davidaulloa/AmericanStories huggingface dataset:
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
TANEYTOWN.

Ernest II. Ecker, OF Bd1LInOT0 spent
the weeks end with his parents, Prof.
Harry E. Ecker and wife.
ID. B. Shaun had his right arm
broken between the wrist and elbow
while trying to crank his truck.
On Sunday afternoon while the
children of oscar d. Sell were taking
walk on the Taneytown Emmits-
burg State Road. car driven by
young Stonesifer, Of near Emmits-
burg. in attempting to pass another
car. collided with little Bobby Sell,
Knocking him down and cutting the
left side of his face and injuring his
nose, requiring several stitches to
close the wound on his face. After the
accident, Stonesifer took the. injured
boy home, along with his brother and
sister. and Drs. ,Seiss and Roop were
Summoned, and worked two hours
over the injured boy: The accident
occurred near VIM. F. Bricker's,
about 90 o'clock Sunday afternoon.
Resort says the children were off the
concrete, but that the car was on the
left side of the road, travelling toward
Emmitsburg, while the children were
travelling towards Taneytown, and
that the car was running at high rate
of speed. Anyway, the child we think
is lucky in spite OF his injuries to es-
cape death.
Quite large delegation of our
citizens attended the Odd Fellows
celebration in Westminster on Tues
day evening.
MIR. Goldsmith who purchased the
late Jacob Baker farm, had the mis-
fortune to have his foot crushed on
Monday by having the tractor pass
over it.
While standing at the blacksmith
shop of Leroy Smith on Friday last
Clarence Shank was kicked by
horse owned by Elmer Crebbs, injur-
ing his kidney. He is in a serious con-
dition. The horse was always quiet
and never known to kick before.
Harry Lambert, wife and daughter.
ethel Mrs. Mabel Tompson and Lee
Roy Smith spent Sunday in New Ok
ford.
While on visit to her sister, Mrs.
Oliver M Grouse, of Westminster,
WHO is at a Baltimore Hospital, Mrs.
Nettie A. Weaver had the misfortune
to fall down the steps breaking her
left arm above the wrist.
G. Walter Wilt and wife, Walter A.
Bower and D. J. Hesson are attending
the Bankers Convention held at At
1antic City this week.
Miss Carmen Shoemaker, of Me-
chahicsburg, Pa, spent the weeks end
with her parents, Norville P. Shoe
maker and wife.
Madison Lloyd and family, of Balti
more, spent the weeks end with Mrs.
Sarah Babylon.
Earle Rooms, of Philadelphia, spent
the weeks end with his parents, Mr..
A. Rooms and wife.
Master David Ohler, son of Charles
Ohler, had the misfortune to have
a roller pass over him on Friday last,
bruising his leg and other wise in
turing him to the extent that he has
TO use crutches.
John Aulthouse, who has been en-
ployed as driver for the Grain and
Supply Companies delivery wagon has
resigned. His place is being filled by
Charles Hawn,
M. J. Myerly and wife, of Kingsdale,
entertained Eli M. Dutterer and wife
on Sunday.
John G. Skunk. of Westminster,
called on his sister, Mrs. Frances M.
H. Ioe
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21

Saturday, May 20, at 2:3O p. m, the
Sunday School headed by the p o. 5.
of A. Band, at Pleasant Valley will
march to. the cemetery and decorate
the graves. Prominent speakers will
be present.
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21

st. Mary's Reformed Church
Bible school a. M; worship, with
sermon, confirmation and installation
of officers, at 10 a. m. C. e. at $50
D. m. Catechetical class Saturday,
2 D. m. Rehearsal for children's day,
Saturday, 800 p. m. Everybody well
come. John S. Adams, pastor.
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
'ly Swatter Sc and 1Oc
liver Polish 35c
Screen Door Springs Sc

Don't let door and hang open for the
of spring when you buy good strong
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
SYKESyILLE.

