davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1914-06-13

Baltimore. June l2-HAY-No. tinothv. lsoa
ls o standard timothy. E5oaIsoo; No ? ls ;0a. 90;
No J. liO1al5o; light clover mixed. 6 SslI0;
No l 10 0nal6 80; No . l3ooaf5 %; heavy. l5oa
$50; No l clover mixed. b.ooal5.S; No. :. lS"z
400; no-estAbshed grade. lo.Ooal2oO: sanrie haS.
as To kind quality and condition. s0aio0
STRAw-No. / straight ne. new. l5cal5s 90 No.
straight rye straw. new. H5oals0o; No. tangled
re straw II 5oaI2 90; No ! wheat straw. s5oas %;
wheat straw No. .. Tooas 90; No Oat straw. lo5oa
IIoo: No cat straw s.S,aloo.
LIVE PoULTRY-Chickens. old hens heavy. le..
I7l,als: do small to medium. IL: do. old ROSTERS.
b. losIl; do, younS. large. per lb.. 3aS; do.
rough and str.ggiy l3al5; do. spring averaging l
to II. lbs Ea3s; do. smaller. springers. H.. Jay;
ducks Ii, l2a5: do. muscovy. ID. llsl2 sIEing
ducks ) lbs. and over. IS lb.; pigeons Young.
pair >: d.. old. pair %: guinea fowl. .
EGGs-MslJland. Pennsylvania and rhy hrsts.
dozen, %; Western frsis per dozen. ?; west VIZ
GINA rsts dozen. %: Southern frsts. per dozen. s
BUTTER-CrearcTy. fsrcy. Tsr H.. 2si-a5: do.
choice per H.. GIsaesi.: do. good. H.. "a
s5ia do. print, gs3l: Maryland and Pennsy /
ranis rolls Isisals: Ohio ard West Virginia rolls
1874 dairy prints Isi store-T acked ISL: Maryland
Virginia process butter. 2la3-
The Washington herald., 1914-06-13
Finance and Commerce

ton, w. Va, - the Kanawha River. Its
transmission and distribution lines are
about 12s miles in length and extend
through territory containing over 90 pro-
ducing mines.
II Is understood that A. B. Leach & Co,
OF New York. have. purchased S.soo.coo
first mortgage per cent bonds OF this
company and will offer them at an early
date. In connection with Lewis Johnson
& CO., of this city.
Crane. Paris G. Co. are offering for
sale LOO, 900 worth of the recent issue
of Washington Railway and Electric con-
solidated mortgage per cent gold bonds
authorized by the Public Utilities Com
mission to retife $4,000 worth of Column
bia Railway Company per cent bonds,
and like sum of the same company's
pex cent bonds maturing october l next
Gross earnings of railroads for the first
week in June were unfayorable despite
reports that business was improving
slightly Thus the Canadian Pacific
Northern. $4,000: Missouri Pacific, $4,000;
Kansas and Texas. $40. 1sS: Western Paci-
fic, SIS. 400. and International and Great
Northern. sll.0o0 However. there were
exceptions, for Chesapeake and Ohio
gained sl4.o27, while Minneapolis and St
Louis increased $.2e9.
Census Bureaus report on consumption
of cotton in May, out this morning at
10 o'clock
The Washington herald., 1914-06-13
WEEKLY REVIEW OF TRADE
Promise of Prosperous Crop Year Tends to Strengthen
Confidence in General Business Conditions.
Favorable Reports Predominate.

New York. June a-Bradstreets to-
morrow will say:
Glowing cereal crop reports and the
beginning of the winter wheat harvest
are the mainspring of the reports Of bet
ter wholesale and retail buying in the
central West, Northwest and Southwest.
Optimism in the West has apparently
passed beyond mere sentiment. crystal
izing into a broader demand for many
kinds OF merchandise. Warm weather
over a wide area has stimulated business
In retail lines. helped jobbers and made
for recorders. Besides more interest is
being displayed in fall requirments; de-
mand for finished steel has expanded.
collections. save In the South. are some
ing cars in the Southwest in preparation
for a record traffic in winter wheat.
Northwestern advices are the most
enthusiastic. and in that section busi-
ness, on fall account. is going forward,
but at the same time returns fAp the
Southwest indicate improvement, While
advices from the leading Western GEN.
ter show that the semi-annual clearance
sale of dry goods brought in more buy
ers than last year. sales were 10 per
cent in excess OF last year. and road
sales. as well as retail trade. overtop
that done at this time last year. The
Pacific West is held up by depression in
lumber. and in the East the inactivity
of industry tends to stay developments
and makes for hesitancy. Building is
more active than Of late. but the pace
is still below last year. and manufactur-
ing lines, except in special instances.
are working on slow time An especially
noteworthy development was shown In
he N rf,fred Wo0len and steel DrOd-
ucts and a tendency to take present
prices for distant deliveries. Money re-
mains easy. but bank clearings are rela-
lively light.
Business failures for the week ending
June II were sf5, which compares with
30 last week. g39 in the like week Of
1912 c55 In 1912. and 212 in 191l-''
The Washington herald., 1914-06-13
NEW YORK MONEY.

New York, June R-Can money op<ned IA per
cent: high per ctut: low. IL per cent: renewals.
IA per cent; closed. IA Ter cent: ruling rate. IN
Yer cent.
The time money market shows renewed strength as
a result If the continued export Of goh. The
longer maturities in particular are rejecting the
loss of the metal. For four-month adrances banks
are asking 4 psr cent. while for siI month loans
borrowens bidding equal increase In the rate.
Rates 81 Ter cent for sixty days 24 per cent
for ninety days ss.a3 per cent for four months }
per cent for ve months ~ PER cent for SIX months
With the exception Of a slight falling in the
volume moving. there is fresh development in the
commercial paper market Rates for rrime names
range from 3. per cent to per cent. according TO
maturity
Paris exchange London, Z5fr Isc. up Nc: Berlin
exchange on London 2Dm 5oi.pfg up sag.
The Washington herald., 1914-06-13

New york, June l2-Dun's tomorrow
will say:
.aoficiai promise Of another prosperous
year on the farms tends TO strengthen
confidence in the general business out
look. The government grain report this
week made a splendid exhibit. quite fun
fiIIing expectations, and in the case of
wheat assurance Is given the greatest
yield that this country has ever raised.
With the increased wealth derived from
the soil the purchasing power OF the ag-
ricuituraI community will be enhanced
an enlarged railroad freight traffic is in
dicated by the bountiful harvests. and
since funds here are in abundance sup
ply. no difficulty should be experienced
in financing the marketing OF the crops.
Absence Of uniformity continues to
characterize trade advices. but. con-
sidered In a broad sense. favorable re-
ports predominant. In cotton goods,
transactions are quite fair and prices
have recovered on certain lines. witt,
special sales Of wash goods last week
being very successful
THE extreme heat somewhat ham,
pered mill forces In iron and steel opera
tions in the Pittsburgh district. being
about 50 per cent of capacity. No ma
terial Increase in the volume of new
business is apparent. Yet, orders for
1000 cars are reported. which will bring
over 10000 tons Of plates and shapes to
the plants in Pittsburgh and Chicago
territory.
Advances have occurred on many lines
of cotton goods. and there Is still fair
demand for cloths for delivery during
the next two to three months. Because
OF the strength OF the raw material the
mills are disposed to insist upon higher
prices. and this prompts buyers to oper-
ate conservatively. Printers OF staples
continue to buy on old orders. ana
bleached goods have risen Lie a yard,
with substantial sales noted.
The Improvement in footwear is not
regular. as quietness continues to pre-
vail in several quarters"
The Washington herald., 1914-06-13
COTTON MARKETS.

