Richmond Palladium (Daily), Volume 40, Number 46, 4 January 1915 — Page 2
(je Twa
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, MONDAY, JAN. 4, 1915. i
Commercial and Financial News Leased Wire Report Edited by A. D Cobb, Agricultural Expert
TEADY TONE MARKS OPENING OF LONDON EXCHANGE MARKET
British Financial Circles Re
gard Resumption of Trading as Indicating Strength of Empire. BY HERBERT TEMPLE,
taff Correspond ant Th International
Newe Srvlce. LONDON, Jan. 4. After a auspen-
lon of five months, caused by tne rar, the London Stock Exchange re-
pened today for business on a re
fcrlcted Bcale. There was a Ian? abundance and the opening tone was airly steady, considering the prevail
ing conditions.
In British financial circles tne repenlng of the exchange at a time rhm Great Britain Is in the midst of ,ar, was regarded as an Indloatlon ot
he Btrone financial position ot tne
mDire.
The a-ovornors or the excnange ts-
ued a net of rules which will gov.
rn trading. A minimum price list
y&a establisnea upon wmcu me quu-
tttlona are equivalent to the minimum
rices adopted by the governors or tne few York Stock Exchange when It was
e-opened recently.
NEW YORK EXCHANGE. By Leaaed Wire. NEW YORK. Jan. 4. Trading in seuritles ou the stock exchange during
ho first fifteen minutes today was
uiot. It showed little Improvement
a conditions that prevailed last week.
rice movements were unimportant. l few specialties, however, were forcd Into prominence because of excep-
lonal activity, with continued accumu-
atlon of Bethlehem 6teel miking thoae ssues the most conspicuous features.
The hesitation shown in the first
malf-hour was of short duration, and
arge buying orders in several of the
eadlng issues resulted In large ad-
ances all around.
WHEAT OPENS HIGH
AND CLOSES HIGHER BY LEASED WIRE. CHICAGO, Jan. 4. May wheat opened at 11.32, the highest price since the Joe Leiter corner years ago, and closed today at $1.34, a clear gain of 8o over Saturday's close. July closing at $1.22, gained 2c. The Mar did not touch $1.34 until Just before the clone, having fluctuated between $1.32 and $1.33 during the greater part of the day. Reports that today's export sales would exceed two million bushels were the final boosting faotor In a day during which offerings at advancing prices were readily taken. Corn was IVio higher for the May and July options. May oafs gained o and July la Provisions closed about Bo lower.
CHICAGO PROVISIONS AND GRAIN PRICES WHEAT May 182 134 July 120 122U Open. Close CORN May ; 74 73 Juyl 75 76 OATS May 64T4 55 July 52 63 MEBS PORK.
January $18.67 $1060
i May $19.17 I LARD.
'January $10.60 $10.60
May .... $10.75 $iu.a
RIBS.
January $10.15 10.15 May $10.45 $10.52
NEW YORK EXCHANGE
STOCK QUOTATIONS
Purnlshed by Carrell & Thompson,
I. O. O. F. Building Phone 1446.
CHICAGO CASH
CHICAGO. Jan. 4. Wheat: No. 2
red $1.291.31, No. 3 red $1.28 1.30. No. 2 hard winter $1.29 1.32, No. 3 hard winter $1.28
1.31. No. 3 northern spring $1.29.
Corn: No. 2 mixed 69. No. 2 white 704, No. 2 yellow 6970, No. 3
mlved 68 68, jno. a wnrce oy. No. 3 vellow 68 69. No. 4 white
6&M 68. No. 4 yellow 688.
Oats: No. 2 white 5152, No. 4
standard 5152.
Vmerican Can 25 Amalgamated Copper .... 52 merlcan Beet Sugar ... 34 merican Smelter 57
Central Leather 37
U. S. Steel 49
4. R. T 84
Ttah Copper 49
Atchison 93
Ft. Paul 86
Jreat Northern pfd ....113 Orie 21
K. Y. Central 84 K'orthern Pacific 100
'ennsvivania 104
t leading 143 Southern Pacific 81
Tnion Pacific 116
26 i 53 1 34 57 i 37 i 50 I 85 ' 50 1 94 8 ; 114 22 86 1 100 ; 106 j 143 82 ! 117 ;
TOLEDO GRAIN
TOLEDO, Jan. 4. Wheat: Cash,
$1.33. May kA.37.
Corn: Cfesh 72, May 77, July
78. Oats: Cash 63, May 57. Rye: No. 2, $1.12. Cloverseed: Prime cash $9.60,
ruary $9.65, March $9.70. Alslke: Prime $9.35, March $9.60
Timothy: Prime cash $3.60, March
$3.37.
Feb-
CINCINNATI LIVE
CINCINNATI, ()., Jan. 4
leeipu S,2oi. lower. Packers and Ibutchers, $7.tM' 7.3o; common to
phoice i't.ZWu t;.l(t: pigs and lights,1
$3. Oorn T. :'i. Stags $4.25. ti 6.60. 1 Cattle receipts 1. !), steady; steers J SS.OOif S.On; hetfers $4.60J 7.50; cowg $2.35fiK.iMi: alv- s steady $5.00' i
$10.00.
Sheep !; i-.:.s steady; lambs strong, z:,'ti s j
CHICAGO PRODUCE
CHICAGO, Jan. 4. Butter: Receipts 7,181 tubs; creamery extras 34, extra firstB 3233. firsts 2730, packing stock 2121. Erks: Receipts 4,249 cases: current
receipts 25 34, ordinary firsts 81 33,
S (H K firsts 35. extras 3041. dimes 1617
llogs, re-
EXPOSURE CAUSES DOCTORS TO RUSH KAISER TO BERLIN
BY LEASED WIRE. AMSTERDAM, Jan. 4. A Maes-
trlcbt dispatch reports that Emperor
William has suffered a relapse as a result of exposure in a visit to a point on the flanders battle front and that he 1b being rushed back to Berlin on the Imperial train. It states that all military trains were side tracked to give the Emperor'B train the right of way and traffic between Liege and Alx La Cbappelle was held up for ten hours.
HEARING ON RATE SET FOR FEB. 15
BY LEA8ED WIRE. WASHINGTON, Jan. 4. Hearings for the advance rate will beblng Monday, February 15, before Commissioner Daniels In the federal building In Chicago, the interstate commerce commission announced today. The hearing will be divided In sections. From February 15 until February 18, the time will be given to the railroads to offer evidence in support of their general claim for Increased rates, but not in support of particular rates. From March 16 until March 18 the shippers and protestants in tha case will be given an opportunity to present their evidence in opposition to the proposed Increases.
CITY NEEDS EMERGENCY WORK SAYS MELPOLDER
COMMENCE TO PROBE INDIANAPOLIS VOTING
BY LEASED WIRE. INDIANAPOLIS, Ind., Jan. 4. Following closely upon the heels of the Investigation that resulted in the arrest of 114 Terre Haute officials and politicians, the federal grand Jury today began its Inquiry Into alleged Irregularities In Indianapolis at the last election. Since Saturday, deputy United States marshals have served subpoenas upon 100 local men demanding their appearance before the grand Jury this week. County Auditor Patten was called before the grand Jury this week. County Auditor Patten was called before the grand Jury today with all his records of registrations for the election which waB held on November 3. Federal district attorney Dailey today Bald the Terre Haute investigation was practically at an end. The men arrested on charges of participation In election frauds In Terre Haute will appear before the federal court on January 12. Four Terre Haute prisoners were still in Jail here today.
That more emergency employment or additional township relief funds must be provided to prevent Inadequate relit because of the industrial depression was the declaration of Johu Melpolder, managing secretary of the Central Charity bureau at the frst annual reorganization meeting this afternoon. "Inadequate relief Is as baneful In its pauperizing effects as is indiscriminate relief." Mr. Melpolder said. "As the township trustee can give but $1 a week relief to any family Irrespective of the number of members, the burden falls on private organisations. The $3,000 in this year's budget of the central bureau will maintain about thirty families adequately during the winter months but If present conditions continue, there will be not less than 200 families to maintain and possibly more. Creditors Aid Bureau. "There are two possibilities that may be developed; one, that the county commissioners authorise the township trustee to grant more than $1 a week relief to a family and second, that more emergency employment be created. If it were not for the kindness of landlords and store keepers who extend credit to their tenants and customers, the Central Bureau would be swamped with applicants." Secretary Melpolder reported that 146 families and 524 individuals have been helped in the following ways: Groceries to 420 persons, clothing to 143 persons; shoes to seventy; bedding to forty-nine; household goods to fourteen; fuel to 150; rent paid for seven; meals and lodging for twelve; transportation for thlrty-Blx. Report Shows Aid. The report Is divided Into several parts, organization and equipment, cooperation, education, Investigations, constructive relief work, social service and general finances. "Due to the earnest and large-minded leadership of the co-operating organization," the report reads, "each society has agreed to confine its efforts to a definite task. The Associated Charities handles constructive relief work; Domestic Science association, the visiting nurBe; Penny club, the work with children and mothers; Tues day Aftermath, social center work; the Central Charity bureau maintains an advisory supervision over all work, raises funds, studies social needs, and maintains a general registration bureau. Township Leada State. "Wayne township leads all other
townships In the state in the pauperised condition of its residents, due largely to the fact that the city of Rich
mond Is supplied with an unusually large number of charitably inclined people. "Owing to the serious time of Industrial depression, the major portion of the bureau's time and attention has been devoted to the proper method ot relief giving. The bad practice of parents sending their young children as applicants for charity and thus schooling them In the formative period of their lives in the habit of getting something for nothing, has been discontinued. The rule that the men appear as applicants for relief Instead of the wives and children has resulted In some of them putlng forth greater effort to secure work. Must Attend 8chool. "It has been the policy of your secretary that relief be allowed only on the Condition that children attend school regularly. The good effect of this policy has already been noted by one school principal. One boy, 14 years old, whose parents had never sent him to school because of the condition of his eyes, was provided with a pair of glasses and has attended school regularly since. "With families whose destitute conditions are entirely due to intemperance, Indolence and neglect of parental responsibilities, the bureau in a large measure must depend for disciplinarian treatment upon the office of the prosecuting attorney, juvenile court and board of children's guardians. "Social service Is a comparatively new profession, there, has to contend more or less with unintelllgence, prejudice and superstition. The true test of the usefulness and efficiency of the social doctor is not the comparison of the amount of beans and potatoes he prescribes to the amount of his salary, but the ability correctly to diagnose social ills and to effect cures." Report Shows Short Funds. The financial report shows that the bureau Is still $2,000 short of the amount It set out to raise. It has received $3,500 and has a cash balance of $1,388, and total resources of $2,408, including the unpaid pledges. A report of the Associated Charities shows that operating expenses have been decreased, and the relief expenditures have been Increased. The report follows: 1912. 1913. 1914. Gen. expenses $306.58 $209.91 $150.80 Relief exp.... $282.73 $520.66 $613.66
The Fashiom shop "From Maker to You." 618 Main Street. Bet. 6th and 7th Sts. SemiAnnual
Live Poultry: Turkeys 1S14, chick
ens 1112, springers 12, roosters 10. Potatoes: Receipts 28 cars; Wisconsins and Michigan white 4045.
NEW YORK PRODUCE
NEW YORK, Jan. 4. Dressed Poul-
itry: Quiet; thickets 12jyi5, rowia !1217. turkeys 1224. Live Poultry: Firm; ; chickens 14
14. fowls 1416, turkeys 15. roosters 11. Bptter: Quiet; creamery extras 32 36, creamery specials 3437. creamery firsts 80035, state dairy.
mixed andTutchesltubf. 24035. process extras 2627.
jggB: r ii ill, ueai uj iau.,y nuuc 11 49, nearby fancy brown 4243, extras 4041, firsts 3738.
VOTE ON CAR RATE
A discussion of the passenger rate question presented by railroad men last week will be held by the directors of the Commercial Club tonight and a vote will be taken whether to favor the half cent Increase 'which will be asked of the legislature.
OPPOSE HITCH RACK
CHICAGO LIVE STOCK UNION' STOCK YARDS, 111. Jan. 4. Hogs Ueceipls 62.000; market 5
and 10c lower
$6.75 and $7".n; pood heavies $7.05 1 and $7.3o ; rough heavies $6.75 and', $6.95; liKht $6.75 and $7.25; pigs $5.30 j nd f fi.50 ; bulk of sales $7.05 and $7.25. ! Cattle -Receipts 23,000: market 10c j lower; beeves $6 and $9.75; cows and!
heifers $3.50 and $8.40: stackers and feeders $-1.60 and $6.60; TexanB $6 and $7.2.1. Sheep - Receipts 30,000; market 10c lower; na'lves and westerns $3.50 and
$6.75; l.nr.bs $6.75 and $8.85.
Mrs. J. W. Toliver, J. H. Kinsey. A. G. Luken, Charles E. Potter and H. H. Englebert and eleven other owners of property from Main to South A street on Third, entered a remonstrance in commissioners court today against placing hitch racks on South Third street surrounding the court house square.
U. S. TO SEND ENVOY TO DISCUSS PEACE
BY LEASED WIRE. ROME, Jan. 4. It Is rumored here today that the United States Is sending a special envoy to Pope Benedict XV. to discuss with the Pontiff and his secretary of state methods to terminate the war in Europe. It is impossible to secure any confirmation of these rumors from any of the Vatican officials, but they are received with credit In political circles. WHITE HOU8E IN DENIAL. WASHINGTON, Jan. 4. White house officials declared today that they knew nothing of the reported sending of an envoy to Rome by the United States government In response to a plan for European peace. Secretary of State Bryan emphatically declared no such move was under consideration.
STAR LODGE INSTALLS
AIL
IB
"Everything Mast Go' will be continued, beginning and until everything is sold. Coats, Suits Dresses, Furs, Waists, Etc. Sacrificed for Less Than Half Our Manufacturing Cost
The following afficers were installed by Mrs. Delia Coggeshall, Installing officers of the Eastern Star, at the meeting Saturday night: Hallle Plummer. worthy matron ; 8. Burton Gaines, worthy patron; Myrtle Gaines, associate matron; Jesse Medearls, secretary; Llssle Arnold, treasurer; Jane Dalbey, conductress; Adella Phenis, associate conductress; Mildred Price, ade; Edith Simpson, Ruth; Cora Clark. Esther: Selen Simpson, Martha: Ardella Addington, Electa; Mattie Smith, waiden; I. B. Arnold, sentinel; Mrs. baker, chaplain.
Silk Waists I Skirts I Hyde Grade Jersey Top Worth to $7.50. A wonderful as- Petticoats Petticoats Made In all the sortment, 200 of Pretty 8lIk i. finest alike, 'em. Worth te 1-98 Sade, all fc $3.50 va Choice $5.00. Choice colore. Choioe choloo $1.00 $1.00 $1.38 j $1.88 Ladies' LADIES' AND MISSES' . SUITS 0a,lS Worth to $17.50. Long choice tQ$2 $5.00 tortcoat $5.00 Cloth Furs Coats gilk Dresses Dresses , c . Beautiful new Goat Sets, large , , . . $10 values. The All sizes, every Silk Pophn and , Muff ana Scarf, other Silk very la teat ttyle, worth to Dregse8, worth style.. All col- "t,n ,,ned- vaI" $ia Cholco to $12J0. All ore. Choice $7.98. Per set sizes. Choice $3.79 $2.98 $3.98 $5.48 Bungalow Wash Child's Kimonos Aprons Waists White Coats Crepe and Fiar50c value. Your New 8tyIe' wel1 Made of Beaver nelette. $1.50 . . worth QO, Cloth, etc., well , . ch0,ce $1.50... OOC worth $4.93. value- Cho,ce 29c 5?f49c $1.77 78c SKIRTS COATS Satin Lined Girdle and Prettily Fjne B,ack No Trimmed Fronts. Newest styies. ' Worth $4.98. (J) 09 SOme Mtin 'ined- 7 8 Choice tp.OO worth $'6.50. Choice V 1 JO
Mercerized Petticoats Black and colored. $1.98 value.
78c
Silk Crepe de Chene Waists
Value $3.50. Loveliest and Flowered Designs.
new style. Choice
shades Each a
$1.88
All Wool Sweaters
$3.00 sizes.
value, all Choice
93c
Look For the Big Sign
"Get the Fashion Shop Habit"
Look For the Big Sign
GRAIN MARKET (Corrected dally by Richmond Roller Mills. Phone 2019.) Wheat paying $1.15, oats paying 40o. old corn paying 55, rye paying 75o.
I
PITTSBURG LIVE STOCK PITTSBURG. .Ian. 4. Cattle supply 10o; market steady; choice steers $9.ir and SOL'.'.; prime steers, $8.75 and $f.10; nood steers $S.25 and $8.75, tidy htitdifi-s .7.50 and $8.25: common ? it ii ' 1 Sii.'iO; common to fat bulls $5.5' and $".."(; common to fat cows $4 and $7.25: heifers $G and $6.50; veal calves $11 and $11.50; heavy and thin calveB $7 and $8. Sheep and lamb supply 17; market strong; prime weathers $6 and $6.25; good $5.50 and $3.85; good mixed $4.50 and $5.25; fair mixed $2.50 and $3.50; culls and common $6 and $9. lloge Receipts 90; market lower; prime heavy $7.30; mediums $7.40 and $7.45; heavy yorkere $7.40 and $7.45; light yorkers $7.45 and $7.50; pigs $7.45 and $7.50; roughs $6.25 and $6.60; stags $6 and $6.25; heavy mixed $7.30 and $7.35.
INDIANAPOLIS LIVE STOCK INDIANAPOLIS, Jan. 4 HogsReceipts 17,000; market 10c lower; best hogs $7.25; heavies $7 and $7.30; pigs $6 and $6.75; bulk of sales $7 and $7.15. Cattle Receipts 1,500; market 10 nnd I He lower; choice heaTy steers $8.50 nnd $9; llpht steers $8.25 and $3.75: holfers $6.50 and $7.75; cows $6 nnd ST; bulls $6.25 and $6.85; ?alvop ?5 nT-d ?10 2". Sheop i.r.d lnmb Receipts 300; market fHady; !rime sheep $4.50 and $5.2. mwm MARKETS
FEED QUOTATIONS Timothy hay, paying $19. Rye straw, paying $7.
Wheat straw, paying $6. Oats straw, paying $7. Oats, paying 50c. Ne wcorn, paying 85c. Red clover seed, paying $7.50 to $8. Timothy seed, paying $3.25 bushel Bran selling $28 ton. Middlings, selling $80 ton. Salt. $1.40 barrel. Clover hay, $15. PRODUCE (Corrected dally by Eu Cooper. Old chickens dressed, paying 18c; selling. 25c. Young chid .s dressed, payln? 18S; scllinr 23c. Country butter, paying 25 to 30c; selling 30c to 36c. Eggs, paying 35c; selling 40c. Country lard paying lie; selling 15a Creamery butter, selling 38c.
COAL PRICES (Quotations corrected dally by Hack man, Klefoth & Co. Anthracite nut. $8.60; Anthracite No. 4 and egg, $8 35; Pocahontas lump or egg, $5.75; Pocahontas mine run, $4.50; Pocahontas slack. $4.00; Jackeon lump or egg, $5.75; Winifred, $4.75; Jewel. $5.25; Tennessee, $5.50; Hocking Valley, $4.50; Indiana, $3.75; coke. $7; Winifred Washed pea, $4.00; nut and slack, $3.00.
NO INFECTED HOGS KILLED IN CHICAGO
GLEN MILLER PRICES HOG8. Heavies $6.85
Heavy Yorkers $6.85 1 Light yorkers $6.50 j Pigs $3.75 and $6.25
CATTLE. Best steers $7.00 Good cows $5.00 and $6.00
Bulls $4.50 and $5.00 1
anners $2.50 and $3,50
,TM,M?ff. f&for Saturday delfyerjr.
Van
BY LEASED WIRE. CHICAGO, Jan. 4. Dr. W. N. II. Neal, government inspector in charge of the Union Stockyards, today branded as absurd charges that hogs infected with cholera were being slaughtered, and other Irregularities permitted at some of the smaller packing houses here. OwneiB of the small plants showed anger at the charges, calling them part of a campaign to help the big fellows. "The packing industry
In Chicago is absolutely pure," said
Dr. NaaL
Society Leader Returns After Year With Head Hunters in Jolo Island
MRS. LORILLARD SPENCER. After a year spent In the mountain strongholds of the head-hunting Mbros of Jolo, where no woman had ever penetrated before, Mrs. Lorillard Spencer, philanthropist and society woman of New York, lias arrived in San Francisco, enroute to New York. She is accompanied by her companion, Miss Katherine Buffum. "The only real danger," said Mrs. Spencer, "was in reaching the Moro country. We were forced to ride horseback for many miles through the Jungle. We forded swift running streams and climbed steep mountains, guided by a native In whom we had none too much confidence.
j Snakes hissed at us from the heavy undergrowth." Mrs. Spencer failed to jjiad tbIfroa the blood-thiiatSE- aayasea thejt had bsan, painted, .
Opens Tomorrow-Tuesday Morning Over a Thousand Remnants Affected
14, M amcH
fflf
BLACK WOOL GOODS. 25 Remnants up to 2 yards. 13 Remnants from 2 to 3 yards. 3 Remnants from 3 to 5 yards. COLORED WOOL GOODS. 48 Remnants up to 3 yards. 30 Remnants from 2 to 3 yards. 15 Remnants from 3 to 4 yards. 22 Remnants from 4 to 5 yards. 3 Remnants from 5 to 6 yards. WOOL COATINGS. 26 Remnants up to 2 yards. 5 Remnants 2 to 3 yards 3 Remnants 3 to 5 yards. SILK REMNANTS. 21 Remnants less than 1 yard. 55 Remnants from 1 to 2 yards. 38 Remnants from 2 to 3 yards. 18 Remnants from 3 to 4 yards. 17 Remnants from 4 to 5 yards. 6 Remn-snts from 5 to 6 yards. 3 Remnants from 6 to 7 yards. 11 Wool Challie Remnants from 1 to 3 yards. No Remnants ent on approval but can be paid for and if not satisfactory the money will gladly b? refunded. Large assortment of Outing and Dress Goods, single and remnants shown on the second floor.
475 REMNANTS IN OUR DOMESTIC DEPARTMENT. Calicoes, Comfort Calicoes, Percales. Ginghams. Cretonnes. Shirtings. Fleeced Goods, Crashes. Muslin, Sheeting, Canton and Table Linens. All priced from to 1-3 less than the original prices. Lot No. 1. 11-2 to 8 yard pieces Calicoes, Ginghams, Cretonnes and Percales, a few pieces of Fleeced Goods. Many good lengths for dresses, children'. dresses, aprons, waists. Men's Shirts, Rompers. Ltc. It's surprising what a little money will accomplish at this counter. Lot No. 2. Sheeting, Muslin. Canton, up to 6 yard pieces. This lot includes Cartons used during the holidays for decoration. Pri( cd exactly half. Lot No. 3. Table Linens and Crashes. Table Linen Remnants up to 3i yards. Bleached, Unbleached. Me-eri7.ed or all linen. There are many good lengths and considering the advanced prices on almost all linens it will pay to supply wants for- several months. All Linen Crapes up to 3 yard lengths Pleached, or Brown. Better see this lot because the cheapest crashes are getting scarce and tfiese are extra good values.
H
