davidaulloa/AmericanStories huggingface dataset:
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
Children Cry
FOR FLETCHER'S
. a ST Q RIA
r1rRNER MAN MARRIEs

Miss Mary Beutler of Pratum, was
united in marriage Jan Sd to Johnnie
Sehifferer of Turner Miss Beutler is
one of Pratum s most highly respect.
ed young ladies. aud will be missed
by her many friends. Mr.. Schifferer -
wide awake and ambitious young
farmer of Turner.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
nATTERs AND c1EAsEERs
oSTEoPATH

DRS. B. H. WHITE AND R. w. WAL
TON-Osteopathic physicians and
nerve specialists. Graduate of Amer
lean school of Osteopathy, Kirkville,
Mo. Post graduate and specialized in
nervous diseases at Los Angeles Col
lege. Offices 505-50S U. S. Nat. Bank
Bldg. Phone $50. Residence 1920
Court. Phone 22l5.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04

SALEM HUMANE soCIETY-D. D.
Keeler, president; Mrs. Lou Tillson,
secretary. All cases of cruelty or ne
glect of dumb animals should be re-
ported to the secretary for investiga-
tion.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04

Seaside, Or, Jan. Belief that +.
J. Frazier, who disappeared from Eu-
gene recently. committed suicide at
Gearheart Beach was strengthened to-
day by finding Of clothing and papers
supposed to have belonged to him.
Frazier left Eugene after conviction
On a forgery charge. A man Of his gem
eral description was noted at Gear
heart, acting queerly and it is thought
Frazier may have been the man.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
WISCONSIN IS LOYAL

Milwaukee, Wis, Jan. B.
Louis Fons, "loyalist" candi,
date, who defeated p. Meims,
socialist, for state senator from
the eighth district in yester-
days special election, today
wired Senator LaFollette as
follows:
f'I have repudiated you and
condemned your un-American
attitude and the people Of the
eighth district endorsed MY
action. I congratulate the Am.
erfcan citizens Of the district
Fons received 4l69 votes and
Melms 1892.
.. n.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
SECOND HAND GOODS

BUY SELL AND EXCHANGE
Mems clothes, shoes, hats, jewelry,
watches, tools, musical instruments,
bicycles, guns, rifles, revolvers, suit
cases, trunks, cameras, typswriters
and furniture. Capital Exchange, 337
Court street. Phone 493.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04

UNITED ARTIsANS-Capital Assem-
bly, No. 81, meets every Thursday at
8 D. m. in 1. o. o. f. hall, A. A. Guef-
troy, N. A.; C. a. Vibbert, secretary.
Crown Drug Store, 33s State street.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
CEIRoPRACrORs

400 PER CENT PURE CHIRoPRAC-
tic brings the results in most cases.
Obsolete adjuncts deceive the igno
rant. Try pure unadulterated chiro-
practie adjustments and be convinc-
ed. P. H. May, d. c., BOG Hubbard
bldg, Phone 582. lib
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
:. Willamette Valley Ne,Us :.

Mrs. Ed Souder were Salem visitors
Wednesday.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
Fruit
PORTLAND MARKET

Portland. Or, Jan. 4.-Butter, city
creamery 53054e
Eggs, selected local ex. 43945e
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04

MARGUERITE CLARK TELLS OF FIRST THEATER EXPERIENCE
speaking
the theater
closely Bab
of while at
the Usuline Convent, Ohio
witness theatrical
to with handsome
the
whe / to
Him
which reamngy and make such good reading %
thinking seriously had Rneharts Bah
so paraleled them
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
LODGE DIREcToRY

MODERN WOODMEN OF AMERICA
Oregon Cedar Camp, No. 5246, meets
every Thursday evening at O'Clock
in Derby building, corner Court and
High streets. R. F. Day, V. c.; J. A.
Wright, Clerk.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
sCAVENGRR

BALEM SCAVENGER- Charles Soos
proprietor. Garbage and refuse of all
kinds removed ON monthly contracts
at reasonable rates. Yard and cess
pools cleaned. Office phone Main
2247. Residence Main 2272.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
OPTICIANS
WATCH REPAIRING

CLOCKS AND JEWELRY
repaired, Karl Neugebauer, with
Central Pharmacy. Ia
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
UNDERTAKgRs

WEBB 6 CLOUGH CO.-C. B. Webb,
A. M. Clough morticians and funeral
directors. Latest modern methods
known to the profession employed.
j 499 Court ST., Main 100. Main 1888.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
TIE MARKETS
4 4 X y y y \ 4 \ \ y 4 \

Market quotations today show slight
changes. Hens have risen two cents
and lettuce drops 25 cents on the crate
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
FOR RENT
MISCELLANEOUS


Nursery sale yard at
Hieh and Ferry. EFerbearing straw
berries. Call and see stock and get
prices bafore making your purchase.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
WATER CoMpANY

SALEM WATER CoMPANY-office
corner Commercial and Trade streets.
Bills payable monthly in advance.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
VETERINARIAN

DIR. W. G. MOORHOUSE, COUNTY
veterinarian, graduate Cornell Univer-
sity. Office Cherry City Feed Stables
544 Ferry st. Phones, office 2l99, res.
and night 1910.
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04

Hens 24c
Broilers 23c
Geese zoe
Daily capital journal. (Salem, Oregon) 1903-1919, 1918-01-04
THINK FRAZIER A SUICIDE

I I / Z Z Z Z Z = : : = 7 Z
New-York tribune., 1918-05-21
Steel Men Confer
Question of Supply Is Taken
Up at All-Day Session


Members of the joint committee ap-
pointed last week in Washington to
learn definitely the governments re-
qulrements of steel for war purposes
met yesterday in the offices of the
Lackawanna Steel Company, at 2 Rec
tor Street. ]. L. Replogle, director of
stee! supply, represented the War In
dustries Board, while those present
representing the steel industry in
cluded James A. Farrell, president of
the United States Steel Corporation;
E. A. S. Clarke, president of the Lacka-
wanna Steel Company; John A. Top
ping, president of the Republic Iron
and Steel Company, and E. G. Grace,
president of the Bethlehem Steel Cor
poration.
That the conference was an impor-
tant one was indicated from the fact
that it began in the morning and con-
tinued until late in the afternoon.
Mr.. Clarke, who acted as spokesman,
said that some statement might be is
sued to-day as to the results of the
meeting.
Judge Ebert H. Gary, chairman Of
the general committee on iron and
steel Of the American Iron and Steel
Institute, who attended the session in
Washington last Friday, stated upon
his return to- this city on Saturday
that reports to the effect that there
was lack of harmony between the COM
mittee and the War Industries Board
were without foundation. He declared
it is the intention of the steel indus
try to cooperate with the government
to the fullest in the matter of supply
Ing steel for war requirements.
New-York tribune., 1918-05-21
Government to Aid
"Short Line" Roads

WASHINGTON, May 2o-Instead Of
taking over the so-called "short line"
railroads the railroad administration,
it was learned to-day, is considering
plans to insure them fair division Of
joint rates, local increases Of rates by
state commissions, adequate car sup
plies and assurance against discrimi-
natory routeing.
This plan was disclosed in a letter
received by Senator Overman from
John Barton Payne, counsel for the
railroad administration.
If the government should take over
the "short lines," Mr.. Payne stated, an
immediate increase in wages to en-
ployes would be necessary as we'll as
public demands for improved service.
Senator Overman stated that he be-
lieved tho governments proposition
should be accepted by the "short line"
interests.
The railroad law contains a clause
authorizing the railroad director to
take over the "short lines" when he
deems it beneficial to Federal opera
tion.
There has been considerable demand
for the government to take over and
operate all of the "short lines" in every
state and valued at several hundred
millions Of dollars.
New-York tribune., 1918-05-21
Shorts in Baldwin Cover

Baldwin Locomotive advanced yester-
day against the general trend of the
stock market, and at 99A, the high
price for the session, it was more than
six points higher than Saturdays clos
ing sale. With semi-official statements
that directors would take no action on
dividends at their meeting Thursday
and with repeated denials that merger
with the Midvale Steel and Ordnance
Company was under consideration, the
Street had difficulty in explaining the
strength in the stock. The only bit of
ammunition which the bulls appeared
to have left was a revival of the report
that the Du Points had resumed buying
into Baldwin. This story seemed sufi-
cient to scare a number of shorts into
covering, for after the stock had
jumped above 80 it quickly receded and
closed at 96A for net gain of 2%
The Baldwin company, while it has
been doing large business, has been
compelled to borrow heavily as a result
of the increasing costs Of materials.
It's bank loans and notes now out
standing are estimated to be in excess
of $10,0OO,OOO,
New-York tribune., 1918-05-21
Court Decision
Gives Board Control
Of Stock Quotations

WASHINGTON, May 20-Federal
court DEGREES sustaining an order of
the Massachusetts, Public Service Com
mission requiring the Western Union.
Telegraph Company and the United
Telegraph Company to furnish to Cal
vim H. Foster, a Boston broker, New
York Stock Exchange quotations by
ticker service, were to-day set aside by
the Supreme Court. The telegraph
companies suspended the services to
Foster after the exchange had re-
fused to act on his application for
service. Foster contended the state COM
mission could not interfere, as the case
was only in the jurisdiction of the
Interstate Commerce Commission. The
Massachusetts commission held that
by withholding service the companies
were discriminating against Foster.
According to a statement issued at
the Stock Exchange yesterday the de-
cision of the United States Supreme
Court overruling the opinion of the
Supreme Court of Massachusetts in the
Foster Western Union case upholds the
contention by the exchange of its right
to decide who shall be the recipient
of the official Stock Exchange quota
tions.
"The decision," said the statement,
will also place the exchange in a posi-
tion where it can prevent the use or
dissemination of it's quotations by un-
authorized persons through legal proc
ess if necessary.
IA similar question with regard to
the quotations made on the floor of
the Chicago Board of Trade was de-
cided in favor of that organization
about thirteen veara ago Under this
decision the Board of Trade was en-
abled to practically do away with all
Of the bucketshops pretending to do
business in the commodities dealt in
on the Board of Trade and using for
that purpose the quotations which they
obtained by surreptitious means or
otherwise.
"1t is believed that if the present
decision is as broad in scope as that
in favor Of the Board Of Trade, the
New York Stock Exchange will be able
to prevent the use in any manner of
its quotations by persons not properly
entitled thereto"
New-York tribune., 1918-05-21

Ind u strial
Cotton

The action of the cotton nark.s 49,.
terday once more. reflected Ii. :.
timistic view of new crop pos.,b;,;.,..
and apprehenalons of Continued I;sss
exports, New crop months broke in.
low ground for the season, while Jn;v
sold OF to 24.45c, or just about sss
pale from the recent high level. P.T
iies followed on covering, but wera NJ.
fully maintained, with the market .I.O .O'
points. II
The good weather reported in IL.
favorable weekly report from IN ~
Weather Bureau on Wednesdsu "a, Ms
also in comparatively Favorable sa1 sa1
May condition report from the povs.. na
ment. There were a few complaint -
too much rain, and some of the oths.
crop advices received showed thu co.
tinued influence Of the unfayorshi.
weather conditions which had prevsjisS
early in the month. But bearish sens;l
ment evidently prevailed around n.
ring, and it was the firmer techn;n.s
position after the break into new io-
ground rather than anything in -.
news which accounted for the aftsrs
noon rallies.
The market opened irregular AZ az
advance of 81 points for May, but esn.
orally 8 to So points lower. Tradiny !,
May will end at noon on Friday ana
the initial bulge in that deliverv "a
suited from covering. The demand was
soon supplied, with May showing littls
further feature, although it did not
fully respond to the break in later de.
liveries. The selling was promoted bv
the favorable weather forecasts and ds.
tailed reports and included offerinss
from Southern sources as well as local
and Western pressure. The volume Of
offerings tapered off, however, after .
break Of about 40 to 56 points from
Saturdays closing figures, and later
fluctuations were irregular, with tbs
close showing rallies of IA or Is points
from the lowest.
London press advices confirmed ths
reports reaching here late last week of
additional curtailment on Lancasbi,s
consumption. According to those ad.
vices the canvass recently taken by ia
British Cotton Control Board showed
a very unfavorable position. and unless
more tonnage speedily becomes avail
able still more serious situation Il
probable. While these reports tend to
show the scarcity and need of cotton
abroad they place even greater empha-
sis on the scarcity of shipping and the
probability Of continued small exports
for the balance of the season. No ex.
ports were reported yesterday. South
ern spot markets as officially reported
yesterday were unchanged to so points
lower, most of them unchanged.
Yester- Day Year
day. before. ago.
Cash o6 oS of Ss~ o. n
New-York tribune., 1918-05-21
Marine Meeting To-day

Directors Of the International Mer-
camille Marine Company are scheduled
to hold another special meeting to-day
to discuss the plan which may result in
the disposal of all the British tonnage
to an English financial syndicate. Just
how near the negotiations are to COM
pletion is still matter of conjecture,
for no official statement has yet been
issued in this connection. The course
of the Marine shares in yesterdays
market was erratic. After opening up
1h points at 105 the preferred almost
Immediately sold 1s Ligher and later
dropped back to 1O1%, closing at 101 M
for net loss of 1A. The common lost
q point.
New-York tribune., 1918-05-21
Copper Output Well Maintained

With the exception of the Chino the
leading copper producers of the So
called poryhyry group managed to
maintain output on high level during
the month of April. The preliminary
production statement issued yesterday
showed that Utah turned out 16,69O,-
833 pounds of copper in April, COM
pared with 16,380,000 in March and H.
100000 in February. Nevada Consoli-
dated produced 100000 pounds,
which was about 100000 ahead Of
put of 7,35o,Ooo pounds, compared with
7,585,000 in March and 6,860,000 in Feb
ruary. Chino's production last month
dropped to 6,290,513, compared with T.
833,O46 in March and 5,822.581 in Feb
ruary.
New-York tribune., 1918-05-21
Relevant Comment
Sloss-Shefield's Dividends

An explanation for the recent
strength in Sloss-Sheffield shares was
found in the statement that directors
have under consideration the question
Of making up to the holders of the
common stock the dividends that would
have been paid last year had the rate
established in January, 1917, and re-
sumed in April this year, been main
tanned without interruption. AS no
dividends were paid for four quarterly
periods, the company's stockholders
may receive per cent in cash, accord
ing to the reports in the financial dis
trict.
New-York tribune., 1918-05-21
Stock and Bond Averaxes

decisions of this court it may be said
to be now we'll settled that the Sher-
man act condemns all combinations
and contracts the effect of which is to
unduly restrain the free and natural
flow Of interstate commerce or mo-
nopolize or tend to monopolize such
trade or commerce in whole or part.
That these lease restrictions tend to
prevent the free flow of interstate COM
merce and the natural course of it's
activities and at least tend to monop-
olize an important trade in interstate
commerce seem apparent from a mere
statement of their terms, having in
mind their natural and necessary ef-
Sect"
New-York tribune., 1918-05-21
Liberties Under Pressure

Liberty loan bonds were under press
ure in yesterdays market and the Az 8
sold from $3.50 to 97.62, which COM
pared with a new record Of 97.52 made
last week, a few days after the issue
had been admitted to dealings. The
second as opened at 94.94, and on a
fairly heavy turnover receded to 94.76.
The low record for this issue is 94.60.
sues have shown declining tendency
of late, brokers assert that there has
been no great rush on the part of hold
ers to unload their bonds. This has
been particularly true of the new ANS,
which would indicate that they have
been well distributed.
New-York tribune., 1918-05-21

some time to come have to be
financed through cali loans and at
comparatively high rates. Bankers
are confident Of being able to carry
the burden Of the impending large
financial transactions without diff
Guilty, although It is admitted that
the task Is one Of the largest that
has yet confronted them,
New-York tribune., 1918-05-21
The Dollar in Foreign Exchange

Observance of Whitsuntide in the
foreign markets made for dullness in
the local foreign exchange market yes
terday and rates moved narrowly as a
Exchange moved against Italy, lire
checks going to 9.07, approximating the
recent low record level A slightly
easier tone developed in Swiss fran IS.
Otherwise the market showed very lit
tie change from the Saturday closing
range.
Closing rates yesterday, compared
with week ago, follow:
Quoted dollars to the pound.)
New-York tribune., 1918-05-21

Falling only a little short Of
round billion dollars, the amount
ramed by the Director General of
Railroads for betterments, ex-
tensions and equipment. is impress
sive. Many persons were, at first
thought, inclined to regard this pro-
vision as generous, even liberal; but
others believe it to be inadequate,
and they make out a good case.
Railway authorities were pretty we'll
agreed before the war that capital
expenditures of at least $1,O00,000,-
600 annually were required to keep
the transportation machine up to
the standard. Two years ago, after
careful investigation, it was esti-
mated that at least $1,000, 100000
would have to be expended each
year if railroad facilities were to
keep pace with the normal growth
of American commerce. But that
was two years ago, and conditions
now are very different; and even if
it be assumed that this estimate was
too large by third, it is still
fact that the S938,000,000 more or
less to be spent in the next twelve
month will fall far short of meeting
normal requirements, and require
ments now are abnormal. The car
riers must handle at least 25 per
cent more traffic than they did be-
fore the war. For the fact is
the purchasing power of money has
Sc decreased that the amount named
will buy perhaps not more than half
as much as like amount would
have bought before the preposter-
Gus imitation Of prices began. The
conclusion is unacceptable - the
transportation system will not be
maintained as it ought to be; it
can't be done with 100000
under the present scale of prices.
In fixing this amount it is probable
that the authorities had in mind the
limitations imposed on expenditures
by the shortage of labor and mate
rails. Even if twice $938,000,0O0
had been the figure named, it is
possible that the railroads would
be no better off at the end of
year. They might not be able to
spend it. It was such considera-
tons as these that held back the
market yesterday. Some traders,
looking only at the specifically IA
vorable side of the news, thought
there should be substantial ad-
vance. Naturally they were disap-
pointed.
New-York tribune., 1918-05-21
BROOKLYN RAPID TRANSIT COMPANY
NOTICE TO STOCKHOLDERS.

A special meeting of the stockholders Of
Brooklyn Rapid Transit Company will b
held on Thursday, the 23d day Of May.
1918, at IL o'clock noon, at the once Of
said Company. at No. s5 Clinton Street. In
the Borough of Brooklyn, City Of New
York. State Of New York, for the purposes
and objects of:
Considering and acting upon the propo-
sition to consent to the execution and de-
livery by the Company of a mortgage lin
tied In principal amount to not exceeding
one hundred and fifty million dollars, IN
substantially the form to be submitted at
such special meeting Cor at any adjourn
ment thereoO and covering all the prop
erty and franchises OF the Company now
owned Except such as may be expressly
excluded by the terms Of said mortgage)
or hereafter acquired in exchange for, OF
with the proceeds of. the bonds issued un.
der said mortgage. to secure the payment
OF the obligations Of the Company CONTRACT
ed or to be contracted for the TRANSACTION
OF Its business, or for the exercise OF 10
or for any other lawful purpose Of its in-
corporation. Such of the bonds issued IN:
der said mortgage as may be determines
by the Board OF Directors shall be coz.
vertible into stock Of the Company under
such regulations as the Directors may
adopt.
matters germane to the foregoing purposes
and objects.
The stock transfer books will be closed
at o'clock p NJ. on Wednesday, MAY =
A. NJ. on the day Immediately succeedine
the final adjournment OF said stockholden
special meeting. The polls will remsH
open for one hour.
BY order of the Board OF Directors
BROOKLYN RAPID TRANSIT 90.
BY J. H BENNINGTON.
Secretary.
Brooklyn. N. Z. April 20. 1913.
WESTMORELAND CONSTRUCTION Con-
PANY UncorpOrated) -
meeting OF the Stockholders OF 49, -.
moreland Construction Company (incgs
porated), will be held at the Office o. "
corporation, No. 500 West 1s0th stree.
New York City. Manhattan Borough; on ~
the 27th day OF May. 1918, at q o,ciocx, =
the evening, for the purpose OF vosas ssas
be dissolved forthwith.
Dated. New York City, April Is. 1s1s.
MARY II. EGAN. Secretafy'
New-York tribune., 1918-05-21
Money and Credit

Although the Saturday bank state
ment disclosed a decrease Of approxi-
mately $50,00o,o00 in surplus reserves
money market conditions showed prac-
tically no change at the beginning of
the new week. At the Stock Exchange
the supply of call money was sufficient
to meet the days demands without
bringing about an increased stringency.
The ruling rate for call loans was to
5h per cent.
Money brokers reported that there
was practically no money offered for
fixed periods, about the only business
in this department consisting of re-
newals of maturing loans at 6 per cent
for thirty-day periods. The demand for
time accommodation is still large, with
borrowers bidding per cent for all
maturities.
Ruling rates for money yesterday,
compared with a year ago, were as fol-
lows:
Yesterday. Year ago.
Per cent. Per cent.
Call money:
On mixed collateral. 234
On industrial col't'l. 5L2
Time money (mixed collateraD:
Sixty days ......... 4A@4T2
Ninety days ........ 4A@4I2
Four months. 6 4H@4M
Five to six months. 6 4N@4M
Commercial Paper.-The best COM
mercial paper was discounted in fair
volume at per cent yesterday for four
to six months maturities. The demand
for paper is coming largely from in
terror institutions.
Bank Acceptances.-Ther was a
heavy demand for bank acceptances in
this market yesterday, both local and
interior institutions being liberal pur-
chasers. Rates were unchanged, as fol-
lows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Per cent
E ig Bile
banks. .4I4@4 4h@4h 4h@4A
E Eligibl
ber banks.414@4Is 4h@414 4h@4A
Ineligible
bank bills.5A@494 5A@4a4 5A@4M
For delivery within thirty days:
Per cent
Eligible member banks. ......... 4L2
Eligible non-member banks. .... 45a
Ineligible bank bills. 6
Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper on all periods up to ninety days: