davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
News Digest
'Ore!0n

London Market Strong. - LONDON,
Oct. 1.-THE strength Of irst-class in
vestment stocks continued the feature
on the stock Exchange to-day The
market had cheerful tone and the
ticker recorded a large number Of
markings in British and Allied bonds
at firm prices. Oil and American Mar
conf stocks were the most active in the
miscellaneous section and rubber
shares were steadily maintained. Ar
centine rails were easy on strike re-
ports American securities closed dull
Paris Bourse. PARIS, Oct. II. -
Trading was active o. the Bourse to-
day. Three per cent rentcs, 81 francs
% centimes for cash. Exchange on
London, n francs Is confines; . per
cent loan, SO francs 45 centimes.
Rand Gold observation-disclosures,
Oct. 1.-THE output Of the Rand gold
mines for September was 73o,OOO fine
ounces.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Dividends
ELECTRIC Bond & Shl

Electric Bond & Share.-Regular quarterly
dividend of per cent on the common stock.
payable October 10 10 stockholders Of record
October 10. and regular quarterly dividend Of
1ia per cent on the preferred stock. payable
November / 20 stockholders Of record Octo-
Der D..
Pacific Coast Regular quarterly dividends
of q. PER cent on the first preferred, | per
cent on toe second preferred stock and l per
cent on the common stock, all payable No
yember TO stockholders Of record October p.
Carolina Power & Light.-Regular quar-
terly dividend Of one-half Of | per cent on
the common stock payable November l 20
stockholders of record October 10.
Fort Worth Power a Light.-Regular
quarterly dividend of 2. per cent on the
preferred stock. payable November TO stock
holders OF record October 20.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
The Dollar in Foreign Exchange

Exchange on Holland continued its
advance yesterday, guilders rising 4
10 ASA cents in the local market. Swiss
exchange was also strong at 4.C9 francs
TO the dollar. The rest Of the market
was dull, without important change N
rates.
Closing rates yesterday, compared
with a week ago, alo gwen in the table
below. American banker, have eus-
pended all dealings in German and
Austrian exchange. % that daily quota
lions for either marks or Eronen are
no longer available.
Quoted dollars 10 the pound.)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Corporation Returns

Pacific Gas & Electric.-Report filed
with the New York Stock Exchange for
the fiscal year ended June 30, 1917,
shows earnings after interest charges,
depreciation, etc, amounting to S4,007,-
POI. equal to 1851 a share on $4,000
05S common stock, after allowing for
dividends en- the preferred shares. The
report compares as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Russian Bank Takes
A Democratic Name

The new regime in Russia has changed
the name Of the central banking inst!-
tuition from the Imeprial Bank Of Rus
STA to the State Bank Of Russia.
The change in the style followed
Premier Kerensky's definite proclama-
tion Of . republic.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
The Trade Outlook
Volume Well Maintained, but
Conservatism Increases
~Dun's Review" says

"Dun's Review" says:
"Not only has tho betterment which
recently DEVELOPED IN business been
sustained, but IL has become more deci-
sive and in some leading departments
results already exceed anticipations.
Nor does the gain alone appear in vol
ume Of transactions, for sellers views
about prices have experienced sudden
revision. and in some quarters where
concessions we're lately feature sharp
recoveries are now witnessed. For the
change in conditions the advancing
season provides an important reason,
and for tho more confident sentiment
which has made the improvement pos
sible the removal Of some uncertain
ties and official assurance of large
grain harvests afford adequate explain
alton.
THE most potent and gratifying fac
tor in the situation, as it has been for
some time, is the general spirit of con-
servatism which curbs speculative ten
denotes in trade and industry and OPP
crates TO keep commitments within the
limits Of safety; and though in some
branches business is not so conspicu-
ously active as year ago, it unmistak-
ably rests or more solid basis
"Bradstreet's" says:
"Tyade continues of large volume,
but Conservatism as regards future
buying seems to be more marked. as
the high altitude to which prices for
materials as well as labor have scared
is causing enough concern TO restrict
widespread trading. and, moreover,
there is a disposition to wait snd see
how far governmental price regulation
will 60 Yet government orders which
flow forth TO a variety of lines are
more than sufficient TO Offset any re-
cessions in what might be termed nor
nal operations.
ALLOWING for the reservations noted,
house trade. is rather active, sales by
jobbers are good, and distribution by
retail dealers has been improved by
colder weather But sales made By
final purveyors, especially in the East,
evidence the existence of economical
tendencies, which in all probability
have been LARGELY superinduced by
high prices or the displacement Of
buyers caused by army enls.ments.
On the other hand. the situation in the
large cities close to environments could
hardly be better"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
FINANCIAL
STATE OF

STATE OF NEW YORK TN~r RANCE rfp ART
meat Albany, Angus. 90 i.i--.N bona Nra
American Acc l'ut Insurance Conn '.,rl
CAicig0. 81 tle state ~ Illinois. ILs .tl D.. Do.
oftce sworn statement by tae proper Mons .aff-i
Slowing rs condition ana business A.l las coz.
p.lrt IN al RESPECT. VIVA fh- it.s s -.'
relating - Accident Tnslgtnce C.us ller'
poraiei BY other states ~ tie iu.t-l , t.rs -
theroiore. IN pursuance ~ law J. Jesse t-.,
Superintendent y, Insurance = DE sac = ~
York. d. hereby certify that said COMPANY = A-i,3
authorized % transact the business ~ A1riif+ l.-
surancs IN this Stato 90 accordance Rifh law i'l,
Ing the curren, year TIE condition sri tls.n--, !.
SAID Company a. tie date %, sIch ,ialef4el1 Nv
cernber 81. 1870 Is shown - follows. a.
Aggregate amount % admitted As-es ssfI.s|S
Assrega,o amount q Llsli.I.les leec,pt
Capital and surplus. IcIgl'rs re- .,a
L-elfA4le stsssssss..s.. .....tss ~ y.
Amount o! actual peid-up CayitA 700. 10000 y
euEpius over all Liabilities ............ l33o3ts
Amount OF Income Tor the year ...... I. ftssl =.
Amount ~ Disbursements for tie ysar.. - =
L. Witness Whereof, I have leregnto. sine ~.
ny name aud caused tho sea % ~ -
lsesll 10 be AFFIXED the DAP AID yeas Above ~r'i'N
JESSE 5. PHILLIPS
Superintendent o, IniurlaS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Commercial Pspcr-An increase in
the demand for commercial paper was
noted yesterday. Several important in
stitutions were reported 70 have en-
tered the market and made substantial
purchases. The majority OF the bust
ness moved on a 5% per cent basis.
Official rates Of discount for each Of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Money and Credit

Owing TO the light demand for new
accommodation rates for call money
dropped TO pa per cent at the Stock
Exchange yesterday, the basis on which
the bulk Of the business was done
This compared with 81 per cent on
Wednesday and was the lowest level
call loans have touched in fortnight
No change was recorded in the posi-
ton Of the market for time loans based
on Stock Exchange collateral Rates
were maintained, with ga TO per cent
the ruling quotations for practically all
maturities of beth mixed and industrial
collateral loans.
Ruling rates for monay yesterday,
compared with a year ago, were 90 fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Relevant Facts

Ohio Cities Gas-B. G.. Dawes, pres
ident Of the Ohio Cities Gas Company,
said in Chicago yesterday that there
would be no reduction in the cash divi-
dend rate Of 20 per cent, and that
stock dividend OF per cent will be
declared at the next dividend meeting
Altogether" he said, "the outlook is
favorable and certainly the Ohio Cities
Gas Company is in fine position both
financially and in material ability to
continue expanding production and de-
velopment. The stock is now selling
IT about one-half times the price at
which il cold six months ago. Mean
while our profits are larger and we
have more than met our expectations.
We have $l5.00000J quick assets above
current liabilities. and about $4,000, 900
cash. The stock dividend should have
been declared st the same time as last
year, but for our inability to estimate
what would be taxes ordered by the
government. Since the enactment Of
the revenue bill we have been able to
figure approximately at least what the
charge won be, and do not think it
will exceed Sl,400,000."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Bank of Enslnnd.-LoNDoN, Oct. IL;

Gold holdings Of the Bank Of England
decrea scd f237,6l7 during the last week,
according to the statement issued to-
day. The proportion OF reserve to Ina
bilities now stands at 1923 per cent
against 1889 per cent week ago. No
change was made in the banks discount
rate. The weekly return, with the
changes from a week ago, follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Trust Company, the largest institution
OF this kind in Philadelphia, has voted
TO ioin the Federal Reserve system.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

decrease.
Total gold holdings, 2403, 10000
marks
London Money Market. - LONDON,
Oct. l1.-Money was in moderate de-
mand at per cent. Discount rates
were firm. Short bills were quoted at
AZ per cent and three months bills at
1916 per cent.
Bank of France-PARlS, Oct IL
The weekly statement Of the Bank OF
France shows the following changes, IN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

German home industry has now grown
so much that IL will be able 20 expen
largo quantities when normal ceasF
ton, are restored.-Ths Iron AcA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Current

The above rates express The CO OF
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling at, say. s4.75is. The intrinsic
parity is $4.S63s per pound. Thus, you
say either that pounds are az discount
or that dollars are at a premium, which
is owing to the fac. that IN England
the demand for dollarI with which 10
settle accounts in this country is great
or than the demand In this country
for pounds With which 70 settle ac'
counts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

INote.-For The purpose Of comparison
there should be added 70 the net earnings
S5l. 206. being one-half net but undivided
earnings Of the Pacific Steamship Company. J
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

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, 1917-10-12

Gold to Chile.-Gold bars valued at
$4,000 were withdrawn from tho AS
sey Oflcs yesterday for shipment to
Chile. u Is undorstood that the metal
Is being shipped in connection with the
Chilean government sale OF German
owned ssltpetre to the United States
government
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
New York

New Haven to Loan 100000. --
Judge julius VI. Mayer. in the Federal
District Court. with the consent OF
Frank NJ. Swacker. special assistant 20
United States Attorney General Greg
DRY, yesterday amended the dissolution
decree obtained by the government on
October II, 1914, so as to authorize the
New York, New Haven & Hartford
Railroad Company 90 loan 100000 to
the Berkshire Street Railway Company.
The money is to be used in paying the
mortgage bonds of the Hoossc Valley
Street Railway Company, which ma
tured on July last. The Hoosac VAL
ley and the Berkshire Street Railway
companies were merged on June 80,
1906.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Other Cities

Record Cattle Receipts. KANSAS
CITY, No, Oct. 1l.-Cattle receipts at
the Kansas City stockyards for this
week have broken all previous records.
officials declared to-day. By Wednes-
day $3.50 head OF cattle had been re-
ceiyed. and it is estimated that the re-
ceipts by Saturday will total 10000
head. The previous record was for a
week in September. 1913, when 95,29s
head were received.
Joins Federal Reserve SYSTEM
PHILADELPHIA, Oct. 1.-THE Girard
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Dividends Declared and Passed.-Tr

addition to declaring the regular SEMI
annual dividend of So q share on the
common stock. directors of the Ameri-
can Glucose Company have declared an
extra distribution of 50 a share, pay
able November 70 stockholders Of
record October 90 These are the same
dividends as were paid six months ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Sllver~-Bars in London, i4&d, down
s.d; New York, SSEc. off &c; Mexican
dollars, &c, O decrease Of &c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
ths twelve Federal districts are rs fol-
isws.
DbJB
Over Over Over

Bank Clcsrings.-Ths days clearings
Mt New York and other citiesi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Stock Exchange Seats Lover.-Two
memberships were posted for transfer
yesterday, one COR $4,000 and the other
for $4,000. The buyers were George
T. Russell and William c. Moore. The
last price paid FOR a seat on the ex-
change was $50 600
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
The Russell Motor Car Company. II

was announced yesterday, has declared
dividend Of 2sA per cent on the
preferred stock Of which 2s per cent
is on account Of accumulated dividends
and ia per cent for the quarter ending
October 81 1917. All back dividends on
this stock have now been cleared up.
4 dividend Of per cent has also been
declared on the common stock. Divi-
dends are payable November to stock
holders of record October II.
Directors Of the Associated Gas and
Electric Company have voted TO omit
the quarterly dividend Of Ia per cen.
on the preferred stock due at this
time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Aetna Explosives Refuses du Pont
OGer.-Judge Meyer in the United
States Court for the Southern Dis.rlc,
Of New York thas instructed ex-Gover-
nor Benjamin b. Odell and former
Judge George c. Holt. receivers for the
Aetna Explosives Company. Inc, not
TO accept the offer Of +. |. du Pont
de Nemours & Co to purchase the nine
commercial powder plants of the Aetna
company. The offer of the du Points
was made last month. They offered the
receivers sl,5O0.O00 In cash for the
plants, not including raw materials and
stock on hand.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12

Sub-Tressury. - New York banks
gained from tho Sub-Treasury SS51 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Coffee Exchange Memberships Low.

CA membershlp on the New York
Coffee and Sugar Exchange has been
sold for $500. The last previous sale
was for $4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-12
Decrease.

German Bank Statement.-The I'm.
perisl Bank OF Germany in its report
as Of September % shows the following
changes, in marks:
Douglas Island news., 1917-08-03
NEW DRILLING RECORD

A new record over that officially established yesterday ot the prize drilling contest, when Fred Mills drilled six inches in ten minutes, was established this morning whom Henri Zamdcth of Fidalgo drilled a six and scycu-sixtccuths hole in the same time ut the grounds on Broad way. says the Valdez prospcctur. The contest this morning was the result of a wager by the contestant that he could drill a seven inch hole in ten minutes for one hundred dol- lars. The money was covered and Mir. Zandrcth lost by a small margin owing Co his steel breaking twice during the drilling. lt is stated by several men who saw thc contest that Che money would have been won without doubt had the drillcrs not had bad luck.
Douglas Island news., 1917-08-03
TO THE MUSIC CRITICS

Douglas. Alaska, August 1, l9l7 Editor Douglas Island News.
 The article appearing in your pa per of July % is rather a musical joke. Iris said some people don't hike us. You can please some of the people some of the time. We are living in the land of the free and it is up Co the people wanting supplies. music. etc., Co get what suits best. But patronize home industry if pos siblc. My friend, Mr. Critic. terms us as rotten" But by his saying SO does not make it SO. As we an have reputation as musicians. his criticism won't hurt. The music on thc Fourth, furnished by mo. was the best. and two-thirds of it on the music cugravers press as late as June 1. l9l7 l will admit that the absence of thc drums makes a difference and the "pcp" is missing, as Mir. Critic informed me the night of the dance. My friend advises us Co get together and practice Whats the use? We could pick six men out of Thco. Thomas orchestra and they might be dubbed rotten" by Mir. Critic.
 Show me a time when our local men have been called for some char itable affair that they have ever re- fused. Our friend advises Co raise the price but furnish the music. Listen to this for an example: Have been here this last time a little over five years and have played the Treadwell dances all except the last year. and here is how it happened: We used six men and received Toe for an men attending Maybe? The most we ever made was S4.3O. Some one thought 5O cents was enough, and they had their way about that. Never making over S2.5O, we cut down to three or four men, and sometimes the drummer didn't show up so it sounded a lit- tle thin. There Is where the big squawk started. But as far as the music was concerned, it was O. K. Next they hired the best local B. piece orchestra in town and had to pay 80 a man. Soon tired Of that. Then the Juneau orchestra at the same price, but cost a little more than DO or 70 cents. Have no kick coming on our Juneau boys, as We go over there and play. But all ask of Mir. Critic is not to dub us rotten, because we may never get Co play again. Yours truly.
 CARL II. ERICKSON
Douglas Island news., 1917-08-03

Newspapers and magazines To sale at Guys LIrg Store.
Douglas Island news., 1917-08-03
WHY NOT BE HONEsT2

Editor Douglas Island News:
 Dear Having served as pres idcnt Of the Trcodwcu Club band and orchestra, and feeling that the members of same should be given a square deal, must take exception to the article appearing in your last issue Of July 27 captioned. "As to Homc-Grown Music" The crit- cism is neither consistent nor hon. est. IT it were. "lslaudcr" as he signs himself, would Doe man enough Co come out in the open and sign his proper namc Co am article in which, through his scurrilous and mwarrantcd criticism, he has at- tempted Co blackcn the roputc Of a number of musicians now residing on Douglas Island who are as good as ever came north. As ou example, | will name few musicians now residing here who have followed music in the states os a profession. and who, if they were not compc- tent, could not have remained with their respective musical organiza- tions ten minutes.
 Take the past and present leaders of tho Trcadwoll band. Paul Kcgcl and Carl Erickson. Everyone with any musical knowledge or cXperi- once whatever realizes the ability ot these men as clarinet and trom- bone player James Furnas is cou- cedcd Co be one of the best cornet players who ever came Co the chan mel and has been connected with some of the most prominent musical organizations of the west O. E. Bennett as a euphonium or trom- bone player holds first class dis charges from old time bandmastcrs in both army and navy in addition Co having much experience in civil bands and orchestras. Ed Mcln- tyre has been playing violin for dances and concert work for years in the states and in the north. Wcr- ner Berg is recognized as natural trap drummer and tho best that ever played on the channel E. J. Dyer is unexcelled by any musician in the north on piano or violin. These men all read music at sight and he is a brave critic indeed who has the nerve to call their efforts "incom- parably rotten"
 AS to the music furnished on tho Fourth of July. there are two sides to that board and it is quite cvi- dent that Islander" did not wish Go touch on the other side. In the first place, there were but few pres ent at the dance for the reason that an admission was charged and there was free dance in Juneau. At any dance, no matter how good the nut sic may be- if thero is a small crowd, there is a sort of a wet blanket" effect which cannot be dispellod and all present report a rotten" time. Again, there were those present who insist that a drum and plenty of noise is the only part Of an orchestra.
 islander" claims various reasons assigned to the failure of the Tread we'll Club dances when in reality there Is only ONE reason and that
Douglas Island news., 1917-08-03

is tho indisputablc fact that the mu- slclans did not get paid for their work. From four to six of tho best musicians on thc Island played for those dances on a percentage basis and on several occasions received less than one dollar apiece for their three hours work. This was the fault of tho management of the dances. and according Co many dancers on the Island, the popularity of the Club dances dwlndlod stead fly owing to the fact there was ever present a small clique who would dance only with their own set. This condition. if truc, will queer" any dancing party, and us the attend ancc began to drop or, those present could not. or would not, pay more than their usual proportion toward the support of the music, hence the unpaid musicians and the wrong- |lur over rotten music"
 "lrlandcr" admits that tho music Tor thc last Red Cross dance was very good. yet he wants the musi- cians here Co get together and prac- flee some of the latest pieces before kicking 1T foreign" music is hired. As he has admitted that he doesn't know anything about music, for his special benefit let it be said that the leaders of bands and orchcstras here. as we'll as on the other side Of the channel. get the very latest music as professional copies from the music houses in the states os soon as they are printed.
 The old Lyric orchestra on Doug las island enjoyed the reputation of being one of the best musical organ lzations in Southcastorn Alaska. On a number of occasions they were hired Co play for dances in Juneau, but Che majority Of people there al ways asked. "Why the foreign mu- sic?" when just as good musicians were Co be had in Juneau, and the majority of che dancers here feel the same way today when outside music is hired for our dances. There are splendid musicians on both sides of the channel, but the average good citizen is going to stick up for his home town and demonstrate his loy- .alty by patrouizing che wares of his own people.
 islander" is only consistent and honest i'm one Of his statements, in which he said he was no judge of music. and if his identity is ever learned. irs two Co one bet that he attempts Co play football during a good old dreamy waltz. At any rate. his one honest admission iu having mo knowledge of music is cxccllcd only by his imaculatc nerve lin attempting Go criticize publicly a subject with which he is entirely unfamiliar. Very Sincerely
 D.L KINZIE.
Douglas Island news., 1917-08-03
ONLY FOR SHORT TILE

10 is reported that kick" has been registered with Che office of tho district attorney over the Home Bar being less than the required distance from church. As the same condition existed for years in Che past and can only possibly exist during the balance of Che present year. why not let Ter go us IJ looks for the short time the saloon has Co exist? This town has swallowed cnmcls whole geological gardens for tho past twenty years and the present is not a good time to begin struiuing at Enats.