davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-02-07
Copper Producers Optimistic

When the announcement appeared
yesterday that the leading copper pro-
ducers had begun to quote 1872 cents
a pound for the metal, profes ional
conclusion that this was an unfavor-
able development. They seemed to
forget that the old sliding scale of
wages had been restored and that the
pay envelope is now based on 1S-cent
copper, with the bonus system estab-
lished by the War Industries Board
still in effect. The copper trade itself
took more optimistic view of the
outlook. At last business is actually
being transacted, whereas at the 23-
cent level new orders were the excep-
ton.
New-York tribune., 1919-02-07
Savage Arms Earnings Increase

The preliminary statement OF earn
ings of the Savage Arms Corporatlodn
Tor the year ended December 81, lsls'
shows gross income of $S,S4i.zVe'
which compares with S5.227,7 74e for tne
preceding year, an increase OF 81 "
A59. Interest amounted to S29 81
After war takes. etc. OF S6,sae'S-oes
balance was Sl,374 1856, decrease 0.
Si20,6S3. Dividends paid on the mrs.
and second preferred stocks duis,s
the year totalled SSS,2ll. against sol'
81 1,3s6,275 was the equivalent to si6.N
per share on the Ss.15s,o common
stock. compared with Sl,4SS.5oy, OF
$16.44 per share earned in 1917. Aste'
common dividends of s49s.sao. surplus
was SS37 335
New-York tribune., 1919-02-07
Canada Has Wheat Problem

Canada, like the United States, has
guaranteed the price of wheat for 1919,
and is therefore much concerned now
with the quantity of exportable grain
IN the Dominion. It is estimated that
the exportable surplus now amounts to
between 10000 900 and 70,000,000 bush
els, upon which price of $2.24l2 a
bushel has been guaranteed. In opti-
mistic quarters it is felt that the Brit
ish Wheat Export Company, which has
temporarily suspended activity, will re-
vive and purchase much of this sur
plus, which has the advantage of being
nearer the home country than Austria
liza or Argentina.
New-York tribune., 1919-02-07
TO HOLDERS or
JEFFERSON & CLEARHELD COAL & IRON CO
Second Mortgage SO Bonds

y
Notice is hereby given as provided i'm Ar
ucle of the indenture dated June Is, 1896.
securing the above bonds. that sealed offers
March IA, 1919. by the United States Mort
gage & Trust Co. at its office, No 55 Cedar
Street. New York. for the sale to it as
trustee at the lowest price at which such
bond shall be offered, not exceeding 105es
and accrued interest. of sufic Mt of the
above bonds to exhaust the sum of Forty
Eight Thousand Three Hundred Fifty
Elght Dollars and twenty cents
($4S.35S.27).
Offers shall be sealed and endorsed of
ters for the sale of Jefferson u Clearfeld
Coal Il Iron Company Sc Bonds to Sink
ing Fund" and addressed to the TRUST
DEPARTMENT.
JEFFERSON K CLEARFIELD coal &
IRON COMPANY.
BY GEO. II. CLUNE Treasurer
Dated Rochester, n. Y. February :. 1919
New-York tribune., 1919-02-07
Italian Bonds Sell on Curb

A market for the Italian government
internal per cent war loan of 1918
was established on the Broad Street
Curb yesterday for the first time. One
Wall Street firm bought 100000 lire
worth of the bonds for a client on a
basis of Sal per 1000 lire. Hereto
fore all trades in these bonds have
been made lover the counter" 1t is
expected that in the future an active
market will be maintained on the
Curb. The bonds now being traded in
were purchased by patriotic Italians
in the United States, who bought them
in order to help Italy finance the war
New-York tribune., 1919-02-07

The decline in yesterdays stock
market emphasized akain that no
matter how strong the technical
position" of a market may be, it
will go down on bad news. 1t is
worth recalling, as a purely acade-
mic fact, that it does not require
short selling, nor even selling by
actual holders, to send a market
down. If prospective holders and
prospective buyers both agree that
through some piece Of news the
value Of a stock has become less,
that stock will fall, even if there is
not sale, a fact demonstrated
every day by the daily changes in
bid and asked quotations for mac
tive securities.
New-York tribune., 1919-02-07

the proposed treaty or compact be-
tween the states of New Jersey and
New York submitted for public discus
sion by the New York-New Jersey Har-
Dor Development Commission The
meeting also approved of a proposal
asking the United States Railroad Ad-
mhistration to retsore at this port
the lighterage service as it existed be-
fore the war.
New-York tribune., 1919-02-07