Cumment is to the effect that this is no market
to be short Of Contracts remain scarce and when
block Of cotton Is wanted the broker usually
has to bid the market up to get it A prominent
commission house, who sold the. close Thurs
day. buyers again Yesterday, and while stock
exchange houses inclined to sell on the open
ing they good buyers above 20 for December.
Local bulls apparently added to long lines and
one Of the leading bull houses conspicuous as q
buyer Many complaints received from North Caro-
lina-tbe money still looks to be the long side,
buying on the little reactions and taking profits
on bulges. Profit taking in evidence during
the last hour Of the session and a decline Of Il
TO l6 points from the high pices reached early in
the day was brought about. Market closed steady
around bottom prices to 10 points under previous
Close leaving Liverpool due to come y higher tn
manager for y. L. Carpenter & Co.
The Washington herald., 1914-06-13
WASHINGTON PRODUCE.

ouots lions given below for large lots Of roo
rnsrfetable goods only Jobben prices are hirher
Lover grades may be sold Tor ,lA Fang sooos
brought higher prices.
On the live poultry and live stock market yester-
day fowls were stronger. selling at l7h cent& Until
recently old hens we're depressed by heavy receipts
and dressed fowls but the supply was somewhat
iishter and the strengthening demand shown m
the quotations An easier feeling existed for spring
chickens: however. q sood market Is expected for
thee snod, ne.t week and the quotation still cun-
tinue hish The egg market was we'll suppaied ono
The Washington herald., 1914-06-13
WALL STREET GOSSIP.
Illinois Central has borrowed 100000
for five months at 1-2 per cent.

lor nVe montns at IL per cent.
Steel earnings for second quarter, 1t is
now estimated. will not be over $4,000 00c
unless June shows heavy increase ir
shipments to offset prevailing low prices.
A syndicate headed by Hallgarten &
Co. has purchased Ss.00o.0 0o0 one year
per cent notes of Bethlehem Steel Cor
poration. Notes have already been placed
with investors. Proceeds from the notes
will be used for general corporate pur-
poses.
The Mechanics Bank and the Nassau
Trust Company of Brooklyn yesterday
decided to consolidate.
The capital of the Mechanics Bank win
be increased from S1.ooc.0O0 to $3.50, 900,
and the new stock will be given equally
to the shareholders of the Nassau Trust
Company. which had q capital Of 6ooooe.
The Washington herald., 1914-06-13
OUTSIDE SECURITY NOTES.

New YORK. JUNE l2-IncTeased interest in the
World Film shares furnished the feature the curb
today. The stock a point TO 81 sales Of
500 shares
The oils ruled hrmer. with rise Of to p in
South Pennsy lysnih Oil Atlantic Refining ras the
weak issue Of the group losing TO s9.
In the mines Kerr Lake featured with q rise Of
POINTS on q rumor that a nav vein had been un-
covered. Bonds continued stesdy With decreased
sales. Consolidated Gas bonds and rights were
frmer.
The Washington herald., 1914-06-13
LOCAL DIVIDEND
MONTH NEARING
July Disbursements for Wash
ingtonians to Aggregate
$766,622.
CAPITAL TRACTION LEADS
Company Will Pay $IS0.0O0LCom-
mercial National Increase-Con-
tinental Trust Declaration.
CAPITAL TRACTION LEADS

July disbursements on account Of in
terest and dividend payments In WASH
ington are estimated at S766. .00o.
OF the purely local institutions Capital
Traction will pay the largest amount.
Slso.00o Mergenthaler and Lanston are
held by many Washingtonians. who will
obtain close to s200o COO
Since the beginning of the year the
Commercial National Bank has increased
its dividend to "a per cent quarterly.
while the Continental Trust Is now on a
. per cent semi-annual dividend
A part OF the distribution goes to in
vestors in other cities. but the great
bulk will be distributed here.
The dividends and interest payments
are as follows:
The Washington herald., 1914-06-13
CHICAGO GRAIN MARKET.
WASHINGTON STOCK EXCHANGE.

saies-Rezular call. Il O'Clock noon:
Capitsl Traction. at nois . at 100. . al 100
IS At 100 8 sgs.
Washington Railway pfd.. at ST.. u at q.
After call:
Washington Railway Is. N.0no at ~. 500 at
s2a
McrgenthsIer, at IA
Potomac con. s.. 81 coo at esS.
Washington Railway Is 500 At se's-
The Washington herald., 1914-06-13
GOVERNMENT BONDS.
WEEKLY BANK cLEARlNGS.

New York June Is-Bank clearings in the United
States for the week ending June II aggregate SOS.
c8 co. against 8 .! 900 last week and S.,s.-
sG 900 in this week last year. Following the
turns for this week with percentages Of change from
this week last year:
The Washington herald., 1914-06-13

This is 4I-2 per cent on his money
which is allowed to escape through an
error Of Judgment. II is not serious. but
it is annoying More than that. it has
convinced this particular investor that
he does not know anything about invest
ment and he is now almost prepared to
trust himself bIindly to the guidance of
somebody who knows more about il than
he does.
Now one may see the meaning of the
phrase that the bond dealers use which
is quoted in the first paragraph of this
article. They mean that no matter
whether the really good bonds are SELL
ing high or selling low. one is very apt
to lose more in interest and in revenue
through waiting for really favorable
opportunity than he would lose by going
into the market and buying at the
market" This is particularly true. or
course. of the highest grade securities.
which do not fluCtuate to aly large eX-
tent II is so true that in the amounts
of such bonds they leave a standing
order with their broker to buy such and
such a bond and then send the money
for its purchase whenever the money is
available.
The writer has in mind an investor
who bought such bonds steadily month
in and month out for the past eighteen
months and who during that time has
failed TO comment in any way on the
price paid for the bond As a matter OF
fact. there is not variation of more
than per cent between purchases made
at the lowest price and the purchases
made at the highest price. There is
about the same difference in the in
terest rate in what would have been
earned If it had been lying idle in the
bank and what it would have earned IL
invested in a bond.
The Washington herald., 1914-06-13
Virginia Power Bonds.

The electric generating plant built by
the Vfrginian Power Company recently
began supplying electricity to the coal
mines in the Hanawha-New River dis
trict of West Virginia. The plant is To-
Gated about fifteen miles from Charles
The Washington herald., 1914-06-13

Total sales l2l .lE shares, against loeO6 yester-
day. 90 lss week ago. and 5l3.75s year ago From
January l to date. IS, ST., against f.2s5.sl3 a
year ago.
The Washington herald., 1914-06-13
The Safest Investments

Ars tboss that do not nuctuats during an
turbed conditions Il ths money or st.ek MAJ.
keta Flint deed Of trust notes lnrs< mort.
sasol. well secured On real estate in the Die
triet Of Columbia, constttuts ''zilt -edss" In
vestmeu.a They do not d<pend upon the
financial responsibility Of individuals or cor
porstious for Their stability. and are eIemps
from tazation % PERSONAL property. We car
upp,y such investments Ia amounts from SO
upvard- Send fox booklet. "concsrnins Losns
and InveutnentA"
The Washington herald., 1914-06-13
Swartzen, Rheem &
Hensey Co.,
TT Fifteenth Street Northwest

his money lying where IL was In De-
cember there came other letters 10 the
effect that in all probability the low
prices in bonds for sc ne years had been
recorded and that money was growing
easier all over the world: that the diff
fcult financing of the Balkan n war haG
been provided for. and that the letting
up Of business was filling the banks UP
full with money, SO that interest rates
would certainly drop. and as a result
there would be a rise in the prices of
investment securities. This time he was
a little impressed, but he said he would
wait until after the turn of the year to
make his investments This was on
the advice of his local banker jan
uary and February brought a boom in
bonds and a, rise in stocks 1t also
brought some ease in money, so much
so that his bank cut down his rate of
interest to 3 per cent. Still he did not
invest. What he did was to place or
ders with his brokers to buy some good
bonds at the prices they had quoted to
him in December. All of these orders
are still standing except one. which
happened to be filled on a break in the
price of the bonds in April At the end
Of May his bank again reduced his rate
to ~ per cent and at the time this Is
written. he is wondering how long hs
the old prices.
OF course. this Is a story Of a missed
opportunity. II is not serious error
for he can still buy the same bonds II
he wants to. and the difference in price
between now and last year at the same
time is only about to per cent. Let
us say that on an average there is a
per cent difference in the price of the
bonds and that he has received on an
average throughout the year 3 per cent.
whereas he would have received AZ per
cent IL he had made his investment a
year ago. His loss. on $4,000 of-prin-
cipal. is shown below:
The Washington herald., 1914-06-13
New York Futures.
ished sy N. l. carpepter 4 Co.
New Orleans Futures.
Furnished b. N. L. Carpenter & Ca

o,sn -Hish Ir~ cIo-. c;os,.
July. l3ss ID p0 ns2 pa
The Washington herald., 1914-06-13
Statistics.

Furnished b, N L c.rpe.ter 3 Co
The Washington herald., 1914-06-13
Liverpool Futures.

Furnished by n. L. Carpenter & Co.
The Washington herald., 1914-06-13
Local stock Market.

CAPITAL Traction again went below par
Yesterday twenty-five shares selling at
9e7-S Sixty shares sold at 100 and two
shares at 100 L.
SILT and twelve shares at So. Six thou
sand dollars of Railway As brought
So IA
The only other bond sales was that of
a $1,000 5 at 80 IS.
Five shares of Mergenthaler brought
The Washington herald., 1914-06-13
BALTIMORE WHOLESALE MARKET

Estimated.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-01-02
SANTA MONICA AND
VENICE ALSO SUFFER
Beaches and Walks Washed Away
and Buildings Threatened by
Tremendous Waves, Which
Damage Piers and Resorts
Along the Southern Coast Be
low Long Beach.
Los ANGELEs, January 2.-

Los ANGELES, January o..
(By Associated Press Cable)
Tremendous damage along the
waterfront Of Los Angeles county
has followed the fierce northern
storm which swept down the coast
yesterday and struck with espe-
cial force upon Santa Monica Bay
and its thriving towns and coast
resorts.
Over three hundred feet Of the
great pier at FL Segundo, near
lRraoaap@ Sals slsSucs;Rn Fhff
pier had recently been completed
Iby the Standard OH Company, at
. cosf Of over a million dollars,
TO ship its oil cargoes from the
immense storage tanks at El Sc
gundo. 1t win be months before
the pier is again IN siiape 70 re-
ceiye tank steamers.
At Venice the storm drove the
heavy surf over the low beach and
washed out sidewalks and booths,
tearing away great stretches Of
the fine sandy beach. The horse
shoe pier was also considerably
damaged and some damage was
done to buildings close to the
shore.
North Of. Venice the city Of
Santa Monica was protected from
the waves by the high bluff, but
the beach along the foot Of the
bluff was badly washed out and
IN some spots il is feared that the
bluff may cave-in, carrying with
| ii some Of the smaller houses along
its margin. The big cement pier
there has weathered the storm
without severe damage. Two
years ago il was almost destroyed
by a storm, but was rebuilt last
summer, Of reinforced concrete, 1T
a cost Of over 100000.
Along the south coast of the
country, from Long Beach to Bal
boa, reports have been made Of
damage to piers and to the
beaches. The little town OF
Naples, south Of Long Beach, is
one of the sufferers. Very little
damage was done at San Pedro,
where the new government break
water. costing millions, was re-
Gently completed.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-01-02
BOUND TO HAVE
THAT DRYD0Ck
House Naval Affairs Committee
Considering Great Pearl
Harbor Improvement.
Ry Ernest q. waIker.

