davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
Atwood US) Wakarusa U5)

ATWOOD t1S) WakaruSa t1o)
Koontz .................J ROhrer
Forward
buIl ....... WeldY
Forward
Schue ........ G.. Rohrer
Center.
Goshert ....... Nunemaker
Guard.
Smith ................. Shank
Guard.
Baskets-Koontz. 3: Weldy, 8 J.
Rohrer. G. Rohrer. ,: Burt. Schue.
]. Free fthrows-Koontz, . in :;
Burt. 1 in ,; Weldy. l in 8; Schue.
0 i'm 1. RCferee-Ritter.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
AT HAMMOND
AT ANDERSON

Summirille, 3S; McCordyille. -.
Arcadia, AZ; Cicero, S.
New Palestine, %: Markleville. y.
Anderson. SO; Fortville, p.
Pendleton, As; Walnut Grove. Il.
Lapel. il; Carmel, %.
Anderson, so; Arcadia, -.
Westfeld, 80: Boxley. "A.
Atlanta %; Sheridan, s.
Pendleton, As; Walnut Grove, II.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
AT BEDFORD

a I ID r Ut ANANAD
Spencer. "a; West Baden. D..
Mitchell. 90. PaoH. S.
Scottsburg. so; StinesNiIle. 10.
Charleston, IS; Williams. 20
Needmore. 4. Bloomington. IS.
Salem forfeited 20 Orleans
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
DEFEAT
MICHIGAN CITY
South Bend Five FuifiIS Dope
by DiSpOSing of First
Opponent.

CONTINUED FROM PAGE ONE)
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
State Scores
AT KOKOMO-

AT KOKOMO-
LaketoH, p; Roam. p
Windfall, IA; Paramount Acad.. %.
Upton, p; Shapsville, 10
KokOmo, %: Fairmount II. S, 10.
Bunker Hill. Il; Swayzee, s.
New London, IA; Greentown, -.
AmbOy, 30; Chilli, 80.
New London, IA; Greentown. p.
AmbOy, 30; Chilli, IS.
Lagro, 10; West Middletown. Il.
KokOmo, 20; Bunker Hill, Il.
AT HAMMOND
Morocco. Is; Fair Oaks, 10
Medaiville. IS; Francesville. u.
Gary, a.; East Chicago, Is.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
AT KENDALLVILLE-

Washington, .; Churubusco. o
(forfeit).
Pleasant Lake. ~: Hudson. %.
Fort Wavne. 2S; Angola, 20.
Albion, "a: Waterloo, Il.
MonrOeville, II; Kendallviue. 50
Butler. 30; South Whitley. IS.
Auburn, SO: st. Joe. Is
Ligonier. IS; Wash'ton Center. 20.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09

Al MA X j I ~ lA-L-t--
Valley Mills IS. West Newton 70
Castleton. -: Fishers. q.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09

AT NEWCASTLE
Mooreland, Is; KnightstonW. 13.
Cowan. 80: Wilkinson, T.
Cadiz. IS; Spiceland academy, L..
Mt Comfort, 80: Middletown, l..
New Castle. 81; StraUghn, Il.
Kennard 20: New Lisbon, 19
Cowan. 80; Wilkinson. 4
MOoreland, 16: Knightstown. 13.
AT THORNTOWN-
Deer Creek, 10; Central de
banon). p.
Bringhurst. p: Flora, Is.
Thorntown. IS; Frankfort, -.
Advance. %: jamestown, %
Lebanon, So; Kirkland, /.
townsville. 46: Circlevjlle. Il.
Colfax. q; Roseville, z.
Burlington, 10; Central a
AT Ct.AWFORDSVLLE-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09

AT CHARLOTTESVILLE
South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-03-09
BOWLING SCORES

2SS 2ss 2ss s64
New-York tribune., 1918-06-04
Strong Tells Banks
Tax Payment Rules
Lays Stress on the Importance
Of Use of Certificates
of Indebtedness

Benjamin Strong, governor of the
Federal Reserve Bank of New York,
has issued letter to the member in
stitutions advising them to bear in
mind the following points in connec-
ton with the payment of income and
excess profits taxes during the current
month:
The necessity of qualifying to receive
the tax moneys in ample amount; the
necessity of forwarding at once the
necessary collateral security to obtain
such qualification; the Importance Of
encouraging .iients and depositors to
use the U. & certificates Of indebted
ness maturing June 25 in payment Of
the taxes, and "the obligation upon
banks and trust companies that they
shall under no circumstances permit
the defeat of the purpose for which
such certificates of indebtedness were
issued, either by cashing them for their
customers or making loans upon them
to enable their customers to make pay
ment Of taxes in cash instead of by
using, these certificates of indebted
ness"
New-York tribune., 1918-06-04
Completion of Oil
Wells During May
Record Since 1914
Producing Wells Reach
1850 in Number, a New
High Mark

More oil wells were completed in
May than in any previous month since
June, 1914 The record for last month
showed 2,464 finished wells in the field,
according to "The Oil City Derrick's"
monthly report. The new production
credited to the wells was 1853, ,6s2 bar
rels, which has not been exceeded in
any month since August, 1917, and, with
the exception Of that month, not since
the middle Of 1914.
Moreover, the May statistics show an
increase of 222 completions over the
April figures and gain Of 29,022 bar
rels in new production. With the ex-
ception of Kentucky, Illinois and North
Louisiana, all the oil producing parts
OF the country reported increases. North
Texas, Kansas, Gulf Coast, Pennsylva-
MIA and Central Ohio lead in the num-
ber of wells completed.
Among the completions for May"
says "The Oil Cisy Derrick" survey,
"were $50 failures and 1874 gas wells.
The Mid Continent had the greater
number of failures, nearly one-half
of the total being accredited to Kan
IL
Coast, as usual, had large percentage,
the number being 70 out of 1888. One
half the Wyoming completions fell in
the dustcr list, and the Pennsylvania
division reported 76. The percentage
of dry holes is large in every field,
showing the chances the operators are
taking to obtain new production. Sub
tracing the failures and gas wells
from the total completions, leaves 1850
productive wells. This makes a new
high record. the old one having been
held by October, 1917, when there were
1,731 paying producers. The number in
April was 1,641, and in March 1883,
while in January it was only 1853.
cat the close of May the rigs and
wells drilling numbered 56o7. This
makes a new high record for work
under way, being 274 more than at the
close of April and far exceeding any
total was 4,23S. and that was considered
North Texas reports the largest gain
in new work, the increase being 32l.
Other divisions adding to the amount
are Pennsylvania, Kentucky, Illinois,
North Louisiana and Wyoming. Kansas
and Oklahoma both reported small
increase, but this was due to the large
number of completions near the close
of the month, and the fact that time
did not permit the starting of other
wells. The largest decrease vas re-
many rigs that had been carried along
sabandoned to move material to other
locations -
New-York tribune., 1918-06-04
May Failures Light
Dun's Reports $50 Defaults
i'm Month

Commercial failures in the United
States were exceedingly light in num-
Der and in extent of liabilities during
the month of May according to Dun's
survey for the period. There were $50
defaults, involving indebtedness of
$13,134,672.
The number of insolvencies is the
smallest in a decade and the liabilities
less than in any May since 1910 Again
in respect to number. the record for
last month is the lightest of any month
since September, 1911 and the amount
IS the lightest of the year, excepting
the month of February
=. Analysed according to occupation, the
May returns disclose 243 failures for
S4,34O,250 in manufacturing, 572 among
traders for S3,S53, ,095, and 65, with an
Indebtedness of $4,941,327 in other
commercial lines, not properly included
in either manufacturing or trading.
New-York tribune., 1918-06-04
K. r. Efficiency Heightened
Western Maryland Loads
Freight Cars Tighter

