davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
PUBLIC UTILITIES.

For the month OF March IN. MARKHAM
states Power Company reports gro,, sam
ings OF Ss7.9S0. which liz an increase n,
over the figures for March. IalL'
and net earnings OF 3265.sss, an increasc
of sSs.nis. The report for the y.sy
ended March 81 showed gross Of n. as
444 and net of s3,oO5. iOe, the former
being a gain. OF s750.1O3 and the latter nm
Increase OF sijG.b3i. ' a."
The United Railways COMPANY n, q,
Louis Il being sued by that city for III.
mill per passenger tax from January
1913, 20 April 30, 1915. amounting to sSl,'''
lN. In the cases recently decided avaips,
~" company $500" "oo was ,uyoi, ,l ,u",i
to s4t2,isI. '"N
The Mahon!ng and Shenanso Railway
ana light company, n subsidiary Of the
Republic Railway and Light Company. has
Just put In operation the new 20. 400 horse
power addition to the Lowellvllle penerat-
Ing station. The station now has 20 0oo
horse power capacity. Tho work wa, com.
pleted In record time. having beon
started In the fall OF 1918. "
Tile Augusta Aiken Railway end Electric
Cooperation reports for March gross earn.
ings OF ssT,.9s. an Increase Of $40. ala over
tho corresI ondinE month ias, year: net
earnings NJ s37.ls1. an increase OF sT,o7a
and surplus Of $50, SIS. an Increase Of a..
.6%. For the twelve months ended March
81 gross earnings were SI0t<07 and nct
earnings were sSs5.5lS, the former being
a gain Of S3O.S6l and the latter a Eain
Of Sl2,3Is over the preceding year. The
surplus for this period was eiss,:ls, or an
increase Of eiS.<o6.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
Visible supply 1890 Tons.

The monthly statistics. which beca me
available or Thursday. disclosed a Wis
ible supply OF 1870 tons. an Increase
OF 80, tons during the month and an
increase Of 1854 tons over the supply
held AZ the corresponding period a year
ago. Deliveries into American consump-
ton since January ! have been 7,2l5
tons larger. while the European de-
liveries have been S,2aO Ions smaller
than in the corresponding period las,
year. Shipments from the Straits In the
same time were i.176 tons greater than
In the first o months OF last year.
The result OF the fluctuations In the
London market was an advance OF e.
on spot Straits and on spot standard to
fc0l, while future standard advanced
f2 l5s. The Singapore market con-
tinue 10 maintain a premium Of fc
or more over the London market. ad-
vancing f2 during the week. with sales
AT f203 los. at the close.
Lead was dull and easier throughout
the week. with a decline OF about &c.
in the open market. There was no de-
mand for export and very little buying
for domestic consumption. Spot, MAY
and june shipments, was offered BY
dealers at 7h.c. at East 81. Louis. while
the New York market continued dull
AT ~ to 40 for the same positions.
The American Smelling and Refining
Company made no change in its nom,nai
quotation OF 7isc. The London market
receded 's. cd. or pot and dropped
lie. Sd. on futures.
Spelter was heavy. weak and lower.
with very little demand even at
decline Of y TO &c. per pound on most
positions. At the close Of the week
spot was held at 17tc,, May AZ 1s&c,
June at l6i&c. and third quarter de-
~iveries at Is 10 16kc. East st. Louis.
The London market broke Il on .pot
and +. on futures. spot being held AT
tss and futures at fsc at the close OF
the week.
Antimony was heavy. dull and lower,
with freer offerings and with iittie do.
niand. Spot was dificult to sell AT "a
to SIC and May at 35 to 35hc, duty
paid. while June-July shipments from
rthe Orient were offered at csc. in bond
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
DAIRY PRODUCTS MARKET.
RI-rTER-Ru,,er declined 40. again

Yesterday on ali grades OF creamery, on
larger supplies and = considerable accnmh-
l,tion Of stock with prices ra pii.N vnfh
ing down 20 the Spring level huyers. hrld
ak,ng only what they needed Tor
their immediate rcau'rements 40 nuSsr
decline. Renovated, packing stock. aides
and unsalted creamery steady Receipts
ass packages in the corresponding week
las, wear. Prices: fream"rN,. eNtt's,
~ score. sitsc higher scoring 'Eo
s2iac.; hrs;s. s0is ISii.c., seconds Is,sN
22i, a sac. prime 20 choice, ~ SIC STATE
dairy. finest. Sl'a @Ssc. s""h "a pm;
a soc; ladies', nrsts. e7ia "a CSC packing
stock, curren; make, nu"' &c No " -
"CHEEsE-Market continued Arm on al
grades and prices We're unchanged EN-
port buying has pretty well eNhsus'en ~"
Moderate supply and fairly active SKINS
continued quiet. Receipts for. the week
we're is.2Os boxes a%sains, is,,a% eGSss IN
Flat. held. colorei and white specials Is'g
ais's: ayspas% fsnrH' c,a Mi isI. ai
twins, held specials. lSt. Iiss.c good TO
fancy. I7ml7tc ,undergrad"s, held, ltu
i5Xr': fresh, l5aiGt., Wisconsin, twins,
lSs.c double daisies, held !NS.r' Young
Americas hold. l'd l''gc' tresn. Ins,n
i,alts.c lower grades, ga iols'. 49,,
EGGS Market continued urn on hish,
sraLe stock gnd e"s Tr o" eHaersrs'ewy a pe'
house report. showing a deficit OF 3s6,ooo
cases IN the public warehouses compared
Tho market Average quality Of all re-
ceipts has begun % show a decline, but
probably IS better th,n usua, 10Y ihis
more plentiful aud somewhat easier; line
nearby waite eggs steady, Receipts for
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
Consolidated Exchange.

Many additional substantial recov.ries
from the low levels reached In the opening
trading on Friday we're recorded ycsterday
on tho Consolidated stock Exchange. Mexi-
can Petroleum was a leading feature IN
the two hours dealings. II opened at l0l7,,
which was III points above It's closing
price on Friday, early touched lOI !. and
then developed renewed strength, advancing
to lOI ~. at which Il closed.
American Smelling after opening at ga.
and early selling a. 9It advanced to 90s-
but II closed Mt os7s cruclble steel Was
another very strong stock. II opened AZ
S2t. an overnight Improvement Of os-
points, Aftsr touching 's:h prom, taking
carried II back to sOA. but II again
strengthened toward the close. selling as
high as SO, Its Anal price wa. s27s.
1nternationa Mercantile Marine pre-
ferred opened At 40, -. points above it.
closing on Friday, reacted TO $50 and
then advanced to 90, but IL closed at Sos
Anaconda opened at s5n, Ia points above
then advanced 70 s5., d, which ii closed:
The opening price of United states Steel
common Was s3a. an overnight improve
m.nt OF . OF a point 1t sold as low az
was IT. Anal quotation. Reading closed at
ssh. its best price for the day. a point
above Its final figure on Friday.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07

H SUGAR MARKET.
Trading in Raw Dull-Rcnned
Strong-Futures Quiet.

The usual Saturday dulness prevailed in
the market for raw sugar yesterday. No
new business came to light. The tone OF
the market was very firm, however. and ~
was said that there was little or no sugar
available for May SHIPMENT from Cuba under
bSc. cost and freight. while holders were
generally asking i4.c.
Refined sugar remained strong Al the al.
vance. with refiners asking 7s5 to 155c. for
fine granulated. No new export business was
reported and the domestic demand was
limited. although there were far with
drawals on old contracts.
The market for sugar futures was quiet,
but prices were firm on the continued
strength IN the spot situation and DIVINE 10
n more optimistic view OF politics. There
was moderate buying ny strong interests
which absorbed scattered profit taxi NJ sales
and final quotations were net unchanged ~
6 points higher. Total sales were $50 tons
Prices follow:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
ACTIVE AND HIGHER
MARKET IN COTTON
Transactions on a Very Broad
Scale, With an Upward
Tendency.
FACTORS IN ADVANCE

Considering the fac, that trading yes
terday was confined to a I'VE hour scs-
sion. cotton displayed more firmness and
activity than It had exhibited in a long
ime Transactions were on a very large
scale and the tendency was decidedly
at a net gain Of about % points at prac-
tically the top prices of the day.
Persistent optimism in regard to 'he
conclusion of the war In the not far
distant future. the rise in silver. the
buoyant state of the textile industry in
this country. combined with the grow
Ing belief that a biz crop will be iinpos-
sible owing to the moderate acreage and
reduction in fertilizers. are the chief In
fiuences In promoting bullish sentiment.
For n time II was felt hat the advance
might be checked by the narrowness
Of the market. but yesterdays session
showed trading on a very broad scale
with big blocks OF cotton frequently
changing hands.
It liz also believed hat imitation -
beginning to play its part In the market.
The bulls argue hat cotton prices are
not hig and 1t IL clearly evident that
Southern holders have been strongly for-
tine0 Dy the anullitnCe OF money anu
the low interest rates prevailing in the
South.
crop conditions are favorable. Bred
strcet's SAYS Aside from temperatures
being too low for best growth the ie-
ports from the cotton crop are good an !
"A general increase In area is conceded.
In Texas cotton Is up with a good tan
in the northern and central part OF tie
state. Little replant!ng has been neces-
eary and moisture has been abundant ef-
cept In the Rio Grande region. Cotton
area II increased in Louisiana and MIS-
sissippi and is doing well. III Alabama
planting is about finished. Planting has
been delayed in the Memphis district.
wher It has been too cool for best r.
suits. II has been too cool and dry for
cotton I'm Georgia and South Carolina.
The Terrific Worid-Jonrnol reports
large increases In the southern cotton mill
Industry during April. including the con-
struction of six new mills. Two new co.,
ton mill plants are also projected for the
North.
rt- .f--zl lH,-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
An 8B Industrial With An.
UnbrOken Dividend Record

One of the most remarkable industrial develop
ments in the last twenty years is the American Drug
gists Syndicate.
It has an enormous plant covering nearly two
blocks, just across the East River at Borden Avenue,
Long Island City, two minutes walk from the new
greensboro subway.
It owns over 81, 900, 900 worth of unencumbered
real estate and buildings at that point and has branches
in Chicago, Kansas City and San Francisco.
Its stock pays go and it shows an unbroken divi-
dend record for the past eight years.
Its earnings are far greater today than ever before.
Its last published statement, December 81, shows
cash on hand and inventory assets ?$3, $685. lO39l, ex-
ceeding all its outstanding stock, which is $3,2 $4,000.
Its cash on hand ($445, O0O.OO) is more than double
all it's liabilities, which are confined to current pur-
chases, all within the discount period.
It has no preferred stock or bonds.
It was started by 900 druggists ten years ago, and
it now has over $1,000 druggists, over 5000 physicians
and more than 1000 dentists stockholders.
This company has always tried to confne the
ownership of its stock to druggists, physicians and dem
fists, but the number of individual shareholders has now
become so large that there is a limited amount of stock
to be had in the market.
Its prosperity does not depend on the continuation
of, nor will its earnings be lessened by, the settlement
of the War, or other such abnormal conditions.
The ADS. manufactures hundreds of household
preparations, toilet articles, drug store supplies, etc,
the trademark value of which, while not included in its
assets, is growing to be enormously valuable.
Three of it's better known products are:
ADS. Peredixo Cream
ADS. Peredixo Tooth Paste
ADS. Milk of Magnesia
/ The income from the sale Of these three alone
should soon be sufficient to more than earn the present
dividend.
am specializing in the stock. I will fill orders for
any number Of shares up to 100 at Sl4.5o per share on
Monday. l will buy any part OF 200 shares at S14.OO.
Make remittances payable to:
w = D Al cT0N cso.L. .nJ Ro,J.
Phone Broad 1880 New York. Is Broad Street
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE COFFEE MARKET.
slightly steadieP Tone - Days
sales Total $500 Rags.

The coffee market showed q slightly stead.
Ter zone yesterday In sympathy with the gen.
cral advance IN other commodities, which
was caused by the more favorable political
outlook. but there was only . small business
SAFES amounted to $500 bags. Underlying
trade conditions were unaliered and At the
present time sentiment - divided bet ween
nose who take u bullish view of the strength
IN Brazil and others who look upon the do.
nestle situation as bcarish.
operators were very apathctic and II seemed
TO be. the general opinion that the market
would continue to move in a narrow. list
less manner until something Of n more den.
mite character develops. which may be de.
pended upon to encourage aggressive opera.
tons one way or another. The spot trade
was very dull. but holders were not disposed
to make concessions and prices remained
nominally unchanged on the basis OF sAc.
Tor Rio IS and l0iac. for santos IL.
The official Brazilian cables reported Rio
exchange on London i.3sd. higher: milreis
prices IN Rio and Santos were unchanged
and receipts AZ the two ports were i6.ooo bags.
against 20,000 last year. Prices follow
Open. High Low. Clos. Prev.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
SATURDAY. May g.

May a..
Receipts Of beeves were 400 head, mainly
consis ned direct TO !ocl. s!aushtoysvs. so
transaotions. reported; feeling steady,
Dressed beer IN moderate demand, common
per lh.s
Receipts of calves were les head. In
Guiding g3 for the market. Demand active
aad prices firm to a fraction higher. Com
mon to prime veals sold at Sa3l1.37i,
per 100 lbs: cufls, G9S7.50. Dressed
lie, per h.: country dressed, il9i5c.
Receipts Of sheep and lambs were $50
head. Including one car for the market.
for both sheep and lambs. Fair clipped
Buffalo lambs sold At ss.7S per 100 lbs.
Dressed mutton steady al i2ai6bc per
d essed dollhouse lambs. NGSs per carcass.
Receipts Of hogs were 1850 head. In,
gliding only q few head for the market.
Feeling steady. Country dressed hoGs un
changed at 1o6itc. per n. for msAfum "a
light weights.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
but little business VA done except very

but little business was done except very
quietly.
Banca. English and Bolivian tin. upon
the shipments Of which few. II any. re-
str!ctions were placed. sold at heavy con-
cessions from the prices asked for
straits tin Chinese tin. sympathlzing
with the sharp advance OF silver. was
held almost as high as Straits tin.
Spot ~ ats tin az New York was In
very !ichi supply. as nearly all OF the
stocks he at the first OF the month
were be-. 'h'pped out on consumers
contracts IJnsequently dealers early in
the week We're asking 81 10 5lioc. for
the little spot Straits tin available. The
demavid. however. was very light and
sales were made late In the week at
80 l2c.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
bigger RutIa nd Line surplus.

The report Of the Rutland Railroad
Company for the year ended December
81, 1915. shows a surplus after the pay
ment OF all expenses and charges OF
sA9b,4 A4, as against a surplus OF $9Of,-
COS in 1914. The gross operating reve-
nues of the company were S~3.649,59I. AZ
against IS. 52S. OSb In 1914 operating ex-
penses were 32.472.ll2. as against So
72s,9 7s, and operating income was &97+,-
iss. a. against 35s2,&4s. A total of
S46s,170 va turned into . proht and
loss surplus.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE BOSTON MARKET.

BOSTON. May e-There was Q decidedly
tone in the market for copper shares
and prices responded easily to moderate de-
Rallies ranged from a fraction TO
more than . points. United Fruit and United
Machinery. with Atlantic Gulf and
West Indies furnished the activity In the mis-.
group. Prices showed substantial
Railroads we're quiet. The sum.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07

II was also evident from the Govern
ment report that stocks Of refined copper
decreased 81, 200. 600 pounds. while stocks
Of blister copper increased 1000, 900
pounds last year.
Domestic consumers las. week pur-
chased moderately Of electrolytic copper
for delivery during August and later
months, resulting in a further advance
OF about iac. per pound on such posi-
tons. On the other hand. buying OF
nearby months was scarcely sufficient
to take up the various offerings Of pro-
ducers. dealers and speculative interests.
Prices, however. were well maintained
at about 30hc. for May. SOC. for June
and July. August was n little frmer at
80 he. and later months were advanced
to 2sAc. per pound. There was some
~irregularity In prices quoted on different
days within a range Of NC. per pound Of
quotations given.
negotiating for 200. 900 900 pounds Of
copper for shipments beginning In july
and extending over the balance OF the
year. This also for the stronger
market or late deliveries. hut no impor-
tant amount Is reported to have been
actually sold,
The English market, sympathizing with
prices here. advanced American electro
lytic GO los. to fl50 for spot. Standard
copper was advanced IS on spot and flu
lures. to fl37 and f13O respectively.
Exports since May l nave been very
light-only 897 tons-but imports have
increased. Since January | arrivals OF
foreign copper have been $4,000 tons. or
nearly 90. 900, 900 pounds, greater than a
year ago.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
Market closed firm.
Prev.

The local marko, for spot cotton was steady,
% points advance. middlin-. l-Nr. southern
epot markets as officially reported were
steady, II TO - points advance. New Orleans.
i. 3sc Galveston. L. sOc savannah. l.A.c {:
Memphis. i2.jOc.; Augu-ta, u Ssc Houston.
l. eoc
Nau QrIaans n,arl.ni clnsnl s,cadx
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
TRUST COMPANIES
NOT MEMBERS OF
FEDERAL RESERVE BANK.
THE CHICAGO MARKET.

CHICAGO May S-The market Was dull hut
strong. Chicago Elev ated preferred gained :
swift and Chicago Pneumatic Tool
were also better. Union Carbide sold on after
a strong opening. Stewart. Warner WAS n point
hlsher. Bond market steady. The ummaty
Oman. HISh. InN Ilna.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE PHILADELPHIA MARKET.

PHILADELPHIA. May s-The stock market
here was Arm but dull. Tonopah Belmont
continued in demand AZ slightly advanced
prices, and william Cramp 4 Sons Ship
building showed a strong. upward trend, rising
from s6h TO 81 and closing at the latter
price. Bonds were dull The summary;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
C0TTONSEED OIL.

There was q moderate trade and a strong
market Yesterday, some prices reaching new
hIgh levels. Speculative demand was based
on better political reports and a healthy
consuming demand, Selling wa for renners
and Southern speculative holders, Exports
~ oil to date are asa, 900 barrels, against
8O<, 900 last year,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
COPPER USERS NEED
Big NEW SUPPLIES
Monthly Consumption Grows
From $1,000. 900 to $780,
OOO.O 900 Pounds.
PRICE OF LEAD DROPS

Domestic consumption OF copper last
year. az shown In the Government sta
~tistical statement issued las, week. WIS
at the rate OF about $1,000. o0o pounds
a month. The production OF refined cop
per In the United States wa, AT the
average rate OF 1886. 900 900 pounds a
month. The wonderful growth. OF the
industry In the last six months Il evil
dent In estimates that domestic consump-
tion since January ! has been at the
rate OF nearly 10000. 900 pounds a
month, showing an increase of $4,000
600 pounds a month over the average
monthly melting OF home consumer in
1915.
Production. howeDr. has more than
kept pace with hoQa consumptive re-
Guirements. especially az the exports
since January ! have fallen slightly be-
foreign shipments during the cor
responding period last year. The aver
age monthly output since January ! has
been very close 10 $50. 00o. 900 pounds n
month. or an increase OF $4,000, 900
pounds over the average monthly pro-
duction last year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE BALTIMORE R X

BALTIMORE. May s-Cosden REFINING NJ
% was ~ above frst prices. Cosien Oh and
was more active and sold up 10 siq. a
OF point. and the preferred was also
al ~ Bonds were auict The sum
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
BUSINESS OppORTVNITIEs.

A PARTNER With capital to market q
newly discovered remedy. ECGENIST. box
it6 sun Office.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
More Restrictions on Tin.

The English Government continued To
PLACE severe restrictions upon shipments
of Straits tin from either the East In
dies or from London. m 1t is notable
that the few limits offered here from
Singapore were applicable only TO con
Stunning interests. dealers being dis
eliminated against to an unusual de-
gree. Early In the week some liberal
sales of tin for July-Ausust shipment
from the Straits were made by importers
to large domestic consumers at HHc.
to 4%iso. More recently prices Of these
positions we're advanced Nc . pound.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
THE A NIX E


Res. in deposi.
tories ...,......, 1855. III. 1000 s.Gltpo 1,7ss,ooo
'Res required
on net demand
and time de.
posts .......... 81. s3s. $40 $685. 30 ii. 73s. $50
Excess reserve. T.ti3!6s0 1882. $50 $3.50. $50
Dec. in excess. $685., $50 t2,3s6 go t3.yo6.oO
-
'In the case Of State banks and trust rom.
panies only reserves on net demand deposits
are given, no reserve being required on time
deposits. Increase.
ACTUAL CONDITION.
Members Of
Fed. Res. state. Trust
Bank. Banks. Cos.
Last three ciphers omitted
Capital ........... ylij.3jg 1880 Gt.1J0
Net profits ......... lS.,O2 3.l03 foi,u1
Loans. discounts, IN
vestments. &c.....I PSI ss g1s.s5o 1.01s.o65
tsOlu. ...s.ss....s.s.... lNI.tN' SS."I sZ.oIl
Legal tenders. ....... 900 1897 SAL
Silver ......... bs,06s l0.7 $3.50
National bank notes
,counted as reserve
for state institu.
NlOHs' ..ss..ssss.s.. .... l,Et l.yIi
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07

The Liverpool market opened quiet. There
was a quiet business IN spot cotton, with
middlins . points decline at >lS. Sales, 900
bales; receipts, i.nnl: none American. Closed
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
Detailed Statement.

Weekly statement of resources and
liabilities OF the New York. Boston and
Philadelphia Federal reserve banks:
RESOURCES.
Boston y Y. Phila
Last three ciphers omitted
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-07
DAILY TREASURY STATEMENT.

WASHINGTON. May s--The statement Of
the receipts and disbursement OF the Treas
ury shows:
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1916-01-13
WALNUT TREES TO WAR
They Bring Fancy Price-Arc Needed
for Gun Stocks.

Lincoln, Neb., Jan. 13.-Munition
makers in the East are not the Only
ones to whom the European war is
bringing increased incomes. Nebraska
land owners who have walnut groves
about their homes or walnut timber
along the creeks on their land are
reaping a harvest.
-Four carloads of walnut logs to be
used il the manufacture of gun
stocks for the European armies were
shipped in one day from Sprague,
Neb. All this lumber was grown near
Sprague. 1t was sold to a Kansas City
firm, which will make it into rifle
stocks before shipping it abroad
Most of this supply will go to England
and Russia.