davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-04-07

In the investment market last week
the most significant event was the
manner in which an unexpected Of
fering of $200,0OO,OOO Of War FL
nance Corporation bonds was fully
subscribed for almost in day.
There were special inducements to
bring out this remarkable response.
The bonds are indirectly obligations
of the government; they bear per
cent interest; they are exempt from
the normal income tax, making their
yield to practically all buyers equiv
alent to $40 in a taxable note; they
are fully tax exempt up to $4,000,
and they run for only one year. If
correspondingly liberal terms are
offered on the coming Victory loan
there can be no doubt of it's recep-
ton. Another event of the week was
the maturity on Tuesday of the
$100,O00,000 Republic Of France
two-year 1a per cent notes.
New-York tribune., 1919-04-07
Wealth. Markets. nvestme ents

during the Federal control and any
saving in the cost Of conducting the
Federal valuation due TO the fact that
such valuation was nearly completed.
The company represented that these
expenditures which the stockholders
had made in keeping New England in.
dustries in operation during the period
Of congestion and in improving the
property would be enjoyed by the Direc-
tor General during the period of Fed
eral control without compensation to
them. If these claims had been al
lowed and the company been permitted
to receive as dividends from its aftili.
ated companies the amounts received
during the test period there would have
been a net income Of approximately
$5,OO0,OOO, or a return of nearly 1-3
per cent upon the capital stock.
New-York tribune., 1919-04-07

The rate on call money on mixed
collateral fell on Friday to 4 per
cent, and remained at that quotation
throughout the day. 1t is the lowest
figure at which call money has ruled
since March 18, the Tuesday imme-
diately following the paying off by
the government of a large issue of
certificates of Indebtedness, and
with that exception the lowest since
January %. The reason for this is
plain. 1t is concurrent with a high
rate for money lent for fixed pc
riods. The Victory Loan campaign is
less than three weeks off; the banks,
to prepare for it, are withholding
time loans. This leaves a great deal
more money to be loaned from day
to day.
New-York tribune., 1919-04-07

The indications for the immediate
future point to tighter money. The
subscriptions to the $200,0OO,OOO of
War Finance Corporation one-year
notes have not yet been accepted; {;
therefore they have not yet had any
effect on the money market, save to
benefit call money at the expense of
time money. Next Thursday the
banks will be called. upon to take
another issue of several hundred
million dollars Of Treasury certifi-
Gates Of indebtedness. 1t may
be objected that the banks have
been taking these every two
weeks or so, and so they have
New-York tribune., 1919-04-07
A BANKER OR
BROKERS' HOME

THIS is YOUR OPPORTUNITY. I offer,
LOT sale my home in Montclair. New Jer-s
sey- 80 Minutes from New York Terrni-
rals. l6-room house. four baths, steam
neat large garage; nearly TWO acres OF
land; elevation, 500 feet; wonderful
panoramic view of New York City and
surrounding country. location un-
equalled within short committing distance
OF New York. Near Mon.clair Golf
CLUB and adjoins Essex County Park.
Residence is modern throughout. Grounds
have beautiful trees and many varieties
of rare shrubbery. A wonderful home
ready for immediate occupancy For
Hole. Jr.. So Cedar Street, New York. or
your own broker.
New-York tribune., 1919-04-07
lCopyrixht. 1918. New YORK rrlbuns 1ncl


The most notable financial event
of the week was the unexpected re-
fusal Of Director General Hines to
accept as basis of government pur-
chases the steel prices fixed, under
the suggestion of the Secretary Of
Commerce, by the industrial board
and the steel manufacturers. This
resulted in throwing into confusion
the whole situation in regard to
steel prices, and the industrial
boards whole business programme.
The suggestion put forward at first
was that steel prices might have to
be reduced another SO or $40 ton
to meet the view Of the Director
General. At the end of the week the
most frequent comment was that the
industrial boards readjustment plan
might have to be abandoned alto
gether. Yet the. stock market dis
played remarkable resistance when
the news was most disturbing. 1t
closed the week with a substantial
net gain.
There does not seem to be much
in the situation to cause alarm. 1t is
not likely that the Director General
will insist on prices greatly damag-
ing to the steel interests. He has in
the past shown no such disposition.
And if the whole price readjustment
plan is given up, the situation merely
returns to where it was. There is
nothing to fear from allowing the
natural forces Of supply and demand
to resume the uninterrupted sway
they exercised before we entered
war.
New-York tribune., 1919-04-07
n. Y. Shipbuilding Shows
Larger Earnings for 1919

The report of the New York Ship
building Corporation for the year
ended December 81. 1918, shows total
operating income of S2,51S,794. To this
amount income from other sources of
Sl05,S53 was added, making So 2,G24, ,647
gross. Reserve of S25O,00O was made
to cover claims on account of interprc-
tation of costs. No reserve was shown
in the report for Federal taxes.
Marvin A. Neeland, president, pointed
out in his report to the stockhk ,ders
New-York tribune., 1919-04-07

But what will happen during the
government loan campaign, and af-
ter? The campaign is an operation
whereby the burden is taken from
the banks by the people. 1t may be
done by several methods. A private
individual may subscribe to the loan
in cash. The cash is usually held in
the form of bank deposits. He with
draws this cash to buy the bond;
that reduces the banks reserve. But
when the cash is sent in to the gov
ernment it is returned by the gov
ernment to the bank. The bank
does not lose. The money becomes a
government deposit instead of a
private deposit; and against a gov
ernment deposit it is not legally
compulsory to keep a reserve. The
deposit against which the individual
draws a check may be a deposit
against a loan which the bank has
granted him. In that case the
check he draws, redeposited by the
government, simply represents a
shifting of credits. In neither of
these cases do the banks greatly lose
or greatly gain.
Finally comes the instance in
which the bank buys the bonds for
the customer and allows him to paw
off in instalments. But in this in
stance the bank merely uses its
certificates of indebtedness, which
it already holds, to take the bonds.
There is then mere substitution of
one to five year notes for notes hav-
ing a maturity of several months.
Yet the bank is being paid off in in
stalments. These instalment pay
ments bring in cash. Yet, in any
case, though the situation becomes
easier, it does so over long period.
The payment for the Victory loan
will be in six monthly instalments.
That should make it necessary for
very few persons to ask the banks
to carry them.
New-York tribune., 1919-04-07
1857 OF PAR AND INTEREST
THE DENVER GAS AND ELECTRIC
COMPANY GENERAL MORTGAGE
nc, E0I n RnNnS
bco GOLD RONDS.

To the holders of the bonds secured by the
General Mortgage of The Denver Gas
and Electric Company, dated May l.
1903:
You hereby notified that the Com
pany intends TO pay off and redeem the
following numbered outstanding General
Mortgage so Bonds. issued pursuant TO ihe
terms of the General Mortgage Of The
Denver Gas and Electric Company 20 tho
trust Company of America (The EQuitabis
Trust Company Of New York. successor oy
merger). dated May /. 1903: and the sup
Elemental General Mortgage between the
same parties, dated September /. 1898. 10
New-York tribune., 1919-04-07

AS the payments come in the
government will use them to pay off
maturing certificates of indebted
ness. But these will not be paid off
all at once, but in a period extend
ing over months. Meanwhile, it is
not likely that the governments
heavy expenditures will immediately
terminate. New certificates of in
debtedness issues may make their
appearance. If commercial borrow
ing remained as it is to-day the ten
dency would be toward gradual ease
in money rates; but it is more than
likely that commercial borrowing
will begin to revive over that period.
From the standpoint of government
financing it is fortunate that such
borrowing is now so low.
New-York tribune., 1919-04-07
Finance - Economics

but the certificates do not mature
every two weeks or so. They keep
piling up. The burden on the banks
becomes greater. They have al
ready taken nearly $5,o00,000,000;
the banks of New York City alone
have taken $1,343,538, 700. Until
the government loan campaign
opens, therefore, the likelihood will
favor firmer money.
New-York tribune., 1919-04-07

that during 1918 the output of the
company was three times that of the
year before. He also added that with
the exception of the serious financial
losses on the battleship Idaho the on
eratlons of the year were profitable.
New-York tribune., 1919-04-07
DIVIDEND NOTICES
INrrRNATIONAI rAprR co.

New York. March Goth. 1919.
The Roard of Directors NAVE declared \
regular quarterly dividend OF and one-
half per cent. "a q, on the preferred CAPT
tai stock OF this Company for the quarter
ending March alst. 1912. PAYABLE April lbth.
1912 TO preferred stock holders of record ~
the close of business April Sth. 1919 at
which time the stock transfer books close
for the purpose OF the annual meeting OF
to be held April 2srd. 1919, 20
reopen at 10 o'clock on tho morning of Aprh
24th. 1919.
OWEN SHEPHERD. Treasures.
New-York tribune., 1919-04-07
Market Barometers
Stock Exchange Transactions

Stocks
Rail Other All
stocks. stocks. stocks.
Last week 521,1oo 4,o52,2oo 4,573, 800
Week bef. 233, 100 1889, 300 3'622 COO
Year ago. 10000 937 300 1.oe6. 500
January / to date:
1919. 52s8. 800 45,o26,5o 5o.a14aoo
1918. ..4 193,7C0 29,444, 500 33.63a POO
1917. 5,637 500 47,o2e, 400 81 666. zoo
Bonds
Week Year
Last week. before. before
Z. S. 1856, ,o95 900 $45, ,522, COO $22, 1872. 600
Rlds.. $4,000 3,1s1 600 2,o71 GOO
Oth'rs. 1898, ,ocO 14,24e,ooo 4.e7s'ooo
All kids 8o,455, 900 62,e52, 600 29,241 900
January I to date:
1919. 1918.
U. S. gov'ment. .S547, III 900 S165,71e. 600
Railroads ..... 55,59o,OOO 44,e3O 900
Others ....... 203, ,354,0Oo e3,932, 600
All bonds ..... soe,o55 900 3o4, ,5s1 900
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
GOLFERS AGAIN STIRRING
NUMBER OF Good Tournaments i,
metropolitan District Awaken.
interest In Sport.

NEW YORK Sept l3.-septemhe,
sees an awakening in golf competition
IN the metropolitan district The SIM
mer SUM her IS over. and the piavers
events VIII" .
ror the men there is the Greenwich
81 Ia 'a"n tournament. the Piping
hoCk tournament later. and the Ies
icy cup team matches at the Eational
INKS IN early October during til" We,
.! me womcn's national championship
For the pros there is the stellar pro
iessionat Golfers Association cham
pIohEhip beginning September Is, at
!he Eng ncers' club, Roslyn, l. and
inc the New Jersey Youngsters fight 1t It
1 nut Tor the junior State Utle this weel,
Thursday, and Friday at the f:ssex
C9mrnty C'nm'ry Club links at Orange.
The w. M. g. a. has also set aside
tthree dates for one day tournaments
,r tne meiropolitan women. Septem :
per Is al Nestheld. September 81 at
;ns.a; and September - at BAL.
tusroi The fall season also lisuaIIv
produces some hish-cIass -four hail ex
mleit'on matches among professionals.
Win here and there new front rank
amateurs in the list
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
-0'-WAR WINS CLASSIC
BEATS FIELD IN FUTURITY,
CAPTURING SUM OF S26,65O
Riddles Great Vwo-icar-Oid Comes la
Three Lengths hhead OF second
Horse, John T.. Gricr.
BELMONT PARK. y. Y. Sept.

BELMONT PARK. y. Y. Sept. Ia
Samuel u. Riddles great two-ycar- old
Man-o- War. ridden by Johnny LOTUS.
won the Futurity today. establishing
his superiority in :he Juvenile divis-
ion, besides anncxing $3.50. bringing
mis- total winnings for tho season up
to 333.325 This makes him the great
est winner OF the year.
Man-o'- wars performance in the six
furlons event left no doubt or his class.
He stepped the distance in Ill 3-5
finishing three lengths in front OF John
J.. Grier, with Dominique in third place.
Man-o'-War led from first to last ant,
his performance stamps him as one OF
the creates, youngsters in the history
Of the American turf. He is worthy
or place with Colin. Sysonby and
the other great two year ODDS OF for
Incr seasons.
There w:.s very little betting on the
race the short price on Man-o'. War
disconracing most of tho o5. 900 spec
tators from wagering, hut his record
wa" such that very fcw cared to bet
against him. Some took the whitney
entry for place. while others picked
iiildrcth's Dominique for second money.
James McManus Withdrew his colt
Padraic 1T the last moment
Many great r-cc horses have won
ms classic since it's first running in
1888. when Proctor Knott beat saliva
UT bnt manN prominent horscmcn
VINO saw today's race declared that
Man-o'- war is better than any of ,hom
Win tho possible exception or the az
James X. kccncs Colin. which won =,
with an unbea;cn record. having IN.
lsh.d hrst IN all Of his erEarennn,s /. 9
mo ycar-Old in I.g1
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
FOOTBALL MEN IN ACTION.
PRESENT WEEK WILL SEE
GREAT ACTIVITY IN SPORT
Frank CnNnnEuEh HAS necu Signed 10
'"nch iiostOn College, mud MetH-
ger VIII Head Union.

Tho football season reaches the &C.
i've sage in great number OF East
crh colleges this week Al Harvard
West P"int aud Annapolis. IS well ms
g to" loss, notablc institutions. tht
sridiron work has bccu under wa,
Tor several days. but most OF TN.
,oach's have decided upon Scptember
- as the starting day for Their. MAY
IT'S bF the end or the coming week
nc opening gun viii have been fired
IN the Sridiron campaigns Of a ma ior
ny OF Eastern colleges
TOR the most part. the football men
yrs OF i'l' are hold-overs. hut some
very important changes have becn n,uGc
IN the coaching stan, or lcadin,. n,n,,
ern universities since tho world W.,
'"'' us shtdow inon the Sridiron game
f"'e Many New Coaches.
n"!c. Harvard. Princeton. Corncll
"'u ."s ARMY arc all to have coaches
,,1"vr man those who directed tho
sttntIons. In other Instance
iouhd shifts OF noted gridiron ,cncb.rs
ot pre-War days, such as the sirn;r -
- i 'rhhh Cavanaugh by Boston COZ.
ser AZ Union. ""' H'etz-
- .nnaic football for tho coming so,so,
WI! be under the supervisinn" If IISS m T,
n,u"nrpe' perhaps the greatest all-nrounNd;
H!n!cie IN Yale history. who rctmrns = 4. "
coach at Cornell '>er"i years as
Pc, VINO was graduated fran,
1a,G IN the class OF 1902 enioycI M
aIS,lhctlon of making six aihIot'ic
ttS'is while a student at the New
,,cnlar prominence in ba ,stilnid r par
~, ia ana BASKETBALL, but found Tine
10 show skill as member Of row III
Yale. teams at
lie returns to Yale TO take the n,aca
Wnich was held by Tad tones WAN
90 was last prominent in the fiaId
"' ihtcrSolleSiatc football
n Sharpe has surrounded himself
Win galaxy OF assistants that shoiId
Sneii success for his regime with thn
III football squad. DR.. w II Rt,ii
VINO mas assisted in Yale coaching FOR
seEcrai years will be back Ia Ionl,
alter the backheld candidates and 70
siNS instruction in nunting. a fcatur.
on me game In which he was csncciaiiv
pr. Arthur Brides will he hack -
look after, the line from tackle 70
tackle. as he has done for several sco1
S SS, past, Johnny Gates. a Yale end of
M Teen years ago. Will look after the
part or the season Of Moselev n star
emu OF a few seasons ago YsIe's
alumni advisory committee will cnnsisi
OF Vance Mccormick. Walter CANA
hrink lhornc and John kilpatrick Sur-
rounded by all this talent SharDe cnn
ieel that Yale football is in sa fe
hands.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
GOOD FRESHMEN PLAYERS
TO ENROLL AT LAFAYETTE
Head Coach Of Eleven VIII he sutbcr-
and. Former PITT. Player and
AH-Americnn Guard.

EASTON. PENN. Sept I3.-With the
coming OF the first fall days. football
spirit Is revived among the collegians.
ana at Lafayette there is every pros
poet of u busy season The incominr
c.asS VIII be larger than ever before
ana a Eoodly lumber Of athletes who
made cnviable records in prcpara.ory
schools are among the new freshmen.
From the S. a. r. G. term of last
year. Moore. Trowbr!dgc Martin. Lc-
hecka. Reeves, McWill!ans, Poland.
Bedner. Ziegler. Mccormick. WoIher,
cnilson. brown. Ritter. and others have
signified their intention to return.
The coaching stan is entirely from
% SisF, Warmers University, OF Pitts
J. u; Sutherland, all-American guard,
ana the assistant coach is H. r. SiedeI
who played tackle a. Pittsburgh.
In ADDITION 10 his experience at
rntsbureh. Coach Sutherland was last
Gree nleaf. which won the Champion
ship OF the South. defeating cipht
southern teams. and finally defeated
the Northern champions or Camp Div
81 TO o. '"e score
Graduate Manager George 4. sig
h nm mas la Issued call for all cand-
-. at the college for prcli,ninarv
training. and he expects about siSty
men To be present. The coaches viii
ne, mere Al that time.
lows. ~" 10 as ioi-
October 8, Fo.dham a, Easton: oe-
iooer IL; iiaverford at Easton: octo-
her -, University OF pcnns,yv.,nia u
Phia !dclphia. |
- N H,Hn !, Cornell at Ithaca; No
,vemher 10: Trinity at Easton: Nove mo :
Der %. I.ehigh at South Eethiehem
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
AQUEDUCT ENTRIES MONDAY

TT, ,i raee.siI and en.-hslf .ur!onss-
, .c.d'nE S'ar. 10; Old Rosebud 10; Kash.
in'r }" Fairy wand. IL: FIscs 10
,Eifm""I"nT ?, Lord brighton, lii: sen.
,s'eT. = Corn TaSscl. ii3: SaIvestra ~.
Enhlads lii' Blue I.sddic Ito: Masda. 10,
second :n!--ticx Ns; r {; kin,
Ms, Namcit. Ilack. 81. Umzala. 100; Sai,-s
icH", rs, Lady ward. io3: Manouvre 10
bahinda, los; ASts.ish. lcs WiIfrcGa as
Sugar .iin. lnl Krower l6:; simnIe,on
-, Northern Belle. ls, Flare-Up. 81: on,
MAID. -. Larrh@ttu. ~: Sister Helen. ~
pe'Ii Dog. ~ Endman, 10 -
foHrth race three years. ods and up ,niis
ana siN'.tnth-ourhOync IFS. Star Ma.
,T - VA Machine. 81. vaIor. In
Naturalist. ia3 War Cloud lca. Iuc,lli.n
l3S: S"nnines r"rk. ili
riith rare-miic-GeN. los: Kashuir ms
Sasim, III Whimay. ios; Te;ley l03: Order.
y. Is: Miss kreut.r, &c Keen Jane %
War Spir.'. lhl: A-rau, Go on uJ; ko.
hin"or. iya Ground S~eil. q: Or Rae eS
senator Crow, lr!; Chasseur ~i0l Ahada NJ
III trundy. las Peerless One no. Tenor
hnn, III: Frank Waters ll3: Do,cful III
S!Hth rGcc-s!s furlonSs -Gcoryi- i0I
bnnsAr6"I, lel Bridge Player. Igl Rex
ana CAL. IL: Seddam lla Service Star
pi: Wild Air. lc7, k&:wer i01 Sacl,nors
~. Walk tho F!anh liz: White Socks I67
uloriA France. IL: Pad-aic. IoI: Indiscrc,
uon. lol; l.unettc. IN; ralr Gain IOl D.yid
nhrun. io'. Mile. Vivian lni: fIomcIv 40
Truly Rural. lH: Castor. Io7
Weather clear. track fast
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
LEXINGTON RESULTS

aidj .lseto iSs ,naof'aag s:o ssn y lo7 How
"a II" P.ncD. I3fD e. Second fe y lie'
-. ono ~ u.yhc,. t3m third rim.
dor .n * Colonel Taylor. Bob Baker. Lin.
".aeh.e paw. Cnurtship ran WINDS
On" ,f@Se-'tve furiongs-S.ar Wow ~.
~; ~. 49, s.Ie. ttlo. won Kinburr ics
- H"irrinstonl. sil.so. $3.50 second: Er,,z
~ ,,n'p3nH"r, 40 third. Tinc"i:oi 80
N MIN My. Horace Lerch, nobby .,1ieS'
III Ihrt race milo and si.,eoo,h-1or,
LIZ tIIiz) sl3 10 s. 40. s. no Won Sa n Pm n,
Par ~! 10: ctumbef) Il so inIra sec pi,,
Walt" ran '"'' 'Hthager
Loutlh ,facc-si1 turlong.-I.ancclo no
I,| ''1 ,,t,,, $3.50 tAP .laS Won: Monew.
p'.y, JOG I.unsfordl. $40 thi-d Tj,a.
- -. Meduss. Allah J y Mn.do 'H',,-
h".h' Mars John. Tally star Ruhv Sho -:
lace. Lotus ran N1"!' ShceT-
,,S H IIi race,ml!e aud a sIxieenth-Prec,ons
i,''ur Nv &C. Howard. s5t9. So 20. srconS
ProsDec'or. Drastic. Gainccook Mos-
,i Sls,h ,hye tufloaEs-rraves,y. II.
% M tkcderiFi siS5 so ss ION; Make lax,
.iHe' IL ll.unsford), $3.50 third rI,,a -
~ =, jack Pryor Sweep H. ill.,
Sans Heir Ruckiaidr. Splcn!or i.or,i.,i
HH.so: - oslo. and Lieutenant Lester ran.
rSuF II, i"i tBoylo). $3.50 40 $40 @ .
H'n"fai Ha'E. :oi CMorys,. $50 i,;o We .n
"hn: 'sn'ain Burns. II? CHanoveyt 81 N
t;i,ac M - 10 Eulogy Hurry Tn
N.nsi!Sn.T' huncrnnna. Alpena GUY 80
I'M I'm, Contestant. Walter II. Pea.ce' Prime
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
Weather Has Been Good y
10 Washington Senators

what II believed TO constitute
record for p,uJOr ienSucs hDs been
established by the Washington Club
In the matter Of uninterrupted
playing.
The calling on of the ANAL contest
In thu recent Cleveland series mecca
STATED by rain, is the first postpone
ment the washington Club Inns en-
rountcrcd ainrc May ~, whom j.
PluNius kn0rkcd out n scheduled
combat With the BrOwns ut 81.
Louis.
Since that date, which WINS junt
a month nftcr the season opened,
the Grinmcn participated In every
contest listed and a number of Tits
not disposed of prior. to Mny -, In
Guiding two drawn battles AZ the
POtb Grounds.
In the ciEhty-thrcc dnyS clapsinr
since the enforced vacation In 81.
Louis the Grifmen averaged exactly
one Enme day. the ciEhty-thrcc
disputes settled In tho Interim OK
ccedinS half or the scason's total
OF 10 EnIncs ny thirteen.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14

Lewis Managing bout.

IVY lewis. manager of The Armory
Athletic Club. OF Eoston, is landing The
bout Tor his club between Eddie Fitz-
simmons and soldier Barthcid. OF
brooklyn. which was not fought SAT
urddy night, Lewis wants the men TO
battle tweive-round decision bout AT
a show 10 he held by his clun in the
Mechan les Building in that city on
september liz. Dan Morgan SAYS thai
II Lewis gives him his price he Will
accept the match
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
Price Was TOO High.

Nike o'Dowd, the mlddlcweight
Champion IS not going to fight Jcff
the open-air boxing show. 20 be staged
by the Democratic Committee at the
Jersey city baseball grounds on the
htSht or september Ii. O'Dowd de
manded $1,000 TO box Smith. ana fo-
tnat reason the committee thourht
that his price was too high and can
celed the bout. They are willing 10
give - ioowd $4,000. hut he refused this
splendid sum. us