davidaulloa/AmericanStories huggingface dataset:
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-10-15
BY r. w. BAUMoARTNER


or the more important articles OF
haberdashery, shirts perhaps rank
FIRST.
There are a host OF shirts shown
made up in fabrics. such as for In
stance, Satin Stripes. Satin Stripe
Armure. Satin Stripe Jacquard. Sat
In Stripe Crepe DE Chine. Satin
Stripe Faille. Paue de Crepe, Mad.
ras. Percales. Flannels. Mercerized
Fabrics, etc.
Stin cuffs are coming back into
their own. To conform with the
prevailing modes in mems styles
they will be smaller than hereto
fore, both in length and width. The
stiff cuff is sure 10 make a hearty
appeal to men who wish TO combine
comfort and style. ISomehow or
other stiffness In shirts adds a de-
gree OF dressiness TO the appear.
ance. and II may not be long before
well see men wearing stiff bosom
shirts again although they have civ.
en- no signs OF reappearing. The
stifY cuffs this season come in both
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-10-15
BY r. w. sAUMoARTNER.

OF Y. W. bAO MSRH " e n.
There have been many unusually
clever hat styles created for men
this fall-effects that are distinc-
tive, individual and dashingly bright
but really not entirely new. Hat de-
signers have been buster than bees
for many months trying to think up
new ideas but what they have &C
complished by their diligent efforts.
We must admit, is hardly noticeable.
The general run of styles this sea-
son follow very closely those of last
fall and winter. There are no dis
tinct changes and perhaps there are
q fewer number OF novelties than
ever.
One thing is sure. This is to be
another season of contrasts In head
wear just as last year was. On
soft hats In particular the bows
and bands are of a different color
than the crown.
The Pugaree Band is not shown
nearly SO much as 1t was before. It
is a falling idol" and is due to be
remembered In the style world as o
"has-been." However the Pugaree
Will be worn by many discriminate
ing dressers in the early fall
AS a general rule the hats this
coming season will be much more
dignified than they have been the
past few years. They are still as
we have said before very much iike
those OF previous seasons, but they
are toned down a bit.
Bows In the back quarter will be
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-10-15

hats. The same ideas were Arr
tried out in straw hats this r.
summer and met with a rousing c.
cess.
A hat OF neither extremely NJ
crown or extremely wide brim &
very becoming to most men - g.
new straw hat styles demonstr1
ed this summer. For this reaS1
the same ideas were adopted -
soft hats this fall.
The brims OF great many ooG
hast have wide bound edges OF blol
or colored braid. This II . vo1i
neat effect and gives q sort Of -
fishing touch to the hat. ~ i
Browns and pearls are the fAvc5
ties with greens and blues biddlu&
strong for popularity. They -
shown in various combinations NJ
hands OF black, blue, tan, gun meeo
black and white, etc.
In Derbies the ruling shades agQ
black and tobacco brown. WIZ
rare exceptions the band II the $50
color as the crown.
Silk hats for formal wear sh0v1
tendency to heavier crowns a1n4
rather fiat set brims. They win n
taper SO much as those of provicu
seasons nor will they be worn ~
far back on the heads.
Fur caps will be shown In sty144
adopted from the English Army
They have exceptionally large AaQQ
and are tied under the chin.
There are no decided changes g.
golf caps. They come mostly g.
checked and plaided fabrics.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-10-15

few and far between. They are
shown set on the side almost en-
tirely.
There are also very few fancy
bows. They are with few excep-
tons, plain and inconspicuous. Some
are sewn fiat to side and others
are loose and unattached.
The Derbies OF this fall are not
very noticeably different than those
shown early last spring. There is
perhaps tendency toward lower
crowns and wider brims, although
neither Of these features are ex.
IRENE.
The tapering crown derby has
bright prospects for being one Of the
ruling favorites. Many of our smart
est dressers took great fancy to
this style when 1t was first put on
the market and their approval of
IL has encouraged many manufac-
turers to show even more variations
than ever this fall
In soft hats the Fedora reigns SUI
preme. For years this smart style
has been the popular favorite al
though for the last few years the
younger element haven't taken very
kindly to It. But this fall young
men as well rs mature men will
wear It. Anything said in favor Of
the Fedora cannot be expressed too
strongly. 1t is without doubt the
most substantial and dignified style
that has ever been created.
Lower crowns and wider brims
than heretofore are perhaps the
most striking changes made In soft
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
UPWARD TENDENCY
IN COTTON MARKET
Price, Recover Sharply Despite
Bic crop Estimate by
Ccrdill.
SPOT SHORT

Cotton yesterday showed the best tone
,.,s exhibited since the big decline be-
-, TO gather Roadway two weeks or
-,-e ,so. The manner in which prices
,avanced after the publication Of the
c.,dn estimate placing the yield. includ-
ia, ru,,rs. at 12.S90.0OO bales. was taken
~, sigu ~ a well llquidated market
position.
cordlll's figures are interesting be-
zee he H. the only travelling crop ex-
..r This season who Is publishing an
Innate. His detailed figures making a
,o,,l Of T. $780, 900 bales are as follows =.
,.namo. I.l3O.O Uu Arkansas, 100000 4;
florida. 10000 Georgia, 2%.225,ooo Lou
,.ana. i5o.ur0 Mississippi, ~1.14o.o0o {;
yo-.h Carolina. $4,000 Oklahoma. 950.-
so south Carolina, l.325.O00: Texas.
,ss0 600 Tennessee and others. 40. 900.
Iudging from the comment heard yes
,,rtay the figures are considered at least
200 900 bales too high,
Although ID may take some time for
cotton 10 become settled. the UNDER
hing conditions appear 10 ne fairly
,rund The speculative market position
"a, been reversed and a short interest
VIII a Thoroughly ~liauidated long posi-
ton nov exists.
There probably would he less appre-
tension as to the status of southern
Uot markets u the trade really under
,,ood conditions. There always will be
s,ne weak holders OF spot cotton who
., IA .. fH.uI9 lttf t.afaal Of n hfu,
prppnderatiag long interest In spots
such as existed a month ago. there is
now a substantial Offset In the form of
a shor, interest Hmong shippers who
sare sold freely 10 spinners without
covering by making purchases. Conse-
dlen,ly while some weak holders might
lauda,e on further weakness. there un.
doubtedly would be IA scramble among
spo; shorts to cover II the market should
STOW signs " working higher.
Market closed steady.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
CONSOLIDATED UNHURT
BY GRAIN BOARD BAN
Head Of Exchange Says Cut
ting OFF Quotations Is Of
No Consequence.

NJ. l.. de Aguero. president Of the
Consolidated Stock Exchange. yesterday
issued "A statement denying that tho re-
nova of the Chicago Board of Trade
t!ckers from The Consolidated Exchange
would interfere with the business Of the
latter institution. He charged that the
action of Tie Chicago Board of Trade
was illogical. rs he stated that the
Consolidated has been working in hay-
nony with the Board Of Trade and The
New York stock Exchange as well.
Mr.. de Aguero's statement vas as
follows
Taking out the Chicago Board of
Trade ticker does moi y any way incon-
venience the Consolidated Stock In
change of New York, as, since the great
activity In stocks has developed, there
1as been 10 trading Of any consequence
u wheat. a. our members have not had
time To devote To II. The action of tho
Board OF Trade is Illogical. however, is
We ave been working In harmony with
hem, az well as the New York Stock
Exchange In the effort to eliminate
bucket shops ard bucket shoppers. In
May last We turned down three appli-
c,nts for membership whose financial
condition was excellent because OF their
former utilization with bucket Shop in
tcrests.
1T Is rather Interesting 10 note that
one % these men Was and is a member
of the Chicago Board of Trade. ! quote
here from a letter from one Of the OFF,
GERS OF the Board Of Trade, dated May
II. 1915:
"'CHic>Go. May 81. 1915.
",Mr. W. T.. de- igusro. President Con-
solidatcd stock Exchange Of Netc
York,
".fy DEAR SIN: Yours of the 18th
inst. At hand. and | congratulate" you
and your exchange upon tile action
taken referred TO tn Your letter.
"'Iou may rest assured that We Will
be most willing AZ an times TO fully CO.
operate with you
81. view OF these facts Il seems
strange that officers of that Institution
should use the language ascrihed to
them
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
GOSSIP OF WALL r Z
New lBsyinE,

Inc selling side Of tho market on the
break mas been an open book for every
one 10 read. AS usual II has been as
Plain as the buying side on n bull move
ment. But the buying side on a day
like yesterday IL as difficult to read as
1t IL significant. For a time 1t was
extremely difficult to read. experienced
men saying that they had hardly seen
a time when both the bulls and bears
were more uncertain what to do. But
one thing vas obvious and this was
that a decided menace had been removed
from the market In the collapse of the
war brides from the dizzy heights at
which they ave recently been selling.
This development Immediately brought
a large numbe of people into the market
who had been holding off from the rails,
coppers and conservative industrlals be-
cause they were afraid that the inevitable
fall In the war stocks would bring the
whole list down with 1t. The violent
uprush In Steel common from the low
of the day bore all the earmarks OF u
large cancellation Of short commitment
on the theory hat the worst was over.
for the present at least. Short selling
has naturally converged on Steel to an
even greater extent than usual There
was also an incentive for the formation
OF a new bull position In Steel In the
extraordinarily large increase IN untitled
tonnage The " strong kickback'' in
the war brides was also typical OF u
temporarily oversold market. But the
real strength of the situation In q broad
sense was In the plain evidences of con-
fidcnt buying that wen IN in the rail-
roads and other quarters OF the list.
even when the more speculative portion
OF the list was passing through It's
worst stage.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
Mysterious Selling.

