davidaulloa/AmericanStories huggingface dataset:
The Pulaskian., 1920-07-01
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GEYER SPRING.

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Miss Willie Ward of North Little
Rock was the guest of Miss Julia
Hampton Friday.
Hattie Mae Farley, who has been
visiting her uncle, Mr. |. c. Myers,
has returned to her home in the city.
Mrs. McClanahhan of Little Rock
spent Wednesday with her mother,
Mrs. Hull
Mrs. Beadle and Miss Edna Beadle
of Ironton were the guests of Mrs.
Beadle's daughter, Mrs. Van Dyke,
Sunday
Mr.. o. E. Hampton has returned to
his home from Stuttgart, where ne
has been working.
Mrs. Stokes and children were Lit
tie Rock visitors Sunday afternoon.
Mr.. Wesley Jones is spending this
week with his brother. MIR. G. W.
Jones. of near Mabelvale.
Mrs. j D. Jones attended the three
day short course at North Little Roc.
Miss Edna and seeta Jores ere
visiting their aunt. Mrs. ]. L. Mans.
of Mill Creek.
The Pulaskian., 1920-07-01
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= PARKER's SETTLEMENT. :.
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The cyclone makes the housefiy, the
blacksmith makes the freely, the car
penter makes the sawfly, the driver
makes the horsefly. and the biscuits
make the butterfly.
Little Rock visitors Saturday were
Mr.. and Mrs Sumerlin, Miss Gladys
Orendorff, Mrs. Vaughan and Mr. Jas
Vaughan.
Mr.. and Mrs. James Hart of Little
Rock spent the latter part of last
week in the country, as Mr.. Hart was
severely injured at the Union Depot,
where he is employed, and was un-
able to walk.
Little Rock will be stealing Alma
Shedle, one of our girls, one of these
days, as she is studying stenography
and is so industriously pursuing her
books that she will soon complete
the course.
Miss Marie Koehler spent Saturday
with Mrs. Sudwitz of Little Rock
Blaekberries seem to be bearing in
great profusion this season. It almost
looks af If they are trying to make
up for the loss Of peaches and apples,
although they are not the most deli
cious fruit there is. yet they are wholly
worth picking The only objection to
blackberry picking is that the thickets
make such excellent hiding places for
snakes.
Sand HilPs Revised Table Eli
quette on How to Act and When .
(The reason we insert this free of
charge is that we have heard there is
to be barbecue at Granite Mountain
Springs, July 5, so we want everyone
to know how to act property
l. Sprawl all over the table; it is
restful, ard rest is one of the bene-
fits you should get from a picnic.
2. If your feet get tired put them
up in your neighbours lap; he won't
care.
3. Show your appreciation of the
picnic by smacking your lips and 9th
erwise making noise like a Ford
trying to get out of a six-foot Arkansas
sandbed
4. If you have a mouthful of gold
teeth it is always policy to chew with
your mouth wide open and to make a
great deal of noise, so to attract at
tention; then your handsome gold
ones will show off.
5. As last bit of advice. remem-
Der that you go to a picnic to eat. If
you find that they have not given YOU
enough don't hesitate to take your
neighbours. When grabbing for piece
OF meat don't foolishly take the first
piece you see. Lift them, one bv one
make a good choice so that Won will
have plenty, because, remember, that
most of you won't have such a treat
in long time. port;a
The Pulaskian., 1920-07-01
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(: MABELVALE. ::
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~ "a - - - " - - - - ~ 20 - ~ -
The Ladies' Community Club held
a meeting at the school building June
81. We hope more ladies will attend
the next meeting, which will be held
on July 10. The meeting for July s
is omitted on account of various
Fourth of July celebrations.
We were all deeply grieyed to
learn Of the death of John Joseph
King, the little 18-month-old baby of
Mr.. and Mrs. ]. S. King. The baby
died Wednesday,, June %, after a
short illness of five days.
Mrs. L. B. Barnes spent Sunday
with her sister. Mrs. C. L. Van Dyke
Mrs. V. L. Cochrane is visiting her
daughter, Mrs. j. A. Crandall at
Bryant.
Misses Frieda and Minnie Booker
visited Mrs. Henry Meyer Saturday
Misses Hazel and Evelyn Carroon
of Little Rock visited Miss Helen
White Sunday
Y. L. Cochrane made business
trip to Alexander Thursday.
Alfred Munson OF Plainview was
ean in Mabelvale Monday night. Mr..
Munson has joined the navy recently
and is home on furlough.
The Pulaskian., 1920-07-01
Treadway to Attend
Lions Convention

Thee. Treadway of the Treadway
Electric Company will leave this week
for Denver, where he will attend the
national convention Of the Lions
Club Mr. Treadway is supervisor of
this district and expects to arrive in
Denver for the opening session on
July Ia. From Denver Mr. Treadway
will go to Omaha, st. Louis, Chicago
and Cleveland in search of electrical
supplies with which to supply the
trade during the coming season. He
will be gone for a period of about two
weeks.
The Pulaskian., 1920-07-01
49, > = s. = !. = :: :, : $. $.
SWEET HOME. :.

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large crowd attended Sunday
school and church and Christian En-
dpayor Sunday Bro. Grover G. Bid
we'll preached both morning and night.
Echristian Endeavor will be led by
Mr. George Pye next Sunday night;
subject, Patriotism.
Those who attended the Christian
Endeavor convention at Hot Springs
from here were Brother Bidwell and
wife, Mr.. and Mrs. Geo &c Pye, Mr..
Horace Casey and Misses Winnie
|Tarpley, Lucille Miller and Selma
|Hoekstra.
Mrs D. Morris, Mr. and Mrs. Jessie
|Gobb and family of Keo, called on DR..
and Mrs Lee Zuber Monday afternoon.
Twenty-Five of our club boys and
|girls attended the club rally at Forest
Park Saturday. Several of the club
boys and girls are planning to go to
BASKERVILLE, July II, to attend the
agricultural school for a week.
Oscar Watson of Little Rock and
Jamie Fullbright of Jacksonville spent
Sunday with their uncle, T. Hoekstra.
and family
J. S. Faneher has returned home
after spending two weeks at Green
Forest with relatives.
Mrs. Jessie Thomas and Mrs Ted
Thomas called ON Mrs. T. Hoekstra
one day last week.
a. 0. Hing is improving slowly from
his. burns.
Misses Myrtle Hall, Thelma Dixon
The Pulaskian., 1920-07-01

Saiu ida Hoekstra were in a music re-
cltal at the Christian Church last
Wednesday night. They are punils Of
Miss Ode Reaves.
There is to be barbecue at Granite
Mountain Springs. July 5, by the La
dies Aid Society of Primrose Chanel
to help raise funds to furnish the new
church, which will be built in the near
future.
Mr. and Mrs. Will Hickman and
children of Levy spent Saturday night
and Sunday with Argue Avery and
family.
Harry Nichols little son has been
very sick the past few days.
Mr.. Avery will leave Thursday for
iexas, to visit his daughter. Mrs. Ben
borough.
r. ]. Smith of Martindale called on
Miss Violet Jacobson Sunday after.
noon
Sunday morning a dog got among
John Wright's chickens and killed IL
Misses Helen Fancher, Erma Thorn.
as an Annie Carlson called on Misses
Ida and Selma Hoekstra Sunday af.
ternoon.
Albert Deimer spent Sunday after.
noon with Charley Thomas.
DR.. and Mrs. Horace Wills of L.it.
tie Rock called ON their cousin A O
Hing, last Friday.
Mrs. Argus Avery and children
spent Monday evening with Mrs. Har-
ry Nichols.
Mr.. kaVanaugh Mason and Mr.. Rus.
sell Borland are back in Sweet Home
They did not tarry long in Detroit
Mich. They think old Arkansas is
good enough for them.
There was preaching at Primrose
Chapel Sunday morning, but no
preaching at night, as Brother Rorie
has started protracted meeting at
Mabelvale. Some of our young peo-
pie attended services at Mabelyale
Sunday night.
George Pye and Horace Casey at.
tended conference of the First Pres.
byterian Church in Little Rock Sun.
day afternoon.
Mrs. t. Hoekstra and daughters,
Misses Ida and Co1n,o oo11.
Lee zuber and niece, Miss Myrtle
Hall, Monday afternoon.
Miss Irene Meisner is staying with
Mrs. J. A. Crow this summer.
Mrs. Fannie Deimer has returned to
her home at Benton, after spending
several months with Mrs. ]. A. Grow.
Mrs. w. B. Cunningham and son, w.
b, have returned to their home at Van
Buren, after a weeks visit with her
parents, Mr.. and Mrs. Mute Farpley
The Pulaskian., 1920-07-01

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= FRIENDSHIP. :.
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The ice cream supper at the home
The Sun and the New York herald., 1920-09-29
GOSSIP OF WALL STREET.
rally Is Feeble.

Stockholders. particularly OF indus
trial stocks, had little cause for JubllA-
ti0n last night because OF the markets
allowing during tho dAy. A robust rally
mad bean widely anticipated ana fore
cast as a result Of Mondays smash In
prices, Tho best that stocks could do
yesterday was a creeping advance that
carried averages back less than a point,
and that at most times was tinEed by
irrsgulArlty. Tho decline from the hiGh
point OF two weeks ago last HdAy or
1926 for twenty representative indus-
trial stocks has been ais, Last night
they stood al sA,Bs, an advance for the
day OF OIL, A rally was dua, II Tor
nothing but technical reasons. and II
can hardly be said that tho rank and fils
OF Wall Street professionals, particularly
those long OF industrial stocks, went
homo IN anything like happy frame
OF mind last night. Evidence that IN
dustrlal liquidation, brought about by
price AlaAhinE, 10 on az a rate that Il
mas not reached since the armlatice. con-
tlnuea 10 pour In, Public participation
In tho current, market. II II evident IL
exceedingly iikht ana most OF yester-.
days turnover could ba traced 10 the
give and take OF professionals.
The Sun and the New York herald., 1920-09-29
TO OFFER COTTON MILL ISSUE.
Bankers Underwrite ST,5Oo,OOO of
n. n. q II. Knight Bonds.

A syndicate. composed OF the Chase
Securities Corporation, e, II. Rollins &
Sons, Harris, Forbes & Co.. Naphen &
Co.. Parkinson & Burr. Spencer Trask
& Co. and Bond & Goodwin. has been
formed to underwrite and offer to the
public $500, 900 OF b. b. q r. Knight
first mortgage ten-year per cent. sink
ing fund gold bonds at % and interest,
10 yield about 7,sS per cent. The bonds
are dated September I. 1890. and are
due on September 1, 1880. They are
redeemable at the companys option on
thirty days notice at the following
prices: 105 to September .. 1891; 104h
to September 2. 1922 1o4 to September
3, 1898; 103h to September 2, 1924; 103
to September .. 1885, 1924 to 6eptem-
Der .. 1925: 1o3 to September 2. 1897:
11oh to September ., 1898, and 10l
thereafter.
B. b. & r. Knight is Massachusetts
corporation. successorJof the Rhode ISL
and corporation OF the same namo. It is
one OF the largest manufacturers Of
cotton cloth in the world. The company
has seventeen mills scattered through
Rhode Island and In Massachusetts,
having 100000 aggregate square feet
OF floor space. ana employs about 5000
persons.
The Sun and the New York herald., 1920-09-29
Equipment Trust FInancIng.

II is reported. on reliable authority.
that the Interstate Commerce Commits
sion will recede from It's stand on tho
sale OF equipment trusts. which, thus
Ear. has been a barrier to considerable
financing OF that nature. The stand OF
tho Interstate Commerce Commission In
that in case in which the Government
has lent railroad money at per cent.
on equipment trusts all OF It's other bor-
rowlngs must he at not more than z
per cent Railroad men realize. OF
course. that per cent money for rail-
road securities has vanished, tempo
rarily at least. and when such roads as
the New York Central are obliged TO
pay per cent. for money. the weaker
sisters among the railroad corporations
have n poor chance OF acquiring fresh
capital. even at that figure, II Is ex-
pected that the first piece OF financing TO
result from Abe Interstate Commerce
COMMISSIONS Fchange OF stand on that
problem will be ss.0o0.O0O OF equipment
trusts for the Illinois Central Railroad.
probably TO be handled by Kuhn, Loeb
& Co.
The Sun and the New York herald., 1920-09-29

