davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
CHICAGO BOARD OF TRADE.

Chicago. Sept. 19.-Profit taking
sales on the part of new buyers. of
corn acquired sufficient volume today
to operate as more than a counter
balance for bullish sentiment asso-
ciated with prospects that rainy
weather would delay receipts. The
market closed weak 1sc to Mc net
lower with n December $1.23& to
$1.23s and May $1.21% to $1.21 q.
Oats lost u to lac. In provisions
the outcome varied from soc decline
to rise OF &c.
Although at first the corn market
showed somewhat pronounced up
ward tendency, later dealings were
mostly in favor OF bears. II was a
popular view early that the recent big
smash in grain quotations had over
discounted all bearish factors in corr
as compared with other commodities
and that the market should now be
governed by any current influence
which ordinarily would work toward
higher prices. But the temptation te
take immediate profits ruled trade
toward the end of the session. Eastern
interests led in selling.
Oats were swayed by corn.
Slowness of both domestic and for.
eign shipping demand had depress
ing effect on provisions. For tbs
most part, higher quotations on hogs
were ignored,
Closing prices:
Corn-Sept., STAT; Dec. s1.23%.
oats-Sept., 67%c; Dec. 69kc. {
Pork-Sept., s41.50; Oct, sS4.90.
I.ard--oct., s24.65; Jam, s22.02.
Ribs-oct.. s1s.12; JAN. s17.s2.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
FOR SALE

5OO-12-room, two-story brick,
modern, wen built, S. End st.
s2,S5O-4-room brick, modern, well
built, good garage, N. End st.
2,20O-4-room brick, modern good
porches, Highlands.
$500 = Groom, modern, frame,
sleeping porch hot water heat, lot
75x142, good location, close IN.
S4.500-6-room brick, modern. hot
water heat lot 75xl42, garage,
good outbuildings; 4th ward.
s3,5OO-6-room frame, modern, good
porches, shade. corner lot. on car
line; 4th ward.
$2,650-5-room frame, modern, sleep
ing porch, good shade. n. Srd St
s5,5O0-9-room. 2-story brick, mod
ern, completely furnished. suitable
for rooming house or small apart
ments; corner lot, North End st
Al. FLEISCMER
Real Estate. Insurance, Loans.
Ill South Fourth Street.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
WANTED-Rooms

ners and cutters. $5.S5@6.25; veal
calves, $2025@2l.5O; feeder steers,
$7.0O@12.25; stocker steers. $6.25 @
1O.0 90: western range beef steers. $500
@15.o0; cows and heifers, $3.50
1900.
Hogs - Receipts 5000. Market
mostly csc higher than yesterdays
average. Heavy. $16.50@1S.00; me-
dium, 6.75@1S.25; light, $17O0 %
1926; light light, $4,000 1850;
sheavy packing sows. smooth. $15.75 %
1895: packing sows. rough, $1,000 @
ISIS; pigs, $500 a 1850.
Sheep-Receipts $4,000. Market
slow. Lambs, $12.25@ 14.75; culls
and common, s7.00@12.00; ewes. me-
dunn, good and choice. $3.50 @ $50
culls and common. s2.00@6 .25; breed.
ing, s6.50@12.5o.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
Denver Livestock.

Denver, Sept. 19.-Cattle- Receipts
GOO. Market weak to a little lower.
Beef steers, $3.50 a 1900; cows and
heifers, $I50M9.0o; stockers and
feeders, s7.50@11.00; calves, $500
400.
Hogs-Receipts 200. Market l5c
higher. Top. $1,000; bulk. $16.550
1915. go.
Sheep-Receipts IL, 900. Market
lower. Lambs, $4,000 1925; ewes,
ts700@7.25; feeder lambs. $1,000
1850.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
Brace ITn.

Stomach trouble often makes one
respondent. 1t hits a man where he
lives. saps his strength and energy and
makes him feel like giving up. Give
him a few doses of Cham berlains
Tablets to improve his digestion and
loosen UP his bowels and IN most
cases recovery is prompt and he is
soon feeling well and happy.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
KANSAS CITY PRODUCE.

Kansas City, Sept. 1s.-Eggs-Mar-
ket unchanged.
Creamery butter &c higher, 81 score
Sac; firsts, SIC; seconds, sec.
Poultry--Hens, " higher. 25hc;
springs 1c higher. FAC.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
LIVESTOCK MARKETS.
Chicago Livestock.

Chicago, Sept. 19.--Cattle- Receipts
$500. Market slow Beef steers. me
dunn and heavy weight. choice and
prime, s15.50@fT.5o: medium and
GOOD. $II 90 d14l5, 50 Wed fnm on, q 1850
I0.75; light weIGht.p good and choice
s14.O06f7.65; common and medium
$4,000 1915; butcher cattle, heifers
s6.5oQ1475i cows, se.25@1s.5o; can.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
LIBERTY BONDS.

New York. Sept. 19.-Liberty bonds
final prices today were: AVS, 500:
first As, $3.50; second AS. s9S.Ss;
first AVS, $500; second ANS,
$4,000; third ANS. s95.62; fourth
ANS, $9S.90; Victory 3&'s. 1894;
Victory ANS. 1922.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
SOME NIFTY HOME

Five-room modern house, glassed-in
sleeping porch, large cement base
ment, furnace heat, double garage,
corner lot. This is real home, and
if you want something good it will
pay you to see it.
A. [. MARTIN co.
Real Estate, Fire and Auto Insurance
216 w. Gold Ave. Phone 156
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
STOCK MARKET IS
INDIFFERENT To
ORDER TO STRIKE
Trading Proceeds About As
Usual, Despite Prospective
WaIkout Of Steel Mills En-
ployes on Monday Next

New York, Sept 19.-Apart from
its frequent pauses and the heavy
selling movement at the close, today S
stock market received with apparent
indifference news that labor leaders
had ordered a general strike of steel
workers.
Reports and gossip current in the
financial district limited that joint
action might yet be taken by repre-
sentatives of capital and labor to
postpone or defer Indefinitely the
proposed walkout, but these were not
credited IN foremost industrial quar-
ters.
Prices were irregular at the outset,
soon developing moderate heaviness,
but reversals We're almost immediate
ly overcome when shorts found stocks
were NOT Lressed for sale.
For the rest of the session until the
final half hour the market moved
sluggishly. but with confident I'M
dertone, the so-called strike" stocks
holding firm when not comparatively
strong.
The late reversal was coincident
with rumors that the president of the
American Federation of Labor had
decided to lend his unqualified en-
dorsement to the steel unions.
United States Steel moved within a
narrow area most of the time. but
made Its low record of the week to-
wards the end. declining to 101 u. a
loss of Is.
The market for Liberty bonds was
again active and strong, second IA S
making a substantial gain with the
fourth a s, and the second As. Rail-
road and Industrial bonds were irregu-
lar. Total sales. par value, aggre-
gated s1S,350,000. Old United States
bonds unchanged on call.
(Nnsi1nrr
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20

:ns.es oyefhauled ard
repaired, Ribbons for every machine
xfbddierdhs Typewriter Exchange. Phone
III, l22 sodth Fourth,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
TIME CARDS

MAIL STAGE
Phone call anywhere-any time.
Lv. Silver City q. M; ar. Mogollon p. m
Lv Mogolion a. m; ar. silver City p. m
Best equipped auto livery In Southwest
BENNETT MOTOR TRANSIT co.
silver City, N NJ
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
TURKISH BATHS
BUSINESS CHANCES


