davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-07-25
American Sumatra
To Double Capital

Directors of the American Sumatra
Tobacco Company announced yesterday
plans for increasing the capital stock
of the corporation from S7,000,000 to
S15,0OO,OC0 and the declaration of
common stock dividend of Is per cent.
meeting of the stockholders has been
called for August 29 next, when they
will be asked to authorize the proposed
increase in capital.
1t is proposed to increase the com
mon stock from 10000 shares of 500
par value to 100000 shares of Sl00 par.
At the present time there are out
standing 6S,139 shares of common. The
letter sent to the stockholders says
that "when such increase in the COM
mon capital stock is authorized your
directors propose to declare and pay a
stock dividend of Is per cent to the
record at date to be determined by
the board of directors, and further
propose that thereafter the holders of
record of the common capital stock, at
a date to be determined Dv the board or
directors, shall have the right to sub
scribe pro rata at par for additional
common capital stock to the extent of
80 per cent of their holdings of the
common capital stock of the company.
lhe reason tor the issuance OF ad-
ditional common stock to the above ex-
tent is that the company may retire its
issue of notes which mature on Janu-
airy Is, 1919, of which notes there are
outstanding S1,o0o,oo0; may cancel the
Indebtedness of the company on its
other note obligations, which varies in
amount up to $1,200,000, and may have
additional working capital"
1t is stated that it is not the inten-
tion of the directors to offer the re-
mainder Of the new common stock to
the stockholders for subscription at the
present time.
New-York tribune., 1918-07-25
Wealth Markets and Commerce
Russia in return for $1,000 worth Of

Russia in return for $1,000 worth Of
merchandise.
The proposed commission will proba-
bly, have representatives in the leading
Pacific ports and in the other principal
distribution centres. According to one
plan, said to- be under serious consid-
Grafton, the commission will receive
manufactured goods from American
manufacturers and supervise their
shipment to Siberia and attend to their
ALLEGATION to cooperative societies. Ger
tain interests have advised the govern
ment, it is understood, to give nego-
table certificates to American export
ing interests in return for their goods
and allow them to drop out of the
subsequent tasks of getting the goods
direct to the consumers in Russia. 1t
has been estimated that some 600
American firms will be interested in
resuming trade with Russia, and it is
said that the commission can best CO.
ordinate its work from Washington.
In the year ended June, 1917, before
trade relation were interrupted, the
United States exported $428, ,284 663 of
merchandise to Russia in Europe and
$l3O,3O0,542 to Russia in Asia. The
imports in that period from European
Russia exceeded S5,5O0,o0O, and from
Asiatic Russia $4,000,000. When trade
is resumed with Russia it is believed
the Siberian trade will be the larger
until the war is over.
New-York tribune., 1918-07-25
War Steel Needed
Is 100000 Tons
Government Requirements This
Fall Greatly Exceed All
Expectations

More impressively than in any pre-
vious week, says "The Iron Age" the
government has put before the steel
producers Of the United States the de-
mands it will make upon the country S
capacity in the next six months and the
still greater needs of 1919. 1t is now
realized that the ship programme is to
be increased next year beyond anything
vet believed, that railroad purchases
must far exceed those for 1918 after
years of starvation buying and that
shell steel must be furnished at a
5000, ,000-ton rate. In its third warn
ing to consumers of steel within three
months the War Industries Board has
put the needs of the second half of the
wear for war and essential industries
at 2O,OO0,0OO tons of finished steel prod
ucts, or 3,5O0,O00 more than the eX-
pected output.
The existence of good-sized stocks of
steel in manufacturers hands, amount
ing in the automobile industry to four
or five months supply in some cases,
explains the absence of shutdowns with
the gradual tightening of government
control, but points to some radical re-
adjustments in the next few months.
Buying Of finished steel has fallen off
greatly, the government pollcy beng
to keep about three months ahead of
the mills 1t is stated that accumulat-
cd orders may be expected to decline
further.
According to "The Iron Trade Re-
view" iron and steel interests look for
ward to the meeting of the American
Iron and Steel Institute committee with
the rrce-fxing committee of the War
Industries Board at Washington to-day
in the hope that rail prices will be
definitely fixed.
New-York tribune., 1918-07-25
Marketing Wool Rapidly

