davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1914-03-11
Report of l.. q y.

The Louisville and Nashville has issued
a detailed report for the first half OF
the fiscal year, which makes a better
showing than most of the railroads.
The cOmpany's loss in surplus by COM
parison with the first half of the pre-
viOus year was small. and the margin
earned over didivend needs large. Yet
the Louisville and Nashville was a victim
of the increased. cost of operation; its
gain of sl,G44.9OO in revenues was earned
at an increased cost of S1,6l1.OOO. so that
the gain in net earnings from the larger
amount OF business handled was very
small.
There was an increase of about $500. 600
in interest charges, and the loss in sur
Plus was only slight more than that
amount, or $36S,Ooo. The balance of ST.
$4,000 remaining after deductions was
equivalent to 6.S per cent OH the So, OO0. 900
OF stock, or almost twice the 1-2 per cent
paid in dividends during the period.
The Washington herald., 1914-03-11
WALL STREET GOSSIP.

Steel tonnage increase was AZ, go tons.
New York Central directors meet today.
Successful bidders for Third Avenue
bonds were George Ehret. Clark, Dodge &
Co. and J. & w. Seligman. Price S.Oi57
NJ. l.. Carpenter a. Co. cotton-Therc
was some further short covering on and
after opening by Wall Street operators:
this caused a rally. After this class of
buying was over, the market eased of
on general liquidation. There has been
some improvement in the last few days
in the volume of business. owing TO
partial resumption of wire service Still
it is not yet normal and the belief is
that as soon as better wire conditions
exist further liquidation will follow which
will force prices lower, as the buying
power is lacking and sentiment here con-
tinues bearish.
S. b. Chaplin & Co. to W. Il. Hihbs-
The very gratifying statement issued by
the United States Steel Corporation
shortly after noon following the de-
crease of 100000 pounds in copper metal
stocks in the United States reported by
the American Copper Producers Asso-
citation yesterday, are signs OF the slow
but steady Improvement that has been
going on in general business since the
emo of December.
Another indication of this improve
ment is the continued large consumption
Of cotton by American mills and the con-
tinued decrease in the surplus of idle
freight cars.
The continued uncertainty in connec-
tion with the Mexican situation and other
politics at Washington and the procrasti-
nation Of the Interstate Commerce Com
mission in deciding the freight rate
question are the only things which are
really holding back business activity.
Prices, however. have had a good set
back and the stocks are now in a more
attractive position as a purchase for a
fresh upturn. Speculative opportunities
OF great width lay in the best copper,
steel, and equipment stocks of the indus
trial list.
New York Financial Bulletin-while it
Is hard for many spectators to assume
q confident attitude in times like these,
We again give 1t as our conviction that
II is a period of accumulation as well
as one Of readjustment.' and, further,
that the discriminating buyer, who con-
servatively purchases selected securities
on this setback. will have no cause for
regret little later. "We are not as
bad off as We feel" Is the way the mat
ter is put by highly responsible quarters.
Examination of the whole situation i'm
partially. with the weighing of the evil
dence by two columns of for and
against will. by its exhaustive reduc-
ton of factors to their lowest terms,
convince the logical mind that the best
lie constructively.
Directors of the Western Union Tele-
graph Company meet today to act on the
dividend. n may be accepted as prac-
tically settled that a quarterly dividend
of per cent will be declared, putting the
stock on per cent basis. against the
5 per cent rate in force since lsOa With
SIS OOO, 900 cash on hand, Western Unions
treasury Is stronger than ever before In
the company's history. Bankers say that
they do not believe more than 10 per cent
The Washington herald., 1914-03-11
Cotton Statistics Change.

