davidaulloa/AmericanStories huggingface dataset:
The Nome daily nugget., 1916-02-16
THE MINE SAFETY
 MOVEMENT

of the need of effort for the protection of gold miners employed in the big Treadwell mine. In British Colum- bia the movement is fairly well ad- vanced for first aid and mine rescue instruction has been given at several important metsl mines. while at the Le Roi gold copper mine at Rossland an Organization of Safety Depart ment." with the mine superintendent as chairman of the Head Safety com mittee and day shift and night shift sub committees. with clearly defined duties and meetings for report and consideration of recommendations, has been in active existence for several monthA
The Nome daily nugget., 1916-02-16

o. Itow, a Japanese who was con victed of the murder of Frank Dunn. of Toledo Wash. at the Northwestern Fisheries Companys csnnsry at Dun das bay. in 1s17. was resentsnced to death by Judge Robert ". Jennings
The Nome daily nugget., 1916-02-16

Jim Juneby. native police otacer at Eagle, died of pneumonia recently Juneby had served in the capacity Of native police officer in connection with he suppression of the liquor trafflt 4mong the natives for several years, and was a very efficient officer.
The Nome daily nugget., 1916-02-16

To Herbert Shesrer must so the laurel for having been the first to bag" one of the wolves that have been making night hideous by their dismal howlings. and between howls. throwing the scare Into the towns people 10 such an extent that they nave feared 10 roam from their own hreside" says the SkaIway Alaskan of December 20.
 The successful hunter after laying In walt for the pas. several nights near seamen's barn, had his patience rewarded at about i:3o o'clock this morning. when pack Of four Of tn, beasts stole cautiously into view d
 he alert Hei bert. When the smoke of battle cleared away. one of the band lay stif and stark. IL weighed about 50 pounds.
The Nome daily nugget., 1916-02-16

NUGGET MINING AND DREDGING
 MAGAZINE,
 Il-attd Annually In October) sr#.s per copy. y..................'. .soo rrs- aer copy. mailed ed.......,...sk g5 es for advertising space in any .f f-. sa.vo publications win bs mad pr#g f~ apr 'ication
 PRONE MAIN 46
The Nome daily nugget., 1916-02-16
rhoruif L-ehmsna
WI CAN DO IF.

Pse Nvst sssss wsrk snd prompt ae. iiwsry phsrs Main i6i and sss psspi1s Steam Laundry will ssnd and Sse ys3r iavedsv.
 W. !. WtLLiAaAooM, prsp.
The Nome daily nugget., 1916-02-16

Copy for regular advertisements Uust bs 3n by lo o'clock on the day oi publication
The Nome daily nugget., 1916-02-16

<orn4 Weekly Nugget month. Soc Nant Weekly Nugget. 1 year. .tkeo
The Nome daily nugget., 1916-02-16
City Official Paper
SUBSCRIPTION RATES
 eID advance)

Nome Dairy Nugget month. .'1.e 3, me Daily Nugget months. .tIoa' k.s.- -4H, <ugget, year. ... s2o,0e
The Nome daily nugget., 1916-02-16

Nome Nugget s2.oc per nonth.
The Nome daily nugget., 1916-02-16

Entered as second class matter Feb 2s. 1907. al the poFtoncs al Nome alaska under the Act ef Congress of March } 1878.
The Nome daily nugget., 1916-02-16

PHONE MAIN 46
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
WHAT THE ALLIES
ARE BUYING HERE

Weekly exports from the port OF New
York furnish a pretty clear idea OF how
Great Britain and her allies are spend
inc $4,000 600 each working day in the
United States, as was stated recently
nv the Chancellor Of the Exchequer'
Reginald McKenna. Taking, for IN
stance, the figures for the week endea
October 81, it will be seen that about
half Of the s51,923,s35 Of merchandise
exported during that period was con-
signed to the Allied governments OF
Furope as follows: Great BRITAIN
50 900 900; France, l1,5OO,oOO; Russia
$500 900; Italy, s2,35O,OOo. and Bel
GUM, s1.275,0OO, or total OF s32'SZo'-
600. This is at the rate of over $1,000
600 a day for goods shipped from the
mort Of New York alone.
Over two-thirds of the value of goods
exported to the countries named un-
Goubtedly represent munitions and
ether supplies intended for the use Oh
the army. Under the head of explo-
ei,es is found the following:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
NEW HAVEN EMPLOYEES
TOLD TO ECONOMIC
Their Attention Is Called 10 High
Cost of Railroad Supplies

