davidaulloa/AmericanStories huggingface dataset:
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
NOTICE FOR BIDS

For the purpose of closing an
estate, the undersigned as exc
cutor will receive bids for the
sale of SEA- and SR Of NEA,
Sec. 80, 100, 81, 240 acres, in
Bottineau County, N. D. Terms
cash.-Northwestern Trust Co.,
Grand Forks, N. D. 11-29-12-6
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29

THE LUTHERAN CHURCHES
Bottineau-Sunday School at
10 100. Mark the change of time.
There will be an open meeting
of the Ladies Aid next Wednes-
day, Dec. 5, in church.
Managers - The confirmants
meet on Tuesday, Dec. A, at the
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
r P T CHURCH
G. r. Crockett, Ministe

U. Is. CTOCKeCC, MII1lSCeT.
Services Sunday morning at
IL 100 a. m, subject Witness
|es." Bible School at 1910. B.
Y. P u. at $50 p. m. Evening
service at 1880 p. M, subject
Communion" Teachers Train
ing class Monday at 500 p. M,
&c. w. Feathers. Prayermeeting
Wednesday 7:30 p. M, followed
by choir practice.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
For Sale or. Rent.

Eight room house and five
lots, north Of court house in
Observation-Disclosures Garnet
Xxi, Gardena, N. D. tf-1O-25.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29

BUY RED CROSS SEALS
Price one cent. They are sold
to support the campaign against
tuberculosis in your city, state
and nation.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
ADDITIONAL

ADDITIONAL CARBURY
Theo. Gran of Glasgow, Mont,
arrived Monday for a few days
visit at the home of Mr.. and
Mrs. August Wall. Not having
much time he will probably re-
turn again today.
Rev. Edward Brekhus preach
ed a very interesting sermon at
Carbury Tuesday evening.
The Young People Society will
meet Friday of this week at Car
bury. A special reformation
program will be given. Rev. H.
N. Bake of Bottineau will
speak. Try and be there.
MI. and Mrs. N. B. Arveson,
Haydee Jacobs, leila Slower, Ben
Noun and Carl Erickson were
among those who went to Sour
is Monday evening to hear the
Meistersingers.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
VINE LUTHERAN CHURCH

Services, announced Tor last
Sunday have been postponed one
week. Annual business meeting
of the congregation in church on
Tuesday at II. Confirmation
class in church next Thursday at
II a. m. Ladies Aid meets at
Mrs. Larson's, Cordelia, next
Thursday.
Joseph Lunde, Pastor.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1917-11-29
NOTES

S~unday-MOTning service at
II a. M, evening service at 7:30
p. M, Sunday School at 1915 p
M. Junior G. 3. at 800 p. M,
x. p. S. G.. E. at $50 p. m. If.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Sale of Gould Roads
Opposed by Shippers
Payment of 100000 ir
Claims Asked in Court

ST. Louis, March 2.-Petitions OPP
posing confirmation of the sale OF the
Missouri Pacific Railway, which was
sold at auction to representatives OF
the reorganization committee rep
ruary 81, were filed In the United
States District Court here to-day.
One petition was filed against the
sale of the Missouri Pacific and one
against the sale of the st. Louis, Iron
Mountain & Southern. Five hundred
shippers are named as plaintiffs IN the
Missouri Pacific case and two hundred
in the Iron Mountain case.
The shippers say they have claims
for freight and passenger overcharges
amounting to 100000; that these
claims have been approved by the
courts, but that no funds for their pay
ment have been provided.
The petition will come before
United States Circuit Judge Hook
next Tuesday. when he will be asked
to confirm the sale of the railroad.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Italy Acts to
Check a Further
Decline in Lire
Part of Loan Being Sub
scribed in That Country
Offered Here in Dollars

Despite the efforts Of the Italian gov
eminent TO adjust a troublesome ex-
change situation By the sale of some
of its new war loan bonds in this mar
kot lire continued their decline yes
terday. falling to a new low record Of
M to the dollar, compared with III
the preceding day and a normal intrin-
sic Of 51sls.
Announcement was made yesterday
by Felice Bava, representing the cred
ito Italiano. that subscriptions TO the
now Italian ) per cent perpetual lire
loan. issued at 90, have so far reached
s44O .OOO. 900. Of which S294,OOO,OOo IS
new money. The subscription books
will close in Italy on March 10. and
special series of the loan is being Of
fered until April 10 Italian and other
investors in the United States, pay
ment TO be made in dollars at the cur
rent rate Of exchange This offer, It
is stated. has already met with favor
able reception. 1t is hoped that the
subscriptions here viii provide sufi-
Gent dollar credits to assist in the re-
habilitation Of Italian exchange.
Mr.. Bava, in discussing the Italian
exchange situation and the need Of ar
tifcial support, said;
at is true that France and England
were able to find large financial accom-
modations in New York which Italy
could not find, as there are hardly any
American securities in that country to
nut up a. collateral But the Italian
Treasury might have taken control OF
the exchange market with more effec-
tiveness. and with proper arrangements
with the Allies kept the gold premium
within reasonable limits, say 20 to 20
per cent. which it did not II is quite
probable, however, that things have
reached a climax, and we would not
be surprised at all if We were to wit
ness shortly sudden and substantial
reaction in the lire rate"
Since tho war began Italy has float
cd only one loan in this market. in
volving a note issue for S25,O00,O00.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Hong Kong Closes
Out Opium Stocks
Sales Formerly Amounted to
Millions of Dollars Annually

Hong Kong's annual trade returns
for 1916 are probably the last in which
opium will be considered as a factor
of any consequence. according 70 re-
port from Consul General George An
derson.
Only five years ago this trade in the
colony and. INTO China was one Of the
greatest features of the commercial
life of Hong Kong, not only in its
general volume, but also in its rela-
ton to banking and finance. as it in
volved from S12,OOO,OOO to s2O,0OO,0OO
annually and represented one Of the
most profitable lines of business in
the port.
The trade in this product into China
disappeared in the last year. It is
likely that there Will be some COM
paratively small business in it to other
countries. notably in South America,
but that is gradually disappearing.
At the beginning of the last year
the stock in Hong Kong was placed at
4l2 chests Of Patna opium, 2l9 chests
of Benares opium. 327i1 chests of NAL
YEA opium and III chests Of Persian and
Turkish opium, total of .075i2 chests
Receipts during the year were sc chests
Of Patna, of Benares and Cal OF
Persian and Turkish, total of 69l
chests. Exports during the year to
China and all countries were ~ chests
of Patna, 20 of Benares. 1903 Of Malwa
and 1874 of Persian and Turkish. a total
Of 9s5 chests. Stocks on hand At the
close Of the year included $50 chests
Of Patna. l53 of Benares, 2lsis Of
Malwa and u OF Persian and Turkish.
in all 7sl u chests. This stock doubt
less will De largely disposed Of during
the coming year to Macao. in local use
by the opium farm. and To the few
Countries yet permitting the trade.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Congestion Forces
Spanish Railroads
To Buy Equipment
One System Has Placed Or
ders Here for 1900 Cars
Car Builders Busy

One of the leading railroads of Spain
recently published statement, setting
forth that it had placed orders IN the
United States for 800 cars of twenty
tons each and fifteen locomotives. If
the latter prove satisfactory fifty more,
il is said, will probably be ordered.
Other Spanish railroads are required
by royal order recently published to
procure such locomotives and cars as
they may need TO handle the increased
traffic in that country expeditiously.
That the United States is not alone
in suffering from freight congestion is
shown by a consular report 70 the
effect that the lack of vessels for the
coastwise trade in Spain, and the high
cost of freight, have thrown upon the
railroads "A volume of merchandise for
which the rolling stock is at present
inadequate. The railroad companies
are experiencing difficulties in increas-
ing their material, many former
sources of importation being cut off,
and the Spanish car builders are un-
able to accept further orders for early
delivery.
During the normal years OF 1911,
1912 and 1913 Spain imported annually
an average of $4,000 tons of railroad
material. such as cars, locomotives,
wheels. tenders, etc, whereas in 1914
and 1915 together these imports only
amounted to 81 900 tons. an annual
average of $500 tons. At the same
time the railroad lines have been ex-
tended and industries have increased
their output.
While large orders for railroad ma
terial have been placed in the United
States at higher prices than hereto
fore prevailing, delivery can hardly be
expected in the immediate future. with
the consequence that the present sit
uation is causing much inconvenience.
The work of the official Spanish Pro-
visions Board has resulted in a num-
Der Of royal orders, regulating the
prices of certain commodities of prime
necessity. The maximum selling price
of wheat in the district where pro
duced is fixed at $3.50 100 pounds.
The provincial boards are 10 ascertain
the normal price of transportation in
each province and, adding this to the
price of wheat at the place of origin
as fixed by the central board. the sell
ing price in each locality is fixed. The
selling price of flour and bread is like
wise set. Regulations as to the sys-
tematc distribution of wheat and flour
are also made, so that every com
munity may receive an adequate supply
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Dividends

Cuba Cane Sugar Corporation. Regular
quarterly dividend Of IA per cent on the
preferred stock. payable April to stock OF
record March 10.
MeIican Petroleum. - Regular quarterly
dividend of 81 a share on the preferred
stock payable April TO stock Of record
March r..
Pittsburgh Plate Glass. Regular annual
dividend OF IL per cent on the preferred
stock. payable March 81 70 stock OF record
March 10. at the option Of stockholders. five
siXths in common stock at par and one-siNth
in cash. OF entirely in cash. Also quarterly
dividend Of = per cent on common stock.
payable March 3 20 stock OF record March
10. a common stock dividend Of 10 per cent
out Of earnings from 1899 to 1912. inclusive.
will he paid common stock April = 20
stock OF record March TO-
Yukon Gold Mining. Regular quarterly
dividend Of p per cent per share. payable
March 81 10 stock Of record March ..
Ahmeek Mining. Quarterly dividend of 81
payable April 10 to stock of record March 10.
rsn-American Petroleum Corporation
Regular quarterly dividend OF $40 on pre-
fcrrcd stock payable April | TO stock o.
record March II.
Sears Roebuek Company. Regular quar-
terly dividend Of -, per cent on the pre-
fcrred stock. payable April % 20 stock OF
recon- March 10.
Yukon Alaska Trust Regular quarterly
dividend 81 81 a share, payable March 81 10
stock Of record March ..
Pierce Arrow Motor Company Regular
quarterly dividend Of rer cent on the pre-.
ferrsd stock. payable April 20 stock OF
record March H..
Nova Scotia Steel 4 Coal Regular quar-
tcrly dividend Of per cent on the preferred
stock. payable April ~
Trited Light & c,DwAys. Regular quar-
terly dividends OF | - per cent on the pre-
fcrred ard per cent on the common stock
payable April . 10 stock of record March 10
Sullivan Machinery. Regular quarterly
dividend Of 1 y per cent and / per cent ex
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Relevant Facts

United States Steel.-The amount OF
United States Steel Corporation SINK
ing fund per cent bonds outstand-
ing will be reduced to sl79,999, 900 on
May | as p result of the retirement
by the sinking fund Of s1,s05,OOO bonds
this year. This will make total OF
500 OO1 900 retired by that date. In
Guiding this years there have been five
drawings. as the result Of which So
SOS, 900 bonds have been drawn into the
sinking fund. while s13,173,O0O were
nurchased previous to the drawings.
Southern Railway.-The company re-
norts January gross Of $6,764,150, an
increase OF S1,oS3,7 99. or 1908 per cent.
over the corresponding month Of last
wear. Net for the month amounted to
s2O24.l35, an increase Of 30.72 per cent.
For the seven months of the current
fiscal year ended January 81 net aggre-
rated Sl4,678,9l4. an increase Of 2llf
per cent, compared with the CORE
spending period of 1916.
Lchigh Valley Railroads.&c. COM
pany placed an order yesterday for
ffty-sir new locomotives Of the most
powerful kind adapted for freight ser
vice. They will be built by the Bald
win Locomotive Works. Twenty Of the
engines will be Of the Pacific type. The
others will be built for heavy freight
service, having ten driving wheels and
weighing SAP, 700 pounds each. The Pa
cific engines will be of the most pow
erful Of that type ever built lnclud-
ing this new order the Lchgh Valley
has added 181 new engines 20 its rolling
I stock in the last fourteen months.
New OIL Interpretations. Capital stock
authorized in the incorporation of new
oil and gas companies since the begin
ming of the war now amounts 20 $685.
/ 241 900. the aggregate capitalization of
b63 concerns. OF this sum. $50 1875, 900,
"Thc Journal Of Commerce" estimates.
was authorized for ffty-threc compa-
MES in various states in February. IS
tablshing a new high record for the
number Of corporations. and also
high record for capital stock, with the
exception of February, 1915. when tho
total was SlG3.9l5,0O0. most of which
vas made up Of the $4,000 900 stock
OF . large oil merger.
Sears, Roebuck 4 Co.-February sales
Of the company were Sib,745,4l8. an in
creasc of s3,6i9,227. or 29.s4 per cent,
compared with the corresponding month
OF 1915. For the hrst two months Of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Barrett Concern
To Double Its
Capital Stock
Company Reports Large
Business Increase Aside
from War Contracts

