davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-02-21
FEELS like
A new WOMAN
A. lydia E. Pinkham's Vege'
table Compound Dispelled
Rackache, Headaches
and Dizziness.

p;oua, Ohio. -"I would be very I'M
grateful if / failed to give Lydia Z.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-02-21
LITCHFIElD.

The infant child of Mr.. and Mrs. F.
z. Libby passed. away Wednesday
night. Funeral services were held Fri
day afternoon. Rev. L. H. Clarke Off
ciated.
While hauling logs Wednesday at
ternoon Leland Gilman's horses broke
through the ice on the mill stream.
One was saved but the other died af-
ter being taken out.
Mrs. Arthur Goss and little son Leon
are passing a few weeks in Lewiston.
Mrs. o. r. Keith is working in Gar
diner.
Patrick Meaney, at one time a famous
steeplechase rider on the American turf,
died at his home in Saratoga. N. T.,
Thursday. He was 60 years old.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
TRADING In THE
CURB SECURITIES
Volume of Business Continues
Light, with Oil Shares
Irregular.

Although business on the curb yester-
day was small I'm volume. the market
generally displayed steady tone. apart
from number OF oil shares that declined
sharply In the early morning. Fair gains
were scored in leading industrials. Max
we'll Motors. common and second pre-
ferred, both advancing fourth OF a
point. Britlsh-American Tobacco, new,
was firm at 22ls. while United Profit Shar-
ing Corporation improved a fourth OF a
point. Consolidated Gas rights and con-
veriible 6s advanced fractionally
Standard Oil of Kansas. with a drop OF
so points. showed the heaviest loss in oil
stocks. on word that no extra cash divi-
dend had been declared. South Penn Oil
was strong. making a gain Of IL points
Pierce Oil Z. New York Transit 8, while
Continental Oil declined s points, Stand
ard of New Jersey and Standard Of
California. Indiana and Southern Pipe
Line points. Mining shares were some
what irregular. with small price changes.
West End Consolidated yielded points
and Tonopah Merger sold up point
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15

At the annual meeting yesterday Of
Group S of the New York State Bank
ers' Association. composed of the bank
ers Of New York City. Joseph b. Martin
dale. president of the Chemical National
Bank, was elected chairman TO succeed
James S. Alexander, president Of the Ma
tional Bank of Commerce. Thomas
Cochran, jr., vice-president of the Astor
Trust Company, was chosen secretary
and treasurer, to take the place of
Charles Eliot Warren, president OF the
Lincoln National Bank. In addition to
these men, the newly elected executive
committee consists of Mr.. Warren, Ben
tamin Strong. jr.. president of the Bank
ers Trust Company; stephen Baker,
president OF the Bank OF the Manhattan
Company: H. r. Eldridge, vice-president
Of the National City Bank; Louis G.
Kaufman. president Of the Chatham end
Phenix National Bank, and Joseph
Byrne, ice-president OF the Merchants
National Bank.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
u.ouer of Markets Rise
More Impressive than
It's Extent.
srFADY ADVANCE AND
NO ADVANTAGE LOST
u.u Street Takes for Granted
That Mexican Problem Is
Already Solved.

an. Who had not seen the stock
~, since ;he brisk days Of January
ma ..,S ,robably have been somewhat sur
W. ., the unmeasured satisfaction in
III street over yesterdays upturn.
,,.as,,res BY the average price Of n num-
~ representative securities, II was
's-A,,v more than n point. A good ad-
-. hut In really active days, not so
- ago as TO have been forgotten. such
pavement would not have seemed so
'.,,lneant as to call for exultation. All
's,,rs however. have their relative
'.,nes. AND coming. as IL did, after many
rs ~ IDLE drifting. the clearly defined
s,s. was hailed with jubilation. on the
80. NJ things II represented relief over
-. success Of the Constitutionalist arms
:, Tampico and a vision OF Huerta elimi-
s,,es without the interposition Of the
r.,,,ea states. There was comparatively
r,,,s ejaculation over what would happen
.t,sr Mexico city was captured and hard
t. any weighing Of Carranza or Villa as
PRESIDENT against the so-called assassin
:, Nadero and Suarez. Seemingly It was
sssun,ed that with the capital taken a
satisfactory peace would follow, and that
+, satisfactory solution of the Mexican
,,ohlem had grown UP Of itself.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
'New style
COTTON SHORTS
SEND PRICES UP
Sharp Advance in the May
Option, with Other Months
Also on the Up Grade.

