davidaulloa/AmericanStories huggingface dataset:
Evening star., 1916-08-06
Many Traders Regard 1t Logi-
cal Month for Start of
Upward Trend.
LIKELY MORE RESTRICTED
THAN SAME PERIOD 1915
Investors to Receive $3.50, ,725,4 ,465 in
Dividends and Interest Payments,
New High Record:

NEW YORK, August 5.-Those who
are most directly interested in the
movements of the stock market are
anxious to form a correct estimate as
TO the possibilities this year of repeti-
tion of last summers bull movement
in stocks. Though conditions have on
the whole been lethargic during the
whole month of July, there are many
precedents to prove that August is the
logical month for the beginning of the
upward stride in the price of the specu-
lative specialties. During August of
last year the impetuous progress in the
1918 bull market was the marked fea-
ture Of the midsummer period. and
signs are not lacking that a similar
movement. though probably more re-
stricted in volume and velocity. may be
witnessed before Labor day.
As pointed out in last weeks review.
the greatest drawback to the realiza-
tion of these hopes for this year has
been the heavy liquidation of American
securities by foreign holders. a feature
that did not enter into consideration
last year. Other conditions being un-
changed. it is safe to say that if Eu-
rope had been buying in this market
during the past six or seven months at
the same rate at which her investors
have been selling we would have had
a runaway market that would have
been difficult TO control.
War the Ruling influence.
The great European conflict. which
has exerted the ruling influence upon
the worlds financial and speculative
markets. has now started its third
year, and it is pertinent to consider
the effect of this catastrophe upon the
stock markets of this country. While
the initial effect was one Of great de-
preston, due TO the complete demoli-
ton of the international financial fab
ric. the great demand for American
products soon made itself felt in the
rising quotations for Americas leading
industrial shares Then came the
stories of big war orders and corre-
spondingly big war profits and stocks
themselves over to the manufacture of
munitions We're eagerly gobbled up by
impatient spectators at higher and
higher prices.
In a few cases these high prices have
been justified by the subsequent record
of the corporations, but on the whole
the war brides" have been profta BILE
only to those who have been shrewd
enough TO turn them over for a few
crest Of the high prices was. there
fore, reached in the summer and fall
of last year, since which time a steady
and gradual recession has been in
process. II is for this reason that the
prospect of an active market during
the coming months is somewhat prob
lematioal
Evening star., 1916-08-06
The Land Bank Law.

The August circular of the National
City Bank has this to say in comment
on the land bank law:
That this system. supported as It IS
by the government. can be carried
through to be eventually a working
success will hardly be doubted. Criti-
cism will be directed first to the elab-
crate organization. which many regard
as more expensive than necessary: and,
second, to certain features that are
deemed unsound in principle and I'M
necessary to the achievement of the
end sought. Until after a year has
elapsed no loans can be accepted un-
less the applications come through the
local, or neighborhood, associations,
membership in which is restricted to
intending borrowers. The authors of
the measure doubtless believe that the
farmers needs are SO pressing that
there will be a rush to organize these
associations. Time will show whether
the farmers who are eligible under the
terms of the act will promptly take
steps to utilize it. A large proportion
cages outstanding. and must pay them
off according to their terms. More
over, they may be disposed to wait and
see what advantages will be gained by
shifting their loans to the new system.
In the older states, where the common
rate on farm loans Is to 6 per cent.
1t is not clear that there will be any
inducement to early action.
Although the law permits different
the banks are practically put on the
same credit basis by the provision
which makes them all responsible for
each others obligations.
Evening star., 1916-08-06
Continued Demand for Steel
Shown in the Export Orders

NEW YORK, August 5-Output of
rolled steel products by the subsidiary
companies of the United States Steel
Corporation in July was reduced about
10 per cent. compared with June. be
cause Of the smaller supply of ingots
and. the extreme heat. Excessive
humidity was responsible mainly for
the smaller production of pig iron.
July shipments of finished products
were estimated to have fallen off 250,-
900 tons and new bookings almost
much, indicating decrease of about
25O,00o tons in untitled orders. Net
earnings based upon the smaller ship
ments, but higher tonnage income,
are estimated to have been about
S25, 900, 600.
The export demand for steel con
tinues extraordinarily heavy. fully
100000 tons being under negotiation,
half of which Is to be used In the man
ufacture of war munitions. the other
half mainly for railroad equipment
and for shipbuilding in foreign coun-
tries.
Russia Increases Orders.
Russia is endeavoring to increase Its
recent barbed wire commitments by
about $4,000 tons. which will make the
total purchases about 100000 tons. 1t
is also claimed that Russia's orders for
locomotives will call for the expendi-
ture of nearly $4,000. 900. The order
is said to have been distributed here.
dependent upon adjustment in differ
ences in regard to deliveries Four
hundred engines are to be built by the
American Locomotive Company and
an equal number by the Baldwin Loco
motive Company and 200 by the Lima
Locomotive Corporation.
The Russian car contracts have not
road spikes have been purchased and
so 900 more kegs are under negotiation.
Inquiries are also IN the market for
frogs and switches for Russia, which
will call for the expenditure OF S1,OO0.-
900 or even more.
France Buys Gun Forgings.
France has come into the market in
the last few days for gun forgings.
some of which will require ingots
weighing three or four tons each
France is also asking for steel to be
used in the manufacture of high ex-
plosive shells and Will take an unlim-
tied tonnage. depending only upon the
ability of the American mills to ship
over the first half Of next year
Additional purchases of $4,000 tons of
bessemer and special steel making iron
have been made for export to France
Japan and France are also in the mar
k6t IOT Fdiifcdu cars
Domestic manufacturers of war mu-
nitions have placed orders for about
10000 to 10000 tons for round and
square bars. for billets and for shell
forgings for six and nine inch shells
The Carnegie Steel Company has ad-
vanced the price of soft steel bars 50
per ton to $50 cents base Pittsburgh, but
orders from agricultural implement
manufacturers will still be taken at
$50 cents base. The American Steel and
Wire Company has announced an ad-
vance of 81 per ton on wire products
effective at once. Steel plates and
sheets continue active. with sale of
| liberal tonnage for shipment over the
first half Of next year.
Evening star., 1916-08-06
| Will Sell

81 900 Metro. r.. II. 5ce at 1854.
$4,000 c. G. & CT. Falls So Mt II.
$1,000 p. Il c. Steamboat So at 81.
81, 900 Wash. Ry. a Elec. 40 at S2As
80 Capital Traction mt 81.
50 Wash. Ry & Eiec. com. mt sSh.
rs Wash. Ry. & Elec. pfd. Mt 81
90 Washington Utilities at IN.
100 Washington Gas at S5A.
10 Georgetown Gas Mt ITO.
40 Wash. Nir Ry. com. tbid wanted)s
Is Mergenthnler mt 16o%.
IS Lanston at S3.
10 Continental Trust at $50.
10 Munsey Trust mt g51z.
Is Real Estate Trust mt 2S.
IS Exchange Bank of Wash. At H.
80 American Paper Can ut ga.
5000 Oklahoma Oil common at II.
100 Oklahoma OIL pfd. at 1.
400 Miller Train Control Mt TN.
10 Northwest Savings Bank at 1884,
10 Gayety Theater at 100.
20 Crandall Amusement Company.
10 Columbia Hotel.
100 Washington Base Ball Club.
10 N. & w. Steamboat.
Evening star., 1916-08-06
NONRESIDENT Alien Tax.

It may be necessary for the govern
ment to tax and tax again. but there
are those who think the nonresident
alien income tax on American invest
ments will have the effect of making
our securities less favored in foreign
markets.
All properties located In this country
in which nonresident aliens have in
terests pay property taxes Income
taxes of all foreigners at home are sure
to be heavy for some time to come,
and the double taxation on American
securities owned abroad will proba-
bly, tend to a shifting of amendments.
1t Is a fact that heretofore there has
vested in this country.
Evening star., 1916-08-06
WEEKS RANGE OF PRICES.
Corrected to the Close of Business August S, at
the Office of The Evening Star.
Railway and Miscellaneous Shares.

highest lowest and clozng Prices
to dat
Evening star., 1916-08-06
Exemption From Taxation.

Every federal land bank and every
national farm loan association. in
cluding the capital and reserve or
surplus therein and the income derived
therefron, is exempt from federal.
state and local taxation. except taxes
upon real estate. First mortgages is
sued to the federal land banks, or
Joint stock land banks, and farm loan
bonds issued under the provisions of
this act shall be deemed and held to
be instrumentalities of the govern
ment of the United States, and as such
they and the income derived there
This declaration would seem to imply
that these bonds are practically guar
anteed by the government, but there
is no guaranty"
Evening star., 1916-08-06
WEEKLY FISCAL STATEMENT
OF FEDERAL RESERVE SYSTEM

Statement of Richmond federal reserve
agents accounts at close of business
Friday:
Federal reserve notes
Received from the controller. ST, 600. 900
Returned TO the controller. 4,431, 900
Chargeable to federal reserve agent. Il, ,569, 900
In hands of federal reserve agent. 8, 400, 900
Issued to federal reserve bank, less
amount returned to federal
serve agent for redemption. ....-- s,1es. 900
Credit balances
In gold redemption fund. ... s4e.ooo
with federal reserve board. 4.200, 600
As security for outstanding notes:
Commercial paper ...-.-...-..-... 100000
Total OBSERVATION-DISCLOSURES. 50, 1853, 900
Amount of commercial paper delivered
to federal reserve agent. ......-.-.. S., 5,e1s. 900
Evening star., 1916-08-06
FINANCE LOCAL AND OTHERWISE.
the city, with the utilities commission
busy sustaining to the best Of its abil-

the city, with the utilities commission
busy sustaining to the best Of Its abil-
ity the low physical valuations on
street railways and endeavoring to OBJ
tain a valuation for the Washington
Gas Company. which may be as far out
of capitalization values as were the
other properties valued. local stocks
and bonds have been firm.
There have been few recessions dur
ing the week. The daily attendance Of
members has been slim. but the orders
have been reasonably numerous, and
buyers and sellers being near on
values. business was above the aver
age.
The business Of the week has been
largely in bonds. Prices on these issues
Were well maintained.
Mergenthaler has been weak, declin-
ing to 100. and Lanston has shown but
once on the sales list, this at 81.
One notices moderate sales Of trust
company and bank shares. which might
be interpreted as the beginning OF the
movement for obedience to the pro-
visions Of the Clayton act.
Evening star., 1916-08-06
| Will Buy

81 900 Potomac Consol, SO at 1013S.
$1,000 Metro n. r. Sc at 104h.
20 Capital Traction at S5z.
8 Washington Ry. & EIec. pfd. at 613k.
so Washington Gas mt TAN.
10 Munsey Trust Mt 93.
5000 oklahoma Oil.
10 GRAPHIC com. at 162.
10 GRAPHIC pfd. mt 1872.
Exclusive of commissions Subject
to previous acceptance or cancellation.
Bonds plus accrued interest All exc
cutions for cash.
Delfverfen for cash mt Xour own hank.
Evening star., 1916-08-06

THOMAS L. HUME, Broker
I412 C Street. Tel. M. 1886
Evening star., 1916-08-06
NEW YORK.

NEW YORK. August .-Flour-Firm-
Evening star., 1916-08-06

........ .ss2. 7o5, ,4e5 $50. .45o, sos
w. S. COUSINS.
Evening star., 1916-08-06

Cold reserve against net deposit and note la
bilities, 6T.7 per cent
Cash reserve against net deposit and note
liza biiities, 20 per cent
Cash reserve against net deposit liabilities
after setting aside 40 per cent gold reserve
against aggregate net liabilities on federal re-
serve notes in circulation, 70.6 per cent.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

The editor of the Reno Gazette
surely forgot to drink hot water
Wednesday morning before eat
ing his breakfast After thor u,
oughly scolding Mr.. George /
Marye, Jr., for an apparent 1ail,
ure to teach Schneck's rules OF
poker to the Gar the editorial
wrath is directed toward the ex-
ambassador secretary OF whom
the writer says: "And after Kay
had landed him in the imperial
city. did he stay with his chief and
play poker with him on dull
nights? Not at all. Mr.. Baker
quit early. He left his chief alone
uncared for, with lot OF mouliks
and an impossible dialect, just at
a time when universal total abb
stinence had been proclaimed
throughout the Cars domains
It was selfish. 1t was unkind
But Mr.. Mayre knows how to
care for himself, if he is a true
son of Nevada. The main ques-
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

ton in this State is what Will the
Gar do without the advice OF
Raw Baker? And what will Kay
do next?" If the Gazette is pro-
pounding a riddle it should ask
something hard Ray might
next announce the rumor OF MS
engagement to marry elther
EVELYN Nesbit Thaw or Nan Fat
terSOn.
Wherever the bull fight is pop
ular the circus parade escorted by
the drum corps and military into
which the pitiful wretches con,
demned to be shot were forced
will meet popular approval. Ke-
oardless of the crimes for when
they were punished a government.
that will SO display the victims OF
its wrath has no place in human
lied civilization. The worst ar
raienment of the Carranza gov
eminent yet made is in the follow
ing press report, if true: SIX
prisoners under death sentence
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

narrot the latter is said to navs
: oticed hen that had mouiteu
.,ost Of it's feathers. After contem-
o1ating the hen for a time the par
!at said. you damn fool! You y.
ZOO have been talking too much
H. Is not at all probable that
laxative gentleman was thinking
of this story when he called anotn-
- somewhat prominent gentle
nan Greek names some time sihee'
Mr.. Brandeis may be totally un
St for the high position to winch
resident Wilson nominated him
However. the evidence pro-
duced against him, if the press re-
orts are correct, indicates pie
,thora of mispronounced spleen,
rather than an indictment %
shortcomings which would dis
qualify him.
Mason Valley ranchers have re-
Gently sold potatoes at prices iron re,
SIS per ton to 500 per ton. Inc
onality of Nevada agricultural
products can be excelled nowhere
/ The only place where a higher
price for this tuber was ever quot,
ed is in Alaska where a SINAI
quantity is said to have been sole
at the rate of $1,000 per ton.
The dignihed silence man
tanned by former Secretary Oar
rison, since his resignation, IS II
pronounced contrast to the clam
orous protestations OF Mr.. Bryan
who. like Red Saunders buil pup
searched his soul for noise t.
tell' how ardent his friendship
and profound his respect tor MI
Wilson was.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

Roosevelt is accused with nav
ing said in a recent interview
there "are two things OF which
Wilson is afraid. One is me and
the other is the \a'Ser." What
has become of Got.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19
IN THE DISTRICT COURT OF TIN
EIGHTH JUDICIAL DISTRICT OF TIL
cTATE OF NEVADA, IN AND FOR
THE COUNTY OF LYON.
IN THE MATTER or THE ESTATE on
HENRY NJ. SCHOOLEY, Deceased

IN THE MATTER or THE ESTATE On
HENRY NJ SCiiOOLEf, Deceased
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that "a
The IOth day OF February. 1910. the last WI
and Testament OF Henry NJ. schooley, De-
ceased. was admitted to probate in the above
entitled Court and letters OF administratioa
we're thereupop issued TO he undersigned, 'As
administrative OF the estate OF Henry
Sehoolcy. deceased, with said Wih ANNEXED
and that said administrators with INC Last
Will and Testament Of Henry NJ. schooaey,
deceased annexed. did then and there. duli
qualify. as administrators OF the estate OF sad
Henry NJ Schoolcy, deceased, with the Las
Will and Testament Of said Henry NJ. schoa
eyy. deceased annexed.
All creditors having claims agaihs, ~
estate are required to file the same WIN u;
proper vouchers attached, with the LEN
/ the Court within three months alter the h<
| publication OF this notice. 49,
| Dated this l4th day OF February, lyie.
MARGARET SIHooLEi,
| Administrators OF the Estate OF nehy
/ Schooley. deceased. with the las, nH 90
Testament OF said Henry NJ. sehooiey, o.
ceased annexed.
| MACK x GREEN,
| Attorneys for Administrative.
nae Of FIRST publication. February " IVA
Date Of last publication. March IL, 9le
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

The merchantmen that in war
ines carries mounted guns must
carry them for use and not tor
ornament.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19
Which Shall 1t Be?

Do YOU intend to continue aoouns, burning ,alu.
able fuel and destroying highpriced food with that
old WORKOUT stove!
You KNOW that old stove up lot of fuel
each year.
You KNOW you have trouble in getting it to bake
lust right, in fact spoil batch OF bread every once
In while-you know it costs considerable Tor yearly
repairs.
Stop and think and figure Wouldn't it pay you to
buy good range-a range with reputation
THE GREAT MAJESTIC Malleable and Charcoal
Iron RANGE.
You make no mistake in hIying the GREAT MA
TESTIC-ts the range with the REPUTATION.
ask your neighbors. Then too, it's made just right
and Of the right kind OF material MAI LEABlr
AND CHARCOAL. IRON--rivc'ed. together rraeti-
cally air tghtlined with pure asbestos-parts being
maieable can't break-has movable reservoir and
an oven that doesn't warr,-taats why The MA
TESTIC uses so lite fuel bakes just right ever day
in the year browns bread just right all over with
out turnng) heats IS gallons OF water while break
fast is cooking-properly handled lasts lifetime and
costs practically nothing for repairs
| Don't buy the range you expect 10 last lifetime
s'unspht unseen; you'll be to be disappointed
Come TO our store during demonstration week, see
| the GREAT MAJESr1C-have its many exclusive
/ features explained out why the MAJES IS
800 per stronger than other ranges where most
i ranges weakest.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

were marched through the streets
Of Tuarez for half an hour Tues
dav and escorted by FIVE drum
corps and a regiment of soldiers
nrior to the execution of three OF
The accused. The procession was
attended by large crowd OF
civilian residents of Juarez at the
invitation of General Gavira.
Last Saturday young lad was
bitten by dog in Reno. a po-
Iliceman at once shot the dog the
head of which was taken to the
University laboratory for analy-
sis. 1t is surprising how slowly
people learn that the killing OF an
animal supposed to be injected Is
the last thing that should be done
Had the dog been preserved and
taken to the department tor ex-
animation a diagnosis could have
been arrived at much more readily
than it can after killing the ami
NAL. In order to determine Wheth-
.r the animal was infected another
animal must be inoculated with
virus from the dead animal and
valuable time thus lost. The in
i,,red lad is now undergoing the
Pasteur treatment at the Univer-
sity.
The editor of the Sacramento
Bee growls again about his 1910
wardrobe in the following Ian
euage: "A strictly correct l9lt
wardrobe for men WI cost over
$4,000. according to the list com
riled at the National Convention
of Merchant Tailors. Thirteen
suits, ranging in price from 500 to
iS11O. and a dozen or so miscellan,
eous garments from S45 to SoOI
will be required Most country
editors will be "tickled to death
to get twelve suits this year rang
ing in price from 500 to SlOo
without worrying about the mis-
cellaneous garments. Times with
out number, thirteen has proven
unlucky.
After a noted OCCASION on Wh,ch
a monkey pulled numhe q .catt;-
ers out OF the tail OF a talkative
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19
AT MUTUAL c'TELAY

Matinee and Night
"The Great Leap" or Until
Death Do Us Part" Four reels,
all star cast. The production Is
remarkable on account OF the
;ump bv the horse and riders iron
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

a height of 500 feet.
Mr.. and Mrs. Vernon Castle
IN the latest dances. New Film
clear pictures.
Uncle Dudley Butts In," an
all star comedy.
This program is no equalled in
Nevada for ten cents. Matinee
t 8; Night at I.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19
SAVE $500

As special inducement during our demonstration
week only with every MAJESTIC RANGE sold
(prces always the same), we viii give tree one
handsome set of ware illustrated here.
Every piece of this is the best OF its kind.
Not a piece that is not needed in the kitchen. 1t
cannot possibly be bought for less than $500, This
ware is on exhibit at store. DON'T FAIL TO
SEE IT.
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

m THE DISTRICT COURT OF THp
NEIGHTH JUDICIAL DISTRICT OF THiss
STATE OF NEVADA, IN AND Fcp
LYON COUNTY.
~ THE MATTER OF THE ESTATE
OF MARY HOY, Deceased.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN that on IN.
2,J day Of February. 1916. the Last Win aud
;r.s,ament OF Mary Hoye, deceased wa
l1sa;,,ed TO probate in the above entitled
Court and letters testamentary were therein
-, ;ssued TO the undersigned, the executes,
oamed therein, and that said executors dN
hen and there duly qualify as executors a
aid Last viii and Testament OF Mary Hoys.
Hove, Deceased
XII creditors having claims against said q,
,ate are required TO file the same with Il,
nroper vouchers attached with the Clerk d liz
Pro,,r, within three months from the first pull
cation Of this notice "a,
dated this 9th day OF February, 1916.
| c. c. TURNER
HARRY +. FUI.STONE.
| THOMAS KINSLEY.
MACK & GREEN.
Attorneys for Executors.
| Date OF first publication, February ~, M
| Date Of last publication. March ii. iSh
Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-02-19

After a noted OCCASION on winch
monkey pulled nunlhe 6 .catf-
ers out of the tail of talkative
The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1916-10-19
Cut this Quilt is Worth Money

DON'T MISS THIS. Cut out this
slip, enclose with DC and mail it to
Foley & Co., Chicago, H., writing your
name and address clearly, You will
receive in return n trial package con-
tanning Foley's Honey and Tar Com
pound, for bronchial coughs, colds and
Group; Foley Kidney Pills, for lame
back, weak Kidneys, rheumatism, blad-
der troubles, and Foley Cathartic Tab
lets, a wholesome and thoroughly clean
sing cathartic for constipation, bilious
ness, headache, and sluggish bowels.
For sale by Sands Dorsey Drug Co.