davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
CHICAGO GRAIN.

CHICAGO. April o4.-Bullish cables
and European buying of both old and
new crop deliveries forced the wheat
market today steadily upgrade There
was strong close at 70 to 80 above
last night. Corn gained % to y net
and oats Il to 11s. In provisions the
outcome was unchanged to ) down
figure since February largely as a re-
suit of a heavy decrease expected in
the United States visible supply total Mon
day, circumstance which emphasized
the persistent export buying. Traders
apparently could not get away from
the European influence. regardless of
domestic weather and crop conditions
Virtually no attention was given to
reports showing possibilities of wheat
production for 1915 in the United
States and Canada to be greatly in
excess Of anything ever before indi-
Gated
Efforts to bring about a Saturday
reaction in the wheat market proved
a complete failure. In the last hour
especially buying of options was on
a liberal scale and included all the
active months. Particular stress was
laid on the increasingly urgent de-
mand at Liverpool and the incessant
storms interfering with the natural
supply of good quality wheat from
Corn mounted with wheat and owing
to reports of additional crop damage
in Argentina. Shorts covered freely.
Commission house call for September
was feature of the oats trade. Other
deliveries dragged.
Business in the provision pit con-
sisted of weekend covering up
Changes in prices had little if any
significance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
NEW YORK BANKS.

NEW YORK, April 24-Today',
statement of the condition of New Yorl
clearing house banks shows the fol
lowing details:
Loans. etc, s2,4oo.oss,ooo; increase
$1O,2s3,O0O.
Reserve in own vaults s417, 900, OF
which s345. 900 is specie; increase
s12,377.0o
Reserve in federal reserve bank
1921 100000: increase, S1256. 600
Reserve In other repositories, s31
6sl 900 increase. s1.671 900
Net demand deposits, S@,30s. 536 900
increase. $1@,s2s,OOO
Net time deposits, S1237o1 600; In.
crease. s2.5O9. 900
circuIa ton. sa7. 7ss. 900; increase, SIS.
900
Aggregate reserve. $50 2s7 900.
Excess reserve, $171 .O34 $40; increase
$12.977 $50
Summary Of state banks and trus,
companies in Greater New York no,
included in clearing house statement
Loans. etc. s57o.37s. 100: increase
4.7s2. 200
specie, s44.s71 700: increase, $3.50 200
Legal tenders. s9521 800; decrease
Total deposits, 1896. 7se 300; increase
$13324 500
Banks cash reserve in vault, s1o,-
3o9.100.
Trust companies cash reserve DIN
vault, $43.5s4, 400
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
S AND $50 MONEY
to Loan on D. C.. Real Estate
JESSE l.. HEISKELL. 1903 H st. NV.
COTTON MARKETS.
NEW YORK.

NEW YORK. April 24-The cotton
market was quiet today, and business
seemed to be largely in the way of even
ing-up commitments for over the week
end, with the close steady, net points
lower to > points higher.
Relatively steady Liverpool cables and
optimistic reviews of the dry goods Stu
alton caused some scattering covering at
the start, and the market opened at an
advance of ; to points. Active months
sold up apother point or two right after
the cali but reports of improving weather
conditions in the south and rather less
optimistic view of early peace prospects
in Europe appeared TO promote renewed
realizing or liquidation. and prices soon
eased oft Trading became less active
OF a scale down. and after showing a. net
loss of about to . points prices rallied
slightly from the lowest on covering.
New orleans was a moderate seller here
during the morning. but business seemed
to be chiefly local. and the offerings were
believed to be mostly in the way of COM
mission house liquidation Sales of print
cloths at Fail River were heavy during
the past week. and the estimated business
for the last four weeks has aggregated
aS5, 900 pieces. comparing with about
400 900 pieces last wear. The satisfactory
sales and large attendance of buyers at
the auction sales of carpets here during
the week were also generally commented
upon as indicating the improving condl-
ton of trade, and probably encouraged
some Of the scattered buying noted dur
ing the morning. Next Tuesday Will be
the first notice day for May contracts
There will be a meeting of members of
the exchange at noon Monday to act upon
proposed amendments to the bylaws re-
lating to deliveries
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
TO RETIRE STOCK.
New Haven Holders Also Decide to
Amend Company's Charter.

NEW HAVEN. Conn. April 24.-The
stockholders Of the New York, New
Haven and Hartford Railroad Company
in special meeting today by ballot
voted 1,076,128 for and none against,
to reduce the capital stock of the com
pany from 1.SO0.170 shares to 1871 .l19
shares by retiring and canceling 22S.-
991 shares now in the treasury, and
to accept amendments to the company's
charter recently passed by the general
assemblies Of Connecticut and Rhode
Island.
Positive denial that the directors had
considered an issue of preferred stock
was made by President Howard Elliott
in short: address in which he gave
an analysis of the earnings of the
road in the past few weeks. He
pointed out that the financial problem
and while these will be taken care
of. the company's finances will have
to be adjusted in the near future
either through the issue of mortgage
bonds. additional stock or some other
means. Whatever the directors de-
eide upon will be submitted to the
stockholders,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Large Steel Mill Orders.

Among the interesting developments In
the iron industry this week was the pUr-
chase of $4,000 tons of iron by steel plants
In Pennsylvania and Ohio. The ioungs-
town Sheet and Tube Company took
10000 tons of basic iron and 10000 tons
of foundry iron. and other companies
5000 tons low PHOSPHORUS. Foundry
iron sales in other districts amounted to
10000 TO $4,000 tons. The 1915 lake iron
ore season opened April II with several
sales Of ore made In Pittsburgh district
establishing the market at the same level
az a year ago.
The most encouraging feature in the
steel trade was the disposition among
the railroads to buy equipment. The
pennsylvania system calls for l6, 426
cars and 1874 locomotives. Other in
quiries are 2.lo0 cars for the Chicago
and Southwestern. 1000 for the Inter
national and Great Northern. 1000 for
the Minneapolis and St Louis. and the
prospective purchase of 5000 by the
Rock Island. This equipment will call
for the purchase of go, 900 tons Of
steel The 81: Louis. Troy and East
ern ordered 800 freight cars.
Rail mills booked orders for $4,000
tons, including 10000 tons girder rails
for the Chicago railways. 5000 tons
for the Atlantic Coast Line. 1000 tons
for the Burlington and 900 tons for
the Southern railway. The Rock Island
Contemplates the purchase Of 10000
tons. and the Pennsylvania 8 orders for
$50 600 tons are to be distributed soon.
Fabricated structural orders pla ced
amounted to 10000 tons, and two New
York subway sections awarded call for
1850 tons. The Pennsylvania ordered
! 200 tons for bridge work. and in
nuiries for bridges We're put out by
eleven other roads calling for 10000
tons of steel Bids on the eastern APP
proach TO the st Louis free bridge,
- 900 tons. will go in May 10. The
largest building orders were 1850 tons
DSFs 4 %rr
ment house In New York city and 800
tons for d building al Akron. Ohio.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
ROBERT GROVE INJURED.
His Bicycle and an Automobile Col
Tide at Street Corner

Robert Grove. 1o43 18th place north
west. was treated at Emergency Hos
pital last night for injuries he suffered
in a collision between his bicycle and
an automobile at 18th and / streets
northwest His leg was hurt and his
bicycle was demolished
William Wilson. 1l25 18th stree,
northwest. whose automobile collider
with tho bicycle, took Grove to the
hospital
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25

The Rock Island railroad. which was
at the time one of the strongest of
the western railroad propositions, was
ia ken up in 1901 by a speculative party
and subjected to a system of gnancing
or which very few equals have been
shown in American railroad history
In brief. the old railroad stock was
called bonds, the stock being deposited
as the sole collateral for a large issue
of bonds of holding company knowlf
as the ROCK Island Company. When it
was decided 1t was necessary to stop
the dividends on the railroad common
stock there were no funds with which
TO pay interest charges of the holding
company bonds. Hence receiver was
appointed for the holding company and
arrangements were instituted for the
pondholders to take their cola
mere was never any serious doubt that
the operating railroad company itself
was In any poorer position than other
western railroads.
one of the most welcome signs of
general Improvement in basic business
and trade conditions is to be found in
.he recent announcement of the Penn
savanna railroad to the effect that
IN the near future new equipment to
the value of 100000 600 would be con-
Iracted for the eastern lines, and $40
100000 in supplies for the western
INES The orders for the eastern lines
are expected to meet coming mos
perlty, whereas for the western lines
the new equipment is to replace the old
Inc layman fails to understand why
the pennsylvania should order 10000
new freight cars for its eastern lines.
when it has $4,000 cars idle on these
very lines. The trained railroad men
IL appears. look further ahead Add to
TINS the recent report of the American
railways association showing a de-
crease of idle cars to the extent of
s,6oo between March 1 and April l.,
which makes more cheerful nrosnaot
IN so far as the coming Improvement
IN traf1c conditions is concerned News
from other railroads is now anxiously
awaited.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
NEW ORLEANS.