There was an advance OF 81 20 bale
in the price Of May cotton here yester-
day, as result OF covering by foreign
and local shorts. who evidently found
comparatively few sellers around the
ring. At any rate. It was estimated tnat
not more than 5000 to 5000 bales changed
hands on the advance from 1855 at the
close OF Tuesday to 1881. the high point
Of Yesterday. Later months were nrm IN
sympathy with May strength, but met
considerable realizing as well as some
scattered selling of new crop positions,
which was undoubtedly encouraged by
more favorable weather in the South
west. and sold only IL 10 II points net
higher The close was steady, WITHIN
or 2 points of the best, with May 81 ana
other months 10 10 points net hiSher'
There were renewed rumors that cotton
was to be shipped out of the local stock
70 Southern mills. but 1t seemed to be
the general impression that the cotton
taken up on the first May notices was
being gradually retendered. On the whole'
therefore, the advance was ATTRIBUTED u
n scare Of remaining shorts owing 10 'he
continued large domestic mill consuinp-
ton the firm showing of Liverpool ana
,ha failure of cotton to move more freely
IN this direction from the South. South
ern spot markets were unchanged 10 80
I'D. but the local market held quiet al
IL 4oc for middling upland; sales. 400 oales;
delivered on contract so bales. Local.
contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15

Receipts. tl52 mead. all for slaughter except
Few mead Feeling about steady. Nominal
quota lions, s. s0gss per 100 NJ rodghs, f" W
QS Is.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
CALVES.
SHEEP AND LAMBS.

Receipts none, and no trading. NomlrslIy
s,aaSv pressed calves steady: city dressed
yeaiS. l54l7i.c per pound; country dressel'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
GRAINS HIGHER IN CHICAGO
Hessian Fly Reports Send
Wheat Up-Provisions Gain.

Chicago. May 14.-In spite Of the opinion
by one of the best known crop experts
that the Hessian ~ is no moro prevalent
now than IL the case every year, damage
reports from Illinois and Missouri to-day
swung the wheat market away from the
bears There was a nervous close at 'tc
TO &c ne. advance. Other speculative
articles. too, all scored a gain-corn' 'ac
to &c: oats. &c to lc, and provisions, Inc
to 22ac. Indecision, II not pronounced
bearish sentiment. ruled the wheat pit
during the first half Of the day. Author-
tative statements that Hessian ny reports
were not to be taken too seriously ana
that the pest did only about the same
amount OF injury In any one season made
radical bulls pause. Contrary views. how
ever from other sources and bearing
specifically on present field conditions
finally received the bulk OF attention and
sent prices scurrying upgrade. Range OF
prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
Mexican petroleum's Gain.

All along il has been said that the real
danger 10 the Mexican Petroleum Com
rany's property at Tampico was to be ap-
pretended not from the victorious Consti-
utionahsts. but from the defeated Fed
eralists. There was a chance. OF course,
that the rebel shell fire might destroy the
tanks OF stored oil. but what was really
feared was that the Federals, in their re-
treat. would set fire TO the oil not only
because IL was owned by Americans. but
because they might hope TO cover their
evacuation of the city effectually. How
much damage the Mexican Petroleum
Company might have suffered in any
event is doubtful, though even If ii is
tue. rs has been said, that the oil is in
sured with English companies, the loss or
money would have been considerable. The
market value of the oil would be very
different thing from the inventory value
At which IL might be insured, and the de-
s,ruction Of the compaDy's machinery and
Offices would have occasioned costly delay
before the wells could have been operated
again AT any rate somebody thought
vel enough Of the capture of Tampico
BY the rebels to put the common stock
I'D ) points and the preferred on transac-
tons of about 1000 and 200 shares, re-
spectiyely. The day before only 100 shares
Of the common stock changed hands and
none Of the preferred. on Tuesday neither
vas dealt in at all.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15

BEENES.
Receipts 1870 head, mainly for slalshteregrs.
~ ,radinc i'm live cattle. Feeling weak Tor
s,eers. s,eadv for others Dressed beef IN fa4r
demand: CITY dressed native sides, l9lfc
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
C. & 0. TO SELL STOCK
Will Dispose of It's Kanawha g.
Michigan Holdings.

