davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-08-05
Copenhagen Loan Closed;
Bonds Offered at 93H
Stockholm and Other Scan
danayian Cities Seek Credits
i'm This Market

A syndicate of New York banking
houses has completed negotiations for
the purchase of an issue of $4,000, 900
twenty-five year 5h per cent sinking
fund gold bonds Of the City Of Copen-
hagen, Denmark. The City of Stock
holm, Sweden, has made inquiries in
this market for a loan of the same
amount. Other scandinavian cities are
also in the market for funds. and Ger
tain Belgian cities have approached
the American bankers with regard to
possible borrowings.
The public offering of the City of
Copenhagen bonds began yesterday at
93 Y and accrued interest. Brown Bros
& Co., J. & w. Seligman, Lee, Higgin-
son & Co. and William A. Read & Co.
negotiated the loan. This loan has an
unusual feature in an annual redemp-
tlon of S750,000 bonds, to be made be-
ginning 1925 and thereafter until 1914
The city may at it's option increase the
amount of any sinking fund payment
Such payments will constitute the
sinking fund of the loan and are to be
applied on July ], 1925, and each July
thereafter to the redemption at par
Of bonds whose numbers are to be de-
tcrmined by lot. Under the terms of
the loan agreement between the bank
ers and the city it is stipulated that
Copenhagen is not to issue any other
foreign loan for at least year.
New-York tribune., 1919-08-05
A Bankers Opinion

A leading banker expressed the opin-
ion yesterday that the effect Of the
move of the railway brotherhoods to
foist upon the country Federal owned
railroads would in the long run be
salutary. 1t was his opinion that the
step taken by the railroad men would
bring the issue to a head and settle the
question once and for all. He believed,
he said, that the present Congress
would take no definite action with re-
gard to the future of the roads, despite
the opportunities of the railway en-
ployes. That would carry the mat
ter over into 1920 and make it an
issue in the next national campaign.
The banker said he had no doubts
about the people of the country voting
down Federal ownership, but in the
meantime he thought that the situation
would be extremely unfavorable for the
} railroads. He recalled the situation in
Australia, where the railroad employees,
after getting the upper hand, finally
went too far and were disenfranchsed
so as to take the railroads of that com
monwealth out of politics.
New-York tribune., 1919-08-05
nance and Trade
Financial Bureau.
Telephone Beekman 5000.
Business Mems Bureau.
Telephone Beckman 8243.

It is being said that the
discounted prospective business
for the market Perhaps sa but
this
befoebusr than it timen the effort
provide for needs and make good the
the
lines and consider the huge foreign being
offered realize that period of the activity lies
ahead The of stock market
has been discounted although
pecies have been prospect
could possibly There relatively however
New-York tribune., 1919-08-05
The Market in Decline

The Street attributed the severe
break in stock prices to the manifes-
to of the railway brotherhoods. That,
mo doubt was an important factor in
starting the market on it's swift
descent. But it is a question whether
the market would have had such
precipitate decline had it not been
in an extremely vulnerable position.
The ballooning of unseasoned indus
trial stocks to dizzy heights after
months of feverish speculative activity
weakened the whole market The de-
fant stand taken by the railway en-
ployes in their demand for the
naturalization of the railroads, 10
gether with other radical measures,
furnished the lever that upset the
market. Once the movement started and
the weaker holders began to unload,
the thing ran on with increasing
momentum.
New-York tribune., 1919-08-05
Discount OH Canadian Coins
Not Accepted at Par Along
the Border

BUFFALO, N. Y, Aug. 4-Canadian
silver coins were worth cents less
than dollar as circulating me-
dium in Buffalo to-day. Notices were
posted in banks and business houses
fixing discount of / cent on o dime.
Z cents on quarter and cents on a
half dollar.
Canadian coins have passed at par
here for years, but bankers explained,
because Of the widening discount due
to postwar conditions, other border
cities were making Buffalo a dumping
ground for Canadian money Of all de-
nominations.
New-York tribune., 1919-08-05
STATISTICS
Cereals


so neat-An estimate by Western bank
ooo bushels. including ISL 600 900 bushels
winter wheat. According TO "'rhe North
western Miller" the average yjeld in Nin
nesota will be about eight 10 tv,;ive
Dushels per acre. In North Dakota tbero
mas been considerable damage in Western
parts OF the state and in South Dakota
considerable areas will not be cut II wns
iepotteu IN Washington rnat the Admin
lstratlon contemplated action looking tow
..r" reduction of wheat and flour prices
to the consumer ei'OS'
cornLThe liquidation in the corn mar
Ne,, Wnlch began on big scale Saturday
IN IN response to the public protests against
Apat tement yesterday. causing a braalc
whlch at one time amounted to So cents
per bushei in September contracts rhn
market opened from u to 5 cents lo,vor
under active selling from commiss,o,,
houses and local traders ana susfajnoI
ffuither losses as result of generally
iaVnraole weather in the belt over Sunday
lilclu"lhS good rains at a number az
points. FROM the highest levels of the
asSson ss yest erdays decline carried prices
Oh apout lS to % cents, and there wa Q
no sign at the close of the market mai
sentiment had changed regarding fhe
future course of prices Outside dn,oann We
Whlcn mas recently been large enough To-
absorb the offerings from local sonrces
was almost entirely absent in vestarr.,,,,
market, as there was little disnositiop -
any speculative quarter to Offer eurrorr
uNuer Such conditions of labor unrest ana
ptopapie government action LOOKING toura rl
lowering OF food prices to the consu,nar
New-York tribune., 1919-08-05
Livestock, Meats, Provisions

Yesterday Year ago
Live steers. fair To
prime. 100 lbs $1i.0OGf725 SI2.75@1775
Dressed beef sides.
10. ...:........ .17@ "a .1s@ ~
Live veais, COM
mon to prime,
100 100 lbs. 49,. ieoo@ @es.oo 15.oo@1e 1900
to prime 100
lbs ....I60O0 175o01o
Dressed hogs, ba-
con. ID. ;sia4 a .ssA .s7A@.e7A
Mess beef. bbl 81. .OOGd 80 90 81 90 a az "a
Lard. Mid. West y 0''0'
\, 100 100 los .......3i5o@3i $3.50 es.7o@ass
Mess pork 5s00@e $500 49.5O@ SO 90
Dressed veal, city.
lb- ...... ..... I6@ .es .240 90
Live ewes 100 lbs 5000 $50 s.O0G1a 5o
Dressed mutton
Id. .,..-....... 1s@ rs .1s9 .es
Dressed a III b s.
city, b. .... 220 20 .oS6 %
doss, 1oV los .23.%o @ 1850 10000 &c, 40
New-York tribune., 1919-08-05
Buiter, Cheese and Eggs


=, butter-Receipts were 9,soS packages.
Creamery. higher than extras lb. XIV. 90
90 nc, extras, 80 score, 55 Q55 Isc. firsts
- 10 y score, % a 55c; seconds SO to 81
score 90 : q 50 A2c; lower grades, 4Sls "a
opc, unsalted. higher than extras "a M
- a2c; extras, 5S@5S12c; trsts. 55E N
t2c, seconds So q 55c; state dairy This
H"eSl' d = ~ ooc; good to prime 5IM54c.
common to fair 47@5Olac; renovated
hrsts 81 SIC; lower grades. 4IM50c.
ladies', current make irsts. 4SlD49c. 9ec sec y,
ondS, 40 Z % 47c; lower grades 45Go4Ec.
packing stock, current make. No / 4sia m
4'c' no = 46e; lower grades. 43Q45hc
81 ate, whole milk, fresh fats, colored or
wni'e, 81 p n 1914 C; average run 31lh N
- &c, lower grades, 2302lc twins sne
o!als, whites' 81 q 33c; colored, So y a 3sc
lower grades .6 a 30iac. Wisconsin SvboJa
milk, twins fresh. 3li2 0S2Mc: sinpja
IalSies' white SO! = q SO nc; coiored "a
n, y, % e g [ a0npie DAISIES eoiorcd fresh 32A \.
STATE skins specials, 241a a 25 isc: prime
10 choice. ~ q 25c. FAIR to good l56lqn.
lower grades, 7ul4c. = 90
Eggs.-Receipts we're .9sss
Fresh gathered, extras. dozen, asSo5Sc:
extra firsts 81 q SIC. trsts 47D50c Sac oc
onds, 44Qe Acc. under grades. 35ai &c.
airtles. NO l. 80 a zoe; No. and poorer
Soc, under grades, 25Q33 refrigerator.
special marks. fancy. soc: firsts n G4ec
seconds - = q A. i2c. state. Pennsylvanla
a. ana nearoy western, hennery whites fine
to fancy. 81 q zoe, fair to prime SIS a s6c
gathered whites. common to prime 80 N
GSc' racine Coast, whites. 62n68c; other
" esteTn and Southern gathered whites, 50
a b6c; state, PENNSYLVANIA and nearby. hen
merry browns, fancy, 58@62c gathnred
brown and mixed coiors graded : fancy
% q o'c; fair to prime, 45N52c.
New-York tribune., 1919-08-05
The Dollar in Foreign Exchange

Exchange moved sharply against
Paris yesterday and rates dropped to
1886 francs to the dollar for checks.
Offerings of francs were somewhat
larger and the demand was not suf-
fcient to absorb them.
Sterling exchange held firm, with
sight drafts closing at $4.355s and
cables at $436ls.
Neutral exchanges were easier
Swiss francs declined to 5.59h.
Closing rates yesterday compare as
follows:
(Quoted dollars to the pound)
New-York tribune., 1919-08-05
The Foreign Credit Situation

The obstacles which prevent prog
ress in the working out of a broad
plan for the financing of Europe's
needs through pooling of Americas S
lending resources are still much dis
cussed in banking circles 1t seems
clear that the Administration at Wash
lngton is too busy for the moment with
other pressing problems to give the
sponsors of the so-called Dawson plan
the attention desired. The advocates
of coordinated action have from the
outset insisted that nothing would be
done without the moral support of the
United States government. Another
obstacle is the Indifference, and, in
some instances, unmistakable opposi-
ton of certain manufacturing groups
to the proposal that the industrial
units join hands with the bankers to
finance the Old World. The propo-
nents of such a plan argue that delay
is costly, and that it will be better to
act to-day than tomorrow. They deny
the validity of the suggestion which
has been made that the proposition is
too big to be handled through private
initiative. They also say that no
serious positive interference has yet
manifested itself.
New-York tribune., 1919-08-05
LiQuidating Loans

An insight into the stock market
loan account, after Yesterdays break,
probably would show considerable re-
duction in the total. There was not
much demand for call money after the
market started downward, and rates
eased off to 5a4 and 61a per cent in the
afternoon
New-York tribune., 1919-08-05
The Worst Over7

Around the Street it was felt that
the worst of the selling was over and
that better tone would prevail, bar
ring unexpected developments. With
the liquidation of long accounts, much
of it forced, there was a good deal of
professional short selling yesterday.
These short lines must be covered, and
such purchases should impart better
tone to the market
New-York tribune., 1919-08-05
Paris Market Steady

PARIS, Aug. 4-Prices were steady
on the Bourse to-day Three per cent
rentes, 81 francs 25 confines, for cash; !;
exchange on London, 80 francs AZ cen
times; per cent loan, 81 francs 81
centmes. The dollar ranged from 7
francs 331a centimes to francs 381a
centimeS.
New-York tribune., 1919-08-05
Ready to.Deposit Securities

The Deutsche Bank of Berlin, whose
representative, Martin Nordegg, is in
New York negotiating with bankers
for liberal credits, is prepared to de-
posit large amount of securities, it
was learned yesterday, as collateral
against such advances. The character
of the securities is such, it was stated.
that the banks will accept them with
out question, although it is presumed
New-York tribune., 1919-08-05
Breadth of the Market

The trading list on the exchange yes
terday comprised $40 different stocks,
compared with 276 last Friday. Deal
ings approXimated 100000. 1t was
in prices has seen an increase in the
volume Of activity.
New-York tribune., 1919-08-05
Foreign Offerings Going Slowly

Foreign Offerings Going Slowly
Some of the recent offerings of for
elgn securities have gone poorly. The
investment appetite for such issues
has not been as healthy as the bank
ers would wish. This does not prom
Use we'll for the success of future Of
ferlngs. In fact, it may make neces-
sary important changes in the char
acter of such offerings in the future
One banker expressed the opinion
yesterday that the market needed the
"oxygen treatment" to keep it going
New-York tribune., 1919-08-05

that large margin over and above the
amount of the credits will be de-
manded. Short term credits will be
arranged to be begin with, probably
running for not more than ninety days.
Later extensions VIII be obtained
where possible.
New-York tribune., 1919-08-05
Saturdays 5
COitonsceti Oil

'"ttonseed on-While old crop deliver
les We're steady the new crop months de-
Veloped weakness yesterday under scat
tered liquidation as a result of the breaks
IN lard. cotton and other markets Final
prices were 20 to 50 points lower on the
actlVe POSITIONS
The range Of prices follows:
New-York tribune., 1919-08-05
Blast Furnaces Out

Effects of the strike of the railroad
shopmen are already seen in the iron
and steel industry. Reports from Gary,
Ind. were to the effect that several of
the blast furnaces of the United States
Steel Corporation plant at that centre
had been closed down because of the
trouble. Officials of the Steel Cor
poration would make no comment on
the report. Steel trade commentators
were authority for the statement yes
terday that the corporation is oper-
ating its various plants at 50 per cent
of capacity. If this estimate is cor
rect it shows the most active opera
tions this year.
New-York tribune., 1919-08-05

Southern spot markets: Dallas steady.
2o5 points lower at 81 So; sales nil Gal
weston gulet, $50 points lower at 80 25;
sales, / .645 bales. New Orleans DUH 1T5
points lower at $500 sales, 1888 bales
Mobile nominal, $50 points lower at 3225:
sales, NIL Savannah nominal. UNCHANGED
at 33 50; sales, nil. Charleston steadv. In-
changed at $3.50; sales nil. Wilmington
quiet l'o points lower at ste: sales nil
Augusta quiet 83 points lower, at sc So
sales 6S5 bales. Memphis steady. un
changed at $3.50; sales. 200 bales. 81
LOUIS steady. unchanged at $3.50; sales.
%; sales. 1884 bales
New-York tribune., 1919-08-05

The gram markets in their price
movement paralleled the stock and cot
ton exchanges. Corn sold at from 18
to % cents below the high price of
the wear
New-York tribune., 1919-08-05

ID. l.. & ". Compensation
WASHINGTON, Aug. 4.-The rail-
road administration to-day fixed the
annual rental of the Delaware, Lacka-
wanna and Western at $15,749,476.
New-York tribune., 1919-08-05
Money and Credit

Less credit was needed for stock
market purposes yesterday as a result
of the severe break in stock prices
Rates as result were easier, and in
the afternoon the banks offered mixed
call money at 534 and all industrial
money at 6a per cent Easier money
is looked for as result Of the liquida-
tion of stock market accounts
Banks are still offering very little
time money and the rates on such ac-
commodation are above the legal rate,
the excess over per cent being called
a "service charge"
The ruling rates for money yesterday,
compared with a year ago. were as
follows:
New-York tribune., 1919-08-05
Coffee Mnrlset--f,uturea Yesterday wera

V'FVV FFHTKF1-'-fT uturNs Yesterday were
heaNy, rejecting The declines in stocks
ana other commodity markets. coupled
N!h lower Rio market due to freer
movement Of the new crop receipts. which
goWpare faVorably with previous years
Can prices We're Irregular points higher
,'.., 10 . points lower, ana on long Humiliation
pilces n'oi9e rather sharply helped along
by q special cable from Santos reporting
a, decline III futures of 125 to 225 reis
tinal prices were "a to 80 points net lower
lne range of prices follow:
Ii rdau ",
New-York tribune., 1919-08-05
Sugar and Coffee

Current Year
prices ago
Sngar Sngar' grapuiated 1.s,, per b. AS
Coffee. Rio, 40. Z. per b.. 2e 81,
Coffee Santos No. 4, per lb. 500 3oA -
NU&ar-There We're no fresh develop
lue nts III either refined or sugar yes
torGay. The world shortage of sugar has
developed into such an acute stage that
[mgrs C,i.i is continued talk in the trade of
market for another year. or through
ia2O. Nothing official. however, has been
siNSn ont on the subject The government
is ulStl1outing considerable sugar to the
Manufacturers and jobbers. but the
amount all told probably does not ex-
ceed 3o.0 600 tons. No sales were reported
'Hfoush tle sugar Equilization Board.
Evening journal., 1919-01-17

By the United Press
ZURICH, jan 17-Spartscsn revolution has been revived
scale in Berlin several of the provinces following
the death Of Karl Lebnech and Rosa Luxembourg reported
in a dispatch received here today.
The government is expected to take violent
effort to the disorders.
Five divisions of have arrived in Ber
n The city the impression of being occupied almost entire
ly by sodiery.
Many deperadoe and ex-convs have taken advantage of
the Sparacan revolt conduct of obbng and pde
ing Many mostly innocent pedestrians killed wound
every day. AT shootng entirely unrelated the
political uprising daily.
Berlin fairly brising with machine gun defenses. Govern
hold all points and the bridges
railway Groups Of soldiers posted every
Twelve persons reported have been killed and 40
wounded in yesterdays outbreak at Dusseldorf
BY the United Press
LONDON, Jan. 17.-Ksr Liebknecht and Rosa Lwemburg
killed. official dispatch from Berlin announced today.
The dispatch added that the who committed the
will be punished Several have been made
the United Press
AMSTERDAM Jan. 17-Ksr Liebknecht stabbed guard
break for fery while being taken JAIL Berlin dis
patch reported today.
The automobile which the Spaacan leader
broke The proceeded ebneht stab
the guards with knife he had concealed Sol
diers in the escortf fired a him.
The dispatch does not state whether Lebnht wounded
Evening journal., 1919-01-17
c. A. HASTINGS ENDS
life With REVOLVER
Former State Treasurer
Kills Self in Presence
of His Wife
HAD SUFFERED WITH
NERVOUS TROUBLE

LAUREL, Del. Jan. i7.-Tiring a bull
let into his brain, former State Treas
urer Charles A. Hastings killed himself
In his home yesterday afternoon. He
was 60 years old, one OF the leading
business men Of the State, and for
many years recognized Democratic
leader OF lower Delaware.
Mr.. Hastings was secretary and treas
urer Of five manufacturing concerns
and a director In others here, also
director OF the Sussex Trust Company
and trustee and liberal contributor
OF Christ NJ p. Church. He was a mem
Der Of the Masons, Odd Fellows, Red
Men and United Workmen.
He was secretary Of the state Senate
In 1895, and was elected State Treasurer
in 1912. About five years ago he had a
nervous breakdown and has since been
a sufferer from neuritis and Insomnia.
His closest friends have endeavored TO
get him to retire from business. but he
would only reply: Il can't; were l TO
stop work would go wild"
Dependency over continued illness is
assigned for his suicide.
Mrs. Hastings, hearing her husband
walking in the hall, went 10 him and.
the pistol, asked what he was
doing with it. His only response was
to place the pistol TO his head, fire and
fall dead at her feet.
Evening journal., 1919-01-17
WOMAN COLLAPSES
when TAKEN TO JAIL
Accused Slayer of Sahara
Emperor" Parted from
Her Daughter
TRAGIC SCENE AS
SHE GOES TO CELL

MINEoLA. L. l.. Jan. i7.-NIme. Marie
Augustine Lebaudy left the desolats
mansion at Westbury yesterday where
she had been confined since killing
her millionaire husband, Jacques Le-
bsudy, Saturday. and after the ordeal Of
arraignment on a charge Of first degree
murder, the widow was committed 10
the county Jail, a prisoner and a patient
under a PHYSICIANS care.
Harry w. Moore. counsel for Nine
I.ebaudy, entered a plea Of mot guilty
after the charge was presented by
Justice Walter r. Jones In the stuffy
little Office that serves for an anteroom
10 the court chambers In the dilapidated
town hall at Hampstead. A curious
crowd had gathered outside the frame
building. and inside the proceedings
were carried on with almost solemn
silence. The few words were spoken
In low voices, and Nine. Lebsudy sat
on a couch. shaking with sobs and
crying distractedly for her daughter
Jacqueline, who was left at the Lodge
In Westbury.
The action OF District Attorney
Continued on Page Thirteen.
Evening journal., 1919-01-17
ALARMED OVER
GROWING ARMY
Of UNEMPLOYED
Conference of Governors to
Discuss it Proposed
by Kenyon
SUGGEST BOlLDlNC
OF ROADS. HOUSES
BY L. G. MARTIN.
United Press Stan Correspondent }

ADDlteu PreaS otaH correspondent
WASHINGTON, Jan. ia conference
OF governors here 20 work out plans
with the Department OF Labor for put
ting the growing army OF the jobless
to work at once was proposed today
by Senator Kenyon, Iowa.
Kenyon and other thoughtful mem-
bers of Congress are alarmed at the
rapid incres1 OF unemployed men and
the lack OF any effective government
plan for providing jobs.
There Is no lack Of ideas in Congress
for having Jobs in the future but how
10 give jobless men work is the prob
lem worrying legislators.
81 am going TO suggest TO the De-
partment Of Labor that the governors
Of the states be urged 10 attend either
in person or through representatives a
conference with department officials 60
work out some means for putting TO
work at once the more than 100000,
who according to my information, are
iobless In the United States today.
III the States will begin an emer-
gency program Of house work at once
as soon as weather conditions will per-
init Il may be possible 10 prevent un-
told suffering. Most Of the State Leg
islatures are now in session and could
Continued on Page Thirteen)
Evening journal., 1919-01-17
DISTILLERS FORM
AN EXPORT COMPANY

Meeting conditions created by ratin-
cation Of the national prohibition
amendment and seizing what IS con-
sldered excellent opportunity to branch
out into general importing and export
ing the Trans-O Oceanic Commercial Cor
poration has been formed by the Dis
tillers Securities Corporation. An
nouncement to that effect was made
yesterday by the latter organization.
The business Of the new corporation
Will be 10 facilitate the sale Of indus
trial alcohol, which. according TO Nor
man r. Sterne, president Of the new
company, is in great demand by for
eign countries. and TO take charge Of
exports Of whiskeys. spirits. &C., for
distillers. The chief output OF the COM
pany will be industrial alcohol. al
though general exporting and import
ing business Will be done with Europe,
South America. Mexico and Cuba.