davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-02-25
COTTON MARKET IRREGULAR:
Southern Selling Orders signal for
General Liquidation.

The temperance Of Southern selling
orders seemed to be the signal for more
or less general liquidation and more sg-
gressive pressure from local and Wall
Street sources I'm the cotton market yes
terday. March was particularly weak.
selling off from 23,22c. to 22.25c, and
closing at ease or 70 points net lower.
while later months rallied some 20 TO
35 points. The general list closed steady
at n net decline OF 90 to ~ points
Reports OF increasing curtailment
among the Southern mills and of I'M
favorable political conditions in England
were contributing factors on the decline.
The main influence, however. appeared
to be the increased Southern hedge SELL
ing. which suggested that low grades
were still seeking an outlet, notwith-
standing the extra ordinary discounts. A
good deal of this selling was In the near
month, which probably stimulated the
disposition TO liquidate long contracts in
advance OF possible notices to-day
The sun., 1919-02-25
GAS COMPANY WINS
POINT IN RATE SUIT
Judge Mayer Denies City's
Right to Intervene in
the Case.

Federal Judge Julius NJ. Mayer yes
terday denied leave to the city to inter-
vene In the suit OF the Consolidated Gas
Company to set aside the so cent gas
law. Tho plaintiff named the Public
Service Commission. District Attorney
Swami and State Attorney General
Charles ID. Newton as defendants. Will
lam p. Burr, Corporation Counsel, inter
posed for the city in behalf OF consumers
and as the largest individual consumer
of gas.
The court held that tho Public Service
Commission Is the proper authority TO
represent the city. He quoted from the
law creating the two State commissions.
He said that the question was solely
one OF law and not OF public or admins
rative policy. and thst In this case the
city has neither legal interest or legal
duties which make possible an order
from him authorizing the city to inter
vene.
Judge Mayer reviewed the litigation
affecting tho rate OF gas In this city, be-
ginning with the enactment OF the 50
cent gas law In 1905. He summarized
the suit OF the Consolidated company at
that time to restrain the enforcement of
the law. This suit made the Attorney
General. the District Attorney, the Com
mission OF Gas and Electricity and the
Sity VI sNV" toEh III AbUf
the Public Service Commissions were
created, and that OF the First district
was substituted for the Commission OF
Gas and Electricity In the gas suit
The United States Supreme Court up
held the so cent law, but ruled that the
gas company might seek relief II the &C
tuai workings Of the law tended to be-
come conf1scatory.
Judge Mayer said that the present suit
is different In that the Public Service
Commission Is the Official body charged
with representing the interests OF those
| who will be affected by q change in the
rate. He pointed out that the gas COM
| pany has not complained against the
special rate nxed by statue for the city
| as 1t did In the first suit.
The Consolidated company opposed
the motion for leave to intervene. The
company seeks to set aside the law on
| the ground that the increased cost Of la
Dor and materials has made the so cent
| rate conhScatory.
The sun., 1919-02-25
Columbia GraEhothone Manufacturing Co.

COMMON DIVIDEND NO. 4.
The Columbia Graphophone Manufacture
ing Company announces a change In It's
dividend policy AZ regards its Common
stock, and that instead of the quarterly
dividend formerly paid, amounting to tl.1b
per share, the regular quarterly dividend
will be $3.50 Ia cash and one-twentieth
t1-2o) OF a share OF the Common Stock Of
the Company on each share OF its outstand-
Ing Common Stock
quarterly dividend (No. - of f2.bo in
cash and one-twentieth I-2oD Of a share
In Common Stock has been declared. pay
able April LIST, 1919. on each share Of
the Common Stock of the Columbia Graphic
phone Manufa curing Company to stock
holders of record at the close OF business
March 18th, 1913. Transfer books VIII
not be closed.
c. W. woDDRoP, Treasurer.
The sun., 1919-02-25
CENTRAL LEATHER
EARNINGS SHRINK
Company's Profits Equal to
S10.44 q Share on the Com
mon Stock.
WERE S30.14 IN 1917
President Reports Cancella-
ton Of Large Orders With
the End Of War.

The annual report OF the Central
Leather Company issued yesterday dis
closed q decided drop In the earnings
for the year 1913 as compared with the
preceding twelve months, the reason be-
Ing the adverse effect OF ocean freights
On expectation conditions, az we'll as the
tremendous increase In manufacturing
expenses brought about by the high cost
Of labor and material.
The net income shown In the report
for the year 1918 was but ss.+7s,434
after the deduction OF Federal taxes and
charges, which was at the rate OF sl0.44
q share on the common stock. This
compares with q surplus OF sl4.404.S55,
or sSo.1t q share. earned In 1917.
The total earnings OF the company for
the year after the deduction of operating
expenses, maintenance and repairs, plant
abandonments. ell taxes, &C.. were
sl3s23t37, which compares with s21.-
o66.o61 In 1917 The Item OF expenses
and losses was slightly higher, being
s5.000.270 as compared with s4,S63.S47,
leaving q balance Of t7.922.167 as against
s16,202,2i3. The net income before divi-
dends for 1918 was s6,47s,434 as against
s14.<04.s65 In the preceding year. and
the surplus for the year after the pay
mont OF all dividends totalled S1.366,441
as against ss.50o.SH.
Improvement IN domestic trade" said
President Edward c. Hoyt in his re-
marks to stockholders. due in a large
extent to the demand of the Government
for boots and leather equipment for the
army. stimulated the business during
the six months from April to October.
At the signing OF tho armistice the UNI
flled portions OF the contracts for boots
and equipment leather were largely
cancelled by the Government. with the
provision. however. that In the adjust
ment with manufacturers the undeliv-
cred portions OF the leather contracts
would DO recognized.
The explorations OF leather were ad-
versely affected, due to the conditions Of
ocean freight. Restrictive measures on
importations OF both raw and finished
materials were deemed essential for
many reasons by the Government OF
Great Britain and our exports to that
country were confined 10 direct Govern
ment contracts. Expectations TO France
were possible only under LICENCES to nm
port obtained by application OF the i'm
porter to the French Government and
were In very small allotments during
the year. No opportunities for exporta-
ton to neutrals were available, and the
| chaotic situation In Russia has shut of
trade opportunities in that country.
Manufacturing costs have continued
to increase during the year. Both labor
and materials have been higher and we
have suffered in production at times
through irregularity Of labor and lack
Of transportation due TO the severe eli
matte conditions during the earlier part
| OF the year and Government restrictions
| and priority orders due to war necessi-
ties. The earnings for the four quarters
OF the year were, after making deduc-
tons for estimated income and excess
profit taxes respectlyeiy:
The sun., 1919-02-25
CONSOLIDATED EXCHANGE.

Prices were irregular In an active
market yesterday on tho Consolidated
Exchange. Baldwin Locomotive went up
points to SON. and closed at 7ek. In
w." steel group Crucihle was the strong
Q feature. with q net gain OF Y, Steel
,ammon; which toucnsd sj early u the
-s,s on, was subjected to pressure toward
'.e close and lost 4. Marine preferred
7scd at 1908, n decline OF 2A. Tho
g. shares. with the exception Of Mexican
ir,roleum. which advanced 2ss. had
closing losses Sumatra advanced 8
points and Rubber was up more than a
Uc.nt. Railroad shares closed firm.
The sun., 1919-02-25
NEVADA EARNINGS DECLINE.
.Porphyry Company Reports Deacit
for Final Quarter.

The report OF the Nevada Consolidated
Copper Company for the quarter ended
December 81, 1918, was ISSUED yester-
day. being the last of the four porphyry
companies to report This report showed,
as did the other porphyries, a decided
falling of in earnings in comparison with
the preceding years final quarter. Net
earnings after depreciation were Sl0,lse,
or one-half OF cent per share on the
capital stock of IS par value. This COM
pares with earnings OF ;sso.2s3, or ~
cents share. earned in the last quarter
of 1917.
The preliminary report OF operations
for the year showed earnings after
taxes. depreciation, &c. s3.459.s79. or
S1.73 a share. as compared with ss,66l.-
1919, or s4.s3 a share, earned on the cap
ital stock In 1917
The sun., 1919-02-25
NEW CERTIFICATES TAKEN.
Federal Reserve Bank Closes Sub
scription Books.

Treasury certificates OF indebtedness
series To-, have been subscribed for to
the extent OF 1870. 900 and the Fed
eral Reserve Bank of New York yester-
da,smQs { the '-Jue had, T. m
closed. The statement issued By the
bank follows:
THE subscriptions for Treasury car
tificates OF Indebtedness. series To-,
dated January Is. 1919, and due June
II, 1919. will close ut the close OF bust
ness to-day and no further subscriptions
will be received for such certificates ex-
cept such as may have been actually in
the malls at the close OF business to-day.
The total subscriptions to date amount
10 approximately S370, 200. 900"
The sun., 1919-02-25
COBALT.
COFFEE MARKET.

There was little buying OF the later
months by brokers with domestic trade
connections in the market for coffee
futures yesterday. The demand was by
no means active. Otherwise there was
little feature 10 the trading, and after
showing net gains OF about 3 to 3 points
prices eased slightly under realizing.
May sold up TO l4,67c. and December at
1900. and closed at l4.61c and 1850.
respectively, with the general market
closing net unchanged to 4 points
higher. The local spot market was
quiet, at is lac, for Rio rs and axe for
Santos As.
The sun., 1919-02-25
BUYS CANDY STORES.
United Cigar Company Gets Loft,
Inc. Cor sS.ooo.Ooo.

The chain OF candy stores operated
by Loft. Inc, has been purchased by the
United Cigar Stores Company, according
TO report received yesterday. It was
declared that ofiicial announcement OF
the acquisition OF the new line by the
United would be made within a day or
two.
An official of the United Cigar Stores
Company said yesterday afternoon that
the deal had not been completed, but
admitted that negotiations were pending
and that 80 far as he knew there was
no hitch In the plans which might hold
up the transfer. 1t In understood that
the stock OF the Loft company Ia TO he
acquired at par. which would make the
price to the United for the entire out
standing capital stock $4,000, 900.
The sun., 1919-02-25
ALASKA COLDS QUARTER.
Reports Deficit for Last Three
Months of Year.

The quarterly statement OF the Alaska
Gold Mines Company covering the last
the quarter OF s7S.321 after all expenses.
which compares with n deficit OF $1i.9s4
in the third quarter and a surplus OF
sS7.6s4 in the last quarter OF the preced-
ing year. Not only was the gross value
Of production reduced by s23i. 003-from
s45s,545 to S22T542-but the operating
expenses were greatly increased In pro-
portion to the total production. being
s?97,696 for 1915 against $I7.713, max
ing a deficit before losses from other
sources OF more than $4,000. For the
entire year the company shows a total
deficit OF S110.29o against total profits OF
$27S,636 in 1917. The gross production
for the year 1918 was sl.l34.l22; operat-
ing expenses Sl,225,0S7.
The sun., 1919-02-25
CORN PRICES ADVANCE.
Unsettled Weather and scant
Movement Bull Factors.

CHICAGO, Feb. 24.-Corn averaged
higher In price to-day owing chiefly TO
the scanuness OF the crop movement
and to predictions of unsettled weather
The market closed unsettled. 1c. of to
lc. up. with May sl.24k TO sl2i%, and
July si.1sh TO tl.lsh. Oats finished
Ac. down to like advance. Provisions
gained 20 TO SIC. In the corn pit, the
central fact appeared 10 be that rural
holders gave no evidence of being more
inclined to sell. and that on the contrary
corn was still being fed freely on the
farms.
The sun., 1919-02-25
CORS-Ths corr
Nsf.a EnAaf -

CORS-Tha corr market was compare
lively quis. EEY the greater part e the
day. In the local cash market 49, ell
c. {. New York.
OATS-Ths market was inactive during
the greater part OF the day. The local
at sec; No. 2 white. esi4e. No. 3 white,
6sh TO 6sc; No. white, csc; fancy
clipped white. sSh 70 70hc,; ordinary
clipped white, 6s to egc.. all elevator.
hYE-Eyidence OF further export de-
mand had . strengthening influence on tho
rye market; No. 2 Western quoted at 1l.62
c. I. New York.
BARLEY-There was some export in
curry FOR barley and prices held STEADY;
feeding quoted at ob to sc; mailing.
500 TO SI.07 C. e. New York.
BUCKwHEAT--Mark dull; sound mill
ing. 1905 c. {. New York.
HiY--Market firm. No. !. yt.40 to ti.5o;
No. 2, $3.50 to sl.s5: No. Q. sl.lb to sl.20,
sTRAW-Market quiet. No. rye. ga
The sun., 1919-02-25
Factory Products Expands.

p. A. Cheney Co.. Inc. exporters
and importers OF food products, have
become associated with the Factory
Products Corporation. according to an
nouncement made yesterday by the lat
ter company. B. A. Cheney will con-
tinue To, conduct the business of the
company as its vlce-president and active
mead OF the new corporation.
The sun., 1919-02-25
DIVIDENDS AND INTEREST.
Columbia Grsphovhone Manufacturing Co.

PREFERRED DIVIDEND NO. 1.
A quarterly dividend (No. - OF one and
three quarters NAD per cent. has been
declared upon the Preferred Capital Stock
of the Columbia Graphophone Manufac-
turing Company. payable April list, 1919, 10
ness March 18th, 1919. Transfer books will
not be closed
The sun., 1919-02-25
United Gas Earn. $4,000. 900.

The preliminary report OF the United
Gas Improvement Company OF Phila-
delphia for the year Just ended shows
regular income Of s5.777,637. as against
S7654.sO6 In 1917. Other income, how
ever. Increased by more than a million
and half. bringing total income for
1918 up TO &7,s67.037. as compared with
SB.l63,444. The net income after charges
was slightly In excess OF 100000. and
the surplus for the year. after the pay
ment of dividends on the capital stock,
totalled s214,125. as against $l'S32'15O
In 1917.
The sun., 1919-02-25

Tho company has no Indebtedness e1-
cept for current monthly accounts and
dividends declared and unpaid. Current
assets are in excess OF current liabilities
by the sum Of s75,s84.lo4.76 and arc
S$5,3i0,954.75 in excess OF the entire
liabilities (including the bonds) exclu-
sive of capital stock
Current accounts receivable are IN
good condition, the estimated percentage
OF bad debts being less than one twenty
ninth of / per cent of the amount OF
sales.
I'm conformity with the plan Of the
board OF directors, announced in their
annual report for the year 1918. for the
partial retirement of the outstanding
bonds OF the company at the date OF
maturity. April /, 1926. 100000 of
moneys derived from stutnpage was dur
ing 1918 appropriated and invested in
the bonds of the company. The income
from this special fund. which to Deem
Der 81, 1918. amounted TO s7os, 525.50
has been carried to reserve for deprecia-
ton. As shown by the annual report
there are $4,000 of bonds In the treas
ury which are available for appropriation
to the special fund in tho year 1919"
The sun., 1919-02-25
ELECTIONS AND MEETINGS.
NOTICE OF ANNUAL MEETING OF
STOCKHOLDERS
KELLY.SPRlNCFIELD TIRE COMPANY

The Annual Meeting Of the Stockholders
OF this Company will be held on the llth
day OF March. 1919 at IL O'Clock noon. At
the ONCE of the Company, Is Exchange
purpose OF electing a Board Of Directors,
receiving and acting upon the reports OF
the officers, including ratifying and APP
proving the acts OF the officers Directors
and Executive Committee since the last
Annual Meeting of Stockholders. as set
forth in the Minute Book. which Will bc
presented to the meeting and be open TO
the inspection OF Stockholders, and for the
transaction Of such other business as may
properly come before the meeting.
In accordance with the laws OF this
State of New jersey, stock can be voted
which has been transferred the books
OF the Company within twenty days next
preceding the date OF this election.
FREDERICK A. SEAMAN. Secretary.
We ria
The sun., 1919-02-25
OREGON SHORT LINE RAILROAD co.

In pursuance OF the provisions Of the In
denture, dated March LIST. 1897, between
the Oregon Short Line Railroad Company
and the State Trust Company as Trustee.
Guaranty Trust Company Of New York AZ
successor Trustee hereby gives notice that
"a general meeting of the holders of Tn"
above bonds will be held at the ofnoe o !:
the GUARANTY TRUST COMPANY OF
NEW YORK. $40 Broadway. New York
City. on March eth. 1919, at twelve o'clock
noon, for the purpose Of nominating two
GUARANTY TRUST COMPANY OF NEW
YORK. Successor Trustee.
BY CHARLES II. SABIS. President
The sun., 1919-02-25
ATLAS POWDER COMPANY

Wilmington, Del, Feb. IS, 1919
dividend of 2es on the Common Capt.
tai stock of this Company has been de-
clared payable in cash Monday. March
10Th, 1919, to stockholders OF record at
the close of business on Friday, February
2sth. 1919. Stock transfer books will be
closed against the transfer of Common
stock with the close of business on Friday.
February IS. 1913. and rs-opencd at 500
clock A. NJ Monday, March 10th. 1919.
LELAND LYON. Treasurer.
The sun., 1919-02-25
New Orleans Cotton Market.

New ORLEANS, Feb. 24.-The cotton
market felt heavy selling to-day. fol-
lowing a short period OF steadiness and
higher prices on the opening. Final
prices showed net losses Of 81 TO 36
points. March. 24,20; May, 2250; July
2l25; October, 1880; December. 1915
spot steady, rs points up. Middl!ng
272h.
The sun., 1919-02-25
AMERICAN GRapBoPRONE co.

PREFERRED DIVIDEND NO. SO.
quarterly dividend go. sS) of one and
three quarters %esb per cent. has been
declared upon the Preferred Capital Stock
of the American Graphuphone Company,
payable April list. 1919. to stockholders Of
record at the close of business March 18th.
1919. Transfer books will not be closed.
& w WODDROp Treasurer
The sun., 1919-02-25
COMPREHENSIVE NOTICE.

The Arm OF Henry W. Peabody Co.
composed Of the undersigned has been dis
solved: Charles u. barry, Frederic W.
Lincoln, John r. Bradiee.
The undersigned have formed a partner
ship to carry on business under the name
OF Henry W Peabody Co: Frederic w.
Lincoln, John Il. Bradee, Charles Il. Barry.
New York. February -. 1919.
The sun., 1919-02-25
AMERICAN GkAPHOPHOSE co.

NUMMDN II 7 IDEND No. 30.
A quarterly dividend GO. $50 Of one and
three-quarterS q 80 per cent. has been
declared upon the Common Capital Stock
of the American Graphophone Company.
payable April let, 1919. TO stockholders OF
record at the close OF business March 18th.
1919. Transfer books will not be closed.
c. W. MODDROP. Treasurer.
The sun., 1919-02-25
UNITED STATES CAST IRON PIPE AND
FOL NDRY COMPANY

lNFW IFIJ.
The Board Of Directors OF this Company has
this day declared a dividend OF Five Per Cent
C5e) on the Preferred Stock of this Company
out Of the earnings for the fiscal year ended
December 5lst, 1918 payable One and One
quarter Per Cent. Qi4%) quarterly; the hrst
quarterly dividend TO be paid March 18th, 1919,
10 stockholders Of record March lst 1919.
b. L. HAJGITON, Secretary.
The sun., 1919-02-25
Custom House Receipts.

Receipts for duties at the Custom
House yesterday we're sGO2'SeS.sb' OF
which sl32,207.ss was for merchandise
,,,,.hSrayu from bonded warehouses and
s47o. 4S6. OF for recent importationA
The sun., 1919-02-25
London Money Market.

LoNnoH, Feb 2i.-Bar silver AN q.
per ounce. Money, 3ls per cent. Dis
count rates, short and three months bills.
per cent Gold premiums al
Lisbon, see. g..
The sun., 1919-02-25

Ioneo CRbIes-Rio was 70 reis higher for 7s
at 1890. Exchange unchanged al 10 5,2ed. Re
cepts 1000 bags and stock 1870. 900 bags In
santos spots were l0o rels lower for Is at
l82oo. Futures rs to ITO reis lower. Receipts
% 900 bags and stock 249. 900 bags Receipts at
the ports were 1900 bags, against Al, 90 last
year; Sac Paulo had %, 0oo. against 80, 600, and
Jndiahy i2,oO0 against 600 last year. Cleared
from Santos February 81 s7,Op0 bags for New
Orleans and on the 22d 5000 for New York and
5000 for New Orleans.
The sun., 1919-02-25
GENERAL ELECTRIC COMPANY.

Notice Is hereby given that a dividend Of
two dollars per share will be paid on April
Is. 1919, to stockholders Of the General
Electric Company OF record at the close Of
business hours on March 10, 1919. The
stock transfer books will not be closed
by order Of the Board OF Directors
NJ. f, MISSIONER. Secretary.
The sun., 1919-02-25
p. LORILLARD COMPANY.


Notice Is hereby given that the Annual Meet
ing Of the Stockholders Of +. Lorillard Company
for the election Of Directors, and the trans
action ~ such other business as may properly
come before the meeeting. will he held at the
Home once of the Company. Newark Avenus
and Senate Place, Jersey CITY, y. J., on the
18th day Of March. 1919. at II O'Clock A NJ
WM x RHET-r. Secretary.
The sun., 1919-02-25
CENTRAL or GEORGIA RAILWAY CO
Annual Meeting Of StockhoIders.

Savannah, Ga, February 70, 1879.
The annual meeting OF the Stockholders
OF Central OF Georgia Railway Company
will be held at the once OF the Corpora
ton. No. i6 BRYAN Street. East in this
City OF savannah, Georgia on Wednesday,
the 18th day OF March. 1919 at 1900
o'clock A. NJ, for the election OF Directors
and the transaction OF such other business
as may come before the meeting.
The sun., 1919-02-25
Elk DIVIDEND TABLE.
DIVIDENDS.

provided the necessary funds are re-
ceIyed on or before that day.
The sun., 1919-02-25
DIVIDENDS AND INTEREST.
NATIONAL LEAD COMPANY.
~ prnaAuau Naw NnrG

III broadway. New York.
quarterly dividend OF one and ons-
quarter per cent has been declared on the
Common Stock OF this Company payable
March 81. 1919, TO stockholders OF record
at close Of business March IA, 1919.
FRED r FORTMEYER, Treasurer
The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1919-02-27
SOUTH SLOPE

The regular meeting Of the Cres-
cent Improvement Club will be held
at the club house. Friday, Feb. 81
Mrs. Ethel Tucker and Mrs. Bessie
Tyler are the hostesses for the after
noon.
February 81, at the A. A. Richards
he:asee, The Crescent club ladies, their
husbands and several friends, spent
an enjoyable evening with cards. An
elaborate lunch was served at 1880.
Mrs, Richards was assisted in reciev-
ing by her sister, Mrs. Black of Boise.
The spacious rooms were made doubly
attractive by festive decorations. At
least six forts, bristling with the Ma
tional emblem, and the cut flowers
made the scene a pleasant one to re-
member. The club members are in
debted to their host and hostess for
one OF the very incest entertainments
in the history OF the club.
c. T., Hartley and son Charles made
business trip to Butte, Mont, re-
turning home last week Thursday.
c. p. Hartley and George Fenton
have been confined to the house sever
al days with grip symptoms.
Mrs. Ray Stinson spent several days
in bed, sick with muscular and bron-
chial trouble. She is improving nicely
this week
Mrs. Oscar lvie was very great
sufferer the past week, caused by an
abscess in the head and ear She is
much improved at this writing.