davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
BUSINESS OPINION
SHOWS CONFIDENCE
In Countrywide Canvas Sees No
Shock When Peace Comes.

The banking firm of Harris, Win
throp & Co has sent a QUESTIONABLE to
1900 men OF affairs throughout the
country The purpose was TO ascertain
whether in their opinion the present
prosperity was artificial. 10 discover If
there was danger OF pronounced recess
sion in trade with the coming of peace
in Europe.
The result Is given in an eighty
four-page publication. There were
LILO replies received. They indicate
that the state OF the nation is better
than was supposed and peace threatens
try or trade. Apparently higher prices
have not retarded the consumption
Of goods, and seemingly the vast ma
jorty Of people are satisfied with the
operation Of the Federal Reserve law.
There is little doubt that the bulk Of
the business world wants the tariff
taken out OF politics and that antag-
onsm TO the railroads has subsidized.
1t was evident from the replies that
the war has increased American ma
tionalism and the sense of civic re-
sponsbility. II was plain that business
men are Overwhelmingly for prepared
ness, that they think our foreign trade
will not be broadened without adequate
protection TO Americans resident or
having property interests outside this
country and that they are about equal
ly divided in regard to Intervention in
Mexico.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
traders Still Favor the
Rails-Reading Again
the Leader.
RIG DROP IN THE
PRICE OF SILVER
orotation Of Four Cents from
Saturday-Other Metals
Are Declining.

The ,peculative interest in the rails
=, .ppsrent 81 the end Of last week re-
lived further impetus yesterday.
r,lvsv stocks again furnished prac-
,,,uv the whole show, with such old
Nv. favoritcs as Reading, Union Pa
IA, and st. Paul leading the way. Big
to.iness was done in this end Of the
be. Reading alone showing over 200
,ao shares for the FIVE hours out Of a
.,.sl turnover OF around 100000 shares,
vLile Union Pacific had around $4,000
.,s,res 40 its credit. Erie $1,000, Lehlgh
Vslev $4,000. 81. Paul l4,5O0 and Cana
Ian Pacific 10000 The big gains IN
de rails were in Reading, Union Pa
%fc and ST. Paul, all three getting
MO new ground for the movement
reading al lO92 established q new
t,rb record and showed an advance OF
carly g points from the low OF the
Ssv. Union Pacific crossed l42 for a
ssin OF more than points, while St.
PAU rose 90 par for the first time IN
r.sks. up 20 25s points. An exception
"a the general run in the industrials
vas Consolidated Gas, which advanced
iis.s rail. crossing 40 for net gain
~ more than points. Gossip In the
Street associated the renewal OF activ--
Nv IN Gas and St. Paul with reported
Poek.feller buying.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23

Bar silver dropped an even four
cents an ounce i'm this market yestcr-
day. following a decline Of twopence
In the London quotation. Metal that
was worth 1914 cents on Saturday
brought but TIA cents yesterday
which was some six cents under the
recent high price. The suddenness and
extent Of the drop took the trade here
BY surprise. A break of such proper
lions IN q single day had not been
known iu wears, If ever, the trade said,
and 90 add TO the unsettlement the
osy's London cables gave no adequate
reason for the development. For that
reason some local dealers in bullion
laid tho break TO manipulation on the
ether .de, where the control of the
market Is centred in comparatively few
hsnds. Speculative selling by prospect
I've BUYERS in the London market was
also believed TO have played part
forcing the price lower, although a
nore important factor probably rs the
uayy shipments of silver from New
YORK 10 London Of late. IN the last
three weeks around $4,000 600 Of sill
yer has gone 10 the other side. an
amount which under the circumstances
would seem sufficient TO cause a sharp
:rop In prices. Bullion dealers were
very much upset by the break and
Eould make no prediction yesterday as
70 the future course of prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
GOYERNMENT BONDS.
ACTION OF KENNEC0TT
SUBJECT OF INQUIRY
100000 Shares Shifted with
Little Change in Price.

