davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Regular Declarations

Bangor Railway & Electric Company
Quarterly dividend of ia per cent on the
preferred stock. payable April to stock
holders of record March %.
Dominion Steel Corporation. - Quarterly
dividend of g per cent the preferred
stock. payable May l to stockholders of rec
ord April 10.
Kentucky Securities Company-Quarterly
dividend of / Il per cent on the preferred
stock. payable April j. to stockholders Of
record April l.
Manhattan Traction. Light & Power Com
pany.-Quarrerly dividend OF per cent. paya-
bic April Is to stockholders of record April |.
Pennsylvania Lighting Company.-Quar-
terly dividend of / u per cent the pre-
ferred stock payable April - to stockholders
OF record April s.
United States Rubber Company.-Quarterly
dividend of X per cent the second pre-
ferred stock payable April 80 to stockholders
of record April IL.
Utah Gas & Coke Company.-Quarterly
dividend of ! a per cent the preferred
stock. payable April ! to stockholders Of rec
ord March 30
West Penn Power Company.-Quarferiy
dividend of Ia PEI cent ON the preferred
stock, payable May l TO stockholders of rec-
ord April 20.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

OF the raw material bought bv the
cotton mills. ~ 'Ne
1t IS becoming more and more clear
that the American CONSUMPTION this
season, plus the probable exports
VIII be substantially less than the
commercial crop.
Not little cotton will therefore
remain unsold at the end of the sea
son, and it is a question whether the
holders will try to sell it or prefer
70 carry it over rather than break
the price. Their attitude will prob
aaoly be determined by the outlook
Tor the next crop.
II as the season develops a large
yleid and further addition to the
surplus should be indicated holders
nay become less imperturbable.
Meantime it is we'll to bear in mind
mat pending the advent of peace the
consumption of cotton will be limit
cd to the spinning capacity of the
American mills (Which has appar-
entity reached it's maximum) plus the
possible export demand, which is not
likely to Increase while the tonnage
available is decreasing
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

In foreword to the new and
unusually interesting investment
economist section of the country's
leading transportation magazine,
The Railway Age Gazette" Frank
a. Vanderlip delivers a message that
should be read by every banker, in
dustral leader and business man in
this country, for upon the extent to
which it is understood and appreci-
ated depends the future prosperity
Of the nation. Mr.. Vanderlip SAYS
There has never been time when
it was more important that the pub
lie should be impressed with the
community value of capital than now
he waste of wealth going on at the
present time is appalling. Enor-
nous debts are being piled up, for
the payment Of which the good faith
OF the nations is sacredly pledged.
Economic relations are being radi-
cally changed by the pressure of con-
dltlons which are themselves tempo
rary, and there is evident danger of
appear. To meet this situation with
out disaster industry must be sus-
tanned after the war by large new in
vestments in constructive work.
There never is full employment for
the industries except when such in
vestments are being made. The al
most complete absorption of surplus
incomes by public loans during the
period of the war will throw the
country behind its normal develop
rent, and in order to recover this
lost ground, as we'll as to provide i'm
mediate employment for the coun-
try's wage earners, it will be impor-
tant promptly to organize our re-
sources to finance these new opera
tlons. That the wastes of war shall
be made good, that the debts of the
war shall be paid, that every man
and woman wanting employment
shall be able to find it, and that the
efficiency and productiveness of in
Fl dustry shall be so increased that
wages may be sustained and the
costs Of living at the same time re-
duced-these are the aims to which
we must unitedly set ourselves when
the war is over.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Agree on Lead Prices
Government Needs To Be Sup.
piled at &c a Pound

WASHINGTON, April 6.-The War
Industries Board to-day reached an
agreement with the lead industry
whereby the industry will furnish all
government requirements for lead
products 100000 pounds minimum
and 100000 pounds maximum ia
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
'nth-at prices averaging 7 cents

month-at prices averaging cents
pound.
The prices agreed on are those now
quoted In the price list contained in
~ he Engineering and Mining Journal. !"
Inc agreement. an announcement by
the board said, will stabilize the mar
ket. 1t Will remain in effect four
months.
The maximum requirement of 70 ooo,-
oOO pounds month for the government
is ~ per cent of the entire lead out
put of the country. No priority orders
for delivery, therefore, will be neces-
SarV
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

The above rates express the cost of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling at, say, s4.75as y. The intrinsic
parity is $4:S6Ss per pound. Thus you
say either that pounds are at discount
or that dollars are at premium, which
is owing to the fact that in England
the demand for dollars with which to
settle accounts in this country is greater
than the demand in this country for
pounds with which to settle accounts in
England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
News Digest
New York

Bankers Meeting Postponed Owing
to the conflict with the Liberty Loan
campaign the proposed spring meeting
of the executive council of the Ameri-
can Bankers Association, at Hot
Springs, April 90, % and "a, has been
postponed and will be held on May 9,
10 and H.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

The market is so inactive that 1t
requires little attention, and Wall
Street keeps watchful eye on the
ticker more from force of habit than
from necessity. 1t is the consensus
Of opinion that the prevailing stolid-
ity will continue for considerable
period. Therefore traders who ordi-
rarily are interested only in the fluc-
uations from hour to hour are tax
ing advantage of their idle moments
to look further ahead than is their
wont, and one may hear in any
brokerage house much interesting
speculation as to the future of the
market. In general opinion is sur
prisingly optimistic. Almost with
out exception those who are willing
to venture a forecast--and there are
many Of them-believe that. barring
only an unexpected German victory.
the prospect for higher stock prices
in the next eight months is favor
able, and even among those who do
not subscribe to this view the major
ity seem to hold that no important
reaction in prices from the present
level is likely to occur. With the
average Of prices some thirty points
below the high level reached on the
crest Of the great bull speculation
that terminated in December, 1916,
with stocks more strongly held than
ever before and with speculative
commitments extremely small in vol
ume, it is pointed out that the mar
ket is in very strong position. The
technical strength has been demon
strated time and again in the last
few months; for instance, when the
shock caused by the Garfield fuel or
der was received with scarcely a
tremor. And, says the trader, what
doesn't go down must go up. In sup
port of this view he points to indus
trial earnings. Even though the ex-
cess profits taxes paid by most cor
poratlons were larger than had been
estimated, the balance for stockhold-
ers in the majority of cases was
fully as much as could reasonably
be expected-sufficient in ordinary
times to warrant higher prices for
stocks than those which now prevail.
Moreover, there are not a few who
believe that the government will be
satisfied with the amount derived
from taxation on existing schedules
and will not increase the imposts
this year. And so, the trader con-
eiudes, when we shall have attaind
quantity production of airplanes and
other things required for war. when
the output of ships reaches expecta-
tons, and when we have a great
army IN France-in other words,
when we are really in the war
there will be revival of confidence
IN security values, and the public
will once more take an active inter-
est IN the market. That, in sub
stance, appears to be the majority
opinion IN Wall Street about the
future Of the market. 1t remains to
be seen whether or not Wall Street
Is right. a year ago, when we en-
tered the war, it held much the same
view, and even went so far as to pre-
dict the exact time when bull mar
xet would start. 1t was very wrong
tnen; perhaps it is this time also.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Anaconda's March Output

Production of the Anaconda Copper
Company for the month of March
amounted to 2s,o0O00O pounds com
pared with 24,l00,0oO pounds in Feb
ruary and 24,084, 900 pounds in january.
In March, 1917, the company's output
was 81 10000 pounds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Relevant Comment
Steel Needed for New Assay Office

Steel Needed for New Assay Office
1t is estimated that between 900 ana
1000 tons Of steel in various forms
will be used in the construction of the
Government assay office on Wall
Street The greatest tonnage will be
for the interior work and for the vaults
which require special armor plate. 1t
is believed that about 600 tons Of rails
and probably an equal amount of plates
will be needed, besides 200 tons of
steel plates before the building is COM
pl ated.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Elections

NJ. A. Morrison, B. W. Lynch and
II. c. Cummins were elected directors
of the Northern States Power Company.
Mr. Cummins succeeds ". r. Thomp-
son, resigned.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
count for each of thu twelve Federal
districts are as follows:

Bank Clearings.-The days bank
clearlngs at Me- York and other cities:
Exchanges. Balances.
New York. .S543, 655,557 S51.0o1.e52
boston 800. 43,46e,363 5,408.764
Philadelphia .. 54,753,359 1O.7o1.372
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Dividends
Extras

