Show RATES FOR MONEY I CONTINUE TO ADVANCE Accepted Draft Declared to Have Advantage Over Ordinary Account P As war is s s on one of o the he most most efficient methods devised elc b by man for destroying capital the progress of ot war I la is usually accompanied by Py a gow growing In scarcity of or capital which naturally leads to hl higher her Interest rates In all al countries engaged ed In the present great eat war tho tIto tendency of mone money rates has b ben been en steadily upward and although our government ha had no trouble In placing In ing 3 per por cent loans before the war we have seen seon successive Liberty loans ht at 3 31 per cent cent 4 per ler lWI cent and anc now 4 per cent sa 8 says s the Boston Commercial Bulletin This Dila in Iii yield of government bonds In addition to motives of or patriotIsm patriot Ism has result resulted ll In tho the withdrawal of or considerable sums from rota savings fa banks where Interest t rates are arc seldom above e 4 t per cent cont and to protect their depositors the officers of or savings a banks bankHe are e obliged to increase Interest rates on the renewal or extension of mortgages that come como due and to refuse almost all al applications for new mortgages Cs The Increased burden hurden of the hl higher Interest on a mortgage age often oten o makes a crushing load for Cor the man that mortgaged hl his home to hu buy an automobile automo automo- bile bie s a-s well as for th the real estate operator operator oper oper- ator who finds rinds the cost of carrying his property rt mounting while prospects of or a n profitable sale arc aro ta fading When hen monc money Is scarce an any honest anti and sate safe sart method of o making one dollar dolar tb do co the work worl of two should be welcomed and the he chambers chamber of o commerce of or the country country country coun coun- try have ha lone done cone will wi In advocating a greater great great- eater eat eat- er use UM of trade acceptances Trade acceptances arc are so seldom elom seen In our financial transactions that tha It I ma may be bo necessary to sa say that an acceptance Is a draft drawn b by the seller ler of or goods goodson on the purchaser a and c sent to the thc latter later for his acceptance The purchaser writes writer the word worth accept accepted cd across the face of or orthe the draft stating when an and where the draft raf will wi b bo be paid pall and signs his name The accepted draft rC can then bo ho placed In the bank hank for collection and If I the ac acceptor acceptor acceptor ac- ac be financially responsible the man who sold the goods can get gel Increased ac accommodation accommodation BC- BC at his bank for a large larse part of or the amount Involved without waiting for Cor sixty days or whenever el the draft Is to tob tobe tobe b be paid Th The accepted draft ha has one enormous advantage anta ad e over the ordinary trade ac account account account ac- ac count that appears merel merely as a J ledger lodger Item Iem under bili bills bis receivable in tho the fact that tho purchaser er males makes written ac acknowledgment acknowledgment nc- nc of or the amount he has agreed to pay and anel the date dat that he ho is II to pay p It I This Thin IB is 11 no hardship to the man I that his business on lines of or Integrity and businesslike methods and It I I c fn t f n th Al nn I i I I I I I un un i p o dealers Every ery man that sells els goods oos on anything anything any any- thin thing but a C C. O. O I n. n basis knows that tho the thoI longer you rO rOwal wait sait wal after aCer goods oos are arc delivered the harder It Is to collect payment A certain type of ot man n never ver pays las la's a bill bi It Is first presented After ACer receiving reedy reedy- ing several hills bills his and dunning letters leters he asks for an Itemized bill bi and after hol holdIng holding hold hold- Ing Ina the Itemized bill bi for tor a a month or so 80 he caim claims that the tho price Is not right or that the goods arc ars art not exactly what ho he ordered R Rather than go to court and waste more time the creditor will wi often oCten allow himself to be cheated and accept In settlement an amount much less than Is duo due him If It l the trade acceptance will wi make mak It I easier catler for tho business man to collect promptly Is owe owed to him and make It harder for crooked traders to do business business busi busl- ness let Jet us encourage its Us use as much mucha muchas as a possible CHICAGO PRODUCE CHICAGO 20 Corn O. Cor Corn No 2 yellow yellow yellow yel yel- low nominal No Mo 3 yellow No Xo 4 yellow c. c 0 Oats Oats tl No 3 white hUe S 1 S C standard Oats Oats No 3 white standard Rye Rye neNo Xo 2 2 Barley Barley- Barley I 1 40 Timothy Timothy 00 flO Clover Clover- cr Clo 2800 Pork Porle- Porle lork Nominal I Lard 2485 Jarc 2485 I Ribs 2240 2302 PREDICT INCREASED OUTPUT I Officials of or the Midwest l west Refining compan company com corn pan pany and the Oil 01 corporation I have lifted their sights somewhat as tho the result resul of or the completions of ot the week and I now E say pay that before the winter clo closes es In Inthe inthe the Big BJ Muddy field will sill wi be producing i at least barrels barels a da lay day of or which crabl tile tho Merritt moro more corporation than half haI will wl have ha e consI considerably consid consil- cons |