davidaulloa/AmericanStories huggingface dataset:
Detroiter Abend-Post. (Detroit [Mich.]) 18??-19??, 1916-04-01

0on6on, I. 9lpril. Ser Ser
iuh, Die Serontiportliffeit fir Die
8erieilfilng bes hollGnoiiflen Cant
piers Subantia fcit5uItellen bot 5u
elmer pciteren Grfl6riulg in Der
8ontroperie 5lpiihen Berlin unb
9onoon gefiihrt. Die britiide 30
nliralitdt 6eitreitct, onB Die in ben
&ettlngsbooten Der Subn,1tia &C.
funoenet 0fetaIteile 5u einem britt.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
MINE WAGE FARLEY
REACHES DEADLOCK
Operators Vote Down 10 p,
Cent. Advance, hut Men
Won't Compromise.

MoBrLs, Ala. reb. i~6--Ropr.s.,,,
tives Of the bitum'nous coal ,Lpe, =.
Pennsylvania. Ohio. Indiana md ill,,o,
and spokesmen for tho operators s.,.
reached q standst,ll In the wars M,
troversy being held here.
The eleven demands the miners no..
to have drafted INTO a new wage seal. .,
take the place OF the on. that eynl-.,
March 81 we're referred 10 a e,tA.,,r,,,.
tee by the Joint conference to-day.
Prior to submitting the whole ,na.,..
TO the smaller committee the Ole ratio,
formally voted down the secot.! dar,a,a
OF tho miners, which calls for an ,ncro,.
IN wage OF 10 per cent. per ton.
Tie subcommittee consists o. r'ns,s,
two miners and two operators from e,,i
of the four States involved. with .i,hr =
White, Frank 4. Hayes and Villa,
Green of the United Milne Workers r'-t,,
a. ex off'cio members. Tho s~uh-"o'rmt.
toe will sit continuously Tho tolr, m,
ference vas adjourned subject 20 ne "a
Of the subcommittee.
At tho sub-commlttee's fet seSs N y.
lines were drawn Sharply by the miners
declaration that they would not rcgo.la,s
n new contract except on Il nina r,-
basis. The operators replied tha, .h.g
would not consider such "A contract. n.
subcommittee found Itself practically
dcadiocked at the outset.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
N. Y. RAILWAYS DECIDE RATE.
Adjustment Bond Interest Tor Last
WnIS Of 1915 10 Ne 500.

After Il meeting ~ the directors of the
New York Railways company yesterday
II Was said that the ~boudholders' direct
prs have" agreed with the stockholders
directors on tho Interest TO be paid on
he adjustment income bonds for he last
half Of 1915. \ formal statement will
Don ho made.
: II Wa reported IN financial circles that
the rito decided upon WAS 20 per cent.
which would make the interest payments
Tor th. ypar amount 20 approximately
-. per cent, The payment for the fivst
of 1915 was made AZ the rate 81 i.37 per
cent
when well Informed circles IN the
financial district heard that the bond
holders and stockholders directors had
agreed upou the ratc to bc paid II Wa
stated tina, IN, suit brought against tn"
New York Railways Company 10y the
hondholdcrs. in which they sought to
recover the , per cent. "a Year interest on
N, income bonds ~ tn" company Will he
dropped as FAR ~ the damac" and in
Jury fund surplus Is concerned.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
BATTLE IN DARK OVER SAFE
t'our Detectives Find Three Men In
Rockefeller institute.

Three masked men wore ot'-~o~-,
bv four detectives ea'lv Yesterday "
attempting to force q ~.,'" .u 'h- Of
% the Rockefeller Institute, S,'s-.'s'
street and Avcuu. \. The i-yl-e-
gave the numtS OF John Npsel, 81 1850
Old. a chauffeur. ~ II East l-o'h s.re-'
John oRri.u, 90, a clerk. 80 "a" We.
t'orty-seConi street. ard Eu'''t' Me-.
fcrty. 20. 4 clerk. OF "a :" 'o0d .ya7g'
pet.ctiv. Mckeuua a~ft.gw'ri r-rss,
John RYAN. 23, OF 100 chrvs'e street o.
TIA. Bow,ry. Ryan answered 's
srriptiou 81 the sentinel a. the e''rs.'
but escaped wheu the detect sos .
tered. HIS fuccrprints. the police 50
correspond to those Of Michae. Ma
a Saf"breaker,
Tn. four men Were arra'c- ' o.
yorkyiIIe court and held !U % 30
each by Magistrate Goth
After follow iug the men s"t
Detectives kilrov. Ciailaghnr. -.
shields. said they saw -em rE
through a window OF go, ~
Twenty minutes rlaps"i a.l 90" .'''
t,vcs followed. \ fight ct eg"t 80 90
GERS using blackiachs ius'.t! r..
yers. fearing that they m!-l' ~ 90
other In the dark. The tI't.t~
SISTED with iimmi.s. When ..i'
three had 70 he treated AZ FloWs: Ho'
pital.
\ statement issued ~ i'o 81.
Yesterday asserted that 'l' "'
evidently attempted with Ne flea 'ra
:, large sun was kept iu M SOL. ''
were only a few hundred tr ,- .'
office at the time.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
CANAL CUTS RAILWAY GAINS.
"a ma ma Lines Fronts I~ss After
waterway Opening.

The anama Railroad Company has
issued its annual report for the year
endlng June 80. 1915. showing a surplus
Of soit.ssI, a. compared with SURPRISES
% tl.7s2.o40. s~2.179,l1s and s2.3o3.3i0
respectively In the three years preceding.
The gross earnings OF the railroad
were sc1s1.oj1. as compared with 81
500 400 IN the year preceding. The net
earnings. si79,57s. az against sl,s25,9 go.
The steamship gross earnings showed an
Increase 20 s?.si2,457 from s2,255,1oi in
1914: and the steamship net earnings
to s.oe.s53 from s3l4,2s6. The total
net was s679,43l. a. against H.lio.2is.
The total income OF the entire company
was sl.o0s,i7o. az against se,Al7.3o0.
Figuring In a previous surplus OF $lI,-
53i,t5a or hand. the profit and loss sur
plus for the company stands AT sl6.3il.-
OIL. II ecreise from s11.53i,4ja.
col. George W. Gocthal-. president OF
the COMPANY. I'm his remarks TO the stock
holders. says that the coastw!s" traffic
~ the railroad ceased almost Instantly
on the opening 81 the canal on August
IL. 1914
'rhe diversion Of our TRAN" 10 tho
canal" he SAYS. resulted In a serious
d%lmlnution Of the railroads earnings
that fully equals any expectation We
may have had IN that regard
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
MONEY AND EXCHANGE.

Th' NoN York Federal Reserve Bank
rate. W'rr I p'r ,'Ii Tor thirty IT, ninety
iiN~ aud . per cont. for hanger bills.
bp,u fuark,' discount. prime sC,ept
Mf,cs maturing up To ninety days, -. u
~ 49, cent
,ulumrr,ttl paper rates were 3r 3ls pei
cent Tor SiNtN to ninety days bills aud
for four To- sis mouths host names, ~. n
pcr cent. for othurs.
riuI" money was quiet and steady
Rate Nrr" 90, per cent. for sixty days
2N, 90 per cent for ninety days. 3u3i.
per coat for four, nSc aud six months.
tHll money "u ia" floor of the stock
E>,huuSv YESTERDAY, rulrd At -. per cent.
low. - per "rut.; high, . per cent.
Strr'tug 'N.utug' Wa about unchangcd
riuti uu"tttinus were; Demand, "a 1915
rHhlcs, i,G lh
can m"n"y IN I"ndor, tmi'a per cent
short bills. ~. p'r cent,
Domestic cNvhtng" On Now YORK -
Louis. par san Francisco, soc, premium,
Niuuua polls, 700, lr, miuuI, chicago, Toe
discount Cincinnati. par; Montreal, S.t3H.
- "mlum
Rar silver Ia d.ondon - i3-lGi,. Now
Nurk. 5Gla,.
NoN York clearing House statement
Exchange. Sos, ia>,a3N. balances, So,
~, iaG, Suh.rrcasury credit balance, Sii1.'
u9,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
WOULD KEEP SOUND LINES.
New Uaven's Application to n
Heard TO.m

The application q tho New York, New
Haven and Hartford Railroad for per-
mission to continue IN the ownership and
control OF its water lines will be heard
tomorrow morning by Interstate Com
meN'e Commissioned Clements In the
rooins OF the Merchants Association.
The application Of the railroad comes
under the Panama act. which gives the
Interstate Commerce Commission d!scre-
,ionsuy powers in the matter Of rail-
roads owning steamship inos II Is the
assertion OF the company that Its steam
boat lines on the Sound n along the
New England coast ar" extensions and
supplements Of IT, land lines rather than
natural competitors. Accompanying the
application are resolutions from Atty
six chambers OF co,nmerce OF New Eng
land asking that the present control he
Derpetuated.
Among the lines which Will be affected
by the lie lsion ara the Fall River and
New Redfori. the Providence. sew
Haven. Bridgeport and Hartford lines
Il is sad a large number OF business
men will appear as witnesses.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
STORES COMBINE DELIVERIES
One Com ny for Lord & Ta,,o,
and McGrcery IN CIV.

4 plan which unitcs the Guy de''ya-.
leg Of the stores Of Lord & TAYLOR ard
James McCreery & co. went into 81.
feet yesterday. This innovation 10 lr
keeping with the demand Toy IN r,-1cv
in retail merchandising with The min
mizing OF expense. The deliveries VII
be made by the Eleto Company. whit.
for the last eighteen months has heo-
making the combined out OF 'ovn d..
l~iveries for both these stores.
u Is understood that so fir a. 'hs
city deliveries or these two stores m.
concerned the new plan Is experiment.
and will be given a thorough test be.o-,
II is definitely accepted. AZ yet ~
combined delivery IS being made OH,
on packages that are wrapped with
the store. Bulky deliveri--. such no.
rugs and furniture. kept In warehouse
for the time being will ront'uge 70 >
made by the wagon ~ tho ini'vi-l
ores
The Eleto compaas - a separate con.
corn, although the stock a. - ~ sa'i -
he owned by those interested IN ~
stores with which II operates
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
IRON AND STEEL X
Marine steel Plates Sell a. Uiab
rs . Cents n Pouud.

Eastern rcnnsy!' ANA steel mills have taken
su'il' adllt oudl contracts for marine stcei
,Itirs NJ hlgh as Be-. a pound AT the mil
loi carry shliInient. At Pittsburs mills hays
refused some large contracts Tor both bars
ana pilates for delivery over the second QUAR-
ter Of the year. N""
THE. railroads have placed but lev orIers
Tor shipment IN the last few days, laIseiv
because the builders ARE unable 10 secure
promises to' shipments of bars. plates anJ
.h,nes hetore tl,c 'hlr,d olai'er Of the year
several additional small orders for II AND iiptt
s."tloi, rails have h"ru pl;ppti in The rentral
West, but contracts for .',,.G tons OF st.ndarI
lotions wanted for summer delivery are sill
held ~ n'sNaurc, as few ~ any Of 10
mills can promise shIpmen, before the thru
quarter. '
Another lar" contract OF WIN products f,,
export Is understood 10 ne on tho MN, ~,
closirs stool huililue and bridge work con
tlnucs llstt WI"
some additional rcsa,cs of Southern
'"uu,!r. u"il hi,' '""l mad" tn. wt,t, a.,
S'l" nrr ton tor NJ a, RIrmnuh,r,
INrrr WI also a rINlur YESTERDAY thai nnc
at tho southern turui.,~ haI taken .nu,,
contract" under q" ~ tiv furnace. Ia iI,,
N"w York district luuulrI.> are suiall ana
III, ord-,'s tla,r'i are ilsu ll-l', The InirI
states. steel 'nrporntiuu l. pluwlu. IN Inc
sr"old blast iuruaur AZ ,Ir iow Duluh plsIt
rrodlt'llun ui steel makil. IRON 10 rsssorte9
record hrcahtng
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
t,t54,s05 PHONES net
St7,202,766 PROFITS
New York Company Reports
Heavy Gains-AssOciates
Also DO Well.

The New York Telephone Company
reports for the year ended December 81.
1915, telephone revenues OF si9,629,ll6
as compared with t47. 295. 0ss the year
previous. with net earnings OF 311 $780,
T0i, against $i0.159.045.
Total net Of the company was ST..
202. 166. as compared with 316,175.740
while the balance available for dividends
was ti3.sO2. 063. against S12.715.542.
This Was equal to 100 per cent. earned
on the s125. 900. 900 capital stock. as com
pared with 10.2 20 per cent. Surplus after
dividends was $500 63. against S2.-
115,5i2 In 1914. The profit and loss sur
plus az OF December 81. 1915. Is given as
~S22.9S337+. against $19,1S1. $40 on De-
cenbcr 81. 1914.
y. y. Bethel. president OF tho com.
pany. IN his remarks to stockholders says
In part:
ON December 81. 1915 there were
1.i5i.g0j stations In the system d.
rectly operated by our company and
it's local connecting companies. an In
crease during the year Of 72,140. In
GLIDING the associated and connect
ing companies, there were In service
In the whole system ut the end OF the
year 2.o5o.so3 stations. An increase
during the yesr o. 1919 stations.
Under the plan FOR employees PEN
slons. disability benefits and death
benefits there has been paid out from
the fund during the last year $780,
1e5. Tho interest added amounted TO
s74.9a0. leaving n balance Of $ls5, sos.
which has been appropriated 10 re-
store the fund to It's original amount Of
So 100000.
Tho company also issued a report
hovIu tho combined results OF the
years operations OF the New York Tele-
phone Company and It's associated con-
Germs. This statement Shove telephone
earnings Of s77.74s.2l7, as compared
with s73. ?12.05s In 1914, with net earn
inss of sl7.sS3.3+0. as against sls.-
1850. Total net was si?.5io,5io. ~
compared with sis,o3a.05&. with a bal
aucc for dividends OF $i5.461.i37 as
against s1t,o1l.92o. Surplus after divi-
dends was s5.45?,sw. as compared with
34,003.3 In 1914.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
NEW RUSSIAN BOARD PRAISED.
High OMcinls Of Cars GoSern-
mcnt approve Plans.

Messages from high Russian officials,
both IN This country and abroad, approv-
lur the work that IN" newly formed
Amcr!cau-RusSiau chamber " COM
mcrcc PROPOSES TO do, were read a. the
first meeting ~ tho directors OF that
organization, held yesterday at the
Recess club. The aim ~ The Ameri-
can-Russlan chamber ~ commerce
- to extend commercial and financial
relations between Russia and the United
States Message read included those
from Ambassador E~ahhcmteN, Imperial
Minister Of Finance Rsrh. Minister OF
Foreign Aifairs SazauoN. Imperial War
Minister pol!vanoff and President ~
the imperial Council konlonlzecn.
james rar,naler ~ cleveland, rrcsi-
d"ut of IA" National carbon Company.
Was elected u member Of the board ~
directors. e. ". Royutou. chairman 81
the board, announced that satisfactory
had been made In the prelimi-
NARY work Of the organization and that
"A long list nf applications for member
ship had been received.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
GOLD SHIPMENT Is
MEETING BARRIER
Controversy Over Merchant
men Interferes With 49,
100000 for Holland.
N Y IS TO BUY TOBACCO

The controversy over the status Of
armed merchantmen has severely inter.
fered with the negotiations which have
been under way between New York
bankers. financial institutions In Hol-
land and the British Government for
the shipment Of between S5.000.o 900 and
$1,000, 900 IN gold to Holland to pay for
The American purchases Of Sumatra
tobacco at the public auction Of that
commodity to be held In Amsterdam
around March 8.
As . result OF this controversy over
armed merchantmen Great Britain is
not disposed to let the gold 20 through
to Holland. New York bankers are loath
to entrust that much gold to any one
vessel and marine insurance under
writers are extremely liesitant about
underwriting any risks On gold ship
ments into European waters. In case
that some settlement Of the difficulty IL
not arrived at American purchasers Of
tobacco In Amsterdam will have TO make
their payments In guilders, n necessity
which, owing to the fact that suilders
are over . per cent. above parity. will
cost them dearly.
Great Britain has been greatly or-
posed to any gold shipments to Holland
recently, but under pressure from Nev
York banking institutions practically
gave her consent to this shipment TO
cover the tobacco purchase after the
Dutch Government had given assurances
that Germany would get none Of the
gold. American tobacco merchants
were rejoicing over the fact that they
would be able to get their tobacco nj
the normal prices plus only the cost Of
the gold shipment to Holland TO cover
the purchase when the Teutonic allies
sprung their ultimatum regarding armed
merchantmen. Owing to certain terms
Of the sale those who purchase tobacco
AT the auction must pay cash.
II has now become apparent that un-
less some settlement Of h controversy Is
arrived at previous to the tobacco suc-
ton. or unless the American purchasers
are allowed to deposit their cash for the
tobs eco here 20 the credit OF some Dutch
institution. they will have 20 purchase
guilders to make the payment The
parity OF cuilders Is "A little over 40 cents
I'm our money, but exchange OF Holls nd
Is now selling AZ ~ 3-lS cents, owing IN
the prosperity which has accrued TO Hul-
land through the war.
Sterling exchange closed last night AZ
49, l5-l6 FOR demand and 4I6 7-lS for
cables. Demand IL exchange from the
previous close, while cables were quoted
on Monday AT 4.16i,. Francs We're
easier. closing at 5s7Ts FOR checks and
5s1i, for cables. They were quoted on
the day previous at 5.s1i4 and 5.s6'a
respectively. italian lire advanced from
90. t. 6.1l'.. while rihlss w.re un
changed At 3lI5.
Marks were lower, They closed al
80 5-i6 for sight drafts and IS us for
cables. They were quoted ou Monday AZ
10. And 49, respectively Austrian
kruneu dropped from 1880 to 1910.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
ARGENTINA GETS NEW
LOAN OF $@iS,5OO,OO0
Notes Almost All Taken In a
Day-Has Borrowed $685.
5000 Here.

Negotiations have Just been concluded
between a group Of private banking
houses here and the Government OF the
Argentine Republic for a o a Of SIS.
$1,000 The bankers associated In the
loan are Hailgarten 4 Co.. n. w. Halsey
& Co.. Kountze Bros. and A. Il. Leach
& Co. The loan Is for one year. The
proceeds Of the sale Of the bonds will be
devoted to internal improvements by
the Argentine Government.
The loan has something OF a novel
aspect in this market In that II is non
interest bearing. the notes being offered
to the public at 95il. being payable OH
February !, 1917, ~ par. They Yield
on this basis approximately 40. Here
tofore II has been customary for for
eign nations borrowing in this market
To make their bonds interest bearing
This system Of non-interest bearing
notes sold ~ "A discount Is one widely
used abroad. however, and represents
another step toward the adopting OF
European financial methods 10y local
bankers.
This latest piece NJ financing by Ar
gentina brings the total Of her borrow
ing In this market since the outbreak
Of the war up TO s5s.j0o 600. Argentina
previously sold two Issues In this mar
ket. The frst was SIS. 900. 900 one. two
and three year y per cent. notes and the
second consisted OF SIS, 900, 900 five year
8 per cent. notes. In both Instances the
bonds were purchased by a syndicate
headed by the National city Bank.
Tn reception accorded 10 the offering
~ the sls.5o0,o0 year notes yester-
day was distinctly favorable. There
was some hesitation AT mrs; over the
fact that the bonds were non-intereSt
bearing. selling instead un a discount
basis, but a. soon az this was under
stood the subscriptions for the notes
poured IN rapidly. II WAS SAID NJ the
close OF business las. night that less
than $500. 900 remained unso'd.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
BALDWIN DEALS REVIEWED.
President Tells ~ shops tsed sOs
Munitions

In tn. pamphlet report ofthc BALDWIN
Locomotive Works for TIA" year ended
December ~. 1919. ISSUED yesterday.
Alba y Johnson, president, say IN part .
I'm the report for l?lt reference wa
made To the falling of of railroad rev
cnues. which caused II general cessation
of purchases OF railroad equipment and
10 the paralysis of finances and Of huSi-
less which followed the outbreak OF the
war in Europe ~ further affecting the
unfavorable conditions. h depression
If business affecting all the railroad
equipment industries continued through
ou. the first half OF 1915. and Il was
40, until August that domestic business
began 10 show Improvement
'~Furiuna'-ly a contract was received
IN lu',,, for "a large locomotives FOR
IN. Russian Government. This contract
was completed during September and
October and proved to h. the t~orerurucr
of other important contracts. The pro-
ductiun VI the year amounted 20 Sl9,-
$685. tOJ OF locomotives and tn. other
usual products of tho works. and to
$2~,7i3,n1I.o3 Of other work resulting
from the war. making a total production
of every kind Of s22.0s3,Oil. %
THE directors nav considered Il in
advisable 20 manufacture complete am
munition. but they have authorized
undertaking work to a considerable
amount 10 be completed during the year
1916. subject TO the provisions OF the
contracts as 10 cancellations. In con-
NectiOn with these sorders Il was deemed
advisable to take an in,eres, Of 81 ooo,-
ono. par value In the recent Anglo
French loan.
In addition to the contracts taken
directly as above stated, arrangements
have been made for the erection or new
>lpuS on the complnN'S proper,v At
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-16
Consolidate E1chanxr.

Cru,lhlc steer. sharp recovery was ono
OF the features 81 the market On tho con
solidstcd stock Exchange NrstcrdHN. II
was strongly bid Tor AT N3is Al one time in
the lat. afternoon and som" sold a. hieh a.
s3i. This compared with an early low
price at 49,. and Was j"s points above its
closing uuo,utiou on Monday, II ,uioi tn"
lay At S2h., with ak circulating uu IA,
floor not only ~ the closing pf additional
war orders, but all" ~ a i%,"nlins '"psuii
latiou deaf. In contrast to IN" movement
In trucihlc was the heavy further d"rItu,
Of international Mcr.tutil" Marine pre-
%fcrrr,l, which, on sales Of about ~, 600
shares, after OPENING At ~, broke to
So, although u closed ~ G,A, Its dawn
ward movement Wa based upon reports
thai the British Government would furo" q
reduction of ON" half IN tho freight rate
upon munitions. 50 lar 49, The general
market was concerned There MAS u great
deal ~ irr"gularlty.
An,""nia az which moro than non
shares N,ro dealt in, MAS sold nu tho uoRs
81 ~ fire ~ en-" Of iis miu"A. THAT stock
opened a. ,o&, =, OF u pulut II"Nc it,
closing ou Monday. After touching ,p7
II fell to SH'-, hu' " closed ut 40 uitcd
state steel common changed hands +" III"
amount "f -, ,hn shares, u opened ut
s37s, up :, "f , pu,ni FROM IA" night ho
fore. touched 81 and then declined To sJ..
but II closed at S3Ta