davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
Yankee Athletes O"trun
Italians and British

Rome, Wednesday. July fan
American relay team today defeated
Italian and British runners in an
800 metre race in international
games held at (delate0. The Amer
lean team was composed Of Breen.
Conn. Irvine and Swivven.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
Filler KILLED
WHEN HITS TREE

San Antonio. Tex, July 1S-Flying
SO low the airplane collided with a
tree, second lieutenant Carl Wahles
of Hyde Park. Mass, and first lieu
tenant I. II. Highley, both of Kelley
Field, figured in an unusual accident
~ miles from the field today
Wahles was killed instantly. while
Hlghley was uninjured. The air.
plane caught fire after the collision.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
WOMAN DIES FROM
HUSBANDS SHOT

keene. \. H., July 1S-Mrs. Madli
kinnunen, who was shot by her hus-
pand in an outburst of anger last night
because his supper was not ready, die
today After wounding his wife kinnu-
nen killed himself The four children
OF the couple witnesses the shooting.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
RECORD MONTHS IN
FIGHTING SUBS

London. July Correspondence
of the Associated Press) Within the
last three months the number of
German submarines DESTROYED has
been greater than in any similar
period since the beginning of the
war. Depth charges played an i'm
portant part.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
CONTRACT FOR 81
NEW SHIPS MOST
OF THEM STEEL

Washington, July 1S.-Contracts for 81
ships of 1880 dead weight tons were
announced today by the shipping board.
OF that tonnage 49,, 800 will be steel. To
the Skinner G. Eddy Corporation of Sc
attic. Wn., went a contract for 80 steel
cargo steamships Of dead weight ton
mage Of 332,So0.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
ENEMY PLANES
ATTEMPT RAID
ON CITY PARIS

Paris, July 1o-Several enemy air
planes attempted TO raid the Paris
district last night. The air defenses
were put into action Immediately,
says the official statement and the
batteries opened fire. The alarm was
given at 11.5S and ''all clear" at IL 40
A. NJ.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
CONDOLENCES ON
REPORTED DEATH OF
QUENTIN ROOSEVELT

boston. July N.-The constitutional
convention today adopted resolutions Of
coincidence with Colonel and Mrs. Theo-
dore Roosevelt on the reported death Of
'helr son, Lieut.. Quentin Roosevelt,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
SEAMAN DRISCOLL'S
DROWNING REPORTED

Washington, July 1S--The drown
ing OF Joseph Driscoll, seaman Of
Revere, Mass, was announced today
by the navy department. Driscoll
was drowned on July Il at Hampton
Roads.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
Card Of Thanks

We desire to thank cur neighbors
and friends for their valuable assist
ance to us at the time of the burning
of our barn. thus saving our house
from sharing the fate Of the barn.
The children accomplished so much
that we wish 70 thank them espec-
tally.
Mr.. and Mrs. c. W. HOPKINS.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

G. A. F. Tifin, Augusta youngest
attorney. who returned from England
last week, has qualified for the officers
training school at Camp Lee. Peters
burg. Va. and expects TO be call>1
a bout Aug l.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Or. Joseph Poulin of this city received
notification by wire yesterday morning
Of his appointment as first lieutenant in
the Medical Corps of the army. Dr.
Poulin is native OF Lewiston and
graduate of Laval university Montreal
and rracticed in Lewiston for about FIVE
wears, later coming to Augusta, where
ba has been for about two and a half
wears.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
QUITS DIAMOND
TO MAKE SHELLS

.. LOUIS July 1S.-Douglas Baird.
ihllH haseman Of The 81 Louis Ma
ll"nalS' cult baseball TO-DAY to WORK
N munitions factory al Brock4a-
ridge. l..
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
AUGUSTA LOCALS

Mr.. and Mrs. s. w. Perkins anc
daughter Dorothy Will leave thS
morning on their annual vacation a.
Old orchard.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

aa etaoi cvfmwy shrdl cmfwyp etaoinY
Harry Reid left Thursday for Five
Islands, where he will pass the week
end with his family, who are passing
the summer there.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Friends of Mrs. Flora Smith Lang
maid of Dorchester. Mass. formerly of
this city, will be panied to hear of her
death. which occurred Monday. July 10.
Mrs Smith had been receiving treat
ment in a hospital for six weeks for
burns caused ny upsetting boiling wa
ter over herself
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

The Catholic ladies will meet this aft
ernoon at o'clock at the Red Cross
rooms over the postoffice. It is hoped
that all who can will attend as the
work will be sewing for the Red Cross.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs. Ray Bclyea. who was operat-
ed on a few weeks ago for appen-
DIGIT, was down town Thursday for
the first tine.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

~ u barton Or Lynn, Mass.
v,s Il Stgrd, oG Augusta were
r.es Wednesday 81 the home OF NJ
s- Mrs Is q Nca HARRISON avenue.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

-7.r. g 70 be an ice cream social at
TIE I1age.ow school. Spears Corner
ne evening" 40 admission fee and all
are invited
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mr.. and Mrs Chas, Gretchley Of
Nashua. y. H, were calling on rela-
tivos in this city Thursday on Their
way to Three Mile pond, where they
yill pass three weeks
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Frank Flanders, who came on to
attend tho funeral Of a relative.
le,t Thursday for ms home IN New
t-urt I
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

.,s Mrs George Tibbetts and
VI an- re,arned Thursday to
ta4s'.' .ne IN Brunswick.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

The Old South choir viii hold re-
hearsal Friday evening.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

II 2. Ellis of Boston was among the
business visitors in this city Wednes-
day.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

c-,o G.,rfcl Of Boston
ARRIVED Thursday FOR Nslt WIN
rer t4,aer cart oakman az 'he "a"
,cna. Home
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Master Charles Reynolds is visiting
his aunt, Mrs q. H. Thompson Of Ores
den, for a few weeks
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

,... cheney Of Bates college was
amons the out o. town Gamers III
I.s-d,ner r. Irsea>
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs. d. RadcHf left Wednesday for
Pressure Isle. called there by the death
of her mother, Mrs. Margaret A. Muir
rtNy
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

a.. Ben ann Johnson has ;ro az
.e,d Mass
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

London, July 19-There is a strong
note of relief and of gratitude In the
newspaper comment this morning on
Gen. FoCh's successful commensurate
between scissors and Chateau Thierry.
which is said is the most cheering news
for a 70 month
Hearty tributes are paid to Cen.
Foch's fine strategy and leadership.
The courage and dash of the
Franco American troops also are
warmly praised. The rejoicings over
Thursdays events however. are tenn
pered by the belief espresso! by the
newspapers shat the Germans have
rot yet been beaten and that they ~
no means have e--hauste their fore
es. The opiniCl 5 put forward THAI
the Germans thu: far lave engaged
only thirty of their total strategic
reserves Of h,tVeen &nvn1ty aud
eighty divisions. What Viii happe.
when these ar bought inn action i
awaited with ken Interest ~ the
military writer's. Seemingly. noholy
on the front n n w, inf"rm"I
quarters hese expects the German
high commanl to abandon the game
Grtil the last card is played.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs Ellen Rea and daughter, Edna
b. went Thursday to Canada Tor
visit.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Major Day of Richmond called q
friends in this city Thursday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs. Nettic Newton and children #
Maiden. WHO are passing the sum
mer at Lake Cobbosseecontee. were
in this city Thursday calling on
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

J. H. Borland Of Bath was calling On
friends in this city Thursday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

H T. Rigelow of st. Adams, VT. was
in this city Thursday calling on friends
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

49,. carter Of East Pi .,, was
,an. I, Gardner trends Thursday
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs, Albert walls left Thursday for
New York and Brooklyn for VISIT
Of two weeks with relatives.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

vre william Flanders
Mr aN- ars5av 10 their home in
r,lnsv.yE
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Master Earl Chase Of Gardiner IS
visiting relatives in this city for
fc wrecks
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

wee,brook was call
Ea- h'Ae ..terds Wednesday.
~ on G"'t'it'
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

william brann has returned 'f0"
m in ola orchard
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

George Arata went to Camden Thurs
day on business. making the trip ~
auto.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mrs. Newell FoWles ana So'.
George are visiting relatives ana
trends for Z few weeks in Benton
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

T.. Clara 4. Small left THURSDAY
.o- Portland
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Richard Addison of this city iel1
Thursday for two-weeks hsnlh6
trip to New Brunswick. Can.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Mr. ana Mrs oS'"'
.,.e to Passport
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Roland f. Bates of Boston was
among the Hallowell visitors Thurs
daV
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

L. +, Mcfarland Of Bangor was
calling on friends in this city Thurs
DAY.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

Nrs q F Redding Of Manchester.
n. H.. is visiting relatives IN fhis
city.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
ILONDON VIEWS
ON OFFENSIVE
OF THE ALLIES

London, July 1S-The great coun-
ter-attack in which the French and
American troops are participating
between the Aisne and the Marine
has succeeded extremely we'll, ac
Cording to the latest advices re-
ceived here tonight The counter
attacks We're noteworthy for the
reason that the French offensive ac-
complished a great deal more than
was achieved by the German drive
on both sides OF Rheims The
length of the front over which an
advance was made was practically
the same, and the French and Am
orleans working together advanced
IN SIX hours virtually double the
distance covered by the Germans in
three days. So far as is known at
present the junction line between
scissors and Oulchy-Le-Ch
ana also the junction line between
SCISSORS and Fismas are under di-
rect observation and fire from the
new Frech positions on the Crise
ravlne. There are two lines, the on
ly lines by which the Germans in
this salient between scissors and
Rhelms can be supplied. 1t is pos
slble, however, that the Germans
may have succeeded in connecting
up their lines in another way.
The French counter is regarded here
as one of the most brilliant pieces Of
work in the war
In London the view is held that the
advance has put an end to the German
offensive for the present and that
rheims can lie considered compare
lively safe.
South Of the Marine much local fight
ing is reported The French have los.
some ground but are still within effec-
tive range of the German bridges across
the river though it is possible they NAV
have lost direct observation. Further
TO the east the Allies have resained
ground IN good many sectors. espa-
clally IN the sector west Of Massiges
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19

rl.. Ruth Richards left THURSDAY
,,r Wiscasset
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-07-19
ADJUSTMENTS
THE STRAND

Bessie BariscaIe in "Patriotism,"
Billie West in "The Stranger" and
Gaumont Graphic at the Strand
TODAY
The sun., 1918-07-23

Exports from New York yesterday included
Barley, s,4s7 bu. -four, 6,sS2 hbls rye -four
81, 634 bbls.: bacons, 3,S5o,759 lbs: peas SIS
bu. beans. ee6, $50 blu: cornmeal, 6,t9l bhls
beef. $50 bbls. lard, 1889, l0S lbs
Exports from New York last week included
Corn. cSS. 36S bu.; barley. +73.Sas bu. peas
1854 bu.. rye -four. 62,sa bills. c"rnn ca
7c2l bbls.: beef. 800 bbls, bacons, l6,Sc3 "2H
lbs; cheese, $40, $50 lbs ; oats S+7 sN hr
rye. 1887 bu.: beans. 26s $50 bu: -four, esq
bills: oatmeal. s,2io bbls.; oil cake, SAG"
lbs. hams, $1,000 lbs; lard. II. SCI EOS lbs
luhricating oil, SIC, 900 gals.
The sun., 1918-07-23
The Packers Case.

This is the condition of the earnings
OF the five large packers who Have been
pilloried as prohteers by the Federal
Trade Commission In their recent report
on war profits" this firm continues.
THE business of these Ave packers, as
shown by Government figures, accounted
for only about one-third OF the meat
business OF the country. Their sales for
the last three years were over $4,000
100000 of product. The earnings were
8 cents on each dollar OF sales. This
amounts to only a small fraction OF a
cent profit on each pound of product
But because of the great volume OF
business done this aggregate profit
amounted to S140,000,000 in tho three
years What was the profit for n sim
liar period made by the large number OF
smaller packers who did the other two
thirds OF the meat business OF the coun-
try? 1t is fair TO assume that II was
nearly as much in proportion--perhaps
even fully as much more. If 1t was not
as much In proportion 1t is because Of
the better results from larger capital
and larger brain power used in business
by these five. which gave them a more
perfect organization. This is not prof
iteering. IT Is only fair profit on a
big business created by superior ell
cheney and business ability. The ad-
vantage to the Government has been
that, for one instance, in very brief
time. these packers were able to
promptly I'LL the Governments demand
for $29.000.000 worth OF product, II
the business had not been so large and
SO well organized the Government could
The sun., 1918-07-23
WAR BOARD FIXES
NEW HIDE PRICES
Maximum Rate Increase Made
to Help the Small
Dealers.
TO EQUALIZE MARKET
Order Becomes Effective Au.
gust I and Will Continue
for Three Months.
Special Despdfch 10 THp srS.

WASHINGTON, July c2-Changes In
volving slight Increases in two items In
the fixed prices of the Government on
hides were announced by the War liz
dustries Board to-day following the ar-
prevail OF President Wilson. They VIII
aid the small dealers and will become
effective August 1 and continue three
months. The changes were agreed on
In a meeting OF the price fixing COM
mittee with certain representatives NJ
the hide interests here last Friday I'll.
new prices are:
Packer hides-Heavy native steers
No. 1, 30 cents: heavy butt branded
steers No. /. 90 cents: heavy Texas
steers No 1. 2S: heavy Colorado steers,
81: light native cows No. l. "a.
Country hides (for best SO 'tionsI-
Extremes. 25 to As pounds. 90 cents;
bluffs, As to so pounds. 81.
All country hides are to he housh,
and sold on Q selected basis
River Patte friEorlfico hides--Maxi-
mum price on steers. $50 Argentine gold
maximum price on cows. $40 Argentine
gold, T. 9. b. shipped, including export
duty and lighterage, put not including
sailing charges.
The new prices are basic and will Re
used in establishing all other differ
entails in the hide and leather business
which may be decided upon by the War
Industries Board from time TO time
these readjustments OF maximum
fixed prices" said the boards announce
ment, will more nearly equalizo the
actual market conditions as reflected in
prices OF country hides and need not
affect the prices of cattle. There nave
been widespread complaints that Tho
small hide producer has been unable
owing to marketing conditions. to Obtain
fair price for his hides. The War
Industries Board has, therefore under
consideration the appointment by per-
NIT of hide dealers similar to the system
adopted in WOOL
The sun., 1918-07-23
New Haven.

No satisfactory reason for New
Haven's recent strength has been forth
coming. although it has steadily ad-
vanced in the last two months. and 1t Is
beginning to impress the Street as due to
something more than pool work. One
phase OF the New Haven mystery Is the
persistent buying by small investors.
particularly in New England. whose
iockbound affection for the stock carried
many to financial disaster, but who now
probably see better outlook for the
road. And yet this kind of buying is not
alone responsible for the stocks rise. for
in many sessions very large individual
sales have occurred. A possible hint OF
the reason for New Haven's action is
given in the following analysis which
was made public in the financial district:
From a short study OF New Haven's
many financial equities 1t will be seen
that among the most important OF these
assets are holdings of over 50 per cent.
OF the common stock Of the Boston and
Maine Railroad. This common stock is
now selling at $33 a share on the Boston
Stock Exchange. which Is below the SELL
ing price of New Haven. In comparison.
such low price for New Haven liz at
tractive to farsighted investors of New
England, who know that the New Haven
road Is one OF the best equipped of tho
world, that 1t serves one OF the largest
industrial centres and that 1t is conceded
to be more prosperous to-day than at
any time in its history"
The sun., 1918-07-23
An Unpatriotio Trader.

Ono explanation of the sluggish ex-
hibition Of the stock market was that
big operator put out new short lines In
an effort to depres prices This trader
was the one reported as a heavy seller
last week, and seeing the market turn
against him he pounded steel and a
few others in the hope Of bringing about
a decline, which IL started would catch
a string of stop loss orders in stocks.
One prominent member or the Stock
Exchange. who knew OF the OPERATOR
actions. pointed out that In market
where public participation was at
minimum it was comparatively easy for
one man to influence the course OF prices
by manipulating a line Of 100000 shares
or more. That this mans operations
are unwelcome to the best financial In
terests is well known and several lead
Ing brokers went so far as to brand him
unpatriotic. while a governor OF the ex-
change stated he might be subject FOR
investigation by the Stock Exchange
authorities. Those In touch with the
situation believe that short selling al
this time is a poor demonstration OF
any ones loyalty. for its chief object
is to scare security holders into throw
ing over their stocks, though from the
restricted volume OF transactions II
would appear that this Individual Is not
accomplishing his purpose.
The sun., 1918-07-23
Fertilizers in Enormous Demand.

An interesting circular has Just been
issued by Maury. Rogers & Auchinc'oss,
members of the New York Stock EN-
change, 81 Broadway, in which they
draw attention to the present position
and prospects OF the Virginia Carolina
Chemical Company. They point out tina,
fertilizers are high in price because o.
the enormous demand and this abnormal
inquiry is In turn stimulated by the
very high prices for foodstuffs, cotton
and agricultural products OF all kinds
The circular letter contains the state
ment that with these economic con-
ditions and general influences, 1t is safe
to assume that period OF several years
OF very large earnings is In store for the
Virginia Carolina Chemical Company
and that the common shares of the
company should in turn duly reflect
this greatly improved earnings position
The sun., 1918-07-23
PrOnteerinK.

The line dividing legitimate war prof
its and profiteering is not distinc,
enough for universal observance. and
naturally thrnse on one side of the line
view II differently from those on the
other The view of Wall Street house
seems to strike balance in that II
points out the common error of many
people in the misuse OF the word prof
iteering I'm these days great care
should be taken not TO misead the pub
lie in regard to the large industries OF
the country. upon which so much de-
ponds for winning the war as quickly
as possible" 1t says. 1T appears that
the public. and, II may be concluded
also, the politicians have a very vague
idea OF the meaning of the word prof
iteer. 1t should not be applied to the
earnings of large business where those
earnings have been made by only a
small percentage Of profit. but where
notwithstanding, because so much bust
ness has been done, the aggregate earn
ings foot up heavily"
The sun., 1918-07-23

not have been served promptly. and suf-
iering to the Allies and the soldiers
might have followed"
The sun., 1918-07-23
RAILROAD EARNINGS.
GRAND TRUNK SYSTEM

GRAND TRUNK SYSTEM
1915 Chang"
Second week July. Sl,alSAs u. F'.'..'
DETROIT AND NACklNN
Second week July. Soy 90 lac We
ST. LOUIS SOurHWTSTEE>
Second week July...... Slli g. D.. 80 -
The sun., 1918-07-23
Elk DIVIDEND TABLE.
Dividends.

Stock OF Pay
Record. able.
American Bank Note Co,
American Bank Note Co.
pr O, use. Sept 10 Oct.
Bethlehem Steel Corp. "A"
q, $3.50 ......,....,...Se sept 10 Oct
Bethlehem Steel Corp. "B,
a, $3.50 ....,....,..... Sept l6 Dot.
Conn. Railway Lighting,
1hT ...,,..,., July 81 Aug Il
Conn. Rwy. Lighting, pr,
Continental Bank. 1850, July IS Aug.
Gen. cigar Co. pr q.
lxSc .........,........Au Aug ~ Sept. .
Phil. Co, s-a. 2hT, pr.
stewart Warner Speedom-
eter Corp, q. lhSs.... July 81 Aug. Is
Thompson -Starret Co. pr.
s-a. 4% ...,,..,..,,.,.Sep Sept. FL Oct. !
United Cigar Stores, q.
az 80 .....,,...,,....., Aug. Aug, II
Pacific Mills OF Boston.
s-a,. tt..,.............J % Aug. ]
The sun., 1918-07-23
GOSSIP OF WALL STREET.
A Banning session.

Wall Street experienced a banning
stock market session yesterday, and
after Ave hours Of endeavor was no
nearer a plausible explanation of the
weakness than at the beginning of busi-
ness The spectacle OF declining prices
on the most bullish military news since
this country's declaration of war on
Germany was the feature of the day.
and though a number of rea sons were
volunteered none was especially enlish
ening. The taxation hearings at WASH
ington were hardly a major factor, for
professionals, as well as investors gem
orally, have long known that this was
coming. Money conditions, while tight,
were unchanged from recent weeks and
as far as Steel Is concerned the belief
Is widespread that there will be no
change in the rate despite the heavy
extra war taxes. These are facts which
might At In with a falling market, but
on the other side military dispatches
continued most gratifying and Of late
Wall Street has been following the war
news more than anything else.