Miss Ida Jones entertained the Up
fo-Date Club last Friday.
j. Thomas Harris, of Park Heights
avenue, Baltimore. has been recent
guest of friends in Sykesville.
Rev. Boiling Hobson preached a
very fine sermon Sunday afternoon
in Springfield Presbyterian church.
He, will also preach here the first
Sunday in June at $50 in the after
noon.
Miss Mary Morris spent weeks end
in Baltimore.
The W. C. T. U. met last Tuesday
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
Iawk and family. Of silver Run


Hawk and family, of Silver Run
Mr.. and Mrs. A. c. Heiser and sons,
Edwin, Roy and Malcolm spent Sun
day with Harvey Tressler, of Ulrich-
town.
Miss Martha Miller visithd her
grandparents, Mr. and Mrs. Daniel
Bair, of Lfttlestown, on Sunday.
Mr.. and Mrs. oliver Hesson and
Miss Ester Bair were guests of Mrs.
Hesohs uncle and aunt, Mr.. and Mrs.
Frank Thurman, of near Silver Run,
on Sunday.
Those who spent Sunday with Mr..
and Mrs Samuel Hawk were Misses
Elizabeth Hawk, of Littlestown; and
Mary Bish, of this place; Messrs Sam
uel Hawk, Of Silver Run; Lester and
Clarence Shoemaker, Walter Lennon,
Earl Edward and Robert Bish, of this
place.
Mrs. John Sauerwein has returned
to her home after spending several
weeks with Mr. and Mrs. Samuel
Hawk, of netar Silver Run.
Mr. and Mrs Paul Miller and
children spent Sunday with Mr.. and
Mrs Emanuel Wa1lick and family,
of near Littlestown.
Miss Alice Hawk spent Monday at
Frederick.
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
CARROLLTON.

Sunday school in the Bethel at $50
a. m. Christian Endeavor Missionary
at 7.S0 p. m. A special offering will
be lifted
Rev. Meyer i, ow. in a brsr III in
York. Pa.
Little Ollie Blizzard, who has been
sick for the past week, is little i'm
proved.
Children's day will be held in the
Bethel Sunday morning, June 6.
Mr. and Mrs. J. A. Lynch and fam
lily, of Baltimore, spent the week S
end with their parents, Mr.. and Mrs
Jacob Lynch
Mr.. and Mrs Frank Snyder have
purchased a Chevrolet car.
Mr.. Guy Arbaugh, Of Baltimore
spent the weeks end with relatives
Mr.. and Mrs Charles Frank ant
family, of Baltimore, were guests d
Mrs. Franks brother, Philip Horpel
and family on Sunday.
Mrs. W. H. Grouse was taken to the
Maryland University Hospital las
Saturday, where she underwent ar
operation for appendicitis. Her many
friends wish her speedy recovery.
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21
GAMBLER

There will be Christian Endeavor
at Providence Methodist Protestant
church Sunday evening at 7.3O
o'clock. Topic. ''Will A Man Rob God. !"
Leader, Miss Flora A. Barnes. All are
welcome.
The Christian Endeayor Society Of
Providence Methodist Protestant
Church will hold an ice cream and
strawberry festival June 5, in the Jr.
&c. L. A M. Eel at Gambler.
Mr.. and Mrs. Clinton Shipley spent
Sunday with Mr.. and Mrs. A B. Cole
man.
Mss Blizzard, of smallwood, spent
the weeks end with Miss Hollis
PrUgi.
MIR. and Mrs. David N. Lester, Miss
Annie Leister, Mr. and Mrs. Jabez N
Barnes visited friends in Hampstead
Sunday.
Miss Dorothy Barnes spent Sunday
with Mr.. and Mrs. Joshua 7. Barnes.
The Ladies' Aid Society of Provi-
dence Methodist Protestant Church
will meet at the home of Mr.. and Mrs
Jean Green, Thursday, May q, at
p. m.
The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1920-05-21

afternoon at the home of Mrs. Car
RE Gather and had a very interest
ing session. The next meeting
will be in the church at Gather, sec
ond Tuesday in June
The many friends of Mr.. Basil Dor
sey, who was seriously hurt last
week by being caught in drag when
the horses took fright and ran off.
are glad to hear he is holding his
own at Maryland General Hospital,
in Baltimore. Mr.. Dorsey had his arm
taken off,
Miss Ethel Emmart, of Baltimore.
was weeks end guest of Miss Ruth
Bennett.
holland Fairbank was taken to
Maryland University Hospital, in
Baltimore, last Fridays and was oper-
ated on for appendicitis. He is getting
along nicely
Miss Gladys CLANCY, of Baltimore,
has been visiting her grandparents,
Mr.. and Mrs. George Schrade
Mrs Edwin Mellor and children, of
Westminster were weeks end guests
of Mrs. e. NJ Mellor. The Mellor's will
move here shortly to spend the sum-
mer.
Nathan Hobbs, who has just re-
Gently gotten his release from the
army is attending Business College in
Baltimore City.
The family of Mr. Joshua Barnes is
down with the measles.
Miss Mollie Shipley slipped and fell
in the yard last Saturday afternoon
and broke her shoulder bone.
Mr. VIM. Shipley is at Atlantic
City attending the bankers convent
ion.
Mrs. Clarence Brown and daughter,
Eugenia are visiting in Washington.
New-York tribune., 1920-03-14

logging railroad twenty-five miles long
and sawmll Of 10000 feet daily
capacity. The North American Com
pany also owns railroad forty miles
leng used for handling shipments of
pulp to tidewater. The company has a
controlling interest in the Saguenay
light and Power Company. which oper-
ates an electric light and power system
IN Chicoutim and surrounding dis
trict. Other subsidiaries control and
operate 900 miles of telephone lines
IN II, the vicinity of Chicoutimi and Lake
-. John and connecting with the tele-
phone system entering the City of
Quebec. The capital is s1,554,0 pre-
Ierred per cent cumulative stock. par
Slo0, and 981,973 shares common Of no
par value. No dividends have as vet
been paid In March last year 81. 800
o0O bonds We're foated and a new cor
poration organized to take over all the
public utilities controlled by Che com
pany, which will still control them
through the new company. Net earn
ings for 1913 were $38,OO6. against
$4o,602 for 1917. No report since. The
stock has speculative possibilities only
A great Improvement in earnings must
be shown to cause any substantial rise
IN the price Of the stock.
New-York tribune., 1920-03-14
Oil Shares Up on
Rosy Predictions
For Homer Field

Oi. shares were tho strong spots In
an irregular market on the curb yes
terday. There was active buying Of
several Of the more popular specu-
lative oil issues which resulted In mod
crate gains. The market was called
upon to absorb fairly heavy offerings
in the first hour, which were generally
we'll taken. Outside interest was small.
Shares Of companies operating in the
Homer field displayed firmness on the
statement Of President White, of the
White Oil Corporation, who said that
district promises to be one of the big
gest single producing areas in the
country. Simms Petroleum advanced
about point to 36h, and held it's
gain. Invincible sagged of after get
ting up to 36. international Petroleum
at 71h. was up 2 points from the
opening. Dominion Oil advanced to II
Standard Oil shares were active and
higher. Standard Oil Of New Jersey
advanced rs points to new high rec
ord price of $50, while Standard Oil
of New York sold up to $40, but yielded
to 333 at the close.
In the industrial department Sub
marine Boat came back sharply, rising
to 16 on dealings of 5000 shares. Net
working capital Of the company Is esti-
mated at $l1 ,638,643 on the basis of the
annual report just issued. This Is
equal TO slightly more than SIS share
on the stock
New-York tribune., 1920-03-14
Craze for German Bond.

