davidaulloa/AmericanStories huggingface dataset:
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1914-10-10
A BLIND MANS LIBRARY
Continued from page one)

represented by Greeley's American
Conflict" who ever hears Of that big
two.volume work ~nowadays), the
authoritative life OF Lincoln, and
the old "'Letters of julius. Evidently
this blind man who read through his
wife's eyes was n lover of that form Of
satire and argument, which arose
from the white heat of the highest
political disputation.
He was undoubtedly a lover of
argument, in any field, for | noticed a
.nuraber of theological apologetics, both
ancient and modern indeed, they ran
rom Arminius 70 Robert q. Ingeraoll,
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1914-10-10

So Mr.. Macdonald is in tho PENN
sula and is going to visit every part
of it and tell us of his congressional
record. We are more interested in
Macs record among his neighbors
than in his congressional record a
compilation that was s~tudiously manu-
featured with the object in view of
obscuring the other record we speak Of.
No, Mac cant put over any of those
%foolers down here. We've AL met
and talked with too many OF his
neighbors
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1914-10-10

Chase S. Osborn is burying more
hatchets these DAYS than any politician
OF the times. He Is playing the role
of the pacihcator. He - not starting
fights, dearly as he loves a fight. He
Is making friends with every republic
can and incidentally with a lot OF bull
moosera. He Is forgetting rows aud
fights that most people thought never
would be eifaced Mining Gazette.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1914-10-10
r. ]. Cheney 81 Go. Toledo. q

F j. Cheney q Co, Toledo, O.
We, the undersigned, have known
F. J Cheney for the last IS wears, and
believe him perfectly honorable in all
business transactions and financially
able to carry out any obligations made
by HIS firm.
NATIONAL BANK OF COMMERCE.
Toledo, -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

News asa the Market.

1t IL obvious that the immediate mar
ket influence Of news developments, fav-
orable or unfavorable In themselves,
depends upon the current mood of the
market or, In other words. upon techni-
cal conditions. That accounts for the
fact that news Developments with a
similar bearing on the financial situation
have varying effects at different times.
The stock market yesterday advanced
strongly on the Washington report that
tho President had urged an early decision
In the rate question. Prices also de-
clined sharply on later reports denying
that the matter had even been discussed
by the President. But II was noticeable
that the reaction was resisted and that
o substantial portion of the ground gained
was retained. This relative strength
may have been because OF u belief that
the Presidents attitude on this most
important question Is that II ought to
be settled at the earliest possible oppor-
tunity whether or not he has actually
interviewed. Another explanation In that
the earlier reports had simply stimulated
an advance. for which the stock market was
prcdisposed by technical conditions. The
cotton market a good many years ago
furnished a striking example Of the way
false news sometimes acts as an incen-
tive to market movements, The incident
happened In the days when cotton specu-
lators were not nearly so well Informed
on the geography OF the cotton belt as
they are now. Reports OF severe frost
at Amarillo. Tex, suddenly sent cotton
prices up 40 points. The subsequent dis
covery that there was not cotton plant
within 200 miles OF the town in question
had not the slightest effect on the market
The advance proceeded as II the first
differences drawn from tho report were
entirely correct.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

II a statement credited to banker
closely connected with the affairs of the
Kumely Company. published during the
day. was designed To comfort the stock
holders II was worded In rather pecu-
liar way. The banker in question was
quoted AZ saying that rcceivership pro-
ceedings are highly improper "at this
time" He offers the information that
there has been much talk OF receiver.
but gives II as his personal opinion that
such proceedings would ne unnecessary.
Further on he confides with the public
that ut would amount almost to disaster
X the company should be put in the
hands OF receivers" "A company that
holds ss.000.0GD or $4,000 600 farmers
notes." he says, (which are slow. but per-
fectly good. and which has millions OF
dollars worth of materials and nipple
ments which are worth cost OF produc-
ton, plus a good profit. II time is given
to place them or dispose of them would
be pity to place in receivers hands"
Wall Street Is scarcely accustomed 10
such candid talk of receivers and bank
ruptcy.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
THE CURB MARKET.

