davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
LEGAL NOTICES.


NoAAf -
The underEi gned. the school City %
south Bend Ind, hereby gives notice
mat az IT'S regular meeting t0 De held ln
Us Offices ia the city Of South Bend
I'M. on the 18th day Of March. 1920. st
seven thirty 40 tOI B. on. % viii receive
sealed bids for the looming % said school
city Of the following several sums Of
money for the time stipulated as 90 each
loan.
Thirty i've hundred tS3JOoo oj dollars
Tor one year.
Sixty Eve hundred $4,000 dollars
Tor one year
Ten thousand CSIo00oOOl dollars for
one year
Ten thousand lS1oooooOl dollars for
one year.
Ten thousand 100000 dollars for
Sne year.
Ten thousand 100000 dollars FOR
one year
late in their bids the rate o. Interest that
VIII be charged as 90 each several loan.
and also 90 submit with each bid the bid
sders affidavit showing that 80 COLLISION
exists between such bidder and any other
bidder for such loans or any Of them.
The undersigned hereby reserves the
right o. reject any and an bids or parts
thereof
School City u south Bend Ind
By Richard r. DuglaIe. president
Charles i Drammond, Secretary
William elem. Treasurer
Dated this oth day Of March. 1890.
Mar. 10 L.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

MUST BIZ SOLD PV MARCH I. 1920.
Forty acres. . miles northwest of the
city in German township. all well fenced
and has 10 acres large burr oak and
that goes with the place II sold by
March ]. The price for quick sale Is
*, $50. II interested phone Lincoln 1856
EFT
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
INVESTMENTS

~ ; r. lNhENlS
business location 81 f. frontage.
In center Of city, 500 a running foot
:. Michigan St, near center, general
provision store, owner viii sell long
time lease
$. Michigan St. for sale NJ 4 big sac
rihce: a meat market doing on excellent
business, rent $50 per month. has two
year lease
six all modern duplex houses, big
paying investments, $500 to $500.
Eight large houses suitable for room
ing, 5000 to $4,000 These places viii
pay for themselves. Let Us advise yOl
WORDEN REALTY CO.
ATTENTION PROPERTY OWNERS.
There Is a buyer for every house that
is for sale We have q large clientele
who want possession from May to sep
tember. We do not need long contracts,
. TO 20 days Being sufficient 10 sell any
reasonably priced property. We DO not
belong to the zeal estate board. there
fore we can sell you a property for less
for our comm sSiOns are much smaller.
We have a large list OF satisfied clients,
60 whom We would be glad 20 refer you.
Telephone us ana We will send our ap-
praiser 10 value Jour property. Our ser
vice is Of the very highest standard.
Six cars always at EOur service.
ATTENTION HOME SEEKERS
Why be without a home: Our pres
ent istings include 800 houses located
in every part Of the city, prices range
from 81 200 TO $4,000 sold FOR cash or
terms 70 suit purchaser.
Immediate possession southeast section
> room partly modern house, excellent
condition, garage, near car line and
school Price 5000.
Immediate possession northwest sec
tiOn completely modern nome built four
years, oak floors and trim. $500.
Immediate possession northwest sec
ton, all modern seven room house. oas
floors and trim, full basement, garage.
81, 200
Immediate possession, southeast sec
ton, partly modern, garage. $4,000.
Immediate possession, room complete
" modern house. northwest section, onk
floors and trim, full basement. laundry.
lot 52X1I7. beautiful shrubbery and shade
trees, paved street, excellent location.
Price $1,000.
SUBURBAN HOMES
Five room modern bungalow. oak floors
and trim, water in kitchen. bath, fun
basement furnace, garage attached 20
house. small fruit and shade trees. 3
acres Of good soil Price 81, 800 cash or
terms. miles from courthouse on paved
highway.
Five houses With large lots In Rose
land, prices range from $2,1OO 20 81, $50,
cash or terms.
WORDEN REALTY CO
52G Farmers Trust Bldg
Main lis. Open evenings.
$50 II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
Buy Sell Rent

these bonds and interest
The citys net assessed valuation ls
S1Z6 O9G 500. the total debt o. the city
OF South Bend. Ind including this issue.
Is 81 .0J3 5000
NO litigation affecting these bonds Is
pending or threatened against the city.
and no default has ever been made IA
the payment N Us obligations.
The population 81 the city IS about
5000
Very respectfully.
J. A. SWYGART.
City Controller.
T0-T-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

LOST - FocKetDO0R containing money
and cameo ring Between Oh + Wash
ington and street ear depot. Liberal
reward Tor return % Mrs r. y. Nevins.
oil Z Washington. p
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

VA NrTED-Bake-s all around men /;
also bread men Highest wages paid ;
9-hour day: steady work Farley Deli
eafessen Co. 3OT-2O9 :. Main St, Elkhart
Ind. telephone lOlI. 1O3S-lf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
MALE OR FE,IALE mELP.

10 write me at once. Brilliant oppor.
tuuity for good talent. Address Rurrcl
Van Buren,, F-3, Grand opera House
Chicago, III Sill
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

WANTED-A neat appearing young
man 10 work IN soda department.
Landon Drug 80. 1922
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
CLASSIFIED ADVERTISEMENTS
PERSONALS.

South Bend Carpet Cleaning * Wcav-
Ing Co., $50 L0pOrte ay. Rugs secured.
resized and repaired We make huT auC
rag rugs OF all sizes Phone Main -.
1850 II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FACTORY SPACE FOR RENT.
Party going TO erect building for man
ufacturing Win consider putting on
additional story TO lease TO responsible
firm. Phone MaIn 1889 263tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
For SALE

-Four one acre lots. covered with timber.
Just of the Dixie highway. near stop. on
Niles car line The price is 500 per
acre cash or terms. II Interested phone
Lincoln 1JJG. 12J-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
FURNISHED ROOMS FOR RENT.

FOR RENT-1'wo rooms Furnished for
light housekeeping. o adult couple EN-
plOyed. 425 s. Franklin 81. 1034-11
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FOR SALE-On Prairie av., close 10
Studebakers. nine room houses, front
house all modern but electric lights and
rear house has gas, large lot s.. 500
HoratiO Ct, modern duplex home with
steam heat. Possession 30 days
Hill St, FIVE room cottage, bath. gas
city water ciSteTn, large lot. >, 800 on
payments.
w h. McHENRY. Realtor.
200 Farmers Trust Bldg.
Lincoln 5733 9947
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

WANTED-Several bright, energetic men,
capable of earning upward OF SO
week We give thorough course Of in
struction to fit YOU for the work of Yep
resenting one of the biggest business
houses I'm South Bend. Exceptional Op-
portunity for advancement 10 those VINO
qualify. and q chance TO build a profit
able business without inyest ment on
YOUR part Honesty, hustle and deter
minatiOn only qualifications necessary.
Call John Brokenik, Hotel Nickel, be-
tween 9 and 10 o'clock a. m. '61-ts
WANTED-Earber at once; guaranteed
SO and half over S33. Half day or.
Phone Mishawaka 953 T. 4. Hayes,
Nishuwaka Trust Bldg. O'59 II
WANTFD-A BOY l. YEARS OLD To
LEARN IRINTEBS' 1LADE; GOOD
PAY WHILE LEARNING: ONE WITH
PREVIOUS EXPERIENCE PREFERRED
ADDRESS NIGHT FOREMAN. NEWS
TIMES pre-. co. so. BEND. IND.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FARM LOANS
From 5000 O. any amount r Oh percent
from five to % years with privilege OF
annual payments on principle II inter
ested, write or see j. M Jolly, % s.
Main st. South Bend Phone Lincoln
Gi96. NIIa-ff
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
POULTRY FOR SALE.

AVN WIN
FOR SALE-Twa Barred Rock cockreis.
Thompson Bradley strain. also one
white Legh0ru c0ckrel. Call County SO.
BSs-l3
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FOR SALE
Six acres has a frontage OF 3ss feet.
on the Dixie highway, just north OF the
school building at station No. J. Niles
cur line; this tract has Is large apple
trees and 20 nice large maple and elm
trees. and on one or the best paved
roads ia the state II i-terested phone
Lincoln 1850 126- II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

RIDE a BICYCLE and get there or
time. Our Dayton and National carry 4
five Year guarantee Best prices for cash.
Best terms for cash. VI L. Gilman. 40
:. Michigan st SJO-tt
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
Barter And Exchange
REAL ESTATE FOR SALE.

FOR cALE-Three row room strictly
mode-n homes, in-iudinE. walls deco
rated. oak floors AM laundry, near two
car lines and Lincoln school. price $500.
Cash OF pas ments. Del Lecr owner. 1919
Lincoln way F. P1oue Lincoln 1926
429 q
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

LANDOLOGE. 4 magazine giving the
facts ia regard 70 the land situation.
Three months subscription FREE IL for
a home or as an Investment YOU are
thinking Of buying good farm lands
simply write me letter and say. Nail
me Landology and all particulars Free"
Address Editor Landology. Skidmcre
Land Co, 1OG Skidmore Bldg Marinette.
Wis 500 May s
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FOR SALE - 16O acres IN Elkhart
county near Michigan line. Fair
buildings, IS acres VI timber. can give
an attractive price Tor tAe next three
days.
FARM FOR ALE-1G0 acres. good black
loan. all under cultivation. - acres
ia mint; exceptionally good set Of build
ings: one OF the best farms in St Jos
eph county Write Box CSC. care News
Times. SJ2-11
MUST BIZ SOLD PV MARCH I. 1920.
Forty acres. = miles northwest of the
city IN German township. an well fenced
and has 10 acres large burr oak and
white oak timber S acres Of good wheat
March ]. The price for quick sale Is
S3, $50. II interested phone Lincoln 1856
12T-tf
FOR SALE
-Four one acre lots. covered with tim Der.
Just OF the Dixie highway. near stop. on
Niles car line The price is 500 per
acre cash or terms. Il interested phone
Lincoln 1JJG. 12J-tf
FARM LOANS.
From 5000 e. any amount q Oh percent
from five to 20 years, with privilege Of
annual payments on principle. II inter
esJed, write or see j. ". Jolly, % s.
Main st. South Bend Phone Lincoln
$3.50. 6J79-tf
LANDOLOGT. 4 magazine giving the
facts ia regard 20 the land situation.
Three months subscription FREE II for
a home or as an investment YOU are
thinking Of buying good farm lands.
simply write me letter and say, Nail
me Landology and all particulars Free ="
Address Editor LanGolOgy. Skidmcre
Land Co, 1OG Skidmore Bldg. Marinette,
Wis. sS23- May $
FOR SALE
Six acres has a frontage OF 3sS feet
on the Dixie highway, just north OF the
school building at station No. j. Niles
car line. this tract has Is large apple
trees, and on one or the best paved
roads ia the state II i-terested phone
Lincoln LOO. 126- II
AUTOS. MOTORCYCLES. BICYCLES.
FOR SALE tudebaker Is series. o cyl
inder. I passenger cOupee { cord tires.
newly painted and OyerhaUled. VIII
sacrifice II sold at once. C. +. Gish. 3l4
y. Walnut ct. Lincoln J37S. 1O21-12
FOR -ALE-LI0eral terms. ChrevoIet
Baby Grand Sedan. several ChreyOlets (;
passenger; I roadster: two MaxwelIs :
one Dodge; Saxon roadster: Several
Fords. Also KOrpet winter tops for
Fords. roadster 500. touring $50 All
glass doors open with those Of car Best
looking Ford top on market.
BEISTLE AUTO SALES CO,
Main ia $40 Lincoln way "
Open Evening" 9I69- u
FOR sALE-LIBERAL TERMS. ....
New one ton Chevrolet truck
Several Fords. including > passenger
tourings
One Sedan aad one with winter top.
Three MaXwells
Saxon roadster.
Motorcycle with side car ike new,
Bargains Ia new Ford winter tops.
Balance Of stock Never FresZe." 7jC
gallon.
BEISTLE AUTO SALES CO.
3i3 Lincoln way "
Main ia 90 u
FOR SALE-TwO Vim trucks and sew
eral Dodge taXicabs, In frst-class con-
ditiOn and a bargain. See John A. Greif
yellow Cab Co. 95S-1 Is
FOR SALE-ReUu-rt motorcycles. We
have a number OF Harley Davidson mo-
torcycles al rebuilt and r-enameIed: look
Ike new; pick uow for spring delivery
cash or payments. Hagedorn * WEB
ster, 2i6-22 L. Jedcrsou blvd Main ISL.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
HOUSES FOR RENT.

FOR RENT room bungalow in north
west part Of city. Possession May l,
with years lease with privilege Of ,
years. This house is completely modern,
finished In oak; , bedrooms, little bath,
full basement, furnace. laundry and gar
age. No telephone Information given
Call at office OF Wordcn Realty Co, 528
Farmers Trust Bldg. I016-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
NEW HOUSES FOR RENT.

II you expect to move within the next
thirty days better get in touch with us
ar once as we Will have a number OF
new, modern homes that we will rent to
reliable parties.
These houses have living room, dining
room, kitchen. two bedrooms and bath,
hardwood floors, built in wardrobes. cup
boards, grocery SCXes. good furnace,
large basement with Laundry and strictly
modern I'm every respect IL interested
please call at our office, rs we do not
transact business over the telephone.
INGLERIGHT,
Room No. l, American Trust Bldg
TQ0- II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
WANTED TO Boy.

Bend property for 10
acre farm Ia Elkhart colnty, 2l5 miles
from I town. Not In. from South. In
ment. 4255-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FOR SALE - 16O acres IN Elkhart
county near Michigan line Fair
buildings IS acres vi timber. can give
an attractive price Tor It's next three
days.
STARK REALTY co. 3tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

WANTED-Young man TO help on ship
ping floor Must be hustler Can also
use few cover girls. Apply super
Tread Tire Co 104G-11
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
SITUATION WANTED.
MALE HELP WANTED.

WANTED-Waiter and cook. Apply in
person. Ross Lunch Room Mishawaka,
Ind. 1O4O-13
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
Autos. MOTORCYCLES = BICYCLES.

REBUILT BICYCLES az low prices ~
T. Gelman. 422 ;. Michigan 81 81 n
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
BUILDINGS TOR RENT.

BUILDINGS FOR RENT.
FACTORY SPACE FOR RENT.
Party going to erect building for man
ufacturing Win consider putting on
additional story TO lease TO responsible
firm. Phone MSin 1889 263tf
REAL ESTATE FOR SALE.
FOR SALE-Eight-room furnished flat
1899. b
FOR SALE-Cheap, short lot in MuesseI
addition; save commission. Cau owner
Main 11J1. 1927 ID
FOR SALE-By owner, room modern
house, $500 cash; excellent location.
Write Il. .. Box .. Give phone number.
9S9-tf
FOR SALE - Six room house modern
throughout; good location. For quick
997-13
FOR SALE-TwO modern houses on same
lot Price $1,000. Phone Lincoln PIP
Owner after q p. m. 29S-13
FOR SALE-A rooming house, 800 block,
:. Main st, splendid location and a
money maker. Inq 31T ). Main st.
~ a.
FOR SALE
modern house. Haney ay. .....S9. 600
modern house, s. Michigan 81. $500
modern house, =. Fellow St. 600
modern house, l.. broadway 600
modern house, l.. Indiana .... 800
modern house, \. Allen st o. GOO
modern house. T.. Bowman St.. 100
modern house, ;. High St ... 1000
2-partly modern houses, y. St
Joe st OBSERVATION-DISCLOSURES. 400
partly modern houses, l.. Ohio
St ..-.....-.. .......- 81. o,JVO
partly modern houses, L. Ewing
j. \. MCCULLOUGH
Residence Office
$50 L. Wenger st. 235 5 aIch. St
Ma11 1aS6
S19-tf
FOR SALE-West Washington Av. A
piece Of land on the corner OF Wash
ingtOn aud Chestnut 40 feet on Wash
instOn. 1lj feet on Chestnut, with a six
room bungalow, not modern Fine lOca.
ton for business block.
WM HAPP. REALTOR
3O4 Citizens Bank Bldg
Phone. Lincoln 1J1l South Bend. Ind.
20 u
FOR SALE.
Allen St. Groom modern, $500.
;. Lafayette blvd, 12room modern,
$1,000
Columbia St, 7-room modern except
furnace, $500
J.. Madison st, broom aOuse $3.50
L. Madison St, corner Arthur, SrOOm
house. $500
Z. Fox ST. 7-roOm, part modern. $500.
Village Of Lydick, broom house, cleo
trio lights. , acres. about - fruit trees
chicken house. wood house; Immediate
possession. with furniture. $500; with
out furniture. s, 200
Village Of Lydick. broom house. barn.
About one acre. 81 coo
". u. Dunnahoo. keaitor,
40 J. NJ : Bldg.
Phones, office Main I Res Harrison 33F1.
J79-tf
FOR SALE-Bu sineSs property. LOca-
ton, West Washington av. Corner lot,
brick construction, consisting Of three
story building with basement. Modern
apartments uu second nOOr. Each
equipped with steam heating plant. This
is al attractive property
WM HAIP, REALrOR
- Citizens Bank Bldg.
Phone: Lincoln lJ71. South Bend Ind.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

FARM FOR ALE-1G0 acres. good black
loan. all under cultivation. - acres
ia mint; exceptionally good set Of build
ings; one OF the best farms in 81. Jos
eph county. Write Box CSC. care News
Times. SJ2-11
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
LOST AND FOUND.

LOST AND FOUND-Purse containing
money aud cameo ring on T. jefferson
blvd or Lincoln way J.. Ring cherished
O. keepsake. Please return purse and
ring and keep money for reward Oh
T. Washington ay. 1O2S Il
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

LOST-Bctween LaSalle end sample sts
on Lafayette ST., a sllcker coat Can
at News-Tlmes. 1851 II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
PUBLIC sALE

PUBLIC SALE - Mach 10 - IA head
horses, 4O lead cattle. ~ head hogs
and farm implements; III miles north
west OF South Bend on Reynolds farrn-
Jacob " Geyer 2IO-l5
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11
WANTED
WOMEN

WVhN. I" / 41-NIN4' ~ "
GIRLS WANTED - Short hours: good
paw. New York Candy Kitchen.
9T9-1i
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

WANTED-Single man on farm by
month Experienced. Call County
2S-F-2 1911 -1G
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-03-11

LOST OR STOLEN-MOney purse. in
post Office. containing between s. or 80 /;
finder please return 20 News Times or
file Reward. 1000 II
The Washington herald., 1920-04-10
MONEY.

New York, April s.-The time
money market was quiet today at
skas per cent nominal quotations
for so and 90 days. Some contro-
versy developed among brokers re-
karding the reported lending of
fixed date funds up to about s5,000,-
900 Thursday. It was inferred in
some quarters that loans on time
made daily for a number of days had
been Jumped in the reports, while
other brokers confirmed the lending
Of S5,o0O,o00 yesterday. 1t is rea-
sonable to expect that the gold i'm
ports will before long cause some
PelaXaIiou in the time money mar
ket. Fixed date loans are at the
tfUsrIt time the surest test Of the
credit attitude of the large lenders.
PRIME mercantile paper is occa-
sionally discounted in the interior
at ca per cent, but the average min
imun is Z per cent as heretofore.
Prime bank acceptances are mod
.erately active at unchanged rates,
and call loans on acceptances are
still 5ls per cent.
Money on call opened 6. high 10
low s, closed S. ruling rate per
cent.
The Washington herald., 1920-04-10
GRAIN.

Chicago. April s.-The corn mar
ket was to 2A cents higher to-
day. May corn equalled the highest
price of the season, while July and
September were within a small frac-
tion of the high point. Lack OF
selling pressure was the principal
cause for the advance. The buying
was credited principally to some Of
the largest shorts, who were forced
to cover by the strength displayed
in both oats and rye.
Corn exhibited much strength, al
though trade was of a reduced vol
ume. The lack of selling pressure
made, 1t easy for the bulls to ad-
vance values and prices were quick
to respond to the moderate buying.
There was little In the news to in
spire activity one way or the other.
Receipts were estimated at only
fifteen cars. Reports on the rail
strike were conflicting. Union of
ficials claimed that conditions have
been slightly improved In Chicago,
while the insurgents claimed that
conditions are growing worse every
day.
The Washington herald., 1920-04-10
FREIGHT RATES
M MUSTADTAAGE|
Only Logical Solution 70
Satisfactory Arrange
n,ent With Labor.
EFFICIENCY A FACTOR
Railroads Must Receive AID
In Order to Satisfy Pub
lies Requirements. =
EFFICIENCY A FACTOR

Statistics show that i've years ago
section men on railways averaeod
$454 year. Now they get APPROX
mately 1894. an increase Of 1oe Per
cent. Passenger conductors who re-
ceived 1850 a year in 1915 now rs-
ceive se.70o. and engineers who re-
ceived s2.14o now receive s3.oso. the
latter increases being about 46 per
cent. The average increase Of ali
classes OF railway employees has
been so per cent, which about equals
the average increase in the cost Of
living since the world war begtn.s
Recently, however, there have ben
general increases In rent which
weigh heavily upon large families,
and the cost OF clothing isAex-
tremely high. From this there youff
seem to be some ground fer fhs'
recent demand for a billion doiiaF.
increase in railway wages. Perhsrr
the railway employees do rct s-es-.
all they Have asked for. hut unskss
the cost of living is to 6>Siina. some
Increase Is justified. Manu- =. Hess.
and shippers Of gooos Eehsr.ii1.
therefore, seem c0uyis se6 tnat
higher freight rates arc in order. An
increase Of Is per cert will
be necessary Or the basis Of
present wages. and tf i7e present
demands for higher w&Ess are met.
an increase OF 25 per cert may be
necessary. Price fixing has been
eliminated in the coal industry As
of April l with the provision that
the coal miners shall receive an in
crease of 81 per cent in wages. This
means higher coal prices. another
burden upon the railroads. -
These considerations focus public
attention upon the Commerce Com
mission and the Reserve Board. The
Commerce Commission must act
quickly to increase freight fateszff
il is to measure up to its responSi-
bility in giving the railroads . fair
income return after paying living
wages. But perhaps the Commerce
Commission hopes that prices VIII
decline and that higher wages and
higher freight rates will not be nee
essary. In this hope il will be DIS
appointed, however. unless the Fed
eral Reserve Board raises the reds
count rate on commercial PAPER
from to z per cent very promptly.
because the 6 per cent rate fixed In
January has not forced commodity
| liquidation.
The timidity OK the Reserve
Board. it is pointed out, In
checking imitation and the pro-
crastination OF the Commerce Com
mission in regard to rate increases
both work to stimulate public ex-
travagance. With transportation
rates at a subnormal level, trade Is
unduly stimulated. Similarly, with
! interest rates at an artificially low
/ and unsound level. there is overbor-
rowing of credit. Higher freight
rates and higher interest rates are
needed to correct the present abnor-
NAL conditions. High freight rates
will reduce traffic and employment.
High interest will reduce spending
power and therefore the demand for
goods. Both would increase prices
| and that must be done IL labor is to
work efficiently and contentedly on
| a stable wage basis.
The Washington herald., 1920-04-10
American Car and Foundry Directors
May Authorize Extra Dividend

It is currently reported and seems
to be founded on substantial facts
that directors of American Car and
Foundry are likely to declare an ex-
ira disbursement Of per cent at
their June meeting. thus inaugural
ing a policy Of more liberal divi-
dend payments.
American Car and Foundry has
been prospering and Is now doing q
very large business, due to heavy
carry-over of untitled orders from
last year and to a somewhat unex-
pected bulk OF repair work. all indi-
eating that the year 1880 should
be an exceedingly good one.
The company's fiscal year ends
April 80; therefore all reports will
be made up covering a part Of each
calendar year.
It Is said that on May last
American Car and Foundry had
more than s1oo.o00.ooo Of untitled
car orders on hand, not including
important export orders. With the
railroads OF this country returned
to private ownership the long-de-