davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Bankers Smooth
Way for Issue
Of u. S. Bonds
No Further Loans to Allies
Expected Until Nations
Needs Are Financed

While so far as can be learned no
formal conferences have yet been held
between Wall Street bankers and
Washington officials D. the matter OF
government bond issue, both j. ?.
Morgan and Frank A. Vanderlip were
~ Washington last week for the pur-
pose OF discussing some Of the impor-
tsnt nhases of the financial situation
with officials OF the government.
The amount of the governments
first bond issue TO finance its war
needs. according 20 information re-
ceived By local bankers, will be either
S75O,000O00 or Sl,OO0,0O0,0O0 Mean
time, no immediate pressure from
Great Britain and France for further
credits is expected.
This IS due to the fact that the Brit
ish Treasury has about completed ar
rangemen.s 10 reissue in this market
in the form of dollar bonds approx
matelySl75, 100000 of sterling securities
of the Canadian Pacific Railway. These
securities, which have come into the
possession Of Great Britain under lta
mobilization plan, by being transferred
to American ownership will serve 70
stabilize the exchanges of our Allies
in this market for short time. Mean
while, plans for financing their future
purchase mere will be matured.
Most Of the leading banks and bond
houses have announced their intention
TO do all they can to assist the gov
eminent in placing its bonds in the
hands Of investors. ingalls, Kimball,
president Of the National Thrift Bond
CORPORATION, in a message to Secretary
NcAdoo Yesterday, offered to place the
organization Of which he is the head
AT the disposal OF the Treasury De-
nartment for merchandising securities
in small denominations direct 10 the
public.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Sale OF Porto Rico Bonds
for Municipal Improvement

The municipality Of San Juan. Porto
Rec ma sold $4,000 per cent re-
funding and Improvement bonds az
No7.37 20 bond buyers from the Cnited
states The premium places the bonds
ont4656 per cent basis. the best rate =,
O. which any municipal bonds OF me
Island have been sold OF tho proceeds
Of the bonds approN mstcly 100000 IL
FOR refunding purposes. and the bal
snes IL FOR tie following municipal nm !,
nroremcrt.: Opening and paving OF
s'rstts. SAP 900. sewers. 100000 gar
sge incinerator. 10000. and three pub
&c isundries. $4,000.
Within a short tim" the CITY, u IS
reported. will offer for sale an sddii-
oasl lot Of S785.000 b per cent bond T.
le proceeds Of which viii be appiisU
building a new water system
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

profit than IN the last two years. but
it is equally true that the volume Of
business. already enormous, will tend
to increase so far as the supply Of
labor will permit and that industry
may safely count upon a fair profit.
Our foreign trade will probably tend
10 grow rather than TO decrease, and
the same thing applies to domestic
demand. The foundation Of Ameri-
can prosperity is solid enough 10
withstand almost any shock it may
be called upon to meet.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Rutland Railroad
Dividends

L. Is Rubber. Regular quar'cf'> ON IU, ,i
Of . rer cent On the first preferred Snu
pr cent or the second preierrc! sUoN P~'"
bio At... 90 stock of rccoid Ap'"
Babeoek a WILCOX. Dividend a. u' -.
al fc- .en, per annum PnyHos w To-
t.ry ts.merts. beginning with July l'4 De-
An.,,,,r NAVIGATION. Regular quarterly
dividend az 9 per cent. April 90.
United Coal Corporation Regular onSr-
49, @'l.degd of n. per cent on the pre-,
i,-re6 ,tock. payable April 20 TO ''''A o.
record April r. go.
Ciu.tt P.sbody. Quarterly dividend o. 2
per cent on the common stoc1' payAoe -'"'
B 70 stqrl o. record April lf.
National Brewing. Semi-snnoAl p'' 80
Of 81 ben cent on The preferred stocN' pN'~-
BE Va, ! 10 stolk Of record April TO-
Copisrss Mines. Quarterly DIVIDEND o. ,
psr cent. payable MAY 20 stock oi RECORD
April %
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Saturday, AprH &, 1911

With a deficit in the worlds food
supply it is probable that the largest
Of the war problems which the
United States must face will consist
in finding a way TO provide for
our own needs and for a large part
OF the requirements Of our Allies.
OF men. war materials and money
We have enough and to spare. To
provide these things in ample guam
titles will he comparatively easy,
since the difficulties which must be
surmounted have to DO merely with
efficient mobilization, and the kcenest
brains i'm the country are engaged
on the task. The food question is
likely to prove more difficult Of solu-
ton, because nature is apparently in
"a grudginc mood. Vast areas Of the
winter wheat planted last fall,
ruined by adverse weather, have
been abandoned The report Of the
Department of Agriculture gives the
condition of winter wheat on April
as GA, a decline Of 22.3 points
from December I last, whereas the
average decline in the preceding ten
years between these dates was only
4 per cent. Examination Of the re-
ports for the last fifteen years fails
to disclose anything like so low n
condition as that reported this year.
The indicated yield Of 430,0OO,OOO
bushels is the smallest since 1912.
The worst report on any CORE
spending date in the last fifteen
years was in 1904, when the condl-
ton was given as 76.5, or IS points
above that on the first of this month.
It is pretty bad repor' yet it should
be remembered that having appar-
emily done her worst, nature may
now relent. as is its habit, and allow
the production of a much larger crop
than is indicated by the statistics.
Moreover. there is little doubt that
a record acreage Of spring wheat
will be planted. Much Of the win
ter wheat area abandoned as hope
less has already been resown to the
spring variety, and with the double
stimulus of patriotism and high
prices it is confidently expected that
the American farmer will make every
possible effort to wreSt the maximum
Weld from his land. Nor does the
world depend on wheat alone. A
great crop Of corn and other cereals
would go a long way toward offset
ting any deficiency in the output Of
wheat. Some revision Of habits in
eating may be necessary, but there is
little prospect of an actual shortage
of Sustenance.
All necessary precautions should
be taken, however, to insure maxi
mum production and a minimum of
waste. 1t has been said that other
peoples could live comfortably on
what we throw away, and there IS
much truth in the statement. In
peace time thrift is a virtue. In
war time it is a necessity. The
people should be aroused to that fact
through organized effort. Fortunate
". the officials seem to be alive to
the needs of the situation. That Is
an encouraging fact.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Seldom. if ever. has the business
community of any nation received so
momentuous an event as our en-
trance into the war with such tran
ouillity. War had been pretty we'll
discounted. Surprise, always dan
gerous element, was wholly lacking.
More important than that, however,
is the fact that the country Is enjoy
ing unriyalled prosperity and is IN
better position to meet whatever the
future may hold IN store than any
country ever was in the past. 1t Is
true that business will probably have
~ he conducted on smaller margin of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

week. Provision is made in the mort
gage FOR 2l9 per cent sinking fund.
After 81 has been set aside for the
10000 shares Of stock sold in connec-
ton with the capital readjustment so
per cent Of the earnings in excess OF
this requirement will be used in re-
firing bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Cost Of one do.IaI

Closing rates yesterday, compared
with week ago, are given in the table
below. American bankers have sus-
pended al dealings in German ana
Austrian exchange. so that daily quo
ta,ions FOR either marks or kronen arc
TO longer available.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Triangle Film COrpOgation.-This com
pany has issued a statement OF It's con-
dition on December 81, 1915, showing
It's cash balance on that date was sl40,.
533 and profit and loss surplus sil ,569
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

New Haven Notes.. P. Morgan &
Co.. managers Of the syndicate which
underwro1e the S45.000,00O New York,
New Haven & Hartford notes, have
notified syndicate participants that
subscriptions have been received in
such volume as 20 relieve syndicate
members from any obligation IN the
transaction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
gennecot Copper Corporation. -rro'

duc.ior o. copper by tins company uu1
nr Narcn was 100000 pounus, So.n
pared w.,h 100000 pounds ~ ItoI w.
trv and 100000 pounds I'D Sanu"'
The combined production TOT Nal u, ~ ~
The Kcnrecott and Braden COPPER ~. IL
psnies amounted TO l3'VIo''OO poJI'iJi' >
rgains. 1o53O,O00 ln February anu H.
Is 600 hounds iu January.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

.o,,. together with the Intrinsic goa
parity. as calculated b. 'he United
Stntes VIM:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
New York Federal Reserve
Neic York, april Z.

New York, april Z.
The condition Of the Federal Reserve
Bank of New York at the close of busi-
ness Friday, compared with the preyi-
Gus week follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
S99t,t3t,ooo
Total liabilitics.........$9S

Gold reserve against net deposit ard
note liabilities. 73 per cent.
Cash reserve against net deposit and
note liabilities, 75.4 per cent.
Cash reserve against net deposit La
bilitics. after setting aside 40 per cent
cold reserve against net liabilities on
Federal Reserve notes i'm circulation,
76.1 per cent.
In the above statement The principal
items compare with one year ago as fol-
lows:
Total gold reserve. Inc $237,764,oo
Bills discounted and accept
ances bought. S6'SI9OOo
Due TO member banks Inc. 334,722- GOO
Net liability for notes Inc. 4,I9o,VoO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
German Bank Statement.-Rer!In. ~

London. April THE statement Of the
Imperial Bank Of Germany issued
March 81 shows the following changes
in marks):
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Relevant Facts

Quaker Oats.-The company has sled
a certificate with the Secretary OF state
for New Jersey increasing is capita.
stock from Sl9.O00O0O to S3O,OOO'oO0
made up Of $l5,OOO,OOO preferred stock
and A similar amount Of common stock.
In0ersoll.Rand.--Ne earnings fof
the year ended December 81, 1915, wh.cn
amounted 20 S7.99j,lj6, exceeded those
Of the previous year By So i65,272, and
earnings applicable % the common
s,ocs. after providing FOR preferred
.,ock dividends. we're equivalent 20
Ss5l- share on 5I0.eoo.035 common
sock. compared wi,h 1885 share on
s,.ifg.4OO common stock in 1915. Sur
Mus a. of Dec. 81 totaled i7,lo4'Os8
against sl535559 in the year preeed-
.ns
A bill introduced By the Danish MIN
i,ter Of Finance % rsise the tax on
spirits 100 per cen. mas passed the
Folketh.1g. The revenue IS expected
% bo increased from 100000 20 d.
100000 s-ouec s. 100000 20 $4,000
11o. =. e Intended 20 u'e the add
Iona. revenue % mitigate u1emp.oy-
~er. resulting from .ho s.oopage OF
indus,r.cs. The proposal 20 increase the
taxes on wines has been abandoned. &C
cording 20 the "Natioual,iderde." after
negotiations with the French Legation.
II is admitted that bread tickets will
be introduced. T he stock taking OF
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Clearing House Statement. ne
weekly return Of the Clearing House
banks yesterday disclosed an increase
Of Sf9,711.8l0 in the excess OF cash
over legal reserve requirements. lhis
was due largely 20 the weeks gold I'M
ports and the deposit with local banks
Of tho $4,000, 900 received by the Dam
ish government in payment for the
Danish West Indies. An increase Of
&49,?S3,o0O in loans and discount re-
Elected large syndicate operations IN
connection with recent corporate iinanc-
ing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
United States Government Loan

CONGRESS- will no doubt in the immediate
future authorize q Government Loan to
meet war expenditures Confident that
every one will desire to participate in this
first war loan to the utmost extent, we
beg leave to place our facilities at the
disposal of the public to handle subscrip-
TONS without profit or commission of any
kind whatsoever
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

rrain showed tia, tie stores were loo'-
600 IONS less than last year. Sugar
cards have already been in use since
January.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
N.iinnal ConduI: ant Cable COmpany

National tonuGit anu N@U'V
Tho s5OO0.00O two-ycar per cent
bonds OF this company. which were re-
esntly purchased By the Nationa! City
Company and Montgomery. Clothier &
TYLER. will be offered publicly this
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

DIV GOOds Trade NCITNV VH'V"sV
April Marshall Field & COMPANY
ID their weekly review or thc or
Goods trade saw: "Wholesale dlstr'bu,
lion OF dry goods continues 10 eAceeJ
fhs large volume Of a year ago. la.
ss'ss for immediate delivery are apou'
,,r,l 20 the same week Iast yea
yhls road sales FOR future. de4INelS
are cons eerablv ahead Of the CORE
,5ord.rr period OF 1915. customer
lave beer into the market IN snia aye.
~rrbsrs tban Tor the same week ias'
,t,r collections are larger.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Cold boarded by private individuals
g, France Is estimated at +,0O0,0OO'oOo
francs $500 900, 900. A bill for new
,,i,.sqe 5 proposed. in order 20 com
,el hoarders 20 place their gold at inc
t,srossl Of the country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Govt. deposits. 3.247.5l4 o'o9f'l@o
Iuo 90 other
J. T. banks
met. - ses7.449 a,7oo834
Total rabls s3o8. ss5, 1913 S273,174,694
ICI. Res. rotes
outstanding st76aO7715 Si659o9.5l5
Secured fol-
lows: Gold
deptod with
]. r. agent. i76,607Tio oo,so5'o %
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

N Span the Government IS eonsid-
.-iag the question OF reducing b. 80
Der cent the paper supply for news
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Below is given the current eNcha5e'
value o. foreign money IN dollars sEa
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08
Corporation Returns
Lou,,,ille 4 Na,hyillt

Chicago. Burlington & Quincy
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

Silver Bars in London, $685. pence;
lcw York, 1885 cents; Mexican dollars,
rs cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-04-08

sub Treasury. -- New York banks
lost to Sub-Treasury S46O,465.
The Birmingham age-herald., 1917-09-22
Vardaman's Friends Are
 Active in Mississippi

Columbus, Miss, September 21.A pe- tition requesting Senator James K. Var daman to come to Columbus and explain to his local constituents why he has taken such decided stand against the administration in it's war policy is being circulated here, and while some who have been approached have declined to in- dorse the movement many others have signed the document About 200 sigma lures have thus far been secured
 Although Lowndes county as whole does not indorse the stand which the iu- nior senator has taken against the ad- ministration, he still has many warm friends here, prominent among the num- Der being Rev. James McCaskill, who IS circulating the petition.
 Every train which reaches the city Is bringing additional students to the Mis- sissippi Industrial Institute and College and about 7s0 young ladies have already matriculated. The large attendance, in view Of the fact that requirements for admission have recently been materially increased, is very gratifying to officials of the institution
The Birmingham age-herald., 1917-09-22
BUSINESS NOT YET
 RIGHT OR UNIFORM

New York, September 2.--Dun's review tomorrow will say:
 The gain in business with the advanc- ing season is not vet general or un- form, and rather less of it is seen in the east than at other points. Where none at all appears, or where there Is some actual recession. it is plainly due more to uncertainty than to lack of confi- dence in the future. At bottom business in various branches has hesitated be- cause the. outlook has been and still is more or less clouded, and the tendency to act with caution in anticipating for ward wants crowns in many quarters. But while the present policy of conserva- tive purchasing, and more largely for immediate and certain needs, contrasts sharply with last years rush to contract far ahead at almost any figure, and is disappointing to some interests, it is one which clearly markes for more wholesome conditions and more stable progress The inevitable reaction from the extreme prices reached during the time of unprecedented demands had all ready gone some distance In certain of the chief materials of industry and the readjustinents have in some cases brought with them signs of reviving ac- tivity and not few buyers still hold off for further concessions by sellers.
 Weekly bank clearings, $5.os4, ,lss,soe
The Birmingham age-herald., 1917-09-22
AMERICAN ENGINEER REGIMENT IS UNDER FIRE FROM A|RP[ANE
By the Associated Press

American Training Camp in France. Thursday, September 20-By day and by night the men of the American sregi- ment Of engineers, which has taken over an important line of French strategic railways, are hauling tons upon tons of ammunition and other supplies to the french army units, operating against tRe Germans. The American regiment has been turned over as unit to the French and is getting all it's supplies ex- cept clothing from the French govern ment The officers and men entered upon the work with the greatest enthu- siasm, and they already have been under German bombs and machine gun fire from airships.
 Within the past few nights heavy train of supplies hurrying toward the front, was attacked by several enemy planes. None of the. bombs came dan gerously close, but every time the firebox of the engine was opened for stoking the planes swooped down upon the train and spattered 1t with steel -jacketed bull lets. The fire got so hot that eventually the train was stopped, the crew taking refuge beneath the engine. Relating their experience afterwards, these trainmen rather swanked about it over their in experienced brothers.
The Birmingham age-herald., 1917-09-22
LEGAL SALE OF
 PLUMBING BUSINESS Plumbirg Business of D. w. Yarbrough, Deceased, to Be Sold at Public Outcry

Georgia, Fulton County.
 By virtue of the power given in the will of D. w. Marlborough, deceased, his executrix will offer for sale at pubic outcry on the premises, No. 10 Equitable place, Atlanta, Ga, at 3 o'clock D. m on Wednesday, September 26 1917 the assets of deceased at his former place of busi- ness, 10 Equitable place, as shown by the inventory prepared under the direc- tion of Alonzo Richardson & Go, audi tors, consisting of
 1 Merchandise and plumbing SUD- plies inventoried at ..-...,..s..... $S, 42S .02 2 Tools and equipment including
 one wagon and one buggy, in ventoried at ......................, S51. 80 g. Ford automobile, inventoried at $50 .00 ( Office furniture and fixtures, inventOried at ...................... 46l .00 Including the good will of an estab- Nshed business and an advantageous i've year lease on central location. Assets will be offered as whole. Terms cash, unless arranged otherwise by special agreement. Open accounts, unfinished contracts, files and books not included, For inspection of inventory and assets and further information call at 10 Equita- ble place or see undersigned.
 MRS. HELEN M. YARBROUGH,
 Executrix. w. A. Fuller. Attorney.
 1021-10Sl Healey building. Forrest & George Adair, Agents.
 Atlanta National Bank building.
 Atlanta, Ga.
The Birmingham age-herald., 1917-09-22
TH|RTY-FVE GERMAN DIVISIONS FIGHTING ON FLANDERS LINE

Grand Headquarters of the French Army in France, September 21.-Thirty- five German divisions have been engaged in the fighting in Flanders during the course of the six weeks from July IS to August 29, eight of which are still in the front line. Nineteen of the German divisions have been withdrawn and now are undergoing reformation in rest camps, the other eight being assigned to defend quiet sectors along the fighting fronts and elsewhere.
 The average duration of the occupa- ton of front trenches by German divi- sions before their withdrawal is only eight days, in which time the casualties became so heavy that their retirement is compulsory. During similar period of the Somme battle a year ago, S4 Ger man divisions were engaged 22 of which were Withdrawn as a consequence of casualties after F days fighting. During the Verdun fighting, which began on An gust 20. 10 German divisions, including four reserve divisions were withdrawn after fighting from minimum of two days to maximum of four days. Eight of these divisions were regarded as ex- ha1sted. Six new divisions, which re- placed them, now occupy the line
The Birmingham age-herald., 1917-09-22
LEGAL NOTICES
Notice of Letting Contract

Notice of Letting Contract
 Notice is hereby given that the highway commission of Pickens county, Ala, will, tip to 10 o'clock, a. m, Thursday. October l. 1917, receive sealed bids for grading, grayeling. fencing, hauling and placing pipe and making concrete pipe, all ac- cording to plans and specifications on file at probate judges office, Carrolton, Ala. the following roads: The Carrolton and PiclSens road. distance miles: state line to Pickensville, distance 10 miles; the Pickensville-A -Anniston road. distance 10 miles, Reform -McSilas road, distance 10 miles; McShas state line road, F miles. Approximate quantities as follws: Grad iEg, l50000 cubic yards; graveling. 40,5O0 cubic yards; clearing and grubbing, 800 stations; pipe, $500 lineal feet; bridging, 100000 feet. Plans and specified tions may be had at the office of Gus E. Hauser, consulting engineer Columbus, Miss, for s. Each bid must be accompanied with certified check for per cent of the co5t of each bid, made payable 10 E. c. Rob- inson chairman.
 The highway commission reserves the right to reject any and all bids. Sgnrd
 E. G. ROBINSON, Chm.
 w. c. SPARKMAN.
 CHARLES R. HORTON. [ Highway Commission Pickens County, Ia ba ma g-5-20t