davidaulloa/AmericanStories huggingface dataset:
The sun., 1919-07-12
WOULD AID ORIENTAL TRADE.
Council to Work for Improvement
of Pacific Gable and wireless.

An effort to obtain substantial i'm
provemsnt Of American facilities for
cable and wireless communications across
the Pacific Ocean is to be made by the
National Foreign Trade Council, accord
ing to an announcement made yesterday
by that organization. This Is the first
step In carrying out the recommendation
Of the sixth National Foreign Trade
Convention, held recently at Chicago,
which declared strongly In favor OF the
establishment OF American systems of
cable and wireless communication with
foreign nations as essential to the sue
cess Of American foreign trade.
A special committee on foreign COM
municauons has been appointed by the
council. It members are f. p. Thomas,
president OF the United States Products
Company: Howard E Cole, a director OF
the standard OIL Company OF New York
r. r. Tirslsy. vtce-president ofths Amer
loan International Corporation; NJ A
oudin. vice-president of the International
General Electric Company: r. H.
Patchin. manager of tho foreign trade
department Of the San Francisco Cham
Der Of Commerce. and William Pigett of
the San Francisco Chamber OF Com
merce.
The sun., 1919-07-12
LONDON STOCKS ARE FIRMER.
Market Has More Cheerful Tone
Toward tho Close.
Trustee

Toward tho Close.
Special Cable Despatch to THE SUN from ts
London Times Service.
Copyright. 1919: oil rights reserved
LONDON, July 11.-There was a more
cheerful feeling in the stock markets, es-
pecially toward the close of business,
one feature being a sharp rise In the
per cent war loan. while other gilt
edged securities were firmer. Peruvian
Corporation preference and tobacco COM
panles shares again showed strength,
while iron and steel shares showed a
disposition to rally after the last pre-
vious days decline. Shipping securities
continued dull. Canadian Pacific Rail-
way shares reached to 1872, while Grand
Trunk stocks were inclined to harden.
A feature Of the foreign market was
tho continued demand for Peruvian Cor
poration stocks. After being u lower
French loans recovered and closed steady
at 7s% for IS and sax for new ~.
Chinese 1895. Greek 1914. Japanese 1907
and Russian 10 were all a point lower,
while Mexican IS fell M. While Ar
sentine railway stocks were again lower,
in several instances the tendency Of the
market was described as rather steadier
at the close. Mexican Is fell 2 and Sac
Paulo u. Although money was perhaps
little less plentiful in the markets, ow-
ing to the transfer of subscriptions for
the loan to the Bank OF England. condi-
tons were still very easy, money in some
instances being placed at l u per cent.
In some quarters the tendency Of the dis
count market was a shade stronger as
regards longer dated maturities. Belgian
exchange continued to move against that
country and francs deprecated in value,
but there was recovery in Ira. Rates on
Christiania and Amsterdam moved
slightly in our favor.
The sun., 1919-07-12
SELL MULLINS BODY STOCK.
Application to List on New York
Exchange to BE Made.

Hornblower 8 Weeks have sold pri-
vately 100000 OF s per cent. preferred
and 10000 shares of common stock. the
latter without par value. of the Mullins
Body Corporation, makers OF automob bile
bodies, tenders and parts for Packard.
Cadillac. Pierce-Arrow, Locomobile,
Peerless. tCearns and Baker Electric.
Because OF heavy advance subscription
books were not opened. Application will
be made shortly to list both classes of
stock on the New York and Boston stock
exchanges.
The company's total authorized cap
ital consists OF 100000 preferred and
10. 900 shares OF common. The new COM
pany has been organized in New York to
take over the business of the w. H. Null
Inns Company OF Salem. Ohio. which has
been in business since 1904, having sue
ceeded to a business originated in 1871.
The company plans extension of its
business to handle growing demands OF
the present customers and give accom-
modations to new customers.
The sun., 1919-07-12
Bank ClearinEs.

Total bank clearings this week at the
principal cities in the United States" ac-
cordlng TO Dun's Review, amount to
S6,095, S90.64s. an increase OF 10 per
cent. over this week a year ago and of
1872 per cent as contrasted with 1917.
New York city reports gains Of III and
al per cent respectively over the two
previous years, but in the aggregate OF
the cities outside the metropolis there IL
loss OF S,3 per cent as compared with
last year, This loss, however, is due to
the fact that the week this year includes
only five business days, whereas In both
previous years there were six days. The
average daily figures for July, moreov'b
clearly show that bank clearings contin-
ue In very heavy volume, gains OF 302
and 1913 per cent. respectively being re-
ported over 1913 and 1917. Average
daily bank clearings for the year 20 date
and for preceding two years are given
below.
The sun., 1919-07-12
CONSOLIDATED EXCHANGE.

Substantial early gains were re-
duced materially by final hour liquida-
ton on the Consolidated Stock Exchange
yesterday. some of the active properties
falling from 2 to points below previous
high marks.
Steel common. on freq offering, fell
back u from its high to 1ll%, clos
ing at 112h. while Crucible ranged be-
tween III and 115A and Republic Iron
and Steel between sSh and 97A The
shipping and copper shares were fea-
tured by brisk demand up to the last
hour, Marine common being bid up 5h
to IS. Marine preferred ~ to l23b
and American international an to
115h.
Among the specialties National Lead
moved up An to S5%. Industrial Alec
hol AZ to 1+2h. International Agricul-
tural 2h to 35 and American Writing
Paper preferred IN to 5s%. the last
two entering new high ground. Ameri-
can Cotton OIL and Virginia and Car
DINA Chemical of the food division were
bid up each about per cent. to 651a
and S9& respectively. United Cigar Stores
gained 4 to 1874, closing at that figure
The copper shares were moved up rap
idly during the noon hour. Cerro de
Pasco rising Az to GIN. American
Smelling and Refining IA to IS. Utah
2h to s5h. Kennecott as to Am and
Tennessee 2 points to 18h, all entering
new high ground for this year. On early
inquiry Studebaker rose Q to 1851
Pierce Arrow l y to 64M and White IN
to 72k. Keystone was best of the
tire stocks. gaining points to
l2lh. Reading. after moving up
IN to s7%. fell back to s0A at the
end. while Texas and Pacific ranged be-
tween 6S% and sc and Southern Pacific
between 10s& and 1878.
Among the low priced rails Denver
and Rio Grande preferred was ad-
vanced to 1S&. Pere Marquette IN
to 25A and Erie first preferred 2M to
San. all reaching new highs. The oils,
after early gains OF more than a point.
fell back to about a level with Thurs
days final prices.
The sun., 1919-07-12
FINANCIAL NOTES.

Cecil P. Young, formerly with J. B.
Byrne & Co.
George J. stockly has been admitted to
partnership In Mann. Bill & Co.
Mercantile Trust Company has been ap-
pointed transfer agent OF the preferred
stock of the Steel and Tube Company OF
American Thread Company report for
year ended on March 81 shows surplus,
after interest charges and depreciation.
OF s2s6i.ble AGAINST st.2si.Si4 In the
last previous year.
Columbia Trust Company has been APP
pointed transfer agent for the capital stock
o. the STANDARD Supply and Egyipmsnt
ton. II has been appointed registrar Of
the preferred stock of the American Whole
sale Corporation.
Don NJ Kelley. Frederick r. Bauer and
Emlen NJ. Drayton, member Of the New
York Stock Exchange, have formed q co.
partnership for the transaction of a COM
Kelley. Drayton Il Co. with offices In
20 Exchange place.
G. r. Dyer has sold one of his two
memberships in the New York Coffee and
$500. the price OF the last previous sale
OF seat In that body.
Fifth Avenue Bank OF New York an
nounces the opening of Its new. trust de-
partment under powers recently granted
by an act OF Legislature Through the
department, which will be a department
OF the bank and under the same manage
ment, the bank will act as executor, trus-
tee. guardian and in other Aduciary capaci-
ties.
More than two-thirds OF the SIS, 900, 900
Baltimore and Ohio ten year 6 per cent
bonds. which were being brought out by
Kuhn. Loeb q Co.. Speyer q Co.. and the
National City Company. have thus far
been sold.
Heidelbach. Iekelheimer & Co. shipped
q. ooo. 900 900 gold to Spain yesterday.
Hirsch, Liilenthal & Co. have Issued q
CIRCULAR on National Lead.
H. H. Rice has been elected a vice.
president OF the General Motors Corpora
ton; NJ. l. Prensky elected treasurer to
succeed Mr.. Rice and Frank Turner takes
Mr.. Prensky's place as comptroller. Z.
W. Proctor and ]. F, Porter have been
elected assistant comptrollers and w. w.
Bacon. J. II. Noble and A. Bradley. as
sistant treasurers OF the corporation.
Kelly Springfield Tire Company stock
holders yesterday authorized a new issue
OF $1,000. 900 OF per cent. cumulative sec
ond preferred stock, increasing the capi-
talization OF the company from $4,000
800 to $50, soo,Soo. portion OF the stock
will be offered to present stockholders for
subscription.
The sun., 1919-07-12
"Modern MiIIer's" Outlook.

