davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
CIrnrInr-uousc Statement

New York, March l5.--Statement 81 tho act
uai condition OF clearing house banks and
trust companies for the week shows that
they hold 50 81. iSn reserve In excess OF legal
requirements This is increase or s. 500 =
200 from last week. The statement follows:
Actual CO. hition-
Loans. si.ess 5000; decrease, s22 col. 900
Specie. S3st 10000; decrease Sl,3I7.000.
Legal tenders. Ssh. 900. increase. ST. l3I 600
900.
Circulation. si6,S7i 900: increase. $4,000
Ranks cash reserve in vaults. 1910. $50 100.
Trust companies cash reserve in vault,
&c.. 900
Aggregate cash reserve, Sos iss. 900
s.. Ss3. 800.
Trust companies reserve with clearing
house members carrying % per cent cash
reserve. f4a.2ls.0e0.
Summary of state banks and trust com
pnnies In Greater New York not include,
In clearing house statement:
Loans. s67S COO decrease. s60I 100.
Specie. S65.5o6 500 decrease, $3.50, 400
Legal tenders, $S.2l7200; increase. si55. 900
Total deposits ss2aa'S.seo; decrease. $3.50,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
coTroN MARKETS.

New York March 15.-Whie part Of an
ing the cotton market showed generally
steady tone to-day and closed steady at
gain OF from las points. The market opened
steady at an advance of Ar points In sym
pathy with firm Liverpool cables. PROFIT
taxing caused some 'rrssuaey Ts si tsken
however, by active covering foreign buying
and scattering demand. which seemed TO
come partly from Southern sources, and the
market gradually worked up to net gain
of about saio points with old crop positions
generally clear and colder weather in the
south, but there were further rains in East
layed farm work while press advices ndi-
violent than the trade had previously sup
posed. Uneasiness the weather situa-
ton. combined with continued reports OF al
for much Of the buying. but at the advance
to 10 cents for May and 1923 for July. there
turned easier In the late trading. New Or
leans was seller here In the last half hour.
and the market closed or points of from
the best the active months. The feature
Of the early trading vas the active buying
bid for large blocks OF May and July and
were credited With taking good deal Of
S"ymr o was attSned by MGs' gossip
covering Of Wall Street Western ehorts
owing to the talk OF an improved trade e,, de-
conditions both at home and abroad. and q
continued active trade in Western good
circles.
Spot cotton closed quiet; middiing uplands.
1850: middling gulf. 12.s5.
Cotton. quiet; middling. 1880 gross re-
ceipts. t.s52 bales: stock, 1i5,ss5 bales; export
Coastwise. 2.II9 bales.
Total to-day at all ports-Net receipts.
$50 bales; export to the Continent, 500 bales:
stock. 7u205 bales.
Consolidated at all ports-Net receipts
s'sla bales; EXPORT to the Continent. 500 bales.
Total since September 1 at all ports-Net
receipts S.G01.920 bales: exuort 10 Great
Britain. 2.aN30I bales; to France, 800 737
bales 10 the Continent 2.15?.es3 bales to
New Orleans March 15-The cotton mar
ket had a very steady tone on the closing
session of the week The opening was steady
at rise OF 4d5 points. Gables we're better
MUCH rain in the Eastern belt again and
cold weather In the Western. a decided
drop In temperatures. with freezing over
good part of the Western belt. was a
market gradually worked upward until the
trading months stood SAFE points over the
close OF Yesterday. Commission houses did
considerable buying at times. which was
becoming interested in the long side OF the
market Late in the morning the demand
siaekened and. under scattered selling. prices
fell on The close was steady at net ad-
vance OF 3T6 points. Spot cotton steady. lie
up, up; middling &c Pie; sales on the spot SEA
March, 1885; April i22i: May. iaai: July.
l2.13; August. 1853: Septen Der, ii67; October
li.+7; December. 1l.47.
NEW YORK PRODUCE MARKET.
New York, March 1a--Flour--Cuiet. whest
ern. Duluth. ssdc: corn--lDssy at S5ss.
=, W We H!dss-stssdy. IAathes--
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