Ihe Western Maryland Railway Com
pany reported yesterday for 1917 on
Grating revenues of Sl3,63S,449. an in
crease of $l,670,467, compared with
1915. Net operating revenue amounted
70 $4,o77,134. decrease of S374.625.
After all deductions there was sur
plus of Sl,641,2S5, an increase of
S5Z2,22o, compared with 1916.
49, Total operating expenses of the
estern Maryland increased 27.21 per
cent last year For every dollar earned
as revenue the cost in the way of op-
Grating expenses was 70 cents. TIE
management gave greater attention to
train loading during the year, with the
result that an additional advance from
800 revenue tons per freight train
mile to So9 was accomplished.
New-York tribune., 1918-06-04
Relevant Comment
Whiskey to Vinegar

Distilling companies all over the
country are rapidly adjusting them
selves to the new order of things A
few concerns are selling out, disposing
OF their machinery and plant property.
Many, however. are going into other
lines and converting their plants for
such use Some concerns, which have
been large manufacturers of whiskey,
are now engaged in the lucrative busi-
hess of making industrial alcohol,
which is drinkable, but which oc-
cuples an important place in the in
dustry of war. A large whiskey dis
tlling company in Baltimore an
nounced yesterday that it has dis
posed of all its spirits and will
abandon that branch of the business.
1t now proposes to convert its plant
Tor the manufacture of vinegar.
New-York tribune., 1918-06-04
Stockholders to
Pass on Proposed
Transfer of Ships
Mercantile Marine Earn
ings Fall Far Below
1916 Mark

Official estimates of the income and
expense account of the International
Mercantile Marine Company during
1917, made public yesterday at the an
nual meeting of shareholders in Ho-
boken, showed gross earnings to be
$57,254,8 ,81S, compared with S8S, ,449 1926
the preceding year. The balance after
operating expenses and interest and
depreciation charges, was $11,O70, ,543,
against s26,O27 1886 earned in 1916.
P. A. S. Franklin, president of the
company, told stockh holders that because
of the present unusual conditions
abroad, the British subsidiary com
panies nave reported serious delays in
completing their accounts and for this
reason the complete annual report may
not be issued before July.
I'm making comparison with 1915
results" added Mr.. Franklin" it seems
proper to remind stockholders that the
earnings for that year were exceeding
ly large, and, as explained in the COM
pany's last annual report, marked
decrease in 1917 earnings was to be
expected because of government requi-
steamers. The British steamers were
requisitioned by the British govern
ment in April 1917, and American
steamers by the United States govern
ment in October, 1917. The two Bel
gian steamers in the feet were requi
sitioned by that government as of
1916, so tAat all the steamers of your
fleet are now operating under charter
to their respective governments.
y y, H.. i
ings, there has been q very material
increase in taxation, both here and
abroad. Under the provisions of the
mortgage securing the company's first
mortgage collateral trust per cent
bonds, the sum of 100000 was paid
into the sinking fund on October /,
1917, and 6 per cent bonds of the face
value of S439,O0O were purchased and
cancelled, leaving balance in the
sinking fund of S512. The total
amount of 6 per cent bonds outstand-
ing and in the hands of the public is
s39061, ,0oO."
Few Stockholders Present
Only a handful of stockholders at
tended yesterdays meeting and but one
evinced enough interest to inquire
concerning the status of the reported
negotiations involving the sale Of the
ShlPS Hylhg the BrltlSh nag. In re-
sponse to the question as to just what
was included in the proposed transfer,
Mr.. Franklin said the plan contem-
plated the sale of tne tonnage and all
the assets held by the British COM
panies He declared that when all the
details had been approved by the di-
rectors special meeting of stock
holders would be called in order to
obtain their ratification of the plan.
The tabulated results of the 1917 esti-
mated operations compared with the
actual totals for 1916 follow (the
subsidiary companies include Fred
erick Leyland s, Co., Ltd the American
Line, the Red Star Line, the White
Star Line, the Atlantic Transport Line,
the Dominion Line and Leyland Line):
1917. 1916.
Estimated. Actual.
New-York tribune., 1918-06-04
More Petroleum from Mexico

