davidaulloa/AmericanStories huggingface dataset:
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

younger set was the leap year par
ty given Friday evening at Murdocks.
The evening was spent in cards and
dancing and refreshments were serv-
ed. Those present were Misses Sar-
ah Scott, Valine Quincy, Iris Clark,
Elnora Amussen, Avelda Simpson.
Marie Beirdneau, Clara Johnson, Yer
da Turner, Elnora Benson, Clara Dol
der, Martha Dolder, Florence Britzell,
Ethel and Leona Smith, Ella Hawkes.,
Hazel Norr; Messrs Roy Keller, Ari-
Il Lindquist, Morris Christensen.
George Preston. Fell Squires, Ariel
'erntson, Russell Berntson, Lyle
;eddes, Osmond Jorgenson, Glen
'uinney, Jack Ragaen, Hyte Nelson,
Chester Squires, Dell Egbert. Golden
] Smith, Jed Lewis, Tom Peterson,
F., Arnold Johnson and Mr. and Mrs &.
Nathan Tolman.
Bishop and Mrs. C. w. Nibley en-
tertained with New Years party
last Saturday at their home on West
Center in compliment to President
William Bulge. The rooms were
| bright with cut flowers and the eve.
ming was spent in music and social
chat. A buffet luncheon was served.
Only the immediate family was pres
emit.
The following young people en-.
joyed a sleigh ride Sunday evening
with a social evening following at
the home of Mr.. and Mrs. Orval Ad.
ans: Misses Della Smith, Hazel
Crockett, Ruth Barber, Ollie Jean
Nibley, Lucy Langton, Mary THAN,
Messrs Cecil Christensen, MILFORD
Carlisle, Alton Harrison, Gibbs Lang.
ton, Sidney Nebeker, Darrell Hen
bricks.
An announcement OF interest to a
great many Logan people is that Of
Miss Georgia Fullmer daughter of
Mr.. and Mrs. C. d. w. Fullmer OF
San Fransico to Mr.. George Oulton
OF the same place. Miss Fullmer is
former resident of Logan and has
host of relatives and friends mere
who will extend congratulations.
Mrs. T.. d. Ball was the charm.
ing hostess Of delightful social af-
fair in the form OF bridge party on
| Friday afternoon. Five tables OF
cards were played. Prizes were
| awarded. Plants and cut flowers
were used In a pleasing decorative ef.
feet throughout the rooms where the
guests were entertained. Refresh
ments were served.
The Clio Circle met Wednesday at
the Bluebird with Mrs. George Tor.
geson hostess. Mrs. John A., Hen.
erickson gave Captain Brassbond's
| Conversion, In a most interesting
manner. A general discussion, fol.
lowed. At the close OF the afternoon
tea was served.
Miss Mile Hansen was the hostess
OF a delightful affair Wednesday eve.
ming in the form Of kensington.
The rooms were decorated with cut
flowers and dainty refreshments were
served, About ten guests had the
pleasure Of the evening.
Mrs Sarah ballard entertained
with a prettily appointed dinner on
Thursday at her home on First South.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Use Algerian Brler Roots.
Algerian brier roots are now used In
pipemaking.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08
Worth While Quotation.

Let us be OF good cheer remember
ing that misfortunes hardest TO bear
are those which never come" Lowell.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

The second in the series of club
dinners to be given at the Hotel Lo-
gan by the members Of the CONNER
cial Boosters Club was held Wednes'
day evening. The tables at which
the guests were seated were decorat.
ed with vases OF cut flowers. During
the course of the dinner Master VIII
liam Peterson and the Boosters Quar-,
tette rendered some beautiful selec.
tions and speeches were made by
Mr.. Will G.. Farrell and Hersche'
Bullen Jr. The affair was greatly
enjoyed by those present.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Miss Ella Hatch entertained at din
ner Tuesday in compliment to Miss
Marie Eccles and Mr.. George b..
Game, A color scheme OF red and
white was carried out in the decora.
tions and the menu served. Red roses
in a cut glass vase formed the cen
terpiece on the table. A social eve
ming followd. Covers were laid for
Mr.. and Mrs. NJ. s. Eccles. Mr.. and
Mrs. Asa Bullen, Misses Marie Ec
c'es, Emma and Jessie Eccles, Mar
garet and Edna Nibley, Della Nor
rell; Messrs Robert Anderson, Boyd
and Eastman Hatch, Wesley Ander
son, George Game, Joseph Quincy
and Spencer Eccles.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Mrs. Sarah ballard entertained
with a prettily appointed dinner on
Thursday at her home on First South.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Mr.. and Mrs. John A, Hendrick.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Commissioner George w. Lindquist
entertained with a banquet at Muir
docks on Monday evening in compli-
ment to the city officials. The guests
were seated at one long table which
W, 5 artistically decorated with red
and white carnations. Mr.. Roy Bull
len acted as POSTMASTER and drew
responses from Mayor p. A. Thatch'
so, Nessrs Albert Law, James Lar
sen, Olof Nelson, VIM. Evans Jr., n.
c. Peterson, John Quayle. Andrew
Mckinney and DR.. f. S. Bulge. At
Inc close of the banquet number
Of the officers wives Joined them and
the time was spent in games and
dancing. Thirty people enjoyed the
peasant affair.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

Miss Mile Hansen was the hostess
OF delightful affair Wednesday eve.
ming In the form Of kensington.
The rooms were decorated with cut
flowers and dainty refreshments were
served, About ten guests had the
pleasure Of the evening.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

The Clio Circle met Wednesday at
the Bluebird with Mrs. George Tor,
geson hostess. Mrs. John A., Hen.
erickson gave Captain Brassbond's
Conversion, In most interesting
manner. A general discussion, fol.
lowed. At the close Of the afternoon
tea was served.
The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-01-08

laid for eight guests. A social even
ing followed.
Misses Edna and Margaret Nib!ey
estertained with 900" party Thurs
day afternoon at the home of Mis-,
Edna Nibley on West Center, compli
mentary to Miss Marie Eccles. The
guests were entertained with 81,
tables of 900" with refreshments
following. A prize was awarded Mrs
Luther Howell for the highest score
The guests were Mrs. NJ. Eccles, Mrs
Luth Howell, Mrs. r. Bullen. Mrs. Asa
Bullen, Mrs. Leslie Naisbitt, Mrs
Ernest Carroll, Mrs. Bert Darlington
Mrs. e. G. Peterson, Mrs.C, w. Nibley
Jr., Misses Marie, Jessie and Emma
Eccles, Ella Hatch, Della Morrell
Claire Carbon. Nettie Goodwin, Marie
and Louisa Barber, Ann Taylor, Kin
ME Game, Geneviene Thatcher and
Ollie Jean Nibley.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
FEDERAL FARM LOAN
BOARD OPTIMISTIC
Farmers Said to Manifest Keen
Interest in Act.

Washington, Sept. 2s.-The Federal
Farm Loan Board returned to Wash
ington to-day after q tour through
Twenty-Five states to gather informa-
ton for its guidance in dividing the
country into twelve farm loan districts
and designating the sites of the twelve
farm loan banks authorized under the
new rural credits law. The tour began
at Augusta, Me, and took the board
to the Pacific Coast and as far south
as Missouri. A similar trip will be
taken soon through other states In the
South and Southwest.
In a statement issued tonight the
board expressed satisfaction over the
results Of the hearings held thus far
THE keenest interest in the Federal
farm loan act was manifested by farm
ers and every class of people in the
communities visited" said the state
ment. "The law was universally ap-
proved by farmers, business men and
bankers, who assured the board of
their cooperation
Farm loan banks will be put into op-
Grafton by February l next, the state
ment intimated.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
ARGENTINA HOLDS
BACK ON FINANCING
Bankers lrritated by Dilatory
Methods of South Americans.

Argentina still delays in scceding to
the wishes of New York bankers in the
matter of devising a comprehensive
plan for meeting its maturities in the
American money market. Issues that
will have to be provided for over the
next four years amount to approx
mately s6S,OOO0OO.
One Of the latest practices OF the
South American republic in obtaining
funds for it's current needs is through
the drawing of drafts on the Argentine
Ambassador at Washington. The &C
ceptances thus created are being offered
for sale 70 New York financial institu-
tons.
While the greatly increased business
of the Argentine with American mer-
chants has made IL imperative to adopt
temporary measures to meet the large
balance of trade in favor Of this coun-
try, bankers view with disfavor the
hodge podge methods being utilized.
They want the Argentine to submit
plan that will offer definite assurance
that existing obligations will be met on
their maturity.
New York bankers say there Is no
need for delay on the part Of the Ar
gentne authorities, in view OF the
ready sale the republics securities have
met with here since the war in Europe
shut off the London market.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
ARGENTINA TO BUY
MERCHANT SHIPS
Builders Expect Contracts for 10
Vessels. to Cost S25,000,000.

Contracts for the building Of ten
steamships for the Argentine govern
ment will, it is expected, be placed soon
with the shipbuilding subsidiaries Of
the Bethlehem Steel Company. About
10000 tons of steel plates and shapes
will be required, and the contract price
is estimated in the neighborhood Of
so. 900. 900. According to reports from
Philadelphia, the Bethlehem Steel Com.
pany has purchased half of the steel
plate output of the Lukens Iron & Steel
Company, shipments to extend over the
first half of next year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
The Dollar in Foreign Exchange.

Current frmness Of exchange on Ber-
lin Is perhaps the most interesting
feature of the foreign remittance mar
ket at the moment. Developments in
the theatre Of war have certainly not
been favorable to the German cause, yet
in the last ten days marks have risen
approximately 8 cents. They are now
quoted around II cents for four, COM
pared with a recent low of 68. Ex-
change brokers have an explanation for
this. They say that considerable pur-
chases of mark exchange have been eff
fectcd in the last week against securi-
ties which the German submarine
Bremen is supposed to be bringing over.
Rates on London yesterday were un-
changed. Francs reflected sentimental
improvement as a result of the placing
of the city Of Paris loan. Russian
rubles were frmer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
WAR NEWS HELPS
NEW FRENCHL0AN
Speculative Markets Slow
on Approach of
FlOtatiOn.
BY YVES GUYOT.

Paris. Sept. 28.-The financial
markets, generally speaking, are
calm, the near approach of the new
loan having made speculation on the
Bourse sluggish. The recent ad-
vances of the Allied troops on
Combles and Thiepval, excellent as
they are from the military point OF
view. are aiding the fotation Of the
new issues.
American mining stocks are
greatly in demand this week, Utah
copper having reached the record
price of 600 francs. The gold stock
of the Bank Of France has increased
more than 100000 francs this week,
and the note circulation has in
creased 60,O0O,OO0.
A member Of the Chamber OF
Deputies proposed to-day that treas
ury bonds be made legal tender. To
this project Finance Minister Ribot
replied that any one who desired
could accept the treasury bonds in
payment Of debts, but that OF course
the seller would lose the interest
thereby. On the other hand, the
government could not put out legal
tender which cost it between 3 and 4
per cent interest yearly.
The wine harvest this year is good,
and the quality high. Both of these
points have an important bearing on
French finance, which depends partly
on the quality and amount of the
yield to regulate exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
Wm.A.R ead&N'
New York
Chicago Philadelphia Boston W.

NOTICE. To Holders OF Certiaca,' s,,...
,asit Issued under the Plan shc, ..
-, n, Deposit. dated August ., -. A..
49,, ,hs undersigned Comm ,.....,-,,,,g
holders OF stock OF Inc
becoming parties thereto, 81, New Ys's
Guaranty Trust Company pisa srl
Depository under the a., "a kgzss, j
Agreement Of Deposit o'''1
1915: nina appoln'e
by and under the storesS,' ,,v,,s, :. isls
Agreement OF Deposit dated AZ ,nsr,srsrl
Hsns h.rrby' I'm pursuance o. :, De
n,,r,ber.d Fifth OF said Agreeme'.., .,,r,.ne
nosIt notify YOU that 70 mas "'Ssnos,sl
mat suff,cient stock has zee. 10 yg
underssaid Plan and Agreen's o.. al
rant the Committee IN carisI ,,eh isd
plan. Nand does hereby declatS ,gr,,ze,'
and such Plar preaxcd 20 salo
81 Deposi, TO be operative ,.,s rsr'
Under and by virtue Of psf.s - 'pspos.i
hered Third OF said Agreement '.,s opeH'
the committee does further o, ,s,r,,S o.
tive the Syndicate Agreein.es.' "A TIA. q
tached. marked Exhibit a N-,seh ~
stock OF the New Company -, . -
Commlttee is authorized 20 $3.50 81 .,c'
svndicate Agreement. Will be - ss8 ~
- d. nrovisions thereof and he.o ,asr
no.ed 81 bv the syndicate Mahaee
under. ..,he, 1914
G. $. JENNISON ,rtyIS
\ BRUCE MAC hSb
+. W. ALLEN'
u,PvTY ID GIBSON. .,,.
Merger Con-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

perience with farm conditions general
" believe that borrowing is already too
easy for the farmer.
obstruction in proper methods OF
husbandry, improvement in living con-
ditions, and, particularly, improvement
in facilities for social recreation, Will
do more TO keep the boys and girls on
the farms than will improved methods
of borrowing. Reforms Of this charac-
ter also tend TO reduce rates OF interest
by the only method which can leglti-
mately reduce them; that is, by I'M
proving the security"
Country Bankers Win Fight.
The fight of the country bankers
against the collection and clearance OF
checks without charge, recently prom
ulgated by the Federal Reserve sys-
TEN, was won by the adoption OF a
resolution asking amendment OF the
reserve act so as to permit small banks
to charge on their clearances.
The discontinuance of the use OF
gold as currency, except as reserves
on which Federal Reserve notes might
be issued, was advocated by W. +. u
Harding, governor of the reserve sys-
tenn. who made a short address. He
urged cautious banking methods ITO
avoid imitation of the currency and
credit"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
Our Wild Way With Gold.

In a speech before the annual
convention of the American Bankers
Association at Kansas City on
Wednesday, Mr.. Paul NJ. Warburg,
member of the Federal Reserve
Board, called attention to the UNI
modified condition of the largest
stock of monetary gold that has ever
been accumulated in one country.
We are in the experience of gold
imitation, not from gradual in
crease in the production of the
precious metal, but from a sudden
and unprecedented relocation of the
worlds holdings. Since the Federal
Reserve Banks opened there has
been received in this country from
abroad an amount of gold estimated
by Mr.. Warburg at S60O,OOO,OOO.
The bulk of it, perhaps all of 1t, in
sound economic practice should have
gone into a centralized gold reserve,
rat, instead, it has gone adrift into
the vaults Of thousands of separate
banks and into the pockets of the
people. The Federal Reserve Bank
system is without power TO control
il. because it is not allowed to issue
Federal reserve notes against gold
alone. The law requires that Fed
eral reserve notes shall be issued
only on the security Of commercial
paper, with 40 per cent reserve of
gold.
Mr.. Warburg thinks that after the
war we shall have TO re-export
great deal Of the gold that has come
TO us in the course Of an asymmetri-
cal war trade.
II IS impossible TO predict what
will then be our economic and
financial situation. Perhaps we may
find ourselves in an oyer-cxpanded
or generally unsatisfactory condi-
ton, and we may have TO face re-
adjustment In which all our banking
strength may be required. On The
other hand, things may 20 well with
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
NEW PARIS LOAN
PROVES POPULAR
Syndicate Subscriptions Said To
Be Ten Times the Issue.

Syndicate subscriptions to the new
City of Paris loan arranged through
Kuhn. Loeb g. Co. are already ten
times the amount of the issue. While
the full amount Of the loan is $4,000
600, in the form Of fve-year per cent
bonds, it was reported yesterday that
the initial advance will be s3O,000,000,
the bankers having an option on the
remaining s2OOO0,OOO TO purchase at
their discretion.
1t was reported on good authority
that the syndicate price of the bonds
is 81. No definite information was
available with respect to the offering
price, which may not be announced
until next week, when the issue will
be offered for public subscription.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
FEDERAL BANKING
ACTS UNDER FIRE
Frank A. Vanderlip Says
Politics Hampers Re-
serve System.
Kansas City, September %.

Frank A. Vanderlip, president OF tn
National City Bank of New York, IN az
address delivered here to-day before The
American Bankers Association openl!
criticised the administration of th'
Federal Reserve banking system. III
agreed, he said, with the principle ou
asserted that political considerations
had hampered its successful operation
In this connection he said:
Ono might we'll inquire whether
banking system where the membership
il almost wholly compulsory, where
scarcely a bank which has been per-
mitted voluntary choice has chosen TO
enter II. has been established in its per-
manent form and II would be pertinent
TO inquire in particular whether bank
ing system half Federal and half state,
half held together by compelled MEM
bership and half free from the authority
of the Federal governing power. Is per-
manent
IL is no secret why state banks de-
elins 10 become members OF the Federal
Reserve system They are apprehensiys
OF tho sort Of regulation which has re-
Gently been imposed upon national
banks. They arc not DESTROYS of sub
jectins themselves 10 the sort OF auto
cratic supervision under which the whole
national banking system has grown
FESTIVE.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
News digest
Foreign

