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Albuquerque Morning Journal, Tuesday, December 12, 1916.
ree In Felt Worth $5.00 Each Hand Painted PILLOW TOPS With "New Mexico" Scenes ROSENWALD'S In Leather Worth from $6.00 to $7.50 Each UTLOOK FOR U.S WHEN W EMDS ST UNCERTAIN Capital Plentiful and Labor Enoufih, But Will Demand Be Sufficient? Railroads Not Building Now, IPICIAU CONRCSfOKDINCI T'J MONNtNO JOURNAL Chicago. I't'C. 11. The greatest benefactor to tlio business of the United States would be the man who would tell what is going' to happen j?ftor the war. Almost everybody Is making a stagger at the problem and nobody has come anywhere near solv ing it. Virtually the student of the subject Is putting himself up against an impossibility, and yet tin approxi mation might be made if all the fac tors were laid in a cool place outsiu the hurry of the present time and ox cniincd at leisure. The pink statements made by cor- If you are interested in purity first SAK!NG POWDER is what you should always use, There ara marry other reasons why but try a can and see for yourself. i ; fw-Vri Grocer 4. lain leaders in business, particularly those of sanguine temperament, are. entitled to little attention, it Is the nature of the American to be hopeful ami t0 see things big, and mnny au thorities in finance and industry have personal motives for giving' a good appearance to affairs. Outlook Unsatisfactory. If one Judges by the ordinary ap pearance of things and holds to the wave theory of business, ho cannot look forward to the post-bellum situ ation with much satisfaction. The im mense amount of capital that has ac cumulated in tho United states may be regarded as a great udvantago to I'm in the competition for world trade, but that capitiil is of little use unless it has something to do. Inanity was made today of a lead ing authority on electrical and public utility matters as to his opinion. He stated that he budgets of that class of companies for if 17 are greater than ever before, and he specified a number of groups of men engaged in that lino of business. It has al ready been published that tho Ameri can Telephone and Telegraph com pany has great things on hand for next year. Tho plans seem to be sim ply for expansion on ordinary lines and in response to public require ments. It is believed that tho Instill interests centering in this city will he much enlarged, and the names of Do lierty and Stone & Webster may be mentioned In this connection. But all these plans are predicated on existing conditions, and those conditions are temporary, because it can not be as sumed that the Furopean war will last many years. What, then, will be the situation of these companies with their purchases of material nt present high prices and extraordinary labor cost after the present pressure is over? One thing ! is certain, and that is that the utilities will be based on a nign capitalization of cost so far as concerns the produc tion of equipment now going on. Then it is a (piestion whether the demand for service will be such that a fair income can be earned. At this point it is found thai the ordinary wise business manager experiences a spiritual recoil. He thinks of the time 'Alien the factories now turning out munitions will close down or curtail production, when great numbers if workers will be out of jobs, and when consequently the demand fr trans portation, light, food and clothes will be reduced. What will there be to do after the war? We shall have plenty of capi tal and plenty of labor. The question is whether there will be such a need or demand for useful things as will i'i r f DIAMONDS for Christmas Why puzzle over what to give? A DIAMOND conveys the fullest measure of regard and remains a lifelong reminder of 'he sentiment that prompts the gift. Wo have them in great va riety, from $5 to $700 Rings, Uavalliores, Scarf I'ins, Studs, Kruoehos any way you want them. We buy, trade and loan money on DIAMONDS and can tunto yon prices that are bet ter than those of ANY WHOLE SALE CATALOG. Back of every sale is our Imputation for square dealing based on years of square dealing. H. YANOW , ext Door to "B" Theater -02 VY. Central. Phone 452 I absorb the capital and labor. Surely jwe shall not need any more Industrial I equipment. It would-seem as if we had enough of that for a decade at least. Some of it will be used in cre jfltiing ll".'.' hnmnn conveniences, and doubtless a ire if! ft will call for much larger activities than at the present time. Probably, too, there nre some ave nues which are yet to be opened for the race is constantly going on to new ithings, but with all the guessing one can do he cannot see anything com mensurate with the equipment of cap ital, machinery and labor that we now have. I tail road 'oust ruction. Tho old field for the teviv.il of bus iness was railroad construction. The railroad authorities say thai there Is i little loom left for the construction of trunk lines In this country; at the Fame time thev declare that something like $1,000,000,000 per year should bo expended for railroad facilities. These two statements may be harmonized, in part, by the need of better termi nals and of enlarged capacity to the lines now existing in the way of big I train units, powerful engines, etc. When that is said one does not feel satisfied that the whole story is told. I As to new construction, many feeders can be built to the advantage of lines I now existing and that of the whole j country. Tho construction of railroad ! lines has run down to small propor tions, being last year about one-third jof the volume recorded in 1913. It is the opinion of one expert not I engaged in railroad business that j "5,000 miles of this ought to be con jstructed next year." Yes, there is i plenty of need, but there is no motive j on the part of capital. The railroad 'men have been discouraged by what they consider unfair treatment by the national and stato governments, and they will not act until there is a new spirit and promise of a fair return on their investment. These are some of the data that must be taken into ac count in the study of this question, but the solution of the problem of "af ter the war" has not yet alighted on this planet. 1 To ncapiKiiiint DnnicK Washington, Dee. 11. Winthrop M. Daniels, of New Jersey, whose term as la member of the Interstate Commerce 5 commission expired December 31, will ; be reappointed by President Wilson. DRIVES 1 OUT I 11 0 COLDS PULSION M'ADOO DISPOSES SI 0FRUM0R5 T T HE WILL RESIGN Gives Out Statement Declar ing That He Has No Inten tion of Giving Up Treasury Portfolio at This Time, IBY MOHNINU JOURNAL C1L tIASIO WIH Washington, Dec. 11. Kvery mem ber of President Wilson's cabinet, with the possible exception of Attor ney General Gregory, expects to re main In office March 4, when his sec ond term begins. It was learned defi nitely today that all of them have been or will be asked to keep their pos's. Reports concerning possible resig nations have centered chiefly around Secretaries McAdoo, Houston and Baker, and the attorney general. It has been taken from granted that Postmaster General l'.urleson and Sec retaries Uinsing, Daniels and Wilson would remain, and indefinite rumors that Secretary Ucdfiohl might wish to retire to private business, were de nied some time ago. Secretary McAdoo today personally denied that he had any intention of resigning. Regarding Mr. Houston, It became known that the officials of Washington university at St. Louis have extended his leave of absence as chancellor of that institution so that he can continue as head of the depart ment of agriculture. Although Secretary linker has been credited with a desire to leave the cabinet, it is learned that in all like lihood he will remain. It is under stood, however, that tliere is a possi bility that he may be shitted to the department of justice if Mr. Gregory insists on resigning, and that Van"e C. MoCormick, chairman of the dem ocratic, national committee, may bo placed in charge, of the war depart ment. In the attorney general's case, tho report about his intention to resign have been very circumstantial and have been generally accepted ns true by officils, although he has given no indication of his intentions. The pres ident has offered Mr. Gregory a seat on the supreme court bench, and should another vacancy occur during the administration It is thought prob able ho would be seriously considered again. CALLES IS CANDIDATE FOR S0N0RA GOVERNOR t.V MOANINA JOURNAL .PICIAL LIARIO W'l! Douglas, Ariz., I ec. It. General Plutarlo F.llas Calles, military com mander of Sonera, letlred Saturday to become a candidate for governor of Kor.ora, according to a report among his friends here today. Ives G. Lelevier, Mexican consul here, paid today General Callus bad accepted a leave of absence offered hlni by general Obregon. minister of war, to permit him I" become a candidate for governor. The consul added that General Calles wvwld re tain his rank in the army, but hud relinquished his command to General Kranciseo Serrano, who was at Km palme, Sonera. General Calles is expected to take a short vacation, during which he will prepare his platform. This will in clude recommendations for a better educational system for the state, new labor and hind laws and other pro gressive legislation. During a recent visit to Mexico City General Calles was said tn have been offered the appointment ns civil governor, of Sonora, but declined It, saying he would not be governor un less elected. He is planning a speech-ninkinK campaign throughout the state. The election will probably bo held in March. VILLA TREATS WITH CONTEMPT, WOMAN'S APPLA1 ! Hogs Receipts 62.000. Market slrailv ,;i to 10c above Saturday's av ;crii;o. I'.illk, $ 0. CO fit 1 ii. 1 0 ; light. $s r, i,t O.oti; heavy, $;i.4or,i 10.15; pigs. Jil.TTi it S.TIi. j Sheep- . Iteceipts 22,000. Market steady. Wethers, $ S.iitiut Sl.do ; lambs, : $ 1 o.ifif.i 1 3. mi. Mrs, Bill not I Damns, Whose Husband Owns Store in Chi huahua, Writes of 'Inter view With Bandit Chief, j Kansas City I, It clock, Kansas City, Dec. 1 I. Cattle leeipls K.,000, Market steady. 1 1 fed steers. JI0.7,r.( 12 OH; we slei'l'S. $li.MI 'it 1 II. ,'.0 ; cows, 1 S Ml ; heifers, $ ii.00 for t U.fiO ;' j $:i..'iii '.i von. ! Hons Iteceipts 1 0.000. higher. Itulk, f O.r.O At !I.!I0; h j J'.i siidi 10.110; packers, $0.70 light, $0 3 .Mil '.I. .". Sheep Kereiptf, 0.00(1. M I strong. 1 jiinhs, f I 1 Mi in 1 2. Ml; $7.MK s.r.o. Sloe M - Kc 'riiue slrrn mi (if kers, arket. ivy U.S.',; arket ewes, XI'.W YORK MONIY M VIUil T. j New York, Dec. 11. Mercantile na-! per 4. per cent; sterling 00 day bills. $4.71 V. commercial Oil day bills, on banks" $4.71 commercial 00 day bills. $4.71; demand, $4.75 cables, $4.70 7-1 6. I'.ar silver 75'ic Mexican dollars- fiSc. Government bond Steady. Railroad bonds Heavy. Time loans Steady. Sixty days, 4'j per cent; DO days and six months, 4ft 4 V, per cent. Call money Strong. High, 10 per cent; low, 3'i per cent; ruling rate, per cent;" last loan, 111 per cent: closing bid, it per cent; offered at 10 per cent. ( MICAGO I'RODH i:. Chicago, D''0. 11. Ruttor. Market firm. Crciimi'iy, 3 1 ( 37c. Kggs Steady. Receipts 1,430 cases. Firsts, 37c; ordinary firsts, 3."3iic; at mark, cases included, 32ft 37c. Potatoes Steady. Receipts 4f. cars. Wisconsin, $ 1 .HO ft 1.00; Michigan, $ 1 . r 'Vu 1 . : Minnesota and rmkota white, Sl.fififd 1.K0: Minnesota and Da kota ohios, ji.r.Ofti.r.n. Poultry Alive. higher. Fowls, lG'ic; springs, 17 Vic; turkeys, 20c. Ni:V YORK MITAI- MARKI'IS. riAMIM UUItUI TION Of BELGIANS GROWS W0RSE EVERY DAY T MOKNINd JOURNAL nr.lAL LIAIIO WIB1 New York, Dec. 11. The situation affecting the deportation of I'.elgians by the Germans is "daily more tragi cal," and the minds of Helgians are turned toward America anil President Wilson, according to a cable message received by Pierre Mali, Helgian con sul here, from Carton do Wiart, iicl giuni's minister of justice. , . The dispatch, dated yesterday at Havre, whs made public today by the committee of citizens which is arrang ing a meeting in Carnegie hall Friday night ns a protest, against "enslave ment of Helgians." The cable message rends: "Situation is daily more tragical. Searching and deportations reach with no distinction men wanting work and men wanting none. "On white linen collar found on rail way of Chenee was w ritten inscription from a teacher of Mons, dragged away during his lessons, and begging to give notice to his wife and children. In Nlvelles, after having hunted for a thousand men and locked them In railway cars for untold destination, German soldiers went through the streets among the despairing, sobbing women and children, singing, 'Floria Victoria.' "Kvery single remaining authority in occupied ISelgium heard with deep est gratitude what the Cnited States is doing for them. They all turn their minds toward true America and the president so nobly championing liberty." New York, Deo. 11. Copper Firm, i Floctrolvtie, first quart'!', S.'IMI'O; j second third quarter, $ 3 L' . r 0 34. on. Iron stcadv. No. 1 northern, $'2!t.fi0 M30.00; No. 2, $ 2 !UHHi 20. all ; No. 1 southern, $'2X.i.O Co 29.00; No. 2, $JS.0o ft2K.R0. Tin Quiet. Spot, $43.00ft43.r,0. l,i:l) AND SPIXTIIK. UPV MOftNINd JO'JMNAL BPf CIAI. I IABIO Wl. Los Angeles, 1 nr. I I . - - I 'etalls of personal appeals to Francisen Villa for consideration at bis hands while he was in control of Chihuahua City are recited in a letler rcceued today from Mrs. Harnett Dannls, whose hus band is proprietor of a gineial mer chandise store there. Tin- letter, to her son, Samuel Dannls, a Los An geles attorney, asserts that Villa was given 1,000,000' pesos after he threat ened to burn Chihuahua City if the silver was not forthcoming. Villa also made tlneals, the letter says, to relieve Americans of all their property and a inn bn -s. The limine sloie was looted. Treated Hit Willi Contempt. "Tin oo limes I went to Villa's head, quarters and asked him" peisonal.y that he not disturb al b ast, out household i ff. els," Mis. Damns wrol. her son. "Villa treated us with lit ter contempt," the h t ,er colli imits. lh would not listen to nii thing 1 askeii him, but said e . i ! hing A nieie a us poi-sesseil now liwng '11 .Mexico would be taken away by tl"' Mexicans, ami that orders bad been given to his men thai what could not be laUen. should be ilestrliyed. The fixtures in our store, the sdiow cases, shelving and Counter:', w, re (lest , e.l. "We stayed in hi ling for six days. Dlirlng that ti'ine, w ha.J to have something to cat and I dnssed like a native woman and in that disguise, I managed to roach Villa's headquarters and also to inlert b w Villa. Had to II. ui' loot. "After looting' the city and making away with about $loO,uoo worth of merchandise, do: Iroying and burning every building that liolonticd to for eigners, Villa, demanded t.lillll.lMiO pe sos 111 silver of I lie varioies resident? ill the city under threat of burning the town. The money he gol. II. stated that he had to have ns much loot as possible, as the expedition to Chihuahua had cost him a great deal of money. "Chinamen and Mexicans were killed by (he scores. Dead are strewn all over the city." l)i -liter l.lwsloel.. Denver, Dee. II, ( 'j 1 1 1 1 Receipts : 3,4110. Market 10c higher. Reef steers. $0,2 'i V '-a . i ows and heifers, $:. 'ill m 7.U0 ; sloekers and feeders, land feeders, $.V 10 ' S.UO ; calves, $S,a0 rn in oo. 1 logs - Receipts .,100. Market iiitrong. Rulk, $0. .'ill Ii O.Oii ; top, $:i.!ifi. i Sheep Receipt,, 1.200. Market i strong. Lambs, $ 1 I .'.u 'u I 2. LTi ; ewes, $7.2.r'(('7.!HI. DISMISS APPEALS IN RAILROAD PROSECUTION (MY MO N N I NO JOURNAL tPICIAL LAf O Wlftll Washington, Dec. II.