davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-03-21

The stock market can hardly be
blamed for its signs of frailty yes
terday. 1t was seduced by a re-
markable series of evil influences.
1t waited first for some announce
ment on steel prices from Washing
ton; trading meanwhile fell to the
lowest daily level in weeks. Then
came the announcement of the
withdrawal Of support for sterling
exchange and the subsequent col
lapse thereof. Before the opening,
Wall Street had read the order of
T. C. Powell, of the Railroad Ad-
ministration, asking that capital ex-
penditures on the roads be sus-
pended. Call money loans were re-
newed at per cent for the first
time in nearly a month. And near
the very close came the intimations
that receivership for the INTERIOR
ough-M metropolitan was inevitable.
Whatever the technical position of
the market may be as result of
the recent advance, this combina-
! ton of influences would in any case
have been too great for it.
The removal of the support from
sterling exchange presents so many
aspects, leads to so many infer
ences and opens up SO many posi-
bilities that comment is likely to
founder around few days before
it fixes on the aspect to discuss.
Since January, 1916, the British
government has been "stabilizing'
exchange rates here The process
was to allow ]. P. Morgan e. Co.
to have sufficient funds and credit
so that it could offer to buy sterling
bills at fixed rate; consequently
robody here ever had to sell them
below that rate. This was not fixed
at "parity,' which is an exchange
value of $4.865s for sovereign,
but at $4.76 TIC to sovereign.
When j. P. Morgan & Co. yester-
day announced that they had ere
ceived instructions from the British
government to suspend purchases of
sterling exchange for government
account" the rate dropped SO that
sterling demand bill would bring
only $4.71 for every pound in it.
New-York tribune., 1919-03-21
Money and Credit

Day to day loans on the Stock Ex-
change were renewed yesterday at
per cent, the highest renewal rate since
February 20. This was in further re-
flection OF the tax payment operation
clined to 5h per cent. All industrial
collateral was loaned at " to l per
cent higher.
Volume OF time money offers is
small. A little loaned yesterday at
bH per cent and 5A per cent for sixty
and ninety day periods on all indus
trial loans.
Yesterday. Year ago.
Per cent. Per cent
Gail money:
On mixed collateral 6 s
New-York tribune., 1919-03-21

Such credits we must extend if
we would hold our present unpar-
alleled export trade. Great Britain
cannot send gold. There is first of
all a prohibition on it's export, but
IL there were not, the British gold
supply would soon be exhausted in
meeting the balance. The Bank of
England held last week $417,OOO,-
600 in gold. In the month of De-
cember alone we received from
Great Britain only $8,S0O,OOO of
goods and sent her $185, 100000, so
that England owed us for one
month about $175,000,O00. 1t would
only take two or three such months
to get all the gold in the Bank of
England. The longer future is not
q great cause for concern. The
Liberty loan bill provides for
81 000,000,000 in government cred
its to exporters, not alone for food
stuffs, as has been stated in some
quarters, but for domestic raw
materials, agricultural products,
manufactured articles and other
commodities. 1t is the futre of
the next few months that should
give immediate concern.
New-York tribune., 1919-03-21

After all, the question of the ex-
change rate is vastly subsidiary to
the question of the total balance Of
trade. The quotation for sterling
is in essence a result and not a
cause. The British government
could not have stabilized the rate
if it had been unable to obtain
first private and later government
credits from this country which
made up the difference between
the goods and services Great Brit
ain bought from us and the goods
and services she sold to US. And if
we now extend government or pri-
vate credits to Great Britain to
make up this difference, the quota
ton on sterling will stabilize" it.
self, and return eventually to parity.
New-York tribune., 1919-03-21
Nominal.

Nominal.
Below is given the current exchange
value "f foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune., 1919-03-21

The above rates express the cost of
foreign money in terms of the Ameri-
can dollar. You buy an English pound
sterling, say, at $4.75%. The intrinsic
parity is $4.s6A per pound. Thus, you
say either that pounds are at dis
count or that dollars are at a premium.
which is owing to the fact that in Eng
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in this coun-
try for pounds with which to settle
accounts in England.
New-York tribune., 1919-03-21

