davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-03-22
The Elusive Eighth

at three o'clock yesterday, when the
market had officially closed, the ticker
tape, which Jagged behind, was still
moving. and so was the recorded price
OF Steel common. With the enormous
turnover of nearly half million shares
Tor the day, it had gained Az points,
Until 1T stood as the critical price of
~ Is. There was moment of tense
ness IN brokerage houses throughout
the Street as traders fixed their ewes
on the tape with shout all ready
to burst. But "Par for Steel" was not
shouted yesterday. The stock fell
back instead and closed at 9aA
New-York tribune., 1919-03-22
Wealth -Marke ts-Invest
Exchanges Close Tuesday

THE Stock Exchange, the Con-
solidated Stock Exchange and
the Curb market will be closed
next Tuesday to commemorate
New York's welcome to the 9th
Division. The governing COM
mittee announced it's decision to
close after a special meeting yes
terday. The other exchanges, fol-
lowing their usual custom, later
took similar action. The Cotton
and Coffee exchanges have al
ready announced their intention
to close. 1t is expected that the
Produce Exchange will follow
suit.
New-York tribune., 1919-03-22
Break in Italian Bonds

The news of the withdrawal of ar
titicial support from the Italian ex
change market and the resultant fall
in rates on lire bills was followed
by break IN the price of the Italian
government bonds. The internal Italian
512s, which are traded in here over the
counter, declined to $130 per thousand
lire, off $12 compared with quotations
the day before. Tney were recentiv
quoted at 1854 per thousand lire.
New-York tribune., 1919-03-22
Midwesf-Salt Creek EXCHANGE

Stockholders of the Midwest OH
Company have received an offer from
the Salt Greek Producers Association
(lnc.) to exchange it's voting trust car
tifcates on the basis Of one share of
Salt Creek, par value $25 for twenty
shares of Midwest Oil preferred stock.
par value $40, and one share of Salt
Greek stock for twenty five shares Of
Midwest Oil common.
New-York tribune., 1919-03-22
Royal Dutch Shares Prices Closer

Combined trading in the "New
York" and "American" shares of the
Royal Dutch Company on the Stock
Exchange yesterday approximated 50,-
900 shares, second in point of activity
to the turnover in Steel common. At
their closing prices the spread amount
ed to 2ss points, the "New York"
shares showing net advance of 35s
points, while the rise in the "Ameri-
can" shares amounted to 15s points.
In view of the announcement of bank
ers interested in the introduction of
Royal Dutch shares to this market, the
two stocks are entitled to the same
rights and privileges. Wall Street has
been mystitied by the discrepancy in
the prices. Since the New York"
shares were taken from the Curb and
listed on the Stock Exchange, how
ever, the quotations have come closer
together, and the prediction is made
that in the not distant future they will
be identical
New-York tribune., 1919-03-22
Bulk of Railroad
Deficit i'm 1913 in
Eastern District
Only 65 of l84 Large Rail
roads Earned Enough to
Pay Rental Guaranteed;
Pennsylvania Big Loser
Ne0 York Tribune
Wash ;,,ofou


WASHINGTON, March 21.-Of the
$214,000,00O deficit in government op-
Grafton of the railroads in 1918 Gas
compared with the guaranteed rentaD
$150,O0O,000, or 70 per cent, was in
Eastern territory-the roads east of
Chicago and north of WASHINGTON
carrying the great bulk of the war
munitions traffic, only IS roads earn
ed the guarantee.
Western roads show deficit of
S72,OOO,OOO.
In Southern territory the govern
ment made small surplus, Il little
more than $8O,000,00O above the rental.
These figures are disclosed in a
compilation of reports to the Inter
state Commerce Commission, made by
the Bureau of Railway Economics.
The result Of the years operation
by territories, as shown by prelim-
mary figures subject to minor reyi-
sions, is as follows:
New-York tribune., 1919-03-22
Eastern nas 900 ,aoo sod m 900 ,4s r SOC ooo
Western Hds 10000 900 $4,000 900 IL zoo 000
Southern Wds $4,000. 900 46 500 900 g519 161
.s 1sotal ooa,3ooooO $3.50. 500 900 s2l5 500 oot

