davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
GOSSIP OF WALL STREET.
Lacking Punch.

While the stock market dvanc con-
siderably yesterday from the low prices
reached on Monday the days rallies
were by no means sufficient to make
up the ground lost on the first day VI
the week. In fact this failure OF tho
market to develop rallies that will FOL
low through" is discouraging to wall
Street. II is said that the market has
lost It's punch and that 1t is lacking IN
the ability to come back" which has
shown so often in the past after violent
declines. For instance. during TN"
greater part of the declibe which has
been going on ever since the Mexican
situation became serious United states
steel ommon has acted extremely well
in some ways. II has held firmly around
81, coming back to that figure like IA rub
her ball every time IT has been pushe ]
below that level. but there II has stopped.
Two or three times 1t has crept up 20
S4I, and oncc to s5as. but II has failed
to hold at these figures or to continue ~
rally. Indeed. this Is true OF practically
all OF the standard stocks. They become
active on declines or on brief rallies. but
oncc they reach a certain figure they be-
come dull and until they begin to de-
cline once more act as II all interest IN
them had disappeared.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28

The great number Of small specula-
tors in Crucible Steel and the operators
OF the various pools that have been ac-
tive In the stock ever since IL began Its
sensational rise from around 12i. In
1915 had their hopes suddenly blighted
yesterday just at the m when II
seemed that strength and activity were
about to return. A news ticker printed
the announcement that the company had
received a war order for $4,000. 900 from
the United states Government and Cru
chile. like a good var stock. at once
started upward. II advanced TO TN
from -. Just when IL seemed that the
ways were once more creased for a
display Of pyrotechnics in the stool an
official Of the company announced from
Pittsburg that the company had not re-
ceived any $4,000, 600 war orders from
the United States Government Then.
as II that was not encouragement
enough for the day. he added that the
company had not received a Government
order for the last eighteen months. cru
chile Immediately dropped back TO 75i..
where IL closed. down nearly . points
from the days high. but still . points
above Mondays close. Not only did the
denial that Crucible had received any
stock but II served TO upset the high
quotations for the day in many Of the
other war brides"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
anaconda.

The directors ~ the Anaconda Copper
Mining Company did yesterday what
Wall Street had been hoping they would
do. They declared a quarterly dividend
of 81 per share upon the stock. This
was AN increase OF so cents per share
over the dividends paid in February and
April Of this year. \ year ago the com
pany paid only 81 throughout the entire
year. disbursements then being made at
the rate Of Is cents for the hrst two
quarters. 80 cents for the third and 81
for the last. There had been consider
able talk in financial circles TO the effect
that the dividend would be increased
from a So per annum basis to an So per
annum basis. but hopes on this score
were recently somewhat dampened by
the action OF the stock. which on Mon
day was among the weakest Of the cop
pers. Yesterday. however. Anacord,
made a fair response to the dividend
developments. advancing from an open
ing OF 7sL to 81. n closing at 1914
up 2is points from the previous close.
interests closely allied with the property
are making very bullish statements re-
garding its outlook, saying that II Is
sold up TO the end OF the year and that
its earnings for the latter half Of 1915
will be greatly In excess OF those for
their firs, six months.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
Central Leather.

The desire OF the stockholders OF the
Central Leather Company for a larger
share OF the profits OF the company Than
they have been receiving was gratl'ed
Yesterday when the directors declared an
extra dividend OF ! per cent. In addition
to the regular quarterly disbursement
Of I per cent. with the extra dividend
OF I per cent. the company has now de-
clared dividends 40 far this year amount
ing TO 3 per cent. on the common stock,
In view OF the fact that Central Leather
IL earning better than 20 per cent. on
Its capital stock. II Ia not unreasonable
to expect that there nay no other ex-
ira disbursements before h end " the
current year, During the first quarter
N 1916 the company earned 80 per cent,
on Its common stock. Central Leather
has been one Of the hest behaved stocks
on the list during the unsettlement In
prices over the Mexican crisis. II
equalled yesterday its high price for the
year Of S%. made on March 20. and
closed At So. an advance - I point over
the previous closA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
STRIKING SUIT MAKERS
ARE AIDED BY $4,000
Anonymous Gift Announced
ut Carnegie Hall-Schiff
and Adler Speakers.

Three thousand striking c~loakmakers
and their friends damned into Carnegie
Hall last night and listened to speeches
from Jacob n. Schiff. Allan Robinson
and DIR. Felix Adler praising them for
the way they ave handled themselves
during the strike and denouncing the
manufacturers. Mr.. Robinson. who pre-
sided, announced hat a woman who did
not wish her name used had contrib
uted $4,000 to the strike fund.
Mr.. Schif said that he felt the shame
and injustice OF the situation In which
the strikers were placed In every hbre
OF his being.
He said that members OF the Manu-
facturers Association have told him that
the manufacturers are not a unit In the
strike. but that certain members Of the
executive council have forced the others
TO stand by the association as well. lie
said that the strike should be arb!trated.
with which the strikers agreed. Or.
Adler praised the courage and self
sacrifice Of the strikers and urged the
general public to contribute to q fund
for the relief Of the strikers.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28

PUBLIC UTILITIES.

Tn. Pacific Gas and Electric Compauy
reports for the month Of May 1915. total
gross operating revenue Of ttJ7.jts a
decrease OF 23O,J60. total expenses %. $50,
1876. an increase OF SO. $40. ana surplus OF
$40. aga. a decrease of St5. 500. For the
i've months starting January ! and ending
May 81 the total gross operating reN"nu"
was STsel,9s3. An increase Of S-,4A1.
total expenses OF sijs0,jsi a gain OF
32o1.t73, and a surplus OF S7,5.loS. an In
crease o! 1920 For the twelve months
ended May 81 the total gross operating
revenue was sls.s0@7i5. an increase Of
G,0i0.7;0. Total expenses were lo,''O
oG5. ar increase Of s52sls., and the surplus
was t21l.t2-. n gain Of 3.0,5,tT4
Several apartments % the Philadelphia
COMPANY. q subsidiary OF the United Rail
way Investment Company, have Just re
ported their earnings for May, 1910, ana
the TWO months uf the fiscal year en- led
May ~. Natural gas gross earnings wer"
Sti5,93i In May. an Increase Of SJ3,l3'
from May las' wear, Ne, earnings HfteI
taxes were sSsA,o2S, q gain OF Nl7.'l'
For the two months eros. earnings on
81. 531. sos show an Increase Of S262.s3'
and the net after taxes OF 1881, 1875 shove
an Improvement Of s24l.ssO. The ~electri,
light and power gross earnings were S5os,
3ls. an increase Of 37s.?62. and the ne
after taxes was s2is,iss, an increase o.
So. $50. For the two months gross earn
ings were Sl,035,s O7, an increase Of i17,
Sa2 from last year. Net after taxes o.
1901 1913 was an increase OF &s0.7sa.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
Union PaciAc Earnings.

The gross earnings Of the Union Pa
cihc for the month of May showed an
increase OF S2.14s.566, or 32.6 per cent,
over those Of the same month last year,
while the gross for the eleven months
ended May 81. 1915. was $l6,735,65s. or
1913 per cent. For the month Of MAY
the net earnings increased H,5ss,l57, or
s5.3 per cent. while the eleven months
Of S5.4 per cent. JUDGING from these
figures the indications are that the Union
Pacifc's surplus available for stock divi-
dends In the year to end June 80, 1915,
will he between 1b and l6 per cent.
against only 1898 per cent earned dur
Ing the fiscal year ~ 1915.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
TO REVISE FREIGHT RATES.
Com ere Board Gives Order 10
TranscontinentaI Railroads.

W~AsHrNGToN. June ~27.-Holding that
water competition between the Atlantic
and Pacific coasts has been completely
destroyed under war conditions. the In
t~erstate Commerce Commission TO-DAY
ordered transcontincntal railroads to re-
Wise their rates from the East to the
Pacific coast by september !. so that
they shall not he lower than rates 10 in
ter'nediate points.
The order applies to a lons lis, o,
commodities in westbound traffic. in
GLIDING iron and steel articles from
rittsburg. and canned goods. coffee.
meats. cotton and wool products. dry
goods. hardware. shoes. Irvine. paper
ard oil. from the East generally. II in
cludes eastbound rates from California
points by way OF rail- and water routes
through gulf ports to the Atlantic sea-
board.
The Interstate Commerce Commission
to-day suspended until October 80 pro-
posed increases in freight rates between
New York and points on the Rhode
Island Company's lines by way OF Prov
idence.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
ROCK ISLAND PLAN DEBATED.
Two Glasses 81 Preferred stock
PrObRb bic in Reorganization

