davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-12-01

An automobile driven by II, K.
Mcdowell and a street car collidei
yesterday afternoon at Second
street and silycE avenue, according
to a report 10 the police 10y MI.
Mcdowell. lie assumed RESPONSE
bnity tor the accident His aut"
was not seriously damaged,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-12-01
TUBERCULOSIS

Or. Glass has POSI-
tive proof he is able
to cure tuberculosis
by inhalation in any
climate,
For further infor-
nation address TIE
T. f. GLASS INHA-
LIANT Co. MASON
BUILDING, l. o Q
ANGELES CAT
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-12-01

Cotton has been grown in India
since beyond the memory Of man,
New-York tribune., 1920-11-02
German Internal Bonds
Quoted in dollars per 600 mark
Atlanta Federal Reserve
Adopts Flat 7 p. e.. Rate

*Unlisted. 1sel cents per share.
New-York tribune., 1920-11-02
Curb Tone Heavy
In Light Trading;
Oil Shares Quiet
Business in Small Volume
as Traders Show Little
Interest; Reactions on
Small S cling Orders

Reactions ranging from fractions in
the lowerpriced issues to more than a
point in some of the others featured
dull trading on the curb market yes
terday. Business was in small volume
as result of lack of interest and the
absence of many traders.
Oils were dull and easier. and the
Standard Oil group was quiet. Indus
trials were fairly active within mar
row range. For the first time in sew
eral weeks there was a sale of Stutz
Motors, three shares changing hands
at 270, an advance Of 80 points over
the previous sale.
Announcement was made of the in
auguration of quarterly dividends by
the Spencer Petroleum Corporation by
the declaration of per cent, payable
in one-year script to bear per cent
interest This script can be converted
into common stock at maturing at
$3.50 per share. Heretofore the COM
pany paid 2 per cent cash monthly.
The new departure, it was stated, will
permit the management to conserve
cash working capital so the develop
ment and expansion program can be
carried out.
New-York tribune., 1920-11-02
Security of Japanese Issues

Question: shall greatly appreciate your
advice in regard TO the following invest
ments: Chicago. Milwaukee & St Paul
consolidated 4 Y per cent bonds due 1892,
due 1881. Imperial Japanese government
Az per cent due 1925. What is the diff
ference between the Japanese bonds sell
Ing on the market for about IS and those
selling at about SO? Which is the better
Investment? Why are Frankfort munich
pal bonds selling at higher price than
those OF Hamburg or Bcrlin?-M. NJ
Answer-Thc Chicago, Milwaukee e.
st. Paul Az per cent bonds 1882 are
equally secured with other issues by
first lien cn about 718 miles, a second
lien on 6,706 miles, third on 2,483
miles and by pledge of bonds of the
Chicago. Milwaukee g. Puget Sound
Railroad. The road mas not operated
we'll of late, but with increased rates
great Improvement should be shown.
We regard the bonds as a very fair
investment. The Japanese bonds are,
so far as we know, sound investments.
The purchase of all foreign bonds is
more or less speculative, because there
is chance of political complications.
We do not imply that such is the case
here. The AZ per cent frstseries due
1925 is first charge upon the govern
ment tobacco monopoly The Az per
cent second series is second charge
thereon. The per cent bonds are
not secured. The City Of Frankfort
bonds sell higher because it is the
richest city in Germany and is in
occupied territory.
New-York tribune., 1920-11-02
Advance in Cotton
On Quiet Buying;
May Gains a Cent
Short Covering Is Mainly
Responsible for Market
Rally; Foreign Trade Re-
ports Show Improvement

There was sharp advance in the
cotton market yesterday. Doubtless a
good part of the buying, which was
not active taking the day as whole.
reflected further covering Tor over the
Election Day adjournment.
Such operations were promoted by
the strength of Liverpool and the un-
favorable weather in the South, with a
possibility that new price level might
be established in the English market
before the reopenng here on Wednes-
day.
There also may have been some scat
tering buying on predictions of a grad
ual improvement in trade after cleo
tion is over, and the advance in the
late trading was stimulated by reports
that the holding movement was be-
ginning to have a more pronounced
effect in the Eastern belt. Another
feature was the comparative absence
creased the sensitiveness of the mar
ket to buying orders, and Liverpool was
prominent buyer here during The
earlier trading. May was the strong-
est position selling up to 2O.85 late IN
the afternoon or 100 points above the
closing price of Saturday,. That de-
livery closed at 20.75, with the general
market closing at a net advance of
81 to 80 points.
Private cables said the advance in
Liverpool was due to an absence Of
hedge selling and some buying on pros
poets for a reopening of trade with
Russia. There were also cables re-
porting better inquiry for goods
from China and some buying for Cal
cutta. Reports from the domestic
goods trade showed no improvement,
and except for flurries of activity at
the start and close trading here vas
generally quiet.
Southern spot markets as officially
reported were unchanged to SIS points
higher, with middling quotations rang
ing from 21.OO to 22.00. compared WITH
21.50, the closing quotation for Dc
cember contracts here.
The local market for spot cotton was
quiet and so points higher, at 22.50
for middling. No sales were rcoor ed
The range of prices follows:>
New-York tribune., 1920-11-02
Wheat Is Slightly
Higher in Spite
OF Heavier Tone
News More Bearish Than
Otherwise. bit Offerings
Drop; Canadian Receipts
and Shipment. Liberal

The wheat market on Monday as
trading operations were largely in the
way of evening-up contracts. Price
changes were feverish and. while the
market at times was heavy, the close
was comparatively firm. with net gains
OF Il to cent.
The news of the day was considered
,aore bearish than otherwise. but the
trade was not inclined to press the
selling side and shorts We're good buy
crs on the reactions. Receipts at pri-
nary points were only G3.000 bushels
less than "a week ago. and so far the
holding movement on th1 part of farm
ers has not had any pronounced in
ifuence on the movement
Canadian receipts were again heavy
and the Federal Trade Commission,
which is investigating the wheat situa-
ton, reported that importations of
wheat and wheat flour from Canada
during the first fifteen days Of Octo-
her were greater than at any other
period during the last seven years.
Canadian flour was being offered freely
at prices which were 80 cents TO 81
a barrel under similar American
grades.
Exporters were evidently out oc the
market and reports from Europe were
to the effect that more supplies are
being secured in other markets. Bel
GUM was said TO have bought wheat
in India, while France is getting
barley and wheat from Russia. and it
was expected that some OF the foreign
buying will soon be directed to Argen-
tina for January February shipment
Some thought that this was foreign
propaganda to keep prices down. but
at any rate there was little foreign in
New-York tribune., 1920-11-02
Member Non-Memher
Silk More Active

Manufacturers of highly styled wom-
ems garments are beginning to order
silks for spring. A leading house man
uufacturlng high type silks reports a
fairly good business Of this nature with
deliveries running into next month.
Satlns, gros de Londres and tatfetas
are in the best demand for sDring, so
far as the season has developed at
present.
The day to day business that is pass
ing in new goods. according to manu-
facturers, is showing an appreciate in
crease. The future of the silk indus
try is felt to be more secure, although
uncertainties still surround the raw
silk market. Some manufacturers as
sert that prices of finished goods are
unsatisfactory from their standpoint,
but that the only thing TO do is to meet
the market and try TO keep their or
CARNATIONS going until the situation
clears still more. On goods being sold
now for future delivery the price
shows little or no profit to the pro-
ducer il is claimed
New-York tribune., 1920-11-02
lmporiations of Foreign
Made Clothing Increasing

Opinions differ on the amount Of
competition being given American man
ufacturers of mems clothing by i'm
portatons. English made overcoats are
appearing in this country in larger vol
ume than before the war, according to
some trade leaders, and two heavy i'm
portations Of British made suits either
have been landed or viii be in the near
future. One of these is being handled
by life insurance company which is
selling the suits to its employees and
their friends
These recent importations are not to
be confused With the sales of British
governmentmad de clothiry that cc-
CURED last year and early this year
The government clothing was the sur
plus remaining after fitting out British
soldiers with civilian garments, and
was generally conceded to be unsatis-
factory for American wear
New-York tribune., 1920-11-02

Co. Inc. manufacturers. 1854 West
Twenty-frst street-
FRANK \ Involuntary netitior
against Frank 4. Goss restaurate1r. trad
ing the Academy Lunch. i2s East Four
teenth Street. Liabilities. S5.ooQ. assets.
Schedules in Bankruptcy
The following schedules in bankruptcy
We're filed yesterday IN the United states
Distric, Court
STEINER & HAUSNER-sch ches,,les q,
trading as steiner & Hausner. 81 VEST
Fiftieth Street, give liabilities as Sll5.6s0:
a. s. CANTON CO.-schedules n Albion
S. Canton, dealer in auto accessories
trading as A :. Canton Co. IA Franklin
s9.ls6' 9S''''
Assignments
THE CHURCH LITERATURE PRESS
INC. printing and publishing. with Of
fices at bible House has assigned tor
eron. The company was INCORPORATED in
1910 charles l.. Pardee is president.
MUSICAL BUREAU OF AMERICA
INC. concert managing. with offices At
Isl West SeventN-fourth Street has as
signed Tor the benedt of creditors to Leon
Prof. Elias J. F.ledland is treasurer OF
Receivers in Bankruptcy
The following receivers in bankruptcy
were appointed yesterday IN the United
states District Court.
u. L. w AG\ER lNC-Judge julius NJ.
Mayer appointed Maurice l. Shame re-
ceiNer for II. r Wagner Inc. furs is7
West Twenty sixth Street. with "a bond Of
$4,000. Liabilities. Sl12.C00
LOUIS Is. ELLENBOG EN-,Tudse Mayer
appointed Oscar 1sstaedter receiver for
Louis *. Eiienoogen. waist manufacturer.
299 t1itA Avenue. trading as the Right
Blou.e. with a bond of s. 600. Liabilities
So, ,000 assets $1,000.
Receivers in Equity
Judge Julian ". Mack. in the United
states District Court yesterday appoint ed
Max Iowdnthat and Henry : Fafleivh re-
ceiVers IN equity for the E. +. Drew Com
pany Inc n.annfacturess. exporters and
Importers. so Broad Street. IN bonds of
5o0e0 each.
sumner l.. Samueis. plaintiff in the bill
Of complaint. states he is peiItioning =
recover S6.175 on an assigned claim from
the Charles + GarriEles Company for
commissions and brokerage foes
The bankrupt company Is q Delaware
corporation, with offices and factory ~
Wilmington. Principal offices are at 30
Broad street this citN. The company has
subsidiary offices and factories az Central
Falls, X. L. Chelsea. Mass, and Philaasl-
phla. Stated Liabilities approximate $500
W. a So IN New forA State. consisting
chiefly OF merchandise in Warehouses and
tween two and three million dollars
The hankruptS dealt IN cotton warns.
vegetable oils coffee. chemicals and gen-
eral merchandise. In its answer 20 the
complaint the company admits its finan-
cial embarrassment Franc q Becker. 90
broadway are attorneys for the plain
tiifs.
New-York tribune., 1920-11-02
Z. S. Exports Show Slight
Recovery Imports Drop

WASHINGTON. Nov. 1-Exports to
Europe and South America showed
Slight recovery n September from the
slump noted in August, but there was
further reduction in sh'pment> to
Asia. Imports from al three of these
continents showed sharp decreases
A statement issued to-day by the
Department of Commerce placed the
exports 10 Europe for the month at
S313.412.S25, as compared with s293,-
034,3S3 in August. Imports from Eu-
rope were S9l ,048 29l. compared with
$l14.751.701 in August This left A
balance OF trade IN favor Of tho United
States Of approximately $4,000, 600 for
September.
Hxpc1ts TO South America for Sep
tel0ber totaled S54,447362, compared
with S46.643.2S2 in August. while i'm
ports were valued al So. 2.499 922. com
Jared with $633Ol,49l. There thus was
: balance Of trade of approximately
s8,00O,Oo0 in favor Of South America
during the month.
New-York tribune., 1920-11-02
Commercial Credit

Through their national association,
retail credit men are being. advised to
stimulate their efforts toward making
customers pay their bills more
promptly, especially those that have
been running sixty days or more. The
unemployment situation is possible
danger that is pointed out to the credit
men in allowing the general public too
much leeway with the retailers money
or goods. Retail collections are re
ported slower in almost all parts of
the country, but the situation has not
Yet reached a critical stage.
Commercial paper continues fairly
active without any appreciable lower
ing in rates. Most prime paper is dis
counting at per cent, although some
exceptions are made in favor of a
slightly lower rate
Bankers acceptance rates, quoted
yesterday by the American Acceptance
Council were:
New-York tribune., 1920-11-02
Butter, Cheese. Egrs

Butter Receipts, a9l5 packages Cream
cry, higher than extras. ID. 6oi, 0D sac: ~
tras. 92 score. 81 Il Gy62c, hrsts, 90 to 81
score. "a soc: frsts. IS to 80 score, a. @
grades 5S a S9c' Danish casks. 5Od 5Sc;
unsalted. higher than extras SO ~ 0s4Lsc,
extras. 81 J.. a 81 i2C firsts 4SfD6Oc. SOC
"ndS. 100 ibc. state dairy. tubs fnest
9S o soc good to prime. so a SIC; common
10 ialr' - q ]sc' renovated. extras 46do
&c, ladies', current make. hrsts, 35 n 36c
seconds 52a 33c; lower grades. 30GrSlc,
packing stock, current make. No. 3am
'- &c. NO :, gle; lower grades, 2sn n soc
Cheese Receipts. 2sl4 boxes. State
"hote milk, held fats specials lb 2s0
sc: average run. 24GD csc: fresh specials
-S q re- average run. 229 22Lsc lower
grades zoo II ]2c; twins. held specials
- a : re average run. 2t4 35c; Wisconsin.
neia neia twins' 2oa 26c; single Daisies. held,
rs z q 2I 'sc; double Daisies. held 2sG
- re; Young Americas, 27la G2sc; s<ims
heid, IS U 2oc prime to choice, l50l7lsc.
tar to good. 120 l4hc: lower grades. loo
FEgs-Fresh gathered. extras. dozen. "a
75c; extra irsts. II a 7Sc trs,s. SIS a 7oc
seconds, s0n6ic; dirties, No. | 4sQr soc
frlserator special marks. fancy. 5sc
Pennsylvania and nearby western. hen,
nery whites. extras. o4@N6c. extra frsts.
500 9oc' frsts. SEA sSc; gathered whites.
trsts to exfr. frsts 81 a 9Sc; under grades
white extras. 80 n csc, extra firsts. soc
hrsts. s2Wssc; under grades, 60Gsoc'
medium size. 72fl75c; small 65GToc
otner western and Southern gathered
whites, IS q SSc; state. Pennsylvania and
nearly Western hennery browns, extras,
rs $50 gathered brown and mixed colors'
nrsts. s7a7ac. GAIL
New-York tribune., 1920-11-02
Business News
Dry Goods Jobbers' Sales Forced
By Bank Pressure, Is Belief
Movement of Cottons Awaiting New Prices in
Line With Those Already Made; Business
Dull Despite Reductions

Rumors, too often repeated TO De
ignored, credit banking pressure with
being responsible for the large reduc-
ton, sales that dry goods Jobbers
staged last week in the Middle West
and are now staging in some whole-
sale centers in the South A prominent
mid Western retailer, who also is a
bank director, stated in the once OF
commission merchant here. that the
greatest reason for dull trade in whole
sale circles to-day is the bank pres
sure that has been exerted on mer-
chants. "Many bankers" he said, have
informed merchants they have gone
the limit on bank credits, and that
further money to carry on business
must come out of the stocks in hand.
Undoubtedly this has had some IN
fluence in the liquidation that has ap-
peared recently in dry goods jobbing
retailing circles"
AS evidence that lower prices on a
few special fabrics are not productive
Of business, selling agent, handing
branded line of goods that were radl-
cally cut in price a few weeks ago, as
serted yesterday that the volume Of
business at the new price has not been
any larger than that of September
when prices were much higher. New
business came in more rapidly in the
latter part of October, however. than
i. did at the beginning of September,
which was the low point in the years
depression, so far as orders in this
house were concerned.
1t is conceded throughout the cotton
goods trade that forward movement
Of goods in primary centers now de-
ponds upon bringing the entire goods
market in line with the announced re-
auctions on some fabrics and in the
release of credits that Will permit
wholesalers and retailers to operate
more freely than they have in the last
few months
New-York tribune., 1920-11-02
Cotton Statistics

Liverpool cnbles-Spot cotton in good de-
mand at points decline middiing. 16.49d;
sales. 1000 bales (American 5000 bales)
imports. 1900 bales tan American). Fu-
lures opened steady at to 81 points ad-
vance; closed steady a AZ to SO points ad-
vance; closing prices: December. 15S0d;
January, l5.52d: March. 15l6d: May.
14.90d. Manchester: Yarns. moderate de-
mand; cloths, fair business doing.
New-York tribune., 1920-11-02
Business Troubles
Petitions in Bankruptcy

Petitions in bankruptcy filed yesterday
in the United States District Court were
follows.
LOUIS X ELLENBOGEN-Inv Involuntary
petition against Louis X. Enenbogen.
waist manufacturer. 259 Fifth Avenue.
trading az the Right House. Liabilities.
$4,000: assets. $1,000. Shame & Wsinrib.
2s9 broadway. are attorneys for the three
creditors petitioning.
JAMES Observation-Disclosures petition
against James Landau. ladies' hat manu-
facturer. 2s West Thirty ghth Street.
Liabilities. 5000, assets. s.. 900
ABRAMOWITZ & EAHAN NE-InvoIuu-
tary petition against Samuel Abran,ovitz
and Samuel Kahane. dealers in woolens,
silks and dress goods trading as Ahrarno-
witz & kahane, II East Twenty first
Street.
DE ROSA MANUFACTURERS co INC
involuntary petition against the De Rosa
Manufacturing Co. Inc 81 West Twenty
ninth Street
kLEINHAUS & BRENNER-Involun-
tary petition against solomon kleinhaus
and Philip Brenner. fur dealers. trading
as kieinhaus q Bremen. so West Twenty
ninth Street
DIAMOND WAIST co. 1Nc.-.1nvolun-
tary petition against the Diamond Waist
New-York tribune., 1920-11-02
Corn Rather Inacfiuc
UifI,in NarrOU Range

The corn market was only moderate ~
active and prices moved within a range
of about l cent q bushel, closing at &c
decline 10 isc advance. Receipts were
mode rate at Western points and 1t was
said that farmers were toe busy husk-
ing the new crop to give much atten-
ton to hauling their corn to market.
The cash demand was slow and there
were no further evidences of export
operations. There was said to be a
moderate demand from Canadian mills
for American corn. although the trade
is not very hopeful of much business
in that direction. In the local cash
market No. . yellow corn was quoted at
$1l224: No. . mixed, $l.11% c. i. f.
New York. 10 days shipment.
Yesterdays Previous Yea.
n NsW yei"W NHyS .sl'ISs. STE siis'4 sl7c. Sg
Chicago:
n-z n@S~m ,i oer ... .sa'. sa' ss.. 50 i.as,s 20
oat>-Thc oats market was inactive and
prices We're easy most OF the day, closing
net unchanged to '4c lower. The cash de-
mand was slow as.d there was little in the
way. In the local cash market prices re
manned unchanged. No. white quoted at
&C I to &C: No. white. 90 to G5 We; fancy
clipped white. 72ilc; ordinary clipped
white, Csc. all elevator
Ycspesday's Previous Year
New York: close. close. ago.
NO whitesO - ar67 soGS'4 m67 sO.sS'4
Chicago.
December ... ..54 y 55 q .12 X
May ....... .b0l4 so = .16l
E\e-Marllet easy.
Yesterdays Previous Year
New York: close close. ago.
30. West $l94ia S197iA $i.55 !.
Flour and Meal-Quotations were
Yesterdays Previous Year
close. close. ago.
Spring patent:
sll.o0u1l.5o sflOO@l1.5o $1,000 -
COrnmeal:
275@ 500 275a 500 200 s.s5
Rye -four.
1000 ESQ 5000 $50 1000 40
Bran:
1000 - 4.OoQ = $1,000 -
New-York tribune., 1920-11-02
''Buying OF" Leather Contracts

Close to sl,O00,oO0 worth of high
priced leather contracts have been
bought off" by shoe manufacturers
within the last month, according to
prominent shoe factory owner lie
added that he had bought off, about
$4,000 worth of contracts himself
When the break in shoe and leather
prices came. it is believed, shoe manu-
facturers in general had little high
priced leather in stock, bat were com
mitted to undelivered contracts. The
only way out Of these contracts was
buying off" the seller, that is, paying
him the amount of the price decline
in return for canceling the contract.
New-York tribune., 1920-11-02
Take Losses Quickly,
Aduice to Retailers

"Take your losses quickly" is
the advice Butler Brothers, large
dry goods and general merchan-
disc jobbers of this city and Chi
cago, are giving their customers
among the retailers of the
country.
"On lines that are down."
says a special catalog that has
just been issued by the house.
take your losses at once; re-
price the goods on replacement
values. Holding on for profits
after the market breaks is folly.
Wear excess stocks down. With
indicat tons Of a coming decline
in prices the wise merchant will
carry 10 more than he needs to
get business.
"People are now thinking
anew in terms of bargains. Ad-
vertise with prices that win at
tention. Put the emphasis on
popular priced merchandise
New-York tribune., 1920-11-02
Railroads

2S Ros & Albany.l33 l53 1921 1924
lS5 Boston Elcv... 67 81 o6l. CT
100 Boston & Me. "a S4 - "a
Roston & ProNl$5 1S5 lS5 l35
10 { j & pf II u 7t Il
81 Me Central. 62i. 62la 81 So
10 North \ H., IS 81 81 81
81 y Y y II & II. S27s SSi4 397s 3Sl4
- old Colony. SO >3 So 81
Prov & Norc..12O 10 100 120
10 Rutland pf =. - - 24
% West End .... Alla 4li2 4lta 41z
a. do pf ...... 80 80 so 90
New-York tribune., 1920-11-02
American Locomotive 60.
Gets Three More Orders

Three small orders for railroad
equipment were announced yesterday
BY the American Locomotive Company.
The Mississippi River Bonnie
Terre Railroad ordered two l00-ton
consolidation engines. the Richmond,
Fredericksburg & Potomac two elgnty-
six-ton switchers and the Southern Pa
ciiic a lO0-ton snowplow-
New-York tribune., 1920-11-02
Livestock, Meats, Provisions

Yesterday. Year ago.
Live beef fair 20
primo. 100 lbs Sl-9p u l'-po Sl- 40 io-f'
y I q = 4 beef -
sides 10. ----- IL ~ -J 90 ~ 10
Live veais. com
100 lbs ...,... ls.ooQlsoo l5ooao2oo
- ei,y i6...,.- s2e 30 .2se "a
TBS lbs +.....s 25op 7.5o sooa $50
Dressed mutton
clty To -...... log IS .ioQ 10
Live lambs fair
to prime. 700
lbs ,--.....-.. i3.5HH 1900 i N0e 10 ~
Dressed lambs
city lb....-.. 2sQ .a2 ls4 "a
Hogs 100 l5s..-. Il % tfi450 If50e iis'
Dressed < >.
bacon. ID 80 ee0.92is 20s4G.2li+
Mos pork bbi.. $4,000 500 $50
Mess beef bbi =. II 90 q 1000 $500 q 24oo
I.ard " j 2 al
West 100 lbs. 1875 q la.s5 37. IS @ II 30
New-York tribune., 1920-11-02
Longer Sleeves for Spring

Longer sleeves on women's walsts
have been decreed by special com
mttee of the United Waist League Of
America. In making the announcement
of the committees decision yesterday,
NJ. Mosessohn, executive director of the
league, said that the longer sleeves
will be recommended in blouses for
next spring. Wrist-length sleeves are
recommended for tailor made blouses
and sleeves two inches below the ell
bow for novelty waists.
New-York tribune., 1920-11-02
AnSWer-The securities unu n,ant;
His List of Bonds Good

Question--W What is your opinion on the
following list of bonds as d safe invest :
ment: New York Telephone Al per cent
1919 (dne-when p; Atchison. Topeka &.
Santa Fe general as, 1898, Norfolk &
Western As, 1886; Chicago. Milwaukee, &.
81 Paul As U98-); United States Rubber
71ss. 1880; Armour Is. 1eSo.-N. L. c.
Answer-You have chosen a good list
of bonds All are we'll secured and
easily marketed. The New York Tele-
phone Az per cent bonds are due 1890
and the st. Paul general per cent