davidaulloa/AmericanStories huggingface dataset:
The day book. [volume] (Chicago, Ill.) 1911-1917, 1914-03-21

well stayed out all last night. Chance
threatened to deal harshly with any
of his men who looked on the train
ing trip as joy ride.
Jimmy CIabby is planning an Aus
tralian trip. He will. leave for the
antipodes three days after his coast
bout with Billy Murray, and has sign
ed for three matches. Steve Ketchel
and Joe yelling, local mittmen, will
accompany Ketchel
The Monkos of New Haven, Conn.,,
rolled into the lead of the A. B. G.
tourney at Buffalo, topping the pins
for 2,944 count. Howard Majors OF
Chicago are still second, with 1881.
Ralston and Miller of Detroit shot in
to the doubles lead with 1888.
Schmidt and Williams Of Chicago are
third, with 1929
Young Shugrue battled ten fierce
rounds against Leach Cross in New
York, and at the end half the critics
gave him the verdict. Cross planted
some damaging blows, but Shugrue
stood the punishment and put over
The day book. [volume] (Chicago, Ill.) 1911-1917, 1914-03-21

a few on his own account.
Morris D. Brown of Brooklyn and
E. w. Gardner of New York are tied
with five games won and one lost in
the national amateur billiard tourney
at New York. They will play the de-
Gliding game tonight.
Northwestern won the Conference
swimming meet last night scoring 20
points to % for Illinois. Chicago was
third, with o. Mcdonald of Illinois
broke a record by plunging so feet in
% As seconds, Wood of Northwest
ern set a new record in the 220-yard
swim by travelling the distance in
PAT As.
The big noise will be heard to-
night at Evanston, when the indoor
track and field games of the Confer
ence will be held Illinois is being
touted as a winner of the meet.
Willie Hoppe retained his. 1871 bill
lard championship by defeating
George Sutton in New York, 500 to
228. Hopes average was 23.S, and
his high run was 80.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
COTTON STEADY
AT ADVANCES
Weather Conditions Start a Small
Crop Scare and Market
Closes Higher.

bullish private crop report. indications
that prominent local spot interests, as
well as houses with Liverpool connections,
were buying July and apprehensions that
the heavy rams privately reported In
North Texas might foreshadow renewal
of crop complaints from that quarter
seemed to be chiefly responsible for the
advance in the cotton market yesterday.
Demand did not become general, but the
bullish features restricted selling. and the
market closed steady at net advance OF
points on June and OF TO 10 points on
later deliveries. There were a number OF
overnight selling orders at the start, but
after opening to points higher the mar
ket developed increasing hrmness, and at
one time showed net gains OF some IL TO
IS points. The Giles report, making the
condition OF the crop 752 per cent, indi-
Gated a deterioration Of over per cent
between May % and June 10. Realizing
checked the advance in the late trading
and caused reactions Of 4 or points from
the best. Southern spot markets were I'M
changed to NC lower. but the local market
Reid quiet at l3.40c for middling upland.
Sales rs bales. Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
TRADING In THE
CURB SECURITIES
Oil Shares Show Weakness
Mines Dull and Business
Generally Quiet.

Inactive trading and irregular prices
were I'm evidence on the curb market yes
terday, the principal weakness being
shown in the oil list Some Of these shares
developed early strength, but reacted
later. A loss OF 10 points was made by
Standard of Indiana, Atlantic Refining
declined s. South Penn oil, 8; Standard of
California, 4; Standard of Kansas, 3. and
Ohio Oil and Prairie OIL and Gas about 2
points each.
The Industrial list was irregular. Kelly
Springfield Tire preferred was strong. with
an advance OF points, and National
Cloak and Suit point. Maxwell Motors
common receded q of a point and the
first preferred 4 on small transactions.
Mining shares were generally dull but
firm West End Consolidated made a gain
OF points and Florence and Tonopah
Merger each of point. Consolidated Gas
convertible 6s closed with fractional loss.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
MID YEAR STEEL BUYING.
Purchases Improved, but Prices
Remain Low.