London Stock Market.-London, Sept.
2s.-The Treasury announcement of an
issue of three-yesr Exchequer bonds at
per cent naturally depressed gilt
edged securities on the Stock Exchange
to-day, but rumors Of fresh war loan
were efectually stifed, and the war evil
IDENTIFY will be financed for the present
BY short term bonds.
general marking down Of q to q
occurred in the gilt-edged section, with
out much stock appearing. Consols
lost a point, and most of the other
sections eased off in sympathy. Ar
gentine rails, American securities and
rubber stocks were about the only firm
exceptions. Money was tight and dis
count rates were firm. Money, Az per
cent; discoun. rates, short and three
months bills, 5AM55s per cent; gold
premium at Lisbon. $500.
Paris Bourse.-Paris, Sept. 28.-Prices
were steady on the Bourse to-day.
Three per cent rentes. so francs %
centimes for cash; exchange on Lon
don, 81 francs 80 confines; 5 per cent
loan, 90 francs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
Current

The above rates express the cost OF
foreign money In terms OF the Ameri-
can dollar. You buy an English pound
sterling for s4.75is; the intrinsic par
ity is 34.SG% per pound. Thus. you
say either that pounds arc at dis
count or that dollars are at a premium.
which is owing to the fact that in
England the demand for dollars with
which to settle accounts in this coun-
try 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, 1916-09-29
Thursday, September %, 1916.

Among other decisions inseparable
from q time of great speculation is
that of financial Napoleonism. Men
make a great deal of money who
did not know any better. They had
only to be reckless, obstinate, scorn-
full of counsel, deficient in expert
ence, and lucky. Then they become
ohscssed with notions Of their own
greatness. Older men cape at them,
and they take it for admiration. The
adulation of brokers initiates their
ego until it is near to burst its
Jacket. But the season of their de-
tumescence is inevitable.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
New York

Exchange Memberships Sold. Three
seats were sold yesterday, one for $685.
600, the other two for $4,000. The
Francis A. Connolly; Hampton Howell
tc Knitting p. Emmons, and Cleland
Benedict TO McKim Hollins.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

Further details of the railroad
year ended June 30 last, compiled
from the records Of the Interstate
Commerce Commission, are received
from the Bureau of Railway Eco
Monies at Washington. We present
them in the simplest statistical man
ner as follows:
Re~eintR
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
Net op. income 81 o2e 1904 Az

The totals Of gross earnings, ex-
penses and net revenue have already
appeared. The interest of this state
ment lies in the fact that the income
and outgo are broken up and CLASH
fed. 1t is interesting to note that
earnings from freight increased 20.5
rer cent, and those from passenger
traffic only CO per cent. The in
crease Of revenue from freight must
have been owing both to very large
rise in the tonnage moved and to
changes in the nature of the ton
age, that bearing high tariffs prob
ably increasing relatively more than
freight of lower grade. But espe-
cially interesting in this exhibit is
the increase in expenditures for up
keep, under the heads, maintenance
of way and structures" and "mainte-
nance of equipment" The aggre-
gate of expenditures for maintc-
nance was the heaviest ever known,
amounting to S964,OO0,000, an in
crease of S96,000,O00 over the pre-
ceding year. This increase in ex-
penditures for upkeep is one of the
rotable facts Of current railroad
practice. 1t is owing partly to a
rise in the actual cost of mainte-
nance and partly to the fact that the
railroads are better maintained ac-
tually than ever before.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
August Exports by Groups.

Exports of leading commodities by
groups for tho month of August, as
compiled by the Department of Com
merce at Washington, compare with
those year ago as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

s417,449,0I0 in DepOsits.-Totsl re-
sources Of s515.173,7Ol are shown by
the financial statement OF the Guar
anty Trust Company as Of September
90 in response TO the call OF the Super
intendent of Banks. The total deposits
on that date were SAT-, 449,OlO.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
International Mercantile Marine

Special stockholders meeting will be
held to-day, at which steps will be
taken for making effective the plan Of
reorganization. No definite action is
expected with respect to back divi-
dends on the preferred stock, amount
ing TO so per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29
National Bank of Commerce Expands.

With the completion Of alterations
the bank now occupies six floors Of its
nineteen-story building at 81 Nassau
Street. The former facilities are prac-
tically doubled. This expansion" said
Pres dent James s. Alexander. was
called for the present demand Of a
rapidly increasing domestic and foreign
business"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

Below is given the current exchange
value OF foreign money in dollars and
cents. together with the intrinsic gold
parity as calculated by tho United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

Bank OF Francc.-In It's weekly state
ment it reported the following changes
for the week:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-29

Bank of England.-The Bank OF Eng
land reported decrease for the week
in gold coin and bullion holdings Of
s1,O27,122. Proportion Of reserve to
liabilities is now $3.50 per cent against
23.57 last week. Other changes re-
ported for the present week are as
follows: