davidaulloa/AmericanStories huggingface dataset:
The Glenwood post. (Glenwood Springs, Colo.) 1897-current, 1920-04-24

A marriage license was issued at the
county clerks office last Saturday
to Roy D. Pattison of Carbonate and
Miss Helen Simmilion of Sunlight.
~
At the Methodist parsonage Tuesday
evening at 1880 Elmer Edwin Erb and
Miss Matte Landsdown, both Of Rifle
were united in marriage, Rev. VIM.
Popped officiating. After a few days
spent in Glenwood the couple return
ed to Rife, where they will make their
home.
The Glcnwood Reading club held q
very interesting meeting Monday night
ut the home of Mrs. Amelia Dewey on
pitkin avenue. The subject of "ChiId
Welfare' was discussed and an ex-
cellent paper on this subject was Civ
en- by Mrs. J. P. Riddle. Mrs. Dewey
assisted by Miss Anna Hooley served
delicious refreshments to the guests.
40
II. O. wilkins of Fort Morgan, Colo.
returned to ris home Wednesday after
a weeks visit in Glenwood at the !.
G. Campbell home. He was accompan-
led by James Campbell Jr., who will
make short visit at the wilkins
home.
The Glenwood post. (Glenwood Springs, Colo.) 1897-current, 1920-04-24

Miss Susan He,wi1!e and Miss Ieons
He'-, CINE up from Grant Valley this
week for an indefinite stay in Glen
wood.
The Glenwood post. (Glenwood Springs, Colo.) 1897-current, 1920-04-24

Grover Holmes Of Carbonate was e
Glenwood visitor Thursday.
Word was received in Glenwood this
week of the. birth of n son to Mrs.
Guy f. Hobson of Trinidad, Colo. Mrs.
Hobson will be pleasantly remember
ed by Glenwoodites as Miss Bessie
Thomas, eldest daughter of Mr.. and
Mrs. J. p. Thomas, for many years
residents Of Glcnwood.
New-York tribune., 1920-02-13
Britain's Aid for Starving
Europe Awaits u. S. Plan

LONDON, Feb. 12.-Replying to a
question relative to what steps the
government proposed to take for the
relief of Central Europe, Austen Cham
berlin, Chancellor of the Exchequer,
said in the House Of Commons to-day
that final arrangements could not be
made until the American Congress had
granted the necessary powers.
The Relief Administration and the
British government would have pre-
ferred to prepare comprehensive plan,
with Allied and neutral cooperation,
Mr.. Chamberlain stated, but in view
of the urgency of the need and despite
the financial situation in the United
Kingdom the British government had
informed the United S.a..s that in
addition to the 12,50O,oOO (nominally
s62, ,50O,O00) voted for the current tinan-
cial year, it was prepared to contribute
further sum, not exceeding half the
sum contributed by the United States,
and not exceeding 910,000,000 ($5O,000,-
000) in all.
Mr.. Chamberlin said the British share
would be applicable for the provision
New-York tribune., 1920-02-13
4 Billion Sent
To Aid Europe.
Says Houston
Estimates Value of Army
Supplies, Food Relief
and Loans Since the
Armistice at That Figure
Predicts Bright Future
Secretary Believes Money
Problems Soon Will Be
Settled Satisfactorily

WASHINGTON, Feb. 12-Confidence
that Europe's monetary problems would
be settled satisfactorily was expressed
to-day by Secretary Houston in re-
view of the international financial
situation.
This country is constantly furnishing
Europe capital with which to recon
struct the economic life of nations
there, said Mr.. Houston, explaining
that advances are being made in the
same way that Europe aided this coun-
try in time of depression in the past,
not by government loans SO much as by
indirect methods, such as private loans,
sale of surplus army equipment and
the absorption of high grade invest
ment securities offered in markets here
by European holders. The Secretary
estimated that Europe had received ap-
proximately $4,O00,000,o0O in surplus
army supplies, food relief and private
loans from this country since the
armistice was signed.
The position of the United States
Treasury was said by the Secretary to
be strong, and on Monday the last
issue of "loan" certificates of indebted
ness, about $60,000,OO0, will be re-
deemed, leaving no outstanding floating
loan in the sense of short term ccrtif-4
Gates requiring to be refunded at ma
turty. Tax certificates outstanding
amount to $2,935, 500, all of which
will be paid by Forthcoming income
and profits taxes, he said.
Altogether, Secretary Houston de-
clined to agree with the pessimistic
view of some public men who forecast
a financial crash, and asserted that.
while there were many difficulties still
to be overcome, there was nothing in
the situation to be regarded as ex-
tremely grave.
"The position of the Treasury to-day"
he added, land the future of the mar
ket for the outstanding issues Of Lib
erty bonds and victory notes is bright.
The whole color of the picture would,
OF course, be changed if Congress
should embark upon new expenditures
on large scale. The whole problem
is that of giving the people time and
will to save capital sufficient to enable
them to absorb that part of the war
issues which is still owned or loaned
upon by the banks and as we'll the flood
of securities which are being pressed
upon our markets from foreign sources
in consequence of the extreme de-
preston in European exchanges"
New-York tribune., 1920-02-13
Belgian and Japanese Bonds

Question--Would like your opinion as to
an investment in Belgium government bonds
per cents. 1325. and Japanese government
AZ per cents. 1926 When is interest paid
and which of these do you consider safe !?
H. ;.
Answer-Both the Belgian and the
Japanese bonds appear to be safe. Of
course, the former nation is emerging
from a war, having suffered greatly.
Nevertheless, it is said that she is re-
coving more rapidly than any of the
other nations on the European conti-
nent. Japan. on the other hand, bene
fitted to large extent by the war. We
know of no reason why their bonds
are not safe. The interest on the Bel
gian bonds is payable January 1 and
July l.; the Japanese ass January 10
and July 10.
New-York tribune., 1920-02-13
Mitchell Expects
Rapid Recovery if
Depression Comes
President of National City
Company Sees in Enor-
nous Building Deficit
Cushion to Prevent Smash

Charles *. Mitchell, president of the
National City Company, is financial
leader who believes that if the country
is facing a period of industrial dcpres-
sion the principal backlog for a rapid
recovery will be found in the ENORMOUS
building deficit of the country. He
estimates that at the present limited
purchasing value of the American dol
lar it would require the expenditure Of
NOR. than $4,000 100000 to make up
the building deficit that had accumu-
Building activity in the United
States before the war;" Mr.. Mitchell
states, "was running at the rate of ST.
000,O00,000 year. In 1917 it was cut
to 00,000,000 and in 1918 it dropped
TO S500,O00. In other words, we were
$1,5oo,0 900 behind at the end of 1918
ard the deficit had reached $5,0OO,00O,-
600 by the end of 1919"
The lack of housing facilities all over
the country, Mr.. Mitchell believes, will
form one of the cushions that may pre-
vent smash in business. Another In
his opinion will be found in the great
needs of the railroads for equipment.
Expenditures for needed improve
ments and maintenance work in the
opinion of the head of the National
City Company easily could run up to
between $l,5oo,0oo,oOo and $2,O0o,OoO,-
100000. But he thinks that under the
provisions of the railroad bill now be-
fore Congress the only medium for
railroad financing will be through the
issuance of bonds or notes. The 51a
per cent guaranty clause, in Mr.. Mitch
ell's opinion, will make it impossible
to sell stock even by the stronger
roads.
In addition to the new hnancinr
physical condition Mr.. Mitchell esti-
mates that maturities to be met this
year will reach total of $4,000, 900.
while in 1921 they will be over $500
100000, owing chiefly to a 5000. .o00,-
600 maturity of the Chicago, Burling-
/ ton & Quincy.
New-York tribune., 1920-02-13
Buyers Arrived
Continued from page fifteen

LEDO-Friediander, Nathanson & Co.;
- j. Fredlander, jewelryi Pennsylvania
TRpf, n. .Y.~-Eudson Clothing Shop: II,
H'unsherg. Ben Goldstein. clothes;
TROY. N. Y-A. Vigor. dry goods; Her
aid Square
WARREN. Pa-E. l.. Stein. dry rood.
and women's wear; Bresljn.
w ii n G r O n Konert $. Inc: l. F..
Block, women's ready TO wear; 1851
Broadway. room sos
WASH1NGTON-W Whites Store. Inc: J.
Block, women's misses ready to wear,
furs, waists and petticoats: llsl Broad
way. 5th floor.
WASHINGTON - Palais Royal: p 1-
.herm. furnishing goods; :2o Fifth
WASHINGTON -zarin Co. n. Zarin. piece
goods; Broadway Central
ASH iNGfON-~H Rosenberg. notions and
w. gems. .rs,ts a. !, msrehandse Herald Square,
"AfERBuEY ~ y Conn---Reid s Hughes d.
rugs. linoleums: 404 Fourth Avenue 'S'
WAuKEGAN. Ill.--Alex Helm Co; A. Helm.
WAYNEsBoRo. va.-~White Bros; j T..
x, White, general mdse.: Breslln
WliknS. BARRIE. Pa.--Wilkes- Barre u. G.,
T@ensVs;t, m'ss n Z s,, Murray cofssts SO Eas.
WORcEsTER Mass.--N. Rome, dry goods;
broadway Central.
WILKES BARRE. Pa.--willes- Barre D. G.
%; Anna Schen, muslin underwear. "a
East rwenty- sixth street
WILLIAMSON. w. va--National Specialtv
,h osore; Harry Sehwachter. general mer-
WILKES BARRE. Pa. - Best Underwear
Co; Wolfe Harris, muslin underwear;
WINCHESTER. Tcnn--s. A. Shore. dry
goods. shoes. Madison.
YORK Pa. c. II. Baer & Co.: peroy
ssanns sones stssiy rsady to wear; West Thirty
YouNGsTowN. ohio--strauss Hirschbers
Co; Mrs. NJ. c. AIeeker. general mer-
chandise; s52 Fourth Avenue.
New-York tribune., 1920-02-13
Foreigz, Mnturities Here
This Year., $658, 335, 900
Interest Alone Will Amount to 88, ,337 800; Bank
Already Planning Ways of Meeting $780,
100000 Anglo-French Loan Due Next October

loans privately hoatcd. In addition to
this. former Secretary Of the Treasury
Glass estimated that Europe owed the
United States Treasury $475,000,000 a
year on the Treasury advances out Of
the $4,000 100000 war fund created
for financing the Allies. But the Treas
ury has asked that this interest be
funded for three years instead Of paid
currently.
The foregoing figures express in the
terms of mathematics Americas new
position as a creditor nation. Before
1914 the situation was reversed. The
United States was debtor nation, and
each year had to pay out large sums to
Europe in the form of interest on
loans which helped to build up the
railroads and the industries of the
country. Interest payments are the
so-called invisible items in a country s
balance Of trade.
Many Prospective Borrowers
Virtually every country on the con-
tinent of Europe is in quest of addi-
tional loans in the United States, and,
are granted, the debt Of foreign coun-
creased. At present, bankers are
reluctant to undertake large new
foreign financing, because the appetite
Of the American investors is not be-
licved to be large, and the Federal
Reserve Board is exercising its in
tlucnce Of dehation.
The next important maturity will be
the falling due on March / Of the gov
crnment Of Switzerland five-year 5 per
cent notes, aggregating S5,OO0,O00. On
April l a s6,oO0ooO maturity of
Province of Quebec five-year per cent
bonds will mature. On May Is the
Argentine tve-year s per cent Treas
ury bonds will fall due. Originally
$25,O00,0oo of bonds were sold in New
York and 100000 pounds sterling
were placed in New York, but now
nearly all of the bonds are held in the
United States, because British holders
sold theirs to get dollar credits here.
On January l of this year the city
Of Sac Paulo called for redemption
$4,95O,000 of 6 per cent bonds, and
several Canadian provincial issues
were paid off on February /.
New-York tribune., 1920-02-13

In the bond market the great event
of the year will be the maturity on
October Is Of the 100000 900 Anglo
French loan, which was fated in Octo-
ber, 1915. International bankers here
are already discussing ways of meeting
the obligation, and leading fnanciers
have expressed the hope that program
will be worked out by the spring.
The initiative, it is said, will have to
be taken on the other side of the ocean
by the debtors, and bankers here who
took an important part in arranging
the loan assert privately that there is
no doubt that France and Great Britain
will fully meet thir joint obligation.
They declare that merely the method
must be worked out.
Will Refund, if Possible
Bankers here believe that when
Henry P. DAWSON, of J. P Morgan &
Co., who left for Europe last week, re-
turns to this country he will know def
nitely what the ideas of the two foreign
governments on the subject are. With
the present hunger for dollar credits
abroad, it is felt that the two govern
ments will desire refunding opera
ton, if bankers here believe the invest
ment market receptive. The view pre-
walls that the governments will have to
pay much higher rate of interest on
any new securities that may be issued,
because of the new level at which in
vestment securities are selling.
Outside Of the Anglo French loan,
which is the largest foreign loan ever
floated in this country through private
channels, maturities of foreign loans
i'm the United States up to December 81,
1920, will reach $69.997,8O0, and the
Interest on all outstanding foreign
loans flated through private channels
for the calendar year will reach $685.
337 300. Including the Anglo-French
loan. foreign coutries throughout the
world will be required to pay American
investors in 1920 S658,335,6 800. This fig
ure includes the principal on maturing
loans and interest on all outstanding
New-York tribune., 1920-02-13
New Home Of Stock
Exchange to Cover
An Entire B Bloc k
First Eight Floors of Build
ing To Be Used by the
Board, but the Remain
der Will BE Rented

Revised building plans Of the New
York Stock Exchange when completed
will result in an enlargement Of the
present structure to include the Block
front on Wall Street from Broad to
New Street. On December /, 1918,
the adjoining property on the corner
Of New and Wall streets, known as the
Mortimer Building, was purchased. 1t
was supposed at that time that this ad-
dition would afford ample space for
the expanding business of the ex-
change, but, according to an announce
ment yesterday, developments which
have since taken place have made it
necessary to provide greater space
facilities.
On January 1 the property on the
corner of Wall and Broad streets was
acquired by lease for period includ-
ing renewal privileges, of eighty years
and four months. The present build
ing has wing jutting out from the
main building to an entrance on Wall
Street, The new building plans ind-
cate that this wing, together with a
section of the old building, will be
razed and an imposing twentystory
structure erected on the plot bounded
by the present main building.
"The pressure Of new business is felt
principally on the trading floor" said a
statement issued by the building COM
mttee of the exchange, land the de-
mand for new space had to be met by
extending the board room on its pres
ent level. The architects have there
fore used every available square inch
of the additional area for enlarging
the board room, reserving on that level
only that space required for lobbies
and elevators to serve the upper floors
"Architecturally the aim has been to
design building which will produce
additional revenue to the exchange in
view of the value of the plot involved
and at the same time preserve the in
dividuality Of the majestic design of
the Stock Exchange. This has been ac-
complished by so arranging the hori-
Zontal lines as to disguise and bring
together the different levels of the
Broad and New Street fronts of the
old building, while the superstructure
is erected as tower, which, together
with the simplicity of the Broad Street
front, enhances and emphasizes the
great beauty OF the colonnade and the
pediment of the main structure.
"Thc first eight stories will be de
voted to the purpose of the exchange
and are designed accordingly. From
the eighth to the twentieth floor Of
fees will be leased for commercial
purposes.
"a unique feature of the actual con-
struction is the scheme to erect the
BUILDINGS in halvoS-nar rtlv rictated nv
necessity and partly by convenience.
1nasmuch as it would be impossible to
carry on the work of the exchange in
less space than its present quarters af-
ford it is impossible to tear down part
of the present building and proceed
with the entire structure. Half of the
building will therefore be erected on
the Mortimer site, while Office accom-
modations are found in the Wilkes
Building. On the completion of the
first half the departments of the ex-
change will be transferred to the new
building and the second half erected on
the site of the Wilkes Buiding."
New-York tribune., 1920-02-13
Tennessee Copper and Chemical

