davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

outside of the Pennsylvania there was
very little momentum in railroad shares.
ana the announcement Of 25 per cent
freight rate increase for few commodi-
ties for Western Trunk line carriers
had no apparent effect on prices. al
though some holders of these issues
were of the opinion that the concession
by IN" Interstate Commerce Commission
showed which way the wind was blow
ing lfhiEh Valley. on a small trans
action, lost goOd-sizcd fraction, Buf-
RAJ" avd SuSquehanna was up a half.
West Jersey and Scashorc was un-
changed and Reading lost fraction.
steel common. the usual leader. Jagged
all day ana was lower, losing "a to SS
ON heavy selling just before the close
only a small amount of trading oC-
CURED in Liberty Bonds, with the ma
J"ritN Of sales at Yesterdays closing
prices.
The report of q trnings of tho Girard
trust company for the present fiscal
year. which is 10 be presented To the
Stockholders at the annual meeting on
Monday, December r.. will be the best
that Cd institution has ever offered, Il
said. While officials Of the company
viii not make public the figures previous
to the meeting, ii Is understood that the
net earnings for the year ended Novem-
her 80 Wcr" approximately 81 per cent
OF the S2.50".u00 capital stock. an in
rr'aS" OF about 10 per cent over those
"t tn" previous year. For the year
ended November % ;Hi6, the net earn
u.gs were $l,2si13l. or between IL and
l. per cent on the capital stock
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
FAILURES DECREASE
Last Months Insolvency Record
Proves Underlying Strength
of Business

Another months insolvency record em-
phasizes the underlying strength of busl-
ness and commercial failures in the
United States for the year TO d tie dis
close a numerical reduction of 10, per
cent and contraction OF G per cent in
amount from the relatively light NOR
tality Of 1916.
As reported to r. q. Dun & Co, the
November defaults. 9si. are the small
est in number. excepting the 963 re-
verses of September, this year. of any
month back to September, 1911. and fall
below those OF November of all years
since 1909
Comparing with last year there ap-
nears decrease OF 270, or more than
90 per cent. and from the high point
for the period. 1915 insolvences in No
vember. 1914. there is a similar difference
Of s34 failures, or fully 45 per cent.
Moreover. last months liabilities of
s13,635.6O5 while larger than in October.
September and May and April of this
year. are less than in any November
back to 1910, though the Improvement
over the figures of a year ago is only
about 100000. But when comp lrson
Is made with November. 1914, a decline
Of nearly SO per cent Is shown.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
Development in .MOtOrtruck Field

The the last days in of the motors has to do with
the majority
heretofore have depended
that will
a the variety
experience of business inter
u hauling have aided in
auhoraNey that several
Of
method manufacture OF trucks
the
requirements increased
thoroughly understood by
Will have to lie qucKened
to wells
2G0o0ooo barrels year in excess
o likely the war lasts
the mdcontnenta
however Oklahoma
Gushing field this
Kansas that the
will be
tho oupu in
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
COTTON PRICES FALL
ON FREE SELLING
Unloading on Larger Scale
Continued and Market Suf-
fcrs Further Sharp Losses
y lIW YORK, Dec. =

NlNs 1'llSIN, IpCC. !.
I'ul,,di,,, ,r ,.,,t-,,, an . r,,, ,,,,,o
WIS continued '"h"E ana the market
suffered further sharp losses. The pres
sure was greatest after. tho rublication
,r ,r, t,....i.,...,... ........,.. II -.
S'''''' ''''''"S'' '"e "''eh-
I'l' "i IN" trade being attracted to that
portion of the document referring, IN
further r,pplo+in, Of uri,oe
a.,
-'''''N i''" 'I' ""H'h indicated an
unsettled spot situation and brokers
around tho ring were waiting for some
signs as 10 how the South would take
the drop in contracts.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
FOREIGN EXCHANGE

NEW YORK. Dec. i.--Thc feature OF
the foreign exchange market again to-
day was lire The general market was
disposed to dullness and a rather nom
inal tone. Business was very moderate.
Quotations were:
Demand sterling i75is, cables
4.76 7-l6. sixty day bills nominally
4,71h @4,71la, ninety-day bills :.69ia q
4.69ia.
Franc cables .7l1a, checks 5.735s.
Lire cable ZOE, checks 7.y3
Swiss cables 4.27, checks 4.30
Guilder cables A.. checks 43ia.
Ruble cables 1874. checks l3.
Stockholm cables 37n, checks 36ai,
Christiania cables BAN, checks "a.
Copenhagen cables "a, checks 33A.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
NEW YORK COFFEE MARKET

NEW YORK, Dec 4.-The market for
coffee futures opened quiet. unchanged
to points higher The market during
the morning was easier, after yester-
days sharp advance just before the
close, but sentiment was nervous and
values easily influenced by orders either
way.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
Granulated Sugar Unchanged

NEW YORK, Dec. 4.-Refined sugars
are unchanged, with the American and
National companies quoting S.35c. The
Pennsylvania, Federal and the Warner
companies and Arbuckle Brothers con-
tinue withdrawn. Raw sugars unchanged
at g. gOC
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
NONEY-LENDING RATES

NEW NORk-Money on call opened
at per cent; high. q low. 3, last. .;
closed 3m 3ia ruling rate, 3la per cent
Unchanged conditions as TO dullnosS
and rates are reported in the money mar.
ket. The tone is fully as easy as at this
time In years before the war
Rates on all industrials are 5ia a "a
per cent for periods up to February and
March Of next year, and good mixed
loans, which are even more inactive, are
quoted ut 3 u m5is per cent. In prlm"
mercantile paper. the volume is small
and rates are nominal!y the same as for
collateral loans on industrials
Prime bank acccptances, outside Of the
descriptions handled by the New York
Federal Reserve Bank are on a light
scale of activity and rates are un-
changed.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
Extra by Hercules Powder Company

WILMINGTON, Del. Dec 4.-The
Hercules Powder Company has declared
the regular quarterly dividend Of per
cent and an extra dividend of per
cent on the common stock payable De-
cember "a TO stock OF record December
Is. Previous extra dividends have been
per cent quarterly.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
DIVIDENDS DECLARED

Tobacco Products Corporation. regular
quarterly OF IA per cent on preferred. pay
able January TO stock Of record Decem-
Todd Shipyards Corporation, regular quar-
terry Of 81 10 a share. payable December 20
United Dyewoods Company, regular quar-
terly Of ~ per cent on preferred and Ia
per cent on common. Preferred is payable
January . To stock OF record December ~.
Common Is payable December 81 to stock
OF record December IA.
Bingham Mines Company. q dividend OF
so cents share, payable January ! 70
stock OF record December 20,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

PRESIDENTS MESSAGE CAUSES
BRISK BUYING OF RAILROADS
Promised Address on Carrier Problem Taken
to Indicate Favor for Higher Rates-Mar-
ket Declines After Rally
High Points in TOddy's Financial NeUs

Presidents caused brk rairoad
NcU YORK ErchdHgc,
redb DalncSs ruid
Lire
cInrcd special
oil adrancd Bar strcr unchanged
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
INACTIVE PHILA. STOCKS

Following are quotations for inactive
stocks listed on the Philadelphia Stock
Exchange and IN which there were no
transactions today. The price given is
the lAEt nrnNinuE Clnsn.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
NEW YORK BUTTER AND EGGS

NEW YORK, Dec. 4--RTTTER-R"-
ccipts S4GI tubs. Market steady to firm
Quotations unchanged.
EGGS-lcccipts. 535i cases. 80 changes.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

Total sales. 500. 500 shares, compared with
26;. 200 shares yesterdays thus far this week.
S?i 200 sharesi same period last week. i52.-
600 shlrrs.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
r9 91nESsfnY MEaRhFs cfsrrrItlTfs EThs 81 >Tks r.

tifcates of Indebtedness dated September II.
1917, and maturing December Is, 1917. is
hereby called for redemption en- December
=. 1917. at par and accrued interest. pur-
suant to the provision for such rcdnmpton
contained in the certificates. on December
o. 1917. interest on all certificates OF said
sefies will cease TO accrue
The series OF S4O0. 600, 600 Treasury Co.
tifdates of Indebtedness dated September go
18Th, and maturing December II. 1911. Is
herkby called for redemption on December
IL 1911, at par and accrued interest. pur-
ant to the provision for such redemption
6ntained In the certificates on D"ccinb--
III, 1917. interest on all certificates OF said
serfea will cease 20 accrue.
B The. Series Of Treasury Certificates Gf In
debtedness dated October "a 1917, and ma
furins December Is. 1917. will not bc re-
1eemed before maturity. but will be paid on
WILLIAM g. McADOO
Secretary Of the Treasury.
Z November %. 1917
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
Extrs By Morris & Essex

NV YORK, Dec. 4.-Morris & Essex
~ <GGH1arod the regular ssmiannual di.
~ AZ PER cent and the extra Of
~ eont payable January ? to
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
BANK CLEARINGS
Financial Briefs

The annual meeting OF the stockhold-
ers of the Girard Trust Company will
be held Monday, December II, at l2
o'clock. when an election will be held
for five managers to serve for a term
of four years,
T. A. Aikens has associated himself
with the local office of the National
City Company.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

THE FOLLOWING PERSONS are hereby
= notifed to pay UP their storage charges or
goods will be sold on December 20 1917. At
10 .. m. Franck's Auction. 800 y. "a 81
w. r. Hoffman. Loretta Sohlergh. Mr.. Good.
fellow. Florence Gregory. G. J. Bradshaw
Helen McCuen.
: Berger's Storage Co. office 52i3 Market
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
LEGAL ADVERTISEMENTS

u-sS1=. ESTATE OF DIR. JOSEPH VI. NAL
BR ATESTA, deceased-Letters tcsta.
,nentary on the above estate having been
granted to THE PROyIDENT LIFE AND
TRUST COMPANY OF PHILADELPHIA.
ailSpersons Indebted to the said estate are
requested to make payment. and those hay.
ing claims to present the game, without
delay at the offce of the said Company
400 Chestnut ST.. Philadelphia.
ASA = WING.
President.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

PHILADELPHIA-Call, 3 per cent.
time, sass per cent Commercial pa
per. three TO four months, 54 m5i2 per
cent six months 5ia a SO. per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

Total sales. 3.63t 900, compared with
u. 2Oi. .09O yrstertny: thus far this week, &c.
I3S, 900, same period last week. S3,i32 .OC9.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04
GOVERNMENT BONDS
Paris BOurse Steady

PARIS. Dec. 4. = The Bourse was
steady today.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

, 'bN u''ldehd-Hew lorK ar ltake' o.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-12-04

Total -alcs, S?;.750, compared With SIS o0H
NcstrrdtN; thus far this week, SS3. $50; same
pcriOd la-t week. S2N, 200
Smyrna times., 1917-09-12
TO SURVEY ROADS IN SUSSEX
MARYLAND Man to Do Important Work
Incident to Spending S 100000

William Dorsey Somervell, who
was recently chosen as head of the
survey work to be done in Sussex
County, assumed his duties Tuesday.
Mr.. Somervell for three years has
been connected with the state roads
commission of Maryland and for a
time was employed by the B and o.
railroad company. He is a graduate
of St. Johns College and a few
months ago was spoken of as county
engineer of Sussex county. His duties
in Georgetwon will be to attend to all
of the surveying of the roads and the
bridge work. His selection to at
tend to this line of work will be of
great assistance to County Engineer
w. E. Hawkins, who since he was
chosen to the Office has attended to
this line of work.
Mr.. Somervell comes to Sussex
county highly recommended and is
regarded as one of the best surveyors
on road work on the Peninsula.
When the Levy Court and County
Highway Commission fully decides
when the 81. 900, 900 is to be spent
for the permanent improvement of
the roads of Sussex county. Mr..
Somervell will become chief of all
the survey work in connection with
the permanent improvements to be
made as we'll as the regular county
work. The Levy Court at a meeting
last Tuesday afternoon authorized the
purchase Of another automobile. The
one now in use will be at the disposal
of the chief surveyor and the new one
will be used by Engineer Hawkins.
Smyrna times., 1917-09-12
ENGAGEMENT ANNOUNCED
Miss Madeline Kaiser to Marry DR..
Robert Emmett Price

Miss Madeline Kaiser to Marry DR..
Robert Emmett Price
At tea given at the home of
Colonel Robert G. Houston, of George
town. last Tuesday, Miss Madeline
Kaiser, daughter of John F. Kaiser,
foreman of engineers and firemen on
that branch of the P, b. and w. rail-
road and for years connected with the
car shops in Wilmington, announced
her engagement to DIR. Robert En-
NETT Price of Wilmington.
The bride. to-be is graduate of the
Peabody Conservatory of Music. Bal
timore. She has host of friends
throughout lower Delaware. The date
of the wedding has not been set.
Miss Kaiser for many years lived in
Wilmington. She is a sister of John
Kaiser. Jr., a crack trapshooter of
that'city, and Ray Kaiser and Miss Jean
Kaiser, also of Wilmington.
Smyrna times., 1917-09-12
KENT COUNTY LEVY COURT

To Advertise for Bonds for Road Work
COLLECTIONS by County Officers
At the monthly meeting Of the
Kent county levy court last Tuesday
the officers reported the following
collections during the month of Au-
gust Clerk of the Peace S. S. Sarde,
$19. 90 prothonotary, D. M. Ridgely,
$72. 04; register in chancery, ].
Thomas Lowe, $62. 2.55; register of
wills, Ernest B. Raughley, $247. ST;
recorder of deeds. W. R. Peters,
$459. as; sheriff, Frank vanSant,
$15. rs. The clerk of the peace was
authorized to advertise for $40, 900
additional road work bonds.a County
Engineer Scott submitted his report
showing work during the month and
recommending additional work during
the remaining months the weather
will permit.
Smyrna times., 1917-09-12
Offer to Visit Poultry Raisers
FARM HOUSE BURNED
Belonged to Henry Russell, Who Lived
Near Head of Christiana

belonged 10 F7enrY RUSSELL Who Lived
Near Head of Christiana
The home of Henry Russell, on his
farm near Head of Christiana Church,
was totally destroyed by fire Wednes-
day. The cause of the fire is unknown,
although it is supposed to have been
started by sparks from the chimney.
Mr.. Russell was away at the time and
his son was working in field some
distance from the house. Only Mrs.
Russell was in the house. A tele-
phone call was sent to the Newark
firemen and Charles w. Strahorn, ac-
companied by number of fremen,
drove the automobile engine to the
scene. The blaze had gained too
much headway to save the building,
but the fremen kept the flames from
spreading to other buildings. All of
the furniture, clothes, other contents
of the house were saved. except what
was on the third floor. The loss is
about So, 900, partly covered by in
surance. The house was an old log
building, but had been remodeled. It
stood on the bounday line, part in
Maryland and part in Delaware.
Smyrna times., 1917-09-12
LETTER FROM JOSEPH E. WELLS
Former SmYrnian Shows His Interest
in Enlisted Men at Camp Dix, N. j.

in Enlisted Men at Camp Dix, N. j.
Mr.. R. D. Hoffecker, Editor Times.
Smyrna, Del.-Dear Sir: l would
like to have the names of any Smyrna
boys who are at Camp Dix, Wrights-
town, N. ]. am Superintendent of
Golf Club at Browns Mills. five miles
from the camp, and may be able TO
be of some help to our boys. Our
place is one of the favorite pleasure
resorts for officers and privates, and
am pleased to say l have been able
to furnish some amusements. and auto
trips for some of the New York and
New Jersey boys. They will MT
have me in the army. but like all true
Americans, I am trying to do my
"bit" in other ways, and it will be
great pleasure to me ii l can assist
in ''hoVering" any of the "Blue
Hens Chickens who are so far away
from their ''roosts. The boys
here are well cared for, and the usual
bull-dozing of the regular army offic-
ers is conspicuous by its absence. |
am frequently in business contact
with many of the officers including
Capt. John Wanamaker, Jr., and they
are an exceptionally fine lot of men.
Young John, with his wife, maid,
valet, chauffeur, and two very expen-
sive cars. are boarding at the famous
old Pig'n Whistle Inn. in Browns
Mills-cost about $500. 90 per week,
but despite all his wealth and lux
uries, he is true blue. serious Amer
lean officer. 1t is a strange coinci-
dent that the long practice gun range
OF Camp Dix, in 1917, should include
the famous old Hanover Furnace,
where, in 1776, arms and ammunition
were manufactured to be used against
the English. Thanking you in sd-
vance for information concerning our
boys, l am, very truly, J. E. Wells,
| Browns Mills, N. j.
Smyrna times., 1917-09-12
CLOSE OF CANTELOUPE SEASON
Three Hundred Cars Left Two Stations
Tomatoes Cheaper. Peaches Plentiful

- omatoeS Oneaper, er,FeaCneS FlenuIui
The canteloupe season ended Thurs
day, lasting longer this year than
usual on account of the excessive rains
earlier in the season. The prices
ranged from 20 cents to SIPS per
standard crate and from $1.25 to
So. 25 per jumbo carrier. The farm
ers claim that there was good profit
in cantaloupes. if there had been a
good crop, but the yield was far be-
low the average although about 300
cars have heen shipped from Seaford
and Cannon. The buyers were chiefly
]. A. Morgan Co., Huston. Darbee &
Miller Co., Hardesty, Eskeridge and
Johns. W. F. Allen and w. K. Nor
gan who bought the majority of cars
there.
Tomatoes are still dropping in price
as has been the case for a week. At
the beginning of the season they
brought as high as 70 cents a basket
but the farmers are only receiving
between 25 and As cents for them
now and those who contracted for 80
cents seem to have as good a chance
for clear money on their tomatoes as
those who did not contract if the
price keeps on dropping since toma-
toes brought about 18 and 20 cents a
basket last year.
The peach crop around Seaford is
the largest known in recent years, the
farmers there shipping about 1000
baskets day for the past two weeks
with prices ranging from 20 to 45
cents basket. Good profits will be
realized. The Sunnyside Orchard
Company has about 20 acres planted
in peach trees, and this being the Sec
ond year in bearing the crop is quite
heavy and the owners will reap fair
profit.
Many of the farmers are selling
their tomatoes on condition that they
get the seed from them in return &c
as to be sure that they get good seed.
Smyrna times., 1917-09-12
FLOUR AND BREAD, THEIR
RELATION TO ONE ANOTHER
BREAD SHOULD COME DOWN IN
PRICE ACCORDING TO FLOUR
Figures Deducted Show How Standard
Weight of Wheat and How the
Hoover Price Works Out

Hoover Price Works Out
The cost of a one-poUnd loaf of
bread depends, of course, upon the
price the small bakeries have to pay
for their -four. At present the price
of bakers patent -four to jobbers at
seaboard points is $10.65 per barrel
and, with jobbers' profits added, it
should cost small bakers and retailers
about $11 per barrel. Any possible
reduction from the figure would be
measurable by the concession which
millers could make from their present
prices in consequence of the standard
ization by the Government of the price
of wheat. The millers have agreed
to hold their profits at 25 cents bar
rel. The question, therefore, is the
cost of producing flour from No. 1
grade wheat of the standard value of
So. 20 bushel at Chicago, the differ
entails of two or three cents per
bushel in favor of St. Louis, Duluth,
Minneapolis or other distributing
points being omitted from the calcu-
lation, to leave a margin of safety.
The standard weight for a bushel
of wheat is 60 pounds. In the pro-
cess of making the grain into flour
about 25 per cent. is milled out. The
net weight per bushel of the wheat
convertible into -four is therefore, as
pounds. A barrel of -four of standard
weight contains 1876 pounds, so that
a trif1e over 4 1-3 bushels, net weight,
of wheat would be required to make a
barrel of flour. At 81. 20 per bushel
this would cost the miller So 55. The
cost of operation and handling, includ-
ing the material for the barrel and
cooperage and overhead expenses.
would have to be sdded. These
charges, together with the millers'
profit of 25 cents per barrel would
easily bring the price up to $40 at
the mill
According to Mr.. Hoover, the price
of patent flour to small bakers at sea-
board cities should be between $40. 35
and sl1. 25, and on the basis of the
foregoing ejaculation the figure first
mentioned would be the minimum.
There remains to be considered, how
ever. the 25 per cent. of the whole
wheat which is milled out. This bran
and gluten is not waste. On the con.
trary, it is a valuable fodder. The
1-3 bushels of wheat required for
a barrel of -four yield also rs pounds
of cattle or poultry feed. The price
at which this has been sold recently
is $50 per ton. or Ii cents a pound.
If the price should be reduced to one
cent a pound the miller would gel
with every barrel of -four ground rs
cents worth of feed. At $40 pei
barrel the agreed profit of 25 cent:
would be increased to 81 if the pro-
ceeds from the sales of the by-product
should be added. If this is a correct
deduction $40 IS should be the max
imum rather than the minimum price
for patent -four, even for the small
bakeries which are compelled to buy
through johbers.
Smyrna times., 1917-09-12
MORE PAY FOR ROAD WORK
Sussex County Prisoners Get Ten
Cents More For Food

Realizing that it is necessary to
give the prisoners who work on the
county roads more substantial food
that they may do their work prop
erly. the Sussex County Levy Court
Commissioners at their meeting last
Tuesday afternoon granted an addi-
tional allowance of ten cents per day
for each day the convicts are worked
on the roads, making the additional
amount over and above the regular al
lowance of twenty cents.
At the present time the prisoners
are engaged in bushing ont many Of
the roads in that county which have
been allowed to grow up. Former
Sheriff Jacob West has been chosen
guard over them.