davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-09-19
Dividends
Regular Declarations

American Surety Company.-Quarterly
dividend of per cent. payable September SO
to stockholders of record September 21.
Apsley Rubber Company mi-annual div
idend of " per cent on common stock pay
able October | to stockholders of record Sep
tember 80.
Consumers Power Company-Quarterly
dividend of Y per cent on the preferred
stock. payable October ! to stockholders of
record September 49,
Detroit Edison Company.-Qu Quarterly divi-
dend of per cent on the capital stock. pay
able October ID to stockholders of record
September 80.
Empire Trust Company Quarterly divj-
dend of 3 per cent, payable September 80 to
stockholders of record September 2S.
Fairbanks, Morse & Co.-Quarterly divi-
dend of 8 per cent, payable September % TO
stockholders of record September IS.
Gordon-Pew Fisheries Company-Quarterly
dividend of 30 cents per share on common
stock, payable October / to stockholders of
record September 23. Quarterly dividend of
Slo9 per share on preferred stock payable
October / to stockholders of record Sentem-
Der %, was also declared.
Hedley Gold Mining Company, Ltd
Quarterly dividend of Is cents per share
payable September so to stockholders\of rec
ord September 81.
Island Greek Coal Company-Quarterly
dividend of $l.50 per share on preferred
L StOrkhOI6prC OT
record September 81.
Manning, Maxwell & Moore-Ouarterlv
dividend OF Y per cent, payable September
80 to stockholders of record September 30
metropolitan Trust Company.-Quarterly
dividend Of 6 per cent, payable September go
to stockholders of record September 20
New York Central Railroad COMPANY
quarterly dividend of u per cent, payable
Der s. W w.
Pond Creek Coal Company.-Quarterlv div
ldend OF so cents per share. payable October
to stockholders of record September -.
New York Trust Company Quarterly div
ldend OF per cent, payable September 20
to stockholders of record September q.
. Republic Railway 4 Light Company
quarterly dividend of l.. per cent on nre-
ferred stock. payable October Is to stock
holders OF record September 80
Kansas City Southern Railway Companv
quarterly dividend of l per cent. navah,e
october 10 to stockholders of record Senten,-
@ Ger op, provided however that a sufficient
sum mas been received from the Federal
Railroad Administration to pay same.
Colorado Power Company-Quarterlv div;
uenu ol one-haif OF ! per cent on common
stock, payable October Is to stockbolders 81
record September 80. u
Cities Service Company. Regular monthly
CIV eHioenus .i OF one-hall of | per cent in cash
t.l. ~ 'l's VI per cent in common
stoeK so on the common stock in addition to
the regular monthly dividend of one.hsis - -
per cent in cash on preferred stock ali noo "
October Is. u record
River Plate Commercial Companv-
Regular seml-annual dividend Of a nov.
cent on the preferred stock. The com
pany also declared dividend of 81 q
snare on the common stock. PAYABLE
November l to stockholders of record
October l. eNoi"
New-York tribune., 1918-09-19
so, IHERN TIER DENEIoPuF>r co,,
PANY

-, M4tice is hereby given that ,ha ANNA,
@oTnnnss,. @%i,s OF the Southern Tier DeVelopmelSa.
fo,- ior the election Of Directa-s si
aor the transaction Of such otber h,,s, ana
hs nay h oe brought before the ineetiS 'Ss
90 Churcb % at stre the once OF the Company. No.
o. c1on ueSaay October Sth. 1918 ~ 49ia, 9so
the ne $50 STOCK transfer books viii he closed =.
27tb 1efo OF business on Friday. Sepfenha-
on ''i .. and viii be opened at 10
vi Ry eunssaay' orper ay October 9Th 1918 ~
- U'' 81 me Board OF Directors
New York September 18Th. 1915.
New-York tribune., 1918-09-19
Alberta Wheat Crop
Smallest in Years

