davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1914-02-10

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The Washington herald., 1914-02-10
NEW YORK MONEY.

NsU York, Feb a-csn money opened at ik per
cent. high psr cent. low ~ per CENT renewals ix
p~ cent ard ciossd at ~ per cent; ruling rste II
per cent.
The wcek, opens with conditions practically un-
changed in the time money martct- pullness sad
tendency toward renewed esss stiIl ooostitute the
main ehsractefistics.
Ratss re ~ per cent sixty dsys. per cent fof
ninety days ~ per cent for four and Gre months
~ per cent for six months. ~ TO ~ par cent for
over the yeak
Conditions are reported virtually unchanged In
the commercial pspsr MARKET Regular matirities
bearing prime names psasing at pr cent. and
shorter dates a. the same gra1s at N per cent.
The. volume Of business b light. The msrtet is un-
responsive TO the RATES excrpt for paper Of vesy
choice character.
Berlin ezchanse on London marks <ss pfeninss.
on u Hmins.
The Washington herald., 1914-02-10
Markets, FINAlYGE, g COMMERCE.

nsrket for outsds ssruritss today. tscIins sx-
tending frua 20 ~ pud.ts est.gI naAe alDs.s
throughoot ths enfips H. the hssyts8 es1ngs ~.
statement uhicA wls Iooasd upon % vay bar
ish- Ths hrssk in thb issne unsettied ~ balanes
a TIE list Standard Oh d 0hio vas cpn1piu,ous
Nth the dsclins q about forty points: oeAndart
ous oSp~ dseiinss q tvo to ten poiuts sas
shown.
Othsr isdustxiah noysd within narrow hmis On
Comparatively small purchases.
The Washington herald., 1914-02-10
SEVENTH STREETERSr FIRM.
They Arc Studying Attitude of Con-
sre.. Toward Repaving Plan.

Merchants baving their places OF busi-
ness along Seventh street northwest and
residents Of that thoroughfare are now
concentrating their efforts upon learning
the attitude Of the members Of the House
District Committee on the propaganda
for having the item for the repaving OF
that street between K street and Florida
avenue placed back ufon the District
appropriation bill.
A meeting Of the leaders in the cam
paign for a new surfacing of Seventh
street will be held probably today. Joseph
Berberich, in active charge Of the move
ment. said last night that early answers
are expected to the petition sent to the
House committee last week.
The Washington herald., 1914-02-10
NEW YORK PRODUCE.

New York. Feb. s-MILLFEED-
Steady: demand is quiet. Spring bran, In
l00-pcund- sacks. $500, to arrive, $50;
standard middling, spot. $780, to arrive
$3.50; Western, reddog, $50; winter wheat,
in loo-pound sacks. to arrive, 2&7o; city
bran. In bulk. $40
RYE FLOUR-Steady; trading Ia mac.
tive. Good to choice at 23aa375
CORNMEAL-Steady; dealings mod.
crate. Kiln-dried for export, ass; coarse
meal, in bags 1.23a1.43.
BUCKwHEAT FIOUR-Quiet; prices
all steady. Choice quoted at 2ssaaD per
100 pounds.
HAY-Receipts, $50 tons; steady: de-
mand for choice Ii moderate; low erade
quiet. Quotations: No. timothy, !. .o5:
standard. 81 1-sa1.oo; No. 2. soes6 cents;
No. 3. S0aS5 cents. -s-
sTRAw-Receipts. 70 tons; steady. De-
mand- Is moderate. Long rye quoted at
PORK-Steady; business moderat.
Mess. S.5oa2Loo; family. 800; clear. 20 ga
zoo
BEEF-Steady: trade inactive. Packet.
ls00a1s.oo: family. 1s.o0a2o00
LARD-Steady; moderate inquiry. Prima
Western. 11-15; refined continent ii m:
South American. 100; refined BraxiIian'
in kegs. 100; beef. stearine, cent?
asked; lard stearine quiet New York,
II IL cents.
a.
The Washington herald., 1914-02-10
.JoBLEss MAN TAKES POISON.
wallows Bichloride Because He
Cannot Find Work.

