McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 25 Jun 1914, p. 7

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1>1LAIN»EALFK, v *.*••• ,*-̂ S *..*• «-- t **?SK vi £$1 iWV?;; - f!3lKX&772Zr&r : >T7* >•- "':' i ":?U,'l'y i n k ip ifT£' '*3 *-%. >•'• -<»; Refreshing THB COCA-COLA CO., ATLANTA, G*. British Cfub Members Have Pe- m culiar Idea of Cruises ̂ [ M _ Idea la to Vlait the Moat Unfrequented Places en the Earth and 8pread %•[v. TD-pir • HAT undoubtedly is the moat unique sign language employed anywhere in the world is to be found fai Chicago. It Is different from other Eign languages In that It la called into use only be­ tween the hours of 9:30 a. m. and 1 p. m. each week day, and because of the fact that before and after these periods its users depend upon ordinary methods 'of speech for communication. - But perhaps the most remarkable feature of m tikis sign language lies in the fact that its charac- *v- tera while only nine in number are each of such U far-reaching Importance that thousands of dollars are Involved practically every time one of them v Is made. ;3 This extraordinary system of communication Is •_ the means by which brokers on the Chicago ^ board of trade conduct their business of buying and selling on the open market. It is peculiar to this institution, being unlike that used on the floor of any other exchange In the world. To the casual visitor 'watching the crowds con­ gregated about the different pits during the times of a flurry in prices the signs used by the traders have no Intelligible meaning, but to the expe­ rienced trader a simple movement of the hand attracts attention and at the same time conveys all the Information necessary to oonsummatfe a deal. r TJiis sign language has developed with the growth of the board and its use has long since become a necessity. The turmoil and hurly-burly resulting from a thousand traders seeking to attract .attention In the excitement of the hour, added to the click of hundreds of high-keyed tele­ graph Instruments and the noise of a small army of messenger and errand boys scurrying about, makes articulate speech practically impossible. Then, too, the eye is quicker than the ear, and the signals given with the hand or by a gesture r of the, head mean as much as a telegram to the party addressed and frequently permits the clos- lng of a trade, when, if time had been taken In •'Mjjfzh an attempt to reach the side of the party making an offer, some change might have taken place In the market and the opportune moment would * have been lost. The sign manual of the pit trader la simplicity itself, and with a very little practise anyone can become adept at it, although, of course, this does not mean that it will perfect him as a master In the strategy and generalship demanded of a good broker. I\>r Instance, wheat having sold at 90 cents, a trader catches the eye of some one opposite in the pit who has 50,000 bushels to sell, and partly by telepathy and partly by a motion of the clenched first, signals that he will take the "50" wheat at 90. The seller, in reply, holds up his right hand with the index finger extended horizontally, indicating that he wants % cent more than the price quoted, or 90% cents. The buyer motions acceptance and signals back The seller and buyer then note on their cards "Sold *0 at Hi Jones" and "Bot 50 at % Smith." respectively, the number of bushels bought and sold always meaning so many thousands. After leaving the pit the two traders meet and check the operations. V All price* are indicated by tktt hand and Angara »•• 27zsnz??J CHEeKmgziFDZAis when held In a horizontal position. The clenched list means the price In even cents. Each out­ stretched finger, the fingers being spread apart, represents an added eighth of a cent up to five- eighths; the extended hand with all of the fingers pressed together means three-quarters, and the thumb only signals seven-eighths. The hand dis­ played vertically refers to quantities, each ex­ tended finger meaning 5,000 bushels up to £6,000 for the entire band. Whether the grain is being offered or bid for is shown by a slight motion of the hand to or from the trader making the signal. The official reporter stationed in each pit sees all this signaling,- and partly by observation and partly on information given him by the traders, notes the latest price and gives it to a telegraph operator at bis side to be "put on the ticker." Thus the price of ^rain is made every moment of the session and transmitted to all the markets of the world. While the visitor who sits In the gallery over­looking' the floor, and who understands nothing of what is going on below, is likely to be im­ pressed with the thought that he is looking at the vitals of a lunatic asylum, there is really no other business so well organised that one man will ac­ cept a nod and a shake of the finger for thou- that it Is a business tract, either written cft> the contracts to whicft tlon 13 a p~rlv. No i legal technicalities, w§ the association to abs^ ing compliance with evi­ and constant market for the sale of grain and pro­ visions, independent of an Immediate, actual, existing c o n s u m p t i v e d e m a n d . What is more important to the agriculturist, it pro­ v i d e s h i m w i t h r e a d y money, which in turn finds Its way through the coun­ try stores to wholesale merchants - in great cen­ ters of trade, and, more than any other measure, keeps the complicated ma chinery of business in har­ monious activity. It also has the effect of bringing to the knowledge of the grain dealer and the farm­ er all facts which are nec­ essary for them to know, in order to arrive at the Intrinsic value of their grain, as measured by the supply and the demand the world over and the year through. Under its operation, all information concerning the movement of grain, and of the mar­ kets of the world. Is placed at the service of the pub­ lic. In the arena of speculation every buyer and every seller is a free lance. If the "bull" thinks the "bear" has pulled down the price of next May's wheat lower than the crop prospect* war­ rant, tbe "bull" puts his neck and horns under the quotations and hurls thpm upward. They stand there, to change the figure, like two game cocks. There can never be an alliance between these two opposing interests. But between these two self interests equilibrium is established. Unfortunately, the public knows to Its sorrow the methods of the bucketshop better than it does the legitimate boards of trade. Bucketshops in outward appearance are exactly the same as the offices of a private wire company. They are Intentional counterfeiters. Bucketshops do not trade in grain at all. They simply bet with their customers on the fluctuations and frequently hold back or make fluctuations to suit themselves. The real broker, however, who is a member Of regular authorized grain exchange wants his cus­ tomers to make money, and if it is in hiB power, they make money. If they don't he knows that he will lose their trade because their commission Is all that he makes. It is interesting to trace the handling of a car of grain from arrival until it is delivered into the elevator. First, it is necessary to provide -v-y information on Their HP turn to Civilization.'/' Love of the sea and the spirit of ad­ venture led a number of gentlemen- surgeons, barristers, bankers, city men and others of independent means--•to join together a few years ago and found a yachting club distinct from all others. Their object, says a writer In London Tid Bits, was not to race, hut to explore the nooks and corners of home and foreign coasts, adding to our marine knowledge, to issue new charts and encourage cruising among enthusiasts. Cups are offered annual­ ly for meritorious cruising work, the logs of the winners being printed In the club's yearly journal, which Is is- j sued for private circulation only. The public hear little of the doings of the Royal Cruising club, as it is now termed, for it Is on© of the most exclusive clubs in the country and a couple of hundred yachting enthusi­ asts are usually awaiting admission as members. One of the leading members of the club Is Mr. Justice Channell, who can sail a small boat with the best. His expert knowledge may be gathered from the fact that*to him falls the task of awarding each year the chal­ lenge cups already referred to. And Mr. Justice Channell's report of his award, which the writer was recently permitted to see, reveals some aston­ ishing stories of adventurous cruises in small yachts accomplished by va­ rious members of the club. In a seven and a half ton cutter called Lone Wolf, Mr. H. R. Carson, who was awarded what is known as the Romola cup, cruised in the Baltic from Copenhagen to Kronstadt and back to England (2,731 miles), with his sister as his only hand. Another noteworthy feat Was that of Mr. J G. H. Cockburn In an eight-ton yacht, with no motor, who, with his wife as his only hand, sailed from Hambla to Dartmouth, across to Brest, and down the French ooast and back (874 miles) in 27 days; while Mr. Arkell, accomi panied only by his daughter, sailW their 12-ton cutter Nova from tbe Clyde to the north and east of Ire­ land. Fine weather, of course, considera­ bly minimizes dangers of such cruiseB. Some idea of the risks taken by the members of the Royal Cruising club, however, may be gathered from the story of the voyage of Cai>t. Gordon Shephard, who, in a 28-ton craft, As- gard, with only a crew of four, In­ cluding one paid hand, cruised up the Norwegian coast to Bergen, then across to Lerwick, the capital of the Shetland Isles, and by the way of the west coast of Scotland and the north­ east of Ireland reached Holyhead. He met with constant gales which split almost all his sails, carried away his bowsprit and caused many minor mishaps; but nevertheless he brought his ship through all this without In­ jury to himself or any of his crew--a feat of seamanship which has won the admiration of everyone who has read an account of thb cruise. 4'?-;-' Is.",-' fr- ^ - •» sands of dollars without . hatchery established at sprmg-"<Tn»~Section of cars from thieves after the this spring by the Illinois Game and Fish commission is expected to turn out tbisyear^omcthhiff like threo mill­ ion bass fry to stock the streams and lakes of northern Illinois. The hutch- .,ery,- which is yet undeveloped, com- of his business oWigatnt rMtofaboutthi fiye avoidance of such oblipji : ,, . , ,, .. „T. , A a jury, not of a court, |he land bein^leased from the Wieland peers, and 1s not permUpairy company. It is planned to di- and Intent of his pro i v i d e the tract into seven or eight hatcb- from his responsibillti/ ing ponds and when the plant 1B bom- chant. When It is pleted it will have a capacity of about year more than 500,<HK'; ten miHi0n bass fry a year. At the been dealt In on the Up^gent time about twenty-five acres >r WASHING GRAVEL FOR GOLD Most Primitive of Methods Employed Is By Use of Running Water and Gravity. system employed ia aPP^re under water and the pond is stocked The system of buying. , , ,. , . ,, delivery, as applied to !»>"> breeding bas» now spawning. Be- practised upon and safef°re o^her ponds will be com- the grain exchanges locapleted and stocked. A hatchery is also markets, is much discuss be built at Spring Grove with a there Is more or less mifcpacity of about fifty million pike- devised solely in thfe intpepcjj fry a year. it ig planned to have interior grain buyer. It hatchery completed in time for cal marketing of the c. ext 8prjng>8 hatching. The perch fry West, and crea es an matched at Spring Grove will be plant- in the lakes and streams of north- v fl»car or hydraulic mining 4a- the art of separating gold from gravel, sand, or clay, making use principally their subsequent sorting by water, ^rn Illinois that are best suited for this The disintegration may have been ac- kind of fish. Announcement is made complished by any one of sevesal the state game and fish commission agencies, or a combination of two or j8 just getting under way an or- more of ttem. Tile rocks may have g-anization for fish hatching and rais- been broken and ground up by glacial jug that will make Illinois the great- action, piled in the valleys or on the #ot>4ishery state "J ^e union, and it is j sldM of mounts,,, and hills as mo- j ,*rd Jfetataiery «SprlngGro.eJI raine8, and subsequently distributed ! would have to contain'fo Worth of re e neighborhood of the city. Railroad rule, are located in remote parts of and this remoteness, together with at they attract to their neighborhood petty pilferers, makes special protec- arv. For this reason the Chicago rude maintains a detective service, ival. under the protection mentioned, licla.1 handling of the contents of a occurs when It reaches the Chicago irds of any given railroad, whereupon e broken by an employe of the state tion department, to permit inspection Tig by the state Inspectors and the i gents. The cars of a train are then d ordered to the various unloading as public and private elevators, jses, mills, and some large wholesale where they are unloaded and weighed pervlslon of the board of trade welgh- Bnt, which has stationed at each of "tone or more men to look £fter such atvhen unloaded, Is thoroughly cleaned sipt with a broom, In order that all u ie accounted for. ' ng it to settle through water-beme jravel by pieans of Its greater weight, 't settles on canvas, carpet, woolei blankets, or In mercury held In riffles on the sluice bottom. All of t$e*e tire makeshifts, though, and are for handling small amounts of high-grade material, while the real business of hydraulic mining is carried on by of running water and gravity. The j by the action of streams or rivers. i covertible gold per cubic yard to make vrorking immense quantities of low- deposits which art sueoeptibl* to - Having then, flhe particles of me- i it pay. Various hand devices have grade material by means of compli treatment of tMs sort have been | tallic gold distributed through a mix-1 hern used for gravel washing, among cated and expensive labor-saving ma formed by the breaking down and j ture of gravel, sand, and clay, but i them the rocker and long torn, both scattering In gold-bearing rocks and ] not attached to any of it, the prob-! of which.separate the gold by allow- chine^. at a minimus) • '"frfi- QOffjir- Engineering Magazine^ ' - "1 1' It was the same yacht that the own­ er, Mr. Ersklne Childers, made a cru­ ise of 2,500 miles out to and in the Baltic. Chatting about Mr. Childers' voyage, the editor o? the Yachtsman remarked to the writer that it was one of the most remarkable voyages of its kind in recent years. As he pointed out, Asgard was not fitted with a mo­ tor, and without one the constant navi­ gation of narrow, rocky channels must have been extremely difficult. The journals of the club tell of many other venturesome voyages by these amateur yachtsmen--trips across the Bay of Biscay in terrible weather and single-handed voyages in five-ton cut­ ters in the Baltic, successfully carried out by members of the Royal Cruising club, who own altogether over 200 yachts and boats. Many of them are doubtless inspired by the feats of yachtsmen of years ago ---Mr. Sidney Bert, for instance, who, In 1864, took out a 25-ton yacht to Sydney, making a voyage of 16,000 miles Jn 130 days, and the feat of Capt Wylie, who took a 33-ton yacht named Spray from Cowes to Hobart Town, Australia. Previous to this, a still smaller cut­ ter of only 22 tons, the Teaser, had made voyages out to the West In­ dies and back; and the performance of quite a little boat, Pet, of only eight tons, which went out on a cruise to the Baltic and back, may be enumerat­ ed among the records of long. cruises' and passages undertaken by quite small sailing craft, as proving that siee is by no means necessary for safety, though very essential to com­ fort, In deep sea Bailing. ^ : No taore. Mrs. Nelson O'Shaughnessy's daring presence at the wedding of Huerta's son Is only another proof of a brave woman's pluck. Mrs. O'Shaughnessy, at the Colony club in New York, derided one day the idea that woman was weak, or cowardly, or that she need ever play a limited part in the world's affairs. "Well," said a lady of the old school, "I know one thing woman can't do. Ske can't reform a man after marriage." "No?" Mrs, O'Shaughnessy said. •"No? And yet I know many a married man who in his bachelor days smoked 26-c^nt cigars." ' Life may be a bore even to the inan who isn't one himself. MONARCH'S ACT SURPRISES Old Lady Thought It Undignified Thill British Monarch Should Blow His Own Nose, When King George of Great Britain came to the throne there were wild rumors that he took so little interest in horse-racing that the turf' would suffer. Thi3 year, however, his maj­ esty has attended a number of the bis race meetings. One recalls the story told of an eai^ lier royal visit to Doncaster. An old Yorkshire woman had gone on the course for the sole purpose of seeing royalty, and she called out excitedly: "Which is , the king? Which Is tha king?" "There he is," said some one near. "That's him with the handkerchief la his hand." "Ah!" gasped the old lady, a touch of reverent awe In her tone. t Just then his majesty, who had • cold in the head, performed a com* mon place little operation. "Goodness me!" the old lady ex­ claimed aghast, "tie--he blows m own nose! ' N Mistaken In the Portrait. "./% Menzel, the German artist, waa fa- regular patron of a certain Berlin "Vcjr" wine'shop. One day a man and wite ;" came in and sat down at his table; and presently Menzel noticed that th» woman was making fun of him. :<:|j Calmly he drew out his sketching book, gazed at the woman awhile, as if to study her face for a portrait, and . then commenced to draw. Her hue- band immediately took notice: "I for- '|M bid you to draw a picture of my wife. - Stop it!" he exclaimed, angrily. -ft1 '-""I Menzel made a few finishing touched ^ and then passing the sketching book ^ over to the man, he inquired, with a ' • J laugh, "Is that your wife?" He had M ^ drawn a goose.--Youth's Companion* .J? $ Married Men Outlive Bachelor*"'- " .-l The latest statistics Issued by the • city of Berlin show, among other * 4, "~j 'things, that married men there live • ^ considerably longer on the average than bachelors. The percentage of deaths among wives, on the other Jff' f* hand, is greater than among spinsters, •*' p' vi": owing principally to mortality att^em^ Jil '.gl lng childbirth.--New York Time*. Vk China in 191S exported worth of peanuts. Post • j» / -4< : . * i $ V -J A The kiddies need something that is dainty and appetizing, don't they? And you want to be sure that they have a food that is easily digested--one that will not disturb tlieii sleep. Post Toasties are surprisingly good at any time. They are made of the hearts of the finest Indian com, peifecdy cooked, delicately sweet- •~Tand sited, tolled into thm, ribbouy •\fiake3 and toasted to a crisp, golden brown. They have that indescribable flavour- sweet and delicious, that so delights the taste* Just pour from the package and add cream _*nd sugar, or sprinkle over fresh or fruit . . " * • ' • v . . Easy to serve and mighty good. The Memory Lingers .•"I < ' f m | --told bur GrkSsfs every wlunk* ' f i : • -Mi €* 99 mmm •ft If sfi&K i 1 • •I f f -v - . 1 ' •4s; stl- . >-> Mi V'^F 'a*.-: * - f1r- " I 'S uj &

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