davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1919-10-07
Financial News--Stock Market Prices
STOCK ISSUES
SET RECORDS
Mexican Petroleum and
General Motors at High
est Marks Ever.
By BRoADAN WALL.

New York. Oct. 6.-wall Street
heard with great satisfaction today
that President Wilson was much i'm
proved. It had intended to be op-
timistic. anyhow. so feeling developed
into actual buoyancy. This made
itself manifest chiefly in high priced
stocks. General Motors and Mexican
Petroleum being bought at prices
never before realized. 2Ss and 2Ss re-
spectively. Steel was strong but
quiet, making its highest price at
the opening. All the rails were strong
all day. although the movements In
them were small Tobaccos were
quiet.
Settlement of the English railroad
strike was market factor of I'm
portance. The terms of the settle
ment were such as to discourage fu-
ture strikes. This, combined with
the failure OF the steel strike at
home, has encouraged manufacturers
to such an extent that some very
extensive programs are being pre-
pared
Call money went to Il per cent, as
IL naturally would after the bad bank
statement Of Saturday
Sterling exchange was strong be-
cause ending OF the strike in Eng
land will make possible a resump-
ton Of international commerce. This
also had the effect OF sending cot
ton Up more than IS a bale.
Because the market was largely
professional. there was some profit
taking at the close for the account
Of persons unwilling to carry over
the night.
General Motors and Mexican Petro-
leum attracted most attention with
their new high records.
Sinclair rights were being purchased
freely by interests identified with the
company.
Wall street prophets were confound-
ed when the Supreme Court failed
10 hand down its decision in the
Southern Pacific Oil case. This de-
cision has been counted on to ex-
plain the advance of Southern Pa
ciic stock Its failure to appear did
not break the stock. so evidently
there is some other reason for the
advance.
Wall street is very much interested
in the strength and activity OF U.
s. Steamship stock on the curb. II
sold at s. a share today. One re-
port is that William G. McAdoo will
become president. but that is author
itativelv denied.
The Washington herald., 1919-10-07
many CHANCES
FOR INVESTING
Most Propositions Offered
Are Sure Of Making
! Good Returns.

Whoever has money to invest will
find ample opportunity for doing that
because appeals appear daily for sub
Ecriptions to the capital stock of va
rious corporations, and this outside
Of the unparalleled purchase which
the public Is now making of the stocks
Of various oil companies. Apparently
firms, corporations and even individ-
uals believe this Is an Iopportune mo-
ment for oapitalizing their properties
upon a considerable scale and making
appeals to the public to buy the stock
offered.
Almost all of these propositions are
made in good faith. One suspicionsis
showing. however. that some of the
attempts to float oil stocks are not
worthy of consideration and may be
even fraudulent. There Is. however.
some apprehension that investment IN
these various capital stock promotions
may cause a diversion of money from
other fields where 1t could be placed
advantageously both to the investor
and to the public. In addition. II Is
feared in some cases at least. a mis-
take may have been made in attempt
ing to capitalize upon a large scale
based upon the excessive profits of
the last three or four years. For no
one can with certainty forecast the
continuation of these prof1ts.
Conspicuous among appeals to the
public which have been made with
in the past few days is one based
upon a communication by Theodore
N. Vail. of the American Telephone
and Telegraph Company. II re-
minds those who are familiar with
the conditions which prevailed ten
or twelve years ago of the purpose
of this corporation SO greatly to
extend its telephone plants, both
long distance and local. as to make
1t possible to secure telephone
communications over the entire
United States. The estimate at that
time was that as much as sI25.OO0.-
900 would be needed and this esti:
mate was not based upon a guess,
but instead upon careful investiga-
tion. From many parts of the West
and especially from the far West.
appeals were made by farmers and
by those who lived in small viii
lagos asking that telephone COM
munications be established so that
it would be possible to be placed in
what from one point of view was
actual physical contact or touch
with the nearest large city.
But there came a panic. Capital
withdrew to its hiding places and
1t was necessary to abandon the
plan. Now Mr.. Vail. speaking for
his company. asks for $4,000. 900.
the indebtedness to be represented
by three-year per cent notes.
These funds undoubtedly will be
speedily secured for one of the
strongest banking syndicates ap-
parently has underw ritten them.
The funds thus obtained are not
to be used for rcfunding purposes;
instead SO far as the public is con-
cerned the purpose is one which is
Of no little Importance
HOLLAND.
The Washington herald., 1919-10-07