A recent estimate of the wheat crop
of the Province of Alberta for this
year furnished by United States Con-
sui Reat, Of Calgary, places the yield
at 100000 bushels, or less than one
third of the total harvested in 1917
and only one-sixth of the 1915 produc-
tion. Drouth in the South in June and
frost in the North in July wreaked
havoc. and many thousands of acres of
wheat have been ploughed under and
thousands more will not be cut
The total seeding in Alberta is be-
tween 100000 and 100000 acres,
with slight increase this season over
previous years. The requirement for
seed purposes is 5000, 900 bushels, leav-
ing only 100000 bushels for milling
from the crop of 1918.
On account of the failure of the
wheat crop the Dominion Board of
Grain Supervisors has just placed an
embargo on the shipment of all grain
from Alberta
New-York tribune., 1918-09-19
N. Y. Central System
For Rail Contract

Officials Of the New York Central
Railroad, the "Big Four" and the Mich
lgan Central lines, comprising the New
York Central system, were authorized
by the directors, at meetings yesterday,
to sign the standard government rail
road contract, after minor modifca-
tions have been made by the Interstate
commerce Commission. This followed
similar action taken by tho Cbicaoo
Northwestern, another Vanderbilt
road, on Monday.
!, numerous changes were effected in
me rosters OF the constituent COM
panles, as result % the ruling of tho
railroad administration that Tai1road
men who arc in the service of tho GOV
eminent cannot retain their corporato
aIlllatlons with the companies the ?
formerly represented. Charles B. So
ger president of the Union Pacific was
erected director and a member of the
nhance committee of the New YorL
central and Michigan Central. to suc.
ceed Robert 5. Lovett, Edward S. Hark-
ness succeeded Marvin Hughitt. chair
man of the Chicago G. Northwes stern.
as member of the boards Of the two
mentioned roads. WV
The following were elected direct .
9rs OF the Big Four: Charles T
Lewis, IN place of the late w. n Now
man; Horace f: Andrews, to succeed a
ii. smith; Mr. Harkness, to succeed II
-: a. worcester, and Mr.. Seger, to succeed
Mr. Lovett, the former also being
erected member of the finance com,
mlttee. The designations were also re-
celved and accepted OF Leonard !
IlacHney and Frank J. Jerome. as d.
the "Big Four" W 81 aIio
New-York tribune., 1918-09-19
Bankers Object to Change
Say Proposed Excess Profits
Tax Is Confscatorv

Changes resulting from the adoption
by the House of Representatives of an
amendment in the proposed SS,000,0 ,000,-
600 revenue bill are compared to shoot
ing a soldier con learning that he had
stolen jam from his grandmother as a
small boy" in letter sent to Claude
Kitchin, chairman Of the Ways and
Means Committee, yesterday by Reed,
McCook & Hoyt, counsel for the In
vestment Bankers Association Of
America.
"The House bill" the letter says,
"changes the present excess profits tax
in two vital respects. First, the rate
of tax is made contscatory of the So
though the House committees report
states in terms that the definition Of
invested capital in the existing law
has been changed in its most important
particular it has in effect been
changed in it's most important par
ticular, that of the valuation Of tangi-
BILE property acquired for stock
Under the bill, the government
would practically confscate the income
of one class of stockholders and then
with equal lack Of intent give to the
Othef class Wnat 1T mad taken un1uStIy
from the first class. Although no fig
ures are available, it is believed that,
especially in the immunity given to
watered stock concerns and to concerns
whose original values have appreciated.
the government would lose as much as
1t took unjustly from the other class
of stockholders. BY using a fair basis
the government we believe can get an
equal amount of revenue Certainly if
the basis is fair it can and will get all
that 1t can safely take from the bust
ness profits of the corporations of the
country.
1--WE very respectfully urge that the
IVA valuation provision of the present
law be retained, and that in any event
where the taxpayer can prove an actual
value paid IN in excess Of the stock
issued, such value be allowed as paid
IN surplus which in fact it is. The
suggestion has been made that one
reason for refusing to allow paid in
surplus IN this case Is that the stock
holders may have undcrvalued their
property for the purpose of keeping
down the state organization tax AS
sumlng this to be so in some cases
and this is, we believe, permitted bv
the laws of most states-we are sure
that so small consideration could not
be taken by the members of your com
mlttee to Justify so punitive and un-
just penalty on under-capitalzed
concerns"
New-York tribune., 1918-09-19
FINANCIAL MEETINGS
SOUTHERN PACIFIC cnvp,
NOTICE. or MEEriNG.
So Broadway. New York -


.,@ Speglal Meeting Or tho stocksc,,aasl ~
ne southern Pacific COMPANY ue,f, ilo ,nffs q
81 the office OF this Cornpsnv =, ~ be held
oa,st r"stsoh '9unfy, KENTUCKY. on age.
ara ~, ., ,'!S at O'Clock noon rFSaay
10 authorize, approve and ratfe,s' w
execution and delivery Of a -or,1.'s % tfs
ioin,I,, Tween .,.h TINS COMPANY separats,,0 on
Jo'nuly with any one or moro or "a or
proprietary and afliated coT,,,sai al ot -
1-,ty, ~ ~ OF parties OF the first part sr5 ss
nar,, OATS, or its reprcsenfstl,e 'i.,
compensation to be paid for 81 l--1is 10 TIE
Us. ana control OF the railroad .,-,i - o on.
tb;s and appurtensn9e,s,' zen
. ms NpHipanE and Of sc>h of j,s - -. ot
tary and affiliated conDars.s - pr prize
snail be parties to such contra, - @s.y' as
properties. and to any Other -,...ot ot such
nected with or growing ont f,"si'or con-
osfr or the said properties h, the p.kins tskins
~, % yH e'il'H states. ana fei any sr-f,-
SSp.ct tneret"; TO authorize the sai5 - t, N
~ to alter, amend or add "a %N ~ b'afl
tract % TO collect the co,npoosa+f,-- - con
pald under such contract and - s4, ~ ~ -
- 80 -" JOINT, to agree with ~. -.
con- panios parties thereto as ~ ~ otne,
~ 10 80 ~ a. 'pit. .p'ii'satlon. and to take a 81
stsII anu l lorlner action as tho said Rosr5
shaH dcem necessary to secure a-,o,'.'al.u etu
compensation, proper use. onera,', ',-. I'd >
maintenance, and timely ra,r-- Gu
di' ~ so taken over. and generaii,,' -.
eoiSiuei ana act upon any and an c,o.., -
aud matters incidental to tbe t-rstions
aioiesaiu or growing out or ~. s,,
Ieu'ral control OF properties 81 49,. Ci ali
panies anu animated CON-
g. For the purposes OF tho meeting tho ,o.,..
n.n,oI VI IranSfer Of stock VIII be closed a,
and viii be reopened AZ In o',,- Isis.
thursday. October 10. 1918 - ~
Dy oraer of the Board Of Directors.
HUGH NELL. Secre.arv
New-York tribune., 1918-09-19

The Dollar in Foreign Exchange

Neutral exchanges showed a firmcr
tendency in the local foreign exchange
market yesterday than at any time
since General Pershing started his sue
cessful drive in Lorraine. Short cover
ing and the indications that the Aus
TRAN peace move would meet as fiat a
rejection elsewhere as in the United
States, thus precluding an immediate
peace. were assigned by bankers as
contributing reasons for the exchange
movement. Rates on Paris and London
remained unchanged.
Closing rates yesterday compared
with week ago follow:
(Quoted dollars to the pound)
New-York tribune., 1918-09-19
Price-Fixing Talk
Causes Slump in
The Cotton Market
Southern Rumors as to Pos
sible Government Figure
Alarm Traders

Uncorrobratcd rumors that price fix
ing was certain to come, yesterday
dominated the trading in the cotton
market, and the prices slumped from
90 to l08 points net. Although no
new authentic information was re-
ceived regarding the plans Of the gov
crnment. the nervousness existing
around the ring made the brokers sus-
ccptible to gossip which came on the
private wires.
From New Orleans rumors came to
the effect that the price of cotton
would be fixed at between 27 and 80
cents pound. Later "rcports" from
other Southern sources suggested that
even lower prices were expected, and
unofficial advices from Washington in
dicatcd that action might be expected
this week.
The market was steady during the
Garner trading on a renewal of trade
buying IN the continued absence of
hedge selling. After opening 1 to 5
points higher, prices fell slightly under
ditfuse selling, but soon rose and
showed net gains Of 90 to 80 points be-
tore the end Of the first hour. Offer
lngs then increased, and then the mar
ket responded to the discussion about
price flXlng, the reports gaining more
crcdence as prices declined. The clos
ing prices were nearly the lowest for
the day
Compared to the price fixing outlook,
al other factors seemed negligible to
observers OF the market. The weekly
report OF the weather bureau indicated
that conditions had been favorable for
picking. but that top crop prospects
continued unsatisfactory, especially in
Georgia, Texas, Oklahoma and Ar
kansas.
Exports for the day were reported
at 1926 bales, making 427 7261 for the
season thus far. Southern spot mar
kets as officially reported were un-
changed to 100 points lower. A COM
parson of prices follows:
Yes'dav's Prevo,c Won
New-York tribune., 1918-09-19
Liberty Loan Bill Passed

WASHINGTON. Sept 1S-Thc Admin-
lstration bill des gned to stimulate the
sale of Liberty bonds by exempting
from the income taxes and surtaXes the
interest on the fourth Liberty Loan up
to s3o,oO0 and up to $4,000 on earlier
issues was passed to-day by the Sen
ate. 1t now goes to conference between
the two houses.
New-York tribune., 1918-09-19
Shipbuilding Co. Dividends

CLEVELAND, Sept. 1S.-The Ameri-
can Shipbuilding Company directors
to day declared the regular 9. per cent
quarterly cash dividend on the common
stock and 10 per cent extra, PAYABLE in
3 f2 per cent Liberty bonds. The divi-
dends are payable November | to stock
OF record October Is. The previous
quarterly extra was per cent in Lib
erty bonds. The directors also declared
the full years dividend of Z per cent
on preferred stock, payable quarterly
New-York tribune., 1918-09-19

The above rates express Tie cost Of
foreign money in terms of TIE Ameri-
can dollar. You buy an English pound
sterling at, say, s4.756O. The intrinsic
parity is s4Se3s 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
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in tns coun-
try for pounds with which to settle &C.
counts in ENGLAND.
New-York tribune., 1918-09-19
Short Crop of Apples

1t is estimated that the yield of ap-
pies in the Yarmouth district of Nova
Scotia this year will be between 400 1000
and 100000 barrels. compared with
725,0O0 last year. The crop was small
IN 1917. The average crop is about
900 900 barrels.
New-York tribune., 1918-09-19
War Board TO Appoint
Cotton Committee Soon

WASHINGTON, Sept. 1s.-The com
mittee to Investigate the cotton situa-
ton, with the possibility of fixing
prices, Will be appointed within the
next day or two. it was stated to-day
at the War Industries Board. With
the appointment of the committee there
probably will come a statement from
the President further clarifying the
situation. over which Southern mem
bers of Congress are greatly exercised.
New-York tribune., 1918-09-19
News Digest
Foreign

FOrelgn
London Market Dull.-LONDON, Sept.
1S.-M Money was scarcer and in in
creased demand to-day, the authorities
apparently having taken supplies off
the market. On the Stock Exchange
there was small trading, but the tone
was firm. Entente Allied stocks were
maintained, the French, Greek and
Japanese securities bringing the best
prices. Marconi shares were active.
Shipping and Gil stocks were harder,
while mines received better attention.
New-York tribune., 1918-09-19
STOCKHOLDERS. ,,,,,.r,>..-

\, , Notlce IS hereb by given thai the ,-...,,
sgf sMeftng of the stockhoders of THE '.,Usi cn@
PoKAT1oTD 2nCED ,.I, PI,R@0GRfEssnE @ OIL COR
me Company 50 Broad St. Ne,, ,,- v,s 80, ~
FrluSy. i,il ~ November &. 1918 The hools /:
scriniop ser permanently close for sub
tember so. 1918 Books cl@s.G GH9nlA.. ea- sgp-
ana az a,t ii stock Wednesday. October so. lsis
ana ,q9S pqe<open for transfer Friday. ~oTenba,
\. L. FORAN. Secretary, G. r.o.
New-York tribune., 1918-09-19
Money and Credit

The demand for call funds at the
Stock Exchange was comparatively
light yesterday and the needs of the
assistance of the money pool, which
was not drawn upon during the day
Rates were unchanged at to 6E per
cent.
Conditions in the market for fixed
date funds were unchanged No money
is being offered and most time loans
that come due are being paid off Bor-
rowers continue to offer 6 per cent for
loans of all dates on mixed collateral
and OK per cent on industrial COL
lateral.
Ruling rates for money yesterday,
compared with year ago, were as
follows:
Yesterday. Year ago.
Per cent. Per cent.
Call money:
On mixed collateral 6 5l4
On industrial c't'l 6I2
Time money (mixed collateraD
tol&ly QdNS - WC/2
Ninety days ....... S @5I2
Four months ..... I4@5T2
Five to six months. 5 @5R
Commercial Paper.-The demand for
commercial paper is light and the mar
ket remains on a discount basis of
6 per cent for the best regular ma
turtles.
Bank Acceptances-Thi market is
dull Rates yesterday were unchanged
as follows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Per cent.
E ieible
banks. .4A@4 a2s@4Iz 47s@4A
f igible
Der banks.4A @41s 47s@As 1904:
n e Bile
bank bills5A@4 54@4s4 5I4@4s4
FOR delivery within thirty days:
Per cent.
Eligible member banks. AYE
Eligible non-member banks .... Ass
Ineligible bank bills. ........... 8
Discount Rates.--The following table
gives the current rates of the twelve
Federal Reserve banks on commerclal
paper on all periods up to ninety days:
New-York tribune., 1918-09-19
Elections

Philip de Ronde, president OF the
Oriental Navigation Company and d
lieutenant in the navy, has been
elected a director of the Empire Trust
Company.
Stewart Webster. formerly assistant
treasurer of the Ajax Rubber Com
pany, Inc, has been elected treasurer.
succeeding Harold Simpson. resigned.
New-York tribune., 1918-09-19
@
Il
Broad R62

Call this number for the latest
market information - stocks,
bonds and grain. Broad 1862 is
the phone number of Hughes
& DER, SO Broad Street, New
York, members of the Phila-
delphia Stock Exchange and
Chicago Board of Trade. If
this number should be busy
when you call, try Broad
1868 AS - supplementary
numbers. You will find this
market phone service that real
ly serves the investor-giving
him instant touch with the
market trend and the latest
available news of the leading
Railroad, Industrial, Oil and
Mining issues. No obligation
is attached to this service, and
you are cordially invited 10
make use of it.
HUGHES e. DER
New-York tribune., 1918-09-19
Corporate Returns

United National Utilities Coun,
August r1; gross 49,. s1,23o. .s3s Inc s165 sos
H'sh' months gross e.247.7o2 Inc 1oOI 3ao
American Cities COMPANY
Suly Sy gross 1853, ,564 Inc s1o1 an
c Nel earnings 49,. 398, 1881 Dec f0s soao
Sp Surp after chss.. 1885 Dec 191 19'zee zee
WE'VE WE'VE mos gross.17. 1922, ,o20 Inc I 1s5's11
t. Net after taxes 5.eo2669 Dec 9e0' oaa
f'N' ''.''''.'.. ',eo4.632 Dec. 48O,672
Cities Service Companv
august a. gross ..s1 SOS ,o5e In, $500 aoo
Net after taxes -. 1,641,734 Inc ans eea
Twelve mos gross q ,6e1 ,286 Inc 4es, ass e.
n. Net after taxes. .21. .2ae,1eo inc d 4oS1ass
surplus 21. 1875 $40 Inc APO $50
United Light Railways Companv
Twelve months gross 81 1886 s. Sc a21 asIs sso
See earnings ........ 2,so7.o .oo2 2'7o3 ia
surplus earnings ..... 599.o14 so9deo
Cincinnati & Suburban Bell Telephone Con-
Ne, Nee oper, revenue. zo4.Os6 Dec. se's14
New England Power Company
Seven months ended
July 81 gross ....s s1.s2s, $50 s1.454 sao
Net earnings ..... 715,86e go go
oa'' a1ter pref. div 1862 1a8'7s4
East Boston Gas Company
Year ended June 80 gross s4s47s s44s lsla ass
Net earnings "a ooo ~'ro'aoo
-o.a. ..corne 1870. 54.172 63.5e3
New-York tribune., 1918-09-19
Telephone
Hanover 65t4
New York, 101Mc, unchanged: Mexican
dollars, 7Sc, unchanged.

London Money Rates. - LONDON.
sept. lS.-Money was unchanged at 3
per cent Discount rates were: Short
bills and three month bills, 3 1882 per
cent. Gold premium at Lisbon re-
maincd 1870.
New-York tribune., 1918-09-19
DIVIDEND.
THE BARRETT COMPANY a. ~

IT II hAKKETT COMPANY @. ~.
quarterly dividend of sl.75 nar shara
na ia oeeIl IecIared on the Preferred Capital
STOCK OF Inc Barrett Company New lersa'
ana the preferred Stock Subscription Re-
celpts of the American Coal Products Com
crs of record as at the close or hU,t V t,oau
September IS. 1918. Nu'"eSs
ERNEST j. STEER. Treasurer
New-York tribune., 1918-09-19
The New York Central Railra.1 g..

,.a,.,,.,. New York. September Is. 1q1S
Conditioned on the approval of the DiTec-
Tor General of Railroads being given. a M
ust! ust! OF one Dollar and TWenty-five rante
81 :2o( per share. on the Capital STOCK Of
Nl..o,',, MS N,onpany has been declared payabie
November |, 1918. at the office of the 'rraas
urer, TO stockholders of record at the cI"sa
of business October s. 1918 VIC 'iose
MILTON S. BARGER Treasurer
New-York tribune., 1918-09-19
Wealth Markets and Commerce
Relevant Comment
Sumatra Plan DELAYED

Although it has been several weeks
since the American Sumatra Tobacco
Company applied to the Capital Issues
Committee at Washington for permis
sion to carry out it's plan calling for
the payment of 10 per cent common
stock dividend and the issuance of new
stock at par to the extent of 25 per
cent Of the amount outstanding no
word Of approval has yet been re
ccived. According to an official of
the company, however, it makes little
difference whether the plan becomes
effective or not, as "thc company is in
very strong financial position" Since
the rcadjustmcnt scheme was an
rounccd in August, the common stock
has had q spectacular drop. the low
price of 105hs on Tuesday contrasting
with tho high for the year Of 1457s.
A recovery yesterday carried tho
quotation up to 1lll2, with the closing
sale at ll03s, a net gain OF 2M points.
New-York tribune., 1918-09-19

Below is given the current exchange
value Of foreign money IN dollars ana
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune., 1918-09-19
DIVIDEND NOTICES
The Colorado Pow.r G..

Ihe regular quarterly dividend Of onc, ,ho,,
"i O one per cent has been declared nn ~ AZ
-, ,oiiiiinon stock payable October is 1918 'te .e
stockholders of record September 80 'iI5lS IgfS 10
>.o,,. v,.,- A. + WlDLI, Secrefarv
New-York tribune., 1918-09-19
Another Contingent Rail Dividend

Another contingent railroad divideno
was declared yesterday, the usual
quarterly disbursement OF ! per cent
en- the preferred stock of the Kansas
City Southern being payable October
Is to stockholders Of record September
30, "if on or before the date first men
toned there shall have been received
from the United States government a
sum sufficient, in the opinion of tho
president, 70 pay tho same; but if
otherwise the said dividend shall be
payable at a later date if and when
said sum shall be so received"
New-York tribune., 1918-09-19
DIVIDEND NOTICES
TEXAS PACIFIC COAL AND or Co,,
PANN C''

"a Broad Street.
The Board of Djre,,or rp'enoer s l6 1918
regular quarterly dividend OF one and ons' me
naf t; per cent q ~! on the capital stock Of
to stockholders OF record at tho c1osa %,
business September 10. 1918. and VI
n, aIvldend e g, Of I'VE per cent (5as, on the
Der 80, 1918, TO stockholders or record ot ~.
close OF business October l9, 1918 '-0
Inc transfer books will not close
EDGAR l., MAP
New-York tribune., 1918-09-19
Steel Blast Furnace Output Lower

There was slight reduction in the
output IF the Steel Corporations blast
furnaces last week. According to +.
II. Gary, chairman of the finance COM
mittee, thcv are now running at 92.S
yer cent OF capacity, compared with
ol.2 per cent at the close Of the pre-
cedng week. The production of the
ingot mills continues unchanged at 96.4
PER cent. No significance is attached
to the falling eff in blast furnace pro-
duction, it being ascribcd to the usual
variations caused by shutdowns for
REPAIRS etc
New-York tribune., 1918-09-19
Record Equipment Order Pending

According to gossip in railroad
equipment circles the railroad admin
istration Is about to place record
breaking equipment orders. The total
needs for 1913 have been estimated at
10000 engines, and it is expected that
the pending contracts will represent
only a small part of this requirement.
During the summer single order was
placed fer 500 locomotives, the latg-
est thus far