davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-03-14
In Wall Street
Whelan Optimistic

George J. Whelan, president OF the
United Retail Stores Corporation, and
one Of the leading interests in the to-
bacco trade. left Tor Europe yesterday.
in an extremely optimistic frame Of
mind regarding the outlook for the
tobacco Industry. He predicted that
1920 will bo one Of the most prosper
GUS in the history Of the tobacco com
panies. ut matters not" said Mr..
Whelan, whether general conditions
are favorable or adverse. The year
1919 in which tobacco companies had
to readjust themselves to peace basis,
was trying ono for them. But not
withstanding that the tobacco compa-
nies as a whole made good showing,
and with the difficulties Of 1919 elm
mated in 1920. their showing ought to
be the best in their history" Mr..
Whelan expressed the opinion that the
stock market appears to be in pretty
good hands. American Tobacco stock
was one Of the strongest spots in the
market yesterday, advancing IN points.
1t was rumorcd that Mr.. Whelan's
trip to the other side has to do with
negotiations said to be under way to
obtain control of the tobacco monopoly
in France, which is now held by the
French government.
New-York tribune., 1920-03-14
Reserve Ratio
OF Federal Bank
Shows Advance
Due Largely to Decrease in
Rediscounts; Cold Re-
serve Drops S7,246,358:
C.. H. Excess Increases

The local Federal Reserve BANKS
rate Of reserves to net deposits and
combined Federal Reserve note liabili
ties at the close Of business last Fri
day stood at 3S.6 per cent, contrasted
with 38.l the week preceding. The
banks ratio Of reserves to net deposits
after deducting the required 10 per
cent gold reserve on reserve notes in
circulation was So, per cent, an in
crease of OF per cent
The improvement in the banks asset
position was due mainly to a reduction
Of $14,s95,S34 in its discount opera
tlons with member banks Total bills
on hand at the end of the week were
81 3,6S6,263, a decrease of S14S95, ,SSs
10 bring this about there was re
duction Of $28,621.34S in discounted
bills secured by government war obi
cations, while bankers acceptances
dropped from S22S, 600 $50 to 1925 $685.
54l. Advances on commercial paper
showed further increase, the amouns
held now being 1894 ,639 ,O64 compared
with S228, ,292 ,261 held on March 5.
There was decline OF s7,246.35S in
the total gold reserve. The decrease
was caused entirely by loss of Sl4
226,b82 in gold coin and certificates. ss
there was an increase in the gold set
tlement fund of $7,46S. .l56. Among the
liability items there was shown an In
crease of $16,600,000 in the banks cor
tingent liability as an indorser of bills
discounted with other Federal Reserve
banks.
AS result of the weeks activities
of the Clearing House banks an IN
crease of $26,341,3 was shown in
their excess reserves. that item being
brought up to 500 ,o40.420. Loans and
discounts increased s270520o0 TO S.
l31, ,469,000. while reserves At the Fed
eral Reserve Bank increased S33,1lSr
600 to S554 ,349 0Oo. Net demand de-
posits amounted to S4,139 ,852 900, an
increase of $59.5S4 900.
New-York tribune., 1920-03-14
Going Up

Standard Oil of New Jersey common
continued it's rise in the Wall Street
market yesterday, adding IS points to
its high of the previous day, selling
at $3.50 share over the counter. This
set a new high record. 1t is under
stood that an early announcement is
to be made by the company of plan
involving splitting up each share Of
the present outstanding stock into four
new shares of $25 par value.
New-York tribune., 1920-03-14
Electric Storage Battery
Earned S28.06 a Share in 10

~, As result Of operations in the wear
enaea december 81. 1919, the Electric
total income after charges bnt hayora aIsa
Federal taxes of s4,SOO,S12. eouivnIent
after preferred dividends, to SIS os ~ -
snare earned on the common stoct
"hich sa. compares with $3,949.S73 ~
S24:45 share, in 1918. ''''' or
ooo net Net sales last year aggregated Sc
ooo,So2, or s1,175,0a5 more than in ~ ~
preceding year. After operating ex. .
penses Of $1,761,0 net amounted r.
ss4'o59'19l. . Holders of the stock shared %
s5;oa4,lss "a ~ in dividends. leaving ss-
New-York tribune., 1920-03-14
McCrory Stores Earned 5000
A Share on Common in 1910

On total sales of sll l,4s7,o ,o45. the
McCrory Stores Corporation in 1919
earned surplus of s33a,79s. eauiva-
lent to S6.6e share on the $4,000. 900
common stock. which compares with
surplus of $223,9sl, or $4.4s. share.
IN 1918. This sum was arrived at
after allowing for all taxes, charges.
sinking funds and preferred dividends
ct 37p,709. Added to the previous
balance of $915,388, profit ana loss
New-York tribune., 1920-03-14
American Metal Votes to
Increase Canifa1 SsocL

~ stockholders of the American Meta,
company, Ltd, have voted to increasa
IN me oo outstanding capital stock from
sfooo,ooo to $14,0OO,0OO by tha -.
st3, suance Of 10000 shares, sl0o par. to
stockholders DC, of record March TX "
:. t Ihe new shares will be issued on or
aoouI .,;'' June Is, and all stockholders
a,,t., VIII take their pro rata allotment. The
e,ror'oeo ses 91on ooo capital of the company IL
Shooo.o00 is outstanding.
sprnilie Braden has been elected . Al.
~, .. me American Snip and Commerce
New-York tribune., 1920-03-14
United States Mortgage
and Trust Celebrates

The United States Mortgage and Trust
company, celebrating the completion
OF alterations in It's main Office at
Seoar street, Yesterday gave house
warming, at which employees from the
uptown branches were guests COW,
pany band Of nine pieces made its
debut S'
by adding mezzanine floor the COM
pany has increased it's floor space bv
1000 feet, which will be used by the
credit department and the new busi-
ness and publicity departments.
New-York tribune., 1920-03-14
Plugging the Leaks

The public has been SO much i'm
pressed with the losses and troubles
which the railroads have suffered
under government control, in the opin-
ion Of a New England observer of mar
ket conditos, that it has not given due
consideration to the great increase in
freight and passenger rates, the large
savings to accrue from the return to
private operation, the substantial saw
ngs which would result from a gen.
eral decline in commodity prices, and
the heavier car loading likely to result
from the terms of the new law. It is
estimated, for instance, that the rail-
road administration took on \ large
number of superfluous Offices employees
variously estimated from 10000 to 2OO,-
600, the dismissal Of which may be ex-
pected to add from 0,00O, 900 to $780,
100000 to surplus earnings. A CORE
spending saving can be accomplished, it
Is held, through the elimination Of
wasteful purchases of materials and
supplies and such restoration Of eff
ficiency should reduce the average op-
Grating ratio by to / points. Such q
reduction would add from 1856, 900 900
to $523, 100000 to surplus earnings. It
is also estimated that decline in COM
modify prices would cause additional
large savings, amounting to approx
mately $13,330,000 for every l per cent
decline in the average price of rail-
road materials and supplies
New-York tribune., 1920-03-14
Boston Curb
IS Am naA .~4

s5S 20 4 4 Pick Pick 3...;.. a. a. "a IA
,ado aao 40 pf ....... s5 e5 ssE asn
30 % HEamour pf .:10oh 10l 100 1SS
~ AZ RReaser Rea I'd pr 80 30 30 %
a2o 20 Chi Pneu Tcoi 81 = "a 81 -
IA a. com.My cunsny paI.an a;.3o9 ,e9 ,eo ,eo lso
aoo Cont Motor... iix Six iys ~, 10!
iyS ~ Liam Liam Match tas l2s 1ss ,aaEs ia
supp Motor. Is IS ~
New-York tribune., 1920-03-14
Saxon Motors

According to the gossip Of the Street
strong pool has been organized in
Saxon Moters common with a view to
exploiting it's speculative possibilities
on the bull side. On the February
break Saxon dropped to 13ss. The com
pany before it encountered financial
difficulties two or three years ago was
fairly prosperous. Last November the
company was reorganized on a basis
which started it's new corporate exist
ence with cash of 81 ,229, ,03s, accounts
receivable $265,937 and inventories of
$735,94S. Against this was $92,405 for
accounts payable, leaving net working
capital Of $2.230,923. Efforts of the
management are being directed, it is
stated, toward strengthening the COM
pany's trade position among motor car
manufacturers. There Is S1,25O,0OO 8
per cent cumulative preferred stock and
10000 shares of no par value out
standing, with 200 shares in the
treasury.
New-York tribune., 1920-03-14
London Money Mark Of

LONDON, March i3.-.Bar silver
7o1sd an ounce; bar gold, 112s Id
Money 39a per cent. Discount rates.
Short and three months bills, s 1l-16O
oA per cent. Gold premium at Lisbon
LAO
The toiler. [volume] (Cleveland, Ohio) 1919-1922, 1920-10-30

Moscow (Via Christiania and London) Oct.
22.-The body of John Reed lies all this week
in state in the Labor Temple of Moscow with
guard of honor of fourteen soldiers of the Red
Army October "a, it will be buried in the
most hallowed spot in all Russia, by the north
wall Of the Kremlin, with great funeral de-
ranged funeral holiday so that all the work.
ers of Moscow may attend
The toiler. [volume] (Cleveland, Ohio) 1919-1922, 1920-10-30

The Tar Nicholas once complained that he
because unfortunately, the best composers were
guilty of the crime of sedition and he could not
encourage them
Today the Tar Nicholas lies in hole in the
ground of Siberian village, and the sweetest
music of Russia is played in his palace to the ears
of the plain workingmen for whom the composers
really wrote their music anyway.
In Moscow there died the other day a great
American literary artist, John Reed. He was a
young man, only thirty three, and already known
about the earth as one of the finest of American
artists.
John Reed began his career ten years ago as a
reporter for the New York World and for the
New York Tribune. He did well. Very soon he
graduated from the ranks of daily reporters and
was acknowledged as one of the most brilliant
writers on the high-priced magazines that spend
their thousands to get the best of writing.
And what is the reward of such success? A
Riverside Drive apartment, country estate, an
automobile - the right to associate with the
sort of people that live that sort of life. The
people that live in those ways are stupid They are
drunk most of the time. They never know what
to say, and they like to have John Reed around
to say the things they can't themselves think Of
They buy expensive clothes for themselves and
their women whom they also have bought; and
they eat and they drink, and they have headaches
and they quarrel with their women-cattle, and the
The toiler. [volume] (Cleveland, Ohio) 1919-1922, 1920-10-30
John Reed Is Dead
By Robert Minor.

women quarrel with their men cattle-herders,
and then they don't know what to do next So
they go and get young writer's, artists that are
fresh and strong and young, and they bring these
in and eat with them and drink with them, and
get the young artists 10 talk for them.
And the young artists are supposed to be
grateful for the company of the extensively dress
ed persons and for the dinners and the auto
mobiles and the "social position" If the young
artists are grateful, they become more and more
like the people that surround them, and slowly
they lose their art They sink into the position of
clowns for the besotted aristocracy in private life,
and they become writers of excited drive for the
magazines and the book market, drivel without
real connection with life - drivel that flatters
their surroundings and lures the jaded clerks
and the middle class to strive to succeed in business
and thereby gain place in the automobie-cock-
tail-Rverside Drive drunken swirl of the stupid
propertied class
The artist grows DID, becomes bourgeois,
stodgy and dreamless, depends upon his cocktail,
and he qualTels with his wife about silk dresses
that no artists mind should ever bother about
That is the way that most American artists
have gone in the past; that is success as the
bourgeois world offers it; that is the way they can
win approval Of Tzars of Russia and Tzars Of
Fifth Avenue.
John Reed looked with young eyes upon the
success that was offered him. He saw that it was
not real. He saw that the silk was really rags
and the wearers' fools. He didn't listen to their
stupid talk, but listened to workers in mines and
factories and !. w. w. halls and around camp
fires, and he heard them say that the day was
coming when the palaces would be empted of fools
and drunkards and that they, the workers, would
live there And John Reed liked that. 1t furnish
ed him with a new dream. 1t made his young
blood jump again, it kept him an artist John Reed
became revoutionist. He sang his song louder
than ever and sang it for the revolution.
He went to Mexico to find the revolution. He
went to Russia and did find it. And what he
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
MEMBERSHIP OF LAFAYETTE
COUNTY FARM BUREAU

COUNTY FARM BURE
Mr. Farmer, if your name is
lere, why not?
H. P. White.
G. C. McElroy.
+. E. Fletchall.
Carl King.
l.. C. Tatum.
Hargis Redding.
t. W Mooney
j. c. Hartsfeld.
B. K. Collins.
w. d. Austin.
J. E. King.
Robert X. Williams.
5 vi Sneeu.
u. I. wilson.
w. l.. Heard.
NJ Price.
Dan Altman.
Hunter Foust
J l.. Perkins.
G.. W.. Price.
Douglas Walker.
w. C. Wells.
j.. D. Gregory,
w. NJ. Rogers.
J F. Goolsby.
J M. Saunders.
7. j. Boatwright.
4. c. Ragland.
J. NJ. Daniel.
c. L. Ship.
j. ? Sharp.
X. M Hickey.
D. S. McLarty.
w. w. Kimmons,
l.. X. Bailey.
G. c. Stephens.
T ]. Smith.
C A. Lock.
B. w. Jones.
J. E. Mills.
N. E. Parks.
J. B. Cole. NJ.
J. r Naples
J. NJ Smith.
]. G. Hurdle.
w. L. Walker.
w. C. Turpin.
V. H. Jones.
] H. Watts.
E. L. Williams.
Jim Hamelton.,
J. r. Smith.
R. o. Waller.
Alvin Hips.
A. G. Tatum.
]. B Hips.
J. D. Jones. ;,
Cliff Jones. i
Durley Jones'. I.
Jim Carwile..
Hardy White.
w. N. Scott.
J. C. Eskridge-
P. T. Gamble
A. @. Roberts.
T. w. Denton :,
J. J. billiard.
w. A. Spears.
A. B.. Jones =
J. B. Howell. :,
W. l. Hargis. =
Mrs. Durley Jones.
S. M. Moore.
J. c.. Carothers. ~
W D. Franklin.
W. d. Hedleston.
i. C. Sanders. ~
". w. East.
]. P. Kitchell.
R. F. Saunders.
C. M Gilmore.
Dulon Cole.
M. l.. Waller.
]. C. Holman.
C. Y. Ayles.
| E. Walker
] E. Tatum.
]. B. Kelley.
w. E. McLarty.
G. 9TH.
w. T. Reynolds.
Jarvis B. Reynolds.
A. L. Simmons.
B T. Murray.
Geo. C. Hall.
J. H. Blasingin.
J. H. Crouch.
A. F. Galloway.
E. C. Dooley.
H. G. Arnold.
e. C. Golfer.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
WHAT THE WAR COST IN
DOLLARS AND CENTS.

Washington, D. c., Dec. S.-The
net cost of the war to the American
Government was fixed by Secretary
Houston today at $24,010,000,000.00.
This, he said, represented the lad
justed" expenditure of the treasury,
excluding all other outlay which had
NO relation to the actual prosecution
of the war during the period from
April 6, 1917, to June 80 last, which
ne said, covered the extremes of the
governmnt' wartime fiscal opera
lions.
Total expenditures by the govern
ment during the period covered, ex-
cepting only postal disbursements
from postal revenues, were $39, $780,
.S12,S94, treasury figures showed. Of
this amount $16,O7S, S44,O97 was OBJ
tanned in taxes and revenue from
sources other than borrowed money.
Mr.. Houston said a deduction Of
So, $685. 100000, the amount loaned to
foreign governments should be taken
from the grand total since these loans
will be repaid and consequently can
not be charged as actual expenditure.
The secretary made other deductions
aggregating approximately $780,
100000, which ie said represented
the excess cost of actual government
operations for the three years and
three months over what they would
have been in normal times.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
IN MEMORIAM
NJ. S. L. Oswald

/ To The Worshipful Master, Ward
ems, and Members of lula Lodge No
440, A. F. & A. NJ;
We the undersigned committee ap-
pointed to draft resolutions on the
death of Brother M. S. z. Oswald, beg
leave tosubmit the following:
Whereas, on October 8, 1920, it
pleased the divine Ruler of Heaven and
Earth to remove from this existence
to the one beyound, our beloved Bro
Their, therefore be it reslved:
First; That in the loss of Brother
Oswalt, this lodge is deprived of the
counsel, advice, and help of one of it's
most loyal, faithful, and charitable
members, the town and vicinity one
of its most useful citizens; one who
prizes looking to the upbilding of the
community, and the welfare of the
poor and needy.
Second; 1t was a characteristic of
Brother OSWalt to stand by MS DfeCn-
rem and friends, both in prosperity
and adversely, always ready to whisper
good counsel in their ears, and give
substantial aid when needed.
Third; That his wife and children
have lost a loving and devoted hus-
band and father, always ready and
willing to do all in his power for their
comfort and pleasure.
Fourth; That these resolutions be
spread on the minutes of the lodge and
copy furnished his wife and each of
his children.
Fraternallly submitted,
CLAUD HARVEY.
FULTON BELL.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
MINISTER STAYS
BROTHER-IN-LAW
Family Quarrel Cause of Shooting
Near Florence, Ala.

Florence, Ala, December John
Darby, a local Methodist minister,
shot and killed his brother-in-law,
Lyons Sherrod, and wounded another
brother-in-law, Sam Sherrod, on the
public highway near Oakland Mon
day. Derby and his wife, sister to
the Sherrods, had separated and bad
feeling existed between the men.
Sam Sherrod is said to have been
armed, but the man who lost his life
is said to have been unarmed and
was shot when ne came between his
brother and Darby. Sam Sherrod
was shot in the leg and will recover
Darby came to Florence and sur
rendered and is now in jail The
parties to ne tragedy are wellknown
citizens.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09

The Housekeepers Glass of the
Methodist Sunday School was delight
fully entertained by Mrs. Murphy at
her home on University Avenue. A
very sweet and interesting program
was carried out bearing upon the white
Christmas, after which delicious re-
freshments were served. Mrs. Muir
ply assisted by her charming little
son and little Elizabeth Scott added
much to the afternoon by the gracious
manner in which they served their
guests. The Class will hold it's next
social with Mrs. A. F. Galloway, at
Fair View.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
M'LENDON SENTENCED
Convicted at Oxford, Miss, of Evad
ing the Draft Law.

Federal court convened here Mon
day with the usual crowd in attend
ance. Judge Holmes and the officers
of the court got down to work early
and the grand and petit juries were
Impaneled.
One of the first cases disposed of
was that against Earnest McLendon
of Memphis. McLendon was given 80
days in jai and 500 fine for evad-
ing the draft registering law.
Many whiSkey cases are to be tried
and busy term is expected. A num-
Der of visiting attorneys and wit
nesses are in acknowledgements
al Appeal
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09

The monthly meeting of the officers
and teachers of the First Presbyterian
Church Sabbath School was held
Tuesday evening $3.50 to 7:30) in the
Annex of the Cslurch. Befc.e taking
up matters of business the eighteen
workers enjoyed a fine oyster supper.
Reports from tbs various depart
mnts of the school were very satisfac-
tory, and show that good substantial
work is being done. The large num-
Der Of grown people attending for
regular Bible study is a source of
great encouragement.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
HCp >PITAL TO OPEN.

DR.. CuIlav has announced the open
ing of the Oxford Hospital to take
place on Zee. Is. The building has
been conn eted and will be thrown
open for public inspection next
"Wednesday light.
1t is all announced that the ladies
and frien', of the institution will
shower IL new hospital Wednesday.
The doctox iidnot give us this infor-
nation, however, but we have learned
that there IS a genuine surprise in
store for this handsome physician.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09


On Monday afternoon at the final
business meeting of the year, The
Woman's Missionary Society of the
Methodist Church elected the follow
ing officers for the new year 1921.
Pres. Mrs. E. N. Lowe, LIST V. Pres.
Mrs. Alice Steinbeck, End V. Pres.
Mrs. w. C. Murphy, Cor. Sec'y. Mrs.
Brooks Patton, Rec. Sec'y. Mrs. Mar
DIN Dooley, Tres. Mrs. J. O. Order,
Asst. Tres. Mrs. E. E. Temple. Supt'
Mission Study Mrs. M. L.Duncan,
Supt. Social Service, Mrs. Louis Sisk,
Supt. of Supplies, Mrs. Sid Webster
and Mrs. Geo. Knight.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
FARMERS MEET AT
COURT HOUSE.

Last Saturday the big court house
was pretty we'll crowded with farm
ers, from all parts of the county, COM
ing to hear something about the the
proposed Farm Bureau.
Mr.. c. w. Watson of Memphis was
on hand and made splendid talk
on the Farm Bureau idea, after which
several gentlemen made short talks
including Judge James. Stone, O. F.
Turner and others. The information
was well received and rousing meet
ing is planned for Saturday, Dec. Is,
rain or shine.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
WHAT HTE FARM b. REAU is.

Continued from page one.)
will be called on to pay to the Farm
Bureau.
All cost of operation will be added
to the prices of the products handled
and the $40 which you put in the
Organization will always be there,
and if it ever liquidates the $40 which
you first paid will come bac.: to you.
Now, if this business isn't worth
ten dollars to you it isn't wo. tn very
much.
Buying too high and selling too
cheap has been the common topic
among the farmers as long as | can
remember and l am unable to under
stand how man can complain for
a lifetime about conditions that, he
can remedy for ten dollars.
But, we say that these are hard
times. Indeed, this is true, but the
purpose of this organization is to
SOICCu IIlcSc JlIIlcS.
AS long as crossties are $1.35
piece and fire wood Sc per cord there
lis no reason why every farmer, re-
CARELESS of his financial condition,
cannot raise S10-if he wanted to.
So the situation is simply this:
If you want to join the Farm Bu-
reau you can, and if you do not want
to raise the prices of what you are
selling and reduce t:ae prices of what
you are buying you have been wear
ing a falseface and telling things
that are not true.
Think of it, the price of hundred
pound pig, or a two months-old calf
will help to remedy the conditions
that you say are running the country,
and yet you say that you can't pay
the price.
| feel sure that the business con-
ditions are in worse shape t,1an they
have been since have been old
enough to remember, and yet am
not a pessimist. The brightest pages
of American history were written in
this darkest hour. 1t was through
hardship and depression that tae
thirteen American Colonies were
forced to see and to appreciate the
strength and benefits of co-opera-
ton, and it may be that these tried
times will cause US to think and work
to this same end.
This is our country.
Lafayette county belongs to us
and it is and will be just as good as
we make it, and no better.
You are in no position to charge
that the farmers won't stick together
when you, yourself, have not don
your duty.
Let us all come to tle front and
put this movement over and resolve
that we will do our full best next
year.
When we have put the Farm Blu
reau over the home plate, let's go
home and go to work. Buy just as
little as we can and buy that just as
cheap as we can and l prophesy that
within twelve months there, will be
smiling faces on every farm in the
great county of Lafayette.
o. F. TURNER.
Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-09
S. w. E. PEGUES DEAD.

The deasl of Mr.. S w. f. Pegues
which occurred in Oxford this week
was a shock to his many friends and
relatives here and will be sad news to
his many friends in Washington,
where he has lived for the past 30
years.
A more complete write upof his
demise viii appear in the Eagle next
week.