davidaulloa/AmericanStories huggingface dataset:
The day book. [volume] (Chicago, Ill.) 1911-1917, 1917-01-06
BANKERS AMT STRAPHANG-

ERS.-If milkman many times con-
Yicted of pumping water into milk
and selling milk and water under the
name of pure milk should come and
tell us how to reoFganize and reha-
bilitate the milk business what
would be tell him?
# bridge builder whose bridges
broke and whose promises Of perfect,
The day book. [volume] (Chicago, Ill.) 1911-1917, 1917-01-06

construction failed Of realization
should come and tell US how to build
good bridges-and ask us to pay him
much cash for the adVice-what
would we tell him?
Observe Chicago today. The
prophets Of 1907 who promised reha-
bilitation, reorganization and 100 per
cent efficiency in service, routing and
traffic distribution on traction lines,
are again telling the city how it can
get improved service,
The same men and the same news
papers who. solved the 1907 traction
problem are again solving it.
The same community heroes Of
efficiency who in 1907, rescued the
straphanger from straphanging are
again rescuing the straphanger.
DO we hear somebody whispering
that bankers, promoters and stock
and bond jobbers have bigger say
so in Chicago traction reorganiza-
tons than the straphangers?l
STUFF TO LOSE SLEEP OVER
The Venus de Milo didn't wear
glasses.r .....
There's nothing in. the histories
about the first wop to push banana
cart in our United States.
FIGHTING WITH TIED HANDS,
r - -,
N. c---------
The Washington times., 1917-05-16

Bankers report that few Of their
old line customers are taking advan-
tage Of the present low prices OF
standard railroad stscks to invest
idle funds in them where the income
is large and apparently safe. ire
spcctive of what the Interstate Com
merce Commission may do in the mat
ter OF the railroads application for
higher freight rates. Such issues as
Union Pacific, Northern Pacific, Great
Northern. and Atchison are being
taken by this class OF buyers, and the
same buyers are favorably disposed
toward railway equipment notes
which may be had on . per cent
basis. Dullness in the call money
market has directed the attention OF
financial institutions more to prime
aCceptances a. a fruitful field for
short term investments. In accept
anccs there Is the same liquidity Of
investment that may be obtained in
the call money market, while a some
what higher return may be obtained
than from loans on collateral on call.
As a matter Of fact, the acceptance
market. the advantages OF which are
not yet fully appreciated, offers one Of
the most desirable avenues for the
short term investment OF idle funds
OF banks and banking institutions.
The Washington times., 1917-05-16
THE LOCAL MARKET
LANSTON MONOTYPE GAINS
NEARLY TWO POINTS
Fifty-two Shares Transferred at
Between 73 and 74-Other Issues
Continue InactiVe-~Railwsy Com
mon Bid Advanced to n 1-2,
Offered at rs.

Lanston Monotype stock was strong
at today's session of the Washington
stock exchange, recording a gain OF
IA points over yesterdays sale price
During the regular call twenty
shares sold at T2&, which was fol-
lowed by the sale of an additional
twenty shares at 73. After call odd
lots aggregating twelve shares sold
at 73, making total sales OF this
stock ffty-two shares. With the ex-
ception OF this stock, there was no
change over the condition Of dullness
which has existed for days.
Odd lots of Capital Traction stock
sold at TS15 and twenty shares of
Chaplin Sacks stock brought 155, the
same as the last previous sale. No
other stock sales were recorded. The
bid price for Washington Railway
and Electric Company common stock,
which is ex-dividend. was advanced
a point and a half over yesterdays
bid, to Il y, with the lowest offering
T5.
Bond sales were confined to one is
sue-Riggs Realty (Long) SIS, which
sold to the extent OF $1,000 at par. the
lowest level reached by these bonds
during the current year.
Mergenthaler Linotype Company
has declared the regular quarterly
dividend OF ~ per cent. payable June
30, to stock OF record June 2.
The Washington times., 1917-05-16
WHOLESALE PRODUCE MARKET

EGGS-Nearby, rlLc: Southern. z2c.
BUTTER-Elgin print. Gle: Elgin tub, 40c:
process. &c: store packed. &c
POULTRY-Live hens. per h.. &c: roos-
ters. per h., lie: turkeys, per H.. 20 sc;
spring chickens. per h., t0G4lc; winter chick
ems. per ib., 5oG55c; ducks, per 'lb-, I5a1sc;
geese, per H.. l2Gi5c; keats. young, each.
DRESSED PouLTRY-Hens. choice, per
h.. 24a25c; chickens, per h., Ed3oc; turkeys
per h., 5q2Sc; ducks. per ID, 02oc; roos-
ters, per ib.. i7qlSc; geese, 13d16c.
GREEN FRUTTS-Apples, new. per bbl.,
s. 5Od7 30: per box. 81 e0q2B. California
oranges, t2.5OdSo0: Florida oranges, S5.5d
az per box: lemons. per box, So 5Od3. IS;
grapefruit, t7.5Sgl.os; strawberries, psr quart,
VEGETABLEs-Potatoes. Mccormick. per
bbl-. F.5OdS.5o; Western, per ~ bu. sack
E.5odS: new Florida. per bbl.. I0aI0 90:
new potatoes, per sack, s9.5cd975: sweet
beans. per baFket. Sl.Ooq3.oO; peppers
per crate SS.0oaL50: carrots, per box, 81 50
i.50: olra, per crate. f3.06d4.0 90; radishes, per
ioo S2.Q0d5.oo: cucumbers, basket g. OO92 %;
Te1as onions, per crate. 3 SOLO: eggplant.
s.. ooaf.o0 per crate. new cabbage per crate
s.. 0o1s. %; beets. per bunch. ease. celery, per
doz.. 55d7bc; romAine lettuce. 81 .OO9l 80; let
tuce, 81 -0od2o0 per basket: squash Florida
81 L0oa2. 90 per crate; Florida tomatoes, 81. 800
400 per crate; celery Florida, per crate, 81 I'd
t250: rhubarb. Sl.50lf2. % per 100 punches: new
beetE, S5.0Od3.5e per crate: 3. G. asparagus.
S. 5oas-eo per doz-; green peas. tl.5oG2yOO per
basket spring onions. &-@Gt2S0 per 100
DRESSED MEATs-Pork, small to medium,
ID, lSc; heavy. h. l6gf7c.
LIVE STOCk-Calves. l4c.
The Washington times., 1917-05-16

Federal Reserve Board officers have
under consideration a readjustment OF
methods OF retiring United States
per cent bonds in order to insure the
reserve banks against loss due to the
expected tendency OF those bonds TO
decline in value below par after the
Liberty loan 3I1's have been fioated.
Under the law reserve banks are re-
quired to purchase at par $25. .000, 900 .
per cents annually. but by the pro
vision OF the reserve law those bonds
may be converted into 3 per cents and
resold. And so far under this law
the banks have been able to avoid
loss, something which they may not
be able to do with the huge war
Of revision OF the law, however. Is
said to be more for the future than
for the present, and it, therefore, is
not thought likely that amendments
to the reserve law viii be presented to
Congress until the next session, when
II is possible permission will be asked
10 convert the per cents as they are
retired into the new 81 per cents.
Federal reserve banks already have
requested the Federal Reserve Board
to take action TO prevent the operation
OF the present regulation regarding
the retirement Of the 2s, which ap-
parently would compel them to retire
the bonds at an annual loss TO the
banks. Approximately $625. .0OO. 900 OF
the ? per cents are outstanding.
The Washington times., 1917-05-16
NEWSFORTNVESTORS



The heavy hand OF the Government
in its relation to the food situation
made its first effective slap against
high prices and gambling in commodi-
les by indirectly advising the Chicago
Board of Trade to call a halt on the
bidding up process in the wheat pit.
According to observers of the grain
markets, the rapidly advancing prices
of the last week were due to COM
bination of bull speculation and hys-
terical buying by individuals and for
eign governments, who were under
the impression that the day of wheat
starvation was near at hand. 1t is
understood in the New York grain
trade that a large proportion of the
visible amount OF wheat in this coun-
try Is under contract for Great Britain
and France, but II is understood also
that there is a large invisible supply
in the West. which has been kept un-
der cover in the expectation that even
so much as IS a bushel eventually
could be obtained. Such a price now
appears to be out OF the question. and
II would cause no surprise In the trade
IL the market soon should witness
sudden disgorging of hidden supplies
and generally lower prices
The Washington times., 1917-05-16

The squeezing process that has
been going on during the last two
weeks in United States Industrial
Alcohol continued yesterday and
caused a further rise OF nearly 3
points TO the new high for this move
ment OF 1893, which compares with
1O0I5 established on April q last on
a bear drive. According to the best
information in the Street and persons
who are generally familiar with what
IS going on in the market for Indus
trial Alcohol stock a pool was formed
in Boston recently to sell the stock
short. The agreement Is said to have
been entered into during the week
ended April IS, when the shares fuctu-
ated between 1O1h and 112h. The
Alcohol insiders were not adverse to
having their stock pounded, and
brokers reported that il was extreme
ly easy to borrow the stock. This
gave some encouragement to the bear
pool. but with the shares now at
least l3 points above the level at
which the short line was put out the
are expected to pass reso-
lutions placing a prohibition here
after on short selling of Alcohol.
The Washington times., 1917-05-16
MAIDS DISCHARGED
AS ALLEN ENEMIES"
German Domestic Declared War
on New Workers. House.

GREAT NECK. y. Y. May l6.-Henry
Alexander. head Of an engineering firm
in the Astor Court Building. New York.
and a Spanish war veteran, who has
been active I'm recruiting for the Naval
Reserve. was called before Justice Of
the Peace Hayden to answer the COM
plaint Of two German maids. who ac-
cused him OF assault. Mr.. Alexander
said it was mot a case Of master apd
servant. but one of American citIzeu
and alien enemies"
4 elected them from my country home
here" he said. because upon the declar
alton OF war against Germany by
this country they declared war upon
my household furnishings. and dishes
and because they called President VII
son dirty loafer' and the American
flag a dirty. old rag"
The two maids did not appear. their
attorney announcing they feared 10
leave the premises Of their present en-
ployer. although assured OF court pro-
lection. and the charge against Mr.
Alexander was withdrawn.
The Washington times., 1917-05-16

High cost OF both materials and
labor are restricting new construc-
tion work and working hardship to
the building industry. For the first
time since last September the total
OF permits granted for new buildings
in the leading cities in the country
shows a falling or as compared with
corresponding periods in 1916. the
record OF April. for instance. present.
ing a reduction OF the expenditures
involved Of more than $4,000 900 as
compared with the corresponding
month last year. the exhibit being
particularly adverse when the ad-
vanced costs which tend to swell this
years totals are taken into considera-
tion. In New York the value of new
permits issued in April fell from al
most SI5.OOOO0O in 1916 to barely
SS,OO0,OO this year.
The Washington times., 1917-05-16
Wool Shortage Menaces Army
Public Also Likely To Feel Effect In Higher
Clothing Costs When Uncle Sam Orders
Millions of Uniforms.

I manufacturers. This was at the lat
est lift of the embargo. Since theT
Great Britain has felt the pinch her
self
The chances are now that Greai
Britain will do better than ever fol-
her new ally. but Britain's armies are
constantly increasing. She will need
more and more uniforms It is regard
ed as a certainty that the British EN-
plre will not be able to supply thi,
country with its needs above its do
nestle clip.
Last year wool buyers had to scouI
the markets OF the country to keep
New England cloth manufacturer
supplied In sufficient quantity to fill
current orders for cloth. They bought
1G0.OO0,OO0 pounds in South America,
81 100000 pounds in Asia. T9.00O,O00
pounds in South Africa, and a little
more than 121 100000 pounds in Aus
tralasia.
In Remote Places.
Alert Yankee commercial buyers
picked up small Quantities in remote
corners OF the world, but this year
they do not expect to be so fortunate.
This supply was enough to tide over,
but manufacturers were not pleased
with the quality or the price. Clips
of Australasia and South Africa are
fairly good, but not as useful as do
nestle clips. But buyers are like beg
gars in war time.
Since the war began no single event
has been fraught with so much signi-
ficance as the entry OF the United
States into the list OF belllgerents. No
single factor has so changed world
politics. And political conditions al
ways change economic conditions.
China sold this country wool a
year ago. II is not certain that she
will do so this year. Many Of the
world markets which were open yes
terday are closed today or will be
tomorrow.
since the war began. Unwashed wool
now sells at so cents a pound in the
Eastern markets. Wool dealers OF
the East think now the price will go
up to 81 a pound before the United
States has been in the war a year.
In the long ago-not so many
years. but time doesn't count-the
United States used to grow enough
sheep to supply the country with
wool and mutton. But with the agri-
cultural development of the country,
the. sheep industry has suffered
severe reverses- II is estimated that
there are less than 5O.OO0.OO0 sheep
in the United States today.
Greatest of wOOIen Mills.
An interesting Industrial paradox
is furnished in the fact that the
United States has the greatest wooden
mills in the world Last year the
ready-made clothing factories turned
over $500, 900, 900 worth OF clothes.
Experts believe II would not be
amiss to adopt a conservation sheep
measure as a war precaution- Mutton
chops and lamb have been eaten daily
since the world conflict began By
cutting down the meat supply from
sheep, the people Of the United States
can insure warm clothing for their
backs. During the last thirty days.
Federal statistics show. there has
not been received an ounce OF lamb
or mutton in New York.
To put 1t tersely. the American peo-
pie have eaten up their next winters
suits and top-coats-
The Washington times., 1917-05-16
WOULD CUT WHEAT
BUYING BY ALLIES
Committee Of Westerners
Coming Here.
SPECULATION is KILLED
Martial Law Declared In Grain
Dealing Says Trade Head.

CHICAGO, May Ie.-The restriction
in wheat gambling may continue
until the entire July crop Is market
ed. This was indicated today By
Joseph p. Griffin. president of the
Chicago board OF trade. The action
OF representatives. OF six Of the larg-
est grain exchanges OF the country
In setting a maximum price for July
and September wheat until further
notice" was accepted by big dealers
and millers as having killed specu-
lating and dealt hysteria a death
blow" Restrictions on Nay corn and
oats also was extended indefinitely.
In a formal statement. Griffin re-
ferred to the boards action as sde-
elarIng martial law in grain trading" !"
The problem has been solved; the
cure found" he said. There isn't
any famine in anything; we have
enough wheat. and can spare some
to our allies.
~Our so-caIled experts have inti-
Undated governments all over the
world Most OF the figures and fig
urers are liars
Farmers are loosening up; they've
got the grain, II we could only get
better service from the railroads. For
four months we have been pleading
with the Government to order pref
erence in the moving OF foodstuffs.
Coal and steel are the things that
move-profit. not foodstuffs has been
given preference"
There were various reports current
regarding the real mission OF the COM
mittee OF three sent to Washington last
night by the thirty-one grain men who
attended the conference. The committee
composed OF John II. Macmillan. Of
Minneapolis; E. C. Andrews. Of St
Louis. and c. p. Pierce. Of Chicago.
will ask the Government to curb grain
buying by the allies. according to one
member. Il was officially announced.
however. that the committee was to
confer and cooperate with Govern
ment officials and the committee Of
grain exchanges in aiding the Council Of
National Defense"
High flour prices resulting from the
The Washington times., 1917-05-16

In the last twelve months Wall
Street estimates OF the monthly and
quarterly earnings OF the United
States Steel Corporation have Tailed
remarkably close to actual figures
as subsequently reported by the cor
poratiOn. and il therefore Is worth
reporting that st now the estimate
for the May return indicates approx
mateIy $45.OOO,OOO net This would
be at the rate OF S5IO.OOO.OO a year.
or more than S32. 2.OOO, 900 in excess Of
the par value OF the outstanding com
mon stock or S5OS. 100000.
The Washington times., 1917-05-16

unprecedented wheat situation are hav-
ing their effect on bread The Store
Baking Company. one Of the largest
concerns In the city: closed It's plant
today. announcing that II was losing
money on the present 10 and Is cent
ioaves.
Delegates from all States are arriving
for the special convention Of the Ma
tional Association Of Master Bakers.
which viii hold two-days session II
Is believed that they VIII 50 on record
for Federal control OF wheat and flour
supplies.
The Washington times., 1917-05-16
DENIES GERMANS SHOT
U. S. WOMAN AS SPY
Swiss Minister Here Brands Report
As lpably False.

Published reports this morning. pur.
porting TO come from the Swiss for.
cign office. that an American woman,
Mrs. Katrina Couhch. Of st. Frans
willie, Ill. had been shot in Germany
as a spy. were branded here as false
by Swiss Minister DR.. Paul Ritter in
person.
1--WE have had no such report DR..
Ritter said. emphaticalIy. ANY such
communication from my foreign office
would have to psss through this lega-
tion. i do not believe it at all"
Dr. Ritter plans to leave Washing
ton for his new post at The Hague
when his successor arrives, probably
late IN June.
The Washington times., 1917-05-16
REAL ESTATE TRANSFERS.

Brookland-E. E. Brown TO c. B.
Haynes: lots II and 21, block IL, $40.
B. Lewis, ct vir, Henry
C. to Sidney T. Maltby, lot 20, block
3, SO.
Potomac avenue southeast, between
Third and Fourth streets-wash-
ington Loan and Trust Company,
trustee, ct al, to United States OF
America; part lot l and all lot 2,
square 500, S1,002.
1902, 14O4. and 14O6 L street north
west. and rear-Raymond E. Peter
son to LEVERS s. Wilkinson, fots
81. 35. sc, Al, AZ, and 43, square
217, $40.
Observation-Disclosures J. SteIlwagen.
ct ux., to william l. Miller, lots
ITO, and Ill, and 113, block IL, SO.
The Washington times., 1917-05-16
MILIUKOFF LEAVES
MINISTRY UNDER FIRE
Russian Soldiers and WOrkmen's
Council Oppose Leader.

PETRoGRAD. May 1o-Paul N.
Miliukofr, foreign minister, resigned
his post today. This is the second
retirement Of Douma minister with
in three days, the previous one being
that Of Minister OF War Gutchkon.
Miliukonf has been under heavy fire
from the soldiers and workmen's
council ever since he announced that
the provisional government had ap-
proved all existing treaties and COM
pacts entered into by the former au-
tocratic regime in Russia.
The Washington times., 1917-05-16
FRIGHTENS OFF BURGLAR
Army Officer Awakens In Time to
Save Property.

Awakened by footsteps on the stair
way of his home at lIOS kilbourne
place northwest at IL o'clock last
night. Capt. r. l.. Freeman. U. 5. A.,
jumped out Of bed and frightened an
intruder from the house before he
had time to collect any loot.
81 didn't see the man. said the cap
tain today, but as | ran out Of my
bed, room heard him going down
the steps and out through the back
door"
Captain Freeman said tina. he be
lieved that the man entered through a
front window. which was found open
When he reached the kitchen, Captain
Freeman found the door open.
The Washington times., 1917-05-16
WALL ST. MARKET
STOCKS FIRM AND ACTIVE,
MOST GAINING
RethIehem 3 Leads steeIs, With
Gains of Almost a PoInt-u. S.
Steel Sells Up one-Half-lndus-
trials and Metals Fraetionaily
Stronger-RaiIs Irregular.

NEW YORK, May 16.-The stock
market opened firm and active today
gains being registered in practically
all leading stocks.
Bethlehem B led the steels with
gain Of z al. 1888, and United States
Steel sold up Il, at III. Industrials
and metals were up fractionally,
while rails were irregular. but
strong.
Although trading slackened during
the forenoon, strength was noticeable
in the whole list United States Steel
repeatedly sold at 117&. and Superior
reached a high OF 4O%f, up "a. United
States Government ( per cent regis
tered bonds sold on the exchange at
105I5. OF 7, a new low record.
TOday's Quotations
Quotations today up to 1:3o o'clock
were ss follows:
The Washington times., 1917-05-16
BALTIMORE GRAIN MARKET.

BALTIMORE, May 16.-wheat
weak. Spot No. 2 red, 1914 nominal.
No. . red Western spots S316 nomi-
nal. Receipts. 57,T34 bus. Exports,
%. 400 bus.
Corn easier. Spot mixed, $1.75
nominal. No. yellow, SI.7T: cob
corn, SO per barrel. Receipts, 6,01T
bus. Exports, 221 800 bus.
Oats lower. Standard white 7Sc
asked, No. white nc asked. Re.
ceipts, l47,OS5 bus. Exports, 424,2
bus.
Rye easier. No. Western, export,
$3.50. Receipts, 1887 bus. No ex-
ports.
Hay steady. No. ! timothy. $50.
No. / clover mixed, SIT.5O@Is.OO. Re
ceipts, PA tons.
The Washington times., 1917-05-16
BRoWNLoW TO BE GUEST
E c. 5randenburg Also to Attend
Business Mems Banquet.

Commissioner Brownlow and Edwin
=. Brandenburg. president OF the
board Of Trade. will be guests OF the
Fourteenth Street business Mems As
solcation at a banquet At the New
cochran Hotel tonight at 20
Ihis will be the last big meeting
before the summer months. and the
committee in charge has prepared an
program.
The Washington times., 1917-05-16
ASKS $4,000 FOR INJURY.

The Washington Railway and Elec-
trio Company was today made defend
ant in a suit for $4,000 filed by Louise
Breedin, who claims she was injured
when a car OF the defendant company
was started prematurely as she was
boarding IL at II street and Vermont
avenue northwest on March IL, last.
The Washington times., 1917-05-16
25o,ooo ANIMALS NEEDED.

Evidence that the horse and mule
still play a big part in present day
life desp,.e the automobile was given
by Lieut.. Col. Chauncey B. Baker.
quartermaster corps, U. s. A.. when
he declared last night that one horse
or mule will be needed In the army
for every four or the first l,OOO. 900
men enlisted. Colonel Baker was ad-
dressing the quartermasters' reserve
corps at the army medical school.
The Washington times., 1917-05-16
CHANGED MIND IN RIVER
Man Who Jumped Overheard Found
Water Too Chilly.

Shivering in dripping wet clothes.
man ran into a lunch room on the
water front at ? o'clock this morning.
telephoned for a taxicab and when
IT arrived. sped away without reveal
ing his Identity.
The police or the Harbor precinct
say that they learned the man jump
ed overheard at Water and y streets
southwest, but when he struck the
chilly surface OF the river. pulled
himself out again.
The Washington times., 1917-05-16
TODAYS SALES.

Riggs Realty SIS Qong), $1,000
100, $1,OOOd1OO.
Capital Traction, 5G7s1s. 3a7s1l, 8
6TSh.
Chaplin Sacks. 1Od155: IOdf55.
Lanston, 20g72%, TdT2%, 1913, ga
80.
After CalI-Lanston, 6G73, 6d7S.
The Washington times., 1917-05-16
HAPPENINGS OF DAY
IN CAPITAL SOCIETY
Interesting Notes Of Residents Of
Washington.
CONTINUED from Fifth PageJ

Harold Whiting Burnside. The wedding
will take place in June.
y
Mr.. and Mrs. Edward S. II. Fender
gast, the latter formerly Miss Gather
Inc Burdette. whose marriage took place
last Saturday afternoon. are spending
some time at Lake Placid Club, New
York. They will return to Washington
the first OF June for a visit before GO
ing to New York. where they will
make their home.