davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Hieher Rates Asked
By Canadian Roads

All the leading railroads in Canada,
according to advices from Montreal
have applied to the Board Of Railway
Commissioners for increased freight
rates and passenger fares. Higher cost
of fuel. materials. equipment and labor
are made the basis for the applica-
ton. The roads ask authority to ad-
vance tariffs IS per cent on all class
and commodity rates except coal. such
advances to become effective on less
than thirty days notice.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Gold Exported by
Japanese Bankers
Transfer of $3,250,000 from
San Francisco to TCkio
Is Arranged

japanese bankers here arranged yes
terday with the United States Sub
Treasury for the Geographic transfer
to San Francisco Of s3,250,0OO. That
amount of gold coin will be shipped
from San Francisco on the next steam
ship sailing for Japan.
The latest export Of gold 10 Toxic
brings the total shipments from the
United States to Japan in the last
eight months up to approximately S45'-
100000. This movement has taken
place despite the efforts on the part pf
the japanese financial authorities =
check il, for the reason that Japan al
ready kas as much gold as she can use
profitably.
Bankers said yesterday that Japan
csc commercial interests are again
piling up large gold balances IN the
United States, as a result OF the heavy
balance Of trade in their favor. II -
understood that most of this will he
kept on deposit here and used in the
extension Of japanese commercial IN
terests in this country.
Recently leading japanese oanks, IN
Guiding the Yokohama Specie Bank, the
Mitsui Ginko, the Bank of Chosen, the
Bank of Korea and other important
commercial institutions have been ac-
tive in enlarging the American connet-
tions Of japanese business and finann-
cial interests. The plan is to consoli-
date and hold for Japan after the war
much of the trade now carried on be-
tween the two countries.
In the last year Japan has on two
occasions turned over TO Great Britain
a sum of S5O,O00,000. making 100000
600 in all, of the gold accumulated here
for japanese account. The fact that
Britain and the other Allied countries
will obtain large credits from the United
States makes unnecessary any further
transactions of this character
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Allies Get Bank
Credits to Pay
Current Bills
Local Institutions Advance
Large Sums Pending Issue
of Government Bonds

Pending the actual transfer Of funds
10 the Allies by the United States I'M
der the arrangement whereby this
country is to lend the members Of the
Entente $4,000, 100000 in new credits,
Great Britain and France are financing
their day to day needs in this market
by means of call or demand loans OBJ
tanned from the banks and secured by
the deposit of securities as collateral.
1t was estimtted yesterday that such
loans outstanding in this market at
the present time run from 800, 900
to s15OOOO,OOO.
Credits About Exhausted
Two months have elapsed since Great
Britain borrowed here last with a loan
Of $3.50, 100000. One month has elapsed
since the French borrowed 100000, 1000
in this market. 1t was pointed out yes
terday that practically all of the funds
raised in these loans have been eX-
hausted owing to the continued heavy
purchases for Allied account, while IN
the mean time Great Britain has ceased
the shipment Of gold to the United
States. Inasmuch as the current needs
IF the Allies have not diminished TO
any marked extent, funds must be pro.
vided to pay for the purchases, and
this is done through the medium of call
loans arranged with local banks. The
rate charged on such loans is some
what above the rate for call loans at
the Stock Exchange, but nevertheless
is still considerably under the rates
paid on recent British and French note
issues.
Early Help for Italy
It is stated that as soon as the pro-
ceeds of the United States Government
$4,000, 100000 credit to the Allies be-
come available, the call loan opera
tions will cease. It is believed that, as
reported, the first credit granted will
be made to Great Britain and that an
early announcement to this end might
be expected. 1t has been understood
that Great Britain and France would
jointly administer the funds raised by
the American loan. distributing them
among the other Allies as they saw fit.
That Italy will come in for a substan.
tial amount has been foreshadowed for
2 fortnight by rapid Improvement in
the Italian exchange position. the rate
on Rome rising to $50 lire TO the dol
lar. compared with a recent low record
of around 100.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Tuesday, April o., 1917

Since the export balance in our
trade with the Allies in Europe con-
siderably exceeds the net balance in
trade with all countries, the March
figures indicate that Allied pur-
chases i'm this country exceeded their
sales to the United States 10y APP
proximately S300,0Oo,O0o At that
rate the three billions in credit
which have been provided for the
Allies by Congress would suffice TO
cover their needs in this market for
ten months. It is a foreCone con-
clusion. however. that they will buy
much more freely now that the tinan-
cial problem has been solved for
them, and, unless the government
should intervene, probably on a ris-
ing scale Of prices. Therefore, it
does not seem likely that the three
billions viii last for as long period
as ten months, especially as a large
amount Of it will be utilized to pay
off temporary credits granted by
bankers to provide for current needs.
It is estimated by bankers that such
credits already amount to anywhere
from S1O0,0O0,OOO to S15O,0000Oo,
and that this sum will be consider
ably increased before the proceeds
Of the impending loan become avail
able.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

Money rates reflect the govern
ment's initial war borrowing opera
tons. The days market for demand
loans at the Stock Exchange saw an
advance in the rate to 3$4 per cent,
which compared with a prevailing
rate during the last month Of 2l2
per cent. Most of the loans ON call
were placed, however, at "a per
cent, but the fact remained that the
rate reached the highest level since
the peace panic" of December, when
demand loans rose to 10 per cent
for brief period. The explanation
for the furry in the rate is the
proximity Of the date on which pay
ment must be made by the banks
for their participation in the $780,
100000 issue Of United States Treas
ury 3 per cent certificates of in
debtedness. Further offerings Of
these securities are expected; in fact,
it has been stated that an additional
S50,0O0,0OO of the certificates have
already been arranged for. With
the payment due on the first block,
banking institutions have been COM
PEELED to restrict, temporarily at
least, their lending operations both
on call and time, which has tended
TO stifFen rates all along the line,
despite the fact that the demand is
comparatively light. A revised esti-
mate places the amount Of New York
banks participation in the Treasury
bin issue at upward of $1OO,000,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

showed an increase of S52,4O7,3 1874, or
over SO per cent.
Features Of Report
The record of the Steel Corporations
net earnings by quarters since the out
break of the European war Is shown
in the following tabulation.
Quarter. 1917.
Ist. st13,12t,018
1916. 1915. 1914.
1st.. 6o,7t3,e24 st2,4578O9 -
I'd. 8t,126,o49 27,85o055 -
3d.. s5,817,O67 89,7tO.644 $22,276, 002
4th.. 105,968,347 5t,277,504 t0,e35,63t
Below is summarized the income &C
count OF the March quarter, with the
corresponding period last year:
1917. 1916.
Net earnings. stf3,121,ots $eo,7t3,624
Sinking fund and
depreciation e.7eo,s24 GAGS, Oe5
Balance ....... 1O3,33o, 1874 51,21S,559
Int. and sky. I'd.
U. S. Stl. BIDS. 5,585,438 5,(O5,oIf
Balance ... e7,744,756 45,5t2,572
Pref dividends. 6,304,9I9 6,304,919
Balance ... et.43e.s37 3e2o7, e53
Com. dividends. 2t,6o2, 1856 6,353,7S1
The earnings for dividends on the
common stock as the result OF opera
tons in the March quarter were at the
rate Of 1865, 759,34S a year, or the
equivalent Of nearly u per cent on the
sos, 3O2, 500 common stock outstanding
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Dollar in Foreign Exchange

Exchange on Italy was slightly
easier at $50 lire to the dollar. In
creased offerings from Rome accounted
for this tendency. The rest of the mar
ket continued to mark time, with rates
on London and Paris holding firm. Rus
sian rubles dropped to 1916 cents,
against 2S3S the day before. Scandi-
uayian exchange displayed a trmer
tone.
Closing rates yesterday, compared
with week ago, are given in the table
below. American bankers have suS
pended all dealings in German and
Austrian exchange, so that daily quo.
tations for either marks or kronen are
no longer available.
Week
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Corporation Returns
". S. Treasury Finances
ST. Louis, Rocky

Washington. April 24.-The condition
Of United States Treasury at the close
to-day: Net balance in general fund,
$83,617,332; total receipts, S4,946, 1856;
total payments, $2,914,693.
The deficit this fiscal year is $751;
e,0e9, against a deficit of S54,027, 1866
last year. exclusive of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Mexico Takes Over Railways

The American Ambassador at Mexico
City reports to the State Department
under date Of April 10 that the Me1i-
can government has taken over the
Tehuantepec Railway, the Vera Cruz 70
Alavarado Railway and the rolling stock
and connecting tracks of the Vera Cruz
Terminal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Current

