davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-03-12
Investment
Information

Qnestions o, osneral interest to
snyestors sctu BE- ans,oersd In thls
column, in which case onIy initiais
soW % used. Others yill 30 an
swered by mad. Addrsss all IN.
gutrtss, inclosino a stamped. ad.
creased envelope to Financial EdItor.
xhe Tribune. l54 NGssau Street.. Ne,e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
COTTONS-Transportotion
Delays Sl0lcing Trading

Delays in transportation and uncer-
families concerning the future produc-
ton of cotton mills have slowed up
buying and selling of goods, but also
have strengthened prices. In many
quarters of the trade premiums above
the market price are being paid for
spot goods, which can be delivered at
once.
Many of the New England mills, par
ticularly those producing gray or I'M
finished goods, are refusing to accept
orders for delivery beyond June /, as
the agreement with the labor in the
mills expires on that date.
Reports from the mill districts indi-
cate low production because Of the
continued scarcity of labor.
Trading in gray or unfinished goods
yesterday was light, largely because Of
the limited number of offers of new
goods. The prevailing price for the
standard 64-6O, 381a inch print cloths
remained at 26 cents yard for spots,
shading down to 23A cents for October
delivery.
Innings and cotton clothing fabrics
are in better demand, according to mill
agents. The large shirt manufacturers
are beginning to place orders for ma
terials for next springs use after hold
ing out when new offerings were made
a few weeks ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
House to Take Up Move
To 1mpeach Post To-day
Committee Members Gather
Evidence of Labor Bureau
Officials Activities
rom The Tribu'se's Washington Bure,

From The TrTbunes Washington Bureau
WASHINGTON, April 16.-The Rules
Committee Of the House to-day post
poned until tomorrow consideration of
the resolution introduced yesterday by
Representative Hoch. Republican, of
Kansas, proposing preliminary action
by Congress looking toward impeach-
ment proceedings against Louis F Post.
Assistant Secretary of Labor, because
of his attitude toward radicals arrested
IN recent government raids.
The committee met late to-day, but
did not reach the Hoch resolution be-
fore adjourning. A meeting has been
called for tomorrow, when the com
mittee will decide whether the resolu-
ton shall be made special order of
business.
The Hoch resolution sets forth
charges that Mr.. Post prevented the
deportation of all but less than four
hundred of the several thousand REDS"
recently rounded up by the Department
OF Justice and sent to immigration sta
tions to be deported. 1t directs the
Judiciary Committee of the House to
investigate the truth of the charges
and to report back to the House Should
the charges be substantiated the reso-
luton provides that impeachment pro-
ceedings shall then be brought against
Mr.. Post.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
New Ban on Socialists
Is Offered in Assembly
Rules Committee Bill Provides
Change in Administration of
Oaths to LEGISLATORS
From a STAFF Correspondent

ALBANY, April I6.-The Rules Com
mittee introduced a bill in the As
sembly to-day to amend the legisla-
tive law to provide that MEMBERSHIPS
Of each house must take the oath OF
office the day the body assemblies. and
if any objection is made to the eligi-
blllty of member-elect majority
vote shall decide whether the oath
shall be administered to him.
If the vote is adverse the oath shall
not be administered. but the person so
barred may. as soon as the body TO
which he was elected has organized
apply for an opportunity to qualify
as member, land thereupon the
House shall forthwith take action and
procedure for the purpose of determin..
ing the eligibility and qualification OF
such member-elect as justice requires.
The proposed amendment names the
Secretary of State or his representa-
tives as the person to administer the
oath of office. in case objection is
offered to the admission of member
elect the President of the Senate or
Clerk of the Senate, in that body, and
the Clerk Of the Assembly. in the
lower house, shall call the meeting to
order and preside while the vote is
taken.
The measure is part of Speaker
Sweets program to keep Socialists
out of the Legislature. 1t is said he
Will do his utmost to have the bill
paex
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
SlLKS-FaH Buying
Proceeds Cautiously

Silk goods for fall use are being ordered
cautiously by retailers. Most of the
orders are restricted to staple fabrics
of the best grades, according to the
manufacturers.
Within the week more manufacture
ers who formerly hesitated to take
future business have shown a willing
ness to accept orders for fall silks.
Several explain their change in policy
by the continued downward trend in
raw silks: Among some Of the most
conservative manufacturers it is felt
that raw silk prices will decline or
remain fairly stable on their present
basis. A few producers of goods still
own supplies of the raw material be-
low present market prices and are thus
able to take on new business without
advancing the prices of finished goods
On the whole the trade leans to the
opinion that marked advances in the
price of finished goods are improbable.
Buying has not materialized in suffi-
cient volume, it is said, to justify
belief in demand as large as that of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
SmOot Moves to Halt
Waste in u. S. Bureaus
Revision of Departments Asked
to Eliminate Overlapping
and Duplication

From The Tribunc's Washington Bureau
w WASHINGTON, April 16.-Revision
OF the administrative departments of
the Federal government is provided
for in resolution introduced in the
Senate to-day by Senator Smoot, Re-
publican, of Utah.
Inc Smoot resolution would create
JOINT committee consisting of three
senators and three Representatives
winch would be charged with the duty
OF investigating the workings of the
various administrative departments of
the government, with a view to recon-
mendlng to Congress changes designed
TO eliminate overlapping and duplica-
ton.
For five years l have had in mind
to initiate an effort at reorganization
or the executive departments of the
government" said Senator Smoot, "and
VIII frankly confess that have from
time to time failed to act on that con-
vlctloR because of the stupendous
character of the undertaking involved
We need a complete survey Of the
whole situation by committee of men
wiling to recognize that it is task
OF day and night for a year and very
likely two years. There must be no
politics in it, but merely q determine
ton to get results.
Il asked that the resolution be sen.
to the Committee on Appropriations,
and intend to speak on it and urge its
passage at this session, and if that is
not possible, then as soon thereafter as
may be-"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
LEATHER-Retailers
Feature ImDOrfed Shoes

The general trend in imported shoe
fashions continues to be toward low
shoes of complicated design. Some
high shoes also are being received,
inasmuch as the short skirt is expected
to be popular throughout 1920. In the
latter model, black and tan still hold
the lead. although high laced footwear
in buckskin, in gray or dark brown,
also are expected to be worn.
Black shoes with cloth uppers will
be strongly featured in the fall trade,
replacing the black and white comb
nations. Patent leather shoes with
dark brown tops are particularly we'll
liked by retailers owing to the pre-
vailing use of tan and brown in all
shades for costumes. Dealers hope to
reduce the high cost of footwear as
much as possible by offering many high
fall shoes with cloth uppers.
In the low imported shoes, oxford
ties of colored buckskin, gray or tan,
are prominent. Colonial ties with cut
steel buckles also are conspicuous and
are made up in colored leather, such
as blue o. tan, and in patent leather
on black velvet for AFTERNOON wear
Sabot styles will be popular.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Butte Earns $2.98
A Share ON CAPITAL

On gross earnings of $4,S61,17 the
Butte and Superior Mining Company in
1919 returned net profits of 1854 900.
equivalent to s2.98 share earned on
the $2,901,977 capital stock, compared
with S628,348, or $2.16 a share in the
preceding year. This amount was
reached after deducting charges and
Federal taxes.
Operating costs and depreciation last
year amounted to $3,944,897, after
which S916,273 net income remained.
Other income of S126,266 was added,
bringing the total to S1,042,539. Re-
serve for taxes, contingencies, etc., to-
tailed $177,549. No dividends were paid
during the year.
In his report TO stockholders D. C.
lacking, president said: although
the tonnage treated in 1919 was con-
siderably less than that for 1918 and
the grade of ore lower, the financial re-
suits of operation show an increase
when compared with the preceding
year. This increase is mainly due to
the high price of silver prevailing dur
ing the year and the increased working
efficiency which brought about a con-
siderable decrease in mining and mill
ing costs"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Poor Shirts the Result of
Using Green Materials

increasing dissatisfaction with the
wearing qualities of some of the stand.
ara brand shirts now on the market
n1 'et TO SHIRT manufacturers, is
largely due to the forced use of
green fabrics in the construction Of
garments. Hating deliveries and pro.
duce'on Of shifting materials. assert
.he manufacturers, have forced them
70 use up goods as fast as they arrive
IN the factories. without allowing them
70 10 age In the warehouses az formerly.
Inc new goods shrink or null. md n
the case of printed or dyed fabrics
me coiors fail 20 set properly unless
the goods are permitted to stand for n
period Of two or three months after
they come from the mill or converter.
10 overcome some of these Difficult
veg, several Of the leading shirt manu-
iactnsers are understood to have re-
drafted their patteEos to allow for
shrinkagc or Dul,ipA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Associated OILS
1919 Surplus Gains

On gross crude oil production Of
6,180,571 barrels the Associated Oil and
subsidiary companies returned sur
plus after all charges of .$6,O70,344 in
the year ended December 81, 1919.
which compares with $4,541,3 1903 in the
preceding year.
Gross earnings last year aggregated
S38 $685. 29, against S30,977,5 in 1913.
Other income of S452, O37 was added to
that amount, bringing the total income
to 38,521 ,166, compared with $31,243,-
$50. Operating expenses absorbed ST.
2l,8l2, leaving $1o,799,354 balance
applicable for taxes. The latter item was
placed at $1,683,246. Interest paid dur
ing the year aggregated $644,371 and
depreciation s2,401 1897.
Crude oil stocks at the end Of the
year totaled 4279,971 barrels, COM
pared with 2,575,O09 in 1918, an in
crease of i ,7O4.9S2.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Pershing Evades /
Political Issues
In Sociable Chat
General Inspects the Fort
at Governors Island and
Goes to Providence To
Be the Guest for Tod,

General Pershing's sociability shov.a
itself to be more dominant yests4d.,,
than the question of whether he i. =.
is not candidate for President y.
received q Tribune reporter in NM.
the same manner as he would anv oth..
fellow Missourian-the reporter. in nj.
instance. happened to be a nat;v. 80
that state too. Politics was taboo .ra
the general was on his guard whenever
questions Of public interest were mon
toned.
Asked what was his next move b.
said with considerable pleasure tho,
after his return to the city from Rbodo
Island tonight he would leave for ~
iumbia, Mo-, where he will be accorded
the degree of doctor of laws bv .ha
University of Missouri General Enocs
II. Crowder will receive the degree ~,
the same time, he said. ~
General Pershing added that he would
then return East and leave from
Washington for Panama on an insnen
ton trip IN that department He ex-
poets to be in Panama for two or.
three weeks. VI
Accompanied by Colonel J. G. onel..
meyer, his aide e-camp, the eeners,
took a boat for Governors Island vos'
terday morning to look over the fort
and spend the afternoon with Lientens
ant General Robert Lee Billiard. com
mander of the Department Of tbe
East. The visit here. he made clear
bears no special significance and is but
part of general tour of the Mil
tary departments.
l. and M. companies of the 22d
Infantry were at the Battery "a the
general passed to the boat. He failed
to notice them as he hurried throuph
the pier, but on reaching the boat be.
came aware of their presence and has.
tened back to inspect the men.
At Governors Island he was met nv
Lieutenant General Bullard, several
companies of picked soldiers and n
band. The general, as has notably been
his custom, stopped to converse with
several of the enlisted men who bore
wound stripes, asking them about their
experiences in France.
He posed for the photographers with
an admirable gathering of children and
then went to General Billiards quarters
tor luncheon. He returned to the Wal
uoii az CLOCK ana lett shortly after
midnight for Providence, where he will
be guest of the Governor OF that
state to-day.
The general will return to New York
tonight to attend the dinner to be
given at the Waldorf in honor of Henry
P. Dawson. head of the American Red
Cross, who recently returned from
abroad.
General Pershing will receive the
honorary degree at Missouri University
on Thursday and plans to leave Wash
lngton for Panama on Sunday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
last year, and resistance to high price:
is more marked than ever before.
JEWELRY-Strong Demand
For BRIGHTLY COTDred Goods

In all lines of jewelry marked de-
sire for brilliant colors is noticeable.
After more than two years Of dark and
l1feless colors women apparently de-
sire change and are turning from
somber to sparkling shades. New mod
els offered in handbags are made of
brocades and Chinese embroideries,
showing lavish use of greens, scarlets,
lemons, yellows and blues, alone and in
combination.
Bags for day and evening use are
large and are for the most part mount
ed on frames. The drawstring type is
no longer in favor Bags for evening
use are in metal brocades or in Chinese
embroidered silks and show heavy,
straight frames of composition amber
tortoise she'll or ivory. Bead bags are
still in good demand, and these, as we'll
as the fabrics, are mounted on heavy
frames of she'll or carved silver.
Fabric bags for the street are shown
in black navy or light tan tatfeta or
faille. Long nap satin is also favored
as a bag fabric and is used generally
in combination with velvet. This COM
bination is particularly we'll liked when
used in black and tan effects.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
LeMngwell to Quit
Treasury Post May Z
Work of New York Man Praised
by President; Asked i'm
January to Resign

WASHINGTON, April 16.-R. c. LET
fingwell, Assistant Secretary of the
Treasury, has resigned, and his resig
nation has been accepted by President
Wilson.
Mr.. Lefingwell, whose home is in
New York, wrote the President that he
desired to return to private life be-
cause of personal considerations and
in response Mr. Wilson said the resig-
nation was accepted with deep regret.
AS volunteer" the President
wrote, "and later in the important post
of fiscal assistant secretary, you rem
dered service of surprising excellence
in a splendid spirit of patriotic devo-
ton You have played a la ge and i'm
portant part in the great task of win
eing the war, and it is my pleasure to
add that your real compensation viii
be to realize in all the years to come
that you gave to America all there was
in you"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17

DeCoppet, DeCoppet G. Doremus and
Carlisle, Mellick & Co.
"While l am and always have been
ready to make fair settlement with
honest men who recognize their obli-
cations, I refuse to deal with those
who 'welch.'
"If the public, either through it's
courts Or its Legislature, will have a
chance to see the facts Of this situa-
ton, l am confident that once and for
all they will end the arbitrary power
of this little group of men. and that
this great institution, performing so
vital a function in the commerce of the
world, will no longer be subject to
the whims and Vaccinations of a
select group who acknowledge no
responsibility and brook no criticism
OF their power to do as they please with
other peoples money.
~ am not afraid of the New York
Stock Exchange. The New York Stock
Exchange may not be afraid of me-
But the New York Stock Exchange dare
not defy public opinion"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17

SPOKANE - Spokane D. C.. Co.: e. r.
Seagle, piece goods; f. G. Nash. hosiery.
underwear; 440 Fourth Avenue.
81. L, LOU S-Marquette Cloak e. Suit Co.
Herbert Frank, ladies fall suits fall ri k
serge dresses; 112 East Nineteenth
Street; room 700.
SUMTER. S. C.-J. Denmark, dry goods:
clothing, shoes; Grand
SUPERIOR. Wis.,. Weingarten Co.: ].
Welnsarten wholesale mems furnish
lngs; Broadway Central
TERRE HAUTE. Ind.@A. Herr. M
Herr, representing; 116 West Thirty
second Street: "A. Fantl
Troy. N: Y.-C. E. Ferguson Collar Co. =:
j. J. Child. mfrs. collars, cuffs: 2So
Fifth Avenue.
WACO. Texas-snaman e. Co.: ]. snaman.
room 1914 e''oo'
AIERBURY. Conn.-Forrester & Co.: r.
forrester, coats. suits; Breslin.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Colby Makes Reform Start
Names Assistant to Reorganize
the State Department

WASHINGTON. April 10 Reor-
ganization of the State Department
recommended by former Secretary
Lansing, was begun to-day by Score.
tary Colby with the appointment OF
Wilbur j. Carr, director o. the con-
suiar service, as assistant to the See
rotary of State.
Mr.. Carr has been given charge OF
personnel. administration, business
methods and general management OF
the department in addition to ms
duties in the consular service. He viii
make systematic study Of the de-
partment with . view to such changes
as may be considered necessary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Truck Brings Liquor Here
ContrabandAlcohoi Comes From
PHILADELPHIA in D;sou;se

Federal prohibition agents are seek
ing large automobile truck that came
from Philadelphia early yesterday and
distributed heavy load of high proof
alcohol among fleet of smaller trucks
at rendezvous in West Street near
Greenwich. The contraband was in
barrels concealed in packing cases.
The police of the Bridge Plaza sta
ton, Brooklyn, learned Of this LIQUOR
distribution when they arrested two
men for violating traffic regulations
by driving an automobile truck past
trolley car that had stopped in Man
haitian Avenue at the corner of Green
point. An examination Of the truck
showed that the boxes concealed LIQUOR.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Alaska Gold Mines Co.
Shows Larger Deficit in 1910

The annual report of the Alaska
Cold Mines Company for the year ended
December 81. 1919, disclosed a total
deficit, after all charges, of ss09, 97o,
which compares with a $647,974 loss
suffered in the preceding year. Gross
earnings amounted to s1,474,491, or
s33S,26S more than in the preceding
year. Operating expenses, however,
also increased. totaling Sl,753,119. or
a $5l9,952 gain over the year before
After other charges had been deducted
the total operating loss was s273,397
Interest paid during the year amounted
70 S225,o60, while depreciation was
placed at s311,522. ""
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17

and that the exchange should not deny
Stutz stock the privilege of free trad
ing on the floor of the exchange The
law committee declined to enter into
negotiations with Mr.. Ryan, holding
that all questions arising out of con-
tracts relating to the stock should be
settled between the interests directly
involved.
Suspension Order Explained
"The purpose of the governing COM
mittee in suspending dealings in Stutz
Motor" declared the head Of the Stock
Exchange, "was the protection of the
public. The committee knew there was
a corner IN the stock, which the public
did not know. Knowing that there
was no longer a free and open market
it was bound to suspend dealings for
the protection of the public Informa-
ton was then before the committee
that orders in small lots to sell the
stock were coming in from various
parts OF the country. obviously given
by people who were ignorant of the
corner, which, if executed would have
placed the sellers at the mercy of Mr.
Ryan: The suspension of dealings also
afforded an opportunity to the parties
to existing contracts to reach an adj
justment.
There is not word of truth in the
statement that the action of the ex-
change in suspending dealings was
Dictated by a desire to benefit the
short interests. The position of the
committee of the exchange, and the ex-
change itself, was that the protection of
the public required that the exchange
should be free to strike the Stutz
M otor stock from the list or to sus-
pend dealings in it and the exchange
refused to entertain or to have any
thing to do with the proposition made
by MIR. Ryan, which involved a settle
ment Of existing contracts but only
on the condition that the exchange
would bind itself to allow Stutz Motor
stock to remain on the list
Denies Ryan's Charges
Mr.. Remick branded as false tho
charges Of Mr.. Ryan that the govern
ing committee of the Exchange had
been Influenced by personal interests
in their action on the Stutz matter, and
added:
MIR. Ryan has asserted that his pur-
chases of Stutz Motor stock were sole
ly for the purpose of protecting stock
holders of the company against attacks
by short selling. The price of the stock
on FEBRUARY ranged from 100 to 1874.
During the whole of February there
were only $500 shares sold. On the
first of March the price was 113. The
volume of transactions in March was
$4,000 shares. The price rose from 113
on March l until March 25, when it
ranged from 245 to 252. 1t rose 100
points during the following week, and
on March 81 ranged from 379 to 391.
"The course of prices of Stutz Motor
stock in February and March demons
trates that Mr.. Ryan's transactions were
not necessary for the protection Of the
interests of the stockholders of the
company"
Mr.. Nemick stated that a resolution
OF the law committee Of the Exchange,
Mr.. Ryan's requests that
Stutz shares be stricken from the trad
ing list, had been prepared, asking
the Stutz company to show cause why
it's stocks should not be stricken from
the list.
"The Exchange has nothing whatever
to do with the settlement Of the con-
troverles between members of the Ex-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Business News

DDllONA demands
OF the transportation by
period during which the held by the railroads
on hand In
textl
another month
from their capital,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Buyers Coming

BAIT 4RE-American Wholesale Corp:
u. N. sEytinge. millinery; II. S. Messer-
sfaitn. remnants; F. Quelmalz. cotton
piece goods; 354 Fourth Avenue; is ex-
derson; c. w. Anderson. ladies, readv 70
wear; Breslin. Expected April Is.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17
Miscellaneous Markets

Bid. Asked
Midwest Refining Co........ 1853 l65
Northwest OIL Co 30 ~
Producers & Refners Corp com 81 sH
Sapuipa Refining Co ...... SIS SIS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-17

The third annual minstrel sbov ~
the employees Of the National Bank Of
commerce was held last evening in the
Street. -'' 0ie III Al