davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Gold to Relieve
Canadian Banks
Lifting of Embargo by Re.
serve Board Helps Awk-
ward Exchange Position

Canadian bank representatives hero
expressed satisfaction over the an
nouncement from Washington yester-
day that the Federal Reserve Board
will lift the embargo on gold exports
long enough TO permit the shipment OF
SOS, 100000 across the border for the
account of banking institutions in the
Dominion. IL was stated that an i'm
mediate movement of the gold would
probably be begun by the Canadian
bank agencies here.
The understanding is that the gold
will be shipped to Canada and kept
there as long as needed TO adjust the
exchange situation, after which it -
to be returned to the United States
The action of the Federal Reserve
Board in permitting the gold to go for
ward is the result of personal repre-
sensations made to the Washington su-
thorities a few days ago by delegs-
ton of prominent Canadian bankers.
Representatives of Canadian banks
explained that the embargo imposed by
the United States government on go.d
exports came at very awkward time
for Canada. In the autumn months
heavy sales of Canadian grain oills
take place in this market against snip
ments TO Europe. causing an sccumu-
lation of Canadian funds at this CEN
ire. Ordinarily moderate flow OF gold
from New York TO Montreal would re
lieve the situation, but TINS year the
decline in exchange following the en-
barge announcement went so far that
New York funds were selling at one
time in Montreal in the neighborhood
of So per 81 900 discount. Lately there
has been some improvement in the en-
change position, owing to the expeeta-
ton that gold shipments from mere,
would be permitted. 1t is expected
that the s25 100000 in gold that VAL
be shipped to Canada will be returned
here after the first of the year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Total exports

at is quite possible" the bank says
Chat the apparent falling off IN ex-
norts since July is more apparent than
reali in view OF the fact that the mer-
chandise now being exported by the
government, when sent on government
transports, is not included IN the ON
cial reports of merchandise exported;
and as there are no official records OF
the merchandise so sent, It IS lmpos-
sible TO determine how much OF the ap-
parent falling off in exports since July
is due 70 the omission from the ofhclal
nvnort records Of merchandise now
nassinp out Of the country by TINS
class of vessels.
1.-THE falling off in exports occurs en-
tirelv in manufactures. In the month
NJ Julv both manufacturing material
and foodstuffs showed an increase, and
manufactures a marked decrease, and
this was true in an even greater extent
in the month OF August. In July manu-
featuring material exported showed an
increase of about 100000, and food
s,uffs an increase of about S4,00O,OOO,
while finished manufactures showed
a fall of 70.000,00O In August manu-
featuring material exported showed
an increse of S50,000,000. and food
stuffs an increase of sl8.OOO,OOO, while
finished manufactures showed fall or
Ss5. O0O, 900, thus making it perfectly
apparent that, the fall of in exports
occurs exclusively in manufactures.
For the month Of September, i'll which
the total falling off amounts TO soy.
nOO 600 no details are yet available.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Canadian Ford Co.
Increases Output

Gross business OF the Ford Motor
Company Of Canada in the year ended
July 81 last amounted to 23,690,e32, an
increase of ss,532,0O0 over 1916. Do
nestle trade of the company totalled
s18.OOOoO in cars and Sl,422, 900 in
parts, with foreign business OF $1,000
600 in cars and $6l4,000 in parts.
The Canadian Ford company pro-
duced 5O,827 pleasure cars last year, an
increase of 1871 over the preceding
twelve months. For the current year
the company's output is estimated at
&C. 900 cars and 10000 motor trucks.
AT the annual meeting announcement
was made that no action will be taken
by the company at present in the mat.
ter of distributing q further dividend
in stock, unsettled conditions created
by the war having made il appear de-
sirsble 10 conserve resources.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
.d,,i,,ed TO Reserve System.-Th
Dividends

Southern PseiAe.-Regular quarterly diu-
d.nd Of si.50 on the common stock. payanle
January 2 TO stakeholder, Of record NoVsn-
Der 30.
National Aens.-Rsxulnr quarterly diu-
dend OF IL. per cent. payable December "
stockholders Of record November 10.
May Department stores.-Regular quarter.
ly dividend Of " per cent on the common
TOOL payable December Ia stockholders OF
record November is.
rrni,ed States Cast Iron Pipe A Foundry
Dividend on the preferred stock. payable
quarterly In 1918 at the rate OF per csn'
per snnum.
Iron Can Copper dividend OF ~
c,nts per share on common stock. pssapss
December 1 70 Stockholders Of record Novssn-
her IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

There was some disposition to at
tribute the decline to lack Of buying
power resulting from the curling of
short selling. Possibly that was fac
tor. but if so it could not have been a
very important one. 1t should be re-
called that buying by short interests
did not prevent declines when there
was a much larger short account
outstanding than there is at present.
Also. it must not be forgotten that
no restrictions have been placed on
legitimate short selling. The gov
ernors of the exchange have merely
called for information which will
enable them to determine the charac-
ter of all short sales. This automati-
cally stopped raiding, because the
raiders could not afford to face tls
publicity which would have followed
had they continued their destructive
operations; but it has not stopped
short selling. Professional traders
are at liberty to sell short if they SO
desire. and they do. There is always
q short interest in the market, only
it has changed in character.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
The Dollar in Foreign Exchange

Declining tendencies were noted yes
terday in the neutral exchanges, which
displayed such pronounced strength
last week. Exchange on Sweden fell TO
43 cents, compared with AN Saturday.
Dutch guilders we're quoted A cents,
against 44la at the close Of last week.
Italian exchange was stesdier.
Closing rates yesterday, compared
with a week ago, are given in the table
below. American bankers have sus-
pended ali dealings in German and
Austrian exchange, so that daily quota
tions for either marks or kronen are
no longer available.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

1t is suggested that stocks have
been liquidated because the advance
in commodity prices has reduced the
purchasing power of dividends so
much that the returns are no longer
attractive. That would be more
plausible if there were any indica-
ton that stocks paying large divi-
dends were favored more than those
of low yield, but there is nothing to
show that they have been.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
News Digest
Foreign

London Brokers More Confident
LONDON. Nov. 5.-The reopening Of;
the Stock Exchange to-day found deal
ers in a more confident mood and, with
the execution Of fair investment or
ders. the markets were generally firm
er. notably Argentine rails and ship
ming and allied stocks. Speculative is
sues remained dull and undecided
PARIS, Nov. 5.-Trsding was quiet on
the Bourse to-day. Three per cent
rentes. SO francs 80 centimes for cash.
Exchange on London (UnofiiciaD, q
francs 36is confines. Five per cent
loan. 81 francs 80 confines eX-coupon'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
International Nickel
Cuts Dividend so Cents
Stockholders to Receive 81 a
Share for Current
Quarter

The international Nickel Company re-
duced the dividend on its common stock
yesterday so cents share, distriou-
ton Of 81 for the quarter being or
dered. The par value Of the stock Is
s25 a share. 1t closed yesterday at
257s, compared with 4oas. the high
price for the year, reached in August
During the war boom period Of 1915
the stock sold as high as 57ls. The
dividend is payable December to
stockholders Of record November 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Bankers Institute to
Entertain G. Hinch

President c. Hinch OF the American
Bankers Association will be given a
dinner at the Hotel McAlpin on No
vember 90 by the forum of the New
York Chapter of the American Insti-
tute of Bankers. Mr.. Hinch will talk
on the American Bankers Association.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

mercial paper market yesterday, when
rates were quoted 5l4 to 81 per cent.
The amount Of business done was not
large.
Official rates OF discount for each Of
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Totals .A,s24, s2s,3 SAB s4,241,1e2, 1889

London Money Market. - LONDON,
Nov. 5.-Money was in good demand at
per cent. Discount rates: Short bills,
AS per cent; three-month bills, 4si
per cent. Gold premiums at Lisbon, 80.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Money and Credit

Money market conditions were un-
changed yesterday Offerings Of cal!
money at the Stock Exchange were
fairly liberal, with the rate holding
steady at per cent, the same rs on
Friday.
Although the Saturday bank state
ment disclosed an increase of about
100 per cent in the surplus reserves Of
the local banks, this was not reflected
in any easing Of the tone for fixed date
loans. Banks continued 70 restrict
their offerings, deeming it unwise to
tie up any large amount Of money over
long periods. Loans based on indus
trial securities we're quoted n TO So
per cent for sixty days yesterday, ~
per cent for ninety days and four
months and 5z4 10 8 per cent for five
and six months.
Ruling rates for money yesterday.
compared with year ago, were as fol-
lows:
Yasferday Year 0o
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

Election Holiday

Election Day being a legal
holiday, all the exchanges and
banks in this city will be closed
to-day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Quoted dollars to the peand.)

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, 1917-11-06
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, s475h. The intrinsic
parity is S4.s6% per pound. Thus, you
say either that pounds are at discount
or that dollars are at premium. which
is owing to the fact that in England
the demand for dollars with which to
settle accounts in this country is
greater than the demand in this coun-
Try for pounds with which TO settle
accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Investors Discouraged

On the precipitate break in the first
hour of trading new low records were
established throughout the list. Sell
ing necessitated by the exhaustion OF
margins was augmented by an accumu-
lation of selling orders from the in
terror, said TO emanate from investors
whose confidence in the market seemed
to have been irreparably shattered by
the persistent decline. Many holders
Of this class who have seen their in
vestments shrink anywhere from % TO
80 points this year are, so brokers say.
selling now on the reasoning that half
loaf is better than none"
United States Steel, under offerings
which fairly swamped brokers who
make a specially OF trading in that
stock, fell TO SOS, its lowest price for
the year and decline Of AZ from the
close last week.
Shares of other steel companied
yielded 3 TO points and those OF al
lied industrials as much. Reading,
Union Pacific, Great Northern, the St
Paul issues and other representative
railroad stocks showed declines rang
ing from TO points.
There was some recovery in nrices
throughout the market after midday,
when the selling pressure relaxed
somewhat, and buying By spectators
who had profits in short sales deyel-
oped.
Steel common left off at 9l7s, a net
loss for the day Of 3%i points. Other
shares rallied from TO points. The
days transactions aggregated about
10000 shares.
The entire bond list weakened on
more diversified offerings. Liberty As
sold at par TO 1O0.02, the 81 yielding
from 1914 10 1886.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
New York

International Paper.-Judge Gave
gan in the State Court reserved de-
cision yesterday on a demurrer fled oy
the International Paper Company IN
reply 20 a complaint brought by Ernest
F. Turnbloom and d. A. Holmes M
nority stockholders. The complaint
asks that the company be compelled 70
pay all the accumulated DIVIDENDS yH
the preferred stock, that an "equ'tao.s
distribution of as much OF the surpIes
he made 10 the common stockholders,
and tina. Philip T. Dodge. president
aad other officers be removed.
Admitted to Reserve System.-Ihe
Mercantile Trust and Deposit Company
ba. been admitted to the Federal Ne
serve system.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Calls Liquidation Orderly

Discussing the action of the days
market, Mr.. Noble said that the severe
break had undoubtedly been caused
by "heavy liquidation conducted in an
orderly fashion" The trading, he
added, was entirely free from any
suggestion Of raiding, indicating that
the rule adopted by the officials Of the
exchange last week 20 put a stop
to "illegitimate" short selling, was be-
ginning to have the desired effect.
Under the operation OF this rule,
which requires all Stock Exchange
firms to furnish the names OF all
borrowers and lenders of stocks. the
governing committee expects, within
the next few days, to be in possession
of information that will show whether
enemy selling or "illegitimate" selling
by unpatriotic spectators has been
heavy enough to account for the pro-
longed and drastic decline in prices.
Regulations were issued yesterday as
to the manner in which members are
70 make reports OF borrowers and lend
ers Of stocks. The first report must
give a complete detailed list of all
stocks borrowed or loaned at the close
of business November /. Changes
from day TO day thereafter must be
shown in reports issued up to noon
each day but Saturday. Borrowing and
lending transactions on Friday and Sat
urday are to be reported Monday morn
ipu
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Bank CIearings.-The days clearing'

Silver.-Bars in London, 44l3d, a de-
cline of ssd; New York, S72.c. off sac;
Mexican dollars, SIC, decrease Of lie.
Sub Treasury. - New York banks
gained from the Sub-Treasury sl,-
7l1.000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

Money in Circulation.-WASHlNG-
TON, Nov. 5-Money in circulation IN
the United States on November ! ag-
gregated s4.924,92S,34s, compared with
$4,S20, $685. on October l. Gold com
in circulation totalled s1,o21.6l6,341,
against s693,577,474 a month ago. Inc
detailed statement, with comparison
with a year ago, follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
J. P. Morgan Holds
Conference With
Change Officials
Severe Decline in Stocks Is
Attributed to "Orderly
Liquidation"

J. Morgan conferred with of1cials
Of the New York stock Exchange yes
terday after another outburst Of selling
at the opening of the market had car
ried prices for securities widely dis
tributed among investors from TO I
points below closing quotations OF last
week. Wall Street attached much sig
nificance to Mr.. Morgan's visit TO the
Stock Exchange. hough just what phase
Of the stock market situation he dis
cussed with several members OF the
governing committee who were present
at the meeting was not made public.
II. G.. Noble, president Of the ex-
change, when seen after the meeting,
admitted that current stock market
conditions had furnished the topic for
discussion, but he refused 10 say
whether the question Of fixing mini
mum prices. in order to check the fall
Of quotations. had come up for consid-
eraticn. Mr. Morgan, as well as other
bankers here. has expressed himself as
being opposed to any artificial restric-
ton upon the natural movement Of
prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06

Commercial Paper.--Slightly easier
s0sjn oravs4lsI in IN. so---
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-06
Yesterday. Year ago

Call money!. go ts41o
Time money mixed collateraD:
La croÌnica. (San Francisco, Calif.) 1914-1917, 1917-01-14

cosas de la buena sociedad. Il
en- ell sport, que en- los teatros
y en- salones. Por primera vez en-
mi vida cOmprendi que la exis-
tencla no Sc reduce a la necia fri
volidad de la genie chic, de la
arlstocracia desocupada y vicio-
sa.
Pase ocho dias en- casa de mi
maestro. Los cuadros que vi en-
su estudio me parecieron asom-
brosos y despertaron mi voca-
cion.
TODD 10 que soy, 10 POGO que
valgo, Sc 10 debo a aquel hom-
bre. Quizas sin el, no hubiese CO.
nocido otro ambiente que Ell de
la sociedad de mis- padres, no hui
biese nj sospechado siquiera en-
mi la inclination hacia ell arte
que he cultivado.
Mis- padres Sc reconciliation,
V vi a mi casa hubiera segui-
do viviendo esa vida insustancial
y ociosa que ellos hacian 81 Fl
arte no hubiese iluminado mi in
t%eligencia con su brillo, y apa-
sionando mi corazon con sus di-
ficultades, sus ingratitudes v sus
mobiles recompensas.
va ven ustedes 81 debere guar
dar recuerdo de la Nochebuena.
Mis- padres murieron, mi macs
tro tambien; pero quedan sus hi
jos, que viven modestisimamen-
te, y no pasa aho sin que a todos
ellos les mande magnificos rega-
los con que celebrar esplendida-
mente Ell Natalicio del Senior, en-
que yo tambien naci para una
vida mejor: la vida del arte, de
la gloria tai vez...
Emilio Richard.
La croÌnica. (San Francisco, Calif.) 1914-1917, 1917-01-14
CURIOSIDADES

Sc dice que no es raro que un
condor vuele a una altura de g.
500 metros.
La Cruz Roja francesa usa au-
tomoviles provistos con apara-
tos de rayos X.
En- e1 Jap6n jamas Sc constru-
We una casa sin bendecir de ante
mano ell sitio.
Calculan los sociologos que,
entire los s~olteros. Ell SO por mil
son criminales, mientras que en-
ire los casados este promedio
solo alcanza a TN Is por mil.
Sc ha probado que n casa de
ladrillos. bien c%onstruida, dura
mas que una de granite.
En- Siberia muchos rios corren
sobre TN lecho de hielo.
En- los astilleros norte-amerio
canos Sc estan construyendo Z5O
buoues mercantes con n capa-
cidad de un million de toneladas.
Fs possible localizar cualquier
espina clavada bajo las unas, CO.
locando en- una habitacion oscu-
"a el dedo herido, sobre la lente
de una lamparilla de bolsillo m
cendida.
Ell conde de Grey, celeb "a
zador ingles, cazo entire %y
1905. la enormidad de I'LL TAI
sanes, S9,4O1 p~erdices. 47,4 ? "a
1Iinas de monte, 26,747 con
iiebres, 2,735 agachadices. 2,Oz7
chochas. 1893 patos salvajes, s.
067 venados. II bufalos, II t.
ores. 2 rinocerontes y unas 9'oOo
6~iezas de otras classes. Total
unas II 900 pleas por ano.
La croÌnica. (San Francisco, Calif.) 1914-1917, 1917-01-14
a dc Enero de 1917

hire COmpdQeCluO NC iii lHlOl lu-
40 ouiso que compartiera con
ms biios la algeria y la cena de
Navidad.
Aouella cena fue para mi la re-
,,elaci6n de un mundo nuevo, in
Ne trajo a un sexto piso de
una casa mas que humilde de es-
% mismo Barrio Latino.
La familia al principle me re-
c;b;6 con cierta eXtraneza; pero
ooenas mi maestro hubo habla-
do en- voz baja a su sonora y a su
madre cuando corrieron los dos
hacia mi con los ojos prenados
de laqrimas Y me besaron y me
n~rodigaron infinidad de atencio-
mes con una d~elicadeza tan es-
nontanea como sincera.
Me rodearon los ninos, con-
tentos de tener I'm companero
o ouien jugar aquella noche
de expansion y de comilona, en-
que no debian acostarse hasta
las tantas de la madrugada,
cuando va hubiesen despojado al
"arbol de Noel de todas u ga
las.
La asa me parecio miserable,
hecho como estaba al lujo de la
mia. Me causaba verdadero
asombro que pudiese vivir ALI
contenta y satisfecha I'M familia
tan numerosa, entire muebles ro-
tos, camas agrupadas en- las re-
ducidas alcobas...
Nc era 20 solo ell invitado.
ALA, a las once de la noche, lie
garon dos amigos de mi macs
tro, pintores como Ell. Ambos
iban cubiertos con grandes SOM
breros de anchas alas. Chaqueta
de pana, cerrada, de solapas;
pa~ntalones anchos por arriba,
que Sc iban estrechando hasta
quedar sumamente ajustados a
las botas. ~ despues las mele-
mas, la barba. la pipa!...
Yo les miraba absorto.
La mesa estaba puesta en- Ell
estudio, con un mantel que no
alcanzaba a cubrir del TODD. Los
vases, los platos, los cubiertos,
ademas de ser cada uno de su
estilo y de no estar ninguno
completamente entero, eran es-
casos. No habia servilletas para
todos, y mi maestro y uno de los
pintores Sc prendieron un perio-
dico.
Y lego la cena, con gritos de
jubilo por parte de todos, gran
des y chicos. Aquella cena quiz
zas la hubiese yo rechazado en-
mi casa; pero ALI, contagiado de
la general algeria y del unanlme
apetito, me supo a gloria.
iY que diferente a las que en-
mi casa sc c~elebraban! iQue cor
dial franqueza reinaba entire to-
dos! iQue algeria mas sana!
Que apetito mas voraz! Parecia
que todos hacian gala de un
hambre Gamma. No comian con
esa diferencia del buen tono, sin
hacer caso de los manjares, sino
celebrandolos, emitiendo cada
uno su opinion, como 81 sc trata-
Sc de algo muy importante.
Despues vino ell champagne
dos botellas no mas-y crecio "a
algeria, y cada uno de aquellos
The Barre daily times. (Barre, Vt.) 1897-1959, 1917-11-07
EAST BROOKFIELD

Mrs. f. c. Angel of Randolph has beer
visiting at j. NJ Angeles.
| Mr.. and Mrs. Alden Savage have re.
turned from their wedding trip and are
living for the present at c. H. Bigelow's
Frank Peabody, travelling salesman
from Buffalo, n. Y, is visiting at +
f. Holmes.
The Williamstown Congregational
choir rendered several pleasing selections
at our church last Sunday.
The ladies' society held their annual
meeting at the church parlors last Thurs
day, eecting the following officers: Pres
ident, Mrs. Bessie X Wheatley; vice
president, Mrs Ina Austin; secretary,
Mrs. Jennie Wheatley; treasurer, Mrs
Alma Metcalf; directresses, Mrs. Frank
Richardson, Mrs. John Perham; eollec-
tor, Mrs. +. H. Wilcox.
+. Ii. Wilcox had horse fall in the
road and break its leg last week
North branch school and teacher, Miss
Rule Angel, entertained east hill school
and teacher, Miss Ruth Trask, with
Hallween party last Friday night. Both
schools were in mask and after spooky
ghost walk and several Halloween stunts,
light refreshments were served
Miss Addie Harrington entertained sew
eral of her schoolmates last Monday
night in honor of her twelfth birthday
After series of birthday games, de-
lightful luncheon was served the guests
The Barre daily times. (Barre, Vt.) 1897-1959, 1917-11-07
NORTH RANDOLPH

AT the North Randolph grange Fri.
day night, Nov. Q, the program will be
as follows: Music, choir; roll call, re-
sponded TO by giving a current event or
ancedote; piano solo; reading, Mrs. Ben
nett: paper, "The Best Things in Life; >
vocal solo; reading. Nettie Ashline; talk,
Preparation for Winter and Marks of a
Thrifty Farmer Arthur Parker; mu-
sic, choir
Silas Newell has a Ford auto.
Fred Rich has moved to Royalton
Mr.. and Mrs. Andrew Fits and Eli
Fits of Windsor were over Sunday
guests at f. A. Fits
Mrs. Ben Comstock has been entertain
ing her brothers of Chelsea.
c. Il. Taft and family and A. J. Dur.
kee and sisters spent Sunday at c. II.
Taft's in Royalton.
Misses Nettie and Dora Ashline have
returned from visit in Troy, N. Y.
Mrs. Arthur Parker is teaching the
hill school. as Mrs. Riford is ill.,
The Red Cross will hold dance and
harvest supper at the hall Friday even
ing, Nov. l6. Good music will be fur.
nished. All are cordially invited.