davidaulloa/AmericanStories huggingface dataset:
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1917-09-05

FaTGWeiiS hN the score were Sstlt
to Mr.. and Mrs. Hal Bishop TO-DAY
who left on No II for Portland from
where they viii go To Juneau. Alas
ka, to make their permanent home
Mr.. Bishop having accepted posi-
ton in the F. NJ. Behrends store
there. Both Mt. and Mrs. Bishop
have a wide circ of friends in Pen
dleton who greatly regret their de,
parture
Completely surprising the youns
honoree a crowd of intimate school
friends Of Miss The,ma Thompson
swooped down on her at home last
evening and enjoyed a delightful ev-
ening in celebration Of her birthday.
The party numbered about % young
folk who have gone through high
school together
Preparations for the coming school
days are occupying the time of many
OF the girls of the younger set who
are planning to attend various schools
and colleges this fall Among the
number who will go to eastern
schools are Miss Vera Temple ami
Miss Jane Murphy who expect TO
leave the middle Of the month for
Ward Belmont, a fashionable board
ing school at Nashville, Tenn.
Miss Beth Smith is planning To
leave shortly for Chicago where she
will study kindergarten work this
winter
Nrs TasSia Sb71l+z arrives this M ar
ming from Portland for visit with
friends.
Mr.. and Mrs. w. H. Mccormack
have returned to the city from Leh-
man Springs.
Alex Malcolm of Echo is here to-
day
w. H. Barker of Bend is Pendleton
visitor.
A. E Robb is here today from Her
mission.
Frank Downey left last night for
Portland
H. W. Hal Of stanfield was in the
city yesterday.
H. F. Peacock. postal inspector was
M. A Sturdivant was here yester-
day from his home at Pilot Rock
H. M Cutter, proprietor of Hida-
day Springs. is in Pendleton today.
Paul V Maris, state leader in the
county agent work is now in the city.
c. w. Thall, representing the Eyes
of the World" picture is here today.
Bert Wilson. O.-w. R & n. claim
agent, is here today from Portland.
H. NJ. Cockburn, county commits
sioner, is here from his home at Mil
ton.
Clarke Letter, publisher of the La
Grande Observer is Pendleton vis-
itor.
Mrs. w C. Brown of Helix, was
passenger on the morning train from
Helix
Mrs. / L. Temple and children re-
turned yesterday from an outing at
Lehman springs.
l. H. Banfield of Parker & Banfield
the firm erecting the mausoleum at
the cemetery is here today.
J. F. Corbett. assistant superintend-
cnt of this division for the O.-W. R.
& n. is here from La Grande
Mrs Cecil Burgoyne of Lewiston,
and Mrs. Anna Rice Of Heppner were
registered here last evening.
William McMurray. general passen-
ger agent for the O-W. X. & y. Co.
is here today meeting with the
Round-Up board.
Mrs. Ross Beatty of Richmond
Calf. is visiting in Pendleton as the
guest of her mother. Mrs. @. W.
Cham berlain
Lieutenant Marshall Spell returned
TO Clackamas on the train last night
after having spent yesterday visiting
an the city
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1917-09-05
AMERICAS FIRST
34,35O DRAFTED
MEN LEAVE HOME
BY GEORGE MARTIN

NJnlleu 1TeSS SIaII IOTTeSpOnuenlJ
WASHINGTON, Sept. 5.--America' S
first 34.35O drafted men today bade
home goodby and marched away to
war. They went amid the tears and
cheers of millions. Some with the
light of adventure lighting their eyes.
others not so happy.
From every walk of life and from
every nook and Granny in tie nation
they came trooping in carly tod" y
each with his meagre bundle and mis-
vision of France and the fighting
front In cities, towns, hamlets and
villages Eayly bedecked in honor Of
their going they lined up, the first Of
Americas conscript legiOns. at salute
before the local boards which chose
them.
Only vanguard Of Units.
Their procession formed but the
vanguard of a larger which followed
in their wake. Wives, mothers ana
sweethearts. brothers, fathers and
The Washington herald., 1917-07-13
BALTIMORE PRODUCE.

BallmqTc. Nd. July z EiiGS-Narkct firm.
Maryland. PcunSyISauia, and uearby 3 Fasivrn
Shore Maryland and Virginia. e: West -,
ohic'. =; W,st Virginia y: SotjhcTn tNaT'h
CaroaGal trs's, .; Western. fresh. frsts.
coun, cases. q, caudied, s1as.
RtTT s.k-S, rarstcr. ,'Nisas. 5saD. frsts. "a
3: blocks 2 NJ. extras 3P,'C: frsts 57a2s;
dairy prints. Maryland. PFnnsy lrdIia and Yir-
E1na extras Na+. tir,ts. ,. ,tprr-packcd, iIsts.
-, do. W, NIIg MA. fir~Is. =
LtN r fntLTEi-FrCes per pound unlrSs
ofherwise stated Chickens, spfiu- j. to II
pounds, Aai5. do. l..und aud less. e.a.i: do.
old hens 3: do old roos,ers. IIar.: young
white leg!t TUs. has drnks, Young. Muscov
and m0ngrel. l5sIf, 81. yGuu- white Pskius-.
l6ah; do, Indian T"nu5~s. =; d.. ruGi'-
choice. fat. l5a6; pigeons. old. pair. %: d.,
young. y.
NEiEThBLES AND GREEN FRUITS-I'o-
tatoss new. Norfolk AMI Hampton. rS-reI. 6oa
i3; Eastern Shore Virginia. barre. EJa4 ~
York River. No J. barrel. { l0al ): Il ITahan
mock, No. !. b-rrcI. 4oai >. NJ. . > rOa5 v,
ApI los Earlv Harvest fancy, harrtl, Gla7 20
small. bbl.. lrnal .: do 4 hh'. has. 1aI.ga:
asparagus, Maryland and Virginia No. |. Golcu.
l.jOa2OO; No , 'jal y; Leans. Norfolk. green.
basket. UcaL25; native. b,,hel local. =: Kappa
hammock. Is: bectS. Norfolk. hrncll l.12: do,
RaPpahannrCk. lalz; do. native. 2a2.: black
berries. southern nt., I2ali: do. Eastern Shore
Maryland. a., Sai2: ca5baSs. Eastern Shore Vr-
gnia. bbL. Is: do. crate coal -; Norfolk.
hbl. / 25 NNk River. hbl. .25. celery, Florida.
crate. jNa" 80; CautaluupeS, Florida crate.
"oOa2jo C"ru. Raprahaun0ck dOz. I5aD; Gu
Cunbcrs, North Carolina, basket lUoaI "a. do
Virginia. hbl.. 3oOa3N: currants MARYLAND
ard Virginia. OF. l0Gl2; eSglldnts. Florida.
crate. 25OaS co.; gOos hcrr IS. MARY land and Viz
ginia. green. H., :: hucklebsrries. Southern. qt..
The Washington herald., 1917-07-13

the redwood for my tree. They are
the real mOnarchs OF their people.
There were two other stories told
that remembered TO tell you. one was
about the Polynesian Islands where
they marry maidens 10 trees with reg
ular ceremonies. and Just as we we're
completely rapt In interest over the
descriptions OF the ceremonials one OF
the boys: had 20 say:
That wouldn't be the FIRST girl that
married a blockhead." and almost
spoiled the whole story.
The other was the legend Of the pop
lars. that after the Resurrection. the
Roman soldiers hurried through the
gardens along the Brook Kedron.
searching for the Nazarene, and they
asked even the trees II they had seen
Him. The poplar was vain and wanted
to be important. so Il raised It's
branches to heaven like arms unified
and vowed II had seen Him pass that
way. So afterwards il was told that
ever afterwards IL must stand with
uplifted arms in memory Of its false
vow. Isn't that quaint7
Oh. ] do love trees quite as well as
flowers. / wonder why there are not
more planted in eastern cities When
! see the wealth OF them out here in
California. think OF our eastern
towns and wish with all my heart that
We had a lot Of Johnny Appleseeds
who would scatter seed for future
beautys sake.
The Washington herald., 1917-07-13
PHILADELPHIA PRODUCE,

lhhadelphia. July T. Isl rTER-sold fairly
ara iulcd nrm. Tie quotations we're ss
follows: Western solid packed creamery, fancy
sie"'alS. i2; extra, iOaH; extra irsts, 3d. frsts.
~ seconds, 5l3; nearby fancy. 43; average ex.
iras. 4lAi2; hrsts. 59aIO seconds. Tisa3s special
brands OF prints iGbbng at Ra49
EGGS-Dull and weak. The quotations fol
low: Nearby frsts. lO9 per standard case
current receipts. 1850 per case; Western extras,
II % per case; frsts. 1880 per case; fancy select.
ed iresh lobbing at i2Ii3 per dozen.
DRESSED POULTRY Fowls. l2 to box dry.
Ticked. milk fed. fancy. selected. 3: weighing
1 pounds and over apiece. IA; do, 3Ia pounds
apiece. 2: do. POUNDS apiece, ga22; fowls.
In barrels. fancy. dry-pckcd. iced, weighing 4
pounds and over apiece. ~ smaller sizes, 2Isr
old rUCsters. dry pjcxsl Is: 6rUilng chickens
lisa2 pounds ap.ece. Jersey. fancy, 5aiO: Wiz.
ginia. 32a5; other nearby. Iha2 pounds apiece,
25a2s; Western. 5a2s; turkeys, fresh killed. M
Western, hest here. Ga2I; common, 2Oa22: ducks
nearby, spring. TAB
LIVE POUBTRY-F Fowls. as TO quality 2Is23
roosters. l7lls; spring chickens. not Les.
horns. Tlump. yellow skinned, weighing pa.
lbs. sriece 33a56; smaller sizes Ba30; White
Leghorns. 2sa2s Ducks. PeEin. ls: Indian Run.
ncr, l7als
The Washington herald., 1917-07-13

ems per lb.. Sa35; ducks. per h.. l3a3D; geese.
rer ID. lJalJ; Keats. young. each. Ea5.
DRESSED POULTRY Hens. choice. per N ..
Sa2i; spring chickens. 5ia3S par b.; turkeys.
per lh.. 2a5; ducks. per H.. lsa0; roostcTs. per
%, l1als: reec. Ter ID. Ea.j
GREEN tOODS-PutatDs, NV. 4 jldi % Ter
barrel; No. ,. l75a3OO u,r barrel strius beans.
pcr barrel 2cOH2.7j; pcUIsrs. PER crate. -5ai 90;
okro. rer crate. l.cll.5O: raILshes. Ter 10.
50u2 90; c'Cumners. per basket ! p1a'. :: egg
pant 2"d25o per crate; now clb'ass. per
barrel 100; berts, pr bunch, 2i3+z, cele.y
Per dozen. Sal.2j; relcr. T-r crate. 4.00aI %,
ronisIne lettuce. JlJ1J pr basket; lettuce. rcr
basket, 75al j0 SQUASH 5Gal % per crate;
Florida tpma'.r>. 2jOuij0 ler crate: rhu,alb,
Hs2p ~ 10 Punches; asparagus. nearby.
50dl = p"r dozen; spr'ns uui8rs 50l2 % r,r
Im hunchss; uniorS. TrN-s. i'OAI.7j pr crate.
green peas, 20oaLO per barrel; SIinach LA
30 pr harrr. ksle. jOaso per barrel, CON. per
crate. 75GI.j 80.
LIVE SrUCk-Sheep. n sa7: lambs. spring
liaIie: calves, Per n. l3; medium. Tb l2aI2's
common. n. aa'0.
FRUITS -Appi"s new. Ter bbl. . uCa5 D.: per
box. 5Oal %; California oranges. iOOai =;
Florida orauEas, iOolii-: grapefruit. 4U0J5 e.;
lemons. 6.ma7-0O; pines. 30oaiO1: cherries. sll5,
peaches, l.5OaS.OO Per crate; waternelUns 3t5O
each: ntaloupes. i;cuTgia, 75a? IS california.
2upaS . crate: |i7CahSuIeS. sal@I2 per quart
The Washington herald., 1917-07-13
PRESIDENTS Speech
SHOCKS WALL Street
But Trading Receivers When Brok-
ers See Friendly Business Attitude.

(By the International News Service.)
New York, July E-President Will
sons talk on prices gave Wall Street
a shock this morning. but 1t lasted
only a few minutes. Best judgment
was that Mr.. Wilson's attitude was
friendly to big business. This was
ee second thought even OF the trad
srs and they brought their stock
Ack The result was that the mar
Ret as a whole resumed its upward
movement. Some new high-record
prices were made. In the late after
noon. a report that Won Bethmann-
Hollweg had resigned caused a re-
action. The close was irregular.
The big standard issues set the pace
for the day. L. 8. Steel. which was
opened down 2l-2 points. recovered
about all OF this loss and was firm
throughout the session. There was
good buying in the railroad list.
Sales OF liberty bonds below par
makes the public realize that even
In patriotism sound business princi-
pies must be considered. Money is
worth more than 3l-2 per cent, and
thousands OF persons took those
bonds because. in addition to being
patriotic. they had belief that the
next Issue would be at per cent
Or better. Now II is evident the gov
srnment proposes to pay only 31-2 per
cent
The Washington herald., 1917-07-13
AMERICAN WARSHIPS
TO AVOID ARGENTINA
Not Making Courtesy Calls, Officials
in Washington Declare.

The United States feet I'm South
American waters will not visit the
ports OF Argentina unless that re-
public takes action similar to that
Of Brazil and Uruguay. by which
American naval vessels may visit
the ports Of those countries without
being restricted by the rules of neu-
trality
The recent agitation in the press Of
Argentina about the alleged lack of
courtesy on the part of this govern
mcnt, which has sent its fleet to Bra
lillian and GrugUavan waters without
any indication of an intention to visit
Buenos Aires, interested officials here.
but evoked no comment other than
that the American ships are not in
South American waters for courtesy's
sake, but for business.
The Washington herald., 1917-07-13

! wonder IL other people love trees
half as well as ] do. When i was
playing in The Good Little Devil"
we had a fairy tree that was said
to have cost $1,000. ! used to love
the scene IL was used in. II stood
on the left side Of the stage with a
little house opposite. and the fairies
used TO come stealing from II, and
firefiies danced around IL. ] used TO
wish sometimes that such trees were
real and that one could find one In
the forests by hunting.
Then. Just this spring. we were
up In the redwood country taking "A
Romance OF the Redwoods," and 4
never enjoyed myself out Of doors SO
much. II was just exactly like being
in an enchanted forest, all those mar
velous great trees around US. and the
solemn music of the wind as u paced
Up and down those vast aisies.
They say that familiarity gradually
weans one away from that first thrill
and charm of the unusual. but IL was
not so with me. I never got over my
first Wonderment at the redwoods and
their majesty. and often remembered
the old enchanted tree in The Good
Little Devil" for in playing the little
blind girl. i know it never failed to
give me a feeling OF expectancy and
delight
So up among the redwoods We were
talking one day about "treeology." as
somebody named il. and i had never
dreamt there was SO much to 1.-THE
splendid remains Of petrified trees that
give to our age the secrets OF the past
ores. Then Mr.. S.. one OF the as
sistant directors. told the queer old
story of Johnny Appleseed who was
thought insane by the colonists. but
loved and protected by the Indians.
and who went all through the country
as far as he could travel. planting
seeds
Somebody else told OF an old down
east farmer in Vermont who SAID
when he was a boy his father told him
never to start out for a walk without
taking a pocketful of chestnuts or wal
nuts, hickory nuts or acOrns with him,
and every now and then to stoop down
and plant one. lie had one OF the
finest stretches Of timber in the whole
country. by the time he was middle
aged.
Then Mr.. R. asked IL We did not
think the love and witchery Of trees
descended Ia us out OF the dark ages
when the pagans believed in the
mystical tree Ydrasil. ] think he cali
ed il. or Ydragsil. and its leaves were
fun Of healing and there was room in
its branches for all different fowls
aud birds TO nest But best Of all
liked the stories Of the dryads. for
that was more like my own tree IN
Mr.. Belascos p.By. il must have
been delightful TO have been the real
spirit OF a tree all by yourself. and to
have lived right in IL. II could have
had my choice. although ! dearly love
pines. I do think ] should have chosen
The Washington herald., 1917-07-13
PUSS IN BOOTS, Jr.
BY DAVID CORY.
The Sheep and the Miller.

Bran oILn had no 'rp,,srrs tn wear.
SO he bought him shoEIskln aud made him q
PAR,
side in.
My soain,->. it Tickle T.od Brian OLiu.
And then all the sheep began laugh
ing. and so did Puss. jr.. who had
reined in his good gray horse and
stood looking at Brian O'Iin as he
sat on a rock in the sheep pasture.
He weares them wronS-side out. %
said an old ram. Our clothes have
the wool on the outside"
DO you hear that. Mr. Brian
O'Lin." cried Puss. DO YOU hear
what your learned ram says. SIR
Il do" replied Air. OIin. but It's
too late now. ! can; turn my trou-
sers inside out. can -
Il don't know" said Puss. with a
grin: You'll have TO ask your tailor.
he ought to know"
Then all the sheep began laughing.
He was no tailor" said the ram,
Ills old woman made The trousers.
He'd better ask her" Brian O'Lin
made no reply to this. You see his
wife ruled him. as some wives do,
With rod OF iron. and I don't be-
lieve she would make over those trou-
sers even il they tickled Brian "a
death. And guess he knew this,
for he didn't say smother word. hut
flicked OF the top OF a dandelior
with his stick. and then looked across
the field and sighed.
And as he didn't seem anxious %
talk more on the subject. Puss said
gid-ap to his stced and went upon
his wav, and by and nv he came in
sight Of a windmill. whose sails spun
merrily around in the morning
breeze The old mill creaked and
Groancd. and the miller came 10 the
doorway and looked out And when
he saw Puss. ir. astr.ae Of his good
gray horse. he lifted his dusty cap
and said Rood-dav.
The tor o. the morning 10 you. -
cried Puss, ir.. who felt very happy.
lie had a cheerful disposition. which
is wonderful gift. You know the
fairies always give US something
when We are horn. and the fairy who
gave little Puss. ir.. = happy disposl-
tion Is the fairy I like the hest. and
IL ever have a little Ersndchild
hone this fairy will come In through
the window and give him a cheerful
disposition.
"Whither are YOU hound. Sir CatH'
asked the miller. lighting his corncoh
ripe and blowing the smoke into the
clear morning air.
I'm on my way 10 the Castle ~
nv lord Of CarahaS" replied our
little traveller. My father. the Ia
nous Puss in Boots, is Seneschal to
Lord Carahas"
Indeed" exclaimed the miller. ct
have often heard Of your illustrious
father. In fact, I have read a book
about him
so have l." grinned Puss. ir. And
now I hear they are writing hook
about me. I only heard this in Alpha
het Town a day or so ago. But ss
soon as I reach a city. I shall try 70
buY a copy. as IL would please me TO
take one to my father. He is very
fond Of reading" And in the next
story You shall hear of an adventure
which Puss has on the way to the
castle.
The Washington herald., 1917-07-13
COTTON MARKETS.

New York. July II An urper movement in
cotton today was followed by reaction, caused
by moisture III the Southwest. General business
vas not large.
Much lighter rains IN Texas than had been
!o0ked for because of private dispStche. re-
celvcd here late Wednesday caused a general
buying Increment at the opening and prices
were l9o5 points net higher on the call
The early bulge carried the market to . IS
for October. or about S points net higher
The mTket was quiet late in the morning
with prices holding STEADY at a net advance
OF about IS to 20 points. Selling on the farora bic
private figures conditions was checked and there
was some trade buying Of October OH the rally
from 2j. 50 to 3.55 for that position.
Early after private repnrts of further showers
in Texas led to scattered selling but below
60 for October demand seemed TO increase and
the market around O'Clock nIIcd steady in
tcne on the basis Of 5.6l for the October
position.
The Washington herald., 1917-07-13
CHICAGO GRAIN MARKET.

Chicago, July l2-Ch.CaEn received a car ot
NV red wheat and it sold NJ 2T. Kansas
Ncy repOTted the arrival Of six cars Of new
Slcat and s0ns Of the hard varieties soi1
- s. ~ with The sample market 5a5 cents higher
The feature - the wheat market was the
aiE"rTal strength shown in the Northwest
Minneapolis was W o. cents for the July
bElEth showed a Eain q "a certS chicago
tuttHs market prIces were l cent higher
While corn futures were lSWer cash p-7ces
we're higher with 10. ? yellow selling At 81 g
a~d adv lnres were sh0sn of . T. cents At
st L1uis. where white corn odd at SIs. Psorit
iGt Karsas City reported gains Of ? 10 ;
r-rts
Oats was unsettled and irregular with the
rsarby futures r.a4 crnt higher and the de-
ierrsd. &a7s cents lower
The Washington herald., 1917-07-13
Answers to Corespoadent,.

Harriet C.-I am sorry. but cannot
send you a curl Id love TO. bur IL I
sent one to everybody who asks me
for them. I wouldn't have any at all.
May send my love instead? 1 think
you write splendidly for years old.
Leon II. M-Many. many thanks for
the picture. Tel mother I received
the little gift safely. too. and prize il.
You made II all by yourself. didn't
YOU? Write again TO me and tell me
how you liked the new picture. The
Little American"
Genevieve McD.-"Tess Of the Storm
Country" was taken in Los Angeles.
Mrs. c. E.-Tcu Dorothy l have her
picture and the Pomeranian's too, ana
she will hear from me later.
II. B., Nincennes Ave.-Address Miss
TalmadGe care the World Film Co.
W. A. Brady. New York City. The
reason your hair does not grow or lock
glossy IS because YOUR own vitality IN
not quite UP TO par. Take a GOOD
tonic. and try a scalp massage OF olive
on. BoraN is drying 10 the hair.
stimulate the growth by a good mas
SAGE with yogr fnEortips nightly.
Charles D.-Wri;e direct 10 the RED
Cross headquarters for fun informa-
ton. / should think you would qualify
easily.
MARY PICEFORD.
The Washington herald., 1917-07-13

lShlj; MaTlsud and Virginia, at. l2aH: ksle,
n2iI'e, bushel iOx. lja2j: lettuce. Virginia. bas-
kct, Z1a5J; native. hgshel box. l5aa: onions
Texas Bermuda. crate. ltal.2: sTTing. 100
b"nches. 10; rspgan5nnock. basket. sOal 10
do. hhL. 275a3 o.; PEACHES. Southern, crate.
2e12.S, rsls. native, measured bushsl. llOa
10: r.?I~rs, Florida, crate c0oa3.5 80: radishes.
native. white. Ter 10 jOaI 90; long red PER Iu1
-jajo: ra.Ibcrrie-. Eastern Shore red pint.
eaI; dn, at. ilal2: rhubsTh, nearby. 100
l'i'hys. seal 70; spinach. native. lrgshI box
5hci: squasl. native basket. 5Ja4n. Strawberries
Eastern Shore Virginia. qt. lOali: Eastern
shore MaHlani. qt. l'I'2. Anne Arundel. qt..
ilIli; t"n.'pes. Potomac. r.I~. carrier 7Sa2 ~
Grs--I. "agr.- 'pal7J ordinary, carricr 60,
] . M7>-issir'r. crate. l.2-sl.75. wstprmelons
IllI.la ami GeUrgs. pr IOl. 81 nOaG o.
The Washington herald., 1917-07-13
Daniels Asks Big Sum
To Rush War NAVY Work

secretary Daniels yesterday recon-
mendcd TO Congress an urgent de-
hCi"nCN appropr alton of sIsl 90 0Sb.
under the naval emergency fund. 10
speed Up navy building
This provides for additional tor
pedo-boat destroyers. building Of sd-
diUonal submarine Chascrs. purchase
Of small craft needed for patrol
work and to care for the eNpendi-
lures nccessitated by war emergen-
Cies.
In letter 10 Chairman FtzgoraId.
OF the House Appropriations COM
mittee, SccretarN Daniels ravs this
is the only fund available from
which ships not specifically appro-
pTiateG for may he provided
The Washington herald., 1917-07-13
In the World of Finance and Trade
POTOMAC ELECTRIC
LEADS STOCK SALES
Washington Loan and Trust Com
pany Pays Quarterly Dividend.

With the exception of a transaction
in Potomac Electric first mortgage 5s
block of 5000 face value selling at
lOl IA, sales on the Washington Stock
Exchange yesterday were practically
unimportant. Other transactions in
cluded a few shares of Mergenthaler
at lF, and ten shares of Capita'
Traction at 80 Is
Directors OF the Washington Loan
and Trust Company have declared the
regular quarterly dividend of per
cent, payable August /. This was the
one hundredth regular quarterly pay
ment At the same meeting. Charles
r. Grant, formerly note teller, was
made assistant treasurer.
Directors Of the Home Saving Bank
have declared the regular semi-annual
dividend of 6 per cent. payable July
Is to shareholders OF record July /.
The following analysis of the New
York market situation was received
yesterday afternoon by w. B. Hibbs
and Company from s. B. Chaplin and
Company, their New York correspon-
dents:
The principal activity and strength
of the market today as was the case
in yesterdays trading was at the ex-
pense of driving in the short interest.
This had become somewhat over
extended in the general industrial
list. but particularly in !. D. General
Motors, Int. Mercantile Marine and
some OF the other specialties from the
aggressive activity OF some of the
largest local operators who were trad
ing together on the bear side of the
market throughout last week and up
to Tuesday afternoon.
The advances established today
were not fully maintained as the bulk
OF the short interest appeared to have
been driven in before . o'clock ana
there was not enough new local or
outside buying power left to absorb
the liquidating sales of the trading
element and scattering local and
Western commission houses which de-
velOped during the last hour. The
market is rot yet considered in a posi-
tion for the development of any
genuine bull movement. Considerable
progress was made in the conferences
at Washington with the government
representatives. and those of the
largest iron and steel producing COM
panies in the matter of what should
be considered reasonable prices" for
the great quantities OF steel this gov
ernment and those of the allies will
require for war purposes. but these
problems still remain unsettled.