davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

inward of si5O,OOO.OOO in loans in

out upward Of sl5O,oOO,OOo in loans IN
this market. ,...oa
BANKERS here were much interested
Yesterday in cable advices from LONDON
10 the effect that the Bank OF England
has broken all precedents BY the pay
ment of interest on foreign BANKING
balances held in that market. Accord-
ing to the information received INC INC
bank is now paying 412 per cent on All
foreign deposits.
Bankers said that this was appar-
ently.an effort on the part of the Eng
lish financial authorities to attract
funds TO that centre. particularly from
New York. In the past local insttitu-
lions have carried at times as much as
1900 900, 900 in balances in London
The total is now far below that, Inquire
owing TO the abnormal demands mere
at home.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
To Pay Montreal
Loan Off To-day

Arrangements have been made, II
was learned yesterday. for paying on
an issue Of s6,9OO,0O0 ) per cent notes
Of the.City of Montreal coming due to-
day. The loan was made in December,
1914. the notes being sold here on a
40 per cent yield basis.
Under normal conditions the issue
would have been refunded By the fota-
ton Of a new loan in this market. The
present situation in the investment
market made this impossible. and bank.
ing funds have been obtained for re-
firing the issue.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Government Postpones
Contracts for Silver

WASHINGTON, Nov. 3o.-Closing o.
contracts BY which the government 81
poets to acquire n large part Of the s"'
yer produced in the country wih"
the next year. for monetary use OF :"
sels and the Allies, has been POI"
poned until Western silver produss.,ss
can confer with Treasury ohies 81
Some OF the producers eomplsln vs. 20
as they have granted wage iners II
based on expectations Of silver .
an ounce government contracts -
price lower than that would wore W
great injury.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Money and Credit

Heavy Withdrawals of government
ao,oei,s combined with preparations
root large December ! payments
tended to force money rates up sharP'!
Yesterday. Call money rose to Ps.
cent at the Stock Exchange, ard wouin
probably have gone higher had it not
been for the action Of the money com
mittee in making liberal loans. Inc
rulinc rate Of per cent compared
with 8 per cent on Wednesday.
Only a small amount of activity was
noted in the market for fixed date
loans, which held firm at 81 to per
cent.
Ruling rates for money YESTERDAY
compared with year ago, were Is foi-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
News Digest
Foreign

Shining Shares in London. LoN-
DON. Nov. 80. The stock market was
a shade frmer in places to-day. Inc
chief strength was in shipping ana OF
shares and Brazilian ISSUES huss'al'
mines verc better. but Russian bonds,
Argentine rails and rubber and arma-
ment stocks dropped.
Conflicting Russian news causeu
sbarn fluctuations in Russian eN-
change, which opened at $3.50, declining
IN 350 and later advanced to 800.
Paris Bourse. PARIS, Nov. 10
Trading on the Bourse to-day was
quiet. Three per cent rentes were
quoted at SO francs IS centimes, an aoa
exchange on London at q francs IS
confines. The per cent loan was
Quoted at 81 francs 80 centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
The Dollar in Foreign Exchange

Italian and Russian exchange rate'
weakened yesterday in a dull market
Lire went TO s.2S 70 the dollar. com
pared with SI2 on Wednesday, and
Russian rubes we're z lower. az Il
cents. The rest Of the market showed
no important change.
Closing RATES yesterday. compared
with a week ago. are given in the table
below. American bankers have sus-
pended all dealings in German and Aus
trian exchange. so that daily quotations
for either marks or kronen are no
longer available.
Quoted dollars TO the pound.l
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
American Dollar Worth
SLAP in Chinese Coin

Annoy. China. Nov. 3O.-The Amer
lean dollar here is quoted as worth
$1.42. silver, in Chinese coin. This is
an increase Of cents since October 81
and Of cents since October ,. The
normal rate is about s2.25, silver
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

The above rates cypress Tie COST OF
foreign money in terms OF the Ameri-
can dollar. You buy an English pound
sterling at. say. S475n. The intrinsic
parity is S+.S6%s per pound. thus. you
say either that pounds are at discount
or that dollars are at a 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, 1917-12-01

Commercial Paper.-This market was
frmer yesterday. Rates were quoted
at 81 to ga per cent, with only
small amount Of business being done.
Official rates Of discount for each OF
the twelve Federal districts arc as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
DIVIDEND NOTICE,
GLNIKlI CuFMICAL COMPANY.

