davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-08-26
RESTRICT SALE OF EXTRACTS.
Must Watch Demand for Products
Containing Alcohol.

BALTIMORE, Aug. 24.-Demands for
lemon extract, Jamaica ginger. milder
brands of cologne and other alcohol con-
tanning liquids now on the market have
increased so greatly lately that the ear
nest attention Of the Bureau OF internal
Revenue has been called to this phe-
nomenon.
Well founded suspicious exist among
the collectors OF internal revenue that
these preparations are being diverted
from the ostensible purpose for which
they were made. Indications are that
a large number of persons who are not
satisfied with ais per cent. beer are
taking TO stronger ana less customary
So It was stated the other day by the
chief deputy collector of internal reve-
nue. for the Baltimore district, Lewis
M. Melbourne. that the local office had
received orders from Commissioner Dan
lei c. Roper that the Bureau of Internal
Revenue would have to change from its
ienient policy In dealing with manufac-
turers Of alcoholic preparations which
are allegedly for non-drinking purposes.
Strict accountability is the principle
of this new attitude. The manufacturer
and pharmacist not only will be held
strictly accountable for full compliance
with all provisions of the present regu-
lations, but also for making sales to con-
Germs or individuals against whom the
finger Of suspicion Is pointed
The sun., 1919-08-26
FINANCIAL NOTES.

Kerr Lake Mines companys July silver
production was le6,6s7 ounces. against
z3i.Ss0 in July. 1919, a decrease OF sb'abs
CRANKY Consolidated Mining Company
produced in July 2.o5o, 900 pounds OF cop
Der, against 2lS7.o77 in July, 1913, de-
crease OF lf7,o71 pounds. The output In
July came entirely from the Anyox plant
the company having decided to close down
the Grand Folks smeltsr plant.
Pell 4 White have issued special cir
cular setting forth the position, earnings
and earning pswer OF the Steel and Tube
Company OF America.
Equitable Trust Company has been ap-
pointed registrar of the American Ship and
Commerce Company.
Jewel Tea Company's sales for the four
weeks ended on August Q were 81, l44.654,
against Sl,1ss.ssB In the corresponding Pc
riod last year. an increase. of el2.27l,
New York Stock Exchange has admitted
20 the list the rights OF the Ajax Rubber
Henry c. stevens. assistant cashier Of
the National Bank Of Commerce. and
George W. curtis OF it's foreign department
have sailed TO spend several months study
Ing financial and economic conditions In
central Europe.
Farm Mortgage Bankers Association OF
America will hold its sixth annual national
convention In the Auditorium Hotel. Chi
cago, on September 23 ana %. The pro-
gTamme will be devoted to practical dis
customs Of business problems.
petition Is being circulated among
members OF the Producs Exchange asking
that the exchange be not open on next
Saturday. r- -
The sun., 1919-08-26
CONSOLIDATE OIL COMPANIES.
All Controlled by H. #. Sinclair
and Associates to BE Merged.

All Controlled by H. +. Sinclair
and Associates to BE Merged.
A consolidation Of all the oil proper
ties owned or controlled in the United
States and foreign countries by Harry
+. Sinclair and his associates in bust
ness was agreed to at a series of dlrec-
tors meetings held yesterday afternoon.
Stockholders of the Sinclair OIL Refin-
ing Corporation. the Sinclair Gulf Cor
poration and the Sinclair Consolidated
OIL Corporation will be asked to ratify
the action of directors at special meet
ings called for September 20.
The new corporation will be known
as the Sinclair Consolidated OIL. Cor
poration. operating under New York
laws. A share of stock of the new
corporation will be issued in exchange
for every share of the several constitu-
emit companies issued and outstanding.
and not owned by any other constitu-
ent companies.
The present authorized capitalization
of the old companies is as follows: The
Sinclair Oil Refining Corporation, $780,
600 shares of no par value; the SIM
clair Gulf Corporation. 100000 shares
of no par value: the Sinclair Con-
solidated Oil Corporation, 1000, 900
shares of no par value. The total for
the three is 100000 shares of no par
value. The new corporation will have
an authorized issue OF 100000 of no
par value shares, but as 100000 Of
the Sinclair Oil and 100000 of the
Sinclair Gulf shares have not been is
sued the new corporation will have I'M
issued or in its treasury about 1000. 900
Of the 5,50G000 shares authorized.
The present Sinclair Consolidated Oil
Corporation of New York has taken
over all Of the assets of the Delaware
corporation OF the same name. The
latter will be dissolved and shares will
be exchangeable for the new issue after
August 2s at the Mercantile Trust Com
pany.
The sun., 1919-08-26
LONDON EXCHANGE REACTS.
Rises TO st.22. but Closes Finally
at RA.IR 3-a.

at F4.Ie 3-s.
Special Gable Despatch TO The Sun from the
London Times Service.
Copyright, 1919 all rioAts reserped..
LONDON, Aug. 25.--In one or two d.
rections there appeared to bs rather
more business passing. but the stock
markets taken as a whole were by no
means active and the tendency was un-
certain. National war bonds were bet
Ter on the market, and French loans had
slight advance, although the foreign
market otherwise was decidedly weak.
vi shares moved erratically, while rub
Der shares showed firmness.
With one or two exceptions foreign
bonds were fiat. owing to sales on
trench account. Argentine, Brazilian
and Chilean descriptions were to 204h
lover In some two dozen instances, and
several OF the Chinese loans fell Rus
sian descriptions showed declines rang
Ing from to 8. and Siamese Az per
cents. fell further to ". French loans
remained steady and prices at the close
were n higher, at TAN for fives and
oSA Tor new fours. Japanese Az per
cents. continued to meet with support
The market in Argentine railway
stocks showed a weaker tendency, Gem
trail Argentine falling to Sc. Sor Mo-
ALBANIA bonds rose further from I to san
on.
In the money market there was large
turnover of credit, and short loans were
In good demand. . per cent. being the
more general rate for the day on to-
day money. American exchange reacted
slightly, and after being dealt in be-
tween Ara and 4.1s, closed at 419%.
France deprecated, closing at 34f., and
Brussels moved in sympathy, the final
rate being 35f. 45c. Amsterdam, after
rising to lii Soc, closed at If. s6c.,
and the peseta deprecated. Rates on
Norway and Sweden moved in our favor.
The sun., 1919-08-26
Natural Gas for Edmonton.

EDMONTON, Alta, Aug. 26.-.Two gas
wells with an immense flow have been
capped In the Viking field, eighty miles
southeast of this city, awaiting the con
struction of a. pipe line to this city. The
cost OF pipe and some difficulty over
franchise matters have held up construc-
ton. This Viking field Is considered to
be one of the most promising gas terri
tories in America, Calgary In already
supplied with natural gas from the Bow
Island field, $50 miles southeast of that
city.
The sun., 1919-08-26
CONSOLIDATED EXCHANGE.

Interest in the rails assumed yester-
day paramount proportions in the trad
ing on the Consolidated Stock Exchange
and that group scored substantial ad-
vances, while many food specialties net
ted fair gains for the session. Sinclair
Oil was a third feature of strength on
favorable developments individual to
that company.
Texas and Pacific on vigorous buying,
said to represent In part fund investment
by the Texas company with a view OF
ultimate central. was bid UP Az to 47A
Southern Pacific gained 2& to 9Sh,
Union Pacific az to 1851. ST. Paul IN
to 431s, New Haven rs TO BAN, Mis-
souri,, Kansas and Texas 2 to 14b
The sun., 1919-08-26
lawyer. for Equipment Plan.

The Association of Railway Executives
gave out yesterday the names OF the spe,
cial committee of lawyers which will
work out the legal details ana under
standings arrived at in Saturdays con-
ference regarding the financing OF rail-
way equipment and the floating OF $3.50
600 900 of national equipment trusts
Sanford H e. F'reund will represent the
Federal Railroad Administration. era
yath and Henderson the committee OF
bankers and Hornblower, Miller Garri-
son and Potter the Association OF rail-
way Executives.
The sun., 1919-08-26
TO THE sTOCKHOLDERs OF
ST. LOUIS SOUTHWESTERN
RAILWAY COMPANY

ST. Louis, Mo, August rs, 1919.
Notice Is hereby given that the Annual
Meeting Of the Stockholders Of st. Louis
Southwestern Railway Company will De
held at the General Ofices of the Company
in the Railway Exchange Building, Sixth
and Olive Streets. in the City of st. Louis
Missouri, on Tuesday. October T. 1919, at
nine o'clock A. NJ. for the election Of
Directors OF the Company in conformity
with the Bylaws. and to- consider the ex-
pediency OF ratifyng n certain agreement
with the Director General of Railroads re-
lating TO operation, compensation and
other mattera connected with. or growing
out OF. the taking over by the President OF
the Company's railroad and system q
transportation, and for the transaction Of
such other business as may legally COMB
before said meeting.
The regular Annual Meeting Of the Dt-
Tectors OF the Company will be held at the
same place Immediately after the adjourn
ment OF the Stockholders' Meeting.
The stock Transfer Books of the Conn
pany will be closed on Saturday, Septennt
Der 6. 1919. at twelve o'clock noon ana win
be reopened at ten o'clock A. NJ. oh
Wednesday, october 8, 1919.
ARTHUR ]. TRUssEI. Secretary ~
The sun., 1919-08-26
ATLAS POWDER COMPANY

WlImIngton, DeT' huBusl tt IVIs'
A dividend Of go on the Common Cap
ital stock OF this Company has been de-
cIared payable September 10th, 1919, to
stockholders of record at the close OF bust
ness on Saturday, August s0th, 1919.
The stock transfer books OF the Com
pany Will be closed against the transfer
OF common stock at the, close OF business
be reopened at 500 o'clock A. NJ. on
Wednesday, September 10th, 1919.
LELAND LYON, Treasurer
The sun., 1919-08-26
Pari. Bourse Trading.

PARIS, Aug. 26.-Trading on the
Bourse was sustained to-day. Rentes
were quoted at 81 francs IS confines.
exchange on London at 81 francs 8
confines and the 5 per cent. loan at
80 francs As centimes The dollar was
quoted at from francs confines to
s francs IS centimes
The sun., 1919-08-26
ELECTIONS AND MEErINuA.
SINCLAIR GULF CORPORATION


SPECIAL MEETING OF STOCKHOLDERS
FOR CONSOLIDATION.
To the Stockholders Of e!
Sinclair Gulf Corporation: II,
NOTICE Is HEREBY GIVEN that a
special meeting of the stockholders Of SIN
clair Gulf Corporation, New York Cor
poration, will be held at the once Of the
9rosdwaS in tSe sorsp.s ~ M. no
City and State Of New York, on the 22d
day OF September, 1919. at twelve o'clock
Gj or considering an agreement, bear
Ing date the 25th day of August. 1919.
heretofore sn, made s, and entered Into by ana
Sinclair Consolidated oil Corporation, cor
their respective Boards OF Directors. where
by said corporations have agreed to oon-
solidate, pursuant to the provisions OF the
BUSINESS Corporations Law of the State OF
New York;
CD or voting upon the question whether
or not such agreement made and en-
tered into shall b. rstined. assented TO.
approved and adopted, and such CONSOLE
dalton contaminated: 'f
premises and transacting any other busi-
ness that may properly come before the
Such agreement will be submitted to the
meeting Of the stockholders hereby called
and every stockholder attending will be
at any time before such '' nesting any
stakeholder will be furnished with a
printed copy of such agreement upon Ap-
plication therefor. during business hours.
TO A. stenmetz, the Secretary Of the cor
poration, at his ONCE, Rooms 3l23-Sl29
No. l20 Broadway. in the Borough of
Manhattan, City and state OF New York.
Transfer books will be closed at the
close OF business September the 18th, 1914,
and will remain closed until the close OF
business September 25rd. 1919, or the day
following any later date to which the
Special stockholders Meeting may be i'd
Journed.
Dated. August sS, 1919.
BY ORDER Of the Board OF Directors
The sun., 1919-08-26
DIVIDENDS AND INTEREST.
William Farrell & Son, Inc.
New York, Aug: go, 1919.
INITIAL DIVIDEND

At a meeting of the Board of Directors
of william Farrell & Son, Inc, held Au-
gust 20, 1919, an initial dividend OF s23s
per share was declared on the preferred
1919, to shareholders OF record as they
appear at the close OF business September
20, 1919. This dividend Is at tho rate Of
~ for the irst four months OF the com
pany's Incorporation,
James T. Woodward, TREASURER.
The sun., 1919-08-26
CHICAGO, TERRE HAUTE AND SOUTH
EASTERN RAILWAY COMPANY
EoIA

IHVuI"e 0ur5sHt0 % III u 9 IIuHu ~. .
declared payable by the Board OF Directors
at the rate OF one and one fourth ok 9e)
per cent. on Sl2.60 on each 81 900 bond,
of interest represented by coupon No IS,
bearing date March !, 1915, and upon re-
ceipt OF funds therefor from the United
States Railroad Administration, will be
paid at the First National Bank, New
York City. or at First Trust and Savings
Bank, Chicago, on or after September l..
1919, upon the presentation and surrender
of coupon No. s.
The sun., 1919-08-26
s11.7Bo,ooo Pullman Contract.

WASHINGTON, Aug. 25.-The Railroad
Administration . to-day signed con-
tract with the Pullman company calling
for an annual rental of $11.75O,0O0.
The sun., 1919-08-26

TO THE HOLDERS OF
NEW YORK TELEPHONE co.
3O-Hear sinking Fund go Gold Debenture
Bonds, Duo February I, 1919.
SINKING FUND NOTICE.
Notice is hereby given as provided In
Article V Of the lndenture dated February
/, 1919, of the New York Telephone Com
pany TO the Guaranty Trust Company Of
New York as Trustee. that the under
signed at Its office, No. 1i0 Broadway New
York City. will receive until 10 o'clock
A. NJ, Wednesday. August 81, 1919,
offers for the sale to 1. as Trustee OF
sufficient bonds OF the above issue at not
exceeding ll0I of par and accrued interest
to exhaust the sum OF One Hundred eighty
seven thousand Ave hundred ElS7,50O
dollars. held in the Sinking Fund.
The Trustee reserves the right to reject
any and all offers. Offers should he sealed
and addressed 80 the Trust Department
and made subject to acceptance in part
thereof.
GUARANTY TRUST COMPANY
OF NEW YORK.
BY CHARLES II. SABIN, President
Dated New York. August 5. 1919.
The sun., 1919-08-26
Say Liberties Being Held.

In ascertaining whe Their or not the peo-
pie were holding or selling Liberty bonds,
1.202 answered that they were holding
them, while 41S answered that they
were being sold. Small denominations
were being marketed, according to 1921
answers In the labor problem, 1889
correspondents answered that a de-
ficiency of labor existed, while in 1856
cases the answers were that 1t was in
excess. To the question rs there any
indication Of Bolshevism or radical So
cialism present or prospective In your
section?" 921 correspondents answered
no and 729 answered yes. There were
no evidences of foreign propaganda, ac-
cording to 944 answers. A total of 1877
said that 1t was going on openly, 400
said that 1t was going on, but concealed
A total OF liza correspondents de-
clared that returned soldiers were go
ing promptly to Worthwhile 536 re-
ported that they were choosy in ac-
ceptance of jobs In $50 answers the
crops were reported greater than their
averages; in 500 about the average,
and in 200 less than their averages
Correspondents numbering 1887 re-
ported they would be sold readily at
current prices while 1872 said they would
be held.
To the question Are the people in
your section generally in favor of a
League Of Nations" 1871 answered yes
and 252 no. Asked as to whether the
judgment Of the President or the Senate
in regard to the league was most popu-
lar, 602 answered for the stand OF the
President and 641 for that OF the Senate
A total Of 1,549 answered that tine peo-
plo In general were dissatisfied with
the Railroad Administration and 118
answered that the people were satisfied
with It, Public opinion favored living
rates and fair treatment for the roads
according to 1884 correspondents and
1s2 answered that public opinion In their
sectioE was still illiberal in its attitude
toward the railways. A total OF 1,O17
answered that investors OF their section
would support a policy of financial aid
TO Europe and take the approved secur-
tiles that might be issued for that pur-
pose. A total OF 3ss said that the dis
position was to let Europe take care Of
herself financially
The sun., 1919-08-26
Pennsylvania Crude OIL Market.

OIL CITY, Pa. Aug. 2b.-Credit bal
ances 81. Runs 133.545. average 7s.sss'
shipments 1902, average 4b'S47.
The sun., 1919-08-26
DIVIDENDS AND INTEREST.

American Telephone & Telegraph CO.
Convertible -Four Per Cent Gold Bonds
Coupons from these bonds. payable 10y
their terms on September /, 1919, at thR
once or agency Of the Company In New
York by the Bankers Trust Company, nj
Wall Street. @, D. MILNE, Treasurer. i
The sun., 1919-08-26
To Holders of
Cities Service
Company.
Convertible Gold Debentures
Series B, Seven Per Cent.
To Holders of

Holders of the above Debentures
will be permitted TO- convert, on or
after September l. 1919, ten per centum
l0%) OF the aggregate principal
amount OF Series B Debentures owned
BY them respectively on August l.,
1919, Conversion may be requested by
TENDER /, 1919, and upon delivery by
them of the Debentures so desired TO
be converted properly, endorsed, II
registered) to Messrs, Henry L. Do
herty & Company, Fiscal Agents.
such Debentures will be converted
into cities Service Company Preferred
and Common stocks on the basis set
forth in such Debentures, certificates
Tor which, stocks will be issued and
amounts respectively due. Similar
privileges OF partial conversion were
record December !, 1918, January list,
February LIST, April list, May list, June
LIST and July LIST, 1919.
Henry L. Doherty & Company
Fiscal Agents Cities Service Company,
go Wall Street. New York.
The sun., 1919-08-26
Anne lean Telephone & Telegraph Co.
Convertible -Four and one-Half Per Cent

Coupons from These bonds, payable BY
their terms on September !, 1919, at the
once or agency of the Company in New
York or in Boston, will be paid in New
York BY the Bankers Trust Company Is
Wall Street. O. d. MILNE. Treasurer.
The sun., 1919-08-26
CREDIT ABOUNDS \
ALLOVER COUNTRY
QUESTIONABLE on International
and National Affairs Is
Answered by 1879.
SENT INTO ALL SECTIONS
Replies Show Consensus of
Opinion and Feeling Of
Business America.

What do the business men of the
United States--the solid, substantial men
oil affairs-think of the way things are
going? What DO they think OF the
League OF Nations, of the present system
OF taxation. of Bolshevism, and a dozen
and one other problems now in the fore
front? Probably the nearest to a con-
census of opinion has been obtained by
Harris. Winthrop & Co. That firm first
divided the United States into the New
England, Middle Atlantic, Central, South
ern. Southwestern, Northwestern, Rocky
Mountain and Pacific States. Then 1t
obtained the names of representative
business men in every community. To
these men 1t sent carefully prepared
QUESTIONABLE. 1t has received 1879 re-
plies. and the result Is cross section Of
the facts and feeling in business Amer
lea.
1t Is evident from the replies that
credit. the life blood of business, Is in
abundant supplies throughout the coun-
try, that the savings bank deposits are
increasing despite the high cost of living
and the alleged insufficiency of wages,
that business 10 prosperous almost every
where. that merchants stocks of goods
are not abnormally large. that crops are,
on the whole, greater than their aver
prices that the Liberty bonds bought
by the people are held generally except
when smaller investors have found II
necessary to sell them and that In at
least two cases out of three the returning
soldiers are going cheerfully to work as
employment is offered them. Against
the cheerfulness there Is noted only a
general deficiency of labor, an unwilling
ness to accept further advance in freight
rates that appear to be inevitable. and
the general prevalence Of speculation.
Opinion" says the report appears
to be evenly. divided as to the perma-
manencs or impermanence Of the pres
ent prosperity and the high prices
and wages that are incident to
it, and out of 1857 who have an
swered the question there are 1924 who
believe that 1t will be an average of|at
least two and a half years before we
will get any serious reaction. Presum-
ably a condition that remains relatively
static for two and half years In this
changing country Is regarded as about
as near permanent as we may ever gel
in our business experience-at all events
1t gives us time to make our calculations
deliberately.
The sun., 1919-08-26


Public dissatisfaction with Govern
ment administration of the railways APP
pears to be nearly unanimous, although
the report that living rates and fair
treatment for the carriers would not be
generally opposed seems somewhat in
consistent with the answers to question
4, which indicate that in a large ma
jority of cases an advance in rates would
be resented. By a two-thirds majority
our informants report that public opin-
ion is In favor of reconstruction credits
for Europe. and it is to be hoped that
our bankers will soon be able to give
practical form to this preponderant SEN
timent. for II is. we think. self-evident
that confirmation OF our prosperity de-
ponds upon its effective organization"
To the question SIS the supply of bank
credit, commonly called money equal
to the demands of legitimate business in
your section?" 1875 answered yes and
Sc no. In regard to savings bank de-
posits, 1872 said that they had increased
and 56 said they had decreased. That
general business was prosperous 1,70l
averred, while ~ said It was not Mer-
chants stocks are large. according to
ITS correspondents. average, according
to 1855, and small 400. A total of 1851
replied that an advance in rail rates
WOulu Dc TSCclNcu ny lIlc peO-
pie. while 375 believed that 1t would be
received cheerfully.
To the question rs there much specu-
lation as distinguished from legitimate
business activity In your section?' 677
answered that speculation was active,
1855 that 1t was about as usual and $50
that it was negligible. 1t is finding ex-
preston in New York stocks, according
to SIC answers; real estate. according
to 67S answers: oil land or stocks, ac-
cording to 7o6: other local securities. ac-
cording to 434; cotton, according to 1856,
and grain, according to $50 answers.
The sun., 1919-08-26

FOREIGN BONDS DEALT IN FLAT.
Mexico Extern. sterl. Sc OF 30, 1915. IS Sc
Mexico Extern, gold - of 'OI, 1884. So 52h
The sun., 1919-08-26
100000 Shares
The Coca Cola Company
"a Delaware Corporation)
Common Stock

Resise~~W
The Chase National Bank. N. Y.
Central Bank and Trust Corporation.
Atlanta. Ga.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-22
VEDRNES, NOTED
AVIATOR, KILLED
French Flyer and Mechanician
Die When Their Plane
Falls to Earth.

PARIS, April %. (By the Associated
Press.-Jules Vedrines, a noter French
aviator, was killed yesterday when his
machine fell in the department Of
prOme while Vehrines was attempting
to make a nonstop flight from Villa
couhlRy to Rome. The meehHniciRn In
the machine also was killed, The air
plane used was built TO lombard Ber-
lin and weighed five and one-hslf tons.
jules Nedrlnes was one of the leading
French airuen, He was II Of the
FIRST FrCnGhmen 10 take up aviation
and during 1911 and 1912 was very ae-
tive In aerial races in Europe, winning
the Paris Madrid race, finishing fourth
IN the European circuit race. making
Various records for height, distance and
speed. and finishing second in the Brit
lsh circuit race. He was one of the
first nvtNtors to fly from London to
Paris, doing this on August 4. 1911.
On April 90. 1912. almost seven years
ago, Ncdrtnes was injured seriously by
the fan OF his machine at ST. Denis.
lie recovered from his injuries and,
in August Of that yeRr, came to Amer
lea and won the international aviation
race M Chicago on September 8. In
1913 he few from Parts TO Cairo,
VCdrines served In the French aerial
service early IN the var and was later
made an instructor. on January Is,
this year, he accomplished the feat OF
landing In an airplane on the roof OF
a building.