davidaulloa/AmericanStories huggingface dataset:
Evening star., 1917-09-09
EARLY MARKET GAINS
ARE SOON WIPED OUT
Bear Operators Still Aggressive and
Support Of Values Is
Reluctant.
Ey the Associated Press

Ey the Associated Press.
NEW YORK September S.-Specula
tion favored the long side of the ac-
count during the greater part of to-
DAYS brief stock market session, with
an urgent inquiry for shares which
have recently been targets for bear
raids. Gains ran from to points IN
recognized favorites like the steeIs.
oils. tobaccoS and General Motors. Pool
operations were resumed with some
confidence and the shorts were sum
ciently impressed with the character OF
the buying to cover freely in various
quarters A successful bear raid later
against Bethlehem Steel. together with
liquidation of investment issues such
as General Electric. Pullman and
American Telephone. caused the market
many cases. General Electric scored
an exceptional decline of nearly 5
points. while Pullman gave way .
Bethlehem Steel Unloaded.
Large amounts of Bethlehem Steel
were unloaded. forcing the price down
~. to 100. with selling apparently in
spired by reports that the company had
taken s5o.000,00o in rubles in payment
for its contract with the Russian gov
ernment This was denied and ii was
stated that payment had been made in
British securities and guaranteed by
the British government The stock
nevertheless closed at 2-point loss.
SupVpTllLE bENtlS anu ii III iiNt iSfi4iiSe
the short interest caused a vigorous
rally in the final dealings. Total sales
amounted to 2S5.000. Rubles sold at
the new low record of 1872 cents. The
actual condition of the banks shown in
the reporA for five days was an increase
in surplus of nearly S15.000.000. Bonds
were irregular, with the liberty loan
selling at 1854 to 1892. Total sales
tpar value) aggregated S1.450.000.
United States bonds were unchanged
on call on the week.
Liquidation was an important factor
In the week active operations on the
stock exchange. but the movement re-
reived most of its impetus from con-
tinuanCe of short selling. The bears
seemed to have no difficulty in uncov-
ering new points of weakness. support
being withheld until many important
shares came within range of the years
lowest quotations
The greatest concern was created by
the weakness of rails, investment
ehares falling with issues of declining
financial status. New minimums reg
istered by New York Central and New
Haven resulted from different and well
known causes; likewise the declines in
PENNSYLVANIA and St. Paul.
Additional July earnings accentuated
some of the disadvantages now expe-
rienced by the railroads in the way of
increased operating expenses. Never
theleSs. returns of ma jority of the I'M
portant transportation systems point to
record earnings for that month by
roads traversing western and southern
districts.
Evening star., 1917-09-09


Up to date the United States has ad-
vanced to it's allies in the world war
the sum of S2,266. 900, 900. to say moth
ing of the private marketing in this
country of treasury bills. etc, etc.
The secured loans to the allies ma :
ture. as a rule. in thirty years. and
bankers are of the opinion that it
900 to slo.Oo0.oo0.o0o of allied loans
running to the United States thirty
wears after the war. citing the fact that
there will be a scramble for American
gold with the accomplishment of peace.
The alternative is to have the maturi-
ties for periods Of five years with re-
newals if necessary.
All the nations Of the world with q
place in the sun are even now lookin 6
for the advantage in the days of piping
peace.
Up Goes Silver.
The United States silver stock,
against outstanding silver certificates,
silver market. The metal is worth
about one dollar an ounce. There are
s50.000,000 coined silver dollars in the
Treasury. Silver is being doomed
against the allies and the suggestion
has been made to dispose of this block
London and New York seem to have
lost control of the market. which is be-
ing largely dominated by the far east.
Henry Clews on the Outlook.
Henry Clews has this to say on the
outlook:
New tonnage is being turned out at
tremendous rate by Great Britain
and the United States and other ma
tions which means that there will be
less difficulty in transporting food and
munitions across the Atlantic than has
been the case in the last six months.
AS result exports will continue right
along. Notwithstanding the embargo
on food shipments now in force and
which has caused a setback in our
foreign trade.
Our railroad problem is also less
acute than was the case a few months
ago. Big traffic during the next three
or four months is a practical certainty.
For the seven months ending with
July LOG of the larger railroads. ac-
Commission. had total revenues of
81 go. .es1 900, an increase of more than
S13s.OOO.0O0 from the corresponding
revenues of 1916. Their net revenue
during the same period was 1868 .0O0. 900,
compared with $3.50. 100000 a year ago.
Better results should appear during
the closing months Of the year. as
traffic is heavier. Some concessions
have been made to the roads and net
prove. especially as the shortage in
cars is being largely compensated for
by cooperation between the railroads.
The break in New Haven and New
York Central caused some unsettle-
ment, and was attributed to the diffl
culties Of new financing developed by
conditions referred to above
Evening star., 1917-09-09
Railroads Must Have Relief.

Under this caption J. S, Bache of New
York has this to say.
Through the most strenuous opera
tion on war schedule. under one COM
mand of all the railroads of the coun-
try freight car shortage has been re-
duced one-half. and by curtailment of
passenger service and convenienceS,
and by war economy in every direction,
average net earnings have been parsi-
moniously increa sed. while in individ-
ual instances great systems like
the New York Central and New Haven.
they have seriously declined. 1t is time
for the railroads to plan to reopen their
case. asking for a full % per cent in
crease in freight rates, and for the In
terstete Commerce Commission to fol-
low the advice of their chairman.
James s. Harlan. and grant relief
promptly.
There is no other better way to re-
store transportation. the second great
est industry of the country, from lag
sing convaIescence and long years OF
invalidism to full health and strength
Such action would promptly revive
the credit of the railroads, which 1s
steadily sinking, as shown by the panic
prices at which some of the greater
railroad stocks are offered. and would
strengthen and revivify the whole IN
dustrial machine and make prosperity
during and after the war continuous
Evening star., 1917-09-09
F1NANC1A-LOCAL AND OTHERWISE.

beginning of the end for the jtney in
the District.
In many sections of the country-in
many central sections of New York and
elseWhere-street railway companies
are making strenuous efforts to obtain
six cent fare as a result of the higher
wages demanded by employees and the
increased cost of everything used in
the business. in construction and opera
ton.
Some Fine Bargains.
Careful, conservative investors viii
find it difficult to resist making a few
investments in the railroad section of
the New York stock market these fall
days.
The very gilt edge of the high grade
rails-stocks that rarely came out of
the strong box save to pass on as in
heritances that men were proud to
leave in their estate-are on the bar
gain counter and there is no rush to
grab them up.
New York Central. ) per cent divi-
dend payer. at II; Atchison, q per
cent dividend stock, sc L: Northern
Pacific, a worth while Eill favorite.
paying I per cent with regularity. and
offered at 100: Great Northern, the
other Hin pet. paying per cent. lo5.
and Union Pacific. paying per cent.
with a great accumulation of surplus
available for distribution. and which
will have to be handed the shareholders
one of these glad days. l29.
| In the days of the elder Morgan,
Gould. Hartman. Hill, Flower Wander
| bilt and some of the other founders of
| old. such prices would have stimulated
some kind of immediate action looking
to the punishment of the bears who
dared to sell the best when they did
not have the goods to deliver.
Local Securities.
| The first week of fall has been even
worse from the standpoint of trading in
| local securities than the first and last
weeks of the good old summer time. In
vestment orders are sometimes talked
! Of. but are rarely seen.
1t Is simple case of a waiting mar
| ket and day-to-day trades are not OF
much Importance.
If sale of stock must be made the
| price must be made attractive to the
buyer. while an occasional buying or
der can be filled without having much
effect on quotations.
1t is a time of inaction, of watchful,
J rsstSRl WajtjnSr rNeith- -atoct9 WE'LL ,proe
Evening star., 1917-09-09
COTTON MARKETS.

NEW YORK September S-Active
covering and trade calling developed
on an early break to about the twenty
cent level in the cotton market this
morning. but as soon as this demand
tapered of the market weakened again.
with December selling down to 10 az
IN the late trading and closing at 1897
me general INST closed barely steady
AT a net decline of q to 26 points.
The market opened steady at an ad
vance or II points to a decline of o
points with the near months relatively
firm on covering. but the recent selling
movement st1ll seemed to be in prog
ress and active months sold 1s IN 30
points net lower right after the call
This carried January below the twenty
cent level. and the market then firmed
up on covering and reports that there
was buying by spot people for mill
account. Probably the census figures
on the worlds production and con-
sumption of last year promoted the
aovance. as 1t showed big falling OF
IN reserve supplies. and there was also
some talk that low temperatures In
the west might prove the forerunner
or an early fall For time the mar
ket showed considerable firmness. sell
Ing back to about last nights closing
ngures, but demand tapered off later
In the morning, and the market made
new low ground for the movement un-
der southern. local and Liverpool SELL
rng. Spot houses were also sellers on
the late break to 1000 for December
and 1890 for January, and the close
was within or points of the lowest
The report of the census bureau show
ing 100000 bales ginned to September
]. against Sol 900 last year, was Just
about in line with expectations and
was hardly an imm ediate factor The
worlds production last wear was placed
at 1s365.0oo, excluding 1inters. and
consumption at 2o.1So, 900. excluding
the consumption of linters in this
country.
NEW ORLEANS September S-After
showing more or less steadiness in the
early part of the session today cotton
fell OFF toward the close to a net loss
Of "a points on the weakest months
october was comparatively steady and
stood 1S points down at its lowest
This appeared to be the only result of
the first ginning returns of the season.
which were small enough to indicate
no great pressure against October con- :
tracts. Closing prices showed net
losses of II to II points.
Around the opening the market was
to 12 points up. The census bureau
report on ginning. showing an output
to the LIST of September of 605, ,Jl3 bales
about met general expectations and
had little influence on the trading
From the first advance there was q
decline. which put the list II to IS
points under yesterdays close. but this
was succeeded by full recovery OF
the net loss. Late in the day there
was furry Of selling. which put the
~nnnK2net zto,lfm lc1onH 4nYDlA
Evening star., 1917-09-09
LIVE STOCK MARKET.

CHICAGO. September S.-Hogs-Re
reipts. 1000 head: strong: mostly 10 t'
Il above yesterdays average: bulk
1.O0a1S.15; light 1665a1S.35: mixed
.55alS5O heavy 1S45alS.45; rough
16.45a16.1O; pigs. 11.15a1S.25.
Cattle-Receipts 1000 head: steady
native beef cattle. 7.50a17.00: western
steers. 6.50a13.25: stockers and feeders
s. 00a9.50: cows and heifers. 4.85a12.s5
calves, 12.0Oa16.00.
Sheep-Receipts 1000 head: weak
wethers. s.5Oa12.O0: ewes, 7.5oa1125
lambs. 11.40a17.60
NEW YORK. September Sleeves
Receipts. 400 head: no trading. Calvei
Receipts. 100 head: steady; veals
IL 50a1700: culls. 10.0oa12.00.
Sheep and lambs-Receipts. 2.00l
head; firm: sheen. 7.00al1. 90; culls. 500
lambs. 15.50a1s.S0; culls. 13.OOa1400.
Hogs-Receipts. 1900 head; no trad
ing.
Evening star., 1917-09-09

to size, per 100. 65as0; hard crabs, as to,
condition. barrel. 1.7sa2.5o; soft crabs. -
TO size. dosena 2sasA
Evening star., 1917-09-09
| Will Sell

&2,5GO Colonial Beach So ~ 90.
$4,000 Potomac COnsld. SC At W.
81 900 c. &. TO Ct. Falls SC at 3:i-.
$1,000 Washington Gas Sc at IOI. Z
% Capital Traction at S2N.
25 Wash. Rwy. & Elec. com. At 81. )
p Wash. Rwy. Elec. pfd. at ~. a
30 Wash. Va. Rwy. com. bid wtd.p.
100 Wash. Va. Rwy. pfd. ibid wtd.,.
50 Wash. Utilities Mt 1885,.
25 Washington Gns Mt .2ss.
10 Mer&enthaler.
81 Lanston mt g..
Riggs Nnt. Bank.
10 District NAT. Bank at If5.
10 Dupont National Bank mt los.
5 Munsey Trust mt %.
10 Continental Trust Mt I2.I..
10 Northwest Savings Bank mt y.
800 American Paper Can at ..
41O Miller Train Control ibid wanted
1000 Oklahoma OIL at II.
50 Buell. Signal 4 Train at g.
10 Gayety Theater ibid wanted.
; Bank OF ManningtOn Mt 100.
80 Imperial Theater ibid wanted.
25 Lincoln Hall Association.
800 Senman's Oil Company.
Evening star., 1917-09-09
New Arrivals
i'm w WashHng ngtom---
Banking Hours

All the departments
are open every week
day. except Saturdays
and legal holidays. from
$50 am. to 5 pm, Sat
urdays from $50 am.
TO II m. and from 6 pm.
to 2 pm. and on the
first. second. third.
tenth. fifteenth. siN-
teenth and last da of
the month until ) pm.
Evening star., 1917-09-09
Loans to the Allies.

tected around present levels and divi
dends reasonably sure.
Evening star., 1917-09-09
| Will Buy

$500 Wash. Rwy. 4 Flee. 4ec at ..L.
$1,000 Metropolitan X. II. SO at 1901.
25 Capital Traction at SIk.
c5 Wash Rwy. & Elec. pfd. at 80.
- Washington Gas at -.
10 Munsey Trust Mt IS.
2.OcO tnny pnrD oklahoma OIL at aIx.
Exclusive of commissions. Subject tn
previous acceptance or cancellation.
Bonds plus accrued interest. All exc
cutionS for cash.
Evening star., 1917-09-09
The Year 1917 to Date on the Washington
Stock Exchange

Furnished by b.. Hibbs Co, Hibbs Building.
Evening star., 1917-09-09
DRY GOODS MARKET.

NEW YORK. September s.-Cotton
goods were easy and yarns dull. Print
cloths were down to a basis Of 81 cents
for 3Sh inch 64x64's. Buriaps and linens
were very firm. Wool goods were quiet
md firm. Knit goods were inactive and
Evening star., 1917-09-09
WEEKS RANGE OF PRICES.
Corrected to the Close of Business September g.
at the Office of The Evening Star.
Railway and Miscellaneous Shares.

closing
and of
elaswe 1916 ana
fhe 1afnd
Evening star., 1917-09-09
BY I. A. FLEMING.


Washington is prepared to MAKE Jus F,
40 GOOD a campaign for the Secotio
w. loan as if did for the first al
though it would he rather remarkap'e
If the results should he in the same
ratio to the allotment for the CITY.
Representatives of the cahpaish toI',
mittee will have an advantage IN pom.
ing to a prediction verified. as IL is
nracttcaIlv certain that the new issue
will bear a per cent interest,". o"e u
the hopes held out to the army OF III
stallment BUYERS was that the rate OF
;nterest would probably be raised be-
fore the end of the year from 3 = per
cent to 4 per cent and that the puytr
of the lower rate bondS Would naHe ~
right to convert their issue INTO 'he
new As. - ~.
Very many installment buyers are
maetinp their payments regularly,
while many admit that they "ouid iot
care to take on further obllsatlois aiau
not a few that If they had their pfesen'
nurchases paid for they would nor resi-
tate TO folioy the lesson of thrift that
the liberty bonds. through their pur-
chase, have given them .
II is less trouble for the banks TO
finance the installment buyers thah TOT
the latter to finance themselves. and OF
the latter very many would dispose ol
their equity in bonds if an opening OF :
fered, being, as they are, compelled 70
keep up payments. while IN some cruz
schemes
elapse before completion of payments,
the majority of installment contracts
ending in ten months from date of nfst
purchase.
1t will also be interesting to Watch
the effect of the bond sale--4 per cent
, bonds-on saving deposits, the major
ity of which draw and 3 per cent IN
terest and are payable on demand
Evidently II the bond loan for Whlcn
the campaign will close october 3i' Is
to be a success. 1t will have to draw
many new bond buyers into the feld
and will necessitate future saving In
large degree.
| SaouId Favor Traction Companies.
The ruling of the public utilities
commission in the matter of jitneys
lnecessitating a regular five-cent fare
and barring them from the uptown
business streets, should result in a
material increase in the traffic of the
street railways. and especially in the
case Of the Washington Railway and
Electric Company. the chief sufferer
through the second invasion of the jit-
ney. It would seem as if the commits
Hioo;a sTuljpR Rpsald almost Wax1Sl the
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
Bl..~AlqJ., Idaho, List No. 0299OS
NOTICE FOR PUBLICATION.

United States Land Office, Black
foot, Idaho, Nov. 10, 1917.
Notice is hereby given that John d.
Noblitt whose postoffice address is
Cokeville, Lincoln County, State Of
wyoming, as legal assignee OF Fred
D. Mason assignee of Patty H. Fouse,
widow of George Fouse, deceased,
has this 9Th day of November, 1917,
filed in this Office application to enter
under the provisions of Section 1906
Revised Statutes Of the United States,
the SEA of the SWA Section 81,
Township Is S, r 46 East B. M, con-
tanning 40 acres.
Any and. all persons claiming adj
versely the lands described, or desif-
ing to object because Of the mineral
character of the land or any other
reason, to disposal to applicant,
should file their affidavits of protest
in this office, on or before the 29th
day of Dec. 1917.
j. T. CARRUTH, Register
First Publication Nov. %, 1917.
Last Publication Dec. %, 1917.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23

subject to the confirmation by said
court, the following described real
property, to-wit: All that certain
tract OF land situated in Bear Lake
county, Idaho, and bounded and de-
seribed as follows: The North Half
Of the North Half of the Southwest
Quarter, and the North Half OF the
North Half OF the Southeast Quarter
Of, Section 5, Township IL South OF
Range A e. B. NJ. containing Eighty
(S0) acres, be there more or less.
Said sale to be made Friday the
30th day of November, 1917, and
sealed bids will be received at the
home of Mrs. Isabelle Perkins, the
administrators, at Bennington, Idaho.
Terms of Sale: Cash ten per cent
of the purchase money when highest
bidder is notified that his bid is ac-
cepted, and balance on confirmation
of sale by said court
ISABELLE PERKINS.
Administrative of the estate
of George G. Perkins, de-
ceased.
Dated Nov. IL, 1917.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
NOTICE OF SALE.

Notice is hereby given, that pursu-
ant to the statutes of the State of Ida
no, in such cases made and provided
l, John H. Sparks, will sell to the
highest and best bidder for cash in
hand, at my residence in Dingle. Bear
Lake County, State of Idaho, at IL
O'Clock noon on the oath day Of Nov.
1917. one Shire stallion, named Lin
coin Shire Tom, No. 8358-2252r
which is the property of and owned
by Alfred Oakley, ]. H. Sparks, James
Sparks, Elmo Dayton, L. r. Ream,
George A. Sparks, Warren Shrine,
Marvin Dayton. Henry Rowland and
Hyrum Esterholt, associated togeth-
er in an unincorporated company or
association under the name of the
Dingle Horse Importing Company. .
to pay my bill for the feed and care of
said stallion amounting to seven hun
bred dollars. together with seventy
five dollars attorneys fees, and costs
of sale.
Dated Nov. 1st, 1917.
JOHN H. SPARKS,
Dingle, Idaho.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
Blackfoot, Idaho, List No. O29902.
NOTICE FOR PUBLICATION.

United States Land Office, Black
foot, Idaho, Nov. 13, 1917.
Notice is hereby given that John
d. Noblitt, whose post Office address is
Cokeville, Lincoln County, Wyoming,
legal assignee of William H. Payne
Of Camas, Clarke County. Washing
ton, has this the Sth day OF November
1917 filed in this Office application to
select under the provisions of the
Act of Congress approved July list,
1898 go Stat. 597. 500 the follow
ing described lands:
Commencing at the North quarter
corner of Section 27, Township Is So.
Range 46 East Boise Meridian, thence
North two miles to the North quarter
corner of Section Is as recently sur
'veyed upon the ground the place OF
beginning, thence North one quarter
of one mile, thence West one quarter
of one mile, thence South one quarter
of one mile, thence East one quarter
of one mile to the place of beginning
containing 40 acres, which tract
when surveyed will be described as
the SEA of the SWA Section 10
Township IS So, Range as East, B
M. Also, commencing at the North
east corner of Section 81 Township
10 So, Range 46 East B. M, thence
North one half OF one mile to the East
quarter corner of Section % as re.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
10000 CARS REQUIRED
TO MOVE POTATO CROP

Fairfax Harrison, chairman Of the
Railroads War Board, announced
the following: The railroads are now
moving what promises to be the big
gest potato crop in the history of the
country. This crop, which it is esti-
mated will total approximately 49,
100000 bushels, or half again as
much as last year, has been on sthe
way since the middle of September.
The movement of it will continue unL
til about April /, next year. Reports
received by the commission on car
service indicate that even with in
tensive loading more than 10000
cars will be needed to handle the po-
tato crop.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
(17O2) Blackfoot So, List No. 0298s2
Notice for Publication.

United States Land Office, Black
foot, Idaho, Nov. 2, 1917.
Notice is hereby given that the
Northern Pacific Railway Company,
whose postoffice address is st. Paul,
Minnesota, has this I'd day of Novem-
Der, 1917, filed in this Office it's appli-
cation 30 select under the provisions
of the act OF Congress, approved July
l, 1898 go Stat. SGT, 62O.) Com
mencing at the Government quarter
post on the north side of Sec. 81,
Twp. Is s., r. 46 East, Boise Meridi-
an, running thence north one mile to
the Government quarter post now es-
tablished in the field located at the
southeast corner of the SW u of Sec.
15, in Twp. Is s., r. 46 East, B. M,
at monument No. /, which is the
point of beginning; running thence
west one quarter of mile to monu-
ment No. 2; thence north one mile to
monument No. 3; thence east one
quarter of mile to the quarter sec
ton corner post located at the north
east corner of the NWA of said Sec.
Is, as the same is now located and es-
tablished in the field, at monument
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-11-23
NOTICE FOR PUBLICATION
11-16-5t

Department of the Interior, U. 8.
land office at Blackfoot, Idaho.
October 5, 1917.
Notice is hereby given that
Harvey B. Perkins. of Montpelier,
Idaho, who on April 90, 1915. made
homestead entry No. 017a5S, scr
SWASEA, NEA SWA. NWM Sc
", SWA NEA, section IL, township
13 south, range A east, BoiSe mcrid-
ian, has filed notice of intention tc
to make three-ysar proof to establish
claim to the land above described,
before M. B. Cherry, u. 8. Commits
sioner at his office in Montpelier,
Idaho, on the Gath day of November
1917.
Claimant names as witnesses Jas.
w. Mcdonald, John A. Perkins, Hays
H. MCGUIRE, Robert L. Robson, all
of Montpelier, Idaho.
1O-12-6 ]. T. CARRUTH, Register