davidaulloa/AmericanStories huggingface dataset:
The Bridgeport times and evening farmer., 1918-05-24

ten results in q, wreck. he car had
seven occupants including Mrs. Con-
merry and Rev. Father Burns.
The program for the local observ-
ance of Memorial Day has been
changed, the plan of a union service
at the Center church next Sunday
evening being abandoned for open air
exercises on the square before the
town house. These are to occur at Z
o'clock on the evening of Memorial
Day, the 3Oth, with Rev. A. G. Co
burn, an eloquent Episcopal clergy
man of Danbury, as the chief speaker.
Should the weather be stormy the ex-
ercises will be held in the Center
Methodist church.
Commencement exercises of the
Sanford school, which are to be held
on June 4, include the setting Of a
third milestone on the Putnam Park
road. The usual athletic competitions
and dance at the school gym are
also on the program.
Charles Rowland, son Of Walter P.
Rowland of the Georgetown section,
left on Wednesday in response to a
call to military service. He was a
The Bridgeport times and evening farmer., 1918-05-24
RELIGIOUS RIGHTS
INTERPRETED WITH

Washington, May 24-As a climax
to atrocities in Belgium, the German
military despots now have gone so
far as to interfere with the religious
liberties of the civilian populations
of the occupied territories.
A letter. written to Pope Benedict
by the Bishop of Journal, made pub
lie here by the Belgian legation, tells
how Bavarian soldiers summarily
halted religious service throughout
third of the Bishops diocese on Nov.
IA last year.
ST am fulfilling painful duty"
wrote the Bishop, 'fn informing your
Holiness of the ordinations in my
churches on Nov. 14th last, by the
Bavarian army. Throughout the
Depot Zone, that is to say, through
out one-third of my diocese, the SOL
1iers came to the churches and con-
vents at in the morning. They
stopped the services, emptied the
churches, and in some of them oblig-
ed the priest at the altar to interrupt
Holy Mass"
The Bridgeport times and evening farmer., 1918-05-24

draft subject and sought exemption
on the ground Of agricultural activity,
but the plea served only to delay the
summons.
Campaigning for the latest Red
Cross drive began actively on Monday
and will contnue through the week.
The plans laid out by Mrs. 4 B. San
ford, head of the local nd Cross
branch, provide for a thorough house
to house canvass throughout the town
with the exception of Georgetown
which will be looked after by vii
lage committee.
A deed was executed on Wednesday
by which Mrs. Theodore Adams con-
veyed her residence property at the
Center to Charlotte Brown of New
York. The grantees husband is in
the publishing business.
Mrs. A. G. Barnett has been ap-
pointed as the head of the Redding
committee on child welfare work.
Miss Taylor is the committee for the
Georgetown district
April consumption of wool was TO-
S0A 600 mounds
The Bridgeport times and evening farmer., 1918-05-24

Smoked
Ham

1t is the honest hardwood
smoking we give these hams
at GobePs Kitchens that
makes them so delicious.
Only the best young hams
are chosen for the process.
The curing is done with care
and accuracy. The result is
tender, fragrant, fiavory ham.
These are perfect hams for
baking whole, or you can buy
Gobels Smoked Ham by the
slice for broiling, frying, and
baking. There is no finer
meat for lunches and dinners.
Ask for GobePs Quality
First" Smoked Ham at good
delicatessen and food stores.
The Bridgeport times and evening farmer., 1918-05-24

Plans by the government are being
carried out near Camp Wadsworth,
S. c., for the cultivation of much idle
land. Soldiers will do the work.
The Bridgeport times and evening farmer., 1918-05-24

April consumption of wool was TO-
500, 900 pounds
New-York tribune., 1918-02-24
Japan Makes
A New Export
Trade Record
Value of Goods Shipped
From Country in 1917 In
creased $25O,0O0,OO0

Akira Den, financial commissioner of
the japanese government in New York,
yesterday received an official foreign
trade statement of Japan, covering the
tull twelve months Of 1917, showing
heavy increases in almost all export
and import lines. The figures reflect
the industrial prosperity that has come
to Japan as a result of the war.
With total exports of 100000, 900,
the outward movement of goods from
Japan last year broke all previous rec
ords. The increase over 1916 was
nearly 1000. Imports passed
the 100000 mark for the first
time, with an increase over the pre-
ceding year of s125,000,o00. Total ex
ports and imports aggregated a value
OF $1,3o0,O0o,00O, with an excess in
favor of exports Of approximately
$3OO,000,OO0.
With the exception Of prepared food
stuffs and tobacco, every group of Jap
anese imports participated in the gen.
eral increase. Practically all of the
export groups showed substantial in
creases. Among the imports the
largest increase in absolute figures is
furnished by the group of raw ma
terlals; the largest relative increase
IS found in the group of partly manu-
1actured goods. The increase in i'm
ports of raw cotton and steel plates
contributed largely to the gain in these
groups. Last year $75,O00,0OO worth
OF plates and sheets were imported,
mostly Tor use in shipbuilding. This
was an increase Of $50,0OO,000 over
1915. Imports of raw cotton aggre-
gated value of $160, 100000, an in
crease of $25, 100000 over 1916.
In the case Of exports the largest
Item was silk, Of which Japan shipped
abroad $175,00O,00O worth in 1917, an
increase of $44,000,00O over 1916. Ex-
ports of cotton yarns increased s15.-
100000, to $4,000, 900 Cotton tissues
exports aggregated $112,0O0,OoO. an
increase of $34,o00,000 over the year
before
The trade figures show heavy move
mcnt of gold and silver in and out of
Japan during the last year In 1917
there was imported total of nearly
100000, 900 in gold, an increase of
S14O, 1000 over 1916, most of this
metal coming from the United States.
Exports of gold for the year amounted
to $4,000, 900, an increase of S65, 900.
600 over 1916. Most of the gold ex
ported went to India to pay for cotton
and other raw materials bought in the
Indian markets.
New-York tribune., 1918-02-24

chased from the banks with agreement
TO repurchase in fifteen days" amount
ing to S27 ,550000. 1t is understood this
new Item is result of an expedient
adopted by many Of the member banks
TO get around the Federal tax of 2
cents per $100 on note loans. The rate
on tifteen-day advances at the Federal
Reserve Bank on bank promissory
notes, it is explained, is 31z per cent
plus the cents tax per $1OO 1t is
inquired that one-day loan at y per
cent interest plus the tax is equivalent
to interest at the rate of 10 per cent a
year. On fifteen-day loan the 31a per
cent rate is equivalent to about 4 per
cent year. Therefore, if a bank dis
poses of any of its holdings of per
cent certificates of indebtedness the
cost will be no more than obtaining a
flfteen-day advance. But if it under
takes to repurchase the certificates
from the Reserve Bank any time within
iltteen-day period it will gain by so
much over an accommodation secured
through an advance upon promissory
note. Attention has been called to the
fact that in this manner government
obllgatlon is made the means of avoid
ing the payment to the government of
one OF its war taxes.
New-York tribune., 1918-02-24
Relevant Comment
General Motors Stock Weak

General Motors stock declined sharp
ly yesterday following the announce
ment chat an offer had been made by
the company to purchase the assets Of
the Chevrolet Motor Company, cxclu-
slve of the latter's stock holdings in
the General Motors Corporation. The
closing price was 1855, a net loss Of
31s points. What may have been a
more important factor in bringing
about the break was the notification
received by the Stock Exchange that
the Chevrolet company wished to dis
pose Of all or part of its holdings in
General Motors. This notice said: /:
CAS- required at the time of listing of
General Motors Corporation stocks in
the matter of the holding by the
Chevrolet Motor Company of General
Motors Corporation common stock, the
following notice has been received: In
accordance with the agreement entered
into between the Chevrolet Motor
Company and the New York Stock En-
change relative to giving sixty days
notice of the company's intention to
dispose of the General Motors COM
mon stock owned by it, notice is hereby
given of the company's intention to
dispose of the same in whole or in
part" The notice was dated February
q and signed by John T. Smith. sec
retary and general counsel of the
company.
New-York tribune., 1918-02-24
Central Leather Co.
Earns Over $50
On Common Stock
Domestic Demand for Com
pany's Product Shows a
Falling OFF

Net earnings Of the Central Leather
Company in 1917 were S21, ,o66,o61, COM
pared with $21,7S8,679 in 1916. The
years surplus after all charges, includ-
ing preferred dividend requirements,
was $12,173,925, equal to S3O.41 a share
on $39,701, ,030 common stock. In 1916
the company earned S33.14 a share on
its common shares. Gross sales last
year were S91, 1,731 ,54s, compared with
s93,247,552 in 1916 and s68,917939 in
1915.
The net earnings last year by quar-
ters before deductng bond interest
were: First, s6,794,175; second, $780,
359; third, S2,373,536; fourth, S2O94,-
992. The decline in revenues during
the last half of the year was attrib-
uted by Edward C. Hoyt, president of
the company, to embargoes on ship
ments and marked shrinkage in the
domestic demand, which resulted in
lower prices for both hides and leather
There was also an increase in manu-
featuring costs, due principally to the
higher cost of labor.
Current assets" said Mr.. Hoyt in
lHe report, are IN excess or current
liabilities by the sum of STA 1894 and
are SAB, ,l40,244 in excess of the entire
liabilities Including the bonds), ex-
elusive Of capital stock Current ac-
counts receivable are in good condi-
ton, the estimated percentage of bad
debts being less than 1S6 of l per cent
Of the amount of sales.
Leather in stores, lumber and other
finished DrOGurtS which orn lnod OF
conservative market prices, show a to-
tai increase in inventory value Of &c.,
l12,740. The remaining inventories,
which are taken at cost, show an in
crease over last year Of s954,O00."
During 1917 the company invested
100000 in two corporations engaged
in the manufacture of upper leather.
The company entered 1918 with cash on
hand and in banks amounting to s4,-
3S0,s50, compared with $4,854,S27 the
preceding year.
New-York tribune., 1918-02-24
Canada Seeks to
Adjust Adverse
Trade Balance
Deposit of Municipal Bonds
Against Credit Is
Suggested

OTTAWA, Ont, Feb. 23.-The prob
lem Of adjusting the unfavorable ex-
change rate now existing between the
Dominion and the United States is one
which is seriously engaging the atten-
tion of the Finance Department and the
government here Canada now has an
adverse balance of trade with the
United States of nearly $4O0,Oo0,OOO,
and as a consequence the rate of ex-
change is unfavorable to the Dominion.
The adverse balance is largely due to
the fact that there is little wheat
movement from this country across the
border and that the United States has
embargoed long list Of imports.
If the adverse rate of exchange cam
not be adjusted it is believed Canada
will be compelled to heavily curtail her
imports.
1t has been suggestad that pro-
vincial and municipal bonds might be
deposited in the United States against
a credit to obviate the unfavorable ex-
change rate
A further suggestion, and one on
which the government is at present
working, is that Great Britain make a
loan of $300000,00O from the United
States, to be placed at the disposal of
Canada, in return for an equal amount
which Canada must raise to finance
British orders here.
New-York tribune., 1918-02-24
Utah Copper Co.
Profits Fall Of

Net profits of the Utah Copper Com
pany in the last quarter of 1917 were
S9,34O,784, equal to $5.75 a share on
l,624,490 shares of stock (Sl0 par). In
the sponding period of 1916 the
company's net profits were S10,651 ,06S,
or $6.55 share.
In the third quarter of last year net
profits amounted to only S2,834 ,225. and
in order to meet dividend payments
surplus was drawn upon to the amount
of $3,663,725
Computed on the basis of quarterly
reports, total profits for 1917 were S2o,-
ss4,s68, equal to S18.45 share, COM
pared with S24.46 a share earned in
1916.
Earnings for the last quarter were
computed on the basis of 29o65 cents a
pound for copper. compared with IA 4O3
cents Tor the third quarter, 27977 cents
tor the second quarter and 26173 cents
tor the first quarter. The wide differ
ence between the carrying prices for the
third and last quarters was said to be
almost entirely due to the variation in
the quantity of unsold copper on hand.
as, according to established custom. ali
rnscld copper is carried in inventory
at 13.5 cents a pound.
During the last quarter copper sales
were much larger than the production
and this resulted in a substantial de-
crease in the amount of unsc d cooper
on hand December 81. A large amount
of Federal income and excess profits
taxes have been taken into account in
the results for 1917, but there NAV Be
further sums, when the amount of
taxes the company will be called upon
to pay the government shall have been
determined, to be charged to the years
operations.
New-York tribune., 1918-02-24
Germans Work Havoc With
Belgium's Largest Steel Plant

The Germans have dismantled or de-
stroyed portions Of Belgium's largest
steel plant, Soc. Anon. John Cockeril.
at Seraing, near Liege. The extent of
the damage wrought is thus indicated
by the London Ircn ana Coal Trada,
Review" on advices from Switzerland
taken from the company's annual re-
port: Owing to German rcquisitions
OF al kinds, the value of the companv's
plant, which originally cost over s4,-
100000, had been reduced by the end
OF June to about sl,2OOO0O. Since
February, 1917, he German military
authorities have prohibited further
employment of Belgian workmcn even
on the most necessary work.
New-York tribune., 1918-02-24
Dollar in Foreign EXCHANGE

Italian exchange continued to display
weakness most Of last week, the STEADY
decline in the rate on Rome FURNISHING
the principal development of impor
tance in quiet market The rate got
down to SIT lire to the dollar. COM
pared with S.6S at the close of the pre-
ceding week. In exchange circles il
was reported that London had been a
seller of lire bills here. At the same
time it was said that the arrangements
for stabilizing the rate through the
medium Of specially organized COM
mittee in Italy had not yet been COM
pleted so that control Of the lire market
was imperfect
Other exchange rates barely moved
last week. In explanation of the failure
of Russian rubles to make response to
the developments in Russia, brokers ex-
planned that actual open market deal
ings in rubles ceased several weeks
ago, so that the quotation of 13 to 1874
New-York tribune., 1918-02-24
Mexican Petroleum
Puts Stock on
So Annual Basis
Half of Dividend To Be
Paid in Liberty
Bonds

Directors Of the Mexican Petroleum
Corporation, Ltd, have declared quar-
terly dividend of So share on the
common stock, of which S4O40S, 300 is
outstanding. This action places the
stock on an IS annual basis Three
months ago dividends were resumed at
the yearly rate of Sc share. The cur
rent dividend, it was announced, is to
be paid as nearly as possible half in
cash and half in Liberty per cent
bonds.
The Pan-American Petroleum and
Transport Company, which controls the
Mexican Petroleum Corporation, de.
clared quarterly dividend of sl.25 a
share on it's common stock, placing the
stock on $40 annual basis. The last
previous dividend on this issue was
7l2 cents share. Half of the cur
rent dividend is also payable in Lib
erty A per cent bonds. Common divi-
dends of both companies are payable
April 10 to stockholders Of record on
March Is.
New-York tribune., 1918-02-24
- Wea1to Markets

cents now represents no moro than the
rate at which the last transactions were
made.
Swiss exchange has continued to dis
play firmness. The swiss government
has "A $5,o00,000 note issue maturing on
March /, which will be paid off in cash.
1t is understood that the Swiss gov
ernment has been accommodating the
funds to meet the maturity for several
months through sale of Swiss bills
here.
The announcement that the Chilean
government will hereafter accept
ninety day sight drafts on New York in
payment Of a portion of that country's
export duties interested bankers. This
is looked upon as evidence of the grow
ing use being n.ade Of dollar exchange
in international payments.
If you calculate the cost of the dollar
in terms of foreign money at par value
that is, as if you were buying dollars
with pounds. marks or francs--its value
at the close Of last week, as compared
with year ago, would be about as fol-
lows:
New-York tribune., 1918-02-24

and sound economically. There is
great danger of the Congress en-
acting such legislation under tho
stress of war conditions, and a grave
responsibility rests upon Congress
in this respect Relief is being
sought for certain class of the
people of the United States, but the
whole expect and demand that wise
legislative judgment be exercised
Mr.. McFadden is not exaggerat
ing when he says there is DANCE;
that the imitation which would surely
result from the operations of the
proposed corporation would break
down our whole credit system.
New-York tribune., 1918-02-24
London Bank Profits Increase

Last year was one of great pros
perity for the big London banks. With
out single exception they all have
reported increases in profits, and in
number of cases larger dividends have
been declared. Barclays Bank showed
1917 profits Of LISP, l43, against fi.-
ll1,043 in 1916, while the dividend was
increased from ~ to 20 per cent The
London City and Midland increased its
profits by nearly 100000; the London
County and Westminster by f250,000,
the latter increasing its dividend from
l8 to 10 per cent; the National Pro
vincial by 935, 600. The list follows:
New-York tribune., 1918-02-24
South African Mineral Output

The annual report of the Department
CT Mines and Industries, Union Of
South Africa, for 1915 contains the fol-
lowing information reI>tive to the min
cral production for 1915 and 1916:
New-York tribune., 1918-02-24

Selling Certificates With Reservations
A new item appeared in the weekly
statement of the New York Federal
Reserve Bank. Under the group of in
vestments the report shows United
States certificates of Indebtedness pur-
New-York tribune., 1918-02-24

oub-Treasury.-The banks lost s2S8.-
ooo TO the Sub-Treasury yesterday.
Silver.-Bars in London were quoted
a' r. u a. unchanged; New York. S5Ac.
oown &c; Mexican dollars, CSC. un-
changed. "A
London Money Market. - LONDON.
rep, 23:-Money was steady at 8 per
cent. Discount rates: Short and three
months bills, 33s per cent Cold
premiums at Lisbon. 118,OO
New-York tribune., 1918-02-24
Money and Credit

Loans and discounts of the Clearing
House banks increased $45,242,O0O last
week, amounting in the aggregate to
S4,26o, 1910 The increase was largely
the result of shifting of balances in
connection with the latest issue Of
United States Treasury certificates of
Indebtedness. Net demand deposits of
the banks decreased S2s,951, 900. Re-
serves were strengthened, the surplus
over legal requirements increasing
s2s,534,SS to total Of $57,7s6,0 ,08O.
Aggregate reserves increased S25,000,-
00U.
United States government deposits
with local banks totalled $43S,825. 900,
compared with $359,478,O0O week
ago, the increase being due to the dis
tribution of deposits among the banks
from the funds received here in con-
nection with the last $780, 100000 GER
titicate issue.
The actual condition of member banks
shown by the Clearing House statement
yesterday follows:
Loans, discounts, invest
mentS, etc. ......... $4 ,2bU, ,O91 ,OOO
Cash in vaults of Federal
Reserve members ...... 98,977 900
Reserve in Federal Re-
serve Bank ........ sos, ,305, 900
Reserve in vaults of state
banks and trust cos.... 16,375, 900
Reserve in repositories. 8,457 600
Net demand deposits.... 3,574,495. 900
Net time deposits. ........ 201, 100000
Circulation ........... 34,448, 900
Aggregate reserve. ....... 534, 900
Excess reserve .......... 57,786,080
United States deposits deducted,
S438. 1926. GOO.
The changes from q week ago were:
Loans and discounts. E. Inc .$45, ,242, 900
Cash in vaults Of Federal
Reserve members. Dec. 1872, 600
Reserve in Federal Re-
serve Bank ...Inc. 24.14O, 600
Reserve in vaults Of state
banks and trust cos. Dec. $4,000
Reserve in depositories..Inc 1,O14,OOO
Net demand deposits. e. Dec. 28,851 900
Net time deposits. .... Inc. 1,024,0
Circulation Inc. 100000
Aggregate reserve Inc. 24,876, 900
Excess reserve ........ Inc. 28,534, $50
Acceptance Rates.-Current bid prices
for prime acceptances are as follows:
Thirty Sixty Ninety
Spot delivery: days. days. days.
Eligible member
banks ....... 4hs8o 4Is9o 41s%
Eligible nom
member banks 4N1o 43soo 43s%
Ineligible bank
bills ........ S % s % S %
For delivery within thirty days:
Eligible member banks ......... 4asqo
Eligible non-member banks. H5a%
Ineligible bank bills. 6 %
Discount Rates.-Oficial rates of
discount for each of the twelve Fed.
eral districts are as follows:
New-York tribune., 1918-02-24

Inc total value Of the product IN
1915 was 1851 ,009, while the 1915
production was valued az 5O593.359.
Both gold and silver show an increase.
The diamond production is greatly in
excess of the 1915 production, but lower
than that Of 1914. Copper production
Is 6,12S tons less than in 1915
Transvaal mining concerns in 1916
produced 28,542,650 tons Of ore, and
employed 229.9 men in ninety mines,
of which elghty-three were producing
and seven producing. IN December,
1916, 9,765 stamps and 1926 tube mills
were. in operation.-Enginee71ng and
Mining Journal.
New-York tribune., 1918-02-24
Federal Reserve Banks

WASHINGTON Feb 2sThs Reserve satemer+ .ho
o. %i4"ooVoo in gold
no'ohgs OF certificates
reserve account and inc Reserve
hotes circulation The
"fS a. compared with tho week before, as
New-York tribune., 1918-02-24

1f the railroads "broke down" I'M
a.r nrivate management, it must
hove been after last November. In
.hst month they produced freight
tr.nsportation equivalent to carry
;nc 36.oSS,Sl5,9S2 tons one mile, an
;ncrease of lisa, 4,540,294 ton miles
compared with the corresponding
month a year before.
New-York tribune., 1918-02-24

PARTNER WANTED TO PUT STEAMSHIP PRO-
peier on market, Address S p Box "A. Tribune
The Butler weekly times and the Bates County record. (Butler, Mo.) 1918-1950, 1918-11-07
OUR saw J ] !! ! J ! Nd
!. FED TIL I 1 !! !.
Food Administered of vlfites lresI'
dent America Cons tsed i4lr
100000 Bushsss vvhsat
CREDIT DUE 70 WOMEN
Meat and Fat shipmsnts tnarsassd By
~, soo, 900 Pounds

Conservation measures applled b.
the American people enables ~ Unit.
=, ot.,os - .hin "a M AfifS6 naople1
go - ~. ovr sorc.s o,er.1ss IA.
~ ~ ~ - - $500. ii. 81 mn an
vvoo ou.nei. ~ "A .N..S ~.
wv POUNDS Oh "ess 49, 49, -
year. vAiuso :" :. v.,pSo'o.. +"
This was accompnsneo - Lny As.cs "
The Butler weekly times and the Bates County record. (Butler, Mo.) 1918-1950, 1918-11-07

evacuated territories Of Austria-Hun-
gary will be entrusted to the local ati-
thorities under the control of the al
lied and associated armies OF occupa-
ton.
"Seven-The immediate rcpatEia-
ton without reciprocity OF allied
prisoners of war and interned sub
Jects and OF civil populations evacu-
ated from their homes on conditions
to be laid down by the commander
in-clief of the forces of the associat-
ed powers on the various fronts.
Sick and wounded who cannot be
removed from evacuated territory
will be cared for by Austria Hun
gary personnel who will be left on
the spot with the medical material re-
qtired.