davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

In view of the urgent need Of
wheat, the increase in farm re-
serves of that grain on March 1
compared with a year before would
be gratifying were it not for the
Sfact that stocks elsewhere show no
material appreciation. "The Chron-
icle' estimates the total supply at
about 275, 100000 bushels, approx
imately the same as the supply at
this time last year and but little
more than half the supply remain
ing out of 1915 production on
March l, 1916. Moreover, seeding
requirements probably will be heav-
Ter this spring, while prospects for
an adequate supply of harvest
labor are not encouraging. On the
other hand, the response to Mr.
Hoover's appeals for conservation
Of wheat has been remarkable, hav-
ing, it is estimated, resulted in a
reduction of 25 per cent in domestic
consumption. Another favorable
feature is that the winter kill prom
ises to be smaller this year than
last, and therefore a substantial in
crease over the 54O,O0O,OO0 bushel
yield forecast last December is not
improbable
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

With prices of most commodities
steadily mounting, it is refreshing
to find one staple that is moving in
the opposite direction, although
with the embargo on imports it is
doubtful if this movement will go
much further. The commodity is
silk, generally considered a lux
ury. Before the war broke out in
1914 raw silk imported from Japan
sold around SO a pound. With the
beginning Of hostilities silk rose
spectacularly, going as high as 81
pound. From that level there has
been slump in recent months, and
at the present time the price is
around IS. japanese silk importers
say that so far the American en-
barge has not affected their i'm
ports Of silk.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Plans to Organize All
Jersey Manufacturers
Council Begins Campaign to
Enroll 5000; To Have
Bureau at WASHINGTON

Warren c. King, president of the
Manufacturers Council of the State of
New Jersey, announced yesterday tho
beginning of a campaign to enroll rep
resentatives of every manufacturing
plant in the state. There are more
than three thousand of them. The
plans of the founders of the newly or
gained Manufacturers Council of New
Jersey do not stop there They hope
that the movement will spread and that
similar bodies will be formed in other
states, bringing the manufacturers Of
the nation in closer touch with govern
ment affairs.
Preliminary arrangements have been
completed by Mr. King for the estab-
lishment of a bureau of the council in
Washington. In this way, it is be-
lieved, government needs can be placed
fairly before the manufacturers, and
the representatives of the manu-
facturers will be on the spot to inform
government officials concerning indus
trial conditions
1t is not intended in any way to in
fringe upon the functions of the Ma
tional Association of Manufacturers or
other national bodies, the organizers
believing that there remain sufficient
tasks to which compact state organiza-
tions of manufacturers can turn their
attention to advantage.
Senator Joseph S. Frelinghuyscn, Of
New Jersey, is said to be heartily in
favor Of the idea, as is the New Jersey
delegation in the House of Represent
tatives. By fixing annual dues at s25
1t is believed that no manufacturer will
decline to join because of the expense.
Appllcatlons for membership should be
sent to Arthur 4. Barlow, treasurer Of
the Barlow Foundry, Inc, of New
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

Unless steel trade statistics have
,,.t barometric value--and in the
oost they have rightly been regard
a as the best available indicators
- the drift of business--it is evil
don't that the REIMBURSEMENT of in
dustry to war conditions has gone
very much further than is generally
realized. Apparently the balance
between supply and demand has
been nearly restored in the basic
trade. Untitled orders of the United
ssates Steel Corporation at the be-
Ginning of this month aggregated
9.2SS,453 tons, a decrease during
the month Of 1S9, 400 tons, and
during the period since the United
States entered the war Of 2,S94,629
tons. In that same period the out
NIT of iron and steel fell substan-
tally. Meanwhile there has been
imposed on facilities United States
government orders requiring, it is
estimated, 35 per cent of the ca
pacity of the steel plants. The OBJ
vious inference, therefore, is thai
the demand for what may be
termed "private" consumption has
fallen very heavily-possibly in a
quantity corresponding closely to
the aggregate of the governments
requirements. If it were otherwise
the bookings of steel plants would
almost certainly have expanded ma
terially.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Money and Credit

Local banks strengthened their re-
serves last week, the statement of the
Clearing House Association yesterday
showing an increase of s55,oS2,ooo in
aggregate reserves and an increase of
sfs,s52,4oo in surplus reserves. The
Nster item now stands at $55,163,29
compared with s12,0oo,0oo "a week ago.
Loans and discounts Of the banks in
creased :35,778,000 to total Of a.
S4s,l3s,00o last week. This compares
WITH s3,55S, 900 in the correspond
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

The total shipments of crude rubber
from Para and Manaos, Brazil, during
the month Of December, 1917, amount
ed to 3,120,439 pounds, compared with
1924 ,671 pounds for the same month in
1916. There were no shipments to Eu-
rope. Exports to the United States in
December, 1916, were 6,S3s,263 pounds,
and to Europe 2,406,408 pounds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Corporate Returns
pittsburgh &, West Virginia Railway.

Pittsburgh g. West Virginia Railway.
The company reports gross revenue
for the nine months ended December
81 last Of 81 ,907,41S. Net, after taxes,
amounted to $689,506. Surplus, after
charges, was $1,244,357. Gross revenue
for the month of January last was
$202,40 eNt, after taxes, was SlIII9,
and surplus, after charges tor that
month amounted to $46,147.
Jewel Tea Company for the
month of February amounted to ST.
,545, compared with Sl,20s,os' Tor
the same month in 1916. January and
February combined sales were $2,339,-
sos. compared with $2,370,S37 for the
first two months of the preceding year.
Montana Power Company.-Report
for the year ended December 81, 1917,
shows net earnings of $4,889,032, an
increase Of $135,750 over 1916 Gross
earnings amounted to $6,9l2,364, COM
pared With $6,2449O5 for the preceding
year.
General Baking Company.-Net prof
it's for the year ended December 81 last
we're s535,l08, compared with $3.50, 1874
for the previous year. Preferred dlvl-
dends amounted to $237 900.
Chicago, st. Paul, Minneapolis & Omaha
January gross .......$1, $50 COZ s1,e62' a5S
Deficit after charges "148,285 1884
sSurplus.
New Orleans, Texas & Mexico
1918. 1917.
January gross ... $641. 1888 $3.50, 004
Net inter taxes. 196,oO7 21O,662
SURPLUS .,.... 143.oS3 IA, 1862
Chicago & Northwestern
1918. 1917.
January gross 81 172 ,O06 s8,0Ih.Ooo
Deficit after taxes IS4,bo4 40 1858
Deficit after charges. . 1e75,32o +1.1o2.a84
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Call Grain Conference

CHICAGO, March 9.-Representatve
of the Western grain exchanges have
been invited by the Chicago Board of
Trade to attend meeting here March
IA and Is to discuss grain trade affairs,
especially that part having to do with
"hedging" operations in future mar
kets and the restrictions surrounding
these markets.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Steel Orders Drop
Bookings at End of February
OF 18o,4OO Tons

Untitled orders on the books of the
United States Steel Corporation at the
end Of February totaled 9,2SS,453
tons, compared with 9,l77,S53 tons on
January 81. a decrease of 1870 400 tons.
The following table gives the untitled
tonnage figures of the corporation for
the first two months of 1918 and the
preceding NcAr'S:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Dollar in Foreign Exchange

Pronounced weakness in Italian ex-
change in the forepart Of the week,
followed by sharp recovery later on,
furnished the principal development in
dull foreign exchange market. The
rate on Rome fell at one time to 8.97
lire to the dollar, new low record
for the war period. Subsequently there
was sharp recovery on buying by
important institutions and the rate raj
lied to close Of $40 lire to the dollar
for checks. A factor in the severe de-
cline was the paying off in London by
Italy of maturing loans there. London
in turn sold lire exchange bills in this
market. Subsequently the reported
helped sentiment ana was a factor
in bringing about the recovery
According to advices from Rome sub
gcriptions to Italy's five war loans were
estimated in excess of 100000, 900
lire.
Other exchanges fuctuated narrow
ly as rule, with the exception Of
Spanish pesetas, which advanced
strongly, closing the week at 24.60
cents, new high record. The peseta
is normally worth 1913 cents. Inter
national bankers continue to insist that
the exchange problem between the two
countries can be solved only by the
United States obtaining q credit for
800 900, 900 or more in that country.
If you calculate the cost Of the dollar
in terms Of foreign money at par value
that s, as if you were buying dollars
withgounds, marks or francs-~its value
at the close Of last week, as compared
with year ago, would be about as fol-
ioWs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

The above rates express the cost of
foreign money in terms of the Ameri
can dollar. You buy an English pound
sterling at, say, S4.75lSS. The intrinsic
parity is s4.S65s per pound. Thus you
say either that pounds are at discount
or that dollars are at a premium, which
is owing to the fact that in England
the demand for dollars with which to
settle accounts in this country is greater
than the demand in this country for
pounds with which to settle accounts in
ENGLAND.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
News Digest
Foreign

Paris Bourse. - PARIS, March g.
Three per cent rentes, 81 francs 30
confines for cash. Exchange on Lon
don, 27 francs 21 centimcs. Five per
cent loan, SO francs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
REGULAR Declarations

British American Tobacco Company. 49,
Semi-nnnual dividend of rs per cent on the
preferred stock, payable March ":
Certnin-teed Products Corporations Quar-
terly dividends of IL per cent on the hrst
April / to stockholders of record March 20,
Dodge Manufacturing Company.-Quarter-
ly dividends of "a per cent on the preferred
and i, per cent on the common stock. COM
mon dividend payable March 20 and the pre-
tcrred payable April l..
Duluth-Superior Traction Company. Quar-.
terly dividend OF ] per cent on the preferred
stock and | per cent on the common stock.
both payable April / to stockholders of rec
ord March IL.
SIoss-sheiield Steel & Iron Company
Quarterly dividend Of " per cent on tho
preferred stock. payable April / to stock
holdern of record March Ia.
Standard Screw Company.--Q Quarterly divi-
dend of per cent. payable April l to stock
holders OF record March Ii.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Telepho
Hanover 6514

ing week of 1917. Net demand deposits
OF the banks aggregate s3,635760 600.
an increase during the week of $685.
o56,OOo United States government de-
posts at the end Of the week were
s433.41S,oo0, compared with s43S,140,-
600 a week ago.
The weekly statement of the Federal
Reserve Bank of New York disclosed
an increase of about $1S,000,000 in the
total of bills discounted and bought.
The gold settlement fund showed a.
decrease of about $4,000 ,O00
The actual condition of member banks
shown by the Clearing House statement
yesterday follows:
Loans, discounts, invest
ments, etc. ........... $4, 348, 1879 ,OOu
Cash in vaults of Federal
Reserve members .. 101, 010,00
Reserve in Federal Re-
serve Bank ........ 515,218,0O0
Reserve in vaults of state
banks and trust cos. 80 16.730,0Oo
Reserve in repositories 7,455. 900
Net demand deposits -. 3,635,7e0,0o0
Net time deposits. GUO, w ,UUU
Circulation ......... 34,o88,Oo0
Aggregate reserve ...... 539, 400, 900
Excess reserve ...... $685. 90
United States deposits deducted,
s433N1s,o00.
The changes from a week ago we're:
Loans and discounts. Inc. 35,778,0OO
Cash in vaults of Federal
Reserve members. Inc. 5,285,000
Reserve in Federal Re-
serve Bank ......... Inc. 55, 400 900
Reserve in vaults of state
banks and trust cos. Inc. 4z2,OOO
Reserve in repositories. Dec. $4,000
Net demand deposits. Inc. 95,O56 600
Net time deposits. ...... Inc. 5,757 900
Aggregate reserve ...... Inc. 55,O82,OO0
Excess reserve .........Inc. 42,652, 440
Discount Rates. - Official rates Of
discount for each Of the twelve Fed
;o%, ;c4o Foil
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

The decline in the untitled orders
shown at the end Of February was UNI
derstood to have been due largely to
improved dcliYerY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

Acceptance Rates.-Current bid prices
fer prime acceptances are as follows:
Thirty Sixty Ninety
Spot delivery: days. days. days.
Eligible member
banks ....... 4Iaqo 4l40o 4149o
Eligible nom
member banks 4as9o 4ha9o 4129o
Ineligible bank
bills ..... 5H0o 5Ia0o 5Ia9o
For delivery within thirty days:
Eligible member banks. ......... 4Ia9o
Eligible non-member banks.... 4s4%o
Ineligible bank bills .......... %
Silver.-Bars in London were quoted
at 42% d, unchanged; New York, $3.50,
unchanged; Mexican dollars, eS1@c, I'M
changed.
Sub-Treasury. The banks gained
,7S6 from the Sub-Treasury yes
terday
London Money Market.-LONDON,
March Bar silver, 42Ad per ounce.
Money, pa per cent. Discount rates:
Short and three months bills, 9-16
per cent. Gold premium at Lisbon, 1872.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
More Dividends in Scrip

Directors of the R. J. Reynolds To-
bacco Company yesterday adopted the
policy of paying dividends in scrip to
aid in strengthening it's working CAPT.
tai account. Similar action has been
taken recently by other important to-
bacco manufacturing concerns. The
regular quarterly dividend of per
cent and an extra dividend Of 2 per
cent on the common stock are payable
April l to stock of record March q
The scrip is dated April and will
mature April l, 1920. 1t will bear in
terest at the rate of per cent annual
~, payable semi annually The paper
issued in lieu of the cash dividends
may be redeemed at maturity in the
preferred stock at par or in cash at
the option of the company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Relevant Comment
Confer on New Haven Notes

Following the return yesterday of
bankers who have been comforting with
government officials on plans for meet
ing the S43,00O,000 New York, New
Haven G. Hartford notes falling due
May 1, meeting was held in the Off
ces of j. P. Morgan & Co. While there
was no formal announcement that ar-
rangements had been made for taking
care of the approaching maturity, it
was understood that this will be done
as soon as the railroad bill has been
passed. Those in attendance included
Howard Elliott, representing the New
Haven; Thomas w. Lamont, of J. P
Morgan & Co.; Robert Winsor, of Kid
der, Peabody G. Co., and A. j. Sheldon,
of Lee, Higginson & Co. These firms
were instrumental in floating the notes
that will soon fall due. 1t was made
clear after the meeting that no syndi-
cate is being formed to take up the
maturity, the inference being that the
government will in all probability pro-
vide the money needed from the $780,
100000 revolving fund, provided for I'M
der the railroad bill.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Stock and Bond Averages

pended all dealings in German and Aus
tran exchange, so that daily quotations
for either marks or kronen are no
longer available.
Quoted dollars to the pound.)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Dividends
EXtraS

EXtras
r. ]. Reynolds Tobacco Company
An extra dividend of per cent on
common stock has been declared, in ad-
dition to the regular quarterly dividend
of per cent, both payable April to
stockholders of record March 2l.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Federal Reserve Banks:

WASHINGTON March A evident
the Federal Reserve
Federal
were Soooo0o each than
week fO1o
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Federal Reserve Bank of New York

RESOURCES
Gold gold certificates: March
Gold $2770COO
in 316O59oS5
18,1t250O
Gold with Federal and n
ption Reese notes 25e225545 25s7s3s5
$638784365 S64462e3o
legal tender notes, ver
Subsidiary coin ................. aeeoee44
Observation-Disclosures. so78705549 s6s453337
am
Commercial paper ........... 223,296,21 2178o1Oe3
t782556O
Totals s4ot,55t732 Sa8334627s
Inv
United bonds 4o81o2e8 ea1z2es
b1unic
OF
from
chase in fifteen ........... 767ftO0o s273100O
Totals observation-disclosures. S126521298 s92548 2ea
Due Other F. R. banks
Toa, resources ........... s,2O677858 s,tsoy43297
Canita1 S1964t250 S1o66A90o
(net)... 013,42932
Non ember 24o42S7
5l29Ol1 8751,95
A517aO36O 441025955
Total liabilities s12os778581 s16o432e47
Fedora REESE oco|2o945
Against Whit there
Cold and lawful money 249225545 24e7a3945
393,S4578
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
The Human Tide

From July to December, inclusive,
51,359 immigrant aliens entered the
United States, according to the latest
bulletin of the immigration Bureau of
the Department of Labor. Of this
number 27,675 were males and 1854
females. The outward movement for
the same period showed that 1889
emigrant aliens departed from Amer-
can ports, of which 34,094 were males.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10
Aetna Plan Delayed

Owing to changes decided upon at
the last minute, announcement of the
details of the reorganization plan of
the Aetna Explosives Company, ex-
pected yesterday, was postponed until
some time this week 1t is reported
that the plan makes some provision for
the back dividends on the preferred
stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-03-10

Discount Rates. - Official rates of
discount for each of the twelve Fed
eral districts are as follows:
Evening journal., 1918-08-13
NEW MILEAGE BOOKS
GOOD ON ANY ROAD

Passenger mileage books. interchang
able and good on any railroad, will be
placed on sale a week from today.
They will be accepted in payment OF
passenger fares on trains. in exchange
for tickets and for extra baggage
charges. Two books are being pre-
pared-one with 1000 coupons, each
coupon worth three cents or one mile
Of travel, to be sold for $50, with the
addition Of $40 war tax, collected
when the book is bought and another
with 500 coupons, selling for SIS with
81 20 additional war tax.
Each book is to be transferable and
may be used for any number Of pas
sengers at the same time. Travellers
may present these books to conductors
on trains. if they wish, but are advised
TO have the mileage script exchanged
for tickets between points where there
are long and short routes in order TO
gain advantage Of the shortest distance
and lowest charge.
Railroad administration officials de-
cided not to make the mileage script
acceptable for Pullman charges, be-
cause the war tax on berths or parlor
car seats is 10 per cent. or 2 per cent.
higher than on passenger fares. This
would have complicated the collection
of war taxes.
Evening journal., 1918-08-13
RECOVER $4,000
IN gems STOLEN
FROM CITY HOME
Contlnued dom Flrst Page.

NabhOlz. when arrested. had a pair OF
trousers bearing the initials IS. B. B..
on the inside and that the tailor who
made them. in Philadelphia, had advised
the detectives that the wearing apparel
had been made for Samuel Bancroft
Bird, Of this city. With this informa-
ton Chief Black at once wired to the
Albany police TO hold Nabholz.
In the meantime the Baltimore au-
.thorities had recovered the iewelry and
gems that had been stolen here from
pawnshops in that city, where Nab
holz had pawned them. An investiga-
tion made by the Baltimore sleuths
showed that the prisoner now under
arrest in New York, had been arrested
by the Washington, d. C. police as an
alien enemy, but that ne had been re
leased on proving citizenship
The local police are still seeking
some OF the articles that were stolen
from the Bird home as well as from
other homes in this city during May.
II is thought that NabhOlz may know
something OF their disappearance It
was estimated today that the value OF
watches and iewelry stolen from the
Bird and other homes here during that
month would total close TO $1,000 and
OF this amount, Chief Black has so
tar recovered $1,000 worth. lie has
also lodged a detalner at Albany
against NabhOlz.
Evening journal., 1918-08-13
j. S. MAY BAN
BEER DURING WAR
Government New Coal
Order Now Threatens
Brewery Shutdown

WASHINGTON, Aug. i3.-The rest of
the war period may be a dry stretch
for beer drinkers On top OF the 50
per cent. cut in beer production now
in effect it is strongly intimated that
the necessity for drastic curtailment
Of coal to non-essentiai industries
probably will make it necessary in a
short time to cut out coal to brew
cries. Not only the scarcity of coal
which brought a plea 10 the miners and
operators from the President. but the
necessity Of conserving the supplies of
labor and raw materials as well as
transportation facilities are factors
working toward The abolition Of the
foaming brew
The prospective order Will affect near
beer as well as the real thing.
Increasing demands for coal and for
transportation facilities brought the
beer question 30 a head few days ago
The country will not suddenly plunge
into a beerless area, however. because
the brewers will be allowed TO DISPOSE
OF the stocks they have on hand in IL
does not interfere too much with rail-
road facilities for the shipment OF war
necessities
Evening journal., 1918-08-13
Official Report of Yesterdays Operations
BRITISH.
LONDON. Aug i2-

LONbDNi Aug. IL
(Night Report In successful
hghting today in the neighborhood
OF the hoye road east OF FouqIes
court and on the south bank of the
Somme our line has been advanced
in each Of these localities and some
prisoners have been taken.
south Of the Somme our troops
captured the village OF Proyart
after sharp lighting, in which the
enemy lost heavily in prisoners and
men Killed. The flghting is contn-
uing in this neighborhood
ON the right Of the British forces
The French have taken the Bois des
Loges.
on The remainder OF the British
front there is nothing to report.
Day Report-Yesterday evening
the enemy again attacked our posi-
lions south Of Lihons He was re-
pulsed
As a result Of successful opera
tton carried out by us Immediately
south Of the Somme we captured POO
tions east Of Mericourt with the line
east Of Etinehem. on the north bank
or the river.
ON the right Of the Fourth British
Army our allies made progress
Yesterday afternoon in the direction
OF Roye, capturing the villages of
ArmancOurt and Tilloloy.
on the northern portion OF the
British front we effected local i'm
provements in our line east OF
hoDecq and between Vieux- -Berquin
and Merris.