davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
JAPAN'S SHIP OWNERS
REAP GREAT PROFITS
U. 8. Consult General Reports
Prosperity-May Continue
Long After War.

George II. Scidmore, United States
Consul-General at Yokohama, indicates
In a recent report that Japanese ship
ping industry is growing steadily and
that increased profits have been re-
ported generally. Mr.. Scidmore, In his
report. says:
AT a general meeting Of the Togo
Kisen kaisha. held March 81, 1915, a
very encouraging report was presented
by the president Of the Ac-
cording to this report. freight receipts
during the first three months OF the
year amounted to $3.50 64. giving
promise that by the close OF the half
year term the figures may be brought up
to $3.2s9,6O2. m increase by S1.OI3.-
949 over the half yearly term ended
December 81. 1915. In the net profit
there will he a gain Of considerably
more than $39s.s0O. an approximate fig
ure worked u on the basis Of the
present freight rates.
THE report predicts that. even " the
war should come to a finish this year.
freight rates will still remain high, and
that for at least two n one.half years
more the present standard OF earnings
Will be maintained.
The Japan Times states that II Ia
reported that a contract a been signed
between the Toyo Eisen Kaisha and the
Craga Dockyard Comany for the con-
struction OF two big ships Of II 900 tons
each. designed for both passenger traf-
fc and freight.
1.-THE Department Of Communications
Il quoted as stating that the following
Is the number Of steamships on Febru-
airy 20, 1915:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
PRICE OF BEEF SCARS;
NO RELIEF IN SIGHT
Butchers Blame Packers and
Say Many May BE Forced
Out Of Business.

The average weekly price Of live cat
tie in Chicago last week, according to
figures compiled by the National Pro-
riSioncr, was 1905 per 100 pounds. as
compared with So for the corresponding
week five years ago. This means that
the packer was able TO get only two cat
tie for the same amount for which he
bought three In 1911.
Although the retail prices are at purse
breaking figures now. experts who say
they have been higher, can not see any
relief in sight for the next few months
at least. AS long as the world demand
exists. they say, they do not see how
the producer Is going to take any less
than he Is now getting.
In the meantime the housewife places
the blame for high prices on her butcher,
the butcher blamee the wholesaler. and
the packer blames conditions on the
cattle raiser.
Packers statistics show that they
make from SEES TO $3.50 on every beef
and from 40 TO Al cents on every hog
that they handle. With increased cost
of labor. the high price Of paper and
generally high prices for everything that
enters into operation expenses, they CON
tend that the present prices which They
exact from the retailer are not exorbitant.
II Is understood that the packer, who
IL IN reality tho salesman for the pro-
Queer. figures that a dressed beef weighs
90 per cent. as much as the entire car
cass. lie looks to the disposition Of the
remainder-hidea. hoofs and other by
products-for the greater part OF his
profits. Thus II the demand for hides
Is great and corresponding high prices
result. the packer Is happy. /; Is said
that there have been times In the las:
few months when the packer considered
hides and his other by-products as the
real thing. and considered the actual
meat In the light OF by-products, az far
rs profits were concerned. The entire
question with the packer. the latter
claims. In one OF operating efficiency.
on the other hand. the butcher. who
Is obliged to pay 10 cents "A pound for
"A dressed beef with all the bones. fat
and inferior cuts that go with Il. has 20
do some mighty fine figuring. he ays,
to get a decent profit out OF II, notwith-
standing the high prices that he charges
his customers for steaks, rib roasts and
other fancy cuts. Many Of them ar,
complaining bitterly about the high
wholesale prices. and some go SO far as
10 Insist that unless something is done
TO lower prices soon many butchers will
he obliged TO go out OF business.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
EXCHANGE HALTS LURID ADS.
Members Must Discard Extravasant
Claims In Circulars

The so-called police committee" Of
the Stock Exchange has recently been
looking Into the Advertising Of several
houses with Stock Exchange member
ships and has found fault particularly
with the use o: catch phrases. The
committee has had several firm mem
beers before II and has caused the
tempering OF some advertisements re-
Gently put out
Exception was taken recently 10 a cir
cular issued by one house which carried
the words 'Own an Interest in a rail-
road" This advertisement advocated
the purchase of a certain railroads se-
tuItti"s and gave the firms reasons TOR
the advice.N
Several houses which have been told
rtccntly that their advertising was too
advanced In character struck upon the
plan of submitting their circulars to the
police Committee for censorship. In
some cases II is said that the Circulars
were returned with almost everything
d.leted except the name and address OF
the house issuing them.
The firms which AVE received the
majority OF the committees attention
Ir" said 70 he bone houses which have
stock Exchange memberships. These
houses, II II understood. feel thai they
ar" greatly handicapped by the OK
changes explicit rules when bond houses
which do not have exchange member.
ships can distribute advertising matter
"hch is generally classified as live"
An amendment to the constitution Of
the Stock Exchange, dated April %,
1915, says:
1T is the opinion Of the governing
committee that under the resolution II
February Q, 1898. no member or his firm
IS permitted to use catch phrases or
TO depart In any way from direct and
simple methods Of advertis ng."
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
CTTY'S DEATH RATE LOWER.
saving of 90 Lives as Compared
with same Week Of 1918.

Somewhere in this city. said Health
Commissioner Haven Emerson yesterday,
there are siNty-two lucky persons. Al
though the Commissioned did not say
who the lucky siXty-two were, he pointed
out in a bulletin that that number Of New
Workers had been saved from an un-
timely death last week through the
Health Departments campaign for a
lower mortality.
The death rate OF the city for the
past week was reduced IS lower than
II was In the corresponding week OF
last year says tho bulletin. This j.
equivalent TO a saving OF siNty-two lives.
In other words, had the same death
ate prevailed, siNty-two more persons
would have died.
Figures compiled by Or. Charles Boil
duan. director OF the Health Depart
ment's bureau Of Public Health Edu-
cation. show that more than two-th!rds
o: this saving 81 !.:c was among cwc!
iers IN The most noticeable
decrease was In the mortality from can
ser. heart disease. pneumonia aud .uHg-
c'za. In all l.iG2 deaths were reported
last week. a death ate OF 1856 per
thousand of population. The death rat
for the first tweuty-one weeks OF 1915
: 1875, as compared with l5i? for
the corresponding period OF last year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24

The principal features Of h Greek
plan are:
/. The division Of the home exchanges
from the foreign exchanges, the inter-
mediaries OF the former being notes anil
OF the latter bills OF exchange against
products. checks and the various form :
OF liquid wealth. including coined gold.
.. The provision OF a fund OF gold or
liquid wealth OF about fye millions
sterling to meet any adverse balance of
trtdc.
2. Fixing the exchange by law ~, or
moving about, par.
These provisions. the report points ou'.
have furnished a remedy for the
psychological element - feat and hope,
which II believes to y" OF ffst impor-
tance in exchange dealings.
The institution by iaw ~ the si'ua-
ton here advocated concludes the re-
port. would give confidence that our
exchange would be maintained on an alb
solutcly sound basis, that the rates of in
tercSt would be steadiod, that our pos
ton as the financial centre OF the world
would be secured 20 us for all time. and
that n work Of far reaching humanity
satisfying the collective aspirations Of
the nations for union and progress would
he Consummltcd."
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
FIREMAN SERIOUSLY INJURED.
subway Crowd Sees Driver Thrown
to street a. wheels skid.

In answering an alarm Of fire late
yesterday afternoon the tender OF En-
CINE No. 40, from the West Sixty-eighth
street station, ekidded as It struck the
street railway switch at broadway and
Amsterdam avenue and tilted half way
over. The driver. James McSherry, 81.
of IS West 10sth street, was tossed into
the air. Fireman Thomas Barry. who
was on the ~sideboard. tried to grasp
him, but just grazed his o. and Nc
Sherry fell unconscious on tho pave
ment The horses ran alone until
Thomas Mitchell. who had been ringing
the bell. could spring upon the seat and
grasp the lines.
The accident was witnessed by a
crowd In front OF the Seventy-second
street subway station. patrolman Jo-
seph Mckenna left the corner, where he
had halted a large number OF motor
cars, including a sightseeing utomo-
bile, and ran to McSherry. Then he
~commandeered a private auto and hur-
rled him to Roosevelt Hospital. where
his injuries were said to he serious.
There were decorations on the back Of
the head and Commissions of the body
and both Sims.
The fire. which was IN the three story
home OF Charles Whitney Carpenter,
526 West End avenue, did practically
no damage.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
ALDERMEN IN RIVERSIDE FIGHT
Three Oppose agreement for
Change Of Central TrncLs.

The BOARD ~ Aldermen got Into The
West SIDE situation yesterday. Alder
men Quinn. Williams and shields.
whose districts are near Riverside Park.
introduced a resolution corlcmuing the
proposed plan Of Improvement as out
lined in the agreement with the New
York Central Railroad and declaring
that 1T has been asctrtl.ucl that these
plans, II approved hy the Hoard ~ Is
innate and carried out 10y the %cw York
Central Railroad, Will absolutely de-
stroy the park features Of Riverside
Park" The resolution was referred TO
the Committee ON Rules.
y resolution introduced by Alderman
Staple'ou was u~'ariYoIsIv H1pp'"l
providing that Par, CnWmi~s oucr War5
he requested TO place the Horace Greeley
statute. now IN front OF the Tribune
Building, In CITY Hall Park, fronting
Printing House Square.
a public hearing will be held on Tune
I on the ordinance requiring the Eth
Avenue Coach Company to stop their
buses on the near side Of street cross
.ngs. Police Commissioner Woods. az
whose request the ordinance was intro
duced. says stopping OF the far side
creates traffic confusion.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24

SUES STOCKHOLDERS FOR DEBT.
Supt. Richards Wants ia to Pay
Lafayette Trust Claims,

August c. Scharmann n ia other
stockholders Of the defunct Lafayette
Trust Company Of Brooklyn Will have
TO mak good the $500 900 which that
institution owes over and above its as
sets. IL a suit brought by State Superin-
tendent of Banking Richards Is success
full. The action is based on a section
OF the banking law which makes stock
holders Liable for the debts OF a corpora
ton. II will be argued before Supreme
Court Justice Benedict on Tune IL.
Mr.. Richards assessed the stockhold-
ers $500. 600 on March 81, 1910. AT the
rate OF 500 on each share. and several
assessments were paid. The present ac-
ton IL to determine whether his figures
were too high and TO compel the remain
ing stockholders to pay. The latter
include Arthur J. O'kcefe, former
Bridge Commissioner, 10 shares Her
man b. Scharmaan. 400 Herman +
Scharmann, 290 Charles +. Feltman,
100, and August Scharmann, 500. The
estate OF T.. CASTOR Higginbotham. a
former Police Magistrate. Is charged
with so shares.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24

Consolidated Exchange.

Front akInr on the Consolidated Stock
Exchange yesterday caused irregulArity In
the early dealings, with the general drift
downward toward tho close. There wer,
some exceptions, notably in this cases OF tho
motor stocks and the issues with Mexican
interests. Reading. the most prominent
stock In the market recently, opened with
a further gain, Its first price being ll0&,
which was a point above It's closing quota
tIou on Monday. After touching ll0a n,
however, reacted sharply. getting down 10
lO7ss, but II closed at 1857, with sales
Of about $500 shares.
Among the motor stocks Studcbakcr was
the most prominent. II opened At 1884,
and closed at 1897, Its highest. Mexican
Petroleum opened at 1854. unchanged from
It's closing on Monday. early dipped to
lO7% and then rose to ll0&, closing at
ll0ia.
American Smelling and Refining opened
at s9%. which was u OF . point above
It's Anal price on Monday. 1t sold at 9si.
and then advanced to l0?S. but It closed
at 1914.
Int~rnationa Mercantile Marine preferred.
hat stock opened down " OF a point at
a0h and later on sold as low as SIS. hut
It closed at s9r. Union Pacific was tho
most prominent railroad issue next to
Reading. II opened at l4?,s, the same as
it's closing price on Monday. rose to IA3is.
but then declined TO I'm. closing at
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
THE COFFEE MARKET.
Heavy Trading-sales 10000
DaGs-Prices Close Lower.

Trading IN the coffee market was very
active yesterday, the volume Of business
being the Iarscs, for any one day for many
weeds. The total was ls 900 bags. The
activity was at the expense Of prices. how.
ever. and az the close OF the day values were
Q TO T. points net lower, Loading longs sold
heavily ar! wore apparently disposed 90
,.au,date. while the demand was principally
in the form OF covering by local and foreign
shorts.
There VAS no special news to account for
the selling movement, but apparently longs
were not, satisfied with the action of the
market during the last day or two, and.
moreover. a good many local operators had
believed that the hull movement. was III
timed owing TO the near approach OF the rev
crop. There was very little coffee offered
from Brazil and prices were still above a
working basis, while new crop offers were
almost, Invariably ( o h Brazil, showing that
shippers we're very uncertain regarding IN"
probable action OF the tonnage market when
The new crop begins TO move. The local spnt
market was inactive and unchanged, with
Rio - quoted At $40 and Santos r. ~ l"f,c.
Tho Official Brazilian cables reported an
advance OF 7-3-l in Rio exchange on London,
while milreis prices IN both Rio and Santos
were unchanged. Receipts at the two ports
we're iI.nS bass, against 1900 last year
Prices follow.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
Thinks E1pedient Futile.

FINALLY we had to continue 10 have
expedient IN operation, the mo-
bilization In the hands Of the Govern
ment OF certain American and Canadian
securities Of various kinds owned by the
general public. For many reasons the
idea OF this xpedient being a permanent
remedy is a futile one. The most i'm
portant factors against II are: !. that
we cannot create such securities 2. that
there is "A limit to those In our possess
sion 3. hat there is IN unwillingness
on the part Of large holders to sacrifice
future prospects of considerable i'm
provement In value I. that the Ameri-
can market would be a distinct loss to
the community IN general n to the
Stock Exchange in particular 8. that
there wouH be n danger OF dislocat!ng
the markets in New York by foreign
liquidation.
"a great necessity IL growing IN IN
connection with this exchange movement,
which II not now must shortly compel a
hearing. and II Is desirable 20 furnish
for general consideration In England as
well as IN America a few facts which
bear on this question and the conclusions
that may be derived from the same"
As a remedy for these conditions tho
report calls attention TO tho financial
system which has been In force In Greece
since 1910 and under which Greece has
passed through the period Of three wars
with It's exchange almost mistaken. Par
ticular emphasis is laid on the fact that
Greece and Switzerland are the only
two commercial countries Of any m
portance IN which exchange conditions
have not, undergone IN upheaval In the
present war.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
WANT BANKER MANDEL FREED.
Depositors Ask whitman 20 Release
Him From Sing sing.

ALBANY, May 2s.-Gov. whitman to-
day gave a hearing to representatives OF
depositors of the failed private bank OF
Adolph Mandel. New York. who are urg-
ing that Mandel be released from Sing
Sing prison. where he is serving n sem
tence of from two and one-half to i've
years for receiving deposits after be-
coming insolvent. Mandel. it was testi-
fed. appropriated to his use $780,
900.
A depositors' committee was headed
by David Rosenbluth and the argument
was made by A. $. Gilbert, their attor-
ney. lie said the depositors are united
in the desire that Mandcrs sentence be
committed, believing he would be OF more
aid to them outside of prison. II was
urged besides that Mandel Is In poor
health. Milton NJ. Sittentield, law part
ner OF Samuel koenig. also represented
the depositors.
The Governor also gave a hearing on
an application for Communication of the
sentence of Joseph Ferronne. convicted
of numbering his wife and sentenced to
serve a life term twelve years age.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
PUBLIC UTILITIES.

rTnc w,,.,r,'n Minr.so,'- !,so' AL
hi al Seins ga n. % ,i4a 80, ara N,7ao : 70
-n"o,,y.iy, I rio ,i;piu,r 6 fsT mi mi, n9y'"s +,
subsidiary OF the American Public vt'l'ties
company.
Tho San .n,.so "a. ana Electric Com
pany. a Subsidiary OF tn. STANDARD Gas
l3it eros. e!rnings OF il,5bo.i5o. WITH net
income Of s5n+ ssa, n: s,rplu. for ne
on January l.. 1916. OF slot.iE after
charges as compared with sio.ls' on Jan
uary I, 1913,
tn. Great Western Power Company Of
California, a subsidiary Of the Western
Power Corporation. reports for Apr. gross
eHr2 Hnri e ; ,S,s 'l 10, an .,4 lnrrs:'S g, ., ,, '." a.,
ssoo4: az increase e Sill: ~ re
gross OF s., 23d aGa. net ~ s:212 $50 ant il
surplus ~ si.0G4 ooI. hciug gains " saHs.
hl3, t3lo,sla and $40 'ad respectively over
the corresponding period lat year,
The April report OF the Louisville Rail
way company. discloses gross earnings o.
s25i.o2>. which t. an increase ~ sl@nl,
over the hslres fGr NJ. corr'snonains
or sl2G +lG. an increase Of 81 sIo. and slr-
Plus OF sol oo1, an %incrcas" of S5.37l. For
the four months ended with April the 70
port shows gross of sosa. asa and net ~
tio7 13G, tho former being an increa.c Of
satsl' ana the latter an inrr"ase OF 'na.
OF s.4 nio
The Pacific Gas ana Electric Company re-
rGrts for April gross earT'nr. Of sIssoGs
gro.s OF tho same month last year. not
income Of 'as'+sl, g decrease Of s53A"?
Sin a27 For me Twelve months ended
April 30 the gross revenue IL reported ns
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
vENNER LOSES STEEL FIGHT.
Fails to Stop Sale OF Penna. Co. 70
Bethlehem.

NEWARK. y. j.. May e3.--The tempo
AIRY injunction restraining the sale Of
the Pennsylvania steel Company OF New
Jersey TO the Bethl. hem Steel Company
for s3l,e41.63l was dismissed to-day by
Judge John Rellstab in the Newark
branch Of the United states District
Court. Robert II. McCarter. counsel for
Clarence II. Nenn.r OF New York. object
ing stakeholder. who sought TO prevent
the sale. gave notice OF An appeal.
The PENNSYLVANIA company was a.
rccted TO deposit a $4,000 bond 70 in
demnify Mr.. Nenn.r In the event that a
settlement is not arrived at outside of
court.
The Judge said that ne agreed with
the complainant's counsel that the man
ncr In which the Pennsylvania company
proposed to dissolve was pen 10 crit!-
cism. 1t appeared TO the court that d.
r.ctors OF the company mad put the cart
before the horse IN negotiating and de-
termlning upon terms Of sale before dis
solution. bu the Judge thought that the
transaction was more irregular than IL
legal.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
TOURS.
--~~
N1On bay Tours. So
vy Frank Tourist tr.
3HS Brua It ..
Tmi5H%E}a3 !" E. ;;;:;; 8; q: E.
FORECLOSURE SALE.


