davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1908-05-29
In Report to President Roosevelt. Commissioner Herbert Knox Smith Says It is Clear That Classification at New York is Faulty and That the Rule at New Orleans is Severe.

the same name in different exchanges diffor considerably in quality: Inls III itself causes much of the difference or opinion.
 Radicany different methods of clas- sification are employed In the New 1ork M and New Orleans exchanges. The New Orleans system is largely private ar fair between the partiehs; thc tRs srSitrators % Each lot of cotton when tendered TOT delivery Is submitted to such aroltra- tors, and they, having before them tne cotton officiaIiy quoted by the ex- change, determine what dinerences shall be applied respectively to the va rious grades of cotton in the particular lot. though they. necessarily determine also, as part of this process. what these
 The New York system is distinctly different. New York has what IS cal ed certIfcated stock of cotton, and the New York exchange officially deter mines, through its classification com mittee, what cotton shall be admltteo to that stock and its grade therein' while the inspection fund of the ex- change Is responsible to the owner Of such cotton for mistakes made by the committee in such classihcation All cotton intended for contract aeiareEy ,.i,n m s. at that port, to the classihcation com mittee. If accepted, certificate is is- sued setting forth its grades. This cot ton therearter IS uedlt III OlS bnO O0s . of that certificate, unless the; same be changed by reclassification- The clas- sificafton at New York Is thus much more closely bound up with the ex- change itself, and its effects are more a part of the operations Of the eS- change than in New Orleans.
 A number of criticisms have been made against the New York system as to principle. Thus. lots of cotton are certified as having so many bales of such and such grades, but without iden, tffvinR the grades of the individual bales. The result is that when the buyer receives lot or cotton ne can not from the certificate, sort it out in to even-running grades. because he has no means of Knowing which bales be- long to the given grades. To sort Il out he must examine the cotton itself at considerable expense and delay. This increases the reluctance of buyers te accept the actual delivery of cotton on future contracts.
 Another criticism is that the New York rules do not provide for the ex- clusion of extremely weak or perish ed" staple cotton. as the New Orlean system practically does. While the New York classification committee as serted that as a matter of principle they would not admit perished staple nevertheless, so far as the rules are concerned the grades are determined chiefly by color and amount of trash and there Is no definite standard oJ which weak or perished staple can be determined and excluded, and some such cotton has actually been certihcat, ed It seems probable that the amour, IE not large, but the presence Of any oi 1t is extremely objectionable, owing tS the sellers option of selecting gradei 10 be delivered The admission of eyeV a small amount of such low grades ha
The Montgomery advertiser., 1908-05-29

CT part of the numerous dimculties and controversies as to clsssihcation and the establishing Of price dinsIs ences in both markets. In tne lni.o . grow and pick a low quality Of cot- ton.
 The most practical suggestion ior A limitation of the present range oL grades is. the so-called -mtddiing clause; that is. the exclusion of all white cotton below the grade oI iow middling; and possibly t,at ail tnea 1n yalue. % TSs favor suFfas such dsan is Would not only eliminate at nunn,-r or tne owss objectionable both on account of the controversies to which they give. rise and on account of their unfortunate effect in reducing the contract price but 1t would also tend to exclude sub. stantiaiiy all unspinnable cotton. It must be remembered that the amount of so-called unspinnable cotton, while comparatively small ih has nr,ca dispFS9pCIlIi sli future contracts, so that the benefit to the rest of the crop by its elimination would be much greated than any nara,
 As distinct from the Animation of the present range of tenderable grades, a number of suggestions hSve been made for restricting deliveries on SlnELe contracts WltlAU CAoS AGAAoO ~ As 10 make the contract a more cer- Iain and advantageous one. e
 These suggestions may be comment
 First. A specific" contract: It is wholly out of the question to make the contract an absolutely specific one--- that is, to provide that only one paru- cular grade shall be delivered. In view of the fact that future contracts are largely made before the quality of the crop is known, very few sellers of future contracts would dare to to agree to deliver any particular grade of cotton on an exchange contract owing to constant danger of intent. fonal manipulation resulting in corners and squeezes. Such a restriction would practically destroy the future Second. That not more than three grades of cotton should be delivered on any single contract. The Bu- Bureau regards this not only as im- | practicable, but as having little advan- | tage over the present system.
 | Third. To have two contracts, one
 reau regards this not only as i'm ding cotton and below. Such an ar
 rangement would be wholly experi'
The Montgomery advertiser., 1908-05-29

washington. May 2s-Herbert Knox smith, Commissioner of Corporations' today made public the second and third narts of his report: "The operation of
 ton Exchanges of the United States"
 e with the classification of cot .he range of adesfdeliverable
 act.
 Commissioner treats of condi- tioh on the New York and New Orleans exchanges, the only two markets in this country doing future business. He has found that the methods of the two are radically different and that criticism of both have been made. He finds that in New York there is over- grading and over-classification in cot- ton. while in New Orleans there ap- pears to be under-grading.
 The Commissioner urges the sdcp- n of a system of uniform grades. If .oss. thus simplyfying business and a1 nd to serious abuses
 rt considers at length the cr.. ia directed at the large mum. Der of srades now deliverable on fu- ture contracts and Commissioner Smith says that the importance of the ex. changes of New York and New Orleans and their effect on the cotton industry render 1t desirable that consideration be given to practical lines of improve ments in methods.
 Letter of submittal.
 Department of Commerce and Labor,
 1R ct fNna a E-
 ton. May 29, 1908.
 Sri have the honor to submit here with Part II and Part III of the report on the operations of cotton exchanges, made in accordance with House resolu- . ffon 795, of February {, l9OI. Inese parts deal with cotton exchange meth = ods of classification of cotton and with the range of contract grades. Subse- Quent parts win take tip the effects Of exchange rules and other conditions upon the price.
 For the purposes of delivery on fu> 4ure contracts cotton is chased into a number of grades-eighteen In New York and about the same iu New Or leans, these two being the only Amer tcan markets doing future business. sr r1e ns dunt drt and snsy tsaSh in the cotton. Many criticisms have been made upon the rules of classification in both these exchanges and upon the way In which these rules have been applied. Many difficulties are inherent; bly never be an exact science. but must always depend more or less upon the discretion of experts, and be open to honest differences of opinion More over, there are no uniform standards or grades in the cotton trade. Grades of
The Montgomery advertiser., 1908-05-29

(CoRtInued on Page Tsh.)
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

under false pretenses. Matter settled
and defendant discharged
Estota of M I Malanaphy ordered

under false pretenses. Matter settled
and defendant discharged.
Estate of M. j. Malanaphy, ordered
that notice for final discharge of exc
cutor be given John R. Malanaphy by
posting notice in the usual manner.
Estate of John X. Clifford. deceased;
will admitted to probate.
Estate of Mathew Hamilton, de-
ceased; final report of guardian ap-
proved and ordered that he turn all
moneys and other property over to ad-
ministrator. Mr.. C. F. Webster, who
was guardian, has also been made ad-
ministrator.
Estate of Lawrence Martin, deceas-
ed; will for probate refused and denied.
Estate of Diana C. Mason, deceased;
final report approved.
Estate of John Zimmerman, insane;
Henry Zimmerman appointed guard
ian and bond fixed at 81, 900.
Estate of Abbie j. Watson, deceas-
ed; will admitted to probate and
Charles Watson appointed executor.
Estate of Albert Larson, deceased;
report Of administrator showing mort
gage to D. H. Thomas, cashier, for
$500 to secure loan, approved.
Estate of Will Reden, minor; final re-
port approved.
Estate of David G. Williams, de-
ceased; petition for allo vance of claim
of 81, 900 allowed.
Estate of Alice l. Harris. ct al,
minors; $40 per month for six months
granted for support of senior Harris.
AS we go to press, the McGregol
will case is engaging the attention OF
the court.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

One of the most destructive fires in
the history of Cresco occurred Wednes-
day evening, when the Alliance Mer-
camille Associations large store build
ing together with the central Office and
building of the Northern Iowa Tela-
phone Company were totally destroyed.
together with all their contents. The
destruction was complete and nothing
remains but the iron covering of the tele-
phone building and cellar full of
bricks and smouldering debris.
About $3.50, employees of the store
discovered that there was fire in the
basement in the vicinity of the boiler
room and at this time the smoke was
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11
CONVICTED OF MINOR sosfENsE.
Crawford Indicted for Manslsughter
Convicted OF Assault ana Battery.

Judge Hobson convenei court Mon
day afternoon and a grand jury was
drawn which proceeded to business,
the court giving its attention the bal
ance of the day and all day Tuesday to
hearing motions and probate matters.
There was very little business up be-
fore the grand jury and they were dis
charged Tuesday afternoon.
Wednesday morning jury was
drawn to try the case of State VS.
Alfred Crawford, indicted for man
slaughter. The case. went to the jury
late in the afternoon and about eight
o'clock they returned i verdict as
above stated. Crawford vas held for
the death of Charles Brown which re-
suited from injuries received in an al
tercation between the two men last
July. Crawford was released on bail
and is employed in the electric light
plant.
The following matters were disposed
of as shown by the docket.
State Horton, continued by consent.
State Eide, bond to keep the peace
continued.
State James Boyd, indicted for as
sault with intent to inflict great bodily
injury upon Anna Gibbey. By consent
of Mr.. Reed, the prosecuting officer, q
plea of guilty of simple assault was ac-
cepted and defendent sentenced to
thirty days in Jail. The two other
indictments against the defendant were
dropped on recommendation of Mr..
Reed.
State Tom Gross, indicted for forg-
cry was arraigned and P. F. McHugt
appointed to defend him.
The Gross case was tried on Thurs.
day and a verdict of guilty rendered by
the jury.
State Roberts, held on complaint
of C. F. Robinson for obtaining money
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

so dense that no one could get to the
fire. so they commenced pouring water
down the register and summoned the
fire department which reported Immedi-
ately and worked necessarily from that
time on. Enough water was poured
in the cellar to drown any ordinary
fire. and not until about o'clock was
flame visible, when all at once the
north and south walls fell outward and
simultaneously with an explosive noise
which must have resulted from the igni-
ton of gases formed by the heat of the
fire. 1t is said that in the vicinity of
the fire was tank containing about
300 gallons of kerosene and quantity
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

lubricating and paint oils were kept in
the basement and it was probably the
burning of the oils which made such
quick work of the doomed building,
nearly all the walls having fallen
within 30 minutes after the building
burst into flames.
No effort was made to remove the
contents of the telephone Office until the
Alliance store had burst out in flames,
as it was supposed that the fire there
was under control AS result, but
little was taken out of the building
save their books and accounts.
Both the Alliance and the Telephone
Co., lose heavily as result of the fire.
The Alliance carries the building and
fixtures at $4,000. although its cost to
them was in excess of that figure.
Their stock, on basis of their last in
voice of $28, 900 and with the usual
large stock of winter and holiday goods,
will easily make loss on stock of
$35, 900. Their Insurance policies are
in the safe in the ruins, but the officers
are quite sure that the insurance is
$l2, 900 on building and 500, 900 on stock.
The telephone company carried but
81, 600 insurance, about one-third their
loss, as the switch board alone was
valued at $4,000.
The future of the Alliance store is
problematical. Wehave heard several
of the large stockholders express them
selves that they were in favor of not
rebuilding and of going out of business.
while others are in favor of rebuilding
and continuing the business. 1t will
take general meeting of the stock
holders to decide the question.
The Telephone Company has rented
part of the house occupied by Mrs. Nc
Herman and will secure secondhand
switch board for use until they rebuilC
and install an up-to-date equipment.
They expect to be able to resume serv-
ice in week or ten days.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11
A Hotel Change.

During the balance of the winter,
commencing Sunday, Dec. l3, will
run my hotel only as rooming house,
and will serve no meals after that date
C. F. ROBINSON.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

VIM. Burke of Elma, was Cresco
business visitor on Wednesday.
Mrs B. McAllister returned last
Monday from a visit with relatives at
Mechanicsville, Iowa.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11
AN EXCEEDINGLY DESTRUCTIVE FIRE

THE ALLIANCE STORE AND THE IOWA TELEPHONE
EXCHANGE SUFFER COMPLETE ANNIHILATION
Quick the Flames When Beyond Destroyed
Properties Partially Covered by Telephone Service
Will Be Resumed in a Few Days
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

Frank and Joe Prashek, two brothers,
were callers at this office Wednes-
day to arrange for regular Wis
it's of the Plain Dealer to their homes.
Frank resides in New Oregon twp. and
Joe near Protivin.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

For SALE-Hard or soft cord wood,
delivered, in quantities to suit.
MApcuATT
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

Remember our holiday stock gives
you newideas and supplies exactly what
you want. Edward T. Lomas.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-12-11

A. MARSHALL.
The Pacific commercial advertiser., 1908-10-31

Three Thousand During the
Single Month of
October.

Three thousand MONDAY lunches were
prepared and served at the Normal
School during the month Of October.
For several years past the department
of domestic science instruction in the
Normal School, as a part of its instruc-
tion in household economies, has served
MONDAY Iunehese to teachers and pupils
desiring them. These lunches are varied
from day to day. A lunch consisting
of bowl of soup and bread and butter
costs five cents. Additional courses are
charged an additional price All the
food is prepared by .he pupils under
the direction of the teachers as a part
of their instruction. This even includes
baking the bread used. The effort is
made to charge just sufficient to meet
the expenses Of the material and prep
aration of the food. Last year the
profit was about dollar and half
for the whole year
Instruction in this department is con
sidered one of the most practical fea,
lures of the school.
The Pacific commercial advertiser., 1908-10-31

elector has resided in his representative
district and in the Territory and that
such person Offering to vote was absent
from the Territory or by reason Of sick
ness unable to register during the last
preceding registration period. The
aforesaid afidavits shall be subscribed
and sworn to before a member Of the
Board of Registration.
eff it shall appear from said afida-
wits and be manifest to the Board of
Registration that said eleetor desiring
to vote has failed to register because OF
sickness or absence from the Tertory as
aforesaid, such board shall Immediately
remedy such failure to register by add
ing the name of such eleetor to the
register voters, and if a copy Of the
register has been sent to the election
precinct in which said elector is entitled
to vote, shall Immediately in writing,
order the inspectors If election Of such
precinct to correct such copy Of the reg
ister by adding the name of such elee-
tor. Such order shall set forth the rea-
sons for the actions directed to be
taken, and shall be retained and fled
by the inspectors of election as a part
Of the records of the election. -
The Pacific commercial advertiser., 1908-10-31
MARINE
HONGKONG LOSES AN
ANCHOR OFF CHANNEL

Messrs. Howe and Lehners, U. s. In
Ispeetors Of Steam Vessels, who have
just been established here permanently,
made their first real official inspection
yesterday when they went over the
Toyo Kisen Kaisha liner Hongkong
Maru, in order to take eognizance of
the fact that she was one anchor shy
when she came into port yesterday
morning. During the night previous
the Hongkong Maru came up to the
outer anchorage and anchored. When
the order was given to raise the anchor
yesterday morning, the winch gave
way, shivered and broke into pieces,
and as there was nothing to hold the
anchor, the captain gave orders to buoy
it and let it go. This was done and
the huge hook lies outside and viii not
be picked up till the vessel returns from
San Francisco Then the government
inspectors were called aboard They
looked over the life saving parapherna-
liza, and equipment generally and were
satisfied with the conditions. As to the
anchor that is considered as having
been lost at sea, and all things else
being IN good shape, certificate will
be given the Hongkong Maru to con-
time her cruise.
The Hongkong Maru sent a wireless
late Thursday night that she would be
off port about midnight, but as that was
three hours after 9 clock, the latest
hour the quarantine officials will go
outside to inspect a vessel, she had to
remain outside until morning. As the
ship has about 900 tons of freight and
was late in starting % unload, the hour
of departure was finally posted at 5
0 clock this morning.
The vessel carries but eleven passen-
gers, none stopping off at this port.
Among them were w. W. McIvor, for
merly consul general at Yokohama, who
is en- route to Washington. He is ac-
eompanied by his two daughters. Dur
ing his stay here he was entertained
by James Wilder. Mr. Burns, of the
firm of Burns, Philip s. Co., of Austria
liza, is aboard.
While at Yokohama the officers and
saw the grand naval speeta-
lie of the American and japanese com
bined fleets. They say the entertain
nents for the American officers and
sailors were on a lavish scale.
Purser Roberts is proud of the
achievements of the new T. K. Z. liner
Thiyo Maru, sistership of the Tepyo
Maru. At the doekyard trials recently
held, with ordinary coal and ordinary
crews down below, the vessel made the
following official records:
The Pacific commercial advertiser., 1908-10-31
SICK OR ABSENT VOTERS
MAY NOW REGISTER

The Board of Registration viii hold
a session on Monday in the Capitol
from 9 until II clock in the morning
and from l until 4 clock in the after
noon in order that those voters who are
qualified but who were out of the Ter
ritory or sick at the time of the former
sessions of the board may get their
names among the voters. The board
will also, be in session from the time
Of opening the polls until the closing
hour on election day to correct errors
in names or precincts or register other
voters. The section Of the election law
under which this is done was added
to the law during the last session or
the Legislature and reads as follows:
81 No qualified elector shall be dis
qualified from voting by reason of his
failure to register, if such failure be
caused by sickness or absence from the
Territory during the last preceding reg
istration period provided that he shall
make and present to the Board of Reg
istration not later than the day pTeeed.
ing any election an affidavit in writing
showing that his failure to register was
caused by such sickness or absence, and
shall also set forth in said affidavit
his place of residence and the facts nee
essary to show'that he is a qualified voter
in said precinct, and shall prove before
said board by affidavit of two qualified
electors of the precinct in which he
offers to vote that he is a qualified
elector of the Territory and of the said
precinct, stating the length of time said
The Pacific commercial advertiser., 1908-10-31
MovEMENrs or sHrpPrNa.

ALICE COOKE. seh., PenhalIow. ar
Hoquiam from S. F.. Sept. 26.
ARIZ0NAN, A Am. S. S., Tapley, from
Salina Cruz for S. f., Oct. IS.
| ALAMEDA, o. s. S. Dowden. from
Hon. for S. F. Oct. IS.
ALASKAN, All. S. s., ar. S. F. from
Hilo, Sept. "a.
ALESIA, Ger. s. s., Arnst, ar. Hong
kong from Portland, Sept. %.
| ALEXANDER ISENBERG. Ger. 3d..
ar. Portland from Hon, Oct. s.
AMY TURNER, Am. bk., WarIand.
ar. s. F. from Hon, July f.
ASTRAL, Am. sp., Dunham, from Bal
timore for S. f., Sept. 80.
ATLAS, Am. sp., from n. Y. for Yoko-
hama, Oct. f.
ALBERT, Am. bk., from Port Gamble
for Hawaii, Oct. 80.
ASIA, PM. S. S, from Yokohama for
Hon. Oct. 2S.
AMERICA MARU, T. K. K. S. s.,
from Hon. for Yokohama Oct. 26.
ANNIE E. SMALE, Am. schr., ar. AS
toria from MakaweH, Aug. %.
ANNIE JOHNSON, Am blk, ar. S. f.
from Hilo, Sept. 2.
ANDREW WEIGH, Am. bk.. ar. S. T.
from Hon, Oct. T.
AORANGI, Br. s. s. Phillips, ar. Van
eouver from Hon., Oct. "a.
ALICE MCDONALD, Am schr., ar. s.
F. from Ahukini, Oct. Z.
ARABIA, Ger. s. s., Neumann. from
Hon. for s. f., Oct. 30
BANGOR, Am. schF., from Hon. for
Port Townsend, Oct 80.
BOREALTS, Am. schr., from Everett
for Guaymas, Sept. 10.
BUFORD, Z. S. A. T., from Manila
for Hon, Oct. A.
BUCRANIA, Br. S. s., ar. Portland
from Hon, Aug. l.
CRESCENT, Am. schr., ar. Port Town
send from Makaweli, Sept. 19
CARRADALE, Br. sp., ar. Victoria
from Hon, Oct. 2.
c. a. THAYER, Am. schr., from Hon.
for Grays Harbor. Sept. %.
CHINA. P. N. s. s, ar s. F. from
Hon. Oct 23.
Am bkt., Potter, ar s F. |
from Hon. (in distressJ via Santa |
Cruz, Aug. 20.
All. 8. s, Colcord, !
ar. Salina Cruz from Hilo, Oct a.
Fr. s. s, ar. Yoko- /
hama from Hiogo, Sept. 8.
Br. s. S, ar, Comax from
Hon, Aug. IA.
Z. s. a. T., ar Manila from
The Pacific commercial advertiser., 1908-10-31
Shipping Notes.

The Pacific Mail liner Siberia is due
here Monday morning from San Fran
cisco with several days mail.
The next steamer of the Matson line
to arrive from San Francisco will
bring additional fortifcation material
for the Pearl Harbor works.
The next American Hawaiian steam
ship from the Coast for Honolulu is
the Texan, leaving Seattle on Novem-
Der ]. and San Francisco November Z.
The steamer Maui. from Kona and
Maui ports, yesterday brought 7141
bags of sugar, 1916 bags coffee, A
bags taro, 40 head cattle, 76 hogs and
large CONSIGNMENT Of Eenltrv.