davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
STOCKHOLDERS OF
THE NEW HAVEN
Fewer individuals Own
Shares; Holdings of Cor
porations Are Larger.

The latest classification OF stocknold-
ers of the New York, New Haven &
Hartford Railroad Company shows that
on June 80, 1916, there was total
number Of 25.769. This compares with
a total as of January I, 1916, OF 26,l0o
and total Of 26,517 on June so, 1919.
OF the 25,769 stockholders of record on
June 80, 1916, 1885, or 69.44 per cent,
live in the three states of Massachu-
sets. Connecticut and Rhode Island
There arc 1.571.17s shares of the New
Haven Railroad outstanding, and OF
these s35,113 are held in Massachu-
sets. Connecticut and Rhode Island.
Foreign stockholders on June 80, 1915.
numbered 1874, and they held 5000
shares This compares With total
number Of foreign holders a year ago
of 1873 and a total holding By foreign
stockholders Of 1924 shares. Seventy
four stockholders in Europe hold 4,s99
shares, as compared with 30 stockhold-
ers on June 80, 1915, with 1894 shares.
The total number Of European stock
holders has decreased, therefore By IS,
and their holdings by 1905.
There are nearly as many female
stockholders Of the New Haven as
there are male. On June 80, 1915, the
records showed a total OF ,142 male
stockholders and 1O,35s female. Trus-
tees and guardianship numbered
1881 and insurance companies and
other corporations numbered 93s.
These figures compare with those OF
year ago, June 30. 1915, as follows:
Male, 1l,704; female. 1887; trustees
and guardianships, 1924, and insur-
ance and other corporations, s62.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
REFINERS ABLE TO
FILL HUGE ORDERS
Stocks of Pig Copper Ready for
Winter Use Are Ample.

Untitled orders on the books Of the
various copper companies to-day are
estimated 70 approximate sOO,oO0,O0o
pounds. September sales 70 domestic
consumers to date are estimated at
about iOo,O0O,Oo0 pounds, about half
of which was placed under contract
last week. In the last sixty days home
consumers have purchased about ESQ.,
100000 pounds.
American reiiners will. Il Is reported,
be able to produce in excess OF 20O.-
100000 pounds of copper a month dur
ing the first half of 1917. so that the
order for 44S,000.000 pounds placed by
the Entente powers. which was an
nounced last Saturday, will take up
about one-third of the six months pro-
duction. During the last six months
there has been liberal accumulation OF
pig copper, which will provide the re-
timing plants an ample supply during
the winter. when the mines and smelt-
ers may be less active.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
URGENT DEMAND FOR
RAILROAD EQUIPMENT
Contracts Being Placed for Roll.
ing Stock Of All Types.

Domestic railroads arc seeking 10
place contracts for about 10000 freight
cars, including 1000 hopper cars for
the Chesapeake & Ohio, 1000 boxcar.
for the Perc Marquette, 1900 fat cars
and 500 hopper cars for the Wheeling
E. Lake Erie, 100 stock cars for the
Seaboard Air LIME, 200 automobile
cars for the Chicago & Alton, 1000
general service cars for the Missouri
Pacific, and 1000 hopper cars for the
Western Maryland. The Armour car
lines are taking bids on 800 centre
constructions and will build 300 re
frigerator cars at their own shops. The
recent order for the 900 box cars and
$50 stock cars for the Western Pacific
Railroad was placed with the Mount
Vernon Car Manufacturing Company.
The Minneapolis, St Paul & Sault Ste
Marie is having $50 ore cars construct
ed by the Haskell & Barker Car Com
psny.
The Bethlehem Steel Company is
having four switching engines con-
structed by the Baldwin Works. The
same shops will also build two switch
ing engines for the Maryland Steel
Company, one locomotive for the
Standard Oil Company and one switch
ing engine for the Bush Terminal. The
Lackswanns Steel Company is in the
market for five Pacific type locomo-
tives. and the Belt Railway of Chicago
for five switching engines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
81. Louis, September %.

St. LOUIS, CtptcWtOo' ~f'
II /, the wonder OF the times that
commercial activity continues so un-
cessingly. Despite serious damage to
the three great agricultural produc-
tions-corn, cotton and wheat; despite
abnormally high prices of commodities
that bear heavily on the consumer; de-
spite much unrest in labor and the po-
ltical disturbance incident to the Prcsi-
Dental election; despite uncertainty as
to what may be the effect upon US OF
the ending of the European war, the
volume o, business goes on unstinted
and unchecked. The meaning of this is
not to be had from analysis Of ststis-
ties nor study Of figures, for the cx-
PLANTATION goes far deeper. 1t is to be
found only in contact with those ele-
mental forces and those elemental peo-
ple who make up the backbone Of our
commercial life
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
TO PROTECT WALL
STREET WEALTH
Defence League to Act in
Emergency Organized in
Financial District.

For the protection in case of cmer-
gency Of the vast quantities Of wealth
represented by money, jewels, securi-
ties and commercial papers stored in
aults and strong boxes throughout
the financial district of New York City
the Wall Street Home Defence League
has been organized with full board
of officers and a membership so far Of
about 100 men. John Winfield Scott.
so Wall Street, is the captain com
manding the organization.
Members Of the league met for the
first time yesterday for drill and in
struction In the auditorium OF the
Seaman's Church Institute. The use of
thi. room has been given free Of
charge, and meetings will be held
there on alternate Mondays.
Members of the league will be sub
Jet to call for duty, night or day, and
both their business and home addresses,
together with their telephone numbers,
will be recorded with the lst Precinct
Of the New York City police. Service
in the league will be voluntary, sub
ject to no fees or emoluments.
The officers are DESTROYS OF organ
ling two companies, with n member
ship of at least 100 men each, and re-
o-uits arc being sought among the
younger business men OF the Wall
Street district, especially those who
have either had military training or
who can qualify as civil engineers.
The necessity for the emergency pro-
lection of New York City's financial
district, which embraces an area oil
about one-third OF square mile IS
discussed By an officer OF the league
IS follows:
There Is at present available for tire pro
lection Of greater New York against in
ternal disorder. first. the police force sec
ond. r. very small force Of state militia,
and third. one company of regular coast
artillery stationed on Governors Island.
In time OF emergency it would be hardly
safe TO take the Fire Department from
it, stations and duties. and the Federal
letter carriers would be neither available
nor suitable for the work in hand.
The occurrence of some great disaster in
the outlying districts OF the city. such a.
wde-spreadng connsgrston in The
Bronx. q very serious riot on Staten Island
or a tidal wave at Far Rockaway might
easily demand the presence of every MEM
Der of the police force for days at time.
and. even though the militia and regulars
we're 10 remain rs guard for the re-
msinder of the greater city. their numbers
would be entirely inadequate for the need.
IL seems. therefore. wise to undertake
the organization and training OF a civilian
body TO safeguard the great banking in
stitutions and jewelry deposits south OF
Fulton Street and east OF Broadway in case
OF emergency
An outline of plan of organization
states that this service should be vol
untary and performed at the request Of
tho various employers, who should be
willing TO furnish their quota" and to
pay their share of the expense Of
equipment and training The men who
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

The above rates express the cost OF
foreign money in terms Of the Amerl-
can dollar. You buy an English pound
sterling for s475is; the intrinsic par
ity IL S4.S6ss per pound. Thus, you
say either that pounds arc at dis
count or that dollars are at a premium,
which is owing 10 the fact that in
England the demand for dollars with
which 10 settle accounts in this coun-
try is greater than the demand in this
country for pounds with which TO
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
The Dollar in Foreign Exchange.

The feature Of a dull market In for
cign remittsnces yesterday was the
easier tendency displayed by sterling.
London sight drafts sold as low as
:4.755s, compared with close Of
s4.75a. on Saturday. German marks
were easier, as was the case with Rus
sian rubles.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Monday, September 25, 1916.

Fear that the supply Of stocks
would fail before every one could be
supplied was somewhat cooled by the
experience of five-point break in
Steel common, a petty disaster that
was accompanied by very sharp de-
clines in all the other stocks with
which the eye Of cupidity had been
recently fascinated. There was an
ecstatic opening, on which stocks
were enormously bought by the out
side public, whose anxiety had In
creased uncontrollably over Sunday,
and enormously sold by Wall Street.
Steel common advanced from III to
100, then broke TO 115. Anaconda
advanced to 102 and closed at 97i4.
These are fair examples. Those who
have disbelieved in the recent rise
will say: "This is the end" and busy
themselves with the obsequies. 9th
ers will say: "This is healthy re-
action" Nobody knows. OF the in
flammable materials Of speculation
there is yet great abundance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

The Loree census Of American Sc
curities held abroad is a reminder
that the imagination, though over
whelmed and Inundated by realities,
will rise again. II has been recently
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Boston Bank Statement.-Chsnge. in
the statement Of the Boston banks on
Saturday included an increase OF ST.
754, 900 in all reserves, a decrease OF
s1,051 900 in time deposits and an in
crease of s1.42s, 900 in loans and dis
counts
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Astride of the Flood
Causes Which Have Enormously Increased the
American Farmers Command Over
Modern Prosperity.
Bv ARCHER WALL DOUGLAS.

made possible the continuance OF pros
perity on a sound basis.
II In Oklahoma, one OF the worst
drouth- stricken states in the South
west, there is less cotton, yet there is
some corn, some sorghum grains, many
peanuts, much alfalfa, much Sudan
grass, much hay-snd all these things
command high prices.
Next in interest and Importance 70
the farmer is his congener, the retail
dealer. that great distributor TO the
consuming public in those innumerable
small town, and cities which every
where dot the country from the Red
River of the South to the Red River
of the North. Remote from the mad
ding crowds ignoble strife in the gam
bling stock market, he seeks 70 size
up the situation, not alone as former
~, from his immediate surroundings,
but likewise from the stories that the
press and the magazines bring him OF
the outer world, as well as those he
learns from his own travels, although
his immediate interest centres mostly
about his own environment.
The recovery from the incubu, OF
the European war came to him more
slowly than to "the man higher up
but once convinced, his faith in the
continuance OF prosperity still remains
mistaken. He is evidencing that faith
now by purchasing freely what the
trade knows as "futures"-goods for
use and sale next winter and spring
not only those goods which are mostly
seasonable, but likewise articles for
future use which the scarce and hard
to get. and concerning which he has
decided TO take no chances.
A Man Of Community Spirit.
over and over again his faith in the
stability of things has wsyered, as
prices rose without cessation, for his
former experience taught him that un-
duly high prices check demand. He
has not found it so in the present time,
but rather the contrary. The reason
has finally dswned upon him, as upon
all, that the general buying ability Of
the country has a power such as never
known before, and that for the time
being we accept the high prices of com
modities as inevitable. SO he buys free
Is, but not speculatively. knowing full
we'll that some day, probably when
peace comes, resdjustment will come
and the high tide Of prices will begin
10 fall. But that bridge has yet TO be
crossed. so meanwhile he does not take
very seriously the political situation
nor the unrest Of labor as likely 70
affect the general situation in the near
future. He has great confidence in our
present financial system as a sure pre-
ventive of panics. and sees around him
the slow but steady growth Of local
wealth and local industry. For now
sdays ne is above all a man OF Gem
munity spirit, for that way lie improve
ment and progress
SO il is thus that the hydra-headed
many are carrying on their shoulders
those business activities which aston
ish US by their increasing volume.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Money and Credit

Money on call at the New York Stock
Exchange ruled at q. per cent, I'M
changed from Friday. despite the
extraordinary activity in the security
market.
Time funds on brokers Stock EX-
change collateral continue easy. The
supply is more liberal, following the
gain recorded in the surplus reserves
Of the banks during the last week.
Ruling rates on money yesterday
compared with a year ago were as fol
lows:
A year
Yesterday. ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Eas. 10 said 70 be deprivins the West
ern banks OF more loans than usual.
Larg. mercantile, grain, livestock and
packing house borrowers are obtaining
most OF their funds in the East.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