Directors of the Barrett Company
successor 10 the old American Coal
Products Company, at special meet
inc Yesterday voted to increase the
authorized amount of preferred stocH
form 100000 to sl2,5OO,oOo, and the
common from s15,OOO,OOO to $25,ooO,ooo.
The present amount of preferred out
standing is s4,s96,sOO and of common,
s12,Os9,1OO
Preferred stockholders arc given the
right to subscribe to 30 per cent OF
their holdings in new preferred stock
at par. and the common stockholders
NAV subscribe to new common stock al
mar 70 the extent of 20 per cent of their
holdings, and to new preferred STOCK
at mar in the ratio of one share for
each ten shares of common. This VIII
result in the issuance of approximately
$3.50. 900 of each class of stock
The stock offering has been under
written by Montgomery, Clothier
TYLER. In a letter calling a special
meeting of stockholders for March TO-
70 approve the proposed stock increase
William II. Childs, president OF the
company, said:
"The earnings of the last two years
have included profits due TO war cond'-
tions abroad, but during the same
neriod the market for the company
normal products has expanded greatly
and the Investigation Of its pdoducts
and the development of its output OF
sound and permanent lines have SHOWN
remarkable and profitable growth.
ct was, of course, inevitable that IN
handling its greatly increased volume
of business the corporation would ap-
nropriate increased amounts TO con-
struction and TO working capital, and
II proposes to continue the policy OF
iudicious additions to its investment
in plant and working capital IN ordor
70 take advantage of the profitable OPP
nortunities for additional business
which are offered. and to continue It's
policy of organizing for the production
of widely diversified commercial ou,-
mt in large volume and at the lowest
nossible cost. The present proposed
increase in the company's capital is
for this purpose.
"The directors. regardless OF me ef-
feet of early or late peace, expect tha'
cash dividends upon both preferred and
common stocks, including these ne"
issues. will be continued at the rate OF
7 per cent per annum, and that part OF
the surplus will be distributed to the
common stockholders in the form OF
stock dividends"
Mr.. Chlds said that the cash "a
ceived from the sale of new stock VIII
provide for cash requirements during
the next two years. The annual report
of the company, to be issued soon, he
said. would show net earnings equiva-
lent to approximately 81 per cent on
the present issue Of common stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Canada Seeks Farm Labor
Offers 160-Acre Homestead
as Bonus to Workers

Chicago. March 2. - The Canadian
government is Offering extraordinary
inducements to obtain the farm labor
necessary to assure full crops this sea-
son, according to a statement to-day by
W. J. White, Canadian inspector Of
immigration agencies in the United
States.
Laborers, it is said. are offered 100
acres of homestead land as a bonus. the
time employed as farmland to be
counted as part of the homesteading
period. Canada is said to be short
90 900 farm laborers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Money and Credit

Money rates were moderately easy
yesterday. tanks were somewhat freer
with their Terings, but continued 70
maintain th, conservative attitude az
90 lending for the longer periods. The
amount Of business dono was only fair.
Rates on loans against mixed collateral
were quoted 4 % ~ per cent for all
periods. Industrial money VAS quoted
IT ~ 20 "a per cent for ali mstur-
fiez.
Call money ~ the Mem York stock
Exchange closed the week unchanged al
* per cent This has been the pre-
vailing rate almost daily for more than
fortnight, and indicates the liberal
supply 81 dag % day funds Offering.
This IL due " tho fact that most bank
ing instit0nens prefer 70 make loans
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

The above rates express the cost Of
foreign money in terms Of the Ameri-
can dollar. You buy An English pound
sterling for SAB; the intrinsic par
ity il ;4s6ss per pound. Thus, you
gay either that pounds are 40 a dis
count or that dollars arc At a pre-
MUM, which IL owing 70 the fact that
I'm England the demand for dollars
with which 30 settle accounts in this
country IL greater than tho demand In
this country for pounds with which ~
settle as6ounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
the year sales amounted TO 2a,s2s,23o,
a gain Of s7,252, 1858, or 3S.46 per cent.

