davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-11-08
High Cost of
Money Slows
Up Speculation
Stock Market Less Active as
Prices Become More Ir-
regular: Rails Come Into
Greater Prominence

II was negative sort Of market in
the industrials yesterday. While one
or two issues, notably American Bosch
Magnetic and Certain-Teed Products
advanced sharply, the list "a n whole
eluctuated within comparatively mar
row limits. At no time WAS there any
great display of strength; but neither
was there especial weakness, although
majority Of the list closed lower
than on Thursday.
Traders obviously took e more con
scrvative position and the so-called
outside public was less eager to buy
the volatile specialties. 1t Is, tenn
porarily at least, harder 20 attract 6
following in such stocks than il was g
week or so ago. All shat was necessary
men was 10 start movement in al
most any issue and The rush TO get
aboard would carry the price up swift
y. Now there is a disposition to hold
'.looi. and every advance meets with
conSiGerahle selling whether by those
who have purchased ri lower levels
and are satisfied with their profits or
by spectators who are going short in
expectation OF further reaction is
not apparent.
The money stringency continued as
ne dominating market influence, and
.eTt'd 70 restrain speculative enthu-
siasm. thereby holding down the vol
Iine o. dealings. l. is plain that when
he bar king authorities began official
y TO fr0wn on speculation they di-
NesteC the market of that buoyancy
VIII had been its most pronounced
characteristic. Although the demand
rate yesterday did not reach the peak
attained the day before, loans were
made at from 10 10 IL per cent, and
renewed at the latter figure, which is
ne record for recent years. Brokers
found II easier. however, TO obtain ac-
commodations over the weekend, de-
spite the fact that the outstanding
oans OF some large houses were close
20 the highest figures ever reached
It was said that money was coming in
iron out o. town.
An interesting feature of tho mar
kct was that trading became dull when
prices We're weak. Declines failed to
Ding out stocks IN any large volume.
This Was regarded by many observers
AS an Indication of great technical
strength. Il is fact that most ac-
counts are better protected now than
hey ever were before. Because Of
sight money and the rapidity with
which prices move brokers demand
arger margins than usual
Railroad stocks were stronger than
me industr'als. and at times more ac-
tive. There has been considerable duiet
accumulation Of the rails during the
ast month. based on the conviction,
row fast gaming ground in Wall Street.
hat Congress VIII not enact lcgisla-
ion that would rob the carriers OF
heir earning power The fact tina.
hey are practically assured of the
guaranteed income until necessary leg
Station is enacted is, Of course. an i'm
poriaut sustaining influence
Southern Pacific was especially
.mons. as was Texas & Pacific. The
strength ot these issues is based
more on their prospects as oil prop
rites than on their future as railroads
New-York tribune., 1919-11-08
Selling Mystery On

Pierce-Arrow is the new mystery
stock Of Wall Street. The strength Of
the stock. which advanced from SO i, 70
98l L yesterday, closing IS points ND. at
96i2, gave rise to all sorts OF rulnors
Regarding the affairs Of the company.
Interests close TO the managemeat OF
the company continue 20 assert Jha-
the rise in the stock IS not warrnf.tea
by earnings. Heavy cash buying Of the
stock was reported Yesterday. which
suggested there might be some truth
IN the story that new interests we're
buying. control Of The company
large short interest in Pierce is said 10
nave accelerated The ndvancc.
New-York tribune., 1919-11-08
Expect S. =. Decision Monda,

On thc bel,e1 THAT the Cnlted STAGES
Supreme Court next Monday viii render
4 decision favorable to the company
in the OIL land case row before that
tribunal, Southern Pacific was actively
bought yesterday. and closed the day
at the Top price OF i12i., which al 50
represented an advance Of . q points
over Thursday'a last sale The Southern
Pacific case nov before the Supreme
Court is OF Importance TO the extent
mat i may establish . precedent to the
more Important case that last summer
vas decided III the company's favor By
the United States District Court In
California, which freed the company
9rom the charge OF fraud IN acquiring
lands helleYcd 70 be rich IN oil.
New-York tribune., 1919-11-08
Better Report Expected

'rhe annual report OF the American
lnseed Company for the year ended
September so last viii be made
public shortly and is expected to show
substantial Improvement over the pre-
ceding year when the company earned
q surplus of 5.77 per cent on the com
mon stocA The company is known to
have benefited from the rise in the
price Of linseed oil during the last
year That commodity is selling IN
the IN market at around Sl.I5 Il gallon.
The report Of the company Cor the
fiscal year ended September 80. 1918.
showed linseed oil carried in It's inven-
tories at $4,000,ooo ON a basis of sc
cents a gallon.
New-York tribune., 1919-11-08
Fewer Steel Stockholders

Figures showing the number Of COM
mon stockholders Of the United States
Steel Corporation at tho end Of the
third quarter of this year indicate that
the smaller holders have been selling
but that their holdings have no, gone
so much into brokers' hands as into
the possession Of the larger share
holders. The number Of stockholders
on September 80 was 73,456, compared
with 74,071 on June 80 and 7s,0lS on
March 81. Statistics recently made
public showed decline in the number
OF shares held BY brokers'
New-York tribune., 1919-11-08
Newcomers on the Exchange

OF the three issues that made their
trading debut on the Stock Exchange
yesterday Iron Products furnished tho
fireworks. Opening at 621a, it soon
climbed to 65, and then dropped back
to 54l4, and closed up = of a point at
54M Coca Cola, another newcomer
on the big board,' bettered its pre-
vious days closing on the curb by 2
points, the last sale being at 43H
Martin Perry. which makes automobile
bodies, had rather quiet time Of it,,
but closed higher at 31l2, against 30Is,
the last sale on the curb Thursday
New-York tribune., 1919-11-08
American Linseed at New High

American Linseed Oil common stock
at 50, yesterdays nigh price. made .
new high record and an advance Of
points from the close on Thursday
The company is controlled by Standard
OIL interests 10 dividends nave ever
been paid on the Sl6.750,0o0 common
stock, but there are in,imations that an
initial disbursement will be voted next
'veek when the directors meet, on Tues-
day. A quarterly disbursement OF IL
per cent viii not be surprising. which
would put the stock on q Is per cent
N.ciS
New-York tribune., 1919-11-08
A. T. Securities Dividend Promised

1t was Officially announced yesterday
afternoon that "A dividend Of not less
than IA per cent will be declared on
A. T. Securities stock on November 10,
payable December g. This is the com
pany that was recently organized to
acquire q substantial amount of com
mon stock OF the American Tobacco
Company.
New-York tribune., 1919-11-08

sold in that month for $4,000 Ybe
lowest price on record for q member
snip on the exchange vas $3.50. paid
., lhe volume OF trading on the cx-
enange this year has been at a rate
lever before equalled Up to date
'i'Y l'oIe man 2to,oOV,o0o shares have been
esa'. tst ..1i ~ against 2S4,29S,ooo shares for
t;,', +;,v 0'' year lso9, record UP TO that
t'mci me activity OF the past vna,.
has been increased By the lar~ ,1',a ,,,,'., ear
be- o. new issues admitted 70 '}'l'a. 35,,a.
New-York tribune., 1919-11-08
The Dollar i'm Foreign Exchange

German exchange fell 20 & new low
record yesterday when marks sold at
80 cents for checks. The previous
lov WAS 2S5
There was "a renewal OF weakness in
rates on London, Paris and Rome, the
after failing TO l1.i5 FOR lire. u new
ON Neutral exchanges were fairly
-teady
New-York tribune., 1919-11-08
Git, Bank Get. Br,uc,,

ne National City Bank yesterday ar.
i.94nced that it had acqe rcd coa..s
- =, tne branch o. the iaterr4-Iora
i'4''F.ins ''l'l;s Corporation a. Medelia. TO-
.omnla' Iris bank VIII he operate,
hraont ny o. lns regular torty-siN foreign
pl4nehes o. the homo in--it-l.lnll
New-York tribune., 1919-11-08

President Pessoa OF Brazil. in ? -
g9n. message 70 the Congress Of h;s
eo@n'ly. .' called attention 10 the IN
S'e"s'hs expenses and growing dea-
o..' ,...'. o. ms government, causing .
ave financial situation. anc ATE eo~
ne Creates economy in the gov.r,.
niFnt services IN order to bring re-
oeiplS ana expenditures more mo h.r-
in inoHE. He said that the detcit of The
a','J I'VE I'VE, ears amounted to $3.50 900 .ooo
i.1-u Iaar '''at Il had been necessary 70 issue
.Y@-.' secured oy customs revenues n
meet them. These bonds held by Tor.
e'ghers, were awaiting redemption
New-York tribune., 1919-11-08
Paris Market Irree,,Iar

~ III IN NoN, Prices moved reg
re,. Oh me hoarse to-day Three pcf
cash. Exchange on London - t,..ar-
- ceh'lmes. Five rer CEN ,oar -
'ahcs 10 centimes. Tnc Ao,lar 0as
=. .'o'sd st franc ee e.. .a.,.
New-York tribune., 1919-11-08
Bonds
Brazil Gets Big Loan
In United States. l. Renor,

KIV JANF7RO Nov 7.-Insisrere
rnmors are IN ci~~4latiou in financial
circles that Bran has contracted =
large loan in the United States The
$50 GOO, 900. '0N'i''"'e1
New-York tribune., 1919-11-08
In Wall Street
"What DO You Think OF the Market

A member Of banking house:
lower prices for these industrial stocks
between now and the end Of the year.
Tho speculation is being ovcrdonc."
New-York tribune., 1919-11-08
London Money Marker

.al. LoNDoN No.. money, 27s oer
ne,' discount rates Short bills. q
per cent; three-morths bills. AZ nsr
cent Gold premium at Lisbon. 1so P''
New-York tribune., 1919-11-08
Money and Credit

a portion of the $25o,ooo 900 paid
n yesterday on account OF subscrip
ions 20 the Nnitcd Kingdom OF Great
Britain and Ireland loan was temper
arily uut out in the call money market
yesterday. While this did not cause
my marked casing in the situation it
did keep the market on a more even
seel and lamentations in rates we're
narrow. Call money renewed at . per
cent. which was the high rate for the
lay while the low was 10 per cent.
The ruling rates for money yester-
day. compared with year ago, were
as folloWs:
New-York tribune., 1919-11-08
Bank of France

pARiS. NOV e. The weekly state
aoa. C thc RarA Of France shows the
'allowlrg changes from the preceding
ecck, I'm francs:
,n.l fs17l4C.ata l.e ts.See
sd Nrr 6.5>s .00o Dec. l.u3D. So
,.otos j.. el- = sos. .511. coo lrc ,ss s.. SIS
.reas H~at lOt.5tJ.oo ooo inc. eN.tS6.IlO
~ pop 1iSf oae ooe pec. so.trl.er2
New adyauce' TO the state amounted
ZOO o0o goo france.
New-York tribune., 1919-11-08

BANK ItArlngS~ nov IOrk. EX
era scs. .o6I729.277; balances. *74,-
iO9 CO;
sub-Treasur, United States Sub
Treasu1y' credit balance. sl23,355; Fed
aral Reserve credit balance, $50, 1876.
%
silver London. G6Md: New York.
S123"s. Mexican dollars, o64 q
slOOl.
New-York tribune., 1919-11-08
Government Acts in France

his Is the situation a. eN -.
today. NiVer coinage ras ac-nalf.
being melted down in France ar.a e<
ported Dnii fae government rut
stern stop u i. The government. now
Ger cannot prevent boarding. arC
ms practice is obviously current ir
France.
Facing sucn situation. govern
.aeN'S hate .A"ce po. lnit gsLr .-
Tho FRS Is buying more .'fssr.
IS oliilcuit II view Of ,hs scarcity O.
lQeAs Moreover. at..iltiolal silver
coinage WoGid oniy gve Increased su
portunities for boarding and netting.
" men are the very practices -hat i
desired 70 stop. Ano-aer sue.-esss..
~ ,eiha;iVe Is tle Nltf5raval Of si..er
coinage and ne ISSUANCE of paper cur
iehcY nut TINS Is objected 10 as nra
moNhg .niia.lon 1 decrease o.
metal reserve and farther issue
'-'N money could serve only 10 sen
P'-ces soaring. and interestingly N,
me me economic structure I, ,h3rf.
; me 0"Sire o. al nation 20 bar r.
against lprther Weakening T-ere ..
mains only one posslb. u. and ~.
IS 10 reduce me awoUut or -i.ar
lte lFact ona- CONS, or. in other s,o,,i-
eeo@se N re. has Is ,ne soitt ON ,sf..
IS AoE almost certainly bong c
aldered IN France. lntnoi a.. l
llSt mad a cable on this YER, ...l.-'.
rom MIR. Breton. vice-Dr.s dem ~ ~
company. who +, now sr paris .,..t.
nF says; Silver purchases p
S"iN" ne lrooical ana Will lead e. .,,.,.
uNtaNffni transactions Tae rr......
III probably be debated .,,e....-
iIg countries and ,srna S.,,s.Q
ably pe discussed"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
MRS. ELLEN M. PARKER'S
WILL PLACED ON RECORD
Documents of Mrs. Emma A
Hawkes. and John L. Osborn
Also Filed.

The will of Mrs. Ellen NJ. Parker,
dated June ., 1916. and modified by
codicil of May IL. 1917. has been filed
for probate.
Requests of 800 each are made to
her sister, Nettie NJ. Leach, and Eliza
beth NJ. Stinemetz, AID a brother,
Thomas P. Morgan. Household effects
and personal belongings are left to
her son, James Southland Parker,
U. S. A.
One-half the remaining estate is
given to the son and the other half
Company, in trust for grandson,
Richard Parker Kuhn, U. S. A, until
he reaches the age of fort years,
when he is to have the trust fund
The Washington Loan and Trust
Company is also named as executor.
The will of Mrs. Emma A. Hawkes..
dated February l, 1911, and modified
by codicil of August 80, 1911, provides
a life interest in her entire estate to
her sister, Frances Epson Lockhart.
Any of the estate remaining at the
sisters death is to go to brother.
Lyman A. Epson. Mrs. Lockhart is
named as eXecutrix.
By the terms of the will of John L..
Osborn, dated December /. 1914, be-
quests of 800 each are made to his
sons, John r. and Hyius D. Osborn,
and two daughters, Mrs. Kate West
and Mrs. Jeanette Hill. Lidia Willett.
a friend, of Charles county. Md, is
given $500 and Mrs. Mary Osborn, a
daughte r-in-law, 81. The remaining
estate is devised to another daughter,
Mrs. Mary Z. Kelley of Alexandria,
Va, who is named as executrix.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
POLICE OFFICIALS HURT
IN TRAFFIC ACCIDENTS
Capt. Doyle and Lieut.. Sprinkle In
jured, the Latter Seriously.
Other Mishaps.

Capt. Robert E Doyle and Lieut.
Joshua L. Sprinkle of the eighth po-
lice precinct were among the victims
of traffic accidents in the last twenty
four hours Lieut.. Sprinkle. whose
home is at 924 Madison street, was
struck by an electric car at 5th and
Butternut streets about $3.50 o'clock
last night and SO seriously injured
that physicians at Emergency Hos
pital said his condition was critical.
Capt. Doyle was knocked down by an
automobile in front Of his home, 1416
Irving street, this morning about 1880
o'clock on his return from a visit to
the hospital to see the injured lieu
tenant.
Sprinkle, while apparently waiting
to board the car, advanced to the
tracks and got directly in its path.
He was hurried to Emergency HOS
pital, where surgeons reported ne
probably had received a fracture of
shock This morning he was con-
scious and showed signs of improve
ment.
Capt. Doyle, in command of the
eighth precinct, was among the nrst
police officials to reach the hospital
He remained there some time, start
ing home in an automobile about l
o'clock. Reaching his destination, the
captain alighted while it was run
ming and was struck by an automo-
bile owned and operated by Mrs. Roy
Williams, Wardman Park Inn. A cut
on his head and injuries about his
les were treated at Emergency Hos
nj al
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
Some Other Things

Oh, PARTNERS, let us not for
ever discuss the war and what it
cost; it is not wise or sane or
clever-we're all convinced war
was a frost. Well have to turn
our faces forward, and think of
things that should be done, and
not be always gazing warward,
Or making faces at the Hun.
When we are resting in the
cleaning we may thrash out the
facts once more, and give the
Teut another combing, and tell
old tales of bones and gore. But
in the daytime we're expected
to put up nineteen kinds of
grass; in war days things were
much neglected, and now re-
forms should come to pass. The
story of the past is written, it
cannot be erased by men; words
can't restore the countries smit-
ten, or make the dead towns live
again. All fellows should be UP
and doing while daylight hours
with us abide; the evening is the
time for chewing such muslin as
great wars provide. There's
now great demand for labor, in
wareroom, workshop, mill and
grange; but when the men OF
sword and saber come back
there may be quite a change.
Then he who did persistent talk
ing, all day, around the village
pump, will lose his number and
go walking, and keep on till he
hits the dump.
WALT MASON.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
FUEL ADMINISTRATION
WITHDRAWS SUPERVISION
Government Departments Must
Look Out for Own Coal Sup
ply in Future.

The fuel administration is with
drawing it's supervision over the sup
plying of coal to governmental de-
partments, it is announced. Those
directing the District fuel admins
tration have been instructed to can
eel such orders as they may have had
requiring the shipment of Navy coal,
explaining to coal dealers that Navy
orders heretofore placed continue in
effect, except as modified or Cancelled
by the Navy Department.
1t is only the fuel administration or
ders that are Withdrawn. thus leav-
ing the matter entirely in the hands
of the Navy Department and the coal
dealers, as was the practice prior to
the formation of the fuel administra-
ton.
The Treasury and Interior depart
ments will resume direct handling of
their own coal requirements as of
January 81. While the War Depart
ment is not overstocked with coal, it
has about thirty days supply on
hand. 1t has assumed direct handling
of it's coal requirements since Janu-
airy l last.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
GEN. HEADLAM TO SPEAK
AT ASHLAR CLUB MEETING
British Army Officer and Repre-
sentative Champion Will Address
Masonic Organization Tonight.

The Ashlar Club at the New
Masonic Temple tonight will be ad-
dressed by Maj. Gen. Headlam, K. c.
B.. chief of artillery, British army.
and Representative Louis c. CHAMPION
of Michigan. Ranking officers of the
Army and Navy will be present.
The sailors on board II. NJ. S. War
rior, with their celebrated quaftet,
will pay their American cousins "a
visit on the eve of their departure for
home. The president of the Ashlar
Club has extended an invitation to
all men in service uniform to be pres
ent on this evening. whether of the
fraternity or not.
Gen. Headlam saw action in several
battles early in the war and distin-
guished himself at the battle of Mons.
He will describe this battle.
Representative Champion has re-
Gently returned from the war zone,
where he spent the greater part OF
three months. visiting during that
time England, France. Belgium. Italy
and the Balkans. He will touch on the
high places of his inspection trip.
Music will be on the program.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
W. S. S. PLANS FOR 1919.
Agents Certificates as Statesmen
Soon to Be Ready,

The Treasury Department is having
prepared new certificates of authori-
cation for selling agents during the
1919 sale of war savings stamps. The
234.3G4 agents. throughout the United
States, who were authorized to sell
the war stamps during last year. will
receive the new certificates as soon
as ready.
The war stamps for 1919 are to be
known as the Franklin issue. They
bear the likeness of Benjamin Frank
lin, and will be blue in color instead
90 green as We're the stamps of the
1918 issue. They will be supplied the
selling agents through governors of
the twelve federal reserve bank dis
tricts.
The thrift stamps will be of the
same design as last year, and may be
placed in partially filled thrift cards
When filed with the 25-cent thrift
stamps, the cards may be exchanged
through the authorized agents for
1919 war savings stamps.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
ORGANIZE EMERGENCY AID.
War Risk Employees Form Allot-
ment and Allowance Association.

An organization for the purpose Of
rendering emergency aid in all cases
of distress, sickness or death has
been effected among the employees of
the war risk insurance bureau. and
has been named the Allotment and
Allowance Association. This organiza-
ton performed effective emergency
work among victims of the influenza
epidemic from the war risk bureau
and now plans periodical lectures and
entertainments as an adjunct to it's
relief work.
officers of the association are: e. c.
Brown. superintendent allotment and
allowance division, president; Harrie
White, first vice president; Mrs. Sarah
Clark. second vice president: Dorothy
Lanis, third vice president; Mrs. Marie
Downey-Werner, social secretary;
H. Taylor, recording secretary; A. B.
Onwake. treasurer; executive commit
tee, Elizabeth Bell. S. w. Lacy. H.
Jones. Louise Proctor. Anna Starks
and w. j. Donahue.
An informal dance has been sched-
uled by the association for the, even
ing of January Is, at the Raleigh
Hotel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
CAR TICKETS PREFERABLE.
A Suggested Sliding Scale to Avoid
Use of Pennies.

To the Editor of The Star:
1t is much to be regetted that the
advantages of street car tickets were
continued. These advantages are
threefold: They reduce the handling
of dirty change. They reduce the
work Of conductors in making change,
thus enabling them to pay more at
tention to the comfort and safety of
passengers. They furnish a flexible
method of providing for the financial
needs of the companies.
The first and second advantages
need no explanation. The third adj
vantage is that by the plan of selling
a certain number of tickets for a
quarter the number to be so sold can
be fixed according to the existing finan-
cial needs of the companies to cover
overhead charges, keep rcadbeds in re-
pair, rolling stock up to requirements
and pay reasonable profit to capital
and a reasonable wage to labor.
If it is now necessary to charge a
quarter for five tickets, this plan should
be adopted temporarily, and if in the
future more revenue is needed the num-
Der of tickets for a quarter should be
reduced to four, or If less revenue is
needed the number of tickets should be
increased to six. In this way flexible
method can be created which will be
fair to all at all times.
To induce the public to buy tickets.
ten cents should be charged for a single
fare and a ticket be given in exchange
for the money with which to pay the
fare SO as to prevent the knocking down
of fares by conductors.
The plan Of charging any cash fare
between five and ten cents would great
ly augment the use of pennies, besides
Increasing loss through fares being
knocked down. Probably the best way
to minimize loss of fares is by the use
of boxes into which tickets should be
dropped.
With the proposed plan there is no
reason why the public should not enjoy
universal transfers or why extra fare
should be charged for greater distances
as has been proposed. In fact, this pro-
posal, if carried out. would entail an
extra hardship on those who have to
travel further to and from their BUSH
ness, instead of dividing the financial
burden with those who do not share this
daily Inconvenience
WILLIAM P. EMO.