davidaulloa/AmericanStories huggingface dataset:
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
LOCAL MEN INDICTED
BY FEDERAL JURY

The Federal grand jury. called in
Carson City last Monday and organ
lied with Frank Byington as fore
man, made its final report yesterday
afternoon and was discharged.
Following are the Indictments
found:
d. Stain, j., Aranguena. shipping
liquor into the state.
Dick Wah, Chinaman of Virginia
City, having drugs in his possession.
Charley Hoy, Tonopah, shipping
liquor into the state in violation Of
federal law.
G. Gagier. Inlay, violation of the
migratory bird treaty.
C. w. Charley, Reno, having opium
in his possession.
Frank Jones, Tonopah. mailing OBJ
scene matter.
All Boo. Reno. selling ven shee to
Indians.
f. H. Banta and w. H. Anthony,
Sparks, entering and extracting arti-
cles from freight cars.
c. G. Archibald of the Archibald
Produce Company, Reno, using mails
to defraud.
Harry v. King, Reno, stealing coy
ote hides from the government.
The complaints against w. H.Bray-
den and George Pearson of Goldfield
for shipping booze into the state were
ignored.
The complaints against John Deal
and Dutch" Parker of Tonopah,
charged with shipping liquor into the
state, were carried over until the
meeting of the next grand jury.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
MENTION Of PEOPLE
WHO COME AND GO

w. Z. Clawson is a visitor in this
city from Midas.
w. T. Hargrove is a recent arrival
from Gold Circle.
William ]. Georgia of Oakland,
Cal, is a visitor in town.
X. A. Stolberg OF Oakland, Cal, Is
a business visitor in town.
George Sutherland of Elko Is
spending a few days in town.
r. J. Redmond of Patterson, Cal.
is a recent arrival in this city.
H. A. Wilson is a guest at the
Overland hotel from Los Angeles.
A. Pasquale is spending a few days
in this city from Paradise Valley.
w. A. Koplin was among Tuesdays
arrivals in this city from Gerlach.
X. G. Lamb, government trapper,
is spending a few days in this city.
Fred Wendell, mining man of Dutch
Flat, Is a recent arrival in this city.
@
s. r. Guthrie has returned to this
city to again take up his residence
George Devaney of Newman, Cal.
was an arrival in this city yesterday
Mrs. Erling Prout is visiting in
this city for a few days from the
Buckskin-N National mine.
W. z. Conner was a visitor to this
city during the week from the Cod
chaux ranch in Paradise Valley.
Miss Louise Cooney, who has been
spending her vacation in this city
visiting with her mother and sister,
left yesterday to resume her duties
at Washington, D. c.
Mr.. and Mrs. Tilden Martin are re-
cent arrivals from the Jackson range
section. .
Mr.. and Mrs. P. F. Connolly have
returned to this city from a trip to
California. @
Pete Egoscue, who has been look
ing after his sheep in the northern
part of the county, has returned to
this city. .
J. o. Westrope was in town yester-
day from Paradise Valley, en- route
to Oroville, CAL, where he will visit
relatives. "
r. o. Bliss was an arrival in this
city yesterday from San Francisco.
He will leave Immediately to inspect
the Bliss ranches in the northeast
ern part of the county.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
WEATHER REPORT

For the twenty-four hours ended
at s am. today:
Highest temperature yesterday, 49
Lowest this morning, ss.
Mean temperature yesterday, "A.
Normal temperature yesterday, 81.
Precipitation, 0.18 inch.
Prevailing wind direction, SW.
Weather forecast for the twenty
four hours ending 5 pm. tomorrow:
Fair tonight; Friday fair ant
warmer with heavy frost in the
morning.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
WILL VISIT IN SPAIN

Timothy Martinez, rancher of the
DEMO section, was a visitor to this
city Tuesday and made application
with County Clerk Davey for a pass
port to the formers home in Spain.
If a prompt response to his applica-
ton is received here Mr.. Martinez
will. in all probability. leave for the
old country about October 16.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
DUCKS BEWARE!

H. p. Scott. telegraph operator
at Rose Creek, was a visitor in this
city during the week. While here
Scott visited the county clerks office
and secured a hunting license, de-
termined to lessen the number of
ducks in this section by a few before
the season expires.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
LETTERS OF GUARDIANSHIP

Mrs. Josephine Duarte of Golconda
filed a petition in the local district
court Tuesday for letter of guardian
ship in the matter of the estate OF
her daughter, Emma Duarte. minor.
The girl Is a legatee in the VIII
of German Gonzales, deceased, for
merly cashier at the local Southern
Pacific freight house. Mr.. Gonzales
died last fall
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02
RAMS FOR SALE

Seven hundred Lambouillet rams,
yearlings to five-year-old. For fur
Their particulars write.
w. T. JENKINS COMPANY,
Battle Mountain OF Winnemucca,
Nevada. S13-tf
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02

II you have acquired a coat OF tan
during your summer vacation you can
get rid of it by using Hougaud's
Milk of Almonds. Buy 1t at the Cor
ner Drug Store.-Advt.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1919-10-02

Use Pensular Cherry Cough Bal
sam for that annoying cough. for sale
at the Stephenson Drug Co.-lAdvI
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
MATERIAL GAINS MARK
CHICAGO CORN MARKET

CHICAGO. June with the visible
supply of corn about ten million
bushels less than was the case year
ago. and with planted acreage smaller
and the status of the growing crop
below normal prices of corn this week
have scored material upturns. Com
pared with week ago, the corn mar
ket this morning was ~ to Az high
er, oats were down AaN to, y, and
provisions varying from 30 cents de-
cline to rise of $1.75.
Industries, elevators and shippers
competed actively for all the arrivals
Of corn during several successive
days, and although fear that a squeeze
might accompany the final adjustment
Of the contracts proved to be. I'M
founded the enhancement of values
met no check until transient tighten
ing of the money market put -bullish
sentiment something at a discount.
Subsequently, improved crop condi-
tions tended further to take away
part Of the upward strain on values
Bearish sentiment, too. acquired more
or less additional impetus later by
reason of the fact that after today
holdings for any individual interest
would be restricted to a maximum of
10000 0bushels.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
NEW YORK BANK STATEMENT.

NEW YORK, June 7.-FolloWing is
the statement of the actual condition
of the banks for the week ending to-
day:
Loans. discounts. etc. 5.114.s62,ooo;
increase. $205, 402 900.
Cash in own vaults. members fed
eral reserve banks. SOS. 900; increase,
$7.295, 900.
Reserve in federal reserve bank of
member banks. $565.774.000; Increase,
$10.239.000.
Reserve in own vaults. state banks
and trust companies, $12.2o7.ooo; de-
crease. $4,000.
Reserve In depositaries, state
banks and trust companies. $11,731.-
900: decrease, s56S.000.
Net demand depositA $4,o93.S95,000;
decrease, $39,683,000.
II s. deposits deducted, SSs2,65s, 900.
Net time deposits. $14S.72s. 900; de-
Circulation. sss.74s.ooo, increase.
$4,000.
Excess reserve. s37.455. 100; increase,
S14, 100, 900.
Summary of state banks and trust
companies In greater New York, not
included in clearing house state
ment: \
Loans. discounts. etc.. $s34,6o2, 900;
increase, $12,869,600,
Gold. ss.ss4.2oo; decrease. s1o7.5
Currency and bank notes. $17,623,-
400; increase, $701.40
Deposits with federal reserve bank,
New York, $70.711.000; increase. $3,-
626, 400.
Total deposits, $S56.369.600; in
crease, $17,067.4
Banks cash in vault, $40, 353, 400.
Trust companies cash in vault, s7e.-
365,2O0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08

E. K. Pulsifer-The export boom
that has been progressing and which
is expected to expand will build up
the greatest business New York Cen
trail has ever carried, according to
sources which have been looking into
the market possibilities of the stock.
1t is intimated that good deal of
buying of this issue lately has been
based on this feature.
Clark Childs-The whole industrial:
list, with very little exception. has
been marked to height which has
practically discounted the first good
results from peace conditions.
Although prices will ultimately sell
much higher before the year 1919 has
closed, yet the first leg of peace
prosperity has been practically dis
counted by the enormous advance
months and it's unwise to try for the
ultimate dollar in each market move
of Importance. The market is al
ways here and opportunities will be
just as great therefore why be ca
joled into taking stocks off the hands
Of insiders at these prices.
Whitney-For the immediate stock
market there is absolutely no change
as to the manipulation, In which in
siders and pools are using every ln7
tricate point in the art to make mar
ket for stock. so they can conven-
iently sell and be in position to re-
purchase at more propitious time
and at lower level before starting
their next bull market.
They have at last got prices up
to an extremely high level and. with
the financial horizon right now as
Gear as crystal, it makes an easy task
for the pools to unload stocks to the
eager buyers.
The present activity and the con-
tinuous whirling up of prices in GER
tain stocks is just what l want to
see. and which should be in evidence
to enable profit taking by the whole
sale.
In this connection Steel common.
the usual stalking horse on the
stock exchange. is used most con-
spicuously now in it's upbidding to
enable the selling of stocks through
out the list. The price Of Steel COM
mon Is now at a level when it for.
merly disbursed Az per cent divit
the manipulators go in running bull
campaign, and the price Is high enough
for one time.
Moler-This market is not an emf
nently safe proposition. vThe current
unreal conditions may continue few
days-so one can say. But all around
the world in politics. finance and la
Dor and multitude Of human affairs
stray sticks of dynamite are lying.
upon one of which somebody may
step any minute. with the effect of
upsetting a good deal OF the current
euuanimity of mankind AS usual,
Wall street is taking too much for
granted The bull account is too
large; loans are overwhelmed. too
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
LATEST WALL STREET NEWS.

many houses are too far behind in
their accounts and work and the mar
ket generally is not in shape to stand
any surprise which generally comes
in.
| News Observation-Disclosures of i'm
provement in the copper metal indus
try are expected in active market
circles to be followed by sharp ad-
vance in Montana Power stock, which
is now in a better general position
tho lowest cost of, power producer in
he>United States and has attractive
speculative possibilities.
"Steel prices appear to have become
stabilized at levels which will yield
satisfactory profits il the volume OF
business increases as is now indlcat-
=, ed" says a leading stock exchange
house. This is a very favorable de-
velopment." 1t is noteworthy that
conservative quarters are giving
more friendly consideration to the
steel group.
BOSTON News Bureau-It is said that
western brokers are preparing to see
Washington make an announcement
that it will be necessary to issue gov
eminent bonds to take care OF the
transfers of railroads back to private
ownership with equipment up to the
standard promised when the carriers
were seized for war purposes:
Logan & Bryan-Just' how far the
enthusiastic buying which has been
in progress for quite while Will
carry prices. it is difficult to foreteil,
but it would appear that the market
will soon begin to feel the erect OF
the heavy distribution which has been
conducted by substantial interests IN
the Industrial section OF the list.
.. News Bureau-The short interest IS
said to be pretty well covered; Mean
while the average of prices for the
most active industrial stocks Is at
present the highest since the pre-
yious bull movement in 1915, when
the speculative buying on war or
ders was SO great
Henry CIews-A strong undertone
prevailed on the stock exchange. al.
though the advancing tendency was
temporarily checked by realization
and consequent hesitancy. The en-
phatic warning of the federal reserve
board against excessive speculation,
the high rates for call money, the
strained conditions abroad. the upset
in foreign exchange, the excessive
imitation of values. the decline in
buying power of the dollar and the
great temptation to take on unwise
risks all tended to sober what
threatened to be a runaway market
There was a disposition to liquidate
on shares where the rise has been
too rapid, giving more attention to
those hitherto neglected, and for va
rious \reasons there are not few
who would like to see fair reac-
ton on the stock exchange, but with
such favorable conditions as exist.
at least in this country. there is lit
tie encouragement for those bearish-
ly inclined. Toward the close of the
week the rise in values was again
resumed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
NEW YORK COTTON MARKET.

NEW YORK. June Further de-
cline met active covering for over the
week, and in the cotton market,
while trade buying was also reported
contracts up from 1888 to 2S.40, that
delivery closed at 1925. with the gen.
eral list closing firm at a net advance
of 40 to So points.
The market opened steady at a de-
cline of 9 points to an advance of 4
settled right after the call. There
was considerable southern selling,
while Liverpool was a heavy seller
here and local pressure was pro-
NOTED by the favorable weather map
with prospects for improving crop
and December to 27.24. with active
months generally selling 20 to 80
points nat lower. In the case of Oc-
tober contracts this made q decline
of a little over 4ho per pound from
the recent high record. which seemed
realizing by recent sellers. This
checked the decline and covering be-
came more active later in the morn
ing, when offerings were COMPARE
lively scarce, suggesting firm tech
July sold up to $3.50 and December
to 2S.03, making net advances of So
to 65 points. The close was a few
points off from the best under really
Ing. Reports from the goods trade in
dicated a smaller volume of business
at first hands, owing partly to the
ability of buyers to secure supplies
from second hands at lower prices.
Southern advices were received
claiming that hedged cotton was be-
ing sold at the decline, but that other
holders had withdrawn their offer
ings and would not sell at lower
prices. These reports probably had
some influence, but most of the local
brokers attributed the advance to
stronger technical position and a dis
position to cover shorts after the re-
cent severe break.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
A Peculiar Situation.

A difference of opinion in constru-
ing action of Congress regarding the
payment of income tax on gifts to
the Red Cross. has caused more or
less discussion and will probably
lead to a test case being filed in the
interest of some of the national banks
OF Washington and other cities
It will be recalled, during the in
tense campaign for the Red Cross in
1918, with one million dollars as the
goal toward which all energies were
directed, Congress was asked to act
on an amendment TO the national
hank act, so as to permit national
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
DAIRY MARKETS.

CHICAGO, June 7.-Butter-Lower;
creamery, 46a511a.
Eggs-Unsettled; receipts, 27,3s9
cases; firsts, 39ha41; ordinary firsts,
37a3Sk; at mark, cases included, sea
40; storage packed, firsts. 41ha42A !;
extras. 42ka43.
.Poultry-Alive unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Copper Prices Advance.
Chandler Auto Co. Dividend.

tors of the Chandler Automobile Com
pany today declared a quarterly divi-
dend of per cent. an increase of 1
per cent over the last quarter, pay
able July /. This places the stock on
a 16 per cent basis instead Of IL per
cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
What to Do With the Money

The Capital Traction Company did
not ask, and, what is more, did not
need the cents transfer charge.
Moreover. some of the directors are
of the opinion that il infiicts a hard
ship on the public that has been
used TO free transfers on the lines
OF the company at junction points.
But the company is collecting the
pennies and has planned to spend
part OF the bonus for new equipment
1t would seem as IL the commits
sion. in giving the Capital Traction
Company the unasked two-cent trans
fer charge might have modified the
order with the injunction that the
entire returns from this source should
be used directly and as directed by
the commission in the betterment of
tracks and equipment.
Such an order would have mitigated
the bitterness of the ruling from the
standpoint of the public. nor is 1T
too late to give consideration to this
matter
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Paris Bourse to Close Monday.

PARIS, June THE ,bourse will be
closed on Monday, holiday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Sharp Break in Cotton.

The cotton market, on contracts for
future delivery. suffered the sharpest
break in prices this week that has
occurred since early last fall, when
the market was going down from the
high records of 35 to SO cents per
pound, established in September. The
maximum decline in prices from the
highest quotations reached in the cul-
mination of the last two months bull
movement on May 26 to today's low
figures, show between $50 and 500
points. With the market on today's
| lowest basis and nearly every one
bearish there suddenly appeared some
heavy buying orders from important
trade interests. This movement
caught the majority of the local op-
orators and pit traders SO largely
short. there was sudden furry from
scramble to cover. 1t jumped prices
hours trading from the early low
quotations. July bulged to 29k, while
October went up to 2S.40. December.
2S.03; January, 27.75, and March to
27.42 on this rally.
The corn market was strong early
closed decidedly irregular. The wheat
market. Of course, is under the spell
of official control.
Comment on Investments.
Investment bankers pointed out
this week that the income tax was
bringing about a decided change in
their list of bond buyers. Heretofore
men with large incomes have been
the best customers of bond houses.
With the heavy income tax, however,
the income received on good bonds
is so small that rich men are turning
to the comparatively. small list of
tax-exempt bonds and to preferred
stocks. Today good bonds, which
heretofore were bought by rich men.
are being picked up by the small in
weston, who pays no surtax.
The local commercial paper market
came almost to standstill this week.
A good business came from the coun-
try, however. Most of the paper
being sold goes at 5A per cent. The
range is from 5A to 51s. Five rep
resentative cotton mill agents inter-
viewed this week stated that the
cotton mills of the country were SO
affiuent that 1T was unnecessary for
them to borrow money from banking
institutions. During the war years
the cotton mills sold basic fabrics at
the goods having been above 10 cents
yard. AS result surplus profits
were large-even after the payment
of the tax on excess profits. 1t also
was stated that before the war go
operated on borrowed money:
The bank acceptance market also
was quiet. The Belgian bills are
now being traded in and all the deal
ers are about as well stocked up with
bills in general as they care to be.
Some dealers expect to find call money
easier next week and better market
Fifteen to sixty day prime trade
acceptances were quoted at 6a5A per
cent: sixty to ninety days, 5a5h per
cent: Endorsed trade acceptances, AZ
per cent all maturities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
BIG ORDER LIFTS. STEEL;
|OTHER METALS ADVANCE

NEW YORK, June THE outstand-
ing feature in the steel market last
week was the closing of contract
for delivery of $4,000 tons of steel
by the General Motors Corporation
with the United States Steel Corpor-
alton. The order included plates. bars
and sheets, and the fact that the
prices were stated tofhave been based
on the Industrial boards schedule
has created greater confidence on the
part of buyers of steel products. The
tone of the market, both here and
elsewhere, has been reported i'm
proved, and during the past week
mill operations have been higher on
account Of the new business placed
siderable tonnages are moving to
foreign countries. There is little evil
dence that concessions are being
offered in the price scale for steel
products.
Pig Iron Situation Improves.
The pig iron situation Is considered
improved and there are numerous
orders on the books Of producing
concerns covering both prompt and
future shipments. That prices are
considered firm was shown in q re-
cent offer by an interest here Of sew
eral hundred tons Of standard pig
iron for prompt delivery at a mate
rial concession from the established
prices. Thus far there have been no
takers of this offer. Buyers are re-
ported to have abandoned their poll
icy of holding back in placing orders.
Pig iron production during May
reached a level of 2,10S.656 gross
tons. the lowest total since May.
1915.
Copper Prices Advance.
There has been a good volume of
business in the copper market dur
ing the past week and prices have
advanced in consequence. At least
one Of the larger producers was said
to have no electrolytio on offer for
June and July this morning, but the
week, and to be asking 1850 for
August. In other quarters electro
lytic was quoted at II to 1875 for
June and July this morning but the
demand was said to be rather less
active after the buying of the earlier
week.
The local lead market is reported
quiet, with outside interests holding
on levels slightly below those of the
leading producers.
Tin continues an uncertain PROPOSE
ton in view of the small allocated
supplies remaining to be liquidated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Trend Long Noticeable.
Would Have Enjoined Payment.

Had the common dividend been de-
clared in May the preferred share
holders. or at least a sufficient num-
Der to have made respectable show
ing. would have enjoined the pay
ment, in the interest Of conserving
their rights.
The hope of the noteholders and
shareholders as well lies in obtaining
sufficient revenue to make ends meet
partial relief is lingering
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Strict Economy Needed.

Strict economy. with due compIi.
ance with the the orders of the
Utilities Commission. service as or
dered. capable men on the directory,
practical management and practical
men in every department and branch
OF the great systems. sinking funds
for the retirement of bonds and de-
served returns. may yet bring the
Washington Railway and Electric
Company and its shareholders out of
their troubles.
The two-cent transfer will never
do il
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-06-08
Riding for a Fall.

There is every indication that the
public is riding for a fall and riding
hard in the New York stock market.
Happy, confident, joyous over max
ing large profits in stock speculation,
spectators hesitate to take in their
gains and refuse to take well
earned rest. pushing on after the last
dollar. History repeats itself. Wild
speculation in common stocks, for
fifty years in the New York stock
market at least. has always been fol-
lowed by the militant shake out"
and this whirlwind generally returns
profits to the dominant interests on the
street. then repeats again.