davidaulloa/AmericanStories huggingface dataset:
Evening journal., 1918-02-25
FOSTER MAY WIN
NOMINATION AGAIN

Considerable interest IL being mani
Tested I'm the meeting Of the Trustees
OF the Poor of New Castle county
which will be held on Wednesday OF
this week. as the annual nomination FOR
superintendent Of the County Hospital
and other officials will take place at
that time The nomination is equal
to an election. The present superln-
tendent. James w Foster, 10 Is said,
will be renomlnated For several years
the office has been sought by others,
but Mr. Fosters services have been so
acceptable TO the trustees that they
have continued him in charge.
Evening journal., 1918-02-25
FARMERS no AID NEIGHBOR.

Farmers in this county Will assist
George w. Blackburn, farmer Of
Hare's Corner, II he will accept it,
Within a week Blackburn has lost
fourteen cows and horses from giving
them condition powders which
poisoned them. A year ago he had
disastrous fire on his farm. and only
two weeks ago thieves visited his place
and stole i02 chickens.
Evening journal., 1918-02-25
CONDUCTOR KILLED
UNDER TRAIN WHEELS

Elijah Knox, aged 62, Of No. sos East
Seventh street, a freight conductor on
ten Pennsylvania railroad, was almost
instantly killed Saturday night while at
work in the west yard.
He stepped out Of the way OF an ex-
press train into the path Of a shifting
engine, which knocked him down and
ran over him. One leg was severed and
the other was badly mangled.
Evening journal., 1918-02-25
Won B0SSE SAYS
ALLIANCE Is LOYAL

The Rev. Sigmund C. Won Bosse, pas
tor Of Zion Lutheran Church and presi-
dent Of the German American Alliance
has issued a statement in reply TO the
charges alleged against the organiza-
ton by Gustavus 0hlinger. an attorney
Of Toledo. before a Congressional com
mittee. Mr.. Won Bose said:
All that / know about the charges
Evening journal., 1918-02-25
ETHICAL CULTURE LECTURE

George i. ODeu, Of Of st. 1.ouis lee
tured yesterday before the Ethical Gull
ture Society in the Hotel DUPONT. he
discussed the need for the reorganiza-
tion of society, and the Ideas suggested
by II. q. Wells and Bernard shaw, two
apostles of reform.
Evening journal., 1918-02-25
PHOTOGRAPHER BEATS IT.

Soldiers and guards on duty at the
Pussy and Jones Company plant on sat
urday found a man taking pictures Of
The transport War Nurse. The guards
chased the man, who managed to
escape.
Evening journal., 1918-02-25
TRrCK HTS CARRIACE.

An automobile truck OF the Delaware
Pretzel Company collided with a horse
and carriage at Eighth and West streets
on Saturday evening, throwing a man
and woman out of the carriage.
New-York tribune., 1918-05-10
Prices of Stocks
Rise to New High
Levels for Year
Total Transactions Reach
1,1O4,80O Shares; Steel
Gains 4 IA Points

Seething enthusiasm, pent up for
many weeks, boiled over in the New
York Stock Exchange yesterday, when
/, transactions reached 1,104,800 shares,
and prices Of representative specula-
tive and investment stocks advanced
vigorously to new high levels for the
year. Gains at the close of as excit-
ing a five hours Of trading as has been
witnessed in the market since the
great decline of last year ranged all
the way from point to points. Com
mon stock of the United States Steel
Corporation, the aggressive leader of
| the advancing movement, rose from 102
to 107as on turnover of apprOxi-
matcly $4,000 shares. This was the
highest point for Steel common since
last fall.
Accompanying the spectacular rise in
stock prices was an outpouring of wild
| rumors that gained wide circulation in
the financial district In the after
noon, when stocks were strongest and
most active, the Street heard that the
Allies had been successful in breaking
the German lines in a strong counter
offensive. Another report told of an
important naval engagement, fought in
the North Sea, with results favorable
to the Allied naval forces. Still an
other report was to the effect that
legislation would shortly be introduced
in Congress looking to repeal of the
Sherman antitrust law. None Of the
reports was confirmed in the news, but
this did not stop their being employed
as as pa basis s1t for speculative operations in
The markets sensation was the heavy
buying of Steel common, which sug-
gested to close observers a condition
in that issue approaching a panic
amor those who had sold Short for
fall. Traders bought large blocks of
Steel at advancing prices, and the de-
mand held strong right to the close of
the session. The final price for Steel
was lo7A which compared with clos
ing Of 103 on Wednesday and repre-
sented net gain of 4:A points.
Other industrial shares, including
the minor steels and number of
speciallties, sold at new high prices for
the year. American Sumatra Tobacco
IN wild market jumped from 107 to
114A on turnover of $4,000 shares,
closing 5b points up, at 114M. Lacka-
WTanna Steel gained IL. Bethlehem
Steel "B" 2A, Industrial Alcohol 31z ,
Tobacco Products 3A, American Sugar
IL, Distillers' Securities IL, New
York Air Brake 2, Republic Iron and
Steel l u and Baldwin Locomotive 11a.
Railroad stocks shared in the gen.
cral advance, with Canadian Pacific
advancing from 143h to 149, while
Union Pacific gained IL, New Haven
1A and St. Paul 1as.
Strength of foreign government
bonds was a striking feature of the
general rise in security prices. The
Anglo-French per cent bonds sold
at 81, new high record for the year.
and the City of Bordeaux per cent
notes touched the best price in months.
New-York tribune., 1918-05-10
Slump I'm American
Beet Sugar Earnings
Gross Receipts 100000
Less Than Those of a
Year AGO

Earnings of the American Beet Sugar
Company suffered severe slump in
the year ended March 81 last, accord
ing to the annual report issued to the
stockholders yesterday. This disclosed
after payment of the preferred dvi-
dends surplus Of $3,135,187 available
tor the common stock, equal to $3.50
share, compared with $38.84 a share
earned in the preceding twelve months.
Gross receipts of the company were
$l2,584,o 1857, compared with $14,9n116
the year before. Charges for taxes
amounted to $1,399,964, compared with
S342, 10 year ago, an increase of ST..
oI,S49, due principally to the increase
IN the government tax on net incomes
and its war tax on profits.
Appropriations for additions and i'm
provements were made during the wear
amounting to $1,247,55O. "Nothwith-
standing the material increase in the
domestic beet acreage in 1916-1917." !"
says II. Rleman Duval, president of the
company, "warranting a sugar estimate
of 2o,ooo,ooo bags, unfavorable weather
and labor conditions reduced the &C.
tual outturn to 15,276,oO0 bags-the
smallest since 1914-against 16.4OO 900
bags in 1916-l917. There are now nm
sold 3400,000 bags, compared with
about 100000 bags a year ago. The
1917-1918 production Of this company
was 1,686.544 bags, against 2,155,963
bags in 1916-1917"
New-York tribune., 1918-05-10
Regular Declarations

Continental Motors Corporation.-ouar-
terly dividend of ~ per cent on the com
mon stock. payable May 25.
Chestnut Hill Railroad Company,-ouar.
tcrly dividend of rs cents per share. payable
June 4.
Manhattan Shirt Company.-Ouarterlv
dividend of l per cent on the common stock.
payable June / to stockholders of record
May 18. A9s'io
A. ID. Little, 1nc.-Q aarterIy dividend of
81. per share on the preferred stock. paw
able May Is to stockholders Of record MAY 10.
Philadelphia. Germantown & Norristowr
railroad Company.-Quarterly dividend of
$l.50 per share. payable June 4.
American Express Company.-Quarter,v
dividend of $3.50 per share, payable July
to stockholders Of record May 81.
Central Arkansas Railway & Lrht Car
Quarterly dividend of IA ner
cent on the preferred stock, PAYABLE June !
70 stockholders of record May Is.
Consolidated Arizona Smelling Company
Divloend OF o cents per share. payable June
70 stockholders of record May II.
Crex Carpet Company.-Dividend Of 2 r.r
cent. payable June Is to stockholders of
Mhiiken Brothers. Inc.--Dividend of $40
per share in liquidation of the preferred
stock. payable June ! to stockholders of reg
ord May 16. ~ is'
, Niles -Bement-Pond Company. Quarterly
diViaend OF l u per cent on the preferred
suock. payable May 90 to stockholders of Pee
orc May =; also the regular quarterly diyi-
oen" OF Per cent on the common stock.
New-York tribune., 1918-05-10
Liberty Loan
Organization Will
Not Be Disbanded
Financial Editor Of The Tribune.

= AAioHSA" AIuItoI VI Inc 1TlDunc. !
Sir: noticed in your very appre-
ciative editorial with regard to the
work of the publicity department Of
the Liberty Loan Committee, which was
printed on your financial page this
morning, statement that it had been
proposed to disband this department
l want to assure you that there is no
such intention. Your information in this
matter has probably arisen from the
fact that a great many men are taken
on for the heavy work Of the Liberty
Loan drive who cannot be carried per-
manently between loans.
One of the features of the publicity
work of the Liberty Loan is it's small
cost to the government. The great ma
jority of our expense is met by private
contributions and donations. The act
ual cost to the government is a very
small fraction of / per cent of the
amount raised. We feel it is very i'm
our object is to get as many men as
possible who have the enthusiasm and
devotion which can come only in war
work and who are willing to give more
hours to Liberty Loan work than they
could be induced to give to any private
occupation.
This department will maintain an ef-
ficient nucleus or organization in its
advertising bureau, press bureau and
other bureaus. 1t will keep steadily
at work until the approach of the
fourth Liberty Loan, when the staff
will again be augmented to the point
necessary to render the service which
the tremendously fine cooperation of
the public calls for.
GUY EMERSON,
Director of Publicity, Second Federal
Reserve District.
New York, May Z, 1918.
New-York tribune., 1918-05-10
Payments on
New Bonds Exceed
$125, 900, 900
Shifting of Funds Causes No
Strain on the Money
Market

Large payments neccssitating henvy
shifting Of banking funds at this centre
in connection with the initial install
ment on the new Liberty Loan Az per
cent bonds and other transactions
arising out Of government operations
were accomplished yesterday with
minimum Of strain upon the local
money maraket. 1t was estimated that
upward of several hundred millions of
dollars were involved in the days
financial transactions for the country
at large, of which great portion was
handled here in New York.
Subscribers to the third Liberty
Loan were called upon to pay the first
instalment, amounting to per cent.
on their subscription accounts ycster-
day. While $50,oOO,oo0 was the
minimum amount that had to be paid
in this district, the total turned in
was actually much larger. owing to
the fact that many subscribers paid
for their bonds in full Several of the
big Wall Street banks which took large
amounts of the bonds paid for their
subscriptions in full. The First National
Bank was one Of the institutions to do
this. While officials of the Federal
Reserve Bank Of New York would give
out no figures regarding the payments
made on the loan subscription account,
asserting that the Treasury Depart
ment has asked that all such informa-
ton be withheld until a later date. it
was estimated elsewhere the payments
exceeded 100000.
A. B. Leach, chairman Of the Metro
politan Canvass Committee, reported
tn that t., the organization had received l.
O19,710 applications for Liberty bonds,
amounting to s137,s9 500. The total
amount in Manhattan was S81 ,984,15O;
in the Bronx, $10,063, 100; in Brooklyn,
$45,824,250.
An issue of $5O0,Oo0,OO0 of United
States Treasury per cent certificates
of Indebtedness fell due yesterday and
was paid off by the government. This
maturity put out in anticipation of the
loan and bought by the banks, made
it possible for the banks to meet a
large part of their initial payments on
the Liberty Loan account by turning
in the maturing certificates of in
dcbtedness in exchange for the new
bonds.
Call money rates held at per cent
throughout the day, but the burden i'm
posed by the large transfers of credit
and cash was not so great but that
the banks were able to meet it without
needing the assistance of the bankers
emergency pool. There was some call
ing of loans at the exchange during the
day.
New-York tribune., 1918-05-10
New York

