davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
AMERICAN BANK NOTE COMPANi

A dividend OF soc. per share Qgs) on ~.
Common Stock has been declared pG.,,Si
November 18th. 1916, 20 holders OF 'e ss1s
at the close Of business November Isl ~"
Stock transfer books will not be elosl
GEO. II. DANFORTH. Seere's''
New York, October goth. 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

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, 1916-10-21
Meuls Digest
Foreign

London Market.-London, Oct. =. ~,
Money was scarce and discount ''
were firm to-day. ,,,,.
The stock market maintained yes W..
days improvement, espeeiany FAX
edged securities, but business was The r..
in view of the holiday tomorrow.
war loan advanced further, JsPs ..,,r
bonds and Brazilian issues were 49,.
and oil stocks were in good u -.
under the lead of Rumanians. ssoe.
can securities were quietly hrm' e'f'
cially United States Steel.
Paris Bourse. Oct. ZO' ,.dsy
ing was quiet on the Bourse 80. 50
Three per cent rentes, OIL ram Lon.
confines for cash; exchange '" pt,
don, q francs STA eentimes'
cent loan, 80 francs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
Money and Credit

Money on call at the New York
Stock Exchange ruled unchanged at 8
per cent
The tendency Of time funds on
brokers' Stock Exchange collateral is
toward greater case. The supply of
funds offering has been increased.
Rates on mixed loans are unchanged.
Ruling rates on money yesterday
compared with a year ago were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
GREAT BRITAIN
ABOUT TO CLOSE
NEW WAR LOAN
Negotiations with Ameri-
can Bankers fastened
New French Credit

Greater war credits in this country
are made necessary by the increasing
demand for war goods and the higher
prices charged for them. In the House
of Commons Thursday Mr.. McKenna,
the British Chancellor Of the Ex-
cheouer. announced that Great Britain
and her allies are spending in tho
United States s1O,0OO,oOo each work
ing day, which is at the rate OF moro
than $4,000, 900 900 a year.
A new British loan, larger than the
las. one. now is imminent. 1t may be
announced as early as next week.
That negotiations were in progress was
already known, but it was supposed
until yesterday that the matter would
take a good deal Of time and might
not come to the point Of an offering
until toward the end Of the year.
The amount Of the loan has not
been determined. The most trust
worthy guess is that 1t will be more
than $3.50, 100000 and less than $780,
100000.
The maturity, It is said, will De
longer than that Of the last S2oo'ooo'-
ooo loan. which was for two years.
New siOO,OOo,ooo French Credit
The foregoing information concern
inc a new British loan followed yes
terday the announcement by the Guar
anty Trust Company, the Bankers
Trust Company and William P. Bon
bright & Co. that they had arranged
q 500. 900 900 French commercial credit
This loan. which will permit between
twenty-five and fifty industrial con-
Germs in France to purchase goods In
this country, is the largest transaction
of its kind ever undertaken by Amer
can bankers.
The terms are as follows:
The credit will be availed OF by
drafts in dollars drawn by each French
industrial concern on every participat-
ing American banking institution rat
ably to their respective participations
in this credit.
The drafts will be the direct and
several but not joint obligations of the
French concerns, payable at final ma
turity in United States gold dollars IN
New York.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
THE PULLMAN COMPANY

DIVIDEND No. " ~,
A quarterly dividend o. two dollars
viii be paid Nov 18th. 1915. 20 siocs1''''
record at close Of business oct. 3lst. lslo
A s. wETNsHEIMER. seers'''
Chicago Oct. 10th. 1915
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Cuba Cane Sugar.-The common
stock of this company rose 32s points
yesterday on transactions of $4,000
shares, making it, next to Steel, the
most active Of the industrial group.
This is a comparative newcomer TO
the trading list, having been listed IN
June last The company was organized
in December, 1915, and has paid no
dividends on its 100000 shares OF
common, of no par value. The 7 PER
cent cumulative preferred, with par
value of 800, of which s50,OOO,OOO is
outstanding, is receiving its full div
idends. According to the terms OF
organization no dividends can be PAID
on the common stock which would re-
duce the accumulated surplus below an
amount equal to dividends in full for
two years on the outstanding pre-
ferred. Income of the corporation is
derived from sixteen sugar mills, hav-
ing a working capacity Of 100000
bags of sugar, the production from
approximately 100000 acres Of cane
sugar lands in Cuba. The company
issued a report for the five months
ended April 80, which showed net
profits of sl3,S66,s1s and profit and
loss surplus, after preferred dividends,
of 81, 2S9,3O7.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
A year

Commercial Paper.-Commercia dis
counts remain practically unchanged.
Prime regular maturities are quoted
3k03A per cent. but the volume Of
turnover is small, owing to the limit
ed offerings.
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, 1916-10-21

American Smelling and Refining
These shares were among the strong
est yesterday, with a net gain at the
close Of rs points. Regardless Of the
comrany's failure to operate its Mex
lean properties at a profit, net earn
ings for the six months ended June so
last were at an annual rate of 44.5S
per cent on the preferred snd 1922
per cent on the common, against ESQ
per cent and 1880 per cent, respcc-
lively, in 1915. Surplus after dividends
for the six months aggregated 1884,
959, against S1,O15,OS2 in the CORE
spending period of last year. The pre-
ferred is per cent cumulative, ard
the current regular rate on the COM
mon is per cent, but on the two last
declarations an extra Of " of l per
cent has been added. The company
has recently opened smelling plant
at Perth Amboy for the reduction OF
tin ores. the first Of the kind in this
country. The ore is coming from the
mines of Bolivia, and the output OF
the smelter was estimated early IN
August at about 800 tons month
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
Loans Near $4,000, 100000 Mark

Under the present regulations OF the
Federal Reserve Board the drafts &C
copied by the American banking group
are eligible for purchase by the Fed
eral Reserve banks. Any banking in
stitution participating in the credit
may dispose of its acceptances in the
open market. At the present time a
substantial profit could be obtained by
this operation.
The French governments last big
borrowing operation in this country
was the slOO,OOO,OOO obtained through
the medium of the American Foreign
Securities Corporation. With the COM
msrcial credit just completed and hgur-
ing the Forthcoming British Offering at
5000, $1,000. the total foreign borrow
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21
Three Months Sight Drafts

The drafts will be drawn at three
months sight, with five renewals of
three months each, making the life OF
the credit, including renewals, eighteen
months.
The drafts will be accepted by the
participating American banking insu-
tutions in the amounts Of their sew
eral participations and purchased oy
them at par in New York funds, and
thew will be compensated for each
three months period at the rate oil
5h per cent per annum bank discount,
payable upon the first acceptance ana
upon each renewal acceptance. Inc
American participants will also receive
unon the first acceptance and upon
each renewal acceptance an accept
ance fee of !. of / per cent, making
the investment return, including &C
ceptance fees, at rate IN excess OIL
GU per cent per annum.
In addition to their own response
bility for the liquidation of the credit
at it's maturity, the French concerns
will pledge and deposit as further Sc
curity: (a) In New York, with the
Guaranty Trust Company and the
Rankers' Trust Company, French gov
ernment notes to the full amount OF
the credit, which notes will be payable
in United States gold dollars in New
York. and will mature about fifteen
davs after the final maturity OF the
credit; OBJ in Paris, with the BANK Oh
France, approved bonds issued by or IN
neutral countries. The market value OF
these securities and approved substitu-
ticne based on the then existing rate
NJ exchange, is always to be main
tanned -. an amount equal in dollars to
at least 20 per cent of the total amount
OF the credit.
In lieu of payment in gold dollars in
New York the syndicate managers may
also require final payment of the credit
IN francs on the bass OF $40 francs
pei dollar. The par of exchange for
the dollar is 5.1Sh. If this method of
payment is accepted the bankers may
charge a commission OF !. of 1 per
cent, to be deducted from the profits on
exchange, for handling the exchange
operation.
Loans Near $4,000, ZOO, 900 Mark
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Gold Movements.-Another S5,000,000
of British gold arrived at the Assay
Office yesterday for the account Of
J. p. Morgan & Co. Including the Sl0,-
900, 900 that reached Philadelphia on
Thursday, this brings the total inflow
for the week up to s25, 100000.
Against this there has been an out
ward movement Of si,lO0,O0o in gold
coin. Early in the week 100000 was
withdrawn at the Sub-Treasury for
shipment 10 Canada, and yesterday an
additional 100000 WAS taken. The gold
is going forward for the account Of
Canadian banks on a'special operation,
as exchange rates between here and
Montreal are not favorable TO the flow
Of funds in that direction. In fact,
Montreal funds can be purchased in
New York at rate considerably under
the cost Of shipping the actual gold
The understanding Is that the banks are
taking the gold from this market for
the purpose Of adjusting their banking
reserves in anticipation OF the next
Canadian bank statement. There Is
usually more or less window dressing"
on the part of the Canadian institu-
tons before the statements OF condi-
ton are issued.
Weeks Money Currents.-The report
ed movements Of currency this week in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Goods are bought. They are not
sold. That is the present basis Of
iysAs in thf world II 10 true Of in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Sub Treasury. 49, New York banks
gained from the Sub-Treasury S4,-
$4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Silver.-Bars in London, 322s pence;
here in New York, 677s cents; Mexican
dollars, 52%@55%.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-21

