davidaulloa/AmericanStories huggingface dataset:
Evening star., 1914-01-31
Weeks Reaction From Realizing.

quotations fell off slowly in the stock
market this week, until the reaction
was definitely checked by a strong up
ward movement yesterday. Both in
V.stment and speculative buying con-
tracred sharply by comparison with the
business transacted Oh the rise of the
preceding fortnight The reactionary
movement in progress during the greater
part of the week was regarded as
natural sequence to the extended up
turn which preceded it. and was due
largely TO realizing sales.
The turn in the market was largely
in response TO the striking Improvement
ia foreign markets. Reduction of the
discount rates of all the great European
hanks recently and notable increase
IN investment demand led up 10 buoy
ant rise in securities at London and
large purchase of stocks here for foreign
account.
Conditions continued 10 improve in the
domestic money market, and several
large bond sales were negotiated with
q degree of success which indicated d
distinct improvement in the outlook for
erlisting new capital. Copper metal
prices advanced. and reports from the
steel trade were optimistic.
Railroad returns, however. failed to
show betterments Most of the large
systems in their December statistics
reported heavy decreases in earnings.
Evening star., 1914-01-31
GRAIN AND PROVISIONS.
CHICAGO.

CHICAGO, January l.-deavy sho"
TODAY throughout the eastern half of the
winter crop belt pulled down the price OF
wheat The reason was that absence OF
snow protection for autumn-so"h heias
has of late been one of the chief sup
ports for the market. Predictions OF
larger world shipments, especially from
Russia. tended also to favor the bears
Price opened : To l.a;s lower ana SUI
fered a slight additional setback
Corn was steadied by the change TO "ln-
try conditions. II Was said shelllns and
hauling would be delayed and that feed
ing demand would increase. The open
ing was unchanged to Is higher and the
market seemed inclined to keep within
Il either way from last nights level.
Traders in oats governed themselves by
the action of corn. Business was only Of
a scattering sort.
Realizing sales by longs more than off
set in the provision pit the effect of higher
prices for hogs. First transactions varied
from 2i.a5 decline to , advance. but later
the market showed loss all around.
Evening star., 1914-01-31
OFFER MADE 0BUY
MINORITY HOLDINGS
John A. Kelly, President of
Franklin Insurance Co.. May
Acquire Entire Stock Issue.
WILL PAY $3.50 A SHARE,
COMMITTEE ANNOUNCES
Annual Report of Washington and
Old Dominion Railway Received.
Local Financial Notes.

Jo. ii \. Nelly president Of the Frank
3in Insurance Company, has offered to
sell out his holdings in the company
amounting to 20 per cent Of the stock
or buy in remaining 70 per cent of the
stock at the rate of So 80 a share, ac-
cording To an announcement made by
finance committee composed of James +.
Oyster. A q. Belt and Scott f. Welker,
which has been sent to all of the stock
holders. The capital stock of the COM
pany is 1onD shares of the par value OF
So per share.
The committee states that the book
value of the stock appears to be abort
s23.50 TO S24 per share, but that to
rive at this value every asset must
teriaiiZe as il is carried IL Is
probable that this would be the OF. me.
stockholders are advised to sell out
their holdings, and in this connection
the committee states:
The cost to stockholders of 1iquida-
would have to be kept intact until
every policy issued by the Franklin here
and elsewhere has expired. Some
policies we're issued for five years:
great many for three years, so that
the funds of liquidation would be tied
up for long period.
I'm the event of a loss the Franklin
Insurance Company is still held liable,
and If the companies in which the
Franklin has reinsured fail or do not
assets would be still further depreciat-
ed and the value of the stock further
reduced
The Franklin Insurance Company
has not been doing business since
January 10. All of its out-of-town and
local business has been reinsured; the
latter with the Boston Insurance
Company of Boston.
Evening star., 1914-01-31
Other Forms Also Used.