Ques,on-Before the war | purchased a.
an Investment ten shares of Brooklyn RAND
transit stock, which now shows considerable
loss. which would like to retrieve. Nav I
ask your advice in regard to exchanging NV
Brooklyn Rapid Transit stock for German
city bonds. 4is per cent IT. C.F
Answer-lf you are desjrous Of re-
trieving your loss by speculation, we
fear we cannot undertake to advise YOU.
We certainly regard the purchase of
German municipal bonds as highly
speculative. There has been such a
craze here for German bonds that thew
sell to-day above parity in Germany.
That is more than our own Liberty
bonds do. But German bonds sell
above par because of the great specu-
lative demand for them in this country.
Many people purchase bonds on the
basis that the value Of the mark will
soon return to prewar prices. We be-
lieve this condition to be very remote.
Germany has a hard row to hoe, even
if the Allied powers are willing to ease
up on her. If you look upon your ex-
change Of securities as pure gamble
you may be successful in retrieving
some of your loss. But be sure to look
upon it as such
New-York tribune., 1920-03-14
Considers Taking a oliver"

Question: have some money in stocks
and bonds that | expect TO sell and invest in
railroad stocks. l feel that they are at their
lowest now and will continue to pay their
uiVldends and that they Will soon begin to
rise III value. | can get par for my secur-
ties, $1,000 in the Columbia Mills and IS 600
IN municipal bonds. ) per cent Yield NV
income is not large enough for the income
TAX 10 bother ME. so | thought | would ia akc
chance | thought of buying ten shares
each of the following: Northern Pacific.
Great Northern, Pennsylvania Delaware (.
Hudson and Lehgh VALLEY. At present prices
they would cost about S3.375 and the yield
IS large Those roads have not defaultcd
on their interest payments. would like
10 Know If. in your opinion it would not
be good flyer or specua ion.-B L. NJ
Answer-As you appear to realize the
speculative risk involved in selling your
present holdings and buying the rail
road stocks named, We do not see anv
need for cautionng against such a
move. The possibilities for profits in
buying high class railroad stocks at
present prices are recognized by those
who have made a close study of the
new legislation under which the roads
VIII operate But if you do decided to
take flyer as you call it. do not be
surprised if something goes wrong with
the machinery and the market does a
nosespln 1t is for you to decide for
yourself whether you care to accept
this risk.
New-York tribune., 1920-03-14
Investing Requires 1ntellisenc.

Question--Have noticed on different occs
s,ons IN giving advice under "Investment
.ra;ra sa.us ns.lon you say Keep in touch with
.nalrs ~ al, An. and watch your investments carefully
AZ an simes." VIII you please explain what
you mean by this? Are we to interpret Il
shav, shav y conditions look black the investment
E. A. H. W 'o'e'k" nohos -
Answer--We often hear of advice
gwen to investors to buy certain Sc
cur'ties, put them away and forget
'nem. We do not consider this good
ADVICE When one purchases securities
ne has an interest in the business. He
should keep himself informed aoout
affairs generally and about the COM
panies in which he is interested par
slcularly. He should read the reports
issued by these companies. analyze
them and compare them with previous
ones. When Tsibune readers ask us
ABOUT foreign bonds for investment
purposes we always tell them thnt in
our opinion there is an element of
speculation involved. Obviously il is
more difficult to keep in close touch
with affairs Of foreign nation than
II IS to keep in touch with invest
ments at home. Nevertheless we as
sumo that in purchasing foreign bonds
ior investment one will watch CLOSELY
the political and economic situations
as they arise We believe it requires
conside rable intelligence to become an
investor. We recall an instance of 3
man who invested funds in q public
utility company in far Western state
against our advice. We told him that
ne must be prepared to keep in touch
VIII with the situation in that city, as po-
!lticai situations might arise and he
would very likely hear nothing Of
them. Not very long afterward fight
occurred between the public utility
company and the city, with the result
that receivership took place. The
investor never heard of the fight until
1t was over. For pure investments,
then, we recommend the securities of
Eome corporations. Foreign bonds look
most attractive to-day. vet it seems in
advisable to purchase them and Just
trust to luck
New-York tribune., 1920-03-14
Poor Earnings to Blame

CUES tiot-Woud appreciate information
concerning 1s Public Service Corporation Of New
Jersey per cent gold notes due 1922. Car
you ieil me the name Of their reprcscntatiy,
IN New York City and the cause of thei,
present low price HI. e. T.
Answcr~-The Public Service Corpora
ton OF New Jersey per cent notes arr
secured by pledge of 1900 900. genera
. . per cent bonds and s5,oo0,ooo Public
;oervlce Electric stock. At the time OF
issue this collateral was valued At 121
per cent Of the principal amount of the
notes. The company has had consider
able trouble in obtaining suf1icien,
iares on its car lines. Earnings have
fallen OFT, and the dividend on the stock
i mas been passed. The uncertainty Of
sns sn SITUATION has caused drop in the
company's bonds and notes. We know
of no New York representative of nv
company. Tho main Office is 80 parL
Place, Newark, N. J. .
New-York tribune., 1920-03-14
Wants High Return

Qnestion-l am anxious to ger sorna -
vestments that will bring me a return of
ABOUT per cent. Feel .hat I can atYord ~
take some chances. but. Of course. would H. ~ y
10 De T., rTe.n,sonably sure of being on the safe
sue. VIII you please let me have your onin.
10 ION concerning the following stocks IA snrcu-
latlve lnvestpents: National Lead Comnanv
cCoIninon' C' MlGale Steel common. America y
Totton Oil common International Mot.
iruck first preferred. Pressed Steel CO..
G. H.. anu i>e"h''s b.
Answer-WhiIe many common stock :
al present return per cent and over
tnere IS almost invariably an element
Oh speculation attached to them. Not
only do they fluctuate widely, but earn.
ings are subject to such change from
year to year as to warrant in manv
cases change In dividend rates. For
thls reason we do not as rule recon
mend common issues for pure invest
ment purposes. Although Internationa al
Motor Truck, recent reorganization.
shows large earnings at present. the
hrst preferred stock, in our opinion. ;s
not sufficiently seasoned to warrant a
good investment classification. All the
other issues you mention are still more
speculative, and1 if you purchase them
by all means keep we'll informed re-
gard'ng developments affecting them.
New-York tribune., 1920-03-14
Coupons on British Bonds

Question,WilI you kindly let ME know
Does it not seem a rood invsstn,on. Sec.
present prices ? noticed in one Of vow
answers recently that you called attention ~
t tne iace that coupons of French government
years after they are due Is there INV .;a, NV
siar restriction in connection with Brit;sb
government bonds e. A. H. ''''''
Answer-W We do not classify Midvale
Steel stock as good investment
Earnings are not such as to justify thai
rating for the stock, though it nav
offer good speculative opportunities at
present prices. We have not heard
that there is any time limit placed on
the cashing of the coupons on British
bonds. ~ ''''
New-York tribune., 1920-03-14
United States Steamship

Question-Wll you kindly give me some
,s.a ,oea as to the earning and dividend poss-
hilities of the United States Steamship Com.
pany "A. S. F.
Answer-This company has not vet
issued any financial statement cover
ing operations for the last year, nor
has II made any announcement in re-
gard to dividends. We learn from re-
liable sources that it is now proposed
70 consolidate the United States Steam
ship Company with the United State .
Transport Company under $50, 900 900
capitalization. The latter concern was
organized last year to take over and
operate vessels owned or being built
by the former
New-York tribune., 1920-03-14
porous roads will fare 80 badly as
many appear to anticipate.
The New General Motors

Question--will you be 30 kind a. to tell
n" me an you can about the new issue oi
price, ETC.. to whom issued, your orinion nm
IN investment for rise or for 4 permanent
Investment? l am a teacher earning =
modest income. f, X.
Answcr--The new General Motors
common stock is being issued ten
shares for one Of the old. This does
not increase the amount Of capital out
standing. The present stock pnys s12
per annum. and on that basis the new
stock would probably pay $l.2o a
snare, 81, although there is no guarantee.
me new stock sells for about $50 a
share at present. 1t may be purcha sod
In the market by any one. 1t is highly
speculative and we do not recommend
IT Tor investment purposes. The deben-
ture stock is entitled to a fair invest
ment rating, however.
New-York tribune., 1920-03-14
British Consols

