davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
AMERICAN TOBACCO
NOTE ISSUE TAKEN
Morgan & Go. Cut Call Loan
Rate on Acceptances to
4 IA Per Cent.

A large oversubscription OF the Offer
ing yesterday or s25,0o0.000 American
Tobacco serial notes by the Guaranty
Trust Company. Chase Securities Cor
poration and Ktdder. Peabody q Co as
syndicate managers. ana the reduction
from AZ per cent. to an per cent. OF
the call loan rate on acoeptances initi-
sted by J. r. Morgan a Co. and fol-
lowed by other lenders, were the out
standing developments yesterday fol-
lowing the money committees decision
on Thursday to curb speculation by In
creasing the margin on loans.
The money committees ruling. while
Il was not looked upon with enthusiasm
BY the borrowers. was regarded. accord
ing TO general expression. as a necessary
step In the direction OF credit conserya-
ton, and its spirit was accepted as pa
riotically as the motorists accepted the
recent ban on Sunday use OF automo-
bilee
In some quarters there were reports
OF hardship. but the brokers were glad
10 have until a week from Monday to
bfing about a gradual readjustment to
the new condition. In the houses OF
strong WORKING capital with wealthy
connections. the new move was accepted
as matter OF course. Several infiuen-
uAi houses found upon examination
mat they already had put up collateral
security aggregating 1913 per cent. on
,he'r loans, the market value OF the coll
Aterai having risen since tho loan was
contaminated
The chief criticism against the form
" statement issued by the money COM
niuee appeared to be directed against
'ais clause in the letter written to Gov
thor strong by II. @. u. Noble. president
arlr Il. tsrfl
cVmmlttee may later find II desirable to
recommend a further increase in mar.
ems II was held that such a clause
tended 20 unsettle the sentiment Of the
investment buying public to an extent
uhwarranted by the present financial sit
vauon, II was pointed out that the
measure actually increased margin re-
9u'rements only 8 1-3 per cent, that is
rom 100 per cent. to $50 per cent. and
was not as drastic as had been antici-
pateo, although the warning. they said.
rOooed the action of any mildness that
might be construed from the initial step.
me effect OF the money committees
sclion was seen I'm the reduction I'm the
volume Of trading despite the liquidation
W some thinly held accounts, The total
lumber OF shares to change hands yes
trday was about 100000 compared to
On average OF 10000 shares on recent
osys A. the same time certain issues
which had moved upward recently lost
some ground yesterday, but on the
Nhoie bankers said, the market with
5000 In manner satisfactory to bank
ing interests the news OF the new method
70 check speculation. In their opinion
,ete was no doubt that the increase
" margin TO 80 per cent. would prove
emcaeIous, removing from investment
Sonslderation fear that q stiil higher
margin will be required.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
STEADY TONE TO COTTON.
Market Closes at Net Advance OF
IA TO as Points,

While early advances on smaller gin
ming ngures than expected wero not
fully maintained. the cotton market
showed q generally steady tone yester-
day and closed at a net advance of 80
10 45 points. December contracts sold
up to 1890 during the early trading.
eased OF to 1859 and closed at 29.7i.
After opening firm at unchanged prices
TO an advance OF 2S points, active months
soon sold 81 TO sc points higher in
consequence. but the bulk of the de-
mand appeared to come from shorts,
AM after it had been supplied prices
turned easier under realizing. The
larger exports reported for the day
helped to steady the late market. but
after the first furry OF covering had
subsidized trading was comparatively
quiet, with fluctuations resulting from
small orders.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
HENDEE NET PROFITS GAIN.
Earnings Jump 60 S74O,891 I'm
Year Ended August al.