New York touu's -Iulpu T'.s. ga..r..
OF New YORK, H.aiut.f. again. ST.,
year ltiJ- Miller, King. Lane A -.-.
Plaintiffs Attorneys. ~ B"ro.d... N.,
haitian. New York CITY.
Pursuant to Judgment enfarol A.,
1916, the uugor.iguod VII. s~. DID,.
at the EArhatga S,...,...
lI-l6 Nesoy STREE. borough a.. N.r....
city OF New York, at J.. o'c..
Juu let. 1916. by Josoph + Ia,
Ger. the mortgaged premises U,..,.. H..
said Judgment to be sold and there.
eurihed as follows:
ALL mat certain lot, pls'e ~ psr.-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
RAILWAY VACANCIES FILLED.
tishton aud Clark 10 FiiI places
Held ny the Late W. 4.

Announce ment was made Yesterday Of
he election OF Richard II. Ashton 10 Nll
tho vacancy caused by the death Of Will
lam a Gardner. as president ~ tho mi.
ago and Northwestern. James r. Clark
was elected pres!d. nj Of the Chicago. ST.
Paul Minneapolis and Omaha Railway.
which position also had been held by Mr..
Gardner.
Marvin Hughitt. ". was appointed
vice-presldent OF the Northwestern In
charge OF operations n maintenance.
and A.. c. Johnson was made general
traffic manager. A. W. Trenholm was
appointed vice-pres!dcnt and general
manager Of the Omaha. II. NJ. Pearco
was appointed general traNc manager
and Charles Jensen compt-oller.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24

Tho Assay ONCE Yesterday received
1000 600 In Canadian gold bars I'm he
general movement Of gold taking place
from tho Bank of England in ottawa to
j. y, Morgan 4 co, The total to date
Ia roughly $4,000 600. Estimates now
are that az much as 100000, 600 may
come, Sterling exchange has not re
spondcd substantially To the movement
as yet, dropping Yesterday again ia
AS ll-I6 for demands.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24

THE CHICAGO MARKET.

CHICAGO, May 22-The market continued
inactive, but in face Of the dulnoss prices
showed q frmer tendency Quaker Oats
made "A further gam OF 2 points to r.,
Lindsay llGht, Edison. American shipbuild.
INK common and Stewart Warner were
hi-her Sears Roehuck Was a little easier.
Bonds steady. The ummary
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
Court RuI.s on Appnm.s C.ru,,

NORFOLK. Va, May ?3.--Ry order al
tho Federal District Court the mon,,
from the sale Of m" cargo or tao prizc
steamship Appam IL tn hc deposited IN
several local banks and draw i~ntcres,
until tho case 10 finally adjudicated.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
COTTONSEED OIL.

There was a great deal ~ liquidation
during the session for Western ami south
ern account. Rcaners and shorts were free
buyers at the decline. There was no special
outside demand. Predictions Of further
declines In lard had SOM" influence. Trans
actions yesterday were 80, 900 barrels.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
HI BOSTON MARKET.

BOSTON. May 2s.-The mining shares mar.
ket continued dull. hut prices held fairly
Boston Elevated was unusually sctive, gain.
ing I full point. Other railroad stocks were
firm on moderate sales. The miscellaneous
department was without special feature,
prices moving narrowly. The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
THE PITTSBURG MARKET.

plT'rSBrRG. May - american Window
Glass Machine closed u, below the Opcu,tr
fsurc, Plttsburs Coal was fractinnally lower
"A, tho close and Westinghouse Elnctri" was
H. pOiut lower other stocks were fairly az
tive, but showed no change in quotations
The summary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-24
THE PHILADELPHIA MARKET.

PHILADELPHIA. May cs.-Electric Storage
Battery closed with a gain OF | point Ut 81.
I~high Valley vas reactionary selling from
-. to s17.. closing AZ II. Pennsylvania and
Reading were prominent features, Bonds
were dull and steady The summary: