davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

wORDEN REALTY co.
City Property

City Property
Buyers who are DESTROYS Of beautiful
residences, see US: We have elegent homes
I'm every part of South Bend We have
homes for $4,000 which cannot be dupll-
Gated; We have homes for $4,000 where
the value OF the vacant land Is equal
10 the value OF the residence and the
values are permanent. In the exclusive
northwest, We can give you your choice
Of % residences; IN the east and south
east our residences are found on every
desirable street Our reputation for sell
ing so many homes is due to the quality
OF the homes offered
New Bungalow, completely modern and
well arranged; five rooms, pretty sur
rOuudings, snaded, n most desirable home
in excellent neighbOrhOOd. Price $500.
We have cheap homes in every part Of
the city which must be sold: Howard st,
Sl,1OO, 500 cash; COrby, $1,000, $500
cash; LapOrte av. $1,000, $500 cash; Dia-
mOnd av., So, 400. 500 cash: sherman av.,
$500, 5000 down; Huey ST., 81 go, $500
cash; y. st. Peter St, S1,JoO 500 cash
Dewey St. $3.50. $500 cash: +. Sample st.
5000, 500 cash; Columbia st, 81, 100
500 cash; Elder St, $1,000, 500 cash.
Beautiful home, exclusive part Of
South Bend; entirely modern. oak floors
and trim, bUilt-in bookcases and cup
boards, clothes shutes, full basement
laundry eight rooms pleasantly arrang-
ed, large garage and lot. Price 1880.
Beautiful new home, completely mod
ern, In best residential district: six rooms
pleasantly arranged, oak floors. full base
ment many cOnveniences, garage, large
5000.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

NURSE GIRL-One who has had expe-
riencs IN the care OF babies aud chill
dren Call between and o'clock this
evening. 30 ". Washington av. 3472-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07
GIRLS
WANTED

WANTED-WomaD to DO plain cooking
Call Lincoln $3.50 223S- II
WANTED-Ey p-r- position Omen for
good typist One with considerable eX-
perience and familiar with general Office
work desired. Excellent opportunity for
advancement Unless applicant desires
permanent pos ton. need not apply. South
Bend Bait Co. 1JOS $ High St 2567- II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

WANTED-Maried man for general farm
work. Steady employment. Phone or
write Ray r. Weaver. Buchanan. Mich.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

NICE janitor wanted. Apply Brandon
Durreu Co. 2SSj-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

BARBER WANTED - Paying So; half
over SD Call 4O1 W. South ST. +.
NunkoG 34S6- 10
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07
MUSICAL INSTRUMENTS.

VIOLIN-Complete with leather case:
a bargain az so cash. 53A ". Lasalle-
1911 Z
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

WE HAVE a place open for a girl or
middle-aged woman OF experience IN
home work-one who can help others.
Evvery convenience and the pay will be
good. Csll this evening from % 9
O'Clock Sd W Washington av. S4I1 If
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07

FOR SALE--Eebuilt motorcycles We
have a number Of Harley Davidson mo
tOrcycles all rebuilt and reenameled; look
ike new; pick now for spring delivery
cash or payments Hagedou 4 Web
ster 216-22 L. Jefferson blvd. Main ISL
9Jl7-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-05-07
FOR SALE

FOR SALE
Six room modern house; Lincoln
Way w, oak trim. first floor;
fireplace In living room. 5000
Seven room house. modern except
furnace; Laporte av...-........-.. J,2J0
Seven room. modern home, on Lin
coin way W-.....-............. 6,SOO
Seven room. modern home; Lincoln
way E......... ACKNOWLEDGEMENTS. 0,0Ol
Seven room modern home, on Os-
born st.......... ACKNOWLEDGEMENTS. O,JOU
Seven room home. E. Broadway ... 8 $50
Seven room home. z. Fox ST.. $500
Seven room home, partly modern,
Notre Dame aV.............-...'.. 5,JOJ
Five room. partly modern home n.
Hill. OBSERVATION-DISCLOSURES. 2bDU
Five room, partly modern home, f.
W. X McHENRY
go Farmers Trust Bldg.
Lincoln 5T3S. 3O40-tf
vACANT-SPECIAL MODERN HOME.
Six rooms, bath. furnace, hardwood
AAtUASs gnu ltkuN newly Dh4nAtN
and decorated, both inside and out LO-
Gated or paved street In a fine residence
district; southeast from the center. Price
$500.
CENTRAL REALTY CO.
Lincoln 511l. 305 Citizens Bank Bldg.
WILL PAY FOR TTSELF-MODERN
TWO-FAMILY HOME.
This fine home. containing 10 rooms,
FIVE and bath upstairs, and five and bath
down, complete with furnace, sinks
lights, etc. Located in fine residence
neighborhOod, paved street, not far from
the center and within minutes walk
from Studebakers. Special $1,000.
CENTRAL REALTY co.
Lincoln OIL 800 Citizens Bank Bldg
New Homes in Fine Residence District
Northwest.
READY TO MOVE INTO.
TERMS-i0 Percent Down and Percent
Per Month.
FIVE ROOM BUNGALOWS. bath, hot
water connections, furnace. large base
ments, finished floors. good light fix
lures, shades, cupboards, plenty OF closet
space; large lots; good street; shrubbery
set out; the best neighborhood In the
city. Only a few more left and when
these are gone there never will be any
more at these prices and terms
CALL TO-DAY FOR APPOINTMENT
TO INSPECT THESE HOMES.
CENTRAL REALTY co.
Lincoln 5l11 800 Citizens Bank Bldg
354l-tf
New-York tribune., 1920-10-12
Wheat Is Higher,
But Holding Plan
Meets Opposition
Traders Think Farmers Idea
Economically Unsound;
Offers Light, Cash Pre-.
r1aiums Strong: Shorts Buy

The grain trade believes that the
farmers plan advancing the price of
wheat by refusing to sell is not eco
nomically sound and will not have the
desired effect. The market, however.
showed decided strength during yes
terday's session and at the high point
of the day was 1S to % cents above
the low point of the season made dur
ing last weeks operations.
1t was generally conceded that the
market was in an overseld condition
and technically strong, while many
thought that good rally was already
overdue. Offers were limited through
out the day, while shorts were good
buyers and at the close prices were
20 S% cents above the final of Satur-
day. Country offers were limited and
prices in Canada We're also higher,
while cash premiums were firm.
Broomhall issued statement in
which he said that the available ex-
portable surpluses of wheat this year,
provided the Argentine crop receives no
further damage, will exceed the worlds
requirement by at least 100000
bushels.
In the local cash market No. red
and No. 2 hard were quoted at S2.37
elf. track New York.
New-York tribune., 1920-10-12
Cuban Financial Crisis
Caused by Heavy Trade
Moratorium. However. Permits
Bank Depos:iors Limited
Sc of Finds

HAVANA, Oct. 11.-Blame for tie
Cuban financial crisis was placed on
exaggerated estimates Of banking con-
ditons in the decree issued last night
proclaiming a moratorium. Under the
decree the government reserves the
right to declare off the moratorium.
which viii expire legally on December
l, or TO extend the period Z deemed
adv sa Bile.
Present conditions in Cuba are said
by the decree to be caused IN large
part by the mass Of business trans
acted during state of prosperity, the
tightness Of foreign markets and the
fall in the price Of sugar. The amour.
Of current deposits IN Cuban banks
is estimated at more than S40O 900 000,
and the assets, including stocks. bonds.
sugar and other credits, at more than
$1,000, ,000, 600.
During the moratorium period de-
posltors may demand only 10 per cent
on current accounts and y per cent
on savings deposits % less than So
Creditors. however, may check against
their accounts 10 cover payment Of
customs duties. taxes and other state
and municipal requirements. which
checks shall be cashed within twenty
four hours after issuance.
The moratorium does not affect the
obligations of the National Bank Of
Cuba as government fiscal agent and
depository.
New-York tribune., 1920-10-12
Silk Goods Still Dull
Advance in Price Fails to In.
crease Ncanand

Despite slight advances that have
been made in price lists by some man
ulacturers OF silks, the open market
for silk goods still maintains its soft
spots, in the opinion Of BUYERS. Who
assert that by diligent searching fairly
large quantities of desirable mercban,
disc can be had at extremely low prices
1t is also hinted among buyers that
some of the leading mills are willing to
make concessions on some of the stock
goods in hand if buyers are willing to
take large amounts ~ merchandise
low much goods the mills have on
hand IS an oren question. Some buvers
argue that the cancellations and re-
iusals to accept goods ordered on a
higher priced basis hzve left the manu-
1acturers with large stocks. On the
ether hand, the producers emphaticallv
assert that their shelves are free Of
large accumulations.
1t is felt that considerable quantity
CT foreign silks reaching this market
within the last few months have NOT
been released from bond by the buyers
and that the government warehouses
contain large quantities of such mer-
chQndiSe
New-York tribune., 1920-10-12
Cotton Continues
Down as Selling
Pressure Reviyes
Recent Buyers Discouraged
by Markers Course; Long
Accounts Said to Have
Lost Heavily; New Lows

There was continued pressure of
Southern hedge sales IN the cotton
market yesterday The persistency of
such offerings, in spite of reported
holdings by farmers, appeared to dis
courage recent Wall Street buyers, and
the market was weak late in the after
noon under liquidation.
All months with the exception of Oc-
tober made new low records for the
season, and all active deliveries from
January on broke through the 20c
level. December sold off from 21.3O
to 2O.35 or 60 points net loter, and
closed at 2O.60 with the general list
closing steady at a net decline of 25
to 60 points. Both the American mar
kets will be closed to-day.
There was selling in liquidation Of
Wall Street long accounts which
showed the holders loss of about a
cent pound, according to current gos-
sip, and active months at one time
were 45 to 80 points net lower with
October relatively weak as compared
with the closing figures of Saturday,
Southern spot markets az officially
reported were 25 points higher to so
points lower, generally unchanged to
lower with smaller volume of busi-
uess in the Southwest.
Ghe local market for spot cotton was
quiet and 100 points lower at 23c for
mlddling. No sales were reported.
The range of prices follows:
New-York tribune., 1920-10-12
Business News
Textile Trades Seek Plan
To Stabilize Spring Prices
Conference Suggested
To Restore Confidence

Definite, plans Of action to be
worked out in each trade through
conferences among manufacture
ers and distributors Of merchan-
disc is suggested by Henry Weis-
senbach, of Weissenbach & Kay,
silk merchants, to end the present
hesitancy in business and bolster
up the declining movement Of
goods.
No one man." he said, "can
devise method Of restoring con-
fidence, but many men might
bring about an agreement that
would result in fundamental
changes. I believe that some
thing must be done before long
or the country will suffer from a
panic.
"Much merchandise is sold to-
day below replacement costs and
more will be distributed until
what is supposed to be a surplus
is exhausted. In the mean time
production is being CONSTRUCTED to
such an extent that instead of
being able to maintain lower
prices the law of supply and de-
mand will force prices upward to
another unhealthy and artificial
level
New-York tribune., 1920-10-12
Cuban Financial Crash
Fails to Hit Banks Here

j. I. Moynahan. vice president Of the
Bank Of Cuba in New York said yester-
day that TINS institution is in no way
affected by the suspension Of the Inter
national Bank Of Cuba.
The National Bank os Cuba he
SAID, "is rhe Cuban government deposi-
tory. The only bank that has failed is
the international Bank which is about
three Years old. Its suspension is due
TO lack Of commensurate capital and
overeXtension of credit, especially
sugar loans.
Raw sugar has dropped from %
cents pound to cents. Tho Cuban
government declared moratorium
change and notes, and allowing the
hanks in Cuba to pay a proportional
amount Of deposits for the time beng.
This, it is hoped, viii solve the imme-
diate banking crisis. The Bank Of Cuba
IN New York Is not az ected, as 1t IS
New York State bank
The National City Bank has twenty
five branches in Cuba, put Il was said
by one of the New York vice presidents
Of this institution Chat its Cuban
branches were not taking advantage OF
the government moratorium. Regard
ing the general banking situation on
the island IL was said that under the
moratorium ordinary depositors can
demand 10 per cent of their accounts
while savings bank depositors can
Withdraw = rer cent.
Representatives of sugar companies
with interests in Cuba held confer
ences here to discuss the latest develop
ment in the Cuban banking SITUATION
and it is understood viii send the'r
representatives TO Cuba IN the near
future TO learn at first hand what the
situation really is Refners said that
they did not yet know just what the
result Of the overspecuiation in Cuban
sugar would be- In some quarters
however, it was predicted that prices
might go lower Temporarily. but tha'
later prices would stiifen owing 20 the
general world shortage Of sugar.
New-York tribune., 1920-10-12
commercial Credit

Closer watch upon the activities Of
customers is being kept by wholesale
credit men. The drop in prices, with
attendant shrinkages in inventory
values, say the credit men. has in
creased risks and is rendering the posi-
ton of some Of the mushroom business
men precarious. Complaint is fro
quently heard in the textile lines that
the large profits obtainable during the
past tour years has brougnt so many
new people into the trade that it is now
overcrowded and wedding out is be-
ginning.
Money for legitimate business use
VIII be easier to obtain soon, according
to commercial bankers. Lower prices
wlll make money plentiful for one thing,
although this is partly offset by the
"frozcn credit tie up in goods that
sellers are reluctant to liquidate on to-
days market. Commercial paper rates
still continue at 8 per cent and more.
New-York tribune., 1920-10-12

the total is now 10,267,000, compared
with l,649,0oo last year. A large crop
Is assured, and from a supply and de-
mand point of view the situation ap-
pears bearish.
In the local cash market No. 2 yell
low was quoted at S115a and No.
2 mixed $1.13Is c. i. f. New York. ten
days shipment.
Yesterdays Previous Year
No. ? yellow sIl5M si.I5h slSSa
October ........ .seH .ss 1ss%
December ....... .S6ia .S5A 1,2217
Oats-The market for oats was firm
er, closing with net gains Of &c to Ssc.
The buying power was not great, but
offers were also limited owing to a
comparatively low price and on account
of the action of the other markets. The
visible supply increased 100000 and
the total is now nearly 1O,000,0 900 larger
than last year. In the local cash mar
ket No. l and No. white were quoted
at 66c to 6619c; No. 3 white, Csc to
65 &c; No. white, 64c to 41ac; fancy
clipped white, 601ac to 701ac; ordinary
clipped white. 6515c. all elevator.
Yesterdays Previous Year
No. N'S White. Thi"' .so.sS s5ls scsS sc.soH
Chicago
May ............. .soSs sos .73 !.
Rye-Market firm.
Yesterdays Previous Year
New York: close. close. ago.
No. 2 West .s1.95 $1.S9A s155A
Flour and Meal-Quotations were:
Yesterdays Previous Year
close. close. ago,
si1.25 @11.75 s1o.75G115o *121oG -
'''' 5000 $40 5000 $40 sso@-
Rye -four
Bran.
10000 - $4,000 - 44oo9 --
New-York tribune., 1920-10-12
Leather Trade Optimistic
Little Finished Goods Being
Added TO Stocks

Although dulness in the leather
trade still prevails, leading leather men
declare that the end of the long lane Of
readjustment is gradually becoming
rerceptible. They are now more optimis-
tic, for the reason that tanners gen
erally have SO curtailed their outputs
that little if any finished leather win
be added to the large stocks on hand at
present.
This means, the trade believes, that
sooner or later shoe manufacturers who
nave no leather stocks, viii begin to
worry where they are going to Get the
leather which they viii need, when the
SITUATION changes for the better.
Leather men assert that situation
must be reached sooner or later that
Will develop a buying power. because
Of the desire of manufacturers to pick
up the kind Of leather which thcy re-
cure once tney are aware Of the fact
mat tanners have stopped production
and will not carry the burden for the
allied Industries any longer.
New-York tribune., 1920-10-12
Uncertainty of Raw Cotton
Price Unsetiles Trading

Uncertainty surrounding the ultimate
price of raw cotton to be used from
now on in the manufacture Of cotton
goods is the chief reason, in the opin-
ion of brokers, for the continued list
lessness Of trading in the gray or un-
finished goods market.
Few sales of Importance were re-
corded yesterday by brokers and prices
IN nearly ali lines were weak. Bids
were few. Brokers asserted that 400
SO 12-inch print cloths were plentiful at
IL cents u Rrd. In contradicting the
statements Of trade leaders who assert
that the bottom has been reached. some
traders point to the fact that similar
assertions were made when 64-60s
dropped to IA cents some time ago.
New-York tribune., 1920-10-12
Boston
KailrOnGS

26 Bost & Alhany.127 127 1861 1861
90 RSston Roston ieY z Y,s q q g ss ss's g g
i45 \ y, II II & IT,. 81 34A sSss aS9s
II Old Colony .. S4 81 81 S4
15 West End .... 4lia 41is IL Al
New-York tribune., 1920-10-12
Buyers Lack Confidence i'm
Situation and Fear Fur
ther Price Concessions
Will Keep Market Dull

The textile trades are seeking dill
gently for some method whereby prices
will be stabilized. Efforts to stem the
tide Of falling prices have proved in
cffectual up to date, and there Is no
doubt that much of the hesitancy shown
by buyers to-day arises from the fact
that they are not sure that prices will
not drop still further.
In the woolen goods trade the conces-
sions being made by mills Offering
goods for next spring have completely
upset the buying calculations of manu-
facturers of both mems and womens
garments. The buyers are not crying
Tor lower prices, according to a num-
bcr of the latter, so much as they are
wishing for the market TO arrive at
definite prices, which Will hold until
the spring apparel manufacturing and
selling season IS near its close. Definite
suggestions have been made that lead
in% producers name prices on special
fabrics that viii not be altered until
February /, or possibly March /. This.
argue the buyers. would give them a
basis for making plans, both as regards
Price and quantity for the new season.
me old plan Of price guarantees,
which impliea d rebate if new prices
arc named, is not looked upon with as
much favor as it was a few months
ago. What the buyers want now is a
definite basis that viii be maintained
until they can work up or otherwise
dispose OF new merchandise which they
intend purchasing.
1t is significant in this connection
that the National Association of Sweater
and Knitted Textile Manufacturers at
It's convention. in Milwaukee last week.
voted against a general plan of price
guarantees to stimulate business.
New-York tribune., 1920-10-12
No Income Tax Allowance
For Losses. i'm Market Deals

WASHINGTON, Oct. 1.-THE Su-
preme Court refused to-day to review
the case brought by Eugene W. Mente,
a manufacturer of New Orleans and
New York, to obtain allowance in his
income taxes for losses he suffered in
the cotton market.
Mente contended that these losses
were, closes sustained in trade as
defined in the tax law. The lower
court held, however, that the term ain
trade" should be construed as the
actual business of the taxpayer as dis
tinguished from isolated transactions.
New-York tribune., 1920-10-12
Bonds
Pittsburgh

$1,000 lo(' Am & FL 5s. 79H 72h 72,s 724
5000 Phila Ell lst 5s. SPA 82'a S2h s2a
New-York tribune., 1920-10-12
Talk of Hard Times Overdone

Cuestion-What do you think OF Fisk
Rubber? At the price paid 1T yields me
$40 per cent per year. Is the company in
hard times that have come about in tho
automobile business DO YOU believe the
management has been conservative and
fortified itself against the present reversal
in business conditions? Do you think It is
in sufficiently strong and sound position to
maintain It's dividends? | understand the
1920 amount was earned in the first quar-
ter What Is your frank opinion OF the
stock p. j. b.
Answer-Fisk Rubber Company COM
mon stock is, of course, speculative. 1t
IS highly sensitive to earnings, and for
that reason we do not recommend it for
investment purposes. 1t was recently
stated that while increasing production
the company has been improving it's
financial position, bank loans and COM
mercial paper showing reduction of
about 20 per cent in the aggregate in
the second quarter as compared with
the first. Whether the present is the
time to increase production is a great
question. Undoubtedly the automobile
is here to stay, and tires are necessary,
yet many think auto sales will not be
so great in the near future. Perhaps
price reductions will stimulate buying.
Thore has been considerable pessimistic
lalk Oh late. 1t has been OVerdOne,
largely, we think. Manufacturers have
known that there would be a period OF
detlation, and we do not believe we'll
managed corporations have been taken
by surprise. We cannot, of course, say
what the Fisk management has done.
They have built up a good business.
Presumably they are farsghted. Earn
lngs so far this year have been good,
the years dividends having been earned
IN four months. We cannot attempt to
forecast the dividend policy, however.
W hat we have set forth here goes to
show, in our opinion, that where stocks
arc placed in such a dependent posi-
ton they are speculative.
New-York tribune., 1920-10-12
Clothing Industry Learners
Get From $40 10 Sl2 Weekly

Forty-tive per cent Of the learners at
sewing machines in the garment and
clothing Industry are paid between $40
ana Sl2 week, according to the con-
census OF replies received by the Blu
reau OF Factory Practice and Industrial
relations OF the international Associa-
ton of Garment Manufacturers ia a
questionnaire sent out to members re-
Gently.
Only 10 per cent are paid ST or less
weekly, while only Is per cent are paid
wages from $l3 to S15 a week, which
New-York tribune., 1920-10-12
Waist League Celebrates

About 1000 members of the United
Waist League of America and others
engaged in the manufacture and distri-
button Of women's waists gathered on
the Century Theater roof last night for
Z business dinner and frolic Speakers
at the dinner. which was followed by
the regular theater entertainment, to-
pether with special numbers. IN which
members of the league participated,
emphasized the growth of the waist in
dustry in the country and reviewed the
work Of the organization during the two
years it has been in existence.
New-York tribune., 1920-10-12
Woman Holds Pure Oil Stocks

Question-The writer owns twelve com
mon shares Of the Pure OH Company for
merry the Ohio Cities Gas. WIN you kindly
advise me if YOU think it advisable to dis
pose OF this stock at the present time and
buy some other we'll known stock or bonds
or hold it, (Miss) II. L.
Answer-We do not regard Pure Oil
as a good investment. The company
has done we'll, but not only is the bust
ness a more or less uncertain one, but
the stock is very sensitive to develop
ments within the company. Perhaps
the stock has speculative possibilities,
but we cannot recommend it for invest
ment. If it is the latter you seek, you
had better replace the shares with good
bonds or preferred stocks.
New-York tribune., 1920-10-12
Detroit

iSS 3SS chn5g9@ da pf Iron. ss3s ss5sss e. ~
1870 Cont Motors. ~ IA IA 71
lis Detroit Edison. oGs. 81 96s. s6a
10 Ford .........30A 3G4 304 304
100 Mich Sugar.. 10h l0h 1898 10%
1000 Noble ........1.13 113 1l3 113
l50 Packard ...-.. 13a4 1885 13A 1888
ia do pf........ 79a, 7931 7Ss. 70
400 REQ Motor. - 22ls % 22ls