Silver.-London. 47Md, unchanged; !;
New York, 101 bc, unchanged; Mexican
dollars, 77hc, unchanged.
Sub-Treasury. The Sub Treasury
gained $3,326,OO0 from the banks on
Wednesday,
Bank of England.-LONDON, March
20.-The Bank of England weekly
statement reveals an increase for the
week of s979,656 in gold. The proper
tion of the banks reserve to liabilities
now stands at 1890 per cent, against
1851 per cent last week. The present
condition of the bank, with changes
New-York tribune., 1919-03-21

Bank Clearings.-bank cleacings yes
New-York tribune., 1919-03-21

Closing rates yesterday, compared
with week ago, follow:
(Quoted dollars to the pound.)
Five Mile Beach weekly journal., 1919-10-17
Has Responsible Hotel Position

Word comes from California that
Mrs. Linda Jess Tice, one of the pio-
neer milliners of Wildwood, is employ
ed as hostess at the Hotel Alexandria,
the swell hotel Of Los Angeles. Mrs.
Tice occupied like position in lead
ing New York hotel and recently went
from the Hotel Green in Pasadena to
the Alexandria, which is located In
the centre of the business district of
Los Angeles. On his recent trip to the
Pacific coast President Wilson and his
party stopped at this hotel. The mana
ger of this hotel is Mr.. Linnard "a
former Jerseyman, aud the directing
head of a chain Of hotels in this coun-
try and Europe. A Wildwood woman
who met Mr.. Linnard in California
some years ago describes him as man
of suave and polished manners. His
object Is said to make the Alexandria
the centre of social life in the progress
sive city of Los Angeles.
Five Mile Beach weekly journal., 1919-10-17
Will Celebrate AutumnaI
Day

DIR. j. G. Edwards returned Monday
evening from his two weeks vacation,
spent in Trenton aud at Freehold, the
capital of Monmouth county. Free
hold is the center of fine farming re-
gion, where the fertile land yields large
quantities of potatoes. DR.. Edwards
brings the news to the end of Jersey
that Tren toms long talked of new hotel
is to be built this winter, the contract
having been recently awarded. 1t Is
to be fine one and to cost a million
and half OF dollars. The location is
to be on State street, just east Of the
state house, adjoining the Industrial
school building. The hotels being
financed by the Trenton banks. For
mer Governor Stokes, president of the
Mechanics National Bank of Trenton,
Is chairman of the committee IN charge
of the construction of the hotel. New
ton Bugbee, the Republican candidate
for Governor, is an active director in
this ank. Upon his return home DIR.
Edwards plunged into his work at the
Methodist church, preparing for Au-
tumnal day, to be celebrated next
Sunday The church will be beauti-
fully decorated and the fruits of the
season will be on exhibition. Moving
pictures in the evening.
Five Mile Beach weekly journal., 1919-10-17
Jonathan Hand, Esquire, has
opened a Law Office at No.
IN East Oak Avenue, (under
the Seacresf HofeI) for the
general practice of the law.

Lawyer Jonathan Hand and Mr..
John t. Byrne have opened
real estate and insurance office at No.
I47 East Oak Avenue, (under the
Seacrest HoteD. Mr.. Byrne is a
large property owner in Wildwood and
on Five Mile Beach, and has been a
voter here for the past five years.
He has had large and varied ex-
perience in the real estate and insur-
ance business for the past twenty-five
years in Philadelphia, which he has
conducted very successfully at No.
1882 Frankford Avenue, in said city.
Mr.. Byrne will reside here all of
the year. The firm name will be
known as Hand & Byrne, and any
business entrusted to it by clients
will receive prompt, efficient and
courteous service.
Five Mile Beach weekly journal., 1919-10-17
Red Cross Notice

In compliance with the BYLAWS OF
the Cape May County Chapter, Amer
lean Red Cross, notice is hereby given
that the annual meeting will be held at
Cape May Court House onWednesday'
October 22, 1919, at 2 O'Clock In the
afternoon. Each Branch shall be en-
titled to representation at said meeting
consisting Of five members chosen for
that purpose.
ALFRED COOPER, Chairman.
Five Mile Beach weekly journal., 1919-10-17
ThompSon's
POCKET BILLIARD PARLOR
OPEN FOR THE WINTER
Wayne Block, East Oak Avenue
Laurel Apartment Sold

The Laurel, $50 east Pine avenue, a
two-story double apartment building,
changed hands last Saturday, the for
mer owner, Curt G. Graef, disposing
OF it to Mrs. M. E. Lahrochar, of Cam
dep, who was lessee of the property
for the past four years. The frontage
of the lot is fifty feet, with depth OF
100 feet. While no definite figures are
obtainable, it is surmised the consider
alton hovered somewhere around the
So. 600 mark.
Five Mile Beach weekly journal., 1919-10-17
Reception to Clayton S. Lowe
a fter the business meeting of Bea,

fter the business meeting of Beach
CounciI, No. I57, Jr. o. U. A. M, on
Tuesday evening in the JOURNAL
building lodge room the meeting was
turned into social affair in houor of
CLAYTON s. Lowe, who has removed to
Haddon Heights for the winter In q
house he bought there some time ago.
Mr.. Lowe has always been active in the
lodge aud for many years was financial
secretary. His Wild wood home has
haen rented fol the winter by J. Albert
Harris. John Lowe, son, is playing
football on the Haddon Heights team.
Five Mile Beach weekly journal., 1919-10-17

George ]. Stewart, now residing at
405 west Taylor avenue, has purchased
from A. K. Blinn, the small building
located at 149 east Davis avenue. Pos
session VIII be given November 1st.
This building was formerly owned and
occupied as an office by William T..
Garrison, in the palmy days just after
the dissolution of his lumber com pany.
Mr. Stewart is the step father-in-law
of Water Superintendent Joseph b.
Brown. He was married year ago
and he will take up his residence oil
Davis avenue.
The Hotel Seacrest is now open for
the winter for the accommodation of
guests on either the American or Eu-
ropean plan, or with table board. 3t
Miss E. K. Leedom came down from
Atlantic City this week to spend a week
in Wildwood and to take possession of
her newly purchased property at 26S
t asst Juniper avenue, bought of George
J. Ehmann. Notwithstanding he has
sold his home it is intimated that
Mr.. Ehmann does not propose to give
up his fishing at Wildwood.
Millard Housman has returned from
q trip to New York.
Miss Carey's School OF Music is
open for the Fall and Winter terms at
1OS Sweet Briar Road, Wildwood
Crest. st
D. Miles Rigor has sold his beautiful
property. 121 east Aster road, Wild
" ood Crest, to Charles D. Meschter, of
Philadelphia. He is general manager
of the Rio Grande plant of the More
Haven Canning and Preserving COM
pany, and will make the Crest his
permanent home. The sale was made
by Real Estate Broker Huppert.
Charles L. Brownmiller was in Wild.
wood yesterday, coming from Schuyl-
hill Haven, Pa, where he visited his
mother, who has been i'll.
Lawyer Jonathan Hand wishes to
announce to the public that Mr.. John
T. Byrne is not connected with him in
the practice of the law. Mr.. Byrne is
not lawyer. 1t
On Monday last, Harvey P. Sum.
mers, for fifteen years the owner of the
Oaklyn, 22O east Cedar avenue, Wild
wood, sold this hotel to purchaser re-
siding in Coatesville, Pa. Negotia-
tions were conducted through George
M. Dare.
Mrs. Rosa Siglinger has sold her well
kept property on Maple avenue, just
west OF the railroad, to Mrs. McNer-
ney, of the Marlborough apartments,
Roberts avenue. 1t consists of one lot,
a big cottage and two small ones in the
rear. The consideration is said to have
been $1,000.
See Boyer's stock of Halloween nov
elites, candies, false-faces, etc., before
planning your party. Wildwood ave-
nue. next to Post Office. st
Herschel Taylor, wife and little
daughter returned yesterday from a
vacation trip of two weeks, visiting
among other places his mother at
Barnegat.
Mr.. and Mrs. Jesse g. Coombs are
home again after spending a month
with daughter, Mrs. Horner, at
Wilmington, Del.
Miss Mary Campbell, of New York,
paid a short visit to her sister, Mrs.
Lsnuing Myers, this week, accompa
nying her grandmother here.
Nathaniel Fox, Of Bridgeton, was
here on Sunday visiting his brother,
Richard T. Fox, OF the Marine Nation
al Bank, who resides on west Andrew
avenue with his daughter, Mrs. George
H. Kilmer. Mr.. Fox was long time
Central railroad employee and was q
member of the Bridgeton City Council
for some years.
Eontirund On poOo
Five Mile Beach weekly journal., 1919-10-17
Home and Investment

l offer for sale double cottage at an
attractive price. 1t may not be what
you want, but it is an investment and
a home too. L will show it any day
by appointment. VIM. H. BRIGHT.
Five Mile Beach weekly journal., 1919-10-17
Married

At the Presbyterian Manse in Holly
Beach October I, 1919, Mr.. John Mac
Neil Osborne and Miss Katherine
Louisa Poorker, both Of Philadelphia,
were married by DR.. King.
Five Mile Beach weekly journal., 1919-10-17
North Wildwood, N. j.

Miss O'Danlel wishes to notify her
friends and patrons that the store will
be closed Wednesday and Friday eve
nings at 6 30. Other evenings at 8 80
except Saturday. ct
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-10-01
RIGID ECONOMY NECESSARY.

American people must get down to the rocl-bot.
tom of economy to reduce the present high cost of
living. according NJ B. wellborn governor of the
Federal Reserve Bank of Atlanta. Governor Well
born's statement follows
1T would appear there is but one answer TO
the question of bringing down high prices-economy
and increased production a wave of extravaganza
is sweeping the country. supposedly the result
of forced economy during the and people have
only lost their standards of comparison of prices
and their financial condition but the old
tabIshed standards of living been forgotten.
Automobiles. silks and all the Injuries the order
of the day.
The press is full of advice and admontions re-
garding saving and curtailing of buying by indi-
viduals. The trouble is few take such advice.
During these times of high prices people should
get down rock-bottom denial in the purchasing
of wearing apparel and INDUCING in motor Joyrides.
Why not haul out last winters clothes and make
them do this A little cleaning and pressing
would be the thing and better lesson be
taught the boys in economy than by patching their
clothes. Nothing is more helpful to boy in after
life than to recall that at time he half
soled" breeches. Then there is the automobile the
most expensive form of pleasure resorted to
in the history of the world. Let's use up our old
cars and them to FRAGILE 1t is fully and
the worst form of extravaganza be trading in
your car every year two when few dollars spent
on proper repairs would extend the life of the car
for several years
For months past the public have been specu-
Iating on a shortage that really but
condition brought about by buyers and sellers ten
dency to profiteer. We are danger of abrupt
contraction in general business and most not deude
ourselves with the thought that Europe will
heavy demands In days these demands
financed through government loans. fifty per
cent of every dollar of liberty 60
ing to the allies, and these credits have
up that Europe must now look to methods
of financing. Their needs very great with but
limited basis further extension credits.
to pay high prices, coupled with increased pro-
duction in all lines safeguards, not only
from a domestic viewpoint but in foreign trade
affairs. With the German work wanting ten
hour day labor in order to increase production,
it should certainly be food for thought and give
the American workman and American business
idea of the strong competition face
along new lines-the outcome of Europes and
compelling policy of increasing exports and
decreased imports to q minimun-and those only
necessities
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-10-01
HADES OR HOGS?

Some years ago a good deal of commotion
listed IN one the sthes of the union farmers
and wage carners complaining, and discomfort
general At a public meeting where much
dssension expressed there many explana-
tions of the unrest and last distinguished SOL
dier asked for his opinion. He said there was
toe talk and little work IN the state,
and put his opinion and his recommendation into
these trenchant words: Those folks ought raise
less haGes ana moro hogs"
IL West Florida the people too busy raise
hades and most of them raising hogs But
they not stopping at the raising of pure breded
stock, but raising everything raised
IL this part of the world. which pretty near every
thing that be raised anywhere.
Holmes county is the top of the list, and
besides has yield of corn hay and sweet potatoes.
The yield of cotton while less than expected is
good the county averaging about 500 pound bale
TO seven An unusually large acreage viii be
sown in fall oats and farmers are reported
as putting in mixture of and rye for winter
pasture.
Up in Bombay the other day the advanced class
in horticulture at the high school made survey of
the community TO get a the as to the fruit
raised in that territory and found contain APP
proximately 400 bearing peach trees and SOC young
ones, 101 bearing plum and young; bearing figs
and "a young "a bearing oranges 80 young;
2sl bearing pecans and I'll young; 80 bearing Soup
pernong; and young; 50 cluster grape vines bear
ing and young;- others ranging from apple TO ba
mana and lemon. There are very few strawberry
beds. totaling about ZOO plants
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-10-01
PUBLICITY AND DEVELOPMENT.

Centennial boosters win leave Pensacola i'm a few
days FOR the capital city. where the Florida pur-
chase centennial commission will meet at some date
between now and the tenth of October. Plans for
the automobile tour have been worked along
well defined lines and boosters from the towns all
along will join the procession of enthusi-
asts who viii Pensacola the centennial
city of Florida.
George b. Hervey president and general mama
ger OF the san Carlos hotel company, who has just
returned from the west where has spent the
past two months. calls attention the advertising
that this is getting from one end of the coun-
try to the other. through those who drawn
here for various reasons during the war with Ger
many. lie says that Pensacola is much talked about,
and that many who looking for ideal location
would come Pensacola with sufficient induce
ment
At this time. Pensacola, like other cities all over
the. country, is taxed for those who are
making their homes here. and who expected
during the winter months. And this is one of the
best reasons which could possibly, be put forward
strong local backing for the centennial for PEN
sacoa.
Wherever the centennial is held. that city will
develop. IT would not be possible to hold the CEN
tenniaI anywhere unless state and federal aid were
guaranteed If this aid is obtained the city which
secures it VIII double and perhaps treble in popu-
Iation II Pensacola secures the appropriation from
the state and the United States government, which
win he greater opportunity here for public develop
ment than ever before. And public development
means more money put into circulation more money
for homes and schools and civic improvements of
every kind.
This needs no special argument. 1t is being
daily In spite of the large investment
in liberty bonds and saving stamps. there is
twenty-five per cent. more money in the banks to-
day than 1918. Any business man in Pensacola
viii tell you that business is good.
The for this the industries which
Pensacola is supporting, and the money which
these industries put circulation. With the GEN.
tennial assured public funds appropriated assured,
public appropriated for the necessary work,
the revenue in wages, and the money diverted into
the legitimate channels of business, would offset
any additional expense of bonding for improvements.
And every mill that is paid by the citizens
of Pensacola, there will be increase to municipal
values in every way
the advertising which has already accrued to
Pensacola, through the possibility of worlds fair
is so great what would not the results be, once
that great centennial assured, and home-seek-
ers and investors from all parts of the world visited
this city and became cognizant of its advant-
ages over other ports OF the United States
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-10-01
HUCKLEBERRIES IN WEST
FLORIDA ARE PROFITABLE

Crestview, Fla. Sept. 30.-That with
little cultivation and attention native
Florida huckleberries can be grown
with great profit in this section has
just been fully demonstrated here by
NJ. A. Sapp, one of Okaloosas thrift
est farmers.
Mr.. Sapp has six acres planted in
iluckleberries. about half Of which are
too young for only small fruitage. On
his orchard this year he asserts he
has netted s605.S5. besides having
used good deal of the fruit for home
consumption and distribution among
neighbors and friends. He began ship
ping from his orchard the Goth of
May and finished the last of August.
Mr.. Sapp is proud of the success of
his experiment with huckleberries. es-
pecial1y inasmuch as he says it lends
materially to the claim that Florida is
a yeritable fruit garden spot
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-10-01
DIR. Love TELLS
VALUE OF DRIVE
FOR IS MILLION
SUCCESS WILL STRENGTHEN
CHRISTIAN WORK IN ALL PARTS
OF WORLD FAMOUS MISSION
AIRY ASSERTS.

Nashville. Sept. 29.-Success of the
Baptist s75,o00,000 campaign in rais-
ing this sum to be expended in
strengthening Christian work in all
parts of the world viii mean more for
the promotion of better relations be-
tween China and Japan than any action
the United States senate could take
on the disposition OF Shantung, is the
opinion of DR. J. f. Love, secretary of
the foreign mission board OF the South
ern Baptist convention, who returned
recently from an extended survey OF
gene.nI religious needs in the Orient,
with special reference to the situation
in Japan and China
THE situat ion which obtains in the
case of the Japanese and teh Chinese
is undoubtedly very tense and most
deplorable DIR. Love declares. Il am
not concerned in the politics OF the
situation the secretary of foreign
missions continues. "but southern Bap-
fists are deeply and unselfishly in
terested in the spiritual and general
welfare of both nations. To Japan and
China alike southern Baptists have
given joyfully of their money and OF
their most loved and talented young
men and young women for service. VIC
are getting ready to greatly increase
the number of those who so to carry
blessings to those nations as a re-
suit of the s75,00o,000 campaign, and
we are expecting to increase the eff
cheney of our service. Our people are
of one mind, that in this Christian
and unselfish service on behalf OF the
Japanese and Chinese people lies our
greatest opportunity to helm s11ch :,
situation as now exists between those
two nations.
After somewhat extended travel in