davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-01-11
The Dollar in Foreign Exchange

Led by decrease of cents in the
value of pound sterling in terms Of
the dollar, rates on the capitals Of the
former belligerent nations Of Europe
moved in favor of New York again last
week. No indication that a limit in
the depreciation of the foreign curren-
cies is in sight was apparent.
Investment bankers, still somewhat
hopeful that the situation can be
helped by the sale Of foreign securi-
ties in this country, will to- M orrow an
nounce tho terms of loan of $26,000,-
900 to Belgium. The money. it is ex-
pected, will be raised through the sale
of notes. The success Of the issue will
be gauge of the appetite of American
investors for foreign securities, and if
| the success is marked, issues Of other
European countries which are pressing
hard for financial aid will be foated
In discussing the outlook for Europe
in 1920. bankers emphasize the urgency
of devising eXpedients for financing
! her purchases. The methods of 1919
cannot be repeated, for Of the $4,000
100000 balance against Europe $1,750,-
100000 was provided for out of Treas
ury advances out of the $4,000, 600 900
fund. which is now practically ex-
hausted; another $3.50, 100000 through
security issues and the other $1,000
100000 through special credit arrange
ments between buyer and seller. The
last enumerated device was admittedly
only stop-gap arrangement until
more permanent plan was worked out.
The international Harvester Cor
poration, which has been extending
fairly long time credits on the ! o US
of European purchasers, recognizes
that it cannot keep up this policy in
definitely. and it's officers are anxious
for comprehensive financing pro
gram.
If you calculate the cost of the dollar
in terms OF foreign money ut current
exchange value. that is. if you were
buying dollars with pounds, marks or
francs, it's value at the close of last
week. as compared with year ago,
follows:
New-York tribune., 1920-01-11
Few Failures in 1919
Liabilities Of Insolvent Concern,
Smallest Since 1905

The death rate of commercial and in
dustrial enterprises in the United
States IN 1919 was the lowest on rec
ORD In absolute figures the martalities
We're the lowest since 1881, despite the
TACT that the total number of estab
ishments has more than doubled
In 1919 there were only 6,451 failures
out of l,110,909 business concerns
making the percentage of failures rs.
Moreover, the total liabilities of the
lnsoivent concerns were the smallest
since 1905.
THE betterment disclosed by the 1919
insolvency exhibit" says "Duns Re-
view.' in commenting on this situation
AS. was the case with the record of tho
Immediately preceding year, extends to
manufacturing, trading and other com
mcrcial occupations. with trading
branches again making relatively the
best showing. That the further rcduc-
tion OF the business mortality last year
was widespread in IT'S scope is demon
sstrated by the fact that failures were
less numerous than in 1918 in all Of
the eight geographical divisions into
which the statement is separated. with
smaller liabilities in every instance"
New-York tribune., 1920-01-11
Financial Items

Henry Saylor has been elected president
Of the Citizens Savings Bank. succeeding
tho lata Henry Hascr. Edwin A I.ahm
was appointed assistant secretary.
Corporation Vrus' Company has been ap-
pointed transfer agent and registrar of the
stock Of the Steiner on Corporation.
RUSSELL Brt,inghani. vice president Of
The Eq BILE SAT Deposit Company OF Now
York. has been elected president OF tho
New York State Safe Deposit Associa-
ton. and Samuel r. Martin and Walter
). Barrows vice presidents. Walter G.
Rcid and l.. v Ennis wcre elected MEM
herH of the executive committee.
Tho American fsusiness Corporation has
Just acquired the exclusive rights to the
product OF the Frank A. Steel Company
soap manufacturers
Columbia Trust Company announces that
~ mas received deposit of funds to pay
interest at the rate Of per cent per an
mum on the past du~ coupons OF the
Atlanta. birmingham Atlantic p.r
cent income bonds. These coupons number
., and 7. which wore duo september J.
lsls, March ], 1873, and September
1918, respcrtivey. viii he paid at the raj.
or $26 each and after Tomorrow
when accompanied BY appropriate in
come lax certthcates Funds have here
toIor~ heen unAvailabl DUE to the delay In
executing the cofnpcnratl Ion contract with
n" railroad mrta'raiion,
New-York tribune., 1920-01-11
A Chicago Bankers Idea

+. d: Hubert, president of the Mer-
chants Loan and Trust Company Of
Chicago. estimates roughly that the
floating indebtedness of Europe to this
country is 100000 5000, owed mostly
by England. France and Italy 81 be-
lieve.' says Mr.. Hubert, IF this debt
could be funded for reasonable time
current transactions could be put upon
normal footing. AS suggestion !
offer the following: Let this floating
debt be converted into credits in Euro
pean banks. Then let the European
banks issue certificates of deposit. pay
able in gold. say, Ave years after date.
with 6 per cent interest. payable semi
annually; such certificates to be guar
anteed by the respective governments.
and ultimate payment to be guaranteed
by this government also. This transac-
ton would not be especially difficult, as
a considerable part of this indebtedness
is in tn form of European bank credits
now. The interest would not be bur
den to the banks. Is it would be paid
by the borrower"
New-York tribune., 1920-01-11
Graveyards and Oil

A successful oil operator in the
Southwest, who hade his pile and quit,
used to always give his lease men the
following instructions: Lease all the
land you can around graveyards.
churches and school houses. but keep
away from saw mills" These state
ments, says an oil trade publication,
sound rather foolish, but when one
takes the pains to analyze them there
is some excellent scientific reasons for
wanting to keep away from saw mills
and hug up to graveyards. 1t has long
been proverbial among oil men that
leases around graveyards and churches
are lucky. The reason for this is that
when country was new and the set
tiers were moving in. before any drain
age had been established. they sought
out the high places for the burial of
their dead. for ther churches and
school houses. For the opposite reason
they selected low places, usually at the
forks of streams. for saw mills. In
hunting the high places for their
churches and graveyards the were do
ing what the geologists are doing now
locating anti -clines-a formation in
which oil is usually found. There are
graveyards in the Southwest that are
worth hundreds of thousands of dollars.
New-York tribune., 1920-01-11

cline of 13.S56.145 in the amount Of
bills bought in the open market Bor-
rowings on commercial paper, however.
increased in the two weeks period from
$239, ,001 900 to $237,l30,322, rejecting
the increased activity in business.
The weekly statement Of the New
York Clearing House Association
showed reserves to be S2.9l2,68O below
legal requirements compared with a
surplus at the close of the week ended
January 3 of $54,479,000. Loans and
discounts totaled $5,S5l 10Y 900, q de-
rrease oost 1a szloss1e 77F Se1 eoo demand de-
$4,000. Government Withdrawals dur
ing the week were reflected in net
decrease Of over s9,00O,000 in United
States deposits.
New-York tribune., 1920-01-11
Empty of Investment Funds
A Standard Oil Melon?

On the fiftieth anniversary of the
Standard Oil Company of New Jersey.
celebrated yesterday. the stock of the
New Jersey corporation advanced %
points to 776. The rise in the stock
was accompanied by uncontirmed re-
ports that capital adjustment is i'm
pending which will either involve a
100 per cen stock dividend or splitting
up of the present stock. Several other
of the Standard Oil group are in a po
sition to declare liberal stock dividends
and will likely do so in the event that
the Supreme Court hands down ia
vorable decision in the case now be-
fore it,
New-York tribune., 1920-01-11
N7ater-Frsnt Properties
w Factories and Factory Site
Floyd S. Csrbi., Specialist
JsA. S141-Ass&sr. 10 Wall H.. NJ v.xl
Chicago Federal Reserve Bank
Increases Its Discount Rate

CHICAGO, Jan. lo.--The Chicago
Federal Rsssrvs Bank to-day an
rounosd an increase in its discount
rata on Tsessury esYtihcstets of in
dsbtsAnsss fysm ~ to ~ percent.
Advsncss sn commercial paper, with
, visv q dise>srsgiag borrowers who
1Sseolsts Ia ssmmeditiss, land, cotton
end oil, soon will b begun. it was un-
Asystssa, aIthsush stssx marxst Dor
se~lnSs we're considered to have been
fsasessbIy reduced.
Ihs Nsssfve beard announced it ex-
Ysets te pot Hsssrvs bsnts ina post
fisn vhers charges for Borrowing
raeasy of them viii bs higher than ths
tolEk commercial rate, 10 that Rsssrve
ssnks wsniS bA appealed to only in
New-York tribune., 1920-01-11
Getting Conservative

Stock market gossip sent out over
the weekend sounds conservative
note Brokers frankly admit their in
ability to take a positive stand with
regard to probable course of prices
IN the new week. Many firms advise
prof taking an bulges Others can
see little hope in the market until next
month; The fond hopes of many folks
that the turn o fthe new year would
be a steadily rising market have NOT
materialized. But there is confidence
taht before spring a real bull market
viii develop. Then. old timers saw. it
will be we'll to look out as distribu-
ton IS likely TO be active in MANY Of
the speculative leaders.
New-York tribune., 1920-01-11
Steel Tonnage

An increase of 1,137 OBS tons in un-
filled orders on the books of the Steel
Corporation during December. as dis
closed in the statement issued yester-
day. was far above anything that the
Street had looked for. Expert opinion
predicted an increase of 100000 to
750, 1000 tons at the most. The figures
indicate that all the reports of large
thrush of business in December. held
up during the strike months, were true.
Untitled orders on hand of the corpo-
ration at the end of 1919 totaled
1895, 1865 tons, the largest amount since
October. 1918. The low level of un-
filled tonnage since the armistice was
signed was reached in May last year.
when the total stood at S2S2,310 tons.
New-York tribune., 1920-01-11
Real Estate Bureau for
United Waist League

Elimination of proii,sering IN 'sss, s..,.
and checking Of steadily rs'ne 81
in the manufacturing loft sec,'O"
the city are among the objects OF - IN,
estate bureau to he established p' prl-
United Waist League Of Ameriess; .,sil.
letins on vacant lofts and othe' .. I'LL
of interest to waist manufacturers
be issued periodically II IA in.er r,n
to engage a practical real ests'e
to act as chief of the new bureso'
New-York tribune., 1920-01-11
Ice Fight OF

Harmony again prevails in American
Ice Company affairs. The fight for con.
troll, which was expected to come to a
showdown at the annual meeting on
Tuesday next, is off. The committee Of
stockholders which recently went out
after proxies on the ground that thew
should have greater representation on
the board has gracefully withdrawn.
lhe withdrawal follows the declaration
of an initial dividend on American Ice
common at an annual rate of d ner
cent
New-York tribune., 1920-01-11
French Market Opened
TO New Italian Loan

PARIS, Jan. l0.-The French 60
ernment. wishing to show It's syn'ps.m
with Italy, has opened the French M, :,
ket to the loan now being issue. .:o1s ~
the Italian government. Subse.ip'.vrr Nv.
received in this country VIII De ~
tralized and ear-marked for the P''
ment of Italian expenses in frsno''
New-York tribune., 1920-01-11
Paris Ro,lrsc Quiet

PARIS. Jan. l0--Trading ws .sr.
on the Rourse to-day. Three re',Se-
rcntes. IS francs. Exchange on Is rsrt
IL francs 81 ccntimcs Five pei sollsr
loan. SIS francs IS crntimcs 'he r.s.
was quoted at II francs IL ce"'''
New-York tribune., 1920-01-11
London Money Market

LONDON, Jan. Money. 81 =,
cent. Discount rates--Short p'.I' rer
per cent Three months bills -. 40
cent. Golr premiums at Lisbon Nv
New-York tribune., 1920-01-11

Thomas w. Strecter Vice president nr
me American International Corporation
mas been elected director and mAmher
of the executive co,rmittr. OF the Sim~.
Petroleum Company
New-York tribune., 1920-01-11
Ii, Wall Street
A Bear Who is a Bear

There are many bears in the Street.
One house lays claim, however. to hav-
ing the biggest bear of all. This
trader. who has a pretty good sized ac-
count, is so bearish that the firm has to
restrain him from going short Of the
whole list. He is bearish because he
can see no hope for Europe.
Empty of Investment Funds
"Loanable funds" remarks a stock
exchange house "have run short be-
cause we are borrowing more than we
are saving. This attempt to substitute
borrowing for thrift is not working
we'll. and the market seems to be feel
ing the effects of it. A popularity Of
the January reinvestment demand in
the past has been that it occurs
promptly in the early part of the
month or not at all. We think. then,
taht every dav by which the public
DELAYS its habitual January buying Of
stocks and bonds is an added sugges-
ton taht perhaps after al! the public
wallet is already filled UP with new
securities, and empty of investment
funds
Bisbee daily review., 1920-11-27
PHoSE The Review Want AdS--ReSult GetterS F4aSi S
STOCKS and BONDS
STOCK MARKET

NEW YORK. Nov. 26.-Trading on the stock exchange today presented no material allocation in its salient aspects from previous sessions of the week, price movements being extre- meIy irregular when not actually heavy.
 Apart from the relaxed tone Of the money market which extended to bankers acceptances and commercial paper, developments and advices oV- CT the holiday recess were again of character to inspire extreme eau tion.
 Grain quotations suffered another sensational decline, other commodity markets were nervous and one of the most influential of the independent steel manufacturers adopted lower prices due to the law of supply and demand"
 Exchange on London was firmer, the improvement coinciding with bet terment of the credit of the Bank of England in its liabilities. Reserves and rate to most other foreign cent CTS, Greece again excepted, were higher.
 Shippings. oils. steels and coppers were the most vulnerable issues, their reactions of one to five points keeping pace with reduced business, lower prices and reduction of output, especially in the metal industry Ru- nor also associated some of today's selling with the closing out of former bull pools.
 CTucible Steel, Atlantic Gulf and Mexican Petroleum reflected constant pressure with International Paper, Virginia-Carolina Chemical and sever- al of the cheaper rails. Neutralizing features were restricted to several of the investment rails, notably coalers. also American Woolen and sundry specialties.
 Sales amounted to 735.00O shares.
 Call loans for the day and into the coming week held at the one rate of six per cent and an enlarged volume of business in acceptances and mer- cantile loans was reported at the low CT quotations.
 Although the new issue of Canad- ian Northern bonds was quickly talk en, the general bond market was dull and heavy, especially for Liberty is sues, the second 4A's losing one point and the fourth 4A's a large fraction. Total sales (par value) $15, ,275 900. II
 Old United States bonds unchangr ed on call.
Bisbee daily review., 1920-11-27
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS OF FL PASO 6
 SOUTHWESTERN RAILROAD co.

Notice is hereby given that special meeting of stockholders of Fl Paso & Southwestern RailroaG Company will be held at the principal office of the Com pany in Bisbee, Cochise County. Arizona, on Monday, the 20th day of December, 1920. at two o'clock D. m. for the purpose of electing Directors to serve until the next annual meeting of stockholders, or until their successors are elected and qualified. and also for the purpose of considering and acting upon a resolution to approve all of the acts of the officers and directors of said company since the last annual stockholders meeting.
 This meeting is called by stockholders of record of said Fl Paso & Southwestern Railroad Company who own more than third of the issued ana outstanding capital stock thereof, said call duly sign ed by said stockholders being on file in my office.
 GEORGE HOFFMAN, Secretary of Fl Paso x Southwestern
 Railroad Company.
Bisbee daily review., 1920-11-27
NOTICE OF HEARING PETITION FOR
 PROBATE or WILL

In the Superior Court of the State of Arizona, in and for the County of Cochse.
 In the Matter of the Estate Of HENRY T. MAIrRIN. Deceased.
 Notice is hereby given that Bruce Per ley has filed in this Court a document purportinG to be the last Will and Testa- ment Of Henry J. Alaurin, deceased. to- Sether with petition praying that same be admitted to probate and that Letters of Administration with the Will Annex cd--thereOn be issued to the said Bruce PCrley and that Saturday. the eleventh Qlth) daN of December 1920. at the hour of 10:O0 o'clock q. m.. at the court room of said Court in the City ot Tomb stone, Cochise County, has been appoint cd as the date of hearing herein and all persons interested are hereby notified to then and there appear and show cause, it any they may have. why said document should not be admitted to probate and such letters issue thereon. as aforesaid. Dated this 22nd day of November. 1920.
 J. l.. JAMES. Clerk.
 By JOS. X. INEY.
 Deputy Clerk.
Bisbee daily review., 1920-11-27
WANTED-AGENTS AND
 SALESMEh

WANTED-Women to represent the
 Nu-Bone corset The only woven
 wire stay; instruction tree. No cost ly outfit to buy Corsetieres earn ing $10O to $200 per month Write Nu-Bone. S2O w 7th St, Los Ange- les. 743S-11.27
Bisbee daily review., 1920-11-27
FORFEITURE NOTICE

TO: CHARLES s. NANSUR, his heirs. administrators and TO WHOM IT MAY CONCERN:
 You are hereby notified that the tn- ders;gned has expended the sum of One Hundred (Sl00.00) Dollars in labor and improvements for each of the following years, to-wit: 1905 1906, 1907, 1908. 1919. 1910. 1911, 1912, 1913, 191i 1915. 1916. t9ll. 1918 and 1919, upon each of the fol- lowing named claims. to-wit:
 MANILA, Amended Location Notice re- corded in Book 26. Record of Mines, page 334.
 Penopscott, Amended Location Notice recorded in Book 26, Record of Mines, page 333.
 Center, Amended Location Notice re- corded in Book 26, Record of Mines, page 32S.
 All in the office of the County Recorder of Cochise County, Arizona
 The said claims and all of them being situate in the Warren Mining District. Cochise County, Arizona.
 Said labor and Improvements being done and made in order to hold the said claims and each of them under the pro- Statutes of the United States and amend ments thereto; the sum of One Hun dred (S100.00) Dollars being the amount required to hold each of said lode claims for each of the years above stated. If. within ninety (90) days from the service of this Notice or within ninety (90) days after the publication thereof, you fail or refuse ot contribute your proportion of such expenditures, as a co-owner, which amounts to Seven Hundred and Fifty (S75O.OO) Dollars for each of the above named claims, your interest in the claim, or claims. for which you fail to contribute your proportion. come the property of the subscriber, your will, by the terms of said Statute, be- co-owner. who has made the required 
 SOLOMON SPRINGS COPPER
 COMPANY. ta-
 By JAMES E. RILEY.
 Attorney in Fact.
Bisbee daily review., 1920-11-27
FOR SALE

4-room modern house, sleeping porches. Al condition; two s room houses; two Broom houses furnished, S2OO0 will handle this property. Income S125 monthly Roberts avenue.
 Broom modern house furnished. Gar age. large lot. q bargain at $160C. Part cash. Warren.
 S-room block house. lots. Clawson Hill. Make offer, must be sold. Broom house front and back porchl screened. Garage and woodshed, chicken house, fruit trees. three lots all fenced. WinwOcd, $750, cash balance easy.
 broom modern house large sleeping porches hot and cold water $500, balance terms. Quarry canyon. 4-room house lot 4x149. Garage. Camp bell street, Warren.
 4-room house partly furnished S250, cash balance suit. Opera Drive. NJ c. High Allen Block. 7302-11-11 If
Bisbee daily review., 1920-11-27
FOR SALE
SOR 'IE-REAL ESTATE

FOR SALE-6 room cement house, modern, near Vista Park, small cash payment, balance like rent. z room frame house Hazard street, partly furnished, $500.00 cash, bal ance like rent. room house near Lincoln school $6S0.00 balance less than rent.
 We want to list 20 good houses for sale before January first, 1920, make prices right and we will find buy CTS.
 Insurance, New York Equitable, Life Fire, Accident, Health, AutomoDne,. Employers Liability. S600.0e0, 100000 Assets.
 If you have good house for rent list it with us, we have from 20 to 50 calls more than we can fill. Phone 26, 51 Main St. LITE.
 740S-11-19 If
Bisbee daily review., 1920-11-27

NOTICE Is hereby given that Josephine Forrest. care Allen k. Englisl. Bisbee, Arizona, one of the heirs and IT the heirs of Andrea Forrest, who, on .cebru- ary 19, 1917. made Homestead Entry, No. 031720 for SW IA NV 1-4 and NV A SW 1-4, Section s, Township 23 &, Range p E., G. x s. +. B. SS Meridian, has filed notice of intention to make Three-year Proof to establish claim to the land above described. before James Allison, U. s. Commissioner, at Bisbee. Arizona, on the 9th day of December, 1920.
 Claimant names as witnesses:
 G. A. Hardt, of Warren, Arizona. l.. J. Morin, of Warren. Arizona. A. l.. Lutcavich, of Lowell, Arizona J. R. Hack. of AIcNeal. Arizona. CIAS. E. MARSHALL
 Register.
Bisbee daily review., 1920-11-27
WANTED
WANTED-SITUATICNs
WOOL MARKET

BOSTON, Nov. 26.-The Commerc- ial Bulletin of Boston tomorrow wIll say Ot the, wool market:
 The demand for wool has Contin ued within narrow limits during the week. Some fine and fine. mediup original has territory wools havc been sold at 70 to 90 cents, accord ing to staple. to various mills. There is d stronger belief that prices are nearing the bottom rapidly.
 "The foreign markets are generally slow. The goods market is still tD. settled but some sales of surplus cloths are being made to bettc- Hd
Bisbee daily review., 1920-11-27

Allison. |. & Commissioner. at Bsbee Arizona, on the 3Oth day of December. 1920.
 Claimant names as witnesses: Alex LorinaS, Mrs. Alex LorinaS Thomas Anguis. Nlrs. Thomas AnEuis. all of Bishcc. Arizona.
 CHAS. l.. MARSHALL.
 Register. First Pub. ll-27-2O Last Pub. 2o
Bisbee daily review., 1920-11-27

NOTICE is hereby given that William HcNn. of Bsbec Arizona. who. on j-29- l6 & l0-lH-20, made Homestead EniIr- Nos n29Ol i-n22i91. for F. t-3 NV IT Sec ton :5. SW 1-l. W I-2 SE t-i. NV If Section. 3i. W.1-2 NE l-i. " 1-s NV l. -i Section 2l Township 32S. Range 2S-E., C. &\S. R INA Meridian. has filed nos tiCo of intention to mako Three Year Proof. to establish claim to the land above described. before James Allison, L. $. Commissioner, at Bisbee Arizona on the 30th day of December 1920. Claimant names as witnesses
 William H. Crane, Frank c. Crane Emil Nickolasky, Lara Knipp. all of Bis bee, Arizona.
 CHAS. r MARSHALL
 Register. First Pub. 11-27-20, Last Pub. 13-3C-2U.
Bisbee daily review., 1920-11-27

NOTICE is hereby given that Lazar Martinovich. of Bisbee. Arizona, who, on November 2l, 1917 made Homestead En- try. No. 027037. for Sw t-i SEE i-t Sec
 26. " 1-2 | t-2. F t-2 Sw i-4 S1V i-4 SW ii. Section 8. Township 22-S., Range 23-E.. C. 6 :. E. F. X Meridian. has tiled notice ef intention to make Throc-N'lr Proof 10 establish claim tu the land above described before James
Bisbee daily review., 1920-11-27
Legal Notices
NOTICE FOR IMPLICATION (Publisher)
 031720

Department of the Interior, | S. LAND OFFICE at Phoenix, Arizona,
 October 30, 1920.
Bisbee daily review., 1920-11-27

NEW YORK. 2ov "f.-Lead dull. Spot unchanged. Zinc easy; spot East St. Louis delivery 5.75@5.S5. American bar silver unchanged for eign .751a Copper weak 14614h.
Bisbee daily review., 1920-11-27
LIBERTY BONDS

NEW YORK, Nov 26.-Liberty bonds closed dull at 31a's S92.2O; first As SS6.60; second As $86.20; first 4A's s86.90; second 4A's SS616; third 4A's $SS.S0; fourth 4A's $S6.56; Victory 3A's $96.00; Victory 4A's $96.O2
Bisbee daily review., 1920-11-27
NOTICE FOR PUBLICATION GubliSher)
 0290ii-032l9i
Department of the Interior

T.. $. LAND OFFICE at Phoenix. Arizona.
 November Is. 1920.