davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-02-11
FOOD EXEMPTION.

Foreign competition against the
producers and dealers in foodstufIs is
being aided by the Colombian govern
ment. The government has issued a
decree eNemptinE from customs duties
edibles of various kinds, according 10
a cable received at the Bureau of
Foreign and Domestic Commerce from
United States Minister II. Philip, at
Bogota. Colombia
He says that until July n. next. the
following articles will be exempted. in
an effort to reduce the high cost of
living there: Unrefined sugar, sweet
potatoes and other tubers. beans,
chick-peas. Carobs. lentils. corn. lard
eggs, common crackers, ost, rye. rice
and corn -four.
The Washington herald., 1920-02-11
SUGAR FUTURES.

New York, Feb. 10.-Trading in sugar
futures. suspended during the war,
will be resumed on the New York
coffee and sugar exchange February
1G. it was announced today. Deliv-
cries for May will be the earliest
dealt in.
No official information concerning
resumption of trading in sugar flu
lures had been received today by the
Sugar Equalization Board. The board
has no control over the new crop of
sugar. but it was explained that il
wild and erratic speculation" followed
resumption of trading in futures the
Attorney General has authority to
stop it and prosecute under the Lever
act which will be enforced until peace
is signed.
The Washington herald., 1920-02-11
ARMOUR FORMS
new COMPANY
Announces First Independ-
ent Unit as Result of
Segregation.
ARMOUR LEATHER co.
Starts Business with Net
Assets Of $25,-
100000.
LEATHER co.

Armour e. Co. announced yester-
day details Of the initial measure to
segregate particular properties un-
der terms arranged recently with
the Attorney General The newly
incorporated Armour Leather Com
pany is TO acquire all of the parent
organization's leather and tanning
business, which is estimated at
s100. 900. 900 per year. The turnover
in 1919 actually amounted to
$50, 900, 900.
The new company's capitalization
consists of $4,000. 900 authorized z
per cent cumulative preferred stock.
OF which SIC. 1000. 900 will be issued
soon. and s15.o00.0oo common stock.
SIS par. the total TO be distributed
with the preferred. In addition to
these stocks there will be 100. 900
founders shares. without par value.
which Armour & Co. will buy at IS
share. By this arrangement. yes
terday's statement said. the assets
of Armour & Co. will not be i'm
paired, and the corporation will
have a financial interest in the oper-
alton of the leather company. The
net assets of the leather company
are valued at SIS, 200, 900. equal to
par in assets for all the stocks to
be issued to the public. The assets
do not include any values based on
good will or patents.
The preferred and common stocks
are to be sold in blocks. each one in
cluding seven shares OF common and
one share of preferred, the price per
block being $500. This is equivalent
TO Ss5 for each share Of Armour
Leather preferred and SIS per share
of common. The holders Of the $50
00o. 900 preferred stock Of Armour e.
Co. will have the initial right 70
subscribe. in proportion of one block
of leather share for every hve
shares of Arm"'-- e. Co. preferred.
While subscriptions will be received
from the public coincident with
those from the present shareholders.
the latter will have preference in
allotments. Privileges Of subscrip-
ton will expire on February IS.
The balance sheet of the leather
company, as of November /. 1919.
shows gross assets of s3s.474,l24. in
GLIDING S14.435,275 of inventories.
physical property valued at s7,474.-
672. tanning materials, and supplies
to total of S2.eS1,S75, accounts and
bills receivable amounting to So
2sl.S14, and more than $5D0,oO0 in
cash. The statement showed these
earnings for the last four years:
The Washington herald., 1920-02-11
LAMONT GOES ABROAD.

New York, Feb. 10-Thomas w. La
mont. Of J. p. Morgan & Co. with
Martin Egan as assistant. and Jere-
miah Smith. of Boston, as counsel.
will leave Thursday for Japan and
China to confer with bankers of
those countries and make a financial,
commercial and political survey OF
China.
Lamont will represent a consortium
Of bankers. including most of the i'm
portant financial figures in the coun-
try. He plans to return TO New York
about June l. 1t is understood the
trip was made with the full approval
of the State Department.
The Washington herald., 1920-02-11
GOLD SHIPMENTS.

Another heavy outflow of gold to
South America is expected next
week. when the next boat clears
New York for Buenos Aires. The
sailing Is scheduled February Is. A
ship that sailed from New York
last week carried in its hold S17.-
900. 900 in American gold. Exchange
still favors. Argentina. and il Is un-
derstood that banking interests are
advantage of the opportun-
ity to forward another big gold
shipment
The Washington herald., 1920-02-11
FOREIGN EXCHANGE.

New York, Feb. 1O.-Today's closing rates
"t exchange on all the principal foreign
markets were as follows:
Sterling. demand. 1885,: cables. 3 337k
BANKERS, 60 days, 3.32: 90 days, $50.
France, checks. 144T; cables, 14.45. Bel
gium, checks, 1884; cables 1882 Ger
many. checks, l.O3; cables. 1.O4. Austria,
checks, 81; cables, 30. Holland, checks
.3Is4: cables, .31Ts.. Italy, checks, 1871; /;
cables, 1875. Swiss, checks. 6l02: cables,
800. Stockholm, kroner checks. 1s.40; kro-
ner cables. 1885. Christiania. kroner checks,
1T.4O; cables. 1890. CopephaEen, kroner
checks. 14.T5; cables, 14.9O. Canada, dol
lars SC y
The Washington herald., 1920-02-11
GENERAL ELECTRIC.

Subscription books for the recent Of
terinG of General Electric Company 6
per cent debenture bonds offered by a
syndicate Of bankers managed by J. 2.
Morgan & Co. and lee. Higginson &
Co. closed yesterday. The managers
announced that restrictions on adver-
tising would be waived until the close
Of business TODAY
The Washington herald., 1920-02-11

The figures show that based upon
last years earnings the balance
after preferred stock dividends ap-
plicable to the common and found
ers' shares would be S5,495.S24. The
four years average of profits avail
able for common stock dividend
would be 1875 per cent According
to the statement dividends at the
rate of s per cent on the common
stock will be paid il earnings con-
tinue satisfactory
The properties controlled by the
company include the Badger State
Tanning Co, of Wisconsin; Cappon
and Bertsch Leather Co. OF Michigan:
the Empire Tanning Co. Of New
York: J. X. Mosser Co. of PenAsyl-
vania; J. X. Mosser Co. of West
Virginia. and the sylvia Tanning Co.
Of Delaware. Besides these are
stores and a sole factory and nearly
20 per cent of the common stock Of
the Eastern Leather Co. Frank G.
Allen, President OF the Eastern
Leather Co. will be chairman of the
board of directors. and Henry w.
Royd. of Chicago, will be president.
The directorate will consist of these
men and NJ. {. Weimar. Of Chicago:
+. c. Wonder Heide. Boston: NJ. Il.
Brennan. OIean. ". V: Philip l.
Reed. Boston, and +. w. Croll, II. ].
Durham and F. Edison White. who
are vice presidents of Armour &
The Washington herald., 1920-02-11
STEEL tonnage.

New York. Feb. 1O.-Unhlled tonnage
of the United States Steel Corpora
tion totalled e.sS5.4n on January 81.
an Increase of 1.0oo07S over that Of
the previous month, it was announced
today. Unfilled tonnage on December
Il, 1919. was S2s5. .366 and on November
%. 1913, IL was 7,12s.530.
The Washington herald., 1920-02-11
HIGH
TONNAGE COST
Steamship Owners Asso-
cation Insists Boards
Price Abnormal.
POINT TO ENGLAND
Selling Her Wartime
Shipping Sixty Per Cent
Below America.
POINT TO ENGLAND

Asserting that the United States can
never hope TO have q great Merchant
Marine if the shipping Board persists
In adhering to the price Of SD q ton
for the Loooooo tons OF shipping which
the government will sell the Amer
lean Steamship Owners Association
is making a determined fight TO get
the board to eliminate the abnormal
costs Of wartime rush construction
from the selling figures Of the gov
Iernmentis fleet
England, Il is pointed out by the
association. which includes practically
all OF the owners of American regis
tered steam vessels. is selling its
wartime shipping at 800 a ton. This
figure viii e1ectuslly prevent Amer
lean vessels from staying in competi-
ton in view OF the 20 per cent diff
ference in capitalization charges-!n-
terest o ninvestment. insurance and
depreciation.
An analysis Of the situation was
given yesterday by, H II. Raymond.
president Of the American Steamship
Owners Association He states:
1T is with relatively Iow-cost ship
ping of the worlds pre-war fleets
that the high-cost steamers OF the
Shipping Board must go into close.
sharp competition. II ought not 10
be necessary to do more than to sug-
gest to men Of business that SUCCESS
full competition will be entirely i'm
possible IL American vessels are 10
be capitalized at any such low figure
as AZ5O TO s%5 a dead-weight ton. al
which the Shipping Board now holds
its war-built tonnage. The whole case
is clearly and briefly stated In this
comparison OF the charges on capitsl
invested in two similar vessels Of
1000 dead-weight tons, one furnished
10 British shipowners by the British
government at a cost Of 500 Der ton.
and the other furnished TO America
shlpowners by our Shipping Board az
price OF $50 per ton:
British Ship American Shin
At cost OF At cost Of
800 per ton. s2sO Der ton
$1,000. 900 Sc. 200 600
Insur'ce, ; per cent s 10000 s Sc. 600
Depre'n. ; per cent $4,000 llO, 600
Interest on
inv'stm'L per cent $4,000 Ilo. 900
The Washington herald., 1920-02-11
WAGE INCREASE.

Johnstown, Pa, Feb. 1o.-The Cam
oria Steel Company today announced
a 10 per cent increase in wages for
common labor. the new rate effective
February to be A cents an hour.
The wages Of other classes Of labor
VIII be readjusted on similar basis,
II 10 said. 1
The Washington herald., 1920-02-11
AMERICAN LoCoMorryE co.

The American Locomotive Co. has
taken orders for q total of 100 loco
motives for foreign and domestic
trade during the last two weeks.
The aggregate involved in these
contracts is about $4,000, 900.
The Washington herald., 1920-02-11
American Ship
sIso.OOO SsSs 600


Difference in favor Of BRUSH
vessel. sl56.0OO. or equivalent to 1856
per cent on cost Of British vessel.
Whatever may be said about the
higher cost OF the wages Of Amert-
can officers and crew as COMPARED
with British officers and crew, this
difference falls into insignificance
as compared with the difference
based upon capitalization charges.
1t is essential to the success Of our
merchane marine that capitalization
and the costs consequent upon il
should be equalized. and this fact
will be found TO be true whether
the present Covernment-owned fleet
is turned over 10 experienced shin
owners TO operate. with the thrift
enterprise which they best under
stand. or is retained for operation
by the government II the United
States were TO keep these war-buiIt
ships and endeavor tu compete with
the shipping Of the world. the first
thing the government would have to
do would be 10 write the cost Of its
vessels down TO 500 a deadweiEht
ton. If this were not done. and II
the government-owned ships were
Wv dAt-u dA n loSNs AtlF
American people would insist on
abandoning tho experiment
while the difference in tho an
nual cost Of operation between
British ship Of 10000 deadweight
tons and an American ship OF the
same capacity-the former sold hy
the British government at 500 \
ton. or a total cost of 81 900 Oo0.
and the latter held by the American
government at see a ton, or a total
cost OF S2.20O. .0oN-would be a. set
forth above. Sl5sOOO based on the
three essential factors Of insurance
depreciation and interest. the dir
ference in cost Of wages Of officers
and crew would be probably not iu
excess of $4,000 TO $4,000 per au-
mum. or 20 TO 80 per cent. with a
tendency TO decrease il British sea
wages should rise still further to-
ward an equality with our wages
To equalize this difference in
wage cost. which. il must be borne
in mind, is relatively small and
probably decreasing factor. our res
olution suggests that an alloWanr"
of 10 per cent Of the net earning
Of American ships be granted on ac-
count Of depreciation. and the
amount deducted as operating eN-
penses in the tax returns"
The Washington herald., 1920-02-11
DIvIDENDS.
Hldrs. Of

Pc Pay Hldrs. Of
Company Rate. riod. &,le. Record,
Hart, Shat, 4 M. o heb. 2s Feb 10
Porto Ram. Tob. So - Mar. 4 Feb. Il
PAYABLE in 9 Per cent se y.
The Washington herald., 1920-02-11
BOND MARKET.
LIBERTY BONDS.

