davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
CURB STOCKS CLOSING.
COPPER GOES UP TO IL CENTS.
Domestic Consumers and Exporters
In Market for Metal.

Twelve cents was paid for e,ectrolytic
copper yesterday afternoon. as forecast in
THE SuN on SUNDAY. There were two
advances during the dav. tho morning
Witnessing sales AZ ia cents ard a move
upward TO ll7s cents. from which level
the quotation was again moved lato In
the afternoon.
Not alone have domestic consumers
come into the market after half cent
recovery In price, hut export buying con-
tinues through January.
The export situation did not clear to
any extent Yesterday, In fact II became
known during the day that two more
steamers had been detained at Gibraltar
and their copper removed from the cargo
which was cons. gned TO Italian ports. The
50 Palermo had 500 tons OF copper aboard
and the IS Marina 800 tons. II metal
on the way TO Gibraltar IS intercepted by
British war vessels the total amount held
up will he IN excess OF 10000 tons.
Settlement has already been made for
the Dutch copper on tho basis OF f55 a
ton, the payment being effected through
Henry r Merton & Co. who We're APP
pointed agents for the British Govern
meut
Last weeks sales were placed at be-
tween 80 100000 and 100000 pounds
at prices ranging from Tx 10 1lS. cent?.
a pound The report IN THE SUN on sun
day that the Merton firm had tried to con-
troll all the American copper going to
Europe through what would have been
the equivalent OF a central selling agency
for the foreign market for this metal re-
,eived wide comment yesterday. both in
the copper trade and IN Wall Street, where
the movement OF copper IL closely fol-
lowed.
The London Metal Exchange opened yes
terday for the first time to unrestricted
trading in three months with cash stand
ard copper quoted at f62 lis Cd and flu
lures al f54.
The foreign visible supply figures as OF
November IL also came TO hand, showing
a decrease OF SOL tons 10 80 S42 tons. No
data has bees forthcoming from German
warehouses since the end OF July. when
stocks at Hamburg were reported at a,s67
tons and Bremen 1,l06 tons.
ltal nm steamship companies still refused
to handle copper owing 10 the possibility
OF being detained en- route by tho British
navy. The Italian Government has now
made Il plain that no copper will GO
through Italy 10 any other country unless
such intention Is announced with the send
ing of the cargo.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
GOSSIP OF WALL STREET.
Decided Progress.

1t was reported that definite and decided
progress toward n reopening of the ex-
change had been made at yesterdays con-
ference between the bankers and the Stock
Exchange committee Of five. While no state
ment was made as to what this progress
was the understanding was that 1t in
volved operations along the lines already
taken. with the probability that important
announcement would be made within n
day or So In this connection II was ad-
mitted on behalf of the committee OF FIVE
that plan for establishing trading in
the general bond list on the floor of the
exchange was being considered. This plan
is for free trading In miscellaneous bonds.
with the cole restriction that minimum
prices be posted daily. The exchange
authorities have been getting the opinions
Of members on this point, bu. no decision
regarding It has yet been reached. One
objection to this move Is that IL is condi-
toned on some settlement as regards
foreign selling. 1t is realized that the re-
stric.ion TO prevent such selling in the
case of State and municipal Issues would
be effective in this instance.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
DAILY FINANCIAL CALENDAR.
1.-Two stock Market.

MONDAY. November 1s
Receipts Of beevos for two days wers oO55
head, including ~ cars Tor the market.
steers opened extremely dull, with buyers
bidding lower; later the trade was more
active and prices firm. with some sales a
small fraction higher. Bulls ruled firm Oh
very light receipts: COWS were steady TO
easier Common to good steers sold at So 90
a 81 per 100 lbs, no choice or good heavy
offered Bulls sold at s5,50RSS; cows at
81 so q tG.10, extra cows at $3.50, heifers at
St,75 ~ S1.@5. Dressed beer slow at l?h q
lGc per Id, FOR city dressed native sides
Receipts az calves for two DAYS were a70
h-ai, inutu,iins iSo ioi in. market Prices
were steady aud the under grades strong
the supply was not equal to the demand.
Ordinary to prime veals sold at stlQSl36O
per 100 lbs, with general sales at kt2GSl3.5O;
grassers at $685.; warnings at S5,.5Qs6
fed calves at s1Gsg. city dressed veal
strong AT $50 zoe. per ID country dressed
veals tsknned) at l2Ildc; skinned grassers
At . q Zoe.
Receipts OF sheep and lambs for two DAYS
were 5,3l9 head, including IL cars for the
market. Demand active and prices steady
Common TO good shoep sole at stHss p.r
700 lbs; good 10 prime lambs at sg.5O so
Dressed mutton steady At II 1Sc, dressed
,aHhs al 4l'C. country dressed dollhouse
lambs at ft5oHS per. carcass.
Receipts Of hogs fpr two DAYS were | as1
head, nearly an for slaughter. Market
quoted firm at SS5OQSS76 per 100 lbs
Country dressed steady at il6lSc. DER III.
roasting pigs At l49l7o
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

The New street market Is now for
many important stocks at or above the
closing prices of July 80 level This ~
a curious thing for several reasons 1t
has been assumed that the market would
go out of business when Il reached this
stage because Il would not be able to
compete with the exchange. The eNplana-
ton may be that the New street mar
Ike, offers trading facilities II may also
he that there Is short interest which
cannot cover except In New street. The
strength OF the New street. market re-
Gently IL significant because from all ac-
counts the market has not been sim
ply local affair. Tho New stree. prices.
according to all accounts, have been sent
abroad regularly for weeks and there are
few brokerage houses in interior cities of
this country which have not been fully
informed of them Foreign and interior
selling has been witnessed outside and the
fact that prices are higher would surg
gest that II had ceased. But in spite Of
all this. that Steel common now a per
cent stock. should be selling I'm New
street at 4si. seems to defy all expana-
ton whatever.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
Better buying Demand,

That there Is an Increasing demand
for stocks at the July 30 level is not
denied. Twenty-one stocks, including
several International Issues. were said to
have sold through the clearing committee
yesterday either At or above the official
closing. II is the development of this
buying demand which moro than anything
else has encouraged hopes Of an early
reopenins Well informed observers are
now talking of the possibility OF a wild
speculative buying movement following
the handing down of the rate decision
which might automatically reopen the
exchange. Undoubtedly tho resumption
or business on the exchange must and will
be based upon some such outburst of buy
Ing. II must he remembered however
that demand resulting from an accumu-
lation OF investment funds Is not per-
manent thing. Such movements usually
peter out suddenly. The authorities
must therefore consider subsequent
developments In order 20 guard
against too drastic a reaction. WITH
out some means OF taking care Of
foreign liquidation there would sttl be
the poss billy of another violent down
rush OF the kind that caused the ex-
change TO close. For the exchange to
take any steps toward reopcn!ng and
then have TO rescind them would have a
disastrous effect upon public confidence
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

The certainty of foreign liquidation
when the test OF an open market is APP
piled Is undsputed, although the amount
may he greater or less than various
observers have predicted. Individual, as
we'll as official, arrangements are being
considered TO take care of this l!quida-
ton. One prominent house which was
concerned in the bringing out OF three
important stock issues within the past
year or so Is reported 10 have sent rep
resentatives TO England and France to
try and estimate the amount OF these
securities held there and what proper
ton is likely to come upon the market
when the exchange is reopened. This in
formation is sought with the idea OF
forming a pool among interests well dis
posed toward these stocks to take them
over at fair price. The negotiations,
IL Is understood, have not yet reached
tho stage where the amount TO be alb
sorbed or the prices at which II will be
taken are fixed. The only tangible de-
velopment Is that this particular Arm
is taking steps 20 look after its own posi-
ton in these securities and at the same
time to protect the interests Of its for
eign clients as far as possible.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
OPENING IN COTTON
SHOWS STABILITY
Resumption Of Business Gives
Evidence of q Sound
Market Position.
PRICE CHANGES SMALL

