davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
FINANCIAL MEETINGS.
CmCSGO. SAINT PAUL. MINNEAPOLIS
AND OMAHA RAIIWAA 90.

NOTICE o. ANNUAL MEETING.
Tn. Anuua. Meeting Of The StocEholders
Of the Chicago. Saint Paul. Minneapolis
and Omaha Railway Company VIII be held
at the Office OF the company, IN tne city Il
Hudson Wisconsin. on tridoy. october 20,
1916. al nine Cd. clock q. ~. for the election
az directors and the transaction OF such
other business IS may come before said
meeting
T-auffer books viii be closed on Mon
day. septcut g IS 1915. al the close Of
business on mat day. and VIII be reopene ed
on saturday. October q. 1916.
Dated. september =. 1910
JAMES r.. CLARK. President
IOIN D lALDM ILL. SECRETARY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

As TO the privilege reserved to the
British government of selling the
collateral borrowed from its subjects
and pawned abroad, much confusion
has arisen. The language of the in
denture is clear enough. The gov
eminent may sell the securities, "if
necessary" which means, cf course,
in its own discretion, making it good
to the owner afterward on the terms
set forth. But Notwithstanding its be-
ing grammar clear, there were those
who said at once that a misconception
had resulted. The securities would be
sold only in the event of the govern
ment being able to pay off its own
loan. This opinion was supported in
statement made before the House
of Commons by the Chancellor Of the
Exchequer, Mr.. McKenna, as fol-
lows:
The securities which are lodged
with the British Treasury as col
lateral securities cor a time loan
can only be sold, 20 put it plainly,
if the British government is un-
able to meet its liabilities. In such
contingency as thai, which | re-
gard as extremely remote, / sup
pose the owners Of these securities
would be willing to suffer with the
rest of the citizens OF this country.
This is probably the first public
reference on the part of any person
in the English government TO the
possibility Of British solyency run
ming out. One will observe, however,
that Mir. McKenna's statement does
not clear away confusion as to what
the British government may do with
the securities borrowed from its sub
iects under Scheme B. II the gov
eminent is unable to pay its loans
the collateral securing the loans IS
forfeited, and it is then immaterial
whether the government had pre-
viously obtained from its subjects
the right to sell its collateral or not.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
INSIDE OF THE
FISH QUARREL
Revenue Bill Amendment
Dropped in Fear of Ca
madam RepriSalS.
Bv :. ROY WEAVER.
Toronto, September Q.

The abandonment of the amendment
to the United States emergency rev.
enue bill which would have prohibited
the admission of halibut or salmon
through any foreign country, except
in bond from an American port IS
said to have been due to the fear
that such legislation would lead
to commercial war with Can
ada. Retaliation by the Dominion gov
eminent against American Atlantic
Coast fisheries was spoken Of as pos
sibility. The Canadian representatives,
who discussed the issue with Wash
ington officials appear to have won out
Their case was strong one or II
would not have prevailed with gov
ernment eager for votes against the
urgent and repeated representations OF
Seattle and Pacific Coast interests, who
wanted the amendment carried. Retail
iation may have been threatened, but
il is probable that the Congressman
were more impressed than by anything
else with the benefits which consum-
ers Of fresh or frozen halibut and sal
mon in the Eastern states derive from
the facilities of rapid and cheap trans
portation afforded by Canada.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Allied Group's seIf.Suaiciency.

Discussing the pledge Of the Entente
Allies at the June Paris Economic Con-
ference TO effect special agreement.
for the interchange Of raw material,
and to conserve their use to the Allies
before all other countries, the report
says:
The self-sufriciency OF the Allied
group is the logical goal Of this agree
mert precisely as British imperial self
sufTiciency was the goal OF the Cham
berlain policy. Leaving aside the prob
lem Of whether the United Kingdom will
consent 10 a tax on food. the question is
whether such policy adopted by all the
Allied group would deprive the United
States of any Of its present outlet for
foodstufs or raw materials. Tine United
colonial and Russian production Of food
stuifs and raw materials was not equal
90 the ante-bellIm necessities of the
Allie Would a preference stimulate
production 20 the point of self-suf-
fcicncy2 II the Allies were Obliged
stiil to depend upon their own raw ma
terials admitted 10 the consuming Allied
countries ut n lower tariff rate than
those Of neutral or enemy origin would
not the price find a common level?
Attention is called to the Allied pol
icy by direct subsidy to foreign trade
and its possible effect upon American
oversee enterprise:
The recovery OF a portion of the
American gold reserve. which supports
an unprecedented structure of domestic
and foreign credit. il essential to the
restoration Of European prosperity after
the war. and this would logically seem
60 be one effect Of the economic alliances
now being devised 4 violent reversal
Of the flow Of gold would rudely disturb
the structure OF domestic bank credits
reared upon it. The primary safeguard
must be stimulation OF exports Of the
merchandise required in peace 10 take
the place Of the abnormal demand for
munitions and abnormal export Of other
articles.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
RAILWAYS IN SPAIN.

