davidaulloa/AmericanStories huggingface dataset:
Evening star., 1919-09-05
Difference Of $e,747,451.


This liberal estimate shows a dif-
ference Of $s.747,451.4s between the
highest market value Of the securities
then acquired and the $22,00o.0oo Of
stocks and bonds issued in considers
tion therefor.
The following securities Of other
companies were acquired by the
Washington Traction and Electric
Company soon after the date of its
incorporation commissions exhibits
Nos. IS and 66, and journal entry of
August 8, 1899, commissions exhibit
No. 1857:
Washington and Glen Echo
3:76s shares stock. par value... $ls7 .9oo 90
First mortgage bonds. .......... 200. .000. 90
Second mortgage bonds. 100000
S4s7, 900. 90
City and Suburban
80. COZ shares stock. ............ $50. 100. 90
Total, par value. ue............. 81 .96s. 900. 90
in acquiring these securities of the
par value of 81 1856. 900, the Wash
ington Traction and Electric Company
paid $30S,2S6,19 in cash, $1.325. 900
in it's A per cent bonds and $780,
900 in its capital stock. The journal
securities of these two roads was dated
August 8, 1899 commissions exhibit
II0O. At that date the City and Sub
urban railway (then the lexington
and Soldiers Home Railway Company
had been out of the hands of a re-
ceiver for about one year, and had
never paid a dividend.
On Non-Paying Basis.
That both Of the companies were
on a nom paying basis is clearly shown
in the statement of the controller of
, the Washington Traction and Electric
,, Company. accompanying the latter
company's application to the New York
Stock Exchange for listing it's bonds
on that exchange (see table 81. This
statement shows that for the year
; ended August 81, 1900, the City and
Suburban railway had deficit of
$67,07i.0G and :he Washington and
Glen Echo Railroad Company a deficit
| OF SlS.10l.os, yet the Washington Trac-
tion and Electric Company obligated
itself to pay over $4,000 yearly in
| interest in order to acquire these roads,
| besides issuing $1,000. 900 for its stock
and paying s206. 6.266.1s in cash.
The Washington Traction and
sale at foreclosure was possessed Of
securities OF the par value of $685.
0l3. which were represented by an in
/ vestment account of $24.S54. 1s0.04. and
which were acquired by issuing its
own stocks and bonds to the amount
of s24. SIS. 900.
| Schedule b shows the highest
market value these securities could
have had, arrived at by the same bib
! eral treatment used in preparing
| schedule A. and including purchases
of some Of the stocks of the Metropoli-
| tan Railway Company at such ex-
! traordinarily high prices as $3.50 and
| $425 per share.
I'm February, 1902. at the time of
the issuance by the respondent COM
pany, the Washington Railway and
! Electric Company, of it's first block of
stocks and bonds in exchange for
| those of the Washington Traction and
Electric Company, several additional
promissory notes and other evidences
| of Indebtedness had passed into the
hands of those interested In the re-
Evening star., 1919-09-05

"Therefore. the commission further
finds the fair value of the property of
respondent companies as of June 30.
1919, used and useful for electric rail-
way operations within the District OF
Columbia to be as follows:
Washington Rwv. and T'lrc. Co slc III .:r41 81
city and Suburbn Ry. of Wash. 2.si6,913 81
Georgetown X Tcn!rytown Ey. Co isi, s4G-99
Total Observation-Disclosures. SIG, LOG. 3SS II
Evening star., 1919-09-05
Secured Stock Control.

"At this time, and particularly dur
ing the first half OF 1899, Stevens,
Crosby, Lieb and their associates were
actively engaged in securing control
of the stock and bonds Of the various
railway properties listed above, Sc
curing the money for their purchase
by advances from the United States
Mortgage and Trust Company. and
depositing the purchased securities as
colla teral under the loans (commis-
sion's exhibits Sc to 81, 50. 81. So, 30
TO I03).
I'm February. 1899. Mr.. F. c. stevens
issued a printed proposal fcommis-
.ion's exhibit I'D addressed to stock
holders of the Metropolitan and CO.
lurnbia Railway compa MES. offering
10 pay $3.50 and $3.50 per share re-
spectiVely for the shares of stock Of
those companies. although the high
est prices at which any of those
stocks had ever sold prior to Janu-
AIRY, 1899. did not exceed S145 and
$3.50 respectively commissions ex-
hibit 25). Such an extraordinary bid
for securities of this nature led GER
tain of the stockholders to exact a
higher price, and the records show
payments for one block OF 8S5 shares
of the Metropolitan Railroad Com
pany at 1880 each. and another block
Of 81 shares at 1925 each. par being
$50 and the paid-in value $50 per
share commissions exhibit No. 81;
also Journal. Washington Traction
and Electric Company.
Evening star., 1919-09-05
Personal Transactions.

The early negotiations between
Stevens, Crosby and Lieb and the
United States Mortgage and Trust
Company for the advancement of
money To enable them TO acquire the
securities of these various companies
were carried on. apparently, in the
nature of personal transactions with
The trust company. The amounts
advanced from time to time by
the trust company were charged to a
number of loan accounts, some in the
names of the individuals, others to
, Varying groups Of these same indi-
Evening star., 1919-09-05
Establish Close Relations.

"Close relationC had been estab-
lished between thu Potomac Electric
Power Company and the Georgetown
and Tennailytown Railway Company,
the former company furnishing cur
rent to the latter (testimony pages
1902, 430S and 4307 Formal Case No.
40, Messrs. Stevens, Crosby and Lieb
owning more than one-half of the
shares of stock of the latter COM
pany in 1897 (sworn statement of
Georgetown and Tennallytown Rail-
way Company to Congress for year
ended December 81. 1s97). This group
of men had advanced money to the
railway company in 1896 for the pur-
pose of maintenance and repairs. Sec
ond mortgage S per cent bonds being
issued to them at IS. Mr.. o. T. Cros-
by was president of the road at that
time tSangster report. page -. The
what was paid for these shares of
stock, nor from what source the
money for that purpose was obtained.
At that time the road was not paying,
and subsequent purchases of stock to
close out small holdings were at
prices not exceeding SIS. and as low
as IS per share, par being $50.
During 1896 and 1897 the Potomac
Electric Power Company appears to
have been in active competition with
the United States Electric Lighting
Company, the only other corporation
furnishing electricity to the public in
the District of Columbia. Beginning in
February, 1898. however, and continu
fng for about one year, F. c. Stevens
and others acquired approximately
1854 shares of stock of the latter
company. which were deposited as
collateral security for money loaned
them from time to time during that
period by the United States Mortgage
and Trust Company Commissions ex-
hibit No. e0), and in February. 1899,
complete control. of the company was
obtained. for F. c. Stevens, o. T.
Crosby, g. A. Lieb. II. d. Mirick and
James Smith. jr, obtained a further
loan from the United States Mortgage
and Trust Company Of s75o.000. de-
posting 5000 shares of the United
States Electric Lighting Company as
security commissions exhibit No. 9D
and giving their note for that amount.
xeverally guaranteed by them (com-
Evening star., 1919-09-05
Sl4.5S. 600. 90

"As hereinbefore set forth the COM
mission finds the net additions to in
veStment in respondent corlpanies'
property from July /, 1914. to June
30, 1919, inclusive, as applying TO
property used and useful for electric
railway operations within the DISTRICT
of Columbia only. 10 he follows:
Washington Rwy. and Flec. CO.. s9a7 .5II az
city aud Suburban Ry Of Wash. f6a.332
c;eorgetowu 4 Tsnley ytown Ry. 60 j.sis. ~
Total ..- 81 v.s 3es IA
Evening star., 1919-09-05

Tho commission further finds the
amount to be allowed the Washington
Railway and Electric Company for
materials and supplies az of June 30.
1919, to be S235, 600 and the amounts
to be allowed for cash working capi-
tai as of June so. 1919. for the three
companies to be as follows:
Washington Rwy. and Eiec. Co. so4o. .ooo. 90
Cry and Suburban Ry. of Wash. 1000 90
Georgetown & Tenleytown Ry. Co 10, %
Evening star., 1919-09-05
Agreed to Assign Options.

AS collateral security for such ad-
vance these individuals agreed to as
sign to the trust company all Of the
contracts and options which they
then held for the purchase of the
securities to be transferred by them
Evening star., 1919-09-05

1ISOIS dAIAdI1Ou IApCllScS.
"On the same basis and under the
same logic and as applying to the
same classihcations of expenditures
as noted in the foregoing quotation,
allowance is hereby made in the in
stant cases for reorganization ex-
penses, including engineering. legal
and commercial expenses in amounts
as follows: Washington Railway and
Electric Company. $280,000; City and
Suburban Railway of Washington,
$55, 900, and Georgetown and Tennally-
town Railway Company, $6.500.
THE companies presented further
claims for intangibles in connection
with reproduction cost as follows:
Conceivers' Brokerage
Compensat ton. Commission. Easements.
L. CO.. .s7o2, sos Is ss25 ooo.o 81 .7ss 900. 90
City Sub.
Ry. of
Wash. 1875, 75s.o2 s7,5oo.Oo 521 100000
Geo. d Ten.
Ry, Co.. 1s.7s4.32 13,5OOOO 100000
Totals .$s4s, $3.50 $726. 600 90 s., 500. 00O0
Similar claims were made before
this commission in the case OF the
Evening star., 1919-09-05

SIG. Ii
South Bend news-times., 1919-04-27
The ABANDONED

Robinson grinned. That's lucky
Now. Rawlins"
Bobby couldn't bring himself 10
cross the threshold, but from the
corridor he could see the interior
Of the room and all that went on
there during the next few moments.
A candle burned on the bureau. ex-
posing me feminine neatness and
dehcacy Of the furnishing The
presence OF the three men was a
desecratiOn; what they were about
10 do, an unforgivable act of van
calism
Rawlins went to a work table
while Robinson rummaged in the
ooset. Graham, meantime. bent
against the footpoard Of the bed.
watching with anxious eyes. Bob
by's anger was increased BY this
picture. He resisted an impulse to
run 10 the stairs and call Katherine
up. That would simply increase
Robinscn's suspicious. There was
nothing she could do, nothing he
could do.
Rawlins had clearly been success
ful at the work table He gided 10
the bureau. One after the other he
opened the drawers, fumbling with
in, lifting the contents out. replacing
them with a rough haste while Bob
by's futile rage increased.
Suddenly he saw Graham's atti-
tude alter. Rawlin's back stinened.
He pulled the bottom drawer al
together from the bureau and thrast
1t to enc side. He gazed i'm the
opening
Come here, Mir. Robinson" he
said softly.
Robinson left the closet ana
stopped beside the detective. He ex-
claimed. Graham went closer look
ing over their backs.
You'd better see. Bobby" he said
without turning.
Yes, Robinson said. Let me
show you how wrong you We're. Mr..
blackburn. Let me ask if you knew
YOU were wrong"
Bobby entered with a quicker
pulse. He. too. stopped and looked
i'm the opening. Abruptly every
thing altered for him. He wonder
ed that his physical SURROUNDINGS
should remain the same, that the
eager faces beside him should re-
tain their familiar lines.
South Bend news-times., 1919-04-27
A. E. F. BOXERS ARE
AWARDED H0N0RS
BY Associated Press

By Associated Press
PARIS, Apl' 26.-Leo Patterson
OF Joplin. Mo. was awarded the de
cisiOn over "Bushy'' Graham of
Brooklyn in the tenth round for the
lightweight title.
William Kleck of New Orleans
was returned a winner I'm the welter-
weight division over Johnny Sum
mers OF Brooklyn by the referees
decision in the thirteenth round
Johnny Clark OF New York, scored
a win i'm the middleweight division
over William Walters of Philadel-
phia by a technical Knockout in the
eight round.
Eugene Tunney of New York
earned the decision in the light
heavyweight class over Ted jamie
son of Milwaukee in the tenth
round. Heavyweight hon0rs were
awarded to Bob Martin of New y FORK
over Fay Kaiser of Pittsburgh. by
the referees decision in the tenth
round.
South Bend news-times., 1919-04-27
RUBBER GOODS 1c.

$3.50 Ladies Sanitairc spray
Syringe ..-.--- -.--.2 for sal
S125 Chocolate Hot Mater
Bag ....-...- , for SI.26
SI25 Red Hot Water Bag.
Child's Size 5000 > for SI.26
$3.50 Red Hot Water Bag
. for Sf.5I
S225 Chocolate Hot Water bag
, for -. 26
SI.95 Chocolate Syringe ....
> for SI2G
$3.50 Red Syringe , for S1.5I
SIS Red Syringe for Sfz6
- OO Chocolate Combination
for S2.Of
80 Red Combination ......
for S2.5I
- Red Combination
for S2.56
South Bend news-times., 1919-04-27
GERMAN PAPERS
PLEASED WITH
PARIS EVENTS
By United Press

u NHtfEN IEor
BERLIN, April 26.-Berlin news
papers. commenting on Italy's re
ported withdrawal from the peace
conference. made no effort today TO
conceal their satisfaction with the
turn of events.
mot only Is Italian egOtism to
blame, but the egotlstic spirit in
spring all the entente peace dele
gates" said the Berliner Tageblatt.
The FOrwaerts (socinlist) openly
endorsed Pres't wilson's stand.
South Bend news-times., 1919-04-27
MISCELLANEOUS
ARTICLES 1c.

95c Red Cedar Compound
, for 26c
25c EIkay's Rat Paste. .....
, for 26c
1Oc Wide Mouth Nursers.
> for Tic
1Oc Styptic Pencils , for lie
$50 qt. Enamel Douche
can. complete. , for S1.51
S1.OO > qt. Douche Can. .....
for S1.O1
3Oc Mustarine .2 for 31c
1Oc Blue Black Ink , for lie
$3.50 Niagara FIashlight
? for s1.51
S1.2O Niagara FIashlight
= for s1.21
I5c Liggett's Grape Juice.
for 16c
25c Rex Plaster . for 26c
25c BeIiadonna x Capsicum
Plastcrs. ..........,2 for 26c
soc Wearve Heave Powder
for 51c
75c yd. Plain Gauze ? for 76c
75c Automobile Goggles ....
, for 76c
S1.OO Automobile Goggles
for S1.O1
soc White Ivory Comb 2 for sic
&c Tooth Brushes , for 26c
IOc Tooth Brushes = for 41c
soc Tooth Brushes : for sic
$3.50 Ideal Hair brushes .
for S1.5f
South Bend news-times., 1919-04-27
PATENT MEDICINES Ic.

IA EIN NEDtOlINES lC.
45c Opcls Coffee > Ibs. for &c
SG.25 ReNalI syrup Hypophos-
phitcs -.....2 for S1.26
SLOO p D. American OH.
= for S1.Of
25c Neuralinc -.. > for 26c
25c RcNa1 bye Wash y for a6c
i5c ReNaI TootIlache Gum
, for 16c
SOC ReNaH cold Tablets.
for S6c
S1.25 ReNaH kidney Remedy
= for Si.26
65c Cherry Bark Oough
syrup .....-...- > for 66C
soc Lcsperine Anti~cpuc Pow
SOC Pine Needle BaIsam.
for 36c
Soc Baby Cough Syrup for S6c
35c Baby Laxative for 36c
SOC ReNaH Kidney pills
> for SIC
soc and SI.OO DewittS Kid
ney Pills for sic and SI.OI
25c MenthoIine Balm > for PC
Sf.25 RexaH Vegetable Com
pound ..-.-.-.-2 for Sf.26
$500 Bambicr Blood Builder
for S2.0f
soc ReNaH Eczema Ointment
, for sic
S5c RexaIl White Liniment
? for Soc
35c ReNan Corn solvent
, for Soc
S5c Firstaid Liniment = for Soc
soc Catarrh Spray = for sic
25c ReXall Cathartic PiIls
= for 26c
SI-25 EuzoauaI ....2 for Size
soc Jaynes Group x Cough
Remedy ... for 51c
75c Jaynes Pile Ointment
for s6c
25c and 5OC Riker'S EXpcCtOr-
ant ...-.....2 for &c 4 sic
6Oc Scnadg Laxative = for 6Ic
soc RcXaH Blood Tablets
for sic
25c ReNaH Headache Wafer,
for 26c
SIPS ReNalI Cod Liver EmuI-
sion - for. 81 oG
S5c ReNall Blackberry Cordial
for pc
soc ReNalI Rubbing oil
for sec
SOC Alkaseptic , for sic
$500. Specific 4 Alternative
for S2.OI
Si.OO NuN a Iron , FOR SIOf
55c Jayncs Asthma Powder
, for 56c
S1.25 septona Hair Tcnic
for Size
5Oc Pile Treatment for sic
3Oc KokO Has Kits for 3Ic
Soc ReNa1l Grippe Pills
> for 36c
25c RexaH Charcoal Tablets
> for 26c
SOC Senafig Laxative > for 36c
Si25 Celery 4 Iron Tonic
for Si.2G
South Bend news-times., 1919-04-27

CONTINUED TOMORROW
South Bend news-times., 1919-04-27

BOSTON, April, 26.-Sergeant
Henry (Hank) Gowdy. who return
ed from oversee Friday, sign 1 a one
years contract today to catch for
the Boston National league club.
The terms were not announced, but
Gowdy said the club had been very
liberal"
South Bend news-times., 1919-04-27
PURE FOODS Ic.

soc Symonds Peanut Butter
for Sic
SOC Liggctt's Cocoa for 3Ic
55c Ligsett's Green Tea ....
for 56c
South Bend news-times., 1919-04-27
Three Days-Monday,
Tuesday and Wednesday
April 28, 20, 80
1c Buys a Dollars Worth

Pay us the regular price for the first article and get
other of the same kind for Zone Cent"
The United Drug Company sacrifices its profits in order
to get larger distribution of its meritoou produces and
we, (Strebel and Steinel by scientific merchandising and
buying in large quantities. are enabled to add other staple
and popular items also a large list of Drug Sundries
Check off the articles you want and come early.
South Bend news-times., 1919-04-27
CANDIES 1c.


ON ALL TOILET ARTICLES AND PATENT MEDICINES
25c articles; &c SOC articles &c ST articles,
Special Prices on the Following Articles for Monday,
Tuesday and Wednesday:
The Barre daily times. (Barre, Vt.) 1897-1959, 1919-03-01
TALK OF THE TOWN

Elks' ball Tuesday night.-adv.
i, d. Cameron OF Woodstock spent the
morning in Barre on business.
II. II. Lindquist of Boston was among
the business visitors in this city to-day
Gem and Ever Ready razor blades
sharpened, 25c dozen. Barre Drug Co
A. F. Jeffries of Boston was among
the business visitors in Barre Yesterday
c. c. Morse Of Randolph was among
the business visitors in this city yester-
day.
X. J. Homer of New York City was
among the business visitors in this city
to-day.
Dance tonight in Rowland hall; Gil
bertson's orchestra. Admission, soc; la
dies free.-adv
j. l. Stern of New York City arrived
in this city last evening to spend to-day
here on business.
Gods League of Nations" will be the
sermon topic at the Presbyterian church
Sunday at p. m.-adv.
James Woodbury., representative of a
Boston rubber firm, was among the bust
ness visitors in Barre to-day.
Mrs Josie Stewart, who suffered a
HilbNN l. tlho y Hl0i hAHBs dJ AHI uOllEy ~
Hill street, is slightly improved She is
being cared for by nurse, Mrs. B. B.
Gale
A large number of Mortified high
school students visited the Capitol yes
terday and during the afternoon they
visited this city, where they spent sew
eral hours.
Charles Haines and William FELTON,,
both from Bellows Falls, arrived in this
city this morning on business and they
intend to remain until about the middle
of next week.
Miss Anna Blair, who has been en-
ployed in Springfield for quite length
Of time, arrived in this city last night
to spend the week end with her parents
on North Main street.
Mr. and Mrs. J. X. Pirie of Granitevile
are in receipt of a postcard from their
SON, Grover c. Prize, written Feb. 2, tell
ing of continued good health. He is To-
Gated somewhere in Germany at present.
Color Sergt. c. Floyd Seymour of Erie,
Pa, who was recently discharged from
the L. S. army at Mineola, l.. l., is
spending a few days in this city visiting
friends Sergeant Seymour served is
months in the army, II months of his
service being in France.
The Barre daily times. (Barre, Vt.) 1897-1959, 1919-03-01
RUSSIAN SOLDIERS IDLE.
Their Conditions Are Not Such as to
Build Up Army.

yladiyostok, Feb 27 Correspondence
of the Associated Press DR.. Valclav
Girsa, local member"of the Czech nation
al council has faith in the ability OF the
Russians to reconstruct an army, pro-
yided a stable government can be estab-
lished in Russia. At the moment, he
admits, everything is against such an
effort The soldiers are not properly fed,
nor clothed, nor paid. They are kept in
barracks with nothing to occupy them.
They serve one government to-day and
perhaps another tomorrow, and that de-
moralizes them.
"The first necessity said DR.. Girsa,
~is the suppression of bolshevik tyran-
ny and the re-establishment of peace
throughout Russia. To accomplish this
the allies viii have to send troops to
Russia, as distinct from Siberia. Three
divisions of troops would be more than
enough to accomplish their suppression
and would absolutely guarantee state
of peace from one end of Russia to the
other The presence of allied troops
alone would have a tremendous effect
toward pacifying the country. A popu-
lar assembly could be called and gov
eminent elected by the will of the whole
nation.
1T would not be necessary for the
allies to keep troops in Russia for more
than a few months, With an organized
government, established by the will of
the majority and supported by the armed
forces Of the country, there could be no
armed opposition. | am confident that
sufficiently large army could be assem-
bled at once which would be loyal to
such a government and AFFORD it all the
force necessary. Within a few months
the allied troops could be removed. Such
aid from the allies would be welcomed
by the whole Russian nation and would
in short time bring about the desired
end. Otherwise Russia win be given over
to anarchy, which win endanger the
country for many years to come.
admiral Kolchak (head of the all,
Russian government at Omsk) has made
The Barre daily times. (Barre, Vt.) 1897-1959, 1919-03-01
10 KEEP COTTON UP.
Southern Planters Are Joining in Price
Maint aiming Move.

Dallas, Texas, March Fearing cot
ton prices will sink near the pre-war
levels, unless measures are taken to pre-
vent it, southern cotton growers are join
ing in movement for general reduction
of 1919 acreage. In Texas the move has
taken the form of a pledge to reduce
acreage to two-thirds of that of 1916.
The state agricultural department is en-
phasizing the benefits of planting grain
on the acreage thus saved.
The government crop report placed last
years Texas production at 2,5S0,000
bales. Cotton was around IS cents a
pound at the close of the picking season,
but many growers anu some spectators
felt it would reach 40 cents and did not
sell Prices fell, however, with the sign
ing of the armistice, and since then have
been wavering between q and % cents.
Bankers who loaned money to grow
ers found their security diminished, and
plantation owners found their crops of
less value than when harvested. Texas
growers estimate there are 800 900 bales
stored by individuals and in the com
presses. They declare much of this has
been damaged by winter rains.
While cotton at q to 25 cents is high
er than before the war, growers say pro
duction cost is so much higher that they
will lose money at 25 cents a pound.
Last years government reports placed
the Texas acreage at II $4,000. By re
ducing this onethird. bankers and agri-
culturists feel that prices can be held to
a point that viii bring "A profit and also
bring a higher price for the unmOyed
crop of 1918,
The council of defense chairman in
each county and the county agricultural
agent have been named as committees to
aid in an extensive advertising campaign
to persuade all planters to sign the two
thirds acreage pledge.