davidaulloa/AmericanStories huggingface dataset:
The sun., 1918-12-04
GOSSIP OF WALL STREET.


over half a million shares were traded
yesterday in what from hour to hour
gave every appearance of quiet ses-
sion. The market had been waiting for
the Presidents speech TO determine its
course. Many had found the technical
position changed to such an extent that
a rally seemed in order. whereas those
who had been pesslmistlo on the general
situation saw some reason for doubling
the continued existence OF the basis for
their previous attitude. What with an
overnight study OF the Presidents re-
marks anent railway control, giving Wall
Street the feeling that despite his ex-
pressed ignorance Of the knowledge the
policy Mr. Wilson adhered to was clear
In his desire for the elimination Of "re-
straint without development" his wish
for the release Of credit for those who
are administering railways" and the
protection Of security holders" eenti-
ment was all for the rise In the rails,
The strength was not striking save in
promise, but that confidence counted in
the market might be Judged from the
ready way in which United Cigar Stores
responded merely to buying from inside
sources. The operations of the so-called
professional predominated.
The sun., 1918-12-04
CONSOLIDATED EXCHANGE.

Net gains in the iudustria'~ anl 20
losses in the rails were recorded ''
close OF the market yesterday IN .
Consolidated Exchange, With The Nr. r.
ton OF the carriers stocks were hJo}.H'
and In good demand until few noner'7
before the close. Selling orders u Na.I- "
then made their appearance anI s'-
stantial gains made IN the i"dgs''.' s
were materially reduced Rradue NJ.
the Pacifics yielded readily 10 t.r jf"--
sure in the railroad group. Tine 0'"
weak spot in the industrials was Nn''"'
preferred, which sold doNu 20 'io'.
closing at l12i?, a loss o: more t.0 .
points. Steel common led m the ..'.
early in the session and Went lu @,..
midafternoon, reaCtinE At tn, clos. Pro
962. Minor stee,s moved 30 s.t'
fashion, closing with advances - n.
more points. Baldwin was In Go.! a..
mand, with resultant gain ~ Z O.. ''.
the copper stocks closed inn.
lower priced industrialS Studou1.'-
American Can were the strong a. H.-
tive features. Trading in L.h'rt .
bonds was IN fair volume, "|t. ""
steady.
The sun., 1918-12-04
Marine Again Erratlc.

The sharp drop in Marine preferred
yesterday revived the question as 10
why the operations In this issue had not
yet been Investigated, as trading IN
other widely calculating shares has
come under scrutiny by the Stock EN-
change authorities. Many In Wall
Street wondered who could have been In
possession OF such a number Of the
shares as to bring about the erratlc
changes that have been a part in the
market for this issue for some months,
Rumor had 1t that a certain operator.
whose speculation is usually connected
with n swift decline, had sold out for
reasons OF immediate personal conven-
fence. But the day was likewise marked
by the customary heralded Tack of
statement, this time including a re-
ported announcement from Washington
that the negotiations were still on.
Though President Franklin said after
the meeting of the finance committee
yesterday that no new developments had
Cropo d up in the discussion between the
Government and the company, II would
not he surprising. Wall Street was as
sured elsewhere, II further conferences
were held between now and Saturday.
The sun., 1918-12-04
MONEY AND EXCHANGE.

ACCEPTASCES.
80 days 90 days 90 days.
Bid Ask. Bid. Ask. Bid. Ask.
Eligible member
banks ..,...,,,.. As 49, a. ~ ~ ~
Eligible non
member banks. 4ia ~ 4is 4ts "a 81
Ineligible banks
bills .......,.... ga s 6h so 5
CLEARING HOUSE STATEMENT
Clearing House exchanges, tSsG. 12s ,946 bal.
ances, ST.. 46O 1897 Sub Treasury debit bal.
ances, 1857, G83; Federal reserve credit bal.
ance, 3G,774.446.
DOMESTIC EXCHANGE.
Boston. par Chicago, par; St. Louis. 95q
1Jc discount; San Francisco par; Montreal,
$3.50 premium; Cincinnati, par; Minneapolis,
Toe. premium.
SILVER PRICES.
Bar silver in New York, st.01is. un.
changed: in London. 4S%d., unchanged
Mexican dollars, TIC. unchanged
FOREIGN EXCHANGE
The sun., 1918-12-04
Failures I'm November.

Commercial failures ~ e.,
States during Novembcr m.uh,.,.
$40 and involved Sr3,Sl5.ltr ~
faulted Indebtedness. according {. b. D."
Dun & Co. This Is the eighth OIL. s. .-
tive monthly reduction, The nsu-r-
pare with $50 insolvcncics tyl ''
800 In October of this wear. ''.
H3.635,605 in November. lglI aud N'
l,Sl5 for S2S. 4S9,45S in NoNcmu,r
The numerical decrease from Sow
1914. is equal to 6S 6 per cent. and '''"
year ago 4l.9 per cent or a.. s.'t.'
est significance, however, Is the 'l.. '.ti
so few insolvencies as the $40 OF NH|'N
Der have not previously occurred b. az
month since monthly returns were nrs'
compiled in 1894.
The sun., 1918-12-04
Southern Pacific Declines.

The decline in Southern Pacific had
no connection with any change in the
fundamental strength OF the railway nor
In any untoward development with re-
gard to its oil properties. Rather was
II nratter more OF professional activ-
ity than Of anything else. II was said
that the selling came from traders who
had tried to get above 104 for It Mon
day afternoon and had failed In that as
we'll as in an effort yesterday to get
1884, pr better. In fact the decline was
directly against the judgment OF stu
dents Of speculation who had based their
notions of what Southern Pacific was
worth in view OF all circumstances upon
Its earning power now and the strong
probability that 1t would come out OF
Government control greatly strength
ened. AS to the OIL properties, much
depends upon the speed with which the
normal Is restored in Mexico. and after
that upon the expansion OF the demand
for the heavy Mexican oil to which the
much talked Of oil burning vessels OF
the future would have to turn for fuel
The sun., 1918-12-04
Wilson Financing.

Wilson d Co. common did not expert
ence any apparent effect yesterday from
the report OF the Federal Trade Com
mission any more than II has ever lived
up TO the usual expectation of an actual
decline In the face OF financing that
would place another security prior to a
common stock. In fact. the low OF the
year for the common was 45i4. early in
January. and the high OF the year 70,
In the middle Of November. Whether or
not the relatively light trading had
anything 10 do with II Is a matter Of
conjecture, but II is sufficient to note
that yesterdays level was about three
points below the high record OF 1878
and nearly ten points higher than that
of a month ago. The earnings figures
carried in the announcement OF the offer
OF $50, 100000 ten year convertible per
cent. bonds contained nothing OF pa
tently depressing nature. Nor did the
oversubscription of that issue indicate
any fear OF the company's position.
With the sale of these bonds and add
tional first mortgage bonds to be issued
net QUICK assets Of the company. II was
stated, would approximate s46,ooo.ooo.
and the net profits for the current fiscal
year, after interest charges and reserves
for depreciation and taxes. IL was esti-
mated, would be more than S7500,00O,
compared with s6,5O4,423 in 1917. The
convertible feature of the new bond Is
sue Is OF interest, inasmuch as the basis
Is that Of ten shares OF common stock
for each $1,000 principal amount OF
honds
The sun., 1918-12-04
Can Strong.

Talk of possible dividend disburse-
ment on American Can was responsible
for an advance OF several points in the
stock yesterday. The buying was said
to have been good. This time the talk
took the form of limiting the dividend
to 6 per cent, a possibility that might
very we'll arise for action at the meet
ing of the directors In January. Ohi-
Gals of the company are wont to main
tain a discreet silence with regard 10
what they expect to do. but those who
aided the advance by their market ac-
tivities pointed to the fact that with
such earnings as the company has
hitherto reported and with the outlook
for a can company even during the re-
adjustment period of the very best. the
directors would not be overstepping the
bounds OF conservatism by declaring a
dividend. II the world must be fed by
tho United States, was the remark OF
one man. cans are we'll nigh as essen
tial ms the food they must carry.
The sun., 1918-12-04

odd lots dividend deferred pending settlement
made prices outside OF the
The sun., 1918-12-04

Term As OF
st L LIST
con IS
2.....s4S
Tex Co deb
The sun., 1918-12-04
Nothing OHicial on Money.

After meeting OF the money commit
tee yesterday afternoon Benjamin
strong. Jr.. governor OF the New York
Federal Reserve Bank. said there would
be no announcement made. II will be
recalled that one week ago the money
committee decided to grant some relaxa-
ton in credit for the underwriting OF
new issues OF bonds and notes. though
no public announcement OF the decision
was made until several days had passed
On this occasion, however It Is under
stood that no definite action was taken.
The sun., 1918-12-04

Dell, pTeSiuenI OF the OunRStoWn Sheet
and Tube Company, and r. d. Block.
vice president of the Inland Steel Com
pany.
Will Not Conflict With Webb Law,
While no definite steps were taken q,
yesterdays conference, the mee,,.u ip
ing devoted entirely to the discussi.a
of plans, 1t was learned that ATTORNEYS
have aecertained that the proposed or
ganization would not conflict with the
Webb Pomerene statute II is under
stood that tr2 proposal has the ap-
prevail OF the Washington authc~ities
The next step Of the committee VII
be to select head for the organization
which is to be known as the independent
Steel Products Corporation and will
have $10,000.000 capital. II is expected
that one of the leaders In the ndustry
will be chosen, probably at the next
meeting Of the committee, which WI
take place some time before the end o:
the month.
Representatives of the Industry from
all parts of the country are expected
to attend the meeting called for next
Monday. and the principal topic Of dis
cussion Will undoubtedly be price read
5ustment and the policy for the future
1t Is probable that Immediately afte-
the meeting plans Will be formulated
TO be submitted by the general commit
tee Of the institute to the War industries
Board when It goes to. Washington q,
week from to-day. There is reason @
believe that the question Of requesting
continued price control by the Govern
ment will be thoroughly discussed THIS
request was made of the War Industries
Board by representatives Of the steel
industry in November, when the arms
tce was signed. and it is possible that
THE request will be renewed, To he n
effect at least until further progress has
been made in readjusting the industry
to peace conditions
The sun., 1918-12-04
AMERICANS PLAN
FOR WORLD MARKET
Industries. Organizing to Ey.
port Products to All
Countries.
STEEL MEN MEET AGAIN
Discuss Methods for Forming
Foreign Trade Cor
poration.
STEEL MEN MEET AGAIN

Details q the organization Of the n.r
steel expen corporation. which will r.p-
resent the foreign interests OF twenty.
eight of the Independent steel COM
panies, were discussed again YESTERDAY
by a committee chosen to form the ~
ganization at the Offices OF the Midyale
Steel and Ordnance Company. At tho
same timeit was announced that a gen
eral meeting to discuss steel condition,
had been called by the American Iron
and Steel Institute to be held az tho
Waldorf next Monday, and will be fol-
lowed by another conference In Wash.
ington later in the month with the wa
Industries Board.
The activity of the independent pt.el
industry in organizing a corporation for
export purposes has given impetus 10
similar steps by many other industree
Equipment manufacturers. locomotive
builders, electrical supply companies and
textile manufacturers are planning 10
make the whole world a market TO-,
American goods Attorneys represent
ing these various industries are working
on the legal aspect OF the organizations
Present plans indicate that the rev.
steel export corporation will he incorpo
rated under the laws OF New York STAT
and the members of the organization
committee Will undoubtedly be named
directors. This committee consists OF
A. c. Dinkey. president Of the Midvaln
Steel and Ordnance Company; E q.
Grace, president OF the Bethlehem Steel
Company: ]. A. Topping. chairman o.
the Republic Iron and Steel Company
e. A. s. Clarke. president OF the I,acka
wanna Steel Company; James A. Camp
bell, president Of the Youngstown Sheet
and Tube Company, and T. d. Block.
vice president of the Inland Steel Com
pany.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1918-09-19

Ara United States Government Bonds.
They are suppoFted by every dollar Of
ahs snsrmous resources Of the United
States.
They are transferable and constitute an
IDEAL seeurity.
They are in denominations ranging
upward from $50 to suit the con-
venieneo .and the finances, of every
American who wants to help his
country.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1918-09-19
= ash Will
RLIBERTY BONDS

They bear interest at n rate higher than
earned BY any other class of Govern
msne bonds.
They do not represent q war gift or do
nation but tho highest type Of profit
producing investment.
II you are willing to help your country
any bank or trust company viii help
yOuA by accepting your order and
arranging terms Of payment without
the imposition Of any commission or
charge for its services.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1918-09-19

Do your duty-there's no
time to losel Go to your
banker or bond house
and sign your name to a
Liberty Bond purchase.
Act now and avoid the
memory that you failed in
the hour of test. Remem-
ber-it's a loan your Gov
ernment asks-not a gift.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1918-09-19

~ your CAudNdBaI1CCS-- -Duy u n11A
Liberty Loan Bond Stake your cash
on our Khaki boys who are stalking
their lives to crush the Kaiser and all
he represents.
Billions must be raised to blast forever
this menace to our liberty and safety.
Our Government needs the aid and
support of every one in this war loan.
Every bond you buy helps. This is
everybody's war and cverybodyS
money scan-and must-hclp.
You certainly want to see this war
end quickly. Then-back up your
sentiment with your subscription today
and get your neighbor to do likewise.
This war" said President Wilson to
American laboring men, must be won,
not by government but by the strength
of the American people"
That means your duty and my duty
to put our savings into war bonds. The
Third Liberty Loan button is badge
OF service to your country. Buy bond
and wear the button.
The war is coming closer, closer, closerl
What do the casualty lists mean to
you? Every day the roll of honor in
the newspapers carries a sorrowfllI
message to some community. These
men are sacrificing their lives. You,
too, must sacrifice something. Your
cash invested in Liberty Bonds will
help to crush the Kaiser.
Norwich bulletin., 1918-08-14
BRIEF STATE NEWS

collinsviIIe.-N Nearly 100 local men are in the service of Uncle Sam, and most of them are across seas.
 Pennington. Admiral William Shef- field Cowles was 72 years old last week, and the day was celebrated in quiet manner in his home.
 Danbury.-The campaign to secure student nurses, which has been so successfully carried on in Danbury for the past two weeks has closed, with 1T enroliments up to date and many who are considering the matter.
 Westport.-Miss Ella Roy, who has been carrying children to the various Westport schools under a contract with the local school committee. after Aug. Is will deliver mail to residents along Route No Il, which will carry her into Easton.
 Darien.-The other evening Mrs. H. o. Havemeyer spoke at Center school upon the necessity of sweets for sol diers, urging the women to do their bit by putting up jam for the boys. Mrs. Havemeyer herself has made generous contributions of sugar for this purpose.
 UnionviIle. = Miss Mary Rourke, daughter of John Rourke, has enlisted in the United States student nurse reserves. Miss Rourke's three broth I CTS are in service. Ensign John w. Rourke, Newport, R. l., Private Daniel Rourke, who is now in Florida, and Private Christopher Rourke, in France. New Haven.-Federa1 Administrator Thomas W. Farnam has penalized the following bakers who will have to pay
 fines to the Red Cross for failure to observe the food regulations: Max Eichner, 67 South Orchard street Wallingford, s100; Joseph Trotta, 4S Hamilton street, New Haven, $1o0; Jacobs & Olstein. Oak and Day streets, New Haven, $50; M. Rapuano, 54 Hill street, New Haven, $25.
 Winsted.-The name of the summer home at Highland lake of Rev. pr. Karl Reiland, rector of St. Georges church, New York, is no longer Heidel- berg, that name having been dropped, but so far no other name has been substituted. The place was named Heidelberg long before the war broke out. Dr. Reiland left some time ago for France to engage in Y M. c. A. work among the American troop
Norwich bulletin., 1918-08-14
WESTERLY BOY TEACHES GAS DEFENSE

the car with great force and that they suffered injuries.
 Lester Higginbotham of the United States navy, who has made several trips across the Atlantic since the war began, is now spending a furlough at his home on the West Side.
 Miss Maud Price of Westerly has bought for a summer residence the house of Horace F. Burdick, known as the Dean Gallup house, in North Stonington. MT. ,BGrdick has moved to Westerly
 Monday night complaint came to Chief of Police Thomas E. Brown that a .-Ian had been sleeping in a barn on Franklin street, and Officer Michael Curtin was given the case. Officer Curtin later arrested man on that street who gave the name of David Edwta Marr, who said his home is in Hamtramack, Mich, but he has been about Westerly for the past two months. He worked for a time for Conrad Schultz and also was employed at local lumber yard.
 Chief Brown learned that Marr reg
 istered in Hamtramack under the | draft and had been placed in Class 1,
 Marr said that he was called for ex- animation two months ago, but that he had written to his local board and had been given a transfer to State
 Division l of Rhode Islnd and that he had not been called for examination
 here. He said he had lost the letter from the clerk of his local board. Chief Brown notified pr. John L. May the examining physician of State Division l. and Clerk George | Loomis of East Greenwich was com
 municated with by telephone. MT. l Loomis stated that he could find no record of Marr being transferred to this board, but that he would tele- | graph at once to Hamtramack, Mich., | and get the necessary information.
 Marr is being held at the Westerly police station awaiting further inves- l +ioa+ion
Norwich bulletin., 1918-08-14
MANSFIELD DEPOT,

Mrs Carrie J. Dow of Hartford and her granddaughter, Catharine Dow, have been guests of Mrs. Charles Thompson since Tuesday of last week.
 Miss Viola White of West Hartford visited her cousins, the Misses Tilden, last week. This week they entertain another cousin. Miss Emily Grant, of Burlington, N. J.
 The road between this village and Coventry is closed at both sides of the bridges over the Willimantic river. One of the bridges, the old wooden one, has been in dangerous condition for long time. It is now being removed and a good modern structure of iron will take it's place.
 Junior Red Cross workers will meet on Wednesday afternoon.
 Miss Ruth Easterbrook of Willi- mantle is visiting at the home of her aunt, Mrs. P. L. Garvey.
 William S. Williams, U. S. N, of New London visited at the McCol- lums' Sunday.
Norwich bulletin., 1918-08-14

Second Lieut. Elliott R. Thorpe, who has been in training at Camp Gordon, Atlanta, Ga, during the past / few months. is ectirg as company supply offcer and also has charge of the phy- sicaI training and development of the men in his company. Besides these duties, he serves as assistant to the regimental gas officer and lectures on gas defense, specializing on the use and care of the mask His experience in this line of warfare was gained at the divisional gas school of the French and British mission conducted at Camp Gordon, from which he gradu- ated some time ago.
 Lieutenant Thorpe was one of the first Westerly boys to don the khaki, having been a member of the old Fl1h company prior 10 the time when the militia was ordered to guard the railroad bridge over the Pawcatuck river. Up to the time of his de- partCre for Fort Getty with the other Westerly boys, Lieutenant Thorpe was employed as a reporter in Westerly.
 Miss Constance Atwood of Stonine- ton is the defendant in two damage suits of $1 900 each, one being brought by Mrs Hiram A Edmond of High stree. Westerly, and the other by Mrs. Thomas H. Riddles of Potter Hill. The writs are returnable to the superior court for Washington county on Aug. 20.
 The suits grow out of an accident which it is alleged occurred on the Hincsley Hill road on June 4, 1918. The plaintiffs were riding in tour ing car owned by Hiram A. Edmond and it is claimed the defendant. who was driving a roadster, crowded the Edmond machine so that the driver was forced to ditch his car to avoid a collision. II is alleged the plaintiffs were thrown against the front seat of
Norwich bulletin., 1918-08-14
PLAINFIELD

Mrs Albert Houghton and sons AL bert, IT., and Herbert, of New Bed ford, Mass. are spending a few days at the home of MT. and Mrs. James Drake
 A requiem high mass was sung for the repose of the soul of Joseph Vanase by Rev. William A Keefe in St Johns church Monday morning at o'clock. A large number of the peo- pie of the parish attended the mass. MT. Vanase was buried in St. Mary's cemetery Sunday afternoon When the body reached the cemetery the Baltic band and Boy Scouts were lined up and led the march to the grave.
 MT. and Mrs A. W. Dougherty and sons, Walter, Alexander, Jr., Edward and George, attended the wedding of their niece, Miss Gertrude CIapp, of Providence.
 Miss Ovilas Ballard spent the week end with relatives in Greenwood.
 Mir. and Mrs. Wilfred Provost and son Richard, Alton Nolan and Hugh McAvoy motored to Rocky Point Sunday.
 Maurice starkweather, Richard Dawley, Miss Helen McAvoy and Miss Augusta Krauss motored to Rocky !
 Herbert Campbell and Arthur He- bert motored to Ocean Beach Sunday Ovilas Ballard of Camp Devens spent the week end at his home on Lawton Heights
 Albert Moreland, stationed at New ] port, R. L, spent the week end at his home in Plainfield. Mir. and Mrs. Harold Furshaw. also ] Mrs. Albert Marriot and daughter Margaret motored to Pawtucket Sat urday.
 Byron Haskell was caller in Nor. | wich Saturday evening. | Richard Provost motored to Daniel. son Monday evening.
 The management of the theatre has ! installed a new player piano. ! Miss Elizabeth Baldwin of Paw tucket R. L, has returned after spend l ing few weeks vacation with MT and Mrs. P. Burke of Pleasant street | Ovilas Charon, Harold Burke an6 Aime Bergeron attended a specia meeting of the Knights of Columbus | in Moosup Monday.