davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
FINANCIAL MEETINGS.

THE ANNUAL MEETING OF STOCK.
holders OF the o. and w. Company VIII
be held at the Offices OF the Company Nc.
$50 West saith Street, Manhattan. on ths
18th day OF September. 1915. az IL O'clock
A. NJ. for the purpose OF electing i've d.
rectors OF the Company and transaetng
such other business as may legally CONS
before the meeting.
The transfer books will be closed al ~
o'clock August 18th. 1915 and reopened o.
IL o'clock noon. September II, 1915
r. 5. HAYNES. Secretary
New York August 18th. 1915
PLEASE TAKE NOTICE THAT TIE ANNsAL
MEETING OF tho stockholders u the troia nSe,
ough Land Company for the purpose o. eee,ns
directors and inspectors Of election and trN'se.ns
such other business a. may properly cone 49,. 49,
the meeting will he held on Friday. ne Firsi ol
OF September. 1915. az o'clock In ths Gisrnoa'
al the ONCE o. the Company, No. ~ brosasMu "
hi the Borough Of Manhattan. IN the city Of Ns'
York. County Of New YORK and state o. New iGa
The transfer books will remain closed ifon -
3Oth day OF August until the 9Th day Of ss'x0'
Der. 1915
Dated the 18th day OF August 1919.
THEODORE C. ArCHiSON. secrenV'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25

The changes for the week we're:
Total reserve decreased, $4,000; cir
culation decreased, $4,000; bullion
decreased, G266,S57; other securities in
creased. S5,236,OOO; other deposits in
creased, f7,Ss9,O public deposits de-
creased, f2,7s3,oOO; notes reserve de-
creased fl23,0OO; Government securi-
ties unchanged.
Bank of France Return.-The Bank
Of France yesterday issued its weekly
statement, which shows the following
changes for the week lin francs):
Gold in hand increased $4,000,
silver in hand increased $4,000, notes
in circulation increased $4,000,
Treasury deposits increased 16,70S,Oo0.
general deposits increased 110,595,O0O,
bills discounted decreased 25,2ss,O0o,
advances decreased 2,733,0O0.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Dividends.

Calumet and Hecla Mining.-Quarter.
ly dividend of $50 a share, payable
September % TO stock of record Sep
TENDER /. This declaration compares
with SIS paid in the four previous
quarters.
Magma Copper.-Regular quarterly
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
The Dollar in Foreign Exchange

In the foreign exchange market Ger
man marks were weak, francs were a
little stronger and the Russian ruble
slightly improved its position. Rates
closed as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Daily Imports and Exports.

Daily imports and exports of general
merchandise at the Port Of New York
we're:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Salisbury Steel & Iron Company

To Holders Of Certificate, Of Deposit Cfedlten ana
other Security Holder.
The undersigned Committee hereby rves NOTES
that It has approved and adopted plan and agree.
ment OF reorganization and has fled copies Of s1ch
plan and agreement with the Hudson Trust Con-
pany. depositary. l4lI Broadway. y. Y. CITY
Copies OF the plan and agreement mas b %.
tanned from the dep0si,aD.
THEODORE ]. GRAYsos. chsirru.
EUGENE A. OEMOhET.
HANS p. BENDER. connIttM
Dated New York. August H. 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25

Steel common offers now curious
study in the psychology of specula-
ton. Why should any one sell at
SOC or SGT a share a stock on which
the earnings are over $40 year!
Is it that they distrust the earn
ings? No. Hundreds of holders
have sold the stock on this last rise
for no other reason than that they
had a profit in it. To account Tor
the selling one has only to consid 3r
that every one who ever bought the
stock at any time at any price mas
lad a profit in it this week. Proilos
are irresistible! 1t Is generaily
much harder to decline profits than
IN let losses run. A man who THINKS
Steel common will sell at Sl25 a
share before the end of the year VIII
vet sell it under par for the sake oil
a proft of $3.50 share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25

Below is given the current exchange
yalde of foreign money in dollars and
cents, together with the intrinsic gold
parity as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Thursday, August 81, 1916.

Although much less active and
somewhat inclined to react, the
stock market was by every technical
indication stronger than on the day
before. Such realizing as had taken
place might have been expected TO
produce a more pronounced effect.
Commission houses have increased
their commitments moderately.
Clients are very responsive to rising
prices, and yet easily persuaded to
take profits. This gives the market
a highly speculative temper, which
could be adroitly infamed. That IS
- be feared or to be hoped for,
ogreeably to the point Of view. The
banking groups whose power over
sneculation is nearly absolute are
evidently pursuing a conservative
course. If restraints were removed
the immediate consequences might
he very exciting. For the ultimate
consequences nobody could answer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
The Hysteria.

Ever since the outbreak of the war
there have been recurrent outbreaks in
Parliament and elsewhere against the
continued expectation Of Canadian
nickel to the United States. The Inter-
national Company has been branded
irresponsibly as under German control,
associated with the Krupps. and
"interlocked with the world wide
armament trust" In fact, according to
a recent semi-official statement from
Ottawa, less than one-half of one per
cent of the stock of the International
Nickel Company is held in enemy
countries. German-Americans, how
ever, may represent a somewhat larger
interest. Certainly Germans are not
in control or the plant would be closed
instead of supplying large quantities
of nickel to .he Allies.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
News Digest
Foreign

London Market London, Aug. "a
The tone of the stock market was gen
orally steady with a moderate inquiry.
Investment stocks were steady, but
Consols and the French loan were
easy. The shipping boom subsided,
and caused prices to droop. Dealers
were increasingly busy advising clients
to deposit their neutral securities IN
the Treasury, which issued supple
mentary list to-day.
The American section lost portion
of Yesterdays rise with the exception
Of United States Steel issues. which
held firm at dearer prices.
Money and discount rates were quiet.
Money loaned at Az per cent. Discount
rates for short and three months bills
were 5B to 5& per cent. Consols
closed at SO and the new war loan at
96A.
Paris Bourse-Paris, Aug. 24.-Trad-
ing was quiet on the Bourse to-day.
Three per cent rentes, SO francs 55
confines for cash. Exchange on Lon
don, % francs 1919 centimes. Five
nor cent loan. 80 francs % confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Finance Economics

GARET GARRETT, Editor.
WALL STREET OFFICE; ,IeIepnosnEe,ia
Building, Broad St hahoNe 'oi''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25

from private interests TO undertake the
smelling and refining OF nickel ORE
and in 1899 another attempt was made
to open negotiations with the britisn
Admiralty. By 1904 nickel had De-
come a practical monopoly. but still
the Admiralty displayed little concern
Accordingly, the Ontario governments
allowed nickel leases to be dealt with
in the same way as other mine leases,
with the result that the Mond Nickei
Company and the international NICK
ell Company secured control of the best
mines producing nickel.
The Mond Nickel Company is the
smaller concern. 1t reduces its ore 70
matte in Canada and ships to its own
refinery in South Wales. The inter-
national Nickel Company is a corpo-
ration with an authorized capital OF
s62 900, 900, formed in 1912 to take
over q number Of concerns. including
those operating in the Sudbury district
The international Company IS much
the larger producer of nickel. IL re-
fines in New Jersey, economic adVaht-
ages having determined the location
of the refining plant. The nicKei
product of the Sudbury region rehned
by these two companies averages nearly
eighty psr cent of the worlds output.
Vital in War.
At the outbreak Of the war it was
necessary that immediate measures De
taken to prevent export of nickel 10
Germany. Accordingly an agreement
was reached between the Imperial
government, the Canadian government
and the international Nickel Company
The terms are secret, but in effect II
gives the British authorities absolute
control for the period of the war over
all nickel refined by the international
Company. An effective system oil
supervision was inaugurated, with the
company's approval, in reality an
elaborate system of espionage by
which every pound of nickel leaving
Canada is traced to its destination.
None of the metal may be sold with
out the approval of the British gov
ernment's agent. This course was
adopted because an embargo on nickel
export from Canada was not feasible,
the refined metal being essential in
the manufacture in the United States
of munitions for the Allies and there
being no refinery in the Dominion.
The effect, too, of a prohibition of ex-
port of ore or matte would have been
to deny nickel to Britain, France, Rus
STA and Italy for munitions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25

Bank Exchanges. The days clear
ings at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-25
Corporation Returns
Philadelphia Co. and Subsidiaries

Decrease.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
C. E. CHAMBERS HEADS
MASTER CAR BUILDERS
Central Railroad Motive Power
Chief Succeeds j. H. MacBain
as President

ATLANTIC CITY. June 16-The master
car-builders section Of the Railway Con-
gress at its closing session here today,
elected c. Il. Chambers, superintendent Of
motive power Of the Central Railroad of
New Jersey, president, to succeed j. II.
MacBaln, of the Union Pacific T. w. DEM
crest, OF the Pennsylvania; James Cole
man, of the Canadian Grand Trunk and
@. w. whlldln, Of the New York, New
Haven and Hartford, were made vice presi-
dents
]. S. Lentz master car builder OF the
Lehigh Valley Railroad for more than so
years, was reelected treasurer by unani-
nous vote Samuel Lynn, of the Pitts
burgh and Lake Erie; j. c. Fritts, of the
Lackawanna and G. b. Young, of the
Chicago. Burlington and Quincy, were
elected executive committeeman.
J. T. Wallis, OF the Pennsylvania Rail-
road. member Of a special committee in
vestigatlng the subject of car-frame weld
ing today submitted the first minority re-
port of the convention. 1t caused the
holding up of the majority report and ref
erence of the whole subject to the Execu-
tive Committee. Mr.. Wallis insisted the
practice Of welding involved peril for the
travelling public.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
UNION LEAGUE TO AID
HUGHES CANDIDACY
Brilliant Signs at Clubhouse
Will Preach Hughes and
Americanism" Doctrine

The Union League. taking the lead OF
any organization in the city. will support
Hughes and Fairbanks. Definite action in
regard to the Endorsement will be taken at
a meeting called for Wednesday next,
Hughes and Americanism" will be the
keynote Of the Leagues support. To that
end a big electric sign has been put in place
on the front OF the historic building.
Hughes and Fairbanks" form the centre
OF attraction in a big row of glaring electric
lights across the top OF the building, under
which is the famous motto of the League.
Love OF Country Leads"
Beneath this is a massive American flag
in electric bulbs. the seal OF the United
States with the eagle and the Union Jack
insignia of the British Empire Above the
Hughes and Fairbanks" sign is a row Of
stars, brilliant In different colors. The maze
OF lights eompels attention and will blazon
forth at night the principles Of the League
10 thousands OF South Broad street shoppers
and theatre-goers.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
J. F. MORRISON DEAD;
CIVIL WAR VETERAN

Continued from Page One
publican and the James F. Morrison Club
bears his name. His education was receiv
ed In the public schools and he was grad
uated from the Central High School with
high honors He was not of age when the
Civil War began, but in June, 1851, was
mustered in as a private In an organiza
tion which afterward became Company K,
I'd Pennsylvania Regiment of Reserves. He
emerged from the war with the rank of
captain,
Captain Morrison's military career was
an honorable one. He served In the
Pennsular campaign, and the battles of
Mechanicsville, Gaines Mills, White Oak
Swamp and savage Station. He was
wounded and captured during the battle
of fredericksburg and was imprisoned at
Richmond and Libby. He was mustered
out with his regiment in June, 1854.
After the war Captain Morrison became
a member of George G. Meade Post No. l.
and was one of It's most active members
His Grand Army activities earned for him
the office of commapder OF the Department
of Pennsylvania, to which he was elected
by acclamation at Wilkes-Bar In June,
1899. He was prominent In all matters
concerning the affairs of Civil War vet
erans, and was named on various commits
sions in charge OF memorials and other
military affairs
He was appointed clerk in the Tax Office
in April 1890, having previously been
member of the music publishing firm of Lee
& Walker. Five years later, In April. 1895,
he became chief clerk. $4,000 position. and
held, that office continuously through sue
ceeding administrations.
Captain Morrison was noted for his in
innate knowledge, of the minute details of
the Tax Office, which won for him the
confidence and esteem of the many oc-
cupants OF the receivership during his long
tenure.
In his early days Captain Morrison was
a volunteer fireman. and was a member
of the Southwark Hose Company. He also
was president of the old Southwark Liter
airy Society. His fraternal affiliations in
cluded membership in Integrity Lodge, F.
and A. NJ, which organization will par
tcpate in the funeral services.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
VITAL POINTS IN THE PLATFORM
OF THE DEMOCRATIC PARTY

Wilson's Administration the best expo-
ton of sound Democratic policy at home and abroad
Special privilege cleared discrimination
Federal banking creating Of Federal Trade Commits
adjustment of tariff providing adequate under peace conditions
and fair and producer. ana ,,
lifted the commodities workingman
'front.' Of injunction
TARFF-Underwood bill unvdy Endorsed the expression OF the
providing
administration Of
Nonpartan Tariff Commission favored , , .
the nation
of Of organizations individuals
this
coercing the Government condemned
as faithles % the of citizenship.
people of the United States desire peace
spirit Of independence them
interference from quarter and be able to
which development
citizens
trained favored.
the of ORDER of safety of the
prote Of then
INTERNATIONAL United only
interests throughout
the world; wherefore bringing
tha sover respected by large nations.
a repet
temporarily portion
Intervention military
stubborn
credab
franchise the this country by the
the terms al o recommended.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
HUGHES TO MEET OIn
BROWN GRADS MONDAv
Candidate Will Spend psv
Commencement and Alums, '
Reunion
BY CARL d. cRoAr

NEW YORK, June 1e.-cha,,,.
Hughes-regular fellow-wills \. Syaa,
publican presidential nomines.s % R.
week. In his own words, he's s.,. n'si
to Brown University, Providence D ~
cave a good time with the boys" = =
Monday afternoon he viii Issv.
NEUTRALITY-SUSPICIOUS. little Me-, hsre isi
He will fraternlze at Tlverton y York
day with the boys" with who y fu
graduated from Brown as yesrs ne Tas
ticipate In the commencement 1870, so, 9at.
Providence and have a hand in th. uses 4,
Of Fellows to which he belongs meeting
Thursday night he will rs,u.u
York ready to renew his prelln,in.w Ns4
paign work. BY that time he vii, ( can
manager and a National Commit. nave 4
man. Up to today however. ~ enaI
lions are In doubt. In some quaT,s, ts po.-
belief fingers that Hughes and nv Ns
Guard aren't entirely harmonious .tn, Va
entries. Hughes friends say bo,s sut ~ tne
VIII be amicable before Monday. sa''
Colonel William Hayward. foru.. :.
YORK state Public Service ComnIss,sa... NeH
strongly backed by the New yvvneF' yo,v.F' b
manager; Frank Hitchcock sS arss 4
Hughes boomer at Chicago, has Ola 'S,nenl n.e
and national support extensively. uua'd
Governor Whitman, who
Hughes, called on the candidate Ina'sa ~
closeted with him for some tIn,s ",
refused to discuss the subject matt. sOh
conference. though each said IL was |. =. ne
good conference" 'eT
Whitman expressed confidence q, az.
come of the election. - u'o ou'
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
SPEAKER ATTACKS HUGHES
AT DEMOCRATS SESSION
Senator Reed Lsuds Presidents Record.
Routine OF Convention

ST. LOUIS, June 1s.-It was 1880 when
Senator James stepped to the front Of the
platform and called the Democratic Nation
al Convention to order.
The opening invocation was offered by
Rabbi Leon Harrison, OF ST. Louis.
Senator Stone had not reached the hall
with the report OF the Resolutions Commit.
tee, and wait followed.
Senator Raed. OF Missouri was invited
to address the convention while Il waited
for the Resolutions Committees report.
Il desire 10 direct the attention OF the
delegates and visitors 20 what | regard as
an important lesson 10 be learned from this
campaign" he began. THE Republican party
has written the laws Of the country for SO
years. Powerful and almost arrogant, thai
party weht out Of power nearly four years
ago. i has still In Il men who are ne.
sDoDslbls for what the party has done.
These met In Chicago several days aao.
snd they did not dare to name as their
candidate any man who had opened his
lips in defense Of their party Tor more than
SIX years
srhey vent into the eatacombs and
brought nan who had sealed his lips ana
pold no attsntiou 70 the anzirs OF ths Re-
publican party. On the other hand, We have
named q man who for four years has al
racfea the destiny Of thls nation We
named 4 man Kho runs on his record. Thsy
name maH to FeRudiate their own rsc.
olaz
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
SIX HEADS LOPPED Off
BY WARES IN CITY Hall,
Penrose-McNichol Men in Two
Offices Ousted-More Marked
for Slaughter

Six Penrose-McNichol followers lost th..
positions in It's city government TO-DAY n.
cause of their failure to align thsrss,s..
with the administration during the rsr,r,
fight prior to the organization Of the RsnnhN
lican City Committee. That others ar. !.
go Is an open secret.
The changes today were In the Offices !,
Receiver of Taxes w. Freeland Kendrsl
and Recorder of Deeds James M. Hasl.ss
In the latter office three transcrlbers war.
dismissed, the explanation given by n.
Recorder being for the good of the s.rv.
ice." ~
The first victim of the political shaksso
today was Henry W. Munkenbaeh, a msrr.
of the 18th Ward Republican Executive
Committee. representing the 10th division
He voted In his Ward Committee for James
ID. Dorney, former McNichol leader who
was defeated for reelection to the Repub.
lican City Committee by John YIrdin
Ware henchman, and Chief OF the DIylslon
of Weights and Measures
The second man to 20 was Owen Me-
Govern, a member of the Executive Com.
mittee of the 25th ward, and a follower
of former Magistrate William r. Campbell,
the McNichol leader of the ward who Il
fast being shorn of political power by
losing appointments made from the ward
by removals.
Inc idSI man ulSInlSBeu Dy Hecoruef Haz-
lett was John II. Cowperwait. a member
of the Executive Committee OF the 37,h
ward, who voted for Oscar Noll, the Ne
Nichol leader. who was reelected 10 q
City Committee. All three OF the mspH
ceived salaries OF $1,000.
Receiver of Taxes Kendrick today =
olined TO make public the full list Of the ~
whose designations he demanded and N
ceived, but 1t was learned that former Nir
istrate James Fealey. of the 9Th Ward, IA
one of the number ousted. Fealey Il allA
with Mercantile Appraiser James A. cag
the McNichol leader of the ward. He hA
the position of deputy delinquent tax soIlss
tor at salary OF $1200. Another dismiss
was Edward Walls, of the 9th Ward, a ealk
in the water division of the Tax Office On
of the other men was Edmond Everhart
clerk, OF the 32d Ward.
City Treasurer McCoach, who ysstsrdzy
demanded and received the resignatlon u
receiving teller George w. Mintzer, Of n
Sd Ward, today declared that he probably
will not appoint n successor to the TrainiF
lieutenant until the end Of the month
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
LIEuT.-coLoNEL MORTON sMlrH
Was Commandant of Cadets at U. )
Military Academy

WEST POINT. N. Y. June is.-LlsutsH'
ant Colonel Morton +. Smith, commandaB
of the cadets OF the United States Mllln1
Academy, died at his home here today
Lieutenant Colonel Smith was born =
Colorado on July 30, 1872. At the as e
IS he was appointed to West Point zaa
was graduated with the class Of ss' 4
1898 he was commissioned first leulenaa'
and became captain on February ~ lisl
Colonel Smith was appointed commas.
ant of the cadets at West Point on ApH
3, 1914.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
roo LArE Eon oLAssIKIoATIoN


PAEsoS;s ygRS y. isls sS. hSs NARY ,I n
% attend Ihs funeral services ol Monday
sssidsnss, S2i6 fSiTmouht ave. ihtsfmsat i- pri,
EtlSsR.--on June 10. ale MARGARET NAY.
wife of VIM. J.. BEoH# 4pd dapshter of Wm.
yves and friends Hfs ,nHylisd g attend the
osciock al her late residence. Valley Green
road Whltemarsh. Aontg0nsFy Co.. Pa. In
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-16
MCORMICK's POLITICAL JOB
GUSTS HIM AS BANK DIRECTOR
Law Forces Democratic Chairman TO
Quit Philadelphia Reserve

WASHINGTON. June 1s.--vance McCor.
chairman OF the Democratic National Com
mittee. must resign his position as a director
or the Federal Reserve Bank OF Philadel.
phia, now that he has agreed to accept ap-
pointment TO the political Job. This was
announced at the Federal Reserve Board
here today.
Under a regulation OF the board. no mem
Der may be a director of a Federal Re.
serve Tank n he holds political Office. BY
the terms OF the regulation this ban was
expressly Intended to cover political com.
mitteemen.