davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19

and the expanding prices expanded
profits. costs of production. wages in
particular, tagging behind prices. With
the increasing earnings and high divi-
dends, and with not greatly changing
interest rates, there came boom in
stocks. Even bonds-fixed income Sc
Gurltlcs- rose in price; more dollars,
but poorer dollars. Wages, it is true,
But the prices under the continuing
initiation kept well in advance of wages.
to the degree that corporate profits
alone rose from 1914 to 1917 from four
to upwards Of ten billion dollars.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
ObsoIescence
OF Plant


There are certain classes of losses.
however, which apparently are not
taken care of by either of the above
provisions. For instance, attention has
been called to the manufacturer who.
during the war, purchased at very
high value building and plant which
IN normal times would have been con
sidered about ready to scrap The
physical life Of the property may ex-
tend over number of years, but when
the pressure OF war business has
ceased and new plant and equipment
become available The value e The prop
erty Will Immediately decline que to
obsolescence. If the owner of this
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
Spanish Credit Drawn On
Government Jtilizes pesclas
Fund to Pay for Supplies

The United States government, it
was learned yesterday has begun TO
draw against the second instamont of
5o,Oo0,0o0 pesetas of the $50, 900 900
pescta credit arranged last fall with n
group Of Spanish banks.
The funds obtained arc being used 10
llquidate debts incurred in Spain in
the purchase Of supplies for the Amer
can forces in France. Under tho terms
Of the credit arrangement Nov York
banks are enabled to draw upon the
spanish banks in the syudicate through
ilhcly- day acceptanccs which the Span
Ish banks dlscoAnt AT : 7. ncr cant
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
By Merryle Stanley Rukeyser

By Merryle Stanley Rukeyser
4 S THE flare of war is dying
a down, the government at Wash
ington is thrusting out hand
Of friendship to industry and asking
how it can serve. 1t IS processing II
new attitude toward commerce, and
American business may soon find that
it can look upon the government as
something more than a policeman's
club.
No longer. it would seem, is the gov
eminent in its relations with men of
business to restrict its commands to
Thou shalt not AS the makeshift
organizations born Of war needs are
being reconstructed out of existence
friends of trade within the government
are quietly building up structure
capable of giving the command "Thou
shalt"-and of helping business to
achieve constructive ends.
In the days when Teutonic armies
were driving on toward what looked
uncomfortably like world conquest
American business came to the aid of
the state, and without reservation in
CURED what it could do. 1t discarded
the old phrases about its rights and
became oblivious of the days when gov
eminent had been the persistent enemy
of big business Business and gov
ernment in those epic days discovered
rev secrets about their own nature and
about each other. They found rich
asset in the tombstone of cooperation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
Article V-Interest and Security Values

INotc.-This is the fifth Of d series
Of articles IN 7chich Professor Daue'1-
port outlines his uie1cs Of the future
of sec1o'ty uolucs, interest, Internal
tjonal trade, gold novome''ts, 70ages,
Immigration, shipping, toratlon, real
estate, etc. The sirth article 1oW be
presented neat Sunday.-Finonciol
Editor.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
Fictitious Profits on
Government Contracts

In another class Of eases government
contracts were taken during 1918 on the
basis of the cost of material at the
date of the contract. In order for ths
manufacturer. however, to fill the gov
eminent contracts promptly material
was used which had been purchased To-
the purpose of filing private contracts
at very much lower price than the
government allotment The priva.e
contracts were held In abeyauce owing
to the government contracts, and the
manufacturers now have allotments Of
material on hand at the government
prices which are far in excess Of The
cost of material upon which tho private
contracts. now about to be filled, we're
based. In taking their inventories on
December 81, 1918, under tie existing
law and regulations, the material on
hand being that which has been allotted
by the government, must be taken a.
cost, or cost or market, whichever IS
lower. On this basis, the stock on hsnd
December 81 Is valued very much higher
than the cost Of the material actually
used to FIJI government contracts, ana
which was purchased for the purpose
Of filing private contracts at very
much lower price. The result IS tha'
the profits on the government CONTRACTS
for 1919 VIII show the difference be-
tween the cost Of the material pur
chased for private contracts and the
high price received on the governmon.
contracts, which price IS based on the
cost Of material at the time the con
tract was taken.
The high profit, therefore, is thrown
into the taxable year Of 1918. and be
cause the value Of the inventory OF
material is based or the government
allotment now being used to fill pr
vate contracts, losses VIII be reflected
IN 1919. In this particular class Of
eases, the manufacturer in order that
his tax may be eqvitab'y apportioned
to the proper taxable years, should be
permitted TO include n his inventory
the material which was obtained for
the purpose OF filing private cor
tracts at the cost of such material
and consider that the material pur-
chased to fiji the government con
tracts, although not actually received
until after that time, was used in the
government contracts. In this Vsg,
the proper portion Of the profits Of the
business will be attributed TO the year
in which actually earned There Is no
specific provision in the bill, as n
present worded, to permit this treat
ment # this relief is accorded the
manufacturer, it must be By reguis-
lions Of the Treasury Department is
sued under the provision Of the Law
which authorizes the commissioner to
prescribe the manner in which inv-n-
tories may be ,aken.
Under former laws the income and
excess profits taxes have been based
upon the income for each particular
year The new bin makes radica
changes in existing law by permitting
the taxpayer to take net losses IN
prior years
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
By II. !. Davenport
profc5sor Of Economics in cornell
University

W. ERE there no remaining surplus
" of banking reserves and were
there no practically unlimited
ability i'm the reserve associations to
create new reserves, the probability OF
further credit imitation would not exist.
The possibility also of an ultimate
contraction Of credit and speculative
reaction with resulting financial and
industrial crisis would be reassuringly
small
Bat any crisis must be several years
removed. even though the imitation CON
tinues These three possibilities then,
CD stable prices,
- falling debated prices,
SD rising inflated prices,
are open and must receive discussion.
The easiest way of understanding
what future conditions will mean is
through understanding what past con
ditions have meant. Supplies of "capi-
tap during the last two years, the
rates of interest and the movements Of
prices in the stock exchanges have
bristied with surprises The prices Of
securities respond rapidly to interest
rates. Actual earnings and dividends
fuctuatc TO be sure, as also the pros
poets of continued. earnings and of
continued maintenahce Of interest pay
meuts. But changes in interest rates
and in The forecasts Of interest rates
are the most potent influence for gen
cral change. i'm exchange quotations.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
Canadian Victory
Bonds Are Strong
In Open Markets
Widespread Buying Power
Revealed After War Issues
Are Released From Com
troll OF Loan Committee

Special Correspondence
TORONTO. Jan. 1S.-Canadian Vic
tory loans have enjoyed conspicuous
strength in recent weeks At the be
ginning of the month the Victory
loans of 1917 we're released from the
jurisdiction of the Victory Loan Com
mittee and listed on the Toronto and
Montreal stock exchanges The cx-
pcrionce of the last two weeks has
proved that this step was taken adj
visedly
The Victory Loan of 1913 still re-
mains under the control of the com
mittee, but it is not unlikely that this
also will be released in the near future.
The Victory Loan of 1917 has three
maturities. 1922. 1927 and 1887. A pref
erence has been shown for the bonds
of more distant maturity, as the in
vestor recognizes that before they
come due new issues Of gilt-edeed
bonds will yield much less than the
Victories, and that therefore, they
should advance to proportional pre-
MUM The Victory Loan of 1917, matur-
ing in 1887, which was issued at par.
is selling in the open market now at
1922 to 103, whereas the 1927 group
IS being bought at 10lla to 1o2 and
the 1922 bonds at 1894 to 100 The Old
war loan of 1887 maturity is selling
above the issue price, at ere to 977s.
The Victory Loan Committee is find
ing ready sale for Victory loans of
1918. Often buying orders have to wait
for days before they are filed. These
bonds were listed slightly above thS
issued price when the committee placed
them on the market The 1923 and 1893
maturities were both advanced i'm price
early in the trading, and recently a
further advance was authorized in the
1898 maturity, the present price being
l02 and interest to buyers and i0l to
sellers, as against an issue price of par
and interest.
Victory Bonds Strong
The strength Of the Victory bonds IS
due ultimately to their high Weld. which
is close to $50 per cent at the present
price. The fact, however, that thew are
readily absorbed is q good ndex or the
current prosperous conditions in Can
ada. The people have money to invest.
Beiore the war the percentage of Cana
olans who invested i'm securities was
very small The experience i'm buvin@
War bonds has taught the people q les
nose ,,I-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
Reconstruction 0zed Beyond

Of War Bride Enterprises,
Decline Stocks Generally Should
Should SoyPublc Utility Corporations Rates
MAY BE Expected to Co Bankru
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-01-19
By Morris F. Frey

Tar Consu1tant Of the Guaranty
TY7tst Company, Of Nelo York
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13

First publication April 29. last May 3D.
State of Wisconsin. County Court. Marathon
County.
In the Matter of the Estate = D.o..
OF John d. Coleman, deceased III foOdOe
1t appearing by the verified petition of
George ". Coleman the administrator of the
Estate of John D. Coleman, deceased, among
other things, that the personal estate of said
deceased, in the hands Of said petitioner is
administration, last sickness and funeral, and
the debts outstanding against said deceased,
ard that it is necessary to sell or incumber the
whole of the real estate Of said deceased for
the payment thereof. or some part thereof:
And said petitioner praying that he be
licensed and empowered to mortgage lease or
sell. as to the court seems advantageous and
expedient, the whole of the real estate of said
deceased, described in such petition or so
much thereof as shall be necessary, for the
payment OF such expenses and debts:
Therefore, it is ordered, that said petition
term OF said court. to be held at the Court
House in said county, in the city Of Wausau,
on the Fourth Tuesday Of May, 1919, at the
opening OF court on that day. or as soon there
after as said petitioner can be heard:
And, 1t is further ordered. that notice Of
such hearing be given TO all persons interested.
by publication hereof three successive weeks
previous to said time. in the Wausau Pilot, a
newspaper published in said county, and by
serving copy hereof personally on all persons
interested in said estate. including guardians
of such as are minors or fDcompetentS, IL any,
and residing in said county and on the
attorneys of all persons who have appeared in
the proceedings herein. at least twenty days
before such hearing
Dated this 2sth day of April. 1919.
By the Court.
GoaMsS 4 paFax Afforrevs
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
TAX SALE NOTICE
County Treasurer, Mar. Co.

.c,unty Treasurer, Mar. Co.
oe'e T 81 sau11 Wis, May 8, 1919.
We = hereby given that the taxes
lotice : 80 delinquent taxes for the
ID drala'9 On the following described
al lsI9' o. have been returned as de-
.sds ThlCn This office as provided by
iaquent IL IN unpaid, and that each
n, reIlaiL of land or so much
rsct or pr nov he necessary therefore,
tsreOl d. -, - second uesday of June,
ID, On .n n 1919. and the next sue
gIt JlI ioys be sold by me at public
ssiing % nv Office in the city of
,scion' n sajd county, for the pay
sla;o 81 the Il. taxes, interest and charges
sseon' FRANK H. DAMROW,
Treasurer, Marathon Co., Wis,
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April %, last Mayo.
Notice for Administration and Notice
TO Creditors

State of Wisconsin. County Court. Marathon
County-In Probate.
In Re Estate of Hialmar G. johnson, de-
ceased.
Notice is hereby given. that at the Special
Term of said Court 10 be held on the Fourth
Tuesday of May, A. ID. 1919, al the Court House
in the City of WauSau County of Marathon.
and state of Wisconsin. there will be heard
and considered. the application of Charles
Johnson, of Rhinelander, Wisconsin, for the
appointment of an administrator OF the estate
of Hjalmar 6. johnson late of the City Of
Wausau in said county, deceased:
Notice is hereby further given, that at the
Special Term of said court to be held at said
Court House. on the Second Tuesday of
September, A. ID. 1919, there will be heard,
considered and adjusted all claims against
said Hjalmar q. johnson deceased;
And notice is hereby further given, that all
such claims for examination and allowance
must be presented to said county court at the
Court House in the City of Wausau, I'm said
county and state, on or before the first Tues
day of September A. ID. 1919. or be barred.
Dated April 21st. 1919.
By the Court,
F. E. BUMP. Judge.
f. ID. MINAHAN. Rhinelander, Wis,
Attorney.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April go, last May ID.
Notice to Prove VIII and Notice to
Creditors

State of Wisconsin, County Court. Marathon
County.-In Probate,
In Re Estate of Adolphine Mueller. deceased
Notice is hereby given, that at the Special
Term of said court to be held on the Fourth
Tuesday of May. A. d. 1919, at the Court House
in the City of Wausau, County of Marathon
and State Of Wisconsin, there will be heard
and considered, the application of Martha
Mueller to admit to probate the last Will and
Testament of Adolphine Mueller late of the
City of Wausau. in said county, deceased, and
for the appointment of an executor;
Notice is hereby further given, that at the
Special Term of said court to be held at said
Court House, on the Second Tuesday of
September, A. d. 1919. there will be heard
considered and adjusted, all claims against
said Adolphine Mueller deceased;
And notice is hereby further given, that all
such claims for examination and allowance
must be presented to said county court at the
Court House in the City of Wausau. in said
county and state. on or before the first Tues
day of September, A. ID. 1919, or be barred.
Dated April 23rd 1919.
By the Court.
F. E. BUMP. Judge.
HENRY MILLER, Attorney.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication AnriI % last Ma

First publication April % last May 81.
State of Wisconsin. Circuit Court, Marathon
County.
Augusta Rapraeger.
Plaintiff.
Albert Kolbeck and Agnes Kolbeck. his
wife, Harry Fl. Overtoom and Estelle
Overtoom, his wife, Fred Brand. AdOlph
II. Holub and Mrs Anna McLeary,
Defendants
The State of Wisconsin, to the said Defen-
dants, and each of them:
You are hereby summoned to appear within
twenty days after service of this summons.
exclusive of the day of service, and defend
the above entitled action in the court afore-
said and in case of your failure so to do.
Judgment will be rendered against you accor-
ding to the demand of the complaint
KreutZer, Bird. OkoneSki s. Puchner,
PLAINTIFFS Attorneys.
p. o. Address, Wausau, Marathon County,
Wisconsin.
Note: The summons and complaint in the
above entitled action is on file with the clerk
of the circuit court for Marathon County. and
the action affects the title to the following
described premises, towit: Beginning at
feet, east of the southwest corner of the south
west quarter of the southwest quarter, of
section twenty-five (22), in township twenty
nine (29), north of range five 80 east, Marathon
County, Wisconsin and running thence north
two hundred and thirtyone (23) feet, thence
east one hundred and eightyeight QSS) feet,
thence south two hundred and thirtyone (23D
feet. thence west one hundred and eightyeight
(Ss) feet. to the place of beginning, being same
800. of deeds on page two hundred and thirteen
2f31
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April %, last May s.
Notice for Administration and Notice
to Creditors

State of Wisconsin, County Court. Marathon
County.-In Probate.
In Re Estate of Thomas Teicht, deceased.
Notice is hereby given. that at the Regular
Term of said Court. TO be held on the Third
Tuesday of May. A. D. 1919, at the Court
House in the City of Wausau. County of Mara
thon, and State of Wisconsin. there will be
heard and considered. the application of
Theresa Shearman Teicht for the appointment
OF an administrator Of the estate of Thomas
Feicht late of the Town of johnson in said
county. deceased;
Notice is hereby further given. that at the
Special Term of said court, to be held at said
Court House. on the second Tuesday Of Septem-
Der, A. d. 1919, there will be heard. considered
and adjusted. all claims against said Thomas
Teicht, deceased:
And notice is hereby further given that all
such claims for examination and allowance
must be presented TO said county court at the
Court House in the City of WauSau, in said
county and state, on or before the first Tues
day of September, A. ID. 1919, or be barred
Dated April 18th, 1919.
By the court.
F. z. BUMP. Judge.
GEO w. LIPPERT, Attorney.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April s. last May IS.
Summons

First publication April 8, last May 10.
Summons
State of Wisconsin, in Circuit Court, for Mar
athon County.
Teckla Bast and Harry Bast, Plaintiffs.
VS..
Nicholas Overfeld, or the unknown heirs,
deviSeeS, representatives or assigns of
Nicholas Overfield and Lydia E. Over
field. wife of said Nicholas Overfeld, or
the unknown heirs, deviseeS. representa-
tives or assigns of Lydia E. Overfeld,
Defendants.
The State of Wisconsin to the said defendants:
You are hereby summoned to appear within
twenty days after the service of this summons
upon you, exclusive of the day of service, and
defend the above entitled action in the court
aforesaid; and in case of your failure so to
do. judgment will be rendered against you
according to the demand of the complaint, of
which a copy is herewith served upon you.
JOHN H. FRANKIE.
P. o. Address; Marinette. Marinette county,
Wisconsin
The original Summons and verified Com
plant herein are on file in the Office of the
Clerk of the Circuit Court for said County of
Marathon, Wisconsin in the City of Wausau,
in said County.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April %. last May ID.
Notice of Final Account and to Deter.
mine Inheritance Tax

County Confederation County. Wisconsin,
In Probate.
In the Matter of the estate OF
Magdelena Sem. deceased.
Notice is hereby given. that az a special
term of the county court to be held in and for
said county at the court house in the city of
Wausau. in said county on the fourth Tuesday
(beine the 27th day. of May. A. ID. 1919. at the
opening of court on that day the following
matter will be heard and considered:
The application of Kilian Strachota. admins
traitor Of the estate of Magdelena Sem, decea-
sed. late Of Wausau. in said county, for the
examination and allowance of his final
account and for the assignment of the residue
OF the estate OF said deceased to such persons
as are by law entitled thereto; and for the
determination and adjudication Of the inheri-
lance tax, il any. payable in said estate.
Dated April Goth. A. d. 1919
By the court.
r. E. BUMP. Judge
REesER & RIHGLE Attorneys
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13

(First publication April %. last May 6-3wl
State of Wisconsin. in County Court for Mara
Jhon County,
In the matter Of the estate of John F. Zielinski.
deceased.
Notice is hereby given that at a special term
of said County Court to be held in and for said
county at the court house in the city of Wau-
sau said county. beginning the second Tues
lowing matters will be heard and considered:
The application of George Bricko admins
traitor of the estate of John F. Zielinski. de-
ceased, to sell all of the following described
real estate belonging to such estate: to-wit,
the South One-Half of the Northeast One
Quarter of Section Number Two. Township
Number Twenty North of Range Num-
Der Ten East, Marathon County, Wisconsin.
Dated this 18TH day of April, 1919
By the Court
F. z. BUMP. Judge
W. ID. HAsELTINE,
Wittenberg, Wis.
Atty. for Administrator.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
First publication April %. last Mayo.
Notice of Final Account and to Deter
mine Inheritance Tax

County Confederation County, WiScon-
Sin-In Probate.
In the Matter of the will of
William CaSSilS. deceased. {
Notice is hereby given. that at a special
term of the county court to be held in and for
said county at the court house in the city of
Wausau in said county on the End Tuesday
(being the 18th day. of May. A. d. 1919, at the
opening of court on that day the following
matter will be heard and considered:
The application of M. II. Altenburg. executor
of the will Tor estate) of William CassilS,
deceased, late of WauSau, in said county for
the examination and allowance of his final
account. and for the assignment of the residue
of the estate of said deceased to such persons
as are by law entitled thereto; and for the
determination and adjudication of the inheri-
tance tax. if any, payable in said estate.
Dated April 18th. A. d. 1919.
By the Court,
f. E. BUMP. Judge.
REGNER & RINGLE, Attorneys.
Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-05-13
HENRY MILLER, Attorney.
First publication April 20, last May 3D.
Notice of Final Account and to Deter.
mine Inheritance Tax

State of Wisconsin, County Court, Marathon
County:
In the Matter of the Estate of Tn Probate
Minnie Feltis, Diseased. 1"
Notice is hereby given. that at regular
term of the County Court to be held in and for
said county, at the Court House in the city Of
Wausau. in said county on the first Tuesday
(being the 3rd day. OF June A. ID. 1919, at the
opening of court on that day or as soon there
after as the same can be heard, the following
matters will be heard and considered:
The application of John Ringle, Junior
Executor of the will of Minnie Feltis deceased.
late of town of Wausau. in said county, for the
examination and allowance of his final
account. which account is now on file in said
court for the allowance of claims paid without
filing as set forth in such final account, and
for the assignment of the residue of the estate
of said deceased to such persons as are by law
entitled thereto for the determination and
adjudication of the inheritance tax, IL any,
payable in said estate.
Dated April 18th, A. d. 1919.
By the Court,
f. E. BUMP, Judge.
REGNER & RINGLE, Attorneys.