davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-01-19
Fiune Is Necessary
10 .,ugo-SIav State

IT, at the worst, Trieste becomes
Italian on condition that economic
right Of passage through that port De
assured to Bohemia and the region
around Vienna. which obviously must
not be cut off from the sea then the port
Of F'iume cannot become Italian with
out preventing the Jugo-Slav state from
continuing to exist and provoking in
cXtricable difficulties. A glance at the
map Will convince anybody that Fiume
is the only important port on the cast
orn shore of the Adriatc, and that it is
indispensable to the existence of the
Jugo- Slav state. Moreover, a democ-
ratified Magyar state and eastern Bo-
hcmia both must have the right Of
economic passage through Fiume, which
is their only possible outlet toward the
sea.
Fiume, therefore, is, in reality, a port
for 35,000,000 inhabitants of Central
Europe. Now, this port could not play
I'S 4HuI SpcHSaDle pdAI ii IL IS itdlldH
and for very simple reason. The
Italian occupation OF Fiume and Dal-
malta would inevitably group against
Italy all the peoples who have moral
and practical interest TO oppose the
closing Of the Adriatc and lettering
the liberty Of the JugoSlavs, namely
the Greeks, Rumahians, Czccho-Slovaks,
Magyars and JugoSlavs, or a total of
something like fifty million inhabitants
OF Central Europe. This result would
he ncvit hle
New-York tribune., 1919-01-19
Five Viewpoints
To Be Con sidered

With this situation in mind, let us
now note two regions in territories dis
puted by Italians and Jugo-S Slavs. The
first is Gradisca. in Gorizia, and the
peninsula of Istria. The second is the
important port of Fiume in Croatia and
the long seacoast OF Dalmatia.
To be fully understood the italian.
Jueo-Slav controversy must be studied
suecessively from the following view
points;
]. Local technical point of view.
?. European peace viewpoint.
3. Viewpoint of the principles
whicn brought American nterven-
ton
g. Viewpoint of a league of nations
.. Viewpoint of Freedom Of the
seas"
New-York tribune., 1919-01-19
RHODE ISLAND:
GORDON. L. r

RHODE ISLAND:
GORDON. L. Z. corp Rockville ID D..
SOUTH CAROLINA:
SoCkFlELD. Charley. Scranton ID D..
DUNCAN. Howard. Sumpter ID A.
EZEkIE King. Darlington 10 d..
LIVINGSTON. Charlie F. Nor~- da W.
hoBlNSoN, Edw.. Summerton o.
1ANCh W. C.. sgt. Johnson ID D..
TEXAS:
4; RI;icH4RDSoN. z S," James G. lieut., Liberty
BRADFoRD. Albert G.. Blossom ID D..
CCAR1oCk- c sRlqGII Charles, Terrell ID A.
"a aaNiRELL. J; l.. Honey Grove tD D..
GANNAWAN, Homer Wingage ID D).
" " 6RE l, Calvin ). Llano % d.
NORRELL. Henry w. Provident City
OLIVER. Roy b, McGregor ID D..
RoQSEBouRGH. julius. onalaska % p.
KAdLS. Otto g.. Nocona ID w.
TURNER. Thomas J.. Abernathy ID d.
WHITE, Roy Nj, Sherman ID w.
TENNESSEE:
FLYNN. c. c. sgt. Memphis n A.
0HREN. Frank. Johnson City u w.
SMITH, Yester. Alexandria % d..
THATCHER. Turley B., Nashville ID VI
WILSON. Ii. S. corp. Jacksboro I'd W,
UTAH:
DON. Joseph r. Salt Lake City % D..
VIRGINIA:
NMILER. Nicholas l.. South Norfolk
LINK ;Tiney j.. Chilhowie ID A.
MACARRONL Agostina Roanoke u u.
MELTON. Lawrence d, Atlec % w.
WISCONSIN:
BRIHM. Adolph Clear Lake ID W
RERINGER NJ. A.. Waukcsha % W.
kNuDSON. Ambrose 5. Sturgeon BAY
ID W).
TRACY. Sam J.. Plattsvlle % W
WEST VIRGINIA:
RICHARDSON. James G. Raleigh Coan-
y ID W..
REYNOLDS. R d. Purgittsville epWl
WANDER WANDER. Foster. corp Circus
vile Cd D..
WASHINGTON:
4RGALL. Il. L.. lieut.. Spokane ~ ".
-, hENGkE Earl A. corp. Spokane (Kl.
VAN DYKE. Lloyd c.. Buffalo 10 D..
Foreign Countries
CANADA:
Miller. Lloyd c. CORP. British Column
bia ID w.
DENMARK:
:, AMDERsoN Andrew G.. Roskilde opA).
=, sTATKATIs. Neuclas. Athens ID ~.
.DEGERoNINMO, sabatino. Rionero San
nItico Conpobbasso ID A..
COLOTTA, Frank. Itaho ID w,
New-York tribune., 1919-01-19
" hat j. Taught
In Italian Schools

"Yen IN Italian schools it is non
.'"frsily taught that Itaiys natural
..'''aers are determined by the watcr.
va q thn Alpine chain az far ~
New-York tribune., 1919-01-19
Died of Disease

DEKKRUiJAF, Theodore Iieru.. Frecport,
ARNcKE. Henry. 81 Himrod Street,
Brooklyn.
Coo(NEY. James. Long Island City. y. Y
we'll Avenue, New York City.
DANGUY. Victor. "A West Forty-ninth
Street, New York City.
DORIS, Dennis j. aS9 Cold Street
GORDON. Sam. 217 Madison Street. New
York City
HUsKoWITz. Herman. 4os Manhattan
Avenue. New York City
PARKER. George A. 1899 Daily Avenue,
New York City.
sCHULTHEIss. c. c., 526 Second Avenue,
New York City.
sTRANO, Leonardo, 229 East Tooth Street.
New York City.
Died of Wounds
V;AN DORM, Philip y. lieut., Asbury
&C. GoLDFARB L, Harry, esS Home Street.
LEVINE, Morris. 557 Georgia Avenue.
Brooklyn.
PIERCE. Jesse. Asbury Park, N. ].
Died of Accident
HoRNEsTEIN. David c., 1873 Eldridge
Street, New York City.
SHIRE, f. H., sgt. Richmond Hill, Ny.
Wounded Severely
BOLDDINGHAUS Waiter e., lieut., Vest
NclO Brighton. N. Y.
New-York tribune., 1919-01-19
Casualty List

WAof1lNGION JAN 8The casualty list, public by
the War Department to-day officers
sted men Of these II killed
OF accident and other
ere % wounded wounded slightly
ana 43 were
The fu list for New York City vicinity
Connecticut and the list follow
TOTAL NUMBER OF CASUALTIES DATE, INCLUDING THOSE
REPORTED
New-York tribune., 1919-01-19
Army Reuisions
Ne,c York City and Vicinity

hilled in Action, Previously Reported
Missing
n M INQUIRE, Charles r.. 1882 Brook Avenue.
Street, Ncw York City. ''
Died of Accident and Other Causes.
Previously Reported Missing
Brooklyn. nut
Died of Wounds. Previously Reported
Missing
BARClk, StanisIau. Bayonnc. \. J.
ohlChWA. John. Jersoy City. N
New-York tribune., 1919-01-19
l,alv's Claims
o., the Adriatic

1hea Per~tGent Wilson first arrived
IL Pa 81 s,,iians set up q claim for
ab-a'p-s cJ2lW&so.. Of the Adriatic,
eo4n)ri1s >,lh .he ,iuso-Slav cims of
c1lssolrr. LOST & . eastern Adri-
*. 4,Ate, 80 eta - aaat of Croatia
and Dalma,ia.
Italy's attitude, while not pleasing to
Jugo- -Slovs, was Of inestimable service
to the Allies in that it forced an aban.
donment OF idealistic discussions on
the league OF nations in favor of real
istic problems demanding immediate
solution.
Furthermore, since Italy's preten-
sions are diametrically opposed to
those OF the Jugo- Slavs, the result has
been peremptory demonstration that it
is premature-evcn absurd-to seek the
foundation Of league OF nations be
fore first solving concrete difficulties
arising from the war
New-York tribune., 1919-01-19
Marines Casualties
Ne,c York City and Vicinity

Marines Casualties
Ne,c York City and Vicinity
Died of Disease
FLANAGAN. James D.. $40 Berger
Street. Brooklyn.
Wounded Severely
BLANCHARD. Bernard. l7s Fcnimorc
Street. Brooklyn
Missing in Action
BAILEY. Thomas r. Hasbrouci. Height.
To~NsEND. E. l.. indianapolis. % W.
ILLINOIS:
WISE. Guy. Ipava W
KANSAS:
SMITH. Peter s, Shawnee % W
LOUISIANA:
COLLINS. r T.. CORP. Coma ID r.
MINNESOTA:
ERWIN, Joseph A, St. Paul ID W
MISSISSIPPI:
Jones. Ansem P. Raleigh % w
OHIO:
sULLIVAN. ". j, Springfield ID W.
PENNSYLVANIA:
WEIR. Z. W. sgt, Hazelton D W.
TENNESSEE:
WALLER. c. O.. Chattanooga *
" WASHINGTON:
Bull, Albert n. stanwood *.
New-York tribune., 1919-01-19
Dalmatia Is Declared To
BE Necessary to Guard
Rights of the Italians
F;,,,,le and Trieste
Are Big Problems
Freedom ~ Seas Adds
to the 3'erplexities Of
De emands by States
Bv Andre Cheradame

,roo,s.sht 1913 New York Tribune Inc)
Special Ccbis Servacc
PARIS. Jan. Is. - Contradictory
claims Of the Italians and Jugo-Slavs
on the northern shores Of the Adriatic
constitute one Of the most serious diff
eulties to be presented at the Peace
Conference The proposed league Of
nations ard boundary settlements hinge
on an smicable solution of the com
plex problems brought about by the
JusoSlavs' plea for united state.
Numbering at least 100000 popu-
lation the groups of Slovenes of Aus
tria, Serbo- Croats of Austria Hungary,
Serbs of Bosnia, of Herzegovina, Of
Serbia and OF Montenegro are really
one people and desire to live hence
forth under one government of their
own-an independent. united state,
New-York tribune., 1919-01-19
ElsetUhere

Character indicated follows: (Kf killed
action; (W) accident other
Cd w wounds; Cd disease; missing;
(P) Prisoner.
New-York tribune., 1919-01-19
Marines Rerisi0ns

Killed in Action, Previously Reponed
Missing
APPLE, Felix, 632 Broadway, New York
City.
In Hospital, Previously Reported Miss
ing
RHODES. Robt. j.. Jersey City. Nj
O'DONNELL. II j., Gloversvie. n. Y
Present for Duty. Previously Reported
Missing
PALsGRovE. H. P, Phillipsbufg. n J.
New-York tribune., 1919-01-19
Wounded, Degree Undetermined. Pre-
viousIy Reported Nissina

""''S NepVii iieu missing
MEIXNER. Frank, Newark. H. :
MEDNITZKY. Abraham a04 Eilerv
Street Brooklyn '
MEHRTENs. John W. 3Soa Iafagette
Avenue, Brooklyn. ~
RAMlETKE Martin. Rav Side ~ y
~ TolA. James 425 East Sixty-hfth street.
vATINo, creszenzo. 49s Carroll Street.
W!pMANN. Peter G.. 1921 Fulton Street.
Brooklyn
woLFsoN. Joseph, 48s Saratoga Avcno.
Brooklyn.
Sick in Hospital, Previously Reported
Missing
MCARRAN James A.. Is Linden Ave
nue.. Brooklyn.
oBRiEN, John J.. 1921 Tberiot Avenue
RooME, James A. az Eighth street.
Brooklyn.
ROONEY Thomas P. stapiefon N.
VALENTE. Umberto A.. 633 Myrtle Ave
nue.. Brooklyn
CONNECTICUT:
BOLTON. William r.. New, Britain ,K.
previously reported M.
NEW YORK:
HESTER. Virgil. Syracuse CK. previousIy
LEROY. David c. Parksvi1e Cw. rreyi-
ously reported M
MCASKEY, Harvey b. Poughkeepsie CW.
previously reported Nj
OLSON. Victor falconcr lcrroncoJsly
previously reported k)
USSELMAN. Frank X, corp. Rochester
fsick III hospital, previously reported M
New-York tribune., 1919-01-19
REPORTED BELOW:
Ne,o York City and giciniiy

BECK George W. 800 Gold Street
Brooklyn
BEKAs. Gus. PSI East Eleventh Street
New York City
\, CACcIToRE, Alphonso. &C. Goerck Street.
New York City
uayi 0LNAE: Z e Leroy F. corp. Far R0eAa-
GIBLIN. Frank 4ls East Nineteenth
Street, New York City.
MACGUIRE, Ronald, 500 West Hath
Street, New York City
PETROS. George, SO Warren Street. New
York City
scHAFER. William. 10 Judge Street.
Brooklyn
TlLLERY, Thos- H corp. Newark. N J.
Wounded degree Tn.
determined)
MMANN. 7. J., corp, Jersey City. n. ].
RICE Andrew T., corp, $50 Sterling
Place Brooklyn
Wounded Slightly
zooMAN, Albert B., capt. Perth Am
Williamson. F. r.. Jersey City, N J.
Missing i'm Action
EsPos1To, Joseph T.. 100 West Ninety
sixth Street New York City.
HOFFMAN, John H, Port Chester. N. Y.
LAPIAK Bronisaw. Kearny. N. J.
OMMINDSON, Gustav 959 Kingsland
Avenue. Brooklyn.
ROSENBERG, Hyman, CORP "a Sheriff
Street New York City.
7here
New-York tribune., 1919-01-19
" ounded Severely

BLANCHARD. Bernard, l51 Fcnimorc
Get BrooklNn
New-York tribune., 1919-01-19
Wounded Slightly

zOOMAN. Albert b.. capt, Perth Am
boy. N. j.
WILLIAMSON. F. r.. Jersey City. N. J.
New-York tribune., 1919-01-19
Wounded degree Tn.
determined)

MMANN. 7. J., corp, Jersey City. n ].
RICE. Andrew T., corp, $50 Sterling
? lace. BrooklYn.
New-York tribune., 1919-06-17
Royal Dutch Petroleum
Co. Pays 1925 Dividend

London advices to the financial dis
trict yesterday reported that the Royal
Dutch Petroleum Company had de-
clared final dividend of 25 per cent
payable June 80, making q total of 40
per cent for the year. Based on the
present rate of exchange, the Ameri-
can shareholders will receive the equiv.
alent Of approximately 1925 a share
or total distribution of $5.35 for the
year.
In the proposed increase in capital
from 30,0O0,OO0 to 400, 100000 guilders
shareholders will have the right to
subscribe to one new share at par for
every four shares now held. The sub
scription lists will remain open from
June 16 to July 4, inclusive. Amster.
dam and London stockholders, it was
reported, will be given the right to sub
scribe to 42,763,s00 gulders in 900
and 100 guilder shares at par, under
the existing plan. Failing sharehold
ers approval at meeting to be held
June 30, new subscriptions will be re-
turned.
New-York tribune., 1919-06-17
The Markets
Another Break

The break in Stock Exchange prices
yesterday cqualled that of Tuesday.
June 8, the first and hitherto the larg-
est break in the present movement.
Thirty industrial shares fell more than
points in their average price; rail-
road stocks fell less than point That
the break i'll industrial shares should
be SO much greater than that in rail
road stocks is not surprising when one
considers that the industrals rose 80
points IN sixteen weeks and had gone
back only in the last two weeks,
While the rails had risen only 81a
points and had gone back 81. The in
dustrals have now reacted 7 points
and the railroads an. In percentage
less than one-third of the industrial
gain has been wiped out, against more
than onehalf of the railroad gain.
The market opened weak, probably
due to selling orders from commission
houses and the country, under fear of
the $656,000 reserve deficit in Satur-
days Clearing House bank statement.
This was followed by what appeared
to be selling by professional traders
of stocks which they did not own, in
an attempt to reach more "stop-loss"
orders and create further fears.
Toward noon came a slight recovery.
but in the afternoon, when call money
had risen to IL and Is per cent, the
break came again.
AS on Friday, there were not even
gains in isolated specialties. The
whole list fell, with losses of 2, q.
and 1917 points in active stocks. At
lantic Gulf fell 64 points, Baldwin
Locomotive 6a, Marine common 3A,
Marine preferred AZ, Lackawanna
Steel 5, Royal Dutch New York SIS,
Studebaker 7, Texas Company 1912 and
Steel common 3.
Trading was less than 100000
shares.
New-York tribune., 1919-06-17
Wealth-Mar kets-Invest ents
kets, as it would help the foreign ex-
change situation.

kets, as it would help the foreign ex-
change situation.
Mr.. Davison's suggestion is that the
investment corporation, if it takes that
form, issue a single debenture bond
against all its advances to Europe A
single security, of compelling attract
iveness, it is proposed, should be Of
fered for wide distribution among the
people in every state in the union.
The banker declared that it was not
the purpose of the American fnanciers
to exact anything detrimental to the
interest of the people in Europe, but
the objective was to extend credit on
normal lines on proper security. The
exact nature of the security, not yet
determined he added, would perhaps
vary in the case of each country.
Switzerland, it was suggested, might
be able to get better terms than some
of the belligerents because of it's rela-
tive financial vigor.
Will Cooperate With Government
Although the government of the
United States will have no representa-
tion in the new machinery of trade
and credit, Mr.. Dawson said, in reply
to an inquiry, everything will be done
in the closest cooperation and with
the cordial approval of the govern
ment
New-York tribune., 1919-06-17
20 Per Cent Money

The price of money is transiently
more discussed than the price of
stocks, and nearly every one has now
become a money expert, condemning
either the banks, the Federal Re
serve Board or the Stock Exchange
speculation for the present condition.
Loans on mixed collateral yesterday
opened at 10 per cent and on all
industrial collateral at II per cent, the
first time in the present market that
the renewal rate has been above per
cent. In the late afternoon the rates
became 12 and Is per cent. and finally,
after the close of the stock market,
loans on all-industrial collateral were
made at 20 per cent, the highest rate
since the IS per cent of December,
1916. That figure was for mixed col
lateral money.
New-York tribune., 1919-06-17
Stock Prices Fall
When Call Money
Touches New High
Payment of Second Initial
ment of Federal Taxes
Adds to Squeeze Caused
by Swollen Loan Accounts

Liquidation swept the stock market
again yesterday, where standard stock
issues broke 1 to % points on heavy
selling Of speculative accounts forced
by another severe squeeze in call
money.
During the course Of one of the
widest days in the call money market
in years the interest rate on call
loans, which had closed on Friday at
per cent, shot up to Is per cent Just
before the close of the stock market,
After the close small amount of
money was borrowed by the banks, by
brokers at 20 per cent. The renewal.
rate on call loans-that is, the carry
over rate-was 10 per cent, the highest
since 1912. Fifteen per cent call money
was the highest since 1916.
Further tightening of the local
money situation was not unexpected,
as the statement of the Clearing House
on Saturday had disclosed a deficit in
reserves against surplus over legal
reserve requirements of about $685.
100000 the week before. 1t was not
thought, however, that the temporary
shortage of money was serious enough
to cause such a sensational rise in
the interest rate on call money, and
when the banks fixed the renewal rate
at ID per cent, the highest rate in
seven years, that was the signal for
scramble among stock spectators to
unload their holdings. Offerings of
stocks poured into the market through
out the day and only slight recoveries
were registered from the low prices
At the close the average of thirty in
dustrial stocks showed a decline of
about points from the high price
reached fortnight ago before the cur.
rent decline started.
Yesterdays squeeze in the money
market was due. bankers said, to the
heavy Federal tax payments falling due
at this time. These demands, added to
the heavy burden already carried by
the banks, were more than could be
comfortably taken care of, it was
stated, and some liquidation of the
swollen stock market account was
necessary. A leading banker said
yesterday that three large issues of
certificates of Indebtedness fall due
and are being paid off by the Treasury
the proceeds Of which will quickly flow
back into the banks and relieve the
situation for the time being. Firm
money is looked for until after july /.
it was stated, however, as there are
large corporate interest and dividend
disbursements to be met around the
end of the half year.
New-York tribune., 1919-06-17
Relieving Factors

A good many bankerss feel that yes
terday saw very near the peak Of tight
money. The immediate cause is gener.
ally given as the tax payments made
yesterday. They may not find their way
back TO the banks for week or ten
days. But these payments, estimated
to total about s1,100,00Oo00 for the en-
tire country, did not have wholly to be
met by cash Yesterday there matured
1881, 900 Of tax certificates, of which
Sl79,S08,o 900 were sold in the New YORK
Federal Reserve district To-day ma
ture u total Of 1892 1881 900, of which
$165,622,000 were sold here. Altogether
this means that s729,897 900 of the tax
payments can be met by these certif
Gates. To-day there natures an issue
or $500, ,101 800 bond certificates of in
dcbtedness, Of which the New YORK
Federal Reserve district subscribed
g. 03, 900 These will be Eaid off by
the government. 1t is believed that by
midweek the money market will see
relief
New-York tribune., 1919-06-17
HMM. Stockholders
Vote Against Sale
OF British Ships
Deal Is Defeated by Big
Majority; Platten Denies
That There Is Friction
Among Marine Directors

Stockholders Of the international
Mercantile Marine Company, at a spc-
cial meeting in Hoboken yesterday, re-
fused to ratify the recommendation of
the directors to sell for s27 100000 the
company's British fleet and other as
sets held in England by vote of $780,
072 shares.
The number Of shares voting in favor
OF the deal was only 1881. The num-
ber of shares entitled to vote was $780,
00O OF the total vote cast against the
sale 284126 shares represented pre-
ferred stock and 5,946 common. The
votes favorable to the sale were divided
between 52,613 shares of preferred
stock and 25,908 of common.
Although the meeting was largely at
tended little interest was shown in the
outcome in view of the fact that it was
generally known that the independent
proxy committee, consisting of ohm w.
Platten and Frederick w. Scott, had
secured enough proxies at :he close Of
last week to insure the defeat of the
sale plan. The only ripple in the pro-
ceedings was caused by an inquiry
from W. TdHClS ouOWDeT, preferred
stockholder who wanted to know
whether any one would be paid a COM
mission if the transaction was ap-
proved. P. A. S. Franklin, president OF
the |. M. NJ, assured Mr.. SnoNber that
no commissions were involved in the
deal either here or abroad.
Preceding the stockholders meeting
a hearing was held in the Federal Dis
trict Court on the application of a
stockholder, John O'Connor, for an in
junction restraining the company from
submitting the plan for selling the
British feet to vote of the share
holders. Judge Learned Hand denied
the application after it had been made
known that the sale would not take
place.
President Franklin, when seen at hi,
Offices later in the day, declared that
1--WE are now going to get down to the
ordinary business of shipping" He
predicted great future for the Amer
lean merchant marine, provided that
Congress would pass protective laws
! that would enable it to compete on a
fair basis with foreign shipping.
New-York tribune., 1919-06-17
What the Bank Statement Means

One broker yesterday morning ad-
vanced the following argument: Gone
might at first glance believe that the
rotten bank statement of Saturday
means destruction Of values; it does
not. The bank statement means next
to nothing now. If bank shows a big
eral Reserve and pays off lot of re-
discounts; if it has deficit under
legal requirements, it simply sends
over bunch of commercial paper or
government bonds and gets new
credit which reinstates it's reserve.
This is the real meaning of imitation
as we now see it," But the fact that
the bank statement does mean some
thing was conclusively demonstrated
yesterday, when call money renewed
at 10 and II and closed at 20 per cent,
and the stock market suffered one of
the biggest breaks in the year.
1t is theoretically possible for the
banks to send some of their present
commercial paper or government bonds
to the Federal Reserve Bank and get
a credit for it. AS fact, they did SO
on an extensive scale yesterday. But
this makes all the more interesting the
question of why they did not do SO
sooner, and why they have not done so
to such an extent as to make money
easy. The Federal Reserve Bank is not
obligated to accept everything offered
to it for rediscount. If nothing else
it must have regard for the ALLEGATION
of credits to banks in its district as d
whole when a few banks try to redls-
count too much. And banks are re-
strained from discounting too much
/ because it would not look we'll for the
banks. The profit, consisting in the
difference between the amount which
the bank receives for its loans and the
amount it has to pay the Reserve bank
for redscounting, is too small to JUS
tify the risk of huge outstanding
| debt.
Nor do the banks want to have toe
great proportion of their funds IL
/ Stock Exchange collateral AS one
banker remarked last week, referring
to advances in particular stocks: 81
Gisclam any attempt to frown upor
speculation or to pass upon the present
price level of the worth of specia
stocks, but I cannot see that STOCK
that is worth 80 one week can be worth
1875 the next Moreover, there is q
limit even to the theoretical ability OF
banks to rediscount. They cannot re-
discount loans on Stock Exchange col.
( lateral at all.
New-York tribune., 1919-06-17
West Penn Railways 1913
Report Shows Larger (,ros

The annual report of the West Penn
Railways Company and subsidiaries
for the year ended December 81,
1918, discloses gross earnings of
S9,352,9O4, an increase of $1,827,O ,O64
over the preceding year. After ex-
penses and taxes of s6,255, 1882, net was
$3,097,472, an advance of $3.50 O42.
Other income aggregated 1866 ,296.
bringing the gross to $3,462, 1928, from
which charges and dividends amount
ing to $2,114,946 were deducted, leay-
ing $1,347 1922 balance for the year.
Silver.-London, 54Ad; New York,
l12A; Mexican dollars, S67s @9o7sc.
New-York tribune., 1919-06-17
Money and Credit

After the close OF yesterdays market
loans on all-industrial collateral were
made AZ 20 per cent, the highest rate
since the Is per cent Of December, 1915
That rate, however, WAS for mixed col
lateral. Money also opened and re-
ncwcd yesterday at 10 per cent for