The new domestic wool clip is com
ing to market more rapidly than is
First National Bank of Boston. This
is largely because of the fact that with
maximum prices established the grow
ers have no incentive to hold their
woods for higher prices. The new
clip cannot come to market too fast,
however. it is. stated, as the demand
for military woods is tremendous, Of
fetal consumption figures for Nav
showing 54,000,o00 pounds of wool put
through the mills.
New-York tribune., 1918-07-25
Corporate Returns

Montana Power Company.-The Mon
tana Power and subsidiary companies
report for the three months ended June
80, 1918, that surplus after charges de-
creased $77,252 to S873,513. Gross for
that period increased s79,434 to ST.
e3S,164 and net after taxes increased
s6,S77 to s1,293,176. For the six
months ended with that date gross in
creased s95,o46 to S3,729, 1872, net after
taxes decreased S53,5SO to s2,649 ,4So
and surplus after charges decreased
S175,535 to Sl,S4S,993.
New York, Susquehanna & Western
Railroad Company.-For the year end
ed December 81, 1917, this road reports
surplus of Sl0,6S2, compared with Sl19,-
123 for 1916 and s324,214 for 1915. Its
total income for 1917 was S999,279, for
1916 it was S1,21l, ,44A and for 1915 it
was 81 S1,614,3sS. Its net income for 1917
was S24,222, for 1916 it was S2l6,935
and for 1915 it was $429, 1866
New-York tribune., 1918-07-25
FINANCIAL MEETINGS

NOTICE IS HEREBY GIVEN THAT }.
special meeting Of the stockholders o., o,
AUTO PAPER FEEDER COMPANY VIII
be held at Room S2l. le Cedar street. Ne"
York city, on the 9Th day OF August lsis,
at 80 A. NJ, TO take such action as tns
stockholders may determine with reference
to % increasing its capital stock from
100000 consisting of / 1000 shares OF ne
par value of 500 each, to 800 shares o. Sl
stock without nominal or par value ~
provide for the issuance OF the above
shares of stock without nominal or pa.
value IN lieu of the present proYisonnss
thereof, 60 authorizing the ISSUANCE :.
Of the old stock. and a. transacting sucs
other business as may properly come De-
fore the said meeting
Dated July 24th. 1918.
CARL : HANAC. President
II. a. NOSENRERG. Secretary.
New-York tribune., 1918-07-25
New Stock Exchange Listings.-The
Rio de Janeiro's Deficit

When the present municipal admin
istration of Rio de Janeiro took charge
the city treasury showed deficit of
about S6,500,000, and the City Council
authorized q year ago the issuance of
$50 6 per cent bonds, maturing in 1867,
to cover that amount. Total 1917 re-
ceipts amounted to about S10,257 ,13l
and expenditures footed up to about
S13,403,997, leaving deficit of $3,-
1896 for the last year. This, with
the exception Of $674424 represents
unpaid Indebtedness of previous ad-
New-York tribune., 1918-07-25
Tight Money in the West

A Chicago banker was quoted in
Wall Street yesterday in this fashion
Our loans are the highest they have
ever been. Our borrowings at the Fed
eral Reserve Bank are also the largest
on record, condition. however. which
obtains similarly with other institu-
tions. Demand for money comes from
every direction. 1t is not for specu-
latlve or non-essential purposes, but
TOR the regular conduct of business.
However, it must be understood that
there is reasonable limit to be con-
sidered. Within three weeks this bank
has paid out to the government about
S34,O00,0OO cash. Borrowers should
take this into consideration and re-
strict, if possible. their demands for
prime necessities until the money sit
uation rights itself. There will be a
big wheat crop coming. Borrowers
must be considerate. There is money
enough, to go around, but we cannot
have all we want just when we want
New-York tribune., 1918-07-25
Slump in 1917 Erie
Railroad Earnings

