davidaulloa/AmericanStories huggingface dataset:
Evening journal., 1918-01-07

These conditions. and especially the
necessity Of saving ships. led the United
States and the Allied Nations to urge
upon the sugar industry the adoption
By voluntary agreement of the original
Hoover plan. under the authority of
the Food Control Act. passed August
10. 1917.
The oane-Susar refinerS and the
beet-Sugar producers unanimously
agreed to the Hoover plan as patri-
otic act in the interest of the American
people and as an aid to the Allies.
This is the significance Of the ap-
pointment by the United States Food
Administration Of the international
Sugar Committee to which the Allies
send representatives for England.
France, Italy and Canada. and to which
the United States contributes three
members.
Upon the success Of the operation Of
the international Sugar Committee un-
der the directions OF the Allied Gov
ernmentS. acting for practically half the
civilized world, will depend the read
iuStment of the worlds sugar markets.
This plan is full of promise to all the
nations party to the convention.
II an assurance that sugar. although
comparatively cheap in view of war
conditions. will not by reason either Of
competitive or speculative activity De
increased in Wholesale price.
Sugar will become stabilized in price
with sufficient profit TO producers. rein
ers and merchants TO maintain and
stimulate production and to cover the
cost OF refining and Of distribution.
The marketing of Franklin Cane
Sugars in cartons and small cotton bags
by this Company has helped amazingly
during the pinch of the fall months. in
giving a wide distribution among the
retailers Of the reduced sugar supplies.
While barrel formerly was the unit
Of the grocer the same amount Of sugar
put up in cartons and small cotton bags
can now be divided between two or
more srocers and so serve larger num-
Der of people and prevent boarding.
II will be necessary for srocerS and
consumers to watch carefully their dis
tribution and purchases during the ap-
preaching period ofreadiustment. The
refineries are now starting up and sup
plies of raw sugar coming forward but
it will take weeks. and possibly months.
before the return of normal conditions
Housewives can aid in conserving the
sugar supply by buying these package
sugars.
our aim to safeguard the interests
Evening journal., 1918-01-07

In April told of by Herbert c.
which he described by which the
consolidate under head the whole purchasing of food
and only will competitive bidding be
cooperative buying side the
proper the rights of producers and consumers
Evening journal., 1918-01-07
FEW ARRESTS

The local police had little 20 do sat
urday or yesterday and Saturday night.
but four arrests for drunkenness were
made. The number Of arrests made for
all ofenses last week was very small
New-York tribune., 1918-08-24
Madagascar Graphite

production of graphite on the island
tl Madagascar in 1917 was estimated at
$1,000 tons, and exports amounted to
- .S3s. Shipments to England totalled
1906, and those to France 1892 tons
Whl!c direct shipments to tho Un;tcd
states nave not been permitted it is
understood from consular reports that
900 tons reached this country from
Marscilles in 1917, and a considerable
quantity has also been shipped from
that port during the present year. prin-
clpally through a consortium of French
llrms which. up until now, has con
trolled the bulk of the output of NADIA
sascar graphite other than that shipped
to England. Inasmuch as the French
fl'ms belonging to this consortium are
represented in Madagascar it is not
unlikely that they will cndcuvor to con-
troll such graphite as may be shipped to
the United States direct from the
island when restrictions are removed,
while it would appear that various in
dependent producers are crdeavoring
to form direct connections with the
American importers.
New-York tribune., 1918-08-24
Foreign Trade of
Brazil Is Decreasing
Lack of Shipping Affects Coae.
Beef, Rubber and Other
Exports

During the first three months ~
1913 the foreign trade of Braz, u..
valued at approximately sll5.ooO noa
as compared with sl21 600 900 for ~.
corresponding 1917 period gxpor.,
from January TO the end os
March this year amounted TO hu,
Sol'25o,ooo, as compared with s76.Qss.
oo0 for the first quarter Of last wear
The decrease in coffee shipments CON
suIar reports state. was one reason for
the decrease in foreign trade. Rn,
l,|o,oOO bags We're shipped this vear
as compared with 3,276,00Os in 1eIt
4,s56, coo in 1915, 100000 in 1915 ana
Z,962,O0O IN 1917. The total coffee
Va4ues were reduced by almost so ner
cent, as compared with those of 1877
winch difference alone accounts for the
decrease IN exports Of approximately
Sl5,0oO,OO0. The Central powers have
been entirely shut off from their Bra.
lillian source of supply to obtain cotFee
an important consuming market mads
no longer available to Brazll-and shin.
ments to the United States and Other
countries have been difficult, due to ths
scarcity OF tonnage 10 move the stocka
on hand at Santos, Rio de Janeiro Vic.
loria and N the interior.
Although the quantity of chilled beef
exported during the first three months
Of 1913 fell slightly below that of 1911,
the gradual rise of prices OF cat.i
show subs ,antial increase in the to,d
value received from S3.8l9.000 in 1917
to 81 1892 coo in 1918. The quantity for
1913 was 1850 metric tons. a very
good showing considering the fact that
IN 1914 the export trade in this i'm
portant food product was nil and that
me trade only commenced to be estab
hshed in 1915. The principal consumer
Of Brazilian chill ed beef is Italy, and
large part of these transactions are BE-
ing financed in Eng and.
Due principally 10 the lack of boz.
toms, and because of the unfavorable
conditions of the hide market in the
United States. Brazilian shipments Of
hides dec incd from nearly l.0OO tons
for the first three months of 1916 to
but slightly more than 5000 tons for
the same period in 1918 In spite of the
very great decrease in exports. the aver
age va ue per ton was practically dou
bic that during 1914 and slightly higher
than the average price during 1911.
Recent communications from Southern
Brazi! indicate that thousands of tons
of hides are awaiting shipment and
that hey are spelling for want Of
carrying facilities. Owing TO the df-
ficulty of obtaining finished leather
from foreign sources. Brazilian tan
neries are increasing their production,
and whereas until recently practically
only sole leather was manufactured.
domestic tanneries are now turning out
leather for uppers for the shoe IL
dustry, for saddles and other leather
goods.
The shipments of rubber. the chief
product Of the Amazon Valley, and the
second most important product. Of
Brazil, showed a serious decline, wh!ci
were less than so per cent OF the
amount exported in 1917 The chief
reason for the falling off in this trace
is the lack of tonnage between Pa'a
and the United States
New-York tribune., 1918-08-24
London Exports to
The u. S. Decrease
Figures for Seven Months Show
a Shrinkage Of
$57 O07 $40

1t is reported by Consul General
Robert P. Skinner that for the seven
months ending July 81. 1918. declared
exports from London. England, to the
United States totalled $39,671,453,
compared with 96,76s, 1913 for the cor
responding period in 1917. This is
decrease of $57.O97,340. The greatest
decrease was in rubber. In 1917 the
seven months exports of this ma
terial totalled S37, 7,S25.075. For the
first seven months this year their to-
tai was s., 49,, ,799 Tin exports de-
creased from S7.550.O57 to S2,SO3.55S
and hides from s2,306.12S to S15S,249
The total Of London exports to this
country during July this year amount
ed to S4 443S,l27, against sS,42O,29l il
1917. During the month precious
stones totallcd sl,223,4 compared
with SS93.7l2 in June: rubber. S117.70s,
against S154,751: tin. $2S1 ,744, against
$500 ,523; furs, S240, 100, against S2Os,
157; and art. SS0.49l, against s23,s41.
The aggregate for the month compares
with S3261.7S5 in Juno. There were
no shipments of hides, tea OR wool. but
one shipment occurred of precious
metal rcsidues valued at Sl47,996.
New-York tribune., 1918-08-24
Growing War Needs
Felt by Industries
But Labor and Fuel Shortage
Prevent Speeding Up
Production

