davidaulloa/AmericanStories huggingface dataset:
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
BUILDING PERMITS

. G. Schuman, owner. Location, Eva
side Of Richard. street, 200 feet makai
from Merchant street. Shed. Gus
Schuman, builder Estimated cost,
$500.
Mrs. NJ. F. BTanco, owner. Location,
Eva makai corner CT Magazine and
Spencer streets. J. HOlmberg. archi-
tect. \. ]. Rodrigues, builder. Estl-
mated cost $500
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The Observation-Disclosures steamer
Mexican arrived at Port Allen yester.
day morning, and is loading sugar to.
day She win steam Saturday at noon
for kahului and Hilo and will leave
the latter port Wednesday, May a,
for San Francisco. with $4,000 tons Of
island sugar for transhipment by rail
to eastern refineries.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
BRITISH ASSOCIATION MEETING,

The regular annual meeting of the
British Association formerly British
Benevolent Society will be held in
the makai pavilion of the Roof Gar
den, Alexander YOUNG Hotel OF
Wednesday, May "a. 1915. at 1880 p. m.
Election of officers.
":.~:.. Z. l.. S. GORDON,
- ~" 49, ~.+. Chairman.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
PASSENGERS BOOKED

Per IL. str. Kinau, for Kauai. May
ISM. + Rodrigues. Miss NJ. Clark,
w, Chong. c. A Franz. c. H. Theaf.
II. c. Brown. II. w. Kinney, A. F..
Wall, Mrs. Harvey, Mrs. Kaiwi and
party.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
MID PACIFIC MAGAZINE
~.~ GOES SOUTH TO BOOST

Nearly a ton Of back numbers Of
the Mid-Paeific Magazine, aecompan-
led by a quantity of descriptive liter
allure, was despatched to New Zeal
and BY Alexander Hume Ford in the
steamer Niagara yesterday to be. used
by the Union Steamship Company in
its campaign To poDularize Hawaii as
an all-the.year- round tourist resort.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

George Edwards republican, was
elected mayor OF Kansas City, over
Henry Jost, democrat, after one Of
the hottest election fights there in
years.
According to a statement of the
Federal Reserve Board, gold imports
into the United States from Jan. | to
March Il amounted to more than s2S,-
$4,000,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
PASSENGERS ARRIVED

Per IL. str. Claudine, from Maui.
May lS.-K. Hotta, H. w. Kinney. q.
II. TIIlock. s. Nj Kanakanui, Mabel
Lum. Miss Yin Tai, Ching Sing. Geo.
Soper, S. Kurasaki, c. A. woode, A.
+. Johnson, E. Brecht, A. F. Cooke, S.
WedassJ, Fukuya.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The latest schedule of the T; X. K.
called for the Tenyo Maru to steam
from Yokohama May Is which she has
done The old schedule from which
A. & BIS shipping calendar had TO be
printed three months ago had her leav.
ing May Is. She will arrive by the
new schedule May O.. a week from
today. and steam for San Frangi5e,
Friday morning May &c H. =.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
Order of Notice of Petition For Allow
ance Of Accounts, Determining
Trust and Distributing

Order of Notice of Petition For Allow
anee Of Accounts, Determining
Trust and Distributing
the Estate.
On Reading and Filing the Petition
and accounts Of William T. Garden,
administrator of the estate of Ben
jamin H. Watkins, deceased. wherein
petitioner asks to be allowed $2733 SO
and charged with S3450.55, and asks
that the same be examined and ap.
proved, and that final order be made
of Distribution of the remaining prop
erty to the persons thereto entitled
and discharging petitioner and sure
ties from all further responsibility
herein; =. ....... ..
1t is Ordered, that Tuesday, the
9th day Of June A. D. 1916, at 9
o'clock a. m, before the Judge pre-
siding at Chambers of said Court at
his courtroom in the Judiciary PUilG-
ing, in Honolulu. County Of Honolulu,
be and the same hereby IS appointed
the time and place 70" hearing said
Petition and Accounts, and that all
persons interested may then and there
appear and show cause if any they
have, why the same should not be
granted, and may present evidence as
to who are entitled to said property.
Dated the 18th day Of Mat. 1915.
BY the Court
lSeaI) CHAS. N. HfTE,
Clerk Of the Circuit Court OF the First
Circuit
647S May Is. %, June /,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
Sugar 6.46cts.
Henry Waterhouse Trust Co.
t. Ltd.
Members Honolulu Stock and Bond
Exchange. ...@.- i.
-. Fort and Merchant Street
......'-. Telephone 1908 ~

Next mail for San Francisco will
go at o'clock Tuesday afternoon on
the Oceanic liner Sierra, mails clos
ing at $3.50 at the postoffice.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

IN THE CIRCUIT COURT, FIRST
Circuit, Territory of Hawaii-In
Probate-at Chambers. No. P. 49,.
In the Matter of the Estate of Ben
jamin II. Watkins, Deceased.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
NOTICE.

Honolulu, Nay IS, 1916
Pacific Sugar Mill stock shares now
divided into $40 par value shares.
Capital the same ".. ,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

vite, P. l.. is nearing completion. 1t
is expected to be in operation by July
and will be able to communicate with
Washington, probably by RELAXING
from the Pearl Harbor naval station
wireless plant, the two towers for
which are now practically done. -
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

Latest sugar quotation: 90 deg
test, 6.46 cts, or $12s.2o per ton,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The U. S. navy collier Proteus, Capt.
R. J. Easton, is steaming direct to the
Atlantic coast, presumably Norfolk
navy yard via Panama She win not
call at San Francisco The Proteus
arrived Monday from Oiongapo, P. L.,
calling at Pearl Harbor for water. She
left yesterday afternoon at o'clock.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18
SIBERIA SKIPPER
SEES TORPEDO
SINK AVON

Anything but monotOnOus was the
winter passed by the, former Pacific
Mailer Siberia in the munitions car
rying trade between New York and
London. A letter received in San
francisco from Capt Adrian K. iced
eT, commanding the steamer, has been
printed in the Chronicle.
Written at sea just before reaching
New York on hts latest trip, the let
ter tells how, Capt Feeder overlook a
torped6ed British crtiser, which ask
ed to be towed into Queenstown, as
her machinery was entirely disabled
The weather was bad, he said, and he
could not tow the warship, but sent
out wireless calls and stood by until
other, British cruisers came to the
rescue. \
Passed Through Wreckage.
. At another time, on the same trip,
he was within a short distance of the
British steamer Avon, which was tor
pedeed. THE concus5ion was deaf
ening at the distance we wera," he
states, and | don't see nov any one
could have been saved. i little Later
we passed through her wrechage, then
were overhauled by a British cruiser
and ordered to anchor On account OF
danger from submarines.
All the time there wSs 4 seaplane
lowering overhead; so one has a
chance of getting something here any
time" ... @..--..s
C,:pt. Feeder says that lie will stay
in the Atlantic until the last of the
year, but hopes to see the time when
il will be possible to get the Siberia
back in the shape she was in the
Pacific Crews. he says are ineffi-
cient, and they have to take any men
they can get. - r.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

Between Boards: Sales: 100, 100,
loo, 345, 155, 10, 10, s., 500, 40, $50.
40. 80, 20, rs, 40 Olaa, %; 100,
leo McBryde, 14B; 200. go, so, 20,
As, 100, 100, 100, 100, 100. 100, 100,
loo, 100, $50. So, Is, 20, 10, 230,
2O5, %, 500, $50. 20, 50, 10, 6S5; 275,
$50, $50. so, 1875, 175, $50. 200. ITO,
80, 50. 50, %. 500, $50, $50, 250, so
MeBryde, Is; so Mutual Telephone
Co, 2OA; 10. As, 80 Eva, 33%;
10, II. c.. & s.. Co, 55R; 10, 10, As,
20, 20, IA, ) Oahu Sugar Co., 81;
300, 800 Oahu Sugar Co, 37A; %
Pioneer, 501S; 80 Pioneer. 81; 10 Ono
mea, 5S12; $1,000 Oahu Sugar Co. IS,
los; 30 Hon. B. & NJ. Co., 1871.
Session Sales: 10 Eva. 33A;:: %,
@; l6s, so, 50, 80, 800 MeBryde, Is;
), As Eva, 33k; % Olaa, %; 100, Is.
- 20. McBryde, Is; 100, 100 Olaa,
217s. -. ... =. ..."~ ......
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

Collector of Customs Malcolm A.
Franklin yesterday appointed Walter
V. Kolb as sampler and verifier, to
fiji the vacancy caused by the promo.
ton of Rcinhold Friedersdorf to ex-
aminer of merchandise MIR. Kolb was
formerly in the customs service as day
inspector He is captain in the
National Guard ..~...a T.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The government radio station at Ca,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The American barkentine Charles
f. Croker, Capt p II. Winter, mas
ter, left for Australia at 5 O'Clock yes
5erday afternoon after making repairs
to her sail hosting engine and taking
gasoline for it. This is the first call
made at Honolulu by the vessel since
May n. 1911, III. --... .
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The Inter-Island steamer Kinau
yesterday brought from Kauai II cab
in and 20 deck passengers. Inward
freight included 1854 bags of Lifue
sugar, 1916 bags of Grove Farm. sc
bags of Hawaiian peas, horse and
SO packages of sundries. II.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

Sydney Jordan of the Hawaii Tours
Company says several parties of Pasa.
dena and Los Angeles tourists are
coming on the Matsonia Tuesday, and
have arranged to make tour of the
city and take the round-the-island
trip while here, also to see Kilauea
volcano .|
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-05-18

The o. S. K steamer Seattle Maru
here Tuesday on a special call to
clean up steerage congestion, is steam
ing direct to Yokohama and Kobe
She will not make any stop at Hong,
kong. The steamer took considerable
scrap iron and metal from here.
The Detroit times., 1916-05-12
WHEAT PRICES
TREND UPWARD
Market Rallies at Lower Level
When Commission Men
Men Buy Heavily

CHICAGO. May l2.-wheat prices
were up today. despite a lower open
ing. The market rallied at the low
er level when commission men
placed heavy buying orders. South.
west rains were responsible for the
early decline. May wheat was up
SIC At 116 31s; July up SIC at
III; September up 5-Sc at 116 7-8.
The corn market opened easy, but
a firmer tone developed In the mar
ket on the strength in the mar.
frmer cables from Liverpool. May
corn was up LAC at "A 1.2: July
unchanged at "a l-S; September up
1-8c at 73 1-S.
Oats showed little change In
prices over yesterday. A small drop
was recorded early. but the market
rallied TO yesterdays level when
gains we've made in corn and wheat.
May oats was up l-Sc at AZ rs; July
unchanged at 43 1-2; September up-
changed at 40.
Provisions were fairly steady, a
strong hog market developing a firm
andertone. May ribs was unquoted
In ehe early hours.
The Detroit times., 1916-05-12
Louisville Entries.
EOR SATltRnAY.

riTss race p!sfse' sw.ss nsen
bourbon Lass. Carrie Louise. Ginger
Quill. Sun Flash. Birdlore, Juvenile.
Moleris. Alone at last. last. ~;
and up, furiongs--x fmpr essive- %:
vachei Worth. 100; xTillotson. .xWan-
da Pitzer. 1O7: Taleton P.. Blackthorn.
Luke Mae. xRoyal Tea, Miss Declare.
liz: Grosvenor. ia.
Third race, 2-year-osds. colts and
geldings. AZ furlongs--F. c. Cole.
109: Deland. Quiz. Broomsweep. lie;
Frigerio. George G, Love. lis.
Fourth race. handicap. 3-year- olds
and up. 6 furlongs--Old Koenig. Pol
istena, Fortnight. 100; Dick Williams.
102; Chalmers. Chicle. los: Bank. So
lar Star. 10: Marion Goosby. liz:
Prince Hermis ii5 Hodge. Water
Blossom, 120.
Firth race, The Kentucky Derby. 3
entry: Sst. isidor. III. George smith.
Lena Misha. Huffaker. Kinney and
Bulsc, John Sanford entry. Thund-
erer. Dominant, VI, r. Whitney en-
try; Dodge. Franklin. III. Weber and
Ward entry.
Sixth race. selling. a-year- -olds and
up. 1-ls miies--xMiss Fannie, 81,
Moneymaker. %; London Girl, i0s;
suppression. 10s Charles Francis, st.
Charlotte, 1et: Guidepost. NHardball.
10e: Coreopsis, 10s
Seventh race. selling. l-year- -olds
and up, I LIS miles--Shyness. 102:
STsrookfie;d. 103:. Fly Home. star OF
Love. Lndenthal;; iot: Syork Lad.
Camelia. Jessie Louise l06; Sleeth,
los: Irish Gentleman. III.
XApprentice allowance claimed.
Cloudy
The Detroit times., 1916-05-12
TRADING FAIRLY LARGE
WITH POOL AND CLIQUE
OPERATIONS UNCHECKED
Stocks Ebb and Flow Within
More or Less Narrow
Limits

NEW FORK. Nay 1.-THE New
York Evening Sun financial review
today said:
Tho forenoon and early afternoon
trading IN the stock market today
ebbed and flowed within more or
less narrow limits and was uniunu-
encsd to any appreciable extent BY
the overnight pews developments.
Tho conclusion Of the border confer
ences between Gen. Scott and Cen.
Obregon left Mexican Affairs for tho
time being in . sort Of interregnum
pregnant with unsettling possibil-
tiles which served perhaps to deter
public participation and enhance the
professional character OF the mar
ket Pool and clique operations
were In full swing with pronounced
effect on some OF the specialties and
with continued prominence some
what less vigorously pushed than
on Wednesday, In the lower grade
railroad issues. The volume OF trad
ing was fairly large with q weekend
settling OF accounts and not a little
short covering.
Attention was attracted to the
preparations for the preparedness
demonstration tomorrow and there
was considerable interest manifest
The Detroit times., 1916-05-12
FRANKLIN PLANS
NOVEL BUREAU
bort Manager Will Have Infor.
nation Clearing House for
Autoists

Detroit bort owners are soon to
have the aovantages Of a clearing
horse for information about their
cars, according to George w. Frank.
lin, Detroit and eastern Michigan
distributor for the Dort.
Mr.. Franklin believes there Ii
big feld Of usefulness for such
bureau In Detroit, and particularly
30 for Dort owners. His idea is
that these owners can be made the
recipients Of Q bulletin from the
FRANKLIN company each week, for
instance. that would give them use
full and beneficial advice on the
care OF their cars.
This plan Of suggestion to the
owners would not attempt to 80
into technical subjects and cover
such thinsr "a properly belong to
tho service department. But II
could operate helpfully. the bort
distributor contends. In many ways
TO direct the owners attention to
things be ought to do for the best
service from his car. but which he
will neglect doing II these things
are not sttractively called to his at
tcntion.
take the radiator right now, a.
an example," Mr.. Franklin says.
This II the time when the radiator
should he given what We might
call It's spring tonic. Owners have
used alcohol and anti.freese solu-
lions In II. throughout the winter,
adding the mixture during the cold
season ~ II was needed. Right now
II would BE- 4 helpful suggestion to
Dort owners to advise them to give
tho radiator thorough cleaning.
They should drain II with the en-.
gine running slowly. until the water
coming through was clear.
"Such things as this are outside
the service department. and for
that reason they are never attended
TO because no one ever tells the
owner TO do them. II helps the
owner. OF course, to help him check
up, will express II, on things that
he should do fo- the best car per-
forfnance. There is q clear divid.
.ng line on these things that are
inside and outside the scope OF SER
vice. AMI the dealer who has the
lest interests Of his owners In
mind can IN this way do them lot
Of good. TIE fact is. helpful hints
Of this pature would keep the own
cr's car in such condition that con-
siderable trouble that does come
Inder tho head OF service would be
avoided. because the car gets into
trouble mostly through the lack Of
attention to some things that are
viewed ~ unimportant. but whid
- - sesious dimcultiss."
The Detroit times., 1916-05-12
after EvE
BREAK IN final GA|
WITH DETROIT TIGE|
Veach Again in Uniform an
Will Be Ready for Wash
ingtOn Series

ing Cobb. Hcilman walked. Hsl)G
stole. Latote threw out Burna
run. one hit. no error. " 4 y
ATHLETICS-Witt walked % e.
pitched balls. Schang also wol
Strunk sacrificed. Witt TO B1ruo.
Innis hit to James. and witt Xoost4
down. James to Stanage 70 Yio&
Burns. Schang went 20 thtP1 r.
McInnis TO second on the play. IL
struck out. No run. no hit. 20 ~
Second Inning.
DETROIT-Young singled thg0o
Pick. Walsh lost 6tanage'e NJ .tvDx1
sun. and IL went for q single, Yoo1(
taking third. James WAS caIie4 Z
on strikes. Stanage stole. 0flo
ran in hack OF second base an1 T
Bush's ny. Witt walked. fllItn1 N
vases. Cobb went out TO McIuniGki
run, two hits. no error. As
ATHLETICS--Wals walked q
singled to right on the hit aA4 e.
play. sending Walsh to third. oI
bauer hied to Crawford. and fho
ter's throw-in prevented the ftnn
from advancing. Croweu struook III
Walsh and Pick tried . dOubIo t
and Walsh was caught. on third D0
age to Young TO Burns 70 witt W
run one hit, no error.
The Detroit times., 1916-05-12
BANKER TELLS of.
CLEARANCE PLAN
+. C. Upper. Federal Reserve
Official, Addresses Asso.
ciation

"The federal reserve bank 10 CO
operative institution. and, like any
other cooperative AFFAIR. It's success
must be measured by the earnest.
ness Of the cooperation Of the mem
bers composing IT," said 7. O. Tup'
per. vice. governor Of the Kansas City
Federal Reserve bank. speaking be-
fore the members Of the Association
Of Reserve City Bankers In the Ho-
tel Statler. Friday.
"When the federal reserve bank
begins the handling Of country
checks. it will be undertaking a
work from which there will be no
profit to us as q bank, and for
which, for the present we may re-
ceive very little thanks. look for
ward to q period Of stress and az
gravation.
1T will Immediately occur to you
to ask why we do 1t. We do 1t first
because II Is q part Of the law, and
we have undertaken to put the law
into effect.
"The federal reserve banks are
banks organized for the purpose OF
holding reserves. The collection OF
country checks is so interviewer
with the maintenance of reserve bal
snces that 1t would be impracticable
at this time to separate them.
The banking business Of this
country has developed the use OF
the individual check to such an ex-
tent that a system that does not rec
cgnize this fact cannot adequately
serve the members composing IT,"
Mr.. Upper told Of the detail OF
the check clearance plan of the fed.
eral reserve system. which Is to
take effect June 15. 81
For the enlightenment OF the
hanksrs. sue f4-tSGmnG rsSSG1InuBsSi
OF the ~ federal resefvs banks were
in attendance 1t the meeting. and
told OF details OF the collection plan
that now is being worked out.
The annual banquet of the asso-
citation will be held in the ball room
of the Statler. Friday night. when
the members will be addressed by
former President William Howard
Taft.
The Detroit times., 1916-05-12
Grain and Provisions

