davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
PUBLIC UTILITIES.

Ths Southern California Edison Company
reports for February gross earnings ~
3ll,9sl, or All i~ucrcus- ~ ST,sls over tho
same month ia the preceding year net
earnings Of s:.7.759, Il gain OF t.s.+lo. and
a surplus OF $685.. which Is S.+,igj
better than the figures for February, 1915.
Tho Cincinnati Gas and Electric Com
pany. a subsidiary Of the Columbia Gas
md Electric COMPANY, recently approved
a new mortgage Of $4,000. 900. Bonds to
the amount Of $4,000 900 Will tc sold
through New York houses and the proceeds
VII no used for the erection OF d new
generating station at Cincinnati.
In IT, annual report 20 e~toCkholders FOR
Ne Year GUIDED Decemoer 81; isiS. thc
showed gross earnings OF SN1o,Is3. not
earnings OF S.ia.t12 and a surplus 81 3-nl.-
ToA. Stockholier. were told that tho conf
pany Is now making large profits from tn.
sale OF benzoi products. but that these
proHts should not he expected 90 continue
after ,he return 20 normal conditions. TNo
dividends Of -. per cent were paid IN
Islj amt a . per cent dividend Was d.
claret paNab,~ ou March J, 1910 The
hoard advised ~stockhn'dcrs. however. that
Tho payment Of any dividend at any 'im"
dId no, bind the board TO ths continuance
OF ;he same.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
THE METALS MARKET,
"copper". Tin and Lead Easier
Spc1ter In Small Demand.

Tie largest copper producers are reported
10 nave sold .J,pp,gDO pounds electrolytic con.
per for export to France for May. June and
July. and some large buying 10 reported by
.Ieilt. estimated 10 aggregate 30.oo0. eo pounds.
rms means about q SIX days output of the
rehnrries at the present rate of production
\ hrrn"r tone was reported early in the dsy
but later there we're freer offerings of mod
crate 'onnascs al concessions even for third
quarter shipment.
The demand for nearby metal 10 iisht. bu,
supplies are also small. The largest prnduc
M interests have little copper 10 sell for 10
hNefy before June, and some large June con
tracts have been negotiated April. Nav and
June positions in small lots are luotahlc AT
.Ifi.'isc the outside price for spot and A,rI
July, August and September positions arc
steady at .hAuS". Exports reported yester.
Gay "er" 'is tons. mainly 10 France and Swe.
den Since March foreign shipnen,s have
a$-res i'cd :l.ils tons At London American
elecirolytlr Was unchanged, but 500, standard
d,clln"d II To III, i0s
Tn was quiet and easier Spot Ia held u
4',:n''I April a. Sc, MAY at Ha 4si,c.
are noh!l,iaily easier at ~. n '3ac. 6. /. Z. New
lorit The London market Has weaker AZ \
Ge'It" OF on spot to t2po. Spot standard
drobpcd 4. to goo Tn. Singapore market was
tons of flaS 'os Arrivals. at New York and
o!tports since March l have been 3.oSs tons
LEAF ~ moro freely offered AT CONCESSIONS
and less demand from domestic consumers
ana rom exporters spot, March and April
- n%notahlc az 7s.V77-c At East ST Louis
LONDON was tirmer AZ an advance of e.. .not
English lead ' '"
speI,er wa. quiet, with mail demand. spe,
AZ rg!7sc, May az ,stc. and June At isi.c
a. East ST Louis London Was unchanred AT
i?1 Tor spot and IS for futures.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
TO PAY WAR LOAN INTEREST.
Morgan 4 Co. VIII Dishurse on
Anglo.French Issue.

The interest on the $500. 600 900
Anglo-French five year ) per cent. ex-
ternal loan gold bonds which will fall
due April IS next and interest which
will accrue subsequently, will be payable
by j. p. Morgan & Co. as fiscal agents
at their office. according 10 an an
nouncement made in the financial dis
trict yesterday.
Interest will not be paid IN tenn
porary bonds. These nus be exchanged
for a definitive coupon OF full regis
tered bonds by the Guaranty Trust Com
pany as registrar. The books for the
transfer Of full registered bonds will
be closed al the close OF busines April
s and will be ~reopened on the morning
Of April IS.
II has been arranged by tho con
tracing Governments that hereafter the
fec charged upon the exchange OF dein!-
tive coupon bonds for defnitive full reg
istered bonds and upo the exchange
Of definitive full registered bonds for de-
finitive coupon bonds and definitive cou-
pom o. registered bonds Of one demonlna-
ton into defnit!ve coupon or registered
bonds Of other denominations shall be
Is cents for each definitive full regis
tered piece or definitive coupon bond
issued.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
AGAINST Toouknyss II" PLAN.
n. a. G. smith Tells Mayor Msr.
sinal Railway wsuid he Costly.

Dock Commissioners II. A. c. Smith
sent a letter to Mayor Mitchell yester-
day Analysing the scheme proposed by
former Dock Commissioner Tomkins for
u municipality owned marginal elevated
railroad along the westerly side OF
Manhattan. back Of the North River
piers. lie goes at length Into the
scheme, arguing that II would involve
too great AN expense and that insur-
mountable difficulties would be met In
trying to accommodate such . railroad
to the shipping situation.
The plan agreed upon by the New
York Central Railroad and the port and
terminal committee Of the Board Of rs
innate In about to he made public and
In this connection Commissioner Smith
says:
"In all discussion Of the proposed set
Element the committee has been most
careful TO so adjust the railroads right
Of way that II interfercs at no point
with any type Of marginal street de-
yelopnient which the future may show
to be necessary or desirable.
1.-THE chief object in forcing this COM
pany into n private right Of way south
Of Thirtieth street WAS TO keep the
waterfront under the city's control for
future organization. North Of Thirtieth
street to Fifty-ninth street ample space
has been left for additional city owned
tracks n that solution appears ulti.
| mately desirable
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
SECURITIES SOLD AT AUCTION,

SO shares American Mason Safety Thread
Company. Slc7 lot.
49, ehares Central Iron and Steel Company.
40 shares P~in.lawn Cemetery certificate o,
100 shares Washington Water Power Com.
pany, 75h.
81 shares Pacific Fire Insurance Company.
$50.
:4S shares Keystone Knitted Fabric Com
pany. Inc. also all right. tits and
Interest IN I shares not in possession
Of certificate, 500 lot.
:Oe shares United States steel Corporation
lso shares southern Railway Company
common. 2OA
Railways collateral trust trustees Ger
tifcates ~ preferred participation, l7ia
NJ shares Chicago CITY and Connecting
Railways collateral trust trustees GER
tiHcates Of common participation, 2.
90, 900 Acker, Neral e. Condi, 9 per cent
debenture bonds, duo 1929. CO.
rs shares United Dry Goods ~Conpany's
preferred, 6li2.
81 shares United states Finishing ON
pany common 20.
so shares Midvale Steel Company, old
4. 200 Acksr, Merrail r. condit Company
6 per cent. debenture bonds, due 1928,
ITO shares j., Spencer Turner Company
,1:s petroit' Toisi and Ironton Railway
Company consolidated mortgage "a
per cent. bond scrip; 3 shares Detroit,
Toledo and ironton Railway Company
second preferred certificate of deposi,
5000 and As *. ]o Neral srrsPii 4 c e, cenpan
per cent, debenturc bonds, due
1923. Interest January and July. 81
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
CALL FOR $4,000
LEMON FUND DATA
Members Of Fruit Importers
Union Also Demand Flee
ton Of New Officers.
AN OFFER FROM PALERMO

Announcement was made Yesterday
that members of the Fruit Importers
Union will issue a call for an annual
meeting If tho organization tomorrow
or the next day. Their object IL TO
elect new officers and trustees In order
to have a thorough investigation Into the
expenditure Of the Si05, 900 raised by
the society TO have the tariff reduced on
Sicilian lemons. William G. Beer. law
yer and man Of many affairs, IL
now suing the union and two asso-
Citations Of growers and shippers of
Palermo for n $4,000 balance due for
services in bringing about the reduction
by the Underwood tariff act.
The faction opposed 10 the continu-
ance Of Frank Zito as president. p.
Sciortino as treasurer and several other
men az trustees has arisen TO inquire
what became of the $4,000 which II
says was raised in New York. Messina
and Palermo during the season of 1911
and 1912. II says that Mr.. Beer and
Harrison Osborne. his associate, should
have been paid the full amount of their
claim Of $4,000 and that a balance
should have been left in the treasury
The contention ON the other side IL that
no such sum was raised. a little more
than $4,000 being the entire amount
| Beer and Osborne received $4,000 OF
this aid Beer says that they are entitled
to $4,000 more.
Santi Amoroso ~ Fforita 4 Amoroso
30 West Broadway. who Is second vice
president OF the union and leader OF the
insurgents. said regarding a statement
OF Mr.. Beer that "A full accounting had
been made OF all expenditures:
III there was AN accounting I do moi
| know OF II. For two years we have
been asking for II. We have been told
that there can he no accounting FOL
some OF tho money hat II was spent
and that IL all. | do not know wha,
they mean by that. I want to know.
wow We are to publish according &c
law a call for an annual meeting signed
by a sufficient number Of members and
we will old an election. We will know
how much Beer got and how much thu
union spent ard for what purpose.
Il was opposed 10 this scheme from
the beginning" concluded the importer
Il was not an officer In 1911. when tht
contract was made. but I fought It JUS
the same
There was a we'll defined report in IN,
citrus fruit importing district yesterd&,
that the two Slc!ll2n societies a.
Palermo have concluded TO make az
offer OF 10000 francs Cs1o.0oo) In full
settlement OF all the Beer claims. Moth
ing definite had been received Wv mem.
bers OF the Fruit Importers Union abou'
this,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
Consolidated Exchange.

Reactionary Conditions controlled tn.
market on tho Consolidated Stock Ex-
change In the closing dealings. In tho
early trading the market had shown n good
tone, although the activity mainly centred
In certain Of the industrial favorites. Cru
chile steel was again prominent and after
opening at 90S, u OF q point above its
closing price on Tuesday. II early advanced
TO az Later on; however IT. soitensd
the day Of more than 5000 shares. Amer
lean Locomotive, after opening at TN
unchanged from Tuesdays closing, touched
q high Of 7s% 1t sold az low as 76.
and closed at 77is,
United States steel common after open
Ing At st'a, tn" sam~ MS It's closing oil
Tuesday, advanced to So. but IT thcn weak,
'ned to 81: closing at st.. Anacond,
opened AZ ssSa y ~ n point under 80
close on Tuesday, hut then advanced Ia
s7s In the afternoon II broke to Sc. clos
ing AT sSt Mexican Petroleum had n
price of 1868. was Its lowest. II sold a.
high a. losN and closed At iss*.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
MERCANTILE MARINES
HOLDINGS, $45,000,000
Statement Of the COmpany's
Cash Position Is
Given Out.

Interests closely In touch with those
working for tho Reorganization Of the
International Mercantile Marine COM
pany yesterday made a s~emi-ofncial
statement regarding the cash position
Of the company which does much to
clear away the various umor which
have been IN circulation recently As
regards It's financial position.
The equivalent Of the company's cash
holdings is between $45.o 900. 900 and
SAC. 900, 900. OF this amount about
$40. 200. 900 in invested in Brit
ish Treasury bills and approx
matcly si7.425,000 has been put into
the British war loan. There Ii also
about s. 1900. 900 which IL taken up with
miscellaneous Investments. In addition.
the company has recently sold three
ships which have brought into It's treas
ury more than s3.s50.0OO. Thus the in
terest bearing Investments of the com
pany at the present time are said tc
be more than $4l,l51.00O.
At present there II no way In which
to compute the amounts which will be
deducted from the International Mer.
camille Marine Coinpany's earnings fol
the British war tax, but II Is pointed
out that the ~company's vessels which
have been lost and for which the com
pany will have to DO compensated by tn,
Government will make a large reduction
In the war tax item. IL is believed tina
the tax will not he more than 20 pc
cent OF the company's war earnings
that Is % per cent. OF the increased
business due to the war.
The current earnings do not take irt'
account the company's equity In the IIol
land-America Company. Of which tn
International Mercantile Marine owns
rs per cent. OF the stock.
II IL further said to bs untrue tina
the International Mercantile Marine ha!
lost our vessels a week lately. inter
ests closely connected with the reorgani
cation stating that the only vessel.
which thave been lost recently have beer
the Englishman and the Minneapolis.
II IL further stated that a new plai
OF reorganization Is being worked OUT
and It is probable that II will be suci
a. TO make itself satisfactory to boil
the common and preferred stock holders
committees.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
WESTERN UNION CO..
EARNS 10 PER CENT.
1915 Surplus Almost Double
That Recorded for the
Preceding Year.
THE RECEIPTS S51,171,795

Tho report ~ the Western Union Tale
eraph Company for the year ended De
csmNer 81. 1915. shows a surplus after
the payment Of all expenses and interest
charges Of %si0.is7.5s1. as against . sur
plus Of 35.371,396 in the year 1914. This
10 equivalent 10 1913 per cent. earned
On shs Sss.7s6. $50 capital stock Of the
company. a. against b.3s per cent. earned
the ysar preceding.
Tho total earnings Of the company for
me year we're ~S61.l71.7ss. a. compared
WITH S~4s.2sA.77s in 1914. and tho ex-
penses and taxes S4o.s7e,54i. a. against
SIo,b7s,7bi in 1914. After the payment
OF dividends q surplus remained Of So
351,0l7, as against . surplus Of S1.3s2.-
o5S in 1914. The total surplus on hand
on December 81. 1915. was S~ls.ssc,eSs.
having increased 39.7e9.l45 since DE-
cember 81. 1910.
An analysis OF the change in the COM
vAny's position over the past NV years
included in the report shows that 1t has
improved its standing in that time by
SiS,ss5.74S. A little over half OF this
IL represented in the increased surplus
and S9,1s6.S03 in increases In unexpended
balances OF reserves for maintenance
and depreciation and employees benefit
fund. The gain has been effected BY a
net increase In assets Of 36.796,17S and
q retirement Of capital liabilities and
liquidation of notes payable aggregat-
ing Sic.1se.57a.
Newcomb Carlton. president Of the
company. in his remarks to stockholders
says In part:
AT the close Of the year n company
had 2Oe,s5< miles Of pole line 933.e03
miles Of iron wire. $4,000 miles OF cop
per wire and 1885 miles Of land line
cables. There were 25.l42 Offices indei
operation, a decrease Of 6i2 offices since
the last report. It having been found
economical to change small offices to
agencies. which are not classed as West
ern Union operated Offices.
Gross operating revenues have In
creased owe last year by &4.e07.0l9
The transmission Of the Increased vol
ume of business with a comparatirel!
small increase in expense 10 generally I,
be attributed TO Yefinements In organiza'
ton, improvements In plant and methods
reduction in fixed charges and the abilit!
Of the organization TO handle a greater
volume OF work without material In
crease In numbers.
'The quality Of the service to the pub
lie has been materially improved. will
the result that claims for damages ant
legal expenses incident thereto were sub
s~tantially decreased. On March l, 1913
the plan Of stating the Ming time IL
plain figures on messages was inaucu
rated, thus enabling patrons To deter
mine the time taken for the transmission
OF messages.
"Notwithsta nding the depression II
business at the beginning Of 1915 thu
work Of Improving and strengthening tn
outside and inside plants. particular,
the trunk lines and the important opei
ating offices. was diligently continued"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
TOT NITNn y SHOWS
GENERAL FIND
FINANCIAL NOTES.

J &. Stubhs & 20 Inc. 40 Wall street.
New York, arc offering $3.50, 900 : per cent,
cumulative preferred stock OF tho Wappler
Electric Company, Inc,
Forrest + Dryden, president Of the
Prudential Insurance Company OF America,
has been elected a director OF the National
Bank of Commerce in New York.
street, has issued n pamphlet on What
Advertising can DO for Public utility
SECURITIES in Awakening the Public to Their
NRue as Investments"
The Suh-TreasurY received Yesterday
from TIA" Sub-TreaSury In san Franciao
ss,i00,O 600 10 the aCcoUu' OF the tanadian
Bank of The transfer was \
part of the importation Of Australian gold
made BY Tho Canadian bank.
Nu" "~tn'" Of Stmu"l ", Jarvis ycrtcriay
'"'ut'nl TN" ma payment, amounting IA
mara ihau $1,000 Qua, On Tho sale of its
omnun shares uf the cuban Telephone
Company. The jarvis estate Will SIN re
tain IT'S h0Idinys Of bonds and preferred
sharsA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
Live stock Market.
March

March -,
Receipts Of beeves were 1855 head, in
Guiding with previous arrivals 36 cars for
sale Steers were generally steady 10 slow,
with medium grades . trihn easier; bulls
and cows barely steady at Mondays clos
Ing prices. Ordinary to extra prime steers
sold Al S7.75g3gs5 per 100 lbs. stockers
at $3.50; bulls al S5M&7.76. cows at $3.50
mS7; q few tsilende at lower prices,
Dressed beef steady at liz altiac. for city
dressed native sides.
Receipts Of calves were 2,%93 head, in
Guiding !, sl7 for the market. Prices were
lower again to-day and as compared with
Mondays market Use. lower on general
Gales. The pens. however. were well
cleared. Common to choice veals sold at
$3.50 a $40 rs per 100 lbs Q few selected
al Sio37ia $40 30; culls Mt s45onss.5o.
Dressed calves were weak at 1874 nlstAc,
for city dressed veals; lo6l3rc. for coun-
try dressed,
head, including a little more than a car
load for the market. sheep vera In
limited supply and steady; lambs hrin, bur
M strictly prime offered. sheep sold At
. s50d3s.50 per 100 lbs, culls AZ SnS;
common 10 good lambs at slOnSliT5
rnll. ~ $3.50, Dressed mutton steady at
i0dl%c dressed lambs Al i5nlsiRc.; hog
dressed a. 100; country dressed dollhouse
lamb. NJ s5Tssto p-r carcasr.
Receipts Of hogs we're 6,cs6 head. includ
ing about 2 carloads for the market.
rr1ccs were steady, with eales at sa2da
elo25 per 100 lbs. pigs at - 500; roughs
etleaS Country dressed hogs steady Al
Noi%c. per -.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
NO MORE PENNA. DINING CARS
Railroad II 70 Adopt "Restaurant"
Title Instead.

last call for dinner IN the dintne
car" will he heard no more on the
Pennsylvania Railroad after tomorrow.
Beginning April ! dining cars are to
he known AZ restaurant cars. Here's
the reason AS given by the company:
THE term dining car Is q mLsnoiner.
as the word dining properly applies IN
a place to eat dinner. As breakfast and
luncheon. as we'll as dinner. are served
in the so-allcd dining car. II IL actually
a restaurant car, and the Pennsylvania
Railroad has decided TO take the initia-
tive IN abolishing the missioner and in
giving the car its proper title"
The first dining car was used on the
Pennsylvania's New York and Chicago
Limited thlrty-four years ago.. Before
that time meals were supplied in "hotel
cars which we're sleeping cars with a
Kitchen or buffet at one end. Hotel cars
were first used In November. 1878.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
UNITED CIGAR EARNINGS UP.
Forthcoming Report Expected 70
show Good Increases.

was reported in the financial dis
trict yesterday that tho annual report
of the United Cigar Stores Company OF
America for the year ended December
81, 1915, which will be sent to stock
holders before long, will show dividends
and interest received from operating
companies amounting 10 s2.A04,41l. as
against ~S?.2il.7S4 the preceding year
and S?.1Tt,5l6 in 1913.
Attention Is drawn to the fact that
the United Cigar stores Company opened
few new stores during the year and That
tho Increase in receipts Ia an indication
OF better conditions prevailing IN the
tobacco industry.
The undivided surplus or the holding
company Increased more than $5OO,ooO
during tho from $i.4is,2ss IN 1919
to S2,OS5,492 as of December I'll last.
Cash on hand amounts To more tnah
81, ESQ. 900, which is All increase OF an
proximately $25o,OoO. The total 'iab''i-
ties of the company. aside from the out
standing capital. amount to *3t,l'S'
The surplus OF the company Tor the year
amounted to S322.050, and the total sur
| plus, as OF December 81, 1915. was W.
| O65 ,492.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-30
N

SUPREME COURT, COUNTY OF sew
yORk-THE SEAMES'S BANK roH.
SAVINGS IN II CRY OF NEW VOrk
Pisintiif. against JOSEPH NJ GoEUg%
and others. Defendants t,erks Flo %
sTb3., Year 1915. csdvaIadnr, ~
.hsm & TAFT. Plaintiffs Attorneys. 80 WsI
street, New York.
judgment; entered March sth. is's. ~
.uaut TO said Judgment the u~us"-.g'.
VIII sell at publ" auction at the IA Narr4
Salesroom. No. l4-l6 Nessy Street. n a
borough OF Manhattan. DIfv Of New vo,.
at l. O'Clock noon, on April 9TH. lsl- p
Joseph = Day. Au"tioneer, The 'nortsar.
premises directed hy said judgment % hs
sold. situated OH the south side - .Gf
street in tho said Borough. begiuu e -
feet West OF the Southwest corner = "a
street aud sixth Avenue. extending Wee
80 feet In width in front and rear ~ Z.
feet and . inches IN depth: also the rreu
lees situated on the North side - IN
Street In tho said Borough. heslnnirG 80
feet 4 inches West Of the Northwest c9-r.-
OF said street and sixth Avenue. extending
West 10 feet s inches In Width In frori ana