davidaulloa/AmericanStories huggingface dataset:
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23
VOLUME XXXV1
COX AND WILSON
IN HEARTY ACCORD.

Washington, d. c., July 18.--Presi-
dent Wilson, following his conference
with Governor Cox, Democratic pres
idential nominee, today issued the fol-
lowing statement:
"The interview was in every res
pect most satisfactory and crafty
ing. / found what / indeed already
knew, and what Governor Cox has
let the world know in his speeches,
and he and ! were absolutely as one
with regard to the great issues Of the
league of nations, and that he is
ready to be the champion in every
respect of the honor Of the nation and
to secure the peace of the world. Gov.
Cox will have the vigorous support of
an absolutely united party, and, am
confident, also Of an absolutely unit
ed nation"
D. Gov. Cox's Statement said:
"From every viewpoint the meet
ing was delightful. The president
was at his best, recalling any detail
inquired about as bearing upon the
international situation and enlivening
the whole conference with humor-
GUS anecdote now and then in his old
time characteristic way. We are
agreed as to the meaning and suffi-
cheney of the Democratic platform
and the duty Of the party in the face
Of threatened bad faith to the world
in the name of America. His thought
is still of the war and the pledges we
made those who made sacrifices. One
easily sees that as the leader Of the
nation who asked for our sons and
our resources upon very distinct un-
derstanding and obligation, he is re-
solved that the faith shall be kept To
this his thought and life are dedicat-
ed. What he promised / shall, if
elected, endeavor with all my
strength to give"
Mr.. Roosevelt's statement said:
II wish that every American could
have been silent witnesses to the
meeting between these two great
men. Their splendid accord and Their
high purpose are an inspiration. j
need only add that my regret in leav-
ing my post under Pres. Wilson is
softened by the knowledge that my
new commander-in-chief will be his
worthy successor"
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

By the good old Democratic pray
ers, we hope to be forgiven for vot-
ing for Roberts and Shields in the
primaries of two years ago. We
would not even object to a few sup
plications from good Republicans in
our behalf. Still, We think there
ought to be some degree Of punish
ment Cor some treatment) to prevent
recurrence Of such an offense.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

Jackson and Madison county are
roine to resent tbe oQtraes of NOV
ing the Supreme court from Jackson,
in defiance Of the plain words Of the
constitution, in the gubernatorial pri-
mary Of August 5. The people Of the
county and city indicated as much by
the rousing reception given Col.
Crabtree last Saturday.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

A certain governor Of & coffain
state whegs femsle srffssee xi' !
on beng asked about its effects, said,
Well, its all right for the Democratic
party in this State and for me, for
they elected me, but IT'S HE'LL ON
THE WOMEN" Put that in your
pipe and smoke it, you former female
slave.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

W edo not propose to be infalliblt
since we voted for Roberts over HAY
and Shields over Rye two years ago-
but we are going to try to do. batter
in the future. II
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23
FOR RENT AT HINSON SPRINGS

One seven-room house partly fur
nished. Will rent as whole or by
room.
Also one four-room house.
R. L. McCULLEY.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

A member Of the County Equali-
zation Board says the boards final
showing in the county will be some
$4,000 less that the total indicated
by the s'proof" taken by the State.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

Ii stays on-made RlGHT-so
niee-Elk Liquid Whitening, pink,
flesh, white.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

Vote for Crabtree on August 5th.
The Lexington progress. (Lexington, Tenn.) 1884-current, 1920-07-23

Continued on second page
New-York tribune., 1920-01-09
Some Good Investments

Question-Would appreciate your opinion
on my holding some Of the following bonds,
which We're purchased long time ago: Ar.
mour & Go. real estate 4 1as. New York Tele-
pnone 4Hs. Pennsylvania & Erie mortgage
rs. Central Leather 5s. LehiRh Valley COL
iateral "a 6s. American Smelling Us. Central
naliroad OF New Jersey 5s have enough
money to purchase three more securities. and
lam am thinking Of buying one New York Ciy
pond, Atchison general Is and the Citv nf
irhiladelphia :. 4l2s. If you approve of the
last s three. What issue of the New York CITY
ponos would You suggest, and where can
.oy nuy the Philadelphia bond? I cannot find Il
listed-J. NJ '''o' ''''u ~
Answer The bonds you are holding
are are good in every respect at the present
lllne; and we might say that If more
people were willing to forego a high
rate of interest and purchase such Sc
curltles as you have purchased there
would be far less unrest among in
vestors than there is now The securi-
ties you suggest purchasing are rood
Investments. The New York CITY Az
per cent bonds Of 1867 to 1867 offer the
best yield, slightly better than AZ per
cent. Any New York Stock Exchange
house whose advertisements appear in
Inc Tribune will purchase you a Phila-
delphla bond, we think.
New-York tribune., 1920-01-09
Belgium Negotiating
$25, ZOO, 600 Loan Here
Terms of. New Note Issue Will
Give Chance of Profit in
Foreign Exchange

Negotiations are nearing completion
which will take care Of Belgium s
financial needs for the first half Of
this year, it was learned yesterday.
That country is to get $2b,ooo,oo
loan here through the sale Of notes,
which, it is understood, will run from
three to five years. Although announce
ment of the terms will not be made
officially until next week, it can be
said that the coupon rate will be
per cent and the notes will be offered
at a. price to yield approximately 61a
per cent The terms Of the loan will
be such as to ,give the American in
vestor a speculative interest in tho
notes through offering the noteholder
additional profit in case Belgian ex-
change moves toward the normal before
the date of maturity of the issue.
Moreover, it is said that other ne
rotiations arc under way to finance the
purchase Of railway equipment by the
Belgians by means Of advances from
the War Finance Corporation, as was
done for the Poles. The money raised
by the note issue will be used mainly
to pay for foostuffs purchased in the
United States.
In the late spring the sb0,ooo,0o &C.
ceptance credit granted to Belgian
banks by syndicate Of American
financial institutions will mature, but
it was said yesterday that it would be
taken care of in way that would not
"prejudice the investment market"
New-York tribune., 1920-01-09

Information


In this department The Tribune ,rill
thTow the light Of such Information
as Is at its command on tho invest-
ment problems of its readers. The
utmost care is used in the compila.
taon and presentation of such IN.
formation and we believe it to be do.
pemdable. But we wish especially to
emphasize tc car readers the fact
thot nes0 developments of such in.
portonce as to greatly chaxpe tho
stGtns OF a security are constantly
taking place. Therefore, as matter
V seu-protection, the investor should
make it point to keep in close touch
w.th the afcirs of the companies
whose securities he has purchased
end aoith general Developments bear
sng upon the value of such securities.
CONSTANT watchfulness Is the best
ssateguord the investor can possiblv
Questions OF general interest to
anvestors aoiU be answered in this
co!tiumn, an aUhick case oniy initials
0'" De used. Others 1cilt be an
swered by mail Addvese all im-
qnar'es, amclosfng a STAMPED. ad-
ayessed envelope to Financial Editor.
Jhe Tribune. 164 Nassau Street, New
York City.
New-York tribune., 1920-01-09
Canadian Pacific and Others

=; Question-WiIl you please advise concern
ing m security for investment of Canadian Pa
phone phone and Telegraph 5s, 1928 and do Is
i924 also Banks Oil Company? Any in
formation you can give will be appreciated
ny longtime reader Of The Tribune
Answer-On account Of the large
earning e. power of the Canadian Pacific
railway. the per cent bonds of 1925
are entitled to a good rating. The
American Telephone and Telegraph {
per cent Of 1923 and the per cent OF
1924, while probably secure enough, are
not entitled to the rating of the Ca
madam Pacific. The company has done
considerable financing Of late. and al
though we are told that the dividends
on the stock probably will be main
tanned, nevertheless the margin Of
earnings over dividend requirements is
not large. Banks OIL stock cannot be-
considered anything more than specu-
lation.
New-York tribune., 1920-01-09
In the Prospective Stage

Question Kindly favor ME with your
opinion on the Quilted States Bag and Bur.
lap Company offered on subscription BY
kaufman Spanier of AZ New Street
d. l..
Answer United States Bag and
Burlap Corporation, whose underwrit-
ers are Offering $40 stock for 1880. is
recent organization. Incorporated in
October, 1919 The circular statev that
the company has acquired the business
and assets of two concernY amounting
to S158,00O. and that the present Offer
ing Of 10000 shares at $3.50 per share
(S500,00O) will be used to provide the
company with sufficient cash capital to
enable it to take advantage Of the ex-
ceptional demand for burlap bags.
While profits are shown to have in
creased over year period neverthe-
less we cannot find any statement re-
garding the financial condition Of the
two companies acquired. The stock is
in the prospective stage. We do not
know any sound reason for purchasing
a $40 share for $3.50 before earning
power has been full demonstrated.
No Need for Hesitation
Question-Wll you kindly give me your
advice as to inves tnent OF $4,000. | wish
it invested as safely "a possible and do
not wish for a spccuation.-J. j. P
Answer-If you want to invest your
$1,000 as safely as possible, there is
but one security to buy-any one Of
the Liberty Loan issues.
New-York tribune., 1920-01-09
No Need for Hesitation
Intervals VS.. Externals

Question Will you be good enough to en-
tighten ono cf the comparatively uninitiated
with respect to the taking advantage Of the
foreign exchange situntion by buying British,
French or Canadian internal honda? In
what way does the buying of Intervals differ
from the buy.ng of externals as far profit
ing from y, the exchange situation is con-
cerned? Will .extcrnals and Intervals be
equally as readily salabe in this country
One sees euoted IN the paper. for instance.
"'C,anada, Dominion Of. 81. l921--97as." "
When the foreign coin comes back to its
normal value do | understand that this quo
t4tion will be changed to q point cons .derably
above 100? In what way viii the increase
in value of the bond, caused by tho foreign
coin coming back to it's level. be shown in
the quotations? What particular bonds do
you recommend for this purpose2 Is this. a
better method than the straight buying of
francs or pounds. for one who believes in
i. T. /. "''' 'e'upe'a''0" Oh '"eSe countries T.
Answer-External loans of nations
are those foated in foreign countries,
payable, both principal and interest, in
the currency Of the country in which
the loan is floated. The bond you men,
tion, the Dominion Of Canada per
affected in no way by the exchange rate
between this country and Canada. Such
bonds as these sell on an income basis
in conformity with the security. They
are payable in American dollars.
Internal loans are, of course, payable
in the. currency Of the nation issuing
the loan. Thus. when the exchange
rate in sterling drops to recent quota
tions, one may establish credit in
London and with that credit purchase
British internal bonds. If one may
purchase a pound sterling in normal
times for $4.875, and at the present
time for $3.75, you may see for how
much lower in price such bond, or
for that matter, anything in England
may be bought now If exchange
sells more toward normal, these bonds
will naturally rise in price, assuming
that there are no other factors. And
the price will be reflected by the price
Of exchange. 1t does not appear likely
that there will be as good a market
here for internal loans as for external
loans, that is. the market will not be,
so easily available. Any of the in
ternal loans of Canada, Great Britain
md France appear to offer good specu-
lative investment opportunities, and it
would appear to be wiser to purchase
bonds rather than foreign exchange.
For you would be receiving an income.
and IL you believed exchange would
work higher, you could keep your cou-
pons and cash them in at any later date
at the current rate Of exchange.
New-York tribune., 1920-01-09
Swift & Co. Make
$13,870,181; Sales
OF $780, 100000
Head Of Packing Concern
Urges Employees to Go
Into Debt to Buy Com
pany's Securities

CHICAGO, Jan. S.-Shareholders of
Swift & Co. resent any implica-
tion Of profiteering because the charge
is untrue, Louis f. Swift, president
said in his address at the annual meet
ing of stockholders here this after
noon. The company's financial state
ment, he declared, makes this plain.
Total sales Tor the fiscal year ended
November l, 1919, were over 81 ,200,-
100000, compared with approximately
the same amount in 1918. Net earn
ings after Federal and foreign taxes,
however, We're only $13,S70,1S1, a de-
crease of $7,287 ,096 from the preceding
year. Last years surplus was equiv
alent to 90 per cent on the $3.50 000,-
cent in the fiscal year ended Novem-
Der 2, 1918. The report stated that the
1919 balance was equivalent to lis
cents on each dollar Of sales, one-quar-
ter of a cent pound on all products
shipped, and 3-5 per cent on the
average capital aud surplus. The bal
ance CARVED to profit and loss last year
was $3,s06,721.
Willingness Of Swift &; Co. to divorce
itself from holdings in public stock
yards, stockyard terminal railroads and
stockyard newspapers, in conformity
with the agreement with the Depart
ment Of Justice, was expressed at to-
days meeting.
Employees we're urged by Mr.. Swift
to get in debt for the company's securi-
ties, and "yhen they get out to get in
debt again" MANY employees have
told me-" he added, Chat going into
debt to buy Swift & Co. stock was the
best thing they over did financially;
that it has been the means Of their
acquiring a permanent investment re-
turning a reasonable income that they
otherwise would not have had"
Announcement of the retirement Of
r. S. Hayward as secretary of the
company was made at to-day's meet
ing. He is retiring from business after
having been with Swift & Co. for the
last thirty years. 1t was also announced
that new department Of employees
relations had been established, under
the direction of John Calder.
New-York tribune., 1920-01-09
Foreign Govt. and Municipal Bonds
(lnterest TO be Added)

Bid. Asked
Anslo-French Extern IS. 1920. 96lx 963s
Argentine Intern 5s, 1876 80. 705z II
Canada, Dom Of. 5s, 1S21... s7% IS
90 1926 Observation-Disclosures. 90 93N
~, 90 1881 ::.:............. 91ss 91E
Chinese Gv Hu kug Ry 6s, 1851 81 S.
Cuba Extern IS, 1914. ...... so 90Z
do Extern 5s, Ser A, 1949.. 84N 81
do Extern Avs, 1949. :. 49,. 74ss rs
Dominican Rep 5s, 1884,. 81
City of Lyons 15-yr 6s, 1884. :. 92s. 92x
City of Marscilies 15-yr Is, 1894 92Ss 99E
City Of Bordeaux 15-yr 6s 1884. 92I 92ss
City Of Paris s., 1921. ..... 92% So%
Jap Gov AIS. string In. 1926. 81 s"
DO a1as, I'd ser. 1925. ...... 797t S29s
do IS. sterling In. 1931.... 20 7O%
City Of Tokyo 5s. 1862 ..... 5S1a 60
y e b-yr b4as, 1921. 96?4 967s
20 Scyr o1ss. l922: ......... 95 96Z
DO l0-yr !as. 1929; ........ 95N 05ia
do 20-yr 5i2s, 1897 .. 80 90iz
Mex Extern strl IS Of '90, 1916. 40ls A.
do Extern gold 4s of '04, 1854 80 4l7s
New-York tribune., 1920-01-09

cash dividends arc payable January 81
to shareholders of record January is.
The stock dividend is payable to hold
ers of record on February 5.
Samuel P. Colt. chairman Of the
board. announced after the directors
meeting that the volume Of sales and
the net earnings Of the company for
1919 were the largest in its history.
Mr.. Colt stated that at the close Of the
year the company had no outstanding
notes or obligations other than cur
rent accounts and acceptanccs neces-
sary in the conduct of its business.
Cash in hand, he said, was over S15,-
100000 and $2,0O0,ooO of Liberty bonds
we're in the company's treasury.
"Ihe very substantial enlargement
Of the company's tire plants at Detroit.
Indianapolis, Hartford. Providence and
Kitchener Canada. now in progress"
continued Colonel Colt. "will, it is esti-
mated. when completed moro than
New-York tribune., 1920-01-09
Financial Items

Hornblower & Weeks and B. j. Van
Yngen e. Co. are offering Jersey city, N. j.,
per cent temporary wator and pipe line
bonds to yield over 4.75 per cent.
A syndicate headed by Brown Bros g.
Co. and W. II. Compton Co. has been
awarded tho $l1. 100000 city OF Chicago
20-year per cent bonds mt it's bid OF 93E :.
The annual meeting Of stockholders Of
the Chicago g. Alton Railroad Company
haa been adjourned TO February 10.
n. A. IAasos has resigned as vice-pres
dent and general manager OF tho Home
OIL Refining Company OF TexaA
Tho Bank OF British West Africa has
opened branch offices at BekwAi, Gold
Coast; punkws. GOLD Coast. and Duala.
Camero0nG
Ths nav Issue OF 5000. 900 state OF
Louisiana Port Commission 6 per cant
January, ! a.. to ia%s. inclusive. which
was offered by syndicate headed by tho
William u. COMPTON Company and Haiscy
stuart c.. has been ovcrsubncribcd.
New-York tribune., 1920-01-09
Paris Market Quiet

PARIS, Jan. S.-Trading was quetsr
on the Bourse to-day. Three per cent
rentes. So francs Exchange on London.
AZ francs 5 centimes. Five per cent
loan IS francs 40 centimes. The dollar
was quoted at II francs 1914 centimes.
New-York tribune., 1920-01-09

double the present volume Of the prod
vet of tires. The work is being pushed
forward with all possible dispatch, the
cost thereof being paid from current
funds as the work progresses.
"The outlook for 1920 Is most pro-
pitious. In the absence of unforeseen
unfavorsble events. the volume Of busi-
ness should be materially larger in
1920 than in 1919, with corresponding
increase in profits"
New-York tribune., 1920-01-09
NEW ISSUE
100000
Oriental Navigation Company

Oriental Navigation Company
First Preferred so Cumulative Sinking Convertible
5000 Shares Common Stock without Par Value
Dividends under
Offered in Blocks 1o Shares Shares First Preferred at $1,000
@ % q % % % s : s.. " ;: :s.~ % s:s:' s:s.s . @ s;
% % % ' s @ % @ :s, ., : s::
Second Preferred Cumulative Stock
Common Stock atu Shares Shares
% @ s M .. rs ss : s : Pr: .s::: :::
Of the Navigation Corporation which hs.
Steamship business with
operating
Stocks now offered will b. placed
n he neasuyof Of the Company - ~ - ~
The feet Company ship.
steamships 5000 tons aggregate eans % @ & M aa.p to 0a1s o Nv Two steel ts
SIX shs !ssoo to are owned four ships (2oooo
+ general cargo traffic with tn.
Arsnan RepubN France and Mediterranean
by the excess
to uttandng
Net deduction o a
First Preferred Stock dividend
estimated hal nine mesh
for rsrmlann
FIRST Preferred Stock outstanding
stock
hcaons No c
of
outstanding -
properly equipped
w @ @ p 3 suas s WORKING @ % sapa & efficient psa.x af and affiliations
Il prosper business
cwauhrw o Request
Fl VI. Byllesby & Company
New-York tribune., 1920-01-09

Frank Huxley jr.. for the rss. ten
years associated with J. X. Rice Jr q 20
has been admitted TO tho firm.
New-York tribune., 1920-01-09
u. S. Rubber to
Pay l21/2PerC Cent
Dividend i'm Stock
Sales and Net Earnings
of Company Sc. a New
High Record in 1919:
TO Double Tire Output

An extra common stock dividend Of
i23a per cent, equal to $4,000 900. was
declared by the directors of the United
states Rubber Company yesterday, in
addition to the regular quarterly cash
of 2 per cent on the
common and preferred issues. The
The Denver Jewish news., 1920-10-06
PROMINENT LEADERS TO TOUR
COUNTRY FOR JUDAISM.

y flying squadron OF one hum
drcd prominent Jews, business men.
Eaiikcrs. educators. and philantlrop-
lists. headed by Julius Rosenwald.
Mortimer l.. Schiff. Congressman
Julius Kahn. and others OF internal
tional note. will start on November
18th on forty day tour of the prin-
cipal cities of this country to bring
the message of rcjuvenated Judaism
10 the Jews of America. and to talk
Of the aims of the Union of Hebrew
Union Congregations. TO revive the
spirit of Judaism. The flying squad
ron is the first gun in a S3,500.0N0
campaign which is being launched by
the Union for the support of the He
brew Union College at Cincinnati. for
the extension of synagog activity and
Jewish education turnout the country
and for the protection of the Jews
civil rights turnout the land.
Two hundred cities are included in
the itinerary of the flying squadron
AMI every state of the union from
California to Massachusetts will he
covered. Montreal will be visited in
December. Mass meetings will he held
lin everv citv Those meetings viii, he
purely educational and the foremost
Jewish men of this country Will set
forth the spirit,oI needs of Israel in
America. appealing, particularly to the
yn,u- neonIe of thu. Jewish fuitu TO
rcviye and restore Judaism and to help
law and Geutilo to . realization Of
The Denver Jewish news., 1920-10-06

public sentiment or Legislation into
II state of unfrienllinesss to the Jew.
The Jewish problem in America, as
elsewhere. is u problem of preserv
ing the Jewish contribution to the
worlds thought and feeling through
the survival of the Jew. The Jewish
problem is therefore ~ tiireefoid prol'-
lem embracing education. protection
and organization.
The lew AMI !lOn-1ew must I've ed.
ucated to. appreciate this contribu-
ton. Jews need to be organized into
religious communion. We are still
organized as II fraternity. Our prop
uganda is to- awaken Jewish spirit in
America, to revive interest in tiie' He
brew religion and thought. so tint
our people, particularly the young
people, may understand and love the
faith of Israel, and America may ap-
probate Gsrlers enrichment of her
life and ideals"
The Denver Jewish news., 1920-10-06
MON HOME STUDY MAGAZINE

The Union Home Study Magazine.
published by the Department of Syna-
cog and School Extension. is almost
the sole means of religious instruc-
lion for maly Jewish children in iso-
lated districts of the country, and
supplement to the text books used in
religious schools. The Home Study.
always containing wealth of NATE
rial, has this year assumed even
greater proportions both as to size
and Instructive reading matter. 1t
low has eight pages. having added
four since last year. and is receiving
interesting contributions for young
readers, written by lrrsons well
who are pupils of religious schools
are now as numerous as those who
reside in undrganized farm districts.
The September issue of the Home
"Rosh Hashanah.'' "Yom Kippur."
The Scapeg6at" and "Kol Nidrc."
The Midrashic Tales about the Crea-
ton of Woman and about "Gamliel
and His Slave Tobi." are told. Other
features are articles. .'Why We Should
Read the Bible" How the Bill lie
Has Come Down to Us" about Der.
Lard Baruch and Albert Einstein. an
anniversary biography of Moses
McndclsOhn. n story entitled The
Borrowed Garment" poems and the
introduction of the Home study Club.
in which young readers may enroll by
answering questions appearing in the
Magazine. appertaininS TO the various
stories. There are ten illustrations.
The following are the contents of
The current issue for October .:'Abra-
ham, the Idol Breaker; History Of
the Bible Translation" four Talmu-
die Tales: Biography OF Sir Moses
Ezekiel: a story. "a Friend of
Court: "a Succoth Hymn" discus
sions under Current Topics about
Sir John Monash and .Inscha Hell
fctz, and special articles entitled
THANKSGIVING" ''Thc Huts.'' "1;hc
Symbols THE Torch Dance"
Choose Your Plant and The
Sculptor and the Rabbi