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TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1918-01-24

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TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1918-01-24
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TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1918-01-24
Sn perfaufen - gerid)ieSenes.

9ausbaItHHes . Banren. einoIelul.
3immererDee, blbf6. Hgu. $3.50; gfue sxi2.
nsn, S7.50. 1862 Gin Gtrabe. 20-26s
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grobes reues atupIenm $500; neuer Rug
500. 1883 Sim etrste. 2O-&'
Evening star., 1918-06-11
Mr.. McADOO ASSURES
BANKERS OF CREDITS

The impending payment of more
than s2,0O0.000, 900 in income and ex-
cess profit taxes should occasion no
apprehension nor the curtailment of
essential credits, Secretary McAdoo
has advised bankers in statement.
The Secretary said the tax payments
would be handled as nearly as pos
sible like liberty loan payments, and
that he was confident the federal
reserve banks would care for the
transaction without financial disturb
ance or money stringency.
OF S2,775 100000 estimated to be due
in income and excess profits taxes on
June Is. nearly $600,O0O.O00 already
has been paid. In anticipation of the
taxes, $1,000. .OO0,0 900 in certificates of
indebtedness have been sold, and
these are available for tax payments
Provision has been made for re-
depositing tax payments, and this,
with the use of certificates, is ex-
pected to prevent any financial strain.
"All tax checks will go into the
hands of the federal reserve banks,
which have instructions to make de-
posts throughout the United States
iproportionately." says Mr.. McAdoo's
statement withdrawals of such de-
posits will be made as gradually as
the expenditures of the United States
will permit"
Evening star., 1918-06-11

NATIONS NEED
NOW, ASSERTS
G.M REYNOLDS
Head of Second Largest Bank
in United States Appeals to
Americans to Coordinate
Their Efforts.

George NJ. Reynolds is a Chicago
banker of international fame. He
made his way up in the Continental
National Bank Of Chicago. with which
he became connected in 1897, until he
was chosen president of the institute
tion in 1906. He Is also head of the
Commercial Trust and Savings Bank
and Of the Hibernian Banking Asso-
citation of Chicago. The combined re-
sources of these three institutions ex-
coed $500. 100000.
He is Glass A director of the Fed
eral Reserve Bank of Chicago. Mr..
Taft offered Mr.. Reynolds the Treas
ury portfolio, but it was declined.
At a meeting last Tuesday of the
Chicago Association of Commerce, at
which Mr.. Reynolds was the honor
guest, he was introduced Immediately
after the chairman had quoted a press
dispatch from Amsterdam that 1.-The
German people are not forgetting that
this war will end some time"
1t seems to me that one of the great
lessons which we can draw from this
war is that if we succeed in what we
undertake we must have efficiency
for the corner stone of our activities.
Another lesson it teaches is that we
must study something of prepared
ness in all of its aspects as it relates
to the things that pertain to our
activities in our everyday life.
The earlier victories of the German
army over its foes was possible be-
cause Of the high measure of effici-
sncy which was injected into all tha:
was done in the early part of the
campaign. We recall now, with ex-
treme regret. the measure of eflci-
ency which they showed in advance of
that Of the allies 1t is coordination
and cooperation that make for effi-
cheney. and efficiency in self-defense
is preparedness.
Evening star., 1918-06-11
DAIRY MARKETS.

NEW YORK, June 11.-Butter-
Firm; receipts. 1908 tubs. Creamery
higher than extras, 44l2a45: extra (92
score), 43& all: firsts, 42a43l1: pack
ing stock, current make, No. >, 80 la
81.
Eggs-Firm: receipts, 1866 cases.
Fresh gathered extras. 3Sa39; fresh
gathered storage packed, tirsts, 36l2a
37la: fresh gathered regular packed
extra firsts, 36Ha3fla: do, firsts, 33 4
ass; state, Pennsylvania and nearby
western hennery white, fine to fancy.
44a46: state. Pennsylvania and nearby
hennery browns, S9a42: do. gathered
browns and mixed colors. 3oaS7.
Cheese-Firm; receipts, S.51S boxes.
State whole milk flats, fresh specials,
231aa23A; do, average run. 23a23A.
Poultry, live-Firm. No prices set
tied. Dressed-Firm and unchanged.
Evening star., 1918-06-11
COTTON MARKETS.

NEW YORK, June 1.-THE cotton
market showed continued irregularlty
early today. The market opened bare
" steady at an advance of 2 points on
July, but generally II to 19 points
lower under realizing and Liverpool
selling July sold off to 1858 after
the call, or 8 points net lower, but
soon firmed up, selling at 1885 before
the end of the first hour. or p points
net higher Later deliveries rallied
also. working 2 or points above last
nights close
Futures opened steady; July, 1913;
October. 24.30; December, 1882; Janu-
ary. 23.75
The strength of the near position
stimulated demand for new crop
months during the middle of the
morning July sold up to 26.05, or 81
points net higher. while October sold
at 24.70. with new crop months gen.
orally showing net gains of &c to 80
points. Prospects for clearing wealth
er in the eastern belt promoted realiz-
ing at this level, and the market re-
acted later with the market compare
lively quiet around midday.
NEW ORLEANS, June 1.-Narrow
and nervous fluctuations marked
one time the active months were to
16 points over yesterdays close. but
little later they were 10 to 13 points
under. Scattered rains in the belt
caused some buying, but the rainfall
was not general enough to be very
important influence.
Futures opened steady. January.
2291; March, 22.Ss; July, 1850; Octo-
ber, 23.47; December, 23.10 asked.
Evening star., 1918-06-11
HONORARY M. A. DEGREE
FOR CAPT. G. A. BENTLEY

| One honorary degree, B. A. degree
and six diplomas were presented to
graduates at commencement exercises
of ST. Johns College, held at Carroll
Hall last night.
The honorary degree of master of
arts was conferred on Capt. George A.
Bentley. U. S. A. Timothy ]. Murphy
| was given the degree Of bachelor of
arts. Diplomas in the general science
course were awarded to Capt. Louis ].
| Mccarthy, Capt James A. Sullivan,
Lieut.. John Il. Brosnan and Sergt Je-
rome Rupert, and, in the business de-
partment, to Adjt. J. Emory Turner
and Sergt ). Joyce McGinness.
The monsignor medal for religious in
struction was awarded to Private Will
+; liam l.. Carne. The Moran medal for
oratory was given to John X. Brosnan,
and the Kolb medal for English essay
to Lieut.. John A. Began. Capt Thomas
T. Keane was awarded the Bentley
medal for elocution. Rev. Clarence r.
Wheeler, Rev. John I. Barrett and Capt.
! Bentley acted as judges in the contest
for the Moran medal
Announcement was made that schol-
arships in the high school department
of st. Johns College have been won
by the following pupils of eighth grade,
, schools. First, G. Bernard Mangan of
fSt Benedict's School; second, Paul
Messink of st. Mary's School, and
third, William Brazerol of ST. Teresa's
School.
The medal for the best drilled Of
ficer in the cadet battalion was award
, cd to Capt Louis J. MCCARTHY. Medals
fer the best drilled cadets were
awarded to the following: Company
A, Corp. John Rogers; Company b,
Sergt Francis j: Fitzgerald, and
Company c, Corp. Joseph F. Nc
Eneany.
T. A medal for the best drummer was
awarded to Private George T. ONeill.
Private Philip F. Cleveland was judged
the best bugler
Evening star., 1918-06-11
LIVE STOCK MARKETS.

Report of live stock and meat trade
conditions here today by the United
States bureau of markets:
Beef, fresh - Receipts extremely
light; market strong; demand active.
Steers-Receipts very light; market
firm; demand brisk. Cows-Receipts
extremely light; market steady; de-
mand light. yet equal to supply.
Bulls-No offerings.
Veal-Supply light; market steady;
demand good.
Pork-Receipts heavy: bulk frozen;
market steady; demand good for fresh,
slow for frozen.
Lamb - Receipts heavy; market
steady to strong; demand fair.
Mutton-None on the market.
CHICAGO, June 11.-United States b1-
reau of markets: Hogs-Receipts 37,-
900 head: mostly IS cents lower: bulk.
,16.35a16.55; butchers hogs. 16.40a
1865; packing hogs, 16.00a16.35; light
hogs, 16.65a16s0; rough, 15.50a15.75; /;
pigs. 16.o5a1675.
Cattle-Receipts, 1900 head; slow;
top cattle steady. others mostly 15a25
lower.i Calves, strong, 25 cents higher.
Beef cattle. good, choice and prime,
16.40a17.90; common and medium.
12.5Oa16.70. Butcher stock, cows and
ters, 7.s5aS.50. Stockers and feeders.
good. choice and fancy selected. 11.75
a135o: inferior common and medium,
S.50a11.75. Veal calves, common. me-
dium, good and choice. 14.50a16.oo.
Sheep-Receipts. 5000 head; lambs
steady to strong. Sheep. weak, 10c
lower; bucks, 81 lower. Shorn lambs,
choice to prime. 17.50a17.S5: medium
to good, 15.50a17.40: culls. 12.00a13.50;
srring lambs, 19.00a20.00. Ewes,
choice and prime. 14.o0a14.50; medium
and good. 12.00a14.oO: culls, 6.0oa9.0o.
Evening star., 1918-06-11
PICKS UP Mine PLACED
IN SEA BY HUN U-BOAT

CAPE MAY. N. j.. June 11-An in
coming steamship reports having
picked up a floating mine about four
miles Off Ship Shoal Island, Va, which
is some distance north of Cane
Charles light. Undoubtedly this is one
of the many similar weapons of de-
struction set afloat by the German
U-boats during their raid along the
coast last week. Government mine
sweepers are steaming up and down
the coast searching for mines, and
officials expect they will all be ac-
counted for shortly.
Sixteen mines have been found off
the Delaware capes.
The greatest caution is being OBJ
served in the movement of ships along
the coast. None is permitted to ira
verse the ocean at night.
Evening star., 1918-06-11
Momentum Being Felt.

We are taking on momentum both
in efficiency and in firm resolve.
If the United States is to maintain
it's supremacy as a business nation,
il we are TO go on with increasing
prestige as time passes by, we must
nav more and more attention each year
10 extending the influence of the
United States in what We call the
world markets.
Efficiency is the watchword these
days. / care not whether it is in war
or in business, efficiency, co-ordina-
tion. cooperation and knowledge Of
the details of the things in which
YOU seek to engage are necessary IL
YOU hope to accomplish anything in
broad way.
Evening star., 1918-06-11
Grain, Produce,
Cotton Markets.
GRAIN AND PROVISIONS.

CHICAGO. June 1l.-EastwarG cNten-
sion of the warm wave had be2rish
influence today on the corn market the
fact that receipts continued liberal not
withstanding an expected falling off op-
Grated also as depressing factor. Lead
ing houses were free sellers. Opening
prices. which varied from the same as
Yesterdays finish to half cent lower.
with July 1897 to l.39ai and August
.4oa. to l.i07s. were followed by mod
crate rally and then a decided down.
ward swing.
Oats showed ffrinaess compared with
corn. Gossip was current that stocks
of oats on farms were not as large as
had been generally believed. After
onening u OF to q up with July 6sis
to ssA the market hardened to a ma
tcrial extent and then reacted some
what.
Provisions gave way with hogs and
corn The only support came from
Evening star., 1918-06-11

LONDON, June 10 British Ad-
miralty per Wireless Press).-The
Daily Chronicles Paris correspondent
says that the long-range cannon with
which the Germans are bombarding
Paris We're invented several years ago.
A model was shown to an American
general early in 1914 by Frau Bertha
Krupp Won Bohlen und Halbach (prin-
cipal owner of the krupp worksl
herself
Evening star., 1918-06-11
ENGLISH CROPS PROMISING.
Wales, Too, Has Good Agriculture
Conditions, Reports Say.

Crop reporters of the board of agrf-
culture, according to the Department
of Commerce, announce that agricul-
tural conditions in England and
Wales May l were good
Spring sowing of grain has been
practically completed under favor
able conditions. Autumn wheat looks
promising. although, owing to the
cold weather. it has made but slow
progress, and in some places is a
little diScolored.
Evening star., 1918-06-11
MergenthsIer Linotype COMPANY

There will be a meeting OF the s!lareholt,t !
OF The Mergchthalcr Linotype Company of NJ,
York in the rooms Of the Washington Char,
Der OF Commerce. GIL 18Th street northwcs
Oa "wednesday, June l., 1918. at $ Din.
lor me purpose of general discussion Of a.
aifalrs OF the company, and action thereon.
thought advisable
The meeting is called by the undersigne.
at the request of Washington shareholders
owners or approximately A., 900 shares of tn
stock of the company. All Shareholders fnyitrl
" i kEIinE
Evening star., 1918-06-11
NEW YORK METAL MARKET.

NEW YORK, June 3l.-Metal ex
change quotes lead strong; spot. $50
a7.15. Spelter. firm; Hast st. Louis
spot, 7.40a7.50
futures. 1891. Lead. spot. f29 los; fu-
lures, f2s los. Spelter, spot. f54; fu-
lures. $50.
Evening star., 1918-06-11
BAR SILVER QUOTATIONS.

NEW YORK, June 11.-Bar silver
was quoted at 991s an ounce here to-
day.
LONDON, Jure 11.-Bar silver, 48Ad
per ounce; money. 2a4 per cent; dis
count rates. short bills, 3 1882 per
cent; three months bills, 3k per cent.
Evening star., 1918-06-11

NEW YORK, June 11.-Lard-qulet;
middle west, 24.00a2410. Other articles
unchanged.
Raw sugar, steady; centrifugal. Coos :;
fine eranulated, 7.45.
Special Dispatch to The Star.
BALTIMORE. Nd. June II q pm.
ouotationsl.- sl.-Wheat-Spot No. 2 red
soft. 222; spot No. . red winter, 2.24;
receipts 2,9i4 bushels.
corn-Receipts. 4,134 bushels.
Oats-Fir,ner: standard white, b'a 81, !:
No. 3 white. S2EaS3: receipts, 15,277
bushels: exports, 10000 bushels.
Rye-Easier: No. 2 western export,
80 bid: receipts, 9,347 bushels.
Hay-Steady: No. / timothy un-
changed; No. 1 clover mixed -~un-
changed.
Evening star., 1918-06-11
Towns Plan to Help Farmers.

LOWELL. Ind, June 11.-This town
Of 1900 people will close up it's busi-
ness houses two days a week during
July and August, and the bulk of it's
merchants. clerks and professional
men will help the farmers on sur
rounding farms harvest their crops
because of the shortage of labor.
Evening star., 1918-06-11
alone on the fiscal year now draw
ing to q close.
Money Pool Makes Loans.

The only evidence of any disturb
ance through income tax payments
was seen yesterday, when the money
pool placed money on call to check
advancing trend jim call loans.
Evening star., 1918-06-11
Questions Need of $e4, 900, ,ooo, 900.

The Guaranty Trust Company of
New York expresses the opinion that
the government cannot spend the
amount of revenue as estimated by
the Secretary of the-Treasury, s24.-
000.ooo.000 for 191S-1919. in one year.
Figures for the current fiscal year
to May Is are s10.365.629.602. On
the same basis the estimated ex-
penditures for the fiscal year are
placed at s12,150. 900, ,0O0 Deducting
advances to the allies of s4,75O, 900, 900
would leave about S7,550,00O,00 for
the expenses of the United States
Evening star., 1918-06-11

Henry Wise Booker, one of the
best known officials in the eastern
section of Virginia, committed sui
eide Sunday.
Evening star., 1918-06-11
Washington Stock Exchange.

SALES
Washington Railway and Electric pfd., % at
65A, 10 at 65A.
Mergenthaler. at 1os14. 5 at 1918, 5 at
1071., at 1071a, 5 at 107l..
Lanston Script, $75 at 97l4.
Evening star., 1918-06-11

A German general now is in COM
mand of the Finnish army. as well as
Of the German forces in Finland.
Evening star., 1918-06-11
Helping the Utilities.

The Chicago Clearing House Associa-
tion has named E. D. Hubert of the
Merchants Loan and Trust Company,
George NJ. Reynolds of the Continental
Commercial National Bank and f. o.
Wetmore of the First National Bank,
three Of the leading bank presidents of
the city, to consider the matter of Civ
ing aid to the public utilities of Chicago
and contingent territory.
Public utility corporations the country
over are greatly discouraged over the
attitude of the federal finance committee
in its published statements, and feel that
II this attitude of indifference to the
utilities is to be maintained then some
other government agency should be set
up that will give consideration TO the
crying needs of utilities.
Chicago's chiefest problem right
now has to do with the Peoples Gas
Light & Coke Co.. which for years
has been a monopoly in furnishing
gas for Chicago. but has in the last
year or two been forced to reduce the
price of gas to a point where divi-
dends have been abandoned and
where large increase in sale price
has been demanded
An effort on the part of the various
utilities of the country to cause
change of attitude on the part of the
War Finance Corporation is evidenc-
ed through the activity Of bankers.
Evening star., 1918-06-11
Rails Are Slow.

The rails were slow but for some
of the minor issues. new high being
made on Pittsburgh and West Vir-
ginia.
At no time did the market show
anything like activity, dullness being
the dominating feature for the first
four hours Traders are moving eau
tiously, under tightening money con-
ditions. The money pool did some
lending yesterday to keep the call
loan rate at per cent. After the end
of the week financing the market
should do better, provided the war
news continues satisfactory.
Liberty 31hs sold at $3.50 to 99.69:
first As at 34.9O; second As at 94.64 to
94.sS, and AVS at 96.76 to>96.9s.
Evening star., 1918-06-11
LIGHT STOCK TRADING
At IMPROVED PRICES

NEW YORK, June -11.-For a short
time after the opening this morning
the market displayed a rather steady
tone, followed by some gains, extend
ing to three-quarters Of point on
the leading industrials and one-half
on Steel common, with Marine pre-
ferred moving up a full point and
the rails as sluggish as possible, with
Reading alone showing any strength.
Turning the second hour of the ses-
sion, the advances were very general
ly wiped out, but the closing of yes
terday was about the low level on
many af the stocks. while Colorado
Fuel and American Smelling and
Sumatra Tobacco held parts of their
earlier advances.
The noon hour brought relative
steadiness to the list and slow inn
provement, followed late by a recov-
cry that, in the second hour of the
session, resulted in the re-establish-
ment of some of the best prices of
the session to that time
smelter held point advance: Big
Marine stayed around 104 A, losing
all it's earlier gain: Mexican Petro-
leum gained y and Steel common
made new high at 9Sk.
Evening star., 1918-06-11
Records for Twenty-Four Hours.

winds.
Records for Twenty-Four Hours.
The following were the readings Of
the thermometer and barometer at the
weather bureau for the twenty-four
hours beginning at pm. yesterday:
Thermometer-Yest pm, Sc;
s p,m., SO; 12 midnight. Z: today,
a M, IS; am. &c: II noon, 13; pm.
49, Highest. SO. at pm. yesterday;
lowest, 65. at am. today.
Temperature same date last year
Maximum. 10; minimum, 66.
Barometer-Yesterda 4 pm, % SO:
8 pm, 2sS7; IL midnight, 29.9S: today,
n m, 1886: s am, 29.95; Il noon,
1894; . pm, 29.91.
Condition of the Water.
Temperature and condition of water
at 3 M. Great FallS-Temperature
rs: condition, 65. Dalecarlia reservoir
-Temperature, IS; condition at north
connection, so; condition at south con-
nection, 45.
Up-River Waters.
suecial Dispatch to The Star.
HARPERS FERRY, w. Va, June II.
The Potomac river was slightly
cloudy and the Shenandoah muddy
this morning.
Weather in Various Cities.
Evening star., 1918-06-11
ONLY SMALL TRADING
IN LOCAL SECURITIES
BY I. A. FLEMING,

On today's session Of the local stock
exchange Railway preferred sold at 65A
and this price was freely bid for more
without offerings save at higher figures
The rest of the market was uninterest-
ing. A number Of odd lots Of Mergen-
thaler shares sold at 1071z ex-dividend
and one share at los. So far as known
there has been no intimation of any in
tent to reduce the dividend from the
10 per cent rate. which is all that could
be expected under prevailing conditions.
Mergenthaler has been no exception to
the general rule of weakness on the local
stock exchange.
Lanston script brought 97A for small
amount.
Local bankers were reminded this
morning of the need of getting back of
war savings stamps more energet1cally
in order that the city's quota might be
reached.
Evening star., 1918-06-11
Bar Silver Stabilized.

The market for bar silver has been
stabilized by the offer of the govern
ment to purchase silver at one dollar
an ounce.
This is evidenced by the fact that
all the wild fluctuations of the last
few months have ended and for some
time there has been but one price in
the open market-99h.
Evening star., 1918-06-11
Analytical Laboratory

WWer. milk. food, druas
-. t. s1amipsd, s1amip Ais9 b.ntfrio-
erSsrs I onisS Of blood. dNs.ans ssomseh
oontepts, excrsta, eto. AnaIyt-
zeal Department., National Vac
cine and Antttoxin Institute.
VSE You Street N. W. North ID.
Evening star., 1918-06-11
POWDER MARKET,

Quotations furnished by W. B. Hibbs & Co.
Evening star., 1918-06-11
THE WEATHER.

District of Colunbia-Thunder-
showers this afternoon or tonight; to-
morrow fair, warmer; light, variable
winds.
Evening star., 1918-06-11
Adjusting Income Tax Returns.

The internal revenue bureau allow
ed three years for adjustment of in
come taxes, and, with the large in
crease in the number paying taxes, the
time is none too long.
A Washington taxpayer received
bill this morning. in connection with
the adjustment of income tax for 1915,
indicating that the final examinations
OF papers are greatly delayed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-03-10

house together. This seems bad bust
ness. Mr.. Neville, Shot dead. the driver
tells me. Any one suspected?'
I'm suspected" The answer broke
from John Neville's lips almost ferceiy.
Mr. Beck looked at him for a minute
with placid curiosity, without a touch Of
surprise in it.
How do You know that"
''Wardle. the local constable, has just
told me so to my face 1t was only by
way of special favor he RETAINED from
arresting me then ard there
Mr.. Beck walked on beside John Neville
ten or fifteen PAGES before he spoke again.
DO you mind he said, in very in
sinuating voice. telling me exactly
why you are suspected? what did you
quarrel with your uncle about yester-
day."
II didn't quarrel with him. He quar-
relied with me. 1t was this way: There
was a bitter feud between my uncle
tates adjoin. and the quarrel was about
some shooting My uncle was very vio-
lent: he used 10 call Col Peyton a
common poachcr.' Wei, had no hand
met the colonel for the first time after
It. for I knew my uncle had the wTor (
end of the stick. But the colonel spoke
to me. in the kindeet way. no reason
why YOU and I should cease to be
friends. John he said.
The colonel. you Felst know. hal
distinguished himself in dozen en-
gaPements. and has the Victoria Cross
locked UP in drawer Of his desk.
Lucy once showed II 20 me Lucy Is
his only daughter and he Is devoted to
her Well. after that of course. the
colonel and I kept on good terms. for
I liked him. and I liked going there
and all that. But our friendship an
gered my uncle. ! had been going 70
the Grange pretty often of late, ard my
uncle heard of II. He spoke TO me in a
very rough fashion of Col. Peyton and
his daughter at dinner last night, and |
stood up for them.