Weeks Money Currents.-The report
ed movements Of currency this week in
dieateAs gain in cash by the banks Of
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
AMERICAN CIVIC
SOCIETY MEETS
Convention ASSEMBLIES in Washington
T0day-ManF Matters of I'M
p0rtance Up.

Washington, Dec. I9-I'he twelfth
annual convention of the American
Civic Association opened here today
The first session was taken up by re-
ports of five organizations.
The report Of the General Fedora
ton of Womcn's Clubs generally with
the problem of conservation of nat
ural resources.
The report Of the National Muni-
cipal League, which seeks to advance
the latest ideas in municipal admin
istration methods, declared obsolete
forms Of city government were rap
idly passing, in favor Of more rep
resentative system Of government by
the people.
The Ontario Horticultural Associa-
ton in the development and beauti-
flying Of Canadian Municipalities filed
statement of its work during the
year. The American Society Of Land
scape Architects, an organization in
terested in the scientific and artistic
development and improvement Of cit
! les, made statement of its work and
the American Institute Of Architects,
| through Charles Fl Whitaker, editor
Of its official publication, outlined its
general efforts toward civic improve
ment,
The afternoon session with Miss
| Margaret Wilson in the chair was de-
voted, chiefly, to a discussion of the
movement to obtain the use of city
schools for community gatherings.
DR.. Henry E. Jackson, of the United
States Bureau of Education, outlined
the power, scope and progress Of the
movement seeking a wider use for the
school house, through its community
possibilities.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
$4,000 FIRE At
MLNTER CITY
The Cotton Gianery Plant, Big Lot of
Seed, Several Bales Lint and
Seed Cotton Burned.

The extensive cotton ginnery plant
of Mr.. G. L. Towneg, near Minter City,
this county, was destroyed by fire last
night at about 10 O'Clock.
There were several bales Of lint cot
ton, quite a lot of seed cotton and a
large quantity Of cotton seed burned
in the confagration-the loss aggre-
eating fully $4,000 on which there
was Insurance amounting to $l7500,
carried in Companies represented in
this city by The Delta Insurance &
Realty Agency, Inc.
We have not been able to learn the
origin Of the fire,
Mr.. Shelby s. Steele, of the Delta
Insurance & Realty Agency, Inc, left
in his car this morning for Minter
City to personally look after adjust
ing the loss sustained.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
DECEMBER i8 IN HISTORY.

1542-An act passed permitting
those deemed the better sort to read
the Bible in England.
17O2-The motto, "Semper Eadem,"
first attached to the arms of Eng
land
1775-Congress first determined to
build navy to consist Of five frigates
Of thirty-two guns, five of twenty
eight and three Of twenty-four guns
l8l6-First savings bank in the
United States opened at Boston.
1862-Battle Of Fredericksburg;
Confederatas defeat the Union Army.
l898-Empress Dowager of China
received ladies Of legations at Pekin;
first time in history Of China.
1ggQ-Gen. French, now fighting
the Germans, defeated the Beers at
Caalkop,
1go5-Eneagement of Alice Roose-
welt and Nicholas Longworth an
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
WILL FORWARD
GERMAN NOTE
After studying Il Wilson To Decide
Whether to Make Comment or
Not-Arriyes Today.

Washington, Dec 13-Germany's
note proposing peace negotiations to
The enemy powers is expected to reach
lere today in official textual form
rom Berlin, for transmission to each
# the Entente bellgerents to whom
t is addressed
After studying it President Wilson
will decide whether it should be for
warded without comment or accom-
panied by some expression by the
United States government.
Among the Entente diplomats no
attempt was made to disguise appre-
tension that President Wilson in
transmitting the German proposal
might maks a move toward medita-
ton.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
EXIT OF EGG FAMILY.


New York, Dec. 13-(By Union AS
sOciated Press egg family has
come under the unlucky infunce OF
me number which this day occupies
IN the calendar. Mr.. and Mrs. fhp
Egg, their cousins, the FIXES and all
me other relatives, including MISS
Egg Nog, Miss Egg Shake, Miss Egg
fhp, Mr., Sherry and Egg, Mrs. Cold
en Egg, Miss Silver Egg, Miss New
orlesns Fizz, Miss Sherry Flipp, MISS
Sherry Flipp, Miss Milk Punch, MISS
saisesse, Miss Boiled Egg and that
% rogue Mr., Scrambled Egg, have all
oeeh ordered from the hotels and res
aurants, lobster palaces and cares
" the Hotel Mems Association. In
me cafes similar action has been tax
n, also at the soda fountains, Inc
Agg family viii not be allowed to re-
Ian to the Great White Way until
.aey have reduced their extravagan'
aeas IN connection with the cost q
ayIag,
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
(By Associated press)

London, Dec. 13-The altitude Of the
British government toward the peace
offer from the Central Powers will
be made known in the House Of Com
mons tomorrow provided sufficient
time has elapsed for consultation with
her allies.
II the press which supports the adj
mlnistration correctly interpreta the
official opinion little time will be TAX
en- up by consideration Of the move
of Germany and her allies.
Indications are that the various
governments Of the Entente do not in
tend to act hastily in making a JOINT
response to the peace proposals Of the
Central Powers. The consultation Of
the Allies will probably require two
or three weeks.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
(By Associated Pressl

parlip No. - nar-,.,.- and ber
-,
"''''' 'o''' P''i''a'' u '"'1' ''' '"'
with INTO peace negotiations.
The propositions being made, accord
ing to Chancellor Won Rethmaun.
Hollweg, are appropriate for the us-
tabishmant Of permanent reaee The
Austrian, Turkish and BuIrar.an goy-
ernments are making similar propo-
sails, The proposals were also trans
mitted to the Vatican.
The following announcement was
given out today hy the scmi-oficial
Overseas News Agency:
"Chancellor Won Bclhmann- Hollweg
this morning received one after an
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
COTTON SHIPMENTS
! ARE HANDICAPPED
Business League Protests Against
Embargo on Cotton Shipments
10 New England Points.

The business League today sent the
following telegram to Mr.. jos. H..
Hattendorf, G. F. Agt. l. c. R. R., in
Memphis, and Mr.. ]. L. Cox, G. F. Agt
80, Ry at Columbus, Miss, relative
to the embargo on cotton shipments
from Greenwood to New England
points:
THE business of Greenwood is
greatly hampered by the embargoes
placed by the railroads on shipments
Of cotton to New England points, par
tleularly points reached by New Rav-
\ IN road
We are reliably informed that the
Embargo is lifted temporarily for a
few days in Memphis for relief of
shippers, Why can't this be done here
also, Some relief is urgently requir-
ed Act quickly. Answer"
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
DESPITE PEACE TALK GREAT
BATTLES CONTINUE IN EUROPE
Rumanian Resistance Has Been Overcome in
Eastern Wallachia and are Again Reported
in Full Retreat to Northeast.
(By Associated Press

Fighting continues on the battle
elds Of Europe but interest in the
ouerztions is overshadowed by the
Oeace proposals of Germany and her
allies
IN Eastern Wallacha, Rpmania, Ber-
in announces the Rumanian resist
,nces has been overcome along the
ralomatza River where a stand was
made, and are again in full retreat
b the northeast. More than 1000
prisoners were taken by Won Macken-
sens army yesterday.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
PLAN TO COLLECT
ALL ROAD TAXES
Sheriff Carrot Completes Delinquent
List--5,6 500 Names on It---Am0unt
Totals S16,800.

Sheriff T. c. CARROT and his corps
of deputies have just completed one
Of the worst jobs Of that office, COM
piling the delinquent road tax list,
The Job was finished late last night.
The law requires that this list be com
piled as soon after the first of De-
cember as possible and that action
must be taken before the fifteenth,
Practically every name on the list is
that Of negro.
The list contains 5000 names. The
yearly road tax amounts to $500. If
the action taken against the delin-
quents by the Sheriff results in the
collection Of the entire amount it will
reach the neat sum Of $16,800, or
enough to build three miles Of first
class road in the county,
Sheriff Carrot declares his inten-
tion of taking immediate action
against every man on the list, both
white and black. Failure to come up
with the tax before the final date set
by law will result in the delinquenta
serving time on the roads, or the
cuonty farm.
1t would be well for the property
owners of the county to see to it that
tenants on their places pay their tax
otherwise the Sheriff may get them
Lust at the time when they are most
necessary on the farm. A glance al
the total amount to be collected will
give the land owners and business
man some idea of the Importance Of
collecting this tax.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
DETAILS NOT DISCLOSED.
(By Associated Press

Berlin, Dec. 10 - Although Won
Bethmanr Hollweg did not discioss
definitely the proposals on which Ger.
many and her allies are prepared To
make peace in his speech before the
Reichstag, such proposals are ready
and will be communicated 10 the En-
tento powers If the Chsncellor'c offer
falls on re 2onsiye ears.
Some opponents Of the Chancellor
opposed any move in the direction Of
peace except on the basis II woe 70
the conquered
The declaration Of the Chancellor
was not marked by single express
8ion Of dissent while significant pas
sages were greeted with hearty brayos
and cheers.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
BIG STRIKE IN
new YORK CITY
Clothing Workers Walk Out in Fight
for Eight Hour Day-More Than
$4,000 Strike.
(By Associated Press)

New York, Dec. 13--A labor move
ment for an eight hour day was inaug-
urated by the clothing workers OF
New York today with strike OF
more than 10000 cutters, coat work
erg, dress makers and pants makers
The walkout is expected to eaead To
Newark and possibly 70 gnsladsYhla
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
TEUTONIC ALLIES PROPOSE
EARLY PEACE NEGOTIATIONS
Announcement Made at Berlin This Morning
Note Sent Hostile Countries Through Neu--
tral Diplomatic Representatives.
HolIweg Declares Propositions Appropriate for
Establishment of Lasting Peace.

cato that peace terms, in 4 general
measure, propose the restoration
status-Quo before the war with the eX-
ception Of the Establishment Of M
dependent kingdoms Of Poland and
Lthuanin. They are understood %
propose the complete restoration Of
the occupied portions Of Belgium and
France in return for Germany's cap
turcd colonies and to dispose Of the
Balkan situation, because Of its eK-
tremelY complicated nature, in peace
conference.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
WILSON REMAINS QUIET.

Washington, Dee. l2--News that
Germany and her allies were abeut
TO enter peace negotiations were i'm
mediately sent to President Wilson
upon receipt here Speaking for the
President Secretary Tumulty said that
he is deeply Interested but win not
comment until he has learned the re-
ccbtion the proposal receives from the
Entente Allies.
The State Department received the
first news from the Associated Press.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
CONTENDS SHIP
NOT AMERICAN
German Reply TO Inquiry as to Sink
ing of Lanano Received by State
Department.
(BY Associated Pressl

Washington, Dec l3--Germanys
reply to the American inquiry con-
corning the sinking of the American
steamer Lanano on Oct. % was receiv-
ed today by the State Department.
The reply contends that the ship
carried contraband and was not an
American ship.
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
TopAY's BIRTHDAY HoNoRs.

Hamilton Wright Mabie, famous
oditor and essayist, is seventy years
old today.
President A, Lawrence Lowell OF
Harvard University, is sixty years
Ia todav and will be the recipient
- MANY kilograms and letters Of con-
gratulation from Harvard graduates
throughout the country
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
ASK LAWYERS TO DRAFT "DRY
LAWS"

Lansing, Mich, Dec t3-(By Asso-
ciated Press s)--The Michigan ANTI
Saloon League met here today in con
ference With the lead.ng attorneys Of
the state, to draft the biBs necessary
to put the prohibition amendment into
operation. The conference will last
two dayE
The commonwealth. (Greenwood, Miss.) 1896-1923, 1916-12-13
RED CROSS HOPES TO BREAK
RECORD.

Washington, Dec. 13-(By Union
associated Press)-The annual meet
ing Of the American Red Cross So
clety will open here Thursday The
officers of the organization are max
ing a strong appeal to people through
out the country to buy Red Cross
uhristmas stamps in order that the
iund established to fight the whit9
plague may be largely increased.