davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-09-07
@ Mark Commerce

Even if there were litigation, it is not
correct, as stated in the executives
report, that the act Of Congress would
be thereby invalidated, so that there
would be no provision for compensa-
tion."
Mr.. Untermyer asserts that the con"
tract sweeps away the right Of roads
to appeal to the courts, and says in re-
gard to the Interstate Commerce Com
mission: "Our demands involve, of
course, no reflection upon the recog-
nized ability and integrity of the dis
tinguished members of the commission,
however much we may differ as to the
wisdom Of an economic policy and
administration that have brought the
companies and their security holders
TO the verge of the collapse so graph
ically pictured by the director gen
eral"
He adds that two vital points which
are still the subject of controversy be-
tween security holders and the govern
ment involve construction of the law
passed by Congress under which the
roads passed UNDER Federal control.
Both these questions" Mr.. Untermyer
says, "the director general decides,
shall be now conclusively determined
against the roads, without the oppor-
tunity for hearing before any judicial
tribunal, and so written into the con-
tract that the roads shall never here
after be able to raise these questions
in the courts. This. we insist is most
unreasonable to the many millions of
people who own the roads through the
holdings of the great life insurance
their trustees and are making this pro-
test on their behalf"
Rely Upon Legal Rights
After saying that security holders
are entitled to have decided what Con-
gress intended and that they should
not be asked to contract to release the
right of further action based upon the
loss of good will and the division or
diversion of traffic, Mr. Untermyer says
they are quite willing to rely upon
their legal rights. "But, apparently,
Judging from its insistence on this
extraordinary attitude, the government
is not as confident Of its legal posi-
ton as would appear from the opinion
of the Solicitor General.
THAT" said Mr.. Untermyer," is what
the director general means in reproach-
ing us with demanding the right to
litigate the question Of whether the
law intended that the security
holders must stand by and see their
business destroyed and diverted and
agree that it may be done without COM
pensation.
"a few of the great prosperous
trunk line systems can we'll afford to
take the risks of this clause. Their
properties are not likely to be dis
rupted, while, on the other hand, they
would naturally reap the benefits of the
losses that are likely to be suffered bv
the smaller roads without having to
pay for them"
New-York tribune., 1918-09-07
A Brokers' Explanation

Despite the repeated warnings of the
Federal Reserve Board, the local Fed
cral Reserve Bank and the money com
mittee, that loans for stock market
purposes should be kept down to the
lowest possible minimum, there was
evidence in yesterdays sharp break in
prices that this has not been done A
broker. who makes it point to keep
in close touch with bankers said that
he had obtained information indicat-
ing that several brokerage firms had
exceeded the amount which their capital
should permit them to borrow. The
result was that weekly margined ac-
counts had to be Inundated,
New-York tribune., 1918-09-07
Holds Up Security Issues
Government Wants Clear Field
for Liberty Loan

WASHINGTON, Sept. 6.-The Gov
ernment's Capital Issues Committee
announces it will not approve the sale
Of any securities during the fourth
Liberty Loan campaign, between Sc
tember % and October 19, except re-
funding issues to take care of maturi-
ties within that period. Companies with
unissued portions Of approved securi-
ties were asked to withhold them from
the market until after the fourth loan
is subscribed.
The committee also announced that it
had postponed approval Of the Ameri-
can Tobacco Company's application for
issuance of $25, 100000 serial notes un-
til after the loan period.
New-York tribune., 1918-09-07
New York

Chatham and Phoenix Buys Peoples
Bank--The Peoples Bank, at 393 and
o95 Canal Street, a state institution.
with deposits aggregating about s5 900.
900, has been purchased by the Chat
ham and Phoenix National Bank. 1t is
me intention Of the Chatham and
Phoenix Bank to consolidate the newlv
acquired institution with its own svs,
tenn and operate it as branch.
New-York tribune., 1918-09-07
Cattle Food Scarce

1t is reported from Amsterdam that
shortage of cattle feed in the Neither
lands next winter is feared and that
the outlook for livestock is very dark,
as no corn nor prepared food can be
obtained and the hay crop will be very
small. 1t is predicted that most Of the
livestock will have to be slaughtered.
New-York tribune., 1918-09-07

bility of regulation had been liquidats95
on the break Of the previous day ana
there was covering as soon as this tat'
was fairly we'll established Aside froh
that the advance was chiefly due 10 the
reports that Southern spot holders
were showing a disposition to h0ld
their cotton below the 35 cent level,
Southern spot markets as Official?
reported were unchanged TO 7S polns
higher, with Houston reporting sales
Of 1915 bales at an advance of 80 polns
to $3.50 for middling Exports for me me
day were 20,312 bales, making 5lOSl.
- this season, against 403,222 ss'
year.
New-York tribune., 1918-09-07

The above rates express the cost Of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling at. say, $4.7560. The intrinsic
parity is s4.@G3s 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., 1918-09-07
Wild Market In U. p.

Union Pacific common had wild
afternoon on the exchange. 1t was
selling around 1877 when the announce
ment of the money committee was
made. On comparatively light sales
the stock broke sharply and for time
seemed to have absolutely no support.
1t fell from 1854 to 1913 on a single
transaction, then dropped to 1929, and
short time after had rcbounded to
l25 z. Dealings in this issue totalled
9,400 shares
New-York tribune., 1918-09-07
The Dollar In Foreign Exchange

Francs were easier in the local cx-
change market yesterday, as a large
supply of bills were offered. The neu-
trail exchanges were steadier, in spite
of the continued Allied military ad-
vances. Bankers attributed this tenn
porary hardening to short covering, as
it is understood there has been large
speculative interest in foreign ex-
change since the general process of
stabilization started a few weeks ago.
Pesetas were slightly weaker.
Closing rates yesterday compared
with week ago follow:
lQuoted dollars to the pound.l
New-York tribune., 1918-09-07
Elections

Lord scarborough has been elected
director Of the Grand Trunk Rail
way Company, succeeding the late
Colonel Frederick Firebrace. Lord
scarborough is an authority on rail
road problems and is widely known in
CANADA and the United States. The
new director, who was recently elevated
10 the peerage in recognition of his
services to the empire, is better known
as Sir Francis Hopwood.
New-York tribune., 1918-09-07
To Buy Paper in u. S.

1t is reported from Melbourne that
the Federal and state governments of
Australia have found it so difficult to
OBTAIN an adequate supply of paper
'hat Albert Mullett, government print
err VIII be sent to the United States to
make purchases.
New-York tribune., 1918-09-07
rREPlE. .cE-A -ARR0WM MO. or CARGO

\ quarterly dividend of two per cent. has
been declared on the preferred stock OF tbs
Company, payable October !. 1918. to stock.
holders OF record September g. 1915.
WALTER c. WRYE. Treasurer
New-York tribune., 1918-09-07
Steel Common and Preferred

Steel common and Steel preferred
both sold at the same price momen
tarily yesterday afternoon, 11o1s, one
paying II per cent a year dividends
and the other per cent. The nre-
ferred gained q, while the common
stock lost 2 7s points.
New-York tribune., 1918-09-07
DIVIDEND NOTICES
American WQoI.n Company
Massachusetts Corporation
QUARTERLY DIVIDENDS.

QUARTERLY DIVIDENDS.
Notice is hereby given that the regular
quarterly dividends of one Dollar and Se,-
enty-f1ve Cents (Sl.75) per share on the
Preferred Stock and one Dollar and Twen-
ty-Five Cents (s125) per share Oh the Com.
mon Stock of this Company viii be paid %
oct 10, 1918. to stockholders Of record
Sept. 1t, 1918.
Transfer books Will be closed at the clos
of business Sept. 1t, 1918. and win BE- re.
opened at the opening of business Sept q,
1918. WM. II. DWELLY, Treasurer
Boston. Mass. Sept 4. 1918.
New-York tribune., 1918-09-07

AMERICAN CAN co.

A quarterly dividend of one and three
quarters per cent has been declared on ,hs
Preferred Stock OF this Company payabs
October lst. 1918. to Stockholders of record
at the close Of business September l4ia
1918. Transfer Books viii remain opeI
Checks mailed. r. Fl. ISMON,
Secretary & TREASURED
New-York tribune., 1918-09-07
Money and Credit

Quiet prevailed in the money market
yesterday, with rates showing no i'm
portant change. At the Stock Exchange
call loans ruled at 6 to 61s per cent
throu ghout the day with a large enough
supply available to take care of the
markets needs.
Offerings of fixed date funds were
almost nil. Such loans as are now
coming due are being paid off and the
brokers are told to replace them in the
call money market. 1t is evident that
the banks are all pursuing a policy of
reducing their time loan commitments
until after the Liberty Loan campaign.
The demand for time accommodations
continues heavy and borrowers are Of
ferlng per cent for loans of all dates
on mixed collateral and 6h per cent on
all industrial loans.
Ruling rates for money yesterday,
compared with year ago, were as
follows:
Yerterday. Year ago.
Per cent. Per cent.
Call money:
On mixed collateral 6 q
On industrial col'tI 6La
Time money (mixed collateraD:
SIXTY days .......6 4MD4L2
Ninety days ......6 6 4Ia@5
Four months ....6 8 @5M
Five to six months 6 6 65M
Commercial Paper.--A fair amount
of business was reported in commercial
paper yesterday at per cent.
Bank Acceptances.-The demand for
bank acceptances has fallen off in the
last day or two. Rates yesterday were
as follows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Fer cent.
f igible
banks. .4A@4 49a@4l4 4as@4A
r igible
nonmem-
Der banks.4A @41s 4ss@4n 4ss@4a
neligib Bile
bank bills5A@4 5A@4s4 5A@4s4
For delivery within thirty days:
Per cent
Eligible member banks. AVE
Eligible nonmember banks. A5s
Ineligible bank bills. s............6 6
Sub-Treasury. The banks lost
$2,514,000 to the Sub-Treasury yester-
day.
Silver.-London, 491d, unchanged;
New York, 101 1sc, unchanged: Mexican
dollars. 787sc. unchanged.
Discount Rates.-The following table
gives the current rates Of the twelve
New-York tribune., 1918-09-07
comparison of prices follows:
Metals

War demands by the United Ststss'
and Allies are said TO be taking neaFi
81 per cent of the entire copper outp-i
and little metal is available for genei...
consumption. Government contrsss
are absorbing the lead supply. lhe''
is lipited inquiry for spelter.
Current prices for the principal NE.
ais. compared with those prevailing
year ago, follow:
Current Ayen
price. ago.
Pig iron, Bessemer.
Pittsburgh ..$36.60 S5l.S
Copper, electroly-
tic, lb. ........ -26 .26la@N
Tin, lb. ......... .03 60I2@.oi
Lead. lb. ...... .08 1-20 .097sg.V'
Spelter, East St.
Louis, lb. go. .osas .o77s@'
New-York tribune., 1918-09-07
News Digest
Foreign


London Market Cheerful.-LONDON.
Sept. 6.-Trading on the Stock Ex-
change to-day was generally quiet and
cheerful, with reactionary tendency
in some of the recently active issues
on profit taking. There was no demand
for shipping shares, owing to denial of
amalgamatlOn rumors. Allied funds
were firm. Consols and French 5 per
cents were the features, but the war
loan eased to 95, probably because no
sinking fund purchases were made
above that figure.
Paris Market Quiet&PARIS, Sept. 6.
Trading was quiet On the Bourse to-
Gay. Three per cent rentes sold at 81
francs 10 centimes for cash. Exchange
on London was 26 francs 10 centimes.
Five per cent loan brought SO francs.
New-York tribune., 1918-09-07
Cereals

SuS ance
Cereals
Wheat.-The government report .. :.
gram, including an estimate on W.
Continued on page --
New-York tribune., 1918-09-07

NeSerVe banK rate. .o1T4 .olT4
Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, IS calculated by the United
States Mint:
New-York tribune., 1918-09-07

