davidaulloa/AmericanStories huggingface dataset:
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
FORMER JUDGE KILLS SELF

Tunkhannock. Pa. June 3O.-E
Mortimer Phillips, formerly an asso-
ciate judge, committed suicide last
night at his home here by shooting.
He was 81 years old and was despond-
ent because Of i'll health. Mr.. Phil
lips became station agent of the Te-
high Valley Railroad Company upon
the opening of the road here in 1855
and served forty years, retiring in
1908 because of age. He served as
associate judge of Wyoming county
in the seventies
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
Telegraph's Picnic
Pictures at Majestic

Hundreds of little folks and their
parents saw the moving pictures of the
Telegraph school outing at Paxtang
park shown at the Mejestic theater
yesterday. The pictures show Gov
ernor Brumbaugh. Marjorie Sterrett,
the "hattleship girl" and numerous
picnic scenes. The films will be on the
program to-day and tomorrow
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
FLAMING LIQUIDS
USEDBY GERMANS
IN VERDUN DRIVE
Crush French Defenders of
First Line Trench, but Later
Are Driven Back
CLASHES ON BRITISH LINES
Teuton Try to Wrest Initiative
in Flanders; Russians Press
ing Hard on Kolomea

Easing their pressure along the east
bank of the Mouse, north of Verdun,
the Germans last night attacked on
the westerly side OF the stream on a
wide front extending from the Avo-
court wood, on the extreme French
left, to point east of hill 3O4, about
two miles to the northeast of the
wood.
Paris to-day announces that while
the crown Princes troops succeeded
in carrying a redoubt east of hill 304,
literally crushing its defenders q spir-
IContinued ON Page Isl
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
NO SPOT FOR MURDER
BY associated Press

Waukeegan, H., June 80. - Testi-
mony that the spot in Helms wood
where Marion Lambert died of poison
was in full view of an interurban rail-
way station and therefore never would
have been selected for a deliberately
planned murder was given to-day by
Gale NJ. Brooks, a civil engineer. in
the trial of Will H. Orpet, charged
with the murder of Miss Lambert.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30

At the Seashorc or up in the
mountains, no matter where you
go TO spend your vacation, the
Harrisburg Telegraph will be sure
10 reach You every day. Your
vacation Will not be complete un-
less your favorite newspaper
spends the time with you.
Drop q postal or call the Circu-
lation Dept.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
BRITAIN's TRADE GROWS

2 F1'1'I1N'tI tTta3
London, June 80. - The trade of
the United Kingdom is growing not
Mthstanding the war. The Board of
Trade reports exports for the three
months ending June 26 were 11O691.-
goo pounds sterling. an increase over
the same period last year of 26,OsO. 900
pounds sterling
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
YUKON NAV 90 nav


Dawson, Y. T., June 80. - Workers
for prohibition here celebrated TO-DAY
the passage yesterday by the Yukon
Territorial Legislature of a bill seeking
referendum election on the question
of prohibition. in Yukon territory to he
held not later than September / next.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
ANOTHER CRISIS
IN u. S. DEMAND
Austria to Refuse Petrolite Re-
quest; Cry For Renewal of
U-Boat War in Germany
By Associated Press

Berlin, (via Amsterdam. Jpne an
of Marine Won Capelle. the
successor of Grand Admirsi ,.n',
Capelle, had conferences late vesterl
oay afternoon with Foreign Minister
Won Jagow. Chancellor Won Beth
mann -Hollweg also is said to have re-
cceived the Marine Minister. The sub
gect OF the conferences is believed to
pt the american note to Austria.
Inc opinion seemed to prevail in au-
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30

Harrisburg - Sensational stories of friction between
Captain James B. Keper chief mastering officer for the
Regular Army and officers Of the Guard at Mt Gretna,
were set atrest to-day when General Wood called Captain
KemPer the long distance phone upheld the course
of Kemper in every detail. At the same time Colonel
Simpson of the Regulars wired General Ceemen for de-
tails and General Clement wired back that there is no 7c
ton He said the newspaper reports had been sensational
and and declared that Keper and the Guard officers
are working in perfect harmony At the time Colonel
Finney of the Eighth Regiment to headquarters
with renewal of the request that Kemper be made lieu
tenant colonel of the Eighth
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30

F11eS. NELSON OSHAUGHNEssY. gIgg Azeoeasaee
srnuged into NeI the
that Very one who knew conditions in Mexico knew
TO night against
there Ivy
of disease
vHifeo
Mexico
gwen at
% the american defense F oo4'e
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
THE WEATHER,

For Harrisburg and Vicinity: Prob
ably fair tonight and Saturday;
moderate temperature.
For Eastern Pennsylvania: Prob
ably fair Tonight and Saturday,
not much change in temperature;
gentle to northeast and east
winds.
The principal branches of the Sus-
quehanna river system ana all
their tributaries viii probably
continue TO fall. The main river
VIII remain nearly stationary to-
night, except the upper portion,
which will probably fall slowly.
A stage of about 5.3 feet Is indi-
Gated for Harrisburg Saturday
morning.
General Conditions
Pressure is relatively high over the
Great Lakes and the SuSuuehauna
valley and about normal over
nearly all the rest of the country
east OF the hississippi river. An
extensive low pressure system
covers most of the western half
OF the country with several small
eenterH OF disturbance. Scattered
showers have fallen in the Middle
and south Atlantic and the Gulf
states and In Tennessee, and
showers have occurred generally
In the Northern Border States
from the Great Lakes westward to
the Pacific ocean.
1t II somewhat cooler this MORN
Ing over the Rocky Mountain
and Southern Plateau reEionsi
elsewhere temperatures general
ly are near the seaSonabIe aver
age, with no important changes
In the last twenty-four hours.
Temperature; 8 a. M, SO.
Sun; Rises, $40 n. m; sets, s:37
D. m.
Moons New moon. to-day. b,43
n. m.
Yesterdays weather
Highest temperature, So.
Lowest temperature, "a.
Mean temperature, 73.
Normal temperature, 73.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30

Continued on Page 171
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30

GContinued on Page 12l
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-06-30
RUSS TAKE ANOTHER TOWN

Petrograd, June 3o-The war office announced to-day
the capture of the obertine south of the Dnieser
river,'anr villages north and south of that point
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17

4 cahle from London SAYS tina, IN.
Lancashire aud Yorkshire Railway shortly
VIII issue $500 900 per cent. ten year
preference stock AZ %.
Hallgarten e. 90, y. W. Halsey 4 co.
Koun1e Bros. and A, Il. Leach Company
announce thai all of the SIS, 500. 900 OK the
Argentine National GovcrnmeuA one year
gold notes which they recently purchased
have been sold,
Sovereigns to the amount Of 5000, 900 ar.
81. Paul and were deposited In tho Assay
0fhce. s325. 900 being consigned to the
Canadian Bank Of Commerce and the
balance to the American Express Company.
French and spanish gold 10 the amount
~ ~ 100000 arrived here yesterday from
Havana, consigned to the National Bank
of cuba, u was taken to the Assay Once,
from which II will he sent to PHILADELPHIA
for mint!nG as II part Of the new Cuban
coinage.
At II meeting Of the hoard OF directors Of
the American water Works and Electric
Company, Inc, held yesterday, T., r. Tinker,
Jr, vice president Of the Chase National
Bank. and Il. NJ, T., Murphy, vice. prcsiden,
elected to the board Of directors.
Al the annual meeting OF the Electric
Bono and Share Company the number Of
directors was officially reduced from seven.
vacancies during the past year no change
involved. Retiring directors were reelected.
Kissel, kinnIcutt 4 co, and Rhoades &
Co. ar" offering at prices 20 Weld as per
cent, county building bonds of West.
chester county. y. Y. This is a new issue.
$4,000 OF which natures annually be-
tween March !. 1920 aud 1893 inclusive.
Tho bonds are exempt from the Fedora
Income tax aud are u legal Investment
Yort.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
PAY 81. ooo,o 900 FOR CHICKENS,
British Get Iast Heavy shipment
Of the season.

When the Adriatic of the "niie star
Line leaves her dock this morning she
will have in the cooling looms 10000
pounds OF frozen poultry. mostly medium
sized chickens, tended for me Liverpool
market. This is tn. last OF the heavy
shipments for the season. Two Chicago
Arms, the meat packers. and two New
York Arms have shipped in round mum.
beers this winter 5000. 900 pounds OF
frozen poultry to the English markets.
This poultry would average II cents a
pound, making the value of the total
shipments for the season something over
$1,000. 000.
Previously the English markets were
supplied from Russia. bu, war cond!-
tons have sent the English dealers TO
this side for part OF their poultry sup
plies. Anticipating this condition. a
number Of dressing plants in the West
selected such stock as they knew would
satisfy the English market II packed
accordingly. The English require a
medium sized bird, AS they are sold by
the piece or pair and not By the pound.
Russia had never reached the point OF
dressing out large chickens or fowls
and for a number OF years the American
exporters have supplied "A few large
fowls. but not until this year was the
demand 80 great for the medium stock.
Exporters do not expect Immediately
any further large orders. as the local
supply in the English market will take
the place Of the stock from this side.
Exporters were compelled to engage re.
frigerator space months ahead to be
sure of filling orders.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
GENERAL MOTORS SEES
PROFIT REDUCTION
Present Huge Earnings to Be
Cut by Increased Cost
Of Materials.

Charles W. Nash, president OF the Gem
eral Motors Company. in his remarks
to the stockholders, which accompany the
company's report for the six months
ended January 81, 1915. has sounded "A
note of warning and caution regarding
the future which was not unlike that
struck by Clarence III. Mackay. president
Of the trustees Of the Mackay companies.
on the day previous. Although the earn
ings of the General Motors Company
are tremendous. Mr.. Nash stated that he
feared such gains In profits could
not be realized in tho next six months
as had been In the period covered by
the report. owing to the increased cost
and scarcity OF materials. Tie said:
"Whilc the operations and earnings
Of your company for the irst six months
of the fiscal year. ~ given above. show
an unusual gain, AMI tho demand for
automobiles has never been 80 great. ]
desire 20 call attention TO conditions
which. In my opinion. Will have an In
fiuence over the next elk months.
THE situation in tie material market
Is very unusual and | believe that We
shall experience difficulty in securing
sufficient materials to operate our plants
TO their capacities. There IL also at
present "A shortage of freight cars 10
move u product, and II IN not likely
that TINS condition Will improve Tor
some time. Owing to these eason we
! can hardly expect the next six months
TO yield such gains In profits and pro-
duction."
The report of the General Motors
Company for tho six months period
showed gross sales aggregating sTt.-
O0o, oVo. ~ compared with $36,s51.3sA
for the corresponding six months In
1918. All Increase of S31.142.6 sos. The
undivided profits are given as $4,000
600. as compared with s6.446.534 In
1916 "A gain of s6.G33.l6s. After de-
Quoting from this amount s524.4S2 for
preferred dividends. the balance of un-
divided profits for six months. $12.
415.jiS. Is equal To ij.5 per cent. earned
on the s16.5O6. 1s3 common stock. or at
! the rate of i1l per cent. per annum,
against ST.. per cent. for the year ended
July 81. 1915.
The number Of cars and trucks sold
by the company during the six months
up to January 81, 1916. was 62.46s
This compares with 81 sos sold during
the corresponding period In 1915. "A gain
OF 30.ss0. The gross sales II net
profits are estimated to January 81
1916.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
OIL CO.'S PROFIT So, 529, o4e.
ste ri Of California FL poets Bis
Ruaineas This Year.

The report Of the STANDARD Oil Com
pany OF California for the year ended
December 81. 1915. shows a net profit
of &9.5:?.9&6. as against slo.o3s.33s FOR
the year 1914. This is after the educ
ton OF depreciation charges Of $3.4a&.-
1Og. II represents a profit OF 1915 per
cent. on the capital stock. as against
oO24 per cent. the year before. Div!-
dends were St.96s,SSs. as against So
saS. 0ss. and surplus H,5Sl.?so. rs
against $3.?0?.?&o.
D.. G. Scoheld. president OF tho COM
pany, In his remarks to s~tockholders
calls to attention the fact that owing ia
the tremendous surplus Of crude oil left
on hand at the end Of 1914 as a result
Of the European war no efforts were
made In The year just past TO Increase
the company's production until such sur
plus stock had been reduced. Eight
million barrels In tankage had to be
erected by the company to care for this
surplus in 1914.
He terms the business as a whole Tor
the year yer. satisfactory in spite OF
the hampe ring OF export business by
lack OF shipping facilities and says that
a prosperous year is expected for 1916.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
Y BONDS TO BE SIS.
$50 900 Issu~ to Pay In Part
for Cambria steel.

1t IL understood that the new bond
issue Of the Midvale steel and Ordnance
Company which Is TO pay in part for
the purchase Of stock in the Cambria
Steel Company will bear ) per cent.
interest and will be convertible into the
stock Of the Midvale company at the
rate of ten shares OF stock ,par value
$500 for each $1,000 Of bonds. The
bonds will be dated March !. 1916. and
will mature March I. 1895.
The amour Of the issue authorized
is $50. 900. 900. but the amour that Will
be put out depends on the amount Of
Cambria stock which the Midvale ac-
auires. Thu issue will he secured by all
stock 80 acquired, 1t is not yet known
at what rate the bonds will he offered.
but II is understood that 1t will he in
the neighborhood OF par n interest.
The cost OF the Cambria stock will be
provided to the extent OF more than
$4,000 o from the proceeds Of the
stock issue of the Midvale company
now being offered to stockholders. The
balance will come from the bond issue.
Reports are that the earnings OF the
company for the current year will he
from eight to ten times the interest
charges.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
AIR BRAKE DIVIDEND RAISED
Directors increase Rate From q ia
4 Per Cent.

Following a meeting OF the board OF
directors of the New York Air Brake
Company II was announced yesterday
per cent. dividend basis. which Is an In
crease of = per cent. on the former rate.
From 1913 to June. 1915. 8 per cent. was
paid annually.
The report of the company for the
year ended December 81. 1915. issued
atter the meeting, shows a profit Of
sl.j43.2S6. which is an increase OF $y02.-
240 over 1914. Sales and other income
for the year were si.131.529. or an in
crease Of sl.SI5.597 over the preceding
year. while the surplus OF $743.74
of s1o2:iO.
The profits for the year were equal 10
15.43 per cent. before depreciation.
earned on the so. 900. 900 capital stock OF
the company. as compared with 6.41 per
cent. earned on the same stock in 1914.
G. A. Starbuck In remarks to stock.
holders said In part:
I'm submitting to you a statement of
the past years business of your com
pany II IL only necessary TO say that uil-
Ill October the equipment business for
record. October and November Wit
messed n most remarkable change for the
better. SO that our December sales and
deliveries We're In excess Of the first nine
months of the years business and the
largest sales of any month in the com
pany's history"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
LIS PENDENS.
Manhattan.

5srr vt, 400 E--Constance Mullen az,
.:n.v'sES rs,Ti.F Il a. 'p"T'''''"'i
sle.ana.r p ,H.,sms; A., Edx Q
gaze. ."' atty. FF,elner 4 MASS, mort
lI4TH ST. :. aH2U u 9 Of % Nv. sex
1901 u Fritz a Won Bsrmu,h ct al ast
sTH ST, S2o 4 -~dIenry De r wcskes az,
Fannie ,i.tmsn =, al amended fore,
BhooME ST, nv cor Mansin st, 2Ssso-
mcr,ss.e,; s,tys Wc"kes Sros
tee, agi Alderman Realty 60. Inc. ct al
'amended foreclosure OF MORTGAGE;
attys. week~s Rros,.
100 Equitable Life Assurance Society
Of The US agt Emilio Monte e, al fore
closure OF mortgase); attys, Alexander
3aTH ST. 26a w-Tenemen, House De-
Pa,,men. Of the city ot : Y sEt Lillian
house lsw); atty. l. Hardy,
ROSE ST, n +, ,h.twe'n New Chambers and
pssnH 81" g to. ga So N Mae. 4 hss e. In
,'oresFosur. q ,] HnmSs %" 'G ,.S iisnSs:;
attys, Cans, Davis 4 OMEN,
iassit-Hsrlan.. i stone az, Louisa
Garafalo ct al foreclosure Of mortgage;
s!!ys, sst'er.ec; Garfield & stone.
pi. block, &c-Drnton & 20 agt Lincoln
National Bank Of the city Of Y ct al
lcountcr claim. atty. J V Mitchell.
s9TH ST. =, 40 g 9th av. ?0xioos-
y Y ltfc ms GO agt Sophie Fromme
ct Al foreclosure Of mtg; atty, q W
MONROE ST. = % W jackson st. cix
ss.1O-Geo q Kip agt Sigmund L.ein
hardt ct al foreclosure Of Mtg: attys,
De witt. Lockinan & DE witt,
ltlST ST. y y. lis n e sth av, .5xs91,-
stephen e Lockwood agt Henry I.uhIsng
ct al foreclosure of mtg: attys. Lock
wood 4 Lakewood.
,20TH ST. III W-tity Real Estata Co art
Fradericka Schnecr ct al lamended fore
closure OF mts); atty, II swain.
BrOnx.
FRANKLIN. AV. l33i-Arthur II Oes,cr.
held agt Ida Shereshevsky ct al ,actIon
tn 1orerlosr mechanics Hem; atty. u
JAblin, v
wElHER COURT. N-Jscob Littsu ct q,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17

FORECLOSURES SALES.


sCfREME COURT COUNTY OF NEW
iORk-The Bowery Savings Bank, Plain.
tin against BENJAMIN Y. Il Wiuterbo;tom
and others. DEFENDANTS, Clerks file No.
In pursuance Of a judgment OF fore.
closure and sale. duly mad. and entered In
the above-entitled action and bearing date
the iiih day, OF January. 1915. I. III.
undersigned. the Referee IN said Judgment
named. will cell at public auction, u; ths
s EI,sn"Es M Sa's Eay" Nos III vssey
of New YORK., on the 10th day Of February.
HI; y S'.GIk n"on on that day. by
premises directed by said judgment. TO 10
sold: and therein described az follows:
MI. ina, certain Lot, piece or parcel Of
Borough OF Manhattan. Ct,y Of New vor.'
and bounded and described as follows
At u poin, on the ea.trr,y
corner OF sullivan and Spring streets, ana
r1nniug thence ~eastwardly ana parallel
~sou,hwardiy and parallel with sullivan
Street " enty-n,e feet. thence w~estwardiy
and parallel with Spriug street seventy. nvs
and thence .northwardly along the same
twenty nve feet to the poin, or place o.
Together with tho appur,enance. and All
the rights and interests OF the parties TO
this action OF, IN and 10 the said premtse,
subject to the state Of facts shown on a
made by Francis W, Ford, dated Angus,
?ist. 1901. which is In possession Of the
plain.,r's attorneys and may be examined
Dated: New York. January 18th. 1915.
.-ALENANpEK \ -rArSKY, Referee
cApWALApEh; WicKEEsHAM 4 TAFT.
tn. following II. "a diagram of tn. prop.
erty to b. sold; Its street Number 10 IL
Spring STRAIT
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
BANKS GET
GOLD TO HOLLAND
National City One Of Those
Making shipments With
Comparative Ease.
BRITISH CHECK OTHERS

II developed yesterday that while some
banking institutions in this city are hav-
ing great difficulty in getting gold ship.
ments through TO Holland. the National
city Bank and the International Bank
Ing Corporation are making these ship
ments with comparative ease. Wall
Streets attention TO this fact was at.
tracted by an announcement printed on
a news ticker early In the day that the
International Banking Corporation had
Withdrawn from the Sub-Treasury ST.
400. 600 for shipment to Holland by the
next steamer This announcement. COM
ing Immediately after II became known
that the officials OF the National
Bank Of Commerce n the Guaranty
Trust Company were seeking to ship be-
tween $1,000. 900 and $1,000. 900 to liol-
land 20 finance the purchase by Ameri-
cans of "a portion OF the Sumatra tobacco
crop. which Is suctioned In Amsterdam.
attracted wide attention. officials Of the
International Banking Corporation and
the National City Bank refused to state
by what method they were able 10 get
gold through to Holland beyond saying
that they had "a good working agree
ment with the British Government"
since last October the International
Banking Corporation alone has exported
some $4,000. 600 in gold to Holland. q
part OF IL at "a profit of Ia per cent.
The profit now is about 3 per cent. on
the transaction. During that same time
the National city sank has exported
10 Holland some So 900. 900 In British,
sovercigns. which were held In the bank
vaults. During all that time several
other institutions rave been trying
vainly TO get gold through. but found
the British Government unwilling to per
init shipments on the ground that the
gold might seep into Germany.
Sterling exchange WAS firmer yester-
, day. closing at AS for demand and
10 a-iS FOR cables. This compares with
AS i5-l6 for the formc and %.16 1-lS
for the latter on Tuesday. Francs were
lower at 5ssls for checks and 5.S7f1 for
cables. They were quoted on the day
previous at 5.s,fs and 5s7h respect
lively. italian lire advanced from S.,l
to s.So. while rubles declined from 3l.io
to 81 80.
Marks were weaker. They closed nj
=. 1919 for slight drafts II Ifs for
cables. This compares with 10 5-ls for
the former and IS 7-ls for the latter
ON Tuesday. Austrian kronen dropped
from 1910 70 1925. Guilders were
quoted AT 4: sis. against ~ 3-ls on the
day previous.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-17
STEEL CAR EARNED
$1,S24,S15 IN 1915
Surplus Equivalent to 8.59
Per Cent. on the %Company's
Common Stock.


Tho report Of tho Pressed Steel Car
Company for the year ended Decem-
her 81, 1915, issued yesterday. shows
that gross sales amounted to 317.<S2.82l
as compared with IL ,375,090 for the
preceding year. and net profits were
81 ,324,s15, as against }S92.351 In 1914.
The surplus. amounting to 9t(9.8l5.
PAT with $l7,35i tho year before
and is equivalent to $50 per cent
earned on the 912, 500, 900 Common stock,
against IA per cent. on h same stock
tfe previous year.
A total surplus Of 9S.87?.l67 10 shown
for the year.. against &S,(22.361 In 1914,
and tho general balance sheet Of the
company shows cash on hand as Of Ok.
cember 81 last OF $2.320.075.
In his remarks to stockholders F. N.
HoffstOt, president Of the company, said
In part:
We began the year with less ousi-
ness OF our books or In sight than any
year In the history OF the company and
booked less domestic business during
the first half Of the year than during
any other similar period. In tho fourth
quarter Of the year a strong buying OF
cars began. which very soon o.
down. the principal reason for t$ts
icing the advance In the price OF raw
materials, which largely increased the
production cost. This Increased cost
was 10 great that the railroads DOUBT
less felt that tho additional revenue
from their larger volume OF business
alone was not sufficient to warrant
buying equipment at the new prices.
The above increase In price OF ma
| terials was due largely TO the extraor-
| binary demand from abroad. which de-
mand is still continuing. The next Few
months will no doubt a basis
! for purchases that will be recognized as
%rmane and should "A fair Increase
lc granteAShe railroads. which increase
the shipper at present would proOApiy