davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-02-01
General Chemical Earned
SIO.87 Share on Common
for the year ended December 81. 1919
the General Chemical Comp.nv =.

OF 'ne year ended Deccmber 81. 1919.
the General Chemical Company 70
snrned net profits after charges and
Federal taxes Of s2,7os, ,961, equivalent.
after s@12,498 III preferred dividend
payments, 70 s1o.87 n share, 500 ps..
earned on the s1s,bI9, 200 common,
STOCK, which compares with s4.o46.sse.
or sls.96 a share. in 1918.
Gross profits for the year were es.-
oio,oo4, falling of OF s4.l55,25s from
the preceding year. Federal taxes.
>, &c, amounted TO s245. 900 decline o
SZ,3Oo,ooo from the year before. After
reserve Of $500, 900. inventory accounts.
etc, Of sl,ol1,o27. and depreciation. etc,
or Si,65o,oi6, balance applicable for
s,S,asngs =, oss c1s va S2,70s,961. decrease OF
Sl,o3b,678. Holders OF the common
stock shared 81 ,32f.5se in dividend dis
inursements, leaving S474,927 surplus.
10 mat amount previous surplus OF
slo.Io4,l27 was added, bringing the
total to $16.229.O54.
New-York tribune., 1920-02-01
Automobile Tire Prices MAY
Ha Advanced Is 30 20 Per lc11l

An advance Of from 10 to 20 per cent
in tire prices win probably be an
nounced By most OF the large rubber
companies in the very near future. In
some trade circles it IS expected that
these advances will SO into effect on
February /.
1t has been apparent for some time
that the rubber companies would be
obliged TO increase tire prices. Crude
rubber costs have not increased to any
extent, but cotton fabrics used in tire
manufacture have been steadily soar
ing in price. Since June, 1919, cotton
and cotton and duck costs have in
creased on an average OF from 75 to
loo per cent
New-York tribune., 1920-02-01
California Packing

BY virtue of its ownership Of so per
cert Of the capital stock, the Califor-
MIA Packing Corporation profits to the
extent Of approximately sl.100.oo0
from the melon just cut by the Alaska
Packers Association. The latter de-
clared extra dividends Of 20 per cent
in Liberty bonds, 81 in cash. as we'll
as making regular quarterly dis
bnrsement of 50 share. California
Packing bought control of the Alaska
concern four years ago. paying Sl6o a
share Of the stock il bought The re
manning small floating supply Is quoted
at better than 5000 share. Two years
ago the Alaska Packers declared 3 sim
ilar extra disbursement, and In the
mean time has been paying at the rate
OF 50 share regularly. Since Cali
fornia Packing acquired control Of
Alaska its share OF the accrued profits
of the subsidiary has been sufficient to
cover the 81 dividend which has been
pad on the common stock of the com
pany and which recently was increased
TO s6 s. share.
New-York tribune., 1920-02-01
Hupp Motor Reports Net Sales
of S9.997, 900 in Five Months

Net sales Of the Hupp Motor Cor
pofatlon for the five months ended No
venlber 30, 1919. wero se,9s7,6so. From
that amount expenses OF $7,675,93
were deducted, leaving s2,321,754 in
gross profits. After selling, admins
sratiye and general expenses, includ-
ing Federal taxes. had been taken care
OF, net profits were S1,105,4SS. Interest
paid on bank loans, etc, aggregated
$500. Balance after charges was
Sl'l03,688, equivalent, after the deduc-
ton OF 5l6,sS3 IN preferred, to 500 a
snare, par value 500. earned on The
s9,l92,lO0 common stock. Surplus after
ali charges was s10S6,755.
New-York tribune., 1920-02-01
British.American Tobacco
: Returned Larger Net in 1910

The British American Tobacco Com
pany report for the year ended Sep
tember 3d. 1919, shows net profits Of
S3,f7o,oo8, compared with s3,l40173 in
the preceding fiscal year Preferred
ai7idend distributions totaled e225 600,
she same amount paid in the ycar
oefore. Holders OF the ordinary stock
received -, 2,l56,773 in dividends, leaving
- -o94,l lo5 surplus, which compares
WIN al'o5o,o79 in the year ended Sep
tember 80, 1918. Previous balanca
amounted to f3,0O5.57S, bringing tho
total surplus at the end of the wear 70
f4i0O,3l3. ''"A "
New-York tribune., 1920-02-01
American Can

Current strength of American Can
is due almost entirely, it Is understood,
TO the operations Of d strong pool.
Hopes OF the Inauguration of dividends
on the stock at AT early date are not
promising, interests conversant with
the affairs Of the company state. Earn
lngs in 1919 were larger than in 1918,
when balance of s755 share was
shown on the junior stock issue. but
It is intimated that borrowing will
again be necessary this year to finance
the company's tin-plate needs. The
management is said to feel that COM
mon dividends should be delayed while
working capital requirements continue
at the present abnormal level. At the
end of 1918 the company's inventories
stood ST s35,4s4,4o2, compared with
8,254,321 at the end OF 1916 Tie
tleing up OF so much money in inven-
tories made it necessary TO borrow
S12, 100000 on notes in 1918 and again
N 1919. The notes were retired as
fast as the raw material was worked
INTO finished products and marketed
buy tinplate prices still are high and
the company will need additional funds
this year to carry its supply.
New-York tribune., 1920-02-01
Marine Company Explains
Bid for German Shins

- Inc International Mercantile Marine
company yesterday announced that its
olds tor the former German vessels
cohIlofmed with the terms of the cir
Iuiar OF the United States Shipping
BOARD, which invited tenders for the
purchase Of "all or any" of the ex-
usfnah steamers. The company tend
eIea 'hree bids, the first for all of the
steamers; the second. individual hids
for number Of selected steamers: ,he
third, an inclusive bid for all these
selected steamers.
New-York tribune., 1920-02-01
Prosperity That Is Not

apparently prosperous" says the
Mechanics e. Metals National Bank in
its Februry letter on the business out
look because Of the delusion Of high
prices, the business of the United
States is being conducted in fash
ion that cannot possibly continue for
any considerable length Of time. Last
ing prosperity consists not of produc-
ing less than is consumed, as we are
now doing; it consists Of producing
more than is consumed
New-York tribune., 1920-02-01

It has been buying in The Unitco States.
me report that England may again
place q Ban on imports from, the 1Tnitea
States dad aot frighten the fnanclnj
community, particularly since some
hanunciers havs been urging that
under the circumstances Europe should
coni.ne her purchases % absolte essen
tials. Tbs erection Of new berriera.
however, viii probably necessitate re-
adjustments in the plans Of exporters
II you calculate the cost Of the dol
lar IN telIas of foreign money r. cu,.
rent exchange value, that is, If you
were buying dollars with pound,
marks or francs, its value at the close
Of last week, as compared With a year
ago, follows.
New-York tribune., 1920-02-01
Standard Oil of Kansas
Earned $33.03 a Share

AS result of operations In the year
ended December 81, 1919, the Stand
ard Oil Company. Kansas, returned net.
earnings, after taxes Of Sl.66l. .6l4
equivalent TO $830S share. par value
500, earned on the $4,000 900 capital
stock, compared with sl,4l3,Ss9 or
s7o.69 a share, in 1915 Holders OF the
stock received s4So.000 in dividends
during the year. leaving surplus OF
sl,lSl,614. against s933.ss2 in the pre-
ceding year,
New-York tribune., 1920-02-01
Niue Per Dent for Time None

The acuteness OF the stock market
credit situation is illustrated by the
almost unprecedented situation with
regard to collateral time loans Time
money IS almost as scarce as hens
teeth. 4 little driblet was loaned out
At the end Of the last week to stock
market borrower al 8 per cent. The
bank charged the legal rate OF g per
cent plus Service charge OF 3 per
cent. This is the highest rate time
money has reached in years And the
most unfavorabl feature is that il
cannot be obtained excepting in small
lots even at that figure. The banks
simply won't loan on time against stock
exchange collateral.
New-York tribune., 1920-02-01
Stocks Ex Dividend

reo- 70 Am-f-a Francs F.re Eng Temp
feo. i, Asso y 6 i, pe -
r,sp fep' Broo.i IN Edison. ........ :
Fsn- i,sb : But Roch g. Pitts Ry........ ?
Feb Rs~re --........---. 3
F,eb > M a. - !. N & omaha ny .
iep LEI, ciete d PITTS r Y gus-td....
Eeo' r 30 special Kuarsnteed .......
reb- Colorado fuci &. Iron
Feb. 20 IF Q
IN yaa. y ,orn LN, nAngc Ban1 1-........ 5
I,sS G"yton Power & igh:........ 4
60. 81 -.-
F. eS- > llinss Central r r ........ I
,, reo. ~ iGt"Tuat Harvester =,
rep. Jer q Cletrasid Ceai a o. Df .
~ 80 eiiy spehela z. pr cent ofd ,
Fso- Miami Copper
60. . New YORK; Dock 2
5,t 5An. 81 Norfols & West X. aif n.
I'D I' fennsyiNaaia Railroad .
~ - Ihlladetphia c. pei ceny p. !.
reo. Pit,s & West "a n .,
y. ~ tressec steel Car ~
49,. - Sears Roe DUCK * Co. :.
I'D superior ~ pt. .. !.
i,- tobacco Products -..-......
Fsb' Fsb : Tw,n City Rapid Transit -. 3
- Rubber. .x In com stck..ls
rep 10 "ooiworth. r FW............. " 9
New-York tribune., 1920-02-01
worlds Biggest Floor in Armory

ne armory at the University of Hi
nols IS sad to have the largest un-
oos.ructed door space in the world. 1t
~ -, 4Vo 1eet long and 225 feet wide. The
lineage Coliseum could be set inside
Tue armory and enough space would
remain around Mt to drill full
, regiment.
New-York tribune., 1920-02-01
what Do You Think Of the Market,r

A bank officer: ''Thc time has ar
rived when the investor should care
fully discriminate in what he buys
Many of our high priced industrial
stocks have been overboomed, and T
cannot for the life OF me understand
Why people should buy them at these
levels. We arc close to period when
there will be a general leveling off in
market values that will cost spectators
and investors a whole LOT Of moneNn
New-York tribune., 1920-02-01
General Motors

A man who boldly offered 70 bet a
nice, round SUM OF money on FRIDAY
that General Motors common stock
would sell at $50 q share before it sold
at 306 could find no one to take him Up.
The stock was then selling in the neigh
borhood of 318. Yesterday, when Mo-
tors had broken TO 3os and looked like
going still lower, he WAS "conspicuous
by his absence" Unfavorable develop
ments with regard to the capital read
justment program are said to have
been responsible in measure for the
weakness of the stock yesterday.
New-York tribune., 1920-02-01
Dividends
Extras
XXI

. n."ier Mills Compan,-A1 ox.ra ..st
.4at. oI 20 share has been declared II
40 eoss'oh 70 the regular quarterly divsdend
~ ~ - snare boLh payable February IL
- ''ocAnoiders OF record February 5.
Regular necfarn,ions
New-York tribune., 1920-02-01
Money and Credss

I'll scarcity 81 money for stock mar
80 uses was gain forc bly, brought 20
adj Streets attention lest wee. wne1
4tes SCARED to the highest Levels for
year The sopRly # furd WI les
p tv re preaarstions OF oa' ks to
.el heavy COVE rmert With frawHls
u.rro'v estimated an $75 A09,N.l
here also new iesue Of
ary cettlfeatea Payments on
ei mus, ba made
u fra a@y tao caI money rate ~
rrcd - Do per cent, after opeuire
ta reueV'ng at g. per cent, the hIgl
renewal rata -i're january
e0 the cate waa aef' cent Han1eya
af rQ ra -ease la tie Stock lA
'fa4 l.-.N.l .N tFV Hear ftttgD
grf ou t1ft coul0 erc'al hut
10 any lreas rs
Use3 fuc
tarNy n leiera r.,
49, ala. li.o money, which nae
READ .aCeN fEe sc8rci.y 1.
aeFas teNr5 eas qlctec at Tie e..l.
eles at 9 per cent Tbs rae
aa -o ue the biz since The III
rallon " tae FoderAi Reserve ss-
uaok ~!earngs - Bank clearrgs Ia
o1k ana QtReT c.tjes yealefoa1
cfe.
Exchanges, Balances
New York .@ae5,297.9N5 s7s.is7.75a
estoa $500. b2,8l6 Soa i7d2a,lla
1hu4delpnia 81. 6e.l68.3l7 l9.a4l081
ub-Treasury- United states Fedets
We crecit balance, S46,96S $50
Silver LONDON, SID; New YORK.
$l38 Mexican dollars, s. 02.
New-York tribune., 1920-02-01

Silver - LONDON, s9d New YORK,
- 80 Mexican dollars, slo2
New-York tribune., 1920-02-01

iark ~!ealings - Bank c,eanugs Ia
oIk enu utReT c.ties yes-afoaA
New-York tribune., 1920-02-01

eub-Treasury Statee fedeta
We credit balance, s46,96S o30
New-York tribune., 1920-02-01

E.CT0nEgs. Ealance8.
New York $500, ,287.8N7 s7o.lS7. .75a
.Qstoa ....... 9.6l6 500 i762allS
hJiadelpnia ... So a,l68.3l7 l9,a4l031
New-York tribune., 1920-02-01
Cost of one dollar
'oreign EXCHANGE

Quoted dollars to the pound
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-05-02
THE STORY THE WEEK HAS TOLD

the boundaries of that country cannot. 1T IL
generally felt by the best authorities In this
country. but be declined.
= The acceptance of any such otter wouHl. in
the final analysis. have to be made by the tSen-
ate. and there Is every reason to believe in the
light of the established attitude of that body
toward such propositions in general thai It
would not be forthcoming. Students OF the
Constitution Of the United States aver that
President Wilson might accept nominal man
date. but that the means necessary to carry
out such an obligation would necessarily have
to be supplied by Congress-
In view of these considerations It is deemed
more than probable that the Invitation viii
by whom 1t was extended were undoubtedly
quite fully aware that such would be the case.
but polite method of saying to this county:
Gentleman. you must either put up shut
sentiment toward that suggestion For ve,y
obviously II the United States is unwilling to
assn 70 Its shares Of the IN
suggestion as to the basis upon which that
restoration is to be carried out would be en-
Under the circumstances 1t is interesting
to note that the German peace treaty Is up
again" 1t may very we'll be that. as the ma
ton has been afforded opportunity to see
the embarrassing position in which it has been
placed a result Of the failure to ratify the
pact in one form another, the condolences of,
those responsible in the position they have
elected has been shaken. At all events. and
whatever the inspiration. a recrudescence Of
the fight to ratification has been noted.
With Senator Underwoods succession to the
position of democratic leader in the Senate
has come renewed agitation from the mild
reservationists. with a view to reaching a
compromise with the new minority chief.
From the White House comes word through
unofficial though creditable source that the
peace treaty will be returned to the Senate
some time during the summer. and that with
yr-i1l phyyoSf
up by the President himself Some time dur
ing the summer" might we'll mean almost any
lay from now n. and there is little doubt but
that il the situation at the Capitol gave prom
Use OF even fair hope for successful result in
another effort. not day would be lost
orally regarded futile. Of obtaining peace
without definite action upon the treaty OF Yer
sailles Word comes from the Capitol that
Senator Knox has completed the redrafting Of
the peace resolution adopted recently by the
House. and that. in the less complex form in
tee upon Friday. the measure will shortly be
offered for the action Of the Senate Even
granting. as would probably be the case, that
the resolution will pass in that body and be
change in the assurance that 1t will forthwith
be vetoed by the President and that sufh-
Client number of votes could not be mustered
to pass it over his disapproval
The revolution in Mexico continues to spread
to the rebelious forces. drawn in part from
the general populace and in part from the Car
rama forces themselves. Though the State
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-05-02
BY NEWBOLD MOVES.

ME- agreement reached at San Reno
In the eleventh hour Of the confer
ence of the allied premiers there has
been welcomed by the civilized world
as OF vital and far-reaching Importance in
the business Of European reconstruction.
Coming as it did when the threat Of q serious
breach between England and France OPP
pressed a world fully conscious Of what the
significance of such step would be. the
word that a settlement had been reached and
that the leaders Of the allied nations were In
accord was doubly grateful.
There has been q tendency in the United
States to suggest that the final harmonious
outcome was merely a surface posture for
enemy consumption and that the differences
between England and France remained as
wide as they before the conference 1t
is true that every consideration Of selfish
diplomacy would have required demonstra-
It is equally true. however@and the Truth was
recognized by all concerned-that com
had to be reached Nor is there any evidence
to support the insinuation that France and
ao Haa the Of
other toward the work ahead
Lloyd George has and understood the
honest dread in France Of reprisal from a
revived junkerdom and the result comes
word from the supreme council that the allies
prepared to take all measures-even to
the occupation of additional German terri
tory-to assure the carrying out OF the treaty
Of Versailles. This with the affirmation that
they have no intention of annexing any part
of German territory, however. Millerand saw
and understood the common sense OF the Brit
ish belief that Germany must have chance
to re-establish law and prosperity within her
borders II there is to be any hope OF carrying
out the economic clauses Of the treaty. And
so we have the invitation extended to Ger
many. contingent upon evidence that she
to discuss with them any questions which
affect the internal order and economic we'll
being Of Germany. 1t is very generally an
ticipated that one Of the outcomes of this
invitation will be the fixing of a definite
amount to be paid by Germany as war in
1emnity .
treaty with Turkey though it remains to be
seen just what the Turkish attitude will be
toward the provisions involved. mutual
policy toward Russia has been adopted, by
which the committee Of the supreme economic
council is instructed to negotiate for CONNER
cial arrangements with the soviet representa-
tive, Kassin. These are the main features OF
the outcome of the conference and in point
of view of time expended and results attained
Jim and Jane will be inclined to wish that the
midwinter sessions at Paris in 1919 had trans
pired in the SUMMER atmosphere Of south
Italy.
The formal request of the supreme council
that the United States accept a mandate for
Armenia and arbitrate the differences over
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-05-02
CONGRESSIONAL LEADERS MAY
OVERHAUL NATIONS CALENDAR

the date Of Inauguration late in April,
advance the date Of Inauguration to
early in January. coincident with the
beginning of the new Congress.
At present the appropriations for
the first fiscal year of the new ad-
ministration are voted by the retiring
Congress. unless. as happened In the
Sixty-sixth Congress, there has been
deadlock and bills have failed, ne
cessitating an extra session of the
new Congress
The last Thursday in April has been
named in a proposed constitutional
amendment as substitute for March
: as the inaugural date. This has
historical support because 1t was on
that day that George Washington was
first inaugurated. 1t is also ideal for
! ceremonial in this latitude.
Should il be considered in the
reformation of the calendar to bring
the new Congress in session stimuli
raneously with the induction Of the
President into Office. there would be
time before the LIST of July for the
enactment of the appropriation bills
for the next fiscal year
Leaders in Congress who have been
studying this question see one objec-
ton In the way of January in
augural and the converting of the
new Congress. BY the Constitution
| il is now provided that Congress shall
act as the canvassing board for the
election of President and Vice Presi-
| dent. II the Inauguration takes place
early in January the old Congress
must canvass the electoral votes be-
fore that date. There is but little
time for such a procedure II the cleo
ton remains as now fixed in Novem-
Der. A change of the election vote
to October would give more time for
this procedure. and this suggestion is
being given considerable thought.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-05-02
JUDGES IN CASE
OF DISQUALIFICATION DEBATED

I the six necessary for a quorum could
| sit. The litigants would be perfectly
! helpless to obtain a decision Of the
court under such circumstances. The
court could not function and would b
powerless to act.
Members of Congress do not like to
have the courts upset and throw out
laws that Congress may enact. Yet. It
is pointed out. less than a majority
of the Supreme Court may do that
very thing, if two or more of the jus
tees happen to be disqualified in any
case involving the laws Of Congress.
In his bill, Mr.. Brand proposes that
the President shall be notified by the
clerk of the Supreme Court as soon as
it is determined that any justice Is
disqualified to try any case pending
on the docket. and that the President
shall proceed Immediately to desig-
nate a judge of the circuit court of
appeals to take the place of the dis
qualified justice. The appointment will
be sent to the clerk Of the court and
inscribed on the minutes of the court.
resentatives who are inclined to scoff
at this plan. They say that for more
than a hundred years the Supreme
Court has operated without any seri-
Gus difficulty Of this kind. They are
opposed to any temporary" appoint
ments to the supreme bench. They
question the constitutionality of the
proposed act.
The Constitution says that the
judges of the Supreme Court and other
federal court shall be appointed by the
President, with the advice and con-
sent of the Senate. The Brand BILL,
they contend, would provide for ap-
pointment of temporary justices by
the President for limited period.
and not for the confirmation Of their
appointment by the Senate.
They say, too, that il the thing
were carried out to the end, it might
be possible that some day a majority
of the presiding Judges in given
case would not be permanent mem
bers of the court, but merely Of tho
at all, they say: There exists no
statute today which would authorize
the appointment of judge to pre-
side. in the place of disqualified
justice in any case before the Su-
preme Court.
In many states Of the Union, when
a judge of the supreme court of the
state is disqualified to sit in a case
because of interest, as frequently
happens. authority is given the gov
ernor to appoint some competent
Judge to take his place. There is
just as much reason. Mr.. Brand
contends. to give the President SIM
liar authority with regard to the
appointment of judges to sit on the
Supreme bench when some of the
members are disqualified. He insists
there is no politics in the proposal.