How can we correct it? Must we
go on lending money to our Allies
to enable them to buy our goods,
and to keep the exchange position
from growing worse? Then to
whom shall we lend? Before we
entered the war private individuals
and business men in America lent
money to Great Britain, but they
lent the money to the British gov
ernment, not to British private in
dividuals, for the simple reason
that it was the British government
that was purchasing here. When
we entered the war it was our gov
ernment, and not directly private
individuals, which lent money to the
Allied governments. Now it is
European private individuals and
business firms that will want to buy
from US. What can we take in pay
ment? Goods? But we shan't
have need of as much goods as we
send out, and our Allies shall not
Immediately be able to produce suf-
ficient surplus above their own
needs. The most obvious solution
is that we Will have to buy the Sc
curities, not necessarily of their
governments, but Of their indus
trial and railroad corporations.
New-York tribune., 1919-02-07
Wealth.
Telephones
Beekman 5000
Beekman 8243

at the new level, in other words,
whether a sufficient volume of buy
ing will continue there to keep the
price up, or whether still further
decline will be necessary.
New-York tribune., 1919-02-07
Annuling German Bank
Notes i'm Runania

According to the Hamburg "Frem-
denblatt," the Rumanian government
has instructed the Ministry of Finance
to annul ali banlSnotes given out by
the German Army of Occupation, which
amount to about 2.000,0o0,O0Q lei Cat
New-York tribune., 1919-02-07

The important question to be
asked about the sudden change of
front on the part of leading copper
producers, in cutting the fictitious
price Of 23 cents a pound to 18 1-2,
in one cut, and in selling in one day
some 100000 or 100000 pounds
Of the metal, is whether the cut in
duccd this amount of business, or
whether this amount Of business.
offered to them, induced the cut.
The answer to this question would
throw light on whether or not
market has really been established
New-York tribune., 1919-02-07

The Federal Reserve Bank of New
York has put in force the following
schedule of rediscount rates which
apply to bankers acceptances: Ma
turtles up to Is days, per cont; 16 to
SO days, inclusive, Az per cent; 81 to
90 days, inclusive, Az per cent.
Bank Clearings.-Bank clearings yes
terday were:
Exchanges. Balances.
New York $685., ,029,4 ,49S $50, ,945, ,234
Boston .. 51,96o,524 18,o14,55O
Philadelphia. 64,786,675 1889 ,243
Sub-Treasury. The Sub Treasury
lost 100000 to the banks on Wednes-
day
Silver.-London, 4Si5d, unchanged;
New York, 1O1 Mc. unchanged; Mexican
dollars. 771ac, unchanged.
London Money Market LONDON,
Feb. 6.-Closing: Money, 31s per cent;
discount rates for short and three
months bills. 1872 per cent; gold
premiums at Lisbon. 67.00.
New-York tribune., 1919-02-07
Relevant Comment
New Barrett Contract Reported

After several weeks of comparative
dulness Barrett Company stock be-
came more active and sold up to 115
yesterday, with the closing at 113, a
net advance of 21a points In connec-
ton with the rise reports were heard
that the company has or is about to
enter into profitable contract for the
sale of benzol, one OF it's by-products.
to the Standard Oil Company During
the war the government took all of
the company's benzol
New-York tribune., 1919-02-07

New York banking syndicate
may extend a s5O,OO0,OOO trade
loan to Belgium, the proceeds to
be used for buying reconstruction
materials from us. This throws an
Interesting light on the question of
how we are going to sell our goods
to Europe in these days. With our
Allies the American dollar is at a
premium, which is to say that the
Englishman, Frenchman and Ital-
ian have to pay for our goods not
only the added ocean freight
charge, but a premium besides,
which amounts to 2 cents more on
every dollars worth of goods to
England, 5 cents more in Europe,
and % cents more in Italy. We can
buy goods from those countries
with a corresponding reduction in
price. This encourages our buying
goods from them, and discourages
their buying goods from us. But
our Allies are going to need great
deal more from us in the next few
years than we are from them. And
the more goods we sell them, and
the fewer we take back, the worse
becomes the exchange position;
that is to say, the higher the pre-
MUM we exact from them and the
greater the discount at which we
are able to buy their goods. Such
a process could go on only to time
when that sort of trading would be-
come prohibitive.
New-York tribune., 1919-02-07