'Sufllus. '''oo
Earnings statements of the indi-
viIdual roads show the varying e(fecta
OF the shifting Of traffic and changes
III inc character of traffic. While 1tD
out OF l81 large roads earned less than
TIER rental, few Of the other lines
earned considerable gurplusce for the
government, the total Of such sur.
pltises amounting to about $50 900 900,
hS compared with 1000, 900 in az.
grcgate deficits.
Nearly one-quartcr Gf all the deficit
was made by the Pennsylvania lines,
their deficit being $52 ,554 900 out of a
total deficit Of $2l3,5000 600. The st.
Paul had the next largest deficit, S23.
81 1000, with the Baltimore & Ohio
third, with $18,424,O0O.
The New York Central. whose prcsi-
dent, A. Fl. Smith, is regional director.
earned surplus of 81 ,443, 900, while
the Union Pacific piled up a surplus of
$22,392,0O The Southern had a sur
plus of $l0,695 ,000
Railroad men say that the big earn
lngs of the few roads which made sur
pluses are due to particularly heavy
troop movements over their lines. 1t
is said that the Southern and Union
Pacific had tremendous troop move
ments.
Among the railroads earning sur
plus above the standard return we're
these:
New-York tribune., 1919-03-22
DIVIDEND NOTICES
AIR REDUCTION COMPANY. Inc.

l20 Broadway. New York. March 49, 1913
DIVIDEND NO. 3.
The Board of Directors of this Company
has declared the regular Quarterly Dvl-
dend of 100 per share on the Commor
Stock OF the Company and the regular
Quarterly Dividend of q 70 on the Pre-.
ferred Stock, payable April Is. 1919, to
stockholders of record March 81. 1919.
w. RANDALL, SecretaryM
New-York tribune., 1919-03-22
Optimism

Optimism took front seat in the
expression of opinions in Wall Street
yesterday, and the pcssimist, if he was
about, had little to say. The talk was
that with steel prices reduced orders
on substantial scale for these prod
ucts would come, that the West, which,
according to commission houses, has
not been buying extensively in the
East, would place orders here; that the
farmers of the West, assured of S2.26
for their wheat, would buy many
things in the line of luxury, automo-
biles and the like; that the farmers
would plant little corn and get good
price for what they do plant; that the
railroads would carry all of these
things to the West, and that the coun-
try was IN line for the greatest pros
perity in its history. Let's all be
happy, was the view.
New-York tribune., 1919-03-22

Comparison Of results on the sixteen
largest systems, ranged according to
the volume of their gross revenues,
discloses remarkable variations in the
effect of the war traffic and unified
operation on their net incomes. These
sixteen systems received 60 per cent
of the rental paid by the government
to all the railroads. The list follows:
New-York tribune., 1919-03-22
Money and Credit

Call money was easier in rate yes
terday, opening ard renewing at per
cent, compared with 0 per cent on
Thursday. Ts1is rate declined to Az
per cent before the close OF the Stock
Exchange session. Loans on all~indus-
New-York tribune., 1919-03-22
INDIANA PIPE LINE COMPANY.

20 Broadway, New York, March 20. 1919
a dividend of two dollars per share has
Company, payable May Is, 1919 to stock
holders of record at the close of business
April "a 1919.
All communications regarding payment
or change of address should be sent 70 the
undersigned not later than May s. 1919
GEORGE CHESEBRO. Secretary
New-York tribune., 1919-03-22
Few Stocks on uana

Wall Street houses with connections
in the West say that there are few
stocks being held on the books of
Western houses for their customers.
New-York tribune., 1919-03-22
Finance : Economics
tcopyrisht. 1919. New York Tribune Inc,

(Copyrisht. 1919. New York Tribune Inc)
Yesterday Wall Street staged one
of those extraordinary episodes
which are the puzzlement and de-
spair of the outsider. Reductions
III steel prices averaging $6.56 a
gross ton, or 1913 per cent from the
prices obtaining since January 1,
and reduction from last years
average of $1O.40, were followed by
gains of 2 to A points in all steel
stocks. Steel common was emble
matte. 1t advanced AS points,
reached the highest price of the
present year, missed par by only 1s
of 1 point, and, in a market aggre-
eating little more than a million
shares, was traded in to the extent
of nearly half a million. And all
other industrial stocks were so
strong as to reach their highest av-
erage price Of the year.
The reason for this is fairly
plain. For weeks a reduction of
steel prices had been under discus
sion. Wall Street feared the reduc-
ton might be violent. The uncer-
tainty retarded the advance of steel
stocks compared with other stocks.
Some traders had sold heavily short
in expectation of the announcement.
And when the announcement came
it was the smallest that had been
expected But. though it was partly
case Of "bad news is out" it was
not altogether so. It is not similar.
for instance, to the recent reduc-
tons in copper prices. For the only
reason for being hopeful about
cut IN prices Is that it will stimulate
business. And there is an under
standing that the government will
now Immediately begin placing or
dcrs. There was a belief yesterday
that it would place an order for
steel rails amounting to between
100000 and 100000 tons. Con-
sumers who have been holding off
for this announcement will now
buy. The present level of steel
prices has more evidence of stability
than, for instance, the copper price
had when reduced from 23 to 1872
cents. The steel level is first of all
official" and consumers are nor
apt to hold off for further cuts. as
they might be were the reduction
made on the initiative of the steel
companies rather than on the initia-
tive of the government. Second, it
is announced that the present prices
are to hold for the entire wear.
Finally, government purchases at
this level will help to maintain il.
lt remains to be seen how great
these government purchases will be.
and 1t remains to be seen also how
great the steel demand will be from
private buyers at the new level.
That will show whether buyers have
been holding back primarily because
of price, or, as has been shown of
copper, primarily because they do
not want the metal.
New-York tribune., 1919-03-22
Office of the United Gas Improvement Co.
n. w. Cor. Broad md Arch Streets

Philadelphia. March 12, 1879.
The Directors have this day declared
quarterly dividend OF per cent Isl per
share,) payable April Is, 1919. TO stock
holders of record at the close of business
March 81. 1919. Checks Will be mailed.
l. w. MORRIS. Treasurer
New-York tribune., 1919-03-22

trial collateral were made at one-half
OF per cent higher than this.
Time money is soft" Fair amounts
are offered at 5% per cent on mixed
all-lndustrial and 51z per cent on mixed
collateral for two and three months.
Yesterday. Year ago.
Fer cent. Per cent
Gail money:
On mixed collateral 5l2
On indus. collateral 4L2
Time money (mlxed colateraD:
Sixty days ........ 5%@5A 6
Ninety days ...... 5M@5M
-Four months ... 5La@5%
Five to six months 51a@5A 6
Bank Acceptances.-Rate were un-
changed yesterday.
Thirty Sixty Ninety
livery: Per cent.Per cent Per cent. M
Eligible
=, !, banks =. .4h@4 4A@4h 4*@4A
Eligible '>@
:, Der banks. 4i@A 4a@4A 4zs@4h
bank bills.sA@4Ia sl4@4,s 5A@4N
For delivery within thirty days:
F1;o;h,o ,,x1 Per cent.
Ellglble non-member banks. 4E
Ineligible bank bills.
Discount Rates. s.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety davs.
New-York tribune., 1919-03-22

lation of foreign exchange dealers
still remains effective regardless of
the action to- day.
New-York tribune., 1919-03-22
Divid end S
In Initial

American Bosch Magnetic Company
An initial dividend of S1.50 share
on the capital stock, payable April .
to stockholders of record March 81.
New-York tribune., 1919-03-22

The Federal Reserve Bank Of New
York has put in force the following
schedule of rediscount rates which
apply to bankers acceptances: Maturi
ties up to Is days, 4 per cent; 16 to
50 days, inclusive, Az per cent; 81 to
80 days, inclusive. Az per cent.
New-York tribune., 1919-03-22

Silver.-London. 47Md, unchanged;
New York, 101 Bc, unchanged; Mexican
dollars, 77hc, unchanged.
Sub Treasury - The Sub Treasury
gained $204,OO0 from the banks on
Thursday.
London Money Market--LONDON,
March 21.-Closing: Money 31s per
cent. Discount rates, short and three
month bills 1882 per cent. Gold
premium at Lisbon, 73.
New-York tribune., 1919-03-22
Phones 1000 to 4ofo John. ss Wall st.. N. =.

ANDREW J. MCCORMACK. Auctionsef
REGULAR AUCTION SALE
STOCKS AND BONDS,
fsy ADRIAN n. MULLER a SON,
OFFICE. b5 WILLIAM ST.
WEDNESDAY, MARCH 20. 1919,
at 1890 O'Clock. At the
EXCHANGE EALEkHOOM.
NOS. II AND 10 VEhEY STREET
For account Of Executors.
$4,000 ~. Louis Southwestern ny. LIST Mtg
41S Bonds 1883
For account Of whom II may concern.
rs shs. Atohson Topeka a. Santa Te Ry.
20 shs Metropolitan casuaiiy Insurance.
Co.
90 shs Great American Insurance Co
II shs, United Gas & Electric Corpn
Conn. LIST prefd.
Is shs Merchants National Bank Jersey
city.
10 shs. Merchants National Bank Jersey
City.
1898 shs Hammerstein Amusement Co.
1900 shs Pousen Wireless Co. " T. c.
Is shs T. j. Dunn e Co. prefd.
10 shs Guaranty Trust Co.
1-3 interest in $1,000 Criterion Club.
~ y, 4eo Bonds
Is shs. metropolitan Street Ry
New-York tribune., 1919-03-22

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., 1919-03-22
Decreases

National Park Bank.-The quar-
terly dividend has been increased from
s to 6 per cent, placing the stock at
"a per cent annum basis.
New-York tribune., 1919-03-22


Predictions from London that
the pound will soon exchange for
only S4 or S3.70 may seem "very
extreme" to conservative bankers
mere, but time alone will answer the
question. 1t was remarked yester-
day that "the fact is that the 1919
rate of $4.48 reflected, not only the
placing of England's enormous con-
tracts here for war material. but
the efforts of London to protect
exchange on Paris, and, even more
particularly, the transfer of credit
balances on very great scale from
London to New York by bankers
IN America and other neutral mar
kets. That may be true, but let us
look at some figures. In December.
1913 the month before sterling ex-
ehange was stabilized, we sold
Sl25,500,O00 of goods to the United
Kingdom and bought only s27.-
ioo,ooo in return. But last De-
cember we sold that country s185.-
ooo'ooo of goods and bought onlv
so,soo,oo0 in return. Again. in the
full year Of 1915, we sold the
United Kingdom s1,191, 900 900 of
geods and brought back $685.
100000; whereas, in the full
year 1918 our British sales were
S2,o6l, 100000 and our purchases
from there $14S,600,000. If there
were additional influences in 1916
there are additional influences now
The invisible balance" must now
be vastly more in our favor than
then. We carry more goods in orr
own ships, because we have more
Of our own ships to carry them. And
In three years Great Britain has
piled up an enormous debt to us.
upon which she must pay interest.
New-York tribune., 1919-03-22

The above rates express the cost of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling, say, at $4T5M. The intrinsic
parity Is s4.86M per pound. Thus, you
say either that pounds are at dis
count or that dollars are ut premium.
which is owing TO the fact that in Eng.
land the demand for dollars with which
TO settle accounts in this country il
greater than the demand in this coun-
try for pounds with which to settle
accounts in England.
New-York tribune., 1919-03-22

Secretary Glass is withholding
decision on the rate he will fix on
the government note issue because
he wants to see what money market
conditions will be at the time it is
ffoated. But conditions in the
money market are greatly infu-
enced by uncertainty in regard to
the rate on the government note
issue. And the influence of that un-
certainty is in the direction Of
tlghtness and of higher rates.
New-York tribune., 1919-03-22
Standard

'tal .....s54o. $4,000 s29.7oI 600 $751; $50 900
New-York tribune., 1919-03-22

We advise proft-taking.-Josephthal
Evening journal., 1919-11-20
But You'll Have Get Up Early in the Morning See 1t

Partial eclipse begins before sunrise
east OF the Rockies, reaching its maxi
mum at sunrise. and ending at $50.
Going eastward over the United states,
from Dallas, Texas, 20 81. Paul, MINI,
the beginning OF the eclipse. its MAXI
mum, and ending. gets later every mile,
until at Washington. d. c., II starts 7,35
a. m, reaches its maximum at s.52, and
ends at 1921 a. m.
All over This territory the eclipse
arst is seen as a dark notch in the suns
rim, which grows larger as the eclipse
comes 10 the maximum when Il covers
nearly half the sun.
II is visible as an annular moons
shadow cast full on the sun, leaving
a rim Of sunlight visible all around the
noon along a stretch Of territory about
80. miles wide, starting at Big Spring,
Tex. and travelling southeastward
Southern Texas. southwestern Loulsl-
ana. and then across the Gulf Of Mex
leo and into the Atlantic ocean.
In Texas the eclipse begins before
sunrise, the annular phase being visl-
Evening journal., 1919-11-20

water, iather il with Woodbury's
Facial Soap, then hold it to your
face. When the heat has expanded
the pores, rub in yey gently fresh
lather Of Woodbury's. Repeat this bot
water and lather application several
times, stopping at once # your nOse
feels senat1e Then finish by rubbing
the nose with a piece Of ice Alwsys
dry your skin carefully.
Use this treatmentevery night before
retiring, and before long you will
notice how this gradually reduces the
enlarged pores until they become in
conspicuous. But DO not expect to
change completely in a week a eondi.
tion resulting from long continued
exposure and neglect.
You will find Woodbury's Facial
Soap on sala at any drug store or
toilet goods counter in the United
States or Canada. The booklet con-
tanning full directions for all 1.-The famous
Woodbury. treatments is wrapped
around each cake.
Get cake today and begin using it
tonight. A z5 cent coke lasts for a
month or six weeks of any one of these
treatments.
Evening journal., 1919-11-20
Uncle Harry Tells HOlO Our
Government is Changing g

Uncle Harry. 1t seems to me that
our Government is changing very fast
and is getting to be a different kind OF
4 government from what it used to
De-" said Joe.
Uncle Harry had hardly taken his
seat when Joe surprised him with this
uucstlOn-and surprised Jimmy and
Helen too. for they seemed as puzzled
as Uncle Harry by Joes remark.
We'll that's a good healthy sign. "
replied Uncle Harry. "for Governments
are very much like trees and horses
and coAs-and human beings too. For
you know that there is nothing in this
world that stands still and lives. II a
tree Is alive-Or II a boy is alive and
Kicking. there Is a constant change go
ing on there is constant growth. When
a tree, or boy or government stands
slill and fails TO grow or change, II
dies. There have been dead governments
in the history OF the world, just as
every once in a wh le when we are out
walking we come upon a dead tree. But
We don't want our Government to
stand still and become a dead one, and
We want " hffH ipoANA bh uiA thN
changes SO what's your particular
thought. Joe. about our Government?
Why do you say that the Government
is constantly changing and getting to
pc a different kind OF government"
The Coal Strike Injunction.
why I've been reading and thinking
about the strike OF the bltum.nOus coal
miners" said Joe. "and-what do you
call il. the injunction. that the Attor-
ney General Of the United States So
cured from the court at indianapolis II
seems to be that all this is something
new for the Government to do. Isn't
it?"
''What is an injunctlon2". added
Jimmy.
zone at a time. now" replied Uncle
Harry laughing First. I'll answer jim
my's question An injunction is an or
der issued by a judge OF the courts
when compla Mt is made to him by a
lawyer representing a private citizen or
bus ness concern. or The Government
Evening journal., 1919-11-20

II may be a city or State or the Ma
tlonal Government-that a certain in
dividual or group OF individuals plan to
act In violation OF some law, and The
Judge decides that the complaint is what
he believes TO be a fair complaint.
An Injunction Is an order from the
Judge 70 bidding the alleged violation
OF the law. In the case OF the miners.
II was claimed by the Government law
yers that the officials OF the Mine
Workers Union in planning TO direct
The strike which they had called in ac-
cordance with a vote taken By the
miners at their last convention, were
consplrlng TO interfere with the trans
portatlon and dstr but on OF food and
fuel supplies-such a conspiracy being
a violation OF one OF the war laws made
by Congress"
New York for the Government.
But the war is over. isn't it?" asked
Helen.
That's what the miners say" replied
Uncle Harry. "They insist that The
war laws went out Of existence when
the armistlce was signed on November
A., 1913, and President. Wilson declared
TO Congress the war thus comes TO an
end The Government officials say no
that the war Is not officially over un-
til Congress approves the treaty OF
peace But TO get back TO JOes FIRST
question. Our Government Is changing.
There was a time when the Govern
ment was directly interested only in
such matters as the army. the navy,
coinage Of money, the postoiiice, collect
ing custom duties, etc. But things
have changed tremendously IN the last
twenty years. Today the question Of
transportation. fuel. and food supplies,
for example, are really public questions,
and not merely the concern OF private
business. For instance. as the result
OF the miners strike President Wilson
recalled Or. Garfield as Fuel Admins
traitor and give him authority to regu-
late the distribution OF all soft coal
until the strike was settleu.
"When any question becomes a public
question the Government necessarily
Evening journal., 1919-11-20

An urezPec;-d nseting-a lat
~ terry Of eyes focused upon
L n your face Can you meet
it with oomPosure? Is your skin
Aawless? Clear, lovely in ooloring9
Or is there some blemish that
stands out meroilessly in your own
consciousness? Some fault in your
complexion that you knoY obsevant
eyes must take notice Of?
There is nothing that SC destroys
a mans or woman's Poise and self
confidence as the consciousness Of a
complexion at fault. Even a little
blemish in some conspicuous place
makes you miserably embarrassed.
You want to shrink into the back.
ground. You lose your confidence,
your gaiety. Your very personality is
dimmed just when you are most
anxious to appear ct your best.
Yet this suffering is entirely need
less. You need never be miserable
and tongue-tied from such self-oon-
sciousness. Almost anyone, by simple,
regular hygienic care of the skin, can
free her complexion of the defects
that SO commonly mar an otherwise
lovely face.
Blackheads are such a dishgure-
meut. Enlarged nose pores, a skin
that Sill get shiny These things can
be corrected.
Take care of the new skin that |,
forming every day as old skin dies.
Give it every night the right treatment
for your particular trouble, and Sithin
a seek or ten day, you will notice a
marked improvement.
Take one of the most common
skin troubles. Perhaps your skin is
constantly being marred by unsightly
lttle blemishes. No doubt you at
tribute them to something wrong in
~our blood -our authorities on the
Evening journal., 1919-11-20

BILE at about 40 a. M. lasting from
three 90 six minutes, the partial eclipse
ending at about s so
This is the second land last) eclipse
OF the sun this year. the 1rst, May %,
was invisible in the United States, the
path OF totallty travelling ac oss South
ern South America and Africa.
The November % eclipse comfs at a
time when the earth Is closest the sun.
and farthrcst from the moon. The SUMS
disk will be as large as II is ever seen
nom The earth, and at the same time
the moons disk will be as small.