davidaulloa/AmericanStories huggingface dataset:
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

ing $4,000 with our home doctor, my hus-
band saw DR.. Pierces remedies advertised.
He at once got me bottle Of both 'Favorite
Prescription and Golden Medical Dis
covery'. As my case was of long standing
and was in such bad condition, used nine
bottles Of each, and, thank God, | am
healthy and happy. hope that all sufferers
will DO as did-give the medicine trial
and be convinced. Anybody wanting TO
know more about my case, please write to
m and send a stamped envelope and will
gladly an. -er MRS. AUGUSTA VEG
NER, Route 3, Box "a,
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
INDIGE
Caused by
ACiId-StOn1aCh

Millions OF peopie--in fact about out Of
1O-suner more or less from Indigestion.
acute or chronic. Nearly every case IL
caused by Acid-StOmHcb.
There are other stomach disorders which
also are sure signs of Acid-Stom0ch-belc h-
ing, heartburn, bloat after eating. food re-
peating, sour, gassy stomach. There are
many ailments which while they do not
cause much distress In the stomach itself,
are, nevertheless, traceable 10 an acid
stomach Among these are nervousness,
biliousness. cirrhosis or the liver. rheuma-
tisu, Impoverished blood. weakness. insou-
MIA, meiancholia and long train o.. phys
zeal and mental miserics that keen ths
victims in miserable health year after year.
The right thing TO 10 is to- attack these
ailments at their source-Eet rid of the acid
stomach. A wonderful modern remedy called
EATONIC now makes II easy 90 do this.
one OF hundreds Of thousands OF grateful
users OF EATONIC writes: y have been
troubled with intestinal Indigestion for about
nine years ana have spent quite sum for
medicine. but without relief After using
EATONIC for few days the gas and pains
in my bowels disappeared. EATONlC Is just
the remedy l needed
We have thousands OF letters telling Of
these marvellous benefits. Try EATOEIC and
YOU, too, Will he just as enthusiastic in is
praise.
Your druggist has EAToNGC. Get "a big
soc box from him today. He Will refund
your money IL Won are not satisfied.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

oh, girls, such an abundance OF
thick, heavy, invigorated hair; per
feet mass of wavy, silky hair, glorious.
ly fluffy bright and so easy to manage.
Just moisten cloth with a little
"Danderine" and carefully draw IT
through your hair, taking one sman
strand at a time; this magically re-
moves all dirt, excess oil and grease,
but your hair is not left brittle, dry,
stringy or faded, but charmingly soft.
with glossy, golden CLEANS and tender
lights. The youthful glints, tints and
color are again in your hair
"Danderine" is a tonic-beautifier,
Besides doubling the beauty of the
hair at once, it checks dandruff and
stops falling hair. Get delightful Dan
derine for a few cents at any drug
or toilet counter and use it as 9
dressing and invigorator as told on
bottle.-Adv.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
Shave With cuticura soan

And double your razor efficiency as
well as promote skin purity, skin COM
fort and skin health. No mug, no
Shiny soap, no germs, no waste, nc
even when shaved twice
daily. One soap for all uses-shaving,
bathing and shampooing.-Adv.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
Applied knowledge.

Our little boy asks so many ques-
tions and so many of them we are UNI
able 10 answer, so we give him this
answer: THAT'S just nature, SON."
One day asked him how he got his
face so dirty, and he said: That's
Just nature, mother Chicago Trib-
me
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

well pleased with il
that / like TO do all
in my power 20 help
other sufferers. l
suffered with lame
back and swollen
limbs. / was SO
weak and dizzy that
| couldn't take care
OF my baby and
family. / suffered
and worked till I
finally took to my
bed, and after spend
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
Properly Labeled.

.Iack--Did borrow So of you one
day last month?
Bob-lll have to consult my memo
randa book Yes: here 1t is. "Charity,
So"
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

Bookkeepers are merely iigureheads
In the business.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
Not So Bad.

us this son Of yours YOU are talk
Ing of, adoiescentY mercy on US
no! He's merely cranky"
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

No one has more vivid magma
tion than the man who imagines he
knows it ALL
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

There's lot to be gotten out of
life which doesn't show in a bank ac-
count.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13

Many mans only extravagant hab-
II is wife.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1919-11-13
Suffered with
Lame Back and
Swollen Limbs

Wild Rose, VISIT have used DR..
Pierce's Favorite Prescription and was so
New-York tribune., 1919-07-25
German Credit Inquiries

Inquiries emanating from German
oources. relative to the arrangement of
credits in this market have so far re-
suited mainly, it is asserted, in an in
terchange of banking opinion regarding
the salability of German acceptances
to American banking institutions. The
German interests seeking such credits
have informed the bankers here that
they would prefer acceptances RUNNING
for six months, with the privilege Of
one renewal, making them in reality
one year credits. With such long
maturity they would not be available
tor rediscount at the Federal Reserve
banks, which would make them much
less desirable from the vieygpcint of the
oonkers as an investment Issued on
such basis there is serious oues-
ton, 1T is stated in financial circles,
whether the acccptances could be sold
IN the open market. Such acceptances
you'd, Of course, be drawn against
German Importing houses and be ac
cepted by German banks of standing.
While the discussions have not vet
got to point of considering the
interest rate, it Is stated that German
interests would probably have to paw
at least as much as the Belgian in
terests, which borrowed $50 900 900 on
acceptances early In the year. paving
ABOUT per cent for 3he accommoda-
tion. N''''''' 0o"-
New-York tribune., 1919-07-25
u. s. Steel

With the Bethlehem directors pass
ing the extra dividend in pursuance Of
a policy Of conservatism in view of the
of the immediate outlook
for the steel industry, the financial
district discussed the approaching
meeting of the directors of the United
States Steel Corporation next Tuesday
with increasing interest. While it has
been intimated that the quarterly re-
port Of the big corporation will be
better than generally expected, it is
commonly believed that the Steel Cor
pcration failed to earn it's common
stock dividend. That might mean a
reduction in the regular quarterly dis
bursement on Steel common, although
the drift of opinion is that, in view Of
the increased business booked by the
corporation in June and the current
months and the indications that the
industry has turned the corner, no
change will be made in the disburse-
ment. Steel common early sold up to
1879, but dropped back in the after
noon to 110A, closing fractionally off
at Ill.
New-York tribune., 1919-07-25
Enthroning Industrial
Money

THE First National Bank yester-
l. day announced, through S. Yer
non Mann, of Mann, Bill G. Co., who
lend call money for that bank on the
Stock Exchange, that hereafter it
will charge the same rate for loans
secured by all-industrial or mixed
collateral. Since loans we're begun
to be quoted a year ago according
to their collateral there has vir-
tually invariably been a differen-
tlal in favor of the loans secured
by mixed collateral.
The action of the First National
Bank was looked upon as an ex-
preston Of the opinion that indus
trial securities were on parity
with railroad stocks in safety as
security for call loans.
Until the system Of making sep
arate quotations for loans secured
by mixed collateral and all-indus-
trial collateral was introduced it
was the long established practice
of banks to lend either against all
railroad collateral or mixed collat-
eral, and where the latter was ac-
cepted large proportion of COL
lateral to the amount loaned was
required, although the rate of in
terest was the same. Now the First
National Bank proposes to trca,
collateral on its merit. without dis
crimlnntion as to whether 1t Is rail-
road or industrial.
New-York tribune., 1919-07-25
Bethlehem Steel Corp.
Drops Extra Dividends
Action Taken to Conserve Cash
Against Somewhat I'm
certain Future

Directors of the Bethlehem Steel
Corporation voted to eliminate an extra
quarterly dividend on both the A and
common stocks, and declared only
the regular disbursements of Il per
cent, payable October 1 to stockhold-
ers of record on September 15
Annual dividends on the company's
common stock were paid at the rate
of 10 per cent from early in 1917 to
the end Of 1918. In the early part of
this year the stock was placed on a
regular per cent basis, with an extra
dividend of Il per cent declared for
the first quarter. In April an extra
distribution of u Of l per cent was
ordered.
The directors, in a statement issued
after yesterdays meeting, explained
that the extra" was eliminated be-
cause it was felt wise to conserve the
corporations resources against the
somewhat uncertain future"
"Althought the steel business is
ume," said the board, "it was recog-
nized that, with the continued high
cost of production and present level of
prices, resultant profits would not JUS
THY any extra dividends.
"The corporations shipbuilding plants
are still producing at full capacity,
AAASAP pony oii WOl II CdhcI UUllIS LIc
war period The steel plants as a whole
are operating at about so per cent
capacity, in some important lines at
full capacity, but the small volume Of
orders from the railroads, which are
normally the largest single purchaser,
makes for an unbalanced order book.
"The corporation IS continuing its
policy, of undermining its plants and
extending into new fields. To date this
year it has spent 100000 and has
authorized. financed and in course of
execution further plant extensions at
a cost of $2o,Ooo,0 ,0o0 When completed
this expenditure, in the main, will pro-
vide additional structural capacity at
the Bethlehem plant, additional mer-
chant plate and tinplate output and a
new sheet plant at the Maryland plant,
extension of drydock and repair facli
ties at our various shipyards, and the
undermining and extension of the Amer
lean Iron and Steel plant at Lebanon
Material progress has been made in
converting the purely wartime plants
into various commercial pursuits close
ly allied to the different lines of our
present business"
New-York tribune., 1919-07-25
Credit to Europe or Crisis
Here, ]. S. Alexander Says
Banker Asserts Nation Faces Great Over Production
Unless Measures Are Taken to Enable For
eign Countries to Buy American Goods Freely

time, but they would have to conduct
their business with US on such ruin
Gus basis that, In the long run, it
would undoubtedly mean financial
disaster to them and, by that very
fact, financial loss to American in
position of having loaned their money
to bankrupt nations. From the point
of view Of American self-interest,
therefore, and ignoring all claims Of
humanity, there must be an equaliz-
Ing of credit opportunity as between
the strong nations and the weak
Many Things Needed
again, the commodities which Eu-
rope must come to America to get are
many: Food products, industrial
metals, textiles, etc. Some are more
profitable to produce and sell than
others. Some would enjoy greater
immediate demand than others. The
stronger commodities would naturally
commodities out Of the market, al
though these less profitable commodi-
ties might, on the one hand, be es-
sential to the lives of Europe's
millions, and, on the other, might rep
resent the livelihood and Investments
of millions of Americans. Unless,
therefore, there is correlation Of
purchases from this country, we are
liable to see serious displacements In
our business structure-that is, great
prosperity in some lines, great de-
pressions in others. That would
mean, in the long run, due to tho
close Interpretation existing among all
lines of industry, a depression ulti-
mately of the whole business struct-
ure and possibly collapse, the weaker
elements pulling down the stronger"
The suggestion is made by Mr.. Alex
ander that surveys be made of the
commodity needs of the nations If
Europe, getting estimates of how much
copper steel, cotton, wheat and other
supplies would be needed. The sup
plies available in America, he points
out, are great, but not so great As
to meet unlimited and unbalanced de-
mands. To meet this situation ra-
tioning: of supplies for export is ad-
vocated.
AS to the detailed working of the
financing. the necessary credits will |
be so great, in the opinion of the |
banker, that they must be carried to
the investing public Of the whole |
country in the form of bonds or |
debentures. The security behind these |
debentures should make them almost |
equal to government bonds in point |
of safety. 1t is the opinion of Mr.. |
Alexander the individual European |
buyer should be prepared to give a |
general mortgage upon his entire as
sets, his loan to be indorsed by con-
sortium of banks in his own country.
reinforced, where possible, by govern
ment guarantees.
New-York tribune., 1919-07-25
Discrimination in Advances

onder the method Of handling the
s'i'uatlon along normal lines without
sne creation Of new machinery it is to
De expected that the enterprises Of
comparatively good credit will be
favored and the others neglected
imoleover, iao the banks are likely to get
.Gauea a; up With large amount of for
elgn securities, it is asserted, which
may, tend toward greater innation'
BANKERS point out that if nation
VIDE corporation, such as contemplated
IN the Dawson plan. is launched at
some future date it would be feasible
for 1t to take securities from the
banks and give their own debcnturcs
70 the banks instead. Largo credits
to finance the purchase by british in.
terests Of American cotton are antic,-
pated, but so far as could be learned
no large operations have yet been put
on foot.
New-York tribune., 1919-07-25
America's Task

America must understand how
her own fortunes-her own future
are bound up with the fate of Euro
pean civilization and that European
civilization is confronted with ex-
treme dangers. Without Americas
help the catastrophe cannot be
averted, believe-but by Americas
help / do not mean Americas char
ity. If once we grasp the full i'm
port Of what the war has brought
to Europe, at once we see what vast
responsibilities and opportunities
the war has brought to US. l be-
lieve we will place ourselves at the
service of Europe as a whole nation
just as we threw our whole national
strength into the task of saving Eu-
rope and the world from military
domination. Europe is now to be saved
from financial and industrial
break down. There are possibilities
of cataclysm in the situation and
time will move very rapidly. I be-
lieve much of the disaster can be
averted, but that only can be done
If America nderstands.-Frank A.
Vanderlip.
New-York tribune., 1919-07-25
Free Market Restored
In Transvaal Gold
England Removes Restrictions
on Export Established as
War Measure


LONDON, July PA free market
for gold produced by mining COM
panies in the Transvaal is rexstab-
lished by an agreement signed to-day
by the Bank Of England and repre-
sentatives of South African gold min
ing companies. The action removes
restrictions on the export Of gold that
prevailed during the war The agree
ment, It is understood, has the sanction
of the imperial South African govern
ment.
1t now is possible for gold to be pur-
chased In this country through the
usual channels for shipment abroad
An experimental sale Of $4,000 ounces
of gold, for shipment to America, was
made by Transvaal companies at
price of IS shillings 6 pence for a
standard ounce. Until now the price
has been II shillings pcnc. an ounce.
New-York tribune., 1919-07-25
Storm Heads Sweets Co.

George l.. Storm, who has rendered
his resignation as vice president Of the
Tobacco Products Corporation, has been
elected chairman of the board of di-
rectors Of the Sweets Company of
America, a block of whose stock was
recently underwritten by Block, Ma
loney & Co. Benjamin Block, of the
Stock Exchange firm, has been elected
Mr.. Storm, it was announced yester-
day, will remain a director of the
Tobacco Products Corporation and its
recently organized subsidiary. the
American Foreign Trade Corporation.
New-York tribune., 1919-07-25
Bethlehem Steel

Omission Of the extra dividend on
the Bethlehem Steel "A" and "B" COM
mon stock took the Street by surprise.
In the preceding quarter q per cent
had been paid, this being a reduction
Of u per cent from the rate paid at
the beginning of the year and during
1918. By reason Of the boards action,
Bethlehem common shares are back on
straight per cent dividend basis.
The stock on the early advance yester-
day got up to 108 for the "B" shares.
1t was selling around 104 when the
news came out. For a time the stock
held its own, but in the general selling
movement in the afternoon it receded
with the rest Of the industrials, clos
ing points off at 1OOM.
New-York tribune., 1919-07-25
Aetna Explosives REORGANIZATION

In the reorganization Of the Aetna
Explosives Company, Inc, it is likely
one to continue the manufacture of
explosives and the other to do an in
vestment business. The title of the
latter concern will probably be the
Aetna lnves tment Company, with cash
resources of approximately $4,000 900.
. 1t is expected that by the first of
September details connected with car
rylng, through the readjustment will
have been completed, leaving the newly
elected directors, representing for the
H'ost part the common stockholders,
Tree 10 manage the property, which
for the last two years has been in Tho
hands Of receivers.
New-York tribune., 1919-07-25
Financial Bureau.
Telephone Becknan 5000.
w all Street
Market Strong, Then Weak

The market WAS strong in the early
hours yesterday, but encountered In
creased offerings in the afternoon
which we're absorbed with difficulty, and
the closing was weak. Standard indus
trials lost anywhere from fraction
to 4 points. Steel shares were under
pressure following the omission Of the
extra dividends on Bethlehem Steel
common. Oils lost ground after dis
playing strength in the forenoon. With
sentiment among brokers generally
favoring lower prices, the selling that
appeared in the afternoon indicated
some important liquidation of long ac-
counts, but the downward movement in
prices was accelerated by professional
selling for the Decline
New-York tribune., 1919-07-25
A New Performer

The Street was treated to another
bit Of pyrotechnics in the industrial
list, this time by Stromberg Carburetor.
On Wednesday that stock advanced
1878 points net to SO on comparatively
small purchases. Yesterday it con-
tinued its boom, jumping to 1O4 in the
first hour of trading. From that level
it dropped to 81 and then rallied to
50. Stromberg closed at SO, up points.
The speculative clique operating in
this stock has found it easy to mark
the price up because of the small
floating supply. The market is thin
both ways, as was demonstrated yester-
day.
New-York tribune., 1919-07-25
The International Credit Situation

Although the programme for the CO.
ofd'nation through central institu-
ton Of loans to Europe has been tenn
porarily sidetracked, bankers who have
sponsored the idea yesterday expressed
the view that eventually the plan
would be followed Meantime, instead
O. dealing with the matter of fnanc-
ing Europe on Wholesale basis, banks
and banking institutions in this coun-
try Will extend separate credits to in
dlvldual Institutions and perhaps gov
ernments abroad.
New-York tribune., 1919-07-25
Newcomers

Two new stocks were admitted to
dealings on the Stock Exchange yester-
day. Pacific Gas ard Electric had a
turnover OF 1900 shares on It's first
day on the big board. touching high
Of 75%, low Of II IL, and closing at
72%, up fractonally. a broad market
was created in United Retail Stores
introduced to trading on the exchange
for the first time, rising to 101A, a
rev high. The stock closed at 0aA.
of 2E. ~
New-York tribune., 1919-07-25
Market Opinion
Higher Prices Ahead

After another period Of irregularity,
furnishing good trading opportunities,
the market will go ahead again. In
the meantime buy as cheap as you can
some coppers, equipments, Goals and
coal-carrying roads, junior railroads
and tobacco.-C. l. Hudson G. Co,
New-York tribune., 1919-07-25
Money VS.. Stocks

With money remaining compare
lively easy, the upward movement
probably will continue, but this factor
should be closely watched with q view
of reducing holdings on any signs of
restriction of accommodations. B.
Chaplin e Co.
New-York tribune., 1919-07-25
BuiIish

With business going ahead and with
big foreign business in prospect once
exchange rates and credits are at
tended to, there is no reason to look
for other than higher prices for the
standard shares.-HaUe & StiegHtx.
New-York tribune., 1919-07-25
nance and rade
Business Mems Bureau.
clephone Bcekman 8243.

great discount on sterling and francs
and the instability of the markets in
those exchanges. There was also q
tendency toward the holding up Of
business under negotiation. Until
sterling exchange can be stabilized
the opinion was expressed that inter
national trade would be seriously
hampered.
New-York tribune., 1919-07-25
Wheat and Corn at
Record Prices in Argentina

BUENos AYREs, July 2a.-wheat
and corn rose to new high records on
the market here to-day. Wheat ad-
vanced to 10 pesos hundred kilos, an
increase of pesos during the day. and
corn rose to II pesos a hundred kilos,
an increase of l peso over the opening
quotation
New-York tribune., 1919-07-25
Affecting Trnde

Bankers said yestcrday that thc fall
In exchange on London and Paris was
already being felt in trade relations
between the United States and Eng
land and France since cancellations of
c"ntrncta we're being forced by the
New-York tribune., 1919-07-25

his competition with that institution about
nrnuts Ausus. l ana will thereafter take up tho
E.a.,ice OF law IN this city. or late Mr.
Gurtis ~ mus been in rather poor health.
aa me result of an accident white on
N"'"'i"h IN the South abou, year ago
New-York tribune., 1919-07-25
The Dollar in Foreign Exchange

Sterling exchange was relatively
firm yesterday, and francs and lire
were steady. Marks were weak and
sold as low as 6a4 cents, closing at 6is
1t was reported that one large bank
bought 100000 marks at 7as cents
from another banking institution for
future delivery before the end of the
year.
New-York tribune., 1919-07-25

London Money Market. - LONDON,
July 24.-Closing money, 2% per cent
Discount rates: Short bills, 7-16 to
31z per cent; three months bills, GIG
to 39s per cent. Gold premiums at
Lisbon, 40.
New-York tribune., 1919-07-25

Franz Meyer has been appointed as
Histant cashier and manager OF tho for
OF Commerce in New York. and Manfred
Barber assistant manager OF the depart
New-York tribune., 1919-07-25

Jams: Freernsn Curtis deputy COVER
nor ana general counsel OF the Federal
Neservc Bank of New York. will sever
New-York tribune., 1919-07-25
Breadth of the Market

Breadth of the Market
The trading list comprised 309 diff
ferent stocks, compared with 298 the
day before. Dealings approximated
1,650,O0O shares
New-York tribune., 1919-07-25

G. Selmcr Fougner has been appointed
as director OF publicity In charge OF the
treasury savings campaign by the gov
eminent loan organization here
New-York tribune., 1919-07-25
Bank of England-LONDON Ju)v

Bank of England-LONDON, July "a.
The Bank of England reported de-
crease in gold holdings Of s373,14O.
The proportion Of reserves to liabil-
tiles stood at 1857 per cent, against
20.54 per cent week ago. The state
ment, with the changes from a week
600 fo11ourc,