The above rates express the cost OF
foreign money in terms of the Ameri
can dollar. You buy an English pound
sterling for ;475&4, the intrinsic par
ity is S4S66s per pound. Thus, you
say 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 for dollars
with which 30 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, 1917-04-25
Elections

Stockholders of the Inspiration Con-
solidated Copper Company. at their
annual meeting yesterday, elected the
retiring board of directors, with the
exception Of John +. Alvord. The
directorate now consists of fourteen
members.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Money and Credit

Call money at the Stock Exchange
touched So, per cent for brief period
Yesterday. but the days ruling rate
was at -. per cent. Banks restricted
their offerings in anticipation Of the
payment due on the $2Oo,Ooo,ooO Treas
ury certificates loan.
Firmuess was also apparent in the
market for time funds against brokers'
Stock Exchange collateral. Asking
rates were advanced fractionally, with
sixty-day maturitics quoted at per
cent and the other maturitics at Az per
cent. Loans based on industrial Sc
curi,es at collateral rule from to
"a per cent, depending on the ma
turity.
Ruling rates on money yesterday
compared with year ago, were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

Out of net earnings for the first quar-
ter Of 1917, amounting to S113,121,01S-
a new record the United States Steel
Corporation will distribute SCI ,G02 1868
in dividends to holders Of common
stock, S6,353,7S1 representing the regu-
lar quarterly disbursement Of ! Z per
cent and Sl5,249,O75 an extra distribu'
tion Of per cent.
The amount Of the extra dividend
came as pleasant surprise TO Wall
Street, as few had expected an in
crease over the Ia per cent paid from
the December quarters earnings, IN
addition to the regular payment. In
each of the two previous quarters Of
1916 common stockholders received 1
per cent extra.
Ebert II. Gary, chairman of the
United States steel finance committee,
departed from his long standing GUS
tom Of merely handing out a type
written statement and invited the news
papermen into his Office following yes
terday's meeting Of the board. He
stated the directors felt that the Won
derful showing made during the first
three months Of the current year war
ranted a larger distribution Of the cor
poration's earnings to the stockholders.
Tax Payment Anticipated
Mr.. Gary also said the corporation
would subscribe s5,oOO,OOO to the GER
tifcates OF indebtedness issued by the
Treasury Department pending the offer
ing Of long-term bonds to defray the
cx2onses Of the war. In addition, II
was voted by the board to anticipate
tho payment OF the corporations IN
Gonna tax. due June Is This amounts
f. about $4,000 900. and will be paid
Immediately. at the special request OF
the Collector of Internal Revenue LOT
this district Mr.. Gary also announcer
that the company had subscribed 2oV'-
600 of the S30O0,000 fund asked by
the Young Mems Christian Association
TO carry on its army and navy worn
Returning TO the per cent extra
dividend on the common STOCK MI
Gary said: H.
"Tbis extra distribution more nan
nays ND the full delinquency from the
third quarter of 1914, when the quar-
terly rate was cut from = per cent
10 one-half of I per cent, through the
third quarter of 1915, there being no
dividend paid on the common during
that year
Expects Larger Earnings
Commenting on the establishment
of new high record Of earnings for
the March quarter. Mr.. Gary lrdi-
Gated that they would be even larger
in the current quarter in a statement
that there was no let-up in the de-
mand for the steel corporations prod
ucts. with the tendency in prices be-
ing upward. -.
Questioned regarding reports that
the Allies may buy in the United
States at the same level Of prices our
government will pay. Mr.. Gary said
this question had not been officially
brought to the attention of the United
States Steel Corporation.
Monthly comparisons OF the earn
ings for the March quarter showed a
remarkable jump in the month OF
March over February and January,
The amounts were: January, S36,0f4,-
425; February, S33,416,171, and March.
43,630,422. The total net for the
quarter exceeded the previous record
of sl05,96s,347 made during the De-
cember quarter by $7,152,671. Com
Pared with the March quarter of 1917,
the earnings announced yesterday
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

spite the general belief that the Far
West is little interested in foreign
trade. exports and imports are linn
tied only by the available tonnage OF
shipping.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

Below is given the current exchange
value Of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated ty the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

Commercial Paper.-Ihe market IS
dull and firm. with the best paper NOV
ing at ~ per cent.
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, 1917-04-25

Gold (urrcnts.-The sub reasufy
transferred S3,2JO,OOO to San Francisco
for the account of local banks, which
arc shipping the gold 10 Japan. Gold
coin amounting to 100000 was with
drawn yesterday for shipment TO Cuba.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25
Bank Clearings.-Tbo days clearing

Sub-Treasury.-New York banks lost
to Sub-Treasury SG53,17S.
Silvcr.-Bars in London. 37it pence;
New York, 73i. cents; Mexican dollars,
56i2 cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-25

American Hide and Leather.-Re-
ports FOR the three months ended
of S5Ol 1870, compared with S556,O29 in
the corresponding period of 1916. Net
earnings for the period from July to
March 81 were S2,012754 against ST.
795,227 in the corresponding period of
the preceding year.
The Elbert County tribune., 1917-06-22
WAR USES FOR FACTORIES
Manufacturers Surprised to Find What
Can Be Made in Their Plants In
Case Of Emergency.

Here is paragraph. shipped out of
an article by George Creel In Every
body's Magazine. which shows the wnr
uses to which various peaceful manu-
factories can be subjected.
"A manufacturing jeweler was sur
p-sNd to learn that his plant, with
few changes. could turn out peri
scopes. sash-chain maker found
that his machines were adapted
to the production OF cartridge clips
for rifles and machine guns; a phono-
graph concern was discovered to be
well fitted for the manufacture of GER
tain delicate shell parts; makers of
underwear may be relied on for ban
dages; "A manufacturer of musIc-rolls
for gauges; a cream-separator plant for
shell-primers n sewing machine com
pany for gaines; recording and com
putting machine plant for fuses; an
infants food concern for shell plugs
drug manufacturers and dye works for
high explosives; finished shells mny be
expected from candle-makers. flour
millers. tobacco manufacturers. and
siphon-mnkers; silversmiths can make
cartrldge-cases. bullet jackets, md
caps; while shrnpnel can be made In
gas engine works. car factories. cleo
trio elevator works. locomotive works,
stove foundries and machine shops"
The Elbert County tribune., 1917-06-22
With the Fingers!
Says Corns Lift Out
Without Any Pain

Sore corns, hard corns, soft corns OF
any kind Of corn can shortly be
lifted right out with the fingers If you
will apply on the corn few drops OF
freezone, says Cincinnati authority
At little cost one can get small bot.
tie of freezone at any drug store, which
will positively rid ones feet of every
corn or callus without pain or sore
ness or the danger of infection.
This new drug is an ether compound,
and dries the moment 1t Is applied and
does not inflame or even irritate the
surrounding skin. Just think You
can lift off your corns and calluses
now without bit of pain or soreness.
If your druggist hasn't freezone he can
easily get small bottle for you from
bis wholesale drug house.-adv.
The Elbert County tribune., 1917-06-22
SUFFERED SINCE
She WAS A CHILD
Colorado Woman Couldn't Re.
member When She Ever Had
a Well Day, She Says.
HAS GAINED IS POUNDS
Tried All Sorts Of Medicines, But
Nothing Did Her Any Good Until
She Took Tsnlac- Trou-
bles Overcome.

Il have just finished my third bot
tie Of Tanlac and have actually gained
eighteen pounds" said Mrs. Mamie
O'Neill, 26011a Welton street, Denver,
Colo, recently.
Ever since 1 was child" Mrs.
O'Neill continued, "even as far back as
1 can remember, l have suffered.
Everything l ate soured on my stom-
ach, causing awful pain and at times
1 would almost smother from the gas
that would rise up around my heart.
My trouble became worse as l grew
older and / got to where / dreaded to
eat anything on account of the suffer-
Ing 1t caused me.
Il tried nearly every kind of medi-
cine made for this trouble, but nothing
did me any good. I fell off in weight
and was SO weak that when night
came l would be so tired could hardly
move. My brother in Pueblo told me
of the fine results he had gotten from
Tanlac and advised me to try 1t. The
result is, I'm in better health now than
/ ever have been before since 1 can
remember It's the first time since 1
was child that l can eat just any
thing / want and enjoy 1t without suf-
fering afterwards.
II sleep well every night now and 1
can do my work without getting the
least bit tired. l recommend Tanlac
to everybody because of what 1t has
done for me, and I'm buying a bottle
now for friend of mine, for believe
it's just what she needs"
There is a Tanlac dealer in your
town.-Adv.
The Elbert County tribune., 1917-06-22
Back to Earth.

we had friend who had been pret
ty prosperous, but who came upon evil
days. We met him one day and he
said that he was pretty close TO be-
ing busted. but he was still hoping
Then he nonIed his horn, mournfully,
and drove away, ana we didn't see
him again till the other day when we
bumped into him on the street, says
the Cleveland Plaindealer.
Hello. old scout" we said. "How
are things breaking nowT
"Fine!" he answered. I'm on my
feet again."
..Bullyl" we exclaimed. "How did
you do it?'
Sold my car"
The joke was so obvious that we
didn't see 1t till after he had gone.
The Elbert County tribune., 1917-06-22
Loo Much.

George Ade said Mt wedding
breakfast at St. Joseph:
"Once. In putting on n new play of
mine, the manager refused to have n
Young married couple in the cast.
"Tll take on one, or the other,
George he said. but not both
why not bothY said /. They're
both clever
"'That may be- said he. but the
public, George, don't care to see u
man making love to his own wife,
"Looks too much like acting, eh?'
said l."
The Elbert County tribune., 1917-06-22

Compound as she had taken it with good
results. / did so, my weakness dis
appeared, / gained in strength, moved
into our new home, did all kinds Of
garden work, shoveled dirt, did build
ing and cement work, and raised hum
dreds of chickens and ducks. / can
not say enough in praise of Lydia e.
Pinkham s Vegetable Compound and
II these facts are useful you may pub
lish them for the benefit of other
women. Mrs. M. o. JOHNSTON, Routs
d. Box 100. Richmond. Ind
The Elbert County tribune., 1917-06-22
Soldiers of One Army.

Are not all true men that live, or
that ever lived. soldiers of the same
army, enlisted under heavens captain.
my. the empire of darkness and wrongi
Why should we misknow one another,
fight not against the enemy, but against
ourselves. from mere difference of uni
form? All uniforms shall be good SO
they hold in them true, valiant men,
Carlyle.
The Elbert County tribune., 1917-06-22
DON'T WORRY ABOUT PIMPLEs
Because Cuticura Quickly Removes
Them-TriaI Free.

On rising and retiring gently smear
the face with Cuticura Ointment. Wash
of the Ointment in five minutes with
Cuticura Soap and hot water, using
plenty of Soap. Keep your skin clear
by making Cuticura your everyday
toilet preparations.
Free sample each by mail with Book.
Address postcard. Cuticura, Dept. L,
Boston. Sold everywhere.-Adv.
The Elbert County tribune., 1917-06-22
Long Enough and Cold Enough.

The winter that has just closed was
the longest and coolest winter In $40
years, so 1t Is announced by the "old-
est inhabitant in England" Wen, we
can easily believe him, but isn't he
an old fellow and hasn't he wonder
full memory yY'-Providence Bulletin.
The Elbert County tribune., 1917-06-22
FRECKLES F
Now Is the Time to Get Rid of These
Ugly Spots.

There's no longer the slightest need of
feeling ashamed OF your freckles, as the
prescription othine - double strength is
guaranteed to remove these homely spots
Simply get an ounce of othine-double
strength-from your druggist. and apply a
little of II night and morning and you
should soon see that even the worst freckles
have begun to disappear, while the lighter
ones have vanished entirely. 1t is seldom
that more than one ounce is needed to com
pietely clear the skin and gain beautiful
clear complexion.
Be sure to ask for the double strength
othlne, as this is sold under guarantee of
Adv.
The Elbert County tribune., 1917-06-22
NOV. Zoth. 1915. Jonesboro, Tenn.
Prove What Swamp-Root viii Do For You
The Ways Of a Mule.

A person who has harnessed and un-
harnessed a mule for months may for
get himself and stoop for something
at the animals heels. Then the mule.
docile for so many days, begins to kick.
When the luckless driver regains his
senses he imagines the mule had been
waiting craftily all those weeks just
to get good opportunity to kick him.
The Elbert County tribune., 1917-06-22
The Limit of Patience

"You seem to take that mans paci-
fist expressions very much to heart"
81 do" replied Senator Sorghum
ITS bad enough to put up with the
man who won't fight or work for his
country. You can't have the slightest
patience with n man who won't even
talk foH his country"