davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
TEXAS PACIFIC LAND TRUST.
Status Observation-Disclosures At
fractiYe.

The unsold land in Texas Pacific
Land Trust amounts to 2,12O,61:
acres. The average price received
in recent years has been 81 per
acre, representing a steady advance
from 81 TO So at which the land
was sold years ago. The discovery
of Ranger has stimulated the value
of land in adjoining countries. Esti-
mating the value of unsold lands at
81 per acre, we find potential values
in these holdings of s14,484,29S.
This is disregarding royalties which
may come from oil lands which the
company holds. or the sale OF such
properties eventually In addition
assets (cash ard bills) total S1,075,-
732, making the combined valuation
Regardless of oil yalues) S19,92O.-
$50; over $500 a share on the 26,OO7
certificates outstanding.
Quoting the 1918 report: "Oil in
terests are confined to the Ranger
field. While the trust never owned
lands in that county, holdings in
adjoining county OF Palo Pinto are
6.671 acres, and in stephens coun-
~ 3.777 acres and in both there is
much proven field" and consider
able oil production. No trust lands
in Palo Pinto or stephens counties
have been sold or disposed Of for a
dozen years or more; titles have not
been parted with, in view of their
enhancement in value by reason of
possible discovery of mineral. All
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
WESTINGHOUSE ELECTRIC

All indications point 10 a contin-
uance of the present annual per-
cent dividend on Westinghouse Elec-
trio common. The company has been
very busy on war orders and I'M
doubtedly it's revenues from this
source have been curtailed since the
signing of the armistice, but the
strictly commercial orders are stated
TO be very large and the income
from Westinghouse investment has
amounted TO about $1,000,000 in
each of the last two years. The COM
mon stock is preceded by a very
small bonded debt and only about
100000 of seven percent prefer
red stock and has large equities in
the properties. Net quick assets
amounted TO about $50 per share
(par $500 at the end of the last ifs
cal year. The ultra
character of the management is
shown in the fact that while the
common stock has earned on the av-
erage of 11.O7 percent annually in the
last 10 years, directors have distrib-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06

the limited need for replacing winter
killed wheat, removal OF the British
embargo upon grain imports, light
receipts. and small stocks at terminal
markets. offset in part by increasing
Argentine clearings and bearish con-
ditions in the east. The farmers in
fluence continues dominant.
LIVESTOCk-A sensational advance
in hogs. followed the removal OF gov
eminent restrictions upon the pack
ing industry, marked the week.
Prices overleaped the $50 figure,
comparing with the highest war
time price Of SCI last fall, and main
tanned a gain 40 to soc. The Chica-
go market turned slow and weak aft
er the midweek. Receipts continue
light. The farmers are busy with
spring work. The winter hog run has
virtually ended and the May-June
run has not yet begun. There is good
reason for moderate strength in the
market. Cattle and calves changed
little. but sheep revealed persistent
strength.
COTTON-Some irmness marked
cotton trading although the market
was nervous and irregular at times
and the price movement varied. A
firmer export tone, reports of greater
activity in the New England milling
district, and unfavorable weather
conspired to boost values Thursday
Thereafter a reactionary tone devel-
oped.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
Building
LIBERTY BONDS.
Next Issue To Be Notes.

Liberty bonds, next issue, viii
probably be IA percent and SO
far as we can judge, will be in the
form OF short term notes, due Sc
rally. the maturities being between
and years.
If this should come to pass. the
old LIS would not be convertible
into the new issue, as they are only
convertible into any subsequent
issue of long term bonds.
1t might be we'll for YOU TO hold
your 3 1-2s, temporarily, as we do
not expect much of decline in
them, if any, and later you may. II
necessary, exchange them for las.
They are absolutely tax exempt.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
Ship Many Autos.

Michigan territory reports heavy
lading OF automobiles. The grain
movement to seaboard is heavy. Cot
ton shipments continue light. owing
to price levels Southern blast fur
naces insist they are not able TO
produce iron at a profit. Decreased
consumption has resulted in great
reduction of the coal output. One
large carrier reports 33 mines shut
down and AZ curtailing output. Cot
ton seed products have fallen below
normal
Export freight on hand at north
Atlantic ports March Is totalled &c.
600 cars, an increase of 1900 cars
over the preceding week due TO the
New York harbor strike. OF this
number $500 cars held foodstuffs,
South Atlantic and gulf ports show
a total Of 1850 carloads on hand
March IS. Exports Of cotton have
been disappointing.
One may conclude that general
traffic is not burdensonTe enough To
furnish a real test of government
control, but certainly the railroads
are not, and do not soon promise tC
be again, a disturbing factor in the
industrial situation.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
MANUFACTURING
IS MARKING TIME
Much Depends on SeC'y Red
fields Plan Held in Tenn
porary Suspension.

Manufacture continue marking
time. Producers have not changed
their policy or watchful waiting; on
the one hand fighting wage increases
and restricting output. on the other
seeking outlet for their goods at
present prices. They avoid buying
raw materials except for current
needs
Rcdiicld Plans Important.
Much depends upon the outcome
or Sec'y Redheld's plan TO lower
and stabilize prices. The test comes
recurrently as representative of in
dustry meet the new industrial
hoard. which at present has post
pOned further conference pending
decision OF the railroad administra-
ton 10 purchase stores and equip
ment at such low levels as the
boards action may establish. II is
probable that producers Of basic raw
materials viii he advised 20 get their
prices down virtually TO cost. as
Asst. Sec'y OF War Crowell advised
months ago. II they do make lib
eral cuts and assure a stable market.
manufacturers will doubtless buy
rather heavily and offer their goods
90 the public at more attractive
prices
business Improves
Probably during the next few
months the business world Will
tacitly agree TO share among its
various cOmpOnents the loss Of ini-
tiating lower prices. Peace prices
are always falling prices. and there
fore raise a vastly more disturbing
problem than war imitation.
Meantime business improves slow
ly There are many encouraging
signs Labor trouble has abated.
and many leading manufacturers
foresee a period OF great activity.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
L. :. STEEL PREFERRED.
A Very Aftracfive Issue.

United States Steel preferred is
the peer Of industrial preferred
stocks in pont OF safety and mar
reliability, and can safely be COM
pared with such highs grade issues
as Norfolk q Western preferred
and Chicago & Northwestern pre-
ferred. The price OF the stock dis
counts its unique position IN some
considerable degree. however. At
present prices OF about rs. the IS
sue yields so percent. which is
more like the rate Of return on the
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06

better secured bonds than on in-
dustrial preferred stocks There
are a number OF very substantiallv
secured Industrial senior stocks &C.
wide marketability that would
bring YOU a larger return on your
investment. and II you are Interest
ed in such. we would call 70 your
attention Bethlehem eight percent
preferred and Willys-O Overland pre-
ferred. These issues yield about II
IL percent than an investment in
United States steel preferred. still
IL you are primarily interested Co
be in a position 20 lquidate with
almost a minimum chance ON mar
ket loss steel preferred IS the is-
sue.
Try NEWS-TlMES Want Ads
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
TRADE WORLD

Taxes for state purposes have in
creased from $2.500.00O to $4,000
600 a year in North Dakota since
the the advent of state ownership,
says the Fargo Forum. This is about
$50 per capita.
Canada is watching the Redfield
plan with interest. It's readjustment
problems are similar to those OF the
United States.
The new Mississippi federal barge
line saved the railroads 1924 car
days in three months, according TO
the st. Louis chamber of commerce.
Only 10 banks in the west have
assets totalling 100000, 900. OF
these six are in Chicago. Michigan
has its first s1OO.OO0,OOO bank, the
Peoples State bank at Detroit.
A seat on the New York stock
exchange sold recently at $4,000, as
compared with. $4,000 the last pre-
vious sale-a high record since the
latter part Of 1915.
Warmers Seed Store. 226 n. Mich
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
On the Farm.

The Montana Farming corpora
ton has broken out $1,000 acres of
raw land during the past eight
months. It uses 80 tractors.
Alberta has broken 5000. 900
acres of land. a gain of 1000, 600
over last year, and eight times the
crop area 10 years ago.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
DON'T FORGET

To stop at the Federal System
Bakery, 121 w. Washington av.. for
your bread and rolls. The only place
in town where you can see them
made and baked; 100 per cent san
itary.-Advt. 1905
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
NOTICE

Carpenters Local No. Alb holds an
open meeting Tuesday evening, April
2. s p. m. All carpenters invited.
IS s. Michigan st.-Advt. 12125-27
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06

Lawn. garden and field seeds that
are true to name and will grow
Warner Bros. 226 S. Michigan st
open Saturday evenings.
Advt. 12O42-5
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
Industrial

uted on the average only rs percent
per annum. The other money has
been turned back into the property
with clearly satisfactory benefit 20
stockholders.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
CROP NOTES

The Argentine exportable surplus
OF corn is estimated at $50. 900. 900
bushels. Labor troubles still impede
its movement northward.
Considerably less wheat and corn
are held on the farms now than a
year ago.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06
FREIGHT TRAFFIC
IS BELOW NORMAL
Figures Show Decrease in
Comparison With Same
Period Last Year.

Freight traffic shows a marked de-
crease below the figures OF last year,
according TO regional reports of the
United States railroad administra-
ton, and points toward business
apathy Passenger traffic is fairly
normal.
The southwestern region reports
seven per cent increase in both
freight and passenger business dur
ing the week ended March "a. Cars
loaded and received in the southern
region fell $500 below the CORES
ponding period last year; in the Po-
cahontas region nearly 10000; and
loadings in the central region more
than $1,000.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06

Warmers Seed Store. 226 n. Mich
igan st.-Advt 12O42-5
South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-06

120I25
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
CONFERENCE WITH RUSS NEAR
Ukraine Government Will Participate
in Meeting to be Held on
Princes Islands.

Paris, Feb. 13.-Prospects are bright
ening for the assembling of at least
four of the Russian factions at the
conference to be held on the Princes
islands. Word has come from the
Ukraine that the government of that
former part of Russia will participate
in the conference and 1t Is reported
that the indecision of the government
of General Denikines has given way
to a desire to join the conference. The
government Of the Crimea already has
accepted the invitation, as has the
Russian bolshevik government. 1t is
beginning to appear that sufficient
number of other factions will be In
evidence to meet the bolsheviki and
the entente and American representa-
tives to assure the success of the con-
ference plan. The success of the con-
ference however, Is believed to de-
pend upon the willingness of the Mos
COW soviet to give certain guarantees,
such as the cessation of hostilities and
the withdrawal of the bolsheviki
forces from the provinces that they
have invaded. 1t is by no means GER
tain that the soviet government will
agree to any such guarantees.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
FOE FLEET ONCE MIGHTY
Admiral JeIIcoe's Book Says German
Destroyers at First Outnumbered
the British-change After JutIand.

London Feb. 13.-The dangers to
which the British grand fleet, short
of cruisers and destroyers and with
defenseless bases, was exposed during
the first two and one-half years of
the war owing to the German use of
submarines, mines and tOrpedoes, Is
described in a book written by Ad'
miraI Viscount Jellicoe, former COM
mander of the fleet, covering the ac-
tivities of 1914-16.
Admiral Jellicoe points out that the
German high seas fleet possessed
lightweight destroyers, compared with
forty-two for the grand fleet, and re-
veals that owing to the submarine
menace the grand fleet in the fall of
1914. moved from Lough Swilly and
returned to the North sea only when
the anchorage In Scapa flow became
reasonably safe.
Neither in October, 1914, nor in May,
1916. Admiral Jellicoe says, did the
British margin of superiority Justify
him in disregarding the enemy's tor
pedo fire. The situation gradually I'M
proved after 1916, especially after the
battle of Jutland.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
TO GUST 5000 REDS"
BoIsheviks and |. w. WIS Slated
for Deportation.
Interned Germans and Austrians Also
Will Be Sent Home by Depart
ment of Justice.

Washington, Feb. 13.-Some 5000
bolsheviks and l. w. WIS are slated
for deportation as soon as the facilities
for getting them out of the country
are available.
This was revealed at the department
of justice by Jomn Lord O'Brien, who
has charge of this particular phase of
the departments work. He also let 1t
be known that the department is await
Ing action hy. congress that will per. per-.
nit the deportation of the thousands
of interned Germans and Austrians in
this country who don't come under
the alien anarchist act-under which
the others are being rounded UP.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
PLOTTED TO TAKE
PRESIDENTS LIFE.
Pietro Pierre, |. W. W. Chief,
Seized for Seeking Life of
Mr.. Wilson.
ARREST MADE IN CLEVELAND
Conspiracy to Kill Executive Was to
Have Been Carried Out Soon
After Delegates Returned
From Peace Meet.

Kansas City, Mo-, Feb. 13.-Pietro
Pierre, an alleged l. w. w. leader,
whose arrest in Cleveland, Ohio. by
federal officers is reported, was want
ed in connection with an alleged con-
spiracy against the life of President
Wilson, according to local government
agents. Chicago apparently was the
place where the plans were made, fed
eral officers here said. Whether the
alleged plot reached a stage where the
president,s llfe raa " vas sndan s geFed v.
probably VIII not be known until tne
secret service investigation is COM
pleted, 1t Is said. The plot to kill
President Wilson was to have been
carried out "as soon as possible after
the return of the peace delegation from
France" according to federal war
rant issued by Fred r. Robertson, dis
trict attorney for Kansas. Pierre will
be tried in Kansas City, Kas., on a
charge of conspiracy to kill the presi-
dent, Mr.. Robertson announced.
Served Year for Opposing Draft.
Pierre was released from the federal
penitentiary at Leavenworth Kas, Oct.
IA last after serving year and a day
for opposition to the selective draft.
Shortly before his discharge from
prison Pierre is alleged to have told
fellow prisoners he had been chosen
to attack the president, and to have
added that he would go to Chicago
for final instructions at l. w. w. head
quarters there.
r. Bobba, Chicago /. w. W., sen
fenced last fall to eighteen months in
the LeavenwOrth penitentiary, is al
legged to have informed Pierre of his
selection for the attack on President
Wilson.
When Pierre was released at eXpira-
ton of his sentence an operator from
the Kansas City government secret
service Office was assigned to trail
him. He was followed from Leaven-
worth through Kansas City to Chicago,
where, according to the operator, he
went direct to I. w. w. headquarters.
Pierre is being held at Cleveland on
$4,000 bond. Following his prelimi-
nary hearing there Feb 10 he will be
brought to Kansas City.
AT the outbreak of the war Pierre
was coal miner at Marquette, Mich.
Also Aimed at McAdoo.
The alleged plot also included the
murder of William g. McAdoo, former
secretary of the treasury, according to
! the secret service men.
The scheme is said to have involved
number of anarchists and to have
been revealed through the loyalty OF
two Italian convicts serving sentences
in the federal penitentiary at Leaven
| worth.
Bobba will be held under observa
ton at the prison, 1t Is stated. He Is
said to be we'll known I. w. w. agl
tator in the Arizona mining camps
In July, 1917, he was leader in the
| Globe strike.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
TO LIQUIDATE ARMY AFFAIRS
Brioadier General Dawes on Commits
sion to Settle Claims In France
and England.

Washington, Feb. appointment
of ''the United States liquidation com,
mission, war department" to liquidate
the business and financial affairs Of
the American army In England and
France, was announced by Secretary
Baker. Edwin B. Parker of Houston,
Tex. is chairman. The other men,
bers are Senator Henry f. Hollis Of
New Hampshire, Homer Fl. Johnson
of Cleveland, and Brig. Gen. Charles
G. Dawes of Chicago, who is now serv-
ing with the American expeditionary
forces. In addition to settling all
claims of and against associated gov
ernments, the commission will be en-
powered to dispose Of movable and
immovable properties in France and
England used by the American forces
and generally to liquidate the bust
ness and financial affairs in France
and England of the American expe-
dictionary forces" Headquarters viii
be maintained in Paris,
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
GETTYSBURG ADDRESS READ
CONGRESS Follows Its Usual Custom
on "Lincoin Day"

Washington, Feb. 13.-In accordance
with long established custom, Lincoln's
Gettysburg address was read Wednes-
day in the house. Representative
Russell of Missouri for the first
time in many years was unable to-
read the address, illness preventing
his attendance at today's session. BY
designation of Speaker Clark the adj
dress was read by Mr.. Russell's col
league, Representative Rubey. Nine,
Catherine Breshkovskaya, known as
''the grandmother of the Russian revo-
luton" will be the principal speaker
at the annual dinner here tonight of
the Lincoln Memorial association.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
APPEAL TO WILSON
Serbs Want President to Settle
Dispute With Italy.
Delegates of New Union Of States Lay
Claims to lstria, Dalmatia and
Fiume Before U. S. Executive.

Paris, Feb. 13.-President Wilson re-
ceived note signed by J. P. Pachitch,
the former Serbian premier; NJ. Trum-
bitch, president of the Jugo-Slav com
mittee In, Paris, and DR.. M. r. Yes
mitch, Serbian minister to France, the
three Jugo-Slav delegates to the peace
conference asking him to act as ar
bitrator in their differences with Italy
regarding the frontier along Istria and
III q: Ill IL Il iYfN Is III
of the presidents last Interview on
this question with M Trumbitch and
Premier Orlando Of Italy. M. Trum-
bitch claimed all of Istria, Flume and
Daimatia.
President Wilson expressed to Pre-
mier Orlando the opinion that an
agreement be reached giving to the
Jugo-Slavs the eastern part of the
peninsula of Istria and Dalmatia and
by making Fiume free city. Premier
Orlando answered that Italy could not
possibly renounce It's claims to Fiume
without the risk Of very grave trouble.
President Wilson, not wishing the
peace conference to be confronted with
the necessity of making decision that
might deeply wound either side, sug-
gested that the Italians and the Jugo-
Slavs discuss their differences and II
they could not agree that they should
submit the disputed points to arbitra-
ti0n.
Premier Orlando answered that he
thought arbitration was the proper
thing before the war, but not after the
long conflict that had ended with the
defeat Of the enemy and the occupa-
tion Of the territories claimed. He
added that he would consider the sug-
gestion and discuss 1t with his col
leagues on the Italian delegation.
No decision is expected from the
Italians until after President Wilson
returns from America.
Meanwhile, another italian territor-
ial question has arisen. Italy, at the
suggestion Of England and in accord
with France, has decided to occupy
with military forces Adalia and Ko
nieh, In the vilayet of Konieh, In Asia
Minor, south of the territory claimed
by Greece, having Smyrna as Its cen
ter.
Two Italian divisions have been or
dered to Rhodes to join another divi
sion already there and the whole force
will cross to Adalia as soon as the for
malities with Great Britain are com
pleted.
Italian troops are to occupy Bakr
and Batoum, on the Black sea. alst
Italy will ask for a concession of thu
mines of Haracleum, the largest In tn,
near East, located In the vilayet O
Costamuni, on the Black sea, which
are now exploited by French, Russian
and German companies.
The occupation Of these points wa
suggested In order that Italy shoult
8 be interested in mandate In Asis
Minor.
The Knoxville independent. [volume] (Knoxville, Tenn.) 1894-current, 1919-02-15
U. S. ACCEPTS JAPAN'S PLANS
America Agrees to Proposal in Regard
to Plans for Restoration Of
Railway Traffic In Siberia.

Washington, Feb. 13.-Acting Secre-
tary Polk announced at the state de-
partment that the United States now
had accepted formally the proposal Of
the Japanese government in regard to
plans for the restoration Of railway
traffic in Siberia.