davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-08-29
COTTON MARKET.

In dulness the cotton market was yes
terday no exception to its showing dur
ing the previous days of this week. trad
Ing on the whole continuing professional
or Of an evening up character, owing
to the holiday to begin tomorrow. On
Tuesday there will be but one hour Of
trading before the Government condi-
ton figures as of August % make their
appearance, and II is only natural for
the speculative elements TO balance COM
mitments at this time. At irregular in
tervals there was yesterday considerable
covering by outside shorts, local room
traders and the bigger Wall Street OPP
orators satisfying the demand. There
were few new factors. and with the
market in its present state. little atten-
ton is paid to outside DEVELOPMENTS
At the opening on the local exchange
prices were TO rs points lower. jan
uary was first sold at 31.S5 cents and
July at 31s7. Following the call the
list recovered n good deal of its early
decline, but broad interest on either side
OF the market was lacking. Brokers op-
Grating for Liverpool acted both ways,
buying mostly in the later business The
trade in general took q bullish opinion
of the labor situation and continued
favorable comments on President WILL
sons stand against labor were heard
The afternoon session saw the best
levels Of the day established. prices be-
ing bid up 10 to 30 points over the pre-
vious ending. The majority OF broker
age firms look for a bullish report next
Tuesday, but numerous private esti-
mates have discounted greatly the off,
clal figures Prices held we'll until the
last few minutes OF business when
scalpers began TO take profits and New
Orleans hedge pressure increased. The
close was sharply of from the best and
barely steady at a decline Of IL to p
points
The sun., 1919-08-29
WOULD STABILIZE EXCHANGE.
Plans for Making Dollar Legal
Tender I'm Britain Proposed.
Special Despatch TO TEE SUI.


LONDON. Aug. 2s-The Evening Globe
gives prominence to the new idea for
stopping exchange fluctuations and i'm
proving the trade outlook. II is suggest
ed that steps be taken immediately 10
oeclare the United States dollar bill legal
tender in British at par for shillings
?'pence, and at the same time declar-
Ing the British pound note legal tender
at the same rate in the United States
for 40 cents This, according to the
Globe correspondent. would do away
with a great deal OF uncertainty and
avoid the risk of robbery between States
through the medium OF high finance and
help toward the establishment Of the
extension confidence between English
speaking peoples.
TT all depends on whether our alliance
IL real or only pretence," says the Globe
Correspondent. We are all of the same
h.cod, hut blood ties do not count in
peace time for business purposes The
question is whether we have realized
clat our interests are common enough
fer any real union. Ifso, It should in
clude the declaration of mutual legal
tender for each peoples. State or State
guaranteed paper money would stabilize
exchange permanently"
The sun., 1919-08-29
CUTS FOREIGN INTEREST.
Bank of England Reduces Rate of
Non-British Deposits.

According to sdvices received in Wall
Street. the Bank of England has reduced
the interest paid on foreign balances
from Az to 8 per cent. The Bank OF
England has been allowing ~ per cent
on foreign accounts since November,
1915, In order to retain foreign funds
IN London and aid the sterling exchange
situation. Since January IL the rate
has not applied to French. Belgian and
italian balances In order not to compli-
cate still further the adverse exchange
position OF those countries.
The action Is Independent OF what the
London banks are paying on their own
account The Bank OF England's inter-
est allowance applies only to balances
OF big American and foreign institutions
with IT, Such accounts probably are not
very numerous.
The sun., 1919-08-29
Buenos Ayres Grain Price..
FINANCIAL NOTES.

H:cCrory Stores CORPORATION repor.s sale,
Tor July OF FSIo,Se2. an Increase OF SIC, ESQ,
compared with those OF the same time
West India Sugar Finance Corporation
mas sold 10 Potter Bros d Co $500.
600 OF its per cent. cumulative sinking
fund preferred stock. the proceeds Of
which will leave the company free OF
floating Indebtedness other than accepted
draf;E against sugar In warehouses and
increase the company's current working
capital TO more than S. 900 600.
E T. Clymer. formerly with BonhriEht
s. Co, has become associated with tho
Administrative department Of Chandler &
Mechanics and Metals National Rank
has been appointed registrar OF the per
cent. cumulative sinking fund preferred
stock Of the West India Finance Corpora
ton.
. West & Co. Potter Bros. &. Co. and
Hemphlll. Noycs q Co. syndicate man
ayers Of the stock Of the Woodburn on
Corporation announce that that issue has
New York Title and Mortgage Company
Is offering t275, 900 81 per cent. guaran-
t0ed hrst mortgage certificates They are
Issued In denominations of 800 and up
ward. interest payable semi-annuAlly, in
June ana December, and secured by a
FIRST mortgage on the nine story apartment
house 100 West SEVENTEEN street.
New York Cotton Exchange membership
of Robert II. Holmes Of Moyse & Holmes
has been purchased by George b Post OF
Post IS Flag for $4,000. The last pre-
yious sale OF such seat was for S24 900.
Yesterdays sale establishes n new high
for New York Cotton Exchange seats
Managers Of the New York Produce Ex-
change have decided not TO open that ex-
change Tomorrow. The Chicago Board
OF Trade viii be the only big market open
tomorrow. II claims that a double holi-
day permits too great an accumulation OF
grain 20 be handled properly.
The newly organized VivRudou Company
which will acquire the business recently
purchased from the United Drug Company
by Mr.. Vlyaudou. founder and active head
OF the business, with a group OF local
bankers has leased and IS operating an
additional factory in this city. 1t is un-
derstood that a syndicate is being formed
TO underwrite a substantial portion OF the
stock OF the new company,
Cleveland and Pittsburg Railway Com
pany has applied to the New York Stock
Exchange to list s523,s5O OF its additional
special guaranteed betterment stock
Equitable Trust Company OF New York
has been appointed transfer agent of the
Hughes Petroleum Company.
Governors CT the Consolidated Stock Ex-
change Of New York have voted not 10
open that exchange tomorrow. The Bos-
ton and Philadelphia stock exchanges also
Will remain closed.
The Financial Neics OF London has issued
special financial edition OF thirty-two
pages called the Anglo-American Peace
Finance Supplement, in which the financial
situation in this country and in England
is thoroughly discussed. Many Wall Street
institutions are represented in the edition
The sun., 1919-08-29
MERGE BANK AND
TRUST COMPANY
Liberty National and Scandi-
navian Consolidated With
$5,000,000 Capital.
DEPOSITS ARE 100000 900
Business Of Combined Institu-
lions VIII Be Conducted in
No. 100 Broadway.

Another banking consolidation was an
nounced yesterday when the Liberty
National Bank made known its acqui-
sition Of ths Scandinavian Trust Com
pany of this city. The merger may be
regarded as in line with the policy of
metropolitan as well as Of country banks
70 make the most of the privilege of es-
tablshing and expanding trust depart
ments permitted last year by amend
ment of the Federal reserve act
The Scandinavian Trust Company was
rounded two years ago for the purpose
OF doing general trust business, but
more particularly of providing merchants
of the Scandinavian countries and the
United States with the financial means
for carrying on international trade. Its
development OF financing Of trade be-
tween America and the Scandinavian
nations led TO an expansion of It's ac-
tivities to a general foreign banking
business. From June, 1917, to the pres
ent time the company's deposits have
grown from s2,0OO,o 900 to s26.671. 900.
1t was stated at the Liberty National
Bank that in acquiring the trust COM
pany the bank had in mind the latter's
specialized facilities for trade with the
scandinavian countries Alexander 3.
Ostrom, president Of the trust company,
will become vice-president of the Lib
erty National Bank, and the other Of
hcers and entire stan will be provided
for by the bank. The consolidation will
carry with II a total capitalization of
s5,000,o0o and will bring the total de-
posits Of the consolidated institution to
approximately 100000. 900.
The banking rooms of The trust COM
pany in Sc Broadway will be closed and
business OF the combined companies will
be conducted from the banks quarters
In l20 Broadway. The consolidation was
effective as Of the close OF business yes
terday.
The sun., 1919-08-29
COFFEE MARKET.

All indications IN the coffee market
pointed yesterday to weak Brazilian
situation and lower quotations in the
local spot market. which resulted In
very much lower futures prices on the
local exchange. On the call prices were
Ii TO 25 points below the last previous
close and tnde longs selling freely,
their offerings bains absorbed by inter-
ests believed TO represent commission
houses and foreign operators Later
in the day private cables continued to
report further weakness in Santos and
prices broke sharply, the market be-
coming excited and active and the de-
cline carrying values 90 to 100 points
net lower Just before the close.
The sun., 1919-08-29
DECLINE IN HOGS
DEPRESSES CORN
Weak Tone Prevails in Cereal
as Live Stock Arrives in
Great Numbers.
CASH MARKETS ARE SLOW
Oats Follow Corn-PrOvisions
Are Lifeless During All
of Session.

The sharp decline in hogs had yester-
day depressing effect on the corn mar
ket and as a result n weak tone pre-
vailed. Hogs broke s1.25 to 50, making
total loss OF nearly SO for the last few
days. That weakness was due to the
large amount of live stock which came
yesterday into the yards. There are
reports that another good sized number
is due to-day. Farmers have come TO the
conclusion that the Government really
means to reduce prices and are going to
get rid OF their holdings for the best
figures possible. Another reason was the
boycott in the West of provisions, which
naturally was felt in the hog market.
The people in the West have undertaken
to bring necessities within their res ch by
pledging themselves to abstain from
pork. Sentiment continues bearish 1t
is felt generally by the shorts that the
President will weave into his speeches in
favor of the League OF Nations as he
swings around the country n plea to
lower the cost OF living. Cash corn was
weak.
Weather news was favorable, with
rains over the belt. The additional rains
checked deterioration in the Sc Z hwest
and were beneficial to the other sections
Crop experts at work on estimates are
said TO be increasing the previous figures
because Of the good weather which the
crop has enjoyed. While the car short
ege in the middle West is still serious
there are reports that the receipts may
be expected to increase More old corn
is being prepared for shipment The
days declines brought the new crop
months to new low records for the sea-
son. And now that the options are SELL
ing low S125 corn IS predicted by a
great many. and there are some who
see even 81 corn.
Oats were weak following corn and be-
cause OF heavy liquidation and lack of
foreign trade. A great many farmers
are keeping new oats to use on their
farms. Their weight is SO light that
more than the usual amount will be
needed. Country offerings were larger
but cash demand was slow. Covering by
shorts checked the declines. Provisions
were weak throughout, pork dropping
$3.50 a barrel and lard one-quarter to
three-quarter cent a pound Selling was
attributed TO the break in hogs and the
ban on provisions in the West. The pres
sure Of the Government supply also is
affecting them.
Local grain. &c. quotations OF yester-
day follow:
CORN-1n the local cash market No.
yellow was quoted at t202&, No white
S2.0Sa, cost and freight New York.
0ATs-No. white quoted at s5c,, No.
white sac, No. white s2QS3c.. No.
white 81 q SIC, all elevator.
RNE-Market weak. No. Western.
s1.56. cost and freight New York.
BARLEY-Market easy. Feeding s1E;
mailing, l.44. cost and freight New York.
BUCKwHEAT - Market dull. Sound
milling. $3.50. cost and freight New York.
HiY-Market barely steady. No. /,
sl.soGl-s5: No. :. 3l.75a I.So: No. g.
Sl45g1.55; shipping, sl.20al.so.
sTRAW-Market quiet No. ! rye. 3il
a ton.
The sun., 1919-08-29
ELECTIONS AND MEETINGS.
TO THE STOCKHOLDERS OF
ST. LOUIS SOUTHWESTERN
RAILWAY CnMpANy

St Louis, Mo. August 20, 1919
Notice lie hereby given that the Annual
Meeting of the stockholders OF St Louis
Southwestern Railway Company will be
held at the General Orices Of the Company
in the Railway Exchange Building, Sixth
and Olive Streets, in the City OF St Louis
Missouri. on Tuesday, October :. 1915, az
nine o'clock A. Nj. for the election Of
Directors of the Company in conformity
with the Bylaws, and to consider the ea-
pediency OF ratifying a certain agreement
with the Director General OF Railroads re
lating to operation. computation and
other matters connected with. or growing
out OF, the taking over by the President OF
the Conpanys railroad and system OF
transportation. and for the transaction OF
such other business as may legally come
before said meeting.
The regular Annual Meeting OF the pi-
rectors OF the Company will be held at the
same place Immediately after the adjourn
ment OF tho Stockholders Meeting
The Stock Transfer Books Of the Com
pany will be closed on saturday. septem-
Der 6. 1919. at twelve o'clock noon and will
be reopened At ten o'clock A. NJ. on
wednesday. October g. 1918.
!. NJ, HERBERT. President
ARTHUR J. TRUSsELL Secretary.
The sun., 1919-08-29
LIVE STOCK MARKET.

BEEvES-Reoeipts. go head: mainly
consigned direct TO slaughtererL No trad
ing o-dAy; feeling unchanged. Dressed
beef slow. at i7Q24e per ID. for common
20 prime native sides
CALVES-Receipts. 1850 head: 1890 on
sale with stale Westerns. Neas steady;
Westerns in oversupply and consldera bly,
lower. Ordinary to prime veAls sold at
s1s.5O025 per 100 lbs. Western calves.
sl0ql4 Dressed veAis steady; city dressed.
do, 2sG96c. per 10 country dressed. do,
26assc: dressed Westerns and coarse
heavy calves unevenly lower.
Sales-S. Judd a Co: ~ Western calves,
100 lbs, average az; lo7. ls7. sl2; 70,
247, sll as; CO. $50, tll: ais, 222. 1850:
so. sos slof5; 1ss. e7s 80, Ksrns Com
mlssion Company; sS veAls. ia. t35: c.
100, $3.50. Tobin a. shannon: S7 Ohio
Veals. III. i2l; 20 calves, 2os, SIS.
SHEEP AND LAAIBs-ReceIpts. $3.50
head; IS cars on sale. sheep and prime
lambs steady; medium and common lambs
hard 10 sell at lower figures; q number OF
cars unsold. Common to prime sheep 81 n
.; eulls s2dt; lambs ss9i7e5; eulls, SEQ
The sun., 1919-08-29
RRAzrLiAN oorFEp STATISTICS.
Australian Wool Ban on June so,

MELBOURNE. Aug. 27.-The exporta-
ton of wool from Australia to the
United States will become possible after
June 80, 1920. when the Central Wool
Committee, which has controlled the out
put OF the commodity for the British
Government. ceases its activities Ac-
cording to an arrangement between the
british Government and Australia, all
Australian wool had been sold to Great
Britain until the end of the 1920 fiscal
year. Further control OF the common
wealth wool may be necessary. 1t Is be-
lieved, unless an effort is made to in
crease the available shipping.
The sun., 1919-08-29
TIE DELAWARE a hudson COMPANY.

New YORK, August =, 1913.
\ quarterly dividend Of TWO AND ONE
QUARTER t2i. PER CENT, on the cap
ital stock OF this Company IN favor OF
stock holders OF record Al the close OF
business to-day has been declared payable
at the once OF this Company. % Nassau
Street. in this CITY, on September 20, 1919.
provldcd that before said date there shall
have been received from the United States
Government a sum sufficicnt n the opinion
Of the President, with other available
funds to pay tho same. aEI payable at =
later date when, rs and II such sum shall
be 20 received.
by order Of the Board Of Managers.
IA
The sun., 1919-08-29
Bank of England Statement.

LONDON. Aug. 2S.-The weekly state
ment OF the Bank Of England shows the
following changes: Total reserve de-
creased $4,000. circulation increased
1899. 900, bullion decreased 1887. other
securities decreased !3,44j.OOO. other de-
posts decreased 1901 600, public deposits
decreased $4,000. notes reserve de-
creased E293. 600. Government securities
Increased f3.S66,OO0. The proportion o,
the banks reserve 20 liability this week
is 22,T6 per cent F.; last week II was 1884
per cent Rate Of discount per cent.
The sun., 1919-08-29

mon. Ss.75a MS; light weight. good and
choice, SIS 5odl7.b SO common and medium.
WEE glS SO. butcher cattle, hsifers, $3.50
l4.bo; cows. SC 5Oul2; Gamers and cut
tiers. $3.50 $50; veal calves, light and
handy weight 1880 1850; feeder steerr,
E,S09lS; stocker steers, s7Qlo.5O; West
ern range steers Ss.s59l6: cows and
heifers 3Yal3.
sheep-Receipts, $4,000; estimated 20.
morrow, 10000; lambs mostly so cents
lower: sheep so to 7S cents lower LambS,
So pounds down. Sisdl6.2b; cults and com
mon, Ss5Ogl2.50; yeRrlinE wetherA SiOd
l1.75; ewes. medium. good and choice, 81 so
ltS-l5: culls and common. Glnl.
The sun., 1919-08-29
CHEMICAL CONCERN
LOSES IN EARNINGS
American Agricultural Sur
plus Falls to So, 498,773 in
Last Fiscal Year.

According TO the annual report Of the
American Agricultural Chemical Com
pany for the year ended on June 30,
me de public yesterday, the company
earned a surplus after Federal taxes,
charges and preferred dividends, of
S2,4ss.77s. equivalent to $3.50 a share
on sS1,655.2oo Of common stock out
standing, against s6.452,531. s25 a share
In the last previous corresponding year
on t1S.00O.000 common stock then out
standing. Tho income account of the
company follows:
The sun., 1919-08-29
P. R. R. STOCK IN MORE HANDS
Average Holding Reduced-Num-
Der OF wesen Hoides- Gains.
Special D~~pafoA IN TIM aur


PHILADBLPHIA, Aug. 2s.--A new high
record In Pennsylvania Railroad stock.
holders has been reached. The aggregate
was ll2,2l6 on August 1, an increas o.
OF SIS, compared with the showing for
July l and s,03s compared with that o,
August /. 1918. The average holding
on August ! was sSe5 shares. In two
105.s5. - wa
II was brought out that the ratio of
women holders was increasing to a
greater degree than that OF the opposite
sex. About 80 per cent of the $500.
100000 capital stock lie held by women.
On August /. 1913, II was 1884 Der cent
Changes in the location of stock dur.
ing the last year are PENNSYLVANIA.
SI.61 per cent. increase 2.l2; New York
Sz2S, decrease, 2.04; New England
1885, decrease 0.35: foreign l.se. de-
crease Ola and scattering 1892, Increase
o.41. On August 1 the average holding
IN pennsylvania was 7s shares, In New
YORK leb shares, in New England rs
shares and foreign 100 shares
on August the corporation held sss
shares. an increase of so, compared with
the figures of a year ago.
The sun., 1919-08-29
PIERCE BUTLER FIERCE
MANUFACTURING CORPORATION,
Twenty ear Sinking Fund 6ce Gold Bonde
nIIa Acloha.

Notice is hereby given that the under
signed. as Trustee under the First Mort
issue OF bonds above described. will. pur-
suant to ASticle of said mortsase. re-
ce!Es seated proposals UP to 3 p. M
TO IL for account of the Sinking Fund. at
price not to exceed l05 q OF par value
Of sufficient of said bonds to exhaust the
sum of $4,000; payment TO be made from
funds 10 be furnished by the said Corpora
ton.
Proposals should be placed in sealed
envelopes addressed Tenders for Account
OF Pierce Butler Pierce Manufacturing
Corporation. Sinking Fund" and sent to
the undersigned, at its main office, No.
40 Broadway, New York City. The UNDER
signed reserves the right TO reject any or
all tenders
EMPIRE TRUST COMPANY.
BY II. +. WHITNEY, Asst. Trust Oficer
New York City. Aug. %. 1919
The sun., 1919-08-29
Bank OF France statement.

Paris, Aug. 2s.-The weekly statement
Of the Bank Of France. issued to-day.
shows the following changes: Gold In
hand increased 1.s5s.5s7 francs; silver
In hand decreased 93s.245 francs; cir
culation increased 2e,2s0,175 francs
Treasury deposits increased 24.61z.877
francs general deposits Increased 1880
SIS francs; bills discounted decreased
2a,es5.s57 francs; advances decreased
2.Oes.7e0 francA
The sun., 1919-08-29
New Orleans Cotton Market.

NEw ORLEANS, Aug. 2s.-Although
there were periods of steadiness the gen
eral trend in the cotton market to-day
WAS toward lower levels under the effect
Of greatly improved weather conditions
The last prices were at net losses of
16 to 20 points The close: October,
3L4oc.: December. Sl.42c,; January,
al.44c.; March. S1.b0c.; May. 8l.soe.
SPOT quiet and unchanged; mlddling
3l.25c.
The sun., 1919-08-29
BENNETT SURPRISING COFFEE
COMPANY

To Holders Of F1ve-Year Six Per Cent
General Mortgage Gold Bonds, issued
under and secured by tndenture dated
March LIST, 1876
NOTICE Is HEREBY GIVEN, that q,
accordance with the provisions Of Article Third
Of said indenture. dated March LIST, 1915 and
nett Surprising Coffee Company, above
mentioned Ftve-Year Six Per Cent. General
Mortgage Gold Bonds outstanding in coupon
form, bearing the following distinctive NUM-
bers. have been drawn by lot by the under.
signed IS Trustees. under said indenturc. for
redemption on September 2nd, 1919 out on
moneys on deposit W It'll the Trustees 70 viii.
The sun., 1919-08-29
THE OHIO CONNECTING RAILWAY

Ofice OF the Treasurer
Pittsburgh. Pa. August /. 1913.
First Mortgage Bonds OF this Company
70 an aggregate cost OF NINETEEN
THOUSAND SEVENTY Dollars (Sl9.O7O.OO)
will bs purchased September >, 1919 for
the Sinking Fund. from the lowest bidders.
al a price not TO exceed par and interest
Sealed proposals TO SCI bonds must be
In the hands OF The Farmers Loan and
Trust Company, New York City. before
twelve o'C.ugk noon. saturday August 30
cred on September End or security fur
nished that day, IL required, that delivery
will be made within ton DAYS
T. ii. Ii. Mcknight. Treasurer.
The sun., 1919-08-29

Said Bonds so drawn for redemption Will
be paid at any time at the once OF the Treas
urer. 147 Reade St.. New York City, upon
presentation and surrender Of said bonds with
all coupons maturing subsequent 20 March LIST
1919, at par and interest accrued to the date OF
presentation II presented on or before Sep
TENDER LIST. 1919. II presented on or after
September list, 1919. with interest TO and In
elusive OF September LIST. 1919. after which
date interest Will cease.
Dated. August 21st, 1913.
JOHN sCHOLL,
FRANK d. WHITE,
ALBERT A. DAHN.
Trustses
The sun., 1919-08-29

Liverpool Gables. Ofncisl-spot cotton. more
doing middling II points lower at 1914 sales
100 bales. including 1900 American. Imports
5000 bales, none American. Futures opened
quiet at TO points advance and closed
steady at net gain Of TO points October
closed 1916; January, 2O6 March .eil; NAV
soil. Mnnchestsr-Yarns and cloths quiet and
unchanged $3.50 @''N
The sun., 1919-08-29

Coffee Cables-Rio was Is rem higher At
1890 for IL. Rio exchange on London l-szd'
lower At 1INd. Receipts u, 900, and stock no.
600 SANTOS spots were quoted eoo refs lower
at 20sOO0 for ls. Futures were 70 reis lower
for December and s75 reis lower TOT septem-
her ReceIpts q, OOo and stock 1s02, 900 bags.
Receipts At the two Brazilian ports loo bags,
against SO 800 last year. Sac Paulo receipts
% O0O aeninst 50 600 year ago Jundiahy re-
ceints 20 600 compared with "a 600. The weather
Wns hne in an districts Of Sac Paulo with tenn
peratures ranging from So TO 81 degrees.
The sun., 1919-08-29
BY Order Of the Food ~ Dir-eiors
SOUTH Porto RICO SUGAR COMPANY.

NOTICE is HEREBY GIVEN that the
outstH ndlnE dividend scrip certificates Of
this Company SsrieF d ISSUED on April
lst 1879 will be redeemed on October Ist
1919 at par and accrued interest 10 said
date az the once OF Messrs William Schsii
4 Company. - william Street New York
city. and that said certificates will mature
ana become payable on said October LIST.
1919 and Will cease to bear interest from
and after said date
BY Order Of the Rosrd o. Directors
y \ DILLTNGHAM. Secretary.