SIS, 900 900. The next step was TO llqui-
date as large n number as possible Of
the 1900 unHold cars. In the last six
weeks more than 20 per cent. or $500
cars, have been sold and paid for. The
other steps consist OF reorganization
Of the management, which is In progress.
and OF reestabllshment of dealers con-
nections, now going forward at the rate
Of twenty a day. The Chalmers unit Is
about ready to resume operations, enough
neV orders having come in to warrant
that action.
, Mr.. Harbeck pointed out that the
only way the companles' stockholders
could share in so per cent. Of the asset
value OF the PROPERTIES was to pay cash
for new classes A and b stocks. which
they were entitled to buy from the un-
derwrlters. Based on property values.
he said. the new s15,0o0.0O0 would ac-
quire approximately S55.0o0.00o in Sc
curlties representing asset value, and
that stockholders. who would get moth
ing n the plan should fail and only a
very small equity in their properties II
they should merely deposit their stock,
were advised to preserve their equity by
acquiring new classes A and B stocks
from the underwriters.
The Sun and the New York herald., 1920-09-29
More Car Reductions.

Every day brings new and prominent
names In tho automobile industry Into
prominence with reduction In price, Yes
terday's fist included Studobaker. WHY'S
Overland, Hudson and Essex. Pierce
Arrow announced an advance. Taking
tho manufacturers own word for II,
they have been. at the old prices. howlng
to the line and making only normal
profltA II that is the case, ono hears
everywhere the question; "Who will
stand tho loss?" VIII II be the manu-
facturer? WIN II bo the producer OF
raw materials7 Sooner or later they
will have to fall Into line with Henry
Ford. who declared 10 the manufactur-
ers from whom no buys his steel, his
leather. his rubber tires and everything
else that goes into a car, "Mr. Man.
have reduced my prices. Reduce your
prices OF raw material 10 a point at
which they can DO profltably worked
into my reduced price cur or will buy
them whore can get them at that
price"
The Sun and the New York herald., 1920-09-29
ANSWERS RYAN's COMPLAINT.
New York stock Exchange Denies
Alterations OF Broker.

The New York Stock Exchange,
through its president, william II. Re-
mick. has prepared and served on Allan
A. Ryan an answer to the complaint
filed by Ryan in his suit against tho
Exchange ana its governors for $1,000
900 damages alleged TO have been suB-
tained when Stutz Motor Car stock was
suspended from trading by the governors
OF the Exchange last March. The answer
Is general denial OF practically all Of
the allegations contained in Ryan's COM
plant.
Ryan claims that the Exchange took
unwarranted action In suspendlng the
stock, In which no and his associates
were said to have effected corner. and
alleges that as a result OF that action
he was damaged to the extent Of more
than $1,0o0,000. The Exchange. in It's
answer, declares that the market for
stutz stock prior 10 its suspension on
March Al had not been q free and
open market for tho reason that the
stock had been cornered by Ryan and
his associates and that the consequent
Suspension Of the stock from trading
was in accordance with the rules gov
erning trading In securities on the floor
Of the Exchange.
The Sun and the New York herald., 1920-09-29
o. s. WIthdrars aaa, ,aas, ,O0o.

withdrawal OF funds by tho Govern
ment from New York institutions Will
total S32, lass, 900 this week, or that
amount, t12.ssa.O0O will be Withdrawn
to-day and ,O.bOO,O0O tomorrow, There
II a possibility OF those withdrawals
causing a slight stiffenlng OF tho call
money rate before arrangements are
completed because bankers had not an
tiolpated that tho Governments takings
would be no heavy this week. The with
drawalA viii be accomplished by calling
In deposits created by subscriptions 20
Government certificates OF indebtedness,
II IA expected 10 continue periodically
until tho Issue fof such certificates,
iloated recently, 10 exhausted.
The Sun and the New York herald., 1920-09-29
MAXWELL-CHALMERS
HIT BY CREDIT PINCH
Hdrbeck Says Trouble Is Due
to Financing Sales.

J. r. Harbeck. vice-chairman Of the
managing and reorganization committee
OF the Maxwell Motor Company, Inc..
and the Chalmers Motor Corporation,
describing yesterday steps which led to
the plight OF those companies, said that
fundamentally the trouble was because
financing sales did not work in times OF
great credit stregs. The companies sold
their products for cash and paper, which
was discounted with banks as long as II
was possible TO do so. That system
worked for a long time, but when the
credit pinch arrived dealers were stocked
up. In an unliquid position the dealers
found II difficult to meet their paper,
which the companies had indorsed and
discounted. Failure to meet the paper
transferred II from a credit balance
among the assets to aTecurring liability,
and as the companies difficulties M
creased so did the unexpected liabilities.
Finally the creditors and all concerned
had 10 call for help, with debts mount
ing up TO S33,000,000 and sales and
liquidation In n stagnant position.
At the time OF the cali for help there
were no less than 1900 cars Of all sizes
manufactured but unsold. Tho COM
panies were headed directly for re-
ceivership, in which IL was evident that
the stockholders would have no equity
and that the creditors would be able TO
obtain less than 80 cents on q dollar.
The situation was so bad that Maxwell.
which had q theoretical dealer body OF
5000, found the actual points OF contact
reduced to 500.
To emerge from tho difficulties the
a,aS ata,n 1uan 90 esat ,tndnruritara for .
plan Of reorganization. The underwrit-
Ing syndicate, Of which Blair & Co. were
managers and were to receive s250,0o0
for their services as part Of the expenses
OF the plan. was formed and agreed to
purchase 100000 shares Of class A stock
ana 100000 shares Of class b stock for
The Sun and the New York herald., 1920-09-29
United States Rubber.

Col Samuel p Colt. chairman Of the
United States Rubber Company's board,
declared yesterday that the report which
the Street had on Monday that that
corporation was in the market for $l0,-
100000 OF new money was entirely
erroneous. He declared that company
to be in comfortable circumstances, had
no difficulty in obtaining such funds as
II desired on current borrowing and had
no necessity for any further financing
Col Colts statement induced a general
covering moving in the stock Of that
corporation, which had been exception
ally weak on the preceding day. and Il
moved entirely out of line with the run
Of industrials OF its class, advancing
from the low OF 75 TO n for a net gain
oC "a points.
The Sun and the New York herald., 1920-09-29
CONSOLIDATED EXCHANGE.

Almost entire relief from tho pressing
liquidation for New England interests,
noted on Monday, was the chief Influence
for material Improvement in tone and at
tending gains Of one point to three points
at the maximum in most active indus
trial shares traded in yesterday in the
Consolidated Stock Exchange. Motors
reflected sustained pressure in the final
trading. some Of them falling back three
to six per cent Numerous minor rails
advanced TO new high marks for this
year. while major rails about marked
TINA
The Sun and the New York herald., 1920-09-29
AUTHORIZES wApAsH PLAN.

WARRINGTON. Sept. 2S.--The Wabash
Railway Company was authorized to-
day by the Interstate Commerce Com
mission to exchange its per cent profit
sharing preferred stock and it's COM
mon stock in equal amounts OF S7.57s.120
for Its per cent. convertible preferred
stock now outstanding. In the aggregate
Of s15,152,24l par value, the exchange to
be at the rate Of $50 par value OF pre-
ferred stock and $50 par value Of COM
mon stock for every 800 par value OF
convertible preferred stock
The Sun and the New York herald., 1920-09-29
Labor Emclenoz 1nerens.r.

Testimony comes to Wall Street from
large corporations OF every class that
labor efficiency has increased marvel-
lously In the last three months, and
that that increase ls particularly no.
ticeable in the manufacturing centres OF
the middle west. A manufacturer of
that section, who recently visited New
York. told Of how, when cancellations
started to come In, his force was pruned
from 1000 to 5000 men. The falling
off In the volume OF output has been
80 slight as 10 fail TO occasion comment.
Labor" declared the manufacturer, ''is
commencing to heed the advice of a
Chicago banker who recently declared,
If you have Job. by all means stick
IN ~"
The Sun and the New York herald., 1920-09-29
shading Copper.

II was reported authoritatlvely yester.
day that several big dealers have shaded
copper prices again and following on tho
heels OF the cut announced last week,
In tho endeavor 10 move some heavy
stocks which have accumulated IN the
last few months, In view OF the fact
that tho export demand for copper IL
comparatively light. II Ia considered
likely that the price will he further
shaded.
The Sun and the New York herald., 1920-09-29
Norwegian Loan over.ub.erlbcd.

The hunger OF the investment public
for good issues OF long-term bonds was
demonstrated yesterday. when the bank
ing syndicate back OF the S2O,OOO.OOO
Norwegian Government loan closed It's
books within three hours after they
were opened for subscription and an
nounced that tho loan had been over
subscribed between three and four
zines. IL was said that the total OF
subscriptions, when classified and tabu-
lated. would approach 500 100000.
The Sun and the New York herald., 1920-09-29
Boston Banking situation.

The Boston Federal Reserve Bank ad-
vised yesterday the New York Federal
Reserve Bank that, despite the closing
OF several small institutions, the bank
Ing situation In Boston was fundamen-
tally sound. No member bank OF the
Boston Federal Reserve Bank has been
involved in any way in the difficulty.
said the telegram. Bankers attribute
the run on several small institutions in
Boston 10 foreign depositors and wild
rumors which are flying about among
the foreign population of that city.
The Sun and the New York herald., 1920-09-29
NEW ORLEANS CorroN MARKET

NEW ORLEANS. Sept 2s--weakness
in cotton yesterday was contrasted by
to-day's pronounced strength as the re-
suit OF growing uneasiness over storm
In the Gulf. Shorts covered in great
volume and the market could not supply
the demand Close: October, 22.4S De-
cember. 21.2o; January. 20.64; March,
2o.42; May. 2o.i2. Spot quiet; mid
ding, 23. '
The Sun and the New York herald., 1920-09-29
EMPLOYEES TAKE STOCK

Announcement was made yesterday by
tho Cities Service Company that 1859
shares OF its preferred stock had been
taken by its 2.7TS employees under the
subscription plan offered by that corpo-
ration. Approximately 5000 employees
Of Cities Service are Stoclxholders in
their company.
The Sun and the New York herald., 1920-09-29
NOTICE DEPOSITS INCREASE.

OTTAWA. Sept. 2s.---Increase OF ap-
proximately sS.oo0.oOO in notice de-
posits is shown in the August bank
statement, issued to-day by the Depart
ment Of Finance. Call loans outside Of
Canada showed decrease Of $4,000
900, In comparison with those OF July.
Call loans In the Dominion also have
decreased considerably.
The Sun and the New York herald., 1920-09-29
MONEY AND EXCHANGE.
CALL MONEY.

CALL MONEY.
High. 7lLast. t..,............ Z
Low. w.....,,.....,.- 1lRenewAls..,,,.,,.. Z
Years hish."..... 2olYsar's low.....'... .
CLEARING HOUSE STATEMENT.
Clearing House exchanges, 4s4i ,0a0, 200;
balances. $50, $50 2To; sub-Treasury debit
balances. si92,S4S Federal Reserve credit
balances, SS3,596. $40,
SILVER MARKETS.
Official bar silver I'm Now York; Domestic.
99ilc. per ounce, Unchanged foreign. a3o,'
unchanged bondon beNd.. unchanged; Mex.
lean dollars, Tie. unchanged.
CANADIAN EXCHANGE.
New York funds In MonefehI, Si00.o5 pre.
MUM per $1,000: Montreal funds in New
York. f98,25 per 1000.
The Sun and the New York herald., 1920-09-29

recorded in separate line unless
u werem made a the regular full lot
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1920-11-13


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