davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06


NEW YORK, March 5-Dun's review Of
trade Tomorrow Will say:
Conditions In business are very much
MIXED. Total transactions are stu below
those OF recent years. Many Of the cotton
ultl'c are running full time ana there
Is q satisfactory business In clothing.
'Some improvement Is noted in the shoe
industry, but conditions arc stu far from
normal Shiphuii6ing is very active. Large
sales are reported for automobiles Com
modify prices generally lower.
Exports continue heavy. During, tho last
week OF February there was n trade bala ne q
for the United states Of nearly 90 90 :.
ofo while for the last thrcc months il
amounted to Nil.0O0o0. Evidence accumu-
iates Of a transferenae Of financial power
and commercial opportunities to tho United
Rtates from the warning nations and that
the international exchanges will favor this
country to such an extent that there will
he n heavy balance In our favor
Rank cisarinEs for tho weak. total 3SIIl
3nIii decrease Of "a per cent from last
Commercial failures for the week unmber
as nssipst 3S) tho corresponding week a
year ago. In Canada. the failures for tn
weak wore tbirty-four, compared with forty.
eight ihst year"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
COTTON MtKkFTS

MN YORK, March s-COt,on ,o.,. -
covered ystterunys losses Win ~, 49,.
F'sahN NJ net nd"anCe - : 10 - no,n,.
ilNerpooi ""s relatively stendv h.for, -.
."c' opening which wa. e, an advance -,
points i'ic"t soon weakened unIer :.
fe"en se,nns hut MFR showing ~,
lc,- OF 20 points M or.rinr. ,an.,.d
~ and m" nark-' nrrned M {"
EuTors o. heter prospects for an eart,.
SfEiHH "i me l-Ernn"@r. wn- xsa-1.3 -
r"h,Ssr the nuyinE movement IN In. la,o
.'"'lfe' and hrty" positions. sold nbn.,, -
q = p"ihi> net higher. Glnplry nrir.s M, =
10" points of from ~" best Eu,uors -. =,
some cotton that had boon hook.1 ,,y ~,
ter"am vas being CUer"J for ro..ls a., =,
savannah market ia not seem 70 a,,,.r.
much attention anc trad. seemed 10 h. los
nervous over the matter Of G.siys,,o. -.
sellers classification uni.r IN. u-nyJsinn. -.
tho cotton :utu-es law. TIVE Sey VT
revision committee has no~ es,a SlI.Soa ~,
ferenees on grades Of i.rgei ana s,at,ns
cotton '"'""o
Spot cotton. quiet: ,nidiliux upland. ss
40 fRies ~
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
New Corporation Ore..ir,s.

The Delta Machine Company has been
organized, and incorporated for the pur-
pose OF manufacturing. buying and sell
ing an Kinds OF machinery and machine
supplies. The principal office to be In
petersburg. The iDcorporators are
Norfolk men, the officers being: presi-
dent. w. n l.. Taylor; vice president.
Albert NJ Edwards: secretary and treas
urer. John w. Smith. The capital stock
is rlnced at $1,000 to $4,000. and the
above officers constitute. the board OF
directors The charter is IA Very broad
one =
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
EMPLOYMENT IS GIVEN
TO FOREIGN LAB0RERs
Government Inspector Making In
qniry rs to Responsibility for
Fraudulent Representation.
NEW CORPORATION ORGANIZED
Delta Machine Company Is Peters
burg's Newest Enterprise-Ne-
grocs in Quarrel Over Game OF
Crhps--Other News Notes.

PETERSBURG. VA. March "a
government inspector OF labor has been
here and at City Point for the last da y
or two. making inquiry as to the re-
sponsib!lity for the alleged fraudulent
sending OF many foreign laborers here
KINDER the promise Of employment by
the Du Font Company and other CON
tracing firms. There were three
patches OF these laborers who had to
be- cared for here, to whom the Du Pont
.ohpanF' To relieve their distress,
hnai'y gave employment. though not
having contracts for them
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
Sealed by Customr omeers.

GALVESTON, TEN. March 6.-The
steamship Pacific left Galveston on
February for Rotterdam with 1850
bales OF cotton. She last was reported
ut Falmouth three days ago, a. cable
message to her agents here reporting
all we'll She was loaded. under the
supervision OF the customs officers at
this port. and her matches wore sealed
by them.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
NEW YoRk pRop,,CE ,,.RKer

NEW YORK. March paw sugar. stro,E:
centri,usSi. 10; 'nolasscs. 40; refined.
steady. Butter. unsettled Cheese. steady
Sp"i coffee. steady: Rio IS rs: Santos is
-,
from local bulls. encouraged BY the marked
scaryitN Of orer!nEs. Final prices showed
nes sam OF to points. The market
G.;5: April 6S-05Ss; May ea9n6.92: .Iunc
"'T'r, July. 'lSn'..i: August ..33E!;.@I:
september. '.S,@'-Si; october. ,.rnS. -. Total
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

improvements wero made. AS post
master he saw service under nI~h,
PRESIDENTS. General Boiling has for
man! years hold the position of major
general OF the Virginia Division OF tho
United Confederate Veterans. lie Is
stiii strong and active. and says he
mas no idea of growing old
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
RICHMOND LIVE srocK MAKkEr

F"(hmohd, Va. MARCH ). ,?.6.
Fest steers. -. TO $: medium TO good. -,
70 =: common to fair. 5'a 20 81. hes, heifers.
- 10 ~: medium to good 81. to 81: COM
mon 70 fair. AZ to ~; best COWS. 5i5 TO $:
:neaium 10 good ~, TO 81: common to fair.
~ TO "a: best oxen, 10 6',: common 10
rsi-. Hs to ia. bulls Ha TO s. Gals. To- ~:
clicks : 20 6; cows a:.d calves, 80 20 sC5 bes'
h"ss. - light. .. to ~; and stays
"a 10 SO; best sheep. ;Iz to 6i.: medium 20
sooc q 10 ia: common to fair. 3i1 10 ~:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
EIre In pr,,. c

The dwelling OF Julia Jackson col
, ortd. on tho Jerusalem Plank Road. I'm
Prince George County. about light
miles from Petersburg. was destroyed
%! hre Yesterday, with much of the
1000 The fire is supposed to have
caught on the roof from sparks from
the chimney
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
fEGGMEN ATTEMPTED rO RON
SAFE IN nRISTOI. OFFICE
Especial to The Times

BRISTOL. VA. March 5-Yeggncu
nored through the lock OF n large safe
III tne once or the stone iiulinE Com
pany here last night in an unsurcessf,l
attempt at robbery. The lock could not
be forced 1t is believed the parties
had knowledge that substantial funds
were deposited there. 4 safe was
cracked and robbed at Jonesboro, Tenn
last night. The police are on the alert
beiering band OF yegginen are in the
region.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
NEUTRALITY-SUSPICIOUS.

THIS Company having qualified as ex-
ecutor or the estate OF John Wiidr
deceased. all persons having claims
against said state Will please present
them. and those Indebted to the estat Q
VIII please mako payment at this
VIRGINIA TRUST COMPANY,
Executor OF John .Wilds. Deceased.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
naby,a Skeleton Eound

yesterday while cutting material for
making chairs. G. W. Wilson discovered
some distance beyond the City Rcser-
voir the skeleton OF an infant from
winch the hesh had been eaten The
bone were'found ina thick cluster OF
bnshes and hriars with some clothin z
scattered, around. There is no clue az
10 the identity OF the party or parties
VINO placed tho body there. and the
skeleton was .nClosnd in box to be
buried In the Almshousr C-e,net.ry
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
0uarrrItO,,r Crnp..

