Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1915-04-02

al unauthorized clerks have been
withdrawn. They have a year IN
which to engage in other. business.
and, at the end of that time a re
sumo their membership without hav'
ing 10 pay the heavy entrance fees
Of course, there are a number en-
! gagged on active service, but thes2
have the privilege OF remaining out
until aftes-the war. 81 u
1t is, feared that there will be fur
therstedIttlons in membership and
/, flee sstHffs, owing to the fact that
|fspecutationiii is dead and that the au.
thori1les SHOW no signs OF allowing q
resuih6n6ho To- be made in this class
Of b%usiness.i On the other hand, in
vestment business is increasing. In
vestment houses have not been SO
busy for some time, many having to
keep their Offices open late. The fact
that transactions have to be practi,
cally completed each day makes the
routine work heavier than was the
case when settlements occurred fort
nightly erfmonthly. !,
81 Shorts tenn bonds, Colonial securi-
ties,oAmarican bonds, oil shares and
home, rally and the recent war loan
are keeping the purely investment
stock brokers' busy Just at present. /
Rotterdam, April Civil prisoners
of war are not nearly SO well treat
ed as military prisoners in any OF the
b%elligerent countries, according to an
eminent Dutch doctor who has just
returned here from a trip through the
British Isles, France and Germany,
where he visited many camps. The
treatment OF prisoners, he says. var
les according TO the temperament OF
the camp c~cmmaIdant.. Some COM
n,andants are very kind-hearted, while
others go beyond all the limits OF
g%tTictnoss, and in some Of the civil
ian camps the unfortunate prisoners
suffer from the %rapac!ty Of the cor
tractors who have secured the right
to provide the food supplies.
The impression OF the Dutch phys
clan was that the military prisoners
Of war. especially the cnicers, were
handled infinitely better in the Brit
ish Isles than were the British sol
der prisoners in Germany. He found
extreme o%ittnerness in Germany con
cernino, The nlaaing Of German civil
ian prisoners in England III fulks
at Portsmouth an delseWhere, and he
says threats n uttered by the
German authorities to send all the
British civilians in Germany to Cux-
haven as a reprisal.
On thing condemned severely BY
the Dutch visitor was the imprison-
ment of army medical ofIiceds by al
the fighting nations without eXcep-
zion. Everywhere these doctors com
planned that they were not even per
mitted to treat the wounded soldiers
Of their armies who had fallen into
the ahnds of their opponents. Similar
complaints were heard from British
medical officers captured by the Ger
mans at the battle of Mons early in
the war, from German doctorts cap.
tured by the British and from others
in the hands Of the French.
London, April Tho Bank of Eng
land is taking steps to reduce the
floating supplies of money in LON
bard street. and has borrowed there
from something like twenty-five mil
lions sterling in order to bring dis
count rates to a higher level. This
has been so successful that opesi mar
ket rates are now 2 IS. to PIP per
cent for three months. bills. against
| u pc recent last week, while day
to-day loans command over | per
cent.
This effcrt to control the market
is believed to Be, partly due 20 the
low level to which tho proportion
in last weeks bank rctrrns haa fall
en-: but is also directed against the
various foreign exchanges, Thnra is
reason to believe that TT n''NN""ies
had the American exchange rate in
view as much as any other, and by
raising discount rates there is a prob.
ability that some of the American
balances held hero on account Of pur-