davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Gain in Collections
Of Internal Reven''

Collector William Edwards s' .,
evening that the total eolleeu0.. .,
the fiscal year ended June 80 is.g -. !.
the Second Internal Revenue O','''- ~,
District Of New York, were 70. "s
in the history OF the Internsl a'" y
Department, aggregating nss'''
100000. This amount is one'nir~
the total collections Of ID. ~.
States. or as much as was COLT 20
the State of Texas, Indians, Nlna"s
Missouri. Alabama, ArAsn''
Louisiana. nieS
The Second Internal ReyenG. q
comprises about I'VE SS''.re I;
blocks, and is the smallest u..,i,,. |,
area and the largest IN eO"'
the United States. -. AZ 2
The sum collected snoN' ,rr y
crease of about 10 per cen. .,T,,as
preceding year, when tn 1eo S S ~
amounted 10 nearly S4S'VVO'.f;,,l 50
increase is due 70 the new e ~. g,..,
tax on corporations and the ia q
prosperity OF the country, ,ax.s, y
abled people 10 pay income
Collector said. -. ,,.ar
over so per cent Of tns .s .s ~
showed their patriotism by pa'r.'lss|
income taxes in advance, Vi
Edwards said il wss more hs "
expected. and he expresses. ,or te|
appreciation 10 all tsxpsy' IA d. .
loyalty to the government %. asos.
terial way in which II was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
TO THE OWNERS AND HOLDER u
THE OUTSTANDING TH1RTY.IM
GOLD MORTGAGE BONDS OF 70.
koMO WATER WORKS C0MiI

NOTICE Is HEREBY CIV by w =;
suant TO the terms Of the mortgsr .st;.
AFTER mentioned. the undersigned Aa-i
Water Works Company. intends tor.'
redeem and pay on August J. 1911 NJ
par value plus accrued Interest, a "
standing Thrifty ear Gold Morgags -
Of the said Company dated August ".
issued under %" mortgage 'or ice! O -
~ said Company OF even date % .
Farmers Loan and Trust Compai5 4
Trustee.
To effect such redemption. TIE s,:,
signed Will. on August :. 1914 threlg,
redemption agent. The Farmers Leii =
Trust Company Trustee. under sad n
gage or deed OF trust, az the oflee q q
Trust Company. al % william srss-
the city OF New York, y Y, pay 2
holder or registered owner Of each 2, .
bonds upon presentation and surfs,ss
such bonds and all unmatBred co.Ta
the principal thereof. together vim ~ ,
terest then accrued and unpaid Nv.
All said bonds will cease 10 draw hiss
on August l. 1917. and the coupons -
queutly maturing VIII be void.
Dated a tho city of New YORK y .
June -. 1917 ,,,.,-
KOKOMO WATER WORKS CONEo'
By q h. MASTER, Presses
I e. ADAMS Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Relevant Facts

Extra ividends.-Directors of the
New Niouero Sugar Company nave de-
dared an extra dividend of 10 per cent
On the common and preferred stocks,
PAYABLE July 81 to stockholders of rec
ord July %.
A regular quarterly dividend of Sl.5O
a share in cash and per cent in stock
on the common shares has been de-
clared by Burns Brothers. payable Au-
gust Is to stockholders OF record Au-
gust |; also the regular quarterly divl-
dend of sl75 a share on the preferred
stock. payable August | to stockholders
of record July 20.
The Cosden Oil and Gas Company
has declared an extra distribution of
3 per cent. in addition to the regular
quarterly dividend of 9 per cent, both
payable August l to stock of record
July IS.
Shipping Shares Strong.-The feat
ure of Yesterdays trading on the Stock
Exchange was the sharp advances made
in the Mercantile Marines and Atlantic,
Gulf and West Indies. The latter
closed at l105s, net gain of 61s points:
Marine preferred, on a turnover of
nearly 10000 shares. closed at 1874,
only u below the high price of the day
and an advance of 3$ points.
Federal Sugar.-It was announced
yesterday that c. A. Spreckels, presl-
dent of the company, has offered to sell
to each stakeholder as many shares OF
A. of ha
stock in the holders name on July IS.
The stock to be sold was purchased by
Mr.. Spreckels from Clarence Mackay
and other former holders, and the offer
IS made at $1,000 a share, which was the
price paid by Mr. Spreckels plus ex-
penses of so cents a share.
Pittsburg Coal Plan Effective.-Coun-
sci for the readjustment committee an
nounced Yesterday that the readjust-
ment plan of the Pittsburg Coal Com
pany of New Jersey, originally made
public in February. has been declared
effective.
Kennecott Copper.-Output Of copper
in June totalled 5,s48,000 pounds, COM
pared with 100000 pounds in May
and 10,500,000 pounds in June, 1915.
Braden Copper.-June copper produc-
ton amounted to 100000 pounds.
This compares with 6,750,000 pounds
produced in May and 2,258,000 in June
year ago.
Shattuck Arizona Copper.-Total out
put of copper in June amounted to
$50 1896 pounds; output of lead was
l9O,393 pounds; silver, 1l,213 ounces,
and gold, 146 ounces. In June, 1915,
the company produced l,466,0S0 pounds
of copper, 81 $50 pounds of lead, 24,536
ounces Of silver and 367 ounces of gold.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
The Dollar in Foreign Exchange

