davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-06-26

The present sharp decline in the
price of silver may solve a coin
age problem for Great Britain.
One of the monetary difficulties
was to prevent the melting of sill
yer coins and their sale as bullion.
This operation was profitable re-
Gently because of the abnormally
high price of silver. The drop in
the price of the metal has already
eliminated that form of 'profiteer-
ing" by making it no longer pay
ing operation.
The fall in silver may also dis
pose Of another dificulty, namely,
preventing a loss to the Govern
ment in the minting of silver mon
ey. Recent high prices meant that
the government had to pay more
for silver than the value II repre-
sented when coined into money.
A Serious Situation.
The situation was considered so
serious by the British treasury that
Parliament was asked TO take steps
to remedy it. A bill was intro
duced to permit the issuance Of new
coinage containing less silver ana
more alloy than the present silver
money. The plan proposed by the
British treasury would, IL Parlia-
ment approves, reduce the compo-
sition of silver coins to one-half
pure silver the balance to be alloy.
In support of the new coinage
bill spokesmen for the treasury
have argued that while there would
be a less amount of silver con-
tanned, the reduction would not
mean actual debasement of the
coinage.
The proposed new coins, they
commanded, would be equal In In
trinsic value to the prewar value
of the presetn coinage so long as
silver remained at 46 pence an
ounce or over. On the other hand
silver would have to reach l22
pence an ounce before there would
be a profit realized from melting
the half silver and half alloy mon
ey for sale as bullion.
Parliament Has Control.
There can be no change made in
the standard of British coinage to-
day unless Parliament, sanctions 1t.
But in ancient times the reigning
monarchs used their own discre-
ton and made debasement Of the
coinage a source of private profit.
Part of the precious metal saved by
reducing the standard went to I'LL
their depleted purses.
The Bankers Trust Company Of
New York in a study Of English
Public Finance" just issued. shows
that the first debasement Of the
coinage recorded was in the reign
of Edward I when, In the year 1900.
the penny WAS reduced one-half
grain in weight. 30 that 243 pennies,
instead Of $40 as before, were struck
from pound OF silver. In 1914 and
again in 1876 the standard was fur
ther lowered, raising the number OF
pennies in the pound to 27o.
In the reign of Edward Nv. in 1864
and In 1895. the number Of pennies
The Washington herald., 1920-06-26

the railroads in this case. In other
words, we are asked to consider the
value of American railroads to be
s3,00o,ooo,000 greater than the total
value of all their stocks and bonds
outstanding in the hands of the
public.
The par value of all railroad Sc.
curitfes in the hands of the public
December 81. 1915, was S16,332,578,-
32S. have written to the com
panies handling over s5 per cent of
the traffic in the United States, and
find very small relative amount of
securities issued since that date.
This 10 in marked contrast with the
$50, 500. 100000 demanded as a basis
by the railroads in this case"
The Washington herald., 1920-06-26
SPICER MFG. co.

The Spicer Manufacturing Corpo-
ration has declared an initial divi-
dend of so cents on the common
stock. payable August 1 to stock
of record July 20. The regular
quarterly dividend of SO was de-
clared on the preferred stock, pay
able July to stock of record
June 22.
II is understood that net earn
ings after taxes and available for
dividends for the four months end
ed April 30 were at an annual rate
of in excess of s2.00o,0 900 annually.
B. Benson, of Merrill. Lynch &
Co., was elected vice-president in
place Of H. D. Williams. who re-
signed.
The Washington herald., 1920-06-26
CONSOL. CIGARS.

New York, June 25.-The Consoli-
dated Cigars has declared a quarter
ly dividend of S1.75 a share on its
common stock, thus placing the is
sue on a 81 a share basis. On April
15,' last. an initial dividend of site
was paid on the junior issue.
Net earnings for the first lys
months of the current 4 al year
were $1,134,100, or at nc annual
rate of about 323 a share OF ahs
10000 shares of common stock out
standing after allowing for esIi-
mated Federal taxes.
The Washington herald., 1920-06-26
Pits. & W. VA. RY.

New York, June 25.-Pittsburg &
West Virginia Railway Company Is
expected to make a good showing
in the last half OF the current year.
There is a pronounced shortage or
coal. and prices are considerably
higher than last year. A settle
ment of the railway wage dispute
will facilitate the movement of coal
which has been decidedly backward
The segregation of Pittsburg and
West Virginia coal properties is be-
lieved TO be inevitable.
The Washington herald., 1920-06-26
BALDWIN OFFICIAL
SAILS FOR EUROPE

New York. June 25.-Vice Presi-
dent de st. Phalle, of the Baldwin
Locomotive Works. sailed today for
two-months' trip through Eng
land and France. Mr.. st. Phalle
said: My visit abroad is primarily
for pleasure, but l shall visit the
Baldwin Offices in Paris and London.
and work out some details in con-
nection with our foreign business.
am not going over for the purpose
of getting new business. Baldwin
has more business on the books
than can be completed during the
remainder of the year"
The Washington herald., 1920-06-26
QUIET TRADING
NWALLSTREET.
No Important Advances But
Strength Displayed IN
Many Quarters.
CALL MONEY IS HIGH
Professionals % Express Belief
Mal6.Htas Reached
\ Turning Point.

New York. June 25.-Another day
OF quiet trading saw call money up
to 11-per cent. with the market
strong. There were no advances of
Importance. but strength was dis
played in many quarters. Profess
sfonals continued to express their
belief that the market had reached
turning point. One leading pro-
fsssional, who has been active on
the bear side OF the market. has
turned definitely saying that he did
not think that even a disaster could
break the market much. Reports
were current of gold on its way to
New York. but official confirmation
was lacking.
Official announcement that Con-
solidated Cigar common dividend
had been raised from 6 to 7 per cent
sent the price OF that stock up more
than points. 1t also helped Ameri-
can Sumatra, which owns control of
Consolidated Cigar. The other to-
oacco shares were firm but extreme
ly quiet. Some rather important de-
velopments may be expected soon in
connection with the tobacco stocks.
and they will be of a constructive
nature.
Some of the low-priced oils at
tracted attention again, particularly
caddo and Transcontinental. 1t was
said that the second quarter Of
Transcontinental might show a net
as large as 500, 900. The buying IN
these two stocks is such that \ fur
ther advance must be in contempla-
ton.
All the real oil stocks were strong
because traders felt that the ex-
posure of frauds in the oil stock in
dustry would help the oil companies.
Railroad Bonds.
Some of the rails displayed life,
notably Northern Pacific, New York
Central and Texas Pacific. Mis-
souri, Pacific issues were active
also. The Interstate Commerce
Commission should announce the
rate increases almost any day now.
That will enable the roads to ad-
Just wages and clear up the freight
congestion by attracting sufficient
labor to the industry. The award
will also enable the railroads to
buy cars. and therefore railroad
equipment stocks are being quietly
accumulated. Earnings of the
equipment companies will depend
not only on the volume Of orders
but on the volume of work that
can be turned out.
Some bankers who believe the Fed
era1 Reserve Board is acting in
good faith and is acting along cor
rect lines are berry bearish on the
fstock market. There really are
vbankers who agree with the policy
of the Reserve Board. II the Re-
serve Board is correct in its theo-
ries. and If it really is trying to
debate the currency. then things
are bad indeed Just now there
should be a surplus of money in
anticipation of the great demand
that will come with the moving OF
the crops. If what is being done
Is the best that can be done, the
country is going to suffer in Sep
tember and October.
All the automobile stocks were
stronger. but apparently only be-
cause they had been oversold.
The Washington herald., 1920-06-26
MONEY.

New York. June 25.-Time money:
Continued high rates In call money
preclude any offerings Of time mon
ey except in very moderate amounts.
Loans for sixty and ninety day Pc
RODS are quoted on industrial col
lateral at s to 811 per cent while for
shorter periods 8 per cent can prob
ably be obtained.
Mixed collateral loans are quoted
81k per cent Acceptances range
from 6% and 6A per cent.
Money on call opened 9. high IL.
low 9, last 9, closed 9, ruling rate
per cent.
The Washington herald., 1920-06-26
CORN PRODUCTS.

New York, June 25.-Corn Pro-
ducts Refining Company today de-
ciared an extra dividend Of one-half
per cent on common stock, same as
three months ago. in addition to the
Irregular quarterly dividend of 1sper
cent on common and regular quar-
teriy dividend of tx per cent on
preferred. Common dividend Is pay
able July 20 to stock of record July
s. and preferred July Is to record
af July &
The Washington herald., 1920-06-26
FRHNCH EXPORTS GAIN.

Exports OF b,s70.00o.o00 france
are shown in official statistics given
out today, as compared with 2.l1e.-
100000 francs during the same pe-
riod OF last year. Imports increased
1927 100000 francs.
Imports of foodstuffs showed a
reduction Of 1os,oeo.ooo francs.
The Washington herald., 1920-06-26
UNITED CIGAR STORES.

Net earnings in May OF the United
Cigar Stores Company showed an
increase Of more than 100 per cent
over the corresponding month in
1918. according to a statement is
sued recently. The sales showed an
increase Of only 81 per cent. being
t6,s23,443.
The Washington herald., 1920-06-26
8. q. KREsGE SALES.
coTToN EsTIMATE.

Memphis, Tenn, June 25.-The
Commercial Appeal" places the
condition of cotton at 6s.3 and the
area planted at 1s per cent larger
than that Of last year.
The Washington herald., 1920-06-26
Local Securities.

WssHfuBtOn BfocE Excn6nRe.
Furnished by Mocrbead q Elmors
SALES YESTERDAY.
washington Railway a Electric a. 81 900
AZ o. si,ooo at .: 900 at 81. $1,000 at
a; o. 1890 at 81; $1,000 at 81. 81 900 at
Capital Traction. 10 at s4K.
IL 3eh. p1' :"
Capital Traction Railway 5s. sI 900 a,
The Washington herald., 1920-06-26
ROYAL DUTCH PETRoLEUm.

London. June 25. - Royal Dutch
Petroleum Company. of Royal Dutch.
Shell group. reports net profits Of
s4o.o0o.ooo. against $2s.ozo,6o5 In
1913. The company paid dividends
OF ~ per cent for the year 1913.
The Washington herald., 1920-06-26

THE WASHINGTON HERALD WILL xor
ACCEPT AHY QUESTION.
The Washington herald., 1920-06-26
Active New York Stock Exchange

I SMembers New York Stock Exchange)
! LIBERTY
The Washington herald., 1920-06-26
MISCELLANEOUS.

25 -. 03h Mid,nle Steel conv. Gs, 1885
10. .... TAN a. r. Rubber LIST and ref. 5s 1887.
...... l4h L. S. Steel. IS. 1868. a.......'...'.'..
The Washington herald., 1920-06-26
OTHER UNITED STATES BoNDs
RAILROAD BONDS.

, Yest's
Ateh. Top. and Santa Re gen. a, 1895 7oE
Baltimore Ohio gen. d. Ie4s. 80. 80
Baltimore 4 Ohio ref. So, 1895. 5ex
Baltimore & Ohio cOnv 4sIs. ieaa "a
Chesapeake Ohio cow. *, 1ots. Tsx
Chesapeake d Ohio conv. 4hs, 1880. 7iE
Chicago Great Western LIST A., 1850, spG
Chit. NIL. 81. Pau conv 4hs. 1882 ss
Chicago. X. l. Pacific ref. II. 1884,. o4H
Erie cow. 4s, series ID" 1858. as
Sne !. gen. is, 1896. ....,............... 47h
n. Y. Central COW. deb. 6s. 1885. seT
MIsCELI.
Amer. l. ana r. cow. IS. 1875. 03h
amer. 4. - col: trust 6s. 1896. ..... TAN
Interpo' metro: fbss, 1856. 14k
iutern. Nero. Marine IS. 1871. s5h
The Washington herald., 1920-06-26
CURB STOCKS.

FURNISHED By ". B. Hibbs 4 Coz
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
ISIS GOULD AWARDED
|EQAL I'M ART

miss Elise Langley, State Chair
an of the Art Department for South
hrolina, announced the award of
|edals in the state art contest as
flows: The gold medal offered by
RS. Frant. to Miss Southland of Co.
|mbia College; the silver medal to
|iss Felicite Gould of Confederate
bllege. of Charleston. honorable men
bn to Miss Kate Catticart of Win
rope College. and Miss Annie Brady
Converse College.
fThe competition was very keen. All
the woman's colleges of the state
Id a number of public and high
hools having exhibits.
Miss Gould's woFsvsattracted much
ention and excited the admiration
those who viewed it,"
'rhe above was taken from
arleston paper, and will be of in
est to the many friends in this city
Miss Gould who makes her home
st. Simon's Island with her par
S. Mr.. and Mrs. J. d. Gould.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
BUSINESS MEETING OF
WOMAN'S CLUB WEDNESDAY

The regular monthly business meet,
ing of the Woman's Club will be held
Wednesday afternoon Eat A o'clock In
the Oglethorpe Hotel parlor At this
time an election of officers to serve
for the coming year will take place.
All members who have not paid their
dues for 1920 please remember unless
they are paid before the meeting, they
will not be allowed vote in the cleo
ton according to the Bylaws of the
club
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
GIRL RESERVES TO HONOR
THEIR MOTHERS

The different groups of Girl Re.
serves will entertain their mothers
with parties in the Y. W. c. A. Hall
at the regular time for their meeting
this week. Much interest is being
shown by these thoughtful young
girls in the work which continues to
grow. There are at present ninety
six girls enrolled in the different
groups of reserves.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
SURPRISE PARTY FOR
MR.. AND MRS. MCINTOSH

A delightful surprise party was
given Mr.. and Mrs. C. r. Mcintosh
Friday evening. Those invited were:
Misses Pearl Ritch, Norma Halves,
Ida Davis. Effie Meeks and Frederick
Barnhill. Messes. Julian Meeks,
Grover Moore, Ralph Tavel, H. F.
Warren. Gilbert Dougherty and Mr..
and Mrs. A. M. Clemmons. A delight.
full ice course was enjoyed during the
evening
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
WoMAN'S MISSIONARY SOCIETY
FIRST BAPTIST CHURCH

The Woman's Missionary Society OF
the First Baptist Church will meet
Monday afternoon at 4 o'clock with
the following ladies:
Chapter l, with Mrs. r. H. Martin,
Third avenue; Chapter 2, Mrs. A. C.
Wood, corner London and Grant
streets; Chapter 3, Mrs. D. H. Lee,
Dartmouth street; Chapter 4, Mrs. C.
E. Gray, Norwich street: Chapter s,
with Mrs. A. M. Lorentzsen, Dart,
mouth street; Chapter 6, Misses Por-
Ter, at 8 p. M, corner F and Ellis
streets.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
MISS HELEN BRANHAM
MOTHER

of all the words that tongue can
speak,
To tell the earth's greatest glory,
Or all the names that man might seek.
In all the worlds best story,
TO tell the sweetest, dearest, best,
In this world or the other;
Irhe word that tells of all the rest,
Is the sacred name of mother"
Friends, kindred, fame, wealth, treas
ures all
That one can find while living;
The sum of all will fade and pale,
For they are but earthly giving.
n 10y or pain, or this worlds care,
To her we go, none other;
Bo will man, sometimes forsake
But ne'er forsake will mother"
rom childhood's hour in dark or
light,
We bring to her our sorrow;
brightest days or darkest nights,
We from her strength do borrow.
o ease our pain, our woe, our care,
To- her we go. none other,
nd find our ever helper there.
Tn dear old tender mother"
nd when life's greatest shadows
come,
And He her soul has taken,
nd she has entered rest, gone home,
And we feel all forsaken
70 bow our heads to God in prayer
For gifts above all others
nd know that waiting for us there
In paradise is mother"
Selected
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
MRS. MacGREGoR HoNoREp
BY STATE FEDERATION

Mrs. r.. r. MacGregor, president of
the Woman's Club of Brunswick has
been appointed chairman of the social
and industrial committee Of the. State
Federation OF Clubs. This appoint
ment is quite an honor to both Mrs.
MacGregor and to the Brunswick
Club.
Mrs. Minnie White of Atlanta. Ga.
is visiting her brother, B. f. Mann
and family.
Mrs. ]. Scott will leave Wednesday
for st. Joseph, Mich, where she will
spend the summer.
j. D. Mann. of Conyers, Ga, is the
guest of his son, B. F. Mann.
*
DR.. R. l.. Fox has returned from
Macon where he attended the Georgia
Medical Association meeting.
I %
Mrs. C. Fl. Leayy is i'll, to the re-
greet of her friends.
Mr.. and Mrs. George Jackson an.
nounce the birth of daughter.
Mrs. Ralph PERTH returned to her
home in Albany. Ga, after visit
with Mrs. A. L. Sterne.
s
Mrs. A. G. Barrett has returned to
Savannah after visit with her sister
in-law, Mrs. A. L. Sterne.
Mr.. and rms. Stacy Branch. who
were the. guests for several days Of
Mrs. M. A. Baker, have returned to
their home in Screven, Ga.
Mr.. and2 Mrs. Clarence I4illenthal
have returned to the city after shorty
stay in Savannah.
Miss Bessie Wright will return this
week from Washington, D. c., where
she has been the guest of relatives.
Mrs. Robert Leyison will return to
Savannah Wednesday after an enjoy
able visit with Mrs. A. Rotchild.
s.,-+s '.t'sste@s~ ASsss sz~s
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
BUSINESS AND PROFESSIONAL
WOMAN'S CLUB TO MEET

The monthly meeting of the Profess
sional and Business Wbman's Club
of the Y. VIC. A. will be held Tues
day evening At So'elock in the Y. w,
Hall. An interesting program, which
each one will enjoy, has been ar
ranged for this time.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
MANS GUILD OF
MARKS TO MEET

here will be a most important
ed meeting of the Woman's Guild
It. Marks Episcopal Church Thurs
afternoon at $3.50. All members
urged to attend. especially the
/ S of the different chapters.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

Mrs. r. H. Martin has returned
from Wrnes, Ca, where she was the
guest of her daughter, Mrs. A. B. Jor.
dan.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
MONDAY NIGHT READING CLUB
TO HAVE SOCIAL MEETING

The Monday Night Reading Club
will meet in the Y. w. Hail at the
usual time Monday, p. m. A new
subject will be selected for study.
After the business has been com.
plsted, a social feature will be en-
joyed.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
|ENT-TEAcHERS' ASSOciA-
N TO HAVE A. SHOWER

TO HAVE A. SHOWER
Parent-Teachers' Association
e city will give a book shower
be high schol library Thursday
|pg in the Glynn High School
ng. An interesting program has
arranged for this occasion to
all who are interested are ex-
most cordial invitation.
pMBERLIN
AIMS
Eening at her home on
Miss Mamie Lou Tom.
famed a number of
color scheme OF pink
atLrdcIlVely carried
brations and the re-
rious interesting
were enjoyed dur
Ihose present were
Wilda Allen, Es-
pmberlin. Evelyn
Messrs. Harry
Walker. Bonnie
int, Joe Evans,
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

Mr.. and Mrs. Ford Fuller and Ford,
Jr., have returned to Savannah after
spending two weeks with Mr.. and
Mrs. Thomas Fuller.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
PHONE
378
PHONE
378

Lot6Oxll5 corner Norwich and Second Avenue.
Lof.60x120 corner Norwich and Second Avenue.
Lot 90x90, $1,000 Carpenter Street.
"FIhe Carolyn, ST Simons Island. <*.
"Hirsch Building corner Bay and Gouce ster Streets
Houses 1913 Norwich Street, on 9x160 lot
Bungalow. Second Avenue on o0x120 Lot
2 Bungalows 815-817 Wolf Street, each on 45x90 Lot
The above sites very desrably located, Owner
leaving town. reason for selling. q
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

Mrs. Max Isaac has returned to the
city after spending several days in
Jacksonville, Fla.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09
MISS SMITH TO
MISS HOPKINS

Miss Sarah Louise Smith has is
sued invitations to a miscellaneous
shower for Friday afternoon, compli-
mentary to Miss Elizabeth Hopkins,
bride-elect of Juno. i.
-
MRS. coNANT TO
HAVE CARD PARTY
Mrs. e. r. Conant will entertain
Friday afternoon with bridge party at
the Oglethorpe Hotel.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

After visit with Mrs. Joe Buetell.
Miss Louise Bacon has returned to
her home in Savannah.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

Mrs. w Angler and little daughter
have, returned from Macon, Ga, and
are pleasantly located with Mrs. ].
Minehan on, Gloucester street.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1920-05-09

Mr.. and rms. o. S. PerdGe left Fri
day for Flint, Mich. While there they
will visit the Buick factory and pur,
chase several new cars which will be
driven to Cleveland and later shipped
to Brunswick.
Putnam patriot., 1920-11-19

 of in mprov dquai  to make exten of sseds m in a n to a car crow fender
 
  first to produce so selling for less than $2 oo0 tous n standard selling for than $2o
Putnam patriot., 1920-11-19
PRESENT.


  dlampsd
  -1eavyC Crown
  -Tmken br n 8Th hood n
  nd Ian wndsh eldposna frame plated win hee~ihp aluminium sboadse bound with aliu tdorsope from Locke floor of inside oform.h and This ties the sides making rigid mdwhhg pocktf tseat nc 1ainchs sromd Ignition ate full o back ft ovredf orest cloelywo woven T nches from front f rear seat B eh-gradh heavy
  nsiv' m 1nakng pulling fronb 3-Rr cgtan Peoi windows lram,n Top pboo bound rap Size o A C. 4Ti kenrlbr -15inchb Threaded rbb 41-Iaree -Semelp  Noradu ds  worm
Putnam patriot., 1920-11-19
PAST

l. tires
  orsuppor steel mmbos 
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  of wlexpo or loo lnide of all
 place weight doc and lpring -Froncu hion7 7-1 ainhsd p-R chio
 of shape) ID trimmed with atheeu cardbo pk we s  -ih1 sy inside door hdl Small shot beIpatl nickel partly 27--No oonneau
   1anches sfronba of ffonse to ofontd fl rt 31-Eg ghtweght htbber erzedt d t mater 32-No orosssr in op ned hhtl nbin heesecI four bows n 3 p  7N rb
  39 Size of 3sx41 ON A .Hosepow rating 41-B bearing in amii 12nchb sep -Smalv uunt tk 45C in 46-O Ie drive through 47-R rods hl m
Putnam patriot., 1920-11-19

Studeba leather upholstery finishing tires and accessories
 W individuals have ideals--n all things which the creation manOu choice today step forward the ducts which privilege and pleasure to offer the past We submit for your approval the comparison and invite careful consideration.