davidaulloa/AmericanStories huggingface dataset:
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
FLOWERS FOR
EARLY PLANTING
Sweet Peas, Shirley POppies
and Candytuft Amo 9 Va
rieties for Early Bloom
PREPARATION OF THE SOIL
Best Place to Plant Sweet Peas is in
Vegetable Garden-lnformation of
Interest to Lovers of Flowers.

(By C. A. Keffer, Division of Exten-
sion, University of Tennessee.)
II sweet peas are not yet planted
they should be sown as soon as posi-.
bic. Buy the OrChid-howering, or Spen-
Ger varieties. The named sorts give
the best results, but mixed seed pro-
duce satisfactory flowers Prepare the
soil by spading two spades deep, mix
ing good manure all the way down.
Dig a trench two spades wide, throw
Ing the soil on each side; then spade
q good layer OF manure, a full spade
deep in the bottom of the trench. Fill
in one-half the surface soil, mixing
fine manure with it. This will leave
the surface of the trench from four
to six inches below the level of the
garden. Chip the coat of each sweet
pea seed, and SOW rather thick, as for
garden peas, in line down the center
of the trench, covering not more than
one-inch. Some gardeners cover the
seed with two inches of well rotted
manure. AS the peas grow the trench
Is gradually filled; trellis is made for
the plants to climb on, of brush or
chicken fencing. BY the time the
plants are ten to twelve inches high
the trench should be filled to the level
Of the garden.
1t is best to plant sweet peas in the
vegetable garden, where they can
have thorough cultivation. The
flowers should be picked every day if
large blossoms and long season of
bloom are desired.
Shirley Poppies and candytuft
The best strains of seed are the
Sunset and Burbank Shirley Poppy
and the Empress Candytuft. All gar
| dens that are to produce early flowers
| should be dug deep in the fall with
plenty of fine manure forked in, and
left rough until planting time, when
| the soil should be made very fine and
| smooth. Poppy and Candytuft are
among the hardest flowers, and the
seed should be sown broadcast on the
| surface, without covering, any time
| from January to the middle Of March
| l nave udu Tic DCSL ISoullb IL OlLA ooA
uary sowing. The peoples being OF
many shades, from deep red to white
| are best sown in beds by themselves
The Shirley peoples are the best OF
| their family for cutting, but thew
should be cut in the early morning be
fore the dew is off, and placed al
once in water, or they will wilt. Garry
a vessel of water to the garden and
set the peoples deep in 1t, and they
will last quite while. To prolone
the season the flowers should be cut
avery day.
Empress candytuft is white variety
bearing very large clusters. It is es
pecially good for sowing broadcast
among perennials, or as ground cove
among later blooming nlants. Proper
ly grown it covers the soil with
sheet of white bloom. and it is one o
the best spring flowers for cutting.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
Sailors Rest.

81, einI TO the Nez0S.
AS have seen nothing in the News
from this place for the past few weeks
thought some one would like to
know that we are still among the liv-
ing.
81 d. Whittle, our efficient super
intendent, spent tue day Sunday with
Mr.. and Mrs. Belt Walker, of Boyn-
tonville.
Mr.. and Mrs. Luther Fritts spent
the day Sunday with Mr.. and Mrs. I
Fl. Dority. of Needmoel.
John Keegan. of Hopkinsville, KY,
Is spending the week end with F. G.
Riley
Ben Wrinkle was in GAINESVILLE and
Lock B., Saturday night and Sunday
on business
Milt Doyle and family spent the af-
erpoon with Mr. and Mrs. Luther
Fritts and Mr.. and Mrs r. X. Hood
Friday.
Joe Patty arrived few days age
from Jasper, where he has been spend
ing the winter
a L. Williams and Wilson Bowers
went down to Sailors Rest Saturday
night.
Count Maberry, of Nashville, form
erly of Hales Bar, Is here for the sum
mer.
John Read was at the camp of
ARM trong and Bragg Saturday even
ing.
A social largely attended and great
" enioyed was gwen at the home Of
Mr.. and Mrs. Milt Doyle Tuesday
night
r. 81. Marsh and Jess Allison Wis
iteI M. l.. Williams Sunday after
noon.
Quite a crowd from this place at
tended a party given at the home O
Mr. and Mrs. Reagan. at Dry Creel
one night last week. going up and re
turning in motor boat belonging t.
Wilson Bowers The party was com
posed of Mr.. and Mrs Luther Fritts
Mr. and Mrs. Milton Doyle, Mr. ant
Mrs. r. X HOOD, Mr.. and Mrs T
IA Dority, Miss Ethel Snider, Messrs
John Reed and Wilson Bowers. Al
report a most delightful time.
Messrs Fred Owings and Ralpl
Boynton. of Boyptonville, were her
Sunday morning.
Mrs. R. K Hood called on Mrs
| Milt Doyle Sunday afternoon.
Mr. and Mrs Ernest Knight spen
Sunday with Mr.. and Mrs. W. s
| Simpson.
Mr.. Ivy and r. Fl Henry Of Su
der's Landing, were here Saturday.
Joe Asher made a trip to Sailor
Rest last week i,
Messrs Whittle and Reese went rat
bit bunting one day last week an
killed eighteen rabbits and we're gon
only few hours.
As work has started up at this plac
again, we are expecting number {
our East Tennessee friends and reis
tives, as they all seem to like thi
place.
Etna Tenpessee. "Lock G.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
LOCAL.

The handle works will start full
force, it is reported. Monday next.
G. Sherman returned Tuesday from
Red Boiling Springs, Tenn, where he
made a short stay.
L. l.. Hudson, Of Whitwell, has en-
barked in the auto service business,
and is operating q car.
Earl Hoback has sold out here, and
has, it is reported, bought q small
farm near Whitwell.
W. D. Curtis, Of Cumberland noun
tain. hands rs 25c on his subscription
for current year. Mr.. Curtis is one Of
the steadiest young men OF the section.
Sherman Smith Is in Chattanooga,
In spring practice with the Lookout.s'
He has not secured berth on the
team as yet, but the management
promise to place him somewhere, pro
yided he shows the right kind OF stuh'
Yesterday was st. Patrick's Day.
and Won didn't see that big parade Of
Irishmen In Sequachee, did your a
fine cartoon in the Tennessean depict
ed an old Irishman standing by thu
grave Of st. Patrick by the side OF tht
ocean watching divers sea serpent
swimming toward him, labeled, seer
many" ETC., and causing him to say
"Begorra, the snakes are coming
back.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
POSSIBLE CANDIDATE
FOR TRUSTEE
Mr.. D. 7. ThaCh, of Kimball,
Urged to Make Race.

The next county election is some
distance off as yet. but that does not
prevent the friends of Mr. D 7.
Tnach, OF Kimball, from urging him
to make the race Mr.. Tbach, in our
estimation, would Prove al excellent
official IN every way. He Is a Grip
pie, being afflicted with Rheumatism
in his bips, % that be is unable to
work at manual labor He is con-
Quoting a small store at Kimbal at
present, but as we understand it, the
income is limited, and Mr. Tbach
needs the fees Of the Office 20 the ac-
ouisition of which his friends are ur-
ging him
10 letter to the News. MI Thach
says. speaking of his proposed candl-
dacy:
81 am thinking Of announcing later
on as a candidate for County Trustee
I am not able, as you know, owing to
my crippled condI ton, to do any kind
of manual labor, and have not oeen
for fifteen years, but ! can write tax
recent and keep neat g. OF DOCKS
| need the work-especially the fees OF
the office-and should the people OF
old Marion see fit to make me their
trustee for the next term, no one could
appreciate the favor more than l, ana
/ would do my best to prove to You
my appreciation of the great favor by
making Marion county faithful,
efficient aud courteous Official
NOW, have not as yet fully deci-
ded to enter thu contest, for 1t Is big
undertaking for one in my condition,
not q BILE to riUe horseback. owing to
the fact OF my being so stiff in my
hips, but N sounding the sentiment
of the people from different parts OF
the county. and should l receive the
proper encouragement and so far
have-I shall announce my candidacy
later on in toe county pa 1ers.
We cordially endorse Mr. Thach'
candidacy, If he so decides. and be.
lieve that very large delegation OF
Marion's citizens will give him theiI
un iivided support at the proper time
Certainly no man has better claims or
the Office by needs and qualifications,
aud his experience as former trustee,
when he was elected by splendid
majority, will prove invaluable IL
event of his election.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
EASY AND PROFITABLE
A Well Bred Boar Selected Out OF a
Litter Of Twelve Pigs Worth
Dozen Sows.

(By r. M. Murphy, Division OF Exten-
sion, University of Tennessee.)
The easiest and most profitable way
to get into the hog business is by buy
ing a pure-bred boar to use on good
grade sows. A grade sow that can be
sold for no more than her value on the
pork market Is worth to the pork pro-
Queer as much as a 500 pure-bred
SOW, A pure-bred SOW costing less
than $50 as a gilt, will rarely give sat
lsfaction as a breeder, for the chances
are that she is out of litter OF eight
pigs or less, and consequently can be
expected to produce only small litters.
The producer of pork must have large
litters. Grade sows selected from pro-
life mothers will produce much larger
Filters than cheap pure-bred soWs.
Their pigs will not have the finish or
show qualities obtained from pure
breds. but If they are mated with first
class boars they will make gains as
satisfactorily, and produce as much
pork. with less than one-haf the IN
vestment.
A we'll bred boar selected out OF q
litter of twelve pigs Is worth more
| than a dozen sows. The influence OF
the boar is apparent on every pig
! raised, while the SOW influences only
her own litter. II thirty sows are
bred to a single boar during one year.
and they produce eight pigs each, or
two hundred and forty In all, the In
auence of the boar is thirty times as
great as that of any one of the soWs.
Select lengthy pigs from large lit
tiers of twelve or more, IL possible,
good grades, with strong arched backs
deep sides, smooth shoulders and well
developed hams, for brood sows, and
then II they do not produce satisfac
tory filters, they may be converted
into pork at no sacrifice.
Buy first class pure bred boar Out
OF a little of twelve or more, regard
less of price, of the breed OF your
choice, and mate him with the above
sows and success Is assured.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
ACCUSING GOOD ROADS SPIRIT,

We are not so particular about
where the Dixie Highway crosses this
comfy so that it does not miss it. Ot
conrse we would prefer for it to go
thru Spquschee where the best ROAD 10
climb Cumberland mountain is built,
and when is tho "original" and best
route to Nashville. II it must go mp
the valley or Gown the valley so long
a. il enters Marion county, we will be
satisfied. With a good highway to
centre to, other good roads will be
ahortIv built to connect with 1t One
thing ia certain that the Dixie High
way project is arousing good'
wholesome lot of good roads spirit,
which will eventually prove OF great
benefit to the entire section, and the
result of this movement will be
at once felt in the giving of work to
numbers of people along the route, as
the road is to be built in scientific
manner, and maintained in good or
der Perhaps the French manner OF
taking care of road will be adopted,
whereby men are kept constantly at
work repairing any little defects that
may develop, and thus the entire road
is kept in as good condition as rail-
road. And why mott Is not good
high way as valuable as railroad, and
should it not be kept in as good re-
pair The Dixie Highway movement
should teach people something.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
WHITWELL'S CHANCE.

whitwell people are greatly interest
ed in the Dixie Highway project.
Whitw ell has long sought a highway
to Chattanooga. and the James iiea OF
coming to this valley via Signal Noun
tain, appeals to them strongly They
should unite now and pledge enough
money and labor to complete the work
which mas been already done on ket'
ner Gap road, and on mountain top
AMI in valley. and show Mr.. James
that they mean business in the mat
ter We do not know what 1T will
cost, but no doubt, il approached Mr..
James will instl net his engineers to
dra up an Approximate estimate OF
such cost. This is Whitwelis chance
in years and should be accepted now
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18

We know of young man who has
purcha ed few acres of mountain
lanl, and by hard work and careful
management, is gradually improving
it, That young man has good sense
aud will come out winner. The u.s.
usl way is to rent place from some
one else, and pay rent year after year,
and after lifetime wake up and find
that you are as poor as when you en-
tered the world. It's not the big land
or, but the little lander, after ALL that
counts in the long run.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
PLAN 7 5.

April 1st we will have ready for plant
ing nice large tomato plants 10c doz; Sc
lect large bell sweet pepper plants, loc
doz; fine celery plants, 10c doz., dozen
for csc; early turnip beet plants &c doz.
All orders for SOC or over postpaid.
II. e. HUDSON, Whitwell, Tenn.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18

Women readers of the News will
surely accept this offer Of McCalps
Magazine, land one Free Dress Pat
tern) Home Life, Woman's World,
and Sequachee Valley News. all one
year each, for $500. u
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18

On account Of considerable rush OF
matter, regarding Dixie Highway, we
reserve the publication of large
amount of controversial matter until
NEXT week,
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18

The prosperity of country depends
largely upon what you and ten mil
lion others do, SO get up and do some
thing. Don't loaf.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18

The building Of the Dixie Highway
via Wbitwell would give Marion coun-
~ a lot more good roads That Whit
we'll road will never be much until
gravel of the right kind Is put on 1t
The article used 80 far 10 hardly gray
al.
Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1915-03-18
GASOLINE

Motorists desiring gasolene can get
it from US.
HILL & SON,
Sequacbee. Tenn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
FINANCIAL RECORD
HERE AND ABROAD
Securities Irregular and
Close Heavy-Weak-
ness in Some Issues.

S,curitie. Yesterday were irreCuIs'
.rd closed heavy, the tone OF the 'rsu
irr being depressed by "eahheS ~
,roc;al ;ssu.s Al the opening wv
r,a,tct for a while exhibited IalrlS
cr-, sorcarance due 20 short coNer'nE
but nrices declined ss weak spo's de
,.o'oned and slight declines ana fAI'eS
foilowed throughout the day. nuH'.
ross wns expanded little from thal
~ ~ d,v before. but tho total was
lrr, a littie over 100000 shares. Bono
Dr.ce, were rather irregular. WIN ''"u
,rg we'll distributed.
American Sugar was again u"ue.
pressure and made maximum loss o.
1 points, going more than 3 points oe-
low tho hirh level Of last week Cana
dian Pacific. sold for foreign account
was particularly weak early N the o"l
nd closed after some recovery more
,har roint down. Southern racine
was fairly heavily sold, and ended the
Say a. lis Lowest, over point oc'o"
Wcdrceday's final figure. The convert
yIe ne we're also weak. Reading, ai'er
earr, frmncss. closed a fraction down
and S,cel was a shade higher. BethIe-
lcm steel advanced in heavy trading
though II was again announced ina,
dividends on the common stock "ouid
be roe.roned until Improvements had
lcc7 completed Again there we're
some marked gains among the special
fce. with automobile shares parucu-
larry strong.
Tie Federal Reserve Bank IN this
city reduced its discount rates 10
rcr cent for thirty days and AZ tor
thir,y 20 ninety. Boston and st. Louis
have also lowered their rates, so thai
I per cent for thirty days now prevails
in most OF the reserve districts. Al
present monetary conditions are such
that redisCount operations are hght'
but rs emergency currency taken out
in the first month OF the war now car
ries q charge Of per cent It's retire
ment should be fastened by the ability
70 rediscount commercial paper st IA
vorable rates.
In this city call loans were made as
low as Is per cent and were renewed
az ., but fixed date funds showed
little hrmer tendency. Exchange rates
continued easy, demand sterling clos
ing a shade lower. Discount rates in
London we're a trife higher following
the publication of the Bank OF Eng
lands weekly return, which showed re
serve about y OF per cent lower, a.
BIZ. The bank lost over Sl,500,00O in
gold during the week. Payment Of an
other instalment on account Of the war
loan Nss made without difficulty.
Transactions in securities in the Lon
don market were few, but prices were
steady.
General news Of the day had little
or no market effect The Presidents
suggestion that il might be possible
20 amend the antitrust laws so as TO
allow cooperation in foreign trade
was approved here. The Chamber Of
Commerce in this city Endorsed a
suggestion that men trained in rail
road management and of broad bust
ness experience be added TO the Inter
state Commerce Commission.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
PUBLIC UTILITY SECURITIES.

'Par value. $50. tx dlyidend-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
Wm.A.Read&CO.
New York
Chicago Philadelphia Boston London
MONEY AND EXCHANGE.

ILDTEAI OBSERVE DISCOUNT RLrE.-Fo,
uiuy dos. { r-r cent 'o' thirty TO NINETY days
e. per cert
CALL MONEY oper ~ A. . p-r cent. highest !
re- cent lowest Is ~ cent closing ~ per cant
renewal . pcf cent
TINE MONEY was aul., rats SsSH FER cent
MERCANTILE PAPER va, moderately Irti-.
RuIrs rstes Sfg6I per cent Tor hes, names bank
sccep,Sno,s = per cent
CLEARING ROUSE srATENENr.-LIchInse,.
see NTlSo. balance tTlioH3 The Sub.
Treasury vas a creditor 70 the amount Of $50
SUB TREASt EY..NCu Yort hsrk gained
FROM ths sub. Treasury 3iit'i.oco. and gained
t'ar, FRIDAY g. go COO
ulpERAL HESEUNE DISCOUNT RATES ELSE
WnLEE. bo.'r. iOr 'iiy dDs. Ter cent 20
~ rruf. C'e,c's.I fo- trirry dave ~ Tor thr,J
K,Inond. '.r .'p ds's - per cent. 'o' shy
chicago. s.5 .. p,r or',. s. Louis. and -
50 ttf, 4 S.I e. rrr crtI. Dzuss 4 and "a
pcr cert. San ron.s.o. s'd "a yer cent
DOMESTIC rNCHANGr Bos'o7. pa; chicago
if.a-i.ee. g.. premium.
BANK ,LEAElNCs Boson. exchanges SOS
S. .af go balance 5 02H.t1. chicago. exchanges
sI,sr.s, So 10. as balance 1l,.t 5OI. & Louis.
tIghargss 81 Do. 80. balances s. 2...S-9
SILNIR MARitFf Bar silver i1 London vas
~ an oun,s advance o. "a. New lo,k quota
tic,' vss isi.c W q. Mexican sil'cr doiian
80 ei,r
s-u,s a1t iT,sa.st I, c.osed w,sk London
cable. $50. demand. s565. Paris. cable.
us. So s' sal, s's i hi, d.5 Si. Io aJs
IisHkcr SpD la5s. AZ. ninety DAYS ~.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
FEW STOCKS SOLD
IN LONDON MARKET
Prices Steady in British Issues
and American ShareS-Dis-
counts Firmer.

London, Feb. A.-The stock market
to-day was only moderately active, and
only a few home rails, colonial stocks,
Russian bonds and Russian mining
shares and Ksfirs were traded In.
Prices were steady.
American shares opened dull and
varied little throughout the session.
The close was uninteresting.
Consols for money closed unchanged
at 6Sh.
The call for payment Of an install
ment on the war loan was easily met,
but discounts hardened on the Bank
Of England return. Money loaned at l
per cent; discount rates for short and
three months bills were IL per cent.
Gold premium at Madrid, 2.40; al
Lisbon, a..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
CROWD MORGAN OFFICES
Statesmen Eager to Sell War
Supplies for England.

Following yesterdays announcement
that J. 7. Morgan & Co. had obtained
the services Of President Stettinius
of the Diamond Match Company 90
supcrintend the purchase Of war sup
plies in this country for the British
government, the Offices of the bankers
were crowded all day with statesmen,
who offered anything from chewing
gum 10 army mules.
The clerks had 20 work overtime in
giving each one a hearing The sales
men came by scores and taxed the
capacity Of the new department to the
utmost.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
TRADING in THE
CURB SECURITIES
Business Materially Reduced
Price Changes Generally
Smali-BOnds Dull.

Trading in the curb stocks yester-
dsv was materially reduced, while
price charges werc small. Moto'
shares commanded the greatest atten-
ton in tho industrial list, Willys-oYer-
land improving points and heiIy
Springfield Tire l. Tobacco issues
wer, dull and fractionally lower.
oil stock, nuctuatcd little, with the
execution Of Prairie oil and Gas, which
moved up .. and Prairie Pipe Line
which gained +. Mining shares were
less active but generally steady Inc
bond department was dull, with closing
nrlcea unchanged.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
PRICES BEAT WAGES ID Pc.
Prof. Fisher Says Pay Has De
clined Since 1896.

Boston, Feb. e. Statistics showing
that from 1895 the balance OF prices
and wages has left the average wage
Garner Il per cent behind, were pre-
scented By Professor Irving Fisher, of
Yale University. at the arbitration
hearing on wages Of Bay State street
railway employees to-day. The purchas-
ing power of a wage Garner, now, &C
cording to Professor Fisher, is only
81 per cent, as compared with prevail
ing prices.
lie said that this percentage was
lowered per cent last year. but that
so far this year it had shown a ten
dency TO rise.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
PITTSBURGH STOCKS.
Railroad Earnings.
The following railroad reports 70
December were made public yestel

The following railroad reports for
December were made public yester-
day:
New York New Haven 4 Hartford S.
oi5OIl IL S+Ts.ls3 net after taIss 81 oe3 96i
decrease t3i.65J.
New York Ontario a Western Gro. $50 100.
decrease Sj9j: net AFTER tsIes 3los.ell. Increase
81 .2fi -
central New England Railway Gross S2os.72s.
decrease :3055l: net AFTER taxes sle3.Ss. Increase
8. So.
Dcuver & Rio Crtnde-tiross. 81 65i. ass. decrease
500 i1f after taxes t5oosfs increase tSl oI6
Northern Pacihc-jross s.6T9.1ei decrease 81
lbs l6o. net 2.Os0Tlj. decrease 1851. ?2s.
Minneapolis ~ Paul & ssnlt Ste. Mare-Gross
o29. increase 500. 500
International 4 Great Northsr.-Groes 1907 9e5
increase 800. net after taIes 3loit6. increase
tl6j.932
Gre., Norhen--e;rcs, t5sS.s7e. decrease 81
36i
81. Louis. Iron Mountain d scuthern-Gross S2.-
tsi s:3: decrease ts3e.sl' net t;st.sso. decrease
t59Jsil
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-05
ERIE TO RAISE INTEREST
Rate on Two Issues To Be In
creased to 6 Per Cent.

Albany, Feb. 4.-The Public Service
Commission has granted the spplica-
ton Of the Erie Railroad Company TO
increase the rate OF interest on its
Erie and Jersey and Genesee River
Railroad bonds from TO per cent
per annum. and also 70 lease these two
lines by the Erie and TO merge them
into the company's system.
George +. Brownell, general counsel.
announced at the hearing that an Of
fer had been made by J. P. Morgan
& Co. to purchase s13,0Oo,OO0 of the
bonds at 9s'3 TO Oh. Mr.. Brownell
said this price, which was net and
without commission, would permit the
Erie TO carry these securities At the
higher rate more chesply than under
the present plan Of short term notes.
The Erie plans 10 sell the two issues
Of bonds to pay off, with the proceeds,
S6.OCO,OOO notes maturing March /,
g.. 100000 Of the Sl0,000,000 notes
maturing on April l, and all Of the
s4,550,O0O maturing on October l next.
The S7.5OO000 balance Of the April
notes will be extended for two years.
This plan will clean up the company's
floating debt and meet all capital ma
turtles before April /, 1917.