Directors OF the Chesapeake & Ohio
Railway yesterday approved an agreement
to sell TO interests connected with the
Lake Shore & Michigan Southern 1922
shares OF Kanawha & Michigan Railway
stock at par. The stock was purchased In
1910 at s72 a share. and, with the excep-
ton of few shares, is pledged under c.
& Os first lien and improvement mort
gage, under the terms of which proceeds
from the sale of stock must be deposited
with the trustee.
The proceeds, including the profit on the
transaction. are to be used under the
terms Of the mortgage for the purchase
OF other property or securities or for
additions and betterments. The sale is
made to comply with the decree Of the
United States District Court in the anti
trust suit brought by the government o
dissolve relations between the Chesapeake
& Ohio. the Lake Shore and the Kanawha
A Michigan. II the sale is approved by
the court the appeal taken from the de-
cision will be dismissed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
CASH QUOTATIONS.
GENERAL MARKET REPORT.
New York. May IL. 1914
GRAIN.

WHEAT was unsettled by numerous reports
Of damage by Hessan fly in Missouri and Hi
rois. The market was very nervous. and after
an early decline OF &c 10 nc prices rallied
sharply ard az the close were i.c 10 IA net
higher. Foreign markets were barely steady
owing to liberal offers from Russia and less
active cash demand. Houses with foreign con-
nectons said that the recent buying. which
some authorities estimate at about 1900 OoO
bushels was not on account OF any particu-
larly bullish ideas. but represented arbitrsgs
transactions. In the local cash market No
hard winter wheat vas quoted at 81 %. c (.
New York: No . red 81 o. C 4 T. TO arrive; No
1 Northern Duluth. and No l Northern. Mani
toba, 81 033. o h. afoat CORN-The Arecn-
tine situation continues to b. the dominating
factor. and while prices were a trifie easier
early on a decline abroad subsequent advices
said that the Buenos Ayres market was izc 10
&c higher. Shorts again took the buying side
and at the close values were isc to Sc net
higher. In the local cash market No yellow
corn quoted at 1g2sc, T. to arrive
OATS-A firm tone prevailed, with covering by
recent sellers. Final prices were &c 10 ic net
higher Local cash market firm; standard
white 45i7d46c; No >. AGA i6isc: No 3. 45I4jizc
No T. 4izd4Jc ordinary clipped, HiaW4Ic;
fancy clipped. i6kGiSi2c. all elevator. RYE
Firm; No > Western. lie. C I Z. New York ex-
port. BARLLY-Firm; mailing, Ggdc. / T.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15

Check on Gold Exports.

The Paris check on London has risen,
wherefore il is assumed that gold exports
from New York may be halted for time
perhaps until next week. when there are
fast steamers. For the Paris check to rise
means primarily that the financial situa-
ton in France has grown momentarlly
easier, that her position is not so
desperate as TO demand gold for its
relief. Still. sterling rates here continue
hlgh-so high that there is little
insurance against gold going to London
except in the Bank of England's calm re-
frsal 10 bid high enough for the eagles,
which are at present the only available
form Of the metal at this centre. II the
Assay Office had any eXportable gold bars
left there would probably be further ex-
ports forthwith. AS it is, Russia and
France and England are expected to think
twice before committing themselves to the
expensive operation Of buying coin.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
PRICE MOVEMENT
in COMMODITIES
Wheat Advances Sharply
Corn, Oats and Coffee
Also Make Gains.

A drop Of &c to &c at the start was
more than recovered on further reports OF
damage by the Hesslan fly. and the close
showed net gains OF &c to Nc for the day.
A report by B. w. Snow said that scat
tered reports OF the fly were not to be
taken seriously. as IT Is present every
year and does about the same amount Of
damage. lie also said that he had ex-
amined twenty fields in Missouri said TO
have been badly affected. and found
trace OF fly in two only. and these not
serious. Corn shorts were driven to cover
in the late trading on Argentine weather
conditions. and the close showed net gains
Of &c to &c. Oats gained sc to 1c net on
sellers becoming scared by unfavorable
crop reports.
Lack OF selling pressure in the coffee
market was about the only explanation
Of an advance OF to points, as there
was little or nothing doing either here or
abroad.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
MI N G.
BON DS.
erANoARD OIL SUBSIDIARIES.

tsells cents per share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
Stockholders TO Lose Nothing.

Union Pacific directors are not going 10
change their minds about reducing the an
nLal rate of dividend from 10 70 per cent
merely because their plan for distributing
the consolatory dividend in Baltimore q
Ohio stock has been halted. The execu-
tive committee has advised reducing the
nominal rate Of dividend, and the special
meeting Of the directors will see its advice
followed If. however, the company has
not been able by the fall, when the next
Baltimore & Ohio payment will be made
to hand over 70 it's stockholders anything
but regular cash dividends, 1t is probable
that way will be found to make up to
them the loss in interest they sustained In
not having had the extra amount of divi-
dend TO invest.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
New Officers for Bankers Assn

'Ex dividend
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
BUSY ON RESERVE
BANK ORGANIZATION
Local Financiers Perfecting the
Details In Several
Meetings.

The second definite step in the organ
ization OF the Federal Reserve Bank o.
New York will take place next Monnay
when officers Of the five banks OF this
state designated by tho reserve organ
ization committee will meet In tho rooms
OF the Clearing House TO execute tho
certificate Of Incorporation on when inc
banks will stamp their respective seals
Following It's acknowledgment before
notary public, the certificate VIII De I'M
mediately transmitted to the Controller
Of the Currency, who will file 1t IN MS
Office.
Resolutions passed by the directors OK
the Irving National and National Parh
banks. who were named 10 act for the
New York City banks, provide That tho
certificate OF Incorporation Of the reserve
bank for the second district shall be exc
cuted by the president, or vice-presidens
and the cashier.
Albert II. Wggin. president OF the
Chase National Bank and chairman or
the Clearing House committee Of the New
York Clearing House Association. yester-
day invited the banks in groups l. and
3 Of the second reserve district to meet
in the near future for the purpose OF
general discussion of the procedure neg
essary in completing the organization Of
tho local reserve bank. Members OF
group 1 will meet at the Clearing House
on May 10. and groups and on May Y.
All three letters contained the following
paragraph:
faf, Of hn -
serve Bank OF this district Is nearly conf
pleted, so far as the government Is con-
cerned, and presently the individual
banks will be called upon to perform the
part devolved upon them by statute-the
election of a director representing tho
banking interests, and also a director
representing the commercial. agricultural
or other Industrial interests of the dis
trict. In order that there may be intel
ligent and concerted action 1t is deemed
desirable that preliminary conference
be held
Directors OF the New York national
banks will meet in tho near future 20
name the electors who shall vote for the
six directors of classes A and Il. the
]
by the stockholding banks in the federal
reserve system. and the latter to consist
of persons actively engaged in commerce,
agriculture or some other industrial pur-
suit. An official OF the Mechanics and
Metals National Bank said yesterday
that the board would take action next
week and name President Gates W. Nc
Garrah as the elector of this bank. 1t is
understood that the other national banks
of the city will follow a similar proce-
dure and name their chief executives 10
represent them.
Some OF the large banks asked their
counsel yesterday for an opinion as To
whether tho banks forming group l OF
the second reserve district could vote
only for the directors of the Federal Re
serve Bank nominated by their own
group. or whether the federal reserve II
permitted them TO vote for nominees OF
groups 2 and 3, composed chiefly OF
banks in the interior towns OF this state
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.

Harris, Forbes & Co. are now Offering
S,"noN Scranton and Wilkes Barre Trac-
ton Corporation first refunding 5 per cen.
gold bonds, dated July l. 1913, due August
j. 1881, interest payable February and
August /. The bonds are callable on any
interest payment date at los and interest.
and are secured by a lien through the
pledge OF the bonds and stock, except d.
rectors' shares, OF the Lackawanna 4
Wyoming Valley Railroad Company. all
of which Is owned by the Scranton and
Wilkes-Barre Traction Corporation. con-
sisting Of 100000 first mortgage bonds
and N,s4s.750 stock OF the railroad COM
pany on the entire operating property.
subject only to prior pledge TO secure
sssS,om underlying bonds. Gross earnings
OF the 1.ackawanna & Wyoming Valley
Railroad Company for the twelve months
ended March 81. 1914. were s6i9.Sl5. and
after deducting operating expenses. taxes,
maintenance and depreciation of $685., 292
there remained net earnings of s2S7,S52.
Interest charges amounted TO $4,000,
leaving net balance OF sl37,352.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
MAY BE MORE B. & O. NOTES
Directors Discuss Financing Of
July Maturity.

Directors OF the Baltimore & Ohio Rail-
road at a meeting yesterday discussed
plan for meeting the company's $4,000
600 per cent notes, which mature on
July l. While no definite decision was
reached it was understood that the Bal
timore Il Ohio would probably arrange to
sell s3O,OO0,OOO new notes to provide a
surplus for improvements
The board is still negotiating for the
transfer Of its express contract with the
United States Express Company. probably
TO Wells, Fargo & Co. The percentage re-
ceived from the express company was ~
per cent. and il is understood that the
railroad is striving to get more from the
company which takes over the contract
for the unexplred term.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
2 Per Cent on U. P. Common.

The executive committee of the Union
Pacific Railroad Company. because OF the
lack Of a Quorum of the full board Of d.
rectors, met yesterday and recommended
that the board declare a quarterly divi-
dend of per cent on the common stock.
payable July to stock OF record June l.
This will be the regular rate, as APP
proved and announced by the board some
time ago, after the declaration of the
$50. 900 extra disbursement to common
stock holders. In case the extra dividend
is permanently enjoined by the courts
the difference between the s per cent
rat and the 10 per cent, which was paid
on the stock prior to the extra disburse-
ment, will be made up TO the stoekhold-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
THE METAL MARKETS.

COPPER-The local street market for copper
was steady with electrolytic quoted al IA
and casting 1441ii=c. Standard copper on the
Metal EXCHANGE was quiet. with spot. May,
June and July quoted az Is. 500 lac. In London
copper closed quiet at f63 FOR spot and f63 Us
81 for futures $500
81 Zoe; June 80 9jd34 l5c: July, 5ioG34.2oc
August, "a 1894 SOC. and september, - 2oa
"a 4Oc In London tin closed easy az tlO3 los
for suot and tl5j los for futures.
LEAD quiet: New York spot. 3.S5n3. tNc, and
East 81 Louis. S75a3 Sc. In London lead
closed at els is Sd 10000
SPELTER quiet: New York spot. >. 1oG BOO.
and East 81 Louis. 49Jf5.noc. In London
suelter closed quiet al al Is Sd.
IRON-Middlesboro No 3. Sis 7isd In LONDON
Local iron market was quiet az SO 25rsIo 20
Tor No 1 foundry Northern. si56sl5 81 for No
? Northern. sli 1888 * for No i Southern
and ki4 5Odsi5 for No Southern.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
The Steady Advance.

Far more than the degree OF advance in
PRICES in the stock market the manner OF
ADVANCE affected speculative sentiment
Not in many weeks has there been such a
broad and sustained movement Such
market leaders az Steel, Reading and
Union Pacific for instance. moved UP
with impressive steadiness and persist
spce. rarely retreating more than Ia OF a
roint on their journey from one quarter to
the next and continually gaining ground
The others accepted their lead, and the
advance az the whole list. in fact vas
even and continuous Except for the Max
lean Petroleum shares. there were no
spectacular iumps-a fact that made the
movement all the more striking.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
ON THE CONSOLIDATED
Fractional Gains on the Call
Strength Throughout Day.

Fractional improvements were general on
the opening call of the Consolidated En-
change yesterday. and the market gradu-
ally gathered further strength, with trad
ing broadening out as the day went on.
Steel led in activity. with total turnover
of u. $50 shares. orders running as high as
blocks of 800. Steel on the call touched
low price Of 1888, and II did not get
above 81.
Reading was dealt in TO the amount OF
5000 shares. while Union Pacific's total
was $40. and of Missouri Pacific 2o2o.
Transactions in all issues totalled 4oS"
shares.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-15
Western States Gas and Electric,

The California Supreme Court which
recently ruled against the decision of the
California Railroad Commission in the
case Of the Western States Gas and Elec-
trio Company agt. the ORC Ele otric Cor
poration, in which the commission denied
the ORC company competitive rights In
Stockton, has granted a rehearing in re-
Spouse TO petition signed by leading
attorneys OF the state. In defence OF
their request tho petitioners say: we
take the position that II rates are to be
cut down by the commission and regula-
ton carried to the point OF fixing GER
tain rate Of revenue. then the regulated
companies must be protected In their
fields from competition. Competition and
regulation do not go together. Either
competition must be allowed to take It's
course in determining rates. or. II rates
are to h. fixed by regulation, then the
power that regulates must protect from
compe .ition. If competition is allowed
there should be no regulation, and II
regulation Is enforced then competition
should be restricted"