davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
lille LEADS WORLD IN
EXPECTATION OF NITRATE
$4,000 Tons Shipped From south
American Country to Europe
During February.


VALPARAISO. May S.-The Asso-
ton of Producers of Nitrate have
de public certain statistics con-
ming the consumption OF this pro-
It, which is the principal article
deportation Of Chile.
n the month of February there
8 on hand in Europe a stock of
rate OF 100000 tons. and during
5 same month there was imported
o Europe $4,000 tons. or this
al of $4,000 tons there was de
red To the consumer during Feb
ry total of $4,000 tons. which
ION hand for the month OF March
otnl Of $4,000 tons.
he visible supply of nitrate
ches 100000 tons. composed rs
ows: 1.252,0O0 from Chile. 49,. 900
Europe, 277.000 in the United
tes.. and 1000 in Japan and Other
TO the $4,000 tons imported by
siSn markets during February
IRE should he added 1880 tons
! ls-shipped in the United Kingdom.
s gives Il total for imports in
,ruary of $4,000 tons. The dis
,ution of these imports was as fol-
s: United Kingdom. 1000: France.
90; Belgium. 21.500: Holland. 90
/ Spain and Portugal, $4,000: Italy.
90; Scandinavia, $1,000: Egypt,
Q; Germany and Baltic ports,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
RICHMOND, VA, SUNDAY, MAY 8, 1920.

ncient reasons. One was found In
the technical condition of the market
ton.
The New York Stool, Exchange has
decided 10 begin a campaign OF cdu-
cation TO teach the people and Con-
Ercss that an exchange Is necessary
the investor.
The Mexican situation 10 fuI, of
bullish possibilities AS readers of
TINS column well know, stocks OF
Mexican oil companies have never
SOFA Tor more than "a fraction OF their
intrinsic value provided the world
could be assured of the safety of the
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
$4,000 MILES is RECORD
OF SINGLE INNER TUBE
Twelfth Puncture Doomed ServicenbIe
Tube 20 junk Heap After Four
lcQrs' Run.

Inner tubes that are properly cared
Tor have great many more miles
o! service in them than the average
motorist gets out or them.
X. Is. Helphenstinc. Jr.. of the
United States Forest Service, has lust
laid aside a tube which has given
$4,000 miles OF continuous service,
covering nearly five years use on
three different ears.
The tube was used on the first car
in 1915 and Travelled $4,000 miles.
In 1917 IL was transferred to sec
ond car and gave $4,000 miles. In
1919 Il started work on the third car
and gave 1900 miles before /; was
punctured for the twelfth time
Mr.. Helphcnstine. in writing to the
United States Tire Company. praisIng
the tuoc. said: Il am merely we'll
satisfied customer who desires 10 pass
along his appreciation of "a product
that has given good return for the
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
MEXICAN STOCKS BREAK
DEADLOCK IN MARKET
Lead Wall Street, With Best OF
Oils and Stccls, I'm Enthusiastic
Rally.
DY BItoADAN WALL


NEW YORK. May S.-Thc actual
oank statement today showed surplus
decreased s25.iil.52O, loans decreased
Si2.I00,000 and net demand deposits
decreased s59.9l3.000. The average
Sthtment showed surplus decrease
sllll.7G0. loans increased si0.50l 900
and net demand deposits decreased
kl6S1l.000. The local Federal Reserve
Bank showed ratio OF total reserves
10 deposits and Federal reserve notes
combined OF ii.i per cent. compared
with 1919 II week ago.
Enthusiastic stock Rnlly.
Stocks closed in the midst of an
enthusiastic rally under the leader
snip Of the best Of the oils and stceis.
Pan-American. Mexican Petroleum.
Royal Dutch and United States Steel
were the features OF the day. This
advance Of the market followed an
early period Of extreme dullness.
There was no life at all until about
the ;niddle OF the second hour. Then
the Mexican stocks broke tho market
deadlock. The short interest took
fright and found that selling orders
lad been withdra
RcHsons for Advance.
For the advance in tho market to-
day there were two distinct and suf-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09

propcrties--safety from coniscation
and confiagration.
" May Result In Safe Conditions.
IL appears a; last that Il revolu-
tion Is in progress in Mexico that
VIII result III safe conditions for
AMERICAN capital invested there. Re-
lying on that the leading companies
are drilling new wells in large num-
beers. These wells are being nut
down in proven ground. so that IL is
only question OF going a known
number OF feet to bring in large wells
Two companies have already an
nounced oil. one with n well of 10000
barrels day and the other with 75.-
Continued on Tenth Page)
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
WORLDS MOTORCYCLE
RECORDS SHATTERED
Gene Walker and Herbert Mcbride
Make Fast Time ut Dnytonn
HcnCh

All existing professional and ANA
tenr solo records for the kilomcter.
mile, two miles and i've miles were
coHp letely annihilated at Daytona
reach, Fla, when Gene Walker and
Herbert Mcbride shot their Indians
over the sand on April IL. 10, Il and
To- walker covered the kilometer
IN 1852 seconds, or at the rate of
ll5.L9 miles per hour. His time for
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09

Is also evidence tina: now. when
weather conditions seem improving
ana warmer temperatures are ap-
parently at hand. fair snare OF the
responsibility for the past and pres
en-; quiet Is being placed on the cold.
back ward spring, which has held
down sales of spring and summer
icbrics. Weekly bank clearings
sS.TsO.Sl2 900"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
Hotel Contract to he Awarded.

WAKE FORREST. y. c, May S.
President r. w. Warren. OF the Wake
Forest Hotel Co, recently incorpor-
a;cd here, announces that the plans
have been completed for the erection
OF "a fourstory brick hotel here TO
have Sfty-siN living rooms. drug
store. a barber shop. sample rooms
100000. possibly more. The contract
';or the construction is ye; 10 be
ava rdcd
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
.-RADE IS TAPERING OFF
servntfon on Part OF buyers and
backward Spring Calls n Halt
In IInsiness,

h"cNWhru spring Calls n Halt
In Iusiness.
JEW YORK, May S.-Bradstreets
Fly says:
Il further tapering off of trade and
!strial activities Is rcportable this
<. Retah trade, especially In
ections seem to he least favorably
ated. ranking Only about fair.
la wholesale and jobbing trade is
qnieter and there Is noticeab BILE
ing or the pace In manufacturing
Cor the quieting In retail trade.
fpt IN tho mail order line, which
l'atism as, regards high prices
les in for chief mention. but there
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09


scrvan rooms aboy
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-05-09
I.uys on Grace Street

intentions of locating on Grace Street
j. q. koble has purchased the prop
erty. .2l3 East Grace Street, and Will
shortly begin remodellinS to meet
the requirements Of his business
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1920-09-02
ST. JOHNSBURY
Local News

"A Broadway Cowboy will gallop
into St. Johnsbury and make his
headquarters at the Please L We'd
nesday and Thursday. He halls from
the Cav White Way, and he is bring
ing with him all the color, gayety, TO
nance and merry laughter that radi-
ates from the street of sparkling
lights, jazz bands, and beautiful girl
les. Don't think of missing it,
Write T S Hartman, st Johnsbury
for premium list Of the Caledonia
county fair, Sept IA, Is and Is, and
enter some of your products for a
premium adv
The remains Of William Thomp-
son of Brooklyn, N Y, will reach
st. Johnsbury Thursday afternoon
and be buried in the family lot at
Mt. Pleasant cemetery. Mr.. Thomp-
son was hurt about six months ago
and never recovered from his inju-
res. He was % years old and a
native of Lancaster. He was the son
Of the late Daniel Thompson and was
for sometime in his fathers machine
ship in st. Johnsbury. He is brother
OF Mrs. f. N. Randall
a. E. COUNSEL & Son are today
five carloads Of silos.
The village trustees have received
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1920-09-02
ST. JOHNSBURY LOCALS

Rev. DR.. James s. McGaw will give
public address at Grace Methodist
church Friday evening at eight
o'clock 10 which the public are cordi-
ally invited DE- McGaw is the field
secretary Of the National Reform
association and is one OF the strong
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1920-09-02

which recently appeared in the John
Martin Magazine has been reprinted
by Lyon & Healy of Chicago in an
attractive booklet as d part of their
advertising campaign.
Mary Miles Mnter, Star Of 81
pictures at IS, likes "A Cumberland
Romance best OF all. The Globe
presents this splendid attraction to-
night. The story is an adaptation of
x Mountain Europa by John Fox,
j., who wrote "Thc Little Shepherd
Of Kingdom Come and "Thc Trail
OF the Lonesome Pine Miss Mintor
VIII be remembered by picture lovers
aat he beautiful Titles tar of "Anne
81 Green Gables" "Judy of Rogues
Harbor." "Nurse Marjorie" and
Jenny Be Good"
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1920-09-02

able them to make the much-nee1ed
repairs on ouI streets.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
KILL 800 IN GUATEMALA
Adherents of Cabrera RuthIessIy Slain
In Homes by Victorious
RevoIutionists.

San Salvador, Republic Of Sal
vador, April 2S.-Men, women and chill
dren to the number Of 800 were killed
in the recent fighting in Guatemala
City during the revolt which resulted
in the overthrow of President Manuel
Estrada Cabrera, according to the lat
est advices received here from Guate-
mala. Numerous adherents Of Cabrera
who remained faithful to their chief,
were killed IN their own houses, the
advices say. Many Guatemalans who
fled from the country are returning
and are being received with enthusi-
asm. Guatemalan refugees here re-
Gently sent a communication to the
new president Of Guatemala, Carlos
Herrera, who led the revolt which
ended with Cabrera's downfall, asking
that Cabrera be tried by competent
court. President Herrera, in reply,
declared that his government was in
favor of trying Cabrera in the Guate-
malan courts.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
LLOYD GRORGE GIVES
ACCOUNT OF MEET
Tells House of Commons That Allied
Farley Pleases Members of
the Convention.

London, April 3O.-Premier Lloyd
George, speaking in the house of COM
mons on the subject of the recent al
lied conference at San Reno, said
that before the conference there had
been some misunderstanding, serious
enough in themselves, but made grave
by deliberate fomenting on the part
of very reckless persons.
But" he continued, II am glad to
say that the day If once more clear.
SO far as | can see, everyone is salts
fed at what happened at San Reno"
The premier declared the confer
ence had been the most remarkable
one in every respect held since the
arnlstice. There never had been such
conference as regarded satisfaction
with the agreement by all the parties
concerned, or the happiness which had
been brought about. he said.
The conference, declared the pre-
mier, dispelled all suspicion that the
treaty of Versailles was not to be en-
forced.
Mr.. Lloyd George said there had
been no difference Of opinion between
the allies as to enforcement Of the
treaty.
A misunderstanding arose, he de-
clared, over the question as to who
should put down the disturbance in
the Ruhr, which threatened the peace
not only Of Germany, but of Europe
The French thought it ought to be
suppressed by the allies, he asserted,
but all the others believed it should
be left to the Germans. This differ
ence had been settled, he said, and
the Germans Informed that the mo-
ment the German troops in the Ruhr
were reduced the French troops would
be withdrawn from Frankfort and
Darmstadt.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
SPECIALIZE IN BUYING MEAT
AND SAVE MONEY.

The housewife of the present gen
GRAFTON and particularly of the past
year or so, during which money has
been rather plentiful, has been de-
handing meats from one or two cuts
Of beef; that is, cuts from the loin
for steak and cuts from the ribs for
roastS. This has created a tremendous
demand for the loins and ribs, leaving
an oVersupply of the major portion
OF the carcass, which the retailer must
dispose Of at disadvantage, owing to
the lack Of demand.
If Mrs. Housewife would take more
interest and specialize in her buying,
and would read carefully the articles
that have been and are being pub
lished, calling her attention to the
cheaper meats, she would realize a
substantial saving. She would soon
become convinced that there is excep-
tionally good meat in the round, rump,
plates, chuck, etc.
In the olden days Mrs. Housewife
would call for a chuck steak, round
steak, as well as an occasional porter
house. Mrs. Housewife now knows
only one steak, and that is the porter
house, which is naturally the most ex-
penSive, as it is the most called for,
and it logically must stand the extra
expense. 1t is the world old law Of
supply and demand.
low many housewives know that
from the chuck they can get steaks,
boiling beef, pot roasts and stew
meats? The carcass excepting the
loins and ribs) contains meats that
are just as appetizing, delicious and
nutritious as the more expensive cuts,
which are the ribs and loins. On
fortunately, however, custom recently
has dictated that the ribs and loins
be considered the more popular, hence
the cheaper cuts have really gone out
of their own.
A few years ago the average house
wife usually called for chuck steak
or round steak as a matter of course.
In fact, it was the daily diet and one
seldom thought Of ordering sirloin or
porterhouse steak, except on special
occasions. A good comparison would
be that of ordering chicken or turkey
for every day Of the week just because
it happens to be treat" or special
delicacy, and if chicken or turkey
were thus ordered the outcome would
simply be higher prices, due to the
demand being larger than the supply.
The round makes wonderful steaks.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
TELLS Of THEFTS
IN WALL STREET
Unusual Tale of Raid on New
York's Financiers.
GOTHAM BROKER CONFESSES
Vast Amount in Securities Stolen and
Marketed Through Brokerage
Houses-Paper Is Scattered
Throughout Country.

New York, May 3.-Direct evidence
showing how the millions of dollars in
securities stolen by Wall street mes
sengers for mickey" Arnstein and
mick" Cohen, master crooks, now flu
git1ves from justice, with scant like
llhOod of being caught, were market
ed through brokerage houses, which
obtained loans upon them from re-
spectacle banking institutions, has
come into possession of the authori-
ties through the confession Of David
w. Sullivan, head of the brokerage
firm Of David w. Sullivan & Co. Of
this city and Washington, D. G.
Sullivan's confession, made to Unit
ed States Commissioner Gilchrist, COW
ers many typewriter pages containing
as strange narrative of the downfall
Of a previously respectable firm driv-
en- by business reverses into dealing
with the master crooks as has ever
been Incorporated in the proceedings
Of the court.
Sold for Fourth Value.
How substantial part of the ST.
100000 in securities stolen for the two
crooks within a year and a half were
peddled in small lots at one-fourth Of
their value; how these securities were
put up by the purchasers as collateral
for loans; how, to conceal the trans
actions from the honest cashiers and
clerks in the brokerage offices, fake
purchases of stocks, bought under fic-
t1tiOus names, were recorded il the
books Of Sullivan & Co., and how the
securities themselves changed hands
in barroOms, on street corners and in
hotel rooms in various cities, all form
a part of the amazing tale
Sullivan's first meeting with Arm
stein and Cohen, he said, was in the
bar of the Breton Hall hotel, on the
night of October II, 1919, and Cohen
met him three days later in Washing
ton, where he turned over to him a
batch Of securities of a market value
Of $4,000, which Sullivan pledged as
collateral in the Riggs National bank
in Washington for loan of $2O,OOO
Sullivan told Of other meetings with
Cohen, and occasionally with Cohen
and Arnstein in Washington, Balti-
more, Philadelphia, Boston and Hobo
ken, at each Of which he received from
Cohen stolen securities, which he i'm
mediately pledged as collateral for
loans with banks. All through his
testimony Sullivan referred to Willard
W. yesterday ostensibly manager of
Sullivan & Co.
Scattered Over Country.
Through the ingenious manner in
which the stolen securities were dis
posed Of as collateral for loans, it is
believed by District Attorney Swami
that many brokerage houses and
banks throughout this country and
Canada have almost 100000 worth
of stolen securities on hand, but they
are unaware of the fact, because they
practically are buried"
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
How to Lower our Meat Bills
Hints From the Department Of
Justice

pot roast or corned beef. It repre-
sents approximately % per cent of the
entire beef carcass, and the chuck rep
resents approximately "a per cent. The
loins represent II per cent and the
ribs per cent, and of the entire car
cass there is actually less than per
cent porterhouse steak, per cent of
club steak and about 8 per cent Of
sirlOin steak
Among the many appetizing uses Of
the chuck are rOasts, steaks, pot
roasts, stews, boiling beef, pot pie
meat and hamburger, with the fore
shank for soup meat and soup bones.
There has lately arisen such re-
markable demand for one Or two ex-
pensive kinds Of meats that people
who formerly were entirely satisfied
with what represents the less ex-
pensive portions never even think OF
calling for them. At the same time
they continually complain of their
meat bills without stopping to analyze
the reason.
"Is that the best you have?" seems
to be the by-word. The more it costs
the more people want it. The less ex-
pensive (although often very good ar
ticles), go begging. If a dealer has to
buy a certain portion Of the cheaper
articles along with his good articles
and he cannot sell the cheaper ones,
YOU pay the price for what he is
obliged to lose. The same applies to
meats. The butcher pays certain
price for the cattle and he must get
that price out Of them. If the demand,
as stated above, all runs to one or two
different cuts, those cuts that are IN
demand must make up the loss on so
called cheaper meats, while II there
was an equal selling distribution on
the entire carcass, there would not be
so much complaint of the high cost OF
meat.
Every housewife personally should
make inquiries Of her butcher as 10
the different cuts of meat.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
MANY KILLED IN BELGRADE
volt In Jugo-SIavia - Machine
Guns in Action.

London, April 28.-A bolshevist re-
volt has broken out in Jugo-Slavia,
says a Central News dispatch from
Rome, quoting Trieste dispatches to
the Messagero of the Italian capital.
Machine guns have been brought
into action in Belgrade, where hum
dreds have been slain, it is said.
Fatal riots have occurred at Laibach,
Carniola and Agram, Croatia.
Official Jugo- Slavian quarters here
are not alarmed over the reports Of
revolutionary troubles and declare dip
lomatic dispatches from Belgrade in
Dictated nothing amiss.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06
time CONGRESS-
DID SOMETHING
]. H. Allen of Des Moines "TaIks
Turkey" to Senate Committee
on Banking and Currency.
AID FOR AGRICULTURE DUE
Joint Stock Land Banks Have Re-
Cuced Interest Rates on Farm
Mortgages From One End of
Country to the Other.

"The use Of subsidies has been and
is an established custom or function OF
this government" said Joseph Il. Allen
Of Des NIoines, Ia, in appearing before
the senate committee on banking and
currency to protest against the tax on
farm mortgage bonds.
"Those Of US who are Republicans
know that for many generations we
held out to the farmers that we were
levying tariffs for the purpose OF
building up manufacturing interests in
the East that we might create home
market for the Iowa farmers products.
/ had this instilled into me from the
time [ was a child. The further prOpO-
sitiOn Of subsidies can be traced in
the upbuilding of cur railroad inter-
slides to the railroads in the form OF
public lands, and now the development
of these lands is making the railroad
property today valuable.
First Aid to Agriculture.
"Now for the first time in history
agriculture has received, as am will
ing to call it, a subsidy. The farm
loan act permits joint stock land
banks to issue farm mortgage bonds
which are exempt from taxation.
Never before in the history of this
country has agriculture received sim
gle thing in the form Of direct subsidy.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-05-06

The question now is: Does agricul-
ture get the benefit of the subsidy
the benefit of this tax exemption?
"The joint stock land banks claim
that agriculture is benefited. They
claim that the government and that
the people as a whole will be more
than compensated by the increased
production and by the lowering of the
cost of living.
agriculture requires different
Kind of financing than that required
for commercial business. We have
large commercial banks the country
over that provide millions of dollars
of liquid capital for commercial BUSH
ness without income tax or any ex-
pense whatever excepting what the
bank may levy. Now a farmer wants
to finance his farm for the production
OF cattle, he wants money to build up
a herd of thoroughbred cattle. He
goes to his banker and says: 4 need
100000 The banker says: All right,
I will finance you The banker writes
out note for six months.
Long, Time Loans Needed.
Nov can you imagine a man, upon
a six months accommodation, going
into an industry or business that can
not be really developed short of five to
ten years? And yet the farm is fac
tory and nothing else. No man would
undertake to build up a great manu-
featuring business depending upon his
ability to get capital, upon six months
renewal basis. A manufacturer has to
have his Short-time accommodations
for liquid capital required. But his
permanent capital, the thing which
makes the base of his factory, must be
obtained for long period Of years.
1.-The farmer wanting that kind of
capital must go to a commercial bank
and get it, and he must get it on a six
months renewal. So he is subject, like
the commercial man who makes his
turnover every 60 or 80 days or at
least every six months, to the same
laws with reference to the money con-
ditions. That is an impossible condi-
ton for the farmer. Many a man who
has produced meat, for instance, has
been compelled to sacrifice his herd in
stringent times at an absolute loss,
and many times at so great a loss as
to almost bankrupt him.
Joint Stock Land Banks Help.
1--WE are carrying the money from
the investor to the producer at a less
charge than any other system ever has
done. We have cheapened the rate
Of interest for farmers from one end
of the country to the other"