davidaulloa/AmericanStories huggingface dataset:
Mexico weekly ledger., 1917-06-14
Motoring to Arkansas

Foy Dean, Sam Locke, Nelson Car
ter and William Vandeventer started
on a motor trip to Piggott, Arkansas,
Friday. Piggott is the headquarters
of Manager Vandcventer's Land Co,
and he is returning to resume his du-
ties after a short visit in Mexico. The
other members of the party are said
to be prospective buyers of the 22,-
900 acres which the company have for
sale.
They are going by way of st. Louis
and expect go arrive at their destina-
ton sometime Sunday. The boys will
superintend the clearing off of the
company's land, provided they do not
purchase themselves.
Taylor Dowell, who lives about II
miles north of Mexico, recently
bought a new REQ four from the Mex
leo Auto Sales Co.
The Hoxsey and Sunnen Motor Co.
delivered a new Chevrolet to Jack
Steward this week. Mr.. Steward
lives neal Rush Hill.
NJ. G. Hall, of Wellsville, has plac-
ed his order with the Mexico Auto
Sales Co. for a REQ four.
The Mexico Auto Sales Co. have
had an order with the REQ Automobile
Co. for five cars nearly two months,
but are unable to get them because Of
the war.
II. L. Lenhem, of Wellsville, is
driving a new REQ four which he
purchased in Mexico recently.
r. T., Estill of Benton CITY, pur-
Mexico weekly ledger., 1917-06-14

Miss Arch" , Cook returned from
Columbia Saturday to attend the
Winans-N Norris wedding.
Mexico weekly ledger., 1917-06-14
REPORT FAvORS PROHIBITION.
Iedper Speciai

WASHINGTON, D. c., June H.
The Judiciary Committee of the I'm
tied States Senate this afternoon re-
ported favorably on the nation wide
prohibition bill before that body.
Mexico weekly ledger., 1917-06-14

Miss Maud Stevens and her host,
Miss Matte Sparks, were in Contra
liza Saturday.
Mexico weekly ledger., 1917-06-14
T. h n r. n n r. -
The Kid Has Gone to the ColOrS

The Kid has gone to the ColOrs
And we don't know what to say
The Kid we have loved and cuddled
Stepped out for the Flag today.
We thought him a child, a baby,
With never a care at all.
But his country called him man-size
And the Kid has heard the call.
He paused to watch the recruiting,
Where, fired by the fife and drum,
He bowed his head to Old Glory
And thought that it whispered: Gomez!
The Kid, not being a Stacker,
Stood forth with patriot-Joy
To add his name to the roster
And God, we're proud of the boy!
The Kid has gone to the Colors;
It seems but a little while
Since he drilled a shoolboy army
In a truly martial style.
But now he's a man, a soldier,
And we lend him listening ear,
For his heart is a heart all loyal,
Unscourged by the curse of fear.
His dad, when he told him, shuddered,
His motherhood bless her!-cried;
Yet, bIest with a mother-nature,
She wept with a mother-pride.
Rut he whose old shoulders Strengthened
Was Granddad-for memory ran
To wears when he, too, as a youngster,
Was changed by the Flag to a man!
W. M. Herschel, in the Indianapolis News.
Mexico weekly ledger., 1917-06-14

Mrs. Abbie Snoddy is visiting IN
st. Louis.
Mexico weekly ledger., 1917-06-14

Mrs. R. A. Roddy was in Mexico
Saturday to attend the S~ellard-Gove
wedding.
Mexico weekly ledger., 1917-06-14

E. l.. Estill, of Benton City, pur-
chased a Chevrolet four from the HoX-
sew g. Sunnen Motor Co. this week.
Mexico weekly ledger., 1917-06-14

H.. L.. Lenhem, of Wellsville, is
driving a new REQ four which he
purchased in Mexico recently.
Mexico weekly ledger., 1917-06-14

h. summary of the
Drt issued by the United
Dent regarding Missouri
Dse of the country as a
enlighting insight to
.orditions both local and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Finance Economics
WALL STREET OFFICE: Telephons'
Mills Building Is Broad st. hanover ooi'
Telephones:
Hanover 66l@

With so many uncertainties IN the
situation. no one can predict what
will happen in the war period, but 1t
can be stated with confidence that
nothing has developed so far to cause
depreciation in the intrinsic values Of
railroad stocks on the same scale as
the depreciation in their market
values as measured by current prices
contrasted with those Of six months
or four years ago. 1t is true, of
course. that the railroads are facing
a problem of no mean proportions
resulting from price imitation and
the high cost of labor. But if they
need an increase as an offset-and
they seem to have made out rather
good case before the Commerce Com
nission-there is not much doubt that
they will get it. Meanwhile they
have passed through a period of
prosperity unequalled in their his
tory and currently are handling a
volume of traffic so large rs to tax
their facilities to the utmost. And
many of them are doing this at a
profit larger than in the correspond
ing period Of 1916, which was, as has
been said, the best year Of all so far
AS railroad earnings are concerned.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
of D. & R.G.
Cause Holders of
Securities to Act
Prices of Roads Bonds
Decline Sharply on
Stock Exchange

Denver g. Rio Grande securities,
which have been weak since the recent
decision of the United States District
Court directing judgment of upward OF
s32, 900 900 against the railroad in favor
of the Equitable Trust Company, took
another tumble yesterday. The pre-
ferrcd stock dropped . points to 10, and
the refunding per cent bonds sold
down from SO to 56.
Meantime, holders of the company's
securities organized TO protect their
interests in the property by the ap-
pointment of committees.
One committee, of which Seward
Prosser is chairman and the other
members are c. Ledyard Blair. h. h.
Boiset, John Henry Hammond, Andrew
J. Miller. William Solomon, Joseph Sea-
man and Frederick Strauss, has been
formed for the protection OF the inter
ests Of holders of the first and refund
ing mortgage per cent bonds.
John B. Dennis. Alonzo Potter, Otto
T. Barnard and Albert Strauss have
been named committee to look after
the interests of the holders of the
per cent cumulative adjustment mort
gage gold bonds, while committee
representing both common and pre-
ferred stock holders has organized.
The Equitable Trust Company was
awarded judgment as the trustee OF the
mortgage securing the first mortgage
per cent bonds of the Western Pacific
Railway Company. the principal and in
terest of which, the court held. were
virtually guaranteed by the Denver K
Rio Grande.
After a meeting Of the Denver
Rio Grande directors yesterday 1t was
stated that efforts will be made on the
part of the company to effect peace
full settlement of the controversy with
the Western Pacific. To this end the
committee originally formed for this
purpose will continue in existence and
draw up a new plan. which. If approved
by the Western Pacific security hold
ers. will then be presented 10 the Den
yer & Rio Grande security holders for
their ratification.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Sale of Railroad
Ordered by Court
Chicago & Eastern Illinois to
Go Under Hammer
June II

Chicago, May G3.-An order calling
for the foreclosure sale of the Chi
cago e. Eastern Illinois Railroad at
Danville, H., on June II has been
drawn by Judge Carpenter, of the
United States District Court. Judge
Carpenter holds that the property will
bring a good price now, whereas UNI
certainties OF the war might create a
poor market later. The upset price
on the Chicago e. Eastern Illinois lines
proper is fixed by the court at sl0,-
100000.
The total default of the railroad
company now amounts to approximate
ly s50,o00,O00. Receivers certificates
outstanding aggregate S6,000.000.
A tentative reorganization pro-
gramme for the Chicago e. Eastern
Illinois has been drawn which provides
for an assessment of $50 share on
the present outstanding stock and new
cash Of between sl2,000,000 and sl3,-
100000, to be raised by the issuance
of new securities. IL is planned to
put out only one issue OF stock. In
come bonds whose rate will be con-
tingent upon earnings will be issued
in place of a large amount Of bonds
now outstanding. A small amount of
bonds. between 100000 and $7,000,-
900. on which there has been no de-
fault. will probably be left untouched
in the reorganization. Fixed obliga-
tons of the company now amounting
to s3,750,000 will be reduced approxi-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24

foreign money in terms Of the Ameri.
can dollar. You buy an English pound
sterling at, say, s4.75h. The intrinsic
parity is s4.ssSs per pound. Thus, you
say either that pounds are at dis
count or that dollars arc at a pre-
MUM, which is owing to the fact that
in England the demand for dollars
with which TO settle accounts in this
country is greater than the demand in
this country for pounds with which to
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Dividends

Au.r;-,r Rank Regular eusrNry
d;,';I.nd If IL, per cent on the pfstenv
stock. payable July 10 STOCK VI
June Is. IA
Union Carbide. quartsfy .,t
dcnd Of . per cent. payable July
OF record June 20.
Pi.ree-Arrow Motor Csr.-ReguAr 49,
tcrly dividend OF , per cent on ,ne ~ Ian.
stock. payable July 10 stock OF ,eso.s .,r,es
Is: also a dividend Of Sl.Zo on ,ne 0~sso,d
stock. payable August TO SUCK u
July IA. .,.
Fairbanks. Morse & Co.-Resuis -.
terly dividend Of IA per cent on ,rs.
ferred stock. payable June 10 s'''A v
ord May 81. .,s
Chandler Motor Car.--Regilar ogA 10
dividend of . per cent and the usaI' b
dividend Of per cent, payable ''
stock OF record June 10.
Montana Power Co.-ouartefly n", "a ~
l.. per cent on the common s.oeS' esss
regular quarterly dividend OF 70 .toti
on the preferred. both payable July . ss,,rss
Of record June Is. This places ue ssnsrx
stock on 5 per cent annual oAsH'
with 4 per cent heretofore. -.
Union Bag & Pspsr.-Reg,Isr ,sr. ijs
dividend Of III per cent. pap aDis 's"
stock of record June ,.
Rochester Railway 4 Lisht.-ReSular -
- d,,,;Jsrd o. iL per cent on ire ~
fcrred stock, payable June l to s'o'A "
ord May %.
Warrington Pump 4 Machinery -
,;on Rsor,lar quarterly dividend OF ~ r.
cent on the Glass A preferred ,,'eA' ~
July TO stock OF record June 90
consolidated Callahan Aisnis
Quarterly dividend OF 81 shafs, P'
June 30 TO stock OF record June To- -
I.elede Gas usht.-Rsguisr aunSs
dividend OF ia rer cent on tns AZ ~
s,oek and the regular senii-annusl OF rs
cent on the preferred. payable 'u''
stock OF record June ]. -,
Heyvood Brothers & wskshsls.-n. ~
semi-annual dividend OF 81 snare
common stock. payable June ] a Is
record May % also an extra di''os
a share. to be paid In Liberty oon's' -,
Owens Bottle Maehtns. Regular ee.S; IS
dividends OF si.I5 on the prefsfreu sxtrs
cents on tn. common stocks; slso an ~.
dividend OF 50 cents on the common
nble July to stock Of record June Is a
OhIo Fuel Ou.--Quarterly diyidsna
cents a share. payable June > 70
record May I'll.
Cumberland Predicting = .~,sbh
Monthly dividend OF per cen"
June Is. =, l,,l
ChIlds Company.--R Regular ousfey sset
d.nds Of Is. per cent on the preien.. ,sbk
and ~ per cent on the somfnc"'
June II 20 stock Of record May o. .hv
International siivw.--Resaisr sl.rslt
dividend OF Ia per eent en- sns -
stock. payable July ] 70 sssss
June II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Steel Mills Closely
Scrutinize Orders
Commercial Buyers Feel the
Pinch of Increased Gov
eminent Buying

As war demands for steel from the
government increase the pinch on prI-
vate consumption becomes more acute.
All injuries of an ordinary or CONNER
cial character are carefully weighed
and analysed, according TO "The Iron
Trade Review" and the reflections OF
orders for steel the ultimate use Of
which is not considered satisfactory by
the mills, are more numerous. Some
producers are requiring a government
certificate from buyers before tonnage
is allotted.
Anticipation Of the huge tonnage
which the elaborate shipbuilding pro-
gramme Of the government will absorb
as an urgent military measure has
forced some of the largest producers
completely out of the plate market.
The transportation of steel to the gem
cral trade has been greatly impeded
by the diverting of open top cars into
tho coal and ore traffic. The mobiiza-
ton of the Reserve Officers Corps il
mahlilS uidlls uPoH nun anu steei WI no
organizations.
"The Iron Age" says that progress
IS being made on plans for united buy
ing of steel and other metals By the
government and the Allies. Foreign
inquiries for steel are still large and
have been for week. but few orders.
since the mills do not care to make
deals which later the government re-
quirements will upset. Russia's car
requirements. which have been talked
of for over year. are given a better
standing by the loan made to that
country by the United States govern
mont
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
General Motors Suit
Settled Out of Court

The legal battle between Jacob
Mayer. of this city, and the General
Motors Company. of New Jersey, in
which the former sought to prevent
the formation of the new Delaware
corporation, was settled out of court
yesterday in Newark.
A meeting. at which the stockholders
were TO have voted on the capital re-
adjustment plan, was 10 have been held
on May 10, but Mayer, who is the
holder of fifty shares of the preferred
stock, through his attorneys obtained
restraining order enjoining the pro-
posed meeting for one week. At the
expiration of that period Vice Chancel-
Tor Lane extended the prohibition I'M
I'll yesterday. but no action was taken
because Of the possibility Of a COM
promise settlement
1t was set up by Mayer in his ac-
ton in chancery that the change from
New Jersey TO a Delaware corpora
ton was solely in the interest of the
common stockholders. that it was for
the purpose of enabling them 10 msnip-
ulate that stock and TO speculate for
their own gain at the expense of the
public.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Herkimer County Gold
Mines Are Unproductive

Another effort to arouse interest in
the alleged gold" mining operations
in this state has been brought TO the
attention of the State Geologist, who
on several occasions has warned the
public against entering into any
schemes of this sort. The latest vent
ure has its headquarters in Herkimer
County, but nearly all sections of the
Adirondacks and various other parts
of the state have been exploited by
promoters of these ill-founded enter
prises. which in several instances have
entailed very serious financial losses
to the deceived investors. AS an addi-
tional lure, the promoters are now
advertising that the sands contain
platinum, whose value exceeds many
times that of gold The Office of the
State Geologist has been in touch with
this matter from the first, and it's
records show that there has never
been any success attained in such
workings, which, at best, contain only
mere traces of the precious metals.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Wednesday, May %, 1917

Though there was nothing specific
in the days news making for either
higher or lower prices on the Stock
Exchange. the momentum Of the up
ward movement which started last
week was sufficient to advance the
general level of quotations still fur
Their. Late in the day the profit
taking which inevitably follows a
sustained advance wiped out large
part of the gains even in the indus
trial list and left the railroad stocks
in most cases at lower prices than
those at which they had closed on
Tuesday. 1t was the biggest day in
two months. with transactions ex-
ceeding 1,250,000 shares, of which
only z per cent was in railroad IS
sues. As on the preceding day, the
market was under the leadership of
United States Steel common, trad
ing in which aggregated nearly a
third of the total dealings. But more
interesting than the heavy volume
of dealings in that great industrial
was the fact that at 129&, reached
carly in the afternoon, Steel COM
mon stood at the highest price at
which it has ever sold, duplicating
the top made on November q last,
when the ecstacy Of speculation in
war order stocks attained its great
est proportions.
1t was only a week or two later
that the peace proposals. of Ger
many caused a sensational readjust-
ment of prices and removed much of
the element Of initiation which char
acterized practically the whole of the
industrial list at that time. Since
then Steel, in common with the rest
of the market, has gone through
process of liquidation the like of
which has probably never been wit
messed except in time of severe and
farreaching panic-liquidation which
carried the price of the market
leader more than 80 points below the
November high. But, unlike the gen.
eral market, Steel has now about re-
covered all its loss. And the remark
able fact is that this was accom-
plished without sensation and with
out anything which could reasonably
be regarded as a "bull" market.
There has been no real excitement in
Wall Street since the February
break, and there is none now. That,
probably, is to be accounted for by
the absence of the public. Outside
participation in the stock market
has been at a minimum for a long
time, though as the recent rise pro-
crossed the public. following its ira
ditional course, has displayed a
growing interest and is beginning
cautiously to play the game of specu-
lation on a small scale.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
New York

Newly Listed Securities.-The New
York Stock Exchange has admitted the
following securities TO the list: Wash
ington Water Power Company, i,700.-
600 first refunding mortgage sinking
fund per cent thirty-year bonds; Ten
nessee Copper Company. $2.000.00O first
mortgage s per cent ten-year convert
bic sinking fund bonds, series A:
American Sumatra Tobacco Company,
Sl,000,000 per cent cumulative pre-
ferred stock and s6,S0O,000 common
stock; temporary interchangeable GER
tiiicates for Ss,455,000 per cent cumu-
lative convertible preferred stock, and
33S,s19 shares of common stock. with
out nominal or par value: United
Paperboard Company. permanent en-
graved interchangeable certificates for
s9.ls6, 400 common stock; S. II. Kress
e. Co.. s3.772.40 per cent cumulative
preferred stock and 81 sol 500 common
stock; Chicago and Eastern Illinois
Railroad Company, ss,402 800 preferred
stock; International Paper Company,
sl9,02l 700 6 per cent cumulative pre-
ferred stock. and s2,557 200 common
stock: Tennessee Copper and Chemical
Corporation, common stock trust GER
kficates for 35s,62i shares of common
stock: Elk Horn Coal Corporation, &c.
100000 per cent non-cumulative pre-
ferred stock and Si2.000.00O common
stock; sl,90t,500 Elk Horn Fuel Com
pany first mortgage fve-year per cent
convertible notes: and s4790.000 ten
year sinking fund mortgage convertible
s per cent notes.
National Motor Stock Certificates
Ready.-The Bankers Trust Company,
transfer agent for the National Motor
Car and Vehicle Corporation, is pre-
pared TO exchange the temporary GER
tifcatcs for permanent engraved GER
tiiicates for the stock Of that CON-
pany.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24

mately 40 per cent. to s2,25o,ooo. It II,
expected. The reduction OF the hkeu ,
charges will be accomplished largely
through divorcng the Chicago q Indi'
ana Railway and the Evansville e. lnd'
ianapolis Railroad. The main lines
namely, roads running from Chicago 70
Evansville and from Chicago to 81
Louis, and the lines to Thebes VIII DC
divorced from other subsidiary lines
and coal properties and bought In oy
the reorganization committee, headed
By Kuhn, Loeb e. Co. Chicago q inoi,
ana Coal Railway, from Evansville, and
indianapolis Railroad will go to otne.
buyers. The latter line will be soid
later at date to be fixed by the
Federal court at Indianapolis.
The coal properties in Montgomery
County. ILL.,, and Vcrmilion and Sulli-
van counties. Ind. which also Will DC
divorced. and are valued at approx
mately s5,OOO,ooO. also will go to other
purchasers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Wheat Promise
Is Excellent in
The Northwest
Plant Growth Sturdy on Full
Acreage-Gain in Other
Crops Expected
Minneapolis. Nay %.

Minneapolis, May %.
Crop conditions as they stand to-day
warrant expectation Of the heaviest
grain production ever known IN Mime
sofa, North Dakota, South Dakota and
Montana. This indication is not based
on any material increase IN spring
wheat acreage, for, despite all the ag'-
tation for an increase, the seeded area
is little, If any, larger than last year
because the late opening OF spring IN
some localities, seed scarcity and otner
causes prevented big wheat acreage
gain. But the wheat crop is standing
deep rooted and of fine color where up
while there will be big crop increases
in corn. barley, oats and rye There
will likewise be enormously increased
potato acreage.
No May crop report from the North
west is Of value, except as indicative OF
the probable acreage. June, with It's
uncertainties, often makes or unmakeS
the crop. June has been hard month
in some seasons in South Dakota and
Southern North Dakota. Lack OF ram
fall at the right time, and not winds, IS
the thing most TO be feared.
But in this year of unprecedented
effort at food crop increase 1t may be
said with certainty that the North
western crop never went into the sec
ond half OF May with finer promise.
There was, through the first half OF
Nav. a rainfall deficiency. 1t ranged
from an inch near Minneapolis and st:
Paul to two inches further north and
west. More recently there have been
beneficial rains.
The wheat plant meanwhile struck
deep, as it always does in a reasonably
dry May. You can pull up wheat any
where in the Dakotas to-day and ind
it deep rooted. This is favorable
sign. If there is shower or two dur
ING the remainder of May and the first
week Of June. the crop Will go along
TO the critical period in good CONDITION.
There never was a sturdier plant, bet
ter capable of resisting dry June,
should there be such a June.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Stock Exchange to
Pay Enlisted Employees
Salary Difference

Emplbye. of the Stock Exchange who
have already enlisted or who may be
called to the colors later will have the
difference between their pay as sol.
der or sailor and the salary received
from the exchange made up 10 them
until the end of 1917. This policy was
By the governing committee
yesterday. which delegated the COM
mittee on arrangements to handle the
detaila
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
The Dollar in Foreign Exchange

Quiet prevailed in the local foreign
exchange market yesterday, with Rus
sian rubles slightly easier and the rest
of the market barely steady. Francs
were a shade frmer.
Closing rates yesterday, compared
with week ago. are given in the table
below. American bankers have sus-
pended all dealings in German and
Austrian exchange. so that daily quo
tations for either marks or kronen are
no longer available.
Week
Yesterday. ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24
Wheat Seeding in Canadian
Provinces Nearly Finished

Reports from the Saskatchewan De-
partment Of Agriculture show that
about 95 per cent OF the wheat seeding
is finished in that province and that
about 20 per cent OF oats and fax
have been sown. Soil conditions are
reported ideal for termination and
plant growth. The crop outlook IN
the Canadian Northwest as whole
ia regarded as highly encouraging.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24

In considering the present price
position Of the railroad stocks it
should be remembered that they did
not share in the great market boom
which eliminated last fall. AS a
matter Of fact, at the top Of last
year they were in many instances
well below the high prices Of 1913
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-24

The record of leading railroad is
sues presents much the same appear
ance as the industrials, save that
they have not exhibited nearly so
much strength recently as the latter.
As will appear from this list, the
average of twenty representative
railroad stocks is now approximately
20 points below the 1916 peak, and
hut little more than points above
the low for this year: