Medford mail tribune. (Medford, Or.) 1909-1989, June 15, 1917, Image 1

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Medford mail tribune., June 15, 1917, Page 1, Image 1

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Newspaper Page TextWE ATIIER Maximum Yesterday S3; Minimum Today 49. Tonight and Tomorrow Pair. Contiimed Warm.' Medford Mail Tribune Dally Twelfth Year! MEDFORD 'OREGON", FRIDAY. .TUNE 1;-. 1917. NO. 73 LIBERTY' LOAN- BILLION 0VER-SUB8C R BED TIDAL WAVE BOND BUYERS BONDS SOID fATTHE FINISH IN COUNTY (niHcations Are That Every District i Oversubscribed Allotment Except Two Over 2,500,000 bond buyers, Showing People Back of the War ' At Least Three Billion Dollars Signed Up For Small Buyers to be Favored Ones, Big Ones to Lose. WASHINGTON, June 15. The Lib erty loan has been over-subscribed by many hundreds of millions of dollars. Treasury officials estimated at 11 a. m., an hour liefore the books closed, that the total of subscription might reach $3,00U,0O0, 000, an over-subscription of 50 per cent. Indications based upon telephone and telegraph reports from all sec tions were at that hour that every federal reserve district In the country, with the possible exception of two, would subscribe Its minimum quota andhat many of tho districts would over-subscribe the maximum. ' 'SliVnir linnnor Districts. ' Four banner districts i'ew York, hicago, Cleveland and Boston ap peared on the face of tho returns at noon, to have subscribed the full $2,-000,000,00-0 offering aione. New York, as was expected, led all other districts by a margin of more than double the estimate. This estimate was made the basis of reports an hour before the books closed In the east.' San Francisco started the day with a sensational advanco from its pre vious report of 52.000,000. The first thing offlcals heard ths morning was that instead of being approximately $88,000,000 under its minimum allot ment, the district was nearlng tho minimum and probably would take Its quota. Apparent failure of the Kansas City and Atlanta districts to reach their minimum, based on early reports, re flected, officials believed, the failure of the cotton farms of tho south and the wheat growers of the west to re spond, as fully us it had been estimat ed Way would. Baby Ikinds Popular. Districts In which are located the great industrial plants of the country reflected a tremendous demand for the so-called baby bonds. Tho $50 Issue will be by far tho most popular, it Is believed. The total number of subscribers to all denominations. It Is estimated, will exceed 2,500,000. This is ten times the number of persons in the entire nation who hold securities of any other sort. The small Investor Is to receive the full amount of his subscriptions, offi cials declared today. Kvery $50 and $100 bond subscribed for, It was said, Is' to be Issued. This presages a wide spread paring down of great individ ual subscriptions. Every community flying the Amer ican flag, from tho Philippines to the Virgin Islands, subscribed to tho loan, Fairbanks, Alaska, the most northern town on the continent, sent a gener ous subscription. From the Panama canft zone subscriptions totaled $250,000. 1 Mc.Vloo's Announcement. Secretary McAdoo announced the over-subscription of tho loan In the following statement: "The Liberty Loan has been over subscribed. (Continued on page six.) SPOKANK, Jane 15. Herbert Withcrsoon, chairman nf Hie Smi kano liberty loan campaign commit tee, estimated Spokane's subscrip tion nt noon today at $.1,400,000, an over- subscription of $100,000, the allotment of $3.:i00,000 being raised before noon. mm or Medofrd Subscribes to $131,400, Ashland to $96,550, Jacksonville 10,000, Central Point $6000, Gold Hill $200, Butte Falls $800, Rogue River $600, Eagle Point $500, Tal ent $200 Few Large Subscriptions Mostly in $50 and $100 Bonds. Medford a $131,400 Ashlnud !),")"() 10.00(1 (i.OOO 2,000 800 BOO fiOO 200 'Jacksonville .... Central Point . Hold Mill Untie Fulls Rogue Kiver . Eagle Point .... Talent Total $248,050 At 12 o'clock noon Friday, tlio hour when the opportunity to purchase lib erty loan bonds erulel, Jackson county had subscribed for $248,050 worth of these "silver bullets." The four Medford bunks reported at noon Friday that a grand total of Ua.1,400 had beer, subscribed thr- these four institutions. The Southern Pacific railroad sub scribed for $10,000 worth of the bonds in Medford, divided in $!."00 lots among the four banks. Ashland Ovor-Subscrilofl. Ashland subscribed for .$!)(i,550 worth, more Ulan $1 1,000 over its al lotment of $85,000. Nine subscribers nl Jacksonville bought $10,000 worth from the Bank of Jacksonville. The nine were: J. V. Bybee, I. W. llugshaw, Jr., Emil Unit, W. CI. C'audil, Mrs. Charles Connor, J, Gardner, Lewis Ulrica, John If. Williams, Miss Lulu Williams. fhe First Stale Hank of Central 1'oint reported sales of $0000 absorb ed by twenty subscribers. Nine per sons in Knglo Point purchased $500 worth of bonds. Gold Mill's total of $2,000 includ ed a $800 allotment by the South ern Pacific, and 8 subscribers. Four subscribers at Talent look $2no in bonds, 4 at Rogue Kiver $000 bonds, 4 at Unite Falls $800. First National List, First National bank, total $17,000. Alice .f. Watt, Alice C. Fitch, "VV. C. Jaynes, Milton S. Jaynes, Leven tine C. Redden, Frank E. Bybee, Dr. J. L. 1 1 i II. M. F. Sheets, Joseph O. Gray, Prof. C. Englehardt, Waldo W. Williard, Peter Young, Dotty Bard well, Dr. Henry Mart, II. Volncy Dixon, Karl C. Gaddls, Florence Kliim. George J. Collins, Walter Bowne, Jr., C. F. Hansen, W. A. Folger, Flor ence Folger Dean, Wm. Ulrlch, J. Orv al Perry, Mrs. Helen M. Brown, Graco Brown. Robert Vinton Deall, Mary Jason Brown, Mary Joy Folger, Helen Ferry Watt, John R. Toinlln, Robert 3'cnry Brown, Asbury Beall, Elizabeth F. Dodge, E. G. Rlddell, Josephine P. Porter, Albert Theodore Brown Ber nard Motor Co., Thomas Earl Beall, Chas. W. English, Geo. L. Trlechler, Chas. Strang, Ann Maria Beall, Helen N. Yockey, Mrs. Oris Crawford, J. E Stewart, Glenn O. Taylor, Robert R (Continued on pago six.) NKW YORK, June 15. Trading in liberty bonds begins on the New York sloek exchange at noon today. The governors of the cxehnngc decided to li-t the bonds on the exchange. They will be dealt in for the present "when issued." The initial transaction in liberty loan bonds, trading in which began on the New York stock exchange at noon todav. was above pur. A lot nf $10,0110 sold nt par nnd 1.50th. The next lot, $20,000 old nt par. MAILED FIST 10 AVENGE INSULT TO GREEK KING Kaiser Hears News With Wrath and Says That Mailed Fist of Germany With Aid of Almighty God Will Restore Constantine to Throne of Which No Man Can Rob Him. BERNE, June 15, British admir alty per wireless press. A telegram from Berlin says Emperor William has addressed the following message to ono of the Greek diplomatic repre sentatives abroad for transmission to Former King Constantine: "I have heard with wrath of the infamous outrage committed by our common enemies upon you and your dynasty. I assure you that your de privation can he only tomporary. The inallod fist of Germany, with further aid from Almighty God, will restore you to your throne, of which no man by right can rob you. The armies of Germany and Germany's allies will wreak vengeance on those who have dared so Insolently to lay their crim inal hands on you. We hope to wel come you In Germany at the earliest opportunity. A thousand cordial greetings from "YOUR WILLIAM." ATHENS, June 13. (Delayed.) INo disorders followed tho departure of former King Constantino. No foreign troops have entered Athens and their presence around the city Is almost unnoticed. Senator Jonnart, the French envoy, has in formed the government that freights held up at Salarois will be delivered immediately and that ships bound for Piraeus with wheat, maize and coal will be ordered to proceed to their destinations with tho least possible delay. CHICAGO, Juno 15. Three hun dred and twenty-five million dollars, sixty ifive millions more than the quota. This was the official estimate nf the subscriptions of the seventh (Chi cago) federal reserve bank district when the Liberty loan books closed nt noon today. The district includes all of town, the southern peninsula of Michigan, and parts of lllonois, Wisconsin nnd Indiana. At 0 o'clock last night the standing of these sections was: Illi nois, $1:18,223,1 00; Indiana, $21,805, 050; Iowa, $20,1(15,850; .Michigan $41,li;i,!IO0; Wisconsin, $17,042,250. The Chicago district Liberty loan went past its quota of $200,000,000 shortly alter the counters resumed work this morning. A high official oof the federal reserve bunk predicted that lite loan in this district would be oversubscribed by $40,000,000 SAN FRANCISCO, June 15.-San Francisco, nt 10 n. m. loday had over subscribed her allotment of the Lib erty loan by more than $:i,00d,00l anil was still "going big,'' it was of ficially announced. Officials said the twelfth reserve district almost surely would meet ils allotment of $100,000,- 000. BONDS UNTIL FAIL WASHINGTON', June 15. Score tarv McAdoo, announcing the over subscription of the two billion dollar offering of Iho liberty loan today said he did not think there would be another offering nf the remaining three billion authorized by congress lulore this fall, FIRST AMERICAN FLAG ON FRENCH FRONT First nrilciul American ll"K on the French front, flying over the French tri-color lx-fbre the aviation camp of tho Lal'iiyetto squadron, which is com posed entirely of American aviators. This flag was presented by Orange, New Jersey, Klks. Tho American flyer standing lxsido the fight lag ma chine is Corpora! Ilvard lllnklc of Cincinnati and Minneapolis, a graduate of tho Paris llenuv Arts, 10 EXPECTATIONS SKATTLE, Wn., June 15. The lib erty loan cominiltec estimate's Se attle's total sabscriplipn at $0,000, 000, not counting investments made by corporations and credited to the city. Allotment was $8,200,000. To tal for state unobtainable. WALLA WALLA, June 15. Com plete official figures for liberty loan in Walla WaHa district: Allotment $1,0110,000; subscriptions $1,010,050. Number subscribers 00. Over-subscription $10,050. KVERKTT. June 15. Everett's uhscriptiun to liberty loan at noon t oda v : Subscriptions $181,100; allotment. $:)!)0,000. TACOMA. June 15 Tiieoma lib erty loan bonds ami ant t $2,104.- lot). the amount a lotlcil was $2, 200,000. Ovcr-siibseription $2'M, 750. BKLLIMIIIAM. June 15.- Sub scriptions to the liberty loan at noon today were $850,8511, or 70 percent over this city's allolmciit of $500,0110. NKW YORK, June 15. New York has over-subscribed its quoin to Ihe liberty loan hv manv hundreds of mil lions of dollars. Aftho at the clos ing hour of noon the tabulators were at least six hours behind in record ing the tidal wave of subscriptions that have been pouring in since yes terday, it was estimated the total participation of llic New York fed eral reserve ilMiii-l would amount to at least $l.200.iioo.i"IO. The first sale id' the bonds of the New York stock exehangc was at par and 1-50. Laler one lot of $25,000 old at 0 Hand I0-50lhs. The next sale was again at par. UTAH OVERSUBSCRIBES ALLOTMENT OF BONDS SALT LAKE CITY, Jane 15.- I tali over-subscribed her allotment of lib erty bonds by $2,500,00(1. Siibscrip ttions in (he stale total $0,000,000. I SAN FRANCISCO, Jane 15. The liberty loan was fully subscribed in Ihe twelfth federal reserve district, it was announced here at noon today. Officials said figures might not be available for days, but that in San 1' raneisco subscriptions ran more than $:i,000,000 over the $42,000,000 allotment. The allotment for Ihe dis trict was $10(1,000,000. In n telegram to the new member John Pcrriii, clinirnuin of Ihe twelfth district federal reserve bank, pro noiinced llu! event "all affirmative and patriotic step for unifying nnd si rcngt liening our banking system so fundamentally essential in litis time of national crisis." San Francisco banks were swamp ed w'ilh eleventh hoar applications, Long rows of woald-be purchasers stood in front of the windows, and extra clerks were assigned lo take care of them. LONDON, ,l,ini- 15 Sinn l-'einers of Ka-t Claii have; df ided to colllct the seal ill parliament a eatcd hv the death at the front ol Major William Redmond. They bav chosen as candidate l-.dward He vi lorn, formerly a professor in llubl university and sentenced to dcalh l'i his connection with the Sinn Fe revolt. His scntellec was eominiiti in penal servitude for lite and ho now in jail. MINNEAPOLIS, Juno 1 5. Liberty loan subscriptions in the ninth fedor at roscrvo district will total between $1)1', r,i)0,oii) and $i;ri,(ino.iMio, accord Ing to official estimates. The dis trlct's minimum quota was $10,000 000. Montana made tho bent showing In the district, more than doubling her quota. mm urges SPEEDY ACTION ON FOOD BILL President Throws Personal Force Behind Measures to Force Program Thru Ahead of War Tax Bill Government to Commandeer All Shipbuilding Contracts. WASHINGTON, Juno 15. Presi dent Wilson threw his personal force behind tho food bills today with the result that the senate will begin work on the control bill tomorrow and may put It thru ahead of tho war tax bill and other measures. The house has nuulo provision to take it up Monday As a result of the conference, the food control bill was Introduced in the senate lato today by Senator Chamberlain. Chairman Gore of tho agriculture committee did not intra duco It because he opposes so many of Its provisions. Commandeer Ship Contracts. Stoel shipbuilders called here today by the shipping board and Major General Gocthals, chairman of the emorgency fleet corporation, wore told that tho government would com- mandonr immediately all shipbuild ing contracts. There Is no present intent ton, they worn told, to com mandcor tho yards themselves. ( Tho government has power to com- mnndcer shipping and shipbuilding facilities' under tho war budget bill signed yostorday by President Wilson. Thoro la building in tho steel yards of the country now nearly 2,000,000 tons of shipping, more than 1,000,- 000 of It for British account. Under an arrangoniont reachod botweon the Aniorlcnii and llrltlsh governments tho llrltlsh tonnage, building will bo turned over voluntarily to the United States. Tax Kxeniptions. An income tax exemption allow ance of $200 for each dependent child of II taxable parent mid reduction of the two cent stamp lax on bank checks to one cent were decisions reached today by Ihe senate finance committee revising the war tax bill. 3 BELGIAN RETREAT HEULIN, June 15. Rclircmcnt of the (tcrman forces at two points on the front in Belgium is reported in today's official statement. The Ger man were pressed back by the 1 it-it -,ish between lloltebcke and the re gion of the River Unlive and also southwest of Wanielon. PARIS, June 15. Recoiinoitcriug parlies were senl out by the (ler iiialis last night in the Ycrdiin see tor at Hill HOI anil on Ihe heights of the Meuse, Ihe war office announces. They were caught under the French lire and dispersed. HKATTLB, .1 mm 15. Lake Union, a largo fresh water body In this city, becamn part of the harbor loday by tho completion of a bridge across the Lake Washington ship canal. Any merchant vessel In the world may now enter the lake by use of the gov ernment canal from Paget Sound. An uncompleted bridge delays. the open ing to ships of Lake Washington which empties Into Lake I'nlon. NEGROES KILLED IN BOMB EXPLOSION I'.IKMINIHIAM, Ala., J 15. The piess riioia of Ihe black powder mill of the Aetna Kxplosivcs com pany near North lliriuiiigliuni ,was demolished today by aa explosion. two negroes were killed and another injured. The properly damage was negligible, NEW HE BY BRITISH GAINS LINE Haig's Forces Strike Another Blow on Belgian Front Near Messines, Winning All Objectives on Seven Mile Front Germans Unable to Stem Tide of Victorious Enemies Berlin Announces Retirement at Two Points French Inactive. LONDON, June 15. The llrltlsh struck another blow last night on the front noar Alessiues the war office announces. They gained all their objectives, advancing south and cast of Messines and astride the Ypres Comlnes canal. The British now occupy the former front trenches of tho Germans from tho river Lys to tho river Warnavo. As a result of last night's operations and the constant pressure exerted, the British have advanced their lines from 500 to 1000 yards on a front of seven miles. , All Objectives Rained. Tho British campaign In Belgium gives signs of developing Into ono of tho most important of the war. Tho Germans apparently are unable to resist tho pressure being constant ly applied to them and are being forced back at a comparatively rapid rato. ' , Today brings tho anouncement of another considerable advanco by tha llrltlsh in this area. They attacked last night In tho region south and east o1!' .Messines and on both sides of tho Yprcs-Conilnos canal, gaining all their objectives nnd capturing ouo big gun and seven mnchlno guns, together with 150 prisoners. Tho front lino In tho British of fensive movement extends for a dis tance of nbont seven miles from tho village of Klein Zlllcbeko south to tho river Warnavo. Last night's at tack, tho culmination of constant pressure, yielded General Plumer'a troops tho German front trenches between the Warnavo and tho Lys, besides additional ground moro to the north In the sector betwoon Ypros nnd Comities tho official slatomeut indicates. I'liilhcr itelmil. Likely, Signs of a probable further retreat of tho Germans are, not wanting. Corespondents havo reported tho withdrawal of the German big guns in tho area east and southeast of Messines to tho extreme limit of their range The llrltlsh artillery command of the sILuatlon seems to bo almost wholly respnusthlo for this and othor yielding tendencies of tho Germans. Tho British big guns secured their ailvantage when Messines ridge, tho only commanding eminence In the re gion, was stormed at tho opening of tho offensive. General llalg's illspatchcB havo In dicated that Important developments might be expected to grow out of the offensive In Belgium and his predic tion appears to bo In tho way of bo Ing made good. SONKJf U-BOATS LONDON, ,Ju m- Ki Tho sinking o M'vrrnl riiotv Norwegian vcmnolrt by (ii'tui.-m Mibiiuirmes with considerable hu--i nl' life is reported by the Nor wiiim t'nn i-n office us umitt'd in u (Yntnil News li-mt'h from Coptm- lliip'ti, in Inflows : Siunm, sleiuni-r, 2uS Ions rosn, cii'W ri'x'unl. I'lmm't. sjiilinir essrl, driven ;i-lnttv mill M'l'iutily diinijiyrd by Rim lire, rn-w uiisMnir with Ihn exreption of mil- man wIhim? bmly was found, Yimirs, M miner, 11(1" tou, only .four no'ii sjivrd. Sylvia, snilinif vewl, ITU tons, crew n-sriH'd. ('nnduie, suiting vossol, 393 tons, crew rescued.