davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-01-30
BRITISH TRADE

The following tables gives q
summary of the total import and ex-
port trade of the United Kingdom
for the last three years. expressed
In pounds sterling
The Washington herald., 1920-01-30
FOREIGN EXCHANGE

New York. Jan. %. - Today's
closing rates of exchange on all
the principal markets were as fol-
lows:
Sterling. demand. 3.52T: cables.
353k: bankers. sixty days, 346;
bankers. ninety days. 344. Com
mercial. sixty days. 344: ninety
days. 342. France, checks. 1916:
cables. 1914. Belgium. checks. 1882;
cables. 1880. Germany. checks. 1876;
cables. 137. Austria, checks. 81:
cables. 30. Holland. checks. 3sSi :
cables. 3SHs. Italy. checks. 1915;
cables. 1543. Swiss. checks, 562 !;
cables. $50. Stockholm. kroner.
checks. 1865: kroner. cables. 1880.
Christiania, kroner. checks. 1875;
cables. 1890. Copenhagen. kroner.
checks, 1920: cables. 1885.
The Washington herald., 1920-01-30
Cotton Market

New York. Jan. 29.-There was a
feeling Of nervousness in cotton today
over financial and political conditions
and the market was irregular. present
crop deliveries finishing firmer. while
new crop months ended easier Busi-
ness generally remained light but II
was a little broader toward the close.
Spot here was steady. with middling
unchanged at $3.50: there were no
sales. Spot at New Orleans was
steady. with middling unchanged at
. IS: the sales were ] .S73 bales.
Receipts of cotton at the leading
points today were: Galveston. s.7il;
New Orleans. 1856; Mobile. "A; Saw
annah. 4.23l; Charleston. l-a5l: VIII
mington. $50: Norfolk. 1870; Augusta.
240; st. Louis. 1.sS3; Memphis. s.I5S;
Houston. s93e
New York. Jan. co.-Range Of cotton
prices:
The Washington herald., 1920-01-30
CRAM-PRO DIVISIONS

Chicago. Jan ss-corn rallied to-
ward the close of todays market
and prices advanced sharply, jan
uary future leading with a gain Of
i-ze. February went up one cent
while the more deferred futurese
were 1-2 70 / higher. Cash sales
amotnted to $1,000 bushels with
prices unchanged to i-sc higher.
A considerable amount of news
was favorable to the bull side OF
corn.
News OF the sale OF $50. 900 bushels
OF oats at New York and Iso, ,eeo
bushels at Baltimore. part Of which
was for March loading. with the
money awaiting the loading Of the
grain, brought encouragement to /
oats market here. This news
showed that foreign countries that
must have cereals are able to Sc
cure money TO pay for them. What
nation the grain is destined for
could not be learned tonight. I'm
provement in foreign exchange
helped the oats and other markets
also.
The Washington herald., 1920-01-30
UNITED STATES BANKS

According to the State Bank Sec
tion OF the American Bankers Asso-
citation there are now in the United
States 21,02S State-chartered bank
Ing institutions including CONNER
cial State banks. trust companieE
and savings banks The total -
sources of such institutions are
sss.e7s.s3e-3e. These statistics ave
been compiled by Secretary R. N
Sims of the National Association of
Supervisors of State Banks.
There are also in the United States
7.705 National banks with total re-
sources Of s2o.7ss. $50, 900. The total
number of banking, institutions in
the United States il therefore es.-
f3s with total resources of 4s.7s5. :
335.ss65p
The Washington herald., 1920-01-30
MONEY

New York. Jan. 29.-Money on cali
on the stock exchange opened at 10
per cent. high at Is per cent. low 10
per cent. closing at Il per cent. Most
of the days loans were made at 10
per cent Loans made on all indus
trial collateral were 10a1S per cent.
Time money was unchanged. there
being very little money to be had, and
rates continue at the high levels. Bor-
rowers again bid as high as S and Hz
per cent for loans on all industrial
collateral and and ~ per cent for
mixed collateral loans.
Mercantile paper rates also were un-
changed at 6 per cent, with business
being done mainly for out -of-town
account.
The Washington herald., 1920-01-30
NEW STOCK OFFERING
A syndicate headed by

A syndicate headed by J. NJ. Byrne
& Co. and NJ. J. Hoey & Co., New
York City. both members of the
New York Stock Exchange, has
been formed to purchase and finance
combination of a number of i'm
portant electric welding companies
and is planning to make a public
offering in the near future.
The new company will be called
Associated Welding Companies. Inc
and will have an authorized capital
of 100000 shares of no par value
common stock. of which zoo. 900
shares will be issued.
The companies are now operat-
ing in New York. Boston. Portland.
Rockland, Newport, Philadelphia.
Pittsburg. Baltimore. Norfolk.
Cleveland. Buffalo. Toledo, Buenor
Aires Barcelona and Biiboa Spain.
The Washington herald., 1920-01-30
BETHLEHEM STEEL

New York. Jan. 29.-The Bethle-
hem Steel Corporation today de-
clared a regular quarterly dividend
of IL per cent on both A and B
common stocks and also a dividend
of per cent on s per cent
preferred stock, payable in quarter
ly installments of two per cent per
quarter. A dividend of seven per
cent on ! per cent preferred stock
also was declared, payable in quar-
terly installments of IN per cent
each
Preliminary report for the year
on earnings showed a net income
after all charges and Federal taxes
of s45.356.SsO. equal to s19.0S on
common stock. against s15.93O.33o
or s21 on the common stock in 1918
The Washington herald., 1920-01-30
CALL MONEY
RATES HIGHER
Stocks Continue Advance,
However, on Brisk
Buying.

New York, Jan. 29.-Although money
went to Is per cent today. renewed al
90 and closed at IA. the stock market
was strong at the close. This was due
largely. to excited buying of the mo.
tors. United States Steel was tn,
strong feature all day. The opening
was firm. perhaps under the Influence
of a little better quotations for ster-
ling. Opening Of the money market
caused some selling. but almost i'm
mediately there was a rally. This
faded away in the afternoon. and II
was only a few minutes before the
close when the demonstration in the
motors carrier the whole market tc
better prices.
Bethlehem Steel made its report
after the close, showing net earnings
after taxes of sl9.OS q share. as CON-
pared with s2l a share in 1918. TINS
was much better than the Street ex-
pected- Traders who were short OF
Industrial stocks are now very much
worried over the earning figures tina,
are to be reported from day to day
President Grace. of the Bethlehem
Steel Corporation. states that orders
on the books in all commercial steel
Hines are at a maximum. and will in
sure full capacity operations through
out the year. New business is offer
ed far in excess of company's ability
to produce.
Directors of Associated Dry Goods
Corporation postponed dividend action
on their common stock.
The short interest was not the only
reason for putting the motors up to-
day. These companies will be max
ing their annual reports very shortly,
and il is understood that showings for
the last eight months of the year are
re-~s. Eabiy coed. Therefore, there is
considerable activity by pools working
o. D.. o side Cs the market
Silver bullion went in London to a
new high record price of 50 pence.
Gold did not advance. remaining at
the high record figure The gold re-
serve of the Bank of England rose to
States for 1919.
The violent fall in sterling exchange
is seized upon by those who believe
the market is going higher. as proof
that the United States has already
given Europe most of the credit need
ed. The balance of trade is some
1900 600. 900 in favor of the United
States for 1919.
The only way international trade
balances can be settled is by the
transfer of gold or securities. The
widest imagination cannot picture
more than s1.0o0.O00.CN coming from
Europe to America in that shape for
the past year. Therefore. it must he
that the bulk of the A.CcO, ,OO.CO0 rep
rezentins that trade balance is in the
shape of exchange held in by banks
and investors. That also is an addi'
tiolal reason for the scarcity of loan-
able funds. Among these investors
will probably be found many of the
large importing houses of the coun'
try, who have been taking the ex
change, to be used later in their owr
operations with Europe. Thus. wner
a heavy import movement starts from
Europe. it can be liquidated with this
outstanding. foreign exchange. and
will not demand the Use of additional
capital from the banks IL this theory
is correct. the money situation is not
So b1d after all. and is really not any
thing for the stock market to worry
about
The Washington herald., 1920-01-30
Cleared
Entered
CANADIAN TRADE

ottawa. Ont. Jan. 29.-Canadian
imports increased s31.000.000 during
the last calendar year. it was an
nounced here today. while exports
increased 51,OO0.000.
Imports tntaled s941. .007.700 and
exports S1.294.92O.372 Duty COL
lected was s16S.92O,659.
Imports from Cuba showed the
most striking gain. jumping from
two to IL 1-2 million dollars. be-
cause of the sugar trade. Imports
from Great Britain increased $15,-
00O,0
The Washington herald., 1920-01-30
FINANCIAL CALENDAR

Return of railroads .... Mar. /
American Can annual meeting
Feb. 10
Baldwin Locomotive annual meet
ing Mar.
Southern Pacific annual meet
Ing april Z
Amer. Foreign Trade Corp. meet
ing .teD. D
Automobile Show, Baltimore, Md.
Feb. 3
Passenger Auto Show. st. Louis.
Feb. 10
Car and Truck Show. Syracuse,
~. r., Mar. 1
Coming Dividend Disbursements
American Bosch ........... Feb. 10
American Smelling ..... Feb. 4
American Sugar Ref'g ..... Feb. 81
Lackawanna Steel 1000. Feb. 26
National Enamel Feb. IT
Republic Iron & Steel ....Feb. IS
Ry. Steel Springs .......... Feb. 2S
Studebaker ................F Feb. 3
Southern Pacific. Feb. IL
Stromberg .................T Feb. rs
Stutz Motor ............... Feb. 2S
U s. Steel Jan. %
Union Pacific Feb. IL
u. 6 Ind. Alcohol Feb. -
The Washington herald., 1920-01-30
LONDON MONEY MARKET.

London. Jan. 9.-Bar silver, SD
per ounce; money. . Ia per cent.
Discount rates: short bills. rs
per- cent: three.month bills, 5 SIS
per cent
The Washington herald., 1920-01-30
Exports Coal. Coke. Etc.

THUS, betWecn 1917 and 1873 there
is an increase in value of f41, 900, 900
or about so per cent, while there is
an increase of less than one million
in actual tons exported. This is an
increase of less than per cent in
the actual amount exported but an
increase of so per cent in value.
Perhaps a better idea of Eng
lands foreign trade is given by a
comparison of the number of tons
of shipping entering and clearing
English ports with cargoes during
the three years. These figures are
as follows:
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10

Mrs. John Belgium and daughter are
down from Wilmot this week for a
days visit at the I. A. Belgium
Nome.
August Hoffman was a Milbank Wis
Eiaor Friday afternoon.
About 20 friends Of Mrs. Tom Lam
bert gathered at her home Wednes-
dav evening bringing all kinds of good
things to eat with them, to remind
her that she still has birthdays and
/ to help her celebrate the occasion.
The evening was pleasantly spent in
| pames and schrades, ever Tom himself
taking part. During the evening a
club was organized which will be call
ed the "Merry-Go-Round Club" and
their first meeting will be with Mrs.
Lillian Brown Wednesday evening,
The members will do any kind of work
for the hostess, such as sewing, mend
ing. tying comforters or darning soX,
| SO those of you who don't like to darn
| sox lust join the club. The hostess
| will furnish her own lunch consisting
| of only two or three things SO that
il will not be a burden for the one
| who entertains About eleven
| o'clock lunch was served which was
much enjoyed. Mrs. Lambert was
presented with a bread mixer which
Tom expects to turn. Mrs. Lambert
| thanked her friends, in a few well
! chosen words after which wishing her
many happy returns departed for their
homes.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Stockholm.

Rev. Elmer Johnson and Rev. Ben
Clover left last Tuesday morning after
conducting a series of successful meet
ings here for several weeks.
Mr.. David Berg came home from
the hospital last week, he is reported
doing quite well.
A large number from here attend
Ell the meetings in IaBolt last Sun
day afternoon and evening.
Mr.. Westberg, Of Adams, N. D., is
visiting with Sam Redeem.
Mr.. Fredolph Hedman spent Sun
day with friends out south.
Born to Mr.. and Mrs. Ephraim Hall
berg on Dec. 6, a son.
Mr.. and Mrs. J. C. Nelson and Mrs.
VI. C. Hedman were WatertoWn Wis
TORS last Saturday.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Corona

Merchant Farel was a Wilmot
business caller Thursday.
Tug" Hills was over from Orion
vile Thursday. =
The Misses Ida and Gertrude Fol-
day.
H. Gerdes was down from Wilmot
Friday afternoon calling on friends.
Chas. Gardner Milbank's paper
hanger was in town Tuesday On a
business mission.
Blacksmith Rademacker and family
visited at the home of Mrs. Rademack-
er's parents in Milbank Friday.
Mrs. Lew N%ordquist is enjoying a
visit with a sister and brother who
are here this week from Veblin.
Mrs. Tom Lambert went to Orion
vile Monday for q short visit with
her daughter, Mrs. John Saeger, who
is in the hospital there recovering
from an operation for appendicitis
and at this writing is doing nicely.
W. A. Snnit returned from White,
S. D., Wednesday where he had been
on business.
Chas. Schultz transacted business at
Siseton Saturday.
Fay Taylor and wife were visiting
friends in Milbanh Monday evening.
The young people Of this place held
their usual dance Friday night in the
hall but their enjoyment was very
much spoiled by the interference of a
certain few trough necks" who seem
sd to think the dance was gotten up
especially for them to demonstrate
their Ideas and show the young ladies
and gentlemen how to deport them
selves at a party. They succeeded in
disgusting all but themselves by their
drunken actions. There was no officer
present but the parties who by the way
were from surrounding towns, are
Known and are warned to not repeat
the performance here.
Walter Voigt, wife and baby daugh-
ter autoed over from Aberdeen Mon
day for a few days visit with relatives
and friends.
Mrs. F. Taylor and children visit
ed relatives in Milbank Friday.
Mr. and Mrs. Clay Emerton of Les
lie, Wash, were visitors this week at
the /. Hill and Ray Sample homes.
Mrs. Emerton is a cousin of Mrs. r.
Sample and Deck Clark.
Jack Johnson and the Misses Hazel
Bretzke and Edna Miller drove to
Milbank Monday evening to attend
the show.
Jack johnson and Miss Hazel Bretz-
Ike drove to Wilmot Friday evening
to attend the movies.
A. L. Heinzen was over from Alb
erdeen the last. of the week attending
to business and for q short visit with
the Sou]e family. He returned to Al
erdeen Friday, Mrs. Geo. Soule and
daughter Shirley accompanying him to
Milbank.
Mrs. w. w. Stapleton went to Sis
seton Saturday evening for an over
Sunday visit with her daughter, Mrs.
Fred Remund, returning Monday.
Mrs. A. Nordquist returned from
Milbank Tuesday evening where she
had been several days with relatives.
Mrs. Yogt and Mrs. Engel were up1
from Milhank the first Of the week
taking advantage Of the big sale IS
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Troy

The basket social given by the Help
Out Glass Of the Sunday School was
well attended and enough money was
raised to buy storm windows for the
parsonage.
C. w. Milbrandt went 70 Strandbufg'
on business Saturday.
Mrs. T. S. Ryan and Mrs. A. E.
johnson spent Saturday in Madison,
Mildred Folger who has been sick
for the past week is able to be in
school again.
A Ladies Aid dinner will be held at
the home Of Mrs. A. E. Johnson Sat
urday moor until all are served.
Immediately after the dinner the
ladies will put on their annual sale
Of the articles they have been making
during the year.
Mr.. Sletten returned from Canton,
S. D., last week.
Mrs. VIM. Oneal and son Willard
returned from Watertown Monday.
Mrs. Oneal has been with her
daughter Lillian who is recovering nice
~ from an operation for appendicitis
in a hospital in Watertown.
Mr.. B. F. Vaughn spent several
days in Minneapolis last week.
Mrs. Frank Yazek and daughter
spent the day last week Wednesday in
Madison, MINI.
Mrs. Peterson, Mrs. l.. Ford, Mrs.
Kucker and two children, Mrs. Joe
Kalina and Mrs. Dean were among the
Watertown shoppers Saturday.
G.. w. Milbrandt spent Monday in
Watertown.
Mr.. G. E. Kucker accompanied by
his daughter Flossie left Sunday fol
Delevan, Wis, to see his daughter, Mrs
! Ethel Madsen, who is quite i'll.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Mountains Of the Moon.

The Mountains Of the Moon" wes
6 Daine given by ancient writer's 20 q
range i'll the interior Of Africa. COZ.
ts.n'n g the source of the River Nile.
Tl,ey we're conceived afterwards az
%traversing Africa from east TO west.
These ancients knew next to nothing
npont !he interior of Africa, and their
mountains Of the moon have disap-
Feared from modern maps.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Less Arabic Land.

There are today in England 100000
fewer acres under clover and rotation
grasses than in 1896, and 100000 acres
fewer Of other land under the plough.
There are thus 1900, 600 fewer acres
Of arabic land in England today than
twenty years ago.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
Mr.. Fred White Says, Don't Idle Be-
cause You Only See One Rat

81 did, pretty soon | found my Gel
lar full. They ate my potatoes. After
trying RAT-SNAP ! got 5 dead rats.
The rest later. They pass up the po-
tatoes to eat RAT-SNAP." If there
are rats around your place follow Mr..
Whites example. Three sizes, Csc,
Csc, $1.25. Sold and guaranteed by
n. j. BLESER DRUG co.
J. c. TESSIN & SON
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10
SUMMONS.
State Of South Dakota, County of
Grant, In Circuit Court. In Fifth
Judicial Circuit.

Carl Ludwig Olson,
Plaintiff.
Margaret McGovern, Anna)
McGovern, Jennie McNa-D
nara. James A. McGovern)
being the heirs of William)
H. McGovern, being the) =
heirs CT John McGovern,)
both deceased, d.
A. Nc Cow
ern, Administrator Of the)
estate Of William H. Me- ,
Govern, deceased, Thom-)
as E. Devices, Peter AM Summons
derson, all persons un-) !.
known who have or claim) I
to have any interest or es-) SOD
tate OF lien or encum-l
brance upon the premises) -
described in the comp!aint,)
and the unknown heirs,)
o~evisees, legatees, execu-) ~
tors and administrators
and creditors of William) ];
n. McGove,n,- deceased) Il
and John McGovern, del
ceased,
Defendants. y
The State of South Dakota to the
Above Named Defendants:
You and each of you are hereby
summoned and required to answer the
complaint Of the plaintiff, which was
filed in the Office of the Clerk of this
court at Milbank, Grant County, South
Dakota, on the 9th day Of November,
1920, and which prays for a Judgment
quieting the title to and the determi-
nation Of all adverse claims against
the premises described in the COM
plant, situated as follows, to-wit: The
South East Quarter (SEA) of Section
Twenty-eight (2S) in Township One
Hundred Nineteen 119). of Range
Fortv-seven, Grant County, South
Dakota, West of the Fifth Principal
Meridian, containing one hundred sixty
acres, more or less according to the
United States Government survey
thereof; and to serve a copy of your
answer to said complaint on the sub
scriber at his Office in the City Of Mil
bank, Grant County, South Dakota,
within thirty days after the completed
service OF this m upon you, ex-
elusive OF the day Of such service; and
II you fail to answer said complaint
within that time the plaintiff will ap-
ply to the court for the relief de-
naanded in the complaint.
Thad L. Fuller,
Attorney for Plaintiff,
Milbank S. D.
10 the defendants above named:
You viii take notice that this sum-
mons is being published pursuant to
order OF the court for the qualifications
OF a same for six successive weeks,
beginning Nov. 18th, 1920.
Thad L. Fuller,
Attorney for Plaintiff.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10

walls will be kalsomined during the
holidays-Hurrah!
Kenneth Lathrop left for his home
in Miles City, Mont, last week. We
are looking for a letter from him.
We have received some Agricultural
Bulletins from the department at
Washington, D. c., for use in Langu-
age and Agriculture.
Selma Schauf, Teacher.
On Friday, Nov. 10 we gave our box
supper and program at Alban No. 5.
The program vas quite long but SEEM
ed to be enjoyed by all. One feature
of it was the songs which were acted
out as "Old Black Joe" "Home Sweet
Home" "Star Spangled Banner and
"Rally Around the Flag" One drill,
one dialogue, several songs and a
number of recitations we're also given,
making twenty-five numbers in all.
After the program the boxes We're
sold and the proceeds amounted to $50.
lunch equipment.
Last week the school was closed on
account of the S. D. f. A. meeting at
Aberdeen. The meeting was fine and
| am sure that all attending gained
much which they may put into pract-
ice in their daily work as teachers.
We n getting along nicely but we
certainly need a Beacon Chart and
hope THAT it may be possible TO get one
before long.
Violetta Wright, Teacher.
The school board of Melrose No. s
has installed a new five gallon bubbl-
ing fountain in u school; also paper
towels and a metal container, which
are very much appreciated.
Our box social was a success fnan-
cially, the proceeds being $685..
Some Of this money has been used to
purchase an oil stove, kettle and sone
smaller articles to be used for max
ing hot lunches in school. The re-
nlasndef of the money will be used for
play ground equipment.
Our school has organized to carry
on the hot lunch project. The officers
are as follows: Pres.-George Cramer.
Y. Pres.-Helena Cloynans, Sec.-Ma
bel Sackreiter, Treas.-Philip kockx.
Hot cocoa will be served each day.
Louis Ingebrigtsen enrolled this
week, for the purpose Of learning to
read and write the English language.
Our school has subscribed for the
Junior Red Gross Magazine.
Mrs. Harry Stengel, Teacher.
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10

has organized and elected the follow
ing loficers: Pres, Selma Scheer, Vice
Pres, Gladys Stevens. Rec. Sec, Jo-
sephK psse, Treas. Katherine Kosse,
Inspector, Helen Kosse.
The following committees were APP
pointed for one week: Floor cleaning
committee. Marguerite Wagner, Gla-
dys Stevens. Cloak room committee;
Katherine Kosse, Harold Eide. Library
committee: Isabelle Wagner, Joseph
Kosse. TO date this has resulted in
) more. systematic school room. W.
a1so believe ii will give US q little bet
- understanding Of civics, xlthough
We, are not having civics this year, a
> Hcitation class.
Louis German, Teacher.
nm -o-
~ prp1ls s0f Vernon No. A have
~ ~ excited over the Hot Lunches
NJ N we're started this week. Monday
crEanized md elected the follow
Go0leetp:. Club Leader-Clarence
Pres-Edwin Meister, Vice
-Iayorne vogelson4, Treas
HG1lox S1c,y-DOIa vogeisong.
ttNe6kthe boys hare been
cooine, NJ IL school has
)eDenetice tho
's1 Dmle.o hG1d q
saeeeas asyeFal
The herald-advance. (Milbank, S.D.) 1890-1922, 1920-12-10

Ol dCCOuHt u Illness.
The Vitalized Agriculture class is
progressing nicely with their work on
"hot lunche" and are making meat
boards in connection with the study
Of the same.
The intermediate grades are max
ing furniture from corn stalks.
The pupils are busy selling their
share of the 900 Christmas seals al
!otted to our school. Several pupils
are entitled to the pins.
We made a large poster illustrat-
ing our Health Crusade chores and
have it hung where all may see it and
remind them Of their duties. Most all
Of the pupils will be entitled to the
Knight Honors" this next week.
Lillian Egermayer, Teacher.
The pie social Friday evening at
Twin Brooks No. AZ, Melted US $14.OO.
We do not know what to buy with it
Is it is hard to decide just what is
needed most. We had hoped to find
the notice Of our social in the paper
last week but was disappointed. Owing,
to the fart that our program and sup
per was not advertised widely the at
tendance was small but proved = live
gathering when the pies were sold.
Albert EgermayeE acted Is auctioneer
ard sold saeh PHI for its full value.
We haye been promised that our