The above rates express the cost of
foreign money in terms of the Amer
lean dollar. You buy an English pound
sterling, say, at $4.75A The intrinsic
parity is $4.s6ss per pound. Thus you
say either that pounds are at dis
count or that dollars are at premium,
which is owing to the fact that in Eng
land the demand for dollars with Which
tn settle accounts in this country is
greater than the demand In this coun-
try for pounds with which 60 settle
accounts in England.
New-York tribune., 1919-02-07
The Dollar in Foreign Exchange

Sterling exchange displayed a firmer
tone in yesterdays market, sight drafts
on London advancing to $4.7585 against
S4.7580 on Wednesday. Paris rates
were firm. Neutral exchanges closed
steady.
Closing rates yesterday, compared
with week ago, follow:
New-York tribune., 1919-02-07

Nominal.
Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated ty the United
States Mint
New-York tribune., 1919-02-07

Argentina is arranging for a
new credit of $20OOO0,OOO to Great
Britain, and, apparently, the intent
is to lend that much every year for
three years. The credits we grant
to promote our foreign trade must
be correspondingly larger. Stu
dents of the situation have esti-
mated that it may be necessary for
US to buy from Europe for a num-
ber of years from 81 100000, 900 to
81 100000 of securities year.
But these stocks and bonds would
compete with our own. There
would be the same amount of mon
ey to buy greatly increased
amount fbonds and stocks. The
result would be to lower the price
of our own securities below what
they otherwise would be. And we
still have a heavy government loan,
while our own railfeads and in
dustries may need to borrow a good
deal. That is our present dilemma.
New-York tribune., 1919-02-07

Wall Street affects to be pessi-
mistic because Of is fear that basic
commodity prices will drop from
the present level, and when the
prices drop, especially, when the
drop be violent, Wall Street speaks
Of "the satisfactory way in which
readjustment is proceeding"
New-York tribune., 1919-02-07
Money and Credit

Offerings of call money were fairly
liberal in the local market yesterday
and business was done at the Stock Ex
change on basis of Az to per cent
Offerings of fixed date funds were
fair, but there was no change in rates
Yesterday. Year ago.
Per cent. Per cent
Call money:
New-York tribune., 1919-02-07

On mixed collateral 4l2 4Ia
On indus collateral
Time money (mixed collateraD:
Ninety days ...... @5M 534 -
Four months .... 5 @5M 534@6
Five to six months @5M 5A@6
Bank Acceptances. Rates we're
steady in fairly active market yes
terday.
Thirty Sixty Ninety
Spot de days. days. days.
livery: Fer cent Per cent Per cent
Z G b e
member
banks ... .4a@4 44@44s 4Iy@4A
E & b e
non-mem-
Der banks.4is@4 4h@414 4as@4a
Ineligible
bank bills.5A@4Iz 5Is@4Is 5A@4s4
For delivery within thirty days:
Per cent.
Eligible member banks. ..... 4is
Eligible non-member banks. .. 4Ia
Ineligible bank bills s
Discount Rates.-The following table
gives the current rates Of the twelvs
Federal Reserve banks ON commercial
paper for all periods up 10 ninety days:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
KOREA WILL BE
FIRST CHRIST IAN
NATION IN ASIA
Secretary of State of NewPro-
viSional Government Says
Heather Government Will
Not Be Stood For,

fsY moRhIH5 JOURNAL SPECIAL LEASED wiREi
Washington, April 7,-Dr. Syngman
Rhee, who, according to cable dis
patches from Shanghai has been
named secretary of state of Korean
provincial. revolutionary government
established in Manchuria, issued a
statement here today in which he
declared 1t the intention of the Lead
ers of the movement to make a chris
tian country out of Korea "once it IS
free of Japan"
This said the statement, would
make Korea the first independent
country in Asia to become christian
Koreans will not stand for a
heather autocratic government like
that of Japan. They have been
trained under American christian in
fluence, and the leaders are all inn
bued with American democratic
ideas. Seven of the eight members
of the cabinet of the provisional gov
eminent are Christians and onr gov
eminent will naturally follow the
American form of government as
nearly as it can be done.
Koreans are united in their de.
mand for democratic christian gov.
eminent like that of the United
States. Hatred of idol worship is a.
the bottom of the detestation which
Koreans feel for Japanese authority
which requires worship of the mi
kado's image. Hundreds of time.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
GENE RAJ S|NUTZ
MAKES PROPOSAL
To HUNGAR|ANS
Suggests That Budapest With
draw All Troops Along Ger
tain Line and RunanianS Do
Likewise.

Budapest April G (Sunday, by the
Associated Press, l-Gen. Jan Chris
tan SHUTS, the peace conference rep
resentative to Hungary placed his pro-
posals before the Hungarian commun-
list government Saturday. This includ,
ed the following:
The Hungarian government to with
draw all troops west of a line which
General SHUTS outlined, that Ruman-
ian troops be ordered not to advance
beyond their present positions and
that the territory between the line
drawn by General SHUTS and the Ru-
manian army be neutral and be occu-
pied by British. French, Italian and if
possible, American troops,
That the Hungarian government ac-
cept the terms of the military conven-
ton concluded last November 10, by
the Hungarian government with the al
lied powers; that the aforementioned
line of demarcation has no influence
on the territorial arrangements in the
final peace conditions and that GEN
eral SHUTS will propose to the peace
conference to raise the blockade of
Hungary immediately and allow facil-
tiles for the immediate import of
prime necessities, especially fats and
coal.
General SHUTS also suggested that
he would propose to the peace confer
ence that before it finally determined
the political frontiers of Hungary il
should invite the Hungarian govern
ment to send representatives to Paris.
These representatives would formu-
late their standpoint on the frontiers
and the questions arising from them
in special conference with repre-
sentatives of C2echo- Slovaks, Jugo-
Jugo-Slavs, Rumanians and German
Austrians. A representative of the
allied powers would be chairman of
the special conference.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
C0SSACKs STOLE
-FOUR MILLIONS
FROM BOLSHEVIK|
American Consul at ArchangeI
Arrested and North Russian
Government Officials Also
Kidnapped,
lss MORNING JOURNAL SPECIAL LEASED w,ps,

Archangel April Saturday, by theI
Associated Press. The theIt of four
million Bolshevik ruLles by bandI
of Circassian Cossack officers, whose
activities also included the arrest of
the American consul at Archangel and
the kidnapping of the north Russian
government, was explained at the trial
of the officers today before the SUI
preme judicial authority of northern
Russia. The officers, among whom
were Captain Beers and Colonel Melia.
were convicted and sentenced to inn
prisonment and deprivation of their
rank and decorations. Because of
their military valor the court recon-
mended that they be pardoned.
The defendants unfolded an aston
ishing story of the inner details of
the days before the allied troops land
ed at Archangel and of the political
plots taht occurred afterward. They
admitted nearly every accusations
pledging old Cossack laws and the
political situation as Justification.
Last July, when an allied landing
at Archangel seemed imminent, Cap
tain Bers and the other Cossacks were
aligned with the Bolsheviki. AS the
allied transports approached the city.
the bulk of the Bolshevill fleet fled,
but Bers and the CossackS remained
behind as did Colonel Potapoff, the
Bolshevik commander who was ar
rested later.
Captain Beers seized the safe con-
tanning the Bolshevik war fund of four
million rubles. Then, with Colonel Po-
tapoff the Cossacks arrested the
American consul, Felix Cole, the Brit
ish and French consuls and the
French military mission. The alleged
officials were taken to a barn and
hidden, the Cossacks holding them
and the money as hostages until
something definite happened.
When the allied and the local coun-
ter-revolution broke out almost sim
ultaneously on August 10, the con-
suls were released. The Cossacks,
however, after declaring themselves
ready to support the new government
and claiming that they were secretly
against the Bolshevki throughout,
kept the four million rubles as Co.'S
sack prize of war
At the trial it was revealed that the
money furnished the financial sinews
Tor the attempted coup against the
north Russian government early in
September when, under the direction
of colonel Tchaplin, the Cossacks kid
mapped Poresident Tschaikowsky and
other members Of the provisional gov
eminent at midnight and spirited
them away to lonely monastery near
the White sea.
1t was largely through the inita-
tive of American Ambassador Fran
Wis that the attempted coup was
frustrated and the members of the
government released and reinstated in
their offices. The defendants said that
much money was spent in bribing va
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
When the Baby
Needs a LaxatiUe---

No one knows better than the ever watchful
mother-the natural doctor Of the family in
all the smell iils-that when the baby is out
of sorts it is usually due to indigestion or
constipation.
1t is always well, in any of its illnesses, to
look for this cause. The diet may have to be
changed, but before good can result from it,
the bowels must be moved,
The mother has the choice of many medi-
cines-cathartics, purgatives, bitter-waters,
pills, physics, etc. But the little body
doesn't need such harsh remedies for they
wrench the system and do only temporary
good, so often followed by an unpleasant
reaction.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
How DiDhtheria Is Contracted.

One often hears the expression. MY
child caught severe cold which de-
veloped into diphtheria," when the
truth was that the cold had simply
left the little one particularly suscep-
tible to the wandering diphtheria
germ. If your child has a cold when
diphtheria is prevalent you should
take him out of school and keep him
off the street until fully recovered, as
there is hundred times more danger
of his taking diphtheria when he has
cold. When Chamberlains Cough
Remedy is given it quickly cures the
cold and lessons the danger of diph-
iberia or any other germ disease be-
ing contracted.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08

A better plan IS TO employ mild, gentle
laxative of which only little is required.
There is a combination Of simple laxative
herbs with pepsin sold by druggists under
the name of DR.. Caldwel's Syrup Pepsin that
thousands of mothers have used successfully
for babys constipation and its accompany
ing ills, such as belching, wind collie, rest
lessness, sleeplessness, etc.
The nursing mother will also find it ideal
for herself, and it is especially important that
she be free from constipation.
Syrup Pepsin is guaranteed to do as prom
Used or the druggist will refund the money.
Thousands of cautious families have it in
the house, secure against the little uS
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08

rious officials not to interferere with
the kidnapping.
Political conditions were pleaded
as justification for arresting the mem
bers of the provisional government,
From some source the defendants
were able to restore all of the four
million rubles they had taken and
they have handed the money over to
the present government. The men
were tried on the charge of taking
funds belonging to the government.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
Units Ordered Home.

Washington. April limits as
signed to early convey from France
were announced by the war depart
ment today as follows:
Evacuation hospital company num-
Der two, aero squadrons 1873 and GAS
photo section number IA.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
TOMBSTONE EVIDENCE.

Pittsburgh Chronicle Telegraph =.
The lawyer was examining a wit
ness and asked him about the charac-
ter of the dead man who figured in
the case, to which the witness replied:
He was Il man without blame. be-
loved and respected by all. pure in
all his thoughts and"
How did you learn that?" demand
ed the judge
II read it on his tombstone" was
the disconcerting reply.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08

Launceston, Tasmania, April Z, via
! notwithstanding soldiers object
ing to sentiments expressed by a
speaker stopped a big union meet
ing here on Sunday.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
WIN Fight Dlsloyalty.

Brisbane. Australia, April Z, Via
Montreal.--At a meeting of returned
soldiers held in the exhibition
grounds on Sunday. ten thousand vol
unteers were enrolled as an army tc
fight disloyalty.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
N DR.. CaidUelPs
SYRUP DEPSIN
The Perfect n Laxative
FREE SAMPLES

n you have never used DR. Caldwell's Syrup
Pepsin send for free trial bottle TO DR. B. CALDWELL
46S Washington ST, Monticello, IN II there are
babies at homo ask fos q copy Of DR.. Cadwens boes
The Care Of Baby
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
PRICE As ALWAYS

In spite OF greatly increased laboratory costs due
60 the ,Wer by sacrihcing profits and absorbing war
taxes we have maintained the price at which this
family laxative has been sold by druggists of the past
20 years. Two sixes-50c and $i.o0.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-08
Riots in Bombay.

London, April Z, via Montreal. --
Discomfort among retail dealers in
grain in Bombay, India, has resulted
in rioting there, Reuters correspond
ent at Bombay reports under date of
March 81. Two thousand dealers at
tackled the office of the assistant food
controller and several of them as
holding an inquiry. No arrests have
been made.