davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Relevant
Information

Brooklyn Rapid Transit.-Shares OF
the Brooklyn Rapid Transit Company
sold yesterday at the lowest price since
1911, when they were on per cent
dividend basis. On dealings of $4,000
shares, an unusually large turnover for
this issue, the stock broke from 81 to
76h and closed AS points off at n.
The low compared with a high of 90
in 1915. The break gave rise to va
rious rumors, including one that the
dividend might be reduced from the
present 6 per cent rate. The next
meeting will be held in February. Sur
plus of the company for the six months
ended December decreased s5S5,S49, &C
cording to figures published yesterday,
as compared with the corresponding
perjod Of 1915. In the fiscal year ended
June 80 last the company earned 1853
per cent on the stock, compared with
7.4O per cent in 1915. Operating in
come for the first four months of the
new fiscal year ended October last
amounted to s3,761,SSl, compared with
sS,6S2,92 in the corresponding period
of 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Canada's Paner History

The progress that Canada is making
toward becoming the worlds centre
for the manufacture Of pulp and paper
is indicated in figures recently, pub
lished by the Department of Trade AMI
Commerce. For the year ended July,
1916, the exports of paper amounted
to 21,67S,S6S, of which 88 per cent
went to the United States and 90 per
cent to the United Kingdom. This to-
tai is an increase of 81 per cent over
the figures for the year previous.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
E.. vi. SCHWAB
CUTS BETHLEHEM
STEEL "MELON''
Stockholders Receive 200
Per Cent Dividend in
New Shares

Directors OF the Bethlehem Steel
Corporation voted yesterday to in
crease the common stock by s4o,Ooo'-
600. TO convert a portion of the ac-
cumulated profits of the corporation
into permanent capital By distributing
$50 000.0 900 of the new stock pro rata
among the common stockholders as
200 per cent stock dividend, and to
offer to the common stockholders the
privilege of pro rata subscription to
the remaining Sl5,OOo,OO0 Of this COM
mon stock at par, or 500 share.
The directors also voted to place all
the S6O,OOO,QOO common stock on 10
per cent annual basis. This rate Will
apply TO the s45,OOO,000 new stock only
for the last three quarters of the cur
rent year, while on the existing capt.
tai il will be paid for the full year.
The current yearly rate on the exist
ing stock is $50 a share.
As TO the advisability Of an extra
cash dividend from the profits of war
orders, Charles NJ. Schwab. chairman
of the board, stated that decision had
been reserved until the end OF the
year
The new common stock will be known
as "Class b" and will not have voting
powers. This clause was injected into
the plan to assure a continuance OF the
control of the company in the hands
of Charles NJ. Schwab and his assocl-
ates. Mr.. Schab said in this connections;
81 have no intention of parting with
any Of my holdings in Bethlehem steel,
and am sure this is also the policy
of my close associates"
Then he added that when the first
big orders for war supplies we're OBJ
tanned from the British Government
the promise was exacted from him that
during the period of the war the con-
troll of the company should not pass
into other hands.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
OF the Erie Railroad. He has been sue
ceeded by b. A. Eckhart, Of Chicago.
p,ci6c DeveIopment Corporation

Pacific Development Corporation
This company, recently formed with a
capital Of 100000, will take over the
Pacific Commercial Company, an Amer
lean trading company in the PhiiippIne
Islands, and Anderson, Meyer 20,
Ltd, a firm trading in CHINA: VI ,ne
opment Corporation 100000 has been
subscribed in cash at par TO provide
working capital, and provision has been
made 10 issue stock Of the company IN
exchange for stock of the Commercial
Company and the Anderson g. meyer
Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
The Dollar in Foreign Exchange

Another break in Italian exchange
yesterday carried the rate for lire to
7.16 to the dollar, compared with 7.10
on Monday and par of 5.1sls. This is
a new low record. At current quota
tions it takes sl.3s in Italian currency
to buy one American dollar.
Russian rubles also moved lower
yesterday and touched 2s.35 cents, COM
pared with $3.50 the day before. the
Lowest price since the war began. Nor
mally the ruble is worth 51.2 cents.
Sterling, franc and mark rates held
finn yesterday.
Closing rates yesterday. compared
with a week ago, were as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Corporation Returns
U. S. Treasury Finances

Washington, Jan. 23.--The condition
of the United States Treasury at the
close of business to-day was:
Net balance in general fund, $685.
264,811.
Total ordinary receipts, S3,36t,577.
Total ordinary payments, $3,655,2f5.
The deficit this fiscal year is SAL
700,361, against deficit of S57,397,313
last year, exclusive Of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
News Digest
Foreign

London Stock Market.-London, Jan.
90. Maturing Treasury bills increased
money supplies to-day. Discount rates
were quiet. Russian and French Treas
ury bills were in good demand. Bust
ness on the Stock Exchange was re-
strieted 70 neutral bonds and oil stocks,
Russian mines and Argentine rails at
steady prices. The French loan and
coppers hardened, but the gilt edged
section was practically neglected.
American securities declined in sym
pathy with New York. President VIII
sons speech was discussed with inter-
est, but it had no effect on the market.
Paris Bourse.-Paris, Jan. 23.-Trad-
ing was quiet on the Bourse to-day.
Three per cent rentes, 81 francs 20
centimcs for cash; exchange on Lon
don, p francs S112 confines; per
cent loan, SO francs 60 centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

he offered for subscription. The cash
dividend of 10 per cent declared yes
terday on the present stock is payable
April Q to stockholders of record
March 10.
J.& W. Seligman & Co. are forming
a syndicate to underwrite the pur-
chase of sl5,oOO,O0o of new Glass b
common stock which is TO be offered
to the junior shareholders at par.
The new common stock was actively
traded in on "when issued basis on
the curb yesterday at prices ranging
between $40 and Si3l share. the
latter being the closing quotation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

The above rates express the cost OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling for ;475'i; the intrinsic par
i,y is s4.s6% per pound. Thus, you
say either that pounds are at a dis
count or that dollars are at pre-.
MUM, which is owing to the fact that
in England the demand for dollars
with which 70 settle accounts in this
country is greater than the demand in
this country for pounds with which &c
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Other Cities

Boston Compensation, Jan. 20
Prices of copper shares held firm on the
local exchange to-day following
slight recession in the early trading.
There was little activity. The close
was generally easier. Copper Range,
65k; Old Dominion, 81.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

THE ANNUAL MEETING oFTHE shA ro,.
holders OF the Federal Accounting -.
poration viii be held al its once. - ci,v
Change place. Borough Of Manhattan, ~
u New York. on wednesday. February =
1917. a. 1900 o'clock A. NJ. for the -
lion OF Directors for the ensuing year
the transaction Of such other business
NAV properly come before the meeting
WILLIAM $ HOOD. Secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Yesterday
IL IL
Commercial Paper.-Quiet conditic

Commercial Paper.-Quiet conditions
prevail in the market for commercial
paper. Prime regular maturities are
for the most part moving at 3iz per
cent.
Official rates of discount at each OF
the twelve Federal districts are as fol
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
FINANCIAL MEETINGS
J. -. WALLACE co. INC.

New ok IIITl -
New York. January H. 1917
NOTICE rs HEREBY GIVEN lNW
meeting Of the stockholders 81 J. IS
lace CO.. Inc. viii De held it the n, ne
tbs company. so. 50 Barclay street. POI va w
borough Of Manhattan. city, COUNT an
state ~ New York. al Two O'CLOCK = ',str
"wednesday. the 3fst day 81 January. -. 20
for mo ensuing year and two inspec ilIs =.
election 90 serve az the next annual -,
ing. and for he transaction OF So "a
business e5 may properly come oe'oi'
C. ZITILLA WALLACE, Secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

Thrift is high virtue, but all thrift
is not saving and much saving is not
thrift at all. The world could not
have got as rich as it is by thrift
alone. But for the saving of time,
labor and energy that has been
achieved through efficiency of pro-
duction people not only would have
no surplus with which to be thrifty,
but the world would be unable to
support the number of people now
living upon it. The Canadian Bank
of Commerce sees the other side of
the picture, in these lines: Scarcity
of labor and its high cost are fore
ing producers TO adopt better and
more economical methods of produc-
ton" That is saving, indeed, and
kind which will be increasingly fash
ionable in the world for some years
to come. Labor will be too costly to
waste.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

