davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
LOAN ABSORBS ALL
AVAILABLE CAPITAL
American Industrials Ex
cite Speculative Inter
est in London.
BY FRANCIS w. HIRST.
Editor of "The Economist"
ISp,siaI Cable "a Tho Tribune,

Especial Cable 10 Tho Tribune.l
London, Aug. 3.-The City is un-
settled after the August Bank hell
day.
There are three 10 per cent war
loan calls due this month, totalllng
100000. Such a mass OF pay
ments is unprecedented in our his
tory. All past and current savings are
absorbed in the war and no capital
is really available for any form OF
productive enterprise. Neverthe-
less American industrials excite
some speculative interest and the
Stock Exchange wishes the Amerl-
can war order list had been avail
able here.
The Russian evacuation of War
saw and Riga is anticipated.
"The Westminster Gazette" our
most official organ, describes the
rapid wastage Of the German army
and says "the war of exhaustion is
in a favorable position" 1t advo-
Gates patience and endurance and
ascribes Germany'S amazing effort
TO her mobilization of female and
child labor. Personally | doubt
whether this policy of war of ex-
haustion or attrition be acceptable to
either the masses or classes in West
ern Europe, as it must involve the
gradual confscation Of property,
with unimaginable destruction of
life.
The Russian national debt, 1t IS
stated. will be nearly doubled by the
end of the year, and the German in
crease will be much greater. Perhaps
political economy will end the war
after all.
Confidence in our own security
and sea strength is mistaken.
London, Aug. 3.--The feature of the
trading on the Stock Exchange was
the extensive business in the new war
loan, especially cx rights. The deal
ings began at 81 and finished at 20 r.
The market otherwise was steady
Consols closed unchanged at 60.
American securities orened hrm;
Union Pacific and United States steel
were active leaders throughout the
session. The close was firm.
The Bank of England released f2OO,-
600 and carmarked el50.00O for mis-
cellaneous accounts. Money and dis,
count rates were steady. Money loaned
at 81 to per cent Discount rates
for short bills were SIS per cent; for
three months, to 5b per cent.
Gold premium at Lisbon was 47OO.
Paris, Aug. 3.-Prices were Irregular
on the Bourse to-day. Three per cent
rentes closed unchanged al SO francs:
Exchange on London, q francs III
confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
Sugar Plantations Sold.

The extent TO which Cuba has bene-
fitted by the high leve of sugar prices
is indicated by the sale of two impor-
tant sugar plantations for S3.500,000
word of which Yesterday reached the
Federal Sugar Refining COMPANY
through it's Havana avent. II. A. Hime-
IL. The plantations purchased were
the Central Conchita. of Matanzas. and
the Central Asuncion. of Pinar del
Rio. both of which were the property
Of Juan Pedro Bero. Cuban planter.
The buyer. Havana capitalist. agreed
to pay sl.S00,000 in cash and the bal
ance within a year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
GOVERNMENT BONDS.
MONEY AND EXCHANGE.

