davidaulloa/AmericanStories huggingface dataset:
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

FOR sALE-Cheap, large lots on
corner Second st. and Georgia Ave.
See me (ownerl at Bon Air hotel G..
Y. Conn. 6-20-6t
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

FOR SALE CHEAP-Five passenger
Ford automobile. In first class condi-
tion. Only been In use about three
months. and has been we'll cared for.
See Means g. Penny. 6-23-st
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

FOR sAIE-Fine seed barley En-.
Quire Dawson & schuler, phone 1876.
6-2S-St
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26
MAJOR BROTHERS
81 First National Bank Bldg. Phone 28C
REAL ESTATE

Ten tracts of land adjoining Chick
asha. $125O; terms.
House to sell off lot; bargain.
Insurance written and rent houses
looked after.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26
CONSTABLE.
JUSTICE OF PEACE.

T. P. Moore announces that he is a
candidate for justice Of the peace Of
Chickasha township. subject to the ac-
tion Of Democratic voters
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

Six room modern house, half block
of pavement and street car line, $1,000;
terms.
Four room modern house, $500
down, balance like rent, $3.50.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

FOR SALE-One extra fine Jersey
COW with second calf. See Catterall,
residence phone TAO. 6-23-3t
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26
LOST AND FOUND

LOsT-A pair of gold rim specta-
cles in case. Finder return to Lau-
bach's Second Hand store and receive
reward. 6-2S-3.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26
COUNTY JUDGE.

]. u. Shelton announces that he is
candidate for county JUICE, subject to
the action of Democratic voters.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26
ANNOUNCEMENTS
couRr CLERK.

J. II. ("Bud'D Gibbs announces that
he is candidate for court clerk. sub.
ject to the action OF Democratic
voters.
w. S. (Billy) Thompson announces
that he is a candidate for court
clerk Of Grady county. subject to the
action OF Democratic voters.
Mrs Edna 4. Watkins announces
that she Is a candidate for court clerk,
subject to the approval OF Democratic
voters.
s. l.. Newman announces that he is
a candidate for court clerk, subject
10 the action OF Democratic voters.
COUNTY CLERK.
70 Brightwell announces that he is
candidate for county clerk, subject
to the action OF Democratic voters.
Ross Cox announces that he is
candidate for county clerk, subject
to the action OF Democratic voters.
J. II. Hill announces that he is
candidate for county clerk, subject to
the action of Democratic voters
f. p. Bradley announces that he is
candidats for county clerk, subject |
to the action OF Democratic voters.
COUNTY WEiGHER.
J. d. Yoder announces that he IL
candidate for county weigher, subject
to the action of Democratic voters
Lee McReynolds announces that he
is a candidate for county weigher.
subject to the action of Democratic
voters.
A. Sandy Horton announces that he
Is candidate for county weigher,
subject to the action of Democratic
voters.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

J. II. ("Bud') Gibbs announces that
he is candidate for court clerk. sub.
ject to the action OF Democratic
voters.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-26

w. s. (Billyl Thompson announces
that he is candidate for court
clerk Of Grady county. subject to the
action OF Democratic voters.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

ternatiNnal trade between this country
and France and Great Britain and by
so doing seriously impair the ability OF
our merchants. manufacturers and farm
ers TO sell their goods abroad at a fair
price,
The entire amount of the bonds was
sold to an underwriting syndicate within
a short time and before the syndicate
expired 100000, 900 OF these bonds had
been taken for investment. Although the
syndicate was forced to take $3.50. 900. 900
of the bonds the loa must be considered
a success In view OF the existing condi-
lions.
The Improvement in the market for
own bonds has not continued steadily
throughout the year. With the advance
in prices In the stock market, which
came early In the year, the bond market
responded slowly. BY May It had scored
a considerab BILE advance. About this time,
however, Great Britain decided to brinE
out her great war loan OF 5000. 900 900
at Al per cent, a considerable Increase
over the highest rate OF interest which
England had ever paid for a domestic
loan heretofore.
with such high class bonds as those
OF the British Government bearing such
n high rate Of interest conservative
bond men felt that tho yield on capital
investment In this country would In the
future have to he considerably higher
| to be attractive. A. a result there was a
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02
COPPER PRODUCTION
DECREASED SLIGHTLY
Available Supply for 1915
Was 1,672,s0O,OO 600 Pounds
Some Surplus Stock.

The total production OF refined copper
in the United States during 1915 is esti-
mated 10 be 1893. $50. 900 pounds. This
Is a decrease OF about "a per cent. com-
pared with tho production In 1914 AZ
given by the United States Government.
Surplus stocks on the first OF January.
1915, were slightly in excess OF 113 .000.-
600 pounds. 70 that the available supply
for the year was i.S72.2oo,0oo pounds.
During tho first quarter OF the year
production averaged a little over 5000
900 pounds per month, but there was a
gradua. increase month by month until
October. when approximately 100000 900
pounds We're produced. this being the
heaviest monthly output in the history OF
the industry. In November and Deem
her there was a decrease OF 20. 900, 600 TO
$4,000. 600 pounds. As the demand stead
lily increased during the second and third
quarters OF the year prices rose rapidly,
encouraging larger output. Domestic
cons because of the extraord MARI
demand for the metal to be used In the
manufacture OF war munitions increased
from month to month until December.
when it is estimated that deliveries of
1913, 900. 900 pounds were made to home
meters. The total deliveries made into
domestic channels are estimated at so2,-
OOO, 900 pounds, eclipsing al previous de
liveries. To utilize this amount OF cop
per II was necessary greatly TO extend
plant capacity during the year.
Exports. on the other hand. were
sharply C~urtailed because OF the cutting
or of the German market. which ordi-
nar!ly takes the bulk OF the United
c.ata. n,Nor ThA fApoIpn r,nNaF,apf
In February was down to 10000 tons
equivalent to a little less than 36.O00.-
600 pounds. The heaviest movements
were in March and in December. The
total exports for the year were approx
mately Pa 900 tons. equivalent to b91.-
$50. 900 pounds. thus the total deliveries
were i.543. 10000 pounds. indicating
surplus stocks Of 1cS,Si0.0o0 pounds at
the end OF the year. This at the present
rate OF consumption is but little more
than two weeks requirements. Surplus
stocks during the year were thu re-
duced 44.S00, 900 pounds. Total de-
lIveries exceeded total production by co.
900 tons.
BY far the most important -,elop-
ment in the last few months has been
the enormous buying by both domestic
and foreign consumers for delivery over
the first nalf and even the whole OF
1916. 1t IL estimated tina, the largest
selling interests have orders on their
books for $50. 900, 900 pounds.
At the beginning of the yea cleo
trolytic copper was selling at lea to
10 cents a pound Mt the close OF the
year sales for delivery over the next
few months were made Mt 22ia cents a
pound. an advance OF 9is to 10 cents
a pound. indicating enormous profits
for tho producing and selling interests
Prices prevailing to-day are the highest
since December, 1905. and It II predicted
that before the present buying movement
II Satisfied new maximum prices
will be established, The highest prices
recorded previously were in March
1907. when sales were made at .5as to
20 cents a pound.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

Because Of the appreciable falling on
in the cotton production this season.
record consumption Of the raw material
on this continent, vastly improved
financial conditions through the country
and periods Of strong speculation Dor
higher prices great strides ave been
made In hfting the South from the chaos
that prevailed about a year ago. Al
the extremes cotton values have en-
HANGED about seven cents a pound dur
ing tho interval. and even now. after
the Jagged edges left from speculation
or extravaganza In bullish ideas have
been s~moothed. the basic shows from
Ave to six cents n pound better thah
hat Of a year ago.
The crop This season Ia conceded TO
be close 10 the Official estimate OF H.
100, 900 bales. and about 11.s00.000
bales with linters. against almost liz
600, 900 the preceding season. which
crop resulted In o 100000 bales
being carried orer on the farms as OF
August ], 1916. This unsold surplus at
the south wa materially less than had
been expected. as a great many IN the
trade had mangniied the calamitous
effects Of the war in Europe. 1t do
veloped that the exports were close to
$3.50. 900 bales. against the direful pre-
d,otions Of 5000. 900. and the total mill
takings reached l4,l30,000 bales. com.
pared with l+.5oo,00O in the 1856
season.
The consumption Of cotton thus far
his season 10 running moderately
! ahead Of that Of q year g and good
Judges are firmly convinced that the
total usage Of cotton in this country
and Canada will not be far from 1900
600 bales. Mills arc generally reported
to be probably active. The wprid's
taiangs OF American cotton to date
approximate b.s0e,0o0 bales, against
1900. 900 last year.
A vital factor in the recent check on
speculation for higher prices on cotton
has been the export situation. The ship
ments thus far are not quite UP to the
very small total 10 this corresponding
time a year CO.. when 100000 bales
had been exported. and tho amount OF
cotton afIoat does not f~oreshadow al
imminent expansion in the export move
ment. Freight rates on cotton range
from $40 to SIS a bale and vessel room
Is difficult 10 obtain even at these seem
ingly exorbitant costs.
Foreign supplies Of cotton are nov
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02
RATES ON MONEY LOW.
Conditions I'm Borrower Favor
throughout the Year.

Fluctuations in the foreign exchange
market during the year of 1915 were un-
precedented. Sterling exchange ranged
between 4.s5Ss and +.50 during the twelve
months period. and during the greater
part Of the yea sold Mt lower figures
than II had ever reached previously.
In the money markets rates ruled for
the greater part OF the year at low
prices and money was extremely easy.
Indeed throughout the year the situation
remained strongly in the borrowers
favor. and although the expansion in
business during the latter part OF the
year was notable lenders at all times
experienced difficulty in placing their
Idle money to their satisfaction. The
factors which combined to bring about
this condition of extreme ease were the
enormous influx OF colo and the conse-
Quent rise OF surplus bank reserves 20
the highest point on record. This In con-
junction with the operation of the Fed
eral reserve system enhanced the lending
power of financial Institutions to n re-
markable degree, making the supply Of
available funds greatly In excess OF the
demand.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

Of gold 81 Britain would allow such
shipments to reach these neutral coun-
tries.
Necessary 20 Continus Exports
II 10 essential to our continued pros
pertty that We continue our heavy ex-
ports for the coming year, M conse-
Quently our bankers will be put to \
revere test in solving the problem of
establishing the exchange market. Italy.
having no important amount of gold,
commodities or securities to e to US.
will be obliged to rave credit facilities
accorded TO her through England. 1t In
the same with Russia. France. however,
IT'LL has = fairly large amount OF our
securities al we'll As commodities to. send
to us. She also can afford to dispense
with an important amount of gold. The
question il. will England have enough
our &c carry our large balance OF
exports?
While II Is believed that the exchange
market will soon become easier. there
is no doubt that England has
enough to pay for the
necessary importations during the COM
ing year. II absolutely necessary the
Allies could easily send US $500. 600 900
in gold. q billion dollars in securities.
and get more credit facilities through
dollar acceptances issued by the lead
Ing English banks. There could also be
a further transferring to New York OF
sterling loans to neutral countries.
1t is true that the dollar In gradually
taking the leading world position. 1t 10
h belief. however. that II would be
short lived II the war were Immediately
brought to an end. The United States
cannot think Of keeping the leadership
In world finances until we a re-
deemed our securities. turned from bor-
rowers into lenders n greatly i'm
proved our export and import business
throughout the world. That point In
rapidly being approached by the United
States.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02
More Firms Failed In 1918.

Preliminary statistics OF commercial
failures In the United States during
1915. as reported 10 II. G.. Dun & Co,
indicate that defaults were much more
numerous. but involved fully $50. 00O. O0G
less than In the preceding year. Thus
the number OF suspensions Is estimated
at 22, lose. against Is. $50 in 1914. whereas
the liabilities were $500. 1870, s94, in COM
parison with 1857. Dos, $50 In the earlier
period. The large numerical Increase
reflects the economic disturbance caused
by tho war. but after the first quarter
OF 1915 the insolvency returns showed
pronounced improvement and there We're
about 81 pcr cent. fewer failures In the
thiid auartcr than In the opening three
months OF tho year. with a reduction OF
practically 90 per cent. IN the amouE
o. nom involved.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

