davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
HIGHER DISCOUNT
RATES IN LONDON
Investment Issues Quieter and
Sag in Absence of Support
Americans Steady.

London. June 16.-The stock market
was somewhat affected by the higher
discount rates to-day and business
in gilt edged securities was quieter-
A good deal of money was utilized in
Lombard Street instead of in invest
ment stocks, and the latter developed
an easier tendency in the absence of
support. Marconi, rubber and oil
shares and home rails were good feat
ures, but coppers weakened with the
metal Consols closed Is lower at
6O7s; the new war loan d lower at
eos.
American securities we're quiet and
steady, without feature.
The Bank of England shipped 81
600 in sovereigns 10 America and re-
leased 100000 for Egypt.
The money market stiffened consid-
erably to-day, three months bill rising
10 SIS per cent and Treasury bills
TO 5 per cent, i'm order TO assist eX-
change, protect the gold reserves and
keep American balances here instead
of being transferred TO America.
Money loaned at 4 per cent. Discount
rates for short bills were per cent,
for three months. SIS.
Gold premium at Lisbon was $500
Paris. June 16.-Trading was quiet
on the Bourse to-day. Three per cent
lentes closed unchanged at 81 francs
% centimes ex-coupOn. The per cent
war loan 10 centimes higher at So
francs 60 confines Exchange on Lon
don, p francs IS centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17

y. ". Corner Broad and Arch streets
Philadelphia. June H. 1918
The Directors have this day declared 4
quarterly dividend Of Two per cent fi1)
per snare). payable July IS, 1915. 70 stock
holders OF record ~ the close q business
June 80, 1915. Checks will be mailed
l. ". MORRIS. Treasurer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17

Daily imports and exports of gen
eral merchandise at the Port of New
Nork tvera.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
INACTIVE YESTERDAY
INDUSTRTALS.

Bid Ask BID Ask
Ajax r Inc ssiz esi. X. ~ VI 20 %
A G. $50 I'D Is ~ 'lvnn Phono i1i1 lii5
B-A Tob or. l6is lli. Maxim Nun 81. ~
30 or bear. II Is 'Perlman Il 49, 40
I'D & ] c. ~ ~
OILS
&C p "a p 81 50 Empire Pet. 81 ~.
MINING
Oat 3 jim. IL - 'tsilver Pick. 10 n
.tOro ....... zion Belmont a.. 81
BONDS
Con Arir s = -
'lnls.ed fssls cent? per shAsa
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
DIVIDEND NOTICES.
THE BANK FOR SAVINGS
~ THE CITY OF NEW YORK.
$50 Fourth Avenue June itfh. 1915.
10Th ~FMI-ANNTAI DIVIDEND.

20 FOuTfn ANe0Ue- IunN ItfFl IfIF,
I9fth SEMI-ANNUAL DIVIDEND.
The Board OF Trustees has declared a.
interest dividend for the Six Months ending
June Goth. 1915. AZ the rafe of THREE
AND ONE-HALF PER CENT. per snnum
on an sums Of $500 and upward entitled
thereto and payaa.e on and after July
goth. 1916. The dividend Will be credited
10 depositors as principal July isi. 1915
Deposits made on or before July 10th. 1915
viii draw interest from July ist. 1915
WALTER TRIMBLE. President.
LEWIS b. GANTRY. Secretary
JAMES KNOWLES. Comptroller
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
II. s. Treasury Finances.

waHrean. June ie-rae condition o. TIE
united si4.es Ieays to-dG.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17

'Coupon. l1'er-hanselbls. tCogpons or rssIsisi
- 49, I->-.s..A
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
Foreign Government Issues.
NEW YORK CITY BONDS.

scaled for July 1. 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-17
BONDS.

,nooo .chos E o S.. s5@ as six ejS
100 sMidyale 81 5s. e6'. e63 e6'. s5t
unlisted fseu cents pr share
The Bridgeport evening farmer., 1916-08-28

is proven by the fact that since my plan was first submitted to the War Department, two foreign governments have extensively adopted the essential features of this invention; namely, the combination of heavy guns nred from a railroad car fastened to a concrete base.
 Up to the present time, have act ed upon your suggestion and not nego- tiated with the three foreign govern ments whose officers made inquiries about our plans. Our United States patent applications has been acted up- on favorably by the patent office and in order to protect our foreign rights, we must now apply for foreign patents under the International convention.
 If the War Department desires to acquire the United States rights to this invention, either before or after the development of a single unit, we will grant license on a ten per cent. roy- a1ty basis. or sell partial or entire interest therein.
 Respectfully submitted.
 (Signed) L. w. LUELLEN. 52 Broadway,
 New, York City.
The Bridgeport evening farmer., 1916-08-28
WAR INCREASES
 THE SALES OF
 ANCIENT RELICS
Americans Are Gathering Millions Worth of Trea-
 f sures in Europe.
STRIPPING THE
 MANOR HOUSES
Many of the Landed Gentry of Europe Forced
 To Sell.

London, Aug. 23.-Fhe effect of the war upon the landed gentry of Flu rope and upon those who have &C., quired wealth because of the war IS peculiarly emphasized in the growing market for antique furniture and are objects within the last few months.
 In Londen,7 nearly every other day, So says Frank Partridge, who is re- garded here and in America as pre-eminent authority, there occur auction sales that reflect an abnor- nal demand in America, as well as in the European countries, for antiques
 While, during the first twelve months of the war the market for an- tique treasures sagged to nearly neth- ing. it has picked up to such an amaz- ing extent, according to MT. Partridge, that within the last four months more than $10.000,0o0 worth of furniture and objects dart have been bought by eager connoisseurs in Europe and
The Bridgeport evening farmer., 1916-08-28

America. Of the aggregate sales of antiques, America has absorbed SO per cent. in. other words, America has put $6,000,O00 in the hands of London's antique dealers since last April. And the demand is growing every week.
 Although prices dropped sadly just after the war, until the antique deal- CTS preferred to keep their stocks in- tact rather than let things go without profit, they have picked up within the last six months, until now they are, in war began. And as the demand keeps on, the prices keep going up.
 Every week, yes, I might say ev- cry day, big auction sales of antique furniture and objects dart are going on in London and high prices are pre- vailing." said MT. Partridge.
 When the war came, most Ameri- cans who wanted to buy felt they would hold off until the dealers would feel obliged to sell for next to noth- ing. It was a natural impulse and one shared by many buyers through out Europe.
 "On account of this tendency, at the beginning of the war there were a few bargains to be picked up, of which the Englishmen took advan- tage. The Englishman has always been a buyer of antiques, and he saw his opportunity when the market was glutted with rich treasures. It must be borne in mind that. although America buys 60 per cent. of the an- tique furniture over here and an equal percentage of other objects of art, still the Englishman himself is al- ways in the market.
 with the war there came an en- tirely new class of people looking for antiques; they were those who had acquired sudden riches through sup plying Great Britain and her allies with things needed in running the war, They are the ones who have been supplying ammunition. clothes. everything, in fact, to the beiligerents. In Germany as well as in England. France, Holland, and the United States, fortunes have sprung up as a result of the war,
 "Now, it's just this class of peo- pie who have been the big buyers. Naturally we don't get any of the Ger IIlaH uSuidhu 1ACiO, duu AtlACs CVlu- paratively, goes to France right now, although France is buying, while waiting until the end of the. war for its antiques to be shipped on.
 "While America waited in the ear- Her months of the war for prices to drop. it found. because Engiishmen and others in Europe were dipping into the market, that it would have to buy, itself, if it. hoped to get any of the rich treasures the market af- forded. So America has now plunged inte the market, and every steamer carries over immense shipments of antiques.
 "So far as the likelihood of a slump goes, it may be said it doesn't exist at all. The whole question hangs upon supply and demand. Where does the supply come from? Europe. And from what class? The aristoc- racy. In the general slump that seized Europe for the ten years be-
The Bridgeport evening farmer., 1916-08-28

lore the war, the aristocracy let go or much of its store of antioues. The market became filled with it.
 The war has not hit, thus far. any but the landed sentry of Europe. and it is their stun that is going into the auction rooms; although it must be said that large part of what is now being sold on the market reached there in the time just before the war.
 "Yes. the war has hit the landed gentry and people with fixed incomes who have no working business. Therefore. the supply must come from this source more and more as the months go on. But right here I want to say that the tenacity of the Eng. lishman in holding on to his treasures as long as he can, although at a de- privation, is amazingly manifest. His disposition to wait and not becona panicky. keeping what he has until actually forced to part with it, is one vital factor in the spirit of the Eng fish in this war. It is that element that will count, as much as anything else, in enabling the Government to push the war through to conciu- sive end.
 "One auction room in London is now selling $5.ooo.oo0 worth of am tique furniture a week, of which 50 per cent is going to America. This house sells half the antique ware in London. Six months ago it hardly had a sale worth the telling, excepting to Englishmen.
 "The sales now consummated every week-evefy day. one might say-1n antique furniture that goes to Amerf- ca. embraces Chippendale. Queen Anne and all Gregorian furniture and early English styles. America is get ting the pick of the market now and ia ia king adva nta9a af If
The Bridgeport evening farmer., 1916-08-28
Two Short Termers
 Hop Jail Fence and
 Make Clean Getaway

Hopping fence at the quarry yard at the county jail on North avenue early this morning two inmates of the jail disappeared in Beachs woods. They had .only a few days more to serve.
 William Dineen of Water street and Edward Roland of 1S7 Gilbert street were the pair who escaped. Dineen was fined $10 and costs for drunk enness on August 2a. He was sent to jail to work out tho fine which totaled s16.47, This was his sixth sentence as he has been up before under the names of William Kiley and William Mclaughlin, His right name is Riley.
 Roland was sent to jail last Wed- nesday to serve out a fine of $7 and costs and sentence of 15 days. He was found guilty of the theft of fur niture from a family. whom he had been engaged to move. He has also been in jail on number of previous occasions.
The Bridgeport evening farmer., 1916-08-28

snarsely populated areas which would serve as landing places for the enemy ar as possible bases for the nostAe feet.
 "ThA cost of protecting these har- bors with permanent defenses or the types used in the harbors of our more important seacoast cities is such as would be prohibitive. Some means must be devised for rendering these harbcrs teneble to the enemy heet.. Heavy portable guns of any kind so mounted as to be quickly installed would be of the greatest value in pre- venting the use of these harbors. They would also be of great value in pre- venting landings. Any system per- mitting the rapid concentration of heavy guns at threatened point world be a most valuable addition to our seacoaN defenses,
 "The plan of having fixed firing points for the emplacement of guns at suitable points is one which can be worked out successfully and one which would be of great value. In the first place the cost is relatively little in. comparison with coast defenses of the standard type. It thereby permits the emplacement of guns at a large number of points. The guns would be valuable not only for seacoast work, but also for land operations. Except for the very large >calibres 1t is believed that a railroad car can be devised from which mid-calibre high power guns can be fired. Taken as a whole I believe the project for build ing up heavy mobile artillery which may be used either for coast or land ldefenses is an admirable one and one that deserves serious consideration"
 Brig.-Gen. Weaver, Chief of Coast Artillery, in his annual report, 1915, asid: "It was on these considera- tions that the Chief of Coast Artillery recommended that our present system of guns mounted in fixed positions should be modified by providing a new type of armament that would involve the use of howitzers of the largest practicable shell capacity, one type to be mounted on railroad trucks so de- signed as to permit the howitzers to be fired tf1erefrom and the other of the maximum size practicable for wagon road transportation"
 Maj. Gen. O'Ryan, commander New York National Guard, /in a letter to me regarding. this equipment, says: "It seems to me that the principle in- volyed has unquestioned merit, and that it's adoption at relatively small cost will add materially to the value of our coast defenses."
 Col. I. N. Lewis, U. s: A., retired, formerly recorder, Board of Ordance and Fertilization. artillery officer and inventor of the automatic machine gun which is doing such effective work for the Allies in the present European war, says: ''The system of railway carriage mounts for high-angle fire from large calibre guns, howitzers and mortars, as proposed by l.. w. Luellen, is, believe, fundamentally sound in principle, practically effective in ope- ration and extremely simple and eco- rionical to install and maintain. If properly developed it will add greatly to the defensive value of our present
The Bridgeport evening farmer., 1916-08-28

or submarines: and to quickly and se- curely fasten these cars to, suitable bases located along the railroad lines for directing rapid and accurate fire against those ships or moving tar gets.
 Advantages of Plan.
 According to Brig. Gen. Viewers recent testimony before Congress sional committee, a large gun se- 'curely fastened to concrete basemay be fired eight times more Accurately than if 1t is mounted on a battleshfp. And if 1t is mounted on railroad car secured to concrete base, it ocers the enemy a target 1-40th the size of a battleship. Thus the advantage of a. mobile artillery gun of this type is 520 times that of the same gun mount ed on an opposing battleship, while the cost of battleship and the num- Der of men required to man 1t are far in excess of that required for the same gun power of this mobile artil- lery. The gun of a fixed fortification and it's entire necessary equipment can only be used in one area (namely the range of that gum while a gun mounted. on a railroad car and its en- tire equipment may be used in many areas on railroads along our coast and in the interior.
 Application.
 Populated districts in this country fortunately have many railroads that can be used to great advantage for national defense under this plan of railway artillery, Our entire coast lines and larger cities may be pro- tected, as shown in my plan of coast line from Maine to Delaware. and the natural lines of interior defense would extend along our railroads, so that the inland cities and states could be pro- tected by the use of this equipment Railroad Companies Will Cooperate.
 have letters from presidents or other high off1ciais of the following railroad companies stating that they are willing to cooperate with the gov ernment in this matter: N, Y., N. H.. & H. Railroadj Long Island R. R. Go. ; Pennsylvania R, R. Co.,; Atlantic Coast Line Railroadi Seaboard Air Line Railway Co.i Norfolk & Western Railway Co.j Florida East Coast Rail- way Co.,. War Department officials Want Rail-
 road Artillery Developed,
 Maj. Hugh L, Scott, Chief of Staff, in his annual report, 1915, says: Mobile guns of at least 12-inch cali bre, mounted on railway carriages or dragged by suitable motors, are espec- iai1y needed for transportation up and down our coast lines to protest our undefended harbors and prevent hos tile ships from putting landing parties ashore anywhere on our coast outside of the range of the guns on our coast defense forts and assist the mobile army in defending the rear of these forts."
 Maj.-Gen. Leonard Wood says in a communication regarding this pro- posal:
 .'The present European war has demonstrated without question the great importance of heavy mobile ar tillery in land operations, and guns of large calibre have been moved freely and operated in most of the theatres of war. If we are ever engaged, with a first-class power we shall require guns of this type. As another ques- ton of equal. importance, we have great many excellent harbors in
The Bridgeport evening farmer., 1916-08-28
inadequate coast defenses in supplying the much needed element of mobility"
 Ordnance Expert Opinions.

the much neeQe0 element OI iIlo6iiiSy.
 Ordnance Expert Opinions.
 Capt. c. B. Kilbourne of general staff, Coast Artillery Corps says: 'This railroad artillery plan will work and that it is the only plan have seen which combines transporting major calibre armament on railroad cars, firing the same from platform ensur- ing rapid and accurate fire. and guar anteeing the entrance into action and withdrawal therefrom in period of time short enough to meet the require ments for defense against sudden attack upon the undefended portions of our coast line" He has worked out also an inexpensive system or range finding for 1t, which is simple adaptation of the methods used by our coast arti1lerymen to-day.
 Major w. J. Hawkins. recently of the Ordnance Department. said: Your invention is practical and especially valuable to this Government because of it's fexibility and no additional tests are necessary to prove its practicaoii- ity other than those that have been well established in our Ordnance De- partment." He also said that if he were mapping plan for the defense of our country, in view of the experi- ence in the European War. he would want our invention as the principal means of defense.
 Major c. w. Smith, Inspector Gen. eral, Reserve New York Coast Artil- lery, said. '"This invention will revo- lutionize warfare. It is not only prac- tical and feasible but strategically is much moro effective for the amount of armament. less expensive for installa-' tion. and the same equipment of guns could be used by a smaller force of men than at present, and could be used on the Coast, also on borders and interior"
 James O. Boyd, member of the American Society of Civil Engineers, vice-president and executive head of the Westinghouse Church, Kerr and Company writesi
 "I am satisfied that if the weights and dimensions of the gun and its car riage can be kept within the limits given by the army ordnance experts that your plan is entirely practicable and feasible so far as the railroad car and concrete replacement is concern ed:
 ''I believe it is quite feasible to con- struct railroad car equipment to meet your conditions and to operate such cars over railroads within their normal clearance limits and equipped with modern weight rails and bridges"
 Heavy mobile artillery has proven its value in the European war: But only recently have they been mounting the largest guns on railroad cars, and quickly securing them to concrete bases for firing rapidly and accurately. The AZ centimeter gun which was mov- ed in sections by motor trucks, set up and used against Antwerp, is now used on railroad cars and fired from con- crete bases.
 The type of heavy mobile artillery presented in this proposal is the most efficient and effective known. due to the fixed emplacement provided. This
The Bridgeport evening farmer., 1916-08-28

The small arms plant of the Rock Island arsenal. with . capacity ot $50 rifles a day. Is to be rsopened. after. being closed two yearA
The Bridgeport evening farmer., 1916-08-28
Description of Plan.

' Sur proposed plan of mobile arr f4illery. for use on railroads consists of mouptipg guns and mortars on rail- foad cars 70 they can be swiftly trans ipartpA and cpneentrated to meet an
 BA{le tR sttlsshtPs sransgorts
The Birmingham age-herald., 1916-10-22

4 GOOD, sturdy quality A Longcloth, full 36 inches wide, 10-yard bolts of the same quality selling in most stores at s1.50, special here tomorrow, bolt
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-03-17
MAN IN AUTOMOBILE
RDNsDDNH CYCuST'
Oliver P. Soares Is Badly Bruised
vi. When Run Down d.

Shortly, after noon yesterday Oliver
p, soares, while riding a motorcycle
IN Hotci street, near tn? University
Club, WIS knocked down by an auto
mobile driven by Albert Machsdo, and
sustained severe lruiseS on the face
and legs. - ..s.
y Sosres WAS riding toward town and
when near HoteI and Punchbowl, street.
Machado's ear came from behind q
Waikitd'bound street car on the left
hand side of the street. r. -'.'-
The motoTeyrlist attempted to steer
into the curb to avoid collision, but
was too late, the automobile striking
him as he peared the edge of the side
walk. .y ..-',.f.
Soar"s was thrown from his motorcycle
md was picked up and taken to the
Queens hospital, whence he was re,
moved to his home.
Macbado was arrested and charged
with violating the traffic ordinance
He will appear in the police court this
morning.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-03-17
WOMAN +.
ANSWERS LAST CALL
~ stFt .
Mrs. Jane Sinclair Gay Lived In
Kauai Forty Years

Mrs. Jane Sinclair Gay, widow OF
the late Thomas Gay aud mother Of
Francis Gay, former supervisor OF
Kauai and partner in the firm oil
Gay l. Robinson, died ON + idaY of last
week al her residence In Makaweli
The fuheral was hrld last Saturday
Brief mention OF NJ 8 Gay 5 death ha.
already been given in The Advertiser
or the deceased, who was one Of the
best known women in the Territory
the GARDEN Island Of last TuDsdas
says: -.
Mrs. Jane Siucl1ir Gay was born
IN Scotland eight, 8, ven years ago. She
left Scotland with her parents wheT
very Young for New Zealand, where
she res ded for many years There sht
met and married Capt Thomas Gay
Some wears later she removed with he
family, to the Hawaiian Islands" rs
Mrs. Gay was senior partner IL
the firm of Gay i Robinson OF Ma
kaweh, AT which place she had made
her home for howard Of forty Yeas
''hhe was highly respected and be
loved for her integrity and stannet
Christian character ''.~e. 10 -
Deceased lett five children; MS fol
lows George Gay Of Coronado, Cali
fUrnia; Francis Gay Of Makaweli
Charles Gay Of Lanai, Mrs Mendel
Welrker Of Berkeley, California, and
Mrs. Aubrey robinson of Makaweli
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-03-17
HARBOR
= .~ ITEM may Be RIDER
Money For Quarters For Troops
Here May Not Come

Secretary George Mex. Mcclellan
has notified the chamber of commerce
that the insertion Of the NawiIiwili
harbort Improvement item In the rivers
and harbors bill before congress may be
accomplished but not rortainly. r. 'e ,
The continuous hearings of the CON
mittee on the naval bin is taxing Sc
long that there was no definite date
to'be determined at the time of writ.
ing for a bearing on the NawiliwiIi
matter. 5'if ~" .'"i~'T7
He also notified the body that the
appropriation for 100000 for tho
buildings to house the troops expecte ed
- come here during the next year had
not been put in the army bill as that
bill was not yet framed bnt that he
would use every endeavor to have the
item of 5000, 600 inserted in the bill
when it was under discussion, ~