrmer tone and an upward tendency. closing
very steady az the top, with net gains OF l3H
u points Sales. 200 bags The advance
due largely 20 unexpected hrmness in
Hsyre. where prices closed az net gains OF y
frame and TO moderate foreign buying as well
as covering Hamburg was LUiz psennie low
or. and Brazil markets were inactive. with Rio
nominal while santos spots were 100 refs
lower and futures opened unchanged. Cost and
n eight offers from santos were practically un-
changed from THURSDAY but RIO offers were
slightly frmer. The advance abroad. well
the late upturn here. was based largely on
private able received here by way Of Havrs.
estimate the present Rio crop from 3TJo.-
600 70 3. $50 O01. and estimated the receipts AZ
santos during February AZ from go. 600 70
COO O0n bags spot market quiet and unchanged.
with Rio - quoted az 9isc. Local contrac,
prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
Cities Service Company.

The report OF the Cities Service Com
pany for December shows gross earn
ings OF s413.s6i. an increase Of s27s.79S
over December last year, and net earn
ings were s4O9964, a gain OF s2S1,242.
This large increase IS due 10 the taking
over OF tho Utilities Improvement and
Consolidated cities Light, Power and
Traction companies two months ago.
The gross earnings OF the Cities Service.
including ten months on the old basis
and two months on the new, were s2,l72'-
All. an increase Of s9S1.644 over 1912,
while net earnings were s2.0s7. 06S, an
increase Of s97s.39O. The total surplus
AT the end Of 1918 amounted TO s2.14e,-
0SO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
TONOPAH STOCKS.
CANADIAN STOCKS.
MISCELLANEOUS STOCKS.

Bid Ask Bid. Ask
" y Four i3 Is Round NJ VI 81 20
Mines ~ a ~ aia san Toy 800. II 20
%ev INNS 80 50 King Con.12j $50
New Wond..l.75 zoo Yukon Gold'-W si-'7
Pitts Sn PIX % 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-24
Republic Railway, G. Light Company.

The Republic Railway & Light Com
panv reports gross earnings OF $2S2.3OO
for the month OF December. an increase
Of s17.739 over the same month Of 1912.
Net earnings we're sl05.452. gain Of
s5674 For the twelve months ended
with December gross earnings were So
ss766s Gain Of sS42,Os7 over the year
before. and net earnings were sl.155,706.
an increase OF slOS.675. The surplus for
the year was s617,442. an increase Of
SlO1.346 over 1912.