davidaulloa/AmericanStories huggingface dataset:
The Cordova daily times., 1919-09-22

FOR RENT-Three nicely-furnished
 rooms for select couple. s3O per month. Apply P. O.. Box 192 22-2t
The Cordova daily times., 1919-09-22

It's the flavor and the grain which make the bread at the City Bakery famous.
The Cordova daily times., 1919-09-22

Read the Daily Times for the latest and most reliable world news.
The Cordova daily times., 1919-09-22

Fresh Ever-Ready Flashlight Bat teries, all sizes. Blum-O'Neill Co. 3-tf
The Cordova daily times., 1919-09-22
ECONOMIST URGES
 ANOTHER PACIFIC CABLE

WASHINGTON, Sept. 22 (by Asso- ciated Press).-H. G. Eldridge, chief of the Far Eastern bureau of the de- partment of commerce. told senate committee today that American trade with the Orient would be seriously re- tarded unless another Pacific cable were laid. He said that at least tWen- ty-five million dollars would be re- quired.
The Cordova daily times., 1919-09-22

Job printing at Daily Times office,
The Cordova daily times., 1919-09-22

;.
New-York tribune., 1919-09-05
LEATHER-Price Uncertainty
UnSettleS Trade in Shoes

Jobbers stated yesterday that the
widespread agitation against the high
cost Of shoes, the abnormal prices
manufacturers are asking for footwear
and the heavy demands which continue
to come from retailers had disrupted
business to no inconsiderable extent.
What worries jobbers more than any
thing else is the possibility that they
will be caught with a large stock of
footwear when prices show signs of a
decline.
Several stated yesterday that spring
lines OF footwear had not been ordered
yet, as the general conviction seems to
be that manufacturers prices have
reached the top. These jobbers are
selling the stock on hand to their best
paying customers. AS goods ordered
from manufacturers have been delayed
several months, the stocks on hand at
present are eXtrer ely low
Opportunities to open up new ac-
counts are numerous. Buyers from all
over the country are in New York in
search of shoes. Price is minor con-
sideration with them, as the demand
from the West and South for footwear
is unusual. One jobber stated that
whereas in previous years he would
have three or four buyers from the
West and Southwest eaci, year, he now
has five and six in each week from
these sections.
New-York tribune., 1919-09-05
SlLkS-Den,and for
NOreltv Silks From Europc

Manufacturers of novelty silks are
greatly pleased with the orders they
continued to receive yesterday from
Europe, especially England and France.
The increased demand for their mer-
chandise from France is regarded as
evidence of the advancement of their
industry, as heretofore manufacturers
could not compete with French desg
which were looked upon as the critic
rion for all novelty silks Sales to for
eign countries included large one
to a Russian firm at Archangel
Cloak and suit manufacturers
bought silks yesterday. These firms
have acquired considerable woollen
goods, but comparatively little silks
necessary for the completion of their
products.
There were some out of town buyers
in the market, mainly from the Eastern
states, but sales were restricted be-
cause most of the manufacturers have
not opened their spring lines Several
of them announced, however. that
prices for spring will be established
in a few days. The continued refusal
of manufacturers to make extensive
purchases yesterday held business in
the raw silk market to q level
New-York tribune., 1919-09-05
FURS-Rabbif .Skins
Leaping Info Popularity

More inquiries are developing in the
fur market for raw, dressed and dyed
Australian and New Zealand rabbit
skins. The dyed skins, variously
known as French coney, sealinc, etc
are used as a substitute for the pop
ular Hudson seal or seal dyed muskra. :.
Dressed in this natural state or dyed
in various shades the rabbit skins are
used as trimmings on popular priced
coats and suits and for the making OF
cheap fur sets and children's sets
Rabbits sprang into popularity a
couple of years ago They were first
handled in a large way by Funsten
Bros. & Co. at their December sale
last year At that sale 600, 900
pounds of rabbits which run about ten
skins to the pound were offered At
the company's April sale this year
$4,000 pounds were sold and the Of
fering in next weeks sale amounts t.
$4,000 pounds, or more than 6,0000
skins.
American buyers are reported active
in the Australian market where semi
monthly sales of rabbit skins now are
IN progress.
New-York tribune., 1919-09-05
RUBBER-Lirely Demand
Causes Advances in Prices

good business was transacted in
tho crude rubber market yesterday,
with manufacturers of all kinds OF rub
ber goods buying. Prices continued to
advance Ribbed smoke sheets closed
up threc-quarters of a cent from the
preceding close, with cons derable
amounts changing hands at 46&l cents
a pound. For first latex on the spot 47&4
cents WAS asked, an advance of three
quarters of a cent, while brown crepe
sheets brought 4012 cents. The Paras
were also active, upriver fine bringing
80 cents a pound and upriver coarse
32 cents. Cables from Singapore and
London reported strong markets.
Manufacturers of vulcanized or hard
rubber products state that at present
the demand for goods exceeds the ca
pacity Of their plants. Supplementing
the domestic trade is big export bust
ness Because of the inability of the
manufacturers to keep up with the in
creased demands it is thought that only
a part Of the foreign wants can be sup
piled. The lack of imports from Ger
many, Austria and England, which
countries formerly exported large guam
titles of hard rubber. has helped the
domestic manufacturers greatly.
New-York tribune., 1919-09-05
MaxwelI-C Chalmers
Merger Nearly Ready
stockholders Formally Notified
of Plans for New
COMPANY

rotma announcement of the plan
.vs merging the Maxwell and Chalmers
s"'S Isvlof companies being sent to stock
aoIoers rs calls for the formation of a
W sIw orsani7ation to be called the
T1."N"eli-C halmers Motor Corporation.
.an .ne ~ capitalization is to consist of
SooVoo shares Of common stock of no
var value and $3150.O0O cumulative 7
yer cent preferred.
,on onnaxwell first preferred is to receive
,so ,so per cent in new stock plus ST a
s.e s.sre IN casn. Maxwell second pre-
.ed ,srred Viii receive 667a per cent in
ssn sem STOCK and Maxwell common 70 per
IN new stock. Chalmers pre-
,s''eu stock IS to receive l05 per cent
sin vi new securities, while the common
",n get 10 per cent. Chalmers & per
bsn; notes viii be exchangeablc on a
ssS aNS OF 100 per cent in new 7 per
sent preferred stock.
.s me a, plan also provides for an issue
ln 'iV'VVo,OOO ten year per cent sink
,hss .uhd convertible gold notes, with
os vohVersion privilege into 10 shares
4 new new stock for every 81 900 note.
nav romnittee consisting of Harry Bron-
NJ, chairman; James c. Brady, j. r.
EvsIoH, MI Elton Parks, Jules S. Bache,
ssssp 'nalmers and J. Horace Harding
r.. made arrangements with the
chasnaSl Union Trust Company and the
W." securities Corporation to under
'pprovcd. - :" P'"'' 40
New-York tribune., 1919-09-05
IEXTILES-Lotuer Prices
Cause Rush for GRAY Goods

BUSINESS in the cotton goods market
yesterday was confined to limited pur-
chases by a few out-of-town buyers
and brisk trading in merchandise
owned by spectators. The volume of
sales was curtaiied by the continued
refusal of mill agents to quote price s
Tor goods to be delivered after the
hrst OF next year. These firms de-
clare that, Notwithstanding the i'm
provement in labor conditions, the gen
era! situation does not yet permit of
taKlng orders tor long term future de-
the present delays in deliveries.
Spectators owning gray goods he
came apprehensive over the weeks in
activity and the drop in raw cotton
quotations., and accordingly lowered
prices on their holdings A standard
fabric, which recently sold for II cents
a yard. was reduced by them to 14l.
cents. but so quickly did converters
take the merchandise that prices went
back to ~ cents before the end of
the day.
Agents Of mills making high price d
glngham reported a tremendous sale
ot or. mcrehandise n sih;nd dur during "gingham
heavy has been the demand that in
the first two ways Of the week re-
tailers throughout the country have
virtually sold their stocks, only the
cheaper grades remaining
So heavy were the sales made bv
the mills to dealers in anticipation Of
the success of "gingham week. that
many of them are without bolt of
the fabric in their possession. One of
the largest stated that it will be spring
before they have any more bingham
on hand. Prices asked by the retail
merchants for their offerings during
the week ranged from 20 cents to 40
cents ward
New-York tribune., 1919-09-05
JEWELRY-Foreigners
Buyir,g NOreLties Here

