davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-06-13
Preparing for Battle.

Stockholders of the International Mer-
camille Marine Company who are active
in their opposition to the plan for the
sale Of the British ships and assets and
the subsequent liquidation Of the COM
pany are preparing for glorious battle
when they meet the Marine administra-
ton forces on the battle-ground In Hobo
ken next Monday. Ever since they de-
cided to make an effort to prevent the
sale those shareholders have been doing
their best TO obtain proxies, and accord
ing to the word Of one of their number
they are going to be we'll supplied with
ammunition when the engagement be-
gins. That proxies are coming In rap
idly to the anti-sale proxy committee,
consisting OF J. w. Platten and Fred
eric w. Scott, the two directors who
came out in open opposition to the deal.
Is asserted in authoritative quarters. while
the Marine officials constituting the other
or pro-sale proxy committee refuse to
comment on the number Of proxies they
have received. That the latter are due
for a Jolt at the meeting was declared
BY a man who claims to know. He said
that a very large number Of shareholders
who had given the Marine committee
their proxies to vote in favor OF the sale
have given to the other committee their
proxies to vote against the deal and revo-
cations of their original proxies. The
opposition intends 1t Is said. to spring
on the Marine proxy committee this
sheaf Of revocations of proxies which the
Marine heads are expecting to vote In
favor of the transaction.
The sun., 1919-06-13
Interna tional Agricultural.

The annual report of the International
Agricultural Corporation for the year
ending June 80, 1919, Is being prepared,
1t was learned yesterday. That this re-
port will show earnings OF surprising
nature Is declared by those who claim to
know. In this connection 1t was learned
also that the directors have devised
plan for putting the preferred stock back
on its regular per cent. dividend basis
instead of keeping 1t on per cent
basis, and for the payment of part at
least of the accumulated dividends on
the preferred stock. which now totai
37X per cent. The recent buying OF this
stock, as we'll as of the common. is said
to be based on knowledge OF these things
and the fact that the loss on property
owned in Germany al the outbreak of the
war has been written off by the company
to the extent of $1.5o0,o00. While this
property is considered as a total loss and
is charged to the profit and loss surplus
al such, there is reason to believe some
Of the insiders declare, that when the
peace treaty is signed and its terms car
ried out the company will receive at
least some compensation for these losses.
The sun., 1919-06-13
GOSSIP OF WALL STREET


One o. the chief features OF the bull
market which has been in progress for
the last few weeks has been new rec
ords made In the price list And now
comes along a brand new record for
consecutive million share days. yester-
day making the forty-seventh since
April. with a two million share day
sandwiched in the middle for good meas
ure. On April 2 the total transactions
were 1,041,000. While there he'd been
earlier days in which trading went
over the million mark, II remained for
that date to start the train of big days
which apparently had not passed. Dur.
ing all Of that time there have been
only seven sessions In which trading hal
not exceeded the million mark and These
were all Saturdays. On the other hand
there was one Saturday session, notably
May 10. when che total turnover OF
shares was 1,016,700. The record up &c
the present for consecutive million
share sessions was made in 1901, wher
there were forty-four days in which the
mark was crossed. In 1904 the string
was broken at forty-three In the win
ter OF 1e05-1s08 that mark was reached
That the total now IL not hfty-one day
instead Of forty-seven Is due probably
to the fact that since April there hav'
been four holidays. all of which no doub
| would have been million share days.
The sun., 1919-06-13

cosssassS on Pass Is. oos.. . ard 4
The sun., 1919-06-13
The Traction Issues.

One branch of the city administration
yesterday raised hopes in the breasts Of
holders OF traction stocks In the morn
ing. Another knocked the hopes into a
cooked hat In the afternoon. That about
accounts for sudden activity in Inter
borough Consolidated, Brooklyn Rapid
Transit certificates. Third Avenue and
other New York transit securities yester-
day. The speech OF Commissioner Nixon
was interpreted In Wall Street to FORE
cast some immediate relief for the strug-
Cling lines, and II not a raise in rates.
at least a readjustment of the transfer
system. But Mayor Hylan's brief state
ment In the afternoon tended to throw
cold water on the plan. II win oppose
an increased fare" the Mayor is quoted
as saying. land II the transit corpora.
lions refuse to operate the lines the city
will operate them in the interest of the
people,"
The sun., 1919-06-13
FURRY I'm Call Money.

A miniature furry in call money oc-
CURED in the late afternoon yesterday,
but Il was after most Of the days loans
had been made. outside Of sending a
temporary chill through the market,
which disappeared Immediately when the
rate dropped. the furry had little effect.
Call money touched 9 per cent and a
few Industrial loans were made at 10
per cent. When money reached this rate
two institutions-the Central Union
Trust Company and the Equitable Trust
Company-sent funds to the floor Of the
exchange to be loaned at 8 and 6h per
cent The rate declined Immediately to
those figures. The highest rate for
mixed money was per cent. although
about so per cent. of the loans In the
current market are on all industrial
collateral. Prices declined sharply on
the Stock Exchange when the high rate
was touched. but made up most OF their
losses before the close.
The sun., 1919-06-13
Broker, Operator. May strike.

Wall Street paid very little attention
to the telegraphers' strike until yester-
day afternoon, when, It was reported,
brokers' operators would be called out
to-day. The Street has had no occa-
sion to pay any attention to the strike
thus far, because, without exception,
business has gone along smoothly and
without interruption. The possibility.
however. of a brokers' operators strike
is another matter. 1t would undoubt-
eddy represent a crippling blow to the
market just at this time, since large
proportion OF the business comes into
Wall street by wire. Much of the ner-
vousness exhibited by the market yes
terday afternoon was reported to be due
to this possibility. Approximately 700
operators are employed In the financial
district. They are reported to be APP
proximately s5 per cent. unionized and
are the highest paid OF any of the key
men, most of them drawing a good sized
annual bonus from their firms in addi-
ton to their salaries.
The sun., 1919-06-13

The sudden activity in International
Harvester during last week Is reported
to be due to an accumulation of the
stock by insiders conversant with tre-
mendous orders which have flowed IN on
the company In the last two months
In addition to tho domestic business.
which is said to have reached It's peak
last month, the foreign inquiries are
rolling in In satisfactory volume. The
problem that confronts the company Is
that of foreign credits Most of the for
eign inquiries are with the provision that
credits be arranged In the American
money markets. No plan has been
adopted. In view of the company's un-
pleasant experience with It's Russian
contracts, In which its losses aggregated
almost $4,000, 900. It Is very likely that
1t will go slow In shipping machinery
abroad before knowing exaGAiy where
the payment u coming from and when.
The sun., 1919-06-13
- ~ ,rPanss ct,ons vesterdsxe
Bank Of England Statement.

LONDON, June 1.-THE weekly state
ment OF the Bank of England shows the
following changes: Total reserve in
creased f2S1.0o0, circulation decreased
fls6,o00; bullion increased fs4,42s.
other securities decreased fs22,0 900. pub
lie deposits decreased f1,126,000. other
deposits increased f3.260.000, notes re-
serve increased fts6, 200, Government se-
curities increased f2,771.000 The pro-
portion of the banks reserve to liability
this week Is 1917 per cent Last week
It was 1924 per cant The banks dis
count WAs . Per cent
The sun., 1919-06-13
Pari. Bourss Tradin~.

PARIS, June i3.-Prices were irregular
on the Bourse to-day. Three per cent
rentes. 81 francs 20 centimes for cash !:
exchange on London. 30 francs SIS CEN
times; per cent rentso. So francs, s
centimes The dollar ranged from 6
francs, Ssh oentimes to francs, 43b
centimes
The sun., 1919-06-13
London Money Market.

LONDON, June l2.-Bar silver. SAID.
an ounce: money. IN per cent dis
count ratss-ahort bills, 81 per cent.
three months bills. So per cent.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27

plants during the period of growth.
Nitrate of soda and fertilizer mix
lures containing considerable per-
for this purpose. When using fertil-
izer as a side dressing, care should
be taken that it is not applied too
near the base of the plants, but at a
little distance from the row, and then
1t should be cultivated into the upper
two or three inches of soil so that the
small feeder roots of the plants will
gradually reach it.
Elements in Fertilizers.
The three elements of plant food
contained in commercial fertilizers are
phosphoric acid, nitrogen, and potash.
NitrogenShas the effect of stimulating
the leaf growth, and phosphoric acid
and potash have a tendency to in
crease root growth and to mature the
seeds of the plants. Root crops and
potatoes require a reasonable amount
of potash. Corn, beans and others of
the garden crops, which are grown
for their pods or seeds, want suf-
fcient supply of phosphoric acid,
while lettuce, celery, swiss chard and
others of the salad or leaf crops re-
quire plenty of nitrogen. The safest
plan, however, is to apply an all
round or complete fertilizer having
approximate 8 per cent phosphoric
acid, or 5 percent nitrogen, and 2
or 3 per cent potash on land that is to
be devoted to general garden crops.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
When Did City
Streets Receive
Present Names?

Richmond streets did not always
have the present convenient and
easily remembered, if unromantic
names.
Before 1880 the city's streets were,
like those of many cities, called after
trees, prominent citizens, or anything
else which struck the fancy OF the
city founders. Several of them had
several names during their history.
But in that year the city council abol-
ished all the romantic old names and
substituted the present system.
Streets north of Main have been
called at one time or another: A,
Broadway, Sprink; B, Mulberry; c,
Sassafras, Short and Grant; D, Vine,
Cliff, and 1.-The street south of the
Fairgrounds" E, Noble, Division; F,
Finley, North; G, Maple, Moffit; H,
Sanders, Chestnut, Delaware; /, Pine,
Cedar, Chestnut.
Streets south of Main were known
as: A, Walnut; B, Market; c, Syca-
more, South Park; D, Mill, Sherman;
z. Central Avenue; F, Poplar, Salter;
G, Linden: H, Branch; l Madison,
Reed; J. East, and West Oakland; K,
Mound.
Streets running north and south
were named, in order; First, Jackson (;
Second, Green; Third, Washington;
Fourth, Front, Madison Bridge;
Fifth, Pearl, Monroe; Sixth, Marion,
Gaar and High; Seventh, Franklin /;
Eighth, Fifth Avenue, Center; Ninth,
Boston Avenue, Virgins; Tenth, Sew
enth, Newport Pike, East and West
Pike; Eleventh, Eighth, Barclay
Fountain, Mound; Twelfth, Ninth,
Middleborro Pike; Thirteenth, Tenth.
The streets to the east Of Thirteenth
were numbered consecutively. in the
same manner as Thirteenth, until the
present Twentieth was known as
Seventeenth. The present Sixteenth
street was known as Reeves Avenue,
or Thirteenth street.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27

the lack of potential market, but by the right
means to develop it.
Advertising is the solution of this present
national problem. The means of reaching the
consumers are at hand.
At no time have the manufacturing facilities
of the country been as great as they are today
At no time has the earning power of the Ameri-
can people been so high. Purchasing power ex-
lists. The consumption Of all legitimate COM
modities can be even further increased in the
markets where they now selling, and sales
can be secured where before no markets were af-
forded. Nc.v products can be introduced. The
public can be educated to spend intelligently and
also to save wisely through daily newspaper adj
vertising.
appeal to you, governors and mayors, that
you do not let your state council of defense nor
your local safety committee disband until they
have spent as much energy, time and money in
getting the public focused on prosperity as they
spent in getting the people thinking of the war.
The departments at Washington realize that
there must be readjustment following this war.
Every period of initiation is followed by period
of deflation. We are not burying our heads in
the sand as blind optimists, although we had
rather be blind optimists than blind pessimists.
What we are fighting for is that the readjust-
ment shall not be brought about willfuly in a
harmful way, but rather that we shall do what
is possible to retard it so that the change will be
made slowly and no one will be harmed By so
doing we can be sure to provide mattress for
both labor and capital, and at the same time we
shall have the fighting chance that we can stave
off trouble altogether.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27

the specialists of the United States
Department of Agriculture.
The great danger in the use of COM
mercial fertilizers is that too large
quantities may be applied and cause
injury to the plants. 1t must be
borne in mind that commercial fertil-
izers are very concentrated form
of plant food and, therefore, should
be used in moderation.
Amount Needed in Garden.
Market gardeners frequently use as
much as 1000 pounds of commercial
fertilizer on acre of ground. This
would be at the rate of about or 5
pounds to a plot of ground 10 feet in
each direction or 100 square feet. AS
Stunning that the average city or back
yard garden is about 80 by 60 feet in
size, SO to 20 pounds of standard, high
grade truckers fertilizer would be all
that would be safe to apply on a gar
den of those dimensions. Under most
conditions so pounds will be the max
imum amount to use.
Commercial fertilizers are usually
put up in sacks containing 200 pounds,
and a good plan would be for several
gardeners to join together in buying
fertilizer.
Methods of Application.
There are two or three methods of
applying commercial fertilizers in gen
eral use. The first and most common
is by scattering the fertilizer broad
cast over the land after it has been
plowed and narrowed, then giving the
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
ASSERTS RHEUMATIC
IMPURITIES CAN'T
STAY In BODY
When My Prescription Goes in, Rheu-
matism Goes Out Along with All
Poisonous Uric Acid, Says
Discoverer James
II. Allen

Because he was crippled with ter
rible rheumatism and unable to work,
and because doctors failed to help him.
Mr. James II. Allen of Rochester de-
cided to help himself
Persistent study. ceaseless patience
and frequent experiments convinced
him that before anyone could be free
from rheumatism the poisons and i'm
purities often called uric acid deposits,
must be dissolved in the joints, liga-
ments and muscles and expelled from
the system.
1t took some years to get this idea
into the form of a prescription, but
perseverance finally conquered and in
a very short period every pain and
twinge and trace of rheumatism was
forced to flee and Mr.. Allen turned
himself from a rheumatic wreck into
a strong, healtf.>. robust man.
So pleased was he with his success
that he named this wonderful medicine
Allenrhu. Many others cursed with
the agony OF rheumatism tried ii with
results that were almost magical
Requests for Allenrhu became
numerous that a decision was reached
to let sufferers know of the discovery
through the newspapers and now drug
gistS throughout the country dispense
the Allenrhu prescription, or can get
it for you on short notice.-Adv.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
Can Prices Come Down?

have wish to return to the habit of paying with
COIN With and checks in general there
will be greater tendency toward inflated prices thar
would be the restricted to the of
convenient method of paying
Another of the that advanced in support
of probable continuance of high prices is the fact that
na ton in other countries has been greater than in the
United States. Prices in Europe since the began
have risen than they have in America. The price
has been less the farther from the seat of hoses
1t least in Australia and New Zealand 1t next
least in the United States, Canada, and japan. Then
neutral Europe; then present allies and finally
Germany and Russia Gold tends usually to flow from
hghprced countries owpriced countries that until
inflated European prices fall gold is likely to flow
thither Prices likely to fall there than
here.
Business men," says Professor Fisher, should
the facts To talk reverenty of 1894 prices speak
dead language today The buyers of the country since
the armistice, have made unexamped attack upon
prices through their waiting attitude and yet price
cessons have been Insignificant The is
high-prce level, which will found stub
born reality. Business going find that
clever man is not the who waits but the who
finds out the price facts and accordingly"
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
Abandoning the Board of Works

The proposal to change the personnel of the
board of works as now constituted and substitute
for it members of the city council is fraught with
more danger than its supporters imagine.
The board of works occupies an important
position in the administration of civic affairs and
its dismissal on the grounds so far advanced by
the men who advocate the change would be cal
arility
When the state legislature enacted law
making possible the appointment of board of
works it had in mind sound principle of govern
ment namely, that one department should always
have check in another one
The board of works, for instance, cannot in
tiate or pass on city appropriations. This is re-
served for the members of council On the other
hand, the matter of public improvements, which
is of paramount Importance to every citizen, is
within the jurisdiction of the board Of works,
even if the appropriations for the work are passed
by the council The two bodies act as checks
upon each other in many other ways.
The disposition of some councilmen to discard
the board of works on the grounds of economy
should receive little support from the citizens.
The watchful care which the board of works ex-
ercses over public affairs, as we'll the atten-
ton winch 1t gives TO puDlc business, Is WorIh
many thousands of dollars to the citizens annual
ly and offsets any economy that might be effect
ed by turning the work over to men who will
serve for nominal sum of $3.50 annually.
If the board had been VIGOROUSLY inefficient,
if the city were facing financial crisis that
involved the elimination Of almost every form Of
expenditure, the plea of economy might be re-
ceived with some consideration But here is a
place where there is great danger of being penny
wise and pound foolish"
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27

From the Dayton News.
l prices of those commodities that flow through the
= principal channels of commerce? Will the prices of
food clothing of building material and of necessities
In general down in the immediate future? Is bust
justified holding aloof while awaiting reduction
of prices for material and lowering of the price of
labor?
Irving Fisher, professor of political economy at Yale
University has prepared monograph the subject OF
prices his conclusions ought to be interesting to
every business man, well laborng man in
America. Professor Fisher discover reason for
expecting return to pre-war prices.
ut is interesting to observe the Yale economist
"hat many manufacturers think prices must down,
including price of labor but they ready to demon
strate to you that their prices not come down.
Almost everything they buy costs twice much be-
war, and their labor is twice dear They can
not pay if Dor is to meet the increased
cost of living.
One Professor Fishers reasons for concluding that
there likelihood return to former prices is the
certainty that gold will back into general cir
cuation When people have learned to leave their gold
and silver banks and money and checks
instead they find the convenience SO marked that they
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
ID / n n G r
S tor / G 8

Some one, just for a joke, asked
the new clerk in the seed store for
some sweet potato seeds. The clerk
hunted all through the seeds but
could find no sweet potato seeds and
finally appealed to the boss.
The latter explained that he was
being kidded and cautioned him about
not letting smart Alexis put any
thing over on him.
A few days later a lady entered
the store and asked for some bird
sed.
Jaw, go on grinned the clerk,
you can't kid me. Birds is Matched
from eggs
Dearest" he murmured as soon as
they were seated in the high-priced
restaurant, you can have anything
you want on the bill of fare. Shall
l read it off to you?"
NO she replied hungrily, "just
read it off to the waiter"
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
Go Ahead Wisely

Roger w. Babson, a noted statstcian and
economist has prepared for the department of
labor an article on What Is Being Done at Wash
ington to Help Business" which concludes as
follows: 81 80 ....E
1t is suggested that states and cities author
ize large building projects to stimulate business
and give employment to labor. That will help.
but it will not be sufficient. What need is
for Washington to spend as much printers ink
in getting people to buy as it spent in getting
people not to buy. The president has removed
the war restrictions, disbanded the retarding
boards and has done all he can to help business.
What is now needed is willingness on the part
of both labor and capital to forget the past and
saw wood"
1t is generally conceded that America has
made more progress than any other country.
Statistics indicate that this has been largely due
to three causes-our natural resources our edu-
cationa system of developing individual initiative
and our concentration on craftsmanship and adj
vertising. The first two factors are being talked
about so much that cannot too strongly empha-
size the last During the period it was nee
essary to do little more than make products and
transport them in order to dispose of them at
good profit. Goods sold themselves 1t was
simply question of getting the labor and the
cars But by the time this period had reached
its height the iarmstce was signed Then We
were suddenly confronted with a huge manufac-
turing capacity and a disorganized selling and adj
vertising machine. Supply became greater than
the demand. Business has been checked not by
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-27
Liquor Acreage

Listed in the increased acreage which will be
brought under cultivation in the United States
this year is an item showing that 100000 acres,
annually devoted to growing corn, barley and
rye for the manufacture of liquor will be devoted
to the raising of foodstuffs. The annual average
amount of corn, barley and rye used in the manu-
facture of liquor in the United States from 1907
to 1917 inclusive was: corn 1858, 900 bushels );
barley 49,9OOO0O bushels, rye 4,71O,00O bushels