davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-09-17
RAZOR COMPANIES MERGE.
Gem, Ever-Ready and star in
$50, 100000 Consolidation.

The American Safety Razor Company
has been formed by the consolidation OF
the three big dollar safety razor manu-
facturers, including the Gem, the Ever
Ready and the Star. The new company
is capitalized at 100000, 900, divided into
soc, 900 shares with par value or $2b.
A block of 100000 shares of the stock
has been underwritten by Block, Ma
loney q Co., which will make public
offering OF the issue.
The earnings of the three companies
included for 1919 are estimated to ex-
ceed per cent on the $40, 900 capi-
talization, II was said yesterday. Those
earnings are expected to be increased as
a result OF greater efficiency and less
production cost to be obtained by consol-
idation of effort. The corporation Will
start its cXreer free from debt and have
only one class OF stock. The money
realized from the sale OF the stock, ap-
proxinlately S7.000.000, will be put into
the company, increasing it's business and
extending its lines Trading will be
started on the New York curb after the
stock shall have been issued. and appli-
cations to list the shares on the larger
stock exchanges including the New
York Stock Exchange, will be made.
George L. storm has been elected chair
man of it's directors and Joseph Kauf-
man has been named it's president. The
directorate, besides those two men. in
cludes Benjamin Block and Leon Schi-
nasi. The company will handle besides
razors and blades soaps. toilet articles,
celluloid and rubber goods &C., which
can be distributed through its regular
channels with no increased cost.
The sun., 1919-09-17
EXCHANGE PLAN AssAuED.
british Bankers Say PalIache Plan
Favors U. 8. Too Much,

A storm Of criticism has resulted in
Great Britain as result of the Pallache
plan for the stabilizing Of American ex-
change by guaranteeing the rate to
American buyers of British securities.
1t is contended among other things that
as the United States is a large pro-
ducer it is as much to her interest to
stabilize the rate Of exchange as it is
to Great Britain's.
Some British bankers say that for
them to shoulder the whole cost of the
plan would be making gift to Uncle
Sam. Another point made Is that for
Britain to part with her securities would
be like a man selling his necessary
furniture to ease his financial position
instead OF spending less and working
harder.
One banker in Britain asserted that
American investors in British securities
would want also a guaranteed exchange
rate for dividend payments, in which
case the Government would never know
what 1t would have to pay for interest
If the Government guaranteed a rate
exchange of $4.60 to the pound and
the exchange fell to 81 the Government
would have to pay an addition of 12h
per cent on interest, or 5M per cent.
on security the interest on which was
nominally per cent
The sun., 1919-09-17
CONSOLIDATED EXCHANGE.

Majority opinion that there would be
no strike in the steel industry induced
yesterday brisk demand for steel issues
during the final hour on the Consolidated
Stock Exchange, numerous such stocks
moving up from 3 to 8 points. The
equipments in sympathetic movement
bounded forward. American Locomotive
being bid up 9A to l101a and Car and
Foundry to 1875, while Baldwin Loco
motive fell back / u from its early high
to 134%. Bethlehem B was advanced
~ to 97h, Crucible to 100 and Steel
common VI to 105%.
The balance Of the list, except a few
specialties, became reactionary. Amer
lean Can moved up 2& to STA and
United States Rubber 2S to 116%
while Food Products fell back 2A TO
s5$ and National Acme to 3Sh. The
motor issues, after gains of l to 2
points. fell back to about parity with
Mondays final prices. Marines. under
pressure, receded TO 3 points, Marine
common being offered down to els
Marine preferred to 100 and American
International Corporation to 102 4.
The sun., 1919-09-17
STEEL EXECUTIVES MEET.
'"ase Gary Says Gathering Only
Regular One.

Judge Ebert H. Gary presided yestsr-
aay afternoon at meeting OF the finance
cSonlmittee Of the United States Steel
,Norporatlon at the Offices of the corpora
uon In II Broadway.
s he comlttee was In Session for about
~ hour and at Its cenolusion the mem
~" ,s emerged without betraying any
.hulcauons Of being perturbed by the
threatened impending strike of the steel
""orhers in their veS.1us mills. Judge
osly and President Farrell OF the steel
Srrpo S,po[ation seemed in particularly good
40 me newspapermen Judge Gary
~ Ihere Is not a bit OF news for
sou' We have simply held one of the
ar meetings of our executives"
~ Suesuoned as TO whether or not they
ns au discussed the strike, scheduled for
sn So week. Judge Gary made no direct
$500 When told that the strike
M had announced yesterday that
Icy had the steel workers 100 per cent.
Msanized Judge Gary smiled ana said
mat he had no Official KNOWLEDGE OF
lie stuck to the statement that his
lorhatlon indicated not more than 15
~ cent OF the corporations employees
aaa been organized.
suuse Gary added that he did not be-
se IN denying things OF which he
20 no knowledge. Interrogated regard
,h the attitude OF the independents In
event OF strike he said that he
aIher felt that they would welcome II.
70 whether the strike would come
~ as scheduled. he said that his inter-
Es"er knew as much. about It as he
A. a nnale hs remarked sarhs
s-ss of holHhssism may yet etriis> ss Z
The sun., 1919-09-17
COFFEE MARKET.

There were yesterday violent breaks
in the coffee market, which finally sent
prices into new low ground. or 10 cents
below the high point of last June On
the call prices were go to 70 points less
than at the previous close, the decline
meeting stop loss orders when trading
became very active and excited.
Recent rallies from the low levels of
last week were believed to have left the
market in an easier technical position
and in a position to be Influenced easily
by conditions in Brazil The decline
was helped along by a sharp break of
over 1$200 reis in Santos futures and
at the low point of the day December
had touched 1870. or I65 points net
lower. There was n partial recovery
late in the session due to covering the
shorts. final prices showing net losses
Of 103 to 113 points
Range of prices. No,
The sun., 1919-09-17
FINANCIAL NOTES.

jeremiah ]. Sullivan, Jr., was elected a
director OF the Philadelphia Transit Com
pany, succeeding John 5. Phipps Of New
Theodore H. Banks, vice president Of the
American Exchange National Bank, has
been elected director to succeed the late
Columbia Trust Company has been ap-
pointed transfer agent for the common.
first and second preferred stock OF New
Trust department OF the American Ex-
change National Bank Is distributing to
investors q calendar OF tax information
all Federal and New York State and city
taxes to December 81, 1870.
Howard. formerly with Parkinson & Burr,
has become attached to their trading de-
partment.
pointed depository OF the funds and regis.
trar OF the preferred and common stocks OF
the Plggiy wiggly Corporation. organized
stores, chiefly in the South and Southwest,
Holders OF the Shell Transport and
Trading Company, Ltd. interim receipts
for Amsriean & shares are no,insd that ;, on
able Trust Company OF New York they will
receive On exchange therefor American
shares issued Sndsr an sSiss
Co., the Equitable Trust Company Of Now
York as depositary. and the holders OF
certineates for AmsTissn shares. res o,v
Trust Company has appointed Irving j.
Greene assistant secretary OF the company
at its Brussels office.
At meeting Of the directors of the
Briscoe Motor Corporation yesterday ].
Fl ,cher Farrell was elected a director OF
4 Al corporation.
Guaranty Trust company has been APP
pointed trustee under the New York Cen,
trail Railroad Company trust agreement
an authorized issue OF SIS. B.0o0.o 900 par
value one year per cent collateral trust
trustee Of = trust indsnturs OF the Manila
Electric Railroad and Lighting Cooperation
dated september ! isis, snd seeuring An
isrss xsaf ] psr cent. Eold notsa n ~
The sun., 1919-09-17
DUTCH WANT CABLE RELEASE.
say Business with United states
Hampered by British Control.

AMsrnRpAM, Sept 16. - Financial
transactions with America and general
business on the Amsterdam Bourse. quo
tations OF which now are greatly depen-
dent on New York. have been hampered
so seriously during the last few weeks
by the delay in cable transmission from
London TO Amsterdam that. on repre-
sentations from the Dutch press. the
Foreign ONCE Is taking up the matter
with the British Government.
The British win be asked TO rellnquish
control Of the cable. New York quota
tions from London IN many Instances
hours
The sun., 1919-09-17

"On account of the fact that the
Fourth Of July came on Friday this year
and Of the proportionately small amount
Of work done on the following day the
falling of In the number of cars re-
paired in July. as compared with June,
is clearly explainable.
Much stress has been laid on the in
crease In the percentage Of cars with
drawn for repairs in the recent months
up to and including July. The fact is
that this increase in the number of cars
withdrawn for repairs has not been due
to a falling off in the number Of cars
repaired but has been due to a number
Of complex factors which have arisen
from the conditions resulting from the
war, from the exceptional pooling of
cars during unified control and from
questions arising between the Railroad
Administration and the railroad corpora
tions. The emphasis which has been
laid upon the percentage of cars with
drawn from service for repairs Is there
fore misleading and does not give a
correct idea as to the number Of cars
actually in service. The number OF cars
actually in service, not including bad
order cars, increased from 1.9s3,000 on
July l. 1917. to 2,065, 900 on July /, 1919.
"The Railroad Administration. how
ever. is not content with its ability to
point to the fact that transportation SER
VICE is more favorable than It was two
years ago. On the contrary, extraor-
d'nary efforts are being put forth to
secure the greatest possible Improve
ment. Although the number of cars re-
pired in May and June. 1919. was fully
uT to the normal number of cars re-
paired. the Railroad Administration gave
Instructions on June 20, 1919. that all
car forces be increased to the full stand
ard measure of forty-eight hours per
week and that additional shifts be
worked where the additional employees
could be obtained and where they could
BE- economically used. The showing
naturally to be expected from the put
ting into effect of these instructions
vas hampered in July by the interven-
ton of practically a double holiday and,
OF course, was temporarily prevented
IN August by the strikes of a large
number of shop employees. Conditions
having now been restored to normal, II
ID expected that these instructions will
promptly show most favorable result.
further than this, the Railroad Admin
Mrat!oa instructed on August 1e. 1919,
mat all car forces be put on a basis OF
ntty-tour hours per week. 1t is be-
heVed that this instruction will result
IN a marked Improvement also in the
monthly repair of a much greater num-
rer OF cars than the normal number and
VII steadily increase the number of cars
actually available for service as COM
pared with preceding years.
In addition to this the Railroad Ad-
minlstration is rapidly getting the ben
ent OF the service of large number OF
pe~ cars constructed during Federal
control but whose Introduction into SER
wee was postponed on account of in.
eollity to agree with the railroad cor
poratons as to the acceptance of the
Tals This inability has been overcome
snetween ssSn August 1 and September O
ESb64 Of these cars have been put into
service and they are now coming into
service under the spur of recent instruc.
NUNS at the rate Of over 900 per day
The sun., 1919-09-17
Mass. Has New Fair Price List.

BOSTON, Sept. ia reduction in the
price of yellow cornmeal, lard compound,
ham and bacon was shown in a new fair
price list issued to-day by the Massa-
chusetts Commission on Necessaries of
Life. The new price for cornmeal was
given as 6h cents to 7 cents a pound ;
lard compound, 29 cents to 33 cents a
pound; hams. standard whole. 3S cents
to 43 cents a pound, and standard
breakfast bacon in strips, 40 cents to As
cents a pound.
The sun., 1919-09-17
HINES ASSERTS CAR
SITUATION BETTER
savs Conditions Substantially
More Favorable Than Just
Before the War.
grRpLUsEs HAVE GAINED
Untitled Requisitions Are Less
and Cars in Service or Not
Laid Up Increased.

