davidaulloa/AmericanStories huggingface dataset:
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-07-25
THE ATTORNEY GENERAL
Rem NDERS OP|N ION | \
CITY CH A RTER CASE

The question of calling a special
| election for the purpose of voting on
certain amendments to the city charte
seems to have been definitely settled
at last, and last night, r. r. Sneed
one Of the attorneys for the citizens
committee, who have asked that this
election be called, received written
opinion from the attorney general,
stating that the legal phases involved,
and over which there has been con-
siderable controversy, had been passed
upon by him favorably TO the com
rnittee.
The following letter was addressed
TO the attorney general by commission
ers F'raley, Wilson and Carter asking
for an opinion.
Honorable S. p. Freezing,
Oklahoma City, Oklahoma.
Dear Sir;
THE Board of Commissioners Of the
City OF Ardmore has been requested by
great number OF the citizens to
submit certain proposed amendments
to the Charter of the said city, which
would place the city under the mana
geral form of government
We entertain some doubt as TO
whether we have power to propose the
amendments or to submit these amend.
ments to the voters at a special eec,
tion, that is, we are uncertain wheth-
er it is necessary Tor us 10 wait for
general election in the City of Ard
more at which to submit the proposed
amendments.
viii you please advise as to-
whether said amendments under the
law can be submitted to the voters
at special election.
The reply cf the attorney general
follows:
Oklahoma City,
July 25, 1920
Hon. w. S. Fraley,
j. L. Wilson,
Tom Carter,
City Commissioners, A
Ardmore, Oklahoma
Gentlemen:
Receipt is acknowledged Of your
recent letter in which you request
the advice of this ofce as to whether
or not the Commissioners Of Ardmore
may propose amendments to the
present charter of the city, to be
voted on at special election. You
state that you are uncertain wheth-
er it is necessary 10 wait for gen
eral election in the city Of Ard
more, at which TO submit the pro
posed amendment.
Your request is answered in tho
affirmative. Without discussing the
statutory and constitutional provis-
ions in connection with the subject, /
am of opinion that the legislative
power Of the city Of Ardnore (which,
Of course, is the city commissioners
of the city, may submit such amend
ments to the electors Of the city to
be voted on ut a special election call
ed for this purpose, and that said
amendments become part OF the or
ganic law Of the city, and bind
ing upon all of its citizens when
ratified by u majority Of the quail
flied electors voting thereon, and APP
proved by the governor.
Very truly yours,
(Signedl S. p FREELlNG.
Attorney General.
In view Of the fact that the three
commissioners agreed to call the
election IL the attorney general sane
toned the legality Of the act, the at.
,orncys for the citizens committee
stated last night that it seemed to be
assumed that the commissioners would
take immediate acticn in the matter.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-07-25
Arkansas Hotel Burned

Bentonville Ark, July 24,-The
Park Springs hotel here was destroyed
BY fire this afternoon entailing loss
of more than 100000. None of the
guests of the big resort were en-
dangered.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-07-25
Rail Players Killed by Lightning.

Wilacoochee, Ga, July 24-During a
baseball game today lightning struck
near the home plate. killing one play
or and lnjuring We others.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-07-25

In view OF the fact that the three
commissioners agreed to call the
election IL the attorney general sane
toned the legality of the act, the at.
torncys for the citizens committee
stated last night that it seemed to be
assumed that the commissioners would
The Washington herald., 1920-10-08
Piglron and SteelIncrease,
And Figures Show More
Blast Furnaces in u. S.
By DR.. FRANK NJ. SURFACE.

Perhaps there general cond
situation than the developments the and steel industry Two
months there steel mills might
have to shut down because Of the finished products
the mill yards The improved conditions have rendered this un-
necessary.
August increase OF So35o tons over
the previous month and than August last year
With the exception OF March of this year the August production
the largest for month January The total
production for the first eight months OF this S33I tons
compared with 2o5737 period last and
for the American industry The production figures both Tor the
present month and for the faVorab with
past records: .. o.
The outlook for production in September also promising Out
total blast furnaces in the in operation
the first of June The daily capacity of the furnaces blast
September Io465 compared with 93965 tons month
before
The Poon % ss 3 & was 5oSnon SR o7 anS
month % this year except Msreb HoWeyeF the 1nf
United States Steel Corporation amounted only 9o52s tons
T6 sRo the ss ss o nisd
I dssns @ @ with & % R 15 eaesf D s
demand This assumed be only waiting attitude the part
The hs Ss a6ough % 06 Better poon
e% o F bo3s 6 Gas @ the o % o talk
cancellations and decreased demand BY automobile makers This
du Iron Age recently that total demand for
Would not 10000 year Compared
dndG" n % o es s Would % 1 to "0 only small
OF the total needs in the automobile industry ~ ..u..-
and @ @ nnd CONG @ The must hsTe
for equipment the industry anticipating future
orders
% this & 5o & s s e. @ s H ss has sd so
t s 25 the B 3 ] naSs ps 3ssG from TsS
sold around $I3 quoted at S8 compared with
S37 last January Open hearth steel bie
Pittsburgh have been quoted 500 for the last months
with year and about $50 With the
OF few months the middle Of and steel prices
ar the highest recorded
The total OF iron and steel for July amounted TO
which month
since June 1910 The exported July only
but that particularly low month With the
March and uly the monthly this been
below the responding months of However the total for the
months which only
than for the period last The monthly
the 3894 thus showing substantial
far.
A large proportion OF steel exported recent months has gone
Japan Japan, importers
American steel since the armsicc.
the whole the industry
slight duneSs
the outlook for the future is very bright
Copyright Washington
The Washington herald., 1920-10-08
GRAIN SUFFERS
.ERRAITICCL0SE
Slight Net Change Shown at
End Of Irregular
.-- Session.

Chicago, Oct. 7eGrain futures
showed slight net changes at the
end of an erratfc session on the
Board of Trade today. Rapid fiuctua-
tions in wheat which covered a
range of ~ cents dominated the
trend in otheE pits. Short cover
ings caused sharp advances during
the morning and good rallies near
the close. Selling by longs on the
bulge broke December wheat from
2o41a to 1877 before supporting
orders appeared in sufficient volume
to check the decline. Most of the
light provision trade was in lard
which. ruled higher all day under
buying by small packers and short
covering.
The trend in corn was uncertain
and influenced principally by the
course of wheat. A drop of to
! Y cents occurred in the spot mar
ket and reduced premiums over De-
cember to cents, the smallest
recorded so far.
Export demand for oats was
lacking and the foreign markets
weak
Final prices showed net losses of
L to q cents for December wheat
and i to q for March. December
corn dropped y cent. but May ad-
vanced 3s cents. Oats were un-
changed for December and Il cents
higher for May.
The Washington herald., 1920-10-08
S.CURRENCY
FIGURES GAIN
Increase of Nearly Half Bill
lion Shown on October
Statement.
NEW RECORD PER HEAD
Money in Circulation on
October | Also Shows
Huge Gain.
NEW RECORD PER HEAD

The general stock of money in
the United States on October l
amounted to SS,136,332.S55 as COM
pared with 1855, ,SsS.23S on October
l of last year. according to Treas
ury estimates announced yesterday.
Money in circulation on October
amounted to S6.29E765,2sS against
s5.SO6,57l.sSO on October l of last
year. and s6.212, ,03O,977. on Septem-
Der ! Of this year.
A new record was established
when the money in circulation per
capita reached the figures of $5S.65.
Based on an estimated population
Of the country of 107.407,O00 per
sons. the new high total, compared
with Sass on October I, 1919. and
S57.sS on September l Of this year.
Money held in the Treasury as
assets of the government tOtalled
S472.464.953 on October 1, as COM
pared with S6I6,213,3lS on October 7
OF last year. Funds held by Federal
Reserve banks and Federal Reserve
agents against issued of Federal
Reserve notes was estimated at
SI366.IOG. on October l. against
S1,24OI13.040 one year ago.
The Washington herald., 1920-10-08
COTTON MARKET
WEAK AT CLOSE
Pessimistic News from New
England Reverses Early
Strength.

New York, Oct. SELLING of cot
ton was accelerated today by re-
ports that dry goods had broken to
now low levels without finding
buyers and by announcement of
further curtailment al mills in New
England. and the market weakened
after it had displayed pronounced
strength, especially for the nearer
positions.
Buying orders were less numer-
Gus at the outset and first prices
were II points lower to 5 points
higher. The list generally was be-
low the previous close at the start.
The decline extended to about p to
35 points, when there were rallies
on further buying by the trade and
renewed support from Wall Street
and Western sources.
After showing considerable firm
ness the market broke on the bear
ish mill news. December and later
months were carried down So to rs
points from the highest of the day.
Demand from spot houses kept Oc-
tober about half a cent above yes
terday's close. Final quotations
were steady, October ~ points
higher and other deliveries 25 TO so
points net lower.
Spot here was quiet and un-
changed at 25.25. no sales; at New
Orleans il was also unchanged at
22e5, with sales of 3,077 bales.
Receipts at Galveston were lS,2l4,
New Orleans 4,749 and Houston
-24O22 bales.
The Washington herald., 1920-10-08
RAILROAD EQUIPMENT
PURCHASE ESTIMATE

II. is claimed that the railroads
within the next three years will
need between 100000 and 100000
new cars. The American Car and
Foundry Company has received or
ders for $50 refrigerator cars. so
caboeses and - passenger cars for
the Chicago Northwestern. The
Western Maryland has recently in
creased it's order for consolidated
type engines from the Baldwin
Company to a total OF 30. The same
company has also booked an order
for 20 switcH engines from the Illt-
nois Central Indications are that
railroad equipment companies will
do a record business during the
next few years.
The Washington herald., 1920-10-08
WOOL IMPORTS
EMBARGO FUTILE

Efforts to have an embargo laid
on wool imports, said to have been
made by big wool interests. will be
futile, the War Trade Board an
nounced yesterday. 1t was eN
planned that the only manner in
which an embargo could be laid on
commodities entering the United
States, with the exception of dye
stuffs, would follow Congressional
action. Departments of the govern
ment, it was said, had no authority
to place an embargo on any imports.
Several days ago, the War Trade
Board was advised that Boston wool
interests would seek to have the
government impose an embargo on
wool imports. SO far. it was said
yesterday. Representatives of the
wool men have not sought the aid of
the War Trade Board or any other
governmental agency in closing
American ports to foreign wool.
The Washington herald., 1920-10-08
PERSONAL.

George B. Chipman. manager of
Hartman and Company. has re
turned TO Washington after a bust
ness trip TO New York.
Edwin Popkins. assistant cashier
Of Merchants Bank. is at present
in New York on his wedding tour.
Mr. Popkins will return to Wash
ington about the first of next
month.
Frank Hyatt. jr.. formerly con-
neCted with Moorhead and Elmore
is now affiliated with Hartman and
Company, local stock brokers.
Robert X. Williams and c. Car
roll Morgan of the firm of Lindley
and Company. local brokers. have
returned from New York after con-
summation of business deal.
George Z. Fltm ming. vice preside Mt
Of the Union Trust Company, has
returned to Washington after
spending a vacation at Nantucket
Mass.
The Washington herald., 1920-10-08
TREASURY STATEMENT.

Treasury certificates of Series G,
1920. to the amount of about s125,-
100000 mature On October Is, 1920.
and on the same date. semi-annual
interest will be payable on Fourth
Liberty Loan bonds to the amount
Of about s125, 100000. Tho Treasury
is offering for subscription an issue
of 3 q per cent five-months tax GER
tiicates dated Otober Is, 1920, ma
turing March Is, 1921. in the amount
Of s10O,00o,000 or thereabouts. A
further reduction in both gross debt
and floating debt may, therefore. be
expected in connection with the Oc-
tober 10 offering of Treasury. certifi-
Gates ,
The Washington herald., 1920-10-08
MONEY.

New York. Oct. Time money
firm. \ good demand for fixed date
funds at per cent is reported
There is expectation of a prOba BIZ.
partial return flow later this month
OF money that has been withdrawn
from this center for the account of
the interior. practically the Middle
West.
Prime bank acceptance rates are
unchanged. Mercantile Of the best
quality is only moderately active.
The minimum stands at s per cent.
the principal buyers being small
country banks
Money on call opened 8 per cent:
high, 8 per cent; low. per cent:
last. per cent: closed. per cent:
ruling rate, 7 per cent.
The Washington herald., 1920-10-08
AUSTRALIAN WOOL.

The cable report of the first of
the new Australian wool auctions
is Disappointing. II is stated that
only so per cent of the 10000 bales
offered at Adelaide were sold. SUCH
prices as were reported indicate a
reduction Of about 30 per cent in
the price OF n year ago. Much re-
lance has been placed on the Aus
tralian auctions to settle a basis
for further trading in wool in this
country. Unless the future auC-
tions are more satisfactory than the
first OF the series, there will prob
ably be no resumption of buying in
this country for the present
The Washington herald., 1920-10-08
NEW TREASURY LOAN.

The Secretary OF the Treasury,
under the authority of the act ap-
proved September "a, 1917. as
amended, offers for subscription, at
par and accrued interest, through
the Federal Reserve Banks, Treas
ury certificates of Indebtedness, Sc
ries T NJ 4-1s21. dated and bearing
interest from October Is, 1920, pay
able March Is, 1921, with interest at
the rate. of So per cent per annum
Applications will be received at
the Federal Reserve Banks.
Bearer certificates will be issued
in denominations of $500, $1,000. S.
900. $4,000 and 100000.
The Washington herald., 1920-10-08
LOCAL SECURITIES.

Trading on the local exchange
was slightly revived this morning.
TWO $1,000 Washington Gas 5s were
sold in the opening deal at II. These
sales were followed by two Capital
Traction $500 5s at SAY.
The only stock sale of the day
was Lanston Monotype. ten shares
being disposed of at 1872.
The Washington herald., 1920-10-08
L. =. STEEL

Now York. Oct Two additional
merchant mills coSIipE around s -
100000 are under construction l-
tho [ s. steel Corporation al Gar
Indiana.
The Washington herald., 1920-10-08
American telephone & IeIsgrsph Co.

A dividend ~ Two Dollsrs Pc shsrr w r
he paid on Fridav. October II. 1890. 20 sr.. D.
bOlders OF record OF the close Of huslups- r
Mondsy, September -. 1890.
e. n. MILNE. Tressu---
The Washington herald., 1920-10-08
SEARS, ROEBUCK CO.

New York, Oct. Vice president
Loeb of Sears, Roebuck Company
said today that there is absolutely
no truth in reports that the COM
,pany is contempla ting reducing the
dividend rate from so to SO per
"nnrn,
The Washington herald., 1920-10-08
SUGAR REDUCTION.

New York. Oct. 7.-Federal Sugar
Refining Company has reduced re-
fined sugar Z cent a pound to II
cents.
The Washington herald., 1920-10-08
United CIGAR STORES.

New York. Oct. AT a meeting
of directors Of the United Cigar
Stores held today. u stock dividend
of 1870 on the common stock MAS
The Washington herald., 1920-10-08
SALES YEsTERnAY

Washington Gas IS. 81 900 at II. $1,000
at II.
Capital Trsctiou R. R. IS. $500 at sIr..
$500 at S4i2.
Lanston Aonotype, 10 at 75ls
The Washington herald., 1920-10-08
ISSUES WEAKEN
ATDAY'SCLOSE
Gilt Edge Rails Lead Strong
Market Until Last
Hour.
FINAL PRICES LOWEST
Southern Pacific and Read
ing Most Conspicuous
In Days Trade.
FINAL PRICES LOWEST

New York. Oct. AFTER q ses-
sion in which strength was dis
played under leadership Of the high
grade railroad stocks, the stock
market weakened today in the last
hour and closed reactionary. Final
prices were the lowest OF the day
in many issues. 4. few Of the lead
crs showed net gains.
Southern Pacific and Reading
were the strong features Of the day
and Sears RoebuCk was IN the morn
ing the weak feature. but recovered
in the afternoon. Texas and Pacific
touched the low Of yesterday. but
had a partial recovery. Mexican
Petroleum was highly irregular all
day.
Southern Pacific has attracted
more than ordinary attention re-
Gently. II is known that some an
nouncement OF importanrn is ex-
pected by bankers identified with
she company. TODAY 1r was init
mated that the dividend might be
advanced TO : per cent.
II is known that th, copper rou-
panies- have larFo quantities nf
metal unsoId and ar wiling 10 ca,
prices II a purchase wG. como for
ward.
Sugars.
Some or the sugar romra.l.s sold
freely when the raw produce was
at fancy prices. but q few held of
waiting for something Svsu bsrr,r.
The result is that thsE ar. uorv
scrambling to get out and ars a.
pected 10 break tho sugar me-k,.
even further. a sale Was ported
today at 81 cents. which is tho
equivalent 10 I-7f cents q r-.nd
duty paid. This is full hs.f-,.nt.
a pound under tn, previous .gu
record for tn, moy,m,rf r-r-
panies like Cuba Cam. Tgnr.
Alegra and Manau that sold -.n,r.
the selling was good arc "a. .r,l
rather than hurt by the .mb4rra-.-
ment Of their competitor.
. In the excitement OF falling rr.rc,
the public is losing sIzm rf tho
fact that there is an actual -h7-,ar.
I Of sugar this wear.
Strength Of Baltimore and Orf.
O recently led ~ n, circulation r- FL
rumor to-day that Union Pacific Wa.
. buying the stock in ths open mar
/ ket.
]
stock dividend b- tho United CIgs -
stores. Of America save sddftlorsl
strength to, United Retail Store
which will receive most OF rhs sta..
Ito b. issued.
The break Of Tevs- and Par.f-
was still unexplained TODAY a.
though insiders insist that IL was
nothing more than raid
D MrvF.-- Da4--T-rrr-.
N begin within a short time III. d.-
livery Of crude oil a. tho rar.
l25 600 barrels = day.
. General Electric weakness v..~
due to reports OF financing >uru ~
be done. Il wa admitted that r.~
matter had been CONSIDERED r.'
nothing definite has been settles
International Harvester was r.ah~
on very liShJ transaction -~ ID -.
suit Of the statements f~-m s,.0'
authorities that farmers v,rs r.r
. buying farming implemsn.- a. t-.a.
ly a. heretofore.
The Washington herald., 1920-10-08
Active New York Stock Exchange Bonds
LIBERTY BONDS.

FURNISHED BY W. r. HIBBS a co
members New York Stock Exchange)
The Washington herald., 1920-10-08
GRAIN AND COTTON PRICES.

Furnished by W. d. Hibbs & Co.
(Members Chicago Board of Trade.l
The Washington herald., 1920-10-08

Vests Approx
Close. mate Y'ld
The Birmingham age-herald., 1920-10-05
CONDITION REPORT
 CAUSED A SHARP
 BREAK IN COTTON
At the SIose the General List Was Firm, Net Two Points Lower to Thirteen
 Higher
Ry Associatea Press


 New York, October 1.-The last Of the offichl condition reports scheduled TOT this season was followed by sharp all deliveries making new low records for the season December contracts sold off from 2h5sc. the high point of the morning, 10 20.5Oc, or D points net lower, while the price Of May broke to 200oc, but these figures attracted a better Saturdays closing figures on covering and trade buying. The final bid for De- cember was 21 z3c, and the general mar ket closed firm, net ? points lower to l3 points higher for all months, but Novem- Der. which showed a net advance of 90 points.
 The opening was steady at an advance of to B points on further covering for over the government report and re- ports of a better feeling over the coal dispute in Great Britain. There was not much buying, however and prices soon turned easier under scattering ffqulda- ton, or southern hedging The census report, showing 2,2f9, ,09o bales ginned prior to September 2 had apparent effect on the market. but there was wave of selling on the government crop report, placing the condition at 59.l and the indicated yield of F, 2,123000 bales.
 This was about in line with the aver age of private reports recently issued, but was evidently q disappointment to buyers of the past two or three days, while selling orders previously held in check by uncertainty as to the official showing came on the market soon as the figures made their appearance. October broke from 21.50c to 2l.60c, and January from 21.2Sc to 20,25c, about 50 to 75 points net lower on the general list
 The volume of offerings then subsded, and while there was no change fl trs news, prices recovered most of their loss in the late trading. on buying by Liverpool Wall street and the trade. Ex- ports for the day were 2,sS0 bales, mak- ing 533, ,133 so far this season. Port re- ceipts, IA, 4S3. United States port stocks, 226 275
The Birmingham age-herald., 1920-10-05
LOCAL MONETARY ! CONDITIONS WERE
 MARKET FEATURE
Call Money, However, Held at Seven Per Cent Just Before the Close of the
 Session
By Assncintcd Press

New York, October 4.,-Lacking moro definite or convincing reasons, the uncer- tain tendencies manifested by the stock market again today were generally ascribed to local monetary conditions as revealed at the close of last weeks busi- ness.
 No material change was shown by the federal reserve bank, but the combined clearing house institutions the largest and discounts also expanding to new high record for that period.
 These conditions, it was apprehended might cause some calling of loans. The course of the money market, however. offered no hint of such action, call loans the close, when the moderate sums com manded 8 per cent, while time funds ruled at recent quotations
 On the surface the stock market fol- lowed it's see-saw movements of the last two weeks. Rails scored additional gains and industrials and specialties were hes itant or heavy, but rallied substantially in the final dealings.
 Leaders of the steel industry issued re- assuring statements, but the trend of steel, equipment, copper sugar and shipping issues once more indicated that recent commodity price reductions have only served to increase the cautious att titude of consumers.
 Conspicuous failures of the transporta- ton division embraced the Pacirics no- tably Canadian Pacific, which made net gain of almost four points, and such secondary rails as "Soo'' and Kansas City Southern.
 Foreign exchange rates were decidedly mixed the British remittance easing, with moderate strength in French and Scandinavian bills, all on nominal offer ings Late accessions to recent gold inn ports from London and Paris were an- nounced
 Railway bonds, notably Atchison, St. Paul. St Louis and San Francisco is- sues, again moved upward with related stocks, also local fractions.
 Liberties were firm, but the foreign group was barely steady.
 Total sales, par value, aggregated sl7,- 250 oO0. Old United States bonds were unaltered on call.