davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
MINIATURE ALMANAC.
FIRE ESCAPES ON PRISONS
ABSURD IDEA. SAYS DOHERTY
Intends to Enforce Law Regarding
state Capitol md
Library.

Prisoners who had hoped to have
hre escapes installed on the peniten-
tlarE ana county jails will be sorely
disappointed. according to Commission
er OF Labor James b. Doherty, who
has notified Colonel John w Richard
son. superintendent of Grounds and
Buildings. that fire escapes must he
Installed on the Capitol and State III
trary buildings
1T was pretty far-fetched idea
mat there must be fire escapes on the
penitentiary and jailS," said Mr.. Doh
er'!: when asked if such a demand
would be made by him. Prisoners ,rc
incarcerated by the state, thev are
watched by guards at all hours, and
If anything goes wrong as i'm case NJ
hre, they are awake and ready to lib
crate the prisoners y fire escape can
be used as method of escape en-
tirely apart from fire. What's the
use of putting prisoners in Jail and
then supplying them with methods of
escape?"
Il don't know what ruling the At.
torney-General will make" said Mr.
poherty. in speaking of the Capitol
and library, but there was no alter
native for me- The law saws that
where ffteen or more people are en-
pioyed above the second floor, that
adequate fire escapes must be provided
cannot exclude them. either. All I
can do is what ! have done. issue or
ders that the escapes be installed on
the public buildings. as certainly in
tend to demand that they be put on
all private buildings"
AT the present time the inspectors in
Ar. Dohertys office are giving their
attention to factory conditions in the
STATE. There are a number OF laws
being violated with regard To the
child labor, ten-hour, sanitary and
semimonthly pay laws. and the in
SpectorS have been securing convic-
lions recently in Norfolk and Newport
News. While the inspectors. who are
iiapie 10 show up in any factory III
the State at any time. are busy with
these phases of the labor laws, they
are also, acting under instructions
from commissioner Doherty. watch
ing for violations with regard 10 fire
escapes
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
JAMAICA RESULTS
furlcngS -C'heer

First-hvc furlongs-Cheer. 100
tTaplin). ! TO 3 and out, won: Solveig.
loi Lyksl. 3 to l. : TO S and l TO 3.
second: Bright Star. ?9 tShilling). 20
TO l. TO and TO |. third. Time.
:0l. Miss Tipperary. Doc Meals Mar
blchead. Eden Park. Alone at Last and
Radiant Flower also ran.
Second-mile and seventy Yards
Nephthys, Ill tMcCahey), . 10 2. Q TO
90. out won: Harry Jr.. 100 (Schut-
tinee). 80 TO !. TO !. to >. second {;
Pandean. ll3 G.yke), . 70 {. out third.
Time. ] 40 Is. Nash Noluspa and Re-
william also ran.
Third--one mile and furlonE--
Monocacy, lis IT. McTageart. to ).
out. won; Golden Gate, los (Haynes).
y TO !. to >. 3 TO .. second: Colonel
Holloway. ils Geaver). 30 TO /. to
]. TO ., third. Time. :56 rs. Mar
mar, Monmouth and Day Day also ran.
Fourth-six furlongs-Old Koenig,
Garner. to l. ) TO .. to ). won
Mars Henry. ITO tTaplin to /, . TO
], even, second: Startling. 100 (Shul-
ine). 10 to ]. to l. . TO /. third TINE.
l:l22-5. Gunbearer. Gamer. Benevo-
lent, kewessa. Comely, Hanson and
Fifth-mile and seventy yards-Re-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
lATONlA RESULTS

FrsS slcso sSo and ss7c Won
Kargarua. loo Connolly. $50 and
s. sseona Sc sonh fb1ra a'eT Tima lGs sy "a
Duke Monotony. Glass A.. Flora Finch
and Cross Grain also ran.
,o7 GHunU. ss.7o. $50 and $50. Won
Julia L.. l07 UGoose), $3.50 and $3.50.
second; Jane Straith. lo7 o.. Gentry.
Si2c. third. Time. l:l32-5. Beauty
SHOP, Trappoid. Triad and faca also
Third--hve and half furlongs-Hot
Teddy. loo fGoose), 80, $3.50 and $3.50,
won; Glare. ll3 tCooper). 81 and $3.50.
second Katahdin. l05 tGraves), $3.50.
Inez and Diamond also ran
Fourth-mile and seventy yards-El-
Tyson, l06 lConnolly). Sl3. $50 and
S2.50 won; King CORN. loo Cooper.
100 ,Lapaille), S2.2O. third. Time.
1:4Sl-5 Rifle Shooter and Primero
also ran.
Ftth-mile and ,guarter-pif: Jr,
won. Feis. 100 Gapaille). $3.50 and
s32o. second; The Grader, l13 tConnol-
iy). SS,7o, third. Time. 2:o5 Is new
track record). Olga Star and Money
Sixth-six furlones-Brookfeld 10
tGoose). 5000, $40 and $500. won:
Lanehorne, los tAndress), $3.50 and
s. second; Originator; III tCopper).
DO. Black Thorne. Erin, Miss Fannie,
Ratina and High Horse also ran.
seventhn.mile and seventy yards
5000, $3.50 and $3.50. second Howdy
H0wdv. 40 (An,lress), $3.50 and $3.50
second; Disturber, % GunD, $3.50
third. Time, 1914. Hard Ball. Louis
Paul, Jessie Louise, Fellow Man also
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
BATTLE FOR FIRST PLACE
Il. ". Woods md Richmond Cedar
Works Will Clash To-day at
Fulton Park.

Fulton Park will he the scene this
afternoon of what is likely to prove
the hottest contested for baseball
game of the season. 7. w Woods
Sons and Richmond Cedar Works, of
the Central League. are the contending
teams. and the battle will decide which
team is 10 20 into first place
Manager Pugh of the seedmcn. will
pitch his star twirlcr. Berry Good
man. against the woodworkers Wal
ton Will be the selection OF the Cedar
Works, and as both pitchers have good
records for the season, a pitchers bat
tie is looked for.
Frank Boehl!ng and Charli. Strain
have signed up with the Seedmen. and
Will get into the game to-day. Strain
will be used III the outtield while
kochllng VIII go behind The bat
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
Miss endlinger
First "War Bride .
Becomes Wife Of Wade Court
ney, Of Richmond Blues
Battalion.

To Miss Zena Wendlinger. now Mrs
w ade courtney, goes the honor of
being the first war bride in Rich
mond. Miss WendlinEer was TO have
been married on September q. but when
the call came for the Richmond Light
Infantry Blues Battalion to mobilize.
Shc ana MIR. Courtney decided not TO
wait until the doubtful issue OF war
Is concluded. but to wed before the
Blues go away to start cavalry drill.
Miss Wendlinger is the granddaugh-
ter of Casper Wendlinger, for more
than sixty years the tailor for the
Blues battalion. and who has made
uniforms for many officers in Rich
mond who were connected with the
stats Of the various Governors, as
we'll as the officers of other militia
units Of the city.
The groom. Wade Courtney. is a
nephew OF the late Major Alfred r.
Courtney.
The ceremony was performed yes
terday III the rcctory of st. Peters
church at lao o'clock. Rev. Father
Joseph j. Magri. ID. D.. ohiciated only
members of the family and few
friends were present
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
CAPITOL SQUARE DRILLS
State Troops Get Permission
Park Until Called to
Cnmn.

Permission was granted yesterday
from the Office of Governor Stuart for
the militia companies 10 drill in the
Capitol Square. This is the only open
piece of ground near the armories. and
will prove an excellent drill ground.
The square is rolling, cut to pieces
by trees, benches and fountains, and
on this account will compel the men
to drill under difficulties. just the
thing the officers are anxious to OBJ
tain.
From this time, therefore. until the
men are at the Fair Grounds, the va :
rious units will likely he in action in
the Capitol Grounds several hours
dailN.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
UNWASHED MEXICANS
MENACE CITY'S HEALTH
FL PnsO, Frantic Over Danger OF
Typtus Infection. Asks Fed
CTnl Aid.
Especial to The Times Dispatch

tSpccial To The Times DiSpat ch.
WASHINGTON, June 23.-Unwaahed
1000 took asylum there last week.
Result is that ihc town is frantic over
L possibility OF tyrtus Infection A;,-
p.als L. lie Federal government have
been sent in from the Mayor and
prominent citizens OF the community.
All available surgeons in the Public
Health Service have been ordered there
TO cope with the situation. The War
Department has been asked TO co.
operate.
There is no present intention to put
AN embargo on travel from Mexico
into the fcar-strickcu city. as would
be justified by past precedent creating
IL quarantine against Mexico by eXecu-
tive order. There is no present inten-
ton to isolate these refugees into a
detention camp. The Federal govern
mnnt is seeking to meet the danger
in the most humane way. taking into
consideration the necessities Of these
poor MeXicans. who have been driven
over the border to seek work and food
and shelter.
The appeals from III Paso were re-
ceived "Wednesday. Assistant Secretary
Byron r. Newton. in charge of the pub
lie health service. immediately called
Surgeon General Rluc into consultation.
1t was recognized that the danger was
real not only 10 the community of Ell
PaSo. but Il menace 10 the entire coun-
try. Decision to act was made prompt
ly.
DR.. j. w. Tappan. acting assistant
surgeon of the public health service.
stationed at FL Paso. was given charge.
Orders were issued to public health
surgeons i'll the vicinity to Immediately
report 10 DR.. Tappan. II is expected
that he soon viii have Il force of twelve
competent surgeons at his direction
The War Department may he ask ed
to give tents for shelter should il be-
come necessary to establish hospitals
The War Department may be called
upon for other equipment and service.
as the eXiecnc!es develbp and require
one of the frs, procedures will be to
wash the unwashed. To free them
from vermn gasoline bath will be
applied as recognized effective mea :
sure. There may he some difficulty
in obtaining gasoline for the purpose.
and that may prove one Of the serious
problems. Also rs the refugees are
impoverished. means to feed them must
be found. The citizens of El paso may
be expected TO aid in solving this diff
fIculty
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
PlNCH-HITTlNG OPPOSED
T,un johnson, American League Presi-
dent, Says managers Making Jokes
nf American LCnKue PifcherA

CHICAGO, June 3;-The pinch hitter
craze with which baseball managers
appear to have become afflicted, has n
strong opponent In b. B. Johnson, presi-
dent OF the American League, according
10 a statement made public by him here
to-day. He declared that he favored
baseball legislation to curb the pinch
hitter habit.
Mr.. Johnson thinks that managers
by constantly shifting their pitchers
arc not only injuring the pitchers, but
are reducing the interest felt by steady
patrons OF the game In the players.
"They are making a Joke of the pitch
ers by taking them out OF the game If
couple of MT, S,; are MADE In s niSe ;.
doing we'll, to permit some bench
.tarner to strike out a man or fly out
for him." said Mr.. Johnson.
what methods can be adopted to
curb the tendency ] do not know, but
it seems as If some rational way could
Ibe found that would benefit everybody
iithout in the least handicappng the
,ager."
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
BRONCHOS RETURN HURLER
Pitcher Spudc * Sent Back to Column
hin Tcum-Wili BE Sent 10
Petersburg.

ROCKY MOUNT. y. G.. June %
Pitcher Bob Spade. who was purchased
under an optional agreement from the
Columbia club. i'll the South Atlantic
League, by the champs. has been re-
turned To Columbia. The management
at Columbia to-day advised Mana ger
Ryan to send Spade TO Petersburg
since he is TO figure in trade with
that club. The consideration in this
trade is not announced
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

publican. III n@kc,. to 5. out. won:
queen of Paradise. 100 tGurneD. to
J.. TO ?. I to >. second: Edna Kcnna
~ (Coliins). IL To }. 3 TO >. out. third.
iime. i;i6. Napier. Schoolboy and Rcd.
land also ran
SiXth-fvc furlongs-Priscilla. lOJ
!laplin). I" 9. out. won: Sea Wave.
10. second: Screncst lO5 tHnynes). =
20 TO b. out. third. Time. l:Ol D
WIFI Eyes and Rose Finn also ran
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
Ifopcwell
Totals....33 io4l4l Totais..2s II q 10
'Batted for Bennett in ninth.

Hopewell ........0 o.
Rocky Mount ......:.l o 80
Summary: Runs-Summers. Steinbrenner
Russell. Goosetrce. Kir,;.er (2) Eisel Par
malice. Left on bases--Hopewell. S: Rocky
Mount, . Earned runs-HopewciI, |: Rocky
Mount, 4. Stolen bases-Rowe. Handiboe
steinbrcnner. Russell. k!rcher. Sacrifice
hits-Goosetrce. Edwards. Sacrifice fly
Goosctrce, Talbot. TwO-basc h!ts-StcIn-
br"nn"r t2l. Simmons. Double plays-Stein-
brenner 70 Summers to Gust: Summers to
Stetnhrenn"r to Gust; Goosetrec to Marcan
10 Edwards Struck out-by Bennett, ,: by
ApD!egate J. Bases on balls-AppleEate. {.
Bennett. 5. Wild pitcA-Bcnnett. Umpire
Buckley. Time. l:3J. Attendance. i25
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
AUCTION SALES.--FUTURE DAYS
BY y. NJ. COVER
EDWARD S. ROSE co,
Real Estate AuctioneerS
COMMISSIONERS AUCTION SALE
OF
300 EAST CLAY STREET
AND
7lS AND 7l5 WEST MARSHALL, ST.

BY direction of decree of the Law
and Equity Court of the city Of Rich
mond, Va. entered June % 1915. in the
chancefy suit of Sallie NJ Grubbs ct
ais vs: William L. Terry ct ais. we
WI offer for sale. at public auction, at
the promises. ON
WEDNESDAY. JUNE IS, 1916.
at 5:l5 and o'clock p NJ, respcctiyelv
the following real estate in Richmond
Va:
AT 5:l5 O'Clock P. NJ, 500 East CLAW
Street.
Lot - feet Q inches by 100 feet on
north line of Clay Street, between
Third and Fourth Streets, with brick
dwelling thereon.
AT o'clock p. NJ. 7l3 and 715 Wet
Marshall Street,
Lot 80 feet Is inches by 146 feet on
south line of Marshall Street between
Gi!iner and Munford Streets, with Two
frame dwellings, thereon
TERMS: One-thiirl OF purchase price
10 be paid In cash, and balance in two
equal installments at six and twelve
months respectively, with interest al s
per cent on the deferred pavments
same TO be evidenced by 'promissorv
notes or purchasers. waving homestead
exemption, bearing interest from date
OF sale. and title TO be retained until
entire purchase price paid and convey
ancc ordered by court, or for all cash.
AT option OF purchasers. Sales to he
SUBJECT TO approval of court
r. r. FLORANCE.
JOHN \. COKE. JR..
Special Commissioners.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
General wenthcr Conditions.

WASHINGTON. June o3-The indi
cations are tina; there will be fair
weather In the Middle Atlantic States
on saturday and sunday. The tempera.
ture VIII rise somewhat in the Middle
Atlantic states. but viii change little
elsewhere east of the Mississippi River
during Saturday and Sunday
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
First Open-AIr Meeting.

The first of series of open-air meet
ings TO be held during the summer in
the parks of the city was held last
night by the Equal Suffrage League
of Richmond in Jefferson Park Mrs.
F.. j., Jobson was chairman. and ad :
dresses on suffrage were made by Miss
Adele Clarke. Miss Nora Houston, Miss
Mae Schaill and others.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
The Weather
I Furnishcd by L. =. Weather Bureau.
Forecast, Virginia

Forecasts NirSinin
Purity cloudy md
sOln CIV lint warmer on
saturday md Sntur-
day night.
OFT u CnrOliua-
Partly cloudy with
probably IOrRl thun-
dcrshOSScrs on Sut-
urduy md sunday.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
VIII Operate nlnst Furnace.

THPt'IhI ~ ne meS-DiSpatCh.l
BRISTOL. VA. June 23.-R Tate
Irvine and DIR. j. w. Kelly. owners Of
the. iiG stone Gap blast furnace, al
Zig stone Gap, Va. are making pre
parau"nS 10 put ii in blast The ore
supply of the nearby region is said ia
be ample to take care of the demands
of this plant.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

Rev. r. II. Egglcston. formally pas
tor of the Third Presby terian Church
or this city. and now In charge OF a
church at Columbus. Miss. will occupy
the pulpit of the Overlook Presby-
terrain Church. Barton Heights, to-
morrow morning at ii o'clock.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

Detective Sergeant Bailey yesterday
went to Honewell for Daniel Rahow. "A
Russian, who is under arrest there on
the charge of having sworn falsely in
the eHtradition proceedings of AleNan-
der Pochinchuck, another Russian. who
was wanted in Philadelphia upon II
robbery charge.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
LOSES VALUABLE BROOCH
Mrs. J. 4. Rirchett Reports That Jewel
Valued mt $3.50 In
Missing.

Mrs. j. y. Birchett OF 100 East Grace
street, yesterday reported to the po-
lice the loss of IL diamond brooch valued
at $3.50.
Mrs. Burnett Jones. of 1903 West
Avenue. reported the theft OF a watch
and chain. valued at $40
H. w. Lakewood. 1907 West Main
street, reported the loss of a diamond
ring valued at $50
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

IL noon temperature. ...... ~
+. NJ. temperature. ........... so
Maximum temperature to s +. NJ ST
Minimum temperature to s Il. NJ 80
Mean temperature. Observation-Disclosures. 10
Normal temperature for this date. ~
Dehciency in temperature. " Z
Deficiency in temperature since
March l....... NEUTRALITY-SUSPICIOUS.. 1ss
Accumulated deficiency since Janu-
airy Observation-Disclosures. 81
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
CHAMPS CONTINUE STREAK

ROCKY MOUNT. " g.. June 2S.-
The champs continued their winning
by defeating the Powder Puns. 10
2. III a listless game. in which Ben
nett, for the visitors. was often in
trouble, while .tpplcgate. for the To-
Gals was far from usual form. The
visiting finger routed seven to first
on bad ones. and was saved from !.
larger score by the truly phenomenal
fielding Of his teammates. The score.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
To-Day and Tonight
in Richmond

Memorial Hospital. close of cam
pniEn for S250,OtO. Headquarters,
SCI East Min street.
baseball international LcnEueD,
Rochester ~. Richmond. Broad
street Pnrk. 1;3O o'clock.
hand concert, william Byrd Park.
I.yric-PopuInr vaudeville, mnH-
nee. 3; night, $50 md 81.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

Score by innings: y
Newport News 40 q | n n -
Norioik ........ .......l q o u 81
summary: RunS-Crist. Walters Hartsnll
stolen bascS-''riSt Lake. Newton. Hartseil
El Mcdaniel Sacrifice hi,s---wrattcn
w hitted Two-haE hit-,rist Struck nut
ny ThIailkiii. I; Cochran. 3 Bases ON ball.
of Thraiikill. .: on Cochran. , Wild pitch
-co' hiram Hit by pitchcr-by Cochran i
I.akcI. Left on bases Newport News :.
Norfolk , Umpire. Walsh Time I:i5
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

High Constable W. H. Wyatt. Jr., AN
nounccd yesterday that he had appoint
ed Otto 4. Matzke a deputy in his Of
flee to fill the vacancy caused by the
election of T.. II. Ritenour as clerk TO
the civil justice.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
Probation omccr oun,ine,.

Policeman l.. G. Tanner qualified be
fore city Clerk Ben T. August yester-
day as probation officer of the Juvenile
and Domestic Relations Court
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

rainfall. - hours ending S l.. NJ.
behc'ency in rainfall since March
Dehciency in rainfall since Janu-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
VIRGINIA LEAGUE

second when Schultz grounded out, and
scored on Payncs single TO right.
Wratten. Sticking and Hartsell we're
the SHINING lights Of the defense. and
Pahlman led the stickers. The score:
Newport News. SOrfolk
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

Barometer treauced to sea leveD. s
a. VI. 3oI3
Barometer treduced to sea lcveD. S
J., NJ. ................. 1901
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
LocnI Observation. Mt 3 p. "

Temperature. IS: humidity. As: wind
direction northeast; wind, velocity, 3
state OF weather. clear
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24
Totals 1905 2l4 4a7 ::
How Climbers Field
Pitchers Records

.I.327 s53 SO
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-24

;, NEW LONDON. CONN. June "a
rowing the course in record time, the
harvard varsity defeated Yale here
lh'" this afternoon in the four-nlilc
race. the feature event Of the fftieth
us Satta between the two universities
J ne victory completed IL Clean sweep
oi me Thames River. which began yes.
t"iGay with the rowing of the fresh
man sub-fours and extended through
N" freshman ana second varsity Fights
races, won early this afternoon
Martinsburg W Va evening journal. [volume] (Martinsburg, W. Va.) 1913-1920, 1916-12-23
WOMEN ARE JAILED

Mrs. Emmanuel CIegg and her
daughter, Mrs Beulaa McDonoueb,
We're placed IN the Char!es Town jaiI
accused by a eoroner's jury with haHs
ing caused the death of IN infant
child of Mrs. McDonoueh
Martinsburg W Va evening journal. [volume] (Martinsburg, W. Va.) 1913-1920, 1916-12-23

Mr. Harvey Michael IT, who for the Falls " Y expected home Sun
60, pare
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-02-06
Curb Brokers Can't Make
Deliveries of Recent q
Per Cent Issue.
NONE OFFERED AT
PUBLIC SALE
Dealers viii Try to Effect Pri'
vate Settlement-Buyers
Hold Whip Hand.

An unusual situation has arisen on
the Broad Street curb market because
Of the unexpected purchase by the
First National Bank of the recent issue
OF 500. 600, 900 New York State q per
con, bonds No transactions were re-
ported until the day OF the sale OF
January 27, and then when the pid'
began to appear in the financial district
curb brokers began a brisk trading IN
the s22.0OO.OO0 hfty-year bonds.
The dealings were made on the as
sumption that the all or none bids OF
the Kuhn Loeb William A. Read or the
Guaranty Trust National City BanH
syndicates would be successful. Then
came the bid of lO3.27 Of the First Ma
,ional. which overtopped all the others
and the subsequent announcement tnat
the entire issue had been almost I'M
mediately resold privately, presumably
70 George +. Baker and Rockefeller IN
terests.
About 100000 Of the bonds were
dealt in on the curb before II was
known that there might be consider
able difficulty in getting the BONDS 70
make deliveries. This 10 the condltion
that the brokers are now racing, snc
many are short OF tho bonds, WIN the
fact facing them that they cannot get
them TO turn over 10 the purchasers.
The Stock Exchange hrm of Herrics
& Bennett has invited all parties nav
kAF, dL
ing open contracts IN the ne" pohds
10 attend a meeting 70 be held on lues-
dav, when the matter of an adjustment
will be considered A representative
of the firm explained the situation
yesterday as follows:
Those who are short of the bonds,
with no prospects of making good on
their deliveries, will have TO arrange
cash settlement. Just what the amount
of the settlement will be seems 10 rest
entirely with those who are long OF
the bonds. They hold the whip hand
for they realize that II objection IS
made 10 their demands all they have 70
DO is 10 tell the seller TO get the bonds,
which cannot be done, as the First Ma
tonal Bank has announced that no
bonds are available for public sale.
"The contracts are valid because
they were mace on 4 NneH htu nc -
issued basis. The bonds have been Is
sued; therefore either cash settle
ment must be made or the actual bonds
delivered. The situation Is unprece-
dented. and 60 We have called meeting
Of ell those holding open contracts 70
see II the demands of those who have
bought the bonds cannot be met with
out squeezing the shorts too tightly
The bond sale recently held BY the
State Controller was one OF the most
successful in tho states history. The
aggregate of the bids amounted 70 sp-
proximately s2OO,O0O,OOO. The First
National Bank refused TO make public
the identity Of the parties to whom the
entire issue was quickly resoId.
In view OF the attractiveness OF the
bonds. because Of their exemption from
state and Federal income taxes, in we'll
informed bond circles the report that
men Of great wealth like George
Baker and the Rockefellers had bought
them was believed TO be true.