davidaulloa/AmericanStories huggingface dataset:
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
After years of litigation regarding

After years of litigation regarding
large sums of money and constituting
what is probably the longest case ever
tried in Rock county, Judge George
Grimm has handed down decision in
the case of Hayes Brothers and Peters
against the National Surety company,
granting judgment of over $87, 900 in
payment for work done by the firm on
the Belle Fourche reclamation project
in South Dakota. The history of the
case reveals battle over myriad of
legal and contractural technicalities
which has been waged pro and con at
intervals since December, 1918. Up
wards of fifty separate points were
brought up in the defense, and the
briefs filed by each side totaled over
500 typewriter pages. After the or
iginal contractor on the project failed
Hayes Bros. were secured by, the surety
company to complete the contract with
the government.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

REMEMBER that the British now have
to their credit long series of local
successes. They have in the last year
captured at least 5000 German pris-
oners, probably nearer 100, 900, with a
loss of less than 10000 prisoners them
selves. They have taken between 400
and 500 guns without losing single
piece, and they have driven the Ger
mans back at all points when they have
attacked. They have established an
artillery superiority frankly conceded
by the Germans. And here, for the
present, it would seem the western sit
uation must stand. It is waiting, be-
lieve, for the arrival of sufficient Amer
lean troops to give the allies in the
west that numerical superiority in re-
serves necessary to bear the great
losses incident to general, sustained
offensive like the Somme, which cost
the British and the French not less
than 100000 killed and wounded, and
: the Germans between 100000 and 700,-
600. Review of Reviews.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

FRANCE is wild with joy; John Bull
feels better, and the Kaiser is grinding
his teeth. The victory of Dewey at
Manila did not send a greater thrill
through the nation than the brief mes
sage which Washington received last
week, announcing the safe arrival of
our regulars and marines. Taking into
consideration the part the German u
boat is playing in the war, safe trans
portation such as the navy has con-
conducted, must be regarded in the
light of victory. 1t has remained for
the United States to set new record
for the transportation of troops where
is the pessimist who said it couldn't be
done?
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
The Swiss Admiral.

'sAs much business as Swiss admi-
rail- is term sometimes used satirical-
~. But the little inland nation actual
ly had an admiral once. He was az
Englishman, too, Colonel Williams,
who joined the Swiss colors in 1893.
This Colonel Williams got together a
small fleet on Lake Zurich and was OF.
dered to oppose the French army, which
was preparing to attack the Austrians
and Russians massed near by.
The French attacked their allied foes
and routed them. Admiral Williams
calmly watched the battle that was in
progress on land Then, enraged at his
own inaction, he discharged his crews,
scuttled his vessels and went back to
England
Switzerland now has one armored
boat on Lake Lucerne, but its COM
mander is only captain.-Kansas City
Star.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

PATRIOTISM found her war footing at
Rockford, ILL.,, June 10th, when in the
most grimly enthusiastic conference in
local history, 1898 acres of farm land,
comprising 19 valuable estates, were
relinquished to Uncle Sam to be con-
verted into the cantonment for the Illi-
nois division of the new national army.
Rockford plans, in cooperation with
federal authorities, include the estab-
lishment of ten-mile moral zone about
the cantonment, in which all vice will
be rigidly eliminated.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
Gard of Thanks.

To the. many friends who so kindly
assisted us in various ways in the last
illness and death of our loved one, we
wish to return thanks. We are es-
pecialIy grateful to the friends who
sent flowers and blooming plants to
brighten up her sick room the last few
weeks she lived; the Ladies quartet for
their sweet singing; to Pastor Sayre
for his words of comfort, and to the
societies and friends who sent such
beautiful floral gifts for her last rest
ing place.
Henry A. Head,
M L. Head and Family,
Matte H. Williams and Family.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
Unclaimed Letters.

Letters remaining uncalled for in the
?. o. at Edgerton for the week ending
July II, 1917:
Mr.. Ole Gilbertson
I. S. Henke
Mr.. Ferdinand Jacobson
Mr.. L. S. Nyhart
Persons calling for any of the above
named letters please say advertised. !"
G. A. HoEN, P. M.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

ONE of the first things which the fed
eral shipping board finds necessary for
the rehabilitation of the American mer-
chant marine is to modify the provis-
ions of the La Toilette seaman's act.
When the measure was before congress
there were those who objected that
whatever the benevolence of its inten-
tion it was lacking in practicality at
certain points.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

IF THE quantity of new laws is the
basis to judge the work of the legisla-
ture, now about to adjourn, by, then
they have done whale of business.
The law supplement of 1917 is said to
make about 275 pages. If you can
think of subject that hasn't been leg
islated on, remember the lawmakers
meet again in 1919.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

We hereby express our sincere thanks
to the neighbors and friends and es-
pecially to FL. G. Schmeling and wife
for their kindness and sympathy after
the death of our father, Mr.. August
Lemke. The Family.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
Congregational Church Notes.
MARVIN r. BRANDT. MINISTER

The usual services will be held at the
Congregational church next Sunday.
Church school meets at 10 O'Clock.
The pastor will preach at the morn
ing service. Subject, Nevertheless. !"
The evening service will be a union
outdoor service with the Methodist
church, between the Pomeroy and Nab
bett warehouses. Mr.. Hooton will
preach.
Strangers welcome at all services of
this church.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

To the many friends who kindly lent
aid and sympathy during the illness,
death and burial of Martin Voog, we
desire to return our most sincere thanks.
Mrs. Martin Voog and Family.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

House to rent. Inquire of M. Fl.
Cunningham. Phone ZIP Red.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

Place your orders now for early
Richmond cherries. Phone No. 302 F.
Is. Morris M. Hartzell.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

DR.. j. B. Miller's dental office will
be open Saturday afternoons. as usual.
30t4 DR.. j. B. MILLER.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13
Dental Offices Closed

Saturday afternoons during June,
July, August and September.
DR.. /, l.. HOLToN,
Or. . d. HYLAND,
DR.. f G. MEYERS,
29tf DR.. F. s. MILLER.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1917-07-13

Two office rooms to rent in the new
Pringle block : Pringle Bros. Co. Stiff
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

Mint. the government bought 2OO'Ooo
ounces Of silver from the American
Smelling Company at 72@. cents an
ounce for delivery at the San r ran
cisco Mint. At the same time 2OO'ooo
ounces were purchased from the Amer
lean Metal Company at 1914 cents Tor
delivery at the Philadelphia Mint last
week 400 900 ounces Of silver were
purchased from tine American Smelling
Company. Half Of the metal was taken
for delivery at the San Francisco Mmt
At 73 cents an ounce and half for de-
livorv at Philadelphia at 1924 cents
an ounce.
The quotation for bar SILVER yester-
day was 74h cents, which compares
with a high two months ago OF -
cents and a recent low of around -
cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Elections

The Public Service Corporation of
New Jersey, at the annual stockholders
meeting. reduced the board of directors
from twenty-one to eighteen members
by a decision not to fill the vacancies
caused by the retirement of George j.
Roberts and ?. +. Wanser and the
deaths of John j. Burleigh. Edgar b.
Ward and F. w. Roebling. At subse-
ouent meeting OF the board Randolph
Morgan. A. B. Kuser. +. W. Wakelee
and Percy s. Young were elected vice
presidents. T. w. Van MiddelswOrth
was elected treasurer. William 5. Bar
ler controller and Farley Osgood. vice
president and general manager of the
Public Service Electric Company. John
L. O'Toole and Dudley Farrand have
been appointed assistants to President
Thomas y. McCarter.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Tuesday, April 8, 1917

Presidents Wilson's message was
received with enthusiasm in the
financial district, because it gave
definite expression TO the general
sentiment prevailing there, and also
because it seemed to many to presaGe
the end of indecision in finance as IN
other things. For weeks the security
markets have been in a state of sus-
pense, which precluded operations on
more than a limited scale. An i'm
mediate renewal of activity is by no
means certain. however. 1t would
not be surprising if the dulness
should continue for a considerable
period. There arc still many con-
ficting factors in the situation, and
some time must elapse before it will
be possible to gauge developments IN
terms Of business and stock market
activity. but there is at least reason
able assurance that things will cease
drifting and take a positive course.
Elimination Of the feeling of uncer-
tainty which recently has threatened
to result in a serious reduction IN the
volume Of business will be welcomed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

Those portions of the message re-
lating to the extension to the Allies
of liberal financial credits and to
the desirability of financing the war
to as great an extent as is Equitable
bv taxation aroused much interest IN
financial circles. As for the first
proposal. that has been under discus
sion for some time, and has met with
widespread approval. 1t is generally
agreed to be the easiest and most
practical way of rendering imme-
diate assistance to the Allies. Even
though the government will itself
need large sums, there is no question
Of our ability to provide all the funds
which may be required to finance
Allied purchases in this market. The
proposal to meet a large part of the
wars cost by taxation will probably
be approved by the majority. though
there will no doubt be considerable
opposition. If it is adopted an ear
nest effort should be made to see that
all bear a portion of the cost. 1t will
not suffice merely to increase the In
equalities of the levy by raising the
income tax and "excess" profits tau
rates. In addition, the point of eX'
emption on the personal income taN
should be lowered as far as is prac
ticable. Certainly, all those with in
comes exceeding $1,000 should be
compelled to directly contribute
portion of the expenses of war. Thai
would have the triple advantage OF
increasing the yield, reducing present
INEQUALITIES in taxation and inducing
people to economic. The latter is
perhaps the most important. Perusa
of the various estimates of nationa
income suggest that the entire cost o.
war might be met by taxation with
out causing much real suffering. MOI
would there be much protest if thu
burden were equitably distributed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Relevant Facts

National Conduit and Cable Millet
Roe G. Hagen and Prichett & Co., man
ayers of the syndicate which under
wrote $4,000 shares of the National
Conduit and Gable Company, announced
yesterday that the subscription books
had been closed. The stock was offered
for public subscription at s35 a share.
American International Corporation.
The complete pamphlet report OF the
company. issued yesterday. showed net
earnings Of $2,4S3, 943. After providing
for preferred dividends at the rate of
So a share on 10000 shares the balance
was equivalent TO So a share on 100000
shares Of common stock outstanding.
Contracts now on the books Of the New
York Shipbuilding Company total Sac
10000.
Government Copper Purchase Among
copper producers who Will partici-
pate in the contract to supply the gov
ornment with approximately 100000
pounds of the metal, at an average
selling price of about l6 cents a pound
lesides those heretofore mentioned, are
the following concerns: Nevada Con
solidated Copper Company. East Butte
Mining Company, Calumet and Arizona
Mining Company, United Verde Exten.
-on Mining Company. Old Dominion
Copper Mining and Smelling Company
and the Magma Copper Company.
United States Steel.-A statement to
the effect that plan for splitting the
United States Steel Corporation into
four parts is under consideration was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Bethlehem Properties
To Be Consolidated
Stockholders Authorize $780,,
100000 Issue of
Bonds

Stockholders Of the Bethlehem steel
CORPORATION. at the annual meeting held
Yesterday, voted their approval of the
action Of the directors in making an
agreement with j. & W. Scligman bank
crs. TO undcrwrite the issue of $l5,000,-
600 new Bethlehem Steel common stock
recently sold under the capital read
justmcnt plan. The opposition OF Clar-
cncc II. Nenncr. of the General Invest
ment Company Of Maine, who objected
70 most Of the proceedings, was over
ruled.
Harry Bronncr, c. Austin Buck, Allan
4. Ryan and Charles VI. Schwab were
reelected as directors for term of
three years, after Mr.. Venncr placed
the names Of j. F. Morgan, Henry P.
Dawson. Charles steele and William
II. Porter before the meeting as his
slate. Venner voted 100 shares of stock.
The directors we're authorized by the
stockholders to issue bonds not to eN-
coed 5000. 100000. Mr. Grace, in ex-
plaining the proposed blanket mort
cage. minated it was the expectation
of the directors to do away eventually
with the holding company and to con-
solidatc all the Bethlehem properties
into one concern.
Business on the books Of the Beth
lchcm Corporation, Chairman Schwab
said. exceeded S25O,OOO,OO0.
President Grace read statement to
the stockholders setting forth the de-
tails Of the new stock issue. Charles
NJ. Schwab. who participated in the
underwriting to the extent of $1,000
600. received $4,000 as his commits
sion.
Mr.. Vcnncr entered vigorous pro
test to the bonus system of paying
employees. Chairman Schwab, IN re-
plying, said: During the last SIX years
| have had a good opportunity of see
ing the benefit TO employees and to the
business Of the bonus system, and !
am convinced that the great prosperity
of Bethlehem Stel is due to il. 1t has
been a good many years since ! have
been in control of steel manufacturing
property. Thirty years ago, when
managed the Homestead works. | intro
duced the bonus system, and when |
became president Of the Carnegie Steel
Works practically the same system was
introduced. The Carnegie bonuses ag-
cregated sometimes as high as 40 per
cent. whereas the bonuses given to the
Bethlehem Steel employees never aver
AGED higher than per cent. Com
ment has been made on the size OF last
wears and the present years bonuses;
amounting TO nearly 8 per cent, and
some suggestions made that the same
should be reduced in time OF high
wages and great prosperity: II | were
one of the men. and was asked TO nave
nv bonus decreased in times OF pros
peritv, | would certainly expect 1T to
be increased in times OF adversely
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Silver Not Affected by
Government Purchases

The price Of bar silver Ugs unaf-
fected in this market yesterday by the
announcement that the United States
government has resumed the purchase
of the metal FOR coinage purposes.
Bullion dealers said that unless the
government purchases were largely in
creased or continued over a long
period, they would probably not be
much of factor in the silver market.
On March %. according to the an
nouncement of the Director of the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Money and Credit

A broader inquiry for money on time
combined with a slight contraction IN
the offerings Of lending institutions
has impaired hrmness 10 the market
Yesterday, the ruling rate for loans
based on industrial securities as col
lateral ranging from AZ TO ~ per
cent for four, five and six months. No
quotable change was noted in the mar
kes for loans based on n mixture OF
railway and industrial securities. Call
money was in liberal supply and most
Of the days loans on the Stock Tx
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

Though Wall Street has no doubt
that Congress will act promptly and
favorably upon the Presidents rec
concentrations, there was a noticeable
absence of excitement on the stock
market. Prices opened well above
the previous days close, with Steel
common as high as 1881. but after
brief period Of activity the market
settled down, and for the rest of the
day trading was almost if not quite
as apathetic as it has been during
most sessions in the last few weeks.
SO far as could be learned, "out-
siders" took little part in the days
dealings. There is not likely to be
much public participation in the I'M
mediate future, while the chances for
ANYTHING like such wild speculation
as that which began in 1915 and
lasted through most of last year seem
very remote. Industrial companies
will make no such eXorbitant profits
out of the governments needs as
they did on war orders for the Eu-
ropean belligerents; or, if they should
make more than fair profit, the eX-
cess will probably be taken away from
them through an increased tax on
profits. 1t seems more probable that
besides raising taxes the government
will fix prices on the things it must
buy which will allow the producer
no more than a reasonable margin
of profit. That, perhaps, was one of
the things President Wilson had in
mind when he said that war will in
volve the organization of the coun-
try's resources "to supply the mate
rials of war and serve the incidental
needs of the nation in the most album
dant and yet the most economical and
efficient way possible"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Dividends

Union Oil Company of California Kegu,
lar quarterly dividend OF $l.oo per S knr;I
d a. 10 a" stock Of rccord March 81.
,..h;son Toncka & Santa Fe Railway
an.''Ia, a,,artnrlv dividend Of Il per cent
nn its common stock, payable June to
stock of record April 30.
Fajardo Sugar. Usual quarterly DIVIDEND
Of 81 per cent. payable May l to holders
Of record April %.
Kentucky Securities Corporation. .Ke2ulsr
ouarterlv dividend of ! , per cent on inc
preferred stock, payable April 10 a. regis
tered April I.
Oklahoma Natural Gas Regular quarter,
=. Si'';dond Of ~ per cent payable April
% 70 holders Of record April 3.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
u. S. Treasury Finances

Washington. April 3.-Condltion OF
the United States Treasury at close 70,
dav showed: Net balance in genera
fund. se5,135,71e; total receipts, S''-
o44 4s5; total payments. s2,eS1.317.
The deficit this fiscal year IS 100,
1896 COG. against a deficit of $4s'4I3'soV
last wear. exclusive of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

The above rates express the cost OF
foreign money in terms of the Ameri-
can dollar. You buy ali English pound
sterling for $4.751; the intrinsic par
ity is $4S6M per pound. Thus. you
say either that pounds are at 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 ia 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, 1917-04-04
News Digest
Foreign

Relief Felt in London linancla,
Circles. London, April 3. Presldeht
Wilson's speech caused a feeling OF
satisfaction in financial circles mere,
as it is recognized that the raising o.
necessary credits will be considerably
facilitated. New York exchange wa
firm to-day. and Paris improved on tne
belief that action will be taken re-
cardinp the exchange position. In tHe
monov market it is the opinion tna'
ne soon as Americas financial pian'
are disclosed the bank rate VIII nc ~"
cred .,o
Tho stock market had good to .,
on the Presidents address, and Whlic
no spectacular buying occurred ie'i
inc of ouie. confidence preYaileu'
Allied bonds we're frmcr and American
rails were marked higher, with re"
transactions in securities not rcqu,S'
toned for exchange purposes. huDDe'
stocks we're firm. "a
Moncy was in good demand at 81
per cent. Discount rates were lnclineo
to sag. with short and three months
bills Az per cent.
Paris Bourse. Paris, April Sra
inc was dull on the Bourse to-day
Three pcr cent rentes. 81 francs ~
confines for cash. Exchange on Lon
don. q francs rs centimes.. rive per
cent loan. 80 francs 80 centlmes'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

Western Electric At special meet
ing Of the stockholders yesterday, It
was voted TO increase the preferred
stock of the company from Sl5,0O0,0O
to 100000. 900 by the issuance of l50,-
GOO extra shares. Ii is part Of the
plan that thc holders OF common stock
will be entitled to subscribe at par for
the new preferred issue to the extent
Of their present holdings Of common.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
The Dollar in Foreign Exchange

French exchange advanced sharply
yesterday on the prospect Of the
United States entering the war Francs
rose TO $50 to the dollar, the highest
since 1915. Italian lire also improved.
The rest of the market was dull and
barely steady.
Closing rates yesterday, compared
with a week ago, were as follows:
Wapk
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Quotations nominal.

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, 1917-04-04

change were made on a basis Of 2il per
cent. compared with 2ls on Monday.
Ruling rates on money yesterday
compared with a wear ago. were as fol
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04
Commercial Paper. Trad

Commercial Paper is AZ a
standstill and rates arc unchanged at
4 TO Ar per cent. Sentiment is better
as a result of the Presidents message.
Official rates of discount of each Of
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-04

Western New York & Pennsylvania
Railway. -The annual report for 1916
shows operating income of Sl3,6S2,4 lO,
an increase Of S2,s1O,565 over 1915.
Net revenue totallcd $2.S51 ,Os9. an in
crease Of S2.fG6,lll.