Question-Will you explain British consolsl
Are they on the market as an Investments r I
{. p. ]
Answer-The British consols 21s per
cent consolidated stock was crcaleA
under the national debt act OF 1850
There was q conversion of three other
issues. There are now outstanding
s432,o4s,659. Up to April 5. 1889, in
terest was at the rate of 3 per cent per
annum. and for the fourteen years
ended with April 5, 1908, ga per cent
per annum: Sixty million pounds ster-
ling was issued April, 1901. at 94ls
per cent, and 932 100000 April, 1902, at
931s per cent. The stock is not re-
deemable until April Is, 1923, on and
after which date it is redeemablc in
such order and manner .as Parliame MT
may may direct. at par. Interest is pay
able quarterly, January 5. The present
price in London is about 90 per cent
There is practically no trading in the
issue herc, although they. could readily
ne purchased based on the exchange
rate. The war loans yield more and
for that reason are more popular here.
New-York tribune., 1920-03-14
North American Pulp and PAPER

Question--A friend OF mine has advised
me to buy North American Pulp and Pape,
stock to hold for one year and says / viii
get double the present market price for It.
Will you kindly give me your opinion of this
company and future prospects of same also
eai inings statement? Do they manufacture
the better grade of paper or newsprint? All
iintornation in regard to this company will
be appreciated very much by Newark
reader of your paper.--W. j. r.
Answer-The North American Puln
and Paper Companies Trust controls ]
the Chicoutimi Pulp Company and the
St. Lawrence Pulp and Lumber Cor
poration. The former owns and oper-
ates three mechanical pulp mills two
located at Chicoutimi and the other at
Ouiatchonan, on Lake St. John, all
hydro-driven. The ST. Lawrence Com
pany owns timber rights on tract of
626 square miles and 1000 acres of
land owned in fes1 in Quebec. It has
wooden sulphite mill Of Ito tons
daily caDacity. 1t also has complete
New-York tribune., 1920-03-14
A Instrumentation

Question-Undcr the new railroad law that
takes effect to-day will roads like the Della
ware q hudson and Delawnre Lacknwanna
& Western be allowed to maintain Their pres
ent dividend rates of per cent and 10 per
cent to tn stockholders. If earned or will
they have to psy all over 6 per cent into a
prosperous roads? As reason for asking this
inclose an article published in The Literary
Digest that makes ii appear To me tnat ali
earnings over per cent will have to be
placed III a common fund for roads in the
same region.-E. NJ. D.
Answer-There appears to be con-
siderable misconception regarding Ger
tain features of the railroad bill. This
has caused apprehension on the part of
the holders of many stocks paying
more than per cent in dividends.
People confound capitalization with
property value. The rates are to be
based upon the railroad property value
not upon the capitalization. In the
case of the Delaware, Lackawanna &
western. for instance, the capital is
S42.220 400, yet the road and equipment
are carried at $76,49S,741. You must
remember that the income derived from
other sources. such as coal etc. is
thing apart This is particularly to be
considered in the case of such roads as
Delaware. I4ackawanna 4 Western and
DeiA"are q auQSon. FOR the year 1918
Delaware. Lackawanna e. Westerns net
operating income was $1S,814,392, yet
its other income was $7,828,987. AS a
matter Of fact, this road pays 20 per
cent in dividends, and we are of the
opinion that the amounts received by
stockholders will not be changed ma
terially under the new act. One-half
the earnings over per cent on the
railroad property value of section
will be paid by each road to the gov
arnment, and not all are per cent, as
you have understood it. It will take
some time to determine how the car
riers will fare under the new. act. We
are not of the opinion that the pros