davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02

More careful consideration of what
should be our position in the recon-
struction period following the war is
being given by the financial commu-
nifty. For instance, the Equitable
Trust Company believes that the
first step in the after-war work
should be to teach and induce our
people to export and invest in wealth
producing foreign enterprises their
surplus savings which are not re-
quired by the industrial life of the
United States. "The press, the
financiers, the leading merchants
and the different business organiza-
ton. throughout the. country" it says,
should make concerted effort to
become better acquainted with East
ern Asia, South America and West
ern Europe so as to impart their
newly acquired knowledge to the
American public at large. A popular
understanding Of our overseas neigh
bors will pave the way toward Sc
curing business. We must make an
effort to know them and to be known
by them if we want them to be our
future purveyors and customers" 1t
is added that the educational cam
paign should have as it's ultimate OBJ
ject our becoming the distributing
centre of raw materials attracted to
our shores from the important
sources of supply of the world, as
we'll as our creating friendly markets
of wide absorbing capacity for the
export. of our own manufactured
products and surplus capital.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
Cost of Cement in Argentina

Many 6f the largest buildings re-
Gently erected in Argentina were built
OF reinforced concrete, with columns
and girders. In May this year barrel
OF cement weighing 400 pounds cost
$l4. AS an American company. has
completed a large cement factory in
their country, Argentina expects to get
Portland cement at lower price.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
New Use for Whale Product

Crews at the Norwegian state whal-
ing stations have been ordered to salt
down intestines of all whales taken
this summer, as it is intended to use
them for making gloves. The material
is said to be soft, pliable and excep-
tionally strong. The manufacture Of
gloves, a consular report states, prob
ably will be begun at once.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
FINANCIAL MEETINGS
To the Stockholders OF Nircgraph Corpora.
fiou Xori. Eifx

tIVII, NEW
You are hereby notified that pursuant. "a
a resolution adopted at a meeting Of the
Board OF Directors. held me 23rd dsy
of August, 1913 at 100 Broadway, Borough
OF Manhattan, City and County OF New
York a Special Meeting OF the stockhod.
ers OF the Mrograph Corporation will b.
held on the 23rd day OF September 1913
at 8 o'clock in the afternoon, at the Office
of H. Randolph Guggenherner, 100 Broad.
way, Borough of Manhattan. City and
County of New York. for the purpose Of
voting upon the proposition that the cor.
poration be dissolved
Dated New York, August %. 1918.
II. RANDOLPH GUGGENHEIMER.
Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
telephone
Hanover 6514

ing a rate of AZ per cent. The books
on this latest Offering close on Sep
TENDER 10. Activity in the accept
ance market has been stimulated
somewhat by the plan of the bankers
to develop a broader market for this
form of paper by loaning upon ac-
ceptances on call. 1t yet remains to
be seen what effect this new depart
ure in the money market is to have
upon rates generally.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02

Moderate improvement was re-
fected in the stock market last
week, although action Of the bankers
money committee in warning the
financial community against indulg-
ing in excessive speculation on bor-
rowed funds dampened the ardor of
the traders for a time and induced
some selling. To some extent, there
fore, the statement of the bankers,
while not entirely unexpected, in
view of their recent policy with re-
gard to Wall Street loans, offset the
favorable effects Of the further strik-
ing Allied successes in France. The
general market tone remained quiet
ly strong, however, and there was
continuance of the investment de-
mand for stocks that has been an i'm
portant factor in recent week in re-
ducing the floating supply and MAX
ing the technical position more re-
sponsive to the news from the war
front. Of course the warning of the
bankers committee definitely puts an
end to any hopes that may have been
entertained by the speculative ele-
ment for broad, active speculation
in stocks until the war is over. I'm
less tho cOnmitteo chanpos ire a+ti-
tude, as seems unlikely, in view of
the enormous needs of the govern
ment for money, there is apparently
no more to be expected than an or
derby semi-investment market for
stocks, much the same as has been
experienced of late.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
Consolidated Exchange

UNIT of trade on this exchange. 10 sharssI
Following table gives total transactions for
the week ended August 81. with the high low
and closing prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02

