davidaulloa/AmericanStories huggingface dataset:
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06

! snakes. hsll tnem Win theif own
poison. OF course. II you can
Nature herself seems 10 tire OF war
and bloodshed The strange plague
OF influenza that prostrafed hum
dreds OF thousands In Spain and then
jumped 10 Germany. has now reached
England, II is democratic epi-
domic. The Spanish King had a
touch OF it. In London. theatre
chorus girls and telephone girls are
victims, and fishermen at sea are
struck with IT,
Would that this plague might
reach in violence and incurable form
the FAN Highest" assassin. and his
son. No other war ranger apparent
ly will penetrate the safety system
devised for that family. IL they could
spend the rest of their lives sneexing
and gesundheiting. It might make
them regret starting the war.
The human race takes its plaques
more sanely than IL used TO. BUSH
ness places are sprayed with disin
fectants. employees are supplied with
Quinine.
There was time not SO long ago
when the authorities would burn a
few Jews alive on the starting of q
plague, in the hope that the burning
would please God Almighty and per-
suade Him to stop the disease. This
was at least curious. for His own BIZ |
Bile declared the Jews to be His
chosen people, and He chose Jewish |
girl to be the mother OF His only son
Some discrimination was usuaRy
shown in the Jews selected for sacri-
flee. They picked out the richest,
with property worth stealing
This unpleasant detail is printed
20 remind you that the world has inn
proved little. even II we are butch
ering each other wholesale. We at
least no longer torture and kill. pre-
tending that we do II for the glory of
God. The Kaiser does. II is true. but
he does not belong to ehis age.
Discipline is going to pieces in the
German army, so the cables say, es-
pecially among German soldiers
frought from the Russian front.
Prussian soldiers on that frontier
spent several months fraternizing with
treamy-eye Bolsheviki. whose motto
was, What's the use OF fighting or
calling any man master when you can
lrink vodka and become a king In
five minutes'"
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06
the civilized French mind a. Il Is con
genial to the Prussian

II is not pleasant to think of rain
cf dynamite from the sky But that
is what Germany needs and what she
H. going to hase--t there need be no
mistakes about that.
What are you 10 do with rattle
snakes. XIII them with their own
poison. OF course. II you can,
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06
~.s 10Y OF LIVING

To ENJOY iir we must have gocd
health. No one can hope 10 get much
real pleasure out OF life when his
bowels are clogged good shsre Of
the time and the poisons that shouA
be expelled are absorbed into the sys-
tenn. producing headache and indiges-
ton. A few doses OF Chamberlain's
Tablets will move the bowels
strengthen the digestion and give you
a real chance to realize the real JOY
OF living. Try II.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06

Telegraph strike called for July
s."
But there won't be any telegraph
strike. There may, and there ought
10 be, Government control and own
ership OF telegraphs and telephones
and the talk of strike should help
that along.
Could anything be more preposter-
Gus than private ownershiup and con-
troll OF the means OF communication
between all the people? You could
understand the inmates OF lunatic
asylum being compelled to talk TO
each other through their keepers and
on conditions arranged by the keep
ers.
But can you understand an INTEL
ligent people permitting selfish pri-
vste ownership to control national
means OF communication. with quar-
rels about wages causing strikes and
With wire tapping and other devices
between timess
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06

sAvsMcs svAMpA
-HslP WIN tina WAR; sVv
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06

IspoRrANr OoARo NETTING.
ne Lsoa cssnsy nEsestlvs nssrt
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-07-06

Telegraph July the
Most OF these
New-York tribune., 1918-05-16
Elections

John F. Harris has been elected q
director Of the Kansas City Southern
Railway Company, succeeding the late
Herman Siecklen. The retiring mem
bers of the board were reelected.
Arthur j. Cummock, of Catlin &
Co., has been elected a trustee of
the New York Trust Company.
j. B. Hollis has been elected a di-
rector of the F. w. Woolworth Com
pany, succeeding Henry Goldman. re.
signed. The other retiring directors
were reelected.
Horace Fortescue, vice-president of
the Philadelphia National Bank, has
been appointed cashier, succeeding o.
Howard Wolfe, who resigned to engage
in Y. NJ. c.. A. war service. Mr.. Fortes-
cue will continue his duties as vice
president.
G. w. Parkhurst has been elected a
director of the New York Mutual Gas
Light Company, succeeding the late R.
M. Galloway.
B. Lisbenger has been elected presi-
dent OF the Page Steel and Wire Com
pany, of Chicago, succeeding the late
A. Clement.
Frederic w. Frost, ]. Wallace Adams,
Walter c. Stokes, Edwin S. Schenck,
George H. Robinson, Walter Watson
Stokes, G. Taylor Emery and Philip j.
Rose have been elected directors of
the Manhattan Insurance Company.
New-York tribune., 1918-05-16
Redemption Fund
Halts Liberty Bond
Slump, Bankers Say
New Issue Brings 98.12 at
Closing Sale ON the
Exchange

The decline in the Az per cent bonds
of the third Liberty Loan was checked
yesterday when the per cent redcmp-
tion fund connected with tae issue was
brought into use through the Federal
Reserve Bank here, according to the
explanation offered by bankers to in
terpret the rally in the bonds after they
had slumped from the opening price of
97.S0 to 97.76. The closing sale a,
9S.12, the high quotation of the day,
compared with Tuesdays last transac-
tion at 97.S0. The lowest price at
wlich the bonds sold since they were
change last Friday was 97.52 in Tues
days session.
The turnover in the new bonds yes
terday amounted to slightly more than
$4,000 900, compared with transactions
Of S3,550,00O the day they were first
dealt in. The second 4s, on which the
first semi-annual interest payment be-
came due yesterday, sold down to 949O,
compared with the low record price Of
94.70 reached earlier in the year. This
issued closed on Tuesday at 9498
The ak per cent bonds were steady
throughout yesterdays session, closing
at 1896, compared with the last sale
on Tuesday at $685.
In the general bond market yester-
day new high records were made for
United States Rubber 5s, Hudson e.
Manhattan 5s, Midvale Steel 5s, and
several other industrial and railway
issues. Low-priced railroad bonds
were in good demand on the belief that
the. proposed increase of Is per cent
IN freight rates will eventually become
effective.
The manner in which the bond mar
ket has shared in the recent display of
strength in stocks has led to the be-
lief that much new financing will be
attempted by bankers in the near fut-
ure irrespective of the aid granted by
the War Finance Corporation to cor
porations who need funds immediately.
In some quarters the general rise in
security values that has taken place
over the last fortnight is said to be
looked upon with favor by officials of
the Treasury Department for the rea-
son that it is expected to create public
sentiment favorable to new invest
mentS.
New-York tribune., 1918-05-16
Lewis E. Pierson
Urges ''Ministry
Of Reconstruction
Banker Sketches After-the
War Preparations of Other
Countries

GALVESTON. Tex, May 15.-Lewis
E. Pierson, chairman Of tho board of
the Irving National Bank Of New
York, in an address here TODAY
before the Texas Bankers Association
asked. where is our ministry Of -.
construction" ?" He urged that America
begin to give systematic attention +o
the economic after-the-war problem, /,
that are certain to arise.
However unprepared economicallv. -
Mr.. pierson said, I'VE in the United
States may be for the afterAhe-war
world demands, we must not deludc
ourselves with the belief that we shalt
be ailowes to operate In a world ~
economic unpreparedness. The other
countries, our frineds and foes allie
are making no mistake upon this point:
they are giving full consideration 70
the cxigencics Of war, but they ara not
falling to include in every war nInn
consideration for the exigencies Of The
peace which the end Of the war will
bring.
I'm England most elaborate prem
arations are being made whereby may
be secured from after-the-war world
trade the substance which will be re-
quired in reclsiming and making safe
the empires position ID the world.
New-York tribune., 1918-05-16
Saving r. r. Expenses
New information System for
Shippers Is Planned

WASHINGTON, May 15.-Plans for
curtailing the expense of railroads
traffic organizations without cutting off
sources of information to shippers con-
cerning rates and routings were out
lined to-day by Edward Chambers, traf-
fic director of the railroad administra-
ton, in instructions to the three re-
gional directors: The instructions
were made public to allay shippers
anxiety lest they get unsatisfactory
service as result of the closing Of
many traffic Offices in accordance with
orders by Director General McAdoo as
an economy measure. Reports reach
ing the railroad administration indicate
that some companies went too far in
eliminating offices.
Mr.. Chambers now suggests that suf-
fcient information can be furnished
through the joint tariff bureaus main
tanned by railroads in the principal
conn, commercial centres, including New
York. Chicago, st. Louis, Atlanta and
San Francisco, with sub-bureaus in the
most important shipping regions.
New-York tribune., 1918-05-16

Finance Economics
% nIca " FiCH1 Telephones


There was no abatement Of spec
ulative interest in the stock mar
ket yesterday. Transactions at the
Exchange again approximated a
million and quarter shares. Prices
Of both industrial and railway
stocks rose sharply at times in re-
sponse to heavy buying and despite
temporary reactions, the leading is
sues closed with substantial net
gains. Certain stocks appeared to
be in limited supply, notably Bald
win Locomotive, which mounted in
sensational manner in the closing
hour. Movements in other parts of
the list were more modest, although
the general trend was Enthusiastically
upward. News having a direct bear
ing on the market was meagre, al
though Importance was attached to
the Washington advices that the
government is about to close a con-
tract with one of the independent
steel companies for the construction
and operation of an ordnance plant
for the manufacture of heavy guns.
The market has now reached q
stage in the advancing movement
where large amounts of stock are
being sold by traders who bought at
prices substantially below present
levels, and are taking their specu-
lative profits. So far, offerings of
this character have been absorbed
with comparative ease.
Conditions in the iron and steel
industry continue to reflect graft
flying improvement. The recovery
from the unfavorable operating re-
suits of the first two months of the
current year has been striking. Pro-
duction statistics made public yes
terday, indicate that in the month
OF April the output of steel ingots
in the United States was at the an
nual rate Of more than $4,000, 900
tons. Results thus far for the cur
rent month are said to be equally
satisfactory, and it is asserted that
the subsidiaries of the United States
Steel Corporation in the last two
weeks have been operating at an
average Of 95 per cent to SO per
cent Of capacity. In order to meet
the war emergency for steel, fur
naces are being operated continu-
ously. 1t is now apparent that if
the transportation system furnishes
adequate service during the remain
der Of the year, the supply of steel
will be ample to meet all REQUIRE
ments. It is understood that an ef-
fort is being made to produce p
surplus Of certain kinds of steel
sufficient to meet the demand in the
winter months, when production
usually falls off because of unfavor-
able operating conditions.
New-York tribune., 1918-05-16
Regular Declarations

Minnesota Sugar Company - Quarterly
dividends Of TX per cent on the preferred
and 2As per cent on the common stocks,
both payable June l to stockholders of rec
ord May IS.
ly dividend of $175 per share on the pre-
ferred stock. payable June i to stockholders
of record May 21; also the regular quarterly
dividend of $1.25 per share on the common.
payable July Is to stockholders of record
July 8.
National Sugar Refining Company of New
Jersey.-Quarterly dividend of ~ per cent
on the capital stock, payable July 2 to stock
holders of record June 10.
North Pennsylvania Railroad Companv.-
quarterly dividend of 2 per cent. payable
May 25 to stockholders of record May 15
Pennsylvania Lighting Company.-Semi-
annual dividend Of u per cent on the COM
mon stock, payable May 81 to stockholders
of record May 81.
Reading Company.-Quarterly dividend Of
per cent on the second preferred stock.
payable July II to stockholders of record
June Is.
Standard Oil Company of New Jersey
quarterly dividend of SIS per share, payable
June 15 to stockholders Of record May 20.
Standard on Cloth Company.-Quarteriy
class preferred stocks and a dividend of
| per cent on the common stock, all divi-
dends payable July to stockholders Of rec
ord June Is.
United States Gypsum Company.-Quarter-
~ dividend Of q per cent on the preferred
stock. payable June 80 to stockholders Of
record June 90
Cities Service Company.-Monthly divi-
dends of II u per cent on the preferred stock ::
and ls per cent in cash and q per cent in
stock on the common. all dividends payable
July to stockholders of record June is
Cuban-American Sugar Company.-Quar-
terly dividends of 2l. per cent on the COM
mon and q per cent on the preferred stocks
June Is.
Republic Iron 8 Steel Company.-Quarter-
ly dividend of w per cent on the common
stock. payable August to stockholders Of
record July 20 also the, regular. quarterly,
dividend Of ~ per cent on the preferred
stock, payable July / to stockholders of rec
ord June 18.
Pittsburgh Brewing Company.--Quarterlv
dividend of la of per cent on the common
stock. payable June Is to stockholders of rec
ord June l.; the regular quarterly dividend
OF ls4 per cent on the preferred stock was
also declared. payable May 81 to stockholders
OF record May 20.
New-York tribune., 1918-05-16
Ir1got Production
In April Reaches
New High Speed
Trade Anticipates Surplus
After Government
Is Supplied

Vastly larger steel ingot production
for April than for the previous months
this year is shown in the complete sta
tistics for last month. 1ngot produc-
ton was at the annual rate of 49,
100000 tons in April. And, according
to "The Iron Age" full year at that
speed would result in marked sur
plus over direct and indirect war
needs.
This condition offered encourage
mcnt to iron and steel jobbers, who
have recently presented their appeal
for steel for their customers to Wash
ington. Like the manufacturers, the
jobbers are beginning to ask buyers to
indicate why their needs are essential
to war purposes. 1t is felt in the steel
trade that though the chances of get
ting the metal have improved priority
difficulties are likely to prove almost
insurmountable' obstacles.
Ship Plate Needs
In reviewing the present outlook in
the industry, "Thc Iron Age" points
out: "Ship plate and shell steel pro-
grams have been expanded in the past
week. In addition to 100000 tons of
shell steel at first scheduled for this
year, 100000 tons is now figured on
up to April /. Ship plate requiremc cnts
for 1918 are now put at 1,45O,0OO tons
and those for 1919 at 1,S50,000 tons.
With plate mills that will be COM
pleted in 1918, capacity of all kinds Of
plates by the end of the year will cX
ceed 100000 tons.
material for the 100000 cars the
Government has bought has not been
placed and more delays are ahead. It
was planned to have steel wheels for
$4,000 cars, but to save steel cast iron
wheels will be used for many of these.
"The Iron Trade Review" in it's
analysis Of current trends in the steel
world, says: tremendous new re-
dsclosd. apparently underlie the Gov
ernment's anxiety to command the
Fall output of mills and furnaces. A
great ordnance program, in which the
steel corporation finally has agreed to
take the leading part, is significant of
+, other enterprises of corresponding
magnitude which now are being ma
tured. Construction plans unparalleled
in their size and requirements are tax
/ ing form. A government fabricating
plant is reported to be among the pos
sibilities. Producers quickly have ad-
justed themselves to the view that at
least six months Of full operations ex-
clusively on government business will
be necessary.
The Foreign Demands
"Despite all that is being said, how
ever, as to the insuhiciency of the
iron and steel supply for government
requirements, the authoritative opin-
ion of the industry is that not only
will there be enough for war purposes,
but in time some will be left over for
commercial use. The needs of the al
lied governments are surprisingly
large in shell bars. Seven hundred
fifty thousands tons each, it is stated,
will be needed at an early date for
England. France and Italy. The Brit
ish continue to call for an unexpected
ly large tonnage of plates, shell steel
and rails"
New-York tribune., 1918-05-16
Relevant Comment
Baldwin's Spectacular Rise

Baldwin Locomotive supplied the fire.
works Of yesterdays stock market ses-
sion by selling from 8S1A up to 81, a
gain Of 91s points over Tuesdays last
sale. The activity was most pronounced
in the last hour of trading, when most
of the gain was made. Accompany
ing the rise We're the usual rumors
that have been current for a month
One of these was that the company's
financial structure is to be revamped
in way that will favor the stock
holders. In one quarter it was sug-
gested that Baldwin was getting big.
slice Of the munition contracts being
parcelled out by the government and
that in some way the company would
benefit from the orders to be turned
over to the new ordnance plant to be
built for the Midvale Steel and
Ordnance Company, announcement of
which was made from Washington yes.
terday. Yesterdays high price for
Baldwin compared with this years low
of 5G1s, and a high record price of
154h, reached in the bull market of
1915: The company has not paid any
dividends on its common stock since
1914, when 2 per cent was the annual
rate
New-York tribune., 1918-05-16
Butte & Superior Company's
Earnings Show Decrease

The Butte and Superior Mining Com
pany yesterday reported profits of
S327,98l for the first quarter of 1918,
compared with $1,O61. .O2O for the cor
responding period of the preceding
year. The earnings before deductions
were made for operating expenses and
taxes were $1,651,0 ,080, a decrease Of
1924, 500.
In the statement issued by the COM
pany it was said that the average price
for spelter used in estimating returns
was 1919 cents pound. The tonnage
of ore milled was 9.7O2 tons more than
during the previous quarter, though
not as great as during tho first quarter
of 1917. =
New-York tribune., 1918-05-16
Government to Control Rice
Millers Sign Agreement With
Herbert Hoover

HOUSTON, Tex, May 15.-Govcrn-
ment control of the rice market, be-
ginning October 1, 1918, was practically
assured to-day by the action of the Rise
Millers' Association, in convention here
voting to sign an agreement drawn IN
by Herbert Hoover, Federal Food Ad-
ministrator.
The agreement provides that the dis
tribution of the 1918 crop shall be con-
trolled by two representatives of the
Southern Rice Growers Association and
one member, of the Rice Millers' AS
sociation, who shall be appointed bv
Food Administrator Hoover, and whose
decision as to grades shall be final. sub
jcct to review only by the food admin
istration.
New-York tribune., 1918-05-16
Corporate. Returns
New Orleans, Texas & Mexico Rail.

New Orleans, Texas & Mexico Rail-
way.-The company reports gross oper-
ating revenue of S6,661, ,229 for the year
ended December 81, 1917, compared
with S6,410,378 for the previous year.
Net revenue amounted to $2,467,9O4,
against $2,ose,1o1 for 1915. Other in
come totalled s3O5,592, bringing the
total income to S2,487 1888, compared
with S2,044,8O5 for the preceding year.
Surplus for the year was Sl,253,6S7.
Detroit Edison Company.-Operating
revenue for April was ss7S,679, COM
pared with S782, ,180 for the same pc
riod of last year. Gross revenue
amounted to S1,O90,296, from which ex-
penses of S732,112 and depreciation re-
serve of $57,865 were deducted. Net
income totalled S300,319. Operating
revenue for the four months of 1918
was 1866, ,032. Expenses were $685.
SIS. against S2,70S,633. Net for the
period amounted to $973,894.
Vacuum Oil Company. - Statement
for the year ended December 81, 1918,
is equal to S62 a share, compared with
$9,221 ,937, or S61.47 share earned in
1916. Income and excess profit taxes
were S2,617,922.
North American Pulp & Paper Com
panies Trust.-The consolidated in.
come account for the year ended De-
cember 81 last shows gross operat.
ing revenue of $3,52S,45l, compared
with S3,963,110 for the preceding
year. Operating expenses were $685.
o97, leaving operating profit of $685.
354, against $600,013 for the year be-
tore. Other income amounted to S629,-
1856, bringing the total income to ST.
3l8,7 TAO, from which general expenses
of $257 $40 and interest, ETC., of $685.
235 We're deducted. Minority interest
totalled $59,563, an increase of s56,5n
over the previous year. Surplus for
the year amounted to S45,602~
Jones Brothers Tea Company, Inc.
Sales for April totalled S1,109,lSO,
an increase of $192,759 over the cor
responding month of last year. Sales
for the first four months of 1913
amounted to 1,7O2, compared with
S3,52O,0S9 for the same period Of 1917.
Alaska Gold Mines Company.--Re.
port for the firss quarter of fslS
oHo"S SIoSS earnings OIL 9otlWSss
against S539,4S8 for the correspond
ing quarter of the year before.
Operating expenses were S375,SS4,
decrease Of s55,S6A from the first
quarter of the preceding year. 0perat,
ing deficit amounted to S4,340. Totai
deficit for the quarter was sS,0lS,
compared with profit of Sll3,043 TOT
the same period of 1917.
McCrory Stores Corporation. - Re-
port for April Shows sales Of $680,4Os.
compared with $573,369 for the same
month Of the previous year. Sales
for the four months ended April ~
amounted to S2,526,763 against $2,i4S'..
1856 for the corresponding period o.
last year.
Cities Service Company. - Gross
earnings for April were Sl.SS5,5es,
compared with $l,609,013 for the cor.
responding month of last year. Nes
amounted to $1,s4s,497, an increase o.
$270,372 over the same period OF iyli;
Surplus, after charges, totaiieo
$I,84S,2s5. Gross earnings fer the
twelve months ended April 80. isss
were S20.127,717, against s14,361 ,95Z icl
the corresponding months of the pre-,
ceding year. Surplus for the pcriou
totallcd S19.745,0S1, an increase o
$5,74S,470 over the same period Of Isss
New-York tribune., 1918-05-16
New Portuguese
Bank in Brazil

A new bank has just been incorpo-
rated IN Rio de Janeiro under the name
OF "banco Portuguez do Brazil" The
capital of the new bank is $4,000 con,
tos tabout $6,250,00O in American cur
rcncy). divided into l25,0O0 shares of
2oo mllreis (about $500 each The
STOCK, OF which more than 100000
shares have already been subscribed. is
held by great many Portuguese
firms in Rio dc Janeiro, no single
shareholder possessing more than $500
shares.
New-York tribune., 1918-05-16

The above rates express the cost of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling at, say, s4.757s. The intrinsic
parity is $4:S69s per pound. Thus you
say either that pounds are at discount
or that dollars are at premium, which
is owing to the fact that in England
the demand for dollars with which to
settle accounts in this country is greater
than the demand in this country for
pounds with which to settle accounts in
England.