Advices from Washington yesterday
were to the effect that the government
Is in favor of increasing oil exports
from the Mexican producing fields and
may release additional ship tonnage for
that purpose. The Island Oil and Trans
in Mexico from the illfated Metro,
politan Petroleum Corporation and
brought in big gusher, is said to be
scheduled to deliver 6.0OO.0O0 barrels
of oil to the Atlantic Refining Com
pany's tankers. This oil will be de-
livered to the Midvale and Bethlehem
Steel comnanies
New-York tribune., 1918-06-04
Money and Credit

Conditions in the market for call
money at the Stock Exchange were un-
changed at the beginning of the new
week. The ruling rate was s to 5h
per cent, with low of Az. There
was moderate volume Of activity.
In view Of the further reduction In
surplus reserves as disclosed in the
Clearing House statement, the
banks were not inclined to increase
New-York tribune., 1918-06-04
High Yields on Bonds.

Although there has been a substan.
tiai recovery in market values of in
vestment bonds and notes from the low
levels established early in the year, va
rlous industrial and railway short
term issues still yield a high rate of
income judged from pre-war standards.
list Of investment securities sent
out by brokerage house yesterday
Included Bethlehem Steel two-year S
per cent secured gold notes which are
now quoted on yield basis of 1925
per cent. Westinghouse Electric one
year os yield about 61s per cent at
Inelr present quotation, while T;mken-
Detroit Axle Company serial gold n
yieid $50 to 7 per cent. Baltimore &
OHIO Railroad equipment trust AVS
yield al their present quotation about
3 per cent
New-York tribune., 1918-06-04
Mining Company Dividends

Twenty-Five American mining and
metallurgical companies disbursed divi-
dends aggregating $1O,543, ,S97 to their
stockholders in May, according to the
compilation of "The Engineering and
Mining Journal" This compared with
81 1927 SAT paid by thirty-one corpora
tions in May, 1917. The Anaconda Cop
per Company paid total of $4,662 800
in dividends last month.
New-York tribune., 1918-06-04
Coal Price Cut Depresses Trade

According to "The Black Diamond y
coal trade weekly, "the main topic Of
conversation in coal trade circles is
the reduction of ten cents per ton. as
recently. authorized by the United
States fuel administration. This re-
duction has been the cause of depres-
sion among coal men, especially those
VINO are stralnlng every nerve to in
crease production. One noteworthy
feature at several producing centres
has been full car supply during the
latter part of this week. This is the
first time that we have been able to
report such circumstance for a con-
siderable period
New-York tribune., 1918-06-04
AMERICAN IOCOMoT,yr C0

~ VHnr1h 81, New York May 49, 1913
= quarterl; dividend of "a Ge upon hs
motive Company has been declared. payahls
on July 22 1918. TO the preferred stockhdla-
ers Of record az the close of business on July
. lsls Dividend creeks will be mailed
July 90 1918.
quarterly dividend Of 1Ae upon tbs
common capital stock of the Company has
been declared payable on July 3. 1918. to ths
common stockholders of record at the clos
OF business on June. Is. 1918 Dividrd
checks VIII be mailed on July O. 1918.
w. SPENCER ROBERTSON Secretary
New-York tribune., 1918-06-04

FINANCIAL MEETINGS

NOTICE OF ANNUAL MEETING O.
b. ;. l.. AGRICULTURAL CORPOkA!ss2sss
The annual meeting OF the stockhossMs,s M
OF this Company viii be held on the ~
Gay OF June. 1915. at II o'clock y
Room 1900. 81 Wall Street. New YORK ~
tho purpose OF electing a Board q
rectors. two inspectors 20 serve az sl s2fl
uons or stockholders during the ehSS m
year and receiving and acting upcH ~
reports OF the officers and for the tra1HsS
ton or such other business as may
erly come before the meeting,
GAted. May 25. 1918. n
WALTER rLETcHER ssu5
New-York tribune., 1918-06-04
Reflex of U-Boats on Oil Trade

