davidaulloa/AmericanStories huggingface dataset:
Evening star., 1920-01-04
FIRST WEEK Of YEAR IS
PROVED NO STOCK GUIDE
Old Market Truism About Its
Bearing on Month Is Re-
called by 1919 Record.

from Financial Dept. of n. Y. Evening POST }
NEW YORK, January st is the
oldest of Wall street truismS that the
stock market of the first week Of a
guides to the probable character of
the ensuing twelvemonth. The ball
and chain which the year-end money
market has fastened to the profess
sional SPECTATORS leg is suddenly
struck off: the interest rate comes
down; he can get loans on stock ex-
change collateral for per cent, some-
times for 3 or 4, instead of the Is and
% per cent of December.
The PROFESSIONAL is apt to content
himself with what his eyes can see,
and here, all at once. is the seeming
withdrawal of all restraint on his ac-
tivities.
One does not have to go farther
back than a year ago to prove the un-
certain character of a January mar
vance in January, 1919; prices went up
half dozen points or more in the first
two weeks. Then, without anything
that could be called q new develop
ment in the situation. and with money
rates growing progressively easier,
decline began which. before the end of
February, had carried down active
stocks FIVE, ten and fifteen points, with
great dependency in Wall street. It
is true that the market subsequently
followed during the first days of
January. The rest of the year, until
the market met it's November reckon
ing was made up of an uninterrupted
rise in prices.
Surprise for the Street.
This might seem to have fulfilled the
January forecast. But, as a matter of
fact, the fall in the stock market, be-
tween the middle of January and the
end of February, was actually due to
sudden slackening Of trade which the
stock exchange had not foreseen, and
the latter recovery was caused by
change in trade conditions which, when
it came, was equally a surprise to Wall
street.
What that experience really proved
was that there is perhaps no other
period OF the year with less real oppor-
tunity for accurate judgment of the
future or more chance Of mistalzing
temporary for permanent movements.
1t will be some weeks yet before we
obtain clear and sure conception of
what is actually to be the economic
drift of things in 1920.
The usual experience is that the in
dustrial, commercial and financial in
fiuences. which are to be really dorni-
liant, develop slowly in the progress of
a year and that the markets, after a
good deal of uncertain grouping. come
suddenly and often Unexpectedly into
touch with them. There are enough of
such uncertainties ahead of the present
market.
AT the moment it is probable enough
that stock exchange sentiment is gov
erned in it's cheerful tendency by expec-
tation. first that practicable railway
law will be reported from conference
and quickly passed by Congress, and
next that the fioundering United States
senators. recognizing that there is
limit to the patience of the American
people, will ratify the treaty of peace
Evening star., 1920-01-04
NOVEMBER RAILWAY
| DEFICIT, 64 MILLIONS
Net Operating Income Drops Be-
low 20 Millions: Lowest Per
Cent in Thirty Years.

Deficit to the government from
railroad operation during the month
OF November will be approximately
s64.500.oo0. low record for the year.
according to figures made public
by the bureau of railway eco
nomics. The net operating income
for the month was estimated to have
fallen below $4,000, 900. which the
thirty years when computed on a
basis of percentage of investment. -
Although gross revenues for the
month were estimated at close to
s436. 100000, only slightly below the
high mark of a year ago. the heavy
expenses. due in part to the coal
strike. left as net revenue little or
the operating revenue.
Net Loss Is 54S Millions.
The bureau estimated that the govz,
ernment's net loss. on the basis of
Interstate Commerce Commission fig
ures has reached $54S.0o0,00O in the
twenty three months of federal rail-
road operation. The bureau placed
the loss for the eleven months of
cember returns on rail operation WERE
forecast as bringing another decline
in a statement issued few days ago
by Director General Hines, who
pointed to the inevitable loss in rev
enue incident to the coal strike. No
t.
bureau with comparative figures Tor,
the same month in 1918 follow:
Revenues. 1919. s436.000,000; 1918.
s44O.OO000O. Expenses and taxes.
1919. s417. 200, 900: 1913, S3s3.9o0.00o D.
Net income, 1919. sl9,00o,000; 1918,
s56. 500, 900.
Jump i'm Expenses and Taxes
While November revenues were said
by the bureau to show an increase OF
sl49.2O0,0O as compared with the
average for the month in the three
wear test period before the war, ex-
penses and taxes have also Increased
more than $213,000.000. The increase.
in operating revenues was tracea0le
largely to the heavy passenger traffic'
which was represented to have been
about 10 per cent higher than the No
yember average of the test period.
Freight traffic, however, was believed
to have dropped several per cent.
The bureau revealed that the east,
ern roads, which in other months have
offset losses accumulated by other
lines in other sections. were unable
to meet their actual operating ex-
penses for the month. Expenses and
taxes Of the eastern lines were shown
to have been s4200.000 in excess Of
operating revenues. Western lines.
however did better in earnings than
in most previous months. Their earn.
fngs were placed at about $2o.00o,00o.
Evening star., 1920-01-04

NEW YORK, January :-Investors
are warned against the sinister
activity Of promoters and statesmen
who are trying to float stocks of
dubious character" in the December
report of the federal reserve bank for
the second district, made public here
today. The amount of these securi-
ties on sale is estimated at Hundreds
of millions"
The creation Of large body Of new
capitalists through the sale of liberty
bonds has encouraged these statesmen,
the report adds. Based upon inquiries
made to more than fifty banks it ap-
pears that the questionable stock
selling movement is general in the
larger cities Of the district, particu-
larly New York, Buffalo, Rochester,
Syracuse, Ringhamton and Utica.
Promoters Questionable.
1T appears" the report continues.
that some of these promoters are
men whose business records do not
stand scrutiny either from the stand
point Of success or personal integrity.
and some Of them in times past have
been found guilty Of crime"
A possible indication Of the extent
to which new capital is sought ap-
pears, the report explains. in the total
of new interpretations. Last Novem-
Der new interpretations in the eastern
Evening star., 1920-01-04
W.R. &E. MAY ASKN
HIGHER FARE RATE
Needs More Than 7 Cents
Straight. Is Belief Based
on Receipts.

That the Washington Railway and
Electric Company may have to ask
the Public Utilities Commission for
more than 7-cent straight fare soon
is indicated by a man in close
touch with the financial condition of
the railroad
This man pointed out that the ror'-
Dany's figures for earnings. during
November. the first month of the
present rate of fare. show that the
company will still fall 100000 short
in year of the amount il needs to
pay expenses and earn a per cent
return on the commissions valuation
of the railway.
deficit of 100000. AS two months OF
the present rate have elapsed. this
deficit will exist at the end of jan
uary. according TO the Company's fig
ureS.
View Of Road Officials.
Officials of the company are unable
to figure how even a straight 1-cent
fare would make up this deficit for
November, December and January and
prevent similar shortage during the
succeeding three months.
William F. Ham, president Of the
company. was not prepared to say to-
day. however. what the company will
ask for. He pointed out that in a
number Of large eastern cities 1t has
been necessary to raise street car
fares to 10 cents in order to tide the
companies over a trying period in
financial conditions.
Officials of the company are known
to be favorably inclined toward the
plan of former Commissioner Gardi-
ner to relieve the financial difficulties
of the street car company by slight
increase in the rate for electric cur
rent. but in view of the fact that the
Utilities Commission turned down
this plan a few months ago. it is not.
considered likely the company will
suggest it when it again asks the
commission for relief
Company's Condition Serious.
The serious condition in which the
Washington Railway and Electric
Company now finds itself was en-
phasized today by the statement of
man connected with the company. that
since September, 1918. when the first
petition for relief was made. the COM
pany has earned a million dollars less
than it needs to operate and pay a 6
per cent return on the valuation fixed
by the commission. This burden. it
was said. has fallen upon the Sc
curity holders.
Evening star., 1920-01-04
BAPTIST FUND, $ss, s,55s, 900.
Subscriptions Still Being Made, Al
though Drive Closed.

NASHVILLE, Tenn, January 3.-Ad-
ditional subscriptions to the Baptist
S75,0O0,O00 campaign reported since the
formal drive was closed have brought
the total sum raised to $50, ,55S, 900. it
was announced by the general head
quarters here tonight.
In every state there are numerous
churches that have not completed the
canvass of their members. and a con-
siderable increase in the figures is an
ticipated by DR.. l.. r. Scarborough. gen.
eral director. when all the returns are
in. He does not expect to be able to
make a final report before the Southern
Baptist Convention meets at Washing
ton in May.
Evening star., 1920-01-04
BY EDWARD PRICE BELL.

Special Cablesram to The Star and
Chicago Daily News, Copyright. 1920.
LONDON, December 31.-London ho-
tells are crowded with traders from
every quarter of the eastern hemi-
sphere bent on buying manufactured
goods They want all manner of
things from q spool of cotton to loco
motives Only to limited extent can
their requirements be met. for the
reason that British factories are over
whelmed with orders.
Never before, according to experts.
has there been such an opportunity
for American commerce and industry.
Not only are the markets on the con-
tinent of Europe. Asia and Africa
calling for commodities, but the mar
kets of the British Isles also.
In most cases the great difi1culty IN
the way of American trade is the de-
preciated currency. and financial ex-
perts are doing lot of thinking look
ing to the removal or reduction OF
this difficulty to the minimum. AS
vet no concrete plan has been brought
forward but one is expected before
long. Its features are already denned
and are under expert consideration
Another difficulty is that of credits
and this, too, is considered to be
within the power of economic and
financial experts to solve.
Immense trade opportunities beckon
in the Baltic region. Russia and the
Evening star., 1920-01-04
HELD ON SUGAR CHARGE.
Cleveland Grocers to Go Before
u. S, Grand Jury.

CLEVELAND. Ohio. January g.
Four Cleveland grocers, arrested to-
day on federal warrants charging
profiteering in sugar. were bound over
to the federal grand jury by United
States Commissioner Marlatt. The
technical charge against them is
Violation of the food control act. The
grocers are accused of charging from
Is TO 21 cents a pound for beet sugar.
The government has fixed 14M cents
a pound as the fair price for this
variety.
Evening star., 1920-01-04
Delevau Smith Demurrer Sustained

INDIANAPOLIS, Ind, January a.
Judge A. b. Anderson, in the United
States district court, today sustained
the demurrer in the case Of Delevan
Smith. owner of the Indianapolis
News. charged with violation of a
section of the criminal code in max
ing affidavit as sole owner of the
publication. The judge held that the
indictment was brought under the
wrong point of the affidavit
Evening star., 1920-01-04
Is SAVED FROM STARVATION.
Party Taken From Belle Isle After
Supply Shin Founders.

QUEBEC, January 3-Fifteen persons
employed at the government stations on
Belle Isle who were threatened with
starvation by the laundering OF the gov
ernment steamer Aranmore, loaded with
winter supplies. a few weeks ago, have
been rescued by the Newfoundland
steamer Seal, according to a wireless
message received here. The message
said:
All hands successfully taken of Belle
Isle and now safe on board the steamer
Seal. bound for Newfoundland
Evening star., 1920-01-04
SOLD SACRAMENTAL WINE.
Newark Liquor Dealer Admits Dis
posal to Saloonkeepers.

NEWARK. \. j.. January "A con-
fession that he had sold sacrarnental
wine to saloonkeepers was made today
by Abraham Ii. Prayer. a liquor dealer,
arrested last night. according TO the po-
lice. He was taken into custody as he
was driving a truck loaded with several
barrels of wine which bore government
tagr. indicating that the contents were
ITO be- used for sacramental purposes
oriy."
Prayer explained, the police said, that
he was trying to dispose of a wine stock
left on his hands when wartime prohi-
bition became effective.
Evening star., 1920-01-04
Iron Workers Settlement.

LONDON. January 3.-Representa-
tives of the molders' unions and en-
ployers have Professionally settled the
iron workers strike, which began
September 20. If the plan is rati-
fed by the strikers work will be 70.
Sumed January 19.
Evening star., 1920-01-04
Weeks Range of Prices, New York Stock Exchange


wsHew highest sales
Stock
pnssasoa enhn
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
AN OLD RECIPE
TO DARKEN HAIR
Sage Tea and Sulphur Turns
Gray, Faded Hair Dark
and Glossy.

Almost everyone knows that Sage
Tea and Sulphur properly COM
pounded. brings back the natural
color and lustre 20 the hair when
faded. streaked or gray. Years ago
the only way TO get this mixture was
10 make il at home, which is mussy
and troublesome.
Nowadays we simply ask at any
drug store for "Wyeth's Sage and
Sulphur Compound" You will get
a large bottle Of this old-time recipe
improved by the addition of other in
gradients. at very little cost. Every
body uses this preparation now, be-
cause no one can possible tell that
you darkened your hair, as IL does
IL so naturally and evenly You
dampen a sponge or soft brush with
it and draw this through your hair,
taking one small strand at a time;
by morning the gray hair disappears,
and after another application or two.
your hair becomes beautifully dark.
thick and glossy and you look years
younger. -AdVt
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
LIKES DANCES
BETTER THAN HOME
Husband Given Decree From
Wife After Short Mar
ried Life.

After Jules Dcclerquc had testi-
fed in the superior court Tuesday
atternoon that his wife, Alma. had
associated with other men at dances
and places Of amusement against
ms wishes. ne was granted a divorce
from her He said that she had re-
peatedly ahsented herself from
home and remained away with other
men. They We're married In Sep
TENDER 1919 and separated in Feb
ruary 1920.
Leroy Hoover alleges I'm his pc
tition for divorce filed in the super
Tor court Wednesday. that his wife
Lilah has deserted him. and pre-
vious 10 leaving him she had assoc
ciated with other men and had re-
fused 10 do her household duties.
They were married in October 1910
and separated in January 1917. He
asks for the custody of their two
children. Donald. nine and Thelma
who is eight years old.
Evelyn La Count filed suit for
divorce from Clarence La Count in
the superior court Wednesday. alleg-
ing that he has failed TO support
her and their two year old daughter
Rita since 1915 She says that he
called her vile names and on one
occasion struck her with his fist.
causing her severe pain in the face.
She adds that his continual nagging
and fault-finding makes il impossible
for her 10 live with him. She asks
for the custody OF their child and
$40 weekly for support.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
FAMOUS SINGER
TO APPEAR HERE
Miss Marie Morrisey TO Sing
at Coliseum Friday
Night.

Announcement Isl made 20 South
Bend music lovers that lfias Marie
Morrlsey viii give concert lu
South Bend next Friday night no The
coliseum
Marie Morrisey is ono Of our real
American singers Iiar family has
been in this country ass long ass aur-
body cl-cE And sine has had "a
strictly American education. She is
pupil of Dudley Buck. under
whom she studied for four years.
She proves IN convincing fashion
that singer can reach high de-
gree OF development under Amcri-
can tutcIaec
Miss Morrlsev has made % special
ty u songs SUNG i1 Ems .-h- And
that meant sfudirg English dlct!on
s.ith special care. for one OF -h' rs1-
sons English o. not so uc'odioU7
~ some other languages. iD Miss
NOrrlso-s opinion. Is because we
are careless iu our speech. Mr. Dud-
lcy Buck lid more than teach Miss
Morrisev how t1 use her voice cor
rectIy. Hc also Taught her 90 treat
her own language respectfully as
che herself puts g.
During her concert here, Miss
Morrisey viii wear beautiful gown
trimmed with pearls This gown was
designed and especially made for
her South Bend concert as it was
limited that Miss Norrisey's engage
ment will soon be announced and
the lucky man will be in the audi
rnce on that night.
However. Miss Morrisey is sure
that She has a great many other
friends whom she has never seen.
Next Fridays concert ought 20 con-
vince her that i'm South Bend she j.
among many more friends.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
GETS MANY PLACES
FOR YOUNG WORKERS

Hiss Helen Dernboch. vocational
guidance director. returned 81 chill
dren between the ages of "A and &c
10 work out OF 1872 who were laid
off because Of no work. Children OF
that age must either be at work or
az school according 90 compulsory
law. Miss Dcrnbach had 1852 consul
tations during the past week and a
registrations for positions. There
were l. help wanted calls and %
people placed I'm positions Twenty
five children were returned TO school
IN the week.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
LETS CONTRACTS TO
IMPROVE STREETS
Board Of Public Works SIGN.
Four Contracts Total
ling Sl6.506.6O.

Contract For street improvements
work to cos- 516.506.6o vas award
~ ay the board of public works
Tuesday morning.
The LARGEST contract was for The
grade, curb and walk on Oakland
49,. from Alishawaka av. 10 the
boulevard. The contract was award
cd 20 Alex Burkowski The con-
tract price is $1o.O17.52.
Tho contract for the pipe sewer
on Harper court and EdCewatcr dr..
from Lincoln way w. 10 so feet
north Of the north line OF Harper
court was awarded 20 Hoban and
Roach The contract price IS So
5O6.5
The Fox ST.. pipe sewer from ST.
Joe ST.. TO Michigan ST.. was award
cd 90 Bruno DePapc for S244S.4J
Jose oh Luther was awarded the
contract for water connections on
Wayne ST., from 81. Joe ST.. TO La
fayette blvd. The contract price il
S7844O
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
HOME OFFERED AT A SACRIFICE

StriCtIy modern nine room house
located at 92S Lincoln way F.,
Mishawaka Party living out Of city.
Terms to suit purchaser. Call Main
1886. 937S-3-Advt.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
MEN'S CLOTHES AT COST.

Gantz's cost price sale offers the
chance OF "A lifetime for men TO buy
ArdmOre suits and overcoats now
at absolute cost Gantz ToEgery
Shop, 10 s. Main ST.. opposite
court house. 9576-3-Advt.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
POLICE HOLD ONE.
RELEASE AUTOIST

Herb Angelo. "A years old, OF the
Nickel hotel is being held on a
charge of suspicion by the local po-
lice.
Russell Ernsberger. 1914 Calvert
St. charged with running his auto
mobile on the sidewalk. was arreste
Monday night and released Tuesday
morning
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
UINSHIP LECTURES
TO MOTHERS CLUBS

The Mothers clubs and Parent
Teachers association Will meet at the
high schoo, Monday. Nov. g. where
DR. l.. a. Wiu=blp. editor of the
Journal Of Education, Boston, Mass
VIII lecture The meeting Is open
fo All who are interested lu the CO.
operative movement between the
schools and the homes.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
GLOVE SPECIAL

Womens Chamoisette
Gloves, in brown. chamois,
black and white; regular
S1.OO value, sale price,
pair ............ 69c
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
Extra Specials
DRESS APRONS

Women's Apron Dresses
in blue percale; nicely trim
med. with long sleeves;
$500 value, sale price
at .............. S2.19
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
BOYS UNION-ALLS

Boys Union-alls, sizes 2
to ] years. in blue and
khaki; regular $1.95 value;
sale price ......... $3.50
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03

Womens and Misses Winter Coats Kersey Velour Silve
lures half lined, full lined and interined. Very
special at Observation-Disclosures. ...............
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
LOSES $50 coat
III Y. VI. {. 4. PARTY

Hiss RoIine Abbott 1929 River
side dr. reported go the police Tues
day morning that her $50 coat was
taken from the check room at the
S. NJ g. a. Friday night while she
VI. attendlns q uartN-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-03
Try NEU S-TIHES Want Ids
Have YOuPiIeS?
Then You Have Something
Learn.

Then You Have Something To
Learn.
Thousands who have piles have
not learned that quick and permaE-
ent relief can only De accomplished
with internal medicine Neither cut
ting nor amy amount OF treatment
with olutmeuts and supposiJories
wiz remove the cause
sad circulation causes piles.
There IS a complete staEuation OF
blood Boz The lower bowel and
weakening OF the parts Or. J. s
Leouhardt was hrst 10 lind the rem
cdy. His prescription is HEM-ROID.
a. "a blet medicine. taken internally
that IS now sold hy druggists gen
sraIy. Or Leouhardt tried 10 in
1000 cases with the marvellous
record OF success iu 9S per cent.
and then decided DO should be sold
under a rigid mouey-back guarau-
tsev.
Don't waste any more time with
outside applicants Get "A kaye
OF HEM RDID from WcttIck.s Drug
Store today. TO has given safe and
lasting relief 90 thousands OF peo-
pie. and should do the same for
you-it seldom fails. ,Advt.
Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1920-04-28
MUSCLES WERE
TIEDIN KNOTS
THIS is THE WAY JOHN KENNE-
DY SAYS HE FELT BEFORE
HE BEGAN TAKING TAN
LAC

"Since began taking Tanlac feel
at least twenty years younger, and /
never expect to be without it again"
said John Kennedy, an employee of
the Pawling & Harnischfeger Com
pany, crane manufacturers, and who
resides at 346 Thirty Third Ave-, Mil
waukee, Wis, recently. Continuing
he said:
81 never could have believed befor
| started taking Tanlac that there was
a medicine in the world which could
do any one so much good in so short
a time as it has me. For years
have suffered with bad stomach trou-
bic. My appetite was very poor, and
what little did manage to eat / SIM
ply had to force down. was bother
ed a great deal with formation of gas
and would bloat something awful after
each meal. / would have sharp pains
in m ychest and my heart would pal
pitate terribly. | also suffered with
rheumatism in my shoulders, neck and
back and in the muscles of my legs
and wrist joints. If | became the
least bit chilled from cold it would
seem like the muscles of my legs were
tied in knots. / was so nervous
could get but little sleep, and felt tired
and run down all the time, and while
managed to keep going / should have
been in bed as was not actually able
to be up and about. / would have
dreadful headaches nearly all the time,
and at times would have such dizzy
spells it was with the greatest effort
/ could keep from falling. Nothing
ate tasted right to me, and lost
at least twenty-five pounds in weight,
and was gradually getting worse and
worse all the time.
II was in this bed condition when
my son, who had been taking Tanlac
with remarkable results, advised me
to try it, and it proved to be one of
the best favors he could have done me,
for as soon as began taking it my
improvement was simply wonderful.