davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

Foreign government issues moved
irregularly, with several issues
showing substantial declines. Do
minion of Canada IS of 1926 lost a
point, following unofficial announce
ment of a new S150,0O0,OOO internal
loan in Canada to yield 81 per cent.
japanese government issues lost
from p point to "a points. The
Anglo-French 5 per cent loan gained
a, closing the week at 923s, COM
pared with a low record of 9OI@,
made two weeks ago. 1t became
known during the week that the ltal-
ian government is attempting 70 sell
some of its new war loan bonds here.
Other foreign financing continues to
be held in allegiance, pending the
clearing Of the international situa-
ton. New loans by both England
and France are expected when con-
ditions change sufficiently to insure
success.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

United States Panama IS sold Off
2 points on a transaction Of $4,000,
and at lO1 we're quoted at the lowest
price in a year. This compares with
high Of 1O3A in 1916. Belief that
an early issue Of new government IS
is imminent explained the downward
movement in the Panama issue.
Whether war comes or not, such n
loan seems certain, and it is safe 20
predict that, whatever the size or
price, the loan will be a success. IL
il believed that the smallest amount
% be offered in the event Of war will
be S100,000,00O. Wall Street instl-
tutions showed their patriotism dur
ing the week by Offering the govern
rnent their services in receiving sub
scriptions- 10 such loan free Of
charge.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
BETHLEHEM STEEL. CORPORATION.
Notice Of Dividends on

The ten per cent dividend upon tho
common stock and tho first instalment Of
-. % Of the seven per cent dividend upon
'he preferred stock OF Bethlehem Steel
corporation. which we're declared on Janu-
ary q. 1917. will be payable on April ?.
1917 To the stock holders OF record at three
o'clock =. VI on March IS. 1917; the
second instalment Of the dividend upon the
preferred stock will Doe payable on July 2.
1911 20 tho preferred stockholders OF
record az three o'clock =. VI. on Juno To-
1917. the third tnstnlm"nt on October I,
1911 to the preferred stockholders OF
record at three o'clock 4 NJ on September
90. 1917. and the fourth instalment on
January ,. 1915 10 tho preferred stock
holders ~ record at three o'clock T. NJ. on
December 10. 1911
checks viii be mailed.
Dated March /, 1917.
b IL JONES. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
Italy Stimulating Agriculture

The following is translation Of a
message from Rome, Italy. communi.
Gated by the Milan prefecture:
"The Ministry Of Agriculture ha.
authorized the director Of circulating
agricultural bureaus 10 announce
competition with premiums for a more
extensive cultivation OF winter grain
The bonus ia i'm measure of 30 lire
per hectare $500 per acre.. OF this
30 lire is bonus for simple cultivation
and 20 lire an extra bonus for grow
ings demonstrating greater productive
ity as compared with former cultiva-
tons"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
ReAexes Of War

A Copenhagen correspondent writes
that the shortage Of coal in Norway
as well as in Denmark, is most serious.
In Norway all the railway traffic and
the working of factories have been
greatly curtailed. and authorities have
begun to close the elementary schools.
AS an example of the situation, 1T may
be mentioned that the commission
which is responsible for Drontheim
has been authorized TO purchase two
cargoes Of coal from America at the
price of about $65 per ton.
More and more women are being
brought into the English steel trade.
This labor is proving satisfactory, &C
cording TO advices from Sheffield. A
large number Of women are operating
electric cranes. A woman carter in
charge of a load of coal has been seen
or the streets of Sheffield. The ques-
ton of the labor supply there is pre-
senting increasing difficulties. which
are only being surmounted by a large
employment Of women.
The call for women to undertake
work on munitions is becoming in
creasingly urgent, and on the response
which is made to this call must depend
in large measure the ability of the
Ministry of Munitions to satisfy the
demands Of the army in view of the
coming advance. says "The London
Daily Telegraph" Nothing but the
employment OF women on processes
hitherto undertaken by men can meet
the situation. This is emphasized in
the conditions of the new contracts
now being issued. It is provided that
By March 81 next 80 per cent Of the
operatives employed in the execution
Of new and continuation contracts foi
shells Of all sizes from 2.75 inches 10
4.5 inches must be women.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
Pierce-Arrow Stock Sale

J. & W. Seligman g. Co. announce
that they have bought and resold slO,-
600. 900 s per cent cumulative CONVEX
tible preferred stock Of the Pierce
Arrow Motor Car Company. This stock
is issued, according to a statement by
the bankers. in accordance with the
terms of an agreement by which the
company must devote to the purchase
of that issue either in the market or
by call at 1876.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
INTERNATIONAL PAPER COMPANY
30 Broad Street
New York



The International Paper Company hereby notice that @
cren,red pan consolidation Of its bonded dcbt una" o
orfgnoe and offers bondhoders the right to exchange p
bonds for new Refundng Five Per Cent Sns run
Mortgage Bonds forth circular letter dated January d.
1917 addressed to the Companys bondholders
The Directors the COMPANY have also UNANIMOUSLY yoi
10 offer to Preferred Stockholders in iu settlement OF al "
ferred dividends
u per cent Of the face value OF their holdings OF Preferred
Stock in cash
a per cent Six Per Cent Cumulative Preferred STOCK
y per cent in Common Stock
oyded however that the holders OF such OF re
erred Stock as the Company and the Committee representing
Preferred Stockholders shall deem sufficient shall accept % o
bv deposng their stock with Bankers Trust Company Dep
tary 10 Wall Street. New York subject TO DEPOSIT g's,
hearing even date herewith Copies az this DEPOSIT Agreee
including circular letter Stockholders outlining m Gela'
nar Of adjustment and copies letter TO the Bondhode ma
be obtained upon application TO Bankers Trust COMPANY w
posary from the international Paper Company whose 80;
I he Glad to answer any inquiries give any further Information
that may be desired .
Comics OF letters and Deposit Agreement beng nea 70
Stockholders of Record and Bondhodes whose names d'
known to the Company.
D'''o January ~ PHILIP T DODGE, President
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

That funds for investment are in
good supply and rapidly accumulat-
ing was indicated during the week
by the success of the Offering of the
$25,0O0,O00 two-year . per cent
notes of the Southern Railway. The
road was forced to sell notes in
place of bonds because of the I'M
favorable condition of the bond mar
ket. Other temporary financing of
this character will be arranged in
the near future, the Erie being ex-
pected to sell between $12,OOO,OO0
and 100000 of short-term securi-
ties. The Erie, like the Southern
Railway, had perfected all details of
its long-term blanket mortgage, and
would have sold bonds to raise the
needed funds had it not been for de-
velopments beyond its control. The
New Haven is also understood to be
contemplating an issue of S5O,OO0,-
600 notes to meet early maturities.
An interesting development in the
short-term investment market was
the action of the Anaconda Copper
Company in paying off the S16,OOO,-
600 two-year notes out of earnings.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
Northern Pacific in January

January gross revenues of the
Northern Pacific Railway Company
amounted to s6,2s9.a74. nm increase Of
ss32,773 over the corresponding month
OF 1915. Net totnlled s2,227,3i4, nm in
crease Of Si97,272.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
DIVIDEND NOTICES
THE PIERCE-ARROW MOTOR CAR co.

TIE Board ~ Dire-ors has declared the regular
quarterly dividcud u Two pr crpt ESQ., on tho
preferred s'ock 81 the Company. payable April ?.
1911 10 stockholders ~ record the close u bust
cess March d. 1917
WALTER c wRYE. Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

The report of the Pierce-Arrow
Motor Car Company for the year ended
December 81 last, issued to-day, shows
net manufacturing profits of S4,O76,l66.
Charges for depreciation of properties
were S352.544. The balance sheet shows
cash on hand at the end of the year
amounting to 81 ,463,676.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

The extent to which dealings in
bonds have been restricted since
Germany began her new submarine
campaign is indicated by the small
turnover of such issues on the Stock
Exchange during February. Trad
ing in listed bonds during the month
totalled a par value of S78,177OOO,
compared with 1851 900 in jan
uary and SS5,861 900 in February,
1916. Last months total was the
smallest since the $67,270,000 re-
corded in July, 1916. While deal
ings on the exchange form only a
small proportion Of the total bust
ness in bonds, they nevertheless af-
ford a reliable index Of conditions
in the investment market. 1t is in
teresting to note that January's big
turnover on bonds occurred on a ris-
ing market, while the small total
last month was made on a falling
market.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
Monday, March ;, 1917.
WALL STREET OFFICE:
Mills Building, Is Broad ST.


