davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-11-23
$68, 8,273,372 Claim Allowed
Rock Island Deficiency Judg-
ment With Interest

Judge Walter C. Noyes, who since
January 18. 1915, has been receiver
of the old Chicago, Rock Island e.
Pacific Railroad in the litigation in
stituted by the Central Trust Com
pany, as trustee. yesterday filed in the
Federal District Court his final ad-
ministration account, showing that he
has a balance of s51,7S3 available for
distribution to creditors. Approving
of the final accounting, Judge julius
NJ. Mayer discharged the receiver from
further service after he pays certain
small claims and turns over SAT 900 to
the Central Union Trust Company as
dividend money.
Judge Mayors order allows the
claim Of the Central Union Trust Com
pany of $6S,372, asked on deficiency
Judgment, with interest from January
IS, 1915.
New-York tribune., 1918-11-23
Bankers May Bid
For German Owned
American Securities
Proposed Sale Of Agricult-
ural Co. Shares Reveals
Extensive Plans

Important financial syndicates are
preparing to bid for German owned Sc
curities Of American corporations taken
over by A. Mitchell Palmer, Enemy
Alien Property Custodian, This was
learned yesterday, following the an
nounccment of Mr.. Palmer that on Jan
uary II he will auction of on the floor
of the Stock Exchange 19,443 shares of
the common stock and 27,943 preferred
shares of the international Agricultural
Corporation.
From the standpoint of the security
market the decision of Wall Streets
leading fnanciers to acquire large
blocks of cnemy-owned stocks and
bonds, it is believed, will prove to be
an important factor in maintaining
values. Yesterdays weakness in the
stock market was attributed by traders
to the fear that these securities might
be thrown on the market indiscriml-
nately IN the event that there were no
ing auction sales.
The immediate effect of the Enemy
Alien Property Custodians announce
ment was a severe decline in both the
preferred and common stocks of the In
ternat:onal Agricultural Corporation.
The preferred closed at As, with a net
loss of II y points, while the common
sold down to 1Oh, off Is points.
This company was incorporated in
June, 1909. A large amount Of its Sc
curties were sold by White. Weld &,
Co., which has close connections with
J. T. Morgan & Co. In view of the in
terest these firms had in the formation
Of the company it is expected that they
will head any syndicate that may be
formed to acquire the |. a. C.'s Ger
man owned stock. This stock went into
the hands of German interests through
an exchange for valuable potash de-
posts at Sollstedt, Germany. The
value Of those properties, because o.
the war, is now unknown
John j. Watson, vice president and
! treasurer of the American company,
said last night at the Plaza that he did
not anticipate that the German owned
stock would be sold in small blocks. He
expressed the opinion that an impor-
tant banking syndicate would acquire
the entire amount, and therefore keep
it off the market.
New-York tribune., 1918-11-23
Silver for India
5O,O0O,OOO of Melted Coin
age Shipped

WASHINGTON, Nov. 21.-Morc than
l50,000,000 silver dollars have been
taken from the Treasury vaults in the
last few months and melted into bull
ION for export to India and other Ori-
entaI countries, where large quantities
Of 81 yer for snail coins were needed
to pa soldiers and for trade A Treas
ury re Nort to-day showed that the fund
of 49t 100000 silver dollars in the
vaults six months ago has shrunk to
1893. 1863 600. AS fast as the dollars
were melted down silver certificates
based on the coin were withdrawn from
circulation. and their place has been
taken largely by new 81 and So Federal
Reserve notes, the only strictly war
time currency Of the nation. In the
Last month the melting has gone on at
the rate of s4,00000D a week.
The silver has been shipped across
the continent 20 Pacific ports secretly
from time 10 time in heavily guarded
express trains.
New-York tribune., 1918-11-23
railroads loosened from their present

railroads lOOSeneQ from tnelE pTeSeuI
entanglements.
Comprehensive plans for strict gov
ernmental regulation, which shall in
clude supervision of security issues,
must be studied; they are to be de-
cided upon by the Congress, and should
be worked out coincidently with the op
Grafton of the railroads ty the govern
ment with the fixed purpose and to the
end the Congress intended, that they
shall be returned as it prescribed; not
that they shall be conducted 80 as to
add , their financial obligations such
sums-in many cases against the pro-
test of their corporate Inanagements-
as the railroads will be unable to re-
pay.
Plans for Return
"The association will have some sug-
gestions to offer in relation to plans
for their return which must give equal
protection to the shippers, to labor and
to the owners of railroad securities.
With th;s in view the association has
named as advisory counsel and has
added to the general counsel the we'll
known lawyers mentioned.
"The questions involved arc now at
issue: They are Of great magnitude
and farreaching in result, not only in
respect to the railroads, but also as re-
CARDS all industrial and business life.
This association will ask for an early
decision as to the status Of the rail
roads, securities of which it represents
to the extent Of nearly S5,000,00 900.
New-York tribune., 1918-11-23
Com mo dities
| n d u S ial
Cotton

A further advance in the cotton mar
ket met increased realizing and was
followed by sharp reactions in the late
trading yesterday With the close easy
at net decline of 20 to so points. Jan
uary contracts sold as high as 2S74, or
40 points above Thursdays close and
234 points above the low level Of last
Tuesday morning, but broke to 2S.05
and closed at the low point of the day.
A few Southern orders had reached
here overnight. but after opening
points higher to IL points lower the
market quickly rose on covering, and e
further broadening of outside demand
encouraged by reiterated reports of i'm
proving export prospects and cold
wave in the Southwest. After showing
net gains of to 81 points prices re-
acted slightly. then frmed up again on
more active trade demand, reaching
the highest levels of the day early in
the afternoon. The later break was
rather rapid, although there was no ap-
parent change in the general character
of the news.
1t was considered rather late in the
season for the reports of cold weather
in the Southwest to create much senti-
ment, and the talk of increasing ex-
ports, combined with the absence of
pressure from the South, was consid-
cred the chief factor on the early ad-
vance. There was a report that the
prospects for foreign competition were
causing uneasiness among domestic
spinners and that more inquiry was
being received from that quarter Re-
ports also indicated that Southern ship
pers had been in the local spot market
for small lots of spot cotton in order to
make quick export shipments. These
were colored by the advance Of 80
points in the local spot market, not
withs standing the decline in futures, but
after the advance of nearly half q cent
from last nights closing figures de-
mand was light, and the market yielded
readily to realizing. Exports for the
day were 13,O26 bales, making 1,135,5I7
so far this season, against 1,6008S5 last
year. Southern spot markets as Off
cially reported were unchanged to SO
points higher, most of them being un-
changed.
The local market for spot cotton WIS
quiet and 80 points higher at 30.5O for
middling upland, compared with 1920
the day before and 30.05 the year be-
tore. There were no sales of spot
Inc range of prices follows:
New-York tribune., 1918-11-23

DIVIDEND NOTICES
SOUTH PORTO RICO SUGAR CO;

November -V@'. -r.-e
The Board of Directors Of South I'd 10
Rico Sugar Company has this day afc.'. :,
the regular quarterly dividend OF ~ ~ -.
preferred stock, payable in cash al .v lnr
of Messrs. William Schau Cohipsnn...
William Street. New York City. on De:se DE-: =
her 81. 1918. TO stockholders Of rsco''
December IA 1918. Iii,
The board has also declared The Insrso. I'm
quarterly dividend of Sc on the ..ssi;,ssisn1
stock of the company, payable II ,s-so,ssrs
scrip" on December 81 1918. TO stoci1n0@,,,gg s',g
OF record on December II. lslS' susn susn.css.
20 be dated December 81. 1918. 70 e - - Il
on December 81. 1871. 70 bear inleiett l'es.-t-ta
the rate OF re per annum. payaoe go go o.
nually. and to be subject to rcfeinpsss.- a.
any interest day Such scrip VII N
tributed to the common stock noiuS ~ ps.
Messrs. William Schau & Company -
cember 81, 1915 ,srs
New-York tribune., 1918-11-23
Financial Aid to Mexico?

In commenting yesterday on reports
bankers to studJ the question of max
ing d loan to Mexico. bankers declared
that no plan of financial aid to the
republic to the south was imminent.
They pointed out that such a financial
arrangement would be dependent
largely on the nations political rela-
tions with the Carranzista government
In some quarters it was said that
without kind of guarantee from the
American government it would be next
to impossible to float Mexican gov
ernment issue in this market at this
New-York tribune., 1918-11-23
Agree on Express Revenue.

WASHINGTON, Nov. 22.-Tbe an..
lean Railway Express Companv ',el; an;
Director General McAdoo, it WAS enu an
nounced to-day, lave concluded an. an,
agreement by which the express cow lew
pany, now under management Of IN ,h.
railroad administration, will raco;us ;ns
49A per cent of all express operst;.e stne e
revenues and the railroads 5OA mug nss
cent. This is the same pronortie pse
as under the old contract. p.,va personnn,
and methods of mare cement will ',,,l r
main the same ~
New-York tribune., 1918-11-23
Dividends
Extras

Lawrence Manufacturing Company
An extra dividend of per cent has
been declared in addition to the req
ular semi annual dividend of 3 per cent,
both payable December 2 to stock
holders of record November 21.
General Chemical Company.-An ex-
ira dividend of 215 per cent on the
common stock has been declared, pay
able February ! to stockholders of
record December 81. The regular quar-
terly dividend of / u per cent on the
preferred stock was also declared. nav
able January , to stockholders of
record December 18.
Regular Declarations
New-York tribune., 1918-11-23
nuREx CHEMICAL CORPORATION.

EtTst SIX feT tent -tottS.
Sealed proposals viii be received az W.
office of TIE Farmers Loan and llIs-
Company. 1922 William Street, New lo,A'
y. Y, for the sale to the Sinking tahs &
established by the Trust Indenture OF tu'
purex Chemical Corporation dated Notet..
her Is, 1916, at not exceeding 1853 OF ~
face value and accrued interest Of sun
cient number CT notes issued pursuant y !,
said indenture to invest the sum %
3l7,s69.s6. The right is reserved 10 r
ject any and all bios.
Offers Of bids should be presented osIo'' so,1
II NJ. on the 9th day Of December. sa'. W.,
and should he enclosed in a sealed wr~pp"
directed as follows: -.
Proposals to the Sinking Fund Of ~
Durex Chemical Corporation. The Farm FARM,
Loan and Trust Company. i6--2 N'l--A~
Street, New York, y. Y" ,,-sr
COMPANY Trustee.
BY EDWIN S MARSTON. Presidep-
New York, Novern Der 20. 1915.
New-York tribune., 1918-11-23
Ruling on Hog "Throw Outs

WASHINGTON, Nov. %. --- All hogs
weighing under 15o pounds were includ-
ed in "throw outs" from packers droves
by an order to-day of the food admin
istration. This action is designed to
keep from the market hogs considered
too light for export trade meat. and
also to maintain the present price of
heavier than "throw outs" at $3.50 a
hundred pounds. This programme will
be continued until December 3. when n
meeting will be held with the packers
and hog producers in Chicago for fur
ther action.
New-York tribune., 1918-11-23

The above rates express the cost of
foreign money in terms OF the Amer
lean dollar. You buy an English pound
sterling, say, at s4.7595. The intrinsic
parity is $4.86A 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 this coun-
try for pounds with which to settle ac-
counts in England.
New-York tribune., 1918-11-23
Butter, Cheese and Eggs

Butter.-Receipts yesterday were
5,39S packages. Creamery, higher than
extras, lb, 65l5 d66c; extras. 92 score,
Csc; tirsts, S8 to 81 score, SO \ 0l64 1sc:
seconds, SO 20 81 score, 5512 a soc;
lower grades, 52M55c: unsalted, higher
than extras. 671s q Csc; extras, 66}a "a
SIC; frsts. 81 Il a 65 1ac; seconds, 57M
Gle; state dairy tubs, finest, 64@l64 Nc;
good to prime, 59d63c; common to
fair, 48@ SIC; renovated, extras, 500
Sic; firsts, 47M48c; lower grades,
42M46c; imitation creamery, frsts,
44M45c; ladies, current make, firsts,
40a 041 &c; seconds, 39M391zc; lower
grades, 37@38hc; packing stock, cur
rent make, No. l, 3812M39 No. 2,
37h @3Sc; lower grades, 35@37c.
Cheese. Receipts yesterday, 1,019
boxes. State, whole milk, fresh flats,
specials, colored, lb, 34@34Ac; white,
34@ "a &c; average run, colored, 800
33 he: white, 33@3S1ac; lower grades,
average run, 32@33c; lower grades,
30@32hc; fats, held, specials. 32hM
33 hc; average run, 31@32c; twins,
held, specials, 32h@33Ac; average
run, 31G)32c; lower grades, 26(d3O%c;
single daisies, held, 32034c; fresh. 35d)
36c; double daisies, held, 32(G33hc:
Young Americas, fresh, 37@3Sc; state.
skins, specials, 2514@26c; prime to
choice, 25G25c; fair to good, goa 22c;
lower grades, l0G18c.
Esgs.-Receipts yesterday, 6,21s
packages. Fresh gathered extras. per
dozen, 71M72c; extra firsts. 69@70c:
f1rsts. 65@68c; seconds, 60@64c; un-
der grades, 52@ 56c; dirties, No. 1.
4s@249c; No. and poorer, 43@47c;
checks, good TO choice, dry, 43@44c;
undo, grades. 38@42c; refrieerator.
41@o1c; state, Pennsylvania and near
by Western, hennery whites, fine to
fancy, 90M94c; ordinary to prime.
70@SSc; gathered whites, ordinary to
fine, 70G90c; Pacific Coast whites.
finest, 88c; Western and Southern
gathered whites, 68@S5c; state, Penn
sylvania and nearby, hennery browns.
76@soc; gathered brown and mixed
colors, 62G72c.
New-York tribune., 1918-11-23
GREENE CANANEA COPPER o.

~ Broadway. New Iorh' ~ .-ss,s
The Board of Directors OF tne tnes,srrd .
Cananea Copper Company has as.." g. ICsr
dividend of s2 90 per share uPorn, IA IA 40 g.
tai Stock Of the par value OF 'ssts. 70
share. payable on November %, AZ re
the holders Of such shares OF recCra . i,
close OF business at 500 ocioSki oSki.,inena n i,
Friday. November S. 1918, The hsr+s a.sy+ l1,e'
payable only upon the sloo.oo ,'s.lssS shsS Al
stoeRhodsrs Waf s % ~ho have not converted rsa. as
holdings into shares of $4,000 pa, par .s.,
should do so without delay IN o.,rrorrrtly.
they may receive their DIVIDEND pc,assd
The transfer books Will not Tv vsssurs,
j. ". ALLEN. TrsA''
New York, October 81. ialS ->
New-York tribune., 1918-11-23
Suspcrds Stock Dividends

Directors of the General Chemical
Company at meeting yesterday voted
to suspend the practice of declaring
stock dividends, in view of the "pres-
ent construction of the Federal in
come tax law" A year ago at this
time an extra stock dividend of ) per
cent was declared, in addition to a
cash distribution Of 212 per cent. At
yesterdays meeting, only an extra divi-
dend of 21a per cent in cash, payable
FehraurY l. WAS announced
New-York tribune., 1918-11-23
Mr.. Chalmers Optimistic

Like Mr.. Willys, of the WHY'S Over
land Company, Hugh Chalmers, chair
man of the War Service Committee Of
the automobile industry, believes that
the motor car trade will be one of the
first of Americas industries to get
back on its feet. The transition of the
industry from war to peace basis
in his opinion will be effected so as
to cause the least disturbance to the
companies and their emploYes.
New-York tribune., 1918-11-23

NOTICE IS HEREBY GIVEN THAT THE
undersigned as auctioneers will, on the
18th day of December, 1918. a; 1890 clock
in the afternoon, at the Exchange Sales
room, Nos l4-16 Nesey Street in the Bor-
ough of Manhattan of the City of New
York. offer for sale al public auction to the
highest bidder for the account Of whom
concerned eighty-three thousand and
twenty-five (S3.022) shares of the s5ocks
Revenue Consolidated Gold Mines, Inc. tot
the State OF Montana).
And that at the same time and place we
will also separately offer for public sale 70
the highest bidder any and ali right ute
and interest of the pledge in ana 70
twenty three thousa nd three hundred and
thirty-three (23.333) additional shares of
the stock of said company he'd by re
pledgee as collateral security for one-thbd
OF loan of S17,50o made by the pledge
and others TO said company. Both of suc'
sales so to be made are TO be without r.
course in any event
Dated New York, November 20. 1915
ADRIAN n. MULLER & SON
Auctionears
New-York tribune., 1918-11-23

passed the quarterly dividend due at
this time ain view of the abnormal
conditions" it was said the directors
had deemed it wise to conserve cash.
This company, which is generally
credited with being Standard Oil
proposition, has been paying dividends
at the rate of So a share and SO cents
extra since September, 1917.
New-York tribune., 1918-11-23
The Dollar IN Foreign Exchange

Changes in rates on foreign coun-
tries were insignificant Because of
the delay in transmitting cables, buyers
of exchange are loath to take cables
until service is improved. Sterling en-
change was shade easier, and francs
a trihe frmer- Neutral exchanges were
steady
Closing rates yesterday, compared
with week ago, follow:
Quoted dollars to the pound)
New-York tribune., 1918-11-23
Livestock, Meats, Prou;s;

those Of year ago compared with
Live steeSs fair tn a year ase
prime 700 ID. si275 @sl7.5o CON
Dressed beef. sides ~''VV @Si38a
ID. .....-...... .iS a oe =.
Live yeals. common 40 g .2i
to prime, 100 70. 1900 % 2ann tn,
Dressed veais. city. ''''' 9 '6.es
lb. -; 30 a .ss IA
I've I've nweS ewes. 100 b. $50 1900 zoo n q
prime 100 ID ,4.oo @ 1900 ss
Dressed lambs city. 80 @ .is
lb .o,..,...... .23 q .7 ia
Dressed hogs. os- "'V" g -
con. ID. ;;.... -.247s@ 2s's .2u-a
Mess pors bo, $3.50 q $3.50 5000 '%s
Lard. Middle West. "0 " Doa
lb. ...-.....-. $3.50 @ 27.o5e 2saos a ,...
New-York tribune., 1918-11-23

Southern spot markets follow:
Galveston steady, unchanged at 1880;
sales, 862 bales. New Orleans steady
unchanged at 29.75; sales, 1,O19 bales
Mobile firm, 3S points higher at 1885,
sales, 3l5 bales. Savannah nominal.
unchanged ut 2o50; sales, III bales.
Norfolk steady, SO points higher at
2s.3s; sales. 753 bales. Augusta quiet
26 points higher at 28.SS, sales. 57o
bales. Memphis steady, unchanged At
30c; sales. $500 bales Houston
steady, unchanged al $3.50; sales.
New-York tribune., 1918-11-23
Prohibition and Lower Prices

The signing by President Wilson
of the "bone dry" bill was regarded
in grain circles as bearish factor.
New-York tribune., 1918-11-23

Liverpool Cables.-Spot cotton dull;
mlddling, % points higher at 2O6Od;
good middling, 27 points higher at
2o.22d. Sales 1000, all American. I'M
ports, 5000; American, 1000 Futures
opened quiet but steady at an advance
CT 70 to "a points; closed steady, at
net advance of 5S to SO points. No
vem5er 2l.20; December, 2O.4s; Jan
uary, 1851; February, 1894; March,
1885.
anchester-Yarns dull; cloths buy
crs hold off
New-York tribune., 1918-11-23
GA

being permitted. The trade feels 49,.
hopeful, however, that some ,sSsIer iSsstner
tons will be made in present Iuallca- aeca-
ment regulations. govern
New-York tribune., 1918-11-23
News Digest
New York

Mother Lode Enjoined- Word reache d
the financial district yesterday that the
supreme Court at Seattle, Wash, had
granted an injunction restraining the
Mother Lode Copper Mining Company
from consummating the sale of its
properties to the Mother Lode Coali-
tlon Mines Company. The request for
an injunction was made by minority
stockholder. The injunction also re-
strains the kennccott Copper Corpora
ton from proceeding with any further
development of Mother Lode proper
ties.
New-York tribune., 1918-11-23
American Telephone & 1eIsgrapa'@ :

A Dividend OF Two Dollars pc, 1918. y
oe paid on Wednesday. January - ~ AZ bIs'
stockholders of record at the ass crv
"''''' va '' q. n. MILNE, TrcsSa>'s
New-York tribune., 1918-11-23

Rumor having reported a state
,uent of one of the largest copper
producers that he would willingly
mart with his entire output for 1919
on a basis of 22 cents, Wall Street
PROMPTLY busted itself with calcula-
tions of the heavy cut this would
produce in copper earnings; and
proceeded to sell copper stocks.
There are few who have expected
that the enormous earnings OF the
war period would be continued.
Rising wages and costs would auto
matically reduce them. SO would
the extent of the demand. In the
case of copper, as of cotton, the
question as to whether Germany
will be, or will be allowed to be,
large buyer, will be dominating
factor. Its needs are very great.
Before the war in these two indus
tries Germany was the second
among foreign consumers.
For the first nine months of the
wear railway revenues Increased,
wholly by reason of the higher
rates, more than S5OO,OOO,00O,
= but the net declined over $780,
100000. For September, the ninth
month of government admlnlstra-
ton, the gross revenue increased
more than one-third, but the net
practically nothing at all. Main
tenance of equipment doubled over
the preceding year. No one can
read from these figures any near
prnspect of lowering of railway
rates.
, As a measure of the wars ef-
feet in other nations, neutral ma
tinns, the total clearings of the
Swedish Riksbank, the government
bank. for the first nine months
this year were four and a><half
times the total clearings for the
year 1914. Sweden, like other coun-
tries, has felt the tremendous eff
feet of great redundancy of
money. Wages and the cost of liv-
ing have gone up at tremendous
rate, and speculation has been rife
We see from this what mistake it
Is to believe that other countries, by
reason of their low costs of produc-
ton, will be able greatly to under
sell the United States in foreign
markets
New-York tribune., 1918-11-23

The statistical mind now revels
unrestrainedly in billions It is at
present busy ballooning with the
wars costs. But in any true sense
the war did not cost any 1.-TWO hum
dred billions" as is now computed,
or probably half, or even one-third
that sum. If the net cost was no
more than $5O,O00,O00,000, it was
still colossal The nominal figures
are a deiusion- The 100000
or 20,DO0,OO0 men in the armies
had to be fed in war or peace.
They we're merely somewhat bet
ter fed in the war. The real
war costs were it's distinctions,
and these are always grotesque-
ly exaggerated The scrapping
of old customs, methods, rules
and machines in England and
France has probably gone far tow
ard paying these nations share in
the war already.
New-York tribune., 1918-11-23

Farmers Loan and Trust The Farm
ers Loan and Trust Company announced
yesterday that it has perfected and mt
into use franc circular check for max
ing remitances {a.~ members of the
American Expeditions Forces. By ar
rangement with the three largest
French banks the check can be cashed
without charge at any of their
branches.
New-York tribune., 1918-11-23

John Muir Wins Suit-John Muir, of
John Muir & Co., suspended members
of the New York Stock Exchange, won
2 suit against Charles A. Burbank. a
former partner, and received a verdict
OF S64.S10. which MIR. Muir said he ad
vancel Mr.. Burbank tc purchase a seat
IN the exchange. Mr.. Burbank left the
firm last Nav and the firm was sus-
pended for year bv the hoard of
governors of the exchange for conduct
contravenng the rules of the cx
change.
New-York tribune., 1918-11-23
New Members of Bond Club Advisory

New Members of Bond Club Advisory
Committee = Announcement was made
yesterday that the following have ac-
cepted embership Of the advisory
committee of the Eond Club of New
YORK: Lawrence Chamberlain, Allen
4. Forbes, Francis l.. Hine, Charles E..
Mltchell, j. ?. Morgan, William H. Rem
lex, Charles H. Sabin. Jacob II. Schiff-,
Frank A. Vanderip, Martin Vorel and
Albert II. Wipgin