davidaulloa/AmericanStories huggingface dataset:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

have the whole day Of state to them
selves. and as Monday VIII be holt
day. there viii be several hundred
rooters down from the capital city
to root for their boys,
There VIII hail from Washington
Jimmie Fields, H krauss. Thomas and
several more crack shots who will no
doubt carry back honors.
Thursday, February 26th. will be
Baltimore day and there VIII be three
crack teams bowling on the same day.
The Metropolitans. Of Baltimore, VIII
roll on the second day of the tourna-
ment. which is February 18th.
Petersburg day Will be February
eth The Petersburg bowlers Will
hold Saturday. February 27th. and IL
will be known as Petersburg day. The
tournament will he officially opened
bv the officials Of the Richmond Bowl
ing association And the following
teams will he given the honors of be
Ing the first to go on the drives. there
by opening one Of the greatest bowl
ing events ever held ~ She Southern
States: Nolde's Tip-Tops No, and
the Remington typeweters Nc II,
Newports No. and Mann and Brown
Florist will open up the intercity tour
ney for the bowlers to make the
scores.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
NOTE AND COMMENT ON
FINANCIAL. SITUATION

Within the memory Of even tho pro-
verbal oldest irhahitant' Of the City"
so comments the London Financial
Times at the close OF January no
movement similar in character and ex-
tent to that which has taken place
during the present month can be re-
called" It continues:
There are good reasons, too, for
thinking that the factors underlying
the movement are too strong TO be
easily checked The chief of these. of
course, is the abuormally abundant
supplies of money. and the prospect
of still cheaper rates. Another and
perhaps an even more patent cause,
at all events AS regards the suddenness
of the movement, may he found in the
prolonged depression which proceed
ed II.
Ever since the beginning of 1906 a
steady and progressive fall in gilt
edged securities has been In progress
and during 1871 and 1912 at least, the
capitalist who allowed his money 10 lie
idle at the bank Was, on the whole
better off than he who invested II II
high grade securities. There is nc
doubt that, tired Of the successive falls
in capital values, large sums were
realized and banked. or employed in
trade. and stiIl larger sums were with
held from investment awaiting the turn
Of the tide. The current may be said
TO have been on the turn at the
commencement of the year
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
CURRENCY REFORM
.~..~r
AfF0RD|NG RELIEF
yTS NEED IN AMERICA HAS LONG
nEEN HELD INDIsPEN-
sInIE.
SUNS WEEKLY RENEW
IMPOSSIBLE TO PRONOUNCE As
MESTs 1T is CAUSE OF
MONEYS NEAkENING,

NEW YORK. Feb 16-The Suns
weekly review Of the financial sltua-
zion tomorrow VIII say;
III is Impossible 10 pronounce as al.
together absurd the statements which
are being made, both in this country
and in Europe. that our new currency
legislation enacted last year Is al
east partly responsible for the world
wide weakening of the money mar
Scf
Sound reform Of the American bank
swS ard currency system has long been
regarded by tho financial world as
ssosnet hirg Indispensable TO the econ
ple7ie welfare o. civilization. The
federal reserve act Is a measure OF
refoTr.c hat how sound Il IS remains TO
se proved.
r worss well, or Ia made 70
work well, Il VIII relieve Europe Of
recurreat strain on American account.
!, H4ll enable the United States 10
take place with European nations IN
financing the growth Of newer and
less frsourCeful countries Just now.
though Il would appe2-- that the re
iief which il has Afforded 20 Europe
Is furnished Ivy its prospect af re
leasing . large dBautity OF gold Tor ex-
port TO the OLD World.
So far AS regards the immediate
meaning OF the set'urity markets the
strength az prices and the rush oi
rev security offerings Il IS to he oh
served that especially abroad the mar
let's appetite does not seem 10 he
tampted by securities al prices which
imply both safety of principal and Of
yield.
The European security mark cts
u t-ss f-rFrnG =
sive reactionary symptoms, and the
Wall Street share list has been hold
ing around relatively The same price
heveI for more than three weeks The
same is true Of the domestic bond
market and both in bonds and stocks
quoted values have seemed TO show a
little heaviness although no trend
could he imputed TO them.
Their most unbeatable feature has
been contraction ia the scale of deal
ings.
The Southern Pacific offering Of
$5so00. 900 five per cent bonds nj par
directed attention to the coStllness Of
capital il, a credit market which Is
supposed TO he cheap, and the general
railroad problem was further en-
phasized by various matters, inciud-
ing the task Of reorganiziug Rock
island affairs, the re-opening of gov
eminent inquiry into New Haven his
tory, the federal suit TO divorce the
Central Pacific from the Southern Pa
cific, and more nmistakable evidence
furnished by the interstate commerce
commission that action on the East
ern railroad rate case would be post
poned indefinitely.
SO far az regards politics as
whole, there We're gratifying lnd1t-
lions in the presidents athlude OF
the Panama tolls question thai Thu
administration was awake to the i'm
portance of our foreign relations, ant
the domestic political program wa
modified by signs of Il disposition L
move slowly in enacting new laws fo
the regulation Of business. Satisfac
tory trade information was vouchsafet
in several quarters.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