Gross revenue of the Erie Railroad
in 1917 aggregated s79,776,367, accord
ing to the annual report issued vester-
day, compared with S74,311, 1862 in 1916.
Net after expenses and taxes was Sc.
593,417, compared with S1S,628,6OO the
year before: The surplus after charges
was ,o1s Ss4o's0'' compared with s5,145,744
New-York tribune., 1918-07-25
The Dollar in Foreign Exchange

Conditions in the foreign exchange
market were again quiet yesterday. No
changes of deep significance were made
in the rates. Exchange on London was
slightly firmer than on Tuesday. Rates
On Paris remained steady.
Closing rates yesterday, compared
with a week ago, follow:
(Quoted dollars to the pound.)
New-York tribune., 1918-07-25

The above rates express the cost Of
foreign money in terms of the Amer-
can dollar. You buy an English pound
sterling at, say, S4.75ls. The intrinsic
parity is $4.S69s per pound. Thus you
say either that pounds are at dis
count or that dollars are at premium,
which 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., 1918-07-25
Dividends
Extra


Butler Brothers.-Regular quarterly
dividend of 2l2 per cent and an extra
dividend of onehalf Of l per cent, both
payable August l to stock of record
July 20. The previous extra dividend
was 312 per cent.
Increases
Granite Increase Cotton Mills Com
pany.-Quarterly dividend of per
cent, payable August l to stock of rec
ord July %. Hhis Fall River corpora
ton paid 3 per cent last quarter, and its
usual rate formerly was 2 per cent
Regular Declarations
Pennsylvania Railroad. - REGULAR
quarterly dividend of 70 per cent, pay
able August 81 to stock of record Au-
gust l.
American Soda Fountain COMPANY
Regular quarterly dividend of i u per
cent, payable August Is to stock of
record August l.
Fall River Gas Works COMPANY
Regular quarterly dividend Of So. paw
able August l to stock of record Julv
23 A'S
illinois Central Railroad Company
Regular quarterly dividend of ia. per
cent. payable September 3 to stock of
record August 5. Books do not close
Standard Oil Company of Indiana
Regular quarterly dividend of SO a
snare, sh and the. usual extra dividend of
S3, payable August 81 to stock of
record August s.
diamond Match Regular
quarterly dividend of 2 per cent paw
able September 16 to stock of record
August 81.
Standard Milling Company.-Regular
quarterly dividend of AZ per cent on
.ne preferred stock. payable August 81
TO stock of record August p.
terly dividend of per cent. pavable
August to stock of record July 22.
Massachusetts Cotton Mills. - Semi
annual dividend of S5 per share. pay
ape s August 10 to stock of record July
~. ms places stock on 10 per cent
heretofore. N''' pau
New-York tribune., 1918-07-25

Silver-Bar silver in London was
4S7sd. unchanged; New York, 995sc,
unchanged; Mexican dollars, 77c, un-
changed.
Sub-Treasury.-The banks lost 81
660,S32 to the Sub Treasury yesterday
London Money Market.-LONDON
July 24.-Money was firm at 2% per
cent. Discount rates, short bills and
three-month bills were 1872 per
cent. Gold premiums at Lisbon re-
NAMED at 13O.
New-York tribune., 1918-07-25
New York

Bank to Increase Capital.-Stock
holders of the Battery Park National
Bank have voted to increase the CAPT
tai stock of the bank from 100000 to
81 800 900 and also to increase IN sur
plus from 100000 to $i,400,000. A
dividend of 25 per cent has been de-
September 16.
New Stock Exchange Listings.-The
following securities were admitted to
trading on the Stock Exchange by the
governing committee yesterday: Con-
tinental Bank of New York, $7790 900
capital stock; Brooklyn Rapid Transit
Gates of deposit for six-year per
cent gold notes and 81 ,S48OO option
B certificates of deposit; Long Island
Railroad. $4O53,0OO additional per
cent refunding mortgage bonds.
New-York tribune., 1918-07-25
Relevant Comment
Brazilian Exchange at Standstill

According to information obtained in
foreign exchange circles yesterday, the
Brazilian government has issued a de-
cree requiring all exchange operations
by banks in Brazil to be conducted
under approval of the government. In
asmuch as all banks concerned are in
doubt at the exact meaning of the
decree, operations in Brazilian ex-
change are at complete standstill.
This situation, it is said, is seriously
affecting rubber and other importers,
because no bills are being drawn or
negotiated
New-York tribune., 1918-07-25
News Digest
Foreign

London Market Quiet t.-LONDON,
July 24.-The stock market developed
a quieter tone to-day owing to the fact
that the favorable war news from
France induced greater subscriptions
TO war loans, which also, incidentally,
caused a tightening in the money mar
ket. The market maintained q guod
undertone, but the only active fea<urss
were oil, tin, electrical, armament and
Brazilian issues.
Paris Market Active.-PARIS, July
24-Trading was active on the Bourse
to-day. Three per cent rentes sold at
81 francs IS centimes for cash. Ex-
change on London was 27 francs 16
centimes. Five per cent loan brought
IS francs 65 centimes.
New-York tribune., 1918-07-25
Finance = Economics
WALL STREET OFFICE: Telephones
ills Ru dnc.1 HanoY
Teleph hone:
Hanover 6514

Bank Acceptanccs.-Rate yesterday
were as follows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Per cent.
E gible
m c M be
banks. .4h@4 4A@4A 4A@4Ia
! igible
non men,
ber banks.4I4@4Is 43s@4h 43s@4h
] n eligible
bank bills.5A@4a4 5A@4a4 5A@4s4
For delivery within thirty days:
Eligible member banks ........ AE
Eligible non-member banks. go. 45s
Ineligible bank bills. ............
New-York tribune., 1918-07-25
DIVIDEND NOTICES
ERICAN
a nA.-l-lnnl -

AMERICAN BANK NOTE COMPANY.
A dividend OF 75c. per share q 3sel On
the Common Stock has been declared payas,
bic August 18Th. 1918. to holders of recoie
at the close OF business August lst. 1919.
The stock transfer books Will not "
closed.
GEO. H. DANFoRTH. Secretary.
New York, July z2, 19lk. -
New-York tribune., 1918-07-25

Bank Clearings.-Bank clearings in
New York and the other principal cities
yesterday were as follows:
Exchanges. Balances
New York. :. 1851 ,695, ,285 $49,302, ,e77
Chicago .... 76,933,O53 5,383.396
Boston ...... 45,231,3OO 7,351,183
New-York tribune., 1918-07-25
Money and Credit

A slightly easier tone developed in
the money market yesterday. At the
Stock Exchange some call loans were
made on 5la per cent basis. The
ruling rates, however, remained un-
changed at to 61a per cent
Banks continued reluctant to place
money for fixed periods and there was
no change in rates. The demand was
fairly active.
Ruling rates for money yesterday,
compared with year ago, were as
follows:
Yesterday. Year ago
Per cent. Per cent.
Call money
On mixed collateral s 434
On industr al col't1 61a 54
Time money (mixed collateraD:
Sixty days .---..- 534@6 41a@4l4
Ninety days---.-. 5000 a @4I4
Four months -. 5a4@6 4I2
Five to six months 534@6 4I2
Commercial Paper.-The market was
quiet, with per cent quoted on the
best regular maturities.
New-York tribune., 1918-07-25

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper on all periods up to ninety days:
New-York tribune., 1918-07-25

value Of foreign money IN dollars and
cents, together with the intrinsic gold
parity. as calculated by the United
States Mint:
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
Cough Nearly Gone
In "a Hours
1hat's the usual experiences With
this homemade remedy. Costs
t~ittle-try u.

Anyone who tries this pleasant tsst.
Ing home made cough syrup, will
quickly understand why II Ia used In
more homes In the United States and
Canada than any other cough remedy.
The way II takes hold of an obstinate
cough, giving immediate relief, will make
you regret that Won never tried II be-
fore. 1t IL n truly dependable cough
remedy that should be kept handy In
every home, to use Rt tho first sign OF n
cough during the night or day time.
ANY druggist can supply you with
2L ounces OF Piner go cents WORTH,
Pour this into a pint bottle and 1ll tho
bottle with plain GRADUATED uEa
syrup. The total cost IL about 66 cents
and you have a full pint Of the most
effective remedy you ever used.
The quick. lasting relief you pet from
this excellent cough syrup will really
surprise you. IL promptly heals the
infamcd membranes that line the throat
md air passages, stops the ANNOYING
throat tickle, ~loosens the phlegm, and
soon your cough stops entirely. Spleen
did for bronchitis, Group, whooping cough
and bronchial asthma.
PineK Is a highly concentrated com.
pound OF Norway pine extract, and Ia
famous the world over for its bnallnR
effect on the membranes.
To avoid disappointment ASH FOR "2IL
ounces OF PineI" with full directions
and don't accent ANYTHING else. A guar.
nntce Of absolute satisfaction mr. money
promptly refunded goes with this prep.
99rstion. The PineH Co, Fl Wayne
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
In the Days News

Nathan StrauS, whose philantrophie,
have given him a worldwide reputa.
ton, will celebrate his 10th birthday
anniversary today at his home in New
York City. Born In RheniSh Bavaria
Mr.. Straus came to America in boy
hood and settled in Georgia, but soon
he moved to New York, where his elder
brothers were already engaged in bust
ness. Following their example, he
entered mercantile pursuits and in the
course OF time became a partner IN
several of the largest department stores
in the metropolis. In 1914 he Withdrew
from active business to devote himself
wholly to humanitarian work, much
of which he had initiated years before,
notably his provision of milk for the
children OF the city and his plans for
helping the poor with food and fuel.
Always interested in the welfare Of his
own race, he has given generously TO
projects in Palestine, as well as for the
relief ,of the JcwIst sufferers from the
war. Mr.. StrguS is a brother OF Oscar
s. Straus, who has attained prominence
in public HE Another BROTHER, lsldor,
was lost ON the I%llantic..
War Savings Stamps pay YOU 4 per-
cant ,,t.yyrt
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
.DOvT0R GIVES RECIPE
FOR GRAY HAIR
Well known New York Physician
Gives Recipe for a Home Made
Gray Hair Remedy

A. l. pulsou NJ. y, who has prac.
liccd medicine m New York City for
many years, gave out the following
recipe for home made gray hair rem
cdy. Gray, strcakcd Or faded BAR
can be- Immediately turned black,
brown or light brown. whichever shade
YOU desire by the following simply
remedy that You can make at home
Merely get a small box Of Otlcx
powder at any drug store. II costs
only 3 cents and no extras TO buy
Dissolve It in one ounce Of water aud
comb It through the hair Full dircc.
tons for use come in each box.
"lou need not hesitate TO use OflcN
as a $1,000 gold bond comes in each
box guaranteeing the user that Oflex
does not contain silver, lead, zinc,
sulphur. mercury a]nilinc, coal-tar
products or their derivatives.
1T docs not rub off, is not sticky
or greasy and lcscs the hair fluffy,
1t will make a gray haired person look
twenty years younger" (Ady)
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
Policeman Will Go
on Trial Today for
Arresting Deputy

