davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

exchange on London Tell yesterday be-
low the $40 mark, selling an low as
s3.ssk and CLOSING At 3a.SeM for q loss
of ax cents. Francs got within n fYao-
ton OF 8 cents n franc. Exchange on
Italy made n now low record OF s.sih
cents q Ira Other lows OF the day
were, MARKS. 1.2f cents; drsohnas. $50
cents Swiss francs, fbF cents: Swsd-
ish exchange, 10 centsi pssetas. 1s.3s
cents Belgian francs. ga cents gull
ders. asea cents In connection with
the point drop I'm gIilders there were
reports yesterday that Holland has
started the negotiation with J. p. Nor
gan n Co. for n sizable loan, but no
confirmation OF the report was obtained
and II was thought in Wall Street that
loan TO Holland probably would DO
consummated In other quarters
Urgent pleas arc being sent to France
urging her 70 be reasonable In the mat
ter OF the German indemnity. As an
international banker put Il; France be
reasonable rcrardfng the German In
asrnisy. rossA Ensiand's proposals ~
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
GOSSIP OF WALL STREET.


Unfavorable factors rolled In thick
and fast on Wall Street yesterday and
support for industrial stocks was con-
spicuous by its absence. Rail stock
holders started wave OF profit
taking after stocks Of that class had had
run-up In the morning and before the
active part Of the day. In which the turn
over Just missed the million mark by Q
few hundred shares. Practically every
thing on the list exhibited the effects OF
liquidation. Reports OF rcadjustnent In
the commercial world and Of Industrial
and political uneasiness abroad aided
tho decline. Foreign exchange. cotton
and wheat were lower, and added to
this was the news of tho closing Of some
important industrial plants In the
United States. Oils became o target OF
attack early In the day and considerable
progress as made In getting Atlantic,
Gulf and West Indies. Mexican Potro-
leum, Royal Dutch and similar stocks
to lower levels. An advance In call
money to 10 per cent In tho late after
noon accelerated the decline, and stocks
at the close were at about the days low
est point, with the exception Of the bot
ter class OF rails. which rallied slightly.
Taking Rail Prents.
Southern Pacific closed last Saturday
afternoon at 1921. Yesterday II sold at
1853. Northern Pacific closed last
Saturday at SIN. Yesterday It sold at
95N. Reading closed last Saturday at
s5%. Yesterday It sold at 1925.
These quick and Juicy profits were ripe
for picking yesterday. and many OF
those who had bought Southern Pacific.
Northern Pacific and Reading during
the bulge and who had failed to cash in
at the higher prices OF Thursday ap-
peared to be over anxious to get out
yesterday. The result was lower quota
lions for most standard rails under this
pressure Of profit taking. and the selling
was the signal for a fresh onslaught on
the industrials. which had not followed
the rails UP. The reactions ran from
a point to three points in the standard
rails, and tho general belief throughout
the Street was that II was nothing in the
world but profit taking. Wall Street,
taken as q whole. has gone bulftsh on
the standard rail- stocks by largo ma
jority.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
NEW HAVEN PLANS ISSUE.
N. r. Central Asks L. Q. @. fer Fer
xaissisn e. Increase bends.

WARRINGTON, Nov. b.--Authority 10
issue ss6, 100000 In Q per cent gold
bonds was asked to-day Of the fntsrststs
Commerce Commission by the New York.
New Haven and Hartford Raiirsad.
Eighty million dollars worth Of the
bonds, maturing In ten years. would be
pledged as security for funding the roads
indebtedness OF SEC, 100000 TO tho Gov
eminent incurred during Federal con-
troll. The remainder, maturing In fifteen
years. would be used an security for n
loan Of ss.130.000 from the Government.
The New York Central Railroad asked
authority 10 Issue refunding and Inn
provement 6 per cent. mortgage bonds
for s7.000,000 to be pledged with the
Director General OF Railways as security
for promlssory note In payment to him
Tor additions and bsttsrmsnts made dur
tna RsAsrAi csatrsl
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

The decline OF Keily-Springfield with
other tire stocks has brought II down
finally below the subscription price
for the $4,000 shares of It's new stock
offered by underwriters. The offering
price In $50 and the stock yesterday sold
at s4s. Although there has been fairly
largo subscription for the new stock
from holders, II In reported that the un-
derwriters have considerable OF the new
stock on their hands and on which the
rights to subscribe expire on November
10. The value Of the rights to subscribe
have faded with the decline In the stock.
At the time OF the offering they were
quoted at s1.75, but have slipped down
until there Is no bid for them because
the stock can be picked UP cheaper In
tis unasirsA than ~ subsortption-
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
STERLING EXCHANGE
DROPS BELOW $40
Lira Falls TO New Lou OF
3.5I IL Cents.

