Newspaper Page Text
THE SUN, SUNDAY, SEPTEMBER 12, 1915.
LOAN CONFERENCES ! BRITAIN MAY ISSUE ! (ffllbcw of Anjrln-Frenoh Mi lioii 'M t ho Sunuiirr Home of 3, v. MorgMi STERMNG RATKs LOWER pmfrrr ..'" Ilwn th Ancln r,. .. . In tlic I'nlteil Hlntcs to -Hflff , .an for rrllfvlnn the pr-f.r"-') exchange situation and Dnaneian will hein to-mor- . HONlMjl at the Chamlwr of I'dm m'rf Jn -he ni'iiiUm tho members of the . ... Unroll RttdlMi Lof Chief JtlMre of Enfltlrf ! fir Ednnrd Hop kffltM Holdn. fir M. Itahblngton Octave llonilx-rtr. Emm Mallet ,! Bi : R RlaelMtt) are resting. n the aftrmoon the flnam lal envoya vrri die fUMtl of .1 Pi Mnritan at hl Evt I-:, ml relate at Ulen I'ove, U I. Tivy it ! if'' trip "ii Mr. Morgan's rarht the ( orealr. Several hour were ;.. hf 1 r the rutale. and at 1 III , 'inimliM"tier departed on the yacht fnr New York, 'n arriving here they went '1 ri II) ' ' the Hiltmore. at I" I " l.i-t night Maron Reading, when salted h) telephone If the com nen had Ixen suerta anywhere 'o rthi evening, replied, "No, we've been ngtit here working." talked of the pbilll for to-d.v (laron Kta'li: e cifrt, "Well, we'll not work i We're going out Into the giBQtry to ret the atr. Then on Mon it tie "1 ' i down to work afraln." Mernher of i he mllon received no Tt!:ors yesterday at the hotel and late after a moat 'aligning dy After arising at S A. M. Krl ay abroad the Lapland they had paiMel the morning In a conference with M- Marfan aii Mr PbvUimi. attended n lonehaon with fit Cecil Hrrinz-Klce. the Brtllith AmbaaaadOri shaken hands with mora than 100 of the foremost Or ' lei Of "te country In the Mortal) h and attandtd a dinner In the evening, retiring late. No card were received yesterday morDlns until after ;0 evlock and no visitors were received t all during the day. Kepi lua at Phone. If n-T .;:ors were received that did not mean thit the members of the mls- inn attra Idla between Mtti o'clock ind 1 O'l lock, when they left the hotel Telephone maaooSOi overlapped each )!," ' i them, o.ii-h of the six men he :nr K-i'' almoal constantly at the phone. Although no word came from the kjktaentll floor of the hotel, wh:eh his be-. sealfned to the UlTaalOII. It became kaovn thai the missi n wa very much htaaed arlth the rp -option Friday, par desUtl) .it the evidences that the entire toai ' Intererta of the country are !! t" -orifer with them. In addition It Is Known they read a'h Baflafaetton despatches from vari ous cttlea publlatod In the morning awtpapen axpraaalni the wllllngnoM of area I financial institutinna to tUtl I ' In a plan Which will etat h redlta for Knxland and Franca ihtn Btetitnl exchange and franc hanffl ma) be kept at normal rate?. H the repraaa ntatl waa of the cot- arheat, meat product and inanu- l- sections are Interested, they :r task will be much easier. ; : tramine for the confert nee Ii 1 yl been arranged, or at least tan mada public The men will vntAWI)( it was thought, and will mfe? I hose with whom they desire to infer in ill Pkeiihood at the Chamber rtf 1 . which Is' a central hulld- if 'onfaranoas win b held daily, Ifht r will be several wreki bt-f , tin plan begins to ahapc Itself. May Met In l.eaal Work. A H.ir :, Heading was not accessible iwterda) nfirmatlon could be had of t ( . ablt re porta from London that he mlrhl lupplamOtM his financial task Willi work "ii the probl ins raised by il bgal relation between the two nuntliea. The ttngltak Law Journal 1 n Ita currant tsue as sayitu;: "There are judicial questions of great WP which are now pending he- tweet two enuniries. and If the Lord 1 .in rind an opportunity lurlhff I 1 .' 10 apply his great organ- lime )udli lal powers to an arrangement of - "t settlement of these - hj the formation of a mixed aurl or other special tribunal he will hav- earned Hie gratitude of Interna Hon;' laa well as of his country." I m(a rales broke sharpl' TWti p lay, iik rt i4 cents on the pound be . prtrea QUOtad at the end of n'i- ' l 'i iday Foreign exchange I tha break was flue to a x "f commarelal hill, it U explii ned that many poopla had -t. ni " it f the market, hoping Of ' hetter prtoaa, and that yesterday , I evident that many of these had 'ti f irced "ffer their hill. As a re t, Which has hot n rising "f the placing of a Brit ,;i was unable to withstand "a 'fferlnga, Damand sterling it I I '"'',. with cables at 4.a With 4 9 t and 4.70 on rfida) At one time yesterday, how 1" I sterling sold as high a 4 ' U a 1 cables at 4.70). ft . r easier, at 97 for checks nl 5.(H f ,r cablea, against a previou and f..5 respectively. Hat , fractionally, closing at . ' drafts and 2 for cables The r.nB prj,.,, yT&iy waa gJS for ' -I :', for the latter. Ital ian I re : .'; 1 tharply to 6.41 from 1.44, Atiatrl : roi an were unchanged at 16.05 aa were rublis at 34 H. Four Per Cent, Bondu and Knifrsrcnpy Monoy Would Bo IntcrrhaiiffPAhle. MIGHT ITKLP U. s. TRAM. SptHal Cnhl, tv.ivii. , m Tn Ses LostKiN. Hept. 1 1. There Is high au thority for saying that the (Jnvernment contemplate a new financial expedient to meet the circumstances of the war. It provides for something In the nature of an emergency currency, differing In Important respect from the Treaaury note now In rlrrulntlon and offering certain advantage not only to the Gov ernment hut to Mi it 1 b trade tntereats. It Is probable that the project wa put forward In connection with the dis turbance of the foreign exchanges, which haa so affected sterling bill and haa resulted In the Joint British and French finance commission now In New York. There In an Impression here thai the originators of the scheme took a leaf from the book of expedients with which American finance Is familiar, but In any event It I understood that the plan has passed the point of mature con sideration and Is likely to be put In operation noon. In Its general outline the plan pro vides for an original Issue of bonds, or perhaps exchequer note, running for a short period of year The amount 1 not stilted, hut may easily he finn.oon, non (I5nn.nnn.nnft). The prinrlpnl fea ture of these securities, which are to bear 4 per cent, interest. Is that they will bf convertible Into currency nt the hearer's option, the currency put out being in turn exchangeable again for the bonds The effect of the plan would presumably be that the bonds outstand ing or the currency outstanding against EVENTS IN THE WAR ONE YEAR AGO TO-DAY fKPTKMBER 12 The Oarman retreat ihetwaen the Marne and the otae progreaaea, with the French delivering vlgoroua at tack and making Important cap ture of men and munitlona. French advance In Lorraine. In Belgium Ohent I reoccupled and prepared for defence. The Uuaelajw. contmulnar thear ad vance, take Tomaiaow and then f'pole and Turohln. Tho Austrian are In rout on tho Russian border. The capture of 80,01)0 prleonera la reported. The ferblana and Montemegrlna approach Harajevo. capital of Bosnia. Several Ambacaadora to Turkey protest against the abrogation of the right of foreigner In the Ottoman Km pi re. V them would vary In volume according to the requirements of the money market. To the extent that the bond were ex changed for currency the Government would be relieved of responsibility for Interest. Moreover, the provision of a satisfactory currency, without a gold re serve undertaking, would facilitate the efforts now making to render an In creased supply of gold available for In ternational credit uae.t In the foreign exchanges and thus help commerce. RITTMAN'S NEW OIL PROCESS A SUCCESS