davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
CAR RIDERS WOULD
SAVE $SS,OOO,OOO
BY BETTER TRANSIT
Director Taylor Says Time
Saved. Capitalized at 5
Per Cent, Would Equal
This Sum.

Director A, Merritt Taylor. of the De-
partment Of City Transit. has figured that
one OF the big assets that would follow
inauguration of an improved transit
system in this city, such as is now
planned in the proposed agreement bee
tween the municipality and the Philadel-
phia Rapid Transit Company, would be
a saving of time to car-riders here, which,
capitalized on a basis of Is cents an hour
at per cent. would amount to $3s0Oo.oOo
a year.
"The program. as whole says Dl-
rector Taylor, in an article in this week
Electric Railway Journal, assures to tho
people Of Philadelphia splendid modern
rapid transit system, operated IN con-
junction with the existing lines as one
great unit in manner which viii rom
der the public the greatest service at
minimum reasonable cost.
"It provides that the city is to own
the new facilities and all their future net
earnings excepting such reasonable pay
ments as are allowed the operator, includ-
ing per cent. on the operators Invest
ment.
1T assures to the city and the people
the added prosperity and comfort which
and added convenience brings; the cost
will be slight, and Furthermore the cost
will be more than completely and gener-
ously offset by the 1-mill tax on personal
property which has been turned over by
the State to the city as a practical sub
sidy in the aid of transit development, by
the great increase in property values and
therefore In tax returns which will accrue
to the city treasury and by the cancella-
ton of the present exchange ticket charge
on the public of $500, 900 per annum, which
amount would have increased from year
to year.
"The indirect advantages must not be
overlooked. Present and ever-increasing
congestion will be eliminated. The city's
growth will be accelerated. The eff
cheney Of the population will be increased
by time saved, which capitalized on the
basis of 10 cents per hour at 8 per cent.
would amount to upwards of SSS,0o0000.
The city's areas available for develop
ment will be so enlarged as to make COM
Portable and economical homes readily
available to all. and undue congestion OF
population will be prevented.
There has been a great worldwide
awakening to the view that communities
must collectively, for the good of all,
undertake wider spheres of service. and
that the community itself should retain,
to a greater degree the unearned incre-
ment in values which is created by the
concentration OF lts own populdtlon ana
by its own activities. In Philadelphia
there is an undoubted urgent need for ad-
ditional and better transportation faclli-
ties. Private interests cannot handle this
proposition without municipal aid. No
one can reasonably doubt that the COM
prehensive transportation system propos-
ed will. in time. develop ample direct
earning capacity. not only to carry itself.
but actually to relieve taxation for other
purposes"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
PROPERTY VALUES
GREATLY CHANGED
= BY PARKWAY WORK
Neighborhood of 18th and
Arch Streets Displays Ups
and Downs in Assessments
and Business Worth.

The nelghborhood of Arch street from
18th to 18th has been a very busy locality
in the year 1914 up to this date, the Park
way from city Hall to Logan Square, as
plotted, 14O feet wide, passing Arch street
at this point.
The operations take in the block from
the north side OF F,lbert street to the
south side of Arch street also the south
side OF Arch street from 18th to 18th, then
the north side of Arch street to and in
cluding the northwest corner of 18th street
to 1913 Arch street, and portions Of proper
ties from 1915 TO 1893 Arch street
AS the final line was only settled upon
after many lines had been proposed, prop
since the matter came to the attention Of
the public Conditions made buyers un-
willing to go into the neighborhood, and
property owners, with a few exceptions,
did not wish TO spend money upon their
holdings surely marked for destruction.
FIFTEENTH AND ARCH STREETS
A notable example however, to the con-
trary, was property at the southwest cor
ner of 18th and Arch streets, No, 1860,
which sold March %, 1912, lot 22x1i3, for
$4,000 1t was assessed in 1909 at 355, OCO,
and it Is now only assessed at se5,oOo. 1t
has since been greatly improved. and
from bringing in practically nothing, is
now rented at about s1l,O and is held
at more than s15O00O. Other properties
in the 1900 block on the south side. which
will be entirely taken by the Parkway
have the same assessments today that
prevailed in 1909.
The north side of Arch street, from
18th street to 18th, shows a very different
situation. Properties assessed at $4,000
in 1905 are now $4,000; those at $4,000
are now 7+,5Oo such as 15O7-9 Arch
by j. Clifford Wilson, who, May 49, 1914
also purchased 1905 Arch street, as
sessed at $50 900, for about 100000 The
three properties gave him a frontage OF
n feet inches by depth of 1sS feet
He removed the steps and dwelling house
features, and by three brownstone steps,
a neat landing and steps inside. the floor
is reached very easily. No fronts were
put in and all arranged to conforms the
interior adjusted to the needs of an office
building which is called The Plaza. and
is now a most satisfactory investment
and increases the value Of surrounding
property. besides showing what can be
done without pulling down or going to
enormous expense.
on the north side of Arch street, be-
tween 18th and 17th a glance at the as
sessments will be quite worth while. The
following is shown.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
NOTES OF THE RAIL

United States Circuit Court Judge
Adams, sitting in st. Louis. has ordered
the receiver of the Wabash Railroad to
apply to the Interstate Commerce Com
mission and to the various State public
service commissions for authority to in
crease freight and passenger rates.
Before the consolidation of the New
York Central and Lake Shore can be con-
summated the authority of several State
commissions in western States Is neces-
sary, and it is the belief that the favor
able action of the New York commission
will lead other commissions to take
similar action. Nothing can be done
toward carrying the plan out until per-
mission has been obtained from the COM
missions
The Supreme Court OF Michigan has
upheld the right of the Michigan Railroad
Commission to fix the time when de-
murrage charges on intrastate shipments
shall begin and the regulation of the
charges.
A reduction Of Sts cents per 100 pounds
has been made in the rail rate on fir lum-
ber from mills on the Pacific coast to
nearly all common point territory in
Texas. The new rate is 62h cents per
100 pounds.
The Illinois Public Utilities Commission
has authorized the Illinois Central to is
sue s13,34S, 100 joint refunding 5 per cent.
bonds to refund money spent In the pur-
chase of the Chicago. St Louis and New
Orleans Railroad.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
FINANCIAL BRIEFS

Lumbermen in this city were notified
officially today that the National Lumber
Manufacturers Association, at a meet
ing in Chicago, decided to establish a
new department of interinsurance. to
which members OF the organization
throughout the country will be asked to
subscribe.
The Bank OF England bought 10000
in gold bars and $4,000 in United States
gold coin.
The issue of $1,000 600 per cent five-
year notes of the Province of Ontario
ing to reports from Montreal, where the
loan is being handled by brokerage
houses.
The underwriting syndicate which han
died the New York Central refunding
and Improvement mortgage. series "a"
ila per cent. bonds, due e0l3 are offer
Ing the unsold balance OF about s.. 900 900
at s9I5 and interest, yielding sos per cent.
The original price of the first block of
st0mOO 900 in April was 95& on a yield
basis of 40 per cent.
The plant OF the Pittsburgh Plate Glass
Company, at Sandusky, o., has been re-
opened, a wage scale providing for an in
on. Men were thrown out OF employment
at the plant last spring.
The output of the Rand Mines in Sep
tember, was 2,l70 fine ounces. valued at
s2,9S26S0, This compares with an output
OF 7ll9l7 fine ounces, valued at faO24Os7
in August and with 72S, 096 fine ounces,
valued at G299s,6s6 a year ago.
A sale of International Mercantile
Marine AS, on which interest was
passed on October l, was reported in
this city today as having been made I'm
New York at %. This compares with the
closing price of 43,
The gross earnings OF the Keystone
Telephone Company in September were
Sill 1876, increase S3S25; net 6,772. increase
si2I6; nine months, gross S9sl' 'ss7, increase
Si69SO; net s5035S increase sSs. 40; net
surplus $3.50 SO, increase SS3, ,454.
S. Pemberton Hutchinson and William
W. Filter were elected directors OF the
Pennsylvania Company for assurances on
Lives and Granting Annuities today, sue
ceeding George F. Baer and William W
Justice, deceased.
Ivy L. Lee executive assistant Penn
sylvania Railroad, addressed the Pitts
burgh Chamber OF Commerce this after
noon on the subject, How Can We Re-
store the Health Of the Railroads."
The seat of Alexander L. Crawford on
the Philadelphia Stock Exchange has
been posted for transfer to Wilson Woelp-
per. Both are members of the firm OF
Woelpper, Crawford & Co.
Levi L. Rue. president Of the Philadel-
phia National Bank, was at his desk
today after a few days vacation.
There was Issued at the local Sub
treasury today 100000 emergency cur
rency. making the total issued to date
S1l. .29S, ,S40
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
DAIRY PRODUCTS