Foreign buyers of imitation beads,
necklaces and other novelty iewelry
are reported to be active in the New
York market. France in particular is
said to have many representatives here
who are trying to place large orders
for this kind Of jewelry. According to
advices received by American manu-
facturcrs with Offices in France the
women in that country are wearing
more imitation rings, pins and neck
laces than ever before. This increased
demand, coupled with orders from
Scandinavian and the South American
countries has caused a wonderful vol
ume of export business, and jewellers
say collections are excellent.
According to several large jewellers
the American bead, necklace and other
novelty manufacturers have gained q
firm hold on the market, which for
merly was ruled by foreign countries
They assert that in articles where
rhinestones are used there is abso-
lutely no question of American su-
premacy
Retailers report that although their
trade is buying. large quantities Of
high, grade diamond rings and pearl
necklaces, this buying has not affected
lntlT safes VI tlt ilONt.lL hiHu III INC
least Beads. necklaces and other nov
elites are being purchased in enormous
quantities. with the tendency toward
the better grades and more expensive
novelty goods prevailing although
large amounts of the popular priced
goods are being sold. Necklaces Of
Oriental design and color are espe-
clally popular. The demand is for every
thing alive and sparkling with color.
strong demand also is being made
for black jet beads.
New-York tribune., 1919-09-05
Commodities
Cotton

The cotton market practically collapsed
yesterday under q volume of selling or
ters. but were particularly heavy from the
South and West. The market closed at
the bottom OF the day and 1oe TO laS
ssnting an average decline OF nearly s6
d bale.
The opening was easier and 80 to 30
points lower. rejecting a severe break In
the Liverpool market and active selling
for local and outside account. At various
points occurred, but at no time was there
any sustained advance as the selling pres
sure was aggressive and heavy. refecting
has not been exceeded this week
An important factor. and one Of the
reasons for heavy Western selling. was the
further break in grain prices The trade
has been watching this feature quite close
ly indication of the importance and
success Of prsssnt asitation aganst h'gn
cotton. although local invcstig tions have
SHOWN that there was no prohteering In
clot hing.
The break in foreign exchange. with
predictions that sterling would drop. to -
in the nesre future, was another influence r,;
ing movement, as 1t has a direct bearing
upon the export situation, which. at the
ing to eastern belt spot handlers there is
very little cotton being sold either for ex-
port or through Eastern spinners.
stapie cotton. of ! ais to u. inch. Of
which there are only small stocks.
Owing to the fine weather the South was
heavier seller than IT has been in some
time the pressure ii was believed. repre-
senting long liquidation rather than hedge
selling, although the latter was in evidence
in a small way and il is predicted Will be-
come increasingly prominent from now on,
esnecially IL crop conditions remain favor
able. Liverpool and Vail Street were also
sellers, the former rejecting very sharp
break in the Liverpool market and the
latter chiefly the foreign exchange stua :
tion Southwestern spot interests were al
90 among the fornoon sellers Favorable
forecasts for the Western and Eastern
belts furnished evidence that the tropical
storm had not developed any alarming
trend over night nor was likely TO become
a menace TO the belt for at least a day or
two southern spot markets were gem
orally lower. 90.
The LEGAL spot market was quiet and l2o
noints lower at 1855 for IniddlinG. No
sales were reported
The range of prices follows
New-York tribune., 1919-09-05

fected the sales Of dry colors, although
business is better than at any other
time this year. The volume is under
that of last year, however. The paper
box industry, which consumes large
quantities of dry colors in printing
labels and boxes, has not purchased any
coloring matter recently, as a prolonged
strike has closed down the majority
Of the mills.
Prohibition also has reduced sales of
dry colors. Brewers formerly pur-
chased enormous quantities of colors
for the manufacture of inks which were
used in stamping labels, bottle tops
and cases.
Dealers continue to keep production
as near to maximum rs conditions will
permit. Strikes at the color works and
inability to secure men to handle
colors have cut down the output some
what. Stocks on hand arc unusually
large, however, and in some instance 3
manufacturers are selling goods below
the actual cost of production in order
to move them out
New-York tribune., 1919-09-05
.CHEMICALS-4niline Rises;
DYES May FOllOir

Anlne oil. used chiefly as a base in
the manufacture Of dyestuffs, was in
good demand yesterday The material
available on the spot market is limited
and manufacturers offer no encorage-
ment for the immediate future. Yes
terday's sales, amounting to several
carloads, were for November delivery.
Prices range from 27 to % cents
pound, according TO quantity. One of
the largest producers, it is reported,
is asking 80 cents for aniline oil. AS
great quantities of this chemical are
used in the manufacture Of dyestuffs
and colors the frmness of the market
during the last few days will, it is be-
lieved, be reflected in higher prices for
dyestufs.
Contracts for next year for sulphuric
and muriatc acid for shipment to South
America were noted yesterday, These
acids are used largely in the manu-
facture Of other chemicals and in the
production of fertilizer.
Bichromate of soda was more active
yesterday, although prices remain the
same. Leading manufacturers con-
tinue to quote Is and 16 cents a pound
for future delivery. A good export de-
mand for caustic soda developed yester-
day, but prices have not advanced.
New-York tribune., 1919-09-05
The kiting Dollar

THE dollar rose TO record break
ing premiums yesterday in
terms of French, Italian and Ger
man exchange, yet there is little
rejoicing in business and financial
circles. The movement of exchange
rates against European capitals
tends TO discourage European pur-
chases in this country, and already
some OF those who pend largely on
foreign buying for their sustenance
have xpreAsed fear Of being driven
out of business by the demoraliza-
ton Of the foreign exchange market.
The position Of the dollar adds to
the cost to Europeans of American
goods. At the extremes Of the mar
ket yesterday the dollar would buy
sgt francs or e.72 lire, compared
with a normal OF 5.lS26. Mark.
normally worth approximately 23.9
cents, were quoted at 4.40 cents, and
demand sterling was bought as low
as s4.1612, compared with an in
trinsic parity Of s4,s66.
New-York tribune., 1919-09-05
Purchase of Marconi
Wireless Under Negotiation

The General Electric Company and
other American interests arc negotiat-
ing for the purchase of the Marconi
Wireless Telegraph Company. accord
ing to reports in the financial district
yesterday. The Marconi company, it
was said, will not be subsidiary Of
the General Electric. but that company
will have an important voice in the
management.
Through its ownership Of a number
Of patents on wireless equipment the
General Electric Company became in
terested in the affairs of the Marconi
company. The former developed the
AleXanderson alternator, which was in
stalled at the New Brunswick, ~ j.,
station of the American Marconi Com
pany while it was under naval control.
The navy then interested the General
Electric in the movement to place radio
transmission on this side Of the At
fantic under control of American
capital
New-York tribune., 1919-09-05
Cereals

Wheat-Reports that = number Of steam
ers controlled by tho government to carry
wheat to Continental Europe had been held
up both In Now York and Philadelphia,
owins to adverse developments In connec-
tton with foreign finances. caused q very
Mas saa tn.t X the grain trade
against furthor shipments of grain to the
Ports mad been the direct result OF the
the difficulties we're said to have been BEEN
remed'ed, the trade felt considerably con
naving trouble in Arranging. payment for
export wheat there Is little chance Of
much private business. and the question of
foreign credits is becoming moro and more
of a factor in the situation.
The recent reduction in tho domesti
rosipg OF the American surplus less acute.
and so far ut least there has been no pres
sure on the wheat market and premiums
FOR nigh grades continue TO hold.
Cofn-The corn market was again under
heavy pressure. and prices for tho new
The September position was very weak and
at the low point OF the day the market
was down So to ss cents from the high
offers OF corn. which had apparently been
hold on the farms for hig her prices show
oVerstayed their market and are anxious
to dispose Of their holdings at as high
prices AS possible.
Texas continued to offer new corn. and
good deal OF Importance was attached to
reports that six steamers are loading corn
in the Argentine for America. Crop ac-
sight, while disturbed foreign credits and
tho general tendency to lower prices OF
all commodities again served to undermine
confidence. There was partial rally
toward the close on covering, but final
quotations were 20. to SIC net lower.
Yesterdays Previous Year
New York: close close aRo
Corn, No. yellow.sl.s:H si.ss N.77A
Chicago:
September ...... 1.6OM 16. 1.55ss
December 1.@Ssa 1914 -
New-York tribune., 1919-09-05
Good Bids for WoOllens

Prices which will shoY a profit to
.he navy were contained in bids for
about 100000 yards Of excess woollen
material, which were opened yesterday
BY the Board of Survey, Appraisal and
Sale at the New York Navy Yard.
1t is expected that the complete tabu-
lation Of bids and recomme ndations for
awards will be completed by the board
to-day. More than fifty cloth jobbers
and clothing manufacturers sent in
bids.
Officials Of the board said that the
number of bids above the cost price
Of the material was sufficient to take
up all of it. Included in the sale were
various weights Of black and navy blue
serge, blue flannel, kcrsey, scarle:
cloth. forestry green melton and bu-
rclla gray cloth.
New-York tribune., 1919-09-05
Sugar and Coffee

tributed freely ry local refiners. This in
creased distribution in September. as COM
pared with August. will, 1t Is believed. go
demand. The Sugar Equalization Board
has reported purchases ot $4,000 bags
Of Cuban raws and 1880 tons Of Porto
Ricas, both for September loading. 1t is
the intention Of the board TO forward
provided. of course. that the necessary
tonnage can be provided by the Shipping
Board. The new Cuban crop is making
line progress and promises to be another
record breaker There have been no fresh
control OF sugar for next season.
Coffee-There was a sharp upward. re
was not at all surprsin' to the trade
after such recent sharp declines, which
point reached on juno % last. On the
call prices were Il points above the pre-
rious close. and on demand from the
Cotton Exchange. New Orleans and local
midday December selling at l7.50, or 90
points above the previous close. The
advance was duo mainly TO bullish crop
advices received from Brazil. The fact
five districts, with possible clearing cold
on tho new moon September Q, also caused
a fear in some quarters that frost might
do heavy damage to the Towering, as
critical period. The local market had
the appearance of being practically sold
out and final prices We're 81 to ~ points
net higher. Brazil shows no sign of weak
ing and firm offers were few, unchangcd I'd
TO shade higher. The local spot market
vas dull and prices purely nominal at
IS 24c fos Rio is.
Range OF prices follows
New-York tribune., 1919-09-05
american Car and Foundry
COMMON on II Per Cent Basis

=" quarterly dividend of 3 per cent
r.. SHe common stock of the American
sls,.ss I and Foundry Company vas de-
this sy py the directors yesterday. By
cua, s.s'on r the board increased the an
AM rave from to II per cent. AT the
er.ss; ume resolution was passed in
dsrsanihg the present reserve for divi-
o. from S7,200,0o0 to $10,8O0 900,
ats sum sum sufficient to pay the higher
ior a period of three years.
New-York tribune., 1919-09-05
General Motors Earns
$3O,59l,988 Surplus
Six Months Report Shows
Large Balance Available
Dividends ON Common

Earnings Of thu Gensral Mo*pr. Cnr,.
pany and subsidiaries available for
dividends on the common stock were
not far from three times as large in
the first six months of this year AZ in
the corresponding period of 1918, the
figures being $29,l25,942 and s117f7.-
4SO respectively.
Following is the comparative state
ment of earnings for the six months
ehoed June 80, 1919, with the same
period of 1918:
1919 1918.
Net profits ....... $48, ,9OO,8OO $.6O5S.1eO
Provision for Fed
erai taxes, ETC.. 17.s06.636 l3.4SO,sal
Balance ........... 31,194,164 l2.5S7258
General Motors pro
portion thereof o.. 3O.5Bl9SR 1.5S72Sa
Dividends pr stk. 5a2392 500. .SOi
Debenture dividends a43,6S3 -----------
Total pf. & deb, div. 1,4a6O45 500. .3O4
baiahce for com "9.125N2 1l,7l7.4SO
Common dividends. 88a2434 56IN'6S5
Surplus .,......... 2O,2SS,5O8 6O08825
Prev. surplus. 36.4O8037 oO,6O6, ,92S
Total surplus. ..... 53,692445 o67O5.753
The balance sheet showed cash on
hand at the end of the period of s74,-
7s9.44a. compared with $31, ,186,737
year before.
New-York tribune., 1919-09-05
The News of Business

easing IN the market yesterday by
- "e quaA'lty OF commercial
s per cent Despite change the larger number
% from borrowers to banks carried higher
Tor aceptances
1t become
hnetyday acceptance Belgium
ac $loO00OoO of the
by the banking syndicate credit was extended TO make
soe ne purchase Of mercan
aeaers report sharp falling foreign bills
and this due largely curtament of Euonean
because OF the depreciation of exchange rates
Rates bankers accepances UNCHANGED as follows
Sxtv Ninety
davss
Ir!Ripie member banks A3~1604
banks
Ineligible bank bils 5A Q14s 81 @4ls 5h @4s
For delivery within thirty Eligible member bank bills are
quoted egible
eligible bank bills a per cent
New-York tribune., 1919-09-05
Business Items

According to reports received al the
Tanners Council of America. Syria
needs large quantities of sole leather
box calf, glazed kid and waxed kid.
The Syrians are anxious to export hides
and skins in exchange
New-York tribune., 1919-09-05
Cottonseed Oil

Cottonseed Oil-Trading in cottonseed
oil was quite active, total sales for the
day amounting to 1880 barrels. The ac-
tivjty was at the expense OF prices, how
ever. and the market closed weak al ITO
70 1875 points net lower There was active
liquidation credited 10 the West and South
and the market Influenced by the
general trend of other commodities toward
a lower level! Crude oil was . cents
lower in tho South. and prices for con-
tracts were still considered above parity
with crude.
The range Of prices follows: