davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-12-11
Stock Market
Rallies at Close
Of Dull Session
Covering by Shorts Sends
Prices Upward After Day
of Listless Trading: Steel
Trade Outlook

Such interest as attached to yester-
days unusually quiet market was con-
centrated in the last half hour of trad
ing. Throughout the greater part of
the session extreme dullness prevailed.
Light selling. largely for short account.
was in evidence in the early trading,
but while prices displayed a slightly
impossible to make much headway, even
though the demand for stocks was far
from keen. The result was that by
noon the market had quieted down so
much that the turnover was almost
negligible. With the exception of few
issues in which pool operations ap-
peared to be in evidence this condition
obtained until shortly before the close.
Call money was quoted at per cent
until after O'clock but the supply
offered at that rate was not up to the
demand, and in consequence the rate
jumped first to 8 per cent and then to
10 per cent as the end Of the session
approached. Ordinarily such an ad
vance in the demand loan rate would
have been the signal for fresh selling
of stocks, but instead of breaking the
market turned unexpectedly strong.
This was the more interesting, as there
was no news of a favorable character to
account for the change in trend. What
happened apparently was that some Of
The larger short interests reached the
conclusion that the decline was over
for the time being, so decided to cover.
When they began 10 bid for stocks they
found the supply none too large, and
prices were run up rather easily.
Steel stocks were firm as a whole, in
spite of the extremely unfavorable re-
ports of operating conditions. 1t was
estimated by trade authorities tl.at if
fuel restrictions continue for ten days
at least half the blast furnaces will
have to bank their fires. This phase of
the situation was counterbalanced,
however, by the favorable report Of
bookings issued by the United States
Steel Corporation. The corporations
statement showed large increase in
untitled orders, and indicated that
plants will be kept busy for months
to come once labor troubles in the in
dustry and in the coal trade are set
tied.
The stock market paid little atten-
ion to the erratic course of the for
eign exchange, in which new low
~ecords were established.
New-York tribune., 1919-12-11
Untitled Orders
For Steel Expand
Bookings Show Large Increase
in November; Serious Short
age Is Feared

Unflled orders on the books of the
United States Steel Corporation on No.
vember 80 totaled 7.l2S.33O tons. an in
crease OF 6o5,662 tons over the tonnage
at the end OF October. The company's
monthly statement, issued at noon YES
terday, showed larger gain than was
generally expected. This was under
stood to be due in part to the curtail-
ment OF production brought about bv
the strike and in lesser degree to
the restrictions placed upon the use of
coal. These factors served to retard
deliveries.
The untitled orders on hand at the
end OF November were the largest for
any month this year and were onlv
about 100000 tons under the bookings
reported year ago. The record total
was attained in April, 1917, when 12,-
lo5,USo tons were reported
Despite the ending Of the coal strike
late yesterday 'The Iron Age" this week
states that the trade is face to face
with much more serious shortage
tnan that which has been Z matter of
concern for weeks. Thus far, it is
stated. iron and steel producing plants
have been hurt more than those OF con-
sumers. The current restrictions on
output are at present greatest in the
Iltt sburgh distric.
The last week. says "Thc Iron
Trade Review" 'has shown a spread
Of the paralyzing effects of a restric-
tlon of fuel requirements to a degree
where loss of output in many cases has
been more extensive than during the
steel strike. Even now it is serious
question whether the curtailment of
operations already under way can be
arrested in its iirsi stage before free
movement OF coal anc coke supplies tc
crippled plants can be restorcd.''
Additions to the Nordylse g. Marnor
Company's plant in Indianapolis. nov,
nearing completion, it was learned YES.
terday.. will enable the company to en-.
large it's facilities to meet the growinp
demand for -four and grain milline
machinery.
The Marmon company's program Of
expansion calls for a sufficient foo,
sIace to manu- acture cars at the rate
of 1000 to 5000 cars a year. Orders
are now on hand for the maximum out.
put for 1920, and plans for maintaining
similar production in 1921 are undel
| way.
New-York tribune., 1919-12-11
Saxon Motor

Announcement from Chicago ia.e YES
terday indicated that stockholders Of
the Saxon Motor Car Corporation have
taken 32,5o0 Of the 100000 shares Of
no par value stock offered to them
under the reorganization plan. on the
basis Of two shares for each share
held. The right to subscribe expired
December 5. The price at which the
stockholders were given the opportunity
10 ouy the new stock was $3.50 a
snare The syndicate which underwrote
go ahead and offer unsubscribed stock
to the public az a price, it is under
stood. Of better than $3.50 a share.
S'ncc the subscription RIGHTS expired
the stock has been extremely strong
and yesterday it went to 1874, up tx
New-York tribune., 1919-12-11
Selling to Establish Losses

Stock Exchange houses report con-
tinuance OF the steady stream of sell
ing orders from clients to establish in
come tax losses. In fact, it is stated
that were it not for such orders, which
usually involve one to sell and another
to buy the stock back, the volume of
transactions would be much smaller
than it is. This sort of business and
professional operations pretty we'll
make the whole market Pools are
operating here and there, but are not
getting very aggressive because high
money offers a serious obstacle to
such trading Besides it is pretty diff
tlcult to get a public following.
New-York tribune., 1919-12-11
Redemption of Treasury
Certificates Is Authorized

The Federal Reserve Bank has been
authorized to redeem in cash after De-
ccmber 10 and before January next
at the holders option. at par and ac-
c'ucd interest up to the date of such
optional redemption, Treasury ccrtii-
Gates of indebtedness of Series A-1920
maturing January =, it was announced
Yesterday
New-York tribune., 1919-12-11
Reversing the Process

When the market was literally boil
ing over with bullish enthusiasm just
before the November break the profes-
sional traders usually bought stocks
in the morning and sold them out in
the afternoon, thus catching the days
upward swings. Lately the manner Of
trading by this crowd has been exactly
reversed. They now sell stocks in the
morning and buy them back in the af
ternoOn.
New-York tribune., 1919-12-11
Change Seats at 100000

The value of memberships on the
Stock Exchange is mounting again af
ter period Of temporary depression
following the retreat of stock prices
last month. A seat on the big board
changed hands this week, it was re-
ported yesterday, at $101 900, up $4,000
from the previous sale price. Before
the market went into decline seats hit
the high water mark in Wall Street
history at $4,000. Afterward they
dropped as low as $1,000.
New-York tribune., 1919-12-11
Hopeful News

More cheerful news came out of
Washington for the "wets" and Incl
dentally helped the market in United
States Food Products. the former Dis
tillers' Securities. to the extent of a
whole point. The advices from the
capital said that the Bureau of Print
ing and Engraving there had started
it's machinery running twentyfour
hours a day turning out liquor stamps.
This could mean only one thing, as the
Street looked at it.
New-York tribune., 1919-12-11
Money and Credit

Because Of the preparations being
made to meet the December Is pay
nents call money continued in limited
supply yesterday and the rate. after
opening at per cent, moved later in
the day to 10 per cent, where it closed.
Bankers do not look for any immediate
change in the situation until after next
Monday, when the government will
make large payments in Liberty Loan
interest. which will be Offset in part by
the receipt of tax payments. Even then
no permanent lowering Of the call
money rate is expected until after the
first of the year.
1t was emphasized that the enormous
January interest and dividend dis5urse-
mcnts will prevent any large borrow
ings for Stock Exchange purposes
while funds are being conserved to
meet those requirements.
The ruling rates for money yester-
day, compared with year ago, were
as follows: Per cent
New-York tribune., 1919-12-11
The Dollar in Foreign Exchange

The momentum Of crashing ex-
change rates on the capitals Of the
former belligcrent nations of Europe
yesterday carried the decline still
further and spectacular new low rec
ords were once more made for the
pound sterling, Belgian and French
francs and lire. At the close demand
sterling was quoted at 1915, compared
with $4.S666 normally and $4.75, at
which figure it was pegged during the
war.
Yesterdays rates, compared with
those of week ago, follow:
Quoted dollars to the naundl
New-York tribune., 1919-12-11
Money and Stocks

Tight money appears to be troubling
the speculative element more than any
other one thing. The feeling around
the Street yesterday was that nothing
like a resumption Of bullish activity
could be hoped for until call rates get
back again to more normal basis.
Traders don't mind paying 10 and IL
per cent when the market is booming
and there is plenty Of action, but they
prefer to let the other fellow take the
chances in quiet trading affair such
as the market has settled down to. Pro-
fessional opinion again yesterday was
generally bearish. The belief was ex
pressed around the different commission
houses that little relief from tight
money can be expected until after the
turn of the year, as after the big pay
ments around the middle Of the month
are completed there will loom up the
even larger first of the year disburse
ments. which will probably run close
to $500, 100000
New-York tribune., 1919-12-11
November Conner Sales

An estimate printed on a financa
news ticker putting November sales OF
copper metal at $40 900. 900 pounds i.
extremely liberal. Trade authorities
"ho are in position to know, say that
the total metal sold last month did
not run much over l00,000,000 pounds
New-York tribune., 1919-12-11
London Money Market

LONDON, Dec. 10 Money. ~ per
cent Discount rates--Short and three
months bills. SIS per cent. Gold prem
iums at Lisbon, 140.
New-York tribune., 1919-12-11
In Wall Street
"What Do You Think Of the Market? ?"

The most chronic pessimist on the
floor Of the New York Stock Exchange:
when the government is against the
market and the Federal Reserve Board
is against the market and the bankers
are against the market, and the brokers
are against the market, think it's
about time to-buy stocks"
New-York tribune., 1919-12-11
Bid and Asked

An ay ns. Not: y '':s' Is $. e. Is! j II; i!
a ~ AZ Nn pr "o9A y, do ls1 pr. s3b 100
h'fi TaFy Py 81 q oiaia @G I'd D p Is 100 100
"S pc - lIs llsu leai,v al pr Nib i III II
Cot Oh pr 6s II Aiackay Cos. 7o1a Z!
Am Loco lo5 lO7 Mat al w.. 81 40
Am An shin3lds. ~ AZ Max n cd pr S3is ssa
Am snulr .lo6 no May Dep St le3 ia
sun pr ,. ~ Mex Yet m..l03 los
Am Tobacco. 30 Ell MS. ASSN 50 Is
>n do AG'0f Hr " a Nl"Ir. M"p Fsw r r l"9 "9 loa
4 y G ID pr a ,,s1al lNnsh & Chat llo lis
Bar;ct Lea. IS !oi 80 Pr Zig iii
bc'h $ iih pr 80 100 Nat Lead D. 10. il0
HEn Edison.. 80 ali4lN 7 x VI A. III
Brown Shoe. lob los y & s /. "a IS
= q" pr ioo ioJ do Isl pr. ~ 20
burns bros..i2o ~ DO ID m. A. Al
But ~ i. :'S y - 3 L DOSH IS 4 4 81
Buff < sus g. - Norf ot'S < y ''ii pr. cs S." !! =
do pr ...,. As 5oi4 4Ohio Fuel . ,Oiz 521
Bush Term. 81 100 Owens Bot pr 100 lo3
Cal Pack pr l20 Pacific Coast. 80 30
C an SoHthen a. a. ,da5'a 10 Is; pr o. 100
Cen ' Of J 1so 900 Pacific I "a Mail MR Is Is ~ .?
Cent rdFy... 35 Pac Tel & r. 50 36l
=, do pr 90 Am Pet pr 1870 1875
Chi x Alton ~ ,ss Pctu Null. :. 35 55
:, DO pr 49,. IL - do lst or. 100
CSP NJ So4 s. Pierce Oil pr l02iS 1921
do pr ..... 93>3 o5 Pitts Coal pr 80 "a
CCC&s l. pr 65 67 i J W 4 G. ~.
Gu Pea PR. lo9 Pitts steel pr o. OF
Col So. aoA 2o}aP ~ " Va pr - IS
do lat pr. 4Si - Ry y snr pi lo.iA lo-
d" "a pr - - Heading Is. lr - ST
Cont nS Co.. 50 So uo .L NJ. Sist 35i
EreX Carpet. IN 60 : l. ST ~ l3 ii
Ca \ siu pr. H. Scars Rec Or llsN. ils7
I, & " l25 l1O SIS : 4, ] NJ % o.
Dei y a. 'ia S9sS.andard Mn l3p li0
bet Edison. ll5 do =. - sj 90
Diamond n; .llS Sup Steel pr 100 Ipi
Det In nN lea T & + id tr 800 200
X A. 3i2i ridewater Oil 24O go
-, do pr ...i 10 Tob Prod pr l01 1914
Elec 81 Bat loo 40 lTul l. a. ! II
Elkliorn pr. rs 40 do ctfs - lOia III
Fisher Body. l25 l25 do pr . Is -
Cen Chem pr. 100 l02 do cts pr Is o5
Gen Cigar pr 80 Is 100 Twin City Il T 50 Al
NJ No. s,sl do pr 49,. 81
do pr ..... 20 q Underwood T.la0 200
lst 80 39 do Or los lis
Int Har pr. has lis Tn Bag & F. sla. e5
Int Paper pr 90 10 Tn Cigar ST ll5 a25
do pr stpd. - ~ do pr ,-...ll0 l4O
lnt Nickel pr 92ta 93l3 L Drug ist Or 81 y. -
Int SAT- .... IL do I'd yr l3S,,
iowa Central. L s Express. 2si. "a
srnes Tea ,, 70 V 5, Al ur u0 l0J
NCiS&M II. - 1S IL 6 RITZ 4 | saJ, Al
Kelly Spr- pr ~ 9sia Va Car Ch Or lls IA
do pc pr. l02 los Va C. a. c II 30
Kelssy V'll pr 81 80 Vulcan Deti.l a -
keoN < NJ. S do pr - - 9a
g., s Co. - s. wilson Wis g e 49, ps ~, ~ ~
10 pr 49,. ~ W q l. pr IL 1S
Like +. 4 " 10 yvis Cen.,.'. H.. * * q q
kresgo 5 $ .i3o l1u Woowor,h l23 ia
90 =. l0o lo9 do p. .....lla. ll5
Ligs NJ r..-oi -o' '"P X D: A 81 96
do Ur b. 20 Is
New-York tribune., 1919-12-11
Practical
Exporting
DRACTICAL EXPORT

u llN0 pIeSupposes that
the exporter IS prepared to
avail himself of the fullest
facilities at his disposal for
meeting the financial re-
quirements Of his transac-
ton both at home and
abroad. Ehcien. handling
of matters affecting hnanc-
ing. credits and collections
means fullest protection
for yourself as we'll as a
satisfied customer.
When exporting to the Orlen,
the full facilities of thus Office
and our branches at Yokohama
and Toxic. Japan. and Shane-
hai, China, are at your service.
Branches at Seattle and San
Francisco IN the United States,
and at Paris. France.
New-York tribune., 1919-12-11
.fnrlS 4 Noble Theodore C.. Corwtu
NOBLE & CCRWIlv
70 HroaL 3t New YerA 3
Chase Natl Bank |
STOCK K RIGHTS
Telephone I'LL Broad

Bankers Trust Company has bceA ap-
pointed registrar of the class a and i
BtOcks OF the Granada Oil Corporation.
Owing to the heavy oversupscript ION OF
{ he Offering of Montgomery. Ward & CO.. II.
II. Goldschmdt & Co. announce that the
syndicate has been closed.
New-York tribune., 1919-12-11

,Fredick II. Wandelt has been elected
vlce-president and Howard ). Steib
treasurer .ie Of the Textile Banking Corpora
New-York tribune., 1919-12-11
Philadelphia Company

One of the strongest spots in the
market yesterday was Philadelphia
Company, which moved from 32ia to
3412. closing right at the top. This is
a public utility concern that, surpris-
ing as it may seem, is actually maxi
ing big profits. Its profits. however,
ere coming from its oil and gas prop
erets rather than it's traction hold
lngs: Recently a big block Of the stock
has been overhangng the market. Yes
terday it was learned that this stoc,.
has been sold privately at S33 a share
The company will earn approximately
13 per cent this year, or around $3.50
share on its $50 par value comm on
stock, as compared with 9 per cent, Or
$3.50 share last year. 1t is paying
dividends at the rate of per cent, or
$3 share. Plans of the management
are said to contemplate either an in :
crease in the rate to 8 per cent next
spring or the declaration of a sub
stantial stock dividend. The latter
would be contingent upon what the
Supreme Court decides as to the tax
ability Of stock dividends.
New-York tribune., 1919-12-11
Going Up

Prospective buyers Of motor cars lc
they hesitate too long will likely have
to pay higher prices. Financial in
terests close to certain of the large
automobile manufacturers intimated
strongly yesterday that most of the
motor companies would slap fat in,
crease of $100 on the selling prices OF
their cars around the first of the year,
While this was being put on the wire
yesterday word came from Boston that
several prominent companies have al
ready told distributors that an increase
would be made within thirty days.
Motor stocks as rule moved up or.
the news.
New-York tribune., 1919-12-11
Coal and Wall Street

Curtailment of activities in the
financial district because of the coal
shortage furnished the street with
something to talk about yesterday
when the market was dull. There was
a good deal of confusion around the
district as to just what the authorities
wanted done along this line. Chicago
reported that the Board of Trade would
go on short session beginning to-day
The New York Stock Exchange gov
erning committee met and voted the
committee on arrangements authority
to act in the emergency. The ex-
change, like most Of the big buildings
downtown. uses anthracite coal. Mem
bers Of the exchange talked about d
possible closing Of the board at 2
o'clock. an hour before the regular
closing time. but whether that will be
necessary will depend upon the
authorities. Curtailment of lighting
facilities would be even more serious to
stock exchange houses than a shutting
off heat, for owing to the large volume
Of business of late the CLERICAL forces
have been working long after darkness
falls.
New-York tribune., 1919-12-11
London Board HOLIDAYS

LONDON. Dec 1O-The Stock En-
change here will be closed December
20, 26 and q and January /.
New-York tribune., 1919-12-11
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
Stocks

Copyright, 1919, New York Tribune Inc.)
CtrcLu
Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1919-12-10
DorNcs OF THE COMMON COUNCIL
Viroqua. Wis, December 2,

Viroqua. Wis, December 2, 1919.
Regular meeting of the common council
called to order by the Mayor. Members pres
ent Aldermen Anderson, Larsen, McHenry,
Moore, Nelson and Parker.
Minutes of previous meeting read and APP
proved. The following accounts were read.
approved by the finance committee and upon
motion allowed. Roll call of members all vOt-
ing aye. N
Accounts. Cash refunded to F. NJ. Minshall
for IL rolls Of adding machine paper $685.
f. ]. Older SIPS, Joe Kinserdal zoe, james
Snodgrass sI.93, Gilbert Walling $l.5S, Hen
~ johnson sI.23. Pearl LePage S3.50, Roy
Ditman Sass, Ludlow Valve Co. S475.57, W.
A. Roosevelt Co. S4043, +. NJ. TOwneT 81.
Standard Oil Co. $Ss.S6, c. M. Clark 81.
John E. NuZum & Sons sl34.94. Financial
report of the city treasurer fer the month
of November was presented, read, and by
motion Of Alderman Nelson and second by
Alderman Anderson, was accepted, and order.
ed placed on file showing balance on hand
Of S59S0.40.
II was moved by Alderman Parker and sec
onded by Alderman Anderson. that the pro-
position of purchasing a chemical fire engine
be postponed for week and the mayor
appoint a eommitte e of three. two aldermen
and the chief Of the fire department (which
is the mayor TO draft specifications and sub
NIT the prospective bidders and have bids sub
mitted at the next meeting. The mayor APP
pointed as such committee, Aldermen Parker
and Anderson.
Upon motion the council adjourned.
f. J. OLDER, City Clerk.
Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1919-12-10
The CONDUCTOR
PAID OUT HUNDREDS
NOTHING HELPED HIM TILL HE
TOOK TANLAC-GAINS TWEEN
TY-TWO POUNDS

81 have not only gotten rid of one
of the worst cases of stomach trouble
man ever had. but l have gained
twenty-five pounds in weight besides,
and you may know by that what |
think of Tanlac," said Robert Surges
of 663 Herman street Burlington, Wis
consin, in a conversation with a spe-
cial Tanlac representative at the Cen
trail Drug Store, in Milwaukee, recent
ly.
Mr. Surges, who is running as con-
ductor on the East Troy and Burling-
ton Electric Line, between Milwau-
kee and Burlington, had been with his
company for many years.
For the past thirteen years, that
is until Tanlac Strengthened me up"
he continued, my stomach had been
in such bad fix that | could not eat
a meal without bloating all up with
gas, and many a night l have been
up walking the floor on account of
the misery caused by it. Last winter
| was in such a bad shape and so run
down that it took me twenty minutes,
after leaving my run, to walk home,
a distace of only four blocks. / was
dreadfully short winded and the gas
pressure on my heart was frightful.
/ was very bilious and had frequent
dizzy spells and terrible headaches.
l couldn't sleep, was afraid to eat,
and had dropped down fifty pounds
in weight. and hardly had energy and
strength to ring up the fares on my
car.
81 have been treated by specialists,
took all sorts of medicines, and paid
out hundreds of dollars trying to get
something to set me right, but moth
ing seemed to reach my treble until
got hold of Tanlac, and this medi-
cine has proven to be just what have
needed so long. / am never troubled
with gas on my stomach, pains, short
ness of breath or any other bad feel
ings after meals now, and / can sit
down to the table and eat just any
thing and enjoy it. l sleep good and
sound every night and have gotten so
strong and well that my work is no
trouble to me any more. am just
like a new man and have heard lots
of people who ride my car remark
about my wonderful improvement.
Tanlac is great and | have the best
of reasons for praising it."
Tanlac is sold in Viroqua by G. F.
Dahl, in Genoa by Gus Zabolio Co.,
and in LaFarge by Jos. Weisner.
Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1919-12-10

Try the coffee at the Unique. 45tf
Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1919-12-10
THINGS IN USE TO BE TABooED
Warning Sent Out BY the State Board
of Health
Especial Correspondence to the Censor)
Madison. November 25. 1919.

Madison, November %, 1919.
The use of the styptic pencil and
lump alum in barber shops is still
followedin some Viroqua barber shops
as it is in other places, as a recent
visit by a state barber inspector dis
closed. Prompt discontinuance of the
practice was enforced by the official
The custom is absolutely prohibited
A rule of the state board of health,
having the force of law, declares that
"No barber shall, to stop the flow of
blood, use alum or other material
unless the same be used as a powder
and applied with a clean towel or in
liquid form" Patrons of barber shops
who see the styptic pencil or lump
alum used should inform the barber
division of the State Board of Health.
The rule against those abencies is
solely in the interest of disease pre-
vention. Germs in the blood coming
from an infective sore adhere to the
caustic used to stop flow of blood
from cuts, and are easily transmitted
to the next customer upon whom the
saome material is used. 1t has been
shown that nitrate of silver, one of the
most powerful caustics, Is not sutfici
ent to destroy the infectious agents
LndI duHeIS 10 II amer II Is dppilSN
to an infected sore The repeated
use, therefore, of any ordinary styp-
tic in barber shops is regarded as I'M
sanitary and dangerous, The rules
allow the use of alum as powder or
in liquid form.
The most insanitary and dangerous
practice, now being outlawed, is the
use of the same towel, without re-
laundering, on more than one custom
er. Instances are found where the
same towel is used all day without
relaundering. This practice which is
absolutely prohibited, is responsible
for the spread of certain loathsome
diseases and BARRIERS itch. When the
face is inflamed or broken out, or con-
tains pus, the same towel used on a
second person without laundering is
very liable to convey disease. Tow
els must be relaundred for each Gus
toner. Any patron of barber shops
observing a violation of this rule
should report it to the Barber Divis
ion, State Board of Health, Madison,
| Wisconsin.