davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
DODGE SOON SELLS
HIS MIDVALE STOCK
Report That Director Has Dis
posed Of Entire $40. OOO.-
600 Holdings.
EXPLAINS DROP IN PRICE

Marcelius Hartley Dodge. president Of
the Cnion Metallic Cartridge Company
and the Remington Arms and Ammuni-
ton Company and a director in tho new
Midvalc Steel and Ordnance Company.
has sold "A large part OF his stock in the
new company. This was learned yestcr-
day from men who are connected with
the Midvale company. Tho
ment of this fact created great surprise
in the financial district. for IT was under
with the company believed tho stock.
which has "a par value of $50 per share
and which has sold as high as So. would
soon be worth considerably more than
the present figure.
II could not he learned just how much
OF his stock. which IL estimated at
400 goo shares. Mr.. Dodge had sold. one
report was that he had sold about l20.-
offer from William Rockefeller Of $50 a
share for the remaining 100000 shares.
! At whatever price AIR. Dodge disposed
OF MS holdings, whether In the open mar
ket or at "a private sale. Wall street be-
lieves that he made IA handsome prof., IN
the transaction. As Wall Street under
stands the situation Mr.. Dodge got his
stock in exchange for the stock of the
Remington Arms Company, u new ON
Germ which Is building Il plant AZ Eddy
stone. Pa. and which has valuable con-
tracts for the manufacture of war mum
tons for the Allies.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
SIN More cold From Abroad.

Gold Imports amounting TO S2,900.000
were received At the United States Assay
Office Yesterday. OF the gold $4,000
worth was IN francs and the remainder
In English sovereigns. The gold ar
rived on tho caueronla and Cymric
from London last Sunday, Il was
brought in 10y the Guaranty Trust Com
pany During tho past three months
abou, siO0, 900. 900 worth OF imported
gold has been received ut the Assay
,,.ti,a
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
BUTLER HEADS TRAVELLERS co.
New President BcRan service ns
ONCE hoy.

HARTFORD. Conn, Nov. Sat the
regular November meeting of the direc-
tors of the Travellers Insurance Conn
pany this evening Nice-President Louis
+. Butler was unanimously chosen Sue
cessor to the late sylvester e. Durham
as president of the Travellers and also as
president of the Travellers Indemnity
Company.
Vice-President John l.. Way was
elected u member Of the finance and
salary committee. of which the presi-
dent is an eX-oilic!o member.
\ special committee was selected to
prepare appropriate resolutions on the
death OF Mr.. Durham.
President Butler began with the
Travellers as an office boy.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
s~VRROGATES' NOTICES.

SHARP. WILL AM.-In pursuance OF an
sTdso St n 90 hn co ypnH Of S.sa'en; a
NOTICE IL hereby given to all persons
having claims against William Sharp. late
present the same with vouchers thereof 10
the sibscriber. "a; his p.ace OF transactlng
pusiness a. the once Of his. attorneys,
the City OF New York. on or before tho Let
day OF December next. Dated. New York,
ORTGIES, administrator c. I. a. LORD,
DAY & LORD. Attorneys for Administrator
G. I. a., 40 Wall Street, Borough Of Man.
haitian. City OF New York,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
Formed About . Month AGO.

The Midvale Stcc. II Ordnance Conn
pany was formed ON October =. 1918.
under the laws -: Delaware. Thus IN"
new has been in existence only
a little more than a month. II bought
es per cent. OF the ss.750.000 capital
stock of the Midvalc steel Company.
and the entire share capital OF the Rem
ington Arms Company. and the Worth
Brothers Company. 1t also took con-
troll of all of the properties Of the
Coatesvil!e Rolling Mills, which are OPP
Grated by the Worth Brothers, co. The
M!dvale Steel and Ordnanc" Company
Is capitalized at $l0o.Voo.ooo.
The company has the backing or such
men as Percy \. Rockefeller. Charles
A. Sabin. president Of the Guaranty
Trust Company Frank A Nanderiip.
persident OF the National city Bank
Albert II. Wiggin. president of tn"
Chase National Bank, and william h.
Corey. who is the president of the COM
ANY
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
ASHOKAN DECISION
SAVES N. Y. MILLIONS
Owners of Land Taken for Dam
Get Only Market Value. Says
L. s. Supreme Court.
MANY CASES AFFECTED

