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Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, December 05, 1919, Image 10

Image and text provided by Washington State Library; Olympia, WA

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn84022770/1919-12-05/ed-1/seq-10/

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PAGE TEN
FLUCTUATIONS OF MONEY PUZZLE
TRAVELLER ABROAD THESE BAYS
FORKKA r.\c«c\N<.i f kih: i.itti.i on j. -< i is mi: oai->
HKI OIIK Till wai: hi t now !K\i>; iim am ; m;i agunm
ki luu'i: vM> 1 vi:in IIIIM; n MI .mi o —WANT; ON WASH
ington BOV. NOW N< 'HOI, MI Ai CI'IATO SOMI!
KXI'KRIKNCKS AIX>NG Till- I INI
Article \ iI(—ll] J I! Iliniis.
Oxford Eng., Nov. S. 1919.
In the good old days before 1!i 14.
the average citizen, though he might
regard foreign exchange as some
thing of a mystery, had little to
PYRAMID
FLOUR
EVERY SACK GUARANTEED, OR
YOUR MONEY BACK
Redbr it PMUnps
207 East Fourth St. Phones 593 and 594
gg
worry about if he wished to send
| money to Ids old n. dlier in Ireland
er his si apegraco son in the Argon
dine. Tie rates varied but slight 1> ;
there was no need of buying quickly
THE W\ H i!STANDARD. OLYMEIA. WASH. FRIDAY. DECEMBER 1910
bt>fo.r< the market went up or wait
np .' lie might lost
a , i' cm lie dollar b--cause of -m
trade !• nan • or make a
n' >; • j i mark" t was in his
I t' , . ... , which i, I" n
1 ' r ' n. uy thing wi: h
i. . 1 it . ■ not 1 it -* to do, ha"
e ■.l ; :, ; d .li of trout lo to
i. li; in
d' .iliegs ) ill foreign countries
Trade balances are against Europe I
hecanr .'or live years of war she has
been ; !■ , Co-: !. -s than sell has con
sumed M< tof the gold formerly in
circa.ation In -• gone abroad, pap"r
! has taken its place, and the general
j d : .-loi alien of society and business is
,so great that cautious men will not
take the sow rnroeuls' promise s as
the cquii li- tit of gold.
Fortunate]/ the conditions in the
I'nitcd State-- are la tter than in any
otliei country. At all times we have
produi ed more than we have con-j
'stinied. and the whole world is in our
debt. The value of our money lias
depreciated, but relatively its value
is much greater than that of any
I other currency.
Just before leaving Washington
for England, I had occasion to
change most of my small bank ae
| count into English money. 1 was
able to purchase from a Seattle bank
a draft on London at $4.16 to the
| English pound. As (he normal rate
Sis $4.86, I made a paper profit of
| about sl6 on SIOO. As a matter cf
fact, most of it represents deprecia
tion, so I fear 1 shall never know
j how much I actually made or lost.
| In Canada I found that, although
a Canadian dollar is worth but 90
| cents in Olympia an American dollar
is worth only a Canadian d liar in
I Montreal. In normal times, when
j the market moves more slowly, there
J would undoubtedly be some equaliza
tion of this condition, but with money
urnirg handsprings in every part of j
world, it is not surprising tint j
■r • should bo many inequalities. j
At. in. when I eettl" to change n j
•tie American and Canadian money |
i ii: English in Montreal. I found j
' at : I;hough 1 could have bought in
N.-V. Verk for about $4.3", the ("ana- j
il.ap rate was $4.48 jier pound, the'
determining factors hi ing the trade
ljalanii between England and Can-;
ada. and the relative depreciation of j
English and Canadian money.
These little experiences, which |
would, perhaps, have satisfied a pru-|
dent man, merely whetted my appe-1
tile for further experiments. We had ]
planned to go to France next summer j
and, since we observed a few weeks
ago that French exchange was very i
much in favor of England, and since J
a friend who spent last summer in '
France had given us a most confidett-,
tial tip that francs were going up i
soon,l rushed to my banker and pro
posed that I invest, our little surplus
in francs to spend next summer. lie
advised waiting, saying that he
thought they would go lower.
The next day they wore higher, the
next, still higher. I was convinced
that this was the permanent upward
movement of which my friend had
spoken. The banker still advised pa
tience. Hut the next day, as they con
tinued to advance, I took the matter
out of his hands'and bought at the
rate of 35.75 francs for each pound.
That represents a paper profit of
about 40 per cent, and I felt pretty
well pleased, though I regretted hav
ing listened to the hanker at all. The
next day francs were cheaper, and
with a few fluctuations they have
been getting cheaper ever since. Yes
terday I could have got about 37.40
for a pound. Like most, amateur
gamblers, I had bought at the top of
a rise.
When I was buying pounds in Se
attle, the present state of affairs
seemed ideal, but yesterday I bought
"It's Like Finding Money"
pays the Good Judge
fjj When you take a little
y (ff chew of this real quality
tobacco, and the good
J tobacco taste begins to
K come.
jffi You'll find it keeps com
ing, too. The rich to
/ bacco taste lasts and
l lasts. You don't have
\ to take a fresh chew so
\ often. Any man who
uses the Real Tobacco
Chew will tell you that.
Put Up In Two Styles
RIGHT CUT is a short-cut tobacco
W-B CUT is a long fine-cut tobacco
a money order to remit an insurance
premium to the U. S. government,
and I somewhat changed my mind.;
The premium was sfi.fi() (about one
pound and seven shillings), .lust re
cently tlie international money order
rate has been raised to three and six
pence for each pound in order to
cover the difference in exchange.
That seemed bad enough, but when I
had bought my order and came to
pay for it 1 found that the rate w.:s
also three and sixpence for any part |
of a pound, and that the seven sliil-.
I lings cost three and a half shillings
to send. In brief the money order!
j for s6.fit) cost me almost $!•. 1 think
that in the future I shall have some
one at home pay nty .insurance. It
may be cheaper for me in more than ,
one way.
The really interesting investments
nowadays, however, would be Italian
lire or German marks. The mark |
was worth 25 cents in the old days,'
now it is worth 4. Spending quarters
at 4 cents apiece must give a kick
like gambling with scrip at 50 cents
per hundred dollars at. an Klks' car
nival.
I'AINT PRIMPS POULTRY HOt'KK
i
Painting adds greatly both to the'
appearance and service of all bu'ld- j
ings and appliances. One muv buy j
ready-mixed paints, or may purchase
paste pigments and oil and mix
them. All surfaces should be clean ,
and dry before they are pa'nted. Use
a priming coat made of equal parts ,
of paint and linseed oil and cover
with one or more coats of paint, I
which should be thoroughly brushed
into the surface, says the United
States Department of Agriculture.
Whitewash is the cheapest of all j
paints, and may be used either for
exterior or interior surfaces. It can !
be made by slaking about 10 pounds
of quicklime in a pail with 2 gallons
of water, covering the pail with cloth
or burlap a,nd allowing it to slake for
one hour. Water is then added to
bring the whitewash to a consistency
which • may be applied readily. A
weatherproof whitewash for exterior
surfaces may be made as follows:
(1) Slake 1 bushel of quicklime in
12 gallons of hot water, (2) dissolve
2 pounds of common salt and 1
pound of sulphate of zinc in 2 gal
lons of boiling water; pour (2) into
(1), then add 2 gallons of skint milk
and mix thoroughly. Whitewash is
spread lightly over the surface with
a broad brush.
PROVIDE SANITARY FI/OOItK
The best kind of floor depends
upon the soil and the use of the poul
try house. On light, sandy, well
drained soils a dirt floor is satisfac
tory, especially for small or colony
henhouses. Such floors should be
from 2 to 6 inches higher than the
outside ground surface', and it is ad
visable to renew them each year by
removing the contaminated surface
down to clean soil, and to refill with
fresh sand or fine gravel and earth.
A board floor is generally used where
the level of the floor in the house is
from 1 to 3 feet above the ground
surface and in portable houses on
land which is not well drained.
Board floors harbor rats and rot
quickly, and should be raised some
distance ofT the ground, so that cats
or dogs can get under them, which
also allows a free circulation of air
to prevent the wood from rotting,
cement floors are adapted to long per
manent buildings, brooder houses,
incubator cellars, and to all perma
nent houses where an artificial floor
is required and can be built on the
ground level. These floors are easy
to clean, very sanitary, rat proof, and
comparatively inexpensive, if one has
a cheap supply of gravel or sharp
sand.—U. S. Department of Agricul
ture.
A number of local Odd Fellows. In
cluding W. E. Britt, John W. Briggs
and S. H. Wrstover, motored over to
Puyallup Saturday and attended the
convention of the Patriarch militant
of the First Battalion.
u /\L_
For Your
Tired
Eyes
Try my reliable glasses,
which are made only after a
careful examination of the
eyes.
Dr.
6. R. Ridgeway
Graduate of Two Optical
Schools.
108 East Fourth Street
Olynipia.
Office Phone 129; Res., 342Y
Buy Tibbetts'
Loganberry
JUICE
Gallons—*-pure juice....
Gallons—pure sweetened
juice $10.50 per ease
(Six gallons to ease.)
Pure Sweetened Juice
Case of 12 quarts $6.00
Case of 24 14%-oz. bot
tles $6.00
Delivered anywhere in
Olympia
Phone Tibbetts at Little
itoek, or send him a postal
card.
TIBBETTS' JUICE IS
GOOD JUICE
Tobacco Habit
Dangerous
eays Doctor Connor, formerly of
Johns Hopkins hospital. Thou
sands of men suffering from fatal
diseases would be In perfect health
to-day were It not for the deadly
drug Nicotine. Stop the habit now
before It's too late. It's a simple
process to rid yourself of the to
bacco habit In any form. Just go
to any up-to-date drug store and
get some Nicotol tablets; take
them ns directed and lo; the per
nicious habit quickly vanishes.
Druggists refund the money if they
rail. Ue sure to read large and In*
teresting announcement by Doctor
Connor soon to appear In this pa*
per. It tells of the danger of nico
tine poisoning and how to avoid it.
In the meantime try Nicotol tab
lets; you will be surprised at the
result. Nicotol is sold by druggists
everywhere under an iron-clad
money-back guarantee. Your drug
gist has It or can get It for you
from any wholesale druggist. r

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