Greater buying of finished steel is re-
ported by the trade publications, due to
lowered prices and the midyear orders.
The months shipments and the new
purchases are expected TO break even.
The Steel Corporation Is said TO be
operating at G5 per cent Of capacity. Pig
iron sales continue to improve, but
prices are still low.
THE Iron Age" will say: Reports
differ on ihe extent of the improvement
in the steel trade noticed two weeks
ago. The general condition Of restraint
in buying continues, but the combina-
ton Of lower prices and the natural
mid year buying has caused greater ac-
tivity. 1t is questioned II the June
movement will equal that OF January.
though II IS expected to be enough TO
make the months shipments and new
business break even.
April imports of iron and steel show
more plainly the effect Of low duties, the
increase over March being 5000 tons, or
20 per cent. In the ten months ending
with April rail imports were l. 900 tons,
or three times as much as in the corre-
spending period Of the preceding year"
The Iron Trade Review" will say:
THE moderate betterment in the steel
trade which appeared early In June has
been maintained The volume Of new
business In a number of finished steel
lines has undergone some expansion,
specifications are better and there is
considerable negotiating by consumers
on contracts for forward deliveries.
Some makers report their bookings fully
sc per cent better than In May. The
Steel Corporations tonnage is consider
ably ahead of last month, and last
week It operated at Go per cent Of ca
pacity.
Price situation in finished products.
which is very unsatisfactory from a
makers standpoint, does not improve
and probably will not until it is de-
termined whether the present activity
Of the market represents a permanent
Improvement. Pig iron markets con-
tinue to show better volume Of sales
but as prices are at a low notch buyers
take their time in closing"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Help from the Specialist.

The specialist has no very enviable lot.
lie is the first person TO be blamed when
orders don't 60 through as they were
meant 10 60, and the last TO be exon
Grated. And vet there are times when
that very useful agent of trading actually
puts money into peoples pockets that
they never expected to get. Witness the
following: The other day an order was
lodged with the specialist in. say, XYZ
stock 10 buy 100 shares at 1921. 1t had
closed at 1904 the day before. The first
quotation reported from the Stock EX-
change was 1917 bid, 1903 offered How
about my stock?" asked the broker who
had put in the order at 1929. There is
no real market" answered the specialist.
Wait and you will get II lower" Where
upon another order was entered to buy
100 shares at I02 After while the
ticker showed that GOO shares had sold
at lOlh, and the specialist reported that
he had filed both buying orders-the one
at lO2ik and the one at 102-at the market
price, lO1lt What happened was this;
The specialist couldn't fill the orders,
even though he had several step orders to
sell at lOlis until there had been an
actual sale OF stock. The first sale was
OF a hundred shares or more at i0ll9, and
that released enough shares to satisfy
the two orders placed at higher price.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
PRICE MOVEMENT
in COMMODITIES
Wheat Still LoWer-COrn
Breaks and Receivers
Coffee Declines.

Again pressure Of the new crop forced
wheat prices down, this time to the
lowest point In about eight years. The
Price Current report gave the seven
leading surplus states i05, $500 bushels
against 329,O19.OOO last year. Signs of IN
oyersold market caused slight reaction
but last prices we're &c to &c below those
OF the previous close. Corn started tho
day with a break In July which carried
into the stop loss order field, but covering
caused a rally which left the close only
&c down TO the same amount gained for
the day. Oats were about unchanged,
some options showing an advance of hc
There was a little more business in
coffee, but the market was narrow, with
slight hardening tendency toward the
close. The dulness Of the spot trade APP
pears TO have taken life out of the
futures market, and traders are simply
marking time. The close was at point
off to 4 points net gain for the day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
The Apathy Of Investors.

Investors as a class are not generally
credited in the financial district with
ANYTHING like the degree of provision sup
posed 10 be the possession Of bankers
and other professional dealers in secun-
ties. The common theory is that they
buy stocks when dividend yields are high
and prices consequently low-and wait
patiently until prices get very much
higher, when they sell out and wait again
for a favorable opportunity to repeat
their operations. That is, they combine
reasonably safe speculation with simon
pure investment theories, the latter sup
posedly inhibiting any thought of appre-
citation OF principal. SO it is always a
puzzle to the Street why there isn't
steady and continuous flow Of investment
capltal into securities when over long
period prices are not oni5 demonstraoly
but obviously low. Something Of the sort
does exist. It is true. but the amount OF
investment in such times is very
small compared with what comes
when a market has risen or
10 points and seems likely to keep on
going UP. A trader trying TO explain
the apathy Of the public toward stocks
said yesterday that it was due to the IN
vestor's knowledge that he could buy
what he wanted at his own price when
ever he wanted. And for the time being
tina. is more or less true.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
"After the Deluee."

There was an immediate Oversubscrip-
ton. In February, of the syndicate formed
by Kuhn, Loeb G. Co. to sell for the
American Telephone and Telegraph Com
pany its $50, 10000 Of Western Union stock,
but there was no great hurry on the part
OF the Western Union shareholders to ex-
ercise their right 10 subscribe to ad-
ditional stock at S63 a share up to 40
per cent OF their holdings. On the day
Il was announced that Tel. and Tel had
disposed Of its holdings the stock sold
at 667s But since February its highest
price has been the 6i9t touched in June,
and more often II has sold below GO than
above t. The syndicate had TO pay 81
and the presumption is that II has scored
a fair profit on the bulk OF its takings.
Its days. however, are now nearing
close. and Tuesdays weakness in the
stock and yesterdays are supposed to
reflect the selling Of traders anticipating
the syndicate's clearing Of its shelves.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
BREWSTER URGED FOR
CLASS B DIRECTOR
Long Island Banks, Members OF
Group 2 Of I'd Reserve Die
trict, Issue Appeal.

Several Long Island banks. who are
members Of Group Of the I'd Reserve
District, are conducting an active cam
paign to secure the election OF william
Brewster, carriage manufacturer, OF Long
Island City. as a Glass director over
F. F. Peabody. of Cluett, Peabody & Co.,
Troy. Both were recommended by the
regular nominating committee represent
ing the banks with capital and surplus
between $4,000 and $3.50. 900, II being left
to the banks to choose between the two.
The letter. which is being sent TO the
electors members OF Group 2. Federal
Reserve Bank Of New York." is signed
by the First National Bank Of Corona, the
Flushing National Bank, the Ridgewood
National Bank, the Hamilton National
Bank, the First National Bank, Jamaica;
the Citizens National Bank, Patchogue.
and the First National Bank. Whitestone.
Recitlng Mr.. Brewster's qualifications TO
serve as a Class director the bankers
letter says
He employs one thousand men. He is
director OF the Northern Insurance Com
pany, a director OF the Chamber OF Com
merce OF Queens County. member OF
the Metropolitan Museum OF Art and
life member OF the Museum OF Natural
History. He is a member OF the Union
League, Automobile OF America. Piping
Rock and Sleepy Hollow clubs. With the
election OF Mr.. Brewster our group Is as
sured OF representative who will at oil
times be able and glad TO afford tho coun'
sci and help as to the working and bene-
ats 10 be derived from the federal reserve
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
a RAILROAD HEADS HERE
Hill, Hughitt and Earring Dis
cuss Crop Situation.

-Four prominent Western railroad ex-
ecutives arrived in Wall Street yesterday,
namely, James J. Hill, OF the Great
Northern Marvin Hughitt, chairman of
the Chicago & North Western; A. J.
Earling, president Of the Chicago, Mil
waukee & st. Paul, and s. Nj. FELTON,,
president Of the Chicago Great Western.
Mr.. Hill will be in New York for few
days, when he will leave for his annual
fishing trip up the st. Johns River. He
has recently been over the Great Northern
as far as the Rockies, and declared that,
barring unforeseen happenings, the crops
in that territory would be larger than In
1912. Mr.. Hill does not expect that the
railroads will experience any unsurmount-
able difficulties in handling the expected
bumper harvest.
Mr.. Earling agreed that the crop situa-
ton in the Northwest was never better
and that the indications pointed to big
tonnage for the railroads in that section
Of the country his fall.
"Au crops in the Northwest are look
ing WELL" Mr.. Earring said, although in
some parts of the corn belt the growing
plant needs cultivation. If nothing hap
pens materially to change the present
outlook business is bound to pick up
after the large crops throughout the
United States have been harvested. To
date there has been no apparent change
In commercial activities in anticipation Of
the condition which have just described,
and the movement Of freight is more or
less restricted
81 have never seen the crops look
better and give greater promise of a
bumper yield than they do at the present
time" declared Mr.. Hughitt. 1T GER
tainly looks as II the Northwestern rail-
roads will have their hands full a little
later caring for the large tonnage that is
promised"
MIR Hughitt was in New York only a
few hours yesterday. returning to CHI
caRo I'm the afternoon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18

BUTTER.
Recetpts 1855 pkSs Sales Of 232 tubs
creamery extras under the call on change
at 2Sc. That figure current on the street
extras, Pa a. Csc; frsts, IS q 27c; seconds,
23n25c; state dairy, finest, 26c good 10
prime % a 2Jc; process, extras, 81 \ 922c;
drsts, 2O420ihc,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Echoes From the Past.

Ghosts walked in more senses than one
when there was sold at auction yester-
day so shares Of J. S. & w. S. Kuhn. Inc,
y for the lot. 80 shares Of American
Water Works and Guarantee common at
for the lot and 4s5 shares Of the First
Second National Bank Of Pittsburgh,
Union Trust Company OF Pittsburgh re-
eeipts at 5000, or a little over Sc a share
~ was the Kuhns. officers Of the Amer
lean Water Works and Guarantee Com
pany. who were largely in control of the
snst'seoond National Bank when its
ooofs were closed by the Acting Con-
uoiier Of the Currency last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Missouri Pacific Down to
IS Again on Report OF
New Financing.
EXCHANGE DEALERS
LEND CALL MONEY
Western Union Weak on Prospect
of a Sale of Syndicate'S
Reminders.

Nothing. il is understood in the ao-
sence OF authoritative statement will be
done IN the next few weeks to bring about
formal reimbursement Of Missouri Pa
cifc's financing arrangements, but on the
stock Exchange yesterday there were
pretty definite reports that an attempt
would be made 10 assess the stockhoid-
ers s2s a share and sive them new b
per cent preferred stock. Such pian' II
underwritten or II the stockholders did
their full part, would bring in very
useful 5000, 900 or so 10 the company
treasury. That would help to. meet the
so5 10000 Of notes which were extended
until June. 1915. and If crop results are
up 10 current expectations the road
should get a flying start TO new free
dom. Yesterday the stock got down 10
16 because OF the belief that there would
be such readJustment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
MISCELLANEOUS RIGHTS.
3f5I I'm Pi
MINING.
BONDS.
STANDARD OIL SUBSIDIARIES.

'Ex dividend. tsells cents per share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
NEW YORK PRICES.

INTERIOR RECEIF
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
MONTREAL STOCKS.
THE METAL MARKETS.

roppER-The local street market for cop
- aas dun at I3Tsdltc for electroytic and
la a1sTsc for casting. standard copper on the
%etsi Exchange was steady, with spot, June,
July ana August quoted lSuaglSs1tsc. IN
ynydon copper closed firm at els 81 for spot
and f62 S. 81 for futures. 1900.
TIN-Fjrm; New York. spot. 30 2oaSo'1oc;
June 3Oi2Ikd3050c; July, So.l2isa3o 5Oo; Au-
,st 40 $3.50 62iac; September. 30.S5a30 75c, and
Sciobsr 20 fOG30 SITE In London tin closed
Arm al 1851 IS for spot and flSs for futures
LEAD-ouet; New York spot, 1eSaS- &C ,
and East st. Louis. s7SaS.Sc' In LONDON
lead closed at fls Is Sd. -
PFITER-ouiet; New York. SPOT, $3.50
5.i5c, and East St. Louis. 100000. In LONDON
shelter closed AT IN Is.
sal market unchanged at sis 7bgSiS - TOR NO
Northern and No 1 Southern. ana va soash
Snr 10 2 Nnrfhern ard No 2 Sorfbern
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Call Loans and Exchange.

A good deal Of the lending Of call
money yesterday was done at 2 per cent
because most Of the surplus reserves Of
the Clearing House banks are in the
hands OF four or FIVE institutions like
the National City. First National. Com
merce and Chase National banks which
never lend at less than that figure. For
eign exchange dealers, however, coming
into the market for the first time in
two months, loaned about 100000 or
100000 at l% per cent, selling exchange
against the loans In the idea that sterling
rates will decline between now and
July
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18

June. 9s Dad for July and o. "a for August
London cables the receipts In the United King
dom at 5000 tons, against $500 last week.
Wilett & Gray report the movement OF sugar
at United States Atlantic ports for the week
as follows: Receipts, sS,6Si tons against 81
525 last week. 5f,721 last year and 49, OBJ IN
1912; MEETINGS, 02.0O0, against $1,000, 5s,OO
and 5000 and total stock. 3l4, I04, against
2s7 423, 3Is,7eJ and is9.s1s tons, respectively
RAW SUGAR FUTURES.
Quotations Of raw Cuban sugar futures, basis
90. T. New York, reported by Hopkins
Brothers 70 Broad ST., New York, June 10:
June. 2S 2J August. p, 2h
july. 1882 2Is September "a 2n
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Philadelphia Company.