CHEESE.-There was little trading and
the market weak and lower. Quotations. New
York, full-cream choice, lIac,. do, do, fair
to good, 14lyulIc do. part skins, sI1Sc.
BUTTER Buyers operating only for ac-
tual wants hut demand sufficient 10 absorb
all fancy stock at full figures. Quotations: !:
Western fresh. solid packed creamery. fancy,
specials, 33c., extra, Bic; extra hrsts, onIs
a nc. ,hrstss 2Sm 2'e. seconds go 2Ic
prints fancy. SIC. do. average extra 500
:I3c. do, hrsts 2Od31c.; do. seconds 2TG
2sc. Special fancy brands Of prints jobbing
at asa Zoe.
EGGS-Fine new-laid eggs we'll cleaned
up and firm. Quotatons In free cases.
nearby extras, Sic. per doz.; nearby frsts,
IS 10 rer standard case; nearby current re-
ern extra, nrsts $40 per case; do, irsts,
S75o@7so per case do, seconds, S6sod 90
per case Caniled and reCratcd fresh eggs
we're tobbed out at 35a37c. per doz, as to
quality
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
BANK HERE URGES
SHUTDOWN OF RAW
MATERIAL EXPORTS
Franklin National Says Eu-
rope Will Buy finished
Products and Thus Will
Cotton Crop be Saved.

/ Emphasizing the fact that Europe %5ii
/ buy American cotton and woolen fabric.
and flour Just readily as it has hereto-
fore bought American cotto, and rav
wool and wheat, the Franklin National
BANK q this city urges the financing
OF cotton and wool manufacture more ex-
tenslVely IN the North. so that there
might be discontinued is rapidly as DOS
slble The export of raw materials.
1t points out there is no reason WHY
American raw materials should NOT bs
turned into finished products here and
then shipped abroad. As matter OF
fact, the bank officials insist. America
can use the entire output of American
cotton and woolen mills il the latter
would increase their output by 100 per
cent, without the necessity of having To
export single ard of fabric. This con-
version, through money now on hand in
the North, says the bank, would helm
materially in saving the 100000 bale
crop Of cotton now in the hands OF South
ern growers and on the verge of being
thrown into the market at less.
The bank today issued it's financial re-
view for the third quarter OF 1914 It
speaks optimistCallv of the situation and
the ourluoN. Incidentally. it counsels
American manufacturers 10 go Slows
with their South American trade expan-
sion plans and emphasizes the fact that
the real big opportunity for them is right
in their own country.
The farmers Of the north" SAYS the
bank review, are finding quick
market at high prices for their crops and
with this crop money in hand, IL ought TO
be possible 70 finance cotton and wool
manufacture and thus assist the South in
unloading its 100000 bale crop of cot
ton and convert our present supply OF
raw wool into finished products. The
time Is OppoVtuue 10 work towards the
manufacture Of the bulk Of our raw ma
teTials and discontinue as rapidly as pos
slale the export Of raw materials Europe
will buy our cotton and wooden fabrics
ana our -four lust as readily she has
heretofore bought our raw cotton and
raw wool and our wheat. Considering
the factory product per employe labor
cost IN the cotton and WnOleu mills in
this country is about the same today as
m most European countries, and Just at
the present time they are unable 10 get
SUFFICIENT labor an any price or to operate
the labor If they had IL.
If the cotton and wooden mills Of
America Increase their output 100 per E
cent, America can use the entire product y
~ tEout the exporting OF a single yard OF
fabric. There is tremendous opportu-
nifty for American manufacturers Just
now nm their own country, and the South
American trade should he approached
with Sreat caution. Capital is being with
irawn from South America by the men
who put II there because il is now needed Q
m Europe and credit conditions in south
America are exceedingly bad. II would
seem wise policy 10 extend our bus
uesses with our own people and within
he borders Of our own country where We
are thoroughly familiar with the situa-
ion"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
TORONTO OFFICIALS HERE
TO STUDY CITY FINANCES
Canadians Are Entertained by Mayor
at Luncheon.

