davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
REarllarian Oil ;
Fields Hurt bv
Export Troubles
Financial Bltreaa.

Special Correspondence
LIVERPOOL, May 20-Adequately
to describe the present situation of
the Rumanian oil fields it is necessary
to go back to November. 1916, when the
partial destruction of refineries and oil
wells was accomplished by mission
sent by the British for that purpose.
The principal oil companies in Ru-
mania are the Romano Americana
(American), Steaua Romano German,
Consolidated Oilfields (British) and
Astra Romano DUTCH. The last
named is the most important, and
among its shareholders are both BRIT
ISL and French. Owing to the rapid
advance of the Germans in 1916 there
was insufficient time to completely de-
stroy the oil wells and stored oil or
It's products, but in the cases of the
Consolidated Oilfelds and Astra Ro-
mana the damage done was enormous.
An immense amount of oil and products
was thus prevented from falling INTO
the enemy's hands.
1t was only natural that the German
owned companies should have been
halt-hearted in assisting this destruc-
ton; in their cases the damage done
was smaller, but it is difficult TO under
stand why the German-owned electric
power installation at Camp;na was not
wrecked, as it provides electricity for
working and lighting purposes at Mo-
reni, Bana, Baicoiu and other places
many miles distant This installation
was IN working order again one month
after the German occupation On the
arrival Of the enemy at the oil fields
steps were at once taken by them to
repair the damage done Machinery
was procured from Germany and fresh
wells were sunk. Thus when the ar
mlstlce was declared much oil had been
removed and many wells were working;
these were left untouched by the re-
treating enemy.
On acceptance of the terms Of the
armlstice the RuManian government
proceeded to appoint military directors
over all the companies with a view 20
finding out which were owned by the
enemy. and those so owned were Sc
questered. At first it was the inten-
ton of the Rumanian government TO
sequester all neutral companies in the
constitution OF which an enemy subject
had taken part even before war VAS
thought Of. This, however, proved TO
be bad in law, and sequestration was
withdrawn, but the military directors
remain, and with their staff are some
directors highly paid by the companies
concerned
The fate of the foreign owned oil
fields would appear to he in the bal
ance owing TO The difficulties Of ex-
port
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Chandler Dividend

Chandler Motors common stock JUS
titled its recent rise from a dividend
standpoint by the declaration of the
directors Of So quarterly dividend
after the close of Saturdays market.
This puts the stock on a SIG dividend
basis, compared with the previous S12
rate. The company announced that it
was in a very strong cash position,
having on hand cash and government
securities amounting to S4,500,0 900. Di-
rectors expect the business this year
to be the largest on record. Plans
call for an even greater output next
year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
The Markets
Stock Movement

In a comparatively quiet session
stocks again moved irregularly and the
level of general prices at the end of
the day was practically unchanged.
There was proft-taking in some parts
OF the list. American Wooden fell
from 1l77s to 113, but closed with only
a fractional decline. Among the
larger advances were points in At
lantic Gulf e. West Indies, 5A in
American international Corporation,
SIS in Barrett Company, in Brook
lyn Rapid Transit, AS in Fisher Body
Corporation, and 81 in United Fruit.
United States Rubber common, at
zoos, achieved another new high price
for the year. The average price of
thirty industrial stocks closed at the
highest figure in their history.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

The situation is now .unquestionably
less secure than it has been. The rise
in prices, which began some time since
under the stimulus Of investment buy
ing, carrying advances to a point where
the general public became interested
and finally rushed in, creating a gen
eral speculation for the rise, has now
changed its character and is being car
ried forward almost altogether on the
speculative influence in which all arts
of manipulation permitted are being
used.--J- S. Buche Dc Co.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
DISCRIMINATION"

Europe, and for that matter the rest
Of the world, ia going to buy enormous
quantities Of our products after the
peace treaty is signed Some day the
pendulum will swing the other way
and the stock market will react. While
the present movement continues, we sug-
gest discrimination.-An dcrson, Bruins
d Co.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

