davidaulloa/AmericanStories huggingface dataset:
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-12
ADJUSTMENTS

Photographic work was done under
the eyes of men who knew how to de-
velop realism, because they had par
ticipated in real warfare. Co-opera-
enlisted in the work to make the film
complete success.
ORPHEUM
To- o-night-"Love o. Mike"
Christmas. matinee and night, Decem-
Der 25-Harry Lauder.
MAJESTIC
High Grade OF Vaudeville.
COLONIAL
To-day, Tomorrow and Friday-The
Great War Spectacle For the
Freedom of the World"
Saturday-"The Mask of Life"
REGENT
To-day, last time - William S. Hart
in The Silent Man"
Thursday. Friday and Saturday -
Marguerite Clark in "Bab's Matinee
Monday and Tuesday. Sessue Haya-
kawa in The Secret Game"
VICTORIA
To-day-Maciste in "The Warrior"
Tomorrow - Mrs. Vernon Castle in
THE Mark of Cain"
Friday and aturday-Virginia Pear
son in "All For a Husband"
The highly successful manner in
which the musical comedy success.
Love O. Mike" caught
Glove o. on" in New York last sea-
Mike son and during the early
Tonight weeks of the current sea-
son, has demonstrated
n
ton of dainty and refined presenta-
tion. charming and youthful comedi-
ennes and tingling and melodious
music. Love o. Mike" is said to be
full of the spirit of youth, the ma
tority of, the members of the cast be-
ing members of houseparty' of young
people, the girls having formed
strong attachment for a British noble
man, With their young admirers plan
ming to destroy this infatuation and
dancing and ensemble numbers and a
decidedly comic butler constitute the
interest in this musical play. Love
o Mike" was written by Harry B.
Smith and Jerome Kern, who have
contributed such notable works as
robin Hood" "Oh Boy" Very Good
Eddie" and many other musical pieces
to the American stage. Love o
Mike" will be presented at the Or
pheum tonight.
Harry Lauder. the famous comedian.
who is making his farewell tour of
this country. and
Farewell Tour of who will be seen
Harry Lauder at the Orpheum
Christmas Day,
matinee and night, made his first ap-
pearance as an actor in the legitimate
last season. He played the role of
Georgia Pow in Graham Moffatt's "A
Scrape o the Pen" at the Comedy
Theater, London. for one performance,
in the aid of the British Red Cross.
Georgia Pow is character something
like that in LADDERS song of THE
Safest o the Family" and, accord
ing to press reports of the perform
ance. Harry acquitted himself with all
of the skill of an actor trained in that
work. He studied the part while he
was ill in a private hospital-a "nurs-
ing home" London calls it-and he
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-12

For the Freedom of the
World the Goldwy Company's
great war drama,
"FOr the Freedom opens three
of the World" day engagement
at the Colonial
Theater to-day. This picture is to be
given as a benefit for the mothers,
wives and sisters who have given
their loved ones to the service of
Uncle Sam. The proceeds of the show
will be used to buy comforts for the
boys who are fighting at the front.
New-York tribune., 1917-12-22
McAdoo Says Unfounded
Reports About Next Liberty
Loan Are MischieUous

WASHINGTON, Dec. Published
reports that the third Liberty Loan
would be for Ss,OOO,O0O,OOO at Az per
cent interest, y per cent above the
rates on the second loan, were denied
to-day by Secretary McAdoo. In for
NAL statement he said:
The report that the next issue Of
Liberty bonds will be $4,000, 100000
and at AZ per cent. and on March 10,
1918, is wholly unfounded. l wish !
could make the patriotic newspaper
men Of America realize how mischiev-
Gus and hurtful to the interests of
the country such speculative state
ments are. When a decision has been
reached about the next Liberty Loan
it will be officially announced. Mean
while all other statements and rumors
may be disregarded"
The difficulty Of planning the third
loan at this time, Treasury officials
pointed out. is increased by the i'm
possibility Of foreseeing actual dis
bursements and receipts from sale Of
war savings stamps during the re-
naming six months of the fiscal year.
The interest rate must be dependent
somewhat on the market price Of Lib
erty bonds Of past issues at the time
of the third loan.
New-York tribune., 1917-12-22
An Appeal

l.. +. LOOMS. president Of the Lehigh
valley Railroad Company, sent out an
appeal yesterday to all employees Of
the road impressing them with the i'm
portance of helping to operate the
property at the highest point of ef-
hciency. Copies Of the appeal have
been sent all over the liLes of the road.
" reads as follows: 81 sometimes feel
that the Lehigh Valley Railroad en-
ployes fail to realize what a necessary
factor the railroads are in the winning
of the war. They are literally the back
ing of the men in the American camps
and the French trenches. Without their
faithful service the courage and en-
durance of the bravest troops become
useless. This is so true that railroad
men unwilling at this time TO give to
their work the best that is in them, are
actually slackers. There must be no
slackers among US. Every man must
stick 10 his Job in these troublesome
days. II is "A time for self-saerifice.
This means working thirty days a
month. If necessary, regardless of
weather conditions: losing no time
after payday; assisting. each in his
place, in running this railroad at the
highest point of efficiency. The CO.
operation Of all is essential. Don't be
Stacker"
New-York tribune., 1917-12-22
Natl Conduit & Cable
Dividend Is Passed
Stock of Company Tumbles to
6Following Directors
Action

Directors Of the National CONDUIT
and Cable Company voted yesterday to
pass the quarterly dividend Of 81
share due at this time. No explanation
was made for the action of the board.
This statement, however, was issued:
"The company is in excellent hnan.
cial condition. II has no floating deot
and its quick assets exclusive OF
plant. after making allowances Tor
current wages, accrued bond interest
and reserve for taxes. are approximate
ly S7,00O,000. Of which $lOS5''3@ Is
cash in bank
The present company was lhcotPoIa1-
ed early this year as conSoIidatio'i,
of A concern under the same name ana
the National Brass and Copper uoe
Company. The New York & Hastings
Steamboat Company is controlled oy
the present holding corporation. zap,
ital stock to the amount OF Zoo'oVV
shares. without par value. was autnor-
lied and is now outstanding. NeI
profits for 1916 were S3,393,22I. ana
for the last ten years they have aver
aged S736,530 per annum.
The stock OF the company dropped
10 the new low price OF l6 on the STOCK
Exchange following announcement tnat
the dividend had been passed
New-York tribune., 1917-12-22
Relevant Comment
The Bond Club Luncheon

Some three hundred bond statesmen
enjoyed the first good, hearty laugh
Yesterday they have INDUCED in for
many weeks. They had foregathered
at the Bankers Club TO partake Of
the once-a-month luncheon given by
the Bond Club. While the repast was
being served conversation around the
various tables was conducted in sub
dued tones, suggestive Of wake rath-
er than gathering of energetic young
business men. It was as some OF
the atmosphere of gloom which has
settled so heavily upon the investment
section Of the financial community had
been waited by an uplifting breeze 20
the twentieth floor Of the Equitable
building, and, penetrating the dining
room, had benumbed the minds Of those
present to thoughts Of things cheerful
Tears were not shed into the coffee
cups. but it seemed as though nothing
would happen to break the spell when
the president Of the club announced
that Mr.. George 7. Wilson, vice-pres-
ident of the Equitable Life Assurance
Society, had been asked TO say few
things about the value of the "smile'
in business and the good that comes
from taking an occasional look on the
lighter side of life. And Mr.. Wilson
did. What he said unfortunately will
be lost to history, but it will live long
in the memory of those who listened
to the wholesome philosophy he mixed
with side-splitting stories and anec-
dotes. The bond men forgot about the
investment market, with its gloomy
outlook, and a lot more Of their trou
bles. They saw the world in new
aspect.
Then Mr.. Wilson changed the tenor
Of his remarks, and in discussing the
war sounded a deep note of patriotism,
to which his audience was equally re-
sponsive. Pointing to the American
flag, he said:
in the whole world nothing SYM
bolizes the dreams and aspirations OF
mankind more than those glorious
Stars and Stripes" and his hearers,
rising, paid a silent tribute to the
flag.
The bond men returned TO their Of
noes more earnest, though lighter
hearted set of men.
New-York tribune., 1917-12-22
Farmers Borrow
Nearly $30,0OO,OOO
From Land Banks
Additional Loans of $75,OOO,-
600 Approved by Fed
eral Board

WASHINGTON, Dec. 2l.-Loans ag-
gregating s29.S24 900 have been made
TO farmers by the twelve Federal land
banks in the six months since the
farm loan system has been in full
operation. according to the monthly
report OF the Federal Farm Loan Board.
In addition, S75,0O0,O0O Of loans have
been approved and will be negotiated
at the old 5 per cent interest rate
when funds are made available through
sale of farm loan bonds privately, or
to the United States Treasury under
the pending plan 20 have Congress ap-
propriate $l00,000,000 year for the
purchase.
. Applications for loans have amount
ed TO S2l9,000.000, which has been cut
to slS0,000,000 by reductions ordered
by appraisers. or by reflections. A total
Of l,S39 cooperative farm loan asso-
Citations, composed of ten or more
farmer borrowers. have been charter
ed. Future loans will be made at the
new interest rate of 5i2 per cent.
The greatest volume of loans. ST.
100000. have been made by the Wich-
ita, Kas., bank. which covers Kansas.
Oklahoma, Colorado and New Mexico,
and 344 loan associations have been
chartered in this district. Second place
is held the Spokane district. compris-
ing Idaho. Montana, Oregon and Wash
ington. with s5.366,000 loans and 259
associations.
Loans in other districts are as fol-
lows: Springfield. Mass. s70S 600; Bal
timore, S1,599,000; Columbus. 5. c..
s9ls. 900; Louisville, s1,7S2, 900; New
Orleans, s1,634,000; st. Louis. .Sl,254,-
900: st. Paul. $4,4ls,OOO; Omaha. 81,
7s7, 900; Houston. Sl,l45,O00. and Berke-
ley, Sl,8l8,000.
New-York tribune., 1917-12-22
Finance Economics

Of the railroads or az the hands Of
the government. The Sherman act.
as IL applies 20 the railroads, is
already dead The Interstate Com
merce Commission has formally re-
quested its appeal.
Under the whip Of necessity We
shall learn how enormously to in
crease the freight hauling capacity
Of our railroads and, Of course, at
the same time their dividend earn
ing capacity, without adding TO
their capital. And this is no bear
argument on railroad securities.
In the main, this is very good
statement of the situation. 1t is
fortunately true that government
ownership seems remote. and it is
true also that under any fair method
of valuation stockholders would re
ceive more than current prices,
though no one can say for sure that
q fair valuation would be made.
No railroad man would admit that
the system used by the Interstate
Commerce Commission in the valua-
tion now under way is fair, and it
is not impossible that valuation
would be made on the basis of
stock market prices. But aside
from that, there is one very i'm
portant consideration the writer
fails to take into account, which is
that the cost Of capital has risen
tremendously and is likely to re-
main permanently on a much higher
basis. This naturally adversely af-
fects railroad securities, because
where income is not fixed it is.
practically speaking, limited. Never
theless. it seems certain that the
great recession in prices which has
taken place in the last year has
more than discounted everything
which has happened and anything
which the carriers are likely to en-
counter in the future. Liquidation
has been overdone, and as the
writer of the market letter says,
"great opportunities in Wall Street
always arise from discrepancies so
obvious that nobody can account
for them"
New-York tribune., 1917-12-22
Regular Dividends

MeIicsn relegraph.--Regular quarterly div
idend OF 2i2 per cent. payable January 10 to
stockholders Of record December 81
Cleveland. Cincinnati. Chicago & st. Louis
RAILWAY. Regular quarterly dividend Of II.
per cent on the preferred stock payable Jan
uary p to stockholders Of record Deem
Der 81
Lehigh Valley Coal Sales.-Quarterly divi-
dend OF 4 per cent. or s. share. payable
January 10 to stockholders Of record Jam
uary :.
Westinghouse Electric & Manufaeturine.--
Regular quarterly dividends OF IA per cent
on the common and preferred stocks Com
mon dividend is payable January 81 20 stool.
holders OF record December 81. and the pre-.
ierred January Is TO stockholders of record
December 81.
Central & South American Telegraph
Regular quarterly dividend Of IL per cent.
payable January 10 stockholders Of record
December 81
Cardenas American Sugar.-Regular quar-
terly dividend OF q per cent, payable Jam
uary to stockholders Of record December 20.
Mortgage Bond Of New YOrk.-Quar,erly
dividend OF IA, per cent. payable December
81 TO stockholders OF record December %.
United States Mortgage & Trust.-Res,-
lar quarterly dividend Of per cent. payable
December 81.
Jones Brothers Tea.-Dividend Of 90 cents
share on the common stock. payable Jan
uary 10 TO stockholders Of record Deem
Der 3l.
Merchants National Bank.-ReSular semi.
annual dividend Of I per cent. payable Jan
uary 70 stockholders Of record Deceun-
Der q.
Consolidated Traction Company Of New
Jersey.-Se -Semi-annual dividend of a. a shar.
payable January Il TO stockholders Of rec.
ord December 81.
Bank Of Cuba in New York. Regular semi
annual dividend Of per cent. payable jan
uary to stockholders Of record December %
Federal Reserve Bank Of Boston.-Divi.
dend equal TO s per cent per annum on ali
cash paid subscriptions since December 81
1919, the date Of the last dividend. uavahis
New-York tribune., 1917-12-22
Earnings of Sugar
Concern Are $63.41
On Common Stock
Cuban-American Company's
Total Sales Last Year Ex-
ceeded $4O.OOO,OOO

Total sales amounting TO S40,345,554
are shown ip the annual report of the
Cuban American Sugar Company for
the fiscal year ended September 80 last.
The preceding years sales were s27.-
344,l2s.
Owing TO an increase Of s1l l,s04,93
in operating expenses and of S2,537 sos
in charges the years surplus OF $685.
999 fell below that of 1916 by sl,34l,-
ia. The big jump in charges was due
largely TO the setting aside By the com
pany last year OF s2,500,000 for income
and war excess profits taxes. The pro-
vision for depreciation was s762,03O.
The company produced last year 29s,-
2OS tons OF raw sugar. compared with
26S,3l0 the year previous. The balance
sheet showed s7,39s, ,438 of current
assets, of which s7.39s, ,43s was in cash.
After dividends on the preferred
stock the balance available for the So
99e, 800 common last year was equal TO
$63.4l share, against sl07.67 a share
on N,l36,6OO common stock.
New-York tribune., 1917-12-22

December 81 to stockholders Of record OF 'h''
date.
Fairbanks. Morse.-Regular quarterly ~, s.,
dend OF per cent on the common s'.. -
payable December % 70 stockholders VI ~
ord December 20.
Washington Water Povsr.-Reguar 70
terly dividend of 81. payable January
stockholders Of record December 10. -.
City Neutrality-suspicious. gIArtery .,,si.
dend Of Ia. per cent on the preterrss -
payable January : to stockholders Of NV
December %.
Panama Power & Light. Regular S,r,-
tery dividend OF la per cent on .,sek.
ferred stock, payable January "
holders OF record December -.
Columbus Electrie.--Semi-annuAi e.s.bs
OF SO a share on the preferred stock 49,.
January = 20 stockholders Of reeo'' f.
Der %.
Traders National Bank. Usual ~ -
nual dividend of IL PEI cent. rsys'~ !.
uary ..
New-York tribune., 1917-12-22
Trade Encounters
Many Handicaps,
But Keeps Active

Increasingly important governmental
requirements, quickened retail trade
due to cold weather and holiday buy
ing, difficulty in operating leading in
dustral plants owing to paucity Of fuel
and better than seasonal Distribution
by wholesale dealers as we'll as jobbers,
the trends in the latter respect having
been carried along by activity at sec
ondary markets as distinguished from
movements at the so-called primary
centres, where trade has receded, pre-
sent the chief characteristics Of this
weeks reports 70 "Bradstreets."
Industry" this trade authority says,
ais strenuously trying 10 fill orders IN
the face of numerous handicaps howlng
from shortage Of cars, lack of fuel. in
sufficient supplies Of labor and lnciem-
ent weather. At the same time. the sea-
son for inventorying, as well as the
continuous shifting from non-essentlal
outputs, has resulted in a degree OF
quiet in industries that are not favored
with war orders"
How the war needs are monopoliz-
ing attention is illustrated, according
70 "Dun's Review" in one way by the
fact that in certain lines Of textiles
the mills will not undertake 20 provide
more than half a normal supply Of
goods for civilian purposes, and the
policy of limiting the turnover of fancy
merchandise is spreading. Where buy
ers' wants are especially urgent. there
is no dicusson about prices, but in
some commodities, such as in light
weight hides and in upper leather,
where demands are closely confined 70
actual requirements, sellers are more
disposed TO make concessions. Yet the
main trend Of wholesale quotations is
still upward, with "Dun's" list this
week disclosing thirty-eight advances
and thirty recessions.
New-York tribune., 1917-12-22
TO THE STOCKHOLDERS or
FRANC & IANEsDOHE INf.:

PLEASE TAKE NOTICE. tha, a spssa
Meeting OF the Stockholders ot FRAN.
LANGSDORF. INC. VIII De held on W
3rd day OF January. 1915. a. 1000 oSi~, oS~
pany. No. 1926 East 26th Street, n ~
Borough OF Manhattan. city Of New lt,. l1is
for the purpose OF considering a resoisss ~.
10 change the name u the company ~ ~,
FRANC & LANGSDORF. INC. ne pfs,ssvs
name thereof. 20 FRANC-STRoHMENS ss.
x COWAN-TSC.. ia accordance WIN
tion sc Of the General Corporation LA-.'
Dated. New York. December itth, isl~
JESSE T. LANGSDORF, Preslden~
SIDNEY FRANC. Secretary.
New-York tribune., 1917-12-22
Bonuses

Christmas bonuses were announced
yesterday in greater number. Usual
distributions of 10 per cent OF salaries
were announced by the Union Trust
Company, the Mercantile Trust and
Deposit Company. the Merchants Ma
tional Bank and the United States
Mortgage and Trust Company.
The Union Trust Company has also
arranged 70 pay quarterly during
1918 an additional war compensation
amounting TO 10 per cent of the 1917
salary for unmarried men and from
Is TO % per cent Of the salaries OF mar
ried men. The higher percentages ap-
ply to the lover salaries.
Directors of the Lehigh Valley Sales
Company authorized the payment TO all
salaried employees of 10 per cent
bonus.
New-York tribune., 1917-12-22
War Savings Stamps for Gifts

Several important industria! and
railroad corporations are needing the
admonition Of the Treasury Depart
ment that they help conserve the ma
tons gold resources By giving TO their
employees this year Christmas gifts in
the form of war savings certificates
instead of gold pieces. The practice
being followed by heads OF these COM
panies is to present each employe with
q certificate with one or more war say.
ings stamps attached. This form OF
gift is expected to carry with II more
than its mere monetary value, because
in a large number Of cases it will
Undue the recipient with a desire to
save.
New-York tribune., 1917-12-22
German Firm Acquires
Large Swedish Shipyard

The Stockholm correspondent OF the
London Economist" says that the large
German firm, Hugo SHINES, of Mann
helm. has acquired control OF Sweden's
perhaps largest shipyard, now under
construction at Landskrona. Swedish
papers are drawing attention to the
seriousness of this fact, imploring the
government 70 take prompt and drastic
measures in order to stop foreign in
fuence on Swedish industry.
New-York tribune., 1917-12-22
FINANCIAL MEETINGS
NOTICE OF SPECIAL NETTING OF
STOCKHOLDERS or J. J. LITTLE
4 IkEs COMPANY.

Notice f. hereby given that by order .,
the board Of directors a special meeting .,
the preferred and common Stockholders o.
]. J. LITTLE e. IVES COMPANY VIII =
held on the cath day OF December. lsl'
at 1900 A. NJ, az the Office OF the COT.
pany. No. 43j East 2fth street, N w
borough OF Manhattan, city Of New Yers'
for the purpose OF voting upon propos
tion 10 decrease the capital stock OF u,
corporation from 81 500 900. CONSISTING ?.
10000 shares of preferred stock OF the -,
value OF 800 each and 1000 shares y
common stock Of the par value OF w.
each. TO $3.50. 600. 10 consist of 10000 ssIo
ot preferred stock OF the par value Oh ",
each and 5000 shares Of common stock ?,
the par value Of $50 each. and Tor Wv
purpose OF transacting such other Dusi,ss
as may be ressonsbie and proper IN tS
nectiOn herewith
New York. December rs. 1917.
j.. M. ADAMS,
CLAUDE A. MERsHoN,
s.frefary.
New-York tribune., 1917-12-22
The Dollar in Foreign Exchangs

Russian exchange rates hardened
yesterday on reports that peace nego-
tiations between Russia and Germany
were about TO end without a decision
having been made. Rubles advanced
from 1890 10 1925 cents on light buy
ing.
The rest OF the market was quiet,
rates closing practically unchanged
from the preceding day.
Closing rates Yesterday. compared
with a week ago, are gwen in the table
below. American bankers have sus-
PENDED al dealings in German and
Austrian exchange, so that daily quo
tations for either marks or kronen are
no longer available.
4. 4
New-York tribune., 1917-12-22
Valuation Policy Pleases Underwriters

The policy adopted by the State In
surance Department this year of per-
mitting the insurance companies to
value their securities as of December
81, 1917. on a basis which is an average
of the quotations of November I, 1916,
February l, May !, August l and No
vember /, 1917, has caused much salts
faction among the old line underwrit-
ers. This plan was adopted in view of
the abnormal conditions OF the invest
ment market during the past year.
Although the Insurance Departments
Book of Security Values" will not be
made public for several weeks yet, il
was learned yesterday that the average
decline in railroad bonds is about 10
points below the level at the end Of
1916 The decline in municipals is
given as approximately points lower.
These figures in most cases are still
much below the current market quo
tatjons for such securities.
New-York tribune., 1917-12-22

Under the leadership Of United
States Steel common, which rose to
,4lb. a full fve-point advance from
The midweek low of 1917, the stock
market improved considerably yes
terday. Prices have recovered about
two points in the average from the
low levels touched during Wednes-
days severe break. The average
price Of twelve industrial stocks stood
1. the close at 75.42, compared with
a low of 1888 on Wednesday; the
average price of fifteen railway
stocks at $3.50. against a low OF
Sl.22. Action Of the industrials suG-
gested the existence Of a large short
interest, and this group of stocks
displaved far greater resiliency than
the rails. in which most Of the selling
in recent days probably has repre-
sented liquidation Of large invest
ment holdings. Some attention was
paid in financial quarters to the re-
ports Of impending German peace
oyertures. Unconfrmed rumors OF
the breaking off of the peace negotia-
tions between Russia and Germany
excited interest, but we're hardly
market factors Of Importance.
New-York tribune., 1917-12-22
Other Cities

tiles s5,OO0,OOO Mortgage.-SPRlNG-
FIELD, Mass. Dec. 21.-The Springfield
Street Railway Company filed in the
gage for S5,OO0,0OO in favor Of the Old
Colony Trust Company. of Boston, for
the purpose of refunding loans of that
amount in twenty-year gold bonds, due
December !, 1887.