davidaulloa/AmericanStories huggingface dataset:
The Sun and the New York herald., 1920-09-21
Cnttnn NILS CIosed.

A reason for the appeal Of cotton men
for assistance from tho Reserve Board
was the development Of an unexpected
situation In New England, where great
deal OF cotton ls consumed, The Amos
keaR Mills sprang surprise by suddenly
announcing cut OF 90 20 30 per cent
In the prices Tor lis products In the hope
OF becoming the Wanamaker T tho cot
ton field. II had been figured that the
product OF Epindles had been sold out Tor
two years and that there should be no
decrease In consumption OF cotton Or IN
production OF cotton goods on account
OF world needs The plans, however,
were upset by the cut In prices OF COTTON
goods and now the jobbers are afraid to
place any orders with the mills until
they see. how far the example OF Ne
Amoskeag Mills Ia followed. The result
OF postponement OF orders In the field on
cotton products has been the shutdown
OF several mills, with the probability
that a situation In cotton Will arrive
quite similar to the situation that pre-
vailed In woollen goods until William
NJ. Wood announced the cut In prices
for wooilen products, How soon the
price level for cotton products will get
stabilized cannot be predicted, but II is
evident that an unexpected credit bur-
den has been placed on the banks In the
South, a burden which Will be reflected
soon in New York.
The Sun and the New York herald., 1920-09-21

Brokers who have been predicting an
immediate ease In credit conditions are
lkcly TO receive a surprise pnckage In
few days when they realize that the
maximum demand for credit will not be
satisfied u0tll the cotton requirements
are 1lled In other words. during Octo'
ter Increased credit needs viii have 20
bo satisfied and several New York banks
arc preparing 10 meet needs In the South
and elsewhere, When the cotton repre-
scntatlves received little satisfaction
from the Reserve Board they estimated
their requirements at $500 200, They
will have 10 bo met, ana partly from
loans extended by New York institu-
tons A smaller bank as compared
with the largest institution In wall
Street, estimates that II viii have TO
lend In addition to lts outstanding
lcnng s95, 900, 900 TO $4,000, 900 within
three weeks, ON that basis New YORK
lonns are likely 10 go M from thnt ac.
count alone between t20o,0OO,OOO and
S300, 600 900 In other words, credit u
likely 10 be held TO a minimum 20 far hs
possihlc I'm connection with speculative
operations III stocks and bonds, II ~
tue that the Improvement In the rail-
road situation has Kept the gram move
ment from being un undue strain on
cr, dit, but the trouble In cotton IL the
carryoyer Of iow grade cotton when !"
disposed Of only gradually, and the iall'
lnE on In cotton consumption ana SLOW
Ing ND OF cotton exports In expected 10
cause u credit burden In CARRYING the
current seasons crop.
The Sun and the New York herald., 1920-09-21
GOVERNMENT LOST ON
TEXAS & PACIFIC ROAD
Cost to U. S. Was S25S, 1888 in
1919, Report ShouDs.

The Texas and Pacific Railway not-
withstanding the remarkable Increase In
traffic due to new oil production. caused
loss to the Government IN 1919 or
S2bS,1sS, according, to its annual renort
for that year, issued yesterday. The
guaranteed rental was Si,l07iaa and
the actual net operating income sa.s1e.-
244. Without the beneiit OF the Euaran-
teed rental the result of last wears on.
eratlon would have been equal 10 s1s1
share on $SS,763,S1O OF ita capital
stock against $a14 In 1918.
Based on the guaranteed rental. the
company reported a net corporate in
come after charges and taxes OF 81, $50, :
$50. In 1918 the net corporate income
was $l,6si,570. Allowing for per
cont. annual requirements as interest on
It's outstanding second mortgage income
bonds, the balance was equal 10 81 90 n
share. against Sl.15 In 1918. Eliminating
lapover items, the balance would have
been $2.27 share in 1919 and Se.6s in
1918. ~
Corporate income account for the vear
ended December 81. 1919. shows the fol.
lowing operating results
The Sun and the New York herald., 1920-09-21
Central Leather.

Directors of the Central Leather Com
pany meet for dividend action to-day
and II would occasion no great surprise
II some change In the dividend. either
by a considerable reduction in the rate
or by complete elimination OF the dis
bursement for the time being, Is ordered
one dividend has been paid by the COM
pany by dipping into its surplus, as the
June statement showed deficit, and II
is considered hardly likely that the cor
poraton's surplus will be distributed for
the second time this year. For the six
months ended on June 80 the corpora
ton established deficit, after taxes
and charges, OF 'Sl.76s,S62. In contrast
TO a surplus OF S6,S52,26S In the corre-
spending 1919 period The profit and
loss surplus on juno 30 was $26, 5S2, ,426.
against a profit and loss surplus Of $780,
Gao, 4eS on March 81, The stock OF the
company was under pressure yesterday
on the theory that change would be
made and II declined 2 points, II sold
at 40 during the day. against a high OF
.5ih on Saturday,
The Sun and the New York herald., 1920-09-21
DENY STRIKE AGREEMENT.
Roads Say Outlaws Not Restored
10 Old Seniority Rights.

The Ichigh Valley Railroad Issued
yesterday a denIat OF the published re-
port that II and oaher roads, including
the Lackawanna. had entered into an
agreement TO restore outlaw strikers to
their old seniority privileges provided all
returned to work at once. The statement
as issued by the Iehlgh Valley was as
follows:
"The Lehigh Valley denied this morn
ing printed reports In New York news
papers TO the effect that the outlaw
strikers at Jersey City and Perth Am
boy had been restored to their old posi-
.tions with full seniority rights, &1c. A
number OF the strikers have applied for
positions as nw men, 1t was said. but
none has been employed at Jersey City
and only four at Perth Amboy. The lat
ter reenter the railroads service without
any OF their former rights"
The Sun and the New York herald., 1920-09-21
ASKS STAY IN JUDGMENT.
Denver and Rio Grande Holders
Want Sale Held Up Two Weeks.

A stockholders protective committee
composed Of shareholders In this city OF
the Denver and Rio Grande Railroad
Company. wired yesterday Robert e.
Lewis. United States District Judge In
Denver asking for a stay of two weeks
in the matter OF the sale OF that rail-
road to satisfy Judgment Of the West
ern Pacific.
In reply to the telegram Daniel W.
Blumenthal OF cousel OF the committee
received q message which gives the COM
mittee assurance that It will have about
thirty-fiv days to file objections to q
sale.
Mr.. Blumenthal announced after the
receipt Of the telegram that a special
envoy OF the committee from the city OF
some one In Denver would be on hand tc
represent the stockholders on September
25 and file the necessary application tc
hold up sale Of the property.
The Sun and the New York herald., 1920-09-21
COFFEE CONSUMPTION DROPS,
Per Capita Estimates for 1910 Are
Less Than Those for 1918.

WASHINGTON, Sept. 2O.---Per capita
estimates Of the amount Of coffee con-
sumed last year In the United States, an
nounced to-day by the Department Of
Commerce. showed a decline In compari-
son with those OF 1918, the 1919 amount
being 500 pounds for every person In
the country. against 1929 FOR 1918.
Except in 1918. when per capita con-
sumption was only SIS pounds, the 1919
figure was the lowest for any year since
1900. when the estimated consumption
was $50 pounds per capita.
OF 1,051,S39,910 pounds Of coffee i'm
ported into the United States during
1919, 059,177S61 pounds we're retained
for consumption and s2,6s2,54o exported.
The Sun and the New York herald., 1920-09-21
Middle states OIL.

II was very apparent in yesterdays mar
kct that those interests which so lavshly
spread the tip on Middle States Oil last
week had an axe to grind. Middle States
which crossed Is In the early trading.
broke verv sharply at the close, when
every semblance of support was with
drawn. Traders have been rather sus-
picious of the move In that stock since II
approached the IS mark. because II had
hung between 17h and 1914 for several
days, with every evidence of meeting
considerable stock above IS. Further
more, the Street had the report that
something like $4,000 shares were on
the market at 1S or better. The stock
holders Of the company ratified yester-
day the increase OF its cSpital stock
from $4,000, 900 to $I6.06U,O0O. The ap-
plication TO list that stock has been
granted and the stock has been listed.
The Sun and the New York herald., 1920-09-21
CONSOLIDATED EXCHANGE,

Despite a spectacular advance OF al
most ten points In Mexican Petroleum
to 1854 and material gains In other oils
and some equipments and marines, the
balance OF the llst reflected liquidation
and a tendency 70 sag, aggravated In
the final hour by diminished short in
terest and execution of stop orders on
long contracts In the rails. following
posting OF new high levels at the start,
net declines for the day were registered
later
The Sun and the New York herald., 1920-09-21
sentiment wYdsIy D~ided'
use all rallies fo,r sales "
nRmY them ON eYeIX DID,

use all rallies for sales
buy them on eyerV dip ,- l..
Those two phrases, each occlErlng IN
approximately half Of the hhtNol le,'
reflect tho generally btWildered SohuI,
ton Of professional sentNlcnt stuo.,,
In the laft year or 20 haNN Ioreehhn v,
the markets immediate fuNure peen 10
widely divided an they are az prestN.
one house seea easier money IN Inc neN
distance, while through the eyes OF ttN
house next dooT money VIII cohtlhu"
tight all Of the year. About She onlS
unhnlmlty In 10 be found In the opinion
on the rail list, Practically all Names
declare that the rail- stocks have MT ais.
counted the favorable developments ana
| those 10 come,
The Sun and the New York herald., 1920-09-21
NEW HAVEN HOLDERS TO MEET

New HAVEN Sept. ao.---A special
meeting of stockholders of tho New
York, New Haven and Hartford Rail
road Company to act on financing plans
was called to-day for October II In
this city. The company's desire TO bor-
row $10,000,0O0 for additional better
ments has been announced.
The Sun and the New York herald., 1920-09-21
I,oNDoN MONEY MARKET.

LONDON. Sept. 2o.--Bar silver 5st5d
an ounce. Bar gold, Ills Cd; money,
81 per cent. Discount rates--Short
bills, 6N 96 1916 per cent. Three
month bills, So 96 1915 per cent Gold
premiums at Lisbon. iiA
The Sun and the New York herald., 1920-09-21
PARIS BouRsE PRICES WEAKER

PARIS, Sept. 3o.-Prices were weaker
on the Bourse to-day. Three per cent.
rentes, 50 francs 80 confines: exchange
on London, 81 francs. Five per cent.
loan. s5 francs 45 centimes: the dollar.
~ francs aais ceptimeA
The Sun and the New York herald., 1920-09-21
Increase Loans and Inventories.

Increased sales, rising prices and
slower collections have brought about a
decided change In the balance sheet of
most big corporations since the first Of
the year, Inventory accounts are grow
ing and II has been found impossible
greatly to reduce banking scconmoda- :
tions. Two II TIC is-'ges. may he taken
as examples. United States Rubber at
the first Of the year, did not owe the
banks dollar. Its June 30 report. how
ever. shows banking Indebtedness OF
S4i, 100000, Since then It has sold 500
000,0 In notes. but II has been unable
to mako any very great inroad on It's
loan se-ount, In the case OF General
Motors, the increase has been In in-
ventory- From December to June 30 the
General Motors inventory jumped $27.-
100000 and the plant account $ls,oo0,-
eco.
The Sun and the New York herald., 1920-09-21
PENNsYLvANIA ON MARKET.

OIL CITY. Sept. 2c.---Credlt balances.
SO. Runs. 132,o4S; average, 56,475 /:
hipments, ii7,osI average, $3.50.
The Sun and the New York herald., 1920-09-21
EXCHANGE SUSPENDS
MOORHEAD d ELMORE
Action FoIIows Starting Oi
Bankruptcy Proceedings.

Moorehead e. E,more Of Washington,
members OF the New York Stock Ex-
change. were suspended yesterday from
that exchange following the institution
Of bankruptcy proceedings against that
firm in Washington Formal announce
ment OF the suspension was made from
the rostrum OF the exchange during the
course Of yesterday afternoons trading.
A. Robert Elmore was the Stock Ex-
change member OF the firm, having been
admitted TO membership In II on April
"a of last year. The other member OF
the firm was Henry r. Duryee.
Washington dispatches yesterday
afternoon declared that about ten days
ago Goodbody & Co.. OF New York. also
members OF the exchange. had arranged
to take over the business OF the WASH
ington firm, but that last Friday II
served notice that some OF It's accounts
were not to It's liking and that s62, 900
would have TO be deposited TO cover
them before noon yesterday II the busi-
ness was to he taken over. That sum
was not put up. whereupon the suspen-
sion was announced. Al the offices OF
Goodbody & Co II was admitted yester-
day that negotiations had been con-
ing TO taking over the latter's business,
but either confirmation or denial OF the
details Of the negotiations was not
forthcoming.
A. Robert Bmorc, the Stock Ex-
change member OF tho firm. was
quoted In the Washington dispatches
as saying that "if friendly receiver Is
named the firm will pay off It's In
debtedness. one hundred cents on the
dollar. II the way Is made hard for
us, II is impossible to tell yet how the
assets will come out"
WASHINGTON, Sept 2o.--A petition in
bankruptcy was filed to-day in the Dis
trict Court by the stock brokerage firm
Of Moorhead & Elmore. The cause as
signed was that the business in which It
was engaged was too great for the liquid
capital which II commanded Counsel
| for thu firm said that he was confident
Il would pay 100 otnts on tho dollar
The Sun and the New York herald., 1920-09-21


made at price Of
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26

and Cutshaw at short basing last
season: Herzog's value to a club Is
too well known TO need discussion.
Deal. on third, led the league in field
ing position.
Grover Alexander won sixteen
games and lost but eleven for the
club. altho he had to start training
after the season opened. He was out
Of training from a baseball stand
point and did not enter the box in a
game for over a month. Alec led the
league in air tight pitching. allowing
an average of only liz runs per
game. .....
Vaughn ran a close second with an
average of LIE earned runs. Claude
Hendrix was as stingy as most OF
the good hurlers, allowing only 2.S2.
These three men can be counted on
for stellar service this season. In
addition, Mitchell has Bailey. who
showed to advantage last season.
Martin and Paul Carter.
And then, behind the plate to
handle the regulars and help the
youngsters on the mound. Is Wade
killifer. He made just eight slips in
100 games last season and was worth
his weight in gold in steadying the
pitchers and holding down the OPP
position base running.
They look mighty sweet to me.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26
TITLE BOUT is LONG WAY OFF.
Carpenter Tied Up With Contracts
Dempsey 10 Busy With Courts.


New York. March ,6-The arrival
here of Georges Carpenter, Euro
pean heavyweight champion, caused
the proposed match with Jack Demp-
sey to flame afresh, but after several
hours Of mysterious conferences with
various promoters, there was little
indication that the French pugilist
would meet the worlds titlehoIder in
the near future.
A close analysis of the situation
disclosed the fact that the French
man was under contract with three
different promoters which bound him
to perform certain services closely
related and which apparently pre-
vent him from actually boxing Demp-
sey for some months. providing he is
SO inclined. The English promoter
Cochran has f1rst option on carpen-
tiers ring service providing he can
h.e L: rc.:rseys signature Tor =
match. the option extending to Dec.
81. according to one report, and to
July. 1921, according to another.
Jack Curley. the wrestling promot-
err, has Carpenter booked for ten
weeks vaudeville tour beginning
May 3 with another tive weeks ex-
tension II he desires to exercise It.
Curley stated that he expected to
tour the country with the French
pueiiisf. the latter giving sparripx
exhibitions with his own sparring
partners. s:s
"A third contract Ii with IA rioyink
picture concern which haA basolfssl
Itgsarpentier for fw6 ses; IN req fft!tfss
Ia which ne viii take ~ ylart ri /
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26
HEAVY MEAT EATERS
HAVE SLOW KIDNEYS
EAT LESS MEAT iF you FEEL
DAckAcHY OR HAVE elAo-
DER TROUBLE.

Ne man or woman who eats meat
regularly can make a mistake by
flushing the kidneys occasionally.
Gays a well-known authority Meat
forms uric acid which excites the
Kidneys, they become overworked
from the strain, get sluggish and
fail 10 filter the waste and poisons
from the blood, then we get sick.
Nearly all rheumatism, headaches,
liver trouble, nervousness. dizziness
sleeplessness and urinary disorders
come from sluggish kidneys.
The moment you feel a dun ache
IN the kidneys or your back hurts
or IL the urine is cloudy, offensive.
full of sediment, irregular OF i.assa ge
or attended by a sensation of scald-
ing, stop eating meat and get about
four ounces OF Jad Salts from any
pharmacy; take a tablespoonful in u
glass of water before breakfast and
in few days your kidneys will act
fine. This famous salts is made
from the acid of grapes and lemon
Juice, combined with hthn, and has
been used for generations TO flush
and stimulate the kidneys. also to
Leutralize the acids IN urine so II no
longer causes irritation. thus ending
bladder weakness,
Jad Salts is inexpensive and can
not injure; makes a delightful eff
fervescent lithia- water drink which
everyone should take now and then
TO keep the kidneys clean and active
and the blood pure. thereby avoid
ing serious kidney complications.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26

ing practically all of last years team
report intact and in the few va
cancies that exist. there is wealth
OF good material fighting for recos-
milton.
Captain Ed Plagge, one of the
most consistent hurlers that Iowa
state has ever possessed is fast
rounding into shape and is ex-
pected to be the mainstay of the
Cyclones pitching staff.
VanderIoo, veteran catch, is back
into harness and will probably hold
that position for this season. Bill
Davis, who held down the shortstop
position, is also back into form and
bidding for place on the infield.
Janda is reporting after strenu-
Gus season of basketball and football.
During his former two years he held
down first base but is now being
given some keen competition by Orr,
a baseball player of no mean ability
from st. Louis. Thayer and Schnei-
der Of last years team are out for
the same position this season.
Davidson in the field is the only
member from last years team who
is back, but is being given plenty of
keen competition by the new men on
the team. With the opening game
only few weeks away Coach May
ser will drive the men hard to find
the weak places before the Jay
hawkers invade the local diamond
on April % and "a.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26
Athletic Upheaual
Expected at Cornell

A perfectly good upheaval is ex-
pected at Cornell University before
the end of the present college term
as result of the statement recently
made by rowing coach Courtney that
he would rather take his chances
against the best crew in the land,
than against the Cornell faculty. be
cause he would be surer Of a square
deal. Members OF Cornell's faculty
have risen up in protection OF their
ground and are said to have lined up
track coach Moakley with them.
Courtney's declaration W h C h
startled the entire collegiate world.
came as a result of the faculty elm
mating four of Courtney's varsity
eight for being down in their studies
Courtney said he would start imme-
diately to build another eight" but
he would not be responsible for Cor
nell's showing in the big spring re-
gattas.
Moakley got into the controversy
when several eastern collegiate writ
ers declared the Cornell track men
tor had things his own way and was
at the head of movement at Cor
nell to kill all sports but track and
field games. Moakley. as was ex
pected. has denied the allegation and
intiInated he would submit docu-
men,ary evidence wnen the proper
time arrived.
The entire affair was precipitsted
when Football Coach SPEEDY" Rush
was permitted to leave and it was
unofficiaiiy announced that Gilmour
Dobie would succeed him. Many in
fiuentiaI members OF the Cornell
Athletic Association have sworn al
legiance to Rush and stated he was
not given an opportunity to make
good.
The disturbance has finally come
to the attention OF the college trus-
tees and 1t Is limited they will de-
mand hearing and an exhaustive
probe hefore the present term sx-
pires, so some of the students may be
given an opportunity to testify. In
the meantime Dobie's contract to di-
rect the Cornell football machine has
been held up. Dobie was released
from his contract at Annapolis to &C
cept the Cornell berth. Courtney
when asked recently ii ne intended
to resign, declared he had not thought
OF leaving Cornell. at least not until
present conditions were remedied.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26
[By Norman Z. Brown. ]


The world astounding Cincinnati
Reds. with their 1919 lineup p-ac-
tically intact from bench warmer 10
leadoff man, undoubtedly will be
favorites in the 1920 frolic in the
National league. but the club that |
figure they can fear most is the Chi
caso Cubs. | believe the Cubs are
ripe 10 put up one grand little battle
royal for the flag.
offer these few arguments in de-
Tense Of above assertion.
The Cubs have been strengthened
in the outfield by the presence of
Davey Robertson.
The offense and defense OF the in
field has been bolstered by the add
ton Of Herzog. .-s
The CUBS have the greatest pitcher
in the National league.
They have the second best hurler
in the league last season.
They have another star hurler.
who. when going good, will be right
with 'em.
They have the greatest catcher in
the National league.
They have batting order that
can hit consistently and timely If it
doesn't hold a corner on the heavy
hitters Of the league.
The Cubs finished third last year
without HerZog and Robertson in
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-26

their lineup ali season. Alexander
landed in the United States after
months in service the day-or there
ahouts-that the season opened. lie
didn't pitch ball for month c.
more.
4 study of the records of the Ma
tional league clubs and their record
last season shows that the CUBS
held the steadiest pace OF any team
in the league from June 70 the end of
the campaign, holding third all the
time.
Manager Mitchell plans shift in
his Quilted this year that ought TO
strengthen il defensiTely. DaNey
Robertson will be shifted from CEN
ter TO right. FIack will be moved TO
center and Turner Barber will play
left. Dode Paskert will alternate
with Barber. going in usually against
southpaw pitchers. Paskert can MI
any gap that may appear in the regu-
lar Quilted. because OF injuries to
either of the other men. Incidentally
the three men, Robertson. Flack and
Bailey. are all southpaw hitters.
With Merkle on first. Herzog on
second. Charley Hollocher at short
and Deal at third the Cubs have an
infield that ranks at the top in the
league. While Merkle didn't grab
off the fielding honors in the league
by any means last season, his general
work at first was all that could be
asked and he more than made up
for his shortcomings in fielding with
his spectacular stick work. He is
making bid for the cleanup posi-
ton in the batting order this year.
Herzog was on par with Rath