davidaulloa/AmericanStories huggingface dataset:
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1920-03-25
To the Public.

Through the courtesy of the officers
Of the Jefferson Security Bank, our
sftice is now temporarily located in the
directors room Of the above mention
cd bank, at which place we will be
glad to have any Of our customers or
friends call to see us.
Having lost our mill by fire, and
having no use for truck, we offer our
truck for sale. This is Ford truck
with Hudford unit with a good bed,
top and curtains which will keep out
rain and keep your load dry. This
truck has been taken good care OF and
is in excellent condition.
c. N. WHITING MILLING CO..
ShepherdstOwn, w. Va.
Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1920-03-25
CASTORIA
For Infants and Children
In Use For Over 3OYears
s.xs. &: o, &sHz2zzx

For any itching skin trouble, PIN
eczema, salt rheum. hives, itch, scao
head, herpes, scables, Doan'S Oih',
meat is highly recommended. 6Oc
box at all stores.
The New York herald., 1920-01-23
STOCK DIVIDEND FOR
LINSEED EXPECTED
Financiers Approve Plan to
Capitalize Assets of Sub
Sidiary Concerns.
WILL BE S PER CENT ISSUE
Second Preferred viii Total i67, 800
Shares, Par Value
500.
WILL BE S PER CENT ISSUE

Strong financial interests identified with
the American Linseed Company have ap-
proved plans which the management has
capitalize assets of the company in the
form Of stock of subsidiary concerns held
in its treasury, II was learned yesterday.
The largest individual stockholder OF
American Linseed is understood to be John
d. Rockefeller. Jr. 1t is said that final de-
held in allegiance pending his return to
this city from the South. Since his arrival
a few weeks ago rapid progress has been
made in developing the PLANS.
These plans it was said yesterday by a
large stockholding interest. contemplate
an issue Of new second preferred stock TO
owners Of common stock at the ratio Of 90
per cent OF their holdings. The new pre-
ferred stock will be per cent dividend
Issue. This stock divided. it is understood,
would be in the nature OF compensation to
common stockholders for the increased
value of subsidiary companies acquired
by the parent concern.
Means 167 800 New shares.
As the outstanding amount OF common
stock is S16,750.O00 par value, the new
issue of second preferred stock would be
an equal amount. or 167 500 shares, Of n
par value Of 800 each. There is also out
standing S1s,750,000 par value first pre-
ferred stock.
The liability Of stockholders to an income
tax In case the Supreme Court decides that
stock dividends are taxable has been taken
into consideration by the directors It is
understood that they believe they have
worked out a plan by which the benefici-
aries Of the proposed distribution of sec
ond preferred stock would be exempt from
such tax in the event that the Supreme
Court decides against the corporations
In order to carry out the financial plan
OF the American Linseed Company it will
be necessary for shareholders to authorize
an issue Of second preferred stock. A
call for special meeting to make such
authorization is expected very soon, II
was said yesterday.
Pays Per Cent on Preferred,
The American Linseed Company paws
Z per cent on its preferred stock. The
common stock was put on dividend basis
last November. when the directors declared
The New York herald., 1920-01-23
K MARKET IRREGULAR; PRICE FLUCTUATIONS NARROW
DRASTIC ADVANCES HERE IN
DISCOUNT RATES ANNOUNCED
BY FEDERAL RESERVE BANK

paper. Interest rate on bank balances ad-
vanced automatically with the commercial
paper rate. The New York Clearing mouse
last Friday establiSheS q maximum ratio
Of "a per cent on bank balances. thus re-
moving the last obstacle TO a higher COM
mercial paper rate in the Second Reserve
District.
The question of establirning a uniform
policy for fixing the interest rates on bank
balances will come up again before u
nationwide conference of lankars. to be-
held today I'm Chicago. The first confer
Ience of this character was held about two
weeks ago, but failed to decide upon n
definite policy.
The delegates TO the Chicago conference
from the Second Reserve District are
James s. Alexander. president of the Ma
tional Bank of Commerce: j. A. Kloepfer,
president of the Clearing House of Buf-
falo. and j. II. Herzog. president of the
Albany Clearing House.
In local banking circles the view was ex-
pressed that the Chicago and Atlanta dis
tricts, centres respectively Of the large
packing and cotton industries, would be
affected more acutely than other parts of
the country by the advance in discount
rates. 1t is expected that loans secured
by raw materials-cotton foodstufs. grain.
forced into liquidation.
War Paper Loan Rates.
Locally, the chief concern of bankers
was with regard to the effect the advances
would have on holders Of Liberty bonds.
Bankers did not hesitate to .riticise the
Reserve Board for marking up the discount
rate on so-called war paper loans to such
a high level. They said that the advances
would hit some large owners OF Liberty
bonds very hard
Particular reference was made to rail-
roads. Many railroad corporations bought
out of patriotic motives large blocks Of
bonds for which they have been wholly un-
able to pay because Of poor earnings under
government operation. They bought these
bonds because OF assurances that they
would be able to borrow all the money
necessary to carry them at the coupon
rate. An officer of one largo bank which
is carrying $35 900, 900 bonds for it's clients
said last evening that fully one-third OF
that total is owned by railroads.
The bank has been carrying these bond
on loans extended at flat rate, regard
less of changes in the discount rate, be-
cause 1t felt morally bound to help it's
clients. which had subscribed through It's
although recent advances
in the discount rates had resulted in the
bank carrying these bonds at a loss. Re-
Gently the bank on the sixth renewal OF
Liberty Bond loans marked Its lending
rate up to per cent feeling that that
would be the maximum Of the
rate on war paper discounts, only to find
now that it again faces loss on its loans.
On the other hand. 1t is contended that
the government did keep its word to SUD-
scribers to Liberty bonds by permitting
them to borrow money at the coupon
rate for full year after they had sub
scribed 1t Is contended that the Federal
Reserve authorities did not intend that
such loans should be kept indefinitely at
the coupon rate Of the Liberty bonds.
The New York herald., 1920-01-23

an initial dividend of SO share payabI,
in four quarterly instalments, beginning
December 10 last, to stock of record No
vember 80.
1t is understood that the company ha.
been active in developing its subsidiaries
of which it owns nine. Its latest acquisi
tion was the Nucoa Butter Company
This company owns five plants i'm diff
ferent parts of the country. 1t was &C
quired in 1917 and is said to have earned
its purchase price in q little more than Q
year.
1t is said that the company also has
been able to liquidate large loan ad
vanced by John ID. Rockefeller. Jr. Tha,
loan is understood to have been for $40,
0000 With the removal Of that loar
from current liabilities the company Is
said to be 'out of the woods
The New York herald., 1920-01-23
Louis e Nash. ~
BANK OF FRANCE REPORTS
INCREASE IN GOLD RESERVE

PARTs, Thursday.--Th weekly state
ment OF the Bank OF France shows the
following changes:-
Gold in hand increased 5o4,s2If.
Silver In hand decreased i,eo3,2oT
Notes in circulation decreased 22i i7s, so5f.
Treasury deposits decreased 2.1ei5i2f.
General deposits decreased 2e.s7o,s7bf.
Bills discounted decreased 2,3eo, $685.
Advances decreased ii0.531f
Fresh advances 10 the state No,oOo,oVf
The New York herald., 1920-01-23
BANK OF ENGLAND SHOWS
INCREASED BULLION RESERVE

LONDON, Thursday.-The weekly
statement Of the Bank OF England shows
the following changes:-
Total reserve increased f2,675,ooo.
Circulation decreased f155,0oo.
Bullion increased E2,5l9.6O.
other securities decreased 953,0oO.
Public deposits increased E2.si5,ooo.
Other deposits increased e12so7,ooO.
Notes reserve increased e2,12,0oo.
Government securities increased e13,-
44s,0co.
The proportion Of the banks reserve IA
liability this week is 1917 per cent; last
week it was 1916 per cent. Rate of dis
count per cent.
The New York herald., 1920-01-23
THREE: STOCK EXCHANGE
SEATS SELL FOR $332,0OO

Three seats on the Stock Exchange
wero sold yesterday for total of 1892 o0O.
The seat Of Sidney L. Smyth was sold TO
James Il. Crowley for $4,000; the seat
OF Milton L. Frank to Edward " Goerz
for Sl0.CD. and the seat of Charles n.
krumbhaar. Jr., to Harry Anderson for
$1,000. The last previous sale was S1l5000
which is 2. record high for the price Of a
sea. on tho stock Exchange.
The following were elected to member
ship:-Wynne Purviance. Jesse Hoyt and
William r. OConnor
The New York herald., 1920-01-23
THhI nGnpEN CoMrANY.

The regular scmi.annual dividend Of tce has
been declared on the coinlnon stock OF this Com.
pony. payable February ~ 1920 10 Stockholders
- record January 81. Books do NOT close. Checks
70 be mailed. n, II. SHOVE, Treasurer.
The New York herald., 1920-01-23

In furtherance OF its policy of bringing
about contraction OF ''unessential loans, -
the Federal Reserve Bank, with the ap-
Washington, yesterday announced sweep
ing additional increases in its discount
rates running from one-quarter of one
per cent to ~ per cent
The maximum increase Is established on
commercial paper. The rate on that class
of bills is advanced from ~ to per cent.
The rate on Liberty bonds is increased
from Az to 5k per cent, and the rate on
bankers acceptances from 4s4 to per
cent. No change is made on the discount
rate on certificates of Indebtedness.
Following Is the schedule OF new dis
count rates together with the old rates,
which are fow superseded
COMMERCIAL PAPER.
Rate. Rate.
For advances secured by all classes
OF eligible commercial paper. except
ing bankers acceptances, not ex-
ceedlng fifteen days and for redis -.
counts or such paper. .............. 6ee "a
LIBERTY LOAN BONDS AND VICTORY NOTES.
For advances not exceeding fifteen
notes and customers notes secured
by either OF the foregoing or for the
rediscount OF customers notes so
secured for periods not exceeding
ninety DAYS .................... Oha96 3Sf
BANKERS ACCEPTANCES.'
For advances not exceeding fifteen
days secured by bankers acceptances
and for rediscounts OF same not
exceeding ninety days. 5co ~.
U. S. TREASURY GaHpBYE1IEEIsoArEs apYEIEs or ISpERT-
For advances not exceeding fifteen
days secured by T. s. Treasury
certificates OF indebtedness and for
rediscounts of customers notes ~
secured not exceeding ninety days. 4Ero A
Effective at Once.
The increases, which become effective
at once arc regarded in local banking
circles as drastic Bankers had been
prepared for an advance in rates by re-
cent utterances OF Governor Harding, Of
the Federal Reserve Board, and by the
conferences Of bankers from all parts Of
the country, called to effect change In
the basis Of interest on bank balances, but
they did not expect such radical changes
as were made.
The old basis for interest rate on bal
ances was the rate on 30 day commercial
The New York herald., 1920-01-23
FEApING COMPANY :

PHtLADELpHfA January a. 1920
The Board of Directors has declared from the
net earnings q quarterly dividend of two rcr cent
!2fsl on the Common stock Of the Company. 20
he paid on February II. 1920. 10 tho stockholders
Of record AT the close of business January y.
1920. Checks will be mailed 70 stockholders who
The New York herald., 1920-01-23
Pric,s Steady on paris Bourse.

PARG&. Thursday. y.-Prices were steady
on the Bourse today. Three per cent
rentes IS francs 90 centimes. Exchange
on London 80 francs rs centimes. Five per
cent loan 50 francs eO centimes. The dol
lar was quoted at IL francs AZ centimes.
The New York herald., 1920-01-23

me Annual Meeting of Stockholders Of WILTON
HOLDING CORPORATION for the election Of
Directors and Inspectors of Election to serve for
the succeeding year will be held ~ the office Of
the Company, No. l35 Broadway. New York CITY,
on February ?. 1890, AZ ~ O'Clock noon
The stock transfer books of the Company will
br closed at . r. NJ, January ~, 1920. and re.
opened at 10 y, NJ, February .. 1920
Dated, New York. January II. 1920.
JOSEPH &. SHIELDS. Secretary.
The New York herald., 1920-01-23
SURETY BONDS
American Surety Co.
Of New York. Grounded 1s84.)
Home office. 100 broadway.
DIVIDENDS, MEETINGS, &C.
l35 Broadway Holding Corporation

The Annual Meeting ~ Stockholders. of la5
BROADWAY HOLDING CORPORATION for the
election. Of Directors aud inspectors ~ Election
70 serve FOR the succeeding year will be held at
the office " tho Company. No 1876 broadway.
New York City on February 2 1920 at II o'clock
noon.
The stock transfer books of the Company will
DO closed at T. NJ January 20 1920. and re.
opened az 10 n, NJ, February g. 1920.
Dated. New York. January "a. 1870
xA
The New York herald., 1920-01-23
Wilton Holding Corporation.

LEO sCHLnss. SO.
The New York herald., 1920-01-23
CLOSING PRICES IN LONDON
FOR AMERICAN SHARES

LONDON. Thursday. prices
asked on Stock Exchange here for Amerl-
Evening journal., 1920-10-29
Uncle Harry Talks About
Gathering Election Neros

OF election night.
"Then. too. all the big newspapers
In the big cities have special CORE
spondents IN all parts OF the country,
who compile the election returns
from their districts as fast as the
votes are counted and telegraph to
their newspapers.
How the Political Parties Help.
In addition 10 the work done by
the newspapers and the news assOcia-
uons the political parties also help IN
collecting the returns. Each party
has a national headquarters located
either in New York or Chicago. Each
party has a State headquarters To-
Gated, as a rule. at the capital OF
each State. In turn, each party has
IA county headquarters In every
county in every State. The political
leaders in each county get the re-
suits OF the vote in that county as
quickly as possible and telegraph or
telephone 10 to State headquarters.
At State headquarters the State vote
Evening journal., 1920-10-29

hts easy enough to get the cleo
ton returns right here in our own
town. said Helen as the members
OF The club gathered for their even
ing discussion. but l don't under,
stand how the news OF Presidential
elections Is gathered and how every
body learns so quickly who mas Desh
elected President. Can you eel ds'
i'' ~ can" said Uncle Harry. "and
I'll be glad to, for this Is a very
interesting and timely subject. Ns
YOU say, Helen. gathering the eleS-
ton news on the night OF a Presil,,
dential election Is a Dig JuD, ~
means not only getting the returns
from the big cities like New lorh,
Chicago and San Francisco, Dul lroui
ali the cities-big and ltue, elu @
from allylhe small towns ana country
sknd the papers get the news
either late election night or carry
the next day. don't they2" said Joe;
sYes. that is generally the way II
works y said Uncle Harry. IN one
mr. Two of our Presidential electlons,
bo,vever the results have been IN
dorbt on account OF the close vote
in certain parts OF the country ana
in such Instances Il has been a DAY vi
two before the country knew lot SUI. SUI
who vase elected. This very uiiiinS
hanpened at the last Presldential
siaction due 10 the la.eness OF the
ret,trns coming in from California
md Minnesota. But that delay was
moi Inc fault OF the newspapers or
Inc news associations which 9alher
ihe election news Of the country
The Work Of Newspapers ana N0"s
Associations.
in some OF the states tne polls
rlose at 4 o'clock In ihe all.riiouu.
and olater In other cities. but py
o'clock in the evening. aii lhe ,tin55 NOt,i,l5
niacee have closed and the election
nf1cers begin counting the woes. NOW
fhere are two ways. In which me
election returns are reported 10 az
narts of the country. In the nrst
niace. there Is at least one news
oaper in every community OF any
size throughout the entire country.
d rhese newspapers all belong 10 one
,r another OF the several news as
rotations Ike the Aseoclateu Fress
md the United Press. These news
,ssociation have branch offices IN
rarious parts OF the country ana 10
ihcse branch oflces the local news
napers send brief reports OF the
siection results as fast as the votes
are counted. In the branch
sn1ces Of the news associations the
hgures are compiled for congressional
iistricts and states and telegraphed
% The main Offices in New York city
IN fhe New York Offices the figures
'or the whole country are com
oiied and as fast as The returns from
me state are complete those yesnlts
ire sent 10 all the papers belonging
n the news association In all parts
" the country. Connected win
lhese news associations are men whc
IRE experis in handling election he'
arcs and they know Just how u
.abulate votes and how 10 estimate
me final results from a certain pro
portion Of The votes that are countlt
l. md reported carly in the evening
Evening journal., 1920-10-29

Don't stay stuffed-upl Quit blowing
and snuf1ingl A dose Of "Pape's Cold
Compound" taken every two hours
until three doses are taken usually
breaks up a cold and ends all grippe
misery.
The frst dose opens ologged-up nos
trils and air passages OF head; stops
Evening journal., 1920-10-29
Break a Cold
In Few Hours
First dose of "Pape's Cold Compound" relieves all
stufiness and distress-No quinnel Costs lttlel

nose running; relieves headache, duh
ness, feverishness, sneezing, soreness,
stiffness.
"Pape's Cold Compound is the
quickest, surest relief known and
costs only a few cents at drug stores.
Il acts without assistance, Tastes nice.
Contains no quinine. Insist on Pape'si
Evening journal., 1920-10-29

Editors Note-Uncle Harry will be
glad TO answer Inquiries, addressed 70
him Care OF the Editor. either In this
column or by mail, provided letters
are signed with the full name and ad-
dress OF the persons writing The
correspondents names viii not appear
in the articles.
Evening journal., 1920-10-29

Is compiled and telegraphed TO ma
tional headquarters. The big news
papers and the news associations have
reporters and as fast as any infor-
nation comes in the reporters get
Il aud send It to 4heir associations
and papers.
Gathering the news OF Presl-
dental election is a mighty big job,
especially when you consider the
extent OF our country and the fact
that this year probably twenty-five
or thirty million votes will be cast.
But unless one or two OF the states
are very late in counting their votes,
we ought 10 know. as tho result OF
the work OF the news associations,
along with the individual newspa-
pers and the great organizations Of
the political parties. definitely by
midnight OF election night whether
! senator Harding or Governor Cox VIII
be the next President OF the United
| States.
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22

Oy Asinris,cd rrss
pAWHusKA. Okla, Feb, al
Two deaths by shooting, one a stock
man and the other the wife of q ln'
hnror occurred here today.
Willard McGraw, residing at hig-
heart Okla. died here this morn
ing ~ the result of gun shot wOunf<
received laat night while he WAS at
the home OF Mrs. Tom Slcndcning
his former wife. lie was seated
near a window through whica hts
assallaut tired. twenty eight buck
sho, tnhinr ,.o't In mis- face ana
body
Mrs Clculrning giso was "rrck
but not seriously Injured
Officers took up the trail ~ the
assallant with bloodhounds which
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22
Unusual Honorc
Will Mark Funeral
Of Admiral Peary

%, '..n .l'ad rfsss
WASHINGTON. Feb 2l-uuus-
nal military honors viii mark the
funeral Monday OF Rear AdmirN
Robert T.. po,ry, dlfcoyercr of tho
North Pole. The body will be plae-
ed Ia Arlington National cemetery
and lau tribute will be- paid by a
uayal nrlng squad and a navy bus
lor
Tho services viii be conducted by
,platn & q. wright chaplain NJ
lhc Washington navy yard, ana ar
uliorv and cavalry viii form tho
military cscor, ON the Ions march
.rom tho explorers home here TO
thc cemetery whore company oi
bmcnckois viii poln u beside the
llavc.
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22
PAYNE FAv0RS
SALE Of SHIPS
AppHopRi ,TiON NECESSARY a.
TRANSACTION ~ UAifhD
I,N GUi ERNhINT

rs Assifiltsi Pres
WASHINGTON Feb 4 Con
gfpss will have 20 appropriate funds
for reruuditloninv thirty former Ger
man liners. which the shipping
board has been trying 20 sell, Chair
mnn Payne nld today. u the contro'
yorfy witch has arisen over the pro-
rosod sale Of the ycsols results ~
LEGISLATION requiring thoir repair aud
operation by the g0ycrnument
The chairman estimated that 1l..-
00O O0O would be- needed lo rOfii tho
vessels which have been 10 transport
service
Chairman Iour pf thr senate COM
morre commission reported fVonhlf
today hc bin ruaipnu.nF sale ot The
sh.n until clUrrHH bad adopted per-
maurni merchant marine
Those ships are uisrbiiy needed
n our foreign business ihr come
m.ucc taid
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22
CONVENTION DETAILS COMPLETED
MEETING Will Be GREATEST
In ASSOCIATIONS HISTORY
ACCORDING TO INDICATIONS

Preliminary arrange have been practically completed
the Fifth Annual Convention Of the Buyers and Sellers Of Livestock
Association which will open Tuesday morning and continue through
Thursday Officials declare that indications point TO the largest
attendance the strongest speaking the finest livestock
exhibition the successful Hereford private and auction sales
and the finest entertainments the five years during which
conventions have been held
Committees have worked unngly during the past few weeks
make the 1920 Convention the greatest yet and they believed
that their efforts will prove successful Cooperation from Amarillo
people, from these Of the Panhandle and Of Texas well those
Of other states hns contributed toward making the
ton what the committees have hoped il will be-
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22
WILSON'S REPLY
WILL Be CAbLEO
EARLY THIS WEEK
No REASON GIVEN ron DELAY
~ DiSptTCiii>G Oi NOTE
~ FIRST ANNOt NCTD

ny Associated rr-s
WASHINGTON. Feb. 81 proA-
dent wilson's note ON the Adrlatic
settlement did not go forward 20
the entente promierp today ng ha1
generally been expected. but pro
bably will b. cablcd early ncAi week.
II N roltiraiod that while the prcai-
dent sets out his argument with a
great degree ot finality the noio
will not close the door 10 any fur
thor negotiations through the usual
Diplomatic channels
The question OF making public mo
lcxt OF an the notes ON tho f.tu1-
,lon II being prepared w the var.
'ous foreign offices but ~ decision
has vet been reached
The situation In llal, oriln re-
Nortcf here an serious ".'h both w.
hor and socialist leaders nus.nnH that
he Adrlaiic question he i''l'd 90
normal conditions may be roHu
ls rapidly ~ possible.
Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-02-22
BAILEY INELIGIBLE
FOR G0vERNlRSHIP
PAT NEFF DECLARES
as N NJ WAY 4 CITIZEN OF
TENiS," waco CANDIDATE
ASSERTS

- Asn,isird rfess.
HlLl.SBORO. Tex. Feb, sl.--Pat
NJ Neff. Of waco. candidate for the
democratic nomination for governor
~ Texas. charged In an address
here today that former senator j.
W. HALEY. another gubernatorial
candidate. WAS Ineligible TO sit IN
the governors chair under the
Texas constitution"
The constitution. Mr. Ncif point
ed out. pro, ides that u gubcrnaicr-
inl candidate must reside ~ lhlf
slate NJ least five years preceding
his candidacy. lie asserted Mr:
l,nilc, WAS "in No way q citizen OF
Texas" 49, he resided at washing
ton.
Dcfending the administration ct
President Wilson. which Bailey has
as.allcd. Ncff said u had accom-
pllshed more during the past Two
wears than has been accomplished
by any other government on earth
durlng any my consecutive years IN
iho history of the world.