Gates Joins Exchange.-John M
Gates, former Yale football player
bought seat on the New York Stocl
Exchange yesterday, paying S55,O0(
for the membership of CORTLAND S
Dimes, who had been a member since
March 19, 1918. Mr.. Dimes, who was
of Dimes G. Co., of Denver, Col, is
about to enter the United States nava
service.
Mr.. Gates is to become the board
member of the firm of Wilson, Gran.
mer & Co., of Denver.
Harvester Directors Reelected - Al
the annual meetings of stockholders of
the international Harvester Company
of New Jersey and the international
Harvester Corporation, held in Hobo
ken yesterday, the retiring directors of
each company were reelected.
New-York tribune., 1918-05-10
Falling Off In Earnings

Combined earnings of the big Eng
lish industrial companies for the first
quarter of the current year shows fall
ing off for the first time in two and
a half years. This, "The London Econo-
mist" says, is to be attributed to the
fact that many companies, owing to
difficulties of the British authori-
ties in assessing the amounts due,
have recently been paying excess
profits for two years out of one years
profits. The tax has also been increased
from 60 to 80 per cent. The compila-
tion shows that 347 English companies
in the first quarter of 1918 earned in
the aggregate. net profits of e27,318,S33,
a decrease of s269,937, compared with
the corresponding period of 1917. 1t is
noteworthy fact that brewing COM
panies, shops and stores and rubber
showed increased earnings, while gas
corporations, shipping concerns and
iron, coal and steel companies reported
decreased profits.
New-York tribune., 1918-05-10
payable June 20 to stockholders of rss''

payable June 70 to stockholders % AS
June 8.
Norfolk Railway & Light Compssy;
Semi-annual dividend of 3 per cent, pss''-
June l to stockholders of record May 10 :.
Ohio Fuel Oil Compapy.--Dividend @
cents per share, payable May 25 to ss'c''
holders of record May 90
Pratt & Whitney Company.-QuaIsss,sslI Is,sI
dividend of l " per cent on the prss1S 4
| stock. payable May 20 to stockroias"
record May 9.
Pittsburgh. Bessemer & LAks Eras ~ q
road -Semi-annual dividend q *.
per cent on the preferred stock, Ply
June / to stockholders of record May A'
Southern Pacific Railway Compag~
Quarterly dividend of Sl.5o per share.
able July to stockholders Of record NAY =
st. Joseph Lead Conpany.-QuaitsITH T. 81
idend of SO cents per share, payanie su''
to stockholders of record June 3. -.
Swift e. Company.-ouar.erly diviasnu. divias1.ss
81 per share. payable July TO esoch1pf6 a
of record May Is. A special div,denso is. = ~,
per cent will be paid in stock cs sne s.f q
| fixed assets Of the company to va,s.,s vaI q
rent January. /. 1914. To stockno'
record May IS. ~.
Tampa Electric Company. suarsv ne IS i
dend of $3.50 per share payable SaS
| stockholders of record May y.
Underwood Typewriter Company:.L..,: :. ~
terly dividends of IN per cent on u u,.nes
ferred and ~ per cent on the 49, a,sse
stocks. both payable July to stockno''~
of record June Is.
Union Pacific Railroad Ccmpaay;sos -
terly dividend of 2is per cent on ~ -
mon stock, payable July 10 stockno's
record June l.
Delaware Bound Brook X. =. -
pany.-Quarterly dividend Of per .ss1
May 10. an
New River Csmpany.--pividen9 y x5E
per share on the preferred stoSk
May 29 to stockholders Of sscerd sS3
New-York tribune., 1918-05-10
Stock and Bond Averages
Relevant Comment
No Charge for Collecting Checks

Announcement was made yesterday
that the service charge now in force
throughout the Federal Reserve system
for handling checks turned in for COL
lection, amounting in the case of some
banks to l cent and of others to II
cents per item, will be suspended after
June Is. The Federal Reserve Board
has decided to do away with these
charges for the time being. This is
said to apply to checks received from
member banks from other Federal Re-
serve banks. The service charge in the
case of the New York Federal Reserve
Bank has been l cent per item. In or
der to bring the reserve banks into
closer touch, it is reported, the board
at Washington is taking steps to have
special wire connections installed be-
tween all the Federal Reserve banks.
This action, is is said, is designed to
facilitate the settlement of inter-dis-
trict balances between the Federal Re-
serve banks.
New-York tribune., 1918-05-10
TEXAS PACIFIC COAL AND OIL CON.

(formerly Texas G. Pacific Coal Companyl
An increase of the capital stock from
$4,0OO,000 10 $1,000 600 was authorized y
the annual meeting OF stockholders nelo
April 17th, 1913, and has just been sp'
proved by the Capital Issues Coramittee; =.
The directors have determined TO on@
the new stock pre- rata to the stockncias,s
of record at the close of business on ME
18th, 1913, for subscription at par. psysecsss
500 on or before June Bird. 1915, and seT
on or before September 30th. 1918.
sible after May 18th
EDGAR L. MARSTON. President
New-York tribune., 1918-05-10
Corporate Returns
MacAndrews & Forbes Company

| MacAndrews & Forbes Company
Annual report for the year ended De-
cember 81, 1917, shows net earnings
of $1,347,8 1875, against $780,, ,592 for the
year before. Preferred dividends to-
tailed $16S,936, the same amount paid
IN 1916. Balance available for common
dividends amounted to S1,178,939, which
IS equivalent to $29.47 per share on
S4,oOo,O0O common stock, compared
with $1,188.656, or $2971 per share,
earned the preceding year. Common
dlvidends were $4,000, an increase of
for the year was $458,939.
Chicago, Milwaukee & St. Paul Rail-
earnings for March of $e,925.815. com
pared with $8.757,832 for the CORE
spending month of last year. Net after
taxes was $1,3O3,411, against $1,99O,168
for the same period of 1917. Deficit
after charges amounted to S79.576.
Gross earnings for the first quarter of
1918 totalled S24,74O,5OO, compared
with $23,622,971 for the corresponding
quarter of the preceding year. Deficit
after taxes was 1851 1,595, against an
income of $3,618.O51 for the same
period of the year before. Deficit after
charges for the quarter amounted to
$4,318,826.
Standard Screw Company.-Havinp
changed its fiscal year ending March
81. to conform to the calendar wear.
the company has issued the combined
income account for the nine months
period, April to December 81, 1917.
Net profits for the nine months were
Sl,313, ,789, which, after deducting div
ldends paid on the preferred "A'' and
preferred "B" stocks in the nine
months, was equal to $48.13 per share.
Dividends amounted to $585,418. Sur
plus for the period was $728,371.
Tonopah Belmont Development Com
pany.-Report for the fiscal year ended
February 28, 1918, shows total income
or sl,l42,448, compared with $1,436,-
473 for the preceding year. Expenses,
taxes, etc, amounted to $124,324, against
sl91,373 for the previous year Sur
plus for the year totalled $1,01S,124.
Sinclair Oil and Refining Corpora
tion.-Net earnings for the quarter
ended March 81 last amounted to ST.
985, ,440.. Deducting interest, discounts
and the reserve for Federal taxes left
balance of $1,274,179, from which the
reserve for depreciation and depletion
was $712,911.
Lone Star Gas Company.-Report for
the year ended December 81, 1917,
shows gross earnings of $1,913,503
before. Net profit amounted to $772,-
year. Dividends paid were $400 900, an
increase of $4,000 over the preceding
year. Surplus totalled S372,63O.
Postal T.Ia~rpnb Conrnaow &c M.
New-York tribune., 1918-05-10
Dividends
Extras

Eastman Kodak Company.-An extra
dividend of 10 per cent on the common
stock has been declared, payable Au-
gust to stockholders of record June
20.
Standard Oil Company, of Kansas
Extra dividend of SO per share, in ad-
dition to the regular quarterly divi-
dend of So per share, both payable
June Is to stockholders of record
May 81.
American Colonial Bank of Porto
Rico.-Extra dividend of per cent
has been declared in addition to the
semi-annual dividend Of 2 per cent,
both payable June S.
New-York tribune., 1918-05-10
Money and Credit

Money rates were firmly maintained
Yesterday. the banks being somewhat
less liberal in their offerings Of call
monev and fixed date funds owing to
the heavy demands made upon their
resources in connection with the Lib
erty Loan payments and other large
New-York tribune., 1918-05-10
News Digest
Foreign

London Market More Active.-LON-
DON, May 9.-In the Stock Exchange
to-day military news stimulated the
market. Investments, including Far
Eastern securitis, were in good de-
mand. Chilean stocks responded to a
fresh squirt in Valparaiso exchange,
while Argentine railways hardened.
1ndustrials were firm, particularly mu-
nitions. Mining securities were buoy
ant. Money was in ample supply and
discounts were quiet.
New-York tribune., 1918-05-10
Copper Gain Expected

April production of refined copper, in
cluding electrolytic, Lake and casting,
is estimated in the trade to have ap-
proximated 215,OOO,0oO pounds. This is
about the same amount as was pro-
duced by the refners in March. The
output in the last two months was
increased by deliveries to the refneries
Of crude metal which, under normal
traffic conditions, would have been re-
ceived and refined in earlier months.
A further increase in the production
OF refined metal is expected in Nav.
New-York tribune., 1918-05-10
Postal Telegraph Company of New York.
Elections

August Belmont, Ogden Mills, George
+, F.; Baker, & IL: F z Whitney, vt1 R. Fulton Gut
more, j. P. Morgan, w. X. Vanderbilt
G. G. Haven, A. D. Juilliard. A. c.
Taylor and George H. Warren were
elected directors of the METROPOLITAN
Opera and Real Estate Company.
L. B. Denning has been elected sec
retary of the Ohio Fuel Oil COMPANY
succeeding the late Harry G. Reeser.
New-York tribune., 1918-05-10
Increases

Beatrice Creamery Company, of Chi
cago.-Thc company has increased the
common quarterly dividend from 21s
per cent to 8 per cent, payable May Is
to stockholders of record May 7. The
regular quarterly dividend of 1N per
cent on the preferred stock was also
declared, payable May is to stockhold-
ers Of record Nav Z
New-York tribune., 1918-05-10
Sumatra and Steel

In the extent Of its advance yesterday
American Sumatra led Steel common.
but the turnover in the latter issue
was more than twenty times greater
than in the tobacco stock After SELL
ing to the new high price 114% Su
matra closed at 114b for net gain
eighth of its high figures at 107H. up
AZ points.
New-York tribune., 1918-05-10
The Dollar in Foreign Exchange

Exchange rates moved narrowly in
dull market yesterday. Dutch guild
ers and Swiss francs continued in light
supply and rates on these bills were
firmly maintained. Italian lire eased
off on small volume of selling.
Rates on London and Paris were
steady.
Closing rates yesterday, compared
with week ago, follow:
(Quoted dollars to the poEnd.)
New-York tribune., 1918-05-10
Whiskey Prices Soaring

An advance in Distillers' Securities
to the new high record price of 553s
yesterday was partially accounted for
by the announcement that the company