FEDERAL RESERVE DISCOUNT "A'S--'a
rapcr maturing In ten days or less 3 yer cent
to ninety das, ( per cent
CALL Money opened az q. per cent. ~sn7'
per cent. owest IL per cent. closing. - "
cent: renewal. J.. per cent
TINE MONEY was steady. Rates 2l7a-s -
cent 10. SKY days. 2ta3 per cent iof ninev ei'
and four months. 3EJi. per celt Tor I'VE h'I"
anu 3E@Sis per cent for SIX months
MERCANTILE PAPER was quiet. Ru.a' 'Hs
SASH be. cent fc- bc,, names. bank aecep'i'"
2b@.i4 per cent. r..
CLEARING HOUSE TRANSAcTIoNs-n
chaasc. $i7.57I.e25i balances. $40 isis9'. "a
Sub.T.casury vas creditor 20 tie amount o. wv,
SUB TREASURY. New York banks gained ~
the sub-T..a,uiy $766 600 and lost since fD'N
81 300. 900. ,-,sv
FEDERAL. RESERVE DISCOUNT RATES 80 y,
WHERE Boston. for Ten dajs. le' Al. phis
s,xts DAYS 4. for sixty to ninytg days. - u Il.
dclphi4. 3D. aud ~ pcr cent. ''t,t.A.l. ~ vi
uer cent. Richmond. up 10 r.heD h"s. "a
cent: Atlanta. and AZ yer c.i C.,,l ~. No.
~ per cont 81 Louis and - .et s, y, Ss,s
Hcdpo'i, for sixty d4is. : per cent. 5nli,s ~
-. pr cent: Sau Francisco 70, zen 1 nv di,s
4 Tor sixty 90 ninety days A..
DOMESTIC EXCHANGE Boston. pii ,,.s -
Francisco. ijc premium. Chicago. lle ,,s
BANK CLEARINGS. Boston. eA'laAs g, -, rs
IS 49j,a9l balance Sllt5.5l5: Caie ls3 et,. sr
SJgJ.N slG. ha auccs S-Ii-3 800, ILisl "a,
change, ~. % I. 61j. balances 50. -. ~ 3"
exchanges Sl2.Nse.32s. balances >lt-''I' -,
SILVER MARKET-Bsr silver H Londoa -
~ 7-lbd. unchanged New lork quotation va y
unchanged Mexican si-r dollars. sos 3fY'
FOREIGN ENCHANGE.-Sterlins va .,se,a..i
with a small total u dealings. TIE 70.
exchanges were stronger. LOUu" M atie 80
Tenant 40 lis Paris-Cabc. .oN' -
ISL Berin-Cable. Sl@, check. Nl-s. int,
Cable J.glL. check 52-i2. Sn3 a.! "
day bills-L0ndon. bankers 80 days. t'4''
lavs 1 Ggi,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
INACTIVE STOCKS.

The following tanie gives the closing
hid and asked prices Tor stocks wnlch
are listed but when were pot dealt 10
ON the Stock Exchange Tuesday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
Notifications Accepted.

Holders of the per cent notes y.
the Assets Realization COMPANY ". -,
agreed TO certain notifications IN -.
extension agreement. set forth IN q ;.
port TO the creditors committee ~
January /. by President G. VI. +. w.
ply. who has been in active charge
the liquidation Of the company -,
fairs. The report suggested that "a "a
committee arrange with creditors
take pro rata payments whenever ~
plus cash had accumulated in sums -; ~,
fcient to Justify reasonable dis't's =.
tions and tbs. such payments De
Piled first TO principal. and when pr"
cipal was full paid 70 interest.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05

TUESDAY. AUGUST ), 1915.

Exchange Tuesday
ooo against week and Stock
onyo closed year January to date s6S2POO against
Si26 OOOn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.

The Missouri Public Service Commits
sion has issued an order making a
reduction of about II per cent in the
rate for electric lighting and power
in that state. The Fort Scott and
Nevada Light, Water and Power
Company was ordered to cut its
rates from 12l3 cents to II cents a
kilowatt hour for the first twenty
hours, 9 cents for the next twenty and
cents Cor each additional twenty
hours. Experts of the commission fixed
tie valuation Of the plant at Nevada,
and IL was upon these valuations tn I
the new rates were based.
Ontario Power and Transmission, Ltd.
The report for the six months ended
June 80. 1915. of the Ontario Power
Company of Niagara Falls and the
Ontario Transmission Company, Ltd,
shows an increase in the consolidated
gross earnings of S753,3S4. against
S739.5l4 for the same period in 1914.
In net earnings there is shown a de-
crease from S62S.391 for 1914 to $685.
2s3 for 1915. The decrease in net Is
accounted for by the purchase Of power
not at present used, but necessary to
take care of long time contracts which
il is stated will become operative dur
ing the latter half Of the present year.
Wichita Transportation.
Action mas been brought against the
Transportation Company, re-
Gently established auto-truck service
between San Diego and the Imperial
Valley, by the Western Association OF
Short Line Railroads. This associa-
ton has asked the California Railroad
TO declare all auto lines
running on regular schedules and hav-
ng fixed passenger and freight rates
public utilities and to take jurisdic-
ion in their operation and financing.
This is the first time since the start
If the jitney craze that concerted ac-
ion on the part of steam railroads has
foLau
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
DAILY IMPORTS AND EXPORTS.

