davidaulloa/AmericanStories huggingface dataset:
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
LA 5IBLIoTEcA AGRIcoLA

La Estacion ha lido acumulando en-
los estantes un buen ndmero de bole-
tines, canjes, revistas, peri6dicos y Ii
bros. Ell numero de estos es tan Gre
cido cue ha sido necesario habilitar un
amplio y comodo local para su conser-
vaci6n nombrar un Bibhotecario pa
ra su cuidado.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
"ALIM ONY"
PENSION DE DIVORCIO'

Es otra de las peliculas del Primer
Circuito Nacional de Exhibiciones co.
mo 10 es VIDA DE PERRO. ST ella
fu6 bpena para ellos, tambi6n 10 sera
para USTED. veala en- su Cine. Adv.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
UNA PREGUNTA oPoRTUNA

Nuestro Redactor, quiso enterarse 81
la prosperidad de la Estacion, no era
mas que una promesa no una segu-
ridad absolute.
FL personal trabaja como puede. El
presupuesto es limitado. No estan, con
todo, demasiado bien provistos. :.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09

POE. virtud de las leyes NnmerOs 60
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
"ALIMO MONY"
PENSION DE DIvORCIO",

Es 10 que rompe cualquier union
lazo matrimonial donde no exista el
verdadero amor. Dcbe yer esta. cinta
para no caer en Ia tentacion. Pronto
en- los principales Cines. Adyt,
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
YAU-Co--CLA

Cafe inmejorable por su calidad y
aroma. No puede negar de donde pro.
cede. Yauco, Corozal, Ciales.
Sc vende en- San jose St., esquina a
Rafael Cordero. Advt.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
coNsULTAs Y coNsULTAs

Los resultados de las investigaciones
Y actividades de la Estacion Sc dan a
conocer en- Puerto Rico y fuera de
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1919-05-09
.-cALI M ONH
PENSION DE DIVORCIo"

Els una pelicula que debe Ser vista
por todas las 'familias debe qucdar
como un grato recuerdo. Pronto en-
los prineipales cines. Advt:.
New-York tribune., 1919-02-18
Regular Declarations
II. Joseph Lead Company
Shows Deficit for 1913

The consolidated income account Of
me St Joseph Lead Company for the
5eaT ended December 81. 1918. shows
earnings of s5,121,l64, decrease Of
s0'oos'295 from the preceding year.
Depletion, etc. amounted to s1.2e7.-
sa1. or s3.222305 less than for the
year before A reserve for Federal
taxes amounting to S2,000,000 was put
aside. During 1917 no reserve for
Federal taxes was made. Balance Of
Si,S23, ,l83 was equal to SI29 per share
@aIned on s14.o94 500 capital stock
~ par value. which compares with
$S9'6lo'273. or 1898 per share. earned
during the previous year. Dividends
totaiied S2.sl9.004, leaving a. dcfcis
Tor the year OF s995.821.
ne company has declared quarter
" dividend of 35 cents per share. nav
able March 20 to stockholders of record
March 8. This is cut of Is cents per
share, compared with the rate Of three
months ago.
New-York tribune., 1919-02-18
Mexico Confident of
Banking Aid Here
Expect Financial Assistance as
Soon as Oil Controversy
Is Settled

New \ ork bankers are now more open
to proposals to aid Mexico financially
than at any time since the Carranzista
government came into being, according
TO a statement made yesterday by in
terests closely linked to the present
Administration in that country. This
new attitude of the bankers, it was
stated, came to light in the informal
conversations which Rafaelo Nieto,
Mexico's Acting Minister of Finance,
has had in New York during the last
week. Mr.. Nieto came here for the
purpose of sounding out the attitude
of the financial community in the mat
ter Of rehabi!itating the national and
railway doht of the nation below the
Rio Grande.
From the same source it was learned
that after a solution Of the oil land
controversy had been reached in April
IN an extraordinary session of the
Mexican Congress, as is expected, the
Mexican representatives feel that it
Will be possible to reach an agreement
with financial interests here. 1t is now
recognized by the Mexican agents that
the CarranZa government will remain
up against stone wall so far as tinan-
cial aid from this country is concerned
until the status of American invest
ments in the republic to the south is
clearly defined. 1t was said also that
the Carranza government is willing to
confer with foreign investors in re-
gard to the fixing of new tax rates.
The change in the attitude of bank
crs, it was asserted, lay in their will
ngness to discuss Mexican aid and in
their expressions that possibly an
agreement could be reached. The plan
of refunding, still vague, involves the
issuance IF new bonds in exchange for
the s25O,c0O,000 of government bonds
outstanding. Including the railway
bonds, which were guaranteed by the
government, the Mexican foreign debt
amounted to S370,0Oo,000, Mr.. Nieto
said
New-York tribune., 1919-02-18
Kennecott Copper Pays
E l-2 Per Cent Interest
Borrowers From Bankers to
Garry Over Stocks of
Metal

The Kennecott Copper Corporation
has arranged to sell to J. P. Morgan
G. Co and associated banking interests
S12 900 900 of one-year per cent notes.
The cost to the company will be 61a
per cent, as the notes, which will be
dated March |, were purchased at 99l2
Among the banks associated with the
Morgan firm in the transaction are the
Bankers Trust Company, the Guaranty
Trust Company and the First National
Eank.
This same group early in 1917 fur
nished the Kennecott company with
$4,000, 900. which was used to acquire
about 100000 shares of Utah Copper
stock The purpose of the present loan
is to provide the company with funds
to carry its stocks Of copper, estimated
at between 50.000,o0O and 10000, 900
pounds The loan. it was stated by
one of the interested bankers yester-
day, is to be regarded as insurance
against the possibility that the COM
pany may be compelled to carry cop
per on hand for considerable time.
1t is said that the company has in
it's treasury sufficient cash to retire on
March 81 the last S400O,000 instalmcnt
of the loan negotiated two years ago.
There is no intention on the part of
the bankers to make a public offering
Of the new loan.
New-York tribune., 1919-02-18
Sales of Foreign
Securities MUS
To Be Fostered
investments of This Ki,a
Government Officials D.
lieve, Will Increase B,s
ing by Other Countr;s.

WASHINGTON, Feb. Ito ep,.,,
age American investments in fo,.
securities the government has =,
steps to gather extensive inform,
on credit conditions in other coun;,;,a
to be placed at the disposal Of me a.e
spective purchasers of private Sem. srs
ties. This work, undertaken by =.
Department of Commerce with H. .as @0
sistance Of the War Trade Boar5 ~ ~
the Treasury. has been started Os s"a
comparatively small scale with rana..
OF consular agents. but the goyernm.ss
plans to extend the scope of tho thu
qulry by assigning special financial -,
commercial agents to certain suh;a..'U
Eventually, officials plan, an Ams,;
can investor considering purchase =.
stocks or bonds Of some industrial y
terprise or public service corpora,;as
in foreign country can apply 10 n.
Department of Commerce for informs
tlon on the general credit of the -.
terprlse. This IS expected to minim;,.
sales of foreign securities of douh,fsl
value III the IL ted States and strenrS'
en- the market or legitimate securitIs,
The governments interest in Il,
matter, it was explained, arises out oi
the desire to cut down governmerl
loans to Allied countries as fast Sc
possible, and. instead. to get private
capital 10 take up foreign SECURITIES
public or private. This viii aid ior.
eign trade. since. i'm effect large mr..
chascs Of goods IN the United Stairs
viii be paid fer in securities instead of
cash. Similarly. the rates in forapn
exchange Will be kept nearer psrty
officials explained.
New-York tribune., 1919-02-18

Edward S. Jordon of the Jordon
Motor Car Company talks of the
world markets rapidly opening up
to American automobile production.
and numerous inquiries from prac-
tically every country in the world.
This calls attention to a state of
affairs to which little concern seems
to have been given. Nearly all the
automobile concerns in Europe
worth talking about were converted
into munition plants during the
war England practically ceased
producing cars. 1t will take some
time for these foreign countries to
get back into production. Mean
while American automobile makers
can supply what must be a greatly
accumulated demand. That is, they
can do so provided they can get
back into production quicker than
Europe. As American concerns
did not abandon pleasure car man
ufacture as completely as European
plants, they should be able to do
New-York tribune., 1919-02-18
Ajax Rubber Company Earns
S3.55. "A Share on Capital Stock

The annual report OF the Ajax
Rubber Company, issued yesterday
aiscioses profits amounting to s2.915,-
sbe. which compares with $i,955 ,293
for the preceding year. Federal taxes
were S1.7OOOo0. against s495, 900 for
the year before. The stockholders Of
me company shared in dividends TO the
sxteat Of $4,000 during the year.
surplus of s3G5.3ss. added to previous
surplus oY S76e.340. accounted for the
profit and loss surplus Of sI,l32.208.
President II. l.. McClarcn in hin
ffrnaske to stockholders said that
Z~lra 70 war time conditions the
financial an we'll an production and
7aies departments we're affected. lie
4aso sma that the certainty If sup
~, transportation and other unusual
fi'fcultiea IN obtaining crude usterials
"*eeaHifat@d the carving on of abnor~
!se@fsy iarge stocks Of crude material.
. ~ tniS. the company mad 70 borrow
f1asidefably more money than IN nor
tsai tines.
New-York tribune., 1919-02-18
Railroad Gross
Nearly 5 Billions
In 1918: Net Falls
Operating Revenues Great
est Ever Reported, but
Expenses Cut Down In
come; Returns byDistricts

WASHINGTON, Feb. 1.-THE effect
Of war on reilroad expenses, revenues
and net earnings was shown to- day by
the Interstate Commerce Commission ms
final report on earnings OF 1875 prin
cipal roads, those whose revenues
amounted to S1,OoO,00O or more, in
1918.
Operating revenues amounted to
s4,913,3 ,319,0 ,0oo, the highest in history,
and 1868, 100000 more than the S405O,-
1880 Of the previous year. Oper-
ating expenses arose proportionately
more, however, to Sl.0O6,S94 900, or
$1,149,000 600 more than the $685.,
100000 of the previous year
Operating income which is the diff
ference between revenues and cx-
penses, with deductions for ordinary
taxes, amounted to S719,159 900, but
because of other adjustments on ac-
count of cal and facility rents, the
net income to the Railroad Admins
tration from operations amounted to
only S6q0,4ls,Ooo
These figures are somewhat differ
cnt from these reported by the Rail
road Adm .'tration, watch reported
Federal income as $6S8, 900, 600. Rev
enues We're paced at $4,842 ,O00,0 900, and
expenses at 006,OOO,OOo by the Rail
road Administration statisticians.
The act income in 1917 was $974,-
778,0oO, or $284,oOC,OOO greater than
last year.
The result of increased freight and
passenger rates was shown by the IN
terstate Commerce Commissions re
port that freight revenues in 1918
amounted to S3.450 ,00O,000, as COM
pared with $2,834 100000 in 1917, and
passenger revenues to S1O3l .000,0
compared with $s27 100000 in 1917.
All expense items showed marked
increases: transportation expenses, in
which most of the cost of running
trains is included, were $2,051 100000,
as compared with 81, 534 900 coo the year
/ before. Maintenance of equipment cost
S1.10S ,000000 as compared with $780,
/ 100000, and maintenance of way and
structures $653, 100000, as compared
with S4t5,000000.
Tho average number OF miles operated
during the year was 234 ,022, or 1928
more than in 1917.
For the Eastern district, operating
revenues were $2.230 0OO, 900, expenses
S1,91400 900 and net income for the
government $2O9 100000. For the West
ern district, revenues were S1,899 ,000,-
600, expenses $1089 100000 and net
Federal income 1884, 100000. For the
Southern district, revenues were $780,
100000. expenses S6OS 100000 and net
Federal income S146,000,000.
New-York tribune., 1919-02-18
/ n d IL S tri al
Cotton

A further advance took place in the
cotton market yesterday. with May
deliveries selling up to 22.S8c, or 73
points above its Saturday closing and
more than &c a pound above the low
level of last week. Profit taking by
recent buyers was sufficiently active
TO cause reactions Of several points in
the late trading, but the closing tone
OF the market was strong, with last
prices showing net gains Of AZ to rs
points.
The more cheerful feeling as to gem
oral trade conditions which had de-
veloped toward the end of last week
seemingly was conductive to an i'm
proved demand for spot cotton from
both domestic mills and exporters.
Liverpool did not fully meet the local
advance OF Saturday, but houses with
English trade connections were good
buyers here at the opening and there
We're also buying orders from the Con-
tinent
The demand from these sources
helped the opening advance of 8 to
43 points, and there was good buying
by Wall Street interests Offerings
increased around the 2212c level for
May and the market reacted rather
sharply late in the morning with that
delivery selling off to 21.91c and with
old crop months generally showing net
losses of II to 80 points. Profit-takine
sales then appeared to have been alb
sorbed. and in the absence the market
here for Southern account the market
hrmed up again during the Afternoon
on a renewal OF the early buying
movement, reaching a net advance o1
rs to SO points. The support from
Wall Street sources was more aggres-
sivc on this late upturn, which was
probably influenced to some extent BY
the firmer tone of the stock market
Private advices have been received
confirming recent reports that The
French government would modify re
strictions on the cotton trade to per
NIT the importation by private firms O.
100000 bales a month for 5 month.
beginning with May. Unconfirmed re
ports that the embargo on exports wa:
soon to be removed were in circula
ton
Exports for the day we're 23.5ft
bales, making 2,67S.87S bales so ia,
this season, against 2.615904 last year
The feature in the Southern spot sit
uation as officially reported was al
advance of 100 points in the Easterr
market, which reported sales of 2,08-
bales and quoted middling cotton a
27c.
The local market for spot cottor
was steady and 70 points higher al
292Oc, compared with 2650c on Satur
day and 31.45c year ago. There were
no sales OF spot.
The range of prices follows:
New-York tribune., 1919-02-18
RelevantCOnl1nent
While American Traders Wait

While the merchants of the United
States are apparently awaiting some
more stable state of affairs in Russia
and Siberia before launching an active
trade campaign, japanese traders arc
getting the bulk of the foreign bust
ness with those parts of Siberia that
are open, according to advices to firms
here with Russian connections. The
island empire has the advantage of
being geographically near to Siberia
and, therefore,, of watching the changes
in conditions from a closer range. The
recent cut in shipping rates, however
may be expected to have the effect of
bringing the United States nearer to
Siberia Business interests which have
their eyes focused on Russia seem to
be waiting for the peace conference to
act, and also for the results of the
proposed Prinkipo conference.
New-York tribune., 1919-02-18
Refining Earnings Increase

The Oklahoma Producing and Re-
fining Company reports gross for the
year ended December 81, last. Of
$4,54O,3S0. compared with $3,246.491
for the year before, an increase of
Sl293,Ss9. Established war taxes
were 100000, an increase of $3.50. .9T5
During the year $SO3,l73 was spent for
the development of land. After
depreciation. etc. of $1,624,S13. net
amounted to S1.512,394, an increase of
S72966. Balance of S1,30O.559 was the
equivalent to 65 cents per share earned
on the $4,000 600 capital stock (par
value So. compared with 81 1,OS3,S45. or
equal to 55 cents per share, earned in
1917. Dividends totalled 1888. .375.
leaving surplus for the year of
S3121S4
New-York tribune., 1919-02-18

An indirect discrimination against
the small subscriber still remains.
He gets smaller return on his
money, the Victory loan means less
to him financially than it does to
the wealthy subscriber For if the
tax-free issue is offered at d per
cent and the taxable issue at AZ
per cent, say, then the subscriber
to the a per cent issue gets, or ex-
poets to get, higher return than
a "a per cent on his tax-free bond,
otherwise he would not subscribe
to it. He gets this increased re-
turn by escaping taxation which he
would have to pay if he held instead
taxable securities of private cor
porations. 1t is never the bonds
that are taxed, but the holder; and
the greater his income the greater
return he realizes on tax-exempt
bonds. Radicals would be certain
to call the governments income tax
schedule farce With it's left
hand it levies taxes and graduated
super-taxes on income, and with it's
right it provides bond by which
those taxes may be escaped.
New-York tribune., 1919-02-18
Mexico Ravaged by the "Flu"

George II. Caruahan, president of
the Intercontinental Rubber Company,
who has just returned to New York
after several weeks spent in inspecting
the company's properties in Mexico,
stated that the republic south of the
Rio Grande has suffered with terrible
severity from the ravages of the infu-
enza epidemic. In some communities
he found that more than 80 per cent
of the population had died Mr.. Carna-
han branded as false recent reports 20
the effect that his company had de-
veloped or was considering the devel-
opment OF oil in the Belgian Congo.
New-York tribune., 1919-02-18
Several possible

Several possible consequences
ought to be considered before Sec
rotary Glass definitely decides on
the plan to make part of the COM
ing Victory bond issue tax-exempt.
The plan has this advantage Gver
that adopted in the first 1a per
cent loan: there is no direct dis
elimination against the small sub
scriber. The first loan could be
floated at that low rate largely be-
cause it was taX-free, which meant
that subscribers in moderate cir
cumstances, buying bonds largely
through patriotism, were compelled
to accept lower return OH then
money for the benefit of subscrib
ers in affluert circumstances.
New-York tribune., 1919-02-18
Action Of "Pan-Pete" Surprises

The continued strength in Pam
American Petroleum shares yesterday
surprised even those who have been
most optimistic On their market action
The stock, which rose on Saturday
more than ) points to 1914. jumped to
80 yesterday before reaction set IN,
which carried the price at the close
down to 77a a net advance of T.
points. This company owns the MAJ or
ity Of the stock of the Mexican Petro-
leum COMPANY.
New-York tribune., 1919-02-18
Northwestern Mutual Report

The Northwestern Mutual Life In
surance Company. in it's report for
1918, shows total receipts Of S7S.02S. :
516, an increase of $2,534,S10 over the
preceding year. Disbursements during
the year were S4,S39.s .sTa more than in
1917, caused mainly by the unusual
increase Of $5,l99,62 in death claims
and matured endowmcnts. The total
amount Of insurance in force at the
close Of 1913 amounted TO 81 ,6S0, 1885,
b46
New-York tribune., 1919-02-18
Railroad Shares More Active

Those who have refused to become
optimistic over the future trend of
stock market prices because of the
backwardness Of the railroad shares
found some comfort in the announce
ments from Washington yesterday that
the House Interstate Commerce Com
mlttee would take no action on the
McAdoo five-year plan and that the
House Appropriation Committee had
decided to report favorably on the
amendemnt adding $780, 100000 to the
"revolving' fund These develonme nts
which were regarded as favorable, were
followed by buying movement which
was most noticeable in Reading, Cana
daln Pacific and Union Pacific. which
showed substantial gains at their tor
New-York tribune., 1919-02-18

1t may be alleged that the wealthy
subscriber would merely put his
current income, his income for less
than a year, say, into the tax-free
government bonds. But if the tax
free provision is attractive enough
for him he can, in order to buy
more Of the new issue, scll his
present 3hs and other bond issues.
depressing their price; for until
they fell quite sharply only persons
in moderate circumstances would
want TO buy them. The saxnc might
follow with other securities on the
Stock Exchange. The old 311 per
cent tax~exempt issue has been
New-York tribune., 1919-02-18
Mill Stocks Strong
Anticipation of Melon Cutting
Sustaining Factor
Business News Bureau
Snccinl COrrfSnOndcnrc

Special Correspondence
NEW BEDFORD, Mass, Feb. 17.-ln
spite Of the dull market for cloth and
yarn and the continued labor troubles
mill stocks of New Bedford and Fall
River remain at a strong figure. This
is owing chiefly to the expected re-
lease III the near future of S2,3O0,OO0
of cash dividends, practically all Of
which Will be available for investment
in textile securities. This is the
amount of the melon to be cut for the
benefit of stockholders in Boston, New
York and New Bedford of the Mechan-
.cs National and First National banks
of this city ander the terms Of con-
solidation soon to be effected
New-York tribune., 1919-02-18
Dividends
Decreases

St Joseph Lead Company.-The reg
n'ar quarterly dividend has been re-
duced from 80 cents per share to 35
ecn's per share, payable March 20 to
stocAholders OF record March Q.
New-York tribune., 1919-02-18
Observation-Disclosures ents
Finance 81 Economics

slowly gravitating into the hands
of the very wealthy. 1t would be
interesting to speculate on how far
this process has already gone, and
how much selling there was Of other
securities in order to effect it.
New-York tribune., 1919-02-18
Cuba Cane Bonds to Guaranty Trust

A syndicate headed by the Guaranty
Trust Company is expected to market
the issue of $25,00O,O00 bonds author
ized by the stockholders of the Cuba
Cane Sugar Corporation at the annual
meeting last week. This institution. it
IS known, has made a definite bid for
the bonds and the management of the
company is expected to announce in
the near future its acceptance.
New-York tribune., 1919-02-18
Butter, Cheese and Eggs

Butter-Roceipts were 9,2ll PACK
ages. Creamery, higher than extras
h., 5712a 5sc; extras, 90 score, 56.
SIC; hrsts, So to 81 score, 40@SS'
seconds, So to 81 score. 44d47c; lOTe'
grades, 40M 48c; unsalted. higher thai
extras, 59l2 q soc; extras, 5S2g asc,
firsts, 5lM SIC; seconds, 46a soc; siaN
daiIy tubs. finest, 54F 55c; geo. !
primo, 47o SIC; common to far, Oos
46c; renovated, extras. a. l2ia 45c; ffss
42m 43c; lower grades, 350 4Oc; lrllls ns.
tion creamery. firsts, 40fd 42c: lsoes
current make. frsts. 3712@G 2S1 &c; ssc sse
onds, 35la6o 36i2c:; lower grades SSs %.
3442; packing stock, current make Nv ~
l, 300 50 l2c; No. 2, 3ic; lower grs0's
290 3Sc.
New-York tribune., 1919-02-18
Corporate Returns

Pacific Telephone and Telegraph
tompany.-Operatin revenue for the
seven months ended December 81.
1918, aggregated S15362, ,773. Expenses
and taxes of S12,33G,466 were de-
Quoted from the amount, leaving
net of s3,o32,307. Other income was
placed at S157,151. After charges of
S1,929, ,431, balance was S1,26O,O27. Div
ldends were 100000, leaving a surplus
for the period of $30O.027
Keystone Tire and rubber Com
pany.-Net profits for January we're
S42,335 compared with 1900 for the
corresponding month of last year.
Manufacturers Light and Heat Com
pany.& Gross earnings for 1918
amounted to $9,693, ,573, compared with
$9'l22,2lS for the preceding year. Net
earnings were S3527,775, against So
459.010 for the year before. After
dividends, depreciation, etc, had been
taken care of, surplus was $4O2,9
Mackay Companies-Annual report
shows income from investments
amounting to S4,695,497 compared
with S4,519,365 for the previous wear.
Operating expenses, etc. were S3Ol SIT.
after dividends of $4.3S8,677, surplus
for the year was $5,699
Cuba Railroad
december D',e, srosS..... s772.172 Dec. .s27o, ,o13
Six months gross =. 1865. .425 Inc. 414 eos
Surplus .......... 454 2S4 Dec Ed o7d