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, 1917-01-24

Silver.-Bars in London, 3714 pence;
New York, 1914 cents; Mexican dollars,
SO cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

EAftN,yPs STATE RANK INC. GREY EAGLE
NfINN pays ~ Tor SIX months and ~ ig -
year on Ceitincste Of Deposits Five Do4.As -
Responsibility Half Million Dollars
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
DIVIDEND NOTICES
BoRDFN's CONDENSED MILK COW
PA>N

A semi-annual dividend Of PEI go
Of this Company. payable February le,.,
1917. 20 stockholders OF record Feofu~,
LIST. 1917 Rocks close February is1 a.
90 r. NJ. and open February lo'h'
1900 \. NJ checks mailed.
+. d. SHOVE Ts>~ssss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Bond Issue Likely

That an issue of bonds may come
later was intimated in the following
statement given out after the meeting
of the directors:
"While the earnings and the pro-
ceeds of the S15,OOO,OOO of new com
mon stock about to be offered to the
stockholders arc deemed sufficient for
all present capital requirements the
board desiring to make adequate pro-
vision for the future without calling
too heavily upon the stockholders, has
determined that it would be advisable
10 proyide in due course for the crea-
ton of a new first and refundlng
mortgage which shall authorize, UNI
der suitable restriction the issue oil
bonds as may be necessary from time
TO time for refunding operations and
for extensions and additions and other
CAPITAL purposes in so far as provision
therefor shall not be made from earn
ings or by the sale Of stock. Author
;tv for the creation of this mortgage
may be asked of the stockholders at
the annual meeting in April
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Bank Clearings.-The days clearings
at New York and other cities:

Sub Treasury. - New York banks
lost to Sub Treasury s1,395,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
International Agricultural Company.

International Agricultural company.
AT the annual meeting of the COM
pany yesterday Vice-Presdent Watson,
speaking in the absence of the presi-
dent, said: 1--WE haven't anything to
say on the question of preferred divi-
dends. do not believe the directors
are inclined TO rush at this question.
As an individual director | do not look
favorably upon the proposition Of de-
clarng a dividend at the present time.
| think it is better to build up large
surplus, otherwise strengthen our
financial position and to go cautiously
on dividends. The finances are now in
much better shape than they have been,
as we have reduced our liabilities by
81, 1000, 900 or $4,000 in addition to
lessening our bonded Indebtedness. |
question whether it would be wisdom
to pay out dividends unless VIC made
very large earnings. Back dividends
are % per cent and the yearly dividend
would require $1,000, OOO.' Mr. Watson
said that the contract with the Ten
nessee Copper Company for supply
of acid has not been cancelled and will
remain in force until December 81,
1920. The Tennessee Company under
the contract delivers its entire produc-
ton of acid up TO 225,OOO tons.
Southern cific.-Announcemen that
the Southern Pacific Company has
adopted the plan of building all of its
wooden and freight cars, such as box
and fiat cars, at its own shops and will
make them from lumber produced along
its lines, was made in San Francisco
yesterday by President Sproule. "The
PLAN" he said, "is in furtherance of
our policy 10 favor home industry and
will provide good market for Western
timber. The construction will be done
principally at our Sacramento shops.
We propose to build as soon as possible
1000 box, $50 stock and 500 fiat cars.
These, added to the 300 new refrig-
orator cars just ordered by the Pacific
Fruit Express Company, of which about
1000 will be built in California, will
give US $3.50 new freight cars for the
coming season, enough to ward Off the
hardships through shortages Of railroad
equipment experienced this season, pro-
vided we can get our cars returned to
US after they are unloaded at des-
tination. The Southern Pacific is half
owner of the Pacific Fruit Express"
The earnings of the Southern Pacific
Company have increased along with
other business, and this, Nr. Sproule
said. had given the company an oppor-
tunity to spend much money for better
ments needed upon the property.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

Money on call at the New York Stock
Exchange ruled yesterday at ia per
cent, compared with 2 the day before.
The high vase per cent.
Pronounced ease characterized the
market for time funds on brokers
Stock Exchange collateral. There was
no important change in rates yesterday.
Ruling rates on money yesterday,
compared with year ago, were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24
Report of Controller

