davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-06-02
Brazil Has Organized
Another Mining COMPANY

BY decree, the President of Brazil
has authorized the International Ore
Corporation. with head Offices at To-
ronto, Canada, to operate in Brazil.
Although this is a Canadian corpora
tion, the capital invested is American,
1t being a branch of a Philadelphia
company. One hundred thousand
shares without par value, of which So
600 have already been issued, consti-
tute the capital stock of the COMPANY
The Brazilian branch will have capi-
tai of $5oO,o00 for its operations in this
country.
The objects of the company are very
broad, but: the principal business viii
be the exploitation of manganese mines
ano the expectation of manganese ore
stockholders have been actively an
gagged for some time past.-Commerco
New-York tribune., 1918-06-02

to foreign banks. 1t will be seen that
this system Of adapting international
exchange to the necessity of selling a
nations goods on credit because money
Is not passing between nations is new
one among the international arrange
ments.
The Swedish Minister of Finance ad-
vocated the plan. In a statement to the
Cabinet he explained that the economic
cxlgencles of war were becoming such
that nations which were ready to buy
largely of merchandise were unable,
either for economic reasons or for mil
ltary, to make return for Swedish ex-
ports in goods. In spite of the obvious
drawbacks to the idea of selling the
nations exports on a credit basis, in
the circumstances it was a matter of
national Importance that it should be
done. He said tnat there were reasons
of expediency why the state itself
should not provide this credit directly,
corporation controlled and guaranteed
ny the state, this ought to be done. He
mad already entered into an agreement
with The most important Swedish
banks on tentative and preliminary
basis.
This means, in ordinary mercantile
language, that foreign banks will be
ahl? to make arrangements indirectly
with the Swedish government for the
establishment of credit in Sweden by
means Of which they will be able to sell
exchange upon Sweden for purchase of
Swedish goods, and the settlement will
be made later. The capital and bonded
guarantee of the company is obviously
for use in raising the Swedish credits.
Just what form of guarantee or col
lateral will be required of the foreign
banks is not disclosed"
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 year ago, would be about
as follows:
New-York tribune., 1918-06-02
Corporate Returns

Atlantic Coast Line.-The company
reports gross earnings for April of
$4,397 $3.50, compared with $3,617,524
for the corresponding month of last
year. Net after taxes amounted to
$1,2O3,730, against $S96,875 for the
same period Of the preceding year.
Gross earnings for the first four
months of 1918 totalled $17,659,674,
compared with $15,167,62O for the cor
responding months of the previous
year. Net earnings for the period
were s4,s12,654.
Carolina, Clinchfield & Ohio Rail-
road Company.-Operating statement
for April discloses gross earnings of
s361,2eo. Net was s116,727, against
s35s,oe4 for the same period of the
year before. Surplus after charges
and taxes amounted to s1s,S04. Gross
earnings for the four months period
ended April 80 last, totalled s1,42e,7s2:
Net earnings were $450,006, compared
with s5Se,524. Surplus was s55,o5s, a
decrease of $23s,397 from the same
months of the preceding year.
Puget Sound Traction, Light and
Power Company-Gross earnings for
March totalled $965,911, an increase of
$197,493 over the corresponding period
of last year. Net earnings amounted to
s3S4,404, compared with $2S9,7S9 for
the same month of 1917. Surplus
after charges were $176,739. Gross
earnings for the twelve months ended
March 81, 1918, were $10,023,684. Net
earnings were $3,S22,047, against
ss,255,oS2 for the twelve months ended
March 81, 1917. Surplus for the period
was $1,425,272, an increase of $4o5,145
over the corresponding months Of last
year.
Northern Texas Electric Company
Statement for April shows gross earn
ings of s267,9l4, which compares with
s175,359 for the same period of 1917.
Net earnings totalled s120,075, an
increase of s4S,722 over April Of
last year. Surplus after charges
amounted to S91,839. Gross earnings
for the twelve months ended April 81
last, amounted to $2,932,2S2. Net
earnings were S1.352.53A Surplus was
New-York tribune., 1918-06-02
Regular Declarations

Boston & Lowell Railroad COMPANY
Semi-annual dividend of per cent, pay
able July to stockholders of record May 25
Connecticut Power Company.-Quarterly
dividend of Y per cent on the preferred
stock, payable June l to stockholders Of
| record May %.
Consolidated Traction Company Of New
Jersey-Semi-annual dividend of per cent
June 90.
Fisk Rubber Company.-ouarterly divi-
dend of ia per cent on the second pre.
1erred stock. payable June is.
Freepor Gas Company.-Quarterly divi-
oe1d of " per cent on the preferred stock,
May 2S.
Globe Soap Quarterly divi-
dends of ~ per cent on the second and
special preferred stocks, both payable June
10 to stockholders of record May 81.
Great Lakes Towing Company.-Quarteriy
atV,aend etOaa ct. OF ~ per cent on the preferred
terly dividend of N per cent on the Sno. cora.
mon stock. payable June 3O
Manhattan Railway Company.-QuarterIv
dividend of ls4 per cent. payable July to
stockholders of record June 15
Rensselaer, & Saratoga Railroad Com
pany:-Semi-annual dividend of per cent
payable July 1. "
South West Penn Pipe Lines.-ouarter,v
dividend of 50 per share. payable July IT, j to
stockholders of record June Is.
Standard Gas & Electric Companv
Quarterly dividend of 1hs per cent on nr..
ferred stock. payable June Is to stockholder.
of record May 81.
Standard Oil Company Of Kentucky
Quarterly dividend of So per share. pavshJ.
July l. 'A'~o's
Todd Shipyards Corporation.-ou.-+.-,x
dividend of S1.75 per share, payable June u
10 stockholders of record June 10.
"hPnIfnO T.
clared. ---S 'es" "
New-York tribune., 1918-06-02
Embargo in Dutch Indies

The American Minister at The Hague
reports. that the expectation of tin
ore, quinine salts and bark, and kapok
from the Dutch East Indies has been
prohibited but that licenses for the
expectation of these articles may be
obtained from the Colonial Government
upon compliance with the regulations
prescribed by the Governor General
So far as known, no special conditions
have been placed so far upon the
granting Of these licenses, but it is
possible that the granting of licenses
may be made subject to conditions
Commerce Reports,
New-York tribune., 1918-06-02
Record Breaking r. r. Year
Philadelphia, Baltimore &
Washington Road Prosperous

A year of record breaking business
is recorded in the annual report Of the
Philadelphia, Baltimore & Washington
Railroad Company, made public yes
terday. The total freight traffic in
creased 17.41 per cent and the passen-
ger traffic $685., compared with the
1915 basis. The 1915 record was the
best up to last year. This road consti-
tutes part of the Eastern lines of
the Pennsylvania system.
Both the earnings and expenses of
the company in 1917 were by far the
greatest on record. The total railway
operating revenues were $33,212.4O3
and the total railway operating ex-
penses $24,5S8,246. Taxes amounted to
New-York tribune., 1918-06-02

81 ,214,O53, an increase for the year q
go per cent. After all calculation
there remained net income of 5000.
105 for the year. Out Of this sum
dividends of per cent were paid a.
the s2s,437, 900 Of capital stock, $212-
256 appropriated for construction work
on leased and branch roads and ST.
087 of miscellaneous appropriation
made. The remaining balance Of ss.
192,542 was transferred to profit and
loss
New-York tribune., 1918-06-02
Money and Credit

The Clearing House banks reduced
their loans and discounts by s43,SS3, COO
last week. Surplus reserves decreased
ss,olo,ooo, to s$2,952,93o, while net de-
mand deposits increased sl6,l7S,o 900.
United States government deposits
aggregated $S2S,o2S,o00 at tho end Of
New-York tribune., 1918-06-02
Dividends
Extra

Extra
Tidewater Oil Company.-An extra
dividend of per cent has been de-
clared in addition to the regular quar-
terly dividend of per cent, both pay
able June 20 to stockholders of record
June Is.
New-York tribune., 1918-06-02
Marine Annual Meeting Tomorrow

Marine Annual Meeting Tomorrow
The annual meeting of the Interna
tional Mercantile Marine Company will
be held in Hoboken tomorrow at noon.
In view Of the pending negotiations. it
is hoped by stockholders that some
definite information concerning the
nature Of the offer that has been made
by British interests will be made
known. So far as could be learned yes
terday, however, little more will be
given out than has already been said
by President P. A. S. Franklin. to the
effect that favorable progress is being
made"
New-York tribune., 1918-06-02
Elections

Harvey Il. Robertson has seen ap.
pointed assistant cashier Of the Chat
New-York tribune., 1918-06-02

The above rates express the cost of
foreign money in. terms of the Ameri-
can dollar. You buy an English pound
sterling at, say, $4.75as. The intrinsic
parity is s4.86m per pound. Thus you
say either that pounds are at dis
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in this coun-
try for pounds with which to settle ac-
counts in England.
New-York tribune., 1918-06-02

New York. .$678,476 ,465 500, ,949 ,086
Boston ....... 46,s18,641 6,626,931
Philadelphia :. 74,314,846 23,521 ,4o8
Silver.-Bar silver in London was
4S7bd, unchanged; New York, 997ac, un-
changed; Mexican dollars. 77c, un-
changed.
Sub b-Treasury--The banks lost to the
Sub-Treasury yesterday s24,7o9,ooo.
Bank Acceptances.-Rates were un-
changed yesterday, as follows:
Thirty Sixty Ninety
Spot de- days. days. days
livery: Per cent. Per cent. Per cent
6 bic
banks. 4I4@4 49s@4h -+h@4M
E i g i Bile
Der banks.4j4@4Is 4h@4I4 4h@4A
1nelig ible
bank bills.54@424 5A@4s4 5I4@4M
For delivery within thirty days:
Per cent.
Eligible member banks ....... 4I2
Eligible non-member banks..... 45a
Ineligible bank bills.
London Money Market.-LONDON
June Money was firm at per cent
Discount rates were: Short bills, 3h
per cent; three month bills, GIG per
cent
Gold premium at Lisbon was 1870.
New-York tribune., 1918-06-02
Stock and Bond Averages
Relevant Comment
Italy Curbs Imports

Italy Is taking steps to curtail un-
necessary imports. in hopes of helping
Italian exchange. A dispatch from
Rome to the Italian Bureau of Infor-
nation here says: minister of the
Treasury Nitti has announced that
after June 1 no imports will be per
mitted without special government au-
thorization. and no expectations will
be allowed without the approval of the
National Exchange Institute. The i'm
portation of goods will not be per
mltted unless it can be proved that
they are absolutely necessary"
Marines Pursue Erratic Course
Following its spectacular rise of 9H
points Friday, Marine preferred ,ur-
sued an erratic course on the Stock
Exchange yesterday. The opening
ranged from 104A down to 1031s, and
before 10:3O the price had jumped to
1093, or AZ points above Fridays
close. Then followed a quick decline
to 104, with fluctuations between this
figure and 106 until a reaction set in
during the last few minutes, with the
result that the last sale was at 1O41a a
net loss for the three-hour session of
Is. The common, after selling as high
as 31A, closed g off at 29al The com
pany's per cent bonds. which will be
retired at 110 if the pending plan in
volving the sale of the British sub
salaries goes through. rose to 1925
new high for the year, and closed at
101, half point below Saturdays last
quotation.
New-York tribune., 1918-06-02
Federal Reserve Banks

WASHINGTON June Total reserves of the
Reserve Banks billion dollars The Federal Reserve
Boards weekly tonight showed $19509000 nclud
ing $4,000 Bills
discounted increased condition
at the close of business night follows:
New-York tribune., 1918-06-02

Discount Rates.-The following table
gives the current rates OF the twelve
Federal Reserve banks on commercial
paper on all periods up to ninety days:
New-York tribune., 1918-06-02

Bank Clearings.--The days bank clear
ings at New York and other cities we're:
Exchanges. Balances.
New York. $685. ,476, ,465 $66, gas, ,086
Boston .. 46,918,641 6,626,931
Philadelphia =. 74,314,846 23,521 ,408
New-York tribune., 1918-06-02
the week, compared with 1864, 4,o15,ooo a

the week, compared with $364,o15,oo a
week ago.
On transactions with interior dis
tricts, the Federal Reserve Bank Of
New York lost heavily in gold last
week, the gold settlement fund of the
institution decreasing from $40, 9,5S3, 900
to S1,S07 900. At the same time gold
in the vaults of the local bank de-
creased from 1851 ,3l9 ,097 to 1929, 1884,
il8. Bills discounted and bought de-
creased about $40 100000 during the
week.
The actual condition OF member
banks shown by the Clearing House
statement yesterday follows:
Loans, discounts, invest
nents, etc. c.............$ 81 sos, ,528, 900
Cash in vaults of Federal
Reserve members. ..... 98,710,00
Reserve in Federal Re-
serve banks. s........... 5O2, 1892, 900
Cash in vaults of state
banks and trust COM
panies .............. 1852, 900
Reserve in repositories. 8203, 900
*Net demand deposits. 3,724,617, 600
Net time deposits. ...... 159,621 900
Circulation ............ 37,218,000
Aggregate reserve. ... 527,707, 600
Excess reserve. ...... 32,952, $50
*United States deposits deducted,
s328, 1923, 900.
The changes from week ago were: !:
Loans and discounts. Dec. $43,883, 900
Cash in vaults Of Fed
eral Reserve men,
bers ............... Dec. 4714,OOO
Reserve in Federal Re-
serve banks Dec. 7,78O, 900
Reserve in vaults Of
state banks and trust
companies .......... Inc. 10000
Reserve in repositories Inc. $4,000
Net demand deposits. Inc. 16,178,00O
Net time deposits. :. Dec. 4,4O9, 900
Circulation ........ Inc $4,000
Aggregate reserve. Dec. $685., 900
Excess reserve .... Dec. 9,O1O,710
Discount Rates.-The following table
New-York tribune., 1918-06-02

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:
Norwich bulletin., 1918-10-31
SENATOR LODGE SPEAKS AT
 POLITICAL RALLY AT LYNN

Lynn, Mass, Oct. 3O.-Expressing the opinion that the war could last but a few weeks longer, Senator Henry Cabot Lodge, the republican leader in the upper branch of the national leg islature, declared at political rally here tonight that the present was no time for barley and that Americanism, not republicans or democrats, must prevail.
 The senator called upon America to stand fast by the ideals for which it entered the war, which in his opinion was for the maintenance of the free dom of civilization and was to be ac- complished only when Germany was beaten down like Bulgaria and in a position where she never could break out on the world again. He declared the action of President Wilson in calling for democratic support in congress not only had divided the country heretofore united, but had tended to make the war q party war. No policy had been announced, MT Lodge. asserted, for which democratic support was asked.
 He said it was a rank injustice that republicans worthy to go into the trenches, worthy to subscribe to the major part of Liberty loans, good enough to give to all charity and war causes, should be characterized by the president as unfit to take part in the government.
 Of the fourteen articles for peace suggested by President Wilson, Sena- tor Lodge expressed himself in favor | of the seventh, eighth, ninth, eleventh and thirteenth.
Norwich bulletin., 1918-10-31
sTIFlNDER WAS SUNK
 BY A GERMAN SUB

New York, Oct So.-With the arri- Val of eleven men of the crew of the Norwegian steamship Stiinder here today after their rescue by a United States naval vessel, it was disclosed that the Stifnder was bombed and sunk by German submarine on Oct 13 and the crew of nineteen forced to take to open boats. The fate of the captain and seven men of the crew was not known by those who. reached this port.
 The mate and ten men arriving here were suffering from the effects of fif- teen days of exposure while in their small boat. They had sufficient food, which was giving out at the time the naval vessel sighted them.
 The Stifender. 1746 tons gross, was halted by the U-boat on the afternoon Of Oct. 13, about 1000 miles east of New York. Some of the submarine's s crew came aboard with bombs and the Norwegians were ordered to take to lifeboats. Fhey were given time to obtain food and belongings The cap tain and seven men entered one Of the small boats and it is not known here whether they perished or were picked up and are on their way to some port. The two boats rowed away but lcould not remain long near eacl other 1 Those brought here today said they sagy the sx4Jles i4aes being planted on i their ship as they .rowed off. IS was on l Oct. 25 that the American naval yes sel came across the men now here.
 The Stifender. was on her way from
 New York to Freemantle, Australia
 She carried cargo of oil shipped by
 the Standard Oil Company.
Norwich bulletin., 1918-10-31
NO QUORUM IN SENATE
 STOPS PARTISAN DEBATE

Washington, Oct 30.-Elans for an adjournment of congress until after election appeared tonight to have been blocked by partisan effort !n the sen ate e..
 Less than a quorum of the senate is in Washington tonight and repub- lican leaders said they would exercise their power to lreyent the proposed recess in order that the senate may discuss any developments in the peace negotiations.
 Democratic leaders wera understood to ce prepared to forestau another out break of partisan debate by making a point of nc quorum. It was con- ceded by republican members that the democratic plans could be carried out thus forcing an adjournment of the senate from day to day.
 Introduction of resolutions bearing on the proposals of the Central Fow- CTS is expected tomorrow, but in view of the power possessed by either pad 1 ty to force an adjournment, no dis cussion of the resolution is expected.
 Because of the situation in the sem l ate. it was considered doubtful wheth- CT house leaders would attempt pass 1 age tomorrow of an election recess l resolution, causing a continuation of
 the existing three day recess sched- 1 lIle
Norwich bulletin., 1918-10-31
State Bar Opposes
 Dry" Amendment
Regards It as Unwise and Unsafe Declares It Should Not Be Ratified by the States.

New Haven, Conn, Oct. 3N-Opposi- tion to ratification of the federal pro- hibitory amendment by the next gen. eral assembly is expressed in lengthy report upon this matter made public today by the Connecticut Bar Asso- citation. In it's introductory words the report says: Your committee regards the proposition to put into the Con stitution of the United States pro- hibition against the manufacture, sale and transportation of liquors as un- wise and unsafe, and as unstatesman- like in every phase of it. We think it is dangerous precedent; we look upon it as the door to every kind of restriction by way of constitutional provision.
 "We think the proposed prohibit tion amendment has never teen prop erly passed upon by the National Sen ate and House of Representatives and therefore, it should not be ratified by 1 the states.
 Because of it's dangerous tenden- ey, because Of it's failure to receive a proper vote in congress, becas use of the loose character of it's wording. and be- | cause of it's inherent wrong, we sub init that this amendment ought not to be ratified by the general assembly. !.
 The report is signed by Silas A Robinson. Milton A. Shu1nway, Joseph P Futile, Seymour c. Loomis and 1 Christopher L. Avery.
Norwich bulletin., 1918-10-31

other attack on front of about seven and a half miles between St Quentin le Petit and Herpy in the general diFec- ton of the enemy's communication lines running eastward from the old St Quentin and Laon sectors and also with the purpose of driving a wedge into this part of the southern battle line and thereby compel the enemy to readjust his front through Champagne 10 the Mouse.
 Around Grandpre, north of the Ar gonne Forest, the Americans have bet tered their positions materially in at tacks against the Germans. The Belle 1oyeuse farm now is virtually all held by the Americans. East of the Mouse Csere also has been considerable fight ing, but no great change in positions has resulted.
 The big American guns are contin lring to heavily shell German positions far behind the lines and bombing planes also are intensively active against troop concentration points In air fighting the Americans Wednesday sent 21 German aNators crashing tc the ground. Two of the American fiiers are missing.
 In Serbia and Mesopotamia allied troops are still haraSsing the enemy Serbian cavalry has arrived at the Danube a short distance southeast o Belgrade. In Mesopotamia the Brit. ish advance has proceeded 150 nliles up the Tigris river from Bagdad. It is reported that Turkey has in. vited the allies to send their fleets in. 10 the DardaneIles and also to land small detachment of troops to super wise the demobilization of the Turkisl ] army.
Norwich bulletin., 1918-10-31
KILLED HERSELF BECAUSE
 BOYS STONED. JEWISH FLAG

New York, Oct 3o.-Police reserves guarded housetops and fire escapes in Harlem today to prevent any outbreak of violence among thousands of per- sons watching the funeral cortege of 13 year old Sadie Dellon, who killed herself Saturday because boys had stoned a small Jewish flag which she displayed in honor of her brother, serving with the American expedition- ary forces. During the passing of the procession all persons appearing in windows were warned back, and one woman who shrieked Down with the Jewish f1ag." was. quickly silenced by a policeman.
 The trouble which led to the girls suicide started with the display of flags in the block between Broadway and Amsterdam avenue, on 125th street, as a tribute to the men who had enlisted from that neighborhood. Residents of the block are said to have taken exception to the eXhibi
 ton of Sadie's little flag from fire i escape, on the ground that it was ! placed higher than the Stars and | Stripes. After it had been stoned and | jeered and the girl herself had been 1 struck by boys in the street, it is said | the flag was taken down. The girl 1 barricaded herself in her fathers store and drank poison. When patrolman l broke into the shop she was dead, and l beside her body lay a note reading:
 T cannot see my flag insulted | Good bye all."
Norwich bulletin., 1918-10-31
S. O. S. CALL RECEIVED
 FROM DOMINION STEAMER

Victoria. B. C., Oct. 29-Naval au- thorities announced today that an S. Q. S. call had been received last night from the Dominion government steamer Galiano. a lighthouse vessel, en route from Triangle Island to Ike da, Queen Charlotte Islands, in the in- sida passage.
 The message said the vessel was making water very rapidly. No furth- CT word was received. The vessel had a crew of thirty men.
 The vessel left Triangle Island at 9 o'clock last night and it Is supposed disaster overlook her off Capt St.. James a rocky point at the southern end of the Queen Charlotte group. Rescue vessels have been rushed to the scene and now are patrolling the vicinity in an effort to locate the Ga llanO or some trace of her.
 The weather reports indicate that a heavy southerly gale was raging off the northern end of Vancouver Isl- and during the night. The wireless message sent out by the Galiano was SO faint that fl was concluded the en- eines were out Of commission. The only theory advanced is that the Ga iiano was disabled by the heavy seas.
 The Galiano was of only 399 tons end was built at Dublin, Ireland. in 1913 to the order of the Dominion gov eminent for the fisheries patrol ser vice. Since the war she was used as a patrol ship. The crew is believed to have mum bered about fifty.