There are some other forms that are
used by Withholding agents and they are
these: Form 1o41. or the annual form of
fiduciaries as Withholding agents.
Form 1o42 or list return of taxes with
held by Withholding agents on income
other than that derived from corporate
obligations tsuch as coupons, register in
terest. etc.D. Forms 1043 and 1043a, month
ly and annual returns of banks and col
lectinS agents of taxes withheld on for
eign items. Forms 1OI4 and 1,44a, month
ly and annual returns of interest items
not accompanied by ownership certificates.
but accompanied by certificate of the
first bank as collecting agent. y proVi-
sion has been made by the decisions to
substitute collecting agents certificates
for those of the owners. and where this
is done the name and address of the col
lecting agent is put in the monthly re-
turns in place of the owners. Withhold
ing agents should know the things on
which they are not liable for the tax.
They are:
:. Proceeds of life insurance policies
paid upon the death of the person in
sl!red or payments made by or credited
to the insured on life insurance. endow-
ment or annuity contracts, upon the re-
turn thereof to the insured at the ma
turity of the term mentioned i'll the con-
tract or upon the surrender of the con-
tract tThis does not include interest in
come paid by life insurance companiesD
Uncertain Incomes Excluded.
>. Income that is not fixed and GER
tain Example, income derived from
professions or vocations. such as law
vers doctors. inventors. etc.
4. Value of property acquired by gift.
bequest, devise or descent.
J &. Interest OF the obligation of any
Evening star., 1914-01-31
NEW ORLEANS.

NEW ORLEANS January ;t.-Cotton
"Itned AT small advance in sympathy
vl;h mach better cables than due No
-reat amount Of strength was displayed
however. although small traders who
sold yesterday were disposed 20 cover
over the week end. The demand from
tlls source was larger than from longs
who were entering the market for fresh
purchases.
FIRST prices were five points UP and
the tone was quoted steady Weather
sorditons we're unsatisfactory over the
belt, cold and wet weather being consid-
cred likely to check farm work, and Offer
ii!eS OF the new crop months Were very
slender on moderate buying the mar
ket stood 8 70 points up at the end Of
he first half hour OF business.
futures opened steady February
- foaf2 a.; March. ;99.5nafeal; Nav.
le.5saf2 ., July. 1859 hid; October II ~,
7l.sI.
Futures closed steady at net rise of
70 = points
: lS-le; sales on the spot s,i1 bales TO ar
We l.+i; low middling. j. 1-16: strict
.ow 'nldGlinS. 1a3-ls, middling, Ie eI%-l6
strict middltng. Is oils: good middling
- lilo; strict good middiing, 1875: re
eei7ts. "a, ~, bales: stock .136a3 bales
Reports from Georgia that farm work
}h tAat state was unusually forward for
'Ass tt'ne az the year. and that owing to
"a unusually large supply of labor the
s-ereage wouio he increased this spring
'HcouraScd Snort selling and the market
ci OF under II untii the most active
'uonths were J 70 points under yester-
'ttE's last quotations The rank and file
Vu the snort side. however appeared
al.A.ous 10 s'e'.t" profits, and their pur-
-'iases Increased every point down.
Fne market Was tInaily unable to meet
'ie InGlity and prices reacted rather
strongly To- The highest levels of the
corning asasl The clos was steady
= net gain TO- the dag Of TO .
Evening star., 1914-01-31
LOWER PRICES FOR BUTTER.
Reduced Tariff Is Bringing Heavy
Foreign Importations.

NEW YORK, January s1.-An influx
OF foreign butter from all parts OF the
world. due To the reduction of the
tariff from !, To 2i2 cents q pound. has
caused d decline in the Kew York whole
sale price OF !" cents a pound since the
first of The year.
Batter has been coming TO tins city
from as far off as Australia. by way of
san Francisco. Three hundred thousand
pounds from that country has been laid
down here within the last two or three
weeks. Butter has also been shipped
from the Argentine. Denmark and
Siberia.
These shipments, butter dealers admit
ted today. have created marked uneasi-
ness in the wholesale market with the
result that there has been an unloading
of surplus stocks.
Today the best grade butter was SELL
ing AT "6l2 TO :. cents a pound whole
sale. The American demand for foreign
butter has caused rise of to 3 cents
pound i'll some Of the foreign markets
II is generally admitted here that the
price of butter in this country will he
kept in the future at lower average
.vel than before.
Evening star., 1914-01-31
HEAVY BUYING Of
- POPULAR SHARES
Best Prices of the Day IN Many
Instances Are Highest of
the Movement.
DESIRE FOR PROFITS
CAUSES A REACTION
Market Closes Strong. However.
With Demand for Great Northern
Preferred as a Feature.