Daily imports and exports of general
merchandise at the Port OF New York
were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
BRIEF WALL STREET NEWS

Eleven thousand five hundred dol
lars was paid for the third seat of b.
3. RYAN on the New York Cotton tx
change. The last previous sale was
Sl2.500.
The last Of the s1,200,0O0 outstand-
ing notes Of January l have been paid
bv the Copper Range Consolidated, &C
cording TO a statement made by Presi-
dent Paine.
The protective committee. headed By
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05

nc 900 Kenn Cop 6s....lls ils IFS lis
sUnli.tsd tsell. cents per share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
CURB MARKET
TRANSACTIONS
Oils Show Renewed Strength
and Activity-Changes in In
dustrials Small.

Renewed activity and strength, with
the interest centring in oils again.
marked the dealings on the Broad
Street curb yesterday. Pierce Oil wa
largely dealt in, gaining " point, to
close at 1917 Prairie Oil and Gas lost
9 points. Standard of New YORK
gained 3 points.
Among the industrials Standard
Motors was active and advanced %
points. Car, Light and Power and Elec-
trio Boat new were dealt in to CON
siderable volume. Kennecott Copper os
gained ~ points on fairly heavy
trading.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
NEW YORK CITY BONDS.

-lntercn.nse.Ols. registered or e0u0Oa f0'''
tResistered-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05
ON THE CONSOLIDATED.

Profit realizing sales were respon-
sible for reaction in the later dealings
on the Consolidated Exchange. Union
Pacific, after dippins to 1895, adj
vanced to 1904, and receded to 1895.
Anaconda did not get above 7lSs.
Allis- Chalmers advanced to 80.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-05

Paris, Aug. 3.-Prices were Irregular
on the Bourse to-day. Three per cent
rentes closed unchanged az 60 francs:
Exchange on London, q francs III
confines.
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1915-08-04
FEDERAL RESERVE BANKS
TO AID COTTON PLANTERS
Plans Made For Handling the Crop and
Carrying Security IN Warehouses.

Washington, Aug Especial attention of the Federal Reserve
banks the marketing of the 1915 cotton crop by letter
just issued by the Federal Reserve board The outlines the
preliminary plans make available the reserve
in the Fall movement Of cotton, and other crops.
1T is clearly to the interest that all credits which
have been based this CROP be protected possible
from the danger of Generalization says the letter. speaking of
the cotton crop. Continuing the letter says:
No staple commodity is subject to greater variations and
violent fluctuations thus offering inviting field SPECTATORS
The Board then suggests that banks communicate
with members and others interested and point that the cot
ton producers should begin the of arranging for
proper storage and Insurance. rapidly it is gnned
The banks should particularly point the mem
Der banks the fact that they edscoun the notes
of farmers and merchants secured by warehouse receipts
for cotton accompanied by evidence of insurance.
These should be the customary collateral FORM and
members should be ready state the grade and market value
when they offer the for redcounnQ The to be
advanced would be left primarily to the judgment member
banks.
The Board suggests that the banks call the attention
of member banks the desiraby of reservng storage
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1915-08-04
GREAT BRITAIN REJECTS
AMERICAN CONTENTION AND
SAYS IT is UNDERSTANDABLE
Finds Excuse In New
Methods Of Warfare.

Washington, D. c., Aug. 3-Great Brtan's repv TO the
latest American representations against interference with neutral
commerce. made public tonight rejects entirely the contention
that the orders in council Illegal and ustfes the Brib
course as wholly within international law
Unsusainable either in point law or upon PRINCIPLES of In
ernatona equity the British reply the American protest
against the blockade ports with an invitation to sinh
nit to international arbitration any which the United
States is dissatisfied with action of British prize courts
The British reply contained two notes. one supplemental
With the notes made public over the Ame
can steamer Neches seized by the British while enroute firm Rot
erdam to the United States with goods of German origin
NEW CONDITIONS ARISE.
Changed conditions of warfare the British note contends re-
que new application of the principles of international law The
advent OF the submarine the arshp alleged German atrocities
IN Belgium are cited justification for extreme measures The
nzed fundamental principle of blockade that beigerent
entitled to cut off by effective seaborne of
his enemy"
The note reiteraes that Great Britain will continue to appv
the orders complained Of although without every effort
avoid embarrassing nu and observes that American statistics
show that loss in trade with Germany and Austria has been
more than overbaanced by the other industrial
ties due to the war.
In the general reply the American representations against the
orders in council Sir Edward Grey the Foreign Minister
ambassador Page begins by expressing the hope he NAV
vince the administration Washington hat measures we have
announced are not only reasonable and themselves but
constitute no more than adoption the old principles of
10 the peculiar circumstances with which confronted"
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1915-08-04
FITzGERALD COUNTY, GEORGIA. AUG. T. 1915
Ben Hill National Bank

1t will be interesting stockholders and friends know
that since opening July 19h business has
gratifying The fact that deposits on the increase is
conclusive evidence Of the perfect confidence of the people,
We feel very grateful for the confidence shown and appreciate
the number Of which being opened up with US
daily
The Government thorough familiar with every item in
this bank and under the Compuoer direction that the
bank Observation-Disclosures nsuring clean upo-dae nst
ton and under the Of the class of men who COM
pose Board Of Directors the people may be assured of
safe place in which to deposit their money.
We invite you call around US and open an account
and feel perfectly call when can be Of ser
YOU.
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1915-08-04
Second Voting Period Closes Thursday
Ten Per Cent Decrease in Vote
Schedule After That Date

Thursday evening at nine o'clock marks the close of
the second voting PERIOD after that date all candidates
receive ten per cent less votes for their subscriptions
BETTER MAKE THIS WEEK COUNT FOR YOU.
The Free Vote coupon that appears in the paper will
also be published for the last time in Fridays ISSUE
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
MINING EXPERT
IS SUGGESTED
FOR alaska

Thomas Riggs, Jr., of the Alaska
Engineering Commission, who passed
through Cordova the other day on his
way from Fairbanks to Seward, to
consult with Chairman Edes, believes
that there would be greater develop
ment in Alaska if the territory en-
ployed an expert mining engineer,
whose duty it would be to make re-
ports on all likely looking properties.
Mr.. Riggs would have the territory
pay the salary of this engineer and
make the owners of the property pay
only the actual expenses of the en-
gineer while he was examining their
property. Then if the report of the
government engineer was favorable,
many capitalists would be inclined to
pay for thorough examination of
the various properties, while as con-
ditions are at the present time, they
dislike to expend some five or six
thousand dollars for the superficial
examination.
To keep the office out of politics.
so that the territory would be assured
of good man at all times, he sug-
gests that it would be well to let the
secretary of the interior select a
competent man from the civil service
list.
During the last few years it has
been the experience of many holders
of mining properties that capitalists
would look over their property if they
would pay for part or all the expenses
of the superficial or preliminary ex-
animation. If this could be avoided
many of them, as we'll as Mr.. Riggs,
think that there would be more money
invested, as there are many good prop.
critics going begging because of the
fact that outside people dislike to
take chance on property so far away
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
CAN HANDLE ALL
MAIL OVER
THE TRAIL

The auto stage line between Chitina
and Fairbanks Is making better time,
since the recent cold snap set in, and
the trail is now in good condition for
driving the Jeffrey-Quad trucks and
the FIVE passenger Dodge cars. Horses
have also been stationed at regular
intervals, SO that in case of accident
the passengers will lose no time. The
horese, however, will be used only in
case of emergency.
Volney T. Richmond, superinten-
dent of the Northern Commercial Com
pany, which has the mail contract,
believes that this new mode of trans
portation will enable his concern to
handle an increased service, over the
trail. at all seasons of the year. BY
routing the mail via Cordova during
the summer months its delivery in
Fairbanks would mean a saving of
from ten to twelve days. Mr.. Rich
mond says:
There is no reason in the world
why we couldn't handle all the mail
all the time If the government would
only authorize the shipments and
offer adequate compensation. We
certainly are willing to do all we can
to induce the government to ship all
the mail all the time, and would like
to see the people of the Interior do
everything possible.
mot only are we prepared to han.
die all the mail all the time in the
winter, but in the summer as well.
It would mean that the people Of
the Interior could get their mail in
about half the time now consumed In
getting it to Fairbanks.
"As last year. R. D. Menzie will be
manager. with G. 3. Lake acting a.
superintendent in charge Of the actual
operation Of the horse stages between
dAitina and Tanana. The horse stage
~ of the business will be conducted
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
BATCH OF NEWsY ITEMS
FROM NEW RAILROAD town

ANCHORAGE. Oct. 20-A shipment
of fifteen tons of vegetables from the
Matuska valley. which consisted of
potatoes. cabbage. rutabagas, etc.,
brought here for sale this week, found
a ready market.
A half hundred men are employed
In the handsome structures being
erected by H. T. Fowler and associ.
ates. That section of town. as a re-
suit, is veritable beehive of industry.
improvements are being made this
week on the roads through the term
inal grounds. located on the site of the
old tent city. The teaming between
the new town and the government
works and Government Hill is quite
extensive. and these improvements
will be appreciated by a great many
people.
r. F. Harrington, the transfer man,
has secured a tie contract and with
his family will winter on his Matanus-
ka homestead. Mr.. Harrington will
take horses. cows and hogs. to stock
his farm. and plans on making It his
permanent abode.
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
HO0TCH SELLING
INVALID, SAYS
ATTY. GEN.

In a letter received by United
States Attorney R F. Roth Of Fair
banks from the attorney general, he
is informed that the department con-
ours in his opinion that the legislature
of Alaska had no authority to pass
law regulating the sale of liquor
in the territory. The act referred
to is more Familiarity called the
"hootch peddling law" in which the
legislature attempted to reduce the
crime of selling liquor to natives from
a felony to a misdemeanor, and max
ing 1t a misdemeanor for natives to
receive or purchase intoxicants.
Some months ago, Mr.. Roth had
occasion to prosecute man on the
lower river for the illegal sale of
liquor TO natives. He proceeded un-
der the old law passed by congress.
1t so happened that the offense was
committed prior to the time that the
territorial law was passed, but the
case did not come up until after the
new act went into effect. The defen.
dant demurred on the ground that the
law under which the prosecution was
started did not exist any longer, and
therefore the accused could not be
held. The demurrer was overruled
but the court did not fell called upon
to pass upon the validity of the act at
that time.
Then Mr.. Roth took the matter up
with the department and offered the
opinion that the legislature had gone
farther than was permissible under
the enabling act The letter received
was in answer to that communication
and stated that the department con
CURED in the opinion.
IL 10 pIOUdUlcs uOWSfST, luot tue
matter will not be settled definitely
until the courts have an opportunity
to pass upon the matter, as the at
torney-general's opinion is not binding
upon the judges. The district at
torney is simply instructed to prose
cute all cases according to the old law
One well-known attorney, when
consulted regarding the matter, said
that the enabling act specifically
states that the legislature has moi
the authority to regulate the sale
Of liquor. The act does not state
however, that 1t cannot regulate the
receiving or giving of liquor, and ii
this way the territorial lawmaker.
could pass an act making it mis-
demanor for the natives to receive in
toxicants or to give them away t
another. In this way, any native vi
olating the liquor law could be pun
ished.-Fairbanks Times.
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
CHANGES IN STAFF At
cHITiNA RAILROAD STATION


L. C. Geiser, station agent, and his
son, C. H. Geiser, relay operator, at
the Chitina depot, Of the Copper River
& Northwestern railway. have re-
signed their positions and will return
to the states. Henry ]. Brandt, pay
master for the company, will succeed
the station agent as soon as J. ".
Lydick returns from his trip to the
states. In the meantime G. A. STRAIT
man, who has been employed at the
Cordova dock, will be in charge a,
Chitina H. W. Sheridan, Jr. has been
appointed relay operator.
The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-11-01
place. In addition. two large hay
barns have been erected, and one fair
sized building for general uses in con-
nection with this department.
MAIL CONTRACT AWARDED
SEWARD TO ANcHoRAGk

Colonel H. E. Revell has secured
the contract for carrying the mail
over the trail from Seward to Anchor
age this winter. The contract calls
for eight hundred pounds Of mail a
week which, with the interior mail
also carried by the colonel, will mean
something like fifteen hunderd pounds
OF mail going out of Seward each
week. Mr.. Revell says it will require
about fifty dogs to fill both contracts
Mail for the interior begins going over
the trail from Seward on November To-