davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
LIKELY To PASS
ITSDIVIDEND ON
COMMON STOCK
Virginia-CaroIina ChemicaI Not
Enjoying Prosperous Year,
Bad Debt RumorS Denied.

1t is accepted as pretty well deter
mined that Virginia Carolina Chem
zeal win pass the per cent dividend
on its $279S4.OO common stock
During the 1911 and 1912 years the
company maintained the 3 per cent
dividend although in neither year
was the balance above the preferred
sufficient 10 make a common dividend
entirely conservative. In 1911 the
company earned S11 per cent for
its common, and in 1912 31S per cent,
30 that in paying 3 per cent it was
practically distributing its entire bal
ance of profits to stockholders.
Had earnings come back strong
:his year with showing of s per
cent to 10 per cent for the common,
continuance of the per cent rate
would probably have been assured.
But the fiscal year is panning out
indifferently The company win in
fact hardly earn even per cent on
its common. There has been some
recovery IN fertilizer net this year
but considerable recession in prof
its from the cotton oil department.
Taking the business as whole profits
will fan somewhat below the 1912
total of $3,55T452.
Tonnage OF fertilizers has done
very well this year. The gain in ton
mage moved will vary between Z per
cent and IT, per cent over 1912 show
ing, putting the aggregate back close
to the 1911 record. But there has
not been nearly the net money in
fertilizer sales that existed three or
four years ago and for reasons for
which the Virginia Carolina Chemi-
cal is not at all 10 blame.
There have been rumors in New
York that Virginia Carolina had
big bulk Of bad debts which il must
charge off its books and that ii was
the existence Of some such secret aC-
count that was causing the antics
Of the stocks I'm the market This
is denied
As a matter Of fact the company
regularly sets up a certain percentage
Of gross rs reserve for bad debts and
II has rarely ever been obliged to
use this entire years set up for that
purpose. For the last 10 years bad
debts have averaged less than / per
cent per annum. which is creditable.
considering the long credits which
are given in the fertilizer industry.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
Frisco Case Similar
To Many Preceding
If Winchel Is ousted as Receiver il
Will Not Be First instance
of Kind.

NEW YORK. June 2S.-If B. f..
WinchelI should resign as one Of the
Frisco receivers it will not be the
first time that the president of a
railroad has met with such an expe-
ria,ca
IN January OF 1898 the PhIIadeI-
phia & Reading Railroad. supposed
w in sound financial condition
LA -. - ooo ooo -.
SUI "'"'N 81 S".o00'OOO oo'uS
without any difficulty, and on Feb
ruary I the Comuanv distributed its
reer,,Iar 60 ooo am di,iderd on Eab-
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
NEW EVIDENCE
Of SLOW BOND
MARKET FOUND
thoughtful Bankers in All Money
Centers Advising Caution in
Floating New Issues.

Fresh evidence of the unwilling
ness Of the investigating public to
take any security issues which do not
carry especially attractive interest
rates has beep furnished by the de-
cision of the State OF New York to
sell $2IOOO,O0O Of eight-month notes
on a 486 per cent basis, and by the
inability OF the State of Tennessee
to get an offer satisfactory to the
authorities for s1O,5OO.OOO of refund
ing bonds.
Not only are the leading railroads
and industrial corporations discover
ing that the money market is not
open to them on the terms 20 which
they have been accustomed, but mu-
inequalities and State governments
are finding it expedient to scale down
their expenditures in view of the
high cost Of present day financing
This condition does not reflect par
ticuIarly on the United States, for
the conditions are world wide.
4 AlDb : lltA "a bdllNNl y III dil VI 'lht lNdh
ing centers are men advocating more
caution in the flotation of new Sc
curity issues.
The past month witnessed an en-
forced slowing down in the output
Of new issues in the United States.
Including New York City's big offer
ing of $4,000 GOO Of 4 1-2 bonds. the
total of long-term municipal issues
sold in May was OS2,210,OOO which
compares with O9S, S52 900 for the cor
responding month Of last year, whCu
$65, 600, GOO 4 LIS We're put out by
New York City
There We're more than ninety Of
ferings Of municipal issues in May
which proved complete or partial fail
ures, the total amount involved being
nineteen millions. In April there were
y offerings which failed. aggregat-
ing eighteen millions. Besides these,
number of issues were disposed OF
only after one or more unsuccessful
attempts
While the total offering Of munich
pal issues last month was about $40
100000 less than for the correspond
ing month of 1912. it was far in eX-
cess of the amount brought ont in
that month of any year other than
1912. In 1871 the aggregate was $33.-
765, 600, in 1910 lS,7670r0, and in
1909. $2T579,O 900 The big increase
shown in the last sWo years over
other years was mainly due to the
large sales by the City Of New York.
Corporation financing in May was
much below that for last year. owing
to the inability of many borrowers
to obtain satisfactory terms The
railroads. according to The Journal
of Commerce figures. sold in May an
aggregate of $2S.595,000 of bonds.
S34,924,000 of notes, and S1I092. 900
Of stocks a grand total of about $50. p
$1,000. This is nearly $4,000 00u
less than the total financing arranged
in May. 1912. The industrial com
panies sold a much smaller amount
Gf bonds this year, but greatly in
creased their short-term notes ont
standing
This contraction i'm the investment
demand has been much slower in
making itself felt in Great Britain.
where it is believed that the cur
rem year will exceed all others in
the amount Of new capital raised.
The quantity of new securities float
ed already in London has been so
great that underwriters and others
have begun to call a halt.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1913-06-06
Fourth District Congressman
is Placed on the Invalid
Pension Committee.
tsYre,sL TO raE TELsaaAsS
yiAGEJ5NJfsTON. N n. Juns

WIASHdNGTON, ID. Co June o.
Watching carefully after the inter
ests of the old soldiers. Congressman
H. II. Moss, of Parkersburg, who
has been assigned to the committee
on invalid pensions. has introduced
a number Of bills in the interest OF
numerous old soldiers in his district.
The bills he has introduced provide
for the increasing of the pensions
now paid to G. w. Stats. Evans;
Robert fC. Stanley, Harrisyflle: J.. D.
Livingston. Friendly; James r. Bar
rett, Elizabeth; James A. Cochran
and George T. Coalrider. BellevilIe;
James A. Fossitt. Pennsboro; G. M.
DolIman, Walker; Otillie Buzzard,
Elizabeth Taggart, Sarah e. Pratt.
Milton Laird, George w. James.
Sarah p. Deem, Reuben B. Taylor,
James T. Pigott and Margaret j.
Berry, ParkersbuFg.
Original pensions are provided for
in bills introduced by Congressman
Moss as follosw:
John w. Alexander and Eliza J.
Gay. Parkersburg; Charles w. Cum
ningham National Soldiers, Home,
Tenn: Willis Mollohan. Caress; and
Elijah Suliven. washburn.
Congressman Moss has also intro
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1913-06-06
MOSES PENSION WORK
IS GIVEN RECOGNITION

duced other bills as follows: To pay
Joseph p. Jones, Parkersburg, 3d.
600 for injuries received while build
ing the Parkersburg postofIice; to
pay Felix Morgan $500 for injuries
TO his eyes received many years ago
while working on the construction of
a government lock and dam in the,
Little Kanawah river; to pay $4,000
to Miss Bessie Meek. Parkersburg.
whose husband lost his life while
employed as a rural mail carrier; to
pay $4,000 to John Cats. Parkers-
burg; to donate two cannon to the
Grand Army Post at Ripley; and to
correct the military records of VIII
liam NJ. Cheuyront, Palestine: and
William Is. Lane, Rayenswood.
Pension claims allowed through
congressman Moss include Norman
Arnett, Alvy; James A. Carpenter.
Ernst; Isaac N. czigan. Auburn; os-
car Hooce, Parkersburg: John a.
Hoff, Spencer; Nathan ireland. JOS
eph's Mills; Oscar Kelley. Mount
Zion; John Miracle, Parkersburg;
Hampton Milled. Cottageville; James
S. McHenry, .AdIai; Vincent L. Rey-
nolds. Elizabeth; Martin Smith,
smithville; Daniel .Snider. Eliza
beth; John NJ. Smith. Wilbur; ana
William NJ. zinn, oxford.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1913-06-06
Special To The Public

Help your friends who are in the auto
mobile contest while this sale is on. Your
vote books are good as cash on your pur-
chases. This is your grand opportunity to
ard save lot of money at the same time.
Buy all your summer clothes now.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1913-06-06

China's new government will es-
tablish an arsenal of the largest and
most improved type to keep home
the great amount of money expended
abroad each year for the purchase
of munitions of war.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
II STUDENTS TAKE
THE NORMAL COURSE

At the Pendleton high school class
Of u young ladies are now taking the
normal course which course when
completed will entitle graduate to
years certificate for teaching pur-
poses. The high school normal course
is provided for by state law but with
the exception Of one year no such
instruction has been given in the high
school because Of not having suffi-
ciently large class.
The course as it will be given this
semester will consist of four subjects
as follows:
1-School law. courses Of study
program ana school management.
Methods, Colgrove's Teacher
and School"
S-Principles of education and His
tory of education.
4-American history; civil govern
ment.
Those now enrolled in the norma
class are Sylvia McCarty, Carrie Fer
guson, Jean Henderson, Pearl Tay'
lor, Jean Henderson, Hazel Adams
Elsie Straughan, Ella Haw, Elsie Nc
Reynolds, Ila Sturdivant and Marie
Purdy.
| The instruction is given by Super
| intendent Landers and Principa
Hampton Of the high school.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
DROPS TO DEATH
FROM BALLOON ROPE

WOODSTOCK, Conn. Sept. H.
Thirteen-year-old George Dernier,
who was holding guy rope TO bal
loop, while 1t was being inflated pre-
paratory to an ascension at the local
fair yesterday afternoon, was sudden
~ carried 500 feet in the air and then
dropped to instant death in front OF
the grandstand. where 5000 people
We're assembled.
In order to secure a better hold on
the guy rope, during the initiation OF
the balloon, the boy wound the rope
about his waist several times. When
the balloonist, Harold Gates of New
buryport, Mass, started his ascension
the boy did not have time to unwind
the rope and was carried swiftly up
ward. Gales was not aware of the
boys predicament until the rope had
unwound itself and the boy was dash
ed 20 death.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
SHIP ENTERS PORT
DESPITE PROTESTS

PUERTA PLATA. Dominican Re
public. Tuesday. Sept 1s.-The Unit
States cruiser Des Moines, ordered to
Dominican waters by Washington, to
protect American interests. arrived q
Puerta Plata where two Dominican
gunboats were blockading the port
The steamer Seminole of the clyde
line was stopped, boarded byan off
Ger from one of the gunboats and told
she could not enter the harbor. The
captain of the Seminole replied that
ne would enter anyway and taking
the boarding officer along if he did
not leave the ship. The officer hur-
riedly returned TO the gunboat and
the Seminole entered the port. The
lolockading boats steamed away.
The Seminole had cleared from
New York before the blockade Of Pu-
eEta Plata had been declared and
having no munitions Of war aboard,
and relying upon the presence of the
.Des Moines, she entered the port
without fear of molestation.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
OREGON LUMBER YARD
RECEIVES CONTRACT

Through a contract made today be-
tween the Oregon Lumber Yard of
this city and the Bent Construction
Co.. and jeffrey G. Button, the two
concerns will construct the Pendleton
gravity water system and the new res
ervoirs, the lumber yard gets the bus
mess of supplying the cement, sand,
gravel and other material to be used
In the construction work.
1t Is estimated by A. II. Cox, man
ager of the oregon Lumber Yard, that
the contract will require 125 cars of
cement. This cement Is to be deliv-
cred in Pendleton, Mission, Cayuse
and Thorn Hollow The cement for
use on the reservoirs and for the con-
struction of the pipe line near the
city will be shipped here. while the
other stations win be used for ham
ding the material to be used In their
respective vicinitles.
In building the pipe line the con-
tractors will establish pipe manufac-
turing plants at the various points
and from those points will haul their
cement pipe to the right of way OF
the pipe line.
The delivery OF the material Is to
begin here within two weeks time
and the contract made with the Ore
gon Lumber Yard WIFI reach the
neighborhood of $4,000.
The Bent Construction company
has the contract for constructing the
pipe line and jeffrey & Button the
reservoirs.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
PERSONAL
MENTION

Earl Pollock of Vale is a visitor in
the city today.
Roy Williams. Walla Walla violin
ist, is in Pendleton today.
winn Stewart is in the city today
visiting his mother and sisters.
Harold F. Warner of Pilot Rock,
was visitor in the city last evening.
Mrs. NJ. ]. Moran, wife of the Cay
use section foreman. was visitor in
Pendleton yesterday.
Mr. and Mrs. Will Church of La
Grande are visiting friends and rel
atives in the city.
Ernest Hartman, brother of George
Hartman, Jr., was with the Portland
ers at the Roundup
James p. Neal, Freewater attorney.
came down this morning from the
east end of the county.
James Lipscomb, an old time o. r.
4 n. operator here, was here with the
visiting crowd last week. ~.
NJ. d. Orange, the Pilot ROCK drug
gist, was among the residents of that
town In the city last evening
Chas. Cowen. owner of Irvington
Heights, is to leave this evening for
Seattle, going via Walla Walla.
Mrs j. s. Landers left today for
White Bluffs, Wash. where she will
attend the wedding OF her sister,
DIR. w ]. Stapish. head of the West
ern Land & Irrigation Co., came over
this morning from his home at Walla
Walla.
! c. NJ. McReynolds, young Hood
River business man, is in the city
visiting his cousins, Glen and GalS
Sturdivant.
| DR. l.. d. Idleman. dentist, will be
away from the city until october 3
taking post graduate work in Port
land and Spokane.
William Holden of Eugene, who wa!
visiting at the Lot Livermore hom'
during the Roundup. has returned tC
the Willamette valley.
Misses Nora and Mabel Manerud o
Eugene, who were the guests of Mis-
Lotta Livermore during the Roundup
have returned to their home.
DR. l.. d. Idleman left yesterda,
for Spokane and Portland in whicl
place he will take postgraduate work
returning to Pendleton october 8
Mrs. w. A. Rhodes, wife of tn
Hotel ST. George restaurant proprie
tor. is to leave tonight for Perham
Mimi, to visit with relatives MI
Rhodes will accompany her as ia
as Spokane.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
MAN is FINED FOR
VIOLATING GAME LAW

After having pleaded guilty to vlo-
lating the game law, Harvey Adams
was assessed a fine of $500 in the cir
cult court today by Judge G. w
Phelps, and after paying $50 of the
amount was paroled with reference
to the remainder of the fine on con-
dition that he obey the game laws In
the future.
The defendant in this case, togeth-
er with two other men, Hugh Robey
and John Adams were arrested last
winter by E F. Averill. district game
warden, who charged them witt
breaking the law. The cases agains
these two men were dismissed before
the plea of guilty was entered by 'Har'
vey Adams.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Enrm House Bnrned.

Fire yesterday morning destroyed
the farmhouse on the A f. May farm
in the North Cold Spring section. The
house was occupied by the family of
George w. Barr and they lost nearly
all of their belongings in the flames
which started during the preparation
OF breakfast. The furniture and
clothing We're insured for 500 and
the loss to Mr.. May will be about
$1,000.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
enc Man stubborn; Jury Hung.

With one man stubbornly refusing
to vote as the other eleven, the jury
which considered the evidence in the
case against Claire Gulllford and Les
ter Pope charged with stealing a
horse from Ed Hauer, reported to the
court shortly after eight o'clock this
morning that it was hopelessly divia-
ed. It was therefore, dismissed and
the case will probably be retired. II
is reported that eleven of the jurors
took a stand for conviction early last
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Insane Man Brought to City.

When Deputy Sheriff Joe Blakeley
passed through Weston this morning
en- route home from Milton. he picked
up a transient man who had gone in
sane and in whose disordered mind
was born the fancy that some one was
pursuing him to kill him. He took
charge of the man and brought him
on to Pendleton to be examined.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Wounded Man Recovering.

Phil Kelly, the yung man slashed
down the back with a razor on Tues
day night of the Roundup, is re-
covering rapidly from his injury. City
Physician Temple took out the eigh-
teen stitches today and declares the
man will be able to leave the hospital
tomorrow. His alleged assailants are
in Jail and the cases against them will
come up before the grand jury now in
session
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Nem I.ihrnrr schedule.

At the Pendleton public library the
opening and closing hours now con-
form to the winter schedule. The Ii
brary is open in the forenoon from
10 o'clock until 1890; in the after
noon from 2 until and in the even
ing from : until 3. The new sched-
ule has been effective since Septem-
Der l.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Address On Missions.

The Rev George C. Hunting of
Berkeley, Cal. secretary of the eights
mlssioary department will hold a
brief service and give an address on
missions in the Church of the Re
deemer on Thursday afternoon at 3
o'clock He would like to meet as
many OF the church people as pos
sible.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Bawiy House Cases Up.

The cases growing out of the re-
rent raid or rooming houses by de-
tectives representing Governor West
will come up for preliminary hearing
as soon as possible now. Several of
the cases will be taken up before JUS
tice of the Peace Parkes this after
noon.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Judges to Pass on Parking.

The five judges appointed by the
ladies of the Civic club to pass up
On the parfings which have been inn
proved in the city will make an in
spection tomorrow morning to deter
mine the winners of the prizes offer
ed for the best block of parking and
the best individual parking. The
judges are Charles Cole, Judge G. w
Phelps, Mrs. E p Marshall Mrs. w
~ Matlock and Mrs. A d Frost
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
ITALIANS LOSE MANY
BUT REPULSE ARABS

ROME, Sept 17.-General Torrel-
Ii. two other officers and 2s privates
were killed at Benghasi, Africa, when
Arabs attacked an Italian column
according to a dispatch Seventy
three italian soldiers were wounded
The Arabs were repulsed.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
COLLEGE HEAD INDICTED
FOR SPANKING FATHER

TERRE HAUTE, Ind. Sept. IL
Dr. Elijah Hanley, president o.
Franklin college, was indicted by a
grand jury on q charge of assault ana
battery against his aged father. near
here last Thursday. DR. Hanley ad-
nirted that he spanked his aged par
ept for IN treating his mother.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Jndgmcnts Are Ordered

Judge Phelps today gave the Tum-
alum Lumber Co. judgment
against A. G. Nelson and Adelaide
Nelson for $425, interest, $50 attor-
ney fees and s22 costs and ordered
a mortgage foreclosure. He also gave
r. E. Bean a judgment against Har-
ry Brand and Nettie Brand Vale for
S140, interest and costs.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
nnsincss ColIegr Opcn.

Under the direction of H. y. Robin
son, proprietor, the Pendleton Busi-
ness College is now in operation for
the fall and winter work. The col
lege is using its old location in the
Hendricks building.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17

evening and balloted all night in the
hopes that the twelfth man would
vote with them. When morning
found them stnl standing eleven to
one. they decided to report that they
could not agree.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
To Give Public Lesson.

Miss Malen Burnett of the Maien
Burnett School of Piano Playing OF
Walla Walla, is in the city today
making arrangements for a public
demonstration lesson at the Christian
church on Saturday at o'clock.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Newsy Notes
of Pendleton
rhursiav p NJ club to Meet.

inurSuay L. W. NiuO ~ 49,
A called meeting of the Thursday
Afternoon club will be held tomor-
row afternoon at $3.50 at the home of
Mrs. W. c. f. Pruitt, PA west Alta
street A full attendance of members
Is desired.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Claims Wages Due.

John f. Piersol has commenced
suit against sylvester S. Piersol to
collect s495 alleged to be due for ser
vices performed as a servant and
menial laborer. Peterson & Bishop
are plaintiffs attorneys.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
GRECO MARINER HoNoRED.
Arthur V. Swift Elected Officer of
National Association.

LA GRANDE, Ore, Sept. 17.--Ar-
thur V. Swift of Baker, president of
the oregon Farmers Union. was
elected vice president of the Nation
al Association at Salina. Kan. when
the national convention was held this
month.
Mr.. Swift was in La Grande on his
way home.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17

Fortunate is the man who falls in
ssve at first sight-if he never gets
another look.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
Realty Transfer.

Charles ]. Ward and wife have
sold TO Eta and Joseph Sturtevant
the north half of the southwest ques-
ter of section 5. township 8, north of
range %.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17
A New sidewalk.

A New Sidewalk.
Mrs. Nettie Milestone took out a
permit today to build new concrete
sidewalk along her Lilleth street
property.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-09-17

There never was a man so poor that
he wasn't willing to share his poverty
with some woman.