Conditions in the local money mar
ket underwent little change last
week. Apart from the step of the
bankers money committee in warm
ing against excessive speculation in
stocks, developments bearing upon
the money situation were relatively
unimportant. The outstanding fact
is that there is a sufficient volume of
funds available for government pur-
poses but no surplus. All funds are
arbitrarily upon basis of to 61a
per cent and the offerings of the
banks of both call and time funds
continue much restricted. During
the week Secretary Of the Treasury
McAdoo offered for subscription an
other block Of $5O0,0O0,000 of Treas
ury certificates of indebtedness bear
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02
Wealth Markets and Commerce
Market Barometers
Stock Exchange Transactions

Stocks
Rail Other All
stocks. stocks. stocks.
Last WIKI. $4,000 1,654,200 1889, 100
Week Def. 286,700 100000 $4,000
Year ago. 26s,200 2,4o9,4oo 2,677,6oo
January to date:
1913. 11,642,ooo 7seo3, 800 eo,245, 300
1917. 1871, 100 112,2o3, 400 126,05o,5 500
1916. 18,4o7, 800 9o,522, 100 1o8929, 400
Bonds
Week Year
Last week. before. before
U.Sgov.$26,8 800, 900 $34,205, 900 $4664, 900
Railr'ds 2,710,000 100000 1885, 900
Others. 11,817,o00 100000 $780,, 900
All KIDS 41,347,o0o 1910, 900 1851, 900
January to date:
u s. gov... $685. l rs, 600 sss 1925 600
Railroads %. 93,784,00O 144,816,000
Others ..... 245,344o0o 1857, 900
All bonds. 1,o45, 231 900 5s6,7e3,ooo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-09-02

Probably the outstanding feature
of the general bond market has again
been the continued strength and ac-
tivity of the foreign government is
sues. This group, under the stimulus
of the news from France, has made
further improvement. The buying
of these foreign issues reflects in
vestment purchases in large volume,
much of which is said to be absorb
ton of the best character. Of
course back of all the buying Of the
Allied bonds is the growing convic-
ton that the Allied armies are at
last on the road to victory. Listed
railroad bonds have been quiet, owing
to the delay in the closing of the
railroad contract. In the market
for short term railroad, industrial
and public utility securities there
has been considerable activity and a
general tone of strength. AS indica-
tive of the present state of the in
vestment market, it is worth noting
that an issue Of $15,00O,O00 Lehigh
Valley Railroad per cent collateral
bonds, offered on a 6.35 per cent
basis, were sold by the bankers with
in an hour after the books had been
opened and subscriptions approx
mated $50,000,o0O. The success of
this bit Of financing makes it certain
that other corporations with good
credit will probably borrow in the
open market before long, although it
is likely that number of such oper-
ations which are now up for consid-
Grafton. will be put over until after
the Fourth Liberty Loan campaign,
which starts the last week of this
month.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04
chartered allied or neutral vessels.

chartered allied or neutral vessels.
Cargo Carriers Run on Schedule.
The fleet which is now under the
control of the Shipping Board num-
berS l 800 vessels. Over them is eX-
ercised an authority absolute as
that which controls the movement
of navy ships. The business of
handling these ships efficiently and
of having them where they should
be, and at the time when they
should be there. is a big undertake
ing. But it is being successfully ac-
complished and our cargo carriers
now run on schedule almost as
definite as that of ocean liners be-
fore the war came to interrupt.
Months ago Chairman Hurley saw
the urgent necessity Of a body of
expert sea strateglsts to administer
ouI merchant ships efficiently. The
result of that decision was the crea-
ton. Jointly by the United States
Shipping Board and the Secretary
of War. of the Shipping Control
Committee. SO this Committee
came forthwith into dynamic real
ity. to become at once the biggest
ship operator in the world
In previous wars military and
naval strategists were thought the
only necessary kinds. But this great
world war has brought forth new,
distinctive kind of strategy to col
labOrate with the other two. In
fact, were this modern strategy
lacking. military and naval strategy
would be deprived of one great
backing force Indispensable to vic
tory.
OF war colleges and general STATS
much has been heard. But of Amer
ica's commercial strategistS of the
seas little or nothing has been said
Even if the name under which they
Operate-the Shipping Control Com
mittee of the United States Ship
ping Boards mentioned. ii has so
technical a sound that il conveys no
popular meaning of the far-reacliing
results they are contributing to the
wars success by their deXirouS han
ding of the huge merchant fleets
under the American flag.
Able Men Direct Ships Movements.
AT the head Of this committee is
r. A. S. Franklin, President of the
International Mercantile Marine.
Associated with him are two other
experts, H. II. Raymond, president
of the Clyde and Mallory steamship
lines, and Sir Connap Guthrie. spe-
cial representative of the British
Ministry of Shipping in the United
'tateS.
This committee has a corps Of as
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

sistants, experts who are familiar
with the ocean trade routes OF the
world, and now for the first time in
the history of navigation the whole
of the terraqueous globe is being
used as a cheSsboard.
Charts prepared by another i'm
portant bureau, that of the Division
of Planning and Statistics, presided
over by Dean +. F. Gay, serve to
guide the Shipping Control Commit
tee in the assignment and direction
of ships in the various trades listed
as essential, and in which the re-
Quirements have been definitely
fixed by the War Industries Board.
If the charts show, for example,
that the country is ahead on certain
imports, like sugar or bananas or
cocoa. the Shipping Control Com
mittee can perceive those facts in
a few moments and with equal &C.
lerity know how much tonnage ii
may take from those trades tenn
porarily and put to work bringing
in other essential commodities in
which the movement may be behind
the schedule of requirements. BY
juNtapOsitiOn of r eq u i e m e n S
against deliveries the charts also
show the Shipping Control Commit
tee when any vessels may be spared
from this or that commercial trade
and released to the army. ...r
There are IS trade regions on the
Shipping Boards trade map of the
world. A special staff of expert
economists in the Shipping Board
cC-ortlinateS with the War Indus
tries and War Trade Boards, the
Department of Commerce. the State
Department and other branches OF
the government-and through them
with foreign governnents-in as
pertaining and analysing eXhaus-
lively the shipping needs. past,
present and prospective, for these
trade regions.
So. now it becomes possible to
determine with approximate pre-.
cision the future tonnage require
ments, for specific example, of the
South American trade. That rich
continent, all authorities are
agreed, will, after the war. inspire
the greatest of all commercial COM
petitions among the nations requir-
ing her Indispensable raw materials
and her market for their surplus
products. The Shipping Board.
charged with the duty not only OF
developing the greatest manufac-
turing industry In the world, but
handling it's product. is adequately
informed at the present moment
how to estimate the prospective
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

ly three times rs much as in 1874.
OF the more than six billions dol
lars worth of products exported
from this country last year. 81, 3O0,-
100000 were fodstuffs and food ami
mails. Furthermore. our exports of
foods TO Europe are all the greater
because of the saving in consump-
ton of various foods the American
people have been making.
Although our exports may Occa.
siOnally decline, still on the whole
there is every probability of their
increasing. Not only during the
war but after the war. Large areas
of Europe are depopulated and dew
astated Much Of the rich wheat
growing sections. including almost
all of the winter-wheat producing
areas of Russia. are in the Ger
mans possession. Conditions in
Russia are chaotic The western
European Allies produced in 1917
about 222 0OOOIO bushels less than
the annual pre-war average. There
was a great drop also in the wheat
production of other European coun-
tries. Argentina Australia and In
dia are producing good crops. But
there is no shipping to move it
properly. Being thousands of miles
nearer the scene, the United States
is the one country looked upon for
Succor.
While the war is on there is
big enough demand from our Allies
in Europe for material of all kinds.
We have TO supply coal, steel. oil.
cotton, lumber, rails, locomotives
and great quantity of other prod
uctS. After the war when the job
of rehabilitating Europe is put
through, the demand upon this
country for raw and manufactured
material of all kinds will he enor-
nous. We shall also have to re-
plenish the depleted herds of Eu-
rope from our own cattle.
So it is clear that besides the mil
lions of tons of shipping urgently
needed for the army and navy, we
shall need great permanent mer-
chant marine. In 1914 only $780,
600, 900 of the more than S2.o00.OOO,-
600 of our exports was carried in
American vessels. Even now a great
part of the cargo and passenger
ships we are using are seized
enemy vessels or requisitiOned oi
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

more than million and half dead
weight tons, of the seagoing type.
which Is nearly three times as much
as we had constructed during the
three preceding years. To illustrate
the progressively increasing speed
it is shown that, while February's
launchings exceeded January's by
only $1,000 tons, July's exceeded
June's by 34S.622 tons, the July
launchings being 1914 tons.
In July alone we built AS, 244
more tons than were constructed
during the entire year ending In
July. 1915. During the first seven
months of this year we delivered
S40.SS6 more tons of shipping than
WAS built in American shipyards in
the years 1915 and 1916.
Coon to Launch a Ship a Day.
So much for accomplishment and
its augury for rapidly increasing
production as the yards get into
their full stride In one yard alone,
the Hog Island, from which the first
launching was made on August 5,
there will be. when the yard is run
ming at its full capacity, fifty YES
sells under constr uctiOn at one time,
with twenty eight more in process
OF completion alongside its $4,000
feet of Quitting docks. In a short
time this yard will be launching a
ship every day.
The United States is not only
now building more ships than any
other country in the wOrId-for
that matter more than all the other
countries of the world put together
but building them faster than the
most visionary theorist conceived
year ago to he possible. The $500
ton collier TuckahOe was complet-
ed in precisely 81 days. In pre-war
days the contract for he conStruc-
ton of vessel of this size would
have specified not less than q year.
The other day the Great Lakes En-
gineering Works at Ecorse. Michi-
gan. launched Il $500 ton freigliter
in only IA working days from date
Of keel laying. And out on the Pa
cific Coast the 1900 ton Invincible
was launched at the Bethlehem
Union plant in only "a working
days after keel laying.
Naturally the first need of ships
lie 70 Of tl L.
beyond that Chairman Hurley says:
If 2o.0O0,oOO tons Of American
shipping can be kept busy in our
own export and import trade, then
the development of delivery serv-
ice for other countries will keep
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

+ From Maine to Florida, from -,
+ the Great Lakes to the Gulf, :
4 from California to Washing :
4 ton, they are sliding down the :
4 ways, the vessels of this great j.,
4 new merchant marine upon :
r whose construction nearly a
r half million shipbuiIders are
+ toiiins, artisans who are not
4 only giving their skill, but in
4 many plants are devoting
+ their unremunerated holidays
4 to the task Of getting afloat
4 the largest number Of ships :
4 in the shortest time.
+ They know the need Of haste.
r Urged on by Chairman Hur- :
r ley Of the Shipping Roa-d :
+ and his strong arm, Charles :
4 M. Sehwab. Director General ,
4 Of the Emergency Fleet Cor ,
+ poration, they know that ,
4 ships mean fighting power; ,
+ they know that the Allies are =,
4 drawing their strength from ,
4 the sea, that in the last anaIy- ,
4 sis the military problem is a ,
4 tonnage problem, that for US ,
4 and our Allies the war now is ,
+ first. last and all the time a !
Z question Of ships, and yet =,
+ more ships. ,
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

1t was not until we were well into
the war that we awoke to the fact
ships. And ii was only a year and
a month ago that the present Ship
ping Board was formed. At that
time there was not a shipyard in
which the newly constituted body
could place an order. Today Chair
man Hurley counts 162 yards with
S2S ways engaged in turning out
ships for the needs of war, and
with an unusual vision that looks
far into the future he is also max
ing provision for the needs of peace
when this war is done.
Fleet Will Win War.
This broad view con,emplates a
program which will carry all of our
armies to the battle lines, keep
them supplied with food and NUM-
iions until the war is won, bring
back our victorious legiOns ami then
rnrry our exports to the markers OF
the world and bring in the imports
We need in a word, this new fleet
we are building will insure the WIN
ning Of the war and will then tgain
for us OuN long lost place upon the
SEA.
TO show how far we have pro-
crossed from that August of a year
reo. when save for the vessels thai
we're being built for The navy AMI
ainder foreign contract our ship con-
:iruciion was practically al Il stand
.'!i;. Il need only be said that since
.ac:i we have completed and put
lao service 252 ships, aggregating
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04

o',ooosopc " cc,oob,ooo tobS VI
American shipping employed. That
is the tonnage which estimate will
be needed by the United States aft
err the war"
The surplus output Of the Ameri-
can shipbuilding industry will be
for export, like automobiles. sewing
machines and agricultural nipple
ments and other important manu-
features.
Use For Ships After War.
A comprehensive study of ocean
commerce and its requirements has
been under way for several months
by the Shipping Board, and already
many plans have been formulated
by Chairman Hurley and his assoc
ciates for placing in post war
trades American made ships where
they may most effectively serve
this country and the rest of the
world 1t is taken for granted that
no matter how many ships may he
built the transpOrtatiOnal facilities
on the seas, like those on land, will
always be taxed TO full capacity
Chairman Hurley'S estimates of
the ship tonnage that will be re-
quired after the war by the foreign
and domestic commerce of the
United States have been calculated
with thoroughness approximating
the precise computations given to
the ship requirements for the mill
tary line of supplies to France. The
studies undertaken to ascertain the
estimates cover, perhaps for the
first time-certainly for the first
time in American maritime history
in scientific relation to cargo
space and actual ship performances
the great trades of the world down
to the last detail. The Shipping
Board has set out not only to pro-
vide ships for the war-and after
but to inform itself accurately and
fully about the uses of and for
them.
The United States is now the
great reservoir from which supplies
must be drawn. The enormous gain
in our exports show how other na-
= tons are increasingly looking to
us to sustain them. In 1914 we
exported about $2,500,00O worth
of products. Last year our exports
amounted to $6,23l 900, 600 or near.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-09-04
BUILDING Of OUR
MERCHANT MARINE
A WONDER TALE
America Aroused to the
Fact That the War First,
Last and All the Time,
Is a Question Of Ships
and Yet More Ships.
NOW GOING OVERHEARD
AT UNPRECEDENTED RATE

problem Of Hurley and Schwab Is
to Garry Our Armies to the Battle
Lines, Keep Them Supplied With
Food and Munitions, to Bring
Back Our Victorious Ceqions Aft.
CIR the War and Then Carry Our
Exports to the Markets Of the
World and Bring in the Imports
We Need.
The Greeneville daily sun. (Greeneville, Tenn.) 1918-1920, 1918-03-30
BIRTHDAY ANNIVERSARY

Little Miss Mary Cox entertained
number of her little friends on Fri
day afternoon at her home on High
land avenue, with her tenth birthday
anniversary. The following were
present: Mary Royce, Elizabeth and
Anna May Biddle, Florence and Char
lotte Lancaster, Fuschia Shines, Lou
Use Williams, Mary Ruth Hawkins,
Florence, Louise and Lucy May Bull
len, Dorothy Mason, Julia Wilson,
Estelle Holland, Charlotte Kennon,
Ruth Denton, Lois Lcvette, Gladys
Reaves, Helen Mcdonald, Jennie Mae
Bullen, Mary Alice Fennell, Margar-
ct Roberts, Ruth Borden, Florence
Lee Miller, Leona Seatell and Daisy
Lyon.
Dainty refreshments were served.
Mrs. Cox was assisted in entertaining
the little folks by Misses Carrie Lyon
and Henrietta Bradford.
The Greeneville daily sun. (Greeneville, Tenn.) 1918-1920, 1918-03-30

When you see woman wearing a
dress that fits her like her epidermis,
it is sign that she hasn't any pick
coming on the figure that nature gave
her.
Every man in the world is generous
to a fault. But you can make good
bet that it is one of his own faults.
1t doesn't take much to convince a
wife. But it takes more than her
husband has to keep her convinced.
Even when "a man minds his own
business he is apt to discover that his
neighbors are doing it for him.
Husbands and babies get a lot of
nursing and petting when they are
brand new.
The Greeneville daily sun. (Greeneville, Tenn.) 1918-1920, 1918-03-30
WE THANK you.


The Greeneville Sun has decided
to be a sure enough sun; that is, il
will shine daily instead Of but once a
week. 1t is on trial for month and
will then decide if it's there to stay.
The initial number has been receiv-
ed and. for an infant, it makes very
ereditable appearance. 1t is a six
column, four-page paper, and gets
United Press dispatches. Here's long
life and prosperity to you, Brother
Lyon.-Knoxville Journal & Tribune