Newspaper Page Text
W 10
EVENING BULLETIN, HONOLULU, T. H., SATURDAY, JULY 8, 1911.
iW i
I
.vS
1 IN BUSINESS CIRCLES
il'. .
Pear of the turlff tnlk In Washing-1
ton la the only posslblu explanation
nf the present comlltlon of the Ho
nolulu sugtir Rtock mnikct
Money Is plentiful I.oaiis inn be
nimle at nix per cent on uny of the
Btnndnld securities
The price of sugar Ih higher than
wub expected, except by the ultra op
timists, anil Rood cargoes will be solil
at four cents and better
Crop conditions on the plantations
lontluue most satisfactory and the
outlook for the next season as far as
phjBlcnl conditions are concerned Is
nil thut could be asked.
In spite of nil these ftiwirlUK con
ditions, the stock market is far from
brisk and almost dull Kenr of the
unknovn In tnrlff legislation Is the
only possible explanation of failure
to bid more actively. At the same
lime It H slgnllleulit of the general
cunlldenti) In the situation that no
stoik Is being thrown on the market
ut a s.icrllke The Inactivity Is duo
to the In.i'Mllty of the buyeis to screw
their ciutiiBe up to going a little
higher.
IMr.i lUildeniN.
Wnl.ilun responded on Friday to the
uctlon of the dhectors In Increasing
the dividend to three-quarters of one
per edit for the remainder of the
J ear. I'uptekeo's dividend Iiiih also
been Inert nsed from sixty cents to u
dollar a share, but them Is very lit
tle general trading In this stock. Oth
er Increases and several extras may
bo expected as the season progresses.
1'rlre of Sugar.
The advance of ccntrlfugnls to four
cents nnd better wus expected, or at
least has been predicted for tho past
month. The talent were not how
ever prepared for the extreme ad
nnce In the quotation for European
beets, the latest return of Prldav
making n parlt of four and one-half
cents. The occasion for this Is not
known It may be that the spcculnt
. ors have executed a corner on the
market. Adverse reports from the
beet sugar districts might cause it
One of Czarnlkow-ltlondas recent cli
cn'nrs stated that beets iidvanccd on
the Information that the rains In the
beet growing districts did not have ns
much effect on tho crop as had been
anticipated. If It Is duo to crop con
ditions rather than speculative ma
nipulation the advance of beets may
bo ei.p(cted to bo followed by u con
tinued ndvance In centrifugals. Th
latest clieulnrs received In tho uiallii
are of dales tho latter part of Juuu.
Culm's Crop Vrospecl.
Wlllett & Cray's Sugar circular
bearing the date of Juno 22nd, bus:
Huns. The week under review has
given evidence of underlying strength,
together with a steady, continuous
tono of Improving tendency,
Cuban sellers huve readied a point
where they can show rather more In
dependence In handling their balances
of crops, and as the pailty Is still
28c per 1U0 lbs. below tho parity of
beets, they are working to close up
this difference on every sale they
now make.
This grows easier every week, us
rentiers are working more on the
linnd-to-mautli basis for their sup
plies than In former years.
The weekly Cuba crop tlgurCB, giv
en elsowhere, do not furnish u basis
for uny change In our final crop esti
mates. The feature of the week Is our do
mestic beet crop estimate, given
herewith, showing over 100,000 acres
Increased sowings and giving prob
able increase In crop of 75,000 tons
sugar.
This Industry Is progressing six
new factories are building for oper
ation this season, under protection of
present tariff. Every new factory and
every Increase of crop Increases tho
competition between tho cane and
beet refined and tends to decrease the
cost of sugar to the consumer.
Any important decieaso In tarlfl
will rovcrso this process.
Next crop prospects In Cuba nnd
Europe are favorably reported.
Rales given elsewhere show tho Im
provement In prices to bo 09c per lb,
a larger advance than In uny other
week for some time. Centrifugals on
the Bpnt are now quoted at 3,81c for
90 deg. test. European markets
fluctuated from 10s. 8'4d. lo 10s. 7',d
to 10s. 9d, at the close, August being
ut 10s. 9d. also, tho sumo as last week
Wo see no particular Indications of
Improvement in European prices, so
that whatever advance comes hem
will be from tho closing up of the
parity difference between the two
countries, New crop beet for October-December
delivery Is quoted
at 9b llftd, the parity of 4.10c for
Centrifugals at New York. The lin
den maiket Is closed today owing to
Coronation.
