davidaulloa/AmericanStories huggingface dataset:
The sun., 1916-10-04
The YIELD.

Az the present rate OF exchange the
direct yield on these bonds will he more
than $50 per cent. A review ~ the rec
ords indicates that since 1877 the aver
age yield on French rsntes was not IN
excess OF A., per cent. up to he begin
ming Of the war. The bankers point out
that with the close OF tho war there IS
every reason 10 expect a substantial APP
probation. Exchange IL now at about
SIS per cent. while in normal times Il
il SIS. When II again returns 70 nor
nal the holder of the 1916 bonds Will re-
cclvc over s".T OF his investment. Fur
ther,nore. II with a return 10 "a normal
basis ~ exchange the purchaser at pres
cnt prices should sell hi, bonds. on the
present issuing price h' would receive a
profit Of about IA per cent. Again. II
the bonds should go to par he would re-
ce!ve a profit on the price or about 80
per cent. II is understood that the new
bonds are TO he offered In mult'ples or
100 francs. SO that the American IN
weston can buy a bond for a little Tess
than So, and aS many more at the same
rates as he desires.
The sun., 1916-10-04
French Loan Features.

Announcement will he made shortly
by Brow Bros. & Co. and A. 1selin n
Co. OF an arrangement made with the
French Government whereby the bank
ers Will receive subscriptions IN he
United States for the new French loan.
Full details Of the terms Of subscription
the Yield at the varying rates Of ex-
change. Sc Will be set forth In the Of
f,cial notice. one feature OF the Offering
viii be the opportunity given to .Ameri-
can investors TO subscribe to a French
Government bond payable IN France
This opportunity will make II possible
for the investor to take advantage Of the
favorable rates Of exchange which now
prevail. Investors who put their money
Into the national French loan of 1916
are assured that the bonds Will not Ice
redeemabl before 1891. In other words
they Will have a security whose l!fc Will
be AZ least fifteen years.
The sun., 1916-10-04

There were times yesterday when the
stock market seemed almost dull, yet
trading through the five hours OF the
session was fairly uniform and the tota,
of transactions exceeded a million shares
for tho twenty-nrst consecutive day.
Wall street has had It's sense Of proper
ton distorted In the volume OF business
"a well as In the movements OF prices,
Most OF the commission houses are
crowded these days, but the keen edge
Of interest Is not manifest at tho mere
advance Of a point or two New record
prices, Jumps OF I to 9 points or more.
single sales In blocks OF 10000 to $4,000
shares, all these things are needed now
70 make tho habitues Of tho Street cit up
ana take notice.
The sun., 1916-10-04
GOSSIP OF WALL R E

According to Wall Street gossip. rail-
road financing on an extensive scale IL
impending. Inquiries among bankers
yesterday failed to substantiate the re-
port, although 1t was agreed that the
present Is n propit!ous time to do neces-
sary financing because OF the huge gold
imports and the accumulation OF invest
ment capital. But they say the rail-
roads are not In need Of new capital. nor
are there many short term obligations
that must be taken care of in tho imme-
diate future. One banker OF interna-
tional prominence declared that he
wished the report was true. as ne would
regard It as IA privilege to handle n few
new Issues In view OF the great pros
perlty OF most of tho roads.
The sun., 1916-10-04

The subscription list OF the Paris loan
was closed yesterday and the notes were
more than three times oversubscribed.
This fact In taken to mean not only that
good outlets for investment funds are In
eager demand. but that those who have
the money are pleased with the oppor-
tunity 10 help Paris and France. Bank
ers recalled yesterday that this senti-
mcnt Is much the same that operated to
induce people to invest In the Anglo
French loan OF last year, when many
financial men were rather disturbed at
the magnitude OF the loan and the fact
that there was nc tangible security
whatever behind that lotat!on. Never
theless they subscribed literally with
their eyes open 10 the possible but re-
mote contingency OF repudiation should
the war 60 against the Entente.
The sun., 1916-10-04
METAL MARKET.

Although activity 10 the CONFER nf'ke
s'ickened moot rticlN. sellers ~" 'HHh'
for large anlolnt- Of copper A." fn 'a" 700.
ke,. with domestic demand tao c'u To-
factor. COPPER for delivery in November "
quoted by leading produce. az .p-
cents a pound and Dr,rmh-r n .','-'
These prices. largely nominal ap".T oily
small lots For FIRST quarter rn,p'-
cents va. asked, for -e'otll % ARE: -.
.,ia and for all later months = A. . '.His b.
to the END OF the year
Lead was quiet. With a firm u-''"-'
Speculative buying in ~" sp'i'"~ "1--1'
Anticipation OF better price. ;u Fi . 50
tone. Foreign .nqalrics have as HEls p
reapprar.
The sun., 1916-10-04
Eight Hour Law burden.

