davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

on the Black sea, declared the field is
rich in possibilities for the sale OF
goods of all kinds.
IF the United States decides to take
the Turkish mandate" said Mr.. Day,
she will settle the disputes concerning
the partitioning of Turkey, and also
will obtain in foreign a gold
mine, Of which Constantinople will be
merely a base for the Black sea country.
IF the mandate is not accepted
quickly, Bulgaria will go Bolshevik, due
to the present commercial blockade.
Business is the cure for bolshevism. This
is now instanced in the Black sea ports,
which are %clamoring for goods of all
kinds. If the United States spent a
half billion dollars on the mandate she
would get it back many fold.
IF other nations are permitted to
grab up every corner of the globe and
raise up tariff walls, we shall be frozen
out. Mandate, or no mandate, l ad-
wise American business men to come to
this field, which is the most fertile on
earth.
What is killing our trade is the
handbag salesman, whose firms do not
honor orders because they change prices
between the time Of taking and ~receiv-
ing orders. Sondelivery and a dis
gruntled customer is the result
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
GEORGE W. ELY RESIGNS
Served as Secretary Of New York
Stock Exchange for Last ID Years

w
New York, Sept. ~. - George W.
Ely, who for almost fifty years has been
identified with the New York Stock Ex~
change, either as a member or its sec
rotary, yesterday rendered his resigna-
, ton as secretary at the regular meeting
of the board of governors. The resigna-
ton was accepted with O vote Of re-
greet and a committee of three appointed
to draft resolutions of thanks to Mr..
Ely for his long, successful service with
the exchange.
r. V. d. Cox, member of the Stock
Exchange firm of Cox & Shaw, was
elected to succeed Mr.. Ely. He will
assume his new duties at once, as Mr..
Ely requested that he be relieved as soon
as possible.
Mr.. Ely became a member Of the
Stock Exchange in the year 1869. He
left in 1893 and returned in 1905. when
he was elected secretary, which posi-
ton he has held for a continuous period
of fourteen years. During his period
of office he made many warm friends
among the members of the exchange.
He was born in this city on January
s, 1880, and will celebrate his eightieth
birthday the coming January 8. Be-
cause of his advanced age, Mr.. Ely de-
cided to retire from the exchange. Dur
ing the Civil War he served as a cap
tain with the Seventh Regiment, New
York, and had the distinction of being
the youngest officer in the regiment.
Mr.. Cox. his successor, floor member
of the firm of Cox & Shaw, has been a
member of the Stock Exchange since
1888. He has served as a member Of
the governors committee, business com
mittee, clearing house, quotation COM
mittee and the committee on securities.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Iummins Bill Has Fem Friends in Finuncialdom

ne Iummins railroad bill doesn't appear to have many friends in the
hnancial district One banker said the only thing he could say in favor of
II is ma It is better than the Plumb plan. The impression gained from the
OPINIONS of hnancers who had given the bill some attention a that they
ar IRE heartiT IN favor oft he objections to the bill raised by Thomas De Witt
'uyler, chairman of the Association of Railroad Executives.
on the matter said that Mr.. Cuylor had put his finger on the weakest link
IN INT VINO chain of the tummins plan, He said the idea in tn Cummins
Dl nat a railroad which was a good Garner, either through good manage
men or for some other reason, should give a part of its earnings to a less
fortunate road might be good socalEtr doctrine, but we haven't soGaizod
or uationalzed III railroads vet
There is, he said, little danger of the Cummins bill being passed as if
'ahaS' but II such We're possible there would be ont cheap railroad stocks
on the market and, he added, there are plenty on the market now that
are cheap enough.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Gold withdrawn for Shipment

New York. Sept. 1.-Two hundred
and fifty thousand dollars in gold has
been withdrawn from New York de-
positories for shipment to foreign coun-
tries. Five thousand dollars in coin
has been withdrawn from the subtreas-
ury for shipment to Canada, and the
same amoupt has been withdrawn for
shipment 10 South America, Two hun
bred and nine thousand dollars Ia bars
has been withdrawn for shipment 10
London and s23 900 bars 10 Belgium.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Official Washington Too Busy to Read Speeches

In ne of the banks yesterday there was some discussion about the
peace treaty and the league of nations. 4 gentleman whose business takes
him frequently TO the nations capita said he was surprised to find such a
lot Of discussions sometimes with passion. over these W subjects, when he
returned TO this city. Why, he said. in Washington one hears NJ such
thing, more especially when visiting the departments. Heads of derart-
ments and others, he remarked, whom ne would think are intensely inter
estod, being so near the CENTER of discussion of these matters, apparently
take n 70 interest, and if asked if they had read such a senator's speech or
the remarks of a certain leading representative, they plead ignorance
'Never read them, is the Stereotypod answer. They have their own special
business to attend to, he said. and that alone seems to interest them.
AS for Shantung. he said, Il mass Of people don't know whether Ger
many or China OIL Japan has ii. This man said the lack of confidence in
Japan abiding by her word as shown by certain parties is a shame, when
recently Japan showed her faith in the United States by purchasing
SSo'W'NOD ofo IL securities. OF course it was to Japan|s advantage to
do so, he said, but she didn't have to.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
BUSINESS NOTES

The Farmers Protective League
executive board at Montgomery, Ala,
has fixed $50 a ton as the price for
cottonseed, and at the same time in
dorsed the price of thirty. six cents a
pound for cotton, as agreed upon by
the American Cotton Association.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
URGES u. S. TO SEEK
BLACK SEA TRADE
American Business Men May
Block BoIshevism, Says
Business Expert

Constantinople. Sept. 12.-(By A.
PHI. NJ. Day, of New York. presi.
dent of the American Foreign Trade
Corporation, who is visiting CONSTANT
nople. in discussing trade possibilities
in Turkey and the countries bordering
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
The Commercial RnTletin tnmorrou

will say: Business has been exceed
ingly quiet during the past week, al
though one or two houses report a
slightly improved demand. Prices,
however, have shown no further easing.
The action at Philadelphia Thursday
was unsatisfactory, Withdrawals
amounting to 81 per cent. The Eng
fish markets are Swamped with orders
and prices are holding very firm. The
manufacturing situation here is I'M
changed.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Texas-Pacific Coal Pays Special

New York, Sept. 12.-The Texas Pa e
cifc Coal and oil Company has de-
clared a special dividend of $11 a share.
in addition to the usual quarterly divi .
dend of $50 a share, both payable
September 20 to stock of record Sep
TENDER Ii.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

An American company with $780,.
. capital has been incorporated in
Kingston, Jamaica, to develop the to-
bacco trade. Large local companies
have been acquired, and the trade is
now virtually in the hands of the Amer
leans.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

Cablegrams from Yokohama dated
September 10 received Yesterday quoted
Sinshui No. l at 22S0 yen and kansai
no. l at 2300 yen, Indicating that the
Japanese market is steady. Prices are
nominally unchanged. but it is possible
to buy from ten to fifteen cents a pound
under quotations in individual trans
actions.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
GOSSIP OF THE STREET
NOT TREATING
STEEL STRIKE SERIOUSLY
Present UnSetlement in Industry Holding Back Big Rail
Orders, Which, Schwab Says, Roads Need

Tn MANY of the brokers' offices yesterday it ws said that the situation
L in Boston vas having more effect IN the stock market than the threat
oned steel workers strike. 1t a acknowledged that if serious disturb
ances occur again in Boston overnight the market will open considerably
'of' this morning.
AS to the threatened steel strike, n 10 on in the financial district seems
to fear it. As m banker put it: I'VE are of the same opinion as the steel
operators. We say if there is to be a strike let it com and let us have it
over with II is this waiting to see what is going to happen that has got
o all ofo ur nerves; better get it over and get done with it and get dow
to real work that is needed SO much. he said.
When speaking he showed a teRgram from a responsible concern,
which said that Charles VI. Schwab had said that 100000 tons of steel
would be needed during the coming year for rails and railroad equipment,
and all that is holding the orders back is the unsettled conditions.
Some said it was injudrious of Nj. Schwab to make such a statement
under present conditions, as it gave to the intending strikers and their leaders
the information that steel is needed badly, and by striking now they can
hold up matters until their demands are satisfied. A certain broker said
that in the light of MIR. SChwabs satempntt the steel stocks were selling
much too low.
But NJ one seems to treat the threatened steel workers strike seri-
ousEy. They are counting or the correctness of the statements of the opera
tors tina. the number of unionized men in their employment is very small
and that many of them are not in favor of a strike at present and will
defy their leaders when the time comes.
The new from Boston, however, is expected to be the determining
factor in todayis opening.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Nem YORK. Central One.Year Refunding Notes

Many of the leading banking and investment houses in this city were
without any particulars of the SI5NOOOOO issue of one year refunding
notes of the New York Central Railroad Company, which were offered to
the public or Wednesday in New York.
There was also a good deal of surprise manifested that Wednesday
should have been selected to make the public issue, with the exchanges
closed and all New. York en- fete for General Pershing and the famous First
Division.
It was pointed out. however. that the proposition a really a banking
operation, and it was believed would rot affect the stock IS there a n
increase of indebtedness against the system and as the proceeds of these
notes are merely to refund an issue nw almost due.
1t was said the notes. are being offered at 99s. While the general i'm
preston is that the notes will meet with a ready sale, any considerable
oversubsCripion is not expected.
One Of the leading banking houses has orders for several hundred
thousand dollars of these notes, and were among those who yer surprised
at hearing oft their being offered yesterday in New York.
On the other hand, it a said that IA large financial institution in
this city owning 100000 of the maturing notes had decided to take cash.
Therew eres several fuancirs who said in their opinion man of the holders
of the maturing notes would accept the nPw notes in exchange, as addi-
tional collateral has been placed behind the new issue.
There was a good deal of favorable comment over the collateral which
It is said is behind the notes. From a reliable source it is said to be
$2O0OO,WO New York Central rcfunding and improvement 4l2s, series
A-2Dl3, and 10000 shares Reading Railroad first preferred stock. The
market value is said to be in excess Of SIS 600 900.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Six prominent English cotton manu- e.

facturers are scheduled to arrive in
New York today for the purpose Of
making a survey of industrial, manu-
featuring and merchandising problems
in this country, especially those apply
ing to after the production.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
to occupied Germany, and to voice the
needs of British merchants.

Hides and skins may be shipped from
India to all parts of the world except
enemy and Scandinavian countries, says
a cablegram from the American consul
at Calcutta sent to the Department of
State. The cable makes It clear that
the licensing system will not be imposed
on exports of hides and skins.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
BAR SLLNER

Commercial bar silver was quoted in
New York today at $1,12 an ounce, a
decline Of one cent. In London, the
price was 60a4d, down I'D.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

It is thB belief and hope of John H Mason, president of the CONNER
rhl Trust Company and director general of war loans, that there will be
a generous response o N Monday, Tuesday and Wednesday next when the
new six months and twelve months certificates of indebtedness are publicly
offered. In speaking of the matter Mr.. Mason emphasized the fact that in
connection with these issues there will be 10 quotas assigned to any banks
o any territory. Mr. Mason has evidently little faith in the quota plan,
and past experience has proved that his position in this respect is correct,
since the offering of certificates of indebtedness made without quota was
oyersubscrHcd in forty eight hours by about $50, 600 900.
he said, are enormous, and in the planning II important point IA always
kept in view by Secretary Glass and Assistant Secretary LefngwenL namely,
the effect the Saleo If these certificates would have o the outstanding Liberty
Bonds. Mr.. Mason says the offering of these six and twelve months certif-
Gates at ~ and ~ per cent will unQuetionaby reflect favornby o n Lib
ry Bonds.
As far as the Victory Bonds are concerned. he said, the evidence is that
they are taken car of by themselves. and the same is true of the Liberty
"L2 tax free bonds; but the CarcO of the Treasury Department is principally
for the grat mas of Liberty Bonds outside these two classes.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
g. ss+ :%; # x y: THE UNITED STATES OFFERS
Nitro, West Virginia, For Sale
BIDS TO BE OPENED SEPTEMBER 30. 1919
BIDS TO BE OPENED SEPTEMBER 80, 1919

A complete, industrial community, embrac.
ing 737 manufacturing buildings, housing
accommodations for 10000 persons and the
utilities and civic improvements that consti-
tute the conveniences of a modern city:
LOCATED l6 miles northwest of Charles
ton, w. Va, on the main line of the Kanawhn
and Michigan Railway, and fronting three
miles on the east bank of the Kanawha rlvers
a n~avigable stream that affords water COM
munication with world markets through the
Great Lakes on the north and the Gulf of
Mexico and the Panama Canal on the south.
This is one of the worlds largest SMOKE
LESS POWDER PLANTS, includes many
manufacturing units, ~ of which may be
converted readily to coz. Aercial industries.
The industrial community includes a Sui
PHURIC ACID PLANT, with a capacity Of
700 tons per "a hours; a NITRIC ACID
PLANT, capacity 800 tons; a COTTON
PURIFICATION PLANT, capacity 225 tons;
n~itrating, colloiding and drying plants; RE-
FRIGERATING AND ICE PLANTS; a hox
manufacturing plant; machine shop; thirty
storage buildings; sixteen shipping houses. and
numerous miscellaneous buildings.
The civic community embraces 1900 fur
nished portable houses, rs permanently con-
structed executive residences hotels, board
ing houses, dormitories, clubhouses, general
and special stores, cafeteria, moving picture
houses, a 4o0-bed hospital erected under the
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
In a bulletin sent out by the National

In a bulletin sent out by the National
Sheep and Wool Bureau, presenting ar
guments why the public should get be-
hind a campaign for q pure fabric
law" it is asserted that 1.-THE people
are buying virgin wool and getting
shoddy, due to the fact that the bulk
of the raw material used in textiles is
not virgin wool as the people believe"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
FACILITIES

There is included in the property to be sold
the following: 1900 acres Of land more or
units with a rated capacity of 700 tons per
twenty-four hours; a NITRIC ACID PLANT in
four units designed to deliver 300 tons Of nitric
PLANT of standard pulp mill design in four
units with a capacity Of 225 tons per day,
adaptable to the manufacture of wood as well
as cotton pulp; Vibrating, Celloiding and Dry
of $4,000 rated boiler horsepower; a water
system with a capacity Of $4,000, 900 gallons
per twenty-four hours, including a publication
works, sixty miles Of distributing system and
sppurtenances; sewer, power and lighting
facilities; a plant railway system, including
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

rolling stock; a box factory; a civic develop
ment comprised of houses for 10000 persons;
stores, school, hotel, 400-bed hospital, milk
plant, laundry and ice plant.
The plant is located on a navigable river and
on the lines of the Kanawha and Michigan
belt. There are large stocks of mechanical
supplies, chemicals and commisRery supplies
and a river fleet consisting of a Steamer, der
rick boat. barges, etc.
PLANT AND FACILITIES and TERMS AND
CONDITIONS OF THE SALE may be obtained
upon application to !. H, Francis, Chairman,
Ordnance District Salvage Board. ITO Market
Charge Of the Plant i. Nitro, W. Va.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

The deTnand Tor HnlsIIeH lIheh gOUUS
of all kinds is increasing in volume,
according to late reports from the Bel
fast linen manufacturing center in Ire
land. The shortage of fax and yarns
is making it difficult to supply the
wants of customers and prices are adj
v~ancing daily. The greatest shortage
is expected to occur next spring Amer
lean importers are said to be active
in the Belfast market, but having de-
layed so long in placing orders are
finding it difficult to get mills to ac-
cept commitments now. As a result
they are declaring their intention of
going back to cotton substitutes for
the ll-linen articles.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
Property to Be Sdd Incudesa Complete Manufacturing Community, the Various
Units of Which Are Readily Adaptable for Use in Various Lines of Industries

Sealed proposals will be received at the Office
of /. H. FRANCIS, CHAIRMAN OF
ITO MARKET STREET, PHILADELPHIA.
PA, until 1900 o'clock noon, September 80,
1919, at which time they will be publicly
opened and read, for the purchase OF the a.,
United States Government Explosives PLANT
&C." located at Nitro, West Virginia. which
was constructed by the United States for the
manufacture of smokeless powder. Proposals
must be for the purchase, either for cash or
for part cash and part deferred payments
amply secured, and must cover all right. title
and interest of the United States in all real
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

British manufacturers. according to
the weekly letter issued by the Tan
ners' Council of America. are apparent
ly making strenuous efforts to resume
trade with Germany. and have cstab-
liShed a Chamber of Commerce at
Cologne. which has been formally
recognized as the British Chamber of
Commerce. 1t is aft lated with the
Associated Chambers of Commerce of
tn" United Kingdom. The aim of this
association is to give advice and as
s~iStancN to British subjects newcomers
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

estate appertaining to this plant and all equip
ment, fixtures and personal property thereon
certain fixtures and personal property is re-
served to the United States, information re-
garding which will be furnished prospective
bidders on request. All proposals are to
form of d a certified check made payable to
the Treasurer of the United States in the
amount of 100000. The United States
reserves the right to reject any or all bid,
and to accept that bid which it is deemed
wilebest serve the interests of the United
States.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12
SALE OF GOVERNMENT PROPERTY

THE UNITED STATES HOUSING CORPORATION OFFERS
AN UNUSUAL OPPORTUNITY TO THE INVESTOR In
THE SALE OF THEIR UNFINISHED DEVELOPMENT
NEAR NEW CASTLE, DEL.
This property is beautifully situated on the shore Of the
Delaware River, with view of Atlantic Ocean, is easily ae-
cessble to Philadelphia or Wilmington, Del, by water or rail.
Electric railway through property.
An ideal location for permanent summer hotels and homes,
amusement park or industrial establishment.
Real estate consists of eighteen acres Of land. Permanent in
provements consist of six dormitories, with a total of over four hun.
ded single rooms, Central Dining HalN and Kitchen, Central Heat.
ing Plant, which are $3.50 to $50 complete. There are seventeen
temporary buildings, consisting of Office, warehouses and labor
housing.
There is approximately sufficient material on the ground and in
warehouses to complete the project. This consists of lumber, plumb
10000 gallon storage tank and tower.
approximately $4,000 had been expended on this property
when the armistce was signed and the work abandoned.
Other information will be given upon application.
Sealed bids will be received up to noon September 18th, 1919.
Such bids should be marked Sealed Bids for Sept. 18th" and
must be accompanied by cash or certified check for SO of the amount
of bid.
The Corporation reserves the right to reject any or all bids.
Address
SALES DEPARTMENT, U. S. HOUSING CORPORATION
ROOM 1903, HOMER BUILDING, WASHINGTON, l. c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

supervision Of The Federal Public Health Serv-
ice. a 24-room schoolhouse, a police station,
bank and administrative buildings.
The utilities include a power plant equip
ped to furnish light and supply motive power.
A transportation system, equipped with steam
and storage battery locomotives, and consist
ing of 18 miles of permanent, broad-gauge and
10 miles of narrow-gauge railways, ties the
industrial area together. A modern telephone
system provides interplant and residential
communication. Sewerage and water systems
safeguard the health of the community and
provide protection against fire. A pitch-sur-
faced macadam road extends through the
reservation.
Nitro is in the center of a region rich in
natural resources. Surrounding coal fields
supply the highest grade of steam and coking
coal. Natural gas is available from wells
located in the immediate vicinity. A high.
grade crude petroleum is produced in this
territory.
Labor skilled in iron, steel, chemical, glass
and kindred industries can be recruited from
sections of West Virginia Immediately sur.
rounding Nitro.
The United States recommends that parties
Interested in particular units of this project
associate themselves for the purpose Of sub.
hitting a bid for the entire property. To facili.
tate such bidding, government agents will put
interested parties in touch with each other.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-09-12

The British commission which recent.
ly visited Germany reported that one
of the chief features noted was the
amount of rabbit skins they found in
the process of upper stock. One prac-
teal leather dresser, says the Tan
rers' Council of America, reported that
he was astoniShed at the degree of ex-
c~ellence which had been attained in
the finish Of these goods. as some of
the better grades of skins could be
passed for glazed kid. The tanning of
rabbit skins was due to the scarcity of
other leather.