davidaulloa/AmericanStories huggingface dataset:
The evening herald. (Klamath Falls, Or.) 1906-1942, 1914-06-27
CLOGGED NOSTRnS OPEN At ONCE,
HEAD C0lOS AND CATARRH VANISH

the aosiriis: psnssratss and heals the
tnaAmsd. svolisa msmbrass which
lines the nose. head aad throat:
clears air passass%; esaps nasty dis.
charges aud . fssiiss Of cieansins
soothias relief comes Immediately.
Donr lay awaAs soaishs strus.
Cling for breath. With bead stuffed: /:
nossr!is ciossd. havkias and biovins
cataSrh or . cold. vtsh il ruanias
nose. foul mucous dropping Into the
throat. and raw dryasas u distfsssins
but truly needless.
Put your faith--jsss oses-- II
"Eiy's Cream Balm" and Jour cold
or estasrh viii surely disappear.
(Paid AdvsstismsaI)
The evening herald. (Klamath Falls, Or.) 1906-1942, 1914-06-27

Herald ~aa, ads stias rssslss
The evening herald. (Klamath Falls, Or.) 1906-1942, 1914-06-27

(Paid Advsstismsa,.) 4
The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1914-04-24
New Postal Ruling

The postal authorities at Wash
irgton recognizing the liability OF
pOStmasters IA make mistakes
IN getting letters in the wrong
boxes, have fixed q penalty ct
500 on persons taking mail out
the office other than their own
and not returning il at once.
This law Also includes newspa.
pers. The excuse that il is the
poStmaster's fault cuts no ice.
II you have been getting other
l"oplc's mail you had better
take warming OF you may get
yourself in trouble. Santa FL
lilglr
The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1914-04-24
Water Should be Saved

II he moisture /. not was,nd
there seldom is a season 80 dry
that Kansas farmers cann,,
grow excellent crops. The prob.
lem is to conserve the soil moist.
ure by checking evaporation.
Surface evaporation may be
reduced in two ways: bv the Am.
pllcatiOn of some prutcctty.
covering tO the moist soil aud bv
such treatment ~ will r,dur,.
th, tendency To eyalEr zion
says Il. 1 ThOrckmo rtun, ass,,,
ant IN soils at the Kansas Ami.
cultural college. The protective
covering constitutes a mulch
There are two kinds of mulch.
-. These are natural ,ol
mulches modified by tillagr, and
foreign mulches which are ai,.
Piled ~ the surface of the soil
The n tural soil mulch consist.
simply of al air dry layer OF soil
covering the moist suii below.
The effectiveness ol tl,e natural
soil mulch - dependent uIspn m.
size Of the soil particles. the
cuarSeneSs Of crumb structure
the thickness of the mulch. and
the frequency of stirring
Care should be taken not To
have "A very tine dust mulch. be-
cause II will tend 10 prevent the
ready entrance OF moisture into
the sol, and the ca ,,yatuun Nee,
eSsary Tor its formrtloh viii de-
strOy organic matter. \ drrn
J mulch - desirable, bat There O.,
danger IA getting Il too deep. be-
cause the RIOTS OF the plant viii
be- harmed bv the deep cultiva
ton. The mulch should be- STIR
red frequently IN 'hc sprins
The sooner II H. stirred after a
ram, the better.
Many materials are used for
foreign mulches The more
common ones is use are manure.
straw, dead weeds, and SawduSt.
They are applied To the surface
of the ground, and serve a. a
10 the moist soil. These are
used To "A considerable extent ON
grain and pasture fields All Of
them are efficient AS u mulch,
their efficiency depending upon
their thickness and poro>lty
The foreign mulch j. not used
extensively in genelal farm work
and il not AS practical a. the
natural soil mulch Farmers
Mail and Rree2er.
The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1914-04-24
TIE W. {. 7. u. COLUMN
A Campaign for PrOhibi,iOn

for national piOIllOltiV'l ~ ''''''
ou..tIun. But To be- effective
the sentiment must take shape
in definite, concentrated action.
With this end in view "a number
of leading temperance workers
have united in an organization
known as the Flying Squadron
of America Their chairman Is
Hon. j. Frank Hanly, formerly
governor at Indiana, and the
secretary j. Daniel a Polling,
superintendent Of Christian I'm
d,ayor', citi zcnship department
Another uI the number j. DR.
Ira Landrith for years a trustee
Of the United Society
These men have been connect
ed with different political parties
and the new mo:omcnt II ldenti
ned with NO party, but IL for the
one purpose of uniting those
seeking nation wide prohibition
and to lain that end The Llan
l. to hold three days meeting,
with two sessions a day, IN each
of the largest cities IN the cuuu
try, 10 the number OF about one
hundred and fifty, including
Washington, the capitol OF
states, and ihr seats of the great
universities This campaign OF
speaking ., To begin about th,
first of October, ana the most
effective speakers will take part
in II
The following i the Squad
ruu> declaration "WhcneNcr
"a politician, or an executive utii
Ger, or a political party, prefers
the liquor traffic above the public
,u,,.l, nh m., r,,., .o,
aid, ,nd .,,b ar,i. ,ho,do,
I,J r, ~. ,.o,u,Ii-n,,.,, ~.
,l. III l.li,
o,,..l, .~,di,,,,. an IL
with -, ,.,,,.d ., o,r,u - ~.
,,m, ,,,io, ,ni. ID -,
Th,.a ,L,, ,nu -,
-
,I.d,,,n.rn,,r, ,,,
IN. ,A,l,a. ,, n,nn.,
|,5 g. 81, N~,,,or,I r.,..l -,
la,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
NDUSTRIALS.
MISCELLANEOUS RIGHTS.
MINING.
BONDS.

10 o. h ~ 1s3 TIInan \ 81 q ~
a. a. Cor - l5s l67 4 Spr r. u 70 So
20, C.on q n. % NYC As 81 1917. lo2f.
- Z, a. n lO41. l0Hs NYC - 50 1914 1929
G & O 81 n ~ - NfC 80. '64.lol's le-'t
chic r SC n - 100
'B1 dividend. tselis cents per snare. tVhen
issued
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
PRICE MOVEMENT
IN COMMODITIES
Wheat and Coffee Close
Higher-Corn and
Oats Decline.

Caution on both sides restricted
business somewhat in the wheat mar
ket yesterday, but there was enough
Armness impaired b. strong cables
and rains. which II WIS thought might
delay harvesting. 70 advance prices IN
the early trading. The gam attracted
profiJ-taking. hut the reaction incident
20 selling WAS overcome b. 4 .ate rally,
which left prices up is9 &C. Favor
able reports, indicating large yields OF
spring wheat. we're received from the
" es.era section, and the movement o.
winter wheat Increased in the South
west. Corn prices were reduced by
selling based on rains where moisture
had been needed, but there was
sharp rally in the July option, due 70
the new grading rule going into effect
in Chicago. The general list closed
g al. c. down, with July up &c. Oats
slumped in the early trading. and with
& lot OF short covering lost IA a &C.
net for the day
A slightly higher level, due almost
entirely 20 technical conditions. marked
the opening of the new coffee season
Yesterday, but the gain was partly lost
under profit taking, prices holding only
70 points net advance at the close.
The crop il placed az l3,Sl6.0OO bags,
against l1.45s.000 bags last year, and
supplies are likely 70 be fully up 10
requirements.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
Long List of Defaults a
Witness to the Power
of Psychology
ELEVEN RAILROADS
STOP BOND INTEREST
Municipal Bond Flotations Less
In June, but Six Months
Total Is a Record.

Tbo-. was not needed the announce
.,.,,t +bat appeared on the stock uckers
YESTERDAY TO prove that psychology Is
much more destructive than dyI am
and a good deal more plentiful. Sun. j.
sd a melancholy interest One alVel
Re other long line Of bonds "eIo
ra,,sd each 20 be traded IN tnereai'er
"sat" according 20 the Stock LNchailse
r,e,5a+e or without the interest tha1
lee No more. even in theory.
IoaoHr list OF defaults would be nara
- Snd In the archives Ct the exchange
some of the members said yesterday
tbat syav back around 1883, when panic
beId the land. there might have oeeh
r,ore but they couldn't be sure Of IL.
Nearly all the railroads affected, II was
voted were in official classification
territory. whose fate is still on the
trees Of the Interstate Commerce Com
mission. Taken with sucn railroad
sgrrings as Pennsylvania and New
YORK Central's for the FIRST I'VE months
Of this new fiscal year, which likewise
sppeared Yesterday, the defaults left
wide room for cheerfulness. Those
railroad earnings could be read a num-
her Of WAYS without yielding any dlf-
ferent meaning, but perhaps II IS as
expressive as anything could be 20 note
that in the I'VE months New YORK
Centrals net was S4,111.62I less than IN
the corresponding period Of as long ago
ss 1911, and Pennsylvania S5,966,ll9
less.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
San Joaquin Light and Power.

