davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-10-24
Famous Players
Lasky Corp. to
increase Capital
Offering of $lO,OOO,OOO
Convertible Preferred
Stock Will Be Made if
Stockholders Approve

To provide for the extension of its
business the Famous Players-Lask
Corporation has called a special stock
holders meeting for November 10. to
authorize an issue Of $4,000, 900 con-
veritable s per cent preferred stock and
an increase in the common stock of ESQ.
600 shares of no par value.
According to the official announce
ment of the company's new financing
plans yesterday, 1t is the intention to
issue at this time s10,o0O,00O of the
preferred. Of the additional common.
approx 1872, 900 shares will be
set aside to provide for the conversion
not only of the S10,0O0,0OO preferred
about to be issued but of the remain
ing authorized slo,ooo,ooo as we'll.
The preferred stock to be issued is
being underwritten by syndicate
headed by Dominick & Dominick and
Hallgarten & Co., acting in conjunction
with Kuhn, Loeb & Co. A new finance
committee has been organized, consist
ing of II. d. H. Connick, chairman; :;
Frederick G.. Lee, president of the Irv-
ing Trust Company: Gayer G. Dom
mick, of Dominick & Dominick: Maur-
ice Wertheim, of Hallgarten g. Co., and
Adolph Zukor, president of the moving
picture enterprise. MIR. Connck has
reigned as vice-president of the Amer
lean international Corporation to be-
come identified with the Famous Play
crs organization.
The new preferred carries with it a
conversion privilege into the common
stock at $t1O share up to November
80, 1920; at sl15 share up to Novcm-
Der 80, 1921, and at $l20 a share there
after. Provision will also be made, il
was announced, for IL reduction of the
conversion price If additional common
New-York tribune., 1919-10-24
Wide Range in Bids
For Government Plant

WASHINGTON. Oct. 23.-Until 3
careful analysis is made Of the ten
bids received to-day by the War De-
partment for the government smoke
less powder plant at Nitro, w. Va, no
acceptance will be announced by the
department. The offers, which range
in amount from s8,32O,000 to $4,000
600, contain conditions and stipula-
tions on the part Of the bidders that
make q careful study before definite
decision is made by the department,
Assistant Secretary of War Crowell
said.
The bidders and the amounts offered
follow:
John F. Gilmore, New York, ss,32o,-
600; Hooker Electro Chemical Com
pany, New York, $S,200,oo0; Rignald
w. Beall Washington, s8,00O,O 900:
Harris Bros. & Co., New York, ST.
100000; Charles Shongood, New York
S7,000,000; Fred F. Blanchard. Boston
s7,OOO,oOo; Charleston Industrial Cor
poration, Charleston. w. Va, $6,3OO,-
600; Robert J. Showell, Ocean City
Md, $4,000 900; John Eichleay jr & Co..
Inc, Pittsburgh, S6,192 1888: Lake Rail
way Supply Company. Chicago. $6,-
000
New-York tribune., 1919-10-24
Bethlehem Steel
Buys Elkins Coal
Annual Output Of Property To
Be Doubled; Large Coal
Reserves
Reserves

The Bethlehem Steel Corporation an
nounced yesterday that it had pur-
chased the Elkins Coal and Coke Com
pany, West Virginia corporation
owned and operated by the heirs OF
the late Senator Stephen B. Eikns.
Completion of the transaction provides
the Bethlehem company with i.s full
requirements for cokng, heating and
steam Goals
The Elklns property consists OF 46-
600 acres OF coal lands. with coal re-
serves Of more than 100000 900 tons.
1t is equipped and developed for aG
annual output of l 100000 tons, which,
1t was stated, would be increased 10
100000 tons. Concerning its opera
tions the Bethlehem company an
nounced
The shipbuildng plants OF the cor
poratlon are operating at full capacity,
with no dlmlnution of orders on hand.
New business is being booked at
rate in excess of billings. The stees
plants other than the rail mills are
running at full capacity, with an III
creasing volume of new business offer
ing. The railroad buying is still below
normal, but general commercial lines
are rapidly filing the capacity usually
operating on railroad orders"
1t was stated that the Bethlehem
corporation is continuing its pro-
gram of extensions and additions
TO plants, having spent to date this
wear over SIS 0o0.000 for new construc-
ton. a number of new plants are just
now coming into operation, and over
the next five months a material m
crease in capacity will become avail
able.
The board yesterday declared the
regular quarterly dividends OF 4 per
cent on the A and B common stocks,
payable January to stock Of record
December Is.
New-York tribune., 1919-10-24
Manipul8tiOn

The Street was as much mystified
over the sudden accession of strength
in Lackawanna as it had been in the
case of Republic the day before. The
real explanation appeared to be this:
group of professional operators, find
ing comparatively small floating sup
ply of Lackawanna stock in the mar
ket, concentrated their efforts on that
particular issue with a view TO putting
it up" The appearance of unwonted ac-
tivity in Lackawanna attracted, as has
been the case with other issues in this
market, large following Immediately
and the combined buying was of such
volume as to shoot the stock ahead vio-
lently. Profit taking tells the story of
what happened afterward. Market OBJ
servers of long experience, in dis
cussing the unusual performance of
Lackawanna Steel, declared that such
movements are not surprising when one
takes into consideration tn efact that
large amounts of stock are being held
off fthe market because big holders
feel that they cannot afford to take
their profits owing to the heavy taxes
they would have to pay the government
Professional operators brokers say,
search out issues in which there is
onl va small floating supply and then
let loose whirlwind buying campaign
calculated to bing in outside buying
Their efforts along this line in the past
fortnight have been signally successful
New-York tribune., 1919-10-24

stock is isuued at less than 500 a
share.
On September 27 the Famous-Plav-
ers company had net assets, exclusive
of good will, of s22,326,443. Net earn
ings for the first six months of 1919
amounted to $2,439,337 before taxes. or
at the rate of nearly s5,0oO,OO0 for the
tull year Stockholders of record on
Novembe 13 will have the right to
subscribe up to November 90 to one
share of the new convertible preferred
for each two shares of the common
held. Payment in full must be made
to the Empire Trust Company on or
before November %.
New-York tribune., 1919-10-24
Accumulation or Distribution

Transactions in Union OIL Of Della
ware, a comparatively new issue on the
exchange, have been running in the
neighborhood of 10000 to 25 900 shares
day for moro than week without
causing any material change in the
market position Of the stock. Whether
this represents accumulation or distri-
button is question that is puzzling
holders. Yesterda ythe stock declined
q small fraction on turnover of 2O,700
shares. C. H. Schlacks, president, who
is in Los Angeles, wired the local Office
of the company that the operating man
agement Of the Columbia Oil & Pro-
ducing Company, had been formally
taken over by the Union Oil Company
bf California. According to the tele-
gram important negotiations for the
acquisition of new properties have been
concluded and details will be an
nounced shortly.
New-York tribune., 1919-10-24
The Dollar in Foreign Exchange

Exchange on Italy declined to a new
low record yesterday, when the rate
went to 10.45 lire to the dollar. Bank
ers said that the situation with re-
gard to Italian exchange was serious
owing to the failure of that country
to obtain much needed credits here
Sterling exchange continued under
pressure, and demand bills went to
$4.15, recovering at the close to
S4.l59s. Cables closed at $4.16as
Exchange on Paris held steady.
Quoted dollars to the pound):
New-York tribune., 1919-10-24

After the selling movement had sub
sided somewhat an effort was made to
turn speculative interest to the rail-
way shares, which were bid up vigor-
ously for time. The rised id not
carry far, however, and soon lost it's
momentum when there was a revival
Of selling in the industrial end of the
market AS q rule stocks closed not
far from the bottom, although there
were exceptions.
Offerings of call money were liberal,
and there was an abundant supply of
funds available at s per cent, which
was the highest rate touched. In the
afternoon, when stocks were weak, the
rate dropped to AZ per cent.
The number Of stocks bought and
sold on the exchange was 311, COM
pared with 317 on Wednesday, while
dealings amounted to 2,208,900 shares
New-York tribune., 1919-10-24
Money and Credit

There was again ali abundant sup
ply of call money available in the To-
cal market yesterday at comparatively
low rates. The opening and renewal
rate was 6 per cent, and in the after
noen the market eased off to Az per
cent. Borrowings on call approximated
S35 900 900.
The ruling rates for money yester-
DAY. compared with a year ago, were
as follows:
\ Call money:
New-York tribune., 1919-10-24
Worlds Record in Steel Output

The Jones & Laughlin Steel Com
pany reported yesterday that their
Woodland plant has broken the worlds
record for one days production. having
produced 1855 tons Of metal in twelve
hours. The record was previously held
by the Tennessee Coal and Iron Com
DnOv
New-York tribune., 1919-10-24
A Correction

In the announcement OF the offering
Of new issue Of s3.0o0,000 II. H.
Madison & Co.. nc. per cent cumu'
lative preferred stock in yesterday
Tribune the Offering price was given
incorrectly, reading Ga and accrues
dividend. instead of 9S12 and accruea
dividend.
New-York tribune., 1919-10-24
Seeking to Extend Bond Maturity

Bankers identified with the affairs
Of the International & Great Northern
Railroad state that efforts are being
made to extend the company's issue
of $11 ,291 900 first mortgage per cent
bonds, due November 1, for period
Of three years at an interest rate of
7 per cent. The plan, it is said. awaits
only the formal approval OF the rail
i've. Holders of the bonds who acquiesce
to the extension arrangement will be
paid the November l coupon. while non
depositing bondholders will be asked
to await adjudication Of their claims.
New-York tribune., 1919-10-24

changes, 5,576,2oo; balances, s75,
363.794.
Sub-Treasury-united States Sub
Treasury credit balance, s26O,672; Fed
Siiver-London, 637sd: New York
sllSas; Mexican dollars, 93@97c.
New-York tribune., 1919-10-24
In Wall Street
'swhat Do You Think Of the Market ?"

A member Of a Stock Exchange
firm: Public participation has at least
doubled within the last en- days.
think that means the pace is getting
too fast"
New-York tribune., 1919-10-24
CASTOR. Williams Dividend Passed

The passing of the quarterly dividend
of 80 cents a share by CASTOR, Williams
& Wigmore directors was explained by
the announcement of impaired earnings
due to the adverse foreign exchange
situation and shipping difficulties. The
dividend record of the company shows
that an initial payment of 81 share
was paid July 26, 1915. This rate was
continued quarterly until last May,
when it was cut to SO cents. There are
outstanding 10000 0shares of no par
value. On the announcement of the
passing of the dividend the stock de-
clined from 31ss to 20 and closed at
29A for a net loss of points. The
low for the year was 25T.
New-York tribune., 1919-10-24
Bank of England

LONDON, Oct 23.-The weekly state
ment Of the Bank of England shows
the following changes:
Tot. resve .s23.O7s 900 Inc g2so,0oo
Circulation. S3i1o'o00 Dec 2e2. .O09
Gold . SS.040 t0i Dec 1877
O.her secu. 31t3 600 Inc 54l 900
Pub. depos % Az ana Inc 900
Other dep 1l4'790o00 Inc 43.ss4 OQe
Notes res've ~ 2S3 o0o Tnc. 9e2 0Cs
Gov secur.. So.767.ooo Inc 44.2ss.Ooe
The proportion of the banks reservs
TO liability this week is 1880 per CENT
last week il was 1870 per cent. Rate
of discount, per cent, unchanged
New-York tribune., 1919-10-24

Lackawanna Steel's performance yes
terday was in many respects even more
spectacular than that Of Republic Steel
the day before. 1t was the most violent
movement during the brief period it
lasted that Wall Street has seen in a
long time, which is saying good deal
The closing price Wednesday was Ss1a
1t opened yesterday rather quietly with
a block Of thousand shares at 89N,
fell bac kto 88A, then became more
and more active and the price began to
mount steadily. At the end of the first
half-hour ths real display of fireworks
was uncovered when Lackawanna
jumped from SO to 103. Bib blocks of
stock were taken on the rise. At the
top 800 shares were sold, after which
the selling orders began to appear and
the movement quickly subsidized, with
subsequent drop to 81, where it showed
a net gain of 21s points.
New-York tribune., 1919-10-24
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
Stocks

Copyright, 1919 New Tribune 1nc.)
New-York tribune., 1919-10-24
Many New Preferred Stock Issues
More than $500. .OOO. 900 new nreferr,

M0re IMAM $6UU,UUU.UUU new preferred
stock issues have been foated for
financing purposes since the first of
the year, according to a compilation
by Dow, Jones & Co. These offerings,
it is pointed out, have been successful,
despite tight money and severe compe-
tition in the form Of the Victory Lib
erty Loan and foreign government and
municipal and state borrowings. Among
the more important industrial preferred
stock flotations Of the year have
been the $98,33S,300 Offering of the
Standard Oil Company of New Jersey,
50,000,000 convertible 6 per cent de-
bentures of the General Motors Cor
poration, s2o,000,000 preferred stock
of the Atlantic Refining Company, and
others. The rates on selected list of
1875 companies showed yield not
lower than 7 and per cent.
Evening journal., 1919-11-11
BLIND, find
HIN DEAD AT
END OF ROPE
IConIinucd From First PAGE

Nf"HfAAh'A NNlii lilnh FdtNsi
past three months, was painter I'm
The employ OF the Pennsylvania Rail-
road Company. lie had been operated
on at a Philadelphia Hospital several
months ago. Ills condition grew stead
ily worse, however, and his former en-
ployes had taken an Interest In his
case and raised a fund OF several hun
dred dollars for him. The man had
worked hard 10 secure a home for his
family.
Several days ago two OF his four
small children, whose ages range from
is months 10 Q years, We're stricken
with scarlet fever and 10 make matters
worse, one Of the other children re-
Gently fractured an arm. The aged
mother Of Young. Mrs. Ella Willis. lived
with him and his wife and she. too. Is
threatened with blindness. These facts
evidently worried Young until he made
up his mind 10 commit suicide.
Young occupied q bedroom with one
of his young daughters and this morn
Ing when she awoke and missed her
father. she called her mother. Afler
searching the rooms without success.
Mrs Young went 10 The cellar. only TO
be horrilled by finding the body Of her
husband. aliired In his night clothing
hanging from a rlflcr.
The police were notified and the ann
bulance crew went 10 tlle Young home
but Young was beyond human aid. The
case was reported TO the Coroner.
Evening journal., 1919-11-11
Mrs. RIDGELY HEADS
tate SUFFRAGISTS.
Elected President of Della
ware Association at Dover
Meeting Yesterday .
MRS. RAYMOND BROWN
MAKES AN ADDRESS
;pecIal 70 The EyenIng JournaI.

Special TO The Evening Journal
DOVER. Nov. il.-At the afternoon
session Of the twenty-third annual-eon-
,ention OF the Delaware Equal Suffrage
Association yesterday afternoon these
officers were elected:
President. Mrs Henry Ridgely, Dever'
arst ylce-presideni, Mrs. w. Harman
Reynolds, Townsend; second, Mrs. W. 5
Morse, Seaford; third. Miss Agnes
Downey, Wilmington; recording secre-
larry, Mrs. Jane W. pennewill, VIII
mingtOn: corresponding secretary, Miss
Winlfred Norris. Dover; treasurer, Mrs
John r. Eskridge. Seaford; auditors,
Mrs. A. d. Warner, Mrs. Willabolla
Shurter, Wilmington.
The following committee made two
nominations for each office from which
The officers were elected:
Miss Ella W. Johnson, chairman
Josephine NJ. r. White de LacOur, NJ.
o.; Mrs. John r. Eckridge, Mrs. Samuel
H. Derby and Mrs W Harmon Bey-
nolds.
The afternoon session Of the conyen-
zion was held at the Dover Century
Club.
The report OF the treasurer. Miss
Agnes Y. Downey. OF Wilmington,
showed the receipts for the year 10
have been sii33S9 and disbursements
si05G30, leaving a balance in the treas
ury Of s3SI57 which with a credit in
the savings fund, made a total balance
OF J66. The report was greeted with
applause.
The report Of the corresponding Sec
relary, Mrs. ]. W Pennewill told Of
practically an the events of interest
iuring the year i'm suffrage work. In
'luded in the report was the announce
nent that the association now has 30
Well-organized societies in the state, all
working for a special session Of the
Delaware Legislature for the ratiflca-
lion Of The suffrage amendment.
Mrs Robert Dickinson, a Y. ". e.. 4.
worker who has just returned from
work in China, Japan and other coun-
.ries gave an interesting talk on the
work OF that organization i'm those for
5ign countries. She said the women Of
China. Japan and the other nations
'cross the sea are eager for Christian
enlightenment.
The evening session Of the assoca-
dion was held in the Dover Opera
House. The meeting was opened with
prayer by the Rev. Floris Ferwerda, of
ne Dover Presbyterian Church James
/. Hughes made the address Of wei
come. Ernest Warwick Of phila-
delphia sang a baritone solo. This was
followed by the address Of the evening
1y Mrs. Raymond Brown, fourth vice
president Of the National American
Nomen's Suffrage Association, who
spoke mainly Of the advantages in Civ
ng women the right OF suffrage as 70
lome, State and national affairs.
Mrs. Frank Hall Davis OF Dover and
Mr. Warwick OF Philadelphia. delighted
The audience with a duet
The exercises closed with singing the
Battle Hymn Of the Republic"
Evening journal., 1919-11-11

from an alloyway into the rear OF the
store. This required considerable time
and no doubt caused much noise. The
bars were marked In many places by
the chisel.
once inside the robbers took their
time In the store A number Of apples
that were In the store were consumed by
the thieves, apple cores being scattered
from the second floor TO the cellar Of
the building.
From the repair department twenty
four revOlyers. under course Of repair
ing, were taken and also seven new
weapons. In addition parts OF guns
being repaired were stolen and boxes of
ammunition were broken open and the
contents removed. one autOWatic pis
tol was lefl, The robbers iamming the
bullets into the clip wrong. causing II
TO be put out Of COMMISSION.
The thieves also visited the show
windows along French street, and with
large electric light Illuminating the
street removed flashlights that were
in the windows. The batteries, which
were on shelves in the store, were also
taken.
Among the reviewers taken was All
oAidlzed nlekel-plaied 3s-calibre colt,
ON - frame, with a special holster
This weapon was owned by Mr.. Hart
love and was a gift.
In speaking Of the robbery today, Mr..
-Hartlove said when his place was rob
bed on October 4 Of a number Of guns,
the Philadelphia police recovered four
and exacted more money for them for
the pswnbrokers than they cost him.
As the guns recovered had been stolen
from. him, he did not think that he
should be compelled TO buy them back.
owing 90 these conditions. he said
today. that had the robbery not been
reported. he would not have made any
complaint.
Mr.. Hartlove also said that while he
made the loss Of his customers good
before, he would be unable to do 50
this time.
The window leading into the repair
shop. which was forced today. opens
into an alleway which leads TO Third
street. Directly across from this win
dow Is the yard Of a dwelling owned
by Mr. Hartlove. but the occupants
were not aroused during the night by
any unusual noises.
Evening journal., 1919-11-11

ille Of the miners will obey and re-
turn TO work The union Then will
be in a position. 70 was emphasized, TO
call a new strike when peace Is rati-
fed and the Lever food and fuel act is
repealed
Sooner or later labor leaders said,
the miners must fight finish battle
With the operators.
Miners will be in a position 20 ne
gotiale with operators as soon as ma
jorlty are back at work. Il was pointed
out. In this the labor officials feel
the Government must help.
The Labor Department early today
was watching the situation carefully
ready 20 offer It's good offices toward
mediation when the time seems op-
perfume for opening Of negotiations.
lt viii be up TO the officers OF the
miners union to get all the men back
to work. nrst, Labor Department Off
cials said.
Attorney-General Palmer early today
refused to comment upon the announc-
ed decision OF the United Mine Workers
union officials to call Off the strike.
Il do not wish 10 comment until I
see a copy Of the order terminating the
strike" said Palmer.
Palmer expects 10 receive a copy or
the order when it is submitted to Judge
Anderson for his approval.
kilograms poured into Palmer's
office from all parts OF the country.
most OF them indicating That the writ
ers believed he has won a victory "for
law and order"
Evening journal., 1919-11-11
AW0KE To FIND
BURGLAR in ROOM

Local relatives Of Mr.. and Mrs. Frank
lin Hutton. Of South Grange, n. j., for
merly Of this city. have received word
Of their home being robbed last Friday
night and their iewelry stolen. Mr..
Hutton for many years was employed
at the plant Of Joseph Bancroft and
sons Company, OF this city. His mother.
Mrs. John Hutton lives at North East,
Nd.
Mrs. Hutton last Friday night. on be-
ing awakened by a noise in her room.
saw a Negro with a flash light I'm one
land and black jack in the other. near
Ter bed. Terribly frightened, Mrs. Hut
.on made no outcry while the intruder
was ransscking the room lie left by
way Of the window after which she
screamed for her husband. As Mr.. Hut
on did not appear she went TO the ad-
Joining room where she found him in a
stupor as the result OF chOloform used
by the burglar. Mrs. Hutton got
good look at the Negro while he was
in her room. She afterwards recog-
nized his picture in the rOgue's gal
lery. The Negro had not been found up
until today.
Evening journal., 1919-11-11
PAY SCALE OF
RAILROADERS
IS UP TODAY
ILontimed T1om page OneJ

AIONllNufu I ION rage ULesl
creased living costs Demands OF both
organizations were submitted early last
summer and examined by the railroad
wage adjustment hoard
The rank and ille OF both organlza-
lions are threatening strike unless the
demands are met. il 4 emphasized
Although Hines has given no inking
OF what his reply viii DE, % Is not
expected he Will grant the fun de-
msnds
Hines, 70 Is presumed. win call The
attention OF the brotherhood officials
10 a decrease in the cost OF living Of
approximately ~ per cent. as reported
by he statistics bureau OF the Labor
department President Sheppard said
lhal no matter what Hines reply Is.
he viii call for referendum vote OF
the membership Of his organization.
President Lee also is expected 10 call
tor a vote.
officials said the rank and lle OF the
other A. big railroad unions are anX-
iOusly awaiting the result OF t0day's
conference as having a bearing on de-
mands presented by them.
The A. railroad unions are acting I'm
conjunction through the railway de-
parimcnt of The A. p. OF L., according 10
President Sheppard. Through this de-
partmenl 10000 railroad shopmen re-
Gently demanded wage increases aver
aging % per cent
Hines. al the suggestion OF President
Wilson. offered an increase OF 3 per
cent. The shopmen accepted the Oifer
and called or a strike which already
had been ordered. They served notice.
however that the strike was postponed
only 10 give the government a reason
able time In which 10 force decrease IN
living costs
"The reasonable time" was roughly
defined as three months. This period
now is regarded as having expired.
their officials, The shopmenl
now are expected 10 make new repre-
sentations TO Hines.
Before meeting Lee and Sheppard,
Hines is expected 10 discuss the gem
eral railroad labor situation with heads
OF the four big brotherhood unions.
This conference viii include Lee and
President Warren 5. stone
on the Brotherhood Of Locomotive En-
gineers and President Timothy Shea, OF
The Brotherhood OF Locomotive Fire
men.