davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1912-12-21
The Safest Investments
80 18th street Northwest.

that the house Of issue does no guarantee
the facts To be true. but has taken them
from the best possible source II infOr-
nation.
In this country again tie names OF
banks are very commonly used 10 derive
credit rhcrvfrom. \ hank is hired to
be trustee under = mortgage or to b
r registrar Of stock. and the name Of the
bank becomes very prominent feature
in the prospectus. This Is particularly
so in the lower grades Of securities and
the writer has had dozens OF cases in
which innocent stockholders Of mining
companies and industrial concerns hava
bought. on the strength of the nama
Of some wcll-kuOwn trust company whose
sole and real connection with the concern
was the earning OF a small fee as reg
istrar or trustee. This is a rule that
might very VII bC enacted into law in
the United States as well as in France.
rs matter OF fact. In the long run
tho regulations governing the issuing OF
new securities must be more stringent
tn, public i tired Of being dcfrauded.
II Is fairly well SafegUarded now in tho
Ease Of securities that are issued in such
4 form and such a manner as TO comply
with the rules Of the listing COMMITTEES
of the stock exchange; but there are hun
dreds Of issues that arc not made in
such a way. some OF the fairly respecta-
BILE literature published during the cur
rent year in connection with the financing
Of various concerns has been questionable
to say the least. 1t is time that the state
legislatures of the Eastern States began
to pay some attention to this matter OF
more than passing interest
The Washington herald., 1912-12-21
LOCAL FINANCIAL GOSSIP.

Wall Street gave an interesting exhl-
Ii,i,,, Of . bottIa batUeen +be army. of
.r-t...z ~, ,,,,I,. so,;,,,,.-,l t,,.
. anu d 81 Vi ~
INC eAcelient wItIleSS "I 10 dPpedreu oeIore
'he money P,ooeIs On eSuay III inc
i'ISoh oI . .tII U POI, -'toI 50 Il, " moss dit-
Doti anu nv
,'a,'.,, c.,,,,, ,,LsI o'-S ~
$50 ~ 49, '0''' '-0' - '''7 -
VI
~ b,,,,s We nj Gio m% ,ho rnn
The Washington herald., 1912-12-21
WEEKLY REVIEW OF TRADE
Retailers Doing Immense Pre-hoIday Business While
Wholesalers and Manufacturers Shop SIacken-
ing-IHduStriaL Operations Continue Active
Ne1p Business Suffers SHehtv

New York, Dec, Or. C. Dun's Re
view OF Trade tomorrow will say:
Retail trade, especially of a holiday
character. is on an immense scale, but
wholesale distribution and industrial
output show some letting up in volume
Of transactions. a development quite
usual at this season of the year, when
annual settlements and accountings are
approaching. Willie there is this de-
crease in activity, it is not Of large
amount. As a matter of fact the move
mcut of trade continues to make an i'm
posing total.
This fact is reflected in the great
bank Clearings. which show a gain of
1913 per cent over last year and of lG.9
per cent over 1910 Railroad gross earn
ings in the first week Of December made
a gain OF &c per cent. one OF the great
coal roads has increased it's rate Of
dividend, and January interest and divi-
dend Disbursements of railroad and in
dustrial corporations will, it is esti-
mated, make a record-brealling total
showing a gain of more than $1,000. 900
over last year. The fact is that the
country is carrying over into the new
year a greatly enhanced buying power
due chiefly to the big crops. both the
output and the value of the leading
products of the soil reaching unprec-
edented figures this year. As against
the confidence thus inspired the political
developments abroad serve to cause
some uncertainty. The dry goods mar
kets are seasOnably quiet, but very
firm, and conditions are notably sound.
New business suffered some decline in
the iron and steel trade, but production
nevertheless generally tests the capacity
of the mills, and there is a continuance
Of the remarkable railroad demand for
rails and other supplies. There is also
less activity in the shoe market, but
without materially diminishing the out
put. Leather is quiet and hides continue
weak"
The Washington herald., 1912-12-21

New York, Dec. 2O-Bradstreet's TO-
morrow will say:
Trade in the larger lines probahIv will
be the pre-boIiday characteristic which
implies that statesmen are cominr, off tho
Iodu' ana mat inventoring is the rule
however holiday trade was surged to the
'front.' and the turnover in that resnect is
Of exceptionally heavy proportions s,,-o
at few Southern points. In tho su-p1us
crop producing regions buyinp for ,,if.
making purposes appears TO be of raco-d
volume. conspicuous feature connocto,I
with holiday trade is that iobhars 100,
iinue to report good sales for int o.
count On the other hand, distributiyo
tFdue IN seasonable wearing appaneI ex-
cept at Northwestern centers. has hon
retarded by open weather, the lines min
rubbers. anu
IurNeNors OF wood products say hesi-
fancy Is feature in some Quarters and
that buyers are not disposed 70 oTor 80
unless they are protected against nrico
changes that may result from tariff ra-
vision. industrial operations continue vorI
actlVe and while the finished steel Jndns-
try generally tends to become ouiot az
thls time of the year railway buvjpe, ~
rails and cars is so heavy as to present
striking contrasts to the usual rulc Wool
Is quiet, but considering the season. bus
mess is relatively large, which fact sug-
Gests slight timidity regarding tariff re-
VISIONS. Wholesale dealers are purcbas-
ing conserVaavely on future account.
Hardware and lumber continue active FOR
the se-son. Leather is stron, in -,
but the nearby market for hides Is some.
what easier than heretofore. In tbe DRY
goods market calls for white goods s,1ita-
Die for January sales make I'D a good
volume
Business failures for the week ended
December 10 were so, against 81 last
week. and 2S a year ago."
The Washington herald., 1912-12-21
WASHINGTON STOCK MARKET.

CITY and Suburban RaiIruad = S. coo at 1904
SIOD at IG5'-; 100 at lCgls. 500 at lU5iz, &CC
lg3ls 81 90 at lG54.
Washington Gas = at ST. 5 at s4E : al So
. at s4I4 3 at ST. : at So = at So 5 s4l3
> at So. = at 81 3 a; slr5 > at sI3. > al 81.
MergeuthaleT, } at ~.
After call:
MerG.nthalcr ] az III.
SeCDDl National Bank. 10 at lB.
Washington Railway y Electric I-eferred Al 81.
Washington Gas. ! at =.
Washington Railway 4 Electric common. 3 a.
So, = at 81 = az So.
GOV Err NMENT BONDS
The Washington herald., 1912-12-21
HIGHER PRICE FOR
GEORGETOWN GAS
Company Raises Rate from S5 Cents
to 81 to Take Effect
January l.
HIGHER PRODUCTION
COST is THE CAUSE
Action May Hasten Public Utilities
Legislation for the
District.


ton understand that the Washington Gas
Company could supply the entire District
in the event of a consolidation, which
the Georgetown Gas interests have been
trying to bring about through the sale
of their holdings to the former at price
that the directors of the Washington Gas
Company have considered, but refused
$50 a share, although a lower figure was
submitted to them recently
Say Raise Is Necessary.
Officials Of the Georgetown gas cor
poration refuse to discuss the matter
further than that it was a case Of neces-
sitv on the part of the directors of the
smaller corporation. in the interest OF
making both ends meet, paying interest
on bonds, running expenses, and the 800
a year dividend per share.
THE increase in the price OF gas IN
Georgetown will probably be an added
incentive to early action on the part of
Congress in yielding to the demands OF
the President. the press, the pulpit, and
the people for the passage OF q law Gre
ating a local utilities commission said
one Of the directors of the Georgetown
Company. who is also director OF the
Washington Gas Company.
Financial interests generally recognize
the necessity for such action, not only in
the case i'll question, but IN the matter
Of other utilities. and especially in giving
confidence and assurance that the Wash
ingtOn Utilities Company shall be under
commission espionage.
That the Washington Gas Company
could easily Join its mains to the George
town Gas Company's mains and furnish
gas 10 the entire District without further
increase in equipment has been repeat
cdIy stated by the officials OF that cor
poratiOn. Indeed, they have furnished
gas to the company in the past.
The conten ton is made by local Sc
curity interests that there should be but
one gas company: that two naturally
make for increased cost.
The Washington herald., 1912-12-21
NEW ORLEANS COTTON.
NEW YORK MONEY.

New York. Dec. 3.-CalI money opened u Der
cent; high. per cent: low. * per cent renewals,
"a per cent CLOSED "a per cent; ruling rate ~ Der
cent
Time money market remains unchanged with
business dull and fcaturClcsS Rates are Let cent
Iur sixty aud uiucg dayA .ss6 pE cont for tuur
The Washington herald., 1912-12-21

months, and JIzaJ+s for FIVE and siI months.
Commercial PAPER IS quiet and unchanged At &
per cent for the lest names. London discounts.
per cent undlnngrd Paris discounts. y. per cent
unchanged; Berlin discounts. Ecr cent unchanged.
The Washington herald., 1912-12-21

THURSDAYS DECLINES.
AtIanIc Coast. .2IE d., l.. q W. IL
The Washington herald., 1912-12-21

Securities OF Continental Can Company
appeared on the curb to-day for the first
time, common being quoted 52k to 5SI9,
while preferred sold at 100.
The Washington herald., 1912-12-21
COTTON STATISTICS,

Furnished by n. L. Carpenter & Co.
Receipts. MiddIinrs.
The Washington herald., 1912-12-21

Mr.. Morgan's testimony on the stand
Thursday must be most gratifying to all
Wall Street interests.
The Washington herald., 1912-12-21

Total sales. 5i2ij shares. against E33.7U5 yester
ay. 81 ,ljO a week ago. and 1890 year ago.
The Washington herald., 1912-12-21

Apparently the story that the Copper
people were going to be investigated is
purely a rumOr, because the action Of
Shelters going up 4 points yesterday
shows either that they don't care or that
there is nothing in the story.
The Washington herald., 1912-12-21

Purpose of California Railway and
Power Company, with s6O.000,eOo capital,
formally Incorporated at Wilmington
Del, to take over United Railroads Of
San Francisco. Sierra, and san Fran
cisco Power Company. Coast Valleys Gas
and Electric Company, and San Fran
cisco Electric Railways. Capitalization
divided into 5000 shares prior preference
stock, 10000 shares preferred stock and
$4,000 shares common stock, all par value
SIG0.
The Washington herald., 1912-12-21

Reports from insiders say Can pool
interests are again on their feet and will
put the stock higher
Large quantities of stop loss orders are
reported by specialists for short account
above the ruling level
The Washington herald., 1912-12-21

J. W. Hartman says: There is a
stubborn short interest of large proper.
tons outstanding and 1t seems to be
locked in, more or less Market Is
creeping up and sentiment is, for the
time being, changing. The Morgan ties.
timony has been favorably looked upon
and is considered to be the last word
by an expert in the inquiry; all follow.
ing will not have as much attention
Should not be surprised to see a SHARP
bulge before week ends
The Washington herald., 1912-12-21

The directors of the Tennessee Cope
Company at their meeting YESTERDAY
took no action on the dividend matter
The meeting was adjourned until tn,
next regular meeting OF the board
which will be held on January ., anc
at which time dividend action will b,
taken. 1t is generally expected that Z
dividend of $3.50 u share will be declar
ed, payable in January.
The Washington herald., 1912-12-21

Ginning by States follows: Alabama,
l.-2Za.S56 Arkansas. 7O0,SIi; Florida, 50, S.:
Georgia, l,666.S9S; Louisiana, S64.lI3; Missis-
sippi' 1882; North Carolina. $50, 249; Okla
Eoma, 9i,3f; South Carolina, Il@7 $50;
Tennessee, 23l,3i1; Texas, 4.37O5iO. All
other States, 1880. .
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
SlEREOTYPERS BACK At WORK
TERNATI Al PRESIDENT
TAKES CHARGE OF STRIKE.
Sale Of Newspapers Now Nearly Nor
maI.-Boys Are Still
Guarded.

Chicago, May S.-Chicago's newspa'
per strike is broken and crumbllng.
The stereotypers are ordered back.
which will leave only the pressmen.
who violated their contract, to conduct
the battle, which is now thoroughly
handled by the police. James ]. Freel,
president of the International Stereo'
typers' union, has arrived in the city,
and asked the Publishers association
for "a hours time in which to get his
members back into line, and this was
granted.
The stereotypers violated their con-
tract, signed few days previously.
when they Joined the pressmen, with
out any grievance whatever OF their
own. President Freel wired them
from Newark, N. j., ordering them
to return to work. but it is claimed
that the kilograms were mislaid.
Freel then FASTENED to Chicago to take
personal charge of the situation. In
the event the local does not return
to work, the charter will be annulled,
and a new local formed, which will
supply all the papers with competent
stereotypers.
The pressmen, stereotypers, and
striking wagon drivers have been try.
ing for two days to call mass meet
ing of all the allied unions on the
newspapers, to take action in the fight.
but have been unable to interest the
typographical and other unions, which
are observing their contracts to the
letter.
The sale of papers goes on almost as
usual at nearly all points, except that
the newsboys were guarded by police.
men.
Newsboys started spectacular
blaze of thousands of afternoon papers
at LaSalle and Madison streets. A
crowd of several hundred people
stampeded when the burning papers
were blown down the streets. Police
made several arrests.
Strikers Congest Traffic.
Congestion of traffic at the railroad
freight houses was greater than on
the first day OF the freight handlers
strike. Negotiations between the
agents of the several eastern railroads
and local committees of their EN-.
ployes were held, but they did not re-
suit in any settlement. although the
strike leaders said they believed q
settlement would be reached soon.
Committees representing the freight
handlers III other cities where the men
are organized are in Chicago await
! ing DEVELOPMENTS and are ready to
call out their men should it appear ad-
visable.
Patrick Cleary, freight handler. at.
tempted to kill himself by cutting his
throat. He was taken to hospital
where it was said he would die. He
left note in which he said he was
Respondent because of the strike.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
To TEST IOWA SOIL
Government Experts to Determine
How to Benefit Corn Crop
OF GREAT VALUE TO STATE
Department Of Agriculture VIII Assist
In Discovering What Element
Is Necessary That Is Now
Lacking In Iowa Soil.

Des Misunderstanding Wilson, OF
the department of agriculture, has Is
sued authority for soil survey co"
ering such portions OF the northeast
ern part of the state as have not yet
received the benefit of such investiga'
ton. The survey will be made by
chemists of the agricultural depart
ment, but Prof. Curtis has offered
and will no doubt be invited to give
tho cooperation of the Iowa Expert
mental station.
Investigations have led him to the
conclusion that the long continued
cultivation of wheat, corn, oats and
timothy has caused considerable de
pletion of important soil elements, no
tably of phosphoric acid, and IN
lesser degree of potash, and that II
nothing Is done to conserve and re
store these elements, the time is
not SO far distant as some OF us may
Imagine when the productivity Of
Iowa will greatly decline.
In recent years the Iowa farmer, by
careful methods and by studied rota
ton, has retarded soil exhaustion
but comparison of the average prod
ucts Of the state Of Iowa for the last
decade with those of Illinois or Ohio
will be disappointment to those
who pride themselves on the fertility
Of Iowa soils.
It is difficult to produce net reve
nue that will pay a reasonable return
on the investment now required in
purchasing Iowa farm land. Particu
lar attention has been paid to seed
selection and to other minor details
Of corn production. but the more i'm
portant one of an examination OF tho
plant elements has been neglected.
The usual proportion of sterile
corn and the consequent discussion
which is now exciting such general
Interest in the state, particularly the
discussion as to the collection and
care of seed corn, may not entirely
explain the lack of strength in germ
nation. Phosphoric acid must be
supplied in abundance to ripen all
grain, and it is barely possible tina,
we may afford some solution to the
present problem If We delve more
closely into the proposition of well
balanced food ration for the soil.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Once Assessed Must Stand.

After q person has voluntarily per
mitted an assessment to be made on
his bank stock in accordance with
the provisions of certain statute, he
cannot rightfully bring action for q
cancellation of the assessment after
the law has been declared invalid,
according to the stand Judge G. A
Robbins, special counsel in the attor
ney generals office, has taken fol
the state in a case that is to be car
ried through the supreme court,
On the outcome of the suit at bal
depends the disposition of thousands
of dollars of the 1910 tax now in the
hands of county treasurers. Many
suits have been filed similar to the
one in which George Cosson, attor,
ney general, has interviewed, and in
some instances the assessments have
been cancelled, and in other cases
the taxes refunded.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Iowa Potato Crop.

1t is a surprising fact that instead
Of growing more potatoes each year
the Iowa potato crop is decreasing.
says Professor Bliss, Of Ames college
Iowa is not producing as many
"spuds'' now as she did six years
ago. The state IL not raising enough
for its own needs, but is forced to i'm
port from other states. This is not
as 1t should be. Iowa has the great
est area of fertile land for corn and
potato growing in the country. But
Iowa has never taken proper care OF
her potato crops. Hence she yields
S2.3 bushels to the acre, whereas
Maine yields 1S9. The Iowa farmer
realizes $41.04 per acre and the
Maine farmer $102.63
1t is possible, however, for Iowa to
lead Maine, says Professor Bliss
The grower must devote more time
to drainage, secure better seed
spray his vines and cultivate his
fields. Then he will reap his re-
wards.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
St. Paul Autoist Stricken.

Cannon Falls, Mimi, May s. Chas.
Rice, a travelling salesman living at
Hamline, Mimi, died suddenly while he
was driving an automobile into Can
non Falls. Heart failure was the
cause of his death. Mrs. Rice was in
the machine when her husband passed
away. She first noticed that he had
lost control of the machine which ran
into a telephone pole. Neither occu'
pant was injured in the crash. The
shock was too great for Mr.. Rice's
heart, aud when the machine stopped
It was found that he had died.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
GREATEST MEDICINE ON EARTH

A prominent citizen OF Evansville.
Ind, writes ~ was i'll for five
months with a pulmonary trouble, and
had the best of doctors. had hemor-
rhages and was in very bad way.
Through the advice of friend / tried
Vinol, and feel that it saved my life.
1t is all you recommend it to be. l
believe it is the greatest medicine on
earth. l have advised others to try
Vinol, and they have had the same
results" Name furnished on re-
Quest)
We want every one in this vicinity
who is troubled with chronic colds.
coughs, or pulmonary troubles, to
come and get a bottle Of Vinol.
II it does not go to the seat of trou-
BILE, heal the Inflammation and stop
the cough. we will cheerfully return
every cent paid US for it. This shows
our faith, and proves that you take
10 chances.
P. A. Clemmer, druggist, Cresco, Ia
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
WHY DON'T THEY,

"Why is this barley 50 a bushel
while that over there is but 65 cents?"
asked a young lady at grain show
last fall.
well, you sec this is seed barley.
well, then. why don't they all
grow seed barley and nothing else?"
"Why don't they7 Well-er-oh!"
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Ruling Upon 2 Per Cent Law.

The attorney general has ruled that
per cent vote on the head of the
constitutes political party under
the primary election laws of Iowa
The ruling was the result OF a ques
ton raised in Dallas county. A so
cialist there wished to be a candidate
and the authorities were not sure
that he had a right to be because the
socialists failed to cast per cent Of
the vote on the head of the ticket in
Dallas county at the last general
election.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
New Warship for Sweden.

Stockholm, May S.-Sweden is to
have warship paid for by popular
subscription. A delegation represent
ing the organizers Of the movement
was received by King Gustav and
turned over to the Swedish govern
ment 1881 500.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
New Pensions Granted ,owans.

Pensions have been granted to the
following Iowans: Edward Stevens
Abel, SIS; Harvey L. Way. Albion
$40; John w. Remine, Colfax, Sis;
Lucy F. Heady, Floris. s12; Jerusfa
A. Chapman, Grand River, $12; vii
liam Refiffer, Maquoketa, SIS: Seth
B. Meyer, Mason City, SIS; Edward
P. Crane, Monroe, SIS; Mary &
Wright, Sioux City, s12; Florence
Stevens, $12.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
BARLEY eEED ADVICE.

II you think at any time that you
are not getting the seed which you
pay for, all you have to do is to send
a sample Of 1t to your state agricuI-
turist and he will tell you what you
have bought and how strong 1t viii
grow.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Will Of W. o. Douglas Divides ss,5oo.7

Minneapolis, May s.-The will of
the late Walter D. Douglas, who lost
his life in the sinking. of the liner
Titanic, was filed in probate court
by Cobb & Wheelwright, attorneys.
1t was estimated that the estate was
valued at $3,500,O00.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Sprains.

Hot applications kept up for several
hours, followed by pressure bandage,
alternating this treatment for from
two to four days. Then passive mo-
tion and massage as soon as inflam.
nation subsides.-Woman's World.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Few Cases For Jurlsts.

The supreme court, when 1t meets
Tuesday. May 7th, will have 1866
cases to hear. This is an unusually
small number of cases for one period.
OF the cases to be heard, nearly one.
seventh, or twenty-five, are petitions
for re-hearng. There are no cases
Of great Importance to the state at
large and none which involve the
much complicated liquor laws OF
Iowa.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Aliens Wore Bullet Proof Protection

Wytheville, Va, May S.-Further
evidence that Floyd Allen wore bullet
proof protection in the Hillsville court
when the shooting up of the court
took place March IA, was brought out
during the trial of Allep.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Veterans Plan Reunion,

All survivors of the civil war, who
enlisted in Iowa, will be called to
monster reunion to celebrate the
semi-centennial celebration of the
war in Des Moines in June, 1913.
Plans to this end are being made BY
Kinsman and Croker posts, Grand
Army of the Republic. In connection
with the reunion the annual encamp.
ment of the Iowa G. A. r. will be held
here. The encampment this year IL
to be held in Mason City.
Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1912-05-14
Have You Noticed II?

MY friend the stenographer says,
when an unmarried girl OF about 26
or 27 has birthday, all her relatives
and married . friends come to con.
graduate her, but in reality it isn't
congratulations; it's coincidence"