New York Central.-Combincd earn
ings Of the Central system. including
all lines, for the month of January,
show operating revenue of s29,lOo.9lf'
an increase Of s2.747O97. Net totalled
s., 6O7 PIP. decrease Of $l,066,ij2, COM
pared with January. 1916. The decrease
in net was due to the heavy increase IN
operating costs.
The company has been granted per-
mission by the upstate Public Service
Commission to purchase the Fulton
Chain Railway Company and the Ra-
quette Lake Railway Company, valued
at more than 100000, by assuming
the indebtedness of the subsidiary
lines. This amounts TO only about
$50, 900. The arrangement was made
with the consent of the stockholders
Of the smaller lines, including the Van
derbilt family, the Huntington family
and the J. p. Morgan estate.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Friday, March 2, 1917

If the example of the Marlin Arms
Company, which has decided to pre-
pare for the manufacture of peace
goods while its business in war ma
terials is still at a peak, were to be
followed by other war order COM
NAMES, the industrial world would
have much less to fear from the gen
eral readjustment which, it is eX-
pected, will Immediately follow the
restoration of peace. The cessation
of hostilities will mark the end OF
war trade, and as a result thousands
of workers may be thrown suddenly
out of employment. That could not
fail to have a serious effect upon the
whole business world. If, however,
preparations are made TO utilize
facilities which have been created for
the manufacture of war goods to the
production of the goods needed for
reconstruction in Europe and for the
development of our own vast un-
touched resources, the shock of peace
would be greatly lessened.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

Commercial PEper-This market is
extremely quiet. The tone is firm.
Local banks continue TO keep out of the
market and are inclined to save their
resources in anticipation of early Dor
rowing by the Federal government.
Prime regular msturities are quoted
generally at AZ per cent, although, of
course, this rate varies.
Official rates of discount of each OF
the twelve Federal districts are as fol
lows;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

Bank ACKNOWLEDGEMENTS the
restraints on business due to the trans
portation congestion and other causes
bank clearings continue to run large
the aggregate at leading cities this
week. as reported to R. G. Dun & Co..
being S4.763.139,657. Compared with
the corresponding weeks Of 1916 and
1915. this represents a gain OF ia per
cent and $50 per cent, respectively
Clearirgs at New York were 90 per
cent ahead Of 1916 and 54.4 per cent
larger than 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
The Dollar in Foreign Exchange

Exchange on Italy set "a new low
record rate Of III 70 the dollar, as
compared with 7.72 the day before.
Demand sterling reflected fractional
improvement at $4.75 The rest of the
market was practically unchanged.
Closing rates yesterday, compared
with week ago, were as follows:
l..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

While practically all items in our
export trade move out at steadily
rising prices, farm products show
more increase than most other com
modities. Probably high prices &C
counted for 80 per cent Of the in
crease in value Of exports last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
New York

Argentine Notes.-The new s5,0OO,OOO
discount loan to the Argentine govern
ment. it was learned yesterday, is be.
ing offered privately on 90 per cent
basis. One member of the lending
group of bankers had sold more than
one-ffth of the issue at the close oil
business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03
Other Cities

State Bank Call. Albany. March 2.
A call for the condition of state and
private banks and trust companies at
the close Of business on Wednesday,
February %, 1917, was issued to-day
by Superintendent Eugene Lamb Rich
ards Of the State Banking Department.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

Michigan Central.-An issue of this
company's one-year Az per cent notes,
amounting to 100000, will be met at
their maturity on March 10. 1t is no.
expected that the company Will imme-
diately issue any bonds under its new
OO,OOO,O0O mortgage, as present con-
ditions of the investment market are
not considered favorable for a long
term bond issue.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-03

Weeks Money Currents Reported
movements of currency this week indi-
cate a gain in cash by the banks OF
about 500, OOO, 900, mostly on account Of
gold imports. On operations with the
interior the banks lost S3,45G,000. Gold
imports paid through transfers 20 the
Sub-Treasury on account Of deposits az
the Philadelphia Mint amounted to
SOC. zoe. 900.