new YORK. Ja..ua1 = -5;ecls AGAIN
~oveI - strongly AT tte openins today.
IRE was heavv having ~ ail the popu-
5r shares arJ saits of point or 50
eye mad. hr Union "a r Atchison,
madam i'acis-. Great Nerthcsn prefer
= q. Bethleaem Ste.l ard Pressed stee.
ts~-
steel reached s7's. le% nigh hgure Toy
movement Rock Island stocks were
gain heavy The conma1 lost u and
t... preferred iis
The advance was checked when cover
:; was completed. ana IT, market sag
I'D Weakness o. the Ecci. Island shares
--elerated she reaction which canceled
f5e cajns in TIE active stocks Rock Is
ri f5H 37s t. -. J'"i az preferred
To fs;4-
The market cioseG strong.
ISest prices Of tn, lay- v hIch II many
stances wefe tHc .iSh~st teures of the
raovernent were those reached on the
aperins advaur.- The c"urse of the
market thefeatter was irregular. a slump
which sent prices uuder Yesterday close
Aeius followed by d strong rally in the
.nsl dealings.
The reaction was dne largely 70 the de-
80 of traders to take profits and be out
5- the market over the week end
Evening star., 1914-01-31
COTTON MARKETS.
NEW YORK.

NEW YORK. January s1.-Retter
cables than expected and reports of
good spot demand We're followed by an
opening advance OF to in cotton to-
day The steady showing of Liverpool
was attributed TO american and con
tinental buying. Trading here was
moderately active.
Futures opened barely steady; March.
1921, May. f2Ia- July, 1901; August,
1I.s0: October II.5o
Futures closed steady; March. H. So
May. 12o9; July. 12.o3: October 1I5o
Spot cotton quiet; middling, 12..5: gulf.
I:.OS.
Cottonseed oil market closed steady
spot. ."Ta1.2": February, 11oa71-,;
March. 1-1saTI9. Jsu sold at Tts: April,
-: MAY. 7.3sa7.:;e; June 746a7 40
July. 1.a1a1.5s; August. 1.s7a7 20: Septeln-
9er. 7.13a7-s5.
Sales between first and second calls:
March. 1oU al us 100 at III. May. 400
AT rs; July, 100 at 7.56 Total sales,
2.IOo.
The early demand was supplied by
houses with Liverpool and Southern
connections, and the market broke .
or points under last nights finals.
but later rallied on renewed covering
and closed steady. az a net advance OF
{: % . points.
Evening star., 1914-01-31

state or political subdivision thereof
obligation Of the United States or the
pay of the President of the United
states. the judges of the supreme and
inferior courts now in office. of Off
GERS and employees of a state or po-
htical subdivision thereof. except where
1t is paid by the United States.
+. Income received from American
securities of corporations owned by
foreign citizens living abroad when
accompanied by proper certificate tNo
1000.
:. Interest items of partnership when
accompanied by proper certificate
ject to a like tax
g. Interest items of religious and
benevolent societies.
Evening star., 1914-01-31
Withholding Agents Duties.

