davidaulloa/AmericanStories huggingface dataset:
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08

senate. The bill carried an amend
ment by senator Witt that chains and
ropes shah not De used ia conveying
children TO juvenile schools. The sem
ate bin permitting creation of corpor-
atoms TO act as licensed agents Of fire.
accident. marine. casualty and fidelity
insurapce companies was passed
finally
Recalls school Aid Bill
BIZ q vote Of = to so. the house
voted 10 recall the Dean senate bill
u--I -ass-I yes, erday. apprOpriat-
Ing 600. 600 for rural school aid. There
is movement 20 postpone the bill uu-
til the special session. when the gem
eral appropriate viii also enlarge
The field in which It is 20 be used
IeSrlrTinC before the house commit
tee. which is investigating the state
highway department Eldred AIckln-
non. vice president and cashier OF an
Austin bank. said the account OF the
highway commission is handled
through his bank, and that the COM
mission had never allowed large ac-
the bank any length OF time. but con-
verts into the state treasury frequent
ir. often two or three times q week.
when the money is coming In in large
quantities. The witness said no person
connected with the commission has
other Bills Passed.
Representative Jack G0suon's crop
osition for an educational survey o.
the state was rejected ny the house
this afternoon when it refused 10 en-
gross the bill by a vote Of 50 10 s. The
bin Carried an appropriation OF $4,000
Senate bill by Buchanan. Of Scurry.
authoriziug the state prison commits
sion 90 lease lands under its control
for prospecting for oil and other min
erals. was passed finally in the sem
ate.
other senate bills passed finally bv
The house this afternoon were Pr0vid-
ing for limitation Of . years in abb
strucc OF LAID Providing that suits
against a corporation shall not abate
because OF dissolution OF the corpora
ton Providing that lands purchased
by persons entering the way service
shall be retained bv such persons foi
q period Of 70 months after DISCHARGE,
despite failure 20 comply with the
terms on VIII ) The land was bought
To permit gasoline stations and gar
ages TO remain open on sundays from
10 o a m and TO o. m Proyiding
for elections TO locate or remove coun
o seats Deficient appropriation for
girls training school at Gainesville
AuthorizainE free treatment ~ the
state Pasteur intitute.
The following house bills were
passed finally by the senate Fixing
the salaries OF district attorneys at
$4,000 in counties having a population
of 100 600 or more Prohibiting the
foreclosure Of the property OF a SOL
der until 70 months after his dis
charge
The house passed 20 eugrossment
and third reading the following bills:
House aill carrying an appropriation
of S67S,000 60 meet the deficien les in
all institutions and departments.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08
Speaking of Oil Stocks
REMEMBER
Each local business has al

Each local business has at
least one familiar name-a
name identified with sue
cessful service, a name that
represents the best achieve
ments in its particular line,
a name that comes first to
the lips when the business
it stands for comes into the
mind.
Only the best of the oil
stocks are handled by this
office.
J. S. CURTISS & co.
Established 1913.
Sheldon Hotel, Ell Paso, Tex.
Oldest Brokerage Firm
in Ell Paso. Your bank will
recommend US.
Advertisement
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08

The Increase IN the number Of women
wage earners On the United States durirr
The war amounted 90 about 10 percent
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08

More than 2s00 operations are nsces-
lary In the manufacture or a good watch
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08

IN Italy the day begins az midnight
and Is reckoned on the % hcu- system.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-08
BOAT OWNERS
HOLDING BACK
Declare Too Much Capitu-
lation to Labor; Backbone
of Strike Broken.

New York. March S.-With the back
bone Of the harbor strike broken,
through the agreement Of the en-
ployes OF the railroad boats TO return
TO work Immediately, efforts were
made today by James /. Hughes. a
concIIiator Of the federal department
Of labor. 10 induce the private boat
owners to agree 20 the terms granted
yesterday by the railroad administra-
ton These terms include che grant
ing OF an eight hour day and wage
Increases amounting to more than 80
percent in some cases.
Boat owners Won't Yield.
The New York BoaroWuers' associa-
ton. operating go percent OF the har-
boz craft viii not yield to the demand
ot the unions. Joseph IT. Moran. one
OF its influential members. declared
today.
I'VE are now I'm the midst Of what
is known as government by clpiJula-
ton " said Moran. declaring that the
president had led the great surren-
GER Dy ceptauce of the Adamson
law. establishing the eight hour day
on railroads, and that former director
-tae- al AcAdOO had followed with an
order adding "a cool billion dollars TO
the operating expenses OF the coun-
try's transportation lines"
The sun., 1919-07-06
BOARD WARNS THAT
PRICES MAY RISE
Federal Reserve Bulletin Says
Also Greater Shortage May
Take Place.

WARRINGTON, July lin warning
that still higher prices and a greater
shortage of supply may be expected
In the United States II foreign pur-
chases be permitted to continue on the
basis of the last few years. the Fed
eral Reserve Board in Its July bulletin
declares that the war period In expor-
tation has come to an end and that it
is the duty OF the investing public to
finance shipments needed by Europe.
There is shortage Of many essen
tial materials and commodities in the
world at large" the board says, in
creased credit demand for goods for
export ecessarily implies relatively de-
creased supply OF goods for domestic
use. Demand and supply are auto
matically equalized by changes in price.
but such changes are In the circum-
stances here under consideration neces-
sarily upward. II large export fnanc-
ing process is conducted by banks out
of credit the result Is to place the
fluid credit of the country at the dis
posal of foreigners in purchasing and
settling for domestic products which
they obtain from American producers"
Such an addition to credits not based
OH ESHulic SdN hlbS, lIo DcdTu
out, would mean imitation. implying an
| increa sed tendency toward tie bidding up
| of prices. In order to avoid the re-
| currence OF such n menace the board
| recommends that the basis for exports
! should be found in the investment mar
| ket, that Is in the savings OF the people
| and not at the banks.
THE amount of export trade securi-
| ties TO be held by banks must necessar-
| lily be limited to a minimum figure" the
| board asserts.
Requirements OF export financing
probably have been overestimated. the
board says, and adds that some part
| OF the export demand would disappear
probably when actual commercial secur-
lily would be required for protection OF
shipments
| at is quite probable" the board re-
marks. that. rs European countries sue,
coed In reestablishinz themselves, theiI
| recovery toward self-supporting basi:
| will be much more rapid than has beer
| expected. Far more time Is required fol
the expenditure OF great sums in Tho
| purchase of goods than is generally com
| pretended. Expenditures to be made fol-
peace. purposes or for reconstruction will
require care and patience IL they are e
| yield returns under competitive business
conditions. They cannot be overha Silly
made. and this will in itself ease tht
| urgency OF the pressure for expor
| financing. When all these elements hav,
been eliminated there will remain n very
| great residue Of urgent industrial re
qulrements abroad, and these II Is eco
nomically and otherwise sound and de
sirable to finance as promptly and ef
fectively as possible that foreign demand
| for our goods may be maintained. ouI
markets conserved and our general posi-
| ton in world trade protected"
The sun., 1919-07-06
COTTON GOODS REVIEW.
Trading Is Quiet. Due to Difficulty
in Obtaining stock.

Trading In cotton goods was relatively
quiet during this week. attributed large
ly TO the difficulty OF obta lining all OF
the goods called for. Prices continued
TO advance and sales were made for
delivery TO the end Of the year. In
some houses sales have begun for the
spring season in wash goods, white
goods and other seasonable merchandise.
The staple ready TO wear business Is
larger than factories can handle for
immediate delivery.
Bleached goods have undergone
further upward revision Print cloths
are a cent a yard higher on some num-
bers. Prints and percales were ad-
vanced, Advance orders on spring dress
ginghams have exceeded allotments OF
production that mills will be able To
guarantee.
Retailers ard Jobbers are buying
steadily and are finding deliveries slow
and spot goods hard TO locate. EN-
porters state that they have never
known so many buyers from foreign
countries to be in the market at one
time. and the difficulty lies In locating
merchandise rather than In making
satisfactory prices The production Is
not coming up to expectations. owing to
the shorter working day and inef1cicncy
OF many operatives, which Is leading
manufacturers and merchants TO predict
still higher values.
Prices quoted are as follows: Print
cloths % inch 64X64c. 11l4 cents; 64x
COS, 11A cents; 3sha inch 64x64s. IS
cents; brown sheetings. Southern stand
ards. % cents: denims, 22Os, 35H
cents; tcklngs. s ounces, 35 cents
prints 1917 cents; staple ginghams 81
cents; dress glnghams. % and 2714
centA
The sun., 1919-07-06
u. S. LIFTS BAN ON
EXPORTS OF SILVER
Glass Issues Statement to
Clear Situation.
Special Despatch to The Son.


WASHINGTON. July b.--Secretary OF
the Treasury Glass to-day issued a
formal statement clearing up any mis-
understanding as TO American check on
British silver prices as result OF op-
erations under tho Pittman act The
Secretary made II clear that the state
mont that this country had bound the
British against payment Of more than
a dollar an ounce for silver was III
error.
All restrictions laid by the United
States on silver prices and exports have
been lifted. During the war on August
Is, 1918, the Treasury announced that
II had been made condition OF tho
sale of silver under the Pittman act
that the purchasers Of such bullion
should not pay a higher price for silver
in other markets than In those of tho
United States and the Federal Reserve
Board at the same time announced that
thereafter export licenses for silver
would be granted only for civil or mill
tary purposes Of Importance In connec-
ton with the prosecution OF the war
and only in cases where the silver to
be exported had been purchased at a
price which did not directly or indi-
rectly exceed s1,o1h per ounce one
thousand fine.
The arrangement with the British Gov
eminent did In fact contain the limita-
ton quoted, but this was subject to
waiver by the Secretary Of the Treasury
from time to time and was waived on
August IL, 1918, to the extent OF per-
hitting purchases by the British Gov
eminent at price not exceeding
s1.01a per fine ounce.
Subsequently, on May 8, 1919. an
nouncement was made by the Federal
The sun., 1919-07-06
CHARGE FOR HOLDING GRAIN.
VIII he 81 u Car Unless Disposal
Orders Sent ms Required,

WASHINGTON, July 1.-The Interstate
Commerce Commission to-day approved
n charge of 81 a car for holding grain
and seed sent out for inspection when
disposition orders be not furnished be-
fore p. NJ. of the day inspection is
mado. AS neither Federal nor State
laws require inspection OF hay or straw.
the commission approved fiat charge of
81 car without Limitation of time when
hay or straw be held for inspection.
Service performed in setting out such
cars may not be made the basis of an
extra charge. and no charge will be per-
MISSILE when cars be inspected on
terminal elevator tracks or while held In
yards for the carriers convenience.
The sun., 1919-07-06
FEDERAL RESERVE
BANK STATEMENT
Borrowings of Member Banks
Gain and Large Note Issue
Is Shown.
MORE GOLD WITHDRAWN
Reserves of Gold Have Dropped
S72,9OO,OOO Since Embargo
Was Removed.
MORE GOLD WITHDRAWN
Special Despatch TO The Sun.


WASHINGTON, July 5.-Friday being
q national holiday. the Federal Reserve
Bank statement was Issued as of the
close of business on Thursday. The
statement indicates increased borrow
lngs by member banks and large issues
of Federal Reserve notes and further
gold Withdrawals.
Gold reserves show a decline Of
s1s,Soo, 900 for the week and OF s72,-
900 900 since June G, the Friday pre-
ceding the removal of the gold en-
barge.
An increase Of s59,2oo,000 Is shown
for war paper on hand while other dis
counts went up s17.soo,o00 and accept
ances $26,10O. 900. Against a total In
crease of s103,100,ooO In bill holdings,
the banks report liquidation OF about
100000 Of Treasury certificates, their
total earning assets thus showing an
increase Of more than s99,ooo.o00. Con-
trasted to that large increase in total
Investments, interbank borrowings un-
derwent substantial liquidation. the
amount Of war paper held uHder dis
count for other Federal Reserve banks
showing a reduction from s122.600. 900
to about SIS. 900, 900 while the holdings
Of acceptances purchased from other
Federal Reserve banks decreased more
than 100000
Government. deposits increased $62,-
700 900. reserve deposits declined S25,-
100000. while the float carried by the
reserve banks went up to $4,000, 900
| Other deposits. including foreign Gov.
eminent credits. show an increase OF
moro than $l3.0oo,0 900, with the result
that net deposits work out s21 100000
larger than IN the week Just before Fed
eral reserve notes in circulation exceed
by S53.200,000. the previous weeks to.
tai OF New York. Boston. Chicago and
| San Francisco accounting for most OF
the increase. while total cash reserves
declined s20,9o0,0o0. The banks reserve
ratio shows a decline from 52.1 to sos
, per cent.
Following the payment Of the regular
semi-annual dividend the banks were
able TO increase their surplus by S31..
500. 900 besides retaining 10 per cent
Of their net profits, or $500. 900 in prof
and less account. Their surplus amounts
70 nearly 100 per cent OF their paid In
| capital
The following table shows the condi
ton of the banks in the system at the
close Of business on Thursday night:
RESOJTRCEs
The sun., 1919-07-06
Aetna Explosives Meeting.

A meeting of stockholders OF the
Aetna Explosives Company, Inc. will be
held on July 10. at which they will be
asked to ratify the plan OF readjustment
agreed 10 by all large holders of the
companys bonds and preferred and COM
mon stocks and which has been approved
by Judge Mayer as well as by its re-
ceiyers
The sun., 1919-07-06
London Money Market.

LONDON, July Bar silver. SO 9-I6d
an ounce; money. ~ per cent dis
count rates; short bills, ga per cent. !;
three months bills, 3% per cent,
The sun., 1919-07-06
Liyerp.ol Cotton statistics.

LIVERPOOL, July 5.-Followlng are the
weekly cotton statistics: Total sales, all
kinds. $4,000 bales; total sales. Amer
lean, 294, 900 bales.
The sun., 1919-07-06
London Wool Holds Steady.

LONDON. July 5.-The wool autions
sales finished steady. with sales OF $3.50
bales. Best merino crossbreds sold 8
per cent higher, while others were TO
10 per cent lower,
The sun., 1919-07-06
THE STOCK MARKET.

Owing to the holiday yesterday the
New York Stock Exchange was closed.
For the convenience of readers Thurs
days closing bid and asked prices are
reprinted
The sun., 1919-07-06
ComptroIIer's Call for June 30.

WASHINGTON, July 5.-The Comptrol-
Ter OF the Currency to-day Issued a
call for the condition of all national
day, Juno 80.
The sun., 1919-07-06
ELECTIONS AND MEETINGS.
KNOX HAT COMPANY. INCORPORATED
Notice of Special Meeting Of Stockholders

Notics is hereby given that special
meeting of the First Preferred. Second
Preferred and Common Stockholders of
Knox Hat Company, Incorporated. will be
held at the office OF the Company, No. asa
Fifth Avenue, In the Borough OF Manhat-
tan. City OF New York. on July II. 1919. at
II o'clock A. NJ, for the purpose (a) OF
considering and acting upon 4 proposal to
authorize an issue Of bonds Of the Com
pany OF such aggregate principal amount
not exceeding $1,000, 900 at any one time
outstanding, bearing interest at such rate
ar rates not exceeding 70 per annum, OF
such duration not exceeding twenty years,
redeemAble at such price or prices, en-
titled to such sinking fund. secured by
such frst mortgage, pledge or other en-
cumbrance on al! or such part OF the
property OF the Company. Issued under
such indenture. and otherwise OF such
tenor, all as the Board Of Directors OF
the Company shall determine; OBJ of
authorizing the sale disposition of
such bonds upon such terms and cond!-
lions the Board Of Directors OF the Com
pany shall determine, and Cc) OF transact
ing such further business as may properly
come before the meeting.
Transfer books OF the First Preferred.
Second Preferred and Common stock will
be closed from ~ 7. NJ. June ?s. 1919. to
10 A. NJ July Is, 1919.
FLETCHER II MONTGOMERY, Preside mt
BRAYTON WlTHERELI- Secretary.
Dated. June rs, 1913.
The sun., 1919-07-06
BRITISH MAY NOT
FREE IMPORTS YET
American Chamber Says Little
Change in Restrictions Is
Expected Before Fall.
DRAFTING TRADE POLICY
America, Says Report Must
Buy More Foreign Goods to
Pay for Imports.

LONDON, July SIN it's review Of
commercial and economic conditions In
Great Britain during June the American
Chamber Of Commerce in London says
that with the disbandment of the I'm
ports Consultative Council little change
may be expected In import restrictions
on American goods before September.
Sir Auckland Geddes. Minister of Re-
construction, tho report says. has in
formed Parliament that the Government
has draft of trade policy prepared
In every detail and covering all trades.
but It cannot yet be divulged. Sir Auck-
land claims. 1t Is added, that the policy
OF restricting imports IL justified be-
cause II protects British manufacturers
and supports sterling exchange, and,
therefore. he cannot guarantee that the
restrictions will be removed entirely
after September.
The drop in sterling exchange in New
York during juno, the chambers report
declareA Is considered here to be the
result Of the United States temporarily
Withdrawing financial support from the
market Recovery IL expected during
July.
1t Is increasingly certain. tho report
continues, that American exports to
Europe must suffer eventually unless
America by buying more foreign goods
and securities enables foreign countries
to pay for imports"
In discussing the shipping and coal
situation the chambers report says:
The Ministry of Shipping estimates
that because of strikes and the coal
shortage only 1000, 900 tons Of British
shipping will be launched in 1919 In
stead OF 100000 tons as anticipated
British ships carried only 1875 per cent.
OF United States exports in April COM
pared with 500 per cent in April, 1918.
Great Britain's surplus Of coal in 1919
for export Ia estimated officially at
20, 900, 900 tons. The pre-war surplus for
export was 1900, 900 tons. This COM
plicates Great Britain's ability TO pay
for imports. Strong opposition is de-
voloping in business circles and In
Parliament to naturalization. The
Government declares itself as not COM
mitted to any policy on coal and says
that II has virtually agreed to exclude
roads. docks and harbors from the trans
port BILL
The Ministry OF Food will continue
until next spring to control prices and
distribution until things be normal. The
ministries Of National Service and Re-
construction and of Shipping will be
dissolved shortly.
There Is a prospect, the report says
that fall and spring clothing will be
much dearer because of the removal OF
the control OF wool. although reestablish-
ment OF control Is being considered
The Government Is taking steps to give
financial assistance to the development
OF trade in South Russia and the Near
East.
The drought has caused a scarcity OF
hay and light crops OF oats and barley
the report continues, while tho failure
OF the mangold crop is not favorable fol-
normal milk supply next winter. Tn,
| oil well recently struck in Derbyshire. II
Is added, Is not important
The sun., 1919-07-06
FOR sALh

DIAMONDS bought. sold, for oAsn snIy by
Astaa bought. RESSrT'r lTS R'way UuatatrsA
The sun., 1919-07-06
AGENTS.

WORLD WAR HISTORY with pSGoa
terms complete; Woodrow Wilson, IAts
History; also Scutt's Negro War History;
three best books biggest sellers; HveBt
house; best terms; prompt shipments; ex-
press prepaid. OUTFITS free. PHILLjP95
PUBLISHING Co, Chicago-Atlanta-
The sun., 1919-07-06

In Greater New York, Not Included Tn Clnar-
ing House Statement. Figures Furnished
nv state Banking Department.
Loans. discounts, in
vestments, &C.. SSil, 20, 400 Inc. 6U3l no
Gold ................. Si7S, 700 Dec. go 800
Currency and bank
notes .........,..,,. N,ls9, so Inc. b65 900
Deposits with Fed
eral Reserve Bank
Of New York ...... 70224.700 Inc. l77?o0
Total deposits ,,,,. SSS7t5, 500 Inc. 1851, 900
Total deposits clint
mating anOunts due
from reserve depoS-
tories and from
other hanks and
trust compa MES In
New York city and
TT Q TIT Tn ~ga
The sun., 1919-07-06
wEsTcHEsr,cr REAL ESTATE.

WELL BUILT HOME. Is minutes waik
from railroad station, seven large rooms
tued bath, hardwood floors, electricity, hot
water heat; garage; present owner built
same for his home. Through change ot
business compelled 10 sell. Answer Larch-
mont, T. o. box sol.
The sun., 1919-07-06


wanted-High grade, responsible men to
represent US IN all parts of Canada and
United states In the sale of stock In
$4,000, 900 oil company, organized on per-
manent basis; stock now being sold to
develop holdings IA North Texas and Okla
homa oil ii=lds; lease holdings more than
200, 900 acres; 10000 acres Texas alone, re-
maluder Oklahoma, Kansas, Kentucky and
Tennessee; Is producing wells already COM
pIeted In Kentucky; now drilling in Texas
with big drilling campaign planned for
balance this year: operating department.
headed 10y former Standard man. who
knows the oil business through 30 ysars
experience; the officials OF company are
men OF integrity Who have tho ability ana
determination to build up big oil company
through persistent development OF its prop
critics; 70 men OF charac ter. who can nnancs
themselves and furnish good references
a 20 ability, We orer a connection worthy
OF their best efforts and an opportunity to
make up TO $500 monthly or more; this
Is a proposition YOU can afford to recon-
mend to your friends. Full infornatiop
promptly furnishes C. s., Box 400. 1853
Broadway, New York.
SALESMEN travelling Eastern and North
eastern states to carry side Inns Nation
ally Advertised specially Of proven meritst
liberal ommission and cooperetion-
WANT MFG co. Minneapolis. MINI
The sun., 1919-07-06

LEARN TO BE \ CHAUFFEUR-Pisas-
ant profitable work day and evening
classes Send for free booklet and pasH-
WEST SIDE Y. NJ. c A. SIS West 57th st.
The sun., 1919-07-06
SITUATIONS wANTEp-MALR.
TYPEwRITERs RENTED.

TUTOR--Exrerienced professor and tutsH
Any brRnch Of matchmaking D. las Sun
The sun., 1919-07-06
HELP wANTED-MALE.

Auto school Large. and bes. school In the
WEST SIDE u. 5. send for booklet and pass
IN. A toschcoi. Telephone Columbus
GlSW. eth 81. 7h2i. De "a clhsSes Tor tadiss
DISTRIBUTOR wanted in every town for
Speodoline; quart equals % gallons gaso-
line make $500 TO $500 per month Write
for particulars SPEEDOLINE CO.. DallaA
Texas.
The sun., 1919-07-06

FEDERAL RESERVE BANK STATEMENT
(At the close OF business July 3. lsl9.)
RESOURCES.
luna