davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1920-01-22
B af'AN ew Tors TEsoAgPnn g1nSary ye no osssldent
sIfRMARINE HOAT CORPORtTIfpN

A semiannugi dividend of fifty cents per share
has this day been declared on the tstanding
CAPITAL stock Of submarine Boat Corpora ton. pay
able February 1th 1920. 10 Stockholders ~ record
al the close ~ business January 81. 1920.
As the Voting Trust has becu dissolved holders
Of Voting Trust Certificates must exchange same
for stock ~ Bankers Trust Company. 10 Wall
Street. New York City. In order 10 receive above
Msr Iork Januarv n, 1890.
HENRY II. CARSE. President.
The New York herald., 1920-01-22

To the Holders of
MAXWELL MOTOR COMPANY, INC:
E::: rfs::ss Fss:s1i i:fs: :sss
CHALMERS MOTOR COMPANY.
First Mortgage
CHALMERS MOTOR CORPORATIONS
e5s%5s 65s1s5sd .sss sss.'
Holders of Certificate. Deposit
Agreement Of Rsdjustment dated 1s1s
mentioned securities.
Announcement is hereby made by follows:
following securities been deposited under
the plan:
Stock of Maxwell Motor Company Inc per
OF Chalmers Company IL per cent
Stock of Chalmers Motor Corporation per
The foregoing securities deposited particularly
of
men of the Committee sufficient enable
eraive.
g. The Committee has unable
positive commitment
by the latter of the
and the the Bankers the
purchase of said Notes has therefore lapsed
The time for securities hereby
extended including JANUARY prior TO said date
sufficient additional deposits received the Committee
ndeavor to effect the sale of sooooooo of
Notes of the New Company
The Committee believes that the prompt carrying Plan
Is OF the utmost importance to security holders
the prompt deposit Of their securities.
Copies the Plan Rodjusent
from the Secretary Of the Committee the office Draxeu
Motor Company Inc, Detroit, Michigan.
Dated New York, December i6. 1910.
Chairman.
JOHN soRRos
s.
o 3 ssSaHss sSsd"., is'Tf,dii n T. ,ddiis.
The New York herald., 1920-01-22
GUFFEY-GILLESPIE co. TO
ENTER COLOMBIA OIL FIELDS

The Atlantic. Gulf and West Indies
Steamship Company and the Gurfey-Gil-
lespie Oil Company have become associ-
ated in development OF more than one
million acres of oil land in Colombo. South
America. owned by the Colombia Syndi.
cate. The Guffey company has acquired
$4,000 out Of n total of 100000 shares OF
Colombia Syndicate.
a crew OF fourteen men left New York
this month to locate camps. Locations
Of wells already have been made and ac-
tive drilling is expected TO begin about
June. The Colombia Syndicate. IL was an
nounced at the stockholders meeting OF
the Guffey company yesterday. has s.. 900, :
coo cash for opera tions alone.
The first annual statement OF the Cuff
fey-Gillespie company shows s5.15 earned
on the common stock for the year ended
August 81 last. There was surplus OF
81 1888 after paying, expenses, production
taxes and preferred dividends
The New York herald., 1920-01-22
INTERNATIONAL PAPER COMPANY

TONSOTIDATEU MOKTfiNGE ~
SINKING FUND CONVERTIBLE BONDS.
The Equitable Trust Company OF New York
successor 20 Colonial Trust Company. ae Trustee
under international PAPER Company Mortgage
sinking Fund FOR the sale q bonds issued under
Snd mortgage. 20 exhaust the Two Hun.
dred and Nnety-nine Thousand Four Hundred
Thirty-siy Dollars and Five Cents 1890 43B. .05l.
preference.
Sealed offers will be opened al the office OF the
undersigncd. No. "a Wall st.. New York CITY, az
- O'Clock noon. ON February 3; 1920. and should
be ind0rsed ''Ofters for the Sale OF Bonds to the
international paper Company Sinking Fund
The right is reserved 70 reject any aud all Of
TIE EQUITABLE TRUST COMPANY OF NEW
YORK Trustee.
The New York herald., 1920-01-22
DIVIDENDS, MEETINGS, &C.
THE COMMERCIAL TRUST COMPANY
OF NEW YORK.
nl Ilet a.. NcW NOfk.

January II. lN-O
At the Annual Meeting OF the stockholders Of
this Company. held January Il, 1870. the fol,
lowing we're elected Directors 10 serve until
1923 E. y. COOPER. J. G, CoSGRoyE, W
.ROCE. fI. VI. SWErLAND and G. VI. WOOD
until 1aei:-E. q. ACHESON: until l322:-C H.
WYNKOOP.' Inspectors OF election for the an
nual meetin. in 192f:-John A. Badehoch, j. Ro
maine Brown.
this Company held this day the following reso
lutlons passed..
isRTSOovED. THAT the capital stock OF THE
COMMERCIAL TRUST COMPANY OF NEW
YORK he increased from the present amount
thereof 10 wit. Five Hundred Thousand $500. 600
Dollars consisting Of Five Thousand tJ,OCO
shares Of the par value OF One Hundred 800
Dollars each. 20 one Million S1 600. COO Dollars
10 consist Of Ten Thousand 10000 shares. OF
the par value OF one Hundred S1o0l Doliars
each
'REsoLvED. That the number Of Directors
Of The Commercial Trust Comp1nv Of New Yori
he and the same Is increased from sixteen, the
present number 60 Twenty -one.
At q meeting W the Board OF Directors ~ The
Commercial Trust Company OF New York held
this day X. II, Moore was reelected President:
A.. ! Norton. e Fnsthwat. d.. J. Boylan. g. J.
Baumnnn. Il. r. Cooper elected Vice presi.
dents; 7. Finsihwait. Treasurer and J. @.
1 a. ITEMrUTCu cccrotarv
The New York herald., 1920-01-22

After having held up new exploration
Of oil properties in Mexico by foreign
producers for nearly three years, Ven
ustiano Carranza. president OF the re-
public, has yielded to the opportunities
of these companies to the extent of
granting provisional permits for drill
ing wells.
News OF the concession which Presi-
dent Carranza has made to these pro-
ducers was received here yesterday by
direct cable advices from Mr.. Carranza
himself. This cable was in reply to one
sent to the chief executive of the Mex
lean government on January IL by the
Association of Producers of Oil in Mex
leo in which they requested him to
grant them temporary relief from ex-
listing federal regulations forbidding
new drilling operations. The Associa-
ton of. Producers Of Oil in Mexico is the
largest association OF it's kind in the
world. No less than forty-six different
companies. both American and foreign.
are affiliated with the organization.
The utmost importance is attached in
local oil circles to the changed attitude
of President Carranza. 1t means that
new oil operations. which had been sus-
pended for several years. will be re-
sumed with the result that q threat
ened world oil shortage may be
averted. IT has been the contention in
oil trade quarters that. unless the Mex
lean government granted producers
some relief from what they regarded
as intolerable conditions the shortage Of
oil would become acute.
Will End Trouble.
In Mexico City, it is understood. the
construction placed upon this latest de-
velopment in an old controversy is that 1t
will "end all difficulties with the United
States" Following Is the text Of the
Carranza cablegram:-
Mexico City. Jan. 20. 1920.
"Huasteca Petroleum Company. The
Texas Company of Mexico. Southern
Oil and Transportation Company, Scot
tish-Mexiean Oil Company. Ltd, and
other signers, New York.
"Under date of the nth Of this month
gave to the Secretary of Industry, Com
merce and Labor the following resolu-
ton, which I repeat to you In answer to
your cable of the 14th:-
1.-The petroleum companies having mani
tested in an express manner that they
are disposed to comply with all Of legal
requirements provided they do not imply
the violation Of their rights previously
acquired;
Having manifested equally that they
are disposed to accept provisional per-
mits for drilling wells, valid until the
Congress of the Union issues the organic
law Of the twenty-seventh constitutional
article, providing that the acceptance Of
use Of said permits does not attack or
prejudice the rights Of the petroleum COM
panies
The New York herald., 1920-01-22

With renewals for both choice mixed
collateral and all industrial securities
made at 6 per cent yesterday, the tone of
the call money market was much easier
than IL has been since the first part OF
the month. That is per cent lower than
the rate for renewals on Tuesday
The call money rate was unchanged
throughout the day. Demand for funds
. as comparatively light A large amount
Of money was available for borrowing at
the close of tho exchange.
Time money was in heavy derand.
Bids OF from 8 to Si1 per cent were made
for periods OF from 30 to 30 days but little
money was offered.
The rate for prime bank acceptances
and call loans on choice prime bank ac-
ceptances were unchanged.
The New York herald., 1920-01-22
CLOSING PRICES IN LONDON
FOR AMERICAN SHARES
re as follows. :

