davidaulloa/AmericanStories huggingface dataset:
The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1920-01-02

A horse valued AT $4,000 Htr shot
and Killed by All unknown man. The.
horse belonged ln General Terraces
81 Mexic0 and had been shipped.
10 penn Aun county for safe keep
ms.
The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1920-01-02

SANTA Rita Little Halchnl Co 20
develop nueAnoln mInn
Silver IIIf |tl|tnts Nnn plan 10
o6|4NII|IaI0 silver industry.
wei Goa t1n. Of hay Stored
snd tVsiIlns cara fer shipment
New-York tribune., 1920-01-27
Wherein Copper Stocks Differ

Question-Can you tell me the basic res
son for the difference in price between In
splration Copper and Utah Copper both Of
which are paying the same dividends? Is
there any reason other than The present cop
per situation which has kept the Inspiration
stock at its apparently low level Also let
me knov the difference in security behind
.hc General Motors preferred stock and the
per cent debentures.-W. ?. II
Answer-There arc probably two
reasons for the difference in the prices
between Utah Copper and Inspiration
copper. First, the amount Of net
tangible assets applicable to the stock.
In this case Utah shows $ll per share
Of $40 par value, and Inspiration SCI
pc" share Of $40 par value Second.
Gaining power. Utah, for the last four
Years showed an aggregate of S65.61.
while Inspiration showed S34.44 All
copper shares have shown the effect
o; the depression in the trade We Go
not think that Inspiration has been
affected by any developments other than
this, unless. of course it be the general
depression in the SECURITIES market
There is no difference in the preferred
stock and the debenture stock of the
Genera Motors Company. other than
that the latter has no voting power un-
less earnings fall below 9 per cent ner
2iruM IN any year.
New-York tribune., 1920-01-27
In Groups of Three

H1eston--t have about So, 600 to invest
ana am undecided between 10 shares Ameri-
can sugar Refining preferred at I1S. 10
mares General Chemical preferred at 100
shares United States Steel preferred st
10. this list TO yield per cent : or 10 shares
Nmeflcan Locomotive preferred at l05. 10
mares American Smelling preferred n 100.
~ shares American Wooden preferred at 1O5
ms list TO yield nearly 7 per cent; or 10
mares Alis Chalmers preferred at IS. 20
Shares Great Northern Ore at 49, 10 shares
virRinla Carolina Chemical preferred at ll2.
ms list to yield about per cent Would
ike your opinion on this selection. or rather
your selection Of three sound investment
stooAs.-M NJ. P
Answer-Your three groups Of stock.
represent just about what you would
expect so far as security of principal
is concerned. That is, the list Welding
T. per cent is entitled to higher rank
ing, than the list yielding per cent.
and SO on. The first group are stocks
OF companies whose dividends record
has been good over a long period of
time, and whose margin Of earnings
over dividends has been ample. The
second group is not so good, while the
thlrd group Is not SO good as the sec.
ond: How would United States Steel
preferred. American Wooden preferred d
and Virginia Carolina Chemical pre-
ferred do" The yield would be about
6.3o per cent.
New-York tribune., 1920-01-27
Lull in Europe's Buying
Shown in Exchange Mart

A hull IN European buying in this
country at present is indicated by con
ditions in the foreign exchange market.
bankers said yesterday. Comparatively
few bills are being offered for sale,
and this led to the belief that there was
a slackening OF actual commercial
transactions out Of which they orig
mate.
The policy Of tho Federal Reserve
Board. which has been interpreted ss
favorjrg d liquidation Of comm oditics
TO reduce loans against them, has in
duced foreign purchasers to hold off for
time in anticipation Of lower prices.
IL was said, and, moreover, many of
the countries have placed orders for
their most immediate needs and prefer
to wait for time before buying fur
ther. If these assumptions. made by
several we'll Informed bankers, arc cor
rect II would mean that the turning
point IN the history of Americas trade
with Europe has definitely come and
that the decline in exchange rates has
at least curtailcd exports. The figures
for the month of December revealed 3
significant falling of in exports COM
pared with the previous month.
Despite tho light Offering of bills
Yesterday, exchange rates on London,
Paris Antwerp, Rome and Berlin tum
hled TO new low records The market
seemed unusually sensitive and re-
hected 'he slightest selling pressure.
Checks on Berlin closed a l.0a per
mark. The weakness was attributed
mainly 10 selling from speculative
quarters in the neutral countries Of
Europe, where many individuals were
holding marks in anticipation Of a huge
toners to carry marks on a relatively
thin margin, which has been wiped out
by the collapse Of recent weeks, In
the United States, il is SAID, most Of
tho spectators in marks had to huy
them outright. and arc considered
loaded up 20 capacity with them and.
therefore, unable TO lake advantage Of
ne new "hargs prices.
Exchange expert, expect sterling 20
ShoV some strength later in me year
whon tho British begin to export in the
form Of manufactured goods much of
the cotton and other raw materials pur-
chased IN this country. The demand
for dollars IN London vas fairly great
yesterday
Bankers again expressed the view
THAI there Wa- no reason 10 believe
that francs and lire had vet reached
The bottom. The wide swing in ex-
chanecs. exchange dealers say, IS due
TO the fiuctuating belief OF spectators
as 80 when the bottom is near and
when a rally is in sight
At the close OF the market yesterday
demand sterling was quoted at s3.5s50,
French francs, 12.55; Belgian francs
1874, ire. 1865. and marks, l09 \
leading international banker said that
he was pessimistic about Developments
IN Central Europe and anticipated po-
lNcal revolutions, but vas hopeful
about the trend IN western Europe.
New-York tribune., 1920-01-27
$1,000 for Investment

Question--I have 5000 for investment
and would like you to suggest list of
securities where the first requisite is .afety
Of principal In your opinion IS the follow
ing list desirable one: Great Western
Power per cent first mortgage bond Elec-
tic Bond and Share 5 per cent preferred
took. Louis svic CAs and Electric Company
per cent note due September, 1870: Be-.
gum bonds II. 5. n.
Ansvcr-The securities you suggest
for investment are not Of the highest
grade. Apparently they are safe CROUCH
al present. The Belgium bonds appear
10 offer consl lderabe IN the way OF
speculative possibilities. besides their
Investment attraction, for II cxchang
rises purchasers Of these bonds in this
country will benefit. Electric Bond and
Share preferred stock appears to be Il
fair investment. The company is ably
managed. the common stock being en-
tirely owned by the General Electric
Company. Some Of the British internal
loans offer opportunities for specula-
tive investment. The exchange rate is
low, and should il rise bondholders
here would, OF course, benefit. We as
sumo you desire Yield OF from s per
cent 70 : per cent. Seasoned stocks
ike United States Steel preferred, Cen
trai Leather preferred, American Car
and Foundry preferred and United
states Rubber pre- erred offer opportu-
mites 10 obtain suca return with rea-
Sonable safety
New-York tribune., 1920-01-27
Consolidated Gas
Earnings Drop to
S1.1l2,440 in 1919
Profits for Year Equal Only
81. Ii a Share on the Cap
ital Stock; Operating Ex-
penses Heavily Increased

Net income of the Consolidated Gas
Company for the year ended December
81. last, after interest charges and
taxes, was S4,112,440, equivalent to
SAIL share on the 100000, 900 out
standing capital stock, compared with
1858 share. earned in 1918. After
payment OF the regular annual dividend
of per cent there was deficit last
Year of $2,909,356, contrasted with 8
dcnclt the preceding year of 1922 1898
Total income for 1919 amounted to
So,o9o,s76, decrease of Sl,639 1896. IN
a statement TO stockholders at the
annual meeting yesterday George g.
tortelyou, president Of the company,
stated that while it had been expected
tnat earnings from the gas business IN
i@l9 would be less than in 1913 The
falling off had been worse than had
been anticipated, due to the fact that
the prices OF material and labor were
on constantly upward swing most Of
the year. and at the beginning Of 1919
many materials, including gas oil, were
higher than at any time during .he
year.
As the result Of these conditions" ="
said Mr.. Cortelyou. "the cost Of manu-
Featuring and distributing ras is sub
sstantially higher to-day than it has
been at any time since war was de-
clared IN Europe and there is no pros
pect OF any Improvement in the con-
ditlons affecting such COSTS"
Mr.. Cortelyou stated that the in
crease IN operating expenses last year
alone amounted to S2,282 0S0 The
total Increase in the operating cx-
penses of the gas and electric com
panies was $6.234 400, of which S3,30l,-
42o was due to the greater quantity of
gas and electricity sold. The total in
crease in operating expenses over 1915
was s22,411,362. about 70 per cent Of
which was attributed to increased ey-
penscs and taxes due TO the war.
The maximum days output of the
company IN 1919 was on Decen, bcr
l6 and it amounted to 172 ,249 900 cubic
feet which exceeded that of the winter
of 1911-1s by 12,172,0o0 cubic feet.
The combined sales Of gas Of all the
companies last year werc 33,674,972 900
cubic feet an increase over 1918 of
2.0S per cent. Sales of electric cur
rent amounted to S65,3Ss, 800 kwt., an
increase OF 14.37 per cent.
Regarding the suit to invaldate he
so per cent Gas law, Mr., Cortelyou said
he believed the evidence submitted
justified favorable decision for the
coT pany.
New-York tribune., 1920-01-27
Victoria Oil COMPANY

Question bout five years ago was
foolish enough TO invest all my money
about 5000 IN Victoria Oil. "a ] was told
j had great possibilities have of course
in time learned different, know that YOU
do not other in giving advice OF that class
Of stock. nevertheless I will take "a chance
IN asking if you have heard ANYTHING regard
lnr recent earnings or activities Of tad
corpary.-W. =.
Answer-The Victoria Oil Company
At the present time appears TO be de-
voting most Of its energies to develop
ing its holdings In the Big Sinking
Greek section Of Kentucky. The com.
bined production of the company S
wells in tins district and in West Vir-
enia could not be ascertained nor do
the officials seem disposed to give out
any report on earnings ". E. Gil
more, chairman of the board of di-
rectors, we understand, is taking an
active part in the management of this
concern
New-York tribune., 1920-01-27
Financial Items

s. Indicate headed BY r. asraa Il
ro. are n j. hoe. las been far.a'a to
-1~ nsse a-t eranso ~cnt'trstfcr ~
'~lerrrrt
New-York tribune., 1920-01-27
@'hcrwin-W iIiians Preferred
Ntncs, /. ndcrMriiten

William A. Read & Co, together
With the Cleveland Trust Company ana
Rortou ( Borton. announced yester-
day that they had underwritten an
issue OF Si5.0oO 600 preferred per
cent stock OF tie Sherwin-W illiams
Company. the largest manufacturers OF
paint and valnlsn n the world.
A syndicate is being formed 10 maze
q public Offering Of as much OF the
issue as is not taken by the holders
of the company's outstanding per
cent and : por cent preferred shares,
who viii be given the opportunity 70
subscribe to the new preferred stock
.. par Tie proceeds from the sale OF
this issue VIII be used Tor The exten-
siol Of the oompanys plants and Ter
the acquisition o. additional properties
Or completion OF The new financing
i Vas stated the company viii show
net quick assets OF $l25 and nct tan
gible assets o. $206 a share on The out.
standing preferred stook
New-York tribune., 1920-01-27
Investment
Information

In this department The Tribune will
thro,c the light Of such information
as Is ot its command on the invest-
ment problems of its readers. The
utmost care ie ttsed in the compitd-
ton and presentation Of such in-
formation and ,re belieue it to be de.
pendable. But ace wish especially to
emphasize to our readers the facs
that neU developments Of such ina
portonce os to greatly change tho
status Of Il security are constantly
taking place. Therefore, as q matter
OF self -p' otection, tho inpestoy should
make 1t a point to keep il, close touch
ruth the affairs Of the companies
whose securities he has purchased
ana Tsth general depeiUDncnts bear
ing upon the rdlue Of such securities.
CONSTANT a0atchfuiness is the best
sofeguard the investor can possibly
haze
Questions Of general interest to
'nUestors acilt be dnsUered in this
column, an which case Only initials
'oiu be used. Others DiIl be an-
spered by mail. address all in
1nraes. snclosino stompec. ad-
dyesssd envelope to Financial Editor,
3he Tribune. I54 Nassau Street. Neas
York City.
New-York tribune., 1920-01-27
North Pacihc Aihs
kennecott Copper
Yield Over Z p. E..
President Of Company SAYS
Demand for the Metal Is
Increasing

The rev issue Of sl5,o00,ooo Ten
year per cent secured bonds Of the
Kennecott Copper Corporation sold 70
& banking syndicate headed BY }. r.
Morgan &; CO. are beng offered to the
public st eeIs. to yield 7hs per cent.
The bonds viii mature February /,
1880. The purpose OF the issue is to
raise funds 10 pay OF Sl2 600 0Q0 ken-
necott Copper one-ycar notes maturing
March and to provide additional
working capital for the company.
In a circular to the bankers Stephen
Birch, president, states that the COM
pany's net revenue IN 1919 was ap-
proximately s6.2e3 900 The Utah Cop
per Company. SO per cent of the stock
Of which is owned oy the kennecott
corporation. he said had 4 net work
ing capital OF November last Of
SlS,o2l 900, consisting of cash and mar
ketable securities.
Mr. Rirch pointed out that the tend
encv OF .he copper demand last year
was reflected by the oompany's guar
terly sales. which increased from
o,6ol 600 pounds in the arst quarter
to 2o.355.o0o pounds in the last quar-
ter In the second quarter they totale d
e044, 900 pounds and in the third GUAR
ter s.eeooo0 pounds.
The buying Of copper which dc
veloped in the latter part OF 1919 said
Mr.. Birch, has continued thus far
into 1920. and sales made By the cor
poration during the year 1919 exceeded
the entire production o. that year.
The outlook for copper is promising
1t is known that large latent demand
FOX copper has accumulated in foreign
countries. especially in Europe. which
American produce will be called upon
TO fiji. The position ef copper with
respect 10 domestic business is also on
a very sound basis, consumption in this
country d, the present time largeiy eX-
New-York tribune., 1920-01-27
Financial Items

T SssM. lynch 4 Co and Josc?hthal (
H. ~, oesl authorized b. the Wntte
Is ~, ~ sad Refining Company. wichita
kno,o secef, subscriptions 10 the new
fkhn;ssst sstocS' "a present being issued 70
1, AZ ~. IN -. proportion q. - per
I y their holdings i. :si..
g. e. 'ssne OF $500. 900 State OF Minnesota
ts,seN Nsns h,' certificates of Indebtedness is
k.cs., syndicate corn posed OF Ftrst
Nv sank. William r. Compton Corn
Il own Bros. Co l<issvl. i<nfn,.
sss,. hsawoud 4 Co. Stacy Braun
< s,s ipsrker a Co. kean. Taylor &
es s"S NemAck. Hodges & Co, OF New
Il ma aInafn, Parsons s Co. OF Phila del
II Sc /. Day s. Co and Merrill. oia.
irsr~ 81 Boston. The certificates are
h eyn.tgauon duo Seriaily August I
sse,ss, seoru4ry J. 1880 at prices and
sgs yielh IS per cent. The bonds
- investment tcr savings bsri.s and
st''a ir N~iv Ycri1. .F4SsacN Nus-.t-
New-York tribune., 1920-01-27
Y orld-Widc Demand for
.Anerican-Made Products

Fract!cally the ent-Te word. With tho
exception OF The Cen,ral Powers and
Italy, is in the market for American
made automobiles. leather goods, wear
ing apparel cheap .eFelry, toilet
goods and soap. These are the leading
items mentioned IL letters received
during the last few weeks b. the Bush
international Merchandise Exchange.
the forei gr trade department Of the
Bush Terminal Sales Company. In spite
o. the unfavorabe exchange rates
under which most foreign buyers are
compelled 10 operate. many Of the let
1er5 received indicate taat The necessity
Of obtaining goods oversi 51ows he
New-York tribune., 1920-01-27
Karitan Refining

Question: notice Helwis & Reuter- are
ofering Eariian Refining Corporation : per
cent aud participating N year gold bonds
lf-H At %. claiming -ane 20 yield about
'.5t per cent. What is sour opinion Of these
bonds Do yop consider them in the specu-
!a.7c lass and are they good. sound invest
menis for person Of moderate means =
r N l.
AnsNer-The Raritsn Refining per
cent bonds cannot be considered good
INVESTMENT It present for the reason
that this company hiss not yet started
operation. The refinery is expected to
start up about February and we un-
derstand some good contracts have
been secured. Until the results GOV
ering u fairly long period are known
these bonds must be considered specu-
lative. You would do better to invest
in securities which have shown their
earning power over q period Of years
New-York tribune., 1920-01-27
Entitled TO Good Rating

Q-es tlon-Wii YOU kindly give me yoa-
op.a.on OF the guaranteed first mortgage Ger
ilacates issued by the New YORK Tide AAd
Mortgage Company Do you consider them
Of principal with . good return Is desired ?
A. Z. P.
Answer-The guaranteed mortgage
certificates OF the New York Title and
Mortgage Company re entitled to a
GOOD investment rating
New-York tribune., 1920-01-27

planning % n1ak~ a
ne sr future. The
fa called ns Axsoc--
aHies Inr as7 'f
c-Vits OF $50 0ne
10 ~ which -30 o.0
Nafrff Is rf :,
New-York tribune., 1920-01-27

com Da-l~s az. IS
plDiic Offering IL r
ne N co0a PAM Nil
a'al selling Corn,
"a SO an syrhorlxe
a4rcs % no par =.
7.i Re- sl-r
aH il tar.f-
New-York tribune., 1920-01-27

.s, neT' Z. t'eircs. iienry C. Hooker. ". car
n''n ara Sithard l. Nher.rau ~
i'ol2cH r. TIE uar' ae-sAin hs~'t..ee-.
20 eeH ;heHa untar he nan -
80 80 l.ai 8 Co. h~s Der ei,ssi +
, c"rsf ou 'aer .usosr
.- a- Hf.ter tf. -...
Starr - ..
Elbert County tribune and Elbert County banner., 1920-07-02
CHAPTER XVIII.
The Rescue.

Out of the darkness little light be-
gan to glow. 1t shone and sparkled,
and suddenly raced skyward, disclos-
ing the outlines of the schooner
stranded upon the edge of the ice field.
Baptiste drove his vessel straight
toward 1t, running upon the gale. The
little group upon the deck watched in
terror as the flames spread. until it
could be seen that they enwrapped the
entire fore part Of Dupont's schooner
Dupont. in his madness. evading
Brousseau. had set fire to the lumber
with the aid of the petroleum kegs
which he carried in the hold And
Brousseau. at the wheel. was striving
desperately to run the burning vessel
back into open water and cast her
upon the ice-free shore Of the south
passage, beyond the point. In his
fear he had forgotten Madeleine and
Hilary.
AS Madeleine crouched on the ice.
still frantically endeavoring to recall
Hilary to consciousness, the thinning
mists rolled back. Looming up out of
the darkness, and approaching rapidly,
'oS 'hN StNohu othoohcI AT liit Sdlue
time voices hailed them. They had
been seen.
Brousseau. upon the poop. yelled in
answer. And he began to run to and
fro in his excitement, possessed only
by the fear of death by fire.
The flames spread. The cabin was
now involved, and a great column of
smoke was shooting skyward. carrying
with a fiery spark cloud.
Dupon came out of the smoke, his
face alight with fanatic madness. He
caught him by the arm.
"See the fine fire!" he shouted "He
won't get out of that In hurry. I
told her that would give her his life
for the name. but l have not got the
name. The name! What is lit The
namev
His voice rang out across the heav-
Ing water. and, as he called. Baptiste
swung down the wheel, and the second
ship glided alongside and passed.
1t drove OF into the distance. driven
Elbert County tribune and Elbert County banner., 1920-07-02

Father Lucien. who followed him. Let
him diei" he shouted. You know.
mon pere. you know what he has done
to me and mine!"
Lafe, who understood hardly n word
OF this colloquy, caught precise sense
Of what Baptiste was saying. partly of
the gestures, but more by his faculty
brought out through dialogues on
many evenings with his friend Trem-
blay. He tugged at the cures arm.
"Tell him that story amt true. IA
ther,r he said. 'That's what's worry
Ing him."
But Father Lucien resumed as II he
had not heard:
Even so, Jean, Mademolselle Ros-
nv's life, perhaps, is In danger. And
even If that were not SO. thou must
return good for evil. Else his blood is
upon thee"
"Let 1t be there I would have killed
him. only they pulled me away"
at is thy duty. my son." said the
cure quietly. ''It is a hard test, Jean,
but when God calls man to duty, he
must obey.
Baptiste began to break down. "Ah.
mon pere, you ask me the hardest
thing in my life." he groaned. TN
the forests 1 have seen his face before
me. | have dreamed that | had him
by the throat, and started up with joy.
l have struggled. and have contrived
to fight down my desire to slay him.
And now you tell me must save him.
No. no. mon pere. Save the girl-yes.
But let some one else sail the schoon-
er."
"Say. Father Lucy, why don't you
explain to him that that yarns lle?"
persisted Lafe.
But again the cure ignored him.
1--WE shall sail as soon as possible,
Jean" he said. go back to the store
and Instruct the storekeeper to tele-
phone to the crew-Orouin is one. and
the others / do not know. And then
return to me-"
Jean-Baptiste stood like statue. He
hung his head. muttering. Then, slow
ly. he raised 1t and smiled into the
cures face (.
Enough. then. CO." he said
gravely.
well. I'm darnedr exclaimed Lafe.
Say. father, why don't you tell him
1t wasn't true, that storyT
The cure smiled whimsically and
laid his hand on Lafe's shoulder.
"Ah. Mr.. Lafe." he answered. when
exercise will cure a paralyzed limb. we
do not use the crutch."
Lafe stared at him. And slowly he
began to understand. Father Lucien's
Elbert County tribune and Elbert County banner., 1920-07-02
WAGE Succession War on p.st.

The worst enemy of the grape grow
ers In California is minute insect
called the thunder fly" because 1t ap-
pears In greatest numbers in hot and
sultry weather. when thunder storms
are frequent. A man out there has In
vented suction apparatus, with ten
horsepower blower, that is placed on
wheels and driven through the vine
yards, harvesting the pests from the
vines as 1t goes along. 1t is said to
work very successfully.