The stock market action OF the shares
of the Kennecott Copper Corporation
on last Friday and Saturday, it was
learned yesterday, has been made the
subject of an investigation by the Stock
Exchange committee on business con-
duct, popularity known as the police
committee.
During the two days being made the
basis OF the inquiry more than 100000
shares of the stock changed hands be-
tween a low price of 552s and 56iA
scarcely more than a point The police
committee, after a session yesterday
lasting about two hours, declined 10
make public the result Of its findings.
One of the unofficial explanations of
the slight variation in the price of Ken
necott over a period in which the deal
ings were unusually heavy was that a
pool in the stock had liquidated large
part of its holdings and that another
recently formed had agreed TO take
over the unliquidated portion. As part
of the transaction, It was said, block
Of 5000 shares appeared on the mar
ket Saturday morning for sale az 569s.
When it became known that such a
large offering was awaiting liquidation
frightened holders rushed in TO sell at
56L and in the meantime the pool
holdings were withdrawn from the
market. knowledge of this was imme-
diatelv followed by complaints from
those who had sold their stock.
Other complaints have reached the
exchange authorities because OF the
manner in which the stock is being
handled. Yesterday 27900 shares were
dealt in between 55$t and SOS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
IMPORTANT CHANGES
IN TEL. 9 TEL. HOLDINGS
Increases Attributed to Bond
Conversion.

a list Of the important Shareholders
Of the American Telephone and Tele-
graph Company on April l as compared
with the same period a year ago re-
veals some substantial changes. The
increases in the holdings of individual
and banking firms were believed to be
accounted for in part by the conversion
Of the company's AZ per cent bonds
into stock, while the reduction may
have been due TO the lure Of speculation
in the war stocks and TO some extent to
European liquidation.
The holdings of the Crane family, Of
Massachusetts,, according TO the tabula-
ton made public yesterday, now total
46,739 shares, against 1885 a year ago.
There were only three changes in the
holdings of the directors. Theodore y.
Vail added fifty shares, bringing his
total ownership up 20 1000 shares;
Henry S. Howe acquired seventy-eig ht
shares during the year. and now has
800 shares, while Alexander Cochran
lowered his holdings 500 shares, TO
1000.
Banking firms as a general rule added
to their holdings during the period
covered by the tabulation. Homans q
Co.. of this city, are now credited with
300 shares, against only ZOO snares IN
1915. Among those who appear as own
ers Of the stock for the first time are
Arthur f. McCabe, with 1888 shares,
and II. B. Robson, with 4,245 shares.
The holdings of Arthur A. Marsters
ct al, trustees for the American Tele-
phone and Telegraph employees, were
lowered by 1858 shares, to 97,447. An
other large decrease in ownership was
that Of the Bankers Trust Company,
which was listed with 37,107 shares,
decrease of 1s,207. This may have been
due to European liquidation. The no d.
ings of the Atlantic and Pacific Tele-
phone and Telegraph Company were
increased by 1910 shares. TO 3O,Ol6.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
CURB PLAN FAVORED
Ballots In Indicate Outside Market viii
Go Indoors.

Z. X. Mccormick, chairman OF the
New York Curb Market Association and
OF the special committee working on
its reorganization, announced yester-
day that out of 1870 ballot thus far re-
ceived on the plan to 90 indoors 1913
were in favor and only against. This
was considered as an indication that
before many months the members will
be trading under roof, with their own
ticker service and other facilities for
giving the public a better market.
All the votes Of the members must
be in by Saturday, and a majority will
be considered sufficient for the commit
tee TO go ahead and put the reorganiza-
ton plan into operation. There are
1913 members in all, leaving 203 still to
be heard from.
Under the plan for housing the. out
side market the membership will be
limited to 400. For the sixty-seven va
cancies to be filed there are already
1870 applications. The demand has
caused 81 200 to be bid for seats.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
PROPOSALS.

SEALED BIDS WILL BIZ RECEIVED By
he Board 81 Water supply, a. its Offices.
twenty SECOND floor. Municipal Building, PARK
Row Centre and Chamber1 Streets. Sew
Yor, cay. until d a. n, on Tuesday, June
10. 1916. FOR Contract ftf. for the Construc-
tion Of two concrete-stone and brick build
iugs. approximately 40 feet hy d Zee, hy .
feet. go square yards - brick pavement.
900 feet % haIustrade. Bnt doins misceilaus-
Gus work at Silver Lake reservoir. staten
Island The foundations fnr tle buildings
have been blllt and tho pavement founia-
ZION will be- built under another contract
AZ the above place and time me bids VII
f. publicly opened and read. Pamphlets con-
tanning Information Tor bidders. and con-
trarf drawings. can be- obtained a. The above
address. at ths Office OF the Secretary. Dr. de-
posting the sum ~ Ten dollars Slol IN
"a ia or its equivalent FOR each pamphlet.
For further particulars apply 90 the once
OF the Principal Assistant Engineer. AZ tho
CHARLES STRAUSS President.
CuAitIEf A. CHADWICK.
JOHN D. CALVIN,
Commissioners. Board % water supply.
GEORGE FEATHERsTONE. Secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
Most Melals Sell Lowe.

