davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-11-09
Cotton Ginnings
Show Increase
7,793,615 Bales Recorded Be.
fore November /, Census
Bureau Announces

WASHINGTON, Nov. s. - Cotton
glnned prior to November |, the Cen
sus Bureau to-day announced, amount
cd to 7,793,615 bales, including 12O.343
round bales and 1880 bales of sea
island.
Ginnings to that date last wear were
7,185,17S bales, including 32,907 round
bales and 57,56O bales of sea island.
Ginnings by states:
Alabama, 555.G61; Arizona, 1866;
Arkansas, 537.605; California, 1s,4O4;
Florida, 16.11l Georgia. 1,475,O90:
Louisiana, 359,644 Mississippi, $685.
All; Missouri. 25,094; North Carolina.
414,74s; Oklahoma. 398,9o1; South
Carolina: 966,O4O; Tennessee, 152,144;
Texas, 2,t6s,495; Virginia. 6,3O7; ali
other states. 1885.
Sea island ginnings by states:
Florida, $3.50; Georgia, 1850; South
Carolina, 1880.
New-York tribune., 1918-11-09

ANDREW J. MCCORMACK. Arct,o,..
REGULAR AUCTION SALE
STOCKS AND BONDS,
"S n NnhlAN IL. MULLER q SON.
WEDNESDAY, NOV. I5. 1eiR
at 1880 O'Clock. at the
EXCHANGE SALESROOM
NOS. - AND l6 VFSEY STREET
$4,000 Illinois Central r. r sa ps..,
Bonds. 1853 s's
For Account Of Whom 1t May Cooor
$4,000 San Antonio Land q Irsssas,
Co. LIST Mtg. SO Bonds, 1924
=, o ~ shs Great American 1nsuran. G.
sl,ou0 Missouri, Kansas & Texas Rg In
Mtg. 40 Bond Ctf of Dep
90 shs. Finance & Trading Corn
common.
So5 shs. Wateriite Power Enginee,trs
Co.
New-York tribune., 1918-11-09

The above rates express the cost OF
foreign money in terms of the Amer
ican dollar. You buy an English pound
sterling at, say, s4.7545. The intrinsic
parity is s4.Se5s per pounu. Thus you
say either that pounds are ct dis
count or that dollars are az premium,
which is owing to the fact that in Eng
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in this coun-
try for pounds with which to settle ac-
counts in England.
New-York tribune., 1918-11-09
nd
Relevant Comment
Last Day for Converting Bonds

1t seemed to be bargain day yester-
day at the Federal Reserve Bank. From
the opening of the days business until
the close, streams CT men and women
drifted into the Bond Issue Division Of
the bank, on the twentyfourth floor
of the Equitable Building, and clamored
for service from the clerks. The reason
for the concentration of Liberty bond
subscribers was that yesterday was
next to the last day for converting
4 per cent bonds into AIS The privi-
lcge lapses at the close of business
to-day. The congestion was SO great
that bank officials had to request all
those who desired to convert 3ls per
cent bonds to leave the lines and re-
turn later, pointing out that they had
until April "a, 1919, to get 4A per cent
bonds. Although no tabulations were
made, it was estimated that half of
the a per cent bonds are being con-
Verted into rs
New-York tribune., 1918-11-09

dominance of an autocratic money
power in our own country which, in
my opinion, is more dangerous
enemy Of our people and our freedom
than any European autocracy.
Nothing has up to this writing
been done to change the old order
OF things, and the few elect who are
In control of our great financial in
stitutions are still welding their
great power as rushlcssly and as ex-
actingly as ever, while our people
are, if anything, becoming less and
less capable of resistance"
New-York tribune., 1918-11-09
Wool Market Uncertain

BOSTON, Nov. S.-"The Commercial
Bulletin" tomorrow will say: "The
imminence OF peace has only accentu-
ated the uncertainties of the future
in the wool market. Large govern
ment orders being placed among the
mills are relieving their present neces-
sites and probably will serve to
stabilize the market for the time be-
ing The belief is that the govern
ment will offer to take the balance of
the 1918 clip, but there is no Of
fetal announcement yet on this ques-
hon"
New-York tribune., 1918-11-09

The Federal Reserve Bank of New
York has put in force the following
schedule of rediscount rates which ap-
ply to bankers acceptances: Maturities
up to Is days, per cent; is to 60
days, inclusive, Ak per cent; 61 to 80
days, inclusive, 4la per cent
Bank Clearings.-Bank clearines YES
terday in New York and other cities
we're:
Exchanges. Balances.
New York -S729,715,2sS $74,3e8,O27
Boston ....... 59,115,1f3 14,498,413
Philadelphia. So.9o7,e ,eo4 1e,938,612
Sub-Treasury. The banks gained
$S71 900 from the Sub-Treasury yester-
day.
Siiver.-London, 49Hd, unchanged:
New York. 1ol1sc, unchanged; Mexican
dollars, 77hc, unchanged.
London Money Market.-LONDON.
Nov. s.-Closing-Money 31s per cent
Discount rates were: Short and three
months bills 3 1882 per cent. Gold
premium at Lisbon was at 10000.
New-York tribune., 1918-11-09
Financial Helm for France

A movement has been started to get
friends of France in this country to
participate in the Liberation per cent
Loan Of the French Republic, which is
now being fioated overseas. The bonds
are to be issued at 7OSO per cent and
yield 5.65 per cent. The campaign for
the fourth popular war loan in France
"lIl close on November "a. The bonds,
according to the terms of their issu-
ance, may not be paid off until after
1914: Herbert l.. Griggs, president of
the Bank of New York, has written his
customers and friends about this prac-
tical way Of assisting our ally, and will
re glad to transmit subscriptions from
outsiders to the French government.
New-York tribune., 1918-11-09
The Dollar in Foreign EXCHANGE

Quiet conditions prevailed in the for
eign exchange market yesterday, as the
world waited for the result of the ar
.nistice conference in France. Francs
were firm, and the tendency of neutral
exchanges, which are gradually reccdine
TO par, was weak. Rates on Copenhagen
have reached par and on Christiania the
premium has been cut to per cent.
Pesetas, Swiss francs, guilders and
checks on Sweden are now at pre-
mum OF approximately 4 per cent.
The release of large quantities of
goods for export to Denmark accounts
for the movement of exchange rates on
that country When peace comes.
bankers expect the discount of the dol
lar in neutral markets to be wiped out,
and IN some quarters it is believed that
1t will soon be at premium.
Closing rates yesterday, compared d
with week ago, follow:
Quoted dollars to the pound.)
New-York tribune., 1918-11-09
Corn Crop Better
Food Value Greater Than ;
Year AGO

WASHINGTON. Nov. s.-Corn pro-
duction in the United States this year
will be 2,749 198,00O bushels, the De-
partment of Agriculture announced to-
day in its November crop report, giving
the preliminary estimate of the crop.
October weather conditions resulted d
in an increase of 30,o00,0o0 bushels in
crop is smaller in size than last years,
its food value is materially greater be-
cause the quality this year is more than
ten points higher
New-York tribune., 1918-11-09
To Act on Stock Dividend

Directors of the American Sumatra
Company are scheduled to meet next
Wednesday, when they may take action
on the Is per cent common stock divi-
ddend recently approved by the CapitaI
Issues Committee. 81 have no doubt
that the stock dividend will be de-
ciared at that time" said W. A. Tucker,
vice president, yesterday. The stock
which sold down to Sc on the Stock
exchange on Thursday, closed yester-
day at loS1a, for a gain Of 21a points.
New-York tribune., 1918-11-09
kennecctt Changes Publicity Policy

IN making public yesterday its Oc-
Copper Corporation departed from its
usual custom of giving the output of
the. Alaskan and South American prop-
critics separately. Only the combined
total Of 1926, 900 pounds was an
nounced. This compared with l1,52S.-
600 pounds in September, 1870. 900
pounds in August and 1926, 900 pounds
IN July. No explanation for the
change IN the company's publicity
policy was made. In view of the re-
cent strength in the shares on the
Stock Exchange Wall Street professed
TO- see possibilities of important de-
velopments which the management is
not yet ready to make public.
New-York tribune., 1918-11-09
New York


Buffalo Packing Company Notes Sold
Here.-The National City Company an
nounced yesterday that it had pur-
chased and rcsold an issue of $1,000
900 serial per cent notes of the
Jacob Dold Packing Company, OF
Buffalo. The notes, which run from
one to five years, were offered at
prices yielding from Z per cent to IA
per cent. The proceeds from the sale
of the issue will be used to retire the
company's bank loans and provide ad-
dtional working capital.
New-York tribune., 1918-11-09
News Digest


Paris Bourse Quiet.-Paris. Nov. S.
Trading was quiet on the Bourse to-
day. Three per cent rentes sold at
SO francs for cash. Exchange on Lon
don was quoted at 26 francs 214
centmes. Five per cent loan brought
81 francs 60 centimes.
New-York tribune., 1918-11-09
Russian Securities Rise

A feeling on the part of investors
that any. peace that will be acceptable
to the Allies will leave Russia In
better position than at present was re-
flected yesterday in the bidding up of
securities of the Slavic nation. Russian
internal bonds rose sharply, touching
sl89 Thursday.
New-York tribune., 1918-11-09
Ray and Straw
Livestock, Meats, ProNsoa

Following are yesterday'c prices, crmpk-d W.
those Of year ago:
ya.erdsy yss' ~
Lave steers. fair to
primo. 100 lb $3.50 @si95o $3.50 esH7
Dressed beef. sides, .
lb. .....,...... ~ q .7s. .is o y
Lave veals common ...
10 prime. 100 ID. ls.eo @ 1000 INV "N
Dressed Teals. city.
ID. ............ 20 a 30 ~ ~
lave owes. 100 ID. $50 q 1880 7.S ""
Ityo lamDs, fair " ,s
prime. 100 bi4.50 G t675 1873 bx
Dressed mutton. ID. ..ta @ 20 rs :"
Dressed lambs. city.
Hogs. 100 1900 q 1880 100 wv
Dressed hoSs. be- s 40,
con. ID. ....-. .26,sG .26ss .2sne sd
Mess pork, bbl =. 1000 a 400 47.@ ~ ~
Mess beef Dbl $500 q $500 5iW ""
-'iie' b. Nioo'0 ~ "ess zs SOC o 1896 y.7se as
New-York tribune., 1918-11-09
Present Price on Cotton Goods Hold

NHtII NoVemDcr NV WASHINGTON
Nov. s.-The cotton price fixing COM
mittec of the War Industries Board
met to-day with rep 4esentatiycs of tho
cotton textile industry to compile s.
new schedule Of prices for cotton
goods. The present fixed price for
sotton cloths holds until November 16.
New-York tribune., 1918-11-09
S u 8 t e n a n c .
Cereals

Wheat.-As the prospects for peace
grow brighter, those who have charge
of the distribution of wheat and food
stutfs generally see visions of q big ex
port movement to Europe, where mill
I ions Of people must be fed during the
winter. 1t was said yesterday that ar
rangements are being made with the
railroads and the transportation de-
partment to move great quantities of
breadstuffs from the farms to the sea-
ports as soon as peace is assured. This
must be done with as little delay as
possible, and in this connection the
American markets are much more &C.
cessible than those Of the southern
hemisphere. At the same time plans
are also being laid to move the Austria
han and Indian crops, and Argentina is
expected to be drawn upon for supplies.
Prices for wheat in the Ruenos Ayres
market advanced TX to cents
bushel yesterday, and according to
| cabled advices German interests were
| buying there. This led to the supposi-
ton that Germany is beginning to an
ticipate peace, or at least the German
faction in the Argentine was buying
, wheat in anticipation of shipments to
Germany as soon az peace is declared.
Corn.-The corn market was ex-
tremely feverish, and the lack of
aggressive operations either way was
believed TO denote feeling of un-
certainty as we'll as keen disappoint-
ment over the fact that THURSDAYS re-
port that the armistice had been signed
proved incorrect. The November po-
sition, however, developed unexpected
strength at the close, and final quota
tions for that month were cents
higher than Thursday, while the late
! rn q
The government report, published after
the close, was slightly disappointing,
although the yield was given at 2,749,-
l9S,0oO bushels, compared with the Oc-
tobar report of 2,717 ,775 900, and last
years final crop of 3,159,494.0Oo The
amount Of corn on the farms left over
from last crop is unusually large, the
total being 118,40OOOO bushels, com
pared with 34,745,00O last year.
fes'days Previous YeaY
Corn: No. yellow 81 ASA si.s4
Chicago:
November ........ i.25 12o
oats.-The oats market was nervous
and irregular. closing 7s higher for
November and x higher to 1zc lower
for the other positions Sentiment
was divided but neither side was dis
posed to trade heavily and operations,
as in corn, we're of an evening-up
character The export demand was
less in evidence, although it was
thought that exporters were still dis
posed to buy cash oats for shipment
through the lakes before navigation
closes.
Yesterdays Previous
New York: close close. Year ago
Oats. No. white. .7sla .7sIa $50
Chicago:
November ........ .727a IL
December ....-... .7o5a 7o1a .5sls
Rye.-Market quiet.
Yesday's Previous
New York: close close Year ago
Cash. No. West. .s1.77 st.7
Flour and Meal.-Quotations were:
Yes days Previous
New York: close. close. Year ago.
Flour. Mimi, sp. pats1o.75 s1o.75 sf1.o0
Cornmeal vel. gran. 4.2s 4.2o 4.s7I,
Rye flour. choice. ..e@s.5o e@e.5o e.s5
New-York tribune., 1918-11-09
New Financing Imminent

Next week will probably sec the be-
ginning of period of corporate financ-
ing whicn has been delayed on ac-
count of the fourth Liberty Loan and
more latterly because of the uncer-
tainty of the outcome of this weeks
elections. 1T now also appears likely
that the result Of the German-Allied
truce negotiations will then be known
and, in this event, investment bankers
say the "all clear" signal will be hung
out; Among the companies which it is
understood have financing plans under
consideration are Wilson & Co.. the
Llggett & Myers Tobacco Company
and the Pennsylvania Railroad.
New-York tribune., 1918-11-09
Dividends
Extras

Indian Head Mills of Alabama. -
extra dividend of per cent hss ""
declared in addition 10 the req, :,
dividend of per cent, both pa!''y
December to stockholders Of 'e''''
November z
New-York tribune., 1918-11-09
Other Cities
Call for National Bank Statement

Call Tor National Bank Statemcnts.-
WASHINGTON, Nov. S.-The Control
ler of the Currency to-day issued a
call for the condition of all national
banks at the close of business on
Friday. November l.
New-York tribune., 1918-11-09
Bank Statements Called For

ALBANY, n. Y, Nov. S.-The State
Superintendent of Banks to- day issued
a call for Il statement of the condi-
ton of savings banks, trust companies
and private banking institutions at
the close of business Friday, Novem-
her
New-York tribune., 1918-11-09
Increases

Whitman Mills Corporation. - =
quarterly dividend has been ihs'ss
from 81 per share to IS per o.
payable November Is to stockno''s''
record November 6.
Regular Declarations s,st
New-York tribune., 1918-11-09

Nominal.
Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune., 1918-11-09
Coffee, Sugar, Tea and Cotton
seed OIL

Cottonseed Oil.-The market was in
active Yesterday, with trading largely
ot routine character. Mill orders are
improving somewhat and mills are ap-
pare""y disposed to sell as fast as tho
New-York tribune., 1918-11-09

The local market for spot cotton wa
quiet and 40 points lower at 3o.S5 for
mlddling upland compared with 31.25
the day before and 1906 the wear be-
lore. There were no sales Of spot
Southern spot markets follow: Gal
7eston quiet, 30 points lower at Sic;
sales 1000 bales. New Orleans quiet.
unchanged at 3o3S; sales 7s9 bales bales
MOBILE steady, 63 points lower at 28.75:
sales 66 bales. Savannah quiet. un-
changed at $3.50; sales 121 bales. Nor
folk steady, 25 points higher at $3.50:
sales 270 bales. Augusta steady ~
points lower at 2S.S7; sales 91S bales.
Memphis steady, unchanged at 1880;
sales 900 bales Houston steady, 20
points lower at 30.85; sales ASP bales.
Little Rock quiet, unchanged at soc:
sales 1910 bales.
Weekend statistics Of the New York
Cotton Exchange follow:
Into sight for the week. 375.eoo AZ 3e1
INTO sight for the season. 5, ,379 ,O37 4.Oo7 900
General visible supply. 1884, ,474 3.s44.72s
Increase in general visible s4,2e2 s5'5os
increase in visible Amcri-
Spnners' takngs for the
Spnners' takings for the 'o~
season ..2, ,417.515 2871 o1o
iesIeroays cotton statistics follow:
p,.+ ~ feseerday. Last wk- Last yr.
Eo .sceip'' - ss'soo 25,272 47.274
Exports 1f.o77 1926
~ 90 season s96,ee4 e62.74a 1865, ,o74
D. D. .toS. saoSks Iao.1as 1883 1877, 1878
Irt..; a."chs ''<ss'aso 1,225.394 1,o81 .857
a. .h;. .eee.pL'' xa'ooo a' x4.Ios 40.5tS
NJ snpnents' ; 's'o0o 1875 1890
" o,ooo 9.514
Liverpool Cahles.--Spot cotton Quiet
and points lower ut 21.34 for middline
a and nd 2o.92 for good middling. Sales.
American, $4,000. Futures opened ouiet
generally unchanged TO point lower
Closed irregular and unsettled at a net
decline of 81 to go points. November.
2o.63; December, 1890; January. 1918.
New-York tribune., 1918-11-09

Discount Rates.--The following table
gives the current rates Of the twelve
Federal Reserve banks on commercial
paper FOR all periods up to ninety days:
New-York tribune., 1918-11-09

oil is produced, ss they see ittls 10
ducement TO hold oil under presss'
price regulations. 1t seemed to be @
general impression that peace in Es
rope will stimulate much more aet'0
export trade.
Ray and Straw
Yesterday
(Per toni. AyaaT
Timothy. No !.
large bales $4,000 $500 s2sooeNG
No. clover mxd 22.0o927.oo 24.ooes@
Rye straw, No. ! 1e.0O92o.0o U.o0s- -
New-York tribune., 1918-11-09
Money and Credit

AS a result OF large Withdrawals of
government deposits from the banks
this week money was firm yesterday.
Relatively little new money was avail
able for the time loans, and most of
the business consisted of renewals. In
the call money market the rate became
stabilized again at per cent on mixed
collateral and 61s per cent on indus
trial collateral
Ruling rates for money yesterday,
compared with year ago, were as
follows:
Yesterday. Year ago.
Per cent. Per cent
Call money:
On mixed collateral 3Ia
On industrial cl'tI. 6La
Time money (mixed collateral):
Sixty days ....-... 5i4@5T
Ninety days.-...... 6 5N@5H
Four months ...... 6 5N@534
Five to six months s 5LeM5M
Commercial Paper.-Discounting is
going on moderately at per cent for
all maturites. The local demand is
small, with country banks the principal
buyers.
Bank Acceptances.-The bank accept
ance market yesterday was without
feature, with rates unchanged.
Thirty Sixty Ninety
Spot de days. days. days.
livery: Per cent.Per cent Per cent
Eligible
m m Der
banks. :. .4l4@4Ia 4as@4}4 4as@4A
L igi bile
noN-mem-
Der banks .49a@414 4H@4a 41a@4as
Ineligible
bank bills5Ia@s 5Ia@5 5Ia@5
For delivery within thirty days:
Per cent
Eligible member banks. ...... 4ts
Eligible non-member banks. -. as
Ineligible bank bills lls........... G
Discount Rates.-The following table
gives the current rates Of the twelve
Federal Reserve BANKS on commercial
New-York tribune., 1918-11-09
J.k.Rice, Jr. & Co. Ruv & G..

"'A"MAces SF. q 20. Buy& Spn
/ Air Reduction
American Meter Stock and Bond.
American Piano Com. and Pfd
American Snuff Com.
Com wealth Pr, Ry. and L.. Pa
Del. Lack & West. Coal
Famous Players-La.ky
Farmers Loan & Trust Stock
Crea, Northern Paper
Guaranty Trust Stock
Lehish Valley Coal Sale.
Lone Star Gas
Midland Securities
National Fuel Gas
Penn Coal & Coke
Port Lobos Petroleum \
I Remington Typewriter Stock.
Singer Manufacturing
1 J. Spencer Turner Deb. 6,
Texas Pac. Coal x Oil /
Winchester Arms
J.k.Rice,Jr.&Co,
Phones 1000 to 1910 JOHN. ssv,u-
New-York tribune., 1918-11-09

February, 1850; March 1855. Manches-
ter yarns quiet, cloths in more demand
New-York tribune., 1918-11-09

1t is not without some interest
that Nathan L. Amster, chairman of
the executive committee of the Rock
Island Railroad and at the head of
an investors association, should
make the discovery, in recent bull
!etin of that association, Of such
things as these:
at is lamentablc, ard, indeed, as
tonishing. that despite the glar-
ing exposures Of the menacing
power which these men our great
fnanciersI have over our financial
aud economic freedom" nothing has
been done TO curb or minimize it. and
to-day that power remains as vru-
teut as IL ever has been in the history
~ the country.
Ne aYc apparently content TO
watch 91pinelv and ~ suhmi. ;" the
New-York tribune., 1918-11-09

Commercial Notwithstanding is
going on moderately at per cent for
all maturities. The local demand is
small, with country banks the principal
buyers.
El Paso herald. (El Paso, Tex.) 1901-1931, 1918-05-24
STOCK MARKETS
CLOSE IS HEAVY
Speculative Issues Govern
Trading; Little Doing
in Investments.

NOTE-ouotations reflect closing prices
1Iay e.
c-e- York. lTay e4-Specul7tive issues
as a whole governed t1lay's market. rails
and other investments participating ou-E
moderately sales apprcElrllated e5--t1l
shares
The closing was heavy Liberty a1zs
sold at $3.50 TO SO. first As at si-e- Go
sass. second ss az sL70 90 50 Sc and SIS
at s7.ss 90 $500
Pronounced strength was shown ly
Fading stocks az the opening yesterday :
late rally being carried 20 greater lengths
some OF the popular issues recorded woe
fcrinE consisting Of 1900 shares az --t g
70 1I0l5. q maximum advance Of one
point one 20 three point gains were
scored by Bethlehem and Crucible Steeis-
Republic Iron. Marine preferred, BALDWIN
Locomotive. New York AirnraEe- nous
trial Alcohol and Royal Dutch oil United
states steel soon yielded its gain with
moderate reactions elsewhere Liberty
bonds were irregular. the 81 s. falling 20
new minimum Of 9I-f5-
The early setback iu United states
Steel carried other faTorltes almost two
points under thair best Of that period the
reversal also embracing coppers and OILS.
none OF their strength however Sur1alEl
Toczcco increasing SITS overnight rise TO
ten points with substantial extensions 70
S1oss-sheffeId. Colorado Fuel, Republic
Iron. Great Northern ore. American
Wooden. Philadelphia Company lnterna-
tional Paper and hide and Leather pre-
ferred- The market took on renewed
strength at noon with lresn puylns =
Steel and Marine preferred Liberty s.zs
sold at ggg 6 TO 90: first IS at 946Z 20
sAss. second IS at 9E74 20 94-so and 3
at g7.44 10 $3.50.
El Paso herald. (El Paso, Tex.) 1901-1931, 1918-05-24
SLIGHT CHANGE EXPECTED
ON SANTA FE TRAINS HERE

When the Santa Re railroads new
time card goes into effect June ..
two trains 81 and % running over the
Belen cutoff" will be taken off and
local PASSENGER travel between Clovis
and Belen. n. NJ. viii be handled by
trains 113 and rs. Between Albu-
QuerQue and FL Paso passengers VIII
be handled on two passenger trains
each way daily. as at present. but the
numbers will be chanEed-
No. sol will be the new number for
train SOC. leaving Albuquerque at 1915
al night and probably reaching Fl
Paso as at present, 10 a. m; No. S0I
viii leave Albuquerque at 1875 a. M.
instead Of 1906. as train SIS does. but
its evening time into FL Paso has not
yet been learned by Supt- W. R. Mar
tinez. Of the union depot here
Departures OF trains sos and SO.
from FL Paso. the numbers TO replace
these at present on the card. are like
wise not known In FL PasO- Supt F. Z.
Summers. OF the Rio Grande division
at san 1Iarcial. y. n. gave the intor-
nation at Albuquerque
-Four passenger trains each way
daily viii continue 10 be operated
through Albuquerque on the transcon-
tinental line OF the Santa Fe.