davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Skinner Acts
To Aid Depositors
State superintendent Strives 10
Liq,idate Assets Of
Failed Es,nfa

ALBANY, Dec. Special efforts
are being made by State Superirtend-
2n5 Of Banks George l. Skinner to com
plete the liquidation OF the assets o.
all failed institutions under his super
vision and TO distribute the proceeds
OF such liquidation among the depos
itors and creditors.
With this end in view, Superintend-
ont skinner has obtained the approval
Of the Supreme Court 20 pay additional
dividends to the depcsitors with the
following institutions: The Borough
Bank OF Brooklyn, Union Bank Of
Brooklyn, Washington Savings Bank of
New York and the Sea Cliff Bank. OF
sea Cliff, Long Island.
checks representing q per cent
dividend have been mailed to the de-
positors with the Borough Bank Of
brooklyn, resulting in & disbursement
OF s54,732. The depositors with the
coive an additional per cent dividend.
which will mean the disbursemcnt of
Sl79,7T0. This will make the second 3
ger cent dividend paid to these depos-
TORS this year. The depositors with
the Washington Savings Bank are 10
receive an additional ~ per cent divi-
dend, resulting in the disbursement OF.
Sl70,730 and making q total OF rs per
cent paid in dividends.
The dcpositors with the Sea Cliff
Bank are 20 receive an additional II
ner cent dividend, making a total pay
ment OF 100 per cent in dividends. IN
addition these depositors are to re-
ceive 6 per cent interest on their
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
The Dollar in Foreign Exchange

Developments in the local foreign
exchange market during the past week
we're devoid of special significance. The
range OF nuctuation was extremely
narrow. principally because OF the
comparatively small volume of bust
ness moving. The broadening of the
export movement is yet to be reflected
in this market.
in foreign exchange circles it is
learned that probably no steps will he
taken to remove the artificial restric-
tons that have been thrown around
dealings In certain Of the foreign ex-
changes until the matter has been
thoroughly thrashed out at the peace
conference. A special commission on
foreign exchanges has been named To
discuss the problem Of after the wax
control Of the exchanges. Although
agitation has been begun in London to
take the restrictions of OF sterling eN-
cnange 1t is said that nothing will
likely be done in this direction until
after the peace conference.
Another step toward stabilizing eX-
change rates between the United States
and the South American republics was
taken last week and q $l5,000.000 credit
was obtained in Peru by The Federal
Reserve Board. which Will furnish that
amount OF exchange for American i'm
porters.
ii you calculate the cost Of the del.
lar in terms Of foreign money at par
Talue-that is, if you were buying dol
lars With pounds, marks or francs--its
value at the close OF last week, as com
pared With yeaN agc, would be about
as fellows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
e. o IN III @ ditie s
II d iial
Cotton


Further decline in yesterdays early
trading was followed by sharp recov-
cry in tie cotton market. January con
tracts solo up from 1888 to 5000. and
closed at 1886, compared with 2929
the Closing prices Of Friday, with the
general list closing strong at net
advance Of 10 10 CT points.
The market was under considerable
pressure shortly after the opening.
/ apDoiatingly small exports OF the
last week seemed to strengthen pes
simistic sentiment and there was some
scattered Southern selling. when PROB
ably increased The expectation Of low
grade shipments in this direction. After
starting at g decline Of 7 points 10 IN
advance Of Is points the market soon
weakened, the break extending 10
some 80 to 40 points below Fridas
Closing figures. There was scattered
covering and trade buying, which 60
Sorbed the offerings on a scale down,
| Whlle the Southern selling was not &C.
tive enough to suggest any real wcak-
ness IN the spot situation. As soon
as the more urgent offerings had been
absorbed the market turned frmer
Demand broadencd on the advance.
not only as result Of covering, but
owing to an apparent Increase in the
foreign trade interest. Brokers with
Japanese connections were among tho
more prominent buyers, while there
was also buying for Liverpool account
and for the French commission March
sold up from 27.70 TO 28.G0 and c.o ed
at 2S.55, with other months showing
similar fluctuations.
The local market FOR spot cotton was
steady and 70 POINTS higher at sac.
compared with 32.3Oc the day before
and 31.SOc the year before. There
we're no sales Of spot.
The range Of prices follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Relevant Comment


Reconstruction in Canada has begun
and the Minister OF Finance of the
Dominion has ALREADY arranged cred
its for S2O0,0Ooo00 to carry on the
work. Of this sum 100000 viii be
required to complete the work under
taken by the Imperial Munitions Board.
according TO the Canadian Bank of
Commerce, and $50 100000 will be
utilized for the purchase OF this years
crop Of grain. The remaining 500,
600 000 will be used in the purchase Of
fcodstuffs. including meats. lard, dairy
products and fish In addition TO these
credits announcement has been made
that s25, 100000 Will be set aside by
the Dominion government to be used
by provinces and Municipalities to
carry OUT plans for better housing con
ditions in congested communities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
; range Of prices follows:

Southern spot markets follow: Gal
weston firm. and unchanged at 80 zoe;
sales, 1924 bales. New Orleans steady
and unchanged at Sic; sales, 875 bales.
Mobile steady and unchanged at soc;
sales, l25 bales. Savannah steady and
uncnanged at Sic; sales, 400 bales.
Charlestcn steady and so points higher
at 30.50c; no sales. Norfolk steady and
u points higher at 29SSc: sales, 754
Dales. Augusta steady and % points
hlgher at 30.25c; sales, $40 bales. Mem
pms steady and unchanged at 3O.50c
sales, 1900 bales. St. Louis steady and
unchanged at sec; no sales. Houston
steady and 80 points higher at 32c:
sales, 2,399 bales. Little Rock STEADY
and IS points higher at 3O.50c; sales
1877 bales.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Leather Trade Prospects

The supply OF hides and skins
throughout the world is low, not be
cause of direct war consumption, but
because Of the loss OF many millions
head OF cattle. The First National
Bank Of Boston, in discussing leather
trade conditions, says the general opin-
ion seems to be that materially lower
hide and leather prices are improbable
in the near future It adds: ain the
shoe trade the average factory appears
10 be We'll booked up with spring or
ders, although some of the retailers
have been sending in cancellations on
the theory that they viii not now be
obliged to live up TO the original gov
eminent restrictions as TO colors,
height and other features. The manu-
facturers, however, have appealed TO
the retail trade TO continue its loyal
cooperation in carrying out these re-
strictions up to the official date. June
i, 1919 There seems to be no imme-
diate prospect Of lower shoe prices,
and most manufacturers are sanguine
as to the domestic demand after the
early period e reimbursement has been
raSecd :"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Guy Emerson Gets New Post
Publicity Director Also TO Mar.
age War Savings Drive

Gay Emerson, director of publicity
OF the Liberty Loan Committee. has
been selected as director of govern
mont savings fer the I'd Federal Ne
serve District, it was announced yes
Scrday In the future the organizations
for Liberty Loan and war savings will
De fused.
Secretary Glass has called a con-
ference OF war savings, which viii be
held at Washington tomorrow and
tuesday He called upon the governor
Of every Federal Reserve district to
send a representative to the meeting.
Mr. Emerson has beer chosen by Gov
ernor Benjamin Strong to represent the
New York district. Plans FOR the sale
of thrift stamps during 1919 will be
,1,nH.k ed 0N1
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

Commodity prices on the whole
..vo heen fairly stable since the
.rn,is,icc was signed, especially raw
.,aterials. Here and there modcr-
ste reductions have been announced.
INIT the relaxation Of war restric-
tons has not been followed by any
ming Ike y general or drastic de
,Gne; nor 90 the majority of econ
omists expect a precipitate slump.
For She most part they hold with
Or. Miller of the Federal Reserve
Board. who, addressing the conven-
ION Of the American Economic AS
ISOLATION st Richmond Yesterday.
said THAI Che price situation Will
rot be rcctiiicd until the expansion
Of our currency and credit. attrib
stable 10 The buying of war securi-
les o. credit, has been eliminated.
and the volrme Of credit and cur
rency mas once more been brought
back 10 normal economic volume
that IS 90 say. volume CORE
sponding 20 the needs of industry
md trade for the production and
exchange Of goods at normal val
lies" That, obviously, would be q
very slow process-it must be slow
il crisis is to be averted, for, as
Professor Davenport points out in
The second article Of his reconstruct
ion series, rapid defation is 3 much
more dangerous thing than rapid in
fation-
Yet there Is 4 psychological ele-
ment in prices which is exerting
ereat pressure at the moment That
IS the widespread conviction that
prices in general are going to fall.
This belief is so general that u has
had q marked effect on She volume
Of business, aud, to L lesser extent
thus far, Oh prices as well. Many
consumers apparently are postpon-
ms purchases in the hope OF lower
prices: the retailer consequently
buys only enough to meet current
requirements, and so on back to the
manufacturer and The producer.
How long this impasse VIII continue
cannot be fcretold, but it is obvious
Thar If it were to endure for any
Considerable period q sharp fall il,
prices would ensue-
Meanwhile the spending power OF
inc people is unimpaircd, and when
confidence in price level, whether
higher or lower than the present
one, Is restored, business VIII almost
certainly be in surprising volume
Somewhere ahead lies IN era OF
amazing prosperity, but no one
KS been willing 70 venture q more
definite prediction than that made
recently by Judge Gary when he
said that it would come in the
course Of the next Iustrum.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Explaining the Discount
Special Correspo

1T77TVTIE 9
TORONTO, Dec 2S.-The bulk Of
CAnada's trade is With Great Britain
ava the United States. Durins ne e
:wnl,r months ended October 81. 1918
there Wa . favorable balance Of $443,-
G5s 600. With Great Britain the favor
..a,. balance WAS no less than $685.
zaa 900, While with the United States
ti'crc VS. on uufal orablc balance OF
s9}1.9s5.Go0. This explains why ex-
ehnnt.n has been running against Can
,n,a in the United States. in spite a
the fact that our aggregate ttade
makes Canada large creditor NaeioA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

ruture prosperity Of this great country
Let US not forget that under private
management the railroads Of this conn
Try have given the best service for the
lowest rates Of any country in the
WORLD.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

'ea Fedsral R.scrve Dans OF New
'ef~ has w. "a roycs tbs following
schedule " ~ed.scoun. rates which
"9qly % bankers acccstances: Ma
'0T';.as up to Is tlays. per cent; 16 20
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Dividends
Extras

Atlantic Steel Company.-Eztra div
dend of per cent in edition to regu-
lar quarterly dividend of 11a per cent
on common stock, both payable Jan
Uary 2.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

The above rates express the cost OF
foreign money in terms of the Ameri-
can dollar. You buy al English pound
sterling, say at $4.7575. The intrinsic
parity is s4.86gs per pound. Thus you
say either that pounds are at dis
count or that dollars are at q premium,
which is owing to the fact that in Eng
and the demand for dollars with which
to settle accounts III this country is
greater than the demand in this coun-
try for pounds with which 80 settle
account5 in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
Money and Credit

Changes in the weekly statement Of
he Clearing House banks, issued yes
'erday we're comparatively small. Loans
and discounts Of the members increased
s728s.00o, 10 s4,659,4 ,00o. While net
demand deposits increased $9,029, 900.
Surplus reserves decreased St6,S67 $40,
standing Is $42,804,34o a& the close Of
tas wees. United Suites government
deposits decreased from S24s, 239 $50 to
'T.55s, Doc.
Tie Fedsraa Reserve B4nk Of New
. ork epo1ted yediseounss and advances
sainst United SIXTIES obligations of
SO, 70, Gag. compared With S53s,7s7s792
* the close Of the preceding wcels.
aediscounts and advances against com
ae1cial paper were s41 ,so3,7s6, . de-
tsezse OF $4,000, 900 Goa reserves Of
he bank Tell from $663, 5s7,7S9 TO $3.50
1850. largely Is q result Of transfers
made - the interior through The gold
setlement fund.
BANK Acceptances.-Rates yesterday
gere unchanged, IS follows:
Thirty Sixty Ninety
Srct ds- days days. days.
livery. l.or cenf.i'sr cent.Per cent.
gibgc
member
oanLs .4n@s ~ @4fa 4isN4W
bio
aon-Tneyn-
Der banAsN,A gaze s7h@4}4 43a@4h
Ineligible
sasA bils.s1a@5 s1a@8 51a@5
Cor delivery Within 80 days:
Per cent
eligible member banks. .-......- .4's
.NEi6le noM-snember banks. A's
.aolisiblo bank hilla.......,.... 9
Diacouns Ratcs.--Tho following table
gives The current rates oi tire twelve
Fedora Reserve banks on commerctn'
hRnAr co. a. 80 rjo.Sc TN IN ninety OHVgs ::
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

26.-Prices on the Bourse were .sus-
tanned to-day. Three per cent rentes
sold at 81 francs 55 centimes for cash.
Exchange On London was quoted ut 25
francs SO centimes and the per cent
loan at IS francs o5 confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

Nominal.
Below is given the current exchange
value Of foreign rloncy TX dollars and
centa, together with TIE intrinsic gold
parity, as calculated b. the United
States MiNt:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
> III $ [ e n a m G G



Nheat.-A great deal Of discussion
has arisen in the grain trade over the
problem confronting the government
and the trade at large in connection
with the fixed price OF wheat for the
present and the coming season. Com
paTatively little apprehension is felt IN
connection with the supplies Of wheat
now or hand from last years crop. but
many believe that the government VIII
be faced with heavy losses in the carry
ing out of its pledge to farmers to
maintain the price Of $2.26 throughout
next season. 1t has been predicted that
foreign countries Will secure such large
supplies from the Southern Hemisphere
that 1t will De impossible to market the
American surplus al anywhere near
prevailing quotations. good deal Of
dissatisfaction is being expressed but
even If large losses are 20 be oncoun-
tered the whole proposition must be
looked upon as a war measure When
the government guarantee was made
the world was in the midst of the
greatest war in history. and it was alb.
solutely necessary to stimulate the pro
ductions Of breads+uffs to the limit.
Corn The corn market was aga;'
very irregular. with the December po-
sition advancing 3asc TO 81 81 in CHI
cago, while the late months were weak
and lower. December sold at about II
cents over January, and the advance
was due largely to technical conditions
surrounding the current position. Tie
news Of the day was more bearish than
otherwise, as farmers we're said to be
showing more disposition TO sell corn
and indications pointed TO an increase
III the movement in the near future.
Moreover, the Argentine market dc
clined FAC to 23sc, and many believe
that Il reimbursement OF differences be
tween the two markets is inevitable.
Moreover, many authorities think the
q general decline IL all commodities -
now in progress. and there has been .
great deal Of selling going or in cor
on the supposition that this market VII
follow the others.
Yes'day's Previous Yea
New York: close close. ago
Corn, No. ? yellow stree s1.Nss
Chicago:
January .......... 1855 1924
March ............ $685. 1855
May Observation-Disclosures. 1862 1856 S1.45s5
Oats.-The oats market was easier
early in the day under liquidation. bat
subsequently rallied and closed vita
moderate net Gains. The near positions
advanced about lc bushel. and it vas
SAID that the West was experiencing
some Improvement in the domestic cash
demand. Export interests, however,
We're indifferent, and there seemed to
be little prospect of much improvement
in business.
Yes'day's Ireviol.- Yoar
Oats. No. white. .73 .78@.77 .giHs
go
January .......... GU 100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

Dacouns Ratcs.--Tho following table
gives the current rates IS the Twelve
Fedora Reserve banks on commercial
oapar 90 81 ;,s RODS UP " ninety deya:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29
IN Wealth Markets and Commerce
Federal Reserve Banks

nS showed
December 81 public
Gated IN the quantity OF Federal circulation
lo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

90 days inclusive, 4i4 per cent: 81 te
w days, Inclusive, Ala per cont.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

7 as DAY 3 freVious Yea
New York close close. az,
Corn, No. ? yellow stree s1.Ts,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-12-29

Manag'@g Editor The Raillooy Age
TREAT BRITAIN, in taking over
VI the railways during The war.
left tNnir q innct;n,, l., ~ l.4.-1
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
Nelson Is Injured
as Cycle Hits Auto

Fred Nelson, IS. Of 201S Sixth ave,
dangerously injured in an auto acct
dent Mt Stone way and N. 47th St.
Sunday afternoon. is in an improved
condition at the city hospital Mon.
day. Nelson was on motorcycle
with Roy Mitchell, 81. Of 1865 18th
ave. N W., which collided with a
machine driven by NJ. S. Frick, of
1916 N. 53d st
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
N. w. Indian Names
for Western Ships

Indian names may be given to
ships constructed in the West here
after. II a suggestion by William Pig
Oft is adopted. Pigott has written
Albert Johnson. congressman, TO adj
wise Mrs. Woodrow Wilson. who
names the nations ships. to have a
vessel built in Seattle named "Sno-
qualmie." and a ship constructed in
Tacoma "Puyallup"; also that an In.
dian girl be chosen as sponsor for
these ships.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
ToDAy's PROGRAMS

TODAy's PROGRAMS
1TpERTY-Dougia Fairbanks In
''i~ Comes Up smiling"
CIEMMER--Garle Williams In s~rhe
Girl In His House"
LEWIS ORPHEUM--Tom Moore In
Just for Tonight"
COiIsEUM--Wm. fnruum In 'Riders
of the Purple sage"
sTWtND--Enid Bennett In The
Marriage Ring"
COLoNIAL-H. II. Warner In Gods
Man"
MIssiON-Edith Storey In 1.-THE
silent Woman"
IrTrLE-Norms Taimsdge In The
Moth"
REx-MiIdred Harris In ~For Iius-
bands Only"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30

believe she did 30 willingly. He
found that she had been abducted
to the cottonwoods OF Utah. He
goes there and meets Jane Withcr-
spoon on tho ranch where his SIS
ter was last seen. There he lives
for some time. but not quietly. for
he has trouble with n gang Of
rusticrs led by a masked rider.
whom he finds TO be a beautiful
girl. with the destruction OF the
rustlcrs. and after finding his SIS
ter's grave. peace comes to Las
sitter.
CLEMNiER
Travelling $4,000 miles TO the side
Of the girl who Tilted him six years
before. James Armitage finds his
love for her dead. and half his
fortune lost thru = rascaliy lawyer.
But Armitage Is brave. and in
building up his fortunes he finds a
new and trucr love, in The Girl
In His House." now playing at the
Clemmer.
Earle Williams and Grace OAR
mond are featured In this fascinat-
ing romance OF love and mystery.
adapted from the book OF the
same name by Harold MacGrath.
STRAND
Anne marries Hugo Morton be-
cause she loves him. but later.
when she discovers he is gambler
and married her just TO use her
beauty as n foil in his crooked
work. she denounces him. and In
n struggle over n gun he IL shot
Anne boards the steamer for Ha-
wall. with the intention OF forget
ting her unhappy past and 1t is
while making the trip to Honolulu
that she meets and falls in love
with Rodney Heath, n wealthy
sugar planter.
Enid Bennett makes charming
Anne. while Jack Holt is convinc-
ing as Rodney Heath in THE Mar
riage Ring" at the Strand.
COLONIAL
At the expense OF being expelled
from college, Arnold LHommedieu
shielded his chum from disgrace.
He is later dragged further down
by his desire to aid his fellow
man. With every effort and de-
termination to walk the paths OF
deceney. he finally succeeds, and
the great wrongs which caused his
downfall are righted.
II. Il. Warner plays L'Hommc-
dieu in Gods Man." now showing
at the Colonial
MISSION
Nan Mcdonald married Lowery.
supposing that he loved her, but
later he told her with unconscious,
brutality. that he had married her
only for the sake of his boy, and
in an effort to forget her sorrow.
she throws herself into a whirl of
gayeties. After much sorrow the
troubles are wiped out. Edith
Storey plays Nan in "rhe Silent
Woman" which opened at the Mis-
sion Sunday.
REX
Mildred Harris. as Toni wyldc, is
the star of ''For Husbands Only"
which opened at the Rex Sunday.
Miss Harris Is delightful as the lit
tie convent-bred Toni. who sets
out to make Rolin Van Darcy pay
for trifling with her affections, and
instead finds she is. in reality.
breaking her own heart all over
again.
Lewis Cody and Fred Goodwin
are the chief g1Ipport
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
LIBERTY


Doug Fairbanks Is making folks
happy at the Liberty In 'tie Comes
Up Smiling" Doug plays the same
role In which he appeared on the
legitimate stage In New York In
1914. that OF Jerry Martin. n small
town bank clerk. who. tired OF being
tied down, breaks the bars OF his
cage and with swift and sure
movements. with bows and smiles,
wins a fortune and a girl.
Pretty little Marjorie Daw is
seen to advantage ms the girl. and
Herbert Standing. as the hobo, fur
nlshes a good share OF the comedy.
Twenty-Five hundred sailors.
forming tho words Buy Bond for
Liberty" filmed by Camcrnman
Jacobs from an airplane, is the
feature OF Tho Star-Liberty Week
ly.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
LEYYS ORPIIEUN

Plenty OF action. lots of love and
adventure. with bits OF comedy here
and there. are the features OF Just
for Tonight" which opened at Levy's
Orpheum Sunday. with Tom Moore
starred as make believe English
nohleman. Moore assumes the dis
guiso in order TO unravoi jewel
theft mystery. and also clear the
name OF the girl he loves.
Just for Tonight" introduces n
new movie star. in the person OF
Lucy Fox. pretty little brunette.
who Ia seen to advantage as
Moore's leading lady.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30

Rotarians, 1000 In number, arc
fighting In France- Allied Rotary
Club of France formed Ancil T.
Brown. Indianapolis. president: DR..
w. II. Taylor. Mobile. secretary.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1918-09-30
COLISEUM

William Farnum II the star OF
the Riders OF the Purple Sage"
story OF the Mormons. appearing
at tho Coliseum until Tuesday
night II is n perturbation OF the
novel OF the same name by Zane
Grey. Farnum plays the role OF
I.assitor. Texas ranger. who goes
in search OF his sister Mile. who
left word that she had Joined the
new sect, and had eloped with one
OF the band. but T.assiter did not