CHICAGO, July 1.-THE Modern Miller
says to-day: 'Threshing returns are
disappointing as to yields. There is
much shriveled grain, because OF I'M
favorable weather at harvest. but near
ly all States where threshing is under
way show abundance OF good grain.
Losses have occurred in the north
west from blight and black rust. the
latter confined mainly to South Dakota.
Scarcity for irrigation has caused heavy
losses in the far northwestern States,
including Montana. Prospects indicate
further reductions in estimate OF winter
wheat production"
The sun., 1919-07-12
No New Ford Company.

MOUNT CLEMENS. July 11.-Edsel
Ford, president Of the Ford Motor Com
pany, stated that the new stock purchase
mobile company formed. az had been
planned by the Ford family and an
nounced IN California last March.
Wages, he said. would be increased
from time to time. but he declined 70
confirm the report current among GER
tain Ford employees that a 81 minimum
would be put in effect soon. He also
declined to state the price paid for the
minority stock. The Ford family now
holds SO per cent OF the company's
stock
The sun., 1919-07-12
STEEL AND FURNACE MERGER.
Otis and Cleveland Companies
VIII He Consolidated.

Arrangements are being made for the
consolidation OF the Otis Steel Company
and the Cleveland Furnace Company IN
der the name of the former organization
George Bartol. president of the Otis
Steel Company, will continue to act In
that capacity. and William G. Mather,
president of the Cleveland Cliffs Iron
Company and vice-president and direc-
tor OF the Cleveland Furnace Company.
will be chairman OF the board OF the
new company.
The new company will be organized
without bonded debt and with an initial
outstanding capitalization of about
SIS. 100000 par value per cent. cumu-
lative preferred stock and All SIS shares
of common stock without par value.
The sun., 1919-07-12
JERSEY SETS MOTOR RECORD.
Registered May he
Double of 1918.

TRENTON. July 11.-More automobiles
were registered with the New Jersey
Motor Vehicle Department In the first
six months OF this year than during all
of 1913 according to figures supplied
to-day by Walter L. Dill. commissioner.
There were registered during the first
six months OF this year 1861 pas
senger cars and 1850 commercial veh-
icles while 202, 63S drivers licenses were
issued. During 1918 registration was
made OF 139,7SS passenger machines and
1876 commercial autos. and drivers
licenses were issued to 201.022 persons,
The sun., 1919-07-12
Pesos Go Down.

MExIcJ CITY, July IL. - Newspapers
of this city printed this morning records
of foreign exchange transactions show
ing that drafts on New York were
bought at 80. or par at two to one, for
American dollars and sold at 49%
which is less than two to one. which. 1t
was pointed out. is significant. as dur
ing the last six months OF 1918 the ex-
change rate lowered around so. which
meant that the Mexican peso was worth
so cents in United States money instead
OF about 80 cents. its present value.
The sun., 1919-07-12
URGED TO VISIT LYONS FAIR.
American Manufacturer Told Of
Many Business Attra ctions.

American exporters and manufac-
turers are being urged to attend the in
ternational fair TO be held at Lyons,
France. October l to is, by Ernest
Perrin, the official representative to this
country. Mr.. Perrin has Offices at 3
Park Row and announced that applica-
lions to exhibit will be received until
July 81.
Special sections will be reserved for
machinery. electrical, and food products
exhibits, he said. Buyers and exhibitors
from all the allied and neutral countries
will attend, and a special effort will be
made to interest American trade.
The sun., 1919-07-12
Guaranty Trust Open. In H.vr.,

The Guaranty Trust Company OF New
York has received permission from STATE
Superintendent OF Banks George I. skim
ner to open branch in Havre, France.
II was stated by the company that It's
business In financing cotton shipments
from this country to France made the
opening OF q branch at that port. In ad-
dillon to tho oompanys once In Paris.
necessary For similar reasons a branch
was recently opened in Liverpool. Eng
land, in addition 10 the company's once
In London.
The sun., 1919-07-12
meet Prenderga.t Director.

William A. Prendergast, formerly
Comptroller OF New York. has been
elected n director OF the Bank OF Cuba
in New York The Bank OF Cuba is a
State bank. which in 1916 succeeded the
agency of the National Bank OF Cuba.
Mr., Prendergast Is the president of the
New York and Honduras Rosario Mininq
COMPANY
The sun., 1919-07-12
Has Pront Sharing Plan.

DETROIT, July 1.-THE Detroit Jour-
nal to-day says 1t is proposed through
the reorganization of the Ford Motor
Company to make It possible for EN-:
ployees to share in the dividends. The
Journal quotes Henry Ford as saying
by making 1t cooperative company
we propose to mako It possible In the
future to divide the melons that have IN
the past been cut with the minority
stockholders"
The sun., 1919-07-12
Bank of France Statement.

PARIS, July II. The weekly state
ment OF the Bank Of France shows the
following changes: Gold in hand in
creased 4.85s.01s francs. silver In hand
decreased l.172,SsS francs. notes In cir
culation increased 355.145.6s0 francs,
treasury deposits increased I7,llS,O72
francs. general deposits decreased 1877
s7o.1ss francs. bills discounted de-
creased 45.sss.sSs francs. advances in
creased 6,32s,s4T francs.
The sun., 1919-07-12
Di.mi.ses Grain Rate. Case.

WASHINGTON, July 1l.-Complaint OF
the railroad commissioners Of North Da-
kota that grain rates between North
Dakota and Minneapolis. st. Louis and
other markets were unreasonable was
dismissed to-day by the Interstate Com
merce Commission.
The sun., 1919-07-12
THE NORTHERN PACIFIC TERMINAL
COMPANY OF OREGON
First Mortgage SO Gold Bonds,
In

The Farmers Loan and Tru.t comn,nv
as Trustee under tho MortEaEe made nv
The northern Pacific Terminal Company
OF oregon, dated January !, lss1, solicnb
OFFERS OF bonds for the sale to the Sinking
Fund under said mortgage of SO many
oohds OF said issue as tsI.7S7.2o applicable
10 the purpose viii redeem at not exceed
Ing a premium of ten per cent upon the
principal and that 1t will purchase said
PONDS TO the extent OF tho said 367,T67 30
lowest price or prices. not exceeding tho
rate above stated.
.Oners or bonds gust be presented before
II n. on Tuesday. July 18th, isls' and
should be directed as follows:
proposals TO Sinking Fund OF The
Northern Pacific Terminal Company Of
oregon. The Farmers Loan and Trust
company. 1879 william Street. New York
THE FARMERS LOAN AND TRUST
COMPANY, Trustee
BY EDWiS s. MARSTON, President
Dated New York. July I, 1919
The sun., 1919-07-12
To Use 2so, 900 Tons OF steel. .

MONTREAL, July ia contract for
$4,000 tons OF ship plates. requiring
five years work and construction OF q
large rolling plant at Sydney. Nova SEQ
tia. for about 100000 was let to-day
TO the Dominion Steal Company by the
Federal Government Il was announced
BY C c. HallAntype. Minister of Marine.
The sun., 1919-07-12
Custom House Receipts.

Receipts for duties at the Custom
House yesterday were s756,lS732, OF
which Sl39,4S430 was for merchandise
withdrawn from bonded warehouses and
,S6le.763o2 for recent importationA.
The sun., 1919-07-12
Mercantile Trust 10 Move.

The Mercantile Trust Company will
open for business on Monday morning
In its new quarters at lis Broadway,
arranged by Alfred c. Bosom. srchi-
tect
The sun., 1919-07-12
ovsrsub.ersbe Dutch Indies Loan.

AMSTERDAM, July 1.-THE Neither
lands Indies per cent loan has been
oversubscribed TO the extent Of $1,000
coo forins. A fiorin In normal times il
Saual % about 30 cents. The loan oriRi.
ANY called Cor lso.ooo.ooo forms.
The sun., 1919-07-12
DIVIDENDS AND INTEREST
The Midwest Refining Company
DIVIDEND No. 10

Quarterly dividend No. 10 OF sI.oo mar
share and extra dividend No. 2 Of so cent,
per share have been declared. pAyAhl.
August l. 1919, to stockholders Of record
al the close OF business July is. 1919.
The transfer books do not close
CLARENCE L. TITUS, Secretary.
Denver. Colorado
The sun., 1919-07-12
June 2srd, 1919.
SUPERIOR STEEL CORPORATION

Az the regular meeting VI the Directors
OF tho Superior Steel Corporation a quar-
terly dividend of 40 was declared on tn.
Second preferred stock. payable August
18th. 1919. to stockholders of record An.
gust LIST, 1919. II. d. SARGE Secretary.
The sun., 1919-07-12
Exports From New York.

Wheat. $4,000 bu.: oatmeal. aoO.sss
OblA
The sun., 1919-07-12
Chicago, Burlington & Quincy
Railroad Company
Denver Extension -Four Per Cent. Bonds,
Due February l. 1879

SEALED PROPOSALS addressed to the
undersigned at its ofice, l35 Dsvonshire
Street Boston, Mass, and endorsed Ton
outside OF envelopel Proposals to sell
c., Il. 4 .. II. Il. CO. Denver Extension
~ Bonds WILL BE RECEIVED UNTIL
Ten O'CLOCK A. NJ. TUESDAY. JULY Is.
the Trustee, TO ABSORB THE SUM OF
ONE HUNDRED EIGHTY-TWO THOU
SAND SEVEN HUNDRED SEVEN AND
Is-lO0 DOLLARS tls2707,73 OR ANY
PART THEREOF in accordance with the
agreement dated December l. 1881
Proposals will be opened and successful
bids declared July Is. 1919, AND IS-
TEREST on ACCEPTED BONDS WILL
CEASE JULY 10. 1919.
The sun., 1919-07-12
The New England Trust Company

By JAMES r. HOOPER, President
Boston, Mass, July l. 1913.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-12-26
COUNTY UNIT
SCHOOL SYSTEM
Reserve, Mont.
Dec. 4, 1919.

D0c. 4, 1919.
Producers News,
Mont.
| have been reading about the coun-
ty unit school scheme. There are
several things that are not quite clear
to me, and I thought | would ask
through the columns of this paper.
By the Unit System will. the small
districts remain the same as they are
and still have their Board of Trustees
to look after the schools and keep
them up and viii the county taxpay-
ers have to pay to help maintain
schools, such as the schools at Plen-
tywood, Scobey, Medicine Lake or
does this just effect the county
schools.
Now [ am for cooperation in most
respects, and if this plan is right,
am for it.
While we are cooperating | be-
lieve that it would be good idea to
put in a State Printing Outfit for the
making of text books for schools and
for state job printing. I believe quite
a sum of money could be saved In
this way.
see that Mr.. S. C. Ford has beer
successful in his tax suit. That look:
good and when man stands out fol
Justice as Mr.. Ford has, his name
ought to be spelled Governor Fore
after the next election in this state.
Well | will quit for now.
Yours for best success,
H. WILLIAMS
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-12-26

Mrs. Barry Stephens of Outlook
was shopping here last week.
Miss Ina Arnitzen of st. Paul was
Plentywood visitor last week.
Wesley Anderson of Flaxyille snent
Xmas at that city with his parents.
Mayor Sid Bennett of Scobey was a
Plentywood visitor Monday of last
week.
The Misses Alice, Cora and Ethel
Lockrem are spending Christmas at
Madoc.
Chas. Clark and Lou States. both
of Crosby, n. D., transacted business
here last week. -
Mr.. and Mrs. Barry Stephens of
Outlook attended the Ball given here
Christmas Eve.
M. E. Ousley of Flaxville was a
Plef5ntyWood visitor this week, being
called here for jury service.
Mr. and Mrs. "Hook" Messenger of
Rainville were holidays guests at the
F. n. Huff home of this city.
Mr.. and Mrs. Joe MCGOWAN, Mrs.
MCGOWAN and Mrs. VIM. Best and
family of Raymond spent Christmas
at the Garner home in this city.
Miss Ida Christensen left Saturday
morning for Williston. where she went
to meet her nephew, who will spend
the holidays at the Christensen home.
Claude temple arrived in Plenty
wood Tuesday enroute to his home at
Outlook. He has been attending the
agricultural college at ,Bozeman, this
state.
Frances J. Madden arrived here
Wednesday and will spend the holi-
days. with his mother ard aunts here
Frances is attending the University
of Minnesota.
Mrs Boyd. who has been seriously
i'll at the Plentywood Hotel, but i
now recovering, was moved to the
Outlook hospital Wednesday, where
she will be under DIR. Manigan's care
Miss Fern Robinson and Miss Eliza
beth Haynes of Glendive arrived here
Monday to spend the holidays at the
Duffy home. Both Miss Haynes ane
Miss Robinson have taught in the 10
cal schools and have a host of ae
quaintances and friends here.
Mrs. Ella M, Hunt returned from
Rolla, N. D., where she was called by
the illness of her mother, last week
At this writing her mother is in 4;
greatly improved condition. He
children. Ella May, Archie and Louis,
accompanied her. from Kenmare
where they are attending school, AM
will spend their vacation here.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-12-26
Miss Tillie Efertz Given
Farewell Party at Outlook

Outlook, Mont On. Tuesday even
ing, the 10th, a farewell party was
given by forty-fve, friends. and rela-
tives at the home of Mr.. ana Mrs. II.
Huser, in honor of Mss Title E.feytz,
who will soon leave for Spokane,
Washington. The evening was spent
in cards and games, after which a
bounteous upper was served. Sever
al beautiful presents We're presented
to Miss Efertz by her many friends
whom regret her departure. Among
much merriment the, crowd dispersed
in the wee hours of the morn, wish
ing her the best. of. luck and success
in her future home. ief
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-12-26

built and build one more, but the
bond proposition failed to carry at
the election, the taxpayers evidently
preferred to dig down into their
pockets rather than to get the district
into debt, so another school house was
built by donation. Therefore we feel
that it would be an injustice to dis
tricts such as ours to have to as
sumo share of the bonded Indebted
ness of other districts and helping
them pay their debt after building
our own school houses.
We believe that inasmuch as the
Big Five as trustees are to be ap-
pointed they would likely be five lame
ducks from five small towns, and
Judging from the attendance ar our
school elections they would likely
hold their job for life. Very little
service could be expected in the rural
and remote districts, some of which
have experienced having their School
Board in town.
We believe that behind the County