The sharp reaction following the
warning note sounded by the Federal
Reserve Board against excessive spec
ulation served to put q temporary halt
on over-enthusiastic buying, hut in
some quarters 1t 10 feared that tho
adnonition was not taken seriously
enough Many issues no rudcly shaken
ny the decline haye renewed their adj
vance with most Of their former Vi
oiencs. The public appears TO have
taken the Ncw that money viii con-
tinus around the current ratio owing
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Merchants Bank of Canada
Earned Sl.383,OOO in Year

Business men need not fear the out
come of the adjustment from war to
peace in the opinion of the Merchants
Bank of Canada, which held it's annual
meeting recently. For the year ended
April 80 the bank reported net profits
of $685. 900, compared with 81 ,236, 900
for the preceding year. During the
year dividends were increased from 10
to II per cent, note circulation gained
100000 to $13,316,O00, and deposits
increased from S76,oOO,o0O to $685.
100000.
Provision was made at the annual
meeting FOR increasing the banks cap
ital from $lO,G0OOO Otto $4,000 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Hudson & Manhattan
Bond Issue improved

TRENTON, N. j.. June 1.-THE State
Board of Public tilities has approved
of the application of the Hudson and
Manhattan Railroad for authority to
issue Sl,036000 first lien and refund
ing mortgage bonds, payable February
l, 1857, and secured by first lien and
refunding mortgage Of 5000, 900 upon
property OF the company, which wns
executed by 1T on February 1. 1919
to the Central Trust Company, of New
York, as trustee.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
The Dollar in Foreign EXCHANGE

Although the Brit ish government
resumed the shipment OF gold to New
York from OF tawa last week after
lapse of more than two years. the
fresh influx Of the metal amounting
to S12,000,0OO did not affect the sterl-
ing exchange market much and rates
continued to decline, getting down to
around 81. &c a pound oward the
there was slight recovery. While no
official statement was made REGARDING,
the beginning of gold shipments from
Ottawa 1t is understood that consider
ably more than S500OOOOO will come
to New York on British account, prob
ably in main the output of the South
African mines The gold is ching used
to help pay the adverse British bal
ance.
Other exchanges were fairly steady
on comparatively small amount of
business. A dull market for exchange
is generally looked &c. until after the
peace treaties have been signed and
more normal condition prevails in
the international trade channels.
If you calculate the cost of the dol
lar in terms Of foreign money at cur
rent exchange value-thnt is, if YOU
were buying dollars with pounds.
marks or francs-its value at the close
of last week, as compared whit year
ago, would be about as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Let Others Do II

The public's buying power is still
very great, and the result may not i'm
probably be further lacking up Of
prices, but, at least so far as the indus
trials are concerned, this is not mar
ket which we should care to go in and
buy. We should be perfectly willing
to leave what remains to the other fell
low.---Odd Lot Reriew.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Aluminium Shoe To Be
Made by Rochester Firm

man at Rochester, N. Y. has
formed a company with $4,000 capital
TO make aluminium shoes The bottom
vamp and foxing Of the shoes are made
OF sheet aluminium. There is a fianpe
on the bottom by which an outsoc
OF aluminium may be attached to the
shoes. Also there is Il plate for Mt
taching heel Of leather or rubber.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Divid end s
Extras


t,rasseli Chemical Company-p.xfra
dividend Of 4 If per cent has been de-
ciaTed on the common stock. in addition tn
ms IsKui@r Quarterly dividends OF y per
cent on Inc common and IL per cent on
me preferred stocks, all payable June 30
70 Hlockhnlders Of record Jure Ia
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Canadian Banks Not Closed

The New York Agency of the Union
Bank of Canada has received the fol-
lowing telegram from it's head office in
Winnipeg, Canada:
Contradict statement in New York
Times of June that all banks in Win
nipeg, Manitoba, are closed owing to
strike. Banks have never been closed
and are doing business as usual.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
a ltf1-Ma rk Investments

to the plethora of funds in the in
terror, and that the surplus from the
West and South will be quickly at
tracted here in the event Of sharp
rise in the local money markedly. j.
Welludn &: Co.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

An slectric device 10 start the motors
of automobile fire appaYa4us when
alarms are received 10 ths idea of an
Ohio 2avsntor.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Money and Credit

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. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Technical School for Venice

Venice has planned technical schoo
to teach boys various arts and handi
crafts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

Yesterday \ ycas AGO.
Live steers fair to
prime 100 III Si2.50G a ID 90 sit. 20 q ..So
Dressed beef sides,
Id. .......... .l.@ 81 .ss@.9s's
Live vcals. COM
mon TO prime
100 ID. ..... I5.oo@1s.oo 4se@I7.oo
Dressed veals.
city. III. .... .2f0 % SOC -25ie
Live ewes. 100 Id 1900 1850 g.G0T 400
Dressed mutton.
10 ...~,.,.:~ 1850 go eco %
Dressed lambs
city. ih.. 300 S5 .$aa 81
Hoss. 100 ID. so.50@si.o0 Ease 1879
Live lambs iair
TO prime. 100
ID. ......... 1000 a ZOO eeo0Sf ---~
bacon. ID -. .esat q .2s,. .esaa@ e
Moss beef. Dbl. $4,000 $3.50 S3.0oG Sa-vg
Mess pork. bbi. . 57.0O@5s.50 47.o0@ tS.Oo
Lard Midwest,
100 Id. ...... SA.40@SA.50 2A.00@sa.ll
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

The Federal Reserve Bank of New
York has put in force the following
schedule of rcdiscount rates, which
apply to bankers acceptances: Matuli-
ties up to Is days, per cent; Is to 60
days, inclusive, AZ per cent; 81 to 90
days, inclusive, Az per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08

Following are the official rates
quoted by the American Relief Admin
istration on exchange against the coun-
tries on which it has supervision over
all dealings:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Bank Clearings.-Bank clearings yes,

Silver.-London, 597sd; New York,
$l.o9%; Mexican dollars, s4@ssc.
Sub-Treasury. - The Sub-Treasury
lost S5,O66,000 TO the banks on Friday.
Bank Acceptances.-Rates were I'M
changed yesterday as follows:
Thirty Sixty Ninety
spot de days. days. days.
livery: Per cent Per cent Per cent
Eligible a
member
banks .-.45s ga 414@44s As @44
Eligible
non-mem-
Der banks. 4a@4 4h@4I4 43a@44s
Ineligible
bank hills.5M@4la 5I4@4h 5I4@4a4
For delivery within thirty days:
Per cent
Eligible member banks Ais
Eligible non-membcr banks -. 4La
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-08
Standard Adds to Holdings

The Sun Company, Standard OIL
subsidiary, is gradually adding TO its
lease holdings in the Central West
Texas fields. 1t is paving the way to
become one of the biggest operators in
the state. 1t is now constructing a
private telegraph line from its offices
IN Dallas to Ranger, Caddo Breckcn-
ridge and Desdemona.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13

KURrZMANN rIANo No iOt ono Of tho old reliable In
walnut case tone action fine, yarnish checked
would pay almost twice this price for ROOS
now one Just iko It for DZOO
lSlIN PIANO No. los. Here Is old reliable
hrdscye maple case. fun szo piano action
shape. NCu must zee and hear this wonderful corr
Piano .............. -
H. =. NELSON No loC. In n mahogany The
nlsh IS slightly checked but the style tho ~
tone and the action 90 be wondered nOO~
at this bargain price ,DLsJD
KURTZNANN PIANO No. l07. STYLE & mahogany case
9@S o@y at S' 5s5Ssn 'a2'l o%' rot looks '.' S425
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13
Your Opportunity Now Secure One of These Piano Bargain

ELLINGTON PIANO No. 100. A FUN size Piano in
case. carving the font panel
In excellent condition. vanish IS checked QOES
some but good bargain AZ ....,....... IpAOO
ELBURN PIANO No. lUl This famous little Plano
be taken now dark mahogany tho satin finish.
colonial model only out few months pOO0
certainly bargain for tDCEU
ILBURN PIANO No lO2 Another OF these little
beauties that only out short time Cascd in satin
mahogany, You certainly could not oOOS
this Tor tDCELO
CLIFFORD WELLS PIANO No l02. ono OF
beautiful mahogany cascd Pianos Narnuh QOOE
slightly checked wonderful bargain ...,....... tDLOO
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13

CIuCKERING PIANO No. 1OS ono OF tho hest Of this
old make In rosewood certainly perfect shape Tho
tone w!n surprise you and please any muscal
critic Here Is your chance q nEOE
wonderful bargain standard make FOR sDOCO
RUSH & LANE PIANO No. l0q. A big massive Plano in
fancy figured walnut case, slightly checked
keys look he thoy had perfect
This Is quality bargain and tho whole Piano QnPE
Is IN perfect condition tDOOO
EVERETT GRAND No 10. 4 good Plano I'm a attn
nohorouy case, very few check marks, tone
sSS sSi' rsesa cSsS' ucaS, ,nS r'" '"' ''., S635
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13

All combined make it difficult to produce Pianos
and we know that were we to hold this sale in anoth
er few months that we would receive much NOR,
than the amount of money we are now asking, bu
this annual midsummer sale has become known
throughout the southwest and people have becom,
to wait for it to secure their Pianos hence we are
sacrificing all the profits we would make by holding
the instruments and offering them to you at prices
that are wonderfully low and amazing This sale
will indeed offer many worth while opportunities
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13

Weser Bros, No. 60O Walnut Case, Mandolin At
tachment ..................... .......... $685.
Waldemar, No. 6O1 Style No.4 Walnut Case 265
Kreiter, No. COZ, Style B, Oak. k.............. $40
Weser Bros, No. COB, Style B, Walnut ...... 325
| Edmund Gram, No. 603, Mahogany Case. ...... 365
Weser Bros No. 605 Style B, Oak Case, Mandolin
Attachment Observation-Disclosures. 365
| Smith & Nixon, No. 6O6 Mahogany Case. 49,. 335
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-13
Players-Really Worth From
$50 to $50 More in Value

AEoLttN onya
r d q & Ell ference stherenr
@
DOOO
In okcn full
por, Bargain anu @ pr so o1' ANA '."o" $50
Phoenix tribune., 1919-01-18
FITTING YOUR SEED BED
Better Disking at Less Cost With d
Real Tractor Disk

Next to plowing, the farm tractor is
used most for disking. Pulling a disk
harrow over newly plowed ground, eg-
pecially breaking, is a leg-wearying
job for horses. They soon begin to
blow, and in an effort to make things
a little easier you straighten up the
gangs a notch or two. This of course
does not penetrate the soil so thor
oughly, and the resulting job is not
so good as you really want it. In
fact, that is the principal drawback TO
horse farming-you are constantly ia
voring your horses at the expense of
the work.
Now, disking is one of the most i'm
portant tasks on the farm. 1t is equal
ly as important as plowing because II
fits the plowed field for the reception
and growth of the seed. A plowed
Phoenix tribune., 1919-01-18

en- it here and there and expect it to
be satisfactory. 1t is necessary to
build the harrow from the ground up
with tractor use in mind Such a
harrow can be operated from the seat
of the tractor like power lift plow
1t will require no levers for setting the
gangs because this work will be done
by the tractor at the will of the oper-
ator.
The trend of farm operations is fast
running to power. Shortage of men
and high prices for horse feed demand
it, Before tractor farming will attain
its maximum success, some thought it
will undoubtedly be given to the re-
designing of farm machinery on a
tractor basis. Power-lift plows de-
signed solely for use with tractors
have been an accepted fact for several
years. Now we have the tractor disk
harrow.
Phoenix tribune., 1919-01-18
DON'T WANT GERMAN TRADE

That it would not trade with Ger
mans for five years was the decision
reached by the Agricultural Seed
Trade Association of the United King
dom at its annual meeting held in
London December 9. The possibilities
of growing in Great Britain seeds of
grasses hitherto imported-chiefly
from Germany-also were discussed
The question of providing more ade-
quately for better seed,testing and
grading throughout the country also
was under discussion in connection
with the decision by the Board of Ag-
riculture to establish a national in
stitute of agricultural botany at Cam
bridge. Members of the trade through
the association have contributed $751;
600 to this institute, where it is hoped
to establish center for testing seeds
both for termination and purity
There was no reason, in the opinion of
the members who discussed the mat
ter, why London should not now be-
come the recognized station for at
least the whole of Great Britain, as
Zurich was looked upon as the cen
trail testing station for practically the
whole of Europe before the war. 1t
was agreed that whatever method Of
testing was finally decided on, it
should be one that would satisfy not
only Great Britain, but also the con-
tinent and America.
Phoenix tribune., 1919-01-18
PHOENIX, ARIZONA, SATURDAY. JANUARY IS, 1919
NEGRO ENTERPRISE

Nothing venured nothing gained" which every
rational person believes Yet few of who claim to be rational
willing take chance We along in the uncertain
of snail fail take advantage of the opportunities
that before Commercial agencies claim that 95 per cent
the people engage business fail Judging from the x
coored this community the majority thinks that they
belong that 95 unwilling to attempt anything
that approaches business enterprise They afraid their friends
will laugh they fail 1t for this cause than
othe that many otherwise good business continue to work
and hoard their wealth. without investing sort of enter
prise. 1t the loss of they fear much rdcue
humiliation the II told you and what Just long you
this fear just long will you continue be the vassal Of
your employer. friend whom you fear will laugh you
should you attempt something and fail look at him. what is he
dng Taken from the viewpoint intelligent business
his position is by fy aughabe than would be yours
after unsuccessful attempt at something worth while
Phoenix needs race enterprise kind will afford
poymen for High School graduates boys and girls after
they from the various colleges and seminares What have
offer these boys and girls? Echo WHAT2 I'll
tell what would offer For the boys would
swe anorshp jobs in the State House and
the girls would place magnificent homes
maids ETC. Fellow citizens this will do anitorshp
job good enough you but good enough for
We must show We must advance Placing
your and mna jobs held does not show
advancement All honest work honorable you Very we'll
admit your statement But why educate boy for anor
ship job? He has for brains while engaged in such work
Ehtopa Men of the Black Race Citizens of Arzona call
you give thought this Ask yourself this que
tion What preparation making suitable employ
boys and girls after they finish their college course
Now for remedy 1t is useless that i'll exists unless
suggest remedy The colored and of this
munity who sufficient money high worthy
enterprise awakened and thoroughly
of their duty worthy enterprise this community will
only afford suitable employment for college graduates
will profitable the investors We several things here
cooperative mercantile establishment drug
men that will look after the building of homes for coored
people, and others business establishment
full and fourishng will suggest another All START
the right direction and for who has initiative
ambition and brains to make the start The good people of this
community will not allow worthy enterprise to down.
you have money enough start good
people of our will support you.
suggest that you this editorial and then do little
thinking Think loud then ACT.
Phoenix tribune., 1919-01-18
LONG STAPLE COTTON
TAKES GOOD ADVANCE

The long staple cotton market has
taken a turn toward higher prices.
On Monday offerings were accepted at
SO cents, an increase of cents over
the price at which the market has
been stationary for three months. Dur
ing this time distress" cotton has
been marketed. The $4,000 bales yet
remaining in the valley is in owner
ship that can wait Therefore the
price is bound to advance to meet this
condition.
"The raise in the cotton market"
said Edward F. Parker, simply means
that we are carrying out our policy of
sustaining the Arizona market to our
limit F." said Mr.. Parker.
''We want to see good prices for this
cotton But there is limit beyond
which even large buyer can go. The
law of supply and demand finally con-
trolls; and the factors of market on
the finished product and ability to sub
stitute a cheaper raw material control
demand. Goodyear has an ever broad
ening market for its tires and we have
never yet been willing to substitute SO
long as this high grade cotton can be
bought at price which the industry
can stand.
I'VE are confirming our purchases to
the Arizona market; first, because we
Phoenix tribune., 1919-01-18
ANIMAL DISEASES in ENGLAND

Declines and increases in the out
breaks of animal diseases in Great
Britain were reported at the annual
meeting Of the Royal Agricultural So
ciety of England, December II. The
report showed that since the begin
ming Of the year there had been
marked decline in the number of con-
firmed outbreaks of anthrax, which
was probably attributable, the report
said, to the smaller consumption of
imported feeding stuffs contaminated
with the germs of the disease. The
outbreaks of glanders had been fewer
than in any previous year except the
preceding one. There had been de-
cided reduction in the reported out
breaks of sheep scab as compared
with last year, but the disease had
not been brought to the level of 1915
and 1916.