davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Nobody can have very definite
opinion as to the condition of the
speculative account created in the
last few months Of rise. A very
large amount of the buying has been
financed in the West, quite indie
pendently of Wall Street. The Sc
curities have been shipped inland.
Where before the inland broker
would have left them in Wall Street
to be borrowed on by the New York
broker, he now takes them into his
own hands and borrows on them at
his local bank-in Cleveland, Cincin-
natl. Detroit, st, Louis, Pittsburgh,
or wherever it is. The West is
heavily committed in stocks. 1t
bought steadily right up to the cleo
ton and continued TO buy afterward.
A broker, commenting upon this fact,
said recently: "The West won the
election, but Wall Street will win
this contest in the stock market" It
may. But its record is uneven.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
BONDS ADVANCE
In WAR PERIOD
Profits Made in Stocks and
Munitions Are Invested
in High Grade Issues

twithstanding that banks and in
dividual investors in the United States
have been called upon to take over ST.
000,000,000 Of foreign securities since
the beginning of the European war,
high grade domestic bonds are COM
handing higher prices than at any
time during that period. Bond deal
ers and investment houses are prac-
tcally unanimous in the opinion that
this is partly because a large portion
of the enormous profits that have been
made in the stock market have been
invested in bonds Of high grade char
acter and partly owing to the fact that
fortunes made by manufacturers Of
munitions and other products which
have been in active demand for war
purposes have been so invested as 20
bring in a fixed return.
The combined index for forty repre-
sentative active bonds, as compiled BY
Dow, Jones e. Co, for November is up
one-half point from the previous
month, nearly two points from last
August, about Ga points from August
a year ago, and over SIS points from
the low level of December, 1914, the
first month of Stock Exchange trading
in bonds after the war started. The
combined index for the last month was
s1.56, as compared with 1888 for De-
cember, 1914.
The greatest advance in November
was in the railroad bonds. Industrial
issues gained little and public utility
bonds not much more. Since last Au-
gust railroad bonds have led in the
upward movement. This is largely ac-
counted for by the fact that industrial
and public utility bonds had a more
rapid advance shortly after the Stock
Exchange, which was closed during the
early stages OF the war, was reopened.
They were not as much affected by
foreign liquidation. Railroad bonds,
in fact. sold off after the reopening Of
the exchange. their low level being es-
tablished in August, 1915, while indus
trial and public utility bonds we're ad-
vancing steadily.
Tax Exempt Bonds Popular
Municipal bonds have grown in popu-
lar favor since the income tax law
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

pledges and lays aside a dollar Of
real gold for each dollars worth Of
gold certificates issued; therefore,
gold certificates are reserve money"
like the gold itself, and we carry It
around in our pockets and spend it,
and many Of US could not at sight
tell the difference between this gold
secured paper which is reserve
money" and those other kinds which
are money merely.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Saturday, December 2, 1916

The weeks rise in money rates on
the Stock Exchange was sufficiently
explained by the fall in the surplus
reserve of the Wall Street banks to
the lowest figure since the Inaugural
tion of the Federal Reserve Bank
system. 1t is a new sensation even
to imagine the limits Of credit. The
stock market was weak in the first
half of the week, while paying off old
loans and replacing them with dearer
money, and then became stronger af-
terward. 1t was annoyed but not
incommoded.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
'EALTH MARKETS AND COMMERCE

ing in New York more difficult, and
We must al once set about meeting
this difficulty. Since America wants
gold, we and our Allies must find aEd
shin Il. and we must also be prepared
70 ship securities Of the kind the Fed
eral Reserve Board recommends 70 IN
vestors. Above all, we must increase
production and reduce consumption, so
that we shall have to import less from
America"
There was little comment in the Lon
don evening newspapers on the with
drawal Of the offer Of Anglo-French
Treasury bills in America. Iae
Standard" said:
"we are glad to hear Of t. The pity
is that the advisers Of the respective
governments should have suggested the
raising Of credit in the United States
By such undesirable means"
If America wants war contracts,
saws "The Pail Mall Gazette" "the
country will be obliged to accept me
loans of the Allies, whatever may be
said By the Federal Reserve Board"
"The Globe" says: "The hyphenate'
In the United States have won tenn
porsry triumph"
The newspapers refer with satisfac-
ton 10 the issue OF exchequer bonds
in Japan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

The above rates express the cost
fore.cn money in terms of the Amer
can dollar. You buy an English pouno
sterIinc for s4.755s; the intrinsic par
itv Is S48ess per pound. Thus, you
sSv either that pounds are at dis
count or that dollars are at pre-
MUM. when is owing to the fact ma
in England the demand for dollar'
With which 10 settle accounts in IN.
country is greater than the demand ;.
fbiq country for pounds with which Z
settle accounts i'm England
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
L. s. Treasury Finances

Washington. Dec. 2.-Condition OF the
United States Treasury to-day: Net
balance In general fund. S151,co1 ,2so'
total receipts, S4,594,o82; total pay
ments. s3.i26,3S7.
The deficit this fiscal year Is sl0o,-
957 ,633, against deficit OF s4i,S33,S9l
.ast year, exclusive Of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

ed. Decrease in loans last week
amounted 20 t45,424.000
Sub Treasury. - New York banks
lost TO the Sub-Treasury s2,7O1, 900.
Silver.-Bars in London. &c pence;
New York. 1874 cents; Mexican dol
lars, 577s.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
DIVIDEND NOTICES
AAtMcAN THERMos BOTTLE COM

DIVIDEND NOTICE
AZ meeting ~ the Board 81 Directors
IN We American Thermos Bottle Company.
NEG in New York City on November 9Th.
dividend of Five Dollars per share was
~ Artd PAYABLE December lsth, 1915. 90
AZ stockholders % record December sth.
WM -. WALKER. President.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
,hiIities ....... s71otef.QOO

Gold reserve against net deposit and
note liabilities, TIA per cent
Cash reserve against net deposits ana
note liabilities, 1871 per cent. Cash re-
serve against net deposit liabilities
after setting aside 80 per cent gold re
serve against aggreg gate net liabilities
on Federal Reserve notes m circula-
ton, 1873 per cent.
In the above statement the principal
items compare with a year ago as fol
lows:
Total gold reserve c.S1f3.993, OOo
Bills discounted. ......lnc. 1919 oOV
Member bank deposits Inc. 2o,564OOO
Net liability for notes Dec. 5s6OOO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

In the government bond market the
trend Of the times is noted in the Pan
ana Canal IS, whose low and high for
the year are, respectively, lOl = and
lO9t.. The advance in high grade mu-
uicipals is indicated In the low and high
prices for New York City AIS, due
1850. which are 10l and 103Ss.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Below is given the current exehahgs
value Of foreign money IN dollars anu
ceu-s. together with the intrinsic golo
parity, as calculated by the Chl'e'
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Washington, Dec. 1.-THE following
statement was given out at the Russian
Embassy to-day:
"The Russian Ambassador has been
instructed to inform officially all those
whom it may concern that the Amer
lean Russian Corporation and Lord
Rotterdam have no authority whatever
from the imperial government to place
Russian 5 per cent bonds on the Amer
lean market"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Finance Economics

GARET GARRETT, Editor
WALL STREET OFFICE; Telephone;
Mills Building 10 Broad 81 Hanover COLA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
New York Federal Reserve

Wall Street, December 2.
The condition Of the Federal Reserve
Rank OF New York AZ the close Of bust
ness Friday, compared with the preyi-
Gus week, follows:
RESOURCES
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Surplus reserves Of the Clearing
House banks are the lowest since the
inauguration Of the Federal Reserve
system two years ago. Yesterdays re-
port disclosed decrease OF Sl7,645,930
carrying this item TO s4i,oO1,31o. This
compares with .l241O7,O4o a month
ago, $l79,Si0O3O year ago and high
record OF $224,122, 800, established IN
September. 1915. The rapid decline m
the surplus in recent weeks is attrib-
uted largely 70 the aow Of funds from
New York to the interior. This is the
season Of the year when the country
normally draws on New York bank re-
serves. The sharp lowering of the sur
plus item explains the pronounced ad-
vance in money rates in the last week.
While SURPRISES have been falling and
money rates rising loans have contract
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
TT liabilities .s2t5,2o3,41s s237,423,2a2

Fed. Res. notes
outstanding. S90,733,O15 SSSob6,Zlo
Secured rs fol-
lows:
Gold dep. with
Fed. Res. agt. seo,733,015 ssSe6s,2i5
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Bank Exchanges.-The days clear
ings at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Daily Imports and Exports

Daily imports and exports OF general
merchandise at the Port OF New York
we're:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03

Clearing House Statement. The act
ual condition OF the New York Clear
ing House banks on Saturday was as
follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Tax Exempt Bonds Popular

Municipal bonds have grown in popu-'
lar favor since the income tax law
The Irish standard., 1916-12-23
JOHN MCDONALD
IS H0N0RED AGAIN
Chosen President of Division No. 8
Ancient Order of Hibernians of
South st. Paul for Thir-
teenth Term.

