davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09
Monday, July 9, 1917

In the face Of a charp falling off
in the volume of business on the
Stock Exchange, due partly to the
holiday, prices moved sharply down
ward at times, and although at the
close of the period there was ten
dency toward recovery the net result
Of the weeks operations in the stock
market was a long list of declines,
running from point to 10 points in
few instances. AS a rule the
industrial issues which contributed
the great bulk Of activity took the
largest losses. Studebaker Corpora
ton shares, which were heavily sold
throughout the week, lost 9 points
net or a turnover Ct approximately
100000 shares. Bethlehem Steel B
lost points, American Express
1872 points, New York Airbrake 7,
Gulf States Steel 4, and United
States Steel 3 points. The latter Is
sue on dealings of $4,000 shares
moved within a range Of 1905 to
1851, leaving off at 1868. Rail-
way shares, while not so active as the
industrials, were under pressure dur
ing the early part Of the week as a
result of the decision of the Inter
state Commerce Commission in the
rate case, and some of the leading
issues of this group sold at prices
not much above the low record levels
of the year. Chicago, Milwaukee &
ST. Paul at esq sold at the lowest
price in more than twenty years,
showing a net loss for the week of
AZ points. New York Central at
S65S was only fraction above It's
lew for the year and compared with
high this year of 1034s.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

IN. T., N. II. & H. interest. SOLE.
Despite the falling off in net for
May, the New Haven for the five
months Of the calendar year has piled
up surplus of s77O,47S, a gain of
s5sO,5os over ths corresponding period
OF 1916. Gross earnings have increased
from s3l'4oS,7lO to ;33,745,623.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09
May Income of
New Haven Less
Than Year Ago
Gain in Gross Revenues Not
Equal to Increase in
Expenses

In line with reports made by other
Eastern railroads, covering operations
for the month of May, the New York.
New Haven & Hartford shows a sub.
stantial falling off in net earnings
compared with year ago. OF the sep
arately operated companies only one.
the New York, Ontario & Western. re .
ports an increase in both gross and net
over May, 1916.
Gross revenues of the New Haver
for May increased S472,3s9, the total
for the month being S7,33S,6l7. Ope.
rating expenses and taxes, however.
jumped from s4,665,646 to S5,26s.814.
leaving a railway operating income OF
S2,069,S03, decrease of sI3O,7sO. Other
income brought the aggregate net IN
to S2,243, 024, from which was deducted
Sl,s40,S66 in interest. rentals, etc. The
final surplus was s4O2,157, against
s592,5l5 in May, 1916. Following is a
summary showing the net corporate in
come of the New Haven, Central New
England Railway and other separately
operated companies for May, compared
with the corresponding month a year
ago:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

Curiously enough, the decline in
the stock market last week conceded
with a decline in money rates.
Normally easier money might be ex-
pected to stimulate buying of stocks.
Call money at the exchange got
down to 8 per cent and lower TO-
ward the end Of the week, compared
with an average rate of 6 per cent
during the preceding fortnight.
Time loan rates also moved lower,
while commercial paper, which had
been steadily quoted at 5la per
cent, dropped to per cent as the
banks began TO buy. Several factors
entered into the situation to bring
about the easing tendency in money.
Steady arrivals of gold from Canada
on British account were important.
Since the first of June total imports
Of the metal have amounted to
Sl27, 100000. Putting into opera
ton the new amendments to the
Federal Reserve act also helped
matters in the money market, as the
reduction in reserve requirements
from Is to 10 per cent Of the men,
Der banks at this centre resulted in
an increase in the surplus of the
Clearing House banks last week Of
approximately sll2,O0O,OO0. On top
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

Last month forty-four companies
with an authorized capital stock Of
$72,625,000 were organized in the
United States for the development of
oil and gas properties, according to
the compilation Of "The Journal of
Commerce" This compares with a
total of S70,3SO,000 for sixty-eight
companies in May. 1t is apparent
that if anything like the present
ratio of capitalization is maintained
the billion mark in capital stock au-
thorized for oil and gas companies
since the beginning Of the war will
be passed in the next two or three
months. The figure now stands at
SS93,981 900, representing the capt.
talization authorized for TAB COM
panies since the outbreak Of hos,
tilities. Of this amount 1855, 465,00
represents the capital stock Of the
200 companies organized in the first
six months of this year, monthly
average of s59,244,166. The total is
nearly 40 per cent Of the aggregate
for the war period to date, and COM
pares with figure Of S308,S74,000
for the first six months Of 1916 and
with s31, $4,000 for the correspond
ing period of 1915. The monthly
average for 1916 was S34,97S,S33
and for 1915 S6,711,OS3. The total
for June has been exceeded only
twice during the war period. In
February, 1916, the figure was
$l63,915,000 and in February of this
year it was S82,S35,OOO. The fol-
loving table shows the development
of oil and gas companies during the
war:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

ordinary banking operations of the
week brought the total increase in
excess reserves to sl73,0OO,OOO. The
surplus reserves of the Clearing
House banks at the end of the week
totalled S27s,OOO,0O0, the largest in
the history of the local association.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

The British America Nickel Corpora
ton, Limited, was incorporated in Can
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-09

Wall Street professed to be disap-
pointed over the decision Of the In
terstate Commerce Commission in
the rate case, and sold stocks for the
fall as a result. But a canvass Of
opinion in the financial district dur
ing the week indicated that there
were few persons who did not be-
lieve that the railroads had after
all received something substantial,
which, with all the war economies
that are being put into operation,
will go long way toward offsetting
the rise in operating expenses. 1t
will take some time, of course, be-
fore it can be definitely known Just
how much the increase in rates
granted to the Eastern roads will
mean in dollars and cents to these
particular lines. That it will help a
great deal is even admitted by the
railway companies. Almost equally
important to the railroads will be
the elimination of costly trains and
the more effective operation of the
freight service. Here again it will
take time to determine the full effect
of the new policy.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
HOOVER PLEDGE CAMPAIGN IN
THIS STATE.

President Wilson, in letter to Mr..
Hoover, federal food administrator, at
Washington, ID. c., reQuestd the post
ponement of the Hoover food cam
paign for one week. This delay was
asked because of the Liberty Loan
campaign, and Mr. Hoover promptly
accepted the week of October % to
November 5, when the pledge drive"
will occur.
81 shall be glad" President Wilson
wrote to Mr.. Hoover, ''if you would
convey to all of your staff my feelings
of the prime importance of their plans
and their work. wish particularly to
express my great appreciation of the
services which this additional tax on
their time will impose upon the many
thousand volunteers who have already
deferred their own concerns to public
interest in this important work"
Charles Hebberd. of Spokane, fed
eral food administrator for this state.
has completed his plans for the cam
pain in the state Of Washington. There
will be preliminary drive" by the
school children. Each school in the
state will be supplied with pledge
cards" to be distributed among the
school children. The children will take
these cards to their homes and secure
signatures. 1t is expected that rs per
cent of the signatures in this state will
be obtained in this way. This campaign
in the schools will be conducted OH the
original dates, October II to 23. The
general canvas by the county councils
Of defense will be held during October
23 to November 5, postponement of
one week as requested by President
Wilson. Administrator Hebberd's plans
provide for a personal visit either
the schools or the county
councils of defense of every household
in the state
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
COUNCIL MEETING.

Minutes OF tile regular meeting of
October Is, 1917.
Present, Mayor Beale, Councilmcn
Friis, Smith and Starrett.
Minutes of the previous meeting
read and approved as read.
Letter from Public Service Commits
sion to Town Attorney was read and
the attorney was instructed to answer
the same asking that the hearing in
regard to railroad crossing be held as
soon as possible and that it be held at
Oroville If possible.
The matter of application of fran
chise of the Okanogan Valley Power
company, coming on for third and
final reading of the ordinance, the or
dinance was read and Mr.. Enloe ap-
peared for the company objecting to
some changes that had been made af-
ter discussion in the matter the clerk
was instructed to make the following
insertions and changes in Section 2,
provided that no poles be placed or
maintained on Main street north of the
railroad right of way within the fire
limits, and that no poles be placed nor
maintained on Fourth street south of
the railroad right of way within the
fire limits" in section 9. that "The per-
iod of years be twenty-five years pro-
vided that new plant is completed at
the site of the present plant within a
period of four years." After these
changes motion was made by Council
man Sterrett seconded by Councilman
Smith that the ordinance be passed
and approved. Yeas, Starrett, Smith
and Friis. Noes, None.
The bill of Okanogan county for
$4,000 being one half of the cost OF
replanking the Similkameen river
bridge was read and on motion was
ordered paid.
On motion council adjourned
E. R. HOOSE, Clerk.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
ANENT TAX LEVIES.

The county commissioners have de-
termined the tax levies to be applied
to each school district in the county,
which in round numbers will raise
about $40S, 100000 to care for the state
and county taxes during the year 1918.
The average levy throughout the coun-
ty will be 4S mills, or trifle less
than five per cent basis of the total
assessed valuation.
Assessor Knosher reports that he
has just received word from the state
board of equalization that OkanOgan
county's ratio was advanced two
tenths per cent, which is equivalent to
a saving this year of approximately
$1,700 Had the ratio remained the
same as last year the county would
have been called upon to contribute
that amount more toward state ex-
penses. Mr.. Knosher also states that
only two counties received an advance
in ratio for this year, viz: Okanogan
and Pierce the latter with it's county
seat at Tacoma. Last year Mr.. Knosher
succeeded in inducing the board to
grant an increase in the ratio of four
tenths per cent An advance in the ra-
ito means higher rating as among the
various counties in the state; hence,
the higher or more favorable the ratio
the less in proportion does the county
contribute toward state expenses.
Below is a brief and condensed illus
tration of how the taxes to be raised
vii lbe spent:
For state and county schools, ap-
proximately AZ per cent, or about
$17O,OOO.OO.
] For state and county roads, approx
imately II per cent. or about $71 400
For county current expenses, ap'
proximately 16 per cent or about
$65. 10000
Court house salaries are included
| in the above; current expenses fol
officials. deputies, commissioners
Judge. etc, approximating 9h pei
| cent?
For redemption of old Indebtedness
approximately $43,0O0.00.
For county road and bridge fund
| approximately $30,500.oo.
For state capitol building construc
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
THE FIRST OF THE SERIES.

Next Monday evening the first enter
tainment of the Redpath Lyceum Blu
reau series, arranged for during the
winter season of 1918 by Geo. Bar
tell. will take place in the Orpheum.
This entertainment will be made up
of select and character readings, in
strumental and vocal numbers, pre-
scented by the Means-Anderson COM
pany made up of trio of charming
and accomplished young ladies. VINO
come highly recommended by press
and clubs throughout the country. The
company includes Miss Edna Means
who is said to be a master or the art
Of elocution, and as a public reader
has few equals. Miss Eva Anderson
who is a wizard with the violin and
most delightful vocalist, Miss Hiida
Rradv. an accomplished pianist ana
also possessing a highly cultivated
voice This combination of artists
nromises one of the most pleasing and
ref;ned entertainments ever given IN
Oroville. and no one who enjoys that
class of performance can aiioro "
miss this.
AIyceum course. where the attrac-
tions presented are worth while, ana
that is the only kind that the origlhai
founder of the Lyceum, James heu-
nath. sends out, is most dellghtiu'
source of pleasure to community
during the long winter months anu
this effort on the part of Mr.. barte'i
70 supply Oroville with such attrac-
+;ons should be literally encouraged
for a large sum must be guaranteed III
order TO secure a lyceum course All
those who had the pleasure OF attend
ing the Lyceum course last winter
will surely take advantage OF this op.
nortunity to enjoy a repetition OF
those high class entertainments tne
coming season. Secure season tamilS
tickets and take advantage OF the 10"
price.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
A LIGHT HARVEST.

Thfeshing is about over on Elleme-
N and Palmer mountains, and the
~ Of grain is not such as is goir%
enake the farmers millionaires this
ineoa. W. o. Steele has had his
o1eshing outfit laid up for the past
no weeks, and during the short time
NJ be was out he threshed at 80
inches. This gives an idea of how
litle work the machines had to dc.
nooably Mr.. Steele had about as
NAVY . yield of wheat as any ranch
= the mountains, and his grain aver
aled not over 10 bushels, when it
mould have yielded between 80 and
= bushels. The Naggy brothers are
mll out with their machine. The har-
~ this year is very disappointing,
Mth 10 hardly probable that the same
clmaic conditions will exist another
vsk With good crops next season
Mnlers will recoup all losses of the
Nseeat season, as 50 wheat will r""-
- next year, for the government
70 announced. With that prospect
sight every acre possible should be
e~n to grain.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
THREE CENT POSTAGE.

Postmaster Battles received notice
from the postal department this morn
ing telling of the increase in postal
rates. effective November 2.
In accord with the war revenue Dill
postage shall be paid at the rate of 3
cents an ounce or fraction thereof on
letters and other first class mail ex-
cept drop letters, that is, letters mail
ed for delivery from the office at
which they have been posted, includ-
ing those for delivery by city, rural or
other carrier of said office, are requir-
ed to have postage paid on them at the
rate of cents an ounce or fraction
thereof.
Postal cards are required to be pre-
paid two cents and therefore the one
cent postal cards must have a one cent
stamp affixed in addition to the one
cent stamp imprinted on such cards.
Post cards, private mailing cards
bearing written messages must have
two cents postage prepaid on them.
This new letter postage increase Is
effective November 2.-Wenatchee
World.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
FARMERS LOAN BOARD.

y. n. Lawrence, J. S. Thorp and
tsu Mock, members of the board of
pa'sers of the Chesaw National
Nm Loan association, were visitors
'own for a few hours Friday last.
.ee Cnesaw board has been very ac
s'e snce organization examining into
phcatons for farm loans under the
"eFnment system, and their mission
~ this way was to examine prop
y upon which an application for
. mad been filed. There are quite
.'aoer . Of farmers in the Chesaw dis
49, 49, VINO have been paying heavy in
on loans, and are taking ad-
image Of most liberal government
= secure money on long time at a
~ au rate of interest with which to
~ \, 'ne old debts. These people should
~ pear In mind that should the pres
- war 60 in favor of the Central
.S"ers this country would have to
'a every resource to dig up in
smalties, in which case farm loans
NJ. u oe impossible More reason
~. a ever to stick by Uncle Sam and
=, every assistance possible for the
i. ,eSstui carrying out of the war. If
!. ~ cannot enlist, the help can come
=. investing in Liberty Loan bonds,
=. "niie you are buying these you
.aying away money on a safe in
'''ment for rainy day.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
SUNDAY SCHOOL SOCIAL.

The members of the Presbyterian
Sunday school will hold a social at the
church tomorrow Saturday after
noon, to which everybody is cordially
invited to attend. One Of the chief
features of amusement will be FISH
pool" where all can and will be en-
pected to, angle at so much per, and
as the fish in the pool will be well
worth catching the sport should he
very popular. The hour for casting the
hook will be $3.50. Supper will be serv-
ed at $50. There will also be candy
booth, where home made sweets can
be obtained. A social good time is as
sured for all who attend.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19

Saturday Geo. l. Cole purchased a
Ford car from the Bowen Ford Agency
which he expected to drive down into
Whitman county, where he is to make
his future home.
Mr.. and Mrs. Walter Cloud, of To-
nasket, accompanied by their children
and a lady friend, passed through
town Sunday in Mr.. Clouds car on
trip to Pentiction.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19
tiOn, approximately $4,000.
For all other purposes, approx
mately $25,0OO.OO.
Town levies, as made by town coun-
ellis, for the eight incorporated NUM-
cipalities in Okanogan county:
FRUITFUL SOIL.

Pshaw, the man that cultivates land
and cannot get ahead under the West
Okanogan Valley Irrigation system
could not get along where dollars
grow on trees, if there were such a
place. Effort and knowing how to do
it is all that is required to win out
on the adjacent irrigated lands. FRI
day last, Geo. |. Cole exhibited draft
for $19325 which represented the re-
turns on single acre of potatoes.
Any one who thinks he ought to do
better than that growing anything for
market is entitled to private quarters
in the silly house.
j. w. Carroll is another land owner
under the irrigation system who dem
onstrated this season that there is
money to be made out of Okanogan ir-
rigated land if one only takes the
trouble to scratch the ground, put in
the seed and turn on the moisture oc-
casionally. He planted quarter of an
acre to pie pumpkins and Hubbard
squash, and besides what he used, and
a residue on hand of about 100 pounds
he sold $65 worth of the MELONS.
Now what do you think of that? A crop
that requires no attention, other than
the preparation of the ground and
seeding, to yield at the rate of $3.50
per acre. All the valley people have to
do, judging from the returns coming
in, is to plant stuff and grow rich, or
at least get along comfortably. These
instances of large yields are great
for Okanogan valley
lands under the ditch, and should Gre
ate demand for that character of
land. Moreover, it shows that there is
a way to make the land pay even
where the cost of installing the sys-
tenn is twice what it has been.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19

DR.. d. H. Lewis reports the follow
toned in this issue for the week;
Francis Fripp, eight year old, of Grand
Forks, B. c., operated on for appendi-
citis. Mrs Swain. operated on for gan
creme of appendix A young daughter
of Mr.. Francisco, of Havillah, operat-
ed on for adenoids and enlarged ton
sils Infant son of Mr.. Figersham, OF
Tonasket, in the hospital with cholera
infantum and is very low. He reports
the Oroville General hospital is full tc
overflowing, which emphasizes the ne.
cessity of enlarged quarters.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19

Joe E. Tall, who has held a clerk
ship with F. V. Covert for several
months, left for Spokane Thursday for
the purpose of enlisting in the army.
Mr.. Tails choice is the heavy artillery
as he wishes to get into the regular
army, feeling that there is more GER
tainty of his getting into France, and
in actual service, by joining the regu-
lars. This is not sudden decision on
the part of Mr.. Tall. He has had the
move in contemplation for some time,
and only waited until Mr.. Covert could
secure clerk to take his place. Mr..
Tall is quiet, unassuming young gen
tleman, but his uniform courtesy in
the store, and his genial ways among
those with whom he became better
acquainted, has made him large
number of sincere friends in Oroville,
all of whom admire his spirit, a spirit
of pure patriotism, and most sincerely
trust that he will pass through the
service safely and win laurels under
the flag.
The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1917-10-19

A covered platform has been extend
ed from the warehouse over which E.
J. Waldorf presides to the side track,
which is not only greater conven-
ience for loading but supplies a much
larger storage space.
George Stoltz, the movie man" of
Oroville was here Tuesday making ar
rangements for putting on the Spoil
ers" for Manager Bergstrum on Sun
day, October 21st.-Molson Leader.