davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

OfSoa ~ pahMA@oer 04riS ~ tsrst
hsSfsss Church 81 Tuesday Ever
- il Connection with Roger MI
'sssns Club Sale
\ vary Euccessfai saIe was se5c Iaes-
oay Afternoon and evening al M ve.,-
u9 81 the W -nIhrup street Eaatas:
cal''rn Under ,ae aaspsces o. The Ecre-
Wilkins Clah- May preasv erucrnla-
rfea Articles were ou sale ~ bog y
u ,as-se 81 Mss Grace Gay. ME- Etas.
GanAln. MrS Brooks Carter and Mrs
= Saunders PATTERSON IN charge 0f
The cane7- and ae cream nno1A were
Nj "a. : Wilson ana Mrs K 8
Smith MISS ANNE Jones IS arssldp-l.
II the Ecre- Williams LIB and Mss
G-2rr "a Is sec1'nt.r-
IN me ereninx The ThaFAdenon- Girls
presented 8 ace % ia-se acts en-
i9iiei -anrrD T1fe which drew a
.srre a06.e - nd vas E-esI1~ er2rv.a
~ al. -'.1s s-f-InE for fne alar wae
H- a--lst : stldle and r,l- s---v 1rld =,
the ssrtG-eS q the studio r-z-lnr clnrs
5v wftct d MN FOUND has VIE. vas
hu-ncrcns t,-n beginning - end La I
IA Was wei 'ake, and tae play -
celUed great a7pla -ir-
The east 81 characters vas as ri
iuus -hnraas r agv,1 hers ! r,,-7y1,s.
ing sung nol---s1i Dslnie- E-vau
Erone- Rose Cs--a' Ae-S- ms Slsie-, Char
i@'1s fa5i-lEn Fa;tr Campbell. a STD
denf, Scaiaa Stiles, der f7raunls, n J.
iiEzn Elsck Ms. T'e T0rau--a-srlrtll
Cora D.-hr Editl Bronson. Eu;h Red
man Pie-'e T'.SaGtor. Addison Stiles
S'7stR- Ed!.h straw
Musical sseiertJ0ns ware -~,de-es dur
ine the evening by Mss Moran p,Hn-
tE' The cufnu7ltTee - charge If ths
entertainment was yuEdH IN ~ Ms
BruIRH Stiles and Miss Annie St4les.
r-t-side-- VI ne ~lun
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
Chicago Cattle Market

Chicago, ADr.i Il.
E9aS-EeceiplS A.sah Marker s;-oag
asnsss~ n cents higher -ssan yesterday
AN+~1se ESi3-lE-Aa foruc-yw L e
- ~ sa4.-s a'ssAzi- .2S- heE*y wer~-s
1as1Nf- meds1s velEAsS D6AN
hight ~gEnls Afs.d -tal AShi Agn,E Ass
g 1ssi', se~s lEssg z.ln ,ligs l-aslsle
GA1I-E-EecerDls &*an common and
neEIuln Aest sies-S steady - strong
others SLOW i. cents iewer- She s-DCx
sieaaT 70 L csn-s higher rhEr veEier-
day : BEST r-De SAils sfeH6v Stock
ers and teeds-s ---n. Estimated tomo-
,oN ~SS -c1Ty osns steers l&~A0
GE-si bert sier-s 1eza61Esa Buf-ne-
cors snc hs!:e-S 7Ssu LET Gamers ard
cutters Sixta !nla. Veal calves I<eaDQE-a
sfocke-s anG ft.eeer siee-s Se@7kNt
u Z - EeceIp1S = BN Konles
lambs n u Il cenLs higher sheyn sar.nk
ar-eeaisr- Bulk steady . higher Sheea
steady. lis, mated tnrnnr-eW TIsSa Ia<nfs
hEhF arg As heavy 51SaslaAoe casis
lAan Ak. lives Meeluu ARD spas ~
aahS': caiis ana common g.ss1r5h
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

New YORK. April Ia.
MEEAT-Spet arm, Ne. I'd IS eie.
-.asrr exrpr.
CcRN-Spot easy; STANDARD TssN7p
PoEh-StrvnE: mess 55N
LARP-E&refr sfeady, middle vest -
CGTTSNSEEr 9I-Quie. prime
summer l-eilnw Ia
HE TTER-Recsipts ~ 81 tnns. cream
cry higher than extras EFSs; s.r-eary,-
cry extras. p: score. e. n,,srs sI65Re
hacking stock current make Ne 81
ca:
EGEk-I-nsertses -eEe'pts lk.5M cases
fresh gathered firsts northern sectiar
4i4n4si. ue- southern sectiun 4la..
state Pa and nearby western hennsrv
whites ine TO lsscr 5i1Se; stnte. "a
ana nearby hennerT whites ardinarv
10 HE1me 46nN: state, Pa and nearby
hrp~nE 4Sh-i do. gathered h-owns ans
mixed cpiurs 41dsS
PefATeEs-steaar: Prices unchnng-
Cd
CAEEAGE-Cuiet: Florida new crate
4M4sM
SCGAR-Uw stead-- cpnt.1frrs,
rs. fine Sr1nulHied ~
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
vance. although ether L-ans-cantsnents.s

vance alEAe1SH stAer EanS-C1ntnents =
WE'RE dDl nr increased 10 heas-lnes
[ nIfaa States SIeel threw Out NUT,
ef rs recent pressure, making IL high
as; 1urtsFien Of 70 o-4. gam If ~ 81
d -eolnI n the extremely actlEs deal-
-Is,G1--;
Among he si-onensf feafurns WEE
Facif1r Maj. Atlantic Gulf Marine
cemrnun and urefer--a and United
F-Hit. alse Mexican re+re,eurn Texas
{ urlp6ny, Pan-A merlcan Sinclair OIL
BALDWIN LsocsnotaTe- American Lero-
ref5re. General Electric, american
Noe,e1 and Industrial Aicohei
MeIais feathers. tenacrss and -1u1ay
accessorses eanIrl eHies herr l,ynal rr--
eartfens. But food and fertilizers ISSUES
wers ifss pr1Yrinenf. Wiisen Corr1nsnv
rsEcCnE three pants 81 selling ai-- b.
uien 10 dlss sDoIntrnen oecaisis af thH
iew rate of he initial dividend amour
I'd TesierdaF- -aiss amounted IN II
asl shares.
The oend market including L4nHr- y
7ssueE- was hpsliant ~ -saueed offer
inga, Tetsi Rsies. psr value aEyr-zat-
20 s12--7h.xe. '5ld L s bands wer~ I'M
CagnEea IN call
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

rfs Gsr4anrr-dsacvea GYMNASIUM
class .sa have = supOer q 6 o'clork
te,:s u ssresdaY evening a. ne = u L
A sualaz.E. -At-a- yae supoer Sher.
w4A be = Ete-enptEcnn talk by Csca-
SIri.A T exS~cred thzs tAe.e VII
BE- about N Boys ,resenf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
CANAAN

A.bs-- Smith risiFea f-1Tras N
vs.er,'i!le ss--e-sf days tae pas
week
Mrs E.awa-s Rur-me-v " rls-fsnf
nsr sisrc- Mrs DIM Anes In ar
ae;h
Ms Lerwood Iores IF Fatrns1d -
-z.s1-r ,e- vacation with hey grana-
rDesnpr. Mrs Eeub@7 Reed
Mariun Small returned hcrne Sa'-
ursav after q s'sert stay N Waae-
vile and FAIRFIELD
Margaret Peavey arrived hrns
Ss,ur6ar after one week passes n
SkrwhecaE-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

CAiCaEc. Alrl Il
EAEesaesE ~ reEal.e eH hcldnEs
eea&Enea Jas eefE R0rk&f ro0ay After
-ne May deliver. influenced ay nm
Inued wet weather. had reached -he
highest PRICE ierei Vet re,as sE2saa- The
close UR@ heavy IS - L. net auw1-
Win 1Ay Ek - 70 IS snd July La 81
70 1-& Oats finished as To J cent aeWn
In -ra~isaons tie outcome rsngea f-oN
- CENTS decline 10 n cents RGrsnre-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
Business Chances

II TOT HAVE s-Ha To ssen CASH
capital anu would ne interested n open-
inr an entirely new line nj business m
your locality which should ne, 3@ou $ah-
arr ~ 70 81. 80 10 aruuE2r. write ii Once
for rwrtscuizre- Mechanical Machine &
Tool Works. - " "a st. New 1rk
CIV Ny. aprahdlt.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

tspeciasAS reported for The Knaesec
Journal
stock Ta-d-. AR. Ii
MAINE
3. Brighten
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

Cattle ~. sheep !, calves w. hogs fE
TONE OF TIE MARKET
Tard offerings Of beef ca.-3e were
-a1nsr light ann me demand also
was limited, owing - the Jewish tsnl-
lda1s- The-ea was Little NJ no change
n ne market tor he best cattle
but ina poorer --ades were Gau ana
showed some t-act1pnal acreage de-
Zine taacv nesly Steers and oxen
ts~ IF whach we're offered. sesc fer
-s@ls CT with good 10 choice CAT
lie lag Il cts and poor 70 cr1inary
cattle l=9-5 cts The best heza-y
cews and heI.srs brought L 1-aa
- Cts. FAR 70 seed COWS a1--u
= - c.s~. poer - ordinary COWS :
a. els, ana calnsrs ana boioE1x
COWS . l--d s - e-a. Bulls srid q:
= Is
Tssl calves we're unchanged vii.l
NE -eneipts talrir heavy Goaa
heavy veal seld a, 1917 cts. eith
averaEe vesI fer 1za1s cts. and
cnsrss calves. dr.hkers and cr-aasers
-a1n IT'S. Small calves brought arsm
ss.5 y 81 each.
a @pts sf neEs f-en rhe west
we're sEh;er. bur fairy Euea
supply vas brought . the Yards.
There ~as no mango n the market
I've ,ors selling for ~ I-3a.b - cts.
ana dressed anEs f--rn -, 1-tsH:e CTS.
Fs-r few sheep and lambs were
offered. and ing market pas quiet
and unchanged. sheep a. 7sle cts,
and lambs a Int1 IL cts
The market fer mich COWS vas
lever although there was little
change n the general -ange The
sess heavy mixers scld for absut
s34H6 he. gee5 30 ehe,ceS COWS f7ps6
go and p-e- To ordinary COWS STn6
~ Stock bulls were IN moderate
supply a! xsSa-6.
The live poultry rna-xet was IN
changed, with r-wl .s14a cts.
spring chickens ss@S5 -.s-. and sis
-cassers ae,a2s cts
TUESDAY BRIGHTON SALES
Beef Cartae-w. r. Veal sele G
steers al. lSc. weight Tcse lhs 4. lie.
ccw Al e. and ] COW al 1-.c c.
A, Hartman seid cxen n 1:c,
steers and 3 s.sws at Iac al Be. and
] CEN. al 7-ae- J W Ellsworth seld
. axeh s:4n lbs n l. a-sc. c,w.
: aae lbs. al r. crws. 1859 Ihs. q.
S-4c- j. D SeyioI seid COWS. ism
lbs. at sc, and / ccw. $50 has At 5
e 0aE T. F'crbnsh sole / csw. see
lbs at Ia 1-sc. cows :esp lbs. 1t
BE. and 81 On each acw. SGD lbs. II
se. and q sn COW At &C.
VeA CAlres-etir r. FoFbush snid
calves al /. lie and /. calves
frcm 35eIsc J. " Ellsworth srsd B
calves. iIAe ihs- a. i.c. ]. E. yeraen
seid 6 calves al iac, and 6 small
calves n ksse each.
Hogs " Ellsworth se3d l hog.
4sa lbs. ~ sBc- T. D. Ner.ea soid .
eces, 5se Ihs at - lie. and bsars
SO lbs m Isc 9tfs H Fcr.susf s,osd
! hog at % lac. c. A. Eadmnn sssd
IS hexs at - I-2c. !. fancy hogs. 20
i-.c- and Is hogs al ~ 1-sc-
Mich Cews-J. . yeyisn sold
mixer at Sc.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

Strength -crnes from rsn ii9esfea
ana -h,r-uiEais- assi-nilsfea Nod 4rnds
Ssrnnr.ils tone. the digestive crEans
ana tlyus tfuiids up the sf-enEN- Va
ave setting run aeun h~gfn taking
Iio,,a's nj svne-e II csses ne5re- men-
tai and digestive ssreng7h.-Aas-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
6ASSIf1fD AID
[RATES-'
s,y.SLE N ADVANCE

xu-, sa- , siHsss ssnnneunse
~.-s s=- S times ssnsscSess@
:, nrs-lans pro f1A
".-as-,ert talesn fur eazo
s.rrss for this e3zEs q
L,-,-1s1nc are too snail -
[arsn,v charge On sar boaR
-mu, Inc words n ysar ID
\ xnd 1azmat with yer
nsrisv zdvutising a das9-
1 ,are .5-o ad6tisaa to
ri -..Ss.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
WALL STREET

WALL STREET
Reported by Hayden. Stcne 4 Co
Members New = o-k Stork Exc.. Bog
-an Stack Exc. New Ynra Ca.tar Exc
t-hicaEe Board OF T-aae- l'nr-l and
Branch Office 1sa Middle ST New Enc.
lAnc Telephone S. lk6s
WA Z PORTER. Ag:
New York Stock Market
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
LOST

PoCKE- BOOK c TaTV7V >
glasses ana ar tickets Finder rissase
lease 81 JeuT-aal effics- apr1SaEf-
BLACK SPANIEL E.eaz SANIE
EicA. Ne ee-aT on. Telephone Itsi-J
an laal y =
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
To Let-Hauses and Rssuns

t0 AGt-00160 a. UkS
T~EMENr eF su accXE- IN
g1i-s =: L1nrrla- Are.- Ga.1zner-
aprisEw.
TWO LARGE FTRS1sHEo ROOMS.
modern runrsaasnues. . W-HthroR 81
SIX RooM EcTsE WIFI AL MOI
e-a csnrsnasnuss. Inquire a. III Sewa1
ST aarisa.;f-
FL RH 1SEEl sfapMs. AI11E RN Con
1saasnces- ] He-t-1z Il Tel .t-I
HoL 81 LNFTAz( ISHED OF FART-
y furnished Wy csntEz4ay located: J.
ks-nSbec Journal AEr1aa-
FJaNLSEED COTTAGE, LARzE LIZ
fnE Hsurl, FIREPLACE. TeEanna sr-eene..
east SHIRE Lahe MaTaaacack- DEAR
elnctrar car. Mrs -he E-SmsaeH. n
LArep. Ne. aqr3Sdhf~
l groom E4oJsE n AALowELL
with aat "A and al naasFn cnnvenlences'
haraxz,eo dnnrs throughput Apply &C.
WIZ = Eeid- 81 u a.ar 81. Augusta
NICE ROOMS. MooEEN CONvEN-
isnrss. ---s. Aalsy, - swan st Tel.
Say aprli1Sfe
FERS ISHEl ROOMS also SToR-
ZEE roaIn- = Gresa ST. Telephone
s-4-M au-f5dE
s-1sCCM faCE5E. MODEM 1MTaovEl-
EentS ana sa-x.k.n. Tel asS-4 N
Ereea- a1rtIatt
SUITE cF Two EoCMS TTTd MOD
OF Cur. f5euse- apritdhl-
GARAGE. Also DRF STORAGE
ronR- Tea mls-N. Il Aeivlue 81
-7RoNT BOOM ELECTRIC LIGHTS,
ha1n- With light Housekeeping arTlcEes
: wA1ted. u Chapss street c1'v-
APPS dEw-
FC,R SEASON. SIX BOOM FJEN-
2sih@d cottage m waE- shore of Lake
Cassaasses- Running water. fush clnsei-
t'snnls cou-- lre- rrillk. groceries. eTc..
--rn r--,ilsv r = Earsipn. care Au-
EasLs savings banA apll4nSi~
Ec,cNs, MocEFN CCN1 1ENc
- --,asaav IT Te4, 1i.aA-M apr 4d-w
SUNNY E1cE- ROOM TENEMENT
watsr- s7l DEF nnnih- Telephone Nv.
= A eouie a,lr.bGlwls
5-OCsEk NC RooMs wTTE GAS
range, also -'ant -'oam lls1ai-s -
Pleasant -. a,rlad6i"
CR,cTSf7TD y Q { 4 Z 7 L p y &
sulte APRIL = q Cailu st Ap-lnda -"
Tran SILENT CR FIRM ANENT AC-
COMMUNICATIONS al Buwdpin Inn Large
roorls- e1celent lining ssrvice. Gail
4a.-M aq3d:t
TWO 81 REN-s -ocr RENTS FroF
ne nensy. Il X. ra1lnck. sarsst
SMALL ECNGA-eW FVoa! sAASOV,
north shore Lake Coenosseecontse- T.
Fe-nsT7e. Aeyes landing, Il Ir-hr0p.
=. T. = @ aa3cE
FIX ROOM TENEMENT WITH Bat
On Stale st-ett- One sever reon rf.n:
with bath. ELECTRIC Lights. gas ana COZ.
range, turlnce. IN cEnr-a- lncat3an.
Nay Isl. one sIasm heated affire On
Narsr street AlEast1 E.sa4 Estate
AssuCia-iun. z7rad.
LcwEE b-RoCM TEN ENENT. FTs-
2isher. IN MssT,ile street Low rent -
TWO persons From soou. trg; MAY %
Csc, obeT Address Furnished Tenement
care Journal office apradrf
SMALL HOUSE IN EALOwEA
las Il smHil garden sDot. Apply u ".
+ Ee--7 th Second ST.. Ealcwen.
apr.di::
Small TENENEN- X HALO
well. Eardwood aoo-s. eiecr--c lights
ana other cnnvenIences. Apply % ".
z Perry. Second II nchtokE
NEW THREE. FOUR, FIVE o. SIX
'-oum reasonable -ents, also garage. =.
L AarTey, Glenn View, Augusta
neAzrt.
wAsM ROOMS WITH a WITHOJT
hunsekespln- privileges LadEin:s q,
ce-.g - & E--ura -Oss- Fhune
El-N saaldts
TWO SNAIL oFFlCES, STEAM
he-c ard elevator SERVICE AuguEtz
Trust Ccm2any. aHE3eC,s
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

New York. Apr;i l.
Mercantile paper Ss95s
Sterling Sa-dRy aiis sss
CeEnerraal N-asr bills IN hanks d az
Commercial Se-dAF bliis s.6sI. demand
AZ. cables Asa
FrAurs- desnHnd 81 ca is}es IS
Gtliiders- demand saa. cables ri
lare- demand ~ cataex a.
Mexican dollars -.
Gorernrnel, and railroad bands reg
uier
Time loans strenE. CT days - Days
ana sfx Months 3H7
CAL nuisey sffpng. high e. low e.
ruling rate 6. CLOSING pso a. sxs.-7es al 6.
lAsa foln 8. mink acuenannrex Al
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
AUGJJSfALOCALS

The CnirerzAtss. Aanoc3ntes VIII Anac
m Important bastaua neecrx ta9s
Wednesday, srsnia. x The pa-suazse,
IA State street
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

The aEcreEa e Of lVesinck Z. ErEn-
ION. "A aie-tova and ne Iaca. sas IL utter
house,
g YES E4A nogs l6s4s
LAST week Cattle Isl SHEEN s--
caives 6.ss.. hogs 35N
one rhA- ago Cattle - sheep ssss--k
calves 6s1T hogs .s.s.-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16
PLEASING ENTERrAINMEhr

6Hsss ~ psxAk~der Girls Of Frs,
hsSfsst Church - Tuesday ever.
- ID Connection with Roger MI.
'saFns Club Sale
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

Stenographer
mi. st Marstor &
Tr1s Co, Hallowell.

J Al l1NC- At THE
p w-eEa.a 1-ouss. Sagw.1Erzn-
g, a.1rlSl W
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-16

MA-Ns STeth Al MAEh E
Cattle AZ. sheep !, calves w. hogs fE.
TONE OF TIE MARKET
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
Market Com m ent.

Although their general tone Is OPP
timistic. most Wall Street houses in
their week end market letters continue
to sound a note OF warning to customers
and urge that profits be taken when
ever possible. Clark. Childs a Co, say /:
This market Is nationwide every nook
and corner OF the country are trying &c
discover where profits OF war are con-
cealed and retained. and they are bent
on acquisition of interest in something
that has book and realizable value In
excess OF selling price" Goodbody &
Co say "Of course the bull market
will end some time and, not unlikely.
will have one or more savage breaks
before 1t ends" Hayden, Stone & Co.
say: ''The continued heavy volume OF
transactions with q tendency toward
higher prices Indicates that the advance
of the last two months is not mere
fash IN the pan. hat constitutes the
earlier stages of n major movement"
l.. W. Wagner & Co. say: While We
appear to be favored with a most eX-
traordinary fundamental and technical
situation for a continuous rise in prices
o, speculative securities. one should. we
think, exercise discrimination In making
purchase"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
GOSSIP OF WALL STREET.


The present bull market with its
nearly unbroken series of million share
days violates past experience in that 1t
Is not accompanied by an imitation of
loans. Basing judgment on this fact,
many technical experts assert that the
bulls are on solid ground and that fur
Their progress can be expected on the
constructive side without making the
position top heavy and without increa s.
ing the hazard on account of possible
unfavorahe developments. Investiga-
ton among the brokerage houses. which
during the past week have bought heav-
lily on balance, shows that instead of in
creasing their banking accommodation
many Of these houses have paid of
time funds and actually improved their
financial strength. This has been re-
sponsible for the theory that stock pur-
chases are outright for cash or better
margined than at any time in the last
few years. The suggestion is made that
the West and South are so prosperous
that investors and spectators Of those
sections are putting up margins ranging
from 25 per cent. to 30 per cent. against
the old practice OF supplying 10 per
cent or less. Whatever the explana-
ton, the facts are that much construc-
tive progress was made last week, that
million share days abounded and that
in the bank statement loans showed an
actual decrease OF $12,299,000.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
Over-Extenston.

One OF the plainest warnings against
the danger of overextension ever given
In Wall Street was sent out yesterday
by one OF the commission houses. 1t
says: The chief factor now. as we see
II, is the overextension OF commitments
on the long side for speculative account.
Enormous blocks Of these stocks are be-
ing carried on thin margins 'and when
profit taking time arrives we look for
ward to a sharp drop Then will come
the shaking out OF the thinly margined
accounts and the lambs will have gone
again to the slaughter house. And so we
say you can hardly make any mistake
II you cash your mountain high profits
on Stock Exchange securities at this
time and sit by and wait for the reao-
tion. You can buy them back again. In
any event. It Is a healthy expedient for
every margin Spectator on the Stock
Exchange to cash In and get out OF tho
market and stay out for while. so as
to get his proper bearings once more.
Every stock broker in Wall Street OF
any experience will tell you that the
public does not do this, that II pyramids
its profits, overplays and overstays and
in the end loses money"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
ROYAL Dutch.

Curious cross currents OF speculation
exhibited themselves in the oil shares.
While Royal Dutch shares were making
new high records those OF Next
can Petroleum were under equally
heavy pressure and lost almost as
much as Royal Dutch gained.
Roya! Dutch flashed across the
speculative map yesterday as one of the
chief factors. and much of the interest
in the days BRIEF market centred about
IT. Transactions numbered more than
10000 shares. Royal Dutch gaining ~
and Royal Dutch OF New York 6is. In
this connection 1t is stated that the for
eign syndicate, credited with being re-
sponsible for many OF the orders for the
stock, is gradually Withdrawing these
shares from the market Latest figures
show that there are about III 900 Amer
lean shares in this country. On their
original issue there were 222, 900 shares
here. Heavy short selling by profession
ais was mainly responsible for Mexican
Petroleum's weakness. They met little
organized strength and dislodged the
stock at will. Other oils were irregular
and lower.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
NJ. o. r. and IT. & r,

II was authoritativeiy stated yester-
day by voting trustee Of the Missouri
Pacific that II has increased its hold
inGs in Texas and Pacific to so per
cent. OF the capital stock. This means
that. In addition to the $5.0O0.VOO to
100000 disclosed as owned in 1917
by the annual report OF that year by
VI. o. p, a considerable block was pur-
chased late in 1917. for which delivery
was not made until 1918. The facts are
expected to be detailed in Missouri
Pacihc's annual report, to DO published
in two weeks. The statement that NJ. =.
owns the majority of r < L. stock is
not true, but 1t was one of the pet ideas
of l.. II. Hartman that the ownership
Of 80 per cent. of the stock of one rail-
road in another practically vests con-
troll in tho road that holds the stock
SO while NJ. +. does not own n majority
II al least may be said 10 own control
OF the T. & 7.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27

Recent strength and activity in Phil
adelphia Company stock was explained
yesterday, at least to a partial extent,
by tho statement that in the two months
ended on February % net earnings in
creased approximately sl.165,000. The
largest gain in percentage and amount
was shown by the company's natural
gas properties In which net earnings
were S564,553 greater than they were in
February, 1918. The company's electric
light and power subsidiaries in Febru-
airy gained $i6O,979 in net as compared
with the showing for same month in
1918. Reports continued to state yes
terday that "A strong banking and in
vestment syndicate is interested In the
stock because of inside knowledge OF a
bright future of the company's proper
ties.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
Government Deposits Withdrawn.

The United States Government during
the last week withdrew SIS, 5000. 900 of its
deposits from the local Clearing House
banks carrying the total down to about
$25S,000.0o0. This movement was re-
sponsible for the loss OF $1O.725. 900 in
cash reserve of member banks In the
Federal Reserve Bank, which In turn re-
suited in n s10,60s, 400 falling Off in sur
plus reserve. making that item $45.4S7.-
900. The only features In the statement
Of the Federal Reserve Bank of New
York were the gain OF sl2,5o0. 900 in gold
and an increase of s6,000.000 in United
states deposits. There was practically
no change in the earning assets. an in
crease OF $4,000, 900 in rediscounts and
advances on United States obligations
being offset by a falling of OF $4,000. 900
in commercial paper rediscounts and n
decrease of ss,000,o00 in acceptances
bought.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27

BERLIN, April 26.-The statement OF
the Imperial Bank of Germany for the
period ended April Is shows the follow
ing changes; Total coin and bullion de-
creased 2.li4,000 marks, gold decreased
1,S95.000 marks, treasury notes in
creased l2S,226,000 marks, notes of
other banks increased $4,000 marks,
bills discounted increased 2.4l3.5ss, 900
marks. advances increased 1888. 900
marks. investments decreased l.0l4,000
marks, other securities decreased 340.-
10000 marks, notes In circulation in
creased S78 $685. marks, deposits tn
creased l,7s3.466.00o marks. other liahil-
tiles increased 46,tsl,000 marks: total
gold holdings 1.912.036,o00 marka
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27

Wheat. ?s7,O25 bushels; -four. ll,so6
barrels; tallow. 25s.OOo pounds; eggs.
$500 cases. bacons. 100000 pounds /:
lard. 3l0,93s pounds: grease, 5000
pounds; butter, 165.42s pounds; lubri-
eating oil. 72.5oo gallons.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-27
London Money Market.

LONDON, April 26,-Bar silver. 4S3.d
al ounce: money, g.. per cent; discount
rates. short and three months bills, Sss
per cent; gold premium at Lisbon.
I92.0Q