L may be no more than a mere CO.
incidence. nevertheless the tendency
toward decline displayed by most met
ais attracts attention and raises the
question whether production has not
caught up with consumption. II this rs
The case, II would appear that the top
level prices has about been reached
and tie trend OF metals has crossed the
divide. Not only is 10 true that prices
Of the majority Of the basic metals,
excepting copper, have eased off, but
steel quotations. too, have moved lower.
The decline in steel has not been large,
% is true. but the fact that the ten
dency IS ia this direction is the i'm
Iortsnt thing. Looking over the list
Of the metals which have been much
used for war purposes, II is found that
qucksih p has dropped from a high
Of $500 a seventy-five-pound flask TO
under 500, tungsten from sS5 to $40 a
ton, anthony from IS cents 10 81 cents
pound spcltor from 81 cents TO 1874
cents and tin from 81 cents TO 1926
cents Copper, on the other hand, has
te.d firm around % cents for future
delivery
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
HAY AND STRAW.

Receipts via New York Central at SD
Street shed are somewhat heavier and mar
ket there easter, but AZ other points sup
plies no larger and prices steady. HAY.
large baled. timothy. No l. ton. s29q $50;
No to No 2. S2l0 SOS; shipping, slsds20;
fancy light clover mixed. s26G SGT No
clover mixed. S22G S24 lower grade clover
mixed. Sl50$2i. RYE STRAW. No /. $3.50
n $3.50. Small bales about 81 under large.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
PrOtectionists Advocate
PrOhibitive Tax or
Foreign Makes.
PROPOSED MEASURE
HITS AMERICAN TRADE
U. S. Shipped S3,600,000 of
Touring Cars and Trucks In
Three Months of 1916.
BY YVES GUYOT.
IL. Miahtcr Of Public Works. Editor Of "t'As.nes
EoonsmIaus 81 Finanelere."
nv Cabs 70 The Tribune

nv Cabs 70 Tho Tribune
Paris, May ON. Alexander
Ribot's proposed taxes give an inter
esting light on the commencement
and applications of the income tax.
NJ. Joseph Caillaux estimated that
100000 people would be affected.
There have been only 10000, Of
which 10000 are in the Department
of the Seine. and the rest in other
departments.
AS for direct taxes the administra-
ton has lowered the number of those
affected to two-ffths, explaining the
reduction by the number living in the
invaded regions and those modified.
The revenue received amounts to
forty millions, and it is now proposed
by the new tax TO raise 1t TO a hun
dred millions.
It is the first turn Of the wise, and
the Socialists will certainly demand
that II be further frightened.
Protectionists In France have gono
mad. The first thing to be hit was
the importation Of automobiles, and
this will be particularly hard on
America. For the first three months
of 1916 France imported touring cars
TO the value Of 100000 francs and
trucks 100000, nearly all from
America. The prohibition of auto
mobile imports out and out is the end
sought by protectionism.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
SEABOARD VOTING TRUST
Charles II. Sabin Among Seaboard
Members. b. Dennis Quits.

The Seaboard Air Line Railway an
nounced yesterday the personnel Of a
new voting trust which will direct the
affairs of the company upon the expira-
ton of the present voting trust next
wear. The membership in the new vot-
ing trust has been increased by the
election of Robert F. Maddox, Of At
lsnta; Charles II. Sabin' president OF
the Guaranty Trust Company; c. Sid
new Shepard, of New Haven, Clarence
w Watson. of Fairmont. W. Va, and
George W. Watts, Of Durham, y. c.
Members Of the present voting trust
who are continued in Office are s. Da-
vies Warfeld. chairman OF the board;
Samuel l.. Fuller. Frank A. Vanderlip,
president Of the National City Bank.
and Albert II. Wiggin, president Of the
Chase National Bank John b. Dennis
retircs from membership.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
Bio Fuse Order Confirmed.

" II. Marshall. president Of the
American Locomotive Company, con
frmed Yesterday the report that the
connany had taken an order for 1900
000 S-ineh fuses. 20 cost 100000. The
Westinghouse Air Brake Company will
manufacture one-half the order The
American Locomotive Company mas
taken orders for ten Santa Fe type
freight engines for the Denver & Rio
Grande Railroad, three MikGdo engines
for the Ann Arbor and one snowplough
for the Canadian government railways.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
Reading SIN @Cum-Mystery."

Unlike its stellar performance Of
las. week, Reading got slow start
Yesterday. For time 10 looked very
much as Il the speculative spring IN
he stock had been completely sprung
in the rise Of the closing days OF the
vsek However, when Reading finally
did get started 20 made up for lost
tine. After crowding the l03 mark
most Of the forenoon a sudden demand
fppeared for the stock from a source
hat was reported a heavy buyer last
week. and Immediately things began 70
hspnen. ln a few moments Reading
had climbed above 1O4 and 81 the end
Of the noon hour had crossed Jos.
Subsequently 10 spurted again and at
the top Of the day stood at lO9s4, clos
inc orlv shade under that figure.
Less was heard yesterday Of melon
cuttings and change Of control and
more Of drive against the shorts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
PROVISIONS.

The market for hog products was inactive
but prices were lower owing to selling
which was thought 10 be by packers and
influenced by easier hog markets and the
decline in grain. Receipts OF hogs at Chl,
csgo we're 5000; Kansas City received
nj 900 and Omaha $500. PORK steady ;
mess. s25.5O0 s26: family. S26M SIS short
clear. s23mS26. BEEF quiet mess. $1,000
SIS; family. sl9as20; packet. slsmsl9 eX.
ira India mess. S3OH S3l. DRESSED HOGS
steady: bacons. 1880; $50 ID: l8'sc ~ iS 30
MEATS Picked bellies easy: 10 10. l5@c :
IL ID. I5a,c; "a 10. loo; picked hams firm.
isbdl7Ibc. TALLOW barely steady spe-
cial. lie; city, lO4c; country. l0t4 Oate.
LARD easy; middle West. l$.iOH Io. ~, .
city lard easy. l31l3isc. refined lard 9s .e .
Continent il.3Oc: South America. l4.5Oe
Brazil. kegs. l5.50c: compound steady, ll's
Gg12i.c. STEARINE dull oleo, l2M &c :
.ifv lard stezrine, l4Ml4Hc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
CHICAGO PROVISIONS.
COFFEE

II. .oF,. market was slightly reactionary
and price, declined gar points under scat
ted liquidation. The volume Of business ses
was not large. total sales amounting to Z"ooy
bsgs but buyers were less aggressive ana
there was more or less selling owing TO the
less pacific news from abroad. CONDITIONS N
Rrazi we're not particularly altered IN iaet'
la,t and freight offers were hrmer, but the
trade here believes that the strength In Bra
ali is Of a local character and consequently
sbould not be given too much consideration.
In the cost and freight market santos os
were offered at ll.ojc for prompt shlpmeht ;
49, Il M, for July-August shipment Lon
a., credits and Rio "a at e.S5c American
cTedits. private cable was received from
Brazil stating that the crop is delayed; but
,,srs no explanation or reason for the delay
The spot market was quiet but hrm' with
Rio Is quoted at 9Jsc and Santos a at loe4c.
Range Of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
SITUATIONS WANTED.
DOMESTIC SITUATIONS WANTED.

Male.
BUTLER yALET.-sco,ch; sI-srnt r,Ssrvnoss
city. county. Niss Shsushasssys AssaJ. II
West t7d 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
OATS.
NEW YORK PRICES

Market easy; No Western. sio5l1, c I Z
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
FLOUR AND MEAL.

The flour market was lower 10 conform
with the decline in wheat. but trading was
inactive, "a buyers were disposed TO await
further developments. RYE FLOUR easy ;
fair to good, s5.40MS5.55 choice TO fancy.
S5.60MS5.75. CORNMEAL barely steady
kiln dried 1925. BAG MEAL steady; fine
white and yellow. Sl.s5; coarse. Sl.6i.
FEED-City steady; bran. bulk. s23; lOO-lb
sacks. $3.50: heavy middlings do. $3.50 ;
-four middlngs do. $3.50; red dog -four.
l4O-lb sacks. s33: Western steady; bran,
lOO-lb sacks. $3.50: standard middling5 do.
s25. so: -four middlings do 5000: red dog
-four. liO-lb sacks. $3.50; oiimeal, SSl
l,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
Foreign Selling No Longer Feared.

As railway shares and other inter
nationally held stocks climb higher
rom day TO day without any outward
evidence Of increasing offerings the
Telling grows in Wall Street that sell
ing from London. II it has not ceased
entirely, has 40 least dwindled TO such
small volume az 10 be of very little
consequence so far as influencing
Prices. I'm other words, IL is felt that
NE British Treasury is pretty we'll sold
out Of ITS supply Of American stocks
Bs'hered DO under the mobilization
seneme and that liquidation from this
quarter IS no longer 20 be feared, the
sig-ment being that if there was still
any large amount Of stocks 20 be sold
here Tor British account current prices
ought certainly 20 prove attractive. II
nay be, OF course, that selling from
london is still in progress on fair
leaie, as in markets Of the size eX-
peeHenced lately a considerable supply
VI stocks, especially rails, probably
could be absorbed without causing any
great unsettlpmont
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
SHERIFF's AUCTION SALES.

HENRY BRADY. SHERIFFs AUCTION
Ger. sells this day. Tuesday, May %, 1910.
at ID o'clock in the forenoon, a. So T.
f25th street, all the right title and inter
e.f that the Defendants. Jacob Porper and
Max SCHROEDER. had on May o. 1916. or a.
any time thereafter, o. be- and 20 the fol-
loving. National Cash Register. show
case electric fans chairs, tables. mirrors.
steam tabl-. range. coffee and tea urus.
dishes. electric signs. awnings. clocks hat
racks. etc.
ALFRED r. SMITH Sheriff
PATRICK !. CONLlN. Deputy ShcriM
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
METALS.

Copper was firm. with eleetrolytic quoted at
29N30c for August and later delivery. On
the New York Metal Exchange tin was quiet.
with spot in fve-ton lots quoted at 4S.50H
950c In London tin closed at fl96 for
standard spot and at Sl96 for futures. with
sales OF 80 tons spot and 80 tons futures.
Copper standard spot sl37, futures fl34 and
eectrolytic spot el5s. with no sales reported.
The local lead market was easy. closing at
7I215d soc for New York delivery and at
712tb6L7 30c East st Louis. Spelter dull.
New York nominal and East st Louis spot
l5c asked. The American Smelling and Re
fnng Company quotes lead at 7.5Oc for New
York delivery and at 7.42i2 for East 81
Louis.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
COTTONsEED OIL.

The market for cottonseed oil was only
moderately active and prices were lower.
closing with net losses Of 5gl0 points. The
easier tone 20 the lard market. rs well as
the decline In grain. had a bearish influence
on sentiment, and there was more or less
selling. part Of which was thought 10 be for
Southern account Crop adyiccs were rather
more satisfactory, but there was an absence
Of pressure in the cash position. and traders
"a n rule were inclined 10 be timid about TAX
ing an aggressive stand on the selling side.
Range OF prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
Calumet and Hecla Report.

The Calumet and Hecla Mining Com
rany reported yesterday for the year
which ended December 81 last sur
MUS Of Sl.353,579. The production Of
conner amounted to 72,6l3,320 pounds,
of which 1882 ,S02 pounds were pro-
duced from Sand Bank at Torch Lake,
Mich, at a cost Of 9.33 cents pound.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-23
sURRoGATEs NOTICES.

II PURSUANCE OF AN ORDER or
Honorable John 3. Cohalan. Sgrrosats
Of the county Of New York. NOTICE 10
hereby given 70 all persons having claims
.osinst Martha d. whitr!dge, late Of the
County OF New York. deces sed, 70 present
the same with vouchers thereof 10 tho
subscribers. al their place OF iransaeung
4 Rice, cur attorneys, No. 50 Wall Street.
In The city q New York. on or before the
Is, day ot July. 1915. next
Dated. New York. tho goth day or De-
poUGLks n. THOMAS
FREDERICK w. WHIrRIpGE,
wurTRIpGE. BUTLER q RICE,
Attorneys for Executors,
80 wall 81. New York CITY.
IN PURSUANCE or Az ORDER or HON
John p Cohalan. a Surrogate OF the
County or New York. notice 10 hereby given
20 an persons having claims against caro-.
line Leach Endicott late of the County OF
New York. deceased, 10 present the sans
With vouchers thereof 70 the subscriber. a,
his place Of transacting business. az the
Office Of Perkins q Train, 40. 81 broadwAy,
in the Borough Of Manhattan. city OF New
York. on or before the nrs' day OF NoVem-
dated New York. the 18Th day Of April
1915. ro--,.,, r
PERKINS & TRAIN,
Attorneys for Executor
SO. 81 Broadway. Borough ~ Man
hsttan. New York CITY. y. Y.
ERTuErLER. BELLA-IR pursuane. OF
an order of Hon. John 7. CohGlan.
Surrogate OF the County Of sew York. no.
tice u hereby given to all persons having
claims against Bella Erthelier. late ~ fhs
County of New forh. deceased, % present
tho same. with vouchers thereof % ths
subscriber a. her place Of transactins
business. No. % Ncssy street. in the city
OF Sew York. on or before tho 2ltn day %
October next
dated. New York. the 7ist day Of April.
1916.
FLORENCE ERTHEfLER BfSG.
Administrative
MORRIS COOPER.
Attorney for Administrstrir. 20 Ye.ey
Street. New York city