davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-06-08

shipped to New York from this Cana
dian reserve. After we entered the
war and the United States government
adopted liberal credit policy toward
all of the Allies the gold shipments
ceased. But the gold produced in the
South African fields continued to be
shipped to Canada where it has stead
lily accumulated.
A banker in close touch with thesit-
uation said last week that while official
Information on that point was lack
ing it was safe to assume that the
British government had adopted a
policy of paying a portion of it's cur
rent obligations in gold. How much Of
the metal England could spare at this
time depended, of course, he said,
upon the extent Of her reserves.
New-York tribune., 1919-06-08
Regular Declarations
Wall Street Items

II q Langeau, aa,istant selling agent OF
ths American tynolicn Company. has been
sDpo4nted arSoe iale seIlinx nG-ni OF that
couyerYi. and e l. Dane prcsident OF tn.
Arneriran WDoiiNn frooucts Company. was
spDotnted an an2istant Yelling agcnt
Innbrie Ii co. .nayc purehasea sDoo o0o
hTsf uforfgsge Drr cent srriaI bonds Of
the sos'in- 5cnuiot Company. Ynanufat,t ur-
srs os c0rnfnerciaI chemicals extraeted
frDrr DybsD1 pets ~ packing houses The
b1rds' mmture in from. ono 10 fsn yrsrn
1zGidsnx per cent
Jonn Il brandon nas resigned from
Eutz+r. Eoflck t Co. w1th wI1oYp he Y.as
n%*n assoclatsd an manager of their sse.y
Yors OH ce for many yearn and win <utnr
D1firses# Tor himself very shortly.
New-York tribune., 1919-06-08
Market Opinion
Smelling Stocks

The stocks of smelling companies,
especially those Of United States Smelt-
ing and American Smelling and Rein
ing, ere selling at moderate prices, as
compared with other industrials. These
companies, too, have the substantial ad
vantage Of the earnings derived from
the high prices of silver. They have
the further advantage that, because of
the gradual pacihcation Of Mexico,
their operations are pretty steadily eX-
panding. Furtherm ore, smelling charges,
although they vary somewhat in pro-
portion to metal prices never fall to
the point where they wipe out profits
even for short period of time The
common stocks of these companies look
like good trading purchases on all re-
actions and the preferred issues are in
vestment.-gVrenn Bros. C Co.
New-York tribune., 1919-06-08
REarllarian Oil ;
Fields Hurt bv
Export Troubles
Financial Bltreaa.

Special Correspondence
LIVERPOOL, May 20-Adequately
to describe the present situation of
the Rumanian oil fields it is necessary
to go back to November. 1916, when the
partial destruction of refineries and oil
wells was accomplished by mission
sent by the British for that purpose.
The principal oil companies in Ru-
mania are the Romano Americana
(American), Steaua Romano (German),
Consolidated Oilfields (British) and
Astra Romano Outch). The last
named is the most important, and
among its shareholders are both BRIT
lsh and French. Owing to the rapid
advance of the Germans in 1916 there
was insufficient time to completely de-
stroy the oil wells and stored oil or
It's products, but in the cases of the
Consolidated Oilfelds and Astra Ro-
mana the damage done was enormous.
An immense amount of oil and products
was thus prevented from falling INTO
the enemy's hands.
1t was only natural that the German
owned companies should have been
halt-hearted in assisting this destruc-
ton; in their cases the damage done
was smaller, but it is difficult TO under
stand why the German-owned electric
power installation at Camp;na was not
wrecked, as it provides electricity for
working and lighting purposes at Mo-
reni, Bana, Baicoiu and other places
many miles distant This installation
was IN working order again one month
after the German occupation On the
arrival Of the enemy at the oil fields
steps were at once taken by them to
repair the damage done Machinery
was procured from Germany and fresh
wells were sunk. Thus when the ar
mlstlce was declared much oil had been
removed and many wells were working;
these were left untouched by the re-
treating enemy.
On acceptance of the terms Of the
armlstice the RuManian government
proceeded to appoint military directors
over all the companies with a view 20
finding out which were owned by the
enemy. and those so owned were Sc
questered. At first it was the inten-
tion of the Rumanian government TO
sequester all neutral companies in the
constitution OF which an enemy subject
had taken part even before war VAS
thought Of. This, however, proved TO
be bad in law, and sequestration was
withdrawn, but the military directors
remain, and with their staff are some
directors highly paid by the companies
concerned
The fate of the foreign owned oil
fields would appear to he in the bal
ance owing TO The difficulties Of ex-
port
New-York tribune., 1919-06-08
Chandler Dividend