Liberty bond prices on the New York
Stock Exchange yesterday were:
(Quotations based on 500 denomina tions.)
The Washington herald., 1920-02-11
s=== NATIONAL MARKETS ss====-
LOCAL SECURITIES
Commodities
Economies

washinEtsn stock Exchange.
SALES.
Capital Traction Be-, 81 900 at pSH.
Capital Traction, II at s7k, IL at SIN.
"a Al SIN. - at 81. 25 at sIx, Is at STA
Mergenthaler. at I37.
AFTER CALL
Potomac Electric cons. 5e, 81 900 at s6K.
I1.oo0 ut ssk. 81 900 at seN. q, 900 at s6k
PUBLIC UTILITY BoNDS
The Washington herald., 1920-02-11
COTTON MARKET.

New York Cotton Exchange prices on cot
ton yesterday were:
Yesterdays Previous Net change
The Washington herald., 1920-02-11
PuhlIc Utility,

WASHINGTON WATER POWER CO. for
the year ended Dec, al
The Washington herald., 1920-02-11
EARNINGS.
Railroads.

Railroads.
MISSOURI. KANSAS & TENAS SYSTEM
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
Wedding Party Shot Up.

Like an echo from the days of che,,p
bust-head whiskey is the re,.,rt IL tbe
shootiny m of . ..,,,,r,1 ,,ei.,,n.. ,,.,,..,.
s.+,,rd., ,,,,.ht 80 ~. .,,.
-. ,.,n., "' - ne, WEN ->o'ous
-. hi'ieo. " even seriously Wouhdcd.
bu' nc least tour felt the sting of hot
lead-all shot III their legs. quite for
tunately. Among those wounded were
Dan Hardenn,n. the preacher of the
occasion. and Emma Williams Wiz, ~
R;u wil,,,u. ~ t,,o ~ -, ,,,....
t;o, an 49,. - au pi'i'"
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
"Reminiscences.

This May twenty-nine years ago we
had the pleasure of a visit at our home
of our much esteemed friend. the late
W. H. Scanland, at which time we were
well supplied with Strawberries. cream.
honey and other good things.
At the table Mr.. Kingsley, in passing
the pitcher of cream to Mr.. Sc;lnland.
instead Of taking the pitcher by the
handle. picked it up holding 1t with
the handle toward Mr.. Scanland. while
a little cream on the sides proved to I've
Il good lubricator. so that the pitcher
shot out of his hand. landing the con-
tents III the lap of Mr.. Scanland. This
ridiculous condition sent Mrs. Kingsley
down on her knees with napkins trying
to clean Mr.. Scanland's Sunday pants. =
Next day Mr.. Scanlahd reported every
thing flewing in milk and honey" at
the Kingsley place.
The foregoing has come to the Ban
ner III the shape Of note from Mrs.
Allie Kingsley. Of Matthews, n. G.. She
and her good husband. Rev. Charles,
Kingsley. We're former residents OF
Benton. as is intinlated above. and old
friends will be pleased to again hear
from them. And we have been wonder
ing lately if they don't expect some day
to move back this way.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
Two Good Ball Games.
Contributed

Contrfbutcd.1
The Benton baseball team defeated
the Belcher nine on the local diamond
Friday afternoon of last week by q
score of to g. The game was most
interesting one from start to finish,
and the necessary run for Benton to
win was pushed across IN the ninth.
Neither side scored for five innings,
when Benton put across two. only to
have Belcher come back with four In
the sixth. In their half Benton again
tied the score. and it was nip and
tuck affair thereafter.
Observation-Disclosures Shaw and Hud-
dleston: Benton: Fuller and Wyche.
Yesterday the home team journeyed
to Plain Dealing and defeated the
Plain Dealing team by the decisive
score Of ) to 1. The game was well
played. and from local standpoint
quite interesting. for Plain Dealing
was thought to have, had crack nine.
A return game will be played between
the same clubs on the Benton diamond
one afternoon this coming week.
Batteries-PlainD Dealing: Mcclellan
and l.. Wyche; Benton: Fuller and
r. L. Wyche.
DIR. c. H. Irion has been selected to
manage the local team for the season,
and is anxious to secure games with a
few Of the near by towns.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
The Grsdustine Glass.

The commencement exercises Of Ben
ton High School will be held tomorrow
evening. The cards Of announcement.
ordered some weeks ago. finally came
in yesterday, and one has reached this
Office to-day. The seven 1920 graduates
of the school are shown to be Misses
Jeanette Hill, IOttie Mae Hanks,
Patti Ogilvie, rlotile Rogers, Eva Hoff-
pauir (valedictorian) and Alma Byrd,
and Francis Abney. The class colors
are yellow and white; the class flower.
the Shasta daisy. The announcement
and cards enclosed are well printed
and have neat general appearance.
Wednesday evening of last week the
members of the class and few Of
their friends. were entertained at the
home of Mr.. and Mrs. X. b. Hill. Dur
ing the evening the game of bunco was
played. after which light refreshments
We're served. Friday evening the class
was entertained by Mrs. Dewey StinsOn,
one Of the teachers in the school. Re-
freslments of ice cream and cake were
passed following the amusements of
the OCCASION
Saturday afternoon the members Of
the class joined Miss Hoffpauir in Il
visit to the home Of her parents. Hon.
and Mrs. A. Hoffpauir. residing near
Rocky Mount. There they remained
until Sunday afternoon very much
enjoying til, hospitalities OF the home.
including the temDting meals served
throughout the stay.
To-day excitement is at high pitch
with all members Of the class In anti
cipation Of their first highly important
appearance before the public. As they
make their graduating bow to the
world. thus marking their first step
into young wonlanhood and young man
hood. they have the well wishes Of the
writer and many other friends.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20

to them az ii result of the untiring at
tention of Dr. Bell.
If it wasn't for the gardens many
of us would have but little to eat just
now.
The Shreveport cotton quotation
remains unchanged-39 cents per pound
for middling.
Mrs. John Gladins returned home
Monday from Plain Dealing, where she
visited her sister, Mrs. Margery Clark.
MIR. ]. T. Edwards has purchased
u residence on Cresswell Street. Shreve-
port. and he and the members of his
household expect to remove to the city
some time during the coming summer.
A Rocky Mount reader has written
to say: Please announce that Rev.
l.. A. Sparks will fill the Rocky Mount
appointment the fourth Sunday in this
month. Every one is invited to attend
the services
A friend contributes the following
reader: - Remember that Children's
Day will be observed at Concord
Church the fifth Sunday. Let every
body come and bring basket. Services
will be held during both morning and
evening""
We were pleased to meet on the
streets Tuesday afternoon Mr.. Tom
Hanks. son of Mrs. Nj. H. Hanks, then
here on a visit. Mr.. Hanks said that
fNp np.al ST 1.r hnS II
employment in Shreveport. but that his
home was still in Dallas Texas. where
the members of his family remain.
Superintendent FOrtson stated
Tuesday afternoon that all the country
| schools Of the parish were now closed
from two weeks to Il month ago. Benton
High School will close this week. and
the closing of Haughten High School
next week will mark the end of the
1890 school term here in the parish.
MIR Ernest Chapman and family
| moved Monday from some plantation
further south to the Kingston planta-
ton. Mr.. Chapman will act as Overseer
of the place for its owner, Mr.. w. &.
| Burt, Of this place. Mr.. Job Wilson,
| the Kingston overseer for some time
past is soon to move to Benton to act
as criminal deputy sheriff under Mr..
Adair
| ALL members of the Police Jury
were present ut meeting of that body
! held here Tuesday. The jury met as Il
hoard OF review. to inspect the 1920 tax
roll. The valuations as extended were
accepted, and practically no other mat
! tiers of interest were considered. As
reported from memory by one of the
| jurors, the present valuation of all
| assessable property in the parish Is
$16.122.Oo0, an encrease of $1,SO0.O0O
over the 1910 valuation
As announced in the Banner two
weeks ago. the graduation exercises of
Haughton High School will be held
Friday evening of next week. There
1 has come to the Banner this week a
copy of the printed announcement. the
! card Of William Prince being enclosed.
! The class roll shows the Ave names !:
Ozalee Wilson. Mary Smith. G. c. Sand
idge, William Prince and TillnHn Mar
shall. The writer wishes to extend
| congratulations to these happy young
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
Estrayed or Stolen

From IN front of my place. Mt Allendale,
on Minden road Saturday. May Sth. Il
Black Mare MULE; split in ear. heavy
buslly tall Oh. years old +. 4.
BLAycHARD. Attorney. Shreveport, Ia.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-20
Loo al and
Person al
- News of Week as Told
- by the Banner Reporters

We are Pleased to acknowledge an
appreciated favor at the hands of Mr.,
A. NJ. Wyche
MIR. III. l.. Giles. Of the Emma COM
munity, was among the business WIS.,
itors in Benton Tuesday.
Mrs Kate Burch came in from
Shreveport yesterday to visit her
daughter. Mrs. ]. NJ. Sentell. jr.. of
Willow Bend farm
MIR. and Mrs. Box Kimball left
Tuesday for their home in Paris. Texas,
after spending about two weeks in
Benton and Plain Dealing with reli-
tives and old friends.
We We're pleased to have as callers
Tuesday afternoon four members of the
Police Jury-Messrs j. I. Nanny. j. c.
Logan and ]. &. and j. I. McDade-
all present at the same time. They have
been four of the Banners mighty .
good friends for long, long time
Miss I4eola Greer will not leave at
once for her home in huston upon the
closing of Benton High school, but will
remain over for some weeks to teach
"A summer class. She will have a.
pupils several of the advanced scholars
Of The school who have lost time from
their studies, etc.
The blacksmith firm of Gleason
4 Smith of this place-AIessrs. ]. d
Gleason and j. II. Smitll--has been dis
solved. Mr.. Gleason Is now engaged
in running a small saw will plant fol-
Mr.. ]. NJ. Sentell on the Willow Bend
plantation. and Mr.. Smith also expects
to soon again engage in that trade.
old friends Of the Sewall and
Thompson families formerly residing
in Bossier Parish) will be pleased t.
learn of the good fortune of Alex Sew,
all. He has successfully passed the
examination and on June 10th will
enter West Point Military Academy
He is son of Mr.. j. A. Sewall, jr.. OF
Shreveport. and the fondly remembered
Lila 4 Tllompson) Sewall.
Mr.. Lee \. Bush was here Tuesday
to make his final report to Superintend
ent of Schools Fortsoil as principal Of
Plain Dealing High School. During the
1890 term of the school there were
enrolled about 26S pupils. the largest
enrolment in its history Mr.. Fortsol
also stated that The material for the
new Plain Dealing school building was
now being received at that place.
Mr.. j. 7. Nanny while-a caller al
this office Tuesday reported that Satur
day of last week among the fish sold
OH the streets of Plain Dealing tter.
were two catfish weighing y and 4:
pounds, respectively. They retailed al
20 and % cents FER pound. and were
brought i'll l.s one of the .Arnolds OF
the lake community. he thought. And
that's the hest fish story we have had
for publication IN some time.
Among the callers mt the Banner
at'ice Monday forenoon was Mr.. ]. 4
Love- of the Hughes Spur community
Mr.. Love said that his little son, Joe
who for two months was a-bed from
an attack of scarlet fever. was now III
and out, but is paralyzed on one sid,
of his face as Il result of his long Ill
ness. Mr.. Love spoke of how exception
ally faithful DR.. w. +. Bell. of plail
Dealing, WAS during the illness of littl,
Joe and expressed desire that w,
make mention Of the sense of gratitud,
felt by himself and Mrs. Love. The,
feel that their little son has been spare,