davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1920-01-13
Exchange Seat
Brings $4,000;
New High Price

A Stock Exchange seat, II IS learned,
sold for sil5.o00 yesterday, This is n new
high price for membership in the his
tory Of the board. The previous high
was $4,000. paid last autumn.
Not only was one seat sold for sl15 900
but bid OF the same price for another
was made. Thus far no other seller has
been found even at that high bid.
Brokers in discussing the new valaa-
ton placed on stock memberships com
piented yesterday on the comparative
cheapness of memberships IN the recent
past. During the greater part of last
year the market value of a seat ranged
from $4,000 to $4,000. Stock Exchange
seats were the cheapest things in the
market.
The earnings of brokers are far out OF
proportion to the investment they make
Even an ordinary s. floor broker without
especially good connections makes up-
wards Of $4,000 a year on his commits
sions The income of some floor brokers
is much larger. The return on the aver
age investment which holders of mem
bershp have made is very good. Stock
Exchange seats are only beginning TO
command price merited by their in
trinsic worth, brokers aver.
The New York herald., 1920-01-13
BONDS
DECLINE FURTHER
Railroad Securities Show Renewed
FirmneSS-Industrial Issues
Also Advance.

Stringency in the money market found
Bonds under liquidation caused by the
high money rate. With the exception of
the first 31s's, whihc owe their firmness to
their tax exempt feature. all Liberty and
Victory Bonds declined.
An unusually large volume of third
AS was offered for sale with the result
that they registered the maximum net
loss OF SO cents on the 500 bond Second
As declined % cents and second 4A's 16
Fourth ANS dropped to new low for the
movement but rallied little on the close
which was s cents below the previous
final price Victory notes of the AZ per
cent series lost IS cents and those OF the
81 per cent series lost 20 cents.
Tine selling movement In Liberty Bonds
Is not unexpected. 1t is due to the fact
that it does not pay investors who have
hypothecated their bonds or who bought
them witt borrowed money TO carry them.
The yield of tho bonds is so much small
Ter that the cost of funds borrowed on
the bonds tha. these holders lose money
on every bonds they own.
Trading in other bonds was COM
parativeiy light yesterday, but the tone
was firm especially in the case Of rail
road securities. Gains in the latter ranged
from fractions to a point The fact that
railroad bonds are selling far below their
average of past years is inviting some in
vestment buying by persons who believe
that a constructive roalroad bill will be
passed by Congress.
Industrial bonds were also firm. United
States Realty SIS, which recently We're
selling at co, moved UP to new high
price of 50 for the movement u. S. Steel
sinking fund SIS also sold at a new high
for the movement when they changed
hands yesterday at 99%.
The New York herald., 1920-01-13
YIELD OF LIBERTY BONDS.

Approximate investment yields OF
Liberty bonds at the close of the Stock
Exchange yesterday are published be-
low. The issues are arranged accord
ing to the yield
The New York herald., 1920-01-13
COPPER AT 1912 CENTS;
SALES SHOW BIG INCREASE

Copper producers yesterday estimated
the total sales OF metal for the day at ap-
proximateiy 100000 pounds. That is the
largest sale of metal for any one day since
the signing Of the armistiee. The prices
averaged 1914 cents pound. FOREIGN sales
were made at from 20 to 2oA cents pound.
Not only was the volume OF business
larger than II has been for months. but
there was big increase In the number
Of inquiries. England, France and Ger
many we're in the market for metal. The
larger dealers. however, do not anticipate
large foreign buying movement until
credits are established $500.
The New York herald., 1920-01-13
OIL STOCKS BREAK
VIOLENTLY ON NEWS
v OF EARTHQUAKES
High Money Rates and Secre-
tary Glass Statement Also
Cited as Disturbing.

Stock prices declined sharply yesterday
The principal sufferers were the oil ant
the motor issues. In those groups tn
losses extended from 1 point to about 1
points. One or two strong spots were Wis
ible in the market. Among them wer'
u. S. Steel common and Philadelphia
Company The tone of the trading at th'
close was decidedly weak.
For the setback several excuses were of
fered, the principal being the advance II
the price of money. Rates for call loan:
were marked up finally TO IS per cent The
earthquake in Mexico was held responsible
for the depreciation of the Mexican Oils
organ that the Texas field had been over
drilled was supposed to have caused the
break in quotations for Texas Company's
stock and in those of other issues in the
Texas field.
The theory advanced for the decline II
the general list was that statement b,
the Secretary of the Treasury that taxe'
would not be reduced for long time hat
disheartened some OF the large holders OF
shares In view of the Secretary's earlie
statement his utterance yesterday wa
regarded as confusing. }
After all, the real reason behind the de-
cline probably is 10 be found nearer nome
The tremendous amount of new securities
which, to use the epigrarn made FAMOUS
hy the late J. r. Morgan, has not beer
''digested" by the investing public, is the
main Oppressive. When one recalls the re-
cent capitalization of some of the oil is
sues, with the subsequent exchange OF
stocks and the issues of new stock, it Is
not surprising that the public, fisuratively
speaking, is saturated. The only wonder
is that promoters have distributed as much
stock as they have done,
AS before said, the greatest declines were
suffered in the stocks OF which the public
had been persuaded to buy the most
namely, the oils and motors. Steel common
and ne one or two other issues which dis
played strength have not been exploited
by pools TO any extent recently Conse.
quently such issues were able, with nom.
inal support, 70 withstand the pressure K
which they were subjected by the bears.
The weakest issues yesterday included
with the oils, American Wooden. Baldwin
United states Rubber. International Paper
Industrial Alcohol Pierce Arrow. Tobacco
PRODUCTS, Republic Steel. General Motors
and American International
The New York herald., 1920-01-13
Gold Exports
Increase; Orient
Taking the Most

WASHINGTON. n. c.. Monday.--Re.
serve stocks of precious metals in this
country were reduced more than sAl,ooo,-
600 In the calendar year 1919. according te
a statement today by the Federal Re-
serve Board.
Gold exports amounted to $s6s,1A,5i5. OF
which Si.i1i,iso went to japan. $50. $50, ,0ot
TO Argentina. s4ooi5.e6s to Hong Kong
t@, loo,7e9 TO China, x34,3oo.s60 to British
india, and s2s.Ts,000 to Spain. Imports
totalied s7s 53t 0i6, most Of 1t coming from
Canada and Hong Kong.
silver exports we're valued at $239. .00i 0b1
British India taking sl09. $780, rs, China ST.
5SS'367. and Hong Kong s022S, ,s5l for coin
age purposes. The growing European de-
mand for silver for currency was shown II,
slS,635,S $50 exports OF silver to England
HSss'ls1 to France. and s20e4sst 10 the
Netherlands. Imports of silver wero $50
Sss,53s, OF which ts3,soe.45 camo from
Mexico,
The New York herald., 1920-01-13

SlMMS PETROLEUM COMPANY
OBTAINS NEW PIPE LINE

simms. president OF the Simms Petroleum
Cor any, that in addition TO the com.
pany's two six inch pipe lines running
from it's tank farms at Silbey La, to It's
properties in tho Homer field. tho com.
pany has purchased a pipe line from tn,
Iomer field to a point on the Misslssipp
River near New Orleans
The new line is an eight inch pipe line
and viii have pumping stations forty raile.
apart. with n daily capacity OF about 90.
900 barrels. ft will connect the company,
producing properties in Northwestern
Louisiana with tldewater on the gulf.
The New York herald., 1920-01-13
SILVER QUOTED At $1.38;
HIGHEST PRICE IN so YEARS

Silver bullion yesterday was quoted AZ
sics to a.ss an ounce. the highest price in
the last fifty years. The sharp advance in
the price Of the white metal was due 10
two reasons:-F'ir; 10 the squeeze which
exists in London and second TO the in
crease in the demand.
Practically all the silver mined In this
country is now being shipped TO England
and the Orient. Great Britain in return
Is shipping most OF it's metal to India,
which Is the great sink for precious metal.
Silver authorities here say the advance
in the price Of metal Is unnatural and can
not continue for a long period. Metal
for shipment to the Orient was quoted
at r.io an ounce In San Francisco yestor-
day.
The New York herald., 1920-01-13
U. S. RUBBER PURCHASES
D0LGEvILLE FELT SHOE CO.

Tho United States Rubber Company yes-
,erday announced the purchase OF the
Dolgeville Felt shoe Company. OF Dodge.
ville. n. Y. The company manufactures
felt shoes and slippers.
The plant consists Of three factory build
ings and employs several hundred per
sons The company was formed In isH
and has developed rapidly. The rubber
company announces there viii be nc
change in the management or policy OF
the shoe company. W. !. Patric and Will
lam Menge. formerly owners OF the shoe
company, will remain with tho concern.
The New York herald., 1920-01-13
DIVIDENDS, MEETINGS. &C.
ANACONDA COPPER MINING co.

ANACONDA COPPER MINING CO.
z2 Brcadway. New York. December 49, 1919.
Mining Company has declared a dividend of one
Dollar 91 .ool per share upon its CAPITAL Stock
ot the par value OF $50 per share. payable 90
February "a. 1920. % holders OF such shares cf
record az the close of business at i3 o'clock noon
The dividend Is psyahie only upon the $50 shares
into which the ospitel stock Is now divided,
hdss nS sSs,,s wss rot Soysrd us tae ds
x without DELAY 10 order that thsy may receive
4. II. MELIN. Secretary.
The New York herald., 1920-01-13
SALES OF STOCKS

Following is a sum
The New York herald., 1920-01-13
Allied Exchange
81 Continues Weak;
II Sterling $3.75

Allied exchange was weak yesterday
sterling cables, after displaying strength
dnrins the morning and early afternoon
closed with a fractional decline Gables
were quoted at 1915 and demand 374 Is
Francs were weak cables closing a;
Ills and demand at 1l.2o. That is five
points below the high quotation during the
morning. Belgium francs were off more
than 10 points, due largely to bear raids
Lire also were weak.
German marks and Austrian kroner
broke TO new low levels. Danish and
swiss rates were weak. South American
exchange was unchanged practically
Australian sterling broke in sympathy
with the decline in rates on London.
The following are the rates quoted or
ue pri- pal foreign exchange markets
at the close of business yesterday
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-04

Tomorrow-ThurSday- lnterurban Day in 4
southern Michigan should overlook Interurban Day
many special bargains for them in all the stores
nterurban Day is in its second year in South Be
to attract the out-of-town customer. Thousands of
have come to make il a special point to look for thd
Thursday to divide up some Of the volume of buSrl
terurban Day on Thursday is an ideal aTangemend
in the habit of reading the advertisements and shoEi
The merchants of South Bend are determined 4
The way they intend to make the day bigger and 4
GET THE HABIT SFNN
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-02-04

XIV Finest
similar in design the DuBary Our regular these
beautiful toilet and single pieces all and
real without the 400 reduction offering.
Norwich bulletin., 1920-03-22
COMMERCIAL SCHOOL MOVES
 TO ITS NEW QUARTERS

Saturday was a busy day at the Norwich Commercial School when several auto trucks and many helpers moved enough of the equipment to enable the school to start all it's classes this (Monday) morning in it's new location in the PIaut- Gladden. building at 142 Main street.
 The new typewriter department is to be equipped with 50 typewriters. All Of the present equipment of ma chimes has been either overhauled or rebuilt and a special outfit of dicta- phones will be placed in this depart ment.
 The bookkeeping department will accommodate nearly 100 pupils. while the shorthand department has been attractively fitted up with 50 cherry and oak desks. In the special office training rooms are to be found all the most modern apparatus in use Pri- vate sound proof class rooms for in- dividual instruction have also been installed.
 All departments are being connect ed by dictagraphs that will enable Principal L. M. Crandall to speak to any one in any room or department of the school or to all departments al once without leaving his desk in the office or touching .transmitter or re- ce1ver or anything of a similar ma ture.. He will be able to speak to any particular person or address tho | whole school at once.
 | MT. Crandall started this school fl | the Davis theatre building twelv, years ago with one teacher. This yea 1 there have been over 200 pupils il
 attendance in the day and eveninl
 classes a faculty of eleven teacher
 and assistants have been necessary t
 carry on the work.
Norwich bulletin., 1920-03-22
WISDOM AND COURAGE
 LENTEN SERMON THEME

The congregation at the 1enten service in St. Patricks church on Sunday evening was the largest Sun day evening congregation of the pres ent Lenten season. The sermon, which was on wisdom and truth, was dilevered by Father Benjamin of the Passionist Order of Boston. Father Benjamin spoke from 1st Corinthians, 1: 21.
 Wisdom Is a perfection of the intel leet and courage is a perfection of the will, said Father Benjamin in his ser mon. Wisdom always commands re- spect. Wisdom will always arrest at tention and excite admiration. Wis dom and courage always win appro- val. Where will we find wisdom and courage where they are in their high est state of perfection? We shall find them in their highest state of per lection in our true Christian man and woman. This truth I wish to impress on your minds tonight.
 Let us consider Jesus Christ. the wisest of the wise and the bravest ot the brave. Jesus Christ our Lord was endowed with wisdom to the highest degree. Even His enen1ie. were appalled by His truth and wis. dom. Never did man. speak like thi, before, they said. To live up to sucI divine wisdom requires courage ant thls our blessed Lord had in abund. ance. He taught humility and meek. ness. He humbly and meekly per. formed His duties. When He was re viied, He reviled not. When He WI, struck, He held His peace. Rathe- than take back one word of Hi teachings, He preferred to be con. demned to the cross. Truly can W, say that Christ is great, yes th, Greatest of the great.
 The apostles, what were they They were meek. timid men. But on and all they laid down their lives an, died for Him. And so down througl the ages. What a wonderful infiuenc
 His wisdom and truths have had ol mankind. There is a greater heroisn than that of the soldier on the bat
 tlefield. It is the heroism of the sol
 dier of Christ. In order to be true f Christ you must humble yourself. boy down in the dust. It takes the high
 est courage and wisdom to live up t l the wisdom of Jesus Christ
Norwich bulletin., 1920-03-22
EASTERN CONNECTICUT
 CORN AND POTATO AWARDS

The executive committee in charge of the industrial and agricultural ex- hibit recently held at the state armory has announced the full list of prize awards for corn and potato ex- hibits including:
 Offered by State Board of Agricul- ture:
 Glass A-Division < yellow flint. 2nd s3. F. $. Nagie, R. 5. No. 3, of Rockville; 3rd, J. T. Mcknight, Filing ton.
 Class A-Division 2. white flint, 1st s5, James F. Lord, Stonington, 2nd, S3, F. A. Barnes, Mystic.
 Division 2--White dent. 1st, s5, liar rison L. Hamilton, Ellington.
 Class C-Early sweet corn. 1st, s5, F. B. Nangle,. R. D. No. 3. Rockville; 3rd, $2, Harrsor L. Hamilton, Filing ton.
 Class D-Late sweet corn. 1st, s5, James Warner. Rock Hill; 2nd, s2, P. J. Rourke, Orange; 3rd, s2, S. c. Mclean, South Glastonbury. K Glass E-Pop corn, 1st, s5. F. B. NangIe, Rockville; End sS. F. c. Bar bour, Routs No. 1. Rockville; 3rd, s2, c. E. Hill East Killingly. Class F-Corn contest for mature boys. 1st $50, Merrill Healey North | Woodstock: 2nd s25. John Bafler, of Ellington; Srd, s15, Horace Mcknight | Ellington.
 | Offered by Connecticut State Fairs 1 Association in cooperation with Col one1 William H. Hall for corn-1st l $50, F. B. Nangle, R. D. No. 3, Rock vile.
 For potatoes = First $50. Oliver K Driggs, Vernon; Srd, $95. Luther skin- ner Rockville.
 Seed corn class. Prizes offered bJ State Board of Agriculture. Connec. ticut DairyTnen's Association and Con. neteicut State Grange cooperating Flint corn 1st, s30. Harrison L Hamilton. Ellington. 4th, $1o, J. T Mcknight, Ellington. Dent corn = First s30, Nathaniel
 Jones, South Windsor: snd, s2o l Horace s. Mcknight E1linetnn
Norwich bulletin., 1920-03-22
PERSONALS

Miss Catherine Desmond of Broad street has returned from visiting in New York.
 John F. Mccarthy of 7s Orchard street spent the week end with friends in Glasgo.
 Miss Ethel Madely of New Britain, spent the week end at the home of Miss Hazel Fletcher on Lincoln av- enue.
 Miss H. b. Bingham of Windham is spending several weeks with Mrs Andrew F. Gates of No. 12 Willard street, Hartford.
 Mrs. John Lynch, Miss Sophia Cam avan and Miss Katherine Shea of Westerly were in Norwich to attend the funeral of Mrs. Charles McCar- thy.
 Rev. William Crawford of Norwich Town, a former pastor of the Old Mystic Methodist church. conducted the funeral services for Matthew h. hadi at Old Mystic, Saturday after noon.
 MT. and Mrs. Arthur c. Larsen who were married in Waterbury OF March 2nd, returned Saturday to the home of the formers parents, MT. ant Mrs. Nelson Larsen, on Freeman ave nue, Norwich. Chief Yeoman Lar sen resumes his duties at the sub marine base today (Monday).
Norwich bulletin., 1920-03-22
NORWICH PRINTERS GUESTS
 OF NEIGHBOR CRAFTSMEN

Members of Norwich Typographical Union, No. 100, 20 strong, and three members of the editorial stan of The Bulletin were the guests of the New London Typographical Union Satur- day evening at a chicken pie supper and bowling match at, Temperance hall in New London. To say~ that the local craftsmen, enjoyed themselves is superfuous, for when printers get to- gether there is always a feeling of goodfellowship. The affair was a
 pink tea" but for all of it's insipid name it was bang-up good time and the New London brethren proved themselves genial hosts.
 The evenings programme opened with the bowling match between the local craftsmen and the New London printers and resulted sadly for those who represented the Norwich type settlers. As is customary in all great sporting events the loser always pro- duces an alibi, so here is where we shine. With all due credit to our New London opponents we must say that we were rather overconfident and two Of our best men were sadly out of condition, but we hope that before many days we may turn our cup of bitterness into something of a sweet CT nature. As the great poet says Revenge is sweet.
 From the bowling match the craftsmen adjourned to the dinina hall where a supper of chicken pie sandwiches, cake, cookies, doughnuts coffee and sweet cider were served After cigars were lighted, John Dohl acting as toastmaster, made a short address of welcome and called or George A. Risley, president of the Norwich union. Mr. R:sley respond ed in neat address, expressing the thought of all the visitors that every. thing had been to their liking. Alex Charnetski, a local boy, re- sponded to a toast. telling of many ot his exciting experiences with the Suicide Fleet as a radio operator dur. ing the war. Charles Chuck" Rior.
 dan was introduced to The assembly
 as the hero of the good ship "Ce-
 ment." Mir. Riordan responded, but l modestly refrained from speaking O. 1 his heroic part on this great ship. Following the speechmaking the as. l sembly joined in singing of popular 1 songs, accompanied by Otto Cone
 who played several piano selections
 until time for the return to the hom, 1 town.
Norwich bulletin., 1920-03-22
CELEBRATES HIGH MASS
 IN HIS HOME CHURCH

Rev. John J. Walsh, who was or dained as a priest Of the Catholic church on Saturday at Hartford by Bishop John J. Milan, celebrated his first solemn high mass Sunday morn ing at 10.30 at his home church, St Mary's on North Main street Tn the congregation that filled the church were the parents of the young priest. Mr. and Mrs. Nicholas Walsh Of 235 North Main street many other rela- lives and large number of interested friends. Rev. w. H. Kennedy, assist ant. rector of the church assisted at the mass, Rev. James Timmins of Manchester, was deacon and Rev Ed ward F. Piunkett was sub-deacon. These two were also Norwich young men who have chosen the priesthood for their life work.
 The musical part of the service l1n- der the direction of the organist. Hen " La Fontaine. was impressive. Mass in F, by Loesch. was sung by the choir with fine effect, the interwoven harmonies being admirably brought out. The solo portions of the mass were especially well interpreted by the Misses Sadie Driscoll. Rose Malone Edward T. Connolly, Horace Corning John Tontaine and Nicholas Spell man. Ave Marie, by Chase was sung at the offertory by Miss Sadie Dris- coll with much delicacy and finish. As a rocessional. Marche Aux F1ambeaux Scotson Clark, was played by the or ganist.
 Rev. Fr. Walsh, who Is about 2t years old, is now an assistant profes. sor at St. Thomas seminary Hartford and. is awaiting an appointment b! i Bishop Nolan
Norwich bulletin., 1920-03-22
SECOND ANNUAL BANQUET
 BY MANCHESTER UNITY

The members of the degre team of Loyal Hugh Osgood lodge, No. ss2o, I. O. 0. F., M. U., held their second annual banquet at the Wauregan house Saturday evening. The menu consisted of blue points, half shelf. horse radish, roast beef. corn fritters, mashed potatoes, boiled onions. French bread, apple pie, cheese, coffee and cigars.
 Past Grand Fred Bentley, was toast master of the evening. A toast was offered by Past Brand Sterling Nel- son. There were songs by Past Grand Albert Hilton, Past Grand Fred Knowles John T. Broadhurst. P. P. G M. Joseph Wooley, Sr., and Joseph Fletcher. There were piano solos by George Barwell and Herbert Renaut and a recitation by Charles Irwin Past Grand Bentley delivered a timeIy address and there were remarks by several others.
 Past Brands Kentley and John Woods were the committee in charg, of the arrangements.