The total length Of the railways in
Spain Is now 1917 miles, of which more
than three-quarters is Of standard
gauge. The receipts of the railways de-
creased S3000.000 in 1914. from re-
csipts Of 1918.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Gov. deposits. S,OSo,So2 lZ'@oo'soo
Due from other
T. r. banks
nett ...... 11.OO2,blS l<'o'1'7 "
All other liza
bilties 900. 2,751,493 4,Olf'ss ]
liabilities. $685. 5o,431 s21s,s1S,924
Fed. Res notes
outstanding. 7A,651.10O I2,S94'eoO
Against which is
deposited with
Fed. Reserve
agent: Gold
and lawful
money ...... I4,oo1, lUO IEJS4'oOo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Larger Advantages.

The advantage TO the American con-
sumner which the Canadian facilities
afford are obvious. by Quitting at
Prince Rupert and landing their Ash
there, hundreds of vessels save sew
eral days on the voyage TO and from
the halibut beds. They are able,
therefore. to land their catch in much
frcsher condition for shipment. The
recent charge that American fishing
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Two Canadian scientists have found
cobalt superior % nickel for plating
other metals. being more durable. re-
aulring less time 90 apply snd provid.
Ing sqs4l pTotsetion 9Th q thinner
6spssit
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Sub-Trcasury- York banks lost
to the Sub-Treasury, S3,630.000
Silver Bars in London, 32is pence.
Bars in New York, 6s@s cents. Mexican
dollars. J29s "a 55ts cents.
Gold Imports.-A consignment OF
S2.5O0,OOO in gold was received from
Canada for account of j. p. Morgan
q %
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Each successive rise in Steel COM
mon carries it to "a new high rec
ord" and that is an event Of news
value. Therefore, the stock provides
its own publicity. 1t is such as no
publicity expert could hope TO pro-
cure. From this time forward, if it
continues, the rise in United States
Steel shares Will be the most adver-
tised activity of the New York Stock
Exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Below is gwen 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, 1916-09-10
4 Trick on Seattle.

II is perhaps true that the Domln-
ion "stole a march" on Seattle, al
though the action was perfectly legit-
mate. Prince Rupert is the terminus
of the Grand Trunk Pacific Railway
and upon completion of the new trans
continental line across the mountains 70
the coast the Importance and the pos
sibilities Of its relation TO the halibut
fishing grounds of the North Atlantic
Ocean were recognized. Advantage mas
been taken of its geographical position
to such good effect that within the last
two years Prince Rupert has displaced
Seattle as the base of the American
balibut fleet and won-perhaps some
what prematurely-the title "the Grlms-
by of the Pacific Coast
Until several years ago the fish were
shipped to the Eastern markets through
Seattle and Vancouver. Then came the
counletion of the Grand Trunk Pacihc
line. and the Canadian government unos-
tentatiously passed an Order in Council
which has revolutionized the method Of
shining halibut and salmon. A treaty
dating from 1903 gives American hsh-
ing vessels the right to enter Canadian
ports for the purpose of obtaining
wood. water. shelter and repairs but
not for any purpose Of commerce Inc
Order in Council provides that American
vessels which land catches to be sent 70
The American market may purchase
bait and supplies in such Canadian
ports. The privilege is extended only
TO ships which bring their fish 70 the
Canadian shipping points.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Swedish chemists have found way
10 remove from coal tar the finely
divided carbon which il holds in sus.
pension.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Europe Preparing.

The report says there is no use over
looking the fact that Europe Is prepar-
ing for an economic war of great pro-
portions.
While son,e authorities contend that
the commercial preferences implied III
the Paris resolutions Of the Entente
Allies are impractical and VIII ha''eh
under pressure OF the dependence OF
European nations upon each other IN
GLIDING their enemies. the present tact Is
that two economic alliances have already
been created FOR the war abrogated the
INSTRUMENTATION relation between the
mowers now enemies. The Paris resoIu-
tions declare the Allies agree that the
benefit Of the most-iavorcd-nation treat
,neut will not be granted enemy powers
during number Of years. How lar
will war after war" obtain?
Investigation reveals that the United
state. in the last normal year before
the war. 1913. sent 71.6l per cent OF It's
exports 10 the belligerent countries and
derived 1888 per cent Of its imports
from them. Therefore any sweeping
change Of tariff navigation or financial
policy OF either gr>up Of allies may seri-
ously affect the prosperity OF the United
States. in which foreign trade is vital
clement.
The foreign trade of the United States
for "a century has increased IN world OF
relaxing trade restrictions. II the mem
her. Of either the Allied or the Central
Economic Alliance seek by diferential
tariffs 10 prefer each other and their re-
spective colonies. discrimination
against the products Of the United
States will automatically he created. II
special shipping arrangements are car
ried so far a. aftifcialiy 10 create lower
freight rates for Allied than Tor neutral
commerce. the parity Of ocean freight
charges 20 and from American ports a.
compared with to and from European
ports. which has been one cause of toll
Grafton OF American dependence upon
foreign carriers. viii be disturbed.
Whatever may be- the result Of the Paris
resolutions. manufacturing enterprise in
the Allied countries looks forward to
preferential advantage in those coun-
tries which have shared the burdens Of
War
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Federal Reserve Banks.

Washington, Sept. 9.-Large gains IN
gold and cash reserves and correspond
ing increases in net bank deposits are
indicated by the regular weekly bank
statement made public to-day by the
Federal Reserve Board.
Considerable increases Of gold hold
ings are reported By the Southern and
Western banks, except Chicago, largely
the result Of heavy transfers during
the week made by New York through
the Gold Settlement Fund.
Besides a gain of S17,9O0,0O0 in gold
reserve the banks also show gain OF
s13,9OO,00O in reserves other than gold,
the larger increase under this head
reported by the New York bank being
slightly Offset by net Withdrawals Of
cash other than gold from some OF the
other banks. A gain of about Sl9,-
100000 in total reserve, reported by
the New York bank, is accompanied
by a gain of over s21 100000 of gov
eminent and net bank deposits, a de-
crease of about S3,sOO,OOO in the
aggregate balances due TO other Federal
Reserve banks, and increases Of about
S1,50O,000 in the amounts transferred
to the agent to reduce the banks LA
bility upon notes issued by the latter,
and Of s3,6OO,OO0 in the amount Of
Federal Reserve notes put in circula-
ton by the bank.
Bank Exchanges. The days clear
inrs AT Now York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
AMERICA MUST
PREPARE FOR
ECONOMIC WAR
Foreign Trade Council
Discusses the Trades
Struggle to Come.

Need Of effective measures to com
bat the policy of trade preference and
determinations which the European
belligerents propose to adopt after hos
tilities cease is emphasized in a re-
port made public yesterday by the Ma
tional Foreign Trade Council. While the
retaliatory legislation enacted at Wash
ington last week was directed chiefly
against the policies Of belligerents
during the war the post-bellum lnten-
tons were the subject Of the investi-
CATION by the council, which is COM
posed Of fifty nationally prominent mer-
chants. manufacturers, farmers rail-
road and steamship men and bankers
associated for the economic investiga-
tions Of problems arising in foreign
trade. James A. Farrell, president OF
the United States Steel Corporation Is
chairman Of the council.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Daily Imports and Exports

Daily imports and exports :, :, wS
eral merchandise at the r0''
York were: -,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Money andCredit

The actual condition of the New
York Clearing House banks on Satur-
dav was as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

The loss in cash, in spite Of the
heavy gold imports Of the week Of APP
proximately s3O,OOO,OOO, is due to the
fact that much of the large consign-
mcnt had not been unpacked and
counted. The banks will benefit next
week from these heavy shipments
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
A,,rEICAN ON COMPANY.

= cUaTtoFIy 1IIIdtnI q one and three-
quarters per cent has been declared upon the
Preferred S.oca OF this Company, peyable
October LIST. 1916. 20 stockholders Of record
al the close ~ business September 10. 1916.
Transfer Books win remain open. Checks
l.. Il. IsMON. Secretary & Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

New York Federal Reserve The
condition Of the Federal Reserve Bank
of New York at the close Of business
Friday, September 8, compared with
the previous week, was as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

The monthly statement OF untitled
orders on the books of the United
States Steel Corporation becomes
statistically important by repetition.
The amount of untitled tonnage at
one given time bears a relation TO
that at a time past, and the contrast
for all rational purposes is true
enough. But for the immediate spec
ulative purposes Of Wall Street the
statement is worth very little, though
so much is made of it. What Wall
Street wants is a clew TO the next
change, the next Cup" or "down" in
the steel trade, and in the earnings Of
the United States Steel Corporation.
To this the monthly statement is a
very poor guide. 1t gives only one
side of the account-the untitled or
Gers at the months end. The
months shipments are unreported.
If all the plants Of the United States
Steel Corporation had been idle for a
month, so that not dollar was
earned or ton Of steel produced,
and if in that time no contracts were
actually cancelled, the untitled or
ders would be the same as at the end
Of the preceding month, and if Wall
Street had not been otherwise in
formed of the cessation of production
IL would never guess it from this
anxiously awaited monthly exhibit.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Great Britain is yet a long way
from transcription" Of investments.
The government mobilization Of
gecurities to be pawned or borrowed
on in the United States is now pro-
ceeding under Scheme b, previously
referred 10 in this column, which
"The New Statesman explains as
follows:
fIolders Of high class investment
securities are invited 20 lend them
10 the government for five years,
the government undertaking al the
end Of that period either to return
such ssenritisA, or. II 1t should
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
The Dollar in Foreign Exchange
Week

The market was dull and changes in
rates were only nominal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10
Finance Economics
GARET GARRETT. Editor.

!,
WALL STREET OFFICE: Telephone:
Building, IS Broad St Hanover ool4
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

Bank Exchanges. The days clear
ings at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-10

The report says there is no use over
looking the fact that Europe is prepar-
ing for an economic war Of great pro-
portions.
Abilene weekly reflector., 1916-06-22
TROOP TRAINS THROUGH HERE
Abilene May See National Guards
men Either Thursday or Friday

Three troop trains carrying men,
bers of the Kansas national guard
to Fort Riley for temporary en-
campment before leaving for the
border will go through here either
tomorrow or Friday, according to
the moving orders,
The Mcpherson, salina and Min
neapolis companies are expected to
arrive on Union Pacific special at
1870. The Winfield, Wichita and
Newton companies over the Santa
Fe will tronsfer to the Union Pacif-
ic. This train is scheduled for l;4o
D. m, leaving Winfield at a. m
Another special over the Santa Fe
bringing the Larned, Great Bend
and Hutchinson organizations viii
transfer TO the U. P. at p. m.
Abilene weekly reflector., 1916-06-22
HARRY STYLES TO TRIAL FOR
DEATH OF ROY APPLEBERRY

petition for a delinquet child
has been filed in juvenile court IN
the case of Harry Styles, charged
with the death of Roy Appleberry
of Herington. The petition charges
general incorrigibility, a felonious
and wilful assault with gun which
resulted in the instant death OF the
Appleberry youth and that Styles Is
growing up in crime and idleness
contrary to the stautes the state.
styles, with his parents was in the
juvenile court this morning and his
hearing has been set for Friday at
/ p. N.
Abilene weekly reflector., 1916-06-22
rABIENE MUSICIANS WITH
COWBOY BAND TO N. u

The Frontier band OF Sharon
Springs, Kansas, which has gained
national repute as a cowboy and
western organization, has a former
Abilene man for president, Charles
Jolley, and today Rem Dobkins re-
ceived a letter from Howard Marty
director of the organization, asking
him to make the trip as player
with the band to New York CITY
for the big stampede at Sheepshead
bay. This is August 5-12 and Mr.
Dobkins intends to join the company
and go. 1t is probable that other
member Of the Abilene band may
be asked to make the trip east. This
cowboy band will also play at tht
big western roundup in Cheyenne
Wyo., in July.
Abilene weekly reflector., 1916-06-22
WILL BUILD LARGER FILLING
STATION THAN FIRST PLANNED

A. E. Brown, state sales manager
and M. F. Van Kunen of the stan
dard Oil company were here this
morning and ended several propo-
sitions for a filling station that
have been pending for some time.
It was decided that larger site
than the ones under consideration,
was needed and ]. r. Fields, county
agent, said today that such steps
would be taken Immediately and
the definite plans of a large, attrac-
tive gasoline filling station for auto
mobiles would be announced later
Abilene weekly reflector., 1916-06-22
MILITIA COMPANY
MAY ORGANIZE A COMPANY IN
ABILENE
- -
Uystv Young Men Have Signified
Their Intention of Joining In
Case of Organization
Probable Next Week

Abilene may show her colors 10
the national call to arms and form
a company Of national guards a
move is under way among the
young men of the town eligible for
militia service for the organization
of a national guard company mere
1t is being generally agitated ana
much enthusiastic response is peins
shown. Many young men are anA-
ions for service with the prospects
of some real action on the border,
r. A. Pautz Is the chief promoter
and fifty young fellows have prom
faed him that they would join a
national guard company and that
they favored the organization. A
member OF the state staff Officers
will arrive this afternoon OF even
ing and the necessary preparations
will be made.
Sixty are required before char'
ter can be obtained and the tul
military strength is 100 men. The
company here will organize the firs'
of the week to join the state militia
There are three commissioner OF
ficers in each company, a captain
and first and second lieutenant'
and - non commissioned officers
two musicians, five sergeants ant
five corporals. Further Information
can be obtained from Mr.. Pautz.
Abilene weekly reflector., 1916-06-22

Gradnated in Medicine

Adm H. Webb, an old Abilene
school boy, graduated this year at
the University of Nebraska. He is a
son of Mr.. and Mrs. E, L. Webb, 4 IL
miles south Of Abilene, attended the
Abilene high school and Kansas
university. He graduated with hon
ors and practically made his own
wav through the university. He has
entered the Emanual hospital at
Omaha and will take year OF
practical work before beginning
private practice.
Abilene weekly reflector., 1916-06-22
MERCURY CLIMBING
COMMITTEE TO COMPILE BUILD
ING REVENUE DATA
CITY Federation Representatives Met
With Boosters-Thermometer
Rose to $43,OOO-Cam-
paign Progresses

The ins and outs, the encourage
ments and discouragements, the
prospects and retroprospects OF the
hotel stock campaign we're thorough
" gone over and revised at meet
ing of the Booster club last night at
the Chamber of Commerce rooms.
Representatives of the city fedora
tion were there and request that
members Of the executive commit
tee meet with the women was grant
ed and at that time the federation
will map out their plans. The con-
test is not slackening in the least, IN
fact it is passing from the enthus-
iasm, paper mache, hot air stage TO
that of a sound, profitable, business
proposition and this aspect is be-
coming generally accepted after
much pounding and drubbing. The
solicitors are not after people who
want to make a gift but persons who
want to invest money to sure ad-
vantage.
The one big obstacle and bug
bear, which the wary ones who are
approached for subscriptions, put up
to the canvassers is, How do you
know the hotel will earn in reven-
ues what you claim it will? We want
proof." The ways and means COM
mittee can furnish this and has
started compiling comparative data;
the actual results of hotels in sur
rounding towns and this with the
accompanying conditions Will be
presented to the public in straight
forward, straight-from-the-shoulder
manner. It intends to make plain Its
grounds for the evident confidence
of the committee members, who
themselves have subscribed the sub
stantial share of the stock taken te
date.
1t is taking persistent, contin'
nous and hard efforts to put the
proposition over but it is going
such is the concensus Of opinion Of
every one who is behind and thor
oughly acquainted with the project
, The women will get into actor
before many days pass and ther
things will step up. The Booster
last night extended a vote 0
thanks to the club women for thei
} willingness to aid and cooperate
with the committeeman.
clean old papers for sale at tn
l Reflector office; &C a bundle.