davidaulloa/AmericanStories huggingface dataset:
The diamond drill., 1918-07-06
About Color Schemes.

There has been a good deal OF talk
about the psychological effect OF the
war on women's clothes, and much
discussion as to the right and wrong
OF new clothes at all. From our AL
lies we are getting numerous proofs
that RE men who have returned from
the front con leaves" notice the
clothes the women are wearing. If
this be the case, the same thing holds
true in the case OF the men who are
going "over there" Surely 1t is our
duty as well as our privilege to dress
as well as we can.
Colors play an important part. In
many of the hospitals where wound
ed soldiers are being nursed back to
health, the colors OF their surround
lngs are considered as much almost
as their medicine and other treat
ment. Colors that we are wearing
this summer are gay, and feminine,
and It Is right that they should be
so. We, "ver here" must do all in
our power to keep things bring and
The diamond drill., 1918-07-06

Albert Z. Sleeper
Governor Of the state Of MiehisaA.
New-York tribune., 1918-12-22
New Frisco Financing
Road Will Issue $lO,598,OOO
Ten-Year Bonds

New financing by the st. Louis &
San Francisco Railroad Company was
announced yesterday in the form of an
issue Of $10,59S,0 ten-year 6 per cent
series G" bonds, which have been sold
to Lee, Higginson & Co.. the Guaranty
Trust Company, j. G. W. Seligman &
co. and Speyer & Co. The first two
named firms have formed distributing
syndicate which will offer the bonds
to the public at So and interest, at
which price they will yield 6.55 per
cent.
According to the official announce
ment the proceeds from the sale of
the issue will be used to reimburse the
company for capital expenditures as
follows: Three million ninety thou
sand dollars for the retirement Of
equipment trust obligations S6S3 900
for the acquisition of new terminal
facilities; $5,367 900 for additions and
betterments $1,45s,00o for additions
to equipment including twenty-eight
freight locomotives and six passenger
locomotives. AS a result of the new
financing, it was stated, the company
will be free from floating debt and will
be provided with additional working
capital.
1t is set forth in q circular to the
roads bankers that the average annual
operating income for the three years
ended June 80, the government test
period, was S13,392,053.
New-York tribune., 1918-12-22

developing the latter's mineral re-
sources. London reports of last week
referred to the negotiations as having
been broken off. SO far there has been
no confirmation from either Japan or
China. The Far Eastern Review"
gives an official announcement OF the
details of the negotiations, which saws
that the deal was being put through
III order to provide funds to finance
the development Of China's iron and
steel industry. 1t states that the estab-
lishment of national iron works in
China would result not only in the
Chinese government having the funda-
mental equipment for manufacturing
and supplying all the iron needed for
China itself, but also Japan would de-
rive much benefit by obtaining the
manufactured iron or iron ores from
China. 1t is we'll known that the
Japanese iron works and steel com
panies have for "a long time been en-
deavoring to secure uninterrupted sup
plies OF rcw material from China.
New-York tribune., 1918-12-22
Commodities
n d IL S tri al
Cotton

The cotton market was unusually ac-
tive for a Saturday half session and
there was further sharp advance in
prices. One of the features was the in
creasng interest in the late months,
which were relatively firm, with July
selling at 26.02, or 80 points net higher,
compared with maximum gain of 35
points on January deliveries. The close
was steady at net advance of 16 to rs
points. Reports from Paris stating
that arrangements had been made to
release 100000 tons of shipping from
the army service for the American ex-
port trade seemed to be one of the chief
factors in the advance, while there was
also buying on bullish spot advices
from the South and reports of an i'm
proving tone in the goods market
Realizing for over the weekend
caused some irregularity at the start,
first prices being 25 points higher on
December, but generally 10 points
lower to 10 points higher. There had
been reports toward the end of the
previous week that about 100000 tons
of shipping had been designated by the
army for release to the Shipping Board
and return to trade routes.
The local market for spot cotton was
steady and SO points higher at 31.50c,
compared with Bic the day before and
80 85c the year before.
The range of prices follows:
New-York tribune., 1918-12-22
Steel Combine for
Export Trade to
Start Work in Jan.
North h American Steel
Products Corporation
Will Represent Ten Inde-
pendent p ProducersAbroad

Inc new merger of independent steel
companies, which has been organized
TO go after foreign business, under the
protecron fthe Webb-Pomerene law.
"'ll operate under the name of the
North American Steel Products Cor
porat'on. Il. A. S. Clarke, who was
elected president at an organization
meeting in this city on Friday. an
nounced yesterday that the new COM
Pahy at the outset will be the ex-
elusive agency for exporting the mer-
chant iron and steel products of ten
concerns, having combined annual
ihgoo capacity OF about 10000 900
tons.
Ihese companies are the Bethlehem
Steel Company, the Brier Hill Steel
company, the Lackawanna Steel Com
pany, the Lukens Steel COMPANY the
Midvale Steel and Ordnance Company.
'he Republic Iron and Steel Company,
the Sharon Steel Hoop Company, the
Irnmbull Steel Company, the Whit
taker-Glessner Company, and the
Youngstown Sheet and Tube COMPANY.
1T Is expected" according to Mr..
Clarke, who will retire as president of
the Lackawahna Company on December
o. that other steel producing in
terests will join the North American
company later and that eventually it
Will repre- sent in pyDor+ Arodo .,,h4,
TALLY all important steel producing
companies Of the country, outside of
'he ts,,,, united States Steel Corporation.
Inc company expects to incorpo-
rate Immediately and to begin active
business on January 2. next In ad
Gltlon to its principal office in New
York City, the location of which has
not yet been decided on, it will have
branches throughout the world wher
ever the introduction and sale of
American iron and steel products make
il desirable.
Inc launching Of this company, thee
nrst to avail under the Webb bill of
the right OF steel producers to com
nlne and cooperate in export trade,
marks the beginning Of broad con-
structlve work, which will benefit not
only those directly interested, but the
whole country, and should receive the
hearty support of all who believe in
the value to the United States of an
increasing. foreign trade in manulac-
tured articles"
c. H. Mccullough, tir., vice president
and general manugo, is being men
toned in steel circles as the probable
successor of Mr.. Clarke as head of
the Lackawanna company.
New-York tribune., 1918-12-22
Bank Buys New Site
81, 100000 Office Building on
William St. Involved in Deal

The Bank of America bought yester-
day the ten-story office building 45 to
A9 William Street and 41 and 43 Pine
Street, covering q plot of about $500
square feet. The transaction was made
through the Charles F. Noyes Company
for the Liverpool and London and Globe
Insurance Company. The property is
valued at s1,oo0,OO6. 1t has a frontage
of sixty-eight feet on William Street
and thirty eight feet on Pine Street. 1t
immediately adjoins the present home
of the Bank of America, at the north
west corner of Wall and William
streets
William II. Perkins, president Of the
Bank of America, in commenting on the
purchase, said: eve have. no plans for
the imme diate improvement of the
property, but the purchase will enable
the bank at some future date to en-
large its premises or erect, if desired.
a large structure at the corner of Wall
and William streets, with an outlet on
Pine Street"
New-York tribune., 1918-12-22
The Dollar in Foreign Exchange

Sterling exchange rates developed a
trmer tone last week in an otherwise
dull and featureless foreign exchange
market. This tendency was most
noticeable in London sight drafts.
With transatlantic mail schedules
rapidly becoming more reliable there
has been broader inquiry for demand
sterling bills and it is said that many
interests which have heretofore used
cable transfers are now employing this
method of making remittances.
Other exchanges marked time last
week and the volume Of business done
was comparatively light. An interest
ing development was the announcement
that exchange on Belgium is now being
made available here Mailed transfers
to Belgium for relief and charitable
purposes can pc made at rate of $50
francs TO the dollar.
international bankers are much in
terested. in the announcement from
Russia Of the opening of a bank at
Archangel, with the backing of the Al
lied authorities in control of that
region. This institution has begun the
issuance of new ruble currency against
gold deposited in the Bank of England.
at the rate of forty rubles to the pound
sterling. The official announcement Of
the provisional government of Northern
Russia, made in connection with the
opening of the bank says that it is
expected it will be possible at later
date to come to an agreement with re-
liable banks in France and the United
States to keep deposits Of francs and
dollars. and thus to facilitate all bank
ing operations in those countries for
inhabitants of the northern region.
New York banks have already trans
acted business with the new Russian
institution, although nothing has yet
been done toward establishing a de-.
posit of gold here along the lines sug-
gested.
If you calculate the cost of the dol
lar in terms of foreign money at par
value-that is, if you were buying 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:
New-York tribune., 1918-12-22
New Chilean Bank Projected
Plan Institution With Initial
CAPITAL of SlOO.OOO.OOO

A project has been brought forward
by the Chilean Minister OF Finance
for the creation of the Banco Privi-
legiado de Chile with an initial cap
ital of $1Oo,oo0,oo0 gold, in shares of
$1Oo each, to be subscribed for by the
national banks, to the extent of their
reserve funds, and by the public
The bank will be given control of the
paper currency Of thirty years, for
which purpose it will receive from the
state an equal nominal value of gold
for its amortization. The bank will be
empowered to replace existing notes
with it's own notes, and will have di-
rect charge of the gold hela for the
conversion of the paper currency. 1t
is also proposed that the bank should
have q CONNER rcial section to discount
three months bill.
New-York tribune., 1918-12-22
Flour and Meal.-Quotations were:
Butter. Cheese and Eggs

Bufter.--Receipts to-day, 1851 pack
ages. Creamery, higher than extras,
lb, 70@70Ec; extras, go score, 691ac;
firsts, 8S to 81 score, 6406S1zc; seq
onds, 83 to 81 score, 59@6312c; lower
grades, $50 csc; unsalted, higher than
extras, 72@724c; extras, 7t@71Mc;
frsts, 66@70c; seconds. 60M65c; state
dairy, tubs, good to prime. 63@66c;
common to fair, 52@62c; renovated,
extras, 53@ SAC; frsrs, 50052c; lower
grades, 43M 4Sc; imitation creamery,
firsts, 47(d48c; ladies', current make,
firsts, 44@45c: seconds, 43c; lower
grades, 41M42hc; packing stock. cur
rent make, No. l, 42iA@43c: No. .,
Al 12c; lower grades, $50 4012c.
Checse.-Receipts to-day were 1882
boxes. The tone Of the market is firm,
but trading is quiet. Some increase in
the offerings of fresh cheese in Wis
consin, but local operators not showing
much interest. State, whole milk, fresh
flats, specials, colored or white, lb, 36ia
q 371sc; average run, 351s "a 36c: lower
grades 32@35c; twins. specials, 3612
w 4 I2c, average run, 80 " "a ooc, lower
grades, 32M35c; flats, held, as to cost
and quality, 31M37c; twins. held. as to
cost and quality, BIZ a 3619c; Wiscon-
sin, whole milk, twins, held, 340 36Ssc;
single daisies, held, 32@37c; fresh, 81
G937hc; double daisies. held, 32K@
3615c; fresh. 370137 14c; Young Ameri-
cas-, fresh, 39M 40c; state skins, specials,
28G2S1 15c; prime to choice, 25M27c;
fair to good, 20@24c; lower grades,
12M 18c.
Eggs.-Receipts day. 5,O17 cases,
not including 896 cases for export
Fresh gathered, extras, dozen, 69@7Oc;
extra firsts, 67@6Sc; frsts, 65066c;
seconds, 62N SIC; fall gathered poor to
prime, 50M 62c; dirties, No. /, 56M57c;
No. 2 and poorer, 44@ 55c; checks, good
to choice, dry, 46M48c; under grades,
400 45c; refrigerator. 43M55c; state,
Pennsylvania and nearby Western
hennery writes. fine to fancy. 9Oc; or
dinary TO prime, 75M88c; gathered
whites ordinary to fine, 75MS8c; pull
let whites, 70M75c; Pacific Coast
whites, extra, 90c: lower grades, 76@
SEC; pullets, 6SN 75c; Western and
Southern, gathered whites, 70@s3c;
state, Pennsylvania and nearby, hen
merry browns, 74M76c gathered brown
and mixed colors, 66M)72c.
New-York tribune., 1918-12-22
Victory Bond
Demand Brings
Price Advance
Heavy Buying of Canada's
War Bonds Makes 1t
Necessary to Mark Up
Fixed Quotations Again
Special Correspondence


TORONTO, Dec. 22.--Just two weeks
after trading in Victory Loan bonds of
1913 began. the committee which has
the market for the bonds in charge au-
thorlzed substantial advance over the
initial fixed price.
IL Will be recalled that the loan OF
1917 was placed in charge of the Vic
tory Loan Committee with headouar-
eers IN Toronto. All purchases and
sales were made through it. In this
way selling orders were offset by buy-
ing orders and business was materially
slmpllfled. In the case of the Victory
Loan OF 1917 so much was demand in
excess of supply that the committee
raised the buying price twice. When
the new Victory Loan was ready for
the market, the two loans, comprising
nVe maturltles, were classed together
Inc hxed prices Of the old loans of
more distant maturity were raised 2
third time, and from the start, tho
Victory bonds of 1918 were raised to
a premium over the price of issue.
During the past two weeks buying of
the Victories has been exceedingly
heavy. One local bond house had
orders for over s1,ooo.oOo, while an
other reported having orders in the
hands of the committee for two weeks
without having them filled. The re-
SUIT IS that new price list has just
of 1887 maturity, which we're issued
at par, are now quoted at 1O2 and in
terest to buyers, while sellers get 1O1
and interest. The following table
shows the present price list. as com
pared with the list fixed about two
weeks ago.
New-York tribune., 1918-12-22
Japan Will Dispatch
Business Men to Paris

The National Foreign Trade Council
has received from Robert H. Patchin,
one Of its members, VINO is making
business trip to Japan. the following
cable message from Toxic:
Recognizing the value of practical
business advice, the Japanese govern
nent after consultation with Chambers
Of Commerce is sending the following
with peace delegation: Baron Kondo.
president Nippon Yusen Kaisha. 2.
fdkai, director Bank OF Japan: X i'nk'
menaging director Mitsui Bussar Kai-
sna; NJ. Alta. managing director lana.
Cotton Company
New-York tribune., 1918-12-22
New York

Christmas Party at Stock Exchange.
The celebration Of the dawn of peace
by the New York Stock Exchange took
the form of the annual Christmas festi-
val given by the members to their en-
ployes yesterday afternoon The floor
of the exchange was filed to overfiow-
ing with men, women and little chill
dren. Beneath the great blackboard
on the south side Of the room was a
large Christmas tree lavishly laden
with presents
New-York tribune., 1918-12-22

Some Of the brokerage houses which
canvassed for the Victory Loan of 1918
offered small investors whom they ap-
preached to purchaseAthe bonds they
TOOK up at the issue price on presenta-
campaign argument, and it has been
justified by events. Since the market
was started for Victories brokers and
bond houses have diligently presented
the merits Of the bonds by circular to
their clients. They receive a commits
sion for the purchases that are made
through their Offices, but nothing for
sales.
The fact that these bonds, backed as
they are by the Federal government,
are selling to yield nearly 51a per cent,
makes them, especially those of dis
tant maturity, attractive to Canadian
investors. The Victory bonds are free
from income taxes.
New-York tribune., 1918-12-22
Livestock. Meats, Provisions

Following are Yesterdays psices. compared With
those OF year agov
Yesterday. year ago
Live steers. fair to
prime. 100 h. $3.50 0Sl80O Si0.75 DSi2.53
Dressed beef. sides,
10. ............- .ib 20 20 10 G .2i'.
Live veas. commCu
to prime 100 IL. 1850 q 2050 l4.oo a 1850
Dressed veals city.
ID. ............ ~ ~ .5O lZ "a II
Live ewes 100 lb. 500 a $50 1000 a Ii.50
Live lambs. fair to
prime, 100 lb. 1900 "a $500 E.75 O. 1860
DRESSED niuttor lb 10 @ IL ~ "a ~
Dressed lambs, city.
ID. ............. .l6 0 .2A RI q .26
Hos. ZOE lb......l75o a 1900 1915 =
'',5a.' eon, D. 's1' .:..,. .24%@ 2Ass .24H Pas,
Mess pork bhl 90 a 1850 So 90 a 81. SO
Mess beef. Dbl. .35 90 q 36.Uv 3l.00 q 1890
h. ;;.......... ;'.. 2450c @ 24.sec 2ssoo a 254oc
New-York tribune., 1918-12-22
Relevant Comment
Record Steel Wages

According to a Wall Street compila-
tion the average wage per man of
the United States Steel Corporation
this year will be in the neigh borhood
of $1,000, new high record. The
annual average wage in 1917 was
$3.50, and in 1916 it was $1,c42.
In 1913 and 1914 the average wage was
s9O5. If this years average reaches
$1,000 the increase since the outbreak
of the European war will amount to
more than rs per cent.
New-York tribune., 1918-12-22
Money and Credit

changes i'll Yesterdays weekly state
hlent Of the Clearing House banks re-
hected the payment during the week Of
'he tnlrd instalment on the Fourth Lib
cf'y Loan subscriptions Loans and
discounts of the member banks de-
ereaseds$2O sos, 900, while United States
uepoSts .rcreased from $167, 100000
70 S240,239,O00. Surplus reserves IN
creased Sl9,822,24O to 59.691 ,750.
The Federal Reserve Bank Of New
'ork reported rediscounts and advances
against commercial pape- of $54,113,59i,
compared with s73,313,9O7. Reds
counts and advances against United
s'ates government obligations were
7'04''+I7s2, against $624,952,670 the
breeding week. Total GOLD reserve
y. the bank decreased approximately
$le,0oO,O00
"ank Acceptanoes.-Rates yesterday
were as follows:
g., Thirty Sixty Ninety
Npo1 de- days. days. days.
y every: Per cent.Per cent.Per cent.
1l gible
N m ber
y banks. .4H@4 4A@4fs 4n@4A
eligible y 80
.non-mem-
l.-eligible 80 '7se'/9 77s@"''
bank bills.sHa@s 5H@s 5h@s
f0r delivery within thirty days:
rGo;,, Per cent.
r,s.ole member banks Ak
ls'Dis lna,;sis non-member banks. 49,. 4fs
+"eAgibie bank bills S
,,isNa isscoant rates.-The following table
inc current rates of the twelve
New-York tribune., 1918-12-22
> u 8 t e n q N e e
Cereals

Wheat.-Receipts OF wheat at pri-
mary points continue on liberal scale,
but the visible is being steadily drawn
upon, with exports from the scaboard
assuming larger proportions. The
price of wheat remains at fixed Levels.
but farmers are paying premiums in
many cases over the original minimum
IiYureS
New-York tribune., 1918-12-22


Dec3
Gold in vault and s335141Ooo 51s oco
Nod settlement Board).
N0' VIZ" ioreigh agencies. 5229C50
Total gold by ... eo2s3ecoo 800 e1a coo
1ono
"ou redemption 1und
ioa gold reserves $2,o78ea&0oo
oa S2134263
n' Secured by u 299524C00
.g"'uns aH ae5e14Oco
oSaht 340,76SO00
11nJ 4 G. ais on hand S,eHos7cc0 $2216o57ooo
iohe term securities 28850CoO
~ ~ snort term securities 325o73oo0 4770o0
O'"N $4,000
Total earning assets s2aocoeooo s2ae7soo COO
0NNSeu ''"' 826Ja31000
Five fund against Fed
eral Reserve Bank 58goooo 5sns nm
"a" o"e' resources 29,783oo0 s824ooo
Total resources NEUTRALITY-SUSPICIOUS.. s52a4ea4ooo
LIABILITIES
S Sapa paid in $so5a5oco
SuFus 1,134CcO
H III n"nenl @ oeposts 386s3o0o
ue 10 memhe1 banks-Rece
o ' 'te"s 588755000 556764O00
o oepos's including credits
Iotad gold deposits $2376581ooo s2;a92317ooo
reaea es>rve notes IN actual circulaton 2o601o00
Federal in circulate
N' o'"ei 'so'"''es 54224ooo
1otal liabilities $685. $4,000
reserves deposit Federal
tiles combined, cent. " N
Ratio gold to
"er enhg ASIDE
New-York tribune., 1918-12-22
News Digest
Foreign

