davidaulloa/AmericanStories huggingface dataset:
Evening star., 1915-05-13
CHICAGO WHEAT SHOWS
DECIDED WEAKNESS TODAY
Lower Liverpool Quotations and
Crop Damage Refutation Largely
Responsible for Pressure.

CHICAGO. May 13.-Decided weakness
showed itself today in the wheat mar
ket here. Lower quotations at Liver
pool appeared to be responsible to a
considerable extent Belief that crop
damage from Hessian fly had been
overdrawn was generally referred to as
the chief underlying influence on both
sides of the Atlantic.
After opening 1A to ~ down. the
market rallied. but remained we'll un-
der last nights level
Corn Prices Depressed.
Bearsh Argentine reports acted as a
weight on corn. The market was also
affected by the setback In wheat.
Opening prices, which ranged from q a
Y to aaa3s lower. were followed by
something of recovery, but then a
fresh decline.
Oats displayed relative firmness as
compared with other grain. The only
selling pressure on oats was from pit
spectators.
Higher prices for hogs lifted provi-
sions at the start The market. how :
ever. soon turned easy with cereals
Evening star., 1915-05-13
LONDON AGAIN LISTLESS.
Americans Open Steady, But Only
Small Amount of Business Is Done

LONDON, May 1S.-Money and dis
count rates were easier on the better
bank return today.
The stock market was again listless
and price movements were narrow.
Standard and gilt-edged securities were
steady. but speculative issues were dun
New issues were not wanted, and the
underwriters were left with IS per
cent Of t5.00O.00O OF Argentine issue
aud Il per cent of the East Indian rail
way loan on their hands. The former
was quoted at y per cent discount
American securities opened steady
Only a small amount of business was
done and prices drooped In the after
noon The closing was dull
Evening star., 1915-05-13
ARMY-NAW.
Army Orders.

Maj. Thomas e. Hanson, Quarter
master Corps, will report to the COM
manding general. Philippine depart
ment, for assignment to duty.
Col. George H. Sands, attached to the
4th Cavalry, is assigned to that regi-
ment.
Leave of absence for one month, with
permission to visit Korea and Japan,
is granted Maj. Frank E. Harris, gen
eral staff.
First Sergt. Joseph T.. Johnson. Com
pany I, Gath Infantry. Is placed upon
the retired list at Fort Mcdowell, Cal.
and will repair to his home.
First Lieut.. Franklin l.. Whitley is
relieved from the lst Infantry.
Capt. Francis H. Cameron. jr.. re-
tired, is relieved from duty at Grand
Rapids. Mich. and will proceed to his
home.
Leave of absence for three months
and twenty-eight days is granted Col.
Eugene F. Ladd, adjutant general.
Second Lieut.. Earl l.. Canady. 18th
Cavalry. is announced on duty that
requires him TO participate regularly
and frequently in aerial flights, from
May 3. 1915.
Capt Robert c. Davis. field artillery.
will proceed to Tobyhanna, Pa, for
duty in connection with the joint camp
for field artillery of the regular army
and the organized militia.
Leave Of absence for one month and
fifteen days is granted Capt. Walter K.
Wilson, Coast Artillery Corps.
Naval Orders.
Rear Admiral w S Benson has been
commissioned.
Lieut.. G. NJ Baum. from Maine to
Connecticut
Lieut. r. S. Holmes. from Tacoma to
Michigan.
Lieut.. (junior grade) II. r. Bouson.
from naval torpedo station. Newport,
r. L., TO Montana.
Ensign P. S. Thesis, from Brooklyn to
South Carolina.
Ensign L. r. Brown, from New Jersey
to Brooklyn.
Ensign r. H. Wakeman. from Brook
lyn to South Carolina.
Gunner Noel Chattilon, to ST. Louis.
Naval Movements.
The Nereus arrived at Hampton roads.
May IL: the Nashville at Santiago de
Cuba, May IL: the Brooklyn at New
port. May II: the McDougal Drayton.
Warrington. Henley, Cassin, Orion, Bir-
mingham and Trippe at North river
New York city, May IL; the Wilmington
at Hongkong, May 13, and the Eagle at
St Marc, Haiti, May 10.
The Washington sailed from Vera
Cruz. May 10. for Tampico; the Nash
willie from Guantanamo. May II. for
Santiago de Cuba: the Jason from San
Francisco, May RI. for San Pedro: the
Chauncey from Iloilo. P. l.. May 12, for
Jolo p l.: the GA and Uncas from
Philadelphia. May -. for New York
Yard the Cxclops from Se@all Point,
May -. for New York. and the North
Garolina from Beirut. May L.. for Alex
andria.
The Fa-:agut has been pla ced in re-
serve at the navy yard, Mare Island,
Cal
The Tallahassee. at the Norfolk yard,
has been ordered to proceed to New
York. Upon arrival at New York the
vessel will be considered assigned
to duty with the submarine flotilla, At
lantic fleet. as tender.
The Uncas has been ordered to pro-
ceed from New York to Norfolk to tow
the Constellation from Norfolk to New
port.
Evening star., 1915-05-13
DAIRY MARKETS..
NEW YORK.

NE" YORK. May 13-Butter-Bare
iN steahN' receipts. 4.3ll tubs; cream
cry extras co. score). 27Ih. crea n,nr,
thigher scorihg), 2Sa2Sh firsts, oSHa
p: seconds, 2Ja26
Eggs Irregular: receipts os1.o
cases: fresh gathered extras. o21ya2s.
iirsts 2oa. Y a: regular pacI<e rytra
htsis, 21l2a22: firsts. 20a2I. nearby
h""ner% whites, fine 10 fancy. 23s.3I,
nearby hcnnerN browns 2oa23
cheese Firiner; receipts. 2.20s boxes:
STATE. "hoie mix, fresh. specials. II;
do. average fancy. 1sl.a16a..
Live poultry, firm: western chickens
broilers. 2sa34, fowls, 17la turkeys II
alb. Dressed steady: western frozen
roasting chickens. 17a211a; fowls. 14A
ais. turkeys. l5a21.
Evening star., 1915-05-13
COTTON MARKETS.
NEW YORK.

NEW YORK May 13.-The cotton
market was unsettled again during to-
days early trading. and after opening
unchanged to points lower active
months sold to 10 points under last
night Liverpool was relatively steady
and there was some buying here by
Liverpool straddlers. as well as a ut
tie demand from houses with New Or
leans connections. but there was no
aggressive support and the market was
nervous as a result of scattering 1iqui-
dation, spot house and Wall street sell
ing. which was promoted by reports or
improving new crop conditions. and
continued uncertainty as to interna-
tional politics.
Futures opened steady: July. a.45: Oc-
tober 9.s2: December. 1000: January.
IN 01
Evening star., 1915-05-13
Railway Common Active.

Support being withheld @from Rail
wsy and Electric common stock for a
few days had the effect Of increasing
the offerings, ard when 90 was bid this
afternoon a quotation lot was sold. fol-
lowed by an advance in the price 70
eoi.. where 100 shares were traded in;
fnen TO slI2. where 100 shares addi-
tional were sold, and at the close 10
ala.. the stock practically recovering
its decline and closing strong at the
top. A few shares Of the preferred
sold Al $40. and a quotation lot at So
Small lots OF capital Traction changed
hands al +2t2 and 80. while a2t. was
bid for the stock. \ few shares Of
Washington Gas sold at ~ and -
III the bond !Jst the trading was
fairly active. wrh prices steadily
maintained at l0f%sa16i7s for capital
Traction IS. i00aa for Potomac Electric
consolidated rs and l05 for Washing
Ton Gas IS.
Evening star., 1915-05-13
TRADING FALLS AWAY
IN THE STOCK MARKET
Public Interest Is Lacking and
Brokers Urge Clients to
Keep Out.
Prices Weaken Before End of First
Hour, While War Specialties
Show Great Variableness.

NEW YORK. May IS, 1880 a.m.-Un-
certainty was shown by the stock
market in today's early dealings. but
declines predomnated at the opening.
Dealings were not extensive. but en-
braccd more than the usual number of
issues.
War speciaIties were variable, West
inghouse Electric gaining nearly .
points, while others of that group were
lower.
Motors lost 1 to 3 points. and cop
pcrs denoted pressure.
Standard Rails Fall.
Standard Railways fell from substan-
tial fractions to a point, Baltimore and
Ohio. Reading. Union Pacific and Le-
high Valley being heaviest.
Stocks weakened before the end of
the first hour on vague rumors bearing
upon the international situation.
L. 5. Steel, Amalgamated Copper,
Reading and others of that class broke
/ to points. while war specialties fell
from to 6 points
Not Much Selling.
Unlike previous days. however. the
decline was not accompanied by any
amount of selling. In fact.
trading in the early session was far
below that of recent days.
Public interest was utterly lacking.
brokers advising their clients to keep
out of the market during the present
period of unsettlement.
Bonds were heavy.
List Fluctuates Feverishly.
Slow recovery wiped out most of the
early losses. but the list continued to
huctuate feverishly at the higher level.
Later prices fell again on very light
dealings.
Evening star., 1915-05-13
Action in Wall Street.

The public seems to be getting out OF
Wall street as fast as possible. They
came in. for the first time in years,
near the top of the boom; were caught
in the aftermath of the Lusitania dis
aster and forced TO get out, little
earlier than usual
The boon. N the market. constructed
on war orders and a penitude If
money, seems 10 he nearing its end. If
not ended. demonstrating again that, In
Strenuous times like these. the consery
atiVe course IS the he;tcr one.
With conditions as unsettled as they
are. il is not within the probabilities
that the boom will be resumed in the
Immediate future.
Declines were general throughout the
list.
This was especially noticeable in
war stocks, but the lAses were not
severe. save in Car Foundry, where d
3ss point drop was sustained. and
Reading. where there vas a drop
~ points, while Steel common
was nearly points lower at the
,ow From these prices there was some
recovery, III the second hour of the
morning. hut the trade was unsettled
aud du}i v fth promise Of irreeuiarity
'u prices and nervousness in general
func
Evening star., 1915-05-13
Trade Commission Hearing Dates.

Hearings before the federal trade
commission on foreign trade will be
held in Boston May 2225 and in New
York May :62s. The compission ex-
poets to gather views of leaders in in
dustry ard finance to aid it's consider
alton of expansion of American trade
abroad.
Evening star., 1915-05-13
CHICAGO LIVE STOCK.

CHICAGO, May 13.-Hogs- Receipts.
II, 900 head; strong; bulk. 75oa1.65 :
light. 74oa7.75; mixed. 735a7.72la
heavy, 7.o5a7.63: rough, 7o5a7.2o; pigs,
..o0al.l3.
Cattie-Recepts. 1000 head; steady
native beef steers. 6.S0a925 western
steers, 6.O0a1.so: COWS and heifers, 330a
S75 calves, 650a9.00.
Sheep-Receipts 5000 head: firm ::
sheep tshorn). 7.7oas.s0: lambs tshorn) f.
I 775a9SO: wooled lots not quoted.
Evening star., 1915-05-13
GERMAN EMBASSY GUARDED.
Special Police Protection Accorded
Since Destruction of the Lusitania.

Maj Raymond w Pullman. supern-
tendent of police. has placed special
guard about the German embassy, at
1i3a Massachusetts avenue northwest. II
was not until after the destruction Of the
I.usitania that the chief decided to detail
detectives In the vicinity Of the emb ba ssy
Detectives Mcsser. f.mbreN, Grant and
Armstrong are the members of Inspector
Boardman's staff who are doing the spe-
cisi duty at this time. Heretofore the
uniformed policeman on the beat was un-
der instructions 10 give the embassy most
OF his attention
Evening star., 1915-05-13
Bank of England Statement.

LONDON. May 13.-The weekly state
ment of the Bank of England shows
the following changes:
Total reserve Increased f7.2s7 900
Circulation increased f5s,O00
Bullion increased f7.324.61o.
other securities decreased 1885. 900.
other deposits increased E10, $4,000.
Public deposits decreased f6.301. 900.
Notes reserve increased f7.345. 900.
Government securities unchanged
The proportion Of the banks reserve
to liability this week Is 21 .06 per cent.
last " eek II was 1914 per cent.
Rate of discount, per cent.
Evening star., 1915-05-13
Protest Against Railway Extension

The public utilities commission today
received from Richard W Henderson q
protest against the proposed extension
OF the lines Of the capital Traction
Company on lIth street from T. to I
streets northwest. Several similar pro
tests against this suggested improve
ment have been filed with the commits
sion. They will he considered by the
commission at public hearing to lie
held In the boardroom Of the District
building May c6 at 10 am.
Evening star., 1915-05-13
LIVERPOOL.

LIVERPOOL. May l3.-Cotton-Spot
easier: good middling, 5.6s: middlng.
5.32; low middling. 4.sS: sales, 5000
bales; for speculation and export, 1000.
Receipts. l4.500 bales; futures, barely
steady; May and June. 5.1s: June and
July. 5.25: July and August. 5.31 Y; Au-
gust and September. 5.3a12; October and
November, 5.52 " January and Febru-
airy, SSH; March and April. o.73: May
and June, $50.
Evening star., 1915-05-13
Building Permits.

Building permits were issued today
to the following:
u. j. Dungan, to build three dwell
ings from 2707 to 27ll Sherman ave-
nue.; architect and contractor. d. J.
DUNCAN; estimated cost, $4.950.
j. R. Haislip, to build four dwellings
from 1915 to 1921 18th street north
east; architect, E. 0. Volland; builder.
j. R. Haislip; estimated cost. $1,000.
John H. Lewis, to build dwellings
from 1852 to 1856 Neal street north
east; architect. b. Breuninger; builder,
John II. Lewis: estimated cost, $4,000.
Casper x. Shafer. to repair dwelling
at 12OS-10 End street southeast; esti-
mated cost, $Io.
Daniel LouIhran. to repair garage at
1904 New Hampshire avenue north
west: estimated cost, 81 900
Miss l.. r. Gould. to repair dwelling
at 1858 Newton street northeast; esti-
mated cost. 800.
The worlds richest phosphate mine
Evening star., 1915-05-13
NEW ORLEANS.

NEW ORLEANS. May 13.-Despite
good cables, the cotton market today
opened with an easy feeling and prices
quickly fell off to 10 points on the
more active months. Pressure was not
long continued and half an hour after
the opening the market stood only .
points down.
Futures opened steady. May. $50:
July. 80: October. 9.44; December,
$50; January 9..l.
Evening star., 1915-05-13
Ensign Harlow Commended.

Ensign Hamilton Harlow of the auxil-
iary yacht Yanllton has been commend
ed by Secretary Daniels for jumping
overheard from his ship in Guantanamo
bay recently and rescuing a shipmate
from drowning.
Evening star., 1915-05-13
A Splendid Investment.

recommend to my clients and
to the Investing public sic pur-
chase Of Capital Traction stotS<.
II is n high-crndr security sell
ing way below it's trae value.
nud $40 per shaye less than its
nominal market price. For yenrs
81 has been recognized as ~ stand
nrd Investment. always accepfa-
BILE as collateral to the banks.
The prOperty is well equipped
md prudentIy nnd honestly mnn-
aged. For the years 1898 TO 1914
the company paid annual divi
dends Of q per cent and for the
yenr 1914, n year of marked busi-
ness depression. IL paid from
railway operation -: per cent In
dividends. carried $a6,.:2 10 de-
prcciation, x3., :8 to surplus and
paid in merit awards to motor
men and conductors S2i .6as. In
1908 this stock sold for over $50
per share. and except ON its pres
eut decline has not sold below
III since June. 1902. expect
the company to enjoy even great
er success In the future. and
! consider this an opportunity to
become identified as a stocLh older
in n standard home property at
less than its actual or investment
worth.
Thomas L. Hume. Broker.
l41O G Street.
~se Tel. VI. i34S.
Evening star., 1915-05-13
NEW YORK,

NEW YORK, May .-Flour-Steady.
Pork-Unsettled: mess, 1s75a1925;
family, 2l.00a23.00: short clear. 1350a
2l.50.
Beef-Quet.
f-ard-Easy: middle west. 970a9s0.
ENTHUSIASTICALLY
Hay-Barely steady
IiideS--Dull.
Lent fhcr-Eirrn
Evening star., 1915-05-13
BALTIMORE.
Special Dispatch TO Tie Star.

Special Dispatch 10 Tie Star.
BALTIMORE. May 3-Wheat-Eas-
Ter: spot No. red. 1.55 Y: spot No. 9
red western. 1.61 y: May No. 2 red,
1.55 z; receipts. 1921 bushels
Corn-Easier; spot contract, so; May,
so steamer mixed. IS: receipts. 4s,498
bushels.
Oats Steady: standard white. 58ha
80: No white. 5Sa5sh: receipts, 105, :
SIG bushels.
Eye-Quiet: No. western export,
1.36a ~: receipts. 4,061 bushels
jay-Frmer: No. timothy. % M
No clover mixed, 20 a0a2I00
Grain freIghts-S.eady; steam 70
Liverpool. per bushel, UNCHANGED.
plcked ports, per quarter. unchanged
Evening star., 1915-05-13
Treasury Statistics.

The condition of the United States
Treasury al the close of business yes
terday was:
Net balance in general fund. si6,32L
Ils.
Total receipts. s1,I90.as3.
Total payments. s2.216,52s.
The deficit this fiscal year is Sin3.-
Ss6 5sC against deficit of SIS $3.50
Ia-t year. exclusive of Panama canal
and public debt transactions.
Evening star., 1915-05-13
LONDON MONEY.

LONDON, May 13.-Bar silver-a3ss d
per ounce.
Money y all. per cent.
Discount rates--Short bills, %. per
cent; three months, "a per cent
Evening star., 1915-05-13
NEW YORK METAL MARKET.

NEW YORK. May 13.-The metal ex-
change quotes lead quiet, 4.11a42.
spelter not quoted.
At London-Lead. l19 1JsaE2O rs cd
spelter. E6l los.
Evening star., 1915-05-13
CHICAGO.
CHICAGO.

CHICAGO. May 13.-Butter-Lower.
creamery, 2oa26, Eggs. unchanged: re-
ceIpts. 2O,63 cases Potatoes-J:n
changed; receipts. 81 cars Poultry-
Alive. higher; fowls. IS.
Evening star., 1915-05-13

The northern and southern depres-
sions of Wednesday morning have com
bined into a single trough that this
there were general rains over this dis
trict. followed by clearing weather in
the southeast. There were also local
showers in the lake region and the
northwest. and quite general showers
in the Pacific states and the northern
and middle plateau region.
1t is cooler from the lake region east
ward, while in the Mississippi valley.
the plains states and the extreme cen
trail west high temperatures continue.
Unsettled. showery weather will con-
tinue tonight and Friday from the lake
region eastward. but to the southward
of this area the weather Will be gen.
orally fair.
1t will he cooler tonight in northern
New England.
The winds along the New England
and middle Atlantic coasts Will be mod
crate northwest; on the south Atlantic
coast gentle to moderate westerly. be
coming variable. except southerly on
the Florida coast; on the east gulf
coast gentle north 10 northeast.
Condition of the Water.
Temperature and condition of water
at s am: Great Falls-Temperature
81; condition, So. Dalecarlia reservoir
Temperature. So; condition at north
connection. II. condition at south con-
pection, 10. Georgetown distributing
eservoir-Temperatur 81: condition
at inf1uent gatehouse, II; condition at
eff1uent gatehouse, 3.
Records for Twenty-Four Hours.
The following were the readings of
the thermometer and barometer at the
weather bureau for the twenty-four
hours beginning at pm. yesterday:
Thermometer-Yes pm. 6o;
s pm, So. IL midnight. 81; today. 4
am, 81: 5 am, so; ~ noon. II; pm.
rs. Maximum. IS, at pm. today;
minimum. 56. at am. today
Temperature same date last year
Maximum, SO; minimum. 81.
ACKNOWLEDGEMENTS 4 pm. 5000;
S pm, 1896: IL midnight. 1891: today.
4 am, 1884: am. 1884: II noon,
29.79; 2 pm, 29.I6.
Weather In Various Cities.
Evening star., 1915-05-13
Washington Stock Exchange.

SALES.
Washington Gas Is. 5000 At los. $4,000 at
1o5
Capital Traction 5s So 900 at 104a.. 5000 at
lO4.s.
Potomac Electric Cons. SIS. 81 900 at 1o0a4.
Capital Traction. , at 9.l5. at a3.
Washington Hallway com. % at %. =, at 9ots,
q at a0ls q At a0is % at 3ota. % at a1ia. q
at 9lIs q at ?1ts. y at 91l2. Is at ala4
Washington Railway pfd.. at s4a., 20 at s..
Washington Gas ) at II. 10 at -.
After call-Capital Traction. | at %.
Evening star., 1915-05-13
NEW YORK COTTON.

Quotations furnished by ". B. Hihbs Il Co.,
members New York Stock Exchange, New York
Cotton Exchange and Chicago Board of Trade.
Evening star., 1915-05-13
WEATHER..
Generally Fair Tonight and Friday;
Moderate North Winds.

For the District of Columbia and
Maryland. generally fair tonight and
Friday: gentle to moderate northwest
to north winds.
Evening star., 1915-05-13
Exchange to Close May "a.

LIVERPOOL, May l3.-The provision
exchange here will be closed May "a.
Whit Monday. "a
Evening star., 1915-05-13

FIRST MORTGAGE REAL ESTATE nnl-p
bonds bearing per cent interest, amp'e
cured by hrst-,iass rcal estate. Non tRtah...
coupon Interest seuii Annually. li'u'"d
amount FOR sal" at par In drn"ml o3s pf
800 to 81 600
cIIAS $ MIR & co Inc
Main so35 Ia; \ y ave NV Main .aGs
ESTATES Carefully MANAGED
Evening star., 1915-05-13
LIVERPOOL.

