davidaulloa/AmericanStories huggingface dataset:
Daily capital journal. (Salem, Oregon) 1903-1919, 1913-03-31
Conditions Improved.


Columbus, o., March 31.--The flood
situation throughout Ohio and Indiana
was so generally improved today that
Secretary of War Garrison returned to
Cincinnati this afternoon TO leave for
Washington Wednesday afternoon.
Following a conference with General
Leonard Wood, chief of staff of the
United States army, and Governor Cox,
Secretary Garrison declared the situa-
tion under control, and decided that his
presence was no longer necessary.
General Wood will remain in charge
of the sanitary work here, but after in.
specting the West Side today he de-
clared that the end Of the present week
would see the flooded districts restored
to normal conditions.
Secretary Garrison wired President
Wilson this afternoon, complimenting
Governor Cox on the way the latter
had handled the flood situation.
"Cox," the message said, "has been
'beset with problems so perplexing as to
be almost appalling in nature, but he
mas handled them with the rarest skill,
courage and resourcefulness.
"I am able to assure you and the
country that the Ohio flood situation
has been met.
"The national guard Of Ohio acquit-
ted itself most creditably all the way.
can places heretofore inaccessible
have been, or soon will be, reached with
AN abundance of supplies"
By Wednesday, it was announced to.
day, all of Columbus 6S will have been
buried. Only one body remains to be
identified.
Shawneetown in Danger.
Shawneetown, Ind, March al
Those remaining here are quartered in
the upper stories Of their homes, as 1t
is expected the water will overtop the
levess tomorrow. Sufficient boats to
rescue them are ready if needed.
The river has risen seven feet in "a
hours, and further 1O.foot rise is i'm
minent It is feared that when the
river overflows theatown win be swept
away. New Haven, ILL.,, 1s miles north
west Of here, is inundated.
All the women and children must
leave Shawneetown by 4 O'Clock thii
afternoon, by order of the authorities
A dispatch from that place indicates
that the levees there can stand littl'
more pressure. The Illinois levee brok,
at Merodosia near Jacksonville, today
and the residents Of both places fled
The residents of Naples, ILL.,, are takinI
to the nearby hills.
Wabash 90 Miles Wide.
Evansville, Ind, March 3l.--Th
Wabash river is 20 miles wide belOv
vincennes, Ind, today, and is rapid
rising here. There are many missing i
the inundated low lands.
Daily capital journal. (Salem, Oregon) 1903-1919, 1913-03-31
Senator Burleigh III.
UNITED rRnss LEASED VIM. ]

Baltimore, Nd, March 3l.-United
States Senator Edwin c. Burleigh, of
Maine, is critically i'll in a local hos,
pital. He is 70 years old.
Daily capital journal. (Salem, Oregon) 1903-1919, 1913-03-31

Convicts Express Sympathy.

+ Sacramento, Cal, March 81
+ During the Sunday service in the 4
4 prison chapel at Folsom yesterday 1
+ number of convicts endorsed a 1
+ resolution expressing sorrow for I
+ the plight of the storm sufferers 1
+ in the east. 1t was drawn up by I
r E. c. McCarty, serving sentence 4
+ for forgery, and is as follows: I
4 Resolved, that we here in Fol- 4
+ som chapel at this time express I
= our heartfelt sympathy toward I
+ those who are in great grief at I
+ this hour account of the death 4
+ of dear ones. The convicts had Z
Z belated story of the disaster from I
= Chaplain W, I. Day. I
4, l. l. l. 4, Il l. L L L l. l. u =
Daily capital journal. (Salem, Oregon) 1903-1919, 1913-03-31
Wabash 20 Miles Wide.

Evansville, Ind, March 31.--The
Wabash river is 20 miles wide below
vincennes, Ind, today, and is rapidly
rising here There are many missing in
the inundated low lands.
The Washington herald., 1913-09-06
AT THE BOTTOM
OF T HE BOX
Wise Investments Will Conserve Re-
sources and Be Readily Salable
in Time of Need.

Copyright 1915 By Z. ". Keys. New York;
One day this summer stock broker In
New York was greatly surprised to iind
in his mail an order from an old Gus
toner to buy certain specified bonds 10
the amount OF $500. He placed the
orders in the market and in the course
Of time he got the bonds and reported
them 10 the customer. who paid for them
and ordered them delivered at his office.
The broker said nothing at the time.
hut he determined that the first chance
he had he would ask some questions. HIS
surprise was due TO the fact that il was
the first time in nearly twenty years OF
experience with this customer. that he
had ever been asked to buy bonds. The
broker knew him as the principal heir Of
one of New Yorks rich men who died
many years ago: and hau always thought
OF him as a wise and conservative young
man who had made good investments all
his life.
They met a few weeks ago. The broker
brought up the matter Of the bonds and
asked why they had been bought
We'll, YOU see" said the customer,
II am forty-five years old and haN.
always worked hard. l have given much
thought to investments and have done
we'll Now. l am beginning to think
more about keeping my wealth intact
than about making it grow. 1t struck
me that / ought to have some good
bonds to put in the bottom of the box.
I shall buy more. as time goes on. BY
the way. / want to pay the tax on those
have. so they will be exempt Can you
fix that for me?'
The broker said he could. He also
agreed with the logic and principle that
caused the purchase. When you get
older and begin to play instead of work
ing he said, you won't have to hire
special secretary to keep you posted
on those bonds. They will take good
care of themselves"
More than ten years ago. the bottom o.
another box. of quite a different charac-
ter. played a part in the news. 1t was in
the middle of a big stock market boom
that a friend of Mr.. John W. Gates told
a reporter that Mr.. Gates had been buy
ing some~of the real gilt-Cdged securities
in the market. as well as booming man"
that were not gilt-edged. He has paid
fer these things" he said. "and put them
down in the bottom Of the box
About two months later there CamS a
sudden break in the gilt-edged market.
In the meantime there had been a COL
lapse in the very speculative list. The
reporter met his friend again and asked,
The Washington herald., 1913-09-06
BALTIMORE WHOLESALE MARKET

MILLFEED-Spring bran. in lOO-lb sacks, PEI
ton. 2j00: -four white middlings. in O0-lb sarks,
g7.CnaSOOO; Western middrgs. IN IOO-Ib. sacks per
ton. 800: City Mills middlinGs in lOO-Ib. sacks.
per ton, . 0aoC; City Mills bran, in O0-t. sacks,
per ton. 3 OOa9s.oO; City Mills white middlng. IN
lOO-lb. sacks, per ton. 29.OOa30o1.
HAY-No. / timothy I7.5Oals.Oo; standard timothy
l7O0; No 2. 1856; No. } timothy, l5Gbal600: right
clover mixed, l6.0Oal6.j0; No l mixed, IjJOale %;
No. 2 clover mixed. li.o0al50O: heavy. B5OaI6 o
No. clover. B.5Oal6OO; No. = l3.5OaE.0O; no estsb-
lished grade hay, 7Oolll; sample grade hay, to
Kind. quality. and condition. 5COaieO0.
STRAW-No. ! straight rye. new, H.6OalI.S; No.
. straight rye straw. new. AO; No.
tangled ne straw. Ic.O0all.oO: No. . tangled rye
straw, s.00al0.00: No. wheat straw 10; wheat
straw. No. p 100; No. ! Oat straw, s0CasOo; No. ?
oat straw. 7.00as.eo.
EGGS-Maryland. Pennsylvania. and nearby irsts.
loss of. per doz-, q; Western frsis. loss of per
doz.. q; West Virginia hrsts. loss of. Der doz..
2Saz: Southern frsts. loss on. per doz.. q.
BUTTER-Creamery fancy per H.. J.: choice,
per lb. JOa3; do, good Ter h. 2sa29; do. prints
per H., 52a33; do, blocks pcr ID. sna3l; lldles,
per H.. :2a23; Maryland and Pennsylvania rulls,
per H.. 22a2J: Ohio rolls per III. s2a23; West Vir-
Ginia rulls. h. 2az3; stoIe-packed. H.. %; Mary
land. Virginia. and Pennsylvania dairy Urints, per
lb. &la2ls: process butter. per h.. 2ia6
LIVE IDUL1RI-t 'hickeris old hens, heavy, per
h.. II: do. do. small to medium, per h., Ie; do,
old ROSTERS Per h.. 10; do. spring large pel h..
-; do, do, snail to medium. per H.. 10; ducks,
old Der h.. Z: do. spring. lbs. and over. Ib
The Washington herald., 1913-09-06
WASHINGTON PRODUCE.

Quotations given below for large lots only.
JobberS' prices are higher.
GREEN GOODS-Yams. per bbL. l5oA2.oo; sweet
potatoes. per bbl.. 2OOa2so; new potatoes. per
bb.. 2O0l2.50; do, No. 2. per bbi. I5al&i. teaIs
per bus, 5Oa75; do. per bbl, l0al.0: cgb-
bage per bbl.. l0lal-75i carrots, per bunch, 2A5;
Iadishes homegrown. peT l0C Slaloo; 'ettrcr. psi
has. IOa2Oo; squash. pr cra.C. 2Jao; celery. per
doz, 25a5o; reas. per bas, lOsl75; cucumbers. per
bas, LOOal.5O; Western yellow ONIONS, W 'AE.
~: white onions, Per bus. 75; NirgiBIa oEiont.
tomatoes. homegrown. per box. 25aT5; eanta-
loupes North Carolina. per cate, lOsi DO
home grown. pCr crate. 75sl9: do. Rocky Ford.
I5Oa225: Mexico. l.75a2j0; lima beans. shelled per
qt. Ija0: corn. per doz. 5al5; Peppers, per crate.
2ja5O Watennelons each l5a20: sgsplants, per Iste
50tLO0.
LAKD-Tub. pure. per h.. Is; do. common. lei
h.. lOEall. Cottonseed oil. per can. Ioo.
CHBESE-NeT York. new, par lb, Is; nat. per
TO-. l6i4; Swiss. domestic. per lb. 8; do. foreign
Ter 10. 2.
EGGs-Nesr,by frst,. .per do1.. .; southerr,
3aE
BUTTER-Best rrinf. new. ger ID. j; tub. per
h. ~; process Ier h.. 26s. undersrades, peI lb
.; stOrc-Tsck Ter ID. SAT-.
LIVE POULTRY-Hens. per b. l5lls: ROSTERS.
pCr h. IOaI; spIing chickens ICr h., Isdse; fucks
per H.. l2al3; TURKEYS. Tcr 10. &la22.
DRESSED POULTRY-Chickens. pCr H.. 20;
hens. choct Ter H., l7aIs: ducks psr h. lale; tur
Aeys. Yer n y r.vs;srs. Itr 10. H.
LIVE STOCK-VeaI calTes. choice. per ID. l0l
II; medium. per h.. 3: common Per H.. s; sprins
Ianbs. bot, pr h.. slsis; do ordinary pr H.,
6,sa7; tat Cheep, ICr h.. Gas.
FRUITS-NTw aTTles. Ter hi. Sai 90 FmoT'.
Ter box 5OOa5 90 orange California box 5OOs5 20
pincapples. FlOrida. pines. per crate. 225a2- 20 ;
peaches. PER crate 2Ooa2.T5; lines. per 100; s5al0O
Issrs per box. l25a2.O0; Iapes. MaGl nd and Viz
Eluia grsIes. Delaware. per carmel l-0'alI5i do.
Niagara. Ter Garner. iO0al 20. do. CunCuIds, per
carrier T5al.2j; pums. per slb. basket. 20l5.
BAY. STRAW. AND CORN Hay. teri I:F.UtLy.
pcr ton. BOo: do. medium. GOpaH.IS: oa hsy.
O0; straw. long rye. IeT ten. Is co.; do. tangled
loOcaH75; wheat straw, so. coru. ear. Iei btI
80
WOOL AND HIDES-Wool. washed. Iee nf
buTrs. per b. 2ia26 WOOL uuwashed, Fer b.. 2a25;
hdss dry ISr H. l6als salt hides. dr. yer ID. ls;
salt hides per H.. Is. caIfskius. g'etn. saCb lisa
LIS; green hidIS, yer ID, u
The Washington herald., 1913-09-06
The Safest Investments
527 18th Street Northwest.

facetiousIy. how Mr.. Gates strong box
was getting along.
oh" said his friend. ''he turned il up
side down and kicked the bottom in.
That's the only kind of thing he can sell
these days"
The two incidents. so utterly unlike. il
lustrate pretty well the two main char
actcrstiCs that ought 10 mark the stuff
at the bottom of the box. For the sake
of peace and quiet and that serene sense
of safety that should be the lot of the
peaceful and quiet investor when he gets
old and does not want to bother about
little things. tine best of his investments
will be those for the care OF which he
needs no private secretary.
II he is a business man. carrying on
through all his life the risks and vicis-
situdes of business, whether speculative
or not, the ultimate thing in his invest
ment list should be not only safe beyond
all question. but should also be beyond
all question salable. so that in the midst
of some sudden storm or unforeseen emcr-
Sency he. or his sons and heirs. may turn
the strong box upside down and take from
il the means of safety and the last
measure of security. The big investor
who has nothing in his box that can be
used or merchandised in times of distress
is as reckless as the skipper who goes to
sea without an anchor.
The Washington herald., 1913-09-06

a point on the average higher. Peoples
Gas, CChicaEOD rose IL points on the re-
port that there would be an increase in
the dividend rate.
Only SIO,OOG,OOO Out.
Bankers are very slow taking out their
allotment of crop money from the
Treasury.
OF the 55.OOO.OOO offered, but about NO.
OO0.OOO has been sent out, which would
seem to indicate that the full amount
will not be needed.
The lessened crops will not require as
much cash for moving purposes as at
first supposed.
Washington would welcome a little
more assistance from the hands of the
Treasury. There are a number OF ma
tiOnal banks that are generous to South
ern correspondents. within careful limits,
that have not even been considered in the
distribution. In view Of the fact that
OOl Philippine cash will be withdrawn
from two local banks within thirty days
and $4OOOOU more tax money within two
weeks. the Treasury could well afford to
be more liberal. Washington needs cash.
Local Stocks.
There was some little encouragement in
the action of the local stock market;
some promise in a recuSd of seven trans
actions. Prices showed no important
changes. Transactions were invariably
for investment. Railway common. 81:
preferred. ~: a little Capital Traction,
llG l.
Lanston sold at s.. a slight advance
over the last previous transaction. Dis
trict Bank. l45; Citizens, q; United
States Trust steady at l&5.
Bankers seem TO have quit all attempts
to compromise on the proposed currency
bill and are making such strenuous OBJ
jeCtions that even its trainers and
sponsors are becoming alarmed at the
outlook. The feeling that many small
banks and many large ones also will
their national charters and
operate under State authorization is hav-
ing a depressing effect. but it is also in
creasin- the feeling in the Senate that
there should he a full and free hearing
accorded to the financial interests of the
and that no measure TO which
"A large number of business institutions
and financial men object should be forced
through.
The resolution postpOning the Senate's
action until December * now before the
Finance Committee, hut the fun power
OF the administration is directed toward
its enactment.
The Washington herald., 1913-09-06
WEEKLY REVIEW OF TRADE
Purchasing Power of the Agricultural Communi-
ties Were Sustained Despite Crop Loss-Busi-
ness Outlook Considered Good, Tendency
Being TOWARD Expansion.

New York. Sept. 5.-R. C. Dun's re-
view tomorrow win say:
Early promise of remarkable crops
will not be fully realized, yet the pur-
chasing power of the agricultural COM
munity is sustained by high prices for
the leading farm products. Official con-
firmation of considerable deterioration
in cotton caused a sharp rise in that
staple, and corn again advanced on a
continuance of hot, dry weather in some
parts of the belt.
THE reduced harvests are calculated to
ultimately have some effect upon rail-
road freight traffic, but it is gratifying
that sentiment remains cheerful in spite
of the less favorable outlook in certain
directions.
There has been only a slight decrease
in pig iron output and the capacity of
the active furnaces at the opening of the
current month was greater than on Au-
gust l.
Wool is in steady request. with the
finer grades scarce. Leather remains
dull. and though footwear factories are
well engaged on other contracts, ad-
ditional orders will soon be needed to
prevent curtailment. Average daily bank
clearings during August showed a slight
loss in comparison with the same period
of 1912 and 1911, but total exchanges Nhis
week recorded gains OF 80 and Il per
cent. respectively, over the two preced-
ing years"
The Washington herald., 1913-09-06

New York. Sept. 5.-Bradstreets to-
morrow will say:
Business. though irregular. tends to
broaden. but there is evidence Of q de-
gree of conservatism, this latter being
more in evidence in the drought-afiicted
parts Of the Southwest than elsewhere
That restrictive influences intermingIe
with favorable factors cannot be de-
MED; but in general sense, and allow
ing for the diverse interests of the Coun-
try. affairs are more optimistic than
otherwise
The weeks developments have been
quickened by fall festivals. by the end
ing of the vacation season. by improved
sales Of commercial paper, and by the
actual necessity of covering require
ments. these influences offsetting the eff
fects of high temperatures in some Sec
tions.
Reports of light stocks. particularly OF
textiles, in the hands of manufacturers,
jobbers. and retailers are numerous, and
in consequence interior distributors have
placed larger ordes. save in sections
where drought damage has undoubtedly
wrought Ill effects. Pig iron Is firmer
buying for next year is cropping out.
but the market is probably not SO active
as il was last week.
Business failures for the week ended
September "a holiday were lag. which
compares with 269. last week and 1Sl
a year ago."
The Washington herald., 1913-09-06
MARKETS, FINANCE, COMMERCE
five fat cars from the Pressed Steel Car

five fat cars from the Pressed Steel Car
Company.
Reading anthracite shipments in Au-
gust were S55O0O tons as against LIS 900
tons in August, 1915, decrease Of 60OoO
tons.
The American Smelling and Refining
Company reports sales OF electrolytiC
copper at Is IL cents a pound this MORN
ing
The Senate Democrats. in caucus FRI
day afternoon. agreed to tax cotton fu-
lures lilo Of l per cent per pound.
London is buyer of Union Pacific
and Steel
W. u B. Hibbs & Co.-The admins
tration is worried over both the currency
bill and the tariff bill. President Will
half of both measures. Violent opposi-
ton to the currency bill exists in the
Senate. The tariff bill will not pass
the Senate by tomorrow night.
Senator Weeks says he has no hope of
passing his resolution to postpone ac-
ton on currency, as President Wilson Is
personally opposing the proposed post
pOnement.
The American Beet Sugar Company has
declared the regular quarterly dividend
of IL per cent on the preferred stock.
The known movements Of money for
the week ended with the close of bust
ness on Thursday indicate gain by the
local banks of SlOS,OOO The banks gained
net from the interior $3.50 but lost
S5.67G.o0j on their operations with the sub
treasury.
The pronounced strength in Steel was
partly result of the agitation for the
substitution of steel for wood in the
manufacture CT railroad passenger cars.
Such development in the transportation
industry would be quite a factor in the
steel trade.
5. B. Chaplin IL Co. to w. B. Hibbs
& Co--The market was turned upward
sharply against the shorts soon after the
opening. Most of the activity was by
the recent bull leaders, with no develop
ments favorlng such a movement. except
the statement that 20 per cent of the
southern Pacific stock had been disposed
of on recent subscriptions. The Charac-
ter Of the trading very plainly showed
the aggressiveness of the buying and
prices for all the active stocks were ad
vanced l to IL point under the leader
ship Of \. c. r. and L. p, which rose
> points on most OF the bull support be-
ing concentrated in those two stocks.
We think the conditions, however. are
too unfavOrable at present for any sue
cessful bull movement in the market.
+. & c. Randolph-The opening was
active and firm. all the leading issues
showing good sized fractional gains over
last night. The main influence was the
Statement made by Kuhn. Loeb & Co.
that only about S per cent of the syndi-
cate allotment Of Southern Pacific stock
would he left for the syndicate. This.
OF course, was much better than eN-
pected yesterday. A further favorable
influence was the decline in the COM
mOdities markets. Professionals worked
on the bull side and shorts covered quite
freely. causing further gains after the
opening. In the second hour the market
quieted down. but the gains were well
and the market is now close
to its highest, with gains running up to
about a point in many Of the leading
issues. The Copper stocks were again
notable feature of strength. The metal
ma rket continues to advance and an eX-
cellent producers statement 10 expected
Friday.
The Washington herald., 1913-09-06
NEW YORK PRODUCE.

New York. ScTt 5-MILLFEED-steady trade
moderate. Spring bran, in IoO-Tound Sacks, = 5
standard mddlinE BIS Western rcd dog. 5OcOa2l GO;
winter wheat. in l0opOund sacks. to arrive. = 10;
city bran, in bUlk 2I9
RYE FLOUR-Fim; business moderate Good to
choice quoted at 375aiO5. in barrels
CORNMEAL-Strung; supply measer. Kiln dried.
for export, $50; Cnsrse meal. in bags, L65al6
HAN-ReCNpts, !. fs tons. Steady: choice saIabIe
but low grades are easy. No. l timothy. LO5sl 10
standard at 90; No. , s5ag7i. No. }. $3.50
STRAW-ReceiTts 20 tons; slow. Long Ne new,
quoted at S.
PnRH-S'runG. limited supply. Mes. 2%aS75;
family. = 5Oa7 60.
BEEF-Quiet: supTly limited. Packet l9OOaD 90 ;
family 21.OOlZ2Oo
rru. u.7O; refined continent l225: South American
l25; refined brazilian in Kegs l3s5: beef stearne,
81 asked: lard stearine inactive; New York, lJE
Louisville" Ky. has established an open-air
sTlggl
The Washington herald., 1913-09-06
NEW YORK MONEY.

New York. Sept. 5.-Can money opened at ) per
cent high, per cent: low. per cent; renewals, !
per cent. and closed at "a pr cent ruling rates.
, per cent.
There Is little inquiry for time money. but on
the whole the market is quiet. What business is
bCng done embraces all maturitics.
Rates iaih per cent for sixty days 4izaiSs per
cent for ninety days, and per eent for four. fvs
and siN months.
Tie Commercial Taper market shows little
The Washington herald., 1913-09-06
WALL STREET GOSSIP

Onatavia-Very good buying in Copper.
the market will do better.
hanks on Thursday. reducing the cash
net gain since Friday to S,576,OO
The Grand Rapids and Indiana has
ordered sixty steel gondola cars from
the Cambria Steel Company and eighty
The Washington herald., 1913-09-06
WEEKLY BANK CLEARINGS.

New York, Sept. 5.-Bank CleaTinss in the United
States for the week ended september aggregate
Se So $4,000. against S2.722 $500 last week and
S2 GCs gl2O) in this week last year. Following are
the returns for this week. with percentages Cf
Lause from this week last year:
The Washington herald., 1913-09-06
WASHINGTON STOCK EXCHANGE.

Sales Regular call y O'Clock nom.
CaUital Traction. At lI6ik
Wash. Ry. & Elcc rid. Il At 81, at So.
District National Bank. 10 al rs
United States Trust. 10 at IB.
After call:
Wash. Ry Elec. CON- IS AZ %
Citizens Saving Bank, 70 az q.
LanS:nn ~ al q
The Washington herald., 1913-09-06
FINANCIAL.

I3aI4; do, do, smaller h.. L; pigeons young per
pair, 20; do. old. per pair, .; guinea fO~l. old
each, 90 do do. young. IL lbs. and over, 55; do,
do young smaller, each, Sai5.
The Washington herald., 1913-09-06

A gelatine dynamite which gives of no poisonous
fumes has bceu developed ty the United States
Bureau nf Mina4
The Washington herald., 1913-09-06
Dates Advanced.

Citizens Savings Bank shareholders
will vote on the merger proposition on
the l-tn instant District National stock
Eulders on the I'd instant. October Will
roll around before the merge.
The PonnsylvanA Company has A lease
with ten years to run Of the main floor
Of the Home Life Building. the property
OF the Citizens Savings Bank.
This lease could not he prIed loose with
a Jimmy. with both the southern ami
Baltimore and Ohio roads adjoining.
There never was the slightest intent r.
move the District Bank into that corner
at least until the expiration Of the Penn
sylvauia lease. This lease stood in the
way Of the sale Of the entire property
some years ago. and it also forced the
Citizens Bank to lease ltS present homo.
In the merger Citizens shares will be
traded in multiples Of 20. no fractions. 1t
will he necessary to even holdings.
Treasurer-CashirrW Walters IS assisting
shareholders having less than twentE
shares or odd lots over this amount tc
get together on a trading basis. There
viii he more or less evening up buying
on change
The Washington herald., 1913-09-06

More than 500 Cleveland stores now tAks precar
tons which almost tntallT s1clnds hieG