davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
FINANCIAL NEWS
-. AND COMMENT
Stock Market Makes a Further
Display of Strength in an
Active Session.
CLOSES At THE HIGHEST

Wall street ended a trying week yes
tcrday in u mood Of decidedly optimistic
checrfulncSs The stock market was very
active and the large volume Of business
represcu,cdx confident trading AT prices
rising rapidly from a further level Of
substantial recovery. The close was
characterized by animation and pro-
pounccd strength. with quoted values
rulinr at the best Of the day.
Stocks were IN very great demand at
the opening aud for many minutes
thereafter. 50 much 50 in fact the tape
record OF quotations was for u Ions time
Tar behind the actual market. The same
rhcnomenon was repeated IN the Iate
dealings. Opening prices were NJ a re-
markablc gain over Friday nights close.
the advance being even more extreme
than the declines which took place at
the outset of business on Friday. New
erthclcSs the extent of early gains pro-
vl,ied no Influences fot a weakening OF
the market or even "A material setback.
Liberal realizing sales were attracted.
but the inquiry for stocks increased ana
important, buttons to IT. were made
by tho necessities of the shoytoiuterest
which had proceeded To renew IT'S COM
mltinents late on Friday.
Advices and arguments OF n hearish
character purporting Ia he based oil
Washington Information were industrt-
ously circulated. hut a large incredibly
was manifested IN regard To all peSsi-
mistic predictions of NdShtngtou action
in response to the German note. Early
in the second hour 1t became apparent
that buyers were taking "A fresh grip OF
the market. and des pite the continuation
of profit taking sales steady progress
was mad" IN Improvement w to the
close uf trading. Mexican Petroleum
and other sccusitios favorably affected
by the understanding reached between
Washington and the Carranzistas re-
specting tn" further operations of our
forces in Mexico were conspicuous
leaders IN the late dealings. but the
real featur" OF the market was the
general advance all along the line OF
Industrial descriptions. Net gains at
the close displayed in most cases a very
extensive rise from the sharp advances
scored at the opening.
All the aspects Of the session sug-
gested that a generally broader interest.
including n moderate return of public
participation. had been stimulated in the
market by the recent unsettlement and
activity with the accompanying reNela-
ton made of the strong position OF the
share list. The week end trading de-
served to he regarded primarily az an
emphatic response to the many factors
Of expanding value which have been per-
sistently set forth in the returns OF cor
porate earnings. foreign trade state
mcnts and the like. together with the
fact of u banking position of unprece-
denied strength such a espon was
made possible by the reactiouary proc
esses OF the last few months. which
placed In the stock market in a position
10 reflect the Stimulus furnished by the
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07

'ES dividend
Where n &c" follows
n QUO, alton u inii-
Gates q bid or ofer
fN ten sharse.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE CURB MARKET.
stocks Open strong ana Active
New Confidence.

wall Streets assumption that Germ any's
reply 10 the Presidents ultimatll m Will for
the time being avert a break the
two countries ecrvcd - . market in4uence
on the Broad street curb yesterday, STOCKS
opened etrong and active. with the atlantic.
tiilf and West Indies shares featuring. The
common was in good demand. II sold up
to I4a.. q net advance OF ga points. and q
new high record price for the year. The
preferred also Is, Established a new top price
when II sold at 53is. compared with u closing
of 5gss Friday night.
Another strong spot was Chevrolet Motor.
Though DEALINGS IN this stock we're com
parativcly moderate the issue again sue
cee'icd IN touching q new htgh record, selling
at .ps. an overnight gain of I points.
Mldval steel and Cuba Cane sugar com
mon showed "a good turnover. while both
stocks moved IN ! and q. points rcspec-
lively Actena Explosives Battered ITS price
somewhat. while 81. Louis. Rocky Mountain
and Pacific advanced . points.
independent oils ruled strong and active,
with interest centring upon sinclair OIL,
wayland Cosden Refining. Metropolitan
Petroleum and United Western.
Heavy selling Of Chesapeake and Ohio g
caused the bonds TO react a full point. win
n martial recovery ut the close Midvale
Steel - also declined " OF a point.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
MONEY AND DISCOUNTS.

TIME LOANS
~ days .2is months 81
u days. ga 3 . months = az
q months. 3 81
CALL LOANS
High q Low -. Last y, Renewal rate ~,
CONMERcIt PAPER.
Best Names Othm Names.
-Four u SIX mos 49,. .3d3ts .....
% N an days ...... 500 ....,.
BANK ACCEPTANCEe.
. days 80. .2',12t+9 90 days .....2k@2is
Reserve Bank Discount Rat~s.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07

The New York Central Railroad Com
pauy announced yesterday that IL had
completed arranccmcnts Wit the Great
Lakes Transit Corporation, which has
taken over the boats Of the Western
Transit COMPANY, for IN" handling Of
through freight To and from CHICAGO,
Milwaukee. Lake superior ports and -.
Paul points via Duluth. The ARRANGE
m"nts will 60 into effect tomorrow. The
new route will he known as the Western
Transit Line aud takes tho place of the
Western Transit Company.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
TRUST COMPANY STOCKS.
NEW CITY 7

Security Rate Paw. Due. Rio unrr. Yield.
NI,Iy a Ms sept. ! - iol rs l0i,. 200
Ny City @ MS Sept. IN lo3 l-i6 1851 3.37
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
DISMISSED NURSE A SUICIDE.
Pittsburgh Girls Act Follows Her
Mistake in Giving Medicine.

PITTSBU RICH. Pa. February 5.-Tha
body of Miss Hazel Schoenfelt. twenty
years old. of Altoona was found float
ing in the Alleshen river here today.
Miss Schoenfelt. who was :'ident in
the school for nurses at the Allegheny
General Hospital. yesterday gave medi-
cine prescribed by one of the hospital
physicians. to the wrong patient.
According to Herbert Beamer. who
Yesterday relinquished his position as
superintendent of the institution, and
who identified the body. MISS Schoen-
felt admitted her error and was dis
missed. She at once put on a heavy
coat. ana hurrying to the river. three
blocks away. walked into the water
until II covered her head. Pedestrians
who witnessed the act from a bridge
were unable to save her, and her
identity was not disclosed until the
body was recovered.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
May Transfer Capital.

The Carranza government in Mexico
proposes to make Queretaro the pro-
visionai capital of the country, accord
ing to adVices received last night at
the state Department. Mexico City will
be the capital of the federal district
only.
DenlalS that any American citizens
have been killed in Ejut1a district or
in any other part of the state of oaxa-
ca have been received by the depart
ment from oaXaca. No Americans are
reported missing in the state of OaXa-
ca 1t was reported in press dispatches
that bodies of American citizens had
been seen strung up Oh limbs of trees
in that part of Mexico.
AdViceS from FL Paso dated Friday
state that no trains are running out
Of JuareZ. and that communications
on the Central line viii be suspended
for a few days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
MOTOR BOATMEN
SUFFER FROM
BOOST IN GASOLINE

The present high price OF
gasoline and the fact that
many boatmen believe it will
be a long time before It IS
much cheaper are causing own
ers of gasoline power cra!t
that can be fitted with small
steam, engines to think serious
" of making the change.
1t is probable that a number
of boats now equipped with
gasoline power will in the
spring be changed to steam
craft. Another effect the high
price of gasoline is having is
that of preventing the building
of new pleasure craft. Usually
at this season several new
boats are in process of con-
struction for Washington own-
ers, but as far as can be ascer=
tanned no new vessels are being
contracted for.
Should the price of gasoline
remain high throughout the
summer the activities of the
pleasure fleet will be curtaifed
to a considerable extent, and
boats will be used only when
the owners wish to go some=
where for surety, and not for
frequent evening Joy rides. 1t is
stated that il now costs a Nes=
sci owner more to shove his
vessel frcn. down river to this
city with his power tender
than the tugboats charge for
towing them.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
Sugar Nets S4o.Oco,oCO.

Some democrats on the committee
the tariff commission and sugar bills
until party leaders have worked out a
definite revenue program. AS sugar
would go on the free list MAY l unless
the repeal is passed, however. sepa-
rate action on that bill at least prob
ably will be recommended. About
$40 900 900 is derived from the sugar
tariff annually.
Representative Hills bill for pro-
tective tariff on dyestuffs will be dis
cussed at "A conference between Presi
dent Wilson and Chairman Kitchin
some time this week. and it is under
stood they may go over the entire rev
enue situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
State Department Rifle Club.

