davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28

Tho green" Spectator 10 in ire mar
ket and he 10 being taught the game o.
speculation In the good Old fashioned
way. a graphic example OF what he.
falls him Was furnished by the violent
up and down movement In Cruc.bl.
steel. A market was made IN this
stock with the idea OF exploiting thu
gambling spirit Of the public. Tit price
was rushed up fDpm around Is 10
3ta. In a few DAYS. The TRANSACTION
above 30 were enormous and outsider,
bought heavily Then the move col
arsed The price fell back TO 49,.
and the trading died out 10 relatively
insignificant proportions. In one Office
in Wall Street there we're several out
sidtrs who bought Cruc.hle around tho
top and were badly punished. To make
matters worse some of them promptly
went short OF the stock around %.
This Is playing into the hands OF tho
pool ~manipulators with q vengeance
Having supplied them with a market g.
sell out on the outsider supplies then
with potential buying power In support
later on.
The folly Of an outsider having
anything TO do with a speculative NOV.
ment In an undistr!buted specially ..aS
been illustrated time and again eve
since stock speculation was invented
But the fact IL mat me green" specu-
lator never learns. He always persist
in treating the stock market as 4
roulette wheel.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
CONSOLIDATED

PETERBOROUGH common changed hands
on the Consolidated Stock Exchange to
the amount OF 1890 shares. 1t led the
market as to volume. United States Steel
common with $3.50 shares being next in
respect to activity. This was a good
commentary pom M general cha
OF the dealings. In fact, Il was q spe-
cialty market. other stocks Of this class
being prominent in the trading. while
the standard i@ues. although Arm. were
comparatively quiet. It was evident
from tho opening that sentiment had i'm
proved. A. the session progressed some
spots Of softnsss developed. but they
failed to AFFECT III general market tone.
Underlying tho activity and strength
displayed by the In~terborough shares
was tho understanding that the plan OF
reorganization was now sure to 20
through. Interborough common opened
at 22&. An overnight price gain OF u
OF a point. After touching 20 there was
a further advance to 23 but the clos
ing was 22&. marlborough preferred's
first sale was at 72% and It then rose
10 rs u. closing at 1914. Rock Island
and Missouri Pacific were two weak
spots, The first named opened at III.
touched l7ia n then declined to 1873.
closing at 1871. Missouri Pacihc's OPEN
Ing vas l2%. its high IAN. it's low
l0as and It's closing 11%. Talk con-
t!nued that Rock Island would be
heavily assessed. United States Steel
common, from an opening price OF 81.
advanced to b4E, closing at 54&.
Reading. after opening at 142k. rose
to l43h. closing at l43. Sales of all
stocks totalled 1850 shares.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
"An Unimportant Incident"

The bull propaganda In United States
Steel common stock IL evidently OF wider
influence thar might be supposed. II Ia
cropping out In all sorts Of places. The
Saturday ErentuD Post in an editorial
says: There In nothing especially
notable in the circumstance that the
common stock OF the United States steel
Corporation rose rapidly this spring
when business was so poor that the
company was not earning even the divi-
dends on its preferred stock The rise
was Of course a cheerful anticipation Of
what the corporation may be earning
six months from now. There Is more
significance In the fact that this rise
occurred when n decision was expected
in the suit of the Government to dis
solve the company.
wall Street hRd a double barrelled
explanation of this. First, that the
court would not ind tho corporation an
Illegal combination n order Il DIS
solved second. that IL the court, did
find the corporation to be an Illegal
combination and order II dissolved.
stockholders would beneft thereby Just
as they had through the judicial d~issolu-
ton of the oil and tobacco trusts.
Consequently. whichever barrel the court
fired the position OF the steel trust
would be stronger than ever. In view
If the oil n tobacco presidents his IL
logical reasoning from the premises. and
i Is significant that In the opinion of
the investing and speculating pubic
the Governments ruit TO dissolve the
corporation Is an u~nimportsnt incident
worth serious consideration as a
factor IN tn market value OF the
shares"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
Held Up by Faith.

Canadian Pacific has long been a
shining mark TO the bear Spectator
The absurdity OF his stock selling away
out OF line with American rails has
appealed to every one at some time or
other. At the present time the many
reasons why Canadian Pacific should
not be selling 30 high seem so conclu-
sive that it's strength is regarded by
a certain element in the STREE with q
trace OF irritation. During the past
few days Canadian Pacific has acted
weak on the tape and his has aroused
the old hopes that the big break Is
coming. The price has sagged OF stead
ily and activity has shown a tendency
20 increase on the decline, although = o
far the ground lost has not been enough
TO be cause for particular remark, II
IL reported that tho selling has been
for foreign account n the fact that
tho tendency Is downward In the face
OF a dividend OF $3.50 next Tuesday Is
pointed to a. corroborative proof, There
Ia. Of course only ono reason for the
comparatively high price Of Canadian
Pacific and that IL that Il does not
come 10 market. II Ia held tenac!ously
by people who believe IN It's future. The
only thing that will cause liquidation Is
necessity or something 10 shake that
faith.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
GOSSIP OF All STREET.
Traders and Pools.

Again the stock market was given
over substantially to the operations OF
the professional and semi-professional
traders and TO pool activities. There
was less nervousness, perhaps. a. a re-
suit OF the new phases OF the Nebrasksn
incident. Tho pools behind certain In
dustrials we're evidently less afraid TO
take stock than they had been lately and
prices Of a good many OF these issues
were advanced quite sharply. The up
ward tendency In the general list prob
ably WAS caused by an evening up
rooes by the trading element in ad-
vance OF the holidays. II the next two
days supply No incentives Ger the max
ing OF new commitment there will prob
ably be n continuation of this closing
out OF contracts on either side OF the
list. Whether this 10 to be a clean up OF
shorts or longs Is answered according to
the individual views on the condition OF
the day to day market position. Most
observers seem to favor the Idea that a
floating short interest In outstanding.
Apart from this, however. there was no
definite evidence OF a disposition on the
part OF the financial community as n
whole to either increase or decrease It's
present commitments
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
THE STEEL MARKET.
Sentiment AmonG Producers Cen
tfnues Optimistic.

o..u-- - -~.--
.,n,aa ,"tnrr NON prSuuc ~
~" go ~, op.Ins SaSs re- a..
enu,,,,"n. su,,, Vnprsrss' s..sW. CO,
So. ors np,v u.".s .s,.'o'
49, .o ru vi" ca. w.
ana.s "" oaIs. nss
49,. 49, -.
w ..n.u. 1890 ~
80 b,. IWs p
e,n " &c -" ~. ".n.
,,v""ae,s" W si,IV' 49, por oon !.
ine,e nas oeen sonne ."prove
."1 p'".o 'alNet ,.'onu-s, '"'
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
APRn EXPORTS $l35, 1875, $50.
shipments 10 ENGLAND Alone
valued at 3 a.a2O. Oa2.

The total value OF exports from the
port of New York for April. az shown by
statistics compiled at the office OF Col
lector Dudley Field Malone, was Sl35,-
1e5.7s0. or more than double the amount
for the corresponding month last year,
when the tota. was 36i,SSl,742. The
value OF the total shipments TO Europe
WAS Sl07.224.195, OF which England
alone took $33. s2s. 932.
Tho tota' receipts for duties at the
Custom House yesterday were 5000
0<o,3b. Of which S147.53+.67 was for
merchandise withdrawn from bonded
warehouses and S355.505.6s for recent
1mpertaV0uA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
THE COPPER MARKET.
Lead Advances Another 10 Poiats,
Going TO 40.

Another ten point van took place
in lead yesterday when the American
Smelling and Refining Company named
40 cents as It's New York base quota
ton. II was only a few hours before
that his company raised It's quotation
from 40 TO 4.30 cents a pound. That
lead Is finally on It's way 10 o cents a
pound Ia the belief expressed by some
of the producers.
The copper market was quiet. with
prices nominslly At - cent? . pound.
Deliveries of 10 cent cope are being
made In some instances, although II will
not be general until next month. New
business has been accepted by small
producers and second hands at ISM cents
cash New York. but the tonnages In
volved are small.
Spelter VAS very strong n top prices
were again paid Sales Of prime West
ern grades at - cents n 20 cents
were talked Of. Brass specials wers
at 20 cents and the better grades At
even Q higher level.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
BANKS COMPETE FOR BONDS.
May Cause New York Bsyers q
Raise Bids in Paterson.

PATERSON, N. j.. May 37.-The banks
Of this city have entered into compe-
tition with tho leading bond buyers Of
New York city. This may cause higher
offers from the New York brokers for
both Paterson city and Passaic county
bonds.
Offering 103.133. the Paterson Ma
tional Bank was awarded an issue Of
s3s,Ooo worth OF bridge bonds and s62,-
600 worth Of road bonds. or an even
800, 900, by the Passaic County Board
OF Freeholders. There were eight other
bids-the +. X. McCully Company bid
lOl.55os and H.. l., Crawford 4 CO..
l01 1894. The Hamilton Trust Com
pany and the First National Bank of
this city were also among tho bidders.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
FINANCIAL NOTES.