WAsHiNcToN. Nov. s.--The Supreme
Court handed down to-day an opinion
which means tha. millions of dollars Will
he saved to the city OF New YORK. The
llighcs, tribunal reversed tho Judgment
of the Federal Court for the southern
pietric, OF New York and the Court Of
Appeals in the Ashokan dam case. THIS
case involved u test suit to fix a meas
ure of value to he applied in awarding
damages for property taken for the new
reservoir in connection with New York
city's improved water supply.
II is held by the supreme Court that
the commissioners had no power to
award compensation TO property owners
in excess OF the actual face market
value" OF the land and that there can
be no compensation allowed on account
of the "a%daptabili;y OF the land FOR
reservoir purposes"
The decision was In what Is known as
the Sage case. involving about $500.
But the rule applied will afect other rom
demnations and in the aggregate will
ave the city big sums which 1t would
have had To pay II the rule Of the ap-
p~raisers to award compensation based
on "adaptability" had stood a. the Court
OF Appeals and the Federal Court below
left IL.
When the fifty loot granite tower in
the centre Of the .\shokan dam site was
dedicated in 1908. Mayor George II. Me-
Clellan answered criticisms of extrava-
gance In the acquisition of land for the
new water supply by saying that all
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
Cotton OIL Earnings Great.

The report Of the american Cotton Oil
Company for the yea. ended August 81,
1915, shows a net profit of se.5l4.i0S,
which is an increase over 1914 Of ST.
026.7s0. The bond interest and pre-
frerred dividend for the year remained
unchanged. at $4,000 and s61l.9ls re-
spectively. while the surplus for the year
just ended. amounting tosi,t27.+S1, shows
an increase Of sl.O26.1So. The surplus
for 1915 is equal to 1.o5 per cent. earned
on the common stock of the company
against l.9S per cent. on the same stock
in the previous year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
senator BurtOn's View.

"Thus the legislators (Conpr. ssiohal
record. proceedings, October . TO IS,
1870.
senator Burton: The committee
thought the adoption of the provision
IN section II Of III. substitute would
drive our flag u OF the TRANSATLANTIC
trade What would be the re-
suit of adoption OF this provision? The
six boats engaged in business on the
Pacific no CUB would be forced to
Withdraw" Page SIS
"Refcrring to the language test Sec
ton tho law requires the Collector of
Customs, upon the sworn complaint OF
any reputable citizen thai tn" section Is
not complied with (which may be made
at any time up TO six hours before
the departure of the vessel) to cause the
master of the crew to determine the fact.
You are powerless to change the law or
to control the action of members Of
the Seamen's Union, who are all 'repu-
table citizens II is easy. however.
when the lines Of the Pacific Ocean
have ceased to he, to give Instructions
which apparently take the teeth out
Of the law.
"PcrChance YOU have not read opinions
of Mr.. William r. Mccombs. chairman
of the Democratic National Committee.
which appeared in THE SuN OF Novem-
Der I thus
"I believe that n La Toilette law
should lie repealed.
~ have Investigated carefully and
| believe the bill puts unwarranted bur-
lens upon In. shipping interests
at is pleasant, indeed, Mr.. Secretary,
to note your satisfaction over the fact
that the stockholders have received Il
good price for their ships. Ii IL due
TO the accident of war, however. and
not to the seameu's bill. that the aban-
donmcut of on the Pacific
Ocean to foreign owned lines of steam
ships was not accompanied by disas-
,rous financial loss to American cor
porations and their stockholders, Yours
very truly,
-. KRuTTscH NIT, Chairman"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

ToccoA. Ga, Nov. S.--The First Ma
tional Bank Of Toccoa did not open for
business to-day. A notice said that #,
was in the hands OF the Comptroller OF
the Currency and that poor collections
and inability to meet tho demands OF
depositorS caused the bank to close.
The bank has a capital of $4,000 and
deposits Of Sl75.ooo. d. J. Simpson 10
president.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

also compose the executive comm ,,..
were elected
Edward Wise. representing dealer.
George w. Hin. representing cigarette
manufacturers Jesse a. Eloct. rcrr,
scn,!nS tobacco manufactures "~S,.i..
Fox, representing leaf tobacco d,i ere
Asa Lemlein. representing cigar mann.
facturers.
Charles Dushkiud was named as 900.
Rotary and counsel and Leon = n..,s.
Us treasurer.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

ADAMS. ALBERT Am pursuance OF
Fowler. a Surrogate OF the County OF New
York. Notice Is hereby given to all per
sons having claims against Albert A.
Adams. late OF the County of New York.
deceased. TO present the same, with vouch.
ers thereof. to the subscriber. at place Of
IN the city OF New York. on or before the
18th day OF December next. Dated New
York. the 10Th day of june. 1915, LULU
r. ADAMS, ENecutriS. GEORGE C. LAY,
Attorney. for Executrix. 90 Cedar Street,
New York City.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

At a special meeting of tho directors
of the Guaranty Trust Company yester-
day recommendation was made to the
stockholders that the capital OF the CON-
pany he increased from SO. 0O0, 900 to
$50. 0O0, 900 and that the new stock he
offered to stockholders at par.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

At the time the Midvale merger was
effected some Of the companies pur-
chased by the banking syndicate headed
by William \. Read & Co. which ar
ranged for the combination. decided to
ton. Others took cash, Mr.. Dodge is
understood to have been owner Of all Of
the stock Of the Remington Ar'ns COM
pany. receiving 500. uOo. 900 stock In the
new company for the Remington stock.
Soon after trading in the Midvale
stock began on the curb the stock
scared 10 %. After that the price be-
gan to decline gradually and fell yes
terday AS low az ,?ii. Wall Street
was at "A loss t. explain this drop in "A
stock for which suCh a great future
had been predicted until Yesterday,
when It became known that Mr., Dodge
had been ~ very heavy seller of his
holdings. II was denied that Mr.. Dodge
planned to resign from tho directorate
OF the Midvale company or that there
was any friction between him ana his
associates on the board.
Other directors OF the mpa have
been extremely bullish on the outlook for
the stock and have announced from
time to time that they were not only
keeping their stock, hut that they Were
continually purchasing more in the open
market. II could not Ice learned why
MIR. Dodge saw nj TO dispose Of "a larg"
part or all of his holdings IN Midvalc.
Wall Streets theory was that he saw
a chance To- nearly double his money
within q short space OF time and de-
cided to do so.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
Figure. ou Al tho Crops.

Statistics showing the size OF the
various crops. preliminary estimates In
moot INSTANCES. with figures giving last
years crops and the average OF the five
years from 1909 to 1913 We're
to-day as follows Tin thousands Of
bushels. !. e. 0UV's being omitted)
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

Abraham Ellner, manage of the gem
eral strike of girls employed by private
dressmakers. stated yesterday that he
had effected III agreement with sixty
of the ~dressmak!ng concerns. including
some of the largest firms, and that 1000
of the strikers would return to work
to-day.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
COTTONSEED OIL.

The list was steady. due to the aba,en.H;
III the hedge selling. Crude oil was firm
early at s.bS. but some late reports we're
that concessions were being made. The
cotton ginning report had comparatively little
influence OH the market. Declines IN cotton
restricted speculative demand for oil. Con.
Stunning inquiries are not abundant from any
quarter.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

The total receipts for duties at the
Custom House yesterday were $529,-
1851, OF which $159,02t.G6 was for
merchandise withdrawn from bonded
warehouses and S370,S72.O5 for recent
importations.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
u. s. WHEAT CROP IS
FOURTH OF WORLDS
Corn Production 5000, 900. 900
Bushels. a Gain Of 49,
OOO. 900 Over 1911.
WAR HOLDS PRICES Up

N.suINGTo%. Nov. unprecedented
harvest returns arc shown IN the pe-
partnlcnt Of Ngriculturc's report made
From "A canvass of conditions the oun
try over ON November I. Previous re-
ports indira,cd bumper crops, but to-
days goes beyond any of the others in
che hopcfulness which II holds out.
Many crops are showing production
recorls which may remain unbroken for
years.
Favorable weather in October re-
suited In the Departments estimate Of
The corn crop for 1915 being raised to
S,Oe0.5o9. 900 bushels. an increase OF
S., 900. 900 bushels over the estimate
made OH October 1. This corn crop
ompare with 2.672,sOi 1000 bushels in
1914 and an average OF 2.70o,3ii.00o
bushels Tor the five years from 1903 to
1918. The farm price for corn on Mo-
Sember l was Gl.? cents a bushcl. COM
pared with 7O.5 "A bushol a year ago.
The corn crop on the basis OF the pres
ent price is therefore worth si,9l3.-
co., 900.
wheat CrOp Grcatcst of Al.
The wheat crop will equal almost one
fourth OF the worlds sntirc outpu II
will establish u record never before
reached by that crop in any nation. The
American harvest this year exceeds the
previous record production OF wheat IN
this country b. more thar 10000. 0OC
bushels. Tho wheat production Is esti-
mated in the latest report at l,OO2. 02s.
900 bushels. compared with S9l,Ol1.Oo
bushels in 1914 and an average of CSC.
69l 900 bushels IN the five year period
The price ON November l was 93.1 cents
compared with 91.2 cents on November
! "a year ago. The wheat crop on tho
basis of the November figures mean.
3932.SSS. 800.
Oats, barley. rye. sweet potatoes. nay
tobacco. rice and peaches all have beer
produced Ia quantities never before har'
vested IN "A single year in the history o.
the country. Ordinarily the heavy pro-
duction would tend to decrease prices
but with the European war continuing 1
Is believed the 1919 crop Will be the mos
valuable ever harvested.
The corn crop is unusually poor II
quality. since IN the corn surplus state
and In tho northern Statcs the cereal wa.
taught by AN early freeze which caused
much light, chaify grain.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09


At So Morninesidc Avenue. July 18th.
Certificates. ~ shares Norfolk and Wes;.
crn, 10 southern Pacific Railroad, belong.
ing to Frances Dolan. D., box $50 sun oficc.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09
KRUTTSCHNITT SAYS
REDFIELD Is WRONG
Pacific Mail Head Declares
Scamcn's Law Forced
Sale Of Ships.
WAR AIDED IN SELLING

In a reply 10 Secretary o. Commerce
Eedneld. made public to-day. julius
Eruttschnitt. chairman OF the directors
of the Pacific Mail steamship Company,
tells Mr.. Itediieid that tho La Toilette
sramcn's law and 10 other measur is
responsible for the sale Of the steam
ship company's six liners-a sale which
almost removed the American flag from
the Pacific.
The Panama Canal bill did not inter-
fcre with the business in the least
says Mr.. K~ruttschnitt. whereas the
scamen's Law imposed most burdcnsome
restrictions"
Mr.. Kruttschni,t says II is not due
to the seumeu's law. but to the accident
of war, that the company was able to
sell its ships without a serious loss.
scnmen's Law Assaulted.
MIR. Kruttschnitt's letter is as fol-
lows.
New YORK CITY. Nov. s. 1915.
"MY DEAR SIR | have read your let
ter to me OF November ..
The reasons why Pacific Mail could
not continue to operate its trans-Pacihc
ships. II the stamcu's bill became u
law, have been given to committees or
Congress I'm detail witt supporting iig-
ures which havc never been answered.
In "A letter t. President Wilson. July &.
1914, unmarried the objections 10
the proposed legislation and gave notice
that 1t would result III the withdrawal
of the trans-paciiic ships. Aftcr a care
ful review Of the subject when tho bill
was passed. We were unable to ind any
WAY to- overcome the difficulties with
which We were confronted. and with the
approval OF the shareholders withdrcW
from the business and sold the ships.
You refer to u reported Inner table
discussion IN December. 1918. between
the Surveyor OF Customs AT san FRAN
cisco and Mr.. Schwcrin (Which, how
ever, differs so much from the latters
opinions often expressed to me as TO
raise grave doubts as To- the accuracy of
the reporters memory II 10 excerpts
from what Mr.. Schwerin said before
A ,.ommitt.. VI Congress In 1919 about
the Panama Canal act. and argue that he
ascribed the withdrawal OF our oriental
line to the Iananl Canal Dill. the
provisions OF which were not applicable
to thai line Of ships. II clearly appears
even from the excerpts contained In your
letter. that Mr.. Schwerin meant that
the Panama Canal hill would put Pa
c!hc Mail out OF business
the Panama ROUTE II So'eei"eu' W ""'
-
N"' wv " ~
you rciteratc that Pacific Mail with
drew from trans-paciiic business be-
cause ii was Improbable ia years past.
| but cannot deny. what every one knows,
that conditions had changed at least
a year before the withdrawal and had
hccom. profitable and the prospects or
tn. future were most favorable. II
) Pacific Mail persisted In the service dur
ing Door wears. IL would certainly not
have abandoned a when a good year
had arrived. and others We're in sight.
except for somr compelling reason.
shall We look for that reason In the
Panama Canal act. which did not inter
fcre with the business In the least. or
I'm the seamen's bill. which imposed
uuon II most burdersome restrictions
According TO the press the same r|estric-
lions hay, boon assigned bv Mr.. Rober;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-09

GO TO BERMUDA by - :. BERMTplAS'
Booklets Quebec So. Co..Itd.. % WwavNT
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1915-03-16
Ell U N E~cONoMICO.

Como nuestros lectores habran no.
tado, tenemo en- nuestro diario una
seccion lismada de Anuncios Econo-
micos, sobre la cual queremos llarfsr
la atencion del publico en- general.
Esta section es de verdadera impor-
tancia para el que busca un emPleo,
pleo, para ell que quiere TN empleo,
para ell que quiere un empieado o sir
~viente, para ell que tiene algo que
vender o comprar, para todos, en- re-
sumen, los que ~necesitan ponerse en-
contacto con alguien para llevar a
cabo ell arreglo de cualquier regocio.
LA PRENSA es ell P~eriodico mexi-
cano mas leido dentro y fuera de San
Antonio y sus anuncios son de result
tados PRACTICES i~nmediatos. En- GUAM
20 al Precio de clos en- la scecion de
Anuncios Economics, bastenos de-
cir que poGemos publicarlos hasts por
IA insignificante suna de IS centavos.
ST necesita listed trabajo o enplea-
dos, S: trata de r~entar, comprar o
vender alguna casa o terrero, 81 ha
2erdido alguna cosa, 81 quiere COM
Yrar o veader mucbles, ioyas, ETC.,
pase a nuestras oficinas y ls darenos
4 conocer nuestras condolences para
publican los anuEcios economies.
Por muy POGO dinero consesuira 10
cue listed desea, pues LA PRENSA
cs Zelda en- todas parties.
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1915-03-16

Ray6 Ell alba con serenidad de luz
embebida de blancura; las ultimas es-
trellas de la noche p%unteaban el fir
mamento raso. Siempre Il el abue-
10 Ell primero en- salir de su CANA
ranchon para husmear las tierras la
brantias. Aquella manana sali0 tam
bien al primer claror. Sin traspO-
ncr ell umbral, a pocos pasos, sobre
ell campo de nieye, hundido en- ella,
VIC un rebujo de andrajos. Avanzo
a re~volverlos; era la "Mirla.' Esta
inmovil. FL noventon sacudi0 %recio;
nj rebullia. Volvio a zarandear mas
brioSo; NADIA.
Sc dispuso a avisar a los de la
casa; metiose umbral adentro, pero
aun yacian todos en- ~silencio. En- a
quel instante, sintio ell labriego, cast
como una sensation, ell zarpazo de
repentina Y brutal; la faltrique-
ia de "MirIa."
La prensa. [volume] (San Antonio, Tex.) 1913-1962, 1915-03-16
o.. e. CURIOSO PARLANTE 60.

no de Cervantes, en- Espaha Sc eScri-
bio aquella escena de Los Mirones"
en- que unos muchachos Sc asocian
cen el fin d~esinteresado Y "especta-
clIar" de sorprender y referir cpl
sodios caIlejeros.
En- Madrid TODD sitio publico ten
d. a c~onvertirse en- casino y .~2rtulia,
ea centric de "~curiosos parlantes.' \
vcces estos casinos no tienen mas
que un socio: en- los bancos de los
DaSeoS, por ejemplo. Mas no impor-
Ia, porque la tertulia va implicita en-
eI "curioSo parlante' que Ia trae a
cuestas por donde quiera. Ell origi-
nalisimo autor del Doctor Lanuela,'
aquel Ros de OIano amigo de ESpron-
ceda. americana de nacimiento Y
uno de los muchoS ''raros" de la IL
teratura espanOla, cuando lego a ca
zador jubilado rorque. de viejO, 10
iubilaron suS piernas sin sujecion
a tai o cual articulo de Ia ley de ca
"a" acoStumbraba reunirse con O.
troS viejos cazadores en- Ia armeria
ic Su amigo Arenas, para hablar de
,us buenos tiempos: ne aqui I'm elem
plo de tertulia entire varios. Pero
1tras veces-nos cuenta en- sus "Epi-
sodios Militares"-Ilego desde mi a
sa a los jardinillOs de R~ecoletoS, me
5ientO a la espera: cato que paSan
gentes, Y, llevado por el habitO de
lpuntar con la eScopeta a TODD ami
NAL s~ilvestre, cierro el ojo izquier-
10, atisbo con el derecho y e CO.
no me pasan por la mira pleas de
caza urbana... la codorniz junto a
la chocha, la perdiz con el Sacre, el
polio de a~lcaraban con las ~torcaces,
Y haSta la garduna al rastro de la lie
ore Y del conejo- Y he aqui I'm elem
2lo de tertulia de IN hombre solo.
Porcve este c~urioso parlante no es-
a solo, en- verdad Y, desde el ban
20 de Recoletos, sigue Sumergido en-
olena charla de la casa de Arenas,
ponderando el equilibrio de IN arma,
81 olfato de iii perdiguero, y estos
r los otroS hazanosos hechos de su
cinegetica ~juventud.
FL "Curioso Parlante" resulta,
pues, hasta por ell atinado seudonimo
representative de su ciudad, en- toda
Ia fuerza de la palabra. Hay que If
e. para conocer el Madrid de en-
tonces.
En- IN museo que nadie vista, el
Museo de Artilleria, existe un plano
en- relieve de Madrid durante la pri-
mera mitad del siglo XIX. Aunque
solo da una vaga idea, Sc aprecia en-
81. por 10 menos, que el trazo de la
villa ' corte no ha cambiado, aunque
asta haya crecido hacia los barrios
nuevos. Es possible aun dar con el
Madrid de Mesonero Romanos( sin
necesidad de buscarlo mucho. Esta
5alvo la demolicion de algunas igle-
sias, intacto Y como emparedado Vi
70 dentro de la nueva ciudad: 10 am
para su genio tutelar. Perdura como
los libros de Mesonero Romanos, aun
que hoy muy pocos los lean.
En- rigor, no hay para que leerlos:
va sabemos 10 que o dicen. La obra
~iteraria de Mesonero ROmanos per-
Pasa i Ia pdgina 8.