davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16
Maturity

The Federal Reserve Bank of New
York has put in force the following
schedule of rediscount rates which
apply to bankers acc eptances: Maturi-
ties up to Is days, 4 per cent; Is to
60 days, inclusive, 4A per cent; 81 to
80 days, inclusive. Az per cent.
Bank Clearings.-bank clearings yes
terday were:
Exchanges. Balances.
New York ...$675,5 O5,53O $51,696, 563
Baltimore e.. 12,957,81o 6,O94,717
Sub-Treasury. The ub-Treasury
gained $4,000 from the banks on
Friday.
Silver.-London, 47%d, unchanged;
New York, 101 &c, unchanged; Mexican
dollars, 77hc, unchanged
Bank Acceptances.-Rate were I'M
changed yesterday.
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent.per cent.Per cent
Eligible
banks ..4h@4 4A@4a 4h@4A
Eng1ble
non-men-
Der banks .4s@4 4h@4I4 4sa@4as
Ineligible
baax bills.sl4@41a 514@4Ia 5I4@4s4
For delivery within thirty days:
Per cent.
Eligible member banks. ....... 4ls
Eligible non-membpr banks. go. 4R
Ineligible bank bills .......... 6
London Money Market.-LONDON
March 15.-Closing rate for money
3A per cent. Discount rates are short
and LII - ILL.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16
a Good Word for
u. s. Consular .Seyrice

When Mr.. Vanderlip referred to the
proposed extension of the commercial
information service of the American
banks brief debate was provoked as
to whether it was proper for private
concerns to undertake such service or
whether it should be left open to the
governments. e., to the consular SER
vice and the Bureau Of Foreign and
Domestic Commerce.
Some business men, who apparently
knew nothing of the development of
the American official trade information
service in the last decade" Mr.. Snow
writes, "deplored the fact that we had
an inferior consular service and De-
partment of Commerce, and paid the
usual tributes TO the mythical colossal
development of such services in Cor
many. OF course, as has been acknowl-
edged time and again, officially and I'M
officially, in England and elsewhere
abroad, and as is generally recognized
in tho United States by those who know
the facts, our consular and commerce
services compare very favorably with
those OF the other most advanced COM
mercial nations, although there is adj
mittedly room for Improvement
"Our government services in the
matter of trade information found
ready supporters among the exporters
on board, who testified to their excel
lence and practical character, and the
conclusion of the discussion was that
in any event there was room for all
the trade information services that the
government and the banks and other
private or semi-public organizations
could give. There are lines of service
credit information, for example, which
the banks are in a better position to
give than government Offices, and it is
on such lines that the banks can prove
most helpful"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16
Regular Declarations
Repercussions

There certainly never existed before
such a basis for American trade activity
and prosperity. -Boody, Mcclellan &c Co.
Cotton Is likely to approach the more
normal levels existing before the war
LGhsnan Brothers, .
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16
Finance : Economics

Copyright. 1919. New York Tribune Inc)
When a Wall Street man fares
forth to buy himself hat, his atti-
tude is the attitude Of any other
man. He looks upon the price of
hats as fact that faces him ex-
ternally, independent. of his own ac-
ton, and which imposes upon him
the conditions under which he must
make his selection. He. does not
stop to think that these prices are
themselves constituted by other peo-
pies acting precisely on the prin-
ciples on which he acts. 1t does not
occur to him that he is, in fact, by
his own action, contributing toward
the formation of those very market
prices which appear to be external
ly dictated to him. Because other
people are doing exactly what he is
doing, a phenomenon arises as the
result of the sum of their individu
al actions, which presents itself to
each one of them, severally, as a
alien system imposed from without.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

And the Wall Street man, though
he ought to know better, carries
his unsophisticated attitude into the
stock market. The trader is Opt
mistic. He buys stocks. He sees
price advance. That is not sur
prising. But prices advance again.
He begins to wonder. And again
they advance, and their advances
become violent, and million share
day follows million share day. And
the trader, thought he may be still
buying stocks, is genuinely puzzled.
What is the reason for the markets
action? The reason he personally
bought and the reason he thinks
the market originally advanced was
that he believed it had gone too far
downward in discounting the read
justment. Another person thinks
the market is advancing because of
a belated appreciation Of the huge
SURPRISES which industries have &C
cumulated in the four war years.
A third asserts positively that it is
our unprecedented foreign trade,
present and to come. A fourth
thinks it our enormous crops. And
fifth says people are just buying
because the market had gone up.
And the five fall to arguing among
themselves, and lamenting each
others faulty and the economic ig-
norance which covers the earth.
And they may all be right. For, as
q fact, the total advance of stock
market never is the outcome Of any
one person. If thousand people
buy stocks the market may advance
for a thousand reasons. Each buy
er has his own complex of reasons
for buying Each PERSONS buying
influences stock prices. Yet some
commentators have the vanity to as
sert that hey know the real, the
true, the only reason why the mar
ket rises. Theirs is the path of
folly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

Nominal. ~
Below il given the current exchange
value Of foreign money in dollars and
cents, together with tho intrinsic gold
parity, as calculated by the United
States Mint; 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

tralia, who had been studying indus
TRIAL conditions in the United States.
was on his way to England to make a
similar investigations He described
Austpalia's experiments in labor mat
tiers, and said that system had been
ilnaliy worked out to assure every wor-
thy citizen reasonable standard of
comfort. This fundamental idea of
giving labor definite and satisfactory
status had proven helpful during the
war, he said, and prevented industrial
strife from assuming serious proper
tions in the island continent.
The opinion was expressed by Oscar
Straus that in conducting our com
merce in exports we will have to meet
Keen foreign competitions He referred
to the material and the labor aspects
of the question, and said that to meet
competition by cutting down costs the
cutting must primarily be on the ma
terial side, and that rents, food prices
and other elements necessary to the
physical comfort of the laborers must
be brought lower before there should
be any cutting Of wages.
Financing Of Foreign
Trade Explained
At general session of the conven
ton on Sunday, February 2, Mr.. Van
derlip spoke at length on the financing
of our foreign trade, and on request
concerning the extension of the COM
mercial service departments of the
foreign branches and agencies of Ameri
can banks.
Mr.. Vanderlp drew a distinction be-
tween the banking services involved
in financing export shipments and the
broader question of the necessity of
American investments in foreign under
takings in order to provide the basic
credit for trade with industrial regions
that lack goods and gold to pay for
the exports which we may ship to them.
He pointed out that it is not bank
ing function to attempt to finance trade
in this sense-it is here that American
investors must come in and an Ameri-
can market Must be established for the
high grade securities of foreign enter
prises. He referred to the proposed
formation Of American investment COM
panics which should specialize in the
the purchase of such foreign securi-
ties and then issue their own securi-
ties against such foreign holdings for
sale to American investors.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

Before the market advances much
further very important interests
would like to know more about the
ways and means in which the gov
eminent will cooperate with indus
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16
Money and Credit

The New York Clearing Housc banks
Esa0rtsd N increase Of &l18.009. 900 in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

London Money Market.-LONDON,
March 15.-Closing rate for money
3hs per cent. Discount rates are short
and three months bills, 3 1872 per
cent; gold premiums at Lisbon, 1900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-16

try in restoring general business TO
normal.--Chandler Brothers C Co.
Bonds should work higher.w-Andeyson.
BrHas q Co.
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

No. %. of this county. as establish
ed by order oil he County Board Of
Trustees. of IDS county, Of date the
9Th day Of Ebbruary, 1919, which is
recorded iltBook /, page %. of the
Records afschOol Districts, in the Of
Gee olaske county clerk of this coun-
~ determine whether a majority
'ef'fhe NsSay qualified property tax
paying votefSSt that district desire
the issuance Of @Sfs on the faith
and credit Of said espmon school
district in the amount NJ $4,000 90.
the bonds to be Of the determination
OF $4,000 each. numbered Nconsecu-
lively from one to twenty. Both in
elusive, payable twenty years from
their date, with option Of redemp-
ton after ten years from their date.
and bearing five per cent interest per
annum. payable annually on April 10
Of each year. to provide funds 70 be
expended in payment Of accounts le-
gally contracted in constructing and
equippina a public free school build
ing Of wooden material. and purchas-
ing a site therefor, within and for
said district, and to determine wheth-
er the commissioners court Of this
county shall be authorized to levy,
assess and collect annually while said
bonds or any Of them are outstand-
ing. tax upon all taxable property
within said district sufficient to pay
the current interest on said bonds
and provide q sinking fund sufficient
10 pay the principal At maturity.
All persons who are legally quall'
Fled voters Of this state and county
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15
SOME NEWS ITEMS FROM
THE LYNN COUNTY NEWS

The graduating exercises Of the
Tahoka High School were held at the
Methodist church last Friday night.
One Of the largest crowds ever as
sembled in Tahoka was present TO
hear the splendid program that had
been prepared for the occasion The
program was opened with a piano solo
by Miss Ruth Dunn. Miss Nora
Crouch was Salutatorian for the class
Miss HALEY Adams favored the aud
fence with a vocal solo. Judge B. p.
Maddox delivered a splendid address
to the graduating class. touching on
the higher plane Of life. and was
very instructive TO all who heard II
Misses Leona Key and Lota knight
sang a very appropriate duet for the
occasion. Miss Bernice Wells was
Valedictorian for the class Rev r
F Dunn in few well chosen words
awarded the diplomas to the two
graduates.
This week deal was made through
land agent, Boyce Hatchett. whereby
Messrs Ed and d c. Davis, Of Des-
damonia, Texas. become the owners
of the W 5 Swan residence property
in the northwest part Of Tahoka
These gentlemen also purchased two
sections Of land through Mr. Hatchett
from Ed Baldridge near O'Donnell
We are informed that these gentle
men will move their families here
and occupy the property purchased
Mr. Swami has not fully decided just
what he will do at the present time,
but IL is hoped he and family will re-
main in Tahoka
Or + F. Galloway received ship
ment Of fifteen heifer Jerseys over
the Santa Fe Wednesday. which he
bought at Fort Worth a few days
ago. They are blooded stock and the
doctor will keep them on his ranch
and sell them later 70 Lynn county
farmers for A milch cows DR.. Cal
lawsy stated that he had been offer
ed a handsome profit on the bunch.
but refused to sell at this time He
regrets now that he did not purchase
full ear load Of the heifers Lynn
county will be supplied with full
IL. 4 4
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

and Who are resldenl property las'
paysn in said i|slr|cl shall he enilslH
20 20 vote II said elpcllnn
Said elapllan va aFdered b. he
eaunll Iuda6 ~ lha founlY "a or|lof
end lhls nel|es a mlea 10 psIsusnlg
N lid osanf
Isllf 49, lnlh asf n AnIlL lalp
llfIl Al A I|uIlnNN
stenlI Iattel1 aaa'F f.tst
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15
sHERIFFs NOTICE OF ELECTION

The State Of Texas, Comfy III Lub-
book:
Notice is hereby given that all
election will be held ~ the 23rd day
of May, 1919, at the residence Of l.
W Moore, in common sSaaa, a,sssfet
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

Among she numerous prospectors
here this week from different parts
Of the State were G. W Jeffries Of
Collin County. and l.. + Clark. Of
Winkler.
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

L. w Kitchens returned last Sat
urday from istownwood where he has
been visiting with his mother few
days
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

Read the date on the label Itstells
when your subscription expires!
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15

II ases work. use sANOL
ECZEMA R5MHDY to ct rid of those
Back Head Pimples, or Rough
Bumpy Skim peave skin smooth.
Cdrss~ny'cxSslef Eczema. Is pleas.
ant to use. A trial will lconvince you.
soc and 800 at the drug store. $50
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15
NOTICE.

Notice is hereby given that the an
nua meeting Of the stockholders Of
the South Plains and Santa Fe Rail
way Company will be held at the
General Offices Of SD company in
Lubbock, Texas, ~ Wednesday June
4, 1919, at the pshr Of eleven O'Clock
a. M, for thspurposs, Of selecting a
board of aifectors Dor the ensuing
year anSfor suchibtter business as
may ssm{, seiorfsaeSmeetinp
The mud keeting of he direc-
tor. offhis sy6pany wipfbe held on
the SAME DAG and at ~ same place
Immediately after The meeting of
URA EMBRY, Secretary,
SIP. g. s. F. Ry. CO.
Lubbock. TexsS May 3, 1919. asa
The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-05-15
IRA EMERY, Secretary,

y ?. a. ). +. Ry. GO.
Lubbock. TexyS May 3. 1919. 45i
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1919-01-01

NOVEL MONUMENT
This boulder monument is at
Multnomah Falls on the Columbia
River The lower part is a drink
ing fountain. Above the fountain
is bronze tablet inscribed
The Oregon Trail
l843
Erected By Multnomah Chapter
Daughters OF the American
Revolution
1916
This boulder marks the old
Oregon Trail-the trail which led
the early Pioneers into the new
Columbia River County.
Cheyenne record., 1919-09-18
BY Way of a Chance

1t is a noteworthy fact that
wh'n we hear TRADES against the
hi il cost of living, with cogeIt
sons for reducing it immedia
t-iy. the comm ,d!ty to which per
sistent refere, c is made is food.
The high cost Of furniture. or
tools, or cooking utensils, or soap
or bedsteads, or misc allaneous
hardware, or even house rent, we
hear little about. But it is f. ID
all the time-and then, perhaps.
leather or wool. Sometimes the
leather and WOO, are referred to
as shoes and clothes, but Gener-
ally the reference is made to the
raw materials.
1t seems more than a co!hci-
dence that the articles which
must be cheapened are those
which the farmer sells. Those
which he buys. apparently, may
remain at their present figure.
The demonstrations and indig-
nation meetings for which our el
oquent spelloinders and their
friends hire halls are not attend
ed by members of farm laborers'
unions-because there aren't any
farm labor unions. But cabinet
makers who construct furniture
that farmers buy. and other op-
atives whose handiwork is very
largely exchanged for the money
which farm ers get for their pro-
duce-t these organizations attend
the meetings, and don't say much
about the prices of furniture and
kitchenware, out Of which their
high wages are paid.
If an organization of farmers
and farm laborers attended ore
of these meetings, we might, for
a change, hear less about food
and more about other brands Of
hi yh priced m,rclanlise.
Cheyenne record., 1919-09-18
Blowing 1t In

There is a rather curious falla-
cy that promiscuous buying is a
merit, because it "puts money
into circulation" 1t is no falla-
cy at all that the rapid circuls-
ton of money promotes prosper
ity.
The former is simply an argu-.
ment in favor of extravaganza.
The latter is an argument in IA
vor of industry.
1t depends upon what you buy.
If you use your savings to pur-
chase a steam yacht that you do
not want and cannot afford. you
are not really helping to keep the
factory wheels revolving. You
are diverting industry into the
, viscious activity of manufacture
ing useless things.
But II you put your money In o
bonds for the development of sta
pie industries. you are promoting
prosperity. Your money imme-
diately hires workmen. pays
them wages, and they in turn
produce necessary commodities.
1t is fairly simple. Yet mill
ions of our countrymen are buy
ing extravagantly and defending
themselves by the claim that they
are aiding con itruetion, Day
lab ,rers are buying ten Or fifteen
dollar pairs of shoes. when five
or six dollar shoes would look as
we'll. And m mlltimi!lionaires. as
has lately been learned, are max
ing the same pair last for years
by having them repeatedly re-
p .ired.
Perhaps that is why they are
mlltimillionaires.
Cheyenne record., 1919-09-18

worthless stocks are reaping a
rich harvest just now. The com
plant is just. They are.
They are likely to continue.
There are many wage workers
whose occupation calls for a very
limited degree of skill. but who
have succeeded by unionizing in
getting a fancy price for their
labor-a price somewhat disprc-
portionate to the degree of dex-
terity needed in their calling. AS
a result, they have money in
amounts which they can hardly
contemplate with calmness.
Never before were there so
many illiterates with money.
People of rudimentary mentality
of positively weak intelligence
find themselves able to spend
p~omiscuously. And to the bo-
gus company sharks it seems al
most too good to be true.
Here are credulous and confiI-
ing ones whom it is almost a pity
to rob. 1t is shame to take the
money. Candy from a baby. A
fool and his money. Most prov
erbs are true for all generations.
From which it will be seen that
| the Temporary dissemination of
money does not make for democ-
racy. II is getting back into the
hands of the few the financiers.
The possession of a little elemen-
tary education ana fairly we'll de
veloped intelligence is just as val
liable to a working man as it ev-
er was. The boys had bette cul
tivate it; and they'll know how
. to keep their money when they've
g it.
Cheyenne record., 1919-09-18
Lunch at Noon
ROADS

At dinner given one tim . in
honor of Walter Scott the great
writer, ane Macedonia the great
road maker. Mac ad4m rose up
in his place with a glass Of wine
an said with a wave Of his hand
toward Scott, Il drink to the
health of the Colossus of liter
ature" whereupon Scott rose up
glass in hand and said and l
drink to the h ,alth of the Co los
sus Of Rhodes" (roads)
The above was wildly brought
to mind of late as the writer and
Surveyor D. H. Zuck have been
out few times recently survey
ing locations for more good roads
which our public spirited c-m-
missioners have BEEN ordering.
1t goes without saying that
GOOD roads will win for us kindly
Communications not only from
tourists, but from our own citi-
zans. Oar collty his gotten Il
good name abroad, not only for
it's coed crops but for its fine
roads.
Last Thursday D. II. Zook ac
companied by the writer, laid out
six and half mile of road,
running south from First View
terminating by the new school
house. Mr.. Zuck and l concIud-
ed that road that lead to learn
ing was wise one. and we stop
ped there, for the want of know
ing the name of that seat of
learning we called it Excelsior.
The Commissioners are doing
common-sense good work on
the public highway at this time
Cheyenne record., 1919-09-18
PIANCLA PLAYER PIANO

The Pianola Player Piano is the
standard instrument of the world
and by which all others are meas
u~ed. A card will bring you the
Weight Of Evidence. All types
of Instruments delivcaed charges
paid aud satisfaction guaranteed.
Terms if desired. Investigate
today. THE DENVER MUSIC
COMPANY, Deaver, Coo 18 g.
Cheyenne record., 1919-09-18
Bring Cups

viz The low places that are
subject in rainy times, to being
submerged, they are raising
above the water level and side
draining where it is practicable.
This will obviate vast difficulties
consequent on heavy rain falls
and keep the Safety First"
Idea to the fore. It is in order
to commend the County Com
missioners. J. A. J
Cheyenne record., 1919-09-18
Coming, The Lecture Course

70 .
The first number is to be Vier-
ra's Royal Hawailans. To those
who know the beauty of Ha
waiian music these need no praise
it is so unique and so fine.
The Theresa Sheehan Conc rt
Company will give us a program
O.: music and impersonations.
We are told that Miss Sheehan is
Que of the greatest readers on the
American platform today. Miss
Vivian Des Jardins assists Miss
Sheehan and we are told that she
is so charming that it is difficult
to say whether her music or her
personality win her the greatest
applause. Another feature of
Miss Sheehans program is the
original dramatic reading of the
work that the boys did at Chat
eau Thierry. Here you will have
drama ic picture of the Marines
stopping the gap that le.. to Par
is, of the American general who
when ordered to retreat flatly re-
fused"
Denton c., Crowl delivers the
Sam Jones lectures with all their
original magic and beauty.
Hon. Harry G. Seltzer, United
States Consul at Breslau. South
eastern Germany, from 1914 to
1917 comes to us with message
from the heart of War mad Ger
many" He speaks of German
propaganda, the Kaiser's spy sys
tenn and his criminal arrogance,
and the insults of the German
officials.
Then comes the Soldiers Quar-
tet-a male concert entertai:.-
ment. They are known as THE
Fighting Americans" and their
songs of trench and camp are an
interesting feature.
The orening number comes
October 2. There has been no
canvas for the sale of season tick
cts. so make your plans and be
ready for the solicitors who will
call on you. You cannot afford
to lose out on a single number.
Cheyenne record., 1919-09-18

Frank Vetrie and family. Of
Lodgepole Nebraska. arrived in
Cheyenne Wells last Tuesday to
make this their future home.
They will occupy the property
recently purchased from Mrs l z
Jones, near the old cement build
ing.
Cheyenne record., 1919-09-18

FOR SALE-Sec 3-15 a.. 2 I 2
miles south Of Che 'enr e wells.
Colo. Reasonable terms. C)m-
missit n to agents, Address,
Thos. Morris, Owner,
48 E Superior st
262p Chicago, Ills.
Cheyenne record., 1919-09-18

"The world is looking to Amer
lea to replenish its food supplies.
says a news Dispatch. Of course
The world sits on it's pants and
looks to America for everything
1t is the popular international
pastime.
Cheyenne record., 1919-09-18

The strenuous efforts being
made to recruit up the regular
army are productive at least one
beneficial result---strenuosity in
oficialdom. The recruit himself
is shy bird just now.
Cheyenne record., 1919-09-18

If the President and the Senate
c1n not get together on the len.
que of nations they night call
in one of our local cracker box
experts to referee the mill.
Cheyenne record., 1919-09-18

A sweet temper and a sunny
disposition make any woman at
tractive. Facial blemishes and
form defects are seldom noticed
in one who radiates good cheer.
Cheyenne record., 1919-09-18

In the good old days many a
man thought he was marrying a
woman with a form diyine, only
to find that he had annexed a
bunch of pads instead. But now
however, ---oh we'll, you know!