davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
Contract Generally Popular.

The new contract for the sale OF fin
ished steel products Will meet with gen
eTal adoption, according to steel men
here, and several mills have had printed
copies of the forms sent out by the
American Iron and Steel Institute. iuv
their own use. or course the trade isn't
agreed on the adoption Of the contract.
Naturally interest attaches to the po-
Sition OF the United States Steel Corpora
ton in the connection and Official an
nOunrement 10 anXiuhsly awaited Ii is
known that while many officials Of the
corporation favor the change. several
sales managers do not They are un ted
on the point that few contracts are
TO be made In the near future. When
the new contract does go through uni
versauy some buyers who have made
contracts viii conflre their buying to
placing OF specific orders. To avoid
possibility Of loss the buyer mus be
assured fairly well of the quantity Of
material he viii require lie may be
able to furnish Specifications ard thus
in many cases place all order as rradnv
as n contract.
Steel mills are now making adjust
montI under contracts for the sale u3
finished steel products whereby the ma
tcrial will be iuNOiCcd at the reduced
prices now IN erect. inns Hppjts
whether the contract was ut the Govern
mort price or AT n higher price. there ho-
.ug some contracts let that were made
before the fixing oc Government prices.
but afier the time when the open market
rose above the level that eventually he
came the Government price. Exception
is made ~ contracts that call for steel
for specific construction, all such con-
tracts being regarded Ny producers rs
not subject TO adjustment. In NO ease
DO steel mills WISH II to be understood
that they are revising contracts Tu,
adjustments are made only uron mate
rial rs shipped, and the remaini' : ton
mage IA the contract stands II the mar
E,t should later advance to the original
contract level tn" mill would insist Upou
tho full price being paid upon any mate
rial delivered IN such circumstances.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
HONOR w. P. BONBRIGHT.
Banker Is Made ChevaltSr OF
French Legion.

Ntihm T. Ronbrrnt. president o.
BoUhrgnt n CO., has been made
Cl.yLl!er Of the Legion of Honor by the
F,,Lyh Governments according 10 al an
nuuucemeut made Saturday. Mr. Bon
bright VA. prominent IN early war
financing ia tins country by the Al
Lies, and was Instrumental IN negotiating
acceptance CREDITS aEgrrgating $4,000,
Geo for the Sa}d munitions manufac-
turing firm
Alvin ". ltrerh president OF -
EqIuanlo Trust Company and G4Iectur
In many cprporatiouS. has also had
'le SAM" .ouur conferred upon him
The following telegram Was sent 10 Nj.
Krach tror WASHINGTON.
II tk, pleasure ia notifying you that
tu, fr,u"h Government has conferred
rr.u yuu t.v utc Of Chevaiier Of tie
Legion If ltoror. Please accept nay
hearty congratulations.
FL WARD DE BILLY"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
$50 MOTOR CARS BURNED.
Sightseeing Buses and Vans De-
stroyed In Garage Blaze.

More than 100 automobiles, vans and
sightseeing buses We're destroyed yes
tcrday in fire al 73i and 1886 East
Fourteenth street. The building runs
through the block to Thirteenth street.
Nathan Whitman OF the Union Mar
lct police station heard an explosion
and saw the windows and roof blown
from the building. He called the Fire
Department and the proximity OF the
place to the tanks OF the Consolidated
Gas Company led Assis amt Chief Mar
tin to send three alarms Before the
Fire Department got through it soaked
the plant of the Eagle Pencil Company,
adjoining the garage.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06

Several furnaces are ready TO sell pig
iron at So below previous levels AMI tho
marFe; can he quoted down 80 tom p1
all pig iron pri"cs ,ud wh.th became q
fcrtiVc Yesterday THIS makes a., Nn'-
ley 'uar,rt as follows H"'-en4,r -" go
basic. $50, 80. . foundry SGT. wl.
cable, S31 BE-. ;ur2y. 80" Frrlr'u 10
pi'tyhurg Is 'l+o. Th.rc have boon .
lew les AT reduced prices. l'rurf "r-
ports II can be sald thai IN, m,r'rtr,
furnaces are well sold up one u~nm-
nent Valley interest Is sold prart.ral.y
iull to July |. another IS sold about go
per cent 10 july and another ~ urr
Hont. The average is claimed to b. ,lt.,
to 30 per cent bat that average Includes
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
Reason for Change.

ITO many people II Is not compre-
ltnsible that money should rule cheaper
ir London after Great Britain had been
in the war for over four years. as
against our eighteen months. although
we are the world money centre.
The reasons for this change In tho
70 call attention to a few OF them brief
~. Before the war broke out practically
all of our imports from foreign countries.
covering raw material and manufac-
turcd products, were financed by stet-
ling credits in London. II was the only
way it could be done
Acceptance Of bills OF exchange and
drafts were not in use. hers and of
course we had no open discount mar
ket for the reason that there We're no
ncceptanceS. After England's declara-
ton of war Il was obvious that she must
mobilize her resources, and at The in-
sistence OF the Bank Of England Amer
Can bankers were Informed that credits
were withdrawn and drawings on Lon
don should be avoided. Importers were
panic stricken and did not know what
to do.
Although the Federal reserve act was
in operation, New York bankers could
not see their way clear to issue dollar
credits, because there was no market
for placing the bills, Finally. pressed
HV It's customers the Guaranty Trust
Company. with whom ] WAS connected
at the time, took the lead and issued
dollar crrdts amounting TO several mill
ION dollars In one day
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06

"The question before US Is VIII We
be able to keep our financial supremacy
or will London take il away from Us
My opinion is that neither New York
nor London VIII be slIprcm. No single
market will be able to finance the worlds
commerce for many years 10 come. Coun-
tries such as Japan. China, and CentIytI
md South America will continue TO use
dollar credits, which they have become
used to. The English Colonies, including
Egypt, South Africa, Australia and New
Zealand, will always use sterling credits
importers who are AT present using
dollar credits cannot understand that
the sterling credit would result in higher
cost to them than the dollar credit in
spite OF the 3 - per cent discount rate
IN London and il2 per cent. IN this coun-
try, Here is the comparison:
Sterling credit discount rate.....SbOoc
Commission ~ quarterly. equal 10
go per Rnnum. .,,..............20O
pramium on sterling exchange
bought for future delivery to meet
ACreptances about, ............,...1OQ
Total cost. ,...........,.......
Dollar credit discount rate....,....6Oes
Commission "a n quarterly ..,..,,..,1.OO
kkQ
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
NO SINGLE MARKET
WILL RULE FINANCE
South American Business Free
Field, Opinion Of John
Bolinger.
DOLLAR CREDITS GO ON
English Colonies May Always
Use Sterling-Compari-
son Is Made.
DOLLAR CREDITS GO ON

That no single market will be able to
finance even south American business, to
say nothing of the entire worlds COM
nierce. for many years to come was the
opinion expressed yesterday by John Boil
niger. vioe-president of the National
shawmut Bank of Boston. He said that
neither New York nor London will he
supreme In financial sense Countries
such as Japan, China, Central and South
Amertst- in his opinion, will continue
to ire dollar credits. which they have
becOne used to. The English colonies
including Egypt, South Africa, Austria
liza and New Zealand. he thinks, will
always use sterling credits.
Mr.. Bollnger compares sterling credit
and dollar credit as follows:
"Just about a year ago discount rates
for bank aoceptancee in the open markets
here advanced to AZ per cent for ninety
day prime bills The London market,
which at that period and for some time
previous had maintained a rate OF AZ
per cent. began to soften just a few days
before the year closed. and 4 per cent
was quoted for choice bills. This rate.
However, stood but short time. A still
further drop to 3R per cent occurred.
which rate has been maintained ever
since. l.. the meanwhile the markets of
New York and Boston ruled firm, ad-
vaDcins fraction to almost ~, per
cent, a differences Of a full per cent
ir favor OF London.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06

do more than It has done ~ way OF
organizing and supporting associations
such as are favored by the Federal
Trade Commission.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06

~ ~ ITTEIVTIW III 7 III NNNI
l.. sT.s Mass. Jan. Sales ~ New
Enp,uy1 .ul.HrtulgG and other serI-
rIN., lur fao week Included
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
Pig and Scrap Iron Agescy.

aOo2. An agent In city OF France DO,
slres 10 securc an agency for the sale OF
unfinished profuct5 such az pis' scrap pa''
tubes and pipes. a.. c.,,or.i
street Railway in a city 81 Switzerland a asa
sir-s 10 purchase a supply OF soy TO ooo
.nns Frooved rolled steel rails, Is meters
long. straight and partly curved "a also a
supply OF so pairs OF hshplates soo MN;
5000. A man In Switzerland desires 70
saCTre an agency for the sale Of food prod
nets and goods from packing houses,
canned goods aud canned igNL
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06

These credits We're issued against i'm
portation Of raw silk, wool hides and
coffee. which had been accumulated for
shipment 10 th9s country Gradually
other banks followed suit, and when the
bills arrived and vera accepted they
ere all quickly absorbed The first
discount rate was G per cent Il quickly
dropped, however. and within a year
when the Federal reserve banks had
come into the market, bills were sold AT
per cent, IL did not talle American
bankers very long to learn this acrep-
lance same. We an know how quickly
II was developed and how It stands to-
day
To get back to my subject the Lon
don market AS ] have said. England
mobilized her resources 10 meet de
mands for money made upon her from
al over the workl Balances were
withdrawn and bills converted into
cash To protect her reserves the
Bank of England ra sed its d scoun,
rate IN as high as 10 per cent, 10 meet
demands OF war, trade was curtailed
and stock exchange operation was re-
striCted
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-01-06
Financing of War.

AS a result easier money conditions
soon developed and the Government,
through the Bank Of England. con-
trollcd the money market Before our
entry into the war England had to
finance her a.hes by granting loans to
Russia, France, Belgium, Italy and
Serbia. all thts in addition to her own
cost OF the war This financing was
done without prolonged disturbance in
the London money market Further
more. they shipped over $1,000. 00O 900
in gold To the United States In spite
of this heavy drain. the bank rate was
lowered 10 per cent
As the war went on I2ngland's in
duStres were placed on a strictly war
baSls, and her imports restricted to
utter necessities. Commercial hnanciug
MAS reduced To minimum.
| Bank balances, on the other hand be-
gan 10 pile up, because OF profts due to
war and foreign money deposited IN
London attracted by the high rates of
interest paid on such foreign deposits
Britain's enormous imports from Amer
tea of foOdstuffs, copper. steel, ammunl-
ton and other commodities were mostly
financed in this country by private loans
and shipments of sold
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

the sale of certain advertising space at regular rates; the Ads" to appea' in Saturday editions and to occupy n)1 less than s inches each.
 The Gateway had only general understanding of the nature of the "copy" to occupy the space, but no knowledge and no idea that it was pat of political propaganda to pro- cue the dismissal of the present man agement of the Government railroad. Jr. in the event of failure to accm plish that purpose, to defeat any fur ther appropriation for the road;
 Only one advertisement was pri"t- cG. The Gateway deemed it imprOp'r to print the succeeding Ads" in the
 cries, and, by mutual consent, the ag. cement was cancelled, money paid on account was returned, and the mat ter closed in kindness and good will by r!| parties connected with the transac lion.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

SUBSCRIBE FOR THE GATEWAY
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

met at Juneau several weeks ago.
 The gas boat Pennsylvania arrived n port yesterday aftNnoon from La Touche.
 John Klonos passed through on the Alameda Saturday night from in- chorage. Mir. Klonos has been ill for several months and is going to the Pioneers Home at Sitka for treatment and rest,
 G. F.. Holmes and J. B. Blick left yesterday for their mining property on Canyon Creek. H.J. Price, RIA. Wi!- son, F. A. Wilson, F. A. Redfen and P. F.. McCarty, who have been stop ping at the Hotel Overland, also left with I%essers Holmes and Blick and will mine this season.
 Sidney Jacobs, w. F. Rohrback, w. C. Baird and w. F. Bonnel, travelling men who have been in Seward for sey- cral days and making their headquar:- crs at the Overland, got away on the Alameda for Southeastern Alaska ports.
 Col. and Mrs. H. E. Revell and the three children will be passengers from Anchorage on the Admiral Farragut going to the states. Col. Revell will % direct to Washington, D. C., on per Sonal business.
 Dr. and Mrs. A. Drtina. with the 4. F.. C., at Talkeetna, passed through on the Alameda for the states.
 About 25 couples attended the dance given by the Odd Fellows Sat urday night and an enjoyable time was had by all.
 Mosquitoes have arrived and they
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
COTTE:R'S
THE PLACE WHERE MEN OUTFIT

ping at the Overland for several days, and J. s. Pollock left for Mile 7l on yesterdays train.
 Mrs. A. F.. Ashton, and daughter Mrs. Harry Schultz, were visiting friends in Seward Saturday night while the Alameda was in port. The ladies are on their way to Seattle on a business trip.
 R. C.. Chambers, formerly of Sew ard, now business manager of the .sn. rhoraCc Times, was calling on friends Saturday right. Mr. Chambers is a raSScngcr to Seattle on the Alameda where he intends to enlist capital for his clam canning company.
 
 VI. Grand, who h:S beer employed at the saw mill, went out to Woodrow yesterday where he will be employed for some time in getting out logs.
 ]. r. Case and II. P Salisbury ara registered at the Hotel Sexton having come in yesterday from Moose Pass.
 Leo Ohnhouscr, who has been stop ping at the Hotel Seward, left yester- day for the lower Kenai lake district.
 Tho Arctic Brotherhood will hold meeting tonight at 'S:30 o'clock. John Noon will make a report of the pro. recdings of the Grand Camp which
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

ping at the Overland for several days, and J. s. Pollock left for Mile 7l on yesterdays train.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
FOR RENT

Fishermen's Supplies al GracfS.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

FIELD GLASSES at J. l.. Graef'S
 If.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
AN EXPLANATION- A. \. ADS

The following statement of facts k printed in justice to all persons in- tereSted, and particularly to correct possible misunderstanding:
 The Gateway entered into an agree mcnt with the Alaska Association for
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
NOTICE

Notice is hereby given that the or dinance of the Town of Seward pro- viding for the prevention of dogs. horses, cattle, etc, from running at large within the corporate limits, will be enforced on and after May 18th, 1919.
 By Order of the Mayor,
 Robert Guest
 Chief of Police.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
NOTICE TO PU BLlC

All houSeholderS and all owners of vacant houses or lots arc hereby di- rccted to have them cleaned up" and all garbage removed before 6 r. M. May Eth.
 (Signed) J. M Sloan, NJ. D.
 HEALTH OFFICER. May 6tf
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12

If you have any piano work to do' phone me at the Overland Hotel. l will remain here until next Wednesday. l am piano expert and represent high grade manufacturing houses.
 GEORGE ANDERSON. If.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
SEWARD SNAPSHOTS|

There was quite an exodus from Sewmd yesterday of mining men and mer going to work on the Seward div iSion at various stations.
 D. C. Sergeant, explosive inspector for Alaska, passed through on the Alameda from Anchorage to his head. quarters at Cordova.
 Sister Stefaney is passenger o1 the Alameda for the states, going south for rest.
 Tom Finnegan k now purser on the steamer Estebeth operating between Juneau and Sitka.
 William Bryan and his sister, Anna Bryan, came in on yesterdays train from Mile Fl and arc registered at the Hotel Seward.
 George Sexton went out the line yesterday for a couple of days hunt ing.
 w. w. Flynn is registered at the Hotel Seward, having come in on yes terday's train from Mile 20.
 -:S-
 William Fairman and wife went out to Mile 20 on the train yesterday where they will be employed for the season.
 l.. c. Maitland, who has been stop SEWARD AUTO SUPPLY SERVICE
 ELLSWORTH
 T.. s. Tires. Sales & Service
 DEPOT Phone Night Phone Day AIadsn 64. Adams S7.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
SYLVIA'S

showed up in fairly good numbers dur ing the night.
The Seward gateway daily edition, and the Alaska weekly post., 1919-05-12
SYLVIA'S

CIGARS CANDY
 ICE CREAM STATIONERY PHOTOGRAPHS PICTURE FRAMING INDIAN BASKETS
The Brandon news. (Brandon, Miss.) 1892-1961, 1919-10-02
keep the farmers in good spirits.

keep the farmers in good spirits.
G. G. Yeager and family with
w. E. Dewitt and family made a
trip through in cars gathering
wild fruit, sight seeing and hav-
ing goood time generally, also
made a visit to Yazoo City and
Vaughn.
Mrs. R. D. Shaw and Master R.
D. of Vicksburg, in company with
Mrs. Sandifer, Mrs. Shaws mother
is the guest of Mrs. G. H. Sheriff.
this week. Mrs. Sheriff. enjoys
having her sister and family with
them.
Mr.. and Mrs. l. 0. Brown, Mrs.
G. H. McLaurin, Misses Exile Cav
thon and Mollie Brown made a
trip to Jackson Sunday, to see
their cousin, and brother w. C.
Brown, who has been in the Jack
son sanitorium with a broken
limb. His friends will be glad to
know he was able to be moved to
his brothers, N. E. Browns and
with no back set will be moved
home Thursday.
The Brandon news. (Brandon, Miss.) 1892-1961, 1919-10-02
.,GIaSS of Hot Water
Before Breakfast
a Splendid Habit
Open sIuIces Of the system each
morning and wash away the
poisonous, stagnant matter.

Thoseof us who are accustomed
to feel dull and heavy when we
arise; splitting headache, nasty
breath, acid stomach, lame back,
can, instead both look and feel as
fresh as a daisy always by wash
ing the poisons and toxins from
the body with phosphated hot wat
er each morning.
We should drink, before break
fast, a glass of real hot water with
a teaspoonful of limestone phos-
phaet in it to flush from the stom-
ach, liver, kidneys and ten yards
of bowels the previous days indi-
gestible waste, sour bile and pois-
onous toxins; thus cleansing
sweetening and purifying the en-
tire alimentary tract before put
ting more food into the stomach.
The action of limestone phos-
plate and hot water on an empty
stomach is wonderfully invigorat-
ing. 1t cleans out all the sour fer
mentations, gases, waste and acid
ity and gives one splendid appe-
tite for breakfast and it is said to
be but a little while until the roses
begin to appear in the cheeks. A
quarter pound of limestone phos-
plate will cost very little at the
drug store, but is sufficient to
make anyone who is bothered with
billiousness, constipation, stom-
ach trouble or rheumatism real
enthusiast on the subject of inter-
nal sanitation. Try it and you are
assured thta you will look better
and feel better in every way short
ly.
The Brandon news. (Brandon, Miss.) 1892-1961, 1919-10-02
English Rye Grass
and it looks like the pine timber
will all soon be gone.

and it looks like the pine timber
will all soon be gone.
1t looks like it is time for our
supervisors to commence to have
some of our roads widened out.
A large number Of them are so
narrow that it is impossible for
vehicles to pass each other. We
must have better roads and wider
roads. The narrow roads that we
have are fearfully dangerous to
travel.
Miss Florence Smith went last
Monday to assist in the school at
Leesburg with Miss Halle Har-
per as principal.
Herbert A. Harper is at the
University, where he will finish
his literary and law course this
session.
O. C. Billingslea is still confined
to his bed, but is some better. We
hope for his speedy recovery.
! Now, let everybody carry some
! thing to the Fair at Brandon anc
make it success.
The Brandon news. (Brandon, Miss.) 1892-1961, 1919-10-02
PELAHATCHIE.

Miss Coda Sigrest, Of Jackson,
is the attractive guest of her aunt
Miss Lucy Robinson.
Mr.. and Mrs. Allen Atkins, of
Forest, and Miss Dick Wilson, of
Jackson, spent Sunday in the
home Of their parents, Mr.. and
Mrs. r. L. Wilson.
Mrs. Hooper, Misses Hattie Cox,
Minnie McNair and Media Horn
motored to Jackson Saturday af-
ternoon to attend a shower given
in honor of Miss Annie Mae Cox.
They returned home Sunday even
ing.
Mesdames L. M. Stingily, J. A..
Spann, A. G. Purvis, E. N. Ross,
Jim Knight, J. P. Morris, A. F.
Summer, R. F. Brown, and Misses
Estelle Spann and Beatrice Sum-
mer spent Thursday of last week
in Jackson, where they went to
hear DR.. Truett,of Texas.
Miss Cornelia Watts, of New
ton, was the charming guest of
her cousin, Miss Lottie Gay, Fri
day and Saturday.
Many friends of Miss Myrtle
Mae Summer are panied to hear
of her illness, and hope for her
speedy recovery.
Mrs. Helen Varnado and beau
tiful little daughter, Martha Vir-
ginia, of Jackson, have been de-
lightful visitors in the home of
Mr.. and Mrs. C. S. Sanders.
The many friends of Mr.. and
Mrs. H. H. Spann extend their
hearty congratulations upon the
arrival Of a fine son, whom they
have given the name of Henry
Alancing.
Born, to Mr.. and Mrs. Tom Will
liams, Friday, a fine girl. Mrs.
Williams is with her mother, Mrs.
Robert F. Grimes.
Our little town seems to be on.
boom, and several new families
have moved in, among them DR..
Robert Potrick, of Antioch and
r. F. Grimes. We welcome them
to our midst.
Mr.. and Mrs, Clifton Burnham|