davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
nv 7 A. FLEMING.

1,,+ vhat Congress will do in the
matter of amending the income tax law
remains to develop, but the one ap-
parently sure thing is that the surta@
will be increased, with a prooaoii'y
that the minimum of $4,000 for single
and "a. 900 for a married man Will not
be lowered.
Whatever action is taken will be Oh
great Importance to the investing
yor,d The income tax is admittedly
ono Of the sources from winch tne
financial sinews for preparedness must
come. mn
occa sion to worry over the normal ~
come tax. The corporations pay tne
tax on their earnings anu .neS
be taxed twice. or-
ery many corporations pay the nor
mai income tax on their bond issues
TOO. vet there are many that 40 not.
Many local corporations pay tne nv.
mai tax on their bonds. The Wasnlns-
ton Railway and Electric Company. the
Capital Traction Company. the WASH
ington Gas and Georgetown Gas COM
NAMES. the subsidiaries of the WASH
in9ton Railway and Electric Company
and the Chapin-s Sacks company n uo
existing is l per cent on incomes up
to $50 600. above which the graded sur
Although the law has been effective
many months; bank banks CASHIERS shs; anu time in
aiding depositors to prepare their
schednles steadily increasing.
It would seem to the interest OF m =
yestors to select the son normal sa income tax.
even should there be no chanse III '"e
limits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
LIVE STOCK MARKETS.
NEW YORK.

NEW YORK. February 26.-Beeves-
Receipts, $40 head; no trading.
Calves-Receipts. 81 head: no trading
Sheep and lambs-Receipts. $50 head
no trading.
Hogs-Receipts. 1875 head: no trad.
Ing
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
WEEKS RANGE OF PRICES.
Corrected to the Close of Business February 26
at the Office of The Evening Star.
Railway and Mi.cellaneou. Shares.

highest lowest and closing prices
" and
to date
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
Large Loan Expansion.
Wall Street Gives Heed
:. to Diplomatic Situation

\ NEW YORK, February 26.-The COM
nlfeations arising from the political
situation at Washington, which had
their inception in the controversy with
GERMANY. dominated this weeks dull
and sluggish market. almost to the e1-
clusion of all other considerations.
Ii~uidation by timid investors and en-
forced sales of weak bull accounts.
coa,hined with fresh encroachments
bx.the short interest. caused more or
less extensive impairment OF prices.
srh.re Vas some recovery from the
Io1 levels of the midweek, but heasy
seilinE was renewed later on foreign
adyices. which indicated another sue
ssssful move th by sae Of tSe was
Especial Stocks Freely Offered.
Sjpecial stocks, including those COM
prnuinR the munition and petroleum
xrsnps, were freely offered at marked
coSeessions, not only effacing all gains,
h,,f bringing some shares down to the
hev-leyels registered in the latter part
&eayy sales during the week Of the
AIklo-French war bonds were attrlo-
utd not so much to proposed ne"
financial projects across the "a.e. 40
n EuTOleSBIOuAI
cater. Forthcoming payment by
nrkmfnent industrial corporation OF the
ms5or portion of a large extra dividend
4 in these bonds furnished a motive Tor
M free offering of that issue.
Aside from the disturbances at
wilmington, domestic affairs continued
nrSmisinR, although reliable authori-
~ observed tendency In business
cifcles to proceed with more caution
I.aSdinK industries of the country
maintained their unprecedented activ-
M of the previous six months, with
fu{ther price advances for fabricated
stel and iron.
.sCoppers Among Active Issues.
Soppers were among the most active
isSsaes of the weeks trading. with in
t,ssations of increased dividend dis
bufsements in the coming month. The
,osnd condition of the textile trade
~ evidenced by the declaration Of an
.ntfial dividend on the common shares
Of American WOODEN
9he abnormally large earnings sub
ynfkfed by leading transportation lines
in,sfhe anal months Of 1915 underwent
1rSeral downward revision due. in part,
fntadyerse weather and reduced ex-
n&tts. Bank clearings maintain re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
cent records at principal reserve CEN
tiers and legitimate demands for new
projects find ready acceptance.
Steel Mills Still Booking
Order Beyond Capacities

