Richmond Palladium (Daily), Volume 36, Number 208, 5 June 1911 — Page 7

THE RICHMOND PALLADIUM AXD SUN-TELEGRAM, MONDAY, JUNE 5, 1911

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Branch Offices Branch offices are located In every part of the city and county towns. Leave your want ad with the one nearest you. Rates are the same.

For Your Coovenience LIST OF AGENCIES Branch offices ar located In every part of the city. Lear your WANT ADS with the on nearest you. The ratea aro the tarn and you will save trip to the main office. mm SOUTH 0? MAIN Bruenlng A Kick horn, 13th and 8. E, A. W. Blickwedel. 8th and South F. Henry Rothert, 5th and South 1L NORTH OF MAIN Qulgley Drue Store, 821 North E. Chllda A Son. IStb and North C. Wm. Hleger, 14th and North 0. John J. Oetx, loth and North H. CENTRAL Qulgly Drug Store, 4th and Mala WEST RICHMOND John Foiler, Richmond Ave. and North West Flrat St. FAIRVIEW W, H. 8chnelder, 1093 Sheridan. RATES On cent per word 7 daya for the price of 6 daye. We chare advertisements ent In by phone and collect after its Insertion. WANTED JORDAN, M'MANUS & HUNT FUNERAL DIRECTORS 1014 Main. Phone 2175 MEN WANTED Ago 18 to 35, to prepare for firemen, about $100 monthly, and brakemen 980, on railroads In Richmond vicinity. No strike. Instruction $20, easy payments. Positions guaranteed competent men 8,400 sent to positions. Stat age; send stamp. Railway Correspondence School, Dept 358, 227 Monroe St., Brooklyn, N. Y. 4-11

News From Surrounding Towns

MILTON, IND. Milton, Ind., June 5. Harry Borders was at Richmond Saturday. The Eastern Star will meet Wednesday evening. Miss Ethel Bailey ofConnersvllle, Cecil and Benton Heath yesterday at dinner. Mrs. Samuel Turner has erysipelas. She Is very sick. Mrs. O. A. Borders has a fine croquet yard and has allowed children to play at any tlmo. But some one became naughty Friday afternoon and while she was attending a missionary meeting entered her strawberry patch, took her berries, spoiled some of her Tines, and did other mischief. Miss Mary Jones has tonsllitls. Mrs. Templin received word that her brother's wife. Mrs. Will nines, at Holton is very sick. Mrs. CurtlM Little visited friends at Cambridge City Friday afternoon. Dr. L. M. Gentle of Richmond, visited relatives here Saturday. Sherman Werklng caught a carp weighing nearly twelve pounds Friday afternoon while fishing south of town. Emerson Cause was home from New Castle Saturday. He spent yesterday In Marlon with a friend. Mis Lillian Doth man, who Is the guest of her aunt, Mrs. R. W. Warren will give a music recital in the Christian church this evening. J. L. Manlove has finished a fine orch and self-oVenlng "Uncle Joe" gate for Charles Beeson. It will be placed on Mr. Beeson's farm, known as the old Theo Beeson place near Bentonvllle. The W. C. T. U. will meet with Mrs. Mary Ferris tomorrow afternoon. Mrs. Oliver Smullen was at Dublin Saturday to visit her sick sister, Mrs. Jerome Vernon. Mrs. H. H. Heist attended the funeral of the Late Mrs. Hester McDanlel at Cambridge City Friday afternoon. Mrs. Frank Sutton of near Dublin was a recent caller of Mrs. G. W. Callaway. Mrs. E. P. Jones was hostess for an open meeting of the C. W. B. M. Friday afternoon. , An excellent program was observed, and a large company of ladies was in attendance. Dainty refreshments were served. A nice offering was made. Miss Edna Wallace was homo from Sarlham to spend over yesterday with her parents, Mr. and Mrs. Will Wallace. Doddridge Chapel Sunday school will observe Children's Day with a Die program Sunday. Mrs. James Kellam who has been suffering from neuralgia la improving. Milton was visited by the muchneeded rain Saturday. The rains were heavy and accompanied by much lightning. Th Connersvtlle district convention of th Epworth league meets at Mllroy tomorrow and Wednesday. Mist Sarah Mehan has gone to Greenville, Ohio, to visit a sick relative. k Dr. Sweeney has been suffering

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WANTED To buy milk wagon; must be cheap. Ill S. 6th street. 4-2t WANTED To buy breeching harness. Address II, care Palladium. S 4 4t WANTED Butter customers. Address H, care Palladium. 4-4t WA NT EDGIrl to assist with housed work. Colored preferred. 131 S. 15th street. 3-sat-mon WANTED Woman for housework In (suburban home, two In family. Good wages. Reference required. Call 1010 Main street. 5-tf WANTED The public to know that we own the only Pawnbroker store in the city, and we loan more money on an article than anyone else in this rity. Success Loan Co., 12 S. 6th street. 5-7t WANTED 12 or 15 farmers to go South and farm land on shares. See E. T. Firth. 423 S. 12th street, City. 5-lt WANTEDA" 7x7lenrTnda3 Hx4 4 camera. Call phone 2485 or 2655. T WANTED To trade a Rood gentle, safe driving or work horse for a two or three year old colt. J. 1J. Gilbert, 102 North 15th street, or phone 2234. 5-2t WANTED Clerical position of any kind by lady of several years' experience, with good reference. Address "C," care Palladium. 5-ot WANTED tliri to answer phone and assist with office work. Call 3265. 5-2t WANTED Manager and solicitor for Health and Accident insurance. Splendid opportunity, liberal compensation for capable, honest hustler. Experience not necessary. Write our traveling representative, J. Vanstone, general delivery, Richmond, Ind., stating experience coverlng past five years, age, address and references. 3-7t WANTED Room and board in private family. Address "C. B." care Palladium, w. . 2-7t WANTED Position on farm by married man. 8 years experience. Work by month. Employed now. Address "J. C." care Palladium. l-5t WANTED Vaults to clean. Phone 3186. 810 N. 16th street. 31-7t from a very deep cold. ' The Bible class No. 7 of the M. E. Sunday school met with Mrs. J. A. Brown Friday evening. There was an attendance of twenty and a very instructive hour was spent by all. The class regularly organized as the Esther Circle, with the following officers: Mrs. W. H. Brown, president; Miss Maude Ball, vice president; Mrs. Charles Davis, secretary-treasurer. There were a number received into the class as associate members. They are the Rev. and Mrs. C. H. Pinnick, Miss Miriam Parkins, W. L. Parkins, Miss Jessie Lantz, Miss Cora Brown. The circle will meet with Miss Maude Ball Friday evening. Mr. and Mrs. Stanley Murphy and daughter of Indianapolis are here to visit Mrs. Murphy's parents, Mr. and Mrs. J. L. Manlove. Mr. and Mrs. Park Lantz from Elkhart, are here to spend a part of Mr. Lantz's vacation from school, with his and her parents, Mesrs. and Mesdames L. F. Lantz and James Doddridge. The Standard Bearers of Doddridge Chapel met with Miss Dora Doddridge Friday evening. Miss Ida Bertsch and brother, Homer, have both been on the sick list. Invitations are out for the wedding of Miss Lois McClung to Mr. Harry Doty. The wedding will take place at 3 p. m. June 14. GREENSFORK, IND. Greensfork, Ind., June 5. Mrs. Blaine Smith of Indianapolis has been vifitlng her parents, Mr. and Mrs. Charles Retz. Mrs. Alva Cook is the guest of relatives at Hagerstown. Miss Nellie Davis entertained a number of the high school pupils and Profs. Studebaker and Kratli to dinner Thursday. Mrs. Raymond Swallow of Economy has been visiting relatives here for a few days. Mrs. Mary Brown has returned home after spending a few days in Indianapolis. Mrs. Byron Pierson of Economy has been spending several days with Mrs. Melissa Bond. Miss Mary Ragen, supervisor at Easthaven has been the guest of her sister, Mies Margaret Ragen. Mrs. Dixon of Richmond, was the guest of Mr. and Mrs. Ora Cloud recently. Mrs. Robert McNeil and daughters, Li Hie and Esther, of Richmond visited Mrs. Ellen Bond Friday. Miss Eunice Mills of Modoc is visiting Mr. and Mrs. Dan Moore. Miss Veda Roller of Muncie Is spending the week with relatives here. Mr. Harris and family have moved from the Doyle property to the Retz farm west of town. Mr. and Mrs. C. Sackman have been entertaining their son and family of Richmond. Mrs. Verl Sheffer has returned to Richmond after a visit with relatives here.

PALLADIUM

Want' Ad. Col mi minis

WANT AD LETT The following are replies to Palladium Want Ads. recolved at this office. Advertisers will confer a great favor by calling for mall In answer to their ads. Mail at this office up to 12 noon today as follows: M. M. .. B. M. . . . C. R. .. F. A. N. . . . li. A. . . . M. L. .. J. II. B. 2 Y. Z. .. 1 Auto . . . 1 c. n. r. 2 E. W.- . 1J. F. .. . 1 Grocer . 1 11. C. .. 1 II .. 1 Mail will be kept for 30 days only. All mail not called for within that time will be cast out. WANTED Young man with experience in grocery. Must come well recommended. State age. Address "Grocery," care Palladium. 27-tf WANTED To repair baby cabs, sharpen and clean lawn mowers, work called for and delivered. Picture framing. Brown A Darnell, 1022 Main St. Phone 1930. WANTED If you want money in place of your city property, go right to Porterfleld's Real Estate office. Kelly Block. 8th and Main. lS-tf MEN AND WOMEN It you want to work, sell guaranteed hosiery to wear. Big commission. Make $10 daily. Experience unnecessary. Address International Mills, 3038 Chestnut. Phila. 11-tt WOMEN Sell guaranteed nose, 70 per cent, profit. Make $10 dally. Full or part tlni. Beginners investigate. Strong Knit. Box 40M. West Philadelphia, Pa. 11-tf SEE MOORE & OGBORN for all kinds of Insurance, Bonds and Loans, Real Estate and Rentals. Room 16. 1. O. O. F. Bldg. feb20 tf WANTED A good experienced auto assembler. Must have experience. Dvis Carriage Co. 15-t.f WANTED Four or five Barred Plymouth Rock hens must be pure strain and good layers. Address "F.," 7-tf Miss Maria Underhill is spending a few days in Richmond. Mr. Davis of Upland, Ind., is visiting Harry King and family. Frank Boyd left Friday for New York in charge of a load of poultry. Miss Gladys Miller of Eaton, Is the guest of Mr. and Mrs. Tarkleson. Mrs. Harry Cory has been on the sick list for a few days. HAGERSTOWN, IND. Hagerstown, Ind., June 5. Ralph Worl has purchased a new runabout auto, which arrived Friday. Mrs. Thomas Best and sons Eugene and Paul, left Winchester, Saturday for Los Angeles, California to visit her parents. Mr. and Mrs. William Matthews, former residents of this place. Miss Leona Sells spent a few days with her uncle Wesley Sells and family at New Castle. Jacob Walters has received his new runabout auto of the Overland make. Mrs. Elwood Pleas, of Spiceland entertained the History club ofHagerstown and guests numbering nineteen, at a picnic at her home. The ladies each received a large boquet of peonies, of which Mrs. Pleas has 150 varieties, and souvenir shells which she had gathered along the coast of Florida, where she spent the winter. All report a very delightful time. The annual banquet day of the club will be held June 26th with Mrs. Ella Whitsell. Mr. and Mrs. Daniel Ruby and Mr. and Mrs. Balllnger and Mrs. Ora Rudy of Indianapolis, spent a day here last week. Mrs. John M. Lontz, of Richmond, was the guest of Mrs. M. F. Fox over Sunday. Henry Replogle's barn on his farm west of town was struck by lightning Saturday morning and burned to the ground. The barn had a large amount of grain and feed in it. It was insured. Several years ago their house was burned by a defective flue. DUBLIN, IND. Dublin, Ind., June 5. John Cohee and family have returned after a visit with friends in Shelbyville. Moses Hollingsworth, after a visit with his cousin. Mrs. Frank Huffman, has gone to Richmond to visit relatives before returning to his home in Springboro. Ohio. Mr. and Mrs. Wiley Cook, accompanied by Mr.' and Mrs. William Cook, of Strauglins, visited friends in Connersville. the past week. John Griffe, of Bloomlngton, a former resident of Dublin, spent a part of the past week in this place renewing old acquaintances. Miss Viva Enyeart, of Lewisville, has been the guest of Miss Marie Hall. Mrs. Charles Uiatt spent last Thursday afternoon In Richmond. The Woman's Home Missionary society met last Thursday afternoon at the home of Mrs. S. F. Crull. The discussion of the subject. "Spanish Work on the Mainland, was led by Mrs. J. C. New. The election of officers resulted as follows: President. Mrs. Lee Ault; first vice president, Mrs. Emily Hall; corresponding secretary.

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KNOWN VALUES fVBIUSHERS CLASSIFIED

ma association papehs WE AB KEMBEBS Fprt in all prt cf the States mni Conad. Yonr wants supplied anrwher any tint by tha best medium, in the country. Get onr memberstilp liata Check papac want. W do th ret. ToWlihtr ClaaaiiUd Adverting AmpcI. t:-. . Buffalo, X. T.

DODDO (22721) better known as the Clevenger horse and W'lla Boy (61S35) both Percherons, will make the season of lill at "Cherry Lane Farm." A. II. Fyle. Prep., 2i miles northeast of Richmond, Ind., on Middleboro Pike, R. R. 4. Phone 5147-C. 13-2mo. WANTED Piano pupils by a former Student of the music department at Eariham College. Terms reasonable. Phone 1874 or call at 1417 North C street. 5-tf WANTED Pin boys; must be sixteen. City Bowling Alley. 23-tf WANTED Charles DTShldeler. Real Estate, Fire Insurance, Loans, Rentans. Notary Public 913 Main St. Phone 1814. 15-tl MEN Wanted at once. Positions pay well when qualified. Will teach anyone the barber trade and give complete outfit of tools. Wages while learning. Positions waiting. Write today for free catalogue. Moler Barber College, Cincinnati, O. 3-6t FOR SALE FOR SALE Baby cab in good condition; cheap. 219 N. 16th St. 4-2t FOR SALE At bargain, new sewing machine. J. M. Lacey's Loan office. l-7t FOR SALE Good harness, side saddle and bridle. Phone 3706. 2-7t FOR SALE Cash register. Total adder; cheap if sold soon; 14 S. 9th St. l-7t FOR SALE Red, white and yellow sweet potato plants. Leeds, Phones 3003. 3159. 30-7t FOR SALE Hot air furnace, good as new; owner needs larger size; call 326 Pearl street. tf FOR SALE Barred Rock baby chicks, 25 for $2.00, unt'l Wednesday night. 325 S. W. 1st street. 9-tf FOR SALE Two seated steel tired surrey in good condition. Call at 153 Richmond ave., or Phone 3276. 19-tf FOR SALE Young registered Jersey bull. Also a nice Jersey heifer; will be fresh soon. Call Boston '23 A. 5-7t Mrs. Fred Herbst, recording secretary, Miss Georgia Hicks; treasurer, Anna C. Wilson; Mite boxes, Mrs. S. F. Crull. Mrs. C. M. Hobbs was elected delegate to the district convention in Winchester, June 6 and 7. Mrs. S. B. Huddleston, alternate. Walter Cook, of Centerville, was in Dublin last Wednesday. Mrs. Mary Butler visited friends in Richmond the past week. Prof. P. V. Voris spent Sunday in Indianapolis, with his daughters, the Misses Katherine and Mabelle. Mrs. George McConkey and daughter, Lillian, have gone to Joliet, 111., to visit relatives. The Martha Washington club met last Wednesday afternoon with Mis Harriet Ault. The topics for discussion, "What Chemistry Is Doing for the Working People," by Mrs. Monroe Bales, and "Education, Old and New, in China," prepared by Mrs. Alclndia Bradway, and read by a member of the club, brought out many practical ideas on both subjects. Mrs. Cooke also gave a reading. Refreshments were served. The next meeting will be with Mrs. Harry Bradway. Letters received from Mrs. Huddleston, who recently w-gnt t it relatives in the southefnjpa the state, say that she is enjoyln visit. Mrs. Huddleston is eiafhtyen years of age, and made the tlip unaccompanied. EATON, OHI imur Mr. andMrV , were guesrs Eaton, O., June 5. J. Beebe of Richmond friends here Sunday. Mr. and Mrs. B. A. Landis and Mr. and Mrs. F. E. Eikenberry of Camden were Eaton visitors Sunday. Miss Gladys Miller is home from a visit of several days in Oxford. Mr. and Mrs. R. J. Plummer and daughter June spent Sunday in Covington, O., with Mr. and Mrs. J. E. Etter. Mr. and Mrs. W. S. Tyrrell and Mr. and Mrs. W. F. Zehring were In Germantown visiting the Ohlinger family. Mr. and Mrs. L. L. Brown and children are in West Sonora visiting her mother, Mrs. Caroline Burk. Mrs. J. H. Jones is in Cincinnati visiting her daughter, Mrs. Walter Moorehead. Mrs. Hettie Blakesley of Cincinnati is here visiting Mr. and Mrs. T. B. Sturr. Mrs. Howard Hoover of Richmond, Ind., and Mrs. Ben Markley of Denver, Col., are here visiting their mother, Mrs. T. J. Wilkinson. Miss Ollie Stevens Malone of Camden, spent Sunday here with Miss Mary Appleby. Mr. and Mrs. Louis Morrel of Richmond, spent Sunday here with her parents, Mr. and Mrs. Thomas B. Sturr. Nearly 200 members of Eaton lodge of Odd Fellows, and visitors from many adjacent towns. Sunday participated In the annual memorial services of the local organization. Headed by the Eaton band the members of the fraternity marched to Mound Hill cemetery, where the memorial oration was delivered by the Rev. Clarence Grauser of Lewisburg. Mayor D. J. Miller conducted the introductory and D. J. Neal had charge of the

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ADTOKTISi

FOR SALE REAL ESTATE FOR SALE Richmond property a specialty. Porterfield, Kelly Bik., 8th and Main. tf FOR SALE Six room souse witn bath, furnace and electric light, $2,300.00. Phone 1522. 17-tf FORsXLENew 5 room cottage. Baxgain for quick sale. Phone 245S. 1 lit FOR SALE Modern ten-room-brick residence. 300 S. 13th street Phone 1288. or 2147. 2-tf FOR SALE at once, $3,500 new house for $2,995. Address "Brick," Palladium. 30-tf FOR SALE A double house, modern, Best location in city, both sides rented. Nets present owner 10 per cent. Call phone 3806 or address H. D. B., care Palladium. 28-tf SEE MORGAN for Real Estate In all Its phases and local Information office. 8th and North E Sts. 16-tt FOR SALE Small, well improve i. suburban premises: well fruited, good house and barn; other buildings; an ideal little home for the retired farroer.or city man seeking a suburban home. Price $4,000. Apply to the J. E. M. Agency, over 6 North Seventh street. sept lt-f FOR SALE Well located rental property, pays 14 per cent on investment; a bargain. Address Rental, care Palladium. 30-tf FOR SALE New house, seven rooms, bath and furnace, east end. Price $2,800. $500 cash, balance by the month. Phone 4158. Frank M. Price. 4 3t FOR SALE 3 lots, man's Book Store. Call at Moor-4-2t FOR RENT FOR RENT Front room, with alcove, private entrance, electric light, bath. 129 S. 12th. 30-7t ritualistic service. Music was furnished by a male quartet from Dayton. Probably 500 people were present in the cemetery to witness the exercises. There are 117 members of the fraternity buried in Mound Hill cemetery. Probably 40 members of the local order of Knights of Pythias went to West Alexandria to participate with Royal lodge Knights of Pythias in the observance of the annual memorial t departed brethren. Clem V. Hoke of Van Wert, grand chancellor of Ohio Pythians, delivered the memorial address. The members of the order marched in a, body to the cemetery south of the city, then returned to the lawn of the public school where the services were conducted. Music was furnished by a male quartet from Royal lodge. W. A. Miller of Chicago, has been spending a few days here with his wife, who is visiting her parents, Mr. and Mrs. J. H. Conger. Miss Mary Fisher spent Sunday with Miss Ruth Singer at Middletown. Mr. and Mrs. John A. Smith and little son of Dayton, spent Sunday with her parents, Mr. and Mrs. Sherman Lewellen. Mrs. Howard Hoover and little son, of Richmond, Ind., spent Sunday with hejfTother, Mrs. T. J. Wilkinson. The funeral of Mrs. Daniel Avery, who died early Friday morning at her home east of Eaon, was held Sunday afternoon at the United Brethren church, conducted by the pastor, the Rev. M. I. Comfort. She is survived by the husband and nine children. Miss Eva Lewellyn delightfully entertained a company of friends Saturday evening at her home on North Cherry street. The following is a list of the guests: Misses Mary Bender, Ada Fassnacht, Leona Vickery, Mary Fisher, Ethel Davis, Ethel Voge, Messrs. Robert Fisher, Albert Harris, Ray Early, Vera Hoops, Walter Benner, Russell McNeal and Joe and Charles Glick. . Mrs. John Gans and Mrs. Sherman Lewellen and daughter. Miss Eva, were in Dayton Monday to attend the funeral of Mrs. Henry Haggi, who died Friday. Before her marriage the deceased was Miss Viola Morgan, who is well well known in Eaton, having frequently visited here. Mrs. Haggi had spent more than a year in California in an endeavor to regain her health, but a few weeks ago was forced to return to the home of her mother in Eaton. Mrs. William Wyatt and little daughter returned to Elkhart, Ind., on Monday after an extended visit with her parents, Mr. and Mrs. George W. Rehfuss. An examination for applicants for teachers licenses was held in Eaton Saturday by the Preble County Board of School Examiners, composed of Profs. C. H. Moses, M. M. Leater and W. S. Fogarty. NATIONALS MEET GIANTS ON SUNDAY The National baseball team will play against the colored Giants at Beallview park this afternoon. The batteries are National: Losgstreth and Bricker, Giants: Saine and Griffin.

RATES

I cent per word. 7 days for the price of 5 days. We charge advertisements sent in by phone and collected for after its insertion.

FOR RENT Flats furnished for housekeeping. 240 Ft. Wayne avenue. - 31-tf. FOR" RENT b urnuueu Tuul Main . . u l-7t FOR RENT Nicely furnished room. Modern conveniences. Sth street. . 202 North 25-tt FOR RENT Furnished rooms. 1233 Main St. 4-6t FOR RENT Modern 3-room flat furnished for light housekeeping. 105 N. 4th Btreet. 6-tt FOR RENT Modern room, suitable for two gents. Call at 14 N. 9th St 15-tt LOST Diamond bar pin. Liberal reward Return to Palladium office. 21 tf FOUND FOUND Gold cuff button near Elkhorn Springs. Call at Foster's Drug, Store, West Side. FOUND A child's bicycle; call at police headquarters. 4-2t BUSINESS CLASSIFIED INSURANCE. FIRE INSURANCE and insurance of all kinds. Loans, Rentals, Notary Public and Real Estate. Chas. D. Shideler, 913 Main. Phone 1814. 15-tt PIANO TUNING. PIANO TUNING D. E. Roberts, piano tuner and repairer. Fourteen years' experience. Eight years in factory. Phone 3684. 1818 Main. 2-tt STORAGE. Dont' forget Atkinson and his ireproof building when you want to store furniture. Phone 1945. 4th and Main street. junelS-tt REAL ESTATE. REAL ESTATE EXCHANGED A. M. Roberts, 221 S. B St. Phone 1320. 5-tf GAP CURE. Sure cure for gaps in chickens. Call on Geo. Lane. Phone 1851. 3-7t SHOE REPAIRING. WANTED Quick repairing neatly done by A. J. Ford, Cunningham's Shoe store. 3-7t A BUSINESS REVIEW OF THE PAST WEEK By HENRY CLEWS The Supreme Court ruling In the American Tobacco case did not fully meet the expectations that had quite generally been entertained for it. It reflected very closely, it is true, the attitude of the Court as expressed in the Standard Oil decision. But while, like Standard Oil, the company must dissolve, the Court specially provides for the continuance of the business on proper and legal lines and instructs the lower court to pass upon the final form that the reconstruction may assume. The decision, therefore, in reality merits consideration as a favorable factor in the financial market and furnishes a valuable precedent for the solution of the industrial combination situation as a whole. The important point in connection with both of the recent trust decisions is that the entide industrial uncertainty has been well cleared up as a general stock market influence. The attitude of the Court is at last fully and definitely known and the subject cannot again come up except in the minor way of affecting individual concerns. j It would not be fair to ascribe the sharp decline that took place early in the week in the Stock Exchange price elevel primarily to the Supreme Court's action more effective than this was the further development of the steel trade war and the reduction in prices in which the Steel Corporation, entirely against its own will, was finally forced to participate. In addition, there has been the rather sensational testimony before the Stanley Investigating Committee of the house that is inquiring into the affairs and organization of the Steel Corporation. The testimony in connection with the Corporation's acquisition of the Tennessee Coal & Iron company suggests a thorough and perhaps antagonistic inquiry into that feature of the Corporation's organization. This is a feature that may prove susceptible of acute misconception and misinterpretation and is of a character that will naturally appeal to, as well as inflame, popular imagination. But the cut in steel prices is not in itself, necessarily an adverse factor. It is one of the natural prerogatives of trade, and is at once the safety valve for overproduction and evcessive curtailment When supplies of manufactured products are found to be accumulating, or when, as has been the case in the iron and steel industry for some little time, there has been a gradually increasing necessity for laying off labor, buyers of steel products become exceedingly wary. They argue that lower prices are in sight and they themselves, therefore, curtail their purchases to the very smallest volume that their day-to-day requirements will permit Thus the mills are without forward orders and are in-their turn compelled to operate very largely on a day-to-day basis. Under these circumstances the necessity generally develops of clearing up at one bound this uncertainty of buyers and at the same time meeting the reductions in prices made by the smaller class of manufacturers who, not having as a rule sufficient capital to carry them over

periods of business depression, ax compelled to offer inducement Toy marking down their quotations to obtain whatever little business la available. This bring the larger corporations into the positions of holding the bag for their smaller competitors, and when in time tas was recently developed l the smaller people are found to be getting too large a proportion of the limited business that is offered, the larger people are finally forced to meet the lower range of prices. The effect will, in the long run, prove beneficial to business, since the fear of further price reduction is now quite generally removed and railroads, builders and others requiring construction material will feel that they can enter their contracts without fear of their competitors later on securing more advantageous terms. The steel price reduction therefore may, I believe, be considered in the light of a reassuring influence in any long-range view of the stock market situation. The prospects for the harvests continue the main feature to watch during the next few weeks. These prospects constitute the fundamental influence on which experienced operators base their market calculations. Complaint of dry weather in some winter w heat sections has been heard this week; but this has not assumed iniIHM'tant proportions, and it is always desirable to bear iu mind that crop damage that Is local can at times become quite serious without In any way affecting the country's production a a whole. It Is well to recall, for In

stance, that the winter wheat area this year is, In round numbers, 4S9 million acres. Local damage could, therefore, be severe and even quite extensive without in any appreciable degree affecting the general result from such a tremendous expanse of territory. In Texas, Oklahoma and In some parts of Kansas winter wheat harvesting Js already in progress, and every day from now on will mean just so much additional area out of danger from either drouth of insect life. Spring wheat, according to authoritative accounts, Is from one to two weeks in advance of normal, and is also doing very nicely. The Government will Issue on next Thursday its monthly report on grain conditions, and it can hardly fail to prove a satisfactory document. The cotton acreage this year reflects the stimulus of highpriced cotton. The area is about 6 per cent in excess of last year. t Another influence that merits active appreciation is the continued abundance of money available for investment. The recent offerings by underwriters of new securities have been taken with..spectacular activity by Investors; and with additional offerings to be made in the near future the ef' forts of large financial interests will most naturally be enlisted on the favorable side of the market in order to faciliate the success of these approaching distributions. During the month of May the issues of new securities reached $155,700,000, or. within $37,000,000 of the large movement of a year ago. The activity and success in introducing American securities on the Paris market -are also a feature of strength, since each listing abroad represents virtually just so many securities taken out of our own market. It is well to recall that it is not our securities themselves that are listed in Paris, but certificates representing them, and fir which they constitute a specifically deposited collateral. Distinct recovery In the tone of the market was evident during the closing days of the week, with every Indication that the large interests have the situation well in hand. The Immediate outlook suggests a continued favorable market for alert traders, with frequent opportunities to be taken advantage of for good sized profits, now that the Supreme Court decisions are out of the way. The outlook is for higher prices and increased activity in the security markets of the world, the New York Stock Exchange leading. The crop situation will hereafter be the ruling factor In the up and downs of prices for some time ahead. If the crops turn out as now indicated I see nothing ahead that will prevent a return of business activity and good times. CITY ADVERTISEMENT. Department of Public Works. Office of the Board. Richmond, Ind., May 29th, 1911. To Whom It May Concern: " Notice is hereby given by the Board of Public Works of thp City of Richmond, Indiana, that on the 29th day of May, 1911, they approved an assessment roll showing the prima facie assessments for the following described public Improvement, as authorized be the Improvement Resolution named: Improvement Resolution No. 228-1910 Providing for the improvement of South 2nd street by constructing ce ment sidewalk on the west side thereof, and cement curb and gutter on both sides thereof, from Main street to South "A" street Improvement Resolution No. 232-1910, Providing for the Improvement of South 10th street, by constructing cement sidewalks on both sides of street, from Main 6treet to South "A" street, except where cement walk of good quality already exists and at grade. '- VPersons interested in or affected by said described public improvement are hereby notified that the Board of Public Works of said city has fixed Thursday, June 15th, 1911, 9 o'clock a. m., as a date upon which remonstrances will be received, or heard, against the amount assessed against each piece of property described in said roll and will determine the question as to whether such lots or tracts of land have been or will be benefited in the amounts named on said roll, or in a greater or less sum than that named on said roll. Said assessment roll showing prima facie assessments, with the names of owners and description of property subject to be assessed, is on file and may be seen at the office of the Board of Public Works of said city. ; H. M. Hammond : Fred R. Charles W. W, Zimmerman.. . . Board of Public Work 29-7t.