Despondent because of his inability to
find steady employment. Albert Timmons.
years Old. of I'LL Four-and-a-
half street southwest, last night swal-
lowed four bichloride of mercury tab
lets. He was taken in an ambulance to
Emergency Hospital.
Mrs. Annie May Anderson. twenty-five
years old, of s54 L. Morton place north
west by mistake took a small quantity
Of iodine for cough syrup. Shortly after
o'clock a call for an ambulance was
sent to Casualty Hospital and Drs. Will
lam Kelly and F. Y Field answered the
call. She was given home treatment.
The Washington herald., 1914-02-10
~, s, wants Anae.thetist,

The Civil Service Commission has an
nounced an open examination for an
aesthetist. for men only. From the register
Of elisibles resulting from this examina-
ton certihcation will be made to I'LL
Vacancy in this position in Freedmens
Hospital at Sl.2oo year and board.
Eligibility will be determined upon educa-
ton, training. and experisneA
The Washington herald., 1914-02-10
WASHINGTON STOCK EXCHANGE

saies-Reguar on at II O'Clock noon.
Capital Traction 3. $50 at i07x. SI.oo at NJ
Washington Railway 4 Electric d. Sop at SIS.
N.e0 st M. .Coo at sl<. n.oN At slh
Potomac Cons. IS. 81 900 at looA. 100 ct looH.
Chesapeake & Potomac Telephone g. 81 GO at lo5.
washington Railway Electric CON-. ) at -
waahinron Railway Electric I'D, at ~. 3
At .. 8 at ~. 8 at 81. 10 1t 8k.
Norfoh washington stesmhost, ct L.
: An5 c.ll-wsshnston Railway & Electric a. sEoc
1t sfH. 500 at a.
Potomac Cons. 81. . 90 at locS-
Washington RAILWAY 4 Electric com, 10 ct ~
10 at sok. u at u "
The Washington herald., 1914-02-10
Gives s1oo,ooo to Laf.yetse.

Phillipsburs, N. J., Feb. s.-It was an
nounced today at the annual meeting Of
the Warren Foundry and Machine Com
pany that its late president. William
Runkle, Of Orange. N. J., had left 100000
to Lafayette College, Easton.
The Washington herald., 1914-02-10
OUTSIDE SECURITY NOTES.

New York. Feb. a-Since further scnsstsoual
breaks in the Standard Oil subsidiaries vere ae.ip
the otershadowing feature TO the speelatioa IN ths
The Washington herald., 1914-02-10

Massachusetts. in INA, manufactured
goods valued at slsss.7s4.%x.
The Washington herald., 1914-02-10
Few witnesses Remain.

But few witnesses now remain to be
heard for the United States Steel Cor
poration in its defense in the government,
suit for its dissolution, and it 10 expected
that the corporation will conclude it's de-
Tense about the end of this week, or
early next week,
/ The government will then have the op-
portunity to present further testimony in
rebuttal. and IT is improbable that much
tine will be consumed by this. Whether
the co-defendants. Messrs. Carnegie, Hill,
Rockefeller. and Cromwell, will take the
stand in their own behalfs is not known,
but 1t is considered likely that they win
allow their cases to depend on the cor
poration's.
The Washington herald., 1914-02-10
COTTON STATISTICS.

1otai ssies 4ezs sosres. assinst los pss saturday
1o.f3 week ago, and l5.So a year ago.
The Washington herald., 1914-02-10
Mr.. Reside Elected.

At meeting Of the board of directors
of the Washington Gas Light Company
yesterday Howard s. Reside was elected
president Mr.. Reeside has been actins
president since the retirement of Joseph
Letter.
Mr.. Reeside said after the election that
Ii will be his policy to give the public
the best service possible. He viii yieor-
ously urge the adoption of the GallinTer-
Meyer amendment
The Washington herald., 1914-02-10
COBALT STOCKS.

TORONTO QUOTATIONS.
The Washington herald., 1914-02-10
Consolation for Banks.

Banks throughout the country which
are going to such great expense to col
lect the governments income tax will
console themselves IL they consider the
case OF the railroads 1t is estimated that
last year the cost of the railroads of
furnishing the information and reports
required by the Interstate Commerce
Commission amounted to between $1,000
600 and Sl0.ooo.ooo. an amount equal to
per cent dividends on close to $780,
100000 Of capital. This does not include
the expenses involved in connection with
the investigations Of multitudious state
commissions and various legislative COM
mttees.
The Washington herald., 1914-02-10

Total sales N.on sse against s2SI.0o saturday.
8 $500 week ago. Ind. y zs.eoo a year ago.
The Washington herald., 1914-02-10

furnished bJ n. L. Carpenter & Co.
New York,
Toxls, T..t 49,
The Washington herald., 1914-02-10
NEW YORK COTTON.

Furnished b, n. L. Carpenter 4 Co
The Washington herald., 1914-02-10
Local stock Market.

Bonds and stocks OF the Washington
Railway and Electric Company formed
the main basis of trading on the WASH
ington Stock Exchange yesterday. The
$1,000 and $500 Is of the company, to the
extent OF $1,000 sold 81 Las Thirty
eight shares of common sold soael, 90
shares of the preferred IS LAS L.
Two 1000 Capital Traction 5s brought
los one $500 IS IO7 rs Five thousand in
Potomac Consolidated IS brought 100 La
100 S-S One $1,000 c. and p Telephone 5
brought 105.
Six shares 'of Norfolk and Washington
Steamboat sold at lSe
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
FLORIDA HOLDS UP
ARMED BRITISH SHIP
Wilson Freighter With Two
Guns on Stern Finally Al
lowed to Sail.

Tho United States battleship Florida.
which has been lying in the harbor off
Tompkinsville for several weeks helping
10 maintain the neutrality OF the United
States, held up the Wilson line freighter
Francisco, which was bound out for Hull
England. yesterday morning
The Francisco flies the British flag and
two AZ calibrc guns are mounted on her
stern. The question whether the Fran
cisco was merchant marine vessel or an
auxiliary cruiser under international law
was laid before the State Department in
Washington. Late yesterday afternoon
the Florida received n wireless message
allow the Francisco 10 proceed and
she passed out at 8 05 p. NJ She had
eft her Hoboken pier at O'Clock yes
,erday morning.
Lloyd u. Sanderson OF the Wilson line
said that these guns were mounted on
the Francisco last February, when there
was no thought OF European war
They are merely for defensive PURPOSES,
he said and the mounting Of such guns
on frcighters is not unusual. Al presen,
the Francisco carries no ammunition, Mr.
Sanderson said.
The Francisco Ia carrying about 5000
tons of cargo, principally grain Mr.
Sanderson said that before she left her
pier yesterday permission had been OBJ
tiined from tho state Department for her
To clear this port, but evidently the Flor
ida had not been notified.
Mr.. Sanderson held a long distance
telephone conversation with the State De.
partmen. yesterday afternoon, after which
a wireless message was sent to the Flor.
ida 20 pass tho Francisco.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
STOPPED BY GERMAN CRUISER.
British ship Forced to Drop Wire
Icss-Crew NcutrsIizcd,

The Royal Mail steamer Tagus, from
Trinidad, Barbados and Kingston. ar
rived here yesterday with the report that
the German cruiser karlsruhe had held
up the British steamship DrumcllfYe,
bound from New York to Buenos Ayres
The DrumClffe was spoken by tho
Tagus on August II and said she had
been stopped by the Karlsruhe near
Trinidad. Tho cruiser compelled the
Drumcliffe to dismantle her wireless and
forced the British crew To sign a state
ment promising not to take up arms
against the Kaiser, The Karlsruhe was
bound for Santo Catherine, Brazil. ac-
cording to the officers of the Tagus.
AS rule the Karlsruhe Is not inter
fering with British ships plying between
New York, bermuda, the West indies
and South American ports. Tho Carib-
bean. flying the British nag, WAS sighted
by the Karlsruhe recently, but was al
lowed to pass. There are no German
ports to which the ships could be con-
veniently taken and the officers of the
Karlsruhe probably feel that these ships
are doing no harm and are not worth
holding IN IA neutral port
Richard Llovd George, SON OF the Chan
cellor OF the ENchcquer of England, came
from Colombia on the Tagus. He has
been engaged in engineering work in
Colombia and IL now returning as re-
seryist.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27

islands from the sovereignty ~ Nh.
United States IL fixed. The Jones bu
enlarRes the scope of self governmeu' I'm
the Philippine Islands by granting To- ths
insular administration certain additional
powers. among them the right to have An
elective Senate. thus making both
branches of the Philippine Legislature d.
rectly responsible to the Philippine rso.
pie
The bill qualities the veto power OF IN.
Governor General of the Philippines an.
pointed by the President, but gives ab.
solute power OF veto to the Presiden, nv~-
the acts OF the island Legislature Ths
report on the bill states that the Pres,.
dent is favorable to the "Philppinzat.,-,'
OF the Philippines. II says on this po.rt.
THE present chief Executive OF tgs
United States has extended this polcv
OF 'Philippinizatlon' by naming Hye Vii.
pinos and four Americans with Governor.
General Harrison at its head az membcra
Of the Philippine commission. THEREBY xiv.
ing F'ilipinos control OF both branches ~
their Legislature"
Governor General Harrison is euloeized
for cutting down the cost OF the Philippine
government. IL was pointed out In tina
report that the Jones bill has been ap.
proved by the press of the Philippines and
by the National party. which Is the ma.
Jorlty party OF the Philippines"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
100000 SUIT BASED
ON LOSS IN EXCHANGE
Rise in Cost Of Sterling Cables
Results in Action Over Kron-
prinzessin Cecilie.

The suit OF the Guaranty Trust Com
pany against the North German Lloyd
Steamship Company. claiming more than
si,000.OOO damages for the failure of the
kronpr!n2essen Cecilie to deliver the
trust company's consignment of gold in
Europe, IN based on the loss in exchange
Incurred by covering the obligations OF
the bank on the transaction.
When the engagement Of gold was
made here on July 81 by the Guaranty
Trust Company sterling cables were
quoted at about iS9. When the liner
put In at Bar Harbor to escape capture
II was necessary for the trust company
N cover it's commitment to the other side
by remittances from here Sterling cables
were then selling at So in New York
Thus there was II difference OF about 81
on the purchase Of cables to cover de-
livery. which, on the $4,000. 600 shipment.
was more than sl00O00O.
OF the $500, 600. the remainder Of tho
shipment. destined for the Credit Lyonais
s,OO0,000 has been paid IN to the Ma
tIOnal city Bank for the account OF that
institution. The balance. $4,000. 900. OF
which the National city Bank shipped
$4,000. 900. Hcidclbach Ickeheimer g. Co
81 900. 600 and Goldman. Sachs & Co
S,ooo,ooo has been left In the vaults OF
the National city Bank II is understood
however that n suit may he brought by
the above firms to cover the loss in eX-
change suffered ny them as result Oi
the German liners putting back into port
on this basis OF the rise in exchang,
following the making OF the shipment
which never reached its destination. tn,
bankers making the consignment claim
loss of about s2l00000
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
SHIPOWNERS PROTEST.
Form Committee 10 Explain Obiec-
tions 10 Government.

American shipping interests anxious
and willing to go into the foreign trade
nave inaugurated "A movement hy which
Washington is to be told Just why under
the present steamboat Inspection laws
and the navigation laws the United States
cannot compete with foreign nations.
Under the auspices of the special com
mittee OF the Maritime Exchange APP
pointed TO take up the matter 800 ship
owners OF the country have been asked
to state their objections specifically to
both laws and to suggest amendments.
Armed with this vast mass of expert
information the committee will appear
before the proper officials In due time
and offer their data. which will concern
not only their own ships but ships which
may be purchased by the United States
itself
Maritime Exchange yesterday afternoon
with Edgar r Luckenbach, the chairman
presiding. Present at the same time were
n Il. Walker OF the Old Dominion Line
r. w. Ridgeway and Can't. Luckhurst
Of the International Mercantile Marine.
T. q Warfield OF the Seaboard and Gulf
Steamship Company, +, A. Bishop of the
Iron Steamboat Company, Eugene +.
Moran James r. McAllster. A. I. Smith
and Capt Cullen.
The committee approved the Chamber
OF Commerce resolution calling for the
appointment OF standing commission or
ten similar to tho boards OF trade OF
England and Germany to have charge OF
maritime matters of the United States.
The resolution states that two-thirds of
the members of this commission must be
men with practical experience.
Mr. LuCkenbach told of sending out
| 1900 letters to shipping men asking them
TO set forth why under It's present laws
the United States cannot compete with
foreign nations and the members Of the
committee agreed that the two sets of
laws shall be taken up clause by clause.
section by section. and their objections
stated. Regarding the matter OF inspec-
tion II was said that under the present
laws IL costs so per cent, more to operate
"A ship under tho United States flag than
T. does under that OF England. Members
mentioned In this connection the annual
hydrostatic test OF a ships boilers. the
tusible plugs, the independent donkey en-
gnes and boilers, the certain classes Of
pumps, all of which are expensive and
burdensome
|; was stated then that Robert Dollar
OF San Francisco. owner OF a large fleet
under several flags, has presented Ia
President Wilson a Specific case of one
% his ships now flying "A foreign Nag
l. shows that the tonnage would be- some
thing like II per cent. higher under the
| United States flag with consequent in
creased port charges over those OF
| the ships OF any other nation.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
TOCUT RESERVE BANK
MINIMUM TO $4,000.
McAdoO Works Out Plan Of
Hokc Smith Affecting state
Institutions.
MANY SENATOR'S FAVOR 1T
Emergency Notes at Lower In
terest Also Planned to Aid
Cotton Planters.

WASHINGTON, Aug. 26-The Senate
Banking and Currency Committee will
meet tomorrow to consider bill amend
ing the Federal reserve act to reduce the
minimum from $3.50 to $4,000. with a
have to qualify for membership In the
Federal reserve system.
1t il proposed to reduce the capital
minimum from s25, 900 to $4,000, with a
provision that any State bank entering
the Federal reserve system with a capt.
tai OF $4,000 must within eighteen
months thereafter signify its intention
TO increase its capital stock to $4,000.
the limit bank IL required to have under
the existing law before II may enter the
Federal reserve system.
This bill will be prepared by Senator
owen, chairman OF the Senate Banking
and Currency Committee, and II prob
ably will be reported by the committee
tomorrow. The members OF the COM
mittee were polled to-day and the ma
jority found to be In favor OF Il.
The bill embodies an idea suggested
by Senator Hoko Smith at the cotton
conference In the Treasury Department
yesterday and which was worked out
to-day In detail at conference between
Secretary McAdoo and other members Of
the Federal Reserve Board and Senators
senator Smith ~ active these days in
his efforts to relieve the situation OF the
cotton planters OF tho South lie told
THE SUS correspondent to-day that the
bill is only one step and that others
shortly will be taken looking to more
elasticity OF the currency Senator Smith
said that he would propose legislation 10
authorize banks 20 issue emergency notes
under the Aldrch-Nreeland bill AS
amended up To- the limit Of 20 per cent
of the value OF commercial paper depos-
ted as tho basis for such circulation
The limit under the existing law Ia 80
per cent
senator Smith Is confident that this
latter legislation will pass Furthermore,
he proposes TO recommend legislation
changing tho tax rate on emergency cir
culatlon ~ that Il will be a Hat rate OF
per cent for the first six months that
the emergency notes are In circulation
The present law fixes a rate Of per cent
for the first three months and IAN add
tiunal rate Of one-halt OF one per cent
per annum for each month until tax OF
per cent. per annum is reached" and
thereafter 6 per cent
Senator Overman introduced an amend
ment to-day 10 the Federal reserve act "a
reduce the tax on emergency circulation
under the Aldrich-Vreeland &C, during the
first three months such currency is In
circulation from per cent to / per
cent. senator Hoke Smith expressed the
opinion that this rate was too low
lie believes that 3 per cent is low
enough for a tax rate and he has In con
temptation legislation to prevent banks
with EMERGENCY notes from charging d
higher rate to planters than per cent
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
BANKERS FEAR NEW
SHIPMENTS OF GOLD
No Other Way Devised for Pay
ing City's S82,000,0O0
Debt Abroad.
TARIFF BLAMED FOR DEBIT
Reduced Trade Balance, Not
Liquidation. Said to Have
Caused Gain.
TARIFF BLAMED FOR DEBIT

Bankers admitted last night that thus
far they had been unable 10 devise any
method for paying the citys $4,000. 900
maturities which fall due In England and
France between the first OF September and
the middle OF January without the ship
mcnt OF gold. They are all hopeful that
some credit arrangement or extension can
be effected or that the situation in the
foreign exchange market will become set-
tied so as to enable them to preserve
the city's financial integrity without fur
ther sold shipments
1t was intimated that $3.50 900
would be needed TO change the b1lanc,
abroad In our favor Such an amount,
1t was said. would not be shipped
Bankers. in discussing tho reports Of
the foreign commerce OF this country for
seven months as published on Tuesday
pointed out that the tremendous liquidu.
ton In the stock market should not TIE
held responsible for the swing in credits
against this country and the pling UP oil
an enormous debit balance against us
abroad. That they say. was mainly due
20 the tariff and the business depre sslon
which followed the attempt on the par,
on the Wilson Administration to sharpen
the wits OF American business men
They point out that excess OF exports
over imports for the seven months ended
July 81, 1914, was only s59,625,lO9, as
compared with s307. 93O,l6s last year
The month OF July was particular,
bad one, our imports exceeding exports
by ss,09S.90s. against s653.522 for the
corresponding month last year.
Bankers assert that the liquidation
during the last few days In which tn.
stock market was open was not sufficient
to pile up such a tremendous balance 10
our dob: a. SHOWN In the above figures
II Ia the result they say OF compelling
our Industries, with their high scale Of
wages. 10 compete with European In
dustrles with a much lower scale
The opinion VI. expressed that be.
fore much progress Is made IN CONNIE rec
with South America "A partial revision OF
the sherman antitrust law will be neces-
sary. Bankers point out that unless
shippers and manufacturers are allowed
to combine TO a certain extent that they
will be unable under normal conditions
10 compete with Germany and England
for South American trade. In the extern
sion OF commerce the merchants and
! shippers Of those two countries have had
/ the uniform support OF their home Gov.
ermments. Considering the fact that on,
/ goods are not so well known In South
America and that European trade IL
already firmly established there, II 1.
urged that the Government will have C
| limit some OF it's restrictions regardine
| trade combinations II 1t expects American
| capital TO succeed In South American
| trade,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
MAKES MYSTERY IN WILL.
Asks Executors to Durn
papcrs and Pay Out $4,000.

Mysterious provisions are disclosed In
the win OF Moses Lowensteln, who died
on April 10 last at the Hotel Wellington
ana who leaves the bulk OF his estate to
charitable institutions He bequea thed all
his private papers to his executors and
dlre"t"d them To search through his safe
deposit vault for papers marked Ito lie
destroyed" The tcstator said II direct
that they be destroyed by them by fire
without perusaL' Mr., kowenstein also
left s. 900 TO he distributed among GER
tain persons not mentioned In the will
VINO, he says are known to the executors.
The testator left $1,000 to Mount Sinai
hospital and $500 each to the towns OF
Wallau and Brechenhem in Germany FOR
the poor The residuary estate goes In
equal shares 10 the Hebrew Technical
institute and the New York Institute for
the Deaf and Dumb. lie gave nine 81, 900
leT'c'es to brothers sisters and other
relatives.