The weakness in European exchange.
following as u did repeated minor de-
,lines in preceding days was ascrfbed
n Wall Street yesterday partly 20 the
generally known reasons Of heavy offer-
nRs of commercial bills representing
grain and cotton and the printing paper
money by European countries. notably
tally. but more especially to tho uncer-
alnty created by the failure OF France
md England 70 agree regarding the
;erman indemnity.
For the FIRST time since the great
downward movement. which eliminated
n a low record for all time Of s3.is for
he pound sterling, and since tho recov-
cry to arovnA - b the pound stsxiAns.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
Pferce-Arrow.

Pierce Arrow was about the weakest
NJ the motor group, although practically
ali OF the stocks OF that character were
under fire from gong to gong. Some OF
the pressure against Pierce Arrow. II is
reported, Is due to the poor showing that
II made in It's earnings statement for
the quarter ended on september 80. Its
,,rpIus. after charges and taxes. totalled
sab5.sto, or approximately SO cents a
share on the $50. 900 shares OF It's COM
mon stock outstanding. which Is In
sharp contrast to s2.o2 in the preceding
quarters, and s1.io in the corresponding
1919 quarter.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
wearing Out Investors.

'.It IN markets such as these that wear
the nerves Of investors to a FRAGILE ana
bring the steady dribble Of LIQUIDATION
that exerts a considerable pressure
against the market" declared the man
arer of a largo house yesterday. "A
stockholder sees his stock slide down
and downs point to-day. half point
Tomorrow, and SO on. He finally de-
cides, after watching the steady decline
for a while. that he had better get OUT
ora save something out of the wreck,
This week has brought any number OF
shares OF such stock into the open. or
course. some OF these sales we're to es-
tabllsh. tax losses. and in the main the
sales to establish these losses have not
been Immediately followed by repur-
chases. as they were last fall"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
Catching . Market.

Most Of the big sugar companies are
wondering what they are going to do
with q lot Of high priced sugar that they
have on hand. They might study a leaf
from Cuba Canes last annual report
year ago that corporation had cash OF
Sb,241,1SS. This year It has cash on hand
Of S20,328.749. Last year at this time 1t
had 11,6s2.000 pounds Of sugar. This
year It's bins are empty and the sugar on
hand Is enumerated in the report with
three stars. Evidently Cuba Cane Off
cials called the turn on the sugar market
and sold out when most Of the other big
companies were buying hand over fist
and talking $50 cent sugar"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
City Financing.

Regarding reports that the city OF
New York VIII issue $5o.ooo.ooo or &c.
10000 OF new bonds on per cent
basis, Comptroller Craig said yesterday
that the city would do no new financing
until its financial departments should be
In such shape that the bonds could DO
sold on . ~ per cent. basis. He said,
further. he believed that reports
Of new financing were being circulated
IN order TO get present holders of city
bonds to unload and increase the float
ing supply. Despite the dsnials OF the
Comptroller the reports again were In
circulation in Wall Street yesterday.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

Chart readers who have followed the
market by chart have called attention
several times to the great similarity Of
the major moves In 1907 to the major
moves IN the present market and they
find stocks again entering an interest
Ing test period. The average of twenty
representative industrials declined 81
yesterday. bringing the average down to
S3.48. or within half point OF the old
low mark. Rail averages exhibited a
smaller decline. amounting TO IL, with
which deduction the averages stand at
S4.sS. Those averages will be watched
with q great deal ofJnterest in the next
two or three days. It is the theory OF
the chart players that IL the decline con-
tinues through the old low mark OF
S2.95 the downward trend has been
established firmly and that the old mark
will be broken by catching stop loss or
ders put In at that point and trifle
above It. On the contrary, should that
old low not be broken 1t would appear
to the chart readers that stocks have
struck temporary bottom and that a
rally Is due.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
CONSOLIDATED EXCHANGE.

A closing 10 per cent rate on cali
funds and new low levels for some al
lied exchanges we're effective for heavy
liquidation during the last hour OF yes
terday's Consolidated Stock Exchange
trading. Declines In some marines. mo-
tors. stecls and oils were 10 more
than 6 points. Wide early gains Va
rails, on which some Of them move
srto new high territory were succeeded
ly net losses for the session.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
MONEY AND EXCHANGE.
CALL MONEY.

CALL MONEY.
High ............. lOlL .......ss....s ~
Low ............. 9lRenewals .........
Years high. ...... % Years Iowa..
CLEARING HOUSE STATEMENT.
Clearing House exchanges, 1865 ,296 $50
balances $50. 4ss .497; Sub-Treasury debit
balances, $500. O63; Federal Reserve credit
balances, $50. $50. 5?i.
SILVER MARKETS.
Official bar silver in New York: Domestic
0aikc. per ounce. unchanged; foreign. SIC. Of
&C; London, SID, off Nd; Mexican
dollar, 62zc., off Nc.
CANADIAN EXCHANGE.
New York funds in Montreal, $105.62 pre-
MUM per $1,000: Montreal funds In New
York, 1888 per 81 900.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
FINANCIAL NOTES.

Wright Duryea. formerly with Bond
Goodwin. Is with chauncey. Hayes Bond.
Q. r. Chfds 4 Co. have complied a detailed
record OF all external loans OF foreign gov
ernments payable In the United States.
American Wholesale Corporation reports
sales for October OF 81, 527. 500. a decrease Of
sTs7.Is9. compared with those OF the CORE
spending 1919 period. For ten months ended
on October 81 sales were $33 1854 .2e5. an In.
crease OF $4.2oI,54o' compared with those OF
1919.
The west End Bank will open for business
next Monday In the Bcnsonhurst-Bath Beach
S w,iI have capital OF 500 900 and a paid-is
surplus Of 100000. The officers are: Presi-
S ,ss.;pr g. p Kelly and Seldom HAHN.
forth.
phulp s. Davis Co. have opened an
office IN SO State street, Boston. for dealing
in investment securities.
George p. Meiiick Of tho New York Stock
Exchange firm OF Carlisle. Meiiick a Co.
will soil to-day on the Olympic for few
months In Europe.
A booklet. what the Items Of Bank
Statement Means" has Just been issued by
the Guaranty Trust Company.
Missouri Paoific's September gross. sio.-
800, 04s, the greatest for any month In that
systems history. 10 estimated to Indicate
gross earnings 20 exceed fi20.000.00o for tho
full year 1920. against so3.577.ooo in 1919. It's
previous high record.
Directors Of the American Foreign Banking
Corporation have elected Archibald Kains
their chairman and John II. Allen president
OF the company. Mr.. Kains. as chairman,
has the same executive powers which he had
when president OF the company. Mr.. Allon
was formerly vice president OF the National
City Bank and In charge OF It's West Indian
and South American branches Albert II.
Wiggin, formerly chairman OF The company,
retains his position as chairman u is e1eou
tive committees
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
NEW ORLEANS COTTON MARKET

NEW ORLEANS, Nov. Slower prices
prevailed again In cotton to-day. The
close showed losses of 90 to los points.
Closed: December. 1921; January,
1853; March. 1897: May. 1s.22; July.
1905. Spot steady. rs down; middllns.
tn7A
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
LrvrRrooL COTTON STATISTICS

LIVERPOOL, Nov. t.---weekiy cotton
s,atistios, Imports 10000 bales. Aneri-
can $4,000; steok 100000. American
$4,000, forwarded $4,000. American
10000; exports 4.t5e: sales $4,000.
American 1900. Quantity anoat, ali
kinds. sss,oos bales American. $4,000
bales
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
DELAY FOR GRAND TRUNK.
Company 60 File Statements BE-
fore Naturalization.

MONTREAL, Nov. 1.-THE arbitrstio
board appointed to fix the physical prop
erty and stock values Of the Grand
Trunk Railway. preliminary to its ma
tionaiization, to-day granted representa-
tives Of the system an extension to Feb
ruary 4. 1921. to prepare statements for
adjudication.
The arbitration proceedings will be
held In this city. Sir Walter Cassiis.
Sir Thomas White and William Howard
Taft form the board
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06
Using It's own OIL.

