davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1918-01-08
COTTON MARKETS.

New York, Jan. THE cotton market was
stronger todayson a good demand and offerings
were light. Private adVices from the South
that the mills which were going to close lsst
week because Of the lack Of water had resumed
and buying for the account Of some Of these
Southern mills and by spot houses caused
firm tone at the opening and prices rose 10 to q
points after the call.
After the call. prices sssd of snd By the
end OF the first ten minutes a reaction of to 10
points from the initial levels had been recorded.
Offerings were well taken on the Dip which fol-
lowed with buying BY trade interests. Prices
rallied. with March selling up to 81 .i5 before
the end Of the first hour. BullHh Southern
spot adTices promoted the advance, which also
reflected the more optimistic talk Of peace pros
pects
The market turned frner IN the early after
noon on the rumored national ginners' report.
showing 10 3si Oo0 bales gnned TO. December 81
or 2s5 90 for the last period.
The market continued to gain strength in the
final hour on local covering and trade buying
the former promoted BY strength in securities
and reports that Eastern mills were seeking IA
buy cotton from the local stock. The close was
steady At a net advance Of lS TO 20 points
The receipts at the ports for the day were
ls.5E bales. against d. .s9i bales. Exports. 100
bales.
Spot here was quiet AZ an advance of IS
points. at 3255; no sales Spot at New Orleans
was firm. with middling unchanged at Soss
Sales. 700 bales.
Receipts at New Orleans i.Ts2 Savannah,
3os2; Memphis. E,aO2; St Louis. s,4s3.
Furnished by n. l.. Carpenter & Co.
The Washington herald., 1918-01-08
NEW YORK.
WASHINGTON PRODUCE.

Egg receipts continued light and prices f1-
strictly fresh eggs still remained high. sellinG
from 60 to IS cents per dozen. Prices of practi,
ca1ly every article on The local produce marke;
shows advance over a week ago. Receipts
generally were light, though the breaking Of
The cold spell Is expected to bring in quantities
Of goods that now are held in the hands Of ITO
duceps.
Quotations given below are for large lots Of
good marketable goods only. Jobbers' pricrs are
higher. Lower grades may he sold for less
Fancy goods command higher prices.
EGGs-Fancy. strictly fresh per doz e0a65
average receipts. Sass; Southern West Virginia
Jsa5.
CHEEsE-New York State. factory. new. per
b.. HaT.
BUTTER-Elgin print, 81: EIgin tub, 81
process. e; store-Eacked, 29a3o.
LIVE POULTRY-Hens per H.. q: roosters,
10. turkeys, 81; chickens. Is; keats, young
each, Sass
DRESSED 7OULTRY-Hens choice. per h.
Ha8; spring chickens. 3a3o; turkeys -5a57
ROSTERS loa2D: geese, 22a25: ducks, Z3a25.
LIVE SToCK-Sheep, per h., Sac; lambs,
spring. IS: calves, lsar7; medium, lsa15i&; com
mon 12al3
PoRK-small. per ib., zls22; medium, 1saO
heavy 1sa2D
/ sEEDs-Red clover. roal7.n per bushol
slsiks clover. 1sOOals.oo: crimson clover. 12 5oa
Il 50a14.oo per 10o lbs; bluegrass. 32sa3.5O
orchard grass. 275a3o0 per bushel.
GRAIN-Wheat, milling. per bus. 2los29T
corn, per bushel, l.25al3O; oats. white. s3asi
mixed oats. s2as3; hay. No. l. 32.s0: No. 2. 2 90
FRUITS-Apples, per Dbl. 2.0oas50; per boz.
1.25a3oo; California oranges. 4.O0a5.oo; Florida,
4.5a5.S0; lemons. 55Oa6.5o pears. per box, 2.Ooa
4.o0: Crapefruit. 3.75aA, Is pcT crate.
GREEN GOODS-Potatoes, No I eenao 20
per 100 lbs: sweet potatoes. 4s0ae.5o per Dbl.
No. 2. 25Oa3oo: string beans, per basket, 2G0a
coo: PEPPERS, per crate, 3.5oal.50: okra. per
crate. 3.0oai.5o: radishes. per 100. 2o0a3oC: on.
cUmbers. basket, 3.0oa500; eggplant. per crate,
30Oa5.Oo; cabbage. per 100 lbs. 275as00; beets.
per bunch, ia6; lettuce, l.Cna2Oo; smash. 275a
800; onions. per 100 lhs. 5Da3.O0 spinach, re,
bbl. 5.00a6.o1; kale, Ter bbl.. 2ooa3oo; tIrrnips
per box. IOoaI.E; per bbl.. 3,Ooai.25; caurhower.
Ger crate. 1T5a30
HIDES-Horse hides 500 each: green saltcl
beef hides, per H., l6: calf skins, l.ooa3. 20
lamb skins l.SOS2.5O; wool. per lb.. g.; beeswax.
rer h., %.
The Washington herald., 1918-01-08
Harman Named Head
Of Commercial Bank

Frank P. Hartman yesterday was
elected president of the Commercial
National Bank at a meeting OF the
board of directors, after A. c. Clap
ham. who has held that position for
a number of years. resigned.
The newly elected president has been
a resident of the District for the past
decade, has held the Craftsmanship of
the board of directors of the CONNER
cial National Bank, and is well-known
to financial men of this city
Mr.. Hartman is also president of
Gugeenheimer and Company. one of
the largest wholesale dry goods houses
in Lynchburg. For a number of years
Mr.. Hartman was vice president OF the
First National Bank in Roanoke, Va.
and is now director of the Lynchburg
National Bank.
No other changes were made in the
personnel of the Commercial National
Bank.
The Washington herald., 1918-01-08
BALTIMORE PRODUCE.

Baltimore Nd. Jan. 7.-BUTrER-Creamer
fancy, per h. Sass; do. choice per lb.. 5Oa5l
do good. Ter lb, 4safs; do. prints. per h.,
5a55; do, blocks, per h., 52a5i ladies, per
b.. s9a4O; Maryland and PennsylIania rolls.
per H.. Sla55; Ohio rolls per H.. 80; West vir-
einia rolls, per ID, g; Storepacked, per lb.,
S2a53; Maryland, Virginia and Pennsylvania
dairy prints, per h.. Has; process butter. per
d.. Has.
EGGS Maryland. PENNSYLVANIA and nearby
frstS loss of. per doz.. GO; Western frsts lcss
of. per dcz-. co; West Virginia frsts, loss OF.
per doz. 50; Southern firsts, loss OF, per dor.
s..
PoTAToES-western Maryland and Psnasyl-
vania. choice round. 100 lhs.. 240a25O; do
choice long 100 lbs. 2.s6a2 IS; New York and
Jersey, 100 lbs. 24Os2.hO;s Eastern shore Of
Marylarl and Virginia. Mccormick. l.75a2 3,
Southern Maryland. Mccormick, 100 lbs. ana
80; all sections medium No. q, 100 lbs. L2ja
l50 all sections. culls. 100 Ihs, 75aleo; sweets.
North Carolina hln-drieds No. J. bbl.. 5.o0a5. 50;
do. Eastern Shore OF Maryland and Virginia,
No. !. bbl.. 45Oa5.o; do. Eastern Shore Of
MARYLAND End Virginia, ordnarJ. bbl., 3.ooa3 50;
do. York Rivers. bbl.. I.50a5.sD; do. all sec
tions. No. 2. Dbl, 2ooa250 yams all sections.
as to quality, bbl.. 25oa4.s0; sweets all sec
lions. fancy, No. I. per basket, l55aIS; do,
all sections, No. 2 per basket, 75ai.00.
GREEN FRUIrS-APPLES Bsldwins. A
The Washington herald., 1918-01-08
bank STATEMENT
CALL STIRS CHANGE
Information Along Exceptional Lines
Required-Trading Very Light.

Announcement of. a request by the
Comptroller OF the hCurrency for
statements covering the conditions
Of. banks at the close of business
December 81 was perhaps the big
gest event on the floor of the local
stock exchange yesterday. Bank
ers had been in hopes that the five
calls made during the last year
would be sufficient. but the sixth
call, made yesterday, not only ask
ed all questions contained in for
mer statements, but requested a
great deal of additional informa-
tion.
The majority of the local banks
show substantial gains for the last
year Riggs National. Federal Ma
tlonal. Washington Loan and Trust.
Franklin National and Columbia
National showed decreases, how
ever. In the main these losses
were the result of Liberty Loan
fund Withdrawals.
Sales of stock on the local floor
Yesterday were unusually light
Mergenthaler sold at 1913 to 1913 SIS,
Potomac Electric IS at 100 and Capt.
tai Traction at rs I-2.
The Washington herald., 1918-01-08
Three GAS DEATHS
SWELL TOLL in D. c.
Woman and Two Men Succumb to
Effects of Asphyxiation.

Three deaths yesterday swelled
washington's list OF gas victims.
Mrs. Libbie Robbins. As years old.
1896 North Carolina avenue north
east. died yesterday afternoon. in
Casualty Hospital. She was over
come Saturday night by gas escap-
ing from a small heater. The gas
pressure became low and the fame
was extinguished. it Is believed.
Mrs. Robbins recently came to the
city to work for the Food Admins
tration. Police are trying TO COM
municate with her nephew. who is
said to live in Portland, Ore.
The death roll included John
Hartnett. 70 years old. 5l3 F street
northwest. and John ]. Payson. 6l2
C street northwest, who were found
overcome by Illuminating gas in
their homes. Coroner hewitt issued
a certificate of accidental death in
the case Of Hartnett and is investi-
eating the death OF Psyson.
The Washington herald., 1918-01-08
BALTIMORE LIVE STOCK.

Baltimore. JAN T-CATTLE- Receipts for the
week ended at noon today were 1877 head.
against 2,2D head last week receipts. 81 car
loads for market for the week, 81 carloads for
market today. Liberal supply: market draggy at
last weeks prices We quote: Steers. choice
R9al3.40; good butcher. l2ioal2eO; medium,
lO!soallS; common, 9.40aloio; heifers. choice
10 aslo.e0: fair to good. 9.icalo ~: common Ia
medium. 7.loas,so bulls choice, ssoaeeo: fair to
good, 7.9oas.9o; common TO medium, 69Oa7 80
cows, choice, T.eea9 90; fair to good, 69oa7 30
commcn to medium. 4.5oas,0p.s
SHEEP AND LAMBS Receipts for the weei
ended at noon today were til head against
l.Os head last week; light supply; market
higher Sheep. sooalI. 90; lambs ls.ooalala.
HOGS-Receipts for the week ended at noon
today were s,ils head. against l0.lsi head last
week; fair supply; market strong and demand
good. Light. HIS: heavy to medium, I7.75
roughs, lslOoal7.oo; pigs. l7.5o
cALVES-Receipts for the week ended al
noon today were 3s2 head, against 30 head last
week fair supply: market hisher. Calves. ll.eos
The Washington herald., 1918-01-08
court TAX DECISION
STIMULATES MARKET
Ruling Stock Dividends Not Taxa.
bic as Income Causes Revival.
BY BRoADAN WALL.

New York, Jan. 7.-Decision of
the Supreme Court that stock divi-
dends are not taxable as income to-
getber with its ruling postponing
further action in the antitrust
suits at this time revived the stock
market this afternoon and closed
strong and net higher. although in
the morning 1t was very irregular
and lower.
The opening was strong but SELL
ing developed almost Immediately
with the result that losses of a
point and more were seen in stand
ard Issues. In Pullman a new low
record was made.
The automobile stocks were ir-
regular. Willys-Overland declined
while Chevrolet moved up to a new
high record of 100 and General Mo-
tors ruled higher. This irregular
| ity continued until after the Su-
preme Court met at noon. 1t was
only after the decisions were rem
dered that the market picked UP.
Part of the days bullness was due
to the blizzard in the West. Many
of the buying orders have been
coming from that section and were
cut off.
Another helpful influence was the
introduction of a bill in Congress
amending the income tax law so as
to cut out the unfair s per cent tax
on professional incomes. The order
of Director General McAdoo dou-
bling demurrage charges on cars
also helped.
Decision that stock dividends were
not taxable as income opens the way
for the declaration of many dividends
of this kind. 1t also removes from
stockholders who have already re-
ceived such dividends the fear that
| they would be unjustly taxed. AS
| the court says declaration of a stock
/ dividend takes nothing away from the
corporation and gives nothing to the
stockholder.
American Tobacco was strong on
! official confirmation by the directors
! that the new issue of stock would not
be put out, but that dividends would
be paid in s per cent script This
| script is to be exchangeable later for
stock. This plan is adopted because
the company needs its cash to carry
| the large stock of tobacco at the
| higher prices that prevail.
Action of the market was perfec
from a technical standpoint. The
wild advance that followed taking
over the railroads by the President
caused scores of traders to put stop
loss orders under their purchases. The
selling of one big account late in the
week uncovered some OF these stop
loss orders which automatically un-
| covered others The reaction was
moderate considering the advance.
Most market authorities expect a
trading market with an advancing
| tendency.
The Washington herald., 1918-01-08
1T Cars Of Coal
Received in a Day

The United States Fuel Admin
istration yesterday announced the
arrival in Washington of coal as
follows: Anthracite. 80 cars. 3.997
tons; bituminous. 81 cars. 4.646
tons.
Anthracite is the Districts
greatest fuel need. Yesterdays
anthracite arrival as reported by
the United States Fuel Admins
tration is l,500 tons more than
an estimated days requirement,
Dealers estimate that 200 tons
OF anthracite daily is needed to
fill the wants of householders and
public utilities.
Recent shipments of anthracite
have been far below this amount
The Washington herald., 1918-01-08
WARMING UP THE MOTOR.

Every motorist who keeps his car
in an unheated garage-and that
includes most of us-knows that
the motor does not run well until
it is warmed up. Most motorists
seem to believe that the best and
quickest way to warm up the mo-
for is to race it for a moment or
two. Really, that is the worst way.
During the night the oil has run
down from the cylinders into the
crankcase, and by starting the mo-
tor with a rush one is working il
hard without proper fabrication.
This is. of course, injurious TO the
mechanism. 1t is better to let the
motor run slowly for a few mo-
ments until the oil has been
thoroughly distributed to the NOV
ing parts-Milestones.
The Washington herald., 1918-01-08
OILING IN WINTER.

Draining the oil from the crank
case and replacing it with fresh oil
frequently is always good for a
motor. but il is particularly essen
tial in cold weather. The steam
caused by combustion gets past the
piston rings into the crankcase and
there condenses to water. The wa
ter mixes with the oil and reduces
its lubricating value. In conse-
quence a fresh supply of oil should
be put in place of the old at least
once a month during the severe
weather. Eight and twelve cylin-
der cars condense more water than
fours, and particular attention
should he given to motors of this
type-Milestones.
The Washington herald., 1918-01-08
From the Financial Ticker

Traders on the Consolidated Stock
Exchange construed the over-sunday
news as favorable. and at the start
Of the day prices generally ranged
higher. Gradually. however, the mar
ket took on an irregular aspect, with
reactions taking place in some OF
the leading stocks. which had been
especially firm.
The downward trend of Liberty As,
which early touched a new low rec
ord, had an adverse effect upon SEN
timent. II again brought home to
! traders the fact that government
financing continues the overshadow-
ing factor in the investment situa-
tion.
While no official statement has yet
been made. 1t has been reported in
good quarters that the next liberty
loan will be for 1900. .0oO. 900. and that
| the campaign for it will start ,on
| or about February Is. The over
Sunday news included Premier Lloyd
Georges re-statement OF allied war
aims, which by many was construed
as leaving the door for peace open
once more.
Another development has been the
suspension by Germany of the peace
negotiations with Russia. as a result
of which great Bolshiviki activity
is reported at Petrograd, with threats
made of new Russian military op-
erations against the Germans.
So far as the market was concern
ed, u. s. Steel led its general move
ment in the earlier dealings. u. s.
Steel opened 90 SIS. up IL. and touch
ed a forenoon high of 80 81 but IL
then reacted under So. B. S. B.
opened IS Ia. up la points, and
early sold Is 81.
Reading was the most active of
railroad shares 1t opened BIS,
down Ia, but it later rose to 741-2,
then reacting.
A broad business in odd lots was
handled by commission houses.
Rumored on good authority that the
government will take over the Amer
lean Telephone and Telegraph Com
pany and guarantee the present. div
idends.
Director General McAdoo's call to
the railroads for data on maturities
and physical needs helped the rail-
roads. Mr.. McAdoo apparently is
losing no time in getting the Federal
machinery into action.
The strength of Canadian Pacific
has kept the street guessing. The
theory advanced that Canadian Pa
cific is supported by the Canadian
financial interests receives wide ere
dence.
Call money loaned at 23-4. This
should foster bullish sentiment.
There seems to be no disposition
yet to check brokers' loans in an
ticipation Of government financing.
Time loans are made on three
months maximum basis.
The meeting Of the directors of
the General Motors Company, which
was scheduled for today, has been
postponed until tomorrow morning al
II o'clock, due to the delay in the
Michigan train bearing members of
the board.
The meeting of the Chevrolet Mo-
tor Company. which was scheduled
for today, also has been postponed
until tomorrow at 2:SO D. m.
The Washington herald., 1918-01-08
PHILADELPHIA PRODUCE.

Philadelphia. ian. 7.-BUTTER-Fancy grades
in good demand and finn. Quotations: West
IN solid-packed creamery. extra, per h., 81
higher scoring goods 53a54; extra frsts, s9a5j
hrsts. Sa4S; seconds, 4sa45; held creamery, good
10 choice, 462aS ordinary, 42aA: nearby printa
fancy. IS; average extra Sass; firsts Isa5O: sec
ends. 45ai7; special brands iobbing at S7a5e
EGGS-tIn, fresh eggs scarce and firm. Quo
tations: In free cases, nearby frsts, Is.50aIs 81
per standard case; current receipts lsOO; sec
ends. Hlcal5oO; Western. extra fists BSOa
ls6G case; frsts. 1s.oo case: seconds. l4l0al5 60
case; refrigerator. extra. $50 case; frss, 1870;
seconds. l2soal2so; selected. fresh, jobbing at
69a70 dozen.
DRESSED PouLTRY-FowIs lc 10 box.
milkfed, dry-picscd. fancy selected. 29h weigh
ing lbs and over apiece. q; lbs apiece.
q; Sk lbs. apiece, q 5 lbs apiecc 25aa6. fowls
in barrels, fancy, dry-picked, weighing ~ Ibs,
and over apiece. 2siz; lbs. apiece. IN smaller
sizes. 2aa; old roosteTs, dry-Ticked, q; brcii.
ing chickens, weighing 1i<a2 lbs. apiece Jersey
fancy. SiaT; Virginia. fancy. S3a3C: other nearby
SCa33; Western, saSZ; roasting chickens, West.
EN-, in boxes, weighing lbs. and over apiece,
%; weighing 4aiIh lbs. apiece. aeaaaI4. 3 lbs
apiece. Zaa 2iEaS lbs. apiece, 2ia2Iik roasting
chickens. Western, in barrels, weighing lbs,
and over apiece. %; 4ailG lbs. apiece, g7as; SIi
lS. apiece, 2iaA; 2l5a3 lbs. apiece, 23a2S,S
Turkeys. tresh-killed. nearby srriug, dry-picked
fancy. Delaware and Maryland. ssa3s: Virginia
and West Virginia, 2SaS5 fair 70 good. soa92
turkeys, iresh-killed, Western, spring dry-pickeo
fancy. SaSl; fair to good. 3Oa32; turkeys, old
toms. SlaS2; common. 2ia96 Ducks nearby, ga
20; Western. weighing Z lbs. and over. 2sa2s
smaller sizes. aaA. Geese. nearby. 23a25 West
em, 2a23.
LIVE POULTRY Fowls, heavy, extra quaI
ity. 2sa9; small to medhlm. 26sz: chickens
soft meated, 8a29: staggy young ro0sters 2sa5
old roosters, 2Aa6: ducks Pekin, 2Oa2l; Indian
runners 2ia36; turkeys, za2s: geese. 2ass.
GREEN FRUITS AND vEGETABLES--Ap
pies, barrel, Jonathan 5.o0a6.50; King 4.OOa5 50
Northern Spy, 3.50as. 20: Twenty-onnce, 4.Ooa5 "a
Huhbardstowu. S.eSa525: Greening. 4OoaG5O
Baldwin. 350a5.5; Rome Beauty, 35Os6.5O: STAY.
nan Winesap. 4.00as.oo: Black Twfg. 2.5Oa5 %
Paragon. 4.0oa525: Gano, 2.ooai.5O; York Impr
rial 4.ooab 3s Ben Davis. 3uOasf5; Western
box. Jonathan, 1.50a2.25, Winter Banana. L75a
500: Spitzenbsrg. LT5a2.5o; Rome Beauty. .l.70a
23; Delicious. l.75a2.5o; King. l.5Oa2.5o; ortley
lSoa25o; stayman Winesap. l.7sa2.oO; Pearmafn
E1ng M. GanO 4 Tiai nearly harurrnr
The Washington herald., 1918-01-08
CHICAGO GRAIN.
By JOSEPH Z. PRITCnARp.

Chicago. Jan There was little change ip
the Price Of corn today. resting spots for the
day being &c lower to unchanged. There were
no sales Of cash com in round lots here today,
while carlots were to 10 cents lower. Western
receipts were 900.
Besides the narrow market in corn. the volume
OF business was small and the situation was
generally satisfactory 70 the trade at large.
There was free profit taking in the oats market
and prices averaged lower early. but considerable
strength was shown late. There was heavy sell
ing by some Of the larger holders. while the
buying was principally on short account. Rest
ing spots for the day were at an advance Of y
to Il cents.
There was a strong market for provisions at
advances Of III TO i2ii cents
The Washington herald., 1918-01-08
BALTIMORE GRAIN.

Baltimore. Jan. 7.-Closing prices on the Bal
tiIHOre grain market:
WHEAT-No. 2 soft red, 222; No. 2 ned win.
ter, ".2i.
CORN-Cob corn. $40 per barrel for carloads
nearby prime yellow on spot; market firm in
tone
OATS-standard white. 9l4 No. } white, 20;
No. white, 80, sales
RfE-No- / Western. export, SPOT. l.Sal.S
Bag lots Of nearby rye, as to quality. l.sOa1.75.
The Washington herald., 1918-01-08
NEW YORK PRODUCE.

NV York. Jan. T.-BUTTER-Firm; receipt.
t.fT packages. Creamery. higher than extras
Per lh. 52lza55i creamery extras, s2score. 81
hrsts. E1sa5iis; seconds. k5ikal65s
EGGS-Fiun; receipts. 2.eoe caseA Ftesa
gathered extras, per doz., 81 extra firsts es
arsts, eias5; seconds s5se5; Refrigerator sreeia
marks. "A; frsts, cai5is; State. PennsyIyani.
and nearby Western hennery whites. fine I,
fAney. DaT5; State. Pennsylvania and nesrb,
hennery browns. s7aee
CHEksk-steadI; receipts. SO boxes Stat
fresh specials. pr lb., 2ssaa4; DO. ayerag
The Washington herald., 1918-01-08
NEW YORK MONEY.

New York. Jan. 7.-Money on, call opened at ]
per cent; mgh, per cent; low. y per cent
CiCss. ia per cent Most uf the DAYS loans
were made at Per cent.
Time money opened the week little changed.
Rates, 5Aa6 PER cent on mixed and per cent
on industrial
Mercantile raper met with a moderately good
market. Rates. 5sIa6 per cent for all maturties.
The Washington herald., 1918-01-08
Washington Stock Exchange.

Furnished by W. B. Hibbs & Co.
SALES.
washington Railway Il Electric pid.. at 65
Mergenthaler. 10 at l25. 10 at lG3Iz.
After call
Potomac Electric Power ss, 500 at 500
Mergenahaler. at l23A
Capital Traction. . at 7sz.
The Washington herald., 1918-01-08
NEW YORK CURB MARKET.

New YORK. Jan. 7.-Business was again smaller
en- the curb market. but prices maintained
fairly firm tone at slightly above the final of
last week. Industrial shares were less active
than in the preceding sessions but prices under
the continued leadership Of the motor shares
maintained a fairly firm tone.
Independent oil stocks were less active than
they have been since the early part OF last
week.
The Washington herald., 1918-01-08
HOME FRONT WAIVERS
COM. .NUED PROM PAGE ONE.

CONI.NUED PROM PAGE ONE.
Russian situation IL so obscure that
no definite judgment can yet be
formed.
King Ferdinand. of Rumania. has
cabled to the entente his resolve to
keep aloof from Russia's peace
moves.