NEW YORK. February 26.-Although
the steel mills this week refused to
book many large orders for billets.
bars. wire products, steel pipe and
plates. acceptances were still in excess
companies further behind in shipments.
Specifications are at hand which will
keep the mills busy for months, al
though output of rolled products is at
la record-breaking rate.
The railroads placed contracts for
10000 tons Of rails. Alp cars. 76 loco
motives and 5000 tons of bridge work.
The largest rail orders were 5000 tons
for the Long Island and 1000 tons for
tracts were 1900 for the Cuban rail-
way, 1.400 for the Lackawanna Steel
Company, 500 for the New Haven, 428
more for the Southern Pacific placed
with merchant builders. while the st.
Orders for Locomotives.
The locomotive shops received orders
for twenty engines from the Illinois
Central, twenty-one from the Lehigh
Valley, twenty from the Bessemer and
Lake Erie and sixteen miscellaneous
orders. The bridge contracts included
SIS tons for the New York Central sys-
Pennsylvania lines west of Pittsburgh,
$50 tons for the Baltimore and Ohio
and 200 for the Central Railroad of
New Jersey.
Marine work was again active, con-
tracts being placed for seven boats to
be constructed on the great lakes and
at Atlantic coast yards. calling for 25.-
900 tons Of structural plates and shapes.
Contracts were also placed for 1900
tons Of additional marine work and an
order of 1900 tons for tank boats is
pending. Merchant shipyards now have
contracts for building PTS ocean and
lake steamships. exclusive Of hfty-two
boats for the United States government.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
L Will Buy

10 Capital Traction ut SSA4.
5 Wash. Ry. 4 Elec. pfd. at 81 q ex div.
25 Wash. Ry. and f. com. at S5N ex div.
200 Warrington Gas (0Her wantedp.
MefEenthaler ut 1877.
p LanstOn Mt 20.
10 Franklin National Bank Mt 127h.
70 National Savings and Trust At 26S.
10 n. and w. Steamboat at $50.
100 Warrington Baseball Club at 14h.
u Graph0phone pfd.
Subject to previous acceptance or
cancellation. All executions for cash.
Buying and selling orders on all listed
stocks and bonds solicited.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
FINANCE AND OTHERWISE

serve system have sold to the Rich
mond bank s1.346,0o0 of government
per cent bonds at par. 1t is net re-
chase bonds before March 81. but the
be seeking the benefit of its member
banks, and is ready to take bonds up
to 100000.
The Richmond regional bank has re-
city of Richmond for five months at
2.67 per cent.
Local Securities.
The past week has not been attended
with much activity in the bond depart
ment, and even the stocks were less
active. A squirt in Lanston Monotype
shares saved the week from more or
less dizziness and caused an advance
of more than 4 points in the price Of
the stock. 1t is very generally UNDER
stood that the Lanston corporation is
making good progress and that the
earnings and the outlook both warrant
the payment to the shareholders of a
dividend in the not distant future.
Ohhcial figures indicate plainly that the
company has the necessary funds on
hand to pay dividend. and the share
holders are certainly entitled to some
ielufH. "A Corporation working night
and day is doing a satisfactory busi-
ness.
Mergenthaler's outlook is also re-
ported to be improved.
The week has been attended with a
general neglect of the utility shares.
though why these dividend payers
should slow up is cause for comment,
especially with money begging en-
ployment. The shares of the Washing
ton Gas Company hold firm at II. nor is
there any disposition to sell street rail-
way shares save at firm prices.
Bonds continue to move with more
or less freedom at firm prices
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27

Since the outbreak of the war $4,000
settlers from the United States have
entered Canada.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
Southern Railway Earnings

Southern Railway Earnings.
Southern railway earnings for the
third week of February showed an IN
crease of $162,247 in gross earnings
over the same week Of the last year.
From July 1 to February p, inclusive.
the gross earnings were s43,SSe.Sse. a.
compared with the gross earnlnss Vi
s4oSs5.4o5 for the sscs' vear an increase
81 s3.O6l,533, OF $50 per cent
January earnings, gross, showed an
increase of $935,019 over the gross Ior
the same month in 1919, or zo.Io per
oneratinR expenses and taxes, increased
ssoa qe417 over the same month IN
1s15' an increase of 1876 per cent.
For seven months of the current nscal
year, ended with January. tne sUse
earnings of the Southern Railway Com
nanv Increased $2,546,23619 as com
pared with the same period OF the last
fiscal year, an increase OF $50 per ceh.
Net earnings over operating expenses
and taxes for the first seven monshs Of
i1s s03.e6 over the net for the same
months of the last fiscal year, an IN
crease of $685. per cent.
These earnings, compiled yesterday,
show that the Southern Railway Com
pany is on the high road to prosperity.
Money Continues Plentiful.
The increase in deposits in the banks
of the national system between Novem-
her 10. 1915, and December 81, 1913,
was 3223.o0O.0oo.
Denosits are increasing in banks at
-, wonderful rate, and entirely out OF
nronort,on with the demand for loans,
desnfte the fact that rates have been
very materially reduced.
Time and demand deposits in the ma
tional banks December 81, isto' to.aie 20
;mnossible to keep their funds en-
Moved to a profit, and the rates are
now 40 low that there Is not much
chance for further cutting.
In New York city time money is
.hnndant at per cent; in other large
cities a little firmer, and in washing
ton S per cent.
Urge Reduced Capital.
R.cause of the fact that there is
such an abundance of money and such
limited demand, some of the lead
ing bankers of the country are urging
the reduction of the capital stock of
the federal reserve regional banks.
James B. Forgan Of Chicago suggests
be retired.
The workings Of the system to date
show that there Is no great demand
for rediscounts; that many of the
hanks have been unable to make use
of the funds on hand and that the
system should not be made a COM
petitor Of the banks engaged in bust
ness. -
tn nroyide relief in the event of a
stringency. and in time of peace. plenty
and no stringency the usefulness is
greatly lessened.
It is held by many bankers that the
present capitalization OF the federal
reserve banks is ample.
BANKERS generally are making siren
Gus objections to being forced to join
the collection system of the reserve
banks, which, they claim, would great
ly reduce their income.
Sell Government Bonds.
Banks that are members Of the Rich
mond regional bank Of the federal re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27

HOME SAVINGS BANK,
9TH St. and Mass. Ave. NV.
BRANCHES: 9Th and fl fl s St s.: Me-
~ 436 9TH St. S.W.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
DR.. Willis Will Not Resign.

DR.. Willis Will Not Resign.
DR.. H. Parker Willis, who made the
original draft of the federal reserve
act and who is now secretary of the
federal reserve board and who drafted
the new currency system for the Phil
ipplne Islands, it is known in Wash
ington has been chosen president of
the Insular Bank of the Philippine Is
lands and is expected to leave Wash
ington in few weeks for Manila.
Dr. Willis is one of the economic
authorities of the United States He
will not. 1t is known. resign his post
as secretary of the federal reserve
board. He has been granted six
and at the expiration of that time is
expected back with the federal reserve
board.
His purpose is to put into practical
and emcient effect the law which he con-
ceived. and which was passed by the
Philippine legislature. In that respect
he Is regarded as the most desirable and
available agent for the purpose. as he
combines with economic theory the prac-
teal experience gained in his duties as
secretary and adviser of the federal re-
serve board.
Inc new currency system is founded
on the federal reserve system of the
United States. and the insular Bank per-
forms practically the same functions of
the federal reserve board in the United
States.
The new currency system of the Phil
lippfnes is intended to be more econom-
ically comprehensive than the federal
reserve system. Not only are the func-
tons authorized to the federal reserve
board broadened. but rural credits and
other features of the economic life of a
people are included in its consideration.
The 1nsular Bank has a capital of $40
100000, all owned by the government.
The bank takes over the present govern
ment owned Agricultural Bank and other
institutions and provides reorganiza-
ton OF manv existing banking facilities.
Call Likely.
1t is expected that the controller NJ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
Henry Clews' Views.

In his regular weekly review. Henry
Clews says:
in home trade there is slight abate-
ment of the remarkable activity which
has been going on for several months.
Western business continues active, and
railroad earnings, although somewhat
affected by the congestion of traffic,
are making exceedingly satisfactory
reports. Bank clearings also reflect
general activity. the total for the third
week in February showing an increase
Of more than SO per cent, compared
with a year ago. and the gain being
well distributed over all sections of
the country.
Our steel industry is phenomenally
active. Prices continue to soar, and
manufacturers and buyers alike ap-
pear perplexed over an extraordinary
situation. Many plants are sold ahead
to the end of the year at highly
profitable prices, and indications point
Railroads are in a position to buy more
freely, and are placing liberal orders
for equipment of all kinds In some
cases the delay in traffic has been owing
to inadequate rolling stock. and this
deficiency will soon be rectified. 1t is
quite within the range Of probability
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
Call Likely.

1t is expected that the controller of
the currency will call for a statement
from national banks, during the cur
rent week. The last call" was for
December 81. and bank officials look
for another with the closing days of
February.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-27
Sell Government Bonds.

Banks that are members Of the Rich
fond regional bank Of the federal re-
The Nome daily nugget., 1916-12-06
FROM THE SKY"
 A DREAM TONIGHT

Shadows at Sunrise" sixth episode, sixth and seventh chapters. Do you remember when you were a youngster how you put your ear to the rail and listened for the oncoming train? You heard the rails click when the train was miles away long before you could rail you will have heard the noise, growing in volume every minute. "The Diamond from the Sky" is thunder ing past carrying the finest romantic, historic exposition ever devised. Fea- turing the foremost finished artists In America today it is a gripping pic-
The Nome daily nugget., 1916-12-06
BRITAIN MAY CLOSE GREEK PORTS TO ALL
 FOOD AND COAL

blockade of Greek ports so that no coal, food, or. clothing may enter. Ad- vocates of the measure declare that such a blockade will soon bring the Greek government to the side of the allies.
 Others ia the council oppose this plan on the ground that starvation will only tend to further inflame sen- timent in Greco against the allies and that ally partisans will suffer along with the royalsts and thus be alien ated from the allied cause.
 Final action has not yet been taken but indications are that the Greek ports will be closed to all commrece.
The Nome daily nugget., 1916-12-06

The regular meeting of the Eagles last night was attended by a large number of members. Officers were elected for the ensuing year and are as follows: Past worthy president. R. Lomen; ". president, c. A. Ad- ans; W. vice president, J. w. War wick; w. chaplain, F. M. Saxton: w. secretary. J. J. Stokes: w. treasur- CT. L. Stadie; w. Inside guard. A Hermanson: w. outside guard. Geo. Skyes; trustees, A. F. Wright, c. B. Mundy. and Wm. Stipek; Aerie phy- sician. pr. Darcy Chace.
The Nome daily nugget., 1916-12-06

Mushers over the trail to Candle report that the cabins on which they have to rely for shelter are in very poor condition. Some of the stoves too are badly dilapidated. It is un- derstood that the Chamber of Com merce is to take this matter up with the Alaska road commission with view of getting the cabins fixed up and properly equipped. The comfort of those using that trail and possi- bly, life may be dependent on it
The Nome daily nugget., 1916-12-06
Pacific News Service.

FL PASO. Dec. 5.-Villa has again outwitted the Carranza generals who had suffered his army scattered and badly shattered from the recent bat tie.
 According to official reports to the state department, the bandit chief IS now beginning a general attack of northern Mexico near the America1 I boundary.
 The secret service men also report that several foreigners were seized by Villa in Chihuahua among them being Consul General Bogle of Ger
The Nome daily nugget., 1916-12-06
international News Service.

LONDON, Dec. 5.-The war council of Great Britain has under consider ation measure for reprisal agains: King Constantine and his loyal sub jects for their attacks a few days ago on marines from the allied war ships.
 It is declared that Constantine had 1t in his power to prevent the riotiag but failed to exert his influence on the side of the allies. More than this he Is charged with secretly melting the riots.
 In retaliation members of the coun- cil propose to establish a virtual
The Nome daily nugget., 1916-12-06

insinuations against watson's cam paign, his expeditures of money anu questioned the accuracy of the count of ballots but failed to make seri- ous impression on the members oi favor of ating Watson and S2 against. Most of those who voteC against Watson did so as a matter fo routine in support of a member o: their party.
The Nome daily nugget., 1916-12-06

Everybody seems to be getting ready for the masked ball of the Eagles which will take place on Sat urday night. All over town feminine circles are agitated about the ques- tion of costumes and it is whispered that some stunning masques will be shown at the ball. The Eagle com
 mittee having the affair in hand met
The Nome daily nugget., 1916-12-06

The Ladies' Aid Society of the Federated church which met yestnr- day was largely attended. Arrange ments for the bazaar were complet- ed and managers of the function gre as follows:
 Mrs. Lowerpabel, president of the society. Of the fancy booth Mrs. AL timus is chairman, and she will be assisted by Mrs. Grimm, Mrs. Stew enson and Mrs.. Aver. The apron booth vii be in charge of Mrs. Koch and Mrs. Horn. Mrs. Kellng will preside over the candy booth, as- sisted by Mrs. Shields and Mrs Gawne. In the refreshment depart meIt Mrs. Crowley will be assisted by Mrs. Hewitt. Mrs. Stadie. Mrs. Rowe, and Mrs. I. Reed. A gooo program of foods is assured. Mrs. Ledding and Mrs. Baldiwn will have charge of the ice cream booth. .in attractive tlsh pond will be mana ged by Mrs. Peterson and Mrs. Oliver, A mystery booth is to be conducted by Mrs. Mulligan and Mrs. Christ offerson. Mrs. Poteet and Mrs. Heimlich will direct the program, as- sisted by MT. A. B. Miller. Dr. John Parsons, Mrs. ONeill and Miss Am pher, are the publicity committee. Committees meet Thursday, ? p. m. to prepare booths.
The Nome daily nugget., 1916-12-06

On Sunday. December 3 the Miners Home Club at it's regular business meeting elected the following officers for the ensuing year.
 President, Chas. NJ. Wolfe, vice president, G. B. Mundy; secretary, Chas. S. Mclaughlin; treasurer. Geo. E. Huff: librarian, c. D. Price; sen- tinel. Andrew Anderson; trustees, Lloyd Bolts, E. L. Holt and c. B. Stone. The club will hold their first card party and social oI Thursday night, December '.
The Nome daily nugget., 1916-12-06
i.atci national News Service.

N M-Ao44I4sIIIO4S, Dcc. o.LThe first fight by democrats to prevent the seating or republican to succeed a democrat was lost today when Sena- tor Reed of Missouri made a fight against Senator elect Watson of In- diana.
 Watson was elected to succeed Thomas Taggart who was appointed by the governor of Indiana to fill the vacancy in the senate caused by the death of the late Senator Shively.
 Senator Reed made a number of
The Nome daily nugget., 1916-12-06

WASHINGTON. Dec. 5.-Ambassa. dor Bernstorff has communicated to the state department in regard the murder of German Consul General Bogle at Chihuahua and the seizure of the person of Vice Consul ketelson and asked that the United States government obtain redress.
The Nome daily nugget., 1916-12-06

Ire sustained along course of mys- tery and suspense to the great final climax. Additional numbers tonight are Environments" and a roaring comedy, "Yipp. the Dodger" with prices. Tomorrow night. The Dia- mond from the Sky" continued.
The Nome daily nugget., 1916-12-06

last night and 1t is announced that all plans are going forward smooth ly. It is confidently expected that the coming ball will be the greatest of it's kind ever given in Nome as apparently everybody in iowa will at tend.
The Nome daily nugget., 1916-12-06
WEATHER REPORT.

December 5, 1916. Temperature-Max -22; min. 80; mean 20. Barometer-30.152 inches. Weahter-Clear Wind-Calm.
The Nome daily nugget., 1916-12-06

w. J. Rowe returned this morning from Solomon where he had been on business. he says that the trail was .ae and he enjoyed the trip with the dogs in spite of the cold weather
The Nome daily nugget., 1916-12-06
V|LL|STAS MURDER GERMAN OFFICIAL
 STILL MARAUD|NG

many who Is being held by the bandh for ransom.
 Vice Consul Ketcelson of the Ger man consulate and three Americans were killedf in Chihuahua by Villas men.
The Nome daily nugget., 1916-12-06

Today Contractor Ross finished the altercatioa of the valve and the in- stallation of the drain on the city water main at the foot of Steadman avenue.
The Nome daily nugget., 1916-12-06

A larger pipe has been layed from he Wild Goose steam heating plant to the telephone office in place of the smaller one which was inadequate. This has been a tough Job during the cold weather and heavy falls of snow.
The Nome daily nugget., 1916-12-06
NEWS NQJ5,
 eS
IAle

: Representative elect Allan Is pat
 the final touches on his aew motor ssled and expects to give 1t tryout the first of tho week.
The Nome daily nugget., 1916-12-06

Monahan and Fielder who were to have started for Dime creek yester. day did not get away owing to a breakdown. They started again to- day.
The Nome daily nugget., 1916-12-06

Let the Nugget do your letter writ ing by sending the Weekly Nugget 10 your friends on the out.ide-50c mo.
The Nome daily nugget., 1916-12-06

Miss Hostetter Henstep will take part in the Roof Garden entertain ment. She will take her umberell, as she expects a storm of applause.
The Nome daily nugget., 1916-12-06

Yes, the doorkeepers will be masked at the masquerade Saturday night and SO will you be to if you are wise,
The Nome daily nugget., 1916-12-06

Good eats at the Bazaar.
The Nome daily nugget., 1916-12-06

Plain and Fancy Articles at t.c Bazaar Friday.