davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17
Efforts Made to Reopen
u. S. Trade With Russia
american Russian Chamber of Commerce Wants
commercial Relations Resumed Without Recog.
milton of Bolsheviki; Soviet Bureau Takes the
Opposite View; Prepares for Action Soon

A THE statesmen Of Western Europe
and the United States are debat-
ing again the issue of lifting the bars
to trade with Russia. practical men
OF business are wondering whether q
relaxation Of the blockade will make
an appreciate difference in the course
OF the worlds commerce in the imme
date future.
The American Russian Chamber OF
Commerce. which speaks for CONNER
cial interests, who look to Russia fol
trade ultimately, favors the opening Of
free commercial intercourse between
American citizens and citizens of Rus
STA, without political recognition of the
Soviet regime. 1t takes this position
not on the assumption that there will
be promptly an influx and outflow OF
commodities on grand scale-because
it fsels that lifting of the blockade
Will deprive the Bolsheviki Of the ar
gument that hunger and deprivation
are due to the stoppage Of trade. The
chamber holds that the real blockade
In Russia arises from a breakdown OF
production in that country, and that a
raising Of the international blockade
Will reveal to the Russian people the
real cause Of their troubles.
Policy of Chamber
The policy of the chamber in regard
to the Bolshevists is set forth thus in
its own language:
The American Chamber of
Commerce, in developing an interest in
and an appreciation Of the Importance
OF Russia, calls attention to some
salient facts Of the Russian situation
which must be thoroughly considere d
and properly understood if wise de-
cisions are to be reached. In the first
place, the American Russian Chamber
of Commerce believes that the so-called
Bolshevik government in Russia is the
rule OF a tyrannic minority, which has
obtained military and political power
in Russia through the use Of force, and
that as now constituted it is contra
diction Of all the fundamental concep-
tions which underlie American liberty
and all truly democratic institutions
1t believes, therefore, that under no
circumstances should there be either
compromise or direct dealings with the
so-called Soviet government. and that
our own government should declare
itself unalterably opposed to any rec
ognltion of this autocratic minority
rule.
"The American Russian Chamber OF
Commerce is not, however, interested
in political matters except as they af-
fact American business interests. /,
realizes that it cannot in any way affect
or alter the decisions made by the Su-
preme Council in Paris. Furthermore
it appreciates the fact that as far as
possible every reasonable effort should
be made to facilitate the interchange
of Russian raw materials for our manu-.
featured articles.
Finally, it believes that from the
standpoint of international policies i,
is essential that Russia should be re-
stored to her position as free and in.
dependent national state, and it disap
, proves any policy which would either
weaken or tend to dismember Russia
Up at 10 West Fortieth Street a diff
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17
Ajax Rubber-Famous Players


mert column and have profted therefrom
!! would like some information about Ajaa
Rubber II seems to be selling cheap, com.
have some Famous Players stock and ar
thinking Of selling it and reinvesting II
good DO one s1 @E shi4 ~ i b change would be
Answer-Ajax Rubber Company has
shown considerable variation in earn
ings. 1t was incorporated December 20
1915, having acquired the Ajax rieh
Rubber Company. 1t afterward pur-
chased the Racine Rubber Company
In 1917 net income was s1,460,293; in
1918, $1,2l5,38S, and in 1919, s2,201 ,267
The company pays SIS a share per an
mum on $10,000000 capital stock, par
value $50 each. A stock of this char
acter, which is always sensitive tc
earning power, does not have the stabil-
lty that should an important consid-
Grafton in selecting investments. Fa-
nous Players is very much in the same
class. The company shows increased
earnings: AS both these issues are
speculative we would not attempt to
say which is the better stock to hold
Pierce Oil Preferred
Question--WilI you kindly give vour
opinion of Pierce Oil Company preferred
as an Investment? Is 1t safe? Why sc
low ?-W. H. G.
Answer-The earnings Of the Pierce
Oll Company appear to be ample to
care for preferred dividends. Consid.
eratlon should be given to The fact that
the production Of oil is an uncer-
tain business and preferred stocks of
companies engaged in it therefore are
as rule more speculative than those
OF IN :ustrlal concerns. For the same
reason they usually sell on a basis to
yield the investor a larger return.
Not Exactly Suitable
Question-About two years ago I bought
zen zen shares OF southern Pacific stock at
with absolutely safety, or as near thai IS
is possible Would you advise selling now
ana re'n Ssn1s.s,d in Ne bonds The
would perhaps make up for the loss below
my purchase price. If you advise thi.
please suggest bonds we'll secured bearing
GOOD interest rate, suitable for Investment
Tor a woman--Aiiss NJ. C. Cd.
MISREPRESENTATION Pacific stock is
not high grade investment issue, suit
able for one who cannot afford to
speculate. The railroad situation still
remains uncertain. If you would have
your principal we'll invested you might
consider the following bonds, all of
"nich re nigh grade: New York Cen
tral equipment per cent, Pacific Fruit
Express equipment per cent, Atchison
adjustment per cent, St. Paul general
per cent, Chesapeake & Ohio consoii-
dated per cent, Illinois Steel Az per
cent. The yield on these issues is
from over per cent to 7 per cent.
Radio Company Of America
Question: have been advised 10 buy
Radio Corporation common and should ap-
preciate your opinion on this purchase
J. F.
Answer - The Radio Corporation,
which took over the business Of the
Marconi Company of America, is said
to have very fair outlook. The use
Of wireless for commercial purposes
appears to be increasing. The stock of
Radio Company is speculative. You
shou d realize that 1t is not good In
vestment. If you can afford to specu-
ate, this eventually may prove to have
been good purchase.
Invests HEAVILY in French Franco
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17

loieht view OF the situation obtains.
me Soviet Bureau, subdivided into
trade and political departments, is bust
ly engaged getting ready for change
in Americas policy toward Russia.
Regarding the possible opening of
trade spokesman for the Soviet bureau
declare that foreigners would have to
deal with centralized buying agencies
and centralized selling agencies in Rus
sia, intimating that all business is in
control Of the central government or in
the control of the central agency Of the
cooperatlves, which are now said to be
fully recognized by the government.
IN response to Inquiries J. G. Ohsol,
Of the Commercial Department. at the
Soviet Bureau, told The Tribune: "Be
fore opening trade with the United
States the Soviet government expects
to nave assurances that funds she NAV
establish here for buying supplies will
not be attached by any one. 1t would
want Che free use of cable and postal
service, and the right to wise the pass
ports for Russian citizens. Moreover,
1T would want assurances that Russian
citizens might freely travel in this
country, especially commercial experts"
Mr.. Ohsol reiterated that the Soviet
government has s2o,ooO,Ooo in gold
which it is ready to deliver at Reval.
the only seaport to which it has access.
to establish credits in this country, and,
though being unable or unwilling to
give any statistics as to the volume of
Russia's available exportable surplus.
he asserted that Russia has available
for export furs and fax, some platinum.
timber and skins, but he admitted that
not much could be done in the way of
moving commodities to seaports until
transportation conditions became i'm
proved.
Russia Needs Machinery
He said that Russia's needs in order
of importance of commodities from the
United States are locomo olives, rolling
stock, agricultural machinery, medical
supplies, shoes and clothing, miscel-
laneous tools and machinery He said
that Russia's only foreign trade at
present was being carried on through
scandinavian ports.
Questions pertaining to methods Of
payment for foreign goods, methods
of delivery and routes Of shipments
and other practical questions pertain
ing. to the possible opening of trade
with Russia will be discussed at a
meeting which Mr.. Ohsol said G. Kras-
sin, Bolshevik Minister of Commerce
and Industry, has arranged to take
place late this month in Copenhagen.
Mr.. Ohsol asserted that representatives
OF American, British, scandinavian and
Italian business interests had been in
vlted to attend the conference.
And so it appears that the Soviet rep
resentatives are talking about diff
ferent thing when they urge the lift
ing, of the blockade on Russia than
such American bodies as the American
Russian Chamber of Commerce is. The
chamber wants a relaxation of the for
NAL bars, but no intercourse with the
Soviet government And the Soviet
representatives indicate that as long
as the present government remains in
power all trade with Russia must be
under its auspices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17
investment
Information

Questions Of general intsrest to
snyestovs will BE- answered in this
eo !,; ~ whsch case only initials
viii % USED. Others witl Do an
s~ersd oy mail. Address oil sx-
qa'r'es, snciossn0 stamped, 3D.
aresse6 enVslops, to Financial Editor.
xhe Tribune, lS4 Nassau Street. New
York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17
Reorganization Plans in Allowance

~ I niea ia, you kindly Civ. me your
iexas Railroad bonds; also of tho Bir-
mingham Southeastern Railroad Com
pany, both in recelvers hands now? I have
oonos IN each company.-L. w.
Answer-No attempt at reorganiza-
ton Of railroads will be made, in all
probability, until it is known how the
carriers will fare under the new legis-
lation. Nearly all the roads have
signed up with the government until
September 1, 1920. 1t is not likely that
any plan for reorganization of the Mis-
souri,, Kansas 4 Texas will be made
until after September l next. She first
mortgage per cent bonds will, we
think, go through undisturbed. Other
issues may be scaled down or else ex-
changed for new ones. The Birming-
ham d Southeastern Railroad is being
operated by the bondholders' commit
tee, representing about SO per cent Of
the bonds. In Going this the expenses
OF receivership have been obviated.
The road is about fifty miles long. Just
prior to the war the cotton crop in the
section through which the road runs
was infested by the boil weevil. This
affected materially the roads income.
The committee is an able one. It has
not yet formulated any plans.
Another Case of Watchful Waiting
r, Question: have some bonds OF the
there anything can do about them at the
present time "A. e. D.
Answer-As long as no plan is forth
coming for reorganization Of the
Brooklyn Rapid Transit, there is moth
ing for holders of the bonds to do but
wait patiently for developments. The
situation has been fairly we'll discount
ed, in our opinion, and it appears likely
that the bonds will show greater
strength as the situation grows more
favorable.
United Retail Candy-Eiseman Magnetic
Question--Please inform me your opinion
regarding the United Retail! Candy Stores
and E!seman Magnetic. as contemplate
buying these stocks for investment.--L. H.
Answer-United Retail Candy Stores
has issued no statement Of operations.
1t is, therefore, not possible to form or
intelligent opinion on the stock. The
company plans extensive operations, as
may be seen from recent ADVERTISE
ments announcing the opening of a
large store in New York. We regard
the stock IS too speculative for invest
ment purposes. No dividends are paid.
The Eiseman Magnetic has shown very
good earning power. The first three
months Of 1920 show net earnings, after
allowing for preferred dividends, equal
to about $50 a year on the common
stock. 1t is said that the corporation
is producing about $4,000 magnetos a
month. Orders on hand amount to
S3792,000, against s1,560,000 year ago.
The preferred stock is entitled to a
very fair rating in the light of present
earnings. The common stock is specu-
lative. We do not recommend it for
purely investment purposes, as it is
too sensitive to earning power.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17

!ueation.Wtll you kindly give mo your
up'nton or the prospect OF Missouri Kansas
y Iexas Railroad bonds; also of tho Biz
nnngha q Southeastern Railroad Com
p,any, ooth IN recelvers' hands now? I have
oonos IN each company.--L. w.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-17
Invests Heavily in French Francs

Quest!on-1 have invested $4,000 In
In this country. what would be It's effect
on foreign exchange. and French currency.
In particular? Would this French cur
ably. as result Of the panic Mrs. G. w.
Answer--In the event of a financial
panic almost anything is likely to
transpire. A panic means the losing Of
Matchmaking else. For that reason
we have not the slightest idea as to
what would happento francs, or to any
thing else, for that matter. Panics
come suddenly Do not concern your
self with such possibilities.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
MARTIN RIDES
AT IS MILES
keokuk Man Gets the Ride of His
Life in indianapolis When CASTOR
Chevrolet Steps on 1t on
Brick Racing Track.

Roy M. Martin, secretary of the
! Tri-State Racing association, here, re-
] turned yesterday from Indianapolis
/ and other points in the east, where
/ he has been looking after interests
concerning auto races to be staged at
5Galesburg, September fourth and Bur
ilmgton on Labor day. While in In
idianapo1is Saturday he had the pleas
iIre of accepting an invitation from
4 CASTOR Chevrolet, this years winner
sof the big 5e0-mile event in the speed
way there, who was testing out a new
Frontenac racing job for this years
Elgin road race, to ride around the
two and half mile brick oval. The
lap was made at a speed of ninety
five miles per hour, which Mr.. Martin
claims is going some"
While there he also met Louis Chey-
iroiet,the famous racing car designer
and builder, who has designed and
constructed more victorious racing
cars than any other person in the au-
tomotive industry.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
MRS. J. O. JONES
DIES IN KANSAS
She Was Sister of the Misses Atha
and Frances Mcbride Of This City,
and viii Be Buried To-
morrow at Montro

Mrs ]. o. Jones. sister of the Miss
es Atha and Frances Mcbride Of this
city, died Sunday in Winfield, Kansas,
from an operation. Death occurred
at three o'clock yesterday, as result
of the operation performed Saturday.
Mrs. Jones formerly lived in Keokuk.
Funeral services will be held from
Hannibal, Missouri tomorrow morning
at ten o'clock. Interment will be in
Montrose, Iowa. The body viii be
taken to Montrose on the afternoon
train. and the commital services will
be held from the train.
Mrs. Jones is survived by three
children; DR.. Harold Jones, Of Win
field, Kansas; DR.. Charles Jones of
Olathe, Kansas, and Dr. c. W. Hunt
of Hannibal. Besides the two sisters
here, there are other sisters and
brothers. Mr.. Jones died two years
ago.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
CALLS
MRS. A. DOBBS
She Passes Away at the Home of Her
Son, William, Yesterday After
noon-Was Born in
Holland.

The death of Mrs Anna Dobbs oc
Cured Sunday afternoon at FL:
O'Clock at the home Of her son, vii
liam, 912 I street She had been III
for some time.
Mrs. Dobbs has been a resident OF
Keokuk at different times for mum
Der of years and has many friends
here, who will mourn her death. She
was first and always a home wo-
man." spending the greater and best
part of her life in serving the mem
bers of her family, and it was In this
capacity that her knew her
best, She was a member-0 St.
Peters Catholic church.
Anna Smith was born in Holland,
July 8, 1856, and came to this country
when a child with her parents. In
1880 she was married to Albert Dobbs
at Reynolds, Ind, who preceded her
in death sixteen years ago. They
were the parents of six children, one
daughter of whom died in infancy.
The survivors are four sons, Oliver,
William. Henry and Joseph, and one
daughter, Matilda, an of Keokuk. and
two brothers, John and Bernard
Smith. also of this city. There are
two grandchildren. Marjorie and John
Dobbs.
Funeral services VIII be held from
the sons residence, e12 street, to-
morrow morning.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
TO OIL ROADS
OUT OF CITY
River Road Will Be Given First Coat
ing and Highway viii Be Barn.
caded in Sections, Accord
ina to Announcement

OiIing Of the river road will begin
the latter part of this week, accord
ing to Glenn Maxwell, of the board
of supervisors. 1t is expected that
the work will be commen ced In short
time. and when under way automo-
bile drivers are warned that the road
will be barrtcaded and detours Will
be necessary.
It is expected to shut OF the rosd
In sections. according to the present
plans of the supervisors.
Oiling of Main street extension
will begin soon, it is announced, also.
The oil win be put on the road
from the city limits on Main street,
out the extension, and from the city
rose.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
AUTO STOLEN
FROM PARK
n. S. Browns Car is Taken and
Police Send Out Cards in Which
Description Is Given and
Reward Offered.

An automobile belonging to II. s.
Brown was stolen Saturday night
from Rand park, and a reward of fifty
dollars for the thief. or twenty-five
dollars for return of the car has been
offered by Mr.. Brown
It was a Ford touring car. eqipped
with Standard Four tires. demounta-
BILE rims. The license number was
Iowa, 192.934, and the engine number
265o212.
Chief of Police Henneman Is send
ing out cards today to police depart
ments near by. The recovery of the
car or arrest of the thief should be
reported either to him or to the Sec
rotary Of the Anti-HUse Thief assoc
citation.
The police have notification Of the
theft of Buick from Memphis, Mo.
It carried Missouri license number
1866, with engine number 1882.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
CITY NEWS

Watch Lowitz' add and windows
Piano and player tuning and re
pairing. G. ]. Meister. Phone B-17Si
A marriage license has beer
issued to RoIley G. Glasgow and Mar
garet A. Irelan, both Of Keokuk.
Masonic - Special meeting o.
Eagle lodge No IL Tuesday afternoon
at o'clock. July 20 Second degree
An automobile backing out d
the curb on Main street between
Sixth and Seventh strets last nigh
colfided with street car.
Mr.. and Mrs A. l. Lovingfoss an
nounce the birth of son, Irl Snow
July 16. Mrs. Lovingfoss was Miss
Barna Stanton of Keokuk.
Kenneth Walker was fined 1885
in superior court this morning for
cutting corners at Sixteenth and Main
streets. Walker drives delivery
truck
Fines were collected in superior
court this morning from A. J. Win
tiers and ]. A. Hart. Winters was
charged with driving with no plates
and Hart for driving with one plate.
If you are in the market for a
new truck, investigate the Republic.
If your truck is too light for your
hauling. see the Republic We can
handle a few used trucks. Weber
Bros, dealers, Warsaw, III. Phone
III.
Watch Lowitz' add and windows.
Mrs. SeTby Johnson has returned
from ST. Louis where she attended
the Poro picnic given for the en-
ployes, Keokuk and Quincy agents of
the company, beside many friends
rom various points in the United
States. No pains were spared for
of the VISITORS, and it
IS estimated that the picnic cost will
De $4,000. Everything even to trans
oortation was free to the guests. Mrs.
Lettie N. Payne and Mrs. Frank
Irigsby were other guests present
rom Keokulc.
s. L. Stone of Quincy, was ar
.ested by the local police and taken
before Judge Mcnamara in the
superior court this morning, to answer
o a charge of disturbing the peace OF
Mrs. Roberts. Stone told the judge
lie didn't know the complainant and
entered a plea of not guilty. His bond
vas fixed at 500 and he went to
he police station. On the way down
lucas avenue he changed his mind
ind pleaded guilty, drawing fine
If $500.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
!keokuk People Seem Unconcerned In
the Presence Of SO Much Wealth
on Main Street sstur-
day.
TT WAS IN PLAIN VIEW
Scattered Over Five Blocks Of the
Business Section OF Main Street
Were Automobiles
Galore.

A half million dollars was scattered
over Keokuk streets Saturday in four
i of the business blocks on Main street
People passed by the places where
the money was, with all the uncon.
Germ in the world
Some of it glittered like shiny gold
pieces in the electric lights, some of
1t was soiled like badly worn dollar
bill. But like money in all condi-
tons of preservation, the money was
there scattered over the streets.
If you don't believe it, just figure
it up for yourselves.
Count the automobiles in any one
block between Third and Eighth
street on Saturday night, and you'll
find that there are on the average,
twenty-five cars to block on each
side of the street. This makes fifty
cars in the average crowded block
The cars range all the way from
flivers, second hand, to big shiny ones
of the most expensive make Taking
an average to be $4,000 per car,
there's 100000 in each block, and in
five blocks half million of dollars in
automobiles
If any one has any doubts about the
prosperity of Keoluk and this trade
section, he should take peep at
Main street on any Saturday after.
noon or evening. About four o'clock
in the afternoon automobiles are
parked close together all along the
street In the evening it's the same
story Keokuk and this trade terri
tory is rich, and there's cool half
million in the street any Saturday af
ternoon or night.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-19
Prominent keokuk Woman Passed
Away This Morning at Graham
Il Hospital After Long
| Illness.
WAS BORN IN KEoKUK
She Was Principal Of Terrence School
and Member Of the keokuk
Chapter D. a.

This morning at 4:40 O'Clock at
Graham hospital, occurred the death
OF Mrs Clara Perdew Sheldon, of
1872 Fulton street. Mrs. Sheldon g
death followed an Illness of several
I weeks duration, in which she suffered
patiently, and from which her friends
hoped that she would rally as she had
Il earlier in the spring. In her death
keokuk loses one of its prominent
women and the Keokuk schools lose
one of their most faithful and efficient
employees.
Mrs. Sheldon was born and educated
1 in Keokuk and lived her entire life
here To those who were given the
privilege of knowing her, Mrs Sheldon
( vas a real friend, one who was Of
4 Atrong upright character, and one who
performed many thoughtful little acts
LOT kindness for those friends nearest
10 her. She had strength of char
acter that one could not help but ad-
mire and respect.
Mrs. Sheldon was born in Keokuk
June IL, 1861, the daughter of John
and Marian Perdew. She has lived
all of her life in Keokuk, and was
educated in the Keokuk public school
and graduated from the Keokuk high
school. She was member of the
! Trinity Methodist church, of the Keo-
5kuk Country club and of Keokuk
Chapter. Daughters of the American
Revolution. She served with the
1 Daughters for a year or more in Off
fcial capacity as vice regent, She
ihas been for years principal of the
florence school,
She is survived by one son, George
Allyn Sheldon, and by one brother,
John Perdew, and one sister, Mrs. Liz
szie Perdew.
One son, John Perdew Sheldon, gave
his life for his country in the world
war. He died on board ship while on
his way to France, and his body was
brought back to Keokuk and buried
here.
The funeral services win be held
Wednesday morning at ten O'Clock
from the residence