LIVERPOOL. MAY -Wheat-snot
No. Manitoba, l3s lOd. No. hard win
ter. 1Ss gid
Corn-Spoi. American mixed new, SIS
Sd; La Plata mixed. SIS I'D
Evening star., 1915-05-13
Annual Report.

The assets of the company are given,
Il of March /. 1915. as follows: Cash.
s1i.t21: bills receivable, $s,.,33s; in
ventory. at cost. s,514SS: accounts re
ceiva BILE. s634.1l5: real estate. s36o.l4s;
stocks. bonds. etc, investment account.
s1SO,11o: machinery, fixtures, patterns,
etc. $3.50. 1855: Office fixtures and furni-
ture. s25.0.S; rights. patents franchises
and improvements. S4,246,3Sl; improve
ments and patents for the fiscal year,
SSt.11e: total assets. ss,o00.059.
Liabilities-Eills receivabl discount
ed, $500. 600. accounts payable. s92,OS1:
excess of assets over liabilities, 81
>o1.91..
Capital stock authorized. 10000. 900;
uuissued. $1,000, 900: surplus March l.,
1914 soOs3SI2 Dividends II and -
called for slS0.000. and discarded ohso-
lete machines and parts and deprecia :
tion charges for sI5.S34. leaving sur
plus of assets over liabilities of $780,
~.
Evening star., 1915-05-13
CURB STOCKS.

Quotations furnished nv v Hlnbs 4 60.
members Nsw YORK Sto.k EIchans.
Evening star., 1915-05-13
Quotations furnished by W. b. Hibbs & Co.

Holiday on French Bourse.
PARIS. May l3.-Holiday on the
bourse today, Ascension day.
Evening star., 1915-05-13

The worlds richest phosphate mine
is on the Island Of Curacao.
Evening star., 1915-05-13
Money to Loan

Secured nv First Decd o. Trust Real Estate.
Prevailing INTEREST and commissions
Joseph I. Weller. $40 F St. NV.
Evening star., 1915-05-13

Selling Ex Div Sidend Today.
0 !! am. 2lI,4D 10 II m... Isl. .10)
o pm. 81, lOJ 10 Pun. oo2, AZ
Evening star., 1915-05-13
LANSTON M0NOTYPE CO.
EARNED IT'S DIVIDEND
Net Profits for Fiscal Year Ended
February %, 1915. Were s3S7.296.
Presidents Comment.
Washington Railway Common Stock
Active. Advancing From 80 to
s4-Bonds Were Strong.
BY I. A. FLEMING.

The pamphlet report of the I.anston
Monotype Machine Company for the
fiscal year ended with February Is.
1915 has been issued
The report shows net earnings for the
wear of S3S1.296.11. compared with
dividend requirements. had all diNi-
dends been paid in full of SS6",""".
However, only the dividends for the
first two quarters of the year were
paid the corporation suspendiuG pay
ments with the advent Of the war
Commenting ON this phase of the re-
port j. Maury Dove. president of the
corporation. has this to say:
"'By reason Of the custom of the trade
that machines are sold on the partial
payment plan. il happens frequently
that very small amount of the pront
on a machine is realized by the cash
payment. the balance of the proht be-
ing spread over IA period Of time. Fur
ther. in order to keep abreast OF the
times it is necessary that continued
investigation and study III the neld nl
the art aud in the Improvement OF the
machine he made, to The end that "
continues to ma inta in its high standard
of efficiency and its reputation rs the
best al-around tIpeSettlng machine III
the market. and SO substantial sums OF
these earnings have been disburSed IN
developing additional improvements to
the machines. which improvements
have been most successful. ana, as
hereinafter mentioned. have resulted in
substantial orders for these particular
attachments which shows that money
Investments in improvements were we'll
made and the result viii show a hand
some return in the future.
Upon the declaration of war salaries
of officers and employees We're cut .!
per cent. The complete cessation of
our foreign business cut off all earn
ings from our foreign branch and threw
upon this company an increased cost
of output. by reason of manufacturing
and overhead charges, having to lie
carried by much smaller earnings.
Our domestic business for January.
February ard March. 1915, shows an
Improvement over the domestic buSi-
uess for the same months in 191i Since
April l. 1915 the company has secured
special work other than manufacturing
Of our normal output. which we hope
will tend to increase profits, which for
the last fiscal year were a little in
excess of s per cent
Evening star., 1915-05-13

NEW YORK BONDS.