10 BY another method. They vary from
one set Of the convictions to another
certainly. but not after the order OF
tumble-bugs. They change slowly and
only when thoroughly assured In their
own minds that n change is warranted.
This is not to say that they trade only
according TO convictions Far from 1t.
When the - market moves rapidly
against their convictions they turn and
run, closing out their lines of stocks
before losses swallow too big slice
of their capital. When they discern an
eddy or a cross-current which, though
having nothing to do with convictions.
they believe may yield a profit, they
jump In and snatch at that profit. Isut
in the long run their judgment pre-,
walls
Often they are wrong. One died re-
Gently reputed to have lost $500, 0GG
since 1911. He had not endeayored
to beat fluctuations. He was infat-
nated with the bullish possibilities of
a certain stock, and that stock had
gone far down. Another professional
confesses that he changed his position
in the market eight times last year,
putting out large lines of stock reg
ularly and losing every time. His rec
ora as a successful Spectator, how
ever, is based on this policy: that when
he found himself on the wrong side
OF the market ne TOOK MS loss and
pulled out, not endeavoring to fight the
market. but that when he found him
self on the right side he held on, let
ting profits run. That he is rich
man after long Stock Exchange ca
reer testlfies to the efficacy of his sys-
TEN.
No big professional is infallble
often he takes losses that would be
heart breaking to some people. But
because he has been mony maker at
some time in his career. he has large
following. He is respected above his
fellows; incidents of his career are
printed for the edihcation of those who
are striving to succeed. He is solicited
for his views on economics and theo-
sophy. He entertains an international
banker on his shooting preserves. He
comes upon the floor of the Stock En-
change and members draw to him like
flies to honey. His coming and going
is duly recorded, and his brokers are
watched closely. He himself does not
always essay TO trade. so when his
brokers buy stocks 1t Is reported at
once that he is bullish on the market.
At times ii has been his custom to buy
certain amount through his own
brokers and sell twice as much through
others. Thus he has fooled those who
tried TO analyze his methods or profit
by his superior Judgment.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

The intereity bowling tournamen MT
will open up its doors Wednesday
night, February 18th. at $50. with
five teams rolling IN full blast, start
ing off the largest tournament ever
held in the South.
There will be many visitors to com
pete in this big affair The bowlers
that are competing are around the al
leys most every night getting in fine
form for the intercity tournament,
which will be pulled off on the Palace
alleys February 18th, and lasting I'M
til March 4th. which will be two weeks
of crack shots rolling for high scores
and averages.
Washington day will be February
21st.- The Washington bowlers will
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
PENN. FACULTY HEAD
FAVORS SUMNER BALL

PHILADELPHIA Feb Ia De
claring that academic standing should
be the only standard Of eligibility
Il ir7-ss
baSebal teams. DIR. Arthur w. Good
speed, Chairman OF the faculty com
mittee on athletics of the University
of Fcnnsyiva mia. agrees with the CAP
tains OF the Yale, Harvard. Princeton
and Dartmouth mines who have ad-
vocated that the college men be per-
united u play summer bali
Dir. Guodspeed believes that Il is
only a question Of time when the GO!
leEes viii adopt universal code that
will allow all undergraduates whose
academic standing In up To the s,na-
- '" try for places on the team.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

BOSTON. Feb. 15.--Forty derelict
schooners are floating off the Allan
tic coast between Norfolk and Maine,
menacing navigation, as result of
the northwesterly gale which ravaged
the coast recently. This IS the largest
namber of derelicts afiaat at one
time IN the past thirty years The
crews of all were terribly f.ostbitten
and In many cases on,y rescued with
extreme difficulty. 1t is estimated that
70, 600 tons OF coal have been lost in
schooners wrecked during the gate.
The revenue cutters are unable to
Keep up with the WORK OF rescue and
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

YARMOUTH. x. u. rei i5.- rhe
wreck OF the steamship Cobequ.d Ct
the Royal Mail line IL almost COM
pleteiy submerged off the Brlar rocks.
and II Is believed that she will break
UP In the next heavy sterm that
sweepa tho Bay OF Fundy unless the
Canadian government b.ows her up
with dynam.ts, There Is no nope OF
raising the craft, The reseae Of the
passengers End Grew o. the steamer,
not a life being lost. is enc of the
stirring stories OF these dangerous wa
tiers along the roek-ribbed Nova SEQ
tia shereA
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
GENERALS INVADE
NEW YORK CITY

NEW YORK Feb ID Washington
and Lees basketers champions Of the
South Atlantic division, who have not
been beaten this season, Will make
three appearances in the Metropolitan
district this week. playing Pratt insti-
tu1e N Brooklyn ON Thursday night.
ST. Johns college ia Brooklyn on FRI
dsy nigh: and c. G. Of ~ Y, in New
York an Saturday night.
Three Brooklyn boys Buck"
Miles. Zaiss and Fr0st--arc members
Of the Blue and White qa.nt Miles
and Frost are graduates Of Erasmus
ard Zaiss of Poly prep.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

destruction OF dcrel.cts. Tho cutter
Acushnet sighted eighteen schooners
icebound Off the coast Of Massachu-
sets with distress signals flying. She
succeeded In towing three of them :
the Silver Spray Daniel Mcleod and
Senlig ht--into safe anchorage and
then returned to aid tho others, The
crew of the Fuller Palmer was res
cued IN frostbitten condition by .he
British steamer ..arlna from an open
boat The Palmer Is still afioat. dis
masted, The ting Nemasket rescued
the crew of the schooner Greta, which
foundered of Nantucket,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

ar eggs sell by the ton the same
~ coal. it depends upon the size OF
the coal as to whether you can make
more on the eggs. Eggs are now sell
ing at thirty cents a dozen. we will
say, a dozen Jumps of coal would
sell for the same thing il the price
or ton is the same. But nut coal
would have more Jumps in IL ton than
would red ash or splint; therefore, you
would have TO measure the value of
the eggs at the number of Jumps OF
coal In a ton, and the size, also, of the
eggs. III you have ton of ostrich
eggs, you would not make as much.
for you would have TO sell them at
thirty cents a dozen, but if the eggs
are bantams, you might make a little
more for there would be more eggs to
the ton. Try it once, and let us
know the result)
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
\ Cheerful Spot.

m would be difficult" its STOCK OK
change correspondent reports to the
London Economist, ito convey adj
equately AN idea of the change which
has come over markets in nearly every
part Of the house. People who a month
ago were doing less than half a dozen
bargains a day. now find that their
books contain four. Eve, up to ten
times as many. The stock exchange
has not seen such d week for several
years past,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
News Column.

1t was learned by the star reporter
of the Blade yesterday that party OF
capitalists were organizing a company
for the purpose of installing a great
cider emporium in Richmond Cider
under the enabling act may be sold
without Il license. This company will
have many grade of the beverage, and
viii deal out the drinks according tic
the grade. Albemarle pippin cider
Will sell at fifteen cents; sheepnose
cider at twenty; June appe at five:
crab apple at ten, and others at var
ious prices. according to the quality
of the apple. The company, it is
said, will secure a charter at an early
date SO that by November, 1916, the
business may be In fun blast
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

at the beginning of the month OF
December" London critic notes, tho
money mark cts In Japan had become
much easier owing to the improve
ment In public finances and the re-
dcmptiou OF government bonds, But
though money was in good supply. in
terest on fixed deposits at the banks
was still maintained ut about Z u per
cent still. the spirit of enterprise
was returning. and an allaround re-
Vival of trade was anticipated. Thus
when the depression is beginning here
il pould~ssein to be lifting in the Far
East but no doubt much Will depend
on the course of affairs in China
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
SUMMARY OF THE
WEEK

Following In summary OF the
weeks movement on the stock
market. and of events having an
influence ON the market;
Monday; Prices advance in early
trading. but decline later-S2. OOO.-
900 more gold sent to Paris-Brit-
ixh Court of Appeals decides
against white Star Line in Titanic
claims.
Tuesday, Recovery In prices after
early irreguiarity-Favora re-
port In steel trusts new orders in
January.
Wednesday, Prices generally little
changed, with quiet trading
Adams Express Co. cuts divf-
dend from II 10 g per ccnt-Soulh-
ern Pacific *55,OOO, 900 per cent
bond issue heavily oversubscribed.
Thursday: Holiday.
friday Market firm, hut prices
move frreEuIarly.
Saturday, Trading quiet, but prices
hold firm.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

I'm our Judgment" the London
Statist declares, tthe advance in prices
Of securities witnessed In the past
month is not only fully warranted
bat will be followed by further adj
vance az time goes on, And we be-
lieve there will be very little danger
Of he prices OF securities again fall
ing to last years level for many years
to come.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
StravS in the Wind.

During The latttr part OF january, the
price of New York stock exchange
mem berships rose from S45,o 600 to
$4,000. AT London, around the close
of January stock exchange shares
dealt in at about l70 pound Some
ten days before they had been quoted
al 1919 pound, and were then dull
market
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

''NIthOuph, WrltCs NE BANKtFs
Magazine Of London. there is usually
a great swing Of the pendulum in the
matter Of money rates after the turn
OF the year, there have probably been
few occasions in modern times when
the change in actual monetary condi-
lions, and In what may be termed
money market sentiment, has been
greater than that which occurred dur
ing the month of January"
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

DaVy Jones drug business in
February is always too good for him
to think of playing baseball in June,
and he recently sent his contract back
to Toledo with the announcement
that he could not think of summer
vacation at the figures offered by the
Mud Hen management
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

France" the London Standards Paris
correspondent wrote on January gath.
took an exceptionally long time to-
day TO make up it's mind to follow
L4ondon's example and reduce the
bank rate. Eventually 1t did so, but
declined TO lower the rate Of interest
on loans against shares. 1.-THE bank $
position will consequently prove of
tar more use 20 commerce than 70 the
B0ufse"
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
onc of the Influences.

During January, the new securities
actually issued In London. footing up
Sl4S.bG0 zoe, exceeded the same month
Of 1913 by S32. zoe. 600. and were the
largest OF any January since 1909.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
w eek ehoinE rep. ~,
Sales. High. Low. Clos. eng

Financial Times observes. before the
bank rate comes down to 2 i-2 per
cent and period of cheap money.
lasting perhaps into the summer, sets
in
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
Stock Market of the Past Week

following prices
1913
MISCELLANEOUS ~.
lEh Low High. LOW
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16

As TO Continued Easy Money.
ii may not he long, the London
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-02-16
THE BLADE

Continued from Fifth page. }
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-07
ON TRIAL FOR MURDER
OF FIFTY YEARS AGO
John Jasper To Be Arraigned To-
day in London Before "Mr.
Justice" ChestertOn.

London, Jan. 6.-John Jasper. who
has long been wanted on a charge OF
numbering his nephew. Edwin brood,
has been duly arrested and will appear
tomorrow before Mr.. Justice" Ches-
terton and a special jury at an un-
orthodox court constructed i'm Kings
Hall, Covent Garden. Admission is
strictly limited 10 members of the
Dickens Fellowship.
Arrangements for the trial are now
complete, and witnesses are rehearsing
evidence and theories which may throw
some light on Dickens's unfinished
story. THE Mystery OF Edwin brood. "
The stage in Kings Hall will be set
as a court scene. and all the witnesses
will appear in costumes OF the period
1SG0D. Counsel. witnesses and jury
are all well known men of letters, and
SO wide is the public interest in the
trial that il has been decided TO issue a
full report Of the speeches and evidence
for publication.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-07
COLLEGE GUSTS HUNDREDS
Baptists Uphold Shaw Presi-
dent-Race Clash Feared.

Raleigh y. c.. Jan. 6.-Oficial notice
being given to-day that the American
Baptist Home Mission Society had up
held President Charles Mescrves ad-
ministration Of Shaw University. the
male students who cut class Friday
were automatically expelled.
President Meserve had issued an
ultimatum ordering them to WELD by
3 o'clock this afternoon. The students.
incensed because he dismissed one Of
their number for marrying during
school term. demanded his resignation
and ignored all members of the faculty.
They held indignation meetings. which
were opened with prayer The white
physicians of Raleigh and members Of
the medical faculty supported Dr.
Meserve.
The number Of students expelled is
between 200 and 800. officers are
guarding the campus to avoid any
racial clash.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-07
MANY SAVED FROM FIRE
Early Morning Blaze Threatens
Lodgers-Police Prompt.

Numerous rescues were made at
fro which burned out the cellar and the
roor of William Turner's undertaking
establishment. at No. 25i West 3oth
street AT | o'clock this morning.
A policeman threw his night stick
through window and awakened I. =.
Davis. his wife. Mary, and their three
months old baby. and their shouts
reused their two dodgers, Miss Mary
Voldosaro and John Fela. Policeman
Eustenskv arrived at the fire escape
inst AS Davis appeared at the window
with his family and Miss Noldosaro.
The policeman dropped the ladder Of
the escape to the street and assisted
tho women down. They were in their
night robes.
Policeman Mare>k broke down the
front door and ran 10 the top floor
where The parents Of Mrs. Davis, Rocco
and Margaret Rutigluina and their six
son. Rocco. jr., and
Young baby lived. Mareck assisted
Mrs Rutigluina and her baby down
the stairs and left the man and boy To
follow
The fire burned up several collins
stored in the cellar and the greater
mart of the store There were no
bodies in the establishment. The dam
age was estimated at Sl.pp
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-07
OFFERS RADIUM USE FREE
DR.. Iskowitz Receives Two
Tubes from Nine. Curie.

DIR. Henri lskowitz. an car and throat
specialist. Of No. ~ West JSth street
received from Or. j. Z. Mccoy yester-
day two tubes Of radium. containing
two miligrammcs. which is said to be
the only radium now in this country
from the Paris laboratory Of Nine.
Curie. DR. Iskowitz announced las
night that he would lend this valuable
curative agency to any physician for
free use on any patient in need Of
radium treatment but who cannot af-
ford its expense.
The radium in the possession of DR..
Jskowitz is Of the highest known per-
centage and power turned out by the
Curie laboratory. being .SD,Do per
cent The value Of the two small tubes
is about 5000. DR.. William II. DEF
fenbach. Of the Hahnemann Hospital,
lost a wafer Of radium week ago. II
was valued at 5000. It had been used
in the hospital on patients afflicted
with cancer.