davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-02-01
New Financing.

In addition to the sale of two lots OF
notes and bonds, aggregating $40, 100000
and announced in another column, 1t was
learned yesterday that Kuhn, Loeb q Co
have arranged TO sell to-day new West
inehouee Electric and Manufacturing
notes to the amount of the balance un-
converted under the privilege which eX-
pired yesterday. II was learned also
that the bankers have a sufficient num-
Der Of proxies. meaning one-haf the
common and two-thirds the preferred, to
insure the creation OF a mortgage at the
special meeting OF Philadelphia Company
stockholders to be held on Monday As
soon as the approval is granted the
bankers plan to announce the Offering
OF SIC. 100000 8 per cent. notes secured
by the new bonds The privilege OF con-
verting United Kingdom notes which
mature to-day into long term bonds eX-
pires at the close of business to-day.
The sun., 1919-02-01
. Gold MOyements,

Gold coin to the amount OF s1.15O. 900
was withdrawn from the Sub-Treasury
yesterday. The announcement said that
II Is TO be shipped 10 South America and
II was learned that tho entire amount is
TO go to the Argentine Republic, which
is creditor nation in relation to the
United states and which enjoys a IA
vorable exchange rate. In view of that
concession to Argentina under the sys-
TEN OF Government controlled internal
tional gold markets II is noteworthy that
both in December and through 1918
there was big shrInkagc in gold move
ments. United states gold imports In
December were Sl,765,692, against ST.
920.209 in November and $2.5OO,OOO in
December. 1917, and gold exports were
s1,579,996, against $3,047,997 the month
before and $4,500,000 a year ago. For
1918 United States gold imports were
$6l,65S.129 and exports Sal, loss, $50,
making excess imports s20,5S9.776. In
1917 imports were SUCCESSORS and ex-
ports 1871 .5s9260. making excess i'm
ports s2S0,4s3.7S5.
The sun., 1919-02-01

Bankers look for good market next
week for short term note issues. includ-
ing the s25O00.000 Southern Railway
notes. which are to be offered by Chicago
bankers it Is understood, at 1854. They
base their prediction partly on the I'M
usual interest and dividend disburse-
ments. which begin to-day, and partly on
the distribution by the Government next
week OF the proceeds of certificates Of
Indebtedness. which will not go into fur
Their plant extensions, but should be
available for reinvestment. There has
been slight Improvement IN tho bon
and short term note market during the
past two days, but the betterment was
limited. The financing TO be consum-
mated this month is expected to be the
last before the flotstion Of the ffth
Government loan. for which few weeks
OF advance preparation must be consum-
mated.
The sun., 1919-02-01
FORM NEW PARTNERSHIPS.
Recently Organized Concerns Buy
New York and Cleveland scnt,.

A partnership between Charles e. r.
lows, for the last two years manager o,
Merrill, Lynch a Co.'S Cleveland Office
e. L. Worthington formerly secretary
Of the Tillotson K Wolcott Comnou,. a..
IIeNeland, New York and Cincinnati a.A
DAVID '. Morris has been formed IT
name of the new firm is Worthing'a.
Fellows 4 CO., with offices i'm tho Guns.
dian Building. Cleveland. Tho couIp.,.
has purchased seats on the New Norl, 49,.
cleveland stock Exchanges ana rI
succeeded TO the business OF Mc-r
Lynch n Co. in Cleveland The new finn
WIZ do "A general investment aud etu
brokerage business.
Nhitehouse & Co. and Charles r 81.
Il Co. have consolidated under tI. t,.
name or Whitehouse X co, Char.,, z
LAY becomes general partner .u o..
new firm and William II. Xicglor ',-
merry or the Gay firm. I'M retire fn...
active business and make Eis o''ipc , ..
Whltehouse g. co.
The sun., 1919-02-01
Things to Think About,