The gratifying N which the in
vestnent public snapped ZIP tho city OF
Paris 6 per cent notes reflects In some
degree the reception that would be nc
corded new issues OF some OF tho first
class roads This Is particularly true
at this distance OF time from the passage
OF the eight hour law because people are
daily becoming more convinced that the
burden thereby imposed will not be so
great as was first supposed.
The sun., 1916-10-04

itself feels no qualm Of conscience Ii
doing so.
The sun., 1916-10-04
DIVIDENDS.

Stock Of Fay
Record. able,
Atlantic Steel Co, a., lh%,Oct. Oct, 10
Union OIL co, $50. ....,.Oct. Oct. "a
West States Gas & Flee,
.peiI pt: 9. .lE%y..,:s Sept, 80 Oct. Is
Ottumwa Ry a 1t. Co. pfl
Puse, Sound Trac,. L.
T.. a., Toe, .,.,.......... Oct 1 Oct. 10
Pitts. Term. Warehouse 4
Trans, m. 25c..,.":...oct Oct, ~
Kel,y-snring Tire. q. N..oct. 10 Nov
raJardo sugar. o., ehes...o Oct IS Nov. !
Edison GO, VI Boston, Q,i3, Oct. " Nov. !
The sun., 1916-10-04
RAILROAD AND OTHER BONDS.
Transactions from Opening to s:lb r. !

, e." r. we
w Nh 4 n deb
sias 1851.
1000.
Rys adj s.
1000.
5000.
1000. ....53A
sm4Hs
1000. % Big
1000. S@
5000.
Norfolk q W ~
1000 tS
North PacS
SOOO.,...03
North pAc 81
5000. ....68l2
Dg&L.ake en- -
1000 q NJ
Line s.
5000. 81. GA
OrShL fda -.
icoo,.:.;es:3' s
Or Railt
1000 ....O2A
acihcGa Is IS.
i1OOO.....0 1h
2OOO.
Pac r a.TS.
1000 Oos
Perra em@
5000. OLA
10000. OF "
PennA 4,1s 1853
1000, O5iI
Phila Co CIV IS
1928
1000. ...0 lie
y Iorillard =
1000. OIL
Pora aeon Col IS
1000.
Pub Serv Corp
Of N ! S.
'1OO0.....92ls
Rep las So 10y
1000. ~
=. 90
RioGrande WIS
1909,
StlWIron VI IS
5000. y Ala
1000. ....s4li
81 La Iron Nj
Riv q Gull 4
1000. III Bls
StL \ ST I'm s.
1000. ..lO2ll
StIASAnFr fds
| 1000. ....S
ctfs stainpo !
5000. Ala
1000. ....7l y
e. I. q n -
The sun., 1916-10-04
NYCityN s 81

Nov
1000. e.. ga
1000 =. u
Nltty as oS
10000. loo
NfCty Is 1857
5000 II Ol
NNt1ty IS 1859
1000. =. OO5s
| 1000. .IO liz
10000. lis
The sun., 1916-10-04
DAILY TREASURY STATEMENT,

WASHINGTON. Oct s-Ths statement o,
the receipts and disbursements Of tho Treas
ury for October 2 shows;
The sun., 1916-10-04

Total sales to-day, 1184700 shares. Same day 1915. LIES coo. Janua
date. l42 500 600. Same period 1915. 12O6044OO
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
MAY THROW DEVIL
OUT OF CHURCH
Methodist Episcopal Convention Sug-
gests Substituting the Word
Sin for the Other.

SARATOGA, N. T., May 8-Radi-
cal changes in the service Of the
Methodist Episcopal church we.e pro-
yided in a revised ritual which was
submitted to the general confer ence
today for action. This marked the
third attempt at revision, previous
efforts in 1908 and 1912 having
proceed unsuccessful.
Among the changes suggested by
the reyisionists was a proposition that
the word devil" be stricken from all
passages and that the word "sin' be
substituted.
A service for the burial of childre1
and receiving them into the church is
also provided.
The words "and with my worldly
goods 1 thee endow" are stricken from
|, the marriage. service on the ground
that the ceremony itself implies eoD1-
mon ownership of property.
Phrases intended to imply that the
resurrection would be of the body In
stead of the spirit also are rejected
such as yet in my flesh l shall see
God"
Lively discussion was expected to-
day when the proposition was laid be-
fore the conference.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
Letter to Senator Tells Why
He Was Nominated to be
Supreme Judge.

WASHINGTON. May s-Just as
the senate Judiciary committee. urged
to action by a letter from President
Wilson. prepared today to ballot on
the confirmation Of Louis D. Bran
deis as Justice of the supreme court
two senators objected. AS result,
action. which seemed near, again wa.
definitely postponed.
Who the senators were, members
OF the committee would not say. But
If was understood Senator Shields, OF
Tennessee, who today attended his
first meeting of the committee in
months, was the chief objector.
1t was learned that the Presidents s
letter in which he urged quick action
on Brandeis was received with spir-
it of resentment by the committee.
When the final break up came
friends of Brandeis failed even in
getting an agreement to vote at any
definite future date.
The president wrote the letter in
reply to a note from Senator Culber-
son asking for statement of the
reasons which actuated the president
in making the nomination" The
presidents letter follows:
Hon. Charles Culberson. United
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08

WASHINGTON, May s.-President
Wilson will announce acceptance Of
the German reply to his submarine
note late today. 1t Is understood tho
presidents position will be outlined
in brief note to Germany, to be made
public this afternoon by Secretary
Lansing.
This no'e already may be on Its way
to Berlin. The president and Secre-
tary Lansing conferred last night on
its contents and the fact that publ
cation is being held up until this after
noon is believed due to the desire to
give time for the note to reach Ger
many.
The note which is said to be a form
al acknowledgment of the receipt OF
the German reply. will indicate pla 'nly,
1t is declared, that this government In
accepting the new pledges by Ger
many, considers herself in no way
bound to certain conditions laid down
in the German note.
The president is known to take the
position that the United States is deal
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08

of taking steps toward peace when
his advances might be rebuffed. Pro
posals must come from both, or the
suggestion from one side must be In
such form that his government will
have reason to believe it will be ac-
ceptable to the other.
There is a general feeling in ad-
ministration circles that peace with
out another winter campaign is pos
sible. even probable, but the first
move is a matter of months rather
than weeks. There is hope that peace
suggestions may take definite form
before snow flies. But this depends
upon two things: success of the al
lied offensive or Germany's back
down from her present terms.
According to the best information
of the administration, the long talked
of great offensive by the allies is by
no means certain to develop. The
apparent failure Of the German often
sive at Verdun and the terrible
losses, has been as great an object
lesson to the allies as to the Germans.
1t is admitted that the German de-
tense is quite as formidable as that OF
the allies The Champagne battle
demonstrated that and it is known in
official circles here that the allies are
at the present time giving serious
consideration to the relative costs
and values of a general offensive anu
of continuation of the virtual siege
of the German empire.
If the latter course is decided up
on. it is recognized by the admins
tration that there is little probability
of England altering her present block
ade which Germany has characterized
as a violation of international law.
Germany Discussing Peace.
BERLIN, May S.-Direct word from
4Washinzton that President Wilson
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
RRANDEIS RECOMMENDED
HIGHLY BY PRESIDENT

States Senate. My dear Senator: l am
very much obliged to you for giving
ME an opportunity to make clear to
the judiciary committee my reasons
for nominating Louis d. Brandeis to
fill the vacancy in the United States
supreme court created by the death
of Justice Lamar, for 1 am profound-
ly interested in the confirmation of
the appointment by the senate.
There is probably no more import
ant duty imposed upon the president
in connection with the general admin
istratfon of the government than that
of naming members OF the supreme
court, and I need hardly tell you that
named Mr. Brandeis as member OF
that great tribunal only because
know him to be singularly qualified by
learning, by gifts and by character
for the position.
"Many charges have been made
against Mr.. Brandeis; the report Of
your subcommittee has already made
1t plain to you and to the country al
large how unfounded these charges
were They threw a great deal more
light upon the character and motive
of those with whom they originated
than upon the qualifications of Mr..
Brandeis. 1 myself looked into them
three years ago when I desired to
make Mr.. Brandeis a memOer of my
cabinet and found that they proceeded
for the most part, from those who
hated Mr.. Brandeis, because he had re-
fused to be serviceahle to them in the
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
Will Make no Move Toward Peace
Until Allies Promised Attack

will accept Germany's submarine
concessions, has caused the greatest
satisfaction here The, public now
believes the German-American con-
troversy definitely closed.
The newspapers are now discuss
ing the possibility that President
Wilson may prove acceptable to
Germany as peace mediator
when the time comes to end
the world war. Certain of the papers,
commenting guardedly, point out that
the peace reference in Germanys re-
ply affords the American executive
an opportunity to take definite
move for peace.
passage which we consider of the
namely the reference to the fact
that Germany has twice within re-
cent months, declared its readiness
for a peace which would secure it's
vital interests. In conservative ma
pers in the last few days, the opin-
ion has been expressed that behind
the action Of the American govern
ment, there was intention of a step
forward as peace mediator. Per
haps this passage in the German note
will give Mr.. Wilson an occasion to
make public the terms of peace which
he believes possible
President Wilson can perhaps do
more than merely maintain peace be-
tween Germany and the United
States" said the National Liberal
Gazette. "Fate has thrown such un-
heard of power in this mans lap, that
he could do still other things for
bleeding suffering humanity. Our
answer shows him the way
The majority of the German pa
pers do not emphasize the peace ref
erence in the German reply, possibly
fearing that English Journals will ac-
cept such editorial comment as an
indication Of Germany's weaknesex
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
Brief Note From President Wilson Issued To-
day as an End of the Long Drawn
Out Dispute.
NOTE PROBABLY NOW ON ITS WAY
Possibility of Diplomatic Break is Eliminated
and Future Relations Will Depend
Wholly on Germany.

ing with Germany apart from any me-
gotiations with Great Britain and will
continue to deal with Great Britain
without reference whatever to any
negotiations with Germany
1t may be stated ON highest authori.
ty that the presidents position sum-
med up briefly, is an acceptance Of
that part of the German reply which
covers the new German orders, and
rejection of everything else.
The presidents acknowledgment, it
is said, will eliminate possibility Of
break with Germany over anything
that has happened in the past.
Future relations, however, it will be
made plain, depend wholly on Ger
many and her strict adherence to the
new orders she has issued to sub
marine commanders.
The decision to send note to Ger
many resulted, 1t is believed from
the conference last night between the
president and Secretary Lansing. The
original purpose was to consider the
i matter closed, without forwarding a
formal acceptance to Berlin.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
Found HI. Body Today.

DIES MONIES, Iowa, May S.-Frank
Mundy, %. was found dead In the
brush this morning, two hundred feet
from the home Of Mrs. John Leggitt,
where last night he killed his wife.
aged 10, with a bullet through the
heart because she had left him and
returned to her mother. Mundy had
then killed himself. Friends Of the
dead girl said she left her husband
because he would not work, but ex-
pected her to support him by working
in a glove factory. The murder took
place at nine o'clock last night when
the girl stepped from the rear door OF
her mothers home and encountered
her husband lying in wait. A few
words were followed by shot and
the girl dropped dead. Neighbors
heard a second shot few minutes Ia
ter, but police searched all night for
Mundy, but did not find his body until
dawn this morning, a revolver by his
side.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
Another Joker Found.

SPRINGFIELD, ILL.,, May S.-An-
other ''joker" in the new primary
law made it's appearance today when
Secretary of State Stevenson an
nounced the republican state central
committee which meets here tomor-
row cannot organize formally. secre-
tary Stevenson pointed out that the
primary law requires five days to
elapse after the canvassing board
completes it's work before the secre-
tary can issue certificates OF election.
Therefore the members Of the COM
mittee who meet here tomorrow can
take no formal action as the five
days are not up until Thursday. At
At the same time the primary law re-
uuires the committee to organIzs
thirty days after the election the
time limit expires tomorrow.
The committee probably will go
through the organization tomorrow as
though the members carried certifi-
Gates of election and depend upon
the courts to ratify their action,
should any trouble arise.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
IOWA WHOLESALE GROCERS
BEFORE THE GRAND JURY

them Warfield, Pratt, Howell company,
Miller Wholesale Grocery company,
Charles Hewitt company and c. G.
Prouty company. of Des Moines.
Claude r. Porter, United States dis
trict attorney, assisted by George II.
Murdoch, assistant to the attorney
general at Washington, are handling
the case.
The government charges that east
ern manufacturers through efforts OF
the Iowa Nebraska association have
refused to sell products tc non-mem-
bers of the association There are
tifty-six jobbers belonging to the as
sociation. John Blaul OF Burlington
is president, George q. Lightly, oil
Waterloo. vice president for Iowa, II.
IB. Granger, of Lincoln, Neb., vice
president for Nebraska and John Mehl'
hop, Of Council Bluffs. secretary.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08

ALPINE, Texas, May s.-American
troops today rushed through the des'
plate stretches of the Big Bend coun.
try in pursuit OF Mexican bandits
who killed three American soldiers
and ten year olds boy and captured
two American citizens after five
hour battle against a little detach-
ment at Glenn Strings, Texas. The
Big Bend country was in a white heat
of rage today, and throughout the
district cattlemen and other residents
were rallying to the cry for veng-
eance. An entire battalion ordered
out by General Funston following
delayed reports of the brave fight
of the American troops, converging on
Marathon, Texas, by railway, will de-
train Immediately and sweep SOUTH
ward over the desert toward the
border. These troops are from Fort
Bliss, FL Paso; Fort Clark. Brackett,
Texas, south OF San Antonio. Presl-
do and Alpine. Fifteen cavaIrymen
dashed out of Alpine at the first
news Of the raid, to the aid OF anotn-
er small detachment OF nine men
which had arrived from nearby des-
ert nost tn aid the stricken American
settlement.
The raid broke at 10 o'clock Friday
night when a force estimated at from
$50 TO 900 Mexicans crept up on the
little wax settlement. They avoided
the border patrol by wide detour,
forded the Rio Grande and crossed
the intervening sandy stretch at
night. There were nine men OF the
Fourteenth cavalry stationed at Glenn
Springs to protect the settlement
from attack Others in the village
were C. D. Wood and w. K. Ellis.
owners OF a wax factory. with their
families; J. Deemer, owner OF gen.
eral store, and F.. Compton, employed
as Deemer's clerk. The wax factory
represented the towns only industry
and the store was the only tradlns 9
post in a radius OF many miles. A
few Mexican families composed the
remainder Of the village. The nearest
city lay eighty-five miles away and
the village was far removed from
railroad communication.
Retreating to an adobe hut, after
firing few shots with revolvers, the
Americans barricaded the doors and
began five hour fight against ire
mendous odds. In the end they were
routed by fire when the MeXicans,
despairing of approaching the hut
while the Americans had any ammu-
milton left, hurled fire balls on to the
matched roof Three men fell as
the detachment fled at last from the
blazing hut. One was riddled with ten
bullets; the other two were struck
many times. The remainder, includ-
ing some wounded, reached the shelf
er of rocky field and continued the
fight until daylight when the Mexi-
cars with triumphant yells, mounted
their horses and rode away, carrying
their captives, Deemer and Compton,
and leading pack horses loaded with
loot.
No hope was held out for Deemer
and Compton. Knowing the charac-
ter of the Mexican raiders, through
frequent border clashes, residents oi
the surrounding country were pre-
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-08
TWO SUBMARINES
NEAR THIS SIDE
Waiting to Pounce Upon Mut
milton Ships Which
Are Bound for
Europe.
TO TORPEDO oRDUNA
German Commerce Raider on the At
Iantie Attempted to Capture
French Liner
Recently.

NEW YORK, May s-Convoyed by
ers, which are believed to have es-
capped from Kiel, two Teuton subma-
rines are reported to be at large in
the Atlantic.
A report was in circulation here to-.
day that orders had been issued from
Berlin to German submarine com
manders to torpedo the Orduna,
Cunard liner, carrying a tremendous
cargo of munitions and 300 passengers
Germany, according to rumor, would
seek by this act to prove that subma-
rine warfare could be carried on legit-
imately, the plan being to carefully
unload the passengers and crew be.
fore sending the Orduna to the bottom
Officials of the Cunard line denied hav-
ing any information of this nature. No
wireless reports have been received
from the vessel since she sailed May 2.
TIL story of the submarines being
sighted and the belief that they were
headed toward America is based on
the account Of a mfd-ocean attempt of
two apparent raiders to capture the
French liner Venezia April 20, 1900
miles out from Bordeaux and enroute
to the Uniteu States. -
Several shots were fired at the Ven
ezia. It is pointed out that the two
crafts, standing off New York harbor,
would be in position of advantage to
intercept munition ships.
According to the crew Of the Ven
ezia, now in New York, their vessel
was approa ched from port at neon,
April 29, by a black, two-funnelied,
5000 ton craft which bore no name
and was without flag A gun mount
ed on her starboard was visible
Within less than an hour a second
vessel, likewise nameless, and with
out a flag approached the Venezia
from the starboard
The pursuing boats steamed to-
ward one another and meeting far
astern the Venezia, were in conver-
sation for few minutes. At this
time two pale smoke streamers were
seen arising from near the side OF
the second of the pursuing vessels.
These the Venezia's crew believe
came from submarines.
At this point the second vessel.