davidaulloa/AmericanStories huggingface dataset:
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20
FEW CENTS DESTROYS YOUR
DANDRUFF AND STOPS FALL
ING HAIR
Save your hair! Make it thick,
wavy and beautiful
try this! ~

Thin, brittle, colorless and scraggy
hair is mute evidence Of neglected
scalp; Of dandruff-that awful scurf.
There is nothing so destructive to
the hair as dandruff. It robs the
hair of its lustre, its strength and it's
very life; evidently producing a few
erishness and itching of the scalp.
which if not remedied causes the
hair roots to shrink, loosen and die
then the hair falls out fast. A lit
tie Danderine tonight-now-any
time--will surely save your hair.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. J. B. Clark was a weekend
visitor to New Orleans.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20
Personals

TODAY'S TEMPERATURE
Thermometer reading at $3.50
Sc degrees.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

The merchant who advertises gives
and, always, some of it is about the
you a daily budget Of store news
things you plan to buy.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mrs. C. Downing and daughter,
Roberta, of Berwick are visitors here
Monday.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. Willard Darce spent Sunday
with relatives in Jeanerette.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. H. Roes has returned from .
buying trip in the East.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Miss L. Hebert Of Patterson was
the Sunday guest Of Mr.. and Mrs.
Joe Hebert.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. Joe Lamb has returned from
a visit to relatives in Orange, Texas.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Messrs. VIM. Gooch and Scuddy
Perkins Of Patterson are visitors here
today.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Misses Kate, Alice and Mildred
Chestnut Of Algiers are the guests
at the Marques home Of Mr.. and Mrs.
Nat Chestnut.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Miss Louise Savoe has returned
to her home in Westwego after a
visit at the home of Mrs. Joe Stevens.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. and Mrs. W. H. Hatch, who
have resided at Riverside for some
time, have moved to Oliver, La.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Miss D. Noise of Napoleonville is
nard.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Miss Violet Guidry Of our city and
Mr.. Joe Atkins Of Port Arthur were
married Thursday in Port Arthur,
where the couple will reside.
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mrs. J. F. Brown of Riverside and
her mother, Mrs. N. Newman of
Flaquemine, wtre Monday visitors
here. go
The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-08-20

Mr.. M. Switzer of New York was a
business visitor here Monday.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Bank Borrowings shrink.

The member banks of the Federal
Reserve Bank Of New York, with the aid
of maturing certificates Of indebtedness.
made a remarkable decrease in their
borrowings from the reserve bank dur
ing the week. The actual reduction was
Sl24435,2S3. Rediscounts and advances
on commercial paper fell of $4,000
900 and rediscounts and advances on
United States obligations fell OF $50. 200
900. Acceptances bought decreased in
value from s99.5o0.0o0 to sS4 500. 900,
In connection with the huge transactions
with the Government the reserve bank
extended aid to the Treasury Depart
ment by investing in sl52,75O,o00 United
States bonds, notes and certificates of
Indebtedness At the beginning of bust
ness yesterday these investments aggre'
gated sl95,946. 600. The reserve bank s
gold holdings fell on s1s,o0o.000 through
the operation Of the gold settlement
fund. Its liabilities on account OF United
States Government deposits declined
so7, 200. 900, but foreign Government de-
posits increased s3.40O.oO0 and member
bank deposits expanded s40,s00,000. For
the first time in a number OF weeks there
was an expansion In Federal reserve
notes issued Of $40, 900 and in Fed
eral reserve notes net outstanding OF
SIS, 100000.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
To Chshge Rail Policy.

1t Is understood in conservative banking
quarters that the many protestas voiced
at numerous meetings Of railway ex-
ecuttves have made. such impression on
the Washington authorities that within
the next few days 1t is expected the
Administration will make complete
change of policy. Whether or not the
Ave year control plan will be dropped
Is highly conjectural, but the expectation
Is that Director-General McAdoo will
carry out the features contained in the
existing twenty-one months programme.
In the meantime railroad executives will
continue to work out a constructive plan
for the future of the roads. This will
be presented either to this or the next
Congress. At any rate, the fear OF the
roads being returned shortly to private
control without adequate prepa ration has
been dissipated and Wall Street is look
ing forward 10 the future with conf
dence.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Loans Contract.

The weekly statement Of the New York
Clearing House banks disclosed a con-
traction of loans amounting to s2O.sO5,-
600, indicating how close a rein is kept
on credit for Stock Exchange purposes.
The increase in surplus reserve Of sl9.-
S22, $40 to s59.591.75o was accounted for
by gain Of nearly 100000. 900 in casl,
In reserve and in vault less the reserve
required for the s37.S3l 900 increase In
demand deposits. 1t is understood that
the maturing certificates of Indebtedness
more than Offset the payment of SIS 900
600 to $s5,o00,000 on the third install.
ment Of Fourth Liberty Loan bonds and
the cash -payments for new issue OF Ger
tincates, This not only had the effect
of aiding the cash position OF the banks
but brought about a net increase In
United States deposits for the week OF
ISL. 100000. Against the SEAS. 23e. 900 OF
United States deposits no reserve Is fig
ured.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Petroleum Merger Talked.

Reports of a coming amalgamation OF
Mexican Petroleum and Pan-American
Petroleum which would be Of advantage
to the former concern. were revived,
without. confirmation, yesterday in the
speculative community. Those in touch
with the Mexican Petroleum situation
were Of the opinion that In place OF an
official announcement calling uron the
minority stockholders to join the Pan
American in the plan. II would he more
likely that the minority stock would be
bought in the open market This state
ment was made merely on the knowledge
Of what the exchange Of seuritles would
have to be we're such a scheme TO be
evolved. The basis upon which Pan
American shares would be given for
Mexican Petroleum shares was said to
be two shares Of common and one OF
preferred for one share OF Mexican
common. This would he tsntamount 10
placing "A vaIue Of S2Ai n share on the
latter stock whereas even AZ its highest
of Yesterday II was quoted some SIS
less than that. II would he ridiculous.
these interests said, to suppose that the
Pan American Petroleum authorities
would approve any such bargain for the
other Mexican Petroleum shareholders.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
GOSSIP OF WALL STREET.
Market Opinions.

With a passing appreciation Of the
seriousness OF domestic Industrial re-
with the better light In
which the railroad problem stood ut
the end Of the week. and with the grow
ing feeling that even treasury demands
for continued restrictions on loans for
speculation cannot reduce the actual
supply of money, opinion as to the
market has changed. But prominent In
the discussion comes q new problem
that II is believed will restrain specula-
ton That new problem lies In the dura-
ton and outcome OF the peace con-
ference. Looking at the market from q
broad point OF view. n w. Wagner =
Co express the opinion that the out
look is clouded by talk Of q protraoted
peace conference a. the result Of re-
ported disagreement among the Allies.
But anything indicating q speedy and
amicable peace conference" this hrm
believes, will help general business
and likewise the market And Shon-
nard, Mills q Co. took a similar stand.
The big task before u.s." they claimed,
'is, of course, the treaty of peace and
we do not expect the market to develop
any permanent trend either one way OF
the other until the character of th.
peace document can be moro clearly
determined than at present"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
FINANCIAL NOTES.

Yokohama Specie Bank. Ltd, has ap.
pointed ImaiIiro kudo agent OF the BANK
New York office. Mr.. Kudo will act In as
sooiation with r. Iehinomiya and s. otake;;
Watkin W Kneath, a resident partner OF
spencer Trask a. Co, has been elected a
Vice president OF the National Bank OF the
Republic OF Chicago. Mr.. kneah VIII
take charge OF the banks bond depart
John A. Carver OF the law Arm OF Sher-
man & Sterling has been elected director
Of the Citizens National Bank.
Chemical National Bank 10 distributing
n Chrlstmas bonus OF 10 per cent.
Bonbright 4 Co. announce that they
have been notified by Frank T. Hulsitt
president of the United Light and Rail
ways Company. that a six cent fare fran
chise for Cedar Rapids has been carried at
J. b. Harris q Co. have issued for
distribution a special letter on Judging
The New York Coffee and Sugar Ell
change seat OF s. r. Barry has been sold
to James ]. Woods for $1,000,
The Standard OilcSth Company has de-
cided to- change Its name to Standard
Textile Products Company.
Directors of the Hendee Manufacturing
Company have authorised the treasurer Il
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22

The rumor arose from the fact that
no one knew who was buying Mexican
Petroleum In recent days. Not only
have the traders on the floor OF the
Stock Exchange found II difflcult TO
trace the source of the purchases but
bankers and officers Of both Mexican
Petroleum and Pan-American are Won
derinR what has been going on. II was
their belief that quite bit of cash buy
ing has been done, for even the small
supply of the shares has diminished In re-
cent markets. Since II was not the
present controlling interests whose ac-
tlvities were reflected in that buying II
was presumed that another oil group
was making an effort TO become the
second factor in the concern so as to be
in a position to bid more efficaciously
for all oil not now under contract There
Is not. II was pointed out, any danger
OF a conflict OF control. inasmuch as the
market movements OF the shares on the
Stock Exchange have not by the slightest
degree dlslodged the holdings OF the con-
trolling company or weakened It's In
tentlon to retain them,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
German Bank statepent.

BERLIN. via London, Dec, 2l.--The
statement OF the Imperial Bank OF Ger
many for the week ended December II
shows the following changes: Total
coin and bullion decreased 3,325,U0O
marks. gold decreased 3.4o6,0 900 marks.
treasury notes increased $3.50. 900
marks, notes OF other banks decreased
251, 600 marks, bills discounted increa sed
2,1l1 ,2sS,o00 marks advances decreased
1,07s,o0 marks, Investments increased
1,356,000 marks. other securities in
creased r,s27,0 600 marks. notes In cir
culation increased S30,337, 600 marks,
deposits increased i,ie3,7o1 900 marks.
other liabilities increased leSS9, 900
marks Total gold holdings, 2,30i,477.-
900 marks
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Sentiment stiII Confused.

The peace conference. however, was
not held to be the sole deterrent to an
active market. One of the firms al
ready quoted stressed the technical
phase of the securities market, finding
Investment absorption of good character.
constructive speculative commitments
well protected. and the short interest
vulnerable and OF considerable proper
tons. Another of those firms was con-
WINGED that as long as domestic prob
lens remained unsettled prices on the
Stock Exchange would continue to fluc-
tuate in a confused manner. Hayden.
Stone d Co. saw in readjustment and
the railroads the central topics Of flnan-
cial discussion for several months and
body & Co.. who look for a turn in the
tide of stock prices only when a ''radi-
cal readjustment" OF commodities prices
has been made.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
STEEL TRADE FACES
TRANSITORY PERIOD
Labor Shortage Persists De,
spite Rapidity of Army
Rehabilitation.
FINISHED MARKET QUIET
Coke Scarcity Growing and
Shortage Expected With
Arrival Of Winter.
FINISHED MARKET QUIET
Special Despatch TO The suN.


PITTsBURo, Dec. 2l.-The iron ari
steel business that Is being done now 4,
not a criterion of what will be done in
the future. This Ia a transitory period
from wartime to peace conditions. ard
II is strictly case of transitory bus.
ness for the time being
Those who buy steel do not admit tina.
they expect indefinitely to continue t,
buy in the same manner and to be will.
ing to pay the same prices. They ar,
buying to suit the conditions that now
confront them, and the conditions tina,
loom up in the future will determine
their conduct at that time.
Fears had been entertained that ira
sudden ending of war would impair cred.
its greatly, and there we're even sugge,,
tons quietly made that a moratorium
might be found desirable. II is clear that
nothing OF that sort is necessary or
even remotely desirable. The surprising
feature OF the iron and steel industry
has been in the matter OF labor in which
no surplus has developed. Expectations
are still entertained that there will be
surplus by reason of the returning SOL
diers, but the current trend is not in tia,
direction. The men have been returning
from the cantonments much more rapidly
than they can return from abroad. Ths
flow of men back into industry is prob
ably more rapid now than 1t will be
three or six months hence. and labor is
still scarce. There Is not much looking
forward, but rather the buying Of things
that could not be had during the war, o.
that the consumers did not then feel they
needed.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
CONSOLIDATED EXCHANGE.

There was Improvement in the tone OF
the market yesterday on the Consoli-
dated Exchange. Final prices An a ma
Iority OF the active issues showed frac-
tionai net gains. Trading was limited
in volume and professional in character,
the irregularity OF the first hour repre-
senting the in and out trading OF floor
operators. Steel common. after slight
initial gains. sold on to a5A. closing at
90. a net advance Of u. Cruclble gained
y and the other steels were improved.
Copper stocks closed steady.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22

NEW ORLEANS, Dec. 2l.--BullIsh senti-
ment again governed the cotton market
to-day, sending prices up on the opening
and keeping them at the advance until
late in the session. Last prices showed
net gains Of II to 60 points, January.
ssSoc.; March, 27.29c. May, 2635c. ;
July. e5.5Ic-; October, 23,2Oc. Spot
steady and % points up, Middling.
Soi3c
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Finished Market Quiet.