Under this caption the monthly letter
OF the American Exchange National
Bank, issued to-day, lists the following ::
Butter and eggs are cheaper at whole
sale and grains other than wheat, are
working to a lower level. II the Fed
eral Government sells wheat at the mar
ket the cost OF living should decline
and labor Will he much better of be-
cause the purchasing power of days
wage Will Increase and the American
dollar will regain part OF its former
real value. How can business men pre-
pare their statements of income. excess
profits. war profits. corporation reve-
nues. &c. for the Federal tax gatherers
within the allotted time when Congress
delays the passage of the new revenue
bill which will fix the tax rates and
bases of collection Such uncertainty
ties up capital AMI checks trade"
The sun., 1919-02-01
CONSOLIDATED EXCHANGE.

e. There was rsactionary tendency 20
The market at the close yesterday OF the
Consolidated Exchange. Final prices rep
Tensented net losses of from fraction to
about points. Steel common sold down
10 $685. and closed at S9"s. Equipment
and copper shares closed fractiorally
lower. Oil stocks were IN supply, Mex
Jean Petroleum losing III and Texas
Company more than 2 points Marine
preferred was weak and closed with a
net loss of about points. Specialties
and the minor industrials were lower,
except Studebaker and Distillers. which
lad fractional gains. Hide and Leather
preferred lost about points.
The sun., 1919-02-01
Oklahoma stock Issue.

According to the best information oh
tainable the 100000 to he realized
from the sale Of sthat amount of addl-
tional stock of the Oklahoma Producing
and Refining Corporation will be put into
improvements in the company's Texas
properties. In announcing that they in
tended TO ask the stockholders for au-
thorization for the issue the directors
failed to mention the use to which they
intended TO put the money. but from an
officer 1t has been learned that the major
portion at least il TO be used in Texas
The sun., 1919-02-01
GOSSIP OF WALL STREET.
h. II. T. Move Significant.

One OF the most interesting move
ments in yesterdays dull and narrow
session was the rise Of a point in b. r. I.
to 20% in the face of an infavorable
annual report. The suggestion was
made that the stock was oversold on the
reports of a probable assessment OF $40
share and the confirmation by Jacob
Schif when he said at recent luncheon
that the properties belong TO the cred
itors, meaning the bondholders, and that
the stockholders would have TO dig into
their pockets in order to preserve their
equity. The novel suggestion was made
at the annual stockholders meeting that
the stockholders assess themselves and
not leave the matter OF assessment to
the grave digging" bankers. which rep
resent the creditors The annual report
showed earnings Of only s199 share
for the full year 1918. and the surplus
in the last six months of 1918 after
charges was only s11,516. The total
amount OF receivers certificates now
planned for issuance approximates s17,-
100000
The sun., 1919-02-01
London Money Market.

LONDON. Jan. 81 Money. af. sr
cent. Discount rates. SHORT and ,,
months bills, 3l7-32 per cont Gr.' ..--
MUM at Lisbon. 600
The sun., 1919-02-01

on CITY, Pa. Jan. 31.-Credit bal
ances, 81. Runs, 676.7SS; average,
?0,ie2. Shipments. 94,199; average,
40Q,S0J
The sun., 1919-02-01

DIVIDENDS.

stock ot Pay
o.. r,. Record. able.
t.15 .................F Feb. Feb. 16
Gen. Chem. Co. q. 2He. Feb 81 Mar.
silversmiths Co. pr. a.
Southern Pipe Line Co.. q.
70 ................,,... Feb. Is Mar I
Ry-Products Coke Corp,
c, slJe.................Ja Jan IS Feb *
Hargraves Cot. Mills Corp,
a, &c.,. ........... Jan. 80 Feb.
Parker Mills Corp, q. go Jan. 80 Feb, /
The sun., 1919-02-01
Close Bank in Oklahoma.

WAsHINoroN, Jan 31.--The Comp
troller of the Currency was advised to-
day that tho directors Of the First Ma
The sun., 1919-02-01

tional Bank OF Hobart, okla, had closed
the bank and that an examiner has been
placed In charge. Details were not
given ..u...-,--
The sun., 1919-02-01
FOREIGN BONDS.
FOREIGN BONDS DEALT IN FLAT

Mexico Extern string IS of 80 1885,. IS Ga
Mexico Extern gold Is OF 'O4 1854 ~ Eli
Rus 1894 rente Is 1000 ruble dem. 20 :,
'Cash.
The sun., 1919-02-01
MONEY AND EXCHANGE,

CALL LOANS on ACCEPTANCEs.
Prime member bank acceptances ....... ILos
TINE LOANS.
Mixed Collateral. All Industrials
Sixty days.. 5LdJL Sixty DAYS -. 81 65L
Ninety days. 6L.a5Ls Ninety days, 5LG5u
Four months. 6l4p5r Four months 81. T5I
Five months........ 81 Five months. 81. iI5L
Six months."...... 6lsISix months 5E Q5I
COMMERCIAL PAPER.
Prime Endorsed Bills Six months .... 6d5x
Receivable. Other Names
sixty days.. 5a5IiThree to aT
Ninety days. 6g5Al months ....r... 695H
ACCEPTANCEs
80 days. 60 days. so day.
Bid. Ask. Bid. Ask Bid. Ask
banks .'':,":':: ~ ~ " a. ~
member banks a. ~ a.. q. 4. a.,
Ineligible banks
bills .........,.. ga 5 Ga o q.
CLEARING HOUSE STATEMENT.
Clearing House exchanges, sssl "a. los; bal
ances, $50, $40 SS5: Sub-TTeasury debit bal.
ances, $l,6sSS96; Federal reserve credit bal.
ancs. $3s,0l6,soo.
DOMESTIC EXCHANGE
Boston, par; Chicago. par: st. Louis. .Sa
i5c discount: San Francisco, par; Montreal
$50 GIL. per 81. 600 premium; Cincinnati, par
Minneapolis, 10c. premium.
SILVER PRICES.
Bar silver in New York, 81 on, I'M.
changed; in London. 4s-,d. unchanged:
Mexican dollars, TIE, unchanged
FOREIGN EXCHANGE.
The sun., 1919-02-01
BID AND ASKED QUOTATIONS.

New York Stock Exchange closing prices OF
Government and municipal bonds Accrued
interest is TO be added TO these prices
UNITED STATES CoyER INVENT n,,Nns
The sun., 1919-02-01
Investments
Tested by Time

Dtsc'ip.irs circulars triH
be furnished on request.
The sun., 1919-02-01

~ zen S"1S sOl2
2..S4 seabd A L adj
nv C&StLdh4s TO-. 80
1......71 Sinclair Oil 10
SlGas T. 1t II I6... 95
d Pas warrants
1...T1l2 B.. 80
Norfolk Sou s. southPac CIV IS
5.... co 12...1O17s
Norf & W CIV s, SouthPac CIV Is
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

stop selling groceries and no to
selling dry goods. alleging that
the world needs 20 he clothed
more than II needs TO be fed.
II the South can raise corn and
other crops more probably than
II can raise cotton. he must In
deed he fool who argues that
the South owes IL 70 the world to
continue 10 raise cotton. There
may be some people IN the world
whose minds are thus fiabhy and
morally twisted. but no Intelligent
man can for n moment take that
ground
There fs no obligation upon the
South to raise cotton merely 10
maintain the supremacy of this
country in the cotton trade of the
world. II other countries can
raise cotton by means of the
cheap labor In China or India or
Egypt AT lower cost than the
South can raise ii. there is no
earthly reason TO compel the
South TO sacrifice it's people In
order 10 produce cotton at the
starvation wages which are paid
to the cotton growers of India
and Egypt and Chlna.
Whenever the Sotith can raise
cotton prof1tnbly 10 itRelf, after
having paid a good living rate OF
wages TO every cotton laborsr.
and after having kanished from
the cotton fields OF the South
every woman who should be at
home and every child who should
be al school. whether they be
white or black. IL can probably
and wisely keep on growing cot
ton. But If the people OF the
south can find more profitable
employment in doing something
else than In raising cotton, then
II Is their hounden duty to do tho
work which gives them the best
hVing conditions and thus en-
ables them to provide the best
educational facilities for their
children
III the world cannot get it's cot
ton except from the South. then
II Is absolutely necessary for the
~orid 10 pay price which will
bring prosperity TO the cotton
grower and lift the rate Of wages
IN the cotton fields of the South
S-ad from Lbs fields to the factory
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
ASKS THE DISMISSAL Of
. HOFFMAN BREWERY SUIT
z. 8. District Attorney Appeals to
Court--Wants Brewers Injunction
Shit Dismissed

Assistant United States District At
torney Earl r. Barnes on April fled
papers in the federal district court of
New York city urging dismissal of the
suit brought by the Jacob Hoffman
Brewing company against government
authorities 10 enioin them from en-
forcing the provisions OF the wartirne
prohibition act. The motion recites
that the suit cannot be tried because
in effect II Is a proceeding against
the United States. to which the gov
eminent has not given its consent, and
therefore without standing in court :;
that II is an attempt to restrain the
defendant from performing his official
duty and that the facts alleged in the
complaint are insufficient to institute
q cause in equity under which the suit
was brought
To the lainant's allegations that
the war virtually was ended with the
signing Of tho armistice and its intro
dpction OF copies OF the armistice
Presid emit Wilson'S address to congress
announcing the fact, and Secretary
Bakers proclamation suspending in
tensive military operations, as exhibits
in support of that claim, tho govern
ment asks the court to take Judicial
notice Of the fact that the peace treaty
| has not been ratified and state OF war
| stiH exists between the United States
and Germany.
| The Hoffman brewing case i~ one o'
many legal battles promised by th'
brewers in their effort to defeat war.
time prohibition and nulitfy tho eigh
lteeuth amendment
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
WHEN THE SOUTH WIND CALLS.

as they approach or leave the Thir1
street tunnel. Jefferson park, terraoed
like a japanese garden. nestles on
the sunny side of Church Hill And
william Byrd park. on which too lit
tie money has been spent but loving
care has been lavished. offers Turing
yixtas Of water and forest and sunny
glade
ALI. THESE ARE YOURS
TOURS TO OCCUPY AND USE AND
ENJOY FOR THE PURPOSES FOR
WHICH THEY WE'RE SET ASIDE -
YOURS IN THE HIGHEST AND
BEST SENSE OF PERSONAL OWN
ERsHIp. JUST FOR THE TAKING.
When you have really discovered
these places OF beauty and made
them your own. you may want TO fare
farther--4owsrf Westhan1pton or
Lakeside or Joseph Bryan park or
Failing creek or Seven Pfnea~-oat
into the primeval woods where the
hyiidae pipe their vsrnal mating song
nv shallow pools. where red birds
pour food of ecstatic melody from
swnyfng naples, whore Jack-in the
pulpit r~ar~ his emerald ehanceI
through ieafy mold and VIVID iris
/ fings it's purpie-and- gold challenge
to elusive. exquisite orchids of haven
der and rosc.
These too, ARE your~--fow "a price
All the money and MI the motor CAR
I'm Richmond will not give them s'
you. cannot buy them for You Tho.
are yours ONLY when ron Iovr then
enough 10 forg~s nH other things II
order to be with them; and when yo'
give your time and effort to ind then
In their perpetual abiding place Il
C,otf's great outdoors
But HAVE A CARE BEGIN b
MAKING FRIENDS WITH TIL
PARK BIG OR LITTLE, WHICH i
; CLOSEST TO YOUR OWN Door
STEP.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
THE RIGHTS OF SOUTHERN FARMERS

Mse long ago. New England coo
- mAnufAeturer wrote letter.
$500 was quite generally printed In
of the east ard north al
1nah1ng The Southern farmers who
ERoDoss to rnr their paintings Of coz
- and g1vs mare attention TO other
1Bops, ono effect expected being the
Nnaintsnance OF cotton rrfcea
EAxnsst protests came Instantly
slkom many sources one OF the moT-
ygurons answers being given by Rich
80 H Edmonds editor OF the Manu-
S4nrturers Record After reviewing
- long established policy Of the New
s1ng1and cotton manufacturers 81
k2o16ang down the price Of the raw
oteg4al By every means in their
1900, with the result that much OF
So South has never been able 20
lergs from the condition Ct nnan-
EN1 dependence, MI Edmonds denies
- manufacturer assertion that Il
4kAe patriotic duty OF the Southern
naeS to plant every available acre
enokton this spring" adding:
There Ii no divine command
4onelng upon the South 10 raise
&S E1tton, either for the purpose o.
lntntaining the supremacy Of
N& Sln country In the cotton trade
tor clothing the world. There
10 divine command which Says
~ the Western farmer who can
Aa1ke more money in raising corn
MI b. compelled 10 raise wheat
moral responsibility whatso-
~ resfs upon the farmer to
1re any crop except that which
<SD him best. IT would be ut
IN absurd ia say that manu-
1MfeT shall change his line OF
oAuct without regard to the
11Ableneas OF the business or
- thak = buainAss man xhaA
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

Make friends with the park neAF''S'
~,ur home. Begin today. That ~
!, ~cu have the uxsai complement OF
.,,,rxsca, senses ana some power OF
excavation. e~ n ewer go little
ror there Is unrntxed delight IN
sarr for you The grass ts vsiVeV
- ,n freshness The trees nave
Ssoudea snte vivid masses Of color
me rower-eeds give prornis" of sum
uer riches TO eoros-
Yen may have n~ighbors for whom
vou do mot care. Some, perhapH' nave
!. &.na-rrv To intrrde into your per
sonA, affairs VOC can't re Intimate
~4,h thsxu~~ce7tainiy not with al 81
nam But you can have In that
r..r~rt mark friend OF the truest
scrt n yoa viii only give 1t chNn &c
- friend always 10 he depended
WDa00. HF@T C@I@1AS "a oA'
ssexer WIN you and II twice the same
tfrrourn ali the shifting seasons a. -
vnvs Won win End IN st the breath OF
49, life. always you can. md there
t,,s ssnss OF open space and freedom
on tbs steep slopes Of Forest NH
yioiess bloom now snd the white
n1sstx OF ths dogwood CLEAN through
scmber. Whispering pinsa ChimeS
80 and LIBBY XIII. with oarher~t
hvns and high clipped cfnaa afYor;
" Vida. bold. -Swcpt view of Ch~s
Nsrf,e1d and the tsdswater James TIN
CANDLES Hin, parched In front Of
rnaks-beiisve castle looks ser9nei-
acrosy ths casmcrfng mills and tn
Silent canal to historic Belle Isie ant
the turbulent rush of water aToun'
that ancient prison place Tree-rt'of
"a Monroe park. In the shade" q
great buildings. swarmm with chh
6ren. undtstnrbed by the anklin
fountain or the steady hum OF mo
tcrx. stirred only now and then b
NJ clxrnor Of incredibly hong train
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

and into every other avenue OF
work, to parity OF wages In
other sections.
Though written by man rather
FAR removed from the farms OF the
south. Mr.. Edmondg statement con-
stitutes q very clear declaration or IN
dependence with which unbiased PEG
pie can. find little fault The. future
u IN aS,soutneru fsrfrrr- IN M tnrsr
own hands to mn extent never before
known. They are well within their
rights 70 use their opportunity to
make their freedom permanent for
their cwr sake and for the everlast-
ing benefit Of their children.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

THE American Red Cross orga liza
ton in what is known as the North
western Zone Of France, including the
Important embarkation port OF Rrest,
has effected a substantial saving in
providing tables, desks benches and
chairs. for many urgent purposes, by
operating it's own furniture shop
The Red Cross employs in this shop
fourteen carpenters and two painters
Ihe furniture here produced Is used
IN equipptng recreation huts, officers
clubs. and for some thirteen or four
teen other lines of activity Just now
the Brest shop 'ts working on a large
order for furniture for officers and
enlisted mems huts which are heine
erected at St Naxaire.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
BlCCHANAlS HOLD WAKE
FOR JOHN BARlEYCORN
New York Soioons Indulge in Pan
a toUtpe--yFaIosap pad Per. ee'' y
- : = Stac,Srfy MirnIcked.

The 'Baochanal Of 1919" dinner
and cabaret staged by the Legislative
Correspondents association. was held
in Albany, y. r., April 49, Governor
Smith and members of the legislature,
political leaders and others promi-
ncnt in public affairs were present
The main theme OF the entertain =
ment was the passing OF John Bar
leycorn and the rapidly approaching
era Of prohibition. The banquet room
had been transformed into q saloon
and the president of the News writers
association presided behind a real bar.
He was dressed as bartender and
used bung starter for a gavel. The
only decorations were white draperies
suspended from the moulding about
the room After extending greetings
to the guests the president introduced
dignified professor of fine arts who
delivered n lecture on the mural deco
rations behind the draperies. AS each
drapery was removed il revealed a
picture of heroic size. Each picture
bore the face OF some state officer or
legislator.
After some take-ofrs on prominent
state officials the lights were extin-
guished and when they were turned
on again n Transformation had taken
place. The saloon had been trans
formed into an ice cream and soda
establishment The painting OF old
King Cole behind the bar in which
, the monarch was being served with
! intoxicants was turned into a picture
OF Governor Smith in which he was
being served ice cream sodas by his
servitors. The bartender became an
angel with wings and halo. On the
stage were a dozen reformed" bar
tenders who with pious mien sang a
! parody on the camp meeting hymn.
Whittier Than Snow" A wild west
holdup was staged, two. bandits re-
/ lieving the guests OF money, iewelry.
etc. Az tho two bandits vanished
i from the room someone called out,
/ Here comes William Fl. Anderson,
! OF the Ant,-Saloon league, who will
clean you UP az he did the legisla-
/ ture."
This liz probably an instance where
humor is saving grace. For II is
| recorded that many of.the state iegis-
lators, regardless OF the fact that the
ratification resolution received ma
jority vote, are intent upon passing
! a so-cailed law enforcement measure
that will permit the manufacture and
sale OF per cent beer, which would
indicate that they really hate to see
old John 70.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

Uncle Exxn b no more able to pay
n present debts with money you
mt In previous loans than he was
aAIs 70 meet . prevailing situation on
- hAttlsfront Ia France with na@n
Mo had already gtvun th@as avas In
pssvtous dr4ve~
Forget what You have dane-
when ths American soldier wsss
oalIiA upon for another attack. he
haant think OF what he had done, bot
- what hs hak to da~ The American
ae&11en n called upon now TO prove
AAmssH worthy Of what th% Boys d'd
= France.
Dven when victory Was remote tbs
A3n a tins battsenelds went on vita
1n3lus1Asm The peopts al hnrns
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
Dolrnan Wraps
Girls Goats

Made of silk or wool. In all the
spring shades. Sizes 8 to IA years,
$3.50 and up.
"Mar-Hoff" and "Techtile" Reg
ulation Suit, in linen and pongee; for
girls from 10 to Is years.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27

Small favors are always thank
fully received, but often unthank-
fully rem emil ered.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-27
FORGET WHAT YOU HAVE DONE

were equally enthusiastic ia eontribur-
ting FUNDS although they ala not know
how many more tirne~ they would ne
called upon Victory was their oetec
ttv~. They w~re as determined to
reach II as were the American SOL
disrz
How much usoY~ enthusiastic, Shonld
the nation be over this present drive
/ the victory liberty loan drfvas The
| obtecefve has been reached soon ri
! than sxpect@d T71aa In toe last lrs,-
erty ioan.
! The American army didrV 1gtst and
fan back. 1t kSpt going ahead. The
American people are not going to ruIl
back either They are going further
ahsad th1s ttrne Than wver SetareA