The eye has been dazzled by few
things, especially one. A COMPARE
son of present prices with the high
est touched in the last quarter Of
1915 shows some surprising and dis
concerning disparities. For illustra-
ton take six copper stocks, seven
lndustrials and thirteen railroads, as
follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

At the beginning Of the war no
one could have imagined that IN two
years We should be able TO buy back
from Europe more than $l,5OO,OOO'-
900 of our own stocks and bonds.
The United States is now in some
what the same case financially and
emotionally as the debtor who, un-
expectedly coming into money, finds
himself able to pay off a large part
of his principal obligation. The
transaction is very important for It's
after-effects. Europe's annual call
upon us for interest and dividends
has been enormously diminished.
Such disbursements on the $780,
100000 Of securities returned from
abroad and now lodged in the hands
If American investors would approx
innate annually perhaps S75,OOO,OOO.
This has been Europe's income on
capital loaned to US. Now it is our
own: it will remain at home.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
From Oklahoma TO Dakota.

From Southern Oklahoma to Northern
Minnesota, through Kansas, Nebraska
Iowa and the two Dakotss you pass
through states where the damage tc
corn and spring wheat has been most
severe. and yet in each you find bust
ness running at food tide and the ex
pectation that it will continue so, al
least throughout the year. A decade
ago this would not have been possible
in face Of the absolute destruction OF
the enormous wealth represented By the
loss in corn and spring wheat. Every
where enterprise would have halted and
the red flag of caution have been huns
out against business ventures other
than those Of mere necessity. That II
is not so now is because OF that wide
spread intelligence which in these days
characterizes every phase OF Western
life. I'm the farmer, the root and prop
Of all commercial life in the West, II
expresses itself in crop diversified
ton that is the saving grace Of the
situation. There is an abundance OF
secondary crops, often unknown and
generally unnoticed, which goes far "a
rccompense for the loss in the major
staples.
The stretch Of country have men
toned does not produce so much garden
truck and fruit as the neighboring sec
tons, and get it has enough TO Illus
,rate the fsst-growing Importance OF
these products. Some idea of the gen
cral value TO the country at large oil
garden truck alone may be gathered
from the statement that already there
have been shipped to market from
states all over the Union about 10000
carloads of tomatoes, bringing some
$50. 900 900 to the producers. There IS
moreover, the ever increasing dairy
COW and the multiplying hen. There is
abundance of forage, as never before
and 4 growing number of silos where
such feed may be preserved green
throughout the winter. Everything the
farmer has TO sell is at top notch prices
and this largely recompenses for the
decreased yields in some grains.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Below is given the current exchange
value 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, 1916-09-26

a despised and discounted faculty,
unable to overtake the facts. And
yet it appears to have overestimated
the amount of foreign liquidation.
According to Mr.. Loree's figures, 1t
has amounted in eighteen months to
only little more than 81, 500, 100000
Of American securities. That, Of
course, is a staggering figure. but
the Imagination had put 1t as high
as $500, 100000. Probably there IS
somewhat to be added to Mr.. Loree's
count. 1t would not include securities
owned by foreigners and held in wall
Street. There could have been per
haps s2O0,0OO,OOO or $3O0,O0O,OOo
worth Of foreign liquidation from
that source. Even so, it is clear that
Wall Street has overestimated the
European selling. 1t will take yet
q long time to bale the foreigners
out of their American securities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Sub-Treasury. - New York banks
gained from Sub-Treasury S2,l0S,0O0.
Silver.-Bars in London. S2ff pence;
here in New York, e9H cents; Mexican
dollars, 533s 562s cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Commercial Paper. - Com

Commercial Paper. -- commercial
paper is characterized by trifle easier
tone. Trading continues dull, with
rates unchanged. Prime six months
paper is moving at 312 to 81. per cent
in the city and 80. to per cent in the
country.
Official rates Of discount At each OF
the twelve Federal districts arc az
follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Bank EIchanges.-The days clear
ings at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Finance Economics

GARET GARRETT, Editor.
WALL STREET OFFICE Telephones,
Building, IS Broad St Hanover ooi,'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Banks Hold More securities-Ns.

Banks HOld more SeCurIties
tional banks in New York have in
creased their security holdings quite
substantially since the June 30 call OF
the Controller. Figures compiled
from tho call of September u show
that the securities held by the six
leading banks here increased s24,7l6,-
800 between June 80 and September
~. Holdings on September II sggre-
gated a value of s2l9,043,9 300. The
First National added s9,72s,50 to its
security investments since June 30;
the National City 1858, ZOO; the
Chase :6,6O7 800; the Commerce So
400, 200, and the Mechanics & Metals
$896,0O0. The Hanover vas the only
one Of tho group which reported a
decrease in this item. amounting to
1851 200, or over DO per cent since
tho June 80 call.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Any Two or More.

Whenever two or three farmer. arc
gathered together and the shop talk
is Of crops you hear the shibbolcth Of
modern agriculture. Of legume., OF
crop rotation, OF seed selection, OF
spraying, OF intensive cultivation and
of balanced rations. The farmer seems
10 know more OF his Job, and to be
moro in love with IL, than ever be-
fore. and the natural sequence OF such
intelligent interest found adequate cI-
preston in the last unfavorable sea-
son, marked alike by drouth and ex-
cessive rainfall. By blight and black
rust, by insect ravagcs and calamitous
storms. When the powers OF nature
had done their worst. intelligence, in
duotry and courage saved the day and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Fractional Lot Service

Orders executed in any amount d
Stocks and Bonds for cash.
We carry 10, 20 or 80 share lo, q
seasoned, safe stocks, dealt in on an.
Of the Exchanges. on margin.
On the Consolidated Exchang,
our orders. reports and quotation, ar
transmitted by signal. afordlns 10.
Simultaneous service.
Certified accountant. ,tat.n,'t o.
audit of our books published gar
terly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Money In the West Kansa. City
advices received by Dow, Jones q Co.
indicate that although deposits are
already IN excess Of any previous
year, banks OF the Southwest are still
making additions TO their deposit ac-
count. Tbs abundance Of funds in the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26
Taking Nature by the Forelock.

Beyond this is the story Of chang
ing and awakened community, whose
first impulse is not TO be contented
merely to do its duty in that state
Of life in which II has pleased God
TO call them, but rather TO so improve
that state of life that it possess some
thing TO be eontented with. II was
formerly the indictment OF Socialism
against the farmer that be vas mere
individuslist, and lacking in that com
munity spirit without which progress
IL is true no longer. Automobiles,
good roads, rural free delivery and the
telephone have made the farmer much
a. other men, without robbing him Of
that sober, sane judgment which
comes only from elemental, healthy
surroundings and such solitude as
affords time for constructive thought.
The farmer, psradoxically, is both
conservative and radical. Like all
property owners, he Is most chary Of
anything that touches his interest or
disturbs his vested rights. Yet, in
matters OF economic and social prog
ress, he is often willing enough to
pull down the temple Of standpatism
about the ears of its builders. He is
fast learning the power and value Of
organization, something that was de-
MED him when lack OF communication
prevented constant intercourse and
interchange OF thought with those Of
his tribe. He has many cooperative
elevators, many cooperative stock ship
ping organizations. many fruit and
truck garden growers associations and
many clubs for various personal bene-
fits. He is learning much from the
state university man as TO the better
ways OF agriculture, but, better still.
no is learning from other farmers and
growers as TO their experience in these
things
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

'15-dsy paper.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-26

Yesterday. ago.
} Call money. 2s4eo q
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-07-17
KILLED
SHERIFF AND GUIDES

OPELOUSAS, La, July 17.-Sherif
Marion L. Sworde, of st. Landry par
ish, and two negro guides were killed
last night in fight with Relaire Car
rier, a Desperate who it is reported
terrorized many people in the Mallett
section, ten miles west of here. News
of the tragedy reached Opelousas ear
ly today.
According to the information reach
ing Opelousas this afternoon Carrier
had killed three men and defied the
officers to arrest him. On attempting
to take Carrier prisoner, Sheriff
Sworde and his guides were all kill
ed. A posse of citizens and officers is
now searching for Carrier, and if the
desperate is oyertaken it is believed
he will resist arrest until killed.