davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1915-02-28

At the Ullman school tomorrow after noon, MT. c. G. Weatherbee will speak on Home and School Gardening" All who are interested iirthis subject are cordially invited to be present.
 The regular meeting of the Mercy Home Industrial school board will occur Wednesday afternoon at 2:30 at the home.
 The Woman's Missionary society of the Twenty-first Avenue Methodist church will meet tomorrow afternoon at 2:30 with Mrs. J. o. Andrews.
 The missionary meeting and social of the woman's auxiliary of the Westnlin- ster Presbyterian church will be held Monday afternoon at 2:3O at the church. Hostesses for the afternoon will be Mrs. E. G. Bruce Mrs Barnes and Mrs. W. A. AbercsQmbie.
 The women of the Norwood Methodist will have a white sale and serve dinners Tuesday. Wednesday, Thursday and Fri day at the Birmingham Railway. Light and Power company building.
 The w. C. T. U. will meet Tuesday aft ernoof in the basement of the First Meth odist church at 3 o'clock A special pro- gramme has been arranged and a full attendance is desired. Chairmen of cir cleS are asked to meet at 2:30
 sThe Birmingham Art club will meet Saturday afternon at 3 o'clock with Mrs. P. B. Bowers.
 BRIEF MENTION
 Mrs. George P. Bondurant will have as her guest next week her sister, Miss Leila Trueheart of Galveston. Tex. who is at present with Mrs. w. w. Clayton in Graymont
 Mrs. IL. D. Mooney and her two chill dren left yesterday for their home in New Orleans after a brief stay with Mir. and Mrs. Alex Cecil.
 Mrs. F. H. Dryer has returned after spending short while at Golden.
 Mrs. Alfred Dow of Boston Is here tn visit her son, Mir. Julian Dow.
 Mrs. Blackwell of Decatur arrived yes terday afternoon to visit her daughter. Mrs. Edward Warren. She was accom- panied by little Miss Eleanor Dale War ren. who has been her guest
 Miss Mary LeMaster of Memphis, is expected Tuesday to visit her aunt. Mrs. Sterling Foster. Miss LeMaster has been Mrs. Fosters guest on several occasions and is always delightfully."- received in SC ciety here.
 glad to learn that. though his condition is still serious, he was reported yester- day somewhat improved.
 Mir. and Mrs. David W. Kempner of Little Rock and their little daughter, Eleanor, who have been in Hot Springs fer several weeks, arrived Friday to visit Mrs. Kempner's parents, MT. and Mrs. A. F. Lovcman.
 Mrs. Harper of Atlanta Is the guest of Mrs. T. NJ. Mcclellan. Mir and Mrs. Edward Warren had as their guest this week Mrs Perkins of Tuscaloosa. who remained several days
 Mrs. John B. Knox of Anniston was
The Birmingham age-herald., 1915-02-28

tContinued on Page Twenty-eixhp
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1915-02-25

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Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
NEW WAR MUNITION CONTRACTS
CREATE BULLISH ENTHtJSrAc Acu
Midvale Negotiating for Further Large Orders F,O.
Foreign Powers-Rapid Transit May Do Some
New Financing as Earnings Expand

say, may harden somewhat =.
trade continues to expand eens'sl
Today on Change price fluc,ro.
not wide, but the tone was ets.s.n wtts
ransit unassented stock Wy Haph
up to conform with yesterdav's p, mo7a
trust certihcates, whereas ths N
showed signs of profit taking TS atte
ings of the company are r,,r.,e ne cam.
OF all past records, with promise anesd
tlnued Improvement. AT the snS oi con.
the condition of the comnanr vi lsii
weak that there was an excess :, was y
liabilities over current assets so current
present growth represents q rs,sus. ns. ths
change for the better in tba eua kaels
affairs for such a short period 90 sSVViInpanys
the way should now be clear - .,'ue, and
raising of the money necessar,, assure
out plans for Improvements wbaso, efrl
earning power of the syster, eyy 'he
greatly enhanced. That soroa wiu b
financing may be undertakes ~ sou
the opinion of some persons nsvay1V Z
informed as to the company's asa,.l Nul
In the late dealings the mar,,a.ls
oped a slightly reactionerv ~ uevd.
Following a set back In Ijn,,as ss"caentE aE
Steel, Cambria Steel and perns sualts
Steel preferred eased off in syWsnia s,.,s,iia
Pennsylvania Railroad also csssnpa'hg
so did Cramp Shpbuildnr. bvt m
case were the offerings largo en,, 10 ~
attain material significance ousa TN 70
was dull. 'e clcss
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28