V. S. Offers Formula for Mak ing Benzol and Toluol to Everybody. EXPLOSIVE AND BYE BASIS SWISS TO HAVE PORT. France fteta Aalde elte to Relieve Inland Hepnhllr. Washinoton, Bept. 11 Franc has et aslJe the port, of Cette for the uae solely of ocean traffic for tranship ment to Hwltxerald Thla action was taken to relieve the Inland republic from the Isolation Imposed by war con dition The Department of I'ommerce was notified to-day by Vice-Consul De witt C. Poole at Pari of the action taken by France. BWltBertand haa made repented repre sentations to the AMI of the shoitage of nnniy necessaries of life, especially foodatuffa Washinoton, Sept. 11 Secretary hane cancelled a contract to-day made by the PepartWient of the Interior with the Aetna Explosives Company of New York, under which the company hd ! agree! to expend 2nii.0ftft In the de ! velopment of the proce discovered by Ir. Waller F. Rlttmnn for the manu facture of henxol and toluol from petroleum. Ir. Rlttman Is the new chemlcnl en gineer of the I'nlted Htatea Bureau of Mine whose discoveries have recently been widely advertised hy the Depart ment of the Interior as likely to revolu tlonlxe Induatrle using petroleum and Its pro'iuct. The action waa taken by Secretary laine on receiving Information from A. J. Moxham. president of the Aetna Explosive Company, that the. results obtained from the production under the R'ttman process had been so satisfac tory tha; his company would start their plant on a commercially operative hasls "The cancellation of the contract," Secretary I.ane said. "Is In accordance with the original understanding with the Aetna oompany to the effect that the (loverntnent would withdraw from the out 1. 1, aa soon a henaol and toluol were produced by moan of the Rlttman process In commercial quantities An Important Kwtnre. "I am greatly gratified at the aucceea which ha been mad In the mechanical development of the process and I feel aasured that It haa an Important and succeful Industrial future, not alone aa a ource of two of the moat valuable conRtltuenta of high explosive, but also as an efficient mean of supplying dye stuff bases. "The mechanical Improvements which can reasonably be expected to follow from continuous operation and more general use are certain to give even better results than those ao far obtained. "It should be a matter of national satisfaction to know that should the need ever arise the country can depend upon Ihl proceas, which I the result of the labors of a Uovernment vclenljst. to fur nish It with quantities of the raw ma terials for the manufacture of the moat efficient explosives, lack of which has been one of the greatest handicap of the warring European I'cwer. "Of no lees importume, however. Is the peaceful Indufltrlal uae to which the-e same product run he put, now that It has been proved that they can le produced on a commercial scale, and I am hopeful that the established pos sibilities of the process will give a de cided stimulus to Important chemical Industries. Praise nasi Plan, "The success which has attended the development of this Oovernmer.t con trolled process In cooperation with pri vate capital has demonstrated the wis dom of the arrangement, a otherwise the process would proha-bly be in the laboratory stage and It cc mmt-rclal pca slbllltle would have continued to lie a matter of conjecture. It I to he hoped that almllar lieneflclal cooperation be tween the Oorernment and bualneaa in terests can be had In future for tha good of an entire tnduatry. "The Department of h Interior IsJ ready to Issue permits or licenses to arty perion or firm that can fumlah aaur ances of good faith and that la desirous of employing the process. "The Aetna Explosive Company has ' alao agreed to develop tho Rlttman gaao- lere prt.ee. and I expect to D able to make announcement na to the aucceaa of thin other proceae In large scale opera tlona within a short time." LOOKS OVER NEW DYE PROCESS WILL SEE MARVELS AT CHEMISTS' FAIR (Jreat Things Accomplished by Science Will Be Shown in Exhibits. tr. Pratt, IT. . Kspert, Will Not Admit Discovery la gacresa. Wabhinoon, Sept 11. Dr. C C Pratt, chief of the Bureau of Foreign and Domestic Commerce, Department of ( ommerce, who rwturncd from New Vork to-day, where he ha been conforrlng with Dr. Thomoa H, Norton, the Gov ernment expert on dye, would give no eonflrmwtlon of the story that- Inventor have discovered new processes for ue I ceesftilly making ooal tar ilyoei and for exlmcttna; potanli from feldspar. I He admitted that he bad talked over 1 the matter with Dr Norton, but said that neither he nor the expert on dyes I was read v yet to confirm the sjecea of i he n.llfige.1 discovery Dr. Norton Is now Invnettgattng the invention aid will re port to the Department of Commerce later. Dr. Iratt said to-day that manufsc- t turer who use dyes were s.-epttcsl about I the new discovery. DR, NORTON" TO SPEAK 1-1 "mill tn Death I'nder Train. Thomas Hart. II, a Inhorir of White stone, L.. I., was ground to uath under a train at Far Rockaway yeeterifay when lis tried to board the train after at had started. Several women who saw the acc dent became hysterical. Part of the plan for the national ex position of chemical Industries, to bo held next week at the frand Central l"alnce, was made public yesterday. Dr, Thomas H. Norton, the Government chemist, whose efforts to rnmedy the dyestuff and potash shortnge have at tracted wide attention, has promised to seak at the exhildtlon He expect to lie able to give definite Information almut the Heps to build up American dyestuff and potash Industries that will free this country from dependence on (iermany. The exhibition I the first of the kind ever held in New York and will Interest the public generally. It Is thought With the aid of the Federal i iovernmetit's ex perl visitors will see how fruit Juices are extracted by freexlng. how Thomas A Edison tnakis carUiSc acid and how phonograph discs are made. They will alao see attiflclal leather, artificial am ber and electrical lnulatlng apparatus that ttlll not burn There will he ex hibits Illustrating thl country' ntural rMOUrcM and displays of rubber, oils. glim and varnlshoe. Mining apparatus and the Instruments of the chemld'' laboratory will be snown In use. Most of the big chemical and engls neerlng societies as well aa the bin Arms doing a chemical business will help to make I lie shOW complete. An Important dlsvusslon of the tariff ques tion will lie Oil the programme. TV. Norton. tlll busy examining pew dyestuff and pot,i-li processes ami con ferring with textile men nt the Cus tom House yesterday, gave out part of a leltty received from Dr Wllhelm Haendel. a OJOrtlMUl chemtst of Phikide ptila, discussing the prospects of nn American dyestuff Industry. "If a stable tlveeniiff Industry I to he established here In Ametlca." said Dr. Haendel. "It would le a-lvisahle to discourage smaller firms, as these could never prosier. and to Induce them to Investlrttelr available capital with such firms as are able to tarry on this In dustry on a laraer scale "Tho point In question 1s not the manuietturlng of patent free dyestnffi or those whose patents are soon to ex pire. It Is the developing of new lines For vhls. besides the factory proper, there would Im needed research M bora tori e.' N'KW TxiNnoN. Sept 11 The sle rtagn of d.vestuff and the possibilities of an American dyestuff Industry were dla cussed to-day at the seiil-annui meet ing rif the National Association of Cot ton Manufacturers nt the Hotel Orls wold, thla city. Fliiehlna- Want Thrnnah Car. Tin, names of more than l.nnn resi dent of yueen l".i"iith are signed In a petition sett tn the Pttbltc Sarvica Corrmilsslon ycatafday asking that the New Vork and Queena County UaJlroad Company be competed to give t.hem through cars from Flushing to the end of tlie QuOOnSboro tunnel In Long Island City, NO ;. .V CLEVELAND. Bankers 1 tovllllng to subscribe to Mar Loan. C risLANP, Sept. 11. Cleveland ' lay intimated they do not " In the proposed 1600,000. 0 i to the Allies. Not even '"' of Interest proposed will lid hankers to put up their money, it was said. f H ff, , resilient of the Cleveland "ruai i.'ompany, aald hi bank would " ne of the paper offered by the I .inkers from London 'bo na nk ha many depositors hO Sri not lr, svmnuthe with the unp.er of other Cleveland Alii. iraaaad themselves In ft similar ven. DIPLOMATIC MISSION DENTED. So Ktepi Taken lor Lord Heading in Meet Lanclnc ( w' r H, Sept. 11. Lord Read- ni-' of I ho Anglo-French financial i. is not been Intrusted with million M far us official omit-leru here lire Ill- No aranganVOntl have been tha Plrltlah Embassy for his ' : try of State Lansing, and i ti ll there la no cxpecta : U Heading will even come to for inii V . by a Hritish law journal ,n ' '. thai Lord Raadlni mlnht 10 effect an arrangement by Inglo-Amorloan controversies ' ' i m ight 10 a settlement are ''' : ' ra us mora Hie expression of ' than an assertion of what :t ai,un j )( att, or lo ue expected. i iff 564 66 iM8 Iftfth Alhf HU. 46". 47"5TS 'The Paris SmOPo. America qfJarts fashions oratf and nter Ombracing pradicaty every succesu model introduced ty eaci of Me noted Couturiers uznd cA(odistej of zfarts TAILLEUR L-DRMI-TAILLEUR SUITS DAY-TIME C- EVENING GOZNS COAT 8 WIPS - fANTEAUX MILIjIXERY- AND - PARIS FURS (Pa flolenny(P4eruct Mn0in(feorfeftc2)oeuiel For immediate selection or reproduced to special order Also PARIS MILLINERY 'ana 'cunt 0 ochenT ut'Worceae 'tadecatA so L7i n ana aii tyiyiteajoaatfy' the ctevere.il aBcoa svmJfie Joiitrenaernhte opAttfte created 6y Mie (unotL.xiUiWtA oiJiirtA ffsitroduced finsl uv SJmrica Stern Brothers 42nJ an J 43rJ Streets, 'test of FM Avenue. Smart Autumn Fashions for Women New models are constantly being added to our already large and diversified assortment of new Autumn apparel, for every occasion of dress, and the prices are extremely attractive, so that a visit of inspection and comparison of values, before making final selection, will be found very advantageous. Women's Plain and Elaborate Tailored Suits Range from $22.50 to 195.00 Women's Attractive Street and Afternoon Dresses Range from $16.50 to 135.00 Women's Street, Motor, Traveling and Sport Coats Range from $10.75 to 150.00 Women's Afternoon and Evening Coats and Wraps Range from $42.50 to 350.00 Most Effective Theatre and Evening Gowns, range from $27.50 to 225.00 The greatly enlarged Fur Seetions on the Third Floor, have ready for immediate selection: Women's Fur and Fur-lined Coats; Scarfs and Muffs in the leading styles and most fashion able furs: Animal Floor Coverings, Motor Robes and Carriage Robes, at attractive prices. New Autumn Blouses The blouae fashions for the new season are correctly interpreted in the larsre collec tion of both imported and American styles now being: shown on the Second Floor. Included are the elaborate silk and lace effects for wear with smart tailored suits; hand made lingerie waists; also tailored models in simple effects for sport occasions. Very uncommon values prepared for to-morrow. Crepe de Chine Blouses, at $2.95, 5.00 and 5.75 Semi-tailored or hand embroidered, with new collar and cuff effects. Georgette Crepe Blouses, at $5.75, 6.75 and 8.75 Dresay models, alao hand embroidered and lace trimmed. Untrimmed and Tailored Hats For street, automobile or sport wear, are assembled on the Main Floor in n splendid assortment of interesting types for both women and misses. Black Silk Velvet Hats at $2.65 In a variety of the latest shapes. Black Hattcrs, Plush Hats at $2.)5 Attractively faced with velvet. Misses' Trimmed Walking Hats, at $4.95 In very chic shapes and effective trimmings. Women's Smart Tailored Hats, at $8.50 & 9.75 Entirely new and desirable Autumn models. Dress Fabrics A particularly noteworthy early season offering, on the Main Floor, of Imported Chiffon Broadcloths r4 inches wide, high lustre, in a wide range of the new season's fashionable colorings and black, at $1.35 a yard Regular price $2.00 All Wool Dress and Suiting Fabrics Including 154 inch diagonal velours, gabardines and self striped materials, in black and the favorite new shades, at $1.18 a yard Regular prices $1.7fi and 2.00 Announcing the Opening of the N ew Hair Goods Salon On the Third Floor Which should prove an added convenience to our patrons. The stock will include every conceivable accessory for the coiffure and the experts in attendance are prepared to render personal assistance in matching hair and advise those seek ing new ideas regarding the most becoming methods of ar ranging the hair. The qualities are of the highest excellence, while the prices throughout are very moderate, as indicated below. Switches of wavy hair from 18 in. to 36 in. at $3.95 to 40.00 Transformation to be worn over or under the hair at $4.00 to 35.00 Pompadours, weft and ven tilated at $5.00 to 15.(1" Also large assortments of :1 Pin Curls, Casques, Front Pic Gray Switches of wavy hair, 18 in. to 28 in. at $3.50 to 50.00 Transformations, weft and ventilated, at $7.95 to 40.00 Separate Puffs, all shades and gray; two sizes at 75c to 2.95 . Waves, Frizzes, Neck Curls, Hair Rolls and Hair Nets, Silks and Velvets The new weaves are here in charming assortments of rich Autumn shades. Included ate Chiffon Velvets, French !lrcs Velvets, Trimming Velvets, Knglish Velveteens nnd Corduroys, Novelty Tinsel and Priiette effects on Satin, Taffetas and Chiffon grounds, Velours Quadrille and Printed Chiffons. Excellent values for Monday Crepe de Chine at 98c a yard 10 in. wide, In a full assortment of light and dark shades; also white, ivory, flesh, and black. Regular price $l.fi0 Imported Black Mousscline Duchesse at $1.28 a yard 30 in. wide, high lustre, soft finish. Regular price $2.(10 Reproductions of Sheffield Plate Bread and Butter Plates, and i in. 70c, 95c Kegularly $1.15 and 1.50 Bread Trays, Single Vegetable and Chop Dishes, Regularly $5.75, . . at $3.10 Gravy Boat & Tray, Meat Platters, Chop and Serving Dishes, . . at $4.75 Regular price $7.50 Vegetable Dishes, Meat Platters, 15 and 17 ins. ; Large Chop Dishes, at $6.85 Regular price $10.00 A Most Exceptional Sale of Silver Plated Ware On the Main Floor Monday, at one-third to one-half off former prices. Rogers' Ware, Lexington design Tea and Coffee Spoons, half dozen 59c Dessert Spoons or Forks, Table Spoons or Forks, Butter Spreaders, - - -Soup or Bouillon Spoons, With round bowls. Dinner or Dessert Knives, With flat handles. Oyster Forks, .... " Engraving free of charge: Monogram of three letters on Sheffield Ware. $1.10 $1.25 $1.38 $1.25 $1.60 $1.10 Quadruple Plated Table Ware Serving Trays, bead and pierced border, 10, 12 and 14 ins., at $1.45, 2.25, 2.65 Regularly $2.25, 3.50 and 4.00 Water Pitchers, Regularly $4.75, at $3.00 Pudding Dishes, Regularly $5.95, at $4.35 Coffee SetS, 8 pes, Regularly $0.75, at $5.50 Hot Water or Tea Kettles, with alcohol lamp; Regularly $12.00, at $6.50 One script letter on Rogers' and Quadruple Tlate