davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
EXPORT SITUATION
SETS BACK WHEAT
Prices Higher Early on Rain
Reports in SouthWest-Re-
acts at Close.

Chicago, June 19-Higher prices for
wheat were scored to-day as result
of continued unwelcome rains IN the
harvest regions to the southwest. Con-
siderable losses from lodging appeared
to be inevitable on account OF the
storms. Liverpool reports that offers
from India were tightening counted
also against the bear side of the mar
ket here. Opening prices. which
ranged from bc TO lc higher, were
followed by some additional gains and
then a reaction all around.
Subsequently a rally took place, IN
huenced somewhat by reports OF crop
backwardness in the spring wheat
states. Absence of all export demand,
however, brought about another set
back. The close was weak at the same
as last night TO u down.
Corn hardened owing T. unfavorable
weather. The fact, however, that
Argentine offers were finding takers In
New York operated later as a weight
on the market. After starting u to
y higher, prices receded to about last
nights level.
Assertions that even under the most
favorable circumstances only a mod
crate domestic crop was possible led 20
a fresh upturn, but the bulge failed 10
last. The close was weak at u to
12Qs net decline.
Smallness Of receipts had a steady
ing effect on oats. Trade, though,
lacked volume.
Provisions advanced with hogs. How
ever, buying was not at all urgent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
Bu,iness Getting Better.

,.t elearings in the principal cities
4, United States increased 20 per
!. i,.t week. in the comparison with
,.r ago. and the clearings in New
! CITY we're 20 per cent better. At
ans time the trade reviews are
LILY cheerful in their tone, and
Isrometer Of the country's for
!. NE iron and steel trade, implies
am representation through a
r. general advance in the prices OF
l-is,.s The crops are still doing
Nth harvesting Of winter wheat
l.. In several states. The one big
H. a. optimism is the heavy going
/. nilrosds are having. Taken as a
"a their reports when the fiscal
= ending with this month, is COM
~ will make blue reading. Gross
,-i,gs move as the country moves;
: Ne. something can be done, when
IfVind" economy campaigns hit
-n,ins expenses. But people no
n, read only net returns. When
~ revenues show @ big falling of
I, Il; manage 10 pull an increase out
Ne wreck, they have their sus-
,s,s Of how much that increase cost.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
EVENING-UP SALES
FEATURE In COTTON
Favorable Reports from Goods
Market Offset Bearish
Crop News.

After a quiet week the cotton market
yesterday showed even less animation
than usual on Saturday half-holi-
day at this season Of the year and
prices fuctuated within a range of or
4 points, closing steady, net unchanged
to points lower.
The opening was unchanged to
points lower in response to disappolnt-
ing cables. A slight rally to about
Fridays closing figures followed on
scattered covering, but there was no
important demand and prices later
sagged back again to about the opening
figures. Favorable reports from the
goods trade appeared to Offset beari5h
weather and crop advices, and in the
absence Of fresh business trading was
pretty much confined TO the evening-up
OF a few small scattering accounts for
over the week end.
Press advices from Manchester stated
that the labor troubles had been prac-
tically settled by the submission If
the disputes 20 arbitration, and that
lockout orders had been withdrawn.
They also Indicated some improvement
in the demand for goods from Chipn
and some Of .he South American mar
kets, with the aging in excess of pro-
duction in some cases. Fall River
sales of print cloths for the week we're
estimated at comparatively small hg-
ures, but the mills there are employed
more nearly to their full capacity than
they were at this time last year, and
Southern mills are also supposed to be
we'll supplied with orders. Unseason-
ably cool weather has restricted the
distribution Of cotton goods in the
West. That section of the country,
however, is rendered optimistic by the
prospects for a large crop of wheat,
and Chicago distributors say that their
orders for future delivery during the
last week were somewhat in excess Of
last year. For several weeks the over
land movement of raw material from
the South to Northern mills and Can
ada has been in excess of the same
time last year, suggesting that the
mills are we'll supplied, but also indi-
eating that they feel the need of such
supplies owing to business already on
their books.
The weather map showed very little
precipitation in the South for the
twenty-four hours ending this morn
ing, and the forecasts were for partly
cloudy or clear weather over the entire
belt except for possible showers in the
western part of North Carolina. Fair,
warm weather is now considered de-
sirable in the South, and should it con-
tinue for the next two or three days
il would create a favorable sentiment
as to the showing CT the July Bureau,
although some nervousness might be
developed should Temperature run TOO
high in some of the Eastern belt sec
tions where rainfall has been heavy,
and some feel that the plant may be
surface rooted.
The local market for spot cotton was
quiet and unchanged at $50 for mid
ding upland; sales nil.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
liehange and London Money.

vas predicted in one dispatch
London Yesterday that there
- Dc an early rise in money rates
IL, That was one Of the ends
-. without much success by the
~ government when, coincident-
Il Nh the substitution of Hartley
- TOT Sir George Paish as fnan-
s.siser 10 the Chancellor Of the
!. ..a..' there was begun the daily
g Treasury warrants. IL rates
: raised IN London sterling ex-
49, viii profit 20 a degree, though
Saons would be more likely 10
-, NAN 70 advance. Seemingly
l'aR more will have 10 be done
4 ~s'eiy 70 raise money rates. and
Il ,saehlng will in all likelihood be
|ss,.. o. war bonds to American
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
NO BRITISH LOAN
IN NEAR FUTURE
Gold Shipments Expected to
Continue-Loan to France
This Week.

Reports circulated in the financial
district yesterday that an offering Of
British treasury bonds was likely to be
made in this country in the near
future were denied by bankers who are
conversant with the negotiations now
going on to check declines in the
foreign exchanges. What will prob
ably take place, so far as England is
concerned, it was stated, will be a con-
tinuation of gold imports in large
quantities for some length of time
from Ottawa until the supply there is
exhausted and later from London or
South Africa direct.
Further progress was made toward
loan to France on collateral of Ameri-
can securities. 1t is quite possible
that some statement may be made to-
morrow by J. P. Morgan & Company
that an agreement has been reached IN
volving an initial loan of S50,0OO,OOO
or more. Gable advices, expected yes
terday, did not arrive and 1t was de-
cided that if any were received over
Sunday announcement would be with
held until the next business day.
Another shipment of S2,50O,O00 gold
from Canada yesterday had no effect
on the course of the sterling exchange
market. On the contrary, sight drafts
on London fell to a new low level of
4763-16, compared with the previous
low of 476A, and cable transfers went
to 4.765s. Demand sterling closed at
the bottom, while cables rallied to
476 1916.
On the Continental exchanges Tires
sold lower than ever before at 5.96A.
Francs were steadier, checks selling at
5.4611 and cables at $40. Kronen were
quoted at 5.25.
Yesterdays gold import brought the
total received by J. P. Morgan & Com
pany fir I'M Canada in payment of goods
purchased by them as agents for the
British government up TO SAT ,50O,OOO
with the probability that this will be
increased to S5O,OO00OO tomorrow. The
total gold engaged for import on the
movement since he beginning of the
wear now amounts to S1l2,O95,OOO, OF
which s82,92O,0O0 has come from
Canada
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
BUSINESS REVERSES
PETITIONS IN BANKRUPTCY

MILDRED sHEARMAN. also known as Cora
Gordon. professional singer. LIVING al 2ol West s
consisting Of unsecured claims. and no assets;
Among the largest creditors are Julia 8 and
Tutoring. 5000. and the New York Preparatory
'' SOLOMON ;S PUsHKoFF. instaiment dealer a. 81
East 97ih st. filed petition. with liabilities Of
'' LOTS ST tiPMGSSPetition against Louis Lpm.n.
r. steinreich,. 1920; Harris Rubin. $3.50. and Sam
sCHARF & sIENTZ-Petition against sch,r 4
sieniz. manufacturers OF dresses At l27 West goth
st, by the following creditors Morton l. DAVIS
i8s ! Rf to SIS s. eco ara s.ss
RECEIVERS APPOINTED.
Judge Hand appointed Leo c. Stern and Langdon
p. Marvin receivers for the United Film Service
Judge Hand appointed Paul Armitsse receiver for
the Faust Restaurant Company. In $1,000 bond
SCHEDULES IN BANKRUPTCY.
FRED c. THoMA. Inc. wholesale lumber; at !
Madison sy.. fled schedules. with hSoiLues Of
assets Of $500 represented By bills. promissory
notes. etc 1910. and stock s2.09l.
at 2iOs Second az fled schedules. with liabilities
o! s. 5lj and aSsets
SIS IVES. 29th ST. hled schedules Win Liabilities o.
1870 Of which $4,000 are unsecured claims, and
assets Of sIlj4j represented by debts due on open
KGLMAN BLOOM as the X. Bloom Company.
manufacturer o! coaks at and West S2d 81,
fled schedules with liabilities Of !57S6l, consist
Ing OF unsecured claims. sI7.32e: secured claims
$685.; accommodation paper. $500. and wages.
$50. and assets OF t4o.53i represented by stock
Si6 900; machinery and tools $3.50: debts due on
open account. t2e.s06. and deposits Of money IN
DAM '-''' TRUSTEE ELECTED
Eugene Lamb Richards. State Banking superin-
,.1drnt was elected trustee for Adolf Mandel. the
alleged bankrupt private banker az l55 Hungton
- et = meeting Of the depOsiiors Of the MAndeI
6a1k on June 10 before Referee IN Bankruptcy
William Allen The trustee is 10 Ole bond OF
So 900. 1,.,,-,--
IcI'IS SUMNER dealer IN jswelry al Maiden
Lane assigned % William Jasre.
MICHAEL ROTHSTEIN. hardware etc. al 1858
Fiffh az assigned 10 Abraham Niizburg.
SCHARF q SIENTZ. dresses. al l?7 West 2oth
81 assigned 70 Dadd Freiberger
irNiTED FLOWER AND FEATHER co, Inc.
~ n West an S. assigned 10 Louis Jersawitz.
ROTH & MARIE Inc. leather goods. at i06
Seventh Av assigned 10 Charles h. 0nnths
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
A Variety Of Expedients.

Va, England will do when the gold
1'y a, Ottawa is at the point Of ex-
s''aoh has been the subject Of much
lSs'sion. Whether an attempt will
side to keep up the golden flood
ss country or whether the stream
e cut OF and some other meas
substituted can only be guessed.
Allies have arranged among them
'a to use their several supplies Of
asSl for the common good, so it
visible that gold may be sent here
Eangement with France on the
-aaliyely safe route from Bor-
\ ~ TO New York, or that-because
Ha time Of wonders-it may even
y over the Transsiberian and the
so nom Russia. There have been
.ai',,aons, too. that gold might be
asfe from South Africa direct.
EAST, there is a variety of expe-
.A rom which the Allies may
~ 70 support their buying power
rs country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20

Aggregate reserve on deposits $lS2 81. 1907 IN
crease 81 C26 500. Per cent Of legal reserve. 81
The statement Of the condition OF
the Federal Reserve Bank Of New York
at the close of business on June l8,
compared with the previous week, fol-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
RAILROAD EARNINGS.

Railroad business continues to make
a somewhat Indifferent comparison with
a year ago, the total gross earnings of
United States roads making weekly re-
turns to "Dun's Review" that have re-
ported for the first week in June being
S6,775,703 a decrease of 81 per cent.
Although a number of important sys-
tens show improvement, among them
Western Maryland, Chesapeake & Ohio,
Denver & Rio Grande, Missouri, Kan
sas & Texas, Texas & Pacific and To-
ledo, St. Louis & Western, numerous
important roads still report smaller
earnings than in 1914. There is, how
ever, in most instances a better ten
dency.
Following are given gross earnings
of United States railroads reporting for
the first week in June, and loss as COM
pared with earnings Of the same roads
for the corresponding period a year
ago; also for roads that reported for
the same week in the two preceding
months, together with the percentages
Of loss compared with last year:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
ne Implying Treasure House.

;t,rts to calculate how much gold
" Is left in the Bank Of England's
sHi.sry at Ottawa bring no very
..ristory results. Exports of the
/ "a since August l, 1914, have
,,.r:ed to $lO2, 100000, but there is
srainty about how much of this
-,.r, went TO Ottawa for the Bank
trlsnd. The natural presumption
!! course, that practically all Of it
.! its way into the Bank of Eng
&c hands, even though some hun
rs Of thousands may have halted
80 short time in the vaults Of Cana
II banks. Besides the Sl02, 100000
from this country, Ottawa prob
D 20; q good part Of the Canadian
z.seiion Of gold. which amounts to
| ra 1880 900 a month. But here
1 ]. is uncertainty, because much of
z Canadian production is brought
z tbs country, the American Smelt-
2 and Refining Company showing
~ enterprise in canvassing the
Eltsn territory for business. Sup
lErg, however, that Ottawa got slO2,-
90 from American and Sl5,00O.OOO
| ,. Canadian sources, and that there
a;hing in the report that gold was
Ag sent secretly TO England or
sssh. secretly from there, there is
IIs.Aing like 100000 still to the
ait Of the Bank Of England in the
cltiin capital, because to date there
A sssn brought TO the United States
| y Ottawa $83,0OO,0O0 in known i'm
va But from this S34,O00,000 must
Be deducted somewhere around
$4,000 for the amount J. P. Nor
p 1 Co. brought in some time ago
< ispt in their own vaults, and pos
Hy some additional millions brought
b other firms and similarly kept
{ q the record. Making allowances,
~ for overstatements, it seems
s',Sbls 70 believe that there is still
~ Ottawa somewhere around $685.
~. At the rate imports have been
',1g into New York in the last fort
ci iAis means less than two weeks
IEs;y.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20

sc7rej. gsAG@i4c. higher scoring, ?sNasl7ci
nrs's Pa 21ac. 5'a't dairy finest. 80 y &c -eooh
70 prime 2sis y he renovated. extras. q . n -
huis. 23ia4Zic. limitation creamery. nIsts. 80
23hc: iEd-,s current MAKE. Gls.s, Z41e: packing
stn.k. curreli mtks. 10 J. ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
ar Locomotives and
.,ther Give Market Its
Best Business.
,rIvJTY CONFINED
TO A SMALL LIST
-, Gold Estimated at Only
rso Weeks Supply-Many
Expedients Left.

-, short list Of stocks, and in
-. ;ssues-Baldwin Locomotive,
-, Securities and Central
we're there more than 10000
so,e; so it was something Of
-,i,. to most Of the people in
.'-nission houses that the days
80, should have reached a total
=. 10000 shares. Both Baldwin
r,,llers made new high records.
.-,,king the highest price at which
,'-..-otiye stock has ever sold, and
s.isg the highest price for Wits
,s.,s 1912. Distillers, 1t was said,
'1.gt 10 book a contract for an
..,5issrily large amount Of alco-
- Paldwin's orders for war ma
we're Just being appreciated.
- \, leather. with 100000 or TO-
"a ,,isiers wearing out their shoes
ronth-,he Russians on the
- ,ls exit" sign on the Galician
!. nrobably using up two pairs a
well. the possibilities were in
-tb.e.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20

!, Ireessing the decision in favor
II y nited States Steel Corporation
49,. attorney Generals snapshot
49, 'son that the government would
In ION II. "The Bacne Review"
d sAft ANY business concern
|ss1 I,He position as the government
|esSo.~ : good business proposition.
&c., ,he suit. Under the circum-
a.,ss'. mere Is but one hope Of sane
~, ~. and that is nv appeal 70 the
~ 1 business sense of President
~, 70 VI u would be eminently
|esss" me President would refer the
IL. 70 appeal TO the Federal
r, a, gLnmission, which has appar-
sss,, aeart the business welfare OF
rss,,ay, and is not influenced by
ss ambition TO win a suit"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
GRAIN IN OTHER CITIES.

Duluth June II. --wIEAr-No I hard. 81. 3oH;
No / Northern 81 25a@yl 2Sh; No Northern.
81 22. aSl 25h. July, 81 zzs -,
''I1IIs silkee June 10 --wIIEAT-No ! northern.
,I2sGSI3i: No 2 Northern. 81. 2iesl q: yg2'
si054 C0RN--No ys,;ow, T6iz 9Toae; july
fi4c BARLEY-,Ialting. l@53e
PHILADELPHIA June ~ 49, WHEAT unchanged.
CORN upncllanged. OATS steady
Nnnespolis. June l9.-WHEAr--No l hard.
N.Sga: No Northern, SLAIN ssltslAt oAAS2 :
Northern. Sll7+aSl2s4 july 81 lsA. CORN
NJ velios fik@TIEc OArS-NO 8 white.
asa isZc FLoUR and Bran uachsnsea
Toledo June l9.--wiEAT-Cash 81 ls8 Juy
and seutember s. .O8 CLOVER SEED-Pnms
cash S.. October. is55: December. S 52z. Al
sIKE-Prime cash. nominal. August. ss.io. TN
OTHY-Pnme cash Sis. September sss3. o.
81 Louis June le-wHEAr-No red. Sill
No 2 hard 81 100 81 Is July. N.0ih. CORN
40 56lac: No white. re. July. l5c. OATS
No p nominal. No white; l9Fes July. t2te
Kansas City June l9--WHEAr-No herd.
sllSsSl24: No : red. Sl.l3G&ll6 COkhN-
No mixed 55c. No white l5al5Ac; No ?
yellow. 75ia T6c. OATS-No white. acc. No
mixed, 40 l3c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
BONDS.
CHICAGO STOCKS.
BALTIMORE STOCKS.
MINING

81, 900 ogden Gas 6s.., "a o. "a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
Locomotives for Brazil.

