davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
l Will Sell

$1,000 c. c. 4 CT. Falls Land So ut -.
$1,000 Wash. Ry. Elec. 81 at SIN.
$1,000 Potomac Consld. Sc ut 1O11 u.
50 Capital Traction at 81
100 Wash. Ry. & Elec. com. ut 81 u.
30 Wash. ny. 4 Elec. pfd. at S2K.
% Warrington Utilities ibid wanted).
50 Washington Gas at ~.
IL Georgetown Gas Mt no.
10 Wash. Wiz. Ry. com. ibid wanteA).
10 Mergenthaler Mt 1924 ex div.
25 Lanston at 7SA.
30 Continental Trust at 100.
20 Real Estate Trust ut u.s.. Z
10 Munsey Trust ut %.
10 Farmers and Mechanics Bank ut 2l4.
Is Exchange Bank Of Wash. at II.
100 American Paper Can At ga. =
1000 Oklahoma OIL com. at %.
400 Oklahoma Oil pfd. ut 1. :,
2-10 GraphOphone pfd. At 40. :
100 Washingt0n Baseball Club at n
5 Gayety Theater at 145. -
1.54O Miller Train Control Ibid wanteAD.
100 Tripure Water Systems at II
IS Warrington Investnent Co. ut Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
COTTON MbPn;TS.
NEW YORK.

NEW YORK, June 1o.-There was
quite a sharp advance in the cotton
market here this morning, with Decem-
Der contracts selling up to 1917. or a
the bulge of Wednesday and practi-
cally So per bale above the low level
of last week Slight reactions oc-
CURED later. but closing prices were
within or points of the best, with
the tone steady at net gains OF from
) to s points for the day.
Liverpool cables were somewhat dis
appointing, and the opening here was
irregular, first prices being 3 points
lower to l point higher Liverpool was
while there was also scattered cover
ing by local and New Orleans traders,
and prices quickly advanced in the
absence of any important offerings
July contracts sold up to 1885, October
to 1900 and January to 1924 during
general list showing net gains OF some
9 to II points. At these prices the de-
mand slackened. and there were moder-
ate reactions in the later trading as a
result of realizing. Private cables re-
ported a quiet market in Liverpool,
with a little straddle and hedge selling,
and also said that there had been some
selling on the breaking Of the mon
soon in India. Ordinarily a favorable
monsoon Is considered with reference
10 Iuo pToDdplc- puyiu pVWCi Vl AHuios
but today's cables suggested that it
had been taken bearishly as bearing
upon new crop prospects.
Prospects for unsettled weather in
the western belt were hardly a factor,
as nothing more than thunder showers
were forecast, and while there was
some talk around the ring to the ef-
feet that the great military activity
abroad might hasten peace. most trad
ers attributed the advance to covering
for over the weekend and the failure
of favorable crop news to bring in
heavier selling from the south. The
amount of cotton on shipboard await
ing clearance showed falling off Of
about 10000 bales for the week, but
the bullish figures otherwise may have
beer factor in the early advance. The
continued covering by Liverpool
straddle shorts was considered due to
the easier ocean freight situation, and
according to some of the spot people
here 1t is possible to ship cotton to
Liverpool at the present rates at a
profit.
Port receipts today.-6.s2s bales For
the season. 7,159.255 bales. Exports to-
day, 9.467 bales: for the season, 5.149.-
Dol bales. Stock, 963.556 bales.
Cotton closed steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Money and Business.

The hardening Of the money market.
predictions of which have been repeat
eddy made in this review, is now an
actual condition, and on Tuesday of
this week call money was loaned in
New York at the highest price since
the latter part of 1914. The long Pc
riod of easy money" that has been
such remarkable feature of the war
period appears to be nearing its end,
and the banking institutions will in
future have less cause for complaint
over the abundance of idle funds which
do not even pay for storage Less than
three weeks ago short term funds were
offered at per cent, and there have
been 1nfreQuent periods since January
l when the rate rose above per cent
At per cent. the rate at which loans
were made this week, the high water
mark has been reached, and the sue-
gestion made that the supplies of loan
able funds are running low. Consider
ing this fact in its relation to the enor-
mously increasing resources of the
banking institutions G3,S3S millions in
the national banks alone), gives en-
phasis to the new note of national
prosperity which has been sounded
throughout the land. Perhaps the most
gratifying feature of the financial sit
uation has been the return home" of
the many choice American securities
formerly held by European investors,
and. in consequence, the future pay
ment of interest and dividend disburse-
ments to home investors instead of to
investors on the other side of the At
lantic.
Money Will Be in Demand.
Present Indications are that the funds
of American banking institutions will
be In much heavier demand than they
have been since the beginning of the
war: for in addition to the regular re-
auirements of the home agricultural,
trade and industrial activities. there
is in sight foreign demand of much
Importance. Negotiations, it is under
stood. are nearing completion for a
large French loan or credit; a Rus
sian credit also is under negotiation;
China is in the market for a substan-
tfal amount. and England through its
banks fully expects 10 become a heavy
borrower in New York.
Reports from various lines of BUSH
ness continue In a very optimistic
general satisfaction from business
leaders in all sections Labor is mot
itably employed and enjoying MANY
luxuries in addition to a heapine din.
are now received from the west and
middle west, which territory is said
to be hopeful. cheerful and prosper
GUS 1t is doing a large business. al
though the sensational advance in
steel prices has led to a slight falling
Off in the demand for some products
This, however. is something of a re-
lief. since most of the mills are
booked so far ahead that it would be
difficult for them to take additional
orders, except in cases where de-
ferred deliveries could be arranged.
Some of the important jobbinE houses
are doing the largest business that
they have done at any time since the
war began. w. 8. COUSINS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
sl7, os4, 42s 81. 1881 .ses s7,se7, 7s1

The average price of copper during
the first six months of 1916. about 1850
per pound. is the highest price since
1873. Needless to add, the profits of the
worlds biggest copper companies in
1873, what with moderate production
and high costs of those days. did not
even nearly approach the tremendous
profits OF the copper companies of to-
day. For instance. Utah Copper and
kennecott Copper Companies are pay
ing dividends at a rate of over $751; 00.-
900 per annum, each. Calumet & Hecla,
in its prime in 1873. paid $4,000 in
dividends that year. This sum is ex-
ceeded by all six copper companies
above. The average price of zinc in the
first six months of 1915, approximately
16kc per pound, breaks all records in
the history Of the world. and is more
than double the maximum price of zinc
for any six months to 1918. All the
companies have been, and are, earning
profits greatly in excess of the munifi-
cent dividends paid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
NEW YORK SUGAR.

NEW YORK, June 10.-with the
spot market closed. trading in the mar
ket for sugar futures was quieter to-
day, but the undertone was firmer on
ton and to reports that exporters were
In the market late yesterday for both raw
and refined sugar. Closing prices were
. to points net higher. July. 5.35;
closing. 6.37: September. 6.4l to 5.46;
closing. 5;a5; December. 6.ol to 5.o7:
closing, 6.o7.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11

their customers to use caution and to
take profits where they amount to sew
eral points. One big commission house
which has specialized in the motor
stocks has insisted upon buyers of some
of the issues taking them up by paying
in full for purchases They think that
the recent rise has been far too rapid.
Copper and Zinc.
An echo of the increased production
of copper and zinc. and more particu-
larly of the extraordinary advance in
The market prices for these metals.
copper compaiies and one zinc
company have just announced quar-
terly dividends far in excess of
any previous record, and in every
case the reserve cash and product
stand at topnotch. Three months ago
the same companies ordered disburse-
ments which amounted to 90 per cent
less than this quarters payments.
The seven companies and their recent
dividends. compared with March, 1916.
and December, 1915, are as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
THOMAS L. HUME, Broker
1872 C Street. Tel. M. 1886,
LIVE STOCK MARKETS.
CHICAGO.

CHICAGO. June 10.-Hogs-Receipts.
1900 head; firm, bulk. 9.30as.5o;
light. s.soas.4 As: mixed. s.o5as.55: heavy.
9.00as.e0; rough. s.0oas.15: pigs. ITO
a8.45.
Cattle-Receipts, 800 head; firm: ma
tive beef cattle, s.ooa11.30; western
steers, 85Oa9.50; stockers and feeders.
6.OOas.s0; cows and seifers. 3.soe9.S5;
calves, S.50a12.00.
Sheep-Reeeipts. 1000 head; steadyi
wethers. 7.25as.35; ewes. 5.00a7s5:
lambs, 750a1O.5o; springs. s.25a1L50.
NEW YORK.
NEW YORK, June 1o.-Beeves-Re-
ceipts, SGT head; no trading. Calves
Receipts, 243 head; steady. Veals, 800
al275: culls. 500.
Sheep and lambs-Receipts. 1,04s
head; steady. Sheep. 5.00a6.5o; lambs.
12.o0a1225.
Hogs Receipts. 1000 head. No
trading.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Conventions in Chicago Hold
Attention to the Exclusion
of Active Operations.
RAILS ARE UNIMPORTANT
FACTOR IN THE MARKET
Little Animation Shown by Leaders.
Bank Statement Interest
ing Exhibit.

NEW YORK, June 1o.-The two-hour
session of the stock market today was
superficial and perfunctory at best. all
eyes being again directed toward Chi
cago. Trading was exceedingly light
and narrow. with a mixture of advances
and declines. specialties helping large
ly to hold up the recent level of aver
ages.
New York airbrake made an extreme
gain of s points, to 139; Texas Com
pany rose 5. to 1876, and South Porto
Rico Sugar 4. to the new record of 240.
while United Fruit. Pacific Mail. Will
lys-Overland and some of the war is
sues gained to 2 points.
Rails were an unimportant factor,
with slight heaviness in Reading,
Chesapeake and Ohio. Southern Pacific
and Southern Railway preferred. which
was neutralized by further advances in
Colorado Southern and st. Louis South
western preferred issues.
Leaders Show Little Animation.
The usual leaders displayed little an
imation and no marked trend. United
States Steel equaled its recent high
quotation at the outset. but yielded
fractionally before the publication of
the May tonnage statement, which dis
closed an increase in untitled orders
of 10S,247 tons. bringing the grand
total to the new record of 9.937,79S
tons. Total sales of stocks amounted
to $4,000 shares.
The statement of the local clearing
house banks was the most interesting
exhibit submitted for long time. with
an actual loan contraction Of $61,5S7,-
coo and a decrease of over $73.000.o00
in demand deposits. while reserves
increasing 16.422,S60 and bringing the
excess item up to $72.273.30o.
Mercantile Agencies Less Feverish.
Reviews Of the. mercantile agencies
announced ''recessions from past few
erish activity for the time being. al
though leading industries continue to
exceed their production Of previous
years and wholesale distribution of
general merchandise RENAME broad.
Dealings in bonds today were NOM
inal and confined to better known
issues. Total sales (par valued were
$1.100.0oo.
United States coupon IL advanced Il.
registered Is. 4 and Panama IS N
per cent on call during the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
| Will Buy

$4,000 C. C. 4 CT. Falls Land So ut -.
$4,000 Metropolitan r. r. So At 104k.
Is Capital Traction mt as.
50 (any partD Wash. Ry. com. Mt "a
Is Wash. ny. d Elec. pfd. Mt S1M.
rs Washington Gas ut rs.
Is Lanst0n ut 77K.
10 franklin National Bank Mt 1914.
10 Continental Trust At 127E.
$4,000 Oklahoma OIL (Offer wantedD.
Exclusive of commissions. Subject
TO previous acceptance or cancellation.
Bonds plus accrued interest. All exc
cutions for cash.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Interest in Railway Equipment.

Domestic railroads are showing more
interest in the purchase of railroad
equipment. The Denver and Rio Grande
has ordered 500 more box cars. the Bal
timore and Ohio and the Southern Rail-
road each 1000 box cars, the Pennsyl-
vania has come into the market for
5000 gondola cars. and the Virginia
railway has given sample orders for
four gondola cars preparatory to plac-
ing orders for 1900 cars. The Union
Pacific has placed another order for
rails. about $4,000 tons. and a southern
road has bought 10000 tons from an
eastern mill. The principal feature of
interest in structural work was the
taking of bids on nearly $4,000 tons of
steel for subway and elevated railroad
extensions in New York city, contracts
for which probably will be placed in
the near future. Steel building and
bridge work was light.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Exports Rated Interesting
Phase of the Steel Industry

NEW YORK. June .o.-Ex,o,, h,.,-
ness, both present and prospective, is
by FAR the most interesting phase of
the steel industry at the moment. The
italian state railways during the week
ordered $4,000 tons of rails from the
United States Steel Products Company.
and The Italian government has also
bought 10000 to 81, 900 tons Bessemer and
1asic pig iron from eastern and west
era pennsylvania furnaces. The French
government. through J. p. Morgan 4
Co. mas placed several orders for pro-
in New Jersey and Virginia REQUIRING
about 1900 tons of forgings. biIIets
and steel rounds. Russia IL actively in
the market for about l75.000 tons OF
barbed wire, and France IL DEVELOPING
plans for placing heavy orders for bill.
let's. slabs and rounds for 1917 ship
ment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Effect of Party Conventions
Is Observed in the Trading

NEW YORK. June 1o.-wall street
concluded it's desultofy operations of
the week with the results of the po-
litical conventions in doubt when to-
reasons not altogether clear to dispas-
sfonate observers belief in an agree
ment between the two parties seemed
to prevail.
Dealings were more than ordinarily
restricted to the trading element and
proceeded with some caution. High
grade rails furnished the basis Of q
substantial advance in the active list,
but the motor group and Its Access
series were under the restraints i'm
posed by banking interests. Further
progress was reported. however, toward
the completion of several large mergers
IN that important industry.
There also was a marked revival of
speculative interest in some of the low
priced railway shares. which have at
tracted attention by reason of i'm
proved earnings. Southern and south
S %es.ern issues shared to an unusual
the outstanding features of that di-
vision. with Norfolk and western at
the new high price of 1873.
Independents Active.
United States Steel recovered much of
its former prominence on the rise to
ssh. despite the conservative utter
ances of trade authorities, and the
shares of independent steel and iron
companies were increasingly active at
irregular gains. Coppers made only
languid response to the declaration ri
numerous increased or extra" divi-
bends, probably because such action
had been taken as a matter of course.
POOLS and cliQues were active in yari-
Gus specialties. and shipping shares
were conspicuous for their further
gains. with new records for Merca ntfIe
Marine preferred and United Fruit
Other new maximums included aome NJ
,he sugar issues and United states
Smelling.
Little Change In Foreign Exchange.
Foreign exchange markets were H.
tie changed. Sterling showing no DOR
ceptibie benefit from the further in.
now OF British gold by way Of Canada.
while francs and marks were only
nominaly dealt in. Some hardening of
the rate TO Petrograd was associated
with the successes of the Russian
forces IN Galicta.
temporary advance In call money "a
per cent was ascYtbed. In part. to an
extensive loan made by local bankers
10 British interests, but the STEADY
drain on local reserves was con-
tr'outing factor. Time loans and mer-
camille paper rates also stifrened.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11

ing moderate orders for Russia. south.
ern France, Sweden. Switzerland. Japan
and Canada.
The United States Steel Corporation
today reported an increase of 10S,247
tons in untitled orders in May, making
q total of 9,937,798 tons now carried by
the various subsidiary companies. The
May output Of steel ingots was approx
imately 100000 tons, and Of rolled steel
1,43o.00O tons. Shipments of finished
products were estimated at 1,350.000
tons. and the orders booked at 1,45S,000
tons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
WEEKS RANGE OF PRICES.
Corrected to the Close Of Business June 10, at
the Office of The Evening Star.
Railway and Miscellaneous Shares.

and closing pre
of
1918
to date
Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-06-11
Orders for 1915 Deliveries.

IL is worthy of note that with the ex i.
ception OF marine steel. all of the i'm
portant contracts for export thus far
placed are for delivery in 1916. but the
heavy business now pending will call
for next years shipments. In the aggrs-
gate fully 100000 tons will be required
to meet foreign demands.
In addition to the export sales Of pig
iron. negotiations continue on about
So,0ee tcns. mainly fse Italy, bit melvd.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17
Scarce Creek.

Your scribe was in Wildersville
last week.
!. Mrs. D. Holmes and children, OF
Yuma, visited relatives here last
week:
Melvin Horn and family spent a
few days in Yuma last week.
Rev. j. N. Joyner, of West Point,
filled his regular appointment here
last Sunday.
B. E. Todd and wife, Of Yuma,
visited relatives here last week.
L. T. lowers and wife, Of Clarks-
burg, have visited here.
Ester Rush and wife, Of Stray
Leaf, we're guests of j. R. Rush and
family Saturday and Sunday.
Misses Della and Carrie Hendrix,
were guests Of Misses Norma and
Betty Myracle Saturday and Sun
day.
A. A lowers and wife visited
their son, Alfred, Of Stray Leaf, the
latter part Of last week.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17

We take it for granted that the
Honorable 7. A. Hare, Pictorial Rep
resentative from the counties Of
Madison and Henderson, will 60 tc
Nashville in response to the call Of
Governor Rye and be there on next
Tuesday, the 21st to act in the ca.
pacity Of a grand juror in finding
indictments against Judge Edging.
ton and Attorney-Genefal z. New.
ton Estes, Of Shelby county. Meth.
er Henderson, Madison nor Chester
counties will nave representation in
The Senate hence, in whatever
may be done in the matter Of sue
cess or failure in impeachment of
the Shelby county judge and attor-
general, the three counties nam
er can be neither blamed nor con-
graduated. The governor Of the
State has not done his duty in fail
ing to call an election for a success
sor to the Hon. HUI. C. Anderson,
who died in Office,
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17

Hon. B. A. Enloe is a candidate
for reelection to the Office Of rail-
rood commissioner. He has made
splendid official and deserves to
be reelected 1t is practically con-
coded that Gov. Rye will be re-nom-
mated and we believe that the plac-
ing Of Mr.. Enloe on the ticket with
him would be the best policy and
insure the best results at the polls
in November. The governor and
Mr.. Enloe are..strong personal friends
and their friends should stand to-
gether in a common cause.
The republicans have gotten to-
gether. They have buried the hat
Chef and settled their differences
and they will present united front
in November, The democrats must
lay aside past differences. and by
nominating its strongest men, make
a united effort if the party hopes to
win. Rye and Enloe would be a
strong ticket. They are both able
men, splendid speakers and CAM
paigners with but few if any equals
in the state. Their official record,
personal integrity and moral char
acter, all that could be desired.
They would make good team and
winning campaign, and the demo-
cratic party will do itself credit by
nominating and electing them
Carroll County Democrat.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17
SCOTS Hill.
The farmers are busy preparing
to make a crop.

The farmers are busy preparing
to make a crop
A large, but orderly crowd was
here Saturday. The horse traders
were busy, getting rid Of the horses
that wouldn't pillow. j. H. Patton,
the mule buyer, was here and did
some trading.
Clarence Jones and Miss Attic
Scott, of Cedar Grove, were married
Sunday.
Elder John C. Graham, who has
been teaching school in Weakley
county returned here Tuesday.
j. M. Austin, who has been on
the road, during the winter with his
show, is at home for short stay.
Last week was moving day with
our school folks. Practically, all
the patrons, were at school Monday
morning, and a number Of brief
speeches were made. Our new
house when completed will be one
of which not only our little town,
but the county, as well, may be
proud.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17
FLYING SQUADRON 0E N. {. CHURCH,
SOUTH, SUNDAY SCHOOL.

Some Of the strongest speakers
aud most widely known Sunday
school workers of the Southern
Methodist church will be in Lex
ington to speak to the people about
Sunday school work and methods
next week. The hours will be 5 p.
m. and 1880 p: m, March 22nd and
10 a. m, March %. These speakers
are members of what is called The
Flying Squadron" Of the Memphis
Conference Sunday School Board.
engaged by this board for a series
of such meetings within the bounds
of the Conference at some of the
most strategic points. The meeting
at Lexington will be the last Of the
series Of twelve. The following is
the list Of the speakers:
Miss Elizabeth Fitzpatrick, Field
Worker for the General S. S. Board,
Corinth, Miss.
Mrs. W. W. Adams, Elementary
Specialist, Memphis.
Rev. j. W. Shackford, Supt. Teach
er-Trainine, Nashville.
MI. Gu. Nugent, Field Secretary
Middle Division, Louisville, Ky.
Mr.. j. R. Pepper, Chairman S. S.
Board, Memphis.
Rev. W. j. Moore, Conference
Field Secretary. Memphis.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17
Chesterfield

The people Of the community are
just starting in to work since the
bad spell Of weather.
Prof. Powers was in our little city
the past week and made a very in
teresting talk to the people.
H. G. Denison and wife were in
Decatur county a few days past WIS.,
iting her parents.
D. D. Pafford, Of Lexington, was
in our city on business a few days
past.
Several Of our young teachers
were in Lexington Saturday to take
the examination.
Bro. White, Of Lexington preach.
ed for us at the school house Satur-
day night.
L. M. Walker and H. S. Denison
were in Lexington Saturday on
business.
Foreman J. A. Bray and wife
were with with relatives Saturday
night.
Mrs. Will Nicely, Of Parsons, was
with her parents a few days the
past week.
P. R. Dennison and son, Eunice,
w,re in the Juno neighborhood
The Lexington progress. (Lexington, Tenn.) 1884-current, 1916-03-17

Our Frost-Proof Cabbage Plants
grow in the open-in snow and frost,
under the Blue Ridge foot hills, and
are extra hardy. Leading varieties.
Send SOC for 200, Use for 500 post
paid; Soc for 500, $l.OO for 1000,
$500 for 5000, $3.50 fer 10000 by
express. Ask for price list Of Veg
etable and Flower Plants. Nancy
Hall and 8 other kinds Of sweet DO
tato plants. Free Booklet.
WAKEFIELD PLANT FARM,
Charlotte. North Carolina.