II the developments in the cotton mar
ket yesterday had been planned before
hand the final results OF the session could
hardly have been more satisfactory. The
resumption OF business after fifteen weeks
of idleness was as quiet and orderly as
II there had been no Intervening period
OF strain and anxiety. No one would
have thought from the conduct OF business
throughout the day that the reopening
had been made possible only by the CO.
operation of large number of the most
important banking institutions in the city
and hard work and sacrifice by many
members OF the New York Cotton Ex-
change.
1t was essentially day OF congratula-
lions. These came from Liverpool from
New Orleans. from the New York Cham
her of Commerce and other sources in an
official way. while the private Fluctuations
were without number. After the first few
moments of trading the air OF anxiety
became less universal and Il was not long
before every one abandoned the idea Of
possible decentralization. The opening OF
the market was as tame as II the doldrums
OF midsummer had prevailed. The range
of prices did not extend over fifteen points
but no one cared. The chief desire was
to reopen the market and test ts stability.
This was successfully accomplished.
There was a moderate amount OF pres
sure on old December. hut the discount
under January Of the new contract was
not excessive and represented fair meas
ure OF relative value.
As stated in THE SUN yesterday morn
ing. II was generally known that the larger
market interests stood ready TO take the
entire local stock on December at a dis
count OF 81 points under January.
The transactions for the day were esti
mated at between 10000 and 10000
bales. There was sorne pressure OF hedge
sales from the South but this was not
important. In many portions OF the cot
ton belt the interior prices are too high
TO permit OF profitable sales for hedging
on basis OF contract quotations as
recorded yesterday.
Liverpool was n fair buyer OF Decem-
her. and is likely 70 continue SO as the
local stock OF certified cotton Is only about
~ 900 bales. and there is not likely TO
be any attempt to Increase IT until de-
llverles are made under the new contract.
Liverpool for this reason Is likely TO be-
come a free buyer TO cover sales In this
market.
All markets were opened yesterday.
4 cable from liverpool stated that trans
actions We're on an Unrestricted scale for
May and that later deliveries would he
made in Egyptian cotton.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
MONEY AND EXCHANGE.

New York Federal Reserve Bank rate ::
SD per cent. for short and 8 per cent.
for long bills
Open market discounts prime accept
ances maturing up TO ninety days to
4i3 per cent.
Commercial paper was In good demand
and easier. Rates were 5ia as per cent.
for sixty 10 ninety day Endorsed bills re-
ceivabe and for four to six months
single names; 6ia per cent, for others.
Time money rates were steady hut
easy In tone. between and bh5 per
cent. for all maturities
Call money ruled at from to per
cent
Domestic exchange on New York: ST.
Louis. coo discount: Chicago. par Gin
cinnat, l0c. premium Minneapolis, par.
Call money in London was lax per
cent
Sterling exchange was lower. Final quo
tations were: Demand, +s7%, cables.
4s71s.
Bar silver in London, e2xd in New
York. 4S7sc.
New York Clearing House statement
Exchanges. S21747e,+45; balances. sl5.-
593,761: Sub-Treasury credit balance,
Sl7l,SSe.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
state and City Bonds.

No unpleasant results have followed the
removal OF practically all restrictions in
trading In municipal and State bonds.
The market was less active yesterday
and from y TO u per cent. lower al
around. This decline is not necessarily
to be attributed to fear OF or actual
liquidation brought about by the change
All these issues had very rapid advance
last week and 1t WIS not unnatural that
hey sohuld have had a reaction on ac-
count OF profit taking sales. Offerings
were comparatively heavy and II was
understood that a certain amount of
the selling represented foreign holdings
"domic!led" on this side which came to
marleet as the result OF cable commune
cations. Foreign selling. either direct or
indirect. may grow as time goes on. hut
In any case the market for State and city
issues will not be fair test Of It's force
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
THE CURB MARKET.

Yesterdays first official session OF the
resented the three preceding days of un-
official business. Dealings were un-
marked by any violent fluctuations or ex-
traordinary manifestations after the long
suspension. Transactions were in moder-
ate volume, with the general trend of
prices upward. This was particularly
noticeable in the mining and Industrial
shares. The final tone of the market was
firm, with slight recessions in Standard
Oil OF New York, Standard OIL of New
Jersey and Standard OIL OF California.
Ohio Oil was strong spot and quite &C
tive on the declaration of an extra divi-
dcud
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
THE SUGAR MARKET.
ffn~ GRADUATED Held Firmly ny
Renners at 6.IO Cent.

Fine granulated sugar was firmly held
by nil refners ut $40 cents Yesterday.
There was good demand for Withdrawals
and most reiincrs were understood 10 be
IN wei! booked up position for the next
fortnight or more
NO foreign business was closed as Euro
peans thus far have refused 20 meet IN.
quotations OF refiners here
Raw sugar was quiet and unchanged at
t02 for spot.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

oS TO so, PROFIT

Is TO 500 PROFIT
can be realized on an investment :. ge.'
going business situated near Ih.clr. .''
trunk line RVS Has privtte
owns Ito own buildings ana real nv
all are unencumberei owner ~ '" W
part. Best OF REASONS for ousrluN '.,
has unlimited demand AZ rresNn; p. ~
sl?5 10000 worth OF orders on re. g.,
my entire interest for $4,000 o. M - ~
$50. 600 90 This IL an unusual 0N' ..'
for quick investor Aadres, n.
sun office
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
Fntnrcs closed eteadv.

