davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
MICHIGAN CENTRAL
TO ADD IS LINES
Railroad Will Absorb Roads
Now Leased-StOck Con-
troll Already.

The Michigan Central Railroad Com
pany has called a special meeting Of
It's stockholders for June 8 to consider
the question Of the purchase Of thirteen
leased lines. The purpose OF the pro
posed consolidation. II 10 announced, IL
to place the company In a more favor
able position for the issue OF future
securities under he laws Of Michigan.
Tho capital stock OF the thirteen COM
panies ia nearly all owned by the Mich'.
gan Central or the New York Central
Railroad companies. The action Is
understood to be preliminary to a financ-
ing OF the road on a broader and more
comprehensive scale.
The company points out that the
amount of a mortgage In the state or
Michigan Is governed by he number
OF miles of road actually owned by the
company desiring to create such an
issue, II IL further stated that much
better terms for a mortgage can he
ton Of the New York Central Lines to-
day Is pointed to as an indication OF
the strength added by such a step,
According 10 the roads statement all
Of the lines mentioned are operated as "A
part of the company, and there Is no
reason for continuing their separate COR
;porate existence. 1t is announced that II
IL intended to convey their property.
rights and franchises by deed. the com
pany succeedipS to their bonded AMI
mortgage debt. One important fact men
toned In connection with the plan ia
that because of the large asnount Of the
stocks owned by the Michigan Central
Company the transfer can be effected
with comparatively small cost.
The following companies are included
IN the proposed plan: BAY City and Bat
tie Creek Railway Company, Battle
Creek and Stursis Railway Company,
Canada southern Bridge COMPANY. chi
caSo, Kalamazoo and Saginaw Railway
Company Detroi. BAY city Rail.
road Company, Detroit n Charlevo'%
Railroad Company, Detroit Bet l.ine
Railroad, Detroit. Delrdy and Dearborn
Railroad Company Detroit, Toledo n
Milwaukee Railroad Company Grand
River Valley Railroad Company, jackson,
Lansing and Saginaw Railroad COMPANY ,
Joliet and Northern Indiana RAILROAD
CornpanS. Kalamazoo ard South Haven
Railroad Company, LanSing Trausit
Halfway Company. Michigan Air iau'
Railroad Company. st. Clair and West
ern Railroad Company, and Toledo, can
ada southern and Detroit Railway Com
pany.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
Omen. Low.
N AND EXCHANGE.

The New York Federal Reserve Bank
rates were 4 per cent, for thirty to ninety
days and . per cent. for longer bills.
Open market discount prime Rccepiances
maturing mp 10 ninety days, ?'g ii ~. per
cent.
Commercial paper rates were 3n3i, per
,rui, f0r ,.s;y 20 H.Gc." dag hills and Tor
-four to six months hest nance.
Time money rather quiet last week.
Rates were .',u2. per cent, for sixty
days, "a d3 per cent. for ninety days am,
3n3a per cent. for four. fve and six
months.
can money on the Moor of the Stock
Exchange ruled between Ia. and -. per
cent. last week,
sterling exchange was unchanged. Final
quotations were: Demand. +I6Is; cables.
40,
can money in London, %aAis per cent.
short bills. 4ssMia. per cent,
Domestic exchange ON New York: st,
Louis, par; San Francisco, 30c. premium
Minneapolis. Toe. premium; Chicago. lsc.
dis, Cincinnati, par; Montreal. 1915
premium,
G3hc.
Now York Clearing. House statement;
Exchanges. t+s:, 0.s07; balance. s2i. aSs,
$50. Treasury credit balance, eS1S.e7s,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
The market 'hcr" WIS due to open Monday
T. % II, noints advance.
Port receipts and stocks.
DAIRY PRODUCTS MARKET.

