davidaulloa/AmericanStories huggingface dataset:
The Holly chieftain., 1918-12-26
NOTICE FOR PUBLICATION.
Serial No. O1S17i
Department of the Interior,

Department of the Interior,
U. S. Land Office at Lamar, Colo.
September 8, 1918.
Notice is hereby given that Mart
Winters, of Holly, Colo, who, on
August 2, 1915, made Homestead
Entry, No. O1S177, for NKa, Sec II,
Township "a S., Range AZ W., 9Th
Principal Meridian, has filed notice
of intention to make Final Three.
Year Proof, to establish claim to
the land above described, before
Register and Receiver, U. s. Land
Office, at Lamar, Colo, on the 18th
day of January, 1919.
Claimant names as witnesses:
H. A. Melton,
w. B. George,
G. M. Matthews,
B. NJ. Shook, all of Holly, Colo.
A. i. BEAVERS,
l2-5, l-9 Register.
The Holly chieftain., 1918-12-26
NOTICE FOR PUBLICATION.
Serial No. O14961.

Serlal NO. Ul4S0l.
Department of the Interior,
U. S. Land Office at Lamar, Colo.
August 81, 1918.
Notice is hereby given that Artie
NJ. Legg, Of Holly, Colo, who, on
Sept. "a, 1914, made Homestead En-.
try, No. 014961, for SW11z, Sec. 33, and
SEA, Section 80, Township "a S.,
Range AZ W., 9Th Principal Merid-
ian, has filed notice OF intention to
make Final Three-Year Proof, to es-
tablish claim to the land above de.
scribed, before the Register and Re-
ceiver, U. s. Land Office, at Lamar,
Colorado, on the 18th day of Jan
uary, 1919.
Claimant names as witnesses:
w. T. Wiger,
Willis Thompson,
Charles Buker,
John d. Stewart, all OF Holly, Colo.
A. L.. BEAVERS,
l2-5, l-9 Register.
The Holly chieftain., 1918-12-26

Sale Bills at ohisstsip Once
The Holly chieftain., 1918-12-26
MRS. IsLEY's LETTER.

In recent letter Mrs. D. w. Isley
of Litchfield, Ills, says: Il have used
Chamberlain Tablets for disorders
of the stomach and as laxative,
and have found them quick and
sure relief" If you are troubled
with indigestion or constipation
these tablets will do you good"
The Holly chieftain., 1918-12-26
SUBSTITUTE BREAD AGAIN
URGED.

Six hundred thousand pounds Of
wheat substitutes left on the hands OF
Colorado jobbers and millers will be
wasted unless the consumers Of the
state continue their use of substitute
dishes and permit bakers still to use
a small proportion of substitutes in
bread. is the statement OF the u s.
tood Administration for Colorado.
The Holly chieftain., 1918-12-26
LEGAL BLANKS.

LEoAL BLANKS.
The Chieftain ofiics N j on hand
for sale the following legal blanks:
Warranty Desds.
Farm Leases,
Chattel Mortgages.
For sale in quantities to suit
The Holly chieftain., 1918-12-26
STOMACH TROUBLE.

"BefOre used Chamberlain's Tab
lets l doctored q great deal for
stomach trouble and felt nervous
and tired all the time. These tab.
let's helped me from the first, and
inside of a weeks time 1 had i'm
proved in every way" writes Mrs.
]. A. Drinkard, Jefferson City, Mo.
The Holly chieftain., 1918-12-26

You will save money by buying
winter hat now. Prices greatly re-
duced on all my stock. Miss Debus,
over First National Bank.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Advises American
Firms to Study
Chinese Exchange
Consul General at Hong Kong
Cites Dangers Due to Silver
fluctuations

American firms dealing with patrons
IN CHINA, Hong Kong, Indo- China, or
other silver standard countries. and
having occasion to refund remittances
or balances of any sort need to give
special heed to the matter of the OK
change value of silver. George Z. An
derson, American consul general at
Hong Kong, in recent report says:
The transfer of silver funds to gold or
gold to silver is almost always attended
with more discount or loss than the
ordinary conversion of gold exchange
at one point to gold exchange at an
constant rise and fall Of the price of
silver causes an added danger which
even the most careful cannot avoid.
FOR example, about two months ago
Hong Kong lady, who was unable to
procure II particular style of shoe from
the Hong Kong agent of the American
maker, sent direct to the manufacturer
TOR the shoes, forwarding draft for
American gold to cover the cost. In
stead of supplying the shoes. the
American maker returned the draft to
the sender through the Hong Kong
agent, asking the latter to furnish the
lady with shoes Of the style nearest
the ones she had ordered.
aside from the very poor business
policy shown in not seeing to it that
the patron had exactly what she wanted
by accepting and filling the order,
through the local agent if necessary
this firm. by returning the draft, i'm
posed a material loss on the patron
who had bought the draft at about CT
gold cents to the Hongkong dollar and
was compelled to sell it to the bank
here at nearly 72. loss of about 7
per cent Examples of this sort are
common enough to demonstrate that
few American exporting firms have
given attention to this phase of inter
national dealings.
"Of course, the principle works both
ways, and remittances from the United
States to China in silver exchange can
seldom be returned or reconverted to
gold without loss. It may be we'll to
add that remittances for local pur-
chases in China, except where prices
are especially made in sterling or
American gold, should be made in sill
yer exchange in dollars or taels of the
district where the purchases are made.
Exchange in Hongkong dollars. for ex-
ample, cannot be used for the pay
ment Of an account in Shanghai or
Peking, for, aside from the loss by ordi-
nary bank exchange between these
widely separated places, there is a diff
ference in the amount of silver in and
the gold value of the silver dollar in
each place"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Untitled Orders
On u. S. Steel's
Books Increase
Operation of Plants Great
ly Curtailed and De-
liveries Delayed

Untitled orders on the books Of the
United States Steel Corporation at the
cd OF January amounted to 9,477,s53
tons, an increase Of 96,135 tons over
the hgures for December, but 1906 ,2O1
tons less than t''ose for January a
year ago. The peak was reached at
the end of April, when the corporation
MAD 12,lo3,O82 tons Of untitled orders
on its books--its high record.
Although it is the custom of the
Steel Corporation not to make any ex-
planatory announcements with its
monthly untitled tonnage statements,
it is evident from conditions THROUGH.
out the teel trade generally taat the
slight increase in orders shown at the
end OF January was due mainly to the
curtailment of operations and the in
ability of the mills to make normal de-
llVerles because of the shut-downs or
dered by the Fuel Administrator and
the railroad congestion in the East.
According to reliable estimates.
steel plants are now running at be-
tween 30 and 40 per cent of capacity.
The Steel Corporation two weeks ago
was producing steel ingots at lower
rate than in November, 1914, when the
output averaged less than 25 per cent
OF capacity. Some improvement re-
Gently is reported.
In the Chicago district, where all
the steel plants were idle Immediate
ly following the recent blizzard, re-
covery has been slow. In Eastern Ohio
and Western Pennsylvania, where
plants are nearest the coke fields.
operations are said to be somewhat
better, but with the car supply for the
coke ovens down to 35 per cent of nor
NAL even the blast furnaces, that are
operating from 5 to 10 per cent bet
ter than the open furnaces and the
finishing mills. are threatened with
further banking.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

scarce. The largest produce of mapped
goods for fall has cut down orders so
per cent on faneies and 40 per cent on
plain goods, through inability to fill
buyers requirements before October.
The demand for dress ginghams con-
tinues large. Rleached cottons have
advanced / cent a yard. The higher
grades of wide sheetngs re now on
basis of 65 cents yard for 1O-4
goods. an advance of 10 cents yard
over the last price. Retail buyers have
been numerous in the markets for sew
eral days and have operated for fall
and spring deliveries in both piece
goods and ready -to-wear merchandise
Quotations on staple cotton goods
are as follows: Print cloths. 2S-inch,
64x64s, 1913 cents; 64x6Os, 1919 cents;
50 V inch, 64x64s, 1874 cents brown
sheetings, Southern standards, 81 to
81 u cents; denims, 2.20s, Southern in
digo, 32lsc; tickings, Bounce, STA
cents; prints, 1872 cents; staple ging-
hams. 1872 cents; dress ginghams, 22 y
to rs cents.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
News Digest
Elections


The following officers have been
elected for the Bank of Long Island:
W. Smith and William A. Rogers, vice
presidents; George S. Downing, treas
urcr. and Willis B. Inglee, secretary.
Harrison Williams has been elected
president of the Cleveland Electric
Illuminating Company to succeed Sam
uel Scovil. and H. X. Williams succeeds
S. c. D. Johns as secretary.
Edward C. Scard has been elected
vice-president of the Union Tank
Line Company.
Edward S. Kelly, formerly vice
president of the Chicago. Milwaukee
e. st. Paul Railroad, has been appoint
ed secretary Of the international Sugar
Committee.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Local Committee
To Pass ON Capital
Issues Is Named
Auxiliary Body, Representing
Various Interests, Also
To Be Consulted

The Capital Issues Committee of the
Federal Reserve Board, recently organ
lied to pass on new issues of corporate
securities with view to determining
whether they are compatible with the
public interest, announced yesterday
that Frederick Strauss, Of j. and w.
Seligman e. Co.; Charles A. Stone, of
Stone & Webster, and John Moron,
president of the Atlas Portland Gem ent
Company, have been invited 20 act with
the chairman and governor of the Fed
eral Reserve Bank of New York in in
vestigating locally any applications
upon which report may be desired
from this district
An auxiliary body has also been
formed of bankers and others in this
district having particular experience in
municipal. manufacturing and public
utility financing, whose advice and OK
perience will be sought in specific eases.
The members of the auxiliary commit
tee are S. R. Bertron, Harry Bronner,
Newcomb Carlton, Walter P. Cooke.
George B. Cortelyou. W. T. Graham,
George E. Hardy, A. w. Krech, Thomas
w. Lamont, Edwln =. Merrill, Eugenlus
H. Outerbridge, Charles V. Rich.
Charles II. Sabin, William L. Saunders.
Mortimer L. Schff. Arthur Sinclair, jr.,
Henry r. Towne and Albert Wiggin.
Similar organizations are being CT
fected in each of the other eleven Fed
eral Reserve districts. 1t will be nee
essary for interests who desire to bring
out new securities to send ell applica-
tions for approval of such issues direct
to the Capital Issues Committee, at
Washington, which will refer them to
the particular district from which re-
- Inn;roJ
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Panama Railroad Co. Report

Operation of the Panama Railroad
Company, which is owned by the United
States government, resulted for the
year ended June 80 last in total net
earnings of s1,3o1,s7O compared with
s1,sss,660 for the preceding year. Last
years gross earnings were S7,477,SE0,
of which $3,369, 1923 was derived ftom
railroad operations and s4,10S,412 from
operation of the steamship lines. Ire
net railroad revenue was S139 .010, CON-
pared with SSS4,2S6 in 1916: steamship
net revenue amounted to sl,162,80O, an
increase of $15S,52T.
Other income added S1,O1O,s44 to las.
years net operating income from both
railroad and steamship lines, making
total of $2,312,714. After allowing for
rentals and taxes, the surplus for 1917
was $2,162,1 decrease Of 1921, 440.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Relevant Comment
Copper Trade at Standstill

Conditions in the copper trade are
extremely unfavorable at the moment,
according to trade authorities. The
leading factor. it is asserted, is the
failure to get shipments through.
While most of the refneries in the
East still have material to work on,
receipts have been small and reserves
are rapidly dwindling. At the same
time it has been difficult to deliver
copper to customers owing to the rail-
road congestion. A number of manu-
fs curing plants which have been
rating on hand-to- mouth basis
have been compelled to close down
owing to the tie-uD. The result of all
this has been to bring the copper mar
ket to almost a standstill so far as
buying and selling of the metal is con-
cerned.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Cotton Goods Trade

The demand for cotton goods is still
in excess of the immediate supply and
prices are steadily rising. Many of the
large selling agencies have withdrawn
goods from the market until mills
have made better Roadway in catching
up with back orders. Deliveries are
greatly disorganized and delayed by
the conditions arising out of congested
transportation and the lack OF fuel.
Production is subnormal and bids fair
to continue so for some time to come
Print cloths and sheetings are on a
slightly higher level than week ago.
Narrow print cloths are especially
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
American Locomotive Stock Up

Following publication of the report
for the half year showing that the
&C mpany was able to increase its net
earnings from it's regular business of
building locomotives, American Loco
motive shares were strong on the Stock
Exchange yesterday. Opening un-
changed at 60, the stock advanced to
81 Is and closed at 611s, net gain for
the day Of / Y points. The company's
surplus for the six months ended De-
ccmber 81 was at the rate of nearly
25 per cent a year on the S25,OOOO0U
common stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Restaurant Profits of
Childs Company Increase

The Childs Company, which operates
the Childs's chain of restaurants, yes
terday reported profits of 81 ,272, 657 for
the year ended December 81 last, COM
pared with S1,o75,49O for the previous
year and S773,459 for 1916. The years
surplus, after dividends, was s7o5,756,
compared with surplus of s6Os,4o3 at
the end of 1916, when stockholders re-
ceived $608,403 in dividends. At the
close of last year the company had
total surplus of s1,464,693, compared
with $1,097,537 at the end of 1916
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
New Haven Redeems Notes

The New Haven Railroad has called
for redemption, on April IL, an addi-
tional $241 900 of the collateral S per
cent notes maturing on April Is. The
company had already bought in $780,
900 face value Of the notes. thus bring
ing the amount to be met on maturity
Down to 1859 900 out of the original
S45,OOOOO0 issue. Retirement of the
notes for the most part has been from
earnings. The notes are now quoted
at 9412 to 951s, compared with low
price of A43s last wear.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Peoples Gas Ended
Year With Deficit
High Oil and Fuel Costs
Cause Big Jump in
Exrausas
Expenses

Although the gross earnings of the
Peoples Gas, Light and Coke Company,
CT Chicago, in 1917, were $2.253,759
greater than in the previous year there
was deficit after fixed charges Of
S365,2O1. compared with a surplus of
S2,077,259 in 1916. After payment of
sl347,477 in dividends last years total
deficit was S1,712,67S, compared with a
deficit the previous year of $424 $3.50
$19,33S, G37.
f. G. Cowdery, president of the COM
pany, in the report said that dividends
were paid from surplus last year de-
spite the fact that it was the worst
year the company had in two decades
The increase in the cost of oil over
1915 was S1,S35,756, equal to SIT cents
per thousand feet of gas made The cost
of gas-making fuel increased $780,
900. Last years income account COM
pares with the previous year as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Dollar in Foreign Exchange

Weakness Of Italian exchange fur
nshed the principal development of
Importance in last weeks market. The
rate fell to 865 lire to the dollar, but
recovered somewhat toward the close
OF the week. Brokers reported no Large
increase in the offerings of lire and
attributed the continued weakness to
the absence of demand for exchange
on Rome.
Details of Italy's programme for the
control of foreign credits in that coun-
try have just been received here. The
Italian government by a decree has
provided for the establishment of an
organization known as the National IT.
stitute for Foreign Exchange Capital
has been provided for its operations to
the amount of 100000 lire (lira-19.S
OF exchanged. and the headquarter rs
established at Rome, with agencies in
all the cities of the kingdom in which
the banks of issue have branch estab
hshments. The National Institute Ter
Foreign Exchange acts through an as
ISOLATION composed of the Baroa
d'ltalia, the Banco di Napoli, the Banco
d. Stella and the more important of
the Italian credit institutions VIII
the banks of issue shall designate wit.
the approval of the ministers of the
treasury and Of industry, commerce
and labor.
During the period designated it is
provided that in the handling of for
eign commerce, the purchase of securi-
ties, foreign drafts, or foreign bark
notes, and the realization abroad on
foreign securities. or the cashing of
their coupons shall be effected ex.l1-
sively by this newly established insti-
tute, which with the means collected
will furnish exchange to those who
need it for the purpose of making pay
ments abroad The institute will be
administered by council of not mocc
than nine members. two Of whom shall
be nominated by the ministers Of the
treasury and of industry, commerce
and labor acting jointly; three will be
representatives Of the banks Of issue,
and the remainder, the number Of
which shall be determined by the Min
lister Of Industry. Commerce and Labor.
will be selected by the ordinary credit
institutions which are permitted to
participate in the association.
The sale of exchange can be made
only to those who must use it for pay
ments abroad on account of imports of
goods admitted by the Italian custom
houses; to meet unavoidable oblga-
tions abroad assumed before The
formation of the institute, and to pro-
vide for the needs of chose persons
who live abroad but whose property is
lii Italy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Money and Credit

Loans and discounts of the New
'0fk City Clearing House banks de-
creased sl5,954, 600 last week, accord
m ms 10 the statement issued yesterday.
!. ."e Total now stands at s4,209,306,000
|set demand deposits increased &c.,
si'ooo, to s3,7oo,272 GOO. Surplus re-
serves increased s26,a97 $50, to total
sSs'"oo,2So. United States govern
"su' deposits with the Clearing House
~ "as sotailed s309, 100000 at the end
oa 'ne week, compared with S3o2.s91.-
Nv v, the preceding week.
me actual condition of member
.. s'"S shown by the Clearing House
,'S'''nent yesterday follows:
i
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Fall River Dividends

FALL RIVER. Mass, Feb. 9.-Textile
mills of this city paid dividends
amounting to s955,059 for the first
quarter of the fiscal year 1918, accord
ing to compilation issued to-day.
This represents nearly per cent Of
q capitalization of S33, 1000. The dis
tribution was S262,O75 less than that
of the previous quarter and $210,5S4
more than the amount given to stock
holders for thy corresponding period
last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Dividends Declared

Brown Brothers Shoe Company Regular
quarterly dividend OF s1.50 per share on the
common stock, payable March ] to stock of
record February l6.
Continental Motors Corporation Dividend
of ] I. per cent on the common stock, payable
February Is to stock of record February 8
International Cotton Mils.-Regular quar-
terly dividend of "a per cent the pre-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

The above rates express the cost of
foreign money in terms Of the Ameri-
can dollar. You buy an English pound
sterling at, say, s4.75,Ss. The intrinsic
parity is s4.S61s per pound. Thus you
say either that pounds are at a discount
or that dollars are at a premium, which
IS owing to the fact that in England
the demand for dollars with which to
settle accounts in this country is greater
than the demand in this country for
pounds with which to settle accounts in
England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
Extra Dividends

New York Rubber Company-An ex-
ira dividend of per cent has been de-
c,ared. in addition to the annual divi-
dend of per cent, both payable Feb
luary /.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
The changes from week ago were

The changes from week AGO were:
Decrease.
Loans and discounts. ...... $685., 900
Cash in vaults of Federal
Reserve members. ... $4,000
Increase.
reserve IN Fed. Res. Bank. 1855, 600
Reserve in vaults of state
banks and trust companies c51.OOO
Reserve in repositories zee. SOC. 900
Net demand deposits. 100000
Net time deposits. ........ $4,000
Nircuiatlon ............... $1,000
aggregate reserve. ........ 29,14O.O0O
Excess reserve. .......... 26,997, $3.50
Discount Rates.-Official rates Of
discount for each of the twelve Fed
eral districts arc as follows.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

Acceptance Rates.--Current bid prices
1or prime acceptances are as follows:
Thirty Sixty Ninety
Spot delivery: days. days. days.
Eligible member
banks....... 40 4ls% 47sqs
Eligible nom
member banks 4Iaeo 44eo 4AG
Ineligible bank
bills ........ s % s % s %
For delivery within thirty days:
Eligible member banks. ... 4A%
Eligible non-member banks 49, %
Ineligible bank bills. 6 %
Bank Clearings.-The days bank
clearings at New York and other cities
were:
Exchanges. Balances.
New York. .... .$545,727 ,401 $37.763,e 32
Boston. 4t,O21,663 5,e79,697
Philadelphia. 55,483,736 1o,475,214
Sub-Treasury-Ncw York banks lost
to the SubTreasury 1851 900.
Silver.-Bars in London, 427sd. down
I'D; New York, S5Ac, a decline of a. &C:
Mexican dollars, CSC, unchanged.
London Money Market. LONDON.
Feb. 9.-Money was steady at 3A per
cent. Discount rates: Short bills,
1872 per cent; three months bills,
q 1-16 per cent. Gold premium at Lis.
bon, 40.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
of one dollar

Closing rates yesterday, compared
with week ago, are given in the table
below. American bankers have sus-
pended all dealings in German and Aus
trian exchange, so that daily quotations
for either marks or kronen are no
longer available.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

II you calculate the cost of the dollar
in terms Of foreign money at par value
that is, as if you were buying dollars
with pounds, marks or francs--its value
at the close of last week, as compared
with year ago, would be about as fol-
lnINs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

Below is given the current exchange
value Of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10
n w It'll Nj r. Is IS
and Com cree
Federal Reserve Banks

WASHINGTON Feb 9Gain GOLD rasavos ,u,;
dating movement Of ooo
OIL Reserve
statement Tho condition the close If business ra
compared with follows - ~ N''N"''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-02-10

ferred stock. payable March to stock OF rec
erd February Is.