davidaulloa/AmericanStories huggingface dataset:
Evening star., 1918-06-02
LATEST FROM WALL STREET
BY WIRE AND OTHER WISE

NEW YORK, June 1.-The Marine
annual meeting 10 to be held Monday.
There IL talk in banking circles that
the company may mako some PROPOSE
tion to the stockholders at this time
Morse.
Atlantic Coast Line report-April,
gross. 37so,5s5; net, after tax. 3soe.s55;
four months. gross. s2.4s2,o54; net,
after tax $141,s2S-Dow, Jones q co.
Would rather buy than sell for q
turn.-iatsfel6.
Reactionary tendency by stocks from
the opening to further liquidation by
traders on the war news overnight, al
though the British report of this MORN
ing shows nothing new on their front.
Marine stocks continue exceptionally
strong features on the belief the desI
will sooner or later come through,
There is a general tendency now to
await the French war ONCE report
Moler.
The tendency during the past day Or
two has been contract lines on both
sides Of the account. pending develop
The immediate course q prices will
no doubt be governed in large part by
the character Of developments on the
battle fronts.-E. T. Pulsifer.
Sentiment as to the course Of the
stock market for the immediate fu-
ture is Influenced now SO much by the
character of the war news that II pre-.
dominates over every other considera-
tion.
The overnight reports had q de.
pressing influence and caused consid.
erable further scattered liquidation II
the general Industrial list and . sym.
pathetic decline In most Of the rail,
road stocks. although the trading II
these issues was very dull.
Toward the end Of the session {
| more encouraging view OF the situa
| tion was formed from the detailed re-
port from the French war ONCE sen
from Paris at noon (this time) today
This caused the rallies In the mar.
ket during the last half hour which
left prices for the general list show
ing only fractional net declines, q,
against some substantial gains Ia Re.
nDAet6f8sa.
Evening star., 1918-06-02

ported to be aeeumulating under
standard rail stocks from oonservs.
tive interests having for some time
been giving close attention to the
railroad policy Of the government.
Union Pfciao, Southern. Atchison,
New York Central. Greet Northern,
Western are understood to be favored
by the buyers.-Moler.
There appears to be developing
among the rank and hle Of the
trading element q conviction that for
to be expected. but that better re-
suits will be gained through buying
SELECTED issues during Teoessions
fssAey shen yvyina o. taiiisA salsas
Evening star., 1918-06-02
COTTON MARKETS.

NEW YORK. June There was
renewal OF liquidation in the cot~
ton market today. owing to the cons
tinued favorable crop news, nervous
ness over the war situation and the
disposition to even up accounts for
over the week end and the gevern-
ment report of Tuesday. July COM
tracts broke to 24.4o, or fully So per
bale. from Fridays close and 145
points from the high level Of yester-
day. That delivery closed at "a 80,
with the general list closing steady
at a net decline Of As to 81 points
The opening showed the influence
of overnight selling orders, first
There was considerable covering, and
after a further break of several
points prices rallied slightly, but met
increased offerings and soon weak.
ened. Selling was encouraged by
the good weather. comparatively high
private condition figures and the
bearish week end statistics. with the
break extending to $500 for October
and 22.76 for December, or about 81
to Sc points net lower on the more
active months.
The sale of 100 bales of alien-owned
cotton realized % cents for strict low
middling uplands, which was consid-
cred equivalent to AIS points on the
opening price OF July, basis middlfng.
average price paid there for 1000 bales
was 2S.09, with mill interests the buy
ers.
NEW ORLEANS. June 1.-Selling
pressure was in evidence throughout
the session in cotton today and the
market held at the decline from start
to finish. Unfavorable war news and
bearish comment regarding the bu-
reau report on condition next Tues
day were the main influences back Of
the selling. The holiday here Mon
day, making double holidays, to be
followed by an important bureau re-
port, resulted in liquidation Of long
contracts in considerable volume. The
market was irregular. July being
much stronger than the new crop
months. At the lowest level of the
day prices were - TO 6S,petnts under
the close of yesterdays last pricSqe
Evening star., 1918-06-02
RAILWAYS IN APRIL
/ EARN $SO,0OO,0OO
Decrease of Operating In
come In Four Months Due
|, to Demoralized Traffic.

Railroad earnings in April amount
cd to about sso.oooooo. according to
reports of the Interstate Commerce
Commission yesterday. This was .
considerable improvement
The April earnings are within
S5,0o0,0o0 as much as net earnings Of
April. 1917. and about $17.ooo,ooo more
than IN March.
Net Operating Income.
Actual net operating income in
April for 149 Of the 1875 frst-class
roads, as reported by the commission.
amounted to s62,006,00 and later re-
ports from other roads are expected
to raise this to $s0.0o0,000.
For the four months ending with
April net operating income Is esti-
mated at nearly s14o:ooo: 90 :ooo, O. as COM
same period last year. This decrease
of practically one-half was caused by
Decentralization of traffic in January
by bad weather. Earnings since that
month have improved steadily. how
ever, and now are nearly normal.
If the same rate of earnings were
continued throughout the year a
deficit of about $400.00o.000 would be
recorded. This Is not expected. how
ever, owing both to the natural i'm
pIONcLhCHL OpCI4e
tion and to the increased revenue. es-
timated at moro than s4o0,o00.000
from the higher freight and passen-
ger rates.
Freight Traffic in April.
In April freight trafic was greater
than last year, operating revenues for
149 roads amounting to s325,767.oo0,
about s45.000.000 more than in April.
1917. Expenses, however, increased
proportionately.
OF the roads reporting. those in the
eastern district earned S21,550, 900, as
compared with s2S,454.000 in April,
1917. Western roads earned s2S,915,-
600. as compared with s31,034.000 in
April, 1917. Southern roads earnings
$l1,56e,000, as compared with $s,9s1,-.
900 in the same month last year.
Evening star., 1918-06-02
LIVE STOCK QUOTATIONS
NOW U. S. OFFICIAL

CHICAGO. June Collection and
dissemination Of live stock auetations
BY the government went into effeot
at the stoclyards here today.
Heretofore prices have beer, obtain
ed unoficiaily through the mark ct
departments OF the telegraph oom.
paniSs ana from nswspapSr sourees.
IN the future. % far st Dessikie. -.
tss tss' ,s.s Sssss 9, ss,Z vi ~ & SSsfsa 20
Evening star., 1918-06-02
Your Money

No fake or Questionable
advertising is allowed in The
Star.
Millions of dollars are saved
by people who have been
wise enough TO consult a
banker before investing in
worthless securities. You
should do likewise.
Evening star., 1918-06-02
On Steel Commons Dividend.

Every one is asking whether or not
the Steel Corporation can continue the
payment Of the II per cent dividend,
regular and extra. on the common
stock. under the new tax law. No In
formation being available as to the
new tar law, the problem 10 difncult.
fIorAblower d Weeks, q preuainerit
e1shAnes house. hAs fhis to ~ 81 the
Evening star., 1918-06-02
NEW york PnoDucr

NEW xORk. June i-Corn, net ir.
, Irregular; kiln dried No 8 yellow. Lee,
and No. Z yellow. 1.5sH cost and
freight New York. ten-day ship
.insnG oata spot unsettled; standard,
sasa7sM. Lard. nrm; middle west,
l2Asoa14.xe
otAar articles unahaaged.
$NpeeAssa appleo-Duli. Prunso-
Z fNAidAE Aprfdeto ena SeosSSa-,
Evening star., 1918-06-02
DRY GOODS MAnKnr.

NEW YORK. June Cotton goods
fhefe today were steady and yarns
tdrnA. Finished cotton rose Raw siIk
fwt1 steady on. high levsI. Linens
eN4xS quiet Burlaps were steady,
Evening star., 1918-06-02
| Will Buy

20 Capital Traction at SIS.
Is Wash. Rwy. q Elec. com.
rs Wash. Rwy. & Elec. pfd. mt Sc.
20 Washington Gas at 5Sh.
1000 (any part) Celestine OIL.
1000 Miller Train Control.
Exclusive of commissions. Subjec
to previous acceptance or cancellation
Bonds plus accrued interest All exc
cutions for cash. Deliveries for cas-
-
Evening star., 1918-06-02
Says Competition Is Serious.

Myron T. Herrick. president Of the
Society for Savings IN Cleveland,
went on record in a speech before the
savings banks and the farm loan
banks make 'it increasingly difhcult
for private banking not in the sense
Of private banks, but Of stock cor
porations in the savings bank busi-
ness.
He called special attention to the
fact that these Institutions have
rents, taxes on reserves, salaries and
other expenses TO pay cut Of incomesi
while the privileged competitton OF
Evening star., 1918-06-02
By I. A. FLEMING.

Bank clearings for the month of
May were the largest OF any month
in the record Of the nation, totaling
1927, ,25s, 900. compared with $ss2, ASS, 900
for the same month in 1917 and $7o1.-
345.o 900 in 1916.
Substantial expansion continues at
Philadelphia. Boston, Baltimore,
Pittsburgh. Cincinnati. Kansas City
and New Orleans with a slight slow
down at New York and Chicago,
through the diversion Of much busi-
ness to other cities. Washington also
reports handsome increases in the
volume Of clearings largely incident
to the great increase in the army of
government workers and heavy pay
ments for the account of various gov
ernmental activities.
Under normal conditnons the situa-
tion in the United States would be
to the liking OF all Americans. as the
crop outlook 10 excellent and business
and manufacturing are at high ebb.
The discouraGing factor is found IN
sity for the further curtailing OF non
ness OF the hour, a condition which
every one recognizes and willingly
assists in these days Of national
trial.
All interests that are essential to
the success Of the business OF making
war have been largely controlled by
the government.
Evening star., 1918-06-02
WEEK S RANGE OF PRICES ON new YORK STOCK MARKET
of
Railway and Miscellaneou. Shares.

and NM
following shows hk g h@ta bng prices sales dn
New Y Exchange Ted den ahaekWn Where blank hnn
ais given h dhe ae1o
Evening star., 1918-06-02
II own bank.

THOMAS L. HUME, Broker,
1912 G Street. Tel. M. 1346
Evening star., 1918-06-02
| VIII Sell

$500 Washington Gas SO at %.
$1,000 Wash. Rwy. & Elec. 40 at 6S1<s
$1,000 Potomac Consld. SO at 95.
25 Capital Traction at SO.
40 wash. Rwy. & Elec. com. at So.
70 Wash. Rwy. Il Elec. pfd. at 6S.
rs Washington Gas At 90.
10 MergenthaIer at 1IOA.
81 Lanston at 90.
10 Munsey Trust Co. at IS.
so Continental Trust at 11Sh.
IS Franklin Nat. Bank.
8 Riggs Nat. Bank at 465.
16 Farm. Il Mechs.' Nat. Bank at 2Ss.
100 Central Savings Bank.
rs Northwest Savings Bank mt 10.
80 Exchange Bank of Wash. at 9M.
500 Miller Train Control.
200 American Paper Can Ibid wtd.).
100 Buell. Signal & Train at IN.
400 Phoebe Mines Co. at so cents.
ZOO Ce1estine OIL Co.
so Wash. Storage Co. go stock.
Evening star., 1918-06-02
On the Local Stock Market.

The washington Stock Exchange
held but three sessions during the
current week, and the total transac.
tions were inconsequential and the
price changes unimportant.
June disbursements were not heavy,
but disbursements have long since
ceased to be factors In the local mar.
ket. the favorite form of investment
these days being short term MATURE
ties Of all industrial corporations.
Interest naturally centers in the
future Of the public utilities and un-
til such time as definite announce
rnent is made as to the merger un.
der contemplation investors IN these
securities must wait with whatever
patience they possess.
Labor shortaees are said to be
botherine both traction companies.
and threaten to reduce the full equip.
ment operation unless remedied. The
same trouble operates In every line
Of Industrial and even domestic eff
fort
Evening star., 1918-06-02
Personal Mention.

Charles p. Light, for two years
manager Of the local ONCE OF the
Fidelity Mutual Life Insurance Com
|pany Of Philadelphia, has accepted a
position with the Washington branch
Of the National City Company. effec-
tive June !.
Mr. Light has an extensive ac-
quaintanceship in Washington, due
to his activities In connection with
recent campaigns of the z. N. c. A.
the Red Cross and the third liberty
loan, he serving as executive secre-
tary Of the liberty loan committee of
Washington.
Evening star., 1918-06-02
Bankers Continue Hopeful.

Bankers are pleased with the man
ner in which government financing of
the war to date has progressed. and
are hopeful that the increased needs
may be provided for with as little
disturbance.
About s6 per cent Of the payments
on the third liberty loan are esti-
mated to have been met without
causing more than q ripple on the
money market; before the fourth is
placed on the market income taxes
and personal and real estate taxes
for the year will have been paid of
and the harvests OF 1918 marketed.
to Q very large degree.
Naturally, money has been firm.
generally holding around 6 per cent.
but there has been little difficulty in
negotiating loans, nor have collec-
tions shown any especial slowness.
Evening star., 1918-06-02
Money to Loan

Secured by First Deed Of Trust on Real Estata.
Prevailing interest and commission
Joseph |. Weller, GA F St. NV.
Evening star., 1918-06-02
Use Of Trade. Acceptances.

The use of the trade acceptance
among merchants Is growing steadily.
Bankers are doing all they can to
encourage this method of obtaining
credit by merchants. as producing
more business, better customers, fair
er prices, surer collection. improved
method Of accounting, smaller losses
and less friction.
The Federal Reserve Board and the
federal reserve banks have given spe-
oial rates on rediscounts secured by
acceptanoes, and the rates are much
lower than on commercial paper ex-
oept Of the highest grade and con-
siderably below bank discount rates.
Acceptances having less than ninety
days maturity are rediscountable.
Big banks in New York city are
offerfng hundreds Of thousands OF
dollars Of this paper, sixty-one to
ninety days maturity. ~ to ~ per
cent, most Of the large amounts being
made up OF blcoks Of $4,000 or under.
Many acceptances bear Endorsements
Of large foreign banks and indicate
that Aoceptances are growing form
OF foreign trade settlements and
more freely used by American busi-
ness concerns
The Redwood gazette., 1918-03-20
MAKING IT TOO HOT FOR EN-.
(By Gunnar Bjornson)


Very seldom does any publication
admit that it has lost subscribers.
There seems to be an unwritten
law among the publishers of period.
icals to the effect that the loss of
subscribers is something that should
not be admitted.
From a business point of view this
is something quite correct. It is an
accepted principle of business that
you should never admit that things
are not even quite better than they
are.
But this is a time when loyal pa
pers must admit, if they want to be
frank, that they are losing subscrib-
ers.
A number of papers in Minnesota
have made that admission already.
They have told how those who are
not favorable to the policy of the
government of this country have come
in and stopped their paper"
In common with other papers that
have. supported the government the
Mascot has lost patronage for so
doing.
A number of pro-Germans have
notified us that they do not desire to
receive the paper any longer.
These people are few. Their in
iuence is very limited and it does
not make any difference to US, finan-
cially speaking, whether Or not they
are on the list of subscribers.
Because they cease to remain sub
scribers that has but small affect
upon us one way or the other. Their
withdrawal of patronage amounts to
nothing.
The vital fact is that these people
are trying to punish loysl papers for
the stand that they take by cancel
ing their subscriptions. That is the
one thing that seems to really count.
The one thing that should be consid-
cred, by all, as of mere than passing
significance.
It is alarming that there should be
in this country class of people, so
void of obligation, to the land that
is not only feeding them but that is
giving them every manner of COM
fort and even riches, that they should
desire the cause of that country to
suffer loss, or go without that full
measure of unselfsh devotion 10
which it is entitled from all.
But that there are such people
there can not be any doubt.
Every community has them.
| They are the people who are dis
loyal. They are to people who go
about stabbing this country in the
back while they are receiving from
it the things that are making tn I'm
comfortable and rich.
| Every newspaper has number of
The Redwood gazette., 1918-03-20
SAVE MORE SUGAR.

Actual sugar famine in some COM
munities of the state recently indi-
cate that the people will have to be
more sparing in their use of sugar
than requested in the recent order Of
the state food administration. Public
eating places have been requested to
regulate the sugar bowl and to serve
sugar on request in containers hold
ing the minimum amount that should
go with the food or drink being served.
By exercising care in the use of su-
gar at this time, it will be possible
to have some sugar all of the time,
says the state food administration,
but if we abuse what we have now,
it will result in our going without it
entirely until the transportation prob
lem clears up and the distribution Of
the supply is made more general.
The Redwood gazette., 1918-03-20
MORE ABOUT ADVERTISING.

Psychology has great deal to do
with merchants failure or his sue
cess, and advertising is often blamed
or credited for it. We heard a man
say: 81 don't believe in advertising, it
doesn't pay" Another man that same
day said: "My. but I was pleased with
the results Of my ad." You didn't
have to look far to know why the one
failed and the other succeeded. The
failure was a man with a don't care
expression mixed with acetic acid.
The other fellow impressed you as
being interested in your purchases
and the quality of his goods, and he
carried a cheerful, optimistic smile
and hearty geniality that made the
customer go there again and again.
Scientists call it psychology, good
business men call it good sense. In
small town a crab might advertise
with a lavish hand, and his advertis-
ing would not bring results, because
he lacks the personal magnetism that
pleases people. The ad will get the
customer once, but the merchant must
hold him twice.-Anoka Union.
The Redwood gazette., 1918-03-20
HEALTH CONDITION OF ARMY
THE BEST IN THE WORLD.

The honest truth is that the health
condition of the American Army, not
withstanding they have gone through
the most severe winter Of half GEN.
tury, is by far the best Of that of any
army in the world.
The death rate from disease per
annum of the American troops is 8
soldiers out of thousand.
In the Spanish-American War the
death rate per annum of the Ameri-
can Army from disease was 25 sol
diers out of thousands.
In the China-Japanese War the
death rate per annum from disease
was Is soldiers out Of thousand.
In the o-Japanese War the
death rate per annum from disease
was 20 out of a thousand.-Extract
from speech by Senator Ollie James.
The Redwood gazette., 1918-03-20


these people on its list.
The Mascot has less of them than
| it used to have. And that is becf,use
we have been making it too hot for
them.
And we are going to keep or do
ing SO.
As long as we have anything 0 do
with this, or any other paper, Wi are
going to try to make it so hot fc' any
one who wants to help the Kaiser and
his German brutes, by shooting Amer
ican boys in the back, that they will
stay so far away from us thai we
may never see them.
We have no use for trs itor.
We have no use for anyone who
has more love for foreign coautry
than he has for America.
We have no use for the rnan or
woman who will live here, make mon
ey here, and build up name und a
fortune for themselves in this ccun-
try and then refuse to take all un-
questionable stand on the site of
America in a struggle such an this.
It concerns us not now whaI. their
attitude may have been i'll thu days
of peace. The fact that the country
that they live in is engaged in life
and death struggle, should mean to
them so much that they shot d be
willing to do their all to help.
He who is not willing to dt' that,
he who is not willing to do his ut
most for the boys who have gone to
the front and for the cause that they
are supporting with their strength,
their blood and their lives, is not
worthy of American citizensEip.
Those who are not loyal should be
returned to the place from whence
they came.
There should be no place ll Amer
lea for any one who is mol for thiH
country.
And that man is "not saying
anything" should be taken to mean
just one thing, and that is that he is
against America.
There is no place in this country
today for the fellow who is ''nOt say.
ing anything"
In crisis such as cont,'onts the
nations today, every country can say,
to those within it's confines. "He who
is not FOR me is AGAINeiT me-
You can not possibly be neutral and
remain loyal. "There ain t no such
animal" You must be OH ono side
or the other. You must ba, for Amer
lea or against her.
If there are any on our list Of sui
scribers who are not satisfied with
the stand that the Mascot tales on
matters Of loyalty, why, then tbis is
an invitation for them tn hav. their
names taken off the list
We do not want to have any pre-
Germans among the sui scribers 70
our paper. as we know that it is, and
always will be, out of i,he question
for US, to give them the worth If
their money.
Besides, any such will not want olr
paper and they may rest fully as
sured that we do not want them.
The time has come when every
loyal American should invite the dis
loyal man to do his business else
where.
| One of the Minnesota soldier boys
showed copy of the Mascot to one
of his comrades, who wa, from some
other part Of the county, and the
latter said: Zone the most loyal
little papers that | have seem"
| That comment is worth more 10 US
than the subscription price thai we
might get out of some disloyal pro
| German, were we to adopt Iollcy
of keeping still in matters of this
kind.
The Redwood gazette., 1918-03-20

of the men from all occupations TAX
en- into the military and naval SER
vice. Up to the present time less
than per cent Of the total farm la
Dor has been taken into the service,
these figures indicate, and there is
little possibility that this percentage
will be materially increased before
the next crop is harvested. "The food
The Redwood gazette., 1918-03-20

situation is Fundamentally" says the
national food administration, sand
the government will give just as
much attention to the proper har-
vesting of a crop as it will give to
the production Of war machinery and
munitions. The farmer should plant
record acreage and he can be as
sured that the government will find
him solution for any possible lack
of labor that may arise
The Redwood gazette., 1918-03-20
WILL HAVE HELP.

The labor troubles of the Ameri-
can farmer, or the possibility that
the farmer will be handicapped in
raising a large crop through lack of
help is largely matter Of anticipa-
ton, rather than actual fact, accord
ing to figures given in classification
The Redwood gazette., 1918-03-20

Fashion may take pity on man
some day and permit him to wear Lis
gorgeous necktie outside his sober
waistcoat.
The Redwood gazette., 1918-03-20

Maybe cent letter postage will
alleviate some Of the burdens of the
considerably overworked letter car
rier.
The Redwood gazette., 1918-03-20
How About
Hard Coal?

HARD TO GET AND A MIGHTY
POOR FUEL TO DEPEND ON FOR
HEATING YOUR HOME IN THIS
LATITUDE.
MAKE ARRANGEMENTS TO BE
OF HARD COAL
BY INSTALLING A "PERFECT'
HOT AIR HEATING PLANT.
BE CAREFUL TO GET 1T PROP
ERLY INSTALLED.
PEASE KNOWS HOW-EITHER
PIPELESS, SEMI-PIPELESS OR
FULL PIPED JOB.