Richmond Palladium (Daily), Volume 35, Number 224, 20 June 1910 — Page 8

THE &ICHUOND PALLADIUM AND SUX-TELEGHA3I, 3IOXDAY, JUXE 20, 1910.

. fAGE EIGHT

A TBJIIIS-ATUIITIC LIIIE OF AIRSHIPS

Young

Russian, Head of Move

ment, Says Operations Will Begin in 1911.

BUILDING A UNIQUE CRAFT ITS CONSTRUCTION IS IN PROGRESS NEAR LONDON AND FUNDS ARE BEING FURNISHED BY LONDON PEOPLE.

A BUSINESS REVIEW OF THE PAST WEEK BY HENRY CLEWS

(American New Service) London, June 20. A trip from Eng

land to America by airship will be

possible next year, and according to

Baron Roenne, a Russian and tbe designer of tbe craft, which. Is being

built especially for trans-atlanttc trav

el, the craft will negotiate the distance

In seventy-two hours.

The new vessel Is at present being constructed about ten miles outside

of London, and a group of English fi

nanciers are back of the proposition. The craft will be a monster and will be capable of carrying 38 tons with its 'own weight It is to be one thousand feet in length, sixty-five feet In diameter, and will be driven by sixteen propellers. It is to be a rigid dirigible with an outer cover of alloy called chromium, the surface of which is to be so prepared as to resemble a mirror.

This is to be the pioneer of a fleet of such british airships. Influential men are considering the formation of a company to promote the building of an arlal navy and the establishment of a passenger and mail service. ' Baron Roenne has mapped out routes and charts, and he has drawn up rough time tables for the mail and passenger service. The Journey from London to Berlin and back will, for Instance, occupy thirty-six hours. "This calculation," he says "allows for strong and head winds of a velocity of fifty-five miles per hour. Of the eight motors with which each airship will be provided only, four, five or at the. utmost six, would be working at a time, thus enabling them to be kept In perfect order." This Is the beginning of Baron Roen-

ne's schemes. He has mapped out a

passenger service from London to New York.

Other services proposed are from London to Paris, Vienna, Rome and

8t. Petersburg. As an earnest of Baron Roenne's in

tentlons. It may be stated that a tract

of about one hundred acres of land

for the erection of aerial stations and docks has already been secured, and

that workmen will shortly be employ

ed day and night upon the construc

tion of tbe first aerial liner.

New York, June 18. The tendencies

in financial affairs appear to be in the direction of improvement All known

unfavorable features have been so liberally discounted and prices have suf

fered such a prolonged decline that moderate recovery seems at least a reasonable expectation. Apparently stocks have been well sold out, and the market has reached a level where the at

tention of 'careful investors Is more

easily aroused. For some time past

corrective Influences have been quietly

at work, the effect of which is now be

ing seen. Liquidation has not been

confined to stock, but has also extend

ed to grain, cotton, copper, land and

other speculative ventures. Bankers In all parts of the country have been retrenching and husbanding their resources. The feeling of extreme conservation which extended from the Atlantic to the Pacific has also resulted in a general application of "down brakes," the result being a general strengthening of financial conditions. Money is easy, and promises to remain so for some time to come. In fact.

with the rates of interest at their present point, and good stocks often selling on a per cent basis, it is plain that some sort of adjustment must follow. If money rates do not advance stocks probably will. One of the most favorable events of the week was the passage of the Railroad bill very much in the form which

President Taft first desired. A few years ago such a measure would have created consternation in Wall Street.

Today its passage has been thoroughly discounted, and as railroad officials and investors become accustomed to its provisions, its restrictions will appear less distasteful than at one time anticipated. The bill may contain mi

nor defects, but is certainly the best that could be passed, and will work no harm to the railroads; in fact it may

prove a benefit, for it will disarm pub

lic hostility and insure fair treatment for both railroads and shippers. The

railroads will soon adapt themselves to

its provisions, and it is quite safe to

say that no important new ranroaa

legislation will be attempted for some time to come. The question of rates will now fortunately be left open for

discussion. Advances will not be impossible, but the railroads will have to Justify such steps before making them;

thus protecting the public from exorbitant charges, and giving railroads

freedom to advance rates when Just! fled. Having accomplished this much Oon

gress will soon adjourn, much to the relief of the country at large.. Next

fall we may have to face a revival

of tariff and anti-trust agitation, but that contingency is so far distant as to have no effect upon the market at present Throughout the West a more

hopeful feeling prevails, owing to im-

have taken during the past month The financial skies are gradually clearing and much relief is felt that the recent drastic liquidation has been endured without any important disasters.

A feature of much importance is the

improving tendency in foreign trade.

The May returns amounted to $131,000,000, or nearly $8,000000 more than

the same month last year. The im

ports during the same month were about $120,000,000, or nearly $4,000,000 in excess of last year. This is. a larger gain in exports and a smaller gain in imports than seen for many months, and demonstrates that owing to declining markets and lower prices

our foreign trade is returning to more normal conditions. The excess of exports in May was $11,000,000, the largest balance for a long period, and compares with a balance of over $7,000, 000 a year ago. This welcome change in the tendency of our foreign trade

is exceedingly significant, since under former conditions we were constantly threatened with an abnormal drain of gold. With conditions as they are, the outlook is for liberal importations

of the precious metal during the au

tumn, especially if there should be any

financial stringency on this side, as at.

one time was anticipated, though now less probable.

On the unfavorable side of the mar

ket these factors should not be lost

sight of. Political unrest; tariff pros

pects; Mr. Roosevelt's return; back

ward condition of the crops; dull trade; excessive demands on capital, and less favorable net railroad returns. These factors, however, while not to be overlooked, do not need to be unduly considered, having been very largely, If not entirely, discounted so

far as the security markets are concerned by a six month's continuous

aeenne. Apparently we are in for a season of business inactivity, but conditions are not unsound, and there is every reason to anticipate a revival

later on. A few warm days would

quickly compensate for the backward condition of the crops, and it should

be rememDerea mat tne latter are

rarely much injured by an abundance

of moisture. There are a few instances

in which our markets are oversupplied, although the slackness of demand is causing a general downward move

ment in commodity prices. The latter

is eally a most welcome development.

inasmuchvas it means the re-establishment of trade on a lower and safer level; also a lowering in the cost of

living which has been the source ot so much public discontent After such drastic liquidation as has just been experienced, it is scarcely to be expected that there will be any very pronounced activity or any very prompt violent recovery. Nevertheless, curative influences have been quietly at work; the country is nearer to bed-rock than at any time during

the past six months; there is less reason for anxiety than formerly, and all bad conditions have been thoroughly discounted, so that the probabilities

favor recuperation rather than further

depression. This market may experience further setbacks, for it is still more sensitive to bad news than to good news; but in the absence of unfavorable developments, the probabilities are for a gradual and moderate recovery.

Just learned that Gold Medal Flour la !ftti trn d'mn tlkrOlIC tfif.f Milk, ECOMIA.

We will build your new machines or repair anything In the machine line that we can get in our door that dont bite of kick. Ward Machine Co., 200 NORTH 9TH ST.

Accident Insurance E. B. KNOLLENBERG Room 6, Knollenberg's Annex.

Sore Throat

Colds, Coughs, Croup and Catarrh Re

lieved in two Minutes. Is your throat sore? Breathe Hyomei. Have you catarrh? Breathe Hyomei. Have you a cough? Breathe Hyomei. Have you a cold? Breathe Hyomei.

Hyomei is the best remedy for all

nose, throat and lung troubles. It does not contain any cocaine or morphine and all that is necessary is to breathe

it through the little black pocket inhaler that comes with each outfit. A complete outfit costs only $1.00 at druggists everywhere and at L. H. Fihe's and Hyomei is guaranteed to cure catarrh, croup, coughs, colds, sore throat and bronchitis or money back. A Hyomei Inhaler lasts a lifetime and extra bottles of Hyomei can be ob

tained from druggists for only 50

cents. Sample of Hyomei and booklet free. Address Booth's Hyomei Co.,

Buffalo, N. Y.

NOTICE TO THE PUBLIC: Understanding that statements have been circulated to the effect that the undersigned company has heretofore, and is now purchasing for distribution to patrons within the city of Richmond, milk from herds either infected by, or subjected to attack from mad dogs, this means is taken to advise the public of the source of supply to this company, and to also correct and refute such statements. The undersigned list comprises all of the names of owners of herds from which milk is purchased by this company, and at no time has this company taken supply from any persons other than below for such dis-. tribution, viz.: CHARLES HANES. FRANK TAPE. HARRY SMITH. JOHN AUSTERMANN. HARMON WOLKE. CHARLES BENNER. E. JUSTIN REYNOLDS. JOHN SIMPSON. JAMES MARTIN. WILLIAM HARTMAN. LEVI MYERS. LEWIS H. BAUMER. COMMONS DAIRY COMPANY C. C. Commons, General Manager. Richmond, Indiana, June 20th, 1910.

Fare Works Buy your supply of Fire "Works for the 4th of July. A complete line in every way. Toys, hammocks, croquet sets, express wagons, Jndian Play Suits. The Geo. Brehm Co. 517 Main SI.

Gam catarrh trr mannv baric. Jtmb

proved financial conditions resulting J breathe it in. Octal ptarc outfit, including from precautions which the banks iahalarfl. Extra bottles 60a Drnggirta

Richmond, Indiana. June 20th, 1910. I, Charles E. Flook, City Dairy Inspector, of the City of Richmond, Indiana, hereby and herewith certify that regular inspections are made of the dairies above named, and that same are managed, handled and kept in full compliance with the Laws of the State of Indiana, and the Ordinances of the City of Richmond, Indiana, regulating and controlling in such establishments; and that no suspicion has as yet been that any one of the same was infected byy or subjected to attack from mad dogs; and that the product of the same dairies is sold and delivered to the Commons Dairy Company, Richmond, Indiana. CHARLES E. FLOOK.

Not only do we save you $5 on. every Suit you buy here, but we keep your clothes pressed tor a period ot two years free of charge.

710 Main

!

-GINGER UP"

Your Water Heater and get Hot Water quickly. Our heater and e methods relievt the pain." MEERHOFF, the Plumber Phone 1236. 9 South 9th St.

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The charm of chaste beauty asserts itself pleasingly in wedding silver. A gift of silver for wedding or presentation carries with it a sweet sentiment that grows with the passing years and keeps ever in mind the name of the donor. Full table sets, single pieces, chests of knives and forks. RATUFF The Jeweler, 12 N. 9th St.

0 u '

V W v

This book tells how any, honest man or woman may, obtain genuine Diamonds, Watches and Jewelry on eiht months credit without security. Furthermore, these Diamonds are guaranteed by certificate and may be exchanged for more costly ones, at any time, when the original cost is credited on such exchange. The book explains the ability of J. M. LYON & CO. to undersell the local jeweler and save the consumer all middlemen's profits. ; The book is free, send in this coupon.

J. M. LYON & CO. New York City

Nim.

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PALLADIUM WANT ADS PAY,

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Being an especial arrangement with Allen & Co. and the manufacturers

TEIE PALLADIUM'S. MAMEES

lay Obtain This Wonderful Labor-Saving, Time-Saving

KMCM KTOIEK FMPJi

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To others it will cost $2.00

Every Woman Knows That in the stifling heat of the kitchen in summer the smallest aid to the household work (hard enough any time), is worth its weight in gold or nerve force. The greatest help is sharp kitchen tools at hand. The ten pieces here described are well named . :i;V; lHt;,. The American Kitchen Friend

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All Handles Are Ebonized Blades Best Steel Carborundum Sharpener Do You Do Your Own Work?

BELOW IS A DESCRIPTION

A handsome anti-rust, Japanned Rack, over 20 inches long, and five inches wide, and strong hooks, ready to attach to your kitchen wall. (Top of rack stands out to hold lids.) 1. Perfect Kitchen Friend Rack. 2. Strong, Sharp Cleaver. 3. Long flesh-broiling Fork. ' 4. Steel "Right Shape" Paring Knife. 5. Butcher Knife. 6. Straining Spoon (for rice and pickle making) 7. -"Curly Saw" Cake Knife. , 8. Utility Kitchen Knife 9. "Non Stick" Cake Turner and Egg Lifter.

Start the Palladium At Once Be a Palladium Reader and Secure This Little Kitchen Wonder

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HERE'S WHERE YOU GET THIS KITCHEN

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I with to avail myself of the

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Name

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Tads coexpeei cmaUes :

925, 927 end 923 , TT Ksin Street -V I I

23 Street