davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Protection for
Investors Sought
British Organization Cooper
ates with Investment Bank
ers of America

London. March 2l.-Plans for the CO.
operation of American and British in
vestors in preventing the placing OF
unsound bond issues of foreign govern
ments either in England or America
have been approved by the Corporation
of Foreign Bondholdcrs of Great Brit
ain. The proposal was recommended
recently to the Investment Bankers
Association Of America.
Commenting on it in their annual re-
port. just made public, the council Of
the Corporation Of Foreign Bondhold-
ors declared:
THE council takes this opportunity
c. saying that they would gladly do all
in their power to cooperate, and It
seems to them that it would be very
strong weapon of defence in the hands
of bondholders against defaulting gov
crnments if it were known that such CO.
operation existed. These governments
would then realize that if they failed
to comply with their obligations in this
country they would find difficulties in
the way Of obtaining fresh money in
the United States, and vice versa until
they had returned to the path of hon
cs'y."
Protection Of the interests Of hold
crs of foreign securities is the princi-
pal object of the corporation. Review
ing the conditions of the last year, the
council reported
"Thc scrupulous compliance with its
obligations by the government of
Venezuela. the punctual remittance Of
the sum required to cover the annual
debt service by Guatemala and the re-
turn to full payments by Colombia and
Liberia are satisfactory features Of the
year. Costa Rica too. has provided the
funds required for the payment of the
half-yearly coupons we'll ahead Of their
due dates.
unfortunately, some of the Latin
American countries have stopped pay
mcnt altogether. Paraguay, after a
creditable record extending over some
eighteen years. has completely sus-
pended payment Of the service on its
external debt. Ecuador has continued
in default during the last year on the
whole of its external obligations. Mica
rgoua has been unable to carry out the
agreement made with bondholders in
1915. This. however, is due to the fact
that the money owing to the republic
since June -. 1916, under the treaty
with he United States, has rot been
raid. Honduras has entered on the
rcrty-fourth year Of uninterrupted de-
fqu!t. and its record in this respect IS
only surpassed by some Of the Southern
States Of the United States Of America.
As 20 Mexico. the condition of affairs
has shown little if any improvement
during the last year
The council reported that nine
etatcs in the United States Of America
orc in default on certain Of their obi =
cctions": that Montenegro has default
ed since the outbreak OF the war, whiIee
Bahia. Brazil, Paraguay, salvador ana
Uruguay are only making part pay
mpnts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Bargaining for
The 1917 Wheat
Crop of Canada
British Authorities Stirred
by Farmers Refusal of
$1.30 a Bushel
Nv :. ROY WEAVER

Toronto. April > There is stlIl a
probability that compromise price
will be agreed upon by the British gov
eminent and the farmers Of Western
Canada for the purchase of the entire
surplus wheat crop Of 1917. The otter
OF approximately $1.30 a bushel for
No. ! Northern grade. and proportion
ate rates for other grades. al Fort
william. has been rejected. The Coun-
Gil Of Agriculture, which represents
large associations Of grain growers,
chiefly in the Canadian West, has in
formed the Dominion government
which Is acting as Intermediary IN the
negotiations. that "thc lowest possible
price acceptable" would be a fat rate
of 10 bushel at Fort william, or
preferably a guarantee Of prices from a
minimum Of $l.5O TO maximum Of
$50.
The British authorities. It IS under
stood. regard the demands Of the farm
err, as unreasonable. and, having ocean
transportation i'm their control, are
equipped 10 do some forceful bargain
ing.
The official Ottawa view appears to
be that the farmers in rejecting the
offer Of $50 are placing themselves in
a position similar to that Of the tabled
dog which lost the bone Of which he
was assured m a greedy cndeayor to
grasp shadow which looked more at
,rootf,o
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
u. S. Treasury Finances

Washington. April THE condition
OF the United States Treasury at close
today showed: Net balance IN general
fund. Se5.318,532; total receipts. w.
5o7.7o6: total payments, s1,7s1.3io.
The deficit this fiscal year IS sos
65e,757, against a deficit of SAG. 'eI'|44
last year, exclusive OF Panama Canai
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Crop Reports

Topeka, Kan, Apr

Topeka, Kan, APfH .
The prospect for large wheat crop
in Kansas is rapidly diminishing be-
cause of cold. dry weather and recent
Winds. The state cannot produce more
than 50 per cent Of an average crop al
hest With favorable weather hence
forth large acreages will be planted 10
corn barley and the sorghums' aho
t,cre will also be an increased acreage
Of oats Rye is not important III
Kansas. D. l. Nun LIN
Secretary Kansas State Board oil As'
riculture.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

With business of such large vol
ume and on such a profitable basis
as has marked the last quarter, 1t IS
not surprising the number Of com
mercial insolvencies in the first quar-
ter Of the year should be the small
est reported for the period since
1910. If figures were available to
show the number of concerns in bust
ness. it might be found that the per-
ccntage Of mortality for the March
ouartcr set a new low record.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
London Wool Market

London. April 1.-The offerings at the
wool auction sales to-day amounted to
5000 bales. 1t was a miscellaneous as
sor.ment of medium and lower grades,
which were readily absorbed. American
representatives will be given an oppor-
tunity to purchase wool next Wednes-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
s19e.5o3.eoo
15o.e14.e1o
103.f36,125
lCO. fOf .fCO
1O5.5e1,35o
1c0.497,425
105.5e1,35o


IN discussing these figures THE
Daily Telegraph" of London, says
that beyond this total there exists a
large amount Of income from abroad
which in many cases cannot be iden-
tilted as such, and is, therefore, in
cludcd in the sum of $2,587 ,424, 43O
appearing under the head of "busi-
nesses. professions, etc, not other
wise detailed 1t includes pronts
derived from industrial concerns
managed in Great Britain, or jointly
worked branches Of banks, insur-
ance companies and mercantile
houses i'm the United Kingdom;
mortgages of property and other
loans and deposits abroad, and prot
its of all kinds arising from business
done abroad by manufacturers, mer-
chants and commission agents resi-
dent in the United Kingdom.
How the income from oversee in
vestments-exclusive Of that which
cannot be separately distinguished
has expanded in recent years IS
shown below:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

The above rates express the cost OF
foreign money in terms of the Amerl-
can dollar. You buy ar English pound
sterling for $4.75is; the intrinsic par
itv is t4.SGSs per pound. Thus, you
saw either that pounds are at a dis
count or that dollars are at pre-
MUM, which is owing to the fact that
in England the demand Tor dollars
with which to settle accounts in this
country is greater than the demand in
this country for pounds VITA which to
settle accounts in England
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
The Dollar in Foreign Exchange

Little business was transacted in for
cicn exchange yesterday. pending de-
vclopments at Washington. Rates as
rulc were unchanged. Those quoted
for Teutonic exchanges were nominal.
Closing rates yesterday, compared
with week ago, were a. follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

changed. with loans on industrial CO..
lateral ruling AZ : to.it. per cent, and
loans on a mixture Of railroad ard m
dustrial sec, rites ranging from 81
90 : per cent. depending on the ma
turtles. Call money was in plentiful
supply at ~. per cent, unchanged from
Friday.
Ruling rates on money yesterday
compared with wear ago, were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Gold Currents.

Gold Currents. - An aggregate OF
$4,000. 900 was imported from Canada
yesterday for the account Of J. ?.
Morg9n & Co.. representing the Brit
ish government. OF this, S15,000.00O
was shipped to the mint at Philadel-
phia and the remaining s1O,0O0.000 was
deposited at the United States Assay
Office in this city The days receipts
brought the total for the year up TO
1925. 100 900. and since January /, 1910,
to S1,433.2OO,OO0.
Two telegraphic transfers, involving
s1.274.OO0. were made through the
local Sub-Treasury to San Francisco,
and that amount of gold will be eX-
ported from the Coast to Japan.
Par Collection of Checks. The sys-
tern of collecting by express checks on
such state banks and trust companies
in the district which heretofore have
refused TO remit at par was put into
effect yesterday by the Federal Re-
serve Bank Of New York. Items drawn
on such banks will hereafter be pre-
scented over their counters for pay
ment, and if not paid in full will 90
20 protest. Considerable opposition
has developed to the new arrangement
from banks which have insisted upon
the retention Of exchange charges on
checks. 1t was stated Yesterday that
a rumber of banks which have opposed
the new scheme nave agreed to Try II
out for thirty days. If at the end Of
that time they find it Instantaneous
they may Withdraw and work out diff
ferent arrangements.
Municipal Bonds in March March
borrowing by states and municipalities
was restricted. due TO the tendency Of
borrowers to await, wherever possible,
an improvement in the money market
The recent decline in selling prices Of
municipals. SAYS "The Daily Bond
BUYER" of New York. was well illus
tratcd by the sale of S4.400,000 City
OF Cleveland 4l2s at prices TO yield
about IA per cent. Prior to the diplo-
matte break with Germany this same
city sold bonds on a 3.89 per cent
basis. It is stated that until the long
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

There we're 500 .7S6,92l pounds of cot,
fee. valued at s65,l76.3l0, involced at
the American consulate at santos
Brazil. for the United States during
1916. compared with 72799l ,OSS pounds
valued at So ,43l ,99l for 1919.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

Some striking figures relating to
British investments in foreign lands
and the income derived therefrom up
to the early months Of the war have
been received here. They are from
the compilation of the British In
land Revenue Commissioners for
l915-I6. So far as can be identi-
fed. the income from such invest
ments amounted in l914-'15, the lat
est period for which details are
available. to SG59.635, $40, distrib-
uted as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

Since the year covered by The re-
port Great Britain has parted with
o large portion of these foreign IN
vestments. They have been sold or
pawned to help pay for the war.
This has cut off large part of the
dividends and interest received from
foreign stocks and bonds, partlcu-
larly American investments.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
special 10 The rribunel
.SprinnfeLd, III. April 2.

NDrINgVtlU, III'' TP7W -
The condition Of winter wheat is %
rer cent of normal One-thrd OF the
area seeded has been winter killed
b. VI. DAWSON.
Secretary Illinois State Board OF Ag-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Yesterday. Year ago
81 % > o.
Commercial Paner. Trading in

Commercial Paper. Trading i'm COM
mcrcial bills is light and the offerings
are small. The best six months paper
is quoted at I to q, rcr cent.
Official rates of discount Of each OF
the twelve Federal districts are a. fc'-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

Below is given the current exchange
value o. foreign money N dollars aa9
CENTS, together with the intrinsic gold
parity. as calculated by :he United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

Foreign and colonial GO
eminent -ecurities......
Foreign and colonial com
panies and corporations
Foreign and colonial cou-
Investments not taxed at
the hands Of agents. bank
crs or coupon dealers ....
Profits OF railways owned
AND worked by British
companies with the scat
o. management IN tho
United Kingdom. .......
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Bank Clearings. The Gays clearing
sub Treasury.

sub Treasury. - New York banks
gained from Sub-Treasury S9,36S.000.
Sil' Bars in London, 36's pence;
New York. 74is cents; Mexican dollars.
81, cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03

expected issue Of United States gov
eminent bonds is made II is unlikely
that the market for munlclpals viii
show any material Improvement. Last
months sales OF municipals totallcd
s3o.773.27s. against S2S357 ,595 year
ago. In the first quarter Of the cur
rent year the total sales were S9"-
G26620. the smallest amount since the
IT, ...,.,,I 81 1Ot
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-03
Fractional Lot Servies

Orders executed in any amour, Of S'oeh
and Bonds for cash.
We carry 10. 20 or 30 share lots OF sea-
,on,d safe stocks. dealt IN on any OF The
Exchanges. on margin.
On the Consolidated Exchange all OUT
orders, reports and quotations are TRANSMITTED
by signal, aaordlns instantaneous service
Certified accountants statement Of auo'
Of our books published quarterly.
Wilson Z Chardon
Members Consolidated STOCK E1chans. o. \. L
So Broadway, New York
Telephone Broad 1886
Monroe City Democrat., 1917-02-03

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Monroe City Democrat., 1917-02-03

1 By hn,
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Monroe City Democrat., 1917-02-03
hOl
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Monroe City Democrat., 1917-02-03

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Monroe City Democrat., 1917-02-03

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Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26

with lead on the diagonal starting line
are buoyed up in feelings and they will fight
like fends before they will let the other
crew get by.
In other respects the Schuylkil course
has distinct advantages over almost every
other rowing stretch in America. It is rare
indeed that the Schuylkill is rough enough
to give any trouble whatever to the fraiest
shells. There is no tide--the course being
on virtually still water. as there is a dam
just below Boathouse Row.
Furthermore the splendid driveway di-
rectly along the bank gives an unobstructed
view of the races to those in automobiles
and on foot along the course and at the
finish. And the hotel accommodations are
better than at any other boating centre
An excellent mile and hve-siXteenths
Gourse further up the river that would have
the starting and finishing lines straight
across the stream and parallel easily could
be laid out Hcr ever. the authorities are
loath to move tb curse up the stream on
account of the island near the present fin
ish, which is a great vantage point for thou
sands of Philadelphians at every regatta
Last year. just before the American Hem
ley. there was much adverse comment as
to the diagonal starting line. and after the
Yale-Pennsylvania races recently there was
still a great amount Of criticism. The pop-
ular distance for early college races and
amateur regattas is the Henley one and an
ideal stretch can be laid out on the Schuyl-
kill.
If this Is not done the PHILADELPHIA
course may be passed up in many instances
when rowing meets are being arranged
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26
TRIO OF STELLAR
SLABMEN BUMPED
Rudolph and Cicotte Suffer
Same Medicine as the
Great Alex
ALL TOOK TO SHOWERS

Three star pitchers today are wearing
hicks in their crowns. Grover Cleveland
Alexander, Philly sparkler; Dick Rudolph,
bald halter of hits for the Braves. and
Eddie Cicotte, knuckle ball. no-hit demon
of the White Sox. are we'll acquainted now
with the 1917 sensation of being addressed
to the shower
The Giants, pointed for worlds series
money next fall, fell on Grover: the Dodg-
ers remembered they are champions and
landed on Rudolph, and Cicotte took his
off the Indians.
Alexander had terrible time. He got
away to one-run lead in the second in
ming, saw the Giants put in the rear with
three in the third, and then watched his
team mates tie it in the third The Giants
got another in the fourth and then the
Philles gave him four-run advantage II
lasted until the seventh. when the Giants
got another run. Then the mighty Alex
forgot everything Four Giant runs scam
pered over and Alexander took his bath.
After the Dodgers had trotted out their
entire batting order for Rudolph In the
second inning they followed 1t in the sew.
enth by Immediately starting to load the
bases again. Art Nehf rescued the weary
| Rudolph.
Cicotte got start on the other two. After
seven hits and the Indians total quartz
| of runs had greeted him in six innings, HI
| was given three innings the best of 1t IL
| the White Sox dash for home. Reb Russell
! drew the relief job, and Danforth finall,
| finished it,
1t was some day for the star curvers.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26
ONE CREW HAS ADVANTAGE IN RACE
OVER THE HENLEY ON SCHUYLKILII
Angle at Start and Finish Has Mental Effect on
Men in Boat Behind-Otherwise Local
Course Is Advantageous

THE historic Schuylllll River course.
l. with it's rowing traditions-which IN
clude those of the great Centennial Regatta
and of many university races and ma
tonal champonshps-is in danger Of get
ting a severe jolt if something is not done in
the near future to eliminate the diagonal
starting and finishing lines of the Henley
distance section of it.
With the starting line on the angle. which
1t has now. instead of being straight across
the river, as it should be, one crew has a
decided advantage over the others at the
start. While 1t is true that the eastern and
western courses are of exactly the same
length still the mental effect on both the
men who are starting ahead and those who
are commencing the journey behind Is tre'
mendous.
In boat racing more than in any other
sport does the psychological effect OF peihg
behind count against "a man. In all other
branches of athletics those behind, in actual
position or score have at least look at
what is going on with the leaders, ana more
or less accurately. can tell how the battle
is going In rowing not q man IN the
hindermost crew-after the rudder OF the
leading boat gets out of his side vision
knows a thing about relative positions ex-
cept what he gets from the coXswaln, VINO
notorously is a polished liar as to dis-
tances when he is urging his men or
On the other hand, the men that go OF
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26

port In the deans office-a splendid record
for man so busy athletically.
But to get back to Berry's work In a
single day. The alarm clock brings him to
semiconsciousness at 1880, but all it gets in
return, for it's first ring is the blink of one
eyelid. When it sounds the second time, five
minutes later, he crawls out of the hay"
dresses, breakfasts and dashes down to
Logan Hall In time for an $3.50 class. He
listens to lectures and recites until 1890
p. m Then a sprint for the training house
and lunch.
Lunch over Howard jumps into a track
suit and throws the javelin for about half
hour and then hurres to the showers to
make las class. Back to Franklin Field
after class. and at 2:40 he's out on the
field tossing the discus in high arcs. After
throwing the discus around for several min.
utes he goes over to the jumping PIT and
practices his take-off and leap. after which
he reports to Coach Lawson Robertson
and learns the distance which he is re-
quired TO run that particular day. He
warns up and takes his sprint.
Baseball for Two Hours
At o'clock he is in baseball uniform
and prancing around shortstop on the var
sity team. He is detained on the diamond
until close to 6. After dinner at the train
ing house he hurries off to some fraternity
scholastic or athletic meeting and O'Clock
usually finds him in the library boring
over some assignments for the next day
Being that the library closes at 10 o'clock
Howard goes to his room at that time
and continues his studies until IL or pos
sibly 1880. Then he turns in and takes
the sleep of the deserving.
Berry the untirng, is the man you'll
see defending his pentathlon championship
tomorrow II you wander out to Franklin
Field and deposit the price of admission
at the box office. Also he is the same chap
who will run on the one and two mile
teams for Penn on Saturday. Here's luck
Howard!
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26
.RUETHER MAY BE
ANOTHER SISLER"
Young Coast Southpaw Is
Setting a Fast Pace
With the Cubs

have the Chicago Cubs another George
ssier in Walter Ruther, the young coast
~athpaw?
q, nether made 1t three straight wins Lor
ne North Siders in the getaway series
ssainst the Pirates, following the pace set
vaughn and Douglas in the hrst TWO
combats.
sitting on a big league bench TOT tne
nrN time and listening to words OF en-
,svurasement by Manager Mitchell hutner
.osined lot of things. and when ne was
.oia TO oppose one of the star Ringers ..
~, me league--A Maumaux-he never ios'
MS nerve
While the Pirates were the first to score,
IN q walk to Schultz. hit by Hincnman
Snd double steal. Ruether frightened w
Use clam. Ais told, but six hits were
1'ade on his delivery. and four came IN tns
sssy Tour innings and the other two In inc
sa@s rna session, after the Cubs had one
The Cubs made .Mamaux look like . no
~ xhcy damned his shoots All oves ~
~ oppnipe pspsion totaling M nve
~ f2r 92ee "a y 4
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-04-26
HARRY SMITH WINNER
IN HARRISBURG BOUT

HARRISBURG. April CA new boxing club,
the National A. G.. opened last night win
bir crowd was on hand to see the show.
Herman Taylor. of Philadelphia. appointed
matchmakcr by Jack Could promoter OF the
club sent Harry Smith, the fighting youngster
from the Quaker city. against Figntins I.s,
md fhe fans were thrilled ~ the ferocious
fght staged by Il, little feaiay|i !. 49,.
'eSn,ith won :, "a clean-cIi margin In ten
s,asbinE rounds. The Philadelphia youth never
Snnght better I'm his career than he did last
nigbt nd he made big hit with the rams he
rrinped left hooks across to Murrays head win
iirhtning rapidity. and he also bafned the
Gotham kiddo with stiff right jab
In the semiwind-up Dick Gotwalt or fptR fDptR
ouiclassed Tedde Lewis. Of Baltimore. Ihe
iatter was forced to stop in the second round =.
In the second preliminary Eddie Dugan. OF
baltimore had many pounds weight advantMass M
n"nr Young Sdel of York, Pa, but the 'lad
from the White Rose city won by gallant
uphill fight. -. ., r,,.on ~
SteeIton. made Young Munson, OF Baltimore
quit in the first round.