davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

|
SOS, Al. 462. Exports and imports for nine
months fall on about 500. 600 900 each
Moler--The fine outlook for the new
crop and the easier money market con-
ditions which are certain to follow the
greater relaxation in the general money
situation in Europe and the Continent,
with the end Of the Balkan war now in
sight, will encourage q better general
investment demand for good bonds and
seasoned dividend-paying stocks. More
over, the reductions in tariff will be re-
garded as less terrifying and not so in
furious to general business.
While no active bull campaign is likely
to develop. it Is believed more money
can be made In following a conservative
trading position on the bull side and
buying good stocks on declines for mod
crate turns than in short sales.
Buying in Mexican Petroleum yester-
day was characterized by heavy short
covering. due to the president of the
company's statement regarding earnings
and also to fear Of possible dividend
increase at the meeting yesterday after
noon.
The California Petroleum Corporation
and the Mexican Petroleum Company
will shortly issue their first quarterly
statements. California; Petroleum's earn
ings before depreciation for the first
three months Of 1913. March estimated
are at rate Of slightly less than per
cent per annum on common stock, based
on 10 per cent before depreciation on
common stock. The depreciation charge
will be 10 per cent a barrel Earnings
are at the rate sufficient to pay common
and preferred dividends. and show a
balance after depreciation.
Mexican Petroleum is earning at the
rate of slightly more than 10 per cent
on its common stock after depreciation.
The Maryland Steel Company has re-
ceived orders for 1850 tons of rails from
the Atlantic Coast Line Railroad and
5000 tons from the Baltimore and Ohio.
A dispatch from Los Angeles to Z. F.
Hutton & Co. says that the directors of
the Mexican Petroleum Company have
declared dividend Of IL per cent for
the quarter. This is an Increase of -
per cent over the previous dividend on
the common stock. which was paid on
March / last.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

ket for time accommodation. Lending institutions
in spots disposed to put out funds with some
what greater hberality.
Rates for mixel collateral loans are ~ per cent
for sixty days. F<als per cent for ninety days, and
~ per cent for five and six months. The CORE
spending rates for all industrials HAN per cent
higref.
An easier tone has also developed in the CONNER
cia paper market The range for the best names
remains at 5sa6 per cent but the bulk Of the
Is moving at the lowest figure. Inactivity still
characterzes the market London discounts u-6
per cent. Oh Y; Paris discounts, ~ per cent, un-
changed: Berlin discounts ~ per cent, up Il.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
OUTSIDE SECURITY NOTES.

New York. April 1s.-Dealinss in the market for
outside securities were upon a somewhat smaller
scale today, and while prices showed more or less
irregulsrity, the general tone somewhat better
than that which prevailed in the last hour on Thurs
day. Tonopah Extension showed strength, as did
Ohio Copper.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
British Brokerage House Fails.

London. April R,-Announcement was
made today on the Stock Exchange OF
the failure of Montmorency & Co., brok-
ers
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
Four Hurt In 100000 Fire.

Rices Landing Pa. April 1s.-Four men
were injured and property valued at
SIOe, 900 was destroyed in fire here to-
day. Dynamite was used to save the
village from being consumed
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
NEW YORK MONEY.

New York, April ls-Call money opened 2z DER
cent; high. %: low. ga; renewals "a; closed, "a
ruling rate, a<.
The further decline OF foreign discounts in the
wake Of the Bank Of England reduction, has re-
fected itself in easier tendency In the local mar.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
London copper firm, of IS.

The foreign exchange market opened
weak, with demand sterling of Is points
from Thursdays close.
Potts.-The result of the ST. Paul bond
issue has put somewhat of a damper
on the street 1t was. thought bonds of
this caliber, bearing such a high rate
of interest, would De gobbled up by in
vestors. If the public will not buy
these bonds, what chance have the
bankers to sell stocks at the present
level? In my opinion they have none at
all. Sooner or later they will become
tired and sell on falling market l
look for decidedly lower prices, with
occasional rallies, when the short in
terest becomes over-extended. At pres
ent 1 do not believe the short interest is
as large as it appears on the surface.
Continued strength characterized the
copper metal market this morning, and
producers and selling agencies report no
difficulty in doing business on basis of
15& cents for electrolytic.. The uncer-
tainty in the London standard market
has checked European buying here to
some extent, but the demand from do
nestle consumers was declared to be
entirely satisfactory. In some quarters
will go to is cents within the next week
or ten days.
acknowledgements was made on
the stock exchange today of the failure
Of H. L. Montmorency & Co.. brokers.
Imports into the United States in March
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
NEW YORK COTTON.
WEEKLY BANK CLEARINGS.

New York. April 1s-Bank cearings in the
United States for the week ended April II aggre-
gate s.. 10000 against S,o72 900 last week.
and S7l, $4,000 in this week last year. Following
are the returns for this week with percentages of
change from this week last year:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

New York, April ls.-Uosing quotations Of mis-
cellaneous bonds:
New York Central as, 1857 ............... lcc4.
American T. T. cvt. AIS, reefs full paid. l02s
Atcbison Topeka & Santa Fe gen. 4s........... 93z
Baltimore Ohio cvt 4ias. reefs full paid. 92s
Brocklyn Rapid Transit ACKNOWLEDGEMENTS. 50
Chicago, Burlington Quincy Joint 4s.......... 9ik
Chicago Milwaukee 4 ST. Paul gen. 4l.s...... s9ls
Chicago Northwestern gen. 4s................. 92A
Chicago Rock Island & Pacific COL 4s........... COX
Lake Shore g. 1873. sos
New York Central L. s. yss.................... sos
New York Railways adj. 5s................... 57a.
Northern Pacific 9iS
Penna 3ss 1915. 96N
Reading general 95i2
st. Louis San Francisco gen. 5s............ Ten
Southern Pacific cvt. OBSERVATION-DISCLOSURES. Ssx
Union Pacific 1st SIS
United States Steel sinking fund 5s......... lois
Wabash F. T. lst 1871
Total sales s. i 900. against 81 $50 900 yesterday
S. 400 900 a week ago, and 1878. 600 n year ago
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
MARKETS--FINANCE COMMERCE

"a
curities which were guaranteed tax ex-
empt at the time they were issued
There is one class OF investments,
however, to which no such uncertainty
attaches These are municipal bonds.
Section c provides that In computing
net income there should be excluded the
interest upon the obligations of the State
or political subdivision thereof, and upon
the obligations of the United States,
the principal and interest of which are
now exempt by law from Federal taxa
ton In other words, the income from
all municipal bonds is exempt.
Since this tax will naturally revert to
the source on which ii is levied, and
to that extent reduce the market value
OF the stocks or bonds so affected, it
is reasonable to conclude that munipicaI
bonds will receive a special advantage
over other classes of securities which
should enhance their attractiveness as
investments.
Munsey Trust Company.
AS announced exclusively in The WASH
ington Herald on Thursday morning.
Frank a. Munsey will head a trust COM
pany bearing his name to open for bust
ness i'm Washington next month.
Subscription books open here and in
Baltimore on the Goth instant, and close
the same day. The advertisement of the
proposed venture cites success of local
trust companies, made after years OF
honest effort to uphnild, and other per-
tinent matters.
Washington already has six trust CON-
panies, twelve national banks, and six
teen savings banks, and the field is be.
ing combed for deposits Thirty-fou,.
fiscal institutions in a city of this size
ought to be about enough.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
WASHINGTON STOCK EXCHANGE

Sales-Regular call, I2 O'Clock noon:
Washington Gas S. 500 at 106s.
Capital Traction S. 500 at l09%.
Norfolk & Western Steamboat IS. 500 at 100. $50
at los. 500 at l05. 500 at los.
Capital Traction. at 12&
Washington Railway 4 Electric CON-, 100 at e.
Washington Railway 4 Electric pfd, at se, at
2k.
LAnston, 10 at IS.
Second National Bank, 10 at lsea. 10 a. 1924 at
IGN. 10 at l62x.
After call:
Potomac cons. s., 5000 at 1ooss. 5000 at l00s,
81 900 a. l0oA.
Washington Gas IS, 81 900 AZ 1854.
Washington Cas- Is at s5S
Mergenthaler 10 at 2ls. 10 at 1sE. 10 at 2sss, 10
a. 21S1t 10 at 21Sth.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

4 stimulus to the municipal security
market should result from the interpre-
tation of the proposed income tax law.
In many instances it is now almost i'm
possible to ascertain with any degree
OF certainty just what proportion of an
individuals income from investments is
taxable and what is exempt. Already
many important questions have been
raised relative to the Interpretation of
the various clauses. more particularly
relating to railroad and industrial Sc
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
FRIDAYS DECLINES.
FRIDAYS GAINS.
MISCELLANEOUS BONDS.

Mexican Pet. BY Cali. Pet. ......1%
Va. Chem. 80. "
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

were valued at SIS, 4@ 400, against Sl57,
577.oSs in 1912. Exports 1851. $50. agains,
sos Al. 462. Exports and imports for nins
months fall on about 500, 900, 900 each.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
Mexican Petroleum.

Action in Mexican Petroleum, one OF
the speculative stocks that shows more
or less activity every day, was heavy.
II opened at about Thursdays closing,
6OI.. and then rose more or less stead
lily to 651z, with shorts covering freely.
From the high there was slight re-
action.
California Petroleum gained also. but
nothing like as much as the Mexican,
but rs advance being established.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
WALL Street GOSSIP

Exports of copper for the week ended
April II were 7,4S4 tons; since April 1,
1870 tons; last year. 1926 tons
London-Business toward the close was
quiet, and the markets were inclined to
sag.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

Pittsburgh now seems evident that
the pig iron market has struck bottom
and has begun to go up again. Foundry
iron sales have been made on the basis
Of $18.65, Pittsburg. Inquiries are on the
increase. with furnace interests showing
inclination to hold back from accepting
new business at this time. There is a
serious shortage of foundry iron, and
consumers are in urgent need Of new
tonnage.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

The Nevada Consolidated Copper Com
pany reports for the year ended Decem-
Der 81, 1912, a surplus, after dividends
and ore extinguishment, of 81, 343 1886.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

The foreign exchange market opened
weak, with demand sterling OF Is points
from Thursdays close.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

The Chino Copper Company reports for
the year ended December 81, 1912: Copper
produced, 27.776,0S pounds ($4,344.262): op-
Grating expenses. s.. 1872, O93; net operating
profits, $2212,169; surplus, s., ,905.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19
CHICAGO GRAIN MARKET.

Ex dividend.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

The Ray Consolidated Copper Company
reports for the year ended December, 81
1872: Copper production increase, 3,513 $50
operating expenses increase, sl,s54. 35l
net operating revenue increase, s1,666, 661
surplus increase, 81, 63O,622
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-04-19

The closing was better than the low OF
the day, without any enlargement of
operations. 245,ooo shares being Fridays
record.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28
1.-THE HAVOC"
At Cottilion Hall, Thursday Evening,
October 30.

Inc excessive use of alcoholic slim
ulants is ordinarily to be quite severe
ly condemned; it would indeed be diff
1lcult to imagine circumstances under
Whlch overindulgence in the cup that
temporarily cheers might be condon-
ed. but at this junction, one rises to
remark that this extraordinary cir
cumstance has been discovered. Had
1t not been for the alcoholic tender
cles or the leading man with Paul Gill
more's Associated Players, that in
dlvldual might possibly have lived to
appear in 1.-THE Havoc" at the Salt
Lake theatre last night AS it hap
pened, his fondness for ardent spirits
proved his undoing and Paul Gilmore
himself, after a flying trip across the
continent, appeared in the part made
famous by Henry Miller.
Mr.. Gilmore has been playing the
leading role in another company that
is rendering THE Hovoc' in the east.
When he learned last Friday night
that his trusted employee in the west
ern company had fallen off the water
cart with resounding bump, Mr.. Gil
more packed his trunk and came post
haste to Utah. AS Is the way with
trunks on western railroads, it failed
to arrive at the same time as its mas
ter. That circumstance required Mr.
Gilmore to appear in the wintry first
act attired in the summer suit in
which he had crossed the continent,
also in the second eighteen months
later and likewise still three years
later. Up to the third act, Mr. Gilmore
had made no statements as to these
unpropitious circumstances. and the
excellent wearing qualities of this suit
of clothing inspired every man In the
audience to seek opportunity to confer
with the star as to the address Of the
tailor. However, an appreciative audi
ence demanded a curtain speech after
the second act, which gave Mr.. Gil
more his opportunity to explain. While
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28
JENSEN CREAMERY STAND TRIAL
Charged by Commissioner Wallis With
Defrauding Farmers.

Three complaints under the new
Babcock testing law, passed by the
last legislature were filed in Judge
Dunbars court Monday afternoon by
County Attorney Owens and sworn to
H. Wallis. The trial of these cases
will without doubt attract much in
terest among the farmers of the state,
because they involve false reading
of the Babcock testing machine. The
new law was passed as result of
the united efforts of the cream pro-
ducing interests of the state and Com
mission Wallis, the bill being intro
duced by Representatives McDermott
and Lewis, and provides penalty in
the case of "any person, tester, in
spector, firm or corporation" who
falsely, improperly manipulates,
over-reads or under-reads, or in any
other manner makes, announces or
records any raise or untrue test of
either butter or cream
The three cases are brought against
the Jensen Creamery company, one al
leging an offense to have been COM
mitted on the 14th day of August,
1913; another on the 18th day of the
same month, and another on the 18th
day of August, and charge that the
said defendant Jensen Creamery COM
pany, corporation, organized and ex-
listing under and by virtue of and in
compliance with the laws of the state
of Utah. hanng Its principal place of
business at Boise City. Ada county.
state of Idaho, and in the city OF
Boise. in the county of Ada. state of
Idaho, on or about the 18th day of Au-
gust, 1918, did wilfully, unlawfully
and falsely under-read, announce and
record false and untrue test Of
cream of said Noise Cooperative
Creamery company. and sold by the
said Boise Cooperative Creamery
company to the said defendant by
them and there certifying that the
said cream tested % per cent butter
fat. az shown by the Rabcock test.
when in truth and In fact the said
I!cream showed by said Babcock test IS
lper cent Of butter fat.
The cases were filed too late to per-
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28
ODD FELLOWS CLOSE SESSION
Meeting in Weiser Most Successful in.
History of Order.

The most successful grand encamD-
ment of Idaho Odd Fellows, Rebekahs-
and affiliated organizations in the his
tory Of the order came to close at
ter the election of grand lodge Of
ficers and the selection of Boise as
the 1914 convention city.
Officers of the grand lodge are:
Judge Ailshie, grand master; Tim
Driscoll, Payette, deputy grand mas
ter; Harry James, Boise, grand war
den; Presley Horne, Caldwell, grand
secretary; William Coughanour, Pay
cite, grand treasurer. The board of
directors remain the same as hereto
| FORE
For the Rebekah grand lodge the Of
ficers are: Alma M White, Rupert.
president; r. Mae Gilbert, Harrison,
vice president; Florence Crosson,
Boise, secretary; Augusta Johnson.
Occur dAlene, warden; Edna Ross.
Parma, treasurer; Bertha Bow1by, Ru-
pert, marshal; Mrs. Henry, Idaho
Falls, conductor; Agnes Thompson,
Mullan, chaplain; Mrs. Farman, Sand
point, inside guard; Frances Venahle,
outside guard.
The four days which the convention
has been in session have been filled
to repletion with secret work Of the
orders during morning and afternoon
and the evenings have been crowded
with receptions, fetes and banquets.
| Weiser, in the expressed opinion OF
many of the several hundred dele
gates, did herself proud as hostess
and the encampment is regarded as a.
success in every way.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

cutive committee of the Missionary
Union of Twin Falls Thursday after
noon of this week. The meeting will
be held in the office of the pastor of
the Christian church, corner of Sec
ond street and 4th avenue East All
presidents and secretaries of the mis-
sionary societies of the different
churches of the city are requested to
be present.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

James Nelson. who was brought to
this city last week from Buhl by Sher-
III Vanausdeln, was tried before Pro-
bate Judge ]. NJ. Shank for his sanity.
He was sept to the mental institu-
ton at Blackfoot Saturday morning,
an attendent from that institution
coming for him.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Twin Falls Homestead lila Broth
erhood of American Yeomen, celebrat-
ed their second annual children's fes-
tival Oct. oath, consisting of songs
and recitations by the Yeomen chill
dren. Refreshments were served
with nuts and candy for the children.
The four winning prizes given by the
supreme lodge were, Hazel Peters,
William Snodgrass, Nettie Kendall and
Willard McEwen.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mr.. and Mrs. David Eikenberry. who
have been visiting for several weeks
with their daughter, Mrs. Ira E. Fin
ney, departed yesterday morning for
their home in Flora, Indiana. They
were more than pleased with Twin
Falls and the surrounding country.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Archdeacon Howard Stoy left yes
terday morning for his home in Poca
tello, after holding services in thu
Episcopal church Sunday.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mrs. w. G. Thompson and little
daughter, departed Saturday morning
for Iowa, where they will visit with
the father of Mrs. Thompson for sew
eral weeks,
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

init OF service on the defendant COM
pany, but process will be served to-
day. Judge Dunbar set the cases for
hearing next Monday. Under the stat
utes, where corporation is made de-
PENDANT in criminal prosecution SER
vice is made by summons and three
days is allowed in which to answer
Statesman.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

H. B. Lue, the auctioneer. spent Fri
day in American Falls, where he con-
Quoted sale Of horses for johnson
and Conner Of this city. Mr.. Lue stat
ed that the horses brought first class
price all the way through. Mr.. Lue
has had the offer to cry several big
sales at that place in the near future.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

F. E. Hatmaker, day operator at the
Oregon Short Line depot, returned
Friday from Pocatello, where he had
been in attendance at the Masonic
meeting
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

he- said nothing about it one may as
sumo that if the trunk arrives early
enough today be will appear at this.
afternoons and tonight's performance
as perfectly equipped sartorially as
otherwise.-Salt Lake Telegram.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mrs. A. L. Ashby, who has been on
the tract for several weeks looking at
ter her farm on the Salmon tract, re-
turned to her home in Albany. Ore
gon, Saturday evening. Mr.. and Mrs,
hshby will return here In the spring
a Id besides improving their Salmon
lnnd will build residence in this
city.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Miss Edna L. Dawes, who had been
visiting with her cousin, DR.. r. A. Par
rott, left yesterday morning for Chi
cago, where she will visit with rela-
tives for several months before re-
turning to her home in Wrangell,
Alaska.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mesdames w. J. Ketsch and George
D. Crockett were shoppers in TwiI
Falls for a day the middle of the weel
from their home on Rock Creek.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

A. E. Moon left Saturday for Roger
son, where he had secured the con-
tract for the construction of store
building 25x75 for Helsley Brothers.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Sam Crismor returned Saturday
from Weiser, where he had been at
tending the annual meeting of the
Grand Lodge of Idaho, I. 0. 0. f.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mr.. and Mrs. Willard Wyatt return
ed the last of the week from an auto
trip which took them through all
parts Of California and as far south
as the Mexican border. Mr.. Wyatt re-
ports as having had fine trip and
that they travelled more than 300
miles.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

Mr.. and Mrs. Harold M. Sims of Hol-
lister, were in the city for couple of
days the last of the week. Mr.. Sims is
now editor of the HOLSTER Herald and
was in the city on business in con-
nection with that publication.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

J. r. and William Brubaker were
business visitors in Twin Falls for q
day the middle of the week from
their homes in Burley.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

A. McDermid, postmaster of the
growing town of Kimberly, was bust
ness visitor in the county seat Friday
of last week.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

G. M. Hill returned to his home in
Boise Saturday after spending several
days in the city looking after the ship
ment of his apples.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

George Ccott, one of the pioneer res
idents of the Salmon River country, is
in the city today having been called
here on business.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-10-28

r. w. Jones arrived in the city Sun
day from his home in Long Beach,
California, and will remain here for
some time looking after his property
interests.