davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1920-10-11

; twenty shares of common at $40.
would you advise me to buy more,
and Is il conservative investment?
Answer-United Gas Improvement
stocks decline of more than $40 a
share since January Is partly due to
the stockholders authorization last
May of si5.o00,o0o preferred stock,
and partly to the deficit of More than
n million dollars after dividends last
year. This is the company's first big
deficit. For the past thirty years 1t
has paid s per cent per annum with
out interruption and the next 81 quar-
terly dividend will be sent out to up
ward of $4,000 shareholders on Oc-
tober IS.
Future dividend payments on the
common stock IL matter of pure
conjecture, though IT is hard to see
how the 8 per cent rate can be main
tanned. now that there is a large issue
of new preferred stock outstanding.
unless the company's earnings very
greatly improve over last year or the
big surplus is tapped.
At the end OF 1919 the profit and
loss balance was s3&,755,017. II the
8 per cent rate is to be maintained
the stock is bargain at its present
low price, yielding as IL does 11.4O
per cent. but the slump in quoted
value suggests a reduction in the
rate. But even at 8 per cent the
stock would yield s per cent and it
would seem that the company could
pay this rate without any trouble. On
February I, 1921, s7.50O.000 8 per cent
notes come due. We should not rate
the common stock as safe and con-
scryatiye" Investment.
The Washington times., 1920-10-11
NEW YORK COTTON MARKET.

NEW YORK. Oct. 1l.-Cotton open
ing: October. 22.O5; December, 20.1o;
March. 1000: May, zoos; June. 1910
bid: July. 1870; August. l0.O5QGo.
The cotton market opened Irregular
today. near months showing weakness,
while later deliveries were steady.
the entire initial range being from
35 points lower to IL points higher.
Heavy hedge pressure with reports OF
very fine weather in the belt over
Sunday and weak cables caused most
OF the heaviness In near months.
Buying by the trade sustained the
distant months. After the start near
months became steadier and rallied
about 25 points from the first levels.
helped by private reports to the ef-
feet that the holding movement in
Texas was spreading rapidly.
The Washington times., 1920-10-11
LOCAL STOCK EXCHANGE.

announcement was made today at
the session of the Washington Stock
Exchange that the institution will re-
main closed tomorrow on account of
Columbus Day.
Two $500 Us of the Capital Trac-
tion Company were included in the
first two sales at the session, tn.
price secured in both instances being
S.
Lanston shares numbering thirty
five, were sold in three sales of that
security, the price holding firm at so
in all sales, an advance of two points
over the highest price secured in sales
on the exchange on Saturday.
Following call three $500 Washing
ton Gas 5's changed ownership in
three sales. the price standing 79h. ~-a
Columbia Graph ophone to the ex-
tent of 1920 of share figured in the
closing sale of the day with the price
standing at 20.
The Washington times., 1920-10-11
LAST WEEKS BUSINESS.

Steady declines in most raw COM
modities last week served to unsettle
the buying activities in the wholesale
market for finished goods. From
some quarters of the general textile,
dry goods, and apparel trades evil
dence was forthcoming that radical
price reductions had brought about a
renewal of buying.
Price is still the absorbing question
in trade, and buyers are holding off
mainly through fear that the. Lmme-
diate future will see still further de-
clines in the prices of some commodi-
ties of which they are in need. Nu-
me reus surveys of the retail field re-
port a smaller amount of stock on the
shelves of the merchants than is
usual at this time of the year, with
stock moving out at a fairly brisk
pace, despite consumer resistance to
high prices. a.... .
The Washington times., 1920-10-11
WEAK n. Y. MARKET
BECOMES Strong
Pronounced Change to Market
Tone After Early Losses
in Stocks. I

NEW YORK. Oct. 1l.-wIth the eI-
ception OF Atlantic Gu1f and W. 4.
orders. which made a gain OF IL 20
l43h. the stock market was estab-
lished at a lower level In the early
Dealings today. losses during the firse
fifteen minutes ranging from frac-
tions TO over a point. Texas and
Pacific was again offered In large
blocks and was forced down to lIA,
compared with an opening OF 2Oh.
Special interest was attached TO thg
sugar group because OF the trouble In
Havana which necessitated the decla-
ration OF a moratorium by the CubsU
treasury, Which may be taken advan-
tage of by any bank In the republic.
Cuban American sugar was directly
influenced by this action and dropped
IN to 3SH and Cuba cane sugar de-
clined n to 1914. Punta Alegra was
down a point to GS.
STOCKS IN MARROW LIMITS
other stocks moved within narrow
limits, Steel common selling off ~
to s7h. but turned firm after the de-
cline. Baldwin Locomotive opened
off n ut 110h. Mexican Petroleum
opened up "A at lsS. and then drop
ped TO 1854. Reading declined u
to 98h.
There was pronounced change
to the market tone after the early
losses when many stocks became ac-
tive end strong.
Baldwin Locomotive rose 1h from
the low to 112 and Steel common sold
up, to S7%. while Republic Steel rose
to TO. Mexican Petroleum after
falling to 1851 rebounded to 100.
Royal Dutch was weak. falling two
points TO so. Sugar stocks were in
supply, Cuba cane sugar falling two
points to 32. The Railway issues
rose about a point from the low fig
ures, Reading advancing from $685.
to 9Sh. Texas Pacific touched "a
new low on the decline OF II, and
then rose to above IS.
The Washington times., 1920-10-11
B. AND 0. PETITIONS FOR
new GOLD BOND ISSUE

Application Of the Baltimore and
Ohio Railroad Company to issue 9
per cent refunding and general mort
gage gold bonds to the amount of
sl3,OO0,O 900 was filed today with the
Interstate Commerce Commission
The bonds are to be exchanged for
like amount of 5 per cent general
mortgage bonds, series A and b, and
in turn to be pledged as security for
the roads debt to the Government of
approximately S0,0O0,0OO growing out
of federal control of the railroads.
The Washington times., 1920-10-11
CHICAGO GRAIN MARKET.

CHICAGO. Oct. 11.-Grain opening
WHEAT - December, $2.03@2.0O
March. $1.8Sk 11.96i1.
CORN-December, SCI. a SO; May,
S0hc.
OATS-December. 56A @56h; May,
60A @6Shc.
Wheat opened 3a4c higher: corn
* ola higher: oats. ~ a sc higher.
The Washington times., 1920-10-11
British Trade Slump
Is Growing Worse

LONDON, Oct. 11.---The British
trade slump is growing worse.
declares the Globe in a featured
article today relating that an
American frm made a contract
for street car. rails for Glasgow
at SIS per ton less than the low
est bid by a British firm. That
lowest bid. too, was subject to
an increase. The American price
was final.
THE American firm. too. can
deliver the goods" the Globe
concluded. "The British firm
could not. as IL actually did have
the order for more than a year
and failed
The Washington times., 1920-10-11
VENEZUELA HOLDING COFFEE.

Coffee exporters in Venezuela are
holding back shipments to this coun-
try until prices recover from the pres
cnt decline, the Department of Com
merce was advised today by Consul
Dwyer at Maracaibo.
Shipments of coffee from the Mara
caibo district during August reach ed
the lowest point in many years, the
consul reported.
The Washington times., 1920-10-11
HOLLAND GETS STRONGER.

Holland is getting on its CONNER
cial feet again, according to trade
figures furnished the Department of
Commerce by Consul General Ander-
son from Rotterdam.
The manner in which the general
export import trade has recovered is
The Washington times., 1920-10-11
w. NJ. n. II. MAKES REQUEST.

The Western Maryland Railroad
has applied to the Interstate Com
merce Commission for authority to is
sue the first and refunding mortgage
bonds to the amount of S2,7OO,0O0 to
be used as collateral for a loan of ST.
S72, $500 from the railway revolving
fund created by the transportation
act
The Washington times., 1920-10-11
LOCAL SECURITIES.
WashinGton Dtoek Exchange.

SALES.
Capital Traction $500 * S5, 500 "
So
Lanston-2OQS0. 1OQSO. 5Gs0.
After call-Washington Gas &c
500 a 78h. 5OOQ79h, 500G79h.
Columbia Grapaphone--16G20 2OQ
20. r,..
The Stock Exchange will remain
closed tomorrow on account OF Co
lumbus Day.
The Washington times., 1920-10-11
LIBERTY BONDS.
CRUDE OIL ADVANCES.

PITTSBURGH, Pa. Oct. 1.-THE
Joseph Seep Purchasing Agency to-
day announced an advance Of 29c per
barrel for Cabell grade OF crude oil.
at S4.46. Somerset light, a new grade,
is quoted at x4.25M 45O.
The Washington times., 1920-10-11
FOREIGN EXCHANGE.

NEW YORK. Oct. 1.-The foreign
exchange market was irregular in the
early dealings today.
Quotations were: Demand Stirling.
50. .48N Franc gables. 6.82: cheeks,
6.01; lire cables. 4O4, checks, 4.03
Belgian cables, 100: checks, 6.90
Guilder cables, 81; checks, 3Oa.
Marks, 1.55.
The Washington times., 1920-10-11
BRUSSELS MEET
MAY Be FAILURE
ny ALEXANDER RIBET,
Former French Premier and Member
Of tho Senate Finance
Conn sAiOn

COmmission.
PARIS, Oct. lin view of the
present financial situation in the
world. the incoherence and the care
lessness of the different governments
in their efforts to solve their financial
is the only power which has dealt in
a practical manner with the present
difficulties, and as a result may soon
be expected to be rid of the burden of
her war finance impediments.
Unfortunately the same cannot be
said of France. Our financial situa
ton is getting worse instead of bet
ter. The state expenditure is tre-
mendous. There is always deficit
and the total amount of our debt is
steadily increasing. Despite all of
this our experts show an astounding
carelessness. Ignoring the serious
ness of the situation they fail to
search for means of amelioration, but
proudly declare that all is best in the
best of worlds"
The official opthnist is the worst
enemy to progress.
Official propaganda cannot deceive
international bankers. Our voluntary
.optimists can only bring the country
to bankruptcy. Nothing but gem
eralities were discussed at the Brus-
sells conference where the delega tcs
wasted tim for the simple purpose of
proving and proving luminously that
no real spirit of cooperation exists
among the peoples. / believe the
Brussels conference was n failure.
The Washington times., 1920-10-11
The Washington Times
Investors Service


Is al
be ma by TinesI
The Washington times., 1920-10-11
NEW YORK MONEY MARKET

NEW YORK. Oct 11-Call money
lending at s per cent, with time
money market quiet. Demand not
large and borrowers are bidding s per
cent for sixty and ninety-day accom-
modations on both classes OF col
lateral.
Commercial paper was quiet. with
practically all names discounting at
8 per cent.
The Washington times., 1920-10-11
UNITED STATES SHIPPING BOARD
Offers For Sale S. S. SELMA

bids will be received in the office of
Shipping Board Washington, d. c., before
October %, 1920 Bids to be opened October 49, 1920
A. NJ the offices of the Board lump basis "as
is and where is
.... SPECIFICATIONS:
Length 42O it, 7 in. Gross Tonnage 6,287.
Bread fl. Net Tonnage, 1898.
Depth. "a it. 4 in. Boilers, Foster Water Tube
Loaded Draft, 26 IL. Engines, 1 Trip Exp.
Estimated Speed 10H Knots. l. II. p 1850.
Designated DWT, 800 Tons. Fuel, OIL
TERMS check for 2Is Of the purchase
accompany bd bid also include terms which deferred
be made
The S. SELMA stranded off Tampco harbor May
81 Since then has been reoated and
undergoing repairs At the
carloads material estimated approximately
$38OO the to Galveston Prospective purchasers must
ncud value of this material in their bid.
The the right to reject all bids
Scalcd saou'd he addressed Secretary
UNITED STATES SHIPPING BOARD 1919 F Street n. w,
Washington d. c. and endorsed Sealed Bid for Steamship SELMA
and Do Not Open
The Washington times., 1920-10-11
A. B. A. PRESIDENT
BEGINS WORK HERE
Richard S. Hawes Establishes
Himself at Willard and Takes
Up Effort for Convention.
~. WILLIAM M. CONRAD.

Richard S. Halves, first vice pres
ident of the First National Bank in
81. Louis. and president of the Amer
The Washington times., 1920-10-11
DIVIDENDS

EXTRA
Union oil Company OF Caiifornia--Extrs
dividend OF VI u share and regular quar-
terly dividend OF ~, declared October z.
record October 3.
The Washington times., 1920-10-11
FEDERAL RESERVE
BANK STATEMENT
Shows Increase of s90,000,.
600 in Discounted and
/. Purchased Paper.

Aggregate increases of more than
$50, 900, 900 in holdings of discounted
and purchased paper. OF $64 100000 in
net deposits and Of $17,400,00O in re-
serve note circulation are indicated
In the Reserve Boards weekly bank
statement issued AZ of the close OF
Saturdays business. The banks com
bined cash reserves show reduction
of Sc ,900. 000- Consequently the re-
serve ratio declined from 43.7 per
cent to 429 per cent.
Holdings Of paper secured by Gov
ernment war obligations, including
Treasury certificates. increased $34,-
100, 600; those Of other discounted
bills, about 52.0OO.OO0; those of ac-
ceptances purchased in open market,
$4.200,O00. and those Of Treasury GER
tificates, 2.400. 900. Total earning as
sets as q consequence increased $92,-
TOO. 900 and aggregate at present
S3,4o2, 100000.
or the total of $1.217 100, 900 Of bills
secured by United States war obliga-
tions, $687, 100000. or 548 per cent.
were secured by Libertys; 3305,40O. 900.
or 25.1 per cent. by Victory notes. and
$244,40O.000, or col per cent, by
Treasury certificates. against 53.2. 26.3
and 2O5 per cent, respectively OF
corresponding total OF $1,1S3,00o,0 900
.hoxup fnr tho nrecediDU xyeck
The Washington times., 1920-10-11
KEEP EYE ON MARGIN.

S. HIS the stock trading house
of Henry CIews & Co., New York.
under the supervision of the State
banking department. Is money put
up as margin for speculative pur-
poses safe? / overheard a conver-
sation between two prosperous
looking men who sat near me re-
Gently in front of a quotation board,
and from what they said l am in
clined to think that perhaps / had
better quit specializing in stocks. L
am long of Jewel Tea, Middle stnte.
OF, TrnpscontincntnI OH, INTERIOR
ouGh Metropolitan. Brooklyn Rapid
Transit and Unity Gold.
Answer.-Henry Clews & Co. Is q
very old and honorable house, Its
dating back to 1877. But
the banking department. has no SUI
pcrvislon over the firms stock trad.
ing" department, nor Is margin
money ever protected by law or by
custom. A margin account must al
ways be closely watched, because
stock speculation by it's very nature
is hazardous. The stocks you men
ton are extremely speculative issues
and owing to the drastic declines
probably show big losses to you. We
cannot undertake to tell a reader
when to sell. A forecast OF future
prices is merely gucsswork, at best
The Washington times., 1920-10-11
FOHElGN ExCHANGE MAKkET.

Another quite week has passed in
the foreign exchange market As
pointed out heretofore, traders are
indisposed to take a position in the
market until the Anglo-French loan
has been paid off on December is.
To a certain extent bankers desire to
remain aloof until final settlement
of the British coal question is ef-
fected.
The feature Of the week was the
weakness of lire. Checks on Milan
declined to 1886, which was only
$.OO12 above the lowest figure ever
recorded in that exchange. A good
part of this loss was recovered later,
however. This sudden decline was
attributed to the offering of a large
number of cotton and grain bills at
time when there was very little
support in the market. Bankers say
there was also a certain amount of
speculation. This seems to be borne
out by the sharp recovery on Fri
day.
. Although sterling showed a fair
gain over week ago, at no time
was strength pronounced. Checks
on London moved >irregularly on what
traders term a sloppy" market.
Francs moved in sympathy with ster-
ling. Exchange on Paris moved up
and down and the net change on the
week was small. The market paid
little or no attention to gold ship
ments. There were no other develop
ments abroad which traders con-
strued as market factors.
Belgian francs were unchanged,
while marks were easier. Swiss
francs, Dutch, Spanish and Scandina-
Wan exchanges were quiet but steady.
Argentine exchange flr ned up at the
beginning of the week, later again
declined, but still showed a small
gain on the week.
The Washington times., 1920-10-11
UNITED GAS IMPROVEMENT co.

II. H. R.-Kindly give me infor-
nation on present condition OF
Uwited Gas Improvement 90. Why
should the stock sell so low7 IL
the dividend to be reduced2 / have
The Washington times., 1920-10-11

REGULAR DECLARATIONS.
The Washington times., 1920-10-11

Indicated In figures Tor the frst SIX
months of 1920.
The first six months Of the current
year show imports valued at $7S6, 1884,
400, as compared with 1923, ,633, 600
for the first half year of 1910. Ex-
ports are placed at $3T7, ,567, 200. as
compared with $21S $50. 900. The turn
over in foreign trade the FIRST half
of this year is valued at $1,113, ,6O1.-
GOO, as against $75l 1893. 200 for the
first half Of 1919.
Indications are that the total i'm
port and export trade of Holland for
1920 will far exceed $4,000, 100000.
The Washington times., 1920-10-11
FOREIGN BONDS.

Quotations furnished by w. b. Hibbs & Co.
Bid Aak I'd
Hermanner Volksblatt. [volume] (Hermann, Mo.) 1875-1928, 1920-11-12
FRENCH PRAISE FOR
OUR RED CROSS WORK

Landing the work accomplished by
American philanthropy for war.
stricken France. Andre Tardleu, form.
err high commissioner from that ma.
ton to the United States, in a recent
article widely commented on through.
out the French press, says:
1.-THE American Red Cross has ac-
complished q work which calls for
the heartfelt gratitude of every true
Frenchman. In 1918 this great relief
organization spent In behalf of France
nearly. 81, 100000 francs, and in 1919
its expenditures on charitable projects
In u country attained the tremen.
dous total Of III, 100000. 1t has re-.
Gently turned over to the French relief
organizations huge stocks of sup.
plies whose value must be counted 10
the hundreds Of thousands Of francs.
"Fifteen million American boys and
girls, banded together in the Junior
Red Cross Of America, are back of o
movement to establish the closest ties
between themselves and Frances
younger generation through the char.
liable works they have financed, and
are o carrying out among our little
wal sufferers.
"Tha bonds OF friendship between
France and America is cemented with
mutual admiration, reipect and graft.
tpde."
Hermanner Volksblatt. [volume] (Hermann, Mo.) 1875-1928, 1920-11-12

mage, Nebr., serciit 5lt einem mlcbr.
lu0dentlider1 8eiltd Icincr Sertpnno.
ten.
S5obn 9enberIon bat orei SGge
ntilblen beiteIlt, nGnlif Segelcr's.
@nfc'S un0 Wittcn0orf's, I'M in Der.
i6ieOcrcn SbeiIcn bcS Gountp's 81.
Ienbabnifwelcn unO 8allboI3 idgcu
81 Iaiicn.
9enrp $. Mcper, bon I(mu, Mo..
mar lcbte ISOLDE bier lint Den Ser.
tauf bcs betpcglidm Gigentbums ollf
Ger alien Mepcr SeilnItGtte gu Ieiten.
2Ouis unb GrnIt, S6bnc bon @u-
quit 8ebmboener, bon @operlp,
No, befan0cr ii6 porige ISOLDE bier
n1tf geiu4 bel ibren Nlngeb0rigen.
6riB SeImlttbal1ien, bon &aniaS
Gin. mar lebte ISOLDE bier I'M sic
6orn Die er fitr3Itd) bon Serrn
S6ocning faltfte, 5u beieben.
0ntel Senrp 8ebmeper, 81 Sob.
re alt, lieB ii6 ni@t Die Miibe ber.
OrilBen oen peiten 8eg bon ieiner
6arm in eincm Springlpagen aum
StimmploB 5u fabren I'M Ieine 9ir-
gcrpflidt alt5suiiber.
@orOeo Morre bat oa8 S6mic6e.
9eI6Gft al Sen Nogcl gebGn9t un6
lit nod ct. 2oltiS gerciit Inn BORT
Nr6cit 3t nebmer.
Eoitor g. q. S6miot, bon
OwcnSDiIlG, miro beginneno an 4.
Nopember cine Gn5nbl @cbet Ser.
iommlrn9cn in ser biciigen 90. &.
Stride boltcu.
Hermanner Volksblatt. [volume] (Hermann, Mo.) 1875-1928, 1920-11-12
Srafe

glQen &eipeft Dor ulieren 6raucr
bic an 8nbItage gum &ablplabc
famen u1lO ibr Ballot nbgaben.
8oQe so Yro5ent unierer mciblihen
Stimn1geber I'M Ilter bon II bis
"a Sobren madten BON ibrem neuen
9iirgerrehte 8cbrau6. 9en Gamen
tpuroe Die gr0Bte 3uborfommcnbcit
eeidenft ul0 nod ieltcu berridtc
id0nereS GinOernebmen ant @abI.
plase.
Bum eriten Male ieit so Sabrcn
lit Die Qrofc %. 6. STRIDE obre
Srtspaitor. 9as Sfarrballs purOe
on Sobn Sen0erIon ltno SnmiIic
Dermietbet.
Rapmon0 Soft fam in ieincm
Soro g(ltto bon ct. 2ouis bier Olr4
OUT Dem @ege 81 ieinen bel Gbars
Iotte mobnen0Gn gltcru, Geo. 9.
Soft ul,o Satin.
Srau GliIabetb Socotnlann erb1lt
oft bon ibrem Sdpogcr, 6. $.
8rodt, i66ne Siiofriidtc iiib &c.
miiic aus &borr, Teras, 5ugeianOt,
pGbren6 6reO NllIlnleper nlts 8boes
mir, 9(ri5, Icste ISOLDE ieinem 8rl1Ocr
Senrp, bnbicr, cine groBe an3abI
Rieien5uicbel lanOte.
6reb. gtietuoG0 it. lit mad Gal.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-01-12
Delightful Taste, Immediate
Relief, Quick Warm Up.

The sensation Of the year in the
drug trade is Aspironal, the two-min-
ute cold and cough reliever, authori-
tatively guaranteed by the laborator-
les; tested, approved and most enthu-
siast;cally endorsed My the highest
authorities, and proclaimed by the
common people as tenNtimes as quick
and effective as whiskey, rock and
! rye, or any other cold and cough rem
edy they have ever tried.
All drug stores are now supplied
with the wonderful new elixir, so all
you have to do to get rid Of that cold
is to step into the. nearest drug store,
hand the clerk half dollar for bot
tie Of Aspironal and tell him to serve
you two teaspoonfuls with four tea
spoonfuls of water in glass. With
your watch in your hand, take the
drink at one swallow and call for your
money back in two minutes IL you can
not feel your cold fading away like a
dream within the time limit. Don't
be bashful, for all druggists invite you
and expect you to try It. Everybody's
doing 1t.
When your cold or cough is re-
1ieved, take the remainder Of the bot
tie home to your wife and babies. for
Aspironal is by far the safest and most
effective, the easiest to take and the
most agreeable cold and cough remedy
for infants and children. ADV.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-01-12
RUFF STUFF

u
Fairmcatl certainly would be able to
hold its own in a contest for the larg-
est number of writer's of fiction.
The guys who pay forfeits during
raids on gamblers would be the Fair
mont entries.
Cops must be soft to fall for 'em.
But maybe they don't fall for 'em.
Just swallow the fiction and let it
90 at that.
TN take a long time to break up
gambling at that rate.
Remember that old saw about It's
being better to get rid OF the old love
before taking on the new?
Most OF the wise guys must have
thought q that when they read in the
Astonisher this morning that long
ID .orial about Jawn ].
Printed right smack under that lit
Tie editorial card announcing for Jawn
" for president this year,
Eut maybe It wont make any Diff
terence to the Astonisher so long as
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-01-12

greatly dssmar 70 the contents Of The milk pail Peanut
milk will and curdle and when ehned the result is
buttennilk Also the housewife can make pimento cheese
from the subtenanean nut
substitute and when used in the preparation Of bread The
results are favorable Its function Of making ice cream,
favog coffee and hot chocolate has been determined by
practical tests the nuty flavor alone fereniatgts taste
from cows milk.
The cost Of producing milk is said to reasonable, less
than the price being paid for milk from the dairy
Prof Carver has made comparative tests between COW
milk and peanut milk with respect to strength Of contents
claiming 34o per cent more fat and us per cent more
protein in the peanut than in the cows milk The under
ground nut is capable of being converted INTO eight grades
of milk.