The case OF !. e. Milan the patrol
man charged with oh,tmCtug Deputy
Sheriff J.. ! Helm 10 thc discharge ol
ms duties. Is ,ct for lull IN the county
court this Afternoon Milan It Is
charged, attempted To take the deputy
sheriff TO the police station last fall Tor
violation of the headlight dmming ordi
nance. when Helm had charge ul two
prisoners
An effort wa, made Yesterday ~
have the case settled uut ul court. but
both Helm aud County Auomcl Charlie,
Sclby want the case 10 gu 90 tual "Ihi,
&, ~ the nature NJ a test case, and a
point Of law &, involved that should be
settled SAID Sclby That is. whether
one officer ha, a right while enforcing
q Law 10 detaiu or interfere with anorh
e. officer, who is engaged IN doing his
duty At the time
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
PERSHING ATTENDS
COUNCIL Meeting

VERSAILLES, France, Wcdncsda,
Jan M-Gcncral Pcrshlng attended to-
days meeting oi the supreme war coun-
al here. together with Cen Ta,ker II.
Bliss. the chlcl Of staff OF the Ameri.
can army.
Today's session aroused more inter
est than the preceding meeting, Of the
body, as was Evidenced by the crowd
which gathered
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31

and arc going directly to Philadelphia
from Seattle
Earl +. Berry At Tulsa arrived this
morning 10 JOIN MIR, Berry and their
baby daughter who have been visiting
Mr. and Mrs. I VI Bass. l1N Dale
avenue and return with them this eve
mng.
The meeting of the Federated Pa.
irons club tomorrow at the high school
has been postponed until february 3.
when It will meet IN room d. J.
Mrs. Samuel krcpp, who was 'hc
guest for several days Of Mrs. John
W. Graves, PA West Ninth street, re-
turned yesterday 10 her homc m Iush-
ing.
X y y
The c. 7. p. club which met yc,,cr-
day at the home Of Mrs. Harry Nation,
25O9 North Hudson avenue. will meet
in two weeks with Mrs. Ivan Noel, Slg
East Fourteenth street
T. y 2
Mrs. J {. Turner and baby son, Jack
jr, who have been the guests Tor some
time OF Mrs. Turner's sister, Mrs. J NJ.
Aydelotte and Mr.. Aydclottc. lllS East
Twelfth street, left Saturday for their
future home in Ladonia. Texas. Scrgt.
Sims {. Denny who is also the guest
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-01-31
<1lg98Ss & 5 H!!ae r:
~1sSasD,lo Judd Mortimer Lewis
judd Mortimer Lewis

would be waiting for me when school
let out today and | told her | didn't
but / told her hat wasn't anything
because | did not expect him yester-
day, and she said "Thc next time YOU
see him tell him that | was talking
about him and said | thought he was
splendid, will you2" and | said / would
and when school let out, there thcy
were again. and Miss PcaChy was al
ready out there when me and Rowdy
got there and ! run out and SAID
"Phin, Miss Pcachy said for me to tell
YOU that she thinks YOU arc splendid"
and Alice and Waw laughed and Miss
Pcachy bluShcd and Phin bluShed, and
then he said. That is because Miss
Peachy doesn't know me, Patsy" and |
said, 81 know that. | thought You were
splendid till | knew YOU" And then
they all laughed like | had said some
thing funny, and | laughed too, so they
would think | saw the Joke, but il it
was a Joke it hasn't soaked in vet.
Then Phin tipped his hat and told
Miss Pcachy he was glad he saw her
again, and then he honkcd and stepped
on something and the auto started go
ing away from there Then Waw said,
"Phin, you are a darling Did you
notice how she looked, Alice. when we
drove off and left her standing there"
Alice said, Eyes, ! noticed, and | must
say it was one Of the most ungentle-
manly actions ! ever witnessed" When
she said that the automobile jumped
over the ditch and ran across the side
walk and bumped into the fence, but
it did not bump very hard, because
Phin stopped it in time. | did not
think anyone was hurt, but | guess
Phin was because he said Couch :" but
he said it before we Jumped the ditch
It knocked Rowdy off the running
board but he thought it was a Joke,
and he jumped around and waggcd and
barkcd like he would like to have them
do it again. but Phin wouldn't. He
Just backed her out into the street aud
started her up again and We went real
slow.