davidaulloa/AmericanStories huggingface dataset:
The Sun and the New York herald., 1920-04-18

culture, has been mentioned Cummins Is
expected to win by a majority Of from $4,000
to 100, 900.
kansas-Charles F. Curtis, Republican ste
ting member, is expected 20 have walk
over for both nomination and reelection. Tho
only active Republican aspirant is John l..
Edwards millionaire, but Curtis is getting
Endorsements right and left in county and
district conventions. So far as the Demo-
Gratis are concerned, they seem to be mixed
and muddled. No candidate has been put
forward. Democratic stock in the Sunhower
State is lower than for many years, and
Kansas proclsims a determination to wipe
out her indiscretion Of four years ago.
Louisiana.-Edward S. Gay, Democrat and
sitting member. is not candidate for re-
election, and interest turns upon a four cor
nered contest for the nomination which will
mean election. The four contestants are p.
s. Broussard. lawyer; Representative J. Y.
Sanders James ]. Bailey. Loulsiana's Secre-
tsry OF State. and Donaldson Caffrey, law
yer. Of New Orleans, Broussard is reported
In the lead
Wilson Stock Low in Missouri.
Missouri.-Long time Democrats State.
Missouri Is one Of the Commonwealths which
p. Spencer, Republican sitting member, has
two opponents. John L. Minis OF st. Louis
and Dwight L. Davis. Spencer's prospects
improved as his attitude against the League
OF Nations stiffened. He appears now TO
have the inside track. The two Democratic
aspirants are Breckenridge Long, an Assist
ant Secretary OF State. and Gov Frederick
l.. Gardner. Both are ardent Wisonians,
and Wilson stock is pretty low in Missouri,
even in the ranks Of the Democratic party
Champ Clark has refused TO run for tho
Democratic nomination. Spencer will win
at the election II the Republican candidate
for President makes a good run. Missouri
likes McAdoo and Cox as Democratic Presi-
Dental possibilities, and with either as tho
candidate the Republican party's work
would be cut out for II. II Mitchell Palmer
is the candidate, the State would go Repub-
lican by $4,000 shrewd Judges believe. Pro-
hibition Is big issue In st. Louis and will
cause annoyance to each side.
Nevada.-Charles B. Henderson, Demo-
cratic sitting member. Is opposed for re-
nomination by Miss Anne Martin and former
Representative z. r. Roberts, whom Hender-
son beat for the short term two years ago.
He has the backing Of large interests and
enjoys great personal popularity. Chances
favor his reelection.
New Hampshire.-George II. Moses. who
won in the short term contest OF two years
ago, may not have serious opposition in his
own party. II the women vote. In New
Hampshire Huntley L. Spauiding. wealthy
manufacturer Of Rochester. win probably be
a candidate at the demand Of militant sff-
fragists. An IN all. Il looks bright for Moses
and for continued Republican representation.
Nnuv Yark-.fk In aRnNcfe A hv RNDuhiiean
The Sun and the New York herald., 1920-04-18
COMMODORE
WAND ER BIlL

