davidaulloa/AmericanStories huggingface dataset:
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05
SPECIAL ELECTION IN CHAP
|PELLS SCHOOL DISTRICT NO. SO
STATE OF SOUTH CAROLINA,
County of Newherry

STATE OF SOUTH CAROLINA,
County of Newberry.
Whereas, one-third Of the resident
electors and like proportion of the
resident freeholders of the age Of
iwenty-one years in the Cha appells
ISchool District, No. 80, of the County
of Newberry, State of South Caro-
lima, have filed petition with the
County Bosrd of Education of New.
berry County, South Carolina, peti.
tioning and requesting that an cleo.
ton be held in said School District on
the question of levying an additional
tax of three (3) mills on the taxa
BILE property within the said school
district.
Now, therefore, we, the undersign.
ed, composing the County Board of
Education for Newberry County, South
Carolina, do hereby order the Board
of trustees of the Chappells School
District No. 80 to hold an election on
the said question Of levying an ad-
ditional tax of three (3) mills to
be collected on the property located
within the sale School District, which
said election shall be held at Cole
man and Scurry's Store in the said
School District No. 80, on Saturday,
the I'd day Of August, 1919, at which
said election the polls shall be open
ed at z a. m. and closed at p. m.
The members of the Board of Trus-
tees of said School District shall act
as managers of said election. Only
such electors as reside in said School
District and return real or personal
property for taxation, and who ex-
hibit their tax receipts and registra'
ton certificates as required in gener'
al elections, shall be allowed to vote.
Electors favoring the levy Of such tax
shall cast ballot containing the word
eyes" written or printed thereon, and
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05
ASKS HOUSE
TO POSTPONE RECESS

Washington, Aug. President
Wilson late today asked Speaker Gil
lett of the house to postpone it's re-
cess until definite action was taken
on his request that congress set up a
committee to pass upon wage in
creases asked for by railroad employ
es. An identical letter was sent to
Representative Mondell, the Republi-
can floor leader.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05

and my troubles caused by that weak
ness are thing Of past. Allwomen
who suffer as I did should try Lydia E.
Pinkham's Vegetable Compound. -
Mrs. JAS. RoERBERG, 620 Knapp ST.,
N. S., Pittsburgh, Pa:
Women who suffer from any form of
weakness, as indicatedby displacements,
inflammation, liberation, irregularities,
backache, headaches, nervousness or
"the blues" should accept Mrs. Rohr3
berg's suggestion md give Lydia E.
Pinkham's VegetaD.s Compound
thorough trial.
For over forty years it has been
correcting such ailments. IT you have
mysterious complications write for
advice to Lydia E. Pinkham Medicine
Co., LYNN, Mass.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05

truth will make them free" yet lift
no finger to hand them the key to the
truth?
Many worthy drives are going on;
but in working for this you will work
for them all.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05
LEVER BECOMES
MEMBER OF BOARD.
Lexington Man Thanks People of the
Seventh District for Confidence
Shown in Him.

lP. H. MCGOWAN in The State.
Washington, D. c., Aug. 1.-As-
bury Francis Lever, for Is years a
representative from the Seventh con-
gressional district of, South Carolina
at / o'clock this afternoon ceased to
be member of congress.
= In the presence of Mrs. Lever, lit
tie Mary Catherine Lever, Senators
Smith and Dial, the entire delega-
tion from South Carolina at present
in Washington with a number of the
agriculture committee of the house
and other members of congress, AS
sistant Secretary Shouse, Judge Lob
dell of the farm loan board, and
friends from South Carolina in Wash
ington, including B. Hart Moss Of Or
angeburg, First Assistant Secretary
Leffingwell, as master of ceremonies,
had the oath of office administered
to Mr.. Lever who thereby became a
member of the farm loan board to
fill vacancy. of five and a half
years created by the resignation of
Herbert Quick, a noted magazine
writer and student Of farm econo-
mics.
Shortly before noon today Con-
gresham Lever dispatched the fol-
lowing telegram to Governor Cooper:
81 hereby tender my resignation as
representative in congress from the
Seventh congressional district of
South Carolina to take effect August
first nineteen hundred and nineteen.
Immediately upon the convening of
the house, through friends, he placed
in the hands of Speaker Gillett the
following letter:
81 have this day rendered my res
ignation as representative in con-
gress from the Seventh congressional
district of the State of South Caro-
lima to the governor Of said State,
the same to take effect. August 1st,
1919"
These formalities terminated his
long service in the house and elevated
him to a position second only to a
place in the cabinet, place which,
from thought and experience, he is
regarded by his associates in con-
gress, and elsewhere, as eminently
qualified to fill.
+ When Mr.. Lever was asked if he
desired to make any statement, he
said, 81 only desire to express to my
friends in the Seventh congressional
district, and the State, my deepest
and sincerest appreciation Of their
long and continued confidence in me.
/ have tried to serve them with fidel-
ity and earnestness. l leave service
to enter into field of larger useful
ness for them and the country at
large. l want to express by thanks
it is more than thanks-1 can not
describe it, to each and all whose con-
fdence in me through the years has
remained steadfast and mistaken,
! and to say that until my successor
is elected l wish the people Of the dis
; trict to know that as far as it is pos
sible for me to do it I shall be more
; than happy to attend to their wants,
and they may reach me by addressing
me in care of the farm loan board at
Washington.
Scenes of pathetic parting evil
denced the sincere affection in which
Mr.. Lever is held by his associates at
the capitol.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05

q "CdhA1Co0 "AAASA&
caused backache
and headaches. A
friend called my
attention to one Of
your wspaper
advertisements and
imm edia tely my
husband bough t
three bottles of
Lydia E. Pinkham's
V eg a BILE Csrn=
pound for m e.
After taking two
bottloo 7 feit fine
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05

each elector opposed to such levy shall
cast ballot containing the word mo"
written or printed thereon
Given under our hands and seals
his, the 18th day of July, 1919.
c. NJ. WILSON, IL. s.
O. B. CANNON, q. s.
J. B. HARMAN, G.. 81
County Board of Education for New
berry County, S. c.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-08-05
HUSBAND
Saves Wife
From Suffering by Getting
Her Lydia E. Pinkham's
Vegetable Compound.

Pittsburgh, Pa" For many months
l was not able to do my work owing to
New-York tribune., 1919-10-22
Profit Taking
Checks Advance
In Stock Market
Industrials Average Sets
New High Record; Report
That RediscOunt Rate May
Go Up Disturbing Factor

Heavy profit taking forced substan-
tial rccessions in the stock market yes
tcrday after an early display OF
strength. Such selling was to be cx-
pcctcd after the sensational advance
Of the day before. Offerings, however,
were we'll absorbed as a rule, although
the market was very irregular. In
dustrials continued to lead in point of
speculative interest and the average
price of thirty representative indus
trial stocks made u new high record OF
117.73. The previous record was 1l7.TO
made on the rise of Monday. Railway
issues were neglected.
Much interest was excited by the an
nounccment of the $3.50 100000 British
government loan, which took the Street
by surprise Stock market operators
professed to see d connection between
the pronounced casing of the money
situation and the impending offering
of British securities in this market.
Sterling exchange rates rose sharply
for a time on the news of the new loan.
In many respects the stock market
was the same sort of a performance
as on Monday, with industrial special
ties rising violently at times in re
SponSc to aggressive speculative eHOrt.
Several industrial stocks, among
them Baldwin Locomotive, Mexican
Petroleum.. Royal Dutch, American
Beet Sugar, Texas Company and Corn
Products, made new high records for
the movement. Some of these were
affected by special influences, Royal
Dutch, for example, being bought on
reports of Il possible melon cutting.
The afternoon selling movement
caused fairly large declines, which in
many cases wiped out the early gains.
Rumors that the Federal Reserve
Board might advance the rediscount
rate were used as a pretext for selling
stocks by the professionals and this
caused considerable profit taking. The
early upturn saw Steel common up
about two points. but all but frac
tion was lost at the close.
Money continued in liberal supply
and renewals of old loans as we'll as
new loans were placed on a six per
cent basis. The renewal rate was the
lowest in more than a week and the
reduction was accepted as an indica
ton that easier conditions will prevail
for a while at least.
In all 315 different stocks were
bought And sold on the exchange, COM
pared with 303 the day before. This
made it the broadest trading list since
last June. Total transactions were
1,798,60O shares, against 1,851,900 on
Monday.
New-York tribune., 1919-10-22
$40, 100000 Loan for
Omsk Government
Americans Participation in Big
Credit Is $22, ,OOO,.
600

American and British banks jointly
are to advance $40 900 900 to the Omsk
government in Russia under the terms
of loan agreement just completed.
The American participation in the
credit, which will run for only short
period, will amount to approximately
$4,000, 900.
The American participants are Kid
der, Peabody & Co, the Guaranty Trust
Company and the National City Bank.
Barring Brothers & Co., Ltd, of Lon
don, represent the British participants.
According to the official announce
ment Of the transaction the loan is to
be secured by gold bars and coin de-
posted in Hong Kong, China. 1t is
planned to organize a syndicate to make
public offering Of the securities to
be issued under the credit
Terms of the issue have not vet been
decided upon, the bankers said yester-
day, although the rate will likely be
around per cent. The transaction is
novel in that it is rather unusual to
secure security issue of this char
actcr dollar for dollar with gold. Tho
proceeds will be employed by the Omsk
government in paying for commodities g
bought In this market
New-York tribune., 1919-10-22
The Dollar in Foreign Exchange

The unexpected announcement of the
S250.000,000 British government loan
caused a sharp rise in sterling eX
change yesterday, rates on London ris-
ing at one time more than cents In
the pound. Demand sterling closed at
$4.165s and cables at SALTS.
French exchange continued barely
steady The rest of the market was
quiet.
(Quoted liars to the pound):
New-York tribune., 1919-10-22
The Coppers

Before this rise is over brokers be-
lievc that the coppers Will be given a
whirl. There never was bull market
yet in which the copper stocks, some
time or other, did not edge into the
current OF advancing prices. 1t hap
pened earlier in the year and will hap
pen again, according to market follow
ers who have kindly feeling toward
the coppers. IF you want to get III
solid with your customers tell them to
buy the coppers right now,' said one
broker to another in an elevator in
the Stock Exchange yesterday. The
broker who was talking made the
point that the coppers are due" The
copper stocks have done comparatively
little since their rise of few months
ago, which was followed by q reaction
that wiped out most of the ground
gained ct that time. Regardless Of
whether or not Il higher range OF
prices for copper stocks is warranted
on the basis of the present situation
in the market for copper metal, it is q
fact that the coppers are probably IN
a better position than any other OF
the industrial shares owing to the fact
that they have not been made the sub
ject OF speculative manipulation.
New-York tribune., 1919-10-22
Texas Company 10
Increase Capital
Stock 100000

An increase in the capital stock of
the Texas Company from $S5 900 900
to Sl30,OO0,000, with $42,5OO,00O of the
new stock to be offered to present
shareholders at par, was recommended
by the directors at meeting vester-
day. The board also voted to reduce
the par value of the company's stock
from 500 to $25 share 1t was
further recommended that s2,5oo,OOO of
the new stock shall be sold to trustee
for allotment and sale at par to en-
ployees.
Stockholders of the company are
asked to approve the recommendation
OF the board, at q meeting scheduled
for November 18 at Houston, Tex. the
company's corporate Headquarters
Shareholders of record on November
20 will be entitled to subscribe to
the new stock. Payments are to be
made 80 per cent on or before January
8, 1920, 30 per cent on or before
April 8, 1920, and 40 per cent on or
before July 9, next year.
From the proceeds of the sale of
the new stock the Texas Company
proposes to retire its debenture bonds
outstanding to total of $14,799. 900
and to make large extensions to
plants and new acquisitions of ship
ping and other properties. The stock
transfer books of the company will
be closed on November 7 and will re-
main closed until after final adjourn
ment of the stockholders meeting on
November IS.
In financing it's requirements
through the issuance of new stock
with attractive subscription RIGHTS at
tached the company has followed the
practice Of former years. The last in
crease was authorized on December 30
1918, when the amount outstanding
was rssed from 69.375 900 to $S5.-
0o0.0cr, of which $13,S75, 900 was of
fered to shareholders at par in the
ratio of one new share for each old
while the remaining S1,750O 600 was
sold to employees.
Dividends on tho nresent stock arc
being paid at the annual rate of It
per cent. 1t is understood that the
amount paid on the new stock will
bo Unchanrod
New-York tribune., 1919-10-22
In Wall Street
"What Do You Think of the Market ."

An economist:
Under present market conditions
almost anything can be done with a
particular stock"
New-York tribune., 1919-10-22
Bid and Asked

, Bid. Asked III, .s,..,
Al Chain pr " % lKelly snr 49, 0al' ~, AsHed SEQ
Am Bnk Note Al 40 ke,sev WI -. 90 ooH 100
Az Gu Pr e3 % do mr.
a 3 : t9,ri , pF' SS 5 VA Nress x Co. IS
An Lss sss ~ p S$ sls's CIV " 4 49, e e
Ann Ann So4 sa,99Ids 5s ,o5 s5 Leg < NJ T. 29o 245
Am DO sanf n - = " L-% P r Is, Drl5a 100 I5 I5s
st ~ pr az -Sg 50 lo 90 "a pr lls lds II5
Am Sugar pr.l17 ll9 Mackay ros s' Ed ige Va
lm Ici \ {. % 60 SIanhat neach 10. % =
A X l. pr 5S'a 90 Mat Al "'n W 40 % a "a
do NJ LUZ . II .lay Do st pr lO6a4 1903
{ ls pr i5s II MsrSssM SSH SSn'Faa nr a5s 199 I99
AZ * W 49, ..3'a - do lsd lines. 56 IS
nd.d i,oco pr l04A l04a. Morris & rs 70 1o'
Bbn ta.'"n A. Sl 81, o. \ash & Chat. 10 lib
ntown Sh pr 97i. Iol \ G & s mr. i0S ~ ~
Burns Bum Brs prllo ii5 \ 3 \ pr pr 'io9 Io3 10. los
Bur /. n r. 55is 5S Nat Lead n nr i"1 I"9 IoS IoS
Bur np a sus. 70 : \ Y N . !. 4. IS w y
Bush form - - q 90 Isl pr. 81 20
Ca! Gal 4 Aii1.. -S4. " l. Z M 30 sSss 80
cen cen. Of J..l76 go North Am -. -. 10 -
chi Alton 8 ii ovens 9 Bot sst pr ,Sl "a ,Si o. !
's F ill., Z i l. F.Slas d :, soas5 s 20
C. e a " pr.li5 rs Pac Tel I sF' T. Il q
esp N -' y, 20 r Am Pet pr. 225 235
a., NJ ,oo - iettl Null. -. 3J 4J
CCCN : !. 4eg 10 do lst pr. 90 l02
tluctt Peab s. 81 pris :. - "a, u 10y
< lst pr 49ls s. i. $ C \ + iVI ~" y"
=, d" ID pr. .. 45 n Kcaiiuv l., mr. 9,,l " W,
Comp Tab . s. - H. - 80, & pr 3a o., = S5'
,"h Cigar pr s3i5 Sii Sears Rna rr ~ -
,oht an rT. loo ITO SIS : A mr. ~ ia
,ont lus Co. MA -. S T. Il sug,p 9oa ~ ~
rex Carpet. IS Gs an n, i09 -,
~ Su Pr loil, Standard MN ~ ~
ii'eerc TO pi % lo3 do rr ~ Va o. o.
Diamond Ma sun cal NJ 30 90 ~. y.
iot Edison. .ll5i, lol 7 a. |, ID - zoo loa lod
pct IN kR. lO3 los Third Av nh ~ 'Yo Yo
do n % A. 5la 4Ss Ildewaer on. aiO 24s
FL O. .. 10 Tol $ l. 4 w 9 IA
Ekhorn pr az IA IA do nr MS 80 - ~
ia ~. n.aiiu''. SO SS41l do CT, pr. 20 25
Frio - -. VI o. Twin City Il T 43 As
r n g. epf.. - l93sI do pr -. IS l24
Con CH.,, . pr S2i5 SAN Underwood TITS ls3
Gcn ,,n r,rn pr ioo1s lo3 90 pr .....ll0 ll5
Gon,,,4ig Gop nigar pr 100 los Tn Cigar st. 2i3 2i5
G'"H9y NJ. 60 II Y pris I'd pr 100
- ss' Z" 40. II IN Ry In pr - 2sl
,,oH.S - y ist pr a3 nS I Il lat PILL li5
ln, 'i'akr 20 - Wcst Nd 2h pr u ~
Int Paper pr 90 l6j wilson 10 nr oi ,tn
, 'i,.wi pf 20 r3 VIII n y pr 22i. -
ne - 'outfh' Nooiwofth pr. Ia lll
kCFs&M pr. 81 "a do Or r. Al 80
! * City SO pr 4S So
New-York tribune., 1919-10-22
Chandler Profits Rising

Earnings Of the Chandler Motor Car
Company. are still mounting. Tn
official Wall Street figures, which, how
ever, can be relied upon, indicate that
operating profits of the corporation
are approximating s1,0O0,OOO a month.
The months Of September and October
ere said to have shown profits equal
to the total profits of more Jhan
S2,000,00O earned in 1913. Increa ed
production explains the sharp i'm
proVement In earnings. The com
pany recently shipped more than zoo
cars in one week. Reports that the in
proved earning position CT the com
pany may result early next year il
an increase in the So dividend rate
now being paid on the new stock. are
not confirmed.
New-York tribune., 1919-10-22
To Divide Carib Stock

A division of common stock of the
Carib Syndicate on the basis on 100
shares for one old share of the same
par value will be announced in q few
days at stockholders meeting. Com
mon stock of this concern, with a
par value of S25, is selling on the
market around $4,000. The Carib SYN
dicate holds approximately 10000
acres of Colombia and Venezuela oil
territory and controls a one-fourth in
terest in the ROYAL Dutch and Henry
l.. Doherty holdings in the same re-
gion. 1t is reported that the syndi-
cate has gained large interests in
three other important companies, whose
names viii probably be announced Z.
the coming meeting.
New-York tribune., 1919-10-22
The Texas Company "Melon"

ticipated the "melon cutting" an
nounced by the directors. after the
close of the market by advancing 10s4
points, to the new high record price of
300. In according shareholders the op-
portunity of subscribing to $42 $500, 900
Of new stock at par the "rights" at cur
rent quotations are worth approxi-
mately $67 share. Wall Street
evinced particular interest in the an
nouncement that the par value of Texas
stock is to be cut from 500 to S25
share. On this basis the present stock
would be worth about IS, price which
might invite more active speculation
New-York tribune., 1919-10-22
Rivalry for r. X. Branch

WASHINGTON, Oct. 2l. - Rival
claims Of Oklahoma City, Tulsa and
Wichita for branch OF the Kansas
City Federal Reserve bank were pre-
sented to the Federal Reserve Board
to-day by large delegations from each
city.
1t is likely that decision by the
board. ordering tho establishment Of Il
branch at one of the cities or uphold
ing the Kansas City Federal Reserve
bank in declining TO establish branch
Will not be made for some weeks
New-York tribune., 1919-10-22
French Cities Maturity Cut

1t has been generally believed that
the total Of the French cities loans
maturing here on November IS s36.-
100000. which was the aggregate Of
the original issues Of Lyons. Marseilles
and Bordeaux. 1t was learned yester-
day, however, that the amount has been
cut down to approximately $29 500 900
by purchases in the open market.
Whether or not the loan will be re-
funded, it was said has not yet been
determined by the bankers who were
instrumental in floating the three is
sues III this country. Should re
funding operation be decided upon it
is believed that it viii await the out
come Of the new s250,000,000 British
loan
New-York tribune., 1919-10-22
Stutz Motor Earnings

Net sales of the Stutz Motor Com
pany for the six months ended June
30 are placed at S3,674.S4s. On this
basis it is estimated that the total for
the full year will aggregate $500 900.
Earnings for the half year were equiv
alent to S8.71 share before taxes on
the $4,000 shares OF common stock out
standing.
New-York tribune., 1919-10-22
Money and Credit

Bank Clearings-New York: Ex-
changes, S1,o37, ,271 PIG; balances, $685.
690SS9
Sub-Treasury--Unit States Sub
Treasury debit balance, S27S,596; Fed
eral Reserve credit balance, $55,021 ,491.
.Silver-London, 64Ssd; New York,
Sl.2V 1s; MeXlcan doMals, 94ll9o lsc.
New-York tribune., 1919-10-22
Professional Advice

The wild flight of industrial stocks
is beginning to get on the nerves of old
timers, who wonder where the whole
thing is going to end. Certain it is
that sooner or later the back swing Of
the pendulum is due. The average
trader in the Street, however, thinks
he can pick the top or al least close 10
the top and get out from under before
the inevitable backlash shakes The
speculative structure. Many Stock
Exchange houses are admonishing their
customers against overindulgence il the
high flying specialties. A leading firm,
for example, sent out in the mails yes
terday the following letter addressed
ITO our clients: ''ln our opinion it is
time for our clients who are carrying
high priced speculative stocks to take
their profits. We do not believe a
market that has had such extraordinary
advances in comparatively new stocks
can continue much longer without a
setback, and this will provide an at
tractive level for purchases" The
same opinion is held in many quarters
by people who are not SO frank.
New-York tribune., 1919-10-22
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings
Stocks

(Copyright New Yor
Sfocka
New-York tribune., 1919-10-22
Equipment Export Combine Soon

After the meeting of the stockhold-
ers Of the American Locomotive Com
pany yestc crday Andrew Fletcher, pres
ident. said that the formation of an
export combination of four large rail
way equipment concerns is now in the
hands of the lawyers. and that it would
be completed soon. Mr. Fletcher said
that the organization was being framed
expressly under the terms of the Webb
Pomerenc act, permitting combinations
in export trade. The work has pro-
ceeded rather slowly, inasmuch as the
companies are exploring new ground.
The present volume of European bus-
ness. said Mr. Fletcher had not ne
cessitated hasty action. The enterprise
will be confined strictly to the ex
portation of railway equipment, the
idea of general export financing cor
poration having been abandoned under
pressure from Mr.. Fletcher and some
of his associates, who have regarded
such an enterprise as too radical a de-
parture from American business tradi-
tions The other companies associated
in this undertaking are the Baldwin
Locomotive Works. the American Car
and Foundry Company, and the Stand
ard Steel Car Company