at Luncheon.
Mayor Fl. L. Hacken, of Toronto. and
other officials of that city are in Phila-
delphia today inspecting the systems of
municipal financing and accounting here
Mayor Blankenburg entertained the vis-
itors and local municipal officials at
luncheon at the Bellevue-Stratford this
afternoon.
DR.. F. A. Cleveland, director of the
Bureau of Municipal Research in New
York city. accompanied the Toronto dele
cation 10 Philadelphia. The Canadian
officials obtained data from the local Bu-
reau of Municipal Research and from the
controllers Office that will be compiled
with information gained an other Amerl-
can cities.
Guests at Mayor Blankenburg's luncheon
were Mayor Hacken. Controller j. o.
Mccarthy, Alderman DIR. S. Marley
Wicket, City Treasurer John Patterson.
City Auditor Walter Sterling, Comms-
sioner of Works K. c. Harris and DR..
Horace NJ Britain. of Toronto; Doctor
Cleveland, of New York; Director Porter,
of the Department OF Public Safety; d.
rector Norris. of the Department OF
Wharves, Docks and Ferries; City Con-
troller Walton, W. b. Hadley, chief ac-
countant Of the controllers office; Chief
Webster of the Survey Bureau; Cyrus D.
Foss, secretary TO the Mayor. and Fred
erlck P. Gutenberg and Ralph Bowman,
of the local Bureau of Municipal Re
search.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
RAPS POLITICAL CONTROL
OF AMERICAN RAILROADS
Southern Railway Head Sees Disaster
Unless it Shall be Eliminated.


At the annual meeting today in Rich
mond, Va. of stockholders of the South
ern Railway Company, Fairfax Harrison,
president of the road. took occasion. in
his annual report. to denounce the prac-
tice Of making railroads of the country
a factor in American politics.
1t can hardly be expected, he pointed
out. that the operation of any American
railroad shall be again on a normal basis
unless there shall be entirely wiped out
the tendency TO inject politics into its
operation.
The slackening in the general volume
Of business done in the United States
which has been so marked during the
past year" said President Harrison,
was felt last of all in the South, but
had become part OF the problem of man
agement OF this company with the OPEN
ing OF the calendar year 1914. The high
level of expense of operation is main
tanned not so much by any natural eco
nomtc law, not by any deliberate intrn-
ton or neglect OF management, as by
general social tendencies which are in
substantial measure abnormal and be-
yond the control of management.
III can hardly he expected that the
operation OF an American railroad shall
be again on normal basis unless and
until the question of the railroads shall
cease TO be a factor in American politics
To state this fact is but to repeat the
statement Of the contemporary plight Of
the railroads, which has been so fire.
quently urged upon the American public
in recent years. 1t is mentioned here
simply 10 illustrate its application 10 the
fortunes of the Southern Railway Com
pany."
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
FREIGHTs AND CHARTERS

TIE full cargo stea mshlp market is strong
IoadinE HoWever only a umitsd sT,op5,rr pIU'nas
business was reported, The sail market Is
quiet under an ample supply Of tonnage. with
rates weak
STEAMSHIPS
Msrsam Abbey (BrA Baltimore to Genoa.
30 coo quarters grain, 5s.. October
Thistleard tBrO. SO 900 quarters. same,
MsTesheld (Br), 10000 quarters oats, same
Be- I'D. October
Hero tNorl 1850 tons. New York -scandi-
navian trade two round trips. $50, delivery
New York, October.
Enrieo Milo dtsl) 227O tons, transatlantie
trade one round trip, As, deliveries Europe,
promnt
Prudenza Qtall 2osS tons same
ROsalia (Ital). 26r3 tons. same
Isle Of Jura tBr), PASS tons, BaltimoRs 10
Havana, coal private terms. spot
sCHOONERs.
James 3. Drake. a91 tens, Baltimore 10 Gal
weston. coal. private terms. prompt
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
PERU WANTS COAL
Consul Says Country Is in the Market
for 100000 Worth.

Eduardo Higginson, Consul General OF
Peru, announces that his country is In
the market for 100000 OF American coal
The fuel supply of Peru usually comes in
great part from Australia and England,
but export from these countries is now
prevented on account of the war: hence
Peru is compelled to turn to the United
States.
Financially, Peru has been very close to
England. her monetary and currency sys-
tenn having been patterned after 'Epg-
lands. Senior Higginson urges American
bankers to establish branches in his coun-
try. so as to facilitate the contemplated
purchase by the creation of direct Peru
Wan credits here.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
MINERAL OUTPUT OF U. s.

The output Of gold in the United States
last year was 4,299,7s4 fine ounces. valued
at Sss, 1854. 400. a decrease Of S4.50O0OO. ac-
cording to the Geological Survey and the
Mint Bureau. Silver produced was 66, SOL
800 fine ounces, valued at $40 34s. 100. The
output decreased nearly 3.5oOO00 ounces
California led in gold production, while
Nevada led in silver output,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
BETTER BUSINESS OUTLOOK
Bankers in Convention Believe De-
preston Is Disappearing.

RICHMOND Va OCT I3--Members of
the American Bankers Association.
gathered here today for the annual con-
veution regard the business outlook a.
most eucouraEing. and believe that the
financial depression due 10 the war Is
disappearing.
Cotton planters are urged 10 diversity
their crops by raising grain, beef. hogs.
have 10 depend on amy one product as A
''money' crop.
Various questions relating 10 the oank-
Ins business In this country were re-
ferred 10 different committees The saw
ings banks and trust companies sections
nave six meetings IN progress Ths 49,
ual business sessions began this after
aeon
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13

Choice stock In fair request and steady. APP
PIES, per bbl.-Jonathan. S3G3J0; Gravenstcln,
81. 25d3 Blush, 81 25q3 Twenty-ounce 81 T5f
:; 30; Pippin. 81 75a2 other good eating va
rleties 81 IjT2jO: medium. Sldl 30; crab,
I, 20; apples, Delaware ana Pennsylvania. per
hamper 3OdJc, ounces, per hbl. S2n3.5o.
Lemons. per box. S3d4. Grapefruit. Florida,
per crate. 50 5od4.jO. Plneapples, per crate
Porto Rico, 81 25d3.2 %; Florida Sld2 70. Gran
berries, Cape Cod, Early Black, per bbl, 81. so
as; cranberries. Cape Cod Early Black, per
crate, 81 !5q2; cranberries, Jersey, per crate
Dark sl.T5d2 q! light, S1d1.25 Peaches
Virginia. per 2n-lh. basket, 4OHT5c.; do, do
per crate. s1ql, IS do, Delaware and Mary
land, per basket, iJd Soc; do. do, per crate,
Sl91. rs: peaches, New York and Pennsylvania.
per basket-Larse white or yellow, GOc. .usi ,
yellow per fOSa st large. 75S S1
medium, 20T40c. Pears New York, per hbl 90
Seckel, 4.50dG: Bartlett. No. !, StT5. 30; DO,
No. 2. S2.Jna3; Beurre Bose. S4Ti5. 20. sheldon.
s415; Beurre Clairgeau, S2.5OTS.JO: Beurre
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
TIMBER SHIPMENTS SMALL
Excess Cut Over Movements in Au-
gust Was 17,eoo,ooo Feet.

