davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Relevant Facts

studebaker Corporstion.-This stock
rose ga points net yesterday on trans
actions Of 1900 shares, climbing from
36a. to 4IH. During last weeks sharp
decline Studebaker sold down 20 80 30.
The high for the current year ls llO1Z.
Last year St1debakcr sold AZ 1877. Yes
terdav's upturn followed the publica-
ton tn Wall Street Of an Interview
with A. 4. Erskine. president OF the
corporation. who was quoted az fol-
lows: 49,,
"On January 1, 1918, compared with
January l, 1917, the cash position o.
the company will be IN much better
shane. We will have smaller inyen.
tories more cash and less notes and
accounts payable. The directors are
unanimous in the opinion that the 10
per cent dividend on the common stock
will be restored. .,
sTbc net earnings for 1917 will be
obout $4,000 900. After deducting war
tsx ard preferred dividends, the pal
.,re for the common stock VIII APP
vroximate s5,0O0,0O0. or Sl7 per share.
rho net asset value OF the common
s+ork Jorrary ]. 1918, viii be az least
xfOO a shnre The company cOuId as
continue the motor car business and
f;ouIdate. and pay within sixty days al!
i;sbiIities. including the preferred
stock' and have enough remaining 20
80 The common stockholders double
The preEent quotation
Texas Company. -- At the annual
r.s,iny TO be held in Houston, Tex,
next Tuesday the stockholders will
vote on the liquidation Of the Fro
'ducers' Oil Company. the producing end
~ the Texas Company. This proposed
action is in accordance with the policy
- the Texas Company 20 consolidate
the producing and refining branches OF
ia business. which was made possible
by the amended charter giving the
company authority 20 engage IN ths s
production Of oil and gas as provided
bv an act Of the Texas Legislature last
s1ring. Producers on Compshy'
which was organized in Texas N I ,a,.
has 81 600, 600 capital stock, and IN 1910
psid npprorlmateiy $500, 600 IN dlyi,
dends. or 2I0 per cent on us Sapi.Al
stoek. 10 tho Texas Company SO lar
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
New Liberty Four
Per Cent Bonds
Sell Under Par

The new per cent government bonds
issued under the second Liberty Loan
broke under par on the Stock Exchange
for the first time yesterday, when
s114OOO sold at 9s.9s. This represented
q decline Of 20 cents q $1,000 bond.
The bonds have recently sold as high
As 1OO.O2. These declines below par
Yesterday attracted the more attention
because the stock market showed ris-
ing tendency. Prior to the transaction
under par = block Of $4,000 OF the
a sold on the exchange AZ 100.
Liberty Loan 3i2s, the hrst issue
were heavily traded IN, with sales at
1884 TO 1928. The low record Tor the
3lks is 1926. while the high is 10000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
York. ia now connected with the Amer
lean international Corporation.
Corporation Returns
Bangor 4 Aroostook
1917. 1915.
September gross ..s..... $3.50 ssS9sZS
Dividends

Chandler Motor Csr.--Regular euArtsrJ
siviJrnd OF ; per cent and the usual guar.
+srIy extra Of I per cent, payable January =
70 .tockholders OF record December u.
Porto Riean American TobaeeO.-serir DIV
fle,d Of per cent payable Decemoer 70
stoci holders o. record November 10.
shelby Yrou.-Diyidend q Z per cent on
he c0nnoa stock. PAYABLE January Z. ms
l. tb. Rrst dividend declared since 1900
Brown Sroe.-Rsgula; quarterly dividend
Of 81 50 z share o. TIE COMMON stock pay.
ABLE December I 20 stockholders OF record
November 20.
Mechanics and Metals National Bank
Usual quarterly dividend o. 4 per cent. pay
able November - 20 stockholders Of record
November TO-.
California Packing Corpor1ttou--Usu1i
quarterly dividend u 50 rents share on ths
common stock, payable December 10 20 stock
tol5.rs % record December !.
Nebraska Power.-Eegular quarterly ciyi-
bend Of "a per cent on the preferred stock.
payable December 4 20 stockhoders 81 record
November IS.
Acceptance Corpora,ion.--Usual quarterly
dividend Of ~ per cent. PAYABLE November
3 % stockholders O. record November "a.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Strikes in Japan

According 70 THE Japan Advertiser"
the most notable social phenomenon in
Japan to-day is the prevalence Of
strikes. During the last year $50
strikes, involving 10000 workmen, have
taken place. which compare with
eighty strikes, involving 5000 work
men, last year. Compared with labor
conditions in America, there is nothing
alarming about such figures, but in
japan il invites attention because of
the comparative freedom from labor
troubles in the past.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

While trade journals report some
Improvement in the tone Of business,
9Je largely 70 the fixing of prices
Tor certain basic commodities, which
has made the outlook somewhat lees
obscure, they also give strong evil
dence tending to show that the vol
me Of general trade is still shrink
ing. Some Of the more important
statistical indices testify to the same
thing. For instance, bank clearings,
the most widely accepted measure
Of business activity, indicate that the
turnover Of goods is less than it was
a year. or even two years, ago. For
he past week total clearings for tho
country were s per cent larger thar
in the corresponding week in 1916
and about 10 per cent above the 1915
reriod. These figures, however, rep
resent merely the amount Of money
or credit currency utilized in the ex-
change Of goods, and when it is con-
s.dered that prices are now about
50 per cent higher than they were
a, this season last year and approx
rately 20 per cent higher than they
we're two years ago, it will at once be-
come apparent that the actual guam
tity Of merchandise changing hands
was considerably smaller. The fact
that the volume Of civilian business
IS tending 10 decrease is regarded
vessimistically by some persons, but
70 the extent that the shrinkage rep
resents curtailment of non-essentiel
tusiness-and that must be largely
responsible for the decrease-it Is
favorable rather than unfavorabie.
That certain industries, particularly
those engaged in the production of
Injuries, would suffer greatly as the
country readjusted itself TO war con-
ditions was apparent from the be-
ginning, because money and labor
Tor war can be saved only by reduc-
ing unnecessary consumption. Evi-
dently the fotatiOn Of the Liberty
loans is fastening the process Of re-
adjustment. In saving money to
ray for the bonds people are cur
failing wasteful expenditures.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

the invested capital, according 70 the
showing made as 20 percentage earned
ln the pre-war period Of 1911 10 1913,
inclusive. There is a special addition
20 this deduction of $4,000 in case Of
p corporation and $4,000 in the case Of
partnerships or individuals.
"Other complications and difficulties
affect Inclusion or exclusion Of pat
ents, good viii, etc. There is a com
bination Of the two ideas OF Invested
capital and actual capital which makes
reasonable application of the dehni-
tion Elusive and in some cases almost
impossible"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
The Labor Hazard

A statistical report prepared BY the
Department Of Labor az Washington
covering accidents and accident pre-
,ention in machine building shows that
in classifying the combined plants By
departmental divisions boiler shops
and ward labor have by far the great
est hazards.
Boiler shops have a frequency rate
Of 224 accident cases per 1000 full
time (3OO-dsy) workers and n severity
rate Of twenty-seven days lost per
300-day worker. while yard labor has
a frequency rate OF 22l and a severity
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Foreign Exchange Rates
At Copenhagen Advance

COPENHAGEN, Nov. lO.-The course
Of events in Russia and Italy has
caused q rise in al foreign exchange
rates except Russian, on the theory
that il may be e prelude % peace. The
tipturn amounted 20 TO s per cent.
Tho dollar rose "a points, 20 305. Marks
made the strongest advance, from
1880 20 a. Sterling rose from 1898
TO I41O, francs from $3.50 70 81. and
Austrian crowns from 27 70 %. There
were similar increases az Stockholm
to-day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Cotton Mil Dividends

FALL RIVER, Mass, Nov. lo.-Cash
dividends amounting 10 sl,2l7'lS4 and
sstablisbing a new high record have
bas, Maid by Fall River cotton nanr-
rscturers for the fourth quarter OF the
will wear. u was announced to-day.
Dividend payments for the year On d
Capitalization Of s33,l60.Ooo were ga
Ie71 100. an increase OF Sl,s471i1 over
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

The statement Of the Federal Re-
serve Board to the effect that ninety
say corporate notes, with renewals
FOX two years guaranteed, DO not
constitute "self-liquidating" paper.
and are. therefore, undesirable IN
yegments for members Of the sys-
EN-, eTectually dispOses Of a solu-
lion Of the corporate financing prob
ZEN which many bankers were in
,l,ne9 20 favor. The scheme haG
many flaws. but that applies WITH
equal force 70 other plans proposed
With the same object in view. II :
lbvious that the corporations must
ave funds. and il is equally appar-
ert that funds cannot be obtained IN
ne investment markets except m
,e-v limited amounts and az ruinous
ates Of interest, especially since
ne Treasury Department proposea
% continue the distribution Of Lii
e1y bonds in the intervals between
e,senment loan campaigns. Under
the circumstances, there seems 10 b.
only one way in which corporate Dor
ro7ers viii be able 10 obtain money,
and that il through direct advances
rum the government. This methoo
wll have at least one advantage.
,dIi close the capital markets 70 all
borrowers save those who are en-
faged IN work essential % the prose
eltion o. the war.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Elections

Clarence Lewis, Of william ss.omon
p Companv. has been elected director
II tbe Advance Rumeiy Company, TO
succeed Elisha Walker.
7 Ruprecht. formerly treasurer and
4;-a,tor ~ ,Ae STANDARD Transports.
tio1 COMPANY, the marine suosiid airy
- ,S The STANDARD Oil Company, Of New
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

The above rates express the cost OF
foreign money in terms OF the Ameri-
can dollar. You buy an English pound
sterling at, say, s4.751s The intrinsic
parity Is S4.S6% per pound. Thus, you
or that dollars are at a premium. which
is owing to the fact that in England
the demand for dollars with which to
settle accounts in this country Is
greater than the demand in this coun-
Try for pounds with which 70 settle
accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

below. American bankers have sus-
pended al dealings in German and
Austrian exchange, so that daily quota
tions for either marks or kronen are
no longer available.
Quoted dollars 10 the pound
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
ReAexes Of War

Some interesting figures have re-
Gently appeared in the German press in
the course Of an attempt TO prove the
recovery OF German industry during
the later stages Of the war. says The
London Economist" Az the end Of 1919,
IL is stated, there were in Germany
some 3O,032 limited liability companies
with a total capital Of &, O72 ,966.85O.
During the period January 1, 1913, 70
June 50. 1914. which was record period
in Germany's industrial development,
an increase in capital for such com
panies was recorded Of SOS. 2s5, $50;
during the period July /, 1914, 10 De-
cember 81, 1915, an INCREASE OF s40, l29,-
900; during the period January /, 1915,
% June 80, 1917, an increase Of e54,-
10000.
In Denmark the Strengthening Of cat
tie owing 10 fodder shortage has made
butter so scarce Ihat people are TO be
put on a ration of about half a pound
Of butter and fat per week. The win
ter outlooA in the country is reported
TO be very gloomy.
According 20 the latest returns there
we're last July 100000 women employed
In the manufacture OF munitions in
England, compared with 40 600 in July,
1918, on increase Of 400 per cent. The
number OF men employed shows an in
crease during the came period OF 66.6
per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

Serious shortage Of labor, with all
the unrest and unsettlement which
attends such a condition, is still the
most disturbing factor in the bust
ness situation. In every section o.
the country the demand for workers
exceeds the supply. That the short
age is becoming more acute every
cay is evident from the increasing
frequency Of strikes and disputes.
There seems 70 be only one way Of
overcoming the difficulty, and thai:
is by conscripting labor, either di-
-ectly or indirectly. AS long as non
essential industries are allowed 70
compete for the labor required 70
make the things needed for war tho
shortage Of help will continue. Eng
land long ago discovered that "the
var viii be won by labor and an
nounced her discovery to the world.
This country should take advantage
u British experience. Conscripticr
Of labor would automatically reduce
consumption Of luxuries and force
saving Of money for investment IT
var .0ans.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
News Digest
Foreign

Paris B5urso.-PARIS, Nov. 10
Trading was quiet on the Borrse 20
dsy. Three per cent rentes, so francs
fcr cash. exchange on London (unohi-
ciaD. 27 francs 40 confines; per cent
loan. 81 francs 60 centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

London Money Market.-LONDON'
Nov. 1O.-Money, per cent; dis
count rates for short bills, 4es per
cent; three months bills, 40 per cent;
cold uranium az Lisbon. 1880.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Money and Credit

Clearing House Statement. - The
weekly statement Of the Clearing
House banks disclosed decrease Of
s29 1892, 600 in loans and discounts. Sur
plus reserves decreased s1,3O0,17o, to
s109,s30. 44O. Net demand deposits de-
creased s12,542,O0o The statement fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Federal Reserve Banks

WASHINGTON Gold OF the twelve Federal Reserve
the week 573S77oo than
Of the corresponding date year
&4OOO 3s970oe The banks
condition November previous follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

Below is givcr the current exchange
value Of foreign money in 90 lars 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, 1917-11-11

silver.-Bars in London, AID, IN
changed; New York, s6Isc. unchanged;
Mexican dollars, 65$sc, unchanged.
Sub Treasury. - New York bank.
lost e the Sub Treasury $4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Cost u one dollar

Chasing rites yesterdSy, compared
81 y.ek ago, are given In the table
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

0LD. DLFAULTED. OBSCURE SECURE
p-.f-.-e ~. range Building. New YORK.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

Tor PRIME acceptances are as IollO"s'
Thirty Sixty Ninety
Spot delivery: days. days days.
Eligible member
banks........ $40 slaSo aIa3s
Eligible nom
member banks S5s'o 3s4'o $40
Ineligible bank
bills ....... 4Iaes 474ps 5 %
For delivery within thirty days;
Eligible member banks. 334I
Eligible non-member banks. 4 %
Ineligible bank bills........... SEE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11
Acceptance Rates.-Current bid prices

or prime acceptances are as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-11

Bank Clearings.-The days ciearings
at New York and other cities:
New Britain herald., 1917-12-21
A TWILIGHT ZONE.

I IL was not such a bad experiment
tier all--that first lightless night.
perhaps, was not as lightless as it
nlght have been; but, then, it was
6e4 first step in the dark, and SO we
~ look for greater cropping the next
me. Anyway. Christmas week is a
DOR time to ask the people to close
avn on lights. That has usually
zen the brightest week in the entire
ktW-two. When the hustle and hustle
Z christmas shoppers and their
hopping are over. when we settle
DNn to a more prosaic existence. we
Epect that there will be more saving
elsghts and. consequently, . greater
ring Of coal, which is the where
and why OF lightless nights.
9e Will then be not so many
ter signs glowing until eleven
Tack at night. There will not be
many store windows brilliantly
rated. There will not be so much
sf1endency shed for general adver-
anG purposes. In q word, we shall
Svx twilight zone where we once
ia : great white way. After which
habit will become part of each
il every household in the city.
New Britain herald., 1917-12-21

8drawn-out controversy between Mr..
Curtis and Mayor Quigley, or any other
public officials, it does not take much
to dispose of that question. We have
had these "airings'a before, and they
get nowhere. II -
The people of the city of New Brit
ain are entitled to the facts in the
case when a public question, such as
this, is brought forward. There has
been a lot of smoke lowering over
the charity board. The time has come
when the smoke must be cleared
away Until them we will never know
whether there has been a fire, as Mr..
Curtis claims, or whether the entire
business Is more political camoufage.
This, much is true: There Is some
thing somewhere that needs atten-
ton, and needs it badly. Whether this
is in the political party in power here
or merely one of it's departmental
branches is for the voters to decide
upon before the next elections. Prob
ably a change in power would do
some good.
New Britain herald., 1917-12-21
WHAT ABOUT THIS?

zeving peeled the potato commit
or, more properly the Municipal
EzA Committee, Alderman Curtis
u his henchmen are now ensconced
non the back Of the charity depart
mt, which, it is insinuated, is guilty
nnisspending funds. The tempest
the tea pot this time is set a-brew-
~ BY the incidental expenses of
tructing a dairy barn at the Town
Isn. Refusing to accept the report
81 The department, Alderman Curtis
D - his reason the sum Of $4,000
"a, he says is unaccounted for.
Gpurse. as is the way with public
Ala, no one Is accused Of dis
but
ume time waxing eloquent over
IdAn OF investigating the charity
paStment, Mr.. Curtis pounded his
~ and delivered himseh as follows,
nording to4a press report;-''And II
cannot get these facts through the
oper channels, we'll get them
rough the newspapers. And 1 want
say right here that several thou
md dollars have been wasted by the
lartty department and I can prove
Again do the newspapers come
1or their share OF glory. Anytime
ular mediums fail the news
get the left-overs. They get
oFything, but the credit for per-,
i1ltng service. This some one always
- to claim when the deeds are
HORNED. :,
10 the Common Council, or COM
Atee appointed BY 1t, cannot take
ne of the charity department affair,
n Newspapers, OF course, will be
"a to assist in an investigation. That
part OF the newspapers business
let the people know what is going
Yet the newspapers would rather
ge this news in the regular ap-
nted way. It is not their place to
Iduct investigations upon every
fTDAy. If Alderman Curtis can
ne that the charity department Is
nv Of nisap the citys
ney. it As for him to place the facts
pre the proper authorities. The
tnpapers will see to it that these
~ K1ach the public. AS to the adj
i3ty OF entering into q long
New Britain herald., 1917-12-21

