davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20

comprising, respectively, ID The manu-
1acturers of paper goods; co the
manufacturers of fine nasteboar I'd
goods, hard paper goods and paper
Cylinders; go the boolsbnders. manu-
facturers of account books and school
exercise books. stamping works. gold
printing works, line-ruline works and
manufacturers of passepartouts. Each
group VII elect fifty members to rep
resent it at the general meeting Of the
combine, and the representatives Of
each group will elect from among them
selves eight members of the commit
tee, which will thus contain twenty
tour elected members The Minister
of Trade IS authorized to nominate not
more than six additional members Of
the committee. The board of directors.
consisting Of a chairman. three deputy
chalrmen Zone from each group and
twelve members. will be nominated bv
the Minister of Trade. The combine is
subject to state supervision, which will
be exercised through government COM
missaries nominated by the Minister
OF Professionalism Department of
Trade and Commerce.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Austrian Paper Goods
Producers in Combine

According to the Austrian publica-
ton "Die Zeit," an order of the Aus
TRAN Minister of Trade establishes an
economic combine OF the manufacture
ers OF paper goods and cardboard
goods. To this combine will belonc
the manufacturers of envelopes. naner
sacks, cigarette paper. paper artificial
flowers, paper napkins, paper lace.
cigar holders. pastry paper, bouquet
frllls, paper lamp shades, fine paste
board goods. paper cylinders, hard pa
per goods. corrugated cardboard ac-
count books, school exercise books and
passepartouts; also the bookbinders
the stamping works, the gold-printing
works and the lne-ruling works. The
combine is divided into three groups.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Wheat Growers to
Urge Minimum Price

WASHINGTON, Oct. 1s.-President
Wilson will be urged to fix minimum
price Of s2.46 bushel for No. |
Northern wheat or its equivalent, Chi
cago delivery by representatives OF the
Nation Wheat Growers Association at
a conference Monday. In brief to be
presented TO the President the growers
declare an advance in the present fixed
price is necessary hec"nse of the in
creased cost of production.
The wheat growers tara exceptions
to cost estimates made by the Agri-
cultural Department, declaring that In
computing them the department con
sidered only the acreage harvested and
not the acreage planted TO winter
wheat. 1t is pointed out that 81 per
cent OF the winter wheat planted IN
1916 was abandoned, while of the acre
age planted last fall more than ID per
cent. was abandoned
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Good for the Milkman

The Financial Editor of The Tribune
Sir: a while ago you published an
article on milk by Cornell professo,
who did not know anything about the
subject and who handed us poor milk
men one awful roast.
| protested to you in "unpublishablev
language, and, while you sent ME a
very nice invitation to write respect
able reply. have been too busy pro.
ducing milk Exclusively for soldiers
and marines to write about it.
There are on this farm thirty-6vc
men, four women and six children.
Every one of them has taken one or
more bonds of the fourth loan. and
each subscription, from the largest to
the smallest, represents from one TO
lVc months gross income.
or nc total is $l0600, or an average Of
1t seems to me that financial editor
may be mistaken about milk. but that
ne can understand a thing OF this sort
very we'll. 'oi
Now, what do you think of the "m;,t-
man? FRANK T. CHAMBERS. Jr
Alexandria. Va. Oct l6. 1918.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Atchison Benefits
From Govt Contract
Altogether Road Will Receive
an Annual Rental of
$43,113.992

Details Of the contract which the
Atchison, Topeka e. Santa Fe Railroad
has made with the government under
the act providing for Federal opera
ton state that the annual compensa-
ton in respect to the properties which
contributed to the standard return
amounts to s42,S1O,3lO
Besides this" the contract adds,
"thc company will receive $4,000 per
arnum as rental for the refrigerator
cars and the tie treating plant, whose
operations We're not reflected in the
standard return, and the further sum
OF $228,6S1 per annum as interest on
the cost of certain extensions made
prior to January l, 1918, but not ope-
rated during the test period. Alto
gether, the annual rental receivable
under the terms of the contract may
be figured at $43, 1892, subject to
such minor changes and correctlons as
the Interstate Commerce Commission
may determine hereafter in order to
bring the accounts and reports on
which the amount is based into con-
fcrmity with its accounting rules and
regulations"
On the basis Of the Atchison's in
come statement for the year 1917. after
making due allowance for war taxes,
the standard return will give the com
pany 2 surplus of about $11 100000
after fixed charges, sinking funds and
dividends.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Newsprint Price
May Advance Again
Rise in Canada Would Be Fol.
lowed by Increase
Here

Especial Correspondence OF The T1tbunc)
TORONTO, Oct. 19.-Newsprint
prices have been the subject of con-
siderable controversy in this country
Producers submit that operating costs
have advanced heavily and that as a
result the price of newsprint should
be higher than fixed recently by the
Paper Controller of Canada. Recently
the price of newsprint was advanced
from s57 per ton to 500. While the
publishing companies are protesting
against this price, the producers claim
profit further advance will be neces-
sary and are asking for $50. The
writer has it on reliable authority that
a further increase will likely be
granted the producers.
Immediately following the increase
recently granted by the Canadian
Paper Controller on newsprint of S12
per ton, the price was raised in the
United States TO $40, or 81 more per
ton than the price prevailing in
Canada. Numerous United States pub
fishers are dependent to a large ex-
tent on Canadian newsprint supplies.
"A lultu0I auNdICc N Adndud WOuiQ
probably be followed by like appre-
citation in the price in the United
States.
The remarkable growth Of the pulp
and paper industry in Canada during
the past few years, while due partly
to the increase in domestic consump-
ton, is Tor the most part attributed
20 enlarged exports, especially to the
United States. Some idea of the d.
mensions attained by the industry
may be derived from the fact that the
total capital invested is more than
S1S6,000,000. A recent Dominion CEN
sus embraced so concerns in Canada.
of which 81 manufactured pulp only,
&c manufactured paper only and 81
manufactured both pulp and paper.
The Province of Ontario leads in the
number of mills, with 33, while
Quebec comes second with 81, New
Brunswick, Nova Scotia and British
Columbia with five each and Manitoba
with one. These mills employ $4,000
people at q total salary and wage out
lay of over S20.O0O,O0O. The total
production of all these mills in 1917
was $96,248,824.
Canadian mills turn out more than
36 products.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Dollar in Foreign Exchange

Neutral exchanges were more sensi-
tive to the war developments during
the last week than Allied exchanges.
The latter, though consistently firm
IN tone, moved extremely narrowly.
The publication of the Presidents sec
ond note to Germany in the recent
interchange and The irresistible on
ward rush Of Allied and American
troops buoyed up the market
The trend Of the ncutrals was de-
cislvely downward, and some exchange
authorities contend that the dollar will
be quoted at par in neutral countries
even before peace actually comes.
Gullders established new low level
at 42%. Though recovering some AT
the end of the week. pesetas we're weak.
Us US were rates on Copenhagen and
Christiania
During the week francs were irree,,-
Jar. and Italian exchange STEADY.
Kublcs were still quoted al the nom
inal rate, and sterling seemed unre-
s'ponslve to the military and political
Developments
IL you calculate the cost of the dol
lar IN terms of foreign money at mar
value that is, if you were buyino DOL
lars with pounds, marks or francs--its
value at the close of last week. as com
pared with a year ago, would be about
as follows: A"0"'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Railroad Earnings
Show Effect of
Rate Increases
August Operations Result
in Gain of $24,OOO,OOO in
Operating Income

WASHINGTON, Oct. 19.-Increascd
returns from higher freight and pas
senger rates now are fully apparent
Tor the first time in reports of railway
earnings to the Interstate CONNIE rec
Commission. Compilations by the
commission for August, made public
to-day, show an operating income of
$128,123,000 for that month. or S24,-
100000 more than in August, 1917.
Operating revenues jumped to $780,
10000. which was sl36,OOO0OO more
than in August last year. At the
same time. however, expenses increased
$3os,987,000 or $112, 100000 more than
in August, 1917.
The report indicated also that the
government has paid railroads in COM
pensation in the eight months ending
with August, nearly $2o0,OoO,0OO more
than it has received as net operating
income
Eastern railroads in August recorded
S235,Ol7,000 revenues and S173,093 ,00O
operating expenses, with $o5,S03 900 as
net operating income Western roads
accumulated $188,966,OOO revenues.
paid out s130,941,O0O as expenses, and
reported $50,824,000, as net income.
Southern roads reported revenues of
S7s,775,000, expenses of s54,953, 900 and
net income Of S2l,494,OO
For the eight months ending with
August, operating revenue of all roads
was $3,O51 100000. as compared with
$2,611 100000 in the same period last
year.
Operating Expenses amounted to
s2,4s9 100000, as compared with 1887
oo0ooo las year. Operating income
was S43s,476,00o, in comparison with
S658,S81 900 last year
The influence of rate increases is
shown by the item of freight revenues
in August, amounting to s349,816,OOO.
as compared with s25O,281, 900 in
August, 1917. Passenger revenues
amounted to s113,65 900, as compared
with ss1,923,oo0 in August, 1917.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Money and Credit

The statement issued by the New
York Clearing House Association YES
terday showed decrease of $9.S4G0O0
in loans and discounts, while net de-
man deposits increased $63,905, 900
Surplus reserves decreased 1921 $50,
bringing the total down to $29,643ti160.
United States government deposits to-
tailed $195,547. 900 against s246,4So 900
week ago.
The Federal Reserve Bank of New
York. reporting as of tho week ended
October 10, showed total Of bills dis
counted and bought Of $771,0O3, 454,
against sSl4,91o,o76 the preceding
week.
Bank Acccpiances.-The bank accept
ancr market yesterday was without
feature, with rates unchanged.
Thirty Sixty Ninety
Spot dc days. days. days.
livery; Pes cent.Pcr cent. Per cent.
f isible
IN IN Der
ba.ks.. .4M@4 4as@44 4as@4A
z igible
non-mem-
Dor banks4I4@4]s 4,s@4A 4b@4a
Ineligible
bank bills. 5M @4a4 5A@4s4 54@4sa
For delivery within thirty days:
Per cent.
Eligible member banks. .. ~,
Eligible non-member banks..... as
ineligible bank bills. .........6
Discount Ratcs.-The following table
gives the current rates Of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Growth Of Electrical Industry

he electrical industry in the United
states, according to the census report
OF 1912, showed a total output Of H.
532, 900 XIV. hr. and total general
ing capacity of 5,134689 XIV. This CEN
sus is made every five years. but the
figures for 1917 have not vet been pub
Ilshed. A near approximation can be
had, however, by using the yearly per
centage increase for the central S 'ation
industry from 1913 to 1917 as follows:
Increase 1917 over 1916, 2o.9 per cent
Increase 1916 over 1915, $50 per cent
Increase 1915 over 1914, OF per cent.
Increase 1914 over 1913, Sc per cent
Increase 1913 over 1912, 800 per cent
On this basis the total OUTPUT for 1917
would be 5000, o0o, 900 kw.hr. and the
capacity 10,269.37S kw-Iron Age.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Stop Loss Orders Uncovered

The sharp break that occurred in the
last few minutes of trading in yester-
days short stock market session was
attributed by brokers to the uncover
ing of large number Of stop loss or
ders. The sudden decline created by
this condition made it practically i'm
possible for the professional trader to
catch the turn in prices owing to the
great activity of trading. Sales re-
corded on the ticker were made on the
floor Of the exchange from five to ten
minutes previous. Steel common bore
the brunt Of the selling. On early buy
ing 1T advanced to HAS. and in the
later selling the stock dropped to los
and closed at HOS, net loss of %,
points, Mexican Petroleum, which has
peen the sensation OF the week, after
making new high record price of 1914,
ended yesterday at 175N for a decline
OF GA points.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Some Stocks Close Strong

Despite the excited liquidation in
Steel and Mexican Petroleum, num-
Der Of stocks held strong to the close.
Among these were Baldwin and Cen
cral Motors, the former showing a net
gain Of 80 points and the latter of s
points. These stocks in the preceding
days OF last weeks upward movement
had not advanced with the rapidity
that characterized other issues From
a low of 1247s General Motors estab-
lished its maximum rise at 13414, while
Baldwin, which closed at 50, sold as
high as S4M.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Wool Plants May Close

BOSTON, Oct. 18.--"The Commercial
Bulletin" tomorrow will say:
Representations have been made to
Washington this week by the spinners
70 the effect that unless Immediate
military orders are river to the mills
or they are allotted some wool for
civilian requirements serious shut
downs will occur which Will make II
impossible to meet government orders
quickly when they are given out. More
freedom for private initiative in WOO
importations is urged upon the gov
ernment."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
What the Letters Meant

When George Reid, the High Com
missioner for the Australian Common
wealth, was knighted, his Democratic
associates baked at calling him "Sir."
A heckler at meeting called out.
say, Sir George, what does X. c.
NJ. u. after your name mean?" With
out moments hesitation the new
Knight Commander Of the Order of s..
Michael and st. GEORGE answered.
Keep Calling Ne George San Fran
cisco Argonaut.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Relevant Comment
An Opinion on Copper

The representative of an important
copper producing company was credited
with the statement yesterday that the
current price Of 26 cents a pound will
be continued for at least another three
months after November l. Producers
and members of the War Industries
Board are scheduled to meet in Wash
ington on October Is to discuss the
price situation. The current quotation
for the metal was first fixed on July 2
and continued by the government on
August :.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20

situation would be corrected through
shipments of gold from Canada, but
tina. is impossible now owing to the
fact that the Dominion needs all
Of her metal for reserve purposes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
News Digest
Foreign

London Market Strong.
oct. 19.-1he Stock Exchange finished
the week quietly but strongly on the
strength of the excellent war news
The war bond Offensive" has kent
gilt edged securities within small
bounds. Chinese bonds again we're
1rm to-day and shipping and special
mines We're active and strong. Other
wise there was little interest in the
! "a q No -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Elections

Charles D. Ross, of Lloyd & Co.. has
been elected president of the New
brunswick Fire Insurance Company. of
New jersey.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20

Inc Federal Reserve Bank of New
YORK has put in force the following
schedule Of redjscount rates which ap-
ply to bankers acceptances: Maturjtics
up to Is days, I per cent; 16 to 50
Gays, Inclusive, ~ per cent: 81 to 90
days, inclusive, A per cent.
Bank ClesrinEs.-Bank clearinss yes
terday in New York and other cite,
we're:
Exchanges Balances.
New York -. $672,7e,823 s61 ,s73,ses
Boston ...-.. 63,543,367 13,o76, 447
Chicago ... 1855, o0e 6.3o3.2
Philadelphia. 67,827. 933 t4,932.s11
ub-Ircasury. The banks lost
100000 to the Sub-Treasury yesterday
:, Silyer.--London, 4s14d. unchanged;
New York. 1ol &C, unchanged: Mexican
dollars. 171ac. decline of &c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Consolidated Exchange

UNIT Of trade on this exchange, 10 skarenr
Transactions and prices yesterday for the
more active shares follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20


Efforts TO reduce the premium on
New York funds at Montreal have
been unsuccessful The premium
stands at per cent, the same level
AS earlier in the year. and bankers
here are of the opinion that it NAV
increase IN view of the slowness of
the Canadian grain movement and
the disappointing crop. Canada is
III an unfortunate position. She has
large credit balance with Great
Britain. the mother country hay
ing purchased approximately ST.
200, 100000 worth of munitions
from Canada since the war BEGAN
However, with regard to the United
States her position is unfavorable.
and the excess of Canadian imports
over exports in commercial relations
with this country amounted to
$3.50 1913, 900 in the first seven
months of the year, Canadian i'm
ports being $469.3l7.000, compared
with exports of $23S, 724000 Tn
der normal conditions the exchange
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20


u oe Liabilities last the Federal Reserve Boards
weekly
The follows
Oct Oct
cold vault and in 10000 sa72 s22 900
Gold settlement fund r.
uold with foreign $4,000 $4,000
Total ....... sso44o2Ooo Ss27471OOo
Gold with Federal
1oid redemption
Total gold s2oa5a13ooo
Legal tender notes silver
MN Total s2os7es5ooo s2osaasooo
BIS discounted: Secured U. S. OBJ
legations Observation-Disclosures. t2e2757ooo 1ao4asaooo
All other Observation-Disclosures.
NHs bought
Total bills
united States
n'cd States govelnm short e1eaooo
al ohcr earning assets
Total earning s2154ss2ooo s2s7es4ooo
''c''cod items 8035170o0 723430O00
Five per cent redemption und Fed
ora1 Reserve Bank 73425ooo $4,000
Az ''"er resources. 13,75700o 3,495O00
Total resources 1874 ooo
LIABILITIES
Sapal paid in 7ao57000
1,t34000
government deposits 1798680OO
u 10 member banksReseivc
0tec',on iens 585O90OoO
cer deposits including form credits
Total deposit
Federal Reserve
rederai Reserve Bank notes
All other liabilities 3oo4eooo
Total liabilities $5063216oo0
Ratio OF total
Iastwe
hao OF gold Federal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Corporate Returns

Jones Brothers Tea Company, Inc
Sales for September amounted TO ST.
1t3,603, compared with 81 ,031 ,O66 for
the sponding period Of the year
before, an increase OF $111,936. Sales
for the first nine months were $685.
1852, All Increase Of 81 ,564,9l1 over the
same months Of last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20
Nominal

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, 1918-10-20

same months q last year.
Pacific Telephone and Telegraph Company
August oper. w.. sie35.14t Ire. S1to,aes
0 0es oper: revenue 556.se3 Inc. 1856
operating income. 14,44o. o02 Inc. 1O0,712
8 months gross. :. 14.0e5,961 Inc. 1920
Net earnings. 49,. 4.t41,e2t Inc 4oO,663
Operating income. 3,2s4.ee4 Inc 367,4f4
Southern California Telephone Company
August oper. rev. 1897 Dec s7s AGO
Net oper. revenue 8.268 De-. os ~
Operating deficit cO'436 Inc az
Postal Telephone Company of De,aws,.
July oper. revenue S142,f3s Inc. $40 a7q
Operating income 5,051 Inc. 1'3s7
= months gross 9e5,947 Inc. 200, 40
Operating income 5O.2o8 Inc 32o37
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20

Federal Reserve Banks

WASHINGTON of in
by obligations
al ote liabilities
weekly
at the close of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-20

lon OF the member banks shown by the Clearing House
changes from the preceding week, follows:
The Robesonian., 1918-02-21
THAT BAD BACK

Do you have a dull, steady ache n
the small of the back-sharp, STAB
bing twinges when STOPPING or liftin;
distressing urinary disorders? Fa
bad back and weakened kidneys Lun
berton residents recommend D0an.
Kidney Pills. Read this Lumbclton
mans statement.
7. G. Britt, prop. blacksmith ani
machine sl!op, 90S E. Second s.
says: 81 had more or less trol5s
from kidney disorder for twenty-fir
years. Sharp pains took me in the
small of my back and | couldn't nov
for several minutes. After stoopne
/ found it almost impossible 10
straighten. Mornings, / felt wors:
and l could hardly crawl out Of
bed. My back ached almost all tle
time, and l couldn't rest nights. |
doctored and tried different meGiciles
but felt no better until / used DOans
Kidney Pills, procured at Mcdonald
Drug Store After / had finished one
box, my hack felt as well as ever arr
has caused me but little trouble sin,e
Whenever my kidneys are not act'as
just right, a few doses of Doan'S hid
ney Pills fix me up in good shape.
Price 6Cc at all dealers. Dor't ii-,
ply ask-for a kidney remedy PEI
Doan's Kidney Pills-the same taa'
Mr.. Britt had. Foster Milbufn 20.
Mfgrs., Buffalo, N. Y.
The Robesonian., 1918-02-21
BUILD SHIPS
AT WILMINGTON
Committee Practically Assured That
Ships Are To Be Built at Whining
ton By Government-Railroad Will
;, "a
mingtOn to Fort Caswell.

Washington Cor, Feb. 10, Whining
ton Star.
Wilmington is to be connected with
Fort Caswell by rail within the next
three or four months This was made
certain today when the War Depart
ment told Representative Goodwin and
H. c. Mcqueen, M. J. Corbett and
M. w. Divine, of Wilmington, that
the Government would Immediately
take steps to have the Wilmington,
Brunswick & Southern railroad ex-
tended to the Government property
at Fort Caswell. It is considered one
of the most important moves by the
Government in the interest Of Will
mington and Eastern Carolina.
It is stated that the Government in
taking this action recognizes the avail
ability of Fort Caswell as a training
and concentration camp for soldiers
and that the fort is to be used for such
purposes none of the Wilmington peo-
pie here today have the slightest
| doubt
The Wilmington committee ac-
companied by Senators Simmons and
| Overman and Representative Goodwin
visited Edwin N. Hurley, chairman
of the United States shipping board
early in the day and Mr. Hurley prac-
tically assured the committee that
ships are to be built at Wilmington
and reiterated his former statement
that he would visit the North Caro-
lima port within a very short time.