davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-10-17
PIERCE OIL STOCK OFFERING.
Bankers to Dispose of UnsoId Bal
ance of sIb,OOO,OOO Issue.

Goldman. Sachs & Co. and Lehmas
Bros. are Offering at Sl05, to yield more
than $50 per cent, the unsold balance
of S15,000,000 s per cent cumulative
convertible stock of the Pierce Oil Cor
poration. AS part of the plan all out
standing ten year per cent. convertible
gold debentures of 1924 and all outstand-
ing five year convertible 6 per cent.
notes will be called for payment on
January l and December 81 respectively
In the meantime those securities viii be
convertible into common stock.
From the proceeds of the preferred
stock sale there will be deposited In
escrow a sufficient amount to pay off
the debentures and five year notes. The
company then will have the following
funded debt: s114,600 two year 6 per
cent. notes. due on February l, 1920 :
100000 first mortgage per cent
serial notes due one-half on January
Is and one-half on July Is; S426,943
car purchase obligations, and $3.50, 900
steamship obligations.
The bankers announce that about
SO, 100000 OF the Si5,000,000 preferred
stock has been used for conversion of
part Of the debentures or disposed OF by
private sale.
The sun., 1919-10-17
Remington Typewriter.

Reports that the earnings of Reming-
ton Typewriter are at rate which
would warrant Inauguration of divi-
dends on the common stock at a re-
ported figure of Sc a year led to rather
persistent accumulation Of the stock yes
terday and the buy at the market orders,
at which most of the stock was ordered,
encountered a small floating supply. Be
fore the day was over Remington had
crossed its former resistance point of
80 and has registered net gain of 103s
points. The close was at e4&. There
are but 100000 shares of Remington
stock outstanding and less than half of
that number are available in the Street
An accumulation of orders, such as
struck the market yesterday. therefore.
naturally moved 1t to higher levels. It
Is reported that considerable Of the stock
purchased in the last day or 30 has been
taken out OF the market by people sup
posed to have an inside knowledge of
the record business that the corporation
is doing.
The sun., 1919-10-17
Savage Arms.

Yesterdays move in Savage Arms is
reported to have been pending for some
time. 4 strong pool is said to have been
formed to boost Savage. and 1t has been
watching the market for several days.
Fearful that something similar to what
happened in Savage two or three months
ago, when one pool adroitly took the
play away from another in Savage.
would take place, action was started yes
terday. Under skilful management the
price was worked up to within a point
or so of the years high. Yesterdays top
price was 80, against the 9316 price es-
tablished on July 9. On its first move
this year Savage moved from the low
of 53lk to 9Sl5, but was allowed to settle
back to the SOS after a brief upward
squirt, 1t had been inactive since unit
taken hold of yesterday. Talk is heard
of an extra for Savage Arms, and the
corporation is amply able to make such
disbursement. but its directors have a
habit of putting damper on any sug-
Restions of that sort. 1t is considered
very doubtful that they have changed
their attitude.
The sun., 1919-10-17

Tobacco stocks, which appeared yes
tcrday to be rather heavy, were strength
ened in the afternoon by an announce
ment that charter had been granted to
the new International Trade Mark Cor
poration. having 1926, 900, 900 capital
II is the company, it is understood au-
thoritatively, which will take over the
American Tobacco Company through the
medium of the A. T. Securities Cor
poration, stock being dealt in on the
curb on a when, If and az issued basis.
The nucleus of the International Trade
Mark Corporation will be American To-
bacco, and around 1t will be built large
corporation, taking in several companies,
the goods Of which are especially well
known through their trade marks AL
though plans for taking in several cor
porations are under way, II is stated
authoritatively that nothing further in
the way of expansion will be done until
the merger of American Tobacco with
the A. T. Securities has been completed.
The sun., 1919-10-17
CONSOLIDATED EXCHANGE.

There was yesterday decided irregu-
larity in price movements on the Console
dated Stock Exchange Numerous motors
advanced to new highs at the end. while
steels and tobaccos, which had been
under pressure for most of the session
recorded substantial net losses, but en-
1oyed material rallies from their low
levels during The last half hour. Marines
on sustained inquiry showed positive I'M
DERIVING strength.
White Motors was bid up 5% to 1910
Pierce Arrow 2A to 79h. Maxwell Mo
tors 39s to 5lSs Saxon 1Ts to 26%. Re-
public Motor Truck 62h, Bethlehem
Motors As and Willys-Overland TO 369
ship and Commerce Melted gain of Az
y a., high record. Marine common ad-
vaneed IA to 90. CASTOR. Williams 4
Wigmore to 32h.
Steel common was offered down az
from its early high to 1878, ending at
los. Bethlehem Steel b fell back 3M
10 lo2%, Republic Iron and Steel az to
971a, Baldwin 3as TO l42M, American
Locomotive 2la TO l1Oh, but had sub
Sequent rallies averaging about per
cen,
The sun., 1919-10-17
Alaska g CIV 6s
Series A

Series A
2. ~
Am Ayr CIV IS
2.......97
Am Ayr deb IS
1......l0ll2
Am Cot oil IS
n %
The sun., 1919-10-17
White Motors.

Outside of the higher priced motor
stocks active yesterday the feature Of
the group was White Motors, which has
been inactive, with the exception of a
squirt in July. and has not shared the
advance of the other motors. The stock
touched yesterday new high at
1875, gain of six points for the day.
The accumulation which prompted
the move is understood to reflect i'm
portant developments pending in the in
dustry. Motor trucks, unlike passenger
cars, have been dormant since the armi-
stice on account Of the trucks which the
Government planned to turn over to the
public at reasonable prices and which
have hung over the industry. 1t is I'M
derstood that this handicap has been
definitely overcome and that the indus
try is at the turning point. New bust
ness of White Motors for the current
month is far ahead of that of any other
month this year, and with the exception
Of one month, when the war was on,
the turnout is the largest in the history
of the CORPORATION
The sun., 1919-10-17

N 4 tltyHHS 81
May
8. ...102
NY City Abs 81
2..,...l02ls
NY City IS 1856
registered
%
NY City 3lss "a
Nov
1.......S3l2
The sun., 1919-10-17

The Ford Motor Corporation has re-
tired $40, 1000 900 of the S75, 900 900 three
month notes hoated In this market a
considerable time ago and has obtained
a renewal of the balance Of $4,000. 900
for another three months at 5A per cent.
The new or renewed issue is dated Octo-
Der 16 and Will mature on January Is,
1920. These funds, 1t Is reported, were
used by Henry Ford and his son in COM
pleting their purchase of the minority
interest in the Ford Motor Company. 1t
has been reported recently in the finan-
cial district that a disqualification of the
corporation is under contemplation, and
feelers as to such move are said to be
In the market. Such disqualification
would not be completed until the matur-
ity of the extended notes. The proposed
plan is said to involve rights of the
present note holders to exchange their
securities into stock of the corporation.
The sun., 1919-10-17
GOSSIP OF WALL STREET.
Increasing Active Membershi,

Instead of increasing the membership
Of the New York Stock Exchange. as
has been recently reported. the COVER
nors OF the organization have started
campaign for the transfer of member
ships held by inactive members to active
members, and thus care for rapid ex-
pansion of business on the floor of the
exchange without increasing the MEM
bership. OF four memberships, an
nounced yesterday, prices paid for their
seats have advanced considerably from
the last previous SALE The high price
was $4,000, in comparison with 5000,
the previous highest price. The seat of
70. V. ID. Cox was transferred to e. d. V.
Cox, Jr., at nominal consideration. The
seat of Hugh F. Crisis, deceased, was
transferred to Charles NJ. Morse at a
consideration of $4,000; the seat of
Frederic 7. Bontecou was sold to War
rem s. Jarvis at $4,000. and the seat
of Arthur f. Estabrook, deceased, was
transferred to Lloyd Richards at 100000.
John v. Bowler Sd and Samuel Il. Legg
were elected to membership in the ex-
change.
The sun., 1919-10-17

cOntinrsd on Following Page.
The sun., 1919-10-17

American Ship and Commerce. another
stock thathas been inactive. came yes
terday into the limelight with announce
ment that Gen. George w. Cocktails had
been named its president 1t is under
Stood in connection with the new ad-
ministration, that all friction that ex-
listed between the group OF large holders
and interests which recently entered the
company have been ironed out and that
the corporation is going ahead as
smoothly as ever. 1t will be remembered
that 1t is a combination OF the old
Cramp Shipbuilding Company and the
Kerr Navigation Company. The stock
registered yesterday a point advance
and crossed A.. the highest price for
which it has sold.
The sun., 1919-10-17
strength of Liberty s1-as.

The strength of Liberty 3as, which
sold yesterday up to l0O.4S, was said by
a banker to be due to heavy purchases
by possessors of large incomes, who have
been selling large holdings of Industrial
stocks during the last week in anticpa-
ton of a decline. This first issue, which
is tax exempt. has sold as high as l02.5O.
and since the date of its issue has been
in more or less keen demnd.
The sun., 1919-10-17

Exports From New York.
Cheese, 5000 pounds.
The sun., 1919-10-17
Cincinnati. sandusky a G. Election

CINCINNATI, Oct. 16.-Stockholders Of
the Cincinnati, Sandusky and Cleveland
Railroad, a part OF the Big Four route.
at their annual meeting held yesterday
in Cincinnati, elected directors as fol-
lows; For three years. Julius ]. Stone
John Christensen and John A. Archer I;
for one year, Alfred II. Smith.
The Birmingham age-herald., 1919-04-01
JOHN JAMES BARBER SUCCUMBS TO ATTACK
 OF INDIGESTION
Funeral Services This Morning at 10 O'Clock at Fifth Avenue Presby- terian Church-Interment
 at Forest Hill

Funeral services for John James Bar Der, aged 79, one of Birmingham's old est and best known citizens, who died at the late residence, 1925 Sixteenth street, north. yesterday afternoon at 3:15 o'clock, will be conducted from the Fifth Avenue Presbyterian church this morning at 11:30 o'clock. with inter- ment following at Forest Hill.
 Although MT. Barber had reached ripe age, he was apparently in good health until Sunday morning, when he was stricken with acute indigestion, and his death came as a shock to his relatives and many friends. He was connected with the firm of Barber Ramseur Drug company, situated at Fourth avenue and Twentieth street, and is survived by three sons, Arlie Barber, Donnell Barber and Charlie Barber of Birmingham; one daughter, Mrs. D. B. Taliaferro.
 MT Barber was born at Brockville, Ontario, and was reared on a farm at Middlesex, near London, Ga He was an extensive traveller, having visited British Columbia and resided at West Minister for several years. In 1900 he removed to Birmingham, where he has resided since, and during late years has been an active member of the Barber Ramseur Drug company.
The Birmingham age-herald., 1919-04-01
TWO PLANTS ALLOWED

The corporation. which is capitalized a. nearly $S0,000, ,000. is permitted to retain its factories at Argo, and Pekin, H., and Edgewater, N J. It must dispose of it's plants at Chicago, Granite City and DaN- enport, Iowa, Oswego, N Y., and Jersey City, N. J.
 The subsidiary concerns include the National Starch company at Oswego, N. Y. and the Novelty Candy company, with plants at Chicago and Jersey City, N. J.. The other factories bear the name of the parent company.
 The original parties to the merger were the Corn Products, New York Glucose, Warner Sugar Refining and St Louis Syrup and Preserving companies
 Judge Hands decree. of 1916 entatled distribution of the corporations proper ties among separate owners, in order to bring about resumption of competition among the several companies which IL had absorbed. The court held that the Corn Products concern was a combination in restraint of trade, that it had sold some of it's products below cost to force losses upon it's competitors and that it had influenced railroads to increase the frieght rates on commodities figuring in the industry, to the detriment of rival concerns.
 The compromise decree, drafted joint ly by counsel for the government and the corporation requires that the five plants to be disposed of be sold to "actuaF' conpetitorS
The Birmingham age-herald., 1919-04-01
DISSOLUTION CORN PRODUCTS CO. IS
 ORDERED BY JUDGE
Withdrawal of Appeal From Combination Decree Hailed by Department of Justice
 as an Important Step
By Associated Press

Washington, March 31.-Withdrawal to- day by the Corn Products Refining com pany of it's appeal to the supreme court from decrees holding the company to be a combination in restraint of trade was hailed by the department of justice as an important new step in clarifying the application of the Sherman antitrust law.
 Tt is the view of the Attorney Genera that the result in this case, said a statement issued at the departmen', coupled with the similar decree entered last November in the Harvester case. should so far towards clearing and seS- ting the law on this important question
 As analysed by officials connected VILE the Attorney Generals office, the ac- ton is a complete victory for the govern Ynent, with the additional provision that the government shall have the right to such further relief as may be necessary, if at the end of three years the meas ures directed to compel compliance with the law are found to have been made quate.
 Dissolution of the company, which IS required to sell to competitors before 1921 all but three of it's manufacturing plants was ordered by Federal Judge Learned Hand at New York today. The decree following a dismissal by the supreme court a few hours earlier, of the corpora tion's appeal from a previous judgement
The Birmingham age-herald., 1919-04-01
BREWER AT BALTIMORE

Ex-Governor Earle Brewer or Mlsslssip- pi, formerly a leading factor in the pol!- tical life of his state, is in BirmlnghaHi in the interest of the Salvation Army drive for funds The visitor IS more OF less reticient in discussing the presehf interesting political situation of MISSES sippi. II
 In 1912, he was chairman Of the MS sissippi delegation to the Baltimore con vention which went under instructions to support Oscar w. Underwood or Ala- bau&. During the A ballots Of that con- vention in which Senator Underwood HE : ured Governor Brewer fl times announces the fact that "Mississippi cast 20 votes for Oscar W. Underwood. The chalr- man gave each of the three sylaoles III underwood varying infection "lti' the effect that the entire conVentoi' was reminded of a crow of Plymouth Rock rooster ThisNcaused general laugh ter every time the name was pronounced.
 At the convention, Governor Brewer had a little daughter, then quite young who figured in the demonstration whlcf followed the nomination of UnderWoo" as a candidate before the convention It is remembered that at the head or Underwood supporters Billy Kilgore or Birmingham. took the little lady on hls shoulders. and led her enraptured about the extensive area of the Fifth regiment armory wherein the convention was held.
 One of the best football players who ever worked for Auburn was a Tuscaloosa boy named Brown. He played in 1899,
The Birmingham age-herald., 1919-04-01
SERVICE HIS PASSION

There is one Alabamian ins Washington who does not get credit and praise in any respect commensurate with his work That man is Cecil A. Beasley, pri- vate secretary to Senator Bankhead.
 MT. Beasley, in private life is an at ftorney, located at Fayette. When Gov ernor ONNeal was in charge of the af- fairs of the state, he was a member of the senate. He has been with Sena tor Bankhead for more than 12 years.
 It Is said that after the two senators. MT. Beasley is the most influential man in Washington. This is probably due to the fact that he has had long eX- perience in which he has dealth with the departments in frank and honest man ner, and with the most uniform courtesy; and also, to the fact that he has dis played a willingness to return favor for favor wherever possible. MT. BeasleJ has another invaluable asset. He speaks for Senator Bankhead. and inasmuch as Senator Bankhead and Senator Under wood generally are found striving fol
The Birmingham age-herald., 1919-04-01

1N D COMER, younger brother Of
 I B. B. Conner, and one of the
 wealthiest men of Georgia, has agreed to contribute the interest on s1o000o for the maintenance of mod- ern highway leading from Eufaula to Spring Hill, Barbour county, distance of 20 miles.
 Judge Henry D. Clayton, who spent yesterday in Birmingham, said in this connection: MT. Conner made his offer to the county, and was accepted. Where upon, the county immediately undertoox the construction of the road. MT. Conner knew that road maintenance was of inn portance equal to road construction. His offer and the county's acceptance, will mean one good road In Barbour county for all years to come"
 The Corners formerly lived in Barbour county. Near Spring Hill, now known as Conner E. B. Conner has one Of the finest plantations in the state.
The Birmingham age-herald., 1919-04-01

1900 and 1901. In the sensational Auburn Sewanee game of 1900, won in Mont gomery by Sewanee, by a score of 10 to 9, he lSst the end of a little finger It was probably cut off by a spike.
 In his early days, he had ambition to be an engineer. He was first conductor of steam dummy of Tuscaloosa, and was criticised by the Brotherhood of Locomotive Engineers. Later. he joined the brotherhood and operated the engine of a Mobile & Ohio train on a branch line running from Tuscaloosa.
 He is now an electrical engineer. When the war clouds gathered he entered the service and was commissioned captaib in the engineer corps He has just re- ceived his discharge, and in citizen
The Birmingham age-herald., 1919-04-01
.lotbes ia in Rirmingham today.

clothes is in Birmingham today.
 T have been in Tuscaloosa the last day or two" said he, "and was surprised that some people still believe that but for the activity of the two senators from Alabama, the government nitrate plants, located at Muscle Shoal, would have been located on the Warrior. am A native of Tuscaloosa and partial to the place. But I didn't hesitate to teh the people that there is not enough power in the Warrior to operate the plants. I know this to be true because I am an electrical engineer and have studied the power possibilities of the Warrior.
 "The Warrior never had a chance, of
The Birmingham age-herald., 1919-04-01
SPANISH CLASSES
 ARE ORGANIZED

Spanish classes to be held On Monday, Wednesday and Friday nights in the rooms of the Civic association under tho auspices of the city board of education were organized last night with large enrolment. These classes will be con ducted by Prof. John H. Cornyn, who also conducts classes at noon on the days mentioned. All persons wishing to study Spanish are urged to join the class immediately as in addition to the Ian guage Spanish trade customs will also be taught.
The Birmingham age-herald., 1919-04-01

NOTE = More and more men are refusing to judge . cigarette by it's high price or by a fancy, expensive box. One proof of this is the growing leadership of Fatimas. In spite of their lowe. price, Fatmas please the most exactins taste And, better yet, they leave man feeling as hs should feel-even if occasionally he smokes moro often than usual
The Birmingham age-herald., 1919-04-01
Local Data

IT the 24 hours ending at p. m.,
The Birmingham age-herald., 1919-04-01
HERZBERG A VISITOR

A prominent and well known visitor yesterday was Louis Herzberg of Gads- den, probate judge of Etowah county. He has been probate judge for many years His ability and affability have enabled him to weather every politica. storm. He reports Etowah conditions ex cellent, and it's people happy and con- tenfad
The Birmingham age-herald., 1919-04-01
Little Stories About Visitors to Birmingham
By HUGH W. ROBERTS

the same end, he speaks for the junior senator, also.
 Mir. Beasley was secretary to the con- gressional committee appointed to studJ' the pneumatic tube systems of New Yor'f. Chicago, Boston, St. Louis, and Phlla : delphia; and is now secretary or th | congressional committee named to re wise the schedule of salaries pald aii employees of the government in the post | office departments employ.
 He passed through Birmingham las.
 night and will spend several days or rest at his home in Fayette.
The Birmingham age-herald., 1919-04-01

course. But for the activity of the sen ators, not only Alabama would have los
 this plant, but the south, inaits entirety, would have lost it. And probably. it new
 CT would have been built anywhere.
The Birmingham age-herald., 1919-04-01

dissolving the concern, was the result of a compromise agreement between the
 defendant and the government which charged that the company was a monop-
The Birmingham age-herald., 1919-04-01
THE WEATHER
Weather Forecast

Washington, March S1.-Frost for Ala bama and Mississipp: Fair Tuesday; cool CT in south; Wednesday fair, rising tenn perature in interior.
 Georgia: Fair and colder Tuesday; Wednesday fair, rising temperature.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1919-05-02
IUSSIAN PEASANTS
ARE NOW PENNILESS
High Prices and No Work Are
Reported Causes

Archangel. May . Correspondence
of The Associated Press. )-High
prices and no work have exhausted
the savings of the peasants and, ac-
cording TO advices reaching the Amer
lean and other allied food committees
in Archangel, the world will have to
feed and cIothe the half-million peo-
pie who live behind the allied lines
in North Russia for at least 1s months.
six months ago almost every peas
ant family in this district had it's Sc
cret hoard of banknotes. While in
the cities the people were, in many
instances, starving, the peasants had
money hidden under mattresses. in
socks and buried in the ground and
hidden away from possible Red Guard
raiders were supplies of grain and
other foodstuffs.
In August frost killed most Of the
meager acreage of grain that was
sown last year in this territory which
is mostly forest. The secret food
hoards were eaten months ago. Lum-
Der mills and other concerns which
usually gave employment have been
shut down, and the peasant, with no
source OF revenue, has been digging
every day into his money savings to
buy the food that came in from
abroad when the Allies landed. There
is no prospect of North Russia feed
ing herself until the next harvest
and even this is made extremely diff
cult by the shortage OF seed grain.
The allied food committees in
Archangei are seeking a way to help
this population. The conditions that
prevail in this territory among a pop
nIation Of half a million are believed
to prevail to an equal Or worse ex-
tent throughout Central Russia under
Bolshevik control.
The American Red Cross has ceased
civilian relief on a large scale in the
ArchangeI district, since this work is
to be taken over by the Hoover federal
organization, whose representa- ves
at this date, have not arrived.
The Archangel Viestnik comment
ing on the situation says: "If the
Northern Region desires to be able
to subsist on it's own supplies, the
necessary seed grains must be received
not later than in four months. IF
they are not received in that time,
the population is either condemned to
starvation or they will depend en-
tire1y upon the Allies
Relief work among the peasants in
the hunger stricken territory along
the Murmansk peninsula, and on the
Arctic Pechora, at this time of the
year, is greatly hampered by the ice.
An ice breaker with about 700 tons
of -four. sent to the Pechora district
had to return to Archangel unable to
penetrate the ice fields