BUTTER The market was again easter
On top sraaes yes,srIay, I,thourn rsG"!n,'
ing GRADUALLY, 80: pa1hases nsdnS ,s-
ported Tor the weeh, %sains. 90 pack
A. storaSs goods are eShnastel 80 any
Tor tho or ;Sree Weeks iiipoiders are no,
urging stocks Tor sale At much redLctior.
Renovated. ladies' and packing = ock CON
ouis, hni steady Prices; creamery cx.
trs.. ~ score. 3Gi. usGi:c.; higher scoring,
49,. thirds. saG 5tr., unsalted fancy.
49, a 3siac.; prime TO choice. 3Gn3.c.;
held hest, :Gc hrsts. ii:@3.tsc. se:.
staa5,ss, Tes?yafed; sx.rlss oi'a %,sc;
isc.; packing stock. current make. fine.
Seisc No. :, zoe,
,rs GMEEs aa,.; ri 'bs e'S essence s,ea q, .. yt,A
buying' 1890 boxes we're shipped during the
vice. arm. bu, an adVance OF 7,c. GGsl per
~, in freirht rates SisronroceS expor,ers.
Held cheese selling steadily a, former
crices but new goods somewhat more
plentiful and in accumulation, with easier
prices. Receipts for the week were $3.50
held. colored and white specials, lsi,c,.
svsrage fancy. lSHlsi.c.; HATS, fresn; ,spe.
good to fine. ii7ai7hc.; daisies, singles;
held specials, III. lsi.c Twins. held
spccisls. @ls'sc sGnd TO prime; t,r
j - blhfI ~ hifNs w 49,
fresh. lSuI6Lc.: Wis psins. held. lSW
ISL Cheddars. 'D', f.~lstac.: single.
raisies hold. ia Il. de daisies. held.
IsGIsLc. Young usr,,us. held. 1870
snc fresh IL, . '-ac.. state skins.
enocials current maze. iin aI5c.; lower
1r,'e. sMlOc.
ED:s-Market closed steady. despite
~o,.hI.rabIv larger receipts. EOS. TO5 cases
~ wnst neIinst l5sI;7 cases In the
corrssnorsing week last year. Movement
..a 10 .,iil vcry hight. ONLY about
=" 6s6"r"s. haue hecn mi awa. in the
60 york AMI Jersey CIV warehouses TO
-" mN $50 mn ,ascs mn 10 INC same
49, asa'ns1 -'o'yuu an.nn continuos active
s"atdt .uni.,sni 10 Absorb the great bulk of
..'I sun ''n. " JnJJ,na,a cons,derah Iy
,eC..p,s' inNn'ecs aoel small
a,aN,n, suppgs' we're shinped to England
Stlnunt OF eses M''e sn.pp." da
curing nc week Se'rn; nv
sp1aIS rF's,sr rrrsn 81 nrsts 81. a.
.5t nc st"d"s" Pa'rtu 49, a."
:%, rhtias, his's' m6i':c'' n,s.s'
so's G-;o s"Sohls> i''s 20 N.Y.
no ls'." lp''; 80. :" irls'' theuhs'
,Salsc' nearly h'nnerS "natss' 20" Isy'
browns: ~: +" 80, mixed w g.; aucn'
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
GOSSIP OF WALL STREET.
why MOTT

Howard Elliott, president Of the
New York. New Haven and Hartford
Railroad Company. has received the fol-
loSins letter from John +. Miller, a
resident Of this city living on Amsterdam
avenue. The letter reads:
DEAR SIR: For the last twelve years
have worked In the grocery business
from fourteen to nfteen hours per day.
And all the money I nav saved In that
time. about $4,000. I have invested In
diherent railroad stocks In the United
states. II nov looks as II the railroad
employees are going to take my life
savings from me and my family. Since
the Government Is undertaking to pro-
,ect the shippers and travelling passen-
gers ' now believe that II IL up Ia
the Government to protect the people
that have invested their hard earned
savings In railroads."
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
THE COFFEE MARKET.
Scarcely Enough Orders 10 Give
Market . Fair Test.

The coffee market was quiet, Total sales
for the day aggregated only $3.50 bags. A.
there were scarcely enough orders In sight to
give the market a fair test either way prices
moved within a very narrow range and closed
NJ I point advance to . points net decline
There were comparatively few cost and
freight offers received here. While Sanios re.
manned practically unchanged Rio offers were
u trife lower, with Ia quoted at ? ioc. London
credits, and this. together with a decline of
80 refs in the Rio market. save the impress.
SION that u somewhat easier tone prevailed
there. The unsettled political situation and
ton discouraged bullish operations. although
at the same time bears were timid about TAX
ing chances on the short side The local spot
market was inactive. but prices were very
steady, with Rio 10 quoted At s'.c, and Santos
~ at l0i2c,
The Official Brazilian cables reported q de
cline OF 10 reis in Rio. while Santos was un
changed and Rio exchange on London was
again quoted at II .3.3ed, Receipts At the two
ports were $1,000 bags. against ID, 900 last year.
prirps follOw
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
q shlpments.

