davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-04-25
Calumet & Hecla
1919 Receipts Fall

Gross receipts of the Calumet and
Hecla Mining Company declined mate
rally in 1919. amounting to s5,263,077,
which compares with ss,95O,160 in the
preceding year. From that amount
total costs of s5,666,73o were deducted,
leaving net operating loss of
s403,650. Other losses of s248,636 were
added, making 1852, 900 total.
Income received from other sources
during the year totaled $1,229,303.
After the operating loss and $335,357 in
miscellaneous charges had been de-
Quoted, net available for dividends was
$241, $50. Hoarders of the stock shared
$l,oo0,oo0 in dividends, causing a
$75S,34 deficit to be made for the year.
New-York tribune., 1920-04-25
In a Bear Cycle:

Byron W.. Holt, of Goodbody & Co.,
holds to the opinion that the war bull
market ended last year, and wonders if
we are not in a bear market while
we expect to see this bear market con-
tinue for some years. he says, land
until the pendulum shall have swung
as far downward as it swung upward
during the war, yet we do not look for
perpendicular drop in prices. Nor do
we expect to see panic, such as we
had IN 1873, 1893, 1902 and 1914. Our
present good banking system will pre-
vent such collapse if it is at all we'll
managed" Mr.. Holt believes there is a
general underestimate Of the serious
ness of the present unprecedented
worldwide high money rates.
New-York tribune., 1920-04-25
In Wall Street
A True Story

With the settlement of the Stutz case
yesterday there came to light in Wall
Street quite a remarkable good luck"
story. Last year a woman who has a
pretty good market sense telephoned
her broker to buy her fourteen shares
of Studebaker Corporation stock. She
wanted it bought outright and trans
ferred to her name. When the report
came back the next day from the bro
ker it showed the purchase of fourteen
shares of Stutz Motors at $72 a share.
The broker had made a mistake The
the Stutz and buy the Studebaker, but
she finally decided to hold the Stutz.
Last week she sold the stock out on the
Curb at S675 share. Then she took
her profits and bought high grade rail
road bonds and equipment trusts.
New-York tribune., 1920-04-25

Monday In Queensland, Victoria. IN
the United States: Alabama, Florida.
Georgia. Mississippi.
Thursday-ln Portuguese East Africa,
Portuguese West Africa. In the United
States: New Hampshire.
Friday--In the Canary Islands (Ten
eriffe), Denmark. Iceland In the United
States: Wyoming
Saturday In Argentina, Costa Rica,
czecho-Slovakia, Aayti, Philippine Isl-
New-York tribune., 1920-04-25
ATTRACTIVE INVESTMENT

A VERY VALUABLE PIECE OF
WATERFRONT PROP PERTY IN
GREATER NEW YORK. UNABLE
FOR COMMERCIAL PURPOSES AND
APPRAISED BY THE MOST CON-
eERV VATIVE BANKING INSTITU-
TIoNS. OWNER IS DESTROYS OF
OBTAINING A LOAN OF $35o,ooo
AND WILL PAY GOOD BONUS AND
GIVE A PARTICIPATION IN THE
PROFITS ON SALE OF PROPERTY.
THE ENHANCEMENT IN VALUE OF
ETHTS PROPERTY WILL SHOW A
VERY HANDSOME DIVIDEND AD-
DRESS INVESTMENT. BOX Sc, LONG
ISLAND CITY
New-York tribune., 1920-04-25

Thomas Cochran has boon elected . d.
rector Of tho Utah Copper Com pany: sue
rceninx the late X. r. Babbtt and Theo-
dore schuize was appointed to succeed
w r THOMPSON resigned. Other directors
wore reelected
,outnick g. Dominick. managers Of the
h.rLino nyndicate which Is underwriting
he new issue OF the Columbia Phonograph
common stock. announce that the rights
,ylli expfro May H.
New-York tribune., 1920-04-25
Financial Items

r. NJ. Dyer & Co. Will move tomorrow
from their present location into larger
quarters in the Lords Court Building 27
William Street.
The Empire Trust Company has been
appointed egistrar of the stock of the
King Petroleum Corporation
New-York tribune., 1920-04-25
Mexican Advices Calm
Canadian Financing

New Canadian financing in March set
new high record for a single month.
Sales of new issues Of Canadian bonds
reached total of s4S,1o1,5 SIS, COM
pared with S8.55l 400 in February and
S79S4,500 in March. 1919. Of the total
of new issues, $14, $50 600 consisted of
provincial bonds, $S,367 300 municipal,
S24,o0o,0o0 railroad and SSS4.275 cor
poration. Altogether 100000 900 Of the
new capital was raised in the United
States, all Of the provincial and rail
road loans having been foated on this
side of the border.
New-York tribune., 1920-04-25
Bohemian City Bonds Offered

Four per cent bonds Of the City Of
Carlsbad, in the new Czecho- -Slovakian
Republic, are being offered by Jo-
sephthal & Co.. members of the New
York Stock Exchange. The issue is re-
deemable, either through annual draw
New-York tribune., 1920-04-25
Range thus

PONDS ,',,s: are a direct obligation of the
,nl';ap m'l";nipcipallty NJ OF Carlsbad, Bohemia.
winch guarantees pavment ~ ha1h
principal and interest. with it's an+;ra ~Jr''
present and future property as its full
New-York tribune., 1920-04-25
Resigns From Bush Sales Co.

james J: Evans has resigned from
the Bush Terminal Sales Building and
has become associated with similar
organization as president.
New-York tribune., 1920-04-25
Some Money Market Figures

According to figures gathered bv
Pierre Jay, Federal Reserve Agent at
New York, and set forth in recent
letter submitted to Governor Hard
ing, of the Federal Reserve Board. rs
per cent of the money employed in
1nancing operations in the securities
markets these days is borrowed on
call, compared with 60 + cent in
normal times. Before the war the
volume Of money loaned upon Sc
curltles as collateral was approx
mateiy $1,000, 100000, according to
about 60 per cent, of 100000, 900, was
loaned on call and the remaining 40
per cent, or S400,00O,000 on time. The
daily turnover in call money-rep-
resenting loans made to replace those
called or new money borrowed-for
several years before the war,
averaged about $4,000 900 Demands
last year were excessive, however,
showing an increase in the daily turn
over of 80 per cent, compared with
tn pre-war period, bringing the
average UP to S3O,000,00O
Would Broaden Discount Market
The April bulletin of the Ameri-
can Acceptance Council devotes con-
siderable space to Mr.. jays report on
the call money market. "Mr. Jay,
like other authorities" it says, "be-
lieves that the adoption Of term
settlements by the New York Stock
Exchange would relieve the call
money market from the necessities of
the securities market and release
funds now used in collateral loans.
With this reform achieved a broader
discount market would naturally de-
velop, for then the so-called stock
Exchange borrowing would take the
form of short term accommodation, or
loans extending from settlement to
settlement"
Mexican Advices Calm
American oil companies operating in
the Mexican fields continue to receive
only routine advices. So far as can
be learned, such advices give no in
dication Of any serious trouble in or
about Tampico, which is the active
center of rich oil territory Mexican
Petroleum and Pan American Petro-
leum issues displayed better tone in
the stock market on covering by trad
ers who were sellers on fridays sharp
setbacks.
New-York tribune., 1920-04-25

ings amounting to one-half per cent of
the entire issue, beginning in 1924, or bv
purchase at par and accrued interest.
The bonds mature February 2S, 1879,
and are quoted at prices to yield more
than Az per cent to maturity. The
New-York tribune., 1920-04-25
A Market View

j. S. Bache e. Co. said of the mar
ket yesterday: "The break in the
stock and commodity markets this week
was undoubtedly a reflection Of the
credit strain-not only in this country
but ali over the world The immediate
initiative may have been the tighten
ing of money everywhere resulting
from the sharp stoppage in delivering
goods and resultant halt in cash re-
turns caused by the strike. Strin-
gency at the banks, extending all over
the country, made it necessary for
borrowers to unload both stocks and
speculatively carried commodities. The
example of Japan, which has gone
quickly through the same processes
which are working with US more slowly,
affected sentiment"
New-York tribune., 1920-04-25

Japanese Exchanges Still Closed
Mitsui & Co. were in receipt of cable
advices yesterday to the effect that
while the general financial situation in
Japana is improving, some commodities
are still being sold at declining prices.
The stock exchanges are still closed.
New-York tribune., 1920-04-25
Expect Rate Advance

The Richmond, Chicago and Phla-
delphia Federal Reserve Banks have
marked up the discount and loan rate
on 5A United States Treasury certifi
Gates of Indebtedness from to 5A
per cent. The New York bank has
made no announcement as yet on this
matter although it is believed the To-
cal institution will take action the com
ing week. This is, of course, only
a technical step to place the discount
rate above the interest rate borne by
the certificates. 1t is not thought there
will be any change in commercial dis
count rates at this time.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

Dave Wells, city paymaster and
purchasing agent, is one Of the
city's oldest employees in point of
service. He has been connected
with the city government for more
than 10 years, during which time
he has handled millions of dollars
of the taxpayers money. He also
represents the Seventh Civil Dis
trict in the county court.
Dave is a homegrown product,
being born and reared in that sec
tion Of North Memphis known as
Chelsea. Realizing his value to the
city, an effort was made to per-
suade him to run for the city COM
mission last year, but he declined.
However, his friends have put him into
the race for county tax assessor, and
he has already been pledged the sup
port of both political factions, In addi-
ton to a number of independent or
CARNATIONS.
Wells is short in stature, but Is not
ed for his long smile and his ability
to make friends
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17
memphis. LEADS
WORLD COTTON
SEED PRODUCTS
Total Annual Value Of Crude
and Refined Products Here
Is $42,~ 500,000-TweIve
Oil Mills in City. =

Concerning Memphis dominating DO
sition as a center for industries pro-
ducing cottonseed products. the Cham
Der of Commerce booklet for 1929 on the
city's Industrial and commercial re-
sources has the following to say:
There are II cottonseed oil mills
here, crushing an average of $50 600
tons of eottonseed per annum. and their
output, on the basis of current prices,
has a value OF SIS, 900, 900. They manu-
facture oil meal, cake. hulls and lint
ers and sell their products throughout
the United States and overseas. Ex-
ports of both oil and cake are large.
The location of Memphis in the heart
of one of the greatest cotton produce
ing regions in the world and its splen-
did transportation facilities for draw
ing seed supplies into this city are
largely responsible for the number of
mills here. and for the unusual amount
of capital invested in this particular in
dustry.
Competition for seed is very keen and
this specific field is perhaps more thor
oughly covered than any other in Menu
phis. Every ton of seed available for
Memphis mills in this territory Is
drawn into this center and crushed
hera
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17
EN0CHARDEN' OF
TODAY GIVES HIS
RICHES TOFAMILY
Wife and Child Will Receive
$4,000 Yearly Income by
Will Of Man Who DiSap-
peared and Made Pile.

KENOSHA, Wis.-From the wife Of
a laborer on the streets of kenoSha TO
a position Of affluence for life is the
sudden transition which has come 10
Mrs. Michael Corr. Beginning March
l she and her daughter, H~ortense, a
14-year-old schoolgirl win begin to re-
ceive an income Of l 1900 a year as
long as they live.
The money is to come through the
will Of John Callahan, the first hus-
band of Mrs. Corr and the father OF
Hortense, who is thought to be an
other Enoch Arden. The first word OF
his existence they had received since
Hortense was a baby was a letter from
a California attorney telling OF the
death and of the annuities made pos
sible by oil lands in Mexico.
The bequest recalls the early life OF
Mrs. Corr and her daughter. She spent
her girlhood in St. Joseph, Mich, and
married John Callahan, her brothers
pal. They went to California to make
their home, There Hortense was born
and only a short time afterward Gala
han disappeared, leaving the mother
and her child almost penniless. Years
came and went without any word from
him and after seven years he was
legally declared dead.
The mother and the child drifted TO
Kenoaha, where for some time h was
employed at a local factory. Then a
few years ago Mrs. Callahan became
Mrs. Michael Corr and tho daughter
was legally adopted as Hortense Corr.
The letter told in brief the provisions
Of the will, which provided that the
former wife, whether she has remar-
ried or not, Is to secure 5000 a year
as long as she lives" and that the
daughter, H~ortense, is to receive 5000
a year as long as she lives, and $1,000
additional each year for spending
Mrs. Corr's brother, Callahan's old
pal, is also left an annuity of $1,000
a year and Is named as executor of the
estate. He has sent word from st.
Joseph, Mich, where he is now living,
that he has also received word OF the
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17
Hull Products.

Products Of cottonseed bulls, notably
iber for the manufacture of gun cot
ton and high explosives, inc meal for
use in mixed feeds. are made n sold
here each year to the extent of 3d.
Owing to the extremely large crush
of cottonseed by Memphis mills, hulls
are available here in almost unlimited
quantities and practically without
freight cost, and the companies engaged
In producing fiber and mixed feeds are
constantly charging their business.
= Comparatively little fertilizer is nan
ufactured from ~cottonseed meal be-
cause this has become too important as
q food element to admit of extensive
diversion to fertilization. But as its
food properties are increasingly recog-
nized 1t Is entering more and more into
the production of balanced rations FOR
horses. mules and cattle.
AS Is the case with refineries, there ia
ample room and opportunity In Mem
phis. for more plants engaged In con-
Nerting cottonseed hulls into their
readily marketable and highly profitable
products.
Memphis is headquarters of the Inter-
state Cottonseed Crushers' association
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17
Five Refining Companies,

Five companies are engaged in the
refining Of oil and in the manufacture
of compound lard, cooking oils, soap
stock and other products having a value
of $24, SOC, 600 per annum.
They secure a considerable percent
age of their supplies of oil from mills
in Memphis, but they have a tremend-
uous number of mills in Mississippi,
Arkansas and Tennessee from which
they are able to buy oil drawable into
Memphis on relatively short hauls and
on comparatively low freight rates.
Thus, while there is undoubtedly a
limit to the number Of cottonseed oil
mills that can profitably operate in
Memphis, there Is virtually no limit ito
the number of refineries or other plants
requiring ~cottonseed oil, ~linters, hulls,
meal and other products. that may OPP
crate p~rofitably in this center. Indeed,
a careful survey of the industrial field
here leads to the conclusion that I'M
usual opportunity is afforded at Mem
phis for those " dependent upon the
products of such mills in Memphis and
the entire valley territory.
h refining companies now operat-
ing here are all doing a profitable bust
ness and this of itself is proof that
fundamental conditions of supply and
demand. as well as of concentration OF
material and distribution of finished
products are right.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

ana the principal journal dealing WIKI
the c-ottonseed of mdustry Is Issued
from this center.
Establishment Of headquarters OF this
Influential orEnRfzatHoH et Mefanhis at-.
tests the prominence this city has
achieved in this industry.
II any further evidence is needed Of
the commanding position Memphis oc-
cupies with respect to this industry ii
Will be found in the fact that the totni
value Of crude and refined products
here is s42, 500, 600 per anRum.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

veal the provision he had made foE
their future. IL is believed that uher
ne disappeared from California he wen
nGaLnaEn-
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

bequssts and Is taking steps 20 c1IIec,
the legacy.
Il Is believed that Callahan. after
making his pile" In Mexico. returned
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

o Mexico where be struck q rich vein
md secured the wealth which is 90
make amends for The years Of neglect
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

his wife and
situated in. new
for mis- death TO re-
"a
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

to Is nusha and
daughter happily
HON p and waited
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-17

| IN
Re Hahi
Ell
taxed
Ian opIu
|sherm
Mo-
The central record. (Lancaster, Ky.) 18??-current, 1920-10-28

you had rheumatism last war
ami treated only the pains of the
dgease by rubbing with liniments
and lotions. YOU can be sure that
on.again you will be in the shack
les Of this relentless foe. You may
get some slight temporary relief
from the pains 81 the disease by
the use Of these local remedies. but
rheumatism Is too real and relent-
less disease 90 be rubbed away.
So many cases % Rheumatism
come from a tiny germ in the
The central record. (Lancaster, Ky.) 18??-current, 1920-10-28
Will Rheumatism Again
Bind You Hand and Foot?

blood, that you should try a rem.
cdy that has proven 80 thoroughly
satisfactory in these cases. S.S.S.,
the fine old blood remedy cleanse
the blood Of all impurities. and re-
moves all disease germs that may
creep into the blood. Begin taking
SIS today. and II you will write a
complete history Of your case. our
medical director will give you ex.
peri advice. without charge. Al
dress CHIEF Medical Adviser. i57
Swift Laboratory, Atlanta. Ga.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-25
Careless Shampooing
Spells the Hair

Soap should be used very carefully. II
iou want to keep your hair looking its
best Most soaps and prepared sham
poos contain too much alkau This
dries the scalp, makes the hair brittle,
and ruins It
The best thing for steady use Is Null
siNod Cocoauut oil shampoo (Which is
pure and greascless). and is better than
anything else you can use
one or two tcaspoonsful Of Mulsified
win cleanse the hair and scalp thorough
ly. Simply moisten the hair with water
and rub 1t in 1t makes an album
dance Of rich, creamy lather which
rinses out easily. removing every par
ticle of dust, dirt. dandrutt and exc,s-
sive oil The hair dries quickly and
evenly. and It leaves the scalp soft.
and the hair fine and silky. bright,
ustrous, fluffy and easy to manage
You can get Mulsified cocoahut oil
shampoo at any pharmacy. It's very
cheap, and few ounces viii supply
every member Of the family for months
Be sure your druggist gives you Null
sified. a.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-25
SH-H-H! c. 0. D.
. SAYSIT'S SECRET,
HE WON'T TELL

RANGER Tex, Aug. Is. (By Inter
national News Service THE Casman~
ian dehacle in its relation TO me hIlce
u bicycle sprockets and the surt1A
on sorghum importauons, was neateus
discussed by Col, {. O. d, Buitingtone'
prominent ranchman Of Calico county,
in an exclusive interview. -.
Incidentally. Col Buffingtorc gave MS
views on the potentialties OF spine
less cactus, the political SITUATION III
Madagascar the effect o. plonnI ,.ti,,,,
ON home life and the relative durabllLY
81 bison chops and antelope round
strokinc his imperial col Bufting-
tone said 1T Ia sir, source OF Keen
regret 10 me that l can not AZ ms
time enter into discussion OF Sruvie
I'd and the probable yield OF kAtiH
corn in HI dspeth ntighboring county
~ mine Though | realize that many
of my good fellow citizens OF texas
have long been looking TO me Tor an w
teranee on these questions, ! can ohy
saw that for reasons that must go uh
detailed for the present moment
must maintain silence.
0EoweVer. | can say with almost en-
tire certainty that Mr.. Bailey VIII 10
elected Governor OF Texas In the I'M +,
tending run -off Unless he rs dcieAteu
by that honorable ana able gehtleih"
Mir Neff. his assumption OF duties as
me chief executive Of the common
wsalth Of Texas il inevitable. Follow
ing the same train Of thought perpit
me to add that l have not at mus
moment any authoritative Information
IN connection with the recent Mahtoh
slaughter of parakeets In the IranS-
yaai nor have | the honor OF an lhur
mate acquaintance with the author oil
that highly informative pamnhlrl >. ~
popular now, The Care and Culture OF
Al this point Col. Buffiugtone ceased
epeaking, honed his jack knife on ms
bootleg and Whitfield of a cud OF nut
side hurley. ,..... .,s.
Continuing, he said: AS | have Just
indicated, sir, II to me seems certain
\ that succotash will never be reAi
rival OF ipecac in the markets OF me
world. No certainly not; IL would De
impossihle. Yes, certainly II would.
But. be that az II may be, nave
arrived at a decision not to accept du-
ties on the mission soon to cohslder
The ACCESSIBILITY OF accepting man
datory for Zanzibar You may quote
me on that point; A. ,.,,.,,i,,;
At the conclusion oil the 'n'oiN'F"
the colonel was asked: ,,,
"where did you get Il, colonel!
II must continue Ia maintain pro
I found secrecy SIR" he replied, Il never
abuse hospitality"
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-25

the fisheries and they start out OF Glou-
cester at fun speed. More mackerel ves-
sells are equipped with motor power
this year than ever before, according
to figures obtained at Gloucester, the
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-25
MADE MILLIONS
IN OIL FIELDS;
e. DIES A PAUPER

CASPER. Wyo.. Aug. 25 lBy Inter,
national News Service. )--Simon tOld
Sob Soloman, eighty, whose spectacular
career and extensive operations in the
coal fields OF Pennsylvania half CEN
fury ago brought him into national
prominence, is dead here, pauper.
Soloman died in IocaI hospital after
y brief illness, and was buried in pot
ters field.
There was no music no flowers, no
mourners-just few kindly words and
prayer--as the casket of the aged
man. who was reputed to have won
millions in the oil game, and lost u all
was lowered to its last resting place.
Simon Soloman, in the early 7O's, was
a figure almost as prominent as his
friend and associate. Goal Oil Johnny"
and his passing recalls tales of his sue
cesses at Titusville and Oil city, Pa,
and of the greatest strike" OF his
career in the proving of the famous
Bradford field in Mckeown county, Pa.
Soloman was said to have been the pio'
neer prospector in the Bradford field,
where his holdings were worth millions
of dollars.
From Bradford he went to Richburg
and Boliver where fortune continued to
"Old Sol' was credited with having de
veloped the famous No. S6S'' oil well,
In the Warren, Pa, field.
at was after he brought in the War
rem gusher that Soloman became ma
tional figure" a Casper oil operator
related He was only little behind
Coal Oil Johnny in notoriety. His trips
10 financial centers would Immediate
ly place him in the midst Of moneyed
men who sought his counsel. Many oil
fortunes of today received their start
at the hands of Soloman But the
years brought reverses, and penniless
and aged. Old Sol came to Wyoming
IA an effort to rehabilitate his lost for
tune. He was optimistic throughout
his fruitless struggle here to win back
some of the fortune he had lost, and
steadfastly refused to accept offers Of
assistance from men who had known
him in his prosperous days. I'm strike
1t before long. he would say, but death
ended the pitiful search"
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-25
MOTHER MURDERS CHILD.
SAYS ANGEL DIRECTED

AMITYVILLE, l.. l., Aug. 20. Try In.
appeared to me and told me to send
my child TO heaven, where all good SOL
der boys go" This is the explanation
given by Mrs Mary T, Petersen, who
admitted stabbing her infant son to
death while he lay in his crib. The
mother Is charged with murder. The
ia nily physician said she had been dis
playing traits of insanity previously.
Mrs. Petersen used a carving knife to
kill her child.