davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

After it had had time to catch It's
breath and think the situation over,
Wall Street assumed, on the whole,
rather optimistic attitude. 1t was
freely admitted that declaration of
war on Germany might bring an
other bad break, but it was pretty
generally felt that the worst of the
trouble was past and that the danger
Of real panic was remote. Numer-
Gus reasons were advanced in sup
port of this belief. For instance, II
was stated on good authority that
there are now in the market orders
for over 10000 shares of Steel com
mon at prices in the neighborhood of
par. Also, brokers said that selling
orders were no. only in smaller vol
ume at the close, but that they were
finding a counterpart to some extent
in orders, both local and from the
interior, TO buy "at the market An
other favorable feature in the situa-
ton was the abundant supply Of
money and the continued ease of
rates. Call loans stiffened to 3 per
cent, but, while there was some call
ing OF loans, no difficulty was found
In replacing them.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Though there are many uncertain
ties in the situation. when observed
from the stock market viewpoint,
there is no uncertainty as to the ease
with which any government fnanc-
ing made necessary by our entering
the war would be accomplished.
United States government securities
would be absorbed as rapidly as the
presses could turn them out, and
they could be placed at a very low
yield. One banker who specializes
in such securities says that a 3 per
cent government loan would in all
probability command a premium.
And international bankers say that
if we should enter the war, one of
the greatest problems which the AL
lies have to face would be solved, for
we should then find way TO give
them all the credit which may be
needed to finance their purchases in
this country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Cuba as Market
for Electrical Goods

In electrical Goods i'm Cuba" just
issued by the Bureau Of Foreign and
Domestic Commerce. the first Of Sc
ries of REPORTS to be made by Philip 5.
Smith. special agent, on his investiga-
tions of markets for electrical supplies
in the countries of Latin America. the
writer states the results of his study
of the application of electricity TO sys-
TENS Of lighting; power plants. espe-
cially in the sugar mills; heating de-
vices and the numerous other uses TO
which electricity is put in the island.
He gives suggestions regarding the
possibilities of developing the business
in the future.
Cuba imports about S5OO.OO0 worth Of
electrical supplies a year. Of which 80
per cent comes from the United States.
There has never been any serious com
petition in any electrical line except
lamps. Before the war the Germans
actually sold more lamps in Cuba than
American manufacturers did. The field
for motors and other small devices,
such az portable tools. is limited pri-
marily to the sugar mills or to cities
where day circuit is available. As
the mines develop, however, the de-
nand for power. he says, will grow, and
his may eventually become on impor-
tant market for the larger motors.
There is a surprising number Of small
shops. any one of which is a prospec-
tive user of electric motors, and though
the individual shops are small. the ag-
pregate power used is considerable.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
AMERICAN MANUFACTURERS
DOUBLE EXPORTS IN 1916
Large Increase Also Shown in Other
Shipments

Washington, Feb. American manu-
features sent abroad last year were
double in value those of 1915. Manu-
features ready for consumption were
valued at S2,625. $50, POS. the Commerce
Department announced to-day, COM
pared with sl,3i5, lO5,552 in 1915. They
formed more than half the years in
crease in exports, which aggregate So
42I .269,l against $3,493,23C,532 in
1915.
Crude materials for use in manu-
featuring exported amounted to S7l9,-
760,S77. an increase of sl52,OOO.00O
over 1915; foodstutfs in crude condi-
ton and food animals were valued at
S421 .279.570, a decrease of S39,500,0O0;
foodstuffs partly or wholly msnufact-
ured totalled $6is, O59.S1S, an increase
of S97. 100000, and manufactures for
further use in manufacturing were
valued at 1912 ZOE, 629, an increase of
$436, 1900, 900.
Horses exported were valued at s62,-
52.S26, and mules at S28,009,O4s.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Money AMI Credit

The new element of danger injected
into the international situation by the
latest German move caused some banks
TO call loans yesterday. and the rate
on demand loans at the New York Stock
Exchange hardened The bulk of the
days loans were made at 2l1 per cent,
compared with 2 per cent on Wednes-
day. In the afternoon the rate shot up
TO per cent. and between SS.OOO,OOO
and slO.0G0,O00 was loaned on this
basis. This was the highest level the
call money rate had touched since the
furry in December.
In the market for time funds on
brokers' Stock Exchange collateral a
condition of deadlock existed. Neither
lenders nor borrowers were inclined TO
do much until the situation which has
arisen as result of Germany's step
has taken more definite shape. Indus
trial money was nominally quoted at
3 to 8ia per cent for all maturites.
Uuling rates on money yesterday,
compared with year ago, were as fol-
,oVs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Thursday, February I, 1911.

The stock market has been rudely
awakened from the lethargy OF the
last few weeks in way that 1T was
not anticipating. 1t had prepared
for peace, and probably would have
received with equanimity even the
actual opening of peace negotla-
tons. But instead it was plunged
rudely into something for which 1t
was wholly unprepared-the imml-
ncnt possibility that this country
would be drawn into the struggle.
Under the circumstances a crum-
bling of values such as occurred III
the first half hour Of trading was
inevitable. There was a rush TO
get out from under, and in conse-
ouence the market opened in wild
confusion. Selling orders poured in
from all sides and prices fuctuated
violently. At times sales were sew
eral points apart. The volume OF
trading in the first hour was great
err than in many full sessions re-
Gently. Steel began the day with
sales of $4,000 shares at from 100
down to par, and quickly fell TO 80,
a loss Of 10 points; Mercantile Ma
rine preferred dropped II points in
a few minutes; and other stocks fol-
lowed the same course. Even the
rails broke sharply, losing from 2
to 6 points in the first half-hour.
Thereafter supporting orders, aided
by short covering, checked the de-
cline and prices recovered somewhat.
For the most part they were rela-
lively steady throughout the balance
of the day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

The above rates express the cost
foreign money in terms of the Ameri.
can dollar. You buy an English pound
sterling for si.75a. the intrinsic par
ity is s4S6F. per pound. Thus, you
say either that pounds are at dis
count or that dollars are at pre-
MUM, which is owing 70 the fact that
in England the demand for dollar,
with which to settle accounts in this
country is greater than the demand in
this country for pounds with which TO
settle accounts IN England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
The Dollar in Foreign Exchange

The principal effect of Germany's
new naval policy as reflected in the
foreign exchange market yesterday was
a sharp drop H. the value of German
marks. Brokers quoted 81 cents for
four marks at the close, compared with
6sa, the day before. The rest of the
market was quiet and rates as rule
moved within narrow limits. Sterling
and francs were firm.
Closing rates yesterday, compared
with a week ago, were as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

The most remarkable feature Of
the market was that, while the open
ing slump in prices was greater than
any experienced since the war be
gan-indeed, many traders said 1t
was the worst opening ever seen
there was no panic at any time.
Wall Street was anxious, but there
was much less tension than was dis
played when the "peace break came
in December. Though many invest
ors who had held tight to their Sc
curities even through the December
panic took fright at the sudden
change in the international situa-
ton and dumped their holdings
forthwith, and professional selling
was also on a large scale, the tech
nical position of the market was
very strong, and once the first shock
was over great resistance was offered
to the heavy pressure to which 1t
was subjected. Viewed in the light
Of the latest development, the
peace panic" drastic as it was, can
be regarded as stroke of good luck.
Had this latest blow found the mar
ket so over-extended as it was early
in December, crisis of the most far
reaching proportions could scarcely
have been averted. Fortunately, the
peace scare had not only debated
prices, hut had greatly reduced the
volume of speculative commitments,
so that most of the weak spots were
eliminated in the liquidation which
took place then, and such specula-
tive positions as remained were for
the most part well margined. More
over, the calls for additional margin
met remarkable response. Conse-
quently, enforced liquidation played
relatively small part in the break.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
U. S. Treasury Finances

Washington, Feb. THE condition
Of the United States Treasury at the
close OF business tot day was: Net bal
anee in general fund. sos, ooa 500; total
ordinary receipts, $2.ooa- 2st; total or
binary payments, s,2426ss.
The deficit this fiscal year is st38.
1888. against deficit Of $5i,33i 1874
last year. exclusive Of Panama Canal
and public debt transactions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Other Cities

Boston Coppers. Boston, Feb. l.
General declines, ranging from to 10
points. marked the trading in copper
shares in the local market to-day.
While there was considerable activity,
trading was mostly in small lots. The
close was generally lower. Copper
Range, 59$i; Osceola, 801s; Old Do
minion 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
WEALTH MARKETS AND COMMERCE KM

England. as special correspondents Of
one or more American reserve banks
is indicated in an announcement made
to-day in the monthly bulletin issued
by the board.
"The exchange situation between the
United States and various foreign
countries has developed in such way
as TO make further action at an early
date desirable reads the statement
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Year ago
Yesterday.
Commercial Paper.-The commercis

Commercial Paper.-The commercial
paper market is marking time and is
slightly higher The volume Of paper
moving has been reduced TO a mini
mum, but few sales have taken place
at 3la per cent 10 institutions which
in the last few days have been buying
at 80 per cent.
Official rates Of discount at each Of
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

would expand instead Of contracting.
Even at the worst, Submarine losses
would hardly be sufficient to offset
the additions to shipping facilities
possible under those conditions.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
New York

February Statement of Federal Re
serve Bank of New York. Manufac;-
urers and distributors of goods report
a satisfactory volume of business for
this season of the year, and, as a rule,
they foresee from orders booked ahead
a continuance Of active trade for sew
eral months. There is evident, how
ever. a growing disposition to exercise
greater caution in taking commitments
for later in the year.
Present indications are that buying
except for actual contracts and known
requirements, will be on a conserva-
tive scale until the outlook for fal,
trade, both domestic and foreign, Is
clearer and the trend of prices less
uncertain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
DIVIDEND NOTICES
THE DOME MINES CORP NJ, Lirrs'
INrCTTUI OFTIgIs

$50 R Exchange Pic. New l'.s,-
JANUARY --1d ifI
-rr. Board Of Directors have thf ~,
dsrIared a Dividend of Five per 49,,
tFiftv Cents per sharr'. pagaoI, =, ~
l., 1917. 20 shareholder ~ record .e.'l.,r,
Los. OF business ca SATURDAY
18Th. 1917.
J. r. De LAMAR.
President and Tsct'l'f
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Gold ashington. Feb
1.-Exports of gold by customs dis
tricts ended with the week of January
10 totalled S2,389, 900, while the imports
Of gold amounted to s5,34S.ooo. &C
cording TO a bulletin issued by the
Federal Reserve Board to-day.
For the five weeks the exports were
as follows: December %, s3,463, 900;
December 90. s2,472,000; January >,
s5.947,0OO: January II, Srobo'oVV'
January l9, s2,3ss,OOo.
The imports were: December ~
s27.sO7. 900; December 90, s52.SsS,ooO;
January 8. sl,216,OOO; January II, s5o'-
$4,000; January 10, s5,S4s,oOo.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by<the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Corporation Returns

American Steel Foundries. Report for ths
year ended December 81. 1916, shows net
profits of S3.96s.570. equal to 23.2l per cent
on $17.1Si.000 capital stock. against .ooi
per cent on the same amount OF stock IN the
preceding year. The report compares as fol-
lnMa.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
JEFFERSON A CIEhRFifID '"N
a uEnN GnMpANN

dividend os Two and ou'-hslf p r..
ner share has been declared OBJ PC ~.
fer~ed stock - this company. pay ae'. ~,
r,iary 18th. 1919. 20 stockholders OF W..
February 9th. 1919 ...-.-
GEORGE h. CLUNE. Ir----s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Bank Of Englsnd-The Bank of Eng
lard reported an increase for the week
in gold coin and bullion holdings OF
e41, 672. Proportion of reserve to La
bilities is now 1853 per cent, against
1910 per cent last week, 1890 January
l8 and 1910 per cent on January H.
Other changes reported for the present
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Days
Over Over over
10 or 10 up 80 up 90 up
less TO 20 10 60 to 80
Federal Reserve Board TO Appoint
More Foreign Correspondents.- Wash

ington. Feb. !. Extension at an carly
date Of the Federal Reserve Boards
policy Of authorizing appointment Of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Bank of France-The Bank Of France,
in its weekly statement, reports the
following changes for the week, IN
francs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Sub-Treasury.-New York banks lost
20 Sub-Trcasury $4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
News Digest
Foreign
London Market Disregards Subms

London Market Disregards Subms-
rine Threat. London, Feb. THE
stock market was quietly cheerful to-
day. The latest submarine threat had
no effect and consols and the war loan
hardened fraction. Several ScanGI-
navan and Brazilian securities changed
hands at higher prices. but Russian IS
sues were easy. American securities
were more active, with United States
Steel and the low-priced shares re
ceiving the most attention. The clos
ing was steady Money was in fair
supply despite yesterdays large pay
ments in full for the war loan. Dis
counts were quiet. with most OF the
demand for Russian Treasury bills.
Money was quoted at 81 per cent.
Discount rates Short and three
months bills. 90 5ls per cent. Gold
premium at Lisbon. So
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Daily Imports and Exports

Daily imports and experts o. se,y,f
merchandise a. the Port OF Ne" "
we're: ,.,i.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
British Loan Allotments. I

Britlsh Loan AllOtments. bAdCI ~
lotments of the $25O,OOO,0OO United
Kingdom of Great Britain and Ireland
one and two year collateral loan we're
announced by J. p. Morgan & Co. yes
terday as follows: Applications for
81 900 to 100000, in FULL for $lOl, 600
to $25O,O00, so per cent of amount ap-
piled for. with a minimum allotment
of 100000; for s25l 900 and upward,
80 per cent, with a minimum Of $780,
600
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

SiIver.-Bars in London, 37is pence;
New York, 769, cents; Mexican dollars,
59A cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
Paris Bours

Paris Bourse. Paris, Feb. Trad
ing was active on the Bourse to-day.
Three per cent rentes, 81 francs 20
centimes for cash. Exchange on Lon
don. 81 francs S1la confines. Five per
cent loan, 81 francs 90 centimes, eX.
coupon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02
American Radiator. Chicago. Feb. /

American Radiator. chicago, FeD. l.
The American Radiator Company to-
day declared 80 per cent dividend on
its common stock. The announcement
was made by the president Of the com
pany. G. VI. Woollcy, who said the diyi-
dend would be payable March 10 and
would apply TO the present S8,ls5,6OV
common stock outstanding.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Bank Clearings The days clearings
NJ Nev York and other cities:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Southern Pipe Line Report for the year
ended December 81. 1916, shows net profits
Of s2.354 81. equal to 1884 per cert on
$4,000 900 capital stock, compared Win
49, SO per cent in 1915.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

Central Coal and Coke Report for the
year ended December 81. 1916. shows surplus
earnings equivalent TO 6.68 per cent on the
$500 900 capital stock.
1916 1915.
Net earnings ..,........ SoI3,Eo9 soEo'oof
Oper. exp, int, etc.. 33e.04o 3os e2e
surplus ................. 334.224 2t375S
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-02

1915 1918.
December gross ..... s3.723.589 S2.ss6.eS6
Net after taxes zee, 4S2 400. 1913
American Light 4 Traction.--Report for
the year ended December 81. 1916. compares
aa followss
Graham guardian., 1917-08-03
ABSTRACT OF THE CENSUS OF
MANUFACTURES

WASHINGTON, D. c., July 13. :
The Abstract of the Census of
Manufactures has just been is
sued by the Bureau of the Cen
sus. This inquiry, which related
to the calendar year 1914, was
made in 1915, and the primary or
fundamental data derived from
it, together with some details
as to kinds and quantities of the
various classes of products, were
issued some time ago in the form
of several series of press sum-
maries which were published, in
whole or in part, in many news
papers and periodicals.
The Abstract presents, in con-
venient form. with an alphabet
cal index, all the information
that will be needed by the great
majority of persons who have
use for the manufactures Stats
tics. 1t gives, for $40 separate
manufacturing industries, statis-
tics relating to number, size and
character of ownership of estab-
lishments, and states in which
located; proprietors, officials, sal
aried employees, and wage earn
ers, classified according to sex,
and, in the case of wage earners,
according to whether 16 years of
age or over, or under that age;
salaries and wages paid; power
used; fuel consumed, cost of ma
terials; value of products; guam
titles of principal products, and
various other items. Statistics
somewhat similar in scope but in
less detail are given, with refer
ence to all industries combined,
for each state and geographic
division and for each of the lead
ing 130 cities.
The Abstract, which is issued
in the form of a 722-page volume,
90 by 6i inches in size, bound in
cloth, is not for free distribution,
but may be obtained by purchase
from the Superintendent of Doc
uments, Government Printing
Office, at IS cents per copy.
Graham guardian., 1917-08-03
SUPERSTITION KNOCKED OUT

The old superstition that it is
unlucky to start railroad jorr-
ney on a Friday can be tucked
away with the moth balls. Meth
er should the numeral "13" have
any terrors for the traveller.
w. E. Johnston, excursion
agent on the Washington-Sunset
Route, has made 938 trips be-
tween San Francisco and Wash
ington, covering a period of II
years and 8 months. He left on
Friday 496 times. Moreover, he
made one round trip every 13
days, and 13 round trips every
six months. The total mileage
covered during the above period
was 3, 404. 102 miles. On an aver
age of 20 passengers on each
trip, Johnston accompanied 49,
760 passengers across the Con-
tinent. And he is still going.
Graham guardian., 1917-08-03
WHAT IS GOOD GASOLINE?

In an article, dealing with the
Bureau of Mines tentative gaso-
line specifications, Oildom for
March, 1917, says: I'm these
specifications gravity is omitted
entirely as a basis for test, vola-
tility being the basic property
for determining the grade and
usefulness of gasoline. /"
Volatility is just another
term for boiling points, said
Mr.. J. E. Balsley, district sales
manager Standard Oil Company,
in discussing these proposed
specifications.
Motor fuel efficiency depends
on the boiling points or volatility
of the gasoline, just as tn e
Bureau of Mines indicated. These
boiling points must be in a con-
tinuous chain, an unbroken,
gradually rising series low boil
ing points for easy starting, me-
dium boiling points for quick and
smooth acceleration, high boiling
points for power and mileage.
Needless to say, gasoline hav-
ing this correct series of boiling
points cannot be made by mixing
or blending. There are too many
intermediate points to be provid-
ed to make the unbroken chain.
On the other hand, in straight
refinery gasoline, the continuous
chain of boiling points is devel-
oped naturally during distilla-
tiOn -
Graham guardian., 1917-08-03

''This flag which we honor and
under which we serve is an en-
blem of our unity, our power,
our thought and purpose as ma
ton. 1t has no other character
than that which we give it from
generation to generation. The
choices are ours. 1t floats in ma
jestic silence above the hosts
that execute those choices wheth-
er in peace or in war. Wood
row Wilson, President of the
United States.
Graham guardian., 1917-08-03
WHY NOT ARREST THEM {?

Perhaps, one of the best rea-
sons for the growth of the |. w.
w. movement, is that instead of
arresting the leaders, who are al
legged to be directing what is
practically a rebellion against our
government, officers of the law
plan only to drive them out Of
their jurisdiction and by force of
arms keep them out, another
kind Of rebellion.
The best way would be to ar
rest the I.W.W. leaders and their
sympathizers when they commit
a reasonable act and put it up to
Uncle Sans courts to try them.
Graham guardian., 1917-08-03
TUE CHAIRMAN FOR FINE sCoK pDTNTINr
IIlL UUHNDlhN End JOB NlN IlNU
EASY

Some one advanced the opinion
that the letter "e" is the most
unfortunate character in the En-
glish alphabet, because it is al
ways out of cash, forever in
debt, never out of danger and in
hell all the time. For some rea-
son he overlooked the fortunates
of the letter, so we will call his
attention to the fact that 'e" is
never in war and always in
peace. 1t is the beginning of
existence, the commencement of
ease and the end of trouble.
Without it there would be no
meat, no life, and no Heaven. 1t
is the center of honesty, makes
love perfect, and without it there
Graham guardian., 1917-08-03
Summer Complaint

During the hot weather of the sum
mer months some member of almost
every family is likely to be troubled
with an unnatural looseness of the
bowels. and it is of the greatest import
ance that this be treated promptly,
which can only be done when the medi-
cine is kept at hand. Mrs. +. F. Scott,
Scottsville, N. Y, states. Il first used
Chamberlain Collie and Diarrhoea
Remedy as much as five years ago. At
that time had severe attack of sum
mer complaint and was suffering in
tense pain. One dose relieved me.
Other members of nv family have since
used it with like results" adv-25-5t