davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-11-28
War Risk Rates Fall
Rates Cover Only Mine Haz-
ard and Renewal of Hostilities

War risk insurance rates on shipping
are now approaching the irreducible
minimum, shipping men declare. The
rate on ships that make the transat-
lantic voyage is one-tenth of per cent,
compared with 10 to IL per cent in the
spring of 1917, when ruthless sub
marine sinkings made rates soar to un-
precedented heights. At that time the
rate for Mediterranean trips was as
high a. IS per cent.
The actual risk that is at present COW
cred by war risk insurance is twofold.
First, the possibility of destruction of
ships by mines which may not yet have
been swept up, and, secondly, the re-
ties through failure to continue the
armistice after it technically expires on
December II. The latter contingency
is considered by insurance men almost
negligible because of internal con-
ditions i'll Germany, and the rate is
hardly any larger than it would be
simply 20 cover the mine risk.
Insurance to cover mine risks, in the
opinion of insurance brokers, may be
written for another six months or a
year. An authoritative statement by
one of the great maritime nations that
the seas had been swept clear of mines,
it is said, would greatly reduce the de-
mand for such insurance. However, it
was pointed out that some shipping
concerns before the war broke out in
1914 carried war risk insurance by the
year at one-eighth of per cent against
the possibility of war, thus being COW
cred at a very cheap rate in case of
the outbreak Of hostilities.
The signing of the armistce has had
no effect on marine rates, as, insurance
men point out, the risk from storms
and other natural causes of damage has
not been diminished. However, under
writers have been going out for marine
insurance business more aggressively
since the war risk insurance end has
reached position of relative insigniti-
cance.
New-York tribune., 1918-11-28
Commodities
| n d u 5 trial
Cotton

The cotton market was quiet yestel-
DAY and fluctuations We're irregular
The bulk Of the business probably re.
l1ected a further reduction in outstand.
ing accounts because of the conflict
ing Influences of bullish spot adyices
with unsettled conditions in the goods
trade and the approach of the Thanks
giving Day adjournment. After selling
at 21.35c, or II points net higher, Janu-
ary eased off to 27c, but was steadied
at that level by trade buying and later
advanced to 27.42c on covering An
other furry Of liquidation came late in
the afternoon, however, and that de-
livery closed at 2728c, with the gen
eral list closing easy, net 10 points
higher to Is points lower.
According to Manchester cables re-
ceived early yesterday, the Lancashire
goods trade seems to be confronted
with conditions similar to those re-
ported in the domestic markets. Can
cellations are reported of goods both
completed and in the looms and bust
ness is dislocated in consequence
Such reports serve to strengthen lhe
impression that civilian business IS nov
expanding rapidly enough to ohssV 'ns
falling off in the demand for war pur.
poses. and the situation in this respecs.
is supposed to be checking demand
which might otherwise be inspired ., Dy
the bullish spot advices and prospecs
for increasing exports. No expors
were reported yesterday. Soutne,.
spot markets as officially reported Ws,'
unchanged to so points lover, gens'
ally unchanged.
The local market for spot cotton VI. ".
quiet and Is points higher at S.M
for middling upland, compares. WIZ ~
29.60c the day before and Sl.Syc y,
year before. There were no sales -
spot.
The range Of prices follows: 60.
New-York tribune., 1918-11-28
u. s. Rubber Earns $21.64

The consolidated statement of the
United States Rubber Company for the
six months ended June 80 last disclosss
total sales of S1OS,515,725. General e1.
penses and taxes amounted to sS2,4SG..
561, leaving operating profits for the
period of $26,076,164. Federal and c.
madam taxes paid during this time to-
tailed S3,S01,S $50. First preferred div
dends paid We're S2,468, 1888 and second
preferred S12,108. Surplus was 81
T92,709, or the equivalent to s2ls4;
per share earned OH the S36,OpO OOO
shares of con mon stock. PrnA, AMI
loss surplus amounted to S39, ,64S,N6.
New-York tribune., 1918-11-28
Victory Bonds Are
Not To Be Listed
Prices Named for All Trades
in the New
Issues
Special to The Tribune

TORONTO, Nov. 27.-Trading in the
Victory Loan of 1917 will be resumed
on Monday next, December 2, and on
the same day trading in the Victory
Loan of 1913 will start, according to an
official announcement. Both loans will
be handled through the Victory Loan
Committee, which is composed of the
same officers as the committee which
handled the Victory Loan of 1917 be-
fore the operations of that committee
ceased temporarily.
Neither of the Victory Loans will be
listed on stock exchanges for the
present.
The prices at which the Victory
Loans of 1917 and 1918 will be sold
have been fixed as follows, according
to maturity:
New-York tribune., 1918-11-28
A So, 500, 900 Walnut Crop

California's immense 1918 cron ~
wainuts Is more than half harvested.
IT is now apparent that the present
season will be the most satisfactory Of
any in the history of walnut growing
in this state. The crop is the largest.
and the quality and price are the best
ever known. The results of this years
campaign constitute tremendous
boost for cooperative walnut growing
From $1,000 acres the walnut growers
will sell $500, 900 worth Of nuts Los
Angeles Timer.
New-York tribune., 1918-11-28
The Dollar in Foreign Exchange

Quiet prevailed in the foreign ex-
narrowly as rule on small volume
OF business. Swiss cables were slightly
iiirmer, while an easier tone developed
in Spanish pesetas.
The premium on New York funds at
Montreal continues to decline and on
the movement this week has fallen to
l 1s per cent, compared with 21-32
about a month ago. Canadian bankers
attribute the tendency in part to pay
ments on account of American muni-
tons orders; also to the establishment
of private grain credits
Closing rates Yesterday, compared
with week ago. follow:
(Quoted dollars to the pound.)
New-York tribune., 1918-11-28
Detinnis1g Sales Larger

Sales for the quarter ended Sen+em-
ber 80 of the Vulcan DEFINING Com
pany amounted to $452, 1872 an Increase
Of S23,o21 over the preceding quarter.
After expenses, etc, had been paid
balance was S70,545. Depreciation.
taxes, etc, totalled $4,000, a decrease
of $4,000. Net income WAS $50, 1857,
or $1b,632 smaller than III the June
quarter of the current year.
New-York tribune., 1918-11-28
Wealth Markets and Commerce

Section of the War Industries Board
has notified all steel manufacturers
that it will discontinue ALLEGATION of
steel on November 80, and thereafter
dealings will be directly between the
government and other purchasing
agents and manufacturers. A confer
ence at Washington December IL be-
tween the manufacturers and the Price
Fixing Committee, may result in eX-
tending official prices. with or with
out change, for another three months,
but there is q growing feeling in favor
Of an early return of the industry to
a free basis''
New-York tribune., 1918-11-28
Railway Steel Spring Co.
Increases Dividend

Directors of the Railway Steel Spring
Company voted Yesterday quarterly
dividend Of 81 a share on common
stock, putting the issue on an annual
basis of So, compared with S5 pre-
vlously paid. The action of the direct
ors was not surprise in Wall Street,
as it had been reported for several
months that larger regular disburse-
ment on the common stock might be ex-
New-York tribune., 1918-11-28
Money and Credit

The easier tone that has prevailed in
the money market for the last day or
Two was in evidence again yesterday
Bankers said that the principle reason
Tor the tendency was the slackening in
the demand rather than any large in
crease nj the supply of funds, although
it is true that money has been coming
to New York from the interior in larger
amounts and this has been factor in
lowering rates.
AT the Stock Exchange call money
secured by railroad and industrial col
lateral mixed ruled at 51s per cent,
with loans made in the afternoon at
5 per cent Call loans on straight in
dustrial collateral were quoted u per
cent higher.
Time money continued to be offered
more freely and rates were quoted at
6 per cent bid for practically all ma
turtles.
Ruling rates for money yesterday.
compared with year ago, were as
follows:
Yesterday. Year ago.
Fer cent. Per cent
Call money: '''
New-York tribune., 1918-11-28
Chilean Exchange Seems ps..o,,,

AS the reports of a break ,..,...
Chile and Peru reached 0eiSesl eI;s
chilean exchange rates remained s;iiasA s,aas
and led bankers here to l douht s'eiol az
preclpltate action would come ma raa
movement of rates in Chile has Inc .ae
considerably in favor of New yorh 5,~S uesa ,s
ing the last few months. but fo, 1r'A n,os oaI-
a week the market has shown Hss,lv ,;s,i
change and reveals no signs Of w.r ,.'0e
New-York tribune., 1918-11-28
Steel "Ex' To-mor..

In the recent stock msrn..
;ron ;nn &c, comment has been heard cops.a Tps'a''
n. ing the e. relative strength Of 'Jrs''n, rs'' ,
States Steel common, and ;ts ~ 0nl'sd
20 seillng pressure was attributss ,s's',' =
some quarters to the fact tb.t '0 ID
row the stock will sell "exe ths s',nl'l-
' !erly dividend of a's per cent, Sra'. T'.
includes the regular ousrtaS,.. ', iAl'
pursement of IL per cent sny s,liy dls'
cent extra declared at the las4 sAu rr
OF OF the board. Yesterday ,"S' meeting
steel was unable to stem tbo Hoew.seTes,
seiilng orders that appeareI Ie tlae Of
Garner e. trading it sold as high &c "a ,Oda a'
put later it declined to 9sis whav aS auVs
closed with a net loss of 2lk ~ no;ns Were u
New-York tribune., 1918-11-28
Gulf States Company Earnings

The nine months report of the Gulf
States Steel Company shows net earn
ings amounting to 81 ,662 1903. Other in
come amounted to $S0,705, bringing the
total income to S1,742,813. Taxes, de-
probation, etc, totalled S680,32l, and
Interest etc, was $29, ,441, leaving net
income to September 30 of S1,033.051
New-York tribune., 1918-11-28
Relevant Commen,
sfudebaker Financing Reno..

On On renewed reports that =.
pany contemplates a new ,ss,,a .As COZ
ono preferred stock to prov;s' 0i sec
sbomas s10mal working capital stus.s.s nd adj
sh0med sh 'a9 further weakness and dI4asssl', sss'
to 49,, compared with the s4u ua.as decline
tb tbere rs IS s.s At the closing price - a' R
connection rector. with the comns,p9 = points. h
ing plans it was reported dPanys faans.
no, now IN Washington W confsr,;f or an ;oficisl i
members OF the Capital itlInr,ng Iysng Wit
New-York tribune., 1918-11-28

All quotations "and interest,"
There has been an agitation to have
the Victory bonds of 1917 listed on
the open exchange. The argument
advanced was that the bonds were so
popular that they would continue to
sell at a premium even under unre-
strcted trading conditions. Bids as
high as 1O2 have been made for
blocks of the 1917 bonds of 1887 ma
turity, according to reports.
New-York tribune., 1918-11-28
News Digest
Foreign

Paris Bourse.-PAR1s, Nov. 27.-
Trading was inactive on the Bourse to-
day. Three per cent rentes, 62 francs
30 centimes for cash. Exchange on
London, 25 francs 90 centimes. Five
per cent loan, 81 francs So centimes.
New-York tribune., 1918-11-28
France Seeks Loan in Canada

MONTREAL, Nov. 27.-The French
government will shoxtly announce the
Aotation of q loan Ia Canada, presum-
ably with etview TO providing credits
for the DuzJas Of materials to cnter
into the xecdnstuction work in France.
New-York tribune., 1918-11-28

=, ne Federal Reserve Bank of New
ork has put in force the following
scheduie of rediscount rates which ap-
ply TO bankers acceptances: Maturities S
up TO 10 days, per cent; 16 to 60
days, inclusive, Az per cent; 61 to 80
days, inclusive, Ak per cent.
Bank Clearings.-Bank clearings yes
terday in New York and other cities
were:
Exchanges. Balances.
New York -. $629,261 1851 $62,71e61e
Baltimore go. 14.563,882 7,105, ,260
Philadelphia. 79,664000 20,e31,O52
Pittsburgh 49,. 23,744379 7,727,850
Silver.-London, 1880, unchanged:
New York, 101 &c, unchanged; Mexican
dollars, 77hc. unchanged.
Sub-Treasury. The banks gained
S923,0O0 from the Sub-Treasury on
Tuesday.
Canadian Bank Statement-The COM
blned statement of the chartered banks
of Canada at the close of October com
pares with year ago, as follows:
Oct 81, is Oct. 81, IT
Circulation 1927, ,57e, 1903 $18e, ,s52, ,eo7
Demand dep. 644,220.990 495,058, ,449
Notice dep. 1,Q6,5 1000 985, 5,790,S5o
Dep elsewhere. 224,2O1 ,O96 181,7oe 457
Gold ...... 79,47O,854 74,95Oe07
Dominion notes 167,225,818 137.65O .426
Call loans in
Canada ... 73,685.136 71.6537tq
Call loans else
where ...... 157,o4o,858 151,o18,747
Curr loans in
Canada .... 1908 $4,000 883. .o86 86n
Current loans
elsewhere :. 112,869.39 o3.821. .9o5
London Money Market.-LONDON.
Nov 81. Closing: Money, per cent.
Discount rates: Short and three-month
bulls, 3 1872 per cent. Gold premium
at Lisbon, 5000.
New-York tribune., 1918-11-28

New York Dock Company
October gross go. $461 $50 Inc. sr5.s4e
Surplus aft. charges e1.17e Dec. e464
10 months gross 4,446. .5s4 Inc. 47s.6se
surplus ......... 952.191 Dec. 34.765
Pittsburgh, Cincinnati, Chicago & st. y,ou;s
October gross 49,. $s.ee6.414 Inc So, ,47o. .2e2
Net oper. income 978.62O Dec oa 4O7
10 months gross. 72,24s.e42 Inc 10 ,sss, ,76a
Net oper income. 1851 ABS Dec. 6,747. .946
Union Pacific Railroad COMPANY
October gross. g. SIC, ,So7,725 Inc So 7SS 374
Net oper. income. 4.971 .959 Inc. 1877, $50
10 months gross. 80,756. .487 Inc ia, SOC, ,e5t
Net oper. income. 3O.335,541 Inc. 9,o43, ,631
Canadian Northern Railroad Compapv
October gross $5,175,ooo Inc 81 2s3, 400
Net after expenses. 8f9,5OO Inc. 22e 400
months gross >. II, ,SeS 900 Inc ass 200
Net after expenses 1537.7o0 Dec. 977, 400
Lehigh Valley Railroad Company
October gross ...- $6,2o2. .522 Inc 81 1922, t49
Net oper. income. S5et95 Inc an ono
10 months gross. 50. $50 rnr 7do' s7a
Net oper. income. 6.5o3.8S4 Dec 1923, ,se1
Wabash Railroad Company
October gross $6,o67 $50 Inc. 81 1887 ,ofs
Net oper. income. 1929 Dec 40 900
10 months gross. a9.4tS,66o Inc. 6,e66. .96s
Net oper. tncome.s 2.874,O63 Dec 8 sao ofq
New-York tribune., 1918-11-28
Wall Street Items

H. II. Walthour has become asso-
ciated with the New York Stock Ex-
change firm of E. II. Hooley G. Co.
New-York tribune., 1918-11-28
small, with country banks the principal

Bank Acceptances.-In keeping with
the general drift Of money rates quota
tions for bank acceptances were low
cred slightly yesterday. The offerings
were lighter.
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent.Per cent.Pe- cent
E G b lc
m NJ cr
banks. .42 @4 43s@4la Az @4A
K | ig b lie
nOn-mem-
Der banks.4h @4a 475@414 4ss@4A
Ineligible
bank bills.5a@5 5La@5 5H@5
For delivery within thirty days:
Per cent
Eligible member banks ....... Ais
Eligible non member banks. ..... as
Ineligible bank bills. s
New-York tribune., 1918-11-28

The Guaranty Trust Company of
New York will be ready on Monday
December 2, to deliver the defnitive
notes of the issue of $2O0O0,0O0 Lig-
gett & Myers Tobacco Company three
year per cent notes.
New-York tribune., 1918-11-28

Announcement was made yesterday
of the sale of two seats on the New
York Stock Exchange, the price in
each case being $4,000. The price at
which the last previous sale was made
was $4,000. J. Edward Thompson sold
his membership to Edward Nj. Hamlin,
while the seat of Charles H. Boynton
was sold to Otto Abraham. Edwin D.
Levinson and Charles L. Morse have
been elected to membership on the
exchange.
New-York tribune., 1918-11-28

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial,
paper for all periods up to ninety days:
New-York tribune., 1918-11-28

Commercial Paper.-Discount.n Is
gong on moderately at per cent for
all maturitics. The local demand is
New-York tribune., 1918-11-28

Yesterdays cotton statistics foli's,
Yesterday. Last wk. lsssss sss
Port receipts. 26.523 25,4S5 ~
EsD0F's FsDoF's season ,.1es.77a 1osssss tssssls s
N. y. stocks 13f. .447 fS6.1ss an,ss;i
Port stocks ~ .3o6.75 1.417.753 ~ % sse
Interior receipts 23.o3o 2i.51l ossN
Interior shipm'ts 23.552 1884 rs
N. Y. arrivals 1885 6,s1o
Southern spot markets iol,vrs oo a.
Galveston steady, unchanged al ouSs. s,,;s,
sales, 1900 bales. New Orleans gals' gals.
unchanged at 29.75: sales. l,OSo o. yslss sss
Mobile nominal, unchanged az I'm m.
sales, nil. Savannah nominal, ali
changed at 29c; sales, nil. Noi'lsss Us
nominal, unchanged at 277o; s,, !,
nil. Augusta quiet, 81 points Lower oas;, 4
PISS; sales, 1879 bales. Ne Mempspsl J %
steady, unchanged at soc; sales, s''Sst X
bales. Houston steady. unchangeno IL i
29.9O, sales. sos bales. Little A, q,
quiet, unchanged at soc; sales' =
bales.
Liverpool Cables.-Spot cotton y as.,' ea,
at 8 points decline; middling, ~. Sv.ll I'll
good middling, 2022d. Sales, i,ouv, .sr =
American. Imports, $4,000; amoa'hi MI
1000. Futures opened quie. Il.
steady and unchanged to poih@ =
80
New-York tribune., 1918-11-28

The above rates express The cost Of
foreign money in terms of the Amer
lcan dollar. You buy an English pound
sterling, say, at s4.7595. The intrinsic
parity is $4.S6% per pound. ~hus YOU
say either that pounds ares a dis
count or that collars are at premium
yhch is owing TO the fact that in Eng.
land 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 to settle ac-
counts in England.
New-York tribune., 1918-11-28

London Money Market.-LONDON
Nov. 81 27-Closing: Money, 3 per cent.
Discount rates: Short and three month
bills, 1872 per cent. Gold premium
at Lisbon, 5000.
New-York tribune., 1918-11-28

Nominal.
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., 1918-11-28

On mixed collateral 5L2 3
On industrial c1'tl. 6
New-York tribune., 1918-11-28
Finance Economics

WALL OFFICE: Telephone
Building, ST.
New-York tribune., 1918-11-28
Corporate Returns

New York Dock Company
New-York tribune., 1918-10-13
Nev Plays This Week

ICESDA-A the Fulton Theatre Nathan D Smith
present "A Stitch in Time comedy Bailey
and Lott NJ Mcaney Irene Fenwck a modern
Cinderella Others in the Carlyle Robert
Cain Earle Mitchell Evelyn amplen David
Higgins an j. II. Gilmour
ThuRSDYA the Harris Theatre presents Bertha Ks
play entitled THE Riddle and
Dorothy Donnely The thr
DANISH play Jacob The N
The story modern The will Auson
Chrystal lerne Albert
ulce Allen Beatrice Miller Betty and Pei Weson
the C,rn
present The Better Ole Captan
fathers cartoons of tho colaboratod
Captain Bruce Baimsfather comedy
hev can "a fragment France
snort attack The Cob,,
Mrs Cobun will Campbell will he ana
Charles McNaughon will be famous
There Will -
npolaed during the Knigbt
the ''Se''s
At the Century Theatre Julie Lee sbur will
present Tor the first time the big spectacular play F Frecd NV
Lewis ind and E. iyal Swete Norman ONel Narca
van Dresser who has grand opera and ~
WIZ appear he ue role OF Freedom
cast ncrde E. lyal Arleen ]
marry irvine H. f. Lee HILL Erie
on Eva Randolph Clara Eames others Freedonv NOT -
Inc play is IN twenty-five course Of cion h
one thousand characters famous history Events ori S
growth OF freedom through the each treated ~ ~
om ana though co,os
oon the essentially drama
tune" j. Monroe Hewlett designed executed the scenery
New-York tribune., 1918-10-13

