davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1917-06-28
TO EXPEL RAUTENF Els
GERMAN OFFICIAL ACCUSED OF
BOMB PLOT.
Norway to Hand Over to Germany
One of Her Officials, Who Is
Charged With Conspiracy.
(By Associated PreSs)

London, June 2s.-A Copenhagen
report says that the Norwegian 'po-
ice, investigating German plot to
blow up Norwegian vessels with ex
rlosives brought in by courier OF
the German foreign. office, probably
wihnhand over Baron Rautenfels, ar
rested in connection with the conspir-
acy. to the German authorities Fri
day. ~'a {9rc hl5g
Imperial Valley press., 1917-06-28
PRIESTS IN PRISON
ONE GIVEN YEAR FOR PREACH.
ING CHARITY.
Belgian Clergy Mistreated by German
Officials. Who Show Their Resent
ment of Priests Teachings.
(By Associated Press)

Amsterdam, June 28.-According to
the Telegrafa newspaper, several
priests of the encourage of Cardinal
MERCER, primate of Belgium, were ar
rested and imprisoned in Germany re-
Gently. Twenty were imprisoned in
Belgium including the cardinals pri-
cate secretary, who was sentenced to
a years Imprisonment for preaching
} sermon on Christian charity.
Imperial Valley press., 1917-06-28
WILL FIGHT EXTRAD|T|ON
FRIENDS OF COCCHI TO DEFEND
ACCUSED.
Confessed Slayer of Cruger Girl Says
He Will Not See
Lawyer.
(By Associated Press)

(By Associated Press)
Bologna, June 28.-Alfredo Cocchi is
quoted as saying:
81 feel myself acquitted morally, but
am ready to undergo the legal penalty
of my crime" Yesterday he told a
friend: 81 am guilty. want to pay
the penalty. Why spend money on a
lawyer? don't see him." Cocchi
end friends, however,~are believed to
abhor the American electric chair.
They are starting fund to fight ex-
tradition.
Imperial Valley press., 1917-06-28
SWIMER CONVICTED.
(By Associated Press)

IBy ASSOCIateu I'TeSSJ
Newark, N. j., June 28.-Adolph
Swimer was today convicted of threat
ening to kill President Wilson. He
was sentenced to one year and one
day in the penitentiary. He is farm
hand.
Imperial Valley press., 1917-06-28
WHEAT TRADING CONTROL.
(By Associated Press

Nby AsSOCIattu fFeSSJ
Chicago, June 2S.--President Griffin
of the Board Of Trade stated today
that government plans for food con-
troll include the absolute control Of
wheat trading in all its commercial
aspects. There can be no speculation'
he said. Buying and selling of Other
grains will not be restricted.
Imperial Valley press., 1917-06-28
THOUSAND RECRUITS.

Sacramento, June 28.-About a thou
sand enlisted this week in the regular
army in California. A thousand more
are needed by Saturday to complete
the quota.
Imperial Valley press., 1917-06-28
BULGARIA MAY BREAK.
(By Associated Press)

Copenhagen, June 27.--Although
bulgaria is opposed to, breaking Off
relations with the United States, the
fear isaexpressed that Premier Radio
s'avoff may be compelled to purchase
concessions for which he went to Ber-
I'm, by the sacrifice of American re-
lations as part payment.
Imperial Valley press., 1917-06-28
UNSUITABLE VESSEL
CaryO Vessel That Will Thwart Sub
4' marine Is Accepted by Ital-
ian Authorities.
lRX Associated PreSSl

Rome, June 2S.-Umberto Guilceric,
a naval engineer, has designed new
type of unsinbable cargo boat which
tas been accepted by the ministry of
marine. 1t has a double skin and a
space between the hulls is filled with
coal and other material to protect it
from mines or torpedoes.
Imperial Valley press., 1917-06-28
SAVE BARNARD REFUSE.
Sent Out to Farmers to Con-
serve Crop Building Material.
(By Associated Press)

NBy ASSUCIIt gu = rcNs'I
Washington, June 28.--Over bill
lion dollars worth Of barnyard refuse
is wasted annually in the United
States, which is national tragedy, ac-
cofding to Carl Vrooman, assistant
secretary Of agriculture. He appeals
t. the farmers the conserve the ma
npre and apply it judiciously.
Imperial Valley press., 1917-06-28
HIRAM SLATED FOR SLAB.
Former Governor Picked for Death b,
FL" /. w. WIS Last Year.
(By Associated Press)

= San Francisco, June 2S.--Assistant
district Attorney Ferrari declared at
the Mooney trial today that Hiram
johnson was marked for death by the
Industrial Workers Of the World De-
fense League when the then governor
cf California failed to pardon Ford
and Suhr, convicted rioters.
Imperial Valley press., 1917-06-28
MONGOLIA LOSSES.
Six of Those Aboard Inflated Ship
Not Accounted For
(By Associated Press)

London, June 28.-Three passengers
of the Mongolia-two Ilnglishmen and
one Parsee-are unaccounted for, and
four British engineers and ten Lascars
of the crew were killed in the explo-
sion of a mine which sank the ship.
II is officially reported.
Imperial Valley press., 1917-06-28
RANCHERS FLEE AS DAM
BURSTS; MANY DROWN
CANDIDATE is INDICTED.
Socialist Accused of Attempting to
Prevent Draft Registration.

Cleveland, June 2S.-The Chicago
olice today were asked to arrest c.
E. Ruthenburg, secretary of theCleve-
land Socialist party and candidate for
on federal indictment charg-
ing that he had attempted to prevent
draft registration.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
"Not Surprised" Says
Southern Pacific Official

J. P. Blair, general counsel of the
Southern Pacific system. issued state
ment yesterday from the local Offices
Of the company in which he said:
THE refusal Of the court TO divorce
the Central Pacific from the other lines
of the Southern Pacific system is Of
very great interest TO the railroads of
this country. The suit was an attempt
BY the government 70 break up a union
which was made nearly fifty years ago.
II the construction Of the law upon
which the government proceeded were
accepted BY the courts scarcely an eX-
isting railway system could escape dis
solution.
The grounds Of the suit were that
prior 70 1885 the Central Pacific lines
and the other lines Of the Southern
Pacific system were competing lines,
that lease Of the Central Pacific lines
to the Southern Pacific Company, made
in 1885. destroyed this previously ex-
isting competition, and was therefore
sn undue restraint Of trade. IL was
further claimed that the ownership by
the Southern Pacific Of the Central
Pacific lines was a violation Of the Pa
cifc Railroad acts under which the
Central Pacific and the Union Paeihc
were constructed. for the alleged rea-
son that such ownership prevented
those lines from being operated as one
through line so far az the public was
concerned. The answer 20 this was
that the common ownership complained
OF had been in existence ever since the
construction OF the Central Pacific:
that there had been no substantial
change in the methods o. operation
with the Uuioa Pacific cxcet ID the
way Of closer cooperation; that the
Union Pacific had never comp aimed
and was perfectly satisAed with the
way in which the two lines were being
operated as 5r- through line.
"The decision was not a surprise
The government did not produce
single witness from the shipping pub
lie 20 complain Of the alleged competi-
ton destroying combination. The
Southern Pacific, on the other hand.
offered the testimony OF shippers and
representative bodies throughout the
communities served b. IL TO tho effect
hat tho diqzolutiOn sought by the gov
eminent was opposed with practical
unanimity b. those for whose eenens
the government was assuming 70 act"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
The market Letter" Simplihed

The rubber-stamp stage has been
reached in stock speculation. Brok-
ers have been sadly overworked for
the last six months and may have 70
take a vacation unless the strain Is
removed. One of the newer firms, TO
facilitate speculation, has now
adopted the rubber stamp as an
auxiliary. 1t sends out a postcard
stating, eve call your attention TO
the new situation in - - Co.
Recent months show a decided change
in earning power, and surplus avail
able for dividends" The circular
goes on 10 say that the market posi-
ton of these issues is likely TO be
strongly affected in the near future.
Whenever speculation becomes mac
tive. the broker may send out a
series TO stimulate interest among
prospective investors. Of course the
same facts apply to all companies,
and the rubber stamp reduces type
writing. The value Of a rubber
stamp invitation TO invest seems
doubtful. Possibly the brokers now
feel that the public will gulp at a
piece of red flannel or any old bait.
-Enqineerinq and Mining Journal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Coal Scarcity Increases
Use of Electrical Power

Owing 70 the scarcity and high price
of coal. industries in nearly all sec
tions Of the country in the last year
have found it either necessary or 20
their advantage TO purchase electrical
energy from central generating sta
tons in larger amounts than formerly.
In consequence. reports issued by
many OF the leading electrical COM
panies show a material Increase in
power load. According to compilation
made b. The Electrical World" on
data from so per cent Of the central
station companies Of the United States.
the total output OF electrical energy
in 1916. not including isolated plants
or stations of electric railways. was
in excess of 23,O00,000.00O kilowatt
hours. or 22.5 per cent larger than the
1915 output. Gross revenues from the
sale Of current at the same time were
s4i5, 000, 900, an increase OF $4,000
600
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Many Consultations
Among Holland Banks

Frank ". Mahin. United States Con-
sui a. Amsterdam. reports that a
marked tendency has recently ap-
oeared IN the Netherlands toward the
consolidation OF banks. more espe-
cially toward the absorption Of small
vet perfectly sound bank by some
larger institution. Coupled with TINS
tendency ia another toward the estab-
lishment. in provincial towns OF
branches Of the great Amsterdam and
Rotterdam banks. A branch some
tines absorbs a local bank in the pro-
vincial town and thus begins opera
tions there with an established line
Of business. Mr. Mahin says:
The first distinct manifestation IN
Holland Of this tendency toward ex-
tension of business by great banks
through absorption of smaller ones
and opening Of branches was IN l9Il'
Since then. by absorption or creation
-vo great financial enterprises nave
each established IL branches ana an
other % branches. Two other large
Institutions are taking steps IN the
same direction. There being some SOo
banks in this country, many more con-
solidations are possible, and are
considered probable.
This movement is viewed differently
bv TWO factions. One regards II as
tending to strengthen Hollands gen
eral financial condition, and England
end France are cited as examples. Inc
other fears that local interests may
.urer. that competition may be stihed'
and that increased foreign loans may
result. with possible restriction OF
credits to domestic industries. Inc
hank consultations have not yet ex-
tended far enough to give any indica-
zion that those approximations VII! De
realized.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
The Dollar in Foreign Exchange

Substantial improvement occurred
during the last week in the position CT
demand sterling bills. Compared with
a recent low level of S4747s 70 the
pound. the rate for London sight drafts
rose toward the end of the week 70
S4.75 7-16, cancelling much Of the loss
sustained on the decline. Just as the
weakness in demand sterling was DIRE
to the lack of adequate mail facilities
between New York and London, owing
70 the German submarine campaign, 80
the improvement has come with the
restoration Of the service 10 something
more nearly approaching normal TINS
week there has been a greater dispos =
ton TO buy demand bills for the reason
that several boats have been in a posi-
ton to carry the documents TO the
other side. Cable transfers have been
firmly held to the peg price Of
s4.76 7-l6. and the bankers continue &C.
exercise an arbitrary control over .hc
whole sterling market. Gold 10 the
amount of i5.5OO.OOO was received on
Allied account. s2.5OO.OOO from Aus
tralia and the remaining Sl3,OOOOo
from Ottawa. More is expected.
Italian exchange declined further or
the weeks movement. falling to as low
a rate as 1872 lire to the dollar, against
normal Of 5.ls. There was some re-
eovery toward the end Of the week Oh
reports that the Italian government
would obtain fresh credits from France
or England 70 assist her in meeting
her obligations in this market. Selling
Of lire on the current decline has coma
almost entirely from Italy. Another
Continental exchange 70 make a new
low level was Russian rubles, which
dropped back TO 27.70 cents. against ar
intrinsic value OF 5l.2 cents. German
marks were quiet and moved narrowly
around IS cents for four.
In exchange circles much Importance
attached to the pronouncement OF the
Federal Reserve Board respecting the
purchase by American banks and indi-
vidual investors of foreign loans. The
attitude OF the board is expected 20 re-
suit in an increase of exports TO Allied
countries, and that the exchanges will
be affected is regarded az likely.
II you calculate the cost Of the dol
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Dividends

Motor Products Corporation.-Initialo guar
terly dividend Of g. a share. payable April J
70 stock Of record March 81
California Petroleum. Regular quarterly
dividend Of I per cent on the preferred stock,
payable April ! 70 stock Of record March 20.
Southern Utilitiss.-Regular quarterly div
idend OF 2. per cent on Us preferred stock,
payable April 10 stock Of record March IL.
American Graphophone.-R Regular quarterly
dividend Of I = per cent on the common
stock payable April % stock OF record
March Is.
Canadian General Electrie.-Diyidend Of
per cent on the common stock I'D the rsgu-
lar senai-annual dividend Of \ per cent on
The preferred stock. both payable April 20
holders Of record March IS.
Abitibi Power a Paper.-Regulzr quarter
Is dividend Of - per cent on the preferred
stock payable April to holders OF record
March %.
La Rose Corsoiidated Mines.-Usuai quar-
tery dividend Of Sc a share. payable April 20
Dominion Iron q stesl.-Rcgulsr ssmi-sn-
nual dividend OF 3ia per cent on tie pro
ferred stock. payable April 2 70 holden u
record March 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Relevant Facts

s. s. kresge 4 Co. Stockholders
have voted to increase the par value
OF both the common and preferred
stocks from $40 20 500. Directors vot-
ed 70 place the junior issue on 4 per
cent basis instead Of 3 per cent.
Motor Products Corporation. An
initial quarterly dividend Of 81, pay
able April to holders Of record March
81. has been declared The company
reports net earnings for the eight
months since its Incorporation OF $685.
DOL, out Of which the management has
set aside a reserve Of 100000 against
possible adverse market conditions.
The net for the eight months Is equal
to 1854 a share or the 10000 shares Of
the stock outstanding on December 81
last. In January last gross sales to-
tailed S753,41s and for February 1884,
342. Cnflled orders on the corpora
tons books as of March 1. 1911. were
between $4,000, 900 and $1,000, 900.
California Railway and Power. "A
special meeting OF stockholders Is
scheduled to be held in New York CITY
on March % for the purpose OF taking
action in regard 20 the proposed plan
Of reorganization OF United Railroads
Of San Francisco, which involves among
other things the disposition by Caiifor-
MIA Railway and Power of the securi-
ties held by it Of United Railroads. in-
Guiding stock of the San Francisco
Electric Railways and the receipt OF
securities in such reorganization and
for consideration OF any other matters
having to do with the proposed reor-
ganization.
Long Island Railroad--The report
that the Penncylvanis Railroad might
undertake to guarantee the proposed Is
sue Of per cent debenture bonds was
denied yesterday in statement issued
by Samuel Rea, president Of the latter
company. Mr.. Rea also said that no
further offer would be made By his
company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
FINANCIAL .'EyTlNGs
,orrHFRN P. 40 COMPANY.

NO7 ICE CF MEETING.
fs ] -oadwa-. New York y. r
~ ANU MestIng Of the Stockholders
n ~ outNr-o ParIfc Company VIII b"
- IN once u this Company in
Isl r.. J fersou County. ken,uckr. o.
Ne ~. april {. 1917. a. twelve o'clock
90. csadzIl SINE. fo- the following pur-
pos Va.
70 s,scf nftean Directors
70 tfauS1ri aii such other business 2s
~ay legally conc before che meeting. i7-
.1d.ng ne zpDroyai and ratification 81 al
acton Of re Board az Directors and OF
fhs Executive Committee since the las,
annual meeting o. he Stockholders Of this
Company
pr he purposes ~ the meeting the
,ooks tor TIE frln fer o. stock will be
s'ssi a. 70 o'clock noon on Saturday.
larch ~, 1917. and wI.l be re0pened al 10
,cock A n. Thursday. April 3. lai7
By order u the Board u Directors
HUGH NELL Secretary.
Dated January 2 1917.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
News Digest
Foreign
London Pleased with Reserve Boards

London Pleased with Reserve Boards
Announcement. - London. March TO-
Money was plentiful at ga per cent
to-day. Discount rates were quiet and
unchanged at "a per cent for short
and three months bills. Dealers are
undecided about fixing long term quo
tations in view of the possibility Of the
government commencing short term
borrowing in the near future.
Scandinavian exchange recovered 70
well over rs kronen per pound sterling.
The announcement Of the Federal Re-
serve Board regarding increased pur--
chases Of foreign loans created n good
'r0ression in financial circles.
Traders are looking for an early an
nouacemcnt Of the closing Of the Stock
Exchange Sotu days.
Only small business was trsn ssctee
"a. took Exchange % day. Mos o.
la .rnt ng was in rubber stocks AMI
Brazilian ard Argentine rails al f-nler
prices. but the tone was generally good
..r tIe exception Of some irreguiarty
~ British funds. American securities
we've dIl. but steady.
p.rs BOurse. - Paris, March 10.
Prices we're irregular on the Bourse
today. Three per cent rentes, 81
.rarcs 25 confines for cash; exchange
ON London, q francs s21s confines; D
Der cent .oan, IS francs centlmes'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Argentine Wool Exports

'-'is vas a slight decline in the ship
as 81 WOO from Argentina Last year
'.ap@Fison with the preceding year.
'-'iies as gwen In The River Plate
-'''F sho~ exports in 1916 of3l4.373
20 Of WOOL o. 420 kilos 1858
- each, a falling Of OF 1878
, = = from me 1915 figures. However,
=. = ne exports we're 2s3,02l bales,
=. 1919, 1881 bales. But not
:, ~ the Increased demand since
-, '--ofsak Or the war have the ex-
"a, IsAcneo the high-water marx of
=. Niln its f0B.f5s bales. There has
-. fszt increase, however. in the
~. y WOOL A member Of the Ar
- Norgrsss. IN presenting a bill
,,,,'y5s ~ export TAX Of 20 gold pesos
49, - cents) per ton on wool,
- 1at The average value Of the
:, 1portsd In 1913 was 373 pesos
q ~ ~ 1914 - rose 70 400 pesos.
Z ~ y increased 20 az pesos, and
f..' y reached 4Zs pesos.
-. nsn 81 per cent Of the wool
800 ron Argentina IN 1916 went
Ia ytitsd states. while Great Brit
'shes ana Italy each took about
~. cent o. the total exports. The
80 o. WOOL importers in the
~ 1tss IN procuring Australian
t,..o 70 strong demand for the
s,,ns wool. the 1915 statistics
.ss, imports Of more than four
hss s'oss 81 1914 The crosE-bred
- american woods are said 10 be-
a., 'sst'sa 20 the manufacture Of
~ ~ IN car mills turning ont
h 49, = aYEa quantities
" A. ssnAe wecl.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11

This is from a German newspaper,
the "Vorwarts":
"Free trade has not yet been low
cred into its grave, but the funeral
procession is already forming up.
Preferential duties for the British
Empire! That means that the self
governing colonies-Canada, Aus
tralia. South Africa and New Yea
land-which in the flaming fire Of
the world war were welded into
closer unity with the mother coun-
try, emerge from their loose politi-
cal association into a firm constitu-
tional and economic association with
old England. England was; Great
Britain is to be. Preferential duties
for the colonies mean higher duties
for other countries abroad. They
will hit Germany's foreign trade, and
they are meant TO hit it. The Brit
ish Empire was our best customer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Consolidation Began in 1870

The decision states that the consoll-
dation Of the Southern Pacific and Cen
tral Pacific actually began in 1870 BE-
fore the Sherman antitrust law IN
der which the suit was brought, was
enacted. and that whatever immunity
or exemption from the operation OF
the antitrust act the preparatory re-
lations existing prior 70 the passage
Of the act implied was not destroyed
by the change in the position Of the
parties affected b. the lease OF 1850
Nor did the amendment Of the lease IN
immaterial respects in 1898 create a
new starting point.
at has been contended,' says the
decision. that the control Of the Cen
.ral Pacific line from San Francisco TO
Ogden BY the Southern Pacific is IN
violation Of the Pacific railroads acts.
The proofs show no foundation. in fact
for this contention. When this suit
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11

was brought and since, the line was
being maintained and operated in every
particular required as part Of a con
tiuuous railroad from the Missouri
River 70 the Pacific Coast. In con-
junction with the Union Pacific there
were through rates and through bill
ings and through freight, passenger
and mail trains.
Service Is Satisfactory
There va. no criticism Of the track.
the service or the schedules. The gov
ernment and the public were being
served adequately. Those statutes re
quire physical connection with the
Union Pacific 20 make the through line
and the furnishing Of equal advantages
and facilities as 20 rates, time and
transportation without discrimination
of any kind. II those requirements
were met. it does not seem material
whether they are performed by the
Southern Pacific a. the lessee or stock
holders or BY the Central Pacific indie
pendently. The petition is dismissed
Judge Carland's dissenting opinion
says: 1T is difficult to determine from
the opinion OF the majority exactly on
what ground the bill in this case is
dismissed. I do net think the evidence
shows that the Central Pacific and the
Southern Pacific we're created origin
ally and have always continued lease
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-11
Saturday. March 10. 1917.

For the first time in several weeks
news is finding reflection in stock
market dealings. The chain of ad
verse events since the upset at the
beginning Of February may have ex-
.rcised a restraining influence on
che security markets, but they failed
to find expression either in the vol
ume Of dealings or price changes.
While unfavorable news was ig-
nored, the Washington developments
Of the last few days were directly
responsible for the considerable ex-
pansion of trading and the strong
upward trend of prices. The Fed
eral Reserve Boards statement re-
garding foreign loans, the calling of
Congress in extra session on April
Is, and the Presidents announced de-
cision that American merchant ships
may be armed, all were interpreted
favorably by Wall Street.
The resulting advance on the
Stock Exchange, to which the pur-
chases Of those who had previously
sold in anticipation of decline con
tributed substantially, carried tn e
average Of twelve industrial issues
to 98.16 at the close of the > week,
which point is fractionally above
the level at which the sapae issues
stood when Germany startled the
world by announcing IN advance the
latest campaign of ruthlessness. The
railroad issues remain apathetic,
however. Transactions are incon-
siderable and prices are stolid. Per-
haps 4 decision on the eight-hour
law, which is expected in a day or
two, will bT.ing them to life.