davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-04-10

ferred question Of replacing worn
out rolling stock and providing the
much-needed additional equipment
to meet the demands of traffic is re >
ceiving attention. Equipment COM
panies are being deluged with in
quiries. and naturally American Car
and Foundry being the largest con-
cern in the car-building line will re-
ceive its full proportion of all do
mestic business.
Through Canadian Car and Foun-
dry Company, in which American
Car and Foundry owns a substantial
stock interest. It will be in a posi-
tfon to handle business coming from
Canadian roads as well as British
orders.
There has been Q constant. growth
In the earnings per share on Ameri-
can Car and Foundry, rating from
sass in 1909 to $32.24 In the 1919
year. The common stock Is now on
a IL per cent annual dividend basis
established December II, 1913, and
a dividend reserve Of s10,so0, 900 was
at that time set aside to continue
this payment
The Washington herald., 1920-04-10
CITIES SERVICE STOCKS.
Important Federal Reserve
announcement E xpected Toddu

vor OF essential business; and nu-
merous other details which must be
disposed of before the plan can be
put into operation.
The board at the conference also
sought to learn exactly what steps
nave been taken by the banks to
ascertain the uses made by member
banks of credit facilities obtained
from the Federal Reserve Bank, es-
pecially the uses made for specula-
tive purposes as contrasted with
those for productive purposes. This
Information was sought with a view
of preventing the use of bank
funds for speculation, SO far as
possible. The board also sought to
ascertain what steps have been
taken by the banks to prevent the
abuse of credit in boarding com
modities.
Further Improvement Of the
boards clearing and collection sys-
tenn through the recommendations
of the bank governors played a
prominent part in the discussions.
The bank governors were requested
to recommend to the board the best
procedure to meet and prevent the
recurrence Of charges Of coercion
on the part Of the Federal Reserve
banks to force nonmeber banks
into the system. The request also
asked information as to the most
effective method Of continuing the
campaign for par points, and should
the banks now publish a non-par
list instead of q par list.
Information was sought by the
board as to the proposed amend
ment to the Federal Reserve act
allowing the use of ten per cent
super-surplus fund in payment or
extra dividends; the attitude which
should be adopted by the board as
to the payment OF interest upon re-
serve balances; should preferential
rates on government securities be
should the Federal
Reserve banks and branches adopt
uniform policy of paying out new
and of redeeming unit currency, in
view of the present insufficient sup
plies of new currency; and many
other similarly important topics of
vital interest to the. industries and
banks Of the country were brought
up for discussion for the guidance
of the Federal Reserve Board in
deciding its many problems.
The Washington herald., 1920-04-10
ARGENTINE LOAN.

According to the latest private
advices the Argentine government
is now inclined to pay off its May
Is maturity, which amounts to $685.
100000, or f5.00O.o0o. Since all the
sterling bonds have gravitated to
New York on account OF the dis
parity in the foreign exchange mar
ket, the loan will have to be paid
off practically exclusively in New
York.
Despite the fact that her ex-
change is at a premium and al
though the government has q bal
ance amounting to s7o,0o0,o0o at
the Federal Reserve Bank here, the
Argentine Finance Ministry at FIRST
expressed a desire to renew the
loan. instead of paying IL of, be-
cause Argentina has a fairly large
floating indebtedness at home and
finds it difficult to float an internal
loan. ''F
However IT is understood that the
South American banking groap
here notified the South American
authorities that the Treasury De-
partment here did not look with
favor on lending money to countries
whose currencies were quoted st a
premium over the American dollar,
The Washington herald., 1920-04-10

One Of the most important con-
ferences yet held between the gov
ernors OF the twelve Federal Reserve
banks and officials of the Federal
Reserve Board probably will be
brought to a close today. The con-
ference is expected to have ma
terial effect upon the future activi-
ties of the Federal Reserve banks.
both as to scope OF operations and
banking methods and practices.
Credit control formed one of the
principal topics of discussion at the
conferences. The governors Of the
Federal Reserve banks laid before
the Joint conference reports from
the various reserve districts as to
the effect of recent increases in dis
count rates upon liquidation. and the
withdrawal Of bank funds from less
conservative investments ordered TO
restrict speculative operations.
Another important question taken
up at the sessions was that OF the
pending amendments to the Federal
Reserve act authorizing progressive
rates for large borrowings. in or
der that bank funds might be di-
yerted from speculative to legiti-
mate uses. What should be the ba-
sis of the normal line OF bank dis
bursements will be the dimcult
question when the amendment Is en-
acted into law.
To be considered In connection
with the pending amendment, om-
cials said. are the capital and surplus
O., the member banks; the total re-
sources Of the member banks; depos-
ira and the reserve balance. and the
loan capacity OF the Federal Re-
serve Bank prorated among the
member banks in proportion TO the
reserve balance of each.
other questions which must De
considered in putting the amend
ment into effect. it was said. are
whether the basis of a normal line
should be uniform in all districts,
and at all seasons of the year; what
scales should be used in applying
the progressive rate; what steps
sbou,d be taken to control the alb
sorption In the system of an ex-
cessiye amount of paper made by
borrowers who do nationwide
business; whether or not it Is prac-
ticable to discriminate effectively
against nonessential business In IA
The Washington herald., 1920-04-10
EMPIRE GAS & FUEL.

Empire Gas g. Fuel Company, the
principal oil producing subsidiary of
cities Service Company. has just
opened up new territory and extend
ed the oil producing area in Okla
homa by bringing in it's Surber well
in the southwest corner of section
33, township one south, range s
west, in stevens County. The well,
at a depth of LOO feet, Is now max
frfS approximately 1000 barrels a
day. 1t has been connected up to
the pipe line. and the oil Is now be-
ing run from the new property.
( Great excitement prevails in the
neighborhood Of this new well, and
The Washington herald., 1920-04-10
RAILROAD SHOWS DECREASE

Chicago, April s.-The report of
he Chicago and Northwestern Rail-
road, recently made public, shows
= decrease in operating income of
..5S per cent, with a decrease of
s.37 per cent in net income, COM
pared with 1918.
The actual decrease in operating
income was s72.991. and the de-
crease in net income $44,436. The
gross income before deduction for
rentals. taxes, funded debt, etc. de-
.reased 1.67 per cent or by S48,436.
The net income for the year was
f1.2s3,669. Dividends In the pre-
;:crred stock totaled $439,266.
The company's profit and loss ac-
count shows a balance as of jan
uary 1, 1920. of s46.965.S73.
The company earned $2.S7 on the
preferred stock In 1919, against
1877 in 1913.
The Washington herald., 1920-04-10
N. Y. c. BOND ISSUE.

A public offering of s3s.225, 900
New York Central lines equipment
trust certificates bearing 7 per cent
interest and maturing at the rate
of s2,415,ooo annually from April
is. 1921. to 1885. will shortly be
made by syndicate headed by J.
P. Morgan & Company. The Offering
price will be par and interest. To-
tai cost of the equipment to be
pledged under this issue will be
s4S.S1S,0o0. 1t consists of $500 steel
freight cars, 265 steel passenger
coaches and 1913 locomotives. The
railroad companies will have made
an initial cash payment OF slightly
more than 25 per cent.
The Washington herald., 1920-04-10
FOREIGN EXCHANGE.
CHINESE LOAN.

1t became known yesterday that
the $25,000,000 emergency loan
which the powers were about 70
grant to the Chinese republic has
been held up as the result of the
entry Of japan into the consortium
with the United States, Great Brit
ain and France. With the full con-
sortum apparently ready to func-
ton. the bankers believe 1t now
possible to plan financial accommo-
dations to China on a grander scale.
The Washington herald., 1920-04-10

many are endeavoring to buy up
leases, the value Of which has been
greatly enhanced.
Empire Gas & Fuel Company owns
leases on more than 1000 acres in
the vicinity Of this well and is at
present engaged in drilling other
wells in the district.
The Washington herald., 1920-04-10
COTTONSEEH OIL.

New York. April 9.-After OPEN
ing firm with cotton, the cottonseed
oil list turned easy under scattered
liquidation, induced by the bearish
showing In lard and greases gen.
orally. Sales to midday were 1850
pounds.
The Washington herald., 1920-04-10
u. S. GRAIN CORPORATION.

The United States Grain Corpora
tion announces that IL has purchased
this week about 175.000 barrels of
straight wheat -four at prices aver
aging about s10.6s per barrel {. o. b.
Baltimore and $40 per barrel (. a. s.
Pacific Coast points.
The Washington herald., 1920-04-10
American Islsphons Z Is!ssraph @

A dividend Of Two Dollars per share E3n
be paid on THURSDAY. April 10. 1870. 10
stockholders Of record at the close Of buA1-
ness on Friday, March ID. 1eD 81
On account Of the annual nesttas ths
transfer books will be closed from Saturday.
March 20, to Tuesday, March 50, 1870, 18th
days included. II
@. d. MILNE. Trsasursr.
The Washington herald., 1920-04-10
FRANKLIN MINING co.

New York. April 0. - franklin Mining
Company reports for year 1919, AZ COM
pared with previous year, as follows:
The Washington herald., 1920-04-10
DIVIDENDS DECLARED
BANK cLEARNGs.

New York, April s.-Clearing
house exchanges today were $685.
The Washington herald., 1920-04-10
Public Utilities.

Sales. High Low BID Asked
$50 Cities Svce en- 394 3e1 3e1 SOL
1850 do pf..... 20 69k 69h 6ek
1,487 do pref B.. ~ eh eN 81
s.S9s. do BANKERS. 41as 40h 41k 41h
43, 500 do deb c.. 103h 101 101h 101h
The Washington herald., 1920-04-10
=s= NATIONAL MARKETS
Active New York Stock Exchange 3
Yertsa

| .slV VuRMsHED ~ MooRHEAD . ELM0RB)
L. Members New York Stock Exchanges
The Washington herald., 1920-04-10
OTHER UNITED STATES BONDS.

ISSUE.
Atch.. Top. a s. Fe gen a. 1905. :,
Atch.. Top. & 8. re COW d, 1890.
Baltimore q Ohio zen a, is4s.
Baltimore q Ohio ref De-, 1895.
Baltimore q Ohio COW. as, 1885.
Chesapeake & Ohio conv. 5s. 1888.
Chesa peake q Ohio, eonv. 41ss, 1913
CHI. Great Western 1st Ii, 1850. :.
Chi, NIL. 81. Paul conv AIS. co1
Chi, Il. l., Pacific ref. 4s, 1894.
Denver & Rio Grande 1st ref 5s, 4
Erie conv. a, series ID. 1858.
Erie general a. 1895. 6.............
N. Y. Central conv. deb. 6s, 1945. :.
n. T.. New Haven eonv. deb. es, Il
Am. Tel. 4 Tel. cow. 6s. 1925. :. /.
Am. Tel. q Tel. col. trust 5s, l94
Hudson a Manh. ref. 5s. 1857. 80.
Interbo. Metro. ANS, 1856.
Interbo. Rapid Trans. Is, 1855. =.
n. Y. Tel. 4hs. 1880. 39.............
Amer. Smelt. & Ref. 1st mtg. %, 4
Beth. Steel purchasing money 5s, i
The Washington herald., 1920-04-10
Local Securities.
wsshinsssa stssa x.sA.ass.

Quotations for 1870 10 dsfs.
Furnished By Moorhead b Einos.
The Washington herald., 1920-04-10
Additional Gold.

An additional $11. 900, 900 in gold Is
expected late today or early tomor-
row. This element, however. seems
to have passed any semblance Of i'm
portance either way. AS most of
this gold will be reshipped to South
America, little attention is being
paid to the movement.
The Washington herald., 1920-04-10
OIL STOCKS.

Furnished by W. B. Hibbs 4 Co.
The Washington herald., 1920-04-10

LIBERTY BONDS
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

10 climb out Of the cockpit to make
tho jump.
The release ring OF his parachute,
however. accidentally caught on tho
fusclage OF tho plane and the para
chute opened premnturcly. dragging
the setgeant out over the tail OF the
machine B0tircirs arm struck the
ruddsr ~ the plane as ne went by,
tearing some liRaments of his arm
and ripping OF q sleeve Of hiH fur
lined nYng coat. a strap Of his
hnru,ss ut the same time caught
tho rudder and tore II from the
plano. Tho parachute itself was
damaged. but opened aH the sergeant
cleared the machine and started his
long descent.
Sergeant guitroil lost conslderabl"
blood from his injured arm during
tho drop. but made n safe landing
du ~ pIowcd field and received mcdi-
cal attention In time to prevent any
serious result from his injury.
Meantime. Sergeant MADAM, In a
ruddcrIcaq alrplane, 10000 feet In
tho air was having troubles Of his
own. IIo fln,dly found position
where he could maintain a straight
flight by keeping the throttle In n
certain position and tlltlng the plane
with tho ailcrons. In this manner he
glided down TO within about 5000
feet on Garth where he managed
IN make a wide turn by juggling his
throttle and aileron controls.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

CAMDEN. y j., Aug. IT, rho
humble little house IN which Waiter
Whitman, the good gray poet" lived
Las been purchased by the city from
tho poets three n,cccs. 1t Will be
converted into memorial museum.
II Will he moved to either whitman
park or Forest tliil park and win
lnuscs the relies, books and i1omeu-
ty"s that have survived tho beloved
poet. II was here that many " the
poems that have throbbed their way
into the hearts OF the world were
written The lugt anniversary of
WhitHtp'S liTth was recently ccIe-
hratod by a pilgrimage Of dcvotccs
10 his tomb in a cemetery near
l"re. The house II a square wooden
structure ot two siorics with smoky
hombre chpbOard front and tall
chimney hendi1g q bit with years
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15
SAFETY LINES
& FOR HARB0RS
Energized Wire Guides
Vessels Safely Into
the Port
SOUND WAVES DIRECT
Storm or Fog no Longer Has
Terrors for Ship Trying
TO Find Harbor

NEW YORK. AUG 1.-THE priu
ciplc of follow the green linc." used
successfully by .hu management ~
New York'a subway system va hnnd.
ling crowds at ruup,stcd transfer
points has been adapted in meas.
urc to insure safety iu ships at s"t
around crowded hnrbora Instead
Of n yislhl" "rr'ru ln,' however.
device has boon perfected where.
hy vessels seeking their wpy into
hnrhor .r thick woothor can follow
with safely submerged and ouor.
gizcd wir"
IN the outer reaches of N"w york
hnrhor where dccp water meets
shoals. thcro begins marine pass
age way krowu as Ambrose channel
This channel leads up through the
nnrrows into th" inner hnrbor and
10 tho docks ana m this channel the
guiding cable has been laid. Ships
properly equipped 10 take advantage
OF its guiding powers can follow II
through any Kind of weather with
the same degree Of assurance aR can
the passenger who seeks 10 make his
way from Grand Central terminal
TO Times Square.
The device consists Of cable
iG miles long laid In the center OF
the channel. II In enerEizcd with an
alternating current from the shore.
Ships 10 take advantage of II must
be equipped with audiphoncs or lis
tcning devices attached to the hull.
Approa ching the channel the sound
wavcs emitted by the cable can he
heard for some distance. end tho
increasing or decreasing strength Of
tho sound enables the ship 60 be
steercd until II ~ right over the
source. II is then : simple matter
To follow its course throughout tho
dredEed channel despite storm or
fog which would make the marking
buoys invisible or would tend 20 con
fuse the warning notes OF automatic
bell and whistle markers.
This cable is but an additional
protection for shipping entering Ann
erican ports. II supplements the
radio compass Installed and operated
by the naval communication service
now In successful use all along the
Atlantic coast. by the compass.
ships can ascertain their exact post
tion IN any kind of weather An
other protection recently tried out
by the navy department is n machine
for determining depth OF water and
proximity OF other ships through
the readings OF sounds from tho
the propellers reflected back from
the bottom or nearby bodies
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15
Another Instance of
'Tulsd's Characteristic
KiRdLiness of Heart


The people OF Tulsa are the
,,ost tiborai With their nonov and
,.,-. -, -,
inc kinueAt hehrt'u OF MY l INV
met In the United Statcs,' nays
Mira. G, 8, Rose OF 2Glb East
t.,,.,h .,,o.t Nm p,ac ,yb, bns
'"' u" ",
dohe nuoh 70 hcIp pcoplc III "'H-
tr,ss, both financially and spirit
u,liv made this remark a few DAYS
- o.. -. "a -. 90, .,,.,,,,i
"N' '''' ''''
through iho columns "I m" N"i'd
fur FUNDS to help the family ~
Me- NJ r. Cook Nra Conlt will
b., ro,r,rLor.d ua Tho widow
utr1r n,t, con had b,on uff.rlrg
, ,,,r from rbrufnptI4u following
~ ..., 80 .g,ri,, f.,,r
Mo p,s, .,ys trpf nancy was.
..,t and L,orI.bt a. nor d.. Inc
nom, .vI, had tn mako sacrifices
T., gi,, "a dollar. 1s vol "a. ~, tho
,,,IItb, who ro,. literally from
th, tipdpcso ~ tn.ir hearts The
tnrp,v r,ur quI Vae pIyon 20 Mrs
go,D and IA, bpy ,y.,s srui nway
f,, ,r,,iprnf
prsld,s IN, uonc. thnt vyos acut
t,r,. rhyslyiyus called Nrs Rose
49, tbr tetrpbnn. and altered
u,rlr s.r,lcra ono rhygiciln said
ti,.t bc mad. A., snrgi,ltv pf curing
rh,ur,ltl.m and that ho would
rurnIsb thc medicine ana front the
hr, srnc OF nh oypouse. Another
rb,glrltu offered fo take tho boy
io bis hospit,i and front him.
Nra posc tells ~ ono woman
,,bn ,1fl,l ia s,p h.i.. tho dav after
thr atory ,,ns pub.Ishcd Tho
,vonnn voyc nor a.. saving that
shc wanted 10 giyc more but II
y,os nil sbc had Mrs Rose learned
tbpt she made n living by baking
cnkes for one Of the Ton rooms Of
Tuian
several neoplo cont checks and
money through Tn. mail one wo-
man sent three ono dollar bills,
which sho had collected from her
frienda she stated in her lcttcr
that shc was moor, but she wanted
10 holm with her mite. In the let
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15
REGULAR STUNTS
BECOME TAME
Two Daring Aviators Try
New Feature Of Freak
Flying

WASHINGTON, Aug. 14.--hrmy
aviators have long since ceased 10
get many thrills out ~ tho routine
or oven "Runt flylng but an cx-
rcptiou should be made in the case
of two scrRenn's who recently got
out to break tbo worlds altitude
record for parachute jump at Nc
cook n,ld. Dayton. Ohio, according
To an air service announcement Tho
men were Sorgcduts strong - Ma
dan and Ralph Bottroil
Tho scrRoants, without iuiimntinE
the nature Of their objective, took
the air in t,c Perc two-Hoatcd
plane, with MADAM az the pilot and
Buttrcu wearing "a standard army
parachute oi the doublo-pnok type.
After flying for an hour. th" plane
hnd reached an altitude ~ 2O.GO0
feet and Sergeant Botireu started
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15
HELD ON FEDERAL CHARGE
Negro Found in Possession Of Still
Win Have Hearing at Muskogcc.

Louis Wren, a negro arrested in d
house north of Mohawk Thursday
by county officers after tho latter
discovered two distlling outfits In
one room Of the house, was taken Ia
charge by federal officers ycsty rday
and is held In the city hall for ar
raignment before tho United States
comm issioner at Muskogec.
A warrant charging manufacture
OF liquor has also been Issued Tor
Nj G.. nm, a negro now hold In the
county jail on possession chargg
under the state law il Is claimed
Inn owned the stills, as they were
found In charge Of Wren on farm
leased by Ifill.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

For cxtlngulshing fires in oil. gas
oline or electrical apparatus whore
water cannot he used "A German has
invented n device from which COM
pressed air elects Jet OF q flame
pmothering powdcr
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

OF the Central American republics.
with an area Of 49,-O0 square miles
IL ranks fourth in population, haUr
fewer than coo. 900 inhabitants.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

straightcncd out and made n perfect
landing without further damage 10
his machine.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

water fowl and other migratory
birds are to be trapped, marked
with leg bands. released and trace,
hy n United States government bu
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

reau to study their routes, speed and
motives ot travel.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-15

Although Nicaragua is the largest
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1920-03-15
INCOME LAGGERS
HAVE FEW HOURS
LEFT TO PAY UP

There will be weeping and
wailing and crashing Of teeth"
quoth N. g. Colwell, who conducts
the local income tax collection Of
nee after IL o'clock tonight, when
number Of taxable income pos
SCISSORS will ind themselves In the
lurch. There are penalties for de-
linquents. and people who don't
pay their assessments today will
be subject to those penalties. Tell
'em to remember that there's no
hope for escape Of persons who
earn taxable incomes"
This is the last day in which in
come tax assessments may be paid
without an attached penalty. The
returns have come in slowly dur
ing the open period. For this rea-
son it is thought that there will be
some delinquents in this district.
Filing was heavy today, and the
day was big one for the income
tax officials. They anticipated an
even buster evening. Many peo-
pie. they find, prefer to defer pay
ment as long as possible. their OBJ
iect being apparently. as the gen.
eral deputy said today, ito stall
along and pretend they can escape
the tax"
At IL O'Clock this evening tn, Of
fee will be CLOSED. After that time
all remaining asSpsSmonfs will he
increased at a rate fixed by the in
come tax law.
The money order department OF
| the postoffice will remain open I'M
til midnight to take care OF late TAI
filers.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1920-03-15
CARRY WEAPONS
AND ARE FINED
RevOl1ers Taken From Axel John.
son and Albert Matausch--
Three Others Arrested.

Saturday night proved an excep-
busy time for the Rock Is
land police, considering the few
of the past few months.
Five men were arrested on more
or less serious charges. Alex
Johnson and Albert Matausch we're
arrested on Twenty-first street be-
tween Third and Fourth avenues on
charges Of carrying concealed
weapons.
Both men married .32 calibre re-
volvers. They were arraigned be-
fore Acting Magistrate Joseph P.
Kelly in police court this morning
and fined $25 each.
A. NJ. Bragg, alias Zip Huntley,
was arrested on Third avenue and
Twenty-first street by Patrolman
John Furlong. His wife, Mabel
Bragg. appeared against him this
morning. The defendant is said to
have been intoxicated and to have
raised a rough house. He was