davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1917-02-24
stock Averages Compared.

Persons who follow averages will
find some interesting comparisons in
the following average prices for
twenty railroad stocks and twenty in
dustrials for this year and in a series
of years: The high for rails this
year was established on January 3 at
10376 as against a high in 1915 OF
1I2.2S; in 1915. OF 10s-2s: in 1914.
1O9.43: 1918, of 1870; in 1912, 124.35;
in 1911, 1886, and a high record Of
1886 in 1906, which compares with
1884 in 1905, and 119.46 in 1904. The
high of twenty industrials this year,
established January 3, was 9s.1S
against 11O.15 in 1916: s3.43 in 1914;
Ss.5T in 1913; e4.I5 in 1912; sI16 In
1911: 1886 in 1910: 1O0.53 in 1909, and
ss.3S in 1908. In 1906. the high year
for rails, the industrials averaged the
high of 1O3, as compared with 1885
the year before and a high OF 6s.44 in
1902, when the high for the rails was
129 SO. In a list OF more than 500 divi-
dend paying stocks dealt in on vari-
GUS exchanges in this country<there is
a present average yield of a little
more than per cent for the rails
and a little more than Z per cent for
the industrials.
The Washington times., 1917-02-24
GAS AGAIN REACHES ITS RE.
CENT HIGH LEVEL.
During the Regular Call Thirty
six Shares Change Hands at
7s-After Call Twenty-six
Shares Shift at the Same
Figure-Other Stock Trans
actions Are Light.

oddlots of Washington Gas stock
which sold at rs. the recent new high
for the stock established last week
featured trading at today's session oi
the Washington Stock Exchange
During the regular call 36 shares OF
the stock changed hands at rs. and
after call an additional 2s shares sold
at the same figure, making the total
transactions 81. The price rs wa;
firmly bid for quotation lots of the
stock. but it was evident that MOTH
ing more than odd lots of the stock
were in the market at this figure.
Other stock transactions were light
An odd lot OF Railway preferred sold
at 50, with this same price bid fol
quotation lots. Twenty shares OF
Union Trust Company brought 125
and the same number of shares OF
Continental Trust stock sold at the
same figure. Mergenthaler Linotype
stock was stronger, the price fol
quotation lots being advanced from
1861 to 167, with the only sale an
odd lot at 1871. Ten shares OF Mer
chants Transfer and Storage Com
pany, the first traded in for several
months, sold at par.
The bond list was almost neglected
a $500 Washington Gas 5 at 1861
and a Graphophone first at 1924
being the only transactions.
Arlington Re-elects Board.
Directors of the Arlington Fire In
surance Company were reelected for
the ensuing year at the annual stock
holders meeting this afternoon, as
follows: William T. Brown, Charles
r. Edmonston, Burr N. Edwards, Her
bert A Gill, Robert c. Howard, w.
Bladen Jackson, william King, Alex.
ander B. Legare. Samuel L. Phillips,
and Isaac E. Shoemaker.
Officers will be ele, ted at the March
meeting OF the board. No changes
are expected.
William NJ. Beall was elected a di
rector to fill the vacancy caused by
the resignation OF James NJ. John
ston.
The Washington times., 1917-02-24
BOMBED ship, BUT
SAW ALL OFF SAFE
American Was in Crew OF De-
stroyed Norwegian
Vessel.

Solomon Troizhe, Of San Francisco,
was aboard the Norwegian bark Blen-
helm, bound from Pensacola 70
Greenock, which was sunk by sub
marine on February %, Consul Frost
at Queenstown reported to the state
Department today. Troizhe and the
entire crew was saved.
The Blenheim, Mr.. Frost reported,
was stopped thirty miles southwest
of Fastnet. When the master sig
nailed submission the crew was given
ample time to take to the lifeboats
and the vessel was then sunk by shell
fire.
The submarine tossed a line to the
lifeboats and towed them until Q
British naval vessel appeared on the
horizon, and then cut the lines and
disappeared. No one was injured.
Troizhe was born in Porto Rico, but
has spent most OF his life in San
Francisco. The Blenheim carried no
guns or wireless.
After drifting twenty hours in open
life boats fourteen members of the
crew Of the Norwegian steamer SkirnZ
including Louis Pinto, a Porto Rican.
were rescued, Consul Osborne, at
Hardt, reported to the State Depart
ment today.
The Skirm was sunk by a German
submarine. twenty miles of Freeport,
on February 10, Osborne reported A
warning shot stopped the vessel, the
crew was permitted to leave, and .
bomb then sent II to the bottom. The
vessel was unarmed and proceeding,
in ballast, from Freeport to Cardif.
The Washington times., 1917-02-24

As there is nothing to indicate just
how long the holding of ships OF the
International Mercantile Marine Com
pany will last, there is considerable
bearishness in the street on the
shares OF the concern because of the
decreased earning power that must
develop with a large part OF the
American fleet tied up. II the policy
adopted in respect to the American
line should be extended to other boats
of the company under American reg
istry, II would be conceivable that a
substantial inroad would be made into
earnings account. particularly as in
the last year about one-half OF the
$40 900, 900 earned by the Interna-
tional Mercantile Marine Company
was contributed by owned and chart
cred vessels of the American and the
Atlantic Transport line OF West Vir-
ginia.
The Washington times., 1917-02-24
BusIness Activity In Mexico.

The most optimistic item of late
from Mexico is the news that the
American Smelter and Refining Conl-
pany has blown in three lead furnaceS
tt Monterey, that two copper matte
furnaces will be blown in there soon,
and that resumption OF operations at
Natahuala awaits only the stamping
nut of the typhus epidemic. The big
gest oil gusher in the Tampico field
celebrated its first, birthday the other
lay. and reports from the fields are
hat there have been no recent inter
ruptions of shipments. The trickling
through OF these reports apparently
forecasts another good day when a
news item from the southern republic
will not be tinEed with scarlet. and
when many American dollars. idle for
many months, resume their task OF
;rinding out profits.
The Washington times., 1917-02-24
THE CURB MARKET
Trading Active and Prices Are Be-
low Previous Closing.

NEW YORK, Feb. 24-Trading
was active for a two-hour session in
the outside market today and as a
rule prices were below the closing
quotations of last night. The steel
shares were the most active in the
industrial list and all showed fFac-
tional losses. Midvale Steel declined
to 53l5, of y, and United Alloys
Steel reacted to 431a, of half OF a
point.
The m tor shares were the only
exceptions to tLe general downward
movement and fractional advances
were reported in the more active
issues. United Motors moved for
ward one half of a point and Redden
motor Truck gained 4. The Inde-
pendent Oil shares were fractionally
lower. Copper shares were fairly
active with Magma Copper sold
lower.
Bonds were fairly active and sold
fractionally lower, especially the for
eign governments.
The Washington times., 1917-02-24
TODAY'S SALES.

Washington Gas SIS. s5OOd106%.
American Graphophone SIS, 5000
1O2k.
Washington Railway and Electric
pfd., 34s2.
Washington Gas. 2161s, 1o97s, 5d
IS.
American Security and Trust, Ia
26O%.
Union Trust, 106125. 1Od125.
Continental Trust. 10d125, 1Oq125
Mergenthaler, 1d167h, 2q167h.
Merchants Transfer and Storage
10 100.
After call-washington Gas, 10d
rs, ears, 10G7s.
Omitted from yesterdays record
Sale of 5000 Washington Railway
4sqS1 k-also sale OF l share OF
Mergenthaler. reported 6166h should
have been 1 share d16s.
The Washington times., 1917-02-24
BALTIMORE GRAIN MARKET.

BALTIMORE, Feb. 24.-Wheat
flrmer: Fenby March and No. red
spot. S1.93k: No. 2 red Western spot
$1.9T&: (steamer) No. red, S1.79k
Receipts, 54,44O bushels. No ex
ports.
Corn firm. Spot mixed. s1.15E
No. 3 yellow. S1.15. Cob Corn S5.26
per barrel. Receipts. los, ,69s bushels
Exports, 161. $50 bushels.
Oats firm. Standard white, "a
cents: No. 3 white. 69Ia cents. Re
ceipts. 125.259 bushels. No exports.
Rye firm. No. > Western export
S15T. Receipts. 44.O63. Exports. G5.
I'll bushels.
Hay quiet, No. I timothy. $500
asked $3.50. No. clear mixed
$500, asked $3.50. Receipts, a5i
tons.
The Washington times., 1917-02-24
HER HAIR TURNED BLUE
Isabelle Sherman Wants s25. 900
From the Overs.

NEW YORK. Feb. 24.-Isabelle
sherman. who lives in New Jersey.
harbors i'll feeling against her hair
dyers, because. as she tells the story.
they engaged to tint her hair brown.
but instead made ii turn blue in spots.
She demanded S25.00O damages from
them in the supreme court yesterday.
Miss sherman gave retainer. she
saws, to stimulate a glossy hue on her
ringlets by the use of brown senna,
but instead. according to her sworn
statement, they employed on Novem-
ber - poisonous chemicals which
gave her no end of trouble.
The Washington times., 1917-02-24
BEAR PRESSURE EXCITED BY
PROFESSIONALS.
Trading Is Largely Pefunctory
and Devoid of Interest or
Significance-Prices in First
Hour Are UnsettIed-Many
Ordinarily Active Issues Fail
to Appear.

NEW YORK. Feb. 24-Continued un-
certainty with respect to President Will
sons intentions about asking authority
from Congress for the protection OF
American lives and property in view OF
the German submarine menace and the
gravity of Great Britain's plans for the
restriction Of imports, again gave the
professional element on the floor Of the
Stock Exchange and in commission
houses an opportunity to excite bear
pressure in today's market
Trading was largely perfunctory, how
ever. and quite devoid Of interest or
significance.
Prices in the first hour were as unset
tied as they could be in a market which
merely drifted. Many ordinarily active
issues did not appear on the tape at AL
Recessions ranged from a fraction TO
two points. At intervals in the second
hour there was improvement and some
stock actually hold slightly above the
previous closing level, but business was
too sluggish to impart a definite trend.
The railroad list was narrow in the ex-
treme. now slightly up and again frac-
tionally below.
1nere was DuI nIlle dHllIldliOu III biC
late trading, and net price changes
we're not far from the Fridays limit.
Bonds were steady but dull TO a degree.
Movements of funds to the interior
continue They were too early TO be
seasoned, and are due doubtless to in
creasinE gold imports and gradual stiff
fleming Of money rates.
The Trade Journals state that for
eign and domestic buying continues
heavy despite higher prices and traf-
fic congestion. The greatest need is
for prompt delivery for raw materials.
The freight situation, however, is
improving with the rather heroic
measures. which are being taken to
get cars where they are most needed
and to discriminate in the commodi-
ties to be shipped in favor of food
stuffs.
London was quiet. There was a
fair demand for money at rate as
high as per cent on the belated ar
rival Of the American mails, the first
since February 4. The import re-
strictions give general satisfaction
except in those quarters which are
most directly hit, as might be expect
ed Bank clearings this week here
were considerably less than last week
but showed an increase of. 14.3 per
cent over this week last year. New
York clearings increased 4.6 per cent.
Foreign exchange was in general
somewhat frmer but very dull. Both
sterling and francs rallied fraction
ally.
The Washington times., 1917-02-24
LADIES" SCARCE IN PRISON
Plenty, Though, in Church, Says
Prison Warden.

PHILADELPHIA, Feb. 24.-warden
McKenty. Of the Eastern penitentiary.
was addressing an audience of the
Merton Cricket Club: Ladies and
Warden McKenty began, but did not
continue with the word gentlemen"
He went on: Whenever I go to a
meeting the principal object of which
Is to forward some good object | al
ways notice that the vast majority OF
my audience is ladies' II go a.
church see very few men. see
some men here tonight. but mostly
ladies' in the penitentiary this con-
dition is reversed"
The Washington times., 1917-02-24
Common Earning 2s Per Cent.

That the S15,OOo,Ooo estimated
earnings for Westinghouse Electric
for the year to end March 81. 1917.
will be made is indicated by figures
for the nine months ended December
81. just made public. These figures
show net earnings for that period OF
$11,5s2.465, which is at the rate of
somewhat better than 25 per cent on
the .so.000,o00 stock outstanding.
prior to the recent s15.00o.000 offer
ing. These figures do not include the
results of operations of the New Eng
land Westinghouse Company. which
has the rifle contract.
The Washington times., 1917-02-24
WEEKLY BANK sTArEMsNr

NEW YORK, Feb. 24.-The weekl,
actual bank statement today Shove,
the following changes:
Surplus. increased. N.737.720: loans
increased. Sl5.OO5. 900: reserve in owl
vaults, increased. s5.5s1. 900; reserve il
Federal reserve banks. decreased
$4,000, 900: reserve in other deposi
taries, increased, 1891. 900; net deman,
deposits. increased. SlO,503.O0O me-
time deposits. increased. s5.305. 900
circulation, increased, $4,000; aggre,
hats reserve, {7sO,s2s,oOo,
The Washington times., 1917-02-24
NEWS SFOR INVESTORS



After meeting all charges and pay
ing Z per cent on its S33,2s2.00o pre-
ferred stock. Central Leather Com
pany, in 1916, earned s13.15s.272 for
its S39, ,701. 900 common stock. This is
equivalent to 33.14 per cent compar-
ed with 1882 per cent in 1915. The
company payed out in dividends In
1915 only 81 n share on the common
stock. The results for this. the most
successful year in the company's his
tory, were even better than had been
expected, the highest estimate having
been placed at $50 a share on the
common stock. The record was made
possible by the exceptionally large
fourth quarter. which showed net
earnings of S7.Os3.O52. This COM
pares with s3,013.703 for the first
quarter of 1916, s3.623.565 for the sec
ond, and S3.6o7.os7 for the third.
The Washington times., 1917-02-24

A majority of holders of the s3o.-
oOO, 900 American Smelters Securities
Company preferred B stock have de-
posted their holdings under plan for
exchange at par for S3o.ooO.o 900 Series
A first mortgage thirty-year per
cent gold bonds of the American
Smelling and Refining Company. An
extension OF time limit for deposit
until March IL has been made.
The Washington times., 1917-02-24
BUILDING PERMITS,

The following building permits were
issued today: John L Warren to
build apartment at 1924 Sixteenth
street northwest; architect, A. p.
Clark, jr.: builder. ]. E. Fox: esti-
mated cost. $4,000. Jennie Parlett
to repair building at 3040 Dent place
northwest; estimated cost, $3.50.
The Washington times., 1917-02-24
More Copper Merger Talk.

Rumors again are current that ne
gotiations looking toward a merger
OF Utah Copper Company and Kenne-
colt Copper Company have been re-
sumed. 1t Is claimed that Kennecott
will absorb Utah. Heavy buying OF
Utah shares over the past several
weeks are cited as a basis for con-
solidation rumors.
The Washington times., 1917-02-24
COTTON MARKET,

Furnished The Washington Times BY N L
Carpenter 4 Co. New York. Branch ofhes
Woodward building. II. II. brown. manager
New York Prev
The Washington times., 1917-02-24
CHICAGO MARKETS.

Furnished The Washington Times By N. l.
Carpenter 4 Co, New York. Branch ofnes,
Woodward building. II. II. Brown. manager.
Open. High. Low. Close
The Washington times., 1917-02-24

closinE prices furnished by W. 3. Hibbs q
Co.. members New York Stock Exchange.
HIhbs Building. Bid. Asked
The Washington times., 1917-02-24
OIL STOCKS.

Total sales today...........142,7O 700
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
NEW YORK. May IA.

The bear the stock market onn
of
to
Before 72 and
active demand them showed from points
22l
up fonl2 to
from to a
display of
a Of l
being
adjustment
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14

Stock trading on the Philadelphia Elk
change did not show any Improvement with
the start of business this morning. very
few orders had accumulated over Sunday
and the public was not represented In the
dealings TO any extent. This made tne
market almost entirely professional through
out the whole session.
Traders are waiting for action to De
taken on the proposed Federal taxes ana
until this measure is out of the way those
interested in market affairs do not peneVe
that the market will show very much ire,
II seems to be the general opinion that the
measure, as first suggested. VIII not go
through. but that 1t will be drastic. Is the
general opinion. ...
themselves with taking subscriptions for the
Government Liberty Loan, and until tnis
loan is well under way 1t is not thougnt
that much else will be attempted. Whiie
definite figures on the amount which mas
been subscribed here are. of course not
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
Stock TRADING CONTINUES LIGHT HERE
RJJT TONE OF THE MARKET is BETTER
Action on Federal Taxation Awaited by Financial District
Subscriptions to Government Liberty Loan
Coming In-U. G. I. Stronger
available. II is understood that the smour,

available. II is understood that the smou,.
Is quite satisfactory.
In the trading in stocks Lake supsr,o,
Corporation was the most active OF ~
local issues. and gained a fraction as cow
pared with the final price of Saturday. TaI
Ing the market as a whole Il was much ba,,.-
in tone than in the latter part of last wssS
prices in the majority of cases be,ns
little up.
Strength was shown in United Gas Ir,-
provement stock and the company's wa
rants, although they were not as ACTIVE =.
was the case last week. The warrsr,.
got up nearly ~ points, while the ,tncs
rose a half point The strength was dna
to better support for these issues.
II was not until late in the last hour ,h.,
any Of the traction shares appeared on ~.
tape. then shares of Union Traction cayns
out at 42%. representing a gain OF
Philadelphia Rapid Transit trust certificate.
sold late in the day at 20, up N. In In
bond division only n little more than $40. .0oS
worth had changed hands by the last hou,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14

CHICAGO. May 14.-Severe recessons
from the record-breaking high prices Of
last Saturday, when July touched s2.75 and
September S2.46, occurred in the wheat
market here today following adverse ruling
by the directors of the Board of Trade al
special meeting barring all purchases of
wheat whatever for two days except to
liquidate existing contracts.
The action of the directors was made
necessary by the frenzied buying recently.
chiefly by millers and foreign governments
which was responsible for the phenomenal
levels.
President Griffin declared that il it were
not for the hysteria that had seized
America and the foreign Governments
there would be such prices for cereals
In the initial trading there was a general
rush to even up, which resulted in fairly
liberal business for some time after which
trading fell off.
frhe larger commission houses refused all
new business and longs generally evidenced
desire to get rid of their holdings
Some of the leading houses announced
that until further notice they would accent
no trades in wheat, corn or oats options
except to sell or TO close up existing con-
tracts.
No contracts for July can be entered int
at price in excess Of $275, and no con.
tracts for September can be made at a figure
above seas.
fhitci tOutIluB S-tS III tHe early tTaulng,
July dropped to S2.52, closing at $2.59, COM
pared with $2.75 at the end Saturday. Sep
tember. after selling at-S2.44 early, fell TO
S2.23 closing at $2.2s, against Sac Satur.
days last price.
The regular news was virtually ignored
Weather conditions over the northwest and
Canada were favorable for the crop. The
market at Liverpool was dull and easier on
liberal worlds shipments. the United King
dom getting 100000 bushels out of total
of about S,924, 1000 bushels for the week.
The visible supply in the United States
Increased $4,000 bushels for the week to
33.0s0,0 900 bushels.
Corn moved up in a sensational manner
as the result of the decision of the directors
forbidding trading in May. but declined
sharply, although finishing above the bot
tom. Shorts were badly frightened for
time. There was a good deal OF realizing.
The visible supply in the United States
decreased 1,055,000 bushel for the week to
4,470,00 bushels. The market at Liverpool
was firm.
The stopping of trading in May also
brought about big jump in oats. Shorts in
deferred options were badly scared, There
was a good deal of profit-taking by longs
and final prices were considerably off from
the top.
|. The visible supply in the United States
| decreased 1,292,0O bushels for the week
| to 24,631 900 bushels.
Local commission houses took similar az.
tion to that of Chicago brokers'
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
DIVIDENDS DECLARED

Standard Milling Company. quarterly OF =
per cent on the preferred stock, payable out o.
the earnings for the current fiscal year .s on m y
nj to preferred stock of record at the close y
business on May 81. The third instalment o. o.
per cent in cash and ] per cent IN socS sseSN de-.
oiared on October a5, 1915. will be payable os o.
May 81 to common stock holders OF record ~
the close of business on May 81. ,,.r
Standard OIL Company of Nebraska reg resussoo "a
semiannual of SO share, payable Juhe s'
to stock of record May 19.- ..y.
Phiiadelphia Electric Company, regular assts- audts
terly OF 1% per cent payable June 10 as res'
tered May 90. Books do not close. ,.,,v
Cudahy Packing Company, regular quaffHH'ts ts
1x per cent on common. payable June ~ '"
stock Of record June 1.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
LONDON STOCK MARKET
Trading Dull and Irregular-Amercans ;
Are Lower

LONDON. May 14.-There was only
limited accumulation of orders for securities
over the weekend, and the Stock Exchange
markets today were duh and irregular
The gilt-edge section was mixed, WIN
the war loans mostly weaker.
Allied bonds were firmer on continued
good war news and an Improvement In Rus'
sian exchange.
Americans were lower and neglec'eo
Grand Trunks were steadier on cessation
Of last weeks selling, but buyers were cau-
tious pending the clearance of the nation
alization outlook.
French purchases rallied Argentine rais
Home lines were narrow, but were sus-
tanned Mines were quiet. Some oil issues
displayed strength. The rubber group was
inactive.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
Cotton Buyers and Sellers

NEW YORK, May 14-May-Sellar. Or
Wis and II. Hubbard bought; Hartcorn and
Sellar sold
July-Bartlett, Schill, r. Hubbard, Car
doza and Orvis bought: Newman, w. Gu
moens, Hartcorn. Downs, McFany. Geer,
Cassard and Watkins sold.
October-Bartett Clifford. Downs, Black
and McFany bought; Newman, Wilson and
Hess sold.
Observation-Disclosures. McFany. Burnett
Bolts, Brooks Lowenstein and Mitchell
bought Parrott, Lever, Wilson, Hess and
Geer sold.
Hartcorn, Dixon, Rordan and Hyman sold
March--H. Hubbard bought Hentz, Schill
and Lowenstein sold.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
BUYING OF TRIANGLE FILM LEADS
TRADING ON BROAD STREET CURB
NEW YORK, May IA.


The
o the a o
O
n "A
of
in to Of
from to ant
recordo #
a the
to 70,
Of NewY
fom2s to to
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-05-14
FOREIGN EXCHANGE

NEW YORK, May 1.-THE feature of the
foreign market today was the firrnness in
rubles, with the result OF quotations at 27. 80
for cables and 27 for checks. Italian ex-
change was barely steady. as was Swiss
exchange.
Quotations we're:
Demand sterling ATS. cables 4.7s 7-16,
60-day bills nominally 4,71&, 90-day bills
4.69&.
Franc cables SHY, checks 5.72h.
Lire cables 7.04h, checks 7.05M.
Swiss cables 5.12, checks 5.13.
Guilder cables IL, checks 40K.
Ruble cables 27,30. checks ~.
Pesetas cpt1es 22.Qt. checks SIS, "A