In several houses the idea that South
ern Pacific directors plan to sell It's CAL
ifornia acreage to the Standard Oil
Company is considered preposterous. A
director Of the Southern Pacific is re-
ported to have said that those oil lands
are priceless to the corporation because
Of the fact that they assure a perpetual
supply of oil for its locomotives, most
Of which are oil burners, and its ships.
many of which also are of burners. 1t
Is generally understood that Standard
OIL of California has made a bid for the
lands, but that 1t has been rejected
and that the plans, formerly outlined
In this column. will go through. They
include the formation OF subsidiary
to be known as the Southern Pacific
Land and OIL Company. and It's stock
distributed In large part to holders OF
the old Southern Pacific stock
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

least part way. for otherwise there 10
little In sight 20 stem the downward
sweep Of European exchange"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

O. r. Chiids a Co. have complied q detailed
record OF all external loans of foreign gov
ernments payable In the United States.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

Wright Duryea, formerly with Bond .
Goodwin. Is with chauncey. Hayes q Bond.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

phiIlp S. Davis Co. have opened an
office in SO State street, Boston. for dealing
in investment securities.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

George r. Meiiick Of tho New York Stock
Exchange firm OF Carlisle, Meiiick Co.
viii sail to-day on the Olympic for q few
months In Europe.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-06

A booklet, what the items Of n Bank
Statement Means" has Just been Issued by
the Guaranty Trust Company.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
Among the Stars i'm the
World of the Iheater
By WI ". Fink

peal, will be at the Oliver tonight
in "springtime in Mayo"
George NJ Cchan's musical COM
edy. '.Aary," Is enroute to the Oil
yer. In New York IL is a whOPpIng
big success at the knickerbockcr.
Nance O'Neil was born in Oak
lard. ,,alif.. in 1878.
Since Ruth Chatterton IL pfsying
Mary Rose" with which the name
OF Maudc Adams had been linked.
the impression seems 10 be general
that Miss Adams active stage career
Is near yhe point where retir =n.eT7-
seems likely. Her health has not
been good. Until very recently Il
was expected she would appear IN
MARY Rcsc.
Abraham Lincoln last night lett
the Blackstone theater In Chicago
and has started on n tour. An en-
gagemsnt in South Bend would
mean that playgoers here would Sc
some remarkably good acting b.
Frank McGlynn and others I'm the
east.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
"THE: RIGHT TO LOVE"

Mae Murray, who has scored re-
Gently in ION With the Dance and
The Right TO Love-" made an un-
expected debut into motion pictures
she was formerly a stage dancer
and was featured i'm the Ziegfeld
FoilieS OF 1915. Her act opened
with the showing of n few feet of
finn, IN which Miss Murray was de-
picted in running down the aisle of
the theater to the stage. At this
point the curtain lifted and dis
closed the dancer in person, stand
ing BEFORE the footlights in identi.
cally the same costume that she
wore on the 81 reen. 1t happened
that or the opening night Of the Fol-
lies several film producers were
present. All of Them noted the ex-
cellent manner in which Miss Muir
ray screened and saw possibilities in
her as q rhOtoplay actress. The re-
suit was. that the following morn
ming she received no less than i've
offers to appear IN motion pictures.
She accepted tho one made by
Aoolph ZukorS, because the picture
which he had in mind for her.
Sweet Kitty Bella1rs," was her fav-
critic story Miss Murray is at pres
ent appearing with David Powell In
GeorSe FitzmaUrice productions. Tho
second one of these Is THE Right
tc Love-" which will be on view for
four days at tho Oliver theater
starting Monday.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
Castle

Starting today with the exciting
Wanted At Headquarters, starring
Eva Novak, the Castle Will offer q
week OF extraordinary strong book
ings with a new picture for every
day. Wanted At Headquarters Is
everywhere creating a sensation. IL
will be shown exclusively at the
Castle.
Body and Soul" an amazing
drama OF Paris and New YORK ana
OF bodily passion and cleaner love Is
booked for Monday. The beautifui
Alice Lake is the star OF the play.
Later in the week viii appear such
stars as Bert Lytell, Edith Hallor.
Zena Keefe and Bryant Washburn. all
of whom will be shown in absolutely
their latest pictures. These are
1.-THE Price of Redemption JUST
Outside the Door" Red Foam" and
Burglar Proof
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
OIiUer
FIskE O'IaARA nEHI NEAT.

ElShE O'l.AhA HEAI, MAT.
F.ske O'flara is corning u town
and will radiate happiness ard sun
saine OF thu stage OF the Oliver
theater this evening in his latest
success. "Sprinstime in Mayo" re-
mantle comtdy drama in three acts
and written by Anna Nichols Duty.
"Springtime in Mayo" IS a success
because OF the fragrance of its 70
nance. the freshness of its humor
and the humanity of its characters.
Every character I'm ii is said TO be
drawn from life, there is not an un-
natural feature. not a particle of
stage trap. SIR. OHara ap-
pears as d ESllicking, Americanized
young Irishrian and IN this role is
said TO have added to his splendid
stage achievements. During the ac-
ton of the play Mr.. O'Hara will rem
dor several new songs. Angus tus
Pitou, Inc, who sponsors the attrac-
Lion, presents q group OF distiEguisn-
ed supporting players, the cast hav-
ing been selected TO assure the
charm Of the romance of the com
edy.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
O.bheu,n

The Toll Gate, which is present
cd by James Grady and his company
of talented artists at the Orpheum,
starting this afternoon, Is famed as
THE Music Master" of vaudeville.
Just as David Warfeld has played
this latter classic for year in and
year out, so has Mr.. Grady appeared
in his coInedy-drama. Smiles and
pathos are skillfully blended and the
result Is delightfully."- entertaining
half hour. A big league ball player
rs well as a skilled entertainer, is
no small accomplishment for one
jim Reynolds. who is also promfn-
ent on the Orpheum bill the first
half of the week. His up-to-date
songs and original humor will have
a strong appeal to old and young.
Sargent brothers, billed as comedy
observation-disclosures. are a pair or
poppy" young musicians who know
the value Of comedy in their muslca!
Offering. 1.-The Five of Clubs" Is the
title of an act featuring Mowatt and
Mullen and presenting "A Pierrot's
Dream" The Thomas trio, comedy
gymnasts, and Howard and Helen
Savage, who call their sharp-shoot-
ing novelty AT the Country Club, ;"
complete the vaudeville bill. The
latest Kilograms and Topics of the
Day, also are shown.
For the last three days OF the
week an extra good bill has been
booked for the holiday. Rirby.
Quinn and Anger. top the program
with their original street corner
comedy, ION the Street" LaRose
and Adams. sing well and dance
gracefully. and prove altogether de-
lightful entertainers. bits of Sun
shine" is the title OF their novelty
number. Hail. Ermine and Brice.
a trio of unusual funsters offer "A
Night on Broadway" an act in
which comedy predominates. Will
liam Sisto. the Italian statesman. is
a clever monologist whose offering Is
with songs. Prosper
and Maret, college athletes. and the
Dancing Humphreys, Offering a
whirlwfnd terpsichorean novelty.
round out the bill.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26

NEST ard most original farce OF the
decade which A. n. Woods Will pre-
sent at the oliver theater CT New
ears eve and New Years day.
Up in Mabtrs Room has been
aptly described "a a frivolous farce
OF feminine fo:bles. 1t Is in three
acts and the work OF Wilson Coli
son and Otto Harbach. The. action
transpires IN the country home of
Arthur Weldon on Long Island.
Here Garry and his bride have come
10 spend their honeymoon. Cnfor-
tunatnly. weldon has invited other
guests. among them n fascinating
widow named Mabel OF whom Garry
WAS fond in his bachelor DAYS and
who reciprocated his affection.
Mabel has In her possession a pink
chemise-a gift from Garry on
which Is inscribed, Mabel from
Gary" Now Mabel isn't mean, but
she Is certainly mischievcns and she
CO.. ctived & sudden desire TO show
'iaT~y's present to his bride. Ii
therefore becomes imperative that
Garry. recover the chemise by hook
or crook. Persuasions fail. so he
resorts to theft
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26
LasaLle

Alice Lake is the star in Body
and Soul" the extraordinary attrac-
ton billed for today at the LaSalle.
The story concerns a girl who. en-
gagged TO an American, loses her
memory and. becoming a personal
ity imbued with passion, goes to a
Paris studio 10 pose for a degener-
ate artist. The fluctuations of her
personality from body to soul" fur
nish the film with an amazing
story.
During the week the LaSalle will
offer a new photoplay every day.
Among the most notew orthy of the
coming attractions is that for to-
morrow. when Bert Lytell will be
seen in The Prince of Redemption"
a story OF India which is filled with
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26

exciting adventure and unusual
thril!a Just Outside the Door Is
a story revolving around modern In
dustrial unrest in which a. all-star
cast, including Edith Hallor, ap-
pears.
The Fatal Hour" a melodrama;
Red Foam" from the pages OF the
Saturday Evening Post; Burglar
Proof" a farce, and THE Romantic
Adventures" are later bookings.
Zena Keefe, Bryant Washburn and
Dorothy Dalton are the stars repre-
sented.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-12-26

ANOTHER piece OF good acting wac
ON view at the Oliver Thursday
night. Friday night and yesterday
afternoon and last night Miss
Minnie Dupree came out OF retire
n.ent TO play the school secretary
par IN THE Charm School" And
with what line Touch she plays il.
Her acting Is perfection.