decided slump In the prices OF all grades
OF bonds. This reached Its worst In
September. The trend of the market
changed o after this. however. ON
account OF the great investment de-
mand which sprung UP all over the
country owing to the abundance OF idle
funds and prices advanced sharply. a
chart prepared by Redmond & Co. H.
Illustrating the Movements since 1904 OF
he average prices Of twenty-five stand
ard railroad bonds listed on the Stock
Exchange. shows that In 1904 the bonds
were at ~ and went up gradually to
l0l in 1905. From that point they de-
clined to 100 In 1906. 0s In the early
part OF 1907 and 90 In the latter part
OF that year. Then they dropped sud
denly at the beginning of 1908 to 50.
There was a rise Just as sharp. 81 being
reached between 1905 and 1909. Then
came gradual vacillating declines to so
at the beginning of 1915. followed by
q rise to SO as the year drew to a close.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02
IRON INDUSTRY HAS
SURPLUS OF EARNINGS
Richer Revenues Still Are
Promised by Orders for
This Year.

The iron industry closed the year 1915
with large surplus earnings. Richer rev
enues still are promised for the first two
quarters Of 1916 from the $4,000. 900 tons
TO be delivered at highly remunerative
prices. Only nine months & income
was Insufficient to meet obligations. To-
day treasures are full.
The years productive achievements are
noteworthy. The theoretical annual ca
pacity OF the steel furnaces has been
raised to $500, 900 tons of ingots and
the actual performance to-day Is at the
rate OF 40. 900. 900 tons per year II the
on.put for 1915. notwithstanding h rel
atively low rate OF activity during the
first half OF the year. was approximately
81, 500, 900 tom. This IL an increase o.
about "a per cent. over the output of
1914 aid an increase of 63 per cent over
the maximum production In 1913. The
indication Is that 5000. 900 tons OF fin
ished products were rolled. being about
7.l30. 900 tors more than were rolled In
lsl4and 2O9. 900 tons more than in 1913.
The pig iron production Is sti'nate at
80, 900, 900 tons, being 2S.5 per cent.
greater thas in 1914 and 81 per cent.
less than in 1913.
In respect TO the contracts secured.
however. 1915 stands preeminent. The
estimated sales OF rolled products eH-
ceeded 81. 900. 900 tons. being Is per cent.
sacater than the orders taken in 1914
and l1.s per cent. larger h IN 1912,
the year OF previous maximum business.
The selling OF his enormous tonnage
carried prices upward So 10 $50 per
ton In 1914 prices had receded 81 10
IS per ton following n drop Of IS TO
So per ton in 1919.
An increase Of 900 per cent in ocean
freight rates In the last year makes
It clearly evident that many more
freight carriers are urgently needed. To
supply this need 200 ~oceangoing boats
calling for 100000 tons OF steel were
ordered during the past year.. most OF
them in the past six months. TIT ca
pac,ty OF the largest yards IL sold for
fifteen to eighteen months. Extensions
Inc improvements are now being made
by the ship builders that will permi,
the construction OF many more boats In
American yards.
Much was expected from the railroad
companies after the Interstate Commerce
Commission granted the plea for an In
crease Of D per cent. in freight rates. bu,
not until October and November were
any substantial orders placed for cars
and locomotives. The larger orders foI
rolling stock placed In the second quar-
ter came mainly from foreign buyers
Tho buying OF rails. however. was mos
satisfactory, the gain over 1914 beinl
over l36 per cent. 1t Will be recalled
that railroad equipment orders placed II
1914 were the smallest since 1908. Tn,
recovery in 1915 was helped by tho Iarg,
export sales and the building OF NOR,
equipment at railroad as well as at mer
chant shops. Compared with 1914 GA
orders increased 81 per cent. n loco
motive buying was Increased 80 per cent
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02
IMPORTS
Business Was Excellent.

The current number of the Dry Goods
Economist says:
"Never has there been sue n holiday
season business us that which closed
just IA week ago. This IL the consensus
of opinion among retail merchants the
country over In order that an accurate
statement might be mad the Econo-
mist telegraphed this week to subscribers
In a large number OF centres that are
representative OF conditions In their re-
spective sections. The statements Of
these merchants clearly reflect gratifca-
tion at the results achieved throughout
one OF the most important selling periods
Of The retailers car Optimlsm too In
expressed regarding tho outlook for the
spring season-optimism In . very high
degreN' 49,, -, -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

The foreign exchange market In 1916
was subjected to wide fluctuations and
was the cause Of grave apprehension to
the foreign Governments which were
particularly large purchasers Of COM
modities from the United States. The
Allies had great need Of these commod-
tiles. consisting chiefly Of war munitions
and food products, whech. Of course,
In turn had to be paid for in gold. ex-
ports of products. securities or bor-
rowings.
Notwithstanding the heavy ship
ments Of gold and securities during the
first seven months Of the year the ster-
ling market experienced q gradual de-
cline until about tho end Of August. At
that time the heavy shipments Of our
1915 grain and cotton crop commenced.
and the sterling market In consequence
declined to $3.50 a pound sterling. Great
ing a condition which had to be met
with radical means Of support.
In fact had 1t been impossible
to ind means TO stabilize h sterling
market all exchanges would ave be-
come demoralized n our large export
trade. OIL which the prosperity Of the
country depended. as we'll ~ our Other
industries and crops, would have suf-
Iereu 10 q Great extent.
Market Renects Prosperity.
Fortunately the fundamental pros
perity Of the country vas reflected to n
large degree In our security market, n
this condition assisted England to un-
load tremendous quantities OF our Sc
c~urities. In addition a special commits
sion was appointed by the French and
English Governments for the purpose Of
floating a LOAF of half a billion dollars
In the United States. Also some large
loans OF neutral countries which had
been carried by England were trans
ferred to this country. These measures
seemed to have been successful in their
purpose, and with a few exceptional pc
RODS sterling exchange has gradually
advanced to close to $+.74.
The other nations did not rave the
same resources as England and conse-
quently have been unable to maintain
their exchange at anywhere near their
normal rates. In fact. the allied coun-
tries have been obliged to be partly
financed by England to keep their ex-
changes from Generalization. French
exchange depreciating approximately Is
per cent, Russian 40 per cent. and Ital-
ian about 20 per cent.
Germany and Austria, being unable
to obtain raw materials for their manu-
features. have been practically elimi-
mated from the export trade. and a.
they have been large buyers from con-
tiguous neutral countries their exchange
has also suffered to a large extent. The
mark has deprecated o 10 per cent,
while the krone la declined over 81
per cent.
on the other hand Dutch and Scan.
dinavian exchanges are quoted above
the normal parity. As Great Britain
will allow this country to export only
certain quantities Of goods TO these reu-
trail countries, and az we have had 10
pay for the German securities mostly
In Dutch and Scandinavian exchange,
the rise In these exchanges resulted
OF course this could be easily corrected
and the rate normalized By shipments
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-02

During tho rrst quarter OF the year
Just ended there was nothing TO be found
IN the railroad situation in this coun-
try indicative OF the large and abnormal
earnings reported for the months Of
September and October and tho esti-
mated earnings for November.
When the year began the railroads
OF the United States were rigid in their
enforcement OF retrenohment and econ
omy. They were forced TO adopt those
measures because of tho preceding long
period OF dulness. a strong rise In oper-
schedules n governmental regulation
characterized as oppressive.
For the better part of the year this
condition prevailed and ii was not until
crop movements and the abnormal pres
sure OF export freight caused by for
eign business began in tho late summer
that there was any indication OF the re-
cent and continuing activity.
In September the aggregate OF gross
earnings based on the mileage Of rail-
roads throughout the country jumped
In unexpected fashion and for that
month showed n heavy increase over
the corresponding period In 1914 OF
Sl7,7S3,l4l, which Is equivalent to APP
proximately sac per cent. In October
the increase amounted to s37, 0s7. 9&l. or
1857 per cent. Estimates OF November
gross earnings based on the percentage
of roads reported. and providing hat
those not yet reported would show pro-
p%ortionate increases. put che Increase for
the month at approximately 29 per cent,
a. II. smiths Opk.ion.
Alfred II. Smith. presid&-Sf the New
York Central system, In expressing his
views in regard to the business outlook
for 1915 said
During the year 1915 the increase In
volume of business, OF which the M
clcus, at least. was orders for export
material for Europe. helped the earn
ings OF the railroads. particularly those
to the Eastern %seaboard from the Int.
rior. The reports from the manufac'
| turers and the general demand indicate
that this volume will extend well into
1916.
while the outlook for business IL
| thus favorable. the railroads will Do
we'll II the service Is adequately main.
tained, in view OF the somewhat impaired
condition of ocean transportation and
the need for additional facilities. and