For the first time in years Brazil
has ordered locomotives from Ameri-
can companies, the American Locomo-
tive. Company having just placed an
order for six standard engines for the
Central Railway OF Brazil. Consider
able significance was attached to the
placing Of this order in view Of the
fact that Brazil has usually bought its
locomotives abroad.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
COFFEE.

A break Of 3-32d I'm Rio exchange on London
had bearish influence on the local coffee market
points net lower. Longs sold on the suppositlon
that financial conditions in Brazil would cause
lower freight offers: IN fact II was said
that coree could be bought here at
lower figures than ohtainable a few days
Il was thought that the new crop movement Is
about 10 begin. The demand for spot coffee Is
rather indifferent. but while the market showed
weakness the July position held It's premium over
the later months. and there was still disposi
ton 10 anticipate frmness In this month On the
whole, the market was IN a rather unsettled posi-
ton, and traders we're waiting for developments
IN Brazil which seemed n be rather uncertain and
e was feared that conditions there would Offset
tho bullish influence OF the statistical situation
The local spot market inactive but steady
with Rio Is quoted a. 7kc. Range OF prices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.

The protective committee represent
ing stockholders of the United States
Light and Heating Company, OF Maine,
announces that practically all of the
common and preferred stock deposited
with them have paid the subscriptions
provided for in the reorganization plan
which now becomes effective, and the
new company 20 assume control will
be the United States Light and Heat
Corporation, 10 be incorporated in the
State of New York. Stockholders have
elected the following board Of direct
ors: !. Allan Smith. A. H. Alderman,
Frederick f. Thompson, Charles K.
Dalgleish, Harry +. Brooks, Robert
ingcrsoll Brown and Guy NJ. Walker.
The officers are: Guy VI. Walker,
chairman of the board; J. Allan Smith,
president; A. II. Alderman, vice-presl-
dent; c. l.. Lane, secretary. and b. j.
O'Reilly, treasurer
United Gas and Electric.
Bertron, Griscom G. Co. and Reilly,
Block & Co., Of Philadelphia, have
purchased an issue of S2,350,OOO thirty
year collateral trust sinking fund o
per cent bonds Of the United Gas and
Electric Corporation, which are being
offered at 95l2 and interest, netting
$50 per cent The bonds are dated
April l, 1915. and are part Of an au-
thorized amount of sl5,000,000. OF this
amount S7,65O,O0O has been pledged as
collateral to $500, 900 three-year s per
cent secured notes, the proceed DIS Of the
two issues giving the corporation funds
to pay at maturity S7,500,O00 8 per cent
three-year notes, due April l, 1915, and
the $4,000 bonds are held in escrow.
The company controls directly or in
directly through stock ownership,
street railway, gas, electric light and
power, steam heating and water COM
panies in twenty communities located
in twelve states, serving combined
population estimated at 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
Bank Clearings.

Bank clearings this week show con-
siderable irregularity. the total at all
leading citi,s in the United States, ae-
eording 10 "Dun's Review" being ST.
79s, sac, f59. = gain of 90 per cent as
compared with the same week last year.
but 2 decrease of 3.5 per cent as con-
trasted with the corresponding week in
1918. New York City makes a favor
able comparison with last year, show
ing a gain of 20 per cent. The major
ity of the cities outside New York re-
port smaller exchanges than in either
year. the aggregate showing loss Of
II per cent.
Average daily bank clea-ings for the
year TO date are given below for three
years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-20
tRv releuaph TO The Tribune. ]

Louisville June lS.-sHEEP and LAAiBs-Re-
cc.p,s. 1899. making total Of 20 6e3 FOR the week
'rhs ,r---' ruled steady. best suf1Eers. ole Sec
ond 7sTbc culs. 587c. Fat sheep. - i" &C.. On
IN molhrd tide choice spTngcrs sold Al SC. choice
iai shecp. ~ d4Hc
Pirsbafeh June 10 -CATTLE--Steady: supply
Mzht; choice. Ss.iS@S9.25. prime. s. s5Qfg
SS8 30. Gull and common. 81 5oatS 50. lambs.
s. 50a $40 90. veal calrs. SO HO0S-Actiye. Re-.
asp,s light prime heayies S. IS. mediums and
heay YORKER tSO5: ught Workers. s. soaT s.
pigS s765GSfT5. roughs tSs $3.50.