davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-01-15

Relevant Comment
Argentine Exchange Falling

Sire. Snturfay exchange on Argcn-
tina has rsll"n NOR. than 3 points. The
market quoted rate Of 99H cents to
the dollar yesterday, compared with 96
last week tn" close uas at 98ls. This
compares with nnrmnl par of 103 u
Foreign Exchange brokers' said the
rapid decline in the rate on Buenos
Ayres from the recent high record level
indicates that the governments plan to
improve the position Of the dollar in
Argentina and other South American
markets is beginning to bear fruit.
New-York tribune., 1918-01-15
CENTRAL PACIFIC RAILWAY COMPANY
Three and One -KaIf Per Cent.
Mortgage Bonds.

Notice is hereby given that. pursuant "a
the provisions OF Article Nine Of the NOR.
gage from this Company to the United
States Trust Company OF New York. 'rrus
tee. dated August !, 1893 th;s Company
has set apart out Of the net income derived
by 1t from the lines of railroad therein
mortgaged the sum of Twenty five thousand
dollars IN trust to be used TO redeem said
bonds, and that bonds issued under said
mortgage will De redeemed herewith Bids
are hereby invited FOR the surrender O. such
TO the amount OF s25 300l3 in the Sinking
Fund.
Such bids should be presented to thi,
City Of New York, on or before the 9TH dsy
of February. 1918. al twelve o'clock noon.
and should he endorsed Bids for Surrender
OF Central Pacific Railway Company Thres
and One-Half Per Cent. Bonds "
CENTRAL PACIFIC RAILWAY CO.
BY WM. f. HERRIN, President.
Dated January T. 1915
New-York tribune., 1918-01-15
Dividends Declared

Illinois Northern Utilities Regular quar-
serly dividend of y per cent on the pre-.
d Ierred stock, payable February ! to stock OF
record January -.
:: ,:,,.eii Jewell Tea Company.-Rc Regular quarterly
nis W iuehd OF -. per cent on tn. preferred
March 20
!, onio Cities Gas. Regular quarterly div
ueho ,'.n OF 81 % on the common stock, payable
eo' uary 10 stock of record January u.
!, oseeoia Company Regular quarterly diyi..
,e1, reiu OF -. payable January 81 to stock OF
National Carbon COMPANY Regular quar-
.ery dividends of 81 on the common stock
lnu ~ per cent on the preferred stock. payable
eoruary to stock of record January 70.
New-York tribune., 1918-01-15

The stock market seems to have
reached an impasse. The stimulus
impaired by the favorable reception
of the Presidents railway control
proclamation has worn off, and
trading again is almost wholly in
the hands Of professional traders,
with the volume Ct dealings small
and prices drifting aimlessly That
the so-called "outsidc element" is
holding aloof is evident from the
fact that the market is utterly un-
responsive to news. Early last
week there was conjunction Of ap-
parently favorable developments,
but transactions showed little or no
expansion and the price movement
was narrow with no pronounced
trend Now the outlook is less
favorable, and the market is even
more stolid. This condition is
natural as far as railroad stocks
are concerned, because coal prob
lens and the like are of compara-
lively little importance to railway
stockholders. They now are inter
ested chiefly in the outcome of the
impending battle for adequate COM
pensation under government opera
ton. But it might be expected
that industrial shares would reflect
in greater degree than they have
the danger that great curtailment
of operations and serious disorgani-
zation may easily result from the
coal and transportation shortages
These dangers seem imminent; in
deed, the authorities frankly admit
that they are, and certainly they are
grave enough, but the stock market
reflex thus far has been unim-
portant. Prices have declined a
little, it is true, but apparently the
decline has been due to professional
operations rather than to important
That there has been no
great pressure to sell under the cir
cumstances strongly suggests that
the market was, as was freely as
serted at the time, over-liquidated
in the long sustained decline which
reached q climax last December.
In the opinion of good many OBJ
servers, momentum carried that
movement too far, so that some is
sues not only discounted all that has
happened, but considerable that
hasn't happened and isn't likely to
happen.
New-York tribune., 1918-01-15
New York Life Assets
Exceed 5000, 100000
New Business Written During
1917 Amounted to
$316,OOO,OOO

Assets of s934,929,3S1, the property
of over 100000 policyholders, are dis
closed in the seventy-third annual re-
port of the New York Life Insurance
Company for 1917.
The company's mortality rate for
that period was the lowest in it's his
tory. New business for the wear
amounted to s316,0OO,oOo, with total
outstanding on December 81 of $685.
100000 Policies paid during the year
aggregated $S7,0O0,o00. The company
owns Liberty bonds valued at s12,075,-
coo.
New-York tribune., 1918-01-15
English Brcweries Prosperous

Latest reports of the English brewery
companies show that the industry is
enjoying a degree of uniform Prosperity
which is surprising in view of the re-
strictions which have been placed upon
it by the British government Profits
of Samuel Allsop & Sons for the year
ended September so last amounted to
s239, ,715. against 2l61 ,8O1 the year be-
fore. Huggins e. Co. more than dou-
bled their profits, and the Edinburgh
United Brewery has oeen SO prosperous
that 1T is paying off four years back
dividends on it's preferred stock
New-York tribune., 1918-01-15
News in Brief


Eng gland.-LONDON. JAM "A 1a"Tba ~,
STOCK market had a cheerful tone to-
DAY, but the transactions were onlv
moderate. Orders from the provinces
were smaller owing to the success Of
travelling tanks in absorbing money
through the sale of war bonds in the
principal centres Rubber and oil
shares and Argentine rails received
the chief attention, but there was suf
lclent business 10 maintain home
lunds on steady basis. Russian and
Spanish issues were weak.
Paris Bourse.-PARIS. Jan. II
Trading was quiet on the Bourse to-
day. Three per cent rentes. So francs
70 centimes for cash. Exchange on
London, 27 francs IS centimes. Five
per cent loan, SO francs so centimeS
New-York tribune., 1918-01-15
Liberty Loan Payment To-day

The fourth and last instaImcnt on ac-
count of the second Liberty Loan sub
scriptions is due to be paid in to-day.
NominalN this instalmcnt calls for a
40 per cent payment by subscribers.
Actually, however, there is less than
100000 remaining to be turned in, the
total amount received up to January l |
by the Treasury Department amounting
to Sc, 3,643. OCT. .694
New-York tribune., 1918-01-15
New York

Agreement on ID. & r. G. Judgment
Expected Directors of the DenSer r.
Rio Grande and financial interests
identified with the Western Pacifc are
making strenuous efforts to come 80
gether on plan for some sort of settIo
ment of the S3S,00O.Oo iudgr,sn+
awarded the Western Pacific bonShn1d
ers against the Denver company, II -
expected that an announcement of 90 80
New-York tribune., 1918-01-15
Roads Lose Fight
On Fare Decrease
illinois Central Must Refund
$3,000,O0O by Supreme
Court Ruling

WASHINGTON. Jan. 1.-THE Illinois
Central Railroad and twenty-eight
other roads. by an opinion of the Su-
preme Court to-day, lost their fight to
have the Illinois two-cent passenger
fare law set aside.
Federal DEGREES dismissing proceed
lngs instituted by the Illinois Central
to restrain the Illinois Public Utilities
commission from placing into effect
the tWo-cent rate were sustained.
The court also affirmed the lower
court opinions, which held that the
Interstate Commerce Commission ev-
ceeded It's authority in issuing an order
which brought about the suspension Of
,he two-cent rate. fixed by law. and
the substitution of rate not eycead
ing 2.4 cents. ~
1--WE hold here that the commissions
order cannot be given precedence over
state rate established by law" the
court held, Except where it is made
TO remove a disparity between a State
and interstate rate"
CHICAGO. Jan. Ia 1t was said to-
gay, upon receipt Of news of the m
holdlng OF the Illinois two-cent fare
IA" by the Supreme Court of the Unit
ed States, that Illinois railroads viii
naNe nay to refund approximately $1,000
4oo 1o,- OF excess fares paid since Nav i
New-York tribune., 1918-01-15

Commercial Faper.-A somewhat
easier tendency was noted in the COM
mercal paper market, rates being 4
per cent lower or the average. A good
demand was reported from institutions
and the market is quoted on a 81. to
51a per cent basis.
Official rates of discount for each of
the twelve Federal districts are as
follows:
New-York tribune., 1918-01-15

Stolid and dull as it is, the stock
market seems active when con-
trasted with the bond market, par
ticularly "over- he-counter" busi-
ness, which is the most important
market for bonds. One investment
security house of highest standing
is doing no more than IL per cent
Of the normal volume of business,
and, Judging from reports, it is
probably doing better than some
houses Of similar character. Un-
fortunately the chances are that as
the war proceeds and huge govern
ment loans follow one another in
rapid succession investment brokers
will fare even worse than at present,
not only because the major part of
the investment fund will be alb
sorbed by government loans, but be-
cause the interest rate on such loans
probably will tend steadily to in
crease. And that will make in
evitable a readjustment of the prices
of existing bonds to the new stand
ard of return, which will be meas
ured by the yield on Liberty bonds.
1t is hard to do business on falling
market.
New-York tribune., 1918-01-15

The above rates express the cost Of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling at. say, $4.75l4. The intrinsic
parity is s4.S65s per pound. Thus. YOU
say either that pounds arc al a dis
count or that dollars arc at a premium.
which is owing to the fact that in Enc
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., 1918-01-15
S. S. kresge Report

Inc 5. S. Kresge Company reports
sales of s4,725.S35 for the month OF
december. an increase of 1922 per cent
compared with December 1918. Sales
Tor the twelve months were $50, ,o9o. zoe,
an increase of 1894 per cent over last
year.
New-York tribune., 1918-01-15
Pacific Coast Company
Carolina. Clinchfeld & Ohio
Dividend CHANGES

Isle Royale.-The company has re-
Guced It's quarterly dividend from 81 to
90 cents, payable January 81 to stock
Of record January II.
New-York tribune., 1918-01-15
Elections

W. P. Conway, Henry F. Kroyer and
Charles d. Lithgow have been elected
directors of the Cuba Cane Sugar Cor
poration. to succeed Cornelius \. Bliss,
u, Orestes Ferrara and G.. II. Whigham.
New-York tribune., 1918-01-15

One good reason why the next
Liberty Loan should not be offered
below par is that holders Of the out
standing issues would be cheated if
that were done. These bonds are
convertible par for par into future
issues, and to offer the Forthcoming
loan at, say, 96, as has been sug-
gested, would be tantamount to par
tial reputation in the case of those
who might wish to convert. Those
who responded to the governments
appeal for subscriptions to the first
and second loans are morally en-
titled to an opportunity to convert
into bond bearing a higher rate Of
interest, if it is found necessary to
raise the rate. The government
must keep faith with them.
New-York tribune., 1918-01-15

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., 1918-01-15

Chile Copper's Production-In In De-
cember the company produced $4,000
pounds of copper. compared with S,s72
coo pounds in November and 10000
pounds in December, 1915.
New-York tribune., 1918-01-15

flowing for dividends on the preferred
STOCK and for war taxes, the balance avail
able tor the s5,o00o00 common stock was
equal TO sl336 share. against sl3.s5
share in 1916
New-York tribune., 1918-01-15

agreement which Will prevent receiv-
ership for the Denver road will be
made some time this week
New-York tribune., 1918-01-15
Corporation Returns
Manhattan Shirt Comnany

Comparison of the companys consolidated
proht and loss account follows for the fiscal
year ended November so, 1917:
New-York tribune., 1918-01-15
J. MCCORMACK. Auctioneer.
ADRIAN II. MULLER & son
VIII sell at auction or
TUESDAY, JANUARY 18th, 1918,

at the Exchange Salesroom,
Nos. IA and Is Vesey Street
For Account of Whom 1t May Concern
$50, o00 Bond & Mortgage made by Hunts
Point Garage Co. Inc. to the Co.
lumbia Construction Co. dated Oc-
tober 18Th. 1915. on property Nos
"34. 936 G, 93S Southern Boulevard
\. Y. City.
New-York tribune., 1918-01-15

London Money fiarkct.-LONDON.
rates-Short bills. 331-32 per cent;
three-months' bills, 1-32 per cent
Gold premiums at lisbon, 1000.
New-York tribune., 1918-01-15
Missouri. Kansas & Teras

1917 1916
November gross s4.23e. .soi s3.6o7.57o
Net after taxes o7o So7 7o1 26l
surplus after charges 337S47 1t4.N5
eleven months gross. 80. 1925 3se 33.o1o,0e2
t,. Net after taxes 49,. 7.4o2.753 4.e60S4o
surplus after charges. 1.243, ,2oo @1,3s2,2ss
*Defcit
New-York tribune., 1918-01-15

Bank C1earings.-The days clcarings
at New York and other cities:
Exchanges Balances.
New York. 80. S376, $50, 1884 $685. ,229
Boston. 36,379,589 8,O92,315
Philadelphia... 57,20as9o 8,565,035
st. Louis. ... 26,762,843 7,O13,761
New-York tribune., 1918-01-15

Boston Bank Statement.-The weekly
statement of the Boston banks showed
decrease Of s3,152,oo0 IN loans and
discounts and a decrease of 81 1,235,C0O
in cash surplus in the Federal Reserve
Bank
New-York tribune., 1918-01-15

Sub Treasury. - New York banks
lost to the Sub-Treasury 1000.
Silver.-Bars in London, 451sd. un-
changed; New York, 9Ohc, unchanged;
Mexican dollars, 73c, unchanged.
New-York tribune., 1918-01-15

*Defcit
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
SIKH BOY SCOUTS IN CHINA.

China has a new division of boy
scouts, whose investure recently made
quite stir In Shanghai. They are
the new order Of Sikh boy scouts. and
they wear the conventional khaki with
pride. but II is their green and white
neck cloths and their red and white
turbans that give them their Indian
picturesqueness.
Many interested spectators watched
the ceremonies attending their organ
ization. The boy scout troops of Shang-
hal, the Wolf Cubs Cor junior scouts)
and the Sikh troop formed into three
sides Of a hollow square on the lawn
OF the Sikh Gurdwara, and the young
Slkhs stood at attention in the center
while Sir Everard Fraser, X. G. NJ. c.,
British consul general and chief scout,
conducted the ceremonies.
The Sikh branch of the boy scout
brotherhood is but another indication
OF the way this movement Is gaining
In popularity throughout China. Re
ports come from all parts of the coun-
try Of the interest and enthusiasm
with which II is being taken up.
One Of the most pretentious displays
occurred In Picking recently. when over
a hundred of the Using Hua college
boys conducted boy scout exhibition
with much credit TO themselves and
pleasure to the spectators.
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
mAooo oEcoRATes BOY SCOUTS

''This is not the cross of tyrant.
II Is not an iron cross. II is a token
OF merit which would be credit upon
any soldiers uniform"
So said Secretary w. G. McAdoo of
the United States treasury to four boy
scouts in Colorado Springs who had
performed distinguished services in the
first Liberty bond sale. as he pinned
upon each a bronze medal.
THE boy scouts Of this country have
performed their work like real soldiers
In aiding the government In the sale
of these Liberty bonds" continued Mr..
McAdoo. "In my travels over the coun-
try have been forclbly impressed with
the spirit and enthusiasm Of the boy
scouts"
AS each boy approached Mr.. McAdoo
he gave the prescribed scout salute,
There was not a trace Of embarrass-
ment-the scout training eliminates
that-but each lad received his decora-
ton, saluted and returned to his seat
amid a veritable thunder Of applause
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
.HI1OIH
SCOUT S
Conducted BY National Council OF the Boy
Scouts Of AmericaD
ENDING "B0Y PROBLEM"

q. r. Wycoff, head Of the boy scout
movement In Terre Haute, recently
told the students Of the Indiana State
Normal school that he spent last sum-
mer at the Chicago school for boy
scouts, working with 1876 scouts who
had been taken from all parts Of the
city. and that he did not hear a single
word from those boys that was In any
way vulgar, which tends to show what
may be accomplished In the lives Of
the American boys through the carry
Ing out OF the purposes Of the scout
plan.
THE scout plan has proved an excel
lent means Of directing the boys into
the ways that will prove interesting
and at the same time instructive TO
him." said he. Through II the boys
learn preparedness, responsibility. the
value Of giving a square deal and fair
play TO do things together. II is an
education for character by doing.
There are many boys who may
never be reached by the influence Of
the school. church or home, but they
may be brought under the influence of
the scout program and their energies
turned into useful channels.
"The scout method puts on the one
side all the things that the boy is sup
posed to be and on the other the things
that he wants TO be and the two are
linked together IN the plan as en-
bodied IN the scout oath. The boy Is
thus led into some place in which he
will at later In life"
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
SPOKANE SCOUTS ARE PRAISED.

Lieut.. Col. @. II. Connor Of the medi-
cal corps In the United States army
has written to w. Edgar Wylie. scout
executive Of the boy scouts Of Spo-
kane. WASH, to congratulate them on
the work done by the firstaid troop
on the night when an accident oc-
Cured at the Great Northern depot as
the Spokane quota Of the draft army
was entraining.
"The efficiency of these scouts" said
Mr.. Wyfle. lis all owing to the train
ing they received last summer. DIR.
w. N. Lipscomb for six weeks had
them under supervision and training
at Camp Dee Light and at the con-
clusion Of that period they won the
United States Red Cross medal In a
test the same as that given to any de
partment Of the organization. They
lost only four points out Of possible
4OO."
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
SUNDAY SCHOOL
Lesson 7.-First Quarter, Febru.
airy II, 1918.
THE INTERNATIONAL SERIES

Lesson Text, Mark 4;t-s, t4-2o-Mem.
DRY Verse. Jas. t:22-ooiden Text,
Gal. s:7-commentsry Prepared by
Rev. D. N. stesrns.
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
WAR MISSIONARIES
American Orators TO Talk to Men IN
the Trenches Of France.

The brotherly feeling OF America for
her allies and the determination OF
this country TO exert its entire might
for victory are to be carried to the
Englishmen and Frenchrnen In the
trenches by a staff OF American ora
tors, who will sail in few days. The
men TO be selected for this important
mission, who will be among the best
known speakers Of the country. will
tour the western fighting front and
the principal cities Of England and
France under the auspices of the Brit
ish foreign Office. They will be chosen
by the war council Of the Y. M. c. A.
The first man named is Rev. DIR. Sar.
tell Prentice, OF Nyack, N. Y, who has
been one OF the most active workers
in the National Security Leagues cam
paign OF Patriotism Through Educs-
ton in this country.
DR.. Prentice was one OF the princi-
pal speakers in the Red Cross $780,
100000 drive. He Is an orator Of I'M
usual ability and was one Of the in
structors at the speakers training
camp held by the National Security
League at Chautauqua last July. A
pamphlet written by him, entitled
How to Reach Your Audience" has
been widely circulated by the Security
League and Is being used by patriotic
orators in all parts Of the country. ap-
pearing both for the National Security
League and under other auspices.
II is expected that the sending OF
these men abroad will be followed by
an exchange Of British and English
speaking French orators. who will
tour our training camps and principal
cities.
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07

country, but OF
the Christian con-
sldered from a
military stand
point. The figure
OF the soldier is
used quite freely
In the Bible In
speaking of the
Christian, and we
are justified in
applying that fig
ure TO the modern
Christian. There
are several things
In n soldiers ex-
perience today
that belong TO the
Christian and TO
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
BIG WAR CONGRESS
National Security League to Hold
Convention Of National serv-
ice" In Chicago.

The National Security League win
hold its next annual convention In
Chicago, February 81, 20 and 20.
Sponsored by an invitation committee
including men and women of the high
est prominence in all walks Of life In
the country, the League expects fully
ten thousand delegates to assemble
at Chicago for elaboration on the pro-
gram OF war problems which 1t has
outlined
The gathering will be styled "A Con-
gress of National Service" and will bs
more upon popular educational lines
than any of the previous conventions
of the Security League. The invita-
ton is signed by the following noted
persons:
Thomas R. Marshall. vice-President OF
the United States.
Theodore Roosevelt. former President
of the United States.
William Howard Taft, former Presi-
dent OF the United States.
His Eminence James Cardinal Glib
bons.
Samuel Gompers. president OF the
American Federation OF Labor.
Jacob M. Dickinson. former Secretary
OF War.
Judson Harmon, former Attorney
General OF the United States.
DR.. John Grier Hibben. president OF
Princeton University
DR.. Edmund J. James. president of the
University OF Illinois.
DR.. Harry Pratt Judson. president Of
the University OF Chicago.
Samuel w. Mccall. Governor of Mas
sachusetts.
Samuel Mather, Cleveland, Ohio.
z. T. Meredith. publisher of Success
full Farming. Des Moines. Ia
John Purroy Mitchell. Mayor OF the
City OF New York.
Mrs. Philip North Moore. president OF
the National Council of Women.
e. w. Nicnols, superintendent OF
Virginia Military Institute. Lexing-
ton. Va.
DR.. Frank Mason North. president
Federated Council OF the Churches
OF Christ in America.
Charles Edward Russell; editor and
publicist.
Mrs. Oordenio A. Severance. st. Paul.
MINI.
DR.. Anna Howard Shaw. chairman
Women's Committee. Council OF Ma
tional Defense.
Philip B. Stewart. Colorado Springs.
Col
Frank 8. Streeter. Concord. N. Fl.
Booth Harrington.
H. St. George Tucker. Washington and
Lee University. Va.
Festus j. Wade. president Mercantile
Trust Company, st. Louis. Mo.
Henry Watterson. editor Of the Cour-
ier-Journal. Louisville. KY.
Miss Maude Wetmore. National
League for woman's Service.
Fl. A. Wheeler, Chicago. former presi-
dent OF the Chamber OF Commerce
OF the United States.
Luke q. Wright. former Secretary Of
War. Memphis, Tenn.
NEW PROBLEMS.
The Invitation reads In part:
THE war has forced new social.
political and economic problems on
America II is necessary that these
should be clearly and fully presented
TO the people. The nation must be
awakened through the united efforts
OF patriotic workers to the effect OF
the solution OF these problems on the
existence OF the republic. the success
OF democracy. and the preservation OF
the rights Of man throughout the
world"
The headquarters OF the convention
will be in the La Sale Hotel. Chicago.
In addition TO the regular meetings OF
the delegates and reports OF commit
tees there. a big meeting will be held
outside the hotel. probably at MedinaA
Tampls. ON Washington's Birthday.
The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-02-07
SCOUT FINDS cHILp's SKELETON.

Scout Perreault. aged twelve years,
Of Spencer. Mass. found the skeleton
Of a child. He and several other
youngsters were "chestnuting" In the
woods. when under a ciump Of leaves
and brush he saw a piece Of bone
above the leaves. Scouts are taught
not to display fear. so Perreault scat
tered the leaves and then discovered
the skeleton. The boy notified the au-
thorities. II Is supposed the child wa
lost In the woods long ago.