davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
FLOTAT|0N Of A LOAN
IN j. s. INEVITABLE
London Newspapers Discuss the Ne
gotiations Begun by British
Government.
Anticipate Higher Rate of Interest
Here Than in England-Ger-
man Gold Supply.

LONDON. August H. 5:35 ,m.-The
financial newspapers devote much space
this morning to discussion of the
American exchange situation. They
generally regard the f1otation of a
loan in New York as inevitable. The
only difficulty they see is that higher
rate of interest must be paid in New
York than would be necessary here, and
therefore steps must be taken to pre-
vent British investors from taking up
the new securities.
The Financial Times believes the
foresee the present situation, and pro-
vide for 1T some time ago. 1t thinks
this could have been done by allowing
foreign investors to subscribe to the
regular war loan free of income tax.
The same paper adds that the course of
the war during the past month has
rendered the readtustment of a bal
ance more difficult owing to the loss of
prestige to the allies through the fall
of Warsaw.
The Financier thinks the loan should
be at per cent. redeemable in from
ten to fifteen years. This would make
a powerful appeal to the American in
vestors," the paper says, lat a time
when the return on the best American
railway bonds is only shade over
per cent"
The Financial News urges prompt &C
tion calling attention to the fact that
the excess of American exports soon
will be largely increased by the usual
cotton and grain shipments. as well
as by the constantly increasing HOW
of munitions"
The simple fact is that if we cannot
sell securities to Americans they will
not be able to sell their goods to u.s.,
says the Times in discussing the prob
lem of American exchange and the pre-
posal to issue a short-term British
loan in New York.
Gauges American Sentiment.
I'VE believe" says the Times, that
Americans would prefer to buy new
British government security rather
than that we should go on selling
them American securities held over
here. OF course. We are ready to send
gold over whenever it is demanded by
our creditors. There need be no diff
Guilty in our forming a gold pool of
$500, 100000 If need be for sending gold
to New York. put Ii wouIu an abb
surd thing to do if other means equal
ly good are available.
loan is the best plan. 1t should be
dollar loan at par free of income tax.
and we should not object to a level 5
per cent interest rate.
mo definite amount need be stated,
but bonds might be issued of two. three
or five years date for whatever amount
the circumstances demanded. This
would avoid the danger of large is
sue being undersubscribed."
Germany's Gold Supply.
BERLIN. August Is. via London, Au-
gust II, % a.m.-The weekly report
Of the reichsbank issued today show
that the gold supply increased A.
$4,000 marks S11,95O, 5000; metal
stock, treasury certificates and notes
Of other banks, 74,242, 900 marks us,-
60,5O0); deposits, 109,935,OO0 marks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
French Bourse Is Firm.

PARIS, August 17.-Prices were firm
on the bourse today.
Rentes, IS francs 80 centimes.
Exchange on London, 81 francs 80
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Reichsbank Shows Gold Increase.

BERLIN, August II, via London.
12:3O pm-The weekly statement of
the Reichsbank shows an increase in
gold supply of 1,SS3.0o0 marks $420,.
1907, instead of 41,S02,000 marks. as
given last night.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Money to Loan

Secured bv First Decd OF Trust Real Estate
Prevailing interest and commissions.
Joseph |. Weller, GO F St. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
NEW YORK COTTON.

Quotations furnished by W. B. Hibb. L Co.
members New York Stock Exchange. New York
Cotton Exchange and Chicago Board Of Trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
WHEAT PRICE ADVANCES
ON BAD WEATHER REPORT
Fresh Decline in Sterling Exchange,
However, Counts Somewhat
Against the Bull Traders.

CHICAGO, August 1S.-Storms over a
wide area and a forecast of more led
to a decided advance today in the price
of wheat. 1t was feared that thrash
ing and shipping would be interfered
with to serious extent. Receipts
here showed a material falling off as
compared with yesterday. On the other
hand a fresh decline in sterling eX-
change counted. somewhat against the
bulls
Opening prices. which ranged from
a. off to Is up. with September at
1.o4a, to 1.O5 Il and December at 1.O4s4
to LOS. were followed by material
gains all around and then moderate
etback
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
LIVERPOOL.
Washington Stock EXCHANGE.

SALES
Regular call--Wa shington Gas IS 81 900 at 1o5.
,o Sapital Traction 5s. $500 at 1864. $500 at
., Potomac Electric Cons. IS. $1,000 at 100a.,
si;vOo at lOtx $1,000 at iOO5s. 81 900 at 1OO5s
Washington Railway COM, % at Ssla
washington Railway pfd.. 10 at SOL,
!.anston Monotype, ut 20, 10 at So 4 at 80
continental Trust Company. 10 at 49, 10 at
116 10 at 116. at 116
After call-Capital Traction 5s $500 at 1861.
Bid and Asked Prices
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
NEW ORLEANS.

NEW ORLEANS, August 11.-Cotton
rose to points on the opening to-
day on buying induced by good cables,
but Immediately after the call Offer
ings increased owing to favorable
weather reports from the belt and the
belief that rains accompanying the
Prices broke sharply and at the end of
the first half hour of business stood six
points under yesterdays close
Futures opened steady. October, 9.12;
December, 9.28: January, $50; March,
97S, asked: May. 9.94
Contraband of war talk increased
pressure on the market and the de-
cline was widened to 6 to points.
Toward the middle of the session the
market steadied and at noon prices
were only 4 points down.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Nearly 100000 Arrives.

Nearly FIVE million dollars in foreign
gold coin reached Wall street during
the forenoon from ottawa for the ac-
count of Great Britain. This. it was
reported. practically exhausted the
Bank of England special deposits of
about $12O.000,000 there, nearly all of
which had already been shipped to the
United States. At the Office of j. Z.
Morgan & Co. to whom the gold was
consigned, it was said that no further
consignments of gold from Ottawa had
been arranged for or were expected in
the near future.
The arrival of this gold. however,
failed to defect the rate upward, the
sum being but small fraction of the
bills which American manufacturers
and shippers Of war munitions and
other supplies are pressing against
BUYERS abroad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17

Selling Elk Dividend Today.
National Biscuit preferred, IA.
Hourly Sales of Stocks Today.
Touam.. ..3S0O0 10 I'm. $50, 100
To lp.m.. 1850 To ppm. .SS2,80o
High Low
Cali Money. ia ia
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
LIVERPOOL.

LIVERPOOL. August 17.-Cotton-
Spot steady. Good middling, 5.76; mid
5000 bales: for speculation and export.
1000 bales. Receipts, 1000 Futures
quiet August. $3.50; August and Sep
TENDER. 5.2SA; September and October,
5.33; October and November. 5.39h
November and December. 5.44; Deem
Der and January. 5.4S1a; January and
February, 5.52h; February and March.
1885,; March and April, $50; April and
Man. 5.63: May and June. $685.; June
and July. 5:e9h; July and August,
7?ln
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
BALTIMORE.

Special Dispatch to The Star.
BALTIMORE. August 17-Wheat-
Firmer; spot No. red, 1.13sA spot No. .
red western. 1.l6A: August No red,
LIB: September No. . red LIP: steamer
No . red, 1.o7s4: receipts. 1903 bushels
exports, 4o6.365 bushels; southern by
sample. s0al.10; southern on grade,
1.O7a1.134.
Corn-Receipts. 1906 bushels; ex-
ports, 22.343 bushels.
Cats-Unsettled: new No. 3 white 81
sales: receipts. S,oS9 bushels
Rye.Firmer; new. No. western ex-
port. 1.O1a1 0s: receipts, 1868 bushels.
Hay-Irregular; no quotations.
Grain freights-Firm: steam to Lv-
erpool, per bushel, unchanged; picked
ports, per quarter. unchanged
LIVERPOOL.
LIVERPOOL. August Wheat
spot No = Manitoba. 11sslad No. 3,
is 6lsd No: l northern Duluth. lis I'd
Corn-Spot, American mixed, new.
0s Id.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
[ANSTON VERY FIRM;
ADVANCES TO 50 BID
Company Said to Have Sublet Large
War Orders Running to Millions
of Dollars.
Better Market for Bonds-Washing
ton Market Company Explains Its
Property Dividend-Notes.
BY I. A, FLEMING.

On the Washington Stock Exchange
today the official closing bid for Lans-
ton Monotype shares was so and the
asking price So. Actual sales were made
at 20 and So and with each advance the
offerings decrease and the chances are
that if So is touched this week there
will be little stock for sale.
Lanston is said to now be regular
war stock. Not hundreds of thousa nds
of dollars worth of war ORDERS but
millions actually landed. too much for
either the American or the English
plants to undertake.
The story on the street is that the
company has booked sl0,000.00o to
$4,000, 900 order and has farmed it out
with certainty of good resultant profits.
Two weeks ago LanSton sold at 81 a
share: today at so admittedly the
branch in England has not been max
ing money manufacturing monotypes.
but it's capacity production is going
into munitions.
There is another story that repeti-
tion of the order for over 100000
worth of gun parts placed with the COM
pany, and announced for the first time
two weeks ago. can be duplicated any
time the management cares to book 1t.
There may or may not be some ex-
aggeration in the rumorS of orders al
ready booked by the Eanston Company.
but one thing is said to be certain. the
accumulation of stock is good: actual
buying orders are on the market every
day. and the company has subjected
contracts.
1t is also fact that stock for which
there was little demand two weeks ago
20 points below today's price is readily
Salable at the advance
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
NEW YORK,

NEW YORK, August 17.-Flour-
| Barely steady
Pork-Easy: short clear, 1S.50a 20. 90.
Beef-Quiet
| i.ard-Easy: middle west SO5aS.1j
Molasses quiet.
| Hay--Firm
Hides-Steady
| Leather-Firm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Germany's Gold Supply.

BERLIN. August Is. via London, Au-
gust II, -1:22 a.m.-The weekly report
of the reichsbank issued today show
that the gold supply increased A.
$4,000 marks $11,950, 5000; metal
stock, trea sury certificates and notes
of other banks, 74,242, 900 marks us,-
$50, 5000; deposits. 109,935,OOO marks
($27, 483,75O). Discounts. including
treasury paper, decreased 34,494,OOO
marks Ss.623.500); loans. $1,000
marks $147.750); securities. 1,079 900
marks ($269. 1900; note circulation, g.
III, 900 marks s17.179,25O).
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
DOLLAR NOW MONARCH
Of EXCHANGE MARKET
Slight Improvement in Foreign
Rates in Yesterdays Rally
Wiped Out Today.
Nearly 1000, 900 More Received for
Account of Great Britain-Bankers
Expect England to Protect Credit.

NEW YORK. August 1.-THE slight
improvement in foreign exchange rates
gained in yesterdays late rally was
wiped out at the opening of the eX-
change market today. Pounds sterling
again touched the bottom quotation of
4.64; francs made new low record, 604.
two cents under yesterdays lowest
quotation: and Italian Hres were
acutely weak, falling to $50. seven
cents under the closing figure of yes
terday. and six cents below the pre-
vious low record.
AS on yesterday, the exchange mar
kets were in a condition of demorali-
cation. Quotations issued simultane-
ously by leading banking houses
showed variations of a cent to a cent
and a half on sterling with correspond
ing discrepancies in francs and Tires.
In the chaotic condition of the market
it was impossible to ascertain whether
these quotations represented mere Of
feringS or actual business.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Financial Notes.

Wall street expects a receivership for
Missouri Pacific. The time for deposit
of certificates expired last evening. and
the reports are that the plan was a
failure. Directors meet today.
France is in the market for zoe. 900
tons of steel bars and billets. In the
meantime franc is worth little
more than II cents in dollar money
Orders on the books of the Pressed
Steel Car Company indicate profits of
S5.000.000 for the common stock.
Electric street railways in Ohio in
creased their earnings in 1914 by S.
$4,000 net
New York believes that a bond issue
by the Federal government is being
considered, IL not pending.
Four per cent is still the ruling rate
FOR time money, twelve months, in New
York.
Mexican dollars are now worth AZ
cents in New York.
The bethlehem Steel Company is NOT
negotiating for the purchase of other
plants. neither the Crucible Steel nor
Aliis-Chalmers
Du Pont Powder shares are quoted
ground 500 share: Winchester Arms
stock has advanced to about sl.7OO a
share.
Mergenthaler Dividend.
Mergenthaler directors have just de-
clared the regular 2,a per cent divi-
uend.
Condition of the Treasury.
The condition of the United States
Treasury at the close of business yes
terday was:
Net balance in general fund. $751;
:12.O13.
Total receipts. s1,59S.43l
Total payments, sl.S11, SOS.
The deficit this fiscal year is SEA
ss1 1887. against a deficit of s7.s56,270
last year. exclusive of Panama canal
and public debt transactions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Increases Paid-in Value.

At meeting of the board of direc-
tors of the Washington Market Com
pany. held recently. the following reso-
luton, which explains itself. was
adopted:
THE surplus profits Of this company
accumulated since its incorporation.
and invested in the Improvement of it's
properties, exceed s250.00O. which ac-
emulation is the property of the
stockholders, and should be transferred
from surplus to capital account and
the value of shares be better indicated
by the share certificates, now, there
That property dividend of $3.50
per share to be charged against the
surplus account. and to be credited on
the books Of the company to each out
standing share of' capital stock. is
hereby declared; and the officers of the
company are directed to call in all out
standing certificates, cancel the same
and issue in lieu thereof certificates
which shall show such credit.
e. o. Whitford, president of the
Washington Market Company. in expla
nation of the matter, made the follow
ing statement:
The property dividend of $3.50 per
share recently declared by the Wash
ington Market Company was not a cash
distribution to its stockholders, but an
addition of $3.50 per share to the face
or paid-in value of the stock, increas-
ing the same to $50 per share. or more
nearly corresponding to the market
value of the stock for some time past.
This was done by the transfer of an
amount equal to $3.50 per share on
each share of stock from surplus ac-
count to capital stock account, thus
making what is known as a property
dividend" This property dividend rep
resents an amount approXimating the
companys equity in its Center market
property-the companys buildings and
improvements there being assessed for
purposes of taxation at valuation of
nearly 100000, while the amount orig
inally paid in on capital stock, to-
Gether with the bond issues on the
Center market property, totaled only
$3.50, 900.
The market company has during the
nearly half century OF it's existence
been compelled each year to eXpend
large sums in necessary additions to
its Center market plant. especially in
connection with the introduction of
refrigeration and cold storage
These extensive Improvements have
created during the past forty-hve
years while only averaging about
$4,000 per annum during that period)
this surplus account. consisting of
property. from which account this
transfer was made to capital account.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-17
Broader General Market.

There was much broader general
market on the local Stock Exchange.
Bonds were purchased more freely than
of late. and practically all for banks
and trust companies. Washington Gas
IS sold at 1905: Traction IS at 1859 and
Potomac Electric Consolidated IS at
1908. being a slight advance on late
sales
In the stock list odd lots of Rail-
way preferred sold at son, and Con-
tinental Trust shares sold to the eX
tent of thirty-five shares at 116.
Capital Traction was held at $50
with IS the best bid: Railway common
s5sa bid. 80 asked: preferred. so bid
and So asked. these being the official
quot a lions
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03
WhN You aneaxA

There II more thnn one cause for
snecEins. and persons may differ In
their susceptibility TO them. a bright
light will cause some persons to sneexe,
the pollen OF certain plants will affect
others. and most people are likely to
sneeze Ia the presence Of dust. Such
sneczing Is due 10 superficial Irritation.
The snccze caused by the effect OF
cold is different 1t IL an attempt of
nature to cure you. She makes you
snecze for the same reason that she
makes you shivcr-to generate heat for
warming the blood and preventing you
from taking more cold-to hclp relieve
tho cold you have.
The sncczin. from cold Is not an act
Of the nose alone. this being merely the
part Of tho body where Il explodcs. 1t
is an net Of the entire body during
which every muscle gives jump. The
body ~ affected by spasmodic effort
to warm the entire system and throw
ofr tho coid.-l,oston Herald.
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03

That Was the Normal Condition In
Chicago Village In 1883.

~"scsbo Nbaoe N 1000.
An elaborate series Of descriptions of
middle western rond conditions IL con-
taincd In Charles Cieayer's History of
Chicago From 1892 Tn 1902. illustrating
the Difficulties of tho Route From New
York to Chicago" In the vilinge Of
Chicago In 1893. Cieaver tells us:
Parties informed us that in tho
spring We would and II almost ilnpossl-
bic TO get around for the mud. n truth
forcibly illustrated when few months
later ! got into n wagon TO 60 about
one and hnif miles northwest. 1t was
with the greatest difficulty that two
good horses could pull the empty wag-
on through the two feet OF mud and
water across the prairie. A
year or two later I saw many teams
stuck fast in tho streets Of the village.
II remember once a stagecoach got
mired IN Clark street opposite the
Sherman House. where II remained
several days. with a board driven into
the mud bearing this inscription, NO
bottom here once saw lady stuck
In the mud In the middle Of Randolph
street. She was evidently In need Of
help, ~ every time she moved she sank
deeper and deeper. An old gentleman.
from the country offered TO help her.
which had such nn effect upon her
modesty that with one desperate effort
she drew her feet out minus her shoes"
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03
NOTICE FOR PUBLICATION
Department Of the Interior, ~

Department Of the Interior, :"
U. S. Land Office. The Dalles. Oregon
April Sth 1913.
NOTICE. is herebys given that John
+. Medlock, of Winlock, Oregon, who
OH March lith, 1908, made Homestead
Entry NO. 0I352. for lots No. 8, 1 &
S3NW4, Section !, Township & South,
Range 23 East, Willamette Meridian,
has filed notice of Intention to make
Final FIVE year proof, to establish claim
to the land above described, before
David +. Baxter U. S. Commissioner
at Spray Oregon, on tile 9Th day Of
June, 1915.
Claimant names as Witnesses.
Edward + Mathews, Ralph Arue,
Peter Hartman, A. B. Howden, all Of
Winlock, Oregon.
II Frank Woodcock. Register
I-22-527 =
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03

>ow Submarine FIInps Forth the
Deadly ProjsotIls.

low q Submarine Fiinss Forth the
Deadly ProJsotIls.
When submarine sights q hostile
essel a group OF sailors quickly cluster
ronnd tho torpedo tube. This Ia Ioadcd
with its Instrument Of destruction, md
oeh'nd II powder charge is inserted
IN receptacle md the trigger control
hng tho firing mccIianis cooked ready.
a gunner proceeds TO estimate tho
speed OF tho tnrgct and It's course
through glasses. IIe then adjusts q
devico known as tho director" which
ny means Of dinls tells him when the
tube In pointing In tho right direction
70 launch tho torpedo true 10 Its mnrk.
At distance Of about 5000 yards the
gunner presses button. the powder
eharge ekploies md pressure OF nifty
ponnds per squire inch Is put upon the
rear end of the torpedo.
The we'll creased projectiie In forced
through tho open end OF tho tube at a
ratio of thirty.nvc feet per second. and
~ ie takes the wnter In long fat dive
me twin propellcrs IN the rear set to
work. They nrc driven by an mir
pressure OF 2.25O pounds, which sets
tho driving machinery in motion as the
torpedo leaps from its tube.
gyroscopc steering sear prevents
The torpedo from deyiating from a
straight pnth. and unless II In careless.
|y fired or its target quickly maneuvcrs
put Of the way tho $500 projectile SCI
foin misses its mnrk.--London An.
lwers.
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03
NOTICE FOR PUBLICATION

Department of the Interior.
U. S. Land Office, The DalleS, Oregon
March 25th 1915. ~,
NOTICE is hereby given that Charles
A. Mathena, Of Spray, Oregon, who,
on May 22nd, 1908, made Homestead
Entry NO. l602l Serial NO. 02062, for
NE4swa, swaNE4, N!sE4, Section
20, Township Z South, Range 25 East
Willamette Meridian. has. filed notice
of intention to make Final Five Year
Proof, to establish claim, to the land
above described, before David l..
Baxter, U. S Commissioner; at Spray
Oregon, OH the 10th day of May, 1915
Claimant names as,witnesses:
Il. NJ. Breeding, Clarence Robson
Charles Hill.s. Oscar Breeding all Of
Spray, Oregon.
H. FRANK WOoDCOCK, Register
4S-5-l3
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03
Destiny.

Destiny Is either the excuse men give
for their errors or humble supple
mcnt to their succcsses. Destiny rec
oncilcs II man to unpaid bills. the abuse
Ut the proietnriat. ingrntitudc and rela.
tivcs. especially n they are his own.
\ mnn who IL making progress Is
thought-by himseif-to control his own
destiny. When he Isn't making prog
ress his destiny controls him.
Destiny IL always at work. When II
Is not doing It Is undoing. 1t has IL star
for trademark which is recognized In
every country In the world. 1t has
made a great many see double.
Not everybody has a destiny. Some
arc comparatively happy.-Life.
Spray courier. (Spray, Or.) 1???-19??, 1915-06-03
NOTICE FOR PUBLICATION

Department Of the Interior
Z. S. Land Office, The Dalles, Oregon
April 7th 1915, .es
NOTICE is hereby given that David
srieve. of Maytille, Oregon, who, ON
September Tth 1911. made Home
,tead Entry No. 09460, and on July
,3rd 1914 made additional Home.
,tead Entry No. o.ol3545, for waSW4.
,w4Nwll ll,ssse. 24ksssEas sec"26, &
E4NE4uN uNE4sE4, Sec. S5,, Township
isouth, Range % East, Willamette /
Meridian, has filed notice Of Intention
o make. Final three year Proof. I'd
stablish tclaim..to the land above:tle-''i
,cribed, bef re Scott Sasser, County,
.Hlerk, at Fossil, Oregon, on the 22nd =
lay Of May::l9i5.
Claimant names as witnesses: -
Ben Glen. PeterRHartman, Martin
johnson and William Steers. all Of
Winlock, Oregon.
H. Frank Woodcock. Register,
4 lE--5 20