davidaulloa/AmericanStories huggingface dataset:
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Our Battleships Out of Date.

From excellent authority it is learned
that the United States must build an
entirely new navy within the next six
years. The present fighting feet must
be put out Of commission and new one
substituted, composed Of up-to-date
warships. that is if we are to retain our
position among the worlds great pow
ers. IL you expect to regain your health
you must first see that the stomach and
digestive organs are strengthened and
properly fitted to do their work, for it is
through this source that you receive
your health and strength. The famous
Hostetter's Stomach Bitters is particu-
larly adapted for making weak stom-
achs strong and also TO cure poor appe'
tite, belchlng, bloating, costiveness,
dyspepsia, indigestion, billiousness,
female ills, chills, colds, grippe or ma
laria. Don't fail to try the Bitters at
once. 1t is absolutely pure.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

If the railroads could carry pas
sengers for three cents mile twenty
FIVE years ago, when travel was light,
why can't they do it now for two
cents when the traffic has so enormous
" increased
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

IT is true that Congress hash t hurt
the trusts any, but the trusts are get
ting uneasy, for some of these days
the people will elect Congress that
will do something.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

Orino Laxative Fruit Syrup is new
remedy, an improvement on the la1a-
tives of former years, as it does not
grippe or nauseate and is pleasant to take.
1t is guaranteed. Sod by Hills Phar-
macy.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Steady Work.

A reliable and capable man wanted
to operate Steam Drill Apply mmedi-
ately in person at Quarries, Pinesburg,
Nd, on Western Maryland K. r., or
address Potomac Valley Stone b Lime
Co., Hsgerstown, Nd.
Marsh Z, leef-tf
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

Little globules OF sunshine that drive
he clouds away. DeWitt's Little Ear
ly Risers will scatter the gloom Of sick
headache and billiousness. They do
not grippe or sicken. Recommended
and sold here by Remnants Pharmacy.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

Kodol digests what you eatand quick
ly overcomes Indigestion, which is
forerunner Of Dyspepsia 1t is made in
strict conformity to the National Pure
Food and Drugs Law and il sold on
guarantee relief plan. Sold by Rein
hart's Pharmacy.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

We don't like the way that Cover
nor Dawson slashsd the Shepherds
town appropriations. but there are
other communities in the same h1.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

AT Culpeper, Va, last Thur sday
the jury that tried James A. and
Philip ]. Strother for the killing Of
VIM. F. Bywaters, who had betray ed
their sister, found the prisoners not
guilty, and the accused men were set
free. The jury evidently believed
that men of the Bywaters stripe are
more dangerous to community than
those OF the Strother stamp, and In
this opinion most persons south OF Ma
son and Di1on's line will heartily
agree.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

Four brood sows. 3 OF which will have pigs
by day OF sale, is nice shoats, thoroughbred
Berkshire boar
FARMING IMPLEMENTS-One No. 2
Brown wagon and bed, spring wagon. /
buggy, Deering binder. Mccormick NOW
er, | Scientific corn cutter, ! horse rake,
disc harrow; l singletoOJh harrow, l peg
tooth harrow, four square harrow, OllVer
chilled pillow No. 49, grain drills, cultlVa-
tors. / double corn planter. single-shoVel
ders. set OF dung boards, hay knife, lB.fhot
ladder, hand corn troopers, seed sowsr, cut
ting box, grain cradle and rake, forks, sln-
gle ana double trees. digging iron. shovel +,
msttock, maui and wedges, nalf tushel meas
ure. corn barrel. vinegar barrels. set black
smith tools. set OF shoeing tools Enterprise
sausage grinder and suffer, Iron Kettles,
crosScut saw, hand saw, brac and bits wire
pliers. wire sire chers, log cha ms, COW ch aims
2 pair spreRderG, pair OF steelyHrds, lot OF
gambling sticks meat benches, lot OF osro
wire and many other articles too numerous
TO mention.
HARNESS-Two sets Yankee harness
Loyns make. 2 sets OF lead gears, sets pillow
gears, collars, brides, housens, pair
check lines, lot OF halters, &c.
TERMS-A credit OF Q months will be Civ
en- on all sums Of 0snd over, purchaser TO
give note with approved security, negotiable
and payable At the Jefferson savings tnk
OF Shepherdstown. Notes TO bear interest
from date. Under SO cash. No property u
be re moved until sc tiled for. Sale TO begin
]. sTRIDER MoLER
J. w. Dodd, Auotioneer.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
WEST VIRGINIA ITEMS.

1t is said that s. s. Buzzerd is to
be appointed post master at Berkeley
Springs, succeeding Postmaster Som
ers.
Col. John T. McGraw, of Grafton,
has struck a gas well about FIVE miles
from that place that shows daily
flow of about 100000 feet. This is
the fifth we'll that Col. McGraw has
struck.
The Reform party of Clarksourg,
this State, has nominated Hon. Harvey
w. Harmer as a candidate for mayor
Mr.. Harmer, who is now mayor Of
that city, Is a son-in-law of Henry @.
Marten, of Shepherdstown.
An explosion of natural gas in the
home of John Lucas at Grafton, this
State, destroyed the house NJ onday
morning Mrs. Lucas was so badly
burned that she died soon afterward,
and Mr.. Lucas and his three daugh->
tiers were seriously burned.
Argument was begun in the Supreme
Court of the United States Monday on
the demurrer of the State of West Vir->
ginia to the bill filed by the State of
Virginia to assume part of the debt
contracted by Virginia before the State
was divided. Attorney General An.
dsrson, of Virginia. and Hon Holmes
Conrad appeared for Virginia, and
Attorney General May. of West Vir-
gipia Hon. John G Carlisle. George
W. McCllntock and Wesley Mollohap
for West Virginia.
Judge Francis NJ. Reynolds. in the
circuit court at Keyser, has sustained
the Board of Public Works of West
Virginia in the amount OF the assess
ment of Baltimore & Ohio Railroad
property in Mineral county. In al
most every county in West Virginia
through which the Baltimore & Ohio
runs the court has sustained the ac-
ton of the Board of Public Works.
1t is understood, however. that the
railroad ,mpany would carry the case
to the Supreme Court Of Appeals of
the State.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
It's going to do it anyhow.

RIGHT straight along the courts are
upholding the railroad assessments Of
the Board of Public Works of West
Virginia. The fact is, the railroad,
are not assessed as high as indlvldu-
ais, proportionstely, and they should
be thankful to get off so easily.
Governor Dawson has made good
his promise to put the proper tax up
on the railroads.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

TIN Hon. Hoke Smith, of Georgia,
is being suggested as the Democratic
candidate for President next year.
Somehow we like Smith-hs is big,
brainy fellow and a good Democrat
and If all the Smiths should vote for
him he'd win certain.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

The Bryan idea of government
ownership of railroads is gaining
ground very rapidly. If the public
knew of all the rascality in the man
agement of the great railroads, and
could see for themselves how the PEG
pie are being Aeeced and imposed
upon, the sentiment would simply
sweep the country.
It's going to do it anyhow.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

The people of Virginia are kicking
about the e1orbitant rates that the
Chesapeake & Ohio Railroad has an
nouuced for the jamestown Exposition.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

As unto the bow the cord is,
So unto the man Is woman
Though she bends, she obeys him
Though she draws him. yet she follows.
Useless each without the other.
~ -Longffllov.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

The Baltimore Conference of the NJ.
E. Church will meet at Cumberland,
Nd, April Sd.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Honey for Sale.

We can furnish honey At Is cents
per sections for me dollar.
BENJAMIN HARTzEIL
osh 10 Ip0s-d
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Wednesday, March 20, 1907,
the following valuable peHnnai property
II HEAD OF HORSES AND COLTS.

Five OF them being heavy draft mares and
will work anywhere hitched. three other
mares that work against strap aud VIII drive
single or double. horses. two o. which are
No. wagon and barshare leaders, the other
two being good strap horses, S-year-old colt
well bred, Will make gooI driver, this colt
shows marks OF speed, Que 2y'ar-old hal
Pefcheron mare. year OLD colts by a Per
cheron horse and out OF heavy mares.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Stockholders Meeting

In accordance with the charter, no.
tice is hereby given that the annual
Stockholders meeting of the Va. & Md.
Bridge Co. will be held on the first Mon
day in April next, the lst, at the Farm
ers Bank at 3p m, TO elect board Of
directt rs and transact any other bust.
ness before it.
G. w. BILLMYER, Sec'y.
March IA. l907-2w.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Notice to Trespassers.

All persons are hereby warned not to
trespass in any way upon my property
north Of town. The dumping Of rub
bish of any sort upon the Ray lot, re-
Gently bought by me, is expressly pro-
hiblted.
H. w. POTTS.
March IS, l907-3w
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
MorgontoWD

MorgontoWD
has ten glass houses, a large
Tin Mill, the State Univer
sity, with its ELEVEN HUN.
DRIED (IIoo) students, as
we'll as several minor indus
tries, giving employment to
no small. numbers of people.
Homes For The Hopeless
has been a serious question
during the past year, and on
ly partially solved by local
hotels and boarding houses.
But now since the rapid strides
of the new NJ. & K. R. R.
have turned into one huge
mining and manufacturing
camp the great Decker's
Creek Valley, which is con-
tinually dumping its people
and pouring its treasure into
the lap of Morgantown, they
again meet the question,
What will be done to get a
roof over each of the new
families ?"
Eight Hundred TbousoDd
Dollars
sounds big, doesn't it /? Yes,
and it is big, too. Yet, this
amount is paid out there III
wages every twelve months,
and if we add to this sum the
pay rolls of the new railroad
and the new mines we have
grand total that makes one
sit up and take notice.
Your Money And Your
Muscle
are they employed to best
advantage? Don't you want
to help build homes there
that will yield you 10. II, IS,
and IS per cent on your cap
ital, which is now likely eth
er idle or earning you 3 or
4 per cent in some bank ?
Have you children to edu-
cate? Are you and your
family looking for the best
town in West Virginia ? If
so, why not write at once to
J. w. WILEs, Morgantown,
w. Va.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

81 being thrifty shosts ranging In weight
from 40 10 l30 lbs, most OF them being half-
bred DurOcs 2 good brood sows.
FARMING IMPLEMENTS i-horse wa
CONS, W tgon bed good AS new, 2 sets shelly
ings, Deering binder In good order, wheat
drills. | a Pennsylvania the other an Owego,
both In good sha pc. 2 Brown Manly cultiva.
tors used one season. Syracuse harrows.
square harrow ! Ditto corn crusher horse
rake water cart, wheat fan, 3 horse Vulcan
pillow. No. 10 chilled plows, thribble SHOW
ell plOws, thTibble trees. double tree and a lot
ofsingle trees. farm bell.
HARNESS-Complete for horse team.
several brides and collars, wagon line, wa
gon saddle. sets plow gears, set butt ch aims,
pair breast chains, forks, shovels, digging
iron and many other Things that are kept on
"A we'll equipped farm.
ALSO SOME HOUSEHOLD + RNITURE.
TERMS-Oh purchases OF ten dollars and
over "A credit or twelve months will be al
lowed, the purchaser giving a negotiable
note. with approved security, bear, ng inter
est from date. and payable ther at the
Farmers and Merchants Deposit Compan
or the Bank OF Charles Town. Purchases Of
less than So will be cash.
\. y. STICKEL & son.
Henebowsr a West, Auctioneers
Il. r. va es 4 I. X. Moore. Clerks.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
To the Public.

l have the agency for the Target
Brand Scale Destroyer, put up by the
A. 81. ID. Company, of Martinsburg.
Orders filed on short notice.
c. ]. ROBERTS,
Bardane, W. Va.
March IA. l9O7-2w
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
For Rent.

The property east OF Swan Pond, for
merly known as the Koontz place is of
fered for rent. Comfortable dwelling
house and four acres OF land, with nice
fruit, etc. Apply to
JOHN J. BYERS,
Route S, Martinsburg, w. Va.
March Ia, l907-2w.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
NOTICE.

All persons indebted TO the estate Of
my brother. Charles f. Strider. will
please come forward and make settle
ment. Those having claims against
the said estate will present them prop
erly authenticated for settlement.
VIRGINIA sTkIOER HARRISON.
Fec. 20, 1907-3w.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

TIE railroads are making frantic
efforts to escape the two-cent rate that
is being adopted by the legislatures Of
30 many States. They threaten to cut
out all excursion and special rates if
the general rate Of two cents is re-
quired, and hold this up as bugaboo
to scare folks. As matter of fact,
there are very few special rates that
are lower than two cents mile. Con-
vsntions and gatherings of a similar
sort are allowed but one cent reduc-
ton, so no one would be hurt if this
Especial" rate is withdrawn.
One-day cheap excursions, such as
the B. & o. runs from this section to
Washington and Baltimore, viii, it is
said, be discontinued, and the people
thus deprived of cheap travel. No
one need be alarmed at this, however.
The railroads are not running them
for fun, and if they choose to cut them
out they will be doing themselves more
harm than their patrons.
If the railroads want to 10 the SEN
sible thing and preserve the good will
of the people, they will gracefully &C
cept the two-cent fares.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

Two good brood spwp. will farrow by day
OF sale, 80 ine young hogs ~ weigh l3
pounds aud upwards, one large Chester boar.
FARMING IMPLEMENIs-Tw Deering
wheat binders, Deeriug corn binder. all ia
perfect order; l Mccormick mower. In good
order: 1 j. \. Kemp manure sprea Ter, %
bushels capacity, ouly used short while; |
No. wagon four-incn trea pair 9-foot
shelVings, double log roller, with land one
eighth inch steel shaft; l buckeye cultiya-
tor, s barshare plOws. OF them three horse
/ syracuse springtoOth harrow, I WOO leu
frame self-clainp morse rake, treble, double
and single tires. three nor sc eVsnsr for road
sets pillow gsans. blind brides, d collars, pair
check lines. fail length; 2plow lines. several
halt.fs new wagon saddle - feet onc-inch
wire netting four feet high, 50 short gain
80 CHS. good as new. broom. m chlne, Excel
slor DTUoder for indoor ana outdoor use, 80
chick CO pacity. all complete. and many 9TH
er articles not mentioned
TERHS-A credit OF " months will be
given ON all sums Of $40 aud over. purchaser
~ give negotiable note payable al tue Jcffer-
son saving. Bank, Shspberdstown or the
Farmers and Merchants Deposit company.
Charles Town. Notes To bear Interest from
date. Under $40 cash. No property TO be
removed until settled for. sale TO begin at
" o'clock a. IN.
IA. II. HENDRICKS.
]. W. Dodd, Auctioneer.
A. j. CIendenniuR, Clerk.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Tuesday, March ~, 1907 !
II Horses and Colts

Two good brood mares, several are good
barshaTe and wagon leaders, ctlts running
from one 10 .nree years old. These horses
are all young sound aud we'll broken. 70
usually quick aud active. one at t.ie above
is my 80. ng driving horse. "DiNie."a very
fNFN.F ar NNr.nu
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
PUBLIC SALE.

The undersigned will make sale OF person
al property on the Walravsn farm, miles
sou the asst OF Charles Town, near Weiricks
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
PUBLIC SALE.

Having given up one farm and having too
m UGH stock, vii sell At public sale. on the
farm Of |. II Strlder, known as the Quarter
Fla ID. two miles north OF Lsetown. on
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
SO HEAD OF HoGSl

Most OF them have lambs row, ShrQp
shire bucks, this Is an exceptionally good 10
OF sheep Just In prime.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
For Sale.

The undersigned offers for sale one
practically new CIPHER Incubator CT
220 eggs capacity and two good brood
ers. Apply to
G. B. WILTSHIRE,
Martinsburg, W. Va.
March IA, l907-tf.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
IL HEAD OF CATTLEl
l24 EWES

Ten OF them thrifty steers viii average lou
pounds each, l Durham bull years old.
Jersey COW W II be- fresh by day OF sale.
1od TU|TSI
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
PUBLIC SALE.

The undersigned intending In make
change Ia his farming operations, VIII sell
At public sale, at his nome on HaEeineld
Farm, mile northwest OF Shenandoah
Junction and two miles east OF kesrneys-
willie, on
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

GEO. W. PERKINS, former first
vice-president of the New York Life
Insurance Company, has sent his
check to the company to reimburse it
for the $4,000 that he gave to the
Republican campaign fund of 1904
Perkins, who Is partner of j. Pier
pont Morgan, came near having Sc
rious trouble for this diversion of the
policy holders money, and his resti-
tuition proves that Judge Parker was
right when he declared that the cor.
porations were furnishing corrup-
ton fund for the election of Mr.. Roose.
welt.
By the way, it looks to US as if
President Roosevelt ought to refund
the money that Perkins has disgorged
The President received the benefit.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14

THI temperance cause is making
great gains in Tennessee. A short
time ago the city of Clarksville went
dry, and on Monday last Knoxville by
a good majority voted to close up the
whiskey saloons. Men. women and
children worked for the temperance
cause all day, parading the streets and
urging the voters to work against the
FALCON evil.
All over the country there is re-
volt against the sale of whisksy, and
State legislation favorable to the tenn
perancs cause is being adopted. The
millennium will get here after awhile
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
PUBLIC SALE.

The undersigned having sold her house,
and intending - quit "a 'usckeoPing, viii
sell At public sale. without reserve on
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
20 HEAD OF caTTLEi

-Four mitch cows. some Will be fresh by
day OF sale. one large Poiled Angus Buil,s.v-
eraI yeaTilug Durham bulls, balance thrifty
Young cattle.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
PUBLIC SALE.
10 Head of Cattle!
81 HEAD OF HOGSI

Three mich cows, 4 fat steers. balan
thrifty young cattle.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
30 HEAD OE SHEEPI
% Head Of Hog5I

one extra nne Duck, balance thrifty ewes
all Will lamb by day of sale,
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
9 HEAD OF HORSES |
4 HEAD OF CATTLEl

Flight, grey mare, will work anywhere,
- good barshare leader. Bess, sorrel
mare, good riding and driving mare.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1907-03-14
Friday, March 90. 1907 !

No. ]. grey mare. Bird. works anywhere
hitched No 2 grey horse, Nip, works any
where hitc he'd, good q river and sAddler. No
3. black horse, Tom, works anywhere. No. 4,
roam mare, Daisy. works anywhere.
The Monticellonian., 1907-11-28
One OF foe
 ESSe71fidLS

of the happy homes of to-day is vas. fund of information as to the best methods of promoting health and happiness and right living ani knowledge of the world 5 best products.
 Products of actual excellence and reasonable claims truthfully presented and which have attained to worldwide acceptance through the approval of the Well-Informed of the World not of indi- yiduals only. but of the many who have the happy faculty of selecting and obtain ing the best the world affords.
 One of the products of that class. Of known component parts, an Ethical remedy, approved by physicians and com mended by the Well Informed of the World as a valuable and wholesome family laxative is the well known Syrup of Figs and Elixir of Senna To get it's beneficial effects always buy the genuine, manu- iacturcd by the California Fig Syrup Co, only, and for sale by all leading druggists.
The Monticellonian., 1907-11-28
MAKES A SPLENDID SHOWING.
Missouri Pscific's Gross Earnings h. crease, and Expenses Decrease.

The Missouri Pacific system tinclud. Ing the St Louis, Iron Mountain & Southern and the Central Branchl operated last wear for Cts per cent. as against ratio of 6I9 per cent in the preceding year. which. on it's lace, Is very creditable showing. and which improves upon examina tton. Gross earnings were SIS. 7O3. .342 the largest in the history of the com, pany: net earnings were $16.lSS.27. To net earnings add s3.2S3.2 .2S2 other income, and the total available income is sle,471,555. of which taxes. inter est on funded debt and equipment trust obligations. and sundry other charges consumed CO.'S per cent. or s11.773, 452. The s7.69S, ,103 remainder equaled 9.9 per cent. on the outstand Ing sT7,s17.SI5 capital stock.
 That this result was not obtained at the expense of the property Is shown by the following percentages: Gross earnings increased 9.3 per cent; ex- penditures for maintenance of equip ment increased q per cent; expendi- lures for maintenance of way and structures increased 9S per cent; the cost of conducting transportation in. creased 2.6 per cent; general eX- penses increased IT per cent. The secret of the company's showing is in the small increase in the cost of con ducting transportation. Expenditures for maintenance increased in greater ratio than gross earnings, but as against an increase of 9.3 per cent. in gross earnings is an increase of but 2.6 per cent. in the cost of conduct ing transportation.
 There is obviously nothing in the showing made by the company for thc last fiscal year to account for the fact that the stock is selling at the lowest price since 1900, when it was a nor dividend bearing security. It has earned and paid its per cent. year since then The price of the stock must be supposed to be due, partly. to financial conditions affecting all SC curities, and partly to the fact that in the last two or three years there has been no organized effort 10 sup port Gould securities. They have been left to find their level with investors Since the appearance of the annual report the transfer office of the com pany has been fairly overwhelmed with the opening of new accounts in odd lots.