davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-11-23
Substantial Gain in Britain's
Industrial Profits Charged to
Cut In Excess Earnings Duty

Of Economist contains
elusive mining insurance railways and banks The figures
regular quarterly compilation by the economist
financial statement Of such companies as have issued
profits during the period but rather profits
which have been disclosed during that time In general the
parison the figures disclosed with those shown
o considerable interest.
Summarizing the reports which have been published the first
1890 the profits OF
Compared with the earnings of
this an increase OF saa66e
The capitalization Of the companies was E6oa44aaoo
profits therefore OF 1920 the capital
after the of exceses proht duty and other
Taking comparison similar made in the Economist
found that the net profits OF Ias companies amounted
invested The this
therefore, significantly larger than those year ago
considerable connection with
England decreased from So9
There but that this
for the prohs shown this
with contemplated dsontnuance of the
profit in this country
Figures the distribution earnings of these companies
during the months of show that total OF
of the total profits, paid preferred dividends $685.
of the profits paid ordinary dividends while total Of
this amounting $50 of the total capitalization
shows that considerable of caution has been
carried the preceding amounted to only 3o
the total profits approximately 40 of the total capitalization
preferred year 1875 of the
paid preferred dividends while in the only
II796 distributed.
The detailed report for the quarter year ending September 40
shows that far the largest profits occurred the
companies where showed of 2
their net profits compared with Oil showed
of 64 compared with and textile companies
of The for the
porting in the last quarter 4IoT
The following table shows o the principal
the for the first months of this and last
ENGLISH INDUSTRIAL PROFITS.
The Washington herald., 1920-11-23

Copyright. 1920, by The Washington Herald.)
The Washington herald., 1920-11-23
SHARP COTTON
RALLIES HOLD
Marked Advances Effected After
Crop Reaches Seasons Lowest
In Early Trading.

NEW YORK, Nov. 22.-Good rallies
were effected in cotton today after
December, July and October had
been forced into new low ground
FOR the season following strength in
the early trading.
The market was irregular at the
onening, unchanged to 22 points
lower on near months and s to
noints higher on later positions. Al
ter the start there was a good deal
~ local covering, which absorbed
the offerings. The covering advanced
January to 1925 after the call. or 40
noints over Saturdays close.
Renewed liquidation of December
checked the advance and the mraket
became very weak in the morning.
This break carried December to
1555. or 10 points net lower. while
July fell to 1915 and October to
1890. The decline on the more ac-
tive winter and spring months car
ried the list about a. to SO poii
net lower, but was checked at 15.'
for January.
Active covering by shorts. both
local and Wall Street, coupled with
what was apparently new specula-
tive buying, sent prices back to the
low level of the session in the last
hour. The trade bought, while the
South sold on the advances. Closing
prices were very steady at a net
gain of 5 to 31 points.
SPOT here was quiet with mid
dlings Is points lower at lilo; there
The Washington herald., 1920-11-23
WHEAT PRICES
DROPSHARPLY
Lack Of Buying Power >causes
Bstton to Drop Out Of
Market.

CHICAGO, Nov. 22.-Lack of buy
ing power was again indicated in
the wheat market. which broke
violently here today. The week
started with new low level es-,
December declining 13
cents from the top of the day and
closing Sh cents lower. Liquida-
tion was general in the nearby de-
livery, while the support was err
ratio. March showed a net decline
of az to 4 cents.
The drastic slump in wheat car
ried other grains down rapidly aft
er a sharp rally early. but corn re-
covered easily and closed u to
1h cents higher. Oats showed a
decline of \ to IN cents. 49,
Commission houses were more ac-
tive buyers Of corn, while in oats
there was considerable liquidation
and changing over from December
to- May by hedging interests.
Rye was IN to 8 cents lower, and
barley was of 2 to 4 cents, the De-
cember declining the most.
In wheat, the opening range was
a little higher but pressure became
apparently almost Immediately, es-
pecially in the December. Scattered
buying demand was soon filled and
from then until just before the close
rallies were feeble, the market
showing but little resistance Ex-
port interests were fair buyers and
there was. considerable business a,
the Gulf rs well as in Manitoba
wheat.
Mills were little more active
on the buying side and there was
some signs of betterment in the
-four trade. although buyers of -four
are still waiting for a definite turn
in the wheat market.
Provisions met with general sell
ing Decentralization Of the live stock
market here, with hogs 75 to 81
cents down being the main factor.
The Washington herald., 1920-11-23

were no sales. Spot at New Orleans
was quiet with middling 25 points
lower at lee; the sales were 1,4l3
bales.
Receipts Of cotton in bales at some
of the leading points today were:
Galveston, 1853; New Orleans,
s,57s; Mobile, 1,22s; Savannah, $500;
Charleston. 265; Norfolk. 2,SS7; Au-
gusta, 2,s0s; st. Louis, 2,204.
The Washington herald., 1920-11-23
MONEY.

NEW YORK, Nov. 22.-Call money
was finally offered at s per cent,
and moderate amounts of time funds
-ere available at s per cent.
In prime bank acceptances a large
supply of bills was in evidence, but
the easier call rate failed to reflect
any change in rates for acceptances.
Although here and there trans
actions in prime mercantile paper
were reported at IA per cent, the
moving rate for paper throughout
the country is not better than per
cent minimum
The Washington herald., 1920-11-23
LOCAL SECURITIES.
SALES.

SALES.
American Security and Trust. ct 22e.
Continental Trust. 10 at no. 10 at 10.
Mtreenthaler, 4 ct 121lt.
After Cali
washington Gas IS. 1000 at 20, 1000 at
70, 500 at 70. 500 at 70.
Washington Railway gen. g.. 1000 ut
'ok, 1000 at S9k, 1000 at sos, 1000 at
'o%.
Capital Traction, 4 at ssh.
The Washington herald., 1920-11-23
WALL STREET GOSSIP.

For the first time in almost a year
call money was quoted TO-DAY at
per cent. Easing of the credit stu
alton, first indicated in the federal
Reserve Bank statement OF two
weeks ago, has progressed sum-
ciently to warrant the statement
that a period of relative ease Is at
hand. Funds were in ample supply
all day. The opening and renewal
rate of per cent was lowered TO .
per cent before noon and at
o'clock the 5 per cent rate was
The Washington herald., 1920-11-23
Cities Service
Company
G II Nebent' res
@n-ies c, Seven Per Cent.

HricS =, SeVcH Eci SSh-
Holders Of the above Dehentures may con
vert on December l. 1890. or on the nrst DAY
Of any month thereafter, ten per centum
(10eel Of the aggregate principal amount oil
Series C. Debentures owned oy them re-
spectively on November I, 1920. Conversion
must be requested by such owners prior TO
December 1. 1920. or prior TO the nrst DAY
Of any month thereafter. and upon denver!
by them on or before December /, l92O, or
on or before the first day Of any month
thereafter. Of the Debentures so desired 70
be converted (properly endorsed III regis
tered) to Henry l.. Doherty & COMPANY fls-
cal Agents, such Debentures will be con
verified into Cities Service Company Pre-
ferred and Common stocks on the basis SET
forth In said Debentures. certihcates tor
which stocks will be issued and transmitted
TO such owners in the amounts respectively
due.
- ----- Cer1~a-y
Fiscal Agents Cities Service Company.
G0.wan Street, New York.
:. not~A Noxsnher II 1890
The Washington herald., 1920-11-23
THE DOLLAR IN FOREIGN EXCHANGE.
Security and Trust Company,
Ysst's Close

strong demand from special interests
after causing losses up to more than
a point. General Asphalt was most
active and rose more than 4 points
after early irregularity. Carib Syn
dicate and International Petroleum
ended the session with gains of a
point. while !. Midw st Refining
showed a gain OF points.
The Washington herald., 1920-11-23
N. Y. CURB MARKET.

NEW YORK. Nov. 22.-The curb
market session was featured by sub
stantial advances in the more active
shares Today, Following small gains
In the first hour of trading, traders
sold stock freely, but encountered
The Washington herald., 1920-11-23

Columbia Graphophon Manufac-
turing Company, for the nine
months ended september 30. 1920.
reports a net income. after deduct
ing charges and Federal taxes, of
s3.612.474, equal. after preferred
dividends. to S2.54 a share earned
on the R.209.SS3 outstanding shares
OF common stock of no par value.
The Washington herald., 1920-11-23
'5O-CENT PIECE
AGENCY HERE
Washington Loan & Trust Co. win
Distribute New "Pisrim Half
Dollars"
LlSTLESS LOCAL SESSION
Stocks Command Regular Period
While Bond List Holds Forth
After Call.

The Washington Loan Trust
Company, Ninth and F streets north
west. was yesterday appointed local
distributing agent for the Pilgrim
Half Dollar" newest issue of United
states currency, by the National
Shawmut Bank of Boston. The New
England Institution was designated
national distributing agent by the
Director of the Mint.
The Pilgrim Half Dollar was in
troduced to commemorate the Ter
centenary of the Landing of the
Pilgrims The coin bears upon one
side a representation of the ship
"Mayflower" under full sail, and on
the other a typical Pilgrim bust en-
titled Governor Bradford"
The price of these memorial coins
is fixed at $1.00 each by the Pilgrim
Tercentenary Commission, which IL
the official body having in charge
the establishment of permanent
memorials at Plymouth, to which
the balance. after deducting the cost
of dies. minting charges, etc, VIII
be devoted.
In 1892 a somewhat similar piece
was coined to commemorate. jointly.
the landing OF Columbus and the
Worlds Fair in Chicago. When 1t
was first placed before the public
all arrangements at Chicago were
not completed which led to a re-
, issue of the Identical coin in 1893,
thereby causing it to lose much of its
historic value, being circulated
freely
There will be no REISSUE Of 10
grim Half Dollars, and all who de-
sire these historic mementoes should
take advantage of the earliest op-
portunity, according to E. r. Thomp-
son of the Washington Loan &
Trust
Traders on the Washington Stock
Exchange endured another rather
listless session yesterday morning.
No trading in bonds was recorded
during the regular session, while
after call they claimed nearly all
the attention.
SIX shares of American Security
and Trust Company stock was trad
ed in in the opening sale, at 226, to
be followed by two blocks of ten
shares each of Continental Trust
Company stock. at 110. Four shares
OF Mergenthaler Linotype were also
disposed of. at 121k.
After call, $4,000. face value.
Washington Gas per cent bonds
changed hands at 76, followed by
$4,000 Washington Railway Electric
General SIS at prices ranging from
S9A to s9S.
A sale of four shares of Capital
Traction stock at s5k concluded
the trading.
The elementary class. American
Institute of Banking. will hold its
weekly meeting tonight at the chap
ter's rooms. Promissory notes and
discounts and collateral and mort
gage loans have been selected as
the topic.
Columbia Graphophon Manufac-
turing Company, for the nine
months ended september 80. 1920.
reports a net income after deduct
ing charges and Federal taxes, of
s3.612.474. equal. after preferred
dividends. to S2.54 a share earned
on the R.2O9. SS3 outstanding shares
The Washington herald., 1920-11-23

quoted officially. There was little
demand for time money. q few loans
for small amounts being negotiated
at per cent
The Washington herald., 1920-11-23

The elementary class. American
Institute of Banking. will hold its
weekly meeting tonight at the chap
ter's rooms. Promissory notes and
discounts and collateral and mort
the topic.
Evening journal., 1920-11-17
EFFICIENCY RESTORED.

CRiTICs OF the Esch-Cummlns Transportation Act Of
u 1920 have boen all Delawaresns know, loud in
their condemnation OF that measure.
Ono New York paper a recent editorial, said that 1t
will cost the American people before 1t is repealed
thousands upon thousands OF millions OF dollars"
Even Mr. Hines, former Federal Director General OF
Railroads prophesied that dollar day would be added
TO the cost OF living OF the family II there
100000 families the United States tn at would
added tax Of s7,3OO0oo0oO each year.
The law has been in force about eight months and the
country beginning TO feel the effects OF operating the
railroads once more by their private owners
What has been the resuk2
Not only have the dire forebodngs OF the enemies OF
The legislation fallen Nat, but instead OF big increase
in the cost OF living there has been marked decrease
which is destined TO continue for some time to come.
The total cost to the government OF the entire period
OF Federal control about si,500OO0OO0 every dollar
Of which was taken from tax money in the Treasury
which the people had contributed
The increase in freight rates authorized by the Trans
poraion Act aggregated about the same amount but is
paid by the user OF transportation and not used as the
pessimistc prophets predicted 10 would be- as pretexi
ny the producer The manufacturer the iobber the
retailer to Increase the price charged by each
The ability Of the railroads under the legislation
better to meet the law OF supply and demand for com
modities and the free operation OF that law itself
brought down prices and will hold them down. The
additional freight charge is more than compensated by
the value OF service furnished
II is impossible for Delawareans to estimate even ap
proxmatsy the excess prices which The people paid fo
articles because Of the shortage OF supply due to the in
ability OF The railroads TO- sufficient products from
The producer TO satisfy the demand OF Inc consumer
Could that additional cost be computed there is nc
doubt that 1t would amount to much more than the bill
lion and half ghtsincrease So that even II all Of
that increase were 10 be passed on 10 the ultimate con
sumer which 1t is not It would total far less IN an IN,
addition to prices heretofore made possible by made
quacy OF transportation.
Evening journal., 1920-11-17
A TIMELY RnnKLET.

T a time wh en- better understanding between en-
N ployer and employe Is OF vital importance, Swift &
Company Of Chicago has placed in booklet form It's ef
forts toward the Improvement of industrial relations.
The booklet describes the various ways in which the
company constantly endeavors TO advance and to
ize 'he point Of contact with It's many thousands OF
workers.
Amons the subjects treated In this pamphlet once
and plant accommodations. employees shareholders
pension pan employees benefit association sickness al
lowance and medical attention employees clubs employees
vacation camp and educational opportunities for boys
adults
We believe that this pamphlet win be OF value q
on those who interested directly in presen-day indus
trial problems To such students the booklet swift &
Company and lts Employees" Will be presented upon ap
pncauon.
may ind usefui place reference libraries as RECORD
Of what one large American corporation is don-sncere
! ly and painsiakngy-n the inieres. o. rs employs
Evening journal., 1920-11-17
MATERNITY AND INFANCY PROTECTION

InELAWAREANS should find both interest and food for
~ thought in the fact that for the protection OF ma
ernty and infancy last year The British Ministry OF
Health made grants totaing over two and onehalf mil
lion dollars according to information received by the
hndrens Bureau OF the United States Department OF
Labor.
SA years ago the necessity recdnized OF providing
medical and nursing for mothers and babies in order
to reduce The high death rates The first year small an
preparation was granted but the results obtained were So
encouraging that the appropriations have been greatly in
creased each year.
The funds administered by the Ministry OF Health in
cooperation with local authorities The local authorities
appropriate sum equal to the granted by the
government The service available includes instruction
in the hygiene OF maternity and infancy midwifery and
maternity nursing and hospital and maternity home care
In commenting upon the results Of the work done in
England for the public protection Of maternity and in
fancy DR. Christopher addison Minister OF Health says:
The development Of the services throughout the
country nursing midwifery and other facilities and bhe
combination OF IA whole big effort has been able 10
duce the infant mortality rate in 20 years from ISL To Is
II had had that figure OF Is during the 10 years
would have the saving OF 10000 lives in that
period"
What has been done in EDzland be done in large
measure in Delaware proper system be devised and II
that system be buttressed by adequate funds
Evening journal., 1920-11-17

Tennyson was the practical politician when he said
HALF league onward"
Evening journal., 1920-11-17

"Thousands OF people suffer more or less
constantly from furred. coated tongue,
bad breath sour, burning stomach,
frequent vomiting, rumbllng in stomach,
bitter eructations, gas, wind and stom-
ach acidity and call II indigestion when
In reality their trouble is due to gastric
catarrh Of the stomach" writes a New
York physician.
Catarrh OF the stomach Is dangerous
because the mucous membrane lining Of
the stomach Is thickened and a coating
of phlegm covers the surface so that the
digestive fuids' cannot mix with the food
and digest them. This condition soon
breeds deadly disease In the fermentcd.
unassimilated food. The blood is pol
iuted aud carries the infection through
out the body Gastric ulcers are apt TO
form and frequently an ulcer Is the first
sign Of a deadly cancer.
In catarrh Of the stomach a good and
safe treatment is to take before meals
tcaspOOnful Of pure Bisuratcd Magnesia
I'm half a glass Of hot water as hot as
you can comfortably drink H. The hot
water washes the mucous from the stom-
ach walls and draws tho blood TO the
stomach while the hlsurated magnesia
Is an excellent solvent for mucus and in
creases the efficiency Of the hot water
treatment Moreover the Bisurated Mag
ncsia will serve as a powerful but harm
less antacid which will neutralize any
excess hydrochloric acid that may be in
your stomach and sweeien its food con-
tents. Easy, natural digestion without
distress OF any kind should soon follow.
Bisurated Magnesia Is not a laxative, Is
harmless, pleasant and easy 10 take and
can he obtained from any local druggist.
Don't confuse Bisurated Magnesia with
other forms Of magnesia. milks. citrates.
etc. but get it IN the pure hisurated form
| powder or tahlets), especially prepared
for this purpose.
Evening journal., 1920-11-17
THE HONORED DEAD.

ENGLAND following me lead OF France. paid fine
II tribute. the other DAY. 10 her heroic dead 10 the
soldier 10 the ranks who gave his life upon the ned OF
battle In France to The mortal remains or one OF h
many who unknown unmarked fought so nobly and
coursgfousy In humanitys war
England brought back the body OF one OF these-thus
honorng them all-from is unnamed grave where once
they carried through he darkness OF defeat TO the
brightness Of anal victory.
En,isnd gave 10 this unknown, unnamed soldier OF he
ranks al The honor all The fame. all the glory given
field marshal fanen in battle.
England could not have done morc for her dead for
England paid TO the lowest in rank what never before
has been accorded TO any but the highest There is NOT
Gold star Mother In an England who cannot think:
This Is my boy so honoredl This Is my loved one
the nation has placed upon the plane with the highestr
For the name Of the honored soldier will never bs
known body forever will symbolic an the slain The
tribute paid to The paid 10 ALTO each in the
! same full measure
Evening journal., 1920-11-17

upon Japan, Britain would be boundl
to join Japan. This" says the
weekly, is very unpleasant, indeed,
an impossible, engagement"
The seml-Socialistic New Statesman
has a slashing article on Japan's pol
Icy in Korea. II says that the policy
and conduct OF The Japs on the Asiatic
mainland are sowing the seed OF dis
aster not merely for China. but ulti-
mately for Japan herself and for the
whole civilized world.
II England's alliance with Japan is
10 last. 1t can only be on terms that
will satisfy a genuine liberal opinion
in England.
The British must be satisfied that
they are compoundng no felonies
against popular liberties in the Far
East and that England is helping
guarantee peace and war.
The righting OF wrongs done to
China and the S lf-determination OF
Korea are considered matters for the
League Of Nations.
Evening journal., 1920-11-17

Apparently Iris Speaker was me master minar OF
the reoent scnes-
Evening journal., 1920-11-17
NOW A
n Y. MESSENGER ROY

NEW YORK-New York business
men who have occas on TO use a mes
senger boy have be asking a GER
tain dark-hared and dark-eyd young
man Of distinctive appearance what
his name is. And thfy have found
out he 5 Adolph Tadros Shukrulla,
Egyptian, who refused TO so to coll
lcge in Egypt because OF British rule,
and is IRE working his way as mes
senger boy. Shukrulla, by the way
means "ThalN ng God. J."
Evening journal., 1920-11-17

Thousands Of Deawsresns sympathize deeply with
Postmaster James English. who suffered he loss Of his
wife and child on Monday. That sympathy Is All the
more acute because the double bereavement which has
hefafen te postmaster wholly unexpected both BY
him and his many friends this city and the rural sec
tons OF our state Mrs English VINO was a native OF
franoe possessed nne personality which found rs
mos charming expression in her home and among h er
closest friends
Evening journal., 1920-11-17

Pr0ntsers who came 70 srasD remain % gasp.
Evening journal., 1920-11-17
FIREMEN ANn rmrplrcs

E'uRIHER criticism Of The condition OF the nreplurS in
pity has been made by William J Lutz. CHEF o.
the Fire department
He asserts ai at he last hree Ares he arnen ,er
Handicapped by nnding nrepuls out Of order
sunly such condition should not be permitted 70
'continue
n broad his Is the season OF fires Everyhino
needed to cope with them should be placed al the d.
posaf Of the nremen.
with nrepugs outof order both life and property an
mnaced Every plus in city should be tested and pu
n perfect condition.
Evening journal., 1920-11-17
CARRIES CAT IN PFCLFG

PARIS-Henrl Provost i6, and his
mate, Andre Cuelmann, the same age.
provost drew a revolver from its It's
hiding place in his wooden leg and
shot the gendarme dead. He's been
re-arrested.
Evening journal., 1920-11-17
HIS MOTTO IS CAREFUL SERVING

LONDON = Reginald Allen had 10
pay $40 in court here for the theft
OF fowl. Aliens automobile ran
down a rooster. Allen picked up the
body and took il home. That night
he had the nelghbors in 10 a rooster
dinner. The cops heard about 1t.
Evening journal., 1920-11-17
Catarrh
of the Stomach
Is Dangerous

thousands Have II and Don't
Know IT," Says Physician. FIRE.
quently Mistaken for lndiges-
tion-How To Recognize and
Treat.
Evening journal., 1920-11-17

Samuel Rzeszsvsd, nine years old Is a chess wizard
Better than that he spell his own name.