davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1918-01-12
From the Financial Ticker

Heaviness marked the early dealings
on the Consolidated Stock Exchange,
with prices gradually softening on a
moderate volume of offerings. In the
early afternoon. however, the tone re-
fiected was steadier.
The news that an agreement had
been reached by the copper producers
and the Council of National Defense
continuing for the present the price
Of copper at . 1-2 cents a pound. ex-
erted good effect
This price was understood to be sat
isfactory to the larger producers. al
though some Of the smelters in this
were said to take the position that it
does not permit them to operate at a
sufficient profit. Reports that the next
change in government steel prices
would be downward. however. had an
adverse influence upon the steel
shares early in the day.
According to one report plan is
being considered to establish a diff
ferent set of prices for each steel pro-
ducer. based upon the cost of the
product. The failure of overnight
news developments to confirm the
peace rumors circulated in yester-
days closing dealings was unfavorable
at the start of the day. so far as
the general list was concerned.
Interest was aroused. however. in
the early afternoon by an Amster-
dam dispatch which said that the
German chancellor might make q re-
ply before the Reiehstag main COM
mittee on Monday to President Will
sons and Premier Lloyd Georges
declaration Of war aims.
United States Steel opened at
"a 81, down "a, and afterwards sold
as low as 80 rs. then rallying partly.
B. s. B. opened "a is, down Is, and
early sold IS Ia. II later rallied. These
stocks led the list in respect to &C.
tivity.
Steel stocks continued weak despite
the announcement from Bethlehem
Steel Corporation that no financing
was under way for that company. II
is not financing that is worrying Wal
Street, rather It is the persistent re.
ports from washington Of a new plar
to pool earnings and on a pro-rata
cost basis.
Very pronounced criticism Is heard
in the financial district on this pro.
posed plan.
1t is argued that the government
would. under such an arrangement
place efficiency and non-efficiency OF
the same basis
A pooling arrangement, II Is con-
tended. would destroy initiative anC
undermine confidence.
The proposed plan is regarded IL
important financial circles as the most
radical Of radical measures proposed
so far.
The supremacy of American corpo.
rations in turning out goods on a low
cost basis despite the high prices fol
labor is traced to efficiency. Ap-
portionment of earnings on a cost
basis would tend to undermine thi,
supremacy. it Is contended.
The Washington herald., 1918-01-12
BALTIMORE GRAIN.

Ipecial to. me washington Hefah.
Baltinore. Jan n-Closing prices On B.l,t-
Iore grain market:
wHEAr-No. soft rd. 42. and No. red
Ter. Al; oes lots d southern sold from
y 70 Ei1 - to quality and condition.
ICORN-Cob corn. a3aS3o psr barrel for car.
|sds nearby prime yellow. % SPOT; emh.rEoes
- reslricting the movement of eob corn.
.OATs-stHndard white. D. sales; 10 vAite
sies -
RrE-No , Wesisn export spot. LuaIa,
e iots 1saru nv - 70 auAli,y. lusLn
The Washington herald., 1918-01-12
Financial Neuvs Nth the Latest Stock Market Quotations

No. q ipsko; stzins bssnsI ~ s-zk~,. 1se
$50: pspp.n. pr ezzt<. 1e-AN; oka. ~
z.ts, soslUs ndish.s. p>r 10. ioe10: On
cumberA hssket sln-k-1; errrlant pa c1ts.
Per bunch, ~; lsttuo,. iIeszr; ruuash. lfa
400; onions. psr 90 Ia. 1Bos1p; sptnssA. pr
bbi. ko1zsG; hale, p-r bol.. lool3o,; turnips.
per boa, Lonai.5: per bbl.. s0st.1; zuhhover.
per crate. L7ba30
HIDEs-Hoze hids. so each; uesn s.ltsd
BEEF hide. pr n. n; oh skina, llms5lS;
lamb skins. Loosf-S; vol. pr H.. o. b~s--xs.
per N. e
The Washington herald., 1918-01-12
NEW YORK CURB MARKET.

New York, Jan. ll.-Houston Oil was the ac-
tive and strong feature Of smother duh and
lover market, this stock scoring q gain Of more
than points. Motors wer again featured. and
Chevrolet was again the leader. This issue
opened on a level with the final Of yesterday.
but sustained a loss Of ABOUT points on small
dealings. United Motors was influenced by the
weakness in the latter and lost about ! point
from the high Of the day.
Furnished by W. B. Hibbs & Co.
The Washington herald., 1918-01-12
Furnished By y. L. Carpenter a %
NENu. XnDH-
NEW YORK MONEY.

New York. Jan. n.-MoneT on call opened al
y. Ter cent; high. per cent, low. per cent:
clos. ~ par cent. Most Of the days loans werr
made at 3is per cent
Time money was distinctly easier In tone
Rates on mixed collateral were 5IsaJz per cent
for all periods industrials 54.A6 Per cent for
sixty days. and at 81 per cent for longer periods
Mercantile PAPER was quiet. Rates were S4.a
per cert for the best names
The Washington herald., 1918-01-12

Income tax schedules. covering net
income up to 5000. which may also
be used for larger incomes, provided
the taxable income Is not In excess OF
5000 are ready for delivery.
The forms are readily understand
able, and distinct help to any one.
in furnishing the needed Information
for compiling the schedule.
The Washington herald., 1918-01-12
DIvidend Declared.

Directors Of the Washington Loan
and Trust Company have declared the
regular quarterly dividend Of per cent
and the usual extra distribution, at this
time. also per cent. payable Feb
ruary !. to shareholders Of record jan
uary "a
The Washington herald., 1918-01-12
CentraI saving. Bank.

r. J. Ayres was elected president Of
the Central Savings Bank at its meet
ing yesterday in the bank building at
Seventh and 1 streets; E. w. Brad
ford. first vice president: Chancellor
King, second vice president Thomas
Z. Moore, cashier; Ralph E. Burgess,
assistant cashier: d. Edward Clarke.
general counsel. and Louis Losen-
berg, treasurer.
The Washington herald., 1918-01-12
Washington Stock Exchange.

Furnished by W. B. Hibbs & Co.
SALES
Capital Traction IS, 500 at eY,
Capital Traction, 10 at 7gk.
After call:
Potomac consolidated IS, 500 at IS.
Capital Traction. 10 at 7sH.
Washington Railway & Electric Is, 500 a
20 81 600 at 70. =
Potomac consolidated s., 5000 at ON, N,u
at pa ~ - -
The Washington herald., 1918-01-12
f. ,. Meauade Honored.

e. ]. McQuade. treasurer Of the Lib
erty Savings Bank, was chosen yes
terday as chief consul Of the Wash
ington Chapter, American Institute OF
Banking.
The Washington herald., 1918-01-12
Wanted Hundred Million,

Mr.. Morgan. in fact, thus spoke of
T. President Vail wanted consider
lbly over 800. .O00. 900. As much as that
Fas needed to establish new long dis
ance and local telephones in the far
West. But investors were in such
ztmid state OF mind at that time that
Atwithstanding tempting terms 1t was
emed not advisable TO undertake to
lace the offering.
Later President Vail began with
[uch means as he possessed to ex-
band the telephone system and he
lso worked out to perfection GER
ain plans whereby telephone and
telegraph service could be adnira-
ply and conveniently put into CO.
operation to the advantage OF the
fntire people. There was no thought
bf monopoly.
President Vaifs purpose was to
live better and nationwide tele-
phone service to the people, beliey-
ing that this could only be done
through coordination and unifica-
Ion. Just then the Department of
Justice at Washington stepped in.
President Vail was told that he had
blready- created a monopoly, and
IhSt he must dislocate certain parts
q his system Regretfully but
hout protest he accepted the die
um Of the Department of Justice
Ind abandoned his plans.
Had he been permitted to carry
ut these plans the government at
bis time would be greatly benefit
ed. for upon the telephone and the
|elegraph and perfect cooperation
between them, the government de-
bends for expedition in much of the
york IL has undertaken. In fact,
Presumably the government will in
ist that there now be such co-or-
nation The investment, within
fteen minutes. of forty millions in
Pc notes OF this corporation which
field about seven per cent fs one
the several encoufaginR features
Fhich have characterized the begin
ling OF the new year.
HOLLAND.
The Washington herald., 1918-01-12

District If Columbia. City Of Washington. S.:
|. ROBERT S. STUNZ, Cashier Of the above
Damed bank do solemnly swear that the above
statement is true. TO the best of my knowledge
and belief. ROBERT S. STUN, Cashier.
Subscribed and sworn to before me this llth
day of January. 1918
(Seal) ALBERT c. WEST, Notary Public.
Correct-Attest:
Thos Sommerville, Fl. F. Dismer,
Geo. G. AItemus, A. r. JoSss,
W. II. KlOpfer, q. s. Bundy
Frank W. Bolgiano, W. B. Todd.
Bernard Leonard, Wms d. West,
J. Robert SOmmervi!iC c. c. Murray,
Wade II. Atkinson. Wm. NJ. WALES
Chas z Gross. q. c. Wineberger.
John o. Gheen, Arthur +. Ramsay,
Directors
The Washington herald., 1918-01-12
Paying Seven Per Cent.

return to investors of about z
'er cent upon securities behind which
lands high credit was spoken Of this
norning as recalling the experience OF
ne late H. II. Rogers. He was financ-
bg with his own money and without
my associates the construction Of a
1atlroad whose length was to be about
he same as that OF the PENNSYLVANIA
bad from Pittsburgh to New York, or
he New York Central road from Buff
|alo to New York. The Western termi-
al was in the heart of one OF the
kpallachian coal regions, the Eastern
|erminal was to be at Norfolk. There
anne moment OF financial stress in
be money markets and IL happened
|o' be at the precise moment when Mr..
rogers needed funds. He therefore
bproached some Of the bankers who
Pndied the American Telephone and
Xeiegraph notes early this week. They
kacted of him not only his personal
larantee and also. although no man
Possessed better credit, collateral se-
purity Of a kind which even at that
ime was deemed gIlJ-edged. but de-
banded that he pay per cent interestl
|lpon the loan Mr.. Rogers was com
belled to yield. He got the money. hut
pc afterwards referred to the trans
Retion with a peculiarly quaint, half
humorous expression upon his lips ana
queer twinkle in his eye. But he
Puilt his railroad and IT Is now one
Pf the great properties Of the United
6tates.
Theodore N. Vail. president of the
lAmerican Telephone and Telegram
|;ompany, must have recalled. when
Pc learned that these 100000 Of notes
about Z per Cent return had been
Sapped up, an experience which he
fnet with shortly after he became
president OF this corporation. There
pad come to the corporation many
appeals, some Of them urgent for
he expansion of the telephone sys-
tems in many places west of the
fdississippi River. A careful computa-
lion was made Of the cost which the
establishment OF these new plants
you'd entail and Of the presurnable
business which they would bring to the
company. Probably no more exhaus-
|iNe or perfectly computed estimate
vas ever laid upon the desk of the
tie ]. p. Morgan, than was this state
The Washington herald., 1918-01-12
ASH SUPPLY
! LARGE IN US.
bland Says Americans
Are Eager to Support
New Ventures.

few weeks ago s1o.0o0Ooo in bonds
3 offered for sale in New York at
at seemed to be tempting prices.
key were issued under the authority
the state of Ohio for the purpose OF
lstnr SUFFICIENT funds to construct
reservation works along the VAL
OF the Miami River whereby there
uld be secured absolute protection
ON a recurrence of the food which
be years ago caused so much loss OF
fe and property there. The bonds
Ere snapped up, although It was at
time when there was some discus
on respecting the willingness Of cap
|hl to make Investment in securities
that kind. The syndicate which
kderwrote these bonds and easily dis
Ssed Of them would have rejoiced
Id the amount been twice $1,000. 600.
be incident. which OF itself involved
a very large amount of money,
3 frequently spoken of as proving
at there Is plentiful capital for In
stment in good securities providing
ke terms are tempting.
Early in this week there came an
kher Illustration Of this disposition
q capital to make new investment.
lhe incident involved much larger in
estment than the sale Of the Miami
Bonds. The American
telephone and Telegraph Company
kade an offering a few days ago for
D 0oo, 900 Of one year notes. Undoubted-
Y before this purpose was made pub
e conferences had been held with
bme Of the more important financiers
z, the Wall Street district who gave
hstant approval to IL. Within fifteen
hinutes after the syndicate which un-
frvrote these 100000 in notes, Of
Pred them for sale, the entire amount
Fas subscribed.
None but investors who took time
y the forelock was able to secure
NY Of these notes. OF course, there
Eere two good reasons for the. rapid
ibsorption of them, one being that
hey run for a short time only. and
he other that they are to be market
d at n rate which would yield to the
INVESTOR about ] per cent. Neverthe-
ess, the swiftness with which this
ssue was absorbed at this time served
gain to prove that there is cap
tai In abundance for investment. pro-
'ided terms are satisfactory.
The Washington herald., 1918-01-12

United States Steel opened at
94 "a. down "a, and afterwards sold
as low as 90 rs. then rallying partly.
B. S. B. opened "a is. down 1 1-S, and
early sold IS Ia. 1t later rallied. These
stocks led the list in respect to ac-
tivity.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Have Proper illumination.

Many nervous as well as other dis
eases are caused by incorrect illumi.
nation. The eye is subject of prime
consideration In connection with our
health and. happiness. Eye fatigue
spells the disposition; as that is one of
the conditions given for insufficient
work, we find here again a reduction
in efficiency and cause for more loss of
the workman's time. The first loss
was mechanical, the second Is phys
fcal; both, when reduced to a dollar
and-cents basis, show a large percent.
age over the cost of the lighting that
would be required to eliminate them
AS Judgment is dependent upon percep-
ton, and perception upon the sight,
then the laborer, to be efficient, must
be able to see fine details and small
objects at close range with sharpness
and distinction. to distinguish objects
at distance with accuracy, and to
have clear perception of all objects
in the intermediate space.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Notice for Bids

Notice is hereby given that the
undersigned will receive sealed
proposals until 8 O'Clock P. M.
Tuesday, June 4th. 1913, for the
furnishing of 5000 tons, More or
less" of Steam Coal for the use of
the City of Ely. Said Coal to be
delivered as requested by the City
of Ely upon their written orders.
Each bidder is required to quote
the various grades and prices in
their bid.
Each bidder is required to quote
the various grades and prices in
their bid.
Ali bids should be addressed to
to the undersigned, and marked
Proposal for Steam Coal"
The Council reserves the right
to reject any or all bids.
I. VISITED, JR. City Clerk,
City of Ely, MINI.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31

THE VILLAGE COUNCIL OF THE
VILLAGE OF WINTON DO OR
DAM, AS FOLLOWS:
Section I. 1t shall be unlawful for
any person, firm, or corporation TO
engage in the business of selling, dis.
pensing or disposing of non-alcoholic
or so-called soft drinks, or beverages,
within the limits of the village of
Winton without first obtaining a H.
cense for that purpose from the VIII
lage Council. provided however, that
this act shall not apply to any per-
son, firm, or corporation, heretofore
or hereafter, engaged in the selling,
dispensing or disposing of milk and
ordinary table beverages.
Section 2. Any person, firm, or
corporation before engaging in such
business as provided for herein, shall
make written application to the VIII
lage Council of the Village of Win
ton for license, designating therein
the place where such business is ito
be carried on, the name and address
OF the proprietor, or owner, and the
person who will actually conduct
said business. Such application shall
be filed with the Village Clerk and
thereafter the Village Council shall.
at duly called meeting, consider
whether the license shall be granted
or refused.
Section 8. Upon the granting of
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Order Limiting Time to File
Claims and for Hearing
Thereon.

State Of Minnesota i, s,: IS. To- pro,..s Court
In the Matter of the Estate of Sarah Lamb.
Decedent.
Letters of administration this day having been
granted to William w. Kevern.
1t is Ordered. That the time within which all
creditors of the above named decedent may pre-
sent claims against her estate in this court, be,
and the same hereby is limited to three months
from and after the date hereof; and that the 9th
day of August. 1918. at ten o'clock a. m. in
the Probate Court Rooms at the Court House at
Duluth in said County. be. and the same hereby
is. fixed and appointed as the time and place for
hearing upon the examination, adjustment and
allowance of such claims shall be presented
within he time aforesaid.
Let notice hereof be given by the publication
of this order in The Ely Miner as provided by
law.
Dated. Duluth. Mimi, May 25th. 1918.
Sw.GILPIN,
5-3l 6-14 Judge of Probate.
A J. Thomas. Attorney for Representative.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Etiquette of Fish Feast.

In the Samoan islands, when q nsh
feast is held, the piece de resistance
must be divided up In accordance with
a rigid and unvarying etiquette. The
heads are assigned to the tribal ora.
tors, who are &C the high nobility. The
flesh just behind the gills Is set apart
for guests whom the host Of the occa-
sion desires to honor. The pectoral
fins "a particular delicacy) go to the
king. The cuts across the spine just
abaft the pectorals (the very parts we
should think most desirable) are dis
tributed among the common people.
For the chiefs the tail and belly parts
are reserved.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Ely, Minnesota, May 23rd, 1915

Ely, Minnesota, May 23rd, 1918.
The adjourned meeting of the City
Council was called to order at 2
o'clock p. M. by Acting Mayor Nc
Curdy.
Roll call: Present, Aldermen
White, Harri, Eisenach, Somero and
McCurdy. Absent: Alderman Bro.
zich and Mayor Knutson.
Moved by Alderman Harri, sup
ported by Alderman Eisenach that
the council dispense with the reading
Of the minutes of the previous meet
ing. Carried.
Accounts and Finance Committee
reported the following:
Ely, Minnesota, May 23rd, 1918.
To the Hon. Mayor and Common
Council, City of Ely, MINI.
Gentlemen:
We your Accounts and Finance
Committee to whom was referred the
matter of increase in salary of Matt
Martin, beg to report and recommend
that Matt Martin be paid salary OF
$4,000 per month and further recon.
mend that Andrew Herrala be paid
$500 per day and that the drill run
ners be paid $500 per day; the above
mentioned increases to take effect
May 1st, 1918.
Respectfully submitted,
MIKE SOMERO,
LOUIS EISENACH.
J. H. WHITE.
Moved by Alderman Eisenach, sup
ported by Alderman Somero, that the
report of the Accounts and Finance
Committee be accepted and filed and
the recommendation carried out
Carried.
Moved by Alderman Harri, sup
ported by Alderman Somero, that the
Parks, Buildings and Grounds Com
mittee have a suitable floor placed in
the north end of the City warehouse
Carried.
Moved by Alderman Harri, sup
ported by Alderman White, that the
Council adjourn. Carried.
1. VISITED, JR.,
City Clerk
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31

such license by the Village Council
and befoye the issuance thereof, the
applicant shall pay to the Village
Treasurer the sum of $1,000 which
shall be the annual license fee. On
the presentation of the Village Treas
urer's receipt therefor the Village
Clerk shall issue such license to said
applicant for period of one year.
Section 4. Any license issued here
under may be revoked by the Village
Council of Winton whenever such
business is conducted in a disorderly
manner, or in violation of any law of
the state of Minnesota, or ordinance
of the Village of Winton.
Section 5. The place of business of
any fcensee hereunder shall be open
to inspection of the Village President,
or his authorized agent, or any police
officer of the said Village of Winton.
at any time during the business
hours.
Section 6. The place of business
licensed hereunder shall be so ar.
ranged as to permit a clear and un.
obstructed view of the whole interior
thereof from the sidewalk.
Section Z. Any person who shall
violate any of the provisions of this
ordinance shall be guilty of a mis-.
demeanor, and upon conviction there.
of shall be fined not more than 800
or in lieu thereof shall be imprisoned
in the county jail or work-farm, not
to exceed three months, and If a
licensee hereunder shall in addition
thereto forfeit his license.
| Section 8. This ordinance shall be
come effective and be in force seven
days from and after it's passage and
publication.
Passed and approved this oath day
of May, 1918.
| MOSES HOKKONEN,
Attest: Village President
TOIVO KUITUNEN,
Village Clerk.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Male The Best of Life.

Stop brsoding, stop day dreaming
sion this futile waste of precious time.
Instead of languidly getting up In the
morning with the mental Thought,
.Wbat is the use?" rise early, and as
Won make your toilet with care give
thanks for your health, for the time
and the talents that are yours. and the
onportunities will come. What would
Won think of person who was gwen
q handful of precious seed, wonder
full garden spot, modern tools and the
most nerfect weather, and sat idly
by, gazing hopelessly on the SEED ana
the field and the tools and the sun
shine?-Exchange
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31


On motion duly carried, the report
was approved and the secretary was
instructed to issue orders on the
treasurer for the various amounts.
All members voting aye.
On motion duly carried, the requisi-
tions for the general supplies for the
ensuing year were referred to the
committee on schools with power to
act. All members voting aye.
On motion duly carried, the super
intendent was instructed to arrange
for one of the domestic science in
structors to supervise the canning
during the canning season, and that
the district would pay the expenses
of one of the domestic science in
structors and one contestant to the
Bread Baking Contest at Hibbing.
All members voting aye.
On motion duly carried, the COM
mittee on buildings and grounds were
authorized and instructed to con-
struct a suitable fertilizing pit, and
to make the necessary connection
with the storm sewer to take care of
the surface water from the Washing
ton school and heating plant. All
members voting aye.
On motion duly carried, the Board
adjourned.
HENRY CHINN,
Secretary
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-05-31
Superstition Concerning caul.

1t used to be the belief that child
"born with caul" would turn out
very fortunate, and that the caul It
self would bring luck to those who pur-
chased it. Even lawyers used to buy
them at high prices. as "A means Of
making them eloquent. but their chief
virtue always has lain In the fact
that they were supposed to be an in
fallible amulet against death by drown
ing. Hence in the seventeenth and
eighteenth centuries there was great
demand for them in the British navy.