with the new war munitions order al
loted by the Mldvale steel and Ordnance
Corporation to the Baldwin Locomotive
works. the latter is understood to have
approximately s25,000,0O0 contracts of this
class on its books, to say nothing of the
ordinary locomotive business and the
royalties received from the Remington and
Eddystone Companies on contracts placed
with them.
1t was reported today that the Mid
vale corporation is now negotiating for
another $50, 900 order for munitions so
that these recent developments should
set at rest, at least temporarily, the fears
expressed in some quarters that the
cream Of the war munitions business had
been skinned. AS the ALLIES, partlcu-
larly England, develop their resources in
this respect 1t is, of course. likely that
their orders TO America will become less,
but there still remains n prospect for a
very lucrative business, particularly with
Russia. Meantime, bankers say that the
flow of foreign holdings of our securities
back to this country Is lessenlng.
At no time has this liquidation come
near oversupplying the demand, and with
the contraction of offerings the result
is flrmer general tone to the market,
aided by the favorable monetary outlook.
Bankers look for a continuation of easy
money conditions for a time, at least,
although commercial paper rates, they
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
NEW HIGH FOR STERLING

NEW YORK, Dec. 2S.-The foreign
exchange market opened dull and
somewhat IRE yuar Sterling displayed
strength rising - he high level of this
immediate movement 473ls for demand
47Els for cables. 469 for to-day bills, 467
for sO-day bills. Other quotations were
franc cables. 5S3iA; checks. 5.S4Ls !;
roubles, 70 1l-l6 and 76A; lire cables, 6.571a;
checks SIS; Swiss cables. 5.24; checks,
525lk; Vienna. 12,2Og13.23; Stockholm,
27sO and 27.sO; pesetas. 1888 and 1885,
roubles. 81 and BIS. Strength was dis
played by guilders at 1885 and 43lA. The
easier tendency IN roubles brought out
discussion OF the reports that munition
manufacturing concerns in this coun-
try were being paid In Russian bonds.
The feature of the market around mid
day was an advance In sterling on moder-
ate dealings to the high figure OF this i'm
mediate movement $4732s for demand and
s474S for cables. Francs were a slight
shade easier. at S5S3A for cables and
s5.S4ls for checks. Reichsmarks. rs 11-lcc.
and 7634e. Guilders- continued strong at
449sc for checks.
In the late dealings the market was
quiet, but without impairment of the
steady tone previously shown in sterling,
Final quotations were 4l3A and Alb 5-l6
for demand and 4TF4 and Ala 5-16 for
cables. Francs were not eppreciably
changed at 5.s3A for cables and $3.50 for
checks. Reichsmarks were reported at
76ss and IS Ills.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
REORGANIZATION PLAN
WORKED OUT FOR MARINE
Preferred Stockholders Will Get New
Common Stock for Old Preferred

NEW YORK, Dec. est is understood
that the common stockholders commit
tee of the International Mercantile Ma
rine Company has worked out plan of
readjustment of the company's affairs. AL
though details regarding 1t are lacking.
1t is rumored in Wall street that 1t will
provide for paying off all of the COM
pany's outstanding bonds and preferred
stock through the issuance of new COM
mon stock In this manner the common
stockholders will be given n greater equity
in the property than at present.
According to reports in some circles,
the preferre stockholders will be given $50
the preferred stockholders will be given 1SO
shares of preferred now held
The plan, which was prepared by the
preferred stockholders and which pro-
vided for an assessment of $40 or S12 per
share on the common stock and pay
ment of the outstanding bonds at par
and interest, was rejected by the COM
mittee representing the common stock
holders Likewise, the plan prepared by
the Bondholders' Protective Committee
was rejected by the preferred stockhold-
ers committee, so that there now appears
to be n three-cornered fight on in connec-
pany's affairs
1t is known that the Bondholders' Com
mittee is perfectly agreeable to any plan
that will provide for paying off their
bonds at par and interest, and, accord
ing to members of that committee, 1t is
now up to the two stockholders committees
to provide such n plan. Expectations are
that the court hearing scheduled for today
will be postponed. pending the outcome
of negotiations between the two stock
holders COMMITTEES looking toward solu-
ton of the problems confronting those
bodies.
Earnings of the International Mercantile
| Marine Company, 1t is stated, continue to
show increase, there being large volume
of business each month. 1t is estimated
| that the favorable operating results will
| continue well beyond the date of cessation
of hostilities in Europe. For that reason
| the belief obtains in well-informed cir
| ces that a plan of reorganization can be
arranged which will provide for the crea-
| tion of new securities upon which sat
| isfactory income return will be shown
| after the war.
The company has n large amount OF
! cash in it's treasury and 1t is asserted
| in some quarters that a substantial part
| of this could readily be utilized in paying
! off some of the present outstanding IN
| debtedness of the organization. NJ
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
NEW YORK COFFEE MARKr7

NEW YORK, Dec. %,-Tba -.
market was more active at the ,,au,' soass
this morning, and first prices wera Ssesuas A.. Y
seven points higher. Sales on tha s.s V
were 5000 bags. "e eau
Trading In the market was o,,.,
the fact that there were a few h,,.,V su
orders here from Europe had sns,.,l s
ing influence on values, and the nns.u
tone was firm. Commercial cors,.,sa ss''
were somewhat unsettled. h'iva, howevsr "a,
the fact that the country is well sn,,,a, ny
ana not buying at present, and tbs bsy..a ss.a
that leading steamship comnanis, 10y
Scandinavia have refused to take S,,.,., y
shipments of coffee led to fears a, s.'' ss.e.
Increased pressure of supplies here '''n'
Rio was unchanged at five A0 for ".
q Exchange was 1-16d higher at is a.;w
Receipts 1900 bags for three days sni
stock $4,000 bags. Santos wasl,nchars.S
Mt five $500 for No. T. Recelpts ID N,
bags, and stock 2,2S9,0OO bags. WV
Receipts at the two ports wers 81 MA
bags for three days, against 6,Ot1 hsr,
year ago and $4,000 bags two years ass.
Sac Paulo had 1000 bags against q IN
bags and 10000 bags. and jundiahy Sss
bags against H,OOo bags and $500 ran
respectively.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
FINANCIAL NEWS
STOCKS DECLINED IN WALL STREET
ON A GENERAL SELLING MOVEMENT
Texas and Pacific Weak Because of Application for a
Receiver-Outlo for Railroads Good-November
Earnings of st. Paul Will Be a Record
NEW YORK. Dec. 2S.

in
selling
decline
which
FROM the majority below.
increased dividend and
occasioned
in
meeting The doubt has been making hand
copper
35OOoOoo the
M o be
It must not
further ntrencted position the
mine"
stuation
Baltimore Ohio
all
in
ndicaton gratifying results
in of the road
hash
0
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
COTTON PRICES HIGHER;
BUYING WAS SCATTERED
Gains of 10 to IA Points in Liverpool
Market

NEW YORK, Dec. GA steady tone
was shown on the cotton market at the
opening this morning and prices were
to points higher. Buying was fair and
came from scattered sources. with Wall
street interests and commission houses
offering. After the call, demand con-
tnued sufficiently large to absorb slightly
increased pressure
Inquiries centred around the March con-
tract, being attributed to carrying by
shorts in Wall street whereas trade in
against sales of the later deliveries. BY
midday the market was about 10 points
above last night.
The Liverpool market reopened after
the extended holidays and showed gains
of l3 TO II points, or slightly below eX-
pectations. This, however, had no in
fiuence locally.
Practically all stations in the central
and western portions of the cotton belt
reported rainfall this morning. Tempera-
lures were lower in the north and north
west
The market became less active in the
afternoon, but maintained a geH-rally
steady undertone. Offerings We're limited
to scattered realizing sales. Heavy ar
rivals of linters, about 1000 bales, at
tracted considerable attention. II was
understood that most of this cotton was
consigned TO "A steamship line for ship
ment to Havre. Total arrivals Of cotton
at New York for the day were l5,5I9
bales. English advices state that trans
portation difficulties are one of the most
perplexing problems at the moment. Ex-
ports for the day aggregated 1853 bales,
against H6I0 bales a year ago.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
COPPER AT 22h CENTS
Sellers of Metal Report an Increased
Demand

NEW YORK, Dec. 2s.-FoIlowing good
sales OF eleetrolytic copper at 22 cents a
pound for domestic delivery. the price
has been advanced to PA and 22la cents,
according to tonnages and deliveries de-
sired. All the sellers OF the copper re-
port an increased demand, especially from
Europe. although the domestic consumers
are placing good-sized contracts Prac-
tically all the buyers are asking for de-
livery in January and February. indicat-
ing that their supplies are small. That
there is insufficient red metal available to
iii the requirements of the two months
mentioned is stated by some of the best
trade authorities, who point out that
sales made recently have been enormous
and have removed a considerable guam
tity OF copper from the trade.
The sharp advances in the metal in
London this morning caused increased
confidence among the dealers While
the upturns Of more than 81 In the stand
ard market received considerable atten-
tion, II was the sharp rise OF "a to fiO7
In the price for eleetrolytic that was
pointed 10 as evidence OF the position on
the other side. Private cables reported
that the producers in London were ask
ing Il over the market price. or fl0s.
which IS equivalent at the present sterling
exchange rate. to q 40 cents a pound, with
freight charges ana the war risk re-
moved.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Financial Briefs

The white Motor Truck Company,
recently Incorporated, has increased It's
capital stock from $4,000 to Sl6,OOOOOO
George 3. Cortelyou, president of the
Consolidated Gas Company, said this
afternoon that only routine business was
transacted at the meeting of the ENecu-
tive Committee of the company IN New
York today Nothing out of the ordi-
nary is looked for at the regular meeting
of the board of directors ON Thursday.
The Franklin National Bank, in its
monthly digest Of trade conditions says:
"The total volume of commercial opera
tions being recorded each day has never
before been equaled, and, instead of the
usual lull or lct-down in heavy lines, II
Is evident that the present activity VIII
carry right through the holiday season.
Labor conditions have further improved
during the month and many strikes which
appeared serious have been settled III
record time Many threatened strikes
have been averted. and labor is virtually
enjoying full employment, with large
unsupplicd demand for labor at numerous
points The apparent Improvement IN the
Mexican situation is being felt. particu-
larly in the Southwest, and this country
is indeed fortunate In being at peace with
the world"
A New York Cotton Exchange seat has
sold for sl2,5OO, n decline of $3.50 from the
last previous sale.
The Erie Railroad Company had hoped
to have its new financing plan approved
by the New York Public Service Com
mission by January l. but at the Office
of tho commission, where the applica-
tion had not been received up to noon
today. It was said to be a physical inn
possibility.
The Consolidated Ordnance Company, of
" ilminRton, Del, increased its capital
stock from 5000 to S5,O0oOOO.
The New York Stock Exchange has de-
cided to announce in It's weekly bulletin
all DIVIDENDS reported to it in dollars and
fractions of dollars instead of using the
percentage basis heretofore in vogue.
The New York banks lost $2,SO200O to
the Subtreasury yesterday and since last
Friday 100000
The New York Stock Exchange has
stricken from the list S. S. Kresge Com
pany common stock and Atlantic Coast
Line Railway Company 5O-year unified
mortgage per cent bonds, due 1853.
The Listing Committee of the New
York Curb Market Association has ruled
that on and after December ~ the en-
Eraved certificates of the Canadian Nat
lral Gas Corporation only will be a good
delivery The security transfer and reg
istrar company is ready to exchange the
temporary certificates for engraved ones
The Reorganization Committee of the
Kansas City, Mexico and Orient Railway
Company, of which Lord Monson is chair
man, gives notice that the transfer books
for certificates of deposit will be closed
for subscription purposes on January 10.
instead of January 6, the date heretofore
fixed and will remain closed until Janu-
airy q, 1916.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Driggs-Seabury Gets Savage Arms
TEXAs AND PACIFIC.

NEW YORK, Dec. 2S.-At meeting of
the directors of the Savage Arms Com
pany, held Yesterday the control of the
company was formally handed over to the
Drlggs-Seabury Ordnance Company, A.
Il. Borie, president of the Driggs- -Seabury
being elected president of the Savage
Arms Company. Two other directors of
the briggs Company T.. C.'Delafleld and
James Imhree, We're elected directors of
Savage Arms. All the members of the
Savage Arms Company board resigned,
but j. p. Lynch and Walter Jerome
Greene We're reelected. The former pres
ident was Benjamin Adriance.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
German Bank Statement

BERLIN, via Sayville wireless, Dec, 2s.
The gold reserve OF the Reichbank is
S6lO, ,325 900, 1t was officially announced to-
day. This represents an increase Of $780,
COO over last week. The total payments
i'm cash for the third German war loan
have reached $2,777,975,OOO, or 91.4 per cent.
of the total. There has been an increase
in the circulation of currency,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
DIVIDENDS DECLARED

Peoples Natural Gas and Pipeage Company,
regular quarterly per cent. payable January
25 10 stock Of record January 20.
Roanoke Gas Light COMPANY regular guaS-
terly lla Per cent, payable December 81 do
stock Of record December ~.
Illinois Northern Utilities Company. regular
quarterly ~ per cent. on preferred. payable
February TO- stock OF .ecord January 20,
Penn Central L.ght and Power, quarterly
per cent on preferred, payable January 3, 1916.
to stock OF record December ~. 1918.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
sHREYEPORT. "a. Dec. 2s-Thl
Rock Island Directors Win Point