(Alail Special to The Adyertiser)
WASHINGTON, December s-The
house naval affairs COMMITTEES Is giving
setious consideration to the question o.
q drydoclt for Iearf Harbor The re.
nprt by EHginser Alfred Noble has been
s69salted ~ schairnian l'6ae Stt ~ iKs
house committee. The text was for
warded to him at the Capitol few
days ago, and after scrutinizing 1t with
some care Mr.. Fadgett had confer
enee at the navy department about Il,
The text of the report has not yet been
made public and there is Ro Immediate
indication that it will be.
One thing stands out as quite Ger
taip--that this session of congress win
make an appropriation for drydock
at Pearl HIarbor. Tue argument rsns
that there is great necessity for such
a dock, and whatever the expense thee.
of e-Royernment must have ii. There
has been spent about $l0,00O,O00 foI
the naval station at Pearl Harbor, but
the yalbe Of this expenditure to the
navy will be greatly diminished unless
there is a drydock.
Another question, however, Is being
considered. That is the liability Of the
contractors for the construction Of the
drydock which collapsed. Chairman
Padgett is unwilling to take the re
sponsibility Of ASKING congress for more
money, unless the status Of the, former
enterprise is very definitely fixed. Il
! Is upon Chairman Padgett 5 insistehce
chiefly, that the question Of the con
tractor + liability has bcen turned ovel
to the department of Justice for legai
opinion. some nice points of law aft
| involved. Eg
Chairman Padgett believes, when lt,ls
matter of additional appropriations 10
the Pearl Harbor drydock comes up II
the house, inqu sitive members will
have many questions to ask, and soms
viii demand that the contractor be held
strictly 10 terms. Whatever the chair
man Z opinion about that may be, hs
wishes TO be enforced by an opinion
from the attorney general as the aov
ernmcnt's chief law officer.
Governor Pinkhain having departed
and Delegate Kuhio not having arrived
IN Washington, there is much qdiet NJ
the Capitol IN Hawaiian affairs. The
Rapid Transit extension bill Is still
pending before Q subcommittee Of ths
house committee on territories, and
probably will be there for some days
Ex-Governor Frear is expected to sub
NIT TO the sui committee in,a few day,
q plan for consideration by It's u,em
bers. ~
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-01-02
DEMAND WORK
WITH GOOD PAY
Small Army Of Unemployed Men
Besiege Home Of Governor
johnson, Who Is Out.

sAN FRANCISCO, January 2. - (By
Assoc lated Press Uable) rs Such scenes
as have not been witnessed hers for ff-
teen years took place yesterday when
1000 men out Of employment gathered
in front OF the residence OF Governor
Hiram johnson on Russian Hill for the
purpose Of making slemands for assist.
snce, and TO ask what his intentions
in this respect are.
Governor johnson was away from
home at the time and after waiting
about for three hours a committee Of
the men drew MP note which was left
at his house for him.
This note makes u request that the
Governor appear before them this morn
ing when they again assemble and an
swer plainly their demands for work
for six days a week, for eight hours a
day and pay at the rate Of three dol
lars a day. 5f
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-01-02
BLOODY BATTLE RESULTS
IN ADVANTAGE FOR REBELS

PREsIDIO, Texas, January ~ (By
Associated Press CAble.) Scenes Of
blood and carnage around Oiinaga, un
precedented in the history Of Mexico :
recent close fighting, were Witnessed
today by thousands of spectators on
the American side Of the river as the
rebel forces under Gen. ranfho Villa
and General orteaa,eteadily drove the
shattered federSff 6rces to destruction.
Hundreds Of the federals, hard press
ed by the enemy aud fearing instant
execution, plunged into the river aud
made their way to the American side.
Fetres of those who tried TO cross were
woDpded. They arrived on the Ameri.
Gao side begging for relief,
NJ e1arters from the rebel army who
tifss,d to the American ride We're dis
agmni by the United States soldiers,
i.gw ng out orders to preserve strict
ueitn Glity.
fh. surrender OF the entire garrison
to me American troops is momentarily
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-01-02
MANY IRE REPORTED
KILLED AND WOUNDED
Fugitiyes from Federal Forces
VINO Are Wounded Cared for
by Americans and Others Dis
armed United States Troops
will Preserve Neutrality Laws
Under All Circumstances.
LAREDO. Texas. Jannary 2.

LAREDO, Texas, january p
,(By Associated Press Cable) y
The const;tntionalist forces which
!, ~
~',o iepvi'eu ~
tack OF NueVo LAREDO, tne Mex
can city opposite mere, across tht
hio 6fanqe hiyer, mace an eIIorl ca1
70 surprise the garrison Oh izVV O
1ederais' put. nave met Win