Exchange moved further in favor Of
Russia, the ruble advancing to 1890
cents, compared with 1880 the day be-
fore. The upturn was attributed TO the
sentimental effect of the successful
Russian offensive.
Reports that foreign exchange bank
ers and the government were to at,
tempt exercising an arbitrary control
over Spanish exchange were without eff
feet on pesetas, which showed no i'm
portant change. Sterling and francs
were steady. Swiss francs were trifie
easier.
Closing rates yesterday, compared
with a 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, 1917-07-12
SHEFFIELD COAL AND IRON cosfr'

Default having been made IN tns
ment Of the Three Year Six Per N slL !.
lateral Trust Notes ~ the above Cea'..
issued and now outstanding under
lateral Trust Indenture, dated NAT a
1909. TO the undersigned. as Irs.s
undersigned Will. on Tuesday, Jgy ~ .,,
az II o'clock in the forenoon. a. ihs - -.
bers Street entrance OF the Colng ~,
House OF the County Of New YORK oc,'1 1,
OF Manhattan. CITY Of New YORK
front door thereof. either personsy ~
attorney, sell al public auction 70 lI' ~
est and best bidder. IN one loi sha " a.
entirety. the collateral depos.., ,,ri
pledged 20 secure SAID Notes, 70 VIZ -
principal amount q First Norisass
Year Five Per cent. Gold nos ', >,
Company. issued under its mortsanW.,A
undersigned. a. Trustee. dated ~. -
1903. with coupons maturing on - =.
January /. 1919. attached. t.ss.. 90.
ell right. title and interest @, tL 49,.
signed therein and the right OF "a'-''
thereof
July 10. 1917. --.,,..
BANkERs TRUST CUnPASh ~ n,
IS Wall street. New lo'' ~.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
South African Railway

The estimates OF the eApe| rs .,rs
III. main services Of the 'O w., NJ
railways during the year , s,s 40 .
81. 1915, are given at a. s SSS Tie :
the revenues az S6c'y- i'Sy ssrSS
penditures of the sae sNn and be-.
are estimated at SEAS, ,oO ne -" n,r :.
vices the revenue iro% "i Is ssilrxx
minerals other than eosi slsGs
at s29.i77,OO0; from C sV Sna and "
from livestock. s2,S's'Ssy,Ssio.M
the passenger service WV"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
I. N. Wallace Elected
Rock Island Director
Roads Financial Condition
Good. Saws lanes A. Patten

James n. Wallace, president of the
Central Trust Company, was elected a
director of the Chicago, Rock Island e.
Pacific Railway yesterday to succeed
f. d. Hubert, of Chicago. James A..
Patten, a member of the executive
committee, said on the Rock Island
outlook: =,
"The road is in splendid financial
condition. The indications are for
good business in the next few months
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Lackawanna Steel
Nearly Doubles
Its Net Earnings
Untitled Orders on Books OF
the Corporation Show
a Falling OFF

Earnings of the Lackswanna steel
Company in the quarter ended June
80 broke all previous records. NOT
earnings for the three months, accord
ing 70 an official statement issued yes
terday. aggregated s7,S79,4l2. com
pared with s6,2O3,233 in the preceding
quarter. and S4,O5l ,O33 a year ago. Net
profits for the first six months OF the
current year were s12,l98.215. equal to
s34.75 share on 35O.965 shares OF
stock, compared with $3.50 a share
earned in the corresponding 1916
period.
Untitled orders on the company's
books as of June 80 totalled 9l3,l9o
tons, a decrease of $4,000 tons COM
pared with the statement of March 81
last. The decrease is attributed to
the fact that this company, like all
other steel concerns, is sidetracking
its orders from private consumers IN
Difference to the government.
The report. with a comparison OF
earnings for the preceding quarter ana
a year ago, follows;
June March
quarter. quarter. year ago
Net earn 81, s7s,412 s6,2o3,233 s4,o51,o33
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
June March
quarter. quarter. year ago
Net earn. S7,879,412 S6,203,23 S4,Oo i,oaS
Net prof.se so7. ss1 $500, $50 sa,os7,274

The company says in its report that
nrovision has been made for all taxes
payable under laws now In effect, out
not for taxes which may be payable as
a result of legislation now pending, as
such taxes cannot be estimated at this
tir,o
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Current

The above rates express the cost OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling at, say. s4.75h. The intrinsic
parity is s4.s6ss per pound. Thus, you
say either that pounds are at a dis
count or that dollars are at pre-
MUM, which is owing 70 the fact that
in England the demand for dollars
with which TO settle accounts in this
country is greater than the demand In
this country for pounds with which to
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Wednesday, JuIy II, 1917

The outlook for steel makers may
be quite as gloomy as those of a pes
simistic turn Of mind like to picture
il. but it is evident that the pro
ducers are well fortified financially
to meet anything the future may
lcld in store. Earnings in the first
half of this year were surprisingly
large, even in comparison with the
marvellous record of the last SIX
months of 1916 or the correspond
ing period year ago. The nall
yearly report Of the Lackawanna
Steel Company gives a good measure
of the way steel profits have been
running. The net profit for the
period, amounting to more than ST.
100000, after liberal allowance for
depreciation, was 1870 per cent
greater than in the first half OF 1916,
while in the corresponding period OF
1915 there was deficit of approx
mately 100000. 1t is interesting to
note, moreover, that the profits IN
the second quarter were substan-
tiallv larger than in the first quar-
ter. which exactly reversed the show
ing in each of the two years I'M
mediately preceding. lnasmuch as
the forthcoming report of the United
States Steel Corporation Will I'M
doubtedy make a similar showing, II
might be concluded that still further
gains are likely to be recorded in the
current quarter, but 1t is by no
means certain that such will be the
case. Wall Street estimates place
the Steel Trusts earnings in the sec
ond quarter of this year at $780,
100000, against S119,OO0,OOO in the
first quarter, but it is to be expected
that the monthly figures for the
quarter just ended will disclose de-
clining tendency, for the obvious rea-
son that deliveries of war steel to the
government commenced to assume
considerable proportions in the latter
part of the period. For this steel
the producers did not realize any
thing like the profits which would
have accrued had their entire output
been delivered to private consumers
at the fancy prices which steel prod
ucts have commanded. The delivery
of war steel to the government DUR
ing the quarter probably affected the
Steel Corporation to a greater eX-
tent than any Of the other producers,
because it supplied the major portion
&C the steel which the government
took. But it is not to be expected
that the same thing will be true of
the current quarter or of succeed
ing periods. Therefore, it would not
be surprising if it should be found
that the earnings of all important
producers had reached their peak in
the half year just closed, even if no
action should be taken to fix prices
on steel for industrial consumption
as well as on that which the govern
ment requires. At any rate, the fig-
ures would seem to make certain a
satisfactory return for the stock
holders in 1917, no matter what may
develop from now on.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

Sub-Treasury.-New York banks lost
to the Sub-Treasury s2l3,SS6.
SiIyer.-Bars in London, 4O%d; New
York, so cents; Mexican dollars, 62's
cents.
Gold Currents.-Gold coin to the
amount of $500, 600 was withdrawn from
the Sub-Treasury yesterday for export
to South America.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

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, 1917-07-12


which the subscription books TO the
loan were closed Liberty bonds sold
below par. This was probably due
TO the general acceptance of the re-
port that the next instalment of the
S., 900 100000 issue would also be
brought out at 3h2 per cent. Re-
Gently the opinion had prevailed in
Wall Street that the rate would be
raised to and possibly to Az per
cent.
It does not seem likely that the
bonds will sell at more than frac-
tional discount, in the near future
at least. There is no great pressure
% sell them; indeed, sales have been
insignificant in comparison with the
size Of the issue. Moreover, there is
likely 10 be an active demand for the
bonds from banks and other institu-
tions which accepted deposits from
purchasers which totalled more than
the amount allotted TO them. Buy
ing Of this sort has helped to sustain
the market for some time past, and
in we'll informed quarters it is said
that there are many banks which are
still technically short Of the market.
The movement Of the bonds will be
interesting, because if they should
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

sell at substantial discount it might
be necessary TO raise the rate of in
terest on the next instalment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Iondon Money Market.-London, July

London Money MdrktI.- IIUHuUH' u Iy
11.-Money was in good supply, and
discount rates were easy. The sales OF
Treasury bills last week amounted to
G73,OOO,000, against f43,O0O,OOO re-
deemed. Money was quoted 31s TO 4
per cent. Discount rates: Short bills,
As, per cent; three-month bills, - 10
per cent. Geld premiums at Lis
bon, IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
News Digest
Foreign

War News Subdues London Market
London. July 1.-THE stock market
opened firm to-day. with a number OF
gains in Allied bonds, home rails, Peru
Wan issues and shipping and oil shares
on fair investment buying. Russians
were again strong, but the afternoon
war news caused subdued closing. Ar
gentine rails and Cuban Ports reacted
under realizing. American securities
were dull and easy
Paris Bourse. Paris. July 1l.-Trad-
ing was quiet on the Bourse to-day.
Three per cent rentes so francs 90 CEN
times for cash. Exchange on London,
27 francs 10 centimes. Five per cent
loan, IS francs As centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

Steel shares led general advance
in prices on the Stock Exchange, in
which net gains in the more active
issue ranged from l to above 6
points. Every one of the Steel
issues closed higher. To a certain
extent this was due to the favorable
report of the Lackawanna Steel
Company, but in much larger meas
ure it was to be attributed to the be-
lief that the conference between rep
resentatives of the steel trade and
the government, now being held in
Washington, would result in set
Element of the price controversy
which would avert drastic action by
the Administration. There was
nothing to warrant this belief other
than the mere fact that the con-
ference was under way, but the
change in sentiment was sufficient TO
induce heavy purchases by those who
had previously sold short for a fall.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Money and Credit

There was no change in money rates
in the local market yesterday. AT the
Stock Exchange call loans ruled at
2l3 per cent.
A moderate volume Of business was
done in time loans based on Stock Ex-
change collateral, rates ruling at to
Az per cent, depending upon the ma
turity.
Ruling rates Of money yesterday,
compared with a year ago. were as foi-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Corporation Returns
Duluth & Iro

Duluth & Iron Range
1917. 1916.
May gross .......... s836.23o ss22. 227
Net after taxes ...... 367.762 5f3.eoe
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

Western Union Earns
More for Dividends
Surplus for First Half Of 1917
Is Equal to 1888
Share

With income for June estimated, IN"
Western Union Telegraph Company
during the first half of the current cal
endar year earned a surplus after all
charges except dividends, of S6,S25'o-''
equivalent to $3.50 a share. on $685.
shares of outstanding capital stock
compared with $500 share earned IN
the corresponding period of 1915.
Gross earnings for the six months
ended June 30 were s36,422,757, an in
crease of s7,17S,6O7. The detailed hg-
ures of the income account compared
with 1916, follow:
Total revenue s3e.422,7 57 1924, $50
Depreciation, re- ,oe.o
pairs, etc. 4,+oo,o@@ 0'''o''SN
Other operating
expenses, rent
leased lines
paiancs 7.4e1.552 6,645,o3S
Bond interest,". ooo,sSo ooo
Surplus. ........ o'o<o'oSi WIS
The comnanv points out in its re-
port that the item "otner oPeIas
expenses" includes special payments u
employes for the first hall Oh l9i''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12

Commercial Paper.-Rates Tor the
best maturities were held at 4$i TO .
per cent yesterday. The supply OF such
paper was small and the demand was
equally limited.
Bank Clearings.-The days clearings
at New York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-12
Significant Relations
Money and Prices:

Stock of money gold in the country.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-03-06
Walden, Colorado Is Name
Affixed to Letter to
Dud Richards.
EAGER TO EMIGRATE
If You Have Eny Thing Let
Me Here From YOU
Is Statement.

Walden, Colorado. wants to move ia
Missoula, according TO letter re-
ceived by Secretary d. b. Richards OF
the Chamber of Commerce" As the
writer generously signs the name Of
the town to his letter, and nothing
else, Secretary Richards has been
forced to the conclusion that a thriving
Colorado community is going to null
its stakes and head for the Garden
City and the banana belt. The epistle.
which is written on the letterhead Of
the county commissioners of jackson
county. Colorado, announces the inten-
ton Of the writer to move to a lower
altitude. preferably Montana. He or il
wants to get a grain and stock farm
with some timber on it, but the sig
nature affixed to the letter leaves it
to the secretary to figure out whether
the whole town is coming. or whether
one of the county commissioners. hay
ing met defeat at the last election. has
decided to emigrate.
The letter follows, verbatim:
Chambers of Commerce, Missoula.
Mont.
Il am Writeing To You In Regard
To Lands In Your County 1 would
Like Very Much To Here From You
In In Regard To The Chance To Lease
Improved Farms Or To Buy Land On
The Crop Payment Plan 1 Am Com
PEELED To Move To A Lower Altitude
And Hav Made Up My Mind To Come
To Mont | Am An Eastern Man And
Farmer And Expert Horse Men Would
Want A Good Place 100 Acers Or
Moore Grain Or Grain And Stock Farm
Can Give The Best OF Reference And
Would Want To Leas For 2. Or Moore
Years If Should Lease If I Can Buy
On The Crop Payment Plan VIII Want
A Good Place The Better The Phase
The Better 1t Will Suite Me The Price
Want Make Much Difference If The
Land Is Good And Lays Right / Would
Like To Get Clost To School And
Timber Or Get Land With Some Tim
Der Have Two riends Here That Are
Talking OF Comcng TO Mont And If
They Do We Could Handle a Good
Big Phase If You Hav Eny Thing
Let Me Here From You Resp Yours.
walden Colorado"
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-03-06
SUBMARINE FIRED ON
AMERICAN OIL SHIP

- d f
Newport News, Va, March SIN nd :
dition to demanding four barrels Of
cylinder oil, the German submarine
commander who fired on the Ameri-
can steamer West We Go off Fastnct.
January 81, ordered the steamers cap
tain to dump his entire $1,000, 900 oil
cargo overheard Or take the consc-
.auences. according to the story told
here today by Captain Mccoy.
The captain said that after securing
the cylinder oil and delivering an ulti-
lnatnm calling for destruction OF the
remainder Of the cargo before the fol-
lowing morning. the submarine COM
mander returned to his vessel. sub
MERGED and was not seen again. Mesrii-
time the West We Go had proceeded
on her way. She arrived in Hampton
Roads yesterday.
Captain Mccoy confirmed. the pre-
vious story that the submarine, the
U-45. fired five shots at the steamer
before boarding her. None OF them
hit
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-03-06
DAVIS WILL PLEAD
TO CHARGES TODAY

John Davis was arraigned before
Judge Asa L. Duncan yesterday to an
swer to the charge of burglary. Davis
refused to plead without first consult
ing an attorney and he was given until
l:3O o'clock today in which to formu-
late his plea. Davis was arrested
more than week ago, within seven
hours of his discharge from the state
penltentiary, on the charge of burg
larizing section house on the Mil
wauEee tracks at the end of Cotton
wood street. The laborers living in
the house state that they caught him
leaving through window with suit
case full of loot in his possession.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-03-06
Stewart Also Puts Signature
to Bill Enforcing Pro-
hibition Law.
MARRIAGE LICENSE 50
Bill for Acceptance of Fed
eral Aid in Vocational
Training O. KID.

Helena, March 5-Exclusive Of ths
bills approved today by. Governor s. v
Stewart, There remain in his hands les.
than 20 to be acted upon. He has II
days after the assembly adjourns ii
which to pass upon bills. but must
either approve or veto them. The,
cannot become laws without his ap.
proval, as is the ease with measures
transmitted to him while the assem-
bly, is in session.
The following bills were approved
today
s. b. ITO. BY Whiteside-Appropri-
ating $4,000 for dormitory and other
buildings at State Soldiers home.
s. B. IS. by Annin-To provide 70,
the enforcement of prohibition.
s. q. 143. by Roberts-Establishi
normal and junior college courses in
high schools.
$. B. 1854. by Notwithstanding
for acceptance by the state of pro-
visions OF the federal act giving aid to
vocational training. and authorizing
state board Of education to establish,
courses in any schools Of the state.
S.,B. So. by Notwithstanding law
relating to fees sof clerk of district
court and providing fee Of So for
marriage licences.
II. B. 1S5. by Kehoe-Providing for
the commission manager plan of gov
eminent for cities.
H. B. 167, by Misunderstanding
Lewis and Clark memorial commission
and providing for erection of bronz
monuments at Great Falls and Three
Forks.