Employees of the Department OF state
have organized a rife club with the FOL
lowing officers President. William Walker
Smith; vice president. Leon J. Canova /;
secretary, Cha-les w. Williams, treas
urer, Joseph W. Mcmahon: assistant
treasurer Miss Ethel q. Christensen ::
executive officer. Wallach A McCathran
Maj Phillips and Capt Harlee. T. S.
NJ c., were present at the meeting of
the club and explained the purposes and
plans of the organization, which is to
meet once d month at Winthrop, Md.
for target practice.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
The Old and the New.

The elder man Of the pair WAS OBJ
viously q prosperous Mennonite farm
er He wore the wide black hat, the
shapeless black and bUttonlcss clothes
and the luxurious whiskers of his sect
II is true that he had & tight-lipped
strong mouth and that his eyes were
steady in their regard. But he was out
OF place in his environment. He
seemed to eye mon and things with
d 'strust The younger was dressed as
all young Americans are.
Not many years ago" continued the
banker "the Neuuonites used 20 bury
their gold and silver in their back
Yards because they distrusted banks
That old man at the window owns a
good bunch Of our bank stock His
son is the cashier OF the bank in his
section"
This change In western ideals-or. at
least. in western practlce--is OF prac-
teal interest because OF its bearing
upon national prosperity in 1916. The
latest slice OF the west is tributary to
Kansas City. The wonderfully rich
state of Kansas state in which farm
land averages higher In value than in
Ohio or Pennsylvania or New York
lies at It's door. Oklahoma and the
Panhandle OF Texas trade here, as well
as good share of Colorado, Nebraska
and Missouri Cattle come to the Kan
sas City yards from as far away as
Idaho. This entire section has enjoyed
the sort of a year farmer might
dream about.
Usually pork prices are high during q
cholera year. when Piggie enjoys
bursting health his marketable value
declines. Last year there was no cholera,
but pork has rarely brought better
prices. Farmers reported good aver
age crops" through this section. They
rarely report anything better. Wheat
has hardly been marketed at all at less
than 81 The farmer has borrowed
Money rather than sell at less than he
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
Among the Last
Official Papers
Lincoln Signed
Note Directed Judicial APP
pointment for Man Now
Living in Washington.

Examining old records of the De-
partment of Justice recently an inter-
esting Lincoln document. involving the
appointment of a man who is still alive
and is a resident of Washington, Will
liam Z. Kellogg came to light under
the eyes of Assistant Attorney General
Warren The document is a note on a
small octave sheet of oldfashioned.
ruled writing paper. The message reads
as follows:
Executive Mansion.
April l3, 1865.
The Attorney General:
Dear Sir-Send me commission Tor
W. 7. Kellogg to be judge IN Ne
braska in place of William Kellogg, re-
signed. Yours truly A. LINCOLN.
Day Before Assassination.
The note is dated the day before
Wilkes Booth assassinated the Presl-
dent in a box at Ford's Theater. The
Endorsement on the reverse indicates
that the appointment was as chief JUS
tice of the territory of Nebraska. vii
liam Kellogg, resigned. ana v" r.
Kellogg who received the new com
mission, it was deVeloped' are one anu
the same person.
He was appointed chief justice of Ne
braska in 1861 by President Lincoln.
While practicing law in Illinois he and
Lincoln became fast friends.
Judge Kellogg, granted leave OF an
sence from his judicial duties by the
President. raised a regiment in Illinois
He resigned as chief justice in 1859 and
vas as the autograph Lincoln docu-
ment discloses, reappointed win MS
middle name, Pitt, written INTO ms COM
mission.
Soon after, Judge Kellogg again re-
signed to accept the post of collector
of the port of New Orleans. He be-
came identified with the history OF
Louisiana through reconstruction days,
serving ten years in the Senate and
later a term in the House of Repre-
sentativeS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06

