davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-11-09
Money and Credit

Efforts Of the banks to improve
tnelr financial position as a result
OF the prodding Of the Federal Re-
serve Board. which is seeking to dis
courage the further expansion of
speculative activity, met with success
lass week and the statement Of the
New York Clearing House banks. is
sued yesterday, showed q decrease of
approximately $40 200 900 in loans and
discounts, while surplus reserves in
creased s43,0O0,O0O.
Previous to last week the loans and
discounts of the clearing house banks
had been mounting steadily over q
period Of several weeks, having at
tanned new high record of close to
$500. 100000. AT the close of bust
ness Saturday loans and discounts of
the banks had been reduced to s5.326.-
l44,UO0 and there are prospects that
further reduction will be made dur
ing the next week or SO.
Despite the action of the Federal
Reserve Bank last week in advancing
its official rates of discount, discounts
against Government war paper at the
reserve institution increased from
S7O200O,0O0 to S795,000 900 last week.
Discounts against other paper de-
creased from $130,00O,O0O to $l0e,-
100000.
Bank Cleearlngs-New York: Ex-
changes, s1,197 ,62l, ,b74 balances. $97,-
ISL, ,215.
Sub-Treasury-United States Sub
Treasury credit balance, $519,393: Fed.
eral Reserve credit balance, 500 ,53l ,6SS.
Silver-London. SD; New York.
Sl.23as; Mexican dollars, 971aQl011
New-York tribune., 1919-11-09
Stock Market
Again Yields to
Selling Pressure
Money Situation Still a De.
pressing Influence, but
Good Bank Statement
Brightens the Prospect

Stock prices offered less resistance
TO selling pressure yesterday, with the
result that the lowest leel Of the week
was reached just before the close. The
spectre of dear money was still the
most depressing factor in the market
even though traders did not have to
worry about loans for the day. Wall
Streets tradition that unexpected
news over the week end is more likely
to be bad than good accounted partly
Tor the decline in prices, for specula-
tors were, as often happens on Satur-
day. unwilling to make commitments
on the long side. even though the
strike news was favorable. Steel. mo-
tor and equipment shares seemed to
be under the greatest pressure. with
united States Steel common especially
weak at the close.
The weekly statement of tho Clear
ing House banks was decidedly favor
able and gave promise of easier money
next week: Excess reserves increased
about S5O,oo0,o00, while loans and dis
counts dropped some $4,000, ,0O0-the
latter. doubtless, owing to calling col
lateral loans.
This showing was very encouraging
to brokers because in spite of the
charge that the money market has been
manipulated by interests who were
seeking to depress the market, the fact
was that real shortage Of funds ex
listed last week.
New-York tribune., 1919-11-09
Texas Proxy Committee Repcrte,
Stocks and the Income Tax

c. I. Hudson & Company take up The
possibility Of many people holding
over high-priced stocks until next
year for income tax reasons, but they
also point out there may be consider
able selling in low-priced issues to es-
tablish losses. The firm says: Hold
ers Of the igh-priced stocks, with big
paper profits pyramlded, refuse TO try
and cash them in. at least until after
January l, on account Of the income
tax. and, therefore. these stocks are
very apt to hold their own in the mean
time. But how about the long list of
standard securities like Atchison and
Atchison preferred, St. Paul preferred.
Baltimore and Ohio, New York Central,
Great Northern preferred. Northwest
ern and the convertible bonds Of some
of them, the copper group as
whole, and lots of others. which are
selling way down, even well below where
the bull market started? There are
thousands of people who have big
paper losses in all these securities.
which can be cashed and deducted from
incomes and get the benefit thereof on
their tax. 1t is not likely that this
advantage has been, or is going to be,
overlooked. Hence the very low prices
and the probability that some of them
may be bought still cheaper. Keep
your eye on this list between now and
the end of the year. You may be able
to pick up several good bargains
New-York tribune., 1919-11-09
A Stagrnnt Market

New Street dealers in puts and calls
say the privilege market Is stngnant
and they attribute this condition of
affairs TO the wild market I'm specnla-
stocks jump about in such eriatic
fashion as they have been doing for
the last fortnight the person who is
willing 70 scl an option on stock
makes the price at which the priyrEe
can be exercised much further nwa<
from tho actual market than would be
The case were price movements narrow.
The best that could be done for "A celi
on Studebaker stock or Friday was 80
points up from the market That is "a
fair sample of whit the prospective
purchaser of privileges is up asalast
and eNpiains to large extent ~h4 bust
ness " not brisk
New-York tribune., 1919-11-09
Cotton Ginning Report

ANhlN NbifN, Nov < Cottes
g'nned prior 10 November !, tho Csnsu
Rurean announced 20. day. amounted =.
d.2}t SO running hAles. Including
lo.bsf round bales labsi bn,es o,
American Egyptian. and 1890 bales O
Sea Island
t'hnings iast yrat prior - Novem.s,
were 7.777.la9 running balss. inelud
ing i2oisi round hales. sGee bales o.
American Egyptian. and is.os2 bales si
Sea Island
Nis Years ginnings by states were
Alabama asa c5- Arisona si.s7s
Arkansas 9bs 400 California is.fie
Florida 1898 Georgia si4.7zs, Lou
mama is5 .3sp. Mlssirsipp bsg pas ss.
sour 1880 North Cnrolina ans az
oklehone aes s9s. scAih Carolina 1.
pn5 IA, Icnnessec Ii30f4. Texas 4
sid.0ss, Virginia 1855. all other states
! 260
sea Island ginninga by states were
Florida 9l5, Georgia as. sna sessf
Carolina saa
New-York tribune., 1919-11-09
Houe Passes Edge Bill
For International Finance

WASHINGTON. Nov. s.-The House
late yesterday, by vote Of 1877 to 21,
passed tho Edge bill providing for the
creation Of international banking cor
porations by national banks and other
financial institutions to the etent Of
10 per cent Of their total capital stock
and surplus.
The bill. which Is designed to en-
courage export financing, now will go
TO conference. Little opposition de-
veloped during discussion Of the meas
urs. all committee amendments to the
separate vctes.
New-York tribune., 1919-11-09

bullion specie has been prohibited
Local dealers in silver attributed the
British embargo To several causcs.
Silver bullion, it was stated. i~ very
scarce In England domestic consonp.
ton having increased grentiy IN the
past few months
Another reason advanced by metal
dealers here IL that the present hirb
price Of silver in fng'ard might feinpf
holders To melt coin into bullion Tor
export. Such an operations. n 0hs said
would be probable with the high price
OF 'he metal now prnya liu~ In LONDON
Following the announcement vcater-
day that the British government had
placed an embargo on the EXPORT Of
silver bullion ard coins. ,he pric. OF
the metal moved 20 new high level
IN the world market Tn Lonaou
quotation Yesterday was H-d an ounce
TOR spot delivery and Gtd for futuros.
Both figures arc high records tn
spot price represents clear margin
of Id above gold parity nj which the
intrinsic value Of tho ,artal in coina -
equal 20 their face demon nation The
highest previous aao'atin0 iof future
London delivery was e4a,d
The official New York price Of silver.
based or London quotations. was
sl..3@s. Bids were actually made from
sl2bN upward 70 81 2fA, larvr sales
were made az the latter figure for
de very in San Franc aco TIN. s 'he
highest price paid Ia the United 'atns.
with the exception OF one small trans
action week ago NJ SIPS an ounc..
N more than thirty years
Most OF the silver purchased in the
United States for high prices IL cx-
ported to China. Oriental banks reed
the metal 30 badly to rep'enish their
reserves that they are willing to pay
premium above Official quotations
New-York tribune., 1919-11-09
Sinclair We'll Cases Excitement

No recent completion in the dccp-
sand territory has caused more excite
ment than the well of the Sinclair Gulf
Oil Company. situated two miles cast
of the town Of Caddo, in stephens
County. La, and about five mills
from the nearest producing well of any
consequence. writes Toxas corrc-
spondent. This we'll is in what was
heretofore known az wildcat territory.
It had a production of about 5000
barrels Il day when FIRST brough, in.
but this has since fallen to about 1900
barrels
New-York tribune., 1919-11-09
Traders Talk Bearish

There were many who came down TO
Wall Street yesterday expecting TO see
higher prices for stocks. and when the
list after opening rregularly. sagged
throughout the two-hour session sen
timent changed accordingly. Traders
quick to note this sold stocks freely. in
the belief that they could buy them
back cheaper or Monday. After the
money rates, but carlier in the week
little attention was paid to fhis con-
dition by the same people.
New-York tribune., 1919-11-09
Two Executions

In the general fall ia spoculat We ST..
curity prices yesterday there were IA
few stocks that IN Nsh Street par snc,
acted well" One was Transcontinen-
tai OIL and the other Pressed Steel
Car. Both are known to he in tho go
called pool group. Transconiinentai.
30 and held around that Lowell. Pressed
steel Car, about which thore are re
ports of a change in the control az
the company, dropped to i0lla hut
closed practically unchanged Mt 1924
New-York tribune., 1919-11-09

Our expectations 70 the uilver standar
countries have reached u point whsr.
nai'h'ts are beginning 20 discuss tn.
possibility of . shortage tn this coun
Try "hieh VIII lif' silver ehove xelr
tii' Such "a development might ~
NiNe the -tppos'diy outsorn discassle,
as Z" %. ed stability - d douhla
naNFi monetary ssH'ein. although az
'''''Art" o3 ,Np ports would remedy al
excessively high price.
New-York tribune., 1919-11-09
Less Buying Of Odd Tots

Activity on the buying side in the
odd lot market for stocks diminished
considerably last week, according To-
THE Odd Lot Review" probably be-
cause of the influence Of nigh call
money Purchases we're about 30 per
cent greater than sales, however This
compared with 20 per cent the wnes
before. Tho number of bnvors ,v,~
about 20 per cent greater then tbc
number of golfers.
New-York tribune., 1919-11-09
I'm Wall Street
What Do You Think Of the Market IN

A floor trader on the Stock Exchange !:
:Ihe market to me looks tired. The
indications are that the banks are
frowning on the activities of certain
pool operators by calling loans on high
priced specialties like Republic Iron
and Steel, Baldwin and Crucible. How
ever, am bull on Corn Products"
Texas Proxy Committee Reported.
There were reports in Wall Street
yesterday that efforts are being made
to organize an independent proxy COM
mittee for the annual meeting Of the
Texas Company, which will probably
be held some time next month 1t was
said. however, that no opposition will
be made TO the company's announced
plan for increasing the capital stock
from $4,000, 900 to $3.50 100000 by the
sale of $45 100000 at par Sharehold-
ers will vote on this proposal at a
special meeting called for November IS.
Just what the solicitors for inhepen-
dent proxies for the annual meeting
have in mind was not divulged Texas
stock declined to 225 yesterday, net
loss of points.
New-York tribune., 1919-11-09
Bonds and Stocks in Bankruptcy

Have your Investments met with reversss
have dividends been suspended-are your
= .-'nns IN default and the companies in
pankruptcy7 Consult Frank =. Ward 80
Pine Street. ". Y. Cash offers made. Sug
fcsttons for converting into profitable In
vestnents.
New-York tribune., 1919-11-09
DOMINION
OIL co.

The Road - frusf"~n have d~oisr.S b,
N"nfhI} rRs'' iitittra = e. nu fhe oosr
mon t.urh, paftiI- isor taf fs49 ~ stnrs
holf~fe - feUrfD Nna 81. 1919
Nuf 1919 ~ 4, fbANEH ssa<Y
New-York tribune., 1919-11-09
London Money Market

LONDON. Nov s.-Closing rate sss
money. "a Per ssut Discount rstess
short bi'ls IA per cent, three months
oills. b.. per cent. Cold premiums q
Lisbon, lie
New-York tribune., 1919-11-09
British Imports Increase

LONDON, Nov. s.--The Board Of
Trade figures for October show an in
crease in imports Of fss s5s,ooo. Ex-
ports increased 36.241,ooo.
New-York tribune., 1919-11-09
The Dollar i'm Foreign Exchange

The urgent need Of the establishment
OF foreign credits in this market to
correct serious situation was en-
phaslzed last week by the pronounced
weakness weakness IN exchange on the principal
European countries. Rates on Berlin
and Rome fell to the lowest levels on
record. French exchange dropped
within a few centimes OF the record
low and sterling exchange receded
rather sharply.
German exchange, which fortnight
ago made rather sensational recov-
cry to around cents to the mark,
broke last week TO 2B0 cents when
tremely unfavorable economic situa-
tlon in Germany. Unless German
credits are opened here further de-
cine In exchange on Berlin is inevit-
able, bankers said, and pointed OUT
that the same situation holds with
regard to Italy, France and England.
An English financial authority, dis
cussing the, continued decline in the
foreign exchanges, says: The pres
ent movements are inevitable under
the circumstances. Great Britain,
Italy, Germany and others have all
outrun the constable. They have spent
heavily, they have manufactured paper
currency even more heavily. and they
have gone on importing luXuries enor-
mously. The manufacture and pro-
ductlon Of experts essential to pay
their Indebtedness to foreign countries
! have fallen Off, and, as net result,
there is not the wherewithal to pay
the piper. While the value Of the
currency was maintained by artificial
props these things were obscured; now
the prop is removed. the true tinancia!
position OF the late belligerent coun-
tres Is becoming more ptain--that is
II yon calculate the cost Of this dol
lar in terms Of foreign money at cur
rent exchange value, that Is, il you
we're buying dollars with pounds.
marks or francs, its value at the close
of last week, as compared with q year
ago, SOllows:
New-York tribune., 1919-11-09
Britain Prohibits Exports
Of Silver Bullion
Embargo Aims to Prevent
Melting of Coins. Deal
ers Here Saw

LONDON. Nov s.. Export Of silver
bullion specie has been prohibited
New-York tribune., 1919-11-09
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

(Copyrght 1919 Now York Tr1bune Inc,
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
Ads
FOR SALE

FOR SALE-Honest time faithful
ly applied by good mechanics, insures
satisfaction on auto repair. Try us.
Schneider Marble Co. 2-H
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
uMMy COON WINS THE RACE.

JIMMY COON WINS The RACE.
AND now the sun was high and
"A Jimmy Coon drove all of his
COMPANIONS to catching grasshoppers,
telling them that he had a lovely
prize to give the wirneT.
You would have - cd to see
them all jumping to those
grasshoppers. But aft, had
worked long time Tedd, I'm
had four. Bobby Skunk t.,
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04

Everyone was perfectly astonished
ut the number of grasshoppers jim
my Coon had.
Cousin Bruin had eight. Cousin
Bruin was so cleveS with his big
paws, and he gave such great
blow, and he ate a lot, just to see
how they tasted.
Jimmy Coon sat on one side urging
them on, and didn't work at all. "Why
don't you try?" said Teddy Postum.
"Well I don't have to try, for /
did all of my work early this morn
ing. Now let us go up to the old
Oak Tree. Chatterbox is the judge
and he will count" So Chatterbox
had to carry the eight that Cousin
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
tie AdVentures Of ~
w itnynY, Coon Sa
b @A{As. S7A

Bruin had caught for he was afraid
Cousin Bruin would eat all of his
eight on the way.
"Now," said Chatterbox, "sit
down in row and l will count, and
it will all be perfectly fair. Where
is the prize? 1 won't begin until I
have that in safe place and Ned
Chipmunk can help me count.
So Jimmy Coon took him to hol-
low tree and showed him five beau
tiful turtle eggs in little. corner,
vered with moss. Chatterbox told
~cry Jack, the gray squirrel, to
- and see that no one took the
Chatterbox said the way to
count to match grass hoppers,
so Tedd nFeum and Bobby Skunk
and Cor n each brough one
and they y to lay them side
by side, WI ny Coon last OF
all brought g.
,."That's one, l. Chatterbox,
and you, jim Cl ", are TO keep the
score"
Cone" said jim Grow. 'Now two,"
said Chatterbox, and 1.-TWO" said jim
Grow. Now Bobby Skunk fell cut
of the race for he only had two, and
Cousin Bruin jumped up and put
Bobby's two in his mouth, for he
thought it was silly to keep them
since Bobby was out Of the race
When they came to four, Teddy
Possum fell our--for lie only had
four. So Cousin Bruin ate, his four
also. Then Cousin Bruin and Jimmy
matched grasshoppers up to eight,
and as Cousin 2ruln only had eight
he just ate his eight. But Jimmy
Coon kept on bringing more and more
one by one, and everyone listened to
hear Chatterbox still counting. SIXTY
seven, sixty-eight, sixty-nine," jim
Crow repeated after him, aud they
counted in all 96 for Jimmy Coon!
Tomorrow = Peter Rabbit Ex-
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
RAILROAD SCHEDULES.
SEABOARD AIR LINE RY.
Passenger Train Schedule.

Time Table Effective 10:01 4. NJ
March 81, 1913.
EastbOund.
DEPART
For Cordele, Helena and Savannah,
1871 p. M. Eastern Time.
For Cordele and Helen 615 P. M
Eastern Time.
For Cordele, Helena and Savannah,
2:20 A. M. Eastern Time.
WestbOund.
DEPART
For Richland, Columbus and Al
bany, 1000 A M. Central Time
For Columbus and Montgomery, $40
P. M Central IL -
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04

LOST-July 20, on Americas and
Friendship road one insurance policy,
two war savings stamps. Finder
please return to Mrs. Emmett Kidd,
Americus, Ca, Route c. and receive
reward. Lot
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
RAILROAD SCHEDULES

RAILROAD SCHEDULES
Arrival and departure Of passenger
trains. Americas, Ga.
Central of Georgia Railway
Trains Arrive.
From Columbus
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04

FOR SALE-Lime for sanit'ry
purposes. $1.25 per barrel delivered.
j. w. SILVER, Phone lit. 28-tf
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04

FOR SALE-One Woodruff saw
mill, 5000 feet daily capacity; one
80 hp. return tubular boiler (new
flues) one 20 hp. Schofield en-
CINE; one log cart; cant hooks,
wrenches, tools, betting and piping.
Also one pair good mules. A bargain
if you mean business. J. w. SILVER.
SIT
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
wANTED-To RENT

WANTED or 5 room house by
Sept. 1. No children. Box 366. PITT
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-08-04
NEUTRALITY-SUSPICIOUS.

WANTED-A second hand "16"
or $50" LIE Fever gun with ejector
or any other good make. Call 348 or
see J. A. Walker, Americas, Ga. 1-3t
The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-03-12
THINK IN 1NTEREST-SAVE-
HAVE SENTIMENTAL VALUE
Gifts Of War Savings Stamps Should
Be Kept.

Every person who makes a gift of
War Savings Stamps to either a child
or a grown person should accompany
that gift by one or two. things, accord
ing to Charles Kerr, Minneapolis as
sistant postmaster. He should accom-
pany the gift either by a lecture on
the value of thrift and the wisdom of
keeping the stamps or by a pledge
from the recipient that the stamps
will not be cashed.
There is a tendency" Mr.. Kerr
said, "for persons who receive stamps
as gift to think of them as so much
velvet something to be turned into
money and spent at once. Every
stamp giver ought to do something
to offset this tendency. The value of
money in the form of War Savings
Stamps is just exactly as great as if
the possessor got them without effort,
as gift, as if he had worked to earn
the money and buy the stamps. Also,
the stamps represent the toll of the
one who gave them and for that reason
have a sentimental value that must
be taken into account. If a friend
is willing to work full day/say, to
earn the money for gift to you, the
gift should be kept"
The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-03-12
OFFERS
TREES FOR ARBOR DAY

The division of forestry of the
University of Minnesota announces
that in order to encourage the plant
ing of trees on Arbor Day it will
send to any school in the state from
the forest nursery at Cloquet, Is
evergreens from one to two feet tall
of a suitable size for successful
planting, Twenty-Five cents must &C.
company the order to cover the cost
of digging, packing and mailing.
Orders should be received not later
than April 5. Complete instructions
COR handling and painting will be
furnished with each Shipment Or
ders should be addressed: w. H.
Kenety, Forest Experiment Station,
Cloquet, Mimi.
The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-03-12
AXE ! / / i s ! IE

OF the First Loan, the Ninth Dis
trict took SIT, 926, 25O. MI '551
OF the Second Loan, the Ninth
District took $132,942, 35O.
Of the Third Loan, the Ninth Dis
trict took $3.50, 800, 400. 'S3
H OF the Fourth Loan, the Ninth
District took $242,046,o5 .ss.= &. u
I'm & II is going to be harder to- sell
the coming Liberty Loan, though"
lis q remark commonly heard. :
Why should it be?
The Ninth Districts bank resour-
ces have increased practically $780,
100000 since April, 1917. ] 81 E. ." .t >s IN.
Our savings have increased from
$72.88 per capita i'll 1914 to $136. 88
per capita in 1918 and are still in
creasing. .-.~' 81 -. a..
The war isn't over. 81
The boys are not home.
The jovb isn't finished.
Therefore, there should be no let
UP or let-down. f..
On the other hand, world peace is
assured. =, 49,. $3.50,
By our bravery and our extensive
preparations we saved at least a
hundred thousand American lives.
Is that unshed blood worth the
price? ~.
We can see the end of our ire
mendous expenditures.
They have already begun to shrink
almost as rapidly as they increased.
The fifth undoubtedly will be the
last Liberty Loan. -.
Therefore, don't let this idea that
it is going to be harder to sell the
Victory Liberty Loan spread. It
isn't right, it isn't patriotic, it isn't
true. Let's just tighten up our belts,
turn the corners Of our mouths up
instead of down and set the
Thought waves" of thankful optim-
ism working for us and for the "Vic-
torious Fifth"
We're not cutters. We are going
to take our share of the Victory
Liberty Loan with less fuss and less
prodding than were required for the
Fourth. Let's start thinking and
talking along that line and make it
easier.
The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-03-12
NOTICE OF LIS PENDENS.

Notice is hereby given that an ac-
ton has been commenced in this court
by the above named plaintiff against
the above named defendants. the object
OF which is to obtain judgment. that
said plaintiff is the owner in fee Of the
following described real property. and
that said defendants, and each of them.
have no estate or interest therein or
lien thereon, said property being de-
scribed as follows, to-wit: The South
one-half Of the Northeast one-quarter
(SH of NEA) and the East one-half
Of the Northwest one-quarter (Eh Of
NWA) Of Section nine (9) Township
Sixty (64), Range, one ~. East
Of the Fourth Principal Meridian. Lot
eight Is. Block Sixty-one (sI, lots
eleven QD and twelve 12). Village Of
Grand Marais, and lots one a. and
two (2), Block three (3). Harbor Adj
dition to Grand Marais. according to
the Government Survey thereof.
LATHERS & HOAG,
Attorneys for Plaintiff,
300 Alworth Building,
lis Duluth. Minnesota.