Holders Of timber bonds in this city will
be interested in a statistical table com
piled by John y. Rhodes, secretary or
the National Lumber Manufacturers
Association, covering the cut and ship
ments of lumber throughout the country
in August, compared with the same month
a year ago
Reports from 621 mills show an excess
cut over shipments of ll1sc,OOo feet dur
ing August, i9i4. The decrease in cut last
August, compared with the same month
last year. was 51,6Oo,ocO feet. The de-
crease in shipments was 96.2Oo,oOO feet.
The European war is declared to have
influenced q smaller activity in new build
ing and extension work. Demand Tor
lumber. consequently, has been materially
lessened.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
LAMAR 81 YEARS OLD TODAY
Niagara Falls Mediator Recipient OF
Congratulations.

WASHINGTON. Oct. 14-Associate
Justice, Joseph r. Lamar Of the Supreme
Court who was one OF the American
commissioners 10 the Mexican Mediation
Conference at Niagara Falls. today re-
ceiyed congratulations upon his 57th
birthday anniversary.
Representative Borland, OF Kansas City,
Mo, also received congratulations upon
his f7th birthday annlgersaEy.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
PORT OF NEW YORK
Steamships Arriving Today
Stsams ships to Sal
Movements Of Vessels

Str vedrs (Brl. from Philadelphia arrived
Barrow october II.
Motorship California DAM. for PhiladeIphia
sailed from CopenhaEen October l.
Str. John j, Rockefeller (Amer) PhiIadel-
October II.
SIR. carthagInian CBr), from Philadelphia,
arrived Glasgow October 10
Str Mauretania tBr), for New York sailed
from Liverpool October 10
str Maine tBT,). from PHILADELPHIA arrived
al London October IL
Str. Noordsrdyk Dutch, for PHILADELPHIA
sailed from Rotterdam October 10
str Amstledyk Dutch, from Phlladelphia
arrived al Rotterdam October II
schr. Horatio, for .PhiladelphIa from 81.
Der 2,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
ALL EX-OFFlCERS MUST
SERVE KAISER. SAYS REPORT
Even Primary School Teachers In
cluded, Petrograd Hears.

IVN DVNl OCT. u
A Reuter- dispatch from Petrograd SAYS
It is learned from a semi-oficial source
that owing 10 the heavy losses OF Of
feers in the German army, all the non
commissioned officers who have ever been
In the army are ordered 10 Join the colors
at once, Irrespective Of age.
Retired Officers are also being called out
for active service. Teachers in the primary
schools, who have hitherto been exempt.
are now being compelled TO go TO the
front.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-13
LOCAL BANK STATEMENT
Reserve Decreased $3.50, 900 in
Week; Loans Larger.

For the first time in four weeks the
reserve of the members of the Philadel-
phia Clearing House Association de-
creased in the week ending today. as
compared with last week, the decrease
being SSesO,OoO, Loans advanced se13.0
and individual deposits fell of S. 2i2n5b
and bank deposits were 81 $4,000 smaller
Figures for this week compare with
corresponding week OF last year as
follows: