davidaulloa/AmericanStories huggingface dataset:
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
new LAW WILL HELP .
AGRICULTURE HERE
DEAN IDDINGS TELLS WHAT
PROPOSED MOVEMENT WILL
MEAN TO OUR COLLEGE

IF the plea of the American Farm
Bureau federation, to the next ses
sion of Congress, for increased funds
to care adequately for the all-import
ant work of the agricultural expert
ment stations is successful-if the
movement is at all successful
agricultural experiment station work
will be greatly strengthened at the
University of Idaho"
This was the statement made today
by E. j. Iddings, dean of the Univer-
sity of Idaho college of agriculture
who has recently returned from at
tending the Farm Bureau federation
meeting at Chicago and the annual
meeting of the America Association
of Land Grant colleges.
While in Washington, D. C. Dean
Iddings conferred with officials of
the United States department of
agriculture on matters pertaining to
agricultural investigational work in
Idaho.
'There is considerable promise of
securing federal assistance in the in
vestigational work of plant diseases
now being conducted by Idaho expert
ment stations. In addition officials
have taken under consideration fed
eral assistance in investigational
work in agronomy, dairying, and GER
tain other divisions of the agricul-
tural field.
In speaking of the work of the
American Farm Bureau Federation
Dean Iddings said: "The meeting
was devoted largely to the consider
alton of revenue for agricultural ex-
pertinent stations. These stations
are in a critical condition
There has been a turnover of 80
percent of the agricultural expert
ment station workers. In other words
14OO out of a total of 100 engaged
in experiment station work have quit
their jobs. Uut of this number $40
department heads have resigned and
$50 positions over the country remain
untitled. The reason is simply the
lack of adequate salaries.
at is a problem Of the greatest i'm
portance as all agricultural educa-
tion is based on agricultural investi-
CATION accomplished by the stations.
The experiment stations have demon
strated in the last three years their
value to the farmer Neither teach
ing or extension work in agriculture
can reach high degrees Of efficiency
unless the experiment stations are
provided for.
4 "a strong plea will be put before
the next session of Congress for addi-
sional funds for Investigations. Con-
gress is to be asked to increase the
Hatch fund to $4,000 a year, to
double that amount the first year,
and to add an additional $4,000 until
a total appropriation of 100000 an
nually is given each state.
''In New York I had the oppor-
tunity to watch the immigrants, 5000
a day or at annual rate in excess of
million year, come into New York.
The type of the immigrant is higher
than of previous years but their very
great numbers should give the entire
country serious concern.
s'The western states are interested
in the proper distribution of the i'm
migrants. The industrial problem
will be made more complicated if they
are allowed to remain in population
centers If they are sent to the west
ern states they will be enabled to do
useful work to the improvement of I
The country"
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
CAN STORE LIQUOR
FOR OWN PERSONAL USE

Washington -(By A. P)-Liquor
lawfully acquired by person for his
own use may be stored in a place
other than his home, the supreme
court ruled today, reversing the lower
courts refusal to grant William G.
Street, of New York, an injunction
prohibiting federal prohibition Off
GERS from Selling liquor stored in a
room leased from safe deposit com
pany.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Farmer Robbed of Fortune.

WILLIAMSPORT, Po.-While men
posing as cattle buyers dickered with
William Caliskey in his cattle barn
near Ulysses, Potter county, last
night, four women of the party en-
gagged Mrs. Caliskey in conversation
and two other men ransacked the
house, taking S21, 900 in Liberty
bonds, war savings stamps and cash.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
MOUTAIN VIEW CLUB
MEMBERS PIECE QUILTS

The Mountain View Club met at the
home of Mrs. C. w. Lenhard with
Mrs. Jensen as assistant hostess. The
afternoon was spent in piecing quilts.
At the close of the afternoon re-
freshments were served. Guests of
the club were Mrs, A. B. Bumgar-
ner, Mrs. E. L. Smith, Mrs. Chandler,
Mrs. J. B. Bumgarner and Miss Jen-
sen.
November 18th the club will meet
with Mrs. NJ w. Schumacher.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Turks and Soviets Unite.

Constaniople-(By A. P.)-Turks
and bolshevik Tartars have affected
a junction at Alexandropol and prob
ably the city of Ervan has been oc-
cupied by Turkish troops. Armenian
troops are said to be surrendering or
seeking refuge in Georgia
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
REBEK All MEETING
TOMORROW EVENING

The regular meeting of Star Rebe-
kah Lodge No. Is will be held Tues
day evening, Nov. 9, at 1880 At this
time the report of our delegates who
attended the Assembly at Caldwell,
Idaho, will be given. Other things of
interest to all, will be presented. No
member should miss this meeting.
Splendid refreshments are being
planned by the committee.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Millionaire's Son Arrested.

