davidaulloa/AmericanStories huggingface dataset:
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
coll EGE ROW ENDS
IN PRESIDENT LEAVING
DR.. James w. Cain Resigns as
President of Washington Col
lege at Chestertown, Md.
sneciai Corresnondence Of Everv Evening

Special Correspondence of Every Evening
Chestertown, Md June l1.-At a
meeting Of the Board Of Visitors and
Governors of " ashington College, Satur
day night. DR. James v Cain presented
his resignation Of the Office Of president,
and it was accepted The resignation OF
DIR. Cam is the elimination Of almost a
year of discord between the Board of
Visitors. and the administration of the
college.
Last week a number Of students en-
gagged in hazlng bout. and in the scutfie
pistols were used by one side and knives
bv the other The affair got beyond the
control of DR. Cain and the facu ty, and
the town officers were called 10 the college
10 ouell the rabble. AS a result of tn g
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
SERVICE FLAG GIVEN
TO BETHESDA CHURCH
Middletown Had Patriotic Ser
vice of Unusual Interest,
Sunday Evening.
special Corresnondenee ID Exerx Evening

Special Correspondence OF Every Evening
Middetown, June II At Bethesda VI
+ Church. Sunday night, the services
were marked by the presentation OF a
service flag to the church by Queen
Esther Circle, Kings Daughters, in honor
Of the sons OF members of the congre-
CATION, who have joined the colors and
most OF whom are now in the different
cantonments and some OF them in France
The flag, large and handsome silk
emblem, was hung at the side Of the
chancel as the names OF the boys repre-
scented by the stars were read, in order, by
the pastor, some representative of the
family, generally the mother of the boy,
uncovered the star
The flag has 3 stars and the bows
represented are: " Irving Brockson.
Benjamin Denney, Delbert Gallagher,
Clarence +. Pearce, Frank Richar ds. J.
Carson Segclken, James IT, Vineyard,
Oakley VINEYARD Howard Vineyard, Grover
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
Eastlake W. c. r. L.

The Fastlake W. c. T. L. will meet
at Eastlake NJ T. Church this evening al
: clock
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
NJ. E. Preachers Meet.

The Methodist Preachers Association
held their regular meeting yesterday
at Grace Church House The proceedings
were informal and covered discussion and
reports regarding 'Children's Day" cele-
brated by the churches Sunday with
especially favorable results IN the matter
Of contributions and of irfants baptized
The outing OF the association will take
place next Monday at Eden Park
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
NEW ELK LODGE.
PENIS Grove to Have Order Instituted
This Afternoon.

A lodge Of Elks with over 100 members,
IS 10 he Instituted at Penn Grove ta-
DAY Between $50 and POO Elks rom
Wilmington viii aid in The Institution ami
efforts are being made 10 obtain a band
for he occasion
IN addition 80 the visitors from hls city,
there VIII be delegations from Camden
Atlantic City and Philadelphia
Grand Exalted Ruler Harper with his
staff viii preside at the opening II .ne
lodge The ceremonies VIII begin u the
afternoon and continue IN The evening
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
EVENING STAR.


Bright star Of heaven.
Herald of the night
From Won far blue dome
Shedding thy still light.
Bright star of heaven.
In thy silver sea
More than countless stars
Greet thy majesty.
Bright star Of heaven!
Herald Of Gods love,
Shedding thy pure light
Down from heights above.
Bright star of heavenl
In thy azure sea,
The myriad stars
Bow down unto thee.
Bright star of heaven!
How thy mystic light
Sheds a radiance
Over all the night.
Bright star Of heaven!
How alluringiy
Thou leadest thy host
In their silver sea.
Bright stars Of heaveni
Toinfnity
Keeping silent watch
Over land and sea.
Bright stars Of heaven!
Heralis of Gods love,
Differing in glory
As the eaints above.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
ANNUAL PICNIC.
Grace NJ. F. Sunday School 70 Have
Outing in Rrandyuine Park

The Sunday school Of Grace NJ f.
Church will picnic in Brandywine Park
on Saturday afternoon and evening. In
the afternoon there Will he athletic sports
and games and families Will bring basket
lunch
All members Of the church and Sunday
school are invited 80 participate in the
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
SERVING THE COLORS.

Willard Wilson, 81 705 Adams street,
an amateur telegrapher, having sd one
time conducted "a miniature wireless plant
ut his home, enlisted With the Naval
Reserves on Friday and is nov awaiting
the call for service.
+. O. Biesinger. Of $40 Walnut street,
y no for the past two years has been with
the Bee Hive Company as clerk in the
cigar store 81 the Hotel du Point enlisted
in the navy
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1918-06-11
Returned from wedding Trip.

Mr.. and Mrs Francis " laileN rel
turned On Saturday from heir wedding
trip to Ntlantic City They are residing
II No 1925 ponlar streot
The sun., 1918-10-14
BONDS


Mrs, Margaret Callan, employed a..
S4oS Grand Concourse, The Bronx. was
taken to Fordham Hospital yesterday
as a prisoner charged with attemptine
suicide The police said she took car
Doilc ao,a. her husband Is a soldier at
Camp Merritt awaiting discharge hc.
cause OF illness and her son Ia ser,.ino
with IN" American troon~ IN F-,-c.
The sun., 1918-10-14

and will be redeemed through the said
Sinking Fund at said price OF 1e2h and
accrued interest to the date of such re-
demption, by The Farmers Loan and Trust
Wiiiism street, New York City. on Sovem-
her LIST, 1918, from and after which date
the bonds SO drawn shall cease to bear In
terest, anything in such bonds or coupons
pertaining thereto to tho contrary not
withdrawing.
THE FARMERS LOAN AND TRUST
COMPANY.
BY EDWIN 8. MARSTON, President:
WILLIAM NELSON CROMWELL.
Trustees
Dated. New York, September 18th, 1915.
The sun., 1918-10-14
TIN FAIRBANKs COMPANY.

Ths HoasH o. DisctSS.. hhs re, deels ra :, =
the quarter ending October the sfst, 1918.
payable November LIST. 1878, to stoolsho iders
81 record at the close OF business on Oc-
tober 10th, 1918. Tho transfer books will
be closed from October 2ist to October sist,
~ J. 4. PETERS. Secretary.
The sun., 1918-10-14
DIVIDENDS AND INTEREST.
SsrseSrs~sN~~~sN~s~SN~s~s~S~
UNITED FRUIT COMP ANY
DIVIDEND NO. II

A quarterly dividend of two per cent.
1.-TWO dollars per share) on the capital
stecA< OF this Company has been declared.
payable on October IL. 1918. to stockhoid-
srs Of record at the close Of business Sep
tsmbsr 10, 1918.
JOHN W. DAMON. Treasurer.
TME INTERNATIONAL NICKEL co.
A quarterly dividend Of one and one half
Per cent on the preferred stock has been
declared this day. payable November 1.
ibis. 70 the preferred stockholders of rec
srd at the close OF business October 10, 1913.
JAMES L. ASHLEY.
Secy. q Treas.
Nav YoYk oct 5tb fais
The sun., 1918-10-14

DiSsetors declared the regular quarterly
liyiasnds Of AKA on the Preferred and
~ on the Common Stock for the quarter
ending September 30, 1913. payable Octo-
Der Is. 1918. Books ciosed October Bth.
- Lana a..r.tA.x
The sun., 1918-10-14
To tho Holders Of the First Mortgage
Serial 81 Gold Bonds Of the

Notice 10 hereby given that the Bankers
Trust Company. as Successor Trustee under
the Indian Refining Company to The Mer-
camille Trust Company. as Trustee. will re-
ceive until IL o'clock noon. October %,
1s1s, sealed proposals for the sale to Il on
November q. 1913, of bonds secured by
said mortgage. suf1cient in amount to ex-
Aaust the sum of s22l.l17.s4 In the Sinking
FUND Account. at q price not exceeding one
hundred and two per centum t1o2ss) Of the
principal and accrued interest of such
sends. a. provided in Article Of said
Dated at New York. this 10th day of
BkNXERs TRUST COMPANY, Trustee,
BY H. r. WILSON. Jr.. Vice Rreaidant
The sun., 1918-10-14
Attitude of the Public.

But the public was not an important
factor In tho market, because the brok-
ers could not AFFORD to take on new
speculative accounts. except in cases
where the traders offered exceptional
margin. The reaction In the so-called
war stocks. ranging from s to IT points
since Bulgaria sought an armistice. has
been to some extent offset by the gains
during the same period OF from to IL
points in the so-called peace shares.
These counter movements have
strengthened the stock markets posi-
ton by eliminating the elements OF
weakness which grew out of the over
wrought speculation In the war order
Industrial shares The market is. there
fore. on Arm ground and ready for any
thing that comes. 1t is still war
market in tho sense that the world war
is still tho biggest thing on the horizon
1t must be remembered. however. that
war market can be transformed into
q peace market IN Just about the time
II takes TO nash a cable message across
the Atlantic. Two or three words on
the wires. from an authoritative source
IL all that is needed now TO start O
commotion IN Wall Street
This possibility gives new interest to
the stock market outlook. II does not
mean at all that the war will end In
the near future. or that the Govern
ment OUTLAWS of $4,000. 900 a day for
military purposes will soon be over.
Those who reduce their Fourth Liberty
Loan subscription to a peace basis"
Just because Bulgaria quit fighting took
q narrow view OF a national emergency
The Government will need every dol
lar of this s6,000.000.000 loan whether
the war ends soon or not. An army
OF 100000 men. or 5000. 900 men can
not be withdrawn In a day and I'M
mense contracts for war material taken
at rush order" basis cannot be can
celled without the payment of the
heavy damages that are usually awarded
In such cases.
This great Government loan there
fore must go well II the nation IL to
be safeguarded from the perils OF n
fool paradise. There must be record
subscriptions put In this week, there
must be second and third subscriptions
from these who scaled down their orig
inal application to conform to the pre-
mature peace rumors. and there must
The sun., 1918-10-14
Pig IRON AND COKE
MARKETS INACTIVE
Less Allocating Than Former.
ly, as System Is Fast Be.
coming Automatic.
RECENT GAIN PLEASES
Emergency Fleet Corporation
Plans to Ration Shipyards
More Closely.
RECENT GAIN PLEASEs
spscfal pespofcA to Tue srx.

PIrTsBuRo, Oct. 1.-THE local p,r
iron market presents very little activity,
as the output II entirely absorbed by
deliveries ON contracts and ALLEGATION.
There Is not as much allocating OF Dig
iron az formerly. because much Of the
allocating has been done in the form
of establishing rates of shipment, and
once the business Is put in the right
channel matters take caro- OF them.
selves.
The market remains quotable as fol-
lows: All grades except bessemer has
been advanced 81 a ton October !;
bessemer. $500; basic. $50; No. .
foundry. s34: malleable, s345o; forge,
;S3 These prices are (. O. b. furnace,
freight from the valleys to Plttsburs
being $40 and from half a dozen de-
tached furnaces somewhat less.
The coke market continues almost en-.
tirely devoid OF activity as far as regu.
lar transactions are concerned No
furnace coke to speak Of reaches The
open market, while the offerings OF foun.
dry coke are small. and smaller than
they were before the Fuel Administra.
ton took action requiring come op-
orators to decrease their foundry coke
opera tiouS
The sun., 1918-10-14
BUY
LIBERTY
BONDS
REPUBLIC OF'PANAMA
- Secured Sinking Fund Thirty-Yesr
Geld Bonds, Due November 1, l6ai,
CALLED BONDS

Notice IL hereby given In accordance
with the terms Of the Trust Indenture
made by the Republic of Panama to The
Farmers Loan and Trust Company and
William Nelson Cromwell. as Trustees
dated November .. 1914. that the following
IS Secured Sinking Fund Thirty-Year
COLO Bonds. dated November ,. 1914. have
1o2h and accrued interest to the date of
such redemption to absorb. as nearly as
may be, all money now in the Sinking
The sun., 1918-10-14
A Brighter Outlook.

Notwithstanding this, however, the
outlook Is getting brighter and the situa-
ton Is clearing in many particulars The
production of the farms this year will
break all valuation records In the his
tory OF American agriculture unless the
fall in grain prices incident to the talk
OF returning peace should force quota
lions very much below the prevailing
level.
country that has raised the second
largest wheat crop ever harvested Is not
likely to suffer from a grain shortage,
Notwithstanding the necessity OF making
heavy shipments to Europe in further
ance of its efforts 10 safeguard the
physical well being OF Its allies.
Our foreign trade is charging and by
the time that the war ends the proba-
bility Is that we shall have a merchant
marine OF sufficient size to take care OF
much OF the business formerly entrusted
to foreign bottoms. This Is an important
change which will figure largely in the
development of our foreign trade after
the war ends, and the great exporting
countries Join In the strife to recover
the business that they lost to the United
States soon after the world conflict
began.
But whatever these capital require
ments amount TO. the sums will be read
lily advanced by a people who are not
slow to appreciate the importance OF sup
porting n worth while project when they
see Il.
The sun., 1918-10-14
Centralized Control.

The probability is. however, that no
State bank that has tested the benefits
OF the Federal reserve system will sur
render the privilege after 1t has been ad :
mitted. The experience has been that even
the smaller State institutions whose Of
hcers were rather skeptical as TO wheth-
er their banks could thrive under the
Federal system have gained In prestige
since they allied themselves with this
centralized service.
This Is by no means a local question,
however since there are 1900 State
banks and trust companies OF the United
states outside the Federal reeerve sys-
tom, as against 791 State institutions
Whlch, together with 400 national
banks. comprise the Federal reserve sys-
tenn. The Federal service. however. rem
resents about 70 per cent of the coun-
trys banking resources. so that the pre-
ponderance OF strength lies with the
banks or the Federal system.
Inc Federal reserve system, since It's
installation three months after the Eu-
ropean war started. has made consistent
progress. so that some of the greatest
banking authorities in the world believe
IL 10 be the best banking system I'm ex-
'stence. The system was put to a Sc
we're test almost as soon as It was IN
stalled. and In financing the $14,OOO,0OO,
0O0 issues OF Government bonds and
treasury certificates of Indebtedness put
out since the United States entered the
war. It has been Of the greatest service
to the people
The sun., 1918-10-14
More Scrap Is Needed.

steel Tor war purposes, and has been
urging that more steel be produced pur-
ing this period OF straining for tonnage
the trade has been constantly confronted
with the fact that statistical evidence -
that the country has an ingot capacity.
under normal operating conditions, or
fully 100000 tons a year
Demand for iron bars from the Fitis-
burg mills is very light outside Of direct
war requirements, scarcely any business
being done for forward deliveries as
consumers are uncertain regarding their
requirements and mills are not anxious
to figure beyond the end OF the year on
account OF uncertainties as TO what
prices for iron bars and scrap viii he
made for the new period,
Iron mill operations on the Whole are
at about 80 per cent. OF full capacity.
Small consumers are buying iron bars N
a limited way as n substitute for sice.
bars. which are extremely difficult 10 oh
tain. but on the whole the substitution
does not amount to much In point OF ton
mage.
Distribution of wire products 10 job
bers is on a decreasing scale, few mills
having been able to make full shipments
OF September quotas under the 81 r'.'
GRITTY rating accorded to tohherS' re-
placement material. Production Of wire
in general is materially less than 90 per
cent. OF capacity. and the major portion
OF the output is going into war use d.
rectly or indirectly.
The War Industries Board continues
Its canvass to determine whether more
plates can be made. chiefly for ship
building. without disturbing other inn
portant portions of the war programme
Many mills have been asked whether
they could increase plate production
being required in that event to state
specifically what item the steel would b.
taken from.
The Emergency Fleet Corporation ha,
been engaged for several weeks In max
Ing a complete survey Of the shlpbu''d-
Ing situation In relation to steel SUP
plies and intends TO ration the shipyards
much more closely than heretofore. u
is not yet announced whether the rosu'i
OF tho survey shows that the rate az
plate deliveries for shlpbuildlng can b"
decreased or ought to be increased b.!
indications are that there il 90 be 70
decrease. and that In the near futHsh
heavier deliveries OF plates Will be called
for
At present there is reservoir *
plates to draw from, deliveries hav "S
been heavier than consumption. TIE
regular requirement OF so 600 tons ~
plates week for the Emergency Fleet
Corporation has not been changed Tor
several months
The Scottdale and the Old Meade"
plants of the American Sheet and TIN
plate Company have been closed for tho
period of the war. This was made plain
to committee that visited President
Il. Wellington Pargny here this wees
Government communicating 81 steel sup
ply for war essentials Is responsible MI
Pargny told the committee % scott
dale business men that tho irH'Ai'
company was operating only Is per cent
Of its 1876 sheet mills, and these ara
working on steel for helmets and other
war reuuisitos
The sun., 1918-10-14
General Conditions,

The country is on the verge of impor-
tant changes not only in the military
situation but in business conditions as
well. The Senate has amended the reye-
nue. bill In important particulars In tho
EFFORT to make It more acceptable to the
people at time when II Is of vital i'm
portance to safeguard the productivity
OF the nation and enable its business men
to provide intelligently for the future,
This terrific tax measure ia bound IN
have important bearing upon the coun-
try's future and because of its unprece-
dented burdens 1t will have to be reck-
oned with In considering the problems OF
war and the establishments of peace.
The people arc willing enough to pay
whatever amount is needed by the Gov
eminent to make our participation in the
world war as efficient as 1t can be made.
But there are other burdens to take
account OF In considering the longer fu
ture, for living costs are at record level
and they are going higher.
The sun., 1918-10-14

Even activity in coke screening from
old dumps Is reduced. as the production
OF this material has declined since the
price was reduced by the Fuel Admin
istratlon. There is less requlsitionirg
Of coke by the Fuel Administrator as
supplies to blast furnaces generally
prove sufficient while. since the entire
Iron and steel tndustry's operations axe
under close control by the War Indus.
tries Board, there Is not much mora
desire to stimulate production of pig
iron at one point than another since
all pig iron Is needed.
The market remains quotable at the
full maximum prices allowed Furnace.
Sc: foundry. seventy-two hour selected.
81: crushed, over three-quarter inch,
$3.50; clean screenings, over one-hslf
inch, $3.50. Estimated production last
week was 330.160 tons. a decrease OF
5000 from the preceding week.
While the iron and steel trade looked
for very favorable September report
Of steel production It was not pre-
pared for the IL per cent. gain over the
month of August shown in the report OF
the American Iron and Steel Institute
made public this week. There was Q
gain Of 3S per cent. over the best rate
shown for any previous month In the
year-June-and there Is a gain OF %
per cent. over the rate in October, 1917,
which month had previously held the
record.
1t is made clear that the low produr-
tlon Of August was due chiefly to the
record breaking hot weather OF the nrst
two weeks, and the final result shows
that the rate in the last two weeks %
that month must have heen eNg.'f arr
This gave the mills flying start into
September. and still better record .s
looked for this month.
The reported steel ingot production n
September was 3.2o0.43S gross tons made
by twenty-nine companies. which made
about $50 per cent. of the steel iugot
output in 1917. and about SS.li per cert.
Of the output in 1916. As the twenty
nine companies made 37,ls7.32J tons n
1917, It Is evident that the Country's total
output Of ingots in 1917 was about a.
The sun., 1918-10-14
SECURITY MARKETS FACE
IMPORTANT DEVEL OPlNENTS
Sensational Changes in Military Situation Increase In
terest in peculation-Activity Held in Check
by Money Stringency
by WILLIAM JUsTUs BoIEs.

be heart searching response to the
hurry calls for help from the hard
working committees whose plans for q
whirlwlnd finish have been blocked by
the action OF the health authorities In
closing schools, churches and theatres
in many places where loan rallies were
to have been held.
Eleventh Hour subscription,.
This is the biggest loan In the his
tory of war finance and It's failure would
give fresh courage to the war party at
Berlin. 1t behooves the American peo-
pie therefore to underwrlte the loan In
no uncertain way and to pile up a
sufficient oversubscrlptlon to show the
world that It requires more than an
epidemic OF influenza to take the punch
out Of our patriotism.
This Is prominently an all Ameri-
can project, which must win the united
support OF at least one out OF every
four OF the 1o6. 900. 900 American citi-
zens II the loan Is to attain the popu-
lartty necessary to make It the stupen-
dous success that It ought to be.
The oversubscription therefore has be-
come a matter Of pressing Importance
for the 23.5o0, 900 families in the United
States, whose we'll being Is to a large
extent bound UP in the success Of this
heroic enterprise. The next six days
therefore will be a very interesting pc
Rod In American finance. since It will
tell tho story of the success or failure
Of this greatest of all emergency loans.
Fortifying the Ranking system.
The movement started by the Federal
Reserve Bank Of New York to bring non
affiliated State banks and trust COM
panles into tho Federal reserve system
ought to meet with quick success The
appeal has been made on the theory that
these institutions should unite with the
member banks in mob;llzing the credit
facilities Of the country 50 as to ef-
fectively support the war enterprise. Tn,
272 State banking Institutions in this
district that have not yet Joined the Fed
eral reserve system are asked to come
in for the duration OF the war, at least.
in order to give the Federal service the
stability that it ought to have.
The appeal Is made to cover the war
emergency. but It Is evident that tho CO.
operation would be quite as useful dur
ing the reconstruction period. after the
war Is over. when nothing short OF a
unified banking service will provide the
needed facilities. This Is a question OF
genuine Importance which those in con-
troll Of the non-affiliated institutions
should take very much to heart. The
Federal reserve act has been so liberal
lied as to make II possible for such
State banks as Joined the system to with
draw on six months notice, II they wish
to do so.
The sun., 1918-10-14

NoteOdd
Z unless sales prices outside
The sun., 1918-10-14

1918
transactions for week g, 08S, LA
The sun., 1918-10-14
Week Ended October IL, 1918.

O date 1O2, 1857 45,668,187 147,121,loS
The sun., 1918-10-14
CROCKER-WHEELER co.
Ampere, New Jersey

Nav York, oct. 18th, lois.