davidaulloa/AmericanStories huggingface dataset:
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

McCallen, Texas, May 20.-Ser-
geant Herbert Ulrich OF Kawkawlin,
Mich, was killed by shot from
across the Mexican line near HidaI-
go today. Four Mexicans were kill
ed in the return fire.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20
ARE
KILLED IN ENEMY
RAID ON LONDON
BULLETIN.

London, May 20.-Thirty- seven
persons were killed and l55 injured
in the London area during last
nights air raid.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

at Bloomfield, Neb., Saturday night
killed II and injured p.
Washington, May 20.-The Wis
consin license fee law. imposing a
tax ON life insurance companies
which do business in the state. was
held constitutional today by the su-
preme court lin proceedings brought
BY the Northern Mutual Life In
surance company.
Washington, May 2O.-Presidert
Wilson today signed the Overman
bill, giving the president broad
powers to coordinate government
departments.
Paris, Sunday, May l9.-French
and Italian troops have made an
advance of 20 kilometers (l2 IL
miles, on the western end OF the
Macedonian front, the war office an
nounced tonight.
Washington, May 1.-Congres-
sional leaders and Secretary Nc
Adoo failed today to agree on
whether revenue legislation should
be undertaken at this session OF con
gress, and this decision was lett to
future conference.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

Washington, May 20.-Iames A.
Farrell. president OF the United
States Steel Corporation, is the la
test captain OF industry to be asked
to. help the government win the
war. He has been rendered the po-
sition OF director of operations OF
the shipping board.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

Omaha, Neb., May 20-A tornado
at Bloomfield, Neb., Saturday night
killed Il and injured 25.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

Continued on page 8
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-05-20

gasoline for submarine and airplane
power and has enough to provide
for the entire needs OF the war.
Vivid Pictures of Trench Life.
New-York tribune., 1918-08-16
Increase i'm Crude
Petroleum Receipts
Pipe Line Reports Show July
Gained 1858 Barrels
Over .J11re

The receipts of crude petroleum
from the wells of the pipe lines that
make regular monthly reports in the
fields east of Illinois were much larger
in July than in June. They amounted
to 1,9SO,960 barrels last month, an in
crease of 1858 barrels over the June
record, according to the statistics just
published by "The Oil City Derrick"
The gain in the daily average
equalled 1881 barrels. Moreover,
nearly all the lines reported increases,
the largest being the Eureka, amount
ing to 54,S97 barrels, and the Cumber-
land reported squirt of 23,971 barrels.
The average daily receipts last month
, were eS,9ol barrels; against es,25e a
The stocks held by the Eastern lines
increased 100,330 barrels during July.
the total being 8,059,217 barrels in
the stocks of the Lima crude oil and
of 2O,204 barrels of Illinois crude oil
held in the Eastern lines.
New-York tribune., 1918-08-16
y. S. Treasury
Fixes S1.01 IL as
Price of Silver
This Action Practically Es-
tabIishes World Price
for the Metal

WASHINGTON, Aug. 15.-The Treas
ury announced to day that it had virtu
ally fixed the maximum prices of silver
at Sl.0l1s per fine ounce and that ex
port licenses for silver would be
granted by the Federal Reserve Board
only for essential civil or military pur-
poses and on condition that the maxi
mum price was not exceeded by the
purchaser
This, in effect, establishes world
price for silver, most of which now is
being supplied by the United States.
Within the last three months the
government has melted down about
1OO,00O,O0O silver dollars and exported
most of this to India, China and Japan
for coinage purposes. Since the law
under which this was done specifies
that the government shall pay 81 per
ounce for silver to replace these melted
dollars, the government found it neces-
sary to sell its own stocks at "a cents
above the purchase price. .Recently
some purchasers have been bidding as
much as $1.O2 for silver to be exported,
necessitating action to stabilize the
price.
One condition for the sale Of silver
by the government now is that the
purchaser shall not pay more than the
standard price of S1.011a in markets
outside the United States.
Director of the Mint Baker, who now
makes all purchases Of silver and other
precious metals for the government,
now pays S105 an ounce for platinum,
$135 for palladium and SITS for ire
dium The government has virtually
established monopoly in these metals.
New-York tribune., 1918-08-16
Mot Disturbed by
Boston Bank Protest
Clearing House Men Say
Acceptance Ruling Is
Not Unjust

Members of the New York Clearing
House Committee yesterday character
lied as tempest in teapot" the pro-
test of Boston and certain bankers In
other cities against the charge Of one
tenth of 1 per cent imposed by the
Clearing House on out of-town accept
ances sent through the clearings.
The reported threat that out-of-town
deposits would be reduced unless some
action was taken to meet the objections
Of banks in other cities was not taken
seriously, in view of the fact that it
would be impossible for the Clearing
House committee to rescind or amend
its recent ruling until ninety days have
elapsed. 1t was pointed out that there
was no injustice in the collection
charge of the Clearing House, as it
could easily be obviated by making the
acceptance payable at a New York
bank.
concern draws a nnety-d day draft on
the National Shawmut Bank of Boston,
which is accepted by that institution.
The marketable bill thus created has
marked on its face "Payable to the
Chase National Bank" This procedure
places the bill in the same class as one
drawn upon and accepted by a New
York bank. This practice is a general
one and has been in vogue for num-
Der of years.
Emphasis was laid on the statemen mt
yesterday that no open protest was
made against the collection charge on
out-oftown acceptances at Wednes-
days meeting at the National Bank OF
Commerce. This meeting was called
Tor the special purpose of providing a
uniform method of meeting the accept
ances on their due date without en-
failing loss of interest on bank funds
1t is expected that this will be avoided
by having provision made for meeting
the bills on the day prior to the due
date.
New-York tribune., 1918-08-16
mmodities
Ind u S trial
Cotton

The cotton market was less active
yesterday and fluctuations were ir-
regular enough to suggest evening up
for better line on the effect of the
approaching movement Weather and
crop news continued bullish, tending
to strengthen the expectation Of an
other reduction in the governments
crop indication at the end of the
month and offerings were we'll ab-
sorbed on reactions, with the close
steady, net unchanged to 10 points
higher.
The opening was steady at an ad-
vance of 6 to 20 points. and active
months sold Is to 26 points net higher
right after the call on low private con-
dition figures and the failure of the
weather map to show any rain in the
Southwest. The bulge carried prices
back to within a few points of the best
prices touched on Wednesday morning,
but attracted considerable realizing.
The private crop report issued be-
fore the opening placed the condition
at only 67.2, against 1873 toward the
close Of last month, thus indicating s
deterioration of over II points for the
first half Of the period.
Considerable progress has already
been made IN discounting a further re-
duction in crop prospects, and. while
the detailed weather report showed
showers at only nine stations in Texas,
with the precipitation too light to in
dicate any improvement of conse-
quence in drouthy sections, tempera-
lures there were lower. Larger ex-
ports may have helped the late rally
They were all from New York and
amounted to over 33 900 bales for the
day.
New-York tribune., 1918-08-16
Urge Federal Rule
Of Cotton Exchange
BUYERS and Mill Men at Boston
Hearing Advocate Curb
ing Speculation

BOSTON, Aug. Is. Cotton buyers
and mill owners urged the necessity
for government control of the New
York Cotton Exchange and the elimi-
nation of speculation of a purely
gambling nature at hearing held here
to-day by the bureau of markets Of
the Department of Agriculture. Speak
ers declared also that the correct label
ling of cotton bales would be of great
est help both to mill men and growers.
William F. Garcelon, speaking for
the Arkwright Club, an association
of cotton manufacturers; Charles N.
Brush, secretary of the New England
Cotton Buyers Association, and others
also discussed delays in transporter
ton. Mills were obliged to wait six
months or more for cotton from points
whore deliveries should be made in six
weeks.
The New York Exchange was called
"a legalized gambling house, conduct
ed under government supervision" by
George H. Waring, secretary of the
Fall River Cotton Buyers Association.
"There is no excuse for cotton jump
ing from to 10 cents within a few
weeks" he said.
New-York tribune., 1918-08-16
Regular Declarations

American Express Company.-QuarterIv
dividend of $l.50 per share, payable October
to stockholders of record August 81.
American Locomotive Company.-Quarter-
stock. payable October q to stockholders 81 81
record September 16; also the regular quar-
terly dividend of a per cent on the cow
mon stock, payable October to stockholders
OF record September Is.
General Chemical Companv.-Ousr+.-,,,
dividend of 2 per cent on the common stoclr
payable September to stockholders of ron' ~
ord August 81. " 'c'-
Lawyers Title and Trust Companv.-o,o-
terly dividend of IA per cent. pavab,. o.
tober to stockholders of record .Sentem.
Der II. 'ep'cn'-
National Sugar Refining Company Of New
Jersey.-Quarterly dividend of ls ner c.n+
payable October 3 to stockholders ~ rssanJ
September o. u record
Standard Oil Company Of New J.r.rv
Suarteriy dividend Of S5 per share. PAYABLE
september IL to stockholders of record Az.
;dS"S southern Pacific Company.-ouartcrly div
~ toe''n or Sl,oo per share. payable October
" sNockholders of record August ST.
~. W. Wooworth Compnny.-ouarter,v
dividend of ~. per cent on the preferred
STOCK, payable October / to stockholders of
record September 10.
Independent Brewing Companv.-Rep,,lar
uvlaend OF per cent on the common stock,
raymge resord sept. September be to stockholders Of
dividend of 1% per cent on tho preferred
STOCK was also declared. payable August 81
10 stockholders of record August .
British American Tobacco Compsny.-An
interim dividend of per cent on the ordi-
nary shares has been declared. payable SEN
tember 80.
Akron Bag Company Quarterly dividend
o, "a per cent. payable September 30 to
stockholders of record September q.
Goodyear Tire and Rubber Company
quarterly dividend OF 3 per cent, payable
oeptember to stockholders Of record Au-
New-York tribune., 1918-08-16
Corporate Returns
Aurora, Elgin & Chicago Railroad
COmpanY.-Yotal earnings for the first


Company.-Yotal earnings for the first
half of the current year amounted to
1868, $50, which compares with $998,O88
for the corresponding months of last
year. Operating expenses and taxes
amounted to S849,965, against $741,589
for the same period of the preceding
year. Net earnings were S113, ,494, from
which interest of $215O O87 was deduct
ed, leaving q balance deficit of $101,-
1913, compared with surplus for the
six months ended June 80, 1917, of
S41,903. Reserves, depreciation and
amortization were SAL 1,462, bringing the
total deficit to $143,0
Texas & Pacific Railroad.-The COM
pany reports gross earnings for June
of s1,953,959, compared with $1,760 ,496
for the same month of the year before,
an increase of S193,464. Balance after
taxes amounted to S460,273, against
$54S,463 for the corresponding period
of the previous year. Net operating
income totalled $471,O55. Gross earn
ings for the first six months of 1918
were Sl1, ,270, which compares with
SIC, ,543,234 for the first half of 1917,
an increase of $l,106,036. Balance after
taxes was s1,659,31O, decrease of
$S06,284 from the corresponding
months of the preceding year. Net
operating income amounted to ST.
446,387.
Hale & Kilburn Corporation.-State-
ment of operations for the six months
ended June 80 last discloses total net
sales amounting to $1,93S,328, COM
pared with S19S2,505 for the CORE
spending period Of the preceding year.
Total net earnings, after deductions of
taxes, depreciation and adjustments,
totalled $2S6,991, which compares with
S179,22O for the first half of last year.
New-York tribune., 1918-08-16
Orchard and Field
A year az.
sCuban.
hay and Straw
Fresh Poultry-Dressed

Chickens, Broilers. Fresh, d1
packed, II to box, Western. milk fed,
10 to Is lbs. to dozen, b., 45c; IS 70
"a lbs, 45c; 25 to 80 lbs,, 43c: corn fed,
10 to Is lbs. to dozen. h., 4od 4oc; IS
to "a lbs, 40042c; 25 TO 80 lbs, 4Oa
4lc; Southern, corn fed, 10 to "a lbs,
40@41c; broilers, fresh, iced, bbls,
Western, milk fed, 2 to 212 lbs Der
pair, h., 41042c; pa to 3 lbs, S7Q
38c; to lbs, 41Ml42c; corn fed 2 to
212 lbs. to pair, h., 38M39c; 2% to 3
bs., 35@,36c; 3 to lbs, 3803ec; Vir.
ginia, milk fed, 3 to lbs. to pair lb,
41@42c; Philadelphia and Long Island,
fancy, 3 to 4 lbs. to pair, lb. Soc; Phil
adelphia and Long Island, to 2A lbs.
to pair. per pair, 75@S0c; Pennsyl-
vania, 3 to 4 lbs. to pair, h., 4OGi5c;
Long Island, scalded, to lbs. to pair,
per lb., 500 40c; Michigan, scalded, 3
to lbs. to pair, per h., 3e439c; West.
ern, scalded, 2 to lbs, to pair, per lb
36@37c; Southern, kegs, dry packed
com fed, to a lbs. to pair, h., 36@S7c;
Southern and Southwestern. bbls,
scalded, 35d36c; chickens, fresh, boxes
Western, milk fed, 81 to So lbs. 70
dozen, lb., 39(040c; chickens, corn fed
Western, 81 to 36 lbs. to dozen, 56s
3Sc; fowls, fresh, boxes, dry packed,
milk fed, fancy packs, Western, 60 lbs
and over TO dozen, 34c; 48 to Sc lbs,
34c; 43 to Al lbs, 33c; 36 to AZ lbs,
32c; so to 35 lbs, Sic; under 30 lbs,
30c; corn fed, Western, 60 lbs. and over
20 dozen, 33c; 48 to SIS lbs, 33c; 4S 70
At lbs, 32l?c; SO to - lbs, 81 i1c; 80 10
35 lbs, Soc: under 80 lbs, 29'5c; fowls
fresh, dry packed, bbls., milk fed, fancy
packs, Western, dry picked, lbs. ana
over, 33c; 4 lbs, 3212c; 3is lbs. and
under. 30@31c; Southwestern, Obls'
or kegs, to 4 lbs, 32c; Southern
corn fed. 3 lbs. and under each; 2sg
20 12c: fowls, fresh. bbls., iced, oN
picked, prime, lbs. and over, Sssi
lbs, 32c; 31a lbs, 301ac; 3 lbs, ae,
scalded, prime, mixed weights, &c; oia
rosters, fresh. dry packed, boxes ?,
bbls., dry picked, No. l. 25cq26c; Ga
cocks, fresh, iced, packed, bbls,. d9
picked, No. /, 25c; Western, scalds@
24c.
Spring Ducklings.-Long Island sna
Pennsylvania, lb., SEC.
Squabs.-Prime, white, to 10 y.
and over to dozen, per dozen, sS;0Vs.,
dark, per dozen, S2@2.5O; cuHs' w.
dozen, S101.50.
New-York tribune., 1918-08-16
Short Loan Rate
Is Reduced by War
Finance Corporation
Change Made to Aid Banks in
Providing Crop Move
ment Money

WASHINGTON, Aug. 15.-To aid
further in financing crop movements
the War Finance Corporation to-day
reduced from to per cent the an
nual interest rate on short term ad-
vances to banks to cover loans made to
farmers or merchants for marketing
wheat and other crops.
These advances to banks, limited to
four months, are made up to rs per
cent of the loans to farmers. Notice
of the reduced rate was sent to Federal
Reserve banks of Richmond, Atlanta,
ST. Louis, Minneapolis, Kansas City,
Dallas and San Francisco, which pre-
viously had been requested to notify
both member and non-member banks
to apply to the War Finance Corpora
ton for these crop moving loans.
New-York tribune., 1918-08-16
Money and Credit

Because OF government Withdrawals.
banks continued to call demand loans
at the Stock Exchange yesterday, and
conditions similar to those OF Wcdnes-
day prevailed in tho money market
The money pool found 1t necessary to
make call loans exceeding $4,000, 900,
1t was reported in reliable quarters.
Call rates continued firm at 6 per
cent on mixed collateral and 81 per
cent on indIgtrial collateral Money
brokers declared that no new time
money was offered, and the nominal
rsteg we're unchanged
Ruliux zatss tor monay yesterday.
New-York tribune., 1918-08-16
Sells Bonds to Buy More
NY. Stock Exchange Explains
Disposal of Liberty 3 LIS

The New York Stock Exchange an
nounced yesterday that as a matter of
policy it had sold all it's taxable
3la per cent Liberty bonds to reinvest
its working capital in the forthcoming
offering. This action was taken by the
governors of the exchange, it was ex-
planned to set an example and cause
other institutions, corporations and
individuals to follow suit
The eagerncss with which the 31ss
are being bought, it was stated showed
that there was no danger of the mar
ket being unduly depressed by selling
on a moderate scale, while at the
same time funds would be made i'm
mediately available for investment in
the fourth loan, which is taxable.
New-York tribune., 1918-08-16
Routine Marine Meeting

P. A. S. Franklin, president of the
International Mercantile Marine Com
pany, stated at the cohc,usion of the
regular meeting Of the board of direc
tors yesterday that no new develop
ments had arisen in the plan involving
the sale of the British tonnage. Asked
if it were likely that scheme would
be worked out before September 1 pro-
vding for the retirement of the out
standing Dor DIS. he replied in the mega.
tive. Before plan of any character
could be put into effect. he said it
would first have to be submitted to the
shareholders. The annual report of
the company is expected to be issued
in about ten days, according to Mr..
Frank kiln
New-York tribune., 1918-08-16

~Scarcity of money for speculative
purposes again exerted a controlling
influence on the stock market.
Wednesdays experience discouraged
the big traders, who are doing the
bulk of such business as is being
transacted. With the ever-present
possibility that an upward move
ment of the market might be upset
by money stringency, there is no in
centive to accumulate stocks, more
especially as the public refuses to
have anything to do with sthe mar
ket, and there is, therefore, no one
to buy when the big operators get
ready to sell. The squirt in railroad
shares failed to attract outside par
ticipation, except on an extremely
limited scale. Five thousand share
traders find it difficult to trade in
500-share market. That is why the
volume of dealings shrunk again
yesterday and why there is likely to
be no material increase in the turn
over, except spasmodically, for some
time.
New-York tribune., 1918-08-16
Live Poultry

Broilers.-Colored, via express, ~
33@35c; white leghorns, via. e1ptsoss oo..
lb., 32@33c; Western, via freigh,: s.s'
Southwestern, via freight, sc: loSi'
via express, 35c; via freight, 5oc' w
roosters, via freight, 23c; turkeys; ", W.
freight or express, 2sn3oc; ,..ts Dvr'
Island spring ducklings, h.. acc; ousas as,.
via freight or express. 2.'gZoc' tesss .ssss
via freight or express, 2oc; gum. i;r.
per pair, via freight, s5ceNd' N,d'ssN. s
pigeons, per pair, via freight, iVS'''
New-York tribune., 1918-08-16
Hide and Leather at New High

The feature Of yesterdays stock mar
ket trading was a rise in American
Hide and Leather preferred from 825s
to s6as at the close, net gain over
Wednesdays last sale of 35s points. At
the top price of 86l@, the stock estab-
lished a new high record. the former
top quotation being 847s. Accompany
ing Yesterdays advance there were un-
confirmed reports that the American
international Corporation had acquired
a substantial interest in the company.
New-York tribune., 1918-08-16
Final Liberty Bond Payments

Funds flowed to the Federal Reserve
banks yesterday in all parts of the
country from banks and individuals in
payment of the final instalment ON
Liberty bonds of the third issue pur-
chased on the government plan. The
amount nominally due yesterday was
S1,670,0 100000, but all except some
1888 600. 900 Of that sum had already
been anticipated. In New York only
about S7000O,0OO remained to be paid.
No figures as to actual receipts yes
terday were made public by the Fed
eral Reserve Bank.
New-York tribune., 1918-08-16
Look for Bolshevik Collapse

Wall Street observers seem to be be-
coming more confident that the begin
ming Of the end for the Boil
sheviki is approaching, and trade
interests point out that a basic
reason for their foreshadowed down
fall is their failure to provide the Rus
sian masses with food and clothing.
The success of the Allied attempt to
divorce the Russian people from all
German influence turns, according to
the advocates of trade resumption. on
the ability of the anti-Teutonic alli-
ance to insure flow of absolutely es-
sential goods into the country. Even
three shiploads Of supplies sent into
those parts of the Slav nation which
are already free from enemy domna-
tion at this supremely critical moment.
they argue, would illustrate in re-
markably effective fashion to Russia's
millions who among the nations are
really their friends.
New-York tribune., 1918-08-16
> II S t e n a nc e
Cereals

Wheat.-Trading operations in the
wheat market are still being checked,
as far as the seaboard is concerned, by
the slow export movement and the
Tears OF congestion at the ports. Wheat
continues to arrive in volume which
is apparently greater than available
tonnage can handle. On account OF the
great quantities of freight of all kinds
now moving for shipment unusual care
must be exercised to prevent conges-
ton at the shipping points. and for
this reason the food administrators is
refusing to issue new permits until the
sltuetion has been relieved
The movement at Western points was
again heavy, and reports from Chicago
said that that market was getting more
wheat than at any other time in its
history. The quality of the new crop
is exceptionally fine, and out of 200
cars received at Chicago on Thursday
LILO were Of contract grade Argen-
tina is shipping a large amount of
wheat, and Broomhal's estimate for
2,S23,OOO last week and $4,000 last
year.
Corn.-Unfavorable crop news con-
tlnues to pour in from the sections of
the corn belt where the crop has been
badly hurt by the recent hot wave.
The news, however, appears to have lost
some OF its influence, and, while prices
were flrmer, the market was compare
lively quiet and it was thought that the
news had been about discounted for
the present at least.
Yest'day's Previous Year
Corn; r No: 3 yellow.s .si.ss54 s1.seM s2o7 "
ssSssnDs; saasss % :::: 7ssZ:: 7:ssT: 1ss5. 7:s95s
Oats.-The oats market displayed a
very, steady undertone, and at the close
OF the day was asc to 12c net higher
Receipts were large at interior points,
but Western cash markets were gen.
orally higher, and this served to sus-
here that the demand for cash oats was
largely on account of old export bust
ness.
1t was generally understood that
quite good business had been done
some time ago for late August and early
September shipment, and that good
many OF these orders have not yet been
filled. The local trade was dull and
there was little to indicate new export
business.
Yest'day's Previous Year
~iCoc C]oSc. ago.
Oats No. white. .7sIa .79 II
Chicago:
August ........... .esE .osN
September ........ .69l4 $685. 55
Rye.-Market quiet.
Yest'days Previous Year
New York: close close ago
Cash. No. West. .$1.71 SLIT Sf.s5
Flour and Meal.-Quotations were:
Yestdays Previous Year
New York; close close. spo
Flour. Mimi. spg. pat $11.3o S11.3o $3.50
Cornmeal, yellow. gran 4.9O 49O s1O.O5
Rye -four. choice. ..... 1925 1925 11.75
sKiln dried.
New-York tribune., 1918-08-16
Dividends
Extras

Cambria Steel Company.-An extra
dividend of u per cent has been de-
clared, in addition to the regular quar-
terly dividend of IA per cent, both
payable September IA to stockholders
of record August 81.
Sherwin-Williams Company.-An ex-
ira dividend of 21a per cent, in addition
to the regular quarterly dividend of
21s per cent, has been declared, both
payable August f6.