davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
H GRAIN MARKET.
Grain Lower With Better weather
-Increased Offerings.

The wheat market opened very nerV-
Gus. Values showed some advance ow-
ing to the weather report, which showed
rains in Oklahoma and Kansas. The
weather prediction was for more settled
conditions and. with very favorable
weather In the more northern sections of
the belt and excellent conditions in the
spring wheat belt. prices declined. show
ing losses from the high OF the morning
of | to isc, At the close there was "A
rally on the evening up for the Govern
ment report.
While there were reports OF larger
country offerings and SOME selling a.
the West by country houses, the actual
receipts OF wheat were small and houses
doing business with the Southwest re-
ported very little wheat available.
There was some effort to buy back
previous contracts. The result Of the
small offerings was to make export bust
ness difficult and sales were reported OF
only about 32O. 900 bushels. Some orders
were In the market which were not filled.
The visible supply showed an increase
OF $4,000 bushels. compared with an in
crease Of ASSOC 900 bushels last year.
The present total Is only 7,,16,000
bushels. against 34.323,o o a year ago.
European statistics show continued
small worlds exports, only s,3OS, 900
bushels.
The crop report showed a big total of
wheat. exceeding thst Of last year by
20, 900, 900 bushels. This was supple
mented by an increase OF nearly 2.O00.-
900 bushels in the rye crop. an increase
i'm the crop of potatoes of 20, 900, 900
bushels. an increase in the crop or SWEEP
potatoes Of 5000, 900 bushels and of rice
of G. 1000. 900 bushels, The increased crop
OF foodstufs in the country mounts to
1l4.00O,0 900 bushels over last year.
-G,A H.
fuenced by favorable weather condi-
lions over Sunday. favorable weather
predictions and reports OF larger
try offerings. The visible supply OF corn
| showed an increase of 323. 900 bushels.
compared with "A decrease Of +9l 900
last year. The Government crop report
indicated the second largest crop on
record. the total exceeding last year by
242. 900 bushels.
Oats were weak and active. declining
! TO IA cents on the better weather
oats belt and very favorable conditions
in the Northwest for maturing the crop.
Larger country offerings We're reported
and there was a sharp break in Western
cash oats prices. The Government re-
port showed the second largest oats
crop on record and a promise exceeding
last year OF 26l ,OO0, 900 bushels. This
is supplemented by a record crop OF bar
ley and n record crop of hay.
The provision market was quiet AMI
Arm. Fluctuations were narrow, with
some further buying developing on re-
ports that exports would be increased
as the result OF negotiations now in
progress. Offerings were not very heavy,
the market quite easily advancing on the
small volume OF buying orders. Hogs
were steady and quiet.
! Chicago prices
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
SEABOARD AIR LINE
SYSTEM WIDENED
Subsidiary Railways. CONSOLE
dated With Main Line,
Add Strength.
$500. 600. 600 BOND ISSUE

