davidaulloa/AmericanStories huggingface dataset:
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19
PATRIOTIC ORDER MEETS.

New Haven. April 1s-The 2Othran-
nual meeting OF the Connecticut So
.ciety of the order Of Founders & Pa
triots was held here today. 1t was
expected that Captain Clarence Hor-
ace Wickham, Jof Hartford. would be
elected governor
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19
CHEMICALS QUELb BONFIRE

Torches from bonfire in the rear of
e67 Fairfield avenue were blown about
by wind today. The fire was extin-
guished with chemicals by f1remen
from Chemical company No 1. No
damage was done.
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19
sToREs oPEN FRIpAY.

All the department stores of the city
will be open Good Friday. according
to statement issued by the Retail
Clerks union. Fast Day is not one Of
tAe holidays which the clerks agree
nent with the employers calls for OBJ
servance.
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19
.MELLEN SUES ROAD
FOR $l38,222 DUE
FOR "ADVICE" GIVEN
Former President Says He Had Five Year Contract With
New Haven at $4,000 Year, With Guarantee
Against Losses Through Suits Arising From Connec-
ton With Road.
MR. MELLEN'S TESTIMONY
REGARDING "S15O.OOO PRESENT.


w.
e
left to compensation? "A
M n
information
Fora term of al much A
but in
Der wasw Il he VIII
myre the
that had been a ennba
and tina a of
meet 0 within
asked waive WITH usual
of ping busine
taerna present of
O theypa you n cash? A. a
centfr them
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19
sARTHUR e. CLARK,
CHARLES S. MELLEN

Witness:
CRANK T. HOOKER.
IN. w. GLUE.
Flor the
IN. Y, N H. & H R. r..
M K. DUGAN,
s'w. H. ROLAND,
For Charles S. Mellen.'
Persons who recalled the testimony
given by Mr.. Mellen before the Inter-
state Commerce Commission when
that body was investigating the hnan-
ciaI transactions of the New Haven
suit, because Mr.. Mellen admitted he
had waived the contract at the in
stance of two members of the Reap
pointing Committee. They had told
him, he testified. that the contract was
"a source of embarrassment" SO he
present of $150.00o.'' He declared
he had not received a penny under
the contract and would not take a
cent under any circumstances"
NIeIlen Tells of Losses
The plaintiff states that he resigned
as president of the New Haven July
II, 1913, and that his resignation took
effect Sept. 1. On that day the
agreement went into effect. He de-
clares that since then he has at all
times carried out and performed the
the contract, but that, although he
has made demands for payment, not
a dollar has been forthcoming.
Mr.. Me1len then takes up that sec
ton of the agreement in which the
New Haven assumed all liability for
defending actions brought against
him. He does not say that the road
did not meet some of the bills he in
Cured, as it did, but concerning his
own expenditures, which have not
The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1916-04-19

New York, April 19-Char1es s.
MelIen. formerly President of the
New Haven Railroad, filed in the
Supreme Court yesterday, through
Homer S. Cummings of No. 100
Broadway, suit to recover $1SS.222
he alleges is due him on Il contract
signed July Is, 1913, whereby on his
retirement he was to receive $50, 900
an advisory capacity. together with
all expenses resulting from suits
growing out of his official acts. Mr..
Me1Ien asks for two years salary,
under this contract. still unpaid, and
for SIS, 222 he says he expended in
protecting himself in criminal and
civil suits.
The fact that such contract ex-
listed was brought out during the trial
of the Governments conspiracy suit
last year against William Rockefeller
and other directors of the road, but
dence.
The advisory Contract
This contract, which is attached to
the complaint, follows:
Agreement between the New
York, New Haven and Hartford Rail-
road Company Hereinafter called the
New Haven Company and Charles ;.
Mellen.
seWhereas, Charles s. Mellen is
about to retire from the office of
President of the New Haven Co, and
the New Haven company desires TO
secure, for a period OF five years
from and after the date of his retire
ment, the benefit of his services IN
an advisory capacity.
ssNow, therefore, Charles s. Mellen
with the New Haven Company that
he will hold himself in readiness dur
ing the term of five years from and
after the date of his ceasing to be
n
pany at the request of the President
and directors of the New Haven Co.,
to meet with them at such time and
place as they reasonably. request ana
give them the full benefit OF his IN
formation /regarding the affairs of
the New Haven Co., and his advice.
In consideration of this agreement on
the part of Charles s. Mellen, and his
services under said agreement, the
New Haven Company agree with
Charles S. Me1len;
TO ssHoId Him Harmless"
.sFfrst-Bo pay him during said
term of i've years the sum of thirty
thousand dollars {sso.oOo) per an
mum:
second to indemnify and hold
him harmless from all loss, cost and
| expense incurred by him in defending
| hirareIf in any and every existing, or
fl1tl11 e, proceeding against him, Wheth-
er civil or criminal. in any court or
| tribunal ON account of any matters
arising out of his acts as president
of the New York, New Haven & Hart
! ford Railroad Co., or any of the cor
porations by it controlled, or in sat
isfying by the payment of money any
| Judgment, decision, order or decree
against him of any court tribunal in
any such proceeding.
| ssIn witness whereof the New York,
1 New Haven & Hartford Railroad Co.
has caused these presents to be execut-
/ ed in its behalf by its secretary, there
unto duly authorized, and Charles s.
Mellen hereunto set his hand on this
18th day of July, 1913.
IN. Y, N. H. & H. r. r.,
by
/ tARTHUR E. CLARK,
CHARLES s. MEILEN.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
SUGAR MARKET,

NEW YORK, November 25.-The mar
ket for raw sugar continued to decline
and prices showed further loss OF u
compared with previous prices There
were sales late last night of 10 900 bags
Of full duty Peruvian sugar at AZ cif
equal to SIS for centrifugal s6 test. and
today there were offerings Of Crbas at
As. cost and freight. with refiners again
Indifferent. Closing prices were Az. cost
and freight. equal to 5SS for centrifuca
and Sol for rolasses
Refined sugar was unchanged at 7 "a
for fine granulated, but trading was
very light. with buyers inclined to hold
off and await some adjustment in val
ues. which are above a parity with
raws.
Futures were again under consider
able selling pressure from outside In :
terests. as well as trade sources
prompted by the continued weakness
of the spot market. in spite of unfavor-
able weather advices from Cuba. which
said that it was raining there and that
the movement would probably be
further. delayed. Closing prices were
s to points net. lower with sales OF
16.l0O tons. December sold from ara 10
40. closing 4.70: January. 429 to aga
closing 4.23; March. 3.s7 to 3.sl. clos
ing 3.S2: May. 4.07 to 400. closing 4.0I:
July. 4.12, closing 4.08.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
PRICES OF FOODSTUFFS
IN BALTIMORE MARKET