John Mcdonald of this city was ap-
pointed I'd his thirteenth term as
president of Division No. 3, Ancient
Order of Hibernians, this city at the
annual election held in St. Angus.
tines hall Sunday. The election fol-
lowed the attendance of the entire
lodge at holy communion at the 8
o'clock mass celebrated by Father H.
G. Mccall. Breakfast was served in
the lodge hall.
Mr.. Mcdonald, one of the. charter
members of the local division, with
exception of the first two years, has
been at the head of that order con-
stantly and has been maintained in
that position again. He also is pres
ident of the Dakota county section.
Other officers elected yesterday
are: Vice president, c. NJ. Regan;
financial secretary, James Cosgrove;
recording secretary, ]. T. Sweeney;
chairman of standing committee
Frank O'Donnell; treasurer, M
O'Toole; sergeant-at-arms, Peter
O'Malley; inside sentinel, M. Tracy.
A public installation of the officers
elected yesterday will be held in the
near future. The date for this worl
has not yet been definitely arranged
South st. Paul Reporter.
The Irish standard., 1916-12-23
United States Unfriendl,
Toward England
Over Ireland

Washington, D. c., Dec. 12, 1916.
The right of small nations to exist
brought together in Washington today,
delegates of many Dependent National
tiles. Some twenty-four races were
represented. The spokeman for the
Irish race in this conference was Mr..
Francis Hackett, Editor of the New Re.
public, which has become the leading
weekly in the United States, which
deals with economic questions. Mr..
Hackett stated that the issue of Ger
man domination in prosecuting the war
as affecting small states was no long
er making on impression on the Am
erican people owing to English mis-
rule and failure in Ireland. Mr.. Hack
ett said that English domination of
Ireland had caused obstruction of a
once great nation and however desir-
able might seem the development of
closer friendly relations between Great
Britain and the United States they
would never be advanced until Eng
lands treatment of Ireland had won
the approval of the numerous and pow
erful elements of Irish people includ-
ed among the citizens of the United
States.
The Irish standard., 1916-12-23
ARCHBISHOP ATTENDS
PARTICULAR COUNCIL
Gathering of st. Vincent De Paul Con-
ferences of This City Was Marked
With Spirit Of Enthusiasm and
Generosity-Many Prominent Men,
bers .Present-Eight Conferences
Organized and Four New Ones.

The Particular Council for the City
of Minneapolis met last Sunday eve
ming in the Pro-Cathedral Auditorium,
being the annual meeting, all the con-
fererences of the city were we'll rep
resented and the business of the
council for the year was reviewed.
E. A. Predergast, president of the
Particular Council, presided. Among
the speakers were President John W.
Willis, president of the Particular
Council of st. Paul; Rev. FIR. Nc
Graith, city missionary for the city
of Minneapolis, and His Grace, Arch
bishop Ireland. The Archbishop con-
graduated the various conferences
upon their splendid showing and CO.
operation and stated that he was al
ways glad to be present at such meet
ings and that he would cooperate with
them for the benefit of the poor in
Minneapolis. Father McGraith rem
dered report of his work for the
year and took occasion to lay special
stress upon the good work accom-
plished by the St. Charles Mission.
There were eight conferences which
reported working and four parishes in
the process of organization. In ac-
cordance with the rule of the society,
a substantial Offering was made and
contributed to the Particular Council.
The excellent work of the society is
being recognized all over the United
States land it is the expressed wish
of His Grace, the Archbishop, to have
a conference in every parish in the
state in the next year.
The Irish standard., 1916-12-23

Arrangements are progressing very
satisfactory towards making the joint
installation of the Ladies' Auxiliary
and the Ancient Order of Hibernians
of this city, January 10Th, one of the
biggest affairs ever inaugurated by
any joint organization in the state.
The committee in charge reports ac-
ceptance, by all the speakers, to the
invitation extended them and all
promised to be present. 1t is expected
that at least 1900 llibernians from the
Twin Cities will be present, besides a
large number of the active members
from all over the state are expected.
Nothing is being left undOne by the
committee to make it big success,
and a beginning of publicity CAM
paign that will ultimately result in a
big increase in membership. which,
in both organizations in the past few
years has not increased as fast as
would be desired by the officers and
members. While the affair will be
more in the nature of jollifcation
meeting. nevertheless many matters
will be discussed informally from
which Il great deal of good will re-
suit
The Irish standard., 1916-12-23
GERMANS Confident
OF PAPAL AID
Note to Cardinal Gasparri, Sec
retary of State.

Press dispatches from Berlin state
that a note relative to peace was pre-
sented on Tuesday by DIR. Won Muhl-
berg, German minister to the Vatican,
to Cardinal Gasparri, papal secretary
of state. The note says in part:
According to instructions received,
have the honor to send to Your Emi-
nence copy of the declaration which
the Imperial government today, by
the good offices of the powers intrust-
ed with the protection of German in
tcrests in the countries with which
the German empire is in state of
war, transmits to these states and in
which the Imperial government de-
clares itself ready to enter into peace
negotiations. The Austro-Hungarian,
Turkish and Bulgarian governments
also have sent similar notes.
"Since the first day Of the Pontifical
reign His Holiness the Pope has un.
swervingly demonstrated in the most
generous fashion his solicitude for
the innumerable victims of this war.
He has alleviated the sufferings and
ameliorated the fate of thousands of
men injured by this catastrophe. In.
spired by the exalted ideas of his
ministry, His Holiness has seized
every opportunity in the interest OF
humanity to end so sanguinary war
"The Imperial government is firm
ly confident that the initiative of the
four powers will find friendly vel
come on the part Of His Holiness and
that the work Of peace can count
upon the precious support Of the Holy
See"
The Irish standard., 1916-12-23
PR0-cATHEDRAL CLUB
~ IS NOW ORGANIZED
officers Were Elected. School Hall
to Be Ready for Occupancy by Ath-
letes by First Of Year. A Strong
Board of Directors Elected. Or.
LawIer Coaching Basket Ball Team.

Considerable business was transact
cd last Monday evening by the Mems
Athletic Club Of the PrO-Cathedral,
officers were elected, and everything
accomplished necessary to start the
new year Off with one of the best
athletic clubs in Minneapolis. DR..
Frank Lawler, the famous University
of Minnesota basket ball player, is
busily engaged perfcctins his quintet
braves and expects soon to issue chal-
lengcs to all the Gloss A basket ball
teams in the city. The meeting was
we'll attended and the go-ahcad spirit
dominated and many admirable feat
The membership dues were ar
ranged in four sections as follows:
Juvenile. boys up to 16 years. $l.20;
young men, from 1G to 81 years, So
per year; men. SIS per year. Life
membership. $25 and $50. 1t was
agreed by the board of directors to
use the school and basement for the
first year and these rooms arc now
being placed in shape for the recep-
tion of the athletes.
The following officers were elected: ::
Frank Murray, president; Frank Col
len, vicepresident; VIM. Doyle secrc-
tary; Mike Gill, treasurer. Board of
directors: Three year term. J. j.
Rcgan, Frank Cullen and Mike Gill; !;
two year term, Ed. Loring, VIM. Doyle
and Frank Murray; one year term.
Mike Kelly. Jas. COgwin and DR..
LOnghney.
IT. is now up to the board of di-
rectors to make good as the entire
management of the club has been
placed in their hands for future guild
ancG.
The Irish standard., 1916-12-23
Army Appointment For
Prominent Knight
of Columbus

Joseph Jerome McConville, recorder
Of Washington Council, knights Of
Columbus, Washington, d. c.. has re-
Gently been appointed a second lieu
tenant in the United States army, and
ordered for duty to Fort Leavenworth,
Kansas.
Lieutenant McConville is native of
Scranton. Pa, where he was born on
February %, 1890. He is graduate
OF the Georgetown University law
school and a winner of one of the
knights Of Columbus scholarships at
the Catholic University of America,
and it was while pursuing his studies
there that he took the examination
for the army and received his com.
mission. He has the degree of Doctor
of Philosophy from the University.
Lieutenant McConville will report
to his station OH the second of jan
uary.
The Irish standard., 1916-12-23

der arms seven million men. At the
British front in France, in the great
concentration camps at lie Havre and
Rouen, at the Eastern base at Saloniki,
in Egypt and training camps through
out the colonies, and in British India,
not more than 100000 troops are en-
ployed.
at is apparent that the belligerent
condition existing in Ireland must ac-
count for substantial portion of the
balance, keeping them otherwise occ,l-
pied than in opposing the German
forces.
cat the critical moment in the war
the actual revolt in Ireland determined
finally the attitude of the United
States, and kept this country out of
the War.
Again, this revolt determined the
population of Australia against voting
for cOnscription in the interest of Eng
land
I'VE claim, therefore. that Ireland
has fully established her right to be
regarded as an ally of Germany We
ask that Germany shall recognize this
claim. and shall protect Ireland as she
has protected her other allies and even
4 countries like Lithuania, which have
no claim to that title.
while Ireland, in any case, must
ever be the enemy Of England until
her complete independence Of that
country is established, our attitude
towards Germany will be determined
by Germany's attitude toward Ireland
1--WE call emphatically for an Off
cial statement from the German Gov
ernment of its intention with regard
to Ireland, and we ask that this state
ment be made in the face of the world
as was her statement with regard tt
Poland.
The Irish standard., 1916-12-23
sEHoRIDE La eARzA
TO LECTURE AT
XIX. c. CLUB
Mexieo's Biggest Man Will Deliver a
Lecture Before the Knights and
Their Friends, Next Tuesday, De-
cember 26. Open House Will Be
Held to Which Everybody Is Wei
coined.

The Mexican question will be dis
cussed from all angles by Senor de la
Cara at the Knights of Columbus
Club rooms next Tuesday evening at
$3.50, and in order that everyone may
avail himself of the opportunity of
hearing real facts about the conditions
existing in Mexico the knights will
hold open house for everyone. This is
a rare treat to hear this subject in
telligently discussed and especially by
a man who has participated in the up
building of that country and who is
now travelling throughout the United
States and preaching the truth about
that torn nation.
AS recognition of the broad scope
of his political views, the successive
governments have all entrusted Senor
de la Cara with missions which have
been of an entirely national type. AS
commissioner for the government of
Mexico he was one of the committee
sent to the United States and China to
study the monetary reform, which
decided to and did place Mexico on a
gold basis. AS attorney for the Re
public of Mexico, he made arrange
ments for the proper distribution of
the waters of the Colorado River
AS representative of the federal
government, he travelled throughout
Mexico and with the authorities of
each of twenty-five states, discussed
and agreed upon the only terms by
which they could remain in union. AT
the time when Huerta began to dis
regard the national constitution, Senor
de la Cara was on his way to France
to fill his appointment as financial
agent for the Republic of Mexico but
he refused to fill either this office or
seat in Congress under such dictator
ship as Huerta was establishing.
Senor de la Cara has been Lega
Adviser from the Department Of Fom
ento and Interior of Mexico. Fol
twelve years he was Congressman
189S-1910, serving six terms in all. He
has been the attorney in Mexico fol
such interests as those of the Guggen
helms, Pullman Palace Car Co.
American Smelling and Refining Co.
Thiel Detective Agency, William Astol
Chanler and other prominent Ameri
can and Mexican corporations.
Senior de la Cara is undoubtedl.
one of Mexico's biggest men.
The Irish standard., 1916-12-23
Interpretive Lecture
Given..by Pupils
Of St. Catherine

Last Friday, December IL, at the
Jeanne Dare Auditorium, tho pupils
of the College of st. Catherine ren.
dered beautiful program to an audi
ence of over $50 friends and admirers
of the college, who enjoyed the dances
immensely.
History of the Dance with illustra-
tions from various periods by Miss Bcr-
nadette Molloy.
Dance Religieuse-
Songs by Miss Auerelia Wharry
Canzone Venetrana.. ......... Brozi
Tho Dew is Sparkling. .Rubenste!n
Sylvelin ...................S .Sfndfng
The Land of the Sky Blue
Ballet Dances
The Swan Song. Saint Saens
PiZzicati
Spanish Dance
GavOtte Directoire
Greek Dance Pipes of Pan
Folk Dances
Horn Pipe
Highland Fling
Russian Whip Dance
Modern Dances
German Valse
| Round Valse
Hesitation
One Step
Two Step
| Ia Toa Japanese
Fox TrOt
French Skirt Dance