WASHINGTON, Sept. 1e.--walker d.
Hines Director-General Of Railroads.
,r,borized to-day the following state
ment relative to the freight car stu
alton;
"Current discussion of car shortages
and related questions makes 1t i'm
no-.ant TO bring to the attention OF the
rublIc the fact that, contrary to what
seems TO be the public assumption, con-
StIons in this respect are substantially
,nnre favorable than they were In re-
cent years prior to the war.
aon August /, 1917, the total car
,,,rnIuses reported throughout the coun-
INV were 43,481 cars, whereas on August
! 1919. the total car surpluses were
1o7 900. The total number OF untitled
car reouisitions on August 1. 1917, was
77q57. whereas the total number of un-
elIed car requisitions on August, 1919,
vas only 1921. The number Of freight
cars in service and not withdrawn for
repairs on July 1. 1917, was l,sSS,000.
The number of freight cars In service
and not withdrawn for repairs on July
/, 1919, was A065,000.
THE very fact Of unified control Of
al, the railroads has tended to concen-
trate TIE comments upon any inability
10 perform 100 per cent Of the trans
portation required, but the foregoing
figures show that the situation during
and at the end Of July. 1919. was very
much better than in the corresponding
period in 1917. II Is believed this fact
ought to be borne in mind by the pub
lie in appraising the existing oar ser
vice conditions.
THE extent to which freight cars
have been repaired in recent months
has been the subject of some comment.
The number of freight oars repaired and
returned to service by months during
the present calendar year has been as
follows:
The sun., 1919-09-17
offices and 5000 foreign selling agencies

offices and 5000 foreign selling agencies
in all parts of the world.
The eight upper floors OF the Grand
Central Palace will be taken up with
eight large expositions. to remain there
permanently The four lower floors viii
be used for short term shows, such as
annual automobile shows, flower shows,
motor boat expositlons. chemical exposi-
tions. &c.
The mining exposition will display the
modern machinery used In the develop
ment and exploitation Of metal mines.
non-metal mines and oil wells. and ma
chinery used in extraction, reduction or
refining of the raw products In the sub
seQuent processes Howard r. Ward,
The sun., 1919-09-17
MINE EXHIBITS OPEN OCT. Is.
n Number OF Exhibitors Necessitates
an. Earlier Date.

Owing to the large number OF ex-
hibitors the International Exposition Of
Mining Industries will open in the Grand
Central Palace on October Is instead Of
on November l as originally planned.
All of the exhibits are under the man
agement OF the Merchants and Manu-
facturers Exchange of New York, an or
ganization owned and controlled by the
Nemoure Trading Corporation, of which
Alfred. l. du Pont 10 president The
Nemoeis corporatiea has ninstsen branch
The sun., 1919-09-17
BRITISH RENEW TRADE ROUTE.
saiIinEs to Brasil and River Plate
by Three Vessels.

SOUTHAMPTON. Sept. 16. - Sailinss
from here to ports on the River Plate
and to Brazil are about to be resumed.
The service is made possible by the
restoration to the merchant marine OF
the steamships Orbita and Andes. $4,000
ton vessels. and the Avon, an 1900 ton
steamship, which had been used by the
Government as armed merchant cruisers
The sun., 1919-09-17
Exports From New YORK,

Wheat. 823.45s' bu. alcohol. Ans
bbls, oil cake. 4,086,soo lbs stearine,
$1,000 lbs. lard. 2.727.2T0 lbs. malt.
20.264 bu flour. e.sbs sacks; lubricat-
ing oil. 22075o galst tallow, $4,000 lbs. I;
bacon. s.741.1bo lbE'A
The sun., 1919-09-17
Paris Bourse Trading.

PARIS, Sept 16.-Trading was quiet
on the Bourse to-day. Three per cent.
rentes, go francs rs centimes for cash !;
exchange on London, 3S francs 20 CEN
times per cent. loan, 90 francs 10
centimes. The dollar was quoted at 0
francs 1917 centimes.
The sun., 1919-09-17

Coffee Cables-Rio was 12I reis higher for 7s
at lltO25 Exchange l-32d, lower, at l4S,d. Re
celpts 1000 bags and stock 46s. 900 bags
In santos spots were unchanged at isS0O0 for
Is and l6SOOo for rs. Futures were Is to 45O
rels higher. Receipts 1900 bags and stock
1906, 0o0 bags.
Receipts at the ports were 81, 900 bags against
$1,000 last year and s., go two years ago sac
Paulo had 26O00. against 1900 and 90 600 and
Jundlahy 10000. against Is, 600 and as 900 bays
respectively.
tlne weather was reported in four districts
OF Sac PRulo and cloudy in one with tem.
peratures ranging from 4 to e5 degrees
The sun., 1919-09-17

payable II sufficient funds are received
from the United States Government
tDlstribution of rental.
The sun., 1919-09-17
BRAZILIAN COFFEE srATIsrIcs
DIVIDENDS.

Stock Of Pay
,, Record. able
Aericai Chem. Co. Co. u pf. ff'';Ts'' a. " Oct ID
AM M" Surety Co.: q. Sept s ss soss Oct u
Atlantic National Bank. q.
Bank Of New York. a. So SEPT SEPT se 0e; 0e;,
Bankers Trust Co.. q, So Sent. 20 Oct !
Barnet Leather Co.. Inc,
ceatrs! P' ! eSai Coke Cos Sept Is Oct
Central Coal & Coke Cos sept 80 oct 10
Central Union Tr. Co, q: ~ o'''
csye'. ' Gin, Chi ST l.. sept % Oct
nRbrs nRi r!s:; Co. 20 sspt. esi 81 Il
Finance D9 &c Sx + Tradins CORPS rpys.n, % -, :,
Greenwich Bank Co., a, o'''
IsiaSd Creek Coal. a. ST. sept SEPT ~ as Oct; Oct
Island Creek Coal pf, q.
.viHg $50. Sept. % Sept 80
IL. -, Sept. 80 Oct. Is
: portstIon Co., q, ~ x, Sept. "a Sept. 80
s1.25: -; -. :. Sept. 20 Sept. so
q, ia a%S..:.,;,.:;.,o... Sept. II Sept so
old Colony q Wooden Mills. a. sept 20 Oct
old Colony woOlsn Mills pf,
okiahoas Xxi on e Producing q Re- sept % Oct
fning Co, q, $751;. Sept. 10 Oct. 2
IH% .;..s::;.,...t.. ~ Sept. 30 Oct Is
Port Arthur Shipbuildlng
Co. Ltd. q, SO, Sept is Oct
Port Arthur Shipbuiiding
Co, Ltd, pf, q, IN q. Sept. is Oct
Punta Allegro Sugar Co.,
si25 ..................Oc Oct. Oct 20
Reading Co., q, 2sS...,. oct. q Nov. Is
Reading Co, I'd pf, q, l 70 Sept 3S Oct. Q
fridge Az. Pass. Railway
Co, q, sS........,......- Oct. l
steel & T, co. OF Am, q.
1Aqo -. .........,.: Sept 20 Oct. /
St. Louis Rocky Mountain
Pacific CO., q. les -. Sept. 80 Oct. 10
Toronto. Hamilton & Buff.,
Troy Laundry Machine Co.
Troy 1ya,i iisandrs 81 dS 'SMachine: Co.
Ltd, pf, q, 2%
West va. Coal & Coke, sSs. Sept. 10 Sept. 2S
westmoreland Coal Co.. q,
an%.... -. ........ Sept 1s Oct. /
The sun., 1919-09-17

manager Of the mining exposition, has
returned from an extended tour through
the mining centres to prepare for the
opening. 1t is TO be the most compre-
hensive Industrial exposition since the
end OF the war.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-04-17
The Trout Crop.
Rutland News.

The trout fisherman who does not find
his catches of satisfactory size should ask
himself one question before making any
complaint: What have | done in the way
of restocking the waters of Vermont?
The trouble with the large majority of
fishermen is that they expect to take out
of the streams and lakes regularly each
year an abundance of trout and other
fish, without doing anything to supply
those waters with fry or lingering. Fish
do not come from the water or the air
or the gravel bottoms. Like any other
crop, to be reaped they must be planted.
The fishing in Vermont would be many
times more attractive than it is if more
of our sportsmen paid the proper amount
of attention to the propagation and pro-
lection of the finny tribe
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-04-17
Todays' Events

Maundy Thursday
The Texas Federation of Music clubs
meets il annual session today at Sherman.
Wholesale grocers of New England are
to hold their first annual convention to-
day in Boston.
The case of Frederick I. Woodman,
mayor of Los Angeles, under Indictment
on a charge of receiving a bride, is sched-
uled to come to trial today.
Several eminent educators are to be
heard at the annual meeting of the
Southern Association of College Women,
opening today at Columbus, Miss.
Problems arising in the different arts
as a result of the war will be discussed
by the Eastern Arts association, at its
annual convention to begin today in New
York city
Senator Hitchcock of Nebraska, chair
man of the foreign relations committee
in the last senate, is to speak in Boston
tonight under the auspices of the league
to enforce peace.
Two associate justices of the supreme
court of the United States are in line for
birthday greetings today, Justice Day at
tanning the age of 20 years and Justice
Van Devanter reaching his Goth milestone
The first important speech since his
election to the speakership of the house OF
representatives is to be delivered by Con
gresham Frederick II. Gillett at a dinner
to be given in Boston tonight under the
auspices of the Home Market club.
! The development of foreign trade, the
establishment of national merchant ma
rine, and the utilization of inland water
ways will be the chief subjects of discus
| sion at the second annual convention Of
the Mississippi Valley Waterways asso
citation, which assemblies in St. Louis to
| day for a two-day session.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-04-17
THURSDAY, APRIL II, 1919.
AN INJUSTICE TO LABOR.


Our sympathy is with Matthew Vol
of the labor committee of the American
Federation of Labor when he took ex-
ceptiOn to the remarks of Prof Irv-
ing Fisher, the economist of Yale Uni
versity, at Boston the other night In
his address before the Economic club
Prof. Fisher said:
when the war broke out the weak
spot in our patriotism lay in the la
Dor class. We found that labor was dis
affected, lukewarm in certain cases,
and-as in the case of the I. w. W
positively disloyal A class loyalty
had suddenly taken the place to some
extent of loyalty to country
Mr.. Woll in his reply said: 81 want
to make the emphatic declaration that
there was no element in our society or
in our government that has been more
loyal and more patriotic and more de-
voted to our nation and its principles,
and to the cause for which we entered
the war, than labor, organized as well
as unorganized He also cited the
action of the federation before war was
declared pledging its utmost devotion
in support of the government.
Mr.. Vol is right, labor did its full
share for the cause of worldwide dem
ocracy and that fact should be freely
recognized Prof Fisher is wrong in
| trying to place on labor the stigma of
the |. w W. That is not a labor or
| ganization but distinct destructive
organization opposed alike to honest
labor and honest wealth. Its disloyal
| ty to the country in war time was nc
greater than its disloyalty in time OF
peace.
We cannot hope to bring harmony
between labor and capital by dscredit
| ing labor at the outbreak of war. La
Dor may not be correct in all its ideas
but we cannot correct its mistaken
notions by disappearing its attitude
at that time. We concede to labor {
spirit of loyalty and patriotism thai
was of invaluable assistance to tht
whole country in its hour of crisis anC
hope that in the necessary readjust
ment of peace it will show as broad
and sympathetic spirit as it did il
the worldwide struggle.