davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-11-04
Rail Shares Gain
I'm Broad Market:
sndustrials Dull
Southern Pacific Leader
in Upward Movement:
Election Result Is of
Secondary Influence

j. Things OF the moment and develop
mcnts belonging to all time often
r'cet as peers at .hc market place.
f'aders IN stocks yesterday based
their operation more on the plan of Tie
Southern Pacific directors to cut "a
melon than on the unprecedented
landslide of the Republican party in
the national election. Under the lead
'rahip Of Southern Pacific. railroad
securities, which were eagerly bought.
rose buoyaHtly and stood in marked
contrast TO industrial a.ocks, which
gave TO evidence OF speculative IN
thuSiasm.
To the outsider this curious action
o. the market will be surprising. vet
IN the face of continuation of tight
money % per cent for call loans) and
,Irthcr cNnrcasions Of the degree to
which industry mas reccded. profess
S.o0al traders we're dsincined to bid
up securities to MAKE vocal their cla-
ten over the political development.
since the general public showed no
tcndrncN to BUY stocks on the re-
suit Pho theory that the victory OF
senator Harding was a -foregone con-
eiuslon, which had been discounted
weeks ago. partially explains ycster-
days fluctuations, yet it does not
lecognl2e that the actual outcome Of
iEc bailotlng throughout the country
l;'NotVtd more overwhelming triumph
't"h mad been generally conceded. THIS
SLect Undoubtedly sent currents Of
03timism through the financial com.
n'Vnlty, rs was evidenced bv the. com
m'ht or bankers and industrial lead
efS. lhe ease with which rajl1x,ad
SECURITIES loSe-taken in connection
"i'h me resistance to an unNorJ
movement displayed by the industrials
VnQues tionably led many spec,,,ators
l" giVe expression to their delight
N''h me election outcome throa!el the
lI'cii"He al railroad stocks. Tradinr
N"s on a br"ader scale than any dav
iASl week, and OF the aG3 ,OOO t.%nSar-
IONS recorded, 200 900 were in rails
NUeh OF the selling originute1 f,nm
"tF"pp"!nted traders who hud n,,r.
,""Neu stocks tor Il short turn over
~, '''on bay. The Weakness Of the
I'""s TRIALS IN the morning WAS racili-
."''u bY persistent short selIiuv mar
l''ularIY OF the oil issues tha Stalls
,'"u some OF the leather product stocks
Later III the day there was no,+;.j
E''oNtry, although the closiu' ,y,e
irregular. was
Southern Pacific gained II noi,,s tox
VIC @ o"y, ana retained ga points. Read
'ne' 'i"ntIc Coast Line and other
!" h""'H fal's led IN the upward movr-
"tn' OF the rails. Although the low
,,i '.,eI ISSUES We're not 50 much ar-
''V"' 'hey' TOO were firm. The for
>" exchanges moved lower.
New-York tribune., 1920-11-04
Cnhan Loan Discussions

Bankers here sre carrying on lnfor-
nal discussions With representative %
tho Cuban government and am7t Z
themselves IN connection With the pro-
posed emergency loan, it va stated
yesterday, but so far the negotiations
have net reached stage that
would afford the basis for an cfic.al
statement. i has not get been decided
whether the financial aid to Cuba 5 70
be ir The form af a temporary credit ID
vance by syndicate of American banks
or whether securities are to be sod
to the investment public Most bankers
prefer the security issue arrangement,
t. is pointed out that for the banks to
tie themselves up in a SIX months OF
one year credit arrangement with Cuba
would be unwise at this time, when a.!
efforts are being turned toward reduc-
ing bank loans On the other hand, it *
believed the public would take strongly
to an issue of Cuban government notes
Another fortnight is expected TO see the
formal announcement Of the terms OF
the Cuban loan.
New-York tribune., 1920-11-04
In Wall Street
Rack tn Normally

Completion of arrangements for the
resumption Of arbitraging operations
between the New York and London
markets is another move toward Wall
Street normalcv 1t has been ak long
years since the Street has been able to
swap American stocks between the two
great world ccnters In the pre-@ar
days the average Wall Street man on
coming to business inquired first Of all,
"How's London ," This was his way Of
asking how American securities were
doing on the London Exchange. But tho
war swept the whole delicate mechan-
ism Of arbltrage into the discard. Stock
traders who used to be adopts at swing
ing trades hctwcen the two markets
we're wondering yesterday whether tho
cable scrVic" has been restored 20 the
state of efficiency necessary to maHc
arbitraring successful. for 10 buy
stocks IN New York aud soll them in
London and make "A profit on any II f.
'orentlal that may eXlst temporarily
between tho two markets ts.es ours
action al along the llne.
New-York tribune., 1920-11-04
Southern Pacific

Southern Pacific did the expected
yesterday The Street looked for a
tremendous opening in the oil-rail and
it had one. About all the action in the
market at the opening pivoted around
the Soup" post. The election news
was for the moment of minor impor-
tance. Brokers gathered and crowded
about the Southern Pacific post loaded
With buying orders some of the shorts
and whole lot for people who believe
the segregation of the company's oil
properties means huge melon slicing.
which viii make the stock worth a
great deal more than its current selling
price. In a very few minutes after the
gong sounded the opening in the neigh .
borhood OF 10000 shares of Southern
Pacific changed hands The opening
was q spread with $500 shares going
AT 11012 20 1N9i2 and 100 AT III. Odd
lot purchases were charged l1O% on
opening transactions. In the afternoon
Southern Eaciic scared to 1852 and it
closed AT I'l4i2, up 9h The supply of
tho stock was evidently scant. Most
owners Of Southern Pacific interpreted
tho statement made late Monday by
the company as q tip not to sell at
present prices.
New-York tribune., 1920-11-04
New Certificate Issue Soon

AS result of recent heavy with
drawals, United States government de
posits in banks in this Federal Re
serve district have been reduced to ap-
proximately S1s,0O0,000, it was learned
yesterday. Withdrawals yesterday
amounted to s8,253, 900, and to-day an
other $6.1S7 600 Will be pulled out of
the banks on this account. Three
weeks ago government deposits in the
New York City banks alone amour ted
10 more than S1l0000,O00 The great
reduction in these deposits is believed
to foreshadow an early Offering Of new
certificates of indebtedness by the
Treasury. Around the investment
houses yesterday bankers were dis
cussing report that the new issue of
certificates, due about November -,
would bear an interest rate of sig per
cent, against 5a4 per cent on a similar
issue put out several weeks ago.
New-York tribune., 1920-11-04
New York Metal Market

On the New York Metal Exchange tn
was weak, with Class A quoted at $40 90
to $4l.60; Class b, $39 90 to Sa9, 80, and
Straits shipments, s39. 50mS4l75. Con-
per steady; spot. Sl5.25; November.
slA5Ot1 1875; December, $l4.62lx IA
slo.2o, and January. Sl4.75 Lead weak:
New York spot, $6.75. snd East st.
Louis. s662'x. Zinc quiet, New York
spot, 81, and East st. Louis. s6.95.
London metal prices follow: Tin
Standard spot f262. and futures, 1854
los, with sales of 100 tons spot and 1870
tons futures. Copper Standard spot
s9l los. and futures, gel, with sales of
900 tons spot and SIS tons futures, end
electrolytic spot, fo7, snd futures, goa
Lead-Spot f35 l5s, and futures fS4 12s
Sd: Snclter-Spot EST 15s. and futures,
kae 81
New-York tribune., 1920-11-04
Money and Credit

@ Na.l money rates held yesterday at
. per cen'' 1t was thought in so,ns
9u"tters mat the rate would be lowered
ny ,he , END of the day, but such wss
',e' nt ~ .ne eooSe case. Eoyernment withdrawals
banks to-day. N'' VIC
New-York tribune., 1920-11-04

Year
On m;xaa .on., Yesterday aro.
,,. Wn industrial collateral. 9 10
''ns money 'miNcd coAiateraN:
S2lN'y days .-......SMSH 524MG
,me'y Ey Gays .....SaSl2 5a4 0l6
r"u' 'hohths .SOSl2 5&.M6
f'ur to six months sGl8l2 5&11S
Bank Clearings--lSank clear;nrs
=, ,Ne| W., ork yesterday were: Exchanres
Fi'l'''o's'S3o; balances, slo6, sci.
oslcsi oSslllvesri-London. 53a4d; New York
aaones'lc bar, 9%l2c; foreign. s2Mc.
MeAican dollars, 62]ac. O. 49,
oub-ireasnry-united State, fund
reserve credit balance. s9e,s25, ,2o8. ''N
in 'ansa'an m"n Ezchange-New York funds
a., .n oon M Mnontreal, S102.81 premium nnr
81 81 900; Montreal funds in XIV yd"l, pr
S9d'22 discount per $1,000. N' ~
New-York tribune., 1920-11-04
American Bosch Magnetic

september shipments of the Ameri-
can Bosch Magnetic Company. il was
learned yesterday, although consider
ably less than the high figure of last
summer were in excess of 10000 mag
netos, compared with a monthly av-
ersge of 1926 magnetos in 1919. In
order to conform to the temporary CON
dltlon of lower output, overhead is
peIng rapidly reduced. and was cut by
more than II per cent during the
month. The company had unified or
ders on hand of s6,757 POO at the end of
September, compared with S5.442,3s1 on
January ]. Interests close to the com
pany estimate earnings after tax de-
auctions will be in excess of s15 a
share for 1920.
New-York tribune., 1920-11-04

*Ex dividend.
New-York tribune., 1920-11-04
Standard of Indiana

Further capital readjustment Of the
Standard Oh Company Of Indiana.
which declared last month stock div
idend Of 80 per cent. is expected IN
the near future. According TO plans
under consideration by the manage
ment the present 500 par value stock K
is 10 be split into shares Of S25 par
value each. This would mean the is
suance Of four shares Of the S25 par
stock for each share outstanding. As
a result Of the proposed change the
stockholder who held one share Of
stock before the 50 per cont stock div
dend would as a result Of the splitting
ur of the now find himself holding ten
shares of S25 par value stock.
New-York tribune., 1920-11-04
Alberta Bonds Offered

The National City Company is offer
ing an issue of s1,ooo.o00 ten-vear 6
per cent bonds of the Canadian Prov
lrce OF Alberta. The bonds are being
offered at price to weld annrorj,
mstely per cent and a good demand
Tor the issue was reported Yesterday
lnvestm tment bankers say tho rarket
stlll has strong undertone desnite
the multiplicity of offerings in the
recent past. The market has been
feeding heavily on new issues, OBJ
served leading banker yesterday but
II stiii appears to be underfed." MANY
addlhonal new issues are looked for
between now and the end of the year,
although there may be temporary
iull during the next few days while the
nnancial center IS trying to gauge the
meaning Of the Republican landsIde
New-York tribune., 1920-11-04
Germans Buy Copper Hero

Leading interests in the America n
copper trade refused yesterday to con-
frm or deny report that approxi-
mately 10o,0oo,o00 pounds Of the metal
had been sold TO German consumers.
Payment for the copper had been
negotiated, il was stated, through a
credit arrangement running for 12o
days The price paid by the Germans
vas not stated III the report. although
it was said to be in excess of IA cents a
pound. The prevailing quotation in
this market is around Is cents.
New-York tribune., 1920-11-04
Paris Market Steady

FAkIS, NoVember g. Prices were
steady on the Bourse to-day. Three
per cent rentes, 80 francs 80 centimcs
fN'h@nge on London, ~ francs s cen
tunes Five per cent loan, S5 francs 20
eentimes. The dollar was quoted at *
francs 96l2 ctntimcs.
New-York tribune., 1920-11-04
lhe Dollar in Foreign Exch,,noa

Mo9t oI the leading foreign EXCHANGES
S'', Mers unaer pressure Yesterday. Ster-
lag larss a"d ~ franss both yielded on slightly
,aiger h'll offerings. Italian exchangs
steady. were
Quoted in dcll,rs
New-York tribune., 1920-11-04
Conditions in France

French investors are rapidly absorb
ing the new French government nor
cent loan now being offered lean
Nelay, Paris representative of the
Irving National Bank. cabled to New
York yesterday. General trade" he
SAID. has been affected by the decrease
IN value of the frame in foreign mar
kets and the consequent advances in
the cost of imports. Basil Zabarof
Eas formed an Anglo-French group to
develop the Anglo Persian Oil Com
pany's business IN France in competi-
ton with the AM erlcan-French com
pany formed by the Standard Oil and
the Banque de Paris ct des Pays Bas.
New-York tribune., 1920-11-04
London Money Market

LONDON, November g. Bar silver.
559s q per ounce; bar gold, 1l9s 3D.
Money, ~ per cent. Discount rates ::
Snort bills 6as per cent; three month =
bills, 6ss per cent. Gold premium at
Lisbon, Sl4U.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Eayrs Stars i'm Triumph
Of Braves Over Dodgers
Youngster Makes Three
Great Catches and Hits
Home Run i'm the Ninth
By r. I. Kelly

The Dodgers lost their second game
in as many days when they bowed to
the Boston Braves at Ebbett's Field
yesterday afternoon. The score was
6 to 8. The outstanding feature Of the
contest was the sensational all-around
playing Of Eddie Eayrs, who patrolled
left field for the visitors.
The youngster made three spectac-
ular catches at various stages of the
fray and slammed out home run in
the ninth inning with two men on the
bases. This blow decided the issue in
favor of Stal(ings's aggregation.
Big jeff PfetTer, Uncle Robbie's
twirling ace, engaged in a duel with
Fillingim for eight innings, but in the
ninth the former lost his effectiveness
and the Braves combed him for five
hits, which Melted them four runs.
The Dodgers also got TO Fil!ingim in
the Anal inning and punched three
safeties for two runs.
Ed Konetchy, the Flatbush clans big
first baseman, was unable to play be-
cause OF cracked rib, which he sus-
tanned III his collision with Bancroft
on Thursday. 1t was the first game
that Honey has missed in two years.
Clarence Mitchell was given the first
base assignment and he covered the
bag like veteran. Doug Baird was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
The Levinsky Test

When Battling Levnky oing
melancholy spell that
He knew that Dempsey would WALTON
that got home and that he had chance
his dome with punch.
knowing he doomed Levnskys
proceedings not particularly vivid us
long possible.
Dempsy best defense Lvnsky my know
that If over-that 7
and missed the finish
"And when did enough don't
even remember seeing the punch start"
Against Carpenter
Carpenter won't bring dread into the Bauler
SOUL Levny heavy the nchman against he
giving away twenty pounds
Carpenter hit but he same amount
Of high explosive in his right
So Levny better showing agains+ car
pentier than he made against Dempsey
The weight situation will
certainty of a quick
The Baler should under these conditions
and at the end of the will least have
class
n
G. Alexander of Philadelphia Chicago had three great sea-
sons in succession through 1915, '16 and
In those three years he close games thirty
each year.
IN 1918 the took him Chicago started the
1919 season pitching condition
But 1920 yarn. is on his wav 70 anotber
string OF thirty showing other pitcher
baseball HIS tenth year may easily be his best.
One Difference
Pat Moran has fully ball as he had at anv
time last year
this dferene
has three husky conders in Pittsburgh Chicago very
stronger than they a
He still the
no place along the highway to pause for breath.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
lzplggmen Move
Into Sd Place
In League Race
Pass to Babe Ruth Upsets
Red Sox for the Sec
ond Day in Succession

BOSTON, May 2S-For the second
time straight the Yankees beat the Red
Sox here to-day, tumbling them into
into third position, ahead Of the Chi
cago White Sox, which team was defeat
ed by Cleveland.
The second series with Boston will
the first double header of the season.
in which New York has taken part. The
New Workers, having won the first two
games, are assured of as good as an
even split already, and as they disposed
of Allen Russell, a real hoodoo, this
afternoon, they have visions tonight of
making q clean sweep.
Though he ran out of home runs for
the nonce, Big Babe Ruth had some
thing to say in to-day's victory. He pot
himself single, anyhow, and he had
only one other opportunity for the
honor, as Russell twice passed the big
fellow purposely.
indeed, 1t was a pass to Ruth that
ultimately led to Russel's defeat. With
two out and men on second and third
Russell filled the bases by walking the
babe. He was then unable to get the
I Ddtl ONSI " TdIC, VINO walked. fOrClDO
home the winning run.
Ernie Shore, who made his second
start Of the season, pitched fine ball
for tive innings. He was Just a bit
short for the full route, due no doubt
to. the fact that he needs more work,
his performance was verv reassurinc
and 1t ID almost a certainty that he will
be the Shore Of 1912 with a little bot
weather.
Ernie was lifted in the eighth inn
ing after Menosky had doubled and
scored on Mclnnis's single. This tally
put the Red Sox within a run Of the
6 da Jack Quinn, who relieved
SHORE. held the Back Bay boys at bay.
Ruth scored the first run in the sec.
ono inning. He walked and raced to
third on Pratt's single. Bodie
scratched an infeld hit, scoring Babe,
Lewis missed a "suueeze" bun+ and
Pratt was trapped off third. Lewis
then famed and Bodie was doubled
stealing. In the fifth Bodie singled
and stole and. scored on Hannah
single. Singles by Pipp and Ruth and
traits SACRIFICE fly gave the Yankees
their third tally in the sixth.
Boston finally got to Shore for two
in the sixth. Hooper and McNally
singled and Menosky sacrificed. Hen
dirk hit in the two runs. In the
eighth, with one out, Peck singled and
Meusel doubled. Peck was run down
when Pipp grounded to McNally. It
was here that Russell passed Ruth.
He went too far by passing Pratt,
which forced home the winning run.
In Boston's half Menosky doubled
and scored on McInnis's single, after
Hendrix famed. Quinn then replaced
Shore. Meusel threw out Foster and
Pratt threw out Scott.
The score:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Heavy Penalties Placed
On Contract Jumpers

CHICAGO, May 2S.-Baseball players
who violate their contracts to accept
attractive offers from clubs in indus
trial leagues will be expelled from
organized baseball, and those who vio-
late their reserve clause Will be sus-
pended for three years, if the recon-
mendations of President johnson Of
the American League are adopted
President Johnson to-day is en- route
to Philadelphia for a conference with
President Heydler Of the National
League relative to plan of action
against the industrial leagues, which
threaten to disrupt several clubs in the
major and minor leagues by inducing
players to violate their agreements.
President Johnon proposes to appeal
for injunctions restraining clubs IN
these industrial leagues from interior
ing with any club in the major or minor
leagues.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Madison Stars to Meet
Tesreau Bears Tomorrow

The Madison Stars, Of Philadelphia.
managed by Dan McClelland, famous
make their local debut in a double
header with jeff Tesreau's Bears on
Sunday afternoon at Dyckman oval
ton. SID
The Quaker team has an enviable
record to date, but if the playing Of
me Bears is to be taken as a criterion
the Stars are certain to meet an oh.
st?clo on Sunday. Hanstein, who is
oe1ng watched by major league scouts
WI Rltch the first game for the Bears
ana 1esreau will hurl the second.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29

also on the sick list and Johnston was
sent to third Bernie Neis, the young
recruit, replaced the latter in right
field
After each team had scored a run in
the fourth, the visitors took the lead
in the sixth. With one out Boeckel
singled past Olson, who played the
ball poorly. The Braves third base
man then stole second as Olsen dropped
Elliotts peg. Maranvlle flied out to
right field. but O'Neill came through
with double to left, scoring Boeckel
The peppery backstop was thrown out
at third IN trying to stretch the hit.
Eayrs' spectacular catch of kilduff's
Texas Lacquer after g long run pre-
vented the Brooklynites from tieing
the score after Mitchell had reached
third with none out
Both teams were unable to tally until
the ninth, when the Braves showed four
runs across and the Dodgers chalked
up two. MaranNlle led off for the
Beaneaters with a double to left and
ONeill sacrificed, Mitchell to Kiduff
who covered first Filingim then
singled. scoring the Rabbit and Chris
tenbury also hit safely. Pick died out
TO Myers, but Eayrs followed with
tremendous Smash to the center field
c>'U gaze, SehQlAg nome fllllnglm and
Chrlstenbury ahead OF him.
Inc Dodgers got to Fillingim in their
half of the ninth and threatened mo-
mentarlly to pull the game out Of the
fire. Wheat started the rally with a
single to right field. Eayrs then made
another hair raising catch of Myers
long fly. After Mitchell had singled,
Kilduff smashed a two base hit to left,
scoring Wheat and Mitchell. Fillingim
then tisntened up and the next two
bsttega we're retired In order.
svssfrg-,s-ySN s~s
ksAlOss VI. rAilaIttnktA Jn.GnA y ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Alexander, Pitching Ace,
Equals Former Record

Grover Alexander won his 2O8th Ma
tional League victory yesterday 1t was
his tenth consecutive victory. This
equals his former consecutive record.
Alex started in 1913 with an eleven
inning to 0 tie against the Giants.
After that he won ten games, beating
the Giants, Robins, Reds, Pirates and
Cardinals each twice, when the Cubs
broke his streak By driving him from
the box on June 15 To date Alex has
beaten the Reds, Pirates and Cardinals
each twice and has taken one game each
from the Giants, Robins, Braves and
Phillies.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Mcneil New Shoot Leader

The Columbia rifle team, at meet
ing yesterday. elected F. &. Mcneil
captain for the coming year. He has
been shooting on the team for three
yeara- AT the same meeting it was de-
cidsd that unless the rules are re-
'viasd. no Columbia team will BIS sn.
tered in the lnteseoileg ate ride cham.
pionships next season.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
AMERICAN LEAGUE
Reds Pull Pirates
From First Place,
Winning by O.

CINCINNATI, Ohio, May 28.-Thc
Reds hit Cooper freely in two innings
to-day and pulled Pittsburgh out Of
first place by winning, to /.
Ruether allowed only three hits. Two
third inning and saved the visitors
of these came with q sacrifice fly in the
from a shut-out.
Roush had a perfect day at the bat,
with four clean hits out Of four
times up.
The score:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Cleveland Wallops
White Sox i'm First
Of Series, Ii to 6

CLEVELAND, May 28.-Cleveland
took the opening game of the series
from Chicago here to-day by a score
Of IS to G in a free hitting contest.
Smith, of Cleveland, hit for home run
to center with two on in the first inn
ing.
A catch by iris Speaker and Buck
Weaver's fielding were features. Two
games will be played tomorrow after
noon.
The score:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Seaton in Southern League

LITTLE ROCK, Ark, May "a
Pitcher Tom Seaton, recently released
by the San Francisco Pacific tosss
League club, today was slgred =
Little Rock, of the Southern Assoei-
alton. Seaton formerly pitched IN me
National and Federal leaEues.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Senators Win i'm First
Inning From Athletics

PHILADELPHIA, May 28.-Naylor
was batted from the box in the first
inning to-day, Washington retaining its
lead despite three dangerous local raj
lies and winning the first game of the
series. 6 to 4. Milan's hitting was the
feature. The score:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-29
Cubs Out i'm Front
After Double Win
Over Cardinals
BY Briggs

CHICAGO, May 28.-Chicago went
into first place to-day by winning both
games of a double header from st.
Louis by scores of to and to 9,
respectively, while Pittsburgh lost to
Cincinnati.
Incidentally, the first game gave
Alexander his tenth consecutive vic
tory, while the second was Vaughn's
sixth straight triumph.
The locals won both games by bunch
ing hits. The scores:
FIRST GAME