davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-05-10

market yesterday was really not
sensational; it only seemed SO be-
cause the contrast with recent sto-
lidity was very striking. For the
last month or six weeks transac-
tions have averaged perhaps less
than 100000 shares a day, and there
have been days when they were
less than half Of that. Fluctua-
tions were correspondingly narrow,
save for occasional spasmodic out
bursts in "specialties." In one no.
table session the range of Steel
common, the leader of the last few
days, was exactly Is Of point; and
that change occurred only in the
last five minutes Of trading. Yes
terday Steel moved to 1878, the
highest point touched in months,
and closed at 107A, with net gain
of Az points. And the movement
of Steel differed only in degree from
that of nearly all other stocks.
Transactions exceeded 100000
shares. 1t was a highly interesting
exhibition, and yet it was not suf-
ficiently impressive to warrant the
definite conclusion, apparently
reached by many traders, that a big
bull market had been launched; for
it is still fact that trading is con-
fined almost wholly to professional
traders and little inclination has
been displayed by the outside public
to indulge in another speculative
orgy at this time. A very large
part of yesterdays dealings con-
sisted in operations of big pools.
That the market is in a remark
ably strong technical position is
certain; that there will be a great
rise in prices, while conceded as a
possibility, is by no means sure. A
banker whose judgment is highly
regarded in the financial district,
asked for his opinion of the pros
pect for a bull speculation such as
that which eliminated a year ago
last December, said there was none;
that while prices might work higher
the banks would discourage specu-
lation on large scale by putting
tight reins on the money market.
They had already cut down loans
for speculative purposes, he stated,
and certainly would not extend
them at this time.
One of the interesting features of
the market is that it's technical posi-
tion is such that a relatively light
demand may cause dis isproportion-
ate rise in prices. In the drastic
liquidation which ended last fall
practically every weak spot was
eliminated; that is to say, during
the long continued decline of prices
stocks were accumulated by those
who could afford to hold them, and
probably greater percentage were
owned outright than ever before.
That was why the market displayed
such remarkable resistance to pres
sure when the Garfield fuel order
upset the whole business world, and,
later, when the German drive
seemed to have reached the point of
extreme danger to the Allied forces.
The technical condition has not
been much impaired since that time
except through the curtailment of
short selling.
New-York tribune., 1918-05-10

The above rates express the cost of
foreign money in terms of the Amcri
can dollar. You buy an English pound
sterling at, say, s4.75as The intrinsic
parity is s4.S6Ss per pound. Thus YOU
say either that pounds are a a discount
or that dollars are at premium, which
u, Is owing to the fact that in England
settle accounts in this country is greater
than the demand in this country for
pounds with which to settle accounts in
England. 49,
New-York tribune., 1918-05-10

Bank CIearings.-The days bank
clearings at New York and other cities
were:
Exchanges. Balances.
New York. -. .$623, 1926, ,2o4 $65,o70,554
Boston. 5e,983,260 1929, 145
Philadelphia. 69,476,934 1860
New-York tribune., 1918-05-10

London Money Market LONDON,
May 9.-Money, 2A per cent. Discount
rates-Short bills, 3 II per cent; three
month bills, 3 GIG per cent. Gold pre-
miumS, 10000.
New-York tribune., 1918-05-10
New Financing Likely

Along with the improvement noted
in the bond market it was stated in
investment circles yesterday that a
number of new issues will be foated
in the near future Among these is
an offering of securities of the Du-
quesne Lighting Company, of Pitts
burgh, subsidiary of the Philadelphia
company. 1t is the hope of bankers
and bond men that the present up
ward trend in the securities markets
will afford opportunity to do a con-
siderable amount of financing without
the aid of the aWr finance Corpora
New-York tribune., 1918-05-10
Finance Economics
WALL STREET OFFICE: Telenhone,
Mnls bulldlng 10 Broad ST. Hanover
Telephone.
Hanover 6514

financial operations connected with
government financing.
AT the Stock Exchange call money
ruled at per cent most Of the day.
A few small loans were negoti-
ated at 5% per cent, but most of the
business was done at the higher rate
The banks called loans on fairly
large scale, but the money committee
did not find it necessary to draw on
its funds to ease the situation. In all
about $25,000,O00 was loaned at the
exchange on CALL
Offerings of time funds were very
limited yesterday, and rates were un-
changed, borrowers bidding per cent
for loans of all periods. Brokers re-
ported small amount of business in
thirty day loans.
Ruling rates for money yesterday,
compared with year ago, were as fol-
lows:
New-York tribune., 1918-05-10

had advanced the price of whiskey
thirty-fve cents a gallon. 1t is
estimated that approximately 100000
gallons arc now on hand, hence the
latest price advance will enhance the
value Of the stock of whiskcy by S2,-
100000. Distillers closed at 54% for
q net gain of II points.
New-York tribune., 1918-05-10
Market Barometers
Stock Exchange Transactions

Stock Exchange transactions
Rail- Other All
roads. stocks. stocks.
Yesterday. 166,2o0 $4,000 1,1o4,soo
Day before. .252, 400 667, 400 e21,80o
Week ago.. $500 386,4OO 452,300
Year ago.. 1890 $4,000 553.6o0
January I to date:
1918. .5,464,soo 3s,3s7,oo 44,e51 900
1917. .7,948,6O0 60,12s, 700 67.077,3
1916 s,o29,7o0 55.5ee,600 63,596,3o0
Bonds
Day Year
Yesterday. before. before.
Gov'nts.. 81 ,467 900 $2,274,0o0
Rails. $4,000 1,212,0OO $1095,000
Others. 1,596,00O 1,748,oo0 2,344,ooo
All bonds 4,o54,oo0 5,234,ooo 3,43s,ooo
January 1 to date:
New-York tribune., 1918-05-10
Burlington's Net
Decreased Heavily
Operations for 1917 Resulted
in Surplus of $26.53
a Share

Even the prosperous Chicago, Bur-
lington & Quincy Railroad in 1917 was
unable to overcome the handicap Of
mounting costs of operation and higher
taxes. The annual report issued yes
terday showed the record gross earn
ings of $122,342,707, an increase of
$13,151,503 over 1916, but net operating
income, amounting to S35,280,757, COM
pared with $39,098,987 the preceding
year.
This decrease Of $3,S18,23o was due
mainly to an increase in taxes from
$4,856,512 in 1916 to S8,429,6O7 last
year. In this connection Hale Holden,
president of the Burlington, in the
company's report, said:
The taxes for the year increased
substantially; the total increase in
taxes levied by all. states through
which the lines operate, amounted to
25.76 per cent, and by the Federal gov
ernment 364.63 per cent, making a total
Increase in ell taxes of 74.27 per cent.
OF the Federal taxes $2,491 ,292 is for
war taxes under the act Of October 8,
1917, entitled An act to provide reve-
nue. to defray war expenses, and for
other purpcses.' A summary of the
operations for 1917 compare with the
previous year as follows:
1917 1915
Operating revenue .s122, ,a42,7o7 s1oe. e.1e1.eo4
operating expenses. 1862, ,343 65,235. .7O5
New-York tribune., 1918-05-10

Bank of England-LONDON, May g..
The weekly statement of the Bank Of
England showed an increase of 94,516
in gold holdings. The proportion of
reserves to liabilities now stands at
1918 per cent. compared with 1865 per
cent week ago. The statement, with
the changes from last week follows:
New-York tribune., 1918-05-10

Below is given the current exchaupe
value OF foreign money in dollars and
cents, together with the intrinsic gold
parity. as calculated by the United
States Mint:
New-York tribune., 1918-05-10

Yesterday. Year ago
c., .., Per- cent. Per cent.
Call money .......... 8 3
Time money (mixed collatcraD:
Sixty days. ......... 434@5
Ninety days........ 6 43l@5
-Four months. ....... 6 1905
Five to six months. 4a4O5
Commercial Paper.-The market was
quiet yesterday and rates were steady
around per cent for the best regular
maturities.
Bank Acceptances-Not quito so
much activity was noted in the ac-
ceptance market yesterday. Rates were
steady, as follows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Per cent
E i gi Bile
banks: M n IS = :.41s@4 4M@4zs 4a@4a
E ig ible
ber a banks.4}4@41s sid 495@4A 4%@4n
Ineligible
bank bills.5A@4s4 514@4s4 5M@4M
For delivery within thirty days:
Per cent.
Eligible member banks. s.......... 4I2
Eligible non-member banks. 80. 45a
Ineligible bank bills.
Discount Rates.-The following table
gives the current rates Of the twelve
Federal Reserve banks on commercial
paper on all periods uD to ninety days:
New-York tribune., 1918-05-10

Silver.-Bar silver in London was
49@d, unchanged; New York, 991zc,
unchanged; Mexican dollars, TIC, un-
changed.
Sub-Treasury.--The banks lost to the
Sub-Treasury yesterday $3,3O1 900.
New-York tribune., 1918-05-10

Maturity
New-York tribune., 1918-05-10

Commercial Paper.-The market was
quiet yesterday and rates were steady
around per cent for the best regular
maturitieS
Mexico weekly ledger., 1918-10-17
FORMER MEXICO DOCTOR
SENDS TROPHY HOME
FROM WESTERN FRONT

In the south window of the office Of
The Columbia Tribune is a German
helmet which was sent to Mrs. L. A.
Sneed by her son, DR.. c. NJ. Sneed,
now in France on medical duty with
the United States expeditionary fore
es. DR.. Sneed was at one time a resi-
dent of Mexico and is well known here.
DR.. Sneed procured the head piece
from the Belleau Wood from which the
Americans drove the Germans after
some of the most desperate fighting
of the war. DR.. Sneed was on the bat
tlefield when the German dead were
buried thickly, and this helmet was or
the grave of one of the dead boche
presumably the one that wore it. lr
the top is large hole made by
shrapnel or some other missile. II
front is hole through the head of thu
German soldier. The name Of the sol
der was Arthur Kopel, and he wa
born in Hamburg in 1899, being jus
a little over eighteen years old. Dr
Sneed also sent his mother two Ger
man bayonets for which the Germai
soldiers who carried them had no fur
ther use. Mrs. Sneed does not knoN
in what part of France her son is, bu
she thinks he is probably at Chateau
Thierry.
Mexico weekly ledger., 1918-10-17
rur COUNTY FARM.

nupRAIN COUNTY has a mod
well kept farm for those who are
-. - moor 10 care for themselves. There
y. chronic cases asking for charity
10 ,bould be moved 70 the farm at
~, aThey don't want TO 60" Dc
,1ov have the say so about II? The
..snty farm should be sold or used for
se purpose it was intended. The tax
a,vers have a right to be proud Of this
,,rm and its management, but it will
,syer be popular with the "poOr but
nroudp until they are made to under,
,t.nd that the farm is being man,
AGED for their benefit.
There is plenty of room at the farm
and the quarters are most eomforta
BE.
In other counties chronic applicants
for charity are made TO see that it il
not as much humiliation to be a resi-
dspt at the farm as it is to be contin
ually begging.
Bepgars can't always be ehoosers
ANYWAY. OF course, if the farm wer
not comfortable and well managed, i
would be different.
Mexico weekly ledger., 1918-10-17
NEW TREASURY CERTIFICATES

ST. LOUIS, Mo-, Oct. 15.--ln or
der that those who have income and
profits taxes to pay may prepare
themselves in advance for the large
payments and to accumulate gradu-
ally the funds necessary to meet
them, Collector of Internal Revenue
George H. Moore calls attention Of
the taxpayer to the advantage Of pur-
chasing now Treasury certificates Of
Indebtedness bearing four per cent
interest and maturing July is, 1919.
The Collector has been advised by
the Secretary of the Treasury that
certificates of this issue will be ac-
cepted at par, with adjustment of ac-
crued interest, under rules and regu-
lations to be prescribed, in payment
of income and profits taxes when
payable at or before maturity of the
certificates.
at is the aim of the Government
to make the floating Of this issue Of
certificates of Indebtedness a popular
one," said Collector Moore, "and !
will be to the advantage of thos'
whose taxes are measured in compar
atively small amounts as well as tn
large corporations and wealthy per
sons to participate in the purchas
of these impregnable securities"
These certificates may be purchas
ed at the Federal Reserve Bank or a
any bank or trust company. They ar
in denominations of $500, 1000, S.
900, $4,000 and 100000.
Mexico weekly ledger., 1918-10-17
prrrr InRnRs AppoINTEn

The following is the list of petit ju-
rOrs for the November term Of court
Notices are being sent out to the men
now notifying them Of their appoint.
ment.
Quivre-John Stauterman, o. L
Herlinger, J. R. Gatewood, VIM. Fish
er. ST., Bedford Langford.
LOutre-Geo. Kellerhals, Johr
Stumpf.
Prairie-Coleman Elliott, w. H. Nc
Cue.
Linn--Charles Maxwell.
Salt Rivers. P. Cunningham, VIM
C. Lock, Robt. Powell, Henry Powell
Henry Kunkel, John Dishman, c. A
Alexander, C. C. Heizer, l. N. Berrey
]. NJ. Buckner, T. B. Ridgeway.
Wilson,. w. Blum, Sam Craig
head.
Saling-W. Il. Wainscott.
Mexico weekly ledger., 1918-10-17
MAURICE Jesse TO MARRY

Mr.. and Mrs. ]. E. Jesse, of this
city, are expecting any time to re-
ceive news from Colorado Springs
that their son, Maurice Jesse, has
been married to Miss Lucille Roberts
of Moberly
Miss Roberts left for Colorado
Springs several days ago for the pur-
pose of marrying Mr.. Jesse on her
arrival. Mr.. Jesse is connected with.
one of the largest shoe stores in Col
orado Springs where he has spleu-
did position. While here he was with
the Steinman Shoe Store. He is a
young man of fine habits and splendid
business ability, and a member Of
one of Audrain's prominent families.
Miss Roberts comes Of a prominent
family in Moberly where she is held
in the highest esteem by all who
know her. The Ledger joins in ex-
tending congratulations and best
wishes.
Mexico weekly ledger., 1918-10-17
AFTER FULTON LoAFERs

FULTON, Mo-, Oct. 1.-The Cal
laway county Council of Defense has
announced that 1t will take drastic
action against the loafers Of Fulton
under the "work or fight" order. The
police of the city have been instruct
ed to make list Of those whom they
know to be able to work bit without
visible means Of support. Council Of
ficials say that letters addressed to
a number of loaftrs during the last
several weeks have had the desired ef-
feet and they have found usef ]
employment. The Defense Council
also will take over cases from the
Liberty Loan organization where its
canvassers report that persons who
are able refuse to buy bonds Of the
fourth issue.
Mexico weekly ledger., 1918-10-17
Do Not Sell Wheat.

The following reached this office
over Mr.. Hoover's signature, under
date of October 7th:
PLEASE GIVE WIDEST PUBLIC
ITY to the FOLLOWING:
Enlarged demands by Gen. Per-
sling for material resulting from
progress on Western Front has ne
cessitated temporary diversion OF
grain ships to his service. This tenn
porarily curtails wheat movement
from seaboard and has filled our sea-
board and terminal elevators and thus
checks movement. Reported that
some farmers have become panickS
and are selling wheat at less thar
governmental price. No occasion fol
this. If holders will have little pa
tience wheat will all be moved ant
full price procured by every grower.
u. S. FOOD ADMINISTRATION,
EDW. NJ. FLESH, Agent.
St. Louis, Oct. 8, 1918.
Mexico weekly ledger., 1918-10-17
HAS BOHEMIAN DOCUMENT

Judge w. W. Bolts, Of the probate
court, has filed with him a very in
teresting document. 1t is the last will
and testament Of the late Frank
Cernoch, who is a resident OF this
county, but was native of Bohemia
The will is written in the Bohemian
language and script and is COM
plete legal document.
Cernoch and his wife were both ma
tives of Bohemia. They received the
best education possible in their coun-
try and were people Of culture. They
came to America some time after
their marriage. Here they soon learn
ed the language of the people, but
were never able to read and write
the English language.
Both were able to sign their owr
names in English, but the remainder
i Of their writing had to be done II
Bohemian. They spoke their native
language, also, in the home. Ger
noch made his will not long before HI
died and wrote it in his own language
After his death the will was probatet
and then it was necessary to call il
an interpreter from st. Louis befor
the will could be executed. James /
Baier, of st. Louis, himself a ma
tive Bohemian, and prominent lin
: guist in st. Louis, came to Mexic
!, the first part of September an
translated it.
In the will, Cernoch left all of hi
: property to his wife except for be
e quests of $40 to each of his ten chi
: dren. He stipulated that he be bu1
h led in cheap coffin, expenses for tn
1 funeral coming from the estate, an
! that the remainder of his money ar
n his farm be held in trust for the chi
J. dren after the death Of his wife.
" The script of the original will
'e very much like that of the Germs
70 language. In all legal details Il
will is correct.
Mexico weekly ledger., 1918-10-17
WESTERN AUDRAIN.

Robert Featherston and family of
Paris spent the week end at the home
of Walter Featherston.
O. M. Featherston and wife have
returned from the Mayo Brothers
Hospital. Mr.. Featherston will re-
turn for treatment at that place in a
few weeks.
Frank Pollard is at home on fur
Tough.
Miss Mae Hofriehter visited her
home folks at Molino last Sunday.
Buford Littrell and wife have re-
turned from visit to Rock Island, Ill.
Robert Smith and wife have moved
to Sturgeon to spend the winter.
Ed Dulaney recently sold his $50 A.
farm to an Iowa man for $S5 per A.
Joe Dougherty has traded his
farm for Texas land. We are glad tc
say that he will not move away from
the neighborhood.
The Misses Krocker of st. Louis are
visiting the Ess sisters at the Esi
homestead.
N. S. Mallory has returned from
visit in Kentucky.
Alvin Hodge sold mule colt re
Gently for $165.
At the Lawyer sale cows brough
from 500 to $93. Yearling heifers av
eraged about $50; spring calves
$26.25.
Albert Proctor sold Lee Cotting
ham mule colt for $3.50.
Mrs. Louie Young Of Hannibal
visiting at the Pollard homestead.
School at Dutch College is closed o
: account of one case of Spanish infl,
|, enza.
Y 7. B. Robinson went to Rochepol
last week and bought fine registert
d spotted Poland boar, to add to h
n herd of thoroughbreds. He sold
! jack to DR.. J. L. Sappington Of Ce,
|, Sralia at fancy price.
:. Misses Elizabeth Bolts who wiel
g the birch at Macedonia visited in Me
IS leo last week end.
If W. W. Crosswhite attended b
d sale in Huntsville last Tuesday.
is L. E. Holbrook, Of Laddonia, is t
guest of George Barker this WEI
II Mr. Holbrook reports much whe
It, sown in his part Of the country.
Mexico weekly ledger., 1918-10-17
LOCAL RED CROSS
TO AID N NURSING

