davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-12-09
Stocks Advance on
Prospect of Coal
Strike Settlement
Short Covering Feature of
Strong Market; Call
Money Jumps to 10 Per
Cent at the Clos e

The buying movement which got un-
der way in the stock market toward
the end Of last week received fresh I'M
petus yesterday as result of indica-
tions that early settlement of the coal
strike was in prospect. This news not
only caused heavy covering purchases s
by those who previously had sold short,
but also substantial speculative buying
for long account. The market was
dominated by professional traders, al
though signs OF pool operations were
not lacking. The public, however
played very small part in the day IS
trading. Such business as was trans
acted for the professional element
appeared to be chiefly Of an invest
ment rather than a speculative char
acter.
The advance of prices was especially
abrupt at the opening, but, while trad
ing queted down thereafter and
fluctuations became narrower as a rule
signs OF real weakness were conspicu-
ously lacking. A good many traders
had bought certain stocks in the hope
would hand down favorable decisions
in the prohibition and stock dividend
tax cases, and when it became certain
that neither of these decisions would
be rendered this week the stocks were
dumped. Good resistance was shown
to the pressure SO developed, however
and in most cases even the stocks
which were most heavily sold gained
on the days trading. A majority of
the active issues were we'll above Sat-
urday's final prices.
Reports from Detroit and other au-
tomoble manufacturing centers that
motor car plants were closed or soon
would be forced to suspend opera
tions as a result of fuel shortage
caused some selling Of the motor
stocks, but realization that the short
age was likely to be only temporary
brought in enough support to prevent
anything like drastic declines.
Sugar shares were strong again, but
before the close lost most of the ground
gained in the earlier trading because
of large profit taking sales. Copper
stocks also displayed considerable
strength. Apparently the coppers had
been oversold, and they were conse-
quently in a good position to rally on
the first favorable development This
came yesterday in the form Of broad
err demand for copper and small ad-
vance in the price of the metal.
Money was quoted at 6 perd cent al
most throughout the session, but in the
laSC lie" minutes oI traulng tne Tate
jumped to and then to 10 per cent
This happened too late to have any ma
teral effect on prices. If the rate
should remain ut the closing level
however, it might have an important
influence on dealings to-day. The un-
expected advance was explained by the
fact that a greater demand came at g
time when the banks were expecting
heavy government withdrawals and
were besides preparing for the demand
incident to the final installment on the
income tax, which becomes due Mon
day.
New-York tribune., 1919-12-09
The Troubles of Specialist

Lately it was popular in the financial
district to denounce the specialist. On
numerous occasions brokers on the ex-
change specializing in dealings in par
ticular issues have been subjected to
severe criticism for their manner in
handling certain transactions. Some of
the charges may have been true, but
the fact remains that the specialists
themselves oftentimes get the worst
OF it, In fact, few of them are said
to keep a reserve to cover losses from
mistakes in execution, etc. One day
last week, the specialist in certain
high-priced industrial paid a big price
because of the fumbling of an order.
This particular stock has had its way
Of jumping around widely, sometimes
gong up 20 points Or more in a single
session. The specialist on this occasion
received an order to buy 1000 shares
of the stock. He read it to be 100
shares and bought that amount, report
ing in back subsequently that the order
had been executed. Not long after it
was discovered that the order was for
1000 shares. There was nothing for
the specialist to do but to go out and
buy the other 900 shares. But as a
result of sudden jump in the price of
she tn stock, he was forced to pay around
SlS a share more than the cost of the
original 100 shares. When he got
through his loss stood in the neighbor-
hood of SIT 900.
New-York tribune., 1919-12-09
Air Brakes New Ventura

The New York Air Brake Company
believes in showing its wares. Ycster-
day it uncovered for public view one
of its new motor trucks. The COM
pany began the manufacture Of these
trucks last summer. utilizing one of
its war plants for the urpose They
are of new type and 9rc for heavy
trucking. The price is $4,850 f. o. b.
New York. Charles A. Starbuck, head
Of the company, said yesterday the cor
poration will begin the manufacture of
pleasure cars some time next month
The car will embody new features and,
according to company officials, will
give twice the mileage on the same
amount Of gasolene that any other car
In the market at present yields.
New-York tribune., 1919-12-09
International Paper

international Paper common recov-
cred portion of the ground lost on
the recent decline. 1t sold up to rs
after holding around 71A. Revival of
speculative activity here was attributed
to pool operations based on expecta-
tions OF dividend on the junior stock
some time carly next year. Friends of
the stock said that the company will
renew most of its contracts in the next
three months, and at much higher
prices. The company has increased its
working capital approximately 81 per
cent between December 81, 1914, and
December 81, 1918, and earned in that
period, after allowing for the pre-
ferred dividends, S87.12 a share on the
Junior stock.
New-York tribune., 1919-12-09
Steel Tonnage Tomorrow

Tomorrow the United States Steel
Corporation will issue at noon its un-
hlled tonnage statement, showing the
amount of business on it's books as of
November 80. A substantial increase
in untitled orders is expected as the
result of labor troubles at the mills.
The demand for steel products is huge.
Steel men say that if the plants were
operating at 100 per cent of capacity
they could dispose of their entire out
put without difficulty. Production is
necessarily affected by the serious coal
shortage. which reaches to the basic
end of the industry, the pig iron end
1t is estimated on the basis of availa
Bile figures that the loss in pig iron
output from the strikes of the steel
workers and the coal miners will
amount this lear to at least 100000
tons.
New-York tribune., 1919-12-09
A Banking Opinion

Few bankers are to be found who
view the general outlook for business
with optimism. The feeling seems TO
be growing that, since readjustmcnt
OF prices and wages is due. tho quicker
1t comes the better 1t will be for all
concerned. Said bank official ycster-
day: scientists tell US that the earth
originally was great nebulous mass,
a rolling puff Of gaseous matter Then
it started to cool and contract. The
process was not at all orderly The
earth did not cool down to a smooth
ball. The Himalayan Mountains were
thrown up in one place; deep valleys
and depressions were created else
where. The whole face OF the cooling
sphere became a series of great con-
volutions. ! think our readjustment
of business that is bound to come. and
which, l think. will hit US next year,
will see just such rises and depres-
sions as a part Of the process. / am
not pessimistic, but l think the situa-
tion is by no means pleasant"
New-York tribune., 1919-12-09
Santa Cecilia Sugar Earns sI2
A Share on Common Stock

AS result Of operations in the wear
ended July 81, 1919. the Santa Cecilia
Sugar Company returned a surplus af-
ter charges, but before Federal taxes.
OF $3.50, ,o43, equivalent, after 7 per
cent dividends. to S12 share. sion
par, earned on the S1,75O,0O0 common
stock, which compares with $181 .OO7. or
1904 share, earned in the proceeding
year. e
Gross revenue in the year amounted
TO Sl,7e6,3O3, an increase of S554.O28
over the year before. After expenses
etc OF $1,34l,442, depreciation, ETC.. Of
$79,677 and interest of s85,l41. surplus
was was S2o0,043, or $99,O36 greater than
the year ended July 81, 1918.
New-York tribune., 1919-12-09
Money and Credit

Unexpectedly heavy Withdrawals
from the banks by the government yes
terday caused q sharp advance in call
money. The rate, which ruled for the
greater part of the day at per cent,
suddenly jumped to 10 per cent in the
last half hour of stock market trading.
Bankers said that it was unusual for
the government to withdraw funds on
Monday and they could not recall that
such action by the Treasury Depart
ment had been ordered before In some
banking quarters the Withdrawals were
attributed to purchases by the govern
ment Of AZ per cent United States
Treasuary certificates from the pro-
ceeds of the Az s, which were paid for
last week by the banks. Through this
procedure saving of 4 of per cent
in interest would be effected until the
time of maturity of the AIS. Yester-
$65 900.
day, compared with year ago, were
as follows: Per cent
Yester- Year
Call money: day ago
On mixed collateral. .. 6
On industrial collateral 6la
Time money (mixed collat-
eraN:
SIXTY days. ys..............
Ninety days. ............ 6
-Four months. ...-..... 6
Four to six months. 49,.
Bank Clearings-Bank clearings. ir
New York and other cities yeste rdaS
were:
Exchanges Balances
New. York $3.50, ,380,92S $S4,051 81.
baltimore. 15,566,617 7,641, ,97l
Boston. n....... 50,650,331 18,S09,59(
Detroit .:..... 16,493,293 4,815,134
Philadelphia... 68,020,998 16,753,47!
Silver - London, 75Ad; New York
S1.321a; Mexican dollars, $1.00s4.
Sub-Treasury - United States Sub
Treasury credit balance, S67S, ,497; Fed
eral Reserve credit balance, $74,36o, ,s25
New-York tribune., 1919-12-09
"When, As and If Issued"