thinks his grain is worth. Forage
crops have never been better and the
corn crop was excellent. In the dry
belt land was not salable at so little
as So an acre not long ago. Last year
the crop, by dry farming" methods.
brought s25 an acre over a good part
of this territory.
The dry lands do not produce as
many crops" said one farmer. but
when a good one comes it pays.
Farm profits are the most consider
able but not the most spectacular this
favored region has garnered. The Oil
districts have fairly gone mad because
of the number of new wells that have
come in and the price the product
brings. Down at Tulsa. Okla. no one
mentions sum less than S1.o0o.oOo.
The Hobbies of the hotels there are said
to resemble New York's curb market
IN its maddest moments
Il know one man." said a banker.
who was just a well driller a little
while ago Didn't have anything but
kit of tools and some oll-Soa ked
clothes. Now he is worth between
100000 and 100000. The worst of
it is that s1.50O.00o of this is in cash
He doesn't know what to do with it,
AS fast as he decides on one investment
some one comes along with a better in
vestment and he changes his mind. The
responsibility is making an old man
of him
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
OIL AND WHEAT RULE
IN THE MIDDLE WEST
Profits Produce New Capital
lists, Who Are Growing Up
Like Mushrooms.
WEALTH FOR OKLAHOMA
IN FLUID OF THE WELLS
High Prices and Big Yields of
Crops in Kansas. Missouri
and Nebraska.
As Seen From Kansas City.

1915 was the most prosperous
year of the vest
Crops brought more money. Oil
and metals doomed.
1915 promises to he equally
profitable in middle west.
Money is being kept at home
for development purposes.
Great creative era will get I'M
der way before present year
ends.
More money to he put in build
ing. street improvements and
municipal betterments.
Farm homes are a5odes of
luxury compared with those of
recent past.
West prefers to live well
rather than to die rich"
Bucket-shopDed railroads are
the only bad spots in situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
Boom Characteristic Lacking.

Ordinarily building boom is accom-
named by lively transactions in corn
field building sites and aeroplane ad-
ditions TO small cities. That seems not
to be the case this year. Lot sales have
withered and died. The real estate pro-
moter has gone to work for regular
salary. Booming methods designed TO
separate the home wanter from MS
money have failed. The development is
ON a sane, common-sensible. everyday
plan. Fewer regrets are being built
into brick and mortar this year in the
west than during any previous perod
of building expansion.
Bankers say the same thing holds
good in the investments OF the aver
age westerner. The greater part OF the
bond issues by the smaller municipal
ties for Improvement purposes-Wnlch
have been so notable part OF that let
INTERCHANGEABLE mood when mas
been commented on-"are I'd heii w
.neighborhood investors. They are IKE :
wise in the market for sound municlpai
bonds-eastern issues not barred-ahd
the west has digested an enormous
amount of the AneIif an, seo zee us hS
Europe Usually the west has bousnt
them back cheaper than the west SOLD
ther1. too. ~.
The bad spots heredDout5 arc ~
raiIroads Half a dozen or more o.
them are in the hands Of receivers
Their service il naturally poor, Dc
causa a receivers eyes are always faS-
tened on economy. Their equipment is
rot 70 he bettered, because the courts
object to the issue of receivers Ger
tificates except when necessity com =
nels These receiver roads are fTc-
mendous handicap on the sections they
serve They sap the vitality OF the
country. They keep new settlers OUT
and keep the old residents poor. NO
matter what may be the natural adj
vantages of a country. II must progress
slowly under such conditions
why" ! asked. IF the west is SO
prosperous"
Those roads were bucket-shopped
into bankruptcy" said the president OF
another national bank in Kansas city
They were uismanaged from inc
twentieth story OF New York skyScrap-
ers They were handled by men who
knew OF q railroad only as 1t appears
on the ticker. There was plenty OF
business here. The roads that were de-
Gently managed-that We're given Just
a fair chance-have all prospered
There Will be more business here IN tins
future. The coming year should be
the most prosperous, the SAFEST the
most conservatively progressive year
in the history of this section OF the
| west. But there is no blinking the
| fact that New York sharpers have
1 locked an Oregon boot on our business
} legs We cannot travel as fast as We
| should until we get rid of it
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
Farms Made Attractive.

The president of one of the great ma
tionai banks of the city confirmed this
statement of the farmers adventure in
contentment.
His ambition once was to bring as
many virgin acres under cultivation
as possible. said he. 1T was the desire
OF a strong man. 1t was the dynamo of
Will which made possible the winning
OF the west. But pioneering DAYS are
done. The farmer of TODAY sees no rea-
son why he should not live quite as well
as the city man who has an equal capt.
tai invested He may still sit in the
sitting room but the table is covered
with magazines. His house is heated
by furnace and a telephone hangs in
the front hall. His home costs more
TO run. but IL is worth more. His sons
stay by the farm. His daughters marry
men who have similar modern ideas"
Perhaps II is because a larger propor-
ton Of The people of this country can
twiddle their fingers 81 dull care than
ever before. but the same sane prog
Tess toward a higher standard of liV-
ing seems evident everywhere. Country
villages are paving their streets and
rebuilding ana rearraneing themselves.
They are issuing bonds in order that
they may he made fit to live in, instead
OF hardly fit to die in. The IA rmers are
buying these bonds. Once they bought
the gayIy tinted obligations which are
now barred by the blue sky laws.
Sountry roads are being metaled so
that the agricuIturist's auto can ne
rotiate them in any sort OF weather.
There are a dozen outlets for the social
life of each community.
There is the old generation and the
new said The tanker. pointing to "A
couple standing before one OF the ledger
u iudOWS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06