they do not get a corner on buckwheat
and boost the price.
Once there was an Eastern Sho'
man who said that when he went to
bed knowing there would be buck
wheat and sausages for breakfast he
couldn't sleep for thinking about it.
And when he went to bed with the
Information that there would be no
buckwheat and sausages for break
fast he couldn't sleep for worrying
about 1t. The price of sausage was
skted last winter, and there is reason
to fear that unless Mr.. Hoover does
something about it the price even Of
hot dogs will be "out Of reach ex-
cept on special occasions when the
ultimate consumer grows reckless and
goes in for buckwheat and sausages
In spite OF the inflated cost.
There Is another report floating
around that sounds much more cheer
full than the Quit-eadng admonitions
that Mr.. Hoover fs sending out This
report Is that the bean crop Is ten
times as large this year as 1t was last
last year. New York State, always a
great bean area, has a record breaking
crop. But tho Rocky Mountain and
Pacific Coast states are harvesting a
bean yield that will soon be moving
eastward In trains a mile long.
New Britain herald., 1917-12-21
teTha Father"

If it were only a dream,
Were it not good to cherish,
Seeing to lose it's beam
Is in despair to perish
Maker and Father and Friend,
Yearning in pity to guide me,
Leading me on to the end,
Never in storm or gloom
Deaf to cry Of sorrow,
Kindling beyond the tomb
Light of an endless morrow
Yea, If 'twere only g. dream,
Better it were to clasp it,
Brood on it until it seem
Real as the lives that grasp it.
Helpless, feeble and lost,
Cropping in Wisdom's traces,
Whirled like leaf and tost
Out in the awful spaces
oh. how the heart betrayed
Bounds, into life upleaping.
Trusting that He who made
Watch over all is keeping!
GEORGE FRANCIS
SAVAGE ARMSTRONG.
New Britain herald., 1917-12-21
Buclx1vl1eat and Beans.
Baltimore sun)

According to recent report from
one of the most prolific Of the buck
wheat states, there is an immense in
crease this year In the buckwheat
crop. It IL Joy news. Let us hope
that the buclxwheat cakes this coming
winter will garnish every breakfast
table. 1t Is to be hoped that Mr..
Hoover will be able to take little
time of from the arduous duty of adj
vising his countrymen to eat less, to
ordain5 meatless days and wheatless
days, and, in general, to substitute
fast days for feast days, to look after
the food prof1teers and see to 1t that
New Britain herald., 1917-12-21
COME, COME, COME.

If the city of Bridgeport is in need
of a slogan, or series of slogans, to
induce people living in other places
to become part Of its busy life. it may
use the following without charge:
Come to Bridgeport, the Paris of
Connecticut, where the bright lights
are brighter and the dark novels are
darker than any other city its size In
America.
Come to Bridgeport, the, home or
high wages and high jinks, where
the lid has been thrown away and
where anything is permitted, from
shooting dice to shooting policemen,
il you have pull with the politicians.
Come to Bridgeport. We're, closing
the schools because we can't buy coal
OF course, we have money to squan-
der on matters of more Importance.
And besides, what difference will it
make 10 us whether the children are
educated? Let them go out and play
In the snow, and when the snow Is
melted the cutters will do.
Come to Bridgeport, where no one
cares anything about anything, where
blood is red and the good citizens are
blue because of the way we let the
politicians and crooks run the city.
Come to Bridgeport. We're SO busy
making munitions that we can't stop
to interfere with the dark forces who
are boosting the tax rate and robbing
the public where the politicians hob
mob with the leaders Of the tender
loin. .-....
Come to Bridgeport, where booze
and vice rollic along together. where
you can insult any woman on the
street without fear of being arrested,
and where your daughter will have an
opportunity Of leading an easy life. If
she wants to.
Come to Bridgeport. We guarantee
it to have the lowest morals of any
city in Connecticut. Special induce |
ments to thugs, gamblers and women
OF the street. |
COME, COME, COME.