davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-11-25
Urges Government
Aid i'm Financing
Equipment Needs
W. Ell. Woodin Says Corpora
ton, Backed by the Fed
eral Authorities, Would
Help solve the Problem

Satisfactory arrangements vail be
made for financing Europe's equipment
needs in this country, provided the gov
ernment at Washington will lend its CO.
operation, in the opinion of W. II.
Woodin. president of the American Car
and Foundry Company, who returned
from o two months trip abroad Sun
day. Mr.. Woodin declared yesterday
that the immediate requirements of
France, England. Belgium. Holland and
Italy would entail the expenditure of
between S400,O0000 and $500 ,OOO,0 ,00O.
which may be raised by the putting
into operation of an equipment finance
corporation supported by the manufac-
turers, bankers and the authorities at
Washington.
This instrument would lend its credit
to prospective European buyers for q
period of from four to five years. by
which time it is believed that the for
eign exchange will have reached n more
normal state and the borrowers would
be enabled to pay their loans with out
heavy loss in the exchange transaction.
"The whole world is denuded of rail-
road equpment,' said Mr.. Woodin.
This condition. while bad in the United
States, is much worse in Europe. The
situation is SO vast that it is impossible
for the manufacturers and tn ebankers
to handle it alone. 1t is a matter IN
which the United States government
should cooperate. | think a plan for
financing Europe's need, can be devised
If everybody works in harmony.
"lt is Europe's present necess ssity that
ls Americas opportunity. No one need
think for a m pment that the E,uropeans
are going to sit still and let US supply
her with railroad equipment after the
present emergency has passed We are
not going 20 get any more of her busi-
ness than tthey feel it is necessary for
them to give us. Urder the most ia
vorable circumstances competition is
going to be keen. But it is not the
future trade that ought to concern us:
plies not only to rail needs, but to
other commodities in which there is II
great shOrtage."
Mr.. Woodin aid that the car scarcity
in Italy had been helped by the de.
livery of 10000 freight cars by the
American Car and Foundry Company
while France had been sble to us a con.
siderable part Of the equipment left
there by the United States Expedition-
airy Forces. France, he said. is SUP.
posed TO get $50 600 cars from Germany
as part of her indemnity, but thee htvf
not yet been turned over. Mr.. Woodif
said he was astonished to find wha,
rapid progress Belgium had made tow.
ard commercial recovery from the
eff fects of the war. He found Holland
prosperous, but hung up with e. con.
siderable volume of German securities
which are now of doubtful value.
Mr.. Woodin stated that he had OBJ
tanned several million dollars worth OF
orders TOR his company while abroad
but said that payment would be mad,
! directly.
New-York tribune., 1919-11-25
Equipment Stocks Move Tn

All the stocks OF the equipment com
panies were helped yesterday by the
statement of w. II. Woodin. president
of the American Car & Foundry Com
pany, that Europe's equipment re-
quirements would entail an expendi-
ture Of between S4J0,OO0.00O and $780,
100000. Baldwin was the feature,
however, and the action of this stock
indicated the presence of & nervous
short interest. The price was bid up
quickly in the morning trading from
l07 to 10, while in the last few min
Ntes there was a further advance to
above 112. II its closing sale Bald
win showed q net gain of 5Fs points
American Car & Foundry gained 2
points, to 1877, and American Locomo-
tive, after opening al 95ai. got as high
at 97l2. Mr.. Woodin's belief that
some plan will be worked out to aid
foreign buyers of American equipment
was regarded as a favorable develop
ment stock market wise.
New-York tribune., 1919-11-25
Canadian Car 4 Foundry Earns
S25. 10 Share in Fiscal Year

Net profits of the Canadian Car and
Foundry Company for the fiscal wear
ended September 30 1919 were 81 S97,-
534, equivalent to S25.16 share. par
value 500 earned on the 81 500 900 pre-
ferred stock. compared to the SO 252.-
SOB. or $4S.26 share, in the preceding
year.
Net earnings for the period amount
ed to $2,993,470, against S4,6l7 800 in
M" year ended September 80 1913
After depreciation of $56S.7l9 and
soo''ll! IN interest. balance applicable
to preferred dividends was sf.ss7 s3l
which compares with S3,252 sos in tho
year before. Holders of the preferred
stock received 1855 250 in dividends
leaving 81 1881 surplus. Prevjou.
balance of S5.83O,172 added 10 that
amount brought the profit and loss sur
plus to S7,06l,556.
New-York tribune., 1919-11-25
The Outstanding Feature

