davidaulloa/AmericanStories huggingface dataset:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03
sum total of all the demands included
all the correspondence.
Given Additional Information.

tpttcn aAuOltofiat
Acquiring the correspondence. or
copies of it. has given the commission
additional information To include in
the report now being prepared Tor
the consideration of President Wilson.
The Needer papers, in the beiiet or
officials of the commission, constitute
the most important portion OF the IN
vestigation of the packing industries
by Francis J. Heney. California at
torney, who conducted the sensational
! inquiry OF last winter. They give the
real inside" history of the larger
! packers and notably that of Swift d
company.
/ 1t is an open secret here that the
very nature OF the correspondence as
sisted Mr.. Veeder to accede to the de-
/ mands as presented TO him by the rep
! rescntatives of the commission. Had
/ he refused, the entire matter would
: have again been projected into the
! courts. And in this. event the de-
! mands would have been made public.
! Moreover, attorneys for the commits
sion are confident that that body's pow
| er to inquire into the dealings of cor
| porations and examine their cor
respondence would have been upheld
The Needer correspondence was tho
| subject of Mr.. Heney's most persistent
| efforts. In the application for the
| search warrant. which was granted by
/ Federal Judge lands in Chicago, the
! files of letters and communications
were listed under the names of per
sons widely known In this country.
While no faint whatever was attach
I ed to some-because of the fact that
they were known to be inimicable TO
the packers interests--there were 9TH
ers who figured in close connection
with the packers, This was establish
| ed In the Heuey expose.
The commission Is unwilling TO make
| public the demands. chiefly because
( of their sensational character. 1t is
! entirely possible. however. that IT will
| be called upon for them and also the
! correspondence when congress gets
! busy on a taxation program designed
] to curb excess war profits.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03

Mrs. Y. A, Cleaton died at Twin
Oaks. MeCklonhurg county, June s
Mrs. Cleaton had been an invalid
FOR ten years and her death was not
unexpected. She was the daughter
of the late Captain Dowdy OF Lunen-
burg county. The funeral services
were conducted by DR., Payne and
interment was In the family burying
ground,
Mrs Cleaton is survived by two
sons w. II Cleaton, of South Rich
mond and Rev. Preston y. CIeaton.
OF the Army Y. NJ. G. A.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03

RICHMOND -rocK nARKAr.

New York July Raw sugar, duh.
SOS, refined. unchanged.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03

as lew YORK. July 2,--Prices throue h.
s&eNf nearly the entire curb list IN
S19nved today over the hnals Of yester~
Nv. The dealings were in better vol
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03

vrre than they have been recently.
Houston OH sold on more than four
points The balance Of the oil list vac
auist but frmNr
Iudustrials generally were Improved
az regards prices ard dealings wer" in
larger volume Metal stooks were
IN ore scttvA and roppera were frmer.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03

New York, july "A besrtsh gov
Arnment report and declines IN he spot
J article in TIE South led - extensive
settling and severe LOSSES IN ire Got-
ton market today.
Trading was numerous and fairly
active ar the opening. There was CON
siderable evening up ~ accounts IN
4. preparation for the government re-
port
n Following the publication Of the re-
( pert the market broke sharply under
u isculdation and renewed outside sell
Jag The break extended 10 % % for
y October with active months generally
& showing net losses Of some "a u SO
S6poin,s and with bearish sentiment much
san evidence
81 pr.ces remained within a few points
Ssrf the lowest about midday
NJ MISUNDERSTANDING continued heavy
3yt-.d& demand the market ruled barely
M#Stea6y in The early afternoon
# TIL. demand from trade sources ap-
~ peared 70 hzve been pretty we'll sup
III fsiied during the middle NJ the day and
Toe market weakened toward ? ociock
Private reports Of good rains in two
gMof tsae leading producing counties Of
sK~entral Tsxss-~NcLennan and Ellis
led TO renewed heavy selling in the
z83ase hour aud a decline INTO new low
Iround for the day. The close was
BARELY steady at net decline Of 50
An liz points
The receipts az the ports for the dav
twere s.oi7 bales compared with a.7lo
ISLES week ago. and 1885, bales a
rkAr age.
There were no clesrances
Hrnt herE was avte, at decline ~
Ii points at gle Sor nliddling; there
lfere no sales
Spot at New Orleans was quiet az
i A~cline Of ic at soc sales 2ss bales.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03
Eli Mnney.

New York July Mooney on call
opaned AZ per cent. high. per
cent: low, 4 per cent; close per
cent Most of the DAYS loans we're
made at per cent Time money prAr-'
ttcR4iv unchanged Mercantile paper,
per CENT
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-07-03
RICHMOND HAY mARKfNT.
Wholesale Quotations GA 'S1hanmeb
RICHMOND FRUIT MARKET.

tvhoIewaIe Quotations by NontEom-
cry. a Co.. Commission Merchants
1902 East Cary street. Madison 22t|
L. = Food Administration License
No. G-I53181.>
Richmond, Va. July 2. 1918.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01

Wall Streets first Interpretation of
the news that large shipment or gen
uine Sumatra tobacco was on its way
to this country was expressed in selling
American Sumatra short and the stock
receded under heavy Offering OF stocks.
This news did not become generally
known until after the opening. but trad
ers lost no time in putting out short
lines as soon as they heard II. The
theory of these traders was that with
enough imported Sumatra leaf in this
country TO wrap over 3.000, 600 600 cigars
the earnings of the American Sumatra
Company would be adversely affected, for
this is practically half years consump-
ton of the cigars used in this country
and Canada, Tobacco men were not SO
greatly disturbed. however as the pro-
PERSONALS, for 1t was pointed out that
the heavy duty on imported tobacco
would go "A long way toward making up
the difference in the selling prices CT the
imported product and the domestic SUI
matra leaf. on the sl4,000,000 worth
of Sumatra tobacCs reported coming
duty of $4,000, 600 will have to be paid.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
Public Utilities stronr.

Public utility Stockholders had some
announcement from the increase in
rates for Peoples Gas Light and Coke
Company and the recomme ndation BY
the Hughes report that the Brooklyn
Borough Gas Company be allowed TO
raise its charges from so cents to s125
a thousand feet This group OF secur-
ties were unusually active and in the
early trading pushed forward to higher
levels. while the general list was under
some pressure. The Importance OF the
more liberal attitude toward public SER.
vice corporations was quickly realized by
traders and bulge in this class OF stocks
resulted. In connection with public utIl-
tiles it was said by a banker that moth
ing further could be done on the pro-
posed $100.00000 public utility corpora
ton, to be f~Ianced by a number of
banks. until Secretary OF the Treasury
McAsdoo returned to Washington Those
interested In the project are waiting for
Mr.. McAdoo's rulings on how the con-
templated corporation shall handle its
work. one important point being how far
II can go in assisting needed financing
OF public utilities. The War Finance
Corporation limits It's aid to about 80
per cent. Of the total required. and II Is
not known whether the Secretary OF the
Treasury will approve of anything more
than this in the case of public utilities.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
Custom House ReceAts.

Receipts for duties at the Custom
House yesterday were s3S4.O7050, Of
which $l40.S75.91 was for merchandise
withdrawn from bonded warehouses and
s24sl9i59 for recent importations. The
receipts for the month were Ss.171.-
3439S,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01

the hest managed corporations OF the
country thinks about the current devel-
opment of taxation plans in Washington
In the discussion in the Ways and Means
Committee OF the House. TO be sure.
there had been few who since the sub
mission OF the LackawaQna Steel and
Republic Iron and steel reports for the
June quarter have had any special mis-
givings on the subject OF the dividend
even In view OF the increase of tax
charges for which the United States
Steel management has allowed in the
June quarter, Allowing for the normal
charges for interest on bonds, preferred
dividend and depreciation, United States
Steel common appears TO have earned Mt
about the following yearly rate In the
six months OF 1918. and the development
since January is of special interest :
January l4h per cent: February
24i per cent, March &c per cent :
April. 32h per cent. May, 3iH per
cent, and June. 31& per cent"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
Spendthrift MuntcipaIities

American extravaganza is eXemplified
by some figures of the expenditures OF
cities in the United States, compiled by
the American Exchange National Bank
which show that more than half OF the
cities of over 10000 population are
spending more than they receive. TOO
many American cities" says the bank,
spend more money than they receive In
taxes and revenue. Wien the floating
debt becomes troublesome, they issue
bonds to cover II. In some cases the
greater part OF the funded debt repre-
sents the accumulation of annual deficits
During the fiscal year 1917 l29 cities out
OF 219 having a population Of more than
80, 900 spent S69,461.3;2. or 50 90 a head.
more than they received. while In the
other ninety cities revenue exceeded ex-
pendtures by $29,976,929. or S1.75 a
head"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
Domestic Ore supply.

"The makers of ferro-mau@a0ose are
doing all in their power to carry out '7h
plan. In order to insure the production
Of a steady and adequate supply OF d.
nestle ores It is necessary for them 70
make commitments many months ahead
The policy OF hand to mouth purchasing
will not bring out the Quautitlr~ '' ora
necessary to safeguard the industry
"In order that this program" may
be successfully carried out II Is r"''''
sary for the consumers OF f'ri'-nH"
ganese to make commitments f'r 'het
requirements reasonably In advance
Otherwise the situation. which - mol
over secure to-day. will rapidly boone
acute and the steel industry may 'As
an actual shortage.
at is, therefore. apparent tNa' cone
sumers should continue their uSEu, ''''
tom Of covering their recurrence ~
advance for considerable rrr''I %
time. Only in this way can -" '.a''
tenance OF a steady and sun Lent 'p
ply be assured"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
Mexican Petroleum.

Mexican Petrolsum's response to buy
ing by those close to the company's
management attracted not little out
side following, and with the overdue 1917
annual report OF the company expected
to-day, in conjunction with favorable
press dispatches from Mexico regarding
lower oil taxes on American owned prop
critics. there was plenty OF news to In
nuence the stocks market action. In
addition an announcement on the re-
ported settlement of the long standing
differences between the Mexican Petro-
leum interests and Lord Cowdray,
whereby the Mexican Petroleum would
be able to acquire new valuable oil
lands is expected soon by those IA
miliar with the situation.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
General Motors.

General Motors present market posi-
tion is trying one for traders. who are
uncertain regarding what position to
take on H.. for while it was announced
L. st week that the new stock has been
approved by the Capital Issues Commit
tee no assurance OF when the stock will
be issued has been given. At its low
figure yesterday the stock was off "a
points from the high OF last Friday and
the manner Of its decline made il almost
impossible for traders 10 take advantage
Of the drop. =. financial man who Is well
Informed on General Motors expressed
the opinion yesterday that II would en-
Joy drifting course in the immediate
future, but as he REFLECTED to specify
which way IL would swing shorts can
hardly find much encoura cement in that.
He added that nothing definite had yet
been decided as to when the merger OF
the various companies previously men
toned in connection with General Motors
would be effected
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01

An unusually good analysis OF tn.
Steel earnings was presented by promi
nent stock Exchange partner. who said
1T seems very fair TO assume that t.,
declaration OF the AZ per cent. DIVIDEND
on United States Steel common stock fo
the quarter is the best possible evidenc.
of what the most important and one o
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01

Four years ago to-day the Stock Ex-
change closed its doors In unison with
all the important European exchanges
because of the paralysis OF business
brought about by the opening OF the
world war. In the interval Wall Street
has passed through the valleys OF dis
enlargement and walked on the peaks
Of unrestrained enthusia SIN. with secur-
ity prices following the fluctuating for
tunes Of the various warning countries
At the outbreak of the conflict every
trading centre in the world suspended
business because OF fear of demorali-
cation in the money markets. which
gave birth to what was known as the
gutter market" in New street where
trading in securities was conducted in
the open. At the time Of the >closIng
OF the New York exchange Steel COM
NOR was selling at sou where II opened
when business was resumed five months
later, on December .. There had been
some bond trading permitted in No
vember. but dealings in stocks. with
minimum prices, was not commenced
until December
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
SECURITIES AT AUCTION,

100 shares North birmingham Land Com
pany.
$4,000 the Cross Country Railroad Com
pany first mortgage 4s gold bonds,
due 1881 coupons January ~ and July
Il; $4,000 have July. 1901. coupons
on and $1,000 have January, 1902,
coupons on. sos lot.
$50 shares National OIL Company Of Mex
leo, s1l0 lot.
20 shares Twin city Rapid Transit Com
pany common, 40.
$4,000 Peterborough Metropolitan Company
collateral trust A. &c bonds due 1856;
INTEREST April and Octoher. 81
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-01
GOSSIP OF WALL STREET.
Traders in Control.

No effort was made to celebrate the
dividend action OF the Steel Corporation
directors in yesterdays stock market
and traders operations dominated the
session. In financial circles tho con-
tlnuance of the regular and extra pay
inents was accepted with satisfaction.
but there was a desire to express this
sentiment marketwise. The opinion was
general among prominent bankers and
influential brokers' that while the Steel
earnings were highly favorable unprom-
Using money conditions and the tense
military situation overshadowed every
other event. Their interest In the war
bulletins overrides all else, and. though
1t may not be apparent to the layman,
the financial people were quick to APP
preciate the Significance of Gen. Marchs
statement that the detectives OF the
Germans and the hopes of the Allies
In the counter offensive when they
started have been cast aside and that
the present struggle Is now a battle
to destroy each other. This gave a cue
to their do nothing attitude, and in
the meantime the market was entirely
In the hands Of floor traders.
Smyrna times., 1918-06-12

have returned from a visit to MIR. and
Mrs. R. D. Hoffecker.
Mr.. Irving Porter. of Elizabeth, N.
d. spent Sunday with his parents,
Mr.. and Mrs. E. T. Porter.
Mr.. and Mrs. Howard Buttery and
son. of Brooklyn, N. Y. and Mr.. and
Mrs. Clayton Buttery, of Haverford,
Pa, are visiting Mr.. and Mrs. John
Buttery.
Mrs. James Pawson, of Philadel-
phia. is visiting Mr.. and Mrs Carlton
B. Walls.
Mr.. Edwin Wilson, of Mercersburg
College, and Mr.. Robert Y. WaIlen,
Jr., of Stamford Military Academy,
are home for their summer vacation.
Mrs. L. irving Handy has returned
from a visit to her daughter, DIR. Mar
garet P. Handy, in Baltimore, Md.
Mrs. George F. Brown, of Philadel-
phia, who has been on an extended
visit to relatives in and near Smyrna,
has gone to visit her sister, Mrs.
Frank Neavitt, of Centreville, Md.
Mrs. Charles Weston, of Whining
ton, has returned from visit to her
cousin, Mrs. John w. Clifton.
Mr.. w. G. Lantz, of Philadelphia,
and daughter, Miss Peggy, were re-
cent visitors with Mr.. Lantz's daugh-
ter, Mrs. Carlton B. Walls, of
Smyrna.
Mrs. Schlee, of Montclair, N. j.,
and two children have returned home
from visit to Mr.. Schlee's aunt,
Mrs. Ella Griffith.
Smyrna times., 1918-06-12
"oTA8LE DAY AT DELAWARE
CONTINUED FROM FIRST PAGE

~ smyrna Vicinities where her father
w. l. l. McDOugle, was once pastor.
S"rresident Taft Addresses Alumni
al Ue luncheon given in the old
Slege OratOry for the Alumni and
~''' wives, ex-President Taft spoke e
s.''u, ..''''u,'pOrsneously in happy vein and
~''snted all who heard him. Gov
quo, townsend, Former Governor
Uas'les o.'l Z. Miller, Pierre dupont,
Oaaop Kinsman, President of the
a'u Oh College Trustees, Henry B.
iaolapsOn' and others occupied prom
>. .-sa' places and most of them made
'S'es. The future of the college
NV, NV partially assuming beautiful pro.
h. 1On' y with its wide esplanadesslead.
-. rum = Delaware College to Won.
30 college. the fine buildings and
nr.S iui lawns was the theme fol
s,. eOIment among the alumni anC
O,,,;.. as VI old college who gathered t.
ts',":.p! t.pate in the beautiful June day
Smyrna times., 1918-06-12
CONTROL OF c. g. D. CANAL

Secretary Tucker of Philadelphia Board
of Trade Says Commerce Demands 1t.
William Z. Tucker, secretary of |
the Philadelphia Board of Trade, is
an ardent supporter of the proposed |
purchase and operation of the Chesa-
peake and Delaware Canal by the
government. Mr.. Tucker has given
the matter much thought and, in ex-
pressing his views, said: CONNER
cial necessity demands the acquisition
and improvement of the Chesapeake
and Delaware Canal by the govern
ment. Recent embargoes and con-
gestion of freight would have been
eliminated had this taken place some
years ago, when the subject was first
agitated. Just at present the rail-
roads are overwhelmed with offerings
of freight, and submarines lurking in
the waters off the Jersey coast are a
menace to coastwise shipping. The
railroads would have been relieved
and the danger of coastwise shipping
removed had this canal been so i'm
proved at this time as to accommodate
schooners, barges and other craft.
Virtually all of that country in the
vicinity of the canal is at stand-still
through the inability of consumers to
obtain raw materials in the south and
to ship manufactured products to the
south by water. Many of our ship
yards and other war industries have
been held up because of the slow
movement of freight. This also
would never have occurred had the
canal been improved so as to take
larger vessels. Lumbermen in the
vicinity of Philadelphia have found it
almost impossible to get lumber from
southern markets. Repeatedly there
have been embargoes against Philadel-
phia, Wilmington, Carney's Point
and Chester, where great building
operations are under way, both for
the government and to house the
workers. Never before has the need
been so great for an improved canal
as at present, as practical railroad
men realize that even during peace
] times it would be some years before
' railroad facilities could be expanded
to meet the needs of shippers. AL
n government commissions and bodie:
o who have examined this waterway
have advised its purchase, and com
f mercial men cannot understand WHY
9 Congress has not seen the necessity
d for this action. Of course, 1 have
only touched upon it from a CONNER
d cial w-point, but high navy official
d who are recognized as authorities hav
It said that the canal would be of i'm
: measurable defence value in case ou
shores were besieged by hostile wa
10 ships. Even in its present state tn
J. canal is quite an artery of commerce
h as is shown by the figures ottaine
from the commissioners of navigatio
J. for the year 1916 when L, 164 vessel
\. of So, 143 gross tons passed throng
Smyrna times., 1918-06-12

the canal bound for Philadelphia, and
1. 1873 of So, 163 tons left Philadelphia
for southern points via that waterway.
During that period ITO, 049. 1872 feet
of lumber, PIG, 8O7 railroad ties,
19, $50 tons of cinders, 62, 430 tons
of mine products, 8, ITO tons of pill
ings, 8, 4O8 tons of pig iron. 27, 7,277
cords fo pulp wood. IL, 750 tons of
sand, 8, 23O tons of nitrate of soda,
arrived here from the south via the
canal"
Smyrna times., 1918-06-12
Free of Charge

si, 'ss ,99 soiter with Indigestion, dyspep.
stOns.l .SlpiO liver. constipation, sour
mo ~ eOming-up-of food-after- eat
boi,,s y, s'',' when you can get a sample
At cS.O VI Green's August Flower free
aesi.is ss' g. Swain's drug store. This
psrtisa "s mas remarkable curative pro-
sssissa.n and has demonstrated it's
Rsssa.sy by fifty years of success.
OsdsrsS 'ss : are often caused by dis
al, i s'asle y, laxative. Try it. For
~ civilized countries.--Ady.
Smyrna times., 1918-06-12

Again the state Of Delaware, as on
many previous occasions, is 6rst in
ins. This time it is in reporting the
sgstrants Of the second draft regis
nation held last Wednesday. Word
sa' received by the local board on
saturday, that their reports are first
. reach Provost Marshall General
10Wder's office. The boards are also
! y receipt of rules governing the
S'fk or fight plan which goes into
4sct on July l, and will be in posi-
u'n y 70 furnish more detailed informa-
u0a J, to persons who are subjected to
that rule.
Smyrna times., 1918-06-12

ouite a number in Smyrna wit
,s.ssd the partial eclipse of the sun
" tbe moon last Saturday evening
qbieb was plainly visible in this Sec
lion Of the country. Weather condi-
ions were all that could be desired
md the sun.gazer had an exception
div good opportunity for viewing the
bsduw Of the moon.
Smyrna times., 1918-06-12

,evv1Y INFORMATION. The
Wine = the label or wrapper of this
s =. Ill show the time up to which
y. subscription is paid.
Smyrna times., 1918-06-12

c..,s will be a special meeting of
i1', .siss' Mite Society Of Asbury
7 ? &c Church Saturday evening, June
/. : :. 2 o'clock. Business of i'm
,t,nee. .-Sec'y.
Smyrna times., 1918-06-12

Last Friday evening the Woman's
Christian Temperance Union, under
the direction of its Flower Mission
Committee, distributed SO bouquets to
the sick, and other shut-ins of the
town, in Observance of Flower Mission
Day one of the Red Letter Days of
The National Woman's Christian Tenn
ganse Union. Press Supt.
Smyrna times., 1918-06-12

voR SALE-Beans for Seed. Farm
J. tbe Medium Blue Pod, a fine
!. .sits bean, will ripen planted first
,sk in July in time for wheat.
vi,Id, twenty to thirty bushels per
.,,s Price, S8. 90 per bushel. John
gnttsy, Smyrna, Del.-Adv.
Smyrna times., 1918-06-12

GBSCRIBERS will be doing US a
favor if they will refer to the label
on the paper they are receiving and
note how they stand. If after name
the words "Mar Is" appears, it
means they have paid until March
lst 1918. unless their record in this
office shows to the contrary. The
mailing list has just been gone over,
marked up and revised. Kindly
give this matter your early atten-
ton.
Smyrna times., 1918-06-12

u.,,om Business Colleges call at
IN, in adv. in another column to
"A. sneeial summer courses for
....srs and those who want to fit
|s.~.elyss for better work. See adv.
Smyrna times., 1918-06-12
AND VICINITY

;. Items of General interest Gath
''"' cred During the Week.
:. will be no prayer meeting at
In'.J Inn'.sbvterian Church this evening.
Smyrna times., 1918-06-12
WANTED.
Carpenters and Laborers

on Smyrna-Dover State Road. Apply on
road or after O'Clock p. m. at Colonial
Hotel. of Mr.. Decker or Mr.. Baum.