davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1913-10-18


solidated IS go H.
Income Tax.
The Commissioner Of Internal Revenue
has put up the income tax law to the
Department of Justice for Interpretation
Of the important features. after which
he will issue a pamphlet Of instruction
and regulations TO the banking fraternity
and to corporations.
The income tax is going to be one OF
the things that bankers, corporations.
fiscal agents, real estate agents. and
practically every business man must un-
derstand, In It's direct relations. for there
are penalties. and ignorance Of the, law
Is no excuse.
Unquestionably there will be shifting
of investments. European holders Of
American bonds are more than likely to
unload and make Canadian investments,
where they can avoid the American tax
And aIter the tax Is due per cent
penalty is added and thereafter per
cent a month.
Returns to collectors must show capital
stock. bonded and other Indebtedness.
gross income. necessary expenses, all
losses. interest paid on bonded indebted
ness. taxes, and finally net income.
Collectors must be astute and secre-
tive or pay 1900 or Imprisonment or
both; returns are to be made under oath.
when SO required.
The additional help to be installed by
the Commissioner in carrying out the
provisions OF this law, should make place
for hundreds OF loyal followers. ~except
that the salary Is not very inviting.
The Washington herald., 1913-10-18
The Safest investments

he had bought these securities would
have been the only proof that could have
been brought forward that he owned
them. So far as his records showed. he
did not even keep careful account OF
the numbers on the face Of the bonds. so
that he would not even have been able
to notify the banks or trust companies
through whom the coupons would natur-
ally be collected that he had lost such
and such a bond. All he would have
been able to say was that he has lost
bond of that particular ISSUE
1t would, OF course. be pure guesswork
to attempt to figure how many negotiable
securities are lost in this world every
year. The amount in the aggregate Is
probably not very large Once in a
while when some old outstanding mort
gage bond is called for payment or
falls due and is paid OF, one discovers
that some Of the bonds never came IN.
In the case OF public utility bond on
which interest ceased some years ago
and which has been paid OF at q
premium. there remains outstanding
about sao.0oe out Of total par value OF
t1.ooo.Ooo II you examine an itemiz-
ed balance sheet Of any Of the big rail-
road systems. you win find In most
cases a small item among liabilities
that consists Of interest set aside in past
years to pay coupons which have never
been presented for payment. Attempts
to trace the particular bonds to which
these coupons are attached are very sell
dom successful, and the railroad people
figure as a rule that these bonds have
been lost destroyed by fire. or otherwise
wiped out. Once in a long time. or
course, they turn up bearing coupons
running back for many years. There Is
case on record of bond OF small
railroad in New York State, which finally
turned up at headquarters after IL had
been outstanding for nearly thirty years
and bearing all the coupons that were at
tached to II when II was issued IL had
been hidden in a trunk in an attic for
nearly thirty years
OF course. In these more modern days
almost everybody who becomes an M
vestor learns first OF all how 70 keep M
securities safe. He knows thar hs
should not take a si.ooo bond. payable to
bearer, and conceal IL in a pantry shelf.
He knows that he either ought to keep
IL In a safe deposit box, deposit II with
his own bank, and get a receipt for II.
turn Il over to some one who has safe
deposit box and who win keep II for him.
or leave 1t IN the hands OF his bankers
or brokers for the collection OF coupons
and for safe keeping. He knows that he
ought to handle II. in fact. just as II II
were so much money. Modern people In
modern days do not keep large sums OF
money around the house where thieves
may find 1t. or where II may be swept
away in a fire or any other sort OF q
catastrophe Neither do they keep bonds,
nor even stocks. although stocks ars
registered In the name of the holder
on the books Of the company and can Be
replaced without very much trouble, II
destroyed or lost.
The Washington herald., 1913-10-18
EASY WAY TO LOSE A FORTUNE.

CCoryright. la3, By @. N. Keys. New York.)
When the San Francisco police were
called in to a shabby-looking house in
that city a couple of weeks ago they
found a seedy-looking lodger. called Ed
ward Mcdonald. in an unconscious con-
dition. All the money that he had in his
pockets was a nickel. Under the usual
close examination, however. the police
discovered sewed in the lining of his coat
an extraordinary collection OF securities.
They were all In negotiable form II IL
had been that some Of his acknowledges,
instead OF the police. had come to his
help and had found these securities. all
of them could have been sold or other
wise hypothecated and he would have
had no recourse except the rather feeble
to help catch the man who took his
papers away and punish him. The total
value Of the securities which he was
carrying about with him. II the news
paper report is correct. was about
si.Z70,ooo
or course, one would hardly vouch for
the absolute correctness Of the story with
out having seen the securities IN ques-
tIon and appraised them by proper meth
DDS Yet the story serves pretty well to
illustrate the careless and haphazard way
in which SO many thousands Of people
look after valuable negotiable papers.
The head Of the burglary department Of
big company in New York told the
writer recently that in one day his COM
pany had had two cases in which trunks
belonging to insured people had been
rified in uptown apartments in New York.
and in which, among other things that
were lost. there were negotiable bonds.
A burglary policy does not. of course.
cover securities kept in that way, and
the best that these people could do was
to file a description of the bonds, with
their numbers, in the trust company
which pays the coupons. and trust that
the thief or thieves will be traced in
that way if they ever present these cou-
pons for payment.
A retired minister out In the country
left a win disposing of about $4,000
worth of bonds. The will itself was
found in a tin box in a wooden closet.
no clew as to where the others were
After a search lasting nearly a week
all OF them were discovered. They were
quite artfully concealed here. there, and
throughout the house. Two
Of them were between the pages Of big
books in the library and were discot.
cred only when the books were being
busted and packed into boxes for ship
ment. There seemed TO be no record any
where among his papers disclosing the
hiding place OF these various securities
and he apparently relied upon his own
memory to be able to find them when
ever he wanted them to cut on coupons
or any other purpose
A fire in that house would have swept
away practically the whole Of this little
fortune. Recovery OF the loss might have
been possible in some instances. but Z
would have been exceedingly difficult u
prove any loss because no other member
Of the family actually knew that he
owned any Of the bonds listed In his win.
and even II he himself had beer living
his own unsupported word and the wor
of the brokers from whom in past years
The Washington herald., 1913-10-18
WASHINGTON PRODUCE.

The dressed poultry market Yesterday passed un,
changed.
A slishtly better market prerailed yesterday fos
fruits and vegetables than the preceiing day. Plenty
Of ordinsry goods appeared
The mpply Of poor New York celery vas hsavJ
and the quotations unchanged. but choice goods
met . stronger figure. Choice spples were very
strong Grimes Golden selling At 20 for crate
Of eighty and 600 per barrel The ordinary apples.
however. commanded only MARKET prizes. Grape
fruit commAnded good figures. as the supply Il
not yet very heavy.
a good supply Of native vegetables was on ths
market. The general quotations remained steady
throughout the day.
No change resulted on the other goods q tai,
line yesterday.
s5ss s q @'iss ass. 70 iSs sod. as ssdssss; and nd
quotations remained steady.
tLarse iots only are quoted below. Jobbez' prices
are hisher.l
EGds-sear-bs ants. psr doz.. ssA,o: southern.
D.
LARD-Tub. pa.e. d. lzslzz; d.. sannsa. "a
The Washington herald., 1913-10-18
NEW YORK PRODUCE.

New York. Oct r.-MfLLFEED-Duil and weak.
Spring bran. in ioolb sacks. E.lo: standard mid
ding ESQ; Western red dog, 3o5o; winter wheat,
In ioo-lb sacks. to arrive $50: city bran. In bulk
go; Argentine bran. to arrive. 300.
RYE FLOUR-Easy: tracing is lifeiess. Coed 70
choice. at S.fsailo i'd bzrres.
C0RNMEAL-Wesk; trade Is dull. Kilndried,
for export, 3e5; coarse meal, in bagss-i5alsa 81
BUCKwHEAT FJ0UR-DuIl but steady. a. SIP
plies limited. Choice quoted at 40 per 100 Lbs.
HAY-Receipts. 81 tons: firm; business y fair.
Quotations: No. timothy. Llc; standard. if5: Nc.
2 s5alooS No. j. sz0.
STRAw-Receipts. 20 tons; steady; trade Is
quiet; long rye quoted at &aloo
P0Rk-Steady; moderate dealings. Mess, 21sSa
fi.Z5; family, 250oazz 90; clear Deoa21.n
BEEF-Steady: transactions are inactive. PACKET.
l9Ooaeoo: family. 3.ooa12oo
LARD-Eaxy; moderate trading. Prime Western,
Ds5; refined continent. uL2s: South American. 100:
refined BRAZILIAN, In kegs, 100; beef stesrine. 3
asked. lard s4earine dt,f.. Ner York 70
The Washington herald., 1913-10-18

rsir .. do. ola. PER pair. .; Eulnea fowl. Cd.
esch, %: do, young. I n and oEu. %: do:'
young. smaller. each. sosfs; tnhess. 5ounr, 10, -
do. ol1. Per H.. n.
Eges-Nlryland, Pennsylvania and nezrby frsss.
los on, per doz, =; Western hrt4 los od. pG
dozen. p; West Virginia hrsts. loss on. pr oox,
zSa2s: sohfhern hrsts. los On. per do<. 2.
BuTTER-Crcamery, fancy. Per h. 3sl; cnoEr'
per H.. 2aa2; do. good. pound. 2ssz; 90. pnrts'
ID, s1as1c; d. hiocks per H. is1z: ladi-s p1 To-
2lz1; Maryland and PennsglIania roL4 per lcs
ID, 2; storepacked, per H. q: Haryispd. Virginia
and Pennsylvania dairy prints. pz ih,~2; pooess
butter per H. Za0.
The Washington herald., 1913-10-18
BALTIMORE WHOLESALE MARKET

HAY-No. l timothy. a1; standard timothy,
2.oo; No. :. $50; No. 5 timothy. uaoalsoo; lixilt
clover MIXED. 1Ssoa1soe: No clover. mixed. 800:
No clover. MIXED. B.5ohl7.oo; heavy. N 5oali 80
No. clover. n-5calao; No. 2 16ooais5o: no-est1b-
lshed grade hay. nooal5eo; sample grade hay. to
kind quality. and condition. ioooal20
STRAW-No. straight rye. new l6Lza1Tco: No.
straight iye straw. new, l6D; No. tangled rye
straw. s.5al0oo: No. wheat straw. 10; wheat
straw. No. 2. 100: No. oat straw Soozseo; No. 2
cat straw. IooaSoo
LIVE PoULTRY-chickens old hens. heavy, Per
ID, Is; do, snail to medium. per lb-. IS; do. old
roosters. Der H. ioaii: do. spring. large per n.
isals; do. spring. Ibs- and over per ID. iaals;
o.. smaller. per H. rsls; pigeoazs youns, psr
The Washington herald., 1913-10-18
WALL STREET GOSSIP

The sgreat Spanish copper industry
came to stand still today with strike
Of 1000 miners in the Huelva province.
The famous Rio T.nto mines were shut
down.
Provost-Union Pacific looks heavy to
me and buying was short covering.
Frippe- Content bought 1000 Reading.
The market has not yet developed any
tone Of consequence. It takes good deal
CT nerve to buy stocks. bat like that
side. The short interest Is large and
the. end Of the week viii undoubtedly
see a covering movement
Childs-content Is trying for a rally
and think it may run up some but
doubt II II win hold.
II is understood that verbal arrange
ment has been reached between the at
The Washington herald., 1913-10-18
NEW YORK MONEY.

New York. 0ct- n.-Money on cal On the Stock
Exchange today opened at ~ per cent highest. ~
lowest. ): closing. ~ per cent. Most Of the days
loans were made at * per cent-
Dullness continues to b the chief Characteristic
of time dealings The easier trend Of the last few
dsgs Is still in eridence though rstes show no aD-
prccisble variation from the preeeding day.
Rates Gas per cent for sixty days; 5a5k per
cent for ninety days: per cent for four and i've
months. and fkas per cent for six months.
The Washington herald., 1913-10-18
WASHINGTON STOCK EXCHANGE.

Regular call: Il O'Clock noon.
Washington Railway & Electric q. 100 at q.
Capital Traction, 10 at r5ls-
Washington Gas s.. Si.ooo at lo5H Sl.0o0 at 1904.
81 900 at 1854. s.. 900 az lo51t. 400 st loSk 500
az losk
Capital Traction s. 81! 90 at IG.
Potomac Cons. s.. 5000 at seiS.
Washington Railway 4 Electric pfd-. 10 at ois.
s at 9oh. at SoN.
Washington Gas. 5 at SIS. 10 at 81. 10 at 50.
9 at So. 5 al snz.
MerErnthaIer. at 2lsll. at 2is,s. 10 at 2lss =
Commercial National Bank. 10 at ls5. n
Continental Trust. 10 at llSiS.
After calI-Capital Traction, l at lI5x at ll5E
GOVERNMENT BONDS
The Washington herald., 1913-10-18

dustriais, which later extended to the mining
stocks Before midday. however, a slight rally set
In On covering.
United Cigar Stores, after declining about <. re-
covered. British-American Tobacco eased od sight-
~ but iikeNise steady. The Standard Oh shars
were irregular. New Jersey down about pointa.
while Washington on moved up about the same.
CopIer stocks were dull but easier.
Touopah issues moved within narrow limits on
small dealings. Bonds were quiet
The Washington herald., 1913-10-18
OUTSIDE SECURITY NOTES.

New York. oct n.-spsculatioa IN The nsrkst for
outside securities today aszin was on extrsnely
small scale while larger part Of the sesion al
most complete stagnation prsrsled- At the outset
considerable weakness dsSel0pcd % comparatively
snail oferinsz, especially n the higher priced in
The Washington herald., 1913-10-18
WEEKLY BANK cLEARINGS.

New York. Oct H.-Bank clearings In the United
States for the week ended October ls agrreT1te
SIS .5ss CO., against SE4a 900 last week and
s.eg.7S2coo In this weak last year Following are
the returns for this week. with percentages Of
change from this week last year:
The Washington herald., 1913-10-18

Other Financial News on Opposite
Pags.
The Washington herald., 1913-10-18
The Gains.

Union Pacific gained and held 3-4 of
point; Steel. "a, preferred off to 1O4 S-4
a new low for the year; Southern Pacific
gained rs. with buying reported by SELL
ers Of high-grade shares at higher prices;
St Paul gained IL with preferred IA
lower; Chesapeake and Ohio gained a
full point; Interboro preferred. / 3-s;
Third Avenue, IS; Atchison, a point;
Pennsylvania, 3-S; Copper. a point; Smelt-
ing, 5rS; Telegraph and Telephone, 4
point and Can common, point. Read
ing made a point gain.
The Washington herald., 1913-10-18
One Per Cent Extra.

The directors OF the Washington Rail-
way and Electric Company have decided
TO make the per cent dividend rate ef-
tective for the current year, as pre-
aicted. and for this purpose they have
seeded to pay an extra dividend Of /
per cent with the Iirst of December books
-iaefDv Noyar,har Il
The Washington herald., 1913-10-18
Appropos of Transfers.

Before the consolidation, forming the
Washington Railway and Electric Com
pany. there were six or seven traction
companies using as now interchangeable
tickets, but each charging one fare for
each passenger.
By this consolidation universal trans
ters became a fact on these various rail-
roads, including City and Suburban,
Georgetown and Tennallytownr Washing
ton and Glen Echo, Washington, Wood
Eide, and Forest Glen, the Belt Line, now
the Eleventh Street line, and in addition
the Brightwood road.
Universal transfers on these lines with
In the District limits are practically in
torce today.
The Washington herald., 1913-10-18
Income Tax.

IS los Il. Traction IS 1@. Potomac Con-
solidated 5s 80 L.
The Washington herald., 1913-10-18
COTTON STATISTICS.

al sales "a shares. asainst 3Ts.Ho yester-
3ls,TS week ago. and 1859 year ago.
The Washington herald., 1913-10-18

torneys Of the Vulcan DEFINING Com
pany and the Amaizamated Can COM
pany for compromise OF the infringe
ment brought by the Vulcan Company
whereby the latter viii pay $4,000 TO
the Vulcan Company next Wednesday.
subtreasury gained s1,g4.ooo from the
banks on Thursday and since Friday has
gained 81. 49, ,0Oo
The Washington herald., 1913-10-18
COBALT STOCKS.

sales, $50. 900. against sl.f5l.0Oo yesteriI,
a week ago. and Aysos.ooo year ago. :,
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
PATTERSON TO
SURVEY MAUI
island COASTS

To complete the survey of the
waters surrounding the water Of Maui
under the direction Of the United
States coast and geodetic survey de-
nartment. the survey steamer Patter-
son. which visited the islands about
a year ago, returned to Honolulu on
Sunday afternoon and still rides at
anchor off the harbor
Sailing from Unalaska on October
81, the little vessel met a variety of
weather conditions on the Today voy-
age. Strong gales and heavy seas
were encountered as the Patterson APP
preached the islands When the off
GERS in the U. S. coast and geodetic
survey steamer left here shortly after
the first of the year, a considerable
section of the Maui coast line re-
manned uncharted. It is finishing up
this important work that will occupy
the time and attention of the Patter-
sons men during the next few months.
Captain G. B. Miller, who was in
charge of the former expedition, is in
command of the Patterson. The YES
sci is expected to depart for Maui to-
day, following the taking on Of coal
and quantity of provisions. 1t Is
possible that the vessel may not enter
the harbor but receive her supplies
by launches and lighters.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
JURY OF PHYSICIANS
BRiGHTS DISEASE

"They were not genuine cases oil
Bright's disease" '" Then how about
cases like this: It.
r. C. .Pell, cor. Broadway and Bat
terry Streets, is manager of one oil
San Francisco's big corporations. His
son had Bright's disease. The father
had two different physicians. one OF
them an Army Surgeon, on the case,
Patient was greatly swollen with
dropsy and the doctors declared the
case Brights and incurable. He
tbereupon put the patient on Fulton /
Renal Compound. He began to mend
and in six months was well. The IA
Their could hardly credit it and had
two different physicians examine the
patient and analyze the samples. Both
reported it normal.
Thus a jury of physicians decided
that the patient had Bright's disease
and was incurable and another jury
Of physicians later determines his
recovery. AS a permanence, this was
eight years ago and the patient is now
in business in San Francisco.
II you have Brights disease do you
not owe it to yourself and family to
try. Fulton's Renal Compound before
giving up?
Ask for pamphlet or write John J.
Fulton Co., San FranciscO.-ad
ment.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
FILIPINO GETS LARGE, -.
MEAL. PAYS FIVE CENTS
AND LANDS TN BASTlLE

Pedro Ocampo is credited with hav-
Ing entered the cafe conducted by a
Chinese, ordering a succulent steak
smothered In mushrooms, an array Of
side dishes. such as vegetables and
dessert, enjoying his iii, and taking
up his hat, stepped jauntily toward
the cashiers desk and deposited s.
cent piece into the outstretched palm
Of the attendant.
Then and there followed a riot OF
20 mean magnitude. The Chinese Of.
Tered emphatic objections at this pain
full demonstration Of decreased cost
or living. ocanlpo became decidedly
insulting IN his remarks and was
charged by the cafe proprietor With
having drawn q knife IN the hght that
took place. &
District Magistrate Earnach listened
to the tale OF woe as related by
the Chinese, which when concluded
caused HIM to sentence the Filipino
to IA days at Hotel Asch, where three
meals without cost win be furnished
0eampQg klft Ks rs
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
FEDERAL INCOME
TAX DECLARATION

One error of importance enough to
be corrected is made in the interview
with l.. l. Spalding on Saturday re-
garding the relations Of banks to the
federal income tax.
Where it was stated that the owner
of a bond coupon presented at bank
for payment or deposit must declare
that he does not now claim, with
respect to the income represented by
the interest, the benefit Of a deduc-
ton" etc, it should have been that
he does or does not now claim" ETC.,
the affirmative or the negative being
used, according to which the owner
wishes , to declare AS printed, the
passage would indicate that the certi-
ficate is required only where the own
er does not claim this exemption. The
word now" Is a safeguard to the
owner, as at the time of certifying he
may not know what dividends are
coming to him.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
JAPANESELADY
AVIATOR MAY
MAKE FLIGHT HERE

Strong gales now prevailing off the
islands, through which the Pacific
Mail liner Siberia is steaming on its
way from the Coast to Honolulu, it is
thought, will prevent Miss Nina Yo-
neko, a daring Japanese lady who has
perfected her two years course Of in
struction as an aviator, from attempt
ing a flight from the deck of that yes
sci to Honolulu, in a specially con-
structed hydroaeroplaI1e.
The girl is said to have attended the
Curtiss school and become exceeding
ly proficient in the manipulation of a
flying machine.
Miss Yoneko, who is reported as re-
turning to her country in the Siberia,
is declared to be the first Japanese
woman to have taken to aviation as a
profession. The machine which she
has purchased and is taking to Japan.
is said to be available for both land
and water, and has a speed of approx
imately seventy miles an hour.
A proposition was spoken of today
to endeavor to arrange for series of
exhibitions in this city. The details
of the matter are yet to be settled.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
Big MPRE.SS
SNASHES SPEED
RECORD

Having made better than 10 knots
on the last voyage from the Orient
TO British Columbia, the new Canadian
Pacific liner Empress of Asia lie said
TO have smashed her previous records
into smithereens. Despite the pre-.
vailing strong head winds, sleet and
snow encountered, the new leviathan
was driven through the heavy seas at
a pace equaling that expected Of some
of the crack Atlantic liners.
The Asia is a sister ship Of the
Empress of Russia, which so far con-
tinues to hold the trans-Pacific rec
ord for fast passages between Victo-
ria and Vancouver and Yokohama
Until these new liners made their
appearance the trim little yacht-lfke
Empress Of China and Empress Of
Japan were considered the fast trav-
eIers in northern Pacific waters. The
Japan and the China were credited
with covering the voyage from Van
couver to Hongkong in 10 days. Steam
ing across to Yokohama In trifle
more than 10 days, very little time
was wasted In the transfer of mails
and the removal of freight at Kobe,
Nagasah and Shanghai
j The Asia on her last voyage COW
cred so miles in three hours and so
minutes.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-11-17
City Transfer Co.,
Tel 1881 - James q. Love
James 81. Love

The Hawaii Promotion Committee
requests your kindly Offices In its en-.
deavor to secure from the mainland
telegraphie reports on weather condi-
tons daily in the territory. say west
of the Mississippi river. At present
"a daily weather, bulletin from Homo
.lalu Is sent to the mainland and pub
.lished throughout the states by or un-
der the authofqty of the weather bu-
reau ut Washington What we desire
In this matter Is simply reciprocation
for the benefit Of the citizens Of the
territory and tourists visiting Hawaii.
Your immediate attention to this mat.
ter would be very much appreciated"