davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
Dividends

Phelps. Dodge & Co.-Extra dividend Of $40
a share in addition TO quarterly dividend Of
$3.50 a share. payable December % 70 stock
Of record December IS.
American Agricultural Chemio.l-Regulsr
quarterly dividends Of IA per cent on the
preferred and ~ per cent on the common
stocks both payable January Is to stock Of
record December 20.
Prairie oil & Gas,-QuArterty dividend Of
g a share and an extra dividend Of 81, pay
able January 81 to stock Of record Deem
her 80.
Bell Telephone Company Of Canada.-Reg
ular quarterly dividend Of . per cent payable
January Is 20 stock OF record December 81.
Utah Power & Light.-Regular quarterly
dividend OF ~ per cent on its preferred
stock. payable January ? 70 stock Of record
December 10.
Trumbull Steel.-Extra dividend OF per
cent on the common stock and regular quar-
terly dividends OF Ia per cent on the com
mon and IA per cent on the preferred stocks.
payable January 1 10 stock Of record Deem
Der %.
Royal Baking Powder. Regular quarterly
dividends of - per cent ON the preferred
and per cent on the common stock and an
extra dividend Of per cent On the common
lCQntinued on paQs IL column -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
JAPANESE SHIPPING
SHARES SLUMP BADLY

Toxic, Dee. News dispatches
from New York we're the first informa-
ton reaching here of Germsny's peace
proposal. The news was a complete
surprise and caused a panic on the
Stock Exchange Shipping stocks
tumbled. and were followed by other
securities, until the governors ordered
the exchange closed until December 10.
The Foreign Office, tho Bank Of
Japan and other influential circles have
received no adyices, but gave ont inter
views expressing firm BELIEF that the
Allies would not consl ler any. PROPOSE
ton which would leave Germany IN her
ante-war position or anything approx
mating thereto
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
The Dollar in Foreign Exchange

Further appreciation IN the value Of
the German mark In terms Of Ameri-
can currency was noted In the foreign
exchange market yesterday. Check
marks sold as high as 70ls cents for
four, as against close Of 69s4 the
preceding day. Vienna kronen were
also hrmer. France, too, hardened, but
there was no change IN sterling rates.
Russian rubles moved up & few points
to 1866 cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Bank of England.-The Bank Of Eng
land reported yesterday q decrease for
the week in gold coin and bullion hold
incs Of eS3e,SO6. Proportion Of reserve
to liabilities is now 2l.70 per cent,
against 21.79 last week. The highest
percentage thus far in 1916 was 1888,
In the week ended June 6; the lowest,
2O.05, on January 6. Other changes
reported for the present week are as
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Gold from Cansda.-Another consign-
ment Of gold, amounting 70 s1O,oOo,oOO,
arrived from Canada yesterday and was
deposited at the Assay Office 70 the
account Of J. ?. Morgan Co. This
brings the total this week TO ;27,ooo,-
900; SO 100000 so far this month, asd
S592. 100000 since January !.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
WHY FEDERAL
RESERVE BOARD
GAVE WARMING
Investors Should Study
All Securities in Detail,
Mr.. Harding Explains

Boston, Dec. 14.-An explanation Of
the Federal Reserve Boards recent
warning to American bankers against
locking up their money in foreign
treasury bills was made in a speech
here tonight by W. P. G. Harding,
governor Of the board, who reiterated
the declaration that there was no in
tention TO reflect upon the credit Of
any nation. Soon after the boards
statement appeared short term British
Treasury bills, which had been offered
for sale in this country were with
drawn. Mr.. Harding spoke before the
Boston City Club.
T know" he said, "that there has
been criticism Of the boards action in
making this statement, which has been
oiven s significance neither justified
nor intended in its reference to in
vestors. It was not the purpose OF the
board to make an attack, either open
or covert, upon the credit of any gov
eminent. nor did it seek in its state
ment to reflect upon any particular
obligations.
On my opinion, what the board had
in mind when it made its brief refer
ence 20 investors, was simply this:
American investors have for many
wears been accustomed to buying in
dustrial securities railroad obligations
70 p great extent. In dealing with
these securities certain well established
rules have been developed. The in
weston has acquired the habit of requir-
ing specific information regarding
gross earnings, fixed charges, net earn
ings, sinking funds, etc, and he insists
upon knowing definitely whether he IS
offered first mortgage bond, income
bond. preferred stock or common stock
Details Are Important
at is the practice Of every issuing
house when offering securities to state
all necessary details, either over It's
own signature or that Of the head Of
the borrowing corporation. Nowhere
is the Importance Of authentic snd
complete information more fully I'M
derstood and appreciated than IN
Europe, both in England and on tho
Continent, and prospectuses for foreign
loans contain I'll the important facts
relating thereto. in a statement signed
by an authorized representative Of the
foreign government or by the issuing
house, or. in some cases, By both.
"The board sought merely to call
attention to the fact that as this coun-
try has become an important market
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
Three Stock Exchange Seats Sold.

Two Stock Exchange memberships
yesterday brought $4,000 each, and
another sold for $4,000. The buyers
were Edwin A. Seasongood, Flick
Lowitz, Harold Tobey and Nathaniel
T. Gliddeu. James D. Gallery has been
made a member Of the exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
Other Cities

Investors Said To BE Friendly 70
Railroads.-Eyansville, Ind, Dec. IA
John Muir. chairman of the Railway
Investors League, in an address made
here to-day before the Central States
Conference on Rail and Water Trans
portation, said
Throughout the country there Is a great
army Of investors ready 10 supply money
for the railroad development which the
country 50 badE needs. II these investors
can be convinced that capital invested in
the railroads will be given proper consid-
Grafton in the solving Of all problems. that
most pressing problem. the raising of the
great amount OF money needed for new
construction and development can be
easily solved
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
News Digest
Foreign

London Markets.-London. Dec. II.
Money was in stronger demand on
the market to-day. The Stock Ex-
change though quiet ruled generally
steady with good recovery. American
securities and shipping shares were
the principal features. Much interest
was evinced in the financial statement
TO be made in the House of Commons
to-day by Chancellor of the EXchequer
Bonar Law, as it was expected TO
foreshadow fresh method Of fnanc-
ing the wan Gilt-edged securities
varied little. Foreigners, rubbers and
oils hardened on light demand. Amer
leans finished dull, with United States
Steel shares easy.
Money, AZ per cent; discount rates,
short and three month bills, 512d 5@s
per cent. Gold premium at Lisbon,
1900.
Paris Bourse.-Paris, Dec. 14.-Trad-
ing was quiet on the Bourse to-day.
Three per cent rentes, 81 francs 10
confines for cash; exchange on Lon
don, 27 francs Slh confines; 8 per
cent loan sS francs 10 confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Thursday, December T., 1910
We have been exporting, mainly 70
cur war customers. about 10 per cent
of our total production of merchan-
disc. Suddenly we are confronted
with the possibility Of the war trade
coming to an end, and there is a
panic on the Stock Exchange among
the holders Of the war stocks. hesita-
ton in business, uncertainty among
bankers and thoughts Of disaster.
Foreign trade Will not vanish with
the end of the war, but if it did, then
the worst that could happen 20 US
would be that we should have to
consume our own surplus produc-
ton Of merchandise. Fancy being
in a panic over that!
One is reminded Of the illustration
used By Simon Newcomb, the as
tronomer, IN his excellent book on
political economy. It was written at
a time when low prices were rs much
q world problem as high prices now
are, and when people were continu-
ally tormented with an evil to which
they had attached the name Of over
production. Newcomb imagined a
visitor from another planet asking
what was wrong and why people
were so visibly depressed. The an
swer was that a blight Of over-pro-
duction had fallen on the whole
world. Nothing could be sold at
fair price. Everybody was poor.
The visitor was astonished. To
make sure he asked what people sup
posed over reproduction to mean. He
was told that it meant an unstable
surplus Of goods. "Then," said the
visitor, you are poor because you
have more goods than you need?
How can that be-" II cannot be.
There is no such thing as over-pro-
duction, so long as peoples wants
are unsatisfed. It is a matter Of
consumption. There are never more
goods than people want. There are
never more goods than people will
buy. There is often a condition in
which there are more goods TO be
sold than can be sold at the vendors
price. That is a matter Of adjust
urent. If the war should end over
night and the foreign demand for
our merchandise should disappear
we should not be poor on that ac-
count. We should be left with a
surplus capacity on our hands, but
we should have only to readjust
that capacity and change the charac-
ter Of our production-that is, turn
our factories from the uses Of war to
the uses Of peace. The trouble is
that we have not considered the ne
cessity Of converting our industrial
equipment back to a peace basis. We
have known that the war would
sometime end, but we have behaved
as if it would last forever.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

French Bank Statement.-Paris, Dec.
1.-THE weekly statement Of the Bank
Of France shows the following changes:
H.. 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Boston Coppers.-Boston. Dec. IA
Reaction followed the rally in copper
shares to-day, and prices broke we'll
below Tuesdays low. Buying was
fairly good in the scale down in spe-
cialties, but last sales were in a rout
and were the lowest Of the day. Cop
per Range, 81; Allouez, 651; Osceols,
Of. Old Dominion, 81.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

for foreign securities the same bust
nesg-like habits which are well estab-
lished regarding domestic loans should
be developed in marketing foreign TO
tations."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
rs daypaper.

Bank Exchanges.-The days clear
ings at New York and other cities;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

McAdoo in Wall Street.-William G.
McAdoo visited the Sub-Treasury yes
terday. lie said that he discussed
matters Of only routine Importance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

The detailed statement compares as
follows With the same week last year
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Commercial Paper-Only nominal
market exists ia commercial paper, as
institutions show little disposition to
do anything pending tho reply OF tho
Allies 70 the German pescs proposals.
Primo regular maturities continue to
rule at per cent.
Official rate, Of discount at each Of
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Sub-Treasury. - New York banks
gained from the Sub-Treasury ST.
$4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

parity. ar calculated by the United
States Mint.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

siIver.-Bars IN London, 36ss pence;
New York, 757s cents; Mexican dollars,
5Sh cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
New Members of Consolidated tx

change.-Thomas ]. Walsh, Ernest
Smith, Herman Sonnenschein, Murray
NJ. Scheyer, Louis Cohn. Robert A.
Potter. Norris p. Bryan and Mark
Emanuel have been elected members
Of the Consolidated Stock Exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

The New York stock Exchange money
on call ruled at 8 per cent, compared
with AZ the day before, and some loans
we're placed as low az az per cent
This compared with a high on Monday
Of 10 per cent
The market for time funds on brok-
ers' stock Exchange collateral remained
quiet and unchanged. on mixed col
lateral loans the prevailing rates range
from "a 90 Az per cent, depending
on the maturitics. On industrial col
lateral loans the rate is higher az 8 to
G nor cent.
Ruling rates on money yesterday
compared with year ago, were as
follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

TLnrsdan. Decem6er 4. 1910
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
Finance Economics

WALL. STREET OFFICE: Ieepn0nsi
Mills Building, Broad St. hanover 0'l'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

Cudahy Packing Bonds Sold Here
The Cudshy Packing Company has sold
TO Lee, Higginson & Co. an issue o.
100000 thirty-year first mortgage b
per cent sinking fund bonds.
The Alaska daily empire., 1916-10-28
COLLINS AND
 WITCH NIGHT
 DRAWING NEAR
Black Cats Win ProwI About and Lanterns Will Flash Out
 MySteriouSly.

On next Tuesday, as the shades of night fall. Juneau kiddies will wait patiently for the eerie phenomena that accompanies Halloween.
 Many store windows startle the shoppers with the weird, fantastic shapes of jack-o-lanterns, goblins, devils and grewsome witches riding astride brooms. The small boy lodges mysteriously around the house with strange, bulging pock- cts. The pumpkin has already been secured from the store, it has been scraped out and eyes, nose and mouth made
 The most unexpected incidents have great portent on Halloween. All the signs like looking over the left shoulder at the moon. picking up pins that point your way. or spilllng salt on the tablecloth have m extra meaning that evening. Black cats are to be summed. as we'll as grayeyards and hunted houses.
 For on that day, witches and imps will rattle their chains tin they drop of. The imps will hie away to make mischief. while the witches climb brooms and fly off to weave an evil charm around someone. Sprites will dip their fingers in other peoples pies and iuggle the fortunes of all boys and girls.
The Alaska daily empire., 1916-10-28
Spo0ky lime.

hHNeAN @AAAANt
 Halloween, or Hallow eve, is the night before All Hallow Day, or All Saints Day. In Scotland and Ireland the people used to take flowers out to the graves on that night and keep an allnight vigil. It may be the departed spirits that lid not have flowers on their graves that walked the earth that night and caused the allnight vigils to be sraught with moans and groans, op- ening Of doors, whisking of silks through the air and faint whisper ings.
 Nowadays it is celebrated by the children with ghostly parades, hor- rible pumpkin lanterns and skcle- tons heads. Little boys stalk the streets. frightening the residents. Little girls duck for apples tiu they are wet from head to foot, walk down the cellar stairs backward hold a candle before a mirror to see their future husbands They peel apples and throw the peelings over their shoulder 10 find out what initials they fall into. They look down wells at midnight to see the faces Of their lovers at the bottom smiling at them.
 Halloween is a favorite time Of the year 10 give masquerade parties and all sorts of fayors are on the market to lure the eye.
 Halloween is the night for mas querades, parties and other affairs. many have been planned on the channel The big function will be the yellow and black" dance to be given by the Elks.
The Alaska daily empire., 1916-10-28

speeial-Today and Sunday. Fresh peach ice cream at the Luncheon. cite. OPS.
The Alaska daily empire., 1916-10-28
What the Saloon Does for the Workingrnan

"It isn't the saloon that makes man miserable-its his poverty" the exponent of the saloon is tell ing the worklngman This is often true But you never heard Of a sa- loon that relieved workingman of his poverty. Every time he comes out of a saloon he is a lot poorer than when he went in.
 He is poorer financially There was never a saloon that made a cus- toner richer in cash. He is poorer n selfrespect The longer he re- mains in a saloon, the less respect he carries away with him. lie is poorer mentally lie thinks less clearly. His views of life are dis torted. The more time he puts in in a saloon the less others will be inclined to trust his judgment and he, himself,soon begins to distrust his judgment
 The workingman who goes to the saloon is poorer economically. He becomes less efficient Whatever there may be in the argument that the boss always gets the benefit Of a mans superior ability. 1t is dollars 10 doughnuts that the saloon-patron- izing man never gets any benefits
The Alaska daily empire., 1916-10-28
CITY OF SEATTLE BRINGS
 HEAVY FREIGHT SHIPMENTS

The steamer City Of Seattle ar rived from the south last night about o'clock with large freight shipments of general merchandise for the Channel merchants. The Seattle brought 100 tons for Ju- neau. 70 tons for the Alaska-Juneau. 20 tons for Douglas and 90 tons for Treadweu
 The Juneau arrivals were Miss Mary Stiph, ". C. Lawrence. Mrs. J. H. Rabbit. F. n. Andrews. Mrs. O. F. Kayande II. p. Gordau. Geo.
The Alaska daily empire., 1916-10-28
PROMINENT SKAGWAY CITIZENS C0RROBORATE
 TANNERS STATEMENT

The following affidavit by Phil Abrahams, Skagway pioneer real es- tate agent and Town Treasurer, cor rotating the statement of Senator J. M. Tanner, with reference to the subject matter therein set forth, is self.eXplanatory
The Alaska daily empire., 1916-10-28

out of his own mefficiency There never yet was saloon that made a workingman richer in the ability to do things.
 If it IS poverty that makes man keep away from the saloon-for the saloon never made man richer in the slightcs, degree in any partic- ular IL is a striking thing that the saloonkeeper always gives a pref erence to the bartender who doesn't drink. If drinking whiskey is bad for the man behind the bar why isn't it equally bad for the man in front Of the bar?
 Tho advocates Of the saloon who carefully tell us that drinking beer and whiskey ia good for a man, rec minds us of the chap who would have us pa;ronize the undertaken because he needs the money The workingman is up against g good many difficult problems His home isn't all that it should be. His wages are lower than they ought to be. He doesn't have all the joys that he deserves and needs But when he puts his home and h.s joys into the sare-keepng of Inc saloon in- terests ,hen its good night to thc best things in human life.
The Alaska daily empire., 1916-10-28
CRAFTS eAKEaY HAS IT

No matter what 1t is in the pastry line, we have it. Don't forset-the Holidays are coming - order that fruit cake now-so we can make it fruit cakes improve with age. Or. der now-Today. o26-tf.
The Alaska daily empire., 1916-10-28
Affidavit Territory of Alaska j Division No. 1. )ss Skagwav Precinct ]
Affidavit

NA ANNA A'A eAAaAafaeA
 Division Mo- 1. )ss
 Skagway Precinct
 Before me, the undersigned. a United States Commissioner person ally appeared Phil Abrahams, Treas urer of the City of Skagway and Frank Page. Assessor of the City Of ] Skagway, who being by me duly sworn according to law, did depose and say each for himself and not one for the other;
 That the idle and ugly rumor being circulated in ports of the First Di- vsiion Of Alaska. that the Hon J. M. Tanner, did during his residence in the city of Skagway own, con- trol and rent for immoral purposes, certain buildings to women of the underworld. is unjust unfair and untrue.
 That we know our our own know ledge that the Hon. J M Tanner, during his incumbency as Mayor Of the City of Skagway, started a cam paign for the removal of these wo. men to a part of the city where they would be isolated, and by strenuous efforts was successful in his under taking, and is entitled to much cred 1t for the work that he did in re- moving this blot from the principal streets to where it now is.
 That we deny everything said against the Hon. J. M Tanner not withstanding all arguments to the contrary.
 And further deponenths saith not
 PHIL ABRAHAMS,
 FRANK PAGE
 Subscribed and sworn to before me this the 24th day of October, 1916
 EDWARD A. RASMUSSEN.
 United States Commissioner (SeaD At Skagway
 Aeaduuarters for Ladysmlth Coal. !
The Alaska daily empire., 1916-10-28
UNDEReoEs OPERATION

Mrs. Edward Snyder wife of the Tcnakee merchant who has been in the city for the past several weeks. was yesterday taken to St. Ann Hospital for medical attention and an operation this morn ing performed by Dr. P J. Ma hone.
 -e-o-o--
 "AlT the News All the Time"
The Alaska daily empire., 1916-10-28

"AlT the News Aii the Time"
The Alaska daily empire., 1916-10-28
Prices lowered Again

but the same Ford Car. The record of satisfactory performance 6f more than t,2eo,ooO owners surely makes it the Universal Car" the car you want. lt meets the demands of pro- fessionat and business men and brings pleasure to the whole family Simple, strong, reliabie-eeonoTieai In operation and maintenance. chas- sls S435.95; Runabout, S445.95; Tour. ing, s46o.95; coupIet, s6o5.95
 The Ford Motor Go. guarantee against further reduction in price, but do not guarantee against a raise for one year.
The Alaska daily empire., 1916-10-28

Pearce. w. E. Pagett, Powell Charles. Cherry Belmont. J. L. Gray, J. Fl. Cobb. and Mrs. Leon Freiman for Juneau; Roslyn Reyes and c. A. Paches for Douglas.
 Those leaving for northern points on the Seattle were Harry A. Law reince, Grace \. Jenkins. R. Wa kelin, John l.. Ahlers. Frank R. Cook. R. r.. Murphy and S. Lach- man.