davidaulloa/AmericanStories huggingface dataset:
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1919-10-10

Properly to the value Of $3.50. O0O,-
600 is destroyed in the United King
dom every year by rats,
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1919-10-10

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ould aat III fast. ] became
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mont at
New-York tribune., 1919-04-14

OTHER BONDS
900 Inter-Met As ..... s2I. s2H sgt.
New-York tribune., 1919-04-14
Trade Council May
Meet i'm Mexico City
CarranZa Will lnvite l.. :. Ex.
portcrs to Hold 1920 Com
ven,iOn ai Capital

MEXICO CITY Saturday., April II
(By The Associated Press) - Members
of the delegation sent to this city BY
the Mississippi Valley Association
were received to-day by President Car
rama and later held a conference with
heads OF government departments and
representatives of banking, commercial!
and manufacturing interests.
The stay Of the visitors must be
shortened because Of the necessity Of
the mission making its report at a
meeting of the association, to be held
in Chicago on April. % and 23. 1t is
expected that at that time an invita-
tion from President Carranza will be
read. inviting the National Foreign
Trade Council to hold its 1920 meet
ings here.
1t is the consensus Of opinion of the
mission that Mexico holds forth great
opportunities for development. Robert
Mckay, OF the Fort Dearborn Bank
Chicago, chairman of the delegation
and Harry Carver, Of the Chicago AS
sociaton of Commerce, secretary, de-
clared to-day that their visit here had
revolutionizcd all their preconccived
ideas regarding Mexico, and that the
republic offered great promise for
American trade.
New-York tribune., 1919-04-14
St. Paul Directors
Hope for Better Times
Net Income for 1913 Amounted
to S6,24l,5O9; Compen-
sation Held Up

The gross income of the Chicago
Milwaukee & St. Paul Railroad in 1915
amounted to s3o,249,O11, according to
the annual report of the road. Of
this amount, $27946.771 constituted
compensation received from the United
States Railroad Administration
After all deductions the net cor
porate income totaled S6,241.5O9
"While the amount of the compensa-
ton to be paid the company under the
terms Of the agreement with the Di-
rector General is $27 7,946,771 Exclusive
of extra ompensation), only a small
part of this amount, viz, $6,275 900,
was paid by the United States. Rail
road Administration to the company
during 1918" r. NJ. Calkins, the prcsi-
dent, says. Loans amounting to S13,-
857 900 were made from the Railroad
Administration, War Finance Corpora
ton and New York banks.
"While your board is hopeful of bet
ter conditions, and more favorable re-
suits for the year 1919, the complica-
tions and uncertainties of the railroad
situation in general render it impos-
sble to make definite forecast at this
time.
Meanwhile, the president further
commented, "the property of the COM
pany is being we'll maintained and with
the, return of normal conditions it is
confidently expected that more favor
able results will follow"
New-York tribune., 1919-04-14
Hudson Tubes Need Funds
Company Asks Permission to
Issue Bonds

The Hudson & Manhattan Railroad
Company, owner Of the Hudson tubes,
has applied to the Public Service Com
mission for an order to permit the COM
pany to issue 81 l,05400O of per cent
bonds Under the company's first lien
and refunding mortgage.
The company states that the princi-
pal will be used for the reimbursement
of its treasury for expenditures made
for additions and bctterments to it's
property, and in part for paying obliga-
tions incurred by the company for the
purchase of rolling stock.
=, The application, which is signed by
Wilbur c. Fisk, president. states that
OF the whole amount applied for S3OS.-
500 face value is on account of cx
penditures for bctterments and in
provcments amounting to S246,S0o.
ne larger amount is needed to cover
this sum- because the bonds will be
sold at so. OF the sum remaining.
under the application-n namely, S745,
600, face value is on account Of cX
penditures amounting to S1SS,5 500 for
retiring underlying mortgages and
94oo'ooo tor payments for rolling stock.
New-York tribune., 1919-04-14
National Banks
Show Huge Growth
During War Period
r. e sources S3O5, 900, 900
Greater Than Ever Be-
fore Reported, the Con-
troller's Survey Reveals

WASHINGTON, April 13.-The re-
turns just compiled by the Controller
of the Currency show that resources of
the national banks on March 4, 1919,
amounted to $20,017, ,0O0,0 900. These re-
sources excepting New York City,
which showed reduction), exceed by
S305O00,000 the greatest resources ever
before reported.
The records show that since March 5,
$1,000 100000 Of Liberty bonds sold in
this period. Meanwhile, the resources
1917, there have been placed through
the national banks of the country about
of the banks increased $4,038 900 600
and their deposits S2,342 .O0O0
Deposits March 4. 1919. aggregated
S15,299, ,807 900, an increase of $S61.-
100000 compared with March 4,
1913, and an increase of $2,342 100000
over March 5, 1917. The increase in
deposits compared with December 81,
1918, in the whole country, outside of
New York City was $287, 7,293,O 900. The
reduction in New York City was $41O,-
100000. The increase in deposits
throughout the country since De-
cember 81, 1919, has taken Place main
~ in the country banks.
Loans and discounts, March a, 1919
amounted to $9,69l 100000, an increase
of $552,0O0,000 compared with March
4, 1913. an increase of $97S,0OO, 900
duction of $227 100000 compared with
December 81, 1918. The percentage of
loans and discounts to deposits oN
March 4, 1919, was 63,35 per cent:
March i, 1918, 63.30 per cent; March
5 1917. 67.25 per cent.
Bills payable and rcdiscounts on March
4, 1919, amounted to $1,451 100000,
an Increase OF $19i000,000 compared
with March 4, 1913, and Of $780,
100000. compared with March 5,
1917, due principally to money bor-
certificates of Indebtedness and Lib
nrty bonds. OF the Sl,451 100000 of
bills payable and rcdiscounts shown
March a, 1919, $1,014,OOO,0OO was
represented by bills payable with the
Federal Reserve banks and $4S,O0O, 900 |
by bills payable with others than Fed
aral Reserve banks, leaving balance
of $3.50 100000 of rediscounts, includ-
ing those with Federal Reserve banks.
United States bonds. including Lib
arty bonds and United States certif-
Gates of Indebtedness held March a,
1919, amounted to S3,6S1 600, 900
This is an increase of $1,560, 100000 |
over March 4, 1918, and an in
crease of $2,967 100000 over March
), 1917. Of the government bonds
and certificates of Indebtedness held |
March 4, 1919, approximately $780,
100000 are bonds of the old issues and |
pledged as a basis for circulation.
About one billion represent bonds of
the first four Liberty loans still held
by the national banks, the remainder of
the government obligations owned be-
ing short term certificates Of indebted
ness.
New-York tribune., 1919-04-14
War Dept. Sells Lead

WASHINGTON, April 13.-The di-
rector of sales of the War Department
announced that the disposition of sur
plus stocks Of lead owned by the War
Department is being made at current
local market prices in the community
in which the surplus is held. This sur
plus is scattered throughout the coun-
try, but IN no place is there a large
quantity
Reports from the various bureaus
show a total amount of 1000 tons of
lead to be in possession of the War
Department. This represents but a
small percentage Of the years pro-
duction of lead and is not sufficient in
quantity to affect the market in any
way.
The lead is not being placed on the
market in quantity at any one time,
but is being sold in small quantities
in various places at current market
prices.
New-York tribune., 1919-04-14
Finance . Economics
tcopyrlsht 1919. New York Tribune Incl

tCcpyrlght. 1919 New York Tribune Incl
On q daily volume of transactions
we'll in excess of a million shares,
an activity not approached by any
previous week this year, the stock
market last week made little net
change. Technically it's action was
not above criticism. Steel common,
the market leader and its usual
barometer, did not advance. When
it did rise, on Thursday, to 100 "a =,
exceeding by is of a point it's pre-
vious high record for the year, made
on March %, it fell back again i'm
mediately to % IA, a net decline of
IA point. What had happened was
merely that with the untitled ton
mage statement as signal, large
short interest had been driven to
cover, and when it had covered, the
buying power was gone, the tech
nical position weakened, and the
stock declined.
New-York tribune., 1919-04-14
Chinese Loan Progresses
Negotiations Expected Soon
70 Be Completed
Ncu YORK. Tribune
EUsIin0fon R,,roo,,


WASHINGTON, April 13.-It was in
timatcd to-day by persons acquainted
with the negotiations nav being carried
on between the financial representa-
tlves of Great Britain, Franco. japan
and the United States to reorganize
the consortium for advancing loans to
the Chinese government, that the de-
velopments are so satisfactory as to
warrant an expectation of the an
nouncement of the results in the near
future.
The United States, which originally
rejected an invitation to become a
member Of the so-called Five Power
Group, which including Russia also
would have made it Six Power ar
rangement. because of the hostility of
Secretary of State Bryan to so-called
'dollar diplomacy" will play an i'm
portant part in the new organization
by reason Of the comparatively poorer
condition of the associate nations in
the ENTERPRISE
New-York tribune., 1919-04-14
Would Avbitratc Strike

President j. II. Bleistcn, of the Fur
Merchants Association of the City of
New York, has offered the services of
the association for the purpose of cf-
fecting a possible arbitration of the
strike in the dressing and dyeing
branches of fur industry
Instructions to offer the associa-
tion's Offices in the strike were given
Mr.. Bleistein at an informal meeting
of the board of directors Of the Fur
Merchants Association late last week.
New-York tribune., 1919-04-14
wealth. Markets-lnv estm ents

count for the firm rate of per cent
for call money in the latter part of
last week, and it's rise in one day
from 4 to per cent.
New-York tribune., 1919-04-14
Consolidated
Exchange

[ Unit of trade on this exchange, 10 shares
Following table gives total transactions for
the week ended April 10, with the high, low
and closinp nrices
New-York tribune., 1919-04-14
Market Barometers
Stock Exchange Transactions

Stocks
Rail Other All
STOCKS stocks. stocks.
Last week 32S, 100 e,4oe 500 seo7 Aoo
Week bcf. 521.10O 4,O52, eco 4.573. 500
Year ago. 134,700 1,106,7oo 1921 400
January 10 date:
1910. 5,e1e,3oo 52,o21 200 57s37 500
1918. -. .4,378,400 3o,55O,7oo "a e2e. 100
1s17.....6, 6,19o,6oo 1926 900 56,117,5oo
Bonds
Week Year
Last week. before. before.
U: s. g.$53,884,o0 $5e ,ce5 900 S13. .a4e 600
KIds.. 4,215,000 $4,000 100000
Oth'rs. 8.5S6,000 18,9e30OO $3.50 600
All kids 66,6e5,0o0 80,455,0o 22, 1871 900
January I to date:
New-York tribune., 1919-04-14

But the banks doubtless figure
that their burden is now at its
height. They have taken all the
certificates Of Indebtedness REQUIRED
IN anticipation of the loan. The
government will now pay the banks
back with the money it raises from
the people. Even if the banks have
to take a good deal of the loan. it
merely delays the process Of repay
mcnt. They exchange certificates
OF Indebtedness for comparatively
longtime securities. There is no
addition to the burden. So if in
dustrial borrowing does not yrcatlv
increase, and the Victory notes are
we'll taken by the public, the banks
will soon begin to have a lot of sur
plus money. Rates will come down.
They seem to expect it, for when
they buy commercial paper at pres
ent levels they prefer six months
paper to five months paper. They
want the benefit of present rates as
long as possible.
New-York tribune., 1919-04-14

Curiously enough, with this week. $
rise in call money came a tendency
toward ease in the commercial paper
market. The reason for the extraor
dinary ease Of call money in the
week before last came through re-
luctance on the part of the banks
to extend loans for fixed periods
prior to the Victory Loan campaign.
They at first began to narrow their
field to loans running for ninety
days or less, eligible for rediscount
and then strove to shut down on
time loans as far as possible. This
lett an unusual abundance of funds
ready to be loaned on day to day
basis. Payments last week on the
War Finance Corporation bonds
caused a drain on these funds. On
Thursday subscriptions were re-
ceived for S50O,OOO,O0O of certi6-
Gates of indebtedness. These are
more important for their effect on
time loans than on call loans. They
become merely a credit on the books
OF the banks, which lose nothing
until the government begins to With
draw against it's deposit credit.
New-York tribune., 1919-04-14

The investment market stood still
for another week while it awaited
the announcement of terms or the
Victory Loan, for which the cam
paign is only one week away. Last
week the announcement was made
from Washington that the terms
would be published to-day. The
statement of terms should greatly
help to clear the air, both in the
investment market and in the short
term paper markets. The banks will
be able to decide more accurately to
what extent they will probably be
called upon to aid in flotaton, and
from this will be able to determine
their loan policy.
The figures Of Saturdays bank
statement seem mainly to have re-
flected payments on the S200,000,O00
Of War Finance Corporation one
year notes s~last week. Surplus re-
serve decreased $685. 1920 despite a
decrease Of S89,136,O 900 in net de-
mand deposits. Loans, moving con-
trary to deposits, advanced $685.
100000. These figures help to ac-
New-York tribune., 1919-04-14

But though the technical position
of the market gives ground for eau
ton, the fundamental factors, which
determine trends over long period,
have continued favorable. Most i'm
portant of all was the governments
report on the wheat crop, showing
the unprecedented condition of 99.S,
compared with a ten-year average
condition on April Of 1923, and ex-
ceeding all private estimates. The
indicated winter wheat crop OF $751;
100000 bushels compares with $751;
449,0O0 in 1918 and S5,0O0,00O, the
previous record crop, in 1914. The
crops are the very basis of all pros
perity. Before the war, that truth
was recognized. Since then it has
become obscure. The crop has been
sighted because we have been so
certain of it. 1t is only controver-
sial matters that tend to get them
selves discussed. That has led to
the Importance assigned in current
gossip to disagreement and progress
at the peace conference, to the dead
lock over steel prices, and to the
outlook for the railroads. But the
action of the stock market indicates
that it expects the first question soon
to be favorably settled. AS to the
second and third, the future is mere
ly uncertain, with no real reason
for alarm.
New-York tribune., 1919-04-14

The advances in the rest of the
market were spectacular demon
strations confined to special kinds
of stocks. There were two days in
which the valume OF trading in a
stock like American International
Corporation exceeded Steel common,
and the gross rise was Ia points. In
two days the gross rise of Chandler
Motors was "a points. Reactions
followed almost as violent as the
gains. The net result of the week
was to leave industrial stocks about
where they were at the end of the
week before; railroad stocks showed
a decline averaging about point.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09

tractor" on his hands. It mean.
tainty Of being able to secure nee
pair parts, and guarantees to t
the same efficient service Whicl
Chalmers Manufacturing Conps
every machine it manufactures.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
OIdsmobile Factory
Announces Its New
Economy Motor Truck

In addition to their regular line
of passenger cars, the showroom Of
the Nebraska Automobile company,
local Oldsmobile dealers, now CON
tains a handsome light duty truck.
eThe day we were informed that
the Oldsmobile Economy truck was
an assured certainty, we wired the
factory for sample" said Charles
Tucker, because we knew that a
truck put out under the 0ldsmobile
name would be a winner, and it is.
Mechanically it is a wonderful
production. One of the first features
that catches the eye is the Torben-
sen internal gear drive. 1t is without
question the most economical type
ever designed 1t has the added adj
yantages of relieving the driving
axle of all the weight Of the load, re-
ducing the weight, increasing road
clearance and reducing fuel costs
by utilizing all of the power devel-
oped by the motor.
The motor is a powerful four
cylinder of the valve-in-head type,
fitted with double jet carburetor
and warm-air jacketed intake mani
fold. All parts are standard parts that
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Andrew Murphy & Son
Have Largest Service
Truck Station Here

No reduction in the prices Of the
Republic trucks are anticipated un-
til such time as justified by change
in labor and material scales, accord
ing to officials OF Andrew Murphy
and Son, Fourteenth and Jackson
streets, representatives OF the Re-
public trucks in Omaha,
Truck manufacturers declare the
middle-west shows the biggest OPP
portunity for motorized farming,
The large grain growers Of the west
have a big problem Of transporta-
ton for moving their crops. Some
are using trucks now, and, with
such splendid results. the manu-
facturers believe thousands Of new
trucks will 60 into service of this
kind during 1919.
Incident with the handling Of Re-
public trucks, Andrew Murphy &
Sons company has established the
largest truck service station in Om
aha at their place, Fourteenth aud
Jackson streets. Expert mechanics
are in charge Of the work and two
service trucks are kept ready for
outside work on troubled cars.
Nothing has been spared to make
the station the most up-to-date
service department in Omaha.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Lexington Adds Tourabout
to Its Line Of Automobiles

The tendency Of the buying public,
officials of the Lexington Motor
company say, is toward the sturdy
car rather than the heavy, cumber-
some types, and with this in mind
they added the Tourabout car to
their line. The Tourabout, on exhi-
bition at the Automobile show, is a
rakish-looking car, unconventional
enough to be distinctive but retain
ing the comforts OF the larger tour
/ & models. II has capacity of five
passengers. The fuel-saving quail
ties of the Tourabout made pos
sible by the Moore multiple exhaust
system, an exclusive feature of the
Lexington cars, adds to the numer-
GUS merits of this attractive model.
Prompt delivery OF the popular
Lexington models on exhibition at
the Automobile show is assured
buyers, declares F. c. Harmon, gen
eral manager of the Noyes-Killy
Auto company, 2268 Farnam street,
distributors of the Lexington cars.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Service Truck Officials
Claim Much Extra Power

A truck requires an engine cap
able not only of extraordinary pow
er hut Of continuous power, is the
decided opinion Of automobile truck
dealers. The ruinous strain of rack
ing, grinding day-in-and-day-out
usage must be met by the motor.
Officials of the Service truck claim
II per cent extra power in the mo-
tor. Power aud economy are
embodied in the Service engine.
showing the right principal of de-
sign, the right materials and the
right construction to give contin-
uous, dependable, economical pow
er. The circulating system is used
on the light duty models, and the
force feed oil system on the heavy
duty models. The cam shaft bear
ings are oiled directly under a pres
sure of 40 pounds.
The Service models range from
one-ton to hve-ton bodies. They
viii be exhibited in the truck de-
partment of the automobile show.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09

name Of Allis- Chalmers on this tractor
only means that it is the product of one
worlds greatest designers and manufact-
of high grade machinery; it means also
that there is no danger Of the owners
finding himself with an orphan
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Omaha Has Found the
Defiance Car a Success:

Standard parts of durable motors
for trucks are contained in the
Defiance hauling car, which has met
bad roads, continual usage and econ
omy triumphantly. Omaha has
witnessed the safety and endurance
of the Defiance road truck and has
found the car a success, according
to Carl Changstrom, president Of the
Western Motor company, western
distributors for the truck.
Nothing of an experimental mas
ture is contained in the motor or at
tached body of the Defiance. Typical
Of its name, the Defiance has with
stood the test of durability, depend
ability and economy. The Torben-
sen axle. Borg and Beck clutch and
Continental engine are features of
the truck, that have entered the
limelight of motordom with rapidity.
Caps, similar to those. worn by
the American overseas forces, are
furnished women factory employees
of Willys-Overland, Inc. Their
purpose is to protect the workers
hair from dirt and from contact
with machinery.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Never Too Cold for This
Carburetor to Operate

Starting a Ford on the first revo-
luton in a refrigerating room, 10
degrees below zero, is a record
credited to the U and carburetor.
The car was left in a room until
it was thoroughly cold" said L. M.
Swingley, manager of the U. and ].
Carburetor company of Omaha. 1t
was done as test. Upon first revo-
luton of the motor. ii started with
out popping, splitting or delays Of
any kind"
The u. and ]. carburetor will be
demonstrated during auto show
week across the street from the
Auditorium.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-03-09
Big Demand Over the West
for Liberty Automobiles

The demand for Liberty cars has
become so numerous this season
that agencies have been establish
ed throughout the west by the Lib
erty Sales company Of Lincoln. The
local office is affiliated with the Lin
coin headquarters. While yet a COM
paratively new company, more than
$l,000,000 worth of Liberty cars
have been sold, according to VIII
liam McCollum, general manager of
the Omaha Liberty Auto company
In conjunction with the Liberty
car. the bort tractor is also being
handled by the Liberty Sales COM
pany of Nebraska. R. d. Herzog,