Another indication Of our increasing
trade with the Orient Is seen In the ship
ment OF some $4,000. 900 In gold coin to
that part of the world. OF this amount
$4,000 0 went to Hongkong and
Shanghai for the purpose Of being melted
down and turned into gold leaf for use In
certain OF tho Oriental arts. Heretofore
China has secured her gold from Japan.
but that country has recently curtailed
tho export of the metal. and China her
SELF Is pretty well denuded Of spare gold
owing to the shipments she made to this
country last year. The remaining g..
100000 went to Java for Dutch and Eng
fish account The consignment was ir
connection with regular banking transac.
tons growing out of exports.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
COTTON MOVES UP
IN NARROW MARKET
Crop News Over the Week End
Not Considered Entirely
Favorable.
TEXTILE WAGE INCREASE

Cotton was without any feature yes
terlay. After moving within a narrow
range. prices closed at "a ne; Jain Of
4 to ) points, with the undcrtone fairly
steady on a little covering and some
buying for Liverpool account. In the
BY Liverpool. particularly OF late
months.
crop news at the week end is not al
together favorable. although the COM
plants appear to he the result, Of pas;
rather than present conditions. Mem
phis says that the cool weather re-
suited in much delay OF plant srowt In
Mississippi. In tie lower portion Of
the Yazoo delta the soil Ia st!ll too wet
for cultivation and planting. owing to
overflow. Some cotton. however, is up.
In Texas there has been sufficient
moisture TO terminate seed and bring M
cotton. and planting Is being rushed to
completion. with the exception of the
southern part of the State. whc"c plant
Ing was delayed on account of drought.
the crop will nay "A fairly carly start.
BtddStrect's says that the weather has
not been favorable in Texas. Georgia and
South Carolina. Damage ocCurred from
frost In Apiil. but the corn crop was
the chief sufferer.
Fall River ,,rin, cloth sales for the
Meek are placed at 100000 pieces com
pared with 3oo.cc0 pieces last year.
Buying has been less urgent. but anu
facturers have no tiouble In getting their
prices. Demands fos wage increases
are being considered. II an advance of
10 per cent. is granted 1t IL thought
that more operatives than usual will
work during the summer. as wages then
will lie at the highest record In the
history OF cotton manufacture and will
be higher than the average wage o
tanned for summer outdoor work.
The market closed steady
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
Lending Conscience.

The absence Of many Of the most
prominent bankers Of the city from their
desks. their departure on vacations hav.
ing taken place late last week. gives the
impression that the leading bankers Of
the country do not expect that serious
financial developments will follow q
break with Germany or Intervention in
Mexico. Francis l.. Hine. president Of
the First National Bank. left only last
week for White Sulphur Springs. A.
Barton Hepburn. chairman Of the Chase
National Bank. has gone TO Alaska. and
Albert II. wiggin. president Of the same
institution. has been in the South for
several days.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16

In its bulletin. No. 10. against the
proposed Government venture into the
manufacture Of armor plate the Bethle-
hem Steel Corporation contends that
Secretary Daniels's estimate that the
Government can make armor plate at
s262 per ton in a plant OF 10000 tons
running at full capacity Is a fallacious
one. His estimate Is said to owe
merely shop work.. emitting many de-
tails that must enter into the actual
cost. Among these are administration
and general expenses; insurance. taxes
and depreciation Of plant. together with
interest on investment and working
capital. II is pointed out that the award
plant running AT full capacity would
make possible equally great. II not
greater, economies in a private plant.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
4 Forecast.

Clark, ChiIds 4 Co. In their market
letter say at is we'll to pause to con.
slider what might occur II peace should
be established In Europe In a year. II is
denonstrable that steel and copper IN.
dustries are likely to enjoy two years
more Of most profitable operation on
business booked. and which war with
Germany and Mexico might only slightly
modify. Peace. on the other hand. would
check foreign sales Of our railroad Sc
curities and probably lead to heavy Eng
lish investment In this line. In the de-
preston of 1914 and 1915 fiscal Yeas
railroads earned current dividends.
which SHOW good returns at present
prices. This fiscal yen average earn
irgs OF railroad stocks may easily gain
one-half over the earlier years. A ma.
jority OF the Industrial issues will show
greater gain"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16

BRISTOL, Va, April l3,-In an effort
to capture 4 billy goa, aud cart as a
prize, small boys OF Bristol delivered
In The fountain triangle here In twenty
-four hours 53,Sl3 tin cans gathered
from premises and alleys. This was
one Of the features of a clean up cam
paiEn by the ladies Of the Civic League
and was intended as an object lesson.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
bar silver.

Bar silver climbed to q new high
record price on the present movement
Yesterday. selling ut SAN cents an ounce
here and 33S pence In London. There
Is nothing to account for the continued
rise In the price Of the metal other than
that which has already been told. India
is said to continue 60 be q heavy buyer
for coinage and other purposes. Ru.
mors are current that II the present
strength In the metal continues certain Of
the spectators will probably give at.
tention to the so-calied silver stocks.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
Pars on February ~. q entered at this
port on March I, 1915.