The plan for the Chicago. Rock ISL
land and Pacific Railway Company
being considered by the Joint reorganiza-
ton committee is said to provide that
the two classes Of preferred stock will
share dividend distributions equally up
to 4 per cent
There will probably he $50. 600. 900 ~
preferred stock. OF which $40. 900. 900
will he ! per cent. Glass A and SEQ. 0o0.-
600 Class r. II is understood that divi-
dends will he cumulative up 10 ) per
cent. but that the Glass A issue will
not receive more than 8 per cent. until
that amount Is paid on the Glass II
stock. The latter class will probably he
exchanged for the SEQ. 900. 900 debau-
lures. and the former will he issued AT
par for the $40 assessment on the pres
cnt stock. which II il reported will then
become common stock.
Shareholders. II is believed. will have
- raise only s?5. 900. 600 OF the $780,
900 600 agreed Upon as necessary to re-
habilita,e the company. as the former
directors are expected 20 settle the sui:
against them for 5000. 600.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
CHINA MAY GET BIG LOAN.
Bankers Consider Advancing &2B,-
100000 or 10000. 900.

The $1,000. 900 loan to China for use
in improving the Grand Canal In that
country is looked upon In the financial
district az a preliminary step to a loan
OF greater proportions. This. 4. is said.
might amount to between S25, OOo, 900
and s3o,ooo.ooo.
China has been seeking funds here to
that amount. but II was said that the
negotiations had not reached more than
the conference basis.
When the proposed Six Power loan 10
China was opposed in 1918 by the pres
ent Administration. the syndicate com
posed Of J. 7. Morgan 4 Co, the First
National Bank. the National city Bank
and Kuhn. Loeb 4 CO.. announced that
the negotiations had been abandoned,
1t was reported in Wall Street yesterday
that II the negotiations now going on
for the s25.000.000 or $40. OO0, 900 loan
are carried Ia a successful conclusion
the members Of the syndicate formed 10
float the Six Power loan may participate.
Some months ago Lee. Higginson & Co.
were appointed as the fiscal Chinese
agents in this country. Affiliated with
them Ia the Guaranty Trust Company.
The proposed financing was discussed
at a meeting OF bankers yesterday.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
STRIKE R E DENIED.
No Intimidation Of designers, Says
Leader of Garment Workers.

Benjamin Schles!nger. president of the
International Ladies Garment Workers
Union. denied last night the charge that
strike pickets had been guilty OF intl-
midating members o. the designers as
ISOLATION He retorted that the charge
was another attempt OF the manufactu-
rers TO scare the strikers
There is in this city" said he. "A
bona fide organization OF cloak designers.
known as the New York Association Of
cloak and Suit Designers. This associa-
ton has addressed a letter to us, saying
II Ia In no way responsible for the 'un-
founded and mischievOus associations
against the orderly and %S,lendidly con-
Quoted strike Of 10000 cloakmskers' THE
association denies that any designers
have been intimidated or mol.stcd"
The Clu,k. Suit and skirt Manufac-
turers Protective Association wrote TO
Misha A~pplebaum. head ~ the Humans
tartan Cult. hat there could he no arbi-
tration In the present strike.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
IRON AND STEEL MARKETS.

Structural steel Is somewhat easier at
sac, (. O. b mill Pittsburg for shipment
m the next four months. and In eScep-
tional Instances slightly higher prices are
however. are strong. with a good demand
for both prompt shipment and future de.
livery. ship plates have sold at &c FOR
home shipment and at +iac. for export.
Structural plates are somewhat less. but
etili Arm. Additional sales have been
made even for shipment over the second
quarter OF 1917.
Car builders are again IN the market
for plates. shapes and bars 10 cover con
struction OF cars for Russia. and II l.
understood that some options have been
given on large tonnages
More sales OF wire products are being
made for export In relatively small lots
Outside Of the large tonnage sold 10 Rus
oia, II IL estimated that June foreign
0aies were 1900 tons or more. which
would make the total over $4,000 tons
In May foreign sales Of wire products
we're about 100. 900 tons.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
MITCHELL AUTO co. SOLD.
New York aud Chicago Men I
Form aI2,SOO. 1000 Concern.

RACINE. Wis. June 27.-l.adeuhurs
& Thalman Of New York, and G. g
Decker OF Chicago. to-day closed uegu-
tiations for the Mitchell-Lewi Motor
Company. which makes the Mitcdeil au-
tomobile. and for the Mitchell Wagon
works. now being used almost entirely
Tor the making of automobile bodies. \
new company viii he organized with @
capital Of tl2.5OO. OOO.
The price paid is not given OUT. but
II Is that the heirs OF Henry
Mitchell. who founded both companies
received $4,000, 900 for their interest. 2
minority holding. An entire new list OF
officials will be chosen. except that tn.
present chief engineer will be retained
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
WeatinghOuse.

