davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Other Cities

Canadian Bankers Discuss War
Credits Dec. lS.-Canada
must have at least S500,000.000 10 fl
nance her war purchases, supply her
army and grant credits to Grea,
Britain during the coming year. To
this end the leading bankers have
been called into conference with Sir
Thomas White, Minister Of Finance, 10
discuss the general financial situation
as regards the means for raising this
huge amount: They have discussed
the matter Of advancing during the
first month of the new year some $780,
100000 for further credits TO Great
Britain 10 finance the buying of mu-
nitions and supplies in Canada.
Canada's war expenditures for the
coming year will be at least S250,000,-
600, and British purchases here will
be easily as much again, If not more,
and this means that between $780,
600, 900 and s6O0.0O0,O0O will have 70
be raised by Canada either by internal
or external loans.
Shippers Cannot Recover Twice
Washington, Dec. lS.-lnterstate Com
merce Commission reparation awards
against railroads for charging unrea-
sonable rates, the Supreme Court de-
cided to-day. bar recovery by shippers
in state courts of additional general"
damages for injury TO business. The
court reversed a judgment for s57 900
won by the Ohio Valley Tie Company.
of Louisville. against the Louisville &
Nashville Railroad.
Shippers may elect to take Interstate
Commerce Commission awards or sue
in state courts, but cannot recover be-
fore both.
Crude Oil Advances. Independence
Kan. Dec. lS.-Crude oil was advanced
10 cents q barrel here so-day, accord
ing to an announcement posted by the
Prairie Oil and Gas Company, making
the price $3.50.
Boston COppers.- Boston, Dec. ia
dull market for copper shares developed
minor gains to-day. Zinc shares fell
off. The close was irregular. Copper
Range, SO; Allouez, SO; Old Dominion,
66A; Osceola, 95.
Condition of New Jersey Banks
Trenton, N. j., Dec. ls.--The State Com
missioner OF Banking and Insurance
has issued his quarterly statement.
showing the condition OF the III trust
companies, % state banks and IS saw
ings banks of the state The total re-
sources are S550,349,74 as compared
with 1891 ,994,S62 three months ago. The
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Current

The above rates express the cost OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for s47511; the intrinsic par
ity is s4S6ss per pound. Thus, you
say either that pounds are at a dis
count or that dollars are at a pre-
MUM, which is owing to the fact that
in England the demand for dollars
with which to settle accounts in this
country is greater than the demand in
this country for pounds with which to
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Billion Dollars
Added to Stock
Of Gold Money
During the War

The amount Of gold imported into
the United States since the beginning
of the war is in round terms S1,lO0,-
100000, and the exports in the same
period about 1915 100000, making the
net imports in that period over $780,
100000. The product of our own mines
in that same period has exceeded $780,
100000, thus making the additions TO
our gold stock since the beginning of
the war approximately sl,000,O00,00O,
according TO compilation made by
the foreign trade department Of the
National City Bank.
The gold money OF all countries of
the world for which statistics were
available in 1896 aggregated S4,144,-
100000, and on January /, 1916, Ss,25s,-
100000. These totals were distributed
among the leading nations as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
News Digest
Foreign

London Markets.-London, Dec. le.--
Money was in fair supply on the mar
ket to-day and discounts we're STEADY
On the Stock Exchange there was a
good undertone, the feature being the
strength of home rails. Allied iuhus
were steadily maintained and French
securities hardened. Oils were good
American stocks were steady. United
States Steel, the lower priced shares
were active and stronger.
Money, AZ per cent; discount rates
short and three-month bills, SAC 5Ss
per cent; gold premium at Lisbon
1900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
New York

To Represent Trade Corporation in
France.-Percy Peixotto. newly APP
pointed general representative Of the
American International Corporation for
France, and president of the American
Chamber Of Commerce in Paris, saile
yesterday afternoon on the steamship
Chicago for Bordeaux, en- route 70
Paris. Mr.. Peixotto, who has been d.
rector general in France Of the Equita-
BILE Life Assurance Society for the last
twenty years, will also continue in that
position.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
London Wool Auo:jcn

London, Dec. ls.--At the wool aUc-
non sales to-day $500 bales wtr, o.
fe,ed The soiscuce was mo1erstc.
but She Ce-nar1 va, Ll..S and - ..t
wee aIm. A1c't-.oa stOurtd r.o-9cg
rssiiziag 6s 81 ard New ZeaiarL greasy
cyessbTeds Is 51zd.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

L. s. Government Bonds.-Concern-
ing the position of United States gov
-rnment bonds c. F. Childs e. Co. spe-
say:
With the closing OF the current year all
United States bonds appear 20 be closely
held and difficult TO dislodge in amounts
sufficient TO meet the demand Unless a
substantial amount Of additional Panama
IS should be advertised for sale within the
next three months the price level for all
issues will likely move upward. Virtually
all OF the national banks are now content
TO retain their profitable circulation ac-
counts and utilize their per cent bond.
for that purpose. There is certainly little
II any. inducement or offsetting benefit for
national bank 10 surrender It's bonds to
the Federal banSs for redemption at par
and coincidently sacrifice a sure annual
profit Since the bonds are destined TO be
always a desirable acquisition for the Fed
eral banks. permitting those institutions 10
obtain considerable profit by converting
them into per cent bonds. there should
constantly be q demand for IS sufficient to
give the bonds a market value Of fully par
In fact. an equivalent demand would rea-
sonably exist for bonds IL quoted at a pre-
MUM. provided national banks decline TO
sacrifice their holdings at lower prices
The Federal banks need the . per cent
bonds and will be tempted 20 get them AZ
any price which will result in profitable
conversions Recognition OF this situation
has prompted many national banks TO
postpone action. and many more will prob
ably decline 90 tender any OF their holdings
10 the Federal banks for redemption at par
next year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Boston Bank Statement.-The week

Boston Bank Statement.-The weekly
statement of the Boston banks disclosed
a cash deficit of s2.7sO 900. an increase
of Sl,79s.oOO over the preceding week.
The excess of reserve held with New
York agents was s1s.24l 900, an increase
OF S2,si9.000 Excess Of cash with the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
INDICTMENT TO
BUY MARKS FOR
PEACE BUSINESS
Profits Suggested to Inn
pOrters Who Get Ger
man Exchange Now

The statement Of Leopold thinner
mann, head of the banking house OF
Zimmerman e. Forshay. issued in con-
nection with an offering of exchange
futures on Berlin and Vienna at cur
rent quotations, in which he predicted
an early peace in Europe, was treated
in Wall Street yesterday with purely
financial interest. There was no dis
position to attach political significance
70 il.
The firm Yesterday Indignantly de-
MED the suggestion that in offering TO
sell 9O-day exchange drafts on Berlin
and Vienna they had sought to realize
a profit from the recent rise in the ex-
change value Of the German mark and
the Austrian kroner.
Sales of the 90-day- after-date bills Of
exchange which zimmerman & For
shay are offering on :he Deutsche Bank
of Berlin and the Wiener Bankverein
of Vienna, have been going on for sew
eral days. The firm says there is an
excellent demand. II is explained that
the bills are a form Of investment in
marks and kronen and furnish the pur-
chaser another means Of taking advan-
tage Of the prevailing low rates for
bott these exchanges.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Commercial Paper.-No change

Commercial Paper.-No change IS
noted from the close Of last week in
commercial paper. Trading is exceed
ingly light and rates fog prime regular
maturities are quoted 4 to Az per cent,
with a few notes moving at 4 per cent.
Official rates OF discount at each OF
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

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, 1916-12-19
Curtiss Aeroplane Financing.-T

Curtiss Aeroplane and Motor Corpora
ton has sold 100000 one TO five
year serial per cent convertible notes
TO a banking syndicate, headed by
William Morris Imbrie & Co. The
company has also sold TO private in
terests 100000 per cent notes OF
different maturities. The main pur-
pose of the new financing is TO refund
100000 notes falling due before
July I, 1917.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

institutions show total dsp pos *. q
si67 1903 .507. as against Ne-vTrs tn. ,s.sl
the last quarterly Stationery ,rau.is
surplus is s2s,6is. 7oi, and thfss
ago was S29.Q49.632
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Money AMI Credit

Money on call at the New York
Stock Exchange was slightly hrmer at
the opening Of the week, with ruling
rate of Az per cent yesterday, COM
pared with on Friday. The opening
was AZ per cent, the low %. and the
close 4.
The market for time funds on
brokers' Stock Exchange collateral
showed practically no change from the
close OF the preceding week. Rates
for loans on mixed collateral were
quoted at Az to A. per cent for sixty
and ninety days, and A to Az per
cent for four five and six months; and
on industrial collateral at ) to 81 per
cent for sixty and ninety days and
four months, 494 to . per cent for
five months and Az per cent TO "a
per cent for six months.
Ruling rates on money yesterday,
compared with a year ago, were as
follows:
Yesterday. Year ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Denies Cunard Line Rumor.-G. z

Bosworth, vice president Of the Cana
dian Pacific Railway, and chairman OF
the board Of directors of the Canadian
Pacific Ocean Services. Ltd, denied
yesterday rumor that the Cunard
Line is planning the purchase of the
Canadian Pacifc's Atlantic fleet.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Importers Buy Mark Bills

German exchange was firm yesterday
Brokers reported a large inquiry for
mark bills from importing houses and
bankers with German connections. The
value Of four marks yesterday at the
close was III cents, against II on Sat
urdav. Vienna kronen, on the other
hand. declined more than half q cent
falling TO 1905 cents, compared with
t265 at the end of last week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
WEALTH MARKETS AND COMMERCE III

Federal Reserve Bank increased S3,O24,-
600 10 S7.57b. 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Bank Exchanges.-The days clear

Sub-Treasury. - New York banks
gained from the Sub-Treasury, 49,
311.000.
Silver.-Bars in London, 80 1916
pence; New York, 1855 cents; Mexican
dollars, 1915 cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Buyer Loses Interest

The bills are sold at the current rate
for wireless transfers. The buyer in
consequence lcses interest on the
money he pays, but expects to profit
from an appreciation in the exchange
value of marks and kronen. II is not
explained how the buyer OF the bills
will profit without the seller taking q
loss.
II was stated yesterday that the bills
are designed particularly for the ad-
vantage Of importers who expect TO
resume trade with Germany and others
with obligations to be met in Germany
after the cessation of hostilities. For
this reason they are renewable upon
each maturity until the end Of the war
Arrangements have been made with
local banking institutions to discount
the bills at the New York rate at the
pleasure of the holders.
It is pointed out that the advantage
this class of bills has over the WIRE
lese transfer as an investment in ex-
change. and which compensates for the
loss of interest, is the fact that they
will represent two-name obligation.
They will be drawn by zimmerman
Forshay and will be accepted by the
two Teutcnic banks through their local
representatives, Hugo Schmidt for the
Deutsche Bank and Alex Won Fest for
the Bankverein.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

James H. Perkins, president of
the National City Bank, will speak be-
fore the New York Credit Mems As
ISOLATION tonight at the Hotel Aston on
Where 10 Get Information and How TO
Use It." A general discussion on mat
tiers Of interest TO credit men will
follow.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

Monday, December IS, 1916
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

Decrease in Car Shortsge.-Reports
made to the American Railway Asso-
citation By the railroads OF the United
States show that On December /, 1916,
there was a net freight car shortage
Of 105,527, as compared to a shortage
OF l14,908 cars on November 1. The
net shortage on September 30 was
6O,697; on September /, 1888. On
August ! there was an actual net sur
plus of 9,762 idle cars.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19
Observation-Disclosures
Partial PAYMENT Plan

Write for Booklet NJ which ex-
plains fully how conveniently one
or more shares or bonds OF stand
ard securities may be purchased
through uS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-19

Crude Oil Advances. independence,
Kan. Dec. lS.-Crude oil was advanced
10 cents a barrel here so-day, accord
ing TO an announcement posted by the
Prairie Oil and Gas Company, making
the nrice 81 %
Evening journal., 1916-01-25

especially before il has been over
borne by the mass Of the more liberal
thought Of the community. THAT is
part of the punishment They have
brought it on themselves" has been
the stern reply when ] have protest
ed against conditions that foster tu-
berculOsis almost as "A culture tube
would do, against a close and stined
inactivity Of body i'm which the mind
cannot be chained. but is left ac.
tive. with no vent but imagination.
without any elevating influence. and
in an atmosphere that is ringing with
the thoughts Of those who have borne
this punishment before
"That is part Of the punishment
Is it part of the punishment that
those who are weak enough TO offend
against our laws should be placed
in conditions in which even good
man would deteriorate? is it part
OF the punishment that they should
be forced TO live so as TO lose their
health, and often times their sanity?
Then I consider the barbarOus Chi
nese custom OF looping Off a hand or
an ear, more merciful. is It out
OF place in Christian nation to recall
the words Of the Christian Master.
Thou shalt love Thy neighbor as
thyself2" Is IL too much 10 expect,
in a Christian nation. that We as a
nation as State and as individ-
uals, shall do whatever we can to
educate the ignorant. reclaim those
who do evil, direct those who make
Evening journal., 1916-01-25
SUFFERED FOR YEARS UNTTr
REMEDY Was FOUND
Mrs. George Miller Feels Deeply
Grateful for Remedy Which Ended
Her Stomach Troubles.

Mrs. George Miller David ST.. Og-
densburg. n. Y. had been greatly
troubled with stomach ailments for
several years and failed TO find relief
until she discovered Mayr's Wonder
ful Remedy and took il according to
directions. Here is what she wrote
IL received the bottle OF your rem
edy for which feel deeply grateful. as
I took II with the best results and il
relieved me Of as much as one hun
dred gall stones from which had
been suffering for several years I
have highly recommended il TO all
my friends and can never say enough
in It's praise When l went TO the
drug store for the second bottle, the
druggist told me that he sold more Of
your medicine than any he ever had in
his store
Mayr's Wonderful Remedy gives
permanent results for stomach, liver
anu intestinal ailments. Eat as much
and whatever you like. No more dis
tress after eating. pressure Of gas i'm
the stomach and around the heart. Get
one bottle Of your druggist now and
try il on an absolute guarantee IL not
satisfactory money will be returned.
Evening journal., 1916-01-25

mistakes, and protect the public from
the hurt that will inevitably rebound
to il from the deterioration OF part
Of It's members2 And. furthermore. /
would ask those undecided on this
question, TO consider this point:
What is the economic value to our
Nation and our State, of a system
that lowers the health OF our pris-
oners. engenders q hatred OF law and
order. and a desire for revenge. and
then. after certain fixed term Of this
degeneration. turns them out to be
free members Of society. with only
the pitiful hope that fear viii re-
strain them from the prompting OF IN,
stronger passions IN The exercise Of
their increased facility for crime? ?
THAT Is part Of the punisrmenti" I
answer that such punishment is a
travesty Of common sense. an ofense
again society. and crime against
our brother, greater than any that he
himself may commit
In introducing conditions TO help
the men in our prison to become "ca-
pable of living an honest and useful
life The first step is to secure sur
rOundings and mode of life that
will preserve the health OF the Well
and that will benefit those diseased
"A sane mind" must have the
Sound body Il is useless to force
man into conditions that rob him
Of health and then expect him to inn
prove, even though schooling, or other
advantages be offered Without
healthful conditions, any further
training fails of its effect Can the
league give me back my lungs p
shouted one prisoner, defymg thi
progressive movement and improved
conditions that had come too late {,
save him from the last stages Of con
sumption. Who can blame him. OF
fail to feel pity and Indignation owe
this tragedy of a life? Less dramati
perhaps. but equally important and
close at hand. are cases where i'm
proved conditions have not vet be
gun. II is our work to look after on
crowded, old. unsanitary Georgetown
Jail. II is our work to cooperate
with the efforts of Mr.. Kirby to max,
the Dover jail more nearly fit for the
herding there OF men, to join those
Evening journal., 1916-01-25

those who wish to learn. and manual
training for the unskilled and in
efficient. fuller mail privileges. and
especially that the much discussed
and needed indeterminate sentence
and parole bill was in effect All
these the Federation has indOrsed.
But first of ALL repeat it many
times-hrst of all. we must lay the
foundation OF decent housing.
healthful mode OF life. and Skilled
treatment for those diseased And
il is because ] believe i'm the far
reaching influence of the wOmen's
clubs that ! am trusting in them TO
bring this matter before the people
of our State, and to awaken them
TO thOughtfulness, and to guide pub
lie opinion, so that later. i'm ques-
tion of legislation providing for bet
ter prison conditions. the people may
be intellig6ntly and interestediy ready
for them. This is our work i'm the
present, and only on its success can
he built the success of the later work
of the legislation.
want the help OF your particular
club. ! suggest that the cooperation
of the individual members of the club
be asked for in discussing this ques-
tiOn i'm as many ways, and before as
many people, as possible. that at
least one day Of club-work be given
to it, and after this presentation be-
fore the club. that the club be asked
Continued on Page Nine
Evening journal., 1916-01-25

interested in it and demand mode of
life that shall give the prisoners fresh
air, and work in the open to keep
them healthy. And last and worst,
we have our Green Bank prison. with
its contract labor. indoor work, and
IFS fearful loss OF life from consump-
ton
There arc many other points for
Improvement, besides that Of a
healthful life. should like to be
able to say that there was a good
library in the prison, a school for
Evening journal., 1916-01-25

fants' clothing for distribution among
some families who are greatly in need
Of such articles. II convenient. il is
desired that the donations be left at
the home Of Mrs Charles h. SlOcOmb,
1908 Wawaseti Avenue. president Of
the Alert Branch. or Mrs. Henry G..
Primrose. 1905 West street II II is
impossible 20 leave IL at the addresses
mentioned. kindly send word and the
articles will be called for
The Coreopsis Branch of the l. s. S.
held It's regular monthly meeting at
the home OF Miss Sarah A. Wardle.
2419 jefferson street. Monday even
ing. January 3rd A report of the
Christmas Good Cheer" was read by
Mrs. William Stevenson, the presi-
dent A new member was welcomed
TO the branch, and after social hour
The members adjourned TO meet at
the home Of Mrs. Turner. 1920 Tat
nall street, February T.
The State President Is recovering
from a slight attack Of pneumonia.
Thee State Nice-President. Mrs.
Frank c. Sparks. is confined 10 her
bed with a severe attack OF la-grippo.
A meeting OF the Executive Board
was held Friday evening January n.
at the home of the treasurer, 9l0
West Ninth street
The Quarterly Meeting of the Del
aware Division Of the l. s. s., will be
held IN the Sunday School room OF
ST. Andrews Church, Thursday even
ing. February 3.
We need money. in our General
Fund. for stamps. stationary and
other expenses Make your check
payable TO Delaware Division and
mail TO the president or treasurer,
stating what Il is for
J The following have been appointed
from the Delaware Division OF Sun
shine. 10 serve on the various stand