The Philadelphia Company announces
lat when authority was granted the
company at a special meeting Of stock
holders on April %. 1912. to increase the
capital stock OF the company from 49,
100000 to s73,4O00OO. all of the increase to
be per cent cumulative preferred stock,
permission was also given the board Of
directors to offer to holders of the $780,
900 Of outstanding preferred per cent
capital stock the right to exchange their
shares for shares of the 6 per cent cumu-
lative preferred stock OF the company.
The board, therefore, has made such an
offer, and $3966,5Oo of the per cent pre-
ferred stock has since been exchanged
for an equal amount Of per cent cumu-
lative preferred, and the certificates for
the per cent preferred so exchanged have
been cancelled and the stock is not to be
reissued. Stockholders have granted au-
thority to reduce the total capital stock
Of the company by an amount equal to
the preferred per cent stock surrendered
for exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18

Liverpool Gables: Spot IN moderate demand;
American. 5000: Imports. 1900; American, T.
0O0 middling upland. 7.72d. Futures opened
quiet. point lower to u point higher; closed
steady at a net advance Of 5lsg6b points;
72sd: August-Sept. T1lisd; sept.-oet.. 9: SD;
Oct. -Nov., 6.sOd: -Nov.-Dec., 67Sd: Dec.-Jan.'
6.71hd: Jan Feb. 671d: Feb.-March. SID;
Msrch-April. April-Mav and May-June. 6tod.
New Orleans, June 1.-THE price OF cot
ton was forced higher to-day by steady buy
ing of the new crop for long accounts. At
It's best the market was o to ID points up.
A feature OF the day was the liquidation OF
the old crop months. The close was steady
carfa
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Bank Of Germany Return.

nerhn' June 1.-THE weekly return OF
s's imperial Bank Of Germany shows the
souOWlhs changes: Cash on hand in
leased S.s2s.OOO marks. loans increased
49, $500 marks. discounts decreased a.
- =. marks, treasury bills decreased
sso''V"o marks notes in circulation de-
= $500 80 "'sslco marks. deposits increased
80 sold on hand increased $685.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
CHICAGO GRAIN AND PROVISIONS.

c-h,capo. June l7.-Wheat to-day sold OF the
lowest prices here since 1907. The reason was ee-
lief that the promises Of huge harvest Were
now virtually certain TO be fulfilled. closing
prices were steady at some reaction, put ~
x nader last night The outcome In corn
was &c of to &c up, and for oats shade 10
&c advance. Provisions finished with gain
OF Cff22IAc. Range OF prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
sIfGAR.

No new feature in refined. ali renners hold
ing al 430c for fine graduated. Raw easier
and il was rumored that some sugar had been
sofa M 2lc for Cubas. cost and freight,
equal 10 8 sQc for centrifugal. The market
closed nominal at 339q3.45c for centrifugal,
2744i2 soc for molasses. and 2*42 I-loc Tor
T,uta. cost ana freight In London beet sugar
was ouiet Al o. Cd for June and July and 0s
~ for ki-rst ,vlih TIC curh ~ 2. "a ~.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18

The New York Central equipment AS.
recently purchased by ]. P. Morgan &
Co., have all been disposed OF.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18

Stockholders of the Riker & Hegeman
Drug Company at special meeting APP
proved a resolution reducing the board
OF directors from eighteen TO fourteen
members.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-18
Cash QUOTATIONS.
GENERAL MARKET REPORT.
New York, June II, 1914.
GRAIN.

WHEAT was again under pressure Of new
crop offerings; early prices were decidedly
weak. with heavy selling. At the decline the
market touched the lowest point reached for
a number of years. Some traders seemed to
fear ovcrsold conditions. and late in the day
there was a partial reaction, which left the
market kqSc lower although there was little
confidence on the buying side. Foreign mar
kets were heavy, owing to pressure Of offerings
from America as well as from India. The
early decline attracted some export demand
and sales were reported OF about 30 loads,
mainly at outports. In the local cash market
No hard winter wheat was quoted at 97Ac. C
1 ( n Y; new No . red, 90lsc, July shipment,
c {: No 1 Northern Duluth, 81 COZ, and No
Northern Manitoba. 81 02A, o b afioat. CORN
The market broke sharply early under re-
newed liquidation in the July position, and as
prices declined stop loss orders were en-
countered, which added 10 the general weak
ness. Late In the day the market rallied on
covering and final prices were &c net lower
to 1sc net higher In the local cash market
No yellow corn was quoted at S0hc, c l {
prompt. OATS showed some heaviness early,
but rallied late and closed steady at not un-
changed to nc higher. Local cash market
quiet; standard white. 4Sq461ac: No 2, 45lsg
47c No 3. 45iad45c; No l. 45645i1c; ordinary
clipped, 45iaq471ac; fancy clipped, 47Ql4s15c; all
elevator RYE-Quiet; No Western. 72c c /
New York export. BARLEY-Steady; malt
Ruff ali