davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald., 1919-12-10
MARKET News
NEW FORK.

"e" 4o1h' LeC. 1V.-Fteeeure
ties. also oils, steels and sl,ippings,
became more insistent during the
dull frst hour on the stock exchange
today. Declines OF two to seven
points were made by foremost issues
OF those groups The usual covering
movement. effecting substantial, and,
IN some instances. more than full re-
covery. took place before noon. The
rally conceded with advices that
Washington expected early and satis-
troversy. General Motors replaced
three point decline with gain of 2
1-2 POINTS and other active shares
were one to two points higher: All
leans opened. at z per cent.
Delay IN the settlement Of the coal
strike and indications Of further de-
moralization in foreign exchange con-
trinuted to the lower trend Of prices
at the outset Of today'a stock market
session. Reactions were confined Ito
fractions. however, with tho exception
OF several Of the active motor, oil and
railway shares, In which declines ex-
tended to full point. Trading was
unusually light, speculative interests
waiting on word from the Indianapo-
ltc conference.
Trading during the noon hour was
70 S"o AAOSO O0A 1QuCICSy character.
Various secondary industrial and
specialties gained L to 2 points. but
the usual leaders were virtually un-
changed. The gain in untitled tom
mage reported by the United States
Steel Corporation for November was
In excess OF general expectations.
1BERTY BONDS.
New York. Dec. 1o.-Pricea at
<~A a.
ss.ss: first :" L.. ss:ss; ss's second ''ss. Is.
s1.so: first 41-4s. $500: second
Its. 92.10: third <l-4s. s4.o2:
fourth les. s2.l0; Victory ss-4s
ss.o6; Victory 4 3-4s. ss.os.
~ PRODUCE.
New York, Dec. 10.-Butter easy;
receipts 1886; creamery higher than
extras 7s 1.2@74; creamery extras
EGGS steady; receipts 1873 fresh
gathered extras 80 to 81; extra firsts
,S9@91; firsts sS@SS.
Cheese steady; receipts 1857;
state whole milk flats. current make
specials 32@32 1-2: ditto average
run 81 f2: state whole milk twins,
current mako specials 81 l-2 q 81:
ditto average run 81.
NewsYorlx. Dec. 1o-Mercantile pa
per 3-4 q 8 per cent; sterling go
day bills .3.74; demand 3.78; cables
3.7S s-4.
Francs demand 1852; cables 1850,
Lire demand 1897: cables 1895.
Marks demand 1876; cables 1913.
Government bonds and railroad
bonds heavy.
Time loans strong, bid.
Call money strong. ruling rate Z.
METAL,
New York. Dec 10.-Coppel.
steady; electrolytic spot, nearby and
first quarter 18 1-2 q 10. Iron NOM
nall Anthony 9.75: Metal Exchange
quotes lead firm. spot and January
$50 bid, 700 asked. Zinc strong;
East st. Louis delivery spot S.45 bid,
s.55 asked.
Grand Forks herald., 1919-12-10
GRAIN TABLE.
LIVESTOCK.

AlV GSlNOA.
Chicago. Dec: lo.-Hog receipts
$4,000, rs to 50 cents higher; bulk
12.s5@1S.oo: top 1905; heavy 1850
@1s.oo; medium 12.76@l3.05; light
12.66@13.o0: light light 1850
1915: heavy sows. smooth 12.0o@
1880: packing sows. rough 1880
1900; pigs 11.60@12.50.
Cattle receipts 1900: strong;
beef steers, medium and heavy
weight, choice and prime 10000
z1.6Q; medium and good 11.6o @ 90;
common 9.00@11.60: light weight.
good and choice 14.26 @ 20.75: COM
mon and medium s.25@14.26: butch
er cattle. heifers 6.76@16.6o; cows
8.65 d 14.25; Gamers and cutters
$50 @ 6.65; veal calves 15.7b@l7.75:
feeder steers 1000 1880; stockers
7.60 @10.75; western range steers
ESQ 1905. COWS and he1fers $50
@12.6o.
sheep receipts 10000. strong:
lambs 14.75@le.75: culls and COM
mon 10.50@14.5o; ewes. medium,
good and choice 7.75@s.75; culls
and common 4.25@7.5o.
POTATOES
Chicago. Dec: 1o.-Potato receipts
3S cars; no sales: weather too cold.
PRODUCE. q
Chicago, Dec. 10.-Butter lower:
receipts 1921 tubs; creamery extras
68; firsts 59@65; seconds 67@55:
standards 63@63 1-2.
Cheese unchanged. :
Grand Forks herald., 1919-12-10
METAL,

New York, Dec. 10.-Coppel
steady; electrolytic spot, nearby and
first quarter 18 1-2 q 10. Iron NOM
nall Anthony 9.75: Metal Exchange
quotes lead firm. spot and January
eco bid, 700 asked. Zine strong;
East st. Louis delivery spot s.A5 bid,
&.66 asked. ~
Grand Forks herald., 1919-12-10
WantzAd Rates

0llllD
: S5asasasA d s. M II na,s = w,ra = IL
u . Zine . Month ~
tIf. no change in ADJ
,Hinimum charge Is is cents Der day
Tor TWO or more days or IS eenta Tor
single day. Get your moneys vorth
-uss ten words or more.
"o3lIArIo1
These rates entitls you to publication
fin both morning and evening editions
waat "A rslsphonss 800 aad sol.s
CLOSING HoURs-want Ad forsnis NJ
close every morning at i1:3O; i0r
the evening edition, and 6 o:cjSck3
every evening for the mornIne
Z edttton except SATURDAY. when forfanar
close at p. m. for Sunday nidrn-
TELEPHONE WANT s Aps--WiSant
ADS are received by phone, .buts are
payable the same day a. received
and collection will be made a your
home or Office as soon a n con.
venient for the: collector. to call.
h. This ts accommodation service M,
T. payment should be made promptly
when the bill is presented.
OUT OF TOWN ORDERS. must bs
always accompanied. by the cash,
Please comply With this rule to
avoid inconvenience and Sdelay.- So.
'k,st1
Grand Forks herald., 1919-12-10

GRAIN AND -FOUR
Minneapolis. MINI. Dec. 1o-81our
shipments 1855 baxrelA
Barley 1.2s@1.60.
Rye No. 2, 1.5e 1-<01.6o Id.
Bran 41,0O
Grand Forks herald., 1919-12-10
IIBERrY BONDS.

Now York. Dec. l0.-Pricea at
1880 .. m. today were: alas,
99.6S: first 4s. 93.92: second AZ.
91.90: first 41-4s, $500: second
4 Its. 92.10; third %l-4s. 9A.o2;
fourth LIS. s2.1o; Victory ss-4s,
ss.06; Victory 3-4s, 9s.0S.
Grand Forks herald., 1919-12-10

POTATOES
Chicago. Dec. 10.-Potato receipts
33 cars; no sales: weather too cold.
Grand Forks herald., 1919-12-10

DEvE!oPINa. s-MxP: ROLL. iec: i
% each; az x4X. 10 each: 81 x2N, &
|. each: Is hour e1rvics II money II ssni
+ Wath hlus. Hons Studio. Grand Torka
Grand Forks herald., 1919-12-10

SALESMAN TO SELL A q WINTER
automobile accessory, something new,
See Mr.. Gregg. Dacotah hSfei, Tues
day and Wednesday. y.,ss :, s, MI
Grand Forks herald., 1919-12-10
w. III. Kelsey

l1Qo.. CASH.. BALANCE LIKE RENT,
r. VIII bhy!a Home. Good modern hous-
es In all parts Of the city. Terms to
!, suit. See Us First. Red River Valley
Land Co., Widlund Bldg. Grand Forks.
Grand Forks herald., 1919-12-10

u. 81 Gov'T. WANTS HUNDREDS RY.
Mail Clerks Begtnners salary eiS0o
+ pear: Mem, yotnsns as up List .pcsir
stitute, DeRt. 422. Rochester, sN.s 81.
The sun., 1919-03-13
AMERICAN SUGARS
BUSINESS HOLDS UP
Gross for 1919 Is S200,000,-
600, About the Same as in
1917, Says Report.
BALANCE, $11.53 A SHARE
Figures Show Little Decrease
of Consumption During
Last Year.

