davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-08-16
Wealth Markets and Commerce
Relevant Comment
Expect Minor Cotton Changes

The members of the New York Cot
ton Exchange seemed to feel yester-
day that the hearings into the cotton
situation conducted here Tuesday and
Wednesday by the Department of Agri-
culture would prove beneficial to the
trade. Walter L. Johnson, president
of the exchange, said the exchange felt
that the spirit of the Investigators had
been entirely friendly. He added that
he expected only minor changes in the
United States futures act as result
of the investigation, relating to the
classification Of cotton at spot markets
and future markets by the government
and possibly to improve the technique
for gathering spot quotations.
New-York tribune., 1918-08-16
Livestock, Meats, Provlslon'

Following are yesterdays priees. oo"'nS
those OF q year ago
Yesterday AYo
Live steers. best. 49,. eslAM
100 ID. ...... Sf2.25 @SiAc0 sS'''
Dressed beef aides. "A A q
Live veals best. ,sn -
100 ID. ....... 1900 g i9.uc 'o-'S
Dressed vcals. city. -, q Il
10 ............ ~ % 20 "a 4
1--we ewes. 100 ID 500 q 1850 CIV
Lambs fair TO oo q I;m
prime. 100 h 1900 "a 1881 'o'vy,t -
Dressed mutton. ID IS G -sss -a5 >
Dressed lambs. ID "a @ ~ ,,'ss a
Hogs. 100 Id. 2o-5o q 2i.eo ""'
Dressed hogs. bz 49,, ,sne ~
con. ID. -...... .27's9 aeb AM
Moss beef. hbi $500 q $500 2s-po
Lard Middle West. ., sns a uN
New-York tribune., 1918-08-16
Dividends Discontinued

New York Transportation Company
At meeting of the board of directors
of the company, it was decided to dis
continue for the present the regular
quarterly dividend upon the capital
stock.
New-York tribune., 1918-08-16
The Dollar in Foreign Exchange

Francs again moved upward yester-
day, although general tendency Of the
market was In the other direction. The
announcement at Washington that the
United States had loaned s2oo,o0o,ooo
more to France helped to appreciate
the rate on francs. Exchange on Lon
don was steady, and rates on neutrals
were again easier.
Closing rates yesterday compared
with week ago, follow:
Quoted dollars to the pound.)
New-York tribune., 1918-08-16

correct the present abnormalities of
the cotton industry. That was strik-
ingly revealed during the hearings
held this week at the Cotton Ex-
change by the Department of Agri-
culture on the causes of the dis
parity between the prices of spot
cotton and prices Of contracts at
future exchanges. The investigation
unearthed much interesting material
and showed primarily the basic fall
lacy of the theory, so widely ex-
plotted by ill-informed cotton grow
ers and Southern newspaper editors,
especially when the price of the sta
pie was declining, that the differ
ence between spot and future rrices
was due to a conspiracy on the part
Of New York brokers to rob the
farmers Of their rightful profits.
The price disparity, as Mr.. Brand.
chief of the Bureau of Markets, who
conducted the inquiry, and repre-
sentatives of the divergent cotton
interests who testified, agreed, re-
f1ected in large measure the un-
willingness of the government to al
low the use of relatively low-grade
cotton in its orders. The effect was
simple. The purchasing depart
ments of the government dominate
the cotton market at present, and
their prejudice against cotton Of the
lower grades led the market to place
a discount on them. And since low
grade cotton can be delivered to
meet future contracts, but cannot in
spot sales, the large price disparity
arose. At present the disparity has
been narrowed because the new crop
will soon be ready, and the large
amount Of better grade cotton that
will be available has tended to re-
duce the premium on it. But the
government Investigators were striv-
ing to prevent repetition of condi-
tlons that became so acute last
April.
Other important external factors
besides the governments insistence
on the best white cotton widened the
disparity, as the record of the hear
lngs voluminously shows, but the
significant point is that they were
external. The market registered
these conditions, but was in no sense
tho cause of them. The diagnosis
OF the troubles Of the cotton indus
try was followed by the suggestion
of constructive remedial measures
which were designed not to emascu-
late the future exchanges but to an.
able them better to perform their
junction as a hedge for shippers
and spinners against future change
In prices. All elements represented
at the hearings impressed the gov
ernment agents with the fact that
the cotton trade, upset by temporary
war conditions, could be aided on]v
by the cooperative efforts of grow
ers, shippers, buyers and sellers
and not by continued mutual re-
ordinations.
New-York tribune., 1918-08-16

Butter. - Receipts were 1897 pack
ages. Creamery. higher than extras,
pr lb, ACC 4oAc; extras t92 score
45Ac; frsts (SS to 81 score), 434
as &c; seconds (s3 to 81 score), 42@
431ac; thirds, 4o@4lc; creamery. un-
saltcd, higher than extras. 471a@4SAc:
extras, 46s4 @47Ac; tirsts, 45M46hc.
seconds. 43@443ac; state, dairy, tubs.
finest. 45@. AS 3ac; good . prime. 421a
144 nc; common to fair. 3Sd42c: reno
waited, extras, al 1a@42c: flrsts. 400
41c; lower grades, 3SMS9c: imitation
creamery, firsts, 3slr @39c; ladies',
current make, tirsts, 37W3Sc; seconds,
36c; lower grade. 3Ilam35isc: nack-
ing stock, current make, No. /, S5hsc;
mo. = SOC; lower grades, 33M34 nc.
Chcesc.-Receipts were 4.0O2 boxes.
State, whole milk. fresh, fats, specials,
colored. lh 26G26Aos white. 25X@'
New-York tribune., 1918-08-16

z6Ac; average run colored, ,25h 0osy.
white. 25A OPS 1ac; lower grades 9iS
25c; twins. specials, 2512025Ac: sv.s
age run, 25@25Ac; lower grades. ; e,.s
241ac; single daisies. 2512 @26hc. dasS
bic daisies, 251s @26c; Wisconsin wboi. ,
milk. fresh, single daisies. 25h @2sSs'
double daisies, 251sM26c; Young Ams,'
icas. 2312@26%c; state, SKINS & fmss
specials, 201s q 21c; prime to cboisa' b,s'
18@20c; fair to good, 140l7c; low,
grades, 7@13c.
Eggs. - Receipts were 14,s4s cs..
Fresh gathered, extras, per dOssa' dozen
AZ q 4Sc; regular packed er.,,
frsts, 44@46c; regular packed srs.. rs.s
41@43c; seconds, 37@4Oc; poor to fair fair
24036c; fresh gathered dirties w.
1, 35M36c; No. 2 and poorer, 9.S
Sac; fresh gathered checks. good y
choice, dry, 31@33c; under grads
z0030c; state, Pennsylvania and nesn
by Western hennery whites. fne :,
fancy, 62@64c; ordinary to prime a
d60c; gathered whites, ordinary n
fine, 45M60c; Western and South,m
gathered whites, 42M53c; state. Penn
sylvania and nearby henncry brown.
50@53c; gathered brown and mirs1
colors, 38M4Sc.
New-York tribune., 1918-08-16

compared with year ago, were as
follows:
Per cent. Per cent.
Call money:
On mixed collateral6 6 3M
On industrial col't'l 6Iz 3
Time money (mixed collateral):
Sixty days .......6 s 4I4@4lA
Ninety days .....6 4La@434
-Four months ..... 6 434@5
Five to six months 6
Commercial Paper.-Country institu-
tions are fairly large buyers of COM
mercial paper. The rate is firm at 6
per cent for the test regular ma
turtles.
Bank Acccptances.-Owi to the
firm money market the demand for
bank acceptances is somewhat lighter.
Rates yesterday were as follows:
Thirty Sixty Ninety
Spot de- days. days. oays.
livery: Per cent. Per cent. Per cent
E j z bio
banks. .4h@4 4h@4l4 4A@4A
Ell igible
nonmem-
Der banks.4A@4Is 42s@4s 42a@4A
] n eligible
bank bills.5H@4 5A@4s4 6N@424
For delivery within thirty days:
Per ccnH.
Eligible member banks ........ AM
Eligible non-member banks. "a
Ineligible bank hills.
Discount Rates.-Ihe following table
gives the current rates of the twelve
Federal Reserve banks on commercla IL
naner on all nnriods I'm 70 n:nntu daus.
New-York tribune., 1918-08-16

The above rates express the cost of
foreign money in terms of the Amcri-
can dollar. You buy an English pound
sterling at, say, $47695. The intrinsic
parity Is s4.86ss per pound. Thus you
sny either that pounds are at n dis
count or that dollars are at Il premium.
which is owing to the fact that in Eng
land the demand for dollars with which
to settle accounts in this country is
grcnter than the demand in this coun-
try for pounds with which to settle ac-
counts La ENGLAND.
New-York tribune., 1918-08-16
Yes days Previous Year
Metals

1t Is reported in the copper trade
that no consumer can get metal at
present unless it is required for war
orders, and it Is understood that this
is likely to be the situation for a
month or more at least. The war de-
mand is using the whole of the avail
able supply. 1t is feared that hot
weather has decreased the August min
ing output. There is no change in re-
gard to lead. The market is quiet. In
quiries are many, but the supply is
limited. There is strong demand for
spelter, especially for nearby deliv-
cries.
Current prices for the principal
metals, compared with those prevail
ing year ago, follow:
Current A year
price. ago.
Pig iron, Bessemer,
Pittsburgh ...$36.60 S55.s5
Copper, electroly-
tic, lb........ .26 .27 @.27Ls
Tin. lb........... .931a .63
Lead. lb. b......... .o8 1-2o .1oIa@.11
Spclter, East St.
Louis III 0QILGO nc3L nQ3L ~ nQiZ
New-York tribune., 1918-08-16

Discount Rates.-The following table
gives the current rates Of the twelve
Federal Reserve banks on commerclal
paper on all periods up to ninety days:
New-York tribune., 1918-08-16
Coffee, Sugar, Tea and Io"'
seed Oil

Current =,
prices "a "a
For cash: tse' %
Tea. Formosa. per lb. ~ "a 81
Sugar. granuated. per lb.... ~ si90 VI
Coffee, Rio No 7. per b.. s's fsa
Cottonseed oil. per lb...'.
Coffee Futures. - There was lsn
further switching from near ~ DO
months in the market yestehrosyto 70 10
opening was one point higher ig,hs " rsr
points lower, with near scroyeriss
lively steady on scattered Sy s;,v ar
The demand seemed to be reau"s ssssa
Piled, however. with prices later 's net ss o.
off under realizing and elosihs -"
changed to points lower. ru.x4yo
Yesterdays Pr rssse !.
Gomtsass; ,n'.tsss sss@s.4o ss.siN
Septemper .''''''''' S7s@s.7s I.sSasS
pscemner % scsaa %'.......... % sssi@s.sa sssSsG
March ....ss.>...... h-souss
New-York tribune., 1918-08-16

Silver.-Bar SILVER in London was
4S}sd, unchanged; New York, 995sc,
unchanged; Mexican dollars, tic. up
changed.
Sub-Treasury. The banks lost
$4,000 to the SubTreasury yester-
day.
London Money Rates. LONDON,
Aug. 15.-Money was unchanged at 3
per cent. Discount rates were: Short
bills and three-month bills, 1882 per
cent. Gold premiums at Lisbon re-
manned 10000.
BANK OF ENGLAND STATEMENT
LONDON, Aug 15.-The Bank of Eng
land reported to-day an increase for
the week in gold coin and bullion hold
ings of 9281,881. Other changes for
the week are the following:
New-York tribune., 1918-08-16

Few, If any, large issues Of new
securities will be offered before the
Fourth Liberty Loan campaign
opens next month. Bankers seem to
believe that the demand has been
satisfied temporarily and that it
would be unwise to bring out new
offerings until the loan campaign is
over. Among other corporate financ-
ing that has been postponed is that
contemplated by Wilson & Co., the
packing house. This postponement
may, however, have been due more
to the present agitation against the
packers than to investment market
conditions.
New-York tribune., 1918-08-16

Banis Clearings.-Bank clearings il
New York. and other cities were a:
follows:
New-York tribune., 1918-08-16

Reserve Bank rate. .37M 1913
Below is given the current exchange
value OF foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by tho United
States Mint:
New-York tribune., 1918-08-16

Louis, lb. .09E@. .0ss4 .o83a@. .os
New-York tribune., 1918-08-16
Produce Markets-Current

sKiln dried.
New-York tribune., 1918-08-16

compared with a year ago, were as
follows:
Yesterday. Year ago
Per cent. Per cent
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05

own medicine. Our boys are going over
the top nj dawn Of the morning to take
their trenches. Wen give 'em taste
of cold steel with their sausageS and
beer You just sit tight now until they
relieve you. I'll have to go now, lad,
as it's nearly time for my relief, and
don't want them to see me a-talkin'
with you. So long laddie, cheero."
With this, the sentry resumed the
pacing Of his post. In about ten min
utes' time he was relieved, and ID
company man took his place.
Looking into the guardhouse. the
sentry noticed the covering attitude Of
Lloyd, and, with n sneer, said to him:
"Instead of whimpering In that cor
ner, you ought to be saying your pray
ers. It's bally conscrlpts like you
what's spoiin our record. We've been
ont here nigh onto eighteen months
and you're the first man 10 desert his
post. The whole batta ION Is ladghil'
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05
PAGE SEW EN-

piece, he looked Mt the watch on his
wrist He was still alive ut "3 :3s."
Ping "a bullet sang through thcl
air, and Lloyd fell forward across the
gun. A thin trlckle of blood ran down
his face from little, black round hole
In his forehead.
1.-THE sentence of the court had been
duly carried out"
The captain slowly raised the limp
form dropping over the gun and, wip-
ing the blood from the white face. rec
ognized II ms Lloyd, the coward of ID
company. Reverently covering the face
with his handkerchief he turned to his
"noncoms" and, in voice husky with
emotions, addressed them:
Boys, it's Lloyd. the dcserter. He
has redeemed himself. died the death
OF hero-died that his mates might
live"
That afternoon a solemn procession
wended Its way toward the cemetery
In the front a stretcher was carried by
two sergeants. Across the stretcher
the Union Jack was carefully spread.
Behind the stretcher came captain
and forty-three men, all that were left
Of ID company.
Arriving at the cemetery, they halt
ed in front of an open grave. All about
them wooden crosses were broken and
trampled into the ground.
A grizzled old sergeant, noting this
destruction, muttered under his
breath: Course the cowurdly blighter
who wrecked those crossesl II I could
only get these two hands around his
neck his trip West would be short"
The corpse on the stretcher seemed
to move, or II might have been the
wind blowing the folds of the Union
Jack.
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05
CHAPTER XIV.
Preparing for the Bio Push.

Reckoning Atwell after the execution
i had u hard time trying to keep my
secret from him. / think l must have
lost at least ten pounds worrying over
the affair.
Beginning ut seven In the evening It
was our duty to patrol all communica-
tion and front-line trenches, making
note of unusual occurrences, and mr.
resting anyone who should, to us, APP
pear to be acting In suspicious man
ner. We slept during the day.
Behind the lines there was great ac-
uvity, supplies and ammunition pour
Ing in, and long columns of troops con-
stantly passing. We were preparing
for the big offensive, the forerunner
of the battle of the Somme or big
Push"
The never-ending stream of men,
supplies, ammunition and guns pour
eng into the front lines made mighty
spectacle, one that cannot he de-
scribed. 1t has to be witnessed with
your own eyes to appreciate its vast
ness.
(To be continued.)
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05
"0ver the Top
By An American Soldier
Who Went
Copyright, 1917, by Arthur Guy Bmpey)
SYNOPSIS.
ARTHUR GUY EMPEY
Machine Cunne, Seroins In France

CHAPTER I-Fired by the news OF the
sinking or the Lusitania by German
submarine. Arthur Guy Empey, an Ameri-
can, leaves his office In Jersey City and
Ypss to England where he enilsts in the
; tish army. y
CHAPTER II-After a period of tram
ing, Empey volunteers for immediate serv-
Ice and soon finds himself In rest billets
somewhere In France" whefe he first
makes the acquaintance of the ever-pres-
ent coolies"
CHAPTER 1II-Empey attends his first
church services at the front while Ger
man Fokker circles over the congregation.
CHAPTER Iy-Empeys command goes
into the front-line trenches and Is under
fire for the first time.
CHAPTER V-Empey learns to adopt
the motto OF the British Tommy, "If you
are going to get It, you'll get II, so never
worry"
CHAPTER vI-Back in rest billets, EN-
pey gets his first experience as a mess
orderly.
CHAPTER vII-Empey learns how the
British soldiers are fed
CHAPTER vIu-Back in the front-llne
trench. Empey sees his first friend of the
trenches go West"
CHAPTER IX-Empey makes his first
visit to a dugout in Suicide Ditch"
CHAPTER X-Empey learns what con-
stitutes days work" in the front-line
CHAPTER XI-Empey goes "over the
German trenches and Is wounded by a
bayonet thrust.
CHAPTER XII-Empey Joins the sui
eide club" as the bombing squad Is called.
CHAPTER XIII-Each Tommy gets an
official bath.
CHAPTER xIv-Empey helps dig an
advanced trench under German fire.
CHAPTER Xv-On Listening post" in
No Mans Land.
CHAPTER XVI-Two artillerymen put
one over" on Old Pepper, their regimental
CHAPTER xon-Empey mas narrow es-
cape while on patrol duty in No Mans
Land.
CHAPTER XvIII-Back in rest billets
Empey writes and stages a farce comedy.
CHAPTER XIX-Soldiers have many
ways to amuse themselves while ION their
CHAPTER xx-Empey volunteers ~,
machine gun service and goes back into
the front-line trenches
CHAPTER XXI-Empey again goes
lover the top" In a charge which cost his
company II killed and 81 wounded.
CHAPTER XXII-Trick with a machine
gun silences one bothersome Fritz.
CHAPTER XXIII-German attack. pre-
coded by gas wave. is repulsed.
CHAPTER XXIV-Empey is forced ia
take part in an execution as "a member
of the firing squad.
the Big Push--the battle of the Somme.
CHAPTER XXVI-In n trench raid
preceding the Big Push. Empey Is des-
perately wounded and lies unconscious In
No Mans Land for SO hours.
CuAPTER xXVII-After four months
I. . British hospital. Empey is discharged
NO ..phy sicily UNFIT for further wa sew.
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05

hounds, ne ducked into this hole. and
threw himself on pile of old empty
sandbags, wet and widowed. Then
Inconsistencies.
On the next day. he came to-; far
distant voices sounded In his ears.
Opening his eyes. In the entrance of
the dugout he saw corporal and two
men with fixed bayonets.
The corporal was addressing him:
Get up, you white-livered blighterl
Curse you and the day you ever joined
d company spelling their fine rec
ord It'll be you up against the wall,
and a good job too. Get hold OF him,
men. and IL he makes break, give him
the bayonct, and send II home, the cow
ardly sneak. Come on, you, move,
we've been looking for you long
enough"
Lloyd. trembling and weakened by
his long fast. tottered out. assisted by
a soldier on each side of him.
They took him before the captain,
but could get nothing out of him but:
"For Gods sake, sir, don't have me
shot. don't have me shot"
The captain, utterly disguised with
him. sent him under escort to division
headquarters for trial by court-mar-
tial. charged with desertion under fire.
They shoot deserters In France.
During his trial. Lloyd sat as one
dazed, and could put nothing forward
in his defense. only an occasional
Don't have me shot"
His sentence was passed: "To be
shot at 3 :3S o'clock in the morning of
May 1S, 1916" This meant that he
had only one more day to live.
He did not realize the awfulness of
his sentence; his brain seemed para
lyzed. He knew nothing of his trip,
under guard, in motor lorry to the
| sandbagged guardroOm In the village,
where he was dumped on the floor and
left, while sentry with fixed bayO-
net paced up and down In front of the
entrance.
Bully beef, water and biscuits were
left beside him for his supper.
The sentry, seeing that he ate moth
ing, came inside and shook him by the
shoulder. saying in n kind voice:
"Cheero, ladde, better eat some
thing. You'll feel better. Don't give
up hope. You'll be pardoned before
morning. | know the way they run
these things. They're only trying to
scare you, that's all. Come now, that's
good lad, eat something. tn make
the world look different to you"
The good-hearted sentry knew he
was lying about the pardon. He knew
nothing short of miracle could save
the poor lad.
Lloyd listened eagerly to his sentry's
words. and believed them. A look of
hope came into his eyes. and he raven
ously ate the meal beside him.
In about an hours time, the chap
lain came to see him. but Lloyd would
have none of him. He wanted no par
son; he was to be pardoned.
The artillery behind the lines sud
denly opened up with everything they
had. An intense bombardment of the
enemy's lines had commenced. The
roar Of the guns was deafening.
Lloyd's fears came back with rush,
and he covered on the earthen floor
with his hands over his face.
The sentry, seeing his position, came
in and tried to cheer him by talking to
him:
"Never mind them guns, boy. they
won't hurt you. They are ours. We
are giving the Boches dose of their
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05

nearly tainted. Excusing himself. he
stumbled upstairs to his bedroom,
with TIE horror Of 1t gnawing into his
,vitals.
Having saved up few pounds, he
decided not to leave the house, and to
sham sickness, so he stayed In his room
and had the landlady serve his meals
there.
Every time there was a knock Mt the
was policeman who had come to take
him away to the army.
One morning his fears were realized.
Sure enough, there stood policeman
with the fatal paper Taking 1t in his
trembling hand, he read that he, Albert
Lloyd, was ordered to report himself
to the nearest recruiting station for
physical examination. He reported i'm
mediately, because he was afraid to
disobey.
The doctor looked with approval
upon Lloyds six feet of physical per-
lection, and thought what fine
guardsman he would make, but exam
ined his heart twice before he passed
him as physically fit" it was beating
so fast.
From the recruiting depot Lloyd was
taken, with many others, in charge Of
sergeant, to the training depot at AL
,dershot, where he was given an outfit
of khaki, and drew his other equip
ment He made a finelooking soldier,
except for the slight shrinking In his
shoulders and the hunted look in his
eyes.
At the training depot IL does not
take long to find out mans character,
windy" In the English army 'windy'
means cowardly.
The smallest recruit In the barracks
looked on him with contempt, and was
not slow to show ii In many ways.
Lloyd was good soldier, learned
quickly, obeyed every order promptly,
never groused at the hardest fatigues.
He was afraid to. He lived in deadly
fear of the officers and "nOncOms" over
him. They also despised him.
One morning about three months
after his enlistment Lloyd's company
was paraded, and the names picked out
for the next draft to France were read.
When his name was called, he did not
step out smartly, two PAGES TO the
front, and answer cheerfuly, Here.
SIR" as the others did. He just faint
ed In the ranks and was carried to bar
racks amid the sneerS of the rest.
That night was an agony of misery
to him. He could not sleep. Just cried
and whimpered in his bunk, because
on the morrow the draft was toS~ L
for France, where he would see death
on all sides, and perhaps be killed him
self. On the steamer, crossing the
channel, he would have jumped over
board TO escape. but was afraid OF
drowning.
Arriving in France, he and the rest
We're huddled into cattle cars. On the
side of each appeared In white letters,
"Hommes 40, Chevaux g." After hours
of humping over the uneven French
roadbeds they arrived at the training
base OF Rouen.
AT this place they were put through
weeks rigid training In trench war
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05

Here are some safe figures about
what can he expected of II back yard
flock. Each hen In her pullet year
should produce ten dozen eggs The
average size of the gack yard flock
should be Mt least ten hens Thus
each flock would produce In n year 100
dozen of eggs which, ut the conserva-
tive value of - cents dozen, would
he worth SD. But the 100 dozen In
more important than the $50.
Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1918-07-05

Let the table scraps help make eggs
and meat. In every household, no
matter how economical the housewife,
there Is n certain amount Of table
scraps and kitchen waste which has
feeding value but which, II not fed.
finds its way into the garbage pail.
The saving medium: Some hens.