Announcement was made Yesterday OF
the consolidation OF several subsidiary
railways with the Seaboard Air Line
Railway and the formation OF q new
company to be known as the Seaboard
Air Line Railway Company. II was
also announced h a the new company
would execute a mortgage authorizing
a bond issue OF $500. 900. 900.
The Seaboard Air Line Railway Com
pany. the new concern growing out OF
the consolidation. explained that tho
mortgage issued would be n first and
consolidated mortgage. A banking
syndicate. headed by the Guaranty
Trust Company. has already purchased
s22, S93. 900 OF the new bonds. which
bear Interest al the rate Of s per cent.
and will mature in thirty years. The
other members of he syndicate are the
National City Bank. the Chase National
Bank. the Bankers Trust Company, the
Continental Trust Company of Balti-
more and other financial institutions in
New York. Baltimore. Chicago. Boston.
Philadelphia. Pittsburg. savannah, At.
lanta, Cleveland and other financial
centres OF the United states.
The additions to the system through
the consolidation OF subsidiaries with
the parent company are chiefly main
line properties. The lines added TO the
system through consolidation are the
Carolina. Atlantic ara Western Railway.
which itself IL The result OF a recent
consolidation OF the NORTH and South
Carolina the Charleston Northern. and
the South Carolina Western. These
operate n total of about 4l6 miles. The
consolidation gives the Seaboard Air
Lin Railway Company an entry into
Charleston. The consolidated line will
be extended from Charleston to Savan-
nah by the immediate construction OF
e~ighty-fve miles OF railroad with a maxi
mum grade OF only three-tenths Of | per
cent. The new territory Is rich and fer
tile and Ia highly productive Of tobacco
and cotton.
:. Davies Warfeld. chairman OF the
board OF directors Of the Seaboard. In
commenting on the new plans for the
said
"Tha financial requirements OF the
Seaboard Air Line for the present and
future have been provided for
First. by creating n physical rail-
' road structure in the enlarged Seaboard
| system far reaching in it's benefits to tn.
South and to thu railroad and as a re-
suit greater economies in operation.
Seconds, by mortgage securing bonds
issuabls In series which may be
of varying maturities and interest and
redemption rates. providing a security
meeting investors requirements and in
surfing to the railroad the best results
under changing financial conditions.
Third. by the sale of bonds under the
new mortgage for purposes OF great inn
| portance to the welfare OF the railroad
and OF the holders Of lis securities"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
POLICY CANCELLED.
inbred Insurance Il AnnuIIcd
IN Moral GrOuuds.

HARTFORD. Conn, Aug. at me
home Office OF the Travellers Insurance
Company OF this city IL was said to-day
that the $4,000 combination accident and
health policy held by Edward C. Kim
dred, the missing cashier. had been can
celled ION moral grounds"
In insurance vernacular this Ia known
as the moral hazard and every mpan
reserves the right by the terms OF it's
contract to cancel a policy for any
moral hazard by proffering the unpaid
return premium. This the Travellers did
to-day by sending TO Kindred's New
York address on its books a check for
s33, representing the time the policy
has to run before renewal.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
RUSH OF SELLING SENDS
EXCHANGE TO LOWEST
London and Paris Bills Dron
hut German and Austrian
Are Strong.

Exchange rates on London and Pa.
broke violently yesterday in Il wave y,
selling which carried prices down IN
new low records. As n result ~ ,ho
break demand sterling closed Al i-ss
with cables at 4.76ts. ON Saturday do.
mand closed at 4.76l,. with cables Il.
4.76 1916. ON June 30 last demapo
sold rs low as 4.75H, Francs closed
last night at 5.7iia for check igd
Ssh for cables. against a prcyio1,
close of 5.66 for checks and 5.G5 :or
cables. The previous low record ,or
francs was approximately SO FOR
checks and $50 for cables. For, gu cl.
change experts said that the shatp T..
cline in sterling and franc was due 10
an abnormal accumulation ~ credits %,
his country on both France and Elm.
land az n result Of the heavy shipments
OF war supplies and foodstuffs Tor the
armies of these two countries and the
fact that France and England are No,
shipping goods to this country In ;rs
same quantities as in normal times.
IL was also reported that the CONTINUED
Austro-t;erman successes haI some.
thing to do with the break. It. vas
pointed ont that marks aud kruncu wee
both strong. Marks closed at N2i. Tor
checks and s2"~ for cables, agLns, a
previous close of 81 1915 AMI " tt-.
trian kronen advanced TO 1923 from
1920. Italian lire were quotel az s3i
against a previous close Of t -.
It was said yesterday by bankers who
had n part In the extension of a credit
OF s25, 600. 900 to Russia several month.
ago through the placing OF Russian ac.
ceptances here, hat the greater part O.,
the funds for the payment OF iris loan.
which matured last week. came through
London in the form OF sterling exchange
They declined TO state, however, whe'he-
England had made Il possible for her
ally to make the payment by financing
her.
Negotiations are still being made for
the placing Of a new Russian credit u,
this market and also for the extension ~
a credit Of approximately $50, o00,o o0 o
Italy. Chile is also understood 10 he
seeking a loan OF several millions In m,
market.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
new HAVEN REPORTS
GAIN IN net INCOME
50 .3O7.971 Realized in Twelve
Months Ended June 30.
Against S268.662.

The report OF the New York. New
Haven and Hartford Railroad Company
and It's subsidiaries FOR June n the
twelve months ended June 30, 1915,
shows favorable Increases in gross and
net income when compared with the
reports for the same period Of 1914.
In place OF n net corporate income Tor
the twelve months last year of S26S,662
the company reports for the period
ended June 30 OF this year a net cor
porate income of s2.307.971. In spite OF
the fact that the gross earnings for that
period In 1915 were only s65,379,26 J,
against s67.452.592 in 1914
The railway operating revenues for
June. 1915. were s6,327.9S7. as compared
with s5,s45.367 for the same month last
year. with a railway operating Income
of s2.Ss2,GSi. against sl.330.21i OWNS
TO the increase In the incorporating IN
come. however. the gross income of the
property for June. 1919. was larger than
for June. 1915. being s3.217.2l9. as COM
pared with s2.533.si5 his ear
The net corporate income Is given as
s76O.7l7 for June. 1915. against sl.566,-
666 for June, 1914. The gross income
of the road for the twelve months ended
June 80, 1915. was s2O.SS5.6ls. as com
parei Will sls,G3i,00i for the same
period In 1914. while the net corporate
income was 81. 307 ,s7l, against s26s,662
last year.
The Central New England Railway
Company reported for June. 1915. rail-
way operating revenues of S3i3,OO6,
against s3o2.765 for the corresponding
month in 1914. with a gross income OF
s1l9,S02. against a deficit OF s4.S2b FOR
June. 1914 The net corporate income
for June. 1915. was s33.4O5. as COM
pared with a deficit OF $l2s.l01 for the
same month last year. For the twelve
months ended June 30. 1915. the rail-
way operating revenues were s4,055,0+5.
against s3.16i.25g for the twelve months
ended June 30. 1914. with "A gross In
come of sl,ill,lj3, against sl.l?O,i Ss.
and "A net corporate income OF S4O9,2s9.
against s230.02o for the twelve months
ended June 30. 1914.
Although June did not yield as favor
able "A net corporate income for the New
England steamship Company this year
as It did last. the showing for the twelve
months period was much more favor
able. "A deficit In net corporaxe income
being wiped out and a surplus rendered.
The net corporate income for the steam
ship company for June. 1915, was SILL
a7S. against sl4O.l99 last year. while
for the twelve months ended June 30.
1918. ii was S3O,523, against "A deficit OF
s77,S02 for the corresponding period OF
1914.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
new WOMEN BOB UP
IN KINDRED TANGLE
Missing Cashier Said to Have
Settled Suit by Giving
One 81 1900.
ANOTHER POSED AS WIFE

Edward G. Kindred. the assistant
contractors of II Battery place. who
disappea red last "Wednesday with almost
SEQ 10 OF the firms money. is develop
ing through police investigation into an
other Oliver Osborne.
In addition to the three young women
to whom he paid attention who have
already been reported. the police learned
Of two more yesterday. TO n Of whom
the missing cashier Is said to have paid
$1,000 to settle a breach VI promise
suit. She is a French Canadian whose
home was In Utica, but the Police have
no: learned her naine yet. Early In
1914 Kindred was In the habit of send
ing her a Ave pound box OF candy each
week. and on one occasion he took
an automobile trip to sec her in a
rented car. for he had not then ac-
quired either one Of the machines he
left behind him.
Later, according to the story Kin
dred's friends nave told the police. she
came to New York and lived with him
In an apartment on 135th street be-
NN'fn fIOihNd WIN fNIllStNINtIt1 '
nue.. After I'VE weeks she asked him
to marry her: he refused. and the
matter was settled through j. A. Good
win. attorney for the firm which EN-
ployei Kindred.
W. have not been able to locate
this woman or learn her name" said
Capt. Dewey. In charge of the police
investigation. Mr.. Goodwin yerifes
tho incident, but has no record of the
girls name. The none was paid in
cash.
The police have learned of a young
mi possessing a Celtic Mann who
was introduced by Kindred rs his wife
on one or W. occasions. but she has
not been found yet. Kindred told one
OF his most intimate friends, II was
learned yesterday, that ne was born
In Oakland. Cal. and ran away as a
boy and went to British Columbia. At
one time there. Kindred said. he had
made his living hunting and fishing,
and had been able to a v $4,000. Then
he entered the brokerage business and
subsequently lost his money, and came
to New York.
Kindred was In the habit Of going
on on fishing trips In his automobile
10 Croton Lake. Cranberry Lake. not
Tar from Utica. and to lakes I'm Sulli-
van county. New York. This friend
said that kiDired's income was derived
from properties in the West, but could
add no details.
The police believe that Kindred ma
have gone 10 Saratoga to play the
stolen money or the horses. and the
Saratoga police have been asked 10
look for him.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
NEWS OF FINANCIAL INTEREST
THE STEEL MARKET.
Demand for Metal by Ammunition
Makers stiiI Heavy.

The steel market opened the week
active and firm. The demand for steel
for conversion into ammunition con-
tinued heavy. and prospects for a con-
~tinuation Of buying were good, as heavy
shrapnel orders were being booked by
manufacturers.
Consumers are finding difficulty In
securing satisfactory shipments OF bars.
as some concerns are not taking con-
tracts calling for delivery in the cur
rent year. The demand for steel billets
is also very heavy and mills are sold
far ahead.
There are indications OF better con-
Hilton In the equipment market. In
quiries from the railroads are increas-
ing and producers look for a good de-
mand In the near future.
The Daily Iron Trade: "Sales OF good
tonnages Of basic pig iron have been
made at s1i valley furnace for August
delivery. and also OF bessemer iron az
$l4.S0 for prompt delivery. n sellers
now demand SIS for bessem~r. ON
good sales at Cincinnati further pig
ron price advances are obtained. with
Southern iron quoted more generally at
Sill. Steel bar prices are advancing
irregularly In tho East. with some mills
getting $3.50 in special lots"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
THE COFFEE MARKET.
Heavy SrIling-Priccs Weld In Alb
scnce Of Demand.

The coffee futures market closed active
and easy yesterday. with prices ? 10 IL
points off on sales OF $4,000 bags. \
steady toni prevailed throughout the
greater part of the session. Trading was
quiet. but just before the close rather
heavy professional selling developed and
prices yielded in the absence Of large de.
mand. The cables were steady, offers
in cost and freights at Brazil being
unchanged to slightly higher. Spot quo
tations were maintained and exchange
was steady. Receipts at Brazil contin.
ued heavy. hut Santos stock showed a
moderate decrease.
Brazilian markets were featureless.
Rio - and Santos Is were unchanged AZ
asses and $4,000 respectively. Rio and
santos receipts totalled 1905, 900 bags
Sac Paulo Ia $1,000 and J~undiahy
10000. The ate Of Rio exchange OF
London was advanced to l2l7-32d
Prices were:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
PATENT SUITS DISMISSED.
Court severely C%riticises General
Electric Compnny's Claim.

W patent suits brought by tie
General Electric Company against the
General Railway Signal Company were
dismissed by Judge Charles VI. Hougn
If the United States District Court yes-
terdIy. The Judge severely criticised
the claim of the General Electric con
Germ that II owned the patents used Ivy
the General Railway Signal Company IN
installing the system of railway signals
now in use IN the electric zone" of the
New York Central.
The Genera Electric Company alleged
that this system Was an infringement
OF the Bedell method Of electric sig
mailing owned 10y the General Electric
Company.
Judge Hough said that the Bcdell
patents were SO broad as TO h. prdc-
ticslly invalid unless restricted TO a
certain definite system.
"T ey were bought for "A triflc APP
parently." said the Judge. in order TO
seek tribute from those who did the
work. No useful work has ever been
d re under them. The bills should
therefore be dismissed with costs a re
suit which the history of the patents as
revealed in evidence proves to be CON
sonant with common and even poetic
justice"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
M'ADOO SEES NO NEED
OF new U. s. BOND ISSUE
Secretary Of Treasury Confers
With Leading Men i'm
Financial District.

Secretary Of the Treasury McAdoo
cial district. making his headquarters
at the Sub-Treasury. lie conferred with
II. =. Dawson OF J. =. Morgan 4 Co
and with a number Of other men OF
Wall Street.
About noon Benjamin Strong, Jr., gov
ernor OF the Federal Reserve Bank OF
New York. and W. =. q. Harding of
The Federal Reserve Board were in con-
ference with him Vice-President Kent
Of the Bankers Trust Company vas also
a caller. The Secretary spent consider
able time In discussion with Martin
Nogel. Assistant United States Treas
urer.
In the afternoon Theodore H.. Price
was one OF the callers. The Secretary
left the financial district about ) o'clock.
Mr.. McAdoo said that in his opinion
there would b. little trouble In financing
the cotton crop. lie did not look for
any special measures. believing that The
abundance of money In the banks and
the reserves in the reserve bank would
be fully sufficient. lie said that gem
eral business conditions appeared to he
decidedly better from reports to the
Treasury Department and to the Re-
serve Board.
Mr.. McAdoo added that he did not
think that n Dor issue by the Govern
nent was necessary. as the state Of the
Treasury was not such as to require II.
As for the reported national defence
programme calling for n Government
bond issue Of more than $500. 600. 900. the
Secretary said he could not speak. II
Is believed that the matter OF the pos
sibility of a big bond issue was dis
cussed by Mr.. McAdoo with Mr.. Davi-
son OF J. 7. Morgan q Co.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
LIGHT ON 48 YEAR ALIMONY.
Counsel for Van Ness AdministrH-
tor Explain Court Decision.

O'Gorman, Battle A Vsndiver. counsel
for the administrator OF the estate OF
Cornelius II. Van Ness, in the litigation
Ness. to recover alimony at 500 a year
by Mrs. Deborah II. Van Ness, now
dead, who was the first wife of Van
for forty-eight years. pointed out yester-
day that the decision OF the Court of
Appeals merely holds that the cause OF
action for alimony survived the first
Mrs. Van Ness. who died last January.
Supreme Court Justice Benedict in
Brooklyn and the Appellate Division OF
the Second Department ruled before the
Heath OF the plaintiff that she had
signed an agreement d~ischarging Van
Ness of all obligations under the divorce
decree upon the payment of a large sum
OF money.
Before the case reached the Court OF
Appeals Mrs. Nan Ness died and the ad-
ministrator of her estate attempted TO
carry the action to the highest court.
The court merely ruled hat II will hear
the action on appeal, but whether the
lower courts will be upheld or reversed
will be determined later.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
SISTER ACCUSES N G
Warrant sworn Out for Man Just
Married To FIntbush Girl.

Charles H., Lange. Jr.. who was ar.
rested at Beaver Brook, near Narrows-
burg. y. Y, at the instance OF his sister,
Maize Lange. living at the Belvederc
apartment, 1A5-l47 West Twelfth street,
was married on July 81 at Narrowsturg
to Miss Katharine NJ. Helm, the six.
t~een-year-old daughter of Anton Helm,
proprietor Of a market at 1878 F~latbush
avenue. Flatbush. The fact that the
young man was on his honeymoon was
news to his sister.
Miss LANCE swore to a formal com
plant In the Jefferson Marke, police
cour yesterday charging her brother
with stealing several rings belonging (,
her, Detective Edward j. Marley went
to NarrOwsburg will the warrant t.
bring Lange to New York.
l.ange. who formerly lived in Brook,
Ign, and Miss Helm went 10 Beave,
Brook for their vacations. They hat
known each other several years. III,
couple returned to Flatbush on .July
20 and Miss Helm introduced Iangs
To her parents. ON the way back Langc
proposed tho welding and they were
married secretly two days later.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
METALS BREAK IN LONDON.
Increases Generalization Here,
Especially I'm sprItcr.

The metal markets in London broke
badly yesterday. The drop ranged
from . IN standard copper warrant
prices to 5 In spelter quotations. The
effect here was to increase somewhat
the already existing Generalization,
particularly In speiter.
The larger copper producers were in
receipt OF good sized inquiries yester-
day for the metal, although no actua
business was lone. Prices are nominal
at or near is cents. Spelter over the
year end is obtainable down to between
10 and 1879 cents.
The American Smelling and Refining
Company made another cut in lead
prices. this time carrying the quotation
down to "a cents n pound. Even at
the new level demand was extremely
dull.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
NO CUT BY CANADIAN PACIFIC.
Usual ga Per Cent. Quarterly Div
idcnd VIII he Paid.

Directors of the Canadian Pacific Rail-
way, meeting in Montreal yesterday, de
clarcd the regular quarterly dividend OF
2ia per cent. on the common stock.
Wall Street had fea- d that in view
OF the heavy decrease in earnings In the
last year the dividend would be- cut.
The company In the year ended June
80 earned "A net of $33.574.627, az com
pared with s42,425.9 9s in the preceding
year. The loss in gross was about s3l,-
900 900, compared with that of the pre-
vious year. The effect OF this loss was
partly reduced by a saving In operating
expenses Of s22, ZOO. 600.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
TWO DROWNED: ONE MISSING.
Letter Carriers Clothing Left ~
ROcka way Bath House.

william Cocoran, 80. a driver, OF 1852
Second avenue, was drowned in the East
River off the foot OF Fortieth street yes
terday afternoon. lie was seized with
cramps.
Capt, Roy Wymie of the fishing boat
Athene found the body Of a man off
Oriental Point. Manhattan Beach. yes
terday. The man was about 60 years
old, six feet in height and weighed $50
pounds, He was dressed in a two piece
bathing suit with a white stripe. The
body was taken to the Coney Island
morguc.
A mans clothing was left unclaimed
Sunday night at turley's bath houses
adjoining his hotel, at Fifth and .Nep,
tune avenues, Rockaway Park. Mrs
Mary lianta Of 400 Pavonia avenue
Jersey cay, said yesterday that the gar.
ments belonged to her husband, Thoma,
Ban'a, a letter carrier. lie left his
home on sunday morning to go to tn,
beach and did not return.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-10
THE SUGAR MARKET.
spa Advnnccs-Fair Demand for
Wtthdr a ssnI Of Refined.

The spot price for Cuban raw sugar
was advanced yesterday from 4.3s cents
10 45l cents. duty paid. The market
shove a steadier tone. with sellers ask
ing 3 9-l6 cents. cost n freight. The
Federal Sugar Refining bought 1900
bags of sugar leaving the port Of Cuba
yesterday AT the new spot price.
The refined sugar market was quiet
with a fair demand for Withdraw walls on
old contracts. Quotations were un-
changei. with the American Sugar Re-
inning Company quoting 5.6j cents. and
all others $50 cents.
The sugar futures market at the Cof-
fee Exchange was moderately active
with prices firm in sy with SPOT
Total sales were $50 tons. Prices
we're