davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
EXPORTS ESTABLISH
NEW DAILY RECORD
Shipments from New York Last
Month Averaged S10,500,000.

The Port of New York made new
export record in September. The aver
age daily exports per business day were
larger than in any earlier month. The
monthly compilation of the foreign
trade department of the National City
Bank Of the daily records of the Gus
tom House shows an average Of nearly
SO. 500 900 for each business day of the
month. against a daily average OF about
$4,000 900 for August. The total Sep
tember exports were s2G9, 1884, 900. The
compilation adds:
Practically one-half OF this very large
total for she month OF exports was Tor
the battlefield. OF explosives and empty
shells the total for the month was nearly
$50 600. 900 brass manufactures. chiefly
tubes FOR making shells. another s20.Oo0.-
900; firearms. $4,000 picric acid for
the manufacture OF high explosives. $1,000
600. and barbed wire. s2.50o.O0o Smoke
less powder alone was approximately $l',-
0O0 600. and projectiles s6.C00.0o0. IN adj
dition TO these articles distinctly for the
battlefield. there we're approximately
IS 0O0. 600 woSth of automobiles and parts,
OF which very large proportion was des-
tined for Europe in conjunction wiih the
war. Copper for The month amounted TO
about sl2O0o.o0O.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
New Rock Island Committees

New Rock Island Committees
view Of the filing of a foreclosure bill
By holders of refunding mortgage per
cent bonds of the Chicago, Rock Island
e. Pacific Railway Company, a commit
tee has been organized for the purpose
OF protecting the interests of the hold
ers of St Paul & Kansas City Short
Line Railroad first mortgage "A per
cent bonds, the interest and principal
of which are guaranteed by the Rock
Island The committee consists of
Eugene Meyer. jr.. Horace L. Andrews
and Willis D. Wood. For the same rea-
son. a committee, consisting OF Henry
Ruhlender. Andrew j. Miller and Tim
othy :. Williams, has been organized
for the protection of the interests OF
the holders of the first mortgage 4i2
per cent bonds Of the Rock Island,
Arkansas E. Louisiana Railroad Com
pany, the principal and interest of
which are guaranteed by the Rock
Island.
F.. H. Gary Returns.--E. II. Gary,
chairman of the United States Steel
Corporation, returned 10 his office yes
terday from a three months vacation IN
the Far East. He declined to discuss
financial matters or politics. lie said
the steel situation speaks for itself
Stock Exchange Seats Up.-A seat on
the New York Stock Exchange was re-
ported purchased yesterday at $4,000,
This represents an advance of $1,000
in the price of memberships since the
last sale previously reported.
New Bond Firm.-Charles c. Hood,
for three years with A. B. Leach & Co..
and Frederick D. Bolles, formerly with
Folsom E. Adams, have formed new
firm under the name of Hood G. Bolles
TO deal in investment bonds. Ferdinand
F. Jelke, of Chicago, is a special part
ner.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
Pacific Coast Terminals Case Brief
Corporation Returns.

California Railway.-The California Rail-
vay d Power Company. the holding COM
pany for the United Railroads OF San Fran
cisco, the Sierra and San Francisco Power
Company, the Coast Valleys Gas and Electric
Company and the San Francisco Electric
Railways. In its annual report for the year
ended June 30. 1915. shows total it come de-
rived IN the form Of interest on notes receiv-
able. ctr. interest on bank balan ,cs and COM
mission Of Se0S.32S. ms compared with SAL
eos In the year preceding. Net inc ,sne after
expenses and charge totalled sl66.aS0. as
against s127.is7 in 1915. The PROFIT and loss
surplus "a Of June 30. 1916. after dividends
on the prior preference stock, was sii.0li. a
decrease OF s2a.6la.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
Finance Economics
Monday, October 2, 1916.

That a Stock Exchange session
should seem dull and uninterestlng
in which transactions exceed one
million shares is a fact to indicate
the ease with which the Wall Street
mind accommodates itself to new
dimensions. At midsummer the inn
agination was apparently incapable
of containing the facts. 1t was I'M
der a spell of inertia. Then sud
denly it began TO be stimulated, and
was seized with a feeling of panic
lest it should never be able to catch
up with the facts. 1t has now
momentum of its own, such as might
cause it to overrun realities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

In its power of suggestion NOV
ing stock market has endless re-
sources of self-advertisement. II
stock rises in a dramatic manner
there is at once a demand for ex-
plantations. The character OF the
event to be accounted for deter
mines the nature of the quest for
information. A rise in prices can
not be accounted for by adverse
facts and discoveries. The question
is, "Why do prices rise?" The an
swer is, "They rise for these rea-
sons, namely and the reasons are
publish" So, a rising market Is
accompanied by news comment, con-
lecture and assertion, tending both
to account for the fact that people
are buying stocks and to excite the
impulse of imitation. Exactly the
converse of this is true when prices
fall. What everybody then wants
to know is why everybody else is
selling. Hence the bewildering in
stability of Wall Streets interpre-
tation of current events. A dull
market produces a third phenome-
non. There is nothing to explain.
Prices neither rise nor fall, and
there is a great slump in news. 1t
is commonly written that in the alb
sence of news the market was dull
when it might be correct to say that
in the absence Of stock market ac-
tivity news was duh.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
GREAT WESTERN
HAS RECORD YEAR
Gross and Net Earnings Largest
in Roads History.

"This gear shows the largest gross
and net earnings in the history OF the
company" This statement by Samuel
VI. Felton,, president of the Chicago
Great Western, in the company's re-
port for the fiscal year ended June 80
last, repeats the story told in state
ments recently issued by other West
ern lines, who enjoyed an unexampIcd
year of prosperity. The results of the
Great Westerns record year compare
with 1915 as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
COTTON PRICES
HIGHEST SINCE
THE YEAR 1872
Heavy Loss in Production
Observation-Disclosures Up
$3.50 a Bale.

Washington, Oct. Storms and in
sects have wrought havoc with the
cotton crop this year and caused a loss
of almost 100000 bales throughout
the growing season. The crop will be
approximately 1l,637,0O0 equivalent
5OO-pound bales, according to the De-
partment of Agriculture's estimate,
based on the condition of the crop on
September Is, which was 56.3 per cent
of a normal crop, compared with 6l.2
rer cent last month. COS last year and
go the ten-year average condition on
September %.
The condition on September 20 was
56.3 per cent OF a normal crop. which is
the lowest condition on record for that
time of the year. Cotton this year was
planted on the fourth largest acreage
ever recorded $4,000 acres. In
1911, when 36,045,O00 acres were plant
ed, the crop was 15,693,000 bales; In
1918. when there were 37,0S9,000 acres,
the crop was 14,156,O00 bales, and in
1914, when the acreage was 36,s3Z,ooo'
the crop mounted to l6,l35,OoO bales
Indications are that this years crop
will Weld only 1863 pounds an acre.
compared with 207.7 pounds in l9li'
1879 pounds in 1913 and 209.2 pounds in
1914.
Farmers are receiving for their cot
ton at this time higher prices than
have been paid since 1872. In that
wear the average paid for cotton was
16.5 cents, in 1871 prices paid averaged
17.9 cents and in 1869 l6.5 cents.
Ginning of the cotton crop is break
ing all records. Announcement to-day
bv the Census Bureau that 4,O62'9sl
bales had been ginned from this years
crop prior to September % disclosed
that all former totals for ginning 10
that date had been exceeded, even that
of 1914, when the country's largest
cotton crop was grown and 3,393,7oZ
bales we're ginned to September 20
Heretofore the largest quantity ginned
prior to September % was in 1911,
when it was 3,676,594 bales.
Monday. October 2, 1915, Will 60
down in history as one of the greatest
davs in the annals of the cotton trade
Three new records were established.
At 10 o'clock the governments very
unfavorable report on the amount OF
cotton ginned up to September 20 was
published. A wild rush to buy foi-
lowed. Before the trade had had time
10 recover from this report the gov
ernment's report on the condition OF
the crop was issued at II O'Clock. IL
gave the lowest condition figure ever
known. Either of these remarkable
documents doubtless would have been
sufficient by itself 70 have caused a
striking upturn, but the combination
was something that no one was pre-
nared for. As a consequence prices for
tho active contracts were forced up
with amazing rapidity. The third rec
ord was made when the leading deliv-
cries gained ninety points or more
equivalent to $3.50 per bale in the first
hour and half. Such an astounding
upturn had never before been wit
messed in the same space of time.
The elimination of this radical ad-
vance carried December contracts TO
1890. January TO 17.o3c, March to
,7.22c. May TO 17.4Oc and July to l1.4oc'
which are the highest figures recorded
for this time of tho year in many
vpars
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

"The Wall Street Journal" in its
best maternal mood, calls upon peo-
pie TO consider how often before
they have been led by the glitter
of rising quotations to exchange
money for experience, and exhorts
them to hearken to their brokers,
who nearly always know best:
On him rests a tremendous respon-
.ibility in times like these. He knows
his client. or he should. He should
not only be in position 10 advise as
regards the value of securities. but
he should exert a controlling infiu-
ence in the case Of client If IL is his
opinion that the client is going be-
yond mis- depth or has no business at
all in the stock market. Wall Street
operations are followed the country
over, and any spectacular movement
attracts persons whose interest in
such matters is often not suspected.
Wall Street does not call them: they
come of their own volition. But II
ANYTHING goes wrong they are the
first 10 blame Wall Street, and the
Stock Exchange is mace 10 suHei
from an odium it in no way was re-
sponsible for.
To this a broker replies as follows
With all that this article says con-
corning the responsibilities Of stock
broker | heartily agree. Permit me TO
suggest that the task of exercising
proper control over the speculative
propensties of his customers would
be rendered much easier for the brok-
or if financial publications in times
like the present would avoid such
methods OF news presentation as are
likely to infame unduly the cupid
ity Of the reader This is the worst
consequence of methods Of this class.
Another consequence, however: IS the
diminution of confidence on the part
of the experienced reader in the truth
of the statements they presented.
THOMAS +. WOODLOCk.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
s52,0oo,ioo

These figures do not comprise the
total Of subscriptions, which was
nearly S2O0,OO0,OO0. The ratios later
may be altered. Nevertheless, it is
a striking fact that in the above ex-
hibit the subscriptions Of banks and
corporations arc more than 90 per
cent Of the total. Individual sub
scriptions we're only "A little more
than per cent. What is true Of
foreign loans in this country is true
Of var loans in Canada. The money
IL not exported. The credit is cx-
ported in the form Of goods. Large
~, the means Of subscribing 10 for
cign loans are derived from the
profits Of the war trade. IL would
be very interesting 10 know what
proportion Of the foreign loans
pIaceda in this country has been
taken by banks and corporations and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
investment institutions, and what
proportion by individual investors.
Money and Credit

Money on call at the New York Stock
Exchange ruled unchanged at Pa per
cent.
Activity in the time money market
is confined for the most part to re-
newals. Nincty-day mixed loans. now
extending over the year-end, are quoted
ga per cent
Ruling rates on money yesterday
compared with year ago were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
New York

City of Paris Loan.-In announcing
yesterday that they were offering pub
licly the s50,000,00O City OF Paris five
wear golo bonds to yield $50 per cent,
Kuhn, Loeb e. Co. stated that the sub
scription books will be closed not later
than p. m. October 4.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
Decrease.

Decrease.
Mr.. FELTON, said that last years
operating revenue was earned, not
wi,hstanding a decrease in the average
revenue per ton mile from mills in
1915 10 ga mills in 1916. On the
other hand. the average revenue per
passenger mile in 1915 was 2.0ll cents,
ss compared with 1880 cents the year
before. Taken together. he said, these
changes in the average revenues cf-
fccted n decrease Of si47,105 in the
total revenue from transportation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

The above rates express the cost of
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for si.75iI; the intrinsic pnr-
ity is 1885, per pound. Thus, you
say either that pounds are Of "A dis
count or that dollars are at premium.
which is owing 10 the fact that IN
England the demand for dollars with
y hich 10 settle accounts in this coun-
tfy 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, 1916-10-03
Other Cities

Boston Coppers.-Boston, Oct. "A
market OF erratic tendency caused more
losses than gains in copper share prices
to-day. Recessions extended to stocks
favored in recent boom trading. The
close was irregular. Copper Range,
70aa; Allouez, 69is; Granny, 92l2; Old
Dominion, 20.
Heavy Iron Ore Shipments.-D Duluth.
Mimi. Oct. 1.-The shipments of iron
ore from the docks at the American
head of the lakes for the season ended
September 80. 1915, show an increase OF
?.535.7l0 tons over last season. accord
ing to reports OF the several shipping
companies to-day.
SHIPMENTS for the season 10 October
were 33,89S,420 tons, against 24,362,-
10 in 1915.
New Insurance Company for C'eve-
land. Columbus, Ohio, Oct. 2.-Arti-
cles OF incorporation for the American
Mutual Life Insurance Company, with
headquarters in Cleveland, were APP
proved by Attorney General Turner
to-day and will be filed with the Secre-
tary OF State soon. &. W. Van Fleet,
Of Cleveland. is president OF the new
company, Nnicn 10 20 nave totd' I"
pacity stock of Sl.000.0OO.
Pacific Coast Terminals Case Brief
Filed Washington. Oct. 1.-THE De-
partment of Justice to-day fled brief
in the Supreme Court in the so-called
Pacific Coast Terminals case, involving
construction Of the long and short haul
clause of the interstate commerce law
and freight rates from many points
all over the country to the Pacific
Coast.
The government seeks TO cnjoin en-
forcement Of Interstate Commerce
Commission orders denying 70 Sacra-
mento. San Jose, Santa Clara, Stock
ton and other inland California cities
rates given San Francisco and other
Coast ports.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

As to s107, 065, 900 of subscriptions
TO the Canadian war loan detailed
figures have been reported TO "The
Monetary Times" 1t groups them
according to their character and ori-
gin as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03
The Dollar in Foreign Exchange.

Aside from fractional easing in the
rate on Paris changes in the foreign
remittance market were small and
without significance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

Cigarette sales by American manu-
fseturers for the eight months 10 hu-
gust amounted 10 i3,As5,o00, 900,
against 9,eS; 900 900 year ago. This
81 an iperssse Of over 10 per cent, and
indicstts shout 00,G00,00o for 1916.
Tobacco.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

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, 1916-10-03

A Prediction on Money.-The Ma
tional City Bank, in discussing the
money market situation, says in It's
October circular: "Fhe continued and
unprecedented movement of gold into
this country has put an end to any
hopes that bankers may have enter
tanned OF higher rates for money dur
ing the fall season. Since the early
part of May the receipts Of gold at
the New York Assay Office and Phila-
delphia Mint from foreign sources has
amounted to over $3O0,000,OO0, and
the customs returns show that the
net importation OF gold into the coun-
try for the first eight months Of the
year were 100000. A considera-
BILE portion Of this gold has gone TO
the country through the Federal Re-
serve system, and it is not anticipated
that further requirements this fall
will be sufficient to noticeably disturb
the New York situation. The tone dur
ing the last week has been slightly
easier"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

Commercial Paper. - Conditions in
the commercial paper market indicate
no material change from last week.
There is fair amount of paper NOV
ing at 3h@3% per cent for the best
regular maturities, but offerings are
still comparatively scarce.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

Sub Treasury. New York banks
gained from Sub-Treasury 81 ,436,O00.
Silver.-Bars in London, 327s pence
here in New York, 69is cents; Mexican
dollars, 53%s a 562s cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

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, 1916-10-03

Boston Bank Statement.-Changes in
the leading items of the weekly state
ment of the Boston banks included an
increase of ss,27O,OOO in individual
deposits,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-03

as day paper.
The Bridgeport evening farmer., 1916-11-15
DRAMA IS BETTER INDEX TO PEOPLE
 THAN IS HISTORY
Louis K. Anspacher il Speaker at Meeting of
 Drama League.

."rhe Drama as Social Force,'' was the subject last evening of an un- usually interesting lecture by pr. Louis K. Anspacher, author of "The Unchastened Woman and other suc- cessful dramas, before a large audi ence of members of the Bridgeport Centre, Drama League of America. at the residence of MT. and Mrs. Na- thaniel W. Bishop, 301 Park place. Dr. Anspacher is a speakeS of great force. He adds to a splendid and broad vo- cabulary much dramatic emphasis.
 Drama according to Dr. An spacher, "acts upon the will of people, that's why it is such a social force. It is of all arts the only one in which the audience coIlaborates. No play is a great play which does not make an audience create. The actor is only the viaduct of the drama, the members of the audience are the real stars.
 If you want to know the souls of people, study their drama, not their history You can learn more about the feelings of the Greeks and Eurip-
The Bridgeport evening farmer., 1916-11-15
FETE DAY OF
 KING ALBERT

Belgians in England, France and Holland will celebrate to-day the fete day of their monarch. King Albert, and, if past observances of the day are a criterion, there will be a great out pouring of the affection which the stricken people have for their ruler. Both Paris and London will be dress ed in black, yellow and red, the na- tional colors of Belgium, in honor of the king. In Paris the interest cen- ters in the Belgian Church in the Champs d'Elysees, where there is a bust of King Albert At the services held in the Eolgian church on Albert's fete day in 1914, and again last year, the edifice was too small to contain more than small fraction of the peo- pie who congregated in the vicinity. So great was the press of people that they filled the Rue de Charonne, where the church is situated, and overflow ed into the Boulevard Voltaire. The Belgian church is in a quarter of Paris chiefly inhabited by Belgian woodcar- vers employed in the furniture indus tries of the Faubourg Saint Antoine. The most touching and pathetic spec tacle presented at past celebrations was the great gathering of Belgian ref ugees assembled for the special feast provided for them. The thousands of Belgian refugees in England are also remembered, and special services will be held for them in Westminster Ca thedra1.
The Bridgeport evening farmer., 1916-11-15
Russians Are Planning
 Reprisals For Germany

London, Nov. 15-A communication from the Russian war office, as for warded by Reuters Petrograd corre- spondent states that measures of re- prisal are to be enforced against cap tured German officers. The eommuni- cation says that the German govern ment transferred a large number of Russian officers to a special concen- tration camp and subjected them to particularly severe treatment, owing to alleged ill treatment of German prisoners in Russia. The Russian gov ernment drew Germany's attention to what it characterized as the injustice of this measure, adding that if by Nov. IA this severe treatment was not done away with all German prisoners held in Russia would be subjected to a similar regime
 No reply having been received, the Russian war minister has ordered that all German prisoners of war who have been treated as officers have been placed in camps. They will be de- prtved of all postal communication with their country and of the services of their orderlies and allowed only the regulation rations of common soldiers
The Bridgeport evening farmer., 1916-11-15
END INDIGESTION OR STOMACH PAIN
 IN FIVE MINUTES
"Pape's Diapepsin' makes sick sour, gassy stOmachs
 feel fine.

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 Pape's Diapepsin is noted for it's speed in regulating upset stomachs. It is the surest, quickest and most cer- tain indigestion remedy in the whole world. and besides it is harmless.
 Millions of men and women now eat their favorite foods without fear they know Tapes Diapepsin will save them from any stomach misery.
 Please, for your sake. get a large ifty-cent case of Pape's Diapepsin from any drug store and put your stomach right. Don't keep on being miserable-life is too short-you are not here long. so make your stay Rgreeble. Eat what you like and di- gebt it; enjoy it, without dread of re- bellion in the stomach.
 Pape's Diapepsin Belongs in your home anyway. Should one of the fam fly eat something which, don't agree with them, or in case of an attack of Indigestion, dyspepsia, .gastritis of stomach derangement at daytime or during the night, 1t is handy to give Inc quickest, sursst relief known.