davidaulloa/AmericanStories huggingface dataset:
The Tupelo journal., 1915-03-19
plies Cured In 6 to Il DAYS

Your druggist will refund money Il PAZo
OINTMENT fails to cure any case OF Itching,
Blind, Bleeding or Protruding Piles in 6to "a days.
The first application gives Ease and Rest IS
The Tupelo journal., 1915-03-19

r., M. M. Miller. cashier 90 solemnly swear that
the above is a true statement OF the financial con-
the county of Lee, State of Mississippi. at the
close of business on the 4th day of March, 1913. TO
the best of my knowledge and belief.
Correct-Attest M. M. Ill Cashier.
TIC. Lauderdale. R. G. Dabbs. Directors.
State of Mississippi. town of Shannon.
Sworn to and subscribed before me BY NJ. N.
Miller this the 9Th day of March. 1915
J. d. SPRINGER. Notary Public
NJ Communication axnires July 25. 1915
The Tupelo journal., 1915-03-19
No. 1921
Report of the condition of the
First National Bank

at Tupelo. in the State of Mississippi, at the
close of business. March 4th. 1915.
RESOURCES
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
BUYERS SEEK TIN
AS COPPER Says
Prices Of Metals Generally
Lowered, but Consumers
Place Few Orders.
SOME SILVER Is SOLD

I, was another week Of patient and
wa,chful waiting for sellers OF metals.
Prices were generally lowered. but rom
sumers, except in isolated cases. were
not tempted.
Prime Western spelter for September
delivery was sold at II y cents a pouh..
establishing the low figure since prices
began TO drop from the high levels above
20 ccuts a pound. Higher grades. beirg
more in demand. ave remained MT high
prices, although concessions have TO
some extent been made as n result OF
the break In ordinary grades.
offerings OF prime Western spelter
have had no effect on the market. even
though one concession follows another.
The buyers apparently will tax their
time in getting new supplies, feeling con-
fdent that the longer they delay their
orders the cheaper they will secure their
metal.
The United States smelters have in
creased capacity to such an extent that
an output equal TO one-half Of Germany's
production OF 1918 will be added to the
FORMAL domestic yield. In brief. produc-
ton has passed IRE rate of 100000 tons
annually. Capacity OF the plants In this
country will Don be enlarged to more
than 900. 1000 ons.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
WILL FIGHT PLANS FOR
PUMP REORGANIZATION
Some Stockholders Oppose AS
sessmcnt. as Company Has
Big War Orders.

announcement was made yesterday by
Goldman, Heide q Unger. attorneys for
holders OF a considerable amount of In
ternational Steam Pump Company stock.
that steps would be taken to iigh, the
proposed plans for the reorganization
OF the company. These plans provided
for an assessment OF $l250 per share
on both the common and preferred
stock OF the company. The attorneys
said yesterday that AN independent COM
m!ttee Of shareholders would en-
deavor to work out q reorganization plan
that would better serve the interests o1
the shareholders. Tn statement issued
by Goldman. Heide & Unger Is as fol
lows:
Our clients are of the opinion that the
proposed plan OF reorganization of the
International Steam Pump Company is
most unfair to the stockholders Of the
company, We nave reliable information
to the effect that while the reorganiza-
ton agreement Is dated August 8, 1915,
IT was In fact. made ny four or five
months ago. Since then. We are Informed.
the company has received a number Of
large orders on war contracts, which in
sures a large and steadily increasing
business in the immediate future.
We believe that the stockholders are
entitled TO much better treatment than
Is accorded them under the terms of the
proposed reorganization. A plan is now
under way to organize an independent
committee OF Stockholders. the purpose
of which Is to oppose the proposed reor-
ganization and strive for IA %reorganiza-
ton which will be fair TO all Interested
In the company"
Officers OF the Steam Pump COMPANY
admitted Friday that they had heard ru-
mors to the effect that the plans for the
company's reorganization would be con
tested by n portion of the stockholders.
but expressed confidence that all factions
could he united when the truth OF the
situation confronting the company was
understood. 1t was said on good author
lily that the assessment of $3.50 per
share on both classes of stock was neces-
sary In order to enable the company to
carry on the work on the extensive
war orders which II has secured.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
MORE PACIFIC SHIPS TO GO.
Mail Line Expected TO Dispose az
Its Coasting vessels.

The Pacific Mail Steamship Company.
It is believed, will sell It's seven remain
ing steamers as soon Is a purchaser
can he found for them. The vessels
arc now being used in the coastwise
service on the Pacific. The standard
OF these ships Is not that OF its fine
transpaciic that were bought
by the Atlantic Transport Line. 20 that
II Is expected that the sale OF the
steamers will not bring the company
more than $4,000, 900 to $3,500.000.
The La Toilette law cripples the coast
trade. though not 20 greatly as 1t does the
deep sea trade. Therefore II Is believed
that the Pacific Mail will not a to
retain these The Panama
coast trade has not been profitable.
II is thought that the company will
have a liquidating value OF $45 or $50
a share. The company has working
assets OF s2.7l3.234. against working
liabilities OF $23S.50s and purchase
money notes of $4,000. 900. The pro-
ceeds of the sale of ships. therefore.
amounting to about $4,000. 900 OF &c.,
600, 600. will be available for the stock
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
THE COFFEE MARKET.
Futures Moderately ActAse-Prfces
Advance 1ponE.-

The coffee futures market was mol
erately active yesterday. with prices
Arm. showing an advance Of 4 points.
Most OF the trading was In the Decem-
Der delivery, which was bought by in
terests representing Europe. There was
some selling for New Orleans account,
but this was easily absorbed The
cables were steady. Santos spot show
ing a further advance.
Coffee futures prices declined one
eighth to one-quarter OF a cent during
the past week. There vas active
liquidation at the start. owing to the
heavy receipts and increasing stocks ut
Brazil. In the absence Of buying sup
port, prices showed | steady decline for
several days in succession. Toward tho
close receipts fell of somewhat. There
were reports that the brazilian Gov
was about to adopt measures
for the regulation of the movement Of
coffee. This resulted In a partial rally.
Offers In cost md freights at Brazil
were firm.
brazilian markets on Friday were
irregular. Rio Is were unchanged. while
Santos As advanced so rels to $500.
Rio and antos receipts total $4,000
bags. Sac Ioulo had $4,000 n Jun
diahy $4,000 bags.
Prices wero
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
TRUST COMPANIES NOT MEMBERS
OF FEDERAL RESERVE BANK.
THE GRAIN MARKET.
Grain Markets Lower-Weather
Observation-Disclosures Larger.

The pressure on The wheat market was
continued and the September dropped
to n cent under December. compared
with . cents over on Thursday. when
prices were al the top. The decline was
credited to further increase In interior
offerings. a weakening in the cash pre-
miums very generally and an actual gain
of considerable proportions In the total
Western movement. The Western re-
celpts for the day were 1890, 900 bushels,
compared with 1881 900 bushels a year
ago. Shipments from the interior
amounted to only half OF last years
total.
The Southwest reported tina, Offer
ings OF wheat were somewhat better and
that there was some evidence OF soften
ing OF premiums. Excepting rains at a
few points in Kansas. the weather In the
winter wheat sections was generally good
and continued ideal In beth the Amer
lean and Canadian Northwest. There
has been no interruption TO the spring
wheat harvest and with favorable
weather In other wheat Tho movement
will probably be quite large.
Estimates OF the size OF fhe spring
wheat r continue very liberal and
record or almost record outturns are ex-
pected An the American Northwest. Rec-
cord outturns are looked for In the
Canadian Northwest. due to the In
creased acreage as well as large Yields
There were further reports of cancel
lations of export wheat. but again Lead
ing shippers said tina the reseliing was
owing TO the high prices paid ny une
American seller In order TO get back the
cortracts, making a much larger prom
than thu foreigner would receive by tax
ing the wheat and trying to sell II
abroad.
Corn was lower. with somewhat more
active interest. The weather condhioi,s
have been quite favorable for corn all
the week and favorable advtces are
bcing received as to the progress OF
the crop. The movement Of old corr
has Increased quite heavily during
the week. It considerably exceeds that
NJ last year. At the close OF the week
the market was easier on cash grain.
Oats were weak and active. steady
ing a little at the close. The con-
| tinued good weather in the Northwest
has resulted in rapid progress with
ha ryesting, while the Improvement in
weather in other sections has resulted
in a larger movement Of new oats. The
actual receipts Of oats at the West Tor
| the day were 1,l47.0 900 bushels. against
237, 900 a week N l,&S3,0O0 last
year. While receipts were 5000, 600
| bushels less than In the same week
last year, they were about double the
| receipts In preceding week.
Provisions were dull and lower. Sell
ing was Influenced by the easier grain
ma ket, a decline in hogs and continue
ton OF quiet interest in cash product.
Chicago prices
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
DECREASE IN OIL EXPORTS.
Reporter" Tells Of Drop From
High Figures Of May.

June exports of mineral oils, says
the on. Paint and Drug Reporter. failed
10 approach the unusually favorable vol
une returns for May. which constituted
the high record during the war period,
the most notable declines in June being
in Illuminating oil and the residuum
products. The most creiitablo com
parison W June ard May ship
ments Is In crude oil, while the naphthas
maintained their increasing outlet and
lubricating oils scored a slight gain.
Probably the most encouraging feature
OF the general exports for June IL the
appreciation Of total values in the re-
~lationship OF both the May and June
1914. records. Comparative statistical
details are given as follows
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
COTTON Is HEAVY; /.
SLIGHTLY LOWER
Bullish Consumption Figures
Fail to Offset Other Bear
ish Factors.
MORE WAR MEASURES

Notwithstanding the fact that the CEN
sus report on supply and distribution.
published yesterday morning, was rather
bullish. the figures failed to affect the
market and the undertons was heavy.
The net loss for the day was only a mat
ter OF one or two points, but prices at
one time showed a decline OF practically
10 points from Fridays closing.
Scattered rains in Texas were largely
responsible for the easier undertons.
Precipitation was fairly largo in places.
but the central part OF the state. which
IL in greatest need OF moisture. received
little or no rain. a Brddsfreet despatch
from Dallas said "Some parts OF the
state received heavy rains. while In
other counties the rainfall was light ana
was OF but little benefit to cotton. In
some sections of the state the crop 10
deteriorating the plant IL small. with
the bolls opening prematurely. thereby
reducing the staple" A despatch from
san Antonio also said hat cotton was
deteriorating.
The Census Bureau places the con-
sumption OF American mills during July
at 49S, 900 bales. against AS 900 last
fal ~
rather unsettled time In the textile in
dustry last season. The stock In tho
hands of manufacturers was placed at
l.40i. 900 bales at the end OF July, com
pared with 905. 600 for the sane period
last season. Stocks Of cotton in indie
PENDENT warehouses are placed at l,ISt,-
600, against A25,00D last year. me
world production OF commercial cotton.
excluding lintcrs grown during the last
y ar. Is placed at approximately 22,2oo'-
600 bales OF 500 pounds net. The con-
/ sumption of lintcrs for the twelve
months ended with July Is placed at
4U3, 900 bales, against 30S 600 last year.
Much discussion was created by the
official expression Of the British att
tude toward a |contraband declaration on
cotton OF fully as much significance was
considered the report that the Govern
mcnt War Trade committed was about
to restrict the expectation OF cotton
piece goods from the Lancashire district
on the ground that the fabrics might
reach the enemy through neutral coun-
tries. 1t is believed that a step like
his Is likely to he more bearish on cot
ton than crop developments or even a
/ coutraband declaration. one thing to 10
said in its favor. however. liz that u
affects British industry directly. al
though Indirectly the American cotton
grower would suffer.
Southern spot markets as officially re-
ported were quiet and unchanged. Gal
weston, &c. Savannah. SEC. Houston.
Dc. Augusta, s.G3c. The local market
for spot cotton was quiet and unchanged.
e soc. for middling.
Futures closed steady.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
Cuba II Buying silver Too.

The Cuban Government has been a
buyer OF silver for a few months past
and has taken approximately 1000, 900
ounces out OF the market. On Wednesday
there was an inquiry among New York
sellers for 1000, 900 ounces To be deliv-
cred In London. but considerable mys-
terry surrounded the incident, producers
being unable to fathom the reason for
asking In New York. when good stocks
exist in London.
The greater activity among the cop
per and lead mines Of the United States
has brought into refners' hands a larger
amount Of silver contained in these
ores particularly in the lead material.
London still dominates the American
SILVER market as to price. The daily
fluctuations abroad, however slight.
cause readjustment In domestic prices.
FOR several months h silver market
mas been dull and weak.
There has sprung up a good demand
from domestic sources. On his sub
lect one of the large producing and SELL
ing factors says: 81 do not recall when
The domestic users of silver have been
as active as is now the case. They
are taking advantage of the low prices
10 rcplenish stocks which in the hands
OF manufacturers, jobbers and retailers
nave been allowed to get down very
~ 40 'Ah NV ''liifrtlt dIlltltS
such as spoons, knives and forks"
What goes up must eventually come
DOWN This old adage was applied to
the situation surrounding the metal
markets during the past week. Prac-
tiHally every one OF the common metals
has been seeking for some weeks n level
at which buye II may be induced to enter
their orders, but despite numerous III
qllr!ea few Of the expected orders have
actually materiallzed.
Tin may be regarded as an exception
importers and dealers In this metal say
mat IA good business has been taking
place for several weeks following a re-
action in price to "a cents for spot. One
Important factor in the domestic de-
nand has been the growth In the tin
Whing industry, which now consumes
about 1000 ons OF the country's 0,00C
used every veal The heavy demand fol-
canned goods TO be shipped abroad has
also been = drain on the tin supplies
herc Of late.
Tho most v decline has been In
rretter prices. but this was to be eX-
Ihcted, as the advance was greater thar
IN any other OF the metals. ranging a
h'sh prices to 400 per cent. over nor
ual iovela
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
LAW UNREASONABLE AND HARD
Cruel 10 Punish Man for Carrying
Whiskey In His Pocket.

CLARK sBuRG. w. Va. Aug. l3.-On the
siound that 1t would be "cruel n un-
usual punishment" in the meaning of
the national Constitution to fine a man
500 and put him in Jail for two months
for carrying whiskey in his pockets. a
Jury in a magistrates court here
acquitted Andrew Tillman of the charge.
The charge was made by the prose-
cutting attorney to test the law and this
was the third Jury which had considered
the case and expressed that opinion.
Under the provisions OF the state prohi-
bltion aw the act IL made an offence and
incur the same penalties as for other
liquor violations, Tillman, on the stand,
admitted having the whiskey.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
Battle with Rather Family.

FREDERICK, Nd. Aug. 13.-With seven
rattlesnakes menacing them. and a tuin-
BILE of many feet from the summit OF
White Rock likely with the first mis-
step, a party Of young men and women
under the guidance Of Miss Helen Klein
OF this city fought for nearly an hour
before they escaped.
Two Of the snakes measured about 6
feet ; i've measured about 3 feet.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
EARLY COAL BUYING EXPECTED
Gage" Looks for Release of Long
Deferred Orders.

The Coal Age says: The approach
of the fall season Is the one constructive
feature in the anthracite situation. 1t
Is evident that many long deferred Or
ders must be released shortly. but until
his occurs no activity can be expected.
AT the moment only a rigid curtail-
ment. particularly among the individual
operators, has a general demon
alization. The large demurrage bills.
against even some of the big COM
panies. In tangible evidence Of how un-
usually dull the anthracite market has
been
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
$5O0,000,OO0 CREDIT
BUOY EXCHANGE
British Loan Here to End
Crisis May Be From $780,
OOO,OOO to Half a Billion.
NEED FOR QUICK ACTION

With sterling exchange selling down
TO 46s%. a new VOW record and n drop
of 2 cents In the pound from the closing
prices quoted on Friday, the belief pre-
vailed N, the financial district yesterday
thai negotiations were all but concluded
for the placing In this market OF a
British loa or credit ranging from $10o,,-
900. 900 to $500, 900. 900. 1t vas frankly
admitted by prominent bankers that the
decline In sterling must soon be checked
IL America ts not to suffer as well as
Great Britain by the drop In rates on
London.
The sweeping declines of the past week
have rendered all comparisons vial pre-
lot low records futile. Ii Ia said mat
never since the present Intricate system
II foreign exchange was put In oper-
alton has exchange on London sold ~
such a low figure. 49,
1t is believed that a British credit
would have been secured here before this
had not pride and politics kept the big
British hackers and Government OFF,
Gals from admitting that they were un-
able TO cope with the problem and must
seek aid from the United states. For
several centuries Great Britain has been
the great central money power OF the
world. All International finance was
conducted through her she was the
nation TO whom all powers, large ana
small, looked as the arbitrator OF imam
cial destinies.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
sterling SteRdies FractiOnnlIy.

Toward the close of the market yester-
day sterling steadied fractionally. but
the rally was insignificant as compared
with the recession OF the past week. on
Monday demand sterling was quoted at
475N. Yesterday II sold as low as
a drop OF 6S cents in the pound
for the week. The closing quotations
were 4.G9 for demand and 469a4 for
cables. as compared with Al for de-
mand and 47lA for cables on Friday.
Francs. which have been extremely
weak In sympathy with sterling, sold
down 10 new low records. closing at
sec for checks and 500 for cables,
against n previous close of 5S6i2 for
checks and 5.Sjia for cables.
Marks were weaker at Sl for sight
drafts and 81 7-l6 for cables. ON FRI
day they closed at 81 ll-l6 and SlA
respectively. Italian lire made a g
low record OF Cal. against n previous
low OF GO. while Austrian kronen
dropped 10 1910, as compared with 1912
on Friday.
II was said yesterday by an internal
t,oinl banker that the break in cX-
change had thus far in no way affected
the placing OF or paying for war con
tracts. as all such obligations were being
mot in gold when they fell due,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
Leaves $1,000 Z q Cat, VIII Con-
tested.

Los ANGELES, Cal. Aug. IA be-
quest OF 81, 900 to her twelve-year-old pet
cat, Tiger. was pleaded by J. w. Ross,
a wealthy Chtcagoan. as evidence Of
mental incapacity Of his wife In a con-
test started Of the will of Mrs. Nellie
l.. s. Ross. The estate 70 valued at
$4,000.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
THE BOSTON MARKET.

Boston. Aug. l4-There was an cas-
Ter one to the market for copper sha Tres.
American Zin made n further decline
OF more han a point. Price changes
were not wide. and trading was only
moderately active Industrials and rails
were dull. Tn. summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
BUSINESS TROUBLES.

ISRALD q. HOWELL, 572 East seventy
ninth street. fled a petition In bank
ruptcy liabilities, t3,si7. assets, 20 cents
cash in the Bank OF Amityville. A large
mart OF the debts Is for paints.
LEONARDO D1TANO. grocer. $40 East
18th street; petition In bankruptcy by
creditors. He made an assignment on
July -.
DISCHARGE Granted.
LESTER A.. NOLAN-Juige Hand has
granted a discharge from bankruptcy to
Lester A. Nolan, grocer, Nyack, who
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-15
GAIN OF 100000
IN GOLD RESERVES
Offset, However, by Loss Of
$1,000, 900 in Other
Departments.
FEDERAL BOARDS REPORT

WASHINGTON. Aug. IA gain OF
$4,000 In the gold reserves of tho
Federal reserve banks. Offset by a loss
of $4,O00.000 In other reserves in the
past week, Is disclosed in the weekly
statement OF conditions for the reserve
system made public by the Federal Re-
serve Board to-day. The total reserves
decreased about 5000. 900. Here is n
statement from the board
New York. Philadelphia and Kansas
City show the largest gains in gold re-
serves. partly through increased credit
balances in the gold settlement fund.
while Boston shows a loss OF $1,000. 900.
mainly the result Of transfers on the
os dhe gold settlement fund.
THE noun of discounted commercial
ape owned by the banks at the end
of the week shows a decrease of about
100000. OF the total about 30 per cent.
IL carried by the three Southern banks.
Bankers a"cceptances on hand increased
about Sl3G 600, the larger gain r. ported
by the New York bank being offset in
part by losses shown FOR the Boston.
Kansas City and San Francisco banks.
OF the total amount of acceptances
for which detailed figures were on hand
at the Federal Reserve Board at the
close of business on August 13 about
sI,1OO. 600, or over 80 per cent, w1s
based on transactions involving the inn
portation of merchandise and $4,000, 600.
or about 80 per cent. on the eXporta-
tlon OF goods while the remainder of
about $1,000 0 was lnGeterminate the
reserve banks have failed to furnish
information regarding the nature OF
the transactions which gave rise TO the
acceptances.
The relative amount OF paper on hand
maturing within ten days declined from
1913 per cent. 20 81 per cent. while
the percentage of paper maturing
within thirty days increased from 3l.9
TO 1874 per cent. Bills maturing after
ninety days, practically all agricultural
paper, decreased slightly in amount and
constitute at present about : per cent.
OF the total amount OF commercial and
bankers bills on hand.
additional purchases of si0i. 600 Of
United States 3 per cent. bonds are re-
ported by the Cleveland and Chicago
banks. This class of Government bonds
Is held by the two banks only. and
amounts at present to So ,0iy. Goa. NUM-
cipal warrants I'm the hands of the banks
show an Increase Il sijS.000. all the
banks reporting larger holdings than al
the end of the previous week.
lover GO per cent. of all other re-
sources is represented by atior bank
notes on hand. Net deposits decreased
about $4,000, 900 durarg the week. TIL,
larger decrease of s. SOC, 600 for the
New York bank is represented almost en-
tirely Clearing House exchanges.
Federal Reserve agents report a total
OF Sl43. 400. 900 of notes received from the
Comptroller of the Currency and slO2.-
500. 900 issued 70 the banks. Against tn,
latter amount they hold $S5.s00, 900 oi
gold and $4,000, 600 of paper. The
banks report a total OF $40, 800. 900 OF
notes In circulation. ard a net liability
thereon OF SIS. 10000
Here Is the detailed statement for the
New York, Boston and Philadelphia
banks
RESOURCES.