Question: desire. If possible. G,nner 70 ner
ind Chemical Company. ! should H.; iake ~ ~
know the people connected with this con
Germ: also any other information:, such rs
earnings. profits and dividends, will be ap ,
preciated What is your opinion m. OF .e,';ns TINS
stock az an investment is II not seh.,s
preciate any Information you may have on
the Aluminium Manufacturing. which is
c,ioted on the Curb at about 36 Can you
tell me the people connected with this con-
Germ also their present status. and II you
consider it good buy at the present quota
ton IN. l.. +.
Answer-The dominant interests. in
the Tennessee Copper and Chemical
Corporation are the Lewlsohns. Inc
company produces refined copper and
sulphuric acid. There are outstanding
792,947 shares of no par value. Inc
last dividend was 81 a share. on May
a deficit of s43,42S. For the quarter
ended March 81, 1919, the company re-
ported deficit of s277981. The stock,
like that of most copper companies,
has been depressed, due to the small
demand for copper metal. The over
stocked condition of the market for
sulphuric acid has also curtailed earn
ings. The stock is pure speculation,
being able to earn only when copper is
high and the demand for sulphuric
acid active. The Aluminium Manufac-
turers, Inc, was incorporated Novem-
ber II. 1919, succeeding the Aluminium
Castings Company. The capital is
$4,000 of 7 per cent cumulative
preferred stock, par $100, and 100000
shares common stock of no par value.
Dividends are paid on the preferred;
none on the common. No statement of
earnings is available. The underwrit-
ers stated that the company's output
is increasing. The common stock has
speculative possibilities. We cannot.
of course. tell what the real value of
the stock is until it has demonstrated
its earning power.
New-York tribune., 1920-02-13
]. MCCORMACK. Auctioneer
EXEt '1TOR'S SALE
by ADRIAl II. MULLER & SON,

WEDNESD. y, FEBY 18TH. 1920,
At 1890 o'clock, at Exchange Salesroom,
Nos. IA and ls Vesey Street.
BY ORDER OF THE EXECUTORS OF
THE WILL OF
MARGARE;T OLIVIA SAGE, DECD.
S25 shs; National Bank of Commerce,
In n. Y.
500 shs. Importers & Traders National
Bank. N. Y.
$50 shs. Fifth Avenue Bank. ~ Y
990 shs. New York Trust Co.
so shs. United States Guarantee Co.
500 shs. N. y, hackawanna g. Western
Railway Co 5To Guaranteed.
900 shs American Car g. Foundry Co
Prcld
600 shs. Norris & Essex Railroad Co.
7&ec Guaranteed.
't> shs. Rensselaer, & Saratoga Rail-
road Co. Consld. Dividends Cuaran-
teed by Delaware & Hudson Canal
Co.
l$5 shs Third Avenue Railway Co.
zoo shs. Cleveland & Pittsburgh Rail-
way Co. 10 Guaranteed.
lo.2o3 shs Minnesota Railway Construc-
tion Co.
0.423-l5 900 Interest in Hastings &. Da-
kota Ry. Trust Estate. created hy
10 deeds executed en- December 9Th.
1889. by the Hastings &. Dakota Ry
20 20 and Russell Sage, as Trustee
tIruStce Certificates(
New-York tribune., 1920-02-13

of British supplies, foodstufrs, raw ma
terials and other essentials and the
payment of the freight charges on the
goods carried on British ships. Ii the
American grant was limited to $50, ,00O,-
600. Mr.. Chamberlain added, the neces-
sary tonnage for transporting the
American supplies could be provided.
New-York tribune., 1920-02-13

cd February 49, IS East Twenty sixth
Street.
Los NGELES-Broadway Dept. Store
G. II. Gardner. mems furnishings; Prince
George; left for New York February Z.
Los NGELES-Broadway Dept. store
Miss Anna Morley women's, 'chidren' s
hosiery, undcrwear Commodore; left for
New York February 8.
New-York tribune., 1920-02-13
Investment
Information

Questions OF general interest to
inpeators will be answered in this
column, in which case only initials
,viU be used. Others wiU Do an
swered by mail. Addrcsc all in-
ouiries, inclosin0 a atamped. ad-
dressed envelope to Financial Editor.
The Tribune. 154 Nassau Street. New
York Citv.
New-York tribune., 1920-02-13
WILLIAM CRAMP s SONS SHIP AND
ENNINE BUILDING COMPANY
Sinkiup Eu.

Fidelity Trust Company lforlnerly The III
deity insurance. Trust and Safe Deposit
vWSrn,spany,; Wr,ss, Trustee under Mortgage of the
Building Company. dated March i. 1898 In.
siies tenders or proposals for bonds issued
unaer said mortgage to be surrendered for
awards made on March end. 1920. at ~
occcls noon
FIDELITY TRUST COMPANY.
delpha, Pa
February s, 1920. S"S'
New-York tribune., 1920-02-13
ferred stocks as follows: Packard,
Worthington. Allis- Chalmers and CO.
lumbia Phonograph.
Hundred Dollar Bonds

Question Would you kindly give me list
of Industrial and railroad bonds that are
OF 500 issue that yield around per cen,
dollars I would like to invest &c. G. Il.
Answer-The following bonds issued
in $1OO denominations may be pur-
chased at present to yield from o'zo
per cent to IL per cent: New YORK
Central IS yield CTS per cent; ST.
Louis e. San Francisco prier lien as
field 7.6O per cent; Seaboard AR Line
6s, 1915, yield 1850 per cent; bethie-
hem Steel refunding 5s yield o.zo PEI
cent: Colorado Southern AVS yield
ITO per cent; French Cities y!eid,
recent, and AngloFrench 5s y'eid
IL per cent.
New-York tribune., 1920-02-13
FINANCIAL MEETINGS
cHAs. f. cHAPIN CO.. INC.

cHAss f. CHAPIN CO.. INC.
NOTICE OF ANNUAL. MEETING.
ne annual meeting of the Stockho,de,.
~ ~ mas. =, Chaplin Co, Inc, will be held
g. g. tne ofnces OF the Company, 2Ci Fultoa,
". Borough of Manhattan. CITY Of New
aork. n ". Wednesday, Feb. 18TH ieeo
n,.t. -. o,ciock noon. for the purpos. ef
y, a'ec.,ng M Directors and for the transactten
before the meeting 70 -
+. &. CHAPLIN. Secretary.
New-York tribune., 1920-02-13
Buyers Coming

COLUMBUS. Ohio Re5sschiid & Co, Ger
son Rothschild. sprE0 dresses; expect
New-York tribune., 1920-02-13
S8S,337,80O
and Interest
................. $569,997, 800
Monthly Maturities

m following are the matu1,es and interest due American investors
privately the United States for
New-York tribune., 1920-02-13
NEW ISSUE

American Honiny Company
First Mortgage 10 Serial Gold Bonds
'';"S & s; s CT i % s: S
'' ;: % hss sstSS' @ ;: 1 se GssSs ia,s? S s;; s
hsfsas %
Information fs1 f tie s from Mc H.
States white ts e corn a aouT and
has been in successful operat @ @ @ pTas 191 and
hese bonds will be secured land BUILDINGS
and equipment Of the Company valued properties
@ 19eG%h M ndana & Decatur Illinois and Davenport "a por
elevators at 23 Illinois and - - '
The cGmpany financial adjusted show
a P9ea fs @ f P5ssent & &naneg shows
the Issue Of 1902 called payment payment Of Which,
funds will be deposited coincdn with this sissue ~ ~ ~ ~
Ns % M three years rs ended June l9l9
taxes TOR the same period $4,000
MATURITlEs PRICES
$4,000 due January l9239934 interest yielding 7s
1oo'ooo due January l. 1924995 and Welding 71&
zooooo due January 1925-9897 and interest yiedno no
zooooo due january L. 1926 interest Welding III q
zooooo due January 865 interest vedne 71I *
1ooooo due January 19289850 interest Welding III *
ooo'ooo due January l. 9299837 interest vedno IL
When and eeeved
All details be eubea 10 oomoa, council
While not guaranteed considered reuau.
George H. Burr& Co. Halsey, Stuart & Co.
investment Securities
Equitable Building 4 Co. chde..o
49, I'VE" 1ork 49 Wall Street. New York
'AS'a S' r.-ass zss"s Chicago ..