Director William J. Harris, of the
Bureau of the Census, Department of
Commerce. announces a change in the
method of publishing the statistics of cot
ton.
The annual reports on the quantity Of
cotton Sinned have heretofore included
the quantity of linters obtained by the
oil mills. Formerly there was only a
comparatively small quantity of linters
obtained and they were Of such grade
as could be used, to some extent for
the same purposes as were the lower
grades of cotton.
Many of the oil mills have now installed
n.aChinery for the closer delinting of the
seed. This has resulted in a large in
'rease in the total quantity of lintsrs
produced each year and, at the same time.
in lowering the average quality of the
nber. so that now only a small part if
amy. is used as a substitute for lint cot
ton.
II. therefore. appears advisable not to
include the quantity of linters in the
total production of cotton for the crop
and. accordingly. the totals in the report
TO be issued on March 20 will relate only
to lint cotton and will not include linters
Information TO the production OF
linters, however, will be given in foot
ote so that cOmpa aratiVe figures may be
computed on the basis of the reports is
sued in previous years.
The Washington herald., 1914-03-11
WASHINGTON PRODUCE.

Quotations given below are fer large lots Of good
marketable goods only. Jobbers prices hiIher.
Lower grades may be sold for less. Fancy goods
sold for high prices
Feeling on esgs yesterday easier. Live hens
easier in tone
Fruits and vegetables active at quotations. Cen
erai supply Of goods about equal to demands Let
tuce lower yesterday: condition Of receipts poor
and choice lettuce strong. Sweet potatoes higher.
Nmle Califopia oranges dropped yesterday. Florida
goods advanced on frst-class receipts. The other
goods remained steady at figures quoted
Sa2
The Washington herald., 1914-03-11
STOCK MARKET
TRENDU UPWARD
(
Prices In Wall Street Show
Gains-American and Ex-
press Again Advance.
REPORT ON THE L. & N.
Smith Line Makes Favorable Showing.
Method of Publishing Cotton
Statistics Changed.
REPORT ON THE L. & N.
By w. sTEALEY.

Leaders in the New York Stock Ex-
change yesterday closed point over
Tuesdays prices.
while Chesapeake and Ohio reached a
new low point, 50 3-4. the stock closed
ut 50 Is. LehiEh was one OF the lew
stocks off closing at IA 81
Stee, closed at GA rs. Reading 1T 16..
Confer az 742-S, Baltimore and Ohio at
50 IS, and Norfolk and Western, leS l-S
There sas a sharp uptGra in North
America and United States Express. The
former gained seven points. closing at
1854
United States Express shares again
made an advance. going 10 sc l., gain
OF Sic points for the day.
These shares sold at rs last December
before there was any talk Of closing cut
the business. The low price for 1915
was 46, established or January 4. Since
.hcn there has been an advance of IS 10
points The company has no bonds or
notes outstanding, only slO.0oo0oO capital
stock. and total assets Of s14.SA54I.
Local stock Exchange.
Trading on the Washington Stock Ex-
change yesterday was improved. Bond
men say that the demand for securities
has been better since the first of March
than il was in February, though moth
ing like as good as it was in January.
They had an excellent month in Janu-
airy. but the following month witnessed
bad falling off in buying. Now there
has been some Improvement. it appears.
One s1.OOO Capital Traction sold at lo9:
four 81, 900 Railway Is at s.: three Sl.om
Potomac Consolidated IS at lO3-4 to
100 IS. and one $1,000 Potomac Electric )
at IO7.
Thirty shares of Continental Trust
brought llS and ten shares 1lS1-4
Twenty-siX shares of Washington Gas
sold at Sl-4.
Fifty shares OF Arlington Insurance
brought u 81.
Twenty-six shares of Railway common
brought S1aS7 1-2. forty-nine shares OF the
preferred, S1aS7 81.
The Washington herald., 1914-03-11

OF the sao.ooo,oo0 stock offering will be
ieft on underwriters hands Those In
innate with Western Union property ac-
count declare government acquisition
would be a bun factor: that Western
Union has today Sis Of property assets
Tor each 800 stock, not Including fran
chise value, rights Of way. etc.
sloss-Sheffield, steel and iron. yesterday
declared the regular quarterly dividend
OF ] 81 per cent on the preferred
The Washington herald., 1914-03-11
GRAIN BROKERS FAIL.

Chicago, March 1O.-The grain broker
age firm of w. A. Fraser & Co. was
put into the hands of receivers today by
Judge Carpenter. Liabilities are slso.l45;
assets, s49O,594. Too much money in
vested and slow assets are given as the
cause for the suspension.
The Washington herald., 1914-03-11
Bank Chapter Meeting.

The Washington Chapter. American
Institute Of Banking. will hold a gen
eral meeting tomorrow night
The meeting is to consider a new con-
stitution which among other features
will permit young bank officials to hold
office in the chapter and be qualified
as national delegates. The chapter later
will elect one delegate to the American
Bankers Association convention in Rich
mond- Fifteen delegates from Washing
ton will go to the Dallas. Texas, Ameri-
can Institute Convention.
Mr.. r. B. Devereux, of the National
Savings and Trust Co., the president Of
the local chapter, will preside.
The Comptroller of the Currency today
is expected to approve the application
for a new national bank in Washington.
The bank will be located at Pennsyl-
vania avenue and Tenth street and will
be known as the Franklin National Bank
after the statute of Benjamin Franklin
in the facing triangle.
About loo men, who had been idle for
two months, returned to work yesterday
at the plant OF the Maryland Steel Co.
tt Is estimated that the total annual
savings of the American people amount
to five billion dollars.
The Washington herald., 1914-03-11
The Safest Investments
PROPOSALS.

OFFICE OF THE COMMISSIONERS OF THE
District Of Columbia, Washington. March .. 1914
Sealed proposals will be received AZ this Office
Room 5e. District Building until o'clock q III
MONDAY. March ., 1914. for furnishing and dcliv-
erins enc hundred and thirty cast aluminium sphCr-
ical ribbed frames for street lamIs. for in IL.
Electrical Department, this city Specifications ard
form Of proposal may Be obtained from the Pur-
chasing Officer. Room IN District Building
DONS. CHESTER HARDING. Commissioners.
ID. e mari0ll9
The Washington herald., 1914-03-11
Finance and Commerce

tions has forced up the bid rate for ninety days
and over the year money y Of per cent, and also
the asking rate for six months advances. The bulk
Of the lending Is by out-of-town banks whose Offer
ings are peteRting more raTid rise in quotations.
Rates are per cent for sixty days, 81 per cent
for ninety days. 81 to 81 per for four months
~ per cent for five months. 81 to III for si1
months. and tn ~ per cetit for urer the year.
The Washington herald., 1914-03-11
CHICAGO GRAIN MARKET.
STOCK EXCHANGE

>slc--R' s,hr cali. L o'coCk rOun
-.apItal Traction r.. SI.0D at C9.
Washington Railway & EICctric =. $500 at -.
81 .oO1 al g.
rotom.c cons. IS. a.ooo at l0i. $500 at Iccis.
81 coo at'Ioga.
Potomac Electric = S.cno at IO7.
Washington Railway & Electric com. I al EI=. .
uE
Washington Railway 4 Electric rid. at So. h.
at Si=. at So. = At 8. at s. at e.
Washington Gas. > at s4k.. l at So.
Continental Trust. 10 at Ilsi..
Arlington INSURANCE 20 at lsa..
The Washington herald., 1914-03-11

dows and doors at night because of
crime prevalence. At that time there
were no prisoners in jail in Fairfax or
Prince william County and only sew
en- In Alexandria County and no new
criminal indictments were returned.
Now Have q Vote.
''Under present conditions residents
CT the county are citizens. have
vote and some say in their own af-
fairs. This has attracted a citizen
ship that means more than any ad-
vantage resulting from a return TO the
District
.No one ever got anything I'm the
District without paying for IL. and
there is NO reason to believe the
citizens of the county would fare
any better II the change In gov
ernment were made. One of the
most energetic residents Of WASH
inEton, den0uncing the system of
lnnd condemnation I'm the District,
said he knew of cases where land
had been condem ned. costs assessed
and collected, and no improvements
made In Eve years. He said n the
Commissioners spent the next
twenty-five years without con-
demning another piece of ground
they could hardly put streets now
existing only on paperJn proper
condition.
.Assuming that the Federal gov
eminent will pay one-half of i'm
provements, all improvements are
upon such q scsIe and contracted
for at such . high cost that the re-
sultant assessment upon property
In what now In the county would
he more than II the county made
alI reasonable Improvements itself.
'.It took nm act of Congress to
prevent the estsblIshment Of q re-
formatory near Mount Vernon.
since the penal Institutions Of the
District already have been located
In Virginia, other penal institutions
might be located upon the Virginia
side of the river.
"The present separate seat law
for white and .colored persons
would not be operative II the
county were under District law.
Hearing Was Refused.
.Authoritie. of the District do
not show-proper consideration for
asked Ia be heard before water rates
were raised. the citizens were told
ID wss none Of their business.
Lights I'm Good Hope road, Ana
costa. were discontinued against
the citizens' protest, while lights
upon the Avenue Of the Presidents
were Increased
To give Washingtonians the chance &
see ourselves as others see us the as
Dciation decided to distribute copies o
ne resolution.
The Washington herald., 1914-03-11

bill against their Judgment. simply be-
cause the President desired the bill TO
pass. When questioned by Senator
Weeks as to whether the representatives
had been coerced in the matter. Mr.. Pitt
man declared that he did not charge any
such thing, out that the President had
undoubtedly been influential In getting
the bill through.
The Washington herald., 1914-03-11
Commercial Paper <ugge.tion<.

The Treasury Department yesterday re-
ccivcd from the Baltimore Clearing House
recommendation for the liberal treat
ment of commercial paper eligible for re-
discount under the new banking system.
The Baltimore banks are of the oponion
that a too literal construction of the
Federal reserve act in this respect would
exercise a restrictive influence upon bank
ing and business generally. and would
therefore defeat the object intended.
The Washington herald., 1914-03-11
NEW YORK MONEY.

New York. March Io.-CsT money opened at IL:
high. 2: loWr IA; renewals. IL, close, .: ruling
rates. IL
Tnere Is renewed hrmncss in the time money
Liarret. Eestiiction Of offerings b. local institu
The Washington herald., 1914-03-11

Arcadia. H., not only has a woman
mayor, but all the other Offices of im-
portance are filled by women.
The Washington herald., 1914-03-11

Furnished by n. L. Carpenter & Co.
New YORK, March 10.
The Washington herald., 1914-03-11
FOOLISH Laws
BURDEN PEOPLE
CONTINUED FROM PAGE ONE.

were warned to carefully lock win
dows and doors at night because of
crime prevalence. At that time there
were no prisoners in jail In Fairfax or
Prince william County and only sew
en- In Alexandria County and no new
criminal indictments were returned.
The Washington herald., 1914-03-11
BOSTON c0PPERs.

Furnished by W. B. Hibb. L &c.
The Washington herald., 1914-03-11
NEW YORK COFFEE.

tai sales s2s39.Ooo. agIinst s2.sS.oo0 YESTERDAY.
7 900 week ago. and Sl.7Ss0o a year ago.
The Washington herald., 1914-03-11

Steel tonnage increase was AZ, go tons.
New York Central directors meet today
Successful bidders for Third Avenue
bonds were George Ehret. Clark. Dodge &
Co, and J. & w. Seligman. Price SOi37
The Washington herald., 1914-03-11
COTTON STATISTICS.

Total sales sos ai shares. against J7 30 yesterday
SOC week ago. and 3i6,9 30 . year ago.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
Selling Goods in West Indies.

TO show the good name that Lau-
rens merchandise enjoys in foreign
parts, Switzcr Company, the dry goods
people, have in their safe a money or
der sent them several days ago from
the Isle of Pines, off the coast of Cuba
In payment for two pairs Of gloves
ordered to be shipped there. The or
der was sent here by Mrs. Arthur,
who 1t will be remembered was a
saleslady In Felton's book store here
few months ago. The money order
is printed in Spanish and the writing
Is in English. Mr.. Thos. SwitZer. who
had 1t when The Advertiser man saw
1t stated that he had some little diff
Guilty in reading the Spanish, but as
the amount Of the order was written
In English the other part did not con
Germ him great deal. Needless to
say, the goods were shipped and sam
pies sent Of other things.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
ASSISTANCE ASKED FOR HAIL SUFFERERS RS
Mayor Babb, of Laurens, Mayor Copeland of Clinton
and Geo. A. Browning, Jr. of GoIdviIIe to
Receive Subscriptions

Pursuant to a proclamation of the
governor of South Carolina, Mayor
Babb, Mayor Copeland OF Clinton, and
Geo. a. Browning, Jr., of Godvillc,
are now receiving subscriptions to aid
those who suffered injury from the
hail storm Of two weeks ago. The Co
lumbia, Newbcrry & Laurcns railroad
headed the list of subscribers immc
diately after the proclamation of the
governor was issued, sending 500 as
the railroads contribution. Gov.
BleaSc also subscribed $25 and w. A..
Clark, the Columbia banker. mailed
his check for $500. Mr.. p. S. Jeans.
or Clinton, was the first local citizen
to subscribe. he giving $1,000.
In speaking yesterday of the fund
Mayor Babb said that his idea was
that the funds should be distributed
among those who are actually in need
rather than to all those who have
been damaged. Some OF those who
we're hit by the Storm" he said "al-
'''N"koii lhSS lcCl loss kCCnly, are
not In need and are able to take care
OF themselves THE object of the
subscription" he went on, "is not to
reimburse losers indiscriminately, hut
to afford relief to those who are with.
out means to continue their farming
operations"
. In certain sections Of the county,
notably near Goldville, great havoc
was wrought and & number of farm
ers were left almost destitute. In 9TH
er portions of the stricken area, how
*'er, the crops are beginning to re-
cover and there will not be as much
loss as was originally estimated.
Some of the sufferers, however, are in
immediate need OF money both for
1ood and for seed with which to plant
another crop. 1t is, Of course, too
late for corn and cotton, but peas and
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
SENATORIAL CANDIDATES HERE TODAY
Geo. A. Browning, Jr, to Preside. No Disorder Anti
cipatcd Governor Speaks First

The senatorial party will be in Lau-
rens today. The campaign meeting
will be held as usual ct Holmes Spring,
near the railroad station. Repairs
have been made to the speaking plat
form and benches have been provided
for those who care to sit down. The
meeting will be called to order at II
o'clock by Hon. Geo. A. Browning, Jr.,
OF Goldville, who was designated by
County Chairman Irby who is now
with the state campaign party. Gov.
Blease will be the first speaker and
he will be followed by either Mr. Pol
lock or Mr.. Jennings. Senator Smith
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
GETS BIG CONTRACT.

McCrady Bros. & Cheves, Local Firm,
to do a Lot of Work for City of Tn.
ion.
McCrady Bros. & Cheves, the local
firm Of engineers and contractors,
have been awarded the contract for
extensive improvements in the town
Of Union. The work will consist of
laying off and beautifying large
public park. Besides this they will
superintend other improvements on
the main streets of the city. Mr.. Ed
ward McCrady left Monday to take
charge Of the work in Union. He will
probably spend most Of his time there
for the next two months. Mr.. w. s.
McCrady, another member of the firm
Is expected to take charge OF the Lau-
rens Office during the absence of Mr.
Edward McCrady.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
COURT ENDED SATURDAY.
All Of the Cases Disposed of. Very
Few of Importance.

The Court Of Common Pleas for
Laurens county with Judge Gary pre-
siding, adjourned last Saturday af-
ter weeks session. Besides the cas-
es cited in the last issue of The Ad-
vertiser, the following were disposed
OF in this term:
Augusta Lumber Company against
Mrs. w. w. Yeargin as chairman of
Warrior Creek building committee.
The defendant claimed that certain
pews ordered from the plaintiff were
not up to specifications. The trial re-
suited IN e victory for the defendant.
Mrs. Flora Boyd against Seaboard
Railway. Mrs. Boyd sued for damage
to land caused by a fill in the rail-
road and was given verdict of $500.
The verdict was reduced to $4,000
by Judge Gary.
Mrs. NJ. D. Milan sued the same
company on the same ground and
was given a verdict Of $4,000.
j. n. Owensby against c. G w. c..
Railway. Plaintiff sued for overcharge
and loss in freight and was given a
verdict Of $26i9.
Mr.. Clarence Cunningham against
Waterloo Cash Company. Mr.. Gun
ningham, as landlord, claimed prior
right Of landlord over supply mer-
chant on a lien. \ verdict Of $3O.5O
was rendered in favor Of the plaintiff.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
On B. VI. l. Faculty.

Mr.. o. L.. Long, Of Waterloo, a
graduate Of the Citadel, will be a
member of the faculty Of the Bailey
Military Institute mex. session. ue
will be assistant professor of science
and mathematics. Mr. Long com es
highly recommended by the Citadel
faculty. In this connection friends
OF tho B. NJ. I. VIII be interested to
know that Col. Bailey received eight
application and IL letters OF inquiry
yesterday Greenwood Journal.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22
Congressman Johnson to Sneak.

Congressman Joseph r. Johnson
viii make two addresses in the coun-
ty Friday IN the interest of his can
didacy for reelection. The first ad-
dress will be made at Waterloo Fri
day morning at 10 o'clock and the
other one will be made the same day
at Cross Hi. The exact hour OF the
Cross Hill meeting is not known, but
most probably it will be about /
o'clock
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22

and the leading role is taken by the
eminent actor, James O'Ncill. The
story is familiar to most theatre go,
ers, but heralds will be- distributed
tomorrow In which will be found a
synopsis OF the book. However, to en-
JOY the picture it is not at all essen
tial to be familiar with the story ana
the picture is complete within itself
packed house is expected when
tho picture is shown, so those who
may be able are urged oattend in the
afternoon when the theatre will be
airier and more comfortable.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1914-07-22

other forage crops would doubtless
do well if planted now and many ar
those who have lost their cotton would
replace 1t with forage crops If they
had the seed or money with which to
Duy them. a generous response to
this call would alleviate much suffer.
ing.
lhoSe desiring to contribute to the
fund may send their contributions to
the above named gentlemen and duo
credit will be given in the county Da.
pcrs The following have already subs
scribed
Amount Received.
T., \. d l.. Il. II. :. 10000
GOV. Cole L.. BleaSc :. $500
+. 5. Jeans, Clinton 1000
\. Clark, Columbia 800
Laurens Advertiser 500
a. G. Kaufman, Charleston 1000
Colin Nick. Grant, Charleston JD.OO
Disbnrsing Committee.
TO County Papers of Laurens County,
we, the undersigned, have been au-
thorlZed by n proclamation OF the gov.
ernor OF South Carolina, as a commits
tee to receive and disburse funds for
the hail storm sufferers of this coun-
ty
We will be glad to receive donations
from any who feel able to give and our
idea of it's distribution is that it be
given those actually in immediate need
of help.
All county papers will be supplied
with list of those contributing for
publication. Contributions can be sent
to any member Of committee
Geo. A. Browning, .Jr.,
Goldville. ;
Dr.. Jas r. Copeland. u
c. NJ. Babb,
Laurens