Trading In the curb market continued
on a restricted scale yesterday. with
closing prices rejecting irregular changes.
Outside OF Standard Oil shares fuctua-
lions were narrow and dealings feature
less. Tobacco stocks moved UP n trif'e
on limited trading. United Cigar Stores
selling at seL and Br sh-American To-
bscco. old, at 241.. Riker-Hegeman re-
coded Il to rs on increased activity.
Great Northern and Union Pacific rights
eased on y and u respectively Bonds
were moderately active and steady.
Upon the publication OF an excellent
statement for 1918 by the Standard OF
Company Of California the stock Jumped
UP about Is points ut the opening and
rose as high as 33s, but subsequently re-
acted to 322. Other oil shares displayed
a good tone. Prairie Oil and Gas closed
strong at 51&. up 10 points South Penn
OIL rose points to StS Standard OIL of
Indiana advanced points to $40 and
standard Oil Of kentucky moved UP :
points to go. Anelo-American oil was
hrmer at Tx Atlantic Refining yielded
TO 69' Standard Oil OF New Jersey re-
Elected gain OF points. selling between
4l3 and AZ. and Standard Oil OF New
York rose points to 200.
Transactions in detail in the market
yesterday were az follows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
WESTERN FUEL OFFICERS GUILTY
Three Convicted of Conspiracy Ia
Defraud Customs.

SAN Francisco, Feb. Isl. g. Smith
vice-president of the Western Fuel Com
pany: +. q. Mills, superintendent, and T.
H. Mayer. chief weigher. were convicted
here to-day in the United States court Of
conspiracy to defraud the Government OF
customs. Saturday morning has been set
for sentence. The lawyers for the three
men are to make an immediate motion for
n new trial. Meanwhile their clients re
main free on bail.
Six ballots were taken. Before the vot 70
ing began II was agreed to acquit Edward
]. Smith, former tax collector of San
Francisco and "A brother of the vice-presi
dent of the company.
The indictments were brought frst on
February 10. 1913. against John l.
Howard. president OF the fuel company
and other officials. The indictment against
Howard was dismissed on the day OF his
death, and those against the others, ex-
cepting the three convicted to-day. on jan
uary "a.
A second batch OF indictments were
brought June Is, 1918, two days after
John l.. McNab wired his res.grlation TO
President Wilson as District Attorney. as
sorting that outside influences had been NJ
work in his office TO defeat the ends OF Jus
tice. The outside influences were said 10
be persons in the Attorney GENERALS office.
The trial opened before Federal Judge
Dooling December 10, 1913.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
sslking.

A prominent Wall Street commission
house has the following to say OF the
market situation In its fortnightly letter ::
1T Is somewhat dlsconcerting TO one
who thinks he sees clearly the evidence
OF wide and substantial Improvement 10
ind so much disagreement Of opinion
among those whose past success en-
titles their views to respect. one does
not as n rule want a great deal Of com
pany on either side OF the market. pre-
ferring to be I'm the minority: but here
is an extreme case in which the success
full minority Is divided. one banker can
not see enough good In the prospect 20
offset the bad and he therefore is bear
ish. Another banker equally well In
formed and equally respected for his
judgment and intuition. IL quite the other
way and Is we'll enough satisfied with the
outlook 10 say without qualifications that
he Is bullish. Among the most successful
spectators We lind the same disagree
ment. even among those who as rule
think by the same methods and arrive at
similar conclusions. one will he very
bulllsh and another very bearish. This
In apparently not SO much a condition OF
fact n state OF mind
THE explanation is not 20 be found In
the statistics OF the financial situation.
but II AZ all In tho psychology OF bankers
and spectators. The reason for SO
much uisasreement. we tnink, Is that
some minds are rccorclicd 70 the changes
that are taking place. while others ara
stll closed. We have new political
deal. II IL so different In some aspects
from the old deal that many OF the players
seem determined to sit out and sulk -
Wall Street, as we have said before. is
TO much averse to change; but change
will take place In spite OF Wall Street and
the new opportunities have never beer
less valuable than the old. II is a prob
lem of accommodation"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
BUSINESS TROUBLES.

