New-York tribune. [volume] (New York [N.Y.]) 1866-1924, January 04, 1916, Image 14

Search America's historic newspaper pages from 1756-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'New-York tribune. [volume] (New York [N.Y.]) 1866-1924, January 04, 1916, Page 14, Image 14',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83030214/1916-01-04/ed-1/seq-14.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83030214/1916-01-04/ed-1/seq-14.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83030214/1916-01-04/ed-1/seq-14/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83030214/1916-01-04/ed-1/seq-14/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

New-York tribune. [volume], January 04, 1916, Page 14, Image 14
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

Image: of 22.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (6.4 MB)

New-York tribune. [volume] (New York [N.Y.]), 04 Jan. 1916. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1916-01-04/ed-1/seq-14/>

Newspaper Page Text

Our Business Prospects
When the War Is Ended
'N ? riling Readjustments <>l Industry k'%en I i
ition I Irr?' and abroad - W iw
Preparation Needed
B? PROFESSOR J. W. JENK5.
??f: \
'
i
-
i
? ' ;
r nil. bi
otlt
tal
? >
.ro adapted can be
? ? ?
?ara r
*
. ? ?
?
met
? ? ?
: , . ,
"
ture, f
I t en Competition.
? '
. . .
gan 1 i
i
?
?
?
? I
?
. I tne
??. Th
I? I canii
: .
?
?
il w 111
ped I ?
?
-
yet 1
c wot
I
. rnm?
?
? ?
i
?
?
?
?
?
?
I . . ' . ? . r.v
I
i.
'
?
'
I
'
? '
.? ri \.-H N 01 I. I '?? <
I ....
; .
\
es her
?
ral i
be bi ?
' .
?
?
Two
? ? ?
?
lin g 1
? ?
?
?
-
I.overnmenl Vil ion Reqi
?
:
the war, i
well ju
I ? i . .
?
? ?
?
i
. r
? ?:?'
???...?
?
na ti '
?
? ?
!
?
?
? ?
1 ?
? '
?
...
?
?
..iiil-a
?
t
?
'
?
?
? '
?
'
'
? hanrei la ??nti rrual l
i
i
The <>\.r f ?i-?'ijfi
?
I
tai ?
i
?
?
?
?
l
*
. sag
?
?
...
WAR LOANS.
CREAT liltlT.MV
Piral, '. . pi'i .?m ??.,i la-an, keala l-fl i"*' eral .
Si.I, |'?j p, r rent >??r loan, ha*-?*. US pe? i ?ni .
Fire-year Exchequer I i??r eral brada
ii.'.i-urs hill-.. |*i i?, ."i per real randa
Share tagto-Freark "> per retal note, la I alt?rd (Matea
N??? ti?.- .e.H i ?i hei|u?'i . pel reel basad? if par
Raaking . redit la I altad State*
FRA n' ?
?Vai loan, I pe? rent, S.73 |.er . ,ot i??sis .
v.it um.il iicti-n. ?? keada <>i ISSS .
Treasar* bead?, three ?ad ala ?Melba .
Komis placed ir: England
Share lagto-Freark I pe? *"" ?otea ka I ?i'?"'1 (Hales
Ct n- in l ailed >.?
Kl SSI \
Internal loan i per real bond?
I ir-t ?iir loan I pi r , ii.l hiiiul*-. at N, l??*4"* ' '? ' l"' " ?'
Second ??ai loan lionds beet? %JU per cent
Third war loan ti*?--*rar ">'?? per cent bund?
Foarth ?a? loan lea-yeai ."?' i? r cent Bead?, basis ?> it pet ?
lic.i-.iii. bill? at hoiiii- and .il.road
ITALY.
Flral i ?sent? tncxe.u i1 pet real hood?. I -7 o per real i??*
?-.?oiiil l?enl\ Ii?"-M-ar l' o col brada. I.s", , ??. i ,-nl !?;.
Ihmi lwraty?flre?year ."?' . pe? renl boads, S.1M per real bs
.?n? n r ii pi r lent nolis in I oili'd Bietet
GERMANY.
I r -i '. pei cent bead?, at S7'j .
*?>??.?.??n! '. pi r . cru Ix.iiil-. al IN '.
ihn i, per i erii IiihiiW. at M
Notiv m i nited States, ?>:>' per real basis
Credit m Swedes
lii. i o.11 i i edil . anil ad? am i |
U *-l lil \ III M. \h"l
*iu>itian loans
Hungarian loaaa
loan- ami reedita la l??*raaaa*
l i I'M i
l o.in in I'ermaa* .
m i.i;akia.
I aan i n i .??? mm?? .
||,7M.?*M.Sff
_? <i.-,n.noo ono
? io.ono.iMin
1 "0 1,0.0011
'.,11.11110 OHO
i 'n nan.nun
.m" Nfl
I. ,..."ll.OOt?
l.M,::.-an?.not.
0 ..'.llll.l'IMI
?-,0.(1111? lllll'
I ; i..niii.ooe
v ;.i; ,000,00c
?', .,?!".mm
?',:. MS, 'Mio
| ...??:??? il i
r,,l '. 1 "-.(.00.000
i ? ,., no 1,000
< .'lilt.non.m?o
,,_ | "II.ooo ?Min
?"i.ii?.oeo.unu
Is.l.llll
II. .. Ill
hi ooo. MM
?n.tion.ooit
l.l..11.10.000
v| :>. nu i nun
n,, "im N|
:iiii tarn ii'in
. ? ,n...un a I
C |i Ulli' ooo
In progrrat
?'? ?
r. Mud
, th?
try, monopo 1st
. . perma
I ei ?ii il? . :,
?
.r vsr
? ?
st govcrni
gem ?
-?
st c
? ? ?
...
? ?
? ... ?, ?
? policy of governmi
thi'ifr ? minent i
Hineilt? lu H.- Kipe. trtl.
. i ? .? ? bi
t i t h a s se? i I
1 ? - ? .
. . f
benefit ay ri
h ' ' th? new trad?
? 'i the
? ? . I . .
ri ,.4ain?'d. if Wl
rover, a lat? - vit
: a? irai!? with . .
. :.,'<? ? i .;?i.' B
, i:i I; along certain lit es can
lal tain? '1 Th? 1 i
? here to n ake eon
? mi
other r- chandise hcretafsrs I
ation of whal
Iit ? g man*, linea,
?
eager mm? t< ?> re pi
trad? means a!<<o the
? ? intrj of i
I s greal e in man]
Earn? < Hoi ta
for exampl?
li?h 1'.P ': ; ! i
btl? ?
? .
,-.. hen the
nevertheli
.. ? ? t in dus try
trationa ?
?
?
grei ?? o ' production
by r retenl ion <>f mai -
on ai ar.
Il |<j i o1 be '-i i
r? the ad'
our g ?.. ? or: in
I ? ?
... to w? .
? -, re to bo
te than ? i vV<
?? s liai! hs .
i'apitni ?
.??red. Their bui ?
ut ion i ou?; their labor
(time he ilf-mnral
pileas ? !'.'? ?ng,
? i ?.-rabie time
before h
?i teen M mated, our em
ploy? ! ? rta eliouhl ?r-e 'o
gether i ? . .
SStaTOl the coun
?ry ir, y nd, SO S to ? r.nHur' 001 h ;
. v effleiei
(if wasting <??' ? by n<
I e ?? ?? i.g 'O Ml I
BI
extet ng ti aur
s re ning to be a
i the war coi
h further il I
? ,.: m 'vi ni ?'
?\ r t:. ? the gres eat er iditor
. earned already i o
? ? ilt of the ws v..
?old in ?mi ael i
?
It' \ac can u ? p"?i(i judgfl I i
.... . ?' fon ,'? ? b
: eont nuing
i.' |. lie]
.; Our
tiv? bat? aai govern
mei and ] parties, smong I
I ... ?nd
. ? I. . -, '?
dorn te t ii ? ? background
?
roed
t the peni
nd to work i ? ? ? ?>>'l
? v f?ir t'nr good a ?
the o]
ti| ? . evei .
rent, ur
? ratio too mud o hop?
Banner Year in Copper
? . ? ' IS bring] to s
ner year 1
pper ii .lu?\try as regards
? foui
g mil g eon
?
? .: . ??
led by '
the 1 ? com- i
? ?
??: - i
?
~ ' I rding 1
? ... v. oi Id," "equa
ye? i
paid by l
"Actu
?
rvative es1
u ? ? rata
SAVINGS BANKS'
lOOTH BIRTHDAY
Immense Growth <>t s>s
lern Since started in This
Country in IHio.
lia \ |< i??i; i. i .KRS.M:r,
? ?airman Havings It.ml, ? ralean sl
Committee, tmeriraa Ituni.?!- \ ?-??
11.in.mi: lontrollei U'illiamsburga
Sa* inn*. H.ini.
? ? ? ?
? rbrste I
? ?
and ? '
hundn and i
Id. M
?
supreti'.i'.
of a'l varii ? > ? the ori|
i ? i >;. r ?.* i. bs
i .-.i ;? I
? ii
? .' ? ... i \
...
Philad?
? i
? .
Tu--.: ? eighl
'
. itual t
pi ? an II,.,l
.. id ovei S5,fl
?
In addil I ?took
bai k and lie buildinj
]<i.Vl
Hi'i stat? bank
called ? . ? ? ?
Hare the, are
est depart? It i
? ? . . peop ?
h:i\e Jil'l ll ?
nuil allow ite. The
. ' .i.'c ruto of intere I paid ? ?
the 1
3'.? par cei t pi i im.
?enlennlsl Thrift Campaign.
I bs strength al s nal on'i lavingi ii
found ?i, the firop'ir'
population. Tha I altad tatei has 11
pei cent ??* its po| When
eompar? d ? i France wi
pei
? ?
cation
....
-a\i-r . | . month and
pennj Of th? t ?n?'"ine. It || r:i:
ttii therefore, thi ligi
? ? ? .
people
In 1913 1 ' ion of
th? Km ' 'i.'. Bs
... ? . lea ol
. .
?
i and he repi eaents
organist ? ??
pai ? 'i..,..-. :
: i ill I OH
a'.! the | .. the li ?id.
i is that no nal long
i nr the Indi? :d'ral seq lire real
sueeess unless thrift ba pn
a r' ..?. tha ' lugurated s
?
Lud expa the dea
I' ?K con di i ed llie rm.
... . ? ' r ? :. ' .
dertakan. 11 of oa snding ? ?
to eon i i del thi progf? i of e cam ?
paign ?? e?
Practical ?Id ta Thrift.
ils
published
. It i ?
Hid to thrift 1
tates with
results and ? i ext?
ii.i" ectun .ipanying
sraturs
,..- ig the pu
portaal
The I oroj es war,
and?
conseq I
? ? I
I - puipit. y. si
i A i.i.i \\ ? I 1
lenil ? ? , T| plea 1
mam :?? ' ' ?
? arid ? ' i'i. Ill? irgi t is re?
I ' if camp ni:r,?.
thrift eongr? ?
.
their il H i?
It I SI 1.?. p ?? the ?lose
of the first cent n
in the Unit?
i cent
.:. in inet.
'
a great
greatest I
V. :.
ls:r. results at -!i i year, j
GERMAN FINANCI
IN GERMAN EYE
Robustness of Country
shown. Says Economist.
by Darlchnskassen.
NATION "BENEFITED
B\ OCEAN BLOCKADI
Reichsbank Percentage "i Go
Reserve in Exi ess of I hat ml
the i>.iiik '?f i ranee.
it. ?.I'U-i.I BERNH M'l?
i ditoi ni "Plate?."
ill ' lin, i'" i ' The econom
? s| pu ?lion "' I ' 'mai.y dui ?I
the v.ai ha be? n del rrniined pi
olal no fi "
i he ses v esult Germa
: . has 'n'. ? ? '
Ina much .1 Gei man* i a emu; 1
which 1 ? . ' nal in
product th? nece
au mat? . mean 1
?thii ?I i?wi l?oui
1 . . the Knj li ockade I
1, an] ' 0 mai e i th? pro p?
rar 1 ? ? ?
.;....? thi !
. . ? ha had a I ' resul
: on view* ? hie
. pa ' ? M:- ?in'
mabl
mp? ?? -i . lit,
r- mptin? .11 tides of luxury, an
monej hat n
ntry, so thi
the . not piled up f<
?
The <ie :.
B ' ' il C0UI1
? ? ..inch trade -till .- po
l?li : . ru our disad* 1 . 1
but thi e gal 0 pur' icula
1 because 1 to
ot at al arge and th
countries with which wo traded sr
p all im]
in thi EquiliV.
rium will be immei gaii i
upon timption ... norma
... ? 1 1
... ?. If thi EnglisI
char..^" ; .h St?
in (? . .. they are com
pletely. I ? ful In
1 ,
n f 1
\.i I. roiniil loi II.- ; 1 -.
u . r.'- r-.'il the wi with a gol?
900,1
Ri ,.. ai d, a? cording to I
... Id re
. . 0f ".i'.i'.Hini 000. The gold re
I
ily ".I. li'i I. was 43.1 pe?
10.3 . cent. Tl ia mud
. 1 .
of the Bank of Fi ai " . which ha?
only againsl notes ii
circulation. I: i- also tu be notei
thai 'he Bat ? of F1 anee pnter?
with a gold e ei vt of I '. 1
? ? paper currt
! . . ? ? figui
.und '
m.- ne ? ystem.
abroad it ha t to di*
credit our money by saying *hu"
thei e wen ii G< n 1 nj titutiona
?rhlch mortgage ? ? tl ing. French
pajar- have enjoyed retailing tlie
Jok? that ?? -i toothpicks have been
mortgaged in Germany by Darlehns
hassen. Thej sought to give th-*
Impression that Gennanj vn 01 ?
large ? and the entire popu?
hit ion in - ? 1 .? on persona]
ehatt?
1 1 ? .. ? ?
When, at tho
ing of Ihi war, *-r<i.-k ex?
its ?es in olved had
. .1 neo ary to create an
h would n 1 ??
aible : and bonds
for tl.I unsalable beca
? . hange - to ha ?? 1
means of liquidai ion in ? a 1? of eed.
It wa ?1 ... ni rabie that the rule
that Reichsbanl i isued onlj
.: p ?,. ? ??
indorsement should lie
abandon? d. Thi
lion of Darle] . . ?> hich had
? during the
? ?? and th?> wa ot
1871 witl ? ? ? ? . rected.
Darlel . -ecu red by
tgag ??tily.
'! ' h ma. be ???
natu
Tl oa to 75 per
" ' ? inge nota?
? ? war.
\ui Obliged to r?k? Scrip.
1 lar ?". do not pay in 1 ash,
it ii which no
1 i .ment.
1 ' German
law. 1 ed not only by the -?ecu?
;. the personal liabil
? ? '! hi circulation
.m no dill
whati ? although, a- has ?'?'?-n em
' one is 0 ike it.
Since at the war it
? ? ? :
might elop. 1 eh ?asen did
.???;? into cir
thei over to thi
. . -. ? . ?
?I ". which ' isbank '
Nalionali/?-?! I***>".
T H r
Or?sni/ed IKTH
American Exchange
National Bank
New York
Total
Ri>onrrfs
Over
5ioo.0tio.ono
II WH I < LARKE Pn
v? M n R H in V>M l l ??: "i: ' HA1GH
\ , V -.? -i -
mit Hi i: P LEE
S k ?I? fil ISt Mil? I LBI III ? BI " .1 I i
\? I.I - ',?
Hi ?.ll Md II BE, W 11.1 IT'. B ! M.LMAN.
We hold It litiag to eipre?? our grateful ark no.-. I
erl??inf'nt lo onr niitomer? and friend?; who??- heart*
?-o-oprratinn has made our growth p?ctatela.
With a sturdy appreriati??n of it?, gres* raiga ?nd
potency are hea>p?>_?K paar rontinred fricradlj latereat
DIRF? TOI<>*
?i'l " PHF.N H i I.I mini:
r . <??? .. . ?
PHILIP v - FRANKI I!
Ka? ? .
F.DW wu> r PI \IT
\ , ?.. ., . If, .
El BRIUGI '.I.PUS SNOW,
rm .-? ,H. m ; ?? -??? . < a
WILLIAM P DIXOX, CLAIS \ SPREfKELS
l> 18- J? Hi - '. '.-.??' ?* . .
JOHN t TERRY
S.- la-.
\MI Ll .M M BARRED I.
i--.. ii- Idas ? BspraM ' a
W M.TKR H BENNETT.
, , p-,.-.??
LEWIS ! ' LARKE,
k fi LTox crrnNc,
ActORltl of Individuals. Firm?. ( orporatii>ns. Banr.? and
Rankers invited
Foreign F.xchaniie
Commercial Letter? of ( reci.t
gave ii notes ii ? thus men
ing the eed of th? Da ?
?lir.i; tu the R*
m< ? of December 7. this institutiu
held 162.000,000 marl - in Iti
ami ;? . l.?000 000,000 were in cli
dilation. So, altogether, Darlehn
? . had Issued not ?- to I he valu
of 1,4 17,000,000 marks, a con
?11 ?um considei ing I
that thi Ki ? n are allowed bj lat
to issue notes up to 3,000,000,00
mai ks. This sum seem i incoi
able when oi e hs ta t? I th
Id Gei
: ii i" have
popular form of in ,'estment.
ll i stimated 11 ??' oreij
i.irities alone held in German;
?mount i" 12,000,000,000 i larl s, an?
the entire amount of Germai
seen ril ?es is consen al i ely
mated ai 100,.,000,000 mark
During the war this ?"tire lump i
immobile. From the opening of th?
war all German industry turned t?
ying tho needs of "sir anil a
the same time strove to sati fj i
the peace demands of the Interns
empire. Most factor?a hu\o had t?
work with day ami night .?hlft-.
Tho demand Tor money am
rredil hi - been enormous, ami h
additiot 9 at loai - to the extent oi
2,?300,.,000 marl ? have be n tul
ed. In tii?' face of these d<
mand l ?arlehnskassen i ? h U I
monial of the extraordinary ?nancial
?i.?-, of the country an<l a
brilliant example of it ^ organ!
In thi- ? ??? nection ll la interesting
'.- i".- waj . which lm
float war
Som? " ? ? ? have been kis -
'? r themselves the pi? a ???* of
ling financing of war as n
enormous bluff. They i i ?
thing like thia: The war loan wa*
lubscribed to the amount ot' ."?.OOO.
000,000 marks; subscribers then
mortgaged their loans with the
Darlehnskasaen and received 1,000.?
000,000 murks for them; therefore
th?- aeeond war loan. which
. ted to aboul 8,000.000,000
represe ited actual!; onlj
4,(.,000,000 n arki in i v sub?
scriptions. Subscribers of 'he .?-er
ond war loan airain mortgaged their
paper for 6,000,000,.mark . which
sum they used to subscribe to the
third war loan, so it in reality
represented only 6,000.000,000 marks
ir. new subscriptions.
]hc v hat are the true <?? diti
The third war !?>an amounted f" 12,
101,000,000 mark . 30 pi.I of
? m. n had been paid in
0 er 18; that is. aboul 3,800,000,.
000 marks. Oi October 2, five dg
he ? -? date of paj menl.
566,000,000 mark- were drawn from
the Darlehne; that is. only a
little ??'.er ??-'a per cenl of th?- pay?
menl ma?i.' on October 18. The t?ua!
? ? the lo?_n showed 3,562,000
individual subscriber . a proof of
how genuine the entire booy of war
?ubecribei .. sen. It ?a
particularly int? ? ? i note that
? iptionJ undei 10,000 merlu
UNITED ?STATES
MORTGAGE ?.TRUST COMPANY
B way at 73rd St. 55 CHar St. 125th S?. at Sth Ave.
Statement of Condition Decmber 31. 1915
Asset?
New Vor'- City and State B ?ndi . $3, II0.S1 i 77
Seouri?ie-. ?lue. one to fi G ?/ears . , 4,710,1 S
Other Bonds and Stocks . . i).?.'.. IS
Time Loans . . 13,381*600 >>>
Bills. Note? ?n.l Acceptances P ised s.967.5k-' IS
Demand L^ans and Loans .lue in thirty la* . 1 1,206.91 ?? "??
Cash o;* Hand and in Bank. 23.13S.Sa7 12
Clesrin Houae Exchanges 7.024.62097
Foreign Exchange I7S.S42.H
Vdvance? to Trusts . . I|S1H 7h
Mortgnqe. 8,846,On
Knl Batate 20.75?.Hi
Ac? rued interest Receivable . 630,hi;
$94,564.560 78
Liabilities
Capital . $ 2.OOO.0000O
Surplus. 4,000,000.00
Und'vided Profits . 241,6*08.11
Re-erve tor Taxes, etc . ?-7g.
Deposits . 76.786.034 38
Treasurer's Checks . .t.ti.si
Mortgage Trust Bond1- . 7,977.5<HM>0
Accrued Interest Payable. iaS.fl3.tlt
S9U64.56U.78
I'll." I.? TO It*?
* . H? r s- BII>ni.l
. 'sr.; - 'Miii?" a ??*?:?
11
? ? .-1 rr v .
TU? ?Mi ru ir FMt
, nan, \i..itri-.(i- -.
ALLEN H I m il HI1II-U1 .. ?NOW
? HI V. TATN'i
?<l f I? I Its
"Mis w pijiTTi:-. I*i?*asv*?ai
? s:u 1, *U8M1 I \. . 1.. ?.
? I S A*'
,. ? ::> I BEBI ?-- a-, -
IIARB1 ** halm \ a .
? .. I '. it Ml Kl'lll > A
?
I
I
M IT M ? '
>
Hombot \f?? lor*. Lleuritm House lasotlatlon
AYMAR JOHNSON BRADI8H 0 JOHNSO?
CHALMERS WOOD. JR. tips -
J. FLETCHER SHERA
JOHNSON & WOOD
MEMBERS MEW YORK STOCK EXCHANGE
111 Broadway
NEW YORK
T.- - * ' '
tad to 54136,000,.
mark*, or 15 T*". Ctwl of th?' loan,
while subscriptions over 1,000,000
amounted tu 1,750,000,000 murk.-, oi
!" p, c
ill.".' Itgur?
In
.:<?*'
If
doubl r ? ? 0T '
Germen Empire.
J

New-York tribune. [volume], January 04, 1916, Page 14, Image 14
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

New-York tribune. [volume], January 04, 1916, Page 14, Image 14 About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

New-York tribune. [volume], January 04, 1916, Page 14, Image 14
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924