davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-03-24
Regular Declarations

American Power & Light Company
Quarterly dividend of 11a per cent on the
preferred stock, payable. April l to stock
holders of record March go.
Canadian Crocker-Wheeler Companv.-
Quarterly dividends of IA. per cent on the
common and lA per cent on the preferred
stock. both payable March 10 to stockholders
of record March 20.
Central Illinois Public Service Company
Quarterly dividend of IL. per cent on the
preferred stock, payable April Is to stock
holders of record March go
r, Colorado Springs; Light, Heat s. Power
Company.-Quarterly dividend OF I1a pc,
cent on the preferred stock. payable March 80
to stockholders of record March 10.
Corn Products Reining Company.-Quar-
tery dividend OF IL. per cent on the pre-.
ferrec stock, payable April Is to stockholders
OF record April /.
Kansas City Light & Power Company
Semi-annual dividend OF $3.50 per share on
the preferred stock. payable April | to stock
holders Of record March Is.
Locomobil9 Company of America.-Quar-
tcrly dividend of lA per cent on the pre-
ferred stock. payable April l to stockholders
OF record March 80.
Mainc Central Railroad Company.-Cuar-
terly dividend Of ! Y per cent on the common
stock. payable April l to stockholders of
record March 10.
Michigan Limestone & Chemical Company.
Quarterly dividend of q per cent on the
preferred stock, pakable April Is to stock
holders of record March 16.
National Tool Company. Quarterly dvi-
eends of 3 per cent on the common and L..
per cent on the preferred stocks, payable
April to stockholders of record March o.
Omaha & Council Bluffs Street Railway
C0mpnny.--Quarterly dividends of l per cent
on the common and a per cent on the pre-
fcrred stocks. both payable. April l to stock
holders of record March 16
West India Electric Company.--Quarterly
dividend Of l u per cent. payable April to
stockholders of record March 23.
West Penn Power Company.-Quarterly
dividend of Ia per cent on the per cent
cumulative stock, payable May l to stock
holders of record April 20.
York Railways Company.-Quarterly divi-
dend Of / 4 per cent on the preferred stock,
payable April 80 to stockholders of record
April 90
Alabama Fuel & Iron Company-Quarter-
ly dividend Of 4 per cent. payable April /.
Atlantic Steel Company.-Quarterly divi-
dend of ! IL nov cent on the common stock
,aynble April I.
Babcocs -. Wilcox Company.-Quartery
dividend Of = per cent. payable April | to
stockholders of record March 81.
Nassau Light & Power Compnny.-Quar-
terly dividend of 2 per cent, payable March 80
National Park Dank.-Quarterly dividend
of per cent payable April l. to stockholders
of record March %.
Tucketts Tobacco Company-Quxrtefly
dividend of ~ per cent on tho preferred
stock. payable April Is.
New-York tribune., 1918-03-24
Stocks Fall ON
News of Break i'm
British Line
Decline Checked After
Drop of l to q Points in
Active Shares

Wall Streets reaction to the war
news from the West front was break
of 1 to points in the price of rep
resentativc issues at the Stock Ex-
change yesterday. Activity broadened
sharply, but there was no more
generalization in the market perform
aAce than there was perturbation in
banking circles. The reported break
in the British line came as shock,
but important financial interests en-
pressed confidence in the ability of
the Allies to check the effort of the
German forces. The report that the
Germans were shelling Paris with
long range guns did not reach the
Street until after the markets had
closed for the day
Dealings in the two hours OF trad
ing fell barely short Of the half million
share mark. While the pressure OF
offerings was heavy throughout the
session it was asserted that the bulk of
the selling came from professional
sources and that of actual liquidation
was really very little.
lower on moderate dealings, but ran
into heavy selling when private re-
ports reached the Street that the Ger
mans had broken through the British
line of defence west Of st. Quentin.
When this was confirmed later by the
British official war statement there
was another wave of selling. The
majority of stocks made only slight
recovery from the low prices of the
day, but the decline was checked.
Shares of the United States Steel
Corporation at their weakest fell 2lk
points to S01A, afterward recovering
at the close 70 SS12. American Loco
motive lost 3la Railway Steel Springs
8, Sloss- Sheffield Iron & Steel 3L4
Baldwin Locomotive 212, and Crucible
Steel as. Among the railroad stocks
Lehigh Valley lost points, Atchison
-, Southern Pacific 2l1, Union Pacific
21s and Reading 21a
The United States government war
loan bonds were firm, the Liberty Loan
3i4s showing slight loss at 1924.
while the first and second as advanced
small fraction. The bonds of the
Allied governments traded in here
were steady, the Anglo-French per
cent issue yielding Is. The City of
Paris per cent notes declined u,
while the other French city issues lost
fractionally.
New-York tribune., 1918-03-24
Copper Share Dividends

1t is estimated that the March divi
dend disbursements of the leading cop
per mining companies will approximate
S2o,ooo,ooo, compared with $23,o7o,5s
for the December and $21,264,834 for
March year ago. During the first quar-
ter of this year copper share dividends
will have totalled about S37 700 900.
Since the middle of last year the ten
dency of copper company arrangements
has been to reduce dividends, and with
but one or two exceptions this policy
has been followed. CRANKY ConsoE-
dated, with d Canadian charter and
free from the provisions Of the excess
profits tax in this country. is one of
these exceptions
New-York tribune., 1918-03-24

Announcement that the Germans
had preached the British line at one
poin. was followed by a sharp break
. in stock prices, the result of heavy
professional selling and probably, to
some extent, Of short selling by those
who were willing to take advantage
of the uncertainty to scalp a profit
ty contributing to the decline. For
the most part, however, the selling
seemed to consist of liquidation of
speculative holdings. The break
started at the beginning of the day,
with opening prices in the more ac-
tive issues averaging somewhat less
than point below the closing quo
tations on Friday, and as the news
spread selling orders increased in
volume, SO that for time it an
peared that the break might be Sc
rious. But before the close substan
tiai support appeared, and while
there was nothing like a rally the
decline was definitely checked. It
was fortunate that the technical po-
sition of the market was unusually
strong. The speculative position
was not large, the public has been
holding aloof for several months and
liquidation had already carried val
ues down to a point where selling
pressure met with great resistance.
more especially as there apparently
was considerable short interest in
the market. It is probable that the
decline would have been even less
severe than it was had the news been
received on any other day than Sat-
urday. But this is a professional
market, and traders are VIGOROUSLY
cautious about maintaining specula-
tive positions over the week end
when the least uncertainty exists.
For the same reason there was less
disposition to purchase stocks by
many Of those who otherwise might
have taken advantage Of the decline
to make commitments on the long
side.
New-York tribune., 1918-03-24
Doubt as to Steel Prices

Reports from Washington that the
steel price schedule adopted at the con-
ference between the War Industries
Board and the manufacturers last week
will be effective only during the second
quarter Of the year were received with
disappointment in the trade here. The
producers had asked that the new
prices remain in force for from six to
nine months. 1t was stated that the
shorter period would tend to unsettle
conditions. Nevertheless, it was as
sumed that as government railroad
equipment purchases are to be based
upon steel prices over half-year
period, the report that they will be
fixed for three months must be taken
with reSerYa
New-York tribune., 1918-03-24
Dollar in Foreign Exchange

Neutral exchanges displayed strength
last week in a quiet foreign exchange
market. The taking Of Dutch ships in
United States and British ports result
ed in a further advance in guilders,
which went as high as 4624 cents for
cables, a new high record. In foreign
exchange circles the opinion was cX-
pressed that the taking over of the
Dutch vessels will be likely to improve
the mail facilities and thus help the
exchange situation generally.
Scandinavian rates were marked up
! in sympathy with guilders, Swedish
crowns reaching 331 Y cents at the close
of the week, an advance of ia cents
compared with the week preceding.
Swiss francs also improved. Spanish
pesetas sold at a new high record above
2512 cents, following a steady ad-
vance in the rate in the London mar
ket, where there have been active deal
ings.
Toward the end Of the week demand
sterling bills advanced to $475$s, up
116, and the highest rate quoted i'll
months. The only explanation for the
ping situation brought about by the
seizure of the Dutch vessels would re-
suit in freer movement of merchan-
disc and greater certainty Of the
transportation Of bills. Most of the
business in sterling, however, is in
cable transfers, the rate on which was
unchanged last week.
If you calculate the cost of the dollar
in terms of foreign money at par value
that is, as if you were buying dollars
with pounds, marks or francs-its
value at the close Of last week, as
compared with a year ago, would be
about as follows:
New-York tribune., 1918-03-24

5 Consciously or unconsciously, those
vho sell stocks because the German
drive appears to have temporarily
met WITH some degree of success do
3 50 either on the assumption that the
var will be prolonged thereby or be-
cause of lack Of faith in the ultimate
victory for our cause. The first is
ct least debatable, but the second is
only despicable.
New-York tribune., 1918-03-24
Maine Central Earnings

Operating revenues Of the Maine
Central Railroad for the calendar year
1917 amounted to $14.125,576, Of which
S7,3OO,SS6 was earned in the last six
total earnings were $685. ,10S. The
income available for dividends for the
last half Of 1917 amounted to $503, ,101,
compared with $969,l53 for the cor
responding period of the preceding
year. The net income for the entire
year was $1,125,543
New-York tribune., 1918-03-24

Imitation is always followed by de-
fation. A chart published on an
ether page shows that as prices fall
the ratio of business mortality in
variably rises. If the policy of
financing war by imitation is car
ried out, we shall sooner or later see
the curve Of business failures mount
with unprecedented swiftness to a
level never reached in the past.
New-York tribune., 1918-03-24
Saving for War
Makes America
over Effective
Frugality Transfers individuals
Buying Ability to the
Nation
By Dwight w. Morrow

Mr.. MorrcaU is q member of one of
the international banking houses
that, prior to oar entrance Into the
auar, took part IN the American f,aan-
cling Of the French and English acar
loans. He is moao director of the Ne1o
Jersey War Savings Committee.
Over 100 years ago, when England
was battling for her life in the long
Napoleonic wars, the great naval vic
tory Of Trafalgar came as a flood Of
sunshine bursting through black clouds.
When the news reached England a
Guildhall dinner was given to William
Pitt, who had kept his courage through
dark years when his courage was a
priceless national asset. Pitt was ac-
claimed the savior Of England. He
responded in those simple words that
Englishmen have always remembered: :
"No one man could save England; !;
England has saved herself by her ex-
ertions, and will save Europe by her
example"
How truly both England and France
could make that same statement to-
day! No one man, no one group of
men, could save France. France has
saved herself by her exertions and will
save the world by her example. No
one man, no group of men could save
England. And Belgium! Belgium,
with one little foothold on her devas-
tated and ravished land! 1t may be too
early to say whether or no Belgium has
saved herself by her exertions, but
surely it is not too early to say that
Belgium has saved the world by her
nXan1n lie
New-York tribune., 1918-03-24

The above rates express The cost Of
foreign money in terms OF the Ameri-.
can dollar. You buy an English pound
sterling at, say, $4.75n. The intrinsic
parity IL ;a.SsM per pound. Thus you
say either that pounds are at discount
or That dollars arc at premium, which
Is diving to the fact that in England
the demand FOR dollars with 'Ai,'. to
gcttle accounts In this country is greater
than the demand in this country for
pounds with which to gettlc accounts in
England.
New-York tribune., 1918-03-24