Total slocks In tho U. 3. and Cuba
together, -I8:i,7a0 tons, against r,0G,4t
tons last week and 678,080 tons last
year.
No Interestis taken In .lava sugars
and no purchases are i ('ported. Sell
ers hold up prices to English parity
uud naturally cannot find any buyers
hero. For July shipment 10s 9d c. A:
., equal lo 4 OCc, la naked.
At the close the market Is active,
with tho American leading In henvy
buying, prompt ami .Inly shipment
Culms at 2ftc c tt ., equal to 3 9Sc
landed, at which wo quote spots. It
Is estimated that some 100,000 tons
has been secured.
Cniive for Heels Advance.
The Federal Reporter for June 23d
makes sonio Interesting comment on
the European beet situation. Its ref
erence to the limited amount of sugar
of American grades on hand may he
the forecast of tho sharp advance In
beet sugars that has been recorded
this week
llavv Miiriir. The market has de
veloped this week Just as expected,
and sellers. In obtaining their asking
prices, have been rewurded for hold
ing 111 in for so long on a quiet mar
ket Afti r being out of the market
ns buyers In a large way since April
ISth, the American Sugar Itcflnlng
Company estcrday took all tho Cu
ban and I'orto Klcan sugar offering,
securing In nil ubout GOO.000 bags to
GOO.000 bags, on the basis of 2 cost
and freight for 9C deg. test, the equiv
alent of 3 9Sc delivered. About 150,
000 hags also sold on the same basis
to Messrs Arbuckln Ilrothers nnd
Messrs II 11 Howell, Son & Co The
sugurs bought wern for Juno and first
nnd second half of July shipment nnd
tho quantity sold Is probably the
largest amount that will be sold ut
any one time for the bnlanco of tho
year. The amount of sugar now un
sold, and still to be made in Cuba, Is
comparatively so small that uny pos
sibility of there being pressure to sell
Is removed, uud that values will
gradually work towards the European
parity Is a tertnluty Today there are
one or two lots offering, on tho basis
of yesterday's sales, nnd these are
likely to be taken at uny time. The
closing Is very llrm, with the spot
quotation on the bails of 3.98c duty
pnld for 9G deg. centrifugals, 3.48c
duty paid for 89 deg MtiBcovadoes,
and 2.23c duty paid for 89 deg. mo
lasses sugars. The world's visible
stock Is 2,450,000 tons, as compared
with 2,310,000 tons n year ago.
Messrs. Wlllett & a ray llguro tho to
tal storks and ufloats ns showing a
visible supply of 2,515,7.10 tons, or an
Increase of 10.1,670 tons from last
year. Stocks In the United States and
Cuba together 483,750 tons, a decrease
of 194,330 tons from lust year. Kstl
mated nllouts to tho United States, to
tal 127,000 tons, against 102,000 tons a
year ago.
Figures for tho U. S Four Forts
Juno 21st were:
1911. Tons.
Hecelpts for week 40,286
Meltings for week 55,000
Totul stock 249,750
1911. Tons.
Receipts last week 62,856
Meltings last week 55,000
Total stock 264,464
1910. 1909.
Hecelpts for week.... (18,343 44,166
Meltings for week ... 52,000 50,000
Totul stock 397,080 365,116
Treasurer Conkllng sends woid to
the Governor that the Territorial
bonds will be offered In New York,
tliu tcnderi, to close July 27.
Relt Rend I'rngress.
The Oahu belt road commission
decided last week that County En
gineer Gem should Immediately pre
pare pluns for bidders on tho first
five miles of the belt road at Heela.
The commission Is now at work on
figures for it ten mllo stretch extend
ing from Klpupu gulch to Wulaluu,
and bids for this section of roud
building may be culled for In a short
time
The commission finds many sections
of the road In fnlrly good condition,
that cun, with little expense, be in
corporated Into tho belt road piopo
slllon.
Our Wool Product.
Wool growers lire coming to the
fore at this season of the yeur. Ho
ports from tho sheep ranches on the
other Islands Indicate u good clipping,
and at piesent Hawaiian grown wool
Is, like other products of Hawaii,
commanding tho best of prices. Lust
Saturday forty-four bales of wool
came to tho port from Maul and went
furward to tho Atlantic coast.
Lumber Prices.
lliiildlng operations, especially tho
erection of homes, In all districts of
the city and suburbs stopped only
long enough to relebrnto the Fourth
of .lnl and then vvero otf again with
a tush. This ovldenco of a Greater
Honolulu was given more encourage
ment. If possible, by the statement
that the price of lumber is not going
to bo boosted. Munuger Lowrey, of
Lowers & Cooke, iiBserts that there
Is no geneinl lalso in the price of
lumber contemplated; that,! in fact,
lumber for ordinary building- Is
cheaper today that It was eighteen
months ago. Lumber dealers, how
ever, look for a slight udvunre In the
prlcn for lumber of unusual or extra
hIii about tho first of August, but
this will not affect the MiiudurU slied
I lumber employed In the building of
J homes
Remodel
lllue; Finns Finished.
It
Is understood that remodelling
plnns for the Judiciary building are
about finished and will soon be ready
for bidders. This Is one of tho most
needed pieces of work In the wholo
program of public Improvements.
The work contemplated will be ex
tensive nnd thorough renovation,
Oh In Lumbering.
The pieservatlon and conservation
ot Ohio, one of Hawaii's most vulu
nbto species of timber, Inn called
forth a forest reserve of nearly 20,
000 acres, located In the district of
I'unii, on the Island of Hawaii This
reserve embraces u large growth of
this timber, that for commercial pur
poses Is rapidly Inking rank with
other valuable woods of the world
for furniture uud house finishing.
Regulations for tlmburltig In this sec
tion will be compiled nnd licenses
Issued, All operations will be under
tho direct supervision of Territorial
Forester llosmcr, who will so regiu
Into tho same thut thinned out sec
tions will bo protected and given a
chiinio to perpetuate the growth of
this most valuable commodity
Wnlklkl Coiideiiiniilleu.
Condemnation proceedings by the
United States for property nt Wnl
klkl Is making a record for extensive
testimony. For live weeks Judge
demons has been listening to mgti-
nicnts by tho owners of tho prop
erty sought to bo condemned, In
which they uro attempting to con
vince Uncle Sam that their holding
are of twlco the value that is being
offered by the Federal Government,
Fruit Fl Work.
Tho combined elforts of nil Inter
ested In Island fruit culture are being
put forth for the eradication of the
Mediterranean fruit lly. The miliar
go thut has been ulready placed on
certain varieties of Island fruits by
the California State Horticultural
Commission has brought the local
dealers to a stand where a desperate
remedy Is needed for n desperate
case. In this connection It has been
voiced that a committee from the
local chamber of commerce seek aid
from the contingent fund by asking
the Governor to set uslde $10,000 for
the purpose of securing a parasite
for tho fly.
Up to the present tho mainland has
placed no taboo on pineapples or ba
nnnus and It is probable thut such
will not transpire, us In tho case ot
the pines tho skin Is so hard that the
fly peat cannot penetrate for the pur
pose of depositing Its eggs. A thor
ough examination of this fruit when
packed for shipment, to see that there
are no cuts or bruises, will have a
tendency to keep the embargo off tho
pineapples.
In a week from now tho local can
neries will be running full blast.und
will take care of" the pineapple crop
outside of tha few cases of fresh
fruit shipped to the coast.
Library Construction.
A decided move has at last been
made toward the erection of tho Car
negie library. Lord & Young, who
were awarded the contract for con
struction, stand reudy to proceed
with the work as soon ns the lot has
been cleared. Arrangements are now
being made for the removal of tho
old school building from the library
site to a location In tho Kukauko
district. It Is expected that tho
working plans will be hero insldo of
ten days or two weeks at the outside.
Lord & Young have contracted to
finish tho library In 230 working
days.
Mure llllo Iirenkwiiter.
For the next two months bids will
bo received at the United States En
gineer's oMce for the construction of
thut section of the breakwater at
llllo that will come in under the third
portion of the appropriation for the
work, which Is $200,000. On the 8th
of September the bids will be opened
and the contract awarded.
The contract of Lord & Young,
who are at work at tho present time
on tho second section of tho break
water, taking up the work where 1).
E. Metzger left off, expires on No
vember 21,
Tho flnul results looked for by tho
Government is the building of us
much breakwutar us the appropria
tion will allow. There must bo a
certutn length of mole constructed
with the money that Is appropriated.
If there Is any money left after the
specified length bus been reached
construction will be kept on until the
appropriation has been exhausted.
A DAINTY TOUET AHTI0IB.
Every lady who deMre to keep
up ber attractive appearance, while
at the Theater, attending Recep
tion!, when hoppln while travel -
Ing and on all occasions should
carry In her purse a booklet ot
QOUItAUD'S ORIKNTAL BEAUTY
t.EAVKS. This Is a dainty little
booklet of exquisitely perfumed pow.
dered leaves which are easily re.
moved and, applied to the siiln. It
Is Invaluable when the face becomes
moist and flushed and Is far superior
to a powtler puff as It does not spill
and soil tke clothes.
, It removes dirt, loot and grease
from the face. Imparting a cool, del
icate bloom to the complexion. Sent
anywhere on receipt of Ten Centi
In Btamps or coin. P. T. HOPKINS.
17 Great Jones street. New York.
There were threo hundred men
piesent nt ii cockfight near Mlllvllle,
Miibs, on n Sunday afternoon recent 1).
New white plipies and reps at Whit
ney 4: Marsh
CONTRACTS IN
John D. Spreckels Testifies
As to Agreement Before
House Committee.
TELLS OF LEASE OF
CROCKETT REFINERY
Price-Cutting Stops, Ho Says,
After Ruinous War on Coast
Pact Made for Island
Product,
WASHINGTON. Juno 20, With tho
completion of the testimony of Prcsl
dent John U. Spreckels of the West'
ern Sugar Reflnlng Company today
the House sugar trust Investigating
committee practically demonstrate I
that since the short, drawn battle be
tween Claua Spreckels nnd Henry O,
Ilavemojor In the early nineties,
there hus been no competition In tho
sugar business In tho United States
Spreckels told the committee how
Hnveniojer Invndeil tho territory of
his father on tho 1'iilIIIc Coast, uud
how tho oldor fipreckels retaliated by
building in Philadelphia one of the
finest sugar refineries In tho win Id.
This Hank attack on llavemeyer lei
t oan armistice, which ended In peace
when tho American Sugar Refinery,
dominated by Havemcjer, took over
the Spreckels I'lhalilelphlu lonnery,
and In return Spreckels accepted the
aid ot llttvenicycr In establishing the
Spreckels rellnery In the SallnaB Val
ley of California.
The Amcilcnu refinery toog half
the cnpltnl stock and Spreckels thu
other half, tho hitter retaining con
trol of the board, of dlrectois,
Price Cutting Stops.
After this thoto was no further
price cutting In .the sugar Industry,
and tho only attempt at Pacific Coast
competition vvns made by tho Mc
Kcars ofCallfornia, who stnrted a
refinery .nt Crockett.
After this "company's losses had
reached JCOO.OOO.'a year, tho Spreckels
tptorcittt In, 190 Vised tho Crockett
plant for threo'jeais' and closed It
dow n.
"They asked us to lease their plant
for three years, and with It their con
tracts for (Hawaiian sugar," said
Spicckcls.
"I agree dto leaBc It with the pro
viso that we get all their sugar,
amouutln glo about 60,000 tons a
year, and I paid the company $150,000
a joar foi the plant.
Get Hawaiian Cugar.
E "They had been cutting prices and
losing money until thoy wanted to get
out. Wo leccived dining that erlod
all the raw sugar fiom Hawaii, mid
they sold none uud manufactured nu
refined sugar dm lug tho period. Tho
company operated as a beet company
purl of that time."
Got Rival's Factory.
"Wus theio nu agi cement If neces
sary jau would go In uud uso the fuc
tory?" naked Representative Madison.
"Yes; If our factory was disabled
wo could use their factory,"
When the thico years' leaso expired
tho Crockett concern was reorganized
under the name of the Ciillfornln-Ha
wnlluu Sugar Company and It Is still
In business,
When asked If ho was connected
diicctly or Indirectly with thu reor
ganized company or whether there
wus any understanding between his
Interests and the California-Hawaiian
Company ns to prices, Spicckcls de
clared positively thut he had no In
terest In tho company nnd Unit there
had never been any agreement as to
prices.
Ho admitted, however that tho
prices charged by Ills concern nnd tho
Califoinla-Hawiillun Company tallied
closely, Iheie being only an occasional
slight cut In prices when either com
pany hud to omiicli sugar on hand.
Control Whole Industry,
The iclntlonshlp between tho
Spreckels Interests and thosu of
Iluvcmeyer, as told by Mr. Spreck
elr. Is the stoiy of thu whole sugar
Industry lu the United States after
, clans SpieckolH
mid lluveineyer
reached uu understanding.
The Ameilcau Sugar Heliuery hours
the sumo relation to the sugar Inter
ests and holds the sumo amount of
cumin) as It dneB In California In tho
sugar mm ems of Michigan, Colorado
find Utah.
Home whole along the lino of tho
general scheme of organisation there
must have been direct or tacit under
stundlng that each coucorn would bo
Hiipiemo in Its own touitoiy, In tho
mutual prntlt of all.
In answer lo a question, Spreckels
admitted that the cino-BUgar Indiistiy
was Becure from competition by mi
son of tho hold of tho trust Intuiosts
on tho sugar seapoits of Iho country.
Ho agreed that prudent capital would
hesitate hefoio attomptliig to compete
with the present inicreau,
state Can Supply All.
The beet-sugar Industry, nccoidlng
to Spreckels, was more open to com-
v- t
t. WHITE LIES.
fes. U ITS A GREAT STORY I
tol I BUT NOT ADAPTED TOjJ,
V -!i3PUBLICATIOHfttr.
ter
for
TrlEON&5WEHAVETO
WILL' EXCHANGE house
on Riverside Drive.N.Y.two
but
automobiles, d stecim-ydcht
and camp (n Adirondack
one counlry boys dppe-
APPLY 6 fywAY. W.Y,
This isthe
Arftm wrnm s7
tMnzrFisxZRsii IV Wmk
iW KMi&Sitl IH W
'1W P ,
TELL.M
Jiiej
ffi llnaMPI(:OTCJffl
LLL? IRLJMbXC?y liml ttSt- f kk tinewi- sens. LmwirlBwhrJM
"U F Ui; COMMENCEMENT 1911 fi TBII i , if 1
olad, triumphant Commencement season when Sis graduates In a crepe de'i
that sets Pa back farther than the whole four-years course has done.. It (S
leor oown
. a . ..
said Ihlnds are deTTlng so Thai Ihe year ols graduaTes rop Is compelled ToTbne-
go aiiy payment on the mortgage and, nine timed out often, has to let his insurance
lapse "but this may be an extreme statement. Girls come high, all times.
petition. It was simply u uuuitlciti of
getting the land.
Ho declined that, with the piesent
tariff nssuied for twentv-nve jcars,
Calif oi nla alone could ho made to pro
duce all the sugar consumed In the
United States.
In answer to a question by Con
gressman Kuker, Spieckels wild Jup'i
uese and other foleign labor was em
plojed on the rompauv's sugar-beet
lauds nt Salinas because while men
could not be proem ed fur Hit; work.
"The Alueilcnn," said HpieckeN,
"does not want to get down on his
nun row-bones and work In the beet
fields. We llnd plenty of while men
to handle steam plows nnd drive
teams mid work Inside tho rellneiles,
but we Imvo to employ foreign labor
111 the beet fields, or not get tho work
done."
College Men Conquered Soil.
Spieckels told of Ihieo jours' un
satlsfuctoiy attempts to raise a good
cuip of beets on a 10,000-ucio tinct
In tho Salinas Valley nnd tho final
establishment of an experimental sta
tion with four giudiiates of tho ugrl-
cultuiul department of the Univer
sity of California In charge.
After a series of experiments and
annljslH ot tho soil, good ciops wciu
pioduced nnd beets nude to grow oi
additional soli that was thought to be
unfitted for their cultivation.
Thu witness contended that tho Ink
ing off of tho sugar tariff would ruin
the beet sugui IniluMiy and not bene
fit thu consumer, because the short
age of siignr caused by the ehislng
down of the boot-sugar factories
would keep tho pilco up.
Spieckels stuck to bis contention
oven when It was pointed out thut
tho United States produces a com
imriillvely Himll percentage of the
world's sugar supply nnd thut plenty
of sugar would come here if Ihe turlff
weio lomoveil.
Not Gcod for Jellies.
In answer lo questioning, Spreckels
said that while thero was u difference
of about UO cents por 100 pounds bo-
tvveeu the wholesale pi Ice of enno and
beet Biigai In favor nf tho rune sugar.
ictnlleis often sold both ut the sumo
price.
It was Impossible ho said, for tha
buyer to distinguish between thu up
pentnnco of tho two Muds, and the
only wny a housekeeper could tell she
had beet sugar was when her Jellies
would not Jell.
In oxpecliitlon of tho nppcarnnco of
Joseph I'. Smith, piesldeut of thu
Mormon Cliuich nnd head of the
Uttih-lilaho Sugar Company, sovcr.il
women vvero piesent at loday's lio'ir
Ing. 1'iesldeut Smith nirlved lu
Washington today and will bu called
to tho stand toiuoiiow.
Specinl show Ing of silks nt .lorduu's
on Monday.
m hiiqp a nflin III MIE IlflV
IU tUlIC A bULU 111 UnCUAI
Take Laxative Bromo Quinine
Tablets. All druggists refund
the money if it fails to cure,
E. W. Grove's signature is on
each box
PARIS MEDICINE CO bi. Louu, U. s. a,
TOE TOLLED
PERPETRATED BY WALTACPQUGALL
LOCAL JOTTINGS .
Abe Bode and Sallle Getts , bot rt
of here, were married on Monday.
Abe Ivn about as much dnav mat
In his bean as d squlrref with
hall Iho rodcnls ability
to orab off a tivlnd and
SdlTUnows as much about
keeping house as a
guinea-pig .
re announce Ihe lie-UD
nolhind and savthat
each deserves the other
mxJuuh
were divlnd ten to
one IhaT oals dad will have litem
on his hands in Ihrcc months .
Notice; All wedding notices arc
f REE In The Outlet"" hereafter
.. . 4 a ... .
hi .
SAYS CANAL WILL
BE NO BENEFIT
Paris Business Men See Euro
pean Hold on South Ameri
can Trade Tighten.
I'AIUS, France, Juno 3. "Will the
I'amiiua canal merely servo to
strengthen thu trade relations be
tween South America and Km ope nnd
shut out the United States uioio than
ever?"
This Is the question Ameilciin bus
iness men abroad uro asking us evi
dence UKiiiiiulates tli.it Kuiopo Is
making caieful pieparatlous to take
advantage of the gieat canal us kooii
as It Is opened. The general opinion
Is that the United States lacks u
sullicleiit merchant niuilno to utilize
Its own opportunities. Suvciul of tho
liuding South American republic, on
the other hand, are building special
ships for the I'uniimii tiudo.
It was learned by the correspond
ent of tho Dully News today that the
leading Ficnch lines, notably the
Compagnle Geiieralu Trunsutlutitlque
uud the Compagulo Francalso du Nav
igation des Cliiirgeurs nciinls, uro pre
paring to meet the now conditions,
especially aiming to secure the trade
of tho west coast of the two Ameil
(iis. A former pioject to reacli these
regions dliect by way of the Suez
canal failed.
President Tart's statements that tho
can ul tolls will bo $1 per gloss ton,
or the sumo us on thu Sue, waterway,
assuies the practicability of tho Pa
nama canal from Europe's point nf
view, although this late will not pay
the expenses of the canal. Thus It is
apparent that unless thu United
Slules duvelops trudo by lneniiB of Itf
own vessels It cannot profit fiom the
canal,
Kuriipe lias Hold In South America.
"The piesent prepondeieiito ol
Kuroprtiu liilliiciice in South Amer
ica," suld the lepreseutativo of a huge
Ameilciin Hi in to the correspondent
of Iho Dally News this morning, "It
duo hugely tu the more Intimate lie
qiinlututico made thiuiigh numcrniu
Ilrst-class steamship connections,
without opposition fiom Hie United
.States. Italj's extraordinary bold oi
Algentlim, where neaily 2,000,00(
Italians huvo settled, wus developed
by Italian steamship companies oper
utlug fieqiivnt mid fast steamers be
tween thu home jiorls and Iluenut
Alies.
"Slinlluily thu Flench uud Cot mans
huvo developed extensive (Hide con
nections with .Mexico, Hru7.ll uud Con
tial Anieiicii. The new harbor worlu
ut l!lo du Janeiro weio built by Flench
uipllal and aio operated by u stuff of
Kieueh cliglneois. Tho ti.ulo of tin
United States with the South Ainorl
'an lepubllcs, on tho other hand, doer
not amount to moiu than Hi per cent
of their total Impoits, Huinpeuii hus
Iness men Imvo learned that much
tho best vvuy of securing expoit uud
U
ftrTralT o The denl
man who' wont be
able to aeT a welflh
Idh
SULAH
1hls summer-FoiTAMi
IUHCI
tneJ
.. s. -
v
We are talking about AVer's
Hair Vigor. Just note that word
"Aycr's." You are perfectly
safe with it. No harm to you or
to your hair. Makes the hair
grow? It certainly docs. Stops
falling hair, too. Remember, it's
"Aycr's" we arc talking about.
Ask your doctor about your hair I
and about Aycr's Hair Vigor. ?
Get his approval. Your own '
doctor and "Aycr's" make a
strong combination. It means
faith, confidence, satisfaction.
Ayer's Hair Vigor
DOES NOT COLOR THE HAIR
PrnirtJ ty Dr. I. C. Aer & Cc low,!l. Mm , U G. A.
Import trado Is by establishing ex-
picss steamship service to South
America.
Ilciielit Only for Kurope.
"There uro seasons when South
Americans uro mure numerous in
I'mh tluin mo Now Vorkeis. In Italy
tho term 'American Is always under
stood to mean 'South American," be
cause or their dliect trado lelatlons.
In view or these facts It seems likely
Unit unless tho United States takes
Immediate action to opeuito Its own
ships the I'anaina canal will ineiely .
- " V Mi ' 4.1
t Makes
The
Hair
Grow
one to strengthen Kurope'u hold oulj
South America."
NI'.W YOIIK, Juno 21. Tvvelvd
stout tugboats sti allied and pulled on
the White Star liner Olympic lodny
jii her iinlv.ll fiom Kiighuid, waiplng
ihe kI.uU steamship of the sens Into
her dock. The Olympic was given a
noisy welcome ns she moved up the
Hudson ilvor, escoiled by n licet or
lugs that dalle, alongside like pilot
llsh after a shaik. .
Tim berthing of tho Olympic, with,,
her SS2'j feet or length wiih iui small
task. The lV-deral rioieiiiuii'iit hud
permitted an extension of one pier
into the ilver lu nMor t dock tho
Olympic, but the gieatest cue had to
bo oxoiclscd to piovent tho liner fioci
can j Ing uway tho new temporary
xtia dock.
Tho Oljinplc made nn aveingo Bpeod
r 21.17 kiinlB mi her maiden inn to
Sow Yoik, envoi lug tho rnuiso In flvo
ilajs, sixteen hours and roity-flvo
llllllllU'S.
Julius Adler. the pilot who bioiigbt
tho Olviuplo Ihioiigli the haibnr lauosfl
it'imirlied us ho lullimulslied thoV
- wheel; "Sho bundles llko n catbo.it."
)
STsWiermiwTVOT!.'.
SiiMiMi ni.mu
,Wt&ir.M-i11M1
rt-
jx-1 f
&!&
itil -.ju 1 i ss.Sft