Every possible economy in the use
OF material and supplies is urged IN
an official notice sent out by the New
York. New Haven e. Hartford Railroad
to officers and employees, attention
being called to the sharp advance in
prices for nearly everything that goes
into railroad maintenance and opera
ton.
On all material excepting fuel, rails
ard ties the average increase in price
during the last twelve months, the
notice states, has amounted 20 approx
imately 60 per cent. During the year
1915 the company expended s4,7S7,00
for material of this description. At
the present market prices the same
amount and character of material
would cost 1853, 900, or an increase
of s2,S72 900 for the year.
Employees are instructed By the man
agement to make repairs instead of
complete renewals in all cases where
practicable, even where under normal
conditions it might be better 70 renew
than to repair.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
FRENCH BISHOPS
AID WAR LOAN
Episcopalians Open Count
ers for Public Sub
sCriptiOnS
By YVES GUYOT


Paris, Oct. 26.-lndications of
success for the new loan are being
daily. There have been
many more small subscriptions this
year. Several Bishops opened count
ers for subscriptions in episcopal
palaces and other religious establish
ments. This is not only patriotic
action, but also a good political move,
as it has shown the State what in
fuence they have.
The charter of the Bank Of France
expires in 1920, and the question Of
its renewal will have to come up
soon. The Society Of Manufacturers
end Merchants of France have
adopted a resolution calling on the
government to renew the charter for
a period Of not less than forty years
in view Of the great services Of the
bank during the war.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
News Digest
Foreign

London Markets.-London, Oct. 20
Dealings on the Stock Exchange to-day
were generally restricted by the Ru-
manian war news and there was a fur
Their slight setback in gilt-edged securi-
ties. Brazilian issues were firm excep-
tions on the semi-official statement that
cash payments will be renewed and the
funding scheme discontinued next year.
American securities were irregular.
High-priced shares were easy, but Erie.
Denver & Rio Grande and Missouri.
Kansas & Texas were firm. The latter
was quite active.
Money was in shorter supply and dis
count rates were steady. Money, Az
per cent; discount rates, short and
three-month bills, 5h@5S per cent;
gold premium at Lisbon, 62.
Paris Bourse.-Paris, Oct 26.-rrad-
Ing was quiet on the Bourse to-day.
Three per cent rentes, 81 francs 10 CEN
times for cash; exchange on London.
81 francs Sl1a confines; five per cent
loan, 80 francs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
GOULDS AGREE
TO RECEIVER FOR
TEXAS & PACIFIC
All Factions Working To-
gether to Provide for the
Roads Financial Needs

George Jay Gould, who has been the
leader in the fight against Missouri
Pacific interests in their efforts to have
a receiver appointed for the Texas &
Pacific Railway, it is understood, will
now acquiesce in a plan for placing
the road under the jurisdiction Of the
courts until its financial difficulties
are adjusted.
The Missouri Pacific, through its con-
troll Of the st. Louis, Iron Mountain g.
Southern, owns 23,7o3,oOo Of the s24.-
Sol 900 second mortgage income bonds
of the Texas & Pacific. In applying to
the United States District Court at
Dallas, Tex, last May for receiver
ship B. F. Bush, receiver Of the Mis-
souri, Pacific, stated that the interest
on the bonds had not been paid since
1908. The court refused to act on the
application, however, on account OF al
legged lack u jurisdiction. This de-
cision was affirmed last May by the
United States Supreme Court
Working Capital Needed
A formal announcement that the
Texas & Pacific has consented to q
friendly receivership Is expected from
the company's Offices this week. It
was pointed out yesterday by banker
familiar with the roads needs that it
is now in a position where it is not
able to borrow needed working capital
despite its increasing earnings. II a
receiver is appointed, it was contended,
a larger portion Of current revenues
could be used in the development Of
the property.
Banking interests friendly to the
Missouri Pacific stated that the COM
pany had received no iterest on the
Texas g. Pacific bonds since 1908 and
that notes, temporarily issued in lieu
Of interest, had not been taken up at
their maturity.
The annual report Of the Texas & Pa
cifc issued last week showed that the
company had current liabilities on
June 30 as follows: Loans and bills
payable. s3,561 $50; accounts and
wages, s2,224,691; matured and unpaid
interest, s279,45O; total s6,O65,52l.
To pay these obligations it had only
s791, 400 in cash.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Germany's War Credits

Berlin, Oct. 26 (by wireless to Say
ville).-The Budget Committee OF the
Reichstag and the Secretary Of the
Treasury. Count Won Roedern, dis
cussed the financial situation to-day
and the governments policy during
the war of consolidating the floating
debt, especially treasury notes, in the
form of long-term loans. Up to the
present time the Reichstag has grant
ed war credits amounting to $4,000
100000 marks. OF this amount 49,
600. 900, 900 marks was expended up to
September 80, 37,5oO,OO0,o0O marks
having been provided by long-term
loans and the remainder by the sale
of treasury bills. In October 25O'-
900, 900 marks will be repaid to the
Imperial Treasury for amounts DIS
bursed for relief work.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

One reason why the price Of fixed
interest bearing capital has not ad-
vanced more rapidly since the begin
ming of the war is that the war has
been very largely financed with
liquid capital, that is to say, by the
sale of short term securities and
loans running for periods Of from
one to five years. The British gov
eminent is very reluctant to bring
out a regular long term war loan,
because the rate of interest it would
have to bear to sell itself to investors
might be a disagreeable surprise.
The vast accumulation Of short term
obligations has sometime to be paid
eff, repudiated or funded into long
dated loans. The short term loans
will not be paid off when they are
due because they cannot be. They
will not be repudiated. Therefore,
they will be converted into long term
loans, and when those operations
begin one may expect, indeed, to see
the price of fixed capital begin to
rise.
The financial operation proposed
by the Southern Railway is inter
csting and significant. In 1906 the
management thought it had pro-
vided for the capital needs Of the
property by means of Development
and General Mortgage, covering all
the property, under which bonds
could be issued from time to time for
improvements, TO pay off maturing
items of debt and for general pur-
poses. The authorization was $780,
100000. Less than Sl00,000,000 has
ever been issued. The remainder is
unavailable. II had been stipulated
that the bonds might be issued at
divers rates Of interest, "but not ex-
ceeding 4 per cent" You cannot sell
. 4 per cent bond of this character
any more. SO the Southern Railway
must do something else. The Devel-
opment Mortgage and the holders Of
the per cent bonds issued there
under are now in the way. The
management wishes 10 lift that
mortgage and put in its stead a new
one under which bonds may be issued
ut higher rates Of interest. This will
require the consent Of the holders Of
the Development and General Mort
gage per cent bonds, who are so
licited 10 accept an per cent bonds
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Flour in War Money

To the Financial Editor:
am reading with great interest
your page in the daily Tribune. /
notice this morning this item:
Wheat -four so a barrel, the highest
price since the Civil War period, when
it was priced in deprecated paper cur
rency.
have noticed it in a number OF
papers recently. I, myself, have sold
Plants extra mlled in Baltimore after
the war at s22 barrel, paying for
the same $50. A friend says his father
paid S25 for the same brand. Along
about 1873 -four was quoted at s11
and over. F. n. BARRETT.
New York, Oct. 26, 1916.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Money and Credit

Money on call at the New York Stock
Exchange ruled at "a per cent, with a
low of and high of 2ls.
Conditions in the time money market
are unchanged. The tone continues dull
and easy. Rates for industrial loans
ore 514@315 per cent for sixty days.
31z0324 per cent for ninety days and
3A per cent for four, five and six
months. For mixed money they are 3
FER cent for sixty days, 81. per cent
for ninety days and 81 @S1s per cent
for four, FIVE and six months.
Ruling rates on money yesterday
compared with year ago were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

The value of firearms was Sl,377,ooo
and empty shells s27s.9oo. What part
of the 1902 900 in acids, $4,000 alco-
hol, Sl2,000,OO0 automobiles, $2,4O2.OOO
refined copper, s727oOO drugs and
chemicals. SlOs,OO0 locomotives, $780,
900 nickel, sl,2i5,OOO brass manu-
features. 45i. 900 aluminium. s2,4S3,OOo
iron and steel and 1922 900 in barbed
wire was bought for war uses can only
be surmised, but the indications are
that the great bulk Of such purchases
was so intended.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

Consider the few surviving bank
rupts. 1t is a reflection upon human
rature that anything should be bank
rupt or without divisible profit in
these times, but there are neverthe-
less such things in the Stock Ex-
change list. There is Missouri,
Kansas G. Texas. The road is run
bv a receiver. 1t is doubtless we'll
run from a receivers point of view,
but the bonds are in default, ard
the shares represent only the oppor-
tunity of the stockholders to assess
themselves and put in more money.
Those shares are very strong. Why
do people buy them? 1t is because
any opportunity to be rid of ones
money is something to seize be-
fore it shall disappear? No. The
shares are cheap. Anything that is
cheap may go up, will have to go up,
cannot by any means be prevented
from going up. Cheapness is an OF
fence to the eye and an affront to
the mind. Nothing shall be cheap.
And if you say there are kinds OF
cheapness, then the truth is only IN
creased. Nothing shall be cheap,
either in value or price. Missouri
Pacific stock, on which an assess
ment is due, also is very strong
and tending away from cheapness.
Cheaper than either of these is
Wheeling & Lake Erie, still in the
leeping of receivers. The common
stock is very strong. Between 10
and 8 o'clock it advanced 6S& per
cent in market value. True, that
was only from to 3as per share,
but cheapness is malady that can
not be cured by a sudden miracle.
Time is needed for everything.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
SOUTHERN RY. TO ISSUE
BONDS AT HIGHER RATE

A meeting of the stockholders of the
Southern Railway has been called for
January 3 to vote on plan for Great
ing a new refunding and improvement
mortgage, limited to s50O,O0O,0OO 1t is
proposed to exchange the company's
development and general mortgage 4
per cent bonds for the new securities,
which will bear AZ per cent.
The existing mortgage was created in
1906 and provided for IA maximum issue
of 5000, 900 900. Under this mortgage
bonds have been issued to the amount
Of SCI 1893, 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

The above rates express the cost OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for s4.75ii; the intrinsic par
ity is ,4.s6ss per pound. Thus, you
say either that pounds are at q 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, 1916-10-27

In less than two weeks S50,00O,0OO
of British gold has come into the
country, most of it from Canada.
The movement has synchronized
with the negotiations for the new
$500, 100000 British credit. Assum-
ing that one dollar in gold can be
expanded into So of bank credit, the
British government has theoretically
furnished the gold reserve for five
sixths of the S3OO,OOO,OOO credit just
obtained.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

Commercial Paper.-Nothing particu
larly new has developed in commercial
paper. Trading is dull. with an easy
undertone. A considerable amount of
paper is being offered at 81 per cent,
but little is actually moving under 31a
per cent for prime regular maturities.
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, 1916-10-27
Aluminium Money

On the initiative Of the Chamber OF
Commerce Of Marseilles, France, alum
mum disks bearing the arms Of Mar
settles have been authorized recently
for local circulation. The issue com
prises $4,000 pieces OF 10 centimes and
1000 Of centimeA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Other Cities
Federal Trade Commission Decision

Federal Trade Commission Decision.
Washington, Oct. 26.-The Federal
Trade Commission to-day ordered A.
Theo Abbott e. Co., of Philadelphia,
to discontinue the use of the word
silk in reference TO a tradenamed
fabric it manufactures. on the ground
that, as now made, it contains no silk
made from the cocoon of the silkworm
and damage may have resulted TO
manufacturers who deal in products
made from such cocoons. The company
has taken steps to correct possible con-
fusion and deception.
Farm Loan Act ed.-Memphis,
Tenn, Oct. 26.-Bankers here to-day
for the annual convention of the Farm
Mortgage Bankers Association Of
America were told by F. W. Thompson,
of Chicago, its president, that no occs-
sion exists for them to fear inroads on
their business by Federal farm loan
banks.
Even though the Federal banks
should obtain their full quota of loans
in the aggregate of 100000, 900" he
said, there would still be left by way
of renewals and new business from
the 6,S6O,OOO farm owners of the coun-
try large proportion TO be done by
farm mortgage bankers"
Mr.. Thompson impressed members
of the organization with the need Of
Continued on page
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

The total quantity Of secondary cop
per recovered in the United States dur
Ing 1915, on the assumption that the
brass remelted had an average copper
content OF 20 per cent. was 1868 tons,
or more than the annual production Of
Montana
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
May Sell Pledged Securities

The British government may from
pledged securities, the proceeds TO be
used to retire the notes by purchase
or redemption. y the pledged securi-
ties depreciate in value because Of
change in market price or in rate of
exchange so that the 20 per cent mar
gin of the collateral shall have become
impaired, the British government will
deposit additional securities to make
good the impairment.
Cost OF the notes to the underwriting
syndicate will be IA per cent below
the average offering price. From this
percentage there will be deducted SELL
ing expenses. The syndicate will ex-
pire December /, unless sooner ter
minated by the syndicate managers.
Syndicate participants will be allowed
selling commission of Il per cent.
The syndicate members are ]. p. Nor
gan e. Co., First National Bank, Ma
tonal City Company of New York,
J. & W. Seligman & Co., KIdder,
Peabody & Co., Lee, Higginson & Co.,
Harris. Forbes e. Co., Brown Bros. e.
Co, william A. Read & Co., Lazard
Freres. Kissel, Kinnicutt e. Co, White,
Weld & Co., Guaranty Trust Company
Of New York. Bankers Trust Company
and Farmers Loan and Trust Company,
Of New York; Central Trust Company
Of Illinois, Chicago; Union Trust Com
pany, Pittsburgh, and First and Old De-
troit National Bank. Detroit.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Thursday, October &c, 1916

1t is easier to make than to save,
easier to be prosperous than pru-
dent, easier to sell than to buy, and
easier to borrow than pay.
1t is a very easy time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
New York

Bank of Commerce Elects Director.
Thomas Williams, of lchabod T.
Williams & Sons, has been elected a
director of the Bank of Commerce.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

It has been always customary to
Prepare Wall Street for the news Of
another Gould receivership by
demonstration of strength in the
shares of the particular railroad
marked for that refuge.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

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, 1916-10-27

Distribution of War Profits.-Several
important industrial concerns declared
extra dividends yesterday. The New
Jersey Zinc Company announced an
extra per cent, in addition to the reg
ular quarterly disbursement Of a per
cent. United States Cast Iron Pipe and
Foundry declared an extra per cent
on the preferred. The Otis Company
which manufactures awnings, denim
and other textiles, announced besides
the regular $50 disbursement $3.50
extra on the $500 900 capital stock out
standing. Directors Of the Canada
Foundries and Forgings Company de-
clared an extra per cent, In addition
to the regular quarterly dividends. A
$50 extra dividend was declared by the
Columbian Manufacturing Company.
makers Of cotton goods, in addition TO
the regular semi-annual payment of $50.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

under the same kind Of mortgage
only called by a new name. They
will do it, of course.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

Gold Observation-Disclosures 900 900
Of British gold arrived yesterday from
Canada for the account Of j. P. Nor
gan & Co. On Wednesday 39,5OO,O0O
from Canada reached Philadelphia, also
for the Morgan firm. The total move
mcnt since October II now aggregates
$50 900.
The Sub-Treasury transferred $780,
900 to San Francisco for the account Of
LEGAL banks, presumably for shipment
to Japan. There was transfer Of
$4,000 by the Sub-Treasury to New
Orleans. Coin to the amount of $500, 900
was Withdrawn for shipment to Cuba.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27

on the other hand, were irmer Italian
lire continued weak. There was no
change in sterling.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-10-27
Bank Of France Reports the follow
The Dollar in Foreign Exchange

Exchange on Vienna was heavy,
dropping from 1924 TO 1872. Marks,