davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1914-12-01
LOAN CERTIFICATES
ALL CANCELLED
Clearing House Commit
tee Announces Further
Progress by Banks.

The Clearing House Committee Of the
New York Clearing House Association
announced late yesterday that all loan
certificates issued shortly after the
outbreak of the European war and tho
closing of the Stock Exchange had
been retired. AS a result the detailed
bank statement will again De pubiished'
beginning next Saturday.
The aggregate issue or Clearing
House certificates between the date OF
the first issue on August 3, 1914, and
the date of the iast issue on october
is was Sl24.69b, ,O00,, and the largest
amount outstanding at any period was
SlO9.1S5,000 The largest amount put
into circulation by the banks was S5i,-
$4,000.
The banks first began cancelling
their loan certificates on August 20,
and the last cancellation was COM
pleted on November 2S, 1l8 days after
the first issue.
Figures giving the collateral depos-
tied for the certificates showed that
1924. .465. 900. or 50.7 per cent, was com
mercial paper; S163, ,S73, 900, or 800 per
cent. bonds and other securities, whlle
S63 .S36. 900, or 1873 per cent, was IN the
form of collateral loans. The totai
amount Of securities deposited was
s462.174,O0O.
Clearing House certificates issued
during the period from August to
October 10 broke all previous records
Ten times in the history OF the asso-
citation has it placed itself on a certih-
cate basis. the first time in 1860, when
in the three months following Novem-
Der S7,375,O 900 was issued.
The largest amount of Clearing
House loan certificates issued 10 the
hanks prior to the present year was
during the manic of 1907. The aggre-
gate amount was two and one-hali
fines as large as the issue OF 1875
which up TO then was the maximum
amount that had ever been put out
In 1907 the amount issued was SlOl-,
O6O. 900. and the maximum outstandlng
at any single period was SSS,42O,0oo,
on December 16. When the crisis had
been passed the stronger banks formed
a pool TO aid the weaker institutions
in retiring their certificates.
The first certificates IN lyO' were
taken out on October 20, the hrst can
collation. was made on November IA
and the final cancellation TOOK place
Nav 2S, 1908, twenty-five weeks alter
the issuance of the first certlhcates'
Dnr;ng the panic of 1898 Clearing
House certificates were issued over a
period of nineteen weeks. The aggre-
Gate issue was 41.49000O, and the
maximum amount outstanding at any
time was S3S.2S0,000.
In financial circles the announce
ment that the Clearing House banks
were so we'll supplied with funds that
they no longer felt the need OF loan
certificates for payment OF balances was
regarded as one of the most tangible
evidences of the improvement in the
financial situation. That both time
and call money are now loaning at Az
per cent, with little borrowing; and
the large excess reserves Of the banks
were considered further proof that
money conditions would continue easy
New-York tribune., 1914-12-01
MADE IN U.S.A.' ON STAGE
Newest Trade Movement Has
Debut at the Hippodrome.

Ii was "Made in the U. S. A." night. at
the Hippodrome last evening; During
the intermission brief speeches were
made by Colvin B. Brown, former
United States Commissioner to the
Balkan states, and George +. Curtis:
The affair was under the auspices OF
the Made in L. S. A. Club, and officers
of the organization occupied boxes.
Mr.. Brown, who is member of the
Panama Pacific Exposition Commls-
sion, said space had been reserved for
"Made in U. S. A." exhibits.
Mr.. Curtis said the object Of the or
ganization was to unity American pro
ducers and manufacturers to take the
utmost advantage of the opportunities
offered by the European war Although
the club has been in existence only
month it has already received the
Endorsement of sixty boards of trade
and chambers of commerce. The uoV-
ernors of thirty-six states have prom,
ised cooperation and have been named
as honorary vice-presidents
New-York tribune., 1914-12-01
TO PROBE FREIGHT
SITUATION In WEST
|. c. c. Suspends Tariffs Viii.
Were To Be Effective To.
day Until March 81. 1919

Washington Nov. So.-Invs,,,.,
of the railway freight rate sitp.,;.
western and middle Western territor,
was ordered to-day, when tho r,,.s
Commerce Commission suSnsna.s
tariffs filed bs Western carrier, ="
come effective tomorrow. IND.
commissions ruling, the new s.h., ,"'
and the various regulations and cb,,..
for special services included !, :,
tariffs cannot become effective we
March 81, 1915, having been postras's: veI0's
pending hearing and decision tSa tgSonsa
on" 'ner.
In a general way the Western 49,
riers sought 10 advanc. rates ~ .aH
formity with advances recentlv sn,I;t, a. Jyn,
for by Eastern carriers in the so.csIisa rsnss
5 per cent freight advance rate 'sa.a s..
now. before the commission on rshase' use
ing because of emergencies sad 70 oIvI. Saa.
arisen from the European war 's
New-York tribune., 1914-12-01
WOODEN CARS
SUBWAY MENACE
Chief Engineer Tells p. 5. Board
Big Tubes House lnflam-
nlabie Material.

Clifton ". Wilder, chief electrical
engineer Of the subway, informed the
Public Service Commission yesterday
that the big tubes used as passageways
for composite. or steel and wood, cars
we're nothing but fretraps. Besides
looking into the advisability Of order
inc the lnterborough 10 use steel cars
exclusively, the commission is lnvestl-
eating the charge that inhammable ma
terials, such as oil. rubbish and wooden
ties are transported or stored IN the
subway.
"At present" Mr. Wilder testified,
"tharc arc 476 composite or wooden
passenger cars IN the subway. In
addition 10 these there are wooden
service cars--those used by the Inter
borough's workmen. The so-called
eomposite cars, which are built OF
wood inside and have wooden side sup
ports. were the first cars TO be run
in the subway. These cars, Of course,
are not as strong as the steel cars.
II follows that they are always very
dangerous in collisions.
"When there is a crash in the sub
WAY. fire 20 the wooden cars Is the
first danger % fear on account OF the
third rail. We have had instances
where the steel cars have stood the
heat from IRE in the subway, while
tnc wooden ears burned fercely."
Among other conditions in the sub
ways, these were reported:
Open paper cans at practically all
the stations, where matches and cigar
and cigarette butts can be dropped
with impuniiy.
Glass carboys Of muriatic acid stored
at various stations along the line.
Two hundred gallons OF kerosene
stored at the Il5th ST. station.
One thousand gallons Of kerosene
and rubbish stored at the 1884 st., sta
tion.
New-York tribune., 1914-12-01
INFORMATION BUREAU.

Inquiries relating to trade matters and conditions
should be addressed TO the editor OF the Buyers
Column.
Question: received a check from a
concern in the South that was forty
days past due, and the discount was
taken off. The check was returned to
me marked no funds. ] then wrote the
firm explaining that the check came
back, and then they sent me another
This one was also returned and marked
no funds. | have written to them at
least five times and have not received
an answer. Kindly advise me what to
do =? Sincerely, L. NJ. Answer-Consult
your lawyer.
Question-Is it possible for a sales
man to travel in the South on S35 a
week. No trunk is taken. Many thanks.
Charles X. Answer-lf you do not take
big jumps ard seek no pleasures, 1t
can be done.
Question-Is Hearn's sample room
open on Saturday? Appointment. An
swer-Yes.
New-York tribune., 1914-12-01
BOND TRADING
AGAIN QUIET
Full Day in Stock Ex-
change Shows No Great
Pressure to Sell.
CALL MONEY LOANED
AT LOWER RATES
Further Indications That Trad
ing in Stocks May Safely
Be Resumed.

Trading on the Stock Exchange yes
teiday, the first full days test OF the
experiment 20 resume business IN
bonds, increased Wall Streets feeling
OF confidence that there would be no
h5a0rmslly heavy liquidation when the
doors were thrown open wider by per-
SaittiLg dealings in stocks. IL was
thought that the frs. attempt TO carry
Cu. this plan wouiG be 20 transfer the
business that is now done through the
exchange clearing house 20 the trading
foor. The days business vas not at
tended by any excitement, and there
was no evidences or liquidation.
Che outstanding feature Of yester-
days developments toward normal con-
Gltions was She resumption of lending
around the call money post on the
foor @! the exchange. Since operations
we're suspended On July 81 there had
not Seen in the strict sense OF the word
NJ offic!al call money market and IN
the last four months funds of this
character had been loaned as the result
of private negotiations.
Five per cent was quoted at the
opening, but the rate soon declined TO
az per cent, and later in some excep-
tional cases call money was offered as
low as 1 per cent. II was estimated
that the total offerings for the day
were Sl0,000,000. There was also an
active business in time money yester-
day at ~ per cent for all dates rang
ing from thirty days to four months.
No list of minimum prices was made
public by the Stock Exchange special
committee of five yesterday, and it was
understood that no further announce
mcnts regarding the levels below which
bonds may not be traded in would be
made. The committee made a special
ruling that all purchasers Of bonds
must promptly report whenever deliv-
cry is not made by 2:15 p. m. on the
day following the purchases. The COM
mittee also ruled that on all loans OF
securities between members, as we'll as
on contracts for securities still unset
tied, the interest to and including No
vember 80 must be paid to-day.
That at least a partial resumption
of trading in stocks on the floor of the
exchange ought not to be fraught
with danger of large selling orders is
shown in the statement that about
eighty railroad and industrial stocks
are now being dealt in through the
clearing house on New st. at or above
the minimum prices permitted. The
f.11
New-York tribune., 1914-12-01
WAR TAX CAUSES
TWO BIG RUSHES
Some Hasten to Pay and
Others Speed to Save
Having to Paw.

Charles w. Anderson, Collector OF
Internal Revenue, and his staff did the
heaviest days work in the history OF
the office in the Custom House yester-
day. The time limit on the payment OF
the special war tax, recently levied by
Congress, ran out at 4:3O p. m, and
more than 5000 small dealers visited
the Collectors Office during the day: a
crowd, almost as large, stormed COL
lector Keith's Office in Brooklyn.
Those who did not pay yesterday are
subject to a 80 per cent increase IN
the tax as a penalty. Collector Ander-
son had no figures last night as to the
amount collected yesterday, or the
number of delnquents who did not ap-
pear. II is expected a large number OF
the latter will be found when the lists
are checked up.
Those upon whom the penalty is i'm
posed have thirty days more in which
to pay. If they fail in that time TO
contribute their share toward the
500, 100000 Uncle Sam says he needs,
they are Liable to a fine of $500 and
six months at Atlanta.
The crowd yesterday was made up
mostly OF small store keepers, pro-
prietors of barber shops, drug stores,
amusement resorts, billiard and pool
rooms; in fact, all who sell tobacco.
A good many proprietors OF motion
picture shows also went to pay their
tax.
The taxpayers were divided into two
classes-those who had to pay fixed
amount, such as the proprietors of the
aires and pool rooms, and those who
purchased the special war tax stamps,
which must be affixed to wines and
liquors, cigars and other articles.
The Registers Office also put in one
Of the busiest days in its history. In
that case, however, the rush was
caused by those anxious to avoid the
first payment of the war tax on real
estate documents, which becomes etfec-
tive to-day. As a result, record num-
ber of conveyances of property were
placed on the files.
Beginning to-day, every deed Of con-
veyance will require a stamp 10 the
value equivalent to 81 per $1,000, rep
resented by the equity in the property
to be conveyed. That is, if property
is valued at 10000, and is mortgaged
for $4,000, the tax TO be paid is on
the $4,000 equity, which would re-
quire $40 stamp.
Other realty papers taxable are
bonds and acknowledgment certifi-
Gates; the latter require lO-cent
stamp, and bonds, if they are individ-
ual, 80 cents, while five cents a 800 is
the tax on bonds of corporations.
Mortgages are not taxable.
New-York tribune., 1914-12-01
NOTES OF THE TRADE.

A buyer from the South reports that
he has purchased one thousand ladies'
skirts that he will sell at 81 eacn'
These skirts should sell regularly from
SO to S5 each. The price paid for them
was $40 a dozen, less 3 per cent cash:
The manufacturer was in need OF
money. 1t is the wideawake resident
buyer that paves the way for sales Oh
this kind.
Trying to push the slogan, Business
is good" salesman reports that ne
called on a manufacturer and askeu'
"How Is business?" The manufacturer
was thinking of the business is good
slogan, but wanting to use his own way
in answering the question, replied tnss
business was even. The salesman dld
not understand his answer and asked
what he meant. The manufacturer then
said: 81 will explain why business IS
even. Yesterday / shipped out pack
age. and to-day one came back. Al any
rate that is better than saying that
business is bad"
A department store in the West is
going to try a new scheme to increase
sales in the embroidery department:
Sewing circles are being formed, and
any woman living in the town may be-
come a member without cost. There
will be four circles meet each day, ana
each club will meet once a week. This
will make q total of twenty-four cir
cles a week. There will be an in
structor, who will demonstrate various
new stitches in the art of embrolder-
ing. An afternoon luncheon will be
served free Of charge. All that is asked
in return that each member buy her
sewing materials and embroidery
pieces at the store. This Is a bright
idea and should meet good success.
A line of industry affected by the
war which has received little notice so
far is that of supplying mourning
goods. Max Greenberg & Co., 30 to 80
West 26th St, known as "The House OF
Black" has begun to feel the effects
of the steadily swelling death roll in
Europe, an order having just come in
from their London house for prompt
shipment of a large number of mourn
ing dresses. These will go out by the
first steamer, and there are intima--
tions that many similar orders will
follow soon.
New-York tribune., 1914-12-01
COFFEE EXCHANGE OPEN
Prices Higher Than on Satur-
dav. but Far Below July 80.

Business on the New York Coffee
Exchange was resumed yesterday after
having been interrupted for four
months. This is the last of the big
exchanges closed on account OF the
war 10 reopen. Trading proceeded
with an entire absence of excitement.
Prices at the outset were to IA
points above quotations made through
the liquidating committee on Satur-
dav on limited business, and final quo
tations were about the same, although
showing a decline of 130 10 l47 points
from the closing bids of July 30. OPP
erations were confined mainly TO the
December position, and there were
signs that England was purchaser
of that delivery. Spots were steady at
recant quotations.
New-York tribune., 1914-12-01
HENRY LOSES APPEAL
New York Banker Must An
swer for Congress Contempt.

Washington, Nov. 30.-The appeal Of
George G. Henry, New York banker,
from the decision of the New YORK
courts, holding he must return to
Washin9ton to answer 20 indictment for
contempt of Congress for refusing TO
give information TO the money Trust"
Investigating committee, was dismissed
to-day by tie Supreme Court.
Tic decision was on e haboas corpus
proceedings brought by Henry to resist
removal TO Washington. Henry re-
fused 20 give the names of national
hank directors who shared in syndicate
onorationg in California Petroleum.
New-York tribune., 1914-12-01
FIRE RECORD.

~.
5o-2oa Z 18th st. George sssel and others:
iO000.
aJO-East Chester Road and Pelham Parkway
automobile. Charles Cohen: unknown.
s.5O-252 w 3ist a. John Nolan: trifing
64S-s39 Sth 81. Harry kaik.
7 T.3O-sO4 Columbus Ay, Mrs. Brady: trifing
s2O--3s6 Clinton 81. Morris Iepow trinng
iOSs-5il 10th Av. Andrew Lnn slight
III OO--lll Cannon 81. Samuel Weinberg: trining
ii SOS Brooms st. Sadie BENJAMIN. slight.
4. NJ
IL a.gO--lO5g Tiffany 81. 4. Redey trifing
il5-l6OJ Madison av. BENJAMIN Jacobson q
Bro $500
l.25-l603 Madison AV. BENJAMIN Jacobson Bros. !:
$500
2is--ssi T. i3Tth s.. sarah Zarclsky: trirlng
giO-s0'itheaf corner fSth 81. and Avenue
Presbyterian Hospital. unknown.
aiS-7l East lilth st.. Louis TIbert. trnng
a l5O-ls0th Il. and Grand Concourso. BrOn1 Will
lam =. Armstrong unknown.
5.2s-ioO y. ss,h At. Presbyterian Hospital: un-
known
6s5-ss9 Broadway. l.. Lrlnof: s.. 600.
f.l0-Foot Of Desbrosscs st. Prnnsylranla Rail-
road. trinlng
Tso--s D. "a s. Glniell a Forsosh; t2coc
Il .l0--gi2 T. SD st.. August Jacknick: trdins.
"A ..g-A Sxu-sS -. Axxx AxxssGiA. &eaa
New-York tribune., 1914-12-01
FIRE DEPARTING

DsAth-Ga grade). J. T. Conway. Eng 90 ~,
2s Funeral. 39i y li5d s.. The Bronx. sgo a
m. Dee ?
Dec l. assigned 10 Eng 200
su,psndsd-No,. 2s. hreman list gradel. G. A
Schwetle. Ing 80
Il DENIM. ~ A l. los. n hours Nov go
Lieut.. J. Hushes. Hoe Z, IS houn. Nov 20: nrs
man ilst gradel, A. BE hmAn. Lns. q. y hours
NOV 30. Capt j. l. Benson. Ina 90. II hour.
New-York tribune., 1914-12-01
NEW JERSEY CHARTERS.

tBy telegraph to The Thbunsl
T--1,on. ~ j. Nor 30.--New Jersey Post Card
90 NeUArk, fYusenr cards; $4,000. u. F HAu-
do A. H. Palmer Harry lawson. Newark
1yniian Bal c. Newark; $50 900: Wiilisn Bal
A d. Gfor Newark; s. e. Hiekson Arlington
Center Township Water Co. HAdd0n fsishia;
$50 900. q A AiIrch. Aglubon. G. L. Ps,efson,
AIsr.aa. Csc. u Aldficl. Audubon.
New-York tribune., 1914-12-01
u. S. Treasury Finances.

W.sbingtsn. SOy 30 The condition II the
United eiatea Tfessuy II ne beginning q buti-
-. to-dsy VS.. ket balance in general fuud siZ-
80 tfs. total fcceips Saturday. il5s2. iGJ. total
usva,enif Gaturdsy s.. .03sS51. The deficit this
fsesf ycaf II 81. $50 no against dsndt - s..
sl4 ~ 'ssi yfsf. et-los.ge u fan4ma CanI an
public lsDg ua1sacugas
New-York tribune., 1914-12-01
Deeds Must Be Stamped.

Edward Pojak, Register Of The
gyonx. reminds lawyers that from to-
gay certain instruments presented for
r1eord must he stamped under The war
.41 act
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-02-11

lvANTED-Three or four hours:
stenegraphic work daily by stens
ographer with permanent position.
but with leisure time. Address
3: VI. care West Nirgiaian. I 21atti
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-02-11
coXEY FOR GOVERNOR.

MAsslLoN, ohioI Feb. Gen
tral" j. s. coxey, leader, of an army
Of unemployed men from aiassillon to
Washington in 1889, today announc.
90 his candidacy for governor Of Ohio
On the Socialist ticket, at; the pri-
mary next August. Socialists Sol
.t;uyahdga and Wayne counties, at /,
tteint meeting nominated Coxey and
sent his name to the secretary Of
esatc at Columbus. Coxey said to-
cay lie would conduct a vigorous
campaign. Z
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-02-11
Old Fauorite
Songs For All
BEABFIFgI veIusIE 1IIusTRAT
Ed WITH SPLENDID poR.
TRAITS Of GREAT
ARTISTS.

- y =. "a
How many ofs the dear old songs
have you in your homea How many
times have you wished for some old ID
g fayortte which q passing thought
b has I. brought to your mind gS And
Oh, how dear to memory are the old
t airgFss!! What would you give t. Il
b have q complete collection Of these
Old Old fayorites. words; music and ala Il
y ! on on never saw a coll lection Of this
Kind and yet YOU have always
wanted It. s''is'.' &
With this thought In view. The
West Virginian has arranged To
take up the distribution Of a volume
called Songs That Never Grow
Old Here are ali the old fav,;o es
4il together. including songs Of
ltpme, college, sacred, patriotic, love
aid operate songs, as well as n; M d
tional airs Of different countries.
These include German, French, 1ta.lE.
ian and English songs. the dearly
beloved songs OF ireland and Scot.
land, and many others that are Ia:
miliar to everybody.
THESE Old fayorites have been
complied and selected with the . III:
most care BY the most competent al.
thorities, are printed and bound iii iii
together, making seven song books
in one volume: There are Il two two
styles of binding. one in art bristol
covers and the other IN heavy Eng:
iisli cloth. The con tents are tic thc
same but Of course. the cloth binding
is more durable, ana with ordinary
care should last a lifetime. 1t ii
stamped in gold on side and back:
is fiat-opening, and usual conditions
such a book could not be sold for
less than $3.50.
A most attractive innovation In
this edition are the magnificent ii.
Illustrations. These consist Of a rare
galaxy of sixty-nine wonderful por-
traits of the worlds greatest vocal
artists, many in fayoritc costumes.
The list includes Caruso, Tetrazzinl
slezak, Melba. Farrar, Bonci
Alatzenauer, Goritz. scotti. Frenl.
stad and almost fifty, others. Mont
Of these portions have ever before
been shown in work of this char.
acter and they are all reproduced
from copyrighted photographs
which have been approved by ths
artists themselves. Every readci
will want 10 possess this rare and
unique collection. but can get il
only through The West. virginian,,
In another column of this ISSUE
will be found coupon in which i.
explained the plan OF distributing
this beautiful book Of old fayoritt
songs. Readers arefurged to lose!ne
time in familiarlzing Themselves
with the plan. Read the. displa,
announcement in this issue, aud
clip the coupon to-day.
~ - ~ IsN
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-02-11

led tiieir talifd lest Well Oh. the Alya
Gage farm to the sBerea grit and i,
Is showing for a 90 barrel per day
producer This well Is located $50
tect southwest of the same com.
pany's second test on this farm. In
the same Vicinity Stephan, Roseber
and Mills are rigging up for a sec.
iond test well on the y. ". Male
farm.
ln the deep sand territory near
Jackson township. Perry county
Neneil and Keating have completed
their initial test well on the j. C.
'ea!;t1.f farm and have 35sbarrel
per5day producer from the Clinton
sand!
In Monroe township. Harrison
county. the Barricktown Oil Com
pany. las completed It's No. &c well
on the Barricktown heifss proper.y
md st will besa very light producer
from the Berea grit.
In the Caldwell pool, in Buffalo
township, Noble. county, j. G. Lar.
tick and Brothers are in the Bera
grit with their second test well on
the II. "A. Gregg farm and have a
light showing of oil.
In Enoch township the Clipper
OIL and Gas Company is in. the Buel
Run sand &itllsits fifth well on the
Joseph Miller farm and has a light
showing Of OIL i3.sasi ~. ~
Il Near Grandvicw, on inns run, In
Jackson township, Monroe county
g. G.sstovef has completed his init.
al test, weldon the Fan Rivers farm
through the Big Injpn sand anu
found that formation Z dry This
well found all sands non-produc,
tive except tho big Lime, which
will give u very light production
The nearest production 10 this well
iis the Stone Bridge Oil Company's
development about tliree-quarters OF
a mile east where some production
has been obtained on. the William
Eaton farm.