davidaulloa/AmericanStories huggingface dataset:
Evening star., 1915-01-31
FINANCIAL-LOCAL AND OTHERWISE.
L A. FLEMING.
BY I. A. FLEMING.

rha animal meeting of the Washing
ton Gas Company will be held tonor-
row at noon 1t is understood that
President Reside will tell the snare
holders that every bill of the company
has been paid, whether carried IN csr-
rent accounts or bills or accounts
payable. The dividend checks for sloo'-
900 have been sent out and the aHairs
of the corporation are in a seneraiiy
prosperous condition.
Because of increased cost of mate
rails, and especially of oil and coal,
the net earnings have not been as
large as in 1913, although the gross
showed a satisfactory increase
new method in dealing with customers
of the corporation. Heretofore II mas
always been necessary IN making ap-
plication for the installment or meters
to make Il deposit of IS as guarantee
that bills will be paid, the company
having s per cent interest on these
funds which are returned to depositors
when they cease to be users OF thelr
product. .,+os
and no deposit required where satis-
factory reports are made on the ap-
plicant's credit; Quite a numper OF
old customers have oeeh repaio then
deposits. .coo on,
cent bonds, on which the utilities COM
mission fixed a minimum price OF lo5.
has been sold, local banks taxing the
last blocks, and the demand would
aasi1v have absorbed $4,000 or 100000
more.
Federal Reserve System.
In his lecture last Thursday night at
the New Willard Hotel on Some Prob
lens of the Federal Reserve System"
Dr 7. Parker Willis plainly indicated
that there were many real problems to
he solved before the system would be
running smoothly and satisfactorily
One of the chief of these is the fact
that there are SO many more DankS
outside of the system than in II. while
to be thoroughly successful all of the
fiscal institutions should be working in
harmony in the organization.
He spoke of the difficulty in assign
Ing loca tions for reserve banks, and the
dissatisfaction of certain cities at pc
also of the difficulty of adjusting .con-
fiicting claims of different districts and
of avoiding interference with business
relations already established. The diff
Guilty in apportioning territory to
branches was almost as great the
matter of selecting original location
for the regional banks.
| The relation of the system to banks
and to the public. the connicting m
terests in the management of the
regional banks. varied rates of interest
of city and country institutions and
the geographical difficulties in man
agement were also discussed.
| it was evident from Dr. Willis talk
that he is great believer in the eff
cheney of the federal reserve system
and it's usefulness. once the rough
| edges are smoothed and the system is
| in full working order, but in his opin-
Evening star., 1915-01-31
Prices Firm on Paris Bourse.

PARIS. January 30.-Trading was
firm on the bourse today. Three per
ash Exchange on London, IS francs
10 centimes.
Evening star., 1915-01-31
Money to Loan

Secured by First Deed of Trua N Real Estate
Prevailing interest and commission.
Joseph /. Weller. 62o F St. NV
NETS YOU Gk AND 10 FIRST YEAR
ON YOUR MONEY.
81. and 8 PER CENT
Secured by first mortgage on modern
dwellings. in sums of 500 09 and upward
A. c. MOSES CO., Inc,
NJ, 4O3l ol6 New York ave.
Evening star., 1915-01-31

UNEEDENMOST-NAMES OF ACTUAL AND
known buyers of speculative or lo~-Priced
stocks 5 cents each: general state lists:
satisfaction guaranteed or others furnished.
Address GEO. W. SOMERS. st. Augustine,
Evening star., 1915-01-31
Many Vulnerable Accounts.

The shock of United States Steers
suspended dividend revealed more vul-
nerable speculative accounts in the
stock market this week than had been
expected. December quarter net earn
ings were much below expectations
Current demand for steel products also
was reported less than for early Janu-
uary. December net earnings of rail-
roads showed severe shrinkage. On
the other hand, January gross earnings
of railroads showed increasingly IA
vorable comparisons with last year
Expanded cotton movements lifted
southern railroad stocks out of the de-
preston. Calculation of benefit from
higher freight rates affected railroad
stocks. Waning of the wheat move
ment was supplemented by other grains,
with excited foreign buying, extending to
next years crop. Further rise in the
price of copper, with large exports,
was added to Industrial factors in the
market
Evening star., 1915-01-31
WEEKS RANGE OF PRICES
Corrected to the Close of Business January 30 at
the New York Stock Exchange.
Railway and Miscellaneous Shares.

highest pes
Exchange year 1914 and
Evening star., 1915-01-31
[ WILL. SELL.

! WILL JILL
$1,000 Wash. Gas SO at IO4l..
$1,000 Cap. Traction 80 at 1868.
$4,000 Wash. Rwy. a. EIec. J.. at 81.
$1,000 Potomac COnsld. so at 9yE..
20 Cap. Traction stock at 94Ts.
2J Wash. Rwy. pfd. at $50.
! 25 " ash. t:as :. div.
10 MerEenthaler at IsS.
% LanstOn 62.
IL HeUrick's Brewing f27r:.
70 Wash. 4 Southern Bank at l0Oz.
30 Franklin Nat. Bank at 129.
10 Continental Trust at 119.
5 Potomac Fire Ins. at -.
100 Real Estate Trust ibid wantedD.
| WILL BUY
10 MergenthRier at 1sO.
25 Washington Gas at 1914 div.
r, 900 Wash. Gas 80, IO3i2.
25 Cap. Traction mt 9:,.
- Wash. Rwy. pfd. at sf"i.
30 East Wash. Savings at 1:i=.
10 LanstOn mt 52R.
Subject to previous acceptance or can
collation.. All executions for cash. Buy
ing and selling orders on all listed
stocks and bonds solicited.
Deliveries for cash at your own bank,
THOMAS L. HUME, Broker,
Evening star., 1915-01-31
Scope of American Banking.

The broadening scope Of American
banking was indicated by an increase
of foreign acceptances. displacing Lon
don's interrupted facilities. Free sales
of American stocks and bonds were
made from abroad. The tirmer tone of
exchange was the result. but recession
of domestic rates continued. Inquiry
for short-term corporation and mu-
nicipal notes carried the interest rate
down to d parity with that for call
loans.
Government finances came into consid-
GRAFTON with the cabinets discussion of
the revenue deficit. Diminishing wheat
stocks and rising food prices added i'm
portance to numerous Investigations of
Unemployment and industrial relations
Peace rumorS were current in the
course of the week. but bankers in touch
with the foreign situation found little
encouragement in that quarter More
war loans. in which our bankers may
participate, were said to be in contem-
platiOn
Evening star., 1915-01-31
Money.

one OF the most favorable deyelop-
ments in the financial markets was the
dlsDandment last week by the federal
reserve board of the gold pool which
had been formed to protect American
credits in European countries. While
II has never been necessary to use
more than a small proportion of this
Soid for the purpose for which it was
intended. its existence gave a feeling
OF security at a time when half of
the world had seemingly gone mad So
firmly has our financial mechanism
been welded together that it has not
even been held TO be necessary to keep
The organization together against
tlme when ITS services might again be
required. About Sl0,00O,O00 of the
oS,d0U,000 gold which was pledged
was shipped to Ottawa Ithe American
headquarters of the Bank of England
but so rapidly did the foreign eX-
change market bring itself to normal
conditions that it was found that even
this shipment was not entirely neces-
sary.
The persistency with which the fed
erai reserve board has marked down
the discount rate on Short-time paper
IL but another evidence of the prevail
ing ease in the monetary situation. 1t
will be remembered that when the re-
serve banks were opened for business
November 16. the rate of rediscount
was placed at per cent for all maturi-
Ties. Not q week has pa ssed but that
some decrease has been announced
and at present three of the district
banks offer 30 day discounts at per
cent " hiIe Az per cent is now the
highest rate for short-tir1e paper. The
rates for the longer nlaturities, ninety
days and over. are stil abnormally
high. and if th,. reserve system is to be
of any practical benefit to the country
banks. they should mark down these
rates at least equal TO that charged for
accommodation by the city private
banking institutions.
There is all the more reason for this
when consider the enormous
amount of funds lying idle in the
vaults of the federal banks. The last
statement of the federal reserve board
shows that while the reserve banks
hay. S23ss62 900 in gold coin and GER
tihcates, and sls,747,0 900 in notes and
coin in their vaults, "A total of s2JS,-
40s, 900 in actual unemployed cash. they
have only s13.062.000 i'll rediscounts and
SIo434,00 in Investments In other
words. only about S2i.000,000 out of
s30i 53s 600 in actual use. They are
therefore carrying net reserve OF
S65 per cent. while the reserve law
now requires national and state banks
10 hold from 12 to IS per cent of their
deposits in reserve. The reserve sys-
TEN was organized primarily to relieve
the financial situation, and not to ma Ike
employ more of its funds With call
loans in New York at l "a to 2l2 per
cent II would seem the point of wisdom
for the reserve banks to cut their rates
10 3, and even ~. per cent for 80 day
accommodations, and to AZ or per
cent for 80 day loans.
Steel Common.
The omission of the quarterly divi-
dend on the common stock of the
United States Steel Corporation tStee
common) by the directors of that cor
poration came a distinct surprise tC
Wall Street. 1t had been expected
fhat the rednced rat. of ner ceuj
Evening star., 1915-01-31
STOCK LIST MAKES
SHOW OF STRENGTH
Recoveries of One or Two
Points From Fridays Low
Level General.
TRADE REPORTS CHEERING,
BUT RECOVERY is SLOW
Release of Rail Orders by Railroads
Helps Out the Steel Mill
Situation.

NEW YORK. January 3o.-Stocks
were moderately strong for the better
part of today's session. after opening
with some irregularity. Recoveries of
one to two points from yesterdays low
level were quite general. although this
improvement was shaded in the final
dealings, when some of the leaders.
notably Reading, receded on realizing
sales
The short interest was again promi-
nent. mainly, however. in the cover
ing of outstanding contracts. There
were some counter movements in the
special division, a few of the low
priced issues going back, while Sears
Roebuck rose substantially in the eX-
pectation of an increased dividend.
New Haven. which sold at it's mini
mum of +9 yesterday, was one of to-
days most active features, recovering
much of its loss. U. S. Steel was all
but neglected after belated opening
at its minimum price, from which it
showed no change. Following the
close of the market, official notice of
another reduction in the minimum to
80 was issued. The preferred stock
gained a fraction and the sinking fund
bonds also reflected support.
Trade Is Slowly Improving.
Trade reports were more encourag-
ing, although improvement in most
lines is slow. Despite the adverse
showing of the United States Steel
Corporation for December, advances in
various finished products are said to
be under consideration.
The s49.0O0,0OO of Pennsylvania rail-
road AZ per cent first mortgage bonds
recently taken by a banking syndicate
were offered today at 103A. with in
dications of a large inquiry. More
financial undertakings of like char
acter were said to be under way.
Local banks showed an actual cash
gain in their own vaults of about
s5,00O,000. while contracting their re-
serves in the. federal bank by about
81, 100000. The loan account expanded
by 21,000.0O0.
Bonds were irregular. some issues
rejecting foreign selling. Total sales
amounted to S1,063.000.
United States and Panama bonds adj
vanced 4 to y per cent on call during
the week.
Evening star., 1915-01-31
Steel Common.

The omission of the quarterly divi-
dend on the common stock of the
United States Steel Corporation tSteel
common) by the directors of that cor
poration came AS a distinct surprise to
Wall Street. 1t had been expected
that the reduced rate of , per cent
would be maintained, even though the
Evening star., 1915-01-31

Total sales for the day, 11s,oO0 shares.
sOnered.
Tombstone epitaph., 1915-04-25
DEAD MEXICAN IS
 F0DAl NEAR CLIFTON

CLIFTON. April News was re- ce.ved today of the finding of dead body. that cf q Mexican. in a deep ra- v.ne in South Clifton. leading down to the river from Shannon Hill
 The body was identified as that of Aerculano Le.ma. B Mexican emp!oyc of the shannon Copper Company. and carried "n the books "l the company as: No. 232.
 Judging from She condition of rhe. body and the store pass book caErted in an Inside pocket. the man had oeeu dead for about month On March IS the last credit entry had becu made in the pass book
 IL Is the theory or the officers that the man had fallen from the top of the hill a distarre of approximately two hundred feet 10 the bottom of the ra- vine. His skull had been fractured W hich was sufficient to cause ins taut death
Tombstone epitaph., 1915-04-25
DANIELS MAY USE
 SPIRITS AFTER ALL
Tntndati0n

PHOENIX. April ls-Champ.gne, instead of water, may be used al the christening of the new battlcship Arizona at the New York navy yards tune ig
 Gev Hunt admitted today that the most appropriate for dry" state Ike Arizona. the ques ton sf whether champagne ar water shall be ssed Tests with Secretary of the Navy Daniels
 The governor further said that he would entertain any suggestions and .lso tbat the committee of fifty which he Is naming to represent the state of Arizona at the launching Si the huge vessel may also have a voice in the ilattsr
 The legislature will be asked to ap- propri.te funds for d Silvr- service to
 pre- nted the new ship Such a ,err,-c wares in price from $7OO0 to
 3O.rOp Fi.,een ttousand dollars has Ie uggestcd as an apf ropri te
 TIT a popular subscription and y.ty a.. ccuitv appropriations vru {; Isc be- nsked for
 Prol bly in addition to rhe com nit tre of ity ;.c.e will be quite a large -epres ltation of s;s te officials al tts ohristc, ing. Gov. Hunt expec,s rc 90, hasi-g advised i!ie secretary of tle navy to that effect today. Attorney General Wiley Jones plans to be pres. ent. and it is probable that both Un.t. ed States Senators. Mark Smith and Henry F Ashurst and Congressman Carl Hayden will be there.
Tombstone epitaph., 1915-04-25
EVERYTHIhG FAVORABLE
 ID BENSON SHORT GUT

There is oRe thing that is working to great advantage s. far as the Benson ShorT Cut of the Borderland Route is concerned. and that IS the fact that the people of the Empire Ranch would be tickied to death if all the traffic over the Borderland route through their district could be diverted to China as far as their desires go. This. nc doubt will tend to divert traffic via the Ben son Short Gut The Empire Ranch people say that they do not care 70 be bothered with autoists, and that the motor cars interfere with their busi- ness.
 Tine Benson Signal states that the Benson, St David and Curtis people are ing to see that the Curtis Flats and the Beuscn-SI David bridge stretch 4 the Benson Short Cut are put into shape at once for the already increasing westbound traffic.
Tombstone epitaph., 1915-04-25
NEAR BEER CAN'T GET
 INTO THIS STATE

PHOENIX, April 2l - One carload cf drink sid 10 be near beer cot as far as Fl Paso and was orce d ,u ay out Jf Arizona yesterday afternoon by Attorney General Wiley Jones
 Attorneys Franklin and Hawkius, oi Fl Paso council fJr the Fl Pas & Southwestern, phoned the attorney general this afternoon. asking | the shipment could be made into Ar.0.a. stating that a carload had arrived at Fl Paso and wi, about ready 10 come across the line into prohibition terri tory.
 The attorney neral replied that Il , cannot come Aui that if il does be wll go alter th- parties receiving il and the railroad introducing il iuto The state
 The drink is known as Golden Ribbon" and is from the Goldes Rib ! bon Beverage Association of Denver ] IL IS claimed to be uon-intonics ing ! It looks and smells Ike genuine peel accordiur To parties acquainted with II
 The attorney general clsms II IS 2 mai liquor. such liquor being prohi bited in Arizona The attorney gen
 e,al has issued notices that rreweTl and distillery products Of all kind, ar, prohibited. no u alter whether "uea
 beer pr = percent or any olneI percent"
Tombstone epitaph., 1915-04-25
SOUTHWEST THREATENED
 WITH < CIRCUS FAMINE
attorney general

PHOENIX. April 20-A circus fam inc threatens the southwest
 Unless the drastic quarantine regula- ,ions now being enforced are raised in the next few months. small boys in the fcur states of Arizona. New Mexico. Texas and Colorado will have to drag through a summer without the thrill of gazing for weeks on gaudy posters. or getting up al four in the morning 10 go down aud watch the circus unload Even less chance they will have 10 hold their breath at the sensational exploits of ti e sawdust ring For all circuses, worthy of the name arc barred from the states mentioned. and until the ban IS raised must seek other territory.
Tombstone epitaph., 1915-04-25
PARDON RECOMMENDED
 FOR LOUIE GHERNA

PHOFNIX. April l9-A full and Gnc onditionai paTGOn was recommend ed to Governor Hunt yesterday by the state hoard of pardons and paroles for Louie Gherna of Tucson. convicted of violation oi the state pToiiibitoTy law and sentenced by Judge Cooper to serve three months in the county jail and pay d fine of SlOO
 The pardon wa recommended on the rrouds that tine sale of the liquor was undertaken as test case. There have been denials that there was any agre ment to give Gherua pardon. although that was the understanding of h,s attorneys. but the pardon was recommended just the same Saturday.
 Governor Hunt was notified from Florence by telephone of the recon mendation of th" board and state, that he would follow their recon mendation.
Tombstone epitaph., 1915-04-25
DISASTROUS FIRE
 NARROWLY INVERTED

What promised 70 be serious con Hagration. and fer time thiea ened the most important business section of the city. occurred this morning when fire brukr Ou. iH the hawliug al ey owned the Giacoms Brothers.
 The origin of the hr- was supposed 0 stump thrown under one of the alleys, and which had smouldercd hroughnu the night. breaking out into flame about G o'clock this morning. and w.- first noticed by passcrsby going [" work, from the dense smoke emitted il on the buldiIs The fire alarm wa, s, ,uaded and the yoluntecr fir depart n., nt was iprrediaiclv on thr scene
 Only good work on ,he part of tE' fl .emen prevented what might hay, proven seriously for the entire businc,,
 Jock The flames were al ifst C, tinguished in the interior of the build ing. where the fire originated. and il was supp ,scd that il had all been put out. when those on the outside noticed that fire had bursted out on the roof and by the time the firemen had gained the roof 1t was q roaring furnace. Good work therG quickly extinquished the fa mes. which. if had been allowed Sev. eral minutes more headway. would have spread to the adjoining buildings
 The Toss is estimated at about $50 by ;he owners The building is he prop erty of Mrs. NJ Costello. and carried nl insurance. About SiOD worth of cigar: escaped damage. and the building i. being repaired and put into shape f"r business possi ply today or tomorrow
Tombstone epitaph., 1915-04-25
ARIZONA ODD FELLOWS IN
 ANNUAL CONVENTION

PHOENIX. April l9-The grand lodge of Arizona, Independent Order of Odd Fellows. was convened in anuuaI session today al the lodge rooms of the 'ccal organization
 Delegates to the grand bodies, which include the encampment and the Re bekahs as well as the | O. O. F, are vres mt from every lodge in the juris- diction and an interesting and profita bIe season is looked for.
 The first task of the grand lodge, fol- lowing it's formal organization. was a sad one; that of attending the tuner al oi Patrick Gordon. which was held at D. m with full grand lodge cere- monies.
 Judge Prst. W ilIiam Waller, Alex ander Simpson and Louis Loheritz. delegates from the Globe lodge, and Charles Cornell. of Miami. were among the early arrivals. Mrs. Leota Jones. Cf Miami. and Mrs. Jesse Bright, of Globe, are delegates to the Rebekah assembly from the Gila lodges.
 Edward Barnes, of Prescott, grand chief patriarch of the grand encamp- n.ent of Arizona. arrived this mornin s
 It is hoped that al this meeting of the grand body definite action will be taken looking to the estab ishment within the state a home for aged broth CTS of the order The meetings will continue throughout ths week
Tombstone epitaph., 1915-04-25
IOhT0 BASIN NAY BE
 FISHERS PARADISE

PHO ENIX. April I9 The black t ,ss with which the lake al the Tonto cam was stocked couple of years ago have increased to point where there is DO possibility Of their being dshed out
 When the water first began coming oyer the spillways. many large bass rssayed the voyage down the river, but found the too descent abrupt fo T safety. and a number were dashed to pieces at the foot of he falls
 Senator Heury F Ashurst, as soon as he saw the conditions. wired tLe secretary Of the interior, advising him that fishing with roo and reel be per miited. He stated that there is TO possibility of he hsh being unduly diminished in y rpd and line fishing. and thai he had followed up his tele- gram with strong lctter stating tbe exact facts
 II the department grants the desired permission. the lake will become q spurtsman's paradise.
Tombstone epitaph., 1915-04-25
SRsTTUGK WILL ERECT
 s1C.00O STRUCTURE

BIS BEE, Arizona. April 2l. 1915 - Consistent with it's attitude III being among tue first If the mining con:- psnies of Arlzons to return to lul working capacity as au ATIcssion . coHhdence in the future, Shattuck AEr- 1oua took steps lesterdsy at mectin. 0! the board of Directors which points to a policy DI expansion of much i'm portauC. to the Warren District
 The company will build an admins tration building costing not less ,har SlU,OOO This will serve To stimulate { things in the .locsI employment helt and also add to the attractivenesS of iac Warren DiStrici Shuwin. in build .uq
Tombstone epitaph., 1915-04-25
4 PROBLEM FOR THE
 STATE TAX COMMISSION

PHOENIX, April 20.- What vaiua- ton should be placed or TWO suits underwear and gold filling in three teeth, Ter assessment puIpOseS.
 This IS the question submitted today to the state tax commission by Assess or F.. A. Hughes of Cochse county. Hughes says the matter is specially for the learned Mir Tom Campeli to solve.
 The peculiar proposition came be cause Assessor Hughes had left val nation blank at the home of Mrs l. K. Stanbere, widow of San simon 10 til ort. Mrs. Stanbcrg not being al home when he called to ascertain what she had to pay taXes on.
 The blank was returned to Hughes and on the list of articles appeared ,he two suits of underwear and gold fillin. for three tt eth.
 Hughes had never assessed such things before, so he sent a letter right away to Jess Boyce. secretary of the commission, asking him to have thr commission place the right valuation
 The matter may be referred to the attorney general.
Tombstone epitaph., 1915-04-25
ASKS SUPnEiiE COURT
 FOR HER CHILDREN

PHOENIX. April PA char g. nat her husband. Arthur E Brauham has taken their hree minor children away by force. and is ho ding them outside Of the state i. the basis of an appliea- ton of Josephine Ryan Brauham for a writ of haoess corpus filed in supreme court yesterday on appeal from the su- perior court oi Corhise county
 Divorce proceedings were filed in the
 Coot;se county courts some time ago and rhil, the case W 4s pending the pe- titioner alleges that Ter husband car ried cff the children. and is concealing them some place outside Of Arizona. The application for a wrir of haaeAs corpus for the return ol tie children was dsnie by Judge Lockwood