Notwithstanding strong restrictions
placed on sugar consumption by the Fed
eral Food Administration during 1918 and
handicnps under which the American
Sugar Refining Company and other in
dustrial concerns worked virtually
throughout that year. the American COM
pany's annual report. issued yesterday
shows a gross business OF more than
10000, 900, which is about the same as
In 1917. The balance of earnings avail
able for dividends. after deduction Of
taxes, charges &c. totalled SS.434,375,
against ss.2l2,7S7 in 1917. After pro-
viding for the per cent. dividends on
the preferred stock a balance equal to
&11.6S a share on the common remained
against }1l.25 earned on that stock in
1917, according TO the report.
The essential features OF tho income
account as shown by the report follow 4:
The sun., 1919-03-13
ELECTIONS AND MEETINGS.
BETHLEHEM STEEL CORPORATION

NOTCH. or f'll itIEEN III ANNUAL
MEETING OF STOCKHOLDERS.
Tho Fourteenth Annual Meeting Of the
Stockholders o. ljrtul,hem steel Corpora
,ion New T"rs,v corporation, will DO
held AT its principal once. in the PrIdentia |
Life building. 80. 1f3 broad street. New
ark New Jersey, on ussda", April 1. 1919.
al - O'Clock noon. At said meeting tho
following matters viii be presented 10
Stockholders frr their action:
~ Tho election 81 four directors 20
serve for H term q three years:
t2N THO approval and ratification Of I'll
action Of Nh Uparl ~ Directors ~ "a 4
Corporation sine. She Thirteenth Annual
Meeting ~ i's tto' l,holdcrs held on April
80 r.. trarsoc'Ion Of such other busi
ness as may properly come before "a Il
meeting
rhr huons iur l'r ,ransfe, 81, shares o.;
thu Sey"u Per Govt non Cumulative Pre-
'srred StooS ord Of tho Common Stock "
satd Corporation Dut not q the Eight
Per Cent Cumulative Cnnvs tihle Preferred
Srocil or Of thr Class n Common stock.
which two classes OF stock do not hava
voting powers viii bc closed at the close
- business ON Woirr sday, March IL, 1919.
and Will no -onpcn"d az the opening -
business ou Wednesday. April 2. 1879.
y H. JONES, Secretary.
Newark New Jersey. March s, 1912
The sun., 1919-03-13

One-half OF the total number are
women. the report shows, while the
average number Of shares held by every
stakeholder was cut from a. II shares In
1915 and asa shares in 1917 TO ~ In
1918. In promoting relations with en-
ployees the company adopted plan OF
group insurance on lives OF all em-
rloyees completing three months service
That insurance was put into effect on
December "a. 1918. and policy OF more
than t5,O00.00O was taken out at the
conpany's expense. providing individ-
ual Insurance in amounts ranging from
$500 to $1,000. depending on length Of
service. Seventy employees were pen
STONED during the year and moro than
coo persons were aided In becoming citi-
zens through the Naturalization Bureau.
The sun., 1919-03-13
HAS LARGEST EARNINGS.
sIoss-shemeld steel and Iron Co.'s
Report for IOrS.

sloss-sheffield Steel and Iron Company
IN a preliminary report of operations for
1918, issued yesterday, shows the great
est earnings In its history. The total OPP
Grating profits for the year were almost
double those OF 1917. being $6.195.528.
against $3.370.614. The balance avail
able for dividends was below that of the
preceding year by reason of heavy de-
auctions for depreciation. charges. Fed
eraI taxes. &c.
Total deductions for 1918. except Fed
erai taxes, were t3.223,456. against $685.
Bal in 1917. while the provision for Fed
eral taxes advanced from s326.00 in
1917, to 100000 last year. leaving the
oaianee foI 6.yiiSnis al 3i,372,o12, .
decline OF nearly 100000. Preferred
dividends were slightly lower leaving
the balance for the common stock 81 ,503,-
072. against si.57s.4s2 The surplus
for the year, after all dividends, was
s45s.o72s a decline OF nearly $1,000. 900.
Inc pioiii anu iosz surplus on Deceniser
81. 1918. stood At ss.2a7.Stz-
The sun., 1919-03-13
FINANCIAL NOTES.

National Fireproofng Company's 1918 report
shows profits Of s., $40. against tls9 A07 In 1911
Page Steel and Wire CompHnys annual report
shows net earnings OF $751; $50, against s12j, $40
in 1917.
Co, Brown Bros. Il Co., Alexander Brown &
Sons and Jackson & Curtis, which offered
S. 90 900 Consolidated Gas, Electric Light and
Power Company Of Baltimore per cent. Sc
cured convertible gold notes, has disposed OF
the Issue.
New York Air Brake directorate has heen in
creased from eight TO nine members by the cleo
ton OF Leroy W. Baldwin, president Of the EN-
pire Trust Company, as member.
Kerr Lake Mining output for February
amounted 10 IS BIB ounces OF silver.
Empire Iron and Steel Company has increased
its board Of directors from nine 10 ten mem
bCrs by the election Of Jules s. BAche OF ]. $.
Bache 4 Co.
The committee on Clearing House OF the Stock
Exchange has directed that American Agrlcu-
tlral Chemical Company coU1non be sddcd ~
The list .; STOCKS " 30 cleared. beslAIiius win
last nights sheet.
Natansas- American Sugar CompAny's report
for the year ended October 81, 1915 shows total
income, 81. eS62A expenses, interest and dis
count on securities written on, 81, l6a ass bal
snce, sS6sSs depreciation, Se,5iS; net prom,
$40, 2et.
New York Stock Exchange has stricken from,
the list MAriin-ftockweii Corporation voting
trust certificates for capital stock and has ad-
The sun., 1919-03-13

The balance sheet OF December 81 :,
1918. contains n tremendous cash bal
ance on hand. that item being s23.e5S,-
102. 1t was explained in the remarks
of President Earl d. Babst, which &C
companied the report, that that large
amount OF cash reserve was necessary
because Of the high price of raw sugar
and of other supplies and materials nee
essary for the refining operation, which
| makes increased demand on capital re-
sources during extended periods of the
year not accurately reflected in n bal
ance sheet coming at the end of the
year when operations are at low eDb
under present conditions"
The report declares that the company's
profit for its entire 1918 operations was
only about 3It cents on the dollar Of
sales That the company CONCENTRATES
an even more extensive advertising cam
paign than that now under way is in
dcated by the item of 100000 adver-
Using reserve, which brings the total re-
| serve for advertising up to $4,000, 900
The purpose OF the reserve. the report
Gays, is TO make certain n continuous
advertising programme through good
and poor years.
Throughout the year" the report
continues, Governmental control was
| exercised through the United States
the international Sugar Committee and
its successor, the Sugar Equalization
Board the latter a Delaware corporation
formed last July to equalize the prices
of domestic sugar and assure an ample
supply both here and abroad. The
Equalization Board viii continue this
control during 1919 through the medium
OF an agree ment between it and the re-
tners. This contract was approved by
the United States Attorney-General and
covers tho purchase Of all sugars used
| in the United States. their sale to the
| refiners, and provides for the price which
the redners are permitted to receive
The contract also covers the sale to the
| British Royal Commission OF one-third
of the present Cuban crop"
Despite the sugar restrictions OF the
year the report declares that ''consump-
| ton OF sugar in the United States dur
! ing 1918 is shown to have been almost
| equal to the yearly average OF the last
| decade" There was an increase of more
| than 1000 in the number of individual
stockholders during the year. the num-
| Der at the close of 1918 being 20,S77.
against 1888 IN the preceding year.
The sun., 1919-03-13
NEW EXCHANGE LISTINGs.
Committee Announces Securities
Admitted TO New York Trading.

humtttch to New YORK Trading.
The committee on stock list Of the
New York Stock Exchange yesterday
admitted to trading the following securl-
ties:
United States First Liberty second
converted "A per cent. bonds of 1892
i947;
S250.000 American Agricultural Chem
ical per cent. cumulative preferred
stock on official notice of issuance In
exchange for s25OOOO par value OF
American Phosphate Mining capital
stock and $4,000 on official notice of
issuance and payment in full, making
the total amount listed S2s,O12.200;
Voting trust certificates for G4,63S
shares of Penn Seaboard Steel Corpora
ton capital stock without nominal par
value, with authority to add voting trust
certihcates for 5S,170 shares on official
notice OF Issuance in exchange therefor
and with further authority to add voting
trust certificates for 12,2S0 shares on
official notice that they have been sold
and passed beyond the company's con-
troll and deposited under the agreement
Chicago. Rock Island and Pacific
Railway permanent interchangeable GER
tificates for s29.422,1 100 Z per cent. pre-
ferred, s25. 1Os.100 per cent. preferred,
and S75,00o,00 common. All OF those
stocks are full paid and non-ass essa BILE,
and no liability attaches to tho stock
holders.
The sun., 1919-03-13

mittcd to dealings Marlin Rockwell Corporation
capital stock.
Gold coin amounting 10 $3.50 900 has beCn with.
drawn from the SubTreasury for shipment 10
South America
j bankers Trust Company has been appointed
. registrar for the BANKERS certificates represent
ing the common stock Of the Gates Service Com
pBny.
Bankers Trust Company Announces that the
New York Central Michigan Central equipment
certificates offered last saturday by the Bank
crs Trust Company the Union Trust Company
OF Pittshurg and HsllgArten Co, have all
been sold and the syndicate closed
| The partnership Of j. u. LlggeU, A. j.
Drexel, Jr.. and G, =. Naphen, heretofore OK
isting under the name OF Liggett DreXel, has
been dissolved and new pArtnerHhlp formed
under the same name by G.. T. Naphcn and
NJ. NJ. Cunif,
Kennecott Copper reports output for February
amounted to 5,292 90 pounds OF copper against
10. 0i0 coo In January.
! c. ITawsrd Mprteld, formerly assistant treas
urrr ~ ,hc Ia 4itGbie Trust Company, has been
elected cashier TO Eucceed ~. W. Donovan, re
sigled who IN entering the bond business as a
member Of the hm Of Charles II. Quincy & co.
, CITY Of SCHENECTADY has awarded $3.50 400 NJ
registered bonds TO Sherwood a Merrineld, iS5
Broadway.
! A now circular on the LAekAwRnna County
Coal Company has been issued By Gwynns Bros,
White. Weld q Co. Kisssl Kinnisutt a
The sun., 1919-03-13
COFFEE MARKET,

Influenced by stronger primary mar
kets and further advances in the Rio
spot market here the local coffee market
yesterday was firm throughout the SEES
sion. While morning trading was not
overactive later in the day strong trade
interests bid prices up, and there APP
penred to be good demand from fresh
outside interests with longs realizing.
on the call prices were 10 10 points
above the previous close and final quota
tons were 90 to 25 points net higher.
In the local spot market Santos prices
were unchanged, but scarcity OF Rio rs
advanced that grade 1.c to 16hc, with
a fair demand.
The sun., 1919-03-13

CO. the william r. Compton Company ard
stacy n Braun arc offering q. 200 goo
ClCCln1d per cent. school district build.
| ing bonds, aus serlally l92O.l9}q. ut d
price 10 yield 40 per cent. for any ma.
turlty.
wood. Gundy & CO. and the pour7 .or
Securities Corporation, Ltd, ~ Tnrou nd
are oT"ring a now issue Of S&,0oo.r q
Province az british C'oMwb!a. I'm denoml.
nations OF SOC. $500 and $1,000 a. iul
ami Interest to yield bh per cent.
Hallway Steel Spring Company "a
analysed In II circular published by Cos
GeshaN s. H!Cks.
II. W. Osterhpld. who IL. with I.anFNu-y III
Bros, has published a pamphlet showing
the rational deOt Of Mexico In DEAL.
The sun., 1919-03-13
Moving More Freight.

WAsHINGToN, March e Reports 10
tho Direct or General OF Railroads SHOW
continued increase in the amount Of
commercial freight moving to and
through the ports OF the countr" and IN
dicating a rapid growth In its foreign
trade. The situation at all ports is re-
ported good with the exception Of New
York, where the only freight loading is
that at railroad PIERS
The sun., 1919-03-13
Point to February Output.

THE country's large output Of steel in
February has been held up as PROOF
that conditions IN the industry are
more favorable than has been repre-
scented The fact Is that the Febru-
airy rollings OF the Steel Corporation and
those for January represented consid-
cradle tonnage, much of 1t rails, booked
in 1917 at low prices. deliveries on
which were suspended TO make way for
war orders.
New business has come in In the
past few weeks at only fraction OF
the February rate Of operations. With
most independent companies March
orders have rot been over 20 per cent.
of capacity It IL also to be considered
that in some districts. notably Pitts
burg. large rollflgs for stock were made
IN January and February.
at Is thus 10 be expected that output
will fall of in March and April, with
progressive reductions in working forces
at steel works and rolling mills.
The attitude OF foreign buyers con-
tinues to be that OF the buyer at home,
only absolute needs being provided for
and stocks being kept down. Under the
rev price fixing. our export market will
still be a law TO itself How long the
America n port level can be kep~ above
the domestic market is a question, with
British Government price fixing expiring
IN less than two months British eN-
ports may then be more closely COM
petitive with American steel. with the
added advantage OF lower ocean freights
"In this connection interest attaches
10 the expressed desire OF British steel
manufacturers to make some form OF
agreement with their competitors in this
country in respect to the export trade
Presumably the Webb act would give
sanction TO such an arrangement. but
no interest has been shown in II or
this side and there is no likelihood Of
any early action"
The sun., 1919-03-13

ANLrRIrAN nINIGNs CnKPnR A1InN

Notice IS hereby given that the annual
meeting Of tn" Stockholders of the Amsrl-
can BlaugHs Corporation Will ia held ut
tho oirce of the Corporation. No. 10 West
Forty-fuurth street. New York City, on tho
18TH day OF March. 1919, at twelve O'Clock
noon for the purpose OF electing directors
for the ensuing year and two inspectors
Of election so serve at the merit annual
meeting and for the transaction OF such
other bus mess az may properly come before
the said meeting
TrRns'cr books VIII he closed from Feb
ruary 2Nth 1918 TO March i9th, 1919.
new York city. February 2sth. ,9ls
CHAELESt, YOUNG, Secretary.
The sun., 1919-03-13
LOST. ro,>p AND REWARDS.

LOST -Ou or about March sth 1919
pa sShooil ~ this hank No. KSlS IN thu
name OF Chas Baskerville. all persons a.
warned against receiving said hook for
value.
THE CHATHAM 4 PHENIX NATIONAL.
RANK
Broadway s. lo5th Street
The sun., 1919-03-13

COffe Cables-HIo was Y reIs higher Tor Is
at 1905. Exchange, $50 higher, at l3ITd
Receipts, GOO bags, and stock. S7s 600 bags
In Santos spots were unchanged at 1880 for
No. 4. Futures unchanged 10 rs res higher
Receipts, "A, 900 bags, and stock, 3et7,0O bags
81 900 last year and 1900 two years ago. Sac
Paulo hsd 1900, against Is, 600 and H. 0O0
and Jundihay, 1900, against 5000 and ,Oob
bags, respectively. Cleared from Bahia March
II. 20oe bags for New York.
The sun., 1919-03-13

incidentally It Is furthest from the
expectations of the trade that any prices
will be agreed upon II Is expected thaI
producers simply will tell members OF
The Peck committee what their lowest
selling prices could be under current OPP
Grating expenses, and II the prices which
are named meet with the approval OF
the Peck committee 1t is expected that
the latter will issue statement assuring
buyers that they can regard such prices
as representing the bottom of the mar
ket Although nothing has been said 10
this effect, the impression prevails that
nrices to be named will he considerably
below the cost line OF the high cost pro-
ducers and thus will result in, greatly
ourtelling production
The Iron Age also In Its weekly re-
view takes the position that the stabii-
,zing plan is the chief factor In the
steel trade this week "All interest"
II saws. centres in The conference on
prices between the steel makers com
mittee and tho Industrial Board at
Washington, which has been postponed
70 March 10. While some scepticism
persists in the trade, there Is general
Willingness TO follow the Government
lead.
THE amount OF the probable reduc-
ton in finished material has been widely
discussed Meanwhile new business. for
some time meager. has well nigh
dropped out of the reckoning in certain
lines.
Sentiment, as developed at meet
ing Of the steel committee in New York
Tuesday. which adjourned for one week,
leans to reduction of IS per ton on
leading rolled products. Iron ore and
pig iron interests have moved this week
for separate representation on the gen.
eral committee and this has been
granted.
The sun., 1919-03-13
DIRECTORS

DANIEL &. JACkLING
FRANZ 4. SAYLES
CHARLES VI. sCHwAB
SAMUEL II. MILLER
EDWARD K. TIMER
HENRY ID. ENnICOTT
ANDREW FLETCHER