Charles Thomas and Lee Miller. DO IN
co!ored, became engaged In n friendly
game OF craps last evening down about
the Norfolk and Western freight yards.
ne game proceeded quietly until Mil
Ter FUNDS were gone. and he wanted
"o'has 10 give some OF the money
back. This was refused, and nrht
resulted. during which Thomas wa.
stabbed and Required the attention OF
\ physician. Miller was arrested
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

5 &" - poir,s reaching Its highest level
late IN ;he session
The close was at ret gain OF . to IS
points
Spot cotton nral. - points points up: mid
IhhS. 90 sales on the spot. 6,5 bales:
10 arrive. ,lT bales
Gotten future. closing: March sN: MAY
s.tt, Jlly. SGi. October. So: December. shS
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

Mayor Cabaniss and Treasurer STRAIT
ton. today signed the sSO,O0O OF street
roadway bonds and the 100000 OF
colored school bonds. The former have
heen Sold at par. The latter have not
yet been disposed Of.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
COTTON STEAMER HELD UP
The Pacific, Carrying Cargo 10 Rotter-
dam, Ia Taken to Deal.

HOSTON. March 5.-The steamer
Pacific, carrying cotton from Galveston
Tor Rotterdam. has been held UP by a
British warship and taken 10 Deal ac-
cording to message received to-day
by the Emery Steamship Company
owners OF the vessel
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
CHICAGO LIVE STOCR NARkFT

tS'O MnFCh b.-HoEs. higher; bulk.
;: ."nSH": light. ss55dss.&5: mixed IS $50
w: heavy. s6.39TSs. VI; rough ssajHSs s"
PIE s5.SnSt.,5. Cattle. firm: native steer.
$500, COWS and hcifers. s359qI!.7e:
aSee: yeari!rgs. s7.75as>.sj. Lambs. 5. 90,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
PETERSBURG PEANUT MARKET

Eeporttd by Rodgers. Plummer & Co. Incl
PETERSBURG, VA, March 5.-Span !sh-
eishei NirEiniars: Farmers stock-Ma-iet
steady. Fancy Jumbo SIC per pound. fancy
lanuplckcd, st,c per pound: extra prime
q. per pound: Smelling stock. ~. 10 y. pc:
pound
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
MISCELLANEOUS MARKETS.
NAVAL. STORES.

SANANNAi, GA. March 5.-Turpen,!ne
nrU.. -; sales. none: receipts. IL casks. ship
:nsH;S. 1873 ca SKIS: stocks. 33.i?6 casks Rosir
trn:i sales. .je barrels; receipts. 80 barrels:
shipments VI barrels: stocks. Ic..ic4 barrels
Quote: a, b. s.s5.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
Dried Fruits.
MARKFr CONDITiONs
N!chnoud, Y. March 5.

MATk TT CONDITIONS
PoIitr%-Ma rEat very active Chicken.
and h.ns-Scarcr and wanted. EEKs-Star.
Rrt very %eaE and unsteady: receipt. h.avv
Butter -Narke, weak ana unsteady; receipts
heavy A. other produce IN general sell.
Ing :a'..
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
INVEST YOUR MONEY
6, J and 8eo Net to You

In flrst-mortgage real estate loans
not exceeding 500 of value. Abso-
lutely safe. We have loaned more
than $2.000,000 for our clients. "a
years In business. Reference any
bank in Atlanta. Correspondence in
vited. Address Loan Department
Gin c. Hatcher Insurance Anency.
NEUTRALITY-SUSPICIOUS. Grant H,s~
ATLANTA, GA.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
CuIc>Go CR,I, M.uupr

CHICAGO, March Pears that export Do
mnnd Tor wheat from The United S,sre.
nigh, suddenly halt had d,.turbine erfec,
to-day on price, but AZ In. finish the mar
kA'. although unsettled. waS at the Same
level - Isst nigl, 20 Ia on Corn clo,ea
AZ. do7n. and oRts ~ decline OF !, 10
y Provisions wound W with gains c. ~
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
wic,,Mo>D SToCE MAnKrr


Richmond. Va March '.G
STATE SECURITIES raj, AS.,a
+ -. -. Old -. and X ............ ss-
Centuries = . =. and Y - "a
STEHtT RWl STOCKS
= Hwy. Pnrcr, ,,fd... >, on
:, E"". BuW"-. crri........ 4.
RAILROAD S'PoCES
I'iaT,' coast Line com ,na
hesarsrEc ana Ohio. =. -
NoT'olk ard Western com ~
SEQ hoard AI- Line pf6 :.
See board Ar Line com - 80
Southern Railwa., ND A., 80
southern Raiivay com -
BANK srrrES 80
Fi--t National Rark ,,-,
TRUST COMPANIES SrorIc '.'
Old Dominion Trus, GO ,a -.
Virginia Trust COMPANY ~ :"
MISC ELLA Nt:DUF go
car Chemical. ND So. - .
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

Stock.
Sales.

lao" Alaska Gold
Allis-Cha;mers
Allis-Chalmcrs. pfd.
$500 Amalgamatcd Copper
100 Am. Ayr. Chem, com.
800 Amer: Beet Sugar. com.
fsOO AMERICAN Can
500 .Americaif Can. pfd.
800 Amer; Car and Fdry.
.on american Cotton OF
zoo Amer. Hide and Lea. pr.
American Linseed Oil :.
100 American Locomotive
100 Amer. Malt Co. pfd.
100 American Smelling
100 American Snuff. com.
800 Amer. Tel. and Tel. Co.
american Tobacco, com.
500 Anaconda Copper
SEQ AtchiSon
Atlantic Coast Line.
$500 Baltimore and Ohio.
3.loo Bethlehem Steel Co, com
Bethlehem Steel Co, pfd
British Amer. lob. Co.
Loo Brooklyn Rapid Transit.
100 central Leather. com
i,o0U canadian Pacific .......
quo California Petroleum -.
l,5oo Chesapeake and Ohio.
Chicago Great Western.
Chicago Great West, pfd
$500 Chi. Mil. and St. Paul.
1000 Chino Copper ........
Crucible Steel Cor. com.
Crucibl Steel. pfd.
100 Colorado Fuel and Iron.
colorado and Southern.
700 Consolidated Gas
leo Corn Products. com.
Den. and Rio Gran, com
5000 Erie
900 Erie. LIST pfd
Fed. Min. and SIN. pfd
100 General Electric
Goodrich. com.
1000 Great Northern, pfd
1900 Great Northern Ore CTS.
100 Illinois Central
goo Interboro- Met.
$50 luterboro- Met, MD
zoo Int. Harvester, com.
Int Mer Marine. pfd
Int. Paper
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

NEW YonK Mnroh Port mov.u,.,,
5ba y,aleh. -
sTo,ai to-day al jort--Nr r.e,.c,,
\ ss9 bAles -
SSaS Total for week Ne, receipts so.s5 tel
sxpeYts, az els bnlos We co.
Total for season Vet r.c.,pts. ,.,,n
aiaJsst exports 5ts5' 90 bales :"
$Ss VIEW ORLEANS. ms.ch 6-C,,,on .,,,
Srsstsstrength to-day; Strong buying wa. ~
evidences, snhoush The ing Wa, unsbia -
{ the buying. Shorts cov.r.i in confus,op
q Z nd seT,tiYnsnt wan more bu'li.h anon
sSss1fonai traders thsn for ,ome go. ~"
: Ter tho advance WI unt.r o..
III nsss rVrnprsd tim: Au,tr. soor rnnij
: go forf peac<. This r1cors,-jlv ,,ow"s.
4 ~ many huying order lr ta- rs, sy,sos
4 S,fesss were - TO : poir., ov.- y.a,.,d,y's
!. 1IglsxIgbut heavy oTerins ,ofest nrfe,, Z ~
- yrn3,sts 6owu- On tn tsrslrs a. III =
$,riycc dsvs:spsd. uponiv y the 'msrkrl rois
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

sRABOARD AIR LINZ HAILWhr
Tho Proressivo Hallway or tho South. =
Southoound trains scheduled to leave Rich.
mond dstlyi $500 A NJ. Local TO Horiina. l:N
D.. sleePers and coaches Atlanta Bir.
ninghaM. Jscksonvills: l0:3o p. NJ, sleeps,
to hamlet and coaches to Atlanta and Biz.
nninSham; nan =. NJ. Florida Limited; ,:v
A n. Hoopers. Atlanta, BiFmin Sh am.
Mem phi., Jacksonvtlis Tampa and coaches
Eorthbound trains SCH .dulsd to arrive In
Richmond daily; 6:GS A. H.. 7:S A NJ s:u
A. n. tS5 p. NJ. 6:S L. Local
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
Atlantic Coast Line

Tho STANDARD Railroad Of ihs South.
EFFECTIVE JANUARY 4 ISH
TRAINS LEAVE RICHMOND DAILY
For Florida and Bouth: s:N A. NJ and C:S
p. H.. u:1 p, N. 1850 A. II.
For NorIelk: s:eS A NJ. $500 p. n. t:N
Fof N. a W. Ry. West: Sis A. II. so
a; 81. 400 P. NJ. s:eo P. II.
,. xor f:teI ,aeS 20, "A 4 NJ s;n 4 n
t:io +: ~. sos r. III. s;aS p. NJ. s;0 r 4.
For Goidsboro and Fay attsviIts: .I:lo r. ~
Trains arrive Richmond daily: b:B A. IL
.o;!s A. n; s:0 A. N; 7:oo A. 81. .i:s7 a. II.
H., s:6s P. A.. S:7s p. NJ. $40 p III. $50 P. "
Except Sunday. fsunday only.
Time OF arrival and departure and connso.
lions NOT guaranteed
G. S. CAMPBELL. d. p A. III Main H.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

Sunday accommodation trains leave Elba 4.ls
= n. Tor frsterieksburg; arrive EibI iI.7; 4. n.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

NEW YORK, March S-Mercar,ile par.r.
SaNtS'. sterling exchange. firm. siXty-day
niilS, Stew: for cables. - N'3j. for demand.
$iS. Rar silver 49,. Mexican dollars. 81:
Government bonds, nrm. railroad bonds
strong. Tine loans, cas"; sixty days 80.
s'.: ninety days c'.n5. six months, 3,.T3t.
l-alL mnncl. stcanN: rnl!nE r.tc -.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06
RICHMOND GRAIN MARKET
RICUMOSD HAY HApEEr

Richmond. Va. March : .,!6
"EoplnS are tne quotation, On the Rich
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-06

'Dsily. iWsskdsys.
All traiAs ts or from Byrd Street Station
stop at Rlbs. Time Of arrivals and departures
not Eaarantsed. Read the sIKas
Norwich bulletin., 1915-02-05
Republicans Are Jubilant.
CONSULAR SUPERVISION
 OF WILHELMINA'S CARGO.
Proposal by Count sernstoff, the Ger
 man Ambassador.

Washington, Feb. 4.-Much interest was manifested at the state depart ment today in he proposal of Count Bernstoh. the German Ambassador that an American consular officer sup ervise the distribution of cargo of fodStuffs on the American stamer WiI- helmina to make sure that they reach ed the civilian population and not the armed force of Germany.
 State department officials declined to say whether American consular of ficers would be authorized to supervise the distribution of the foodstuffS and in British circles it was announced that Great Britain probably would not permit the cargo of the Wilhelmina. to proceed under such an arrange men which, if applied to all cargOes of foodstuffS. might develop into a plan whereby grain and flour now in Ger many could be utilized entirely for the armed forces, while the civilian pop ulation was fed by imported products.
 The doctrine of conditional contra band, first promulgated by Lord Sails bury and which both Great Britain and the United States. announced their intention of following, provides that conditional contraband must be proven at the time of seizure to be destined to a belligerent force and that 1t Is not sufficient to presume merely that 1t is going to an enemy's army simply be- cause the port which it is consigned is an enemy territory. How far this rule will be modified in practice, of ficials at the state department and British embassy declined to say.
 The state department, 1t was under stood, would not make any announce ment of it's intention in regard to he cargo until the case was officially be- fore the department after the seizure of the vessel.
 The German ambassador, who some days ago notified tho state de- partment that his government would gurantee that no food from the Unit ed States would be seized by the Ger man government for military purpose, declared that the latest proposition left no doubt whatever as to the in tention of Germany in the matter. The recent decree to wheat, corn and flour, seized by the German goceru- ment. applied only. the ambassador asserted. to what already was in the country and not to that imported from the United States.
Norwich bulletin., 1915-02-05
CONFERENCE ON FINANCES
 EY TRIPLE ALLIANCE. It is Stated That Great Britain, France and Russia Are to Unite Their Financia! Resources,

Paris. Feb. :, 12.30 g. m-The fol- loving official statement has been iG- sued here:
 The finance ministers of Great Britain, France and Russia have IT ct tn Paris tO examine the financial ques- lions growing out of the war. IL is stated that the three powers resolved to unite their financial as well as their military resources to carry on. the war & victory.
 trFith that idea, they decided to RF0pose to their respective govern Trents that they share equally in the advances made, or to be made. to the countries which are now fighting with sASm or which might be disposed to SAEe the field shortly for the common
 use.
 5'"The amount of these advances will 4S covered both by special resources of the three powers and by the issue 7f 9 loan in the name of the three pow . rrs at the proper time. The question # the relations to be established be- >Ween the issuing banks of the three sountries has been the object Of d special agreement.
 The ministers decided to make in concert all purchases for their coun- tries from neutral nations
 "They have taken the necessary financial measures to facilitate the Russian export trade and to restore as far as is possible parity Of exchange between Russia and the allied na- tons. They also decided to meet again. The next conference will be in Lundon'
Norwich bulletin., 1915-02-05
STEAMER CRUSHED BY
 ICE IN LAKE MICHIGAN.
Iowa Sank Three Miles Off Chicago
 Crew Safe.

Chicago, Feb. 4.-The steamship D Iowa of the Goodrich Transit company was crushed by ice Hoes and sank to- day three miles off this port. The crew. numbering about 45 men, and one passenger, Edward Fl. Hooven, Of Cnnboy, O., made their way over the ice Hoes to shore. A score of other ships are icebound in the great fields that line the west shore of Lake Michf- gan, but the owners said tonight the situation was not hazardous and that none of the boats was in danger.
 A report that the steamship Racine was in danger of sinking proved un- true. The Racine was icebound and unable to make port, but the latest wireless reports were that 1t was in no danger.
 Miss Elizabeth Schmidt, stewardess, was the only woman on the Iowa. She was swung over the side of the ship to the ice pack and made her way ashore with the men,
 North and east winds have piled the ice along the south end of the west shore deeper than 1t has been in years.
 It extends for nearly 20 miles out into the lake and in some places the cakes have been piled many feet high.
Norwich bulletin., 1915-02-05
BOSTON BROKERS OBJECT
 TO SEMI ANNUAL STATEMENTS
Claim There Is Already Too Much
 Government Supervision.

Boston. Feb. 4.--Junius T. Auerbach was the chief proponent at a hearing before the, committee on banks and banking for legislation to require stock brokers who do business on a margin to file a statement of their financial condition with the bank commissioner at six months intervals. George $. Baldwin of the Boston stock exchange. Homer Albers, representing the curb exchange, and William N. oGodnow opposed the bill.
 MT. Auerback said that customers condition of the brokers with whom they do business and the right in formation at the proper time would save many men from placing their money with brokers who were not making a proper use of the funds en- trusted to their care.
 MT Baldwin said that it did not seem fair to impose this burden on one class of business men and not on the other classes. The man who wants to know about the financial standing of & broker, he said, could get accurate information from other brokers or from the stock exchange.
 MT. Albers based his objections on four points. namely, that the plan in volved an unreasonable expense, that 1t was an unreasonable ''prying into" one class of business and not into other classes of business, that there was already too much government Su- pervision, and that this proposed su- perVisiOn would not stop losses. The bill, MT. Albers said, is really a meas ure to help people to gamble safely and accordingly was not practicable. The man Of just average intelligence who buys stock on a margin, MT. AL
 CTS said, assumes 8 risk with the odds against him.