lifeless scenery. A scenic artist sits
at his desk and sends out sketches to
mechanical departments for manufact-
ure and then the parts are brought to-
gether and assembled before him. And
the result is something hard and me-
chanical But Jones keeps the fuency
and translucency of his idea throughout
by entrusting no work, however me-
chanlcal it may seem to any but ar
lists hands. Wherefore he has had to
learn all the crafts allied to his art
tailoring and carpentering and scene
painting and electrical work. Those
simple, almost empty stage spaces are
infinitely demanding. A single Earring
note and their effect is lost For in
stance, the third scene Of Redemption"
is a beautiful, aristocratic interior. It's
furniture is merely two chairs. Yet
an effect of indcscribable grace is OBJ
tanned by the hanging of two oval por-
traits on either side Of beautifully
spaced French window To be of the
right tone these portraits could not be
~"J '''iiS Dut tiiS DCSt, anu SluCc tNe
producer could not afford the best,
Jones painted them himself, i'm
pressionistically but achieving the ef-
feet. Or he may need to go into re-
mote corners of the city in search of
the right property or the right ma
/ terial for a costume. And the pur-
pose of it all is that his work should
be harmonious emptiness inhabited
by the play. The ideal achievement
of the maker Of the interior is that one
should not be aware of it, There is
! only a moment following the rising Of
the curtain when the stage setting gives
the pitch for the performance, and for
that single moment one must achieve
something in perfect sympathy with the
play. His ideas about furniture are
whimsical, but they illumined for me
the reason for the stodginess of ordi-
nary stage interiors. Stage furniture
comes from a furiture exchange which
rents it out to managers of plays and
moving pictures. 1t is furniture that is
used over and over again, and it is
tired, Jones says. 1t has lost it's fresh
ness. Without really becoming old, it
has become stale. How can one create
New-York tribune., 1918-10-13
Robert Edmond Jones
BY Rebecca Drucker

II is difficult to set the key in which
to talk of Robert Edmond Jones. One
may speak of him as genius (Which
he isl and ALLEVIATE those honest people
who have become gun-shy of the word;
or one may call him an insurgcnt and
deliver him up to the faddists-or one
may call him a craftsman, and mystify
generation which has lost the mean
ing Of the word.
To reach his pleasant little work
shop over the Plymouth Theatre one
walks through the dim Sabatical quiet
OF theatre in the morning. AT such d
time, no matter what ribaldry disturbs
it at night, every theatre regains its
ness and quiet seem q waiting shrine
But the little workshop is cheerfully
secular. Here are all sorts of bits Of
materials with which Robert Jones
works-bits Of gauzc, ar embroidered
garment, sketches, paints-the cheerful
confusion out Of which creation comes.
Jones admits one freely and talks
chcerfully-with that abundant en-
thusiasm of the man who is filled with
the spirit of his work. He is tall and
specialized and bearded, and yet his en-
thusiasm makes him boyish. His head
is finely shaped and his hands are, OF
course, the hands Of an artist, and then
he turned them over and ! saw that
they are the hands Of an artisan, too.
They are blistered and calloused "That
comes from working on the scenery y
he said.
Then his theory of craftsmanship
came out 1t is not enough that man
should sit and draw sketches of sur
passing beauty and imaginativeness
unless he himself has the resouroeful-
ness to accompany his creations through
to their fulhlment they become so much