The next question is, what are the
duties of withholding agents? !. They
should know whether they are handling
any income for which they are liable
for the tax on. .. They required to
see that all certificates filed with them
are made out on the correct forms and
are filled in properly. They should see
that the amount inserted corresponds
to the amount of the income items. 3.
They are to act as judge as to whether
the income items are exempt from taxa
tion as are provided for in the vari-
Gus regulations. 4. They are required to
make monthly returns in duplicat. on of
'all items from which they have deducted
tax. These returns, with all certifi-
Gates, if there are any Including both
those where the exemption has been
claimed. and those where it has not),
should he filed with the internal revenue
officer for the district in which the place
happens to be before the twentieth of
the succeeding month.
The certificates when the exemption has
been claimed do not have to be listed in
the return now, but are sent along with
the others The tax money may be held
or remitted monthly. Then there is an
annual return required on which are list
cd the collections of tax for the year by
month. and with this return the money is
sent which has been withheld. if il has
not been RENTED monthly. There are
Eve forms given TO the use of withhold
ing agents. Nos. l"i2. 1012a. l0l.b, l012c
and 1of.d. Form 1ol:. is used where there
are only a few items. Where there are
many items start with lo1"a, followed by
a many sheets of 1012b as are Necessary.
ending with form 1o12c. Form lOl.a has
the heading but oInitS the oath the
bottom. 1012b is used as filler and l0l2c
ends with the oath. This return shall
contain the name of the persons from
whom the tax is collected, the full ad-
dress, the amount of income received.
6P ha
amount of taxable income and the
amount of tax withheld. Form 1012d is
the annual returns and contains a de-
scripton of the thing from which the tax
has been withheld. the amount of income
of each, the total of all the exemptions
claimed. amount of income on which the
withholding agent is liable and the
amount of tax for which he is response
Evening star., 1914-01-31
BALTIMORE.
'l-pai-u % Inc Sjsr

s1.'t0ta- t7IEI7dt-H u - " '-7"'s
BALTIMORE. Nd. Jai.us,ry Wheat
dun and lower. spot No. red 91ia !;
Spot No. . red western G7ie; January
red, 31Ie: February Nc . red. 91i-;
March No. red, "9ls; receipts, 6a,.s3
bushels; exports, 500 busheis
Corn-Dull; spot contract. 81: January
%; steamer mixed, t1i'z: receipts, 1861
bushels; exports. fs,if; bushels
Oats-Firm; No. . white. ~ bid. stand
ard white. 49,. No ) white. i;;i2a 49,.
receipts -. SO bushels.
Rye-Steady; No. : western export, 65
asked; No. > western domestic. 6s ask
ed: receipts 20l7 bushels.
Hay-Steady: No. timothy un-
changed: No. ! clover mixed, unchanged
Grain freights-Quist: steam TO Liver
pool per bushel. unchanged. Cork for or
d-rs. per quarter, unchanged.
Evening star., 1914-01-31
WEATHER..
Rain or Snow and Colder Tonight
Sunday Fair. Colder

For the District Of Columbia. rain o.
snow and colder tonight. Sunday fair.
colder; brisk to high south winds. shift
ing to northwest
The southern disturbance of Friday has
developed into a severe storm central This
morning over northea stern Ohio and
general rains and SHOWS have fallen ea Isl
of the Mississippi river except in the
northern upper lake region and northern
New Eng 1ahd: feavy SHOWS fell in the
Ohio valley. Illinois. the southern upper
lake and western lower lake region. over
the western half of the country the
weather was fair, except in the north
Pacific states
It is decidedly colder in the Atlantic
and guilt states. although temperatures
are not low. and warmer in the central
west
Storm warnings are displayed on the
Atlantic coast from Eastport to Hatteras
Inc winds along the New England coast
VIII be nigh northeast and east becon-
ing west Sunday over south portion; on
the middle Atlantic coast high south
shtt1ng to northwest; on sthe south At
lanuc coast moderate to risk southwest
TO west; on the east gulf coast moderate
west, becoming variable
Records for Twenty-Four Hours.
The following were the readings of the
thermometer and barometer at the
weather bureau for the tNenty-four
hours beginning at . pm. yesterday:
Ihermometer-Yes yesterday, 4 pm. 80, s
pm. 81; Il midnight, 40; today. 4 AIN.
-; am. A.; l. noon, 6I: . pm. IS
Maximum, - at 3 pm. yesterday: mini
mum. AZ at $ am. today.
temperature same date last year-Max-
imum. a. minimum 30
Barometer-Y esterday, 1 pm, SOIL; s
pm, 3o1f; Il midnight, :o.p9: today. I
d m, @9a1; a m, -; l. noon, - -
> pm. 2?fa.
Tide Tables
Today-Low tide. 5:51 am. and go
pm; high tide. 11:4o am.
Tomorrow-Low tide. 6:2s am. and 100
pm; high tide. 1902 am. and 12:2e p. m
The Sun and Moon.
Today-Sun rose. 7:os am: sun sets
90 pm. Tomorrow-Sun rises, .:o7 a M !;
sun sets, 5:21 pm.
Moon sets 1912 pm
Weather in Various Cities.
Evening star., 1914-01-31
LIVERPOOL.