FOR SALEA we'll furnished 30-room
rooming house. Doing good business 2of
East Central
FOR SALE--Fruit az candy store doing
good business. Good location. Leaving
town. 10g West Central.
FOR SALE--Newspapcr good territory:
population OF town l, 200; good proposition
for live newspaper man. Address CitzeaS
State Bank, Vaughn, N. NJ.
BRANCH MANAGER WANTED by cid
established Chicago concern, We furnish
full stock Of goods advertising matter ard
equip store completely in good location. all
at our expense. We allow you to draw Out
SfT5 a month and will also pay you liberal
share of the profits your store earns. W9ik
may be started In spare time. No Invest
ulent or previous experience necessary IL
YOU are a hustler and want an opportunity
to make $4,000 or more a year, we want yuu.
and will pay you wen from the start. Send
your application today s, Levy, Mansg Z,
Department "FXH" 329 South Franklin
street Chicago, Ill
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
FOR RENT-DwcIIin9s


FOR RENT--Dandy five-room flat. Inquire
ga North Walter .p~ 4
FOR RENT-Modern, well furnished ak :
room house. with slipping porch stean
huat; gas and garage. Phone $40 or l2ss-J.
FOR RENT--Six- room moderI ts3use. fur
nished. IN Third ward. four blocks from
postorfIce. City Realty Co., 297 West Gold.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
FOUND
WANTED---Land.

bay shetland pony. See Jas
Devine, Old Town.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20
FOR SALE-Real Estate

~e-~~-S~~~--e>~-rIe-~|-> --~>-r>~Ser~>S-e>-~--~S
FOR SALE--Fourteen acres $50 feet from
Fourth street road S0e7feet from SAY
Mil. ]. G. Albright.
FOR SALELBargain' corner Coal avenue
and Fifth street, lots and house. In
auire 4zs South Second.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-09-20

7t p15.-
New-York tribune., 1919-07-08
Canadian Notes,
In Two Maturities.
To Yield 5000
Public To Be Offered
Choice of Two and Ten
Year Issues, the Latter
in $IOO Denomination

The new notes to be issued against
the S75000,00 loan to the Dominion of
Canada will yield $50 per cent, j. P.
Morgan & Co., managers of the coun-
try-wide syndicate which will float the
securities. announced yesterday. The
issue will consist partly of two-year
notes and partly of ten-year notes,
bearing 5Ha per cent interest at par,
and the proportion of each maturity
will be determined by the public de-
mand. The fresh obligations will be
offered tomorrow morning.
"Sir Thomas White, Canadian Minis
ter of Finance" the formal statement
read, "has announced the issue of a
new Dominion loan Of S75,OOO,OO0, the
proceeds Of which will be devoted to
the retirement Of the Canadian loan of
S100O00,000 issued here two years ago
and maturing August /.
1.-The new issue will consist partly of
two year notes due August /, 1921, and
partly of ten-year bonds maturing
August 1, 1929. The issue price on the
two-year notes will be 99A and inter
est and on the ten-year bonds 81 and
interest, the yield on both classes of
securities being slightly over $50 per
cent.
I'VE and our associates, consisting
,
Forbes G. Co., First National Bank, the
National City Company, Guaranty
Trust Company, Bankers Trust Com
pany, William A. Reed Co. and the
Bank of Montreal, have purchased
these securities from the Dominion
government and have taken steps to
form a distributing syndicate, which
will offer the securities for public sub
scription Wednesday,"
The ten-year notes will be issued in
denomination of 500 and the two-year
notes in denomination of $1,000 The
notes issued in 1917, which are to be
retired with the proceeds of the new
loan, yielded 500 per cent and aggre-
gated sl00,00O,ooo Bankers say that
much of the excess between the matur-
ing issue and the new loan has already
been taken care of by the Dominion
government, which bought in a large
block of the securities in the open
market and cancelled them. Special
arrangements have been made to take
care of the rest Of the disparity be-
tween the two loans.
New-York tribune., 1919-07-08
Pierce Oil Plans
Big Increase in
Its Capital Stock
Stockholders Are Asked to
Authorize $2O,OOO,O 900
Glass B Common and
$l5,OOO,OOO Preferred

Stockholders of the Pierce Oil Cor
poration at a special meeting called
fer July %, will be asked to vote. upon
plan providing for an increase in the
authorized capital stock from $33, 3,000,-
600 to s6S 100000. IL is proposed that
$15,O0O,00O of the s35,000,o00 increase
shall consist of new s per cent cumula-
tive preferred stock and 2O,000,000
class B common stock.
In a circular to the shareholders
Henry Clay Pierce, president, stated
that the company is in need of addl-
tional capital to enable it to expand its
business and prosecute the development
Of its Ranger and other oil lands. Mr.
Pierce explained that the new financ-
ire will provide for the retirement of
the outstanding $9,200,O00 ten-year 6
per cent notee and approximately ST.
100000 ive-year per cent convertible
gold notes and still leave about $4,-
100000 cash working capital.
=, "The entire proposed $15,000,OOO OF
preferred stock" he added, "has been
Goldman, Sachs & Co., bankers, sub
ject to ratification by the stockholders
and to the right of the board of direc
tors to offer $9,2OO,OOo thereof to the
dcbenture holders in exchange for their
debentures.
"The bankers have agreed to pay the
compensation of Mr.. Samuel Inter
myer for negotiating the sale; and, as
a condition of the transaction, syndi
cate, consisting in part Of officers and
directors Of the corporation, is making
(. firm outright purchase from the bank
ers, at cost to the bankers of $5,000,000
of the new preferred stock. This syn
dictate has agreed not to sell or mar
ket any part of this stock until after
the termination of the syndicate that
the bankers have formed.
"As a part of the new financing, it is
proposed to call and pay on January
l, 1920, such of the debentures as shall
not have been exchanged for the new
preferred stock or converted into the
present common stock; and to call and
pay on December 81, 1919, such of the
tive-year notes as shall not have been
converted into the present common
stock"
In the proposal to increase the CAPT
tai stock of the company it is stipu-
lated that the par value of the new
preferred stock shall be 500. The
present common shares as we'll as the
new, according to the financing plan,
are to have par value of $25 each.
New-York tribune., 1919-07-08
Buy Big Steel Issue
Bankers Take $l7, 100000
Block of Steel and Tube Pr.

William A. Read g. Co. amounted
yesterday that they had purchased the
entire $17,500,OOO new issue of 7 per
the Steel and Tube Company of Ameri-
ca, which has enlarged its business by
the acquisition of the Northwestern
Iron Company, the ore properties of
the Newport Mining Company and the
Selmet-Solvay By-ProGucts Coke Plant
at Indiana Harbor. Ind.
AS announced last week the total
capitalization Of the expanded company
Will be approximately 100000, 1000.
The present Steel and Tube Company
was organized year ago in merger
OF the Mark Manufacturing Company
and the Iroquois iron Company. It is
one of the three largest manufa acturers
OF steel pipe and steel tubular goodssin
the United States. 1t has six blast
furnaces at the mouth of the Calumet
RIVER IN South Chicago, having an an
nual capacity of 100000 tons of pip
IRON, steel plant costing $1S,OOO.0O0
recently completed at Indiana Harbor.
and pipe mills at Evanston, Ill.,. and
GAINESVILLE, Ohio.
The Newport Mining Company has a
group OF five mines located at Iron
wood and Bessemer, Mich, with an
estimated content of 18,OOO,OO0 tons of
ore 1t also owns two blast furnaces.
a coke oven plant, with 1O8 by-product
coke ovens, an iron ore plant and lime
stone quarries. The total value of the
equipment is placed at $4,000 900.
The Sclmet-Solvay By-Products Coke
Plant has 120 coke ovens with a canac.
lty of more than 100000 net tons of
coke per annum. Earnings of the
properties just acquired, according to
a circular Issued by the bankers,
for dividends of sS,622 200.
New-York tribune., 1919-07-08
Call Rail Certificates of
Indebtedness for Redemnt;on

WASHINGTON, July 7-A11 cer+;s
Gates of Indebtedness issued h. 49,. ~
railroads following the failure of the the
appropriation in the last Coneress
were called to-day for redemption INV
10. The total amount of certifcatass as
issued between March and Inv
when the new appropriations baca y, 9
available, was $2S2,5l1 ,7O4. Arranne. 20
ments have been made for redemnt;o ;on
OF the, certificates at all Federal Re- Fol
serve banks. ne
New-York tribune., 1919-07-08
Great Northern's Net
Equal to $8.O4 a Share

As result Of operations for the
year ended December 81, 1918, the
Great Northern Railway Company re-
ports a net income after interest,
taxes, rentals, etc, of $2O,063 ,269,
equivalent to $8.04 share, earned on
the S249,477,15O outstanding capital
stock, which compares with S23,040,
172, or 1923 a share, earned the pre-
ccding year.
The company received s2s,771, ,3G1 In
compensation last year under the gov
ernment control contract, which is
the average annual railway operating
income of the several companies dur
ing the test period, July l, 1914, to
June 30, 1917, and which from time
to time is to be increased by the al
lowance Of a reasonable rate Of IN
tercst upon expenditures for additions
and betterments, road extensions
equipment, etc, made during Federal
control
New-York tribune., 1919-07-08
Exchange Toboganninc

Rates Of exchange on London and
Paris yesterday attained the lowest
level they have ever reached in the
New York market. The rapid decline
which became accelerated late last week
continued, and the Ira moved in sym
pathy with pound sterling and the
franc. Bankers again expressed the
opinion that the movement of rates
against the European nations had not
yet reached it's limit.
New-York tribune., 1919-07-08
Shell Transports Year

The Shell Transport and Loading Com
pany, Limited, reports total income for
the year ended December 81, 1918, of
81 ,S93,602, against 92,774,63O the year
before, an increase of s11S,972 En-
penses, etc, were 640,659, leaving q
s2,S52,943 balance. To this amount
previous surplus of 91,239,O ,O32 was
added, bringing the total to 94,O91 ,975,
ETC., aggregated f2,955,09S. After all
charges and expenses final surplus was
G1136S77
New-York tribune., 1919-07-08
The Markets
Up and Then Down

The stock market opened with gen
eral advance in prices, moved further
into new high ground, and then re-
ceded rapidly and precipitately in the
closing hour. 1t was typical Monday
morning market in a bull campaign.
Stocks started with rush as the buy
ing orders that accumulated from far
and wide during three days of
suspended animation in the market,
were executed From the opening
bulge prices went still higher. At the
top, reached around midday, the aver
age price of the industrial stocks stood
at new high record.
New-York tribune., 1919-07-08
West Likes the Motors

The West is rampantly bullish on
the motor shares and the floating sup
ply of these issues appears to be rela-
lively about as limited as the supply of
autos which the country is clamoring
to buy-E. w. Wagner & Co.
New-York tribune., 1919-07-08
Slow Denation

Money in circulation in the United
States remained about stationary in
June. The figures Of the Treasury De-
partment show that the per capita cir
it was $5429. On July /. 1918, it
was $50.86. DeHation is q slow process.
New-York tribune., 1919-07-08
Utility Securities Better

Quotations on public utility securi
ties, except those of street and inter-
urban railway companies, are showing
the return of much more hopeful con-
ditions in these corporations.-Hen L..
Doherty e Co.
New-York tribune., 1919-07-08
The Dollar i'm Foreign Exchange

Pronounced weakness in exchange on
London, Paris and Rome furnished the
feature of the local exchange market
yesterday. French and English ex-
change touched new low record levels
Quoted dollars to the pound.)
New-York tribune., 1919-07-08
Optimistic

We do not depart one iota from our
position as regards the future of this
stock market, namely, that bigger mar
kets and much higher values for Sc
curities are in prospect. We believe
the market with U. S. Steel pre-
eminent as the leader.-Holle & Stieg-
htz.
New-York tribune., 1919-07-08
Rails Do Better
Steel's Ranre

United States Steel common made a
great demonstration for half of the
session but fell off with the rest of the
market in the afternoon. In fact the
vulnerability of Steel to the outpour-
ing of proft-taking and liquidation of
speculative accounts in the closing
hour, contributed to a large extent to
the weakness of the rest of the market
just as Steel's strength earlier in the
day had been a powerful bullsh in
f1uence on marketwise sentiment. Steel
sold as high as 1855 and as low as
111&, closing right at the bottom for
net loss of 1 Y points. The trend
of the steel industry, it appears from
current trade reports, is upward.
Building projected during June will
call for so per cent more steel than
May, it is estimated, while it is stated
that the steel mills are operating on
basis of about 65 per cent capacity.
The monthly statement of untitled
tonnage of the Steel Corporation, due
on Thursday, ought to reflect the i'm
provement in the industry. In many
quarters an increase in untitled ton
mage is looked for. If there is an in
crease it will be the first in many
months.
New-York tribune., 1919-07-08
Southern Railway Common

The investor seeking a moderate
priced railroad issue holding forth in
teresting profit-making possibilities
should seriously consider Southern Rail-
way common.-Markoe Morgan & Co.
New-York tribune., 1919-07-08
Market Opinion
Real Values

Stock marke, prices may now and
again. be unsettled by money condi-
tons, but the real value in these in
vcstments will not be disturbed and
will assert itself unless the American
New-York tribune., 1919-07-08
Explaining Dear Money

Bankers said the rise in call money
rates was merely the result of nor
NAL working of the law of supply and
demand in the credit market. Aside
trom that they had nothing to say. 1t
is probable that rates will work easier
as the week advances since the position
Of the banks is unquestionably being
improved. The Saturday statement
disclosed an increase Of $1OO0OO,OOO in
the loan account and a decrease of
nearly S60,00O,00O in the surplus re-
serve account, nearly wiping out that
item. This in itself was sufficient to
call halt on the expansion of the
stock market loan account through con-
tinued feverish speculation. What the
Street wanted to know yesterday was
why the banks waited until afternoon
to jack up call money rates when their
surplus reserves were so depleted at
the end of last week. Why, it was
asked, did the banks make substantial
loans at to 61a per cent and make
renewals on that basis? 1t is not i'm
probable that preparations to meet
substantial government Withdrawals
to-day added to the unsettlement of the
money market. Last weeks great ex-
pansion in bank loans was due to ar
rangements made for meeting the July
financial requirements of corpora
tions.
New-York tribune., 1919-07-08

Scoveil. Wellington & Co. as n result of
the rapid growth OF their national account
ing and Industrial engineering organiza-
ton. have removed their Offices to larger
quarters at ~ William Street
New-York tribune., 1919-07-08
Reserve Bank Earning 12o Per Cent

The Federal Reserve Bank OF New
York earned approximately so per cent
on its paid in capital stock in the first
six months Of 1919. That was equiva-.
lent to an annual rate Of l20 per cent
In the full year Of 1918 the bank earned
at the rate Of 1885 per cent on it's
average paid in capital
New-York tribune., 1919-07-08
Wealth-Markets ts-Inve estm entS

public reserves itself and sees in our
nation wide prosperity only an invita-
ton to indulgence and extravagance.-
Posner & Co.
New-York tribune., 1919-07-08
Breadth Of the Market

Two hundred and eighty different
stocks were traded in yesterday against
2S6 on Thursday, the last previous
session. Transactions on the exchange
were 2,032,200 shares, making it the
most active day since the advance was
resumed and the second two million
share day this year.
New-York tribune., 1919-07-08
An Investment Test

Public offerings tomorrow of the
$75,000.000 Dominion of Canada 5h per
cent loan is awaited with great deal
Of interest in investment circles, as it
is believed it will afford valuable
test Of the absorptive capacity of the
American market Canadian govern
ment securities have of late enjoyed
great popularity with investors here.
Before the war, however, most Of the
Dominion financing WAS arranged in
London. 1t will be many years, If ever,
before Canada agaip floats her loans in
London.