davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12
WALL STREET
Esr sosslne Iovss.L special LsAssD wrss,

Nf sorNlho JOURNAL special LgAsGp wIRGl
New York, Aug. 1.-THE recov-
cry in the stock market made fur
tner decided Roadway today, All
classes OF shares were in demand
With top prices of the day showing
advances of from one to five points.
Absence of bear pressure. subsi-
dence of liquidation and feeling
that technical conditions warrant
ed rally We're the principal influ-
eneeS. Optimism over the Polish
situation, continued strength of
sterling, which gained ABOUT 4
cents. and the expectation that
credit conditions soon would i'm
prove also induced purchases.
Special buying operations in vari-
GUS groups which have suffered in
the late decline created a more
cheerful sentiment and short cover
ing was large. Standard Oil Of
New York. which is dealt in on the
curb, advanced sixty points on
rumors of stock readjustment,
Announcement that further fl
nancial aid had been extended to
the Maxwell Motor corporation and
some relaxation in call money rates
were other favorable incidents.
Gains in numerous shares exceeded
two points with Shell Transport,
United Fruit, Atlantic Gulf, Cuban
American Sugar, American Car,
General Electric. International Pa
per. Maxwell Motors and Mexican
Petroleum figuring for three TO
five points. Total sales approx
mated 100000 shares.
The Iron Age. in its review of
steel trade conditions, points out
that the readjustment going on in
other industries has not been made
manifest In the steel industry and
that the supply of steel still falls
far short of the demand. t-
The bond market showed consid-
cradle breadth but moved uncer-
tainly. Foreign issues were mostly
higher. although United Kingdom
5 rs of 1897 lost half a point. LIB
erty issues fell back slightly. Old
United States governments un-.
changed on call. Total sales (par
vaIue) were 11,100. 200.
4
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12
WANTED-SaIesmen

ASTED-Sa lesman, Dy oia estaDlisned
manufacturer Of pure food products,
to self our goods direct to retail grocery
trade: only men from twenty-five to
fhirty-five years of age and able 10
furnish the best OF references need APP
ply. Replies to receive attention must
Hstste age. heighth. weight, and past tx
psrience. Fidelity bond required. boz
~ !, H. cags Journal. -...-. =.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12
EXTRA NICE

One of the best houses on Luna
boulevard, six extra large rooms,
hardwood fIoors. pgIlt in features.
furnace, garage, big lot. Price very
reasonable and easy terms. Look
at this one.
McCURDY - ACKERSON
800 3. 4th St. Phone Ala
Real Estate and Insurance.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12
PRICHARD q PRICHARD

ARE running their new Electric
Floor Sanding Machine, which they
Just received. This sander Is a
big labor saver, making old floors
like new. Anyone wanting the
use OF this machine
CALL 945.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12

CROCKETs'S ELECTRIC STUDIO
High Class Photos Specially.
Kodak finishing. the very best.
500 West Central.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12
Male or Female.

40 CALLS for business trained people
were received by the a. r. C. last
Year. We filled 21S positions An
A. b. c. diploma brings position and
promotion. Call. write or phone 627 for
Information Albuquerque Business Cot
aege. twelfth year. j. f. Goodel, presi-
dent Korber Block
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12

FUR SALE---xcal Estate
WANTED-Houses

MANIED--Want 70 buy d three or four
room house, modern. 202 North
sycamore.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-08-12

YOUR PUNCTURES or blow-outs with
an old tube, No heat. Sent c. .. D.,
Isl, Saves $40 Enough to fix 100
punctures. Address Rubberweld Prod
hucts Company, SOS South Water street.
Wichita, Rams. T.. S.-Dcalers; Rub
berweld will make you money; 1t is a
repeater.
New-York tribune., 1920-09-30
Short Interest in Industrials

1t is not an easy matter these days to
obtain definite predictions with regard
to stock market movements. Generally
speaking, however, the Street thinks
we'll Of the rails, while it is not so
kindly disposed toward The industrials.
The fall in industrial share prices has
naturally created much bearishness,
and the persistence with which the pro-
fessionals have hammered industrial
stocks down has intensified this atti-
tude. But with all the bearish
talk feeling exists in certain quar-
ters that the industrial stocks have
been through the worst of the read
justment, and that therefore the turn
ing point is not far distant One OBJ
server said yesterday: Most people in
the Street are SO bearish on the indus
trials that it looks as if they could be
bought around these levels" 1t is
understood that the short interest in
many of the active ndustrials is OF
large proportions, and has been grow
ing rapidly during the last fortnight.
The specialist in one industrial issue
said yesterday the short interest in his
particular pet exceeded 1000 shares.
New-York tribune., 1920-09-30
Philadelphia Company

Directors Of the Philadelphia Com
pany are expected to meet within the
next fortnight for dividend action, and
the Street hears that an extra dividend
of z per cent will be made out Of
earnings from the oil properties. The
regular dividends amount to per cent
a year. According to a circular issued
yesterday by Munds, Rogers & Stack
pole the company will show gain of
$3,60O,O00 in annual net earning power
from increases in rates for natural gas,
gain Of s1,30o,ooo from increases in
rates for electric light and power, and
gain of S1,500,0O0 from the operation
of its new power plant. "As the in
creased earnings accrue" the circular
says, cit is reasonable to anticipate that
the company will be justified in distrib-
uting up to 10 per cent dividends as
against the present rate of per cent,
this bringing the return on the stock
to basis more in conformity with a
fair return on its par value"
New-York tribune., 1920-09-30
American Linseed

Directors Of the American Linseed
Company are scheduled to meet on
October 5. when it is expected formal
action will be taken on the plan for
sale of control Of the property to
Lever Bros, the British soap manu-
facturers. President Adams went to
England in July to carry on the nagoti-
atiohs at close range. Since his
return nothing official has been made
known regarding the plan, although it
has not been denied that the deal was
under consideration. 1t is understood
that at the meeting next week rep
rIsentative of Lever Bros. VII se
present. The plan for shifting control
Of Linseed is said to involve q re-
capitalization of the company with =:
change in the position of the present
rreferred stock and probably the
issuance of new common stock. Lead
ing interests in the company are re-
ported to be strongly in favor of the
proposition.
New-York tribune., 1920-09-30
I'm w all Street
Steel Stockholders

Dividend checks for the last quart
erly dividend of the United States
Steel Corporation were sent to so,s52
stockholders, a new high record. The
previous record was on June 1 when the
number Of common stock holders was
1929. The number of preferred stock
holders on August 81, the date Of the
closing of the books for the last div
idend. was 3O,0s9. compared with 1922
three months before. In the last three
years the number of the steel corpo-
ration's junior shareholders has more
than doubled. The most decided gain
has taken place in the past nine
months. when the number of sharehold
ers increased from 74,31S to the pres
ent figures.
New-York tribune., 1920-09-30
Foreign Financing

The extraordinary success Of the
Norwegian loan, following the heavy
over subscription of the French opera
ton. has given rise to discussion in
financial quarters with regard TO the
high coupon rates on these issues. The
question has been raised whether or
not the bankers accurately judged mar
ket conditions in fixing the terms of
the loans. The attitude Of the bankers,
Of course. is that it was better to have
made the loaans big success on the
basis on which they were offered than
to have taken chances Of failure by
putting them out on lower basis.
New-York tribune., 1920-09-30
Money and Credit

The call money market frightened
yesterday and the rate moved up to
8 per cent by the close from q renewal
rate Of 7 per cent. The immedi
cause Of the rise was said 70 be this
weeks government Withdrawals from
the banks, amounting to more than
$40 100000. The banks are also pre-
pairing for the October / dividend and
interest disbursements.
Yester- Year
day. ago.
On mixed collateral. -. 7
On industrial collateral 7 6h
Time money (ynixed coliateral).
Sixty days -. ..8@sh B%@6
Ninety days .......8@sh 6N@e
Four months ..s@sh 6N68
Four 80 six months. .s@8h 5N@s
Bank Clearings-Bank clearings at
New York yesterday were: Exchanges,
$742,53s,37s; balances. $s7,343,sSs.
silver-London, 5sbd; New York,
domestic bar, sshc; foreign, s2Ac;
Mexican dollars, 7oMc.
Sub-Treasury-Unite States fund
reserve credit balances, $64,oel ,oss.
Canadian Exchange-New York funds
In Montreal, $1o7.50 premium per
1000; Montreal funds in New York.
$97.06 discount per 81 600
New-York tribune., 1920-09-30
Lower Prices for Crude Oil

With commodity prices falling on all
sides and much bearish talk about the
state of trade generally, a reduction in
the price of crude oil and refined pc
troleum products has loomed up as a
possibility. So far nothing definite has
happened along this line. but men con-
versant with conditions in the oil
producing industry say they would not
be surprised any day to hear that the
leading interests in the oil field have
taken steps in this direction. One of
the authorities in the oil trade points
out as significant development the
fact that there has been continued re-
trenchment on the part of automobile
owners as reflected in decline in the
demand for gasoline at refining centers.
The condition is said to have reached
ITS most acute stage at the plants in
Oklahoma. Kansas and Texas, where
gasoline is backing up to a point where
the continued operation of the refining
plants at present capacity is threat
ened. 1t was reported in the Street
yesterday that in Texas a small reduc-
tion has already been made in the price
of gasoline.
New-York tribune., 1920-09-30
Financial Items

Thomas Allen Moore has been appointed
an assistant ruat officer of the Guaranty
Trust Company OF New York.
Tho United States Mortgage and Truet
Company has been appointed trustee
under a mortgage TO be made by tho Gulf
Mobile y Northern Railroad Company, ee-
curing al6.0o0.00o nrst mortgage bonds.
Robert !. Mcclure: OF J. @. White &
Greacon. OF Merrill. Lynch g. CO.. have
formed a copartnerahip under the name OF
Mcclure. Halsted & Co.. with ofacea at al
Broadway. to transact q general bust ness
in high grade secuSitleas
New-York tribune., 1920-09-30
Gold Coming From London

Gold will literally pour into the
country at the end Of this week. The
Baltic, due to arrive on Friday, is car
rying cargo of S16,75O,ooO from Lon
don, while the Imperator on Saturday
will arrive with S9,5O0,OO0 Of the Bal
tics consignment S9,5OO,oOO represents
the first shipment of gold to the Fed
eral Reserve Bank Of New York of the
Reserve systems holdings of aprpox-
mately $111,00o,ooo ear-marked in the
vaults of the Bank of England The
shipment on the Imperator is also for
the same account. This is gold that
has been carried in London for about
year and it was announced only re-
Gently that the whole amount would
be transferred to this country. Of the
total $l1l.00O,O00 the Federal Reserve
Bank of New York owns approximately
S40,o00,0oo. The total amount will be
placed in the gold settlement fund on
its arrival here and will be distributed
through that medium to the different
Reserve banks. importation of this
gold will not affect the position Of the
banks, as it has already counted as
reserve. though held abroad.
New-York tribune., 1920-09-30
London Money Market

LONDON, Sept. 20. Bar silver
69asd per ounce; bar gold, 1l7s Cd
Money, 5A per cent Discount rates
Short bills, 6%@67s per cent; three
months bills, 6a4 per cent. Gold pre-.
miums at Lisbon, lAO
New-York tribune., 1920-09-30
Regular Declarations
Paris Market Irrep,,Var

PARIS, Sept. 29.-Prices were irreg-
uiar on the bourse to-day. Three per
cent rentes, 81 francs 45 centimes. Ex-
change on London 81 francs % cen
ccntimes. The dollar was quoted as Ia
francs OH centimes,
New-York tribune., 1920-09-30
Dividends


#. w. Bliss Company-Declared afvi-
dend OF IS a share on the common stock, in
! ADDITION to the regular quarterly dividend
or e2'o cents and the regular quarterly
dividend OF 81 a share the preferred
stock: payable September 20 to stockhold-
ers OF reco II September 81.
New-York tribune., 1920-09-30
The Dollar i'm Foreign EXCHANGE

Most of the principal .eoreign ex-
changes were under pressure In this
market yesterday. Sterling dropped OF
about cents in the pound as Che re-
suit Of increased offerings Francs
were slightly easier. The Scandinavian
exchanges held frm.
(Quoted in dollars to the pound).
New-York tribune., 1920-09-30
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings

Copyright 1920 New York Tribune 1ne.)
New-York tribune., 1920-01-09
LEATHER-EuropeA Asks
Fancy Prices for CIores

After visiting the centers of Eng
land and France, the head of one Of
the large local glove importing COM
panles returned home yesterday with
out having placed any orders for gloves
or skins. In France he found that the
better grades of gloves would cost any
where from $40 to $50 dozen pairs,
and that by the time the cost of trans
portation and other charges, including
customs duty, had been added the re-
taller in this country would have to
pay considerably more for the same
gloves. AS the average unit value of
all gloves imported for the fiscal year
1913 was only 1914 dozen pairs, it
can be readily seen the advance rep
resented by present quotations is one
to cause the importer to hesitate.
While in France this buyer got into
direct communication with many lead
ing leather dealers in other countries,
thinking they might have goods to offer
at reasonable prices. But these deal
ers, he soon discovered, were asking
more for goods Of poor quality than
the tanners Of France were for their
better grades of leather.
This buyer foresees a world wide
shortage Of gloves for next fall and
winter, and he warns retailers to stock
up now, asserting that before long the
supplies in this country will be even
smaller than those now available, and
prices, instead of falling, will mount
still higher. Gloves of silk and wooden,
he believes, will have to be worn in
place Of those made Of leather before
the present period of scarcity comes to
an end.
New-York tribune., 1920-01-09
Bill 10 End Pirating
Of u. S. Trade Marks
Commissioner of Patents Plans
Statute to Prevent Fraudu,
lent Action Abroad

A. E. Parker, of the firm of Marks
T. Clark, patent attorneys, announced
yesterday that James T.. Newton, Com
missioner of Patents, had agreed to
draw and have presented in Congress a
bill to prevent such prating Of Amer
lean trademarks as recently has been
attempted, it is said, by Portuguese
who aimed at attaining a monopoly in
Europe of the trademarks of forty
three American motor car manufac-
turerS.
with the object" Mr. Parker said,
of preventing the repetition of such at
tempts in the future the Commits
sioner of Patents has undertaken to
prepare and have presented in Congress
a bill which will permit the registra-
ton in the United States of trademarks
which have been actually used in COM
merce in the United States, SO as to
give a basis for the registration Of
such trademarks abroad even where,
under the present statute, such marks
would not be regstrable.
"The legislation would follow along
the lines of the recent British trade
mark act, which went into operation
on January l and which permits any
trademark in actual use in Great
Britain for q period of two years to be
placed on the register, thereby en-
abling British manufacturers to secure
the necessary certified copies to de-
posit with their foreign applications
in what are classed as piratical coun-
teries-i. e., where the first to register
trademark is protected"
New-York tribune., 1920-01-09
S1LkS-Manutacturers Pqy
Record Prices for Ro,p SILK

Necessity for raw stock to keep their
mills going is forcing silk goods manu-
facturers to purchase considerable
quantities Of raw silks at record prices.
Within the last week several leading
manufacturers have placed orders for
sufficient supplies to run them
through April. Manufacturers say that
in paying SASS pound for the raw
product they are taking gamblers
chance. They admit that the present
market is in the most precarious and
dangerous situation ever experienced
in the trade, so far as price is con-
cerned.
Although fabric jobbers, retailers
and garment manufacturers. the prn-
cipal buyers Of silk goods, continue to
express "a demand for goods at con-
stantly advancing prices, most of this
advance has not yet struck the con-
sumer. The fear that the mass of the
buying public will rebel at high prices
within the next few months is upper
most in the minds of many manufac-
turers. They are unable to check the
rising prices or the demand for goods
and are being swept into accepting
contracts for goods and into placing
orders for raw materials almost
against their will and better judgment
New-York tribune., 1920-01-09
C0TTONs-Jobbers
Alarmed BY Lack of Sunnlios

Large cotton goods jobbers who sum
ply interior distributors, retailers and
garment manufacturers are alarmed at
the present low state of their stocks
on the eve of influx of buyers to the
market. Slow deliveries from the mills
and the acute shortage in some lines
are given as the principal reasons for
the small stocks jobers have been able
to accumulate at this time. One large
Jobber said yesterday that almost all
OF ms reserve stock was already sold.
and that he had orders covering his
incoming stock for the next two
months.
Some of the jobbers who have been
operating conservatively for several
months in anticipation of a decline in
price values find themselves short of
the demands being made upon them by
their customers, and are rushing or
ders through to the mills for more
goods. This is particularly true of job
bers who also are converters. Their
purchases within the last few days
have been extremely large, one jobber
having ordered $4,000 yards of gray
goods for finishing and printing pur-
poses, according to market gossip.
New-York tribune., 1920-01-09
Hoover Sensible
In Opposing Loans,
Is London View
Waste and Pauper Spirit
of Europe Needs Check.
Says ''Pall Mall Gazette:
British Exchange Drops

LONDON, Jan. (By The Associated
Press ).-The evening newspapers. COM
menting to-day on the statement of
Herbert c. Hoover concerning the
financial and food requirements Of Eu-
rope, take various viewpoints. THE
Westminster Gazette" says:
ut, has long been obvious to close
observers that the standing check to
American sympathy on the financial
side is the persistent militarism of the
Allies and the consequent economic
embarrassment"
MIR. Hoover" declares "The Globe"
Is looking at the matter purely from
the American viewpoint. He does no,
desire that his countrymen remember
that they are citizens of the world as
we'll as of the United States. The
emergency is urgent. We are sure
that the disposition of the American
people will be to treat this matter, not
as q bargain between keen business
men, but as difficulty to be settled
among friends"
"The Standard" says: "Mr. Hoover
sounds unsympathetic. but it is good.
hard sense. There is no use whatever
in arranging loans and credits if the
OAly IcSuiI Is 70 increase waste.
Says "The Pail Mall Gazette: "Mr
Hoover throws cold douche upon the
pauper spirit in which some parts Of
Europe are disposed to turn to Amer
lea. The necessity of getting back to
work may not be the whole remedy for
present economic problems. but it is
really the most essential part of it."
Mr.. Hoover's statement had an un-
settling effect on exchange business
to-day, Paris, Milan and New York
rates on London moving adversely. The
market construed the statement as
meaning that the hoped for relief meas
ures were receding rather than com
ing nearer.
New York exchange jumped consid-
erably under large business. 1t opened
at 3.75 from yesterdays close of 3.77
and then dropped to 3.73 and then
recovered to 3.74. The opinion pre-
walls in the market that there can be
no stability in exchange without of
fetal or organized support, and the
rate is expected likely to touch $50
in view of the immense indebtedness
Of Europe to the United States.
New-York tribune., 1920-01-09
Southern Lad Pines
For English Bride;
Proposes to Nation
Louisianan Has 'sFare'' Edu.
cation, Good ''Morills''
and Has Own Ideas Upon
Makeup of Good Spouse

Judging by the vigor with which they
sing the choruses a lot of English
girls are simply pining to get way
down into one or other of the United
States of America.
Sometimes it's Tennessee. Anon
they change their minds and long for
dear old Dixie. And when neither of
these MONIES off they switch on to
their old Kentucky home. And whcr
ever it is, it must be way down. Way
ur is no good at all.
But what's the matter with dear old
Louisiana Doesn't anybody want to
be, want to be, want to be, way down
in louisiana?
amy lady?" as Harry Weldon SAYS.
The reason we ask is that there is a
nice young man way down in Louisiana
who wants to get married to an Eng
lish girl
The forlorn swain has written 10
"The London Star" stating his ouali-
fications, bank balance, references and
previous experience, and on the whole
1T looks like pretty sound proposition.
He addresses his love letter ITO the
young ladies and widows of England.n
and begins this wholesale proposal
thus:
Il am soliciting correspondence
with you. In view of congenial com
panionship of marriage | wish to state
that | am thirty-six years old, have
never been married, brunei, five feet
nine inches tail, weigh $50 pounds;
genuine American dating back three
generations"
Evidently the goods are good. As
he would say himself: Some spouse,
kid."
One hundred and eighty pounds of
brunei husband going begging.
Scotch and Irish descent, fare edu
cation, good health, no defor,nities
Vocation was to the age O twenty
three stock and farm work Since then
health, accident and life insurance.
Earning $3.50 month Saving about
$1,2O0."
Evidently there is good heart beat
ing beneath the rugged exterior of our
18O-pound Scotch -Iri American bru-
net insurance agent.
II am strictly Protestant" he says.
"and a Democrat, and can prove a good,
clean. morrill, record"
That seems to fill the bill all right.
Sound in the wind and limb and NOR
rils, with 81 200 in his stocking. What
more can a girl want?
The last half Of this letter describes
just the sort Of wife he wants.
"My DESIRE" he says, "is girl be
tween the ages of twenty-five and thir-
ty-fve years old.
"She must be Protestant and small
in size. Blonde preferred. With are
education. A picture Will be appreci
ated5'
Last Of all. write soon," he says
Kansas City Post.