davidaulloa/AmericanStories huggingface dataset:
The evening herald. (Klamath Falls, Or.) 1906-1942, 1920-03-31
PHONE PEyToN for wood. 1877

CITY When you want
garbage removed cali 52J.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1920-03-31

FOR RENT-Space in these columns
at five cents line a day. A line
he, is read by thousands every
night.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1920-03-31

FARM FOR RENT OR sALE-Near
Klamath Falls-under ditch. Ad-
dress r. Herald office. 12-tf
New-York tribune., 1920-06-24
High Yield Nav Not Conti,uo

Question-Will YOU kindly state tSrourh
your investment column the reason Why
q dIvidend basis is quoted so law as s3l?
win only one exception the above stock Is
nhyinS hs y the highest rat Of interest oh
company seems to be doing :. thfivna
business. therefore cannot un.eretand
WHY the stock should be so low. 'ovcn
taxing general market conditions into CON
sideration. Would YOU consider the pur-
chass of Parish q bingham sa fe as to The
IS :, your opinion Of Consolidated Catalan
they earning their dividend ~. y.
Answer-We have no recent earnings
statement of the Parish G. Bingham
Corporation, although we understand
every quarter. During the latter part
OF last year it was reported that earn
lngs were running at the rate
OF Sc share per annum. 1t may be
that earnings now show an increase
over this amount. While the company.
according to its last published balance
sheet, shows net working capital of
$2,732, 1915. and net tangible assets ap-
pllcable to the stock equal to $50
share, we do not know whether or not
the present dividend policy is too lib
eral The fact that the stock sells for
such low figure may indicate that the
dividends al present paid are not 10 be
considered as permanent We regard
the stock as speculative for this reason.
According to the statement of the Con-
solIdated Interstate Callahan Mining
Company, for the quarter ended March
81, 1920, earnings on the capital stock
were 20 cents a share, or at the annual
rate OF $3.50 share. compared to 90
cents a share for the year ended De-
cember 81, 1919 This would indcate
that the present dividends Of 81 per
annum were not being earned by q
great enough margin to place the stock
in a good position.
New-York tribune., 1920-06-24
~~-ssnsssrzssssIss
Desires to Invest $1,000

Question: have $1,000 which I wan.
to invest in one of the following stocks If
any OF them meet with your approval :
Atchison common, Union Pacific common
ailonAl Lead common. International
Motor first or second preferred Kindly
mention them in line of preferencc.-A T.
Answer-Based on present earnings
the two preferred stocks of the IN
ternational Motor Truck Corporation
are entitled to the best ratings of the
stocks YOU mention. The three COM
mon issues are more or less specula-
tive. though all show good earning
power at present. The National Lead
Company reported the equivalent of
1417 per cent for 1919, the stock now
paying s per cent. Atchison showed
the equivalent of 13 per cent on the
common, paying 6 per cent, and Union
Pacific showed the equivalent Of 1739
per cent on the common, paying 10
per cent. The earnings are subject to
variations in each case and as the
common stocks are most sensitive to
such earnings, they must be consde rcd
more or less speculative. We suggest
that you diversity your investment in
stead Of buying only one security.
New-York tribune., 1920-06-24
20 tex Co 7es nts. a7a. a7ss ga. e7ss
. "West E!ec IS. 95s. asa. os5s ass.
German International Bonds
Quoted In dollars per 600 marksl
unlisted. fsen cents per share
Consumption Tax Is Urged
WASHINGTON. June 23-Substjtu.

ASHlNGTON, June 23-Substitu-
ton Of "sugar-coated' consumption
tax tor the present income and excess
profits taxes was advocated by Theo-
dore II. Price, of New York City.
editor Of Commerce and Finance" in
an address to-day before the City
Club. The tax should be included in
the selling price, he said, and thus
would not be apparent to those paying
it.
Our domestic trade for the year
1913 Mr. Price said, rs estimated at
S6S, 900 900 and our foreign trade
IN the same year was $3.50 900 900
This total of about 5000, 900 900
represents, as understand it. the
value of the merchandise produced and
sold at home or abroad and imported
for sale here.
In its progress from the producer
to the consumer, this mercha ndise
changes hands an average of at least
four times. This gives US total of
more than s3oo,oo0,o0o 900 as basis
upon which to calculate our tax rate.
Two per cent upon this amount would
yield revenue of 5000 900, 900
winch is more than we need and far
more than We realize now from the
income and excess profits tax"
New-York tribune., 1920-06-24
Industrial Issues
Continue Firm on
Curb; Bonds Strong
Belgian Securities Active at
Higher Quotations; North
American Pulp Moves Up:
Oil Stocks Are Irregular

Although trading generally was quiet
on the curb market yesterday, there
were several features Of outstanding
interest, especially the movement Of
Belgian 6s, 1925, and the strong de-
mand for North American Pulp and
Paper stock.
The bonds moved over a wide range,
opening at SO and advancing to 80 on
heavy dealings. Quotations eased off
sharply thereafter. and finally touched
"a on the close. net advance of more
than 3 points. French 4s also were in
good demand and moved up points to
62. German international bonds also
were active at steady prices
North American Pulp and Paper
moved up to within small fraction of
8 at the height of demand and con-
tinued to hold its gain Of nearly full
point This display Of strength helped
the industrial list, and several other
issues were strong, General Asphalt re-
covering from slump of several days
This stock changed hands at 1874 on
the last sale, a fractional net advance,
after selling off during the day.
Oil stocks were irregular, with inter
est scattered on various devel lopment
reports. A chart showing the range Of
market of the authorized and outstand
ing 100000 shares Of stock, par value
$40, Of the Mexican Panuco Oil Com
pany for the year ended May 81 has
been published. Important events in
the history Of the company are shown
New-York tribune., 1920-06-24
Irop Outlook Improved,
Says Commerce Report
farmers I. Busy Planting and Gull
avating; Winter Wheat Yield
Estimated at 500. .OOO. 900 Bu.

W" ms I-tblre's Washington Bureau
."ASHlNGTON, juno 23-Consider-
Ss improvement. in the crop outlook
''' July over thc previous month is
,a ,aoSn in the monthly review OF con
-'-'ns Issued By a ". Douglas, Chair
OK ihs Committee on Statistics
&c Standards Of the Chamber Of Com
s'.es Of the United States, to-day.
> sls report Douglas said:
"henever tho weather and soil
ssA'''ions permitted. farmers have
IN very busy planting and cultiyat-
- much corn has been put In and
~'s. the best possible conditions Of
s"'are-soaked ground. The spring
s acreage will be less than last
..S'' bat soil conditions are far bet
1he yield Of winter wheat Will
s.,st a'"ast exceed 500, 0,00o,oo bushels
" the weather BE- unpropI,lou.
'4f.ax harvest time.
"a nuch 81 Arkansas and In tn.
g. IA south IN general. cotton plant
ss.,e es been greatly delayed and
s.,. we plant has come up the fields
as.., Rrassy and IN need of cui.
ID esnses and pasturez generally ere
7ssa snaps and I've Htock are in
ga,,t epeiition. There is continued
ssr - o. large yield Of AL man
Ara iesd and forage for live stock.
u., "srs -. VIII be planty Of fruit this
Nm. m me whole. though little IN
1aess.s sections. The s,rawberry pro.
sssrs ssn - about haif as large as four
New-York tribune., 1920-06-24
Foreign Govt. and Municipal Bonds
Unterest To Be Added

Dlu ASheu
Anglo French Extern S. 1920. 9S7s 90
Province of Alberta .......... 81
Arsentins Intern IS. 1945.... 70 71i%
Kingdom of Belgium 7las. 1945 s7l4 974s
Canada. Dom OF. notes, 1921. 81 9714
do IS. 1921 ....,........... s73s 9.1a
do 1926. NEUTRALITY-SUSPICIOUS.. 81 87ia
90 1929. .......,............ so| s9%
DO 1891. .................... So IA S6ta
Chinese gvt Hu Kug Ry os 81 42Hs 43
Cuba Extern. 5s, 1944........ e0n 81
Cuba Extern. IS. Series A. 194s so S2h
do 411S 1s4s. II TO
Dominican Republic 6A 1888. S5A 81
city OF Lyons 15-yr 6s. 1884,. S6 Ss
City OF Marseilles 16-yr 6s. 1884 sb S.
City OF Bordeaux 15-yr 6s, 1884 85 IS
Cityof Copenha 25-yr b1as, IA 7AN ISM
French. Paris City 6s, 1891. 90 a2A
japanese Gov. %1ss. strl In, 1925 73ta -
do AVS, I'd series. 1925..... 73 731
do As string In, 1931........ 56A b5ia
ia panese. Toxic City S. 1853. 50 SO
l. X. G. B G. l 5-yr SIS 1921 ss1s 81
do S-yr bias. 1922. ......... s241 80
do 10-yr rs, l929.. SSia 50
do 20-yr b1as l937...... 84as S4T,
Mex extern strl 5s of 90. 1915. 33%% SAN
do extern gold As of '04 1854 2si2 80
Kingdom OF Italy 5-yr Gas b s3A
New-York tribune., 1920-06-24
Advance i'm Cotton
Prices on Weather
Report Is Slight
Market Closes Barely Steady,
With Small Upturn as Re
suit of Renewed Selling
on Private Crop Advices

unfavorable weather and crop news
from the Southwest led to active cover
ing in the market yesterday. Other
wise there was not much demand, how
ever, and after the requirements of
recent sellers had been supplied the
market broke under renewed pressure.
The late selling was probably promoted
by rumors of bcarish private crop con-
dition figures, and the market closed
bare y steady, net 13 points higher to
5 points lower. October contracts sold
up from 1886, the low point of Tues
day, to 3412, but closed at 1852, COM
pared with $3.50 at the close Of the
previous day
The market opened firm at an ad-
vance of to 50 points in response to
higher Liverpool cables than due and
reports of rains in Texas Active months
showed net gains of 35 to AZ points
shortly after the opening, but whenever
the demand from shorts slackened
prices showed a tendency to WORK off,
and there was some selling during the
middle of the day on the weekly re-
port of the Weather Bureau. This said
that the crop had improved over the
belt, but it mentioned various unfavor-
able features, which suggested that the
condition was not yet entirely salts
factory, and the market firmed up after
publication of the detailed weather re-
port. The heaviest precipitation in
Texas was shown in some of the largest
producing sections, and a good many
private reports came in saying that the
wet weather was undesirable and was
leading to rapid spread Of the weevil
Active months sold 80 to 60 points
above Tuesdays closing figures on this
bulge. but except for covering, local
brokers reported little demand and the
market broke sharply in the late trad
ing, with last prices showing reactions
of 3S to so points from the best.
| The government report, which will
give the condition of the crop up to the
close of business tomorrow, will not
be published until July g Meanwhile a
| number of private reports are expected
which will doubtless begin to appear
next week. The rumors of bearish
private condition figures circulating
yesterday, probably referred to pre-
liminary returns received bv one of
the prominent Southern authorities
Southern spot markets as officially re-
ported were % points lower to % points
higher.
The local market for spot cotton was
quiet and unchanged at 1926 for mid
ding; no sales were reported.
!
New-York tribune., 1920-06-24
Goodyear Tire and Rubber

Question: have about So 900 to invas..
t,,n va NJ something that is as safe as pos
sD S,' ior s,a a term or say twenty Years read
,y y sofa II necessary and good collateral
~. 20 you consider Goodyear Tire and Rub.
per company OF Akron. o. s,oak such an
,nlvestnent%s II Is offered III blocks Of
three shares, two shares OF per cent
co119'1,a1 co1nula1iVs par 500 ande share Of
Your opinion on it in a general wav a would t9ug
be appreciated D L. n 0'1
Answer-The GOODYEAR Tire and
Rubber Company is a well managed
enterprise. Its business has expanded
rapidly in the last ten years. .-sales hav-
lng increased from about s9,5OO,OOO in
i9io to approximately $170,00O.000 in
l9l9. Inc margin of earnings over
preferred dividends is large and en-
1lt.es TINS issue to good inves tment
rating The company says there is
or common stock" The good will. pat
tents, etc, are capitalized at only 81.
Stockholders have been rewar rdcd gem
erously IN the past. for in addition to
cash dividends. which have been paid
regularly on the common stock since
1910 at the rate Of II per cent q YEAR
except per cent in 1879 stock divi-
dends have been paid as follows: 1910.
100 per cent; 1912. 100 per cent; 1914,
20 per cent; 1916, 100 p/ cent; and on
July next $50 per cent. In view of
these facts we regard ;ne proposition
you mention as good business mans
investment with a speculative feature
IN the common stock. which of course
would be more sensitive to any change
IN earnings than the preferred That
the dividend rate on the common stock
is subject to change is indicated by the
announcement which the company
makes in the present Offering of new
stock to the effect that it intends to
pay dividends on the common at the
rae of 10 per cent year "if conditions
warrant The purchasers of the com
mon stock under the present Offering
will not be entitled to the $50 per cent
stock dividend just declared. This is
payable to holders of record June ID.
New-York tribune., 1920-06-24
Hupp Motor Earnings Higher

r.. Question: SEQ statement in the Wall
Street Journal about Hupp Motor common
earning S2lo IN first quarter ending
Msrch e. Would You please tell me how
mat effects the common stock OF said
cohDany?. Would you also tell me if
sinclair OIL common pays a dividend and
what has been its lowest point this
Answer-The earnings of the Hupp
Motor Car Corporation for the six
months ended June 30 are estimated
at S5.O5 share on the common. stock,
against 81 cents for the same period
in 1919. The stock, par value $40,
sells for about s18, or $50 per cent.
Present dividends are 81 a share, or
10 per cent. 1t would appear that the
stock is discounting an increase in
payments, for at current earnings the
stock shows the equivalent of 100 per
cent. Sinclair Consolidated Oil Cor
poration pays no cash dividends, al
though stock dividends at the rate of
eight shares for each 100 shares held
have been authorized to be paid in
quarterly installments payable July Is
and October Is, 1919; January Is and
April Is, 1920. The lowest price for
1920 was 28a4 on May "a.
New-York tribune., 1920-06-24
New Exchange Listincs

Another "outside" was transferrcd
from the curb to the Stock Exchange
yesterday when the governing com
mittee voted to list permanent en-
graved interchangeabl certificates for
1880 900 cumulative per cent pre-
ferred stock OF the Steel g. Tube Co.
Of America. Other listings included
$4,000 900 additional common stock of
the May Department, Stores Company;
10000 additiona! shares Of stock par
value $1o) of the Texas Pacific Coal
Il OIL Co.; 57,6l3 additional shares
OF common stock without nominal par
value Of the Columbia Graphophone
Manufacturing Company.
New-York tribune., 1920-06-24
Investment
Information

Questions Of general intevese to
s"vestors scil Be anewered in this
column, in which case only initials
UiH be used. Others ,Uill be an.
sUercd by mail. Address all in.
q"'-tes. inelosing stamped, ad.
aresso1 en"elope, to Financial Editor.
The Trttuns, ls4 Nassau Street, Nsw
York City.
New-York tribune., 1920-06-24
Switch Would Improve Position

Question-I have been advised to sell
81. Poul 5s Of 1921 Pennsylvania Railroad
stotch, american Telephone and Telegra ph
stock, Baltimore g. Ohio preferrad Balti-
more Ohio common which / have held
for number Of years. and purchase with
the proceeds Thatcher Manufacturing
Company IS Appalachian Power 5s
American Gas and Electric preferred. Ohio
CITES Gas IS viii You kindly favor me
with your opinion as to the acivisa bility
Of making this exchange M. NJ. j.
Answer-The three railroad issues
you now hold arc more or less specu-
lative, while the st. Paul per cent.
1921. is good bond. The American
Telephone stock is a very fair busi-
ness mans investment, in our opinion.
BY making the change to the securities
suggested you probably place yourself.
in so far as the railroad stocks are
concerned. in better investment posi-
ton, as the earnings in the case Of
the issues suggested are better than
those of Baltimore g. Ohio and Penn
sylvania.
New-York tribune., 1920-06-24
Open. High. Low. Clt
Southern Spot Markets

"U"tHSFn Sp01 NEUTRALITY-SUSPICIOUS. Qu7ef.
unchansed at 39c; sales. 200 bales. New
Orleans quiet. unchanged at t0c. sales
40 bales- Mobile quiet. 25 points lower At
30 IS sales 20 balos. Savannah nominal.
unchanged at A. so sales NIL. Norfollt
qui"t. unchanged ~ so; sales, 2G7 bales.
Baltimore nominal, unchanged n, 4lc:
sales M. Augusta quiet. - points lower
a. ~ 70 haIes. o7 bales. Houston quiet.
20 points higher at 39c: sales s07 bales
Little Rock quiet. unchanged At 1850:
.al"s, ef4 bales. Dhllas quiet, 10 points
nl.h"r AL 1850; sa!cr, III bal"H- Fort
W 0.in quiet uncnhnged at 5S.25 Ealea.
10 baies
The Bridgeport times and evening farmer., 1920-08-19
IF YOU Do NOT RECEIVE YOUR EVENING TIMES R E G U l. A R LY
 Telephone Bar. 1908
 Circulation Department
 TIMES OFFICE
MARINE CORPS PREPARES MEN
 FOR, GOOD WORK

Sergeant Joseph Sullivan in charge Of the Marine Recruiting Station 1908 Main street stated today that the United Sattes Marine Corps are offer ing the finest opportunities to young men to fit themselves for trades on the outside. The Sergeant stated that the I. C. S. courses offered by the Ma rine Corps is an inducement in it. self. For young men who have been in the service they can enlist and be sent direct to the schools at Quantico, Va Recruits are sent to the train ing camp for a short period and from there to the schools. Reenlisted men may choose their own station or post in the United States if they do not care to take up the courses. There are many men no doubt in the City of Bridgeport and vicinity that would like to get into the Corps but they are afraid they can not pass for examination The Sergeant said that they were not looking for giants but that almost any healthy young man could get in if he would just present
 himself at the Recruiting Station and not to be daboring under false impres- ing up. Sergeant Sullivan further stated that any young man who wish ed to see action and different parts of the world that there was but one outfit to see it with and that is the Marines. They tell Congress that the war is over, also the Army and Navy
 but they never tell the Marines for with the Marines there is always war.
The Bridgeport times and evening farmer., 1920-08-19
THE PEOPLES' SAY

Bridgeport. Conn, Aug. IS. 1920. Editor Times
 Gentlemen:
 While realizing that everybody is entitled to form their own opinions. believe, that before giving expression to those opinions, that they should give careful thought to what they say, and if they expect their opinions to carry any weight, they must stick to facts. am referring to the trolley jitney controversy. Personally, I do not use either the trolley or jitneys enough to care which side wins, but would like to see justice done. In the present controversy I honestly believe that the Connecticut Company is in the wrong. They retired from the field of their own accord. and do not be- .ieve that it is good policy to try and coax them to return their service here. It is all right to force them to return if possible. but to surrender to them, never In reading the comments in our paper in favor of the return of the .trolleys have noticed that the favorite argument in that the jitneys are dirty and unaafe. If the complain ing parties are trying to convince some one in San Francisco that the jitneys are dirty that is a good argu- rnent, but to us who are on the ground and know the real conditions it will have no weight. They cannot be very dirty or the Board of Health would be after them. In regards to them be- ing unsafe, it is only necessary to ask the critics to name the real serious accidents that have happened since the trolleys stopped four weeks ago. That is the best recommend the jit- neys have. Then the ladies must have n. fD oil hni dresses on the seats of the open cars where someone had placed his dirty feet, just prvious to the conductor re- versing the seats at the end of the line. Others say that if they cannot have the trolleys back they will move.
 We'll, good bye and good luck. Bridgeport is a small town, but if you are so narrow minded that you must have your own way, it is too big to hold you and we really won't unless you unless you are escorted out Of town with brass band. Some blame the mayor for the present conditions. Why blame poor Cliff. Didn't he try real hard to deliver the city to the Connecticut Co? Judge Banks inter fered But about the most unfair ar gunent of all is one that I read in last Saturdays Times. The writer used these words: Drive the dirty slack CTS from the streets"
 Many of our jitney drivers saw ser- vice abroad, and those who remained at home gave freely to all the war funds that were raised, bought Liber- ty bonds and War Savings stamps, and last. but not least of all carried the soldiers and sailors free in their husses. That is more than the Con- necticut Company did, so why call them slackers. By all means express your opinions. but be fair and truth full.
 FAIR PLAY.
The Bridgeport times and evening farmer., 1920-08-19
Muslin wear special values.

Here extra special offerings from mus lin section-we not guarantee the sizes to be complete in every item but the assortments good that you find something of real interest here
 Plain and striped petticoats some heatherbloom, others with heatherbloom silk top and taeta rf t1es values from $3 to $4 You may choose at $25O Envelope chemise hand embroidered, others lace trimmed in corset style camsole effectprettly trimmed in back front values from $25O to $3 Sl l95 Pink brocade eamisoes trimmed with lace in corset cover style or ribbon straps, value $1 25 for 95c Crepe de chine camisoles lace embroidery trimmed with ribbon straps values $25O for $1.95 crepe de chine chemises, very pretty trimmed with lace embroidery, values from 5 to $125O for
 $395 to $8.5O Crepe de chine gowns trimmed with lace flet with or square neck value $1O5O for $7 Boomers of satin and crepe de chne plain or lace trimmed values $5 and $650 for $3.5O Crepe de chine satin gowns and pajamas prettily trimmed with lace and georgette with without sleeves value $15 to $18 now SIP Bungalow aprons in striped percale and chambrays with pocket and belt, special for $150
The Bridgeport times and evening farmer., 1920-08-19
OHJNG ROADS.

Cost of permanent work on high ways is proving 90 great this year, that some states are setting aside their plans for concrete and nacadam work. They will substitute oiling, as a temporary makeshift.
 This is a disappointing outcome. It shows the folly of the people who opposed good roads work at time when. 1t could have 4 been done for half the money. ,=
 You can't make a hard road simply by turning oil onto dust. And you don't repair macadam worn full of holes, simply by oiling it. But if a road is made of fairly good material. a good oil may hold it together. All supplies foil used in Connecticut should be carefully tested to see if they have good binding qualities.
The Bridgeport times and evening farmer., 1920-08-19
BRAZIL OPENS
 COTTON BUREAU

Rio De Janeiro, Aug. 19.-In- creased and improved production of cotton, especially in northeastern Brazil, great potential producing center which is at present quite un- developed, is the object of a Cotton Service Bureau recently established d by presidential decree.
 The bureau will investigate the properties of the soil and climatic conditions, and establish experimental stations to study the culture of cotton and preventive measure against pests and plant diseases. Planters in the cotton zones will be provided with machinery, implements and fertilizers at cost prices, and establishments will De installed for preparing cotton for market.
 A representative of the big English cotton combine is now in the north ern states making a special study of conditions.