davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-09-29
Father of Waters
Again Becomes
Traffic Artery
Return Of Steamboat to the
Mississippi Marks New
Transportation Epoch

ST LOUIS. Sept. 2s.-A tug and
three steel barges, the first Of the gov
ernment's feet of thirty barges with
which traffic viii be restored on the
lower Mississippi, left East st. Louis
late to-day on the maiden trip for New
Orleans. The freight handled on the
three barges is about equal to that Of
$50 freight cars. Each week additional
barges will be added until the thirty
are in operation. according TO Theodore
Brent, traffic manager of the MISS
sippi md Warrior waterways section OF
the railroad administration.
Departure of barges from st. Louis
mas been delayed until the first unit Of
the municipal dock here can be com
rleted. Docking facilities along the
river between St. Louis and New Or
leans are being rapidly extended
Memphis will be the principal point
between St. Louis and New Orleans. but
Cairo, H.; Greenville. Miss, and Ar
kansas towns also will have new docks.
Mr.. Brent told st. Louis shippers that
the government expected to lose money
on the project at the start, owing to
the necessity of using inadequate and
antiquated equipment. He declared,
however, if shippers would furnish
capacity loads the government soon
would supply modern equipment. In
formation has already come from
Washington that engineers have COM
pleted plans for modern equipment and
are now ready to receive bids.
The maximum carrying capacity OF
the barges to be used now is 900 tons.
Mr.. Brent explained that 1t is just as
cheap to tow barges of 5000 tons as
those of 500 tons.
New Type of Towboats
The type of towboats provided under
the new plans is what is known as a
tunnel steamer, being entirely different
from both the sidewheelers and stern
wheel boats, now so familiar on the
river. This style of boat was designed
by foreign engineers for the Nile and
Euphrates rivers. All the new tug
boats will be oil burners, requiring less
labor in operation than coal burning
tugboats. Enough oil can be loaded
at st. Louis to make the complete trip
to New Orleans and return.
AS soon as dredging IS completed at
the Louisiana salt mines there will be
considerable freight for the line. but
, at present salt, sand and gravel rates
do not warrant shipping by rail to the
river. Lumber will be handled in barge
load lots.
The opening of the line to-day will
be followed in a few weeks by the open
ing of the St. LouisChicago barge line.
Plans for through shipments from Chi
cago to New Orleans are now being
worked cut, the plan calling for the
Interchange of barges here to eliminate
reloading
New-York tribune., 1918-09-29
Coffee, Sugar, Tea and Cot.
tonseed Oil

Coffee Futures.-So far the favorable
war news has failed to change senti-
ment in the market, and, after opening
unchanged to decline of l point, trad
ing was very quiet throughout the
morning, and in the absence of selling
pressure a few trade buying orders sent
prices upward late in the morning, the
close being net unchanged to an ad-
vance of 8 points. There have been
rumors that possibly new regulations
would be issued from Washington con-
corning green coffee, but it seemed to
be the general impression that moth
ing would be done to disturb present
conditions existing as to transactions
In green coffee.
The morning cable from Brazil re
ported the Rio and Santos spot mar
kets unchanged, with futures irregular,
80 reis lower to 25 reis higher. There
were further clearances from Santos,
$4,000 bags being reported for the
United States
New-York tribune., 1918-09-29
Metals

Foundry and basic IRON have been ad-
vanced 81 ton and Lake Superior ore
25 cents ton, the increase to be op-
erative during the last quarter of the
current year. Birmingham has been in
cluded with Pittsburgh as a basing
point, and the former is limited to
points north of the Potomac and east
of the Alleghcnies, which is an adj
vantage to Eastern Pennsylvania. Nlr-
gina and Tennessee ranging between
25 and rs cents a ton.
A new schedule of differentials has
been promulgated by the American
Iron and Steel Institute. 1t embraces
pig iron, nails, barbed wire, cold, rolled,
drawn and strip steel, ferro alloys,
sheets, cast water pipe, horseshoes
and boiler tubes. 1t is expected the
price of steel rails will be announced
this week at S57 for open hearth and
$55 for Bessemer.
The shortage of iron is causing some
concern, and the government is making
further survey of the situation, with
view to readjusting distribution. Pro
duction is increasing, but still falls far
short of demand.
The supply of refined copper is bare
ly equal to government requirements,
though production at the smelters is
increasing.
Lead continues in limited supply. AL
lotments are confined to government
purposes. The price remains as estab-
lished at sos cents New York and 9$4
cents East st. Louis.
Speter is quiet and easy.
Pending actual control and regula-
tion by the government there is little
activity in tin, though prices are firm,
in expectation of shortage before the
end of the year. Spot is now quoted
at 80 70 to S3 cents.
New-York tribune., 1918-09-29
FINANCIAL MEETINGS
SOUTHERN PACIFIC COMPANY.
NOTICE OF MEETING.
l65 Broadway. New York. y. Y

July II. 1914.
A Special Meeting OF the Stockholder. ~
the Southern Pacific Company VIII be heia
at the Office Of this Company In Anchorage.
jefferson County. Kentucky. on Wednesday
October 9, 1918. at q o clock noon, stand
ard time. for the following purposes viz
To authorize, approve and ratify On tn.
execution and delivery of a contract or con-
tracts between this Company separately or
proprietary and affiliated companies, az
party or parties Of the first part and the
United States. or Its representative, az
party OF the second part. relating to tha
compensation 10 be paid for the possession
use and control OF the railroad and system
of transportation. and its sppurtenance. Of
this Company and OF such OF It's proprie-
tary and affiliated companies IL am. Al,
shall be parties to such contract and to the
operation, maintenance and return OF .urn
properties. and To any other matter con-
nected with or growing out OF tho taking
owe: Of the said properties by the President
OF the United states. and 20 any action n >
the Board of Directors Of this Company IN
respect thereto: 20 authorize the said Roar5
% to alter. amend or add to such cam
tract, CD 20 collect the compensation TO bs
paid under such contract. and, IL said con-
tract be joint. 10 agree with the other
companies parties thereto 10 the division n
OF said coInpensa ton. and to take ALI such
other and further action as the said BOARD
shall deem necessary to secure adeouats
maintenance. and a timely return of the
properties so taken over; and generally 10
consider and act upon any and all questions
and matters Incidental to the burmese,
aforesaid or growing out OF the aforesaid
Federal Control OF properties OF thi, Com
pany and It's proprietary and affiliated com
panies
For the purposes OF the meeting IN, hook.
for the transfer OF stock w,ll be closed a, 4
o'clock p. NJ, Tuesday. September "a 1915
and Will be reopened at 10 o'clock A NJ =.
Thursday, October To- 1918
BY order of the Board Of Directors
HUGH NELL. Secre.Arv
New-York tribune., 1918-09-29
Rail Earnings Improve
August Net Income of Several
Roads Is Larger

Uniformly heavy increases in gross
earnings are reported for August by
eight important Eastern and Southern
railroad systems to the Interstate Com
merce Commission.
The Pennsylvania, the Delaware e.
Hudson, the Delaware, Lackawanna &
Western, the Western Maryland and
the Cincinnati New Orleans e. Texas
Pacific reported decreases in net oper-
ating income, however, indicating that
the recent increases in freight and pas
senger rates that became effective last
June has not yet proved to be a factor
important enough in these instances to
offset the higher operating costs. The
following table shows the August gross
and net operating income for each of
the roads mentioned, with the change
from the spending month of 1917:
New-York tribune., 1918-09-29
In d u s t trial
Cotton

a sharp carly advance on the war
operations of the Washington commit
tees and unfavorable weather in the
South was followed by reactions in the
cotton market yesterday. December
broke to 1896 and closed at 1902, with
the general list closing steady at net
decline Of 20 to % points.
The opening was firm at an advance
Of to 10 points, with active months
selling 90 TO 40 points net higher dur
ing the early trading. This was on
Il renewal Of the buying movement,
which had been in progress at the
close Of Friday and which was en-
couragcd by the appearance of Il low
barometer off the Florida coast sug-
states over Sunday. But the advance
met a good deal of realizing. There
was also scattered Southern selling
and the market was unsettled during
the middle of the morning. This
seemed partly due to rumors that the
special meeting Of the board of man
ayers with a member of the Cotton
Inquiry Committee had been called to
consider the question OF fluctuations.
Under present rulings the maximum
daily fuctuation permitted in futures
IS 300 points, and the talk was that this
might be reduced. The meeting, how
ever, was not followed by any definite
statement or announcement, which sug-
gested that no definite action had been
taken whatever the subject Of discus
sion. Brokers with foreign or domes-
tic trade connections were good buy
crs on the break of about so to 70
points from the early high level and
prices were steady in the late trad
ing.
Weekend reviews of the situation
indicated that temperatures have been
too low for the growth of the late
cotton. According to one of the local
authorities the condition of the crop
has deteriorated in the Carolinas and
Georgia during the past month, but is
still fair average for this season
Of the year. The final official condi-
ton report of the season will be is
sued on Wednesday, and before then
number of private reports are ex-
pected Reports so far issued indicated
less than the usual deterioration since
the end August figures.
New-York tribune., 1918-09-29
REGULAR Declarations

Fifth National Bank.-Quarterly dividend
of 8 per cent. payable October l.
Colorado Fuel and iron Company.-Quar-
terly dividends of l5 cents per share on conf
mon and per cent on preferred stock. both
payable October 25 to stockholders OF record
October 5.
Corn Products Refining Company.-Quar-
terly dividend of = per cent on the pre-
ferred stock payable October - to stock
holders of record October I.
Detroit Iron and Steel Company.-Qu Quarter
ly dividends of % cents per share the
common and Il II cents per share on the pre-
ferred stock, both payable October 5.
Jones Brothers Tea Company. Inc.-Quar-
terly dividend of 80 cents per share the
common stock, payable October 10 to stock
holders Of record October l.
Public National Bank.-Quarterly dividend
of per cent, payable September 30 to stock
holders of record September 26.
Scioto Valley Traction Dividend
of | per cent on common stock. payable Oc-
tober - to stockholders of record October 49,
York Railways Company.-Qu Quarterly divi-
dend of | q per cent preferred stock, pay
able October 81 to stockholders of record Oc-
tober 2l
Westinghouse Air Brake Company-Quar-
terly dividend of Sl.75 per share payable Oc-
tober 81 to stockholders of record October 10
New-York tribune., 1918-09-29
DIVIDEND NOTICES
ANACONDA COPPER MINING co

~ Broadway. New York. Sent "a las
The Board OF Directors Of the Anacona,
Copper Mining Company has declared
dividend Of Two Dollars ts2 0O1 Der shsrs
upon Its Capital Stock Of the par vaiue ~
500 per share. payable on November .
l9ls, TO the holders ~ such shares o,
record az the close OF business at - o'clock
Noon. on saturday, October 10 1918
The dividend is payablc only upon tn.
$50 shares into which the CO pital Stock e.,
now divided ~
All stockholders who have not co,va-.aa
their holdings into shares ot $50 par vsius
should do so without delay in order ~
'neS may receive their dividend pro,a,ti-
A Il. MELtN. Sscsstxry
New-York tribune., 1918-09-29

Butter.-Receiptst to-day 1871 pack
ages. Creamery, higher than extras,
lb, s21z @63c; extras, 92 score, SIC;
firsts, SO to 81 score, 59G61hc; sec
onds, SO to 81 score. 54G 5Sc; thirds,
49@ 53c; unsalted, higher than ex-
tras, 644 q Soc; extras, 631z SAC;
frsts, 61M 63c; seconds, 56M60c;
state dairy tubs, finest, 6012 M6lc;
good to prime, $50 Coo; common to
fair, Asa 55c; renovated, extras, SOC;
tirsts, 48449c; lower grades, 43M47c;
imitation creamery, firsts, 45d46c;
ladies', current make, firsts, AZ "a
39 z @41c; packing stock. current
make, No. /, 41@41hc; No. 2, 4ohc;
lower grades, 37M40c.
Cheese.-Receipts to day. 1854 boxes
including 468 boxes in transit for ex-
port. State, whole milk. fresh flats,
specials, colored, lb, 3o@3Okc; white,
30d3012c; average run, colored,
29@29Ac; white, 29h@29Ac; low
er grades, 26@29c; twins, specials
30c; average run, 2902912c; lower
grades, 26M2S1ac; state skins, spesials
1o II "a "a 12c; prime 10 cholce, 22CN23c; !;
fair to good, 19@21c; lower grades,
7M13c.
Eggs.-Receipts to-day were 1876
packages. Fresh gathered extras, per
dozen, 55@ SIC; extra firsts. 53M54c;
tirsts, 51@52c; seconds. 47@5oc;
undergrades, Agate; drties. No. l,
43@44c; No. 2 and poorer, 38@42c;
checks, good to choice, dry, 38040c;
undergrades, $50 SIC; refrigerator, spe-
cial marks, fancy, charges paid, Asa
Acc; frsts, charges paid, 4312 M45c;
seconds, charges paid. 42M43c; state
Pennsylvania and nearby Western hen
merry whites, fine to fancy, 68@72c;
gathered, ordinary to prime, 52d SIC;
gathered whites, ordinary to fine. 520
Csc; Eastern and Southern gathered
whites, 500 Csc; state, Pennsylvania
and nearby hennery browns, $50 60c;
gathered brown and mixed colors
Asa SEC.
New-York tribune., 1918-09-29
Mining Stocks

Sales. Open High Low Last
2S00 'fAmer Mines. 81 "a 81 "a
700 Ariz Cop Co.. 54 5L4 5A 54
5oSS 300 Hls bost ttsss Mont. Go AZ 2s i"
5000 500 eSssf !+essdo"is Pstss't =. Is 45 as 4s
s$$ :s::ss S:ssf S: !. il u Il
SS$ ;S$ S;::;ss 81 ss; S% s:S j. !. i, Il 555
1899 1899 :Hq5fhn Foftuns eon Min IS B IS Y "a "a
i7So i7So f9SSde .fGoden GsPSef M !" 2as 2a z
1900 'rHattieGM (ap) SO e3 o3 e3
1900 Hecla Mining. 434 434 4ls Ak
500 'TJm Butler. so so SO SO
9SSS 9SSS .+MeManaS .+Meshs1 Lode. 80 90 aa aaa
400 sMut NJ & M pf. 12a 2 "a 2
1000 'tNat Zinc & L. is is IS IS
400 .onondaga ono" SespHii. Min. aIss sIss sIss ass
900 'Ray Hercules NJ 4Is AZ AZ AZ
400 *tRoch Comb: So 35 35 35
:$$ ;$ ::: ;::;: :::; 81: s:;;:s :H, :;
,5$$ So So :f$ssss :41sssas Elm" as sf e s5 5 s
1850 United Eastern. 3|s 3}s 3l1 80,
1000 *IU S Id & Zinc IS Is Is 16
1000 *tWard NJ & M 10 II 10 II
500 tWash G Quartz "a rs "a rs
500 West End Con t51 t5g 1I7 IN
1000 +tW Ut Ex (ap) 18 19 II 49,
$500 White Caps NJ sIa eHa ela eH
New-York tribune., 1918-09-29
Livestock, Meats. Provisions

Following are Yesterdays prices. compared with
those Of year ago:
Live steers best 'sN
100 10. .....:.sl3.75 @sIsoo $3.50 @si5.2s
Dressed beef sides
10 ...:........ is .2s .l3 q .23
100 ID. :..,,..t4.5o O 2Ioo 1900 a 100
Dressed .eals city.
lb- ............ IA "a 80 20 % as
live ewes. 100 lb. 800 q 1900 100 @ -
- prime. 100 lb $500 a 1900 1915 @ 7.25
Dressed Dressed mutton ID .6 q 20 Is q 30
Dressed lambs. ID 20 "a .28 20 a rs
Hogs. 100 ~. 1000 q 2O.5o 1925 a 1880
Dressed hogs. ba-
con. b. ....... .299A@ .2eH 2sA@ .2s,,
Mess pork bbl. 46.OO a $3.50 1900 a 1880
Mess bsef. bbI $500 @ $500 2soo 5000
Ib .......... 26. .sOc @ 2s. .aoo q. .aoc q rs ano
New-York tribune., 1918-09-29
> u 5 t e n a n c e
Cereals

Wheat.-Rcccipts of wheat at pr-
mary points last week fell off slightly
more than million bushels as a re-
suit Of the permit system, the total
being 17,245,0 900 bushels, compared with
1884 900 the previous week and $685.,
900 last year. 1t seems to be the pol
icy of the food administration to
further curtail the movement and to
hold more wheat on the farms against
milling requirements later in the sea-
son. Exports are expected to continue
on q liberal basis, and the exportabe
surplus in America this year is a very
large one. At the same time prepara-
tions are being made for even a larger
crop next year. as a very extensive
seedbed has been prepared this fall,
and already the acreage sown is much
larger than that of last fall. Milling
operations continue quite active, al
though the domestic demand for flour
has been somewhat disappointing, and
the outlook at the present time is not
particularly encouraging for more than
moderate exports compared with last
year.
New-York tribune., 1918-09-29

Commodities =

considerable quantity on the same
has prevailed recently.
Yesterdays Previous Year
New York: close. close ago
Oats. No. white. .s51a .s5Hs .e5
Chicago:
October ........ .72N, 70
November ........ 1874 "a
Rye.-Market steady
Yesterdays Previous Year
New York: close close ago
Cash, No. 2 West. .$1.72 S172 S1.oo
Flour and Meal-Quotations were:
Yes'day's Previous Year
Flour. MINI, sps. pat.s11.oo s11.oo s,s.2s
Cornmeal. yellow. gran $50 $50 1000
Rye -four choice. 900 900 1890
New-York tribune., 1918-09-29

Annual report for the year ended
June 80 shows gross revenue of 81 ,562,-
245 which compares with s3,5Sl,72 for
the prece ding year. Net revenue was
s1053,453 and interest and taxes
totalled sl92,539. Depreciation, etc,
amounted to $217,69s. compared with
S194,480 Net profits were S643,216, or
the equivalent to 1886 per share
earned. against s416.589, or s593 for
1917. Surplus, after common dividends
of S250,000, was s243,216.
Republic Rubber Sales
for August were S1,429,O0O Sales for
the three months ended July 81 totaled
S4,599.53
New-York tribune., 1918-09-29
Yesterdays Previou,

Cottonseed Oil.-The market con-
tinued quiet, with prices steady on the
government basis. A fair trade is ap-
parently being done in new crop crude
at l712 cents. while in refined oil trad
ing is limited to routine business
New-York tribune., 1918-09-29

Oats. - The oats market showed
weakness despite continued buying on
the part of exporters. Longs sold
heavily on the war news, and it was
the prevailing impression that those
who had been on the long side for
the past month against sales of corn
were disposed to hquidate. Export
purchases were believed to be quite
large and buyers were willing to take
New-York tribune., 1918-09-29

Corn.-The war news again exerted a
bearish influence on corn and prices
broke about cents bushel, making a
total less of 9Ssc to 11isc from the
high point of Thursday. Longs sold
heavily throughout the greater part of
the day, and while there was a slight
rally at the close on covering it was
evident that operators were not in
clined to take the long side for over
Sunday, as it was feared that sensa-
tional developments abroad might very
easily bring about a further break. The
cash position was weak and the weather
was ideal for curing the new crop.
Inc movement at primary points
showed a loss Of over million bushels
during the week as a result of the rail
road embargoes, but it was thought
that the chances are in favor of
larger receipts next week, as farmers
have been offering freely, and it is be-
lleved that little trouble will be found
in getting permits.
New-York tribune., 1918-09-29
Yesterdays Transactions in Listed Stocks

All stocks quoted dollars
based
based only o shares rmo
Ech
New-York tribune., 1918-09-29
Curb Market

ollity tor the accuracy or authenticity of curb
market quotations. Transactions and prices
Saturday were as follows:
New-York tribune., 1918-09-29
Dividends
Extras

Extras
Sullivan Machinery Company.-An'
extra dividend of l per cent, in addi
ton to the regular quarterly dividend
of Il per cent, both payable October
Is to stockholders of record October 1.
New-York tribune., 1918-09-29
Hay and Straw
Yesterday
Per toni

large bales . s41.oo@41.5o s24.oo@25. 90
No. clover mxd 800 a 5000 2o.oo@22. 90
Rye straw, No. 22.OO 024.OO 1000 =
New-York tribune., 1918-09-29

sex dividend
TDividcnd deferred pending settlement contract
tDivdend deferred pending decision Railroad Administrator
New-York tribune., 1918-09-29

The Presl
market sensitive
falling under the weight Of mingled profit
Vg IN OF considerable portion stubborn
with the fact that quotations have
technical conditions which,
setback War
investors to take standard shares
within narrow bounds Liberty bonds yielded
closing heavy.
New-York tribune., 1918-09-29
Bonds

u. S. Government Bonds
(New York Stock Exchange Quotations)
(Closing Quotations)
New-York tribune., 1918-09-29
American Seeding Machine Company

Prices include interest
New-York tribune., 1918-09-29
Bonds
Consolidated Exchange

Unlisted. +Sells cents per share.
New-York tribune., 1918-09-29
Butter, Cheese and Eggs

kiln dried.
New-York tribune., 1918-11-18

forty-six large cities, having COM
bined population Of 23,0OO,Oo0.
1t is estimated that in similar
period of time the normal number of
deaths due to influenza and pneumonia
in the same cities would be about 1000.
leaving approximately $4,000 as the
number properly chargeable to the
epidemic.
The total casualties in the American
expeditionary forces have recently been
unofficially estimated at 100000. On
the basis of the number thus far re-
ported it may be assumed that the
deaths from all causes, including dis
ease and accidents, are probably less
than 45 per cent, and may not be more
than 40 per cent of the total casualties.
On this assumption the loss of life
in the American expedttionary forces to
date is not more than 10000 or $4,000.
1t may be much less.
Thus, in forty-six American cities
having combined population of only
little more than one-fifth the total
for the country, the mortality resulting
from the influenza epidemic during the
nine weeks period ended November 9
was nearly double that in the American
expeditionary forces from the time the
New-York tribune., 1918-11-18
McAdoo Urges Ships
For South America
Sees Opportunity fcr Closer
Commercial Relations
at Once

WASHINGTON Nov 17--dm1nedlnte
assignment of ships fur trade with
South and Central Amsrira has been
suggested to the Shipping Board by
The United States section OF the Inter
national High Comrnissio on, q Pan Ameri-
CAn organiza ion to promote commerce
and truaa relations between the United
States and the southern republics
Secretary McAdoo, as chairman of
-fta United States section, Issued a
IroTtHrrce of ships for immediate Latin
American trade, saying the official and
commercial interests of Latin America
insist on better transportation facili-
ties as basis for closer commercial
end financial relations
s'T'he United States section of the
International High Commission" said
Mr. McAdoo, 1'has ven1ured to make to
the Shipping Board a number of sug-
gestions, some general and some spe-
cifc, relating to the further prusecu-
ti0n of it's constructive plans, as well
BIZ TO the disposition of ships now in
it's control during their further opera
ton by the board and otherwise These
suggestions include the immediate
availability of ships for both the east
and west coasts of South America and
the careful planning of freight alloca-
ton SO as to avoid empty car2sp space
Dn south bound trips
@fIt Will furthermore be necessary to
develop q broad policy to meet the re-
quirements Of different indus tries and
sections of both North and South
America"