davidaulloa/AmericanStories huggingface dataset:
Evening star., 1918-08-18

eral tax exemption feature in the new
loan.-Morse.
It is now generally realized that
until q larger supply Of funds IL
available here for speculative pur-
poses there win be little probability
OF any renewed bulIish activity being
attempted even by the largest oper-
|ators or ciiQues Of traders In the
specialties.
The failure of the efforts Of such
traders in builing different stocks for
the past week to secure much new
local or outside responsive buying
twas entirely due to the tight money
conditions
Therefore. until the money situa-
ton eases mp sufficiently to induce
better buying support. . narrow trad
ing market for only moderate fresh
|upturn from present level OF prices
is really the best there - In prospect
from the present conditfnna-Moler.
We feel that Steel ehould be bought
on all recessions = opinion prevails
to Its full capacity the continuation
Of the present extra dividend u prac-
tically assured. Marine preferred
should be bought on recesstons Tor .
turn. Union Pacific and Reading also
look good to us-yos,phfhaL
made . much less unfavorable show
Ing than had been Anticipated. Tho
decrease In the surplus was only
SO, ,000.3 800, bringing the present sur
plus down to $3o.o7l.03o on all de-
posits to legal requirements. Loans
and discounts were reduced $31,333,-
900, and cash in vaults of member
banks decreased but $2.4S9.o0o, with
the reserve in member banks decreas-
ing $1o,S0l,0oo, while net demand de-
posits actually increased $5,s7A0oo
and net time deposits increased
$2,910.0e0.
This suggests the probability Of
less stringency in local money market
conditions next week, but IL will re-
duire q larger supply Of funds avail
able for stock market purposes for
much increase IN the volume Of trad
Evening star., 1918-08-18

turea which created the demand. Bull
ish feeline was Intensified by eastern
belt reports telling Of crop deterior-
alton here and there.
Around the middle Of tho session
considerable reahzing came from
holders Of long contracts and the ad-
vance was checked for q time. but
the ring gradually absorbed these Of
ferings before anything resembling
q reaction could take place and then
belated shorts commenced to cover
over the week end. This demand
found the market practically bare Of
Evening star., 1918-08-18
DAIRY MARKETS.

NEW YORK, August 1I.-Buttef-
Steady; receipts. 1886 tubs; cream :
cry higher than extras, 4e Ea41: ex-
ira (s2 score), 46: first 44az5 pzck-
ing stock. current make, NO. 2 ssA
EegeIrregular; receipts. zo,zol
cases; fresh gathered extras, fsase;
fresh gathered. regular packed. ex-
ira irsts, 44a4e: do, first, 4la43: state,
Pennsyivania- and nearby western
hennery white, fine to fancy. 61ses;
state. Pennsylvania, and nearby hem
merry browns, 51a53; do. gathered
brown and mixed colors, 3sa5o.
Cheese-Firm; receipts. s71 boxes:
state. whole milk fats fresh, specials
a5x a1Sk: do. average run. zShazs&-
Evening star., 1918-08-18
LITTLE CUT IN CYuLEfAKma
Economics in Rubber and Steel Are
Urged, However.

Manufacture Of bicycles and motor
cycles win not bs materially cur
tailed, It was announced yesterday
by the War Industries Board. because
they are used chiefly ~ necessary ve-
hicies Of transportation. The manu-
facturers have been called upon.
however. to effect all possible ecofo-
mics in rubber and steel In their pro-
duction.
The output Of motor cycles IL now
almost entirely absorbed ey direct
govesnGnsat p1ruhaees
Evening star., 1918-08-18
SHOT AND KILLED OH STREET.
/. ". Cufman, With Babe in Arms,
Opened on Richard Hill.

NASHVILLE, Tenn August H.
Richard Hiii, shipping clerk for .
chemical company, wns shot and IN
stantly killed this afternoon by g. W.
Cuf1man, dairym2u. Cunmxn had
An infant in hia arms whom he chanced
to meet Hiu on the street end eDeA0d
dre. with = revolver.
Evening star., 1918-08-18
RESERVE DISCOUNTS DROP.
federal Banks Bills on Hand
Amount to S1.497 900, 900.

Discount operations Of federal re-
serve banks last week were some
what less than the previous week.
bills on hand at the close OF business
Friday night amounting to ST.
<e7 600 600, as compared with 3l,-
54l 900 zoo a week before. according
to the Federal Reserve Boards state
ment last night Members reserves
increased $44 100000
Evening star., 1918-08-18

tically All direct; compared with .
week ago. top lambs, iS to 500 high
er; feeders. 10 to $50 higher; tat
sheep and yeariingA weak to 35c low
er; feeding and breeding 6heep and
yeariings, IS to 7so lower.
Evening star., 1918-08-18
LIVE STOCK MARKETs.

NEW YORK. August 17.-Beeves--
Receipts, $50 head; no trading: calves.
rscsipta k2o head: et.dy vsals
Sheep and ismhs-RecsiptS 100
Evening star., 1918-08-18
pisn.t.h to I,he star.

Special Dispatch to The Star.
RALTnMORE. Nd, August IL
wheat-Spot No. 2 red winter, garhcky.
z33%az-A; receipts. z7.104 bushels
Receipts. 12,65s bushels. Oats
Ffrmer; standard white. old. Gh. sales:
No. . white, old, -, sales: receipts, 4.eSs
bushels. Rye-Steady; No. western
export, Ito; receipts. 1.3S5 bushels. Bay
Firm; No. 1 timothy, unchanged; NO
1 clover mixed, unchanged
NEW YORK. August 1I-Wheaf-
SPOT. steady; No. red, z-3f1; track,
New York export, to arrive Com
Spot, easy; fresh shelled No. 2 yellow:
1.oIX; No. 3 yellow. 1-ssA. cost ana
freight New York Oats-Spot- nrn:
standard, so5z-
Evening star., 1918-08-18
a Good Example.
The Fourth Liberty Loan.

The next liberty loan will be over
subscribed to a practical certainty
The people of this nation are in a
! mood to back up the boys "over there
with all the dollars that the govern
ment may need. The advertising
matter will consist of six large
posters, with red the prevailing col
or. to emphasize the stage. of the
war and the need of prompt help to
Evening star., 1918-08-18
WEEKS RANGE OF PRICES ON new YORK STOCK MARKET
Corrected Of August enne

and Mis- eAeuuS
howngta khod atado mism udaksa sosh
NvYm l The . hkW bkk snoG1 dhpidH
eGvenhnH 1zmdHe sr1esm date
Evening star., 1918-08-18
BY.I A. FLEMING.

. Holders Of liberty bonds Of other
than the first 81 per cent issue
should not forget that they also hold
an Investment that is actually tax
free so far as the normal tax Is con-
. cerned and for that reason especial
ly valuable to that large class OF in
vestors possessed Of incomes not
amenable to surtaxes. as well as to
investors who are subject to both
normal and surtax charges.
The 1916 law provided for a normal
1916 and 1917 made it per cent nor
NAL assessment: while the new tax
measure now under consideration
contemplates a 10 per cent normal
tax. with the same exemption as in
the law of 1917. $4,000 for q married
man and $1,000 for single man,
plus 5000 for each dependent child
under eighteen years of age; al
though specific provision is made that
on the first $4,000 on which normal
tax is paid the rate shall be 5 per cent
instead of 10 per cent. so that only
the fifth $1,000 OF taxable income.
" would carry the 10 per cent normal
tax. and on larger sums also, with the
over the $4,000 mark.
How It Works Out.
For example, a married man with
Sc, 900 income would be exempt $1,000,
and would then be called on to pay.
as at present contemplated. per cent
on $4,000. On a s7.e09 income he
would, as contemplated, pay 5 per
cent on $4,000 and 10 per cent on
$1,000.
No matter how high the income
runs, the normal tax of 10 per cent
follows after payment of the per
cent normal on the first $4,000, and
liberty bonds of all issues are free
from this normal tax.
More than this. the various liberty
bonds other than the 3las are tax
free, even on the surtax charges up
TO holdings of $s.000-that is, to the
income on 5000 of liberty bonds.
The heavy surtaxeS contemplated
should be enough to make big cor
porations and investors anxious TO
escape as much normal tax as possi-
ble, and this can be accomplished by
holding liberty bonds. normal tax ex-
empt-all issues.
1t is even stated that some small
investors have been liquidating their
"a s and >byying 31ss with view of
freedom ff0m taxes, which movement
does not get them anything but a
reduction in income.
There is small question that after
the war all liberty bonds will score
large advances on their present prices
with the Az s selling at higher figures
than the AIS. after the abandonment
of war taxes.
a Good Example. 4
The New York Stock Exchange has
marketed q large block of 3k per
cent tax-free bonds in order to pur-
chase a like block of the fourth loan
bonds when marketed and for the
further purpose of giving a good ex-
ample in the purchase of taxable
bonds.
The 3h per cent bonds made a new
high yesterday when they touched
10000. or a premium of IS on a
$1,000 bond. The chances are that
various liberty bond issues will be
higher week hence than they are
today.
Holders OF these bonds needing
money should borrow on their col
lateral rather than part with their
holdings at a loss.
The Fourth Liberty Loan.
The next liberty loan will be over
subscribed to a practical certainty.
The people of this nation are in
Evening star., 1918-08-18
GRAIN MARKETS.

CHICAGO. August 17.-Enlargec
estimates Of crop damage in the chief
producing area had a bullish enecf
today ON corn. The market closed
firm, q to u net higher. with Sep
tember 1.6eE to I61I and October
1854 to 1.64. Oats gained y to L
Provisions finished to 30 down
Although beneficial rains tended 70
ease the corn market in the carrier
trading, prices soon began to swing
upward, and throughout the rest OF
the day the bears were at disan.
vantage. Most of the buying resulted
from a report by a leading expert that
the Yield of the seven surplus states
would be 41o. .ooo.ooo bushels less than
their harvest last year amounted To-
He said the severe hot wave. lasting
eleven days, had taken place when
corn was at the most critical stage.
between the silk and roasting ears,
and that the unreasonable frost last
year had done less permanent narm
than had now been done by the hot
wave.
oats rose with corn. Gossip was
current that oats shippers had large
contracts to I'LL by September l.
Extreme scantiness of receipts TOR
the week tended to maintain the
strength Of the corn market
Gnofafione. ---
Evening star., 1918-08-18

ing or anything better than 1noderste
fresh upturns In prices-S. B. Chaplin
& Co.
In banking olrciss &c II stated with
. GOOD deal Of force that the rate for
call money would advance materially
It not for the chief operations OF the
money syndicate extended during the
ehifting prooess by the banks.
A large short interest is reported
being built up in the steel group. 1t
10 also noted that the talk Of Mexican
troubles' has had the effect OF extend
ing q short interest to Mexican Pc
The raifroad and copper issues held
. short interest Of long standing.
Earnings Of United Cigar Stores COM
mon stock are declared by interests
holding a large block Of stock and in
possession Of accurate information to
or more than twice the present IS Q
year dividend rate. The buying of
United continues to be reported OF
high grade.-E. z. Pulsffer.
The dnal payment Of the last In
stallment on the third liberty loan
will operate ~ . money market relief
next week. according to important
American Can, Corn Products. Amer
lean Cotton Oil and Virginia Chemical
are being bought by people who ap-
preciate their earnings and pros
peotA-L0gan q Bryan.
As for the general market outlook.
there is little to stimulate any broad
gauged operations under present
money market conditions and pending
the dotation Of the next loan. We
look for quiet. steady market-W. J.
Wollman & Co.
Henry clewy Market News.
In brief, there are Eve important
factors now bearing on the market
situation: u, The war. t2) the COM
now before Congress-. a. the railroad
signed. (5) the money situation. The
banks, trust companies and bankers
naturally will continue to provide
needs. Sa But a i i. not probabis sss esss
they will countenance any undue
speculation for the present, at least;
therefore, the market il likely to re-
main In a state of lethargy. with at
ai in prices
and activity viii do much to promote
the successful hotatfon of the coming
loan. rs 1t will create optimism. and
In these times optimism is compare
tive stranger in Wall street though
other line Of business.
Some uneasiness has been felt that
the new draft measure extending the
age limits from eighteen to forty-five
may cripple some essential lines OF
business. particularly the coal in
dustry. It Is generally believed. how
ever, that the measure will benefit
certAfn classes OF work. as II will
give the President the power to ex-
empt necessary labor from war duty,
as the man who mines coal Is help
ing to win the war the same as the
man who is fighting at the front. No
one need fear that the administra-
tion will not consult public needs in
selecting men for the Army and the
Navy.
Evening star., 1918-08-18
Money to Loan

Secured hy First Deed Of Trust On Real EsntA
Prevriiing Interest and comnixdon-
Joseph I. Weller. GA F St. NV.
Evening star., 1918-08-18
FYHANCIAI.
JOHN |. EDWARDS & CO.

fNew Xsrk Essek ExehaHn
kEhBEk1 lWashington Stock Exehan1~
Evening star., 1918-08-18
h4z6 N. Y. Ave. faose sssa..sza II

MONEY TO LOAN
On D. G. Real Esfat.. L1vsst RatA
Jesse I. HEISKEL-
1<os H 1T- NV.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
RULING MAKES
GARDEN IMPERATIVE

The duty of The home gardener is
clear, following the Governments de-
mands on canning factories for pro-
ducts. The Food Administration has
advised all Gamers TO hold for war
purposes until further orders, all
canned corn, peas, tomatoes, and
string beans that they have in stock.
These are the vegetables that are
most easily prodnecd in the home gar
den, and those persons who have been
using the commercial product may be
disappointed this year if they depend
on this source again.
1t is evident that the Government is
needing such supplies and as the num-
Der of men under arms increases, the
demand for them will grow. The home
garden will supply these products for
local consumption and thus not only
relieve. the commercial supplies for
war use but win relieve the railroads
of the necessity for transporting
them.
The University of Missouri College
of Agriculture has called attention to
the demands Of the Government, so
that gardens may be started in time.
1t has been suggested that every man
grow garden who can obtain a few
square yards Of land. The Food Ad-
ministration has treasured house
holders that the Government has no
intention of Selling home canned
goods.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
COUNTY CONFERENCE
HI FOR SOCIAL WELFARE

At the last meeting of the State
Board of Charities and Corrections,
plans were perfected for organizing
a similar body in each county of the
State, to be known as the County
Conference for Social Welfare. The
counties in each Congressional Dis
trict were made a, unit under one
chairman, and Mrs. o. W. Bleeck was
appointed chairman for the 18th Con-
gressional District, which comprises
Washington, Jefferson, Madison, Iron,
Bollinger, Wayne, Carter, Perry, Ste.
Genevieve, Reynolds and St. Francois
counties. Committees for all of these
counties have been named by the
chairman and the work of organizing
the conferences is going rapidly for
ward. Each county is planning to
have meeting during March OF
April, as the committees realize the
importance of welfare work to their
communities, and the great need that
exists of an organized effort toward
the betterment of social conditions in
this district.
Mrs. Bleeck has appointed County
Superintendent of Schools, J. Clyde
Akers, County Chairman, and he is
now arranging for a meeting, to be
held at Flat River in about a month.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
THE GOODS DELIVERED

The cynic and the pessimist in both
America and England hold that it is
ridiculous to expect the American
people, good livers in the midst of
plenty, to make sacrifices for the ben
eft of their allies thousands of miles
away. Talk is cheap, they say, and
only too plentiful, but both Mr.. Will
son and Mr.. Hoover are idealists too
innocently confiding to realize that
they can never deliver the goods"
They merely talk and talk, while
Americans eat and waste as before,
and so ends the story. That the cy-
mic and the pessimist should hold
forth in this fashion is inevitable. We
all know them and what to expect of
them. We know also that if it de-
pended on them, not one of the great
works of the world would ever be ac-
complished. Meanwhile the sacrifices
are actually being made and the
goods" are being delivered" right
under their oblivious noses.
Speaking in London the other day
of the wonderful organized self-sac-
rifce of the American people," Sir
William Goode of the British Food
Ministry said: early last month we
received from Mr.. Hoover a cable
gram saying he found that as a re-
suit of the American conservation
campaign he had 150,000,000 pounds
of bacon and 25,0O0,O0O pounds of
frozen meat more than the British
representative in the United States
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
KEEP UP BIG POTATO CROPS,
ADVISE FEDERAL SPECIALISTS

The normal acreage of Irish and
sweet potatoes should be maintained
in 1918, Notwithstanding the large
crops in 1917, the Department of Ag-
riculture believes. This is especially
true in view of the necessity of re-
leasing more wheat for export. Pota-
toes, both Irish and sweet, are the
most popular and most generally used
of the perishable staple crops. The
Department, through its extension and
publication activities, is encouraging
their greater usage, especially the use
of the Irish potato, as partial sub
stitute for wheat in bread making.
The yield per acre can be made
more certain by greater attention to
the selection of disease-free potatoes
of good varieties, by treatment of
seed potatoes Immediately before
planting, and by the use of sprays to
prevent loss from blight.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
INJURED PEACH TREES
REQUIRE SEVERE PRUNING

Throughout Missouri generally the
fruit buds of the peach have been
killed this winter. In most cases the
sap wood of the trees even has been
injured and weakened by the cold.
To preserve the vigor of the trees,
DR.. J. c. Written of the University of
Missouri College Of Agriculture re-
commends that they be cut back Sc
verely before they start growth this
spring.
Peach trees tend to become too tall
and. struggling. They do much bet
ter if low, broad spreading head is
maintained. Whenever the fruit buds
are killed the opportunity should be
taken to cut them back and renew the
head lower down.
This cutting back is additionally
necessary when the wood itself has
been injured. One can tell whether
the sap wood is injured by cutting in
and examining it. If the wood
throughout the newer branches is
white it is uninjured. If it shows a
yellowish or brownish stain it indi-
Gates that the wood has been injured
Dduly ny lHC COlu.
II these weakened trees are allowed
to grow without cutting back, they
will be in very poor shape for next
year. They will make only a weak,
puny growth up at the highest points
and at the outer periphery of the tree.
Only thin layer Of new wood will be
laid on the tree under the bark for
next year. Injured wood will break
down more or less within and the tree
will, be too weak to hold up subse-
quent crops of fruit.
If these weakened trees are cut
back severely now they will make a
strong vigorous set of new limbs low
err down and will build on thick,
strong layer of new growth over the
main limbs and trunk of the trees for
next year.
1t is best to cut back the main
branches as low down as will admit
leaving wood which will readily sprout
new limbs. Ordinarily new growth
will come readily from the two or
three year old wood. Wood that is
old enough to have a dry, curling,
shelly bark is not likely to sprout
readily. 1t is necessary to cut high
enough at least that the upper ends
of the limbs left have rather a
smooth, fresh-looking bark. Pruning
may be done any time when the wood
is rot frozen, up to the time the buds
start to spring.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
MANURE INCREASES
CORN 10 BUSHELS

The result of a large number of
tests conducted by the University of
Missouri College of Agriculture show
that manure applied to corn land at
the rate Of eight loads per acre has
given an average increase of 1914
bushels during the first season fol-
lowing its application. At the pres
ent price of farm products this should
be sufficient reason for making a
special effort this spring to save ev-
cry ton of manure produced on the
farm, and to see that it is returned to
the field before the corn crop is plant
ed.
Manure is unquestionably the most
satisfactory corn fertilizer. No Mis-
souri, farmer should consider using
commercial plant foods this spring
until he has cleaned out every barn,
feed lot and hog pen on the place.
After this has been done and still
there is medium to thin land to be
planted to corn, some commercial fer
tilizer, especially the highly phospha-
tbs ones, will doubtless be profitable.
The London Times reports that
America feels profound uneasiness
in respect to Irish affairs" 1t must
mean the potato situation.
The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-03-15
.Jin-Dog

He wasn't, well, fancy kind O. dog-not Jim!
But oh, sorter couldn't seem ter help a-ovin' him.
He always seemed to understand.
He'd rub his against my hand
If | feelin' blue or sad,
Or if my thoughts pretty bad
And how he'd bark an frisk an play when | was gay!
A soldiers dog much time whine
Like little pets a-howlin' at the moon.
soldiers dog bound ter learn right
That war; what steady line OF in khaki
What dogs don't know?
You bet they do! Jm-dog, he had ter
Along tn trenches oftenimes night
He seemed ter when there fight
A-brewin'. Oh, guess he knew, all rightly
/ a soldier, an Jmdog mine.
All, what's the use?
There another dog like him.
Why, on tn march I'd pause an call-'Hey JIM!
And he'd be there, his head tipped side,
A-ookin up with love an pride,
His tail a-waggin' an his rasedhgh.
| wonder why my Jim-dog had die?
He friend ter folks; he didn't bite;
He snapped at no one in the night;
He didn't hate soul; an he camel
An yet a spark O. light, a dartin fame 49,.
Across the dark sneaky bit O. lead,
An he dead!
They say there amt no heaven land fer him.
Cause dogs is dogs, an haven't any right;
But let me tell yer this: without my Jim
TIL very shnn' streets would less bright
An somehow I'm a-hnkin' that if he
Could at that last stirrin' bugle call
Up to tn gates o. gold aside O. me,
Where God stands smin welcome to us all,
Az sad "Father, here's my dog here's JIM
They'd find some corner, touched with love, fer him!
Margaret E. Sangster in the Christian Herald