davidaulloa/AmericanStories huggingface dataset:
Evening star., 1914-10-04
How to Be Worth Big Wages.

From the Philadelphia Public Ledger.
Few persons are SO utterly lnworldly
as to be contemptuous OF the ways and
means of increasing their market value.
Charles Steinmetx. master electrician.
proffers his recipe, which has already
undergone the pragmatic test of raising
him from the direst poverty to affiuence.
"To earn 100000 year do things other
people don't do" That is all there is to
It. It is extremely simple. Be the one
man for the task, and the task will seek
you and the price that goes with 1t will
be yours.
In every profession there are a few
men who lead by no happy accident Of
fortune no pride of BIRTH no favor Of ex-
alted patronage. Their intrinsic merit
manifested not as a sudden inspiration
day after day under the strain Of pro-
tracted effort, has put them where they
are. The inferior material in the cheap
man develops a structural flaw some
where. and he goes to pieces where the
strong man endures and holds his peace
and completes the work.
The pre-sminent in any calling are look
what does ne do that cannot do,
they ask, that he should earn 30 much
more than IT, They do not see that
their own work. should they fail. could
find at short notice an acceptable sub
stitute. They are unwilling to recognize
the long, slow travail Of the route an
other took to reach his higher plane.
schooling was Infinitely arduous. Most
men who can 10 things other people
don't do have risen BY labor. not by
luck
Evening star., 1914-10-04
New York Bank Statement.

NEW YORK. October 3.-The state.
ment of the average condition of clear
ing house banks and trust companies
for the week shows that the cash re-
serve increased S12.722,750, leaving q
deficit of $17,9S6,650 below legal re-
Quirements.
The statement follows:
AVERAGE CONDITION.
Loans. $2.202. 900; decrease, $24.-
$751; 900.
Specie. ss2s.254.ooo: increase. ss.-
Legal tenders. ss5,5o2 900: increase.
Net deposits. s1.sss.e .ess.Ooo; decrease.
SIG, ,963, 900.
Circulation. s1ss,sol. 900; increase. ST.
$4,000.
Banks cash reserve in vault, $751;
100000.
Trust companies cash reserve in
vault, s67.276,000.
Aggregate cash reserve, s424. .756.o0O.
Deficit cash reserve. s17.ss6.650: de-
crease. $12.722.750.
Trust companies reserve with clear
ing house members carrying 25 per
cent cash reserve, $51, $4,000.
Summary OF state banks and trust
companies in greater New York. not
included in clearing house statement:
Loans and Investments. $56s,543,2oo;
decrease, $16,095,s00.
Gold, sal, ,3s5 500; increase, s1ss, 500.
Currency and bank notes. $13,634,3 500:
Total deposits. ss44.oss.ooo; decrease.
s6.46e. 800.
Mercantile paper, z: sterling ex-
change. weak; for cables, 4.s575a4.s625:
for demand. 4.9476a4.e525: bar silver.
52h
Ciosing-Exchanges. $21s.175.5s7; bal
ances, $12,S28.501.
SIS; balances for the week, $4z6.766.-
263
Evening star., 1914-10-04
NO TIME BARGAINS OR OPTIONS
London Stock Exchange Cables
New York of Sales Regulations.

NEW YORK, October s.-George w.
Ely, secretary of the New York Stock
Exchange. today received the follow
ing cablegram from Edward Satter-
thwaite. secretary of the London Stock
Exchanges:
The committee for general purposes
have this day confirmed the following
resolutions: Resolved, That owing to
the exceptional circumstances now
prevailing, no member shall do a bar
gain or negotiate a purchase or sale,
whether between members or nom
members, in securities dealt in in the
American market at less price than the
English equivalent of the New York
closing prices of Thursday July 80.
That all bargains in such securities
shall be for cash and no time bargains
or options shall be allowed"
Immediately after this cablegram had
been received and referred to members
of the governing committee, Secretary
Ely of the New York Stock Exchange
forwarded to London the following g
reply:
Your cablegram is received. The
action of your committee. will be a
great help and is much appreciated by
this exchange"
Evening star., 1914-10-04
ARMY ENL1srMENrs GROW.
Marked Increase in Applications
Over Those Of Last Year.

Adjt Gen. Mccain of the army rays
that published statement that there has
been marked decrease in the number
OF enlistments during the past year over
the preceding year is erroneous. The
records show. he says, that the number
OF applicants to enlist during the year
ended June 80. 1914, was 1ss.527: the
number of these who were enlisted was
32,S2s. The whole number Of enlistments,
including re-enlistments and enlistments
at posts. exclusive of Philippine Scouts,
was 4l,s71, and the number of re-enlist-
ments, exclusive Of Philippine Scouts,
For the previous year, ended June 30,
1913. the total number of enistments and
re re -enlistments in the army exclusive Of
fhllippine Scouts was 24,46S. The total
number of applicants was 123,664, and
the number of re-enlistments, 7,033.
There was. therefore, a marked in
crease both in applicants and number OF
enlistments and e-enlistments during the
past year.
Evening star., 1914-10-04
new YORK PRODUCE.

NEW YORK. October s.-Flour-
Quiet.
Rye four-Steady.
Buckwheat four-Quiet; 2.75a2.S5 pei
100 lbs.
Cornmeal-Steady.
Rye-Steady.
Barley-Quiet.
Wheat-Spot strong: No. 2. red
1.07A; No. 2, hard. LOT; No. 1. northern
Duluth, 1.09h; No. 1. northern Mani
toba, Ill nominal elf. Buffalo; fu-
cember, 1.16H; May, 1.22&.
nominal to arrive: Argentine. strictly
prime, so nominal delivered.
Oats-Spot steady.
Hay-Steady.
Hops-Easy.
Hides-Quiet.
Leather-Firm.
Pork-Quiet.
Beef-Quiet.
Lard-Firm: middle west, e.soa9.90
refined steady; compound dull.
Tallow-Quiet.
Wool-Steady.
Rosin-Quiet.
Turpentine-Quiet; machine barrels
47a4S.
Rice-Steady.
Molasses-Qufet.
There was no change in the price Of
spot coffee today, although the under
tone was perhaps a trifle easier be-
cause of a decline of I'D in Rio ex.
change on London. assumed to be
further evidence of Brazirs unsettled
financial condition and its probable
inability to hold coffee on the market
Rio No was quoted 6k and Santos
No. 4, ION.
Evening star., 1914-10-04
TIE MAYOR AND corNcu, OF RocKvryIr

THE MAYOR AND COUNCIL OF ROCKVILLE
Montgomery county, Maryland. will receive bids
for the purchase of hundred bonds OF the
mayor and council OF Rockville numbered from
one to one hundred. both inclusive. each bond be-
ing for the sum of $500. up IL O'Clock noon on
the !th day Of October. AID. 1914. at which time
the bids will be opened by said mayor and coun-
ell, and the sale contaminated to the highest bid
der. for cash, II In the opinion OF said mayor and
council such highest bid be an adequate price for
such bonds.
These bonds in a series of 100 bonds aegre
eating $50 900, and numbered from / to 100. 10th
Inclusive, all bearing date the LIST day OF Ncven
Der. 1914. bonds numbered i and 2 payable two
years after date. and two OF said bonds In their
numerical order payable in each year thereafter.
up to and including bond No. 20. and thereafter
BEGINNING with bond No. 81. three OF said boncs
shall be payable each successive year.
These bonds bear interest at the rate OF SIS per
annum, said interest being payable semi annually.
The principal and interest being payable at the
orice of the mayor and council OF the town OF
Rockville. Maryland.
Each bid must he accompanied with a certified
check for $500. payable to the mayor and council
Of Rockville. LEE OFFCT>r. Mayor.
Evening star., 1914-10-04

appreciable demand for cotton from
these English mills, which. 1t is UNDER
stood, are getting ready to buy more
largely.
It is believed also that as soon as
commercial paper conditions improve a
little through the 1oosening up Of bank
reserves there will be much larger pur-
chases BY American mills, which have
activity because of the unwiiiingness
of banks in various parts of the coun-
try to buy their paper freely. Confined
in many cases to their local banks.
which df nationaD have been unable
to make any loan greater in amount
than 10 per cent of capital and surplus.
the mills have not found 1t easy to get
the funds they had to have. even at
prevailing prices, to buy cotton with.
But there are indications of an i'm
proved condition. and 1t is thought that
current money boarding by banks is
likely to be reduced in the near future.
If cotton can be brought somewhat
more actively into the market. and
eign demand becomes brfsker, 1t will
help conditions very greatly. accord
ing to the statements now made by
conservative men from the cotton
states.
Looks for Revival.
In this connection the views of a
prominent London merchant. recently
expressed, may throw some light on
the subject:
New York city appears to be more
upset over the turn Of events than
London. There is more war news in a
single issue of an American newspaper
than can be seen in a month in London.
where the censorship so limits the
news that about one-quarter Of col
umn per day is sufficient to recount it.
The cotton industry is more upset
abroad than any other, but the
present state of this business is
between two-thirds and three-quar-
ters normal. and look for q
revival. There is but little falling
off in other manufacturing industries
there. English surplus capital must
hereafter more than ever seek employ
ment in the United States. where the
future seems safe and sound. Large
amounts of money are accommodating In
England awaiting opportunity for in
vestment. A part of this will be con-
sumed by war loan obligations. but
the amount required for this purpose
will be but q fraction of that avail
able"
Evening star., 1914-10-04
COTTON MARKETS.
NEW YORK,

NEW YORK. October s.-rhe day
passed without any developments Of
interest on the cotton exchange. No
reports were issued and the date for
reopening is still a matter of great
uncertainty. Those who pin faith in
the syndicate plan as a solution of the
difficulty were disappointed that no an
nouncement had been made this week
and feared the delay indicated hitch
in the program. However, as no time
had been set for a report on the prop
osition. it Is quite probable that the
committee will make a statement next
week. News that rain was general over
central and eastern belts and would
pected to affect the grading and move
ment somewhat.
New Orleans spot quiet; middling, tn
sales, 1913 bales.
Evening star., 1914-10-04
GOLD POOL EASES
EXCHANGE TENSION
London Plan of Protection
May Boost American Stock
Transactions.
EUROPE is IN THE MARKET
FOR U. S. STEEL PRODUCTS
Foreign Orders Stimulated by Price
Concessions, Going Even Below
Those for Domestic Trade.

NEW YORK, October 3.-Sales of ex-
changes by the $1o0.ooo.o00 gold pool
committee against shipments of the
metal to Ottawa to the account of the
Bank of England afforded immediate
relief this week from the severe ten
sion In foreign exchange.
News from London outlined a plan
for government protection of stock ex-
change liabilities, which offered prom
Use of the conditional resumption of
trading here. Dealings in stocks and
bonds under the restrictions imposed by
the stock exchange showed some ex-
pansion. The formation of a commit
tee to take care of the unemployed in
the financial district was a sufficient
commentary on general conditions.
Terms exacted for corporation refund
ings were indicated in the New York
Central and Erie note extensions for
periods of five months to a year at
rates of from Z to more than per
cent.
Evening star., 1914-10-04
MAY PAY IN FULL.
Creditors of s. II. P. Pell & Co.,
Brokers. to Meet.

NEW YORK, October 3.-The federal
district court today appointed Peter b.
Olney referee to preside at a meeting
of the creditors of S. H. p Pell & Co,
the bankrupt stock and cotton brokers,
to discuss the proposed plan of satisfy
ing the demands of creditors, under
which. It Is believed, the nrm will pay
it's obligations in full.
Details of the plan do not vary In
some time ago. The date of the cred
ftors' meeting has not yet been deter
mined.
Evening star., 1914-10-04
DRY GOODS MARKET:

NEW YORK. October Six hundred
thousand feeced-lined cotton garments
from knitting mills in New York state.
Two large orders for wool and cotton
sweaters are pending. Cotton goods
markets were generally quiet and irregu-
lar today Linens were 20 per cent higher
abroad. Inquiries were made for burlaps
for shipment to South America.
Evening star., 1914-10-04
TREASURY STATEMENT.

The condition of the United States
Treasury at the beginning Of business
yesterday was:
Net balance in general fund, $685.
602,6S5.
Total receipts Friday, s1.514.s47.
Total payments Friday, $5,OS5,1S9
The deficit this fiscal year is $36, SIS, {.
422. against a deficit of $13.297,317 last
year, exclusive of Panama canal and
public debt transactions.
Evening star., 1914-10-04
Mccoy OUT OF CONGRESS.
New Judge Lauded by Representa-.
tive Mann as Great LAWYER

Judge Walter Mccoy resigned his
seat in the House Of Representatives
yesterday afternoon to accept his com
mission to the bench Of the District
of Columbia. The resignation was an
nounced through the usual form of a
letter read to the House by the clerk.
Representative Mann. leader of the
House republicans, in a one-minute
speech. reminded the House that 1t
was about to loss one of its brightest
and most valuable members and that
he considered the new Judge "one of
the ablest lawyers in the country"
Evening star., 1914-10-04
NEW ORLEANS.

ness in spots marked the week end in
the cotton market, local prices being
marked down 3-16 to TX for middling.
The market for the liquidation Of old
future contracts was steady. with 7.75
much business was done. It fs gen
orally considered that all but a few
hundred bales of the October interest
have been transferred to January, and
that the end Of the month will see no
deliveries Of cotton. although at one
time rather heavy deliveries were
threatened.
Spot cotton quiet; sales on the spot,
nominal; strict good ordinary, 6N nom
inal; low middling, IN nominal: strict
low middling. 7k; middling. 7H; strict
middling, SIS good middling, sh; strict
good middline, 81. Receipts. 2.2o5
bales: stocks, 57.426 bales.
Evening star., 1914-10-04
CHICAGO LIVE STOCK.

CHICAGO, October 3.-Hogs-Receipts
G, 900 head; unsettled. Bulk. 7.s0as.6o;
light, S.30aS.sO mixed. 7.S0aS.S5; heavy.
Z. 7.45as.70: rough. 745a7.6o; pigs. Asa
$50.
Cattle-Receipts. 800 head; SLOW.
Beeves, 6.5oa11.00: steers. 6.15aS.oo:
and feeders, 5.25as.35; cows and
heifers. 3.40as.00; calves. 7.6oa1125.
Sheep, 4.75a5.SO; yearlings. 5.50a6.25:
lambs, 6.00a7.S0.
Evening star., 1914-10-04

of France had in its vaults 3s2s.ooo.-
900 gold
The Imperial Reichsbank had. Au-
gust 81. about $404,000.000.
The Imperial Bank Of Russia. July
81, had $500, ,0O0, 900. gold and the Bank
Of Belgium s7s.ooo.o0o.
German Moratorium.
notwithstanding allegations to the
contrary, Germany has declared a
moratorium in accordance with the
council of states. dated August 10.
1914, but the burden of this moratorium
is not placed upon the Inhabitants of
Germany, but upon foreign debtors.
and, in view of the discussion as to the
going on. it is interesting to note the
exact wording of same, which ts as
follows:
1.-THE council Of states has decreed as
follows in accordance with paragraph
|3 of the law covering the power Of
the council of states relative to eco
nomic conditions to take effect from
August 4, 1914. See the Imperial Law
Journal, page 327:
bills issued in foreign lands prior to
July 81, 1914. and payable in Germany.
provided they have not matured prior
to July 81. 1914, is extended by a period
of three months. The liability for
stamp taxes, according to paragraph 3,
section 2, of the bills stamp law, will
not be enforced.
Paragraph 2. This edict is in force
from the date of publication. Berlin,
August 10, 1914"
In Aid of South American Trade.
In line with its establishment of
branch banks in South America, in
practical advancement of the upbuild-
iyocr of fhn 80
with South America, the National City
Bank of New York has commenced the
publication of a magazine to be issued
from time to time," entirely devoted
to the upbuilding Of business relations
between North and South America"
Frank A. Vanderlip, president of the
National City Bank, discusses at some
length. in the initial number. the OPP
portunities and Responsibilities OF
Trade Expansion"
His Excellency Enrique Carlo, min
lister of finance of the Argentine Re-
public. sent long cablegram to the
bank on trade conditions and oppor-
tunities and methods in Argentina, the
text of which is given prominent
position in the periodical.
Articles are furnished by Secretary
of Commerce William c. Redfield.
John E. Gardin, a recognised foreign
exchange expert, and others.
"on to Richmond"
The local contingent of bankers
going to the American Bankers Asso-
citation convention at Richmond will
leave here next Sunday afternoon.
Practically every bank will be repre-
sented. 1t will give the Washington
representatives an opportunity to re-
new acquaintance with the bankers of
their district reserve bank city, as well
as the leading financiers of the coun-
try.
Evening star., 1914-10-04

One of the most curious names ever
given to race horse 10 Potoooooooo.
The Earl of Egremont had a horse he
intended to call Potatoes, but the
stable boy. forgetting how to spell the
name, wrote Pot and finished with
eight os. This 90 amused the Darl of
Egremont that he 90 named the horse.
Evening star., 1914-10-04

In France a bronze statue Weighing
three and q half tons, that was too
large to be handled by railroed or
canal, was hauled on a motoe D0ck
to its destination, 246 miles aWeD-
Evening star., 1914-10-04
Business Reports Vary.

At the same time interior banks were
said to be providing for municipal
maturities in their localities. Differen
regions sent varying accounts of con-
ditions. Reports from the grain coun.
try were favorable and those from the
cotton belt troubled. Small grains ii
export orders were reported by the
steel trade. These. however. were in
sufficient to offset domestic contrac-
tion. August railroad reports showed
that drastic economies are in force to
meet the decrease in gross earnings
Enterprise dependent on new capital
was practically at a standstill.
Payment of subscriptions to the New
York city notes replenished local
money supplies. The discipAnfng by
the Treasury Department of small
banks accused of boarding aroused
controversial discussion. Customs re-
ceipts indicated considerable decline In
imports Food exports, however. were
heavy. The value of cotton exports
showed only slight expansion.
The feature Of this weeks bank
statement was the substantial reduc-
tion in the deficit of cash reserves
which % is now ;l7.ss6.6 against al
most S31,OO0,000 of week ago. Loans
decreased by almost $25.000.00O. The
cash gain Of 100000 was below es-
Inmates.
Steel OfQeTS scarce.
Orders for rolled steel products re-
oeiyed from domestic manufacturers
this week were again small in volume,
but specifications against contracts for
wire products, sheets and some semi
finished steel were larger, enabling the
United States Steel Corporation to in
crease its output of steel ingots from
ri nf fol 20.
pacity The larger rolling schedules
were prompted to secure the advantage
have been Cancelled September 80, II
not specified against
The export trade has been encouraged
by concessions in prices Of several dol
lars per ton, In some cases even below
Some substantial orders have been
taken for wire rods. billets and skelp
for shipment to Great Britain, plates
and wire rods for export to Russia and
a round tonnage Of special steel for ex-
port to France. There have been also
several thousand ton lots of barbed
wire for shipment to France, Russia
and England. 1t is estimated that con-
tracts now-pending in the international
ing ing 5000 tons Of rails. 1o.ooo tons Of
plates and 10000 tons of wire rods for
export to Russia, $4,000 tons of rails
for Australia, 5000 tons of rails for
Greece. 100000 tons of sheets and bars.
5000 tons Of wire rods and 10000 tons
OF billets for England and 800 0tons of
plates for Australia.
The only important domestic railroad
contract last week was $4,000 tons of
rails for the Southern railway.
Steel building work was a little more
active in the eastern district, the sales
amounting to about 10000 tons.
Evening star., 1914-10-04
Avoid Tntrospectior.
From london Opinion.

From London Opinion.
Photographer (takinE plain-looking
girl and her escert)-Now try not to
think Of yourselves at all-think of
something pleasant.
Evening star., 1914-10-04

Colorado streams are to be restocSer
with trout by the government
Evening star., 1914-10-04

There are times when every man Is
a desp-dyed villain in his thoughts.
Evening star., 1914-10-04
Most Linen Is Cotton.

Most Of the household linen Is cotton,
and there is more cotton than linen In
collars and shirts. All-wool clothing
is practically thing Of the past. Mer-
cerized cotton is as beautiful as silk.
'It is no wonder, therefore. that the
whole world takes such intense in
terest in the calamity that has over
come the cotton industry. 1t is evil
dent, however, from the many uses to
which cotton has been put. that the
recovery will be swift and substantial.
once the initial shock has been adj
justed. 1t is believed that tho world
wide attention directed to cotton by
the war will increase Its use to the ex-
tent of a million bales annually in
America alone, for the people are
learning that cotton as substitute for
other materials is not only just as
good, but better"
Evening star., 1914-10-04
Cotton Combs

1T is evident therefore that cotton
touches all the world. But clothinr is
only one Of the many points Of contact
Did you ever comb your hair with a
cotton comb? Yes. you did, for celluloid
s nothing but cotton treated with acids
All those beautiful and useful ceiiuioid
things would be unheard of IL it Were
rot for cotton.
Cotton is the chief Ingredient of the
Evening star., 1914-10-04
Foreign Banks Gold.

It is interesting to note the changes
that have occurred in the condition of
the great banks of issue of Europe re-
sulting from the war, and particularly
of those in the warning countries. All
of these banks are being protected by
the governments. and with view to
afording all possible support to in
dustry and to ameliorating so far as
possible the disastrous effects of the
war upon the credit situation The
most extraordinary action to this end
is that taken by the Bank of England.
under a guaranty against loss by the
cxchequer, by which 1t agrees to pro-
vide the accepting houses with funds
TO meet all pre-moratorium bills at
maturity, in order that they may re-
sumo operations with current business.
The Bank of England undertakes not
to claim repayment Of any amounts
not recovered by the acceptors from
their clients for a period of one year
after the close of the war. All new
liabilities assumed by these houses in
the meantime will rank ahead of the
banks claim.
The Bank Of England had R53,00O, 900
OF gold on hand September 30.
July 80. last reporting date. the bank