Reports that oil tank ships had been
attacked by the German submarines
operating off the jersey coast caused
considerable excitement in the oil trade.
There is already a shortage of tankers
and 1T was asserted that any further
reduction in the present tonnage would
be serious matter. Transport of crude
OIL from Mexico might be interfered
with, 1T was declared. unless the new
submarine menace was quickly re.
moved
New-York tribune., 1918-06-04

close of yesterdays trading on the

close of yesterdays trading or the
Stock Exchange, new low record
Total dealings amounted to s2.449 900.
The steady decline in this issue which
has taken place since the bonds were
odmitted to trading has led to much
discussion over the reasons why the
government redemption fund has not
yet been brought into use to an ex-
tent which would check the decline.
The best explanation seems to have
been that the Treasury Department ex-
pected much selling at the start and
did rot intend to put ont supporting
orders until there was evidence Of
neavy liquidation by investors who
bought the bonds with no intention Of
unloading them on the market.
New-York tribune., 1918-06-04
Crude Rubber Supply Adequate.

The United States Tire Company has
issued letter to the trade outlining
Its attitude on the governments regu-
lation Of crude rubber imports, which
says in part:' "The rubber on hand in
this country now, together with that
en- route, is sufficient to take care Of
normal requirements covering the first
period OF restriction. If the trade and
public will refuse to become panick5
because Of all sorts of rumors, and
refrain from overbuying or boarding it
is the best belief of this company that,
unless some unforeseen circumstances
arise, it will be entirely possible TO-.
the tire production of this country to
take care of the needs of the trade ane
public for the present year"
New-York tribune., 1918-06-04
Newfoundland Financing

A group of Toronto banking houses
are offering an issue of $3,0OO,OOO of
612 per cent Newfoundland ten-year
bonds, part of total issue of s10,-
Ooo,o authorized for war purposes.
The bonds are being offered at par
and accrued interest and are EXEMPT
from taxation in Newfoundland.
New-York tribune., 1918-06-04
CAR AND FOUNDRY co

COMMON CAPITAL. STOCK
DIVIDEND No 63
A quarterly dividend of two per cent ~
on the Common Stock Of this Company ~
this day been declared. payable MONDAY.
july / 1918. to stockholders Of record /.
the close OF business Thursday. June l3. !s!s
Checks viii oe mailed by the Guarsnv
Trust Company of New York
II c. WICK. Secretary
S S. DELANO. Treasurer
New-York tribune., 1918-06-04
Stock and Bond Averages
Stocks
Bonds

s51,725,50o preferred stock outstanding,
compared with 52.25 per cent earned
IN 1916.
The directors reelected yesterday in
cluded Otto T. Barnard, John W. Plat
ten, Frank A. Vanderlip, Charles E.
Stone and Donald G. Geddes. The num-
ber of shares voted was 56O,31S, of
which 213,053 shares were common and
346,365 shares preferred.
New-York tribune., 1918-06-04
The Dollar in Foreign Exchange

Fluctuations in the foreign exchange
market were comparatively small yes
terday. Swiss and Spanish rates ad-
vanced slightly, while Italian lire dis
played steady tone France and ster-.
ling were practically unchanged
Closing rates yesterday, compared
with week ago, follow:
Quoted dollars to the pound)
New-York tribune., 1918-06-04

The above rates express the cost of
foreign money in terms of the Ameri-
can dollar. You buy an English lound
sterling at, say, $475$s. The intrinsic
parity IS S4.S65s per pound. Thus YOU
say either that pounds are at a dis
count or that dollars are at premium.
Hhlen Is owing to the fact that in Eng
10 settle accounts in this country ;s
greater than the demand in this conn
try Tor pounds with which to settle ar.
counts in England. -0
New-York tribune., 1918-06-04
TO HOLDERS OF FIRST MORTGAGE
FIVE PER CENT. SINKING FUN
GOLD BONDS OF VICTOR FUEL
COMPANY DI-T Jr-IY I Ie52.


The undersigned successor TO Knicker.
booker Trust Company. Trustee under ths
Mortgage given TO secure the above de-
scribed bonds. desires under the authority
Of said mortgage TO eXpend the sum Of
Twelve Thousand Nine Hundred Ninety
three Dollars and Thirty-one Cents
(Sl2. 3D in the purchase OF bonds OF
said issue. provided such purchase can. IN
its opinion now be made advanta geously
Sealed offers of said bonds may be sent
to Columbia Trust Company Trust Depart
.nent, so Broa dway. New York CITY not
later than June Goth. 1918. at twelve
o'c'eclS noon. Bonds accepted must be de.
livered on juno 21st. or security furnished
tnat day. i required that delivery will BE-
made within ten days The right is re-.
served BY the undersigned to reject any
and all offers
COLUMBIA TRUST COMPANY.
BY GEORGE Z. WARREN ~
Vice President
New-York tribune., 1918-06-04
AMERICAN CAR AND FOUNDRY 90

PREFERRED CAPITAL STOCK
DIVIDEND No. II
dividend of one and three qua rters "
cent q y % on the Preferred Stock Of Us
company has this day been declared. py.
able Monday. July I. 1918 to stockholders q
record at the close Of business THURSDAY
June 13. 1918
Checks viii be mailed by the Guaraav
Trust Company OF New York
H. c. WICK Secretary
s. s. DELANO Treasurer.
New-York tribune., 1918-06-04
BUY-sELL

MIDWEST REFINING CO.
MERRITT OIL CORPORATION
ELK BASIN PETROLEUM CO.
INTERNATIONAL PETROLEUM
IMPERIAL OIL CO., LTD.
LoBITo3 olLFlELDe, LTD.
SAPULPA REFrNIN0 q CO.
HOUSTON OIL CO,
PORT LoBos PETROLEUM
NATIONAL FUEL QA8 CO.
NORTHWEST OIL CO.
cO8DEN AND CO.
Roap1 STOCK
cARLH.PFoRZHElMER&cQ.
Dea1erB IN Standard OH 6eearxft1sn
rnuao ono i>1-s-A nrsad- "a nroaA st.. n. Z.
New-York tribune., 1918-06-04
------------- ----------------- e.
DIVIDEND NOTICES
BETlILEHEM sTEEr CORPORA

Notice of Dividends on Eight Per Cent
Cumulative Convertible Preferred
stock, Seven Per Cent. Nom -Cumulatirs
Preferred stock. Common stocL. ad
Class Common Stock.
The second installment OF &c of the
eight per cent. dividend upon the Eight
Per Cent. Cumulative Convertible Pre-.
fsrred Stock and the second installment Of
q a of the seven per cent dividend upon
the Seven Per Cent. Non Cumulative Pre-.
ferred Stock of Bethlehem Steel Corpora.
ton which were declared on January %,
1918, and the 2i2 "a dividend upon tbs
Common Stock and Class Common Stock
of the Corporation which was declared On
May I. 1915, Will be paya Bile on July !,
1918. 10 the respective holders of record
of said four Classes OF stock at the close
of business on June Is. 1918; the third in.
stallment OF said dividends on said Eight
Per Cent. Cumulative Convertible Preferred
Stock and on said Seven Per Cent Nom
Cumulative Preferred Stock will be payable
on October i. 1918. to the respective hold.
ers of record thereof at the close of bust.
ness on September 16 1915 and the
fourth. on January 2. 1919. TO the re.
spective holders of record thereof. at the
close of business on December 10, 1915.
Checks VIII be mailed.
Dated New York June l. 1918
II HOMES Serrefarv