Ordinary civilian trade had less
favorable aspect for the week, Brad
streets" states, owing to conservatism
born of unfavorablc crop news, draft
calls and shortage OF merchandise. On
the other hand, war requirements kept
on expanding. While leading indus
tries are called upon for increased war
production, including more steel for
ships and munitions, it is impossible to
greatly hasten output, with supplies
of coal, coke and labor entirely INSULT
cient. Retail trade is marked by clear
ance sales, and results on the whole
are quite indifferent, the induction into
militant pursuits of over 100000
young men having made inroads on
numerous branches of final distribu
ton. Withal, manufacturers of cloth
ing, shoes and hats are working at
capacity to supply the wants of the
army and navy, in which directions
footwear and clothing are being used
up at a rapid rate.
From every part Of the country
save Texas come complaints bout
paucity of labor. In the section Just
excepted an influx of farmers from the
drouth-stricken areas has benefited
the labor market. Under the circum-
industrial pursuits on a steadily ex-
tending scale. With new selective
draft laws in prospect, further sweep
ing changes will ensue, and therefore
it is not difficult to visualize the near
future situation of the so-called non
essential industries, nlxhy of which,
however, will be diverted to war work.
"Dun's Review" says manufacturers
and dealers alike hesitate to accept
civilian orders while there is a pros
pect Of a call for supplies from Official
sources. Measured by values, strcqly
commercial business remains at a high
level, yet transactions are diminishing
in number and magnitude, and this is
not wholly due to the Discrimination or
inability of sellers to increase their
eoin'nitments. as more rigid economy
IS being practised by consumers.
But while some accumulations of
stocks arc noted. the prevailing condi-
ton in the leading trades and indus
tries is one of a growing scarcity OF
commodities, and the bending of ener-
gies toward the augmentation of out
puts Of the most essential articles il
handicapped in many instances by
labor shortage and inadequate fuel dis
tribution.
New-York tribune., 1918-08-24
Morgan & Co. Aim
ToEnlargeM Market
For Acceptances
Will Make Advances on
Call at Federal Re-
serve Rate

j. p. Morgan & Co. announced yes
terday that, beginning with next Mon
day, they will make advances on call
against acceptances eligible fer redis-
count at the Federal Reserve Bank to
dealers and discount houses at rates
based on the discount rate of the Fed
eral Reserve Bank. This rate at pres
ent is AZ per cent. Discussing the de-
cision of his firm yesterday, Mr.. Nor
gan said:
''This action is taken in order to en-
courage the development of free and
active market in acceptances eligible for
rediscount at the Federal Reserve BanA
on the lines of similar markets in Len
don and Paris
In other banking circles and among
dealers in acceptances the opinion was
expressed that the policy adopted by
the house of Morgan marked an i'm
portant step forward in the plans OF
American bankers to establish broad
discount market In New York. A for
cign exchange banker of international
reputation called the move epocn-
making IN that other banking institu-
tons undoubtedly would follow the
lead set by Morgan g. Co.
Dealings IN acceptances in this mar
ket have been hanpered by the high
call money rate on Stock Exchange
loans In other words, it has been much
more profitable for the banks to put
cut demand advances among brokers
than among acceptance dealers. The
current rate on brokers loans backed
by industrial and railroad collateral is
6 per cent, while loans based entirely
on industrial securities have com
manded 612 per cent. The present ac-
ceptance rate on prime rediscountable le
bllls ranges from a to rs per cent, ac-
cordlng to the maturity. With few ex-
ceptlons, acceptance dealers and dis
count houses have been compelled to
compete with the Stock Exchange when
seeking funds on their commercial
bills.
In discussing the policy adopted BY
the Morgan firm in reducing the call
money rate on eligible paper banker
SAID yesterday that this action should
nave beneficial effect on the general
hnanclal situation here. He pointed out
mat calling loans Of this character
should cause no disturbance to the
money market when heavy government
"lthdrawals were imminent or taking
pace, because the acceptance dealers.
II their loans were called, would then
nave recourse to the Federal Reserve
Bank :
Whether New York will successfully
compete with London as discount
market after the war is question
winch bankers here are actively dis
cussing. The present rate for demand
loans on acceptanccs in the British
capital is pa per cent. This is due
largely TO the fact that there Is no cal
money market over there similar to
mat which exists here. In London all
call loans are secured by bills that NAV
be rediscounted at the Bank of Eng
land. No loans on Stock Exchange col
lateral are made because Of the system
OF fortnlghtly settlements abroad.
Within the last year two discount
companies have been Organized in New
York. At the time they were formed
thelr purpose was stated to be to in
crease the volume of acceptance busi-
ncss not alone in this country. but
elsewhere
New-York tribune., 1918-08-24
New York

Ex-Ccmmissioner's Speech at Ex-
change Postponed.-The speech which
Frederick A. Wallis, Fourth Deputy
make on the floor of the Stock Ex-
change yesterday afternoon at the
close Of the days trading was post
poned until next Tuesday afternoon.
Cotton Brokers Win Suit.-In a suit
to recover $4,000. with interest,
brought by f. f. Hutton and other
members of the Cotton Exchange
against Archibald S. Terrill, Justice
Julius NJ. Mayer, of the Federal Court,
yesterday granted q motion giving
Judgment to the plaintiffs. He over
ruled demurrer made by Terrill, in
which he complained that the provision
Of the stamp tax law had not been
complied with. The suit was brought
80. recover funds alleged TO have been
expended for advances in purchases of
cotton for future delivery.
New-York tribune., 1918-08-24
Wealth Markets and Commerce s
Relevant Comment
War Has Right Of Way

Secretary McAdoo, who remained in
the city Yesterday, visited the railroad
terminal facilities on the New Jersey
side of the Hudson. One of the points
Mr.. McAdoo has cleared up during his
sojourn here is the attitude OF the
United States Railroad Administration
toward contracts which were in exist
ence at the time government control
began on January l last. The Direc-
tor General said that wherever exist
ing contracts, which had been made by
the roads under private control
thwarted the necessary war work of
the railroads, the contracts were
ignored and the other parties to the
contracts were allowed to take the mat
ter to the courts or to make settle
mcnt. Mr.. McAdoo said that all con
siderations and rstrictions must give
way TO the paramount war needs Of
the nation
New-York tribune., 1918-08-24
Use of kapok Fibre
Is Increasing Here
Ibis Years Consumption Will
Exceed That of 1917 by
34.5 Per Cent


AT the request of war boards the
census Bureau of the Department of
Commerce issued questionnaire To-
learn how much kapok fibre is held in
the United States by importers. deal
ers and manufacturers. Kapok is ),
silky fibre found around the seed of
the Subsection tree, which is indiren-
GUS to tropical countries, but especially
apundant IN Java. 1t is imported into
!hc united states in large quantities
haVlng a particular use in filing mat
tresses. pillows and cushions. 1t makes
a bulky cargo, as it cannot be tightly
compressed without injuring the fibre.
a ton occupies in transportation about
oo0 cubic leet of space
ne Census Bureau has ascertained
mat on May 1918. the total stocks of
kapok owned in the United States
amounted to 1O,l33, ,499 pounds. OF this
amount 2,S45,0l7 pounds were on hanc
o3Z'4o6 pounds in transit in the
united States or Canada, 1888 .O2c
pounds IN transportation on the high
seas, and 3,713.000 pounds still abroad
principally in Java.
fhe consumption of kapok fibre IN the
united States amounted to 8,472 $50
pounds IN 1917, compared with 5.S15.
o4l pounds in 1916, or an increase ot.
45.1 per cent. The consumption from
January to May !. 1918. was reporteG
as 2,6dS,890 pounds. and the estimatcd
quantity required for the REMAINING
eight months of 1918 was S.743 .76s
pounds, or an anticipated increase of
34.5 per cent over 1917.
OF the kapok consumed in 1917
3o22,3Io pounds were used for making
3O9 COZ mattresses; 1,777.37S pounds
7on 7on Pillows, cushions and pads; 237. :
1So pounds TOR 2o6,900 life preservers
of various kinds, and 1.49s.3ss ro,,r;
for various other articles 'N''''" ,
New-York tribune., 1918-08-24
Corporate Returns

Alaska Gold Mines Company. Gross
earnings for the second 1913 quarter
amounted to 1894 .6o1, compared with
S577.616 for the CORE ponding l9lI
quarter, a decrease Of S282,925. After
operating expenses of S3O3,2T4 dchclt
totallcd sS.5S3, gainst surplus of
S1O6,52O for the corresponding months
of the preceding year. Other losses
were $5,665, making total deficit tor
the period of $14,24S.
Detroit Edison Company.-Gross
earnings for July were S1,029, ,512, com
pared with SS77,2S2 for that 1917
month. Net after taxes amounted to
S223 500. Surplus after charges was
S11l,142, against s129,9lO for July Of
the preceding year. Seven months
gross earnings were $7,722 ,345. an in
crease of SS47, ,559 over the same 1917
period Net after taxes was S2,079,22
compared with $2,1S2,421 for the cor
responding 1917 months. Surplus to-
tailed $1,361,778.
International Railway.-Operating
revenue for the quarter ended June 30
last was S1,S93 .005. compared with
S1.993l3S for the corresponding 1917
quarter. Net operating revenue was
s49O, ,453. Gross income totallcd S364,
ll9. against S633,760 for the same
months Of last year. Deductions were
$62 sid, leaving a deficit of SA3,371
Virginia Railway and Power Com
pany. July gross earnings were $706,-
500 against S561,752 for the CORE
spending 1917 month. Net earnings
amounted to S27S,S70. Total income was
S299 .32l. compared with $286,S91. Bal
ance after taxes, interest, etc, was
$l16,594.
New-York tribune., 1918-08-24
War Absorbing Woollens
Mills Less Active, but Doing
More Military Work

BOSTON, Aug 23.-The Commercial
Bulletin" will say tomorrow: $50 far
as the domestic wool situation is con-
cerned, there is no change from the
routine which has been the rule for the
past few weeks. valuations going for
ward on the new clip with the utmost
expedition and payments leing made
b. the government steadily.
"Reports TO the National Association
Of Wool Manufacturers shows less ac-
tdvity al mills, but a larger percentage
OF the active machinery engaged on
war orders"
New-York tribune., 1918-08-24
New England Fish Receipts

The fishing fleet which landed fish
and fishery products at Boston, Mass
Gloucester, Mass, and Portland, Me.
in June this year comprised 268 steam
and sailing ships and included few
Canadian vessels. The sea products
landed at Boston during the month
according to the Bureau Of Fisheries,
aggregated a,72s,872 pounds valued at
s5s2.073; at Gloucester, ITO trips, o.
12o,443 pounds, valued at s4G2 ,s3l, and
at Portland. %I8 trips, 5,oa5, 90d pounds,
valued at s147.579. This is total Of
712 trips, and 24.533 ,2lo pounds Of fresh
and saIted hah, having a yaiuc 10 the
Hshcrmen Of si,172,4o These receipts
included nJnc trips landed by Canadian
fishing vessels, three at Bogton and six
1t Portland, aYgrcgating 1896 149
IogEds. valued al y>G,4g7.
New-York tribune., 1918-08-24
News Digest
Foreign

London Market Firm. - LONDON,
Aug. 23.-Trading on the Stock Ex-
change was firm to-day, with meagre
supply of high h-class securities. For
cign stocks were steady. but foreign
railroads were Irregular Guayaquil
securities were two points lower Mex
lean issues reacted in sympathy with
a sharp fall in Mexican Northwestern
Railroad shares on an unsatisfactory
statement of the company's affairs
Shipping shares were in good request
and industrals were firm. Cement Sc
curities were active and the feature of
the market African land stocks were
in good demand.
New-York tribune., 1918-08-24
Australian Artesian Wells

In many districts in Australia arte-
slan wells are the main reliance in OBJ
tanning water for man and beast. Stock
breeders have been put to great ex-
pense IN we'll digging. In Queensland
ut the beginning of this year there
were more than 5000 artesan wells
and they averaged ] 900 feet in depth
The one supposed to be deepest j., - iorn
of 5,700 feet, but another is only tcn
feet deep and has flow Of 1000 pal-
Ions day. The following are tho
charges for boring only in sinking artc-
sian wells: For the first 900 fcc1
$3.50 per foot; 900 to 500 feet. Sd.14'
800 to 1000 feet, $4.3S; 1000 to 2. 500
feet. S4.62; $4,000 to 1000 feet s4.S7.
New-York tribune., 1918-08-24
Germany's Lost Toy Trade

The extent to which Germany con-
trolled the toy trade Of the world be-
fore the war is shown by figures for
1912. the last year for which they are
available. The British Trade Review"
gives the value of toys and games cx-
ported from Germany to the United
Kingdom in that year as totallng
81 l47 900. while shipments to British
colonies amounted to s26S. 400. and to
the United States fl.d0A 600 This tab
ulation makes total of s2.4S7 800 for
German toy and game exports in 1912,
o. approximately $l2 800.
New-York tribune., 1918-08-24
The Dollar in Foreign Exchange

Trancs showed renewed strength in
the foreign exchange market, and rates
on neutral countries were generally
weak. The news of the latest military
turn in France no doubt reacted on the
market, but certain we'll informed
bankers said that the movement of all
rates toward the normal was the result
of international arrangements to sta
bilize exchange. Rates on London were
unchanged.
Closing rates yesterday, compared
with a week ago, follow:
(Quoted dollars to the pound.)
New-York tribune., 1918-08-24
VIII Install Sewer System

As the military government of nv
Dominican Republic has authorized 'ns
installation Of sewerage system ~
Santiago de los Caballeros, the ciy
council of that city wishes to contra.
with a company Of good credit tor llS n'
construction. it was stated recently D!
Consul Arthur Mclean. Of Puerto fia's'
The work will be done in accordannc'
with plans prepared by Engineer Du'
saert, and will be paid for not liv~ W..
funds of the ordinary budget Wv. W,
through an imposed contributor liv'
all landlords. The estimated cost u.
Guiding that of laying the ram wa ws'. ~
sewers of Fort San Luis is $ Sl6o'UVu'
be divided as follows: FOR iron mas,
rals, $4,000; cement, s54,oou' anu
labor. $4,000 It is desired that "pi' ',@,
be commenced about November / i.u' ~,
and completed within eighteen MORN"
New-York tribune., 1918-08-24
Highest Exchange on Paris

The attempt to stabilize the franc
which foreign exchange bankers say is
being made BY the interAllied financial
committee has succeeded in bringing
rates on Paris to the highest point at
tanned since June 20. 1915. The break
in French exchange came at that time
as the Allies began to place enormous
orders for war material in this country.
The improvement represented by the
rate of 5.62, which was touched yester-
day, can be better realized by com
parison with the figure week ago,
which was 5.6S1a, and in April, when
it was 6O9A Par is 5.18h. and some
well informed exchange dealers expect
the movement toward normal VIII con
tinuc until $50 has been reached; that
is, until there are $50 francs to the
dollar
New-York tribune., 1918-08-24
Cocoa Cargoes Accommodating

Owing to the war and dearth Of cargo
ships. cocoa has been accommodating on
the gold coast of Africa. A journal
published at Accra states that over fif-
teen large cargo boats would be re-
quired to convey to Europe or America
the cocoa that has been plucked and is
now lying in the stores of shippers, and
that probably it would be more accu-
rate to say that twenty vessels should
be chartered