NEW ORLEANS, La, April pa
Price movements in the cotton market
today were narrow. In the early trad
ing there was an advance of to
points, in response to better Liver
pool bles then due. but profit taking
by longs met the better prices and
caused small break. Late in the
morning the trading months were .
to points under the final figures of
yesterday. The close was unchanged TO
points up. compared with yesterdays
close.
The continued rains in Texas and un-
certainty over weather conditions for
the next day or two had a steadying
effect, although no great amount of
buying was stimulated. In some quar-
tiers it was thought that the approach
of the first notice days for May was
against the market and was causing
IA part, at least, of the selling out on
the long side.
The unfavorable features of the
week lend statistics caused much bear
ish comment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
COFFEE MARKET.

NEW YORK. April 24.-The market
for coffee futures was unsettled by
scattered realizing for over the week
end and the May notices expected Mon
day and continued near-month liquida-
3 to points. and prices sold to -
points net lower during the morning.
with the close a shade up from the low
est on covering. but with last prices
still showing net losses of from to 8
points. Sales, including exchanges. were
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
FINANCIAL-LOCALA AND OTHERWISE.
BY I. A. FLEMING.

the close of the war the European
countries will be. for some years te
come, busiIy engaged in the rehabilita
ton of their own industries and the
repairing of the damage that has beer
done. and unfortunately will still he
done, so long as this conflict lasts. 1t
will devolve. therefore, upon the United
States to supply the large demand for
manufactured products which will come
from all South American countries as
soon as their economic conditions have
been reestablished to normal basis
and their purchasing power has in.
creased above what it is at the present
time Our opportunity, therefore, is al
hand for the laying of firm founda-
tions for the acquisition of a just share
of the trade that will be within our
reach at an early date
Shipping Facilities.
The same authority handles the diff
Guilty in obtaining cargo space as fol-
lows:
THE wars interference with ocean
transportation has brought the cost of
ocean freights to the highest figures
the present generation has known. FIX
ports bound for Europe pay from four
to seven times the usual freight charges
and twenty to fifty as much for insur-
ance- The transportation costs of i'm
ports are correspondingly increased.
1T has been carefully estimated that
20 per cent. or nearly quarter. OF the
worlds available ocean tonnage is
out of the regular merchandise freight
market German and Austrian ships
are unavailable. England has com
nlandeered a large number of the
transoceanic liners. also an extensive
tonnage of vessels of the tramp type.
France has done likewise. The number
and tonnage of British and French
ships thus taken out of the market
is quite accurately known.
THE available three quarters of the
worlds normal tonnage is far below
total. Most of the fastest and best
ships have been commandeered for
military use. and the shortage of men
at European ports, the heavy lading of
the ships that carry merchandise. the
necessity of extremely careful naviEa
ton. have greatly increased the time
between the loading and unloading of
ships. European ports are congested
with shipping. Vessels have taken as
long month to unload because the
shortage of longshoremen and the
necessity of waiting for a place at the
piers 1t would not be far out of the
way to venture the statement that.
measured in efficiency, the worlds ton
mage available for merchandise trans
portation is below that of normal
times.
THE result is that shippers are pay
ing 100 shillings ton for general mer-
chandise freights upon which they nor
mally paid IS to % shillings This
means rise from $3.50 or Sc ton
approximately, to s24. or from about
two-tenths of A cent per pound to a
cent and two-tenths. Even at this high
Ships are chartered long before arrival
al port
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
TREASURY STATEMENT.

The condition of the United States
Treasury at the close of business yesters
day was: Net balance in general fund,
s23,027,341: total receipts, s1.S70.096:
total payments. s2.324.s62. The deficit
this fiscal year is S100.033,336. against a
deficit of S31,2e2.1S6 last year. exclusive
of Panama canal and public debt trans
actions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
CHICAGO.

CHICAGO. April 24.-Hogs- pts.
1000 head. unsettled. Bulk. 145a7 50;
light T3oa7.1o. mixed, 725a7.70. heavy.
70oa7.so. rough, 7.ooa7.l5; pigs. 5.5oa
SIS
Cattle-Receipts. 100 head. steady.
Native beef steers, 615as.70. western
steers, 5.65a7. 80; cows and heifers. 3 90
as5o: calves. 5oaa25.
Sheep-Receipts 500 head; steady.
Sheep. 1.5gaS-ss. lambs, S.25alQa5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
LIVE STOCK MARKETS.
NEW YORK.

NEW YORK April - Reeves-Re-
ceipts. 3.2 head: no trading.
ralIes-Receipts. IS head. nominally
steady.
Sheep and lambs Receipts. 743
head, steady. Clipped to extra Ohio
Iambs sold at $50,
Hogs receipts. lao head: IN
changed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
DRY GOODS MARKET.

NEW YORK. April 24.-Cotton goods
and yarns were firm and active today.
Knit goods were more active Linens
firm and dress linens active. Burlap0
were steady 10 firm on heavy weights.
The carpet auctions ended today with all
goods sold,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25

$3.50. April, 5s7; May. SGT; June, SOY;
July. 7.27; August. 1884, September. a.;
october. TAB: November. 7.54: December
March, 100
Spot quiet; Rio No. 7. IN: cantos No.
4. 10.
Brazilian markets were UNCHANGED. Re
ceipts at the two Brazilian ports. $1,000
bags; Jundiahy. 1000 Rio cleared 1000
bags for New York. Arrivals here,
$3.50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
WEEKS RANGE OF PRICES.
Corrected to the Close of Business April "a at
the Office of The Evening Star.
Railway and Miscellaneous Shares.


York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
STEEL ISSUES LEAD
UPL|FT IN MARKET
Buoyant Tone Marks Close of
Halliday Session of Stock
Exchange.
WEEK SHOWS A SMALLER
VOLUME OF SPECULATION
Discouraging News From Seat of
War OvershadoWs Placing of
Factory Orders.

MN n'kh- Apfi 49, 'hN go =
market developed unlooked-for SffehS'h
In the latter ha't OF TO-DAY Sho'
session. closing with an almost buoy
ant tone under the lead Of T. ;. steel.
-,t 80, I-o ~ io,,;,,,+ fca
'''e
t'fH' gaming Two poi'''S - ~
"ompa nimeut of rumors that the case
of tho government against tn. company
,o,,I3 zoos, IL, lo.,d.a N r.,Sonafle
'
terms.
In the carly part of The session
leading shares were more or less neg
Iec,ed interest again shifting to
- -, r, .,5
-, .t,,,
MeNicdh tetroieuil- 'opPefS heiu 80 =
prominence throughout. few Of the
rc,ords uexi,.,r rerroleum also
b,ote all ,.rorts making = Nc, gain
'''h' ~ ''''i'"' NAM
Of "a points on confirmation OF me
report that the company had entered
.u.o " e'S 1870 ,,si,;,,, i.,tares-s
ca 49, Moo,+
Reading. Union Pacific. =. fahl ana
other stocks in the investment class
shared in the latter movement. s'oehs
of the roads coming within the cate
under pressure as also were some OF
the isolated induStrialS. fractions gave
carly rror,isc of greater strength but
sno, r.liDurIished initial advances
Announcement of the proposed suit
apainst the Delaware LackaWanna and
Western railroad bv Morris and ESSEX
shareholders was not made until after
rho close of the market other news
of the day, including irregularty in
the London market, made no impress
sion on the local situation.
The bank statement showed an HneS-
pectedly large cash gain which was re-
fected in a reserve increase of S13-neo-
$40 600. 600. an inconsiderable amount,
considering the heavy stock trading OF
sales 81 stocks TODAY amounted to
f', SD, 49, mainly IRREGULAR total
sales, par value, asgregatins $3.50
noA.
nited States bonds were unchanged
on call during the week.
Excessive Market reared.
80 :. .h
SidShihS III the spe'ui i've pdCe " '"e
stock market this week was due pflh-
cipally to misgivings that ii was run
- oxcaes Seyeral incidents of the
;.,,.
week news aiso a1eeo
drag on the market. particularly the
Rock Island receiverShip, which excited
some degree of apprehension in other
quarters Other Developments of the
week went to show progress in general
business and domestic trade as a whole.
War orders were again potent factor,
although the stocks coming within this
sneciai designation We're much less ac-
tive
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25

Those who are born great soon be gin
shriveltng.-Deseret News.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Rock Island Financed.

mination of dissatisfaction with financ-
ing methods
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Money and Investment.

The continued redundance of money
seems a stock market factor thar is
only Just becoming recognized by the
PUBIC The total surplus above reserve
requirements in the New York clear
ing mouse banks is now sl5S.O57,S2O,
winch compares with only S21,67S, 900
| indicated by the clearing house state
ment yeas ago. One cause of
this accumulation is the change from
20 per cent of deposits to is per cent
OF oeposlts In reserve requirements
resulting from the enactment of the
federal reserve law. But greater in
f1uence is the general depression exist
ing in mercantile and industrial circles,
as well as in our ordinary routine
foreign trade. A very limited demand
for working capital exists among our
merchants and manufa cturers Money
rates have fractionally advanced as a
result of the outburSt of activity on
the stock exchange. This apparently
is eXertlng the influence of inlucing
the shipment of out-of-town funds to
New York with the hope that in the
near future profita BILE channels for
their use may be found.
Total interest and dividend disburse-
ments next month will reach S1279O2-
sol, against s124.402.S0l in May a year
ago. Stockholders will receive in the
way of dividends S47,516.21S. against
S5O,9O2,S01. while interest payments
will approximate s7s.50o.ooo, against
'
either make smaller dividend payments
or omit them altogether. The enlarged
interest disbursements are due to new
bond and note issues. The city of New
York will distribute s16.O00,OoO in in
terest and will pay $22,000.000 matur-
ing revenue bonds.
May Dividend Payments.
A summary OF Mays dividend pay
ments, with comparisons a year ago
(fgures compiled by Journal of Com
merce), follows:
1915 1914
Ipdustrials - SCI 94e $50 SIS. 1855, SAB
Steam railroads. 20 75, S5S 20. SIS. SIS
Street railways. $3.50, 491 2,3SS. O9S
City bank and trust COM
painless ......... 2.2o,oo -,ooo,opo
Totals $47 SIG, 3Us $50. 9o2, sol
The complete record of the payments
made by Industrial corpora tons by
months since 1913 is as follows:
1915. 1914 1913.
January -. 81, 3O6.27a $5l ,2756 31 $a00.35l6
February =. % 11l,S73 2511l,SI 21,si6,34O
March 80. %, 776, GA &c. a99, +04 4o.53S 500
April 5000. A. 40S, 1873 49. 403 100 63,Sis, io6
May ..... 81 ,949, $50 25,lss.Sl5 -, $50
Total s1e4. 22ss. Alb SIS. e7s, s1a sls6 SIS
w. s. COUSINS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
The South American Trade.

The latest issue OF the Americas. pub
lished by the National City Bank Of New
York. contains the following references
to South American trade:
Our general commerce with South
America at the present time Is Ian
gushing. not because of any want of
credits to deserving merchants or pur-
chasers nor because of an alleged lack
of steamship facilities, but because of
the economic setback all South Amer
lean countries have received just prior
to and since the beginning of the Euro
pean war. I believe our prospects for
the increase of trade with the coun-
tries south of us are very bright. At
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25

Total 1874 253 Alb $1s7 27s ,s13 s1s6. 437 sis
w. s. COUSINS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Strength in Copper Stocks.

Copper stocks continue to display
great strength, might be expected
from the urgent demand for the metal
for foreign consumption. England,
through control of the seas, is virtually
in control of the copper market of the
country, and as the price advances the
stocks of the companies show more
positive evidences of strength than for
wears past. Spectators are turning to
these shares. after reaping their prof
its in other lines, which have com
menced to react. The statement is
made that the domestic market for
copper is also active and higher prices
are predicted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Enforced Economies,

i.aaae INA. .he uoihesic market Tor
aoppe. .;o aso active ana n'sher prices
az VI
Enforced Fcon,,,,a.
~
Managers of railroad COMPANIES have
beep forced p, ~. .o,a;,io =. ~.
~ 'h'
ias' re" years 70 inausurate drastic
economies. 10 work for greater eff
cheney 1T less expense, II they would
avoid the nerils of reoreanization md
receiye-s,,ir o=c,,,s 20 .h,,,,,.
go, re- .i af rs -, anin.E nave
s,-I', , ~ oa M lines ana nave
~. 1e,n ,,ears ~. ;ror,u .
10 ~ and 800 I,ras - SoSt VI
, ,ann ana :, some anes OF material. as
~ ,-,@. VI 'Ae ''i nd se
~ :. aai'.
,sa I'M 80 a. ~ iiiins " pr
NJ as,ois appeaIaice'
- 10 t 81, .hs eeo'o"iieS 'he' action
p.s
rs bs'' ,ho returns tl are 10 De expected
49, ''te nnits " .faoe retisal, OF
"iI!oh slsl.s ndte oeeh reported from
a. i'oLa se.,ohs ., me na.o
IN -, oahuaiy VI .nis year, me ra.ir ga
od me me country Iepor.eo loss OF sZo,-
.uo,oo' sioss Sonpdi Gu
Win me xioss IeGtp,s VI inc same
iioi.u III 81 ~ Inc ne'
IN me Same comparison was Out
- oo;ovo.
IN feprualy. the sfoss oecrease az
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-25
Money to Loan

Secured by First Deed of Trust on Reel Estate
Prevailing interest and commissions.
Joseph l. Weller, go F St. NV.