davidaulloa/AmericanStories huggingface dataset:
Newark leader. ([Newark, Ohio]) 1917-1946, 1919-10-31
LABOR'S DUTY AS AN ELECTIVE
POWER
(By John Bush.)

ONNSS lIOO ctNNO1NAIIA w viz SNPPS~A
ance, but judge righteous judgment" "
Through tatter'd clothes small vices
do appear;
"Robes and furr'd gowns hide all"
"The worlds great men have not
commonly been great scholars, nor its
great scholars great men,"
Here are three quotations which
we people in the labor movement
should consider prime essentials to
the success of our purpose at all
times, though particularly at election
time.
We, through experience, appreciate
the necessity of cooperative activity
in the legislative function of our COM
munity and the nation. The one most
essential duty Of organized labor is
to cooperate in the selection of de-
corous representatives.
"Our business in the field of fight
as not to question, but to prove our
might"
owe must all hang together, or as
suredly we shall all hang separate
ly," said Benjamin Franklin at the
signing of the Declaration of Inde-
pendence, and this famous quotation,
owing to present conditions, is one to
which organized labor should take
cognizance.
Our Constitution has long been in
operation; everything appears to
promise that it will last; but in this
world nothing is certain but death
and taxes. The God given rights of
the Constitution have been handed
down to us by our forefathers, and
should they be forfeited the fault
rests with US.
Labor is the plurality which can
and should govern the legislative
bodies of the city and nation. To
accomplish this object we must at
tend to our duty as American citizeus
by not only choosing proper repre-
sentatives but by making our wishes
known to them while in office. When
they prove themselves just, honest
and honorable they should be accorded
energetic support.
The time is opportune, inasmuch as
November 4th is election day, for or
ganized labor to exercise its rights
and demonstrate its might. The can
didates are all known to us, and it is
our duty as well as our privilege to
consider the qualifications
of each aspirant before deciding who
we should elect. We should not judge
from a political or religious stand
point but judge righteous judgment.
There are many who enter the pol
itical field for glory and to seek
financial gain by fraud and shams,
and it is for this reason that organ
lied labor should be cautious and
learn the facts about the candidates.
To be able to gain this knowledge
every local organization which has
not already done so should appoint
an active legislative committee, whose
duty it is to study legislation and
note carefully the attitude and in
clinations Of candidates, and make a
report at each meeting of the facts
which they have learned. This IS
customary in most locals, but the
time has come when we should be-
come more and more watchful and
attentive to these affairs which are
so essential to the success of the Ia
Dor movement. Public trusts should
not be placed in the hands of any man
until he is first proved and found
qualified for the position to which he
aspires. 1t is our privilege as we'll |
as our duty to elect our friends and
defeat our enemies.
Newark leader. ([Newark, Ohio]) 1917-1946, 1919-10-31
Reward for Efficient Management.
Telephone
Service.

Under the present plan of making telephone rates in Ohio
there only reward for efficient management of teIe
phone property that is to allow the company with such
management to make fair return upon the investment actu-
ally made in the plant
This company efficiently managed; it does give good
telephone serviCe-none better.
The amount of its outstanding stocks and bonds is less
than the actual investment in its plant.
The owners of its stocks and bonds receive and per
cent the investment No apprecidbe surplus is
piled up in addition
takes the present rate for telephone service to do this
Is not the efficiently managed Newark Telephone Com
pany entitled to the reward of paying its stock and bond
holders and per cent? That's all the financial reward
anybody is getting out of it.
THE NEWARK TELEPHONE COMPANY,
Charles E. Holander,
General Manager
Newark leader. ([Newark, Ohio]) 1917-1946, 1919-10-31

Be it resolved by the General Assembly of tn,
State Of Ohio, three ffths of the mem
bers elected to each house concurrini
The sun., 1919-05-23
CHATHAM & PHENIX
TO ADD TO CAPITAL
Bank Plans to Double Stock to
100000 If Shareholders
Approve Issue.

Tho Chatham and Phenix National
Bank. It was learned yesterday. has de-
cided to increase it's capital stock from
ss,boo.ooo to $1,000. 900. Such action re-
qutres formal approval by the directors
special meeting of stockholders to
sanction the increase and authorize the
new issue probably viii be held in June
The offer OF the new stock to present
holders Mt par will represent a melon OF
considerable size. as the outstanding
stock has been steady at 400 bid, Ale
asked for long time. the bid price
rising yesterday to 4o7. The bank
through absorption of several State in.
situations. has about twenty.eigh,
branches scattered about this city. In
number Of branches II Is second only tc
the Corn Exchange Bank
According to last Saturdays banh
statement the Chatham and Phenix Ma.
tional had s3.5o0.0O0 capital stock
S2.S22.400 surplus and undivided profits
1878, 900 loans. discounts and inves,
ments. ss2.o6s,o00 demand deposits ant
$s.402,000 time deposits
A special meeting of the stakeholder,
of the Irving National Bank will be held
at 10 A. NJ. on June 20, to vote on a pro
posal to increase the capital stock from
s4,5oo.ooo to s6.o0o.o 900. or the $4,000
new shares, 1920 will be offered t
stockholders at par. 800, at the rate o,
new share for every four now held.
The right to subscribe expires on July
II. The remaining 1850 shares Of new
stock are to be sold or disposed of a
the discretion OF the directors at a price
not less than the book value. For pur
poses of the special meeting the book
| close on June ~ and reopen on June 20
The sun., 1919-05-23
COTTON REACHES
NEW HIGH LEVELS
Market Is Active and Excited,
With New Crops Months
Relatively Firm.
OCTOBER RISES 181 POINTS
Strength of Goods Continues
to Be Main Cause of Gain
Of Futures.

In a very active and excited cotton
market yesterday prices made new
highs. New crop months were relative
ly Arm. October deliveries sold at
1910, or 131 points more than wednes-
days closing price and $.4 bale higher
than the low level touched on the re-
action Of two weeks ago. That delivery
closed at 2s.ss and general list very
STEADY at an advance OF points on
May and OF CO to 123 points on more
active positions.
There was more talk of unfavorable
crcp prospects based on complaints Of
wet weather and grassy fields, but the
main factor on the advance still APP
peared to be the strength and activity
of the goods market. Reports of an
active spot demand and heavy trade
buying Of futures helped to excite the
market and there was active covering
on the advance as well as rebuying by
old longs who had taken profits earlier
in the week.
The market opened firm at an ad-
vance of to 80 points and soon sold
some 60 to rs points higher than
Wednesdays closing figures. There was
q temporary slackening demand at that
level and reactions of. 8 or 10 points.
Selling became less rather than more
ecttve on that setback and the market
soon firmed on continued trade demand
and another squirt of covering. May was
relatively quiet, but sold up to 81 or 55
points net higher. Later months showed
net gains OF 101 to 131 points during the
early afternoon. Closing prices showed
reactions from the best under realizing
Liverpool reported spot sales of $4,000
bales yesterday, said to be the larges,
business for any one day since the be-
ginning of the war, and domestic spin
ners were reported to be large buyers
Of futures here during the day to AZ
prices. There was also buying be.
lieved to be for the French Commission
tn undo hedges in July and october
against anticipated shipments. No ex.
ports were reported yesterday. South
ern spot markets. as officially reported
were Is to SO points higher MlddlinG
quotations in the South range from rs
- S1.75. There was continued large
business along with the advances.
Ranra nj nriceS Wednea
The sun., 1919-05-23
CONSOLIDATED EXCHANGE.

The final hour on the Consolida te d
Stock Exchange yesterday was largely
given over TO execution of realizing or
ders. on which losses Of n point or more
were general Marine common, which
had an early gain of 26S 10 49k, fin
ished about unchanged from the previ-
Gus day at 46&. and the preferred
showed a comparative loss of /, at
1874. Substantial early gains in the
steel were partly lost United States
Steel common, after advancing to 1OS&
fell back to 1929 and ended at 100.
Crucible Steel in the first part of the
session was bid up to 75%. Bethlehem b
~ 17as. and American Steel Foundries
t. 37h.
The copper stocks. except American
Smelling and Refining. in which a full
point was gained, were fractionally
higher. OF the specialties. National Lead
advanced about 4 points to Tx and
Ohio Cities Gas rose to BAN, its high
for this movement, and International Pa
per, on good demand. was bid up about 8
points 70 81. Allis Chalmers common sold
Us tish as ~ on accumulation. Free Of
fering OF the tires caused a point drop
IT. Keystone 10 SSSs and a fall of 3
points In Kelly-Springfeld TO 1885. on
late selling, Royal Dutch of New York
lost about = points from 119A. its early
high, and Mexican Petroleum 2% points
to 1905. The tobacco issues were ir-
regular. United States Cigar Stores tsll-
ing points to 1870, and Tobacco Pro-
ducts about a point to SSas. American
Sumatra advanced l per cent. to 10sE
on fair demand. There were sliFht
changes in the rails. which at FIRST net
ted general gains and later fell to about
a parity with Wednesday nights finals.
Westinghouse Electric was conspicuous
by urgent demand in the last hour. on
which it was bid up 10 rs points TO
57ih, its closing.
The sun., 1919-05-23
Chicago Pneumatic Tool Report.

The Chicago Pneumatic Tool Company
reports for the quarter ended on March
81. 1919. "A surplus, after charges. taxes.
depreciation. &C, OF $l94.453, or SO a
share, on the outstanding capital stock.
Manufacturing profits were $1,14O,G35
and expenses $642.S99. making the bal
ance from manufacturing $49S,236.
Other income totalled $l.S9s, bringing
the total income up TO $500.134. Deduc-
lions for interest and taxes totalled
$159,176, and for depreciation, renewal
and sinking fund. $146,505. The balance
sheet of March 81 shows total assets and
liabilities of $16,692,466. OF those as
sets more than 100000 is represented
In real estate. plant. equipment. &C.;
s5S,309 in investments in its foreign
subsidiary, and more than 100000 in
notes receivable,
The sun., 1919-05-23
SEATS SELL FOR $4,000.
Price or Membcrship on New York
stock Exchange Rises.

Seats on the New York Stock Ex-
change have touched their highest level
since 1910. two having been disposed
OF yesterday at $4,000 each, which is
within $4,000 of the record high .prioe
OF $4,000 which was paid for two seats,
Tor one late In December, 1909, and for
the other early in 1910. Since those
sales there has been none for anywhere
near that figure. The lowest price for
seats recorded between 1910 and the
present time Is $4,000. at which some
sales were made In 1914.
The seats sold yesterday were those
or Henry Weisl. deceased and Of w
Eorps MORGAN, which were bought by
Sidney b. Curtis and Constantine Hutch
ins, respectively. The seat of I. Sheldon
Ttlney was transferred 20 A. Hayward
McAlpin on partnership transfer. H.
.. Needs. Jr.. and W. c. Taggard have
been elected members of the exchange
The sun., 1919-05-23
Hank of England Statement.

LONDON, May 22.-The weekly state
ment of the Bank of England shows the
following changes: Total reserve de-
creased 100000: circulation Increased
$4,000; bullion decreased f5O,062
other securities Increased f2,39s, 900 ;
public deposits increased E3,297,OOO
other deposits decreased f1.146.OOO ;
notes reserve decreased f141, geo: Cow
eminent securities decreased f9I. 900.
The proportion OF the banks reserve 10
liability this week is 20.10 per cent Last
week 1t was 1850 per cent. Rate OF
discount, 3 per cent.
The sun., 1919-05-23
French Hank Statement.

PARIS, May 22.-The weekly state
ment of the Bank OF France shows the
following changes: Gold in hand in
creased 527.0s5 francs; silver In hand
decreased ss3.o43 francs; notes In cir
culation decreased 1s0.7s1.745 francs |;
treasury deposits decreased 4,4S7,l5s
francs general deposits decreased 10s.-
The sun., 1919-05-23
THE SPANISH AMERICAN IRON
COMPANY FIRST MORTGAGE 9
PER CENT BONDS, DUE JULY

Pursuant 10 terms OF mortgage, dated
August Z 1907 the undersigned invites
tenders of above bonds for sale and deliv-
cry as of July LIST, 1919. for the account OF
the sinking Fund. at a price not exceeding
par and interest. to the extent or WIS.,
S34.22.
Sealed tenders. stating numbers of bonds
offered, addressed TO GIRARD TRUST
COMPANY. Trustee. sinking Fund Span
gage Per Cent Bonds, will be received
until . p. NJ. May 26. 1919.
GIRARD TRUST COMPANY, Trustee
Philadelphia. Pa, May 10. 1919.
The sun., 1919-05-23
CORN CLOSES UNSETTLED.
Prices Finish 1-2 Cent Net Lower
to 3-A Cent Advance.

CHICAGO, May 22--Authoritative opin-
ions that the 1919 corn crop is two
weeks late did a good deal to-day to
Offset bearish factors in the corn mar
ket Prices closed Unsettled. y net lower
to u advance with July 1851 to 1854
and September 15Sh to 15sk. oats
finished unchanged to n higher and pro-
Visions unchanged to 40 cents down.
Corn traders who were friendly TO the
selling side discovered that buying or
ders came into play whenever values
made a decided dip. In that connection
bulls laid chief stress on statement
from a leading crop expert that much
corn, especially in big surplus-producing
States. might have TO be replanted unless
weather conditions. which have been too
cold and wet. were changed without
further delay. Scantiness OF receipts
here and at other large centres tended
to make the market harden and number
yellow for immediate delivery COM
manded the highest price of this season.
On the other hand, hog quotations were
sharply lower and there were reports
that a cargo OF Argentine corn coming
West by special train would cost 20
cents under May contracts in Chicago
delivered.
Gossip that foreigners were buying
futures helped to give comparative
strength to Data
Provisions fell with hogs.
The sun., 1919-05-23

CORN - The market was very feverish
and irregular. The May position In the
West eQualled the previous high record Of
sl.7sx and closed with gains Of Nc. for
the day. Late positions were compare
lively heavy and anal quotations were net
unchanged to Nc: lower. In the local
cash market No. yellow was quoted at
s1.s7h; No. white, si.99b. C. and f.
New York.
OATS-The market was steady to arm
and final quotations were y to &c. net
higher. The local cash market was steady;
standard quoted at e0hc.; No. white.
Sic; No. white, Tie; No. 4 white, 70 to
7shc.: fancy clipped white, 81 to sahc.;
ordinary clipped white. 10 to sic, all els-
vator.
RYE-Market weaker. No. Western,
Sissy, C. and T. New York.
BARLEY - Market weaker. Feeding,
si.21; mailing. S1.29 c. ana (. New York.
NEUTRALITY-SUSPICIOUS. quiet. Sound
milling, sS.06 to 1910, c. and Z. New York.
HAY-Market steady. No. !, sass; No.
?. S2.25 to S2.so: No. 3, s2.lS to s2.20.
sTRAW-Market quiet. No. l rye. s1t
to SIS n ton.
The sun., 1919-05-23
COTTON STATISTICS,
New Orleans Cotton Market.

NEW ORLEANS, May 22.-An extremely
strong market developed in cotton to-
day. the market bullying nearly 81 a
bale on most active months. At the
highest levels prices were III to 1874
points higher than yesterday. The close
May, 5000: July, 1880; October. 2S.ll
December 27.72; January. 1855: spot
steady. 80 points up: middling, 3O.3s.
The sun., 1919-05-23
Decentralixe Bank Resources.

WARRINGTON, May 22.-Continued de-
GENERALIZATION of national bank resources
IL shown by returns from the bank
call Of March 4. OF the 100 largest
national banks, each with resources of
about $25.000.000, fifty-one are outside
the great Eastern financial centres. In
stitutions in twenty -four States are in
cluded in the list
The sun., 1919-05-23
Wednes-
Norman w. Porter Retires.

Norman ". Porter. prominent In
Standard OIL circles, has retired on ac-
count of poor health. Mr.. Porter has
been with the standard OIL Company of
New Jersey for more than thirty-two
years and retires as manager Of the
purchasing department of the company
The sun., 1919-05-23
SEABOARD CLEARING
C0TT0NsEED OIL MARKET.

The market for cottonseedl OIL was
very inactive yesterday. Prices remained
practically unchanged. but its under
tone was unsettled owing to reports of
large resales OF hog products and COM
pound originally sold for export
RanHe of nrices- u-.A.a.
The sun., 1919-05-23

426,s73 francs: bills discounted de-
creased 1l0.247.os0 francs advances de-
creased 1,7S6.944 franco
The sun., 1919-05-23
Exports From New York.

Wheat. bu., s23,533; -four. sacks.
6s,s59; rye -four. bills, 22,s54 rye, bu.,
SOO,173; beans. bu,, 1887; oatmeal,
bills. 275.
The sun., 1919-05-23
Rio DE JANEIRO
A World Capital

THE three large Brazilian steamship
lines have their headquarters in
the city. Two of the largest railways Of
Brazil have their terminals at Rio de
Janeiro.
w ASHINGTON and Rio de Janeiro
are the only capitals of the West
ern Hemisphere whose nations are
represented on the Executive Council
of the League of Nations.
THE>G City of Rio de Janeiro, in cor
porate existence of nearly three
centuries, has never defaulted on any
of it's obligations. In this respect Bra
I'll could no more permit her capital to
impair its credit than we could permit
the District Of Columbia to 60 into
bankruptcy.
THE City of Rio de Janeiro is already
one Of the great cities Of the world.
Her future has the same extraordinary
possibilities as the country of which
she is the capital
EARSIGHTED American financiers
realize that the time is opportune
for profitable investments in other
lands. At this moment the City of Rio
de Janeiro, with a stable government
and present prosperity, spreads before
them an opportunity.
The sun., 1919-05-23
PENNSYLVANIA COMPANY CHAR
ANTEED SIs PER CENT TRUST
CERTIFICATES. SERIES &C." MATUR-
ING 1912.
COMPAN

pursuant to terms OF agreement dated
September LIST, 1897, and suppiementai
agreement dated December lst 1909 the
undersigned invites tenders of above certlf-
icates for sale and delivery as of juno LIST.
1919, at a price not exceeding par a, . a.,
terest TO the sum Of $4,000. the SUI. NOW
payable TO Sinking Fund.
Sealed tenders, stating specific numbers Of
certificates offered, addressed to GIRARD
TRUST COMPANY, Trustee. Sinking Fund
Pennsylvania Company Guaranteed ga Per
Cent Trust Certificates, Series &C" will be
received until p. M. May 20. 1919. Ac-
cepted certificates must be delivered on
June I'D, or security made that day, II re-
quired, that delivery will be made within
ten days.
GIRARD TRUST COMPANY. Trustee,
GEORGE II. STUART. 3D.. Treasurer.
PHILADELPHIA. Pa. May II. 1919.
The sun., 1919-05-23

OF all American big cities, Rio de
" Janeiro is in appearance the fresh
est, brightest and generally conceded
to be the most beautiful. Her clean
illness and healthfulness command q
world respect. Rio de Janeiro ranks
among the greatest of the worlds CAPT.
tails, and is one Of its most modern and
important cities.
IN point of population Rio de Janeiro
ranks fifth among the cities Of the
Western Hemisphere. Her population
is only exceeded in the United States
by the cities of New York, Chicago and
Philadelphia.
III Err debt per capita is about one
half that of Boston or London and
one-quarter that Of New-York or Paris.
The sun., 1919-05-23

HER annual foreign trade we'll ex-
ceeds $150,000,OO0.
The number Of her important fac
tories approximates 1000.
Her first-class commercial houses
number over $4,000.
There are eighteen important for
eign and domestic banks with total
banking resources Of over one billion
dollars.
Over three thousand vessels with
a total tonnage Of 100000 tons an
nually enter her harbor.
The sun., 1919-05-23
GREENE CANANNEEA CoPrER co.

NOTICE is hereby given OF special
meeting OF stockholders OF Victory Hat
Works, Inc, TO be held az s35 Mercer St.
New York, at 10 A. NJ, May 81, 1919, 10
increase capital stock to $4,000 and elect
new officers and additional director
j. GABAER, President.
Il RRErEENSTEIN., Secretary.
The sun., 1919-11-02
"Sweden's Laureate"
in Good Translation

|HARLES WHARTON STORK'S
~ translation Of the finer efforts Of
Werner Won Heidenstam's muse are more
than ordinarily successful, because the
Swedish poet is essentially a poet of con-
tent rather than of form. 1t is what he
saws that counts, and that is marked by
lofty idealism, democratic largeness. He
is realist, but not to excess. Rather Is
his realism garmented in a virile idealism
not entirely removed from the nobler TO
manticism. Heidenstam, according to Mr..
Stork, is the one remaining of the three
great Swedish poets of modern times
the other two, both dead, being Gustaf
Froding and Oscar Kevertain.
In Mr. Stork's volume, Sweden's Laar-
cate, Selected Poems Of Werner con Held
enstam, the poet is represented by the i'm
portant pieces contained in his three vol
umes, Vaufart och VdndringsG, 1888
(plgrimages and WGnderyedrs); Dieter,
1895 (PoeHs), and Nyd Dikter, 1915
(New Poems). While the output has been
small for thirty years it has been of such
quality as TO give Heidenstam a very high
place among European poets In 1916
he was awarded the Nobel prize.
1t is easy to see why he should be
widely popular in Sweden. First of all,
he IS q nationalist-the sort Of Sweden
finds expression through him. More often
saan not he uses his verse as a lash, whip
The sun., 1919-11-02

supported by Polish nOblewoman In
Paris. It is the Polish noblewoman who
throws Mary Audley in the way of the
handsome Lord Audley, and it is due to
that resourceful peers wit that Mary goes
back to England to live with her uncle
John Audley. Thenceforth the tale runs
on with a strong undercurrent of mystery.
What is John Audley trying to discover IN
the imminent room of the Great Housef
What part is his butler playing in the
masters game of upsetting Lord Audley's
possession of the Audley title? Mary Is
the innocent victim of these rascalities.
Most readers will rejoice when Lord
Audley puts money aside and becomes en-
gagged to Mary. Later they will have
change of heart, seeing that Peter Basset
was the right man for her after all. We
suffered these varying emotions and en-
joyed them the while, for in the Victorian
manner { of which this is pure and shin
ing example) Mr.. Weyman's characters
are real enough TO make one share their
emotions.
THE GREAT HOUSE. BY STANLEY ].
WEYMAN. Longmans, Green & Co.
The sun., 1919-11-02
Of Peel, the Com
Laws and Cupid

CTANLEY J. WEYMAN turns to
- England in the 1S40s for the scene
and the time Of his latest novel, The
Great House. 1t is the days of Peel and
the Corn Law that are recalled for us.
That heated time in British politics "back-
grounds" the love story of Mary Audley,
Lord Audley of Beaudelays and Peter
Basset. 1t is obvious that in studying
the life of the '4Os as a background for his
tale Mr.. Weyman became unduly inter
ested in the Com Law troubles. There are
pages of politics, of local election fights in
Lord Audley's borough. Of dubious cam
paigning, which, while very realistic, are
Of scant moment in the real matter of the
tale-which is what happened to Mary?
Mr.. Weyman has the skill to present his
heroine as fascinating figure from the
very moment we are introduced to her, a
lonely orphan teaching English in a school