davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-09-24
Securities and Money
Market Reflects
Optimistic View
OF Steel Strike

Optimism over the steel strike
situation served to keep stock market
prices on an even keel yesterday. Re-
ports. however, were highly conflict
ing and the Street was plainly not yet
prepared to render conclusive judc-
ment of the outcome
Prices opened with an irregular
range when early reports told of ad-
ditions to the ranks of the striking
workmen in different parts of the
country. Later, advices that the la
Dor leaders were again seeking the
aid Of President Wilson in getting
conference with the head of the United
States Steel Corporation caused a
hardening Of prices all along the line.
This was taken in many quarters to
indicate that the labor leaders were
much less sanguine of success than
last week, when they predicted COM
plete tie-up of the steel industry
Steel shares displayed some weak
ness in the forepart of the trading
impressive, giving way in the after
noon to firmness. Steel common early
got down to 101A, but the later re-
covery carried it back to 1929, the
closing price of Monday Transactions
IN steel were not as large as usual.
While waiting for the strike news
the professional element found time
TO start demonstrations in other parts
of the industrial list. Stocks like
Baldwin Locomotive, Texas Company,
American Sugar, New York Dock ana
Mexican Petroleum were pushed for
ward on active speculation for the ad-
vance. In the railroad department.
several of the low-priced rails de-
veloped strongly, while the express
stocks were moved ahead sharply on
light buying, the advance in Ameri-
can Express exceeding 10 points.
The larger speculative interest that
developed in the specialtes made the
market a much broader affair than
on Monday and the number of shares
bought and sold was 28s, compared
with 246 the day before. Dealings
approximated million shares, against
725,0oO on Monday.
Liberty loan bonds we're firm and
active, but little improvement was
noted IN the market for railroad and
industrial mortgage issues.
New-York tribune., 1919-09-24
The Latest Tobacco Merger Yarn

The latest report about Tho pending
tobacco merger is that a new holding
company will be formed by the Whelan-
Duke interests, to take over not only
the common stock Of the American To-
bacco Company, but the common stock
of other tobacco concerns as wel-pos-
slbly Liggctt e. Myers and the Loril-
lard concern. In furtherance of the
plan 1t was stated that American To-
Dacco stock would be split up on the
nasls Of four for one, with market to
be made at once for the new stock
United Retail Stores stockholders II
was also said, would be given the right
TO subscribe to the stock of the new
holding company.
New-York tribune., 1919-09-24
Caught Short of Marks

Spectators were held responsible
yesterday for the erratic market in
French and German exchange In the
case OF German marks, which rose from
-i35 to 40 cents and then fell back
to 4.35, it was asserted that a large
operator in exchange who had sold
calls on marks around 40 cents had
been forced to cover / 800 900 marks at
advancing quotations. There has been
a great deal of speculation in marks
Of late. and many of the downtown
banks which have been freely selling
checks on Berlin ara said 10 have had
to refuse the sale Of this form of ex-
change because spectators were pro
nllscuously reselling the bills around
the Street. Speculative operations have
been Of large proportions in the mar
ket for French exchange: in fact, in
qulries have lately been received here
from interests in Paris which wanted to
know if francs had not fallen 10
level that made them attractive
New-York tribune., 1919-09-24
Motor Stocks and Steel Strike

Some surprise was expressed in
brokerage quarters yesterday at the
way the motor stocks have stood up
IN the face of the steel strike. A Sc
nous prolongation of the present trou-
bles at the mills, it is believed, would
have serious effect on the motor car
industry. few of the larger plants
claim TO have enough steel to keep
running for time, but with no new.
material being received this would soon
be used up. Having direct bearing
on this situation was the announce-
ment yeste rday that the plant of the
United Alloy Steel Corporation at Can
ton, Ohio, which supplies a large per
centage OF the automobile companies
with alloy steel, has been seriously Grip
pied by the strike
New-York tribune., 1919-09-24
The Dollar i'm Foreign EXCHANGE

Exchange rates on London. Paris and
Berlin moved sharply upward for
time yesterday, the recovery carving
sterling. francs and marks to the high
est levels in weeks. Later in the dav
the market turned and a large por-
ton of the early advances were lost
Bankers in touch with the FOREIGN
exchange situation. stated in explana-
tion that the movement appeared to
be based on speculative conditions. IT
was said that dealers and others who
had sold the leading exchanges in an.
tc'pation of further decline had
found the market going against them
and IN their purchases for covering
purposes had forced rates IN.
German marks rose to 40 cents
compared with 4.35 cents on Monday
but lost that gain at the close.
Francs. which closed at S.S2 to the
dollar the day before, rallied to SIS
and closed at S.66 in an active market.
Cable sterling went as high as SALT.
closing at s4.16s4
Quoted dollars TO the pound)
New-York tribune., 1919-09-24
Texas Company

Texas Company was a strong spot
in the oil group yesterday. moving up
4. points TO 20 The Street heard in
connection With the rise in the stock
thaS plans arc on foot for readjust-
ment Of the capitalization of the com
pany. These plans arc said 10 involve
reduc ION in the par value Of thc
stock from S100 to SO. The dividend
will not be reduced proportionatcly it
was stated in connection with the re
port, SO that the stock holders viii get
what viii be tantamount TO an increase
in the rate. A reduction in the par
value of the stock would no doubt pop
ularize Texas shares, speculatio on
as their present high price takes them
out of the reach of the average trader,
New-York tribune., 1919-09-24
In Wall Street
American Smelling Breaks

American Smelling and Refining
shares declined from a high Of 1874
to TON in yesterdays ma TX ct before II
recovery set in that carried the price
at the close back 30 72h a net loss Of
2% points. The weakness in this issue
was all the more significant because Of
the knowledges some quarters that
the company's scmi-annual report
would be published tomorrow morn
ing 1t appeared that some one be-
lieved that the earnings would not be
favorable
New-York tribune., 1919-09-24
Arrange S5.OOO.OOO
Cotton Acceptance Credit

An acceptance credit for sj.00o.ooo,
secured by raw cotton stored in south
ern warehouses, has been arranged on
behalt of Barrett & Co.. Of Augusta.
Ga. cotton merchants. through the Bank
of Charleston, National Banking Asso-
citation.
The drafts to be- drawn under the
credit arc secured b. cotton in storage
with i margin OF 30 per cent, running
for ninety days win the privilege of
one renewal Tor ninety days. The ac-
ceptances are payable iii New York or
some other Federal Reserve city.
New-York tribune., 1919-09-24
4. r. & T. Stock Issue Denied

Reports that the American Telephone
and Telegraph Company was consider
ing the issuance Of preferred stool
were officially branded as false yester-
day. I've have never considered. nor
viii we consider. such a form of
tinancing, a company executive was
quoted as saying. 1t is believed in
financial circles, however, that the COM
pany will do some form Of financing
before the end of the gear to take care
of its usual requirements. A. T & 7.
stock. it is stated, is now moro widely
distributed than at any previous time
in.the company's history. Large blocks
area understood to have passed from
New England to the South and South
New-York tribune., 1919-09-24
Railroad Shares Show Strength

In thelate trading yesterday the rail
road shares were strong features, the
low priced issues being in particular
demand. The pending arrangements
tor returning the railroads to their
owners, IN the belief of many in the
financial district, will be of particular
benefit to the weaker lines. despite the
announced opposition of the stronger
roads to plans involving the taking
away Of part of their surplus revenues.
New-York tribune., 1919-09-24
Baldwin Again Scars

On the eve of reported important de
velopments at the meeting of directors
scheduled for Friday of this week Bald
win locomotive was active yesterday
and the stock moved up to within 2ls
points Of its recent high Of 13914. The
Baldwin situation is still an enigma to
Vail Street and it is hoped that soma
official announcement Will be made by
the board regarding the many reports
that have been current over the last
few months. Chief among these has
been the rumor that some sort of capt.
tai rcadjustment will be made favor
able to the stockholders. At It's clos
ing quotation of 1862 Baldwin showed
a net gain OF Z points.
New-York tribune., 1919-09-24
Dividends


f.. ". Bliss Company addition 10 the
regular quarterly dividends On preferred
ana common Of s ana 50 &C. respectiVeis.
an extra dividend of s. share on COM
dividends are payable o.. october 70
stock Of record to-dar.
Central Leather (onpany--The reeular
quarterly d.r1d"nA ~ 4 pa cent has been
annornced. and, besides an extra Of ;
per CEN Both arc "a. able November !
to HOLDER Of record October 10.
New-York tribune., 1919-09-24
Bid and Asked
Quotations

The following table gives tn. closing
bid and asked quotations for stocks
listed on the New York Stoc, Exchano.
but not traded IN yesterdays:
New-York tribune., 1919-09-24

~ehT's & Reuter- arc offering at q.
an interest 5o5oOoo : per cent and par
| '.clpating ton wear gold bonds due Auyus,
w. i9@9' of the Raritan Refining CORPORA
tlou. ' ''O'"
New-York tribune., 1919-09-24

month Of August. irst ISSUED, mo
that during the month the to'a' nn'ar
per cent were on time arrllns ~
minsls. The average delay for escn l.
train was 22.7 minutes. ard the aver.
delay for each train run was 81 min.
utes; 30S per cent OF the time iost !" ,. e.
made ~ before tho - ''rached ''''-
New-York tribune., 1919-09-24

Sub-Treasury.- S. Sub Treasury
aeo't balance at New York Clearing
House, s347,oS3 Federal Reserve credit
balance, $50.522,694
Silver.-London, 62ssd; New York,
lsSl'lo% Mexican dollars. So5s@93ssc.
New-York tribune., 1919-09-24
Record of Stock and Bond Averages

All stocks quoted dollars
share based last regular
tionso of shares
New-York tribune., 1919-09-24
Money and Credit

Offerings of call money were more
plentiful yesterday. The banks we're
IN a stronger reserve position by rca-
son Of the calling Of loans the day
before. which eased the situation ma
terlally. AS result. call rates opened
and remained at 6 per cent through
out the day compared with closing
rates of per cent on Monday.
The ruling rates for money yester
day, compared with a year ago, were
as follows:
New-York tribune., 1919-09-24
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings
Stocks

Copyright, 1919 New YorkTr
New-York tribune., 1919-09-24
Regular Declarations
August Train Performance

Tho f'""o~d = - - = F0r''| ''ces IN
The commonwealth., 1919-12-30

The smile that won t come off
IS Of little value to the world. I,
IS founded upon nothin" and i
"au"cd by it's origin.
The commonwealth., 1919-12-30

FOR SALE-One Cynnoer . Pas
songe. I'd hand Overland Automo-
bile: one Cylinder Passenger
ma hand Overland Automo obilc
The commonwealth., 1919-12-30

True. Christmas comes buf
once year, but things DO hum
the short time it s here.
The commonwealth., 1919-12-30

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( to0@ oT 1919
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El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
WELFARE BODY
TO MEET HERE
Four Days Sessions of Com
mission Opens On No
Yember 18th.

C. D. Watts. an investigator en-
ployed by the state industrial well
fare commission. has been in the
city for the past ten days concerning
matters 10 be brought before the
commission here at its sessions to
be held in the courthouse for four
days beginning Noevmber 1s.
His activities have to do just now
with conditions surrounding the en-
ployment Of women. Laundries. tele-
phone companies. mercantile and
manufacturing establishments are the
industries TO come up for discussion.
The first day viii se given over 70
the testimony OF EN- Dyes. Follow
ing that. employers viii be heard.
Welfare wor-ers are to testify the
fourth day OF the hearing. while the
final days work is open 10 all other
interested people
T. J. Jennings, chairman Of the
commission, is 70 arrive in II Paso
Tuesday for the sessions. Commis-
sioners J. r. Fowler and Miss Annie
Webb Blanton viii also be present
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
SENATE TO SHUT OFF ALL
DEBATE ON PEACE TREATY

offered once cloture becomes effective.
Among the measures senator Hitch
cock presented was a resolution Tor
ratification without reservations de
put in also a ratification resolution
embodyinE -as part OF the rarltica-
tion.7 the five substitute reservations
offered By him several days ago.
Those reservations PROVIDE
Substitute Reservations.
That the United states would be
sole judge WheIher its ooiEations
we're fulfilled If It withdrew from
league membership.
That no question which the Emitted
states considers domestic in char
acter could come before the league
That the Monroe doctrine should
not in any way be impaired OF az
That the councils recommendations
under article 10 shall be considered
as merely ADVICE
That no dominion or colony shall
vote In any league dispute 10 which
any sister dominion or colony IS
Substitute On Article 10.
IN addition. senator Hitchcock pre-
scented q new substitute for the article
10 reservation. already adopted by the
senate. TX proposes that the United
states ~dues NOT assume any oolga-
tons regarding the articles guar
congress shan 80 provide The LAM
EuaEe is much the same as that OK
the reservation adopted
Notice was given By Mr. Hitch
cock thrt he would later move 10
strike out the preamble require
ment that the reservation must
be accepted BY three great porers-
a parliamentary jan developed
when vice president Marshall under
took 10 state his construction Of the
Cl0ture rule Senator Lat0llette, Re-
publican. Wisconsin, made point Of
order, contending that the CHAIR
should put tho motion
The objection was overrule1, SEN
ator la Fcliette appealed from me
decision and senator Ashurst, Demo-
crat. Arizona. moved 20 lay the appeal
on the table
senator "A Foliette's effort to cur
OF the vice presidents ruling was
tabled, 60 20 80. all Of the latter be-
ing cast by Republicans. while le he-
puhlicans Joined the Democrats IN sus-
tanning the vice president
Democrats Arc Upheld.
The vice president then ruled when
one resolution OF ratification nae
been rejected 90 was possible q
majority desired. 70 take Up another
The decision bore out the slan- 4-
administration senators, who nope 20
bring action on a resolution Of tneir
own after defeating that contaln-n-
the committee reservations.
Quoting from the constitution, tne
vice president held that the rlsnl o.
the senate to advise and consent pa
the making Of treaties could not DC
taken away by any strained construc-
tion Of senate rules.
-As Ions as majority OF senators
want to Try 20 ratify in some way,
the vice president said, the mas ll.s
81 the senate has power 10 act Adopt
ion OF the cioture rule viii not pre-
vent a majority from attempting 20
raufy the treaty in some way. az
though il viii end the debate WITHIN
the time provided by the rule
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
CENTRALIA LOOKING LESS
LIKE AN ARMED CAMP NOW

Centralia, wash. Nov. l5--Centra-
la today began to lose its liktness TO
an armed camp. National Euardsmen
and former American soldiers. who
have been patroling all parts Of the
city since Tuesday. when four Amerl-
can Legion members fell before J. w
~ bullets, today were conflning their
patrols TO the city 5ail area Parties
still were searching the surrounding
country for alleged radicals.
Despite failure Of tht coroner's jury
to fix responsibility for deaths Of the
ax-soIdiers. arrangements had been
made 70 file murder charges against
the following. held in connection with
Tuesdays shooting
7. C. Morgan j. H. McInery. Bert
Bland. Commodore Bland, T. r. Lamb.
EuEers II. Barnett. Britt Smith. Roy
Becker. Loren Roberts and a man
named Faulkner
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
WRECK /. W. ".
HEADQUARTERS
Los Angeles Ex-Soldiers
Beat Up Reds; Many Pa
cific Coast Raids.

san Francisco. Calf, Nov. 15.-
Raids on Industrial Workers Of the
world and other radical organiza-
lions. begun as the result of the kill
ing Of four former service men at
Centralia. Wash. Tuesday. continued
yesterday and last night up and down
the Pacific coast and as result
scores of additional prisoners were
in custody today
Some Of them face charges of crim-
inal svndicalism, some Of netting TO
riot and others Of vagrancy Three
persons. alleged members Of the radi-
cal order. received injuries 10 one
raid. which necessitated their re-
moTal TO a hospital.
peoples Institute Raided.
At Los Angeles number Of for
mer service men, said 10 be mainly
members Of the American Lesion.
broke into Industrial Workers OF the
World headquarters. cut and bruised
with clubs three men found there and
wrecked the place before the police
could respond 70 riot call In san
francisco the Peoples Institute
and / ". ~. headquarters were
raided by the police and nine men
held in default OF $1,000 bond on
charges OF vagrancy.
These raids followed receipt OF in
children were visiting the Peoples In
stitute and obtaining radical utera-
ture, which they carried home. Po-
lice Capt O'Meara- who conducted the
raids, said all Industrial Workers Of
the World must leave this city or go
to JAN
Deportation Threatened
At Seattle. Henry White. commits
sloner OF immigration, made formal
announcement that alien Industrial
Workers OF the World rounded up at
centraha, wash as a result OF the
shooting Of former service men
Armistice day. would be deported If
they were not held on murder charges
BY the county authorities Fifty
three 7 W ~. were arrested By Sc
attic police ia several raids Tester-
day and last night. AT Raymond.
" ASH II others were arrested by a
citizens committee and turned over
to the police
Wear Centralia- former service men.
acting for county officials. gathered
ID about so alleged Industrial Work
ers. mainly In logging camps. These
included an American, giving his
name as George Lester and his wife
Katherine The police said he gave
much valuable information
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
WAGE SCALE IS SETTLED
FOR CENTRAL COAL FIELDS

the government is with them abso-
Green AussuiIs Operators
The secretary treasurer OF the
United Mine Workers was recognized
You asked the United Mine Work
ers some weeks ago 10 negotiate a
wage scale covering the central com
petltive field he said, -and they
agreed The operators answer 20 the
same request was q refusal unless the
strike was Withdrawn Again we hear
4 refusal Of the proposition made by
you as a representative OF the federal
government
show long Is this situation to
continue. the mine workers uc-
candInc every request OF the fed
eraI government and these men on
the other side accepting nothing.
il h unfair that one side Of this
controversy shOuld be constantly
Influenced TO yield by coercion
and moral pressure. The question
now g.. when will the government
1eu the operators what they must
dosr
Dragged Workers 10 Court
The federal government has
dragged the workers representative
INFO court and told them WHIST 10
do" secretary Green said. Every
American is interested IN the miners
getting a decent American wage and
that thought should be uppermost in
the minds Of federal government Of
ficials. II IL takes a 60 percent IN
crease of wages. the federal govern
ment should see that they get it,
II take exception TO the statement
Of the chairman that the demands Of
he miners are impossible Let's not
prejudice the miners case before the
public before We have gone into con-
ference
our government has treated the
miners unfairly. feel bitter in
heart and soul regarding the action
the government has taken.
&. 1L Clark. president Of the AS
sociation Of Bituminous Coal Opera
tors in central Pennsylvania eX-
pressed amazement at the charges
OF bad Faith in the face OF the walk
out on November I in violation Of
contract
Operators we're ready 10 resume
negotiations. he said. on the basis
suggested by president Wilson and
they would net ask the mine workers
to resume work as condition u re-
sumlng negotiations
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15

CPOEA2,E. wash, Nov- 15.-No evil
- dsnce Of a reported invasion on
Industrial Workers Of the world to
this city from northwestern lumber
camps was apparent today. Neither
police nor national guard officers
knew Of any disturbances, they said,
and no reports Of arrival Of J. ~. w
had been received
Local officials Ereathed easier this
morning. after night spent in a
STATE OF preparedness against
threatened invasion by Industrial
Workers Of the World from Montana
and other parts Of the northwest
The American Legion late yesterday
informed local officials il had intur-
nation that from 1000 to 1000 Indus
trial Workers were coming here me
reported purpose Of the I W W. and
the exact source OF the information
remained undiscl0sed-
Precautions Are Taken.
As a result, a conference Of legion
members. civil officials and officers
OF the national guard was held. fol-
lowing which more than 1909 former
service men were sworn in as special
deputy sherlffs and the two COM
pauies Of the Washington national
elard here were modified
incoming trains were watched
closely and Two alleged members Of
the radical order taken into custody.
No others were observed entering the
city, however
What connection, IL any. a meeting
Of Industrial Workers scheduled 20
be held ~ cum uerland. in the western
part Of the state, tomorrow night, had
with the reports Of an invasion was
not established. Cumberland Is an
isolated point not easily accessible
Coal miners are on strike there and
one report last night was that the
Industrial Workers were taking adj
vantage OF d miners meeting there &c
hold a gathering on their own ac-
count
announce T. -. W. Meeting.
Meager alVices from Cumberland
said @ large number OF strangers had
arrived there yesterday and that the
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
MONTANA STREET PROPERTY
OWNERS ASK FOR PAVING

A delegation Of property owners
Of Montana street was before the
city council Saturday asking that the
paving Of that street from Stevens
TO MARI street be taken up and
pushed.
The council decided to go ahead
with the paving which had been de-
layed since April "a. II was also de-
cided 20 advertise for bids again
There Is one bid IN providing for a
concrete base, but O. wss thought
that q bid for a crushed rock base
would be satisfactory. This paving
wiz connect the already paved por-
tiou Of Montana street with the paved
county road which runs down the
valley.
El Paso herald. (El Paso, Tex.) 1901-1931, 1919-11-15
PRODUCTION m GALLUP COAL
FIELD SHOWS SLIGHT DROP

santa Fe, n r. Nov. I5.-A slight
falling or in production in the Cal
iup coal field is shown in Saturdays
reports TO Gov Larrazolo. Discussing
the situation. Gov. Larr1zola declared
that inside OF week the production
Of that field would be quite satisfac-
tory The plan which win bring
ABOUT this Improvement in conditions
was not disclosed
There have been no reports S3tur-
day OF Friday from the CclfaI county
mines The governor says that iu alb
seuce Of reports he feels warranted
in believing conditions are once more
are close 10 norkiaL