davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-12-21
Further Sales
Cause Decline
In Stock Mart
Seasonal Conditions Fail
to Check Pressure;
Liquidation of Holdings
Responsible for Drop

The theory that seasonal conditions
might act as constructive force in the
security markets found little support
in yesterdays fluctuations in the deal
ings IN speculative and investment is
sIAs. Neither the tradition of pre-
Christmas rally nor the expectation of
evidences Of an attempt to discount a
reinvestment demand for securities in
January was able to offset the effect of
further unremitting selling.
Ncccssitous sales originating either
from those in quest for cash TO meet
current needs or from those whose
margins in speculative transactions had
become impaired by more than year
of shrinking values again in a large
measure motlvated the course of the
stream of quotations. Moreover. i'm
pulses to sell also continued to come
from those who desired to establish
their losses for taxation purposes be-
fore the end of the year, and the swing
derived momentum too from short sales
by floor brokers.
The daily quota Of news was less i'm
portrait as a market value than the
wei known facts in connection with the
iunda mental readjustment in business
As far as seasonal factors are CON
cerned, the generalization that the mar
Aet fuctuates> without regard to as
Economical conditions seems nearer the
truth than the belief that one can pre-
dict the course of the stock market by
consulting the calendar. The liquida-
ton. which again dragged industrial
stocks to the lowest levels of the year,
carried over into the bond markets,
where even the primest issues were ad-
Versely affected. All the Liberty bonds
and Victory notes outstanding declined
IN current value at the marketplace
At the close the second Az revealed
net losses equal to $14 on "a $1,000
bond. and the fourth ~ S1S.40 on
$1,000 bond. The third AZ : were only
slightly less weak The break in the
Liberties was only another indication
that present declines are being estab-
Nshed without reference to intrinsic
Z merit Of securities, since much of the
selling is enforced for one reason or
another, rather than voluntary.
The average of thirty representative
industrial stocks AS a result of yester-
days selling dropped below that of
Saturday, which had been new low
record for the year. The average
slumped from 1850 to 69.57. Rail
stocks, according to The Tribune aver
/ age receded from 61.15 to SOTO.
The stocks that were hardest hit last
week. such as the sugars, were steadier
yesterday. as new obJectlves we're
sought out. The copper and shipping
shares We're weak. and Republic and
Bethlehem B made new lows in the
steel group, International Paper was
weak and Houston Oil declined further
At the opening prices were fractionally
lower, and at the close near the bottom
for the day.
In the foreign exchange market on
the other hand. the upward movement.
which began last week as result of
transfers of funds in connection with
end of the year settlements, continued
further, and sterling exchange gained
80 cents to the pound
Wheat and corn quotations closed
with slight gains for the day. but cot
ton prices were shade lower.
New-York tribune., 1920-12-21
Money and Credit

Call money loaned at per cent yes
terday. Because of the fact that checks
received in payment Of income taxes
are now beginning to pass through the
banks, banks were not so liberal with
changed.
New-York tribune., 1920-12-21
The Dollar i'm Foreign EXCHANGE

Exchange on London displayed a
strong tone in an irregular market
yesterday. London sight drafts rose
to s3.52ia, compared with close of
$3.49 on Saturday. Francs were slight
~ easier at $50 cents.
Quoted in dollars to the noundO
New-York tribune., 1920-12-21
American Safety Razor

BY the formation of the British
American Safety Razor COMPANY, Ltd
ton plans an intensive development of
foreign markets, according to George
L. Storm, chairman of the board of
directors. I've are taking the world
into partnership by this new enter
prise in Great Britain" said Mr. Storm
yesterday. 1--WE believe it is to our
advantage to manufacture in pounds
and shillngs and sell our products in
pounds and shillings in foreign mar
kets, particularly in English colonies
and Great Britain. We have the ad-
vantage Of the experience and knowl-
edge Of the English in handling ex-
port, credit and shipping matters.'
New-York tribune., 1920-12-21

Bank Clearings - Bank clearings at
New York yesterday were: Exchanges,
S550960,7S9; balances. s103, ,843.
New-York tribune., 1920-12-21

Silver London, 4od; New York, do
mestic, bar, 99lac; foreign, SIC; Mexi-
can dollars, 47tsc.
Canadian Exchange New York funds
in Montreal, $1S7.5O premium per
$1,000; Montreal funds in New York,
$l57.S9 discount per 1000
New-York tribune., 1920-12-21
Sale of Stock ApprOycd

WASHINGTON, Dec. 20. Tho Lchigh
4 Hudson River Railway Company
was authorized to-day BY the Interstate
Commerce Conn mission TO issued and
sell S2,987 600 Of additional capital
stock, the proceeds to be used to re
tire like amount Of bonds outstand-
New-York tribune., 1920-12-21
Stock Plan Raiihcd

Stockholders of the St1ndard OIL
Company OF New Jersey yesterda, ati-
icd the proposal of directors to reduce
the par value of TIC common stock
from 500 to $25 q s-sve aud TO in
crease the total authorized from s100.-
100000 to $1t0.000o0O. in order TO
allow employees TO subscribe to the
new stock. There are approximately
$4,000 workers eligible to participate
in the proht-shg%lng plan.
New-York tribune., 1920-12-21
Paris Market Irregular

PARIS, Dec. 70. Prices were irrcgu-
lar on the Bourse to-day. Three per
cent rcntcs 56 francs 81 ccntimes FIX
change on London, 80 francs ~ cen
times. Five per cent loan, 80 francs
70 ccntimes. The dollar was quoted AT
II francs ~ ccntjmcs.
New-York tribune., 1920-12-21
London Money Market

VNDDN, Dec. 20. Bar oliver, AOd
per ounce Bar gold, ll7s 5d. Money,
~ per cent Discount ratcs- Short
bills, "a per cent; three months bills,
81 per cent. Gold premiums at Lis,
bon, 1900
Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1920-08-26
BENEFITS OF RYE As A WINTER
COVER CROP.

Southern soils are much in need oil
organic matter or humus. An excel
lent opportunity for providing 1t is al
.orded by rye sown in the fall and
turned under in the spring. Not only
will 1t increase the organic contents
Of the soil, but 1t will conserve plant
food and increase the yields of sub
seauent crops. 1t uses nitrogen that
would have leached out and would have
been lost during the fall and winter
It also utilizes the phosphorlc acid and
potash that becomes soluble during the
winter. All these and Their elements
Of plant food 60 into the ground with
the spring blowing and will be releas
I'd for the subsequent crops.
Winter legumes are excellent whert
they can be grown with success, but i
IN much easier to get stand OF ry'
on all kinds OF soils and under vari
Gus climatic conditions. Rye is il
TACT the most dependable crop fol
pOOT bOlb, anu ~ 10 ehS RNSA S~'-'
course. which needs a winter-crol
most.
Mistakes are sometimes made in
failure to pillow under rye at the RICH
time. II the spring Is dry 1t shoul'
be turned under early. no matter wha
Its stage of growth Ia. The danger
Of course. is that rye will pump on
too much soil moisture. rendering th
soil hard and lumpy when plowed an
giving the following crop poor show
II the spring is wet or normal, Q
course. the rye should be allowed t
grow as long as possible. since 1t wi
be adding benefits to the soil.
Rye being such good soil helpe
ought to be given better show tina
Is usually accorded it. The seed DC
should be well prepared and feruElei
should be applied. to both OF vAssh
makes ready response.
Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1920-08-26

Mrs Minnie McDearman, and
neice, Stella McDearman. were
visitors in Cookeville, Thursday.
The pfotracted meeting at the
Christian Church closed Tuesday
night. Bro Leo H. Boles of
Nashville, did the preaching.
Everybody enjoyed and comph-
mented Bro. Boles on his splen-
did sermons, from which, much
good is sure to come.
Lafayette, we are here!'
General Pershing reported in
1917. Will Senator Harding, in
1929, report: Lafayette, we
have quit?
Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1920-08-26
COUNTRYS FOREIGN TRADE REACHES
high FIGURE.

Washington, D. C.-Total i'm
imports of foodstuffs and mer-
chandise reached more than half
a billion dollars during June, it
is announced here by the Depart
ment of Commerce. Total fig
cures show imports for the mon
IN were S552, 875. 0SS and exports
were 1851. 082. GAS. For the IL
months period ended in June.
imports were IS, 238. GIL. 668 and
exports were IS, Ill, 0S9. 1873. The
increased imports more favorably
balance the eountry's foreign
trade account.
Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1920-08-26
IEAT AND OATS
HE OUTLOOK
GONE FACTORS OF succEssHvL
EMAIL GRAIN PRODUCTION
~ SOUTHERN STATES.
O. A. Whittls, Southern Soil
improvement Committee.

Wheat is too closely related to hu.
man hunger ever to suffer Q serious
slump In demand. At this time the
great wheat producing areas of Bu.
rope give no signs of getting imme-
diately back to normal production. So
vi1t Russia, the greatest of all. offers
20 signs of growing wheat beyond-if
even equal to-the needs Of Russia.
Roumania, Austria, Hungary and the
Balkans are so depleted In men and
means, and 80 disturbed with war and
international politics, as to grow not
even enough small grain for their own
hungry and starving millions. Other
leading European countries are i'm
porters and not exporters of grain.
The Americas will, therefore, be the
hope Of Europe's bread. In fact, the
demand will continue to be very urg-
emit.
LA5oR-The labor requirements
per acre Of wheat is less. of course,
than for cultivated crops. Where Ia
boris scarce wheat and oats are, there
tore, to be looked upon with favor.
But the labor problem involved In
producing wheat will not be complete
Iy solved unless the farmer goes in for
large yields per acre. It requires no
more preparation, and seed, to grow
big crop of wheat than small one.
Therefore, the intelligent farmer will
look we'll to his soil treatment SO that
maximum yields may be made at a
minimum cost per bushel. Farm labor
Is too expensive to neglect this precau
aon.
PREPARATioN-Wheat and Oats
DO best on upland soils. The SITTER
armer soils are preferred. But 1t does
act pay to SOW these crops on eroded,
min soiled slopes. II the crop is to
follow cotton, corn or other cultivated
nrop. the soil may be disked. Deep
breaking Ia not necessary. After drill
Ing in Che seed, the soil may be firmed
and smoothed with a roller.
OBSERVATION-DISCLOSURES fertti-
kataen viii pay On wheat and osts.
Fertilapers viii create good root Do
ve,opment and thus protect the plant
against winter-kflling; they will hasten
the growth Of wheat that has been
sown late on account Of the Hessian
ny; Il will increase stooiing or tilfer'
lns, and make piumper grain and fall.
Or heads; and weil.fed plants are also
more resistant to rust and other dis
eases.
An application Of nitrogen In lase
winter or early spring will prove very
helpful In giving the grain crops ns-
orous new start.
ooop sEED-A variety Of wheat
may be good, but the terminating
power Of the seed poor. A farmer
should give more attention to his
whest and oat seed. He should find
out their yielding record. Different
strains of q variety will have different
yielding ability. Get only the best
Il pays.
Good seed includes clean seed. Make
them smut-free by dip into blue
stone. Use only the varieties that have
rust resistance power.
Farmers Of the cotton belt would dc
we'll to 20 into the growing of cereals
On q broader scale. Small grains fl
n with a we'll arranged crop rotation
rhey provide necessities, and thereb!
add to the independence Of the farm
n and to his power TO conserve the re
nrns from his money crops.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
TEMPERATURE
! IN VALLEY IS
/. NEARAFREEzE
Thermometer Registers BIS
in Brownsvills; Goes Lower
at Other Points

While freezing weather was expert
enced in the Lower Rio Grande Val
ley last night, truck growers gener-
ally believed there would be no ma
terial damage, due TO the fact that
rainfall was recorded during Sunday
and last night, total Of .6S of an
inch falling in Brownsville The item
perature in the city, according to the
report of the United States volunteer
weather observer. went down to 32. )
degrees, just points above the freez-
ing mark
Farther .nisui from the coast lower
Temperatures were recorded during
the night. but unGcr The weather con.
dl'lons that existed Sunday and last
night, with clouds and rain. no dam
age was feared. The rains will prove
a benefit in the preparation for corn
and cotton crops, planting of both of
which is now under way in many sec
tions of the Valley
The weather forecast today indi-
Gates that the cold weather will not
continue long, as the wind is predicted
to change to the east and south, which
will bring warmer weather Tuesday,
with unsettled conditions.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
Wilson's Reply TO PyeMieyS of
France and England on Adyiatic

municated I" tne Italian and jug" Slav
delegations this government bad been
given sufficient Indication nf the fact
that the British and French govern
ments intended radically 10 depart from
the memorandum ~ December q
In conclusion the president desires tn
express his concurrence ia the view NJ
the British and French prime ministers
that speedy settlement of the Adri-
attic question j. ~ urgent Importance.
But he cannot accept n just the i'm
piled suggestion Of his responsibility for
the failure Ia reach solution. Ilr had
merely adhered to the provisions of a
settlement which the French aud British
governments recognized A. equitable ia
the joint memorandum of December q
aud has declined ~ approve a new set
tlrment negotiated without the knnwl-
edge or approval of the American gov
crnment. which was unacceptable to one
az the Interested governments AMI
which in his opinion was in direct con
tradieiion ~ the nLipciis.rr iron, tAe les
fenSe of which America enE-fcd the war.
These views hc has fully explained in his
note Of February 10 and he ventures tu
express the earnest hope that the allied
governments will not find il neccSsa ry
to decide nn course which the Amer
lean government ia accordance with it,
reiterated statement will he unable {"
follow"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
FAMILY OF MASONS
CONFERS DEGREE ON
ITS YOUNGEST SON

While all Masons are brothers,
Gray Lodge No. 239, at Houston,
claims an unusual distinction in the
fact that the third degree in Masonry
was conferred on candidate by the
father and four brothers Of the can
didate. The degree was conferred
upon Clarence Kowalski. His faith
er. Ben kowalsNi. former mayor ot
Brownsville and a life member Of
the Brownsville lodge, acted a. wor-
shipful master; David B. Kowalski, q
past master Of the Brownsville lodge,
acted ~ senior deacon; Alex "A.
kowalski. a postmaster Of j. Ii. Cur
ley Lodge No. 337, Waco. acted a.
senior warden and Paul 0. Kowalski
Of the Brownsville Lodge No. 81 act
ed as junior warden.
The Kowalski family, pioneers ir
Brownsville, have established a rec
ord unique in both the army and in
the Masonic lodge All Of the sons
Of Brownsville's former mayor. serv-
ed in the army during the war and
all of them have served with distinc-
tion for many years in Masonry.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
NEW HIGHWAY BIDS WILL
BE OPENED ON MARCH 26

The board Of county commission
ers this afternoon in issuing an or
der that bids ~ called for in the
construction Of the new county high
way to connect Brownsville with the
county line near Ia Feria. took 2
step that promises early beginning cf
work on the road. The bids VIII be
opened bv the commissioners un
March 20, IN the presence vi rep
resentativc Of the state highway
commission The bids arc called to
be submitted according to the paci-
fications of the state htEhwl tc-
partment, which include & hard sur
face road, with concrete base and
btumen surface. The first cnll il
for construction from Harrington
south. distance wv five miles, and
from Brownsville north q distance of
five miles Connecting construction.
j iS understood. viii De undertaken
hy thr tate highway commission fol-
lowing th- completion Of the f.gsc
TWO ttTcttiHs uf road
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
DRILLING OPERATION
in KLEBERG COUNTY
ON AGAIN EARNESTLY
Especial to The Herald)

KINGSNILLE, Texas. March s.
Drilling operations are on again IN
earnest in Kleberg county after two
weeks delay Well No. for the Kle-
berg County Oil and Gas company
started only four days ago and is
already down S44 feet. Gas has al
ready been encountered. but there has
been no difficulty in holding it down.
Fuel for drilling this well is being
supplied from well No. /, just 500
feet away. The gas pressure on well
No. has increased to 900 pounds and
the management has decided to ce-
ment around the top and over the
T-joint as a matter of protection.
Negotiations are under way for
bringing this gas into Kingsville, but
no definite decision has been reached
as to the details The plan seeming
10 be most in favor now is to lay a
2-inch pipe from the well to the ST.
Louis, Brownsville & Mexico Railway
shops and other prospective large
users in Kingsville for temporary use.
exhaustive system for supplying the
town in general.
The Caprock Oil Association is busy
making preparations for drilling.
Their derrick is up. 200 cords Of wood
have been cut and placed on the
grounds. a gas engine has been pur-
chased and they expect to lay water
line of 5000 feet of 2-inch pipe next
week Slush pits and reserve pits
have been finished and they expect,
according to a representative of the
company, to be able to commence
drilling within 80 days. II is prob
able that the wood will not be used
for fuel. but that arrangements will
be made to use the gas from the Kle-
berg County Oil and Gas company
well No. L.
Several other oil companies have
obtained and are obtaining leases and
il is predicted that several outfits will
be at work in this county within q
I few months.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
MEMBER OF FAMOUS
CANADAPOLICE HERE
Sergeant Major School Comes
to Brownsville the Second
Time in Ten Years

Sergeant Major G. H. School of
the Canadian Royal Northwest
Mounted Police, is spending a few
days Of his furlough in Brownsville
This is the second visit the sergeant
major has made to this section of the
country, the last being in 1911 when
he was here for several days and
-gase number o. interesting talks
and exhibitions. Sergeant Major
School lectured this morning before
the pupils of the high school and will
appear before them again Tuesday
afternoon at 3 80 o'clock and the
public is invited to attend
Like all members of his most fam
Gus corps, Sergeant Major School has
led and still leads, an adventurous
life. He fought in South Africa
against the Beers and there received
injuries that incapacitated him for
overseas service in the great war.
While on furlough in 1911 he spent
several weeks with Madero when the
Mexican revolution was at its height
and spent a subsequent furlough
campaigning with the Villistas.
When ut his home station, Fort
Mcleod, Alberta, Canada, Sergeant
Major School is charged with the
protection of His Majesty's game and
patrols daily territory Of thirty
miles. After leaving Brownsville
Sergeant Major School will start
back to the land of ice and snow, his
horse and his snow shoes
Sergeant School wears the red
blouse, blue trousers with yellow
stripe Of his corps. While admitting
that the red blouse makes a con-
spicuous target, the sergeant major
says il had the particular advantage
.of impressing the Indians very much
and the red man has learned that
shooting at the red blouse is a rather
dangerous pastime.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
HOLD AMERICAN
PRISONER, ASK
$4,000 RANSOM
A. S. & R. Employe, Former
Service Man, Is Held by
Pancho Villa Forces

Ell PASO, Tex, March S.-Joseph
Williams. an employe of the Ameri-
can Smelling & Refining Company
at Pedricina, Mexico, a captive in
the hands of Villa, is held for $780,
600 ransom, according to passengers
from southern Chihuahua.
Williams, an American citizen,
served in the world war and is suf-
fering from the effects of German
gas. He was returning to the Unit
cd States for treatment when the
northbound Mexico Ciiy-Juarez train
on which h. was travelling was held
up Thursday morning. In the battle
between NiliistaS and the train guard
ten bandits and nineteen train guards
were slain. The balance of the de-
tenders were either wounded or driv-
en- off.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
WILSON TOCIVE
HISPOSITIONON
THELODCEPLAN
Will Outline in Statement His
Attitude on Reservation
to Article l9

WASHINGTON, ID. g., March s.
President Wilson will state his posi-
ton on the Lodge reservation to Ar
ticle 10 probably today. it was stated
at the White House.
The presidents attitude on this
and other reservations will be out
lined in letter to Senator Hitch
cock. He would not see Senator
Simmons as requested by Hitchcock.
Administration officials said the
president will not accept the Lodge
reservation to Article 10. II was
disclosed he discussed the Taft res
ervation TO Article 10 with Senator
Glass. While he has not stated dis
approval Of it, he did not say hC
would accept it.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
TIA JUANA "WlLDEST In
WEST" SAYS CLUBMAN

Ell PASO, Tex, March s.-The
''wildest town in the west" is Tia
juana, Mexico, just across the Cali
fornia line. according TO Julius Wild
a local clubman, just returned from
the west. He denied frequent state
ments that Juarez, opposite III Paso,
is the widest open town" in North
America.
IF anybody thinks FL Paso is
situated adjacent to a little Gomor-
roh, it would pay to take look al
Tiajuana. Mr.. Wild said. "Tiajuana
has a gambling hall ten times as
large as any in Juarez. The sports
from all over California come down
there to drink and gamble. OF
course there are lots of nice people
there just as there are in Juarez.
Permanent passports 10 Tiajuana
are obtainable for 25c." Wild added
Ten day permits are free"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1920-03-08
Especial to The Heraldl

MERCEDES, Texas, March s.
Under the direction Of the Lower
Rio Grande chapter of the Ameri-
can Association Of Engineers Sc
ries of meetings. will be held at
Mercedes having for their purpose
a discussion of the various types of
hard-surface roads suitable for the
Valley. 1t is the hope of the organ
ization that by starting this educa-
tional work before the money is
voted the time when such funds
become available may find the
county officials and the general
public informed as to the advan-
tages and defects of the various
types of material and construction,
TO the end that expenditures may be
made economically and efficiently.
The first lecture Of this series
will be delivered at the Mercedes
high school Saturday. March ~.
he speaker of tie evening being
J. q. A. Holloway of Dallas. man