davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
Many Factors Serve
To Affect Unusually
Weak Stock Market

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l,,,,I,,. ,.,",',I ,"ll,.. 'o"Ur-''"" '''
MR.. ,,,uul-tt.. -'r"u 'i'"' l~'i""'''''
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r,,,~r- ~ ,,'t" r''I ''"' "''''''
Ir,h,-,,IrI~ .u"irr"rur". '"rI.'7 "'"'
nIhcr share" which, '"'''I'l"" ~" Wv"
"r ihn Lniit Iu'u"G'r WV" ""hl"''"' y.
,nn-Inut ri""ru'" ~ "r''""" '"'''''
81 ." 10 r"i't" l"'hl"''" "''''
,rnIu bore ~" hrr"' ~ ~" l''I"''"''''
h,, u., ,tn.b rrllIup "a .I"niuIr ""h 'h''
,,IL ~, ttuIird TInI"n E,""l - ~ '''
IN uuInrn nnd rI"ned With II" '""'"''"l
I~."N"IF
Tuhn."". ahipuinR- "nh ""'""'"'
mills dInrIn,rh underlying nti"rr'h l"''
failed tn nItrnrI mo-" Il'nu p"tnInH 10
,.,nri Iu,crI,n"ut rnIi" w'r" ""'F
temporarily rIimrini-l lay TIA" I"'"'
~I,I.u,nni 81 Ihn lutCTntnl" '"'"'"''''
,"n,n,Innl"u whI'h r"u"'l"h l"'r" ""'"'
,n .uruIurn Tho crop r"p"ri, 'n""'h
"A, tin, uunI hn,,, nnai.,"d i"l"w "'r'''"
,tur. Ia II, ur,In. T"I"i n"i"n az "t'" ."
,uu,t,utItI !" Ghn ubn ~h"i""
TI.,. o"- ,It'i" d''"""d I"' "r''"'"
~, Iun.r. I.''I II"'' '"'''''1 80" W.
r,.."hI"r ~" Frn'."i" 80" 'h' wv" W." '
: ',nn.IInn m"I"n "nh fl"" 40" ~" ''""
.",IIn' "I'"
r.r,i,to 81 r"Ih - i"I"" $50" ''"""
-, ,r., h.I.I .."nc"Il"" ""'i i"''"''
ti,.,,..,,, 81 ,I", ,n.r"I T.. t'I'"I" "'"i
s,.".,I, N,",'I'" r"'" ""'l"' ""r'''"''''"
,r.Ih.LI.. Ia, r"I,,.."I ,.'"'Iiti'' 49,"
4, ,,.,..I Ir ih". i'rnrr'l", i""" 81 lh"
i,,.I ,rn,h,I i,Ii"''i ! ! -" "r"'"
,,,.,,J Tram n - nnEI i"'". ""i""
,,,., ,..i,,., "r,,,p"I,L ! a'"n""
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
Butter, E.gg. and Cheese

.I-r TuItI, Suu a.. Iiu'i"t UI"l
I rrnn,rr, hIrh~I ihnW r-ir"- l" '"
aI. -, ,'I"mtu"r,. $50" ~ n'"''
inI INST Inn Ir'"ndh ~ tH
- =
Tgnr nrn f'rh u"ih"I"h 'sir"r -
u - ,rIrn nr~I dH1 90, mats hhH Ih'
nu,undr IlH th'. Hiut" Innu"}l'""'"
aud nearby hrnn"rY ~hilna nno Ia fancy
All ahoi Ihsto tnnn"Ylr"nlG and nearby
llauunIs lI""nh ~ n ih".
ih-orr nrn. nla+ nsnh Hr"'lAIH
~ ln'ir. Ia n'cInFc Iun - n - ! >.
l.irn poultry nim. -" pri'ch quoted
jrnanhh nIn1. i'hirkruL iHTa 20 tn"lh 10
q th,. IurkaNh lhna -"
r'I",r Unbalanced
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

~ Irirui- wiz" /" A u, MurInu u -"
"!MW tbittt huV n IA" ~" rtI'."
n .iun r,"nruiu hrtIuni'int"d by Ito pro"
i,i"ni rcrI,,r'iu ~"n III" 'hI"r t""-"I f"I
thr late .lrnIInun "r"'Ir,,'.'I iriT" Ir'I'''
Ii"nr. All lniuuIIlnI ITuI"r uuiI"ird ln
ia" h"'lIniuE In'.N"Iu',uI With tho !N""l
nhur"n. oau"'lnllv IhrIhl"h"Iu iiiocl ~
r"pIrtrrlnH iho lnTE"rt Depreciation In
Iiuni I"nr from WnrLInRi"u TIN rnrI
Tow dnyn NJ" IuIord HIpr"nIlv" thni ia"
Irir" n,inH Program T." h" promulgated
, wIll pr"hnhly 10 n"rr fnr. reaching lu
ltn effect on tho future earning power
IL mnuy luilusIrInl Cnirrprir"r. md nat.
uInlly 10 'unf"Im I" til" pTurp~rIr ur
|"Ttniiod "nrulnKr. tho nhnrrr Of tho
! rnIulIunl"n Inu'I affected nro rr~nIinRly
dIunIlnH ihrm-rIvrr Ia thu new prom
pc"IIv" '"uhlii"nr Thla lr0'"nr wnr
most prominent IN Imdny'H hrnliuHs AMI
II In uult" nppuTrnt that ruILnrT Nntivr
Iutrrrntn at" nat fnN"T"hly impIrascd
with ia" TutuIo niiIl"nh Ia respect Ia
Ihn porn."urn"Y at mccarthy ralu"n, 0hl.c.
'i"lIY tiI"no "f Ii,r iutuniIlhl nhnIrn
Ih'I"f"Io. u In quite IIuI,nhlo that -
I"nutnpti"iI 81 il'n iI,uIhi"iInn nuv.Iu.uI
VIII lat ~iinuhnrd uulcnn al ,nrI,n, dc
, '"l"I"""nin az m'r" '"mnIiu"iitu -.
depreciation 81" Iis'I''n"h
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
TICKER TALK

uy I,I,nI" Nh" !" ln"''" '
,,,.,, I,,,, rn,u i'nlI.,l i'irnI Ni'r'"
......,,, maternal ito. INJECT I"ruI"r
.,n",tr,Iv II'I'l'"l 81 ". I'"' ''"'
.f,,,..l ,tn.L rn Inhl" i'ri""'l'"t 10
a.. -,n.k ,r"'Ii Nn""r' ~
cam T. i'n-'" hl"lnr Thp""F W.
,,,,I ,.trn .II,l,1"nh 81 W """'" i"'
,n,,. ~ ,.Iii'l','' !" 'I""''"T'V wv W. wv
>, .,,,. -n,rr IiI"u months
,., 1T, IL"n,ir 49, t"lhn H'P'"""''
, j., ,,..t ,.,,id huru"l ~
t,.w I"n"r rn,n! t"rl'' """"' N ~
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

PurnIah.d ~" inI~IIp ~ II
n..t,u l. 80 m-nIIuiS H"- I"I" hf"nh
IG.,h.ns. Nali"n.I nshh ~ "ss' WI
.I,I. L,,IIiiua Wh..iins w ". l."hIs
4 iII.uI nIune1sI
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
Standard Oil Subs,dinry Stock

WttHHI.IfiI " Ia" 40, II mr.
rh'"l-h-h IL" '"'~tng ""''.r iy III
tee, 49, r. =" ,.IsI,,I~,- Etc. In.l, uIur.L
a. "iI-"a- ft.iI"u-i n-nL - -.t W,
ti"l- h"iidi"s Wh~-Iins w v. Load.
J. h's"h '"-"ss.s
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

NIIrFi.I..! " W., Nnn ". -
Formulated Ii. lui-hiY "'""' w W
5000. a "a, ,,,,,nt,-ts El~- T"h Hl""h
H.. .h.nuo firII"usl Hr"h 81 """' W.
,IuJ. hnIthIna Vh..iI"G. w, v" i'""'s
l., ii, ,,I
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
PITTSBURGH STOCKS

WIiIT.IITl'I " VI .'ut % era
pu, nI"I,.h H. tut.IIis hp 4 IN
Nast-u N - ',a,',i'-- Tow fuih Ili"''L
h,,h.nu. IriI",rI n.ui 81 West VI,
RIUl. h'tlIhI"s. Wh--iiuS " "" I"ul-
- ,,I
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
BOSTON COPPER STOCKS

UIIII.I.. .'.. N So 'Nr y ~
rutnInIDh "a" Iu'"IIis" "'"' hY
kI..ir, - u.,,tI.",G TIA" i"'" I''"'u
. L.ur. .uIt,,,,.I Ii"uI ~ west WI
TOT. .Idi,. Is L"-I,"u ". - l""'s
ni"'.,I ,',"u"a-t
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
PETROLEUM

an .rITN D.. NuB ..' i"dI' h"l
,u,,,. ,I.Iu riuh hu as nf"I"h" a..
.i4 nhiununIn al .BSi ~,st"8. tils
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
S'27 so IS FAIR
Pic IRON PRICE.
uTrI tnun I'nnINIlItiIi innil "lfh
nIETI hcHilr - INV
,IGI 7 nttN.'

IhIrtu ptiI, hsnr ~ t.nv"'uu'ru' ~ ~
| u U-auuupbl" N"ai" 5'rd luIuahY
UIlniIld Fi"nu"I
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

This Is n letter from Mr.. Mnrsfnll. one OF Ohc"Ro
leading b,lsineUn men. who became htochholo'' "'
'"''''s"''' May H. 1917
M f. FARRAND.
Cure Hoffman Oh T. Refining Corporation.
Chicago Ill
This In to uivao That May End m"do Trip l"
Iouslon Tosna 10, Tho puIp"no Of looking INT" mo
norln OF Tho r,op"nlli"n "1orod /" 'nvoHl"H II" "o
Huffman on H. HeInng Cooperation. Win V'"" "'
nuohunlnr nnn,o slnok In Hai company. pi"V'"""
found fnoln a rIoaoned by tho lll"'"t"" Z" mi"
company
lnrnoc,oi tho vn,inun h"lhingu 81 tho company.
uo,y Tho oil volln both IN Humble Diniot md tho
t.nonu (Iroch nricl nIH" Tho fe'n"Y. "h'"" I'll"
oommny 10 building nmtl which Hh"ud judge Ia about
hnIr completed. and which both Mr. i'"hm"" nh" III"
Superintendent OF Continuation olA"n Will b" com
plotrd within 90 dayn. that in. tn" frat unit
ne pcrnnnnlly novnrn mon VIII" wnr" Hl"o'''"'"''n
in both tho Hoffman Oil n Refining Corporation and
nono Of othor Companion TINT wore ofghh'k"" ny
Mr. HnrmAn and hud mn opportunity OF verifying VA"
utnlomunn published In hin literature nH l" Tho pI"l"
which llrnn men derived from thor hoIdinRn
nrIoro mailing tho trip will admit Tint w"H
nomowhnl nhoplcnl To tho nrgo pr"lilH Tint w"r"
claimed huvr been mndo md WAN being mndn In on
but will nnlo frankly that am thoroughly convince"
tiut lhoao nlntemonla not exaggerated
| found MI. Hoffman To bn II man of sterling quail
tlon and he imptrnnod nti"nAly with lh" i""l
that hu highly Gupulo of managing thin Company
in II that will m"l'o largo pr"nlH 1" til" Ht""h
hnldurn
Tho,o Ia doubt In my mind Tint tho p"nnihlilion
Of making money In OH with II ko MI Hoffman
at Tho head NJ '"mpnnY roally hny"nd oompioh"n
MON md | benlon, for thin uompnnY gr"ntoI auoocm
lhnn any company that hnn boon launched In
liounion Dintrlt
Worry truly yourn.
A. II MhHIIiAII.
Mr. /. Iiummol poIHpnnI representation will
BIO In your city for nov"ra duY tono wishing lilNrn
turo or would To nnrn further tnlnia regarding
tho Hoffman OH t. Refining Corporation will be nblc to
roo Mr. Hummr my tmo during tho day ovoninR.
romumbor 1t coats you nothing to find out who and wnt
n. n. HOFF MAN d COMPANY
Communicate with Mr. Hummol ut tho
WndSor Hotel.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
LOCAL STOCKS

uUTIII@T '. Ave n w.
u.", .II"n 81 ia. wheeling "'"-s -
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

Knivns mero nrAt used IN Unklana
In ihhD, :
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

NIITI.I.Il,tI. " E" Auut
ru,nIsh~i Ihs iui.tIIu "i.,-si l.l III
~ .-i-o n -. ,n.i,,ts,. II"- r"'h Hi"'h
NJ ,hsnS. -. Ii"usI nsuh 81 V-st VIZ
ll"i~ hutIhi"s Wh--ii"u w w i'""l"
\ n-n.i "-"-s-'
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09
INVESTIGATION

This Is n letter from Mr.. Mnrshnil' ono OF Oi'"Ho
,dinr busineun men who became stockhodor hl'ot
inyest CATION. , COZ,
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-09

! 80 iIII,It
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
AUTOMOBILES
AUTOMOBILES

FOR SALE
Five passenger underslung Regal
touring car. Price 90
Seven-passenger. Studebaker, modern
equipment. Price ........... $3.50. 90
One ton Jeffery truck. 1915 model,
fully equipped. Price .....$290.O0
One Ford touri4 car. Good condition.
Price ......... .$2S5.O0
One Auto-car chassis, remains Of fire.
Originally cost $1.S50.0O Price.
sS5O.OO
One Overland, model 10. roadster chas-
sis and body. Price. .......$10O.0 90
Large assortment of Tire Chains a
little under the regular price.
ANDREW REDMOND,
Third and Reilly Streets.
Bell 21SS. Dial 1916.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
FOR SALE-MIsCELLANEOUs

HERE are few extraordinary
bargains for any one in the printing
business " no can make use OF them:
l Dannieis Planer.
l Saw and Trimmer.
| Daniels Steam Trap.
1 one-qt. Detroit Lubricator.
l one-pt. Detroit Lubricator.
2 Four-wheel Trucks.
2 Two-wheel Trucks.
/ OIL Filterer.
Gas Metal Pot.
l Hickok Ruling Machine.
2 Model l LinOtypes.
IL you can use any of the above,
drop in to see US; The question OF
price and terms can be easily ar
ranged. ,
The TELEGRAPH PRINTING CO
Printing, Binding, Designing. I'hoto-
Engraving. Die Stamping and
Plate Printing,
Harrisburg. Pa.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

PROPOSAL FOR BUILDING BRIDGE
OFFICE OF BOARD OF COMMIS-
SIONERS OF PUBLIC GROUNDS
AND BUILDINGS, STATE CAPITOL
BUILDING, HARRISBURG, PA
SEALED PROPOSALS will be re-
ceived by the superintendent of Pub
lie Grounds and Buildings at his office
in the Capitol Building. Harrisburg,
Pa, until o'clock P, NJ, Tuesday, De-
cember IL, 1917, for furnishing an
la Dor and materials to build bridge at
Nelson, Nelson Township, TioEa
County. Pa, as indicated fully in the
plans and specifications prepared by
G.. A. Fink. Consulting Engineer for
the Board of Commissioners of Public
Grounds and Buildings of the Com
monwealth of Pennsylvania.
Plans specifications and biddinp
blanks will be furnished prospective
bidders by applying to the Superin-
tendent of Public Grounds and Build
tngs. Capitol Building. Harrisburg. Pa
Proposals must be mar'.ed PRO
POSAL NELSON BRIDGE" on outside
cover.
GEORGE A. SHREINER.
superintendent.
l.. w. MITCHELL,
Secretary.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

NOTICE - Letters Testamentary on
the Estate of Thomas NJ. Jones. late
of Harrisburg, Dauphin County, Pa.
deceased having been granted to the
undersigned residing in Harrisburg
Pa, all persons indebted to said EsS
tate are requested to make Immediate
payment, and those having claims viii
present them for settlement
MABEL CRONISE JONES.
EXecutrix
los Locust Street.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

NOTICE - Letters of Admnistra-
tion on the Estate of Oscar V. Beigh
late of Harrisburg, Pa, Dauphin
County, Pa, deceased, having been
granted TO the undersigned residing
in Liverpool, Pa, all persons Indebted
to said Estate are requested to make
Immediate payment and those hav-
ing claims will present them for set
tlement.
ANNIE w. BEIGH,
Administrators
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
NOTICE or ApM1NIsTRArIoN

NOTICE OF ADMINISTRATION
LETTERS OF ADMINISTRATION
Jacob III. Stouffer, of Lower Paxton
Township, Dauphin County, Pa, de-
ceased, to Martha A. Stouffer, residing
In said township, to whom all persons
who are indebted to said estate are re-
qrested to make payment, and all per-
sons having any legal claim against
or demand upon said estate. shall make
the same known without further de-
lay.
MARTHA A. STOUFFER,
Administrators,
Harrisburg r. f. D., No. ..
l. B. SWARTZ,
Attorney -at-Law,
10S North Second ST.
Harrisburg, Pa.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

EXPERIENCED STENOGRAPHER
Wishes typewriting to do at home
Will come and take dictation, if de-
sired Cali Bell phone 2519W.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

FOR SALE - At Kralltown Hall p.
o.. York County, Pa. brick house
blacksmith shop and other outbuild-
ings. Price attractive. A. c. SMead,
Eighth Floor, Union Trust Bldg. Har-
risburg, Pa.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

SPECIAL in Motorcycle and Auto
Tires-2Sx2 b. b. tires, $500; 32x4
Smooth Tread, $1,000; SSx4 Smooth
Tread, $4,000; 33x4 Safety Tread,
S21.00; 34x4 Smooth Tread. $21.50;
34x4 Safety Tread, $22.50; 35x4M
smooth Tread. S2L50; S5x4h Safety
Tread $4,000; 35x5 Smooth Tread,
$S1.50; 35x5 Safety Tread. $500. This
place is under new management. Come
and see us for Real Bargains. Dayton
Cycle Co, 9l2 North Third street.
Dial 1890.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

| PROPOSALS FOR SCHOOL BUILDING
SEALED PROPOSALS will be re-
ceived by the Board Of School Direc-
tors of the School District of the City
of Harrisburg, Pa, until Friday, De-
cember 81, 1917, at $3.50 o'clock p. M,
for the erection and construction of
an addition 70 the Camp Curtin school
building and the remodeling of the
present building at the corner of Sixth
and Woodbine Streets, in said City,
and also for the plumbing, heating
and ventilation and electric wiring OF
said building, in accordance with the
plans and specifications prepared by
Mr. NJ. l. Kast Architect.
Plans and specifications can be seen
at the office of the Architect, Room
403. Commonwealth Trust Building,
Harrisburg, Pa, on and after We'd
nesday, November 2S, 1917.
Such proposals will lie received and
considered only upon the terms and
conditions as set forth in the specifi-
cations AID to be properly marked
and directed to the undersigned.
The right to reject any or all bids
| is hereby reserved.
! By order of the Board,
ID. d. HAMMELBAUGH
Secretary.
No. 121-123 Chestnut Street,
Harrisburg. Pa.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

PUBLIC NOTICE is hereby given by
the Steelton Mutual Fire Insurance
Company that its annual election for
seven directors will be held in Room
II. of the Steelton Trust Co, Building,
between the hours of l and p. NJ,
January 5. 1918.
c. HESS,
Secretary.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
MOTORCYCLEs AND BICYCLES
ANNOUNCEMENT

ANNOUNCEMENT
THIS will inform the public and my
customers that have discontinued my
connections with the Dayton Cycle
Co, 912 North Third Street. l am now
centrally located at 107 Market Street.
and will be equipped to give better
service than heretofore. All repair
men that have been with me the past
summer will continue with me. l hope
to have your patronage as before, and
win endeavor to give the best service
in the city.
C. A. SPRINKLE,
Cycle and Auto Supply Co..
107 Market st. Bell 1851.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

WANTED - A half-grown girl
wants position between school hours.
Call at 649 Calder street.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

FOR SALE
Magnetoes all makes Bosch,
Dixie, Eisemann, Splitdorff. Different
makes of carburetors. switches, coils.
starters. generators. Cut prices.
A. SCHIFFMAN,
Bell phone 3633 1921 Market ST.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
LEGAL NOTICES
NOTICE

NOTICE
The annual meeting of the East
Harrisburg Cemetery Company for the
election of six directors will be held
at the office of the company at the
cemetery on Tuesday. the Sth day of
January, 1918, between the hours of
and 2 p NJ.
(Signed) ]. A. MILLER.
Secretary.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10
SITUATIONS wANTED-FemaIe

| WANTED Young widow wishes
! position as housekeeper; has had
| eight years experience; can furnish
| best of references. Address W., 6735,
care of Telegraph.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-10

FOR SALE - Country store prop
erty - 1Oh acres productive land =
improved with 10-room house with
storeroom connected, barn, poultry
house and large garage. General stock
of merchandise can be purchased with
the property. Located 21 miles from
Harrisburg on State Highway, 6 miles
from r. II. station. Property priced
at SO. I50 Address Box 2S. Carlisle, for
further. particulars.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18

in the narrow, hostile, critical policy
that is pursued, and on the other hand
/ there seems to be no escape from it.
The New York Central company has
been offering a small issue Of new
stock at par, but of course it is not TAX
en-, for the old stock can be bought in
the open market at par. The Southern
and Erie companies. both important
systems, have abandoned attempts to
negotiate bonds on satisfactory bas-
is and resorted to short-time notes,
hoping for better bond market later.
The public is interested in fndustrials
rather than railway issues. Mean
while the country is outgrowing its
railway facilities every day. If the at
titude of the public authorities toward
the railroads is criticized they retail
late with more criticism of railroad
management, but this does not in
crease the railway mileage or enlarge
the terminals.
The situation seems to offer a cru
cial test Of the practicability Of public
supervision over private investments.
No doubt, the public is willing to do
what it is convinced is fair, but the
task of convin cling it does not appeal
to the average investor. It seems to
be impossible to present the vital
facts in such manner that"they make
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18

an impression, and so the situation
drifts. 1t may drift to government
ownership from sheer inability to pro-
vide the funds for expansion other
wise. That railway service under gov
eminent management will be more
costly and less progressive than under
private management nobody familiar
with industrial operations under the
government will doubt. The history
of the introduction of power printing
presses into the government printing
establishments, the existing legisla-
ton against efficiency methods in gov
eminent shops, and the annual appro-
priations for rivers and public build
ings are indicative of the degree ofef-
ficiency that might be expected in rail
way operations and in expenditures
for extensions and new facilities. The
government is constitUtionally better
qualified to supervise the management
of others than to operate railroads on
its own account, and when it has COM
plete power of supervision there is no
sound public reason why it should own
the roads. Moreover, if it lacks the
practical touch to make a success OF
supervision, it is not likel- to make
real success of management.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18
RAILWAY SITUATION.
Offers a Crucial Test Of Practicability
Of Public Supervision Over i.
Private Investment.

National City Bank, New York, ne
view: The railway companies are
moving promptly to the presentation
before the interstate commerce COM
mission of their claims for higher
rates to compensate them for the
higher wages which are required by
the Adamson law and to meet the rap
id increase in other operating costs.
The railways had a year OF good earn
ings in 1916, but the situation has
been turning rapidly against them, as
everybody who understood their pre-
has known it must do after
gross earnings had reached the limit.
The roads entered this period of pros
peritv with a considerable amount or
on hand and contracted 1or
The increasing volume of business up
to caracity made the earnings good
and the offsetting expenses at nrst
we're mparatively small. NOW that
all expenses are on the prosperity
basis the situation is very different.
Coal is costing from 35 to 100 per cent
more all equipment is from so to 100
per cent higher. and the entire run or
and materials is up according
". Now comes the increased cost OF
operating under the Adamson law, and
higher wages for the other
classes of employees.
The entire railway situation Is I'M
The cost to the country
If the freight congestion and delays
Of the last two years have been far
more than the cost of an adequate SER
vice would be. There is no economy
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18

wage earning population, as is best
reflected by deposits in savings
banks; the large majority of savings
bank depositOrs are Wage-earners.
Keeping in mind that there are about
20,000,000 families in the United
States, we are confronted with the
stupendous fact that in 1915 there
were nearly 100000 savings bank
depositors in the United States, with
savings aggregating more than $5,-
600 900, 100000, more than $4,000 per
depositor. In the same year Massa
chusetts savings bank depositors
numbered 2,349,207, credited with
over 1929, 900, 100000, nearly $4,000
each. In Lynn, Mass, a predomi
natingIy industrial community of
about 10000 people, there were de-
posted in the Lynn Institutions for
Savings and in the Lynn Five Cents
Savings bank, over 14,000,000.00 to
the credit of 46,356 depositors,
rainy day" fund averaging about
100000 each, available for sickness
or for any other emergency. In the
same year, in the savings banks of
Worcester, Mass, there were over
$53, 900, 100000 deposited to the credit
OF l23 ,1S5 persons, an average of
over $4,000 each. In the same year
in the state of New York there were
deposited in the savings banks of
six industrial cities, Auburn, Bing-
hamton, Rochester, Schenectady,
Syracuse, and Utica, with a popula-
ton Of 656,O0O, $14S, 0o0,O0OO0 to the
credit of 353,436 depositors, or about
$4,000 each. In addition, postal saw
ings deposits on March l, 1917,
amounted to s121, OoO, 100000, another
thrift system patronized mostly by
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18
PERSONALS.

John A. McElroy Of the New YORK
Stock Exchange, is in the city for q
short visit with relatives.
Mrs. Harry Pierson and son, OF
Rochester, n. Y, are the guest OF
Mrs. Persons mother, Mrs. George
Hill
Mrs. c. H. Cook and daughter,
Miriam, of Salem, were guests yes
terday and today of relatives in
Hamilton and Keokuk.
Miss Bertha Horn has returned aft
er spending the winter in the south
Mr. and Mrs Geo. w. Happs return
ed to st. Louis yesterday after a
short visit in Keokuk.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-18
wage earnerS.

wage earnerS.
And what shall be said of build
ing and loan stockholders, largely
enterprising wage earners, to the
number of 3.335,OOO in the United
States, with holdings of nearly ST.
1856, 900, 100000 in 1915. And of mutual
benefit associations in their many
forms, numbering within their mem
bership over 100000 persons with
$4,000, 900, 100000 sickness and life
insurance in force? These do not
include industrial and other estab-
lishment associations, numbering
over 100000 members eight years
ago. and growing at a tremendous
rate ever since, nor sickness and
death benefit funds now becoming
more and more common among labor
unions.