davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-06-03
The Cheap Rails

The "long pull" stocks, especially
the cheap railroad stocks which are
expected TO be worth good deal some
day, which appreciate slowly over
series Of years and independently of
bull and bear markets. and which
meanwhile pay no dividends, ought
reasonably to be great favorites these
days with the poor-rich income tax
payer. There is no dividend income
60 be taxed, and the kind of profit
expected is not the kind that will come
all in week or a month, leaving the
income taxpayer with the problem of
whether he should take his profits and
acquire tax charge now or wait
until later.
New-York tribune., 1919-06-03
Cossard Co. to Retire Stock

Directors of the II. w. Gossard Com
pany, Inc. have adopted a resolu
ton to purchase and retire on
August |, next, the $500 shares Of
preferred stock outstanding at a price
of s1O2.5O share. plus the dividend
Of IA per cent due on that date.
Holders must deposit their shares with
the treasurer of the company prior to
August /. after which date no dividend
will accrue on the issue.
New-York tribune., 1919-06-03
Dividends S
Extras

Extras
La Belle Iron Works Extra dividend
OF / per cent has been declared in addi-
tion to the regular quarterly dividends
Of . per cent on the preferred and per
cent on the common stocks. All payable
June III to stockholders of record June
so.
Mason Tire and Rubber Company-An
extra dividend OF 10 per cent has been
declared, payable July Is to stockholders
of record June 10.
Texas and Pacific Coal Oil COMPANY
Extra dividend OF ~ per cent in ad
dition to the regular quarterly OF -.
per cent, both payable June so to stock
holders of record June IS.
New-York tribune., 1919-06-03
Abbott Returning From China

j. j. Abbott. the Chicago banker,
who went to China early in the year
to look over the ground there for the
American banking group, which will
participate in the -Four Power loan
to be made to the Chinese government
is now en- route to the United States.
On his arrival Mr. Abbot will confer
with the bankers and report his find
New-York tribune., 1919-06-03
Foreign Sales of Locomotives

The American Locomotive Company
reported yesterday the closing of con-
tracts for ten locomotives for Nigeria
and twelve for Corea
The locomotives for Corea Will be
built for the Corea governments and
will be the Mikado type, weighing
POS, 900 pounds each
New-York tribune., 1919-06-03

development of this corporations ac
tivities embrace every form of acces
sories on a large scale, beyond any
previous attempt, has already advanced
20 2O7, and will further advance ii
nothing unlocked for interfcres to
four or five times these figures. Three
years ago this stock advanced to $50,
then considered an extraordinary price;
yet now, with the increase of capitali
zation five additional shares for one.
the price represents, at 207, 1885 as
against 850.--Chandler Bros. e. Co.
New-York tribune., 1919-06-03
The Dollar in Foreign Exchange

Exchange moved against London and
in favor of Paris in yesterdays market.
The rate for demand sterling was
$4.62A and for cables $4.63ls The
French rate was 631 francs to the dol
lar for checks and SO for cables
Italian exchange was fairly steady.
Only light volume of business was
done in the neutral exchanges, with the
tone generally steady.
Closing rates yesterday compared
with a week ago as follows:
New-York tribune., 1919-06-03
General Motors

General Motors, TO which we called
Hoccial attention Mt 1870, under the
very constructive leadership Of the
Duponts, whose plans for the further
New-York tribune., 1919-06-03
Money and Credit

Shortly after 8 o'clock yesterday
afternoon about $l,OO0,00O was loaned
at 10 per cent, the highest rate for
call loans achieved in several years.
At the close of the stock market some
industrial loans had been made at 8
per cent, though mixed collateral loans
still were at the ruling rate Of per
cent. at which loans were opened and
renewed.
Time funds were offered in limited
amounts at 5% per cent for sixty and
ninety days, and some loans have been
made at this rate in all industrial
collateral. Mixed money is offered at
5a per cent. with little lending.
The ruling rates for money ycstcr-
day, compared with a year ago, were
as follows:
Yesterday. ear ago.
Per cent. Per cent.
New-York tribune., 1919-06-03
Rates Near the Checking Point

Perhaps the main reason for caution
is the cact that rates for call loans
secured by industrial collateral can
liquidation. On the other hand, the
activity of the spring trade is now
greater than ever before, ard the feel
ing Of optimism is more widespread
Wrenn Bros e Co.
New-York tribune., 1919-06-03

port showed the following combined
income account of earnings derived
from the operations of the American,
Red Star, White Star, Atlantic Trans
port and Dominion Lines, together with
dividends received from the Frederick
Leyland Company, Ltd, and other
partly owned companies:
1915 1917
Gross earnings. e. 1880, t51 1868 1904 2oS
Mlsce!. increase. 4,516, ,985 9,641 546
Total ~. ..... .$34. 1858 1853 S51. .t45, ,754
Oper: exp and taxes. t8,e38.054 32,871 453
Fixed charges. s... 2,7S9,762 2,798.316
Profit :...... S12. 2.e4o, ,537 s15.475, ,es5
5. 5. depreciation 3,3o1.511 3,722.476
Surplus .......... $9,63e,o 1,7s3, ,5oe
*Aftcr providing for British excess profits
duty.
The consolidated balance sheet as of
December 81, last, showed working
capital on that date of $36,OO5,S79, of
which $18,443,555 was in cash. The
amount paid in taxes and excess profits
duty in 1913 was $15,6S4,632
The list of the company's share
holders on May II disclosed the Amer
lean International Corporation to be
the largest holder Of the preferred
stock with S2,745 shares. Frank A
Vanderlip, president of the National
City Bank. and member of the Inte.na
tional Mercantile Marine Board and
Finance Committee, was down for one
share of the preferred. A majority OF
the holdings were speculative, as was
evidenced by the large amount of both
the common and preferred in the
names of Stock Exchange firms
New-York tribune., 1919-06-03
The Motor Group

There has been probably no more
remarkable exhibition in all the present
market than that afforded by the motor
shares. With the exception of General
Motors, not a single stock in the group
has had a sharp reaction, yet the ad-
vances in this group have been more
spectacular than any other in the list
Even the oil shares met reaction a few
weeks ago. The optimism surrounding
the motor shares has both a positive
and a negative basis While the unre-
acting advances of the past few months
may be thought by few to have
created dangerous Technical stua-
ton" it is known that the rises in
these shares have also attracted a
heavy short interest. Moreover, all
during 1917 and good part of 1919
the motors were the worst sufferers.
During that period it is believed that
the "weak hoders," attracted during
the boom Of 1916, were shaken out and
the shares fell into the hands of rich
holders and banks. Among the positive
factors in the present outlook has been
the accumulated demand built UP dur
ing the war period and still unsatistied
and the expected demand from the
farming districts when the farmers are
paid S225 a bushel for their unprece-
dented wheat crop.
New-York tribune., 1919-06-03

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., 1919-06-03
Market Opinion
Why Loans Are Not High

1t is largely because the prices of
the classes of stocks that usually count
most in loans to brokers have not ad-
vanccd much that these loans are not
now dangerously high.
Liberty bonds now constitute one
third or onc-fourth Of all Wall Street
banking ollateral.-~Goodbody e Go.
New-York tribune., 1919-06-03
Psychology

Psychology is playing an extraordi
nary part in the present security mar
ket.-~Hcnry ClcWs e Co.
New-York tribune., 1919-06-03

pity from America" Herr Nathan con-
cluded, "but it is too late to talk Of
American financial help no Sit is only
a mockery."
New-York tribune., 1919-06-03
A Premium for the Victories

The new Victory 4a4 per cents sold
for the first time on the Stock Ex-
change yesterday above par. The
highest figure was 10000. The buying
which sustains the price is thought to
come from applicants for the notes
who had their allotments scaled down
by the government. The 3a4 per cents,
the fully tax-exempt securities inter
convertible with the 4a4s, were Off
cially traded in on the Stock Exchange
yesterday COR the first time. The
range Of price was from 99.98 to par.
New-York tribune., 1919-06-03
Ten Per Cent Call Money

The rate for call loans on mixed
collateral opened yesterday at per
cent, and ruled at that rate through
out the Stock Exchange session. But
at the very close industrial loans
parted company, and from the usual
premium of Il to per cent extra
they went to 8 per cent. Shortly after
3 o'clock both classes of loans went
to 10 per cent. This is the highest
rate reached for call money in several
years. Only $1,0O0,OOO changed hands
at that amount, possibly one-twentieth
of the total loans of q day
New-York tribune., 1919-06-03

Silver.-London, 531sd; New York,
s1.09as Mexican dollars, 84MSSc.
New-York tribune., 1919-06-03

Bank NEUTRALITY-SUSPICIOUS. were un'
changed yester rday al follows:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent.Pcr cent.Per cent
Eligible
member
banks ...4h@4 4A@4is 4is@4H
Eligible
nOn-mem-
Der banks4A@4 4A@4l4 47sQ94h
Ineligible
bank bills.5A@4Hz 5Ia@4Is 5M@424
For delivery within thirty days:
Per cent.
eligible member banks ..... 42s
Eligible non-member banks.... 4Ia
Ineligible bank bills ..........
New-York tribune., 1919-06-03

London Money Market. LONDON,
June 2.-Closing; Money, per cent.
Discount rates--Short bills. 3%s per
cert; three month bills, 3R per cent.
Gold premiums at Lisbon, 1880.
New-York tribune., 1919-06-03

f. ID. c. Sullivan has been elected d.
rector Of the American Railway Express
Company. succeeding a. }. Hem phil re
signed
New-York tribune., 1919-06-03
Call mOneY:

Bank Clearings.-Bank clcarings yes
Evening journal., 1919-08-05
TWO KILLED when
! TRAIN HITS AUTO
Seaford Co. Truck Stalls
on Railroad Ahead of
Locomotive
CHAUFFEUR JUMPS
AND SAVES LIFE

SEAFORD, Del, Aug. Edgar Wiley
aged 80 years, and George Cannon,
Negro, aged 81 years, were instantly
killed at the railroad crossing here this
morning, when a Delaware Road train
struck the auto truck Of J. ]. Ross &
Son, on which the men we're riding,
Alfred Houston, Negro, driver Of the
truck, jumped when he saw that q col
ision was inevitable and escaped with
slight bruises.
The accident occurred at Ross sta
ton, about one mile north OF the sea-
ford depot.
The engineer OF the train sow the
machine on the track when it was too
late to stop or blow his whistle. The
driver jumped from the machine. The
two men killed seemed bcwildered at
the sight OF the train, and made no
attempt 70 jump. According 10 the
statement Of Houston. the chauffeur,
he thought he could set across the
rack in plenty OF time and when the
EAR struck the crossing it became
stalled and he was unable to get e
started in time 10 avoid the train.
There is no obstruction at this point
and trains could he seen a mile or more
away. Trains were on the siding at the
time and there seems to have been no
rason why the men could not have
made their escape in plenty OF time.
The remains OF the dead were placed
In charge OF the coroner who will hold
an inquest this afternoon.
Evening journal., 1919-08-05
SERIOUS CHARGES
AGAINST TWO BOYS
Accused ofSieaIing Liberty
Bond Card and War
Savings Stam mps
ALSO BROKE mo
STORE. POLICE SAY

Allen Harlan and samuel Lewis. both
about A. years Of age. were held for
county court hy Deputy Judge Finger
n Municipal Court This morning. IIar-
Dam was held I'm $1,000 bail on charge
Of breaking and entering aod Two
charges of larceny. and Lewis was held
In $500 bail ON charge of breaking and
entering and a charsc OF larceny
Harlan waived hearing for The up
per court through his counsel. Harry X
lloclL while Lewis had a hearing
Harlan testified against bis companion
The Harlan boy was arrested early
Yesterday morning by pairolman
Bl1chlsi0n after Dee and another youth
were seen by the officer coming from
lhe Arcade pool room. No si2 Market
street Blacksion overlook him and
after a hot chase and found a quantity
Of ca'dy chewing gum and cigarette.
in his possession. alleged lo have heer
taken hy Harlan from the pool room
Sergeant Davis arrested Lewis. who
70 developed. was The boy who escaped
from Blackislon
p Nler thc boys arrest. a charge OF
larceny Of a saS Liberty Bond card ana
si5 In War savings stamps from Mrs
Beatrice Lewis. wife Of a half-brothcr
OF Lewis. was LODGED against them.
Harlan. In court tliis morning. tesii
ned that he and Lewis broke into the
Arc9le pool room early Monday morn
ing. INe Liberty Bond card and War
savings slump were given him by Lewis
10 SELL he said
Evening journal., 1919-08-05
PACKERS PROBE AUG. SIN
EFFORT TO CUT III. c. L.

WASHINGTON, Aug > united Prels)
Increasing pressure for a reduction OF
the cost OF living today brought
definite action In Congress.
The Scnale agriculture committee
voted 10 begin consideration August IS
OF the Kenyon and Kcadrick bills 10
regulate The packers.
llis was considered by many the
most Important action yet taken by
Congress with regard 10 bringing down
prices
The Kenyon and kendrlck bills pro-
vide that the packers shall bf placed
under license and under a system OF
regulation which Will prevent profits
over certain limit
Senator kd7lOn and other members
OF The committee tried 20 get hearings
az once. Opposition from Chairman
Gronna resulted IN delay units August
is.
Senator Gronna favored waiting until
the peace treaty is ratified by the Sen
ate before undertaking consideration OF
The bills but other committee mem.
hers declared The food crisis demands
action August rs was reach
eu as q compromise To enable senator
kendrick. author of ono of ihc bills. 90
return 90 Washington before the hear
ings begin
I'VE have got 20 have legislation on
The high cost Of living Immediately"
Senator Randcll declared There Is
tremendous unrest throughout the
country and 70 may be Quieted some
what 10y hearings al once that win
bring us tho thought from an interests
1f the country as TO what should be
lone"
"The high cost Of living Is lntcrrc- 4
ated with everything Gronna declar- /
ID. 1T VIII require from sixty 10
ninety days TO hear all the iniereslsi
hat ouRht 30 he heard We have got .
% consider labor, products Of the farm
md factory. manufacturing. railroad
Evening journal., 1919-08-05
DOLLAR DAY" OFFERS
BARGAINS TOMORROW

The twelfth Dollar Day" sale OF lbe
merchants Of this city viii be held
tomorrow and there is every reason
for expecting a larger sale than on
previous Dollar Days"
Nearly an the dealers VII put on
sale a large number Of articles to be
hold for one dollar th3t ordinarily sell
for a much higher price and man.
Sow windows are already splaying
bargains that will go like hot cakcs"
tomorrow.
These sales have proven a great sue
ccs for the merchants although the
profits on the individual sales are con
siderably lcssencd, and the merchants
have found It very profitable on account
OF the greatly increased sales on these
special sales. The purchasers are as
well pleased as are The merchants. be
cause Of the fact that they are able to
buy cheaper on Dollar Day" and are
sure 10 obtain more than their moneys
worth.
Every one in any way connected with
DOLLAR Day" feels that lnssmuch as
every preceding Dollar Day" was bet
ter than The one that went before. the
sale tomorrow Will be the best yet.
Evening journal., 1919-08-05
COUNTY CAN'T PAY
FOR FLOOD DAMAGE

William C. Kline, Jr., for the Girard
Trust Company, informed the Levy
Court today that recent storms had
damaged the embankments Of White
Clay creek and Rcd Clay creek aloDg
their property. He said they were en-
ploying a dredging concern TO make re-
pairs, and asked whether the State
would help pay for repairs. President
Elliott remarked that Mr.. Kline should
have asked Levy Court, not state aid,
in a letter addressed 10 the Levy
Court but in any case, the court has
no jurisdiction. as private property
alone is concerned.
The Kent County Levy Court sent
word that they had awarded the con-
tract for improving Fleming's Land
ing Bridge TO James A. Hirons, OF
Dover, and that traffic would not be
interrupted during the work upon the
bridge.
Levy Court, in committee Of the
whole, considered the matter OF Lin
coin Highway bonds. a technical dinl-
Guilty having made 10 advisable to re-
ject all bids submitted last week. The
court ordered the clerks Of unsuccess-
ful bidders returned. The court will
meet this afternoon.
Evening journal., 1919-08-05
JAIL SENTENCE FOR
INSULTING WOMAN
Peter Galo,ia Sent to Work
house f)r 3 Months by
Judge Finger
WAS RECENTLY
FINED IN CITY COURT

Peter Galaria was sentenced to six
months Imprisonment and 10 pay fines
agsregating 500 and the COSTS OF the
ease by Deputy Judge Finger. IN Mu-
niclpal Court This morning. for assault
and battery on Miss Anna G0rmley and
Dennis sweeney he was convicted of
a similar Qnense several months ago
and fined SiOO and costs
Miss GOrmley and Miss Mary Brit
tingham were walking in East Fourth
street between Walnut and French
streets. about 2 o'clock. ON the evening
Of July %. when Galaria. who was
IN front of a barber shop. is
said Ia have reached down and caught
Miss Gornley by the ankle When She
resented this act, Galaria spat in her
face aud made an improper suggestion
She said She met Sweeney. lo whom
she told OF the Italians conduct
sweeney went back 10 Galaria. who
struck at him. when he demonstrated
with him. A nehi then ensucd between
.hc pair, In which Galaria rcsoricd io
.he use of his teeth
The defendant. who was represented
by John W. Brady. denied The charge.
Evening journal., 1919-08-05
PREACHERS ON HUNT.
FOR "SPEAKEASIES'
Dominees Go sleuthing,
Believing There is Oasis
IN Town
HALEY MAKES ARREST,
NAME is WITHHELD

Accompanied by Constable Whiting
ton. Of Magistrate ellis Office Frank
E. Haley. OF the Law and order So
clety, yesterday arrested an Italian live
Ing at Cedar and Wright streets. on a
charge OF selling intoxicating liquors.
The man viii be given hearing before
Magistrate Gills this evening.
Efforts 10 ascertain the name OF the
man under arrest on the charge. failed.
Mfr. Haley when asked for this infor-
nation while n was az his home this
afternoon, saying The warrant was at
MS Office Magistrate ellis and the
constable said. Haley had the warrant.
- was said that the Officials found
forty or more quarts OF intoxicating
liquors in the house when they ar
rived there.
II was said that Haley has sworn
statements by three men. TO the effect
that they had purchased liquors from
the Italian under arrest.
In an effort 10 ascertain II possible,
whether any speakeasies exist in the
,ity, a delegation OF preachers made
iour OF this city today. Just whist was
learned by the investigating commit
tee was not learned.
Evening journal., 1919-08-05
CNMp rIRus AClIN ~ ARDrN.

The Arden branches of the National
Woodcrafi League of America enter
iained visitors 10 the Arden SUNDAY
campfire During The evening Philip
Fagans national secretary OF tho lcacuc
save am interesting talk upon the
league and Ms purposes.
Arden has three lodges In the loaeue
4 tribe OF boys was started IN Arden
about two years ago with r. 3 Spicer
as head guide; more recently a tribe OF
girls. with Mrs Ramsey as head guide
was formed and now a-iribc has been
started by the adults. Russel Ramsey.
head guide, known MS the Nassa'an-
deau tribe. a Delaware Indian name for
clear sunshine
4 feature or The evening was the
Council Rims. In which members or ihc
various tribes challenge each other 60
friendly comhais in The various mann
arts. which furnished MUCH amusc-
ment and excitement Tor the spccia-
tors.
Evening journal., 1919-08-05

I transportation and money problems II
we are going 10 effect a real change In
The high cost Of llying"
Prompt action was Insisted on by
several senator's.
Il bclo,e the public VIII bo Inn
patient If we allow these hearings to
drag along. senator Capper SAID.
This question Is oyershadowing every
thing else and VIII continue TO for
three on six months"
2 senator Harris. Georgia, introduced
letter In the senate from const tu-
cnt who declared that one OF the big
packers had sent telegram signing
MS name without authority and pro-
lcsi~.s asainst the Kenyon bill. Il want
This letter rc9d 10 show tno methods
packers are using" Harris said.
The House Was today given notice
by Representative lgoc. Mo. that 10
must Stay In session until some ac-
tion 90 reduce The high cost OF l.vng
is taken.
Republican Leader M0ndell sought TO
obtain unanimous consent FOR three
day rccesses until the Presidents recom-
mendaiions for reducing the high cost
of living are received. but igoe Insisted
the House should pass his resolution or
derlng the Federal Trade Commission 10
Investigate The price Of shoes. The
House then adjourned until tomorrow.
Attorney General palmer's high cost
OF living committee which met az 10
O'Clock today was still In session this
afternoon and word from The conference
room was that there might be no adj
lournmonl until just before the cabinet
meeting at the White House.
limitations were that the commit
Tee recommendations 10 bring down
prices viii be laid before the President
and that action may follow soon. Mean
while. wo-< came from the White
House thay President Wilson has de-
ferred league OF nations conferences and
all other business and Is deyoilng him |
self entirely 10 the food problem.
Evening journal., 1919-08-05
FOOD CRISIS FORCES
NATURALIZATION ISSUE

WASHINGTON, Aug. 5 United Press 5
-Nationaliation OF the American rail
roads with possible spread to the prin-
ciple OF naturalization TO many other
Industries inthis country came 10 the
fore in Washington today In discussion
of the labor question and high cost OF
living crisis which confront the gov
ernmsnt.
Il think that the present trend "
events is toward naturalization uf IN
dustry,' senator Cummlns, chairman
Of the Interstate Commerce Committee.
told the United Press today. The ma
tionalizaiion OF the railroads If it
should occur. will, in my opinion. be
followed by naturalization OF other
industries" he declared Il do not.
however. anticipate Immediate national
ization Of the railroads"
When representatives Of tho four big
railroad brotherhoods appear iomor-
row before the joint Congressional com
mittee which will hear their sugges-
tiOns for settlement OF the railroad
problem they are expected 60 make nat
demands for the retirement of capital
from the railroads. FOR purchase OF the
roads from their present owners. pay
ment 10 be made in government bonds
and for future control Of the lines hy
corporations i'm which the public the
employees and the operating manage
ment shall have equal representation.
This program was laid down In their
statement made public today How
ever, 10 is expected the brotherhood
representatives viii deny that they IN
tend 10 use their influence for exten-
sion Of naturalization Of other indus
tries.
The Senate Interstate Commerce Com
miiiee today selected subcommittee
OF three 10 report whether an inVcsiiga-
iion Of the railroad wage problem should
be made before ihc fun committee.
The subcommittee has decided 90
study FOR itself the relation OF railroad
workers wages 10 the increases in liy-
ing costs since the last pay raise be-
came effective. senator Cummins and
other members or the committee were
Of the opinion that the President has
now the power 10 name a board 10 10
into the question Of wages.
Cummins. heads the subcommittee
which is TO fle MS reports as quickly as
Dossiblo-probably within a fev days.
Il 10 reports in favor of an invcsiieation
ly the fun committee a resolution pre- 1
pared by Cummins will be introduced
1 tho Senate 90 support
During discussion i'm the Senate Of the I
'ailroad wage situation Cummins de- I
.lar'd President Wilson and The Rail- /
'oad Administration have full power 20 |
leal with the situation without any /
ppcal 20 Congress
Cummins said false impression has
'cen created by an i-ierNicw by Drec- /
or-General Hines, who was quoted as !