Bank Clearfngs.-Bank clearings In
New York and other cities we're:
Exchanges. Balances.
New York . .seo6, ,oSe, 1855 $e2,eee, ,4s6
Boston ..... 48,656,344 8,648,875
Chicago ...... 98,167,7o4 6,555, IS
New-York tribune., 1918-09-07
Telephone
Hanover 6S1%

Federal Reserve banks on commercial
paper on all periods up to ninety days:
New-York tribune., 1918-09-07

Weekly Bank Exchanges.-Total bank
clcarings at the leading centres of the
United States amounted to s5016,310,-
100 this week, according to r. G. Dun
& Co., an increase of 6.5 per cent COM
1917.
New-York tribune., 1918-09-07

Bank of Germany Statenmnt.-BER-
LIN, Sept 6 (via London)-The weekly
statement of the Imperial Bank Of Ger
many for the week ended August 81
shows the following chances. in marks:
New-York tribune., 1918-09-07

London Money Rates. - LONDON,
Sept. 6.-Money was unchanged at 3
per cent. Discount rates were: Short
and three-month bills, 1882 per cont.
Gold premiums at Lisbon renained
10000
New-York tribune., 1918-09-07

Commercial Paper.--A fair amount
of business was reported in commercial
paper yesterday at per cent.
New-York tribune., 1918-09-07
Exchange Calls ON Mem
bers for Daily Reports
of All Loans
Stocks Drop Sharply
Heavy Selling Follows An
nouncement of More Rigor-
GUS Money Control

This resolution was passed yester-
day by the governing committee of the
New York Stock Exchanges:
Resolved That the committee on busi-
ness conduct be. and it hereby is. author
lied to require from members of the ex-
change. or their firms, daily statement
of the amount of money borrowed on time
and on call.
Adoption Of the resolution followed
the receipt of the following letter by
II. G. S.sNoblc, president of the Stock
Exchange, from Benjamin Strong, gov
crnor of the Federal Reserve Bank of
New York and chairman of the Liberty
Loan sub committee on money:
AS you are aware, n subcommittee of
the Liberty Loan committee of this district
appointed on September S, 1917, and
has undertaken certain duties in connec-
ton with the New York City money mar
ket. for the purpose of securing the most
complete cooperation with the government
In its financial programme by all the finan-
cial interests of the city. The members Of
the subcommittee are the following gem
tcmen:
BENJAMIN Strong, chairman.
James S. Alexander.
George +. Baker.
Walter +. Frew.
Gates w. McGarrah.
Charles II. Sabin.
Frank A. Vanderlip.
James n. Wallace
Albert II. Wiggin.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-03-16
MODERN GARDEN
Of EDEN SNAKE:
Evangelist Bassett Says It's Not n
Crawling Reptile, but Is Found IN
Mems Hearts.

TIL" poor old SNAKE. deprived -: legs.
cursed with a hid"CuS head and d""ln", i
10 travel through If" W,I"n hts belly.
Is blamed for much today ;hnt ought {"
Ia hnrnrd elsewhere. according - Trr
: RHSscti. tn" business man evangelist.
who preached last night on "S!ack"rS
h":or" another iare" ATTENDANCE" II; lhr
Martins Ferry revival.
They say that tn" creature that sent
Adam and Eve OF On tho tangent Of
sin was pcnaliz"d with an existence a.:
endless creeping" exclaimed Evangelist
RasSr;t Il don't b"liry" Ih" poor rf.r.
tur" that h1sis on III" rn,'ES in IN" sun.
shine is III" descendant Of the wretch
tina, led Adam and Eye aSirny. ! think
that that iiiIhy degenerate is Stll! among
rs on TWO legs II" is III" atheist. III ono
vari"iY. III" Stacker in an"'h"r. H.
r7'r.IS rnly !igWrntIv"iy. Missing hi:
Nrn"'nnus unh"li"f In I"SuS Christ IT
Whispering his concentrating nnhrlj::
In -" nation that gives him has bread
and bod. II" does his hi; toward break
ing down III" hichcs, id"als' in all N"
wnrII. rhos" -; Christianity ami thn>n
NJ democracy. II" hrtrays lh' man
who WI, upon n cross a;L died Cor
him. II" h'trays thr lHud that has given
him IN" v,ght /" NJ. Liberty and The
pursuit al happiness. It's ~. ilr:i..s'.
lowest dog. u"rri" GC"HW'irvl that
hr,.rfh"s Ii Il" w,r" :, man u" would
rr:u>" ~ talk against his Savior with
III" air that liz S',vl"r'> FI;E"r i".rn!;$
him ~ tai" in" his lung. II H. w'r'
lnHn Il" wuUii 90; nur a: .iu!":ira
and - Hv,. IL Berlin. wh.r" h. might
S""u"r ~. ln:'r i.,sllx" II" 'amh!ti"n o;
shining -" kn:>.r'S m'o:s."
Til" '"Ni ": he. $'rm"A wn$ taken
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-03-16
Disciples of Christ Churches
to Hold Meeting on Monda!

IN" ft~r' arnnni nn",inG ri tho II
c"-"ir..' cation O; IN" disciples 6; Chris
-! Wheeling and ririniiy Will H. hrl,!
Mn;'!rE evening" March -.
~ : = " NJ l"i2n Mullen - Fast
l.!,"ri"ut. ohio. will address HE Thrls-
tan W";rnm'~ i:"'ird "f Missions
Al a" rnI John Mullen. minister II
in First ''hr's inn church. East Liver
pool. ohio. will address ih". ","m,r=
nl:'~% r""'irG. Tn la'!ire viii S"ir,
lu"rh Ter -. crrais nj - rrlrjra! sini.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-05-31

spond II can be truthfully said that
in this country today no political party
has monopoly on patriotism.
Pays Tribute to Gardner,
During hts speech the senator paid
a glowing tribute to the memory OF
the late Major August p. Gardner
who resigned his seat TO go to war.
At the memorial exercises for the
men of the Maine, DR., Carlos Cessedes,
the Cuban minister Congressman
Ellsworth. of Minnesota Congress
man Macarthur. of oregon, and Mrs
Kathrine Gould, were the speakers. a
squad from the Mayfower fred volleys
above the graves.
One Of the most impressive mo-
ments Of the exercises ~ the cemetery
was when the Marine band played the
star Spangled Banner.
Ceremonies we're also held ~ Sat
tie Ground National cemetery, Sol
diers Home the Congressional GEM
eterv and other spots where soldiers
are buried Memorial wreaths for the
dead of the Lusitania and for sol
diers and sailors lost at sea in the
present war were set aGoat n the Pc
tomac Exercises were held on board
| the British warshir Warrior the fag'
ship Of Admiral Grant. now lying II
I the river.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-05-31
CAR TURNS TURTLE,
THREE ARE INJURED
Louis Cohen Suffers Fractured
Skull-Detective Wiley
Painfully Bruised.
KELLAM HURT SLIGHTLY
Automobile Goes Over En-
bankment Into Tuckahoe
Creek No Cause for
Accident Given.

-, .,.,, -.--i
AS the result OF an automo'iI" a'''-
dent Louis Cohen, 20t2 West Grace
street. lies dangerously i'll al Virginia
hont.a,. Dn.aa.,,.. e..-.-.. John
De'''''N -0ei V''''
whey is badly injured, az ms hoH'''
and Detective Lewis Keflam. is slight
Il. irirrod -. ht- ta,-o
a. az" nun -,.4
The accident occurred on hroao-
Street road, about SIX miles from the
CITY last NIGHT aho,,t $40 o'clock. The
e''s' .ass i'len' a"o0, % ''' y 80
Two detectives VINO had beeh on ou'S
at Hollywood during the memorial ex-
erctses and Mr. Cohen. after the ex-
ra Ao.n,
e'GiSe9 Ia" "Sfu N''i'P'''V''
[nined 70 take ride out i'road-s{reet
road and return through the Cary
CT. -, -, ,ro,,rd NV West o.
! ''''N'
hamilton and the country cIuo.
AS the car was speeding aIpn6 az
about fifteen miles an hour' peteC.
tive WIioy felai'S' ana JUS ~ -
reached TuckHh"o Creeh' soLhe'nlil :
| became disafranged ana the car
| skidded oAtr the e}enan kiheu'. wen
turtle down ABOUT zen teet my" tHs
| creek, WNt'' " ieHteI lSetL al ~
| stopped SNaINSt me elnoah hfhoh' Oh
! the southern slde OF me creek,
The three men were knocked uncon
lsclous for Few moments. ooHeh
! head was badi% damaged, ana IL was
! believed al the virginia hosp'taI
\ where he was taken last night that hls
skull is fractured whey sustained
Severe Jolt OF the flEht sidef atheoEr
DR.. st Julian oppehhimer VINO at
blended him, says no bones are broken
la great cash over the right eye q
/ broken nose. ana iacerated Fleh'
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-05-31

of determination, and the matter at
hand was taken seriously.
After DR. MaNey had invoked the
blessing. Rev. Or. Semmes stated that
the meeting was called in response to
the proclamation of the president. VINO
had urged all citizens to enter into
communion with the Heavenly fath-
or at this time. and to offer PRAYER
and praise for the success OF Ameri-
can arms in the struggle for right
eousness now going on in France. he
declared that the war is righteous
one. and that the great fight for lib
erty and righteousness would be won
nv the allies. for God was always with
those who fought to upIift humanity.
He introduced Mr. Jones, who said
that without the guiding hand of God
no battle could be won. and that all
mon and women at this time should
consecrate themselves to the great
! end Sacrifices should be made, and
the business affairs of the community
might he delayed while every effort IS
| being made to aid our boys in their
great drive for victory.
But we must always keep in touch
with God" said Mr.. Jones. There Is
nothing worth while without His help.
/ we should not only pray today, but
/ tomorrow and every day. There IS
I power in sincere. heartfelt, earnest
prayer In our daily business rush.
we are too prone to overlook PRAYER,
but tell you. my friends. without IT,
/ there is no hope"
Plea of Judge Wells.
Judge Wells urged his hearers -
always look up to God The presi-
lent has asked us to pray for the sue
cess Of our armies, said Judge Wells
We should not only pray for that
I success now, but we must always put
our faith and trust In prayer. There
is too much selfishness in our midst,
And let me tell you that selfshness
and self cannot mix with righteous
ness and prayer. We must separate
them. and when we pray we must get
AWAY from self. and leave II all In
the hands of God. who will take care
Of us DO not enter into anything
without first consulting our Father in
| PRAYER
During the progress OF the meeting
Onward Christian Soldiers Amer
lea" and The Royal Diadenn" were
sung by the audience, and the sweet
strains could be heard many blocks
away
i At the conclusion a collection was
taken for the suffering Armenians
quite a sum being realized by the
collectors who passed through the
crowd and received the offerings in
their hats
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-05-31

certainly ought to know better
than any man living what EATON
&c will dol My say-so should mean
everything in this matter. When
l advise you to try EATONIC
Tablets, you have all to gain--noth-
ing to lose-by doing what tell you,
tor | will make good to you If
EATONIC fails to give you imme-
diate stomach relief. Here is my
personal offer: Buy q large 600 box
of EATONIC from your druggist
today. Use it according to direc-
tions, and if you are dissatisfied
for any or no rcason-with results,
just mail me the empty carton, and
will personally, at once, send you
the money you paid; literally, you
can't lose on this offer!
II | did not positively KNOW what
FATONIC Tablets would do--if I
were not absolutely convinced of
their power to afford swift and sure
stomach relief-could I afford to
stand right behind EATONIC in
this personal, open way, using the
public prints to state my Utmost con-
victions as to its remarkable power?
Surely not! 1t is only because /
DO so strongly realize the beneficial
effects OF EATONIC that I would
consent to sign my name to public
statement in behalf Of EATONIC,
which earnestly believe is the posi-
tive and final solution OF the
GREAT AMERICAN MISERY"
Indigestion and Dyspepsia.
Yes-StomachT Trouble bis the Great
American Miseryl" The world calls
Us q nation Of dyspeptios, and we can
not In fairness deny it In come