Chandler Motors common stock JUS
titled its recent rise from a dividend
standpoint by the declaration of the
directors Of So quarterly dividend
after the close of Saturdays market.
This puts the stock on a SIG dividend
basis, compared with the previous S12
rate. The company announced that it
was in a very strong cash position,
having on hand cash and government
securities amounting to S4,500,0 900. Di-
rectors expect the business this year
to be the largest on record. Plans
call for an even greater output next
year.
New-York tribune., 1919-06-08
The Markets
Stock Movement

In a comparatively quiet session
stocks again moved irregularly and the
level of general prices at the end of
the day was practically unchanged.
There was proft-taking in some parts
OF the list. American Woolen fell
from 1l77s to 113, but closed with only
a fractional decline. Among the
larger advances were points in At
lantic Gulf e. West Indies, 5A in
American international Corporation,
57s in Barrett Company, in Brook
lyn Rapid Transit, AS in Fisher Body
Corporation, and 5M in United Fruit.
United States Rubber common, at
120as, achieved another new high price
for the year. The average price of
thirty industrial stocks closed at the
highest figure in their history.
New-York tribune., 1919-06-08
Less Secure I.

The situation is now .unquestionably
less secure than it has been. The rise
in prices, which began some time since
under the stimulus Of investment buy
ing, carrying advances to a point where
the general public became interested
and finally rushed in, creating a gen
eral speculation for the rise, has now
changed its character and is being car
ried forward almost altogether on the
speculative influence in which all arts
of manipulation permitted are being
used.--J- S. Buche Dc Co.
New-York tribune., 1919-06-08
DISCRIMINATION"

Europe, and for that matter the rest
Of the world, is going to buy enormous
quantities Of our products after the
peace treaty is signed Some day the
pendulum will swing the other way
and the stock market will react. While
the present movement continues, we sug-
gest discrimination.-An ndcrson, Bruins
d Co.
New-York tribune., 1919-06-08
Ideas on Money

The sharp reaction following the
warning note sounded by the Federal
Reserve Board against excessive spec
ulation served to put q temporary halt
on over-enthusiastic buying, hut in
some quarters 1t 10 feared that tho
adnonition was not taken seriously
enough Many issues no rudcly shaken
ny the decline haye renewed their ad-
vance with most Of their former Vi
oiencs. The public appears TO have
taken the Ncw that money viii con-
tinus around the current ratS owing
New-York tribune., 1919-06-08
Merchants Bank of Canada
Earned Sl.383,OOO in Year

Business men need not fear the out
come of the adjustment from war to
peace in the opinion of the Merchants
Bank of Canada, which held it's annual
meeting recently. For the year ended
April 80 the bank reported net profits
of $685. 900, compared with 81 ,236, 900
for the preceding year. During the
year dividends were increased from 10
to II per cent, note circulation gained
$1,oOO,OOO to $13,316,O00, and deposits
increased from S76,oOO,o0O to S92,-
100000.
Provision was made at the annual
meeting FOR increasing the banks cap
ital from $lO,G0OOO Otto $4,000 900.
New-York tribune., 1919-06-08
Hudson & Manhattan
Bond Issue improved

TRENTON, N. j.. June 1.-THE State
Board of Public tilities has approved
of the application of the Hudson and
Manhattan Railroad for authority to
issue Sl,036000 first lien and refund
ing mortgage bonds, payable February
l, 1857, and secured by first lien and
refunding mortgage Of 5000, 900 upon
property OF the company, which wns
executed by 1T on February 1. 1919
to the Central Trust Company, of New
York, as trustee.
New-York tribune., 1919-06-08
The Dollar in Foreign EXCHANGE

Although the Brit ish government
resumed the shipment OF gold to New
York from OF tawa last week after
lapse of more than two years. the
fresh influx Of the metal amounting
to S12,000,0OO did not affect the sterl-
ing exchange market much and rates
continued to decline, getting down to
around $4. &c a pound oward the
there was slight recovery. While no
official statement was made REGARDING,
the beginning of gold shipments from
Ottawa 1t is understood that consider
ably more than S500OOOOO will come
to New York on British account, prob
ably in main the output of the South
African mines The gold is ching used
to help pay the adverse British bal
ance.
Other exchanges were fairly steady
on comparatively small amount of
business. A dull market for exchange
is generally looked fc. until after the
peace treaties have been signed and
more normal condition prevails in
the international trade channels.
If you calculate the cost of the dol
lar in terms Of foreign money at cur
rent exchange value-thnt is, if YOU
were buying dollars with pounds.
marks or francs-its value at the close
of last week, as compared whit year
ago, would be about as follows:
New-York tribune., 1919-06-08
Let Others Do II

The public's buying power is still
very great, and the result may not i'm
probably be further jacking up Of
prices, but, at least so far as the indus
trials are concerned, this is not mar
ket which we should care to go in and
buy. We should be perfectly willing
to leave what remains to the other fell
low.---Odd Lot Reriew.
New-York tribune., 1919-06-08
Aluminium Shoe To Be
Made by Rochester Firm

man at Rochester, N. Y. has
formed a company with $4,000 capital
TO make aluminium shoes The bottom
vamp and foxing Of the shoes are made
OF sheet aluminium. There is a fianpe
on the bottom by which an outsoc
OF aluminium may be attached to the
shoes. Also there is Il plate for Mt
taching heel Of leather or rubber.
New-York tribune., 1919-06-08
Divid end s
Extras
d,rnsSelIi Chnnica1

t,rasseli Chemical Company-p.xfra
dividend of 4 If per cent has been de-
ciaTed on the common stock. in addition to
ms IsKui@r Quarterly dividends OF y per
cent on tne common and IL per cent on
me preferred stocks, all payable June 30
70 Hlockhnlders Of record Jure Ia
New-York tribune., 1919-06-08
Canadian Banks Not Closed

The New York Agency of the Union
Bank of Canada has received the fol-
lowing telegram from it's head office in
Winnipeg, Canada:
Contradict statement in New York
Times of June that all banks in Win
nipeg, Manitoba, are closed owing to
strike. Banks have never been closed
and are doing business as usual.
New-York tribune., 1919-06-08
a altf1-Ma ark -Investments

to the plethora of funds in the in
terror, and that the surplus from the
West and South will be quickly at
tracted here in the event Of sharp
rise in the local money markedly. j.
Welludn &: Co.
New-York tribune., 1919-06-08
New Fire Device Invented

An slectric device 10 start the motors
of automobile fire appaYa4us when
alarms are received 10 ths idea of an
Ohio 2avsntor.
New-York tribune., 1919-06-08
Money and Credit

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days:
New-York tribune., 1919-06-08
Technical School for Venice

Venice has planned technical schoo
to teach boys various arts and handi
crafts.
New-York tribune., 1919-06-08
Livestock, Meais, Provisions

Yesterday \ ycas aso.
Live steers fair to
prime 100 III Si2.50G a i5 90 sit. 20 q ..So
Dressed beef sides,
lb. .......... .l.@ 81 .ss@.9s's
Live vcals. COM
mon TO prime
100 lb. ..... I5.oo@1s.oo 4se@I7.oo
Dressed veals.
city. III. .... .2f0 % SOC -25ie
Live ewes. 100 Id 1900 1850 g.G0T iioV
Dressed mutton.
10 ...~,.,.:~ .I5@ go .eo@ %
Dressed lambs
city. ih.. .30@ S5 .$aa 81
Hoss. 100 lb.... so.50@si.o0 Ease 1879
Live lambs iair
TO prime. 100
ID. ......... 1000 a ZOO eeo0Sf ---~
bacon. ih -. .esat q .2s,. .esaa@ .es
Moss beef. bhl.. $4,000 $3.50 S3.0oG Sa-vg
Mess pork. bbi. . 57.0O@5s.50 47.o0@ tS.Oo
Lard Midwest,
100 lb. ...... SA.40@SA.50 2A.00@sa.ll
New-York tribune., 1919-06-08

The Federal Reserve Bank of New
York has put in force the following
schedule of rcdiscount rates, which
apply to bankers acceptances: Matuli-
ties up to Is days, per cent; Is to 60
days, inclusive, AZ per cent; 81 to 90
days, inclusive, Az per cent
New-York tribune., 1919-06-08

Following are the official rates
quoted by the American Relief Admin
istration on exchange against the coun-
tries on which it has supervision over
all dealings:
New-York tribune., 1919-06-08
Bank Clearings.-Bank clearings yes,

Silver.-London, 597sd; New York,
$l.o9%; Mexican dollars, s4@ssc.
Sub-Treasury. - The Sub-Treasury
lost S5,O66,000 TO the banks on Friday.
Bank Acceptances.-Rates were un-
changed yesterday as follows:
Thirty Sixty Ninety
spot de days. days. days.
livery: Per cent Per cent Per cent
Eligible a
member
banks .-.45s ga 414@44s As @44
Eligible
non-mem-
ber banks. .4a@4 4h@4I4 43a@44s
Ineligible
bank hills.5M@4la 5I4@4h 5I4@4a4
For delivery within thirty days:
Per cent
Eligible member banks Ais
Eligible non-membcr banks -. 4La
New-York tribune., 1919-06-08
Standard Adds to Holdings

The Sun Company, Standard OIL
subsidiary, is gradually adding TO its
lease holdings in the Central West
Texas fields. 1t is paving the way to
become one of the biggest operators in
the state. 1t is now constructing a
private telegraph line from its offices
IN Dallas to Ranger, Caddo Breckcn-
ridge and Desdemona.
Newport daily independent., 1919-01-07
IS CITED FOR BRAVERY.

The commander in chief, in the name of the president, has awarded the distinguished service cross to Private William Bryson of Decatur, Arkansas, for extraordinary heroism, and is described below:
 Pvt William Bryson, Company I, 314th Infantry GA. s. No. 2870626.) For extraordinary hesoism in action near Verdun, France, November ', 1918. Pvt. Bryson volunteered to re- connoiter an enemy trench to deter mine it's exact location, and to ascer- tain whether or not it was protected by wire. His mission was accom- plished under heavy fire, and the in- formation he obtained proved of the greatest assistance and value. Home address, Mrs. Macy Bryson, mother Decatur, Ark.
Newport daily independent., 1919-01-07
NOTICE OF SEWER TAX.

The tax books for the collection of the, special sewer tax on real proper ty in Sewer District No. 1 for the Ninth Annual Assessment to main tain and operate said sewer system, have been placed in my hands. All owners of real property lying in the district are required to pay their taxes to me on or before January 31, 1919. If such assessment is not paid, action will be commenced at the end of that time for the collection of said assessment and cost.
 Given under my hand this 26th day of December, 1918.
 L. MINOR, Collector. Sewer District No. 1, Newport, Ark.
 206d30t.
Newport daily independent., 1919-01-07
GERMANY PLANS A
 WAR WITH RUSSIA

London, Jan. 6-Germany is about to take diplomatic and military meas ures gainst the Bolshevik govern ment, says German official state men% received here by wireless today.
 Tn message says:
 ''The advance of the Bolsheviki and the presence in Berlin of M. Radek Ga Bolshevik emissary), have brought about diplomatic state of war with Russia and military state of war almost has intervened, Germany, fac ed with the necessity, not for the purpose of pleasing the entente, but for protecting her own interests, must intervene energetically by taking di- plomatic annd military measures"
Newport daily independent., 1919-01-07

Reaves, Thomas J. Doyle, B. Seago and w. S. Allen, all of Little Rock, and United States Federal Court of ficiaIs and attorneys, were guests at the Hazel hotel last night, leaving this morning for Batesville, where Federal court convened this morning. Among the cases. on docket is that of Tom Atkinson, charged with violating the draft law, in battle in Cleburne county when a band of violators were resisting arrest deputy was killed.
Newport daily independent., 1919-01-07
MRS. ANNA BATEMAN MACK.

No sadder death has occurred in our city than that of Mrs. Leon Mack, who died this morning at 7;30 from short illness of pneumonia. She had nursed her two little children with influenza, and was stricken with the dreaded disease herself and lived but few days. The little boy is recovering, but the little daughter is critically ill.
 Mrs. Mack was born in Newport in 1880, being 39 years of age. For several years she lived here with her parents, also her grandparents, the late Mr. and Mrs. Magoffin. She was a daughter of Chas. T. Bateman of our city and her mother was Miss Anna Magoffin charming girl of Newport. Her death is deeply re- gretted by her many friends, who did not know she was sick The body will be carried to Moorefield on the early morning train tomorrow and buried in the lot of the Mack family.
 MT. and Mrs. Mack moved here just few weeks ago from their country home in Oil Trough to put the child ren in school and occupied the J D. Neal home. She was a splendid wife and friend, and devoted mother and the little son and daughter will miss greatly their mothers love The Hneral service will be held at the grave at Moorefield by Rev. Verne Stover of the Episcopal church at Batesville. The husband, father and sister, Miss Emma Bateman, have the deepest sympathy of their large circle of friends in this great be- reavement.
Newport daily independent., 1919-01-07
NOTICE.

Notice is hereby given that it is violation of the laws of the city to engage in business where it is neces- sary to obtain a license to do so, un- less you first obtain such license.
 Pay your money to c. P. Randy, treasurer, who gives you receipt W hich then must be endorsed "approv- ed' by the mayor and presented to Recorder B. G. Graham for issuing license.
 Notice is hereby given that the li- cense of any person or business man will be Revoked upon information that improper or unlawful conduct is permitted on premises or in connec- tion herewith,
 c. M. ERWIN, Jan. 2. 1919. Mayor.
Newport daily independent., 1919-01-07
FEDERAL SERVICE EXAM
 NATION FEBRUARY 4TH.

On February 4th examinations will be held for the positions of chief, Smith Sears Division at .$5,000 a year; district vocational officer at S2, ,5OO-$4, ,oOO year; supervisor for advisement and training at s2,50O- $4.00O year; vocational advisor at S2, ,500-$3, ,6O0 year and replacement officer at S2,50O--$ 500 year.
 These positions are in the office of the Federal Board for Vocation Edu- cation. A part of the duties of this board are in connection with the vo- cational rehabilitation of disabled sol diers and sailors. Applicants should
Newport daily independent., 1919-01-07
SHAREHOLDERS MEETING.

The regular annual meeting of the shareholders of this bank will be held in the banking rooms of said bank on the 14th day of January, 1919.
 The First National Bank,
 Newport, Arkansas. w. T. Parish, Cashier. O4d14t 37w2
Newport daily independent., 1919-01-07
CARD OF THANKS.

In this, our sad hour, we wish to assure the Elks Lodge, those who made such beautiful floral offerings and other friends of the family of our appreciation for the many kindnesses shown us on the occasion of the loss of our dear son and brother. May May their lives be resplendant with gracious blessings and bare of sor- row.
 MT. and Mrs. N. B. Wishon,
 Mrs. H. l.. Keller.
 Join the Red Cross.
Newport daily independent., 1919-01-07
MEN WANTED.

We have been forced to shut down on account of shortage of labor We must have thirty men to operate. Good wages. Apply to Newport Pearl Button Go. 215d6t
Newport daily independent., 1919-01-07

Robert Matson of Memphis, who has been the guest of Charles Minor, left this afternoon for home.
Newport daily independent., 1919-01-07

at once apply for form 2118, stating the title of the examination desired, to the Civil Service Commission, Washington, D. c.
Newport daily independent., 1919-01-07

House Wanted-Must be in best part of city with all modern conven- fences. Six or seven rooms unfur- nished.-E. N. Thicksten, BIT LaTrcl St Phone 429. 214 d6t
Newport daily independent., 1919-01-07

For Rent-Nicely furnished front bed room with fireplace-31O Ash. Phone 2S2. 214d3t
Newport daily independent., 1919-01-07

If you need Comforts, we have them from $2.98 to $s.OO-Bowen's Cash Store. 2l0dot
Newport daily independent., 1919-01-07
CUT THIS OUT-IT IS WORTH
 MONEY.

Don't Miss This. Cut this slip, enclose with Sc to Foley & Co.,, '2S35 Sheffield Ave, Chicago, H., writing your name arl address clearly. You will receive in return a trial pack age containing Foley's Honey and Tar Compound, for coughs, colds and croup, Foley Kidney Pills and Foley Cathartic Walkers Phar- macy (Adv.)
 Keep your dollars at nome. Trade Tn Newport.
Newport daily independent., 1919-01-07
WEATHER.

Tonight rain; tomorrow fair and colder.
Newport daily independent., 1919-01-07
HERE AND THERE

Found d-Pair nose glasses. Call at this office. 214d2t.
Newport daily independent., 1919-01-07

For Rent-Two furnished rooms for light housekeeping. Apply Mrs. T.. B. Grant, 403 Leona St. 14dtf Mrs. Thomas ]. Walbert, Miss Cecil Walbert and Miss Virginia Walbert of Little Rock were here last night stopping at the Hazel hotel, enroute home from Batesville, where they had spent the holidays.
 See W. II. Snetser, Jr., for all kinds of electrical work Phone 80. .11d26t Mrs. James Farmer, aged 38, of Diaz, died Sunday afternoon from pneumonia annd was buried Monday afternoon at Walnut Grove. She is a daughter of Will Chisholm of Diaz and is survived by two children.
 Knox menus spoes cneap. III Wal nut street dtf. Drayage Of all kinds handled slomptiy. Phone No 10. Chester Robinson l3-dtf Charles Holmes of St. Louis is down on business and meeting his many friends, who are always glad to see him. He still represents the liquid carbonate company of St. Louis and has good business among our soda fountain men.
 WANTED Nice clean rags at the Independent office.
 Rubbers, Arctics, rain hats and raincoats. Bowen's Cash Store.
 210d6t The many friends of MT. Lyman Wheaton are glad to learn he is get ting along nicely and is thought to be improving right along. Rev. MT. Lyman Wheaton was taken very ill Saturday and his friends felt some what alarmed over him, but are glad to know that he is better.
 For Sale-Ford car in good condis tion. See Bert Snetser. 1S4dtf Judge Jacob Trieber, W. S. Allen,
  F. w Holman, W. H. Rector, E. T.