SIERRA BLANCA. Tex. February .
United States troops of the Sth Cavalry
left here tonight for an all-night ride
overland to Bosque Bonito on the in
ternational border. for which place
Gen. Francisco Villa is reported to be
heading. CarranZa troops on the MeNi-
can side are also reported marching
for the same point to intercept Villa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
Women to Hear Justice Stafford.

Justice Wendell p. Stafford is TO be
the principal speaker at a meeting of
the Washington Section, Council Of
Jewish Women. Tuesday afternoon at
go o'clock at the Eighth Street
Temple Music is to be furnished by
Miss Eta schmidt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
HOUSE TO RECEIVE
IMPORTANT BILLS
Tariff Commission and Free
Sugar Measures to Be Re-
ported This Week.
BOTH ARE ENDORSED
BY ADMINISTRATION
Some Democrats Would Defer Ac-
ton Until Definite Revenue
Program Is Worked Out.

Democratic leaders expect to have
the administration bills for creation of
tariff commission and repeal of the
free sugar clause of the Underwood
of this week and to press them for
early passage.
Chairman kitchin announced yester-
day that the ways and means commit
tee would meet Wednesday or Thurs
day to draft reports on the two meas
ures. and that the sugar bill, which
would be taken up first. probably would
be considered at, democratic caucus
within the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-06
A Million From Hundreds.

In one little Oklahoma town Il group
OF pikers put in S115 each in an oil
venture. There were twelve of them,
and the flotation of the company was
postponed several times because this
man or that could not get the requir-
ed ante Some OF them borrowed their
stake in s. Jumps. The other day the
company sold its holdings for ST.,
100000 net. cold cash. y boarding
house keeper took stock because she
could not collect cash for the beans
she had puryeyed to drilling crew.
She left for her old home with money
enough to buy the city hall in her
New England village. one man trad
ed a $50 horse for stock that melted
him $4,000. The air is full OF stories
of this sort. The lead and zinc min
ing districts are making quite as much
money the oil country.
The point is. said Kansas City
bankers. that we are spending this
money right here-on ourselves-in-
stead of sending il away. y great
creative. constructive era is opening
We are spreading our present pros
perity over a slice of the future. No
matter what may happen when the
war comes to an end, the country that
is turnpiked and traCtioned and drain
ed and bridged and gridironcd with
railroads and spattered with nice little
sound little towns will be in a pretty
fair position to stand pat.
This section of the west has taken
very little of the European loans. Some
investors consider them somewhat
speculative. The more obvious reason,
however. is that business necessities
have not forced the taking upon the
west Practically no munitions are
made here. 1t is perfectly well known
that a large part of the munitions
Gu ryiS hed nv been
for by the Ioan-in other words. that
the munitions have been furnished on
credit. The west was not compelled
to extend this credit. There are other
investments which are more attrac-
tive to her.
This bank" said the head of one ma
tional institution. contains s2,eOo.ooo
more deposits than it ever did before
in its history. Along about the Isl OF
March when the farmers and cattlemen
begin to realize on their stock. | eX-
pect to see 100000 more added. We
can't loan this to country banks. be
cause the country banks are begging
for investments We will be looking
here at home where we can watch
then-where we can get a good return
plus good interest.
4 proof that this attitude is gen.
eral one is to be found in the building
returns Building cid not stop through
out this section even at the worst OF
the bad timex The west mostly knew
times were bad by hearsay'. anyhow
Now building is going on at a greater
rate than ever This promises to con-
tinue in Kansas City for the coming
year, while reports from smaller cities
are that they are improving them
selves The farmers are building. too
An unwonted activity in Lumber ana
brick and cement and other building
materials is reported throughout the
agricultural districts.