The local Red Cross Home Service
Department has taken charge Of sup
plying nurses 10 aid in the fight
against Spanish Influenza here. Those
who have already volunteered and are
at work are; Miss Mar
garet Wilson, Mrs. Wn. Walker
johnson, Mrs. ]. Z .Durkee, Mrs. E. S.
Wilson, Mrs. F. P. VanNess and Miss
Pauline VanNess. The Red Cross has
supplied these workers with the nee
essary masks. They will give a big
part Of their time to caring for the
many cases at the Missouri Military
Academy.
Mrs. F p. VanNess, chairman Of
the Home Service Department, ask
that all those who took the Nurses
Aid course last year and are willing
to volunteer, especially for nigh
work, call her at phone 517 at once
Nurses are needed for the nigh
] work especially.
This action is necessary because i
is impossible to procure traine'
nurses. Those with a knowledge o
practical nursing are also asked Il
aid. A local physician called st. Loui
to procure six trained nurses and wa
notified that they could not be had.
Many Mexico women last winte
took Red Cross courses in the HON
Care of the Sick, Nurses Aid train
ing and First Aid. All of them hav
, an opportunity now to place thi
/ training in actual use.
Mexico weekly ledger., 1918-10-17
ARMS OF HUNS MUST
BE STACKED ON BATTLE
LINE"-HY. WATTERSON

LOUISVILLE, KY, Oct. 14.-The
Courier-Journal says editorially:
"The arms Of Germany and Aus
tria must be stacked on the battle
line. Their troops must return to
their own borders without the instru-
ments of warfare. The reply Of Max
milan, thus enforced by the Allies
will then in reality be the uncondi-
tional surrender which democracy and
liberty and civilization finds neces'
sary to keep the world a safe place
for them to grow in and for man
kind to work out in the destiny which
God intended. This is the spirit O.
| America and her allies. The Presi
dent may be trusted to breathe it il
the clarity and beauty Of its concep
tion. Wait for him before you talk o
even think of peace. The terms hav
always been and must always be tw
words: Unconditional Surrender"
Mexico weekly ledger., 1918-10-17
TO DEDICATE SERVICE FLAG

The dedication of the service flag
of st. Brendan's Catholic Church of
this city, which was to have been
Sunday afternoon at 8 o'clock, has
been postponed until 8 p. m. Sun
-day, October 20, because of the
Spanish influenza closing order.
The flag has thirty-one stars on 1t
and the dedication services will be
most impressive and attract large
crowd
Mexico weekly ledger., 1918-10-17
r. c. CHAPTERS TO MERGE

The two Red Cross chapters of
Vandalia and Mexico have decided to
merge and at meeting of the exec
utive committee Of the Red Cross
Tuesday afternoon they decided to
take as their name the Audrain coun-
ty chapter and final arrangements for
this merging were completed.
Other business taken up at the
meeting was the conference between
the two chapters which will be held
soon to finish all business. The del
egates elected to this meeting wert
Mrs. ]. Z. Durkee, Mrs. P. E. Coz
and L. 3. Hawthorne AT this meet
ing the location of the chapter head
quarters will be chosen.
Mexico weekly ledger., 1918-10-17
R. 9. MEETING AT LADDoNIA

The members Of the Mexico Red
Cross and of the Laddonia Red
Cross met Thursday afternoon at
Laddonia and made further plans for
the consolidation of the two shap-
ters into the Audrain county Red
Cross. The Mexico Chapter and the
Laddonia Chapter will now be known
as branches of the county organiza-
ton,
There were about seventy five
members present at the meeting. An
executive committee will be APP
pointed in a few days from the diff
ferent chapters and auxiliaries Of
the county and the officers for the
ensuing year will be elected by them.
AS soon as the organization Of the
county unit is completed, county
headquarters will be chosen here in
Mexico.
The delegates from Mexico going
J te Thursdays meeting were: Mrs
Frank Van Ness, Mrs. Frank San
ford, Mrs. Paul E. Coil, Mrs. ]. e
Durkee and L B. Hawthorne.