Under the caption OF Westinghouse
A Review OF a Recent Criticism" a
prominen, Stock Exchange house takes
issue with a recent analysis Of the
Westinghouse Electric and Manufactur-
ing Company and the profits which are
likely to accrue TO It from its war
orders. The first point on which OBJ
lection is taken is the inference that the
pronts OF the company would be smaller
this year than last from it's war orders
because the price OF materials has ad-
vanced. while the prices OF munitions
have not. The answer made by the
Stock Exchange house is an extremely
pertinent one. not only TO Westinghouse
but also TO the United States Steel Cor
poration. 1t is stated that the West
inghouse has no interest whatever in the
price OF the materials used in the man
ufacture of shells. as this business is
sub,et to 1t by the United states Steel
Products Company. a subsidiary of the
Steel Corporation. The Westinehouse
merely receives the materials from the
Steel Products Company and turns then
into shells. This has been done with
such success. II Is said, that 40 far not
"A single shell has been rejected The
price OF the raw materials Is said tc
be OF no concern 10 the Westinghouse
while the fact that the United State
Steel Products Company is subletinl
war order business not only TO IN,
Westinghouse company but to others in.
dicates that the United States Steel Cor
poration. the parent company. probabl,
stands In an excellent position to make
a goodly sum from the indirect wa
order business.
Few OF the Westinghouse company,
war order contracts are said to be sub
Ject to cancellation on three months no
tice and most OF those that are have Z
claus STIMULATING that the company shal
receive a certain profit, even II the order,
are cancelled. II Is stated on high an
thority that the estimates Of h com
pany's regular business outside Of IL
war order contracts indicate that II vii
make prons Of from ~ 5000. 900 20 SIS,
600. 900 on that score alone.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
THE COFFEE MARKET.
Brazil Again Disposed 20 Sell at
Reduced Prices.

Brazil was again disposed 10 sell COS, and
freiSh' coffee at reduced pricrs Offers we're
received mere Tor ncN pTop co flee for July
August september shipment at the lowest
hsures 50 fsr. quoted santos - we're offered
a. s4.c. and Rio $ al SIC. London credits
This pressure from Brazil caus>i increased
selling here, and after a slightly .,eadier
opening on local and foreisN covering prices
gave way. and at the close we're } to points
ne! lower Total sales were $50 BAGS
July liquidation was less IN evidence. however.
and the late positions were under the lufiu.
encc OF commission house selling, which sus
se.ted unloading on the part of lonls
The local spot demand was slow and there
appeared 10 I've little interest shown on the
part OF the country This Is heinz ref. ed
In the smaller deliveries Mid cuNs. has
been meeting with a little better demand.
however. and during the past week stocks
decreascd abou, 90 BAGS.
The Official Brazilian cables reported Rio
exchange on London xed. Milr-is
prices IN Rio declined - reis from last Sat
vrday's cable white Son,os declined la rel.
for the day. Receipts al the two port. were
$500 bags. compared with ss.oN las, year
Prices follow
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
MILLIONS FOR ASSAY OFFICE.
Gold sent From london to MOrgan
4 Co. epOsited.

Gold imports amounting to between
5000 900 and sl3. 900. 600 were de-
posted in the Assay Office yesterday e.
the account OF J. +. Morgan & Co. The
gold. shipped from London. arrived on
the New York OF the American Line on
Monday II IL the frst shipment re-
ceiNed here from England since last
February.
Cold has been shipped to New York
from Ottawa steadily since the middle ~
last, May and recently shipments were
made from ottawa to the mint IN Phila-
delphia. the tota. being more than $500
000, 600. The Assay once here has been
melting down the gold received and "a
prevent the swamp'nC Of the facilities
here shipments were made 10 Philadel-
rh.s
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
Anaconda Iucreases Dividend.

The Anaconda Copper Company has
declared a quarterly dividend OF 81
which Is an increase Of so cents over
the last quarter. The dividend is paw
able August IS to stock OF record July
20, 1915. The dividend record OF the
company since 1900 is as follows
1900, 81; 1901. 1925: l902-Iso%, 81
1905, Sc: 1906, s4s7ta: 1907, $3.50
%isos-lsl2. So: 1913. SO 1914, 81; 1915,
ol.75; 1916 (to date). IS.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
". d. Hines IL Atchison Chairman.

Executive committee OF the Atchison.
Topeka and Santa Fee Railway. was
elected yesterday chairman OF the board
OF directors, a position created recently.
The president st!ll remains the ranking
head Of the road, however. Mr.. Hines
Ia expected to quit his law practice soon
and will take up his new duties on Sep
TENDER I,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28

The Central Leather Company yes
terday declared an ezra dividend Of !
per cent. on the common stock in add
ton to the regular quarterly dividend II
! per cent. on the same stock. Both dis
hursements are payable August go
stock Of record July 10. 1916.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28

Receipts for duties at the Custom
House yesterday were $55O.l21.1S. OF
which S250,30+.9o was for merchandise
withdrawn from bonded warehouses
and S299,Sc2.ss for recent importations.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
RAILROAD EARNINGS.
colorado ana Southern :

colorado ana Southern:
r r9iTa GsfH June June ,! 'isi.SsS Inc. ,Ml,s;..
Minneapol.. and - Louis
Third week june ,::ssts Ire .Hs4i
Rio Grand. southern: ''
Third week June sloIs? De-. $3.50
From July L.. 5443Ta Inc. $500
UNION PACIFIC.
Tn. Union Pscihr Railroad Conpany re-
Ts,.i Sp.!...v 's53..:s Inc ,:ite go
Net 5sysna. Hs:,s:! Inc. )',:::??t
Total ope1, rev. ,e.. 300. %. Inc. ra.7a5oas
Oper expenses. ~ +5l,35o Inc. :.iaa 500
Net r.v.nu. ,4l. ol. IS, Inc uo.Ioo 2ae
op"r income ~ o+3.+ls Inc PGs'. SEQ
ST LOUIS. ROCKY MOUNTAIN AND
PACIFIC.
rh. St Louis. Rocky Mour,sn and
Pse.he company reports tor May: -
cross earnings. ...... .,lasi5s sina o,5
Net revenue .......-.. - rs" IL PESO
N.' income .......... i7.T:g Gi3G
SOUTHERN RAILWAY SYSTEM
southern RA!lHay:
Third week Jun. .,,se!!',s. In, ';;!.ff!s aoa
From July II. as 2+i,9' 1nc 7,i"d @3n
Alabama Great Southern:
Third week june sol so Inc si3%?1
From July H.. hi32 co. Inc - old
Cincinnati, New orleans AMI Texas
Pacific
Third week Jun. s?lo575 Inc t43 49,
From July h.. % .1c3.j.I Inc i.o.2 go
Georgia southern and Florida
Third week June SS,ls7 Inc 1850
From July l..s .3S& SIS Inc lHT.S40
Mobile and Ohio.
Third wetk June $3.50 .ls In slsoNi
From July -, ll,ios $50 lnr Tpl.534
Virginia and southwestern
Third week June s2a ods In. sT4Is
From July L.. l.ao5.3l? Inc AZ .Hu9
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
Discharge u

HARl.FS RDS\EH-tUig' Ma or nt
tented = discharge frurr bankruptcy :
charles R0su'r. lohhor Of tobacco ~ =
EaS' wa street. and sustained N.
specifications ~ objections - tho Nero
rOlI'q- TnbnrrD 10
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28

IONS " T~AHL-juIg" Nr.f has tp-
po!n'ei oscar Irsfttt.r receive fo- 1'Nr
VI Stahl. grocer. 49, Columbus Venue
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
SOUTHERN RAILWAY SYSTEM

SUMNER RESORTS.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-28
or
Assignment

SANUEI L~ISSACER. mcrchar, tailor ~
o.? Wa stree. has made an assignment
20 Abraham Rr.i'har!
The Birmingham age-herald., 1916-01-23
PRESIDENTS SPEAKING TRIP
 HAS POLITICIANS GUESSING Believes Best Reach COngremn Who Opposing Preparedness PeopeBryan Naturally Greatly Over the Outcome

Washington, January 22.-(Special.) Not since Judge Gary served the second Feast of Belshazzar'' to Colonel Roose- welt has the professional politician had a more delicious morsel over which to roll his tongue.
 ''The swift swing of the President around the circuit is pregnant with pos abilities, they aver,- and significant of many things. The stanch friends of the administration can see nothing in the proposed speaking tour of the chief ex- ecutive save that which rests on the surface He goes to tell the constituents Of quiescent congressman of the beau ties of preparcdness-of the necessity, these friends point out, of getting this country in shape to resist the conaueror of the European struggle who will look with evil, lustful eye on the treasuries of America.
 The republicans vehemently declare that the President noting the fact that MT. Bryan has played havoc with the boasted solidarity of the democratic ranks is about to play politics. The "spneless' pacifists, fearful that the chief executive, Tn a breath, may blow down the card- house which after so much vocal effort