other sections-are beginning to realize what
the South has fully recognized for many
years. that this geographical! section OF
these United States enjoys certain advan-
taGes that makes 1t. viewed from any stand
point. most important manufacturing. agri-
cultural. mining and distributing centre.
There is enough industrial supremacy pos
sibie to encourage every progressive city
from any of the four points of the compass
doing business with and through the South.
1t Is Just as well Ia get the fact firmly
fixed in the minds or all that while this
section OF the country has historical past,
ii also has from business standpoint q
mighty important present and what is OF
greater interest. a future that bids fair to-
make II. have frequently commended,
the cOuntry's greatest manufacturing cens
tre.--Ths Tradesmhn. .-.-.l
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
BOND LIST

AIlis-ChsImers IS cts. ,bd) ....,....,.... 10
American Tohacco Co old 50 asked. 1919
Atlantic Coast Line lst - taskedb.,..... sll.
ttiautic toas, I,!ne-I. and y. to-. SOS.
A. C. l. conv Is Gin Baltimore. asked>.. ?1i7
chesaneake and Ohio conv. 4i.s (bidl.. :ois
l.icgett ard Myers Observation-Disclosures. rs
I.iggett and Myers IS tbidl .......-........ l9'.
I.orillard Company 5s tbid> ............. ss
Loriiiard Company a. ,bidl.............. 1904
Norfolk and Western conv. r2s n. t..... le2,s
Seaboard Air Line stamped ~ asked. sot7
Seaboard Air Line adj. 50 tbid) ......... ~
Southern Railway IS tbid> ..........,.... ','.
Southern Railway IS did, ............... loi
United states Steel 2nd IS ,.............. 1908.
l. =. registered IS. 1879 tbidb ............ l0l
q. s registered s. 1915 tbld) ........... 1925
e. s Panama new 3s Odd .............. 1924
virginia Rrovn Bros ctfs................ 81
virginia car. Chem Is, 5s (hldO....... $50;
Va Ry. and Power Co. 5s asked -
Wabash deb. Is tbidD Observation-Disclosures. 81
Waba sh- Pitts. Term. LIST ts................ "A
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

machine barrels. hi1c. Rosin- Easy; strain
I'd. common to good. ss.5ods..o. Rice and
Molasses-Steady. Sugar-Raw. Arm: refined.
steady. Conee-Spo,, unsettled: Rio No :.
il.c.. Santos. No. {. 1859. mild. dull: Cor
dova, l6Si'c: nominal. Cheese-irregular.
Rutter-Steady. Potatoes-Steady and un-
changed. Cabba Ees-Steady and unchanged.
FreiEhts and Peanuts-Cnchanged.
cottonseed oil WAS easier owing to further
pressure in the March position result
Of longs trying to avoid taking delivery and
commission house selling IN the late months,
closing unchanged to points net lower.
Prime crude. S.3oG5.e1; prime summer yellow.
spot. s.3ons3,: March. s.3l April. $50: Mag.
$50 June. e.51: July SO; August, $50: Sep
tember. sc. October $40; prime winter
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
CATTLE MARKETS..
RICHMOND LIVE STOCK MARKE

RICHMOND LIVE STOCK MARKET
tSales At Union Stock TardsD
Richmond. Va March Is 1919
Report OF the live stock market for III.
week ending March 10, 1919
Best steers. Ids: medium to good. s,.a
SiaT7,4c.: medium to good. 5Edsc.: common
TO fair. i1ruSc.; best COWS. 5h65Sc.; medium
to good, ii745c.: common to fair 3E9Ic:
hest oxen. Sis6si3c.; medium to good, IisI
sAc.; common to fair. 3is6f4Ac.: bulls 4a.T
&c: best calves. ?Gioc.: fair to good ,dScoc
dicks. tG5c. Cows and calves. 1850 90 per
head. Best heavy hogs. 9Hc.: medium and
iGhtweights. Si?n &c: and stays 5I5T
NC: hest lambs .dsiac. medium to good
ii.0ic. common 10 fair. 4a5c. best sheer
s1e'7c;: fair 10 medium, Sd6c.: common 10
New York. March To- Beevcs-Steadv Vir
Einia steers. $50. CaNcs-Firm; vcais so 70
Tl2'", Sheep and Lambs-Steady prime
state lambs sold at $3.50: common sheen !,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
weekIy Flnnnclnl nevier.

New York, March 15.-The strinsency
In the Berlin money market maintained
Its dragging effect on all financial mar
kets this week and continued to re :,
strain the influence of number Of
favorable transactions, Operations of
o more positive kind are withheld to
await clearer prospect of the April
settlements at Berlin. That centre
made large additiona! acquisitions for
gold on London and New York, the re-
suit being TO distrlhute the! strAin w
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
MONEY IN WHEAT

6f61 mn Buys, Puts or Calls on 10000
PlU.Uu bushels OF wheat. No further
risk. A movement OF &c from price
gives you chance to take $4,000; &C,
$4,000; &c. $4,000. etc. Write for par
ticulars.
The Central stock & Grain Co,
Park Bldg. Cleveland. o.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
----- - : =
PENINSULA PROGRESS.
Agricultural Deyclonmcnt In Warwick and
ELI ahefll or n. IMl Smallest of Cnuutlrl.

The Newport News Times Herald mas COM
piled the following facts: Tho census bull
lentin on agriculture in Virginia shows that
the counties OF Warwick and Elizabeth City
made marked progress between 1900 and 1910.
The number of Individual farms increased
from $50 In 1900 10 49, in 1910. The land area
is 1850 The number of farm acres
In 1900 1870 in 1910. 2lot,. Improved
farm land in 1900 was sass acres; In 1910.
s9at
The value OF all farm property In 1900
siI2aoS: In 1910. Si.3e5.6is. II gain OF lis
per cent. Isn't that going some?
Land values Increased from sS.a, $50 In 1900
ments and machinery nearly doubled. Land
values in Elizabeth city County increased
from s56S.lso in 1890 To si,t3s. 1s1 in 1910. 81
All farm property rose from $s15oii in 1900
To 81 loi.1S0 in 1919. Elizabeth city had s1s
individual farms In 1900 and 800 In 1916. Acre.
age rose from 1904 I'm 1900 to is9l5 In 1910
Only thirty-siN farms in Warwick were
burdened With mortEaEe In 1910. and only
ffty-eight in Elizabeth City County.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
NAVAL STORES.
Wilmington.

Wilmington y. e.. March l5-Spirits Tur-
pentinc-Stchdy and unchanged. receipts .
casks. Eosin- Nothing doing; prices un-
CHANGED Tar--Firm at SEQ receipts bar
reis. Crude Turpcntne-F Firm at $50 i.oo re-
ceipts . barrels.
savannah. Ca. March l5.-Turpentinc-
Firm NJ S'u3sc; receipts lbs casks: ship
mcnts casks, stock le,i in casks. Rosn-
Firm receipts $40 barrels; shipments sal bar
re!s; stock lo2.siS barrels. Quote: "A and b.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
OPPORTUNITY. SOUTHWARK.
.rthcrn citic. Learning Facts About Dixie

Northern Cities Learning Facts About Dixie
That Have Long Been Apparent.
A contributed article in recent issue of
the Philadelphia Public Ledger, published
under Washington date line. carried the
southward." The writer OF the article sx-
plains that the opening of tho Phnama
Canal. and the important part the southern
ports will play; In tho future commercial
growth OF the nation should mean that
'iPhilsdfiphialfnisht we'll aspire 10 CONNER
cial SUPREMACY In the Southern States.'.
B In ia inors than gratifying. of course. TO
know that Other sec Ions of our country
md bilsdsl phi A.t tons are thoe os
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
MARINE INTELLiGENcE.
PORT OF RICHMOND. MARCH Is. 1911

POKT OF RICHMOND, MARCH H. 1913
ARRIVED
Steamer Berkeley, Shelly. Norfolk Iner-
chandise and passengers, Old Dominion Line.
Steamer Pocahontas. Graves Norfolk and
James River landings. merchandise and pas
sengcrs, Virginia Navigation Company.
steamer Aurora FIrmnn, Petersburg and
James River landings, merchandise and pa s.
sengers. Furman Line.
SAILED.
steamer Berkeley Shelly. Norfolk, mer-
chandlse and passengers, Old Dominion Line.
steamer Aurora. Furman. Petersburg and
James River landings, merchandise and pas
sengers. Furman Line.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

) 34as per cent. Six months. 51-2d
53-4
Close: Prime mercantile paper
"a To per cent. Sterling exchange
firm, with actual business in bankers
bills At 1872 . for sixty-day bills, and
at 4.s1l5 for demand.
Commercial bills. 4.s21-2.
Bar silver. 571-2.
Mexican dollars. 81.
Government bonds steady.
Railroad bonds Irregular.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
CHICAGO GRAIN MARKETS.

Chicago. III. March lj.--Whcat to-day
made new low record for the season. Be-
lief that through fear of war spreading
European countries had overbought and
would therefore soon diminish imports. had
much 10 do with breaking the market. The
close was unsettled. raining from las; nights
level to S.dAc. down. Corn finished shade
20 Nc. on: oats a, decline of MILO to IA
&c. and provisions less expensive ny ei2nloc.
Leading futures ranged as follows:
Lou
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
DRY GOODS MARKET

New York. March l5.-Cotton goods mar
kets were quiet and easy few construc-
tions OF print cloths, but on most goods
prices are generally steady. Linens are in
good demand Burlaps are firm. Silks are
In good demand.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
Charters Issued.

St Paul, Petersburg. Va. No capital stock.
Archer Robinson. president Theo Hastings,
vice president. both of Petersburg. Va. L,
l.. Jackson. assistant secretary Giles b,
Jackson attorney. both Of Richmond; ssm-3
uel Jones, secretary, Petersburg, Va. n
The Etchison Construction ConranysS lie III
Alexandria, Va. Capital:s Maxtmum. sig3ed:5
minimum. Sl,No. Ii. M. Etebison. presidents
Washington. ID. G. OBJECT: CONSTRUCTION
business. 49, 81 2Ssli g ~ st.af IS,
3 Madadel woodsil Gnc.). Norfolk, Va. a cArsst
ltni; Maximum $1,000. minimum. ta6t4lf
Mae Weodail president End ttrsasyrers
retary--all of Sorfoik, VS.. object l3Ts
ncry pusincsss s @ y ~ = f,,;aS2sss
SmithfAld, Va q CapIteltS Nnxifpuuls y9540lS5N
mtnipium. $4,000. "a piin Il, undetwsSss III ~
idsns, u. ~, r,erd en-. scr stspys ElSE
yadsrsoSt Ss SnsfrAn y
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

CASH grain closed: Wheat-No. . rcd. SIN
Los No. hard. Ea.TSsisc.; No. ! northern.
s'@.nsszc.; No. northern s,Is7i:c.: No.
spring. sSA.ds7i7c.; velvet chaH. seussi7c.:
durun. s5Ms1c. Oats-No. . white. 33,.d34I.c
standard. 32td32*c
Baltimore. Mr. March Wheat-Easisr
at sl.otA. Corn-Firmer AT 55r>c Oats
steady; standard White 37'.c. Rye-Quiet:
No. western 65G6sc.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
MISCELLANEOUS MARKETS.

PETERSBURG PEANUT MARKET
tReported by Rodgers McCabe L. Co.)
Petersburg, Va, March 5.-Peanuts.-Span-
lsh-Market steady. MISUNDERSTANDING. CSC;
fancy. Sic; extra prime. 3b.c.; prime &c
machine picked, 3gS,4c. Smelling stock. nc.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
Pennsylvania prime hog.
ia10; roughs ss.c5.

Chicago. III March l5.-Hogs-s,eady:.
Bulk OF sales. sS.SHnalo. Catt!e-Slow
BeeNes. Si.2Inali. cows and hcifers 80 500
90; calves. s'5edi2oo Sheep-Steady at 1918
90. lambs SsMshO
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
RICHMOND STOCK MAKKEr.

ny Richard W. Sfaury.
Stock and Bond Broker. ioi5 f. Main street.
Richmond. Va. March Is. 1919.
STATE SECURITIES. Bid. Asked.
Virginia IS, Old. c. and r.. 1882. S -.
Va Centuries, ?-3. g. and r. 1921. t5ts So.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

Quotations for interesting -payins bonds are
at Il price to which interest must be added.
Income bonds and certificates OF indebted
res re-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
RICHMOND TOBACCO MARKET.

Richmond Va, March 10. 1918
Following are the quotations on the Rich
mond Tobacco Exchange.
HID. AND LOOSE FIRED
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16
RICHMOND GRAIN MARkET.
Richmond Va, March Is. 1919
i0LESALE QUOTATIONS on CHANGE
RICHMOND HAY MARKET.

Richmond. Va. March H. 1913
Following are the quotations on the Rich
mond Hay Exchange:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

New York, March 15.-Money on
easiers sixty days and NINETY da2c.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-16

NEW YORK PRODUCE MARKET.
New York. March 1a-Flour--Quiet. 3wh eat
weak: No. 2 red, SLoan1.loA; No. 1 North
ern: Duluth. a75ac. corn--Ea sy+ at Wxe.
gtr.s. psHnleum s.SteIdY. TQtpsnsiparH;snses
Deming graphic. (Deming, N.M.) 1903-1948, 1913-12-05
GIFT,

What shall | send you for Christmas,
DEAR
What can pennies rimester send
But the wish that when skies are
filled with gloom
For You bilhe April buds may bloom
And that every throb of the heart of
You
May whisper of day when the skies
were bluc'
What shall ! send you for Christmas,
sweet
What can friendless minstrel send
But the prayer that when days drag
drear and long
Your heart will sing snatches of
sweetest song
And that every flake of the Yue-
tide. snow
May speak of the dreams of the long
ago!
What shall ! send you for Christmas,
my Ownl
What can II lonely bardling send
But the wish that when life grows
dark and chill
Deming graphic. (Deming, N.M.) 1903-1948, 1913-12-05
COUNT De DEMl-TASSE
MADE A HIT AT CRYSTAL

The Count de Demi- TasSe drew II
a good house last Saturday even
ing to the Crystal theatre and the
consensus of opinion expressed dur
ing the performance and afterward
in the lobby was to the effect that
Dcming theatre gocrs will be pleased
to attend return engagement. The
presentation of the happy, snappy
and amusing musical comedy was by
the Suollers of Silver City. truly
all-star east who wear the grease
paint in the interest of the Elks
lodge. The characters are all prom
uent professional. business or Socic-
IS people of the neighboring city and
they are certainly royal entertainers.
The chorus. composed of the young
cr social set was well trained and
did their part with truly professional
skill. Spccial scenery was carried
tor the occasion.
The program follows:
Monsieur Nidocq, proprietor of III,
Blue Goose. --------H. J. Burge>-
Peggy Nidocq Francis Wortl
Bailey
Pierre de- Demi- Tas>c. waiter IN
the Blue Goose ------E, ID. NiNoI
Carmcucita. Il Spanish dancer IN,
Deming graphic. (Deming, N.M.) 1903-1948, 1913-12-05
The Mountain States Telephone and Telegraph Company

The r"-r~ of summer may bloom for
You still
And in mood, when the fond old
dream, still cling to YOU
That the birds may return, my sweet,
aud sing 10 YOU
Irving Dillon in Life.
Deming graphic. (Deming, N.M.) 1903-1948, 1913-12-05
An Open Letter to the
Telephone Using Public

on the Utilities that bring them in con-
tract with each other, and that the
more nearly perfect in efficiency and
sufiicicncy the utilities serving the
public are, the more prosperity, com
forts and ronveniences the public
will enjoy.
We believe our story is an interest
ing one, and We hope that everyone
will read it.
N0te.-As an instance Of the kind
of startling news which newspapers
sometimes publish, We want to call
attention To recent articles III the
newspapers headed, United States
Government Calls Upon Two Girl
Stenographers to Tell Where They
Got Two Million Dollars to Form the
Corporation Securities and Invest
mcnt Company" Then the article
went on to say that the Corporation
Securities and Investment Company
was II scheme of the Telephone Com
puny 10 further it, purpose of mo-
noplizing telephone companies, etc.
The truth is that our company has
been met with strong feeling in the
State of Montana--wcll nigh univcr-
saI--lhut something should be done 10
relieve the citizens of that state, of
two telephone systems. Public meet
ings have been held. and votes taken.
that the telephones OF one or the other
of the systems should be thrown out.
Resolutions and letters have been
submitted to H.. and we have started
out TO see what We could do Ia relieve
the citizens of that state of this bur
den.
We found that the Independent in
tcrc,,s operating there also operated
IN Spokane III the State of Washing
ton, aud in northern Idaho. and that
the Independent interests doing bust
ness in Montana could not be bought.
or sold 81 ~ 10 alone cover the pro
rrty IN Montana. but that the pur-
chase must include their property IN
the states of Idaho and Washington.
The Mountain States Telephone and
Telegraph Company does not operate
IN either of these sections, and there
fore. is not responsible for telephone
conditions, there. nor does il wish 10
/ operate there. but We felt We must
meet the situation IN Montana, and
50. in order Ia be- IN II position To
either buy or sell. from or to. the
lndcprndenl interests in Montana.
there was formed this Corporation
Securities and Investment Company,
~ II corporate company, Ia enter in
Ia negotiations with the Independent
Interests in Montana. which nrgoti-
atlun> are now in progress, and. If
possible, To buy these Independent
interests IN Montana. northern Idaho
and Washington. and then in the end,
II that purpose was accomplished the
Corporation Securities aud Invest
mcnl Company should sell to the
Mountain States Telephone aud Telr
graph Company the portion of the
Independent plants located in Mon
lana. and sell to Others the portion
of these Independent plants existing
IN northern Idaho aud Washington,
We explain this ~ the public may
know that in the above Foreword.
where We say "therr is no company
within company, or wheels within
wheels" we are speaking absolutely
truly. and also that this Corporation
Securities and Investment Company
which was 81 freely advertised by the
articles in the newspaper referred to-
i absolutely legitimate and prope,
company and organized for the spe
cltlc purpose stated
Deming graphic. (Deming, N.M.) 1903-1948, 1913-12-05

Denver, Colorado. Nov. 30, 1913
The Mountain States Telephone
and Telegraph Company, III the con-
,idcrution of it, future development.
recognizes that lis highest interests
Il, II public utility lie IN establishing
the closest aud most friendly rclat-
ionship with the public generally;
therefore, il l. the purpose of The
Mountain States Telephone and Tel
rgraph Company. through this an
uouuccmcut. to iuauguratc what may
be- termed an advertising educational
series of articles. both IN newspapers
and in the form of letters To its Gus
toners. It j. our hope that this cam
palgn maN mark n new era III the re-
lalion of public utility corporations
{" the public they serve. We want
this education 10 work both Mays
that the public may learn the truth
about us. and that We may learn how
the public regards Us, and how We
may fairly aud efficiently serve the
pubic--m other words, what i Just
and right to H. and to the people, and
to convince the public that We will
voluntarily remedy amy wrongs We
are doing. if pointed out /" H..
We shall show You our financial
affairs. frankly aud freely. 1t -
happens that our financing has been
Of such nature that ii Is easy for
H. To- clearly show 10 YOU this side of
of affairs. What We mean by this
j. that We have absolutely no water
in our stock; We have no bonds. nor
any preferred stock, and II" mort q
gage of amy kind upon which to pay
fixed charge. We have more invest.
rd IN our plant al H. present replace
mrnl value than our ISSUE of common
stock. There are no wheels within
wheels. nor companies within rumpa
nrs. lo absorb profits. We finance
ourselves from year I" wear "' >'l'
me- our common LOON l." tue P'"P'''
At moi less IMAM par III the STATES III
"l'l'h we operate
When We tell You the story "i ON
financing We will prove To YOU that
there have never been amy fortunes
large or small. made ont "i the mn
ulpulallon of orr stock ~ Other
words. II" m9h financing HAS even
been done IN connection with tn,
Mountain STATE Telephone ana Tel
cgraph Company. or H. predecessors
The stock never has had any spccu
luliNr value; II hn~ been, and l. now
simply Il sale Investment.
There l. great ml>undrrSlandm!
anon the part ot the public ~ Ia thl'
SIDE OF our business. Persons witt
dIlcrlur motives, striving for office
aud newspapers wishing 1" give star
Ting news lscc note below trrHu