davidaulloa/AmericanStories huggingface dataset:
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
MANAGER OF UTAH COPPER
COMPANY GETS PROMOTION

Salt Lake City, Utah, July 9.-R- C..
Gemmel. general manager OF the
Utah Copper company. viii become
assistant managing director OF that
company and other interests Of D. C
lacking, Il was announced here yes
terday by Mr.. lacking The promo
ton becomes effective August l. Be
sides the Utah Copper company. Mr..
Gemmell viii assist in the direction
of the Nevada Consolidated Copper
company, Ray Consolidated Copper
company and Chino Copper company.
Mr.. Gemmeu viii remain in this city
for some time
Louis s. Gates. at present general
manager Of the Ray Consolidate Cop
per company. viii become assistant
general manager Of the Utah Copper
company August 1, with offices in
Salt Lake.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
OIL CONCERNS IN MEXICO
ASK U. S. INTERCESSION

Washington, D. C., July s.-Repre-
sentatives of American oil companies
operating IN Mexico were said to have
asked the state department today to
request permission from the Mexican
government for their employees in
Mexico 10 arm themselves for protee-
ton against bandits.
It also was said that the department
was asked TO request permission for
the oil companies to use airpIanes in
Transporting money to the oil fields
10 pay their men,
A third request understood to have
been made by the oil men was that
the United States government upon
the revocation Of the decree prohibit
ing the drilling OF new oil wells The
representatives Of the companies rep
resented that Mexican federal troops
were enforcing this decree
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
PRAISE NEW MENCO'S WORK
TO ERADICATE LLITERACY

Santa Fe. n. N. July s.-OnIy the
state of Kentucky has surpassed New
Mexico in the work done during the
last five or six years 20 eradicate il
nteracy. This is the statement made
by Mrs. Cora Wilson Stewart. chair
man Of the national committee for
eradication Of illiteracy, before the
annual convention Of the National
Educational association
J. H Wagner. state superintendent
OF public instruction, who has Just
returned from the Milwaukee conven-
ton said Mrs. Wilson told the con-
Tention that the federal census bu-
reau had done a grave injustice to
this state in listing as adult iiliterates
all the InSians living upon the federal
reservations within the stale.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
ONLY CLAIM PAID BY
MEXICO IN MANY YEARS

Washington. D. C., July 9--Com-
piliation by the state department at
the request of the senate, Of claims
of americans who have suffered loss
Of property and life in Mexico, has
revealed that only one claim has been
paid since the Diaz administration
This claim was in the case Of John
McAIanus. for whose death the villa
Zapata government paid to the widow
S2T, 900 at the request Of secretary OF
state Bryan
The attention of the state depart
metn has been attracted to an adVer-
tisement appearing in American news
paDers urging Americans with claims
TO present them to the commission es-
tahlished q months ago in Mexico
City
Officials OF the state department
said that Americans should present
their claims only through the state
department
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
DALLAS, TEXAS MAN CHOSEN
Grand TREASURER OF ELKs

Atlantic City. N. J., July s.-Chicago
was chosen for the 1920 convention of
the Benevolent Protective Order of
Elks here yesterday. In addition to
Frank L Rain, Of Fairbury. Neb., who
was elected grand exalted ruler. other
officers were elected as follows:
Grand esteemed lecturing knight c.
c. Bradley. Portland, Ore; grand sec
rotary, Fred 3. Robinson, Dubuque.
Iowa: grand treasurer, Pat Brennan,
Dallas. Texas
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
CALONE[ IS NOW
DELIGHTFUL
No Taste, No Nausea, No Gripping,
No SaIts-Nausealess Tablet Call
ed "Calotabs."

