davidaulloa/AmericanStories huggingface dataset:
The Canon City record with which is consolidated the Canon City cannon., 1918-03-21
ARE PARENTS OF a BAsx SON.

now making their home at Plains.
Kansas. are the parents OF seven
pound son. born to them on Wednes-
day, March 18th. Mrs. Templeman
will be remembered as Miss Freda
Isley, before her marriage.
MISS oUEENiE JAMESON IS
ENJOYING VACATION.
Miss Queenie Jameson who is EN-
ployed as stenographer and bookkeep-
er by the Round Crest Canning cam
panies is enjoying two weeks5 vaca-
ton. Miss. Jameson and her mother
leave this evening for Denver where
they will spend a week or so visiting.
GOVERNMENT SEEDS
FOR oisTRi6UTloN.
Postmaster Cooper has quantity of
seed for free distribution for war gar
dens which will be mailed to those
who will make good use Of same.
The varieties In each package are
carrot. lettuce. mustmelon. onion and
parsley Mail or leave your address
at the postocice il you desire pack
age.
MEETINGS WILL BE RESUMED
THIS EVENING.
In accordance with the announce
ment made last week there was no
meeting at the Christian church Mon.
day night. The evangeiistic services
there will be resumed at 1880 O'Clock
this evening. Roud Shaw. the evan
gelist. will preach rousing sermon
and Prof Haley will conduct the musi-
cal program and will present one of
his inimitable illustrated songs. All
are cordially invited to this service.
MEETING OF MEDICAL
SOCIETY IN FLORENCE.
The regular meeting of the members
of the Fremont County Medical So
ciety was held in Florence, on Mon
day evening of this week. with large
attendance. Several of the Canon
City members OF the society were
present and took part in the pro-
gram Papers dealing with profess
sional subjects were read by q number
Of the Canon City Representatives. The
meeting was one OF great interest to
all.
MISS WiLkIN ELECTED
VicE-PREslpENT STUDENT
COMMISSION At C. c.
Miss Juliet Wilkin. who is a senior
at Colorado College. has been elected
vice president Of the Student Commits.
sion. in the place OF Florence Hole
way who resigned because OF poor
health. The Student Commission is
body Of students made up Of rep-
resentatives from the various organ4-
cations Of the college. and all matters
affecting the student body as whole
are discussed and acted upon by
them.
Advertisements for Star Route con-
tracts have been placed In the lobby
Of the postoffice asking proposals. for
service on the Mail routes to Cripple
Creek. Micanite and Chandler. service
to begin on July 1st, 1918 and termin-
ate on June 30th. 1922. All former
bids have been rejected on account OF
the bulk increase OF parcel post mail
effective under act of Congress on
March 18th. Parcels weighing 10
pounds may now be mailed to all
points within the first. second and
third zones. and SO pounds to all other
zones. at the same rate per pound as
heretofore. All bids under these ad-
vertisements must be inWashington
by April 23rd. 1918.
C.:l n..A.e.
The Canon City record with which is consolidated the Canon City cannon., 1918-03-21
INTERESTING PRoeHAM At
PARENT.TEAcHeRs. ASSN.

An interesting program will be Civ
en- by the Lincoln Park school pupils
at the meeting of tire Parent-reachers'
association which will be held Friday
afternoon at $3.50 at the Lincoln school
The program will be as follows:
Song .............. Primary pupils.
Two part Song Assembly room.
Address ......... Rev, Don. F. Fem.
Reading ..... Miss Ruth Mahood.
Taikon Canning Club Work ......
II. r. Jeffreys.
The Canon City record with which is consolidated the Canon City cannon., 1918-03-21

T. v. Davis. father OF Or. T. A. Dav
is of Portland. Colo. is recovering
nicely from an operation for gal
stones.
The Canon City record with which is consolidated the Canon City cannon., 1918-03-21

Mrs. Emma Hill who was operates
on recently will soon be able TO re
turn to her home at Florence.
The Canon City record with which is consolidated the Canon City cannon., 1918-03-21


for a family reunion and spent a very
delightful day recently at the home
OF Mr.. and Mrs. @. s. Warner at Con.
crete. The relatives made the trip
by automobile and gathered at the
Warner home at Concrete for a fare
well reception for Miss Mary Warner
who has since left to take clerical
position at Washington. d. c.
The Faith Circle Of Loyal Women
8. 8. class. of tho Christian church.
was most pleasantly entertained on
Wednesday afternoon by Mrs. J. r.
Freidepger q. her home on Sherman
Ave. About twenty-five members OF
the class were together for the occa-
sion. A letter was read from their
president. Mrs. Wilson, who ia at
present in California Another special
featurue OF the program was AIDE
cision by the class to support Pritti
Bal. wife Of an American missionary
at Bilaspur, India The afternoon
proved to be ono OF delightful socia-
billy and interest and included suit
able refreshments served BY the host.
ess.
Guy CALDWELL and Harry Colborn left
Sunday on a motorcycle trip for Colo.
RADIO Springs and Denver for combined
business and pleasure. They took .
eide trip TO Iovcland and will return
New-York tribune., 1918-02-19
Profits From Coal
Increase, Despite
Traffic Confusion
Lehigh Coal and Navigation
Earnings in 1917 Equal
S5.85 a Share

Despite the confusion that developed
in the coal trade in 1917 the Lehigh
Coal and Navigation Company in its an
nual report issued yesterday showed
gross earnings of $21,4S1 1874, an in
crease of $3,746,591 over 1916. Net in
come after all deductions, including
S1.2S6,S41 for taxes, amounted to So
3G2, 400. equal to $3.50 a share earned
on $2S,736,570 capital stock, compared
with 1924 a share earned on $26, ,5S7 $50
outstanding at the end OF 1916
S. d. Warriner, president Of the COM
pany, calling attention in the report to
the unusual conditions that have pre-
vailed in the coal industry, said that in
spite OF the disturbances the proauc-
ton OF anthracite in 1917 increased
nearly 10.000,o 900 tons. or ii per cent
over 1916. The increase in the com
pany's production was l,lS2.12S tons.
Reference was made in the report to
the sale during the year OF the Lehigh
Navigation Electric Company for ST.
100000 cash and 81 600 shares Of the
latter corporation.
New-York tribune., 1918-02-19
Atchison. Topeka 6 Santa Fe
st. Louis & San Francisco
Chicago Great Western
Dividends Declared

Ajax Rubber Company. Incorporate.
Regular quarterly dividend of Z per eels
payable March - to stockholders of re'oS
February 2S.
American Express Company.
quarterly dividend of y per cent, paysps
April to stockholders of record fep'S
AIRY 2S.
Erie & Pittsburgh Railroad CompsW.r..
Regular quarterly dividend of Ia. per eens
payable March to stockholders OF reeo"
February IS.
Fairbanks. Morse & Co.-Regular ausrlel
y dividend of IL per cent on the preier'sI
stock. PAYABLE March ! to stockholders o.
record February %.
General Electric Company Regular eans, WI
terly dividend OF So per share. payable Ap'S
ID 10 stockholders of record March y.
HouGhton County Traction Compsn!.,.
Regular sen,-annual dividend + So on "
preferred stock. payable April l TO s'os>
holders of record March 10.
Iron Cap Copper Company.-Dividend y y
- cents per share on the common s'oeai
ravabie March TO stockholders OF reeo'S
ebruary u.
MONTGOMERY Ward & Co.-Regular annu% a..
oFIdcnd OF 50 per share. payable Fe'''
AIRY is.
Pittsburgh, Youngstown & Ashtsosii.
Railroad Company Regular quarterly N.t o'..
dend OF Ia per cent on the preferred SUI,
payable March to stockholders of reeo''
February 90
New-York tribune., 1918-02-19
Other Canadian Maturitics

In all, about $20,00O,oO0 Of Canadian
municipal securities Will mature in the
United States this year, according to
the estimate of "Thc Monetary Times"
which expresses the belief that ar
rangemcnts must be made in Canada to
take up the greater part cf these ma
turtles, since the war financing re-
quirements o. this country will make
it practically impossible to sell new
issues here or effect renewals. The
question Of municipal finance is ex-
pected to come up for discussion at the
conference Of provincial premiers at
Ottawa this week. "The Monetary
Times" takes the view that while mu-
inequalities have financed with too
much optimism during the last few
years, Canadian credit must not be
impaired by defaults of bond interest
or principal. The primary response
biity is with the municipality, but the
provincial authorities, it is argued,
should be acting as counsel in these
affairs at present.
New-York tribune., 1918-02-19

term obligations Of the government
or the railways
This would be quite true if the
bill stopped there; unfortunately, it
doesn't, for it is further provided
that "Any Federal Reserve bank ac-
quiring by purchase or rediscount
such paper secured by the notes or
obligations of the War Finance Cor
poration may, with the APPROVAL of
the Federal Reserve Board, use such
paper so acquired for any purpose
for which it is authorized to use
paper secured by bonds or notes Of
the United States" That is to say,
the Reserve banks may issue Federal
Reserve notes against the security of
such paper. No one who has read
the bill can seriously dispute the fact
that the possibility of currency inf1a-
tion inheres in this provision.
New-York tribune., 1918-02-19
More Profitable
Year for Pacific
Mail Steamship
Panama Line Is Doing More
Business, 1917 Report
Shows

The Pacific Mail Steamship Company
earned net income Of $1,554 ,63l in
1917, after allowing for reserve OF
100000 to cover Federal taxes, ac-
cording to the annual report, issued
yesterday. This compared with $685.
$40 earned in 1916.
George j. Baldwin, president, in his
remarks to the stockholders, says there
has been gratifying increase in the
volume Of business transacted during
the year and corresponding improve
ment in activity of the Panama Line
as we'll as in the reestablished trans
pacific service. Total revenues we're
So479,031, against S2,117,837 in 1916.
Seven OF the nine vessels of the
company arc now operated under the
direction Of the United States Shipping
Board. In this connection the report
says:
"The operation Of foreign steamer
service, such as your company main
tains, involves considerable expendi-
ture for agencies. 1t is not clear what
allowance will be made by the United
States Shipping Board for such cx-
penditures. However, as previously cx-
pressed, your directors trust that The
governments attitude will be one of
AdlIuSSS 70 lIlc llIefeStS OIL the COM
pany, and will not lose sight of the
Importance of building up our facll-
ties, to the end that the Oriental
steamer service undertaken by ytur
company and carried through years of
adversely without encouragement or
assistance will go forward to the adj
vantage of great national interests.
sit is estimated that the actual net
earnings of your company's requis-
toned steamers for the year 1918 Will
considerably exceed the net income
which will accrue to your company as
a result Of operating these steamers
under government charter rates. This
being the case, it might seem that
fair and equitable arrangement would
be to allow the difference between the
actual earnings and the sum fixed by
requisition charter to be left with
American steamship companies en-
gagged in overseas trade, provided that
it be used for construction of new
steamers on plans to be approved by
the United States Shipping Board. In
this way aid would be given to the
upbuilding of American foreign COM
merce. drawing only on its own rev.
enues."
New-York tribune., 1918-02-19
Relevant Comment
Baldwin Securities "Jumpv"

Baldwin Locomotives spectacular
rise of 7l2 points yesterday to so
brought to the average Wall Street
mind vivid rccollections of the boom
ing days Of 1916, when Baldwin was
one Of the leading performers in the
dance Of the war stocks" In that
year OF frenzied speculation in indus
trial spccialties, Baldwin climbed from
25ss to 154A. The next year it be-
gan to slip and fell from 11sla to SO,
thereby earning rather bad reputa-
ton among the rank and file of spec
ulators. Last year Baldwin did some
what better, getting up as high as 76ls
at one time, but it subsequently de-
clined on the big selling movement in
the closing months Of the year.
New-York tribune., 1918-02-19
Chandler Motor
Profits Show a
Gain of $846,31O
Increase of Over 29 Per Cent
IN Gross Sales Reported
for 1917

Profits of s3,24S,172 were reported yes
terday by the Chandler Motor Car Com
pany from its 1917 operations. This is an
increase of SS4G,3lo over the previous
year. Other income brought last years
total earnings up to $3,277,715. from
which was deducted SS95,312 for depre-
citation, etc, leaving surplus before
excess profits taxes of S2,3S2.4O3. eoual
10 S54.o5 share on $7,000,0O0 CAPITA;
stock, compared with $245l share
earned in 1916
The gross sales of the companN last
year increased 29.16 per cent over 1916.
r.; {. Chandler, in the report. said:
ne years increase in sales and profit
ana the hnanclal condition Of the COM
view OF the disturbed general condi-
tions of the country"
New-York tribune., 1918-02-19
Saskatchewan Notes Paid

An issue of $5,0O0,O00 Province of
Saskatchewan 5 per cent notes which
came due in this market on February
was paid off in cash, it was learned
yesterday. Under normal conditions
the loan probably would have been re-
funded withy a new issue. AS it was,
the Dominion of Canada furnished the
funds for meeting the maturity. The
loan was sold here in 1915 on a 525
per cent basis. At the same time the
provinces Of Manitoba and Ontario sold
900 and $3000,000 of per cent
notes, respectively, which come due in
1920. The next Canadian issue coming
due in this market consists Of S6,100.-
600 Of City of Montreal, on May L..
The last Montreal maturity, S6,900000,
maturing last December, was taken
care of by the Bank of Montreal. In
July next the Canadian city of Edmon-
ton has $2,000,000 Of 6 per cent notes
TO mppf
New-York tribune., 1918-02-19
\ Reminiscence

"Whcn | see some OF these young
bloods dabbling in oats" said a trader
whose memory runs back to the days
before vehicles Of the hay-burning
type were wholly crowded out by the
ubiquitous auto, ''it reminds me OF the
story told of Wall Street plunger
who cleaned up a small fortune in oats
some years ago. He hurried into his
brokers' office one morning and gave
large order to buy oats which would
not be harvested for several weeks to
come. Then apparently he forgot all
about the deal, and when his broker. a
few days later, following big rise in
the market, called up to tell him how
much money he was ahead on the trans
action, the Wall Street man was some
what nonplussed. He seemed unable to
figure out how it all happened
That evening, as he was stepping
into his carriage for the journey to his
Fifth Avenue home, the old family
coachman, saluting, politely asked, Hi
beg pardon, sir. but did you horder tie
hoats for the 'orses, sir, Hi spoke about
about last Monday, sir?'
$50 exclaimed the big trader. in
surprise, "it was you who told me to
buy the oats."
New-York tribune., 1918-02-19
Good Report Expected

At the close of last month Baldwin
was selling around 60. About fort
night ago word was passed out that
4 strong pool had been formed and
would shortly move the stock. Almost
Immediately rise began which has
steadily mado progress. The "jumpy''
action of the stock yesterday sug-
gested at times during the dav a
squeeze Of the shorts was under way.
IN all 10000 shares were traded in.
Final transactions were at 10, a net
gain of 6lS POINTS. The annual meet
ing of the company's stockholders will
be held on March 7. The annual re-
port, which will be made public at that
time, is expected to be extremely fnv.
cradle. In 1916 the company earned
22.9l per cent on the common stock
from gross sales Of s59,2lo,O5s. The
surplus from that years operations
amounted to $4,5S2,5l7. No dividends
have been paid on the common stock
since January /, 1915, when per
cent was declared.
New-York tribune., 1918-02-19
Tax Repeal Bill pleascs Banks

New York bankers were pleased with
the announcement from Washington
yesterday that bill has been prepared
by the Federal Reserve Board to repeal
the stamp tax on promssory notes
used by member banks to borrow for
short periods up to fifteen days from
the Federal Reserve banks. Since the
stamp tax went into effect, about three
months ago, the banks here have re-
Trained almost entirely from this method
of borrowing because of the prohibitivc
rate imposed by the operation of the
special levy. 1t now develops, however.
that the banks have to some extent
circumvcnted the law by selling to the
ReEerve Bank their Treasury certiii-
Gates of Indebtedness for fifteen day
periods, thus accomplishing practically
the same results as those obtained
through the direct borrowing method.
The certificates are repurchased at the
end Of the period
New-York tribune., 1918-02-19

Discussing the war finance cor
poration bill, "The Evening Post
has this to say:
1t is pretty safe to dismiss, for the
present, at any rate, the theory of
Stock Exchange prices rising
through "inhation" This phase of
the situation has been and is being
discussed with great crudcness and
much apprehension of the facts.
That is particularly true of the out
right editorial declarations that the
$4,000, 100000 authorized note issue.
proposed in the war finance corno.
alton bill. means so much of "notes
to circulate as money" There are
vicious possibilities in The bill. but
currency imitation Of the sort de-
scribed is not one of them. The
bill as 1T stands provides not for
circulating money issues. but for
notes Ito mature not less than one
year nor more than. five years" from
the date of issue, and for their pub
lic sale at a price fixed by the cor
poratlcn's management. This is no
more currency" than are the short
New-York tribune., 1918-02-19
Money and Credit

Rates for both call and time loans
ruled firm yesterday owing to continued
Withdrawals Of funds from New York
banks for the account Of interior in
stitutions, which are making active
preparations to purchase United States
Treasury certificates Of indebtedness.
Call money ruled throughout the day
at 6 per cent. and that was also the
rate at which practically all time loans
we're negotiated. 1t was estimated
that the amount Of loans made on the
Stock Exchange was approximately
$2o,O00,00o. The stiffness of the in
tcrest rate brought into play some ac-
tivity on the part of the money pool,
which put out about $4,0O0,O00. In
view of the heavier dealings in stocks
some surprise was expressed at the
moderate demand for funds in the call
money market.
Ruling rates for money yesterday.
compared with a year ago, were as fol-
lows:
New-York tribune., 1918-02-19
Spectators Active in Oats

