davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Regular quarterly dividend Of ~ per e-ns
on the common stock.
Marlin Arms Corp~-Dtidend Of 81 Q
share on the preferred stock, payable De-
eember I.
Tonopah Belmont observation-disclosures
quarterly dividsnd OF lzi1 per cent, payable
January I.
Packard Motor Car.--Regulsr quarterly
dividend Of ~ per cent on the prsfsrrsd
stock. payable December Is 70 stock o. record
December 80.
Illinois Briok-EItrs dividend OF PEI
cent, payable December 20 70 stock OF record
December 3.
New York Transit.-Regular quarterly
dividend Of 81 and So extra, both payable
January Is 20 stock Of record December Is.
Standard on Of Ksntueky.-Rsgulsr guar
terly dividend Of 81 a share and 81 extra.
both payable January 9.
Labelle Iron.-Regular quarterly t'ytdsnd
Of 2 per cent on the preferred, and ~ peg
cent on account Of back dividends; also per
cent on the common stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
The Dollar in Foreign Exchange

The market for foreign remittances
was generally quiet yesterday. Rus
sian exchange continued weak and
ruble cables declined is points TO 1855
cents. Italian lire were also under
pressure. German marks went to a
new low record. Exchange on Lon
don and Paris was Arm.
Higher money rates was one OF the
chief influences governing movements
In this market.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
TO BUILD POTASH FACTORY
United States Picks California for Big
Experiment with Seawced

The Department Of Agriculture hss
decided TO locate ia California it, fac
tory for experimenting on the Produe-
ton of potash from seaweeS Two To-
cations are under consideration. one
rear Santa Barbara and the other near
Long Beach.
Congress appropriated $4,000 for
the factory. The plans call for plant
capable of handling approximately xVo
tons of wet kelp day. Electric power
probably will be used, while heat VIII
be furnished by crude petroleum The
equipment will include drying hlnas
distilling chambers, vats md handling
machinery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

The above rates express the cost OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for s4.75ss; the intrinsic par
ity Is s4.86ss per pound. Thus, you
say either that pounds are at dis
count or that dollars are at a pre-
MUM. which Is owing to the fact that
in England the demand for dollafs
with which to settle accounts In th7
country is greater than the demand "
this country for pounds with which e
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

When we speak of the imports and
exports Of wheat we think only Of
buying or selling wheat in trade with
foreign countries. We forget that
between the different economic divi-
sions Of this country there is taking
place continually an import and ex-
port trade in wheat which is very
much larger and more important to
us than the foreign trade. Normally,
eleven or twelve states produce n
surplus of wheat and export it TO all
the rest. The largest importing
states are Massachusetts,, New York,
New Jersey and Pennsylvania. Each
Of these states is in the position of
Great Britain, France or Germany.
They produce only portion Of their
own food and buy what they lack.
They import wheat and export
other merchandise in payment for it,
principally manufactures. All of
the Southern states import wheat
from the North and Northwestern
states, but for a different reason.
New York, New Jersey, Pennsyl-
vania and Massachusetts import
food because so many Of their peo-
pie are engaged in commerce, finance
and industry. The South, on the
contrary, is agricultural, but it does
not produce enough wheat TO satisfy
its own wants. 1t produces mainly
cotton because that pays better. 1t
exports cotton and imports wheat.
Missouri, Iowa, Indiana and Illinois
which normally produce all Of their
own wheat and surplus for export,
will this year be importers. owing
to the partial failure of their own
crops Not so long ago crop failure
meant want and famine. People
would die OF hunger in one place,
though there might be plenty Of food
IN another place, not far away as
nowadays we think Of distances.
Transportation has made it possible
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
Wednesday, November 20, 1915

1t is only a pretence that gold, like
an irresistible element, transforms
itself into inflated bank credit. When
bankers say it is true they express
no fact or law, but characterize their
own imperfect relation to Amer can
credit. In its recent expression of
misgivings as to the unlimited flota-
ton of British and French Treasury
bills among commercial banks, the
Federal Reserve Board anticipated
the retort that unless we gave easy
credit we should be overwhelmed by
foreign gold, and said:
The board does not share the view
frequently expressed Of late that fur
Their importations Of large amounts
Of gold must Of necessity prove a
source of danger or disturbance to
this country. That danger, the board
believes, will arise only in case the
inhowing gold should remain uncon-
trolled and be permitted TO become
the basis of undesirable loan expan-
sions and Of imitation. There are
means, however, OF controlling Access
sions of gold by proper and voluntary
cooperation of the banks, or, if need
be. by legislative enactment. An i'm
portant step in this direction would
be the anticipation of the final trans
fer Of reserves contemplated by the
Federal Reserve act TO become ef-
fective on November Is, 1918. This
date could be advanced TO February
or March, 1917. Member banks
would then be placed on the perma-
nent basis of their reserve require
ments and fictitious reserves would
then disappear and the banks have a
clearer conception Of actual reserve
and financial conditions. It will then
appear that while q large increase in
the country's gold holdings has taken
place the expansion of loans and de-
posts has been such that there will
not remain any excess OF reserve
apart from the important reserve
loaning power of the Federal Reserve
banks.
There again is the need for CO.
operation. If the banks, or 100 Of
them, should agree to build up their
gold reserves credit expansion would
be controlled. The amount in which
it would be necessary to increase
gold reserves could be determined by
simple arithmetic. The ratio of re-
serve to loans could be increased as
the foreign gold appears in such a
manner as to prevent any imitation
at all. The enormous credit expan-
sion of the last two years is owing
to two things, namely: (a) lower
ing of the ratio of gold reserves re-
quired by law to be held by bank
against its demand liabilities, and
(b) the inflow of gold from abroad.
But in every case it is the banker
who lends credit against the gold. He
can hold his reserve at any figure he
likes. There is no law against his
keeping 80 per cent gold reserve if
he wishes to do so. But instead of
thinking in that way to check a
credit initiation the dangers of which
he talks about, he continues against
the advice of the Federal Reserve
Board to count lot of duplicated
balances as reserve, and lends all the
more. The law requires the danger
Gus practice of duplicating reserves
to be stopped in November, 1918. 1t
could be stopped at once, provided
the banks were willing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
Marine Insurance Rates Raised
A. T. ct. Syndicate Organired-J.
Other Cities

Boston Coppers,-Boston, Nov. 20
Copper shares improved their posi-
ton to-day. with advances ranging
from fractions TO 2 points. Pre-holi-
day sparsity Of sales obtained. The
close was strong. Copper Range, rs;
Allouez, 1874; Old Dominion, 7s%;
Osceola 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Commercial Paper~Rates yesterday
were u of l per cent above Wednes-
days close at per cent, for the best
regular dates. On exceptionally choice,
paper is moving at az per cent.
Official rates Of discount at each Of
the twelve Federal districts are as fol-
lowe:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
DIVIDEND NOTICES
MARLIN AIMS CORPORATION.

Ma7i.a Arms Corporation has declared =
dividend Of s. per share on It's Preferred
stock payable December ist
In Accordance with the plan under which
tbs compsny was financed. the Board Of
Directors hGs ordered the retirement on
Dsoszakss iss Of 0pe-third OF the Preferred
6hsres by psynsnt tAsfson Of the full par
EHRoL KERR. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Below is given the current exchange
value of foreign money In dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
New York

Metropolitan Life Elects Officers.-'
Directors of the Metropolitan Life In
surance Company have appointed K,
ert Lynn Cox to be third vice-presl-
dent Of the company. Along with this
appointment the following readJust-
ments we're made In the executive
staff: George II. CASTOR, who has been
second vice-president, and George b.
Woodward, who has been third VICE
president, are second vice-presidents;
Frank o. Ayres, Frederick +. Taylor
and Lee X. Frankel, who have BEEN
respectively, fourth, fifth and sixth
ce-presidents, become third vice
presidents; George B. Scott, assistant
secretary and manager Of the Pacific
Coast head office, becomes fourth vice
president. Mr.. Cox will organize a
new division in the Office for the max
ing of farm bond and mortgage loans.
Consolidated Exchange Suit Dis
missed.-The case Of Carrie vs.. de
Aguero, as president Of the Consoll-
dated Stock Exchange, being suit for
damages for alleged wrongful expul-
sion from that exchange, was dismissed
yesterday by Judge Greenbaum in Part
3, Supreme court.
Marine Insurance Rates Raised
Rates for insuring cargoes for ship
ment to Mediterranean ports now range
from to 10 per cent, compared with
and 6 per cent few days ago. The
losses due to the sinking Of the steam
ers Chemung and the City Of Birning-
ham were a severe blow to local under
writer's. The former was insured for
about 100000 and the latter for ST.
100000.
A. T. & r. Syndicate 0rganized-J.
P. Morgan & Co. have formed q syndi-
cate to underwrite the $So,000,000
thirty-year 5 per cent collateral trust
bonds Of the American Telephone and
Telegraph Company. which will be Of
fered publicly at SO and accrued in
terest
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
Finance Economics
ohRET GARRETT, Editor

WALL STREET OFFICE Teephone;
Mills Building, Is Broad s. Hanover ooI'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30
'i5- day paper.

fhlIhoelphih o3,I6S,IoZ byA3O,/ 60
st. Louis. 1s,824,68o 1,99o,683
Sub Treasury. - New York banks
gained from the Sub-Treasury 49,
$4,000.
silver~Bars in London, s5A pence;
New York. 74h cents; Mexican dollars,
5sR.
Gold from Canada.-Gold 10 the
amount Of ss,100,000 was received
from Canada yesterday and deposited
at the Assay Office to the account OF
j. P. Morgan & Co. This makes a
total Of s5lO,2o0,0OO received on the
present movement from all sources
since January /.
Gold TO Peru.-Gold bars valued at
S5s0,00o were withdrawn nom the As
say Office yesterday for shipment to
Peru. The gold is to be used for pur-
poses of coinsge.
Gold TO Cansda.--Another with
drawsl of 100000 In gold coin for
shipment to Canada was announced
yesterday. The gold Is going forward
on a special banking transaction.
Money at Boston.-Boston, Nov. 20.
Some banks have marked up call
rates TO brokers from and AZ per
cent TO 5 per cent. One large bank
will retain Al per cent until at least
Friday, but will quote 5 per cent as
the minimum for new money. One
bank. it is understood, has not yet
changed its rate from 4 per cent.
Philippine Pesos Soda dispatch
from Manila says that the govern
ment has sold 100000 silver pesos
from the silver certificates fund to the
International Bank for shipment TO
Shanghai, where they will be melted
into bullion. The profit to the gov
eminent is estimated at 100000
pesos. The certificate fund still has
100000 pesos. Of which 100000 can
be disposed of at the convenience of
the government
Japanese Overseas Bsnking.-Some Of
the leading banks Of Japan have begun
overseas operations. Among these,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Japanese Overseas Bsnking.-Some Of
the leading banks Of Japan have begun
overseas operations. Among these,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Gold TO Peru.-Gold bars valued at
S5s0,00o were withdrawn nom the As
say Office yesterday for shipment to
Peru. The gold is to be used for pur-
poses of coinage
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Sub Treasury. - New York banks
gained from the Sub-Treasury 49,
$4,000.
silver-Bars in London, s5h pence;
New York. 74ss cents; Mexican dollars,
b67t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-30

Gold TO Canada.--Another with
drawsl of 100000 In gold coin for
shipment to Canada was announced
yesterday. The gold Is going forward
on a special banking transaction.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
Money Boxes.

Money boxes to encourage thrift
among the penny wise are ancient
and popular institutions. A dc
tionary Of 1885 mentions money
boxes Of potter's clay wherein boys
put their money to keepe," and
doubtless the thrifty child Of all
ages had his money box Of some sort
or another. Of late years metal has
come into use, but the writer has
recollections Of an elaborate earth
cnware matched cottage, into which
the money was dropped through 9
slit in the roof, which only infinite
patience could hit again when 4
came to vriggling the money out
AS a lookup investment that cottage
was unequaled. Glasgow Herald.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28

Council met Tuesday, Dec. ~
1916.
The following members were
nresent 6. a. Waltmire, Chair
man; H. Bolts, w. M. Written,
w. d. Speck. Also City Atty.
Hancock,
Motion by Written, seconded
bv Bolts and carried, that min
ntes of last meeting be approved.
Motion by Speck, seconded by
Written and carried. that sho re-
quest of the mayor to have the
citv attorney work with him IN
regards to arranging with the
representatives, Of the A, G. L:
Railroad Company as to fixing OF
grades on King street.
Motion bv Written, seconded
Iby Bolts ard carried, that bonds
of marshal, treasurer, and clerk,
assessor and collector be approx
led.
Motion by Whittcn, seconded
by Bolts and carried, that mayor
and clerk be instructed to sign
petition to Hon. Fl. j. Drane, M
c., asking for deeper water IL
Boca Grande channel, petition
presented by Capt Will johnson
President of council appointed
the following committees for tn
ensuing year:
Finance Committee--H. Bolts
! Chairman, A. Silcox.
Street mite e-W M
: Written, Chairman; A. Silcox.
Fire and Water Committee
, w. d. Speck, Chairman; II. Bots
y Sanitary CommitteeA. 81
cox. Chairman; w. M. Whittier
! Motion by Written, seconde
. by Bolts and carried, that pres
! dent appoint committee Of thre'
= himself to act as chairman, to il
!, spect all records and minutes
IS Council.
Motion by Bolts, seconded b
ia Speck and carried, that mayo
. and city clerk be authorized
n due time to draw warrant in ia
\ or of American Exchange Natiol
t al Bank, Of New York City,
IL cover interest on permanent in
d provement bonds, amounting
m 1888.
On motion Council adjournt
,e to meet Dec. 26th, 1916.--L.
IN Robinson, Clerk.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
How To Check THAT Cold

When It is painful to breathe and fever
sends chills up and down your back, you
are in Tor cold A Timely dose Of Dr.
Rcll's Pine Tar Honey will stop the
sneezes and sninies. rhe pine halsam
loosens the phlegm and clears the bron-
ehIal tubes. the honey s,oin~s ana re-
lieyes the sore throat. The antisepeic
qualities kill the germ and the congested
condition Is relieved. Group. whooping
cough ana chronic bronchial affections
Quickly relieved. At all Druggists, 25c
ADVERTISEMENT
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
&c. DUDLEY SUFFERED
FOR TWENTY YEARS
GINS go POUNDS IN LESS
THAN SIX WEEKS
Id Used Enough Medicine TO
Stock Up Drug
! Store

ruffered for 30 years. and was
tsted by doctors all over the coun-
=, but nothing did me any good un-
ri got hold Of this Andes. said II. c
ldley, of Memphis, Tenn, q we'll
iown conductor on the Illinois Cen
Al. In telling Of his remarkable res
ration to health. Yes, nri Andes has
stored my health. and am so thank
Z hardly know how to express my
a.
suffered terribly with pains In my
pmach and ached all over. ! had no
tpetite, and what little eat did more
lrm than good. I couldn't sleep well
I'd didn't know what It was to get
nl good nights res I had sewers
ladaches and was constipated all the
ne. got so weak I could hardly
I'll myself around, much less 90 out
/, my run. The doctors told me mao
ttarrh of the stomach and bowels
id IL had gone into an incurabie stage
guess took enough medicine to stocs
q a drug store, but II was like tax
liz that much water for 1t didn't hell
te In the least, and instead OF get
ng better / was getting worse all IN.
me. I had Just about given up al
opes of getting well and strong again
About that time began 10 neal
bout Andes and the wonderful results
was giving to those who had used II
thought there might be chance ina
would help me. I bought ootu
I'd began taking 1t. Il helped me TOE
Ne very first dose. The frst thang
hew was hungry. and I began to e
iinrs that l had not touched to
onths, and everything agreed VIZ
le perfectly. My sleep got better, an
new get up of mornings feeling mt
fact. 1 am in f1ne shape every va!
II have gained 80 pounds In less ina
TX weeks and my friends all say "
,onderful what Andes has done TOR M
In wish every sick man ana woma
the country could know Just mo-
ood this Andea medicine is.--
Andes Prescription, so highly recon
ended by II. c. Dudley of Memphis
enn., Is now on sale In Punta CORDS
\ the Seminole Pharmacy, the eSc'u
We agents.
ADVERTISEMENT
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
Naturally Surprised.

An old German furniture dealer
had a woman customer who was a
great talker. Nobody could get
away from her when she started in.
One day he sent clerk to the
lady's house to try to collect a bill.
When the clerk returned empty
handed, the old German said:
"Vell, vat did de lady say?"
"She did not say anything, SIR
She was mute" replied the clerk,
"Vatw exclaimed the surprised
German. '"Vas she dead %-Yon
kers Statesman.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28

The phrase "mad as halter has
o reference to that respectable ar
list who designs the browning ar
icle of civilized male attire, but
elates back to the Anglo-Saxon
Eord "atter" ian adder or viper).
Mad" was formerly used as sym
,nym for violent or venomous and
8 still used in that sense in some
,arts of England as well as in this
country. The phrase, therefore,
,trictly means as ''venomous as q
riper," the old form, "mad as an
liter" having been corrupted tc
kmad as halter"
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28

There il more Cata-rh IN this section 10 q
the country than all other diseases pu y
tosether. and until the last rev ~ ysAA !
was supposed 70 Pc incu nrnnoupced Ii 4
E I1esI nisease and prescribed local rene
i liz ana ~ constantly failing TO cure
with local treatment, pronounced = in Ss /
able. Science has proven SataIsn - ~ -
c cu1rss ccnsfitutionai treatment. Hali,s
4Xsearrh Cure. manufactured by e
cheney 3 Co. Toledo. Ohio. Y tne Z q
tsSsr trternaiIy. ii acts directly on the
Mad ana mucous surfaces Of the nystem.
They ofYer one hundred dollars for any
case II fails to cure. Send Tor ciFcui41
and testimonials. -, ,.,.. n
address: II. ]. CHENEY = Co.' Ioisee' -
sold by Druggists, 76c. ..Ax...-
Take Hairs Family Pills for constipauo<
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
MECCA THE MYSTIC.
The Holy City of the Moslsn Weird
and lee Sacred Stone.

The Holy City of the Moslsm Weird
and lie Sacred Stone.
Mecca is the spiritual capital OF
the Moslem world. 1t is the holy
city which hundreds of thousands
of Mohammedan pilgrims visit every
year from all parts of the earth
Up till comparatively recently 1T
was city of mystery so far as nom
Moslems were concerned, none but
true believers being permitted to
enter it under penalty of instant
death.
In 1853, however, Sir Richard
Burton, the famous oriental scholar
and traveller, after spending several
years in learning the colloquiai
Arabic spoken by the majority OF
the pilgrims, penetrated to Mecca
in disguise and lived there for some
time.
He found it filthy place, peo-
pied by about $4,000 fanatics, the
majority of them stepped In vice.
And as it was then, so it is to q
great extent today.
Trade or industry there is none
the inhabitants relying for a lrveli
hood on the pilgrims, whom thel
fleece numerically.
About every tenth house in Nee
ca is a show place of some sort o.
another, and a charge is made To-
visiting each one of them.
True, there are the birthplace o
Mohammed and the house where h
afterward lived, besides the house
of many relatives. There are tn
, supposed graves Of Hagar and lsh
mael and many sacred caves an
groves. There is alse "holy well,
one drink from which is supposed t
! confer everlasting life, but whic
!, would really be more likely, on
! would think, to confer sudde
death, seeing that an analysis OF I'll
) water has shown that it chiefly COZ
. sists of sewage, mixed with varlo'
! kinds Of cholera germs.
Another object of veneration
J, "Abraham's stand"-a fiat ston
|, on which is the imprint of a huma
: foot, supposed to be that OF the p
+r;orob,s But the center Of all q
- traction is the Kaaba, sma
square building containing sacr'
stone, said to have dropped fro
: heaven.
: Burton, who examined this stol
: !. carefully, came to the conclusi'
II that it was black meteorite. 1t
y about span in length and 10 wo
J. quite smooth by the kisses OF MAJ
i i generations of pilgrims. !.
o The Kaaba, in which the fetl
re stone is housed, is itself inclos
IL in an immense open air mosq
9, capable of holding $4,000 worshl
a ers. Rich, silver-gilt doors g
% entrance to the many shrines, VIII
70 the central room is completely g
cred by the most gorgeous tapes'
imaginable, woven all in one PIE
A. and which is annually renewed.
. Pilgrims used to suffer grea
- from the desert robber tribes "
" infested all its routes leading up
"a the holy city from the coast. I
II in the autumn of 1908 a railv
" known as the pilgrims line
completed from Damascus to Nee
and the journey can now be m,
ir in comparative safety, so far, {
y is, as Mohammedans are concern
ed Any unbeliever rash enough to
N. tempt it would still do so at the I
of his life.--Pearson's.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
Constipation Makes You Dun

That draggy, listless. oppressed feeling
generally results from constipation The
intestines are clogged and the blood Pc
comes poisened Relieve this condition
at once with DR.. Kings New Life Pills;
this gentle, non -griping laxative Is quick
ly effective. A dose at bedtime will make
you feel brighter In the morning Get
bottle to-day at your Druggist, 2bc.
ADVERTISEMENT
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28
value to- the mill owners Of

u ma IL. the mill owners Of loA
t;ae 81 lost productiveness, eA
caaded Nv hundreds III percena
Mai Il wonId have cost to screen
N hshifah]e IL was q pure eco
,,ona u I 'I ca,1scd by the short
s;rhtedocs4 III thc mill owner.
Ma est;m ~ 3 ma human machine
s - vassiv "a haven. value than the
! = st,a4ct,,re of steel and
rr,S INC AZ nothine to con
5000 = 80 ~ ,,saf !, ~ If desh and
stfFe titV uss1 - a Z, "a, i.
The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-28

One does not worry greatly as
to the other American made dyes,
SO long as the red and blue con-
tinue to give the right and lasting
contrast to the white.