The report of the controller Of the
company presented at yesterdays
meeting showed earnings for 1916 to
be S6l,717329. After deducting inter-
est charges of s9,772,575 and charging
off s14,35O,7s5 to depreciation and de-
pletion, the aggregate net addition to
surplus was 43,593,96S, making the
total surplus as of December 81, 1916,
equal to S69,37O,19s.
The orders on hand at the begin
ming of the present year aggregated
approximately S198, 100000, exceeding
those of a year ago by about SlS,OO0.-
600.
A special meeting of stockholders to
effect the proposed increase in the
common stock has been called for Feb
ruary II. Upon the increase becoming
effective the common stock dividend OF
200 per cent will be paid and the re-
naming s15,OOO.OOO of new stock will
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

of governors, which met here to-day.
and the details are being perfected as
rapidly as possible. The present inten-
ton is to put the plan into operation
by the time that section of the Federal
Reserve law becomes operative under
which deposits held by various banks
in other banks will no longer be
clsssed as reserves.
This time limit expires next Novem-
Der, after which only deposits with
Federal Reserve banks may be classed
as reserves. Many member banks main
tain balances with New York banks for
the purpose OF furnishing their GUS
toners with drafts on New York, which
ere extensively used in renting to
distant sections. lnasmuch as these
balances would no longer be classed as
reserves. the board is seeking to pro-
vide method by which, if they are
withdrawn and placed in Federal Re-
serve banks, they still will be available
as the basis for exchange.
Under the proposed system IL would
be possible TO send remittances direct
to the points to be reached without the
medium of New York drafts through
drafts on the Federal Reserve banks
for the districts in which the receiving
points are located.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-24

Perkins Leaves Erie Board. George
y. Perkins has resigned as a director
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1917-01-20
CARD OF THANKS.

To the Officers and Members of
Keystone Lodge, F. and A. NJ, Sea
Shore, Knights of Pythias, and Vic
toria Tribe of Red Men, and all other
friends who so kindly helped and SYM
pathized with us in our bereavement
in the death of our dear one, Alfred
S. Scull, we wish to express our sim
cere thanks.
THE FAMILY.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1917-01-20

Interment will take place in the family
vault in the M. E. Cemetery. Ser
vices at the place of interment will be
under the direction of keystone Lodge
of Masons.
1t is a marked coincidence that at
the grave of the late Peter B. Reed,
who was an official of the Absecon M.
E. Church and a member of keystone
Lodge, Captain Smith delivered the
Masonic grafton in ar appropriate, APP
pealing, sympathetic, f~orceful, able
and in fact ministerial manner only
last month, Dec. S, 1916.
Obadiah Reed, aged n, an exhorter,
class leader, very devout Christian
man and a faithful official member of
the Absecon M. E. Church, died from
an attack of heart trouble at midnight
on Monday, following an illness of
n week, although he had been in a
weakened condition for several
months. Mr.. Reed was stricken the
Monday preceding his death and was
discovered by Mrs. Josiah Smith who,
passing by his residence in the after.
noon, found him in a critical condi-
ton near the rear of his home. After
ward he seemed to revive and become
quite natural, but on Monday last he
suffered a relapse and lost out in his
game fight for life. Mr.. Reed was an
enthusiastic religious and temperance
advocate and was always deeply inter
ested in the cause of good government,
moral and civic reforms. He was the
leader of the Sunday morning class
meeting and frequently conducted the
Wednesday evening prayer service in
the Methodist Episcopal Church.
He is survived by his daughter.
Miss Carrie c. Reed, teacher in the
Absecon school, with whom he resided.
one son, Rev. William I. Reed, pastor
of st. Paul's M. E. Church, Totem
vile, Staten Island, and by two grand
children. Ruth and Jacob, children of
the late Jacob Reed, M. d.
The funeral service was held in the
M. E. Church Thursday afternoon at
2 o'clock, Rev. c.. M. Johnston deliv-
ering the sermon. Interment took
place in the M. E. Cemetery.
With the death of Mr.. Reed. Abse-
con has lost three of it's most substan-
tlal and respected citizens and the
Absecon M. E. Church three of it's
most faithful official men within the
last six weeks.
AbsecOn M. E. Church.
Sunday services as follows:
1910 a. M, Sermon by Rev. C. M.
Johnston; "Home-Yearnings." 2.3O
p. M, Mems Bible Class. 73O n m
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1917-01-20
Absecon M. E. Church.

Sunday services as follows:
1880 a. M, Sermon by Rev. C. NJ.
Johnston; "Home-Yearnings." 2.3O
p. M, Mems Bible Glass. 7.3O D. M,
Sermon on: "Peter's Prison-Keys."
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-01-27
HINTS ON HARVESTING CROPS FOR SILO
Quality of Sge Depends Upon Being Cut at Right Stage
Cut Corn When Well Denied and Glazed and Lower
Leaves BrOwn-Cut Pea Vines and Soy Beans When In vi
Bloom Heads Ripe-Penty of Help Essentiaie
Sllage Must Be Wen Packed for Best Results

the slothat is the stage
In which be consideration II a
age is o be
about the time it is
ready for should be wei dnted and glazed and
S VIII De sour ana The feeding value decreased He o" ING o
hand if the corn will pack well in the so large amount
OF water will be quality and there is danger
OF dry rot which feeding
seed the dough
stage Like corn if is left in the field until becomes too dry the sage
will contain amount OF nesbe material and viii not make
GOOD quality of silage
at the time making batat in full bloom and few
OF the heads are ripe
Q Harvesting slaqe Crops
The corn harvester becoming popular for harvesting for fill
ing the ho and the work hand
method of cutting practcd;
used is not large enough justify hand
be
In determining the machn2
alton The
the entire force of
other hand the large engine that is to
0 ~ = =
effeedng devices afford the greatest capacity
and save large amount of labor which
smaller machines. -
Filling
Inc hage cutter should be placed
must take bend carry the silo I1he
cutter placed farther than few feet
IN the
" s extra power from the engine and decreased
the state the average
cost filling the si has been 60
the distance the of the method
of harvesting
be is practca
When the filling
to keep with all the work f'
of the
used for filling the sHo in sufficient
While more men hein .
In all the time That portion and on tho ed
should be packed as readily &c 1ht
the so Failure A.
of its becoming nodded. II @. Nn1 o"aso
Extension Division, usianas aeU nivors+v
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-01-27
HOW TO MAKE PORK
SAUSAGE.
(Adver tisement.l

Pork sausage should be made
only from clean, fresh pork. To
each three pounds of lean pork
add one pound of fat. AS the
pork usually used for sausage is
the shoulder, neck and lean trim
mings. the sausage is likely to be
too fat unless part fthe fat is
removed and used for lard. Mix
the fat and lean meat together in
chopping. Where a rotary cut
ter is used it is best to cut the
meat twice. After it is cut the
first time spread it out thinly and
season. One ounce of pure, fine
salt one-half ounce Of ground
black pepper and one-half ounce
of pure leaf sage, rubbed fine. to
each four pounds of meat. will
suit the taste of most persons.
The seasoning should be sprink-
led thinly over the cut meat and
the meat again run through the
cutter to mix the seasoning thor
oughly. This method will give
a more even mixing Of the spices
than can be obtained by working
it with the hands. For immed-
late use the sausage may be pack
ed away in stone jars or crooks, to
be sliced for irving. Many peo-
pie stuff it into castings made
from the small intestines Of the
hog. When this is done the in
testines must be turned inside out
md carefully cleaned,-Farmer'S |
Bulletin No. 1873.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-01-27
AS A SPORT

Within recent wears what ba,
rightly been called the most dem.
ocratic f sports has been canine
in popularity So RAPIDLY that i
bids fair, before Ion. 70 ,Irncr-
sede golf. tennis. football auJ
/ even baseball in resp.c+. to the
number Of. acr>on> nartirinatrno
! in it. er IN u slime for which I'M,
| ext, Gf,rtins J BAR claim is mad, is
] traps ana T. is estimated thar
there are Tlu than SEQ GOO tran
shooters irna'c United STATES To-
dav. Last wear there were an
proXimatcIv 1000 transho9rinr
chris In 1913 tho nu'oh.,. or