BALTIMORE. Md, November 90
Wheat-Receipts, 70,535 bushels; ex-
ports, 100. 80 bushels.
Corn-Receipts, 1923 bushels.
Oats-Quiet: No. white, 63a65h
standard white, 62 Y: No. white, 81 !.
Receipts. 1850 bushels.
Rye-Easier; No. western export
1.59. Receipts, 11.137 bushels.
Hay-Quiet; No. 1 timothy I'M
changed. No. 1 clover mixed I'M
changed.
Grain freights-No quotations.
F1our-Receipts. 1906 barrels. in
Guiding 1912 barrels for through ship
ment; winter clear. 1.S5aS.1O; winter
straight. S.20as.35: winter patent. S.s5
a920; spring clear. S.60aS.s5: spring
straight, 3.2Oa9.45: spring patent, 9.55a
9.S5; city mills best winter patent. 9.65:
city mills blended patent. 1925; city
mills extra, 7.75as.00; city mills spring.
1860 Rye flour. medium to choice.
7.25aS.0O. Cornmeal, 100 pounds, 2.6oa
$50.
Straw-Prices per ton: No. ! straight
rye. 16.OOa1G.50: No. ,. 1550a1G.0o: No.
l tangled, 11.O0a1cD0; No. .. 1o.00a1o.5o;
No / white, 9.0Oay.50: do. No. 2. s.O0a
$50; No 1 oat, 1o.UOa11 90; do. No. 2.
9.00a9.JO.
Mill feed-Prices per ton; spring
bran. 32.OOa32.5O; flour to white mid
ding (western), 4O.00a41.0o; western
middling, 36O0a3T.OO.
Vegetables and green fruits-Pota-
toes-White, western MARYLAND and
Pennsylvania, bushel, 15Oa1.60: do.
New York and New Jersey, bushel
1.50a1.60: Eastern Shore. Maryland and
Virginia, bushel, 1.30a1.40; do. do. do.
frosted. bushel, 75a90;. nearby. bushel
box, 1.3Oa1.40. Sweets-Eastern Shore,
Virginia, yellows. barrel, 2.00a2.25; do
barrel. 2.ooa25o do. Anne Arundel
standard. barrel. 2.25a2.5o; do, do
small barrel, 2.00a2.10. Yams-Large
bright, barrel, 1.5ea175. Apples
Western Maryland and Pennsylvania
packed, barrel, 2.50a5.50; do. New YORK
DO, No. ., barrel. 1.90a2.25. Beans
Florida, green, basket, 1.15a2.00. Cab
hage. native, 100, 4.00a6.0o; do, New
York state, Danish. ton, oo-oeaoo.Oo
do. do, do, domestic. ton. 4o.ooa
AZ. 90 Cau!iflower, Long Island, crate
.5Oa1.75; do, Maryland. barrel, Zzoaz-oo-
Fresh fsh-Prices per pound. unless
otherwise stated: Bass. large, loal2; carp
3as: croakers, bbl.. 10.00a1 90: founders
6aS. gray trout. large, barrel. Il. 0oa16. 90;
do small to medium, barrel. e.ooas wv
salmon trout, 10aI2: star or butterlsh.
barrel Is. O0a1600; rock. boiling, 1ta!s'
do. medium, 14a15; do. pan. loal2; whlte
nerch. large. 10a12: do. medium 4a"'
yellow perch. large. sale; do: medlul'
large 12al5; do, medium, 6aS; cathSh'
4a5: green pike, native. 15alS; GELS,
nahum TO large, 5aS; clans, 100, 6oatc
oysters. choice. raw box. barrel. S-ooa
= 20. do. primes, barrel 2.2oa2.oo; cuiis.
barrel, 1.75a2.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
Local Securities.

Business on the Washington Stock
Exchange does not broaden, and but 70,
the occasional squirt of activity, the
movement is confined to odd lots OF
stocks. with a fair trade in bonds. the
prices on the various issues being rea-
sonably high.
+ The exchange probably will move in
the Immediate future to it's new QUAR-
ters on 18th street northwest in III.
very heart of the uptown financial dis.
trict- Members hope that the new 10.
cation may lead to a better business
In the meantime speculation on Wal
street for the account Of Washiugto-
mans goes on at high speed and the
curb and counter business is large.
Bank stocks show conSid.rabI,
strength these days. Many vacancies
on directories Of banks and trust com.
panies VAL DE made carly in January
and some important changes are con.
templated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
FINANCE AND OTHERWISE.

pose a tax on the greater part OF
sss.4s7. 900 in the banks of the District
Foreign Loans.
That further and repeated loans will
be asked of the bankers of the United
States and credits by the allied gov
sured. So far all loans have been float
ed with comparative ease. They have
been quickly taken with oversubscrip-
| ton OF the issues. and as the country
becomes familiar with the character OF
the loans. the advantages offered
through the exchange market. etc.
they are likely to become even more
popular.
Mr.. Vanderbilt. Mr.. Davidson and other
great fnanciers have made strong
arguments to the bankers of the coun-
try against the continued great ac-
cumuiation OF gold in the United States
even to the expression of belief that it
might lead to possible abandonment
of the specie basis abroad.
The United States. the great credit
nation. they claim. can afford to give
unsecured credit, and also to absorb is
sues of bonds SO drawn that they can
be used as bills of exchange. which. II
accumulated in large amounts, could
be sent back in place Of the gold
which would remain in this country
when the economic struggle after the
war begins.
George E. Roberts. former director Of
the mint, sees no danger in the great
debts now being piled up by the ma
tons a war. He points out that CAPT
tai is not being extinguished, but he
fears reaction in this country after
the present period of high prices and
wages and urges caution.
Mr.. Roberts calls attention to the fact
that the debt of Great Britain after the
Napoleon wars was heavier in proper
ton to the wealth and income of the
people than it is likely to be at the
close of the present war.
Mr.. Roberts, commenting on the bal
ance of trade in favor of the United
States, says: Where a great amour,
Of capital is suddenly forced into one
country the situation is thrown out OF
balance. There is danger that an in
creased amount of labor and materials
will force up wages and prices so rap
idly that the level of costs upon which
business is done within that country
will be raised far above what il is ia
other countries, and the result will be
that exports will be cut off; imports
VIII increase; the balance of trade viii
turn over; supplies Of gold will flow
out. leaving an inflated fabric of wages
prices and Indebtedness without ade-
quate foundation.
This is the condition that the great
est American bankers are working &c
avoid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
NEW YORK PRODUCE.

NEW YORK. November 25.-Flour-
Quiet.
Wheat-Spot. easy: No. l durum
2l4l.: No. 2 hard. 1863, No. north
ern Duluth. 2.06A; No. northern
Manitoba. Ill Z i. o. b. New York.
Corn-Spot. easy: No. 2 yellow
II03s C. i. f. New York, ten-day ship
ment.
Oats-Spot. steady.
Hay-Steady.
Bops-Stcady.
HideS-f'irrn.
Lcather-Firm; hemlock, frsts. 81
seconds, %.
Po-k-Steady.
Beef-Quiet.
Lard-Firm: middle west. 17.10a17.2 20
TalioW-Quiet.
Wooi--Firn.
Rice-Firm.
Mol2sseS-Steady.
Evaporated apples-Firm.
PruneS-Earely steady.
Apricots and peaches-Firm.
Raisins-Easy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
CHICAGO.

CHICAGO, November 25.-Ho2s-Re
ceipts, 10000 head weak. at SC above
yesterdays average: bulk. 930a10. o5;
light, S65a9.sO; mixed. 9.25al015; heavy.
s55alo.2o; rough. 9.55as.7o; pigs 6.5oa
Cattle-Receipts. 1000 head: weak
native beef cattle, 6.50a12.05: western
steers, 6.5Oa1O.15; stockers and feeders.
l. 6Oa7.7O; cows and heifers. 3.50a950;
calves, 9.00a12.75.
Sheep-Receipts. 1000 head: weak:
wethers. s.0Oas.S0: ewes. 45oaS.00; lambs.
s.50a12.25.. .-. -' ---- seq
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
TREASURY STATEMENT.

The condition of the United States
Treasury at the close of business yes
terday was:
Net balance in eneral fund. $780,
9S1,S2i.
Total ordinary receipts. s2.oi6.6f2.
Total ordinary payments. $1.49f..i 4.
The deficit this fiscal year is $780,
0SS,012, against a deficit of s46.3l1.a1 3
last year. exclusive of Panama canal
anu public debt transactions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
Speed Up.

Lachawanna Steel Company. Repub-
lie Steel and Iron Company, YoungS-
town Sheet Tube Company. Brierhiil
Company and the Strutaers Furnace
Company have followed The lead of the
big steel corporation with an advance
OF 10 per cent III wages to workers
$1,000 independent workers profitinp
thereby
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26

Where does the money come from
! This is the inquiry of even the pahk-
ers of the city as they notice the very
large increases in the deposits of local
banks, savings institutions and trust
! companies. in the comparative shor
time between September IL and NO
yember ia little over two months
with s3,34s,l91 more in the banks on
the latter than on the former date
I Not government deposits" said one
! banker, lat least so far as we are con-
| cerued. and ] do not think the govern
ment is using the banks for repositories
TO any extent, as these funds. which
| formerly were placed in national banks,
are now going to the federal reserve
regional banks. There may be some
| philippine money. but if this Is the
answer it is scattered all over the
/ city, savings and trust companies. as
well as national banks, and the latter
institutions never receive government
deposits
"It is the saving season., said an
other banker people are more eco
nornical than ever before, and money Is
| being accumulated for the holiday sea-
son."
Probably a better reason for the
steadily increasing deposits. amounting
! in a year to about S1S,000.00o. is found
| in the steady accumulation OF surplus
! income, rather than the continued re-
/ Investment of funds-a haolt ~hlch mas
| been very general with the holders OF
| securities, both stocks and bonds, IN
Washington during the past year.
| There may be in this increase part,
at least, of the profits made by the
1 &c a
tions on Wall street and in the curb
markets. Then, too, outside banks. un-
able to find demand for their funds,
, may have sent cash to. w Washington
Moreover, they are total deposits in
=! some instances and not net-that is,
complimentary deposits from other
banks have not been eliminated.
Bankers Association Will Help.
| Senator Sterling of South Dakota
will find the legislative committee of
and willing to advise and cooperate
! with him in securing amendments to
| the intangible tax law. enacted at the
, last session Of Congress rider on
the District appropriation bill
| Chairman Mckee and his associates
have definite plans for Senator Ster-
/; ling's consideration TneE Will endeavor
| to show him that banks are already
! taxed from many angles. and that the
| 5 per cent gross earnings tax is all COW
7, cred as to personal taxation.
| 1t is understood that Senator Stirling
| will endeavor to have the intangible
| tax law amended to exempt building
! and loan associations and benevolent
| organizations.
| Fortunately the law will not become
effective before July l, 1917. and in the
| interim the South Dakota senator. aid
| ed by prominent financial interests
| probably win make radical changes ir
| the measure.
| As the law now stands it would i'm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
Physical Valuations.

The utilities commission experts have
about completed the valuations of the
utilities Of Washington.
1t goes without saying that the esti-
mates in no case meet the ideas of the
corporation officials, and that the prob
able final settlement of the various
valuations may not be effected until de-
cided in the courts
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
LIVE STOCK MARKETS.
NEW YORK.

NEW YORK. November 25.-Beeves-
Receipts 2sS head; no trading.
Calves-Receipts. SS7 head: steady;
common to good veals, 9.00al3.00; western
calves 7.25a7.J0.
Sheep and lambs--Receipts lips head;
steady; common to fair sheep (ewes). 400
al co. ordinary to prime lambs, 10.o0a
ITS.
Hogs-Receipts. LAPS head; steady;
prime state hogs. $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
WASHINGTON FINANCIAL STATISTICS.

etwola controller of the
the OF the latest call
$4,000 expected
immedat
gains are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
| will Sell

1880 &. c. to CT. Falls So mt 49,.
S2,0bO Metropolitan II. II. Sc at 1854.
81 900 Potomac COnsld. SO at 1O3.
$2,OW Wash. Rvyy. Il Elec. AZ mt 81.
Is Capital Traction mt S53s.
Is Wash. Ryvy & Elec. com. nj So eK.
Is Wash. Rwy. 4 Elcc. pfd. mt S21x eK.
80 Washington Utilities mt Fl.
- Washington Gas mt .s11s.
25 Georgetown Gas Mt 50.
10 MerRenthaler mt 179.
10 LanstOn mt S1A.
10 Continental Trust at 12S.
10 Munsey Trust Mt 95.
so NOrthwest Savings Bank at SA.
10 Union Savings Bank ibid wanted).
$50 American Paper Can mt 61e.
1000 Oklahoma OIL common mt II.
500 Miller Train Control ibid wanted).
100 Washington Baseball at lSA.
10 Gayety Thenter mt 152k.
60 keneaaw Apt. House mt II.
20 Crandal Amusement Co. Mt Is.
3h J. Maury Dove Co. ibid wantedD.
g Paradise Orchard Co. ibid svantedD.
RUSSELL Ice Cream mt 35.
5 Columbia Hotel Co. at HOO.
80 Greene Consld. Copper ibid wantedl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
Forecasts of Steel Earnings.

United States Steels advance to an
other maximum was accompanied by
forecasts or estimates of earnings for
the current quarter and the possibility
OF an increase in the prevailing rate of
extra dividends. X is freely predicted
that several OF the Independent steel
companies now on a non-dividend basis
will soon declare division of profits
with sharet olders.
Railroad earnings were disappointing
In the sense that as rule they failed
to approach the high-water mark
p reached in the preceding months. This
was due less to the absence of tonnage
than to the lack OF cars. Contracts for
new railroad equipment amounting to
more than s75,090.000 have been placed
thus far this month, exclusive of addi-
tionai orders from abroad for similar
supplies.
Announcement of forthcoming
oHerIns OF shcrt-tern notes here BY
the British and French governments
was the most interesting international
financial development. apart from fur
thcr Weakening of exchange on the
Teutonic countries
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
WEEKS RANGE OF PRICES.
Corrected to the Close of Business Novembe,
rs, at the Office of The Evening Star.
Railway and Miscellaneous Shares.

The following closing prices
of
o date
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
SERIOUS PROBLEMS
VEX TRADE WORLD
Present Prosperity Of the
United States Is Not Evenly
Distributed.
GOLD SUPPLY PILING UP

NEW YORK. November 25.-1ndus-
trial and financial conditions in the
United States, in spite of the many ex-
;ernal evidences of increased business
and prosperity, nevertheless offer for
solution some of the most vexing prob
lens that we have ever been called
upon to solve. The war has so chang
ed world wide industrial conditions
that we have presented the anomaly
of feast and a boom in certain indus
tries while their neighbors are slow
ly being driven to the wall.
1t is not difficult to enumerate, in
each of the larger industrial centers.
from one to dozen or more formerly
thriving industries forced to suspen-
sion. either because of inability to Sc
cure sufficient quantities of the raw
material used in their products or the
abrupt cutting off of their market for
these products. New industries which
in the meantime have sprung up are
working overtime to supply the de-
mand for their goods, and men have
grown suddenly rich through their
ability to adapt themselves to the new
conditions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-11-26
Issues Making Good Gains.

Utah securities. the Harvester issues
Nova Scotia Steel. Gulf States Steel
first preferred and American Agricul-
tural Chemical were among the less
prominent issues to register gains of
to almost 10 points, with to for
Mexican Petroleum. the paper issues
and some equipments and munitions.
Rails were the only issues of i'm
portance to hold back, the movement
in that quarter being among the low
priced shares such as Rock Island,
Wisconsin Central and Western Mary
land.
Among the few reversals were Beth
lehem Steel, which lost 10 points: At
lantic. Gulf and West Indies common
and preferred. Maxwell Motors and
Montana Power the latter losing but 4
small part of the previous DAYS spec
tacuIar rise. Total sales of stocks
amounted to .S5.00e shares.
The bank statement more than full
filled forecasts. an actual cash loss of
more than s33.000.00o being accom-
plished by further contraction of $21
zoe in reserves and reducing the
total excess to s5s.6i7.240. loss IN
the last three weeks Ct more than s65.-
600, 600. Reserves now are at the low
est total since the nidyear.
Bonds were irregular. strength in
Rock Island issues and the coppers
being again offset by the hesitant tone
Of internationals. Total sales. par val
ue. s2.630.O0O.
United States bonds were unchanged
on call during the week.