davidaulloa/AmericanStories huggingface dataset:
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
KAISER'S PROMISES
CAUSE OF REJOICING
AT Same Time 1t Is Pointed
Out They Must Go Further
To Be Satisfactory
By John Grandens,
(United Bros staff Correspondent.

NNNAtNN ASHo 'tdAA Ntiltcluuueut-j
Berlin, via London, April s.-Formal
pledge by the kaiser for political re-
form was generally hailed with re-
ioicing in editorial comment today.
But a number of the more liberal news
papers indicated clearly the pledges
were not enough to satisfy those seek
ing greater participation by the people
in the government
"While the promise will please the
socialists, they viii take into account
only deeds" declared the socialist or
gan Vorwaerts.
"The emperor promises only secret
general vbte-so the fight for equal
votes must continue, - insisted the Vos-
sisehe Zeitung.
The Taglische Rundshau, on the
other hand, declared: 'This, in a few
strokes of the pen have been created
what years of agitation and confer
ences have heretofore failed to
achieve.''
"Thanks to the emperor's interven.
tion," said the Lokal Anzeiger, Gan
unpleasant internal dispute has been
settled. His address will produce q
good effect abroad, as showing that
there can be no outside interference
and that the German people continue to
stand behind the emperor and Field
Marshal Won Hindenburg.
"We wish for an immediate start il
fulfilling the chaneellor's promise, but
that value of the emperor's proposal is
not SMALL" declared the Tageblatt
Franchise reform is only one Of
numerous reforms which Germany
needs -
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
To Speed Up Farmers
and Conserve Supplies

Berkeley, Cal, April 9-To devise
ways and means of showing farmers
of the Pacific coast how to speed up
and increase their crops and put the
posal of the United States in the pres
ent war, heads of the departments of
agriculture of the states of Washing
ton, Oregon and California will meet at
the University of California next Fri
day. L. G. Corbett, now at Bellingham,
Wash, will attend as official repre-.
sentative of the United States depart
ment of agriculture, by direction of
Secretary Houston.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
To Provide Severe
Punishment for PIOtters

Washington, April 9.--Without dis
cussion, bi providing for punish
ment for destruction of war materials
was passed by the senate today.
1T is the first legislation passed
aimed at the activities of plotters in
this country,
The bill covers destruction of war
materials Of all kinds-railways, docks,
wharvcs, railway terminals, munitions
anything that could be construed as
useful to the carrying on of the war.
1t was reported unanimously and
carries a penalty of fine Of $4,000
and thirty years imprisonment for con
yiction.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
Illinois Shaken bV'
Severe Earthquake

Springfield, ILL.,, April 9.-Building'
and homes in central Illinois were
rocked by a earthquake shortly after
3 O'Clock this afternoon. The SHOCK
was distinctly felt at Springfield
Jacksonville reported slight tremoi
and Carlinvil authorities said the
bildings rocked, but no damage was
done. The tremor lasted forty seconds
1t was first believed to be an explosion
at the powder works here, but tele
phone calls showed no accident occurred
there.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
Nee9II0csn<
CA@aN -% LO10Na

Circuit Judge Skipworth, by a de-
cision handed down Saturday, restores
to the state Of Oregon title to 1,40O
acres of school land in Lane county,
which it was alleged have been obtained
fraudulently by F. A. Hyde and his as
sociates in conspiracy known as the
Hyde-Benson land fraud.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR SALE-One brown horse years
old, heavy boned chunk, weighs 400
gentle and true to pull single and
double Price $40. One roam gelding
10 years old weighs 1000 lbs, suit
able for single or double ranch work,
price So. Also some good all round
ranch horses cheap. Call 225 Center
st. 40
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

Vincent Kelly, son of Mr.. and Mrs. v.
j. Kelly, Of The Dalles, died Thursday
at Banning, Cal, following an operation
for removal of mastoid at San Diego.
Mr.. Kelly was 20 years old and had re-
ceived an injury to his head several
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
Missouri Felt It.

St. Louis, Mo-, April 9.-Northwest-
ern Missouri was shaken by a severe
earthquake shock shortly before 3
o clock this afternoon. In st. Louis
the shock was heavy enough to cause
interruption to telephone communiea-
ton some sections. MOberly, Mexico
and Kirksville reported buildings were
rocked.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
PAPER 75c PER PAPER
Hundred Pounds

Hundred Pounds
For Newspaper, Magazines, and Books,
we viii pay 75c per hundred pounds
Whether you have 100 pounds or 100
tons call us and we win promptly call
70 see you. Don't forget our Telephone
No. 706.
WESTERN JUNK COMPANY
Salem's Leading Junk Dealers
Salem Silverton Independence
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

THE FIXIT SHOP-We sharpen lawn
mowers, shears, cutlery, saws, etc.,
repair umbrellas and furnieure, gen
eral job work. Court st. opposite old
Chicago store. Phone 1922 Work
Called for. 5-5
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

A GoOD-Well improved farm IS acres
all nder cultivation, good buildings,
three quarter mile from railroad sta
tion, in good town, twelve miles
north of Salem. Cash rent $325.O0.
Geo. B. Jacobs, room IA, Breyman
building, phone S48, $50 North Com
mercial st.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

Twenty-Five boys from the Corvallis
high school have answered the presi-
dents call, II going to the navy and II
to Company X.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR SALE OR TRADE-Cheap land
with good advantages, 230 acres near
Cottage Grove, mostly well fenced,
over 20 acres open to plow, family
orchard, house, good barn, good roads
Deal all or part. Address box 397,
Cottape Grove. Or. Ala
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
years ago while playing football al the
Columbia university in Portland.

DR.. d. G. Clark has been elected city
treasurer of Harrisburg, by the coun-
ell.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

WANTED-A reliable agent to handle
our Flexible Spray Nozzle. A big
field, big profits. All fruit growers
use them. Send for sample. Hughes
& Jones, / Is North Tower Ave,
Centralia, Wash, All
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR RENT--6 room strictly modern
bungalow, well furnished, furnace
heat, will rent reasonable to right
party, no children. Address 40 care
journal. 4-IO
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

= X X = X X X X !. x X \ 4 =
4 NEW TODAY ADS WILL BE \
i read in the Journal in all live \
= Marion county honestly 'em. \
x x X x X < x X x X X X x x :. X
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

Dee, station on the Mt. Hood rail
road in Hood River valley, is to be a
receiving station for the apple growers
association.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR ExCHANGE-14O acres wheat
land in Washington, close to tive
towns, value $4,000, to trade for 5
to 20 acres close to Salem. Ea Hill.
box 55, Route 2. 4-l2
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

SECOND HAND MEMS CLOTHING
Bicycles, jewelry, musical instru-
ments, tools, guns, etc, bought, sold
and traded Capital Exchange 331
Court st. Phone 493. 4-27
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

MANGIS-To Mr.. and Mrs. E. J. Man
gis, April Q, 1917, daughter. She
has been named Evelyn Lois.
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

LOST-Dog, female setter, red ears,
body white, with red ticks. Reword,
Hill, box 50, route 2. Phone GLIB.
Ali
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

100 ACRES-Good location, well i'm
proved ON main highway, so cultiva-
tion, running water; bargain, terms.
II. A. johnson g. Co. All
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

HAVE Is STANDS OF Would
like to find orchard owner on east
side of river who will allow bees to
gather honey in orchard. II. Rehb,
Route 6, box 139. 40
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

MONEY L0ANED-On furniture, We
hicles, livestock, implements, etc.
Union Loan. Agency, 217 s. High
street. 4-2S
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

AUCTIONEERS-Col. w. F. Wright,
Turner, Or, Col Z. G. Snider, Salem,
Or. Best service, reasonable rates.
Phone 1428M. Salem, Or. If
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

MIDDLE AGED LADY-Wants posi-
tion as housekeeper. Address Mrs.
Minnie Reagan, Turner, Or, R. 2.
4-12
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR SALE-Modern 5 room house,
good reason for selling. Price $l150
if taken soon. This is snap. P. n.
Andersen. 1155 Hood st. Ala
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
BORN

'e-k X X Il X 4 X X X K X X Il i
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09
NEW TODAY

'ODAY - !!
-t++<%<<+<<<+++++%++<++%<%t
YOUNG HORSE FOR sALE-Phone
45Fse. J. y. Robertson. 40
FOR SALE-Fresh COW, years old.
Crate, Route >, box 55. 4-l2
FOR RENT-Suite Of good housekeep-
ing rooms; also one sleeping porch.
$40 Union st. 4-l0I
WHITE LEGHORN - Matching eggs
Is for sI.O0. w. r. Baker, R. 6, Sa-
lem. 4-10
FOR RENT-Comfortab rooms with
board, reasonable. 292 y. Church.
Phone 1913. 4-l0
FOR TRADE-In Salem, house, barn
and lots for farm land. Phone o.
Ireton, 1O47 S. Com1 40
FOR RENT-Old style dwelling with
barn. Phone Carey F. Martin, 4ls.
ElRlntI 40
FOR RENT-Garden lots suitable for
potatoes Or beans. Phone Carey F.
Martin, 4l9. 4-10
Observation-Disclosures done. hem
stitching DC per yard. Room 10 Ne
Cornack bldg. Phone III. 81
E. d. DEMONSTRATING, paper hang
ing, caleumining, tinting All work
is to be done. Phone 1274M. 4-10
DAIRY FOR SALE-Stayton only re
tail dairy, including farm lease if
desired. A. 7. Brewer, Stayton, Or.
Alb
FOR TRADE or full block of land
in Boise, Idaho, for property in or
near Salem Price $3200 Address
Geo. F. Peed. Phone 2l23J. 410
FOR RENT-Old style dwelling, gar
den plat with chicken yard, near
woolen mills. Phone Carey F. Mar
tin, 49, 4-l0
- - --.
MIDDLE AGED LAD1-Wants posi-
tion as housekeeper. Address Mrs.
Minnie Reagan, Turner, Dr. r. 2.
4-IZ
- :
MONEY LOANED-On furniture, We
hicles, livestock, implements, etc.
Union Loan Agency, 217 s. High
street. 4-2S
---
100 ACREs-Good location, well I'M
proved on main highway, SO cultlva-
tlon, running water; bargain, terms.
ii. A. johnson & 20. Ali
AUCTIONEERS-Col. w. F. Wright
Turner, Or, Col +. q. Snlder, Salem
Or. Best service, reasonable rates
Phone l42SM. Salem, Or. II
---------- ----------------
FOR SALE-Modern room mouse
it taken soon. This is snap. +. n
Andersen. lloo HOOD 81. Ais
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR RENT-Old style dwelling, gar
den plat with chicken yard, near
wooden mills. Phone Carey F. Mar
tin, 4l9. 4-l0
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

FOR TRADE or full block of land
in Boise, Idaho, for property in or
near Salem. Price $4,000. Address
Geo. F. Peed. Phone 2123J. 4-10
Daily capital journal. (Salem, Oregon) 1903-1919, 1917-04-09

I YOUNG HORSE FOR sALE-Phone
45Fse. J. ". Robertson. 4-9
The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1917-06-15

CLEARANCE SALE OF CURTAIN
] scRIM, TABLE LINEN AND
TOWELS.
l5c quality Scrim. in real new
patterns, per yard ...........1O(
csc Scrims. in real new patterns,
sale price ......... .........l5f
Csc Scrims, per yard ..........ZXC
35c quality White Table Damask,
sale price. per yard .........24f
75c quality Table Linen, per
yard ......... ..............44(
$50 Towels, for ............... Sc
CSC Towels, for
CSC Towels. for ..XXC
GREAT SALE OF coRsETs.
Toe C0rSetS ........... .'.H0C
s1.25 warmers Rust-Proof Cor
sets, sale price ........... 10
$500 Warmers Rust-Proof Cor
sets, sale price ..........S1.3S
The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1917-06-15
CLEARANCE SALE OF STAPLE
DRY GOODS.

DRY GOODS.
12kc quality Amoskeag Apron
Bingham, sale price, per yd.. 1Oc
One lot 15c quality Dress Cling
ham, sale price, per yard. .111bc
1Sc quality fancy Dress Bingham,
sale price, per yard. ..,...131at
/. One lot 15c quality dark and light
Percales, sale price, per yd.. Ike
zoe quality best brand Percales,
sale price, per yard ......... 14G
One lot 15c quality Cotton Shirt
ing, sale price, per yard. like
Regular 1Sc quality heavy blue
shirtings. sale price, per I'd. 1916
Best brand Calico, sale price,
per yard ............ Sc
Is quality Unbleached Drilling,
sale price, per yard ........1OE
81 Unbleached Sheeting, sale
price. per yard ..............35E
81 Bleached Eheeting,
sale price. per yard. ...... .37kG
10 Bleached Sheeting,
sale price. per yard. ..421k<
Csc quality Bed Tick. sale price 1Sk
S5c quality, extra heavy feather
Tick. sale price, per yard. .2of
100 quality Bleached Domestic,
sale price. per yard ......... 81
12ac quality Bleached Domestic,
sale price, per yard IN
15c quality Hope brand Bleached
Domestic, sael price, per I'd. 1910
10c quality Brown Domestic, sale
price, per yard ............. 81
121sc quality extra heavy and wide
Brown Domestic, sale price,
per YARD ..'...... ..........1Of
15c quality Sea Island and extra
heavy Brown Domestic, sale
price, per yard ............121LH
The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1917-06-15
CLEARANCE SALE LADIES' HOSE
= AND VESTS.

zoe values Ladies' black and
white Hose, sale price .......13t
35c values Ladies' black and
white Hose, sale price .......22f
SOC values Ladies' Silk Hose, all
colors, sale price ............ 29f
75c values Silk Hose .......... Sc
Ladies' 15c Vests, sale price,. Sc
Ladies' Csc Vests, sale price. -. 14t
Ladies' 10c Handkerchiefs. $50. Sc
One lot Csc Ladies' Collars, sale
price ............ .........lO(
Everything that Men and Boys wear
is now marked at q lower price than
ever before. Buy what you do need
now and will need later.
The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1917-06-15

Csc quality white and fancy
Skirtings, sale price ........ Pic
75c quality new figured and striped
Skirting, sale price, per
yard .......... ...... ........ 40C
75c quality fancy Voiles, sale
soc quality fancy Voiles and
Organizes. sale price .........39t
One lot Csc quality fancy voiles, Or.
candies and Batiste, sale price,
per yard ............ .......19f
One lot 15c Voiles and Lawns,
sale price, per yard .......1215t
35c quality Poplin, in all colors,
sale price, per yard. ...20f
One lot figured white goods, In Ba.
tiste. Wolfe and Madras, worth Csc
per yard, sale price. per
yard ......... .15f
75c quality extra fine Organize,
sale price, per yard ..........40C
One lot 15c quality India Linon and
Crossboned Muslin, sale price,
per yard ......... ........111hf
CSC quality Nainsook, Batiste and In
dia Linon, sale price, per
yard ......... ..2Zf
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01
For THROAT AND LUNUB
nTi hnOhR UOUunn ANN GuLDn
ECkman'S
Alternative
n"'.n NJ At IsAnImu nsuuu,aTn

- 'h'I'-r" alta, -i"'"Ii"r ""-"."I ..."L-
"ttl' r'I"l.'r 81 r.,"Ii, "",- ,..'I
u, ""i hi'" r,""L III't ,'i,.r.,.l
iII, r"''h I',,," r"III",',,., r~h"r" ihrv
rI"Ii'' I,I-,t,I,. ",.l ."i"ii""-
hi"" t''"rI tu"It - ti',"v"l'l" - '-.llI
"r'ul ~" r'""h '-lih h., h,"ih"r IuI,u
T"iII ~ t-ul", Wa s-.',u,l
N,- M""I~ Iindvu "ud -'u H"l,-,t.
~" h',,," Ii",l rI"Ii ~ I'rir"It
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01
NnnERTED ron TuREhTR.

NEW YORK. Iuly - hctun"h ~
making lhrUaiW nRnlnnt tho liv"H ~
j j. Morgan. Juhu Il ltu"k"TrlIrr mud
hin nuu. John ~ Knch"frlIrr. .Ir. u
man whH anId h" wnH EIi" Ku"hin"pf.
Il unidrulIHNd citizen hurn ln Ituaslh.
waH Arrrplrd indnv. Tie had been
watched for II week hv police hrad-
quarters drteCtiyen
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01

IuuuthH me-" hnn become ~ hunrHrrful
nat. l,uiIu,.fiH- ni'ii 81 thin cry ma Nor.
EnnIuwu a." r"uEI1rrlns tho purGhnbn
II uuuth"r Ir"nI tor IA" lrnd" Dap
tain DTVIIl" Soil n I'lIiHbnrgh. who
commanded the valley n"H, hhA ruG0m-
innudrd piiIiIns mt" rnrtIca ~ another
boat. nnd the rr.Gti0n 0f u warehouse
on Tho EnlTInnHI wharf
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01

T--,r,.i"y IT.. ~ ~, h..''.n' .i"y-
NJ tho y"", h"' "sv",-I I"hi"" h,nvn'l
tbe boat nnl "..-"h IT,, "-N~,uI h.r,y-
a. tho '.Inu tt'iu "'h"ui Much wna
accomplished ~ ti.u~ inIu-it i.run tv",u.
OH VII" n,~ "l,ns" -, 'Ln Inh 'I,.,tgh
nu bInhr ~ r,'"ri,', ,"nhg ~ "I1 In
tho rnmFur, ~ lhr r'iII"ru
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01

uIINTIN,ITnN. ". VI. J"iy 1l.--lh"
IhIrIi eighth nEunni n""rl"m al tho 'ihi
nu,IutI" IinrilrI huninF H'h""l hhh"'l" .
tI,u. vtIl la h-i,I IL IIuuiInEi"n I hurh-
Inl Aui,urI "mh IIih"E N"Tnhl 4
Iudk. II. i'ntIh at lInnlIng ton. VIII"
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01
BETHANY COLLEGE:

hI"I InI Ii,run
' hi hrI" iuIu I"m
"rfnrInH .uun Id n NJ h
h II
""I%,. w. w. ""% 10 81 Ut" tm %
t. .oIIn.n =
DUTY Ir I,r
In u eh.nvW
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01

"'ih" i".ii"- 80 th". va tit".I"'s 81 'h..
ff,iks'"" .I.'.'I. IN "t..,i II,,.".I" :
sT., quitting t,".'. % 10.
bp,n. 81 A." Jt',i,'on
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-01

EAIItMn&T. W Nm I"IE ~ III"
,Iy Will uTr'''ur i"tlIh'h'"' LUX ~
the fIrHt li'Eint"ul at III" W." W
.IuIn .nIIuuui t.unrh I"I"i" TIA" dlNI-
,luu hn,,r for Ilr southern lIhli'ihh
,nItIu nj MmntE"In"I'. Ma fh'"Ih '''
tho pur'hnH" al ia" Ing are "''""
raised hs p"rulmi "'l'"'flI''I""' "''''
hmm 1IUu having h''n raised.
The Birmingham age-herald., 1917-07-15
FARMERS UNION
 HEADS STANDING
 BY MUSCLE SHOALS
Southern Delegation in Con- gress, Thrown Off by False Report, Is Again
 Working in Unison
By HUGH W. ROBERTS

Washington, July 14.-(Special. )-Noti- fled that he had been represented today by Birmingham newspaper as having seen report by the interdepartmental board recommending to the President the Warrior and other river sites for the proposed, nitrate plant, Senator Shields of Tennessee late this afternoon said
 The only report that I have seen was one prepared by engineers and for warded to the Secretary of War This report was not signed by the interde- partmental board and was not forwarded to the President.
 The interdepartmental board has rec commended to the President the construc- tion of temporary or experimental plant to be located either in West Vir- ginia or Tennessee. In the recommen- dation, however, no further reference to either the Warrior or Muscle Shoals is included"
 With the exception of the arrival in Washington of several state presidents of the Farmers union, prepared to pro- test against what was made by erron- eous reports to appear as defeat of the fertilizer provision of the nitrate propo- sition, there were no unusual develop ments today. While immediately after the publication of the erroneous infor- nation southern representatives who had previously stood for Muscle Shoals
The Birmingham age-herald., 1917-07-15
CONSUME OF
 COTTON REPORT
 SHOWS INCREASE

' Washington, July 14-Cotton consumed during June was 575,122 running bales and ISS, "A bales of linters, the census bureau today announced. Consumption compares with 570,597 bales i in June a year ago and 6S063 bales Of linters.
 Consumption for the Il months ending
 June 20 was 6,259,952 bales, and 7S2, ,922 bales of linters, compared with 5,90s, ,OS5 bales of line and S19,84 of linters for the pe- rod year ago.
 Cotton on hand June 30 in consuming establishments was 1,749735 bales of lint and 122,743 of linters compared with 1885, OS9 bales of lint and 94543 of linters year ago; and in public storage and at | congresses, 1,406,S21 bales of lint and 231,- S65 of linters, compared with 1,520, ,370 bales of lint and 1G9712 of linters a year ago Spinners active during June numbered 8, ,463, ,946, compared with B, 261, ,694 a year ago.
 Imports were 26, 1S1 bales, compared with l 15, ,S03 a year ago, and for the Il months 2S1, ,520 bales, compared with 429,93S a year ago.
 Exports were 245 955 bales, including 20- 077 bales of linters, compared with 549 926 bales, including 51,420 bales of linters a year ago; and for the il months 5, ACT, ,65S
 bales, including 414,907 bales of linters, compared with 5,711, ,357 bales year ago l Statistics for cotton growing states fol- low
 Consumed during June. 32ss74 bales,
The Birmingham age-herald., 1917-07-15

New York, July 14-(Specia1 Cor respondence. e.)-Commenting this week on the statement from Washington that over 100000 individuals had sub scribed for liberty loan bonds. the head of a well known Wall street ln- vestment house remarked:
 That means more than 2,0oo,o people who never owned security are now tentative owners of liberty bonds Those 2,000.000 people have become ac- quainted with men who have secur- ities for sale. directly or indirectly, and they will begin to ask questions about other Investments"
 When the liberty loan was first an- nounced many well known financiers, such as Frank A. Vanderlip, expressed would be practiced by the American public in order to buy bonds would create habits of economy and thrift, worth, in the long run. economically, all the war would cost. These pre- dictions are materializing much sooner than had been expected. Today every one in Wall street, connected directly or indirectly with the stock market, IS receiving more inquiries than ever be- fore regarding investments. Here, for example. is a letter received by your correspondent this week showing tlfat the writer has the real investors view point:
 T note railroad stocks are down again. and think the standard shares must be safe purchase The raii- way shares you mentioned some weeks ago as being good investments in- cluded Pennsylvania. Illinois Central, New York Central. Union Pacific, Louisville and Nashville, Southern Pa cific. My idea is to scatter my pur- ehases so as to include about 10 stocks and lock the certificates up. If there is decline. hold on; if an advance. sell out and reinvest in foolproof }onds, if there are any such things. Gan you give me the names of six or eight more railway stocks in the sarnc class with those mentioned above. Would you consider Norfolk & Vest arn, Chesapeake & Ohio. St Paul, as anne as the others named?"
 It is plain that the writer of the foregoing has learned one of the car final rules of investing; that is, that the time to buy is when prices are ow. Speculative Wall street delights n telling the story of a plunger who. liter making million over night in ! certain railroad stock. turned to his broker with: Get map and let's see where that old road runs" That rule cannot be applied safely to invest ments.
 For illustrat tion. in the foregoing let ter the writer asks if St Paul belongs n the same investment class as Penn 5ylvania. It does not. In an invest ment. what is wanted is a steady in come, with promise of advance in principal Today St. Paul is paying per cent dividends. Only last week that stock sold as low as 65k. By di- viding 65h, the selling price, into the dividend being paid, per cent. the result obtained 7.6 per cent, is the income return received That income return certainly Is attractive Penn sylvania, paying 6 per cent, offers an income return of only 5% per cent. But Is St. Paul as likely to continue paying it's present dividend as Penn sylvania? That is the real question to be decided from the investment viewpoint.