Daily capital journal. (Salem, Oregon) 1903-1919, 1915-09-15


| important features in the general I'm
ancial situation suggest Improvement IN
sentiment. One is the progress already
evident towards recovery in the steriing
exchange situation, thus removing, IN
corresponding degree, the recent IN
centiye for liquidation by foreign hold.
ers Of American securities. The arrival
at this center of the able representati-
yes of the British and French Treasur-
les and banking interests undoubtedly
opens the door for improvement of a
permanent character. Their object is
to arrange for q substantial credit in
this country on acceptable terms by
means Of which purchases of supplies
may be paid for as deliveries are made.
As so-called war supplies are eonsti-
tutiig such an important factor in our
export trade situation at the present
time, there seems encouragement to
believe tnat an adequate plan for meas
urably restoring the international ex-
change will soon be cOnsummated in
this direction.
1t is true that there has been some
recrudescence Of the strain in diplomat
ic circles, resultii-, from the sinking Of
another liner under conditions agaist
which our own government has protest
ed. The Austrian ambassador, too, has
unfortunately complicated affairs by
his proposed campaign Of interference
Irnito5 T,t4 " Stata" and onr goyernmant has
kaa, ao,stro;noJ 20 ronnost ois recaII
pnt wbile tbeao ore deyelonments that
a,a 20 ha JonIorod anv broad.minded
y;ou, snaoosta clearly that tbeir i'm.
marianne dnrino current times of az.
pi,omnnt 10 vary ant 10 ha overrated'
\vor hatwoon tbo Trnitod Sfataa and
INV of tbe nrosent warring not;opa ia
bigbIv imnrahoble No one wants il
nnd fhoro Is mo incor+iyo NJ a nracticaI
nnt,rn I 90 bp;n0 - ohont pnt rntil tba
war is ondnd 4 ia not ;mnrohohle that
rna,, +;a,o 20 tmo tboro viii roour
III sr,tino eso,, tho nm,rarons
e,'oeno o9pi's 'atal H.,
oa"ee9 wa. Va" "lpo", '' Mna"o. Inu '' onr
'U inoPpo ivu"o ~" a'oJm''' La .ta,n, az. a
na'ionui IHc'"S,,u ~ ""o 'no"" oi',
Son,',enuau'' s!I,,e ssnot ues,eu = rith me- war
iil'it's 49, 1O"Vt,'om r to os "n' tbat +bose
.n": :, 'uea1 SUI IN, 70 i1V 20 ho haDJ
a'i'.'s IA 'noTns WI u0m.in'' @ " W ""
leI III d s"'esi"e'"S WY no4 ,o,,o
seems ia,i w S'st'"V r r.'n 'n"v I,' 40 os =
sol yut ,iD, gNpe,aeno,' M; .n ~" g. yuV Ioat 100
IoIoiSn nlulua'E"' lGnii,. ~. t "o 'a "s o tho
alont"o mn. eop.t'"'I IL 'I,o hoo, aoontinnoIIu
a.ooN "'.'"Vt m"' p'on to,., ", ,,'ost
l'Io,n,hvn' lni, au'oPe"s & So" 20 Sorioo~ nu lVo,
sor"ii.'os s,'.' 40 nv MI MI itsoie - hg
lll''e III many yp",s "is et, =" ieoo'i 20 eo, %y
Nv n,o""o " uoprISS'"s anota ,",a"t" ~ oon. %
"s o"1 w ",a'I Ioe plVspo1as s,,1etoI 49, ~
c,.'n ne", ,t.a,,u, 49, r. n"sa tbat tl,o
i'uunto ai W so,I"s"t 's"n' I"a' ,'a liI,,
:Ni''c''.u" l'i. '' elnss. ia w poon o'Vs',''
~, ~ ,eI',nS h, ~ TL Sh" - ~
tt.y "eil "Diouu, inu liJ"'lns ns supPieSi
lay ",'n1S' yQhl'istu1S p'eis M, ,e'ui nuu
w ud'I s'uv u '"~ ne,a"s't Wv "a ~ t, INV, % e
V"V mn po1Eo nY"m ~ rS' 'TI Tb % "a" ainco ' Hovo
ham ~ m"' "an,rohoso, aS nn, in,nortant
a'at, w. ,t, "'V3 o." M oeSa.ian 49,
","Vu"'S, q" ~ ,ut 'l"io % i"e oii9i.
~ ti, o "stfS 1',I, V'1 n'1 NV NV pil, '.UsU
Vi Wv" N.Y. NV"Su'' "n' liz eI 49, so "S, tSa
"1"S ,i'V ,'s Nv" o"T S"''eu ~, 'nt 's
nooJ,, nn,J, 70 ,,os ata,,' su "v ~ as1o, ",
o" onr, ," ,ho "J niJo" ;sa''a n,o ~ 'tSa So
,o. o NG,' Ioa Is,oi'e & ~ 'I ,"sV 'n nn
"o" o, 'W," aI w S"Vo 90 ,hn4 ~ ~ a JesiJ W ~
- '1n"or, III" 4Tno p&"it;sS ne stit,,n ", V1'auu w w
,,,''ii ,,.sa .aaiia1 9, ,t.,is ''u,ioIo
,,na s ,,, a,,',.,tian aa W,n Nv, di.aa, "o
80, rh,., ,.a 't;ii - 49, %,
Ii' S,i'i aa IH "IiV"ieS uI.a u
rLna 1,Lau' ~ y" s'D.nS "nu Do,"s n',u ao'Dau vo,
80 "'" .ip vJ.ip' '9v sVi'o VI Wv Wy ., DVS'
So 9S'T,i,ius Tahn .,'''T NJ, om ,"o Az" iW
.'VM ,n.ahoa"1 ,ING ~ Avg S,o go'Hs easor
~ no,,a" r'S""'vV "Ss,l to,iVan o,, ,"' vsSOt !,
o"v w. u,i,t W. "' .ogno ogao''s'o"' sn, auu =
~ i I'M t"o" ~ ,""'1'
",, "', I'M w., vo"''n", ~ "tti.e Nv Nv
=" e"a, ~ ' al "V'v .,o "S agnsV 49, ~ ioaso'
ita%niSa % ,"o ''T 'i,v oIs,v Vi rauaHpea'
,mrnnI ,"S',S ~ th, iant "V'Va ""'' ,'",i'e.e',
os ~" so".i H., Wv l'It ~ W 81 i"stvs'
,r,lao'1e s' h. "9"''''1''In 9.''1 ~ - 70 pV'ul
49, "u',V',S ~. '"v E,o""" 'naY " ".ti "
,,",o ,'H ~ ''sv,l ~ a''"u'ine oul III
~ E;naU";n, "S, 'NtnJ"s's, otn'Ins ,.,i.i =,
eoai ,hn ineh,nnao v'o 80 "'v u 'os'H"'"s v
M 49,, 80, 49, ,".''No y, ,"v E."'n NtoP'
n., "'" V"N. DIGHtV' eoua,u',vu "S " W"o''
A,or;,om w. u''Su''s" San', " uo" my" ie'ei "
,iIJ M ',Sm ,',m , ,"," P'Su",,'uu S s Nv w"un ,n
! -" w, wv w i"l iloUi Iuunu WI