Speaking in general sense, tNa
finished steel market is very quie'
There is some demand for prompt shl7.
ment OF small lots, but there is very
little inquiry for extended deliveries,
and even in one OF the customary duh
periods that the steel industry has ex-
perienced the present degree Of activity
would be regarded as representing dul
market. The reduction in steel prices
that became effective last week is 10
doubt a contributing influence 10 ths
dullness. Buyers hardly know what 10
make of the reduction. whether to accept
it as indicating a declining market ger.
orally or as representing a leveng or
equalizing process that will operate 10
make a stable market for some time 10
come.
There is no apparent disposition ~
the part OF the steel mills 10 reddp't
any existing contracts to the reduced
level, but there is hardly any doubt bW
that some REIMBURSEMENT will he mads.
probably along much the same lines
as in the past when the market de-
clined, with each case being considered
or it's own merits. Contracts for ma
terial going into definite CONSTRUCTION
Jobs no doubt will be held as usual hut
after the first of the year many cor
tracts that are calculated simply 10
supply the buyers needs probably viii
be readjusted.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
OFFICE OF THE AMERICAN COAL
COMPANY OF ALLEGANY COUNTY

No. Broadway. New York. Dec. End, 1918.
The Annual Election for Directors of
The American Coal Company Of Allegsny
Company's ofhce. No. So Montgomery
Street. Jersey City. y. j., on Thursday. the
2sth Of December. 1918, between the hours
OF twelve and one o'clock p. NJ. The trans
FER books will not be closed.
WILLIAM F. WOODS, Secretary.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22

purchase $50 shares Of preferred stock. 20
be retired as provided in the sinking fund
provision
Ohio Iron and Steel Company has de-
clare'i an extra dividend Of u per cent, In
addition 20 the regular dividend of ! ? per
cent. for the year 1919. payable the first
day OF each month at the rate OF . per
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
ELECTIONS AND MEETINGS.
THE
CHATHAM AND PHENIX
NATIONAL BANK

OF THE CITY OF NEW YORK.
The annual meeting of the shareholders
Of the Chatham and Phenix National
Bank OF the City of New York for the
election of directors and transaction of any
other business which may be brought be-
fore said meeting. will be held at the
banking house of said Association, No. las
Broadway. In the Borough OF Manhattan.
in the City OF New York. on Tuesday.
January lath. 1919, at IL o'clock noon.
B. l.. hASKlNS,
Vice-Pres & Cashier.
New YORK; nec nth 1914
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Nice-Pres. & Cashier.
New York. Dec. 18th. 1913.
THE HANOVER NATIONAL BANK
Of the City of New York.

New York, December II, 1913.
Notice is hereby given that the annual
meeting of the shareholders Of this bank
Tor the election Of Directors to serve dur
ing the coming year and for the trans
action OF such other business may come
before the meeting will be held at the
banking hoHse. Nassau and Pine Streets,
Tuesday. January l4th. 1919, between the
hours OF II o'clock a. NJ. and IL o'clock NJ.
NM. F. CABLE. JR, Cashier.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
THE BANK OF AMERICA

New York. Dec. Goth. 1918.
The Board of Directors has to day de
clared a semi-annual dividend of fifteen
tl5) per cent. free of tax, payable Janu/
airy End. 1913 10 stockholders OF record 6f
!. this date.
The transfer hooks will remain closed
until January ard. 1919.
W NJ BENSET. Cashier
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
DIVIDENDS AND INTEREST.
FULTON TRUST CO. of N.

ice Broadway, New York City. Dec 10, 1918.
53rd Conse utiVe Semi Annual Dividend
and 10Th Extra Dividend
BY Resolution OF the Board OF Trustees,
Semi-Annual Dividend OF FIVE PER
CENT. and an Extra Dividend of TWO
PER CENT. is payable on January 2. 1919
10 stockholders of record at the close OF
business, 3 z. NJ, December 90, 1918
ARTHUR j. MORRIS, Secretary.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
DIVIDEND
FIFTH NATIONAL BANK

VI HH0 NN! " 1NVW IOTh.
New York. DEG. le. 1918.
q At a meeting OF the Board of Directors
leld this day, a quarterly dividend OF
THREE PER CENT upon the capital
i'ock OF the bank was declared. payable
~ January LIST, 1919.
w = IaI.cKI EY cnsh,Inr
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
CHICAGO. INDIANAPOLIS AND
LOUISVILLE RAILWAY COMPANY.

View York, December II, 1918.
A semi-annual dividend of two per cent.
t2S) on the Preferred Stock of Chicago.
indianapolis and Louisville Railway Com
pany has to-day been declared payable
December 81, 1918, at the ONCE OF Messrs
]. P. Morgan & Co. 20 Wall Street. New
York City. to stockholders Of record at the
close of business December rs. 1918.
Sacratorv
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Tinplate Outlook Good.

A meeting OF independent ta0'au
makers was held in Pittsauig this wee.
10 exchange views and inside intorna-
ton as to trade conditions and pros
poets. and the consensus was that there
will be a continued heavy export de-
mand for tinplate and that the pros
poets for domestic consumption In no
coming season are good While Il
recognized that during the war mary
tinplate consumers were urged 10 loos
into the matter of fibre or composite
packa ges. and did make various live"
legations on the subject. Il Is the eoT-
mon opinion that the tinplate trade will
have practically all its old customers
back again.
All the mills are more or less II raAh
of repairs, and there will be gene-s
closing down mex week. except ~ src7
mills as have rush orders tina; must "a
put through. Such mills will close m
Christmas Day only. In the last TN
weeks the mills have operated al an Az
erage of between 55 and 50 per cent m.
leading interest being below this tne
some Of the independents above
The tinplate market is well estan-
lished at ST.35 domestic and 3IiS A.
port, per base box. 10n pound Follow
ing the new practice established f'r 'Na
first half OF 1917 contracts will be MADE
for the half year Prior to his reform
the mills had the curious habit az se''7s
for the entire season. Large domeS'
buyers who have establishments - other
countries. such az the meat packers ~
particular will OF course he quoted no
domestic price on all their business. sun
ject TO regular extras for su'h speeds
packing as Is required for export pr
poses The regular S7.T5 export ir',e If
subject to all such extras
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
THE IMPORTERS TRADERS NATIONAL
RANK AE NV NnRE

New York, Dec goth, 1918
A dividend of Twe.Ne Per Cent has to-
day been declared by this bank. payable
m the end day OF January next. The
transfer books will remain closed til that
f p TOWNSEND Caahier
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
Basic Iron stiu Unchanged.

There are several thousand TOYS ~
basic iron at slightly above $50, N7Oe.'
but there is no regularly quotah!e MAJ
ket at that figure. or indeed at an! Vt0er
figure that the Government limit ~ '''
furnace The condition Of a week Az
continues in that the furnaces nav" no.
reduced their prices to conform VIZ 80
suggested 81 reduction, The tI'''.
men met IN cleveland during the We
but nothing came out as "a their mn. '
policy. There j. IL DosS'hIht> ~ '''
adhering to the former quo'a.p.~ y
there is such "a Volume ~ nqu"
such an amount Of ps ron :" d,''
of as would bring about an oDrr
ket So far there had neen nothing
an tsking market
The $50 basic iron throws '' rs
on the market, as It cnnuot he n %.
TO a furnace Offering its regular u7"'
In some market conditions resale y.
might establish market level "r
certainly does not do 50 In the pres
alignment OF things. II the p'e 1'o
market goes down at this tine u
20 down SO a ton on all grades. :" 'r'.
for Illustration. resale foundry 'r.'
So reduction would not put the N"S~'
market down SO. Fifty tons ny '.
able iron was sold At t3l.5o. "i'
could hardly he called a marh't csc
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22

Payable In ILberty bonds In lieu Of &c
cash quarterly dividend
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22


the regular full lot
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-22
binding Contract Adopted,

Following up the discussion ''
steel producers regarding the u'N
tract form favorably acted upon
directors of the American Iron arg
Institute the sheet trade general
adopted a form OF binding CONTRACT -
many Of the sheet manufao'ur'rs
This in the way Of providing IN me CO.
tract for the payment. reclpr'rAI! W.
compensation in case Of failure 70 "a,
out the contract. the mill 10 re'moI'
the buyer il il failed to deliver ana
buyer 10 reimburse the seller IN go
he refused to specify, In cases N
the market went asa,as, one Ga'.
the other