Although security prices generally
terday, Worthngton Pump leaped up
twelve points and closed point below
the high for the day The active
speculation in the stock was associated
with to-day's meeting in New York
OF the mem bers of the board OF di-
rectors. Some professed to know that
the directors would put the stock on
a dividend basis. The aggregate earn
ings in the last three years have been
almost equal to the present market
price of the stock, which closed yes
terday at 81. II has eold as low as
so this year and as high as 1T.
New-York tribune., 1919-11-25
Increase in Studcbacker
Stock Is Approved

At Q special meeting of the Stude-
baker Corporation stockholders rati-
fed the plan to increase the authorized
capitalization from $45,O00,00 to S9O,-
900 600. all of the new stock to be com
mon.
There will be immediately issued
Sl5 100000 new common stock to be
offered to shareholders of record No
vember 30, at l05 Through the rati-
fication of this stock increase the di-
rectors have been enabled to carry out
their resolution to redeem $4,000 900
Z per cent serial notes of the corpo-
ration on January l, 1880
Report of the corporation for the
nine months ended September 80, 1919,
discloses net profits after interest and
Federal taxes of 81 O23,3S6, equivalent.
after preferred dividend payments, to
S21.53 share earned on the 10000 900
common stock, compared with S3,SS4,-
1874, or Sl0-3S share for the twelve
months ended December 81. 1918.
Liberty Bond---s5o. stoo. $500. $1,000
can be bought AID sold instantly.
John Muir \ Co., 81 Broadway.---Ady,
New-York tribune., 1919-11-25
U. S. Rubber Extra Dividend Expected

Evidences Of inside buying in u. S.
Rubber were said to have been de-
tected in the recent break. and the
manner in which the stock moved up
Yesterday was declared to be proof
that several large blocks had been
taken off the market C. S. Rubber
directors are expected to declare g
substantial extra cash dividend after
the first of the year, and the expec-
tation that this Will be done is said
10 be the chief incentive behind the
present buying power. AT it's closing
price OF l22 q yesterday the stock was
up nearly three points.
New-York tribune., 1919-11-25
A New President for L. Pr

Carl Gray, president of the Western
Mary and. is reported to be slated for
the presidency of the Union Pacific
This position is now held by Judge
Robert s. Lovett. who it is reported
will assume the office of chairman held
by him before the government took
over the railroads as a war measure.
Union Pacific directors are scheduled
10 meet to-day. when an official an
nouncement OF Mr.. Gray's election TO
the presidency may be made
New-York tribune., 1919-11-25
Corn Products Plants to Shut Down

The Corn Products Refining Company
is one OF the large industrial concerns
Of the country that is already begin
ming to feel the pinch of the coal
strike. 1t was learned yesterday that
un ess the fuel shortage Is soon re-
lieved the company will have to close
down its Dover. Granite City, Argo and
Pekin plants.
New-York tribune., 1919-11-25
Money and Credit

Call loans were made yesterday all
.hroug the session at 7 per cent which
is the lowest renewal rate since the
Ugh money period of the last fort
night. Some bankers expressed the
opinion that the situation was likely
to remain easier. The improved bank
statements Of last Saturday were re-
flected in yesterdays rates.
The ruling rates fol money yester-
as follows:
day, compared with year ago, we're
as follows: Por cent
New-York tribune., 1919-11-25
The Governments Part

Leading bankers are by no means
agreed among themselves as to the de-
gree of government participation in
new Europ IN financing that is advis-
able, although virtually all now rec
ognize that some will be neces essary.
The feeling is fairly general that Con
grcss should enact legislation which
will widen the authority of the War
Finance Corporation to lend funds
abroad. "The investing pubic" SAID
one leader in campaign for foreign
that the United States government
knows more about foreign credits than
any one else. Therefore, if the gov
ernment would show it's faith in the
European situation by lending addi
tional sums through the War Finance
Corporation it would encourage indi
yidual inYeStorS
New-York tribune., 1919-11-25
In Wall Street
'What DO You Think Of the Market7'

A partner in Wall Street banking
house:
at Is my personal opinion that the
corner has been turned in the cal!
money situation. believe rates are
going to be easier for some time. And
you know the call money situation was
not wholly unrelated to the recent
break in the stock market"
New-York tribune., 1919-11-25
An Encouraging Event

Bankers who since the spring have
been urging the adoption of compre-
hensive plans for financing Europe's
needs said yesterday that they were
encouraged by .he appointment by the
Chamber Of Commerce Of the United
States Of committee composed OF
men with national regulations to deal
with the problem. The crashing Of
exchange rates 70 new low levels last
week stimulated interest in banking
circles in tho foreign credit situation.
New-York tribune., 1919-11-25
The Dollar in Foreign Exchange

Rates on European capitals made
further recoveries yesterday from the
ow levels attained last week. the
movement was due, dealers say. to
technical conditions in the market
rather than to any fundamental i'm
provement in the foreign credit situa-
ZION.
Yesterdays rates, compared with
those of year ago, follow:
New-York tribune., 1919-11-25

Bank Clearings gs-New York exchanges,
$3.50, 0,949,916; balances, S78.573,976
Sub b-Treasury-United States Sub
Treasury credit balance. $780, 714; Fed
eral Reserve credit balance, $73,1lO 78O
Silver-London, 75Ad; New York,
I.36A; Mexican dollars, S1.047s@
l.087a
New-York tribune., 1919-11-25
Bid and Asked

BID Askedl BID. Asked
AZ AZ 2'' cn W. p w.. " So 80, krcse q p' rs
Fay. s, s :. * 4ss g r i. y sS5 ~ ~
= J., Li'lseed pr ~ 70 LW i lst pr 9sl3 looH
Am an l,S,', Sf" pr l0o loc do I'd pr. lot ll5
Al" Am Sm Sn'pDlus pr 90 'Sg DrilaJd pr no "
Ana snun ...ll5 l20 Mammal Beach ea ~
81 St Fdfy pr g2A x x NIa"~, SIat 4 Sn't' q q q
Am Sugar p. llcl2 lls May be ST rr l07 ll0
To 81 pr new 81 81 ~ ~ NIX H rai rMo, pr led llS l9
Am Wool pr 10 y LOB lNiSiMSSM W. OIL Io6
A." Oil 10 NJ 90 'sS ,iHes i sr x IS,a e sSu
Al ~ " pr g. 20 Niaf Pow ~ 43 - loS %
Bad Loco pr l0t L l06 Morris 4 rs ;0,4 "a
i'i rI'' ''n pFloV Io- Nash x Chat. .ll2la ll5
Brown Sh pr .-.A 9yN do nr lo3 iooyy
Burns Burns BIS pr.nt u5 \ r 4 S Or. i03 I0S
BUR 4 sus. D' 70 '9g ~ KR N lst pr ~ le
O. p, + 5 j; s;~ : i
Ca Can PseH soubsrn ps; ;i3s g % DO ls s. .
Gem, Gem q T,,Ss j.i;s siS '3 Z 2 so,s . 10
ch1 q pf Alton 8 T SS''''s $"f $' ~ = T.
C. IS < 3 b ,l .2's i55h owes 10, pr 100 loi
Nw pr. I'D "a 'aiH' do Isl l'aSr oT g g 100 100
csr 60 g p % 4.n q p,t pr pr g s 800 SO
g & s L q ioh. rSgr iSD.'A Msr Dr. r. u 80
(luctt Pea mr. ioy Ia b' prlo! pr bl13 bors
{ & Isl pr 30 % o''' a''nr ~ 90 90 ,a3 a3
Comp i ra,.' 81 80 H. q Pits Coal pr. SO 90
Cont Can pr. l02 t0G g. " ~ ,a M O.'-gi2 A23
treN Carpet. 50 60 u u y, y" y" - - - -
do Or iO7 u 'Oo Rs st spr pr 1867. lo91.
nc.ro ca nr i0n 100 Reading ID rs 36la 5S
Den & r G.. sh Qlt Il 8 = pr - 81 81 :,
l,et Ed son 10 III SS 9w pr ~ ~ 27SS :.
Diamond NJ. .ll5 .,cao h p. 10 "a |. !.
oct IN m lo5 Scars Roo ..2l6 2iS
s. & A W 81 sS p' / Or "a q 70 i5s 5s .
Elkl.orn c pr 40 45 $ p r Sugar 220 2i5 i5
Fed NJ x S iox II Standa'd Mili.lSo l4o
Fisher Body l15 TX Stulcnaker pr IL lOil
do pr lO5 i05la up ; eel pr. 100 lo3
Gen Chem. loo 200 II T. Id tr50 500
Con NJ Cigar pr 'S5 S5. 100 100 do ctts -. y =
do pr deb 90 95 % pr, '... 10 rs
Go'lf'en tr loai,s las Twin C,ty y Z y a. "a Z,
C s lst pr 93 o. Underwood 7 lSo is!
farman Corp S5a. 90 , 90 pr ... lOi ll5
| Int TIar pr ll5 ne y n los St. 100 30
! Int Paper - In IN Cigar st. 10 l40
do pr stpd 70 "a Drug ID pr 1885
Int Nickel pr 90 aylair y ! Al pr 100 lo5
Iowa central 5 x pr iS 80
level Tea pr. 81 Ct ~, ~ 10
'Nnrs Tea 80 70 Vulcan Detn "a %
/ NrFs&M pr. So 63 Wanash pr b ISM 10
/ X City So pr AZ 40 west Nd I'd pr 10 %
Kelly Spr pr aj 9e1a lWest'se VI lst 62 65
! \esey WI pr 80 100 W. son Co pr 90 100
Knok & d 8 WI & L pr 22 "a
N':'s's . Co s. wse~e-'h' g, PA g
DO pr 100 ll2 90 rf ia llSl
Iac"ie Gas IS IS W., " or ~ a6
Lake & w 9 II do pr B.. 20 70
New-York tribune., 1919-11-25
Stocks Ex-Dividend

Al 4 meeting of the board OF directors OF
the Overland Tire Company II was voted
that hereafter dividends VIII be- paid onar-
terly instead of monthly. Action viii be
taken on the next dividend In the latter
part Of December.
F. V. oster. member of the New York
general partnership nths firm OF j. NJ
Byrne S. Co.
New-York tribune., 1919-11-25
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
Stocks

Copyright. 1919. New York Tribune 1no)
Perth Amboy evening news., 1919-02-19

SPOTSWOOD. Feb. 1e-The follow
ing pupils have been onored with
places on the roll of honor for perfect
attendance during the month of jan
uary:
Eighth Grade-Catharine Merz.
Mary Mcrz, Hattie Clark, Walter
James. Elsie Lattsu.
Seventh Grade-Garner DsVoe,
Kenneth Metzel, Gilbert Hodapp, Pc
ter Szymanski. Edward Wenesikey,
Ada James. Gertrude Fisheh.
Sixth Year-Albert Kopak. Howard
Prigge. Jennie Kopak, Margaret
Brown .
Fifth Grade-Harry Chapman.
John DE Voc, John Van Dyke, Law
renee Dinkel. Helen De Voc. Hazel
Dinkel. Rose FEEDER, Sylvia Leibofskey.
Fourth Grade-Solomon Epstein,
Joseph Kopacyai. Dorothy Clark.
Third Grade-F1orence Gilliand.
Veronica Kopacysi. Gertrude Leibof-
skey.
Second Grade-Ciinton Hodapp,
Kenneth Hodapp. William Granger,
Jr.; woodrow Vader. Francis Kali
First Grade-Mary Kopacyai. Lena
Smith. Katharine Granger, William
Metzel.
Beginners Grade-Frank Kaiem-
bra, Stanley Kalembra. Charles
Frenz.
Perth Amboy evening news., 1919-02-19
MATAWAN