Grass Creek Petroleum Company
All extra dividend Of per cent has
been declared, in addition to the rcgu-
lar quarterly dividend Of 3 per cent.
both payable May to stockholders Of
record April l5
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

terest at the rate of per cent. 1t was
not until late last December that the
rates were advanced half of l per
cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07


follows 49, TAs WEN a.
RESOURCES
April 5. March
Gold certificates in s4a37aoooo
Soia 1und r. H. board)
~ ~ 1eN "se"e'e''''' .''''''''''' 52SooOO0 5250OOOO
r., Total l god held by banks se174aOoo se42o1sooo
cola da1 er@ reserve agents a73o7Ooo
$500 ACKNOWLEDGEMENTS 23,o4OOO
Total gold Observation-Disclosures. sts1ae24ooo s1sts7o4ooo
Legal tender notes. silver etc 6a5oeooo 5sa5sooo
Total $s7743aooo s1874o65Ooo
Bs 573883CCO 58322aCEO
0's oo"sn IN open 32650oo0 3olO65cCo
. Ioa bills on hand seooaseooo sas72ssooo
states government
an nas govelnt short ter" securities 2eo4ooooo
' jaw 9"'''s @Sse'''' $4,000
Due rom Fda assess s1224ooo
Uncolected items $1,000.
Five per cent redemDon fund sn Eed s366o5oo
Reserve note $4,000
All other ....................
Tot resou ......... $3,459e59Ooo
LIABILITIES
Capital Observation-Disclosures. s74,4e4ooo s74223ooo
Surplus 1134OOO
Government 1o488ooo
14739400O
Collection 226129O0o
Other deposits
Total s19ot 442oco
Federal Reserve
Federal Reserve Bank in
. net liability ...................... $4,000
All 0her h'o'ltles.' 9s33ooo $4,000
Total liabilities. s34459a4 COO
Ratio gold deposit
Lies coAiDi"ed, ooa per cent week before SOS
Ratio total
ties combined, ga 27perce
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

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. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Market Barometers
Stock Exchange Transaction

January I to date:
1918. . .4,1s3,7oo 29,444,5oo 1865. 200
1917. &, 1857, 800 47,o2e, 400 $685., 700
1916. :. ,5,e15.5o0 39,6s2,9oo 45,26s, 400
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

Cotton, the political commodity,
oeing immune from arbitrary inter
ference with the law of supply and
demand, rises steadily to new record
Prices. In the New York market
last week the spot price reached Sc
cents a pound. That Is 80 per cent
ABOVE the top price of any year, ex-
ceps 1917, since Civil War times
when production necessarily was
greatly curtailed and commodity
values were expressed in terms of
appreciated currency. Yet no seri-
GUS attempt has been made to fix the
price Of this staple, nor would such
an attempt be likely to succeed as
long az the South retains control Of
the political machinery. If it were
NOT Tor the fact that failure to as
sumo control of the price of cotton
"hen the price of wheat is fixed
'o'lousiy Is discrimination in favor
u the planter as against the mere
farmer, there would be no occasion
i'r tampering with the South's lead
ing product, but high cotton prices
result in high prices for cotton
goods, and the wheat farmer natu-
.aiiy IS dissatisfied. His profits are
united, but there is no limit to the
prices ne has to pay for the clothing
as must buy. That is the complaint
heard from farmers the country
over. We believe it il iustif;ed
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

Federal Reserve Banks

April 6An earning
ana oo in Federal REESE shown by
statement
business last night which with preceding
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

An interesting phase Of the cotton
situation is that, while the supply
~ cotton goods is not sufficient to
Ass' the governments requirements
1ao all the civilian demand az well,
A'Sls ~ no real shortage Of the raw
s."iuct. Theodore II. Price, an au-
s.'f'ty. on cotton matters, sums up
we outlook this way:
ING civilian demand for foods is
e.ksiy In excess Of the productive
+ Spacity Of the cotton mills after de-
sssesinH the share Of their OUTPUT
sst Inc government IL taking. The
s.s,rta2e Of labor and the inposxihil-
81 getting new machinery make
mpossible for the mills To expand
= MI production, and their consump-
u ~ oi the raw material Ia not likely
s1ce@d sast years record.
~e may therefore gee very high
.sss Tor cotton goods without any
VS'esssbls increase In the quantity
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07


ments, etc. 81 ,291, 1877, 600
Cash in vaults of Federal
Reserve members. ..... 103, 840, 900
Reserve in Federal Re-
serve Banks 51e,533, 600
Reserve in vaults of state
banks and trust Co.'S. 1e,eea,ooo
Reserve in repositories. 8,641, 600
Net demand deposits -. 1892, 1863, 600
Net time deposits ........ 1876, 796, 900
Circulation ...........,.. 1885, 900
Aggregate reserve........ 545, 1857 600
Excess reserve. .......... 44,647, $40
United States deposits deducted,
1928, 100000.
The changes from a week ago were:
Loans and discounts Dec. $43, 634, 600
Cash in vaults of Federal
Reserve members. Inc. 1,758,000
Reserve in Federal Re-
serve Banks Dec. 1851 900
Res. in vaults of state
banks and trust COS. Dec. $4,000
Reserve in repositories Inc. 821 600
Net demand deposits. Inc. 100000
Net time deposits Inc. 2,441 600
Circulation Dec. $1,000
Aggregate reserve. Dec. 15,333,00O
Excess reserve. Dec. 1915 .480
Bank Acceptances.-Bid rates quoted
we're as follows:
Thirty Sixty Ninety
Spot delivery: days. days. days.
Eligible member ., .
banks .+Ts 10 4Ze 10 -7s 10
j,ln -
A'i ber banks .4M% 41z% 41z%
Ineligible bank r -
bills o/1 10 S/4 70 WEI
For delivery within thirty days:
Eligible member banks. ......4 1871
Eligible non member banks. 49,. ga 70
Ineligible bank bills............6 20
London Money Market.-LoNDON,
April s~-Money, 3 per cent. Discount
rates~Short and three months bills,
per cent. Gold premium at Lis
bon, 1870.
siIvcr.mBar silver in London was
45%d; of Nd; New York, ol%c; down
Xc: Mexlcan dollars, 74c, unchanged.
sub-Treasury.-Th banks lost to
the Sub Treasury yesterday $4,000.
Discount Rates.--Ofl1cial rates OF dis'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07

Closing rates yesterday, compared
with week ago, follow:
Quoted dollars tn tho ro,,J\
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-07
Bank Acceptances.-Bid rates quot

For delivery within thirty days:
E1ipible member banks .42s "a
Eligible non member banks. 80. ga %
Ineligible bank bills............6 "a
Evening star., 1918-07-29

A splendid lot of high-grade
dresses, including number of Or
candle Dresses in plain colors and
in combination of plain colors. Many
dark color lawns and voiles in neat
figures or all-over designs. Also plain
color voiles and plain white. A
number of fine chambray and neat
checked gingham of a very fine
quality, also dresses of fine tissue
zephyrs in extra sizes.
PaInis Royal-Third Floor
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22

n war talk we're money Liberty bonds
would he selling forty points above par
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22
ORGANIZATION TO
PROTECT SOLDIER
HOMES ON FOOT
FhSble In Letter to Thomas
Says He Should Be Labeled,

Every traitor of your class should be,
by a national law, brought under a sur
geon's knife and, in addition your face
adequately marked to identify you for
all time TO every eye that is cast upon
you, reads a letter Ient by o, F. Fris-
bic OF Yukon to Prof William l.
Thomas, the Chicago university proies
sor who was arrested in a Chicago hotel
with Mrs. X NJ. Granger, wife OF an
army officer now in France.
Frisbie is sponsoring volunteer or
ganization Of Americans to protect the
homes OF soldiers called away and is
sending cards throughout the state bear
ing the following pledge
Il do hereby pledge dpon my honor
as man, and. as The duty OF pa
,rio,ic American citizen, TO hold. at all
times. the honor OF every American
soldiers wife and dependents as sacred
as the honor OF my mother and sister,
And, | further pledge every re
source at my command to protect to
the limit Of my ability the home OF every
American soldier against the enemy
from within, as the American soldier
has sworn to protect II with his lie
itself, against the enemy from without
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22

Mrs. Maude Milan, teacher of the
fourth grade at Washington school, has
three large boxes Of young tomato and
pepper plants which by Nav | will he
ready to place on the market by her
pupils. In this way all her pupils will
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22
WINNERS At FAIR
Get WAR STAMPS
Twin the War; Policy at
State Exposition,

War savings stamps are among the
premiums to he awarded winners in the
boys and girls club work contests At
the Oklahoma State Fair and Exposi-
tion this year, in conformity with the
win the War" policy upon which the
1918 fair is based
twenty-five dollars, worth Of stamps
is to he given as a special premium
by the Fl Reno Mil a. Elevator COM
pany Of FL Reno to the boys wheat
club member who produces the largest
yield Of wheat ON one acre.
One hundred dollars worth OF stamps
is offered by the Tulsa Clearing House
association, through Harry +. Bwby.
secretary ry-manaPer. formerly a resident
Of Oklahoma City and secretary of the
Oklahoma Bankers association.
These stamps are TO he divided
equally between the boy and girl In
group No of the Oklahoma Bankers
association, who win one Of the ten
scholarships in the Oklahoma A. & NJ
college valued at Sl6O each. offered by
the bankers Group No. 4 consists Of
the following counties Washington,
Nowata Craig, Ottawa, Tulsa, Rogers.
Mayes, Creek. Delaware, Wagner
Cherokee Adair Okmulgee, Muskogee.
Mcintosh and Sequoyah.
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22

have an opportunity to raise their Red
Cross membership by practical earning.
The 4B room is on the north side Of
the building, so Miss Rey Frye and
Miss Myrtle Barston, first A and first
R teachers, who have south side rooms
have loaned the sunshine Of their win
dows to the growing plants.
The tomato plants are the Earliana,
Early Chalk Jewel Stone and a late
variety, the peppers being the sweet and
chill varieties
Last year the pupils sold plants, net
ting the room $500
J. NJ. Van Wrinkle Of 600 West Thir
~ second street Is in such close sym
pathy with the movements Of Edge
mere school through his two youni
granddaughterS, Miss Mary Van Win
klc and Miss Margaret Van Wrinkle o
! 6ls West Thirty-second that last weel
he purchased a sewing machine for hi
granddaughter to present to the school
With so practical a school friend tn
school is now turning out Just twice th'
amount Of Red Cross work as before.
Miss Teresa Driscsll Of 423 West D
Capitol Hill teacher in the Washing
ton school, formerly taught at Anadar.
ko Okla
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22

listed men have been landed a. an
English port
Announcement Of the sinking Of the
Lakemoor was made simultaneously
with that of lhc wrecking Of the Amer.
'tan steamer Florence II from an I'M
'crnal explosion in a French port On
the night of April a. There was
probable loss of f5rly-one lives, VlSe
Admiral Sims reported 10 the navy
department SATURDAY night
HWtn.n. .H
Saving dollars and was'nr 'hr 'vrs
0l the boys 100 ibs trenches rs po0 Husi-
mes, Better invest In a'liherty bond
HNua HH-
A troop of mounted girl. scouts ls
helping l1 palru. ihe Florida coast
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22
Oklahonan Lost
When u. S. Ship
Is U-Boat Victim

WASHINGTON April p Milton
T. Hobbs seaman Of Ava. Okla, was
among the loriy-iour men missing from
the American steamer Lakemoor which
was topedosd and sunk on her maiden
voyage In European waters on April
II, the navy department hai announced
Five officer, including Lieut. Com
mander X. J Powers and twelve en-
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22

The community music movement
which was brought into life by the city
federation Of womans clubs two wears
seo Is continuing according 10 the re
port OF the educational committee of the
city federation
Last year the Forsman's records were
purchased in five sets, through the pro-
ceeds from the May festival and they
ere now being used in five schools
lhe Bryant, Eugene Field Washington
Lincoln and Culbertson Heights, in a
thorough tryout.
The second grade pupils Of Edmemer,
eehooi under Miss Brittson are studvin.
japanese jinrickasbas, the coolie car
9iAses for The well.to-do japanese
hspik are making their specimen coole,
carriages out Of cardboard and man,
efsfty and neat little designs are ben,
displayed.
Alien Williams and Loren Dalton o
E1genrore school have a wrenA hous
t1sdy for their summer tourists.
f 10 ltfl --------
" 4 eoscng anti-cigaret league opsr
- = Riverside school, its organi,a
~ belng widespread. Little troubl
nl b keep the school free fror
ngpt habit
,ootpt under the auspices Of th
conmiftee Of the city feder
uonie elubs which has bee
The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-04-22
I0FFE TO REPRESENT
RUSSIANS AT BERLIN
Ry The Assoclsted Press.

MOSCOW, Tuesday April H.
Adolph Ioffe has been named Russian
AMBASSADOR 10 Germany and is leaving
Moscow tonight with his staff On his
way TO Berlin he wilt meet Count Won
Mirbach, German ambassador to Rus
sia
NJ. Toffe was chairman Of the first
Russian peace delegation az Be e
itovsk He is only "a years old
is a bolshevik socialist. He spc a
long term in exile in Siberia and a,
one time lived in Germany.