davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-06-12
HIGHER PRICES
RULE In STREET
Stocks Show Strength
When Wood and Lowden
Are Named.
QUIET ABOUT JOHNSON
Foreign Exchange Again
Strong While Money
Goes Up to 1879.
QUIET ABOUT JOHNSON

New York. June II. Higher
prices were seen in Wall street for
most industrials and even the rails
perked up a bit. The demonstrations
that greeted favorite candidates in
Shlcago were duplicated on the
ticker in the shape of higher prices.
The steel shares, motors. tobaccos
and petroleum issues all rose and
ciapped their little hands when
wood was named. They quieted
down and applauded even more Wig
Iorously for Lowden. Johnson was
received quietly for Wall street does
not like johnson. II he is nomin-
Rteds Wall street will probably have
Mt of the blues for some time.
wall street would also prefer a
Democrat and If Johnson wins at
chicago. McAdoo will be the Wall
street favorite. II anybody but
johnson is nominated at Chicago.
wall street expects the Democrats
70 nominate Bryan on a platform of
temperance and sisterly love.
Foreign exchange was strong
again and money got up to 10 per
|cent. Announcement was made
early of the quashing of the indict-
ment charging President Wood OF
the American Woolen Company with
Iprof1teering. AmericaR-W Wool i'm
|mediately advanced. This action by
|the court is of Importance not alone
to the Woolen Company but to ev-
cry other industry. 1t seems that
the law is aimed at profiteering in
Finished products only.
The Washington herald., 1920-06-12
AMERICAN SUMATRA co.

The balance of the s6.564.oe0 of
american Sumatra Tobacco Com
pany five year IN per cent sinking
fund convertible gold notes nor
subscribed for by stockholders is
being offered for public subscrip-
tion at sS and interest, to yield ap-
proximately s per cent. Chase Sc
curities Corporation and Tucker,
Anthony g. Co., underwriters of the
issue, announce that the distrfou-
tion syndicate is headed by them
selves. Central Trust Company and
the Federal Securities Corporation,
of Chicago; Frazier G. Co.. and Gra-
ham. Parsons & Co.. of Philadef-
phia; Hambleton G. Co.. of Balti-
more, and Hayden. Miller & Co. of
Cleveland.
The Washington herald., 1920-06-12
ITALIAN RED UPRISING
IS REPORTED HERE

Reports of serious Bolshevik and
ansrchistic disturbances in Italy
have reached Washington. The ex-
treme Socialists are said to have
staged violent disorders in various
parts OF Italy as an epilogue to the
Nitti governments fall. Many rev.
olutionary leaders, IL Is reported
have been arrested. A strict gov
ernmental censorship on news to
the outside world has been put in
force.
Advices, received here, also state
that Francisco Giolitti has been
chosen to form the new govern.
ment. Gioletti has long been
characterized as ''the bad man or
Italian politics" He opposed Italy's
entrance into the war and is gener-
ally regarded as having pronounced
pro-German sympathies. Giolitti is
a radical republican and his selec-
tion as Italian premier is a victory
for the Garibaldean party. The ON
cial Socialists, moreover, are far
from being hostile to ''the boss of
Piedmont"
The Washington herald., 1920-06-12
COTTON MARKET.

New York, June 11.-Ttadfng
continued dull in the cotton mar
ket today. Initial quotations were
unchanged to Is points lower. The
early decline carried the market
about 13 to 80 points below the
previous close. with October SELL
ing at 1925. Last quotations were
unchanged to 25 points net higher.
Spot was quiet with middling un-
changed at 40c; there were no
sales. Spot at New Orleans was
steady with middling unchanged at
41c; the sales were 1,17S bales.
The Washington herald., 1920-06-12
INVINCIBIE OIL.

New York. June 11.-Earnings Of
Invincible Oil for the month of
April were in excess of s1,3o0,000,
and 1t is estimated for the current
year they will average about s25
to $50 a share on the outstanding
stock. Production for April was
350.695 barrels, and it is expected
the report for the present month
will show a material increase
1t Is understood the stock will
soon be listed on the New York
Stock Exchange.
The Washington herald., 1920-06-12
Liked Her Flat
And Looks, Too;
$50; Broke; Jail

Especial to Washington HeraId)
Richmond. Va, June IL
When w. T. Gilbert called at the
home of Mrs. l. T. Pierce here,
to look at rooms he contemplated
renting for his family, he was so
much pleased that he offered to
take Mrs. Pierce out for an au-
tomobile ride. She told him to
come back the next morning.
Upon returning, he was. con-
fronted by a policeman and a
warrant charging him with max
ing improper proposals to his
prospective landlady. Today, he
was fined $50.
Never again." he murmured
when remanded to the dock in
default.
The Washington herald., 1920-06-12
JAPANESE DESIRE LARGE
LOAN FROM UNITED STATES

New York, June ia local bank
er in close touch with Far Eastern
conditions says Japanese bankers
desire to obtain a large loan from
the United States. Such loan
they declare would be used entirely
for sound constructive enterprises,
and would not be used to bolster
credit or relieve the present fnan-
cial situation. excepting in SO far
as 1t might accomplish this by in
direction.
The Washington herald., 1920-06-12
SOUTH PENN OIL.

New York, June 11.-South Penn
Oil Company reports profit and loss
surplus January l. 1919, at s16.-
0s3.751. Gross earnings 1919 were
s1S.766.767, less operating expenses.
taxes and depreciation. sl6.09s.531:
net earnings. s2,66S.235; dividends
paid. s4.00O,0o0. PROFIT and loss
surplus December 81, 1919, was sl4.-
751.9S7.
This is the first financial state
ment issued by this company in
two years.
The Washington herald., 1920-06-12
COTTON USE ESTIMATES.

New York. June 1.-THE National
Ginners' Association estimates cot
ton mill consumption for the month
Of May at 5so.ooo bales against
$4,000 for April and 10000 for
May last year.
The report says there has been
about one point Improvement In the
condition of the crop since its last
report.
The Washington herald., 1920-06-12
CLOSING SERVICES AT
SHEPHERD COLLEGE

Shepherdstown. w. Va. June IL
Governor John j. cornweli spent a
busy time here on Wednesday and
Thursday as the guest of honor nj
the closing formalities Of Shepherd
College. He spoke at the COM
mencement exercises yesterday
morning. vigorously denouncing asi.
tators.
At q memorial exercise w ,dnes-
day afternoon, tablet wis unveiled
to the memory Of the Shepherd COL
lege boys who served during the
war.
The Washington herald., 1920-06-12
CHALMERs-MAxAELL MERGER.

Reports that Hugh Chalmers,
with his attorney, was on his way
TO New York to oppose further at
tempts to put through the Chalm-
ers-Maxwell merger were not con-
sidered seriously yesterday by the
bankers in the deal. They, said
they had been advised that Mr.
|Chalmers was en- route from Pas
.adena to Detroit, where one of
their representatives will confer
with him next week. They ex-
|pressed the opinion that Mr..
|Chalmers would not do anything in
1.-THE way of opposing the consolida-
tion plan without first consulting
them.
The Washington herald., 1920-06-12
'BROWNLOW IN NEW
YORK; ERRAND SECRET

District Commissioner Louis
Brownlow left for New York yes
terday afternoon. While those
close to him profess ignorance of
the purpose of his mission, IL was
generally accepted last night that
the errand has something to do
with the vacant commissionership.
Brownlow is expected back to-
day. At the White House IL was
said no names are being consid-
cred by the President as nominees
for Commissioner.
The Washington herald., 1920-06-12
S. S. KRESCE COMPANY.

A special meeting of stockholders
of S. S. Kresge Company will be
held June 90, it was announced in
Detroit yesterday. The purpose OF
the meeting is to act on a proposed
increase of the common stock from
81 Q. 900, 900 to s2O,OOO.OOO. No an
nouncement was made as to what
disposition would be made of the
additional stock, but il was be-
lieved that a moderate stock divi-
dend might be declared in addition
to the regular cash dividends now
being paid.
The Washington herald., 1920-06-12
BARRETT-NATIONAL
ANILlNE MERGER

New York, June IA plan in
volving a merger of the Barrett and
National Aniline Companies is being
gradually worked out, according to
interests in close touch with the sit
uation. The prices at which stock
OF various other companies will be
taken over are in course of ad-
justment. The merger will per-
nit more economic operations of
the two companies.
The Washington herald., 1920-06-12
FRENCH PUBLIC FINANCE.

French treasury receipts are run
ming far ahead of estimates, ac-
cording to an announcement of the
French High Commission. Re-
ceipts from indirect taxation dur
ing April totaled 1,057,13O, 500
francs. representing an increase of
So per cent over estimates. In jan
uary the excess over estimates was
Al per cent; February. 81 per cent,
and March. "A per cent. The April
return shows an increase OF $685.
s74,100 francs over the April, 1914,
figure.
The Washington herald., 1920-06-12
CRUCIBLE STEEL,

New York, June 11.-Crucible d.
rectors meet Tuesday for dividend
action. One strong faction among
directors Is said to favor another
stock dividend. this time Of 331-3
per cent. 1t is hard to understand
however how the company can con-
tinue to pay $12 in cash, IL another
stock disbursement Is made.
Interests buying Crucibie today
were reported to be same as heavy
buyers Of Barrett during last few
days.
The Washington herald., 1920-06-12
AMERICAN BOSCH EARNINGS.

New York, June 11.-American
Bosch earnings for the five months
ending May 81 are s929,334. as
against earnings last year of $685.
463 after taxes. This is at the rate
of over s2.0O0,000 for the year or
better than 20 per cent on the total
stock to be outstanding when the
stock dividend distribution is made
next month.
The Washington herald., 1920-06-12
MONEY.

New York, June 1.-THE feature
Of the market for fixed sale funds
aside from the continued limited
offerings was a short maturity loan
at per cent as against the recent
nominal quotation of So per cent
THE last mentioned figure was bid
Money on call opened s. high 10,
low s, closed s, ruling rate per
|cent
The Washington herald., 1920-06-12
AMERICAN TOBACCO

New York, June Reconsideration
Of common division is due to come
before the board of American To-
bacco Company at August meeting.
By that time % per cent stock divi-
lend in B. common will have been
distributed.
The Washington herald., 1920-06-12
STOCKS EXDIVIDEND.
STEEL MERGER DENIED

New York, June 11.-Rumors ema-
mating from Cleveland that q mer-
ger has been arranged involving
Lackawanna Steel and Sloss-Shef.
field are denied by prominent in
terests in Sloss who declare that
the rumor is entirely without foun-
dalton.
The Washington herald., 1920-06-12
wILLYs OVERLAND CoMrANY.

Boston. June 11.--At a special
meeting Thursday. stockholders of
Wtliys Overland Company ratiied
without objections the plan for the
underwriting Of 100000 additional
eorrsor shspesi
The Washington herald., 1920-06-12

The proportion of the banks re-
serve to liability is 1870 per cent;
last week II was 1885 per cent.
Rate of discount, per cent.
The Washington herald., 1920-06-12
BANK OF FRANCE STATEMENT.

Paris, June 1.-THE weekly
statement Of the Bank Of France
shows the following changes in
The Washington herald., 1920-06-12
Before buying securities

might be well to investigate
the solidity of the security as
well as the house advising its
purchase. Hundreds of mil
lions of dollars are taken from
an unsuspecting public each
year by seheming individuals.
The Washington herald., 1920-06-12
BANK OF ENGLAND STATEMENT.

London, June 1.-THE weekly
statement of the Bank of England
follows:
The Washington herald., 1920-06-12
Local Securities.

Wsshinsfon Stock Exchange.
Vuotafions for 1870 to dats.
Furnished By Moorsesd 4 Elnoes.
The Washington herald., 1920-06-12

THE WASHINGTON HERALD WIZ not
KNOWINGLY ACCEPT ANY eUEs11oM.
ABLE FINANcIAL ADyE1TId1No.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1920-11-05
PENNSYLVANIA

LANCASTER, Pa, Oct. Fl, 1920.
While there has been little buying
OF the Lancaster county crop, the sales
made represent only small portion of
the 1920 holdings. 1t can be stated au-
thentically that the big houses, the
General, Consolidated, American and
others, are holding off and have not
been in the field. a number of the
sales already made have been those of
cigar manufacturers whose contracts
have called for 25 cents, with some few
lots at 80 cents. The growers are hold
ing to the forlorn hope that there will
be rivalry develop between the pack
ing houses and the manufacturers who
are buying direct, but this is not likely
to happen. Neither the growers nor
the packers anticipate general start
in the buying market for some time to
come, and when it does come it will not
be at the figures on which the growers
are calculating. In all probability there
will be no buying until the tobacco is
in the bundle
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1920-11-05
New England

SPRINGFIELD, MASS, Oct. 20, 1920.
There is little doing in the tobacco
market just at present. Tobacco buy.
ers, like buyers of other commodities,
are holding off. Growers assert that
prices will not decline materially Had
there been normal crop or better, the
story might have been different, they
say, but with the admitted shortage in
the new crop growers profess to fee
assured Of an ultimate market for ev-
cry pound of good tobacco.
One phase of market conditions which
as yet has received little consideration
is that of old tobacco. Many packers
have liberal holdings of 1919 New Eng
land tobacco of all strains except
Shadegrown, which is handled by a linn
tied number of houses. Some of these
packers, it is known, take the view
that it may be well to stock up eau
tiously with the 1920 crop and meet
customers demands, as far as possible,
with old tobacco.
This plan has the double advantage
of reducing s'frozen credits" and of
cutting fresh borrowing requirements
to minimum. With time money at 8
and 9 per cent, tobacco buyers are
thinking hard over the matter of inter-
est charges.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1920-11-05
Wisconsin Tobacco Market
EDGERToN, Wis.,. Nov. 5, 1872