Hendee Manufacturing Company, ac-
cording to the annual report issued yes
teriay for the twelve months ended
August 81. earned net profits of $Ti0,6el.
This compa red with s5se.765 In the pre-
ceding year. Dividends paid on pre-
ferred stock totalled $136.s00 against
sl54,O56, while deduction OF Slo2 $50 WAS
made for retirement OF preferred stock,
compared with 100000 IN the previous
year. leaving surplus Of s5ol,I0s against
s235. seq.
The profit and loss surplus after de-
duction OF s1,8O0.000 for reduction OF
good will amounted 10 s645,225. This
does not include any reserve for war
taxes. estimated at $780, 900. on the oper-
atoms Of the year ended August 81, 1918.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
"Modern MiIIer's" Outlook.
Special DespafcA TO THn svx.


CHICAGO, Oct. 25.-Modey1t Miller says
winter wheat area OF $4,000 900 acres
' "as probably been seeded for the 1919
.ctory crop. The total seeded last year
vas i4l70,o00 acres. but only 38,3s2, 900
Actes was harvested The Government
aSNe'l for 100000 acres for this year.
= complete report of the various States
~ the winter wheat belt shows the fol-
owing Increases In acreage:
states. per cent. increase over acre
Se lSlI; Ilninois. "a; Missouri, 20 4;
mona, IS: Nebraska. Is; Indiana,
So Michigan, II; Ohio. 13.3; Kansas,
~ Kentucky, 10; Tennessee. so, and
'sAas' so, Hessian fly Is reported In
catered sections OF Illinois, Indiana,
NAhsaf, Missouri and Nebraska and
S Si arouEhty conditions in a few Of the
o1ateS Corn movement IL restricted by
car scarcity"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
WANTS TO SHIP CORN HERE.
Argentina Seeks Market for Cereal
In United States.

I'm United States.
Members OF the grain trade have been
pushed lately by the numerous intima-
lions that large amounts OF Argentine
corn would be imported to American
points. The reports seem to have
originated from advices indicating that
there 10 large surplus Of corn in
argentina and that farmers are anxious
10 sell. It Ia clear that unless the corn
II moved thore will be considerable
deterioration In quality from its present
nigh standing. At leading centres In
Argentina corn 10 quoted at only
ABOUT IS cents bushel.
This price for Argentine corn COM
pares with our corn at New York rang
ing from 1856 TO s1.7s, according 10
grade. Under ordinary circumstances
there would be substantial margin
Tor buying corn In Argentina ana
shipping II here. but the great drawback
now 10 the scarcity OF tonnage for such
operations. In some previous seasons
Argentina has shipped from five to
eighteen million bushels OF corn to
American ports. but thus far this season
the arrangements have been for barely
more than a million bushels.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
COTTON STATISTICS.
Liverpool Cotton Market.

LhvERroo;., Oct. 90. - Cotton - Spot,
quiet; prices lower. American middlns
fair. 24.05d. good middlins. 23.3ed,
middling, 2e.7sd. low middling, 2I6sd.
good ordinary. 2o.1ed. ordinary, 1864.
Sales, 1000 bales, including 1900 Ameri-
can. Receipts. 5000 bales. including
1900 American. Futures closed quiet.
Weekly cotton statistics: Imports,
$4,000 bales: American. 10000. stock
10000 bales: American, 100000. For
wsrded, $4,000 bales; American. $4,000
Sales, 5000 bales; American, 1000.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
N. P. R. ACCEPTS CONTRACT.
Railway to Receive s3O.13O,O0S
Annual Rent.

Northern Pacific Railway stockhold-
ers at a special meeting held yesterday
voted una nimously to authorize the di-
reetors to conclude the railway rental
contract with the Government
The amount of compensation to be
paid the road. as certified by the Inter-
state Commerce Commission. is s30.-
10000. This amount Is subject later
TO slight modification.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
London Money Market.

LONDON, Oct. 25.-Closlng-Money. .
per cent. Discount ratss--Short and
three months bills, 1892 per cent.
Gold premium At Lisbon, 100. Consols
for money, 59&. British per cent.
loan, s6ls. British AZ per cent loan.
lOnN
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
New Orleans Cotton Market.

NEW ORLEANS. La. Oct. 26.--The cot
ton market stood at net advance
throughout the session to-day. The close
was at a net rise OF ~ to 80 points.
Closing bid: January. 2S.lsc.: March.
27,90c. May, 27.73c. ! December. 2s.4sc.
Spot steady: middllng, s97sc.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26

iI,aIi good heavy 1l79o0l7.S5; bulk,
tlG.lOdifs25.
Cattle-ltecelpts, 1900; steady Native
beef steers, Sli,boTlS95; ycArlng steers
anI h"if"t-, - i"H % 80, covs. s!5osl
l2.5o st"ckers and feeders. tS.50Rl2: fair
10 prime southern beef steers. $lORlS;
beef COWS ana heifers s75oul IL: native
calves. SI.75alf.GJ
sheep Receipts, 800; steady Lambs
siG5od Vs. q ewes, 81 dig, Gamers and
choppers, Nde, 80
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26

Exports from New York yesterday in
cluded Wheat. bu.. 2a3.55s cornmeal,
bbls., ESQ grass seed, bags. l,il3; lard,
lbs. 1853, $50; -four, bbls. 3s,3l5; rye
-four, bills, 4,t4s; bacons. lbs, 1.llS.441:
hams, lbs, 23s,220,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26

Trading Quiet ON Bourse.

PARIS, oct. 25.-Trading was quiet ON
the Bourse to-day. Three per cent
rentes, go francs for cash. Exchange
on London. 20 francs ! centimcs. Five
per cent loan, SIS francs 65 ceniimes.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
Dss Moines Electric Company
First Mortgage SO Eonds

American Trust Company, Boston. Massa-
chusetts, Trustee under an Indenture OF
Trust with the Des Moines Electric Conn
psny dated November z. 1908, hereby gives
notice that IL holds the sum of Twenty
eight Thousand -Four Hundred Nineteen
and S-l00 Dollars tss<l9,2S for the pur-
chase of First Mortgage bre Bonds Of the
Trust, and that sealed proposals offering
said bonds to the amount of said sum or
any part thereof endorsed "proposslH to
sell Des Nones Electric Company First
Mortgage Five Per Cent, BONDS" will ho
received Mt the otfce OF the undersigned,
90 state Street. Boston, Mass, until noon
November q, 1918.
The right is reserved BY the said Trustee
to reject amy or all proposals, Interest on
accepted bonds Will cease aud determine
November $, 1919 =,
AMERICAN TRUST COMPANY. Trustee.
by c. II. BOWEN. Secretary.
Boston. October Al, 1918.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
Minneanoiis Grain Market.

MINxEAPoTIs, Oct. 25.-Barley, $50
otc, Rye. Sl5sg1,59. Bran, s279i.
Flax, s8.s2.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
EARNINGS STATEMENTS.
Railroad.

CANADIAN PACIFIC.
Third week 0ctober--
Gross esrnings,..,..... S,5osoOo Inc. $4,000
From January L.
Gross earnings. lisbSsSs3 Inc. $50, 20,
GRAND TRUNK.
Third week October
Gross earnings. ,.... H,29sis5 Inc. ss7s,2ss
From January l.
Gross earnings. 56.e5l.S5O Inc. TTas, SO
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
INSPIRATION CONSOLIDATED COPPER co

Tho Directors have this day declared a
day. October rs, lPis, to stockholders OF
record at 400 o'clock r NJ: Friday, De-
tober -, lRls. J. W. ALLEN, Treasurer
New YORK \ y sent 80. lels.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
DIVIDENDS AND INTEREST.
MARLIN -ROCKWELL CORPORATION
SAT Madison Avenue,
New York (ity

New York city.
The Board OF Directors " the Nariin-
Rockwell Cooperation have this day de-
clared a dividend OF Six ,tj0Ol Dollars per
shars, payable AZ follows:
one Nl .00l Dollar per share payable
November IL, 1918, to Stockholders Of Rec
ord at the close Of business November T.
lslS, ana
one ,iI,OOp Dollar per Ehnro payab,.
December II. 1918, January H. February
II. March Ii and April II, 1919 each. to
Stockholders of Record at the c,ose OF
business December 4. 1918. January 4,
February T. March 4 and April 4, 1919, re-
sprctively.
Stock Transfer Books will he closed for
period from November I, 1918. to and in
9Th to and Including the nth DAY Of each
~ the months OF December. 'ais. January,
February. March and April 1919, rcspoo-
ALBERT NEwCoMBE. Treasurer. .-.
New York city, october 90. 1915.
THE ericsson CONSOLIDATED GoLD
Mining n MILLING 20.
DIVIDEND No ~.
Amount, tl2g,0O0.UU.
Total amount to date, S7,GgTlGa 90
Notice Ia hereby given that n distribution
Of ten 1O) cents per share has been or
dered paid from funds received from tho
March /, 1918 upon all outstanding stock
OF The CresSon Consolidated Gold Mining
& Milling Go.
Payable November 10th, 1918 to stock
holders OF record October Sls;, ials
BY order OF BOARD OF Directors
ADol.PH 2ANd, Secretary.
AT A MEETING OF the Board Of Di-
rectors of the Pennsylvania Goal & coke
Corporation held this day there was de-
clared regular dividend Of 2'o and extra
dividend NJ To- out Of tho accumulated
earnings aud surplus Of the Company paw
able ON November lin, 1918, e. stockhuld
November 6th, 1915
october 20, 1915
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
OUT OF TOWN MARKETS
PHILADELPHIA
RONIla

tsooO Am Gas a e Re 500 81 so, sol
1000 DreNel n Co ctfs 100 100 qats est!
leo Flee = PEG 4s -. ~ nv M III
5000 Lake Sup inc S.. 50 90 "A K,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
Public UtiIity.

LAKE SHORE ELECTRIC.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-26
Quotations Unchanged.

Old metals, chemical and sugar quota
tons were unchanged YESTERDAY
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
WOULD SELL CURRENT
TO PRIVATE CONSUMER
From Council 10 Dispose OF Sur
pins Electricity TO Public.
TO CoMMERCI.,LIzE PLANT
Believe Can Save City Money and In
crease Annual Revenue bv Compete
ing With Private Corporation--Gocs
to Board of Aldermen.

The administrative board yesterday
started the bali rolling toward the
contamination of one of It's pat plans,
when It forwarded to council res
olUtion asking authority to buy or
sell electricity" The resolution IL
desaSued to give the board the power
to sell current from the city electric
plant thus coming into competition
with the Virginia Railway and Pow
er cen gany and any other CONNER
cial agent who now, or hereafter. r1ay
sell power or current.
The board has discussed the subs
ject many months. and has ascertain
ed from Superintendent Trafford that
citizens can save money by" using
city current and that about S30.es1
yearly in revenue can be raised BY
entering the commercial field.
If the paper ever gets to the floor
of council il is generally conceded that
there viii be something of a fight for
the Virginia Railway and Power COM
pany claims that the revenue from
this end of it's business is an import
ant item in running its street car sys~
TEN.
The paper was forwarded to tbs
mayor, and through him viii be pre-
scented TO the board of aldermen next
Tuesdav night The resolution, which
is in the shape of an ordinance readr:
a. That the administrative board
be and is hereby authorize and -efu
powered to enter into a contract, or
contracts. with any person. firm or
corporation. for the purchase OF
electricity to supplement the supply
of current generated by the city cleo
trie plant or for the sale OF any cleo
tric current generated By the said
plant which Is not at the time of en-
tering into said contract or contracts
utilized or needed for the lighting and
power requirements Of the city streets.
parks. public buildlnsg, or other city
departments. The said contracts to
he made upon such terms and condi-
tons as may appear to the best in
terest Of the city, but no such con
tract shall be entered into for
longer period than one year, renew
able annually.
(2) All ordinances or parts of ordi-
nances arc herhy repealed insofar as
the same may conflict herewith.
(S) This ordinance shall be in force
from Its passa ge.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
Federal Agents
Search For Spies
on Norsk Liner
Board Steamer Helligolav on
Arrival in Port-American
Girl. Passenger, Tells of Con
ditions in Hamburg.

An American port March IA Wig
orous spy hunt was started on the
Helligolav Of the northumberland
can line when she arrived here today.
Federal agents instituted a search OF
the personal effects of 4S2 passengers
and members of the crew.
Herr Richard B5erIe and Herr Lau-
ritz Dorenzelt sent by Norway on a
special mission, were among the pas
sengers. They are under instructions
to see President Wilson and Score
tsry Lansing with the view to have
the food embargo against Norway
lightened.
Four American girlsse the Misses
Beatrice and Frances Mccain. who
were born in Chicago. and their SITS
ters, Pauline and Elizabeth. born in
Hamburg. were also among the pas
sengers. The girls parents, who went
TO Germany eighteen years ago, dfed
recently IN Hamburg. Frank McCann.
their brother. is detained in Germany.
The girls were permitted some weeks
ago to cross the border TO Norway.
when they came here.
we probably owe our release to
the scarcity Of food in Germany" said
Miss Beatrice.
Food conditions are becoming
worse every day. It is practically inn
possible to obtain wheat -four. Rice,
barley and rye are being used on al
ternate weeks as substitutes for wheat
-four. The authorities are not allow
ing six pounds OF potatoes TO each
person per week and everybody has
to carry food card to obtain the al
lowance.
Food conditions, I believe. are not
quite so bad as they were last win
ter. but that Is probably because the
people are becoming used to starya-
tion conditions and are curbing their
hunger, thereby reducing the demand
Everybody IN Germany seems to be
wanting peac in the worst way.
Peace discussions are becoming gen
eral and peace parades are held fire.
quently In the big cities.
Nobody there seems To make any
secret of his feelings against the
kaiser any more Remarks that in
former times would have been re-
garded as reasonable are to be heard
every time one steps outside the door
Socialists have increased In num-
Der. but as a body they are not very
aggressive In their work FOR peace.
Complaints against the failure Of
the U-boats to bring about a German
peace are 70 be heard on all sides. II
seems to be the impression that peace
will come this summer, but everybody
Is thoroughly convinced that 1t win
be German peace"
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
TWO ATTEMPT TO ESCAPE
FROM HTSTTNGS COURT

Some excitement was occasfoned- in
the prisoners room of hustings court
in City Hall, yesterday afternoon.
when It was discovered that Charles
Edwards and Henry McDunnell, just
convicted of grand larceny and given
two years In the peftitentiary In two
cases, had attempted TO cut their way
through the door of the room, In an
effort to escape.
They were reported by a fellow
prisoner. and were found to have Sc
cured possession OF A fret saw with
which they had cut portion of the
panel to the door. They were re-
moved to the city jail, and will be
taken to the penitentiary in a day
or two, sentence having been impos-
ed by Judge Richardson yesterday.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
CONGRESS AGREES
Continued from First Page }

OF the making OF tho same, In de-
termlning any question concerning any
such rates. fares charges, classified
lions, regulations or practices or
changes therein, the interstate COM
merce commission shall give due con-
sideration To the fact that the trans
portation systems are being operated
under "a unified and co-ordinated ma
tional control ana not in com petition.
Power for Commission.
After full hearing the commission
may make such finding and orders as
are authorized by the act to regulate
commerce amended. and said findings
and orders shall be enforced as pro-
yided in said act.
Provided, however, that when the
president shall find and certify to the
Interstate commerce commission that
In order 10 defray the expenses ,of
federal control and operation fairly
chargeable to railway operating ex-
penses, and also to pay railway tax
acCruals, other than war taxes, net
rents for joint facilities and equip
ment. and compensation to the car
riers, operating as unit, 1t is neces-
saTy to increase the railway operating
revenues, the Interstate ommerce COM
mission in determining the business
ana feas0nab!2neSS OF any rate, rare,
charge, classification. regulation or
practice shall take into consideration
said finding and certificate by the pres
ident together with such recommended
tions as ne may make"
About 100000 is lost annually to
the roads through an amendment de-
nying them a return on the improve e.
ments and extensions made In the six
months ended December 81. 1917.
They had asked this. in addition to
the three-year average
Roads, however, which can show
that by reason of reorganization they
spent extraordinarily large sums oa
improvements during the three years
are given permission to make an
agreement with the president for ad-
ditional com pensation.
Congressional leaders called atten-
ton tonight TO the right of the various
railroads 10 refuse the terms laid down
in this bill The constitutional right
of the railroads, they said, Is TO have
their compensation ae'* ed in court.
They said the bill was drawn fair
w. even generously. to the roads, so
that the terms might be accepted and
the delay OF law suits avoided,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
MANY REVENUE OFFICERS
TAKE TAX EXAMINATION

Revenue men from the various sec
tons OF the state, acting under United
States Revenue Agent Brame, met in
the latter's office in this city yester-
day and the day before, to receive
their assignments and instructions on
the work that will be done toward
the breaking up of Illicit distilleries.
the drug business, and other lines of
their work, during the next few
months. About twenty-five men were
present. and i'm addition to the instruc-
tons and assignments. they each took
an examination on income tax work,
in an effort to bring to light any at
tempts to evade the United States in
come tax laws. The conference end
ed yesterday.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
Kscnrsor{% and Petersburg
STREET PAGEANT WILL
Continued from First Page.

Il
been invited to march in the parade
The mayor has announced he will
issue a proclamation declaring March
% as Thrift day"
The committee in charge has &C.
cured the cooperation of all the civic
societies, as well as the cooperation
of the women OF the city. A woman's
committee will sell stamps from booths
in prominent parts of the city on that
day.
The committee chairmans to ar
range the big event are as follows.
Women, Mrs. John Hayes: music,
Walter c. Mercer; floats. Carl H.
Bcschen and Godkin Boykin; military,
Colonel w. M. Meyers; speakers. H.
E. Litchford: proclamation. Governor
Davis and Mayer Ainslie. decorations.
C. r. NorvelI; ushers, c. l.. Weaver;
tank, J. T. Palmatory and j. p. Wal
ford: publicity, DIR. II. p. c. Maclach-
Ian. reception. T. Nj. Darlington. au~
ditorium, M. Fl. Adams.
The following organizations are
expected to have floats: Red Cross,
War Relief society. Army r. M. c. A.,
War Savings Stamp society, Soldiers
and Sailors War clubs, Y. w. c. A.
knights OF Columbus. and the COM
mittee on training camp activities
Many other organizations are expected
to join.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-03-08
TWO MAYNARD BOYS ARE
GIVEN ANOTHER SHOW

Justice Crutchfeld's big heart
spread all over the police courtroom
yesterday In one OF his not rnfrequent
outbursts In behalf of the Maynard
boy. TWO lads, who had been led
away from the straight path. and who
had been unable to Withstand the
temptation to take two coats be-
longing TO an attache OF the RAN
road Y. NJ, &. A, were the subjects
under consideration. The good Jus
tice did not want to be party to the
destruction OF their future hopes and
aspirations, so, in the face of poet
tive guilt on the part of the boys. the
case was tabled for future reference.
and the boys were held pending dis
position of the case in day or tive.
without a conviction.