cent. Of the total was IN his hands. And that
ne was able 10 DO what he pleased with IL,
and that free and natural market was not
maintained. The shorts take the position
that the outstanding contracts TO deliver
stocks resulting from sales, are invalid. and
there the situation IL deadlocked.
The Stock Exchange authorities long ago
set their faces sterny against a corner. or
a senblsnee OF a corner. on the ground that
Il is inconsistent with just and equitable
principles OF trade and business.
Several attempts have been made by aEi-
,horites and experts TO describe just what
a corner is. One Of them says: "A corner
Is that condition Of a stock In which the
supply is held by one operator or by a
cliaue Of operators, and IN which many have
contracted 10 deliver TO the operator or
cliqus what they can obtain only from the
operator or clique. This In a condition which
results from the operation Of short selling.
The Hughes Commission. in June. 1909.
took considerable interest In the same subject.
The report, as submitted 10 the then Gov
ernor. Charles +. Hughes. by a commission
OF which Horace White was the chairman.
included this recommendation: "The Stock
Exchange might properly adopt a rule pro-
viding that the governors shall have the
power 10 oecide When corner eAlSts anu W
hx a settlement price, so as to relieve inno-
cent persons from the injury or ruin which
might result therefrom. The mere exist
encA Of such a rule would tend to prevent
corners"
40 such rule was adopted by the ET-
change. however, and the explanation IL
probably to be found in the answer given
nv H. s. Martin. assistant secretary Of tbs
Exchange, in his book on its functions, In
which he declared that ito fix limit on
corners was shown TO be a greater danger
than the present practice. because such
limit would afford unlimited opportunity for
raiding stock values"
Chronologically. the developments in the
Stutz corner have been as follows:
February / to March 30-Advance in
The Sun and the New York herald., 1920-04-18
Stz Corner Ranks Among Wall Streets Great Sensations
Financial Battle Re-
calls Many Other
Deals in Which the
Shorts Were Made
to "Pay Throu gh
the Nose"

for one day. On May o. starting a. ''a
q share. the stock shot w 70 $1,000 pe'
share for cash sales calling for immediate
delivery. But while Northern Pacific ~s'
advancing seasoned securities such as peis-
ware and Hudson. General Electric and or
solidated Gas, the then market leaders
were declining perilously.
A truce was called after the battle hah
raEed all days Under the terms Of th4
srmistice the shorts were allowed to setts
at $3.50 per share.
The Official sales records Of the Stock
Exchange that spring morning In 1901 dc.
close an interesting story. JUST as do tHs
ofBcial sales slips OF stutz on the Ana! tVo
DAYS before trading was halted.
This h the Official record OF Northe-N
Pacific sales on the day OF the corner just
as they we're made:
The Sun and the New York herald., 1920-04-18

their candidate Oklahoma seems safe for
the Democrats with Senator Gore almost as
safe for reelection.
Oregon.-There is a peculiar situation in
this northwest corner of the country. Hero
We have In Senator George L. Chamberlain.
the sitting member up for denomination and
reelection. Democrat who has been
elected twice from a Republican State. No
other Democrat would have a chance. prob
ably. in Oregon this year. but II Chamberlain
wins the denomination he Is likely to be
elected. He can invariably count upon many
thousands Of Republican votes, for many
thousands of Republicans regard him as the
ablest man in the State, irrespective Of
party. He, too, carries the opposition Of
the Administration because Of his assaults
upon Secretary Of War Baker for misman-
agement, and for even more shocking acts
OF leee rlajeste It is unlikely, however,
that the purpose Of the White House can be
accomplished. George Chamberlain is too
strong in his own backyard.
Pearose Going Strong.
Pennsylvania.-wlth Boies Penrose. Re-
publican sitting member, restored to health
and going strong the result is as good as
announced He carried the State by a ma
jority Of 245.00o in 1914 and with the party
divided. This year Republicans are solidly
together Penrose has no opposition for re-
nomination and that's about all there is TO
discuss in the situation in Pennsylvania. II
A. Mitchell Palmer Is defeated at San Fran
cisco he may run for Senator. Vance Nc
Cormick has been mentioned also. Both had
a setback recently from q faction Of their
own party in the State. II IN expected that
panrnaa Uuili P0l1 10 - 80 Iao~
100000 on November 2.
South Carolina--This State will return a
Democrat, Of course, and will probably send
back the incumbent, Senator Ellison d.
Smith. The candidates are required to file
before June Is, and no one considered an
having political strength has yet filed
Virginia-The situation here may be dis
missed almost in a sentence. Carter Glass
former Secretary Of the Treasury, has no
opposition for denomination. The Republi-
cans have not even discussed a candidate
Glass will succeed himself and Virginia an
usual, will be in the column marked ID"
Vermont.-Willam p. Dillingham;, Repub-
lican sitting member. is opposed by former
Gov. Fletcher, but Dillingham; is expected TO
win denomination easily and there is no
question as to his reelection.
Washington.-Wesley L. Jones, Republ-
can, is the sitting member here and win h.
renominated without a doubt. There is scme
opposition to him because some people in the
State thought he took q long time 20 "a,
into the war. Eventually, however, he came
forth strongly and the same Is true an re-
CARDS his attitude on the treaty. Stephen !.
Chadwick former Governor, Is the probsb,.
choice Of the Democrats II 10 virtually sure
that washington WIN 70 Rspuhlisan saa
thai aaaas VII % hank - ths 6aaata
The Sun and the New York herald., 1920-04-18

Stutz stock by the governors Of the New
York Stock Exchange.
April l.--AnnouBcement or the Stutz
Motor Car Company directors Of the dec
laration Of a stock dividend OF $4,000 shares,
in addition to the 10000 shares declared a
month ago, payable to holders in install
ments, which will double each holders
shares by April /. 1921.
April 3--Apnouncement Of the terms on
which Mr., Ryan says he will be willing to
settle with the shorts. tTheS included
settlement with shorts through an Exchange
committee not by individuals: restoration
of Stutz to trading, and settlement A.
price TO be hxed) The Exchange authori-
ties summartly reject% Mr.. Ryan's propo-
cal.
April 5.-Rulng BY the Stock Exchange
that no action would be taken against
member for failure 10 deliver stutZ stock;
in other words, that the buying in rule
would be suspended in this case.
April 6.-Sale OF Stutz shares al Vesey
street auction room for ST01 per share.
The Sun and the New York herald., 1920-04-18
This is the official record Of sales on the
final two days on which Stuiz was traded IN:
March So March 81
March 80.
March 81.

The pages Of financial history consider.
ably further back than the comparatively
recent corner in Northern Pacific contain
some livid records wherein the shorts were
obliged to see the captain and pay through
the nose" The names of Gould and Wander
bit run through these early records with
great frequency Railroad stocks, then the
leaders in investment and speculation. were
the counters in the old game. but the gen.
eral rules Of procedure appear not TO have
been changed. Then. a. now. he who sells
what isn't his'n, must buy it back or 60 10
prism"
Albuquerque morning journal., 1920-12-09
NET SQUADS AT VEGAS
NORMAL GET IN SHAPE
WITH VETERANS BACK

Las Vegas, n. NJ, Dec. S.-The
opening basketball game of the
season likely will be played soon,
between the normal university
girls and the Santa Fe high school
girls team. Bessie Culberson and
Nina Garret, the two guards of last
years team are out for a position
on the 1920-21 regulars. Other
candidates who look promising to
Mrs. Victoria Miller. the coach. are
Della Chambers, Charlotte O'Mat-
ley, DOME Taylor, Marjory van
Horne and JOY Currie.
The boys teams is expected to
make a good record in inter school
games. Games between teams rep
resenting the college rank boys ana
the high school rank fellows have
been played and have developed
many strong candidates for the
regular squad. Hursh and Nelson
probably will make the guard po-
sitions. Herbert Hilgers, Pete
Pankratz and Tony Gutierrez are
making a fight for the forward po-
sitions, while Alvin Naylor, VINO
gained fame as a steer rider at the
Cowboys reunion last year and
this. looks good in center. Hursh
is a veteran and captain of the
team,
Albuquerque morning journal., 1920-12-09
QUIZ COMMITTEE
IS BARRED FROM
VISITING ERIN
England Refuses to Wise
Passports to Permit a
Commission to Go to Ire.
| and to Study Conditions.
(By The Associated Press)

washington, Dee. S.-The Brit
ish Embassy today refused to wise
the passports of the members OF
the special committee selected by
the commission of inquiry on CON
ditions in Ireland now in session
here, to visit Ireland to study con-
ditions there at first hand.
This means that the members of
the committee will not be permit
ted to visit Great Britain.
The decision OF Sir Auckland
GedGes, the British ambassa dor,
not o wise the passports was made
knofn in letter sent to William
Mad Donald, secretary of the com-
mission, by 4. l.. Cra gle, first
SECRETARY of the embassy. The let
ter follows:
with reference to your apph-
cation for wise of the passports Of
certain gentlemen whom your
committee have designated as thei'
representatives to proceed to the
Uniaed Kingdom to investigate con-
ditidns in Ireland, am directed by
His Britannia Majesty's ambassador
Albuquerque morning journal., 1920-12-09
WILSON REPORTS
ON EXPENSES OF
PEACE MISSION

Washington, Dec. S.--A special
message giving the complete ex-
penses of the American peace com
mission during its work abroad was
transmitted to the senate by Prest-
dent Wilson today.
Total expenditures amounted to
$1,651,191.09 from December /.
1918, to December 4. 1920. The
amount actually paid out was
$1,703,712.06, but repayments and
gains in exchange reduced this by
$52,52O.97.
Some of the larger items were;
Travel and subsistence, $28,442.;
subsistence, $193,629; salaries,
$200,S71; wages of employees at
Hotel Crillon, $131,5O7; rents,
$176,S53; food, hotel and kitchen
supplies; $2S3,560; hire and laun-
dering of linen at hotel, $64,9G9;
damage and loss of property at
hotel, $125,S70.
Various missions to Russia, Ger
many, Posen, Turkey, Holland and
Armenia cost $239,726. Purchase
of automobiles amounted to $l4,-
6O2 and confidential expenses of
presidential party, $l75S4,
Col. f. NJ. House and Henry
White, the statement showed, re-
ceived monthly salaries of $1,000
as commissioners, while Robert
Lansing, former secretary of state,
and Gen. Tasker II. Bliss, other
commissioners, had their actual eX-
penses paid,
The accounts showed refunds by
President Wilson of 914.70 francs
for expenses while at Rome; by
Colonel House of 10.402 francs for
official entertainment from Decem-
Der 1, 1918, 90 June 3, 1919, by
Secretary Lansing Of 1859 francs
for tips and of large amounts FOR
Albuquerque morning journal., 1920-12-09
FARMERS EXCHANGE AT
LEVY ELECTS TWO NEW
DIRECTORS TO BOARD
lspecIal Correspondence to The JoprnaIN

Especial Correspondence to The JOUrnaiD
Levy, \. NJ, Dec S.-The Farm
ers' Exchange og Levy, which has
lately been reorganized and incor-
porated under the laws of the state
of New Mexico, at a recent meeting
elected two new directors. +. T..
johnson and Albert Perry. The
personnel of the board of dircc-
tors is now as follows: Thomas
Kyler, president; 7. J. Bolt, vice
president; Albert Zimmerman, sec
retary and treasurer; Frank Criger,
II II. Irwin and the two new di-
rectors.
The exchange is now receiving
grain and beans, and a carload Of
wheat was shipped this week To
Albuquerque. County Agent Kro-
mig of Wagon Mound was here
Monday looking over the ware
house and the new elevator, and
announced his intention of making
blue print of the building, which
he says is the best in the county,
to be used as a model for other
buildings for use of similar organ
iZations.
Albuquerque morning journal., 1920-12-09

expenses of the wives of the COM
missionerS,
Allowance for subsistence for
employees and attaches, the state
ment showed, ranged from a few
francs daily to s4 and Sc for most
of the American employees. One
item was of $35 a day to samuel
Gompers president of the Ameri-
can Federation of Labor
Rear Admiral Grayson was cred
itcd with frequent drafts of $1,000
and more for confidential expens-
ea Of the president"
Minor items ranged from news
papers and magazines to coal and
cigars. The latter, it was said, We're
bought in America and sold at cost
to the commission personnel.
Albuquerque morning journal., 1920-12-09

NJ. c. A. annual program, Mr.. Fox
explained and is the final phase OF
the associations program OF gen
cral economic education.
The physical, educational, So
cial and religious activities of the
association have been recOsnizad
activities" Mr.. Fox said. "Secre-
taries have found, however,
that so many vital problems
Of which young men and boys lie
in the realm of economies that the
employed officers conference at
Springfield Mass, in June, 1918,
adopted the following resolutions:
Resolved. That meeting the
economic needs of men be consid-
cred as worthy of a place with the
physical educational, religious and
social work and that it will be re-
garded as the fifth part of the as
soCiatiOu's two-fold program.
National Thrift week is an in
tensi.ied program observed annu-
ally, beginning January Il, Benja
min Franklins birthday, in COM
munities throughout the country
under the general direction of the
National Thrift week committee.
The activities of National Thrift
week are the concentrated activi-
ties of the economic program as
conducted throughout the year y
The days of National Thrift week,
January II to %. Mr.. Fox said, are
as follows
January l7-Natiopal Thrift
Week or Bank Day-To emphasize
the service financial institutions
render in a community and the
benefits of doing business with
them.
January 1SBudget Day-To em-
phasize the importance of planning
expenditures in advance, buying
and investing wisely and keeping
a record of expenditures.
January 19-National Life In
surance Day--To emphasize the
importance of protecting loved ones
by creating n life insurance estate.
January 2O-Own Your own
Home Day-To emphasize the i'm
portance of living under the shell
ter of of ones own home.
January 2l-Make Will Day
To emphasize the value Of plan
ming for the future of ones de-
pendents by making a will.
January 22-Pay Your Bills
Promptly Day-To emphasize the
value of credit and the moral OBJ
legation of paying bills promptly.
January 23--Share With Others
Day-To emphasize the religious
privilege Of sharing a part of ones
income with the church or other
unseltish causes.
Albuquerque morning journal., 1920-12-09
cox PR0FFERS AID IN
APPOINTING WILLIS AS
HARDiNG'S SUCCESSOR
(By The Associated Press)

Columbus, O., Dec. S,-Governor
Cox today wired President elect
Harding proffering his co-opera-
ton in appointing Senator-elect
Frank b. Willis, republican, 10 I'LL
the uneXpired term of Mr. Harding
in the senate.
This suggestion is prompted by
a spirit of helpfulness which must
possess our people without regard
to political association, If govern
ment Is to efficiently meet the
needs Of humanity" said Governor
CoX's telegram.
Albuquerque morning journal., 1920-12-09
UNION VOLUNTARILY
REDUCES WAGE SCALE

Lincoln, Neb,, Dec. S.-The Lin
soln carpenters union Tuesday vol-
unfairly reduced its wage scale from
$l121a an hour to ST.. The pro-
viso is made, however. that if
building materials and architects
fees remain as at present by the
first of next April, the old scale
will be restored.
Albuquerque morning journal., 1920-12-09
CLASSIFIED
TOOK 2 HOURS OFF TO
VOTE; FAILED TO DO
so: ARE DISCHARGED

SacramentO, Calf, Dec. s.
About IS Southern Pacific shop
Workers have been discharged for
taking two hours off on election
day, November 2. to vote and fall
ing TO do so, according to w. s.
watkins, superintendent of shopa.
A check of precinct records, Wat
kins said today, showed that most
of the men who aid off failed to
vote.
Albuquerque morning journal., 1920-12-09
WOULD LOAN EARNINGS
OF FEDERAL RESERVE
BANKS TO FARMERS
tBy The AssncIaled presn

washington, Dec. S.-Senator
Hitchcock of Nebraska today intro
duced his hill proposing that the
earnings of the federal reserve
banks this year, totalllng about
$70,o00,oO0, he made available for
loans to farmers to ease the pres
ent situation resulting, from falling
prices
At the same time Chairman
Gronna, OF the agricultural com.
mittee, announced that efforts to
bring up the resolution proposing
the revival of the war finance cor
poration would not be made until
Friday SO that senators would have
time TO study the testimony taken
ny his committee.
prOViuu sppna hpOpre arc TDDTD
Albuquerque morning journal., 1920-12-09
BAR ASSOCIATION OF
STATE WILL MEET AT
SANTA FE JAN. 17-18

j. l.. Lawson, president of the
New Mexico Bar association. has
called a meeting of the association
to be held at Santa Fe January II
and Is, according to information
to the Journal from Harry NJ. Nc
Elroy of Alamogordo, secretary Of
the association. The program is
now being arranged and will prob
ably be announced late this month.
Albuquerque morning journal., 1920-12-09
1919-20 ENROLMENT
AT LAS VEGAS NORMAL
EXCEEDS 1900 MARK

Las Vegas, N. NJ, Dec. S.-The
total enrolment at the New Mex
leo Normal university during the
past year was 1874. This is the
year from June, 1919, to June,
1920, the report for which has just
been made public. The winter term
had a total of 5S7, of which num-
her 217 were in the training school.
217 in the high school department
a n d 1853 in the college de-
partment. OF this number 26S were
from points outside San Miguel
county The summer school for
1919 had 947 students, of whom
more than 900 were from outside
San Miguel county.
Albuquerque morning journal., 1920-12-09
MEXICAN GOVERNMENT
RECOGNIZED BY JAPS

Mexico City, Dec. S,-Japan has
recognized the new Mexican gov
eminent, according to a dispatch
received from Leopoldo Blanquez,
Mexican minister in Toxic and
made public tonight by the foreign
office.
The foreign office also announc-
ed officially that Brazil had req
ognized the government.
Albuquerque morning journal., 1920-12-09
Wheat shipments Heavy.

Fort William. Ont, Dec. s.
shipments of Canadian wheat from
here to the United States ports.
which have been exceptionally
heavy during the last few days.
continued today when six more
ships carrying 100000 bushels left
for Buffalo.
Albuquerque morning journal., 1920-12-09

Baltimore, Md, Dec. Mount
Holly inn, apartment hotel home
of United States Senator-e,ect O,
e. Weller, and $50 other 'Baltimo-
reans, was razed by fire which
broke out at the dinner hour last
night. There was no loss of life.
Albuquerque morning journal., 1920-12-09
WHOOPING COUGH IN
LEVY DISTRICT HAS
CAUSED ONE DEATH
Especial Correspondence to The journal

Especial Correspondence to The Journaio
Levy, N. NJ, Dec. S.--An epldem-
ic of whooping cough has struck
Levy and the neighboring districts
of Wagon Mound, Colmor, Spring
er and Miami A considerable fall
ing off in the average daily attend
ance of schools is noticeable in con-
sequence. One death has been re
ported. A few cases of pneumonia
have also been reported.
The Tartars in Turkestan are
said TO be able to, buy as many
wives as they want at the rate of
a box of matches each.
Albuquerque morning journal., 1920-12-09
TOO :
LATE.

Death only a matter of short time.
Don't wait until pains and aches
become incurable diseases. Avoid
painful consequences by taking
Albuquerque morning journal., 1920-12-09
GOLD MEDAL.
NhknLEM !z1!1!;l4!, ON
w gLysxJgIAK1 W

The worlds standard remedy for kidney,
liver, bladder and uric acid trou bles--,he
National Remedy Of Holland since 1896.
Guaranteed. Three sizes, all druggists.
Look for the name Gold Medal on every
and accept no imitation bos
Albuquerque morning journal., 1920-12-09

Proving some honors are more
trubble than they werth.
Republican farmer., 1920-04-16
PRICE RAISE
 CAUSES ANGER
Central Labor Union To Take Steps To Increase
 Wages.

Great indignation was expressed throughout the city today at the an nounced increase of a dollar and a dollar and a half ton in coal prices
 The dealers claim that the increas- ed cost to them and the probability of their being unable to get additional supplies on account of the strikes on the railroads is the cause of the raise.
 Most of the yards in this city have a larger supply of coal on hand than is usual at this time of the year and most of the consumers have been looking for decrease in price Hwhich is usual during April and May.
 The matter of the increase of coal and other necessaries will be taken up at the meeting of the Central La- Dor Union tonight and it was stated this morning that steps would be taken to get an increase of wages for all the workers of the city so that they 7Cay be able to meet the increase in the cost of all commodities during the past few days.