COBALT-No advance 10 made On the
foreign market value Of ~rseinsts Of cobalt
imported here from Fred Boshm Of Lon.
sion Just handed down by 0snsrsi Ap.
praiser Brown. Judge Brown writes:
"Resirate of cobalt. entered at 400 per
ton. Discount 10 per cent. Less shipping,
freight. insurance and consul fee. Bar.
rols included. No advance"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
THE PITTSBURG MARKET.

PlTrsBrRG. Aprl IA decline - a point
in LA Relic Iron Was tho only change nj
Ing was light in volume. win many OF the
listed shares not being traded in a, all, The
sImn,ary
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
ANY INVESTOR

terr"d stock fuzzy paid amt non ssseasAb Bile
Slnh per shar" Buslnsss, established Manu-
'ntturtug J"Nc'rH, ~, ttu r"t sonlhly hs
expected, Make \ Iit''c money and ~aru
YOU = handsome income Box SlS, Attic.
horo, Mass
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
closed steady
Open High-Low. Clos.

Tho local market Tor $40. cotton was
quiet, : points advancr. middling. iac.
Southern spot markets - officially reported
were unchanged. New Orleans. II $50 Gal
weston. y &c, savannah. ii7sc.: Memphis.
12c.: Augusta. II iic.: Houston. -
New Orleans market tlosed steady.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16

The Liverpool market opcncd quiet. There
was a hardening husin"es In sno' cotton. with
nlddllng h POINTS advance. at sid. Sales.
<cT bales; rc'cipis. l:.No bales: American
nil Closed steady
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16

Ing House Association compares 10 follows with the previous weeks figures:

ON the case Of State banks and trust com
panies only reserves on net demand deposits
are given. no reserve being required on time
deposits. decrease.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
TRUST ~coMPANIIs
FEDERAL NENRvE DANK

Brooklyn Trust Company. ......
bankers Trust Company 49,.
Q. 3. MortsAee and Trust Company
Aston Trust Company .......
Title Guarantee and Trust Company
Guaranty Trust Company. ......
Fidelity Trust Company $3.50.
Lawyers Title and Trust Company
Columbia Trust Company 49,.
Peoples Trust Company ......
New York Trust Company ......
Lincoln Trust Company .......
Metropolitan Trust Company 80.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
DEATH Of
CLAYTON
FOURNIER

Louie Fournier received a telegram
Wednesday afternoon from Minneap-
oils announcing the death of his
son Clayton, who died in the City Hos
pital in that city quite suddenly. Mr..
Fournier left on the evening c. M. &
St. Paul passenger train for Minnea-
polls where he will look after the
body. The remains will be brought to
Grand Rapids for burial. They will
arrive Friday morning and will be
taken to the home of Mrs. G. W. Davis
on Third street south.
Mr.. Fournier and other relatives
here have the sympathy of the COM
munity in the sudden loss of an only
son.
Clayton Fournier was barber by
trade and has been in Minneapolis for
several years following his trade.
The funeral service will take place
Saturday morning from SIS. Peter &
Paul church, Rev. VIM. Reding Of
ficiating.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11

mittees.
Senator Paul o. Husting was favor
ed for the member of the resolutions
committee by the majority of the de-
legates here today.
William Wolfe of La Crosse who is
being mentioned prominently as a
candidate for United States senator
to succeed Senator Robert M. La Fol-
lette probably will be chosen to sec
ond the nomination of Wilson.
One of the other important things
to come before the meeting will be
the question of choosing a national
committeeman to succeed Joseph Da-
vies who is now chairman of the fed
eral trades commission. Joseph Mar
tin of Green Bay is one of the candi-
dates to succeed Davies. If Martin
is elected he will resign as chairman
of the state central committee leaving
another vacancy to be filled.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
ARRANGING
BASE BALL
SCHEDULE
Marshfield. Wausau and Mosinee Each
to Play Eight Games With Grand
Rapids Team.

Secretary Joe Wheir, Jr., of the
Grand Rapids Base Ball association is
now arranging schedules of games
with teams in nearby towns.
It is proposed to play eight games
with the Marshfield, Wausau and Mo-
since teams and possibly some other
team will be added to the list later.
The home team will receive all the
money taken in and the visiting town
will pay all its own expenses.
Each team will play. Independent
ball and other teams than those men
toned in the foregoing will be given
an opportunity to taste defeat at the
hands of the Grand Rapids team.
Grand Rapids can have winning
team-if the fans want one. It's en-
tirely up to the fans. If the team is
supported, good ball will result for
no one can expect the players to give
the best they have unless apprecia-
ton of their work is shown.
Wausau. Marshfield and Mosinee
each have a good team and good ball
may be expected.
You can show the team what you
intend to do this summer by turning
out to see the first game Sunday.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
MAY USE PEPSIN
INSTEAD OF
RENNEI IN
CHEESE
Shortage of Rennet Extract Makes
Use of Substitute Necessary.
(By United Press Association

(By United Press AssociatiOn.)
Madison, Wis, May 11.-Makers of
American cheese are urged to use pep
sin instead of rennet extract in the
manufacture of their product in bull
letin issued by J. L. Sammis of the
Wisconsin college of agriculture.
Experiments made at the dairy de-
partment of the university show that
when pepsin is used in making Ameri-
can cheese the product is equally as
good as that manufactured. by the
use of the rennet extract, according
to the bulletin.
Due to reduced imports from Eu-
rope, there is an immediate danger of
a shortage in the supply of rennet ex-
tract. However if large quantities Of
pepsin can be supplied and used at
American cheese factories there will
be less difficulty in supplying rennet
extract for making other varieties of
cheese for which sweet milk is used.
Pepsin has not been used success
fully in making Swiss, Limburger, or
Brick cheeses.
The bulletin advises American
cheese makers to procure a sample
supply of pepsin at once and give it
a try in their factories before their
supply of rennet extract is completely
exhausted.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
PAST WORTHY
MATRONS PIN

Mrs. W. G. Merrill, past Worthy
Matron of Rainbow Chapter of the Or
der Of Eastern Star, was presented
ith handsome past worthy ma
irons pin by W. L. Atwood, Worthy
Patron, in an appropriate address at
the regular meeting of the order in
the Masonic Temple Wednesday eve
ming. Mrs. Merrill received it grace
fully and responded in her usual af-
fable and appreciative manner. 1t has
been the custom ofthis order to pre-
sent all retiring Worthy Matrons with
an official pin representing the high
office filled by them in Chapter. The
exercises were very interesting.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
GRAND WORTHY
MATRON COMING

On Tuesday evening, May 18th,
there will be held a very interesting
session of Rainbow Chapter, Order of
Eastern Star, the occasion being the
annual visit of the Grand Worthy Ma
tron, Mrs. Minnie Cleveland of Ripon,
who will be here for that occasion. A
banquet will be served at o'clock af
ter, which the program of exercises
will be carried out. It is expected
that every member will be present on
this occasion.
At this time the 9th birthday an
niversary of Ira Purdy will be cele-
brated as being the oldest member of
the order in the state. He was
charter member Of Rainbow Chapter
and has held the Office of Tyler ever
since the Chapter was instituted.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
FOURTH OF JULY
MOVEMENT TO
START SOON
Business Men Want Big Dongs Here on
Independence Day

one for Grand Rapids, and if this city
takes advantage of the opportunities
offered it to advertise itself as a live
wire city, good results are sure to
come from the efforts made.
With the Eagles here in June, cell
ebration onthe Fourth and the Travel
ing men in August, the people of this
city and vicinity surely should not suf-
fer ennui.
The men behind the Fourth of July
movement are hustlers and experienc-
ed and when they start anything it
usually goes through to a success.
Be a booster and boost your own
city-let the world know this is a
real live -to-the-minute community
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
COER d 'ALENE MINERS GET
$125,O0O IN GOLD BONUSES.
(By United Press Association.)

Wallace, Idaho, May IL Nearly
$125,000 in gold was received hereto
day to be distributed among 1000 min
ers in the Coer d 'Alene district as
bonus for their work during the month
of April. The bonus for each miner
amounts to about 81 day. The bo-
nus system, adopted by the mine op-
orators February 1, is governed by
the prices ofthe metals produced
mostly gold, copper and silver. For
March the miners received rs cents
day bonus. Merchants throughout the
mining district report that business
has practically doubled since the in
auguration Of the bonus system.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1916-05-11
(By United Press Association.

Oconomowoc, Wis, May 11.-This
little summer resort village was
startled today when two of its leading
citizens were arrested charged with
misappropriating between $4,000 and
$11 900 from the First National Bank.
The men arrested are Charles D.
Probert, aged 46, cashier of the bank
for six years and previously he was
with the Bank of Oconomowoc for 25
years. He is married and has three
children and was senior warden inthe
Episcopal church.