davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-08-14
CONSOLIDATED EXCHANGE.

Denial by officials OF the Baldwin
Locomotive Company hat a flare of
financing, ~embodying the issuance Of
new stock TO present holders was being
considered by the company, fell like a
wet blanket upon the rapidly advancing
market shortly before moor yesterday on
the Consolidated Exchange. Liquidation
followed In the equipment shares and.
subsequently, extended to all other
groups, causing net comparative losses
for the session. Baldwin Locomotive
was down SIS from its early high to
10, American Locomotive az to SEX
and American Car & Foundry SIX TO
12s. United States Steel common fell
back 2 points from its early high to
I03x, Crucible 4 to 1874 and Bethle-
hem Steel B "a to s6h.
United Retail Stores. on profit taking.
receded 4 points to 1851, keystone Tire
Az to sS% and Central Leather rs.
to 1OOE. American Sumatra fell back
3 points 70 81 u and Tobacco Products
az to 104. The oil shares losses ranged
from 2 to ~ points. the extreme being
in Pan American, which moved down
az to 1888. International Mercantile
Marine common lost . points to So and
American International Corporation
ga to 50. Studebaker fell back tx
from It's early high to 1o5h, the other
motor shares registering smaller losses.
The sun., 1919-08-14
STEEL co. IN RECEIvERsHR.
Temple, Pa. Concern TO BE MANI
aged for Creditors.

Judge John C. Knox OF the Federal
District Court yesterday appointed Stan
ton S. Freeman receiver for the Sea-
board Steel and Manganese Corporation
The action was in espon to a SUIT
brought by Philip r. Wright OF Phila-
delphia in behalf of himself n other
creditors r~
The company. organized in March.
1915, ma two blast furnaces at Temple,
Pa, and an ONCE at 80 East Forty
second street. The furnaces have not
been operated for several months.
The plaintiff asserts that the COM
pany's assets had a book value OF
sl,Ta0,6e4 on January 81 but are now
worth about ss50.oOo He has a claim
Of Sl1,4I9 for merchandise. He asserts
that the claims OF other unsecured
creditors aggregate $4,000 and that
the company owes s55s.0oo or a promis-
sorry note secured by a mortgage held
by the Guaranty Trust Company.
With the complaint was filed an
answer for the company. signed by WILL
lam r. Hopkins. president. in which the
truth OF the allegations is admitted.
The receivers bond was fixed at $4,000.
The sun., 1919-08-14

concluded contracts for increased dis
tribution OF Vivaudou products through
cut the United States and in foreign
countries.
The Vivaudou organization manufac-
lures perfumes m toilet articles. No
details are yet available regarding the
price at which the stock will be offered
The new company was Incorporated re.
Gently with a capitalization OF 30o,O
shares, no par value.
The sun., 1919-08-14
j. S. LAND LEASING
BILL Is FAVORED
Senate Committee Would Open
Oil, Coal, Phosphate and
Sodium Areas.

WASHINGTON, Aug. 13.-Favorable re-
port on the b1i for the leasing or Gov
ernment owned oil. coal. phosphate and
sodium lands for stimulating production
ordered unanimously to-day by The
Senate Public Lands Committee.
The bill virtually Is the same as that
passed by both houses OF the last Con-
gress, but which failed because the Sem
ate did not adopt the conference report.
Under the bill an oil p~rospector would
receive title to one-fourth OF the 1850
acres allotted him under his prospecting
permit at a fixed royalty OF 5 per cent.
and a preference right to lease the re-
naming three-fourths at a royalty TO be
fxed by the Secretary of he Interior,
but at not less than one-eighth OF gross
production.
OIL land within producing fields woulc
be leased in plots OF $40 acres at a
royalty of not less than one-eighth or
more than one-fourth of production. Is
suance OF these leases would be by COM
Ipetitive bidding. however.
Prospectors would be able TO lease a
maximum of 1850 acres of coal land on
a basis OF from 8 TO 10 cents a ton. but
provisions authorizing the sale of coal
lands was eliminated. Alaskan coal land
Is not affected.
ROYALTIES for the leasing of phosphate
lands would be 2 per cent. on the gross
value OF output n for sodium lands
one-eighth-
II is proposed that IS per cent. Of the
ROYALTIES received shall be paid to the
States in which the Government land Ia
located, As per cent. to the reclamation
fund. and 10 per cent to the Federal
Treasury.
Included IN the bill were provisions by
which persons having lawful claims to
oil lands in the naval reserves in Cali
fornia and Wyoming over which there
has been much litigation can proceed
with their development. These provt-
sions are Identical with those contained
In the bill before the last Congress
| Chairman Smoot (Utah) said
The sun., 1919-08-14
|. +. LOREE'S FIGURES
ANSWER G. 3. PLUMB
New Stock Issues Retired
Bonds, Says Delaware and
Hudson President.

L. +. Loree. president of the Della
ware and Hudson Railroad Company,
issued a statement yesterday outlining
the financial transactions and the
financing Of his road since 1900 in an
swer to the charge made by Glenn E.
Plumb before the House Interstate Com
merce Committee on Tuesday that the
Delaware and Hudson. among other
roads had issued much new stock be-
tween 1900 and 1910 at less than its
market value. or a given II away as
bonuses to its stockholders
AT the beginning of 1900" says the
statement, the authorized and outstand-
ing capital stock was s35, 900. 900. In
1904 the company authorized an increase
In its capital stock OF SIC, 900. 900. Of
which $1,000. 900 was offered to stock
holders of record March 10. 1904, at
s135 a share. each stakeholder having
the right to subscribe for n share Of
new stock for every FIVE shares owned.
The balance Of $1,000. 900 OF authorized
stock Is still unissued.
This $1,000. 900 OF capital stock was
issued to retire S. 900, 000'of New York
and Canada Railroad Company bonds
maturing May 1, 1904. to defray the
cost of standard gauging the Chateau
gay and Lake Placid Railway n to re-
imburse the treasury for advances Tor
construction work. At the subscription
.priee Ss,450, 900 was realized on its sale.
THE average market price of the
Delaware and Hudson Company's stock
In March, 1904, was s157.45. The low
est price in hat month was s14s. on
March IL.
an May. 1905. the company authorised
an increase in its capital stock OF $4,000
900 for the purpose of exchanging same
prior to April 1. 1915, for Albany and
| Susquehanna. Railroad 3h per cen
| bonds, due in 1916. at the rate of five
shares for each 81. 900 bond. There has
| heen exchanged hereunder s1,77S.0Oo OF
| this issue fer $685. 900 Of Albany and
Susquehanna bonds. h balance, $3.222,-
900. remaining unissued.
In January. 1905. the company al
| thorized an increase of $1,000, 600 In
its capital stock for the purpose Of ex-
changing same for its issue of $4,000
900 OF 4 per cent convertible debentures
due June Is, 1916. at h rate Of i've
shares for each $1,000 debenture s13.
500 of capital stock was issued under
| this authority in exchange for $4,000
of these bonds, the balance of the author
lied increase. ~s6.es6.50o still remaining
unissped
Capital stock OF the company wal
retired and cancelled between the year:
| 1900 and 1910. by the operation Of thu
sinking fund. as follows:
The sun., 1919-08-14
] A OIL STOCK AT $40.
FarsOn & Co. Offering 100000
of h Glass A Issue.

Farson, Son & Co. are Offering at $40
a share 81 1000, 900 Glass A stock of the
Ajax OH Company of Dallas. Announce
ment Is made that this security will
receive dividends at the rate OF IL per
cent. a year. payable monthly. II Is
added that an initial dividend will be
declared payable September Is.
The company Is said to be producing
approximately 1000 barrels OF high
grade oil daily with a market value OF
X225 a barrel. Based on present pro-
duction the estimated earnings are APP
proximately s2,25e a day OF s67,5oo a
month. This is equivalent to four times
the dividend requirements on the Class
A stock
The sun., 1919-08-14
sEcuRITIES AT AUCTION.

io4 shares Rose Sales Company. Inc, COM
mon: zoo shares Rose Sales Company.
Inc, preferred. 50 lot,
10 shares Spencer a Co.. s3s per share.
10 shares United Gas and Electric corpo-
ration, 70.
10 shares FIRST National Bank OF New
5000 Japanese Government ~ bonds OF
1905. uA.
The sun., 1919-08-14

a desire 70 deal justly. Neither side can
claim the right TO be the sole Judge Of
its own case. n that Is the frst ques-
ton to be settled.
TT Is not a time for hasty action or
for any experiments which will tend to
prevent the speedy revival Of confidence
and industry. The world IL short Of the
common necessaries Of life. and that Il
the first situation to be dealt with"
The sun., 1919-08-14

ITO those who can i~ntelligently inter-
pref financial transactions the financing
of the Delaware and Hudson Company
through capital stock during the eleven
years from 1900-1s1o must appea most
fortunate"
The sun., 1919-08-14

" when and as declared m the hrt dAy Of January. April. July M octeoer
hole Of IN art at tas and accrued dividend On 60 days NOTICE.
sinking Fund Of s% beginning July 4. ts12.
The sun., 1919-08-14
ADVANCES In STEEL
PRICES INDICATED
Producers Adopt More Conser-
vative Sales Policy, Some
Boosting Pig Iron.
EXPORT INQUIRY BETTER
U. 8. Ferromanganese Indus
try, Reared During War,
Feels Foreign Inroads.
EXPORT INQUIRY BETTER

The steel industry Is not operating so
smoothly in the last few days as re-
Gently. what with threats of strikes, pros
poets Of higher freight rates. shortage Of
cars. &C.. and as a result the big pro-
duoers of steel and iron are adopting n
more conservative sales policy, accord
ing to the Iron Age. Several producers
have demanded a substantial increase In
pig iron prices, and prospects of further
advances in the steel lines are said TO be
good.
The Of the Lake Superior
ore movement by the strike at ppe Iake
docks for a 80 per cent. Increase in
wages" says the Iron Age, and the
prospect of higher freight rates, IN line
with the expected wage Increase to rail-
road workers. and the car shortage, due
to the shopmen's strike, have caused
producers of iron and steel to adopt Q
conservative selling policy. The threat
of a strike In central Western steel
plants, while not omlnous, Is not disre-
garded.
IAN advance of rs cents to 81 a ton
has been asked by several producers OF
Southern pig iron. Blowing In OF
Northern merchant furnaces continues
and seven are scheduled to resume In
the central West, but the volume of sales
is well maintained.
Export pig iron inquiry in New YORK
is larger, the total for Holland. Scandi-
navia, Belgium. japan, Italy and the
United Kingdom being NOR. than $4,000
ions. FreiRhts to Great Britain are down
to $40 from Gulf ports and 5000 tons OF
foundry iron has been sold to British
consumers, while rs. 900 tons OF basic
iron for the British Isles is under ne
collation.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16

We are in receipt of volume 1
number of the Union County Record
a new paper started at New Albany,
edited by H. T. Caldwell. 1t is an g.
page "a paten) 6-column paper, very
neatly printed. Knowing the news
paper business as we do, we tender
our sympathy rather than congratula-
tons to Brother Caldwell in his effort
to establish another paper in New
Albany. While New Albany is a good
little town it is not large enough to
support two newspapers. It already
had one good paper, and if the peo-
pie, all of the business people of that
town, would patronize that paper the
little town could boast of having a
good newspaper; but if they divide
their business it will weaken both pa
pers to the point of bare existence
and neither one can be the paper
that the little city should have. De-
liver us from competitive news
paper business in a small town.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
THE AMENDMENT.

We have been asked to write an
editorial on the amendment to the
law providing for the distribution OF
school funds in Mississippi, which
will be voted on at the general election
on Monday, November 3.
We take for granted that the
amendment is in the interest Of educa-
ton; that it is necessary in order to
make the school laws of the State
more perfect, and to better provide for
the education of the children of the
State.
Prominent educators throughout the
state are recommending the amend
ment to the voters as good law.
The amendment provides a more equal
distribution of the school funds of
the state by empowering the state
board of education in such manner
as to equalize public school terms
throughout the state.
AS the law is now, some of the
counties of the state have longer
public school terms than some other
counties. The amendment, if it be-
a law, will give each child in
the state an equal chance for an edu-
cation. We believe the amendment is
good and should have the support of
every voter.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
FOR SPEAKER OF THE HOUSE.
State Highway COMMISSIONS

Soon after the first primary we
nominated Hon. S. Joe Owen. His
ability and experience fully qualify
him to note that he has decided to
become candidate for the place, and
that his candidacy is being heartily
endorsed by many papers through
out the State. Mississippi has nc
tluer son, nor has the plain people a
better friend, than Joe Owen. His
ability and experience fully qualify
him for the place, and we hope to sec
him elected-Yazoo City Herald.
Brother Mott has our hearty en-
dorsement on his nomination. He
could not have made better selection
than S. Joe Owen of New Albany.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
NOTICE.
The State of Mississippi,
County of Lafayette.
City of Oxford.

City of Oxford.
To the Qualified Electors of said
City:
Under and by virtue of the orders
this day received by us from the
Mayor and Council of the City of Ok
ford, Mississippi, ordering that we
hold an election on the 10Th day of
October, A. D., 1919, for the ratifi-
cation or the rejection of the above
ordinance under the caption of GAN
ORDINANCE FIXING THE SAL
ARIES OF E. E. TEMPLE, MAYOR,
AND T. J. METTS, COUNCILMAN,
OF THE CITY OF OXFORD, Missis-
sippi," notice is hereby given to the
qualified electors of said City of Ok
ford that on the 10Th day of Oc-
tober, A. D., 1919, that we G. R.
Bowles, A. M. Hall and ]. A. Tank
ersly, Election Commissioners of said
City of Oxford, Mississippi, will hold
said election on the date namad in said
order for the ratification or rejection
OF said ordinance.
Witness our official signatures, his
the 18th day of October, A. D., 1919.
G. r. BOWLES,
A. NJ. HALL,
J. A. TANKFP"LY,
Election Commissioners of the City of
Oxford, Mississippi.
(Cct. 1929
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
NOTICE.
The State of Mississippi,
County of Lafayette.

The State OF MISSISSIPPI,
County of Lafayette.
The undersigned Clerk Of the Board
of Supervisors of Lafayette County,
Mississippi, will receive sealed bids up
until IL o'clock Noon, Tuesday, No
vember 4th, 1919, for the doing of the
following work, to-wit:
The building of a so foot bridge on
road Link No. 1874, in Beat q, west of
the residence of C. w. Ship.
The building of a ga foot bridge
near the home of R. c. Carter in
Beat 8, on road Link No. 50.
The building of 81 foot bridge
across ditch near c. F. Gains store
in Beat 3, on road Link No. II.
The building of a bridge across
Toby Tubby Creek in Beat 8, near
Buford's Mill; and
Also for the dragging of all bond
issue roads in Supervisors District
No. 1, of said County.
All of said work to be done accord
ing to plans and specifications now on
file in the Chancery Clerks office.
The successful bidders will be re-
Quired to enter into bond for the
faithful performance of their contract.
The Board reserves the right to re-
ject any and all bids.
This October 18th, 1919.
w. M. WOODWARD, Clerk,
G.. A. WOODWARD, D. C.
(Oct. 16-23-30.)
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
AN ORDINANCE

Fixing the Salaries of E. e. Temple,
Mayor, and T. ]. Nets, Council
man, of the City of Oxford.
Mississippi.
Section BE it ordained by the
Mayor and Council of the City of
Oxford, Mississippi, that the salary
of E. E. Temple, Mayor, be, and the
same is hereby fixed at $4,000 per
month payable monthly; that he de-
vote his entire time to the service of
the City in the discharge of the duties
heretofore fixed by ordinance, and in
addition thereto that he assume and
discharge the duties of Collector Of the
taxes of the real and personal prop
erty of the City of Oxford;
And the supervision of the pro-
perty assessment of said City; that
he devote his full and entire time to
the discharge of the duties of the
office of Mayor as defined by law.
Section BE it further ordained
by the Mayor and Council of said
City of Oxford, Mississippi, that the
salary of J. T. Nets, Councilman,
be, and the same is hereby fixed at
$500 per month, payable monthly,
and that he devote his time to the
discharge Of the duties of Street Com
missioner and such other duties here
tofore assigned to this department
by ordinance and fixed by law.
Section 3.-This ordinance hereby
amends the ordinance heretofore pass
ed by the Mayor and Council and ap-
proved by the qualified electors of
the City Of Oxford, entitled can ord
nance fixing the salaries of the May
or and Commissioner of the City of
Oxford, Mississippi" in so far as it
affects the salary of Mayor and Street
Commissioner.
The above ordinance was read and
adopted and read by sections and then
as whole by yea and nay vote and
is hereby ordered published accord
ing to law.
E. E. Temple voting yea, T. J.
Meets voting yea, Louis Stephens
voting yea. Those voting nay, none.
Certified to by Louis Stephens,
Clerk.
Approved by E. E. Temple, Mayor.
(Oct. 1929
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
NOTICE.

No. 1854.
The State of Mississippi,
County of Lafayette,
To James Buford, whose postoffice
address is Memphis, Tenn.
You are commanded to appear be-
fore the Chancery Court of Lafayette
County, Mississippi, on November
"a, 1919, in Oxford, Mississippi, to
plead, answer or demur to the Bill
for Divorce Of Lottie Buford, to
which you are defendant.
Given under my hand and official
seal at Oxford, Miss, this the 4th
w. M. WOODWARD,
Clerk Of the Chancery Court.
(Oct. 9-16-23.)
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
IN MEMORY OF BROTHER
STANLEY BURT.

The grim tryant death has again
alarmed our outer door and has sum-
moned our beloved brother, Stanley
Burt, from his imperfect to that all
perfect, Celestial Lodge above, where
the Supreme Grand Master of the Uni
verse presides, and it is with sad, yet
submissive hearts that we bow to the
will Of our Supreme Grand Master,
knowing that he doeth all things
wisely and well. Our brother was
overtaken by death, his place which
can never be filled, is vacant among
us, and the sun of his blessed and up
right life has gone down behind the
horizon of this vale Of tears, forever.
Stanley Burt was a gentleman in all
his dealings. He practiced truthful
ness, uprightness and sincerity.
In view of these facts, be it resolv-
ed;
First-That while we are greatly
grieved over the death of our brother,
we will bow to the will of Our Heav-
emily Father, in humble submission;
Second-That we greatly appreci-
ate the estimation in which he was
held, not only by ourselves but by
the entire community;
Third-That we extend to his loved
ones our heartfelt sympathy, and hope
the consolation of the Gospel he low
ed so well may be theirs;
Fourth-That copy of these reso-
lutions be spead upon the minutes of
the Lodge book of records, and a copy
sent to the family, and this copy be
published in the Oxford Eagle.
DIR. w. B. MCMAHON,
w. w. ELLIOTT.
w. NJ. WOODWARD,
Committee,
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
COMMISSIONERS SALE.

R. H. Smith, ct al, Comp'ts.
VS.. No 5000.
]. w. Smith ct al. Defts.
By virtue Of the authority conferred
on me by the Chancery Court of La
fayette County, Miss, at its May
term, 1919, l will, as commissioner in
the above styled cause, proceed to sell
at public outcry, to the highest bidder
for cash, within lawful hours, at the
south door of the county court house
in Oxford, Lafayette County, Missis-
sippi. on the first Monday Of Novem-
Der, 1919, to-wit, Nov. 3rd, 1919, the
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
A BARGAIN FOR HOUSEWIVES,

1t is indeed a real bargain when
you can get the Majestic Range that
you have been intending to buy and
lave included with out any additional
charge Whatever-a full set of fine
cooking ware. This special offer will
be made at Porter Hardware Com
pany during Majestic Ranme Dcmon-
stration Week, beginning monday,
October 81 to November / Be sure
to come. Select your Majestic from
among a variey of styles and sizes
and get your set of cooking ware as
a gift. (Advt.)
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
NONRESIDENT NOTICE.
Miss Emma P. WOrley, Complainant,

Miss Emma P. Worley, Complainant,
w. B. Morley, ct, al,
No. $3.50.
To Mrs. Kate burns, whose post
office address is &c, 9Th Street, Mem
phis, Tenn, Frank White, whose
postoffice address is Corsicana, Texas,
Nathan White, whose postoffice adj
dress is Florence, Ala, Frank F. Wor-
ley, whose postoffice address is Flor
ence, Ala, George Lucas, Willie Lu-
cas-, the heirs of Lille Lucas Lucas,
and all other heirs of Mrs. M. A. Lu-
cas- whose postoffice addresses are un-
known, and to all the other heirs of
Henry w. Morley, deceased, and to
their legal guardians, and to all
other persons having or claiming an
interest either legal or equitable in
the following described real estate:
The South fraction of the S. w.
Range 3 West, less 2 IL acres, also
the fraction of lots PIG and PIT, in
North Oxford, being the residence of
the estate Of the late Henry w.
Worley, deceased, and being that
property occupied by the complainant
aforesaid, all of said lots being in
Section Is, Township 8 Range West,
and lying and being just out of the
corporate limits Of the town Of OK
ford, Miss, on the north side there
of, in Lafayette county, Miss, being
on the east side of the Oxford and
Abbeville public road.
You are commanded to appear be-
fore the Chancery Court Of Lafay-
cite county, Mississippi, held at Ok
ford, in said county, on the Oath day
of November, 1919, being the fourth
Monday Of November, A. D. 1919, to
take such action in the above styled
cause as you may deem proper, the
same being a suit on the part of
Complainant to confirm and quiet in
he- the title to the above described
property, and wherein you are join
ed as a party at interest.
This the 9TH day Of October, A. D.,
1919.
w. M. WOODARD,
Clerk of Chancery Court.
w. G. Boyett, Atty, for Complainant.
(Oct. 9-16-23.)
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
NOTICE.

No. $3.50.
Burt Thompson, Complainant.
VS..
Mary Thompson, Defendant.
State of Mississippi,
To Mary Thompson, Defendant,
whose post Office address is unknown
You are commanded to appear be-
fore the Chancery Court of the County
of Lafayette, in said State, on the
fourth Monday of November, A. D.,
1919, to defend the suit in said Court
of Burt Thompson, wherein you are
Defendant.
This 18th of October, 1919.
w. M. WOODWARD,
Chancery Clerk.
(Oct. 16-23-3O)
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1919-10-16
Notice to Creditors.

All persons having claims against
the estate Of the late S. Burt, de-
ceased, are requested to file
claims with the undersigned within
twelve months from date Of this
notice or they will be barred by law.
Also all paties who are indebted 70
said estate are reuested to come for
ward and settle.
w. I. HARGIS,
Executor.
Oct. l, 1919. (3t.)