davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
THE STEEL MARKET.
Increased Demand Expected to Fol-
low Restored Confidence.

The beief Is unanimous among stee'
trade authorities that September will
prove TO be the poorest month of the year
nut producers are hopeful that improve
ment will begin to manifest itself before
very long. The steady progress being
made in clearing up the financial stua-
ton Will, IL is thought. impart more con-
hdence to business interests generally
which should ultimately be reflected In an
increased demand for steel
since the first OF the month there has
been material falling of In incoming
business. This can be gagged by the fact
that mill operations at the present time
are In the neighborhood OF so per cent
Of capacity against nearly 20 per cent
in July. The losses sustained through the
practical cessation of export shipments
have cut deeply into the revenues OF the
steel companies, and Il will necessarily
be slow work to recover this ground. even
assuming that new foreign business of
liberal proportions develops.
The Daily Iron Trade says: Fer
romanganese market is quiet despite re-
duced quotations. Inquiry for $4,000 to
10000 tons Of cast iron pipe, put out by
Salem, Mass. s the largest single re-
quirement appearing in several months in
the East. New York city rapid transit
construction work gradually is coming
out. about $4,000 tons for subway extern
sons now being in market"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
SMALL BUYING OF
1918 CENT COPPER
Reduction Brings Some New
Foreign Inquiries-No
Domestic Rush.
MOST METAL TO ENGLAND
Shipments From This Country
Still Chiefly to Ports
of Allies.

Electrolytic copper settled down to 12h
cents pound during the past week and
at this level domestic business IN smai
quantities was booked. There has also
been some new foreign inquiry at hand.
No two producers have similar ideas
as to price as evidenced by consumers
statements. There WIS some little bust
ness done at 2Ia cents a few weeks ago
from which point the market dropped
to 12t cents At this quotation a fairly
large business for export was booked
by some OF the producers.
Now the naming OF i:,s cents Is st!h
another concession
There has come TO hand during the
past few days an export inquiry for cop,
per. not all OF which has been booked.
particularly that desired for shipment to
Continental points. This demand has
come through most unusual channels. as
export houses which act as correspon-
dents here for European concerns not
identified in any manner with the copper
industry have been among the tnquirers.
Dry goods and chemical houses have
been among those seeking copper OF late
for export purposes
Records OF clearances show that the
metal goes chiefly 10 England and France.
The British ports OF entry. however. main
tain the lead that they assumed in this
respect at the outbreak OF the European
war.
Lake copper continues to move rather
encouragingly. One producer has sold
over 100000 pounds during the past few
weeks. his lowest price being 1914 cents
a pound. This metal he disposed OF with
out pressing tho market in any direc-
ton.
The entrance OF Dodge Bros. into the
automobile manufacturing Industry.
chiefly as competitors 20 the Ford Com
pany, adds another prospective consumer
OF copper TO the domestic list
Following a lapse OF full month dur
ing which no figures were issued. Henry
r. Merton & Co. who compile the fort
nightly European copper statistics, upon
which the world relies, have come TO the
rescue OF the industry with some detailed
figures. which. however. include an esti-
mate Of holdings of the red metal on
Continental Europe
The European visible supplies on Sep
TENDER totalled 34.so6 tons, already
noted in THE suS, as compared with a.
6i2 tons at the beginning Of August. No
attempt was made 10 estimate the Amer-
can stocks at refinery points on either OF
these dates.
Stocks at Rotterdam. Hamburg and
Bremen were left unchanged NJ the totals
apportioncd each city on July 81. In
comparison with four and six week.
previously the September statement
shows ttors)
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
THE GRAIN MARKETS.
sharp Advances AEain-sentiment
Generally BulIish.

Wheat quotations, at their highest yes
| terday. were 3 cents above the finals OF
the previous session. Realizing sales over
the week end produced a partial re-
| cession before the close OF the market.
firm tone was preserved. nevertheless,
! because Of the situation abroad and tho
grain supply and demand conditions.
A bulge OF about 5 cents in the Liver
pool market had material effect on this
side. Small offerings and the absence
OF burdensome speculative holdlngs leaves
| the foreign market very sensitive to buy
| ing orders. There was absorption OF
futures at Chicago for international
concerns and rumors of fair export
business circulated. These limitations
| were believed to have foundation.
Hedging sales were encountered at the
higher price basis. The selling by the
country lacks pereistency, however, and
slackens on tho declines Admittedly
| farmers are human enough TO utilize
bulges for tightening their holdings. The
actual wheat receipts show a falling OFF
after scoring a record total OF 10000. 900
bushels Far the week, against 10000, 900
bushels the preceding week and IL, 600. 600
bushels for the corresponding time last
year. 1t is not thoueSS that the expected
Increase In the wheaS visible supply
statement TO be posted on Monday will
have important market effect.
The damper placed on peace talk.
which has been a favorite topic OF con-
versation during the last few daye
took from the courage OF persons who
are not wholly In sympathy with higher
wheat prices. There was short cover
ing from this group yesterday
Latest advices from the domestic win
ter wheat belt suggest n continuation of
The highly favorable conditions and an
enormous area Crop Expert Snow ex-
pressed such findings after a thorough
investigation.
Coma strong undertons was in evil
dence throughout the day. There were
further rumors OF export business Total
sales to foreigners during the past ten
days are estimated at 700. 900 bushels.
Country offerings are small. and Argentine
offerings here. while cheap. are not hur-
riedly absorbed on account Of the poor
quality OF the South American crop
Weather conditions arc favorable for cut
ting in the western districts and verv,
little OF our corn IL now liable 70 frost
damage Short covering was heavy for
time yesterday.
Oats-Another substantial rise took
place In oats values. Tho strength OF
other grain stimulated demand. Export
sales OF about 3000 900 bushels were
, traced. Selling by farmers lack. volume
and there IL only light pressure from
speculative quarters
Provsions-The strength Of the grain
list and higher hog market resulted in
hrmness for products Packers gave
more support outside demand keeps
rather Indifferent.
Chicago prices.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
SPECIE IMPORTS AND EXPORTS.

The exoprts OF speoie from the Port Of
New York for the week ended September
10 were: Gold, sssG04 and silver, ST.
1889. a total Of sl.l99.303, against
total OF sll57.562 gold and
silver last week and $3.50 In the
corresponding week last year Since jan
uary l the exports OF gold amounted to
s127.52o.s+s and silver s31.6l9.44s, against
500. 770,964 gold and $685. .OG6 silver
in the corresponding period last year
The imports OF specie at tho Port of
New York for the week ended September
10 were: Gold. s25s,906, and siS5,S34
silver, making a total OF s444.74O. against
a total Of sb50,ll7 In the preceding week
and $s76.536 In the corresponding week
last year. Since January /. sl3,5,7,O39,
against s23,O9l,320 in the corresponding
period last year
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20

shipments from New York since Sep
TENDER l will probably add materially 20
English stocks: as Il partial Offset, how
ever, there have been taken large amounts
for ammunition purposes
That copper production may be further
curtailed seems good opinion among som.
producers. A 80 per cent. curtailment Of
the country's output went FAR toward
meeting the new condition brought about
by "A practical cessation Of exports of the
metal. Most of the copper sent abroad
since August represents purchases made
during the previous month. During the
past fortnight, however, there has been
some new export business booked. chiefly
for British account.
Domestic consumption has not fully
held its own, and as this in normal times
did not care for one-half the refinery out
put OF tho United States IL becomes plainly
evident that 80 per cent cut in produce
tlon Will not evenly balance between that
item and current consumption
The cost OF production OF companies
operating at part capacity has risen ma
terially and actual profits accruing At the
moment do not, except in few cases.
amour: 20 much more than a cent or two
a pound.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
MONEY IN NEW YORK.

Cali money ruled at s per cent.
The time money market was unchanged.
with rates from TO per cent for ali
maturtties.
Commercial paper was dull. around 7
per cent. for all maturities
Domestic exchange on New York: Chi
cago, l5c premium; st. Louis. zoe, pre-
MUM; San Francisco, 4Oc premium.
Money In london. ~ az per cent.
Sterling exchange opened easy and
closed trmer, Rates were; Demand,
495as cables. 4.oGh
Bar silver in London. "a ls-lsd. IN
New York, 5lAc
New York Clearing House statement :
Exchanges, $l6S.1sl,795 balances. s7.s6S,-
SIC; Suh-Treasury credit balance, $751;
$50
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
COTTONSEED OIL.
values React Following Higher
Early Pricen

Reports OF Arm crude oil market and
the better tone In lard induced commits
sion house buying for time during yes
terday's session. OF prices did not hold
however. Some authorities predicted freer
Southern offerings next week. Bids for
spot oil were reduced, although copsum-
ing inquiry In fair. Tenders yesterday
were 700 barrels. Exports since Septem-
Der total $4,000 barrels, against 5000
year ago.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20


Notice is hereby given that the under
signed will sell to the highest bidder Of cash
therefor sewer bonds Of the Town OF Chtek
towaga Erie County, New York OF the AS
grcgate par value Of sls0Oo.o0. at ten o'clock
In the forenoon on the 81 day Of October.
1914 at the oftlce OF the Town Clerk In said
town and that he VIII receive bids for said
bonds, or any portion thereof, up to and At
the time OF such sale,
These bonds consist NJ eighteen bonds OF
the denomination Of 81. 900 90 each. The
principal OF one OF these bonds Will mature
each year on the LIST day Of April from 1925
to l9%9 Interest will he paid semi-annually
on April LIST and October lst at the rate OF
1--WE per centum, per annun,. or such lesser
rate OF Interest as the purchaser shall specify
In his bid.
Each proposal must be accompanied by a
certified check, payable to the order OF the
Supervisor Of the Town Of cheektoVaga, for
two per centum OF the amount bid.
The right Is reserved to reject any or all
bids and TO waive any informalty,
FRANK Wildly.
Supervisor Of the Town at Chcektowaga
r o Address--Forks y. \,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
DIVIDENDS AND INTEREST.


regular quarterly dividend OF one and
one half per cent, "a ~ upon tn. Common
Capital stock NJ JULIUS KAYSER A. co
has been declared, payable october lst 1914
TO the holders OF record Of such stock at
the close OF business on September elst. 1914
Dividend checks will he forwarded by
Guaranty Trust Company Of New York
EDWIN s. BAYER, Secretary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
DAILY FINANCIAL CALENDAR.

EN- DIVIDEND.

company and Term Stock Amt
American Gas and Electric. quar-
tcrly.,.. .......,. .......,....,. com 2cS
American locomotiNe, quarterly. pfd y 20
he Long Hook and Eve. quarterly - &c, ~
Flee storage Battery quarterly com o.
Flee Storage Battery, quarterly pfd IL
Minneapolis St Paul and Saut
SO. Marie, seml-annudl ........ com Az ~
MINNEAPOLIS st Paul and saut
$50 Md,ir, scmi IunUal....... ND sh~
Manhattan Snirt' quarterly pfd y Cd
New York Central quarterly .... - = -
West End street Railway, scmi-
annual ,,,,,.,,,,.,.,,,;.,.,,,.,,:: com ms
Argonaut Consolidated Mining. - zoe
Delaware a. Hudson, quarterly. ~ q
Ohio oil quarterly ............ nj ii
United Fuel supply. quarterly. = AZ
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
THE BANK STATEMENT.

The New York Clearing House Associa-
ton reports the average condition OF the
banks together with the changes from
the previous week as follows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20

WASHINGTON. sep, l9-The statement Of
the recsirts and pay warrants Of the Treasury
shows;
Yesterday This month Fiscal year
Receipts fA- ~ so.HlI.i si9+t ~
----
Deficit. $50. ~. H.tg.7e5 t.lsCe 76S
The receipts from customs yesterday were
'bH, it2. from internal revenue. ordinary. s..
90. ~: corporation tax 81 ~. and nisuel.
lancous s.Sl ii5. National bank notes received
for redemption. 81 l33 40
The cash statement OF the United States
Treasurer for September is shows
GENERAL FUND
Gold com ................. t-fslasiI
hoid ctrtlhraies ACKNOWLEDGEMENTS. ~ 80
silver dollars Recommendations. sqi js6
silver c"rtIitaates ................... II gs- 80
United States notes .................. g04> i6l
Certified checks on banks .........., al ua,
National bank notes .................. - EA3 i5i
subsidiary silver. minor coin and
silver bullion. observation-disclosures. y4sist4
Cash IN Treasury .................... isS $50 0oa
IN hatiohaI banks ..,............. 49, 0lO
Available cash IN Treasury and
banks ........ ...................... :7s az Oie
Deduct current liabilities ............ li5 a. ~
Free balance in Treasury and bank. ~ a6! ~.
O'her Treasury assets. net ........... i. 100 49,
Net balance IN general fund ........ rs 30 ca
RESERVE FUND
Gold coin and bullion ..... ...... Sito 600 900
TRUST FUND
To redeem outstanding cert ncates 81 as 4SS $50
IN a n nah no.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20

WILL SELL hall interest In exten.,y.
business for 10000 to capable, energetic
young man who will take a working mari,
nership, CONFIDENTIAL box ss Sun
once.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
BUSINESS OPPORTUNITIES.
5000, 100000
CASH TO INVEST

In any good securities Including mort
gage notes or arrangements can be made
for loans. give full particulars and refer
onccs. Address y, y. T.. box ITO Sun once.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20

PHILADELPHIA. September IL. 1914.
RE SO RCES
Loans and Discounts a2S, ,lOO.k2
Due from Hanks ...... Assn, O43. 81
Cash and Reserve. 5.B4O, Sl2.S2
Exchanges for Clearing
House. ................. OIJ,OS4.1O
Clearing House Loan
Cert cat es on Hand O4b ,OOO.OO
SAD. SAT. Sal .O3
LA BILITIE
CapitaI Observation-Disclosures. 81 900, GOA. 90
Surplus and Net Pro nj $500. 2O6.O5
Circul nj Ion ........... OlD, 400. 90
Deposits .,,............. n ,3I3,034.OO
Clearing House Loan
Ccrti icates Outstand-
lnk '..'.''''''''.''' h'Ouo'VVo'VV
$50. S42. Sal Oh
{. ?. PASSM0RE, Vics.Prssidsnt and Cashier.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20

TRUST FUND
To redeem outstanding cert ncates 81 as 4SS $50
Grand total cash assets IN Treasury l. 600 040 4is
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-20
DAILY TREASURY STATEMENT

WASHINGTON. Sept i9-The statement Of
the recsirts and pay warrants Of the Treasury
shows.
Evening journal., 1914-09-05
WILb
FIGHT OVER THE
WAR TAX LEVY
By The United Press.

BY The United Press.
WASHINGTON. Sept. 5.-President
Wilson's request for a war tax spell
ed trouble today in Congress even on
the Democratic side. Murmurings Of
difficulty voiced in the Way and Means
Committee late yesterday grew loud
er today when that body reconvened.
The proposal to place a five per
cent tax on transportation tickets
was one Of the chief points of attack.
Then too, the proposal to tax gasoline
stirred up some enmlty from the rural
delegations, inasmuch as it would
place burden on the farmer who
uses this liquid for farm power Ser
ious opposition on this point. how
ever, was not expected rs The real
costs would come from those best able
to pay. In some quarters there was
q suggestion to increase the income
tax.
That the war tax bill will not be
reported out until the end of next week
appeared certain and a Democratic
caucus may be necessary. Many Re
publicans were preparing today "a
make campaign material out of the
tax.
Evening journal., 1914-09-05
Kaiser Moves Additional Troops Toward AMI
werp and Fighting Is Reported at Several
POinfs---BerIin Reports Victories in France.
Japanese Diet is Asked TO Vote War
Budgef--SirEdward Grey Again BIames
"Prussian MiIifaism" for the War
BY the United Press.


PETROGRD Sept 5The Russian today began serious
hOn against the The operating
the northern and southern sections of
the pushed
the War Oce army corps
tOang nearly Immediately pushed
the march L Berlin
The general stan declares that the Austrian past
announced officially that the Auan their
offensive everywhere in Poland Gacia
beyond the river condition
that Russian Poland s O he enemy
To-day, the following official statement
"Ihe Austrian completely crushed
general offensive the
Duke Nicholas. Immediately following
Austrian exception
which Operating Servans
rian active the Minister
Aufnberg directed
In battle that lasted for ten days the entire Austrian offensive
peey destroyed Their armies defeated with
Carpahan
emberg positions Galca
by the Russian imperial Thousands prisoners
supplies munitions
the Russian armies The backbone Of the Austrian resance in the north
the meanwhile
was totally by the Seryians az Sabatz
~Today, the the offensive against the
Germans with comprising Che armies That
directly remaining the active win
this time coninne the offensive operations against the
Austransr
Evening journal., 1914-09-05
NOW SENDS ARMY AGAINST GERMANS.
FRENCH READY FOR GENERAL FIGHT.
THE BRITISH EXPECT DECISIVE BATTLE.
today 5 MOVES
. IN THE WAR ZONE:
WHAT THEY MEAN
By ]. W. T. MASON.
Former European Manager Of the United
Press.

Press.
NEW YORK, Sept. 5-(ll a. m.l-The
German enveloping movement has form
ed its line about the allies, if the latest
official statement OF the French govern
ment is not Intentionally misleading.
How powerful the line may be, there
is nothing to indicate. 1t may be mark
ed only by a reconnaissance expedition,
but the geographical Interpretation OF
the French statement is that the Ger
mans have drawn a circle around the al
lied positions to the northeast of Paris.
The French say the German turning
movement has reached La Ferte Sous
Jouarre, which is thirty-iive miles east
of the Chantilly-Paris road where tho
Germans were last reported. The Off
cial French report then makes the very
curious confession that the same move
ment has "passed Rheims and descended
on the west bank of the river in Ar
gonne."
The powerful entrenched camp at
Rheims has marked the eastern pivot OF
the French during the recent fighting, as
La Fere was the western base. If the
Germans have passed Rheims from the
direction of La e-Sous-Jouarre that
means they have moved across country
from the west between Paris and the
la Fere-Laon Rheims line of fortitica.
tions.
The rest Of the French official report
continues this Interpretation. Argonn'
ie a wooded plateau reaching from Toul
to Mezieres. II marks the line of the
German left wing in the operations o
! a l. NtrI. Ia
zieres about half way TO Toul.
The Argonne plateau is between
the Aisne and Meuse rivers, and on'
OF these rivers the German force ha'
descended.
To descend. in this case, means t.
move northward. That is, it mean
the German right wing moving be
hind La Fere-Laon- Rheims is effect
ing a juncture with the German left
thus completing the enveloping move
ment which It has been the supreme
aim of German strategy to accom-
b plish.
/, The French report declares "Th'
! manoeuvre has not succeeded" Thil
must mean either that the German
circle. or it may be only a crescent
is at present too large and therefor
too thin for effective strategy o.
that It contains sufficient gaps to en-
sure the safe retreat OF the allies. II
lessen the circumference Of their en-
veloping line must now be the i'm
mediate German objective, while tn
p allies will have TO prevent tina
, catastrophe to themselves. The da,
of a decisive engagement seems Il
be drawing nearer.
Russia's announcement OF tn
resumption of her march on Berlil
I with twenty army corps cannot b
! counted upon by the allies in Franc
to decrease the strength of the i'm
mediate German offensive.
The Austrian defeat in Galicia ha
= not the same value as g Russian vic
Z tory over Germans would have. Rus
sian troops still must prove thei
prowess in Prussia. The disaste
they encountered in the Allensteii
swamps presages far more difficultie
for them in the north than they hav
overcome in the south.
Evening journal., 1914-09-05
ON RIVER RIDE.

Brandywine Summit Campers re-
Gently enjoyed a moonlight excursion
on the Delaware river and the affair
was one of the most pleasing social
features of the camp.
Plans for forming a club we're dis
cussed and all intimated they will at
tend the echo" meeting TO be held
at McCabe M. e. Church on Septem-
Der II.
Among those in the party were:
G. Ashton Shellady, Amanda E. Viii
son, Esther Beauchamp, Albert f
Stoll, Ella f. Frederick. Charles v
Cleaver. Lydia F. Beauchamp. ]. AL
lison Buck, Sara +. Smith, William
Frederick. Marian A. Buck, Norman
r. Smith.
James T. Chandler, Jr., who recently
recovered from typhoid was also pres
ent. Miss Emily Bullock was chap
erone.
Evening journal., 1914-09-05
Germans Rush Fresh Troops
Against the Allies in Prussia

the Emperor has named DR.. Karl Helf-
ferich, Of the Deutsehe Bank and DIR.
Paul Won Schwabach, who are reserve
officers, to proceed to Belgium to attend
to the leyyiRg of the war tax that will
be collected from the various Belgium
provinces and cities.
There is every confidence here in the
capital that Paris is about to be taken.
Messages from the front indicate that
the German army is already in striking
distance of the French capital and the
ordnance experts here declare that the
Paris forts will be no more difficult TO
crack than were those at Namur.
Despite the enormous casualty lists
the country is not unduly depressed.
There is of course, genuine sorrow be-
cause thousands of families are bereav-
ed. There is not single family in all
Germany that is not represented in the
lighting lines on the east or the west.
But the spirit of all is to accept the
losses as necessary for the national well
fare. There is no scarcity of food.
Evening journal., 1914-09-05
Bv The Ifnited presa

BY The United Press.
BERLIN VIA THE HAGUE, Sept. 5.
The War Office today added nothing
to its announcement that the Ger
man operations against France con-
tinued with uninterrupted success.
So far as the situation in the East is
concerned, it is known that strong
reinforcements are still being hurried
to Prussia. Additional troops are
also being sent to reinforce the Aus
trians who are admittedly hard press
ed. 1t is explained, however, that
the evacuation of Lemberg was in
no sense an Austrian rout. The
Austrian forces, outnumbered, were
unable to make a determined stand al
Lemberg, which is an unfortified city
So the order was given to withdraw
to the main line of the first defense
az the River San.
German artillery has now rein
forced the Austrians and il will be
impossible for the Russians to cross
the river.
According to the Berlinger Tagerblatt