davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01
|s!|IEEL AND COMPANIONS
FEATURE SHARP DECLINE
View High Records Arc Made by
Other Spccialtics Bought
.ssss by Public.
AMERICAN CAN is LEADER
Trading ON Large. More Than Mill
lion Shares Moving Before 10
o. Clock-Sixty-Fou Stocks Gain
and 164 in Decrease.
BY BRoADAN WALL.

NEW YORK. April 3o.-Omission OF
the extra dividend on steel common
brought about sharp reaction in the
stock market today. At the opening
prices were not materially changed
from those OF yesterday, but steel i'm
mediately began 10 weaken Before
ton minutes had passed II was down
two points and it did not cease it's
reaction until it had gone down about
four points from it's previous close.
Before steel reached it's low price new
a dozen of the issues now so popular
with the general public.
American Can went to new high
record Manhattan Shirt went sailing
40 the highest point at which it ever
was traded in. Marine, common. New
England Fuel, Keystone, Z. s. Rubber.
American Steel Foundries. Ajax Tires
column. On the other hand steel was
COINED in its decline by United Cigar
Stores and Tobacco products which
ern Pacific, Sinclair. Texas Oil. Royal
Dutch. Crucible and the, Railroad
Trading on Large Scale.
Trading was on very large scale.
more than l 100000 shares having been
. traded In by o'clock. Total for the
oklay was more than 1,100,00O shares.
PThe close showed losses in 164 stocks
Ia<fd gains in sixty-two.
It is we'll known in Wall Street that
the leaders of the steel industry liqui-
dated their speculative lines of steel
stocks some time ago. They did this
4 particularly after Directer-General
Hines of the railroads had made his
stand against fixed prices for materials.
MT. Hines is blamed for most OF the
confusion in the industrial world. An
nouncement today that further ncgo-
stations would be opened had a cheer
ing effect on the stock market. The
prices were lowest and perhaps had
more to do with checking the decline
Ehat anything else.
Mart In bad Position.
But bankers insist that the mark ct
as whole was in bad technical posi-.
nion. They welcomed the reaction and
f4hink Il ought to go still further. They
(profess to be fundamentally optimistic
! and builish on the stock market.
Their fear is that the uninstructc cd
public will run away with the market
and get involved to such an extent
that n severe break will discourage all
Grading in Wall Street and cause 4
deprc sson lasting several months. Or
Rhe other hand. reaction of ten OF
so points would correct tho Technical
general trading.
The disclosure that the government
lis the owner OF about 900. 100000 wortl
of rolling stock that the various rail
roads refused to accept when assignee
to them, has tempered tho enthusiasm
of Wall Street in the railroad equip
ment companies. American Locomo
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01

Dominion OF Canada IS. Aug. |. 1919 80. go.
Flee, Auto. I.its Co. Ss, Aug Is. 1919: go. 100
HocktnE Val; Ry. col tr. IS. Mar. !. 1919 97X
Jscoo Doid Packing Co. Is. Nov is. 1870. 1909.
Jacob Dold Packing Co. IS. Nov Is. 1923. iolG
,;iEEctt d myers 6s. Dec. i. 1921 1908
Nounc LOW Co. as. Sept. ]. 1871 loii.
MoIne ptow CO: r. SEPT. /: 1879. ::....... 1olS
July l. .................... 80
procter Gamble Is. Mar. l. ly1........ 1914
rrocter Gamble IS. Mar. l. l923....... Io3H
Swiii Co Is. Aus: Is. is2i ..;::::.::. 1sS&
WcstinEhousc Electric and Manufactur-
ing IS. Feb. /. 1850. ..................... loo,G
RICHMOND STOCK MARKET.
(By Cask!e c. Burch & Coz
Richmond. Va. April a. 1919.
STATE SECURITIES. Bid. Asked.
Virginia Rs. Old G.. and R......... SSH -.
virginia Centuries ................. So& "
RAILROAD BONDS.
Scaboard Adiustncn MT 5s......... IS go
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01

under tho high level of yesterday. landing
Standing a. their lowest IS TO S polnts un:
net 9os the OF to 0 8 Sonts
Selling appeared before tho opening call
werc to 10 points up. but the distant posi-
was contInued u md ne ass me decIino
was established; This was followed by small
rccoveries. but late In the day on reports Of
easier spot situation I'm tho interior now
low levels for the day were made.
Much of the selling was prompted bv tho
CONTINUED on Eighteenth Page0
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01
tive and Baldwin as well as Car Foun-
dry reacted sharply today largely for
this reason