Although conditions in the bond
market reflected some improvement
toward the end of the week, there
was nevertheless a preponderance OF
7 losses over gains at the close, indi-
eating again that the rank and file
of investors are still averse to buy
ing. This applies to gilt-edged bonds
as well as others not so choice. The
chief restraining influence is, of
course. the international situation.
Added to this is the expectation Of
an early announcement of the gov
crnment's financing programme, and
there is a disposition in investment
circles to wait on that before extend
ing commitments. Municipal bonds
were heavy during the greater por-
ton of the week, and this tendency
was attributed TO fears Of competi-
ton Of new government issues.
Under normal conditions the mod
crate relaxation of money rates
might have been expected to bring
O. response in investment values, but
something more than this is needed
at the present time to stimulate ac-
tivity. Bond dealers emphasize the
extreme dulness as the chief feature
of the market, rather than the price
trend, which is not considered an ac-
curate reflection of sentiment, owing
to the narrowness Of the trading.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

Money rates have shown com
paratiyely little change in recent
days, yet the undertone has reflected
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

Stock Acquisitions
Swell Chevrolet Surplus
Increase for Last Year Was
DC Per Cent on Stock

The Chevrolet Motor Company has
issued condensed statement of earn
ings for 1916 which shows an increase
in surplus amounting to 29,469'oso'
Net income from operations and div'-
dends received during the year was 81
o95O7l. and current additions to sur
plus from acquisition of stock IN other
companies and miscellaneous additions
totalled S22.374,5lT
The increase I'm surplus for the
twelve months ended December 81 last
was equal TO 1904 per cent on the com
panv's S64.OO4.S0O outstanding stock
Az the close Of the year the profit ana
loss surplus stood at $3l,l23,24I The
1916 balance sheet compares with the
previous year as follows:
ASSETS
1916 1918
Real estate, ... .,oo,, -oo
plants, etc....9 81 i,Ooo,zo9 9lo'oli'''V
M, ,scstments '" 100000 $4,000
Cash ... 3.9SI.7S4 4,192,96S
Drafts Outstand-
ing ..-....-..- ooo'2yo ,,oo.o
Notes receivable. l,64l,t9Z olo'Of'
Accounts with o,oooo
affiliated cos. 9I4,ooo l,Olo'oUJ55
Inventories ..... 0,o14,bZO o'@oo'@''
Investment stock
other cos ..... 65,643,3UO -
Deferred charges lol,i3o oo'oo-
Total assets. .$97274,7I4 s23,2s4,On
LIABILITIES
Capital stock s64,OO4,s 500 SIG, 1852 300
Mortgages pay o-ooo
able ........... oo'OVV
able ....i...,. 1,844.59l 1,2O2,S1S
Gu s toners de- ooo-
pO5its ........ ~ t,OcS l'o'-V9
Accrued item 10000
not due ...... 16i,A81 1903. 50S
Reserves ....... 313,498 34S, 528
Surplus ........ 31.123,275 1858, 686
Total liabil-
ItlcS ..-.... ~ ~ "a, IA 9-oi-o4iOfl
The item investment in stock other
companies" includes 100000 shares Of
common stock Of the General Motors
Corporation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
To Holders of Certificates for Shares of Preferred Stock OF m
international Paper Company:

the request OF the International Paper Company ana
holders OF substantial OF preferred STOCK VINO
assented the plan FOR the payment
efunding bonded debt of the Company and the aoas
the FOREGOING notice. and subject TO the terms OF the oe
agreement mentioned have consented 70 act as
represent the holders OF such preferred Stock ii Nv
execution OF the said plan. -
We recommend the proposed plan and the acceptance OF
offer made the Company adjust the said dividends and u
prompt cooperation of the stockholders will be received
Holders o. preferred stock urged Immediately depon
certificates duly endorsed for transfer IN blank or
panied C transfer with the Bankers Lu,
Company Depositary 10 Wall Street New York City a,
deposit will impose expense upon the stakeholder ana
further act on the part stockholders deposng VIII
proposed adjustment o. the deferred dividends and all the ~
Of the deposit agreement
Negotiable certificates OF deposit will be issued by the deP
ary and application will be made have such certificates s
upon the New York Stock Exchange g.
Unless the Committee and the Company shall hereafter
extend the time deposits will be received after MAKCh
10, 1917.
The Secretary OF Committee will be glad answer any
INQUIRIES give any further information desired by any s0'
holders regard to the foregoing
Dated January 81. 1917
FN B. CLOSE Chairman
GATES w. McGARRAh
c.,., SAMUEL McROBERTS
sTETsoN. JENNINGS RUSSELL. OGDEN MILLS ,ev
New YORK city RUDOLF PAGENSrEChhN
ooNn?aiFE slfPpgRp' T. " r. THAYER.
Broads street. ALBERT II WIGGIN
''SSSs 4 wsu T s.sT S S.s AZ. cit,
T'2 siSsr q S sftS:Ss9' i g, sRe'o''
81 broadway. New York
'9fS'I 4 SS%SS7s MAJ 9Ssk BOSTON
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05
Current Comment

The present situation has greater
possibilities Of trouble than the condi-
tons preceding the panic in 1907. Yet
in the 9Th Federal Reserve District
country banks are making no unusual
calls for currency, nor are they borrow
ing unduly for the purpose of strength
ening their reserves. The flow of re-
discountable paper into the Federal Re-
serve Bank Of Minneapolis gives no
evidence Of any unusual conditions, al
though il is larger than a year ago.
Money rates at the larger centres in
this district are firm at a minimum OF
AZ per cent and funds are freely avail
able to bank customers of good credit.
Trade and industry are prosperous and
business men give every indication Of
confidence in continued good business.
These are significant signs. They
confirm the accuracy Of the judgment
formed months ago by leading financial
experts that distress and panic due to
the breaking down Of public confidence
have been practically eliminated. The
condition of commercial and financial
quiet that exists is in itself very solid
proof that the reconstruction Of the
financial system has brought TO the
general public a conviction that in a
banking sense this country now has the
weapons with which it can fight of any
financial emergency that may come.
John n. Rich, Chairman Federal Re
serUe Board Of Minneapolis
II is undoubtedly true that the aver
age wage Garner is worse of this win
ter than last, but it is very doubtful
whether he is not still able TO main
tain better style Of living than under
the conditions prevailing just before
the war. This, in combination with
the fact that current food prices are
the direct result Of temporary causes,
gives A scientific basis against any ap-
proval a. this discomfort, but 1t IS
foolish 70 overlook the fact that the
wage Garner rarely compares his condi-
ton with any time except the imme-
date past, and that he rarely knows
or cares much about conditions prom
ising relief in the distant future. For
the present he is every day confronted
with spectacular newspaper articles re-
garding tremendous fortunes made
from inflated commodity prices. and
finds those same prices actually reduc-
ing his own standard Of living. This
Is the soil from which legislation. mere
ly blindly hostile to all forms Of wealth.
springs, and we feel Il Ia worth while
20 again repent our statement that n a
wave Of such legislation II 70 be fore
stalled, II can be done only by Intel
ligcnt leadership from those who have
studied the real causes Of the present
condition.-JomS N. Bro0kmirs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-05

The item investment in stock other
companies" includes 100000 shares of
common stock Of the General Motors
Corporation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-04

himself Friend OF the People" What
r, costs the People % have Mr.. hichaels
for their Friend on the insta!ment
plan mas already been indicated in a
previous article o. instalment clothing.
The Damon and Pythiss arrangement
is no more advantageous in the matter
Of furniture. Attracted by the display
Of pleasing pictures in The Sunday
American Mr.. Hearst, being something
Of a Friend Of the People himself, is
naturally a friend OF the Friend Of the
PeoDle-at advertising rates. we made
an smicable call upon Mr.. Miehaels,
with his pleasing pictures IN hand.
Nearly every item among the pleasing
pictures we were able 20 identify in
the selesrooms; but the prices were
not so pleasing as the pictures. Wheth-
er attached 70 chairs, rugs, bufets, or
parlor furniture, they appeared to
have suffered an abrupt attack OF ele-
phantiasis. They were swollen out OF
all resemblance to the figures presented
in Mr. Hesrst's paper.
Selecting one Of the most easily iden-
tilted Of the imaginary portraits OF fur
niture. a so-called solid oak table with
massive pedestal and shaped
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-04
GERMANS BEND
RUSSIAN LINE
But Cars Armored Motor
Cars Check Assaults
Near Riga

London. F.c l--rhe Germans deliv'
cred three s.r1rg luracsJ against the
Russ.s- ..-ss lear ne Na,nEsm higa-
road. vs.; - 1iga, restsrfay. Obtain
irz s--rsfs lnlv n he tl's1- The el
rrezs -.za. FAM. u he Russian frcni
vas he-- 1aci:. mt quick coEnter st.
tax -sarl-sa ..ie positions The two
Ger-ar laBnultS -hur allowed broke
S0z- .esl,s tiir ira % .1s Russian
bz--s-.ss v-5ndlU Icgnm3 .sclng any.
thing. Ps.rgr-aG IIrglress that the
success q tie Russian stAri was due
In large -sEsIrs 20 -ts-r srmorec
motor cars. wtich ore-a-st from the
first line trenches
Fighting on tne Wess from, was con
fined 70 aerial engagements and patrol
encounters. Two German seroplanes
we're brought down b. French land
guns or the Aisne. The Bels.ans bes:
OF several German attempts 20 rene
;rate their lines.
Snow and intense cold on the 10
manian front still preclude operations
In the Black Sea Russian vessels sank
eighteen enemy schooners in the course
Of the day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-04

the painful discrepancy between fact
as represented By the purchased bed
and fiction as represented by the piet-
ured bed. The salesman was ready for
him, and this dialogue ensued.
e. II didn't sell you the bed, anyway
81 paid you for H."
Dunno who paid for it. I sold d;
TO the other Teller"
"weil, is It the bed in the advertise
ment?"
+. ATS the bed you bought" was the
sullen reply. you got what you paid
for"
whether we did or not, we asked
for the bed advertised st se.9s. and
you told US we we're getting H."
$50 you did get it."
why don't you look up the ad. and
compare the cut with the kind Of bed
you sold u.s.
When was the adj
Monday paper. viii you look 1t
up"
He wouldn't lie had lost interest
we had ceased 70 be customers. We
we're only "beefers."
Another firm which deals extensive
ly by the picture method is J. Miehaels,
1872 Smith St., Brooklyn, who terms
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-04

rushes IN Ike a msddered bull 4.
hopes for lucky blow that will brI,,
him victory. Il is HIS only ehsne,.
sparring means defeat. II the hrst
goes 20 the limit he knows The refere.
must declare against him on point,
Germany is now taking that ehane,
and the Allies are confident they "a,
stay the limit.
The German declaration is pure ter.
rorism." Such is the opinion Ola goy.
eminent Official. expressed to-nirh,
The Official writes further:
The German declaration does 10.
represent any actual increased power
20 destroy our supplies or transports
Germany has done as much as hiss lais
within her power for weeks ana
months. What she can DO, and what
this declaration means. y greater ce.
s,r1ct:0n Of lives, greater danger for
crews b. means Of this threat she
1oDes % put on the last hair tha, viii
break the camel's back. 10 f7ghten
reutrals so much that they will refuse
70 carry supplies for Us.
This horror % the latest develop
rent. this climax. is sayAgery I,
BEARS the same relation 70 CIVILIZED
warfare ths. torture bears % justice.
Worse Than an Ultimatum
Il. is Ear worse than ar ultimatum
o 4 govern 1ent. for governments have
H. rich. and the duty 20 be eow.rdly
when faced By overwhelming strength.
Pm. this IL worse. because IL . direct
eroesl % individual cowartlce; hOv
direct. how horrible, only The seaman
knows. +. q, succeeds j. VII not N
because ships will run greater risk
than heretofore o. being sunk, but be.
cause TIE men on them vii rgn a
gres+er risk % sudden death.
The immediate rocks ahead are the
righ.ness ard wronguess o. ia.s or tia,
Bolicv. that is really what hlls our
minds. With thing. az By - this the
future end % the !ssus doe not mat.
rer. We have vars We ear hardly win
ard souls We can hardly save