LIVERPOOL. January ::I-Cotton-Spot
t,4et. priee a. easier. faiddling fair. 761
-sood t.lida.ing. - rniddling. 7O5. low
u. d'lllne. G-.@. Sood ordinary 6o3: ordi-
'-ary- ''-6f- Sales s.vD bales. including
zoo American and SEQ for speculation
md export. Receipts. .,un bales: no
american.
Futures closed steady. February, esssa;
february and March. 6.ssIa; March and
> prii. 6 7oie; tpril and MAJ. 6SsIz; May
lad June. 6.ss. June ana July. 6.6ii.;
-ulN and August 66ot1, August and Sep
'tmber. G.i9. September and October
:, ,.i-t.; October and November. 6.2;ia; No
teuiber and Deceniber 6.l9i1: December
s.std January, 6.1s; January and February,
as
oon Official cIosins-January. 6611s
value, January and February, 667 yaiua
Evening star., 1914-01-31
Banks Complete Payments.

Local banks today completed the pay
ment OF interest on government deposits
held by them. Interest was computed up
to December 81. 1913, and payment was
made at the rate of > per cent a year.
Several banks paid to the Treasury in
terest amounting to as much as 5000
anu one or two paid amounts greater
than that, The interest was on all gov
ernment funds held by the banks Some
OF the banks made their payments early
in the month. while others deferred doins
so until later. They We're REQUIRED to
make payment some time during the
month of January.
February will be the seventieth an
niversary of the issuance of the. first
policies by the Mutual Life Insurance
Company of New York The first poll
cies We're issued February !, lS43
which was before any other existing
company had begun business and en-
titles the Mutual Life to be termed
the oldest life insurance company in
America"
In 1913 the company paid to policy-
holders and their benefciaries in
death claims, matured endowments
dividends. etc, the sum Of ss375.,-
a92.o1.
The payments to policy holders in
1913 included cash dividends to the
amount of sf...0I.430.49. while for div
idends payable in 1914 the company
has appropriated the sum OF s1S,o.S
540.Ss.
The total insurance in force at the end
OF 1913 was 81 sos, 1885, .01S, a net gain of
S41J1s,o15
The real estate holdings of the com
pany (book value) at the close OF 1915
amounted to S23, 54S, ,626.96, or less than
4 per cent of the companys admitted as
sets.
The Treasury Department has mailed
letters to the national and state banks
and trust companies which signified their
intention to join the new federal reserve
banking system, asking for an indication
Of preference as to the location of the re-
serve banks to serve their districts
Evening star., 1914-01-31
Rock Island Weakness.

Another bearish factor was weakness
Of Rock Island securities on the news
that the Rock Island holding company
probably would be dissolved. and that a
friendly reeeivership might be necessary.
Rock Island common broke 2ss to 12ss
the preferred -. TO lsi., and the cal
lateral Is rs TO AZ
These securities rallied with the rest
OF the market on the lste upturn. of
which the demand for Great Northern
pr. .ferred was Il feature This stock
touched 1%2la.
Roods ,Irrts firm
Evening star., 1914-01-31
LOCAL STOCK EXCHANGE.

Sales-Resular cal, 1c O'Clock nooa.
.apltal Traction -. 500 a 1"s'..
Washington Railway and Electric 4. 500"
+ 81.
Potomac Cons ;,s 81 900 a 100. So e.lo al 1oa
Capital Traction. / at 1l2ia. At ll2la, /" a.
Washington Railway and Electric pti,, IS a '".
Washington Gas, ~ >4i4.
District National Bank at 1851.
East Washington Savings Bank 700 a. 10.
After calI--W ashinston Gas, - at >4i..
Mergenthaler, 10 at a1GI,, l" at .i6i, !" al
loi4, ) at 21Sit.
Washington Gas IS. $500 al l01.
G0HERNMENr RnNnS
Evening star., 1914-01-31
NEW YORK CURB PRICES.
LONDON MARKET.

LONDON, January 31.-Yesterday's set
back on the stock exchange was not in
evidence when the market opened today
and the upward movement was renew ed
in practically all sections under vigorous
buying. American rails. Rio Tintos and
home rails were the tirmest features and
Paris buying helped the improvement in
miAing shares and foreign securities.
Consols closed an eighth dearer after
early weakness
Americans securities opened steady and
a fraction higher and continued to ad-
vance on good buying.
Evening star., 1914-01-31
NEW YORK STOCK MARKET.

tulnishej by y. B Hibhs K Go,
bankers AID orokegs. !iibbs building.
members Nv York stock E~e hang"
Washington SIsrk Exchange and Chi
. go Eua1u of Trade
Evening star., 1914-01-31
INCOME TAX PAYMENT
MADE EASIER BY RULING
Obstacle to Prompt Returns Re-
moved by Decision to For
ward Forms.

To make il easy for taxpayers to meet
the requirements of the income tax law
and to remove every obstacle to PROMPT
forms collectors of internal revenue that
blank forms of certificates and other re-
quired forms will be provided at request
by tie internal revenue bureau through
the collectors. This is the purport Of
Treasury decision 1899. just issued
Private corporations and others desir-
ing to have these forms printed for them
selves may do SO if they will strictly OBJ
serve the requirements of the depart
ment as to size. print and contents of
the forms and certificates as prescribed
by the regulations.
In pursuance of the desire of the de-
partment to furnish every possible IA
cility to aid taxpayers in complying with
the law. requisition should be made for
such quantity of the various forms as
may be found necessary in each collec-
ton district. and these forms will be for
warded Immediately upon application
Warning Against overstocking.
Attention is called, however, to the
fact that large stock of these forms
and that for the present particular eau,
tlon should be exercised so as not to
make requistion for more than the alb
solute needs OF each office. 1t is con-
templated that in the near future :.
combination of certain forms of certif-
icates may be arranged for. and these
consolidated or combined certificates will
be furnished soon as practicable
When such combined certificates shall be
furnished the Use of the older or original
certlficates-that is, those now in use
should be discontinued at the earliest
possible date.
In another decision extension Of time
TO April is granted for the Use of forms
1901. 1907 and loni. adapted TO the re-
qulrements OF foreign organizations. part
nershipS and fducaries Withholding
agents may accept returns on these forms
at any time up TO the extended date Of
expiration
Evening star., 1914-01-31
Closing Prices.

The closing was steady with prices
from 4 to a point above parity.
The supply OF money was large and
discount rates We're weaker. Consols for
money, 76; for the account. 16; Pennsyi-
vania. 80; Reading. s1a4 Union Pacific,
1863; United States Steel. ~. Bar silver
steady. 70 lid Money, iaIl4 Short
bills, l'sa2. Three-month, > per cent
Evening star., 1914-01-31
NEW YORK FRUIT MARKET.

NEW YORK. January 3l.-Evaporated
apples. quiet. prunes steady: apricots
aue;, Jut iiIm; peaches quiet; raisins
dull.
Evening star., 1914-01-31
NEW YORK METAL MARKET

NEW YORK. January 31.-The metal
markets were quiet and nominal; copper
firm: lake nominal: electrolytic IA 15a
l4.S1ia: casting, 1f.31 a1t.6.1. Iron
unchanged.
Evening star., 1914-01-31

Il paws TO read the want columns OF
The Star. Hundreds of situations are
filled through them
Evening star., 1914-01-31

OUn OlnC.aI CIoSlns-January. 6biE.
alue, January and February, 6.67 value