davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-01-01
}. 2. Morgan & Go. Form
Foreign Trade Corporation
Crayson NJ T. Murphy Leaves Guaranty Trust to
Head New Venture, Which Will Help Clear u,
Muddle i'm Our Export Commerce

j. P. Morgan & Co. are going into
the merchandising business. The bank.
ing firm yesterday announced the for
nation OF the Foreign Commerce Cor,
poratlon of America, which will be
the instrument through which it will
operate in it's new field.
The launching of the new enterprise
Is regarded as one of the most signifi
can't steps taken in the business world
Since S11t the signing of the armistice
with the resources of the great bank
ing house behind it the new concern
is designed to find practical workable
solution to the existing muddle in for
eign commerce.
IN the banking movement to find a
peter basis for trading with Europe
the corporation, it is expected will
lake an important part. 1t is chartered
under the. laws of New York, and has
nominal capital of 1000 shares of
no par value, all of which are owned
by the Morgan firm.
Murphy President, Stettinius Chairman
Grayson M. P. Murphy, vice-pres ST.
dent OF the Guaranty Trust Company,
VIII resign his place at that nstitu-
lon to become president Of the new
corporation; Mr., Murphy during the
part IN organizing the European serv-
ices Ices of the American Red Cross. f. K.
Stettlnlus, partner of the Morgan
flrm and formerly Assistant Secfe tary
OF War, will be chairman of the ex-
ccutlve committee of the new trading
corporation. Before the United States
entered the war Mr.. Stettinius acted
as purchasing agent for Great Britain,
and had much to do with the buying
OF supplies for the United States Army
later during his incumbency in the
war Department.
The incorporators are j. P Morgan,
II. +. Dawson, T. w. Lamont, E. r..
Stettinus and Mr.. Murphy. The direc
tors Of the corporation will be the
1fteen members of the firm of J. P.
Morgan & Co. and Mr.. Murphy.
Will Extend Credit
Although the business of the new
corporation will be trade, and not
finance, it will extend credit to its Gus
toners, it is said. Whether this will
be long time or not could not be def
ntely ascertained, but the assumption
is that it will, because the incorpora-
tors are determined to meet the new
facts OF international commerce with
novel methods and expedients. One of
thesreasons for the undertaking is the
feeling that the old formulas of trade
fail TO meet the present situation, in
which Americas balance Of trade with
Europe is hopelessly against the Old
World and is no longer offset by the
payment of interest on debts held in
Europe, by the extensive use of Euro
pean-owned tonnage, by the spending
of American tourists abroad, or by the
other means by which exchange be-
tween the two continents were equal
lied substantially in the ante-bellum
days.
AS a practical matter, it is antic-
pated that the new corporation will
promptly seek to step into the breach
and forward the raw materials, ma
New-York tribune., 1920-01-01
Scran bic for
Oils Feature of
Outside Market
Prices Marked Up Sharply
Under Active Bidding by
Professional Shorts and
Public -- Hupp Spurts

Aggressive bidding up Of several of
market on the Curb a wild affair for d
market on the curb wild affair for q
time yesterday. Buying was active
most Of the day and the outside demand
for stocks was said to be much better.
Professional traders helped the thing
along by covering portion OF their
short commitments.
The buying III International Petro-
leunl moved that stock to q new high
record Of 773a. compared with a low
Yesterday OF 70A. and it closed at "a,
lealings approXimating 5000 shares.
Tropical Oil moved up more than Il
font to q on the reiteration of re
ports that it is to be absorbed by the
International, which is controlled by
Standard Oil interests.
Simms Petroleum opened at 68i = and
MOI TO II. closing strong right at the
top price Of the day. Salt Greek Pro
dueerss was strong spot. 1t was re
ported that the associations well, re
gently brought in in the second " all
Greek sand OF the Salt Creek Field,
came IN flowing 10000 barrels day IN
stead Of the 5000 barrels first an
nounced Houstoa oil did not act in ac-
sord with the rest - the group and
closed at $50. Carib S Indicate moved
up points from the opening price
Of 81. Producers and Refners was
hrn. The company has lately declared
an initial dividend cf 1914 cents a
', IN the industrial department Hupp
Motors attracted attention by squirting
70 loh, q new high record for the
movement, on turnover Of $500
Shares. The advance in the stock is
sald to be based upon the prospects Of
increased prosperity in the new year.
General Asphalt common squeezed the
s,sirts saorts when it jumped from 1922 to
"sn' closing at the high price
New-York tribune., 1920-01-01
Kings County Trust Company
BOROUGH OF BROOKLYN
342, and
Capital, $500,000
Surplus, 100000
Undivided
Profits, $773,415.76

JULIAN D. FAIRCt1ILD. ... President
JULIAN P. FAIRCHILD v..p
WILLIAM J. WAsoN, Jr. '''V''e PRESIDENT
THOMAS BLAKE Secretary
HOWARD D. JOOST. Asst Secretar,
}. NORMAN CARPENTER. -. Trust Officer
GEORGE Y. BROWER. Counsel
New-York tribune., 1920-01-01
TRUSTEES

WALTER T. BEDELL.
EDWARD G. BLUM
GEO. V. BROWER
ROBERT A. DRYSDALE.
JULIAN D. FAIRCHILD
JULIAN P. FAIRCHILD
FREDERICK C. FISCHER
JOSEPH HUBER
WHITMAN w. KENYON
HENRY A. MEYER
New-York tribune., 1920-01-01
Northern Pacific and Corn Products

Question-Do you consider Northern Pa
citic and Corn Products common stocks good
investments at present levels for man OF
moderate means? In other words, the
tangible assets of these two companies suf-
fcient to give the common shares real value,
with q reasonable likelihood OF an advance
in prices ii. S.
Answer-Neither Northern Pacific
nor Corn Products common stock ap-
pears to be the kind of security for a
man of moderate means to purchase
for income purposes. In the first place,
Northern Pacific is not earning its
dividend at present, and, while d con-
structive bill passed by Congress would
probably change the situation mate
rally, nevertheless the mere uncer-
tainty of it places the stock in the
speculative class. Corn Products, while
q good Garner. is newcomer among
the dividend payers. 1t remains, there
fore, to be seen for how long time it
can maintain its earning power.
New-York tribune., 1920-01-01
Vanadium Corporation
BUYS Chemical Concern

The Vahadiuni Corporation of Amer.
lea has acquired the properties of the
Primes Chemical Company. manu-
iacturers OF molybdenum, tungsten.
chrome and other alloys. The com,
rany proposes to issue 93,334 shares
OF new stock to nrovde the funds
necessary to complete tho deal.
New-York tribune., 1920-01-01
Baltimore & Ohio Bonds


Question: have ten shares of Bal
timore e. Ohio IS bonds. Why have
they deprecated to 561a? Would you
ADVISE me to buy any more (they pay
over per cent?, or would YOU advise
me to sell? What is a good-paylYe
bond for permanent investment &C.
II. S.
Answer-Baltimore & Ohio Is one of
the roads which is not doing well at
present. just what will transpire
when the roads are turned back in
their owners we, of course, do not
know. But, apparently, Baltimore &
Ohio is one of the properties which
Hnos ltself under heavy burden
There are roads which to-day manage
TO maintain themselves fairly we'll in
spite of all handicaps. The 5 per cent
refunding bonds of the Baltimore e.
ONO have declined for two reasons:
rlrst' because there is danger of the
preferred dividend being passed. which
would render all the Baltimore & Ohio
bonds now legal for savings banks and
second, the general depression in the
nond market-a depression which has
caused bonds to offer yields unheard
OF IN the present generation. The
nonds you mention never were prime
investment, being, as the expression
goes. tar from the rails" Unless the
Baltimore l. Ohio can secure relief the
preferred dividend is certainly in
jeopardy and the bonds are liable to
work lower. There are many bonds
Welding at present from So to Der
cent, all of which are well secured 4
lew are Illinois Central Is. I953.
Shesapeake & Ohio general AS. 1929:
81. Paal general 5l2s, 1889; Armour &
20: 412s, 1889; New York Dock Is
I9' i95a' and Niagara Falls Power first 5s'
New-York tribune., 1920-01-01
A Guaranteed Bond

Questlon-Are the following described
bonds bond considered first class investment
MeNlcan q Pacific Extension second mort
harrisburg & San Antonio Railway Com
pany.-W. N. w.
Answer-These bonds, due July l.
1881, are second lien on $50 miles of
road from San Antonio to east bank
OF the Rio Grande River at Ell Paso
lex 624 miles, and from Scafford to
Eagle Pass. Tex, thirty-hve miles. The
oond, on its own merits, is not high
grade, but on account of the guarantee
OF the Southern Pacific Company it is
entitled to good rating.
New-York tribune., 1920-01-01
The
Kings County Trust Company

lransacts General Trust Business.
Receives Deposits Subject to Check at Sight
Allows Interest Daily Balances.
Issues Certificates of Deposit Special Rates of Interest
Pocures Letters of Credit Payable Any Part World
he Kings County Trust Company depositors every
facility and accommodation known modern Bankno
you are not already availmg yourself of the advantages
offered by this Institution, the Kings County Trust Company
will be glad to have you open an account
A careful study of the statement herewith is invited
New-York tribune., 1920-12-05

guaranteed absolutely harmless
a million
1t dealer Vanity
by mail from Herbert Roystone 6 East 9Th
The Cordova daily times., 1920-08-12
MANY GERMAN FIRMS
 PLACED ON BLACKLIST

CHRISTIANIA, Aug. 12 (by Asso- ciated Press) "A blacklist of German firms who are alleged to have broken contracts with Norwegian merchants is being prepared by the Christiania Chamber of Commerce and will be published as warning to Norwegians to ''be careful of closing deals in Ger many" The Christiania Chamber of Commerce now has under considera- tion names of TO German firms against whom complaints have been made that they broke contracts, principally be- cause of an unfavorable rate of ex- change.
 It is understood German chambers of commerce are cooperating with the Norwegians to force the German firms to fulfil their contracts.
The Cordova daily times., 1920-08-12
CONGRESSIONAL RECORD COSTS
 GREAT AMOUNT

WASHINGTON, Aug. 12 (by Asso- ciated Press) ).-The cost of publishing the congressional Record, the govern ment publication recording daily every thing that is said and done in con- gress, as we'll as some things outside, was s537, $40 last year, practically the same as for 1918, but about $500, ,OOO less than the 1917 cost.
 These figures were given recently by Russell O. Beene, accountant at the government printing office, in answer to an inquiry of Representa- tive Magee of New York as to the pos sible saving that would result from the discontinuance of the Record. MT. Beene gave the cost for 1917 as $801,- 790,SS and for 1918 as $537,64O.
 Cornelius Ford, the public printer, was asked for an explanation of the high figure in 1917, but confessed his ignorance unless it happened that con- gress did more talking that year MT. Ford said that in 1917 congress was in session 25O days; in 1918, 37O day, and in 1919, 279 days.
 The printed pages in the Record for these years were 652,511,964 in 1917; 672,587 in 1918, and 455 ,13O,4 ,45O in 1919. The cost of paper has increased great ly within the past three years, but the use of a lighter and less expensive quality has helped reduce the aggre- gate cost of the paper used For 1919 the paper cost was $13O,OOO, as com pared with $162,0O0 in 1918 and $3OO,- 900 in 1917.
The Cordova daily times., 1920-08-12
MORE SUPPLIES SHIPPED NORTH
 TO KUSK0KWIM

SEATTLE, Aug. 12.-(Special to the Daily Times) Major General Hunter Liggett, who has just returned from an inspection tour in Alaska, says the great needs of the territory are cap- ital and men to devbelop the great natural resources. He was joined at Cordova by Colonel w. P. Richardson, who also visited Alaskan military posts.
 Because of the necessity of engine repairs of more or less extensive na- ture, the Washington state nautical school directors decided to eliminate the call scheduled at Alaska ports by the school ship Vicksburg.
 Continued rush of excursionists to southeastern Alaska points resulted in the Alaska Steamship Company ex- tending the excursion season of the steamship Jefferson to include the voy- age scheduled for August 27 instead of eliminating with the sailing of August 15, as originally planned.
 The steamship Northwestern of the Alaska Steamship Company brought 21,00O cases of canned salmon from Prince William sound. The steamer Skagway also arrived with 1900 tons of copper ore from the same section.
 The latest reports from the Alaskan fishing grounds state that the salmon run this year is rather poor. In Boring sea the catch is better than last year but still much below the maximum. In central Alaska the average is low, although certain local points report good hauls. The southeast Alaska run has not yet progressed far but the present indications are that it will be less than normal.
 The canned salmon market has picked up slightly in the past two weeks and prices are firmer than in early summer.
 With shipments of mining machn- cry for the KuskokWim Dredge Com pany. the Plume Dredge Company and the Alaska Treadwell Gold Mining Company all of which have properties near McGrath, the auxiliary powered schooner Ozmo of the Northern Com mercial Company sailed from Seattle bound for Bethel on the Kuskokwim river via Unalaska.
 Tn addition to the mining machn- cry. the Ozmo has shipments of gen. eral merchandise, coal and supplies, her cargo aggregating 1000 measure ment tons.
 The steamship Katherine D. will sal from Seattle August 20 with cargo or i 1.OOO tons of general merchandise ana supplies for Bethel, which will be transferred to the Ozmo in Unalaska.
The Cordova daily times., 1920-08-12

After the show drop into the Alaskan Grill and enjoy prime cup of coffee and French puff pastry. 20-tf
The Cordova daily times., 1920-08-12

Professional kodak finishing. Scar borough. Agency at Cordova drug store.
The Cordova daily times., 1920-08-12

The Alaskan Grill caters to partlc- ular people in high class bakery goods. -o-'h
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
FE AND SANE,
bLOGAN OF POLICE
chief Kinney's Fourth of July
Orders Issued.

Patriotic young Americans viii cele-
Nate the Fourth Of July this year, but
they viii do so in a safe and sane" way,
according to-, Chief of Police Jerry Kin
ney's orders issued today.
The chief will insist that the law In
regard 70 the use and sale of fireworks
be obeyed.,
The patfolmen have been instructed 10
enforce tEe laws and copies of the city
code governing the use and sale of f-e-
works will be given to each member Of
the polite department.
Since, the safe and sane" ordinance
governing explosives and fireworks was
enacted by the city council some years
ago, and since the police have each year
enforced this law, the number of acct
dents have been so reduced that it Is
wSelctom any person injured by fireworks
kaken to the hospitals Of the city.
hast year but one injury was reported,
BE 20 the use of fireworks in the cele-
ration of Independence day, and this
far if the chief OF policies orders are
eyed there will be no person injured
explosives.
Pie chief called attention 20 the city
= HSode governing the use Of explosives and
fireworks.
This code states:
In the absence OF 2EAeEdA OEuCA c.
tablished By the board of safety, permit
ting the discharge of fireworks, no per
son shall discharge in said city fire
works of any nature or description viii
out a special permit from said board OF
safety.
any person desiring the special permit
referred 10 in the foregoing section SHAH
make written application therefor 10 the
board of safety. stating therein the per
sen desiring 10 use the same, the place,
time and character of the fireworks in
tended TO be used. and signed by the
party desiring such permit
No person shall discharge, set of or
have in his possession for such purpose,
any pistol, toy gun, toy cannon, blank
cartridge containing black gunpowder or
any frecracker exceeding three inches in
length and One-half inch in diameter. or
any device for discharging or exploding
blank cartridges. or discharge or set on
or have in his possession hrecrackers OF
any size or fireworks Of any kind that
contain any explosive more powerful than
black gunpowder. =.
No person, firm or corporation shall
sell any article, the use of which is pro-
hIbited by the provisions Of this or
dinance.
The code, Chief Kinney points out, pro-
vides heavy penalty for the persons
convicted Of violating the ordinance.
The penalty provided is, any person
violating any OF the provisions Of the
preceding four sections Of this ordi-
nance shall, on conviction, be fined not
less than s. nor more than 500 for each
oRense."
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
Obtain Connections
in Gambling Cases

In the first case resulting from series
of raids made by the new morals squad,
under Detective George Winkler, the
police obtained a conviction in city court
Of number of alleged gamblers.
George Kostlck, 12S South West street,
was fined So and costs on gaming
charges.
Four men arrested at Emerson avenue
and Sixteenth street by Sergt. Russell
and the "old" morals squad were con
victed Of gaming and fined SIS and costs.
Louis Thomas, % South West street,
and six other men arrested at the South
West street place were discharged in
city court
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
South Bend Gets
Continued Cleanup

SOUTH BEND, Ind, June Cohorts
10 raid all houses of Ill repute and 10
clean up the city of undeslrables re-
suited in the arrest of fifteen persons
here.
After the first two or three raids tele-
phones had evidently been pressed into
use. for at several places where hauis
had been expected the houses were
closed.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
DOrneStics

PERCALES. yard wide,
large variety of stripes,
figures or checks; all the
wanted colors; suitable for
dresses and wrappers; spe-
cial, yard 35c
CAMBRIA, yard wide,
perfect weave and finish,
fine quality for nightgowns,
petticoats, etc; special,
yard ......... -...... Soc
YARD WIDE CHEESE
CLOTH, full bleached (no
phone orders). yard lie
TABLE OILCLOTH, As
inches wide, best quality.
white and patterns for wall
coverings; special,
yard
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
Actor Addresses
KiWaniS Luncheon

Stuart Walker OF the Walker players
will address the Kiwanis club at the
Hotel SEVERN Wednesday noon on the
relation of the business man to the
theater.
Walter T. White, who is acting secre-
tary In absence of Secretary Cecil Crabb,
IS beating the bushes for a large at
tendance.
: delegation of local Kiwanians went
to Bedford this afternoon to assist in
forming a new Kiwanis club there to-
night.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

PRINTED BATISTE, %
inches wide, fine quality,
beautiful patterns for wom-
en- and children's summer
frocks, special, yard. .35c
PLAID GINGHAMS, new
spring patterns, beautiful
color combinations, excel
lent for womens and chill
drens wear
SO inches wide, yard, e. 46c
q inches wide, yard $50
YARD WIDE LONG
CLOTH. soft, smooth thread,
for underwear, special,
yard . , 800
PANAMA CHECKS, yard
wide. perfect bleach, !. $50
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
MUNCIE FACTORY
RUINED BY FIRE
Electrical Plant Scene of $780,
900 Blaze.

MUNCIE. Ind, June 29.-Fire complete
ly destroyed the plant of the Highland
Manufacturing Company, designers OF
electrical fixtures. here.
The flames originated in the electrical
motor department, where an overheated
motor set fire to a spray of laquer.
The fire quickly spread over the en-
tire building and fremen were unable to
save any part OF the plant.
The company is capitalized at 100000
The loss is completely covered by in
surance and the plant will be rebuilt,
Thomas Ryan. president and general
manager of the company, announced.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
100 MarmOn Car Men
Meeting at Big Plant

More than one hundred dealers in Mar
mon cars in all parts of the country to-
day were attending the second days Ses-
sfons Of the Marmon dealers convention.
A tour Of inspection Of the big Marmon
plant was made this morning and a
chicken dinner viii be served at Vance's
the evening.
Tie convention will remain in session
until Thursday afternoon.
". c. MsrmOn. president Of the com
pany. addressed the guests yesterday.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
Stolen Auto Found
Wrecked in Cemetery

An automobile owned by D NJ Ennis
1887 Olive street, was found wrecked III
a cemetery at Upton, Ind. according to
Information received by the Indianapolis
police today.
Ennis car was stolen from his garage
yesterday.
Several tombstones were broken down
by the wrecked automobile.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

Charles F. Murphy, Tammany hall
leader, and five other persons are under
indictment in New York on a charge Of
conspiracy TO defraud the United States
by falslfying income tax returns and at
tempted intimidation of Louis \. Hartog,
a wealthy manufacturer, through Grim
inal prosecution. One of the other FIVE is
Assistant District Attorney James E.
Smith, a central figure in the vice war"
between the district attorneys office and
the New York police department.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

MEXICAN PLAGUE TAKES TWO.
VERA CRUZ June 29.--Two deaths and
two new cases of bubonic plague were
reported during the last twenty four
hours.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
Men S Furnishings

HOSE FOR MEN, medium weight
fully reinforced, lavender;
25c quality &c
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

LONDON, June 29.-The army of Gen.
Wrangle, anti bolshevik leader in the
Crimea, has been completely destroyed,
according TO a dispatch from Sebastopol
today.
The thirteenth bolshevik army has cap
tured the entire left bank Of the Dnel-
per river, the dispatch said.
Moscow official wireless message
said the new offensive launched by the
the second Polish army entirely OUT OF
action and cut the third army off from
communication
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

CHOW CHOW, c & B new
imported, large quart
ROQUEFORT CHEESE, So
cietie Bel brand, finest French,
Il pound ..............29 c
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
1000 PRISONERS
IN RIVER SAVED
Vessel Sinks in Neva-
Wrangle's Army Destroyed.

HELsINGFoRs. June 29-The 1000
repatriated prisoners aboard bolshevik
saved. according to a moscow dispatch
today.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

UNDERSTANDS AND DRAWERS
FOR MEN, Balbriggan, ccru; shirts
short sleeves, drawers ankle r.
length; garment DOC
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

ATHLETIC UNION SUITS FOR
MEN, fine knit, bleached, web
weave" sleeveless. knee 90
length Sizes 3S to as. .OSC
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

KNITTED TIES FOR MEN, plain
Alors, four-in-hands, CSC or
|}lity g for $1,000 OCC
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29
FROM OUR MODEL GROCERY

EGGS, strictly fresh large
selected, dozen in 40
carton ............ xS-@ -
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-29

All portieres of damask,
repp, chenille and armures.
All couch covers of tapes.
try and chenille.
Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1920-01-27
ATLANTA SPOT COTTON
MEXICAN COTTON AND
GRAIN FXHHANl
LIVERPOOL COTTON

Tone, steady; sales, 5000; good middIing,.
% 76d