davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
new HAVEN RAISES
S25,0OO,O0O EASILY
Bankers Buy NOtcs-Railroad
to Pay ~. 1000. 900 Out
Of Earnings.

Bankers. headed by 7. r. Morgan &
Co.. have purchased from the New York,
New Haven and Hartford Railroad Com
pany &25. 900. 900 one year ~, per cent
collateral trust notes. The PURPOSE of
the sale OF these notes In to pay of part
of the $4,000. 900 8 per cent. notes ma
turing IN May I. The remaining So
900 1000 vii, he taken care Of out Of
earnings. The other members OF the
syndicate are the First National Bank,
Lee. Htgginson 4 Co. the National CITY
Bank and kidder. Peabody A. 60.
No underwriting syndicate has been
formed to purchase these notes, but the
bankers have sent a letter to those who
pa anticipated In the underwriting or the
$4,000. 900 8 per cent. notes two years
ago n "a year ago. giving them the
privilege Of purchasing notes to the
amount Of their participation in the pre-
vious underwriting. This privilege will
remain open until next Monday. Any
OF the notes not then taken will be
offered by the bankers AZ par. II Is no,
believed hat this step will he necessary,
however. as 1904 is already bid FOR
the new notes.
The sale Of these $4,000. 900 notes
places the New la In "A good finan-
cial position for another year. Ry the
end Of tina: time, II is believed, arrange.
ments will have been worked on, for re.
funding the = 5000. 900 a. per cent.
notes on "a long term basis. While IL
If somewhat early to estimate what will
be done. II Is understood that efforts
will be continued to secure in Massa
chusetts and Connecticut the legislation
necessary to permit either the sale Of
preferred stock or the creation of "A gen
eral and refunding mortgage.
The collateral behind the new notes is
the same as that which secured the so1.-
600 1000 ; per cent. notes and amounts
TO sto.6t1.s7?.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

II was understood then that the
French financing would take the form OF
notes running from three to five years
and that they would he issued at an in
terest rate and on such terms as TO MAX.
them attractive to American investors
without causing discrimination against
the Anglo-French IS.
France is known to have already Dor
rowci about 100000, 900 in his market
either in loans or credits outside OF the
Anglo-Frtnch loan. Of which her share
is understood to have been $3.50. 900 900.
Demand sterling closed at t.16,.. As
compared with A76 1-I6 on Thursday.
while cables We're fractionally higher at
~ l-l6, against AZ the day previous.
Italian lire dropped from 6%s to SAB.
while rubles declined from 3o.t5 TO 30. o5.
Guilders were easier at 42a,, against
AZ 1916 on Thursday.
MARKS continued stronger and closed
at 70 3-l6 for sight drafts and 73t for
cables. They were quoted on Thursday
AT 12's and 10 respectively. Austrian
kronen advanced from l2.5e to 1850.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15


NEW YORK SrPREME COURT, COUNTY
OF NEW, Nokk-INloN TRUST CON.
rANY Of NEW YORK. as Trustee under
a certain deed Of trus, made by Peter
ssSin:s, poSMl ip'"'G I. tinip ,Ii; P'. Mnn:
GARET z, GEDpES: JAMES +. GEDpES
fETEH MaGpoSALn GEnDES, GEoRGE
MAYwIiI @EppES GERALp Man.
SMrNror oh hGSTs o}lihIMHESG r =; GEppES,
AID q GEDDEs and rNIoN 'TRtySr
COMPANY or NEW YORK. AZ Exccntors
OF the Last WI, aud Testament OF Janet
of the Goods, Chstl"ls aud credits whi"b
we're OF fe'er GsdIes. decessed. and
ISAAr {, LAWRENCE. Defendants.
10 the above usmcd defendants:
YOU ARE HERERY SUMMONED to
answer tn, complaint in this action and to
IN attorneys within twcnty DAYS 'aft"r
the service. NJ this exclusive OF
,hc day Of service, aud In case OF Your
he taken against YOU by default. for III
relief demanded in the complaint. " Wv
Trial desired In the county OF New York
Dated. Ncw York, March :. 1916. "
MlLLEii, hiA,,, LAM n IKAtrORp.
r,sin'iTs A,tormeXs once : Post
10 ''pEETiEn MnsnoN'NGI'.nf o"G&Epprs.
H skil.EH. A"iSNrrEsS o niiEvnnpEI, EMILY
Tho foresoing summons is served UPON
Of Hon. Edward Il Finch, one Of the jus.
March, l.ld, ana h'cd With the complaint
In tho office Of the Clerk OF the County Of
ne" h. p SHr. a, q, III T 10 r.ny' Nous. in
MlLiER, KING. LXNE' & TRArroRp.
3 3mS."G >ssr r"r RENTS "a nro, "m'Ss I nc "c,,
Of Manhattan. New York CITY.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
Talk Of Unsecured Loan.

Mr.. Hamberg intiinated that an at
terpt might lie maze to place an unse-
cured loan here. limiting that the credit
Of tie French Government M to be
sufficient To insure the loans success.
This. II is believed. was one of the points
on which our bankcrs and those repre-
senting France differed and may have
caused whatever hitch there has been
In the loan negotiations
II was pointed out. in spite of the de-
probation In her exchange, which broke
to u new low record price of 6.ONi. for
checks and 6.0Si. for cables yesterday.
that France still has plenty OF funds To-
meet al her needs in this market. Mr..
Homberg said that approximately $40
oo0. 900 of the Aaglo-French loan was
still on deposit here to Frances credit.
Mr.. liomberg also said that arrange
ments had been perfected between
France and Great Britain to correct the
depreciation in French exchange in Lon
don. which has been the main cause of
upscttirg rates on Paris in this market.
lie admitted that France had been ship
ping gold to England for this purpose
and added that IN return the Bank OF
England had been granting reciprocal
credits to France. As a result OF these
arrangements franc exchange rallied
sharply yesterday from the extreme low
record prices and closed at 500 for
checks and 6.0ti. for cables. This conf
pares with a previous closing rate OF
601': for the former and 6.06S for the
latter.
At the tim that j. +. Morgan last
went abroad il was understood that his
major purpos. was 10 discuss a French
loan Of between 500. 00o. 900 and 5000
goo 600. and though the repor, WAS at
that time denied by his partners and by
representatives OF the French Govern
ment. other bankers admitted tina, a
French loan was receiving consideration
both here and abroad.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
NEW FRENCH LOAN
HERE WELL ON WAY
Probably viii Rc Sale Of
800. 600. 900 tn 5000. OOO,-
600 Worth Of Bonds.
MAY BIZ BANKING CREDIT

Negotiations FOR a further big French
loan or credit are we'll under way. apd
II IL expected that an announcement re-
garding the amount and terms will he
forthcoming soon. That the "conyersa-
tong in this country and abroad he
tween tinted states bankers inc repre-
scntntivcs Of the French Government
previous 10 and since the recent de-
parture of J. p. Morgan to Great Britain
and France are new taking definite form
was admitted in a long statement issued
yesterday by Octave Hontberg, financial
representative of the French Government
in this country. Mr.. Hombcrg Ia one Of
the committee OF bankers representing
OF the saoo.ooo.o 900 Anglo French loan
In this country last summer.
Just what the amount Of the new loan
or credit will he Mr.. Homburg Is not
prepared to say. but IL is probable that
II will be between 500. 0o0. 900 and $780,
600. 900. II is not certain whether the
new financing will he in the shape OF an
out and out loan. ~ was h Anglo
French loan. or whether II will be in the
shape of banking credit.
II is probable that II will be the for
mer. and that France will cndeavor to
sci, bonds in this market. These bonds
win probably have as collateral the Sc
c~urities ~ certain Of the neutral coun-
tries Of Europe. together with south
American securities. II was intimated
yesterday that France would not use her
American railway and industrial issues
which she is mobilizing as a basis for
this credit. preferring rather to sell them
IN this market for what they will bring
in dollars.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

T.. \. s. Clarke, president OF The Lack
awanna steel Company, announced yes
terday that. following the action OF the
United states Steel Corporation in adj
vancing it, price on steel rails S. a ton.
the Lackawanna company would make
a similar advance after May |. Bees
semer standard sections will be placed
AT 500 a ton and open hearth sections al
$35 a ton.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
RUSSIAN FINANCES BETTER.
savings ~ People Have Incrcnsc,
$1,000. OOO,O 900 During War,

'PETRoGRAp, April lt.-Iicrre Bark,
the Russian Finance Minister, in adj
dressing the Council OF the Empire ON
the budget to-day said that notwitl,-
standing war expenses amounting Ia
l2.oOO.OOO 900 ruhles $4,000, 400. OOO)
the financial strength Of the couutry In
growing. partly on account of the aboli-
tion Of the alcohol monopoly.
Since the beginning OF the war tho
rawlings Of the Russian people. he said,
had Increased 1000. 00o.e ~ rvhlas (0i,-
900. O00. 000).
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
n. Y. CENTRAL GAINS
GROW 200 PER CENT.
jump in Net IncOmc In First
Report After COmsOlida-
tiOn Of Lines.
PROFITS or S27.71I.L73

The first annual report Of tho New
York Central Railroad Company since
It's consolidation with tho Lake shore
elbows that in the year ended December
81, 1915, there was an increase OF
nearly 200 per cent. In net corporate
income over the total incomes reported
in 1911 by the companies now In the
consolidated system. The Increase for
1915 was s:7.1lI.t7S and that for 1914
was so.3jS,2i7. The increase was s1s.-
353.226.
The income for 1915 was equivalent
30 Hoe per cent. earned on the s2t9.-
800, 1850 Of capital stock outstanding,
as against 3.SJ per cent. earned on the
s225,5S1 ,os6 capital stock outstanding In
1914.
The railway operating income for the
year was s5O.17S,73j. as against S3o.-
914,46O in 1914. The operating revc-
nues were sis7.9t2,333. az against siac.-
351,5S9 In 1914. an Increase OF slJ.-
b60.743. and the operating expenses were
sos. 1914. 34i. as against sil3.3is,i2e In
1914, "A decrease of S3,?jt.011. After
the payment Of all charges M dividends
tho surplus for the year was slj.2ii.-
?Ss. On December 81 the mpa had
on hand IA profit and loss surplus OF
$37,406,473
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

Announcement was made yesterday
that the steamship N~igilancia. OF $500
tons. had been purchased by Castor.
Williams & Wigmore, Inc. for use in
the French tobacco trade. Various COM
modities will be brought back on return
trips. The marine insurarc e depart
ment or the company. which CARES for
the insurance on all its shipments and
also does a commission business for
others. has been placed In charge OF
w. d. KeeSon.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
Thomas Heads Queens Hody.

At the NTH annual meeting of the
Chamber of Commerce 81 Queens. held in
Long Island city yesterday, Charles g.
NJ. Thomas was reelected president. and
George j. Ryan and John Adikes, vice.
presidents. and William J. Hamilton,
treasurer. Charles q. Never. Edward
Roche, John w. Rapp, Robert a. Austin
and A. l.. Langdon were elected directors.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
IIEI.P WANTED,

EMrI.oYED people Increase your IN
COM" s.b to 800 per month without inter
canvussiny. no money or experience re-
guircd. No work but fun. THE COME
pACkT MERCHANDISE CO., Toledo. Ohio.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
BUSINESS TROUBLES,