packed, weighing 1isa2 Tbs apiece, 5a1Sc; do.
Western ice-pAcked. weighing 2ka2s. lbs apiece.
8a3oc; Western milk-fed chickens. per ID. i3a4Sc
Is to "a lbs TO Dozen, per lb. i2axc: IS TO %
lbs TO dozen. per lb. S5aS6c; 81 to 8 Ibs to
dozen, per Id. Sc: y to 42 lbs to dozen. per
III, 33a3ic; q TO q lbs To dozen. per Id. 3sa:Sc
u lbs and over to dozen. sai0c: spring duck
lings. nearby. as 70 quality. Ha36c; squads. per
dozen. white. weighing II to T. lbs. per DOZEN.
50as. 3; white, weighing to 10 lbs per dozen
7, 50zs.5; white. weighing lbs per dozen. 60os
675; do. Z lbs to dozen, 45oa5.5; do, 6z5is lbs
tn dozen. 2soA35 50: dark. l.Oa2 8; small and
No. 2. Oca2o0
FRESH FRUITS - Apples. per basket. 5ca
90; do. per bushel hamper. l.pa2 8; do, per
bbl. 35oae %; usnberries. Jersey. per bbI. 75Oa
1000; cantsloupes. Western, per fat crate. Lcoa
l6O: do. PER standard crate. 275a3 Is. Pears.
Bartlett. bushel. 5nsioo; Seckel. blshel. Za4
Niagara, pony basket. 22a23. Lemons. box.
26a7n Oranges. California. box. 25a70
VEG EGETABLES-White potatoes. nearby, per
basket. No. l. soszli5 lower grades. 5oa65c; do
Per Ijo-lb sacks. 3oos4 8; do. PennssIysnia. rer
cwt-. s5Oa2 90 Sweet potatoes. Southern. No.
l. bbl.. 1ooa3. 20; No. Dbl. 2oo~2 IS; Jersey.
basket. soalo Cabbage. New jersey basket.
50a7o: New York. domestic, ton, 0a35 %
Danish. ton. 200z35W Onions New Jersey,
bushel hamper. IOoa2 %: Ioolb sacks. = 5Oa3 Is.
The Washington herald., 1919-10-07
power DECISION /.
DUE TOMORROW:
Commissioner to Report on
Potomac Electric Work
ers' Demands.

Washington faces a period Of utter
DARKNESS unless the demands Of the
employees Of the Potomac Electric
Power Company are granted at noon
tomorrow, when Rowland b. Mahaney.
interdepartmentsl commissioner Of the
department Of Labor. will render his
decision in the matter.
After negotiations between company
oncials and labor leaders failed. Pres
ioent william =. Ham. Of the com.
pany. placed the situation in the hands
OF the Department Of Labor.
We are having a hard time pre-
venting the men from striking noa
declared Thomas II. Jones. representa-
tive OF the Engineers Union. TT il
now up 70 the company"
The strike would cause no end o.
hardships. not only in Washington. but
outlying sections. Hospitals, radio
stations and all business plants and
houses would be crippled and street
cars would be tied up.
a conference between Mr.. Ham ana
committee from Division s7s ANAL
gamated Association Of street ana
electric Railway Employees. IL sched-
uled for this morning al 10 O'Clock.
when adjustment measures in the
wage scale and union recognition de-
nand will be attempted. At the meet
ing il is probable that Concilistor
Mahaney will he present
The Washington herald., 1919-10-07
COTTON MARKET.

New York, Oct. s-PDnUmosd strength wa,
shovn in the cotton market today and not
outstanding considerable realizing sentiment re-
maired hullish to the close. All reactions here
met excellent support. 30 urgent was the de
mAnd- Buying for dealers in the actual was
move active. Late in the forenoon there was
another scramble to buy and prices shot up
rapidly.
The market in the early afternoon turned
cuieter. but continued 70 display a very steady
uDdertoue. and prices reacted only a few points
from the best
Prodt taking and selling for a reactinn made
little impression the market late In the date
Last quotations showed a gain Of Id to l. 6
points Spot here was steady at an advance of
II % points at 50 for middling; there were no
sales.
Spot at New Orleans was STEADY with middliuz
= cent higher at ~ the sales were 4222 bales
Hecelpts at the leading ports: Galveston s. sse
New Orleans 3lH; Savannah. 1850; Charleston.
2.mo Wilmington. 1880: Augusta 2.l46. Mem.
phis. $50: st. Louis 81; Houston, 4so4
The Washington herald., 1919-10-07
BALTIMORE LIVE STOCK.
lspedaI pispatch to me Herald


baltimore. Md. Oct. 6-CATTT,E-Receirs,
for the week ended noon today were 5Es2 head,
asainst 4,5S head last week Receipt. 9pl
carloads for market for the week, Is earlesds
for market today. Good steers and heifer. about
lower.
N. Lehman & Bro. sold To Greenrah Paek.
ing Company n head good. heavy Southve,t
md Virginia cattls On private terms.
Quote steers: Choice. ID 5oalsoo: ror.i hutcber
ls0aD0; medium. l0ooall.oo: cmmon- 2 o0s
so; heifers. choice. Il.0sl2oo; fair to nod
sasloso; common to medium. s0aeoo RnIIs
choice. s5oas.oo; fair to good. Inas 90: cornnon
to medium. 6oos6 So Cows, .choice, oosa a.
fair 70 good. TTas.5o common 70 medium,
Ic0aI0o su'AAh'
SHEEP AND LAMBS-Receipts for IN. x..s
ended nom today were TIA head against 6 N
last week; light supply; market stronger on
lambs and lower on old sheep Quote: sheep,
30oaT7S; lamhs, l00a16 IS
HoGs-Receipta for the week ended nom N.
day were BssS head, against 1z.2s2 head last
week. Good supply; market lower Quote
Lights. ho: heavy to medium. l7ooalI z: ptr,'
$50; light pirs. l35a1I25: rouyhs. IL soaia0
CALVES-Recrirts for the week ended nom
today were Lt5l head. against soe head last
we.k Lber.l supply; market about steady.
The Washington herald., 1919-10-07
LARGE COFFEE YIELD
PLEASING TO HAWAII

Honolulu. - Hawaii will have the
biggest coffee crop this year that it
has ever gathered. And the price is
double that OF a year ago.
growers. however the consumer may
feel.
For several years the price has
been so low that cost of production
ate up profits. This year the grow
ers are due for a cleanup.
The one fly in the oitment is the
shortage of labor. Arrangements are
being made TO release children over
Il from school that they may help in
the harvest.
The Washington herald., 1919-10-07
LONDON NOW HAS ITS
TELEPHONE TROUBLES

delays in getting long distance calls
is expressed by many London busi-
ness firms. II is a common expert
ence TO wait a whole day for long
distance call to mature. but this is
not the limit. II took one subscriber
two days to get his connection, from
London to Horsforth. near Leeds.
Once he had to make the journey by
train. after repeated attempts to ge;
a call through had failed. A London
motor firm with a branch in the coun-
try says il has given up long dis
tance calls as hopeless. II sends a
representative by train.
The Washington herald., 1919-10-07
LIVE STOCK MARKET.

Pittsburs. Pa. Oct Receipts,
900; higher: steers l55Oale 30: heifas, llOz
l25 COWS. 5ooaloo0
HOGS-Receipts. SOD: higher; heavies. BS0A
1875; heavy Workers. Is 675al7. Is; light Yorker.
Is 75a1soo; pigs. Is 5al575
SHEEP AND LAMBS-Receipts, Z, no: lower
top sheep 1o25; top lambs, ESQ
CALvES-Recepts, 100; steady; top. nD
Eat RUfalo. v Y. Oct s-CATTLE-RA-
oipts. 400 head good. sOaA higher; common
steady; prime steers Il. oals.D; shipping steers.
l6 5OaE %: butchers. lo0oal6 80: yearlings 55Oa
1850; heifers. 6ooala50: COWS. iOoalI q; buIIs,
e.ooalo5o; stocters and fesders. 6ooal05o; fresh
COWS and srringers steady at 65!00al70o 90
CALVES - Reoeits. $50 head; s. lower
T.ooa90o
HoGS-Reoapts. "A. 40 bead; pigs slow: Others
Ba5oc lower; heavy. mixed and Yorkezs, l67;
light. do. lS-9al6-io; pigs. Is 0zls5; roushs.
Booal35O; stass. N.loall.0
SHEEP AND LAMBS-Receipts. 5000 head
lower; lambs. Sooals5: yeariinss. 7.ocalI 90
wethers s5oasoo; ewes. 3ooa7. 3D. mixed sheep.
So0asB
The Washington herald., 1919-10-07
PHILADELPHIA PRODUCE,

Philadelphia. Pa. Oct s.-Prices on the rro-
duce market ranged about As follows:
BUTTER-Cresmery fancy. hish-scoring goods,
6a69c; extras. CSC; extra frsts, 62a65c; hrsts,
5a5sc; seconds aa54c; sweet creamery. choice
to fancy. 6sa7oc; fair to good. 5eas7c; prints
jobbing at 72z74c for fancy and ssa7lc foe fair
to good
EiGS-Ffee cases, nearby hrsts, le9 per
crate; nearby current receipts. $50; fair to
good. II. toalaoo; Western extra frsts, IsD;
trsts, ls. .ooals.so; nearby and Western seconds,
Is 2nan.p inferior lots lower; fancy selected
eggs jobbing at 7la73c per dozen.
LIVE PoULTRY-Fowls, as TO quality. 5ssoc
chickens. as to quality. 3a3oe: roostefs, 1a24c
ducks. white Pekins. 3oc; do. Indian Runner.
Ease; pigeons, old. per pair. aoa5c do. young.
per pair za25c.
DRESSED killed. dry-picked
in boxes. weighing lbs and over spiece, sc
weighing ~ lbs. 3laSsc; weighing Ibs, Easc;
smaller sizes. aa26c; fowls. fresh killed in bbls.
drypcked weighing lbs and over apiece. Sc
weighing 81 lbs. 3oasoc: weighing lbs. 8aIc:
smaller sizes. 3a25c; old roosters. dry-picaed.
&c; broilers. Jersey. ice-packed, 4calsc; do.
other nesfbs. choice. ice-packed, ssassc; ordi-
naU 70 mod. 0Aa5c; hruilen> Western. ies-
The Washington herald., 1919-10-07
CLEMENCEAU MAKES
BARGAIN In CARROTS

Paris.-A street in a market quarter
of Paris. Housewives crowding about
the vendors. An old man with a big
white moustache took up a bunch or
carrots from a barrow and a,sted the
price.
Ten sous" said the woman
Too much" said the old man iii
give you eight"
We won't quarrel for two sous.
you look 20 much like Clemenceau."
said the woman. Take them Tor
eight"
And II was Clemenceau. who'd left
his car around a corner and come
down 10 see what Paris pays for
food.
The Washington herald., 1919-10-07
NEW YORK PRODUCE.

New York Oct. 6-BUTTER-Msrket easier
Sailed and unsslted fresh creamery extras. sS'ta
6A; do. frsts. 5as6o; do. higher than extras. 657
aes; State dairy tubs, faa64
CHEESE-Ms<ket steady. State whole milk
specials. D1ta3lh: do. fancy. oz,oI1 do. lower
grades, zsyo; Wisconsin. whole milk fancy
young Americas. aasg4: State skims special.
Di4s2gk; do. choice. l7sIeIs: do. fair to good
Halls; do. lower grades, TaIS
EGGS-Market nrm. Nearby white fancy ga
~: do. brown. ISa76: extras, ees70; hrss. 6s65.
The Washington herald., 1919-10-07
CHICAGO GRAIN.
By JOSEPH F. PRITCHARD.

Chicago Oct 6-Rerorts that old curn was
being sheIed and that the movement to the
markets would increase caused traders to pre-
pare for lower prices The October future
opened at Ia and closed at Ia. compared with
the resting spot Of l.I19 on Saturday Decem-
Der ranged downward from l. IS TO ~ ard
May from la TO l2
Many local speculstors were caught long when
the decline started and in their attempt to
get out the market sold downward rapidly.
cable to New York said several careoes u Ar
eentine corn were reported sold At L0 c. i. t.,
New York Considerable corn was bought GO
cable adrices that the strike in Great Britain
had been settled. In addition to this news was
q rpurt that the ban IN commodities abroad
had been lifted by the War Trade Board The
market was o~erseid early and there was
scramble OF shors TO get under cover
The fluctuations in corn was reflected in oats
which declined y to y cent with December
weakest Cash values were practically
changed. Exporter were not in the market
Weather c1nditio1s for oats were favorable but
receipts were much smaller than a year ago.
Hog products were placed in a strong position
nv action Of the Shipping Board in lifting the
ban on shipments abroad Hogs advanced %
cents al the yards
Chicago. Oct. s.-Grain and provision futures
The Washington herald., 1919-10-07
Cincinnati Passes CITY
Daylight Saving Law

New York. Oct. 6.-Marcus N.
Marks. president OF the National
Daylight Saving Association. said to-
day that Cincinnati is the first OF
the large cities to rebuke Congress
for repeating the Daylight Saving
Law. He announced that Cincinnati
has passed a daylight saving or
dinance whereby the clocks Of the
city will be advanced one hour 3S5
days in the year.
The Washington herald., 1919-10-07
Carelessness Causes Death.

Carelessness on the part OF James
Smith is given as the cause Of a
street car accident on September -
resulting in Smiths death at Emer-
gency Hospital. Sunday morning. An
inquest at the District morgue yester-
day afternoon established this fact
Smith was struck by street car at
Third street and Pennsylvania ave-
nue. northwest last month.
The Washington herald., 1919-10-07
Injured In FiSht.

Andrew Brown. colored. 1880 Co.
lumbia street northwest. was seri-
cus'y injured last night, in an al
tercation with Edward Ayers. 1911
Tenth street northwest. Brown
was cut on the neck with a knife.
The fight occurred in front of
Ayers home.
The Washington herald., 1919-10-07
LIVERPOOL COTTON.

LrGpoo. oc. s.-spots opened in fair de-
mAnd today with prices steady. Sales amounted
TO SOD bales Receipts totaIed 0.oD bales,
steady
American middling fair 2s: good middlinz,
1e: full middling. D.4s: middling le7s: low
middlins. H.si: good ordinary. I6Os; ordinary,
l5@
IuturpS cloSed Arm
The Washington herald., 1919-10-07
FOREIGN EXCHANGE.

New York, Oct. 6-Foreisn exchange closing
prices: Sterling demand. IZlIs; cables. 42l%.
Bankers, 60 days. Llgs; 80 days. lEz- France,
checks. s5s; cables, sB. Belgium. checks, as
cables. s.34 Germany. checks. Az: cables, ll6.
Austria, checks LIS; cables. / 80 Holland.
checks y; cables. 49, Italy. checks, sTi
cables, 975 Swis checks SIS: cables. SIS.
The Washington herald., 1919-10-07
2O0%o PROFIT

Such are the profit possibilities !
offer TO one person in each state.
New. patented article: no compel =
tiOn for the full term Of patent Only
small capital required TO start man
ufacturinR. If interested. write
Paul V korth. U7 Dubois street
Detroit. Michigan.
The Washington herald., 1919-10-07
Yesterdays Fire Record.

1:3s p. M: 4s7-G street southwest:
fire from defective f1ue; 800.
p. m.: Twenty-fourth and Penn
sylvania avenue northwest; short
circuiting in fire alarm box: no
damage.
The Washington herald., 1919-10-07
British Toy Industry Booms.

London.-Toys. which in pre-war
days were made in Germany" on so
large scale. are now likely to be
produced in considerable quantities in
this country. the release of imported
hard wood having given an impetus
to this industry.
The Washington herald., 1919-10-07
Literary Club Meets Today.

The Excelsior Literary Club will
hold its first meeting this afternoon
at o'clock at the home of its pres
ident, Mrs. Bena Barnhart. 1894
Rhode Island avenue northwest.
The Washington herald., 1919-10-07
Pro6teer Sent to Prison.

Liverpool EnE.-SiX months Impris-
onment was the sentence dealt out TO
a coal dealer here. convicted of over
charging and short weight
The Washington herald., 1919-10-07
CITIES SERVICE COMPANY
BANKERS SHARES
Monthly Distribution No,

hontniy Dlstrfbutfon No.
Hsn-y l.. DOhety & Company announce tha.
Ne eighth Gouthly Distribution on Oties serr-
- Bankers Sharrs. payshle on Noserrbsr - IN
hankers Shares Of record October 18th, win b,
- cents On eash Banksrs Share
The Washington herald., 1919-10-07
NEW YORK MONEY MARKET.

New York. Oct 6-Money on call on the stock
exchange opened at per cent. Loans made on
al industrial collateral were 7al2 per cent.
The Washington herald., 1919-10-07
Swiss to Abolish Bread Card.

Owing to an increase in the suppIy
of foodstuffs. the bread card will be
abolished in Switzerland September /.
The Washington herald., 1919-10-07
COTTON RANGE.

New York. Oct. s-Range of cpttou Prices
here today:
The Washington herald., 1919-10-07

Looking for tire bargains. See
sundays classified ads,
The Washington herald., 1919-10-07
CURB MARKET.

Furnished b. Sullivan 4 Co. lis1 street
northwest
Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-01-23
ADMITS HOOVER HAD
PACT WITH PACKERS

Washington, Jan 2&.--In a final ef
fort to save the Presidents $780, 900,
600 food bill Senator Hitchcock took
the Senate floor this afternoon ana ad
mitted that the purpose was in part to
save packing houses from loss.
He justified the position taken by
Herbert Hoover, however, on the
grounds that since the packers kepl
their promise to the food administra
tion to buy pork at 17l2 cents d
pound, it was up to the food admins
tration to keep its word to the pack
ers and supply market for their
product
Hoover not only is keeping his word
with the packers, but he is forcine
Great Britain to keep her word and
Italy and France to keep their word
Hitchcock said
Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-01-23
CENTRAL LIFE TO
ENLARGE ITS HOME
INSURANCE COMPANY PLANS AD-
DlTlON Or EXTRA STORIES TO
ITS "SkYSCRAPER"- NOW IN.
NEED OE MORE OFFICE SPACE.

The Central Life building, Ottawa's
largest office structure, is to have two
or three stories added within the next
few years if the plans formulated AZ
a meeting of the board of directors are
carried out The matter has becn
discussed informally by the officers
and directors many times recently
but the preliminary action for such
movement, was not made until last
evening. It was then voted to hire
the engineering firm OF E. &. d r. NJ.
Shankland of Chicago to look he
building over and see if the addition
may be added without weakening the
building.
AS soon as tile engineering firm has
made its report Architect Jason f.
Richardson will be employed to draw
plans for the addition and then the
estimates for the building material
will be received Al the present time
it would not be possible to secure
the material for the proposed con
struction. but officers of the company
feel that within the next year the
high cost OF building materials vii
be greatly reduced and also that build
ing materials of every description will
be on the market
The building contains forty-four Of
flee suites above the first floor, which
is entirely used by the insurance com
pany for their general Offices. Ii is
the plan to erect the new addition on
exactly the same floor plan as the
offices are now laid out on, and there
three new office suites.