One Calotab on the tongue At bed
time. with a swallow Of water
that's all No taste. no nausea, no
gripping. no salts. You wake up in
the morning feeling fine. your liver
active, your system throughly puri-
fled ana with a hearty appetite for
breakfast Eat what you please-no
danger You feel bright. cheerful,
clearheaded, energetic and strong.
You can now take your calomel
without the slightest fear OF unpleas-
antness. for Calotabs retain all Of
the liver-cleansing and system-puri-
flying qualities Of the old-styIe calo-
mel without the Objectionable quail
ties. Sold only in original. sealed
packages, price thirty-five cents.
Your druggist has authority to re-
fund the price as a guarantee Of your
perfect satisfaction.-Aov
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
SEEKS CAMPSITE FOR MEN
ON CONCRETE ROAD WORK

Mesquite, n n, July 9.-Lee Moore,
Of the contracting firm Of that name,
was in Mesquite from FL Paso last
week looking for camp site here for
his force Of men and teams, when
work begins on the new concrete road
through this part Of the valley.
Hay shipments are heavy from Mes
quite. most Of the alfalfa going to the
FL Paso market.
W. c Mossman is recovering from
injuries received when a gasoline
tank fell on him and cut a muscle in
his left arm
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
CANE CROP DETERIORATES;
SUGAR YIELD TO BE SHORT

New Orleans, La. July 81 The
Louisiana cane crop deteriorated 81
points in June and the yield OF sugar
for the coming season is estimated
nearly 1901 short tons less than
last year. according to a report OF
John S Denne. Louisiana field agent
for the government bureau Of crop
estimates, made public here
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
FRENCH DEFEAT BILL TO LIFT
SIEGE STATE, END CENSORSHIP

Paris. France, July 9.-The chamber
of deputies Tuesday rejected bill
providing for the immediate raising
Of the state Of siege and the suppress
sion Of the censorship, the vote being
256 to 202 The government, repre-
sented by Stephen Pichon. the foreign
minister, opposed the measure
NJ Pichon declared that this step
was impossible before the treaty Of
peas becomes effective. through its
ratification by three or more powers.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
NEW MEXICAN
RAILWAY HEAD
Col. Fuentes to Be Head of
Mexican National, Is Re
port From Capital.

Mexico City, Mex July Sol. Pau
limo Fuentes. Tuesday was appointed
by president Carranza TO be general
manager Of the Mexican National rail-
ways. succeeding Felipe Rescador,
who has resigned Col Fuentes viii
combine his new duties with those
Of the position he now holds. having
administrative control of various lines
on the gulf coast, in the Isthmian re-
gion and the neighborhood Of Mexico
City.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
WESTERN INTER-PARK ROAD
PLANS TO BE CONSIDERED

Helena. Mont, July presidents
of commercial clubs and highway
commissioners from Montana. Idaho.
Washington. Oregon. Utah, Wyoming.
Colorado, California and North and
South Dakota Will meet August 6 at
the Grand Canyon hotel Yellowstone
National park. to consider plans for
western interpark highways, It was
announced here today
Request for the meeting was at the
suggestion Of the department Of the
Interior
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09
ARIZONA SOUTHERN ROAD
WOULD INCREASE ]

Phoenix. Ariz., July s.-The corpo-
ration commission viii hold a hearing
July Is on the application Of the Ari-
zona Southern railroad for permits
sion to raise rates approximately 25
percent. or up to the point to which
rates were raised on all roads under
federal control
The company sets forth in its COM
plant that its business is e5 percent
with the Silver Bell mines and the
Sasco smelter: that the roads rates
were raised along with others, but
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09

La Mesa, y. n, July 9--Drag line
excavator No 6. which has been held
up for repairs for several days, has
resumed work and is now operating
with two shifts J. F. Dixon is in
charge ard l. Howard is operator
for the second shift. The machine
is crossing the vado road.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09

but no violence The officials de-
clared they anticipated no trouble. but
they have taken precautionary mea-
sures for the safeguarding Of men
who did not join the strike.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-09

that when the road was turned back
by the government the rates fell
New-York tribune., 1919-04-27
Comm modities
In d striaIs
Cotton

Strength and animation marked the
cotton market yesterday. The opening
was firm, with prices showing over
night gains of II to so points. Buying
was general and it was said that Wall
Street interests were coming into the
market. At one time prices went off
about 20 points under realizing for Che
holiday over Sunday and Monday, but
the loss was soon made up, and the
closing showed net gains for the day
of Is to 70 points.
Unfavorable weather reports and ad-
vancing prices in the goods markets
lent strength to cotton. Feeling over
the Italian incident was more cheerful
in view of advices from Washington
that the situation at Paris was clear
ing up rapidly. Demand for spot cot
ton continues, and there were large
sales in the South. Traders are said
to be much impressed by the absorb
ing power of the market
Exports from all ports yeste rdav
"cre 26,419 bales, all for Europe, Of
which 1884 went from New York and The
rest from New Orleans. Exports thus
lar this season have been $3.50 ,7O2
bales, as against 3,237 ,06l last year.
Spot cotton was quoted here at -. 90.
IN advance of 25 points, with no sales.
The price last year was 1850. The
Liverpool market was closed.
frlces for future contracts follow.
New-York tribune., 1919-04-27
Royal Dutch Plans Big
Extensions i'm Mexico
Newly Acquired Cowdray Prop
critics Includes Wells, Rein
cries and Pipe Lines
Financial Bureau

NpcCtu@ Ao<itSpp5tdfHCc
TAMpICO, Mexico, April 2G.-Pur-
chase of the oil industry holdings of
the Lord Cowdray interests in Mexico
by the Royal Dutch Shell syndicate not
only includes the producing wells and
oil land holdings, pipe lines and trans
portatien facilities of the AgAila Oil
Company in the Tampioo region, hut
1T also involves the taking over by the
purchasing company OF the oil refinery
OF =, Pearson Il son, ltd, was the
mama or the old contracting firm at
which Sir Waetman Pearson, who after
ward became tesd teWdray, was at
the head,
When the Aguiia on Company was
organised some years ase the company
WAS divided as ~ oil operation, the neN
company taking sVer the more unper
part Of the Cult Coast region and s.
Pearson & Son, It'd, retaining the oil
lands and refinery III the state or
Tabasco.
The Corona Oh Company ia the
operating subsidiary of the Royal
Dutch Shell syndicate in Mexico.
SO far as the local Offices Of this
company and the Aguia Oil Company
have been advised. the two corpora
tions Will continue to be operated sep
aratcly as they have been in the past.
There Will be q merging, however, OF
the oil carrying fleets of the two COM
ranies, and with the new available
capital a big expansion of development
operations is planned.
New-York tribune., 1919-04-27
Accumulating Copper Stocks

Speaking of the conner stocLs
hendrlckson e. Co. said Yesterday: "It
- reasonable to presume that the peo-
PIE VINO sold copper stocks when thew
"ere twice their present prices and
M"eh everything pertaining to the in
uustry was tinted in the most appeal
;rs hues are now replacing their lines.
II they have not already done so #
was was always thus. Perhaps the turn in
'he copper metal market has not vet
come; but the perpetuation of the s.
cent dollar IS proceeding with such
rapldlty that in spite of the ovcrsupplv
Oh metal price of better than 20
cents may be established. In fact
there is very respectable opinion for
~ among copper people that the next
SIX months may see prices of % to 23
cents. Production costs have also de
cllned somewhat in the last two
months. What is more, careful study
Oh the balance sheets of the larger
copper companies provides convincing
evidence that they are entitled to more
respect as speculative investments.
prices considered, than ever before.
For long pull speculation we favor
such stocks as Utah, Chino, Anaconda,
Inspiration and Ray Consolidated. We
believe, however, that owing to an un-
usual combination of circumstances
the South American coppers will be the
first to show big results, once the tide
has definitely turned"
New-York tribune., 1919-04-27
Finance 81 Economics

downright 1919. New Nosk Tribune lnc)
The most remarkable thing about
Saturdays market was the rise in
the railroad shares. There was no
news. The railroad stocks Just went
up. They nearly all went up, one,
two and three points. There was
offered the theory that the railroad
stocks had heen put UP to facilitate
profit taking Ia the rest Of the list,
Now It would not take much huy-
ing ca put railroad stocks up. The
amennt Of them dealt IN. compared
with the amount dealt "a of other
shafes on the iiet. Ia astoniHhingiy
small. Since the beginning Of the
present year the total has been only
100000. compared With bD,00O.O0O
shares Of other stocks. Nevcrthc-
less. the belief that the railroad
stocks were advanced to facilitate
profit taking is discreditablc on it's
face. First, the movement was too
regular, too real al-looking, too wide
spread. Second, there was no profit
taking in the rest of the list; it was
strong.
New-York tribune., 1919-04-27

peace conference. Italian exchange de-
clined bit, but the reaction was so
small that it could hardly be signifi-
can't If Italy should break away from
the conference and refuse to return.
bankers here said that exchange on
that country would suffer a severe de-
cline, since Italy is dependent upon
the Allies for credits and supplies.
French exchange eased off slightly,
while sterling exchange held fairly
firm. The neutral exchanges were
quiet The whole exchange market is
waiting Tor the end of the peace con-
ference to release business.
There is much interest here at what
action will be taken by the financial
delegates at Paris relative to the re-
sumption Of free gold market. The
National Bank OF Commerce saws in
TINS connections:
I'VE have far too much gold in the
United States and the outside world
mas Lar TOO little. This maldistribu-
tlon OF gold can lead to serious conse-
quences. After all, international ex-
change takes place primarily with ref
efence to gold, even between countries
IN which the gold standard is not fully
maintained. High prices in deprecated
paper money within a country do NOT
mean high gold prices for the products
OF that country in international trade,
II the present abnormal distribution
OF the worlds gold should continue
long' and particularly if we should
perpetuate 1t by lega: restrictions, the
value OF gold would rise in the outside
world and gold prices in the outside
world would. as consequence, fall as
compared with gold prices in this
country The result would be that orr
export trade would be heavily handil il
capped" -'''''u'
II you calculate the cost of the dol
iar IN terms of foreign money at cur
rent exchange value-that is, if Won
were buying dollars with pounds.
marks or trancs-its value at the close
OF last week, as compared with a wear
ago, would be about as follows:
New-York tribune., 1919-04-27
Money, Credit and Exchange

Loans and discounts Of the Clearing
House banks decreased S12,299 900 last
week, according to the statement is
sued yesterday, showing total for
this item of $4,9O3 100000. In some
quarters an increase had been looked
for in view of the active speculation
in securities necessitating larger bor-
rowings by brokerage houses
Net demand deposits increased S3,-
900, while United States govern
ment deposits fell from $312,649 900 to
S257 1892, 900. Surplus reserves de-
creased $1O,60S, 400,
The Federal Reserve Bank Of New
York reported an increase of about
s13,0O0,O0O in its gold holdings. Re-
discounts and advances against United
States government obligations in
creased S13,500000, to $685., 1877,
Bank Acceptances.-Ratc were un-
changed yesterday.
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent.Per cent Per cent
Eligible
banks ....4h@4 4A@4h 4A@4A
Eligible
Der banks-4h@4 4A@44 42s@4Fs
ineligible
bank bills.5A@41a 514@41a 514@4a4
Sor delivery within thirty days:
Per cent.
Eligible member banks ....... 4hs
Eiigible non-member banks..... 4Ia
Ineligible bank bills. s............ 8
Discount Kates.-Tnr following table
gives the current rates of the twelve
paper for all periods up to ninety days:
New-York tribune., 1919-04-27
Market Opinion
A Puzzling Market

This is most peculiar and
puzziing bull market" say Goodbody &
Company. "This fact will. we think,
not be disputed by the bears who have
for weeks, been toying, unsuccessfuly,
to bring about a big decline
a market that disregards bad news as
thls one continues to do, does not look
dangerous. 1t seems to thrive ON diyi
dend reductions and te dip but slightly
when Italy holts the Peace y Con
terence Probably it Will celebrate the
reduction Of the dividend on Steel com
mon next Tuesday aud the passing of
ing dividend on International Nickel at
q later date, We lock for eontinuas
tlen el the present kind ef market far
sewe Weeks longer Wnlle there is
heed or unusual eaNllen wa do not
9hihh 'ha' there IA much danger Of an
imneriqNt decline ia tha NaNt FEW
weeks WV
New-York tribune., 1919-04-27
Winchester Arms Sales Show
Enormous Increase in 1918

In the annual report of the Winches-
ter Repeating Arms Company for the
year ended December 81, 1918, the rec
ord gross sales of S61,120,231 were
shown. These figures compare with
$50, ,455,512 for 1917 and 26,441, ,075 for
1916. After operating expenses, etc,
New-York tribune., 1919-04-27

Wall Street is coming to ascribe
the rising market to curious con-
dition. 1t says that the investment
power Of the country has increased
out Of all proportion to the supply
of investment issues. The war has
created thousands of new million
aires, according to the income tax
returns, and they must find some
thing to put their money in; they
want a return on it. They compete
New-York tribune., 1919-04-27
The utton Mapket

JeVNa, IwNnne Il Company take thts
stand on the Gotten market "Whiia
admitting that Tho higher price advoz
Gates have. 80 far. had ali the better Of
the argument, and that they are more
or less justified in holding these views
we cannot yet see our way clear to ad-
wise blind adherence to the long side
OF market that has already registered
an advance of over five cents a pound
IN less than month, as we feel that
'he unstable features of the situation
can can on be eliminated through frccr
ilquldat.on than has yet been seen
New-York tribune., 1919-04-27

NE aDoVc estmatc of initial ca
paclty dependable for constant use an
pears reasonable when it is known that
j IN the territory so covered there were
100000 bales of cotton ginned in the
season Of l9l7-191s. and that the total
United States crop for chat season was
practically l2,000,O00 bales.
New-York tribune., 1919-04-27
The Public In

me public is buying stocks on an
enormous scale according to "The Odd
10y kevlew,' which says: "Any csti-
mate as to how far the market will 20
presupposes knowledge of the extent to
Ti Thlch the public can continue to buy.
That is knowledge which is in no.
oody's possession. All that can be said
at the present time is that the public's
asblllty to buy stocks is enormous
lar 1 greater in all probability than il
mas ever been before in the countrv,s
financial history. People who never
IN thelr lives had any surplus money
whatevcr are now in possession of some
huhdreds of dollars worth of Liberty
ponds. And, rightly or wrongly. thoss
pohus on an enormous scale are being
USED Us Tor the purpose of making stock
New-York tribune., 1919-04-27
sales were s10,25e.9oq.
against

net sales were s1O,25e.9os, against
s2,979,o4S for the preceding year.
The company last year set aside a
contingency reserve amounting to ss.-
100000. This large deduction alOnp.
with S2,o12,S6S for deprec ation, ac
counted for the small surplus Of 81
469,766 for the year. In 1917 onI,
100000 was put aside for contin-
gencies.
New-York tribune., 1919-04-27
Favor Food Stocks

Lamborn & Co. say that "the food-
stuff stocks are ali in fact ,isolr,
to sell higher in view Of the denars5
lhc IN world over, and specialities Ike
1orn PRODUCTS, United States Food
PRODUCTS, California Packing and Amer
ican lc Llnseed are worth Watching in
this regard" III
New-York tribune., 1919-04-27
Wealth -MarketsInve ents

with each other for stocks. This
may be conceived as leading to a
sort Of inhation,, 1t is not cur
rency imitation. But the phenome-
non is the same. Stocks advance
not because earnings of corporal tions
have advanced, but because there are
more people bidding for the stocks,
They rlses not because Of something
aVorahle which has happened To the
atoeks themselves, hut because some
thing favorable has happened to the
holders,
And ihia fiHe nae been IA spite OF
the fact that tho country Is NOW eN-
gagged IN taking a $4,000, 100000
loan When government loans have
ceased to absorb oar expanded
sources of income, what will the
prices Of stocks not do2 Provided
the volume of stocks did not greatly
increase, the advancing process
would continue to such time as tho
yield on stocks was in general so low
as to give less incentive for compe
tition in buying them. But we have
the duty before us Of taking huge
quantities of European securities if
we would maintain our excess of
sales to foreigners over our pur-
chases from them. That will pro-
vide an increase in our issues of
securities as large as we wish to
make it. And the millions of per-
sons educated to investment during
the will will no doubt make it large.
The real reason Tor putting a loan
on business basis is not in order
to get it subscribed, but in order to
be fair to the people who are going
New-York tribune., 1919-04-27

The Tribune's average price of
railroad stocks at the end Of the
week was the highest of the year.
New-York tribune., 1919-04-27

The real reason Tor putting loan
on business basis is not in order
to get it subscribed, but in order to
be fair to the people who are going
to subscribe, anyway.
New-York tribune., 1919-04-27

foiliie nhpa IHiHs spnreti sks nieifgif
tur ilpl liTonapil ilDa8ina Drtiksa Ainurl
sple lnNama,i nt hfit0an iapiiNifiiutall,d
pblaluln saHi ~ ~ H5onulila ltnhrinsia
psJllelilF l'lHt teauuaunle jilsA dml
enpnt araihHa % Aeaaiutp ateu 1fromiAin
wliuh AZ 9Enn5 5tliauhoasa, b d hat tili1Ea,p
land Pc latand idh dollars wh Il nsilpsl
lontdstle anoSaniu lhp blps rbhiumt ia
tueapt'f thun tho siomhnalin th5s nfun~
try fOi peulAlu 5',tlr ahga ID ~ ssstle
ssssalals " lspxsnd 8lil.F q esi'ls
New-York tribune., 1919-04-27
New York Clearing House Banks

Inc actual condition Of the member Clearing House
Yesterday with the changes from the preceding
New-York tribune., 1919-11-06
Toronto Curb

BID AsNoNI I'id Asr0I
Adanac e.. l. Shore l.12'a 10
Apex ..... Mcintyre ... 40 90
Atlas .....24 MEClC MI C. 3.l219
Bailey .-.. Ncwray is
BNr Cons. So - i'irsn Iake.l2 -
Chbrs rrlndlO Is Pore Crpwn.44 -
tonlaGas q % 2. 90 Pore lmprl. :;
Crown Rsv.5o 81 i'orc Tsdl.. 6,
DaNidsin 10 = l'rstn + b..
pm EN.....}o 20 r Nu1 hes u -
Domo Lahell Is 'TMshluus 10 i
Gold Reef. S lThmp Krist
GrI Nrjhu.. Vacuum q; 20 -
HarEraNes. Wasaptka 10 Ito
Nollinger... s - 20 West Dm.. H.
Is cora ....l 10 90
New-York tribune., 1919-11-06
Bonds

81 600 Am G & T. IS s4 s, 81
1000 lie Val Coal 5s 997s 90, qQ7s EN7s
1000 !. en en- l1as 7Ss- ~. 7Ss. 1Sa,
5000 Ph Co, cons IS Sl'a s1la sll2 Slra
l2op0 Ia gon 81 1868 92ig 9ais 92la 99i-.
COCO Ph Eloc lst 5s a3i2 o3is gS1, N3N.
5000 / Il In cl ir Us II s6f, Is 76i4