davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Business Small in Narrow
List - Some Irregular
Recovery in Prices.
EARLY WEAKNESS
NOT CONTINUED
Railroads Steady-Some war
Stocks Lower-Bank Surplus
Up-More Gold in Vaults.

TIE week ended with the question 81
20 whether or not We we're 70 take NJ
war in Mexico undecided. The fac
that no decision had been made, joined
10 the known disinclnation Of oui
authorities 20 admit the necessity o.
war. was something Of favorable IN
fuencc. News received was inconelu
sive. Further efforts were being made
TO avert hostilities. but against TINS
we're stories Of survivors OF Carriza
that made that encounter seem prac
tically a massacre. There WAS no let
up in preparations for getting the
National Guard 20 the border tC
support our scanty regular army
Altogether. there was little TO induce
professional traders. who had started
most Of the weeks activity. TO do more
than even Up few commitments
before Sunday.
After some irregular weakness
around the opening the trend of prices
such as 10 was. was toward higher
levels. Liquidation Of insecure ac-
counts had done a good deal toward
clearing up weak positions. A little
short covering was sufficient in many
instances 20 send prices higher. Deal
ings were at an unusually low rate
only about $4,000 shares changing
hands in the two hours of trading, one
Of the smallest Saturdays Of the year
Marine preferred, with some 10000
shares. was the most active stock. For
e while IL declined, getting down under
the lowest of Friday. but it made W
almost all Of its loss later. United
States Steel was steady as ever. o.
the weak stocks of recent days Alcohol
lost over points and a few others OF
the war group slipped back in small
business. The coppers were irregu-
larly changed, the zines improved and
the railroads did practically nothing
The active list was narrow one.
After the close the Clearing House
statement showed further improvement
in local banking conditions. Transfer
Of loans TO outside lenders cut down
the loan item yesterday morning more
than S24.OOOO0O with a reduction OF
only some SS.0OO.O00 in demand de-
posits. There was an addition OF over
S14.O0000O in aggregate reserve and a
gain Of S15.S00,000 i'm surplus. Three
weeks ago surplus was under
S56.OOOOOO. Yesterday IL stood at more
than s1O9OO0.O 900. Since the income
tax was instituted the latter part Of
June formerly brought losses 10 the
Sub-Treasury, but last week transfer
Of funds here because of the higher
rates on collateral loans produced a
gain.
Gold brought in on account Of the
British Government is apparently
going into bank reserves. The total
held Yesterday morning was S2O,O0O,OOO
higher than the week before. There
was deposited in the Assay Office
$4,000 600 more yesterday. which. with
the S2O.O0O.00O that has been received
i'm Philadelphia. makes well on toward
S1OO.OOO.00O brought in since London
started the gold movement. Il was
reported that an additional shipment
of s11. 100000 had come direct to this
city across the Atlantic. This may
mean that the supply available al
Ottawa has at last been depleted.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
smashing Another BrItIsh MonopoIy.

Is the war In Europe % smash Grea,
Britain's monopoly Of another indus
try and give American interests pow.
ertul foothold? "Ihe London Statist'
seems 90 think so and warns British
tin shelters that tho American inya-
sion of that field BE- q factor that must
be faced after the end Of hosti.ites
The American interests concerned
the American smelling 6 Refining
Company have gone rg.. into the 30
livian tin-m.u'ug business. both BY
making advances ON ore and by tnane..
ing miners, says "Ihe >a.st" ana
official United States reports asserie
recently that with sufficient capital 70
Bolivian deposits Of tu could easily
furnish the United States with an me
metal needed. ~ appears from this
the publication concludes, "tha. ne
British tin smeltcrs wI have some
thing 10 think about one of these days,
although hitherto Che characteristic
British attitude OF ind ference mas
been assumed. America is tne uA
smelling trade for good. and has no"
plant operating OF an entirely Up
to-date character while tne peoP.g,
owning 10 possess unlimited in.ne,sAl
resources and have che PICK ot tne
worlds brains 90 assist them 10 &C.
yeloping their enterprise
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

Another view OF the market ou.lo,,
as presented in letter ofan importsr,
exchange firm is this. The mar.sy..
technical position is generally VIVA, +.
has been for months. Large amonr,.
OF stock in the aggregate are beirg
carried on good margin by the public
mos OF the stock having been 6ough,
at higher prices, but held er.;.ter,iv
in hopes of avoiding losses. me boii.
ers are well able O. furnish more mar.
gin, but these holders have sweiied
Wall street loans 20 The Limit and
under such conditions .t is Difficult, 10
engineer substantial advance. how.
ever much values are entitled 70 he
pegged up. a prolonged rise +. would
seem can come only after much lioui.
dation Of these holdings. ana from -
technical viewpoint it appears TIA,
stocks are sale. regarding such lioui.
dation as inevitable
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
CLEARING HOUSE
SURPLUS HIGHER
Excess Reserve $1O9,OO0,00O, a
Gain of S15,OOO,OOO-
Loans Reduced.

The actual Clearing House statement
showed an increase i'm surplus OF SIS
S2O.67O TO $1O9,5 40 Demand de
posts decreased S7.S73.O0O, time de-
posits decreased S6,694 600, and loans.
discounts, Investments, etc. decreased
S24, 564 ,00C. Aggregate reserve in
creased S14,27S,000 and specie in own
vaults increased Sl6.259. 600
In the average statement surplus re
serve increased S24,466.100 10 Sl04,-
471.44O. Demand deposits decreased
S3.7sS,OO0. time deposits decreased
$4,000. and loans, discounts, invest
ments. etc, decreased $25,57S,00O. Ag-
gregate reserve increased S241S6,OOO
and specie in vaults increased Sl9,-
h47 600
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
MONEY AND EXCHANGE.

...-.-1.-..-
NINA" w. No. TUT
paper maturing Do zen days or less, per cent up
d, -lrr., rs-. 4 ter cent
..,, .,....,.,. ,.,.- 81. -, .. -, AZ
' tt lff 'ni
TIME MONEY during the week WAS firm Rates
%, .. .-. -. 81,
4'' i' ''"t i"l s'A' "''' "'"Vf u"'' ''+"f
por cent FOR fou- I've and SIX months
,frpfA\Tfrr q. pAprp ,,,s ,,t.. pult,y -.,..
sA "t per cont ior best names bank scceptances.
.,,.,,..,. ,,o,-,,. rp,,., ,-,o,.
'"iA"l''' "",'L i"ANNhNlloNS. - III
changes Sisi5litsI. balances. tls57553C. The
Sub Treasury Wds creditor 20 the amount u
Sl.ls6.l1
SIR vnrAcrpy Vow york hs,t, s,t,.t ,,or.
Cd. Sfit r-.s..r, 81 flp 900 '.''"
t.,,.,.r., ,,,...t.,,,.,. ,,r.,,,,,.,.,. =, - 49, 90.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
BRIEF WALL STREET NEWS

N The statement Of earnings Of the
psubsidiary companies of the Atlantic.
y Gslt and West Indies Steamship Lines
for April shows total income increased
S496,92S above that for the same month
last year. while net income, after in
terest on bonds and other deductions.
increased S49S.92S.
Gold amounting to 100000 has
been withdrawn from the Sub-Treasury
for shipment 20 Cuba.
The branch Office Of Sternberger.
Sim CO., Stock Exchange members.
IN the Broadway Central Hotel has
been discontinued
6 S. Prince has been elected a mem
Der Of the Stock Exchange committee
on securities. to FIN the vacancy caused
by the resignation of j. s. Halle.
The Stock Exchange committee on
securities has ruled that on and after
july ] dealings in Third Avenue Rail.
way Company adjustment mortgage
afty-yeHr 5 per cent bonds shall be
"sad interest" from April l.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Betting on Election Lays

The prevailing odds on Hughes ID
the financial district yesterday "eis,
At 2 20 3. with Wilson supporters su.t,
asking 90 /. Some bets OF s' H..
omour,s were reported by Edward We
Quade, the curb broker, 40 9 90 D. @S
Quade said that several large
placed with him 90 BET on hus9es ~
, 10 1 and @ 20 8 had been withdrawn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
PUBLIC UTILITY NOTES
General News and Earnings Of Nari-
Gus COMPUTATIONS

A gain Of nearly 10 per cent in total
business FOR last month over May
1915. Is shown in the earnings state
ment Of the Public Service Corpora
tion Of New Jersey. The increase
amounted TO s36l .25O. The increase IN
surplus available for dividends
amounted TO S4S.29l. For the five
months ending May 81 the gross in
crease in total business was almost
100000 The increase IN surplus
available for dividends was S436lil.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Arkansas Valley Ry.. 1t. and Power.

Steady improvement is shown In the
earnings Of the Arkansas Valley Rail
way, Light and Power Company for
MAY over the same month last year.
Gross earnings were Sl0l.s3l. AN JIM
crease of S5,63l. and net earnings
amounted 20 $4,000, an increase OF
S2Sg5
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

There was talk yesterday around N.
street Of the organization OF a new
club. Disappointed holders Of conner
stocks, past and present, would be ell
gible for membership. 5. was said. /,
was suggested that the officers b.
chosen from holders Of Tennessee srt
kennecott.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
STOCK EXCHANGE FOR THE WEEK

Following giving the number OF shares oil All s
the a. together with the mghs
and the week, the anu III" P
nd he and Of the 1913
the 2sI7oo week ago ana Io
S38220O against 6Il'f In 1910
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Northern States Power.

An increase Of 10 per cent in gross
earnings and II per cent no net -
shown In the earnings statement OF
the Northern States Power company
OF Delaware. FOR May over the same
month i'm 1915. Gross earnings for the
month were S44S.S02. an increase OF
S73972. while net earnings were $751;
~ nm increAse OF SA4.63l.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

O4S'98S, an increase of 544 per cent. a.
compared with the same week last wear
ana or ga per cent over 1914. Last
week the gain over 1915 was 4s.7 per
cent, and two weeks ago 66 per cent.
New York City reports increases OF
o9.5 and 500 per cent and cities outside
OF 1871 and 44.6 per cent.
Average daily bank clearings for the
year 10 date are given below for three
wears.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Bank Clearings.

That general business continues re
markably we'll sustained Is shown b.
Clearing House transactions, the total
exchanges last week az the principal
cities IN the United States, according 20
"Dun's Rey.ey." amounting 10 ss,22o,-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

Official Cotton Exchange Liverpool cables.
Spot cotton dull. S points lower. Mid-up-
land. s.2id. Sales. 5000 bales, Including
1000 American and 800 speculation and eT
port. Imports, 5000 bales. including 900
American. Futures opened quiet. 10
points lower. and closed quiet but steady. at
a net advance Of 2 % points. July. August
7.94i I'D October November. 7.SOd: January
February. III I'D March-April. lid.
The weekly Liverpool statistics follow.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Sinclair Oil BUYS Property

The Sinclair oil & Refining Company
has taken an option on the four refining
plants Of the living Company. accord
ing 10 an announcement yesterday
The plants have combined capacity
o. about 26,000 barrels a day The
r'Sin p.ant is located az Gainesville,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Standard Screw Redeems Bonds

The Standard Screw Company, DO ws'
announced yesterday, will call for re-
demption an of its S270C00 outstana'
ing gold debenture 5 per cent oonass'
The bonds are dated October ], lsV''
the original issue being 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

American Tobacco Company. TO de
vote his entire time 20 the film bust
ness This change was reported q
portend the merger OF number OF
moving picture concerns with the
Vitagraph.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
NEW YORK STOCK EXCHANGE
SATTRDAY. June u, 1915.

OF 1siO against 73ooo fHd -
o-o~'@V"
6l77iO0 All including annual d'oe"" ' " "
liars
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
luo $50. ~ dividend
DIVIDENDS DECLARED.
DAILY IMPORTS AND EXPORTS.

Daily imports and exports OF gen
erai merchandise az the Port OF New
York were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25

Benjamin B. Hampton. who was in
tcrested In the rennaneing OF the
vitagrsph Company OF America, has
resigned as vice-prssident OF the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-25
Benz. Hampton in Film Field

.r 9si . ~. s a. q: a ds' s" Par valve q " stocks 400 @ ~ stated
St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-09-23
Act No. Is

House Bill No. S. By Mr. Heintz.
JOINT RESOLUTION
Proposing an amendment to Article11
of the Constitution of the State of
Louisiana on the subject of Juvenile
Courts.
Section 1. Be it resolved by the
General Assembly of the State of Lou
issana, two-thirds of all the members
Il .cted to each House concurring that
the fifth section of Article lis Of the
Constitution of the State of Louisiana
be. and the same is hereby repealed.
Section 2. Be it further resolved.
etc. that this proposed amendment
shall be submitted to the qualified cleo
tors of the State for adoption or rejec-
ton at the Congressional election to be
Section 3. Be it further resolved.
ETC.. that on the official ballots to be
used at said election there shall be
placed the words: For the proposed
amendment to Article lis of the Con-
stitution Of louisiana" and the words.
Against the proposed amendment to
Article 118 of the Constitution of Lou
isiana," and each elector shall indicate
as provided in the general election
laws of this State. for which Of the
propositions he votes.
HEWITT BOUANCHAUD.
Speaker of the House of Representa-
ETHELRED NJ. STAFFORD.
President Pro Tempore of the Senate
Approved: June Is, 1916,
r. G. PLEASANT,
Governor of the State Of Louisiana.
A true copy:
JAMES J. BAILEY,
Secretary of State.
St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-09-23
Act No. %
Senate Bill No II. BY Mr.. Leon r.
Smith,

Senate Bill No. n. BY Mr.. Leon r.
Smith.
AN ACT
proposing an amendment to Article
go of the Constitution of the State
OF Louisiana. relative to the voting
ana levylng of specia. taxes In aid
of public improvements.
Section l. Be 1t resolved by the
General Assembly Of the State Of Lou
islana, two-thirds of all members
elected to each House concurring. That
Article 270 Of the Constitution of the
State of Louisiana be amended SO as
to read as follows:
Article 270. The General Assembly
shall have power to enact general laws
authorizing the parochial ward and
municipal authorities of the State, by
vote of a majority of the property
TAX payers. in number entitled to vote
under the provisions of this Constitu-
ton, and in value. to levy special taxes
In aid of public improvements. railway
enterprises. river transportation lines,
such as steamboat ard barge lines, and
navigation canals; provided, that such
q tax shall not exceed the rate Of Ave
mills per annum nor extend for long
er period than ten years; and provid-
ed. further. that no taxpayer shall be
permitted to vote at such election I'M
less he shall have been assessed for
property, the year previous, in the
fected
Section 2. Be 1t further resolved,
etc. That the foregoing amendment to
Il Constitution Of the State of Lou
lana be submitted to the electors Of
the state at the next election for Rep
resentatives in Congress. to be holden
on the first Tuesday after the first
Monday in November. 1915. and on the
OFFICIAL ballots to be used at said cleo
ton shall be placed the words: For
the proposed amendment to Article
louisiana" and the words. against
the proposed amendmerc to Article 27O
OF the Contribution Of the State Of
LOUISIANA" and each elector shall in
Ocafa - 1yoX10e6 u tho Goneyal cleo
St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-09-23
Act No. 81

Senate Bill No Is.
BY Mr.. Delos r. johnson.
JOINT RESOLUTION
proposing an amendment to Article 21V
of the Constitution Of the State Of
Louisiana fixing tho qualifications OF
holders Of office.
Section 1. Be it resolved by the Cen
eral Assembly of the State of Louisi-
ana tWo-thirds OF all the members elect
ed to each house concurring. that Ar
ticle 210 Of the Constitution be amend
Cd so as to read as follows:
Article 21O. No person shall be eli
gibie to any office. State, judicial. Pa
rochial, municipal or ward, who is not
citizen of this State, and a duly quan-
fled elector of the State Judicial Dis
trict, municipality or ward; wherein the
functions Of the said Office are to be
performed: provided, that resident wo-
men over the age of twenty-one years
shall be eligible to hold the office Of
FACTORY Inspector and any ONCE con-
airy. penal and correctional systems OF
the State, Parish, Ward, municipality,
or any other political division Of the
State And whenever any officer. State.
JUDICIAL, ParOchial, municipal, or waru
may change his or her residence from
this State. or from the district, parish,
municipality or ward in which he or she
holds such office. the same shall thereby
of domicile to the contrary notwith-
standing.
Section 2. Be it further resolved.
etc, That this proposed amendment be
submitted to the electors of the State
Of Louisiana for the approval or reJec-
ton, as required by Article 231 Of the
Constitution Of the State of Louisiana
and the general election laws OF TINS
State in November. 1916.
Section g. Be it further resolved,
ETC.. That on the official ballot to be
used at the said election shall be placed
the words For the proposed amend
ment to Article 210 of the Constitution
relative to women" and the words
against the proposed amendment to Ar
ticle 210 Of the Constitution relative to
women, and each elector shall indicate,
as provided in the general election laws
of the State whether he votes for or
against the said amendment
: FERNAND MOUTON,
Lieutenant Governor and President OF
the Senate.
Speaker of the house Of Represents
Approved: JulyB. 1916.
r. G. PLEASANT,
Governor of the State OF Louisiana
4 true cOny:
St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-09-23

Constitution df the state bfo7ldIhe for
tho funding Of certain debts OF the
City Of New Orleans and Of tho Board
Of Directors Of the Public Schools.
~ repeating. affecting. changing or al
tering Act 179 Of the General Assem-.
bly, Of the State of Louisiana for the
year 1908, authorizing the Issuance Of
two million dollars for bonds for Belt
(S) That all the rights. franchises
and immunities herein granted shall
continue and exist only upon the con-
dition that the construction Of said
bridge shall be actively begun not late
bridge shall be completed within nve
years from the date Of the commence
ment Of the work; provided, that after
the work Of construction has begun.
in the event Of delays occasioned by
litigation. strikes. panics. lock-outs.
failure Of contractor or sub-contrac-
tors to deliver materials on contract
time. or OF any contractor or sub
contractor to complete work on COM
tract time. or any delay occasioned by
the grantee herein has no control.
there shall be and is hereby granted
further time for completion. equal to
the period covered by such delays: and
provided. further. II the Congress Of
the United States shall. after the con-
struction Of said bridge has begun.
grant an extension Of time or further
delay for the completion Of said
bridge, then such additional delay
shall be and is hereby. ipso facto.
granted under this Act.
Section 2. Be it further enacted.
ETC., That the amendment proposed by
this Act shall be submitted to the
electors of the State for their approx
al or rejection at the Congressional
election to be held on the first Tues
day after the first Monday in the
month Of November, 1916: that there
to be used at said election the words:
For the proposed amendment to
the Constitution Of the State of Louis
lana granting to the City OF New Or
leans power to construct. equip, MAIN
tain and operate bridges or tunnels
New Orleans. etc." and the words
Against the proposed amendment to
the Constitution Of the State Of Lou
isiana granting to the City Of New
Orleans power to construct. equip.
maintain and operate bridges or tun-
nels across the Mississippi River at or
near New Orleans, ETC."
And that each elector shall indicate
on the ballot cast by him, as provided
by the general election laws of the
State. whether he votes for or against
the proposed Amendment.
HEWITT BOUANCHAUD,
Speaker OF the House Of Representa-
FERNAND MOUTON,
Lieutenant Governor and President Of
the Senate.
Approved: June 80, 1916.
r. G. PLEASANT,
Governor of the State Of Louisiana.
A true copy:
James J. BAILEY, - es.+
Secretary Of State
St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-09-23
Act No. "a

House Bill No. 1913. BY MI. Powell,
Chairman. Committee on the Judi
ciary, Section "A" Substitute for
House Bill No. 3.
JOINT RESOLUTION
Proposing an amendment to Article
las of the State Constitution rela-
tive to the District Attorney for the
Parish of Orleans. his election, quail
fication, term of Office. compensa-
ton, assistants and Office force.
Section 1. BE it resolved BY the
General Assembly of the State of Lou
isiana, two-thirds of the members
elected by each house cOncurring, That
Article lis CT the Constitution of the
State OF Louisiana be so amended as
to read s.s 4oiows:
Article 14S. There shall be a Dis.
frict Attorney for the Parish Of Or
leans, who snail he elected by tho
voters of the said Parish for the term
Of four years, and who shall receive an
annual salary Of ten thousand dollars.
forty-six hundred dollars Of which
and the balance Of fifty-four hundred
dollars shall be paid by the City Of
New Orleans. in equal monthly In
stallments: he shall receive NO other
compensation. He shaft be a licensed
ties as are now prescribed by law. or
may hereafter be prescribed by the
General Assembly, and shall take no
outside practice. He may appoint and
remove at his discretion such assist
ants. who shall be licensed attorneys.
and such clerks. stenographers and
special officers as may be provided by
the Commission Council of the City of
New Orleans. and at such salaries and
terms of payment as the said Commits
sion Council may ordain.
Section 2. Be it further resolved.
ETC.. That this proposed amendment
shall be submitted to the qualified
lection, at the Congressional election
to be held in November. 1916; and II
adopted. the same shall take effect on
the first Monday in December. 1916.
Section 3. Be, 1t further resolved.
ETC.. That the voting either for or
against this resolution by any member
of the General Assembly shall not pre-
vent him from being candidate for
the said office.
Section 4. Be 1t further resolved.
etc. That on the official ballots to be
issued at said election there shall be
placed For the proposed amendment
to Article 14S of the Constitution of
proposed amendment to Article 143 Of
the Constitution of Louisiana" and
each elector shall indicate, as provided
In the general election laws OF the
State. which of the proposed For" or
Against he votes.
HEWITT BoUANcHAUD.
Speaker of the House of Representa-
FERNAND MOUTON.
Lieutenant Governor and President Of
the Senate.
Approved: July s. 1915.
r. G. PLEASANT. s
Governor of the State Of Louisiana