GtNIkAI tItNItAI tOMFiNI,-
% Broad street NeW York. NOV -. ~.
end one half per vent OlscsD viii BE- pas
January ?. 1918. 20 preferred stockhola..-'
% record az 90 I. ". December -. ttis
LANCASTER MORGAN. Treasurer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

Below is given the current exchange
value OF foreign money in dollars and
cents. together with the intrinsic gold
rarity. as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
To Rebuild Bergen, Norway

On January Is, 1916, the principal
business district of Bergen was burned,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

which a fortnight ago stood at little
over SO Dutch cents, now are nearly
b
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Pool Announced Withdrawal

Renewed activity Of the money COM
mittee at this time excited comment,
inasmuch a. two weeks ago the bankers
let il be known that they had tenn
porarily withdrawn from the money
market. II was stated then that with
the first large payment on account Of
Liberty Loan subscriptions out OF the
way, the need of supporting the money
market had passed and that barring an
emergency the committee would cease
active control OF the local money sltua-
ton. At that time, however, it was as
serted that the bankers would not per-
nit. If they could help it, the rate Tor
call money to go above per cent.
At the end Of last week the United
States government had approximately
$3.50. 100000 on deposit with New YORK
banking institutions. In the last day
or two there have been heavy with
drawals from these deposits, which are
expected TO continue for some time TO
come. II is understood that schedule
of daily Withdrawals has been prepared
covering the period up 10 December 10,
when the next large instalment,
amounting to 10 per cent. is due on the
Liberty Loan subscription account. IL
is expected as result that money rates
will remain firm at this centre for some
time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

Sub-Treasury.-N York banks lost
to the Sub Treasury $25,1S7G 600.
Silver Bars in London, 32Ad. un-
changed: New York, S4Ac, unchanged;
MeXican dollars, G4lAc. unchanged.
Bank of France.--PARIS, Nov. 80.
The weekly statement of the Bank Of
France follows, with the changes from
the preceding week, in francs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
FINANCIAL MEETINGS
ABEKcRoMDIE s Ircn COMPANY


The annual meeting ~ tac s,ockhold,r
~ the AhereroWblr * Fitch Company VII
be- held a. the principal Office ~ me cor
porati0n. Northwest corner ~ Madison Af.'
nue. and f5th street, Borough n Nsnhs,-
day Of December. 1919, az twelve oclock
noon. Tor the following purposes
/. To elect b0arh or siA directors 70
serve Tor the ensuing year. and until tfef
successors be- elected and qualify.
2 TO elect Two inspectors % clcctloo 70
serve Tor the ensuing year
,. To coIsld,r and voie upon ne tp'
provsl a'd ratification ~ an scts, ccn'
tracts. proceedings, elections and appon'
ments. which have beer made 0r faken ~
the Board 81 Directors. the Executive Gem
mlttee and tho officers ~ the corporaiiea
since an" last annual stockhOiders' meeting.
and Of the minutes o. the meetings 81 ne
Board 81 Directors and ~ thr bKecuufs
Committee held during fhe current year
T. To transact such other business as mn
properly come before tie meeting.
EZRA IL. FITCH
WILLIAM +. kEYEs.
Secretary
Dated. December :. 1917
NOTICE IS HEREBY GlyEN THAT TIE
annual meeting - the s'oekhollers u tns
the Oniee u tAc company. 80 1881 brosS
way a.. W. corner o. lQlth street,. horoyf
81 Manhattan. Sew YORK Cliy. on The JIG
day u December. 1917. a. O'Clock 2. ~
Tot the purpose - eiectins three directors ~
the ensuing year. ana tH0 Inspectors on &c.
ton 10 serve go the nest annual meeting. a..
for the transaction ~ such other business ~
may properly cdue before the meeting
Dated N y. Now fnI lNfN. 1917.
NATHAN DRElFus. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Treasury Certificates Snapped Up


local banking circles by the announce
ment that the Treasury Department
had allotted subscriptions for ule issue
of Treasury certificates OF Indebtedness
dated Nov ember 30. 1917, maturing
June 25. 1918. and receivable in pay
ment Of income taxes and excess profits
taxes amounting to only about $780,
100000.
The issue was closed. according to
statement issued by Secretary NC
Adoo, not only because the Treasury $
cash requirements for substantial
period had been amply provided TOR,
but also because the general situ1uoh
would not have been benefited by ac-
cepting subscriptions for larger
amount at the present time; by clos
ing the issue now and making other
offers from time TO time the tax money
will be drawn into the Treasury IN
reasonable instruments and as re-
duired. II is expected that additional
Treasury certificates Of Indebtedness
with the June maturity will be issued
from time to time 1T rates OF interest
and TO an aggregate principal amount
to be determined.
II is the hope Of the Secretary OF
The Treasury that the Federal Reserve
banks and banks and trust companies
throughout the country will keep in
terest alive in issues of this character
"Their advantages" Secretary Nc
Adoo's statement added. "are obvious
to taxpayers and investors. and they
are a great aid to the financial opera
tions of the government. In this way
the work which has been done incon.
nection with the present issue Will
not be lost, even though the de nand
for the certificates at this time has
been greater than could Immediately be
cratified."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Bankers Act to
Check Rise in
Money Market
Six Per Cent Call Rate
Brings Out pooled"
Funds

Increased tension in the local money
situation yesterday, the result Of heavy
Withdrawals of United States govern
ment deposits and to meet large De-
cCmbcr payments, made it necessary Tor
the money committee. composed OF of1-
cials Of leading banking institutions
10 step into the market to prevent what
brokers said threatened TO become a
severe squeeze. As it was the rate
for call money at the Stock Exchange
jumped from to 6 per cent before the
offerings Of funds placed in the market
by the money committee out OF IT'S
5000. 1000 pool became effective IN
keeping the rate from going above that
level The committee loaned about
$50 100000 out Of total of SSO,OOO,oOo'
or the total 100000 was loaned Mt
nor cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01
Banks Call Loans

The furry in the call loan rae
started when the banks began to call
outstanding brokers loans. This caused
a scramble among Stock Exchange
houses to obtain new loan accommoda
tons and in the process rates were bid
up sharply, continuing to mount until
the money committee stepped IN with
liberal offerings of funds.
Call money at 6 per cent compare
with rate of per cent maintained
during the second Liberty Loan cam
paign in October, when the money com
mittee was an active participant in the
market. Since the money pool was or
ranized TO stabilize rates it has put
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

Gold:
5,333,55o624 Inc. $4,000
Silver:
153,o6o0o0 Dec. 10000
Circulation:
22.4o4.612,s65 Inc. 27e,42e,oco
General deposits:
2,e66.631,136 Dec. 2i,471,ooo
Bills discounted:
2.153.7oo,94S Inc. i22 $4,000
Treasury deposits:
2S,261,i36 Dec. 2d.465,0oo
Advances:
t,i41.322,943 Dec. t.8e4.U0U
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

BANK Clearings.-Total bank clear
.ngs announced this week by y. G.. Dun
amounted to S4,932 ,3O9, 900, a decrease
Of los per cent compared with the cor
cipal falling of in clearings was in
New York. the rest Of the country
showing a substantial increase over .
year ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

London Money Market LONDON,
Nov 80 Money was scarce owing 90
preparations for to-mOTTow's war loan
dividend payments. amounting 70 $780,
100000. The ruling rate was 3$i per
cent.
Discount rates Short bills, rs per
cent: three-month bills. "a per cent.
Gold premiums az Lisbon, 100.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-01

On the Amsterdam Bourse.-AN-
SHERIDAN. Nov. 80 The feeling OF
the bourse here that the Russo-Ger.
man negotiations portend shortening
OF the war has caused rush OF buy
ing orders. although there are warning
voices that peace with Russia does
not necessarily mean peace IN Europe.
Rumanian oil stocks rose sharply yes
terday and closed at their highest
mark for some time. German marks.
Evening star., 1917-04-11
Dinner at Swiss Legation This Even
ing for Secretary and
Mrs. Lansing.
Many Dinner Parties to Precede Red,
White and Blue Ball at
Rauscher's Tonight.

The minister of Switzerland and Nine.
Ritter will entertain at dinner this
evening in honor of the Secretary of
State and Mrs. Lansing.
The red, white and blue ball for the
| benefit of the Working Boys Home, to
be given tonight at Rauschers, has
been made the occasion of many dinner
parties, whose members will attend the
ball. many of them occupying boxes
with their hosts. Mrs. Armstead Davis
and Mr.. and Mrs. II. Campbell Graef will
be joint hosts at one of the largest din
ners of the evening. Others who will
entertain are Mr.. and Mrs. Randall
Hagner. Mr.. and Mrs. Henry Cleveland
Perkins and Mrs. Charles NJ. Ffoulke.
Mrs. Armstead Davis. Mrs. Randall
Hagner, Mrs. Walter Tuckerman and
Mrs. John Jacob Rogers will receive for
the committee.
Mrs. Davis will have in her box Mrs.
Corbin. Miss Patten. Mrs. McKenna
Pultz, Mr.. Henry H Armstead and DR..
Ditmore of New York.
Mr.. and Mrs. Randall Hagner's party
will include Mrs. Preston Gibson, Mr..
and Mrs. Reginald Huidekoper, Mrs.
John Gibbons, Mr.. Richard Crane and
The Japanese ambassador will enter
tain at a large dinner this evening" al
the embassy in X street, when his
guests will jnclude tho Rritisb .mN
ba assador and LADY S,rino-Pica .,,d tia
Russian amhassador and Wma Ralh
meteff
ed assistant governor general of Ein-
land. He is the son-in-law of Rear
Admiral William Van Revnen
-
Mrs. Robert Fl. Camnbel Ee1ton on
tertained at luncheon TODAY at berbop,e
in Kalorama road in compliment to
Mrs William. Cumming Storv Tho
guests were Mrs. Francis G. New1ands
Mrs John w. Weeks. Mrs. George Rar,
nett, Mrs Harvey w WILEY. Miss Flor
ence G. Finch of New YORK and Mrs
George e wills ''N -i- o
Mrs. Kelton was hostess at = luncheon
yesterday at the Army and Sayy CIub
Evening star., 1917-04-11
-R02RR
Invisible Bifocals

The man who uses two pairs OF
glasses is always bothered with
changing to the "other pair"
The one who wears old-style BIZ
focals with their dirt-collecting
seams dishgures himself and keeps
a constant source of irritation be-
fore his eyes.
If you require different lenses for
near and distant vision, bring your
oculist's prescription and have Us
grind pair of Ultex or Kryptok
invisible bifocals. the modern. eff
cient and attractive doublevision
lenses.
GLHuske Optical Company
- .EOoO..@
Evening star., 1917-04-11

Mrs. P. A. Welker is giving a bridge
party this afternoon to meet her house
guests, Mrs. Oliver Reeder of Balti-
more and Miss Giltinan of Montana.
Mrs. Gustave r. Lukesh and Mrs.
Reeder will preside at the tea table
later in the afternoon.
Evening star., 1917-04-11

Mr.. and Mrs. Frederick A. Delano
will entertain at dinner this evening.
Evening star., 1917-04-11

Mr.. and Mrs. Ernest G.. Walker will
be among the dinner hosts this evening
at the Chevy Chase Club.
Evening star., 1917-04-11

Mr.. and Mrs Jay B Lippincott arrived
from their home at Philadelphia yester-
day for visit at Washington, and are
stopping at the Shoreham.
Evening star., 1917-04-11

Mrs. Hillyer of Hillyer place is enter
tanning at series of card parties this
week. the first of which will take place
this afternoon
Tea will follow, when Mrs. Thomas H.
Carter and Mrs. Willard Warner will
preside at the tea table.
Evening star., 1917-04-11

The regular meeting of the Missouri
Society will be held at Rauscher's 1894
Connecticut avenue. Saturday evening
April IA. 1917, at s o'clock Mr.. Milton
A. Romjue. member of Congress from the
first district of Missouri. will deliver an
address, and musical program will be
given.
Evening star., 1917-04-11

Mrs. Charles NJ. Ffoulke will enter
tain at dinner this evening in honor of
her house guest, Mrs. Franklin Bart
lett of New York, later going on with
her guests to the Red. White and Blue
ball, where they will occupy a box.
Evening star., 1917-04-11

Mrs William r. Merriam will give
reception Friday afternoon from to
at her residence, 1928 street to meet
Mrs. George Squire, candidate for pres
ident general of the d. A. r.
Mrs. Merriam wishes to extend a
cordial invitation to all visiting Daugh-
ters, regents of the D. A. r. chapters
and their delegations to be present
Evening star., 1917-04-11

The Hon. F'rits Holm is at the Shore
ham for a weeks stay. He arrived
from New York last night
Evening star., 1917-04-11

Mr.. George Rublee of Cornish. N. H..
member of the federal trade commits
sion, is at Hotel Lafayette.
Evening star., 1917-04-11

Capt and Mrs. Roger D. Black were
hosts at dinner last evening at their
home in 10Th street, in compliment to
Col and Mrs. Clement A. F. F'lagler
who are leaving Washington shortly
for Col Flasler'S new post Of military
attache of the United states embassy in
Italy. The other guests were Maj. and
Mrs James A. Woodruff, Maj and Mrs
Gustave Lukesh, Capt. and Mrs Alvin
Il. Barber, Mrs. William Mitchell and
Capt. Paul II. Clark.
Bishop John William Hamilton and
Miss Helene Hamilton have as their
house guests Mrs Clarence NJ. Fenton
and her daughter. Miss Frances Fenton,
of Columbus, Ohio.
Mrs. James Schorlmaker of St Paul,
Miss Glaspell of New York and Mrs.
William NJ. Liggett of ST. Paul. former
state regent. D. A r., are guests of
Representative and Mrs. Davis of Min
nesota at the Rochambeau until after
the D. A. r. Congress.
Mr.. George Rublee of Cornish. N. H.
member of the federal trade commits
sion, is at Hotel Lafayette.
Mrs. Walter Penfeld was hostess at
luncheon in the rose room of the
Shoreham yesterday.
The Congressional Club will entertain
wives of new congressman as the
guests of honor Friday afternoon. April
13, at 4 o'clock, at 2JUl New Hampshire
avenue. Tea at 5 o'clock will follow
the program.
Mr.. and Mrs. Anthony F. Rice announce
the marriage of their daughter Hide
Garoo 70 Ma j Allan Hobson, jE~ Tues.
Evening star., 1917-04-11

All girls planning to go to Wellesley
within the next two years are invited to
attend an entertainment to be given at
Miss Timlow's, 1900 Scott circle, We'd
nesday, April IS, at $50.
Rev Frederick w Smith of Trinity
parish Takoma Park. is at the Dennis
Hotel, Atlantic City. where he was joined
by his brother and sister, Rev. DR.. Her
bert Scott Smith and Miss Smith
Evening star., 1917-04-11

Mrs. Walter Penfield was hostess at
| a luncheon in the rose room of the
Shoreham yesterday.
Evening star., 1917-04-11

The Japanese ambassador will enter
tain at a large dinner this evening at
the embassy in X street, when his
guests will include the British am
bassador and Lady Spring-Rice and the
Russian ambassador and Nine Bakh-
meteff.
Evening star., 1917-04-11

Baron Serge Korff has been appoint
ed assistant governor general of Fin
land. He is the son-in-law of Rear
Admiral William Van Reypen.
Evening star., 1917-04-11

Miss Mary Temple returned to Wash
ington yesterday from her home in
Tennessee and is at the Willard to re-
main until after the D. A. r. congress
Pine Bluff daily graphic., 1917-05-22

the demand far outreached the sup- ply in the United States during the past ten years, but this is true also G: all of the great food producing countries of the world. All humanity has been going through a shortage of corn, wheat and meats of all kinds, which is becoming daily more acute.
 The Argentine Republic has been she victim of a series of droughts. In 1909 there was an appalling drought in Argentina, since which time the rate of slaughter has been far greater than its productivity and the government is considering bar ring the export of sheep and cattle.
 Australia and New Zealand have also suffered excessive droughts. In the United States live stock of all kinds is deficient, and tie worst fea- ture is that the whole country is short of breeding stock. In thc last ten years the decline in raising stock ;n Illinois has been 40 per cent, and ;i, Iowa 30 per cent, and these are the chief cattle states of the great American corn belt. Texas has had succession of droughts, and there has been 2 shortage of grass in the
 a .
Pine Bluff daily graphic., 1917-05-22
CARING FOR SOLDIERS
 DEPENDENTS.

The governments selective draft system, and its policy of enlisting for active service only soldiers without dependents, will to large extent avoid one of the most difficult prob. lens which our Canadian neighbors had to face-that of caring for sol diers' dependents.
 Yet the problem cannot be entirely eliminated. Hundreds of men now in the regular army have dependents. Others who enlist while they have no one dependent on them will ill the course of the war probably be obliged to assume such responsibilities. The problem will doubtless grow in diffi- culty if the war is protracted.
 In Canada, soldiers pay was great ly increased, provision made for sep arate allowance to dependents: and Tn addition, voluntary organization, the Canadian Patriotic Fund, provides by popular subscription for the care of dependents. Some cities insured the lives of recruits. Government pensions are also prov ded.
 Our government will assuredly not be penurious; but red tape may cause some hardship, and this it should be the work of volunteer relief organ | izations to alleviate.