A certain company. for many years
engaged in distilling regular xxx
brand whisky, is taking orders in Wall
Street for the stuff on when, as and
if issued" basis. If the lid comes off
the contract to buy is valid. If not
the transaction is void. The financial
community spent most of the noon
hour waiting for the Supreme Court to
hand down its expected decision de-
claring the wartime prohibition en-
forcement law unconstitutional. When
it didn't come through the Street be-
came bearish. 1t was a blue Monday
for many people
New-York tribune., 1919-12-09
Mining Suit To Be Rearp,,ed

WASHINGTON, Dec. s.-The Su-
preme Court to-day ordered the re-
argument of appeals in proceedings
oroGght by minority stockholders of
ene Ailce Gold and Silver Mining Com
pany. contesting the sale of the com
pany.'s properties near Butte, Mont. to
the Anaconda Copper Mining Company.
NO date for the arguments was fixed.
New-York tribune., 1919-12-09
In Wall Street

"What DO You Think Of the Market"
A uationai bank vice-president:
MANY stocks are stlll selling on an
inflated basis, therefore must come
down In zine. It Is cot TO be expected
that earnings will keep up at present
levels for any long period"
New-York tribune., 1919-12-09
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
Stocks

Copyright 1919. New York Tribune Inc)
New-York tribune., 1919-12-09
Cuba's Golden Harvest

The natives who inhaffs' the island
Of Cuba will get between s7Oo,O0o,O00
and $S00,000,000 for the new sugar crop
now being ground. The yield of raw
sugar will approximate 100000 tons.
Control is off and the price is higher
have been made f. o. b. Cuba, 12 cents
pound. A Cuban banker was asked
yesterday what Cuba would do with
all the money obtained from it's sugar
II suppose John McGraw and Charlie
Stoneham will get good portion of
it," he replied, adding by way of ex-
planation, that the Cubans are great
gamblers and like the races. 1t ap-
pears that the high cost of living in
Cuba is high, with prospects of going
much higher, by reason of the influx
of thirsty Americans. Cuba is wet and
wide open and expects to entertain
100000 Americans this winter.
New-York tribune., 1919-12-09
A Fat Christmas

Christmas bonuses in Wall Street
will run to figure that will likely
break all previous records. At any
rate, that is what employees in broker
age houses and banks are counting on
The year 1919 will 60 down in financial
history. without a doubt, as one of
the biggest, if not the biggest, in point
of business turnover on record. SO the
army Of employees in the financial dis
trict are hoping for a large share.
They base their hopes on two things:
First, the enormous business that has
been swung during the year, and sec
ondly, the general recognition among
financial houses of the need of in
creased incomes to meet the higher
cost of living. Some houses will give
their employees so per cent of their
salaries as a bonus. In many cases
handsome bonuses will be granted in
lieu of increases in salaries. What
ever happens, the Street workers will
fare we'll. When Wall Street is pros
porous there is no place on earth that
is more generous.
New-York tribune., 1919-12-09
The Dollar in Foreign EXCHANGE

Further heavy offerings of bills
against the shipment of cotton, grain
and other products to Europe again
brought the exchanges of the capitals
OF the Old World TO new low records
yesterday. International bankers re-
iterated that they could see no method
of checking the decline except through
the extension of large credits or the
increasing substantially of imports
from Europe.
Yesterdays rates, compared with
those Of a week ago, follow:
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
On County Records

]. A. Udden and wife to A. F.
Scherston. Lot 2, Lindahl's sub
div, Rock Island. $4,000.
James L. Wynes to Ella F.
Wynes. Lot II, Case homestead
add, Rock Island. 81.
Owen J. Brien to Emil and Fran
els Kushman. Lot 3, c. ]. Brien.
Jr.. sub. div, Rock Island. 81.
Guyer and white to Charles H.
Elmer. Lots 10&11, blk. 211, New
Shops End add, East Moline $3.50.
George H. Thielke and wife to
Mildred CIoidt. Lot IA. blk. 4. NJ.
SchnelIs add, Rock Island. 81.
Mildred Cloidt to Lucia ].
Thielke Same as above. 81.
Mary F. and Edwin H. Potter TO
Louisa B. Peterson. Undivided 1-12
of the VIE of sell & s1a, sw neA
& n12 sw nwA sec. 30-16-4w. 81.
Mary f. and Gustaf Cocquyt to
Alfons and Emma Meullenaere. Lot
3, blk. =, Blackman's add, Moline.
$500.
Alex A. Frerksen and wife to
James Kerr. Part ne of NV of neA
sec. 4-17-1w. S1,700.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
CHAUTAUQUA AT
REYNOLDS OPENS
WITH A CONCERT

The Reynolds chautauqua opens
today. The Cheney Concert COM
pany VIII give the program. These
entertainers and musicians have
given concerts in every state in
the union and come highly rec
commended.
Harold Morton Kramer is the
lecturer for the evening. He is a
soldier, author, traveller and lee
turer. Mr.. Kramer spent a year
in active service on the battle
fields of France and Will speak to
us on the subject, Overseas With
the Yanks"
The Ricketts, Glee club is a
male quartet which will give the
Sunday program. They will give
an unusual number of popular en-
tertainment features.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
At the Majestic.

NaZimoVa, the Incompatible, Is
coming to the Majestic.
For four days, beginning Mon
day, she will repeat her tremen-
dous success in THE Brat" made
for her from Maude FultOn's re
markable stage vehicle. The pic
ture was released for the United
States Sunday, and one day after
wards the Majestic will play it.
Sundays attraction is no mean
one. Mary MacLaren. known as
the American beauty of the screen,
will be seen at the Majestic in
The Weaker Vsssel," a remarka-
BILE dramatic photoplay with plot
filled with strange twists and an
giles. Miss MacLaren's coming to
the Majestic in her new phOtoplay
will doubtless be looked upon as
one of the most intereStir ; screen
offerings of the week.
Tonight, Fatty Arbuckle will be
here in 1.-The Butcher Boy" one Of
his big, funny comedy successes, in
which he is assisted by Al St. John
and Buster Keaton. Ruby de Re
mier will appear on the same bill
in Dust of Desire"
Next Friday and Saturday will
bring Olive Thomas to the Males
tic in Upstairs and Down." a
screaming version of Frank and
Fannie Locke Hatton's comedy
dramatic stage success of the same
name.
Beginning next Sunday. Douglas
Fairbanks comes to the Majestic
in his newest production and Incl
dentally the first under his own
management, His Majesty, the
American"
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
At the Columbia.

Songs Of the COS as they should
be sung, delivered by Ralph Dun
bars six Maryland singers, will be
one Of the joys of the impending
bill at the Columbia theatre which
opens for the first half of the week
on Sunday afternoon. These song
sters, comprising five girls and a
man, sing the melodic classics Of
the Civil and pre-Civil war days,
and that is to say, the southern
songs and anyone who hears them
will get a good idea OF the popular
airs of those troublous times. The
girls are also adopts upon various
stringed instruments and give a
half hour Of genuine entertain
ment. Nick Hufford will appear in
''One Loose Page From the Book
of Fun" He is a young man but
has attained the distinction OF
being one of the best comedians on
the American stage His humor-
Gus efforts are effervescent and
spontaneous and his inimitable
stunts and stage conversations are
deIectabIe and pIeasurabIe in the
extreme. His impersonation of the
''cullud pahsen" is a masterpiece of
which bis other burIesques, all
done in a respectful though fun
spirit, are highly enjoyable. Pat
and Peggy Houton will appear in
"A Summer Filtration" an act
which has for it's principal appeal,
an sair of dainty refinement. These
two performers will be remem-
bered as among the principals of
Al u Il = Trz
musical comedy of some seasons
ago. For several years they were
with the Henry W. Savage musical
comedy forces, a fact which places
them in the front rank of theatri-
cal performers. The gowns worn
in this act by Mrs. HOulton are de-
clared to be the very last word iu-
asmuch as she has just received an
Importation from Paris. Bimbo &
James are acrobats with a Chaplin
ian tinge as they say themselves.
Charles BimbO is a comedian of I'M
doubted versatility and unusual
cleverness, in addition to having
an international reputation as an
athletic performer. In the act, he
dresses and walks like Charlie
Chaplin lending much hilarity to
his endeavors. Max Tauber pre-
sents Beginning of the World"
futurist color play in which Mile.
Laluce is featured. This fantastic
offering is done with the most won
derfuI lighting effects yet contrived
ON the stage. You see in the be
ginning the oceans and the red ball
of a sun. The skies, clouds and
later the wonderful cosmic changes
which take place are. all part of
most pleasurable visual entertain
ment. Mile. LaIuce does consid- !
cradle dancing to punctuate the
electrical novelty, for novelty it is !
in every sense Of the word.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
At The Illinois.

Gorgeous and glittering in it's
new glory OF decoration, the ILL
nois theatre opens tomorrow after
8 long spell of silence. With gold,
rose and white-a touch of blue
here and there-the lobby, foyer
and auditorium are made gay, and
the effect is really very pleasing.
A new drop curtain sets it all off to
perfection, being in itself a work
Of art executed by a famous stage
scenery designer in Chicago. Plush
hangings and leather upholstery
add the final touch Of luxury to
The interior. To fittingly accom-
pany these assets, a five-piece or
chestra has been engaged and will
furnish excellent music during the
entire season for Illinois patrons.
They will play all three shows, a:
2.45, 1870 and o'clock. And thu
musicians have at the start a good
show with which to show their tai
ents. The Frank Rich Stock COM
pany in Safety First" the musical
show for the opening performance,
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
THEATRE

I are guaranteed fun makers and
have a performance which will
surprise Rock Island theatregoers
in tbs newness and originality. r.
Clay Crawford, the manager. has
all OF this summer given visitors
to the Watch Tower park splendid
vaudeville bills in the outdoor
shell. He has had long experience
In the theatrical game, and is thor
ough1y qualified to present the best
of programs this winter. The
theatre under his leadership begins
a new regime, and those with ad-
vance dope think the new session
will be the best thus far. A packed
house for each performance tomor-
row is expected, both because OF a
general curiosity about the newly
opened house and because Of the
faith many people have in the abil-
fly of the present management to
furnish a good entertainment.
At the Palace.
Judging from past criticisms the
new bill opening at the Palace
theatre, Moline, tomorrow, matinee
and running until Wednesday night
promises to be one of real enter
tainment. Heading the list is Miss
Billie Richmond in the musical
and dancing production Cabaret
De Luxe" in which she is ably as
sisted by Helen De Vers. Maurice
Lamar, and music OF the jazziest of
Jazz kind which is capably rem
dered by Richard Georges jazz
band. All in all the Cabaret De-
Luxe should prove ragtimey, plus
speed and entertainment. Second
in line comes Jimmy Lyons, pre-
possessing young chap with a
smile that don't wear off. Jimmy
can't see the serious side of any
thing, and his one great object in
life seems to make people forget
their troubles whether they are
large or small. Jimmy don't stick
to one particular subject but COW
ers a multitude of them in his own
characteristic comedy way. Lii
Iian's comedy dogs are a troupe of
CANNES who stage new and
clever offering. The number two
spot on the bill promises TO be well
taken care of by those who clever
entertainers, Follie and Leroy,
who not only sing but their dane
ing numbers are such that Will
long be remembered by all. For
daring and real ability. Alanson, an
unusually talented young man, Of
fers a novel acrObatic and panto
mine comedy act that stands super
ior to all others. His own idea and
original in every way, this young
mans stuff promises to surprise
goers. Opening this
great bill is the Palace special fea-
ture, Kinogram, which is the very
latest current news weekly and
contains many interesting topics o.
the day. Thursdays bill is one
with a double feature, divided be-
tween Frank DeVoe, late star Of
"Glorianna" assisted by Harry
Hosford al the piano in excerpts
Of musical comedy, and NJ. Tau
ber's Beginning of the World" a
color play performed by
living colors with Nile. Laluce as
the spirit of color.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-08-30
At the RiaItO.

1.-THE Quickening Flame" the
new World picture, starring Mon
tague Love and June Elvidge, sure
has the punch. 1t moves at a high
rate of speed 10 a smashing climax,
and is fascinating in every foot of
the film. 1t tells a modern, up-to-
the-minute story in a way that will
be long remembered by all those
who are so fortunate as to see it.
The Rialto theatre takes pleasure
in announcing that The Quicken
ing Flame" has been secured for
showing today
The most sensational story of
Chinese underworld life ever shown
on the screen will be seen at the
Rialto theatre Sunday when THE
Midnight PATROL" Select pictures
great special attraction produced
by Thomas H. Ince is shown.