davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Equalizing Prices
Disparity in London and New
York Quotations Rectifed

The extraordinary DISPARITY which
has existed in recent months in the
prices quoted for Canadian Pacific
shares in New York and London is TO
be attributed entirely TO the absence Of
arbitrage dealings between these two
centres. For had such dealings been
permitted persons would have bought
the shares in New York and sold them
in London whenever there was a profit
10 be made on the transaction, and
thus the price both here and in New
York would have been approximately
the same. In April the disparity was
not very great, the New York parity
being 1853 and the London price 49,.
But the difference has been gradually
widening owing 10 liquidation IN New
York and a shortag- of stock IN London.
Canadian Pacific shares, though eX-
cluded from the requisltioning lists,
are subject 10 the penal tax Of Is. in
the pound, and therefore the Treasury
has always been prepared to buy or
borrow them. The price fixed by the
Treasury has been based on the Lon
don price, though The shares, Of course,
were sold In New York and realized
the parity price" which means that
the Treasury was losing money on every
purchase and sale which il made. Last
Thursday, accordingly. the Treasury,
owing to the increasing loss on such
purchases, decided not to purchase any
more shares except on the basis Of the
New York price. This explains the de-
cline In the London price TO 176. or
course, Canadian PaciAcs can still be
deposited with the Treasury under
Scheme B.-London Times.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
FINANCIAL MEETINGS
THE CHESAPEAKE AND OHIO RAIL
WAY COMPANY.
NOTICE or ANNUAL sTOCkHOLDERs
NETTING


New York. september 20 isii
Nouca Is hereby given -hat be aangi
meeting OF The Stockholders Of THs
CHESAPEAKE AND OHIO RAILWAY
COMPANY VIII be held az che sesei
once q the Company IN TIE CRY q Res'
mond. virginia, on Tuesday. OCTOBER u
1917 a. eleven clock = M, - ,or ~
election u Directors. ODD tor the pgrpsr
OF considering al action heretofore iak.
or authorized by the Board Of Directors q
by The Executive Committee o, 10 Coz
psny which may De submitted 20 2.
meeting. and lcD for tle saction
such other business as may lawfully cor'
before the meeting. including The amsn,
menr OF the first sentence ~ section ! CT
Article I ~ the bylaws p tls C0mpaN
80 as 20 read as follows.
Regular annual meetings o. the sseet
holders Tor the election 90 directors ron
among their number and the trsnsaeiie,
u such other business as may prop1l
come before the meeting f0r action sra
be held on ne Tuesday pre- .edls he as,
Tuesday ~ April in each year a. u o'cl'cs
\. VI. At the general ofice u fhe CompAaI
iu the cry % Richmond. Va
The stock transfer books wii .. clos.,
~ the Office = ine Company. W. i
Broadway. NeW York city on Friday sG'
fember "a. 1917. az three o'clock p n
and VIII be reopeued on "wednesday oc'S'
Der q, 1917. 81 ten O'Clock a m.
By order 4 The Board % D.rsctors
CARL REMlNGTON. secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
CORPORATION Returns
Dividends

Reading Compsny.-Reguai quarterly divl-
dend 81 . per cent on the common stock. pay
able November 70 stockholders Of record DC
tober % also regular quarterly dividend OF
Der cent on the first preferred stock. payable
december ID 20 stockholders Of record No
vember q.
Federal Sugar Refnins-Regular quarterly
dividend OF II per cent on the preferred
stock. PAYABLE October % 20 stockholders Of
record October %.
Pacific Mail steamship. Quarterly divi-
dend Of "a, per cent ON the 81 eferrei stock.
pavable December % stockholders oi record
November II.
Portland Gas & Cose.-Rcgulsr quarterly
dividend Of 4 2. per cent on the preferred
stock. payable November % stockholders OF
record October ~.
Kellogg Switchboard REGULAR quarterly
dividend Of per cent payable October 81 70
stockholder5 Of record October %.
North American Regular quarterly divi-
dend OF l., per cent. payable January ..
fqfS. 20 stockholders ~ recoM December IS.
1917.
Guaranty Securities Corporaton.-Qua
lv dividend u per cent pa BILE October %
70 stockholders Of record October %.
Cities serviee.-Regular monthly dividend.
Of q. Of / per cent Oh he preferred and ?
OF per cent in cash and y Of per cent in
common stock on the common stock, both
payable December % stockholders OF record
November 10.
Luther Manufacturing Regular quarterly
dividend Of 5 per cent, payable November
70 stockholders Of record October ..
Wampanoag Mills Corporation.-R Regular
quarterly dividend ~ ] p per cent. payable
November I 20 stockholders q record Octo-
Der 3.
Charlton Mills Corporation.-Reg quar-
terly dividend Of - per cent. payable Novem-
her to stockholders = record October IS.
Mechanics Mill Corporation. Regular
quarterly dividend of per cent. payable No
yembe. 1 TO stockholders oi record October 10
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Chinese Bank to Reorganize

According TO Picking cable advices,
the Chinese Bank Of Communications
has concluded a loan Of 100000
with the Banks of Formosa and Corca
and the Industrial Bank Of Japan for "a
term of three years az ~ per cent.
The loan Will be- secured b. the Chinese
government bonds held by the bank.
The proceeds Will be used for the re
,rgan.Zation Of the bank. the Peking
branch OF which has not yet been able
to resume specie payment. The bank
viii emp oy a japanese adviser nomi-
mated by the lenders who Will have
preference IL further loans are re-
0uired.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Wednesday. October Il, 1917

Before the second Liberty Loan
campaign was launched i was said
bv some authorities that oycrwhelm-
ing success would be assured If the
rural sections Of the country re-
sponded to the governments appeal
for funds in proportion to their aoil-
itv to do SO. \ study of the state
of business throughout the country
shows that this belief was well
founded. In every state which ranks
Importantly as a producer Of food
stuffs conditions are extremely IA
vorable. As a result of large pro
duction at war prices wealth has
been pouring into the rural districts
in a great and constantly increasing
stream. To gain control of 1t for
rublic uses is a difficult task, how
ever. for every one knows that it is
harder 70 sell bonds to the farmers
than to any other class of people.
Reports on the progress of the LIB
ertv Loan in the small communities
Of this district are, therefore, highly
encouraging. 4 number have al
ready oversubscribed their maxi
mum allotment. The farmers have
been bombarded with literature, and
every one i'm the district has been or
will be personally solicited for a
subscription. Those VINO are con-
Quoting the campaign state that re-
suits are even better than had been
expected. in one of the subdivisions
it is said that 80 per cent of the
farmers have bought bonds. and
this proportion will be increased
substantially before the campaign
closes. If similar enthusiasm is gen
Grated in the great agricultural com
munities in the West and Middle
West. then it is certain that the cam
paipn will wind up in blaze Of
glory
Wall Street expresses the utmost
confidence that the Interstate Com
merce Commission will give favor
able consideration to the railroads
plea for further rate Increase
but continues TO sell railroad Sc
cff,i+iaS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
The Dollar in Foreign Exchange

Strength in Holland exchange and
weakness in Russian exchange iur-
nished the principal features OF tne
local market yesterday. Dutch guild-
ers sold as high rs 43is cents. against
42s, on Tuesday. Russian rubles were
fractionally lower at 1850 cents Tor
checks. The rest of the market showed
70 important change
Closing rates yesterday, compared
with a week ago. ale gwen in the table
below. American bankers have cus-
pcrded all dealings IN German and
Austrian exchange. % that daily quota
tons for either marks or kroner are
no longer available.
,n.-,.I IN tbs nound
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
italy to Increase Land Tax

From January ] the taxes derived
from income and on building land Will
be increased in Italy. Instead Of the
tax upon those exempted from military
service. "a special contribution equal TO
about one-fourth of the amount already
paid by those persons IN direct taxa
ton wi be levied upon them during
1915 and 1919.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
New York

bethlehem Stecl.-Directors Of the
corporation met at South Bethlehem,
Penn, yesterday and indorsed the ON
GERS Of the Bethlehem Shipbuilding
CORPORATION, Limited. organized here
on Monday. 81. L. Lewis, vice-presi-
dent of the new concern, was elected
q vice-presidcnt Of the Bethlehem
Steel Company and Of the Bethlehem
Stool COrpOratIOn.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
DIVIDEND NOTICES
LIMA LOCOMOTIVE WORKS, Inc.

A. meeting of the Directors held octo-
Der II. 1917. an initial semi-annuai divi-
dend o. 3iseo was declared on the Pre-
ferred stock payable october Dist. 10 stock
holders Of record October Gath.
". D. CLOOs. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

al: New York. $3.50, a decline of i2c;
Mexican dollars. 6lc. unchanged.
Sub Treasury. New York banks
gained from the sub Treasury $S?4,OOo.
London Money Market.-LONDON,
oct. IT, Money was in better supply,
owing to maturing treasury bills. The
ruling rate was per cent. Discount
rates: Short bills, A. per cent; three
months bills. 4l3-16 per cent. Gold
nremlums at Lisbon. go.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

The above rates express the cost oil
fore IN money in terms of the Amerl,
can dollar. You buy an English pound
sterling at. say, S4.75}s. The intrinsic
parity is SlS6's per pound. Thus, YOU
saw either that pounds are ~ discount
or that dollars are at a premium, which
- owing TO the fact that 10 England
the demand for dollars with which TO
settle accounts in this country is great
or than the demand IN this country
for pounds with which to settle ac'
counts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
snnthern Railway Diytdend Pay

ment.-J. p. Morgan & Co., as agents
for the voting trustees, have issued a
notice 20 the holders of the stock trust
certificates for the preferred stock re-
oucsting that they present their GER
dictates fer exchange for dehnitive
took before October 81. The purpose
Of this request IS to secure the prompt
distribution Of the preferred stock
Jt,.,dard
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
ATLANTIC MUTUAL CO,
Atlantic Building,
Nos. e. and 81 Wall Street.
New York. October ", 1917.
Special Notice to Holders OF
Certificates of Profits.

special Sosioe to Holders OF
Certificates of Profits.
Tho outstanding certificates OF profits OF
.he Issues OF lsl3, 1918 and 1911. will BE- re-
deemed and paid 30 the holders thereof or 70
sheir legal representa- gyes on and after
Thursday November |, 1917, from which
date ali interest thereon will cease; she GER
si6cates 70 be prodncsd at tbe time OF pay
ment aud Cancelled
A dividend OF interest Of fivo per cent,
being at the rate Of six per cent. per an
aumj, on ehe certificates OF pronss OF tho
years 1918. 1918 and 1914 will be paid to the
holders thereof, or 70 their legal representa-
sves, 90 and after Thursday, November !.
1917 Checks for The dividend OF interest
will BE- mailed in accordance with mailing
orders 70 ,hose who have hlod such orders
With the Company.
The transfer books will be cloeed from
October II. 1917, b. November ., 1917. both
inclusive.
b. order OF the Board OF Trustees.
g. STANTON FLOYD-JOSEe, Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
News Digest
Foreign

London Stocks rong.-LONDON,
oct. 1.-THE stock market was firm
to-day. with the war loan and gilt
edged securities IN good demand. Con-
tinued strength and activity in indus
trials. bank shares and South African
mines were the principal features.
Russian issues showed no recovery but
the leading American shares improved
in sympathy with Wall Street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
ctock Exchange 10 observe Liberty

Stock Exchange TO observe Liberty
Day."-The stock Exchange will close
next Wednesday, Liberty Day" at
noon. i'm observance of the Presidents
proclamation. The governing commit
Tee. a. a special meeting yesterday,
adopted a resolution TO this effect
The hour for deliveries of securities
will be- advanced from 2;l5 p. m. to
10 nlclnnk
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Yesterday. Year ago
Commercial Paper

Commercial Paper-Ihe undertonc
Of this market continued firm yester-
day. with a rate OF y per cent for
business moving is light.
Official rates Of discount for each OF
the twelve Federal districts arc as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Elections

Clarence VI. Woolley, president Of
the American Radiator Company, yes
terdav was elected a trustee of the
New York Trust Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Securities at Auction
The following securities were sold
yesterday at the Exchange sa!esrooms
Of Adrian III. Muller;

For Ar1rnt n Whom L MAJ ccn~-n
eTl .,a-es Spokane 4 Inland Empire X x co
p-essrr-i fsiO0 eachl I-r sharr "a. 81 ~
az .ta-,- SPOKANE 4 Inland Empi7- Y X GO
.rrumor $500 earhl per STARE. ..... ID c''.is
% 900 shares high Grade Copper Mining 60. ~
g, sta-,- security Bank 800 eaell... -...... %
boo share. sabAa CraAde- Honduras Mining 60
81 e4cAl. L..................-.-. '4.sVv
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

Paris Bourse. PARIS, Oct. IL
Trading was quiet on the Bourse to-
day. Three per cent rentes. 81 francs
90 confines for cash. Exchange on
London. p francs Is centimos. FIVE
per cent loan. IS francs 50 centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Week

Pelow is given the current exchange
value Of foreign money IN dollars ana
cents. together with the intrinsic gold
rarity as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

DistiIlers' Securities. This stock
moved against the current OF the gen
eral market yesterday advancing to
1895 for net gain OF 51s points on a
turnover Of $4,000 shares. Next TO
United States Steel common. Distillers
was the most active issue on the list.
The big turnover in the stock and its
pronounced display Of strength were
attributed TO the operations OF a pool.
Before the recent break in stock prices
a pool forced Distillers above AZ. On
the decline Of last week it feel to
around 81.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

Tobacco Products.-On a turnover of
$4,000 shares Tobacco Products ad-
vanced to 53aa and then fell back TO
b2i. az the close for net loss Of u
points. On Monday this stock broke
from SIS TO AZ and showed net de-
cline of si2 points. Tobacco Products
sold on August II at SOS, the highest
price for the year. II was reported yes
terday that new pool had been formed
in this stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Relevant Facts

international Petroleum.-Net earn
ingg for the year ended December 81,
1916, totalled s9C5,614, equal TO more
than 13 per cent on the s6,265,o0o com
mon stock Tho cash balance at the
close OF the year was ,49s, 900, accounts
receivable amounted to s2.l71.OO0. and
profit and loss surplus was t9O5,Ol4.
Gulf States Sfeel.-Net operating IN
come for the month Of September to
tailed s2s7,193, an incrcase of $3l,Ol5
over the corresponding month IN 1916.
Extra and Initial Dividends De-
clared The Carwen Steel Tool Com
pany has declared the regular quarterly
dividend Of per cent, and an extra
dividend Of one-half of 1 per cent, pay
able November 20 TO stockholders of
record November ].
An initial dividend Of 81 per cent
has been declared by the Lima Locomo-
tive Company on the preferred stock,
pavable October 81 90 stockholders OF
record October -
A special dividend Of 81 share has
been declared by the Ludlow Manufact-
uring Associates, and also the regular
quarterly dividend Of $3.50 share,
payable December 1 to stockholders of
record November ].
The Stafford Cotton Mills Corpora
ton has declared the regular quarterly
dividend of l. per cent and per
cent extra, payable November /.
The Merchants Manufacturing Com
pany has declared the regular quarter
IS dividend of 2 per cent and an extra
dividend Of 2i2 per cent, payable No
yember !.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18

Gulf States Steel.-Net operating in
come for the month Of September to
tailed s2S7,193, an incrcase Of {3l ,Ol0
over the corresponding month IN 1916.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-18
Days
OvCr Over OV.
Bank Clearings.-The days clearing

New York and other cities;
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-02
BRITISH RETRIEVE i
SOME OF LOSSES.
French Dirigible Hovers Overhead
as Supreme War Council Meets

PARIS, December 1.-The supreme
wnr council held its frst scssIon to-
day 1T Versailles. 1t lnsted two
hours. Colonel Edward NJ. House,
head Of the American tnlssion, who,
with General Tunker II. bliss, United
states Army. attended the confer
cnce, said at It's conclusIon;
"Thc results of the conference are
nntisfactory."
neyond this the colonel would
make no comment. II Ii not settled
whether Colonel House md General
BLISS Will sit In the future sessfons
OF the supreme wnr council.
Unusual precautions' have been
taken TO insure absolute secrecy
with regard to the diacussions and
decIsions of the conference. No
civilians were allowed to take quar-
ters within a radius of mile from
the Hotel Trianon, where the scs-
sions arc held. Even the movie men
were barred. A French dfrisibIe
hovered overhead. The Italian dele
Entes to the conference arrived frst.
Then cnme the English, American
and French Representatives. Pre-
mier Clemcnceau opened the couu-
Gil. Colonel House and other dele
gates returned to Paris In time for
n late luncheon.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-02

On the way back from Nersnillca
TO Paris the automobile containing
Colonel House md General Bliss en-
cOuntcrcd the funeral procession OK
nn American soldier who was killed
while attempting TO board a train
at Versailles n few days ago. The
coffin was draped by "a lnrSc Amer
lean ing. American marines md
infantry md French soldiers formed
the guard OF honor.
Colonel House had the automobile
stopped and removed his Int. Cen
crnl BLISS saIuted until the process
sion had passed. Meanwhile, the
commissioners appointed by the In
teraflicd conference were finishing
their work at the Foreign Ministry
building Ia the Quai d'Orsay.
Colonel House said 1t vns unset
tied whether the entire conference
will meet again before adjournment,
1t II possible that there will be no
further full meeting, md that an
Official statement will be issued sum-
ming up the work of the conference.
The American delegates are alrendy
scntterinE In different directions,
whittier their specific activities lead
them. Colonel House and General
Bliss, however, remain In Paris for
the present.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-02
Mrs. DeSauUes Freed
on Charge OF Murder
in I Hour 43 Minutes
Big 1riplane Driven
by Resnati Wrecked
IBy Associated Pr.s,.1

NEWPORT NEWS. VA, December
The twenty-four-pnsse Ca
proni trIpInne, snid to have been
driven by Lieutenant Resnnti, and
carrying five passengers, was totally
wrecked mt Langley field Inte thi.
afternoon. when it crnshed 100 feet
TO the enrth while being taken UP
for the initial teSt. The flyers es-
cnped without serious Injury.
omcinls mt Langley Field and the
italian Myers decline TO discuss the
incident. Witnesses say, however,
that the mnchine apparently failed
to answer climbing controls, and
dropped like plummet when
atarted on the upward flight.
The damage is estimated at thou
sands OF dollars. and II IL not known
whether the craft can be repaired.
The wings were smnkhed. the con-
trolls damaged beyond repair and
one engine partly imbedded In the
earth by the force OF the fnIl. The
machine had wing sprend OF 116
feet. md WINS powered with three
25o-hor~e-power engines. When the
accident occurred the craft was
equipped with three machine guns,
added few days nEo In order to
enable warIil<c tests.
Names of the Italinn officers, sup-
posedIy ayers. md the mechanicInnn
with the pilot at the time OF the &C
cident cannot be ascertained.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-02
MOVE AGAINST DUrrIsH WITH
song OK HATE IN HEART

LONDON. December Lone hundred
thousand Teuton shock troops" every
ono Of them with Song of hatc" In
his heart. flung themselves against
General Byns's army in II hugo triple
attack before Cambrai at dawn yes.
to-day All day long ragged the herccst
battle yet fought In this war between
Ientoms and Britons. Not until to- day
was the result made known. Both
sides waited twenty-four hours for
decision, The British adj Itte6iy suf-
ftred setback. But, measured by
tho gigantic effort OF the foo. and tho
results maaifcstly expected from It by
him. tho outcome Is regarded as rcias
lively moro than satisfactory. S
Driven back fully two miles by tbs
initial Teuton onslaught, Ryng.s arris
rallied for II strong connterattack. ana
Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1917-04-27
Hitting the Senate.

The defeat of the district court
bill by the Senate means the contin-
uance for another two years of the
courts, without jurisdic-
ton to perform any of the real work
of the department of justice, empow-
cred to create all the jury expenses
of the county courts and presided
over by judges who received their
appointment as political favors. The
bill was killed by senate that has
not had the courage to deliberate in
public, but under the guard of Sc
crecy has plotted the defeat of simple
and expeditions justice. The people
are defeated today but two years
from now they may deal a deadly
blow to the class of politicians who
have saved politics and debased JUS
tice.-St. Johnsbury Caledonian.
Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1917-04-27
STATE PRESS
Congressman Dale.

Congressman Porter H. Dale of
tbs second district has been subjec-
ted to singing attack at the hands
of The st. Johnsbury Caledonian.
1t is one of those what Rave you
done about it," editorials, and it will
help instead of hurt the congressman
because of its unreasonableness. 1t
overlooks the fact entirely that Mr..
Dale has been sitting IN a Democratic
Congress as a Republican, and prac-
tically as new member. The ques-
tons asked Mr.. Dale, 50 far as they
affect general topics, might well be
asked of any minority member. In
a Congress where the most outstand-
ing Republican of longer experience
has been getting nothing but an OPP
portunity to read himself into The
Record now and then, and in a Con-
gress that has been so dominated by
Woodrow Wilson that not even
Democrat could get anything unless
it conceded with the wishes of the
administration leaders, it is not
strange that Mr.. Dale has been I'M
able to unseat the South from the
saddle, which, after all, is what the
indictment of The Caledonian, when
stripped of its verbiage and reduced
to whatever sense there is in it,
amounts to. Dale is no stronger
than his party, that is sure, and The
Caledonian must admit that the Re-
publicans have been submerged in
Congress for the past four years.
st. Adams Messenger.