People who have been interested in
the market for southern Pacific. and par
icularly so since the news was received
that a bid had been made by "A syndicate
Cor the purchase OF the Pennsylvania
holdings. lave remarked on the unusually
large supply OF the stock In the past day
or so. To the casual observer the
strength OF the stock may appear the
most prominent feature OF the market,
nut that Is because he has not realized
the breadth and persistence of the de-
wand. The significance OF the news OF "A
hid caught the public imagination i'm
rediately and the rush OF buying has
heen sufficient to put the price far higher
Nad II not been that stock has been sup
nlied freely on every bulge. The buying.
broadly speaking. has been scattered and
the selling concentrated. Another curious
feature has been the way The news that
4 serious bid had been made reached
the Street. The Street had the news II is
claimed almost os soon as the incident
was over. Naturally II was not TO the ad-
vantage of the people making the bid TO
take the public INTO Its confidence before
the deal was closed. so there Is no sense
n directing suspicious that way. Eut
however the thing leaked out 1t fur-
nished an excellent opportunity for
oeople with big blocks OF southern
Pacific to market a little stock without
the assistance OF II one else.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
SECURITIES SOLD AT AUCTION,

40 shares German Exchange Bank. 3T6.
80 shares Central Park North and East
River Railroad Company. $50 por
~ shares United states Finishing Conn
pany common, so lot,
sl,s0l Mutual Fire Insurance Company Of
New York, scrip, 81 lot,
80 shares Commercial Trust Company OF
New York, yG,
IL shares New Yorker Substituting
800 per share,
100 shares city Investing Company com
mon. ~,
$500 shares P!nelawn Cemetery, $3.50,
100 shares Union Ferry Company. 1914,
So shares New York, New Haven and Hart
ford Railroad Company, so
states Trust Company, certificates Of
deposit for railroad bonds to incor-
porate Atlantic aud North Carolina
Railroad and the North Carolina and
Western Railroad to Incorporate the
Western North Carolina Railroad con-
struction and equipment of Western
Railroad, these bonds issued under
s'': 90 lot lot ana 1897 know" "S c'a'
SO, 600 state Of North Carolina. United
states Trust Company certificates OF
deposit for 10 bonds to provide for
funding ~ matured interest on public
debt, known ~ Class 5, $500 lot,
s37 900 state of North Carolina, United
states Trust Company certificates Of
and / for 10 bonds, $500 each, to pro.
vide for payment OF state debt con-
tracted before war. known as Glass 8,
s9,7oi lot.
! shares First -Nationa, Bank OF Edge.
water. n. j.. 30.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
Forced selling.

There was again forced selling n
plenty of II In the early trading. Gus
toners who did not respond TO margin
calls were elected summarily. The break
after noon was caused generally. II Is
said. by selling for the account OF specu-
who managed to hold on until
after the Steel figures came out hoping
tina, these would rally the market. IL
Is also claimed that besides the brokers
the banks took a hand in the game by
suddenly marking down the collateral
values on some OF the principal war
brides. one story was that five or six
banks took similar action at the same
time. The new standard OF collateral
values was established somewhat as FOL
lows: Westinghouse u from 90 to
SO, Midvale from rs TO 80. depak
from 40 10 l2o. Baldwin from ITO TO
80, Colorado Fuel from 90 to 80 ana
Goodrich from 20 to 60. The loan value
on Bethlehem S'eel was left unchanged.
The effect Of this action coming al "A
time when brokers nerves were already
frazzled by the violence &,
the downward movement was to accei"-
rate the process Of cleaning house. But
Il is probable tina, the general specula-
,Iye position yesterday was In better
shape than IL generally the case on such
occasions. The average broker has been
seeing Just such n collapse In his dreams
throughout the past five weeks. As soon
as the wal brides market showed "A
downward trend the broker has done MS
utmost % protect his position. one or
two confess that they may have been
n little too drastic In their requirements,
hut as one remarked. the present Is no
time to consider commissions.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
THE METALS MARKET.

