davidaulloa/AmericanStories huggingface dataset:
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1919-10-09
ALL OFFICIAL COUNTY NEWS
COMMENT

Thew call it Jazz music and I
guess it is rightly named There isn't
any other name which will come any
where near describing it. There is
neither beginning nor end to it, swing
nor limp, and how any one can find a
place to begin to keep time to 1T Is
more than an old fellow like me can
understand. 1t is a whole lot worse
than the old .sTo rah rah rah, Boom
de-a," .sHot Time in the Old Town" or
any other of the old rag time music.
The new kinds of music are popular
for a short time but you have noticed
that the old ones ttWhen You and l
Were Young Maggie <tSi1ver Threads
Among the Cold" and a few others
touch the heart of the young people
today just the same they did the
hearts of the young people couple
of generations ago. People really like
something sentimental and good
in the line of song and music.
Not that this column is anxious to
brag upon the columns of the World
just for the sake of doing so, but US
ing a competent Judge for authority
it can state that the grammatical con-
struction of the articles and news
| items published original matter IN
The World are very free from "leaks'
and that one is seldom found How
ever, when one does accidentally creap
| into print they who pose critics are
so overjoyed at finding it that they
add a tt1eak" in order that two errors
might appear in quotation of about
| a dozen words. @There Was" sounds
something fierce when used in the
plural form by one who has had col
| 1ege training in journalism.
The government is spending a
whole lot of money just now IN adver-
Using the advantages of the army and
navy, especially the navy. Several
thousand recruits are wanted in order
| to fill the navy to the strength of the
| ships During the last few months
| discharged from service in the navy.
| The advertis ements represent the navy
as offering many wonderful opportun-
| tiles to young men. The young men
who have been discharged are aware
that their reinlistment is desired and
they also know something about the
opportunities offered by the navy
| Now, what / am trying to get at is
| that if the navy really does offer such
| state why is it that it is necessary
for the government to spend much
money in advertising and why is il
! that the boys who have been discharg-
ed do not re-inlist?
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
Room for the Optimist.

That paragraph in which the chair
man OF the steel corporation referred to
the outlook was given the closest con-
sideration in Wall Street AT present
there is a preceptible and gradual i'm
provement in the steel industry" said
Judge Gary. 1T seems probable that
this will continue and increase. AS l
have said before more than once there
is a large and fairly profitable business
ahead. The necessities of the purchas-
ing public are piling up. From present
appearances the production this year
will exceed all former records. There
is still room In this country for the
optimist but little place for the pes
simist. The price OF copper Is increas-
ing. 1t is expected to be selling In the
near future at 20 cents Most. II not all
of us, are making expenditures in
preparation for the future business that
Is coming. II Is remarkable how many
evidences OF business activity there are.
The people Of this country are rich and
growing richer. 1t is estimated that the
wealth of this country Is equal to one
third or more OF the total wealth OF
all countries: that there is held by the
banks $4,000, 100000 or $4,000 ,00O.-
600: that the money in circulation is
about $50 per capita against $34 before
the war What is to be supposed will
be done with Il? Why, invested and ex-
pended in order TO increase wealth
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
GOSSIP OF WALL STREET.
The Ront in steel.

Judge Gary's optimistic speech as to
the outlook for the steel industry finally
broke the backs OF the shorts in steel
common yesterday. put them to complete
rout. brought heavy profits to long
holders. and put steel back In its place
as the market leader. The Street took a
long time to make up its mind to buy
steel, but most of the other conditions
were favorable and when the heavy
buying did start, 1t came through with
rush. The speech was delivered
shortly after the opening of the market
yesterday morning. 1t was after 2
o'clock in the afternoon that the heavy
buying started. The easiness of call
money, quoted at 31a TO per cent.
was one of the factors which permitted
such a move. Blocks of 1000, 5000 and
1000 shares appeared on the ticker in
rapid succession in the last period of
trading. The uncovering of innumerable
stop-loss orders appeared only to ac-
CELEBRATE the movement and little steel
gained five clean points on the day
the most remarkable advance It has
registered this year. 1t brought the
other steel shares UP with It, Bethle-
hem b gained three points; Crucible
az; Lackawanna. IN Midvale. ~
Nova Scotia. Az Republic, 2ls AND
Sloss- Sheffield, az.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24

Atchison. which is per cent. divi-
dend payer. closed yesterday about on a
parity with Northern Pacific and Great
Northern preferred. both OF which pay I
per cent. per annum. move TO which
Wall street attached considerable signifi-
sance, as signs were not wanting to the
effect that this rail stock had been under
accumulation for a fortnight. The buy
ing was accelerated by the annual re-
port showing that the road had earned
more than its rental guarantee in 1918.
and that the road could come back
to its owners right away and actually
thrive on the process. There IL no ex-
pectation or even thought of a dividend
Increase. but confidence is supreme no
matter what befalls the rails during the
balance OF Federal control. In addition
the road runs through the oil regions In
the Southwest. and, while the oil feature
Is not responsible for much of the recent
buying, on the whole the possibility of
ownership of lands which may spout oil
is good speculative ammunition, With
out the oil feature, the revival OF interest
in the standard rails and industrials
makes Atchison an investment as well
as a speculative favorite.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24

Royal Dutch shares, both New York
and American. failed to make favorable
response to news that new stock was 10
be issued by the company on terms which
would give the present shareholders some
valuable rights. on the contrary, II was
under pressure during most of the late
session, and both classes of the stock
closed at or near the low figures for the
day, Announcement that at the general
meeting. to be held on June 10, the d.
rectors OF the company would propose
an increase in share capitalization to
400. 600. 900 guilders, or about sl60,0Oo.-
goo was made by the Equitable Trust
Company. The new stock. II the in
crease be authorized by the shareholders,
will be offered to present stockholders
at par, which is a little less than Sl4 a
share. in the proportion OF new share
for every four old shares held. On this
basis the rights to subscribe to the new
stock would be worth in the netghbor-
hood of $2l, and the new stock and the
old stock eX-rights would be worth APP
proximately 81 and return an average
yield on the present dividend of approx
mately ISIS "A share.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24

A few facts and real figures or the
Steel Corporation and its subsidiaries
would have been more useful tan II"
opt 'mistlc generalities. A par, of the
Street. at least, does not forge the
heavy falling off in tonnage on the Steel
Corporations books nor the looping or
of it's extra dividend at the last direc-
tors meeting. Here. for example Is a
statement sent to its clients yesterday
by a large commission house, which evil
IDENTIFY does not share Judge Gary's OPP
tinsm. AS bearing upon the reliability
OF some of the recent reports regarding
conditions of industry" says the state
ment. at may be stated on excellent au-
thority that at the monthly meeting OF
the Iackawana Steel Company directors.
at which the regular dividend was de-
elared. the report for April was the
most discourse sing that the company has
had in years. There was an actual de-
felt for the month. Lackawana is al
ways a pretty fair indication OF how
things are going with the United States
Steel CORPORATION"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
Baldwin Locomotive.

The directors of Baldwin Locomotive
met again yesterday, but. as had been
fore Swallowed. took no action with re
spect TO the dividend for the junior
shares or the proposed reimbursement OF
capital AS matter of fact il was
learned yesterday that there Is little
possibility of any action now on either
proposition before the latter part or
June The directors of the company. as
well as the officers. are firmly convinced
that some readjustment OF capital Is
needed, but they are finding many OBJ
stacles in the way of bringing about
suct. a reimbursement. None Of these OBJ
stacles is considered serious enough to
delay the action indefinitely. although 1t
is likely that the legal details. &c, Will
hold off final adoption OF the plan for
at least another month. In connection
with the strength of the other equ'p-
ment stocks yesterday it was learned
that the directors of the American Loco
motive Company have plan under way
to increase the dividend at the midsum-
NOR meeting
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24

Continued on Page Is. Coils. ana b
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
Public Decires II. Il. Competition


"Wc may take il as admi,trl. na
lieve. that the majority of the American
people do not favor regional railroad
moropolies, but desire a system Of strong
and competing railroads. This leads -
the inevitable conclusion that IN 'tN
must leave an opportunity for ear. ueF
sufficient to preserve and encourage phi
waite enterprise and rivalry. on l"'
other hand. It is conceded that the .-
terest OF the public requires rss'ri'-
lion Of railroad profits in case they 'N-
coed certain limits.
This is great progress. augur ne well
for the finding OF a sound and fa'r go
luton even though We must roa..5A
that 1t is one thing to announce fla
broad principles and another Ia mas''l
the intricate questions OF technique ana
detail. These, however. will apo"
much less puZzling when the com1.'N
problem is properly dissected into 90
three phases. In which It must be treated
They are the final stage OF possibly be-
tween twenty and thirty consolidated
Federal railroad systems operating
under rate making rule based ou 'h'
established aggregate value of the pop.
critics grouped in traffic sections, the 'H-
termedlate stage covering the tim, 90.
cessary 10 complete consolidation 20
valuations and the first stage, inc.ud +
the immediate steps necessary TO DIS
entangle the railroads from 'GoN'-,-
nent operation and put them bach
their own feet.
The country begins to unocr~'a
that where the price OF goods incI"as'
by about 200 per cent. since 1890 l."
cost of transportation In the same pe. .'.
10 estimated to have risen only by about
40 per cent. for passenger fares AND
20 per cent, for freight rates T. u'r
gins TO comprehend that one year
crease in wages, estimated ~ 81
100000. equals about three times o."
total amount of the annual rnilronI
idends paid by all railroads yowhn
When II il fully appreciated tg.i .~
question OF "a successful or ,hnf .E"
legislation may depend upon the
or denial of an additional return ~ .,s-
than 500, 900. The people w0Il l',."
no doubt as 20 their wishes Ten IN" ru.'.
ter, That addition. II Il results ~ pc.
tablishi'g :. healthy AVID ucrw1'"
l sis :or prlNs.sA railroad o9C"at'o"
It's dh ert an. Indirect rc~l - f..
prove one Of rn greatest @a',us>
E,ace h. the country
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24

Sergeant York, whose single handed
exploit is one OF the most remarkable in
the history of the war. practically
stopped trading on the floor OF the ex-
change yesterday when he was taken
there for luncheon. The brokers SIM
ply quit their posts and fiocked around
the hero to shake his hand. Major-Gen
Alexander OF the Seventy-seventh Di-
vision was also visitor at the Stock
Exchange Yesterday
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
'WARBURG PICTURES
INVESTMENT SNAGS
Sees Danger in S+,00O,O0O 900
of Undigested Liberty
Loan Bonds.
WOULD BLIGHT MARKET
FavOrs Huge Trusts to Helm
Digest Liberties and Take
Up Foreign Securities.
WOULD BLIGHT MARKET

Paul NJ WGrburg. IN an address ves.
terday at the monthly meeting OF In.
Bond Club, pointed out the danger tina,
undigested Liberty bonds which amount.
ed to approximately 81. 900, 600, 900 at tho
beginning of the Fifth Loan campaign
and must have been increased substar.
tally since then, would throw q Chronic
blight on the investment market. ffe de.
clared that the present extreme form o,
taxation is harming the country; thu,
badly mangled railroad credit must be
firmly reestablished and that huge in.
vestnent trusts must be formed. frs. to
aid the digestion of Liberty bonds. then to
stimulate a save and invest campaign
and absorb investments in foreign
securities.
Mr.. Warburg said that these problems
were only some OF those which con-
fronted the investment bankers, but he
expressed confidence that che problem
would be solved to the financial ad-
vantage of America. He said In part:
AS p consequence of the war me
creation OF wealth has proceeded oa
entirely new lines. and to-day we find
over 100000 bondholders whese in
the past we hsd only 100000. Where
heretofore investment banking addressed
itself primarily to tho comparatively
few possessed OF large incomes, taxation
to-day strikes 50 heavily at the revenues
and inheritalces o. the so-called wei
10 do classes and interferes 60 drasticaly
with accumulation OF investment funds
on their part that successful distribution
Of large volumes o. new securities can
only be carried on by following wealth
into the millions OF enIsl rivulets and
channels into whiah It now flows and
where It Is less subjected TO the e1Ss-
lions OF the tax collector.
There Is no doubt that the present
extreme form of taxation cannot long
be maintained without doing great harm
to the further development of the coun-
try and We may we'll expect that some
modification will be made in the near
future. But ] believe It is safe to as
sumo that in a large measure the new
conditions have come to stay and that
we may not hope for a healthy and per
manent adjustment between capital and
labor unless the working classes are so
situated that they can save and put
aside in investments a fairly gubstan-
tial portion OF their earnings. In this
ability OF theirs to save and lnvest lies
one of the most important means OF
bringing back to a more normal condi-
ton our present badly distended finan-
cial structure.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
OLD METALS.
OLD AhIALS.
callers buying prices are as follows:
per. CHnta !. n
DIVIDENDS.

Stock OF Pay
Record. able
An An Shieie 60 q; y %-June 81 July 1
dies Line s-a. 5E...... June 30 Av~
Brooklyn Union Gas Co..
~ ';......;.... June IL July
see, :,''in,;;.:..,i;......,J June 20 July 1
SEA, June IL JuIv
wolverine Copper MininK
~. o. pc: ;....s..;, June IL July
.,@h .vva wiz: May 81 July /
!sPseiaD; $3.50. :;.....;. May 81 June ls
Ga; sH% ..oo;,;..,.'.' Joy /
- IL; 'c.''''' ......... May 81 June 80
OOnlo III III -; y, sLZS May 81 June l
s UniJ III 10, 10, ezra. H.Lo'May 81 June Is
"a, go s..';;:.:.. June 25 July 2S
North Ohio Elec. Corpn '
pr a. iHSi:,i.; r., May 20 June 2
AZ '''''.'','.'.,.'.'J June IS July /
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
London Money Market.

I.oEpoN, May 23.-Bar silver 5l%d
an ounce. money 81 per cont discount
rates-short and three month bills 3&
per cent. gold premiums at Lisbon lOs.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-24
Is One of Gravest Problems.

ut is not possible in these short re-
marks to dwell upon the question of in
fation. But we all realize the omnous
part played in this connection by the
approximately $4,000. 100000 OF undi-
gested Government securities. estimated
to have been ca rried by banks and bank
loans at the time OF the beginning OF
the Victory Loan campaign. We may
assume that this item has since been
substantially increased. l believe that
II is one of the gravest and at the same
time most puzzling problems of the in
vestment banker to find ways and means
OF furtherng the absorption by the saw
ings of the people Of these floating Gov
eminent loans. Unless that task is az.
compllshed, It is to be feared that these
urdigested bonds will throw chronic
blight on the investment market I am
confident that money rates and the plr-
chasing power of the dollar will not ind
their healthy and fairly permanent level
until this process of absorption is com
pleted
Next in Importance are the problems
of railroad and foreign financing. Both
strange to say. are closely interrelated
For as long as our railroad securities
sell on an abnormally high interest
basis, IL is evident that We cannot, on
comprehensive scale. offer good foreign
securities at prices that would make
them attractive to our own investors
without. at the same time, appearing
prohbitive to the foreign borrower e.
eNorbitant compared to the prices which
other competing countries might he 0ole
to offer. 1t is most important Therefore
that our railroad problem be solved IN
a way that will firmly reestabjish our a.
present badly mangled railroad credit
Il think that l am voiCing the views
of most of those who have followed 'he
trend OF the discussion Of remedial leg =
lation when | express to YOU my own
firm belief that "a just solution Is hon-
estly being sought b. those on wAon
the duty and responsibility rest il t1'
first degree, and that we may well h'p"
10 see satisfactory results accomplished
in the near future
The daily morning oasis., 1919-11-01
WANTS VOTING DATE

WASHINGTON, October 81. = A
proposal to begin voting upon the
peace treaty not later than o'cloc'
p. H., on Wednesday, November IL,
was made in the Senate today by
Senator Lodge, Republican leader.
From November 3rd to the 10th he
would restrict debate to one hour to
each senator After November 10th,
ten minutes, each senator speaking
but once.
The daily morning oasis., 1919-11-01

Yesterday Mr.. Eduardo Logleu, a
well known young business man of
Sonora, who has ranches and cattle
down IN the Carlo country, and has
dealt in cattle, importing from Son
ora and shipping number of years
in cIose touch with cattlemen and bus
mess men all over Arizona and Son
ora, opened the Cave Club in Nogales,
Sonora, of which more in another
place.
The daily morning oasis., 1919-11-01

A Japanese newspaperman, KoJl
Higashi, representing a newspaper
published in Tokyo, who has been in
the City of Mexico, following visit
in the United States, is coming to
Sonoroa within the next two weeks
to study the Yaqui problem and to
inspect lands in the Yaqui and Mayo
deltas that have been offered for sale
to Japanese capitalists for purposes
If colonization Mr.. Higashi is one of
a commission of three charged with
location of colony sites Off Japanese
in Lower California, Sonora and Chi
huahua.
The daily morning oasis., 1919-11-01
UNITED STATES CIVIL
SERVICE COMMISSION

The United States Civil Service Com
mission announces that Chauffeur non
educational examination will be held on
November IA, 1919, for the purpose Of
filling vacancy in the position Of
Chauffeur in the Supply Office service
at Nogales.
Application blanks and further in
formation may be oh.seined from the
Local Secretary, Board of Civil Service
Examiners, at the Nogales, Arizona
immigration Office. /;
The daily morning oasis., 1919-11-01
CAMP NEWS
Collection of Interesting
Items About Soldiers Sta
toned at NOgales and
Their Families

Today First Glass Private William
Walker, M o. No. 6, wardmaster,
will depart for Fort Sam Houston,
Texas, with patient from the camp
hospital, Private B. Davis, of Supply
Company, 25th infantry, where he
will report upon arrival to the COM
handing officer department hospital.
hen, after visiting the department
laboratory and X-ray clinic, he will
return to his station at the camp hos
pital, Nogales.
Company rs swell re } ,rte' should
Ike ont about $4,000 worth Of lie
lsuance because-take from one
Is. Hn5ws-if he hasn't been We the
p. he will certainly have to go over
al SOON. beware, Old Top.)
WHO was the ejoker who posted the
:'g Boy ?-and he walked all hight,
linking up all the tecuila he could
ind. Ha, ha! Ask A. w. He
knows.
Gee! Can't some pccplo get the
.abit of using the telephone often?
Why, since there has been one install
ed in a certain residence the corn
pany phone cannot be used for Off
cial business. Oh, boy, you should
cut out the jazz and let the operators
rest a while. 1t must be quite sure
YOUR fiance got tired of the same line.
of bunk.
Watch this column for Company rs
grand smoker.
The daily morning oasis., 1919-11-01

Mr.. N. Steele, recently from Cali
fornia, has located in Nogales, Son
ora, on Campillo street, where he has
established a film exchange, supply
ing all the moving picture shows
with high-class pictures. Mr.. Steele
has been in the film exchange bust
less a oumber of years, and has ham
died large number of the most noted
productions. He has siezed a golden
opportunity to get into the business
on the west coast of Mexico at its
beginning.
The daily morning oasis., 1919-11-01
UNITED STATES CIVIL SERVICE
COMMISSION

The United States Civil Service
Commission announces that plumb
er's helper, noneducational examina-
ton will be held on November 21st,
1919, for the purpose of filling a va
cancy in the utilities service at No
gales.
Application blanks and further in
formation may be obtained from the
Local Secretary, Board of Civil Ser
vice Examiners, at the Nogales, Ari-
iona, immigration Office. 49,
The daily morning oasis., 1919-11-01

Mr.. Guillermo Barnett of Nogalen,
Sonora, has sold to Mr.. ]. E. Wise of
Nogales, Arizona, the Arizona rancho
beyond Planchas de Plata, on the di-
rect road to Altar, about forty miles
southeast of Nogales. The price is
stated at 100000.
The daily morning oasis., 1919-11-01

Yesterday evening Mr. Jack Egan,
superintendent for Wells, Fargo and
Company's express on the west coast
of Mexico, came from Guyr,as and
will be here a few days.
The daily morning oasis., 1919-11-01

Col. Hitherto Villareal, who was at
Nogales not long since, on tour of
inspection of the federal military of
Sonora, has departed for Mexico City,
summoned by President Carranza.
The daily morning oasis., 1919-11-01

THERE'S reported very great crop
of corn in Sinaloa with large sur
plus for export. Agriculturalists in
that state are petitioning the federal
government for permission to export
the surplus to the United States.
The daily morning oasis., 1919-11-01

In Guymas yesterday evening Gen.
Obregon was given very enthusiast
ic reception. His canvass in the pres
Dental contest has many warm adj
herents in that city.
The daily morning oasis., 1919-11-01

Important operations in lands and
mines in Sonora are reported from
governmental sources as being under
execution. Particulars will be given
later.
The daily morning oasis., 1919-11-01

AT ST. ANDREWS EPISCOPAL.
CHURCH.
November 2. Twentieth Sunda!
after Trinity.
Sunday school, 9:45 a. m.
Holy communion and sermon b.!
rector at HOO. Text: "The Fait'
Which Was Once for All Delivered
Unto the Saints" Jude, third verse.
All seats free.
Choir rehearsal Wednesday, Nov
ember 9TH, at p. m.
The daily morning oasis., 1919-11-01

Yesterday Mr.. Clyde Mcpherson,
the cattleman, with a fine herd and
range over in the Canelo Hills, was a
visitor at Nogales
The daily morning oasis., 1919-11-01

Col. c. E. Hardy is arranging to go
to Tucson Tuesday and to Phoenix
Tuesday night to attend the big Dem
ocratic meeting at the capital city
Wednesday,
The daily morning oasis., 1919-11-01

Yesterday Nogales was visited by
Mr.. R. E. Huthsteiner of Ell Pasv, an
engineer making a speciality of wa
ter pumping plants, refrigeration, etc.
The daily morning oasis., 1919-11-01

Yesterday evening Mr. Folsom
Moore of the Tucson Star, was Wis
itor at Nogales.