DETROIT. May i2.--Close: Prices
were iac lower at the start here and
the tone was weak in Chicago. Liv-
erpooi was strong and quoted higher
Indiana sent in a lot Of Hessian ny
damage news. but the feeling In the
wheat market favored lower prices
news. The chief point % werk,nS s for
bearishness was the Improvement In
southwestern outlook resulting from
recent rains. There are stiif many
ed. slthoueh rains have done a lot %.
ssa issE Ies sa sa2rt !etsFs;t & dSifx N xasb \
fa.s Sayns y eS's1A siy Ss. ..t.S :pd
iish wheat on . higher. level.
an active demand and buyers were
ments recently have been disappoint-
ing and most OF the wheat Is headed
Tor the continent. IL Is shown that
European wheat acreage Is smaller
scarcity of help and the general out
look for homegrown grain Is poor.
resulting I'm an increase In buying OF
foreign grain:
east reports little fresh export buy
ing and business Is quiet in the lead
ing milling centers. Demand Is slow
In this market.
Milling demand for wheat ia In
creasing and cash trade here is gain
ing activity. The market was easy
at the close with prices y a &c lower
than Thursdays close.
Corn and oats declined iAc. Beans
advanced sc. The seeds were un-
changed.
Fridays wheat quotations.: Cash
No. 2 red. $l.221a July opened with a
drop OF nc at 81 23. advanced to
tember opened at si.2?1; advancsd to
white: sI.I7h; Fridays coarse grain
No. 3 yellow. &c asked; No. yellow.
Rye: Cash No. ). s5c. Beans: fmme-
diate. prompt and May shipment.
1926: June. 81. Seeds: Prime red
slower clio, ,u,sy and prime aIsike. 'ssS' prime
Receipts I'm the Detroit market Fri
day Included 1000 bbls OF -four. Q
cars Of wheat, 8 of corn and 2 OF
oats. Stocks are 1000 bbls OF -four.
1900 bu of wheat. 1000 bu OF corn
and 1000 bu OF rye. Stocks are 1885,
900 bu of wheat, $4,000 bu OF corn.
3S5.500 bu OF oats and $1,000 bu OF
Primary wheat receipts were s15.-
900 bu. compared with $4,000 bu
: Exports Of wheat and -four Friday.
! 1.072.000 bu.
Wheat receipts Friday: Duluth. 1s
cars. against ~ year ago; Mime
apolis. 23s cars. against 129; Chicago.
si cars, against fa; southwest. 16s,-
900 bu, against 1926 bu.
The Detroit times., 1916-05-12

PHILADELPHIA. May 12.-With
the count two and one for the series,
Jennings used James this afternoon
in the final game with Macks Ath-
letics. Crowell opposed the Tiger
twlrler.
veach has tanned the nerve in his
liberated tooth, and was out for
practice before the game. He ex-
poets to be back in the lineup for
the Philadelphia series.
First Inning.
DETROIT--Bush was called out on
strikes. CrowclI threw out Witt after
knocking down his fierce drive. Cobb
walked. Cobb stole. Crawford banged
The Detroit times., 1916-05-12

TO PAY DIVIDENu# u
OF 80 PER CEN

Stockholders of the Paisc-DetpoI
Motor Co. will receive q stock 6115
dend Of so per cent, the cGp1xW
stock of the company viii ~ =
creased from $1,000 900 to 2.o00, ~
and rbe par value or the stock VIII
be lowered from s100 10 $40 =
recommendation OF the directors
agreed upon Thursday afternoon. ~
ratified In a general atockholdef0
meeting. which has been called w
President ". NJ. Jtwctt for May ~
The dividend will be 80 per c4n&
Of the outstanding capital stock a.
$500,000, and will be issued ffomk
sj0G,oo0 OF the authorized capit1f
that has been held &: he trrasusy.s Il
The Detroit times., 1916-05-12
JAMES OPPOSES CR0WEu
REQ ACTIVE;
PAIGE GAINS
These Stocks Lead the Local
Market In Sensational
Advances

Following the announcement that
Paige Detroit directors had recon-
mended stock dividend Of so per
cent, that the capital would be in
creased from 100000 to $1,000
900 and that the par value would be
lowered from 500 to SO. the stock
jumped sensationalIy on tho Detroit
exchange. Friday. At the morning
session 1t was bid for 1t $50. and
offerings were at 1850. There have
been no sales In several days, the
last having been MADE at 865.
On the basis OF Is shares of the
new stock for one Of the old. the
value Of The new shares will be &c
or slightly more When this new
stock gocs on tho exchange, Satur-
day morning. 1t is expected that 1t
will sell at about so.
REQ Car was the sensation Of the
day, adding to its previous substan-
tial gairs. 1t was quoted from
Al 3-4 to 43, and the sales on the
floor, which amounted to but q few
hundred shares. were ~ and slight
ly higher.
Packard common continues strong.
The bid was $50. with none offered.
This was considerably higher than
on Thursday. The last sale was
recorded at IFS.
Towar's Creamery Is another OF
the loca. stocks for which there has
been kech demand. II Is sought at
SO, with none offered.