davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1917-12-22

tirely unexpected statement OF Secre-
tary of State Lansing that we were
then on the verge Of war Coming
on top OF the wild markets that had
followed Germany's peace proposals
the stock market went TO pieces com
pletely. Steel common fell to lOON
and closed 7 points of. Central Leather
broke 10 points. Bethlehem steel H.
Cuban American Sugar 80, while other
standard shares lost 3 TO , points ana
more. Time has proved that the mar
ket's Interpretation then Of what war
would mean TO security prices gener-
ally was not far from wrong.
New-York tribune., 1917-12-22
Central Argentine Railway

Stockholders of the Central Argen-
tine Railway, Limited, at the annual
meeting held in London recently ap-
proved n resolution for increasing the
capital Of the company by 100000 70
make up a total Of 100000 available
for issue in case holders in the New
York market exercise their option OF
converting the sl5,00O,OOO ten-year o
per cent convertible gold notes IN ,ri rhe
ordinary shares Of the company: ~.
convertibles were sold here early last
wear to retire 100000 sterling notes
outstanding in London by syndicate
headed by j. T. Morgan Co. Inc
issue is convertible, beginning January
81 next. into Central Argentine kall-
way. Limited, consolidated ordinary
shares at par.
New-York tribune., 1917-12-22
Dividend Changes

hacAndrews & Forbes.-Directors
have declared an extra dividend Of 4
per cent on the common stock; also the
regular quarterly dividends of IL per
cent on the preferred and 2ia per cent
on the common stocks, all payable
January Is TO stockholders of record
December 81.
New-York tribune., 1917-12-22
New York
Consolidated Exchange Celebrates

Consolidated Exchange Celebrates
Members OF the Consolidated STOCK
Exchange staged a lively Christmas
entertainment yesterday afternoon, the
hoard room being thrown open 20 the
publc. Funds were raised 20 bug to-
bacco for American soldiers and sail
New-York tribune., 1917-12-22
News Digest
Foreign

Paris Bourse-PARIS, Dec. 2l.-Trad-
ing on the Bourse was dull to-day.
Three per cent rentes were quoted NJ
"a francs 80 centimes and exchange Oh
Iondon at q francs 81 centimes. The
five per cent loan was quoted al So
francs IS centimes.
New-York tribune., 1917-12-22
German Bonds Hard To Value

An interesting feature of 1917 annual
reports of the leading insurance COM
panies, according 70 officials, will be
that they will show large amount of
foreign government bonds still held
Among these are German and Austrian
securities. II is stated that il viii be
practically impossible to place a valu-
alton on them at the end of the year
owing to the difficulty in obtaining re
liable information from abroad as 70
the trend of the quotations during 1911
New-York tribune., 1917-12-22
Looking Backward

A year ago yesterday transactions in
stocks at the exchange aggregated g.
O9s, 400 shares. The market was over
whelmed by food Of selling orders
set in motion by the famous and en-
New-York tribune., 1917-12-22
Current

The above rates express the cost OF
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling at, say, S4.75H. The intrinsic
parity is s4.S65s per pound. Thus, you
saw either that pounds are at discount
or that dollars arc at premium, which
is owing to the fact that in England
tho demand for dollars with which to
settle accounts in this country is
greater than the demand in this coun-
,rv for pounds with which to settle
accounts in England.
New-York tribune., 1917-12-22
Elections

Directors Of the American Water
Works and Electric Company yesterday
elected j. II. Purdy and Harry f.. Towle
vice presidents of the company. Stuart
II. Patterson resigned as vice-presi-
dent.
New-York tribune., 1917-12-22
ANDREW :. MCCORMACK, Auctlon.tr.
REGULAR AUCTION SALE,
STOCKS AND BONDS,
ADRIAN II. MULLER A son,
OFFICE. no. 50 WILLIAM ST,
WEDNESDAY, DEC. 20. 1917,
AZ 1890 o clock. az the
rXCHANGE SALESROOM "

AZ 1880 O'Clock az the
EXCHANGE SALESROOM,
NOS. Il AND Is NESEf STREET
FOR Account OF Whom II May Concern
III shs. C,inchAeld Coal corpn. CON-
mon.
$4,000 Northern States Power CO. So
Notes. 1928.
$i,100 Kentucky Utilities co. Is, Mtg. 81
$1,000 kansas city Rys. CO. "a Mts. 81
$1,000 car,iss Aeroplane & Motor Corp.
Sc Notes. 1922.
IL shs Kansas CITY Rys. Co eommo,
81 shs. Kansas city Light s. Power Co
prefd.
5000 Chicago Elevated Rys. CO. ss. EI-
tended Notes. 1919.
100 shs. Psthe Freres Phonograph Ca
common.
20 shs Pathe Freres Phonogrsph Co
prefd.
$4,000 Chicago Elevated Ry. CO. ss
Notes. 1915. unextended.
3,255 chs. Standard Plate Ice Co. prefo.
ss5 shs Standard Plate Ice co. eoia'
mon.
2g3 shs. Buffalo. Loclsport & Roehe''s
Ry. prefd.
AS shs. Buffalo. Lockport & Roehss;t'
Ry. common.
500 shs Eastern Nausoleum co.
200 shs Eastern Msusoleum co.
500 shs Eastern Mausoieum co.
- shs. Just Process Co., syracuse, N.L
1874 shs Scranton Anthracite Coal co
2,Z7S shs Holmes Mining Deyelopmsh'
Corpn.
New-York tribune., 1917-12-22
Money and Credit

Money on call at the Stock Exchange
ruled yesterday at per cent, un-
changed from Thursday. The turn
over Of funds was fairly large with
a substantial volume of renewals.
Bankers continued yesterday to re-
strict their offerings Of fixed date
funds and rates were firmly main
tainod at 81 to per cent.
Ruling rates for money yesterday,
compared with ysar ago, we're as fol-
lows:
Yesterday. Year ago.
New-York tribune., 1917-12-22

with railroad securities begin
ming TO sell at receivership prices, 1t
behooves US to isolate the severa.
forms of calamity that can happen
70 the carriers and to study them al
close range, intensiyely,' says the
writer of an interesting market let
ter-and he then proceeds to do So
II is very simple, for, he says, there
are only two major forms in which
calamitvcan come-namely, outright
Government ownership" and "con-
scription for the period of the war.
The first he dismisses lightly, be-
cause it probably won't happen, and
anyway, under any method Of vaiu-
alton the railroads would appear TO
be worth much more than they are
selling for in the market" The sec
ond is complicated and requires more
extended discussion.
To achieve what is called the uni
Hcation Of the railroad system fur
ther steps Will be taken presently.
Whether they will lead TO direct
government operation of the rail-
roads is a question that, apparently,
will be determined by the rate At
which unifcation proceeds, mean
while. under the supervision OF the
railroad heads. But, in any case,
10 meet the strain Of the war load,
the capacity Of the existing trans
portation machine must be IN
creased Immediately, without the
addition Of engines, cars or rails.
More transportation must be pro-
duced with the existing equipment,
because the transportation is urgent
Iy required at once and there is not
time 20 expand the machine.
This can be achieved only by ef-
feeting economies of operation on
vast scale. Competitive trains
must be eliminated. Luxurious pas
senger service must be curtailed.
Duplication OF all manner Of ser
vice must be stopped. The load line
of the freight train must be raised.
Freight must be routed as IL all
roads were but one system. Il is
likely that We shall see zone way
lines" as we have zone way streets"
in New York. After that, Of course,
earnings would have to be pooled.
One suggestion is for the govern
ment 70 turn over 20 all the rail
roads conscripted one sum Of money
equal 70 their aggregate dividends
in "a normal year. How it shall be
done is, for the present, less i'm
portant than why il shall be done.
For many years the railroads have
known that competition among them
WAS ruinous and extremely waste
ful, but the government insisted
upon 1t, or, rather, the public did.
and all forms Of pooling were pro.
hibited. Now comes the strain, and
the logic Of the situation is ac-
ccpted. The railroads case is proved.
u does not matter whether the
demonstration is made az the hands
New-York tribune., 1917-12-22

&c: Mexicon dollars, GSi4c, an ad-
vance Of izc.
Bank Clearings Total bank clear
inrs this week at the principal cities
in the country, according TO r. 6. Dun
& Co.. amounted 20 {5,7l4,6S7,012, a
decrease of 90 per cent compared with
q year ago. Clcarings in New York
city decreased III per cent, compared
with the corresponding period Of 1916.
New-York tribune., 1917-12-22

Battery Park National Bank.-A
dividend of 3 per cent has been de-
clared; also an extra dividend of 3
per cent, payable January 2 TO stock
holders of record December 90.
New-York tribune., 1917-12-22

Below is given the current exchange
value Of foreign money in dollars ana
cents, together with the intrinsic goid
parity, as calculated by the United
States Mint:
New-York tribune., 1917-12-22
Corporation Returns

Mexican Telegrsph.-Report for the quar-
ter ending December 81. 1917 (partly esti-
mated compares as follows:
New-York tribune., 1917-12-22
Campaign On to
Aid in Financing
Tax Collections
Bankers Urge Purchase OF
Treasury Certificates OF
Indebtedness

The Liberty Loan Committee for TINS
district began yesterday campaign
intended TO obtain for United States
Treasury certificates Of indebtedness,
issued in anticipation Of tax coliec-
tions. a wider distribution among busi-
ness concerns and individuals. Up 70
the present banks and trust companies
Aayc been the principal purchasers OF
these securities. Only few large IN
dustrial corporations have bought them
in large amounts. Among these is the
United States Steel Corporation, which,
according TO a statement issued yester-
day by +. II. Gary, chairman of the
finance committee, has subscribed TO
$3.50, 100000 of the certificates.
"The corporation thoroughly believes
in these government certificates said
Mr.. Gary. big taxpayers will be do
ing their country and the business
community a great service in respond
ing generously to the Secretary's latest
offering. 1t is highly necessary that
the payment Of the huge war taxes be
distributed over a sufficient period OF
time if we are to avoid strain and con-
fusion at q time when it is most neces-
sary that our economic and financial
machinery should be working smoothly.
"As 10 the securities themselves.
need hardly do more than point 10 the
example of the Steel Corporations in
vestment IN them as proof of my recon-
mendation. They have the security Of
the United States behind them, they
bear per cent interest, and they allow
the investor certain tax exemption
privileges. He may, therefore. through
his investment do both himself and his
country a favor"
New-York tribune., 1917-12-22

Commercial Paper-Rates for the
best commercial paper were unchanged
yesterday at 5E 20 57l per cent.
Official rates Of discount for each Of
the twelve Federal districts are as fol-
lows:
New-York tribune., 1917-12-22
COUPONS

>FABOtRD AIE LINE RtILWAt:
Five Per Cent. Adjustment Mortgage "'N
Bonds -.
TIE semi-a1nuai irstlmenfs ~ Interest ol -.
board Air Line Railway AdjUs neat Bonds an1,S S-.
ing to 2nrc fs.500) represented by Cogpos -
81 and 81. FOR yi250 each. will % pail g. ~.
a.ter February ]. 1918. Al The or'ce x M@'n -
Z Co, No. a Broad Street. Nfs YORK -
seaboard Air line Railway 10.
By ID e. PORrEOIS. seSrs'V
New York. December 2l. 1911.
New-York tribune., 1917-12-22

National Bank of Cuba.-In addition
to declaring the regular semi-annual
dividend of per cent, an extra dis
bursement OF / per cent has been or
dered, payable January ? to stockhold-
ers of record December %.
New-York tribune., 1917-12-22

Perhaps the most striking develop
meut in the days security markets
was the further aggressive display
Of strength in the foreign govern
ment bonds. The Anglo-French .
per cent loan Of 1915, which jumped
from s2as to S41a on Thursday,
mounted yesterday to 81, in response
70 heavy buying. At that figure
these bonds were selling more than .
points up from the low Of 817s, made
on Tuesday Of this week. City OF
Paris 6s rose from 74% to 7712, the
CIV of Bordeaux 6s advanced .
points, while other foreign issues re-
fected substantial improvement. The
feeling toward the whole foreign
bond list seems to have undergone
marked change for the better since
i became known definitely that the
first of the United Kingdom note
loans TO mature, the 100000 900 512
nor cent issue coming due on Febru-
orv l. will be paid. There has never
been any doubt at all about the
ability and intent Of the foreign gov
ernments to meet these obligations
when they come due here, yet dis
ouieting rumors have helped TO un-
settle sentiment and induce liquida-
ton. 1t may be that one Of the Tea-
sons for the rapid improvement IN
these foreign issues has been fur
nished by fresh talk Of peace.
New-York tribune., 1917-12-22

ueTeu, pdydDlc JdHuary = 10 SIOchAOIu-
ers OF record December %.
Carbon Steel.--This company de-
clared a dividend of per cent on the
first preferred stock, payable per cent
in March and per cent in September;
also per cent on the second pre-
ferred stock, payable in July, 1918.
The regular quarterly dividend Of :
per cent and . per cent extra was de-
clared on the common stock, payable
December % to stockholders OF record
December II.
Ohio Iron and Steel.-1he directors,
il was announced yesterday, have de-
clared a 20 per cent dividend to be
paid in preferred securities held by
the company of the Youngstown Sheet
and Tube, Trumbull Steel and Good
year Rubber companies. Including
this payment, the company disbursed
40 per cent in dividends in the cur
rent year.
Hanover National Bank.-An extra
dividend Of per cent has been de-
clared, in addition to the usual quar-
terly dividend of 8 per cent, payable
January to stockholders of record
December %.
American Screw.-Directors have
declared an extra dividend of So a
share, a supplementary dividend OF
per cent for the year 1917 and the
regular quarterly dividend Of s1.75 a
share. sll payable December 81 70
stockholders Of record December "a.
Citizens National Bank.-This in
stitution declared the usual quarterly
dividend Of 2la per cent, together with
a special extra dividend of 2 per cent.
both payable January TO stockhold-
erS of record December %.
New-York tribune., 1917-12-22
A Help to Money Market

Alvin W. Krech, president OF the
Equitable Trust Company, urged the
purchase Of the Treasury certificates
of indebtedness on patriotic as we'll
as business" grounds.
"Since the outbreak Of the conflict
between the United States and Ger
many" he said, American bankers and
business men have readjusted and
modified their financial procedure so as
to accord with the war needs Of the
nation. To maintain the stability Of
American industries and keep the eco
nomic structure at its best they have
made use Of several eXpedients, one Of
these being the Uni ed States certiti-
cate of Indebtedness, issued in advance
of Liberty Loan campaigns with the
idea of easing the pressure upon the
money market at the time of payment
Of such bonds. Now the Treasury De-
partment is offering certificates of in
debtedness in anticipation OF the Fed
eral tax collections on June 10, 1918.
the purpose once more being to prevent
any strain upon the national resources
on that date.
"The individual or company that buys
such u certificate at this time not only
will help 20 prevent money stringency
next June but also will have advanced
70 the government part Of the sum
owed for taxes, receiving interest at 4
per cent up to the time that the taxes
will be due"
New-York tribune., 1917-12-22
Second Liberty Loan Payments

The Federal Reserve Bank announced
yesterday that payments on the second
Liberty Loan from the New York dis
trict, due December 10, amounted az the
close of business Thursday TO sl29, 1885,
969, of which s109,S32,924 represented
payments By advice of credit" and
s19,333,044 by cash. Payments for
bonds in full totalled s69,674,60O, while
S59, ,262. .lSS represented the amount paid
in on the 40 per cent instalment. Ac-
crued interest amounted TO S229, ,lsi.
These payments leave a balance Of
500, ,46l ,402 on subscriptions to be re
ceived by January 10, 1918, the date the
last instalment OF 40 per cent is due.
New-York tribune., 1917-12-22

Sub Treasury. - New York banks
lost 20 the Sub-Treasury, $i,4S4,O0O.
New-York tribune., 1917-12-22
DAYS

Bank Clcarings.-The days clearings
at New York and other cities:
New-York tribune., 1917-12-22

Silver-Bars in London. 4Skd, an
increase Of I'D; New York, s6%c, up
New-York tribune., 1917-12-22

Call money. % 4 I.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
SOCIAL AND RELIGIOUS
CLUB Is PROJECTED
(. Andrews Brotherhood Discusses
Plans to Take Care of Sol
dferB and Sailors.

Members Of the st. Andrews Broth
erhood OF Richmond met last night at
Grace Episcopal Church and formu-
lated plans for the organization of a
social and religious club for the SOL
diers and sailors that have occasion
to visit this city from the various
training camps near Richmond 1t Is
the purpose OF the organization to look
after soldiers and sailors passing
through the city en- route to training
camps also.
All the organization has not been
perfected. but a committee was ap-
pointed to formulate plans for the final
arrangements Of the club. Rev. w r.
Bowie, d. D.. Rev. G.. Freeland Peter,
Henry Lee Valentine. Rev. James w
Morris, d. D.. r. c. Beverly, r. H.
Meade. Rev. E. E. Osgood, Mr.. Arm
strong and Mr.. Anderson were appoint
ed on this committee. Mr. Valentine
Is chairman. and meeting has been
called for this afternoon at parish
house Of st. Paurs Church at $50
o'clock. Mr. Valentine also is chair
man of the Red Cross hospitality COM
mittee. and these two committees will
work together in the project.
Several varieties of entertainment
have been suggested for the proposed
club. but no definite plans have been
formulated yet. The club will be
equipped with cots. thus affording the
sailors and soldiers an opportunity Of
spending their off days and nights in
n place with Christian SURROUNDINGS
The organization will not be limited to
any denomination. but members of all
denominations will be treated alike.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
Why SOCIETY WOMEN WASH
THEIR OWN HAIR

They do. not because 1t is a fad,
but because they wish to obtain the
greatest possible hair beauty and be
sure they are not using anything
harmful. They have found that in
washing the hair 1t is never wise to
use makeshift. but is always ad-
visable to use a preparation made
for shampooing only. Many of our
friends say they get the best re-
suits from a simple homemade can
throS mixture. You can use this at
cost OF about three cents a sham
poo by getting some canthrox from
your druggist, and dissolving tea
spoonful in a cup of hot water.
This makes enough shampoo liquid
to apply to all the hair instead of
just the top of the head. as with
most preparations. Dandruff, ex-
cess oil and dirt are dissolved and
entirely disappear in the rinsing
water. Your hair will be so fluffy
that 1t will look much heavier than
it is. Its lustre and softness will
also delight you.-Adv.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
GIVE FOUR SONS TO SERVICE
Mrs. T.. e. Harvey, of LynchburS, Has
Four Boys I'm Armed Force
of Nation.


LYNCHBURG. VA, September "a
Mrs. =. C. Harvey. who resides at
7oi Church Street. Lynchburg. has
given four sons to the armed forces for
the war for liberty, two OF whom had
previous service. The four sons and
their assignments are:
Lawrence w. Harvey. who enlisted
In the United States Army August 8,
1911, and WAS with Troop a, Seventh
Cavalry. at Fort William Mckinley,
kizal. Philippine Islands. He served
three years and was recently drafted
for the National Army at Miami Ariz.,
where he was located when he regis
tered.
a. Pitzer Harvey, who previously
served on the United States ship Louis
lana at the time of the taking of Vera
Cruz. but who was later honorably dis
charged from the navy. came under the
naval reserve, and he is now a quar-
'ermaster sergeant in the Eighth Aero
Squadron. Selfridge Aviation Field, Mt.
Clemens, Mich.
Henry T. Harvey enlisted in the navy
June 1. 1917. and Is now on the United
States ship Princess Irene.
William Q. Harvey enlisted in the
navy September Is, 1917, and Is now in
training at Norfolk
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25

for appendicitis at the Petersburg
Hospital on Saturday. and is reported
as doing we'll.
An officers club is to DC organized
Mt Camp Lee and q fine clubhouse Is
to be erected for their headquarters.
A large :heatcr. capable of seating
1000 or moro persons. Is TO be erected
at Lakemont Park. near Camp Lee
A porcupine, weighing Twenty-Five
pounds. was Knocked off the track by
ear on the Ferndale line last even
Ing. B. w. Moody. who was on this
car. went TO his home near by anc.
with his dogs. returned to the spot.
The animal put up n hard fight. in,nr-
Ing all the dogs and MIR. Moody him.
.elf. TIE porcup;ne Is believed to be
one OF the two recently escaped from
a carnival show here.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
RECONCILIATION MEETING
CAUSES MURDER OF MAN
Thomn" Bailey Kills Berry Barrett
When Latter Charges Improper
Relations With Wife.
Especial to The Times-Dispatch.l


DANE1LLE. VA. September "a
Making good a threat uttered on Sun
day. that he would blow his brains
out IL Barrett ever made the charge
again. Thomas Bailey this morning shot
and killed Berry Barrett at the home OF
Barrett's mother in law at confer
ence staged for the purpose Of recon
Cling Barrett with his wife, whom he
had decided to divorce.
Barrett named Bailey as the grounds
for his proposed divorce and, when the
latter was called to the house at Bar
retts request to deny improper rela.
lions. Barrett closed with Bailey and
they struggled.
Bailey managed to pull out a pistol
and three shots followed, two wound
tng Bailey in the forearm. and the
third penetrating a vital part Of Bar
retts body. He fell dead.
While Bailey met officers at the door
OF the home with tho announcement, "I
did H." a coroner's Jury this afternoon
did not fix the blame. as there is
question Of whose finger was on the
trigger of the pistol.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
IN AND OUT OF TOWN.

Mrs. Herbert Whitehurst and her
all daughter. who have been SPEND
K sometime at Blue Ridge Summit.
i. Will arrive in Richmond this
ek to be the guests Of Mrs. william
4 Whitehurst. on Monument Avenue.
; several weeks.
Mrs. Douglas Gordon has left for
Ir.olk. after visit to relatives in
lchmond.
Hiss Lucy Ford Workman, who has
IN spending some time in New Eng
ID. has returned to Richmond
Hiss Marye Elise Tucker has return
10 her home on Stuart Avenue, after
extended stay in Nottoway and
eve.
Mrs. J. Is. Gilchrist. OF Richmond, is
g guest of Miss Bertha Wayland at
II ONE in Roanoke.
Lieutenant Frank H. Redwood, medi-
d officers reserve corps. left yester-
y for Fort oglethorpe. Ga.
Miss Emma Rebman and Mr.. and
IS. c.. w. Freed, of York, Pa, mo-
ed to Richmond this week and are
,iting, their brother. John e. Reb-
an, in Barton Heights.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-25
Auto Struck bx Ennine

An auto delivery truck belonging to
tho Globe department store. I'm which
were seated two negro youths. was
struck by the engine of the north
bound passenger train on the Atlantic
Coast Limo due here at 1915 o'clock this
afternoon. but somewhat late The
accident happened at tho intersection
of Cedar and Jones Streets. The truck
was driven by bernard Hawkes., and
with him was Harry Presson
The truck WAS struck, compIetely de-
molishcd and thrown down the ON
bankment. Hawkes. had one leg cut
on between the knee and ankle, the
other leg broken, and was Internally
injured. Presson's skull was fractured.
Soth are In the hospital in 4 critical
condition.