NEW YORK. Dec. 2s.-In the case brought
by Seagrigt 4 Amster. who were represented
ggaiast the direetqggs q the Rock Island ior
Court has handed down decision setting
side the examination Of the defendants before
trial. At the same time Judge Pendleton
decided against the PLANTING in their motion
to ioin the receiver, Jacob NJ. Dickinson as
a party defendant IN the stockholders action
brought by Mr. Untermyer.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
STOCKS IRREGULAR
ON NEW YORK CURB
Trading Was Active-Balti-
more and Ohio 5s Ad-
vanced a Fraction

NEW YORK, D C. 2s.-TLe market for
outside securities was irregular but active:
Kennecott sold from 57M to 579s Midvalc
Steel from 79B to 7SM; Intercontinental
Rubber from Is to II; Poole Engineering
and Machinery from 157 to 153; Baltimore
and Ohio IS were more active at a frac-
tional advance
Later prices developed an easier tone.
Midvale reacted close TO IS.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Midvale Not to Get Poole Co.

NEW YORK, Dec. 2s.--Tho statement that
nothing remains, but ne tormalities TO transfer
Company with It's war contracts to the Midvale
Steel aud Ordnance Company Is fatty denied
bv the interests in the latter company. who
are IN a position to know. The same interests
say that there no negotiations under way
looking TO the control of that property,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
NEW YORK BUTTER, AND EGGS

NEW YORK Dec. 2s-BuTTER.-Mar
lower and unsettled; receipts, Sl52 packages;
extra creamery. 33I4c. higher scoring. 34G
3Iigc.: state dairy. 3Oa3lc.: imitation cream
EGGS Market steady; receipts. 922s extra
drsts.. 32i4G33C.: hTsts. 3lH32c.: nearby
whites 45u4Sc; mixed color. 32a35c nearby
browns. 37a40c.; refrigerator hrsts, 23Aa24c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Resumes Common DIVIDENDS

BOSTON. Dec. 2s.-The United states smalt
ing. Refining ana Mining Company has re-
deeisfing q DIVIDEND of Is cents. psyabls
Ianuary Is 70 stock OF Feeord peeemtef 81.
The last payEnsnt az z rats "a = pa esaf.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Gold Arrives From Abroad

NEW YORK Dec. 2s.-The steamship New
York, which arrived from Liverpool this morn
ing. brought E7S6, COO gold, consigned as fol-
lows, To- !. r. Morgan q Co.. . boxes VALUED
at e75 coo: to the Canadian Bank of Commerce.
IL boxes valued al GGi. OO0: to the Mechanics
and Metals National Bank, boxes. valued
at FbIInO
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Orders 10000 Tons Of Rails

CHICAGO. Dec. 2s--An order for 10. 900
tons Of standard section rails has been
placed With the Illinois Steel Company
by the Chicago and Eastern Illinois Rail-
road Company.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
RATES FOR MONEY
CkevrOIet Capital Increase

DOVER, Del. Dec 2s-The Chevrolet
Motor Company. OF New York. has iled
articles here increasing its capital stock
frem SO. .e0o go to SS9.0000a0 The company
aas chartered September %. 1915, with
$50 capital ana on October n Increased
- eapifal % sze.ooQooa
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
GOVERNMENT BONDS
DIVIDENDS
OFFICE OF THE c. ii. GEIsT CONIPANY
LAND TITLE BIIIDING

philadelphia, Ia, December "a, 1918
The Directors Of Roanoke Gas Light Com
pany have this day declared a regular quar-
terly dividend OF one and one-hah (lIsl per
pany, payable December 81, 1915, TO holders
OF preferred stock OF record at the close OF
business this day. Checks will be mailed
g. H. WEAK, Secretary
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
BANK CLEARINGs

Bank elearings today compared with CORE
1915. i0l4 1918.
PhiIadeIphia $50, .O93 x2s145-3S6 $40 al8 TaB
Ssw New YORK .aag sI5i22 IS. 3iI 535 5Is4l15s5
fshicaRo -, % 9s4 571 "a. .963 $50 81 T21 9f 8
81. louis ! l8.0099sI f3.f592I0 1857 is3
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-12-28
Anaconda Dividend Increased

of
January 22 months a dividend was