Spectators have made large sums Of
money in recent weeks by trading in
oats on the Chicago Board of Trade.
The food administration having put an
end TO trading in wheat for future
delivery and restrictions also having
been placed on dealings in corn, the
oats market, which has not been sub
ject to any restrictions, has afforded
a natural enough outlet for those who
feel that it is their mission in life to
speculate in grain. Wall Street opera
tors, especially on occasions when the
stock market has been extremely duh,
have also been inclined to do a little
speculating in oats and have not been
altogether unsuccessful. The fact that
some OF them would not be able to tell
oats from wheat if bushel Of each
were submitted for their inspection has
not restrained the desire to play for
/. lucky turn in the market.
New-York tribune., 1918-02-19
Finance Economics
WALL STREET OFFICE: Telephone:
Mills Building Hsnoyer sb1A

In an advertisement which begins
with the proposition that "it is time
for expediency rather than for pol
icy.' the Hartman National Bank
suggests that the government resort
to the issuance of premium bonds to
finance the war. The plan, in sub
stance, is stated as follows:
Assuming an issue Of S5,000,000,0 900
maturing in thirty years, to bear in
tcrest at the rate of per cent, $685.
100000, or only one-half per cent Of
the entire issue, could be appropriate
ed each year for redeeming at pre-
MUM certain number of the bonds
to be drawn semi-annually by lot.
If the prospect is for the necessity
of rate Of 41a per cent on the next
loan, this plan would effect a saving
in interest of l per cent, or $780,
100000 annually.
The advertisement relates that
premium bonds have been successful
in France, and continues:
There is q universal human in
stinct that reacts with promptness TO
the prospect of q prize. Mark the
effort Of the government to touch
this instinct in offering var savings
stamps at S4.12, to be repaid at S5.
If contravening the laws, consider
the present force of the Sherman
law.
That the time will ever come when
the government will have to decide
between expediency and policy on
this question is seriously to be doubt
ed. The plan is directly opposed to
the moral standards of this govern
ment. 1t is true that the gambling
instinct is common, though possibly
not so common as the bank appar-
emily believes it to be. and a bond
bearing 3 per cent plus gambling
chance might be successfully foated;
but the idea of resorting to such a
method Of raising funds is neverthe-
less repugnant. The plan cannot be
justified merely on the grounds that
France and other countries have seen
fit to employ it. The French govern
mcnt conducts race track betting,
taking its percentage of all money
wagered; it also conducts gambling
houses. No one would seriously pro-
pose that the American government
do either of these things; yet there
would be no moral difference between
that and in holding out the gambling
allurement Of lottery bond, being
careful, like the French government
at the race tracks, to take it's per-
centage in advance. That is just
what it would be doing under the
proposal outlined above. Liberty
bonds should be sold on a business
basis, just as other securities are
sold, and not by making them tickets
in a lottery. The British government
some time ago appointed committee
to investigate the premium bond
scheme, and that committee reached
the conclusion, in effect, that it
should not even be considered until
all other efforts to make government
bonds more attractive to the investor
had failed
New-York tribune., 1918-02-19
Florists Selling Vegetables

"Gigantic bouquets of real vege"'
olcs,' says an Austrian paper. ARE NV
displayed in the windows of the Vien''
florists" And it adds that there cav
be no doubt that they will find not Oh.
ready purchasers but eager recipien~
50 that the course of true love iass ass
continue TO run smooth without w
ald of the rose, the violet and the ~. ea
mcllia. No flower. these times n's
the caultiowcr-at least, III Nienhs'
London Daily News. =,
New-York tribune., 1918-02-19
Liggett & Myers Tobacco

During 1917 the Liggett & Myers To-
bacco Company's net profits were So
1878, compared with sS,4l6,Sl4 the
previous year. After interest charges
amounting to S1,7S6.463 and preferred
dividend payments of 81 POI ,C34 there
was surplus of $6,1e2,oS6, equal to
$3.50 snare on S2l, l,496,4o0 common
stock, compared with S25.61 a share
earned on this issue in 1916.
New-York tribune., 1918-02-19
Elections

y John N: Crawford. Harvey D. Gibson
naVld B. Crawford, Emile Deem. Howe.
NJ. NJ Preston, Harry S. jenkins. John I
weeks and J. X. Newman have been
elected directors of the Oklahoma pro
ouGlng and Refining Company.
X; Z. Taggessell. Orlando +. Weber
l.. {. Jones and Clinton S. Lutkins have
peen elected directors of the National
Anime and Chemical Company
New-York tribune., 1918-02-19
n. Y. Air Brake Strong

One Of the strong spots in the in
dustrial list yesterday was New York
Air Brake. 1t sold from 1909 to 1924
closing points up at 1872, on turn
over Of 1900 shares. The directors
OF the company meet here tomorrow.
when it is expected that the stock viii
be placed on regular 20 per cont
dividend basis. At its present market
price Air Brake shows an advance of
81 points W