davidaulloa/AmericanStories huggingface dataset:
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

improving after peing III for the past
week.
Mrs, John Holindrake went to Pl.
Grove Wednesday end spent two days
with her daughter. Mrs. Junius West
New Draperies. New Linoleum, New
Lace Curtains, New Wall Paper. at
Chipman's.
Mrs. e. s. Poulson spent two days
Of the week at Provo. visiting with
relatives.
Mrs. Leslie Parker, Misses Alice
Parker and Fanny Searle, we're Wis
iting with friends in Provo, Tuesday.
j. r.. Berg and son Don, spent the
latter part of last week at Eureka,
on business and with friends.
Grants carry the most complete
line Of appropriate wedding presents
to be found in the north end.
Mrs. Guy Darling and children Of
Lehi, spent Tuesday with Mrs. OAR
ling's parents. Mr.. and Mrs. A. B.
Adams.
Mr.. and Mrs. Lamar Sykes spent
Saturday and Sunday in Pleasant
Grove. visiting with Mrs. Sykes par
ents, Mr.. and Mrs. Eli Perce.
Mrs. Henry Fo,.en presented her
husband with :. fine baby girl. We'd
nesday. Ms. Folken was formerly
Miss Kate Miller.
JayAes II. Chapman OF Denver. ar
rived in American Fork Wednesday
to spend few days with his parents.
fT. and Mrs. w. s. Chapman.
Mr.. and Mrs. Roy Thompson and
baby Of Tooele. were in American
Fork Wednesday. guests at the home
of Mr.. and Mrs. T. A. Lee.
All next week: 336,OOO.00O
Inter Church campaign. The
Presbyterian Church cooper.
ating. . ~
Mr.. and Mrs Reuben Chapman re.
ceived word this week that Mr.. and
Mrs. John Bramer OF Denver, have q
new baby girl. born April 10. Mrs
Bramer is a sioter to Mrs. Chapman
Mrs. Emma Foster was hostess a
| a dinner party Sunday. Covers were
laid for fourteen. Those out Of towr
were Mr.. and Mrs. Arthur Forbes
and daughter Doris Of Alpine.
4 Mr. and Mrs. j. o. Brown Of st
Johns. Ariz., are spending this weel
with their daughters. Mrs. Willard
Olson of Alpine and Mrs. r. s. Poul
son OF this city.
Mrs. Nancy Forbes received wor
this week OF the death OF her brothe
|, John Cooper, who died In Logan a
the age Of g. Mr.. Cooper was borl
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Melissa Bolay gave a shower
at her home Wednesday night, In
honor OF Miss Edith Buokwalter. The
room was artistically decorated with
red hearts. Thirty-five guests were
entertained in music and games. A
dainty luncheon was served at eleven
Miss Buckwalter received many use
full and beautiful presents.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs j. o. Brown or St.
Johns. Ariz.. are spending this week
with their daughters. Mrs. Willard
Olson Of Alpine and Mrs e. s. Poul-
son OF this city.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Herbert Kelly Of Kansas City. Mo.
arrived in American Fork this week
to spend an indefinite time at the
home of Mr.. and Mrs. F. G. Hitch
ner.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs. Roy Thompson and
baby of Tooele. were in American
Fork Wednesday. guests at the home
of Mr.. and Mrs. T. A. Lee. vi,
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

A meeting was held in the taber-
nacle Tuesday afternoon. under the
direction Of the primary stake board.
for the primary officers and teachers
OF the four wards. Preparations for
the eooial and busy hour for the chill
dren was taken up. A large crowd
was In attendance. ft tlt
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Guy Darling and children Of
Lehi. spent Tuesday with Mrs. Oar
ling's parents. Mr.. and Mrs. A. b.
Adams.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Jayaes II. Chapman OF Denver. ar
rived in Americm Fork Wednesday
to spend few days with his parents.
fT. and Mrs. W. 8. Chapman.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

All next week: 1886, 900, 900
Inter. Church campaign. The
Presbyterian Church cooper
ating. .e -
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs. Albert Gardner OF
Myton are rejoicing over the arriva
OF a baby girl, born last Sunday. Mr.
and Mrs. Gardner was former resi-
dents Of this city. Mrs. Gardner wa
formerly Miss Ida Kelly.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. John II. Hindley entertained
Sunday at dinner party, in honor Of
Mr.. and Mrs. Arthur Adams, who
have recently returned from Califor-
mia, and Mrs. Milton Pool of Heber
Covers were laid for eight.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Henry Fo,.en presented her
husband with :. fine baby girl. We'd
nesday. MS. Folken was formerly
Miss Kate Miller.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Emma Foster was hostess a,
a dinner party Sunday. Covers were
laid for fourteen. Those out OF town
were Mr.. and Mrs. Arthur Forbes
and daughter Doris Of Alpine.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr. and Mrs. Lamar Sykes spent
Saturday and Sunday in Pleasant
Grove. visiting with Mrs. Sykes par
ents, Mr.. and Mrs. Eli Perce.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs, Reuben Chapman re.
ceived word this week that Mr.. and
Mrs. John Bramer of Denver, have 8
new baby girl, born April 10. Mrs
Bramer is a sister to Mrs. Chapman
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Arthur Dickerson Of Salt Lake
spent few days OF the week here
with Mr.. and Mrs. Alma Rowley and
other relatives.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs. Bazel varney and Mr..
and Mrs. Neron Fowler of Lehi, we're
the guests at the home of Mr.. and
Mrs. James Varney, Wednesday.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Mlissa Greenwood is slowly
improving, after being nj for the past
week.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr. and Mrs. James Martin and
DR.. Young Of Salt Lake. were the
Sunday guests Of Mr. and Mrs. Jas
Martin, Sr.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

IL you need wagon. harness. Of,
any implements. call up VIM. Preston
at Chipman's Lumber Yard. Telephone
One Five. 15.)
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mr.. and Mrs. Thos. Coddington
motored to Provo Monday and spen,
the day with friends. Mr.. Codding.
ton also spent Tuesday at Vernon, or
business.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. e. s. Poulson spent two days
of the week at Provo, visiting with
relatives.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Steve Woods entertained a few
Of her friends Sunday at a social The
time was spent In social chat and
luncheon was served.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Grants carry the most complete
line Of appropriate wedding presents
to be found in the north end
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Basil Walker and children oil
santaquin. arrived in American Forl
"Wednesday to spend two weeks with
Mrs Walkers mother. Mrs. Sarah
Chadwick.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

4 ~ N q n J, a
Mrs. John Meelsr was hostess alta
chicken dinner party given at her
home Wednesday night. The guests
included Mr.. and Mrs. Frank Werner
Mr.. and Mrs. r. @. Hitchner and
Mrs. Hitchner's brother. Huber Kelly
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

New Draperies. New Linoleum, New
Lace Curtains. New Wall Paper, at
lft l3
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

A'falfa and grass seeds at Chip.
mans.
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs, John Holindrake went to Pl.
Grove Wednesday end spent two days
with her daughter. Mrs. Junius West
American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1920-04-24

Mrs. Byron Crokston and Mrs. S,
Sandmeir are spending the end Of this
week in Provo, visiting with rela-
tives
New-York tribune., 1920-05-16
The Dollar in Foreign EXCHANGE

Although the general tone of the
European exchanges during the last
week was frmer, no striking changes
in quotations took place. The CON
/ tinued strength Of the mark, which has
doubled in exchange value since mid
winter, was perhaps the feature of the
market. IN which francs and lire also
showed Improvement. The pound ster-
ling. however, was a shade weaker.
/ The National City Bank, on behalf
/ Of the Argentine government, yester-
day paid off the Argentine loan, con-
sisting Of $4,000, 900 and 100000 in
bonds. Argentina made credit ar
rangements in England to meet the
maturity.
In connection with the debate in ex-
/ change circles as to whether the de-
probation of the European currences
IS due to imitation or to trade balances,
Frank A. Vanderlip and John H. Will
iams, in collaboration on the future
of Americas foreign trade, point out:
Unto the theoretical controversy
thus raised it would perhaps be un-
profitable for our present purpose TO
enter at any length. AS is so often
the case there is truth in both views.
1t may be noted that in such inductive
studies as have been made of The in
ternational trade and credit balances
Of countries on basis of deprecated
/ inconvertble paper, there is found to
be an interaction between the two fac
tors which have been seized upon in
this discussion as being each solely
and exclusively responsible for the de-
preciated exchanges. Overissue of in
convertible paper and deficit on in
ternational balance are of precisely
ket, and any marked variation in
either effects q Chanro tho
other Either alone would, if marked
and persistent, cause depreciation;
both together are bound TO. And it
may be noted, also, that both repre-
sent forms of borrowing, the issue Of
inconvertible paper being in the ma
ture of a forced internal loan, and the
deficit on international account result
ing from heavy borrowing from abroad
ION one point, however, there can be
no question. The extraordinary pur
chases of our goods by Europe, under
the stress of war and reconstruction,
financed mainly by funds furnished by
the United States and only to a minor
extent-and that only early in the war
by European gold, would have occa-
stoned a decline of the European ex-
changes even had there been no war
time issues, whatever, Of paper cur
rency. On the other hand, it is equally
true that the marked fall of the ex
changes late in 1919 was not ascrioable
solely to the state of the European
trade and credit balance with the
United States, but was due in part to
the domestic currency situation"
If you calculate the cost of the dol
lar in terms of foreign money at cur
rent exchange value-that is, if you
were buying dollar with pounds,
marks or francs-its value at the close
of last week, as compared with a year
| ago, follows:
New-York tribune., 1920-05-16
N. Y. Federal Bank
Reserve Ratio for
Week Shows Drop
Decline From Ala to 1913
Mainly Due to Decrease
in Reserve and Gain
in Discount Operations

Mainly 5 the result of a decrease
IN its total reserves Of S6,581 1853, and
an increase of S29 9,3O7,84S in its dis
count operations, the ratio of the New
York Federal Reserve Banks reserves
to deposits and Federal Reserve note
liabilities at the end of last week stood
at 40.3 per cent, compared with Al a
per cent the preceding week The ratio
of reserves to net deposist, after de-
ducting 40 per cent gold reserves
against Federal Reserve notes in cir
culation, was 400 per cent, contrasted
with All per cent for the week ended
May 7.
The heaviest loss in the gold reserves
during the week was sustained in the
gold settlement fund, amounting to
SO, 58,031. This was due to shipments
to the interior for the account of other
Federal Reserve banks as d result of
their borrowings at this center. These
borrowings were much larger, however,
than Indicated by the settlement funds,
which also included offsets in the way
of items due the local institution.
Total loans to other Federal reserve
banks amounted to $48,722, 696, of
which $31 $4,000 was secured by gov
ernment war obligations and ST., ,102 ,696
by commercial paper. Borrowings by
local member banks increased during
the week to $3.50, $40, ,705, from $780,
S62 900 q week ago. Discounts of COM
mercial paper showed a drop from
S215 ,049 900 to $199, ,28S. The Fed
eral Reserve Banks holdings OF bank
ers' acceptances at the close of the
New-York tribune., 1920-05-16
From the Plantation

A cotton firm at Pine Bluff, Ark, in
It's May circular, gives the following
graphic picture of the effect of the
soldier bonus bill in the cotton fields:
Labor is scarce, and hard to do any
thing with when you get it, The bonus
DILL as they call it, Will soon pass
Congress and we will have one good
time. What do you think, Rastus-s5O
extra for every month in the war.
served twelve months in France he
says, this gives me $500 The news
papers say we will get an average OF
Kansas city, n says says Bill. i f am M
going to Chicago. There is something
going on there all the time. l likes
"hostler" on the plantation, served
eighteen months. He and his wife are
going to Boston, cause the colored
folks there and the white folks are all
alike: No differences; we ride together
IN the same cars, go to the same
churches, all sit together in the the
ater, all buried together in the same
graveyards. Don't mention Kansas
City to me, Boston will be my home
for while anyway
How can we grow cotton and corn
at this end, with Congress at the other
end promising something for nothing Z?
We are demoralzed and Washington
is responsible for much of it. If this
bill passes Congress, and the bonus
is obtainable within sixty to ninety
days or sooner, you will see an under
production of everything, and espo-
clally from the cotton fields"
New-York tribune., 1920-05-16
Southern Pacific

Southern Pacific stock should be
worth from 10 to lis as a permanent
lnve stment, IN the opinion of Wrenn
Brothers & Co., who say: From anv
point of view Southern Pacific looks
like one of the very best of railroad
stocks The company now appears to
have secure possession of its oil lands,
and these add from 81 100000 to s.. .0O0.
600 per annum to net income. varying
according to the condition of the oil
business. Besides this, the lines are
located chiefly IN Texas and California,
where because Of the big profits in pc
troleum and cotton and fruit raising
wealth IS growing more rapidly than
elsewhere. In this territory there
have never been any serious rate wars
among the railroads, and the profits
and margins of profit in both freight
and passenger business are much
higher than in the Eastern section.
Because OF the wider margin of profit
the company is more nearly immune
from the evil effects of high costs in
boom times and of poor business in
times OF depression than are other
companies. The traffic is Of very de-
s!r&ble sort, containing an exception
ally large proportion of AGRICULTURAL
products and arising to an unusual de-
gree from the needs Of an agricultural
population. The company apparently
owns about $500, 100000 worth of rail
road property within the meaning of
the new transportation act, and the
stock seems TO have an earning power
under the applicat ton Of this act Of
"a to L per cent"
New-York tribune., 1920-05-16
Moderate Upturn
I'm Stock Market
As Shorts Cover
Tone Undergoes Further Inn.
provement in Quiet Trad
ing Session: Reserve Bank
Position Not So Favorable

Conditions surrounding the specula-
tive securities market were unchanged
yesterday, although higher prices were
established by majority of the leading
/ issues in the brief session at the ex-
change What happened was that the
PROFESSIONAL bear traders continued to
buy stocks for covering purposes, and
the demand, while comparatively light.
was nevertheless more than sufficient
to absorb all offerings The feeling
around the Street seemed to be more op-
tlmistic, and in, some quarters it was
predicted that the new week would
+ bring an easier condition in the domes-
tic money market
Among the stocks which displayed the
greatest degree of strength yesterday
were & number which have been under
pressure for several days. notably the
motors. Considering the character of
the market the gains recorded in Stude-
baker, General Motors and Chandler
Motors We're quite subs tantial In g
number of the motor shares it is well
known that a short interest of large
proportions existed. Steel common was
about the strongest of the steel shares
getting up to 95 at the high of the day
( The so-called Doheny oils constituted a
strong group. while among the special
/ ties industrial Alcohol was an UAtstand.
ing feature at an advance Of more than
/ 3 points
/ Brokerage house comment sounded g
/ more hopeful note at the close of the
week. but there WAS still a disposition
/ to advise caution. The difficulty beine
encountered IN argling the RAILROAD
tle-up so IS to permit more norma
flow of shipments is continuing in.
huence which is stressed by all com
peteAt observers. Unless conditions
greatly improve many industrial con
Germs may have TO shut down theil
plants within the next few days. Re
ports from the steel trade yesterday
we're to the effect that works in tht
Youngstown district plan to suspend
activities as soon as fuel supplies are
exhausted.
Although the New York Clearing
House banks in their weekly statemen
disclosed Improvement in the form O
an Increase Of about $24, 100000 in sur
plus reserves, the showing of the Fed
eral Reserve Bank Of New York wa.
less favorable than the preceding week
The Reserve Bank lost slightly in it.
holdings of gold, while the total bill
discounted increased more than 500,
O0O0O0. The combined ratio of re
serves TO deposit ard note liabilities o
the bank stood at 40.3 per cent at tn
close OF business Friday, against IL !
the week before
New-York tribune., 1920-05-16
The Cleveland District

Manufacturing in and around Cleve-
land says the Cleveland Trust Com
pany in a recent circular, "is under
serious handicap as a result Of the
railroad strike, most plants being at
least partly crippled by lack of raw
materials or coal, or because of piling
up Of products. Many complete shut
downs are threatened if relief does not
come soon. Applicants al employment
bureaus have increased third re
Gently, and it Is estimated that 10000
men are out of work in Cleveland,
while many more are employed on re-
duced time. Retail stores are heavily
stocked, while buying has fallen off
noticeably and collections are slow.
Clothing manufacturers report some
cancellations OF high priced goods. The
feverish demand for automobiles has
slackened within few days, due part
ly TO the fact that specialized security
houses financing time payments, which
handle so per cent of automobile sales.
are finding it increasingly difficult TO
borrow adequate funds, and consequent
ly are Tightening their terms. Tire
manufacturers report some cancella-
tions by automobile companies, although
dealers demand remains normal. Au-
tomobile companies whose operations
are crippled also have suspended soma
orders for steel. Building construction
IS almost at standstiIl, with materials
unavailable and costs prohibitive."
New-York tribune., 1920-05-16
Financial Items

The Bankers Trust Company has been
appointed transfer agent for managers
shares and common capital stock OF the
Overseas Securities Corporation and for
'ae preferred and common stock OF the
Cfowen Publishing Company.
The New York agency Of the Bank Of
Chosen has moved It's offices to the City
iifestlng Building At 165 Broadway.
The Mercantile Bank of the Americas
announces the opening OF an office al
o. afa, Fera This Is the sixth branch
ITS aff!liate, the Banco Mercantil
americana del Peru. TO be opened in that
country
- slnstein. Ward Co. members OF the
o@ ns@ York Stock Exchange, announce the
srS"'hg OF their offices at % Broad street
s sa4 at at Delmonico's Forty-tourth street
@+d Firth Avenue, TO transact general
TT,tiinission business in stocks and bonds
s W. ArIn is composed CT samuel E. Elm
I'm Marshall +. Ward and DAVID S
announcement was made yesterday that
= l. securities Corporation shares win not
H. stricken from the list immediately fol-
r"tas the closing OF the books on May Is.
snngiaangc officials hold they cannot take
is ~ until the certificate of dissolution
na,eo ,.seo oy the company with the State OF
- '""are Stockholders meet on June
yldes the dissolution plan which pro
the e. .or the conversion OF their stock at
NJ ate OF four shares for one OF American
@"oaoco common
stmppnsation has been made to list on the
a. a., exchange American Steel Foundrtes
Esnei ei'tyo ~, additional common stock and
.ho Mines. Ltd.. so. 300 shares.
t.rds, rh. Loft Candy Company reported yes
cen, safes this month more than so per
N'a' ahead Of last year
NJ. special meeting has been called for
nsrv - by the Packard Motor Car Com
eres, ior stockholders to approve an In
Ssaa and for conversion Of dsbsnturs note.
S1Sa may be issued.
New-York tribune., 1920-05-16
In w all Street
Marking Time

Last weeks stock market was one Of
the dullest in the recent history Of
Wall Street. Public interest was al
most entirely lacking and pools were
unwilling to buy stocks without some
assurance that they would be able to
get rid of them later on at higher
prices. The present market, say OBJ
servers, is noteworthy because in pre-
vious Presidential years there has been
considerable activity, which has con-
tinued right up to the day of the
election With the many uncertain
ties in the business and financial out
look, there are few in Wall Street who
look for any sustained upward move
ment Of prices between now and fall.
The factors that win make for contin-
ued inactivity, in the opinion of the
brokers, are: /, Scarcity and high cost
of money; 2. Scarcity and high cost
of labor; 3. The transportation tie
up in the West; 4. The bonus bill and
it's drastic tax provisions; 5. Lessened
demand because of high prices.
New-York tribune., 1920-05-16
island Oil Income Report
Surplus for Year Shows 37c.
Share on Capital Stock

The annual report of the Island OIL
and Transport Compny issued yester-
Gay for the year ending February .
shows surplus. after charges a,G
taxes, Of $65l,576, equivalent TO -
cents $40 par value) earned on n.
81 63o,500 capital stock outstanding.
The gross income from oil sales and
other sources totaled $4,1S7 .594, and
the net from operation was $1,000, ,751.
Interest deductions left the surnlus fo,.
the period. The corporation is unde r
contract to acquire 81 per cent of the
common stock OF the Massachusetts OF!
Refining Company. which is erecting a
5000 barrel refinery near Boston. When
this Is completed the corporation viii
have total refining capacity Of 10000
barrels daily.
New-York tribune., 1920-05-16
Railroad Maturities

Total railroad bond issues falling
due during the remainder Of 1920 SHOW
total of $2o5, ABS, 200, according to .
compilation by Dow, Jones & CO. 1t
IS expected that many of the smaller
items will be paid off from funds al
ready raised. Among the princ5p ma
TURTLES are s12 2,500000 Grand Tr,1 k
Railway Of Canada five year notes, due
July /; S7,500000 Chicago g. Indiana
per cent notes, due September /
$30,000,000 of Erie Railroad issues:
S4,000,000 one-year Seaboard Air Line
per cent notes, and $20,000,000 Great
Northern Railroad three-year per cent
notes, due September i. 1t is under
stood that syndicate of New York
bankers is negotiating for a new loan
to take care Of the latter maturity.