They' ought to support the mar
sket in order to insure success of the
next Liberty Loan" said a ten share
speculator as he gave an order to
fell his precious odd lot.
New-York tribune., 1918-03-24


twelye oanKs the close
100000 " ~ o''O0u"'s io' "en'oeis s1o-
RESOURCES
Gold
Geld settlement fund (F 379s65Ooo 3725o8ooO
Gold with foreign agencies 525oooco
Total gold held by banks soo25oecoo
Gold with Federal Reserve eo62Soco
1o'd redemption fund 211140O0 21os60oo
Total s1so2e14ooo s1ea24aooo
Legal silver,
Total s1ss2s72ooo $1s52 $4,000
;s uSc9un me enabers 54319ooo 57484ooo
0'S O0"s"' III 32838C,Co1 323246OO0
lotal bills on hand Sao732ooo
United States securie. cno
nted AZ % ntates govn short term securities
an o"er earning assets. 424o,O0O
49, Total earning assets s1o7135ooo
ue Lo Ieea Reserve banks-net 100000
0"O01oS'eo 4e"s 36782,000 3571470O0
Total deductions from depts.. sss75eooo
fund against Fed
All other an hssenye I Bank notes $4,000 $4,000
'-' N''NA A0'ouiee'
Total resources ssAoas95ooo sas3oo7aooo
LIABILITIES
Sn1nn Snpnns paid s4oooo
100000
oon odstjon to %emhsr ;t
deposits including form GOVT Credits 'ooo 299oo s24a
Total ss75ooo s1ss275ooo
Eedera eserve n IN actual circulation 15090oo 106228000
federai reserve Bank in circulation,
All other SSS asS7eoo SSSS ssooso
Total liabilities $34oae5ooo saaaoo73ooo
to
ties combined, 614 befor
Ratio of Reserve
ties combined 6S4 per cent Week be fore, CAS-
New-York tribune., 1918-03-24
Winning War
Nation s Task

Our task is to see that the exertions
Of the Belgians, the French, the Eng
lish and the Italians shall not have
been in vain. The people of the United
States must save themselves by their
eXertions; they must help to save the
world by their example. No public Of
fetal, however able, however diligent,
can save them. No ordinary financial
operation will produce the sums of
money that are needed. The people
of this country must do as France and
England have done-they must put
into this fight the exertions of whole
people.
The business of this whole country
at the present time is war. There is
going to be plenty Of work for the
men and women of the United States
to do. There is no reason why any
man or woman should be idle. The
government is dsbursing approximate
ly s2O,oo0,ooo,oo0 this year-mostly for
war purposes, both on its own account
and for advances to the Allies, to be
spent in this country.
1t is inconceivable that such a sum
of money can be spent without having
the business of the whole nation going
at the highest pressure. No man, no
woman, can be permanently out of
work when a great nation is calling
for services from all.
But goods and services are not un-
limited in quantity. They are limited
New-York tribune., 1918-03-24

Silver.-Bars in London were quoted
46d, an increase of Id; New Y ork, 92 Is c,
an advance of &c; Mexican dollars,
741ac, up 1c.
Sub-Treasury.-The banks lost $780,
900 to the Sub-Treasury yesterday.
New-York tribune., 1918-03-24
Dividends
Extras

EXCTaS
Indiana Pipe Line Company.-Extra
dividend Of 81 per share has been de-
clared, in addition to the regular quar-
tery dividend of So per share, both
payable May Is to stockholders of rec
ord ADril 21
New-York tribune., 1918-03-24
Elections

q. y. Maharna and +. Il. Walden
have been elected vice presidents Of
tho Corn Products Refining Company.
New-York tribune., 1918-03-24
acceptance Rates.-Currentb bid prices
TOR prime acceptances are as follows.

e1~@S k'V<1IICCS NIV us IOIIOWS.
Thirty Sixty Ninety
Spot delivery: days. days davs.
Eligible member
., banks .......... A14D 49, % 42sqo
eligible non-mem
ber banks: 80. 4I2% 4Ia9o 4Ia%
Ineligible bank
> bills ......... 5A9o 549S 5I4qo
For delivery within thirty days:
Eligible member banks. 45z%
Eligible non-member banks. go. 4s40o
Ineligible bank bills. Oh
Discount Rates.-Offlcial rates of dis
count for each Of the twelve Federal
districts arc as follows:
New-York tribune., 1918-03-24
Money and Credit

The local banks managed to strength
en- their cash position last week, the
surplus reserves showing an increase
Of s2o,650,o20 in the weekly statement
Of the New York Clearing House issued
yesterday. This item now stands at
$54,e65 1870. Loans and discounts of the
banks increased 600 last week
to total Of s4,347,211, 600. Net de-
mand deposits increased s17,573,o 900 to
atotal Of s3,712,119, 900. The statement
showed United States government de-
posits OF s332,954 900. compared with
s244,254, 900 the preceding week.
The statement of the Federal Reserve
I. Bank Of New York showed an increase
Of approximately ss,0oo,ooo in bills dis
counted and bought. The cotal gold re-
serve of the institution amounts to
1909 AL BAT, compared with s579,937,-
/ GOO week ago.
~ The actual condition Of member
banks shown by the Clearing House
statement yesterday follows:
New-York tribune., 1918-03-24

raris Bourse Quiet.-PARIS, March
-0--lradins on the Bourse was quiet
to-day. Three per cent rentes sold at
% francs for cash. The per cent loan
was quoted at So francs 20 centimes.
lhe foreign exchange market was
closed.
New-York tribune., 1918-03-24
Stock and Bond Averages
Bonds

by the supply of raw materials; they
are limited by the number of people
that are available to work; they are
limited by the willingness and capacity
of those people to work; they are linn
tied by the available supply of tools
with which the work must be done.
Every nation when it goes to war
wthdraws from peace industries many
Of its best workmen to fight under the
colors. 1t withdraws many more work
men to make the weapons which the
fighting men must use. And it must
never be forgotten that a peaceloving
nation, unframed for war, must start
almost at the beginning. 1t must not
only make the weapons, it must make
the tools with which to make the
weapons. In many cases it must make
even the tool with which to make the
tool with which to make the weapon.
There are only two ways in which
the government can set what it needs
to save its life; that is, by greater
production and by less consumption.
New-York tribune., 1918-03-24

Below is given the current exchange
value Of foreign money in dollars AMI
cents, together with tine intrinsic gold
parity, rs calculated by the United
States Mint:
New-York tribune., 1918-03-24
Saving Is
A Real Duty

The wage Garner who to-day refrains
from exercising his command over
goods and services and buys war
Savings stamp or a Liberty bond, or
pays off the debt incurred to buy a
bond, is not permanently surrendering
his command over goods and services.
He is temporarily transferring that
command to his government He will
resume the command as the interest
and the principal of the government
obligations are paid to him. He will in
all likelihood resume the command at
a time when the same money will Sc
cure more goods and services for him
than at the present time, when he bids
for them in competition with his gov
erumept.
New-York tribune., 1918-03-24

o!'ls' o9-l6 per cent; gold premium at
Lisbon, 125.0e).
New-York tribune., 1918-03-24

Federal Reserve Banks

Mach 23lhe preparation bird
Liberty Loan in this weeks statement
N"0 u'H'ouns ioi 9-o-
New-York tribune., 1918-03-24

London Money MsYiket---LONDOI,
I Asreh 2S>--Monsy, aA per cent; dir
ssunt rstss fcy short and three months
New-York tribune., 1918-03-24
Cost of one dollar

Closing rates yesterday, compared
with a week ago, follow:
Quoted dollars to the pound.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02

|SALESLAD1ES-Experienced;
in millinery, suits, coats. dresses,
waists, etc; permanent posi-
tons, liberal salaries Apply to
+: MAYER BROS:.& co, :
9N F St NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02
SEWER experienced on ladies'
gowns and skirts; good salary,
permanent position. Apply
RIZIK BROS,
1913 F St. NV.

STENOGRAPHER who has
had experience in insurance
work; for permanent position in
big institution; state speed, ex-
?erience and salary expected ;
give references. Address Box
242-S, Star office. =
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02
YOUNG LADIES'

YOUNG LADIES'
A KNOWLEDGE OF. THE
OPERATION OF THE MON
ROE CALCULATING MA
CHINE IS A VALUABLE
ASSET TO ANY YOUNG
LADY CONTEMPLATING
TAKING A POSITION IN
THE GOVERNMENT. MON
ROE OPERATORS GET
GOOD SALARIES. FOR
FULL PARTICULARS CALL
MONROE. CALCULATING
MACHINE CO., 77 18TH ST.
NV.
zsssss*sfsSa ,sisz;i .Ix,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02

A Message to Young
Women, Single or Married,
of Washington and Vicin-
ity, and to Young or Mid
dle-aged Men
THE HEIGHT co.
Expects to fill many inn
portant positions very soon
and is ready to receive ap-
plications from experienced
or inexperienced persons
who have ambition and
would like to get ahead.
Many Of the openings are
in selling departments;
others are in non-selling
departments; all are espe-
cially attractive in every
way, and nearly all give
opportunities Of earning
liberal bonuses besides
salary, which is generous.
We have openings for fe-
male help now in these Sec
tons: Ladies suits, ladies'
waists, in fants' wear,
muslin underwear, shoes,
hosiery, uph olstery,
drapery and bedwear.
For male help. positions
are open as follows: COL
lectors. shipping dept. re-
ceiving dept, warehouse
helpers, bundle wrappers,
sheet writer's, chaufeurs
and Jumpers.
Among the advantages of
working in this store: We
are interested in you from
the start; our welfare work
er will help you get ahead;
we want you to succeed;
easy hours; bright, pleas
ant surroundings in one of
Washington's handsomest
stores; light, clean work.
Come in and talk it over
with our superintendent,
Mr.. NARROW, first floor.
balcony.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02

THE PALAIS ROYAL,
11th AND G srA
Wants at once the follow
ing additional salespeople:
SALEsWOMEN for
Draperies, Linens,
Lace Curtains, Silks
and Dress Goods,
Millinery,
Muslin Underwear,
Women's Garments,
Jewelry, Art Goods,
Stationery,
Toilet Articles,
Neckwear, Notions.
statesmen for
Silks and Dress Goods,
Linens, Draperies,
Lace Curtains,
Housefurnishings.
STENOGRAPHER
also typists and bright
young women to assist in
Office work.
coLoRED WOMEN
reliable, as bundlewrap-
pers, stock clerks, etc.
SHIPPING CLERK
for furniture also leaders
for furniture trucks.
FURNITURE FINISHERS
and men to uncrzte fur
niture.
ASST RECEIVING elk,
CHAUFFEURS,
PORTERS,
ELEVATOR OPERATORS,
also men and boys a.
stock clerks.
GOOD 0AIARfBS AID PERMANENT
POSITIONS. APPLY TUESDAY.
THE PALA1S ROYAL,
11fh aud = C%e
: -'s.- a.
- ---s' -
-: =. 81 80 -
NAN e1d Vt1ss vhtto q eeaossAs ma - ~
I'D hut3R ea6 enc fsP en-: va1s - cook; Nv.
part Of ety. stay aishts; re&eeeneea rsquifed;
epod waeeA Tel. West 2070 or Main TOT. =
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-09-02

HAIkSG1R14, expefaenced q eandy: day
work only; good salary md atva1eemenf
Eunl.ally's. 12z3 = 1t. NV.
sAI.ESIADIEs. two. wanted At once. rs nth
|SALESLADIES-King's Palace
requires a number of salesladies,
both with and without expert
ence, for all departments, espe-
cially for millinery and women's
suits and coats. Good salaries
and commissions on sales. 80
9TH st.