COIEhION, Wis., INUN. .. 1SZU.
The chief interest in the Wisconsin
tobacco market has centered about the
splendidly damp weather that has pre-
vailed during the past week and the
first part of this week. The growers
as well as the packers were glad to see
the mild, moist case weather settle up
on the tobacco section, not so much be-
cause they expected any large amount
of tobacco to come down at this time,
but for the good of the leaf. Growers
say, and packers admit, that the tobac-
co which was mature when it went into
the she'd and most of it was ripe
looks very we'll, and that the crop as
far as quality is concerned will rank
high among Wisconsin offerings. There
is lot of uneven tobacco-that is crops
with more short leaves than the mar
ket would have preferred to see, espec-
tally of the later stands, but the leaf is
uniformly sound, the texture is fair and
the color is good. AS dry weather
crop it has the charge of unevenness
against it, but leaf quality for it. The
stemming concerns have plenty to pick
from, and the feeling prevails in the
market that this end of it must be
looked to to set the pace when the buy
ing movement again gets under way.
In the unsold portion there is admitted
ly great deal of good bin1er leaf, but
not many crops are straight binder
type. The growers are looking for fair
prices, and the packers and manufac-
turers who need this type of tobacco
may be depended upon to offer price
that makes it possible for the grower
to play safe. Nobody is looking for
competitive buying campaign like the
stampede staged when the first buying
was on. Business conditions in general
preclude any such move. The tobacco
bought now cannot go into the manu-
factured state for at least eight months
or year, hence the manufacturer is
naturally busy figuring out what the
public is willing to pay for cigars dur
ing the last quarter of next year and
the year following; his conclusions will
form the basis of the price at which
the unsold tobacco, not only in Wiscon-
sin, but all over the country, will be
bought for.
The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1920-11-05
New York
NEW YORK, Oct. q. 1872

The Water Street market continues
dull in all its phases, and there is a
fairly unanimous feeling among leaf
merchants that there will be- little
quickening in activity before the first of
the year. The manufacturers give ev-
cry indication of having settled upon a
very much restricted buying policy and
are confning their purchases of all
types of tobacco rather rigidly to cur
rent needs only This cautious atti-
tude on the part of the manufacturers
seems in some measure to be inspired
by a rather ill-defined conviction that
the turning point in the raw material
market is near, which seems to persist
in spite of the fact that all available
leaf stocks are held in strong hands
and that there is no indication in any
quarter, with the single exception of
the new Renedios, of any break in pre-
vailing prit 1s, is the opinion of the
Leaf.
Considering the domestic leaf section
of the market as a separate unit. it is
difficult to see where any recession is
possible for the simple reason that
available stocks of all types of desir
able old goods are so extremely limited
and that it is upon this restricted float
ing supply that the manufacturers must
draw for the protracted period of time,
which must elapse before the new is
ready for market What the future
may develop with regard to the 1920
crop will naturally depend very largely
upon the conditions prevailing in the
cigar industry.
The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-09-18
1.-THE TRAGEDY OF H.. -=.~~
~. =z ===: :.::=:==.~*z ' THE HALFIOAF''
tFrom The Chicago Whip)

mind could not grasp their signif-
cance He took what was given him
with a. thankful heart, thanks to the
teachings OF the old school -r.
He has not yet demanded uneQuiv-
cally all that is due him!s He fears
to refuse acceptance Of the Halt Loaf
and demand the WHOLE. trembling
lest. he be denied any at all. With
Apologize mien and smirking smile,
he renders gratitude for Jim Grow
Settlement Houses, Jim Grow Soldiers
and Sailors Clubs, Jim Crow T. IA.
G. AS, Jim Grow Ofneers' Training
Camps, Jim Grow churches, rater-
mites and politics. !, ,, ',>:.E.' ..--
He thus plays the begger's role in
spite Of the fact that he has proven
himself. to be an indissoluble and
indivisible entity Of the whole warp
and wool Of America, economic, politi-
cal, military and social. He is the
economic backbone of the South. He
holds the balance Of political power
as he is beginning to learn. He has
always been the fangs Of the American
army. His blood, suspected and IN
suspected, flows in more veins than
any other one strain in America.
He is still a slave If he accepts any
thing short of the. full unstinted meas
ure OF recognition and respect. The
New Colored American will never
again be satisfied with EQUAL
RIGHTS when they are not the SAME
RIGHTS, The NEW Colored Amefi-
can, repudiating the teachings, Of the
old school, who led him into the quag-
.mire OF .peonage and serfdom MUST
and WILL spurn the HalfliLoaf and
lay hold onto the WHOLEsLOAF'," $50
help him God!" :s:.as T-s..9 f.,
The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-09-18
A CURSE, NOT A: RENEFAcTioN

:
The recent offer of Julius Rosen.
wald. a wealthy Jew Of Chicago, to
give money to aid in the organization
Of segregated Young Mems Christian
% Associations will not in the end
be benefit to the colored people.
If he had confined his offer to the
Southern States the harm would not
have been so great, but to include the
whole country, he is doing great
wrong. from which it will take hun.
dreds OF years for the country to re-.
cover. He wrongs not only the COL
ored people, but he WRONGS tho whole
people by catering to, an un-Christian
prejudice. 49, a
1T is surprising that a man Of Jew:
ish ancestry whose people have been
for thousands OF years and are" even.
now the victims of race hatred would
do anything to increase the race hat
red between white and colored Chris
tions Of the United States, for there
is no questioning the tact that, such
establishments have served to Increase
the prejudice OF the white people
against their eolored brothers. las the
establishment of any kind Of segre-
gated semi-public place viii do. 81 -
II Mr.: Rosenwald had told thesCen;
trail Y. NJ. G. AS in the North that
he would give money only on condi-
The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-09-18

.. lts derivatives. ''Nsgroisns," NE.
grofy." and it, compounds. Negro
head, Nsgro.1y. Nsgro-monksy, are ali
clearly In their associations. deErad-
Ing.
4. it, feminine form, "Nerrsss," 10
Justly and correctly used to define
your wife and daughter and sweet
heart, II You favor the use Of the mas
sulins term.
.. It has been the word used by the
Southern whites for two centuries.
when formally speaking or writing
about an unworthy or criminal man
or woman Of the race. For whom 10
speaks Of the worthy he invariably
says "colored."
! I. Il 10 not differentiated In the mind
and thought of the whites from their
favorits and generally used (among
thsmsslvss) terms, Negro" and Mig
ger"
&. Al stated by an eminent Japaness
diplomat It has An unquestioned In
Auenos In cutting US OF from the
thought. sympathy and cooperation
of tho millions Of colored Africans.
Asiatios and islanders OF the Yondsr
world.
Very truly yours.
OWEN n. WALLER. N. d.
The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-09-18

equality of rights without distinction
because of race or color. Lastly, in
the dark days, when your champions
were few and the cause weak and u1,-
popular, the gifted .eorators of the
colored race came to its. rescue with
their genius, and Frederick Douglass
was friend priced by Mrs. Stanton
and Miss Anthony till. his death.
IS Causes Linked BY Pioneers.
Such linking of the cause of JUS
tice. equality and rights for the COL
ored people of: this country with
that. of woman suffrage in it's strug-
gle, inspires us to appeal to your
organization to stand firm and strong
against any color line in the posses
sion now Of the suffrage won.
Keep the stain OF. -.
In the presence Of the crime of
disfranchisement of colored men. in
behalf of the millions Of colored
women now enfranchised, this league
calls upon you to remain true to the
traditions of your cause, to the men,
DRY Of your pioneers, to friends in
time of need, to. principle pure and
undefiled, exerting your full power
that your colored sisters may not be
denied and the new POLITICAL freedom
stained by race discrimination.
N. S. TAYLOR,
President, Illinois.
MRS. MARIE CRAWFORD;
&c. End Vice-President, New York.
rMRS. M. C. SIMPSON, :'..<..: .
''," Assistant Secretary.
49,. VIM. MONROE TROTTER,
= 49, -, Executive Secretary.
- Boston, Mass, September, 1920.
The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-09-18

IT.
examination reveals that there is an
interlocHng directorate in. control. =.
Il The Messenger will publish series.
of interesting and illuminating arti.,
cles which will be, a complete expose,
and in which the editors sclaims they
will show that TIE aims etf the .direc:
tors are Numerically opposed to the
real welfare and advancement Of the
colored people. Definite, p> attention
will be given to certain personalities
such as Thomas Jesse: Jones, Charles
H. e Kelsey; Robert Russo Motion,
Emmett Scott, DR.. <Durkee, George e.
Haynes, Julius Rosenwald, Eugene
Kinckle Jones. John M. Candy, AS
Frissel, Bishop ". p, Thirkield, Ex.
President TAFT and a host Of others.
II It is true there exists an '1nvis.
ible government which seeks to con.
One the oolored people to a "jimcrow''
plane in the United States it ought to
be brought to light. E"'.: - Vt