Bond owners residing in the state viii
tho Guaranty Trust Company, which con-
tains the text OF the new secured debts
tax law Of New York. together with a
synopsis OF tho principal features OF ths
law and explanatory notes concerning
those sections which have Just been
amended, Copies of the booklet may he
had by applying to tho publicity depart
ment OF the Guaranty Trust COMPANY.
This New York curb Market Association
having received notincation OF settlement
by Alexander IL. Low OF 30 Broad street
OF all his oblisations has officially re-
tn:,:tsd him - = member Of tAs 1880
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
NEW MEN FOR ALASKA.JUNEAU
Geld Company to Invite Two East
erners 4 Re Directors.

Il was announced yesterday mat ths
management of the Alaska-Juneau Gold
Mining Company had decided that in the
nsa future IL woul invite two Eastern
men 10 Join the board OF directors. which
at present consists OF five capitalists and
mining engineers OF the Pacific coast
Although II is not known who the new
directors will be 1t is understood that
they will not in any way be associated
with Stock Exchange or banking in
terests.
The company now possesses sufficient
funds to warrant the building of a
stamp mill with a capacity of 5000 tons
OF ore a day. n preliminary work has
already begun, 1t is asserted by the
management hat by he time the mill
IL ready for operation the mine will be
able to supply this tonnage steadily for
crushing. George q, Bradley. who has
been the consulting engineer for the
Utah Copper Company and who has had
charge of the designing and erection OF
the Alaska Cold Mines Company min,
has been engaged to design and erect
the mill OF the Alaska-Juneau company,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
sPEYERS AID MISSOURI PACIFIC
Bankers Deposit Notes for EItea-
siOn-StOck Rallies.

The Missouri Pacific note deposi, stu
alton improved yesterday. 1t was an
nounced that Speyer & Co. had de-
posted for extension the notes held
by the firm. II is understood that this
amount Ia about 81. 900, 900. In addi-
ton to his about $4,000 900 notes are
held by associates OF the firm. who
will probably be guided by the Speyer
action.
At the close Of the day II wa said
that the amount of notes deposited was
SIS, 500. 900.
The stock fell to a new low price yes
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
SUB. TREASURY STATEMENT

WEDNESDAY.
PAID BY Sub Treasury to banks. Si.o7S, 900
Paid by banks 10 Sub-Treasury 2.l%e.oon
Ioss 20 banks on days trans
actions ....-...........,. Si.os7. 900
SINCE FRIDAY LAST
Paid BY Treasury to bank. 1T.osT. oco
Paid by banks 20 Sub -Treasury 900
Loss to bank. ............ iEla:.ooO
vious weeE, .'''''.'' 1900. ''''. $4,000
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28

LONDON, May 27.-The markets con-
Inued steady to-day. Americans were
dull. waiting on your market Canadians
dropped. Git edged issues were again
bought moderately. Homo rails sold or.
Russians steadied, Mines and oils were
neglected.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
THE CURB MARKET
Firm Tone-Arti~c DesI,p.. A.
Small Group Of STOCK.

s1ness eroup or stocks.
A nrm one prevailed in N. ~x
market yesterday. with active d..p.-
confined to a small group o. .,ocs,
American Zinc and New York Tr,n.-
taton featured the dealings, ree~s,s.
advances Of ~ and ls po,n,s -
spectively. United PROFIT SHARING al
World Film were fairly active ~
steady.
OIL stocks were practically nes,.os.1
The railroad shares. changing NJ.
IN n when issued basis. attracted nm
siderable attention and scored sub.,sn.
TIA gains The tone ~ the m,n,,.
division wS Arm. Bonds vera All
Western Pacific "a closing . Mia.
lower. while Chile Copper Is were un.i
tered.
transactions In detail IN the ma,
ket yesterday were az follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
THE PTTTSBERG MARKET.

P%IrsBrRo. May 27.-The market WAS
quiet. with closing prices generally UNI
changed to slightly higher. There was
a good demand for Ohio Fuel Supply
and this stock and Elk County Gas
gained "a each. The summary
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
sis4lO0 ..sis,oa2 So, ass. 10

Receipts from customs May rs. 1894, l5;
from internal revenue. ordinary. ss3j, ?il: cor.
p%oration tax, sIi,6Gl, and miscellaneous,
se2i .599.
National bank notes received for redemp-
ton. s903i, 80
The cash statement of the United States
Treasurer for May 26 shows;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
DAILY FINANCIAL CALENDAR.
Eek DIVIDEND.

Elk DIVIDEND.
Company and Term. stock Amt.
American Laundry Machine. com ~
Atlas Powder. quarterly ....... com ~
Atlas Powder, extra. ...,,..,. DOM NJ
Boston and Albany. quarterly. - ~ 80
Boston and Lowell Railroad
Corporation, semi-annua! ,... - 400
Cincinnati, New orleans and
reNis Pacinc. ~s-mi-snnuAl. oem -
Cincinnati New orleans and
Texas parifr, eNtra.......... com v
Delaware and Hudson, quar-
terry ...'.... - ax-.
Erie and Pit,sburs Railroad,
quarterly .-.-..,~.,........ - lS~.
GslNna sigma OF, quarterly, com az
Galena Signal or, auarterlv. .. pfd &c.
Genera Electric, quarterly ..,.. - ?se
National Transit, uarterlY.... - SOC
standard on Of Kansas, quar-
terly ....... 800. - - %
standard OF OF New York,
quarterly ............... - 2 90
Solar Refining semi-annual.. - So.
DIVIDENDS PAyARLE.
New York, Philadelphia and
Norfolk, semi nnnHl.....,. It's
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
RAILROAD EARNINGS.
Chesapeake and Ohio:

49, 49,
Es,,s VS., r;;s May, ,,, :i;' 99 ss , 7;
CHICAGO, Ipaisnapo!,. and Louisville; ~,
F FHora yaiT i nay, '"d,sti Dec, ,'ssiis
Southern;
Es,;S S:i1 May. :.ss:::::s:% Be- be-: !"'.sss.::.ss:s
F Fe %s'' ;:':s f NV ';,.,,n. Inc. ',:,:;
COLORADO AND SOUTHERN.
The Colorado and Southern Line. re-
port for April:
op.-. revenues. n.s,ts'.1 Inc ''"I "i'sn
Ne, Cp.r rev.; ';sS:'s Inc, ,S2s2
oR s."% s. ?".S n;,cs35.. Inc. r59.!"
opsra,ins inoom. sss,.iitas.is7 inc. '7ssss
UNION PACIFIC.
The Union Pacific Railroad Company
reports for April:
Total oper, EXP tl73,Sa? Dec, iHS,SSl
Net revenue. q, : 2,l2Oloe Dec, saO5,ms
Operating Income, los, cl9 Dec. 37l.iaG
Total r]ey.nu.. .~',so.s,s?s p%.c,t?sa7sa
'"'"' '"'''''''" '"t "'l"l'''N
Net revenue, S29. 500. $40 Dec. 81. 7ss, Az
Operating income. $685. 36 Dec, ! ass, G7l
sOTHERN PACIFIC.
The Southern Pacific Company reports
for April 1915. ChaEseg.
Oper. revenue, . . $40. 49,. o3s Doc. $3.50. 53s
Oper. expenses. 7296.os7 Dec. 37O. Ol2
o1 s:s s:'; ;Sss%;.: 'ss,:; ;::!!.sssfss BE-: '|::;;ss:.s;;s
From July I:
oper, revenue =, Sio7. 500. IT'S Dec. %. $50. $40
Oper. expenses. 72.S22.2 asa Dec. 5.t47,5 Sl
Net r~evsnus.. Ss%.7e7.@es Dec. Is, 2s%, sss
OpsrAt1ng income 1o,t1I,2S0 DSa I1i<,2SS
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
GENERAL FUND
New City Notes.

New City Notes.
0eeuy- Int.
Nv. Rate, Pay, due, Rid. Oner. Yield.
NYcity...e Ms Sept. i.r5 iOs,,iOI = m
NYCisy"...s Ms Sept, i.ls io2,I io7A $50
~Sus1-...s NJ 6spA III w io0l 40
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
DAILY TREASURY STATEMENT.

WASHINGTON, May q statement Of
the receipts and pay warrants of the Treas.
ury shows
MAY &c, This mo. Fiscal IT.
Receipts u...,., SIZE .sGl s+s, bSt. 63s 1868. 396. 270
Pay warrants. 1909. 76i ~. 90, i64 6dO, 40, 379
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28

to da aS.a5 4 - AZ ~ o-dsy .71sss shs,.' Seine day 1914, l2s47l January
Where n &c" follows a quotation It indicates a bid or offer for IN share.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
STANDARD OIL SUBSIDIARIES
CURB STOCKS CLOSING.

seell cents rer SHARE.
Rocky Ford enterprise., 1915-10-08
BAD MANNERS IN SOME SHOPS
Story Concerning the Amusing Su-
perciIiousness Of Saleswomen in
Big establishments.

An amusing discussion took place
the other day in the dressing room
of a fashionable restaurant. Three
women were laughing over the gran
deur of the saleswomen in a certain
Walnut street shop. The shop was
offering reduced rates, and one of
them sauntered in from curiosity
what woman can resist looking over
what may prove to be a bargain? The
saleswoman in charge seemed quite
Indifferent, and upon Mrs. X making
some critical remark about simple
little gown marked down to $3.50.
she raised her penciled eyebrows and
looked pityingly at the customer. as
though sizing her up according to the
gowns S value. oh" she drawled, but
that, you know. you would only find
on an expensive gown-a $50 gown"
Mrs. Y mimicked the grande maniere
of the saleswoman quite out of all pro-
portion with her evident regard for a
$50 gown. and her companions laughed
heartily.-Kansas City Star
Rocky Ford enterprise., 1915-10-08
ANCIENT HOUSE OF WORSHIP
Church in New Hanover County.
North Carolina, One Of the coun-
try's Landmarks.

One of the oldest historical land
marks in New Hanover county. North
Carolina, and among the Oldest in
the country is st. Philips church, To-
Gated 10 miles below Wilmington on
the historic Cape Fear river. 1t was
built by the settlers in 1740. II was
then, and for long time afterward,
the only dedicated house of worship
in the first settlement in North Caro-
lima. Stirring scenes of the Reyolu-
tionary war centered around this old
church. the English troops at one
time riddling the walls of the build
ing with shot and shell while the col
onists were at worship within. A Lon.
don magazine of 1871 relates that a
storm occurred in North Carolina
which began on Monday. December
20, and continued until Friday. Dur
ing this storm many houses were
blown ashore. This storm forced open
a new channel at the mouth of the
Cape Fear eighteen feet deep and
nearly half a mile wide.
The Colonial Danes of America.
North Carolina division, have annual
pilgrimages to the ruins of old St
Philips every year, at which times
picturesque and quaint exercises are
reproduced year after year.
Rocky Ford enterprise., 1915-10-08

1891 enlisted This is shortage of SOL
diers OF .420 agreeably TO the force authorized
by law, and this is an intmation of the extreme
ly heavy work that the men would have to face
in OF hostilities, because minus a
vitality necessary reserve.
The average layman has but the slightest
knowledge of the extremely technical character
of the Coast Artillery corps. and to be proficient
these soldiers receive many-sided education.
Theirs Is the task OF getting the advantage OF the
enemy before the foe can locate the position OF
our guns and mortars, and the whole system OF
defense is the exact opposite Of the way in
which a hostile squadron would approach its ag
gressive task.
\ From the very beginning OF the planning OF our
existing seaboard batteries the idea of conceal
ment was the first concern. The mortars were
designed to be hidden away in pits-each OF
them holding four of these weapons. The heavy
rifles not to be in plain sight, with their
threatening muzZles peering over the crests OF
parapets Instead the disappearing carriage was
invented for n mount. These gave the rifles the
power to crouch while loading or awaiting serv-
ice, and then, when the moment for action ar
rived, to spring up suddenly from behind their
embrasures, to fire directly at the foe. and by
the force of their own recoil to sink from view
and into position for reoading.
How is il possible for weapons of this sort to
be aimed at their targets? II is commonly known
that in naval service the guns are held upon
their quarry by means of electrically operated
mechanisms that swing and elevate the rifles
so that the cross hairs of the telescope sights
can be kept right a moving target even though
the sea be rough and the vessel roll. The gun
pointers are undisturbed by this motion. and at
700 yards and more are able to do some won
derful shooting But the gun pointers and train
ers in the mortar pits and the emplacements of
the big rifles do not. themselves. see the enemy.
Yet despite this seeming handicap still they are
able TO do some extraordinarily effective work
The army gun pointers near New York with
lOInch disappearing rifles have been able to FIRE
four shots in total elapsed time of less than
one minute and these were concentrated upon
target four miles away being towed at the rate
of something over five miles hour. All four
shots struck the target and actually passed
through a rectangle "a feet high by 50 feet long.
At 1900 yards the same caliber guns at Fortress
Monroe scored six hits out of six shots at NOV
ing target. The total elapsed time of the firing
was slightly two minutes, the batteries scor'
ing IA hits per gun per minute
The science of surveying has made these
achievements possible, even though, as has been
said the guns and mortars must be trained and
elevated by men who cannot see their targets
II is a well.known theorem in plane geometry
that the length of the two sides of triangle may
be found II the 9Th of the base and the degree
of the two angles formed by the sides in question
with this base are known. In the case OF the