Paris Bourse Quiet-PAR1S. Dec. 21.
Trading was quiet on the Bourse to-
day Three percent rentes sold at 81
francs 65 centimes for cash. Exchange
on London was quoted at 25 francs
9712 centimes. Five per cent loan
brought 8S francs 10 centimes
New-York tribune., 1918-12-22

Corn.-The corn market experienced
a reaction on Saturday under profit tax
ing sales and owing to the prevailing
belief that the technical position of the
market has been materially weakened
by the heavy buying on Thursday and
Friday. The weather was again unset
tled with rains, and. as cor ntrv roads
are now muddy and in many cases i'm
passahle, the trade was not particu-
New-York tribune., 1918-12-22
Current
nYchnnoe Intrinsic

The above rates express the cost Of
foreign money in terms of the Amer
ican dollar. You buy an English pound
sterling, ssy, at s4.75So. The intrinsic
parity is $4.36ss per pound. Thus you
say either that pounds are at dis
count or that dollars are at premium,
which is owing to the fact that in Eng
,und the demand for dollars with which
to settle accounts in this country Is
greater than tn, demand in this country
FOR pounds with which to settle ae-
counts in England.
New-York tribune., 1918-12-22
Nominal.

Coffee Market.-In local trade circles
there was more or less comment on the
reports from Rio Janeiro that the
export tax on Santos coffee would be
abolished as soon as the loans made on
coffee guarantees had been liquidated,
but pending further information traders
we're not disposed to consider this an
immediate market factor.
New-York tribune., 1918-12-22
The Chinese Iron" Loan

Recent advices from Shanghai told
Of negotiations for loan of 100000
900 yen (S50,0o0o0O) to China by
Japanese syndicate for the purpose OF
New-York tribune., 1918-12-22
Coffee. Sugar and Tea

Current a year
prices. ago
Tea, Formosa, per lb......... 80 26
Sugar, granulatcd, per b.. 8.3S
Coffee, Rio No Z, per b.. .a1o7s 754
New-York tribune., 1918-12-22
Dividends


Indiana Pipe Line Company..Ex
dividend of $3.50 per share in addition
to regular quarterly dividend of SO
per share, both payable February IS
to stockholders of record January %.
New-York tribune., 1918-12-22
Regular Declarations
W all Street Items

The Chemical National Bank has
voted tt distribute a Christmas bonus
of 10 per cent among it's employees.
making total distribution for the
year of rs per cent
Imajiro Kudo has been appointed
agent at the New York office of the
Yokohama Specie Bank, Ltd.
Fairbanks, Morse & Co announce
that al employees who have been with
the firm twelve months Will receive a
bonus OF 10 per cent and those who
have entered their service since Janu-
airy l las win receive per cent.
S. T. Barry has sold his seat on the
New York Coffee and Sugar Exchange
to Thomas J. Woods for $4,000.
A bonus of 10 per cent of their sal
aries for the year viii be given to all
the employees of the Lehigh Valley Coal
Sales Company.
New-York tribune., 1918-12-22

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 Mirt:
New-York tribune., 1918-12-22
New York Clearing House Banks

CIearine
the
Cash of Federal Reserve o9o32O0O
Reserve repositories
CTcuauon 358f6Co0
EXCESS 59691750
aggregate reserve 51510Oc0
deposits Quoted, $24823e
New-York tribune., 1918-12-22

Sub-Treasury. Tt. Sub-Treasury
gained s24S,c00 from the banks on Fri
Gay.
Silver.-London, 4sid, unchanged;
New York. 101 1sc. unchanged: Mexican
dollars, a &c, unchanged.
London Money Market.-LONDON,
Dec. 21.-Money was firm at per
cent. Discount rates were: Short and
three months bills, 1882 per cent
Gold premiums at Lisbon were at $500.
New-York tribune., 1918-12-22
Federal Reserve Banks

of wcl Reserye
sno"eo shrnkage
Of
saSI;ng @ IN n.s secured by government obligations bills
showed
snrh notes IN circulation
$H'oo''o,,i0 The c0rYolidated stntcmen -