davidaulloa/AmericanStories huggingface dataset:
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

That heautifnI phnto pay 'Th~'
Rosary" which prirt. TO y moral
and sdorus t4ls i. ~ b. ellnwr
nj he ReS Tbeasrr nsS Tu' -.
nigh, the 26th. The Rosary y
4 ne of the most ut resting film
stories that has haen ptodneed on
- - III N
lie fr A.. y
III, Rxw.,l eb7w teT'isd
house ~ ,ti,> ethsiDn
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22
Fatal Flashes

fataI Flashes
Thin ice
Scorned advice
Paradise-Luke McLuke.
Told a story
Old and hoary
Crematory
IN. Y Evening Telegram
Fast liver
Sped fivver
Styx river st Louis Star.
Christmas vest
Pointed j-St.
Laid to rssi - BIB }
in Meridian Dispatch.
Joy ride
Auto slide
Great Divide -
Or thisl
Au'o few
Tire blew
Mourners few.
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

Eggs would taste better still if
you could only be assured that be
food spectators were outof pocket
| the full amount Of the fell,
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

Mrs. Harvey of Starkville visit
ed her sister, Mrs. Z. l.. Tolnlin,
son q few days ago. Winston
County journal.
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

Three hundred. thousand acres
I we're planted to peanuts in Texas
this year, owing to the new idea
bf feeding them to swine. The
presencd of the shells in public
places for many years, however,
has shown that feeling them to
hogs is nothing new.
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

= If you are a failure as an iudivi.
tdual, don't blame it on the town
in which you live. There are ap
lportunities in every town for Every
man. You failure may have been
caused by circumstances over which
you had no control or more than
likely it was caused by your own
negligence and incapscity.
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

Think Of that unhappy and
blood soaked country over the
ocean, where there is war, Hatred
and Vengeance instead Of Peace
and Good will; where there is
famine and want instead plenty,
and then be humbly thankful 10
Him whose birth you celebrate to.
day that jou live America.
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

house ~ 'tiis "t','hs'ptl
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

1t NAV be useless to appeal to
the fool sp eculatcrs' conscience,
but perhaps their forethought
might lead them to reflect on what
the people Of the United States
did to the express companies few
years ago, 4
East Mississippi times. (Starkville, Miss.) 19??-1926, 1916-12-22

Rs Tho Times, u. 70 j
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
SHORT-TERM ISSUES TO
HAVE BROADER MARKET
Securities Maturing in Less than
Five Years To Be Listed

The Stock Exchange has taken cog
nizance OF the increased supply Of the
short term obligations Of foreign gov
ernments in this market by drafting an
amendment to the constitution which
will allow them TO be listed. The
amendment will also permit trading In
the bonds and notes of domestic cor
porations having less than five years
to run.
The Anglo-French per cent notes
were already listed on the Stock Ex-
change, but as their period Of maturity
is five years they came within the for
mer rule. The new rule will admit Sc
curities maturing in less than five-year
periods, such as Great Britain's later
two-year notes.
Heretofore notes and short term Sc
curities ineligible for listing on the
Stock Exchange have been bought and
sold over the counters of Wall Street
or on the curb. The purpose of listing
them is 10 create a broader market.
The rate of commission to be charged
will be left to the discretion Of the
broker.
As a first step the Stock Exchange
governing committee yesterday APP
proved the listing of the $25O,OOO,OOO
Great Britain and Ireland two-year o
per cent secured loan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Toxic Exchange Closes
to Prevent Panic in Japan

Toxic, Dec. 13.-The peace proposal
Of Germany and her allies caused such
a violent slump on the Stock Exchange
here that the market has been closed
temporarily by the directors.
This is the third time since the Eu-
ropean war that the Toxic Stock Ex-
change, the largest Of the four leading
Japanese security markets, has been
compelled to suspend operations. AZ
the outbreak of hostilities, when all
the exchanges of the world closed
their doors, tho Toxic market quit
business and did not resume for sew
eral months
BY the time operations were re-
sumed war business had started a
boom In Japanese industry that soon
made itself felt in wild speculation on
the Toxic exchange. Dealings IN
stocks rose from a daily average OF
$4,000 shares before the war TO 2OO'OOV,
shares. Prices advanced by leaps and
bounds, duplicating inc per- .ua"NeS
in the American markets. Finally the
speculative wave reached such height
that on November 80, 1915, the Toxic
Exchange had to close its doors. Lead
ing Japanese financial interests recon-
mended this action as brake on the
movement. Afterward security trading
proceeded in a more moderate manner,
but prices continued to rise to high
levels, and apparently the peace news
Of Tuesday resulted in collapse.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Dividends

Submarine Boat-Regular quarterly divi-
dend Of $3.50. payable January 10 to stock
of record December %.
Electric Boat.-Usval extra dividends Of
IS per cent on both the common and pre-
ferred stocks. payable December %.
American Milling.-Dividend of per cent.
payable January 10 TO stock OF record De-
ceniber 81.
Fdmunds & Jones Corporation.-R Regular
preferred and 81 a share on the common
stock. payable January 20 stock of record
December 20.
Hedley Gold Mining Regular quarterly
dividends OF per cent and an extra dividend
OF per cent payable December 80 10 stock
of record December %.
Wisconsin Edison Regular dividend OF
Sl.75 share and extra dividend Of 70
cents a share payable December 80 10 stock
Of record December 10.
Cleveland. Cincinnati Chicago & st. Louis
Regular quarterly dividend of IA per cent
on the preferred stock. payable January 20
70 stock of record December %.
Michigan Central.-Semi-annua dividend
Of per cent. payable January % TO stock
Of record December 80.
New York Central. - Regular quarterly
dividend Of u per cent. payable February
! TO stock OF record January 2.
United States Gauge.-Regular semi-an-
nual dividend Of 3B per cent on the pre-
ferred and a dividend Of 20 per cent on the
common for the six months ending Deem
Der 81. 1916. 10 stock OF record December 20.
Pieree-Arrow Motor Car.-Initial dividend
on the preferred stock for the period from
December s. the date of issue OF the pre-
ferred stock. 10 and including December 81
At the rate OF per cent per annum. payable
January TO stock of record December 20.
United Shoe Machinery Corporation.--Re Reg
ular quarterly dividends OF so cents on COM
mon and 37i3 cents on preferred stocks. both
payable January 5. 1917. 20 stock Of record
December 10.
airy ! TO stock OF record January 8. and
preferred January TO stock Of record De
eember 20.
Carolina Power n Iirht.-fnittal dividend
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
LONDON TAKES
THE OFFER OF
PEACE CALMLY
British Securities Show
Firm Tendency-Money
Rates Steady

London, Dec. 13.-In financial circles
to-day there was no inclination TO view
Germany's offer to open peace negotla-
tions with any more enthusiasm than
was displayed in the case of previous
suggestions. Prominent bankers re-
fused to express an opinion in view OF
the absence of news regarding the
actual terms Of the offer. IL was
gathered, however, in the course OF
conversations that little was to be e1-
pected as a result of Germany's offer
at present, while the hope was ex-
pressed in other quarters of the money
market that the Entente Allies would
not rush into IAN inconclusive peace"
In Lombard Street rates practically
were unaffected, but in the exchange
market, which perhaps is the most sem
sitive to political movements, the tone
was Just shade uncertain. The only
movement Of note was the decline OF
a point in Petrograd exchange.
So far as the Stock Exchange was
concerned, the offer Of Germany and
her Allies was received with some
ridlcule, it being contended that the
prefer could not seriously be con-
sidered, though the news was discussed
in all sections Of the exchange.
Speculation Is Quiet
The absence of speculation precluded
any excited dealings or movements in
prices such as was experienced in Wall
Street. The tone was fairly Arm, with
consols Il and the war loan q above
the quotations Of yesterday. This was
que to dealers marking up values IN
the event of any buyers appearing
Only a few bargains were recorded
in American shares, and the decline of
points In United States Steel and
from to points in other issues since
yesterday merely represented the usual
marking down TO parity level Inc
market closed dull.
Money was in shorter supply and
discounts were steady.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Norway's Shipping Losses

According to the statistics Of the
Norwegian Department of Commerce,
Norway's mercantile marine decreased
by "a vessels Of 1881 tons during
October. There were 65 vessels Of n,
2s7 tons taken off the register and 81
vessels of 81, 456 tons added 20 the reg
ister. OF the gross decrease, 81 yes
sells of GASP tons were lost through
war causes. Shipping losses sustained
during September and October are esti-
mated at over $4,000, 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Current

foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for s4.751a the intrinsic par
ity is s4S69s per pound. Thus, you
say either that pounds are at dis
count or that dollars are at a pre-
MUM, which is owing 10 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, 1916-12-14
Money and Credit

There was lessening OF the tension
in tho money market yesterday. Money
on call at the New York Stock Ex-
change opened at Al per cent and
closed at 81. Most Of the days loans
we're placed at Al per cent, compared
with per cent Tuesday.
Time money continued dull and firm.
The volume Of business transacted was
comparatively small. Rates on loans
based on mixed collateral showed prac-
tically no change. Industrial collateral
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
u. S. Treasury Finances

Washington. Dec. l3.-The condition
Of the United States Treasury at the
close Of business to-day was: Net bal
ance in general fund, S122,306,377;
total ordinary receipts, s2-2s6, 1929; total
ordinary payments, S4,336,944.
The deficit this fiscal year is SILL
o47, PSI, against a deficit Of $5o,o64,2oS
last year, exclusive Of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Wednesday, December IS, 1916

A peace scare" in Wall Street IS
phenomenon that deserves attention.
Its violence is a measure Of the ex-
tent to which war profits have been
capitalized in Stock Exchange quo
tations. Nowhere in Wall Street
could you find a man consciously
aware of wish for the war to con-
tinue in order that he might increase
his gains. The most impecunious
"put-and-call" runner in New Street
would be indignant at the sugges-
ton. Yet everywhere people are
holding shares in the war business,
or. if you like, in the war itself, and
peace TO them spells loss. They have
not intentionally arrived at that sit
uation. They have merely acted as
it was permissible TO act. War
Profits are bound to be exploited on
stock exchanges. 1t has happened IN
all countries, even in those at war.
In Berlin the government has had TO
take steps to check speculation IN
war profits. In Japan, where the ex-
perience was entirely new, 1t went
SO far that the Toxic Stock Exchange
bad several times to be closed to
check the wild public gambling in
war stocks. Every one expects, OF
course, merely to embrace the tran
sent opportunity, and to get out in
time; but as nobody controlled the
event of war, so likewise nobody will
control the event of peace. Now
comes suddenly the suggestion Of
ending the war. Those who hold
shares in war are taken unawares.
They have not had time to get out.
They wish to believe that the idea Of
ueace for this once is either futile or
premature. They do not wish war to
continue for purposes of personal
gain; they wish only TO be able to get
cut of their war stocks without loss.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

That neutral stock and commodity
markets should be thrown into con-
fusion and panic by the suggestion
of stopping a war that is wrechng
half the world and threatening the
very traditions of international SOL
vency is a striking fact. 1t illus
trates first the adaptability of bust
ness TO any condition that is, and,
second, the disadvantages of its blind
and immediate opportunism. The
profits of war are immediate. The
profits of peace are deferred. Yet
every one knows that the profits of
war are unnatural and cost in the
end a prohibitive price. 1t is the
transition that business fears. Amer
lean business has not provided for
establishments which are inevitable.
The countries at war have made
plans for the transition period. They
know beforehand many things they
will begin TO do as soon as hostilities
cease. This country has been alb
sorbed in admiration Of its war pros
perity. 1t has no economic peace
programme. 1t is unprepared for
the war TO end.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Solving High Living
Cost for Employees

The First National Bank has fol-
lowed the lead of other important
Wall Street financial institutions in
setting aside special sums to aid en-
ployes in meeting the high cost Of liv-
ing. Directors have appropriated an
amount equal to 20 per cent of each
employees yearly salary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Other Cities

Oil Prices Adyanced.-tindlay, ONO
Dec. 13.-The Ohio Oil Company to-day
added cents per barrel on all grades
of oils with the exception OF Plymouth
which was raised 10 cents. The new
prices are: North and South Lima,
$1.53; Indiana, S1.3s; Wooster. Si'fo;
Illinois and Princeton, sl.51; Plym-
outh. S123.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
The Dollar in Foreign Exchange

German marks underwent further
improvement yesterday. Check marks
sold 70 20 cents for four, compared
with a closing of 67% on Tuesday and
a low record of 65A cents. This was
an advance of AZ cents in two days.
Vienna kronen we're slightly easier at
Has cents. There were few other
changes of importance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Relevant
Information

New York Central.-No change was
made in the New York Central diyi-
dends at yesterdays meeting Of the
board, the directors declaring the reg
ulsr quarterly disbursement Of IA per
cent. The stock advanced 2S points
for the day on dealings of 400 shares.
Central shares outstanding amount to
s249, $50, $50 Of an authorized issue Of
S400,000,000 In October the directors
authorized the issuance of $4,000 900
new stock TO be offered stockholders
at par. The latest earning figures,
covering the ten months of 1916 ended
with October, showed net operating in
come of $50, 1902 31, against s3S,954,5S6
in the corresponding period of last
year. This was at an annual rate of
1921 per cent on the capital stock COM
pared with lilo per cent actually
earned in 1915 and 3.75 per cent in
1914.
B. F. Goodrich.-This stock rose
from 66% to 70 and closed 3h points
up at 69h. There is s6O,000,000 Of
common stock outstanding and ST.
100000 OF 7 per cent cumulative pre-
ferred. After lapse of three years
dividends were resumed on the COM
mon stock last January at an annual
rate Of per cent. The full dividends
have been maintained on the preferred
since 1912. Over period OF nearly
four years the company has shown an
nual average earnings of 7.19 per cent
on the common after allowing for the
full dividends on the preferred. In It's
balance sheet the company carries
goodwill as all asset at s57,798,0oo. In
1915 TIT per cent was earned on the
common, against $50 per cent in 1914
and o.s3 per cent In 1913. Unofficial
figures were published in Wall Street
yesterday placing earnings in the sec
ond half of the year as large as in the
first six month";, when 81 per cent
was shown on the common. Sales OF
the company in 1915 will approximate
$40 ,OoO,0 900, It is said, compared with
s5soOO,O0O in 1915 and s43,oOo,OOO In
1914.
Extra Distributions-Several more
corporations declared extra or in
creased dividends yesterday. The
Pierce Arrow Motor Car Company an
nounced an initial disbursement at the
rate of 8 per cent year on the pre-
ferred stock. The Carolina Power and
Light Company declared an initial
dividend of one-half of l per cent on
the common stock. An extra of per
cent in addition 10 the regular quar-
terly disbursement of per cent was
declared by the directors of the Hedley
Gold Mining Company. The American
Milling Company declared dividend
Of per cent on its stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
PROHIBITS
TIN PLATE FROM u. S.

According TO a cable message from
Commercial Attaehe Philip B. Kennedy,
Melbourne. dated December s, the Aus
tralian government has prohibited the
importation of tin plate from the United
States. The prohibition does not apply
to shipments actually en- route.
During the FISCAL year ended June 30. 1915,
the quantity Of - plate imported into Aus
trAliA from the : Fitted States was $3.50. 1873
pounds. representing about 80 per cent Of the
total imports
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
Freight Rate Reduction Ordered

Washington. Dec. 49, Reductions in
freight rates effective February l on
fuel and refined oils in carload lots
from producing points IN California,
Kansas and Texas to points in Arizona
were ordered to-day by the Interstate
Commerce Commission.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
New Porto Rico Sugar Coming.