Spot cotton at New York was quiet :
mlddling. 775c Southern spot markets
were barely steady. with New Or
leans. 7s,c.: Galveston, Sc. Savannah.
7i.c Houston. Sc Augusta, ''2c., and
Memphis. nc.
The New Orleans market Was steady
after the closing here. Prices there wer" ;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
ELECTIONS AND MENTINMs

New York $ocicty for rr ,,vS
WIDOWS AND ORPHANS OF Mllut'. W..
The Annual Meeting vii Ice .'
day. November Is, 1914, at \ p. NJ
ANDREW +, cCRRrER, NJ d, S'c,'Sv
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
PUBLIC UTILITIES.

The Dayton Power and Iirht Couns-"
reports Tor october gross earnings 81 IS" y
80, compared with gross OF S12.Tl3 for
october lHlH, an increase of 1874 per cent.
oNeratins expenses amounted to s45.45O and
operating ratio for the month was sell
per cent. us against 6672 per cent. a year
AFRO, Net earnings were s3T,N90 cortrasteJ
with not or s3l,+7o and surplus inter In
terest charges aud preferred dividends was
slO,lSh, conipared with q surplus OF s;Il3
In october. 1913,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

The interest on the same vi.i r'e'" "' INNER
~, 1917, ana the principal ol tho torts ,i-n
per cent. premium, viii I've redeemed 4t '-'F '''c'
on and after that date
T. l.. SMITilcBS. Assistant Trcas.r''
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
To THE HOLDERS Or
TIL CONSOLIDATION COAL co.
First and Eefunding Mortgage Honds
In

NOTICE Is HEREBY GIVES as FRO, SEQ
IN S"cttoa OF ArticlN VI. % 'No - .'g re
dates p,cemher LIST 1910. securing ',' ~
%, ,ock \ NJ. on Friday. 80, aUl. -e g..
l9lt, Ut the ofice Of tho undersigned g..
broadway. New York city, NeW lo~, NJ,
honds a. not exeeeiirs 1914 q ps5 ~
hau,, the sum OF Forty thousand ,art4 Aua.
drea ana eighty dollars and three t-H'
$40 3SO.O3l.
Offers should be addressed 70 M Trust
DEPAkTMENT and prices should - Ia''-d
HAT without INTEREST,"
Interest due December LIST should - COZ
lected in the usual manner
GUARANTY TRUST COMPANY Or ~"
YORK, Trustee
Nv A. J. HIcMFHIlL, r--'''
November and 1914
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

New city Notes.

Int
Security Rate pay, Due. RIl o ner Yield
Al y Sept. /, 1913 lOiis lOiI, 10
Newi orkC..6 Ms Sept. /. 1915 lO2s,s iO2,,s l. Sc
Ms Sept. I. 1917 lO3N i0sN 4. So
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17

The Liverpool market was quiet Their
wa. a good business In spot cotton. will
middllng at 456d. Sales. 10000 bales.
Prices at Liverpool were;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
Omen. High Low
May June ........ 4

Exports yesterday. 3i136 bales Total
thus far this season s97,Oi6 bales, agains,
3,439. 600 bales last year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
NORTHERN PACIFIC
DfFlSlriNE BONDS READY

Tho northern Pacific Railway Co 10 now
prepared TO deiivef. AZ It's eff'oe az Nassau
street Its D-nnltlNe Coupon Rsfund'ng and
Improvement 4i4 Per Cent Bonds Series
. IN skth1nge for the temporary bonds
NORTHERN PACIFIC RAILWAY COM
GEORGE II EARL. escrstasy
New York. November "a. 1914
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
GEORGE y. BAKER
ROBERT FLEMING.
surviving Voting Trustees,
Louisville 4 Nashville Railroad GO.

u hlpduW ~, New orK, October .."' .H'i
IN accordance with the terms OF TIE d 8.
OF the Evansville II henderson auu ......r
Division Of this company, tho 4. r.'.s go
hundred and ten no. bonds have iI.> ts '''7
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-17
CENTRAL TRUST COMPANY
Of NEW YORK

A. Trustee ,tnder First MortOdos o,
West Indid Impror rment Con1pdry.
Dated September !. 1889.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05
Farm Facts.

Help to organize rural life and
make the country a better place in
which to live.
The problem that confronts the
farmer next in importance to dis
tribution is Investigation.
Agriculture has gone through two
thousand years of evolution and is
still in an experimental stage.
Over-production is the stumbling
block, and systematic marketing
the stepping-stone of agriculture.
1t is the duty of every farmer to
see that his wife is supplied with
every equipment to tighten her
labor.
To eliminate waste and inefficien-
cy in marketing. the farmer should
keep in close touch with market
conditions.
The problem of marketing is the
biggest business proposition of any
age or nation and one that will re-
quire the combine efforts Of all the
agencies of civilization to solve
BY Peter Radford. Lecturer Nation
al Farmers Union. a3FhaaH ?
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05
The Christmas Thought.

Ideas on Christmas giving are
rapidly changing among the sensi-
BILE. Those who think as they give.
are looking for a year-round service
as the important thing.
In week of shopping. with all
its strain. you will not find a better
gift than a years subscription to
The Youths Companion. 1t offers
its service, its clean entertainment,
its fine suggestiveness week after
week; and the end of the year,
which finds many gift in the at
tic, dust-covered and forgotten,
brings The Companion again, with
all the charm Of last Christmas
tide.
No American monthly at any
price offers the same amount of
reading. and none can offer better
quality. Less than four cents a
week provides this best of Christ
mas eifts-$2.00 a year. If you
subscribe now. all the remaining
issue Of the year will be sent free
and The Companion Home Calendar
A copy of the Calendar is also sent
to those who make a Gift subscrip-
ton. Send for sample copies, and
the Forecast for 1915.
THE YOUTHS COMPANION,
Ia Berkeley Street, Boston, Mass
New Subscriptions Received at
this Office. }ill i4 @g non W
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05
Regulations Controlling Navigation
CT Panama Canal.

Regulations for the operation and
nav cation of the canal have been
promulgated. and cover in every de-
tail the behavior of all ships from
the moment they arrive in port at
either terminus until they leave the
zone of control on the opposite side
of the isthmus. After entering one
of the terminal ports no vessel is
permitted to leave, either for the
canal or the ocean, without being
given authority to do so. 1t is with
in the power of the officials to deny
passage to any vessel, or hold it for
investigation, if its sanitary condi-
ton is questionable or the status of
its cargo, hull, or machinery such
e r. icht rn@ancer or nhSrrLct the
Canal. Graft carrying explosives Or
infiammable oils are expected to
seek permission for passage before
leaving ports of departure, and such
ships, while crossing the isthmus,
must display red flags by day and
red lights at night. Each ship must
take on government pilot to direct
the course through the canal. Re-
sponsitility for accidents resulting4
from a refusal to follow his advice
is placed upon a ships owners or
representatives. All radio apparat-
us is entirely under control of the
canal authorities throughout a voy-1
age 1t may be used for canal bus
mess, must have an operator in at
tendance constantly, and must not
interfere with the canal radio sta
tons. Excepting while plying the
waters of Gatun Lake. ships may
not proceed faster than SO miles an
hour.
Unnecessary whistling, the dis
charge of firearms, cross signaling"
the general use of searchliehts, the
pollution of the canal waters. and
the failure to disclose anything per-
tanning to ship or its cargo which
might cause trouble to either it or
the canal, are prohibited. A steam
vessel proceeding under sail carries
a black ball 2 #. in diameter, for
ward; and seagoing suction dredees,
when under way and dredging, car
ry two black balls Of the same size.
From the November Popular Me
hanics Magazine.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05
A Word on War.

Ez fer war, / call it murder
There you hev it plain and fiat;
I don't want to 90 no furder
Than my Testament for that;
God hez sed so plump and fairly,
It's ez long ez is broad.
An you've got to git up airly
Ell you want to take in God.
faint your eppylets an feathers
Make the thing grain more right;
'Taint afollerin' your bell-wethers
Will excuse we in His sight;
Ef you take sword and dror it,
An 90 stick a teller thru.
Guv'ment amt to answer for it,
God'll send the bill to you.
Wut's the use O meetin- goin'
Every Sabbath, wet or dry.
Ell it's right to 90 amowin'
Feller.men like oats an rye?
! dunno but wut it's poorly
Trainin' round in bobtail coats
But it's Gurus Christian dooty
This ere cuttin' folks threats.
james Russell Lowell.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05

Mrs. Mary Wartick and daughter,
Mrs. Rose Rice returned to Camp
Point, ILL.,, Monday after spending a
week very pleasantly with their
daughter and sister, Mrs. Frank Nc
Garland. gg,l g.a
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05

Mrs. W. G. Williamson. Mrs. Chas
Elzea. Misses Clancy. Cornett
Lenna Evans, Tomye Ely and
Alpha Elzea were Quincy visito
Saturday.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1914-11-05

Miss Margaret Fields spent Sun
day with friends in Hannibal.