JOSEPH A. MANAHAN Of . East i:sh street.
hs; alsd pesiion In o.nsss aHs With H. n.
Sai; o. .srs ,n aS no "o.s
w "; S Sin' 20 sssa s: =: Naa.
M s.ns Of M n.sssa.Ac < :seSs.a TSs1s:
Msnah.n Estate. AGO. secured; Thoms: Msa-
chen: chem T .scsr.d Chs.
man. q, 7i5 loan; Lewis Nixon, 5000. loan;
Msdeiin: Pisrs9n: g. &C. lean; rrs9E b. C Csnn
pany. a'sSS. and H n. ArmHrons. sees. den
William p. LEUcHrENDERe, importer. Of
50 Union Square, has Med q petition IN bank
rup.cy. with llsbilite:: Ct MisSe to four our
s Ssius uSinosn. Mr. IsucSi.nSsrs formerly
imported paper made In Germany and scan
S Snr ise i he 'h incorporsacd the wiliism ,.
i~uchtenbssT Company with = capital stock
Exit M n NEWMAN. living q. SIS West Ninety:
seventh street, known In the theatrical world
s.ns ss wsS . Sn. 'S 81 s aSa no
,oSses e. $40 Brs s;S ,. sns s,sd .;
Eve; sM and y s.s es.t q SsSe in Claim
LOUIS Levy. saiesm.n. Of % Trinity ay:, ,
ss Ri: h, 81 D:0 %o.S IN
waterbury, Conn. In 1910. and assets two
padre Of cheers for cutting woollens' T,So' for
JOHN OHM y ne M Ei . hsinS .. 1858 Bron.d.le
avenue. In The Bronx. hss hlej petition IN
assets He has four pawn tickets Of RIO
value. Tho debts are to six salary loan con-
ADEi.NAN 4 LIHBERMAN. composed Of Hy::
man y. Adelman and Harry Liebermnn o.
bsnkruptcy, With iisbiitiss Of ts2s to three
crediiors and no nsssss The H. b Claim
IsiDOR HAMMER, furrisr, OF ~ University
place has hled schedules In bankruptcy
showing liabilities OF cI772 And assets OF
THE ALPHA ELECTRICAL SUPPLY COM.
PANY dealers In electrical supplieA sddress
sndss W, 0romsn. The compsay wae tncor.
porsaed IN March. 1911, With . capital stock
Nathan N. W!llismson u se@etsry,
DEkNkRD KRuL9wITCn, tobb:r IN hats =
m.ns 10 rscdsricK W. STEELE,
REUBEN sCHwEp, dealer In trimming and
iacrs ~ 1T. Muoisom svrnur '"- .'S;is an
usrja,inlcnt 10 Solomon Caller Tie GgRn
Uuslnesa IN 'p'u"rv ~"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
Pressed steel Car.

The annual report OF the Pressed Steel
Car Company quite satisfactorily ex-
planned the action OF the company a little
while ago in resuming dividends on the
common stock for the first time since
1904. The common dividend came as a
surprise TO Wall Street. II would not
have occasioned any remark at all IL
there had been general knowledge that
last years earnings We're at "A rate 20
leave surplus equal to 1885 per cent.
as compared with 0.15 per cent in 1912
In fact the per cent. dividend appears
conservative beside the results for this
single year. Moreover. in regard to tho
future the management expresses itself
as confident that IL tho railroads receive
an Increase in freight rates the Pressed
Steel Car Company's business will receive
quite an Impetus"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

THE GRAIN MARKETS.
Wheat Values Ease On Liberal SELF
Tag ~ L0ags.

Wheat values lost . part Of the pro-
sfdnz days gains under liberal selling by
longs. who were impelled to realize by tho
rsther poor showing Of the cables and ex-
cssdingy favorable advices from the win
ter wheat territory. The expert inquiry
was a negligible factor and foreigners
seemed little inclined to raise their bids
Pressure OF offerings. however. at no time
vas heavy, due In large measure to the
moderate Northwest receipts and decreas-
ing stocks. May closed nearly half cent
lover while the final price for July was
We. below the previous closing.
Corn prices worked UP about . half
cent In the early trading. due to light pit
ener!ngS rather than substantial buying.
The market weakened later on reports OF
poor cash demand. closing &c lower.
Oats essed OF after early nrmness, clos
Ing &c lower. Trade was featureless.
Price Current said: "Growing condition
o. winter wheat still continues generally
favorable. with no indication Of damage
to any considerable extent by freezing
winter wheat area Ia generally covered
with snow. so that the prospect for the
future Is excellent. Hundreds OF reports
Indicate that farmers are inclined to sell
corn and oats somewhat freely In the
sections where the shipping surplus u
large throughout the northern portions VI
Iowa, Illinois, Indiana and Ohio. In other
sections there seems TO no decided dis
position among the farmers to hold corn
until the prospect for the next crop "
assured and that they will be inclined to
iced the corn rather than to accept very
uucA lower prices"
Chicago prlces were:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
BOLOGNESI ASSERTS
HIS FIRM Is SOLVENT
Tells Creditors II Time Is Al
lowed He VIII Pay All
Claims in Full.

over one hundred and fifty creditors Of
A. Bolognesi 4 Co. private bankers and
transfer agents, who made an assignment
last week. gathered yesterday at the
italian Chamber Of Commerce at 2o3
Broadway. 10 elect committee to act
In conjunction with the assignee. Fran
els y. Gilbert. in protecting their inter-
ests. The creditors are almost entirely
Italians. ranging from bankers and mer-
chants to employees Of the Street Clean
ing Department The meeting was q
peaceful one.
A committee Of Ave to represent the
interests OF the creditors was chosen as
follows: Hector Grassi. senior member OF
the flrm OF l.. Grandarsi 4 Co.. who rep
resents the merchants: the italian Consul.
who represents the laboring element l..
Salori, president of the italian Cham
Der Of Commerce. who represents all in
terests: Ralph DELI Paoli and G.. De
Vita The last two named are representa-
tives OF the banking interests, who are
creditors of tho firm.
A statement from Alessandro Boiognesi.
the senior member Of the Arm. was cir
culated among the creditors. II was to
the effect that there were assets OF s315.-
S26. against liabilities Of S249,5s0. or
the assets there Ia st9,454 In cash on
hand. 375s In banks. ss2.Is5 invested in
stocks and bonds, and s2i.033 to the
credit OF the company with the American
Express Company.
Tho largest single item OF liability is
$l55.390. due TO correspondents IN Europe
on account OF remittances and drafts.
or the assets the ss2.l95 in stocks and
bonds together with S2s.ll2 invested with
a. Bolognesi Manufacturing Company and
s15.753 with the Wright Storage Battery
Company will be of value, II Ia said,
only II they are allowed to continue In
business. The manufacturing company
at the present time has no money on
hand and the storage battery company
has only about $4,000.
In his statement Mr.. Bolosnesi says
my salvation and the salvation Of my
creditors depends on what IL done with
the Wright Storage Battery Company.
II Is n real enterprise with real merits
and real prospects. I firmly believe that
II my son and 7 are given reasonable
support and are allowed period OF u few
months within which TO work We shall
be able to show profit which within
short time will pay every dollar I
owe and entitle me TO the return OF my
home"
II Is hoped 70 bring about a meeting
OF tho creditors committee to-day.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

The offering OF the Western Union
stock in the American Telephone COM
pany's treasury has provided an oppor-
tunity for the familiar variety OF specu-
lative operations INDUCED in on such oc-
casions. The process OF arbitraging be-
tween the market for the rights" and
that for the stock when a chance for
small profits Is presented has probably
been going on. The appearance OF n
premium Of LAG for the stock In the loan
crowd has been given various interpre-
tations One operation Il suggests is bor-
rowing by people who have sold the stool;
short and purchased the rights pending
the release OF the shares formerly tied up.
Western Union Is thus In process of
manufacture or. In other words. the stool,
shortly to be released Il already being
marketed In the usual manner.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
cotton STILL DULL,
IN NARROW RANGE
ooerstions Chiefly Professional,
, 9 Will, Small Volume Of
Business.
SHORT TINE BY sPINNERS
pn,pect Of Curtailment Not
Likely to Affect Price Of
Raw Material.

eo,ton moved within q range Of 4 to
f, ,otnts yesterday. Trading was in ex-
,,.,,ely small volume and business was
,p,ost entirely Of professional origin.
,Irerpcol was slightly lower than due
"a the local market did not make 4 full
-..,ou.c. The steadiness hcre together
,.,a the casiness at Liverpool suggested
ns likelihood that some OF the straddlo
,,s-atlcns between the two markets were
,.lns undone at present differences. The
,,st that Liverpool was a good buyer
nara during tho first hour rather sus-
,aned this theory.
In addition to tho fact that February
n usually a dull month in the cotton
,a-ket tho general lack OF interest has
rsn intensified by the domination OF big
,-ofsssional interests. Cotton ordinarily
"a fsvorite q. the Spectator because It
furnishes action" 1t Is usually the most
.easltlye OF all markets on account OF
The uncertainties of the supply and de-
nand features, which not infrequentiy
change over night. At present the Semi
confessional element are paying little or
\, attention 10 cotton and most Of tho
ordinary hedge business Is going to
Liverpool.
Traders on the floor yesterday took
pms Interest In the meeting of tho
southern Hard Yarn Spinners Association
which was held at Gastonin, n. c., yes
ertay A. this meeting II Is expected
that the proposition will come up to
cur,a!l for thirty days or more. This
association represents only about 1.000.-
4 a..
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
COTTON BROKER FAILS.
Suspension of Madison Foster Of
Memphis Announced.

The failure of Madison Foster Of Mem
phis. Tenn, member OF the New York
Cotton Exchange, was announced ycster-
day afternoon on the floor Of tho Cotton
Exchange. II was said that his failure
WAS due TO the difficulties of c. r. Raine.
president OF the defunct Mercantile Bank
OF Memphis, for whom Mr., Foster acted
as broker in cotton operations
At the office OF jerks, ,iwynno 4 Co..
who acted in New York for Mr.. Foster
on the Cotton Exchange. it was said that
the broker owed them and other Now
York firms, but that the amounts were not
large. Mr., Foster had been a member
OF the New York Cotton Exchange since
1911.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
-=======
FINANCIAL NOTES.

Scott r. Hayes. vice president of the Rail
way Steel spring Company since its or
gauization, has resigned to become assIs
to the president OF the New York AIR Brake
Company. effective March /, No successor
has been appointed 10 the vice presidency
OF the Steel Spring Company, as the COM
pany had two vice presidents before Mr..
Hayes resigned
Lloyd u. Brown and George Fisher have
been elected members of the Consollda ID
Stock ENchAnge Five applications for
membership In the exchange are now pend
ing,
At tho meeting OF the directors OF the
Pacific Mail Steamship Company W. A
WorthinHton was elected director to sue.
coed Maxwell Evarts. deceased
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
COURT CALENDARS THIS DAY.
NEW YORK COUNTY.

fore sp in s p. g.: MoLsushiin. Clarke,
seG and MOI. ss so: co., oHa, G 81: co.,
900. SO. Gil. Sl2. si3. sl4. sic, els.
Supreme Court-Appellats Term-Rscess.
Supreme court--speeial Term-Part l..
at 10. $40 A. NJ.
Supreme court---specisl Term-.Par. H.
Before Blur. :. Court opens at io'so A NJ
supreme court---speeial Term----part III
s ssi0 81 pfS SssH iiss
iis. .s,s ,s,s 1855. 1ss 1855. isss ~.
ssse. g 1901, 1888. i isci ' 81. u.s. 1851
ai sic 1889, '7s' s's, %. $50 Case un-
Part Iv--Before Con, j. Case unfinished.
Part V.-Bsfore Gavegan, J. Case un-
Part vI.-Before Hendrick. J. Case un-
Part .vII.-Before Gieserich. j. Case un-
Part vrIr.--Before Blanchard. J. Case
Causes to b. sent from Part III. to Parts
W.. ", VI. VII and VIII. for trial.
supreme Court--Triai Term-Part IL
Before whitaker. J. Nos 1875. aoss. s~s.
l, a. ss. f' .si nil 49, H: s "a.
Part iv.-Before Lehman. J. Nos. also.
1911, 1905. 2ss2. 2bls, 2<2s. ?ssi Clear.
Part N.-Beforc Benton. J. Nos. 1919.
?otO 1871. 77a, 2o., 1880, st7s. 1912. 2o4s.
1890 2s7s. 2so+. 1925. 1t4o, 1926. 1880. Case
Part vI-Befors Weeks J. Case on.
No day calendar
Part .vIi.---Ad,ourned until Tuesday. Feb.
ruary ~, l9l4.
Part yIii.,,;Adjou,ned for the term.
219o. ?3l3. ?6s,. 5se5. :ls7, csli. 24si. 24si
2il3. soe2. 26ts. 200. Case unfinished.
Part x.--AdJourned for the term.
Part Nf.-Bcfore Philhin, Mos. 1855
1859, 1873. 2ol:. .eos.. 1873, :cii, .lo5. 500
Part XfI.-Before Pendleton, J. No da,
Part XIII-Betore Van Kirk. Nos
1891, 2G3s. 234<. 2s3o. 2l2i. Case unfinished
Part xIV.-Before Erianger. J.-Nos. 1889
1870. i40l. Clear.
Part XV.--Before Ford. Mos 1854. 1851
1899, 1851. ?7is. l+.2 i4ts. us. Case un
Part xvI-Before Emerson. Mos. 1905
Ass, 671. 1879. 1906. Clear.
Par, XvIr,-Befors Newburser. J.-Nos
Part XvIII-Before Greenbsum. J.-Nos
1874. l22t 1885 1851 1858, 1925, l22s, 1877
i??s; 1879. 1880. lisa, 1927, sN. Case un
| finished.
surroga,e's Co&t-Chambers-Bef Co
! halsn, 5. Wills for probate-Annie Hirsch
Margaret r. Kennedy. Edward II. Brown
solomon Cohn. Joseph Hummel, Frederic l.
| Bullsrd. George W. Bohde. at 1880 A. NJ.
| Fowler. :. Court opens at 1880 A. II. Con
| tested will-No. S0&s.
City Court-spec.al Term-Part BE
fore La Fetra, Court opens az 10 A. NJ
| Motions Part u.--Before Delehanty. J
Court opens at 10 A. II. Ex parte matters.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
THE PHILADELPHIA MARKET.

PHILADELPHIA, Feb. 1s.-Thc market
was irregular during the day. Extremely
narrow fluctuations featured the day.
There was some demand for Philadelphia
Electric. which was supplied above 26Ts.
Cambria Steel sold or fractionally on odd
lot trading. Traction stocks were quiet.
Electric Storage Battery on the declara-
tion Of the regular dividend sold around
last nights closing. Insiders tried to make
market for asphalt Issues, but were I'M
successful. Arbitrage trading WAS heavy
in United States Steel common. The
summary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
THE COPPER NARXET.

Copper consumers continue to hold of
from extensive commitments and the sit
uation at present IL nat Both home and
foreign manufacturers bought substan-
tally on the recent movement and are not
pressed for supplies. Quotations Of pro-
ducers are maintained at 1l5S cents q
pound.