davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-01-25
T. o I'M m O ie S
/ n d US strial
Cotton

further sharp break in the cotton
market yesterday was followed by a
recovery Of approximately cent d
pound, the close being unchanged to
81 points higher. March contracts
sold up from 2O.95, the early low level,
to 2l.95, and closed at 21.67, or II
points higher.
1t was the last half day of business
in January, and the issuance Of no.
tices estimated at about $500 bales
led to liquidation of long contracts
stlll outstanding early in the session
After opening 60 points lower the Jan
uary delivery broke sharply, and be-
fore the selling had run its course it
touched 2l.00, a decline of 1856 points.
The spot month weakness disturbed
the remaining March long interest, and
that position was the next weakest
delivery on the list, selling off 81
points from the close of the previous
day. Later months were relatively
steady, but, after opening 80 to so
points higher, broke in sympathy with
the nearer positions, with May selling
at 1000 and October at 1906, or 20
TO 5O points net lower.
There was heavy Southern selling
on this decline. as we'll as renewal Of
local selling pressure, stimulated to
some extent by apprehcnsions that the
dispute over the forty eight hour
week would result in labor troubles.
When the near-month liquidation
slackened the market steadied on COW
ering by shorts and buying for reac-
ton, while in the late trading there
were reports of better trade demand
The early selling was accompanied
by reports that long lines distributed bv
margin calls after the recent severe
break were being liquidated and that
part of the Southern selling repre-
sented the hedging of spot cotton pre-
vlously carried without such protec-
ton. Foreign trade interests were
again credited with buying early new
crop deliveries.
Exports for the day were 12154
bales, making 171,070 for the week,
against 29,712 for the same week last
year. Southern spot markets were un
changed to rs points lower, most of
the larger markets being unchanged.
The local market for spot cotton was
quiet and unchanged at 25 SOC for mid
ding upland, compared with 31.s0c the
year before. The range of prices fol-
lows
New-York tribune., 1919-01-25
PIans TO Resume Mining
Operations i'm Mex;co

with the Improvement of conditions
III Mexico the Mines Company of Amer
lea is preparing to resume operations
at It's properties in Mexico. which were
interrupted by the revolutions. Hav-
den, Stone g. Co. have completed plan
OF reorganization by which the neres-
sary working capital will be supnlied
ne assets of the present company will
be sold to new corporation. to be
known AS the Dolores Esperanza Corpo-
Iat,o'l' with the same number of shares.
Holders will be permitted to nnrchosn u'
stock IN tho new company on s,,rrenJar
OF their old stock and the payment Of
81 share. '''s"' VI
New-York tribune., 1919-01-25
The Wool Situation

BOSTON. Jan. 24.--"The Commercial
Bulletin" tomorrow will say:
the wool auctions this week indi
cate. slightly easier feeling as re-
CARDS the finer staple woods and three
e'ghfhs blood combing woods. The de-
rnand for fine staple wools is still fair
~ Keen at the lower level, and the call
Tor woole down to gooG quarter blood
Is fair at prices current.
"The markets abroad show ,jttIo
change. South America being firm
while the Cape il bit easier.
price" :"
New-York tribune., 1919-01-25

Little by little the probable pol
icy of the Shipping Board seems
being disclosed. Two more mem
bers of the board have this week
gone on record in opposition to any
kind of government operation, and
for the prompt sale of the ships
TO private interests. But the
shadow of government control still
remains. An exporters committee
has made demand for radical
reduction in shipping charges. They
list eighty-fve firms who state that
continuance of present shipping
rates would throw their trade to
European competitors. They point
10 much lower rates in almost
every direction from London than
from New York. Yet the belief
still seems to persist in Washington
and elsewhere that any board what
soever can interfere to fix rates
more advantageously than the old
established firm of Opportunity e.
Need.
New-York tribune., 1919-01-25
Relevant Comment
Export Combine for Pine Products

Now comes along another combina-
tion which is to operate under the
Webb Pomerene law. Plans for the or
ganization Of an export company
sponsored by Southern pine interests
are. understood to have been completed.
The association will probably be
known as the American Pitch Pine
Export Company, and have a minimum
capitalization of $2,000000, according
that more than so mills will participate
in the organization representing an ag-
gregatc capital investment of over
S25O00O, 900, and capacity of produc-
tion for export of approximately 4,000,
100000 board feet
New-York tribune., 1919-01-25
character. The market closed at net
losses for the day of 10 to 10 points.
The range of prices follow:

Cottonseed Oil.-The market was dull
and largely nominal and at the present
time consumers are not disposed 70
enter into new contracts, as they think
the agitation against present methoos
of fixing prices may bring about very
radical change in prevailing restre'
tions and regulations.
New-York tribune., 1919-01-25
Corporate Returns
United Light and RAILWAYS Cor

VHItcU LIHHC ana INdIIWdyS COMPANY.
Gross earnings for the twelve months
ended November of the company and
subsidiaries amounted to $9,161,19S,
which compares with S7,563,147 for the
preceding twelve months, an increase
of 81 598, ,050. After operating expenses.
taxes, etc, of S6,4S5,466, net earnings
were $2,675,732 Balance of S979,7S9
was available for preferred dividends
Of SCOT ,656, leaving a balance of S372,-
1873.
New-York tribune., 1919-01-25
No General Steel Contract

Directors of the American Iron &
Steel Institute have decided that no
recommendations on suggested new
form of general contract for the sale
and purchase of steel commodities
should be made at this time. The con-
that any changes would not be bene-
fetal to the trade. A special committee
of the institute has had under dis
cussion the drawing up of new con-
tract forms for a period of several
years.
New-York tribune., 1919-01-25
Livestock, Meats, Provisions

Following arc yesterdays prices. compared VIZ
those of year ago.
Yesterday. year sSc
Live steers fair TO
prime 100 lib. Si775 09St775 sii25 @siSB
Dressed beef sides -,
ID. ..,.......... ~ % .2s rs q iva
Live veals. common.
TO prime. 100 10. 1900 "a i7oo 1900 @ ieW
Dressed yeals. city.
10. ......:...... .is q as - g g
Live owes. 100 H. 500 % $40 900 q lsW
Life lambs, fair to
~ prime 100 NJ. i4.oo q is.so is.ca g 7e:s
Dressed Lambs city .
;, ID. .;.....,.,.... al q 2s rs @ r
Hogs. 100 H.. I525 is taoa I7.ys q itm
Dressed hogs. ba-
ron. ID .,.. 2st. "a sssA oass& TN
Mess pork. Dbl. 5000 q 5000 z soSa
I'. Mrss ssst ,s,, bei $500 d $500 si.co & sa.w
H. - ...as,4o q ssn ssss . 50
New-York tribune., 1919-01-25
y Ill S te II a ce
Cereals

Wheat.-The question uppermost in
the minds Of the trade continues to be
the problem OF making good the gov
ernment's guarantee to the farmer. and
at the same time meet competition
from the markets of the Southern hem
lsphere. 1t is the consensus of oninion
IN wheat circles that the method of
marketing the present crop will not
be altered and that present price levels
Will continue to be in force through
out the season. The big break in other
grams, however. has served to disturb
confidence and there is a feeling of in
tense apprehension lest some action
pe taken which may disturb present
conditions. This is particularly notice
aple IN the flour trade, and members of
the local flour club held conference
yesterday afternoon with the view of
seeking some sort of assurance from
the food administration that present
prices will not be disturbed on this
crop, and also protection to holders of
flour similar TO that now extended to
holders of wheat
Corn.-Priccs suffered the heaviest
loss yesterday for any one day DURING
the present downward readiustment - of +
values. The January position in Chi
cago broke over II cents per bushel
and the other months were down So,
TO 7Hs under heavy general selling.
The cash markets in the West broke
SHARPLY and there was heavy selling
Of January corn in Chicago bv cas,
houses and against deliveries of about
quarter of million bushels of No 4
white corn. The theory of oenerai
decline in all commodities was ~
main factor and the evidences of weal,o al
ness in many Of the markets helped 70
undermine confidence in corn. ~
1t was said that holders in tbo co,r
try were becoming nervous and tbnt
interior stations were besieged with
requests for bids. WV"
N. x Yesterdays Previous Year
NeW YORK: close. cnan .rn
New-York tribune., 1919-01-25
Money and Credit

Money was in fairly liberal supply
at the Stack Exchange yesterday, and
the bulk of the business in call loans
sTas On basis Of ~ to 81 per cent
Inc renewal rate was ~ per cent.
Conditions In The market for fixed
date funds eere unchanged, with banks
New-York tribune., 1919-01-25
The Dollar in Foreign Exchange

Offerings Of exchange on Stockholm
and Copenhagen were Somewhat larger
yesterday, resulting in an easing Of
rates. Rates on London and Paris
were steady, and the general market
for exchange was dull
Closing rates yesterday, compared
with a week ago, follow:
(Quoted dollars to the pound)
New-York tribune., 1919-01-25
COTTON STATISTICS

Liverpool Cables.-Spot cotton, small
inquiry; middling, 70 points lover, at
15.94d; good middling, 35 points lower
at l9.4ld. Sales, 800; American, 300.
Imports nil. Futures opened Irregular
at "a to SO points decline. Closed un-
settled at net decline of 81 to 6S
points. January, 1856; February.
loII; March, 1890; April, 1851. Man
CHESTER: Yarns easier; cloths move
New-York tribune., 1919-01-25
Hay and Straw
Yesterday
iper toni
Coffee, Sugar and Tea

Coffee Futures.-The market was dull
throughout the entiga session. Open
iii ,ng at declines of to IS points, what
i'ttle support there was seemed to come
j, i roin lotion exchange houses, which.
however, was offset by local hear scll;ng
mere did not appear to be any outside
interest in the market. and tho small
Gays business was purely Of a local
New-York tribune., 1919-01-25

oats.-The market showed a steadior
tone at the start owing to reports that
.owi'Herlahd . mad purchased n cargo of
In corn, however, checked buyinp. and
subsequently the pronounced weakness
Ill all the commodity markets caused
New-York tribune., 1919-01-25
Call money.

Commercial Paper.-Brokers report
ed active dlscounting of commercial
paper on basis of to SIX per cent.
Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days.
New-York tribune., 1919-01-25

Southern spot markets follow: Cal
weston quiet, unchanged at 1925;
sales, 200 bales. New Orleans nomi-
bales. Mobile nominal. Savannah
nominal at Bic; no sales. Norfolk
nominal at 24c; sales, nil. Augusta
quiet, rs points lower at Csc; sales. S2S
bales. Memphis quiet, so points lower
at Csc; sales, 300 bales. Houston
quiet, unchanged at 26.75; sales, 143O
bales. Little Rock quiet, unchanged at
26.75; sales, SS7 bales.
. The weekend figures of the New
New-York tribune., 1919-01-25

The above rates express the cost of
foreign money in terms Of the Amer
lean dollar. You buy an English pound
sterling, say, at $4.7580. The intrinsic
parity is $4.865s per pound Thus you
say either that pounds are at dis
count or that dollars are at premium,
which is owing to the fact that in Eng
land the demand for dollars with which
to settle accounts I'M this country is
greater than the demand in this coun-
try for pounds with which to settle
accounts in England.
Bank Acceptances.-Rates were un-
changed yesterday, as follows:
Thirty Sixty Ninety
spot de- days. days. days.
livery: Per cent.Per cent.Per cent.
K | gi b Q
member
banks .4A@4 4h@4h 4A@4A
Eligible
non-mcm-
Der banks.4M@41s 4sa@4I4 43a@4h
Ineligible
bank blls5h@5 5H@5 5Ia@5
For delivery within thirty days:
Per cent.
Eligible member banks ......... 4is
Eligible non-member banks. ..... an
ineligible bank bills. ...e...... 6
New-York tribune., 1919-01-25

The greatest figure in English
shipping, Lord Pirrie, goes on rec
ord as saying that even on present
capacity it will take ten years to
build enough shipping to satisfy the
worlds needs. He takes a. most on
timlstlc view of our American
product and thinks that Yankee in
genuity ard resourcefulness will be
aoie to countervail against high
costs Of production. He adds that
british wages have, like ours, risen
very heavily, and "they will never
go back"
New-York tribune., 1919-01-25

Before the war fair sale price
Tor average cargo shipping was
around $50 ton. On that basis
the rate for time charters on boats
was under $40 ton a wear The
prevailing charter rate, varying
with localities, is from five to ten
times that amount. At one time
during the war it was fifteen to
twenty times the low rate. In other
words, shipping at 1925 dead
weight ton would, at even half the
prevailing rates, still earn very fair
dividends.
New-York tribune., 1919-01-25

Among the ten largest staples of
the country the one that has had
no heavy drop in price is oil.
New-York tribune., 1919-01-25
]. SPENCER TURNER COMPANY 20 YEAR
6 PER CENT DEBENTURES
Notice is hereby given that scventy-eight
(7S) six Co per cent debentures of j. Spen-
Ger Turner Company bearing the following

Said debentures will be redeemed at the
aforesaid price on presentation and surren-
der thereof, with all unpaid coupons at
tached, on and after the first Gay OF Febru-
AIRY, 1919 at the office Of j. Spencer Turner
Company. 56 Worth Street, Borough OF
Manhattan. City of New York. Said de-
TEXTURES viii cease 10 draw interest on the
first day of February. 1919.
j. SPENCER TURNER COMPANY,
BY L. y. Morris.
New-York tribune., 1919-01-25

The decision of the Money Com
mlttee is broadly this: That the
safety zone ropes will be removed,
but that brokers and traders must
not swim too far beyond where the
ropes used to be, or back they will
go again. The restrictions are re-
moved. The Money Committee is
not dissolved. The practical effect
of tins, at the moment, may not be
important, for the loans of MANY
brokerage houses were not near
their September is levels; but the
sentimental influence is something
else Yesterday, as vague rumors
of some action by the Money Com
mittee became gradually more def
mite and confident, market already
firm under the influence Of the
Bethlehem Steel dividend, became
more buoyant and more active. The
official statement did not appear
until after the market had closed
1t had always been regarded as
somewhat incongruous that the
Capital Issues Committee should
suspend its function of curtailing
"non-essentiaP' issues of securities,
while loan restrictions were still
left on the stock market.
The spectacular decline in cotton
is pointed to by the pessimistic as
an indication and barometer of
what will happen to all kinds of
prices. One observer believes that
the "bars are now down" and that
a general fall may be expected in
the next two weeks. Of all the
leading commodities, cotton was
perhaps due for the heaviest drop.
Of all commodities of large produc-
ton, save oil, it had the heaviest
rise. A decline to around 20 cents
merely represents decline to
something like parity with 1926 or
S1.20 corn. 1t is a little forgotten
that the government reduced the
price of wheat arbitrarily by
greater proportionate amount than
the total decline in cotton; or that
the decline in corn has been still
greater, or that, at market prices,
copper is now lower than cotton.
Or that pig iron and steel prices
were reduced by the government in
an almost equal degree. Taken
from the top price of the last year
and half, in each item, one could
say that very heavy decline in
prices has already taken place. Yet,
at present levels, the aveage of all
wholesale prices, as the index fig
ures show, is scarcely per cent
below the top. Individual prices
rarely move all together.
New-York tribune., 1919-01-25
Butter. Cheese and Eggs

Butter Receipts were S,cSS pack
ages. Creamery, higher than extras,
lb., 56l2 @57c; extras, 90 score, 55l2 u
56c; frst', So to 81 score, 52@5412c;
seconds, S3 to 81 score, 1872 @51c;
lower grades, 47@ 49c; unsalted, higher
than extras, 5S@5S1sc; extras. 57M
81 12c; extras, 57@ @57kc; firsts, 53@56c;
seconds, 500 52c; state, dairy, tubs, fin
est. SO Z a 541 Z; good to prime, 500
53c; common to fair, 46M49c; reno
waited, extras, 51@52c; frsts, 49M50c;
lower grades, 43sd47c; imitation
creamery, firsts, 46@47c; ladies, cur
rent make, f,rsts, 43M44c; seconds, Al
04l1a lower grades, 39040hc; pack
ing stock. current make, No. /, 41c;
No. 2, 3904Oc; lower grades, 36M38c.
New-York tribune., 1919-01-25

NUINI1HI.
Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune., 1919-01-25

offering mency at 5l4 to 51a per cent
for practically all maturites.
Ruling rates for money yesterday
compared with year ago, were as
follows:
Yesterday. Year ago.
Per cent. Per cent
Call money.
New-York tribune., 1919-01-25

Flour and Meal.-Quotation we're:
Yesterdays Previous Year
New York: close close ago.
Flour. Mimi sp pat S1O.65 s1o65 S1o.65
Rye flour, choice. s.ao@e.25 s.so@s.25 1850
Bran, 100-lb sacks. $500 $500 $500
New-York tribune., 1919-01-25

", This wl. Last yr.
w eek into slght. ........ 293,553 24O, ,545
- l,l.o slght TO GATE. II ,42O,845 1858, 8,47O
UenSIai I'.sIi Vislpie supply. 4'975,672 4,715,5t9
Visible supply American $500, ,372 3,366.5
Increase in general visible "A SOL 1880
Increase visible American 53.5O1 1o 9So
Spnners' takings Ameri-
for week ... 29OO5o o9a SOS
Spnners' takngs Ameri-
can to date .572s,s25 6,72t,7e7
New-York tribune., 1919-01-25

The Federal Reserve Bank of New
York has put in force the following
schedule of rediscount rates which
apply to bankers acceptances: Ma
turtles up to ; days, 4 per cent; 16 to
60 days, inclusive, AZ per cent; 81 to
90 days, inclusive, y per cent.
New-York tribune., 1919-01-25
Cheese.-Receipts were 1,s42 boxes.

Cheese.-Receipts were 1892 boxes.
State. whole milk, fresh fats. specials,
colored or white, lb, 36c; average run,
35c; lower grades, S2@341zc; twins,
specials, 36c; average run, 35c: lower
grades, 320l3412c: flats, held. 371bM
3sc; twins, held, 37k@3sc; Wisconsin.
whole milk. twins. held. 37hM3Sc;
single daisies, held, 3SM3S4c; fresh,
81 Il q 3Sc; double daisies, held. 371a0
38c; Young Americas, held 800 40c;
fresh, 381s 040c; state skins specials.
2e.a 2s &c; prime to choice, 26M261ac;
TAR to good, 2OQ25c; lower grades,
12@18c.
New-York tribune., 1919-01-25

,, Eggs. = Receipts were 6,5o5 cases.
FRESH gathered exWas, dozen, 61M6 62c;
eXtra hrsts, 6O(0@12c; firsts. 5834M
S9c; 9. seconds and poorer. 55M5sc;
poorer, 50M 53c; checks, good to choice,
dfy,. 4S@49c; under grades, 43M47c:
refrigerator, 32M51c; state, Pcnnsyl,
vanla and nearby Western hennerv
whites, fine to fancy, 690 Zoe; ordinary
to prime. 64@6sc; gathered whites.
ordinary TO fine, 64M69c; pullet whites
ego 64c; Pacific Coast whites, extras
o9(0 zoe; lower grades, 64@66c: West,
ern and Southern gathered whites. 62
Sco'c; state, Pennsylvania and nearby
hennery browns, 6l(a66c; gathered
brown and mixed colors, 59G62c.
New-York tribune., 1919-01-25

EDMUND L. BAYLTEs,
JOHN N. BEACH,
NICHOLAS BIDDLE.
JAMES BROWN,
JOHN CLAFLIN,
GEORGE c. CLARK.
j. WILLIAM CLARK,
FREDERIC A. DALLETT,
CLEVELAND Fl. DODGE.
CORNELIUS ELDERT.
G. STANTON FLOYD-JONEs.
New-York tribune., 1919-01-25

Sub-Treasury The Sub-Treasury
gained S127,023 from the banks on
Thursday.
Silver.-London, 4siad, unchanged;
New York. 101 1sc, unchanged; Mexican
dollars, TIC, unchanged.
New-York tribune., 1919-01-25

New York: close Io'ouS .la'o ear
Corn, No. yeffow s1.48 $3.50 ~
New-York tribune., 1919-01-25

The weekend figures Of the Nc
York Cotton EXCHANGE follow:
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1919-10-23
GREAT MOVING PICTURE
49, COMING TO GRAND

"The Fall Of Barbary Coast called
The picture that startled the United
States," will open at the Grand The
atre for two days only, beginning Oct
31st. This dramatic picture has not a
dull moment from start to finish, it de
.picts the fall Of San Franeisco's polit-
Zeal boss who held the threads of the
under world net in his hands. It is the
result Of a sermon preached by the
Rev. Paul Smith a Methodist Ministe,
OF San Francisco, which attracted the
notice Of the press and caused a ire.
mendous furore at the time of it's pre-.
sentation.
Grace Mafbury Sanderson, the well
known California authoress, who pro-
duced their super-production is ap-
pearing all over the United States
with her picture. Miss Sanderson is
granddaughter Of the late Mayor San
derson of San Francisco, and received
the largest amount for "The Fall of
Barbary Coast" ever paid for mo-
tion picture scenario.
I. Miss Sanderson will appear in per-
son on the stage of the Grand The
atre. :,
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1919-10-23
WINNERS IN BOYS AND GIRLS ),
COUNTY CLUB CONTEST,

Just as the Courant goes to press,
Co, Supt. Burr informs us that the
contest being conducted for school
children Of the county closed last
night with the following winners and
q remarkable incident in the contest
is that the Newborg Consolidated
sechool captured the three Grand
prizes and the three pupils get free
trip to Fargo besides each getting the
$50 prize for the Commissioner
District.
Sewing Grand prize to Mabel Fos-
sum Of Newborg Consolidated School,
No. 43. Also prize in ,3rd.. Commission
er District. s. : s.s.
Second Prize Florence Mclean of
Whitby School No. 2 and also the prize
for End. Commissioner District. .
Third prize Ellen Holt, Carbury,
also prize in the 4th Commissioner
District.
Poultry Grand prize goes to Es-
ther Moe Of the Newborg Consolidated
school and prize for Bird Commissioner
district.
Poultry Second Grand prize, Os-
car Fossum, Newborg Consolidated
school.
Potatoes Grand prize goes to Ella
Fossum Of the Newborg Consolidated
school and also prize for 3rd Commits
. sioner district.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1919-10-23
NEWBURG NEWS

Miss Lottie. Anderson and Mrs
Griffin of Minot have been visiting al
the A. p. Anderson home the past
week. ,,..1
Olaf RorAsos of Kramer wassa New
burg visitor one day last week. .I;11.s
Alvin Tronson autoed to Minot one
day last week on mEsiness trip what
does it all mean, Alvin s':.t 4,:s.s.
A. p. Anderson went to Landas Non,
day morning for repairs for his sract,
: DR.. Greene Of Westhope' has been
making quite a few sick calls at New
burg and vicinity lately. ?: ffS,' 4
The infant baby Of Mr.. and Mrs
M. johnson is reported improving.
Miss Laura Tronson is helping Mrs
A. Stoeser doing house cleaning this
week. * <s'e.. 2s3xtss
A bunch of Newburg young people
took in the dance at Maxbass Monday
evening", every one reported good
time.
Dick Kane who has made NeWbpre
his abode the last year moved back On
the farm last week. ,3t}sSa
News is scarce, SO is sugar.
The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1919-10-23
LANDA AND VICINITY.

Rev. E. T. Silness Of Bisbee was 4
guest at the Rev. Jordheim home over
Sunday night. Il.
The Mouse River Ladies Aid met at
the home Of Rev. Jordheim Wednes-
day. A large attendance was present.
C. G. jacobson left for his home in
Minneapolis last Thursday.
Rev. T. E. Tonneson Of Barton was
the guest Of Mr.. and Mrs. K. HI Bangs
Sunday night.
Our depot has received q new roof
and coat Of paint, making Z look
like q new building.
Mrs. O. N. Jordheim and children
Miss Lillian Bangs, Alfred Martjnson
and "A. o. Leding weer visitors at the
home of Mr.. and Mrs. NJ. 8. Thorpe.
8