VIEW yoPK REALTY OWNERS ,corpors.
tIonl-Judge Learned Hand has granted
. motion for job u Hedges and Francis
4. WINSTON. receivers of the New York
Realty owners corporation OF 9gs
Madison avenue, TO sell an apartment
house at ia West Eightieth street and
y tract hf land ~ Workers known as the
Vineyard nm lots NJ public auction.
rh'ch ought to net between $50. 900 and
S%o,vOO over the mortgages. The Judge
authorized the receivers to issue re-
ceivert' cetiih'st"s for 500. 900 10 pro
tect the property ~ tho company from
tax and foreclosure sales. There are
errear- of taxes and assessments on the
company property amounting to Sist.-
900 and arrears of mortgage Interest OF
sl.OOO Thr entire property ~ appraised
o. sa.3On 600, IL assessed for $4,000 and
mortgage and taxes are $3.50. 900.
Bankruptcy Petition.
FL L. ,bili. iNr.-A petition IN
hank rnptry has been filed against Frank
cole, Inc, manufacturer OF suits and
aresses az West For,y-hnh street, by
Norman Nlrenburg. flc. and Henry pom,
c,mhIs, sl2i The. corporation made An
ssS'snm.nt on Wednesday, LiaLiiI,f..
are $4,000 and assets $1,000. ~
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

WASHINGTON. April 1.-THE day cal
IN the supreme Cour, Of the United state.
FOR Monday Is: Nos. 2;i. ISIS. ::s, sos. 500
so. 3i@. 3tt. fs5 and 6sl.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

An increase pi '.3sI,o?o tons In treight
moved was recorded Tor the year. Inc
average maui Increased twelve miles, but
the revenue "a ton mile decreased
slightly. The freight revenue Tor the
year was sli,l'""Io NOR" IMAM IN lsIt'
Passenger traihc showed "A falling on,
Que. II Is explained. to failure 10 recover
from Inc depression or the early part or
the year. Inc foad carried l.',o.oe.
less passengers than in ls1i, although
there was a SINAI increase In the num-
Der OF passengers carried a train mile.
the decrease IN passenger revenue was
s303.321. Their, was an increase OF ST.
c3o.S99 IN revenue from mail, express
ana mix trains.
In his remark TO stockholders Presi-
dent a. H. smith takes up at some
length the progress OF WORK on the
Grand Central Terminal. He says that
the work has been mainly of a finishing
up character, such as laying permanent
tracks in place of temporary ones AMI
constructing permanent platforms. This
the support of overhead buildings.
o."s'" nav. "n 'onuu''eu.
~ 80 ~ ,on
's,"N,'ol VI ~ '"'"'"ss oNe' ~" yer
100" ' -" " ',.o"s =. %
80 wv. y! lV'ul'"s tHr ",an,oo",
"hu '1nN.,''"s " Spa.e ",'o au".',oha'
,ooI's III 'he '''''hoTe .io'c'' TOT when q
1caAs mas oeeh executed AZ an auoi'lonai
I3"'ai' ""Sf" 'h me COST Inc ouiiuihs
ior the Government man department
was competed during the year. Including
inc conveying ~quipncn Tor the me-
chanical movement OF mail matter TO and
from the trains in the station.
In connection with the completion OF
this building Depew place has been
opened between ~Forty-iifth and Forty
sixth streets. The Vanderbilt ConcOurse
Building at Forthwith street and Van
derbilt avenue was also completed dur
ing the year. Work on the incoming
station and upper level X deferred owing
20 business conditions. The new sub
way station is expected To he completa,.
by the end of the year 1916. and as
surances hay. been received from th.
New York city authorities that the con.
tracts will be awarded for the huiIdInc
OF tho bridge over For,v-secopd stree,
so that il will h. co,nnle,ed a, tho ,ime
the subway is mn, IN onsration
Sen. U,u....., r,..
He mentions in his report that the
extra crew laws of the various States are
still in effect and are costing the COM
pany 100000 a year for the employ
ment oil extra men, an expenditure
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15

Leading high-class moderate rate hotel
Alhemaric virginia Ave. near bea h. "a
patltN 200. Specials. un div
$40 up wkly. steam heat. pr!vat. bath.
eieNstot sun paror.; excellent table ,eve-
ming dinners. Booklet. J, l.. COPE.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
PROBING OLD GRANT
New Yorker After Land Located In
Orange County

original land grant, executed by Gov
ernor James Monroe, of Virginia, on
January s. 1900, conveying to one
Reuben Taylor forty-five acres of land
in Orange County, the sender. Harold
f. Weiss. of Lockport N. Y, asking
II 1t Is valid. He requests that the
governor have the record unearthed
While 1t is extremely unlikely that
such is the case, the grant will be
turned over to the register of the land
office, who will make an investigation
and advise Mr.. Weiss of his finding.
1t has been pointed out that IL the
grant is found to be valid that takes
for 116 years on the property will be
due the State.
1t is not known how Weiss came in
ownership of the document, whether
he is a relative or not.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01

diction prosecution should be brought.
The law a. IL now stands Ia too lib
eral. 1t permits the shipment of far
greater quantities OF ammunition, dy-
Mantle. nitronlycerine and other ex-
piosives than Is necessary or even
within reason.
"Out OF the conflicting stories of
witnesses we have evolved the follow
ing facts:
The IRE started at 1905 Sunday
morning, on the Black Tom pier. 1t
spread from the two freight cars
where Il was first discovered until II
reached the johnson barge ~. which
had been tied to the pier several hours
earlier.
The tug Geneva was summoned to
the rescue. On its way to Black Tom
Island the Geneva picked up a mys1
terious barge which IL took in tow
On drawing near the flaming pier 1t
also threw line to the johnson barge
"a. 1t started to pull both of them
away with the mysterious barge be-
tween 1t and the johnson barge.
May Call Special Grand jury.
The unidentified barge was loaded
with tremendously high explosives.
No sooner had the shells commenced
to pop from the pier fire, throwing
out live projectiles in all directions.
than the nameless craft blew up with
terrific explosion and sank.
'"Thi severed the tow line on barge
"a and II drifted toward Ellis Island,
enyeloped in flames"
The conference between the local
and Federal officials tomorrow grew
out of a meeting today, at which
James J. Harnmili, congressman from
the Twelfth New Jersey District: Cor
poration Counsel John Milton. of Jer-
aey City. Prosecutor Hudspeth. Com
missioner Of Public Safety Hague, and
Assistant Prosecutor James w. Nc
earthly were present
Mayor Mark NJ. Pagan, OF Jersey
City. favored calling special county
grand jury.
The Federal officials invited TO the
conference tomorrow are; ri. Snowden
Marshall, United States District At
torney of New York. and Charles r.
Lynch. the Federal prosecutor of New
Jersey district. Congressman Edward
w. Grey, OF the Eighth Jersey Dis
trict. and Congressman John ]. Egan.
of the Eleventh District, were also
asked to be present.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
ASKS POLLARD TO
RULE ON QUESTION
More Than Doe. Prfmary Law
of Congregational Candidates.

Citizens OF the Seventh Congress
sional District have written to At
torney- General Pollard asking his
Onion on the legality of the Demo-
cratic Committee OF that District In
ordering a primary to name the party
nominee TO succeed Congressman
James Hay, who has resigned his seat,
requiring the candidates to pay the
costs OF the primary.
Under the law. the candidates are
required to pay two per cent of their
first years salary. the balance OF the
expenses to be borne by the counties
and IN cities therein. 1t appears that
the committee has gone contrary to
this. ruling that the candidates bear
all expenses in connection with the
primary,
The letter of inquiry to Mr.. Pol
lard was received late yesterday af
ternoon. and he will not reply until
this morning. 1t seems that the law
In the case is plain.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
Want Street Cleaned Saturdays.

from churches on Sunday may not be
confronted with accumulated rubbish
along the thoroughfares, the Mothers'
Club of Fulton has circulated a. petit
ton. requesting the city officials to see
that Williamsburg Avenue and Louis
lana Street are cleaned Saturday
nights.
These two streets are the principal
thoroughfares of Fulton, and the peo-
pie in that section of the city declare
that they are never cleanes on Satur-
day nights. The officers of the club
who are behind the movement are:
Mrs. George A. Kline, president; Mrs.
Matilda Leonard, treasurer; and Mrs,
James It, Wade. secretary.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
PRESIDENT THANKS
COMMISSIONER PARSONS.

President Wilson has written John
s. Parsons. commissioner of the De-
partment of Game and Inland Fish
cries expressing his appreciation OF
the nonresident hunters license, hjch
Mr.. Parsons presented to him with the
compliments OF his department.
President Wilson's letter follows:
My Dear Mr.. Parsons,--T sincerely
appreciate the generous compliment
paid me by the Department of Game
and Inland Fisheries OF Virginia in
presenting me with non resident hunt
er's license No. under the new game
act 1t is delightful to be so thought
of in my native State. Cordially and
sincerely yours.
WOODROW WILSON"
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
SIXTEEN SUITS FILED
FOR FLOOD DAMAGES
Main street and Shoci<oe Valley Prop
crty-O Owners Ask Large Sums
From City of Richmond.

AS the result Of damages occasioned
by floods in Shockoe valley and high
water along Main Street, sixteen suits
were filed in the Law and Equity
Court yesterday by Gum and
Mathews, and Scott and Buchanan.
The amounts sought range from $3.50
to $4,000.
The Administrative Board is seeking
through the office of the city attorney
to learn what rights persons have TO
erect buildings over and abutting upon
the creek. Chairman Hirschberg be-
lieves that certain persons have squat
ted" upon city property, and he is de-
termined to go to the bottom of the
matter.
City Attorney Pollard recommends
that T. Crawford Redd supply a sur
vey of the creek property since the
days Of william Byrd, and he recon-
mends that Wallace F. Brown examine
titles to the property now occupied by
persons Mr.. Hirschberg thinks are
encroaching.
Chairman Hirschberg will ask
Council to appropriate a sufficient sum
to defray the expenses of this work
Those who instituted suit against
the city yesterday were:
w. A, Cheatwood. $4,000; A. X.
Hare, $4,000; Swift & CO., $4,000;
Hare. Robinson & Hughes Co, $4,000;
L. Mundin, $4,000; Simon CrowelI.
10000: Powell Bros, $1,000; John
Lee Davis, $4,000: Broadway National
Bank, $3.50; Filurio c. Poll, $1,000;
@, Massei. $1,000; w. T. Randolph,
$4,000; Digs & Beadles Inc. $1,000:
|. Bluford & Co. $1,000; William II.
Scott, executor, $4,000; Joseph A.
Baccigalupo, $1,000.
These cases will be docketed and
VIII be called and set for hearing at
the fall term OF the court.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
RALEIGH WANTS CITY TO
AID LAND BANK FIGHT

Raleigh banking and business in
terests who stood by Richmond in It's
fight two years ago for the Federal
Reserve Bank are now seeking Rich
mond's support for their city as the
site for the location of one of the
twelve Federal Loan Banks.
Richmond banking and business
men will receive a delegation of rep
resentative men OF Raleigh, who will
come to this city tomorrow for a con-
ference as to the methods to be pur-
sued in the campaign OF the North
cauital for the new bank.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-01
T AXE YOUNG MANS
BODY TO ROANOKE

The body OF Harry G. Padgett. who
lost his life from supposed heart fall
ure while bathing in the James River,
few miles below this city, Sunday
morning, was taken TO Roanoke, on the
925 train last night where the re-
mains will be laid to rest in the family
section in Fairview Cemetery this
morning.
The pallbearers all of whom were
close friends of the deceased, who ac-
companied the remains from the late
residence. 6l9 North Thirtw fourth
Street, to tho railway station were
]. II. Robertson, r. Forest. r. Allen
Merchant, J. A Ryan, II. L. Strange,
5, e, Riley, Jr. and Chas. h. Seay,
Much sympathy Is expected for the
aged mother and father of the de-
ceased. who are completely Frustrated
through the sudden and tragic death
of this only and much bowed son.