davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
STANDARD CUTS MELON.
Stock Dividend of s157,oOo,ooo Sets
Record.

Chicago. Oct pa stock dividend
that will mean q sift of approximate
| ly $157,000,000 to the stockholders
was declared yesterday by the d.
rectors of the Standard Oil Company
OF Indiana. one Of the old Standard
Oil subsidiaries. The diy:dent calls
for payment Of 80 per cent in stock
to shareholders of record Dec. II.
Thus each stockholder will receive
one and q half new shares for each
share held.
The authorized capital stock is
100000. 900. of which s29, 100000 is
row outstanding. The surplus is
about $1S0,O00,0OO. The stock divi-
dend will require the issuance OF S.
26o'oo0 new stock, which will be cap
! ltal1zed from surplus, which will be
reduced to $12a,750,000. The stock div
idend will require 502.5oO. The stock
and yesterday the stock was quoted
IN the market around s7S0 a share.
Figuring the present outstanding
shares at $3.50. the stock after dis
tributing the stock dividend should
be worth about s512 a share, and at
this, figure the value of the "melon"
to the stockholders will be approx
imately s15e,7SOOOO. This Is one Of
the largest melons to be distributed
III recent years. especially since the
decision = of the United States SUI
preme court declaring stock dividends
not subject to the income tax
The stock dividend and splitting
up of the shares to give a lower mar
ket value have been in the minds of
the directors for several years, and
were held up since 1917 because of the
possibility that the melon" might be
subject to income taxes. With this
possibility removed, the directors set
to work to arrange the present dis
tribution.
Standard Oil of Indiana has been
one OF the bonanza corporations Of
Americas Industrial history. When
the United States Supreme court in
1911 ordered the dissolution of the
Standard Oil Company of New Jer-
sey, the parent>eorporation the $685.
200 capital stock of the Indian sub
sidiary was returned to the COM
pany's stockholders The stock was
increased from s1.000,OO0 to $30OOO,-
600 in Mayrk1912, by the declaration
of a stock dividend of 1900 per cent.
In March, 1917, the capital stock
was increased from s30,OoO0OO to
S100,000.000. Since 1913 the company
has paid cash dividends at the rate of
IL per cent annually, and in this time
extra cash dividends have aggregat-
ed so per cent.
In the eight years of operation in
its present form the Standard Oil
Company of Indiana has made net
earnings of approximately 100000
0oo-the banner year being 1917,
when net aggregated s43S0S.931.
Earnings this year are said to be run
ming in excess of any previous year,
because of big expansion in gasolene
business. Since 1915, the beginning
OF war order prosperity, the company
has added S10.000,000 70 s20,OOO,OOC
year surplus after paying generous
dividends and setting aside s16,000,00
to s1S,000.000 year for excess profits
and income taxes.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Iowa News Items

Davenport-Axel Tolberg. 35 years
old, a bricklayer. was killed when
his arm came in contact with power
wire while he was at work on the
new building OF the Abraham Candy
Company. Second avenue and Twen-
tieth street, Moline, at 1870 o'clock
Friday afternoon. Mr.. Tolberg's
home was at 1143 Fifth avenue, Mo-
line.
New pton-Carroll and Jerry
canty will leave Saturday night on
the steamer Vaubon at New York for
Rio Janiero, Brazil. They are going
to investigate the inheritance left the
Canty children by their uncle. Judge
Thomas Canty. who died in Cur
| ralmho. Brazil. May /. Judge CAVITY
left an estate of s1.5oO.O0O. The
children OF Mrs. Nellie Cantv of this
city We're bequeathed 100000 Of the
estate.
Muscatine--Suit for damages to the
amount of $4,000 has been filed
| against the town of Wilton by Bessie
Loveless administrative OF the estate
OF John LoVeless of Mnscatine who
| died June 10 of this year as. n re-
| suit of fall from 7O-foot waite,
| tower which he was engaged in paint
Ing, ut that place. The petition now
on file Mt the office OF the county
clerk asserts that the fall was caused
by the victim taking hold of nninsu-
lated electric wires which were at
tached to the tank and that the SHOCK
received from the wires caused him
| to fall. Loveless suffered the fall In
| the forenoon and died in the after
noon, reports given out at the time OF
the accident stated The victim OF
the accident was well known as q
steeple- Jack and had painted some
| of the highest structures in this city
WaIeriy- Waverly's big sugar fac
tory is now running full blast and Il
is the busiest place in this section
| About $50 men are at work in the
plant, working In three shifts; one
| set going to work at a. m. and work
ing until p. m. Another shift starts
| at that time and works until |:
o'clock, midnight. and the third shift
goes on at midnight and works until
a. m. Everything is in working or.
der except the elevator to the big
crane, and the big dryer. The latter
| is just being installed and Is n huge
affair. Because Of \ inability to get
all the material and parts on time
this has been delayed. The crane is
| working satisfactorily. but the ele-
vator for some reason. fails to work
properly and until this is put in run.
nin~ order the beets are being un-
loaded by hand and by two small
cranes--one of steam and one by
gasolene-with huge buckets. Sugar
| is being turned out now and it is said
| to be Of the highest quality, in fac,
1t has all other Iowa. factories beaten
n mile on the quality OF sugar.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
DENY ExTRAvAGANCE.
War Department Says Sale of Sup.
plies Aided Public.
BY Associated Press.

BY Associated Press.
Washington, Nov. 1.-The war de-
partment Sunday answered charges
that the. government had sustained
great loss thru the sale of surplus
war supplies with the claim that it
had saved over S4,675,342,SS1 to the
taxpayers of this country thru the
sale of such supplies and settle
ments of claims"
The department made public a
statement of several thousand words,
in which it took up in detail charges
made recently in q number of news
papers. Characterizlng these charges
as "unfounded," it said that to have
a proper understanding of the stu
alton it must be remembered" that
the department, in making it's pur-
chases of war materials, was contem-
plating field force of 100000 men.
Declaring that how long it would
be necessary to maintain this force
in the field was question which
could not be answered, the statement
said that, had the war Continued
another year, the supplies on hand
at the signing of the armistice would
have been totally Inadequate"
IF no answer had been provided"
the statement added, there would
have been a repetition of the condi-
tons which existed in the Spanish
American war"
Sales of war materials overseas
aggregated sS22,923, 225.S3 France, it
was stated, purchased goods for
so32, 100000 and in addition waived
customs duties estimated at approxi-
mately 100000, and further as
sumed the payment of 10000 claims
against the United States arising out
Of the American occupation and use
CT installations and lands.
LAS result:> therefore, of the work
OF the United States liquidation COM
mission" the statement continued.
the war department saved to the
taxpayers from the sale of surplus
OF war materials in Europe S972,923,-
225.s2, plus the claims for dana ges
which would have been entered
against the government Thus. the
cost this country 1890, 9S9, 3O2 was
disposed OF to the French government
for $4,0O0o00 payable in ten years,
is entirely erroneous"
In addition to the surplus sold over
seas, the department said. equipment
valued at S672, 900, 900 was returned
to the United States. and ito reduce
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01

CURED in the discharge of his work.
intervals of five years up to the six
tieth year OF age.
One months annual leave is guar
anteed with pay and after ten years
six weeks with pay. Three months
notice must be given of discharge
and, after five years continuous en-
ployment, one month addition for
each year, with u maximum notice
OF one year.
The employer is compelled to pay
into a pension fund a minimum of
500 crowns a year for each employe.
The details OF the pension system
are to be promulgated in the form of
ordinances by the departments OF
education and interior.
The provisions as applying TO the
sale of newspaper are interesting
A new proprietor may within one
month give notice to an editorial
employe that he will not continue his
employment, whcreupon the latter is
entitled not only to the pay OF the
period as above provided for but, II
he has served the former owner less
than five years. also to one years
full pay and. II his service was for
n periud between five and ten years,
to pay for year and half
Should n new proprietor fail to
give notice of discharge within 80
DAYS the employees are entitled TO one
years notice.
Both the seller and buyer OF q
property are bound to guarantee the
claims OF editorial employees.
In event OF the suspension OF a
paper, six months notice or an equiv
alent of salary are required. Should
paper alter the political policy the
employe can claim the same priVl-
leges as II the paper had been SOLD
In case of dispute an arbltratloh
court is provided for two members
he,np chosen by the parties affected
the fifth to be a member of the ma
tIonal assembly.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01

great cost, to the industrial estab-
lishments which have resumed pro-
duction in the north.
"That the coal situation as well as
the industrial is improving is shown
by the comparative production fig
ures Of the months Of May and June
OF this year. The Pas de Calais mines
produced $4,000 tons in May, and in
June the figure had risen to 10000
tons-an increase in one month of
$4,000 tons, OF 10 per cent. In the
department du Nord the June output
Of $4,000 tons was 104 per cent
greater than the May output, 1905
tons.
up to recent date over 9,0eG-
100000 francs had been advanced by
the French government for the re-
building OF homes and factories and
restoring industrial sites. In all over
20, 100000 600 francs have been ad-
yanced for reconstruction work of
all kinds. The sums are recoverable
under the reparation clauses of the
Treaty of Versailles"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
AUSTRIA PETS EolfoRs.
Pensions, Projections, Announcements,
Make Newsman's Life Easy.

BY Associated Press.
. Vienna, Oct. 29.-By an act of the
national assembly. the newspaper
fraternity of Austria is given spec
ial standing in its relation to employ
ers. Members of the news depart
mentS OF papers always have enjoy
ed the customary legal protection as
regards notice Of discharge, vacations
and similar matters but the new law
sets them apart with unusual safe
guards.
The act covers editors, editorial
writer's, artists and reporters en-
gagged on a fixed salary, but not per-
sons to whom newspaper work is
secondary employment. Under it's
provisions the employee must be given
u written agreement describing the
nature of the work for which he Is
employed, amount Of salary. allow
ance for special work and Stipula-
tons for repayment of expenses in
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01

Progress of restoration of the area
in northern France ruined by the
war is an important index to the
whole probler, of western Europe.
The enormous task of rebuilding the
devasted area is being performed by
the entire French population. Many
are engaged in the actual work; many
more of Frances population are con-
tributins by lending money. Because
of the nation public interest,
the French government is issuing
bulletins showing the progress of
the work.
In this country also there is wide
interest in the restoration of north
ern France. The Bankers Trust Bull
lotin, thru its French section. covers
the most striking features of the in
formation given out By the French
government This bulletin says:
The following particulars will give
an idea of the work accomplished by
the department of industrial recon-
struction. Its main object is to sup
ply machinery and raw materials for
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
HOME A PRAIRIE SCHOONER.
Farmer Journeys to Far North in
Electrically Equipped White top.

electrically Equipped White top.
Special to Times Republican.
ellsworth. ,Sask.. Nov. Like a
phantom of The dim past. white
topped prairie schooner is crawling
northwnrd onka ! 800 mile taunt. It ts
headed for this point. It started
from Ellhorn. Iowa. several weeks
ago.
Motor tourists whtsking over the
north and south trails have encoun-
tered the schooner from time to
time. Those who came upon it Mt
nt6ht were started TO find it ngloW
with electric lights. The occupants
instead of broiling wild duck over
the red hot Goals OF a campfire. were
toasting bread and frying eggs and
bacon on an ELECTRIC plate.
The schooner. piloted by w. f.
Potts, of Elkhorn. Iowa, who is ac-
companied by his wife and two chill
dren, is more than twice as large
as the old fashioned white-top that
carried pioneers into the west. II
Is "parlor, bedroom ana BATH"
explained Mr.. Potts. And 1t carries
its own electric plant. We certainly
are beating Old Hi Cost of Living
and the house shortage problem"
A number of lother Iowa farmers
started for Saskatchewan at the
same time Mr.. Potts and his fam
lily began the long journey for the
purpose OF looking over rich farm
lands that are being closed out to
settlers Inv tho Hudson Raw com.
pany, Most Of them came with au-
tomobiles and trailers. 1t was n race
of hare and snail.
Well sacrifice speed for pleas
ure,' said Mr. Potts.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Artists Gan Tell Lies,

It happened at a dinner in honor
of a number of famous artists. The
conversation turned to art
Said one of them: 1.-The other day
painted a deal board in imitation of
marble with such accuracy that on
being threwn into the water, it i'm
mediately sank to the bottom"
hung my thermometer on the easel
supporting my picture of the North
Pole. 1t fell at once to twenty de-
srees below freezing point"
That's nothing" remarked third
artist My portarait of prominent
millionaire was 50 lifelike that it had
to be shaved twice week"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01

the high cost OF living" the war de-
Dartment in the last year and a half
had sold approximately $4,000, o0O
worth OF food supplies at 60 per cent
of their cost value.
The departments statement char
acterzed as absolutely unwarrant-
ed charges that the army shipped
only 1900 American made shells to
France and that only seventy two
American made guns reached the
american forces at the front. 1t de-
c'ared that UP to armistice day
6.3o9, 900 American made shells. cor
one-half the total number OF the
shells expended by our forces during
the war period" had been sent to
France.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Iowa Supreme Court.

Special to Times Republican.
| Dcs MOtnes. Nov. 1.-The supreme
courts todaS ruled as follows:
State of Iowa VS.. John Monroe. ap
pellant Woodbury. county. Affirmed, :
McManus, APPELLANT, VS.. McMannus.
Cherokee county. Affirmed.
Mangan ct al VS.. Bradac ct el APP
pellants. Wapello county. Reversed
and remnnded.
State of Iowa appellant VS.. jim
kens Davis county. Reversed.
Lille, appellant, vs.. Shriver, Iowa
county. Affirmed.
State of Iowa vs.. Davis ct al, ap-
pellants Woodbury. county. Affirmed,
Marckres Bros US. Perry Gas
Works. appellant. Dallas county. At
firmed
Murphy. appellant, VS.. Murphy ct
al. Lyon county. Affirmed.
Whalen, appellant, VS.. Brodkey ct
al. Woodbury. county. Affirmed.
Martin MS Palmer Fruit Company,
appellant Woodbury. county, Affirm
ed.
Dejeeuw VS.. the Fox Chemical
Company, appellants. Cherokee
county. Reversed.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
New York Produce.

New York, Nov. /.
Butter--Steady; receipts 9.9l5
tubs: creamery, higher than extras,
62h @6s; extras. 81 score, 613 962;
extra firsts. So to 81 score 47@60:
packing stock, current make, No. l,
32@321a.
Cheese--Irregular: receipts 2,s14
boxes state and whole milk flats,
current make. specials, 23@24: av-
erage run, 229221s; state and whole
milk twins, held specials, 26@27b;
average run, 24@25; state and whole
milk flats, held, specials. 261s@2S;
average run. 24@25.
Eggs-Firm; receipts 1855 cases;
fresh gathered extra firsts, 71@72:
firsts, 5000.
Poultry-Steady: old ROSTERS. "a:
fowls, SO; turkeys, 4oi frei5ht broil-
ers, Sc; express broilers. 36@37:
dressed poultry easy; western broil-
ers, 34@45: roasting chickens. fresh,
29@4o; fowls, fresh, a4@3e; ROSTERS,
fresh. 24@60; turkeys, fresh, 25@4O.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01

~ appearance. graceful IN outline
and elegant In proportion are now
being made by experts in the west
end Of London.
These pipes have tiny bowls, some
OF which are shaped like an egg or
bell, and which hold about the
amount OF tobacco contained in a
couple OF cigarets. Some Of the wom-
en- smokers like them with a plain
gold band for mounting, while others
favor dainty circlet of Jewels
around the stem. :
I'VE have on the average five new
customers a week." said a member
OF firm which Is specializing in the
work There are many hundreds OF
women pipe smokers In England
They find it costs loos than cigaret
smoking. Some OF our customers are
only 20, while others are so and old
er."-London Mall.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
PEORIA CASH GRAIN.


Peoria, Nov. /.
Corn-One-kalf to / VI higher: No.
yellow, 81; No, yellow, 81; No. !
white, 91@911a; No. l mixed, 81; No.
6 mixed. IS.
oats-one- half higher; No. ?
white. SAG.
ST. LOUIS CASH GRAIN.
st. Louis, Nov. 1.
Wheat-Red, steady to 2 cents up;
No. / red. 2.30@2.32: No. 8 red, 2.26
@2.31: No. red, go; No. hard,
2.2O; No. 3 hard, 2.15; No. l mixed,
2.as@2.25.
Corn-Steady to cent higher: No
mixed, SSGSs1a; No. 3 mixed. S.;
No, ! yellow, 81; No. 3 yellow, 90;
No. 6 yellow SS@9oh; No. 2 white,
90; No. white. SO.
Oats-One- half cent lower; No. 2
white. 55&dl56: No. white, SAN a
SO.
KANSAS CITY CASH GRAIN.
Kansas City. Nov. /.
Wheat-Unchanged to cents low
err; No. 5 durum, 2,1S@215; No. |
hard, 2.12@2.15: No. hard, 2.0S@
Els: No. 8 hard, zoo.
Corn-Unchanged: No. white. ST;
No. white. 81.
Oats-Unchanged to q cent lower;
No. 2 white. 90. No. 3 white. 64M !.
No. 2 red. IS.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Range 81 Prices.

Chicago. Nov. 1.
wheat-Dec. opened at 2.09: high
est, 2.10A; lowest, 2.o7; closed,
2.091s: March opened at 2.04: high
est. 2l04M. lowest. 1.sS. closed. ZOE.
Corn-Dec. opened at So: highest.
S51s; lowest, SAW; closed, SAY; May
opened at 90A: highest. 9G5s: lowest.
soy; closed, COX.
tOats-Dec. opened at 55A:! high
est. 55h: lowest. 54ss; closed. 64M:
May opened at CO.'S; highest, soa4;
lowest. so: closed, 60A.
Pork-Nov. opened at 1885. nigh
est. $500; lowest, 1855; closed, 1900;
Jan. opened at $500; highest. 25.35;
lowest. $500; closed, 25.s5.
I4ard-Nov. opened at 1900: high
est. 1910; lowest. 1890; closed. 1890;
Jan. opened at 1912: highest, 1855;
lowest. 1910: closedA 1856
Ribs-Jan. opened at 1880; highest.
400: lowest. 1877; closed. 400.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
NEW TREATY WITH CHINA.
Colby and koo Sign Pact Permitting
Customs Duty Increase.

A treaty between the United States
and China Professionally rearrangins
the customs duties which China can
charge on imports Of tobacco, sugar,
spirits and luxuries was signed at
the state department yesterday by
Secretary Colby and DR.. Wellington
Koo. the Chinese minister.
The effect os the treaty Is to pro-
vide graduated increases in the per
cent flat rate permitted on imports
into China under the treaty Of 1903,
as the receipts from that source, ow-
ing to the diminishing purchasing
power OF money, are insufficient II
maintain the government.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
NAVY 10 SELL 30 VESSELS.
Five Old WarshiPs in the Number
Expected to Bring ,OOOO OO-

Five Old WarshiPs in the Number;
Expected to Bring S,,OOO,OOO-
Five old-style warships and 20
miscellaneous vessels are to be OF
fered for sale by the navy depart
ment by competitive bidding. Ten
ders Will be opened october 2s-
The five warships include the
cruisers Raleigh and Cincinnati and
the gunboats Machias. Castine ana
Petrol The largest vessel included In
the lot is tho Supply, used during
the war as supply ship for the nav
al shore stations.
All money received from tho sale
CT these vessels" said the depart
ment,s announcement yesterday, lis
to be turned over by the navy de-
partment to the treasury department
as a refund for war expenditures. 1t
Is expected that more than $1,000,0 900
will be realized in the sale Of these
vessels"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Chicago Produce.

Chicago, Nov. !.
Rutter-Higher; creamery. 4o@61.
Eggs-Higher: receipts 1859 cases
standards. 63@64; firsts, 6o@61;
ordinary hrsts, 5S@5s; at mark, cas-
es included 52@5s; storage packed
firsts. 64HQ65: refrigerator firsts,
461s @4Sia.
Poultry-Alive, unsettled: fowls
general run, 21@2S; springs 81;
turkeys, So.
Pork-Nominal.
Iard-19.05.
Ribs-14.50@15.T5,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Jeweled Pipes for Women

Yet another stronghold sacred~to
men has fallen before the advance Of
modern woman-the briar pipe.
For Come time past the continent
has accepted the coming Of the pipe
for women. The new fashion has now
reached England, and pipes Of dain-
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
Omaha Live Stock.

onana, NOV. j.
Hogs - Receipts 5000; market
higher; most of advance on heavy
grades: bulk 1850 to 1915
Cattle = Receipts $685. market
higher; veals strong; stockers and
feeders active, rs cents higher.
Sheep-Receipts $4,000; market
strong; no choice lambs here; top
range lambs 12.15: yearlIngs 1000:
wethers 500; ewes 500; feeders slow
to lower: early top feeding lambs
11.25
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-01
LaMsoN,s MARKET REPORTS.
Furnished by Lamson Bros. & Co..
203 Masonic Temple; Phone 1873.

203 Masonic Temple; Phone 1893.
Chicago, Nov. 1.-Wheat was dull
but reversed it's action of Saturday
by closing higher, while other grains
lost ground. The seaboard reported
no export demand, and millers were
not bidding UP the price.
Corn-Corn was under persistent
pressure and closed at fractional
decline. Prospects for further UNI
settled and colder weather and small
Ter receipts favor the holder.
Oats-Oats were heavy, losing
ground on account of the increased
receipts and lack of demand.
Provisions-Provisio were firm,
ruling higher because deliveries on
Noyember contract were negligible
and the trade generally anticipated a
decrease in local stocks.
Chicago car lots-Wheet, 80; corn,
1856; oats, 1853.
Minneapolis car lots-wheat, 653;
corn. Is: oats, los.
Winnipeg car lots-wheat, 955;
oats, 12S.
RANGE OF PRICES.