NEW YORK. April so-Mereantile paper.
5h@Rl7. Sterling si1ty-day bills. s46oN {:
commercial si1ty-day bills banks. 81 s2h {:
commercial s.Hty-day bills. S462N: demand
1853: cables. SA6s7s. Government bonds
steady: railroad bonds irregular. Time loans
strong: sixty days. ninety days and six
months. 81 @5N. Call money strong: ruling
rate. 5E. Bank acccptanccs. AZ.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01
COTTON MARKETS

NEW YORK. April 3o-Pronounccd weak
ness was shown In the cotton market TODAY
with extensive LIQUIDATION by Wall Street
ana western wire houses induced partially
he Ss ~, area ca OF the stanle in practically, ali
smaller than forecast by propagandists A
great many stop loss orders were eached
on the way down. There appeared to be no
change in the character OF the news from
SPOT centers other than the declining con-
tracts Heavier exports were predicted dur
Ing May The final tone was unsettled. with
new style contracts 50 to IS points net lower
Old contracts. in which trading ceased with
today,s business. closed at a net decline Of
Spot at New Orleans was steady. with
middlnE UNCHANGED at TIA cents. The sales
were 2.479 bales. Spot here was quiet at n
decline or % points at s9l5 cents There
Receipts at the ports for the day wcrc
=; .oi bales. while exports totaled H.272 bales
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-01
NEW YORK BOND MARKET


tBy National City Co.. Richmond Ofhccl
Am. Tel. and Tel. conv. 6S.....-.......... 1891
Am. Tel and Tel. dtb. 6s....--...-..,....,. lO0it
American Thread 6s.........................l OlSi
Anaconda COPPER Co. Observation-Disclosures. 99$;
Atlantic Coast Line LIST 4s.................. Sc
British Sis u93D Observation-Disclosures. 99i1
Canadi an Pacific 5s. ....-..........-...-.--. 1Ol
Central ARGENTINE Gs........................ 90
Chesapeake and Ohio cow. Ss............. SIS
Chicago Great Western 4s.................. GIL
Chicago Northwestern Observation-Disclosures. g9A
Cleveland Electric Illuminating 6s.... 81.
Chi, Mil and st. Paul 4hs................ Coz
Cuban Government Observation-Disclosures 81
Federal Farm Loan Observation-Disclosures. 1904
Federal Farm Loan Observation-Disclosures. 1o4
ILL., Cent. Railway coll. trust 5hs....... ?6T
lntcrbOrough Rapid Transit SIS. ....... 6sa
Int. Mercantile Marine 6s.................. 997
LchiEh Valley 1928
lorillard IS ACKNOWLEDGEMENTS. %
Pennsylvania Railway gen ss............ 9Si
Scahoard Air Line adj aS.............. 4sa
Scaboard Air Line ref 4s................. 81,
Scahoard Air Line cons. 6s................. 81
Southern Rell Telephone 6s............... 81
southern Pacific cow SS................... 1o6'
| Ss0thern Railway is ................ 6S
Union Pacific IS. ACKNOWLEDGEMENTS. 10s
United States Rubber Observation-Disclosures. I03
' United States Steel s (. 5s.............. 100
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
PERMITS FROM PROPERTY OWNERS
ALONG THE TECHE.

The subjoined communication speaks
for itself:
May 9th, 1919
Editor Enterprise:
"As you are aware the last River and
Harbor Act carried an appropriation Of
$100,000-00 for Bayou Teche, which is me
initial appropriation for total expendi-
ture of 1915, 10000 for this improvement
The bill provides fer channel eight feet
deep by eighty feet wide on the bottom,
from the mouth of the stream to New
Iberia, and channel six feet deep BY
sixty feet wide on the bottom from Me-
Iberia to Keystone Locks. It also pro-
vides for turning basins 200 feet wide nv
400 feet long at franklin, Jeanerette aud
New Iberia and turning basin $50 feet
wide by 300 feet long at Loreauville. l.
further provides that land necessary for
the above turning basins and dumping
places along the banks for the dredged
material shall be furnished by interested
parties, free of cost to the Government.
We are advised by the District Enci-
neer that he desires to commence this
work as soon as practicable, starting Al
the lower end of the stream where the
depth is less than eight feet, and work
up stream, but before doing SO, dump
ing privileges must be secured from
property owners along the banks, Gree
of cost to the United States. He ex-
plains that it is desirable to use the
hydraulic method in the wide portion Of
the stream and it is for the discharged
material from hydraulic dredges that per-
mits from property owners must be &C
quired.
I am writing you at length explaining
the matter with the hopes that you will
refer to the project in your papers and
will work up a sentiment among the
land owners along the Teche in favor Of
granting the Government the privilege Of
permitting it to discharge the hydraulic
dredged material on their lands, which
privileges, however, will only be re-
quired on the lower end or wide portion
of the stream. The discharged material
is nearly all silt and makes the finest
kind of fertilizer, and such will hand
somely pay the property owners for whit
little Inconvenience and depositing Of it
may occasion. This il particularly true
At this time when commercial fertilizer is
80 high in price.
Solicitors vii, shortly be sent out to
see the property owners for the purpose
Of getting the dumping privileges re-
ferred to, and for this reason I trust you
will give the matter publicity in yoar
next issue"
Thanking you in advance for your as
sistance, am,
Yours very truly,
H. B. HEWES,
President, Teche Improvement Assn.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
TOURISTS GUIDE POST.

This is the opportune time to conside,
the advisibility Of placing guide posts a
road functions throughout this Parish ia
enable tourists and travellers to 20 from,
one point to smother in the Parish with
ont being required to stop and inquire d
to the proper road to take.
The layout Of our Parish roads in some
sections are peculiarly confusing, owing
to the roads in many instances following
the devious course Of the Bayou Teche
and other streams, and in many instau-
ces the tourist has great difficulty in
reaching his destination, often going
many miles out Of his way.
Il would seem advisable for the Police
Jury and Highway Department to agree
upon . standard guide post Of good COM
struction, pleasing dssisn and particularly
should this guide post Be erected in !
substantial manner 20 that II vii at al
times b in proper position.
We are moving along the right way in
regard to good roads, and it l. hoped
that the above suggestion will be given
consideration by the Parish and Highway
authorities.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
EN- RECONNAISSANCE DE
SERVICES.

Loreauville, Line, &c 70 Mai, 1919.
Nous avous etc agreablement entretenu
par les exercices 81 bien rendus notse
ecols de haute instruction, situee Lo-
reauville, on Les parents, amis ct connais-
sancss s'etaient assemblies dams le but
dapprecier cette tache bien accomplie
an service de Penseignement.
Au point de vue de progress, il est
evident que lie temps ATTACKS poeuvre de
cette instruction nous semble avoir etc
bien applique, tel que nous avions
pespoir en- serait le resultat. Les trois
graudees, jeunes files, doivent etre feres
d'aveir 81 bien interprete chacune d'elles
leufs Gierentes questions an sujut De
propos bien serieux dn jour: Ia Ligue ,dt.
Nations; le droit de suffrage aux femmes;
le Retur du Soldat anime d'undevoi:
bien remplit apres I'M bon service rendu.
L. besoin de petude Sc fait sentir de
plus en- plus, 81 ellie est bien dirigee ellie
ne peut manguer que detre fructueuse.
Nous sommes heuTeux de poceasion
qui nous . etc fourni ain de pouvoir ca
dire autant, tout en- prenant le plaisir
dexpsimir notre satisfaction. Sans doute
aves cetts pensee que lie sujet vous sers
aussi agreeable = tons quill est = nous.
Csst une reconnaissance que Pom peut
prendre plaissir d'accorder nos devoues
serviteurs. Ii preuve en- est. que par
pestime ct Ii confanee qui doit suivre
de cette bonnie appli-
cation, mise en- pratique, en- vaut bien Ia
peine d'etre apprecies. Service recu,
service rendu.
Parents, amis ct connaissances.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
STRONG EVIDENCE.


Is the Statemenk Of. This New iberia
Woman.
Baekaehe is often kidney ache;
A common warning Of serious kidney
ills.
"A Stitch in Time Saves Nine
Don't delay-pse Doan's Kidney Pills
Profit BY the experience of Mrs. J. NJ
Perry, 122 Ttsnc1 St. She says: "My
back used to 4crnknt me almost constant
" and often timeS. Il twitched with pain.
/ couldn't rest comfortably and sharp
pains darted thrdngh my body. I was
often weak and nervous and the least
disturbance made me excited. I ALWAYS
read great deal of: Doan's Kidney Pills,
so got supply II Taylors drug sto.e.
They brought me quick relief and have
had very little trouble since. take
Doan's Kidney Fills At regular Intervals
and they keep my kidneys WELL"
Price 60c, ct all dealers. Don't sim
ply ask for kidney remedy-eet Doans
Kidney Pills--fAss same that Mrs. Perry
had. Foster Mfiburn Co, Mfgrs., Buffalo,
New York.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
PARISH GRAVEL ROADS MAY
HAVE SETBACK.

A decision rendered by the Suprem:
Court of Louisiana this week in al
probability will cause a general set bach
in all road work in the State unless an
early special session Of the Legislature
is called and an amendment to the Con,
stitution carried so that bond buyers will
tax over the bonds as issued by the re-
| spective Parishes. According to the
Court decision it is illegal to issue bonds
for mere than five years for road pur-
poses and it should not exceed five mills
on he assessed value
This very probably will effect all road
building in the Parish of Iberia which is
deplorable, especially when the public
highways of the Parish to a great ex-
tent is impossible. It might be that the
Legislature has such power to make a
law retroactive, in that case the taxpayers
of the Parish will not be compelled 20
have the same elections for special taxes
held again. This is one of the most dis
tressing Court decisions we have had for
many years and in all probability will set
US back again for another year. We
trust the decision will be so construed
that the bond buyers will take the bonds
anyway so that road construction asI
planned by our Police Jury can 60 along
without any further interruption.
The special from Baton Rouge relative
to decision of the Supreme Court read as
follows:
"The decisions were in two cases, Ire
ment Lumber Company VS.. Parish of
VIM, and Hayne VS.. Assessor. Both
cases were on rehearing, so there is no
chance to have them changed or modified.
The attorneys point out that is is i'm
possible to issue any bond that will hot
require tax for more than five years
and in almost all cases the tax will be !
over five mills.
To strengthen their arguments, Ora
ham & Martin and Word & Oakley off
Chicago sent two quoted letters received
from John c. Thompson Of New York,
one of the leading bond authorities, that
he will not be able to approve any par
ish or road district bonds until fully sat
isfied as to the cases decided in the Sd
preme Court.
The attorneys said that as conditions
now stand, every road bond issued n |
the state since 1912 is in peril because
almost every bond is more than five
mills for more than FIVE years. These
bonds depend for the payment of their
principal and interest on tax levied
each year and if the tax is uncollectable, |
there must be default in the payment
Of principal and interest. Under these
for the good name of the
state and its credit, they assert defallt
in these bonds must be avoided by all
means"
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
CHAMBER OF COMMERCE Or
GANIZATION.

Notwithstanding the fact that TIL
committees created by the temporary
board of the New Iberia Chamber :.
Commerce to canvas the City for dona-
tions and memberships have met with
some rebuffs, it was the sense of the
the board last Tuesday that the organi-
zation be perfected on June 18th. While
many of the more enthusiastic members
thought by this time the $5,0O000 should
have been raised, the fact that subscrip-
tons, through donations alone, amount
to $2,414.50 is a very good showing and
the committees on subscription intend to
let nothing deter them from reaching
their goal. On the night of June 18th it
is the intention to hold mass meeting
when we will have with us two gentle
men from Lake Charles, Mr.. Bayliss, the
manager of the Lake Charles Chamber
of Commerce and Mr.. Jacobs the treas
urer. They will address the citizens and
point out to them the great need of a
civic organization such as the progressive
citizens here mean to organize.
It will be remembered before proceed
ing with the canvas of the citizens, the
City was sub divided in six districts ari
committees sent out to interview the pep
pie In the first precinct $4,000 was
cheerfully subscribed by those ap-
preached; the second gave $505.00; third,
fourth $4,000; fifth $173.co,
sixth, $435.oO. This is not poor show
ing, when taken into consideration such
a small number of people canvassed.
New Iberia must have live Chamber
of Commerce if we ever hope to see al
changed condition here. The people as a
whole owe it to themselves to help this
body of men who are not only willing
to subscribe literally for cause Of this
kind, but also willing to give of their
own valuable time. It is only through
an organization managed in business
way that we can ever hope to see real
pervade this community. 1n-l
dusries can be brought here if we have
an organization backed by the entire
populace banded together to offer induce
ments to capitalists to locate with US aud
build factories. OF course it will be nee
essary after we have real practical man
ager that one and all lend aid towards |
offering inducements to get enterprises |
10 come to New Iberia. There are many
things a live Chamber Of Commerce can
10 that will be Of benefit to the entire |
community. Many problems Of interest
10 the people as for instance, equal taxa
ion, adjustment of fire insurance rates, |
probable changing of City Charter. to /!
'ome other form of government requir-
ng less taxation and better roads. !
There are many problems that cornell
Up daily that could be adjusted readily
+ we had a representative organization
where citizen could 90 and ask for an
adjustment. The influence of body of
his kind could be felt in more ways
han one to say nothing of the great good |
hat could be accomplished by making |
cal boosters out Of our citizens.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

On Monday, June 9th at five o'clock
the Protestant Cemetery Association hold
their regular meeting at which time the
annual election (Which was deferred BY
inclement weather. will take place. 1t
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

FOR SALE.-At q sacrifice, residence
at AS Robertson St. Cash or easy terms.
Apply at $50 Hopkins Street. It
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

Build now, thrift turns savings
into a ome.-Bertrand Lumber
Co.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31
-NAZINOVA IN
"THe REQ LANTERN"

Elks Theatre, Wednesday and THURSDAY
June 4th and 5th
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

is very necessary that representative
number of interested members should be
present.
M. L. POMEROY, Secty.
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

The subjoined communication speak
for itself:
New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-05-31

Parents, amis ct connaissanceA
The diamond drill., 1919-04-26
AMASA DEPARTMENT

A number OF young ladies enjoyed
party in the Finn hall Friday. All
report a good time.
Egnoc Paljok went to Palatka last
week to buy COW.
Gust Isaacson went TO Crystal
Falls TO get his car last week.
The Amasa Hotel will soon be fin
lshed and II is expected that 1t will
be ready for boarders soon.
Antonio Becigo started to work last
Monday in his shoe shop.
Emil Kallman purchased Gibson's
Ford last week.
Malvin Drage went to Crystal Falls
last Sunday.
Frank Dallador, Joseph LeGault,
Louis Blomquist and Atli Berg motor
ed to Crystal Falls Monday.
George Premo has sent home a Ger
men sword, some French silk and
German insignia and belt from
France.
George Matthews is oyerhauling his
Hupmobile and will soon take it out.
Ben Smithson has been digging a
ditch near the Amasa hotel for the
hydrant pipes.
An Easter program was held at the
Methodist church, Sunday evening.
The program was furnished by the
Sunday school children and talk
was given by William Novels. The
program was well attended and all
enjoyed the talk, music and recita-
tions.
The diamond drill., 1919-04-26
AMASA SCHOOL NOTES.

Miss Bernice Marks spent the East
er holidays at Alpha visiting relatives,
She returned Sunday with Mrs.
Schoffman, Dave and Irene Schoff-
man.
Miss Leone Lampert has returned
after spending her Easter vacation at
her home in Neenah, Wisconsin.
Miss Gladys Waggoner returned on
Monday, after spending her vacation
at her home in Green Bay, Wisconsin
Monday afternoon the Misses Lillian
oliver and Jennie Hurja returned
from Crystal Falls. They spent their
vacation at the latter's home.
Miss Alice Dover returned Mon
day from her home in Republic where
she spent her Easter vacation.
Miss Tyyne Thompson went to Crys-
lal rams luehudy
Miss Hazel Burge spent her Easter
vacation at Alpha, with her brother,
Ray Burge.
Miss Jean Burge. Amber Burge, Mr.
and Mrs, Novels motored to Alpha
Saturday, returning the same day
Mr.. and Mrs. Ray Burge and family
spent Sunday here at the home OF the
formers parents.
The Misses Bernice Rowe, Hilga
Blomquist and Josephin Thomas at
tended the Easter ball which was
given at Crystal Falls on Monday last
The Sixth grade regret to lose two
Of their classmates. Marie and Ray
mond Leneau. who expect to leave
Amasa this week for their new home
at Hermansvlle, Michigan
Several boz scouts took pictures last
Sunday how to manage compass
Many interesting details were given
by him, after which he read a story
which all the boys liked.
The diamond drill., 1919-04-26

Christian Science Society, OF Iron
wood, Michigan, announces a Free
Lecture on Christian Science by DR..
Walton Hubbard, G. s. b., member of
the board OF lectureshlp OF the moth
or church, the First Church OF Christ
scientist, Boston. Mass, Thursday,
May 1. Sis D. m, Walo Hall, 217 r.
Aurora street. The public is cordial
ly invited TO be present.