Application has been made 10 the
California Railroad Commission b.
the San Joaquin Light and Power
Company requesting authority to re-
new notes totalling s139,967 The notes
are to be renewed for the period of
one wear from date Of maturity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
COTTON DECLINES
ON REPORT
Heavy Selling on Governments
Condition and Acreage
Figures.

The governments crop report caused
a very sharp break IN the cotton mar
ket Yesterday. The official acreage rg-
ures. indicating d decrease OF 10 per
cent from last year, we're about as
looked for. but the condition Of the
plant, being placed at 1916 per cent,
was fully a point above expectations,
and evidently unsettled the confidence
of commission house longs. At any
rate, there was heavy scattered selling
and October contracts broke from
l264c 10 l2.41c, or about 20 points
from Tuesdays closing price and with
in 3 points Of the low level reached
week ago last Monday. The decline
from the high point Of the morning
was even more severe on some o. the
other positions, but there was good
demand from trade houses and partial
rallies followed, with the market clos
inc steady al net loss OF 70 Is
noints. The report indicated that the
condition of the crop had improved
"a per cent during the last month.
The greatest improvement shown oy
anv crop for this period during tne
last ten wears was per cent IN ISV4'
The extent OF the improvement, as
we'll as the fact that the trade mad
anticipated a report around - per
cent. probably accounted for the heavy
selling. At the same time, the condi-
ION actually reported was about a
point under the ten-year average OF
s0.7 per cent, and bullishly disposed
traders figured that on the basis o. the
estimated acreage the report pointed 10
a int yield of little under l4,Oo0,oo9
bales. Southern spot markets remained
unchanged. and the local market was
ouiet AZ l3.25c for middling upland,
no sales; delivered on contract, 4I'4oO
bales. Local contract prices;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
RAILROAD EARNINGS.

The following railroad reports tor MAJ
49,. maze ,utlic YESTERDAY.
....,.
Peursyiranla Railroad ,,ir2s, f., 49,
decrease }i.703 f36. ne. 'S.llo ILL., o''''
13,4 Iq7 :. 90, .os
Peunsyivsnia Company e.. - $500
81. al. -.
Pittsburgh Cincinnati 'hicago -. ear
r.0lis-Gross. i3.l4@. pt decrease '''-''''
net ssz7 7.s leeresse 81. ..-.-
Phuadep his. Baltimore v as-."e g.,
Cross. N.'7-.sOl. decreasr, $50. "'-
taxes fas' 3sS Increase s,l' "a :, ~. az, 5e
Northern 'er'rhi-bross h''.f ~, r
crease silo's. me- after taxes Nl--.o-l- ''
crease 8 555 .-,.-., 10000 "a, 7es
Wanda ia Gross. Sibi.tf. f-'rease - '''
me- after taxes. &'3.s'-. dsc-ea..' $50.
long Issnd-Gross. 81 is3. ~, incr increase
tlf7.S23, net after taxes 'S4'''-'' i''
81 i0- 80, ~.
Grand Rapids 4 Ind.ana-Gross ttsi ~
decrease ,.oss net afier taAe'' '''''''' 90
crease S-h.ll4 49, ..-
west Ierssy 4 seashore-firo's i,ls ~
Increase 80. ". net after taxes. 'i'''0''
r~nnsslranla s,s'er Lines "a -. as as
i-r.-tf $40. de'r-ase. '-.V'-'''-' n'''
decrease S-'9ab.. ~. 60.
s. lsl OIL f@,rease '-.''-.F''- "e.' ''.''''
decrease }iAblt -.
P.nns. wanna system. 'TotaI. limos ra''
and Nest-G-ass 80 -. az. dec case -.
G2s. as. not s. Cos. 941. decrease A'lAv''.
Boston a. Maiue-.iross. . a-N.''' dr
crease Sll-.717. uer 81, 9'i. ngrc1se' y. 70
Srw York central Hudson hi.ef-'fr"s-
g. s2s. "a. decrease. Sl.0l4i0o. me-, after taxes
81 .3ss544. decrease f9i "a.
Boston a AIbany-Gross. N.5''ols. de-
crease s9715s net after taxes. f-9-. 1913 De
crease SO s05.
MIcllSau 'entrai-Gross s. s0e. t+0. de-
crease S3-> 40. net after taxes. 'E9oll de-
crease s303.53a
Lake -rore q Michigan Southern Gross.
6. III. o{ derr,asc sl.osS9 i-. mel af,er taxes
Ssl7oet. dccrea. e SOL 81
Co. {, -,5 sos dec-es.s 500 oe.. ne,
afto~ taos SIS -e-. decrease. S7.egf
.,. work chicago A ~ T.uty-Cross
sS7s rs. decrease. 500 Cs3. not after taxes.
r,ttsburgb 4 Lave E-le-Gross. 81. 2Z4 as
de,reaso. s5sLISa net after taxes SS7f p
decroase. 1a64.n7S
~h,@,sc Indian. L sou,harn-G-o.s S7ss
"a, ge-,ess. ~ 80 nj af.r ,a1e. Sis 4,i
go. - &.
- -C,-o.s t44s pa. DO
-. "a 40, ne, ss.c- tarc- S4s 20 de.
- q, 20
'' 80 80 ,.-.t.-. C.-..- 400 to, %.
.,'. M e. ,ss w, ~ - -. tioq 4.
.,...' a. a.
Ioled" ~ p.i" 'HIIA ''Ioss' '-n'' =. a.
I'@se. 60 N. "''''' 'i'' ''N-9'
~ as, f.'- -, 1870, ...-, .,f f,,...
Ne" -, ',e $500, &. 9 iso - ~.
tor taxes s".'ol. 'a, decreasc t-'S''.o''.
20. ls.ahH 'Ios-. p - ~ ae'r'as
llal.a1t. net amer 'ak's. |t'''ao. decrease
sos "l
q 20 -si -. 10 al, ne, sS,e,- ,sVss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
The Era of Extravaganza.

When the dearth Of capital for IN
vestnent was the subject OF lnvestlga-
ton all over the world last year Il was
found that there had been, and still
was. an era Of extravaganza from
which no civilizDI country was eX-
enpted There was private eEtrava-
gance and public extravaganza, and no
one 20 say which was the greater. Pr
vate wasting Of capital-elther sheer
wasting or locking 10 up in enterprises
not 10 become productive for long
-irre-was then on the decrease. Punllc
expenditures. however, were manltestly
FAR from being curtailed. For anna
ment and psternalistic projects IN the
Old World, for state and municipal In
movements in the New, q heap o.
money was being spent - borrowed
money. Government, state and munlci-
pal bond sales ran 10 an enormous ag-
-regate. with the United States by no
means the least offender. Il made no
difference that investors az home and
abroad showed little svldity for many
C the bonds. They were pressed on the
markets. sold over counters, hawAed
from house 20 house. They blotted M
me thin little trickles Of capital that
accumulated from time 70 time before
really suffering and more worthy pri-
waite corporations could get cnance AZ
trcrn. and so they operated more than
anything else out political uncertainty
20 block indefinitely the restoration OF
active and prosperous times.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
TRADING IN THE
CURB SECURITIES
Business on a Small Scale and
Prices Generally Are
Reactionary.

Business in the outside securities
market yesterday was conducted on a
mparetively small scale, while shares
in many instances developed a weaken
ing tendency. Rock Island common de-
clined l . points. WHY'S Overland al
vanced / =. The United Cigar Stores
Company made a gain Of point and
British-American Tobacco improved a
fraction. Maxwell Motors common was
weak. with a loss of y Of a point.
Riker Hegeman was the most active
~ dealt in Of the industrials. with an
advance of II Of a point. Union Pa
cifc rights ranged between 264s and
269s
Duiness prevailed in the oil list, with
prices generally lower. Indiana Pine
Line showed loss of points. South
Penn Oil and Standard OF Kansas each
lost 3, Atlantic Refining and STANDARD
OF California and Continental Oil
point. Standard OF Indiana. however,
made a gain Of points. McKinley e
Darragh was strong in the mining
group. closing al 20, high for the day
and points above the day before.
West End Consolidated sold OF >
points. Chill Copper r. advanced 3 2
points.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
GENERAL MARkET REPORT.
GRAIN
Sew York. July I, 1914.

WHEAr-A feeling NJ caution on ire bear
side has developed. but operators were sill
umid about taking heavy chances on tho
IuviUg side ara tGe market was IN q hest
taUug mood Early prices showed hrmness
Isnxe to.4 profits on The advance and a hea
t.u@ followed. with prices down 20 about "a
&c under Tuesdays lose Before the close
tIa market rallied. and fnal quotations we're
If '.c nor higher Export orders were not
Lr-ent bur there nave been large sales made
FOR July and August shipment. In me local
cash mar5-r No hard winter wheat was
quoted A. 9li7c. ( F. New York. new No ,
I'd SIC july shipment. o. 3 Z. No Northern
Duluth a51c and No I Northern Manitoba.
o. 49, % b. CORN-GeneroUs rains over
kansas Missouri Iowa and some OF he
Ohio VALLEY states caused heavy
selling and prices early we're weak. dschn
ing iG1isc from the previous close Late IN
-ha dav The Jul, position rallied sharIlv on
covering prompted partially nv the fact thai
the nov grading rule. which was more drastic
in IT'S requirement 81 e1 81 went INTO 'rect
tr Chicago a. t1e close july vas .sc net
higher v-Ue other positions Vere @sdl &C
re- lower Cash so yellow corn was quot
aJ Al ~, T. prompt. OATS showed a
-ardcrc, 70 follow corn. shorts covered on
lie decline and duai prices Nere lfpl =
me- lower ash market outlet. standard
vhfta 4o.T44e. No o. 49, "a &c. No .. ~
G44t-c. 40 = 42is743c. ordinary clipped
4eq45c. fan, clipped. 44isdf6c. a. elevator
ttyF--ready. SO . Western. 6Siac. D ?,
New YORK export. BARLEY quiet malt
,-- -rT,4er 90 8 Rufalo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02

Though the governments report Of
the cotton acreage showed a falling of
from last year Of 5000 acres. or 1.3
per cent, the condition Of the crop on
June 25 was 90 Unexpectedly nigh after
al the dolorous tales that have come
from the Southwest that on the Cot
ton Exchange 10 was not ten minutes
before cotton had fallen % points, or
81 bale. A condition OF 1916. which
was tia, given, is 5.3 points better
me figure for June 25. lel3-8l9. With
cotton moving rapidly up into the
ranks with the other crops. with corn
almost certain 20 show "a FINE condi-
ton week hence. when The Official re-
por. comes out. the chances for Sl0.-
o0O.OJOo1O worth - farm products IN
1919 are something that cannot be
easily ignored.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02

Scmo % the members Of the Lon
non stock F.Ichange think that they
col.f Get more business if there were
10 iFed comm .ss.on lar. and they are
re'i,o1ng their governing author
itief ~ abolish 20 The movement has
, peculiar interest for Sew York stock
oro.era ~ this time. because the Stock
hIchangc comm ttee which has been
considering the restoration Of Joint ac-
count arbtrage har Just completed Us
laOoff, end while their results are not
- ~ EnoVn until September. there is
strong hope that arbitragc Will come
PACK but 20 have .t come back 80 will
ne nseefaary FOR Some arrangement %
% rsoe whereby the commission law
- ne local exchange will be protected
ron violation both in Sew York and
LONDON II 80 London exchange
sosndons the ired commission Law
mere may poEsioiy be an insurm0unt-
sDie obstacle ir The way Of Joint &C.
eo1nt arbitrage, = thing from the poin.
- view - a large number 81 New
iork brsksrg greatly ~ BE- regretted
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
BUSINESS REVERSES

Judge uand granted discharges rom
benRlglptcy 10 Abraham Abrams manu-
facturer Of furs, ~ East I'D - IA nll
ties slSSa4 Alfred T. ilsrstn, -" Nes'
ftgtb g. formerly motion picture supplies.
and Uanr,. l. SrhVarz %@o West SON -.
BEE~%FR RROs Inc. waists. 40 YES
p,tI - Schedules show liabilities. W
Int ~sse,s SG.O1G. treditorf inclrdc v
v.tzrer Paterson y. i. sa.'3n ID. WI
.or 81 53e Annie Brcnner Hl.al-.
sADfC jacobs. l03 Wes li4tn 81. hied
re,ition ~ get rid ~ two c"dcicnrf JIns
,,e1ta cbtsined agsins' her september :.
tat9 FOR SI4 So ln favor of Empire ''t
c,,Irqe Rank 50 assets
4eGu & GILLETTE tMurraY o., men
f..-nfs.inr goods. 1919 Broadway, rao"
ses.rrorrt - Edward = RYan Fri'ii"n
sl-o nlad b. Bioom 4 hornet. $40, " 'ne'
= I.-. SOL. AlrNaude- 4 Harris = D..
60. liabilities. So 500 assets S-.'o
r.etifO% KNITTING MILLS. ~" hr' -
,.e ID Mod schedules showing liabilities.
g. -5n. assets. s. So . .oc
nneEpf GaRsHGALf. leweir'. 80"
gtr,rsop NJ Med schedule showing va
Luitia, 81 4s3. ansets E3as2.
JDu.. CASSIDY co.. printing ana bihnk
hook Manufacturers 81 Fulton -. Juds
taud aupolrffd Gus'a" q. WeHtAlhh
coI..r IN place % Nicholas kelley, app'Hi
I'd ternporariiy June -. Creditors unanl
ntouriy recommended Wed"k M.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
The Bronx.

War7sr Joseph and Edward Friedrich
PAU ! Eyno- CO.. March q 1914. 500
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
BRIEF WALL STREET NEWS

Business in this market Yesterday
lor foreign account consisted Of sales OF
$1,000 shares.
Stockholders Of the Consolidated
stock Exchange Building Company a.
thelr annual meeting yesterday elected
William 5. Silkworth and Adam L.
sumner to the board Of trustees.
Charles B. Ludwig, Ralph r. Crane
and /. ". Stephens have formed a
partnership, under the firm name Of
Ludwig q Crane, as successors 70 the
hrm OF /. W: Stephens & Co.. with
Offices ct Wall St.
Stockholders and holders Of regis
tered and coupon bonds issued under
the adjustment mortgage OF the New
York Railways Company, al a special
meeting yesterday approved the action
o directors in deciding 70 abandon the
Roosevelt Ferry branch OF the Cham.
hers 81. line.
Exports OF copper for June totalled
3o,ls2 tons, compared with 27,50s tons
N the same month last year.
The Sub-Treasury mas transferred
$4,000 20 San Francisco, making a
total Of s7,s65,OO0 on the present move
ment.
The Philadelphia brokerage firm Of
Henry & West, members of the New
YORK Stock Exchange, has been dis
solved by mutual consent. A new firm
under the same name has been created
~ William West, Harry c. Thayer and
g. D. Montgomery.
Announcement has been made OF the
new co-partnership under the firm
name Of Charles T. Merrill 4 Co., 20
conduct a general investment business
II stocks and bonds az : Wall 81.
Colgate, Parker & Co. have admitted
Frank H. Davis 70 general partnership
in their firm.
A membership certificate Of the New
York Produce Exchange was sold yes
tegdsy by Adrian Muller & Sons for
$500.
The New York Curb Market Associa-
ton hss elected Alfred B. Sturges sec
rotary. succeeding Franklin Leonard
ir., who resigned Mr.. Sturges's duties
will become effective on August /. In
the mean time Louis VI. Teichman will
serve
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02

Lately. but only so very lately that it
has ye- 20 acquire significance. there
has been a falling Off IN state and
municipal bond fotations in this coan-
Try. IN June the total was about $685.
00O.O 900. as against over S55,OOO.OOO IN
May and nearly S63, 100000 in June, a
YEAR ago. But the total for the SIX
months ended with June is by nearly
800, OO0.O 900, or so per cent, the highest
ever reached in a similar period. Fig
ures compiled by The Financial Chron-
icle" tell their own story. From SI9,-
100000 in 1903 they jumped TO nearly
S13S,00 900 IN 1904. By 1909 the fg-
ures that we're only 1858, 100000 ten
years before mad risen above the $500
100000 mark In the first half Of each
OF the last four years they have been
as follows: 1911. S223, 262.27O; 1912,
$243E7e.Os9; 1913, s235,234,l35; 1914,
S342 81 .2s6.