Friday night Is ladies' night at the
Columbia Council. Jr., %. u. A. NJ.
and from all present indications the
event will more than meet he eNpcc
lions OF the committee In charge.
ENery member OF the organization has
received "a special invitation TO be pre-
sent and IS urged 20 bring either his
wife. sister, sweetheart or some other
fellows wife 10 the affair. Efforts are
being made 10 make n ven a me-
morable occasion u IL is urged that
every member do his part BY being
present A special entertainments has
been planned n refreshments Will
be served The meeting takes place
at T4S. Friday night. IN The council
room in the odd Fellows Hall
The Il. q. & r. dance held Tn Grange
hail. Broad street last Monday night
a large crowd. People were
from Perth Amb0y. south
Amb0y. Keyport Red Bank and FTee-I
hold. Refreshments were served
The music was furnished by How
lands orchestra Another Is. {. a. r..
dance Is 20 be held In the nea future
Tor which the date will be announced
= short time.
Perth Amboy evening news., 1919-02-19

M0RGANVILLE

Burnett Bennett spent Sunday al
home.
Russell Wooiley spent Sunday with
his parents, Mr.. and Mrs. William
Woolley.
Charles WEIGH. of South Amboy,
spent Sunday at home.
Mrs. Geisei was an out of town
visitor Friday.
Mrs. John Hyer went under an OPP
Grafton Thursday for appendicitis at
81. Peters hospital. New Brunswick.
She is doing nicely.
John Hyer Is home on a short fur
Tough from Syracuse. He visited his
mother at New Brunswick on Sunday
Miss Haywood. of Marlboro. Is
teaching I'm the Morganvilie school.
Miss Kate Hardy. of Marlboro, is
spending q few days with Mrs. Amy
Mrs. Allen BE IS on the sick list
Mrs Henry Becker was a Keyport
Monday.
Miss Helen Van Pelt has returned
home after spending three weeks with
Mrs. Myron Van Peit at Newport
Perth Amboy evening news., 1919-02-19
An Attack of Influenza
Often Leaves Kidneys in
Weakened Condition

Doctors IN all parts Of the country
nave been kept busy with the epidemic
OF influenza which has visited so many
homes.
The symptoms OF this disease are
very distressing ana a the system
IN a run down condition. Almost every
victim complains Of lame back and
urinary troubles which should not be
neglected. as these a nRer signals often
lead 10 dangerous kidney troubles.
lists report \ large sale on Or.
Swamp Roo whit so many
people say o heals aud strengthens
the kidneys after an attack OF grip
SSamp-koot being an herbal COM
pound. has a gentle healing effect on
the kidneys which Is almost tmmedl-
ateiy noticed In most cases by those
try a. DR.. kilmer a Co. Ring
hamton. ~. v offer 10 send a sample
size OF Swamp-RoO1 On receipt OF ten
cents. 20 every sufferer who
e. A trial viii convsnce any one who
be IN nee OF e. Regular. medium
end large si1e Bottles. for sale al all
oruEEtsiA De sure TO mention tAls
pap~r.-Adv.
Perth Amboy evening news., 1919-02-19
JAMESBURG

NlhfSD9i CT mas DceI given
Instructions by the Board of Free
holders that in the future all prison.
ers are to be taken direct to the coun-
ty workhouse instead of to the court
house. This was due no doubt TO the
general mix-up hat occurred some
months ago when two prisoners were
let by the sheriff's department after
Marshal Ffllhower had taken them
YER.
Cashier Milton Voorhees,, OF the
First National bank. will be a MEM
Der of a party that will leave for
Miami, Florida. Friday of this week
for a stay of two weeks, combining
business with pleasure in the outing
Mr. voorhees, goes in interest OF the
large lumber holdings of a company
OF which Joseph M. Perrine, of town,
is the largest holder. DIR. w. j.. Truck
of Freehold n Joseph NJ. Perriae
will be members of the party and will
be joined by Samuel e. Perrine. who
is at this time seeking health n the
south.
william Scarlet, of Philadelphia,
who has been critically i'll with an at
tack of influenza, is getting well o.
ly. He is a brother of Mrs. VI. I. Voor-
hees, of town. and a former resident.
The Italians of America, the newest
of local beneficial societies, are now
meeting regularly in Mechanics hail
thursday nights.
Robert Reid. who has been a pa
tient at the Mckinley hospital, Tren-
ton. has returned home. much i'm
uary.
i John kirkpatrick has signed n con
tract for the delivery of an enclosed
si-cylinder automobile of the latest
type.
Milton Mcdonald, of Jersey City,
was a week end guest of his parents,
M. nna Me- OH rlaa NFaIlA..l -
the Home for Boys.
Local industries are maintaining
the one-hundred per cent standard in
regard of accomplishing soldiers re-
turning from the camps and battle
fronts. The First National bank and
the George w. Helme Company have
re-empioycd every n leaving for the
defense of their country on their re-
turn. Almos a dozen have been
given their old positions with the lat
ter firm. while two, all that went
from the former concern arc again
on the poyrool.
Word has been received from MIR.
and Mrs. Harry Malone, from Grey
Cliff, Montana, telling of their safe
arrival in their new western home.
Mr.. Malone was recently discharged
| from Camp Upton, N. Y. to take up
his snt;es on hts y-athor's ranch
A big time is scheduled at the
plant of the California Loading Com
tPany at Runyon Thursday night of
ais week, when an elaborate dinner
dance will be held in the commissary
OF h plant. 1t will be a sort of re-
union of the war. workers in this Sec
tion and promises to be Il big aS~-
thai will be attended by many imp 1rI-
ant personages in the munitions line
that wereresponsible for the success
OF h plants adjacent to the newest
one. Invitations have beer received
by local people to attend and many
employees from Jamesburg will grace
the occasion with their presence.
The congregation of st. James
Catholic church will have a good time
on the night of March nth in ST.
James hall. when the annual dance
sociable will be held. Good dance
music will be present and all will be
assured a good time.
Perth Amboy evening news., 1919-02-19
ROOSEVELT

John Minda was fined $40 and doc
tors costs in the recorders court for
beating up and breaking the nose of
Burt Corina.
Tomorrow night the Holy Name So
ciety will have their last euchre be-
fore Lent begins. 1t is expected a
much larger attendance will be there
then at the last which was their
best of successes.
Leon Campbell OF Perth Amboy was
a borough visitor yesterday.
William Dur spent yesterday in
Woodbridge.
Mrs. Clarence Jackson was a Perth
Amboy visitor yesterday.
The nance committee of the mcm-
orial fund met tonight at fire house
no. 2 to receive reports of district cap
tains n the total amount of pledges.
Tonight the general committee will
meet at the fire house to receive re-
ports and make plans for the future.
1t Is likely that an extension of time
viii be given to the to
complete their solicitation OF subscrip-
tons, as the territory was too large to
thoroughly within the time set.
That the quota will be reached is an
assured fact.
Perth Amboy evening news., 1919-02-19
South AInb0y Catholic Club
TO Have Dance Friday Night
M Special corresson<ens.

BD Special Corresron<ers. F.,
SOUTH AMBOY, Feb. 19-The
postponed reception given by the
Young Ladies' Sodality of Saint
Mary's church in the school hall Mon
day night in honor OF the newly FORM
ed Catholic Club. was one that will
be remembered for quite a while.
The ladies in charge are to be COM
plimented fer they have set a pace for
the Young Mems Club which will be
hard to follow.
The hall was decorated in most fit
ting colors with various flag displays
and lighting effects. The dancers be-
gan their series of speels early in the
evening and were rather reluctant to
let the Salmon Jazz band go at a wee
hour this morning.
BY urgent requests the Catholic
Club will hold a follow up dance pm
the w of Washington's birthday in
Saint Mary's hall. This will mark the
closing of large events until after the
Lenten season.
All arrangements are completed for
Friday nights affair and, to those
who were fortunate enough to be
present at the last dance need no
guarantee as to a good time, to those
who haven't as yet been present at
any of the dances you may rest as
sured if a good time is to be had the
Catholic Club will give 1t to o