Chicago-(By A. P.)-James H.
Witchell,' of San Francisco, said to be
the son of millionaire hotel owner
in China, wanted for. the abduction
of Miss Helen Dasson, daughter of
the head of the English colony at
Saigon, China, was arrested at a
down town hotel today after two
years search. He is held under a
$4,000 bond for violating the Mann
act
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Judge Anderson After Palmer.

Indianapolis-(By A. Pat the
governments request the conspiracy
case against 1875 soft coal miners and
operators of indiana, Illinois, Ohio
and Western Pennsylvania, was con-
tinued when called in the United
States court today. Judge Ander-
son Immediately began an investiga-
ton of Attorney General Paumer's
connection with the case.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Coal Strike in Belgium.

BRUSSELS-The strike of coal
miners in the Charleroi coal fields,
which became effective Tuesday, has
spread to the LaLouviere region, 10
miles northwest of Charleroi. The
miners involved number $4,000.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
j. j. J. j. = i = !. + j. !. + i. + J.
Wheat Drops Six Cents

+ For the first time in several
T. years wheat is quoted below
+ $3.50 per bushel in Moscow to-
j. day. While there are no real
+ quotations, as coast prices had
4 not been received by local deal
4 ers when the Star Mirror went
j. to press, it is known that the
+ price in Chicago dropped six
+ cents. Saturdays quotations
+ here were $1.52 for club. Six
+ cents off would make the price
+ in Moscow $146. More than rs
+ per cent of the crop is still held
+ by the farmers who produced it.
+ Oats are worth $2.10 per 100
+ pounds today.
1. i. 4. I. i i. 4. + J. + i + 1! + i. 1. +
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Nineteenth DaI of Fast.

Cork-(By A. P.)-The condition
of the nine remaining hunger strikers
is described today as precarious. To-
day is the nineteenth day of their
fast.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Corn Crop Sets New Record.

WASHINGTON-( A. P.J-A
record corn crop, exceeding the pre-
yious largest crop by 75,000,00O bush
els, was announced by the department
of agriculture today in a preliminary
estimate placing the 1920 production
at 3,199, 1872, 900 bushels. Tobacco pro-
duction also established new record
with a total output of 1,476,444, 900
nO11ndS
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08
Hold Lever Act Constitutional.

Peoria, Ill.-(By A. Holding
section nine of the Lever act consti-
tutional, Federal Judge Fitzhenry to-
day refused to enjoin the government
from removing the Illinois defendants
in the coal conspiracy case to Indian
apolis for prosecution
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-08

Miss Helen Westover entertained a
group Of friends at her home Friday
evening. A delightful time was en-
joyed by all
New-York tribune., 1920-04-16
British Gold for
Argentine Maturity

BUENOS AYRES, April 14-The ar
rargement whereby the British govern
ment will loan Argentina $4,000 900
to pay off the per cent tive-year loan
! of that amount due to New York bank
ers on May Is is in reality a sort OF
triangular transaction by which Great
Britain pays off half of the 100000 900
she owes Argentina, it is learned from
an authoritative source. The latter
debt was contracted by Great Britain
with Argentina in 1918 in the form OF
a credit for the purchase of wheat.
1t is understood that in view of
Great Britain's shipping gold to the
United States, Great Britain agreed
with the Argentine Minister in London
to ship $50000,O00 for the account of
Argentina, which will stand as a Brit
sh loan to this country at per cent
arrangements are made, it is expected
Great Britain will charge the sum to
Argentina in paying off the s100 900 600
debt.
Contrary to previous Interpretation.
the British arrangement to accommo-
date Argentina has nothing to do, so
tar IS Great Britain is concerned, with
the urgency Of President Irigoyen' 5
request for speedy approval by the Sen-
ate of the proposed $500 900, 900
credit to Great Britain. France
end Italy. 1t is learned from
authoritative sources that even should
the Senate's sanction be given, Great
Britain would not be- likely to accept
the credit, owing to notifications made
in the original terms. 1t is indicated
she would be glad to turn over her
share of the credit to France and Italy
If these nations SO desire.
New-York tribune., 1920-04-16
London Rate Increase
Removes Uncertainty

LONDON, April 15.--The increase in
the minimum rate of discount from to
7 per cent to-day by the Rank Of Eng
land has removed the uncertainty which
has been hanging over the market. 1t
was considered bound to come in view
of the inflated credit position and the
Continental financial situation, espe-
cially regarding exchanges, and may
possibly stabilize the latter. 1t probably
will not, however, affect American ex-
change. Any further unsettling Of ex-
change regarding the United States is
not expected until large bills fall due
in the autumn for the payment Of food
and commodities.
One reason for the present move is to
bring the rate in line with other CEN
ters. The Belgian and other bank rates
have recently advanced. The action of
the Bank Of England Yesterday in rails
ing the rate of interest on treasury bills
to 61. per cent is to attract funds from
banks to the Bank of England on the
government account against maturing
short dated Indebtedness, which totals
big figure, and TO check fresh borrow
ing.
The burden Of the per cent rate on
the trade Of the country, which is just
expanding, will be great. Trade and
finance, however, are expected to settle
down to the new conditions, in the hope
that necessary defation Of credit will
follow. and 80 assist toward normalizing
conditions in the prices Of commodities
and the cost Of living.
New-York tribune., 1920-04-16
Advent of Stutz
Features Trading
On Curb Market
Industrials Act Well on
Opening Quotations, but
Irregularities Develop;
Oil Shares Become Active

The advent of Stut1 Motors, removed
from the big board, featured trading on
the Curb market yesterday. several odd
lots being taken between 700 and 724.
The price jumped in the afternoon and
closed at 724. 1ndustrials acted we'll
at the opening, but the market became
decidedly mixed at midday, with an un-
certain tendency.
Submarine Boat opened at Is. United
Retail Candy gained 1s and Phillips
Petroleum moved up a point. The
movement in this stock was occasioned
by the report that the Gypsy Oil Com
pany, subsidiary, had brought in a
5000 barrel we'll in Oklahoma, one Of
the largest in the Usage section. Ryan
Petroleum advanced fractionaly.
Simms Petroleum showed some effort
to regain prestige of the fore part of
the week, but eased off later, to close
at 26 Y, ls under Wednesdays figure.
White Oil dropped 4 after showing
weakness during the day. international
Petroleum, along with Phillips, was
the best among the petroleum group in
the late trading, but the former was
off A.
Recessions from the high. of
Wednesday were numerous. General
Asphalt declined " after reaching par.
Houston Oil lost 3 points. Salt Creek
Producers was still on the decline, los
ing l 4. This stock got to low of
44A for the first time in some time.
The gradual decline from around so
the early part Of last month is not ex-
planned by anything resembling un-
favorable developments in the COM
pany's affairs.
New-York tribune., 1920-04-16
Milling to Vote
On Increasing Common

A meeting of stockholders of the
Standard Milling Company will be held
on May to vote on an increase Of the
authorized common stock from $780,
900 to $15, 100000. notice of which has
been sent the New York Stock Exchange
In a statement to stockholders direc-
tors say that the constant growth Of the
companys business will necessitate an
increase in capacity of it's plants which
will involve considerable capital ex-
penditure and require additional work
ing capital. 1t is to provide funds for
these purposes and to take care of the
bonded Indebtedness of the subsidia ry
companies as same natures and for
other corporate purposes that the in
crease in common stock is needed, &C
cording to the statement.
New-York tribune., 1920-04-16
Tonopah Belmont Reports
Larger Earnings in 1919

On gross earnings of s1,23l ,4S2, the
Tonopah Belmont Development Com
pany, in 1919, returned net profits, after
expenses and taxes, of $3.50 ,906, equiva-
lent to 37.9 cents a share earned on the
s1,5O0,000 capital stock. In 1918 net
profits were 1857 ,983, or 37l a share
Operating expenses in the year ag-
gregated s742,86o, against $73s, $50 in
the year before Income from other
sources totaled $204,352, compared witt,
s13,902 in the preceding year. Gross
income was $614,451.
New-York tribune., 1920-04-16
Island Oil and TRANSPORT

Question appreciate it if you will
furnish me with any information you may
have in regard to the Island Oil and Trans
port Corporntion.-J. 8.
Answer-While there has been no
statement of earnings Of the Island Oil
and Transport Corporation, it was re-
cGntly t1r mo sat a,a ion
barrels. During the month of Jan
uary, 1920. 55453 barrels were pro-
duced. During the last few days an
nouncement has been made of the
"bringing in" Of go~d producing wells
1t was also announced recently that
the Eastern Potash Corporation and
the Raritan Refining Corporation had
started action against the Island Oil
for $1,000, 900 damages, alleging breach
of contract. The Island Oil has a mat
ter of litigation pending with the
Metropolitan Petroleum Company.
New-York tribune., 1920-04-16
Dubious About Railroad Shares

Vueseion-Havc read the questions and an
s%ers ,e IN your Investment Information
eo,uMn CO... Tor some time and have decided to
ask your advice about some railroad stock
o. my own. Have twenty shares of Chicago
milwaukee st. Paul common suppose
inere ,o is nothing to do but count this big
loss. loss. as 1t was bought at s141 share and
nave nav mad no dividend in. guess, three years
but l aleo have 200 shares common of south
snn enn Fsclhc which pay me s per cent, and
nep reu common snn! of New York Central: paying 5
pes pes cent. .hn: Now. would you advise me to
Aeep tnat stock: or do you think it would be
saIer ss 70 sell all or any of it and invest in
something else. and, if so. what would you
IUns'oer A'as a safe and good paying investment.
several banks. Do you think it would be
pest TO invest that or part of 1T in Liberty
n1nas We have to live the income Of
"naI 1 nave, and so feel that want to get
al l can and yet not feel that there is a
rlsk OF losing what is invested If you will
kindly let me l'now what you think the best
I Ior me to do will certainly feel very CRATE
Answer-lt is indeed an unpleasant
experience to find that your securities,
purchased for investment purposes
only have fallen into the speculative
class. st. Paul, at one time one of the
best roads in the country, has shown
such poor earning power of late that
not only have dividends ceased on both
classes of stock, but the road actually
has not been earning it's fixed charges.
The future of this road may, of course,
be brighter than its recent past, vet
the future of all railroads is 80 en-
shrouded in uncertainty that the COM
mon stocks Of very few of them are en-
titled to good investment ratings. If
you would have your funds so invested
hot tko ,1o%; ~
mated as far IS possible you should rot
hold railroad common shares. While it
is our opinion that the strong roads
will benefit more than the weaker ores
from the new transportation act, il re-
mains for all Of them to demonstrate
their earning power. We are passing
through very critical period in this
country. and where one is wholly de.
pendent upon the income from their in
vestments it would seem wiser to have
the latter consist of the highest grade
of securities. Liberty bonds, high
grade bonds Of railroad and industrial
stocks offer the best investment op-
portunites at present. The yield
ranges from about S per cent (Liberty
bonds) to 7 per cent (preferred stocks).
High grade railroad and corporation
bonds yield at present from 51e per
cent to 6la per cent. Among these are
Chesapeake & Ohio consolidated per
cent, 1882 Rock Island general per
cent, 1888; Central Pacific refunding
per cent, 1949; Southern Pacific refund
ing per cent, 1855; Illinois Steel II
per cent. 1910; Union Pacific q per
cent. 20O8 and New York Telephone
An per cent. 1885 Seasoned preferred
stocks yielding from 6 per cent to 7
per cent may be found among the fol-
lowing: United States Steel preferred,
American Tobacco preferred, National
Biscuit preferred, American Woolen
preferred and United States Rubber
first preferred.
New-York tribune., 1920-04-16
Permanent Mortgage Corporation

Question-Kindly give me some in1orma-
ton regarding the Permanent Mortgage Cor
poration. Of 80 Court Street Brooklyn. lney
are selling stock on the instalment plan
Have these people been successful so far as
they have poneo They say they are going
to offer IS. 600 900 more of stock. Are they
registered under the laws Of the State OF
New York;. P. H.
Answer-This stock company is in
corporated under the laws Of Delaware,
but it is registered to do business in
New York and other states. The
energies of its promoters have so far
been devoted chiefly to the sale of
stock, in which they appear to have
met with considerable success. Its
ing money on properties of approved
security. These mortgages are made
to run for periods ranging from FIVE
to twenty years Interest is charged
at the rate of 6 per cent per annum
on the annual balance, but the COM
pany requires the payment of prin-
cipal and interest in monthly install
ments, which means that the borrower
in fact pays considerably more for the
use of the money. On the other hand,
subscribers for the stock of the COM
pany which is sold on the five, ten,
fifteen or twenty year plan. obligates
themselves TO pay per cent per an
mum on the annual unpaid balance of
the amount of their subscriptions, and
do not receive dividends, SO we are in
formed by W. II. Allison, president of
the company, except on units of ten
shares fully paid for; in other words,
on a ten years subscription for 100
shares at the par value of $40 each, or
a total of 81 1000. you would pay in dur
ing the first year $50 in addition to the
amount applying against your sub
scription. The second year you would
pay in $27 as interest on your balance,
but would receive dividends on ten
shares, or So. Over period of ten
years on the basis Of per cent the
amount received in dividends would be
something like 500 in excess Of the
amount paid in as interest during the
same period. This would not, in our
opinion, recommend the shares as an
investment.
New-York tribune., 1920-04-16
Chalmers Company
Shows Drop in Earnings

On total billings of $3o,224,0S3 the
Allis Chalmers Manufacturing Company
in 1919 returned net profits after
charges and Federal taxes of s3,5a9,714,
equivalent, after $1.7S0.174 in preferred
dividends. to s7.O6 a share earned on
the s25,77o,750 common stock, COM
pared with $4,625,S66. or $11.56 a share
in 1918. Total sales in the preceding
year aggregated s35, 1928.
Operating expenses amounted to s22,-
,76o or $l,027,s70 less than in the
year before. When selling and general
expenses of s2,515,esS had been
deducted, manufacturing profit was
s5,3s6,525 s4,075,1l1 decline from
1918. Other income of s571,189 was
added, bringing the total available for
Federal taxes to S5,967,714.
New-York tribune., 1920-04-16
Standard Oil of New Jersey

Question We own some preferred stock of
the Standard Oil Of New Jersey which I
notice is constantly declining in value. We
bought the stock at Ill about six months
ago. 1t gradually rose until about two
months ago it reached the Is point. Now
1t Is declining about half point
daily Can you explain the causes for this
decline7 What the future prospects Of
this stock? Is It q safe investment and a re-
liable security? Kindly give me other in
formation that will interest a holder of such
stock-N. E. p.
Answer-Standard Oil of New Jersey
preferred stock is entitled to a good
investment rating, in our opinion. In
all probability the cause for the lower
price is due to the fact that the COM
rany intends tc do some further fnanc-
ing When a corporation announces
it's intention to sell securities it's out
standing issues almost invariably are
sentime ntally affected. We see no rea-
son at present for you to be concerned
over your investment.
New-York tribune., 1920-04-16

Information

Questions Of general interest to
'nvestors aciu be answered in this
cotnmn' IN which case only initials
so'H oe used. Others aOill be an
swered by nsail. Address all tn
9u'5'es, Enclosing a stamped, 3D.
aresssd en"slope, to Financial Editor,
yhs Tribune, 154 Nassdu Street. New
York City.
New-York tribune., 1920-04-16
Declare 333 Per Cent Dividend

At meeting OF the Northwestern
Leather Company stockh holders author
lied the increase in capital stock from
$500 600 to s., 500 900 ard the par value
Of the shares from S25 to 500. Fol
lowing the action Of the shareholders,
directors declared stock dividend Of
323 ner cent payable In Common stock
New-York tribune., 1920-04-16
National Lead Re-eIects

Directors we're reelected at the an
nual meeting Of the stockholders Of
the National Lead Company yester-
day President Cornsh explained the
annual report issued recently and an
swered questions Of policy. He opposed
suggestion Of charging off the good
will and intangible assets aganst the
New-York tribune., 1920-04-16
DIVIDEND NOTICES
THE FAIRBANKS COMPANY.

The Board OF Directors has declared out
OF the accrued surplus earnings OF the
Company a quarterly dividend o. Two per
cent on the First Preferred stock of the
Company for the quarter ending April so
1920. payable on the first day OF May
1870, 10 stockholders of record at the close
of buMness on April Goth. THE TRANS
FER BOOKS WILL NOT BE CLOSED
j. r. PETERS. SECRETARY
New-York tribune., 1920-04-16
FINANCIAL MEETINGS

TO THE MEMBERS OF THE EMANUEL.
SICK AND BENEVOLENT ASSOCIA.
TIO<-
PLEASE TAKE NOTICE:
That a Special Meeting Will be held at
252 Broone Street. in the Roro Of Man
haitian. city OF New York on the etth
day Of April. 1920. at 3 O'Clock p NJ. 10
vote upon the proposition OF changing tho
name OF EMANUEL SICK AND BENEVO-
LENT ASSOCIATION. INC. OF WHICH
YOU ARE a MEMBER. from its present
name TO the name which II proposes "a
assume. TO wit; BENEVOLENT AND
PROTECTIVE ORDER OF BUFFALOES
INC.
EMANUEL SICK AND BENEvor.rvT
ASSOCIATION. INC
EDWARD l. EIsENBMRG.
President
JEREMIAH HERR.
Secretary
New-York tribune., 1920-04-16

a. q special meeting of the Cuban
""sfsan Sugar Company stockholders
ssaatssorized sat change Of capital from
1850 - shares, 500 par, to 900 900
sesfss, SIG par. Holders Of the com
sssn sn stock Will have one vote for each
:. = shares hetd, while holders Of less
saan that amount will be unable to