Juan, Porto Rico, Dec. I3.-Ihe hrst
shipment of sugar from the new crop
was made to-day when Guanica Cen
trale forwarded to New York 5000 bags,
or 1900 tons, representing a part OF
its first weekly output.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
New Director for Lawyers Title and

Trust.-John J. Watson, jr., was to-day
unanimously elected a director of the
Lawyers Title and Trust Company to
an a vacancy in the board. Mr.. Wat.
son is vice president and treasurer OF
the international Agricultural Corpora
ton and vice president of the Lee Rub
her and Tire Corporation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
BOSTON Coppers.-Bo

Boston COppers.-Boston, Dec 10,
Conner shares were erratic to-day, with
trend toward partial recovery of
yesterdays losses. Several issues, how
ever, were quoted below the previous
close. Last sales were at the best
prices of the day. Copper Range, TIA;
Allouez, 6612; Old Dominion, rs;
Osceola, 95l2.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Gold from Canada.-Gold 10 the
amount of 100000 from Canada, con-
signed TO j. p. Morgan & Co, was de-
posted yesterday at the Assay Office.
This brings the total imports for the
week to s17,OOO,OOO, for the month to
date to 9,OOO,O 900, and for the calen-
dar year s5S2,OCO,OOO. OF this, about
s4S7, 100000 came from British sources.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

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, 1916-12-14
Daily Imports and Exports

Daily imports and exports Of general
merchandise at the Port Of New York
Mera.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Wall Streets reaction to the
thought Of peace has been one of dis
belief. Germany has not stated the
terms on which she will negotiate,
nevertheless. it is believed" that the
Allies cannot accept her terms. A
Spectator, of course, would not have
been long of war stocks if he had be-
lieved Germany could make peace.
Being long Of them, he still believes
that Germany cannot make peace,
though she has Unexpectedly made
peace proposals. Where ones inter
est is one cannot be sure of what
one believes or disbelieves by rea-
son alone. What is true of the Wall
Street Spectator is true also of in
dustrial people who have been max
ing very large profits from wars
custom. Copper authorities" says
the Wall Street bulletin, written
mainly 1OT SptCuldCoiS III OOpptl
shares. "are not anxious. The trade
is Of the opinion that the Allies will
find it impossible to accede 10 Ger
many's terms" The reason the cop
per trade is not anxious is that 1t
believes Germany cannot make peace,
wherefore the war will go on, but
what is the copper trades opinion
worth as to what the Allies will do?
1.-THE head of a prominent munitions
concern" says another Wall Street
bulletin, ais of the opinion that the
Allies will not consider Germany's
proposals" He does not know what
Germany's proposals are, but he pro-
ceeds to discuss the merits Of the
European war from the beginning.
He proves that the Allies morally
cannot accept proposals which have
not yet been heard.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Bank Exchanges-The days clear
ings at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

loans ranged from to per cent, de-
pending on the maturities.
Ruling rates on money yesterday
compared with a year ago, were as
follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14
News Digest
Foreign

Paris Bourse.-Paris, Dec. 81 rad ,
ing was quiet on the Bourse today,
Three per cent rentes, 81 francs ~
centimes for cash; exchange on Lon
don. 27 francs 8lh centimes; 0 per
cent loan, So francs 10 centimes'
London MvLsy Rates.-London, DEC
13,-Money loaned at Az per cent 10
day; discount rates. short and three,
month bills, 61zN55s per cent; gold
premium at Lisbon, 70.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Sub-Treasury. - New York banks
gained from the Sub-Tressury s942, 900.
SIlver-Bars In London, 36S pence;
New York, rs cents; Mexican dollars,
5S7s cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Directors of the Chicago & North
Western Railway have voted TO increase
the company's capital stock s15,25O,95O,
or 10 per cent, to represent the capital
ization Of past expenditures on I'M
provements, extensions and new equip
ment
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-14

Commercial aper.-lnsututlons gen
orally show an utter lack of interest IN
commerciai paper, and the market IS
nominal. Prime regular maturities
continue TO be quoted 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, 1916-12-14
Corporation Returns
Detroit Edison
tab Securities CORPORATION

Combined earnings Of subsidiaries of Utah
Securities Corporation for November COM
pare as follows:
1916. 1915.
November gross .........S .%23 s4S4,3I9
Net after taxes. 266,oo6 Z5S,<5o