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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 01, 1914
Page
5
A Paris Bourse report notes firmer trading as Chilean debt movements, London gold transfers, and German hesitations influence exchange expectations. Authorities require a French loan announcement before June 30 amid Mexican distress and shifting international finance.
Three boys Frederick Bieser from Island George Mitchell of 333 Am y and Harry Davis of 47 were taken by detectives after a burglary at a room above HT Went 534st police station. A girl aided by a 13 year old boy identified the loot as stolen goods. They face charges of burglary and receiving stolen goods with several other incidents in the district alleged.
A reprinted weekly summary shows total bond sales for the week at 10,128,000 dollars, up slightly from the prior week and above the previous year. It lists highest and lowest prices, with figures for the New York Stock Exchange and includes comparisons to 1913 and 1914 figures, noting January totals of 316,607,000 dollars versus 240,049,000 dollars in 1913.
Wheat and corn faced a mixed week as May options settled by Friday noon due to a holiday. Bearish winter wheat prospects sparked fear of record harvests while late trading showed May options weakening for new crops. Cotton saw record turnover with steady gains until Friday profit taking. Coffee improved on firmer conditions and tighter Santo stocks. Brazil’s improving finances buoyed sentiment, but general price moves remained cautious amid ample supplies in country markets.
Very Rev Dean York questions the reasons behind the attack on Kings Park State Asylum and other institutions. He says the commissioner faces a political end and defends the department’s expenses. The piece notes 22000 insane cared for by 14000 employees and mentions a transition at St Patrick's Church with a farewell sermon for the rector.
Samuel Van Wagner of Summit Avenue Bronx faces charges after a bad check passed at a store. August Becker of Columbus Avenue testified. detectives say Van Wagner posed as a real detective. Claimants allege Van Wagner’s father held a high post with United States Steel.
Wabash Railway faces a major reorganization after two and a half years of control by creditors. The plan cuts fixed charges, converts debt to new securities, exchanges stock for new common and bonds, and raises cash to fund expansion. Recovering earnings are projected to rise, with improved operating efficiency and a strong working fund.
NYU begins commencement week with a reunion of two class of ’64 alumni who believed each other dead for half a century. John J Rice, now Dean of Westminster College Missouri, and John Chalmers, living retired in Ann Arbor, plan to meet as old comrades. Professor Emeritus Stevenson chairs the very old boys committee as Mayor Mitchel prepares to speak June 19.
A lawn play by the Frank Lea Short players titled A Clan: prenomiance of silvin Hood and His Merry Men will be staged at the Ardsley Clubs in Tarrytown on Saturday evening. The production occurs on the lawn in front of the club house following a night of dinner parties and a dance with notable attendees listed, including Mr and Mrs OM Smith and Mrs Charles J Gould.
Dudley Meld Malone, Collector of the Port, reports seven months of the new tariff show customs receipts exceeding expectations. Despite estimates of losses, duties total about 8.469 million, with a $6.06 saving in collection costs versus last year and a staff reduction of 119 workers.
Vancouver May 1 The Dominion government shows no plan to ease Oriental entry rules in British Columbia A new order in council tightens restrictions extending the ban on artisans and laborers for six months to Newport and Alberni Two Hindu advocate Sunder Singh appeals Premier Borden for bail and shore access while awaiting court decision The government offers a noncommittal reply.
The annual convention of the New York State Latter Carriers Association concluded in Troy with a pledge to remove politics from the postal service and seek standard working hours and pensions for superannuated workers. Oneonta will host next year’s gathering. officers named include President James Connors Albany and Secretary W J Doyle Syracuse.
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