davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-05
TORONTO CLOSING
COBALT.
PoRCUPINE.
ls..sd director of tn. Bethlehem Motors

elsseed a director OF the Bethlehem Motors
Company.
Ogden II. Freeman has returned from
service with the United States army in
France to the bond department OF j. NJ
Byrne a Co., members OF the New York
Stock Exchange.
Mack W. Beeks and II NJ Saddlemtre
have been admitted to the nrm OF Charles
Wesley a Co. as general partners
George C. Greene Will have charge Of
Frazier Co.'S trading department in
their office in SIS Broadway.
Anaconda Copper Company reports pro-
duction of copper for July OF il,l2s 900
pounds. against 25.4oO. 900 pounds for the
same period last year, decrease of IA
2Ts,0oO pounds.
woiveriae Copper Mining Company re-
ports for the year ended on June so pro-
net cost copper sold ssss,sss. leaving
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-05

proft OF 3i,1ss, and adding interest of
1850 received. made total profits for the
year slo.S54.
Phelps-Dodge Company reports produc-
ton OF copper for July amounting TO
s,15b,o75 pounds, against ls.733O7l pounds
for the same period OF ielS
Charles w, Stiger has been elected n
director OF the Continental Candy Com
pany,
Director-General Hines has signed the
Delaware, backawanna and Western Rail-
road contract nxlns its annual compensa-
tion at tl5,74s.4H.
Seward Prosser. president of the Bank
ers Trust Company, has returned TO his
desk from a months vacation spent at
Woods Hole
A. F. Ingold and W. r. Higgins have
formed copartnership 20 trade I'm bonds
and stocks under the Arm name OF Alfred
y. lnEoid q Cos with OFFICES In u Broad
wax
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-05
OUT OF TOWN MARKETS.
PHILADELPHIA.

$4,000 Elec a PEG TT Is. 6S 50 6s 6sh
1000 Interstate Rye Is. 10 40 40 10
5000 Lake sup inc 5s... 60 IS IS IS
1000 Leh Val gen IS 20 "A "a "A :.
1000 Ieh Val g. rs. .l0t& 1Ol% 1913 lOlZ
1000 Phila Elec LIST IS e5. 1854 e5A e5&
1000 Reading gen SIS 81 50 50
1000 Span Am Iron IS. .lo2 102 102 100
100 United Rys Inv IS rs IS rs 10
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-05
METAL MARKET.
OLD METALS.

Dealers buying prices are as follows:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-05
Local, s2.s0c, New Orleans, $3.50
COTTON STATISTICS.
.PennsyIvania Crude OIL Market.

on CITY, Aug. 4.-Credits balances,
81 Runs. s&.4a7 barrels; average. ss.-
AIS. Shipments. aA7slA average. 1s.sle,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
American Woolen

Extraordinary strength in American
Wooden common stock, which rose
more than 6 points to 1864. was at
tributed to two influences One was
the expectation of large extra divi-
dend early in the year and prospects
of the declaration Of q stock dividend
in the event the Supreme Court rules
that such disbursements in stocks are
The other was the cir
cumstantial report that leading New
York capitalist, identified with several
large corporations in various lines Of
industry, recently completed q careful
investigation of American WOODEN and
was so impressed by his findings that
he has since been quietly picking up
the common stock Wall Street esti-
mates have put the asset value of the
common stock around $500 a share.
The examination Of the properties
made by the capitalist is said to have
indicated a book value of approx
mately $3.50 share. The floating sup
ply of American Wooden common has
always been rather small, since the
total outstanding junior stock amounts
to only 100000 shares. OF which a CON
siderable block is held by interests in
control Of the company This makes
!. rather easy of manipulation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
The Investment Situation

he Fulton Trust Company has some
pertinent things to say of the invest
ment situation as the end of the wear
approaches: at is hard to write any
thing in the nature of prophecy con-
corning the bond market or investments
generally. Relatively speaking. prices
are low. A great number OF new issues
have tended to enhance the demand for
money at the higher rates at which
they have been issued, and they have,
through the absorption Of investment
money, established for the tme being
higher rate. The miXup in the rail
road situation has also affected the
price OF railroad securities and has
driven some people TO industrials. Rail
road securities have deprecated. while
some lndustrials, especially where the
stocks have been increased. have ad-
vanced. 1t does not seem 10 US that
there is any reason to feel that railroad
stocks have been superseded. as we
know of no way Of doing transportation
business OF land, at the present time.
except on railroads. Flying machines
are not likely IN the time of the present
generation 10 transport freight. nor can
autom obiles. apparently, handle it, A
visit TO the freight and switch yards of
any trunk line would quickly convince
any one OF this fact. We believe some
switching of investments is being
made; but in time this will likely be
abated. Government bonds seem TO US
to be very cheap. and in time we take
1t that the supply Will be absorbed and
then prices will be likely to advance.
Considerable money must have gone
into real eState'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Prices Irregular
In Active Session
On Stock Exchange
Motor and Copper Shares
Show Strength, but Rails
Decline; Liberty Bonds
Advance OH Big Demand

Yesterdays market was unusually
active for Saturday, the turnover in
the two hours being in excess of total
transactions in many recent five-hour
sessions. Prices moved irregulary, but
the tone, az whole, was strong, and
many active industrial issues closed
above Fridays finish quotations, in
spite Of active profit taking The rail
road group was less in favor, and under
light pressure prices eascd off little.
Losses were not sufficient to offset the
gains made during the preceding day.
Interest shifted largely to the motor
shares. most of which advanced sub
stantially. Strength of these issues
was attributed largely to pool opera
tons. but brokers reported that short
covering was of conside rable proper
tons, while purchases for speculative
long account also played n part. 1t is
stated that the motors were oversold
during the recent decline, and the ease
with which they were moved up yester-
day seemed to bear out this view.
Copper stocks were strong, as rule,
Inspiration being exceptionally 50. The
consensus Of opinion in the Street is
that when the copper stocks scraped
bottom recently they had pretty we'll
discounted all unfavorable develop
mcnts, of which the adverse foreign
credit situation is the most important.
Tho demand for the metal has been
growing of late, and prices are tending
higher There is not much expectation
Of real boom in copper. however, until
the export demand expands very con-
siderably. 1t is not impossible that the
leading producers will undertake to
finance sales abroad thu ough the me-
dunn of a company formed under the
provisions Of the Edge law.
The bond market continued very
active. with Liberties in especial de-
mand at advancing prices. The Liberty
issues offer an unusually attractive
yield for government bonds. and this
has attracted some speculative ms we'll
as investment buying. Purchases by
those who had sold to establish losses
for income tax purposes were factor.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
BYRON HnIt,S View

Byron Holt, Of Goodbody & Co. be-
lleves there are several Influences at
work now that viii be materially
modified after December n. thus:
First. because of the big profits that
have been made this year. the holders
of many high priced industrials cannot
sell without having to pay from so to
10 per cent Of their profits to the gov
eminent. 1t viii be possible to sell
and to take moderate profits after
January i. Second, for the same rea-
son that the rich holders have held
the high priced industrials they have
soid the ow-priced stocks. largely rails
and utilities. on which they could take
big losses. This selling has been ex-
tensive and is responsible for much
OF the recent heavy declines in the
price of these securities 1t will surely
let up after if not before. Janu-
airy |. Third. the rich holders OF
investment bonds and stocks have also
been selling those. tho incomes Of
which are subject to income taxes and
putting their money into Federal,
state and municipal bonds, tho incomes
o. winch arc not taxable. This
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Irving National Bank to
Have a House Warming"

The Irving National Bank and the
Irving Trust Company will be hosts at
an old fashioned "house warming" and
reception in their Offices in the Wool
worth Building on Tuesday afternoon
at 3 o'clock. From that time all books
VIII be closed and business halted, and
the officers and STATS Of the two institu-
tons will welcome their customers.
stockholders and business associates
until 6 o'clock in the evening.
Altogether $4,000 invitations have
been sent to depcsitors, customers and
business and professional associates
in and about New York City Lewis
E. Person, chairman of the board of
directors; Eollin F. Grant. vice-c chair
man, and n. f. Ward. president of the
Irving National; Alexander r. Gilbert,
chairman; John II. Love, vice chairman
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
The Dollar in Foreign Exchange

Changes in rates in the foreign ex-
change market were unimportant dur
ing the last week. They remained
virtually stabilized at the present level,
which is substantially higher than that
reached fortnight ago, when new low
records were established.
The signing Of the Edge bin by
President Wilson was the outstanding
event of the week in the European
credit situation. international bankers
expressed the opinion that whereas
i"' all FJ pro a@ M?" u Sq large Ss
enough to meet the extraordinary stu
alton.
Although the sales Of raw materials
to Europe are continuing large. as the
statistics for November of the Depart
manufactured goods are not looking
forward with much confidence on
the prospects for European business.
George A. CASTOR, president of Castor,
Williams & Wgmorc. yesterday said
that his company is making its chief
sales in the Far East, with which the
balance of trade is against the United
States. Moreover, his company is, for
example, buying the entire output of
four automobile factories in France,
getting advantage of low exchange
rates. aud selling the cars in England.
where the demand is outrunning the
domestic supply.
Until the present Generalization Of
exchange is corrected. the company is
striving to sell for the most part
where exchange is at a premium, as
in the Far East. and buying where it
is at a discount. as in France. at is
no use trying to go against stream"
Mr. CASTOR remarked, in explaining the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Industrial Maturities Next Year

Securities of American corporations
falling due next year will aggregate
$210,50S.82o. This. according to the
compilation of Dow, Jones & Co., will
compare with industrial maturities
during the current year Of S2S9. 255 POO
and $lSi 07O.753 in 1918. During 1919
the industrial securities called for pay
ment in advance OF maturity in 1920
amounted to S30,897 600 The large
maturities next year will fall in July.
when s34, 500 viii be due for pay
ment. In that month the General
Electric Company viii have an issue of
Sl5.0000 600 6 per cent three-year notes
falling due. while the Bethlehem Steel
Corporation will have maturity Of
$ 100000 per cent notes. On Fcbru-
airy will mature $4,000 900 one-year
6s of the Westinghouse Electric and
Manufacturing Company. The list OF
l"2o maturitles contains an unusually
large amount Of short term notes, which
were put out as a temporary expe-
dlent during the TRYING period of the
war, when it was difficult to float long
term Securities
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Propose Extension
OF Railroad Notes

The Carolina. Clinchheld Ohio
Railway has proposed to holders of rs
$6.0o0.0o0 Elkhorn first mortgage per
cent gold notes, due January /, the ex-
tension of the notes for two years at
interest increased 20 6 per cent. the
holders also to be paid in consideration
of the extension 500 bonus for each
$1,000 notes
The company estimates net incons,
after charges and taxes Will be Sl.577.
o46 in 1919 and Sl,224 600 in 1920. the
latter estimate being based upon the
expectation OF normal increase in
business and constructive aid to rail
roads contemplated in the pending Con
gressional legislation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

The newly organized Locomobils
company, which has taken over the
Locomoblle of America, has issued =
oalahcc sheet as of june 80 last. which
SHOWS total current assets OF $5.495.5s5
and current liabilities Of 81 1866, 80.
leavlng net working capital Of slightly
more than $1,000. 0Oo. Cash holdings
amounted to S522 .ls7.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
New jersey Banks PROSPER

TRENTON. \. j.. Dec. 27.-New Jer-
sey banks showed a general prosperity
at the close of. business on November
H. ACCORDING to statement issued to-
day by Frank II. Smith. State Commits
sioner of Banking and Insurance. The
resources were s777,3l6, 5000, an in
crease of s1l ,4o2, 1928 over the pre-
vious statement of September II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

REIMBURSEMENT to new tax conditions
VIII undoubtedly continue after JAM
airy |. but probably at decreasing rate
OF speed. Fourth. none. rates usually
work lower after the end of the year
Mr.. Holt adds that there will be BIZ
bull market in industrlals in the nesf
future because of the avowed attitude
OF the Federal Reserve authorities TO-
ward speculative activity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Dividends
Garfield National Bnnl,
Extras

Garfield National Jsnnl>-An extra diFi
dend OF per cent has ban declared. In
addition to the regular quarterly iividena
OF : per cent. both payable December -
So stoc hholders Of record Deem Der -
American Screw Company.-Es di'i
denh OF = per cont has been declared ~
audition 70 the regular quarterly dlNloeno
OF = per cent. both payable January -
siocknoidcr< OF record peceM Der "a. -.
Gothtm National Rank. An extra ditl-
urnd or : per cont in addition to the fst
u'ar quarterly disbursement OF : per CEN
b"tn payable January 70 stock holders o.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

John J. Dempsey. formedly vica.pres,-
dent OF th- brooklyn RI pld Transit com.
pany. IS to be superintendent OF plant
asphalt industry now being established at
pongherty Okla. by the Continents
Asphalt and Petroleum Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

and Frederic G. Lee, president of the
Irving Trust, with other executives of
the two institutions, will receive the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Money and Credit

Some improvement was shown in the
reserve position of the Clearing House
INKS last week, the statement of the
Clearing House Association yesterday
disclosing cash surplus over the legal
r7quirements of $500, $40. This com
AIRED with deficit for the week ended
December 20 Of slightly more than S12,
1o,000 On the other hand, loans and
Il counts increased during the week
SO 900 to a total of S5.197 4S4 900.
Cash in the vaults Of the Federal Re-
scrvc member banks amounted 10 S113,
92S.000, gain of $6,895,000, while the
ncreased S11 ,671 900 to 1923 3S2 900.
Net demand deposits were S4,057, l6A-
600. a decrease of $64,328 ,OO0.
The tendency of the member banks
20 reduce their borrowings on govern
mcnt war obligations at the Federal
Reserve Bank was temporarily discon
tinucd last week. and loans on that col
lateral at the end of the week stood at
1884 ,588 ,O18, an increase of $50 553, 1875
over the week ended December 10.
Borrowings on commercial paper also
increased. bringing the total at the
close Of business on Friday up $685.
GG5 500 from $l43, 536, 563. In the same
neriod the Reserve Banks holdings OF
Bills bought in the open market was in
creased from $179,3S2,274 up to $19l,-
sos. Total bills on hand were $979-
,.e6.093. an increase during the week of
SiAl ,553 ,423. The percentage of the
banks cash resources to its net de-
posts and circulation at the end Of the
week was 1873, compared with 44.6 at
the end Of the week, December 19.
Bank Clearings Bank clearines yes
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Chesapeake & Ohio

November gross s.. S54 GO Decs eog.fs
Deficit after taxes. 4oo.324 Inc. 2.573.2O7
Net oper. deficit. 4ol.i,5 Inc. 2.oOo.oos
Eleven mos. gross -65.7sa,3Ss Dec. 1888
Bal after taxes. 1.3Q9.4Se DEC. sss4nll
Net oper. income. s,le7.42s Dec. 7.1s3..ls
Southern Railway
November gross. l.1ts.1ss Inc $67a.523
BAL after taxes. 't0.7H Dec. Sl7.o7s
Net oper income. as5.9sl inc 5e.57s
Eleven mos grosslts o3c Inc. lose. os
hai. after taxes. Io.o2o,s5s Decls.s2s.5 as
Net oper. Income s,2j5,ii4 Dec1s, 26G, $50
Wabash Railroad
November sross~. *4al2,5as Inc. .4l.s2s
Bal after taxes. 1os.o9o Dec. 4eo1e2
~ oper deficit. lss.24s Inc. $40. 6s7
Eleven mos gross.4+..24.a14 Inc as5.4s4
Bal after taxes oae4.sT7 Dec 3147nts
Net income ..-,,, 747,075 Dec 34a14s:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
In Wall Street
u. s. steel,s Oil Properties

Wall Streets stock market following
in hunting around during recent months
for new speculative possibilities in oil
shares has apparently overlooked a
good bet in United States Steel com
mon Few people realize that the cor
poraton, through one of its subsd-
larics, is actually in the oil producing
game, and has been for many years.
The Carnegie Natural Gas Company
has in Pennsylvania and West Virginia
extensive natural gas and oil territory,
either owning or having under lease
189,443 acres. 1t owns 920 miles Of
pipe lines, eight gas COMPRISING sta
tions, three gasoline plants, 1913 active
gas wells and 112 active oil wells, and
is going ahead with new development
work in West Virginia. Extensive nat
ural gas and oil territory and pipe lines
in Pennsylvania are controlled by a
subsidiary company Of the American
Sheet and Tin Plate Company. During
1913 the gas and oil properties operated
by the several subsidiary companies
produced an aggregate of 24,957 ,081 900
cubic feet of natural gas, practically
all for consumption by tie manufacture
ing plants of the corporations; 1926
barrels Of crude oil and oS5 ,948 gallons
of gasoline.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
''What Do You Think Of the Market

A telephone clerk on the Stock Ex-
change: "The strength Of the market
seems too good to be true. don't be-
licve it can last through next week
in view of the heavy demands to be
made upon the money market. Copper
stocks act we'll"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Transactions Yesterday i'm Listed Stocks


Copyright, 1919. Now York Tribune Incl
Stocks
Mohave County miner and our mineral wealth., 1919-02-08
NOTICE OF SPECIAL MEETING o1 STOCKHOLDERS OF THE NEW coMsTocK MINING
 COMPANY.

NOTICE IS HEREBY GIVEN, that, in pursuance to the Resolution and Order of the Board of Directors of the New Comstock Mining Company, organized and existing under the laws of the state or Arizona unanimously adopted at a regular meeting of the said Board, duly held on the 24th day of January, 1919, at the office of said corporation, to-wit: No. 40 Montgomery Street, in the City land County of San Francisco, State of California, a Special Meeting of the Stockholders of said corpora tion is hereby called for and will be held at the principal place of business of said corporation, to-wit: at the office of "The Miner" at the City of Kingman. County of Mohave, State of Arizona, on Monday, the 10th day of March, 1919, at 10 o'clock A. M., for the purpose of amending the Articles of Incorporation of the Company, so that it will read as follows:
 "The authorized amount of capital stock of this corporation shall be $2,Q00,000, divided into 100000 shares of the par value of sA00 each"
 and for the further purpose of transact ing any other lawful business of rhe Company, which may be presented to the said meeting.
 CHARLES SUTRO,
 President.
 SIDNEY L. SCHWARTZ,
 Secretary. (First insertion Feb. 1. Last inser-
Mohave County miner and our mineral wealth., 1919-02-08
NOTICE OF NoN-LIABnITY FOE LABOR OF MATERIALS FU1-
 WISHED

NOTICE IS HEREBY GIVEN to all persons that the undersigned, A. c. Lake, is the owner of that certain mine or mining claim, hereinafter described, with all improvements thereon. That said mine is now in possession of and Is be- ing worked and operated by A C.. Good will, pursuant to an agreement with op- tion to purchase, made and executed by the undersigned in favor of said A. e. Goodwill, dated November 18th, 1918; said agreement and option to be In force up to and including the 18th day of May 12, 1920.
 The undersigned is not working or operating said mine or mining claim. or any part thereof, and does not intend to work or operate said mine or mining claim, or any part thereof, or purchase any supplies or materials therefor, dur ing the life of said agreement and op- tion with said A. c. Goodwill
 The name of said mine or mining claim is the FOUNTAIN HEAD patented mine situate in Wallapai mining district, M Mohave County, State of Arizona, patent from the United States for which is of record in the office. of the Recorder of Mohave County, State of Arizona, in Book 6 of Deeds, Page 524, to which reference is hereby made for more par ticular description.
 IN WITNESS WHEREOF, the said A. c. Lake has hereunto set his hand this twenty-firSt day of October, 1918.
 A. c. LAKE.
Mohave County miner and our mineral wealth., 1919-02-08
NOTICE OF FORFEITURE
| AS' ANi S'i'ioiiSi.
 First Insertion, Jan II, 1919. Last Insertion, Feb, s, 1919.

Jerome. Arizona, Dec. 9th, 1918. TO MRS F. F. BELLIES,
 Rersidence unknown.
 You are hereby notified that I have expended One Hundred dollars in labor Group, RED BIRD No. ?, Red Bird No. 3, Red Bird No. 4, Red Bird No. 5, Red Bird No. 6, Red Bird No z. Red Bird No. 8, Mining Claims, that is to say, One hundred upon each of the eight above named Claims. making total of Eight hundred dollars, for the year 1917, said claims being situate in Mohave County, State of Arizona, and recorded in Book T. T. of Mines, pages 757 to pages 764 inclusixe. in the office of the County Re corder1of Mohave County, Arizona. In order to hold said claims under the pro- visions of Section 2324 of the revised Statutes of the United States, and the amendments thereto, concerning labor made annually thereon. the above named amount required to hold said claims as provided by law. And if within ninety days after the personal service of this notice, or ninety days after the publica- tion thereof, you fail or refuse to con- tribute your proportion of such expendi- ture as a co-owner, which amounts to Four hundred dollars, your interest in said claims will become the property of the subscriber, your co-owner who has made the required expenditure, by the terms of said section.
 J. URRUTY.
 (First publication Dec. IA. Last pub. lication Mar. 15.)