davidaulloa/AmericanStories huggingface dataset:
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
ANSELL Gets OUT
Storm Center of Recent War
Department Row Resigns.
II Hereby Resign as Officer of
Army" All He Says.
To TAKE FIGHT BEFORE PUBLIC
Wants Rules Governing Courts
Martial Changed.
Baker Silent as to What Action
He Will Take.
TO TAKE FIGHT BEFORE PUBLIC

Washington, July 19.-Lieut. Col.
Samuel T. Ansell. former acting judge
advocate general of the army and the
central figure in the recent contro-
versy in the war department regard
ing military justice. handed his resig-
nation to Secretary Baker today.
Colonel AnseI is understood to have
taken this action in the hope that he
might bring more fully before the pub
lie the fight which he is making to
have the rules of military trials
changed. He asked that his resigna-
ton be put thru Immediately
Secretary Baker would not say to-
day what action he would take on
Colonel Anselrs resignation
Colonel AnselTs letter to Secretary
Baker consisted of a single sentence:
Il hereby resign as an officer of the
army"
Colonel Ansell plans to remain in
Washington to practice law.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19

ner possible to aid farmers and deal
ers in Kansas.
Several days ago Governor Allen
appealed to the department of agricul-
ture and the federal grain corpora
ton for relief from a situation which
threatened heavy losses to Kansas
wheat growers and dealers. He as
serted that grades given Kansas wheat
made grain accessible only for export
and removed it from competitive
markets. The grain corporation
answered with statement that only
lowest grades of tests were sold under
government guarantee and that farm
ers were able to secure more than
minimum quotation for grain.
Relief Is Promised.
Ousley's reply promises relief in
the method of establishing grades. 1t
is probable that state and federal In
spectors will confer in Topeka next
week regarding plans for the cam
paign in this state.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
RAISE HOWL ON MARCH
Opposition to His Being Made Perma-
nent General Evident at Capitol.

ncnt General Evident at Capitol.
Washington, July 10. - President
Wilson is authorized to appoint John
]. Pershing a general for life under
a bill introduced in the house today by
Representative Britten, Illinois.
The bill made no mention of grant
ing similar rank to Chief of Staff
March, as the president requested.
Il have purposely avoided including
the name of General March because of
the late hour he came into the fore
most position in the war department
on this side of the water, and 1 really
do not believe that he has had an
opportunity to justify congressional
action in his favor" Britten said.
Washington, July 19.-Objection to
the presidents recommendation to
give Chief of Staff March permanent
rank of general was evident in several
quarters of congress today. Some
Democrats are opposing the recon-
mendation.
The matter will be considered by
both senate and house military COM
nrittees next week.
In response to President Wilson's
recommendation that the permanent
rank of admiral be given William S.
Benson and William S. Sims. Chair
man Butler of the house naval affairs
committee today introduced d resolu-
ton authorizing such action.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19

made to fit the iron brace into the
dent in 1t. This demonstration was
barred from the testimony.
The defense maintained that Mrs.
Emerson committed suicide, produc-
ing some twenty-five witnesses, most
of whom testified she had said she
planned suicide and was frequently
melancholy. The defense also scored
a point when a chemist refused to
say the stains on the iron brace with
which the state contended Emerson
killed his mother were blood. An
adequate test could not be ade. it
was said.
The defense accounted for blood
spots on the walls of the shaft and
floor and on Emerson's clothes and
the bloody rag by saying they were
only natural in an undertaking estab-
lishment
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
ATTACK WOMEN!
Negroes Assault White Ladies
in Nations Capital.
Is Sixth Occurrence of Kind in
Four Weeks.

Washington, July 19.-The sixth at
tack by negroes on white women dur
ing the last four weeks on the streets
of the nations capital was reported
early today to the police. In this case
the assailants were frightened away,
but in four other cases the victims
were robbed or injured.
Rewards totalling more than $4,000,
raised by private subscriptions, are
standing for the arrest of the culprits.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
GETS A NEW HONOR
Rev. A. Iiljengren Secretary Scandi-
navian Church Organization.

The Rev. A. LiIjengren, who left
Topeka May 20 to assume charge of
the Swedish Mission church of Win
nipeg, Canada, has been elected secre-
tary for the Scandinavian Mission
Covenant of Canada a church de-
nomination similar to the Mission
Covenant of America, but independ-
ent.
This appointment, coupled with his
other positions as editor of the Can
ada Mail, a weekly church paper of
extensive circulation, and pastor of
the Swedish Mission church. the old
est Swedish church in Canada, will
give him a wide influence over the
Scandinavian peoples of the Dominion.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
SPEAKS AT FAIR
Roosevelt VIII Deliver Address
in Peoples Pavilion.
0idiers and Sailors From All
Over State Coming.

Col Theodore Roosevelt, Jr., who
tcepted the invitation of the Amer
an Legion to deliver an address here
y September 8, will speak at the big
eoples pavilion at the Kansas Free
|ate Fair.
on that day. ex-soldiers. sailors and
'arines from all parts OF Kansas will
assembled at the fair grounds for
reunion. conducted under the
ispices of the American Legion. The
II attraction, Of course, will be
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
FED GERMS TO HIS DAUGHTER
Toronto Physician Denies They Cause
Disease-Says He's Taken Millions.

Toronto, Ont, July 19.-Dr. John B.
Fraser, who challenged the world to
prove that germs are the cause of dis
ease, is off on a vacation for three
weeks and has no notice of the &C
ceptance of DR.. H w. Hill of St. Paul.
DR.. Hill asserted he is willing to I'M
dergo the test and viii use anti-toxins
to throw off the effect of incubation.
DR.. Fraser claims germs are prac-
tically harmless-that he's taken mil
lions of them without serious effect,
that he's fed them to his daughters
and that it takes only proper exercise,
fresh air and dieting to keep from
from disease.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
RUSH PROHIBITION BILL
House Dry Leaders Give Notice OBJ
structions Won't Be Permitted.

Washington, July 1e.-Dry leaders
in the house gave notice today that
they would not permit any other
measure to obstruct the prohibition
enforcement bill.
As the house was ready to resume
work. Chairman Good. of the ap-
preparation committee. asked unani-
nous consent to call up a joint reso-
luton making appropriation bills
signed by the president after July 1
retroa ctive to that date. Representa-
tive Currie. Republican. Michigan.
Chairman Volstead's right hand man
on the judiciary committee, in the en-
forcement fight. objected even when
informed that it would take less than
five minutes to consider the resolution
and that II he persisted the appropria-
lions committee would be forced to
obtain a special rule to make the reso-
luton in order.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19

Colonel Roosevelt's speech. and second
in interest will be the get together
meetings of the veterans of the world
war.
The visit Of Colonel Roosevelt will
be a great asset to the state fair, it
is believed. He is one of the four sons
of the great American who showed
that they were Chips off the old
block" He was severely wounded on
the Marine, while with the first di-
vision
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-07-19
FLOAT GROUNDED SHIP
S. S. Governor Cobb Went Ashore on
Nova Scotia With 500 Aboard.

Halifax. N. s.. July 19.-The Ameri-
can steamship. Governor Cobb. which
went ashore early today off Var
mouth. has been floated and will leave
Yarmouth this afternoon on her voy-
age to Boston. The Governor Cobb
carried 500 passengers.
New-York tribune., 1919-10-17

Am E'ls Note 4s 80
do Dr ..,. 41iA 40
\ Ag Cn pr. 9 -
A Beet s pr. 90 -
a Il 5 Fdly. aS
do pr ....lsoH 172
Am Can pr. l02 l03
A G u T. pr.ll434 115i
Am 'val -. - -
Am ShlpbIdg. l35
Am Snuff .l25 III
do Or .... 9lia 100
Am st f'y pr 94l2 a6
Am Sugar pr.ll7 ll9
a sum T pr 81 20
Am Tel * {. 80 so
Ana Wool pr.lo6 1861
\ u Il lst pr 75is II
do I'd pr =. 75L. IS
At Coast l.. "a g5H
a G. e w |. II ~
barrett Co pr.ll3i@ ia
Beech Creek. 30ia
Both $ 7th pr.lo0 los
BIN Edison aSA lUl
Hltn u Gas. Il IS
Bu rs Br pr. i'll ll5
Brunswick o.. lor II
Bur Il II =. 5jls -
do pr 100
Buff & Sus. 20 -
Bush Term. s. 100
Can Southern i3i!. IS
Case J | pr. 9Sls lol
Cen ot y J..l76 80
Ga * Ait pr. IL IL
c & + Ill. y Q
do pr ... IL IL
c d \ w pr.l23 l25
Ci & PITTS. so
esp VI X O Gi 75
CCC & SL pr 60 CI
tluett fcab. SO Sil
do pr .. Jos
c & : lst pr 20 i2i
do "a pr. o.. II -
Cont Insur. - IS
CreX Carpet to G5
Cu-A Su pr. loiia
Deere Co pr. 9ga. lo2
Del a ilud. l04a4 1o5
bet Edison. III 12I
Diamond NJ .ii5
DSS * At pr = l2
Elcc st Bat. l29ta 13O
Elkhorn & pr. II 43
I'm Brandt. 80 IS
do pr ... glie 94i
Frle "a pr. lSl2 lsi
Fed VI & 5. II lGi
DO pr ..... 31ia 33l
Fisher w pr l05 lDr
VIZ .i'iii- l7N ~
do pr lools lol
Gen Cigar pr. loo los
Goodrich pr..l04as los
GulS NJ II \ q. II
do pr .... 3Gl2 81
G $ 5 Is, pr 93 aS
lloncstako -. So 90
Int lIary pr. ..ll5H lis
In; Paper pr 80 1915
do pr stn.. ~, rs
Int Nickel pr s7i5 90
Int Salt ... 80
Iowa Central. Is z
jewell Tea e. 22t. 81
do r- ..... q 10
kCFS&M pr. II g.
* { South pr 40 -
Kelly Spr pr 9Sis aSi
knlsey Nh pr % l0oi
keok & ID NJ 81, <
do pr ... l. 80
hrcss & Go. "a
do pr log 10
hrrsac ... La 10
10 pr .l0J 40
New-York tribune., 1919-10-17
Prices Go Down
Under Pressure
Of Tight Money
Traders Sell Heavily as Re-
ports That Banks Intend
TO Prevent Overspecula-
ton Gain Currency

Continuance OF high rate for Stock
Exchange money, with renewals at 10
per cent, the highest level since July,
finally got on the nerves Of the specu-
lative following in the market ycster-
day, causing increased sailing and
slackening of buying. This resulted
IN general lowering of prices and a
good deal of unsettlement. In the final
half holr recoveries set in which car.
ried prices up from the early low lev
els, but the ma JorIty of stocks showed
substantial net losses at the close.
The dominating factor in the market
throughout the session was the money
stringency. Rates on cali money have
been high since the last week of Sep
tembcr, and the market has shown no
signs of easirs up despite recent pre-
dictions that the situation was only
temporary.
Yesterday when the market for call
loans opened and renewed at 10 per
cent reports that the banks were cur
failing heir offerings deliberately in
order to check speculation in stocks
we're circulated around the financial
district with such persistence as 20
cause widespread nervousness on the
part of stock market traders. Buying
slackened and offerings of stock in
creased while -Ae professional element
became more active on the short side.
For a time around midday. when the
SLING movmnt was at its height, the
market was distinctly weak, and it
looked for time as if the decline
would gather momentum. However,
the selling let up in the afternoon, ap
parently because the professional ele-
ment was not disposed to press their
advantage and with the removal of this
pressure a recovery set IN that made
up q portion Of the losses.
Steel shares appeared to be especial
iy vulnerable on the decline and Steel
common touched 107ls at the bottom,
which was more than points under
the high of last week. 1t recovered at
the close to 1OS, off fractionally. Motor
shares after more or less backing and
filling displayed a fair degree of
strength despite the general market
recession. Shipping issues also moved
against the current. To all appear
ances the market gave little attention
to Developments outside of Wall Street.
The decline in the market resulted In
slackening of activity and dealings
fell to 1923 900 shares, while there
were only 293 different stocks bought
and sold, compared with 303 on
Wednesday,
New-York tribune., 1919-10-17
Hardware Man ants
Decimal Pricing System
Use of ''Dozen" and "Gross"
Said to Cause Confu-
sion i'm Trade

ATLANTIC CITY, Oct 16-Substitu-
tion of the decimal system in quoting
prices for hardware for the present
method of pricing goods by the dozen"
or gross" was advocated to-day before
the National Hardware Associetion
convention in session here. J. Fred
Wright, of Sargent & Co, New Haven,
spoke in favor of making the change
Just why we are pricing goods by
the dozen and by the gross cannot be
answered by the present generation Of
hardware merchants" he said. The
>system has been handed down 20 US
lOgues, covering many of the lines IN
cluded in the generic term hardware
it appears that there is no systematic
method of selecting the pricing unit
Some items are sold by the dozen, and
others, similar in character, by the
gross. There are cases where one
manufacturer uses dozen and a COM
peting manufacturer uses gross for
the same line Of goods. We find items
catalogued and packed by the dozen but
sold and billed by the gross. Such con-
fusion Is apt to cause errors"
Mr. Wright SAID ne recognized tnat
manufacturers are naturally reluctant
to make radical change in established
trade practices, but he argued the ad-
vantages in merchandising that would
result from the adoption of the decimal
system are so much in its favor that
the National Hardware Association
should look into the proposed plan
carefully. and If it meets with approval,
urge the trade generally to adopt it.
New-York tribune., 1919-10-17
Bid and Asked

ASKED Bid Asbol
q. q l'ako T. & W. 10 io@s N'S Il e l.
s@ Ilss i NJ r. ri 30
~ O., pr ......lll ll2
gn J." " u LIST pr. 100 l03
~ do "a pr .ll0N ll5
lo3 Louisv ~ N..l0l lG91a
1l5i2 Macksy Cos pr 64 6.,is
- Nisaral Beach a 9is
135 Manhat EleY.. fi 70
l3l l"t Al W. 3Sis J2
100 May d 5 pr. 1863, llo
Hb Mex Petrol pr.l07 III
llN Nuch central. 100
% MSP&SSM pr 90 40
so dp lsd lines. % Is
1862 Mont Power. 81 65
II do pr ......lO2 l0T
IS Morris K Es.. 10
g5M Nash & ChaL.ll0 1l3
~ Nat biscuit .l27 l3o
ia 90 pr ......ll0 lii
' + d s pr loli2 l09i.
los Nat Lead pr lo2 l01
lul \ liH VI Isl pr - 10
10 10 "a Or. -. 7S. sH
ll5 y Y { 4 S Il 2s 81
II 90 lst pr. 50 20
Is do "a pr &c.. Is SO
1oo \ ! Dock pr. e3;s SO
- \ y l. x w gol, =
100 NoftOlk South l. l4ls
is Notf ~ W pr so -
]ol .\"TlH Am ... % 81
80 vllio hu' &C.. 80 -
I5ls overs BOT p.1ol4 lOlat
o Pacific Coast. IS 20
IA 90 lst pr. 10 leo
l25 do ID pr. - 60
so ana Pet pr o29-1 2S5
* Peoria " East Il i7is
GT pere Marc pr. i6 ~
S3L { { 4 ) l. 81 S.
,os = Petit Multi. - *
on 90 lst pr. @. 81 102
- iitls Coal Pr. 80 o5lG
- = = w X C.l2-ta l3Y
g. rr st Car pr. l0I los
Ky Stt Spg pr.l0S no
no l. ~ 5 f pr - 81
tnT /. Sw ..... Il llM
~ ~ Seabonrd 4 l. 9i4 10
Nrars Roe pr rs l2t
10 SIS : Il l pr 90 100
"a S = r Sugar 2lo a95
a uy -..-.lpt ll5
20 20 st MIXING pr. SO 90
9aiA SSlude. er pr. lo2 lo2it
l9% 1"p S'rel pr.lpo l0il.
t,72 ,,772 y & 7 Id TT. 260 500
~ 30" Third Av Il X is %
- lii"wa'er Oil.2iS $40
TO-. ion Tol st l. & w 6 !,
III 90 ct.s . 10 !.
los do ,+ss ~ 70 -
los Twin a. y ~ ,,,, -
II ,r ~ = -, -
90 90 Underwood TITO 1907
50 Tn Gig st...aiS .aiS 70 %
1913 U Dr1,r 1s. nr -o,, ~
rs do ri nr - - -
~ l,n Ry Inv pr 22ta Is
tSCIP & r pr 63 IS
- : Express 2s 9s
~ U S | Alc pr.l07 li0B
10 Va & & { 81 a.
% Vulcan Detln. ls lSls
aSi9 Wat AIR Rl,r ia ~,
l0oi4 w Nffg ist nr 80 "a
" a l. T. pr q ~
90 WHY'S Over pr asia 81
Wls Central. - -
10 Woolworth leg lS0
p % pr ......llt llB
ITO WP Il Nj pr A 97 98
New-York tribune., 1919-10-17

nc par value, OF the White Oh Corpora
l!on at so a share The total authorized
STOCK OF the company is 1000. 000 shares
u "h'ct bdOOOO shares are outstanding
julius J. stone John Carstcnsen I ohm
A. Archer and Alfred II. smith have been
elected directors Of the Cincinnati, San.
duSSy and Cleveland Railroad.
The Mercantile Trust Company has been
stock Of tho Consolidated Textile Corpora
ton and registrar OF the preferred stock
or tho Accounting Machine Corporation.
Marland defining Company and Kav
County Gas Company have purchased for
sL7S6,0oO oil development rights on three
tracts of land in Usage County. Okla
homa-
FranlSiio Trust Company has been ap-
pointed New York transfer agent OF the
tral Tercsa Sugar Company.
4 special meeting Of tho stockholders
Of the Saxon Motor Car Corporation has
been called for November 5 to vote on
the plan of reorganization.
The stanwood Rubber Company an
nounces the acquisition of all the capital
stock of the Iiardman Rubber Corpora-
ton of New Brunswick.
Finance and Trading Corporation an
nounces that tho Offering Of 100 600 shares
o. the common capital stock of the United
states Distributing Corporation has been
heavily OVersubscrbcd
Tho voting trust certificates of tho sub
marine Boat Corporation havint, exniraa
SoAiit l.llc ago, 1t Is desired that holders
oil Such certificates who have not already
eAchahsed same for the free stock inrln.
ulately do so by presenting their nld
Voting certificates at the Bankers Trnsr
Company '''
John V. Bouvier. Sd, and Samuel r
.-ess nave been elected to memberships
N the New York Stock Exchange. Thn
seat or Edmund Y. Cox was transferred
10 Eamund y Cox. jr. Charles NJ Morse
pure 'hased the membership of the lafn
Ilugn +; CTiss for sSS,o00 and Warren $
1"rvs ,,sr'. bought the seat of Frederic r
ooh.seou Tor $4,000 The membership
OF tn" late Arthur r. Easterbrook VAS
Soia to Lloyd Richards for $50, 900.
Goldman, Sachs K Co. ana 1.ebroar
hr0s. are offering at sos to yield over
nnn .,oo o}e ner cent, the unsold balance Of SIS,
vYu,poo > per cent cumulative convertI bic
STOCK OF the Pierce on Corporation.
r. John NJ. Henron. formerly with tina
oroWfn r''sI tuniiShing Company has bccorns
assoclatcu with Eastman, Dillon & Co.
j.. u: Reynolds, vice president Of tho
tlrst National Bank of New York and
seward Irosser, president of the HanlSnrs
tors OF the Great Northern Rallroad s,,,
sceedng Roger b. Shepard and t;eorrs p
Martin. e'' so H.
The Central Union Trust Companv has
peen appointed trustee Of ono year 6 nor
cent collateral trust gold notes Of the chi.
caSo, Rock Island and Pacific Railway
company and transfer agent for III. stnnIe
or the superior Body ,'orporntion ~
company was also appointed registrar or
the Central and South American raio
graph Company.
New-York tribune., 1919-10-17
The Dollar in Foreign Exchange

Larger offerings Of sterling bills
forced another decline in rates on Lon
don in this market yesterday. Demand
sterling fell from s4.16a4 to $4.16 and
cables from $4.17&a to $4.16s4.
French exchange on the other hand
was hrmer, with franc checks closing
212 points up, at S.74R. The other ex-
changes were fairly steady.
LII i
New-York tribune., 1919-10-17
AS to RediscOunt Rates

Recently Wall Street has heard a
great deal about an impending advance
in the rediscount rate by the Federal
Reserve Bank. 1t has been held that
this step is favored by the Federal Re-
serve Board authorities as the first
important move toward bringing abe at
deflation of the currency. Moreover,
1T has been asserted that the advance
in the rate would be made just as soon
as tn last instalment on the Victory
Liberty loan had been paid next month.
Yesterday a banker who is in close
touch with the situation gave it as his
personal opinion that an advance in
the rate by the Reserve Bank will
likely be postponed at least until the
turmoil of the labor unrest has sub
sided somewhat and more normal con-
ditions prevail. This banker insisted
that the present would be bad time
to begin the deflation process as he
thought it would only add to the
problems confronting the country.
New-York tribune., 1919-10-17
Ship and Commerce Shares Strong

Announcement of the election OF
General Goethals to the presidency Of
the American Ship and Commerce Cor
poration was the signal Yesterday for
an active buying movement in the stock
which carried it to the new high record
price OF Al. which was also the figure
at which the closing sale was nego-
tiated. The gain over Wednesdays last
sale amounted to 5 points. Reports
current during the stock market session
that two large blocks of the stock held
by spectators had been acquired by
interests close to the company were
officially confirmed after the close of
the market
New-York tribune., 1919-10-17
Demand for Structural
Steel Reported Good
September Contracts Equal TO
78 Per Cent Of Country's
Productive Capacity.

September contracts for structural
steel, as reported by the Bridge Build
ers and Structural Society, amount to
l4l.0 900 tons, representing IS per cent
of the total productive capacity OF the
industry in the United States. This
is exactly equal to the August figures.
The trade considers that the Septem-
ber business made an excellent show
ing in the face of handicaps imposed
by the steel strike.
1t is. however, the first month this
year that has not shown a distinct
advance over the preceding months
bookings. The tonnage OF orders for
1919 by months is as follows: Jan
uary. 2l,600; February, $500; March.
32,Soo; April, 44,1oo; May. $500:
June, $4,000: July. 1873, 200; August
ld1 900; September, l4l 900.
New-York tribune., 1919-10-17
Want New Cotton Report
House Calls for Statement of
Condition Oct. q

"ASHlNG{ON, Oct. 16.-Thc House
.o-oay adopted resolution directing
che agriculture Department to issue
ne" cotton report on November 9
sno"ing tha condition of the crop az Of
october 70. The resolution now goes
20 the Scnate. whore early action viii
oe urged by Senators from Southern
IN repor"nr the measure the Agri
oulsuie committee cited complaints OF
estimated by the department this
month, as abandoned acreage was moi
taken into consideration, and that ns
no other report would be issued tia
predicted yield, if erroneous, would
result in financial loss to cotton
planters.
New-York tribune., 1919-10-17
Lower Priced Motors Active

The lower priced motor stocks w're
actively bought yesterday while Cen
eral Motors, Studebaker and Chandler,
erstwhile favorites, were showing a
s2ggine tendency. Interest was chiefly
centred in Pierce Arrow and White
Motors with the former attaining the
new high price of 80 and showing at
its closing sale of 1878 net advance
of 81 points. White was even more
active, reaching 1873, and closed s
points up at 1875. Tho buying Of
Pierce Arrow, it was said in some
quarters, was Of a character to indi-
cate efforts to bring about a change Of
control. Whether or not this meant
that General Motors interests were
buying the stock was not stated, al
though reports OF this sort have been
current for several DAYS.
New-York tribune., 1919-10-17
Mexican-Pan Pete Exchange

Plans are expected to be announced
soon as result of which common
stockholders of the Mexican Petroleum
Company Will receive the right to eX-
change their shares on the basis OF
on. share of Mexican Petroleum for
two shares Of an-American Petroleum
& Transport non-voting stock.
Financing plans of the latter com
pany call for an issue Of stock TO
which present shareholders may sub
scribe ct 500 share. Mexican Pc
troleum stockholders viii have equal
privileges so far as rights are con
cerned. inasmuch as the financing plan
will not become operative until the
proposed exchange of Mexican Pc
t,oleum stock for Pan-American has
been effected. Stockholders Of the
Pan American company, it is an
nounce6, can subscribe to the new
stock of the company to the extent OF
10 per cent of their holdings.
The new money VII be used il
furthorance Of Pan -American's expan-
sion plans which include the building
of large number Of tank steamers.