-- Appeals from New Yolk fedeial coin t rulings .,-.! WE.H2 AllDmftists iBREAK-UP-ACOLD TABLETS (iivm prtinutt p.'AUlt In 4-, '"l IruBUng CoMm ftnti Li-ip '- - I grunting immunity (o Joint L. Hll lard, William Skinner im,l James S. ! I.ltou in the New Haven railroad I prosecution were dismissed today In ! the supreme court by the department I of Justice. The government contended they were not entitled to immunity by hav ing testified in the Interstate com merce commission Investigation, I The decision does not affect fur j ther action by the department of Jns I lice against William Rockefeller and , oilier New lbiveii directors whoso 1 1 tiit for criminal conspiracy to vlo ; late the Sherman nntl-trust law more than a year ago resulted 111 n dls j agreement of the jury. Solicitor General Davis said today he thought no further effort would be made to prosecute Rillard, Skinner and I'M! on. Thi government first nppealed from tho ruling of the. New Yorlt court, but on reconsideration, the de partment of Justice today asked the supreme court, to dismiss it. 1 ' JrV .sw-'r w-i' V"1 tkkdA'. iAK.c;.Mluijto.1 .Mi ' r Blew South Everybody's Pure Cane Syrup Fancy Syrup 1 1 Known throughout the South for their unusual f ,f j;',ootlncss nd looa vamc f J Iltieil fur nil Kvriin t)tirr)0i(s : i Used for all syrup purposes making candy, with hot cakes or just for itself as a mealtime sweet. 10c a can and up. New York, Dec. 11. Lead, $7,110 ft 8.10. Spelter F.nsy. Spot Fast St. Louis delivery, 11 ft 12c. m;vv VOllli COTTON. New York. Dec. II. Spot cotton Quiet. Middling uplands, $D:.0ir Sales, 1,400 bales. Cotton futures (dosed unsettled. Dec, $I7.N3: Jan., $I7.K3; March, $IS,14; May, $18.3(1; July, $1S.3S; Oct., $10.57. livestock m i:ki:ts. Chicago Livestock. Chicago Doe. I I. Cattle- Receipts 2S.0H0. Market st ly. Native beef steers, $ 7. tui 'it I2.0H; western steers, $7.iiil 'it I O.r.a ; st oc Iters, $ 1 00 ft 7.t ' : cows and heifers, $3..Xiift .!,; calves, $n.ri0'u i:i.2.'i. I i r i in 1 t ; : l! w w V A l New Orleans Coffee Company, Ltd., New Orleans, La. L. immm I BRAND J HI mix.M !!!"'' OKI r.ut rnFltl ' i limit k i i t. . an i 1'; of the Rails I :'Onilii.ing on Coal. iris, Dec. 11. The slopping electric elevators today and rationing of light. In apart ments here are under consideration further to economize in the use of coal. Families consuming more than a, reasonable iianlity of gas are charged the prohibitive rale, of one franc per cubic meter for 111'- excess. Plugs incapable of resisting current for tho light of more than thirty lamps have been placed In houses where sixty lamps usually have been burned. -vT,4wm v .. '-t T--r-,-rrrr "T'to,'''',','ii1, i'w,ii'V'm;i,,w'"'"''"''b? 'WMWl'Vk.WWSI1' (iiiiit (ids I'lill's (;at. Santa Fe, Dec. 11. That Foiled States Senator Albert R. Fall was so seriously injured by a pet goat on his ranch that he could not be pres ent at the 0pening of congress on Monday, is the report, that conies from Three Rivers. tcto county. The Angoia attacked him furiously and In self-defense the senator was com pelled to shoot the animal after it had injured him. Jot-uit ollryc for ",v Mexico. Santa Fe. D"C. 11. The Jesuits ai'o looking for a site to locate a col lege or university in New Mexico. Four colleges (ire to be found, one in foh of the four missions In the X'nited State: New Mexico, New' Or leans, the Rocky mountains and Alas ka. There are I.1SU Jesuit fatheis. 7"i4 teachers or scholastics and UjO lay brothers In the Cnited States. Flowering plants mid ferns in genu ine Indian Raskets, only lie, at Clarke's. HEADACHE FROM 11 COLD? LISTEN "Pape's Cold Compound" ends severe colds or grippe in few hours, Your cold will break and all grippe misery end ufter taking a dose of "Cape's Cold Compound" every two hours until three doses are taken. It promptly opens clogged-up nos trils and air passageg in the head, stops nasty discharge or pose run ning, relieves sh k hesdnche, dullness, feverishness, sore throat, tineczlng, soreness and Ml If fries. Don't stay stuffed-up! Quit blowdn and snuffling! Kase your throbbing head nothing else In the world given such prompt relief as "1'ape's Cold Compound," which costs only 25 cents at anv drug tore. It acts without us glBtanee, tastes nice, and causes no In convenience. Accept no substitute. -:;.-.v, '"VyaV JM L i , t ' , V V t " I V . V- ll ! ilf ' . .M I I See Us for All These Electrical and Necessary Household Articles AT YOL'R SKRYICK Albuquerque Gas, Electric Light & Power Company IMIONT. "S A-. -i-.'-'----.W?f-'--' - '-'-::-'"-'- t-r.ft"-''K''T'-'' '" """" , tic