davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-11-08

ing the venturesome in color OF
design; the ready to wear assor~
nents backed Up with custom
made department,
And particularly evening dress
shirts and collars, which are as unques~
tionably correct as the evening clothes
and boots, and ali the evening dress
accessories shown in the room espe-
eially set apart for them
One could keep on, mentioning
pajalnas, from the sheerest India silks
to imported fanneis; sweaters and
knitted golf waistcoats, walking
boots, brogues, oxfords and dancing
shoes, tweed caps, felt and velour
hats-llntil wardrobe trunk would
be needed for ones purchases
What Man Wants IS all here
and What q Mans Chauffeur Wants,
as we'll, even to a chautfeur's over
coat Of genuine imported English
box-cloth.
The Mans Shop extends xoua COZ
dial invitation to call
this morning, this noon, ~
or on the vy9v home N\N
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
WOULD RE-ESTABL|SH
BEAVER IN STREAMS
OF WHITE MOUNTAINS


CONCORD. y. H.. July H.--An Ell
fort TO re-establish the beaver on the
streams and meadows of the White
Mountains country from which II long
since disappeared is being made by
the Society for the Protection OF New
Hampshire Forests.
The Lost River Reservation IS
again the haunt of the dam-buildng
animals. four beavers having been
liberated there as the first step in an
effort 10 return the amphibian archi-
tect to its former usefulness. Within
the steep walls of the Kinsman Notch,
through which tumbles Beaver Brook,
a misnomer in recent years, the bea-
yer will have its favorite topography
in which to propagate and work I'M
der the foothills OF Moosilauke Noun
tain
The animals set free were the gift
of the state forester of Minnesota,
who selected them from a breeding
colony at a state park situated at the
headwaters of the Mississippi. The
beavers are descendants of famil,
introduced to Minnesota from Can
ada. which have multiplied and pros
pered there, and are now contributing
to establishment of the species in
another state.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17

Continued From Rage H.
proval of the Council. 1t was that
presented by Sheriff Thomas S. Dove
for the payment of deputies at the
polls during the elections. Reference
to the law in the matter led the
Council to the decision that they were
not responsible for the expenses OF
stationing deputies at the polls, and
the bill was rejected.
An order was presented by Alder
man Smith and passed by the Coun-
ell that all property owners on streets
on which improvements are contem-
plated be notified that after the inn
provements are made they will not
be permitted, for a period of three
years, to open the surface of the new
street for the purpose of laying new
gas, water, or sewer pipes. The. or
der was regarded by the Council as
being important in view of the fact
that on previous occasions it has
happened that only a few weeks after
street improvements have been made
the property owners have decided to
install new pipes, thereby making it
necessary TO mar the new surfacing.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
INDUSTRY
IN JAPAN HIT BY
MONEY DEPRESSION
ecorrespondenee Associated Press,

tlorrf8pOn0encC A6bOCiateu Eftes.l
TOXIC, June 2O.-The financial de-
preston and the depreciation of cot
ton yarn has placed the hosiery man
ufacturers OF Japan in a critical posi-
ton. Production in nearly all CEN
tiers has either ceased or been re-
duced owing 10 the market prices Of
fered for the manufactured goods and
the closing of the money market.
which has cut the manufacturers off
from their supply of funds.
Scarcity of exchange funds and the
sudden advance of exchange rates
consequent upon the depreciation OF
silver quotations, have helped to kill
the export trade. Where the fall of
silver prices has seriously affected
Asiatic countries, the export Of hois-
cry from Japan has been very seri-
ously interfered with, the buying pow
er of the mercantile community COM
ing TO standstill.
According TO official figures issued
from Nagoya the financial depression
has dealt the severest blow to the
hosiery industry in that district. The
latest returns from the municipal
office show that lis of the 225 fac
tories in Nagoya have closed their
doors and LIS of the 1850 knitting
machines are idle. Thousands of OPP
eratives are out of employment and
the Manufacturers Union has organ
lied support association for their
relief.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
The Financial Greed

Here are the ten commandments of
the financial creed:
1. Spend less than You earn-to
provide for emergency and for oppor-
tunity.
2. Make budget--to dispose of
your income wisely.
3. Keep a record of your expendi-
tures-to see if you stick to your
budget
4. Have a bank account-to guard
your money and TO help you save.
5. Carry life insurance-to protect
your loved ones in case of your death.
6. Have a will-to insure your re-
sources going quickly TO your loved
ones without delay in case you die.
7. Own your home-to get the
greatest satisfaction out of life.
s. Pay your bills promptly-to
meet the moral obligation you owe
those who extend you credit.
g. Invest in government securities
Ito help your country carry out its
obligations.
10. Share with others-to fulfill
your religious and social duties to
those less fortunate than yourself.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
FLEET EMPLOYEES
GO TO WASHINGTON

Remaining employees of the con-
struction and repair division of the
Emergency Fleet Corporation, num-
bering less than 200, will be taken
to Washington from Philadelphia as
soon as possible, the Shipping Board
announced Thursday.
The head Offices of the division have
been in Washington, in the division
of operations building, 1899 F street.
for the past four months, and it is
expected better coordination of the
work of the division will be gained
by taking the rest of the Office force
to Washington from Philadelphia, to
which city it was removed two years
ago
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
WEST ANNAPOLIS
MAY FIRST BORROW
EDUCATIONAL FILM

Miss Mary Land-Mary Webb Lee,
Hartford count; Mary's Chum-Miss
Anne Elizabeth Snyder: Mrs Bawlem
Miss Anna Lee Baldwin; Mrs.
Muchdough Miss Alice Esther
Hanna
The story of the plot briefly, is as
follows: Miss Mary Land. high
school graduate, is in doubt as to
what she will select for her life's
work until she sees poster of the
State Board of Education calling
young men and women to enlist as
teachers. This decides her, and the
scenes following were taken mostly
at the Normal School. Here are
shown the delights of course at the
States big institution.
Graduation day arrives for Mary
and she is shown being presented a
diploma by Governor Richie, before
an enthusiastic audience. The Gov
ernor is quoted as saying:
The pay of teachers should be
at least equal to that of callings
that require the same amount of
talent and training. The teacher
must receive as much pay as
those of nearby States.
The final scenes depict the life of
the young teacher in her school viii
lage, where she is respected and
looked up to.
DR.. Fawcett stated that the pic
lures will be loaned to any parents
and teachers club which may wish
To have them for a performance.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
NAVY OARSMEN
ARE PINNED FOR
OLYMPIC TRYOUT

the United States in the worlds
classic. No Naval Academy crew ever
had such wonderful opportunity, and
the oarsmen regard themselves as for
tunate youths. and are straining every
nerve 10 prove themselves worthy
Not only in the Navy but among those
whose interest is general IL is re-
garded as specially fitting things
that the youths of the Naval service
should be their country's representa-
tives in aquatic sports.
Decide College Hon0rs. Too
That college honors of the year viii
be decided in this race rests upon the
Tact that the Naval Academy and
Syracuse have defeated every other
college crew and have made an even
break in their two meetings With each
other. AS long as it appeared thar
there would be no further meeting,
the Naval Academy claimed the adj
vantage in view OF the fact that its
crew won in the later race and by a
bigger margin, but it is now conceded
tina 1.-THE third race will carry the de-
cision. Not often has there boon so
exciting a finish to a college racing
season, but this phase is oyershadow-
ed by the fact that the meeting will
decide as to the representative crew
of America.
The remarkably regularity OF the
Navy oarsmen as to weight, height
and age is apparent. The tallest oars
men, Jordan and Sanborn, are two
inches over six feet, and the shortest,
Gallagher, one inch under. The heav-
lest, Sanborn, weighs 1S2 pounds, and
Jacomini and Jordan are tied at It's
for lightweight honors. Graves, the
captain of the crew, is %, while the
others range from 20 to %. The ply
steal symmetry tends to evenness OF
stroke and perfect rhythm, always a
great feature of Glendon coached
crews
Coach Glendon does not hesitate to
say that in all the is years he has had
charge of rowing at the Academy he
has never had such satisfactory condi-
lions, and added that his charges were
in splendid shape and ready to give
the best that is in them.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17
SERVICE STAR LEGION
TO INCORPORATE
IN MARYLAND

Through the activities of COM
mittee of Baltimore women. Mary
land has been selected as the place
for the incorporation and Baltimore
the headquarters of the Service Star
Legion. formerly the War Mothers
of America
This committee, consisting of Mrs.
J. Barry Mahool, Mrs. T. Parkin
Scott and Mrs. Henry F. Baker, OBJ
tanned the consent of all the other
Sttae units of ! the organization
through plebiscite just completed.
No time was lost The incorpora-
ton papers and copy of the charter
we're filed Thursday with the State
Tax Commission by Oregon Milton
Dennis, who has volunteered his serv-
ices as legal counsellor to the or
ganization.
City As Headquarters
Incorporation has been decided on
at the convention held in Baltimore
last year, and Immediately afterward
the leaders launched a campaign to
have the legion incorporated there
and to have Baltimore made the head
quarters. The nearness of that city
to Washington and to the other big
cities of the Eastern section of the
country were advantages pointed to
as favoring Baltimore.
The committee decided not to wait
until the converting of this years
convention, to be held in Des Moines,
Iowa. Securing consent of the other
State branches in advance of the con-
vention, however, proved difficult
problem. The committee finally de-
cided on a plebiscite, which was sent
broadcast throughout the country and
in which the superior advantages of
incorporation there were emphasized.
Purposes And objects Advanced
The chief purposes and objects as
set forth in the charter are as fol-
lows:
To protect and preserve Ameri-
can ideals and traditions.
To foster and maintain the
principles Of justice, freedom and
democracy
To cooperate in all civic and
patriotic work conducted in
every community in the United
States.
To foster a spirit Of sisterhood,
comradeship and democracy
among women.
To promote and guard the well
fare OF the soldiers. sailors and
Marines who were engaged in the
World War and to lend aid and
comfort to their families.
To preserve and cherish the mem
DRY of the men and women who
sacrificed their lives for the lib
erty of the world
To promote. erect and maintain
local. State and national men,
orials 10 the men and women of
the World War.
The Incorporation in Baltimore and
the charter will be submitted for
mally to the Des Moines gathering
for ratification and approval. There
is believed TO be no chance of both
failing Of approval.
The Danube river flows through
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17

The Danube river flows through
countries in which 50 languages and
dialects are spoken.
Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-07-17

In the whole British Empire there
are available 30,000.0O0 horsepower
to be developed by water power.
New-York tribune., 1920-04-25
Told to Buy American International

Question-Do you consider American In
ternationa Corporation a fair investment
Was told to buy all could, put it away and
forget about it, and results to come
per Oil and Gas. formerly the property of
Ambassador Davis? Not long ago I read
earnings Of American Safety Razor in your
paper. Does this stocw show any strong
features to justify its sudden rise on the
exchange &C. de M.
Answer-Much depends upon whether
you are in a position to purchase Sc
curties and forget them, as you say
In our opinion, one must be rather we'll
supplied with this worlds goods in
order to do so. No doubt many for
tunes have been made by people who
have bought securities and, regardless
of their fluctuations in the market, have
"sat tight" because they believed in
them. Possibly American international
is one of these securities. 1t is man.
aged by men we'll known in the bust
ness and financial world. Yet we re-
gard the stock as a speculation, not an
investment The powers of the di-
rectors are practically. limitless. They
may buy and sell securities ad libitum.
The company is strong financially, to
be sure, and earnings are ample at
present to care for current dividends.
The only information we have regard
ing Vesper Oil and Gas is that the
DeateX Petroleum is said to have ac-
quired control. The American Safety
Razor Company is reported to be doing
larger business at present than when
it's last report was made public. This
may account for its recent strength.
New-York tribune., 1920-04-25
Why Liberty Bond Prices yarv

ouestion-Will you kindly let me know
why the second Liberty Is, second 4 As and
fourth ANS are selling so much lower than
the other issues IN. A. +.
Answer--Liberty 31s per cent bonds
sell higher than other issues on ac-
count of their exemption from all sur
taxes. The first per cent and Az per
cent sell higher than other d per cent
and 4A per cent issues because there
are comparatively few outstanding and
there has been less selling pressure
from the holders. This was originally
3k per cent issue, and the privilege
was given to convert into per cent
bonds, and again into Az per cent
bonds. The first second converted Az
per cent bonds, of which there are but
s1,750000 outstanding, sell considera-
bly, above the other issues. This is due
to the small amount and also perhaps
to the fact that they are tax exempt as
to the interest on not to exceed $50 900
bonds, regardless of ones subscription
to the fourth loan. The second con-
verted Az per cent bonds are tax ex-
empt as to the interest on not to exceed
$45,000 bonds in connection with ones
subscription to the fourth loan. The
third Az per cent bonds are due Sep
tember Is, 1928. They sell higher on
account of the maturity date. AS a
matter of fact, this issue, if held to
maturity, shows higher yield than the
second AZ per cent issue. The Victory
3A per cent issue is exempt from sur
taxes. The Victory Az per cent issue
now yields over 6 per cent if held to
maturity on May 20, 1923.
New-York tribune., 1920-04-25
Not All Of Same Grade

Question-Daily reading of The Tribune on
investment reports is certainly interesting
and valuable. AS you handle them SO care
fully and masterfuly. 1 solicit report on
the following. as l am about to invest: Cru
sader Films Corporation of America, Pitts.
burgh Tin Plate and Steel Corporation,
Libby, McNeill & Libby, American Safety
Razor, British American Tobacco, Guanta-
namo Sugar and Acme Coal OF these which
DO you consider the best for consideration i?
M. v. B.
Answer-All these stocks are in the
speculative class. though they are not
all of the same grade. For investment
purposes we would eliminate the first
two entirely, as they are still largely
in the prospective stage. British
American Tobacco and Libby, McNeill
& Libby have both been good earners
over period of years; still. because
dividends are not fixed, as in the case
of preferred stocks, but subject to
change in accordance with earnings,
the element of speculation which at
tends the purchase of such shares
should be recognized. This is even
more true in the case of the other three
concerns named, since they are newer
organizations.
New-York tribune., 1920-04-25
$4,000 to Invest

Question-In few days will have about
SO 900 to invest. I have considered Liberty
bonds and Dominion of Canada 1881 notes
for part of it. Will appreciate your advice
in the following investments, namely, first
class railroad industrial bonds and pre-
ferred stocks to net about per cent
+. D. M.
AnswerAll forms of investments
have declined considerably of late.
Most issues of this class are selling on
more attractive basis now than they
were few weeks ago. Liberty issues
have made new low records and yield
well over 5 per cent. The Victory Az
per cents yield over per cent. Do
minion of Canada per cents, 1881, ap-
pear to us to be good investments at
the present time. The following bonds,
all first mortgages, yield per cent and
over: Chicago, Milwaukee & St. Paul
general 4s, 1889; Chicago, Rock Island
q Pacific general 4s, 1888; Central Pa
cific refunding 4s, 1949; Chesapeake &
Ohio consolidated IS, 1889; Illinois
Steel 411s, 1910; United States Rubber
first 5s, 1949; Virginia Iron, Coal and
Coke first IS, 1949. The following pre-
ferred stocks, all seasoned, yield over
6 per cent: United Drug first pre-
ferred, United States Steel preferred,
National Biscuit preferred, American
Car and Foundry preferred, American
Tobacco preferred and General Chemi-
cal preferred.
New-York tribune., 1920-04-25
Could Be Better Secured

Question: note that you say that the
lhcago. Milwaukee & St. Paul Railway is
Do you think eherc is any doubt as to the
security, of their ~ per cent convertible
bonds. due 1922 Also, what do you thinl,
OF the security behind the per cent notes
OF the Seaboard Air Line Railway, due Sen.
tember is. 1919. but extended to September
1890? Win 1t not be difficult for them to
refund these notes &C. w. L.
Answer-Unless there is a great i'm
provemcnt in the earnings Of the St
Paul road, the junior bonds will not be
as well secured as holders could wish
1t Is our opinion. however, that there
will be an improvement in earning
power. The railroad situation is yery
complex at present. The earnings OF
many roads show increases over last
year, and with higher freight rates it
seems likely that the St. Paul will be
placed upon much moro secure basis
The Seaboard Air Line notes arc due at
a time when there will probably be
considerable demand for new capital by
number of the carriers. Tho company
may have to pay high for It's money
but wc believe 1t will manage to obtain
the amount necessary to refund tho
noteas
New-York tribune., 1920-04-25
No Southern Pacific Preferred

Question: hold 200 shares of Southern
Pacific preferred stock, which was willed to
me. 1t was bought several years ago at
about 120. At the present conditions of the
railroads. would you advise me to keep it
or sell? If you will advise me about this
will be very grateful. If I sell it. what
will l invest in 1t now pays $1,000 year.
Could I get that in a much safer invest
ment, or would it be better to take less
/ income and more peace of mind Mrs.
G. G. A.
Answer-There is no Southern Pacific
preferred stock. The present capital is
all of one class. The company is one
having vast interests. including rail
road and steamship lines and large oil
properties. 1t is speculative, and al
though it sells higher in proportion
than any other dividend paying rail-
road common stock, with the exception
of Reading, it seems to US that, for
pure investment purposes you could
place your funds in a more stable Sc
curity embodying greater Investment
features. There are many railroad and
corporation bonds at present yielding
6 per cent, besides many seasoned pre-
ferred stocks offering still greater
yield. Among these are Chicago, Mil
waukee & St. Paul general a per cent
bonds, Chicago, Rock Island & Pacific
1st per cent bonds, Chesapeake &
Ohio consolidated per cent bonds, the
Illinois Steel Az per cent bonds, the
new Pennsylvania Z per cent bonds and
United States Steel preferred, Central
Leather preferred, General Chemical
preferred and American Car and Foun-
dry preferred.
New-York tribune., 1920-04-25
Mechanism of Short Sale

Question-Will you kindly explain for me
the mechanism of a short sale on the New
York Stock Exchange? l was under the
Impression that the broker making the sale
had to deliver actual stock. which he obtained
by borrowing from bona fide holders. But
have recently seen statements that Allan
Ryan and his associates probably control
more Stutz stock and contracts than the
total of stock issued. which would be ,im-
possible under the above procedure If only
contract is delivered. to what extent is it
firm, and for how long does it run? If
actual stock Is borrowed and delivered in
whose name-in the case of registered stock
does the stock stand? If it remains in the
ceive it; ii transferred to that of the buyer,
what protection has the owner? Do Stock
Exchange houses accept orders to sell short
as readily as orders to purchase on margin,
and how does the average margin required
for short sale compare with that for a
purchase ?-J. D. H.
Answer-Your understanding of the
mechanism of short sales on the New
York Stock Exchange is correct. How
ever, there are large dealings in odd
lots of stock. Odd lots are not bor-
rowed, as a rule, but the broker simply
fails to deliver pending his receipt of a
sufficient amount. In the case of Stutz
this created situation where more
stock was sold than there was outstand-
ing. III tne case OIL lUU-Share lots sold
short the seller borrows the stock in
the loan crowd Stutz stock was among
those known as clearing house"-in
other words, the stock borrowed went
through the brokers' clearing. house
sheet when he borrowed it Just the
same as though he had bought it, tick
cts being exchanged. 1t is Endorsed by
the owner, thus making it good de-
livery. The loan stands until either
party wishes to terminate it, the in
terest being arranged between the two
parties. The protection to the owner
in this case consists of his having a
contract through the New York Stock
Exchange house with which he does his
business, which, in turn, has n contract
with another New York Stock Exchange
house. 1t was due to the fact that bor-
rowers Of Stutz were unwilling to pur-
chase stock in the open market at such
high figures, thus being unable to re-
turn their borrowed stock, which Gre
ated this unusual situation. In accept
ing orders for the short sale of stock
most brokers are governed by the par
tcular stock in question. If the broker
believes the stock to be in small supply
he may even refuse to accept the order.
In the case of active stocks in plentiful
supply the margin requirements are
usually tho same as in the purchase of
stock.