Electrolytic copper was quiet but firm yes
terday at ish to isSc delivered thirty days
for spot and shipment over the next ninety
days, some fair sized contracts are still
under negotiation for export as we'll as do.
nestle shipment. The London market for
American elearolytic was steady NJ fS lOs.,
equivalent TO about $3.50 I, o. b. New York.
STANDARD copper was up los. on spot and
1928 al. on futures. Spot closed NJ ia l7s. id
The local market for pig tin yesterday al.
vanced sharply In sympathy with the rise in
the London market. but few u any GALES
we're reported un,'i very late II the day,
ssIins for conversions. spot Straits Tin AZ
London advanced g los. 10 fl& los. The
Singapore market. based on London Of the
previous day Was steady at ii65 los. and AL.
vance OF o.. for the day, Sales Of 80 tons
were reported. STANDARD tin was also strong
and higher, sDot being up Il lbs, and futures
q &C.. with sales of 40 ions
American Smelling and Refining Company
Yesterday advanced pig tin ~ q ton to 5.l5c.
for shipment from the West In 81 ton lots.
Spot lin n New York was stronger al Bile.
while the 81. Louis market was held ut
{. 07ipo. The London market was steady at
fp' rs. for q, N. b. and f.5 los. for English
lead.
fair demand for sno, and future deli1er,es'
Tho New York market was held at lie. for
spot. ibi to isr, for November. i5isc. for
December and li% 10 i5c. for January. The
ST. Louis market Vas about 20 TO 20 points
under the New York price. London was firm
Anthony firm q, 81 to asc. for Chinese and
Jspanese. and aluminium 10 nominal n ~
to tsc,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
THE SUGAR MARKET.
Whole Market Hig anu'
lated ]. IN 10 to 90 Points.

The whole sugar market was strong ana
higher yesterday. with the trade more or
less excited over an apparent scarcity OF
supplies. which IL causlns buyers no little
un.aslness. aud there has developed a more
active demand for prompt delivery At the
same time Offerings were small and. IN con
sequence prices were strong AMI higher.
sules were reported of Sd,uO BAGS OF raw
sugar for prompt nearby shipment, and out
of store on the basis of is?c. Tor rpntrTfusa al
si test. i6.0o ba,s for Dt.s shipment ~
a.i", cost and freieht and l3,.J bass for
January shipment NJ See. The refined market
was also higher owing to the strength ~
raws. ami on rumors that some liberal sales
had been made for export, Fine sr>Sulaicd
sugar In the reh"ed market adv aacNd 10 to
~ points TO J.'1nS. sc.
In the market for SUGAR futures thcre was
o scramble TO cover shorts In November and
December on account of the strength and
scarcity on the spot. The November position
advanced 81 points. while December WAS up
% points The later mouths we're firm in
sympathy, AMI at tine close OF the day the
list was . TO I points net higher. with the
execution of December. which was ~ points
higher. and November was nominal, a. shorts
we're said to have settled.
Prices follow.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
Unobtrusively strong.

The action Of American Can through
on, the present marke; crisis has been
one OF unobtrusiye strength. observers
who noticed it at all commented upon
this. Can did not join In the latest
whirl t. the war brides ana ior ma.
reason hnl not the unhealthy market
nosition TO discount. Nevertheless the
tape has suggested that some one might
be quietly picking II VI on weak spots
The company's business IL exceedingly
prosperous and Is understood to be very
strong in cash. A number OF inter
esting things might happen around the
end OF the year. Foremost IN the mind
of Wall Street has beeI the ukelhood OF
a paying on OF the back divlaehas On
the J per cent. bonds at l02is. II IL
said that both these propositions we're
discussed when the company received us
first war contract.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
HI COFFEE MARKET.

Th- coffee market again felt tho lack Of ag-
erpss,ve buying for outside account, and AS
longs. especially in December, were inclined
to liuuidatr. values were lower. at one tina
showing net losses Of ) To " points although
M the close there was a slight rally and final
quotations were . TO ) points lower. Total
20 les were a.. $50 bags,
There seemed to be les. disnos'tion TO take
an aggressive stand on the buying side, and
In some quarters II was THOUGHT that the
technical position Was weak owing to the re.
cent buying II was also intimated that there
might I've a less active demand owing to the
political situation abroad. as II seemed to bee
pretty clearly established that a good deal of
the recent buyins was for foreign account,
based on peace rumors.
Offers from Brazil were at n slightly lower
level. Santos Is being quoted in the cost and
freight market At 4 2jc, TO t3Sc, IA AMI hs at
81. 5s and 6s at s60c. and 7s at ! 9oc London
credits. while Rio IL were quoted at 7 S5c.
London credits and sc, American credits.
The spot market was inactive. with Rio 70
quoted at TIC, and Santos Is M eS.c.
The Official cable reported a decline Of 1876
refs in the Rio market. while Santos was un.
chsnged Receipts a, Rio and santos were
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
hi STEEL MARKET.
Railroads sim After Equipment
Bar Iron Prices Up.

me steel mills continue to be deluged
with s~peclhcations against contracts and
'urrcnt business lie heavier than the
NILS can accept for man. months to
'ome, The one grea, fact Is that there
not enough crude steel to meet the
-e1ulrements Of the various finishing
mills. and "a IA result prices continue
20 advlnce steadily, According to ad-
wees from Chicago some of the car
builders have failed TO cover their re-
oIrenrNts for rolled products are
more or less embarrassed. as the con-
'racts Tor cars must be filled under
syiae pressure and probably loss II steel
orders cdunot be placed on present basis
% prices.
Railroads are still in the market for
equipment. Il being estimated that d.
'UV cars are under negotiation. outside
" the .p, 900 said to have been pur-
.hased 10y the Pennsylvania Railroad
me Chicago and Northwestern has den-
h!tely closed for 4 5000 tons of standard
Ais and the Rock Island for 10000
'ohs The Western Pacific mas ordered
1900 box cars from the Pullman Com
p4hy ana 900 additional cars are on
We POM Of being closed.
fTcr. o. bar iron have been advanced "
lt ton 10 SNc base Pittsburg Railroad
..ht' are also up & per ton to Soc, and
'nail .I1e. IRE held around 95c The Ameri.
SSno sheei Ild Tn Plate Company Is holding
40 = gauge galvanized sheets at S70c for
w year luG SOC the first quarter Of 1916.
~ = gauge black ~ stronger at 2.2oc. The
00elooti statement of the United States Steel
rooFpofaIuu Indicates that orders for rolled
s"wG'''i' were taken las, month In excess OF
- TONS
.to-l'p ron Is asain stronger in the Buf.
rh1u ,'fT'1rN where the minimum pri'e Is
~ ~ IUf TINS years delivery and the maxi
IL i"f .trsl quarter shipment,
bst" ''DH A3c -ays. Price advances have
10 no ttoot Of curtailing demand: II Is In
~, ucsN.tr row than al any other stage in
n, l,.-'nI remarkable movement. In the
IN. "''N lis iron. bullets and a number OF
XII Nor'" Ir PIG lrons are SOC a ton higher.
n,t's '.' -hcrt bars 81, forging billets s.,
,S az i.'''' and shapes g., light rails $3.50,
'ssr,t' 'l .rap SOC 10 81
Iht ''fa'y Of certain forms of material
Og,, 'ous than the advances in price
yH. -Iiue manufacturing consumers II
10 'e curtdi!cd because steel cannot
to + ,,' 'oor Of orders in October domes
in uu.l."- figured to a larger extent thar
o, WlaN months Exports in september
lon. rcported by weight were .3sl 90
Of an d PloD tons in August. Values
tTnnt'y were 8 =, N0, on. against $50, 77 900 IL
nv. 90" scarcity of vessel room MAJ
SEM, ,,'"G,ed The Increase looked for il
~ ". .tT the war export movement haI
ta,,aed n. height.
aln., Tor Jaean'- large progrnmme o
IN To-" pped ~ ldrgc quantities iron
10 /. West and heavy shipments are ye
som rscpt inquiries for war bars or,
AIt Too i1c last week on 500 tons TO
~" winch dcli very was wanted within
mss. ."''' months, ~ "A ton above IN
N, offered, but no mill could tax,
'' fc1dr Reti,,o SAYS:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-11
MAINE CENTRAL SELLS BONDS.
$1,000. 900 worth Taken over ny
Syndicate Of Bankers.

The Maine Central Railroad Company
has sold to "a large syndicate OF New
York and New England bankers w.
OO0, 900 Maine Central hrst mortgage
twenty year "A per cent, bonds at 3d.
The syndicate IL composed Of kidder,
Peabody & Co.. J. =. Morgan 4 Co. N.
II. Harris a. Co, II. l.. Day d co, Esta-
brook & 60, Parkinson 4 Burr. Lee,
Higrlnson n C., and other bankers.
The bonds are issued under the stock
holders authorization of October 20 To
provide for the retirement OF 100000
OF the outstanding stock Of the road by
issuing In place thereof 100000 b
Der cent. non-voting cumulative pre-
ferred stock and $7,000.000 bonds