LONDON, wednesday.-Ci prices
asked on the Stock Exchange here for
The New York herald., 1920-01-22
C. P. PERRIE TREASURER OF
LORD & TAYLOR COMPANY

G. r. Perrie. formerly OF Little Rock,
has been elected treasurer of Lord &.
Taylor Company. Mr.. Perric was also
made a director OF the company, succeed
ing r.. H. Titus. resigned Mr.. Pcrric
was formerly vice president of the Union
Mercantile Trust Company. OF Little Rock
Wilson Hatch Tucker has resigned as
one OF the four vice presidents of the
company. but will remain on the Board OF
Directors.
The New York herald., 1920-01-22
ALLIED EXCHANGE
DROPS TO NEW LOW
Sterling Sells Down to 5.6o%
French Francs Decline
28 Points.
$4,000, 900 ARE SOLD HERE
Big Demand for Dollar Credits and
Grain Bill Sales in London
Are Factors.
s5,ooo,ooo ARE SOLD HERE

Rates on allied and the Central Powers
countries yesterday broke to the lowest
levels in their history.
The quotations of the foreign exchange
banks fluctuated and il was difficult to
ascertain what may be termed an "offi-
cial quotation
Demand sterling sold down to s.60ss at
one of the large foreign exchange banks.
while others quoted the low at $751; Cables
sold as low as s6l%. During December
sterling sold down to 3641a which until
Yesterday was the lowest quotation that
exchange has ever declined to in the New
York market.
Froncs broke q points. Gables sold as
low as 12.S and demand 1910 Belgium
francs declined IS points. cables selling at
points in favor Of New York, to record
low. Gables were quoted at 14.0S and
cheques 1f.1e.
The sharp break in sterling was started
by heavy selling in London. New York
followed. 1t was estimated by a we'll
known foreign exchange banker that more
than f5, 200, 900 was sold in the New York
market during the day. That is one of the
largest turnovers since the signing of the
armstice.
Further weakness in sterling here was
due to the heavy selling by European neu-
trails. Paris and London. Many hundreds
Of thousands of pounds were offered by
Scandinavian countries and by Holland
Those countries have been steadily ex-
changing sterling for American currency.
but yesterday the offering Of that ex-
change was larger than at any time since
the war.
A large demand for dollar credits in
London and the selling Of grain bills were
factors in the selling of sterling. Other
factors that added to the weakness of that
exchange was the Russian situation lack
Of European credits and the decline of
imports from Great Britain.
The break in francs. Belgium francs and
lire was in sympathy with the decline in
sterling. Exchange on those countries is
always influenced by the movement in
sterling.
Rates on European neutrals was strong
while German marks and Austrian kronen
broke to new low levels
South American exchange was un-
changed. Australian sterling broke to a
record low. while other Far Eastern rates
were unchanged.
Following are the rates quoted on the
principal foreign exchange markets AT the
close Of the regular hours of business
Yesterday
The New York herald., 1920-01-22
COMMERCIAL TRUST co.
INCREASES CAPITALIZATION

The Commercial Trust Company, Of New
York. has increased its capital from
100000 to 100000 and its surplus to
$500 COO. Resources of the company are
about 100000. The officers Of the COM
pany were reelected.
The New York herald., 1920-01-22
Paris Boursa Irregular

PARIS. Wednesday.-Prices moved ir.
regularly on the Bourse today. Three pei
cent rentes. 5sf 25c. Exchange on Lon.
don, i3f. i7c. Five per cent loan, $50. 6oc
The dollar was quoted at III. 9lac.
The New York herald., 1920-01-22
Government Securities.
Stock Exchange Closing Bid and
Asked Prices.

Following were the closing bid and
asked quotations for United States and
foreign government securities on the Stock
Exchange yesterday. To these prices ac-
crued interest is to be added. Bonds in
default are designated as dealt in
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
To Preserve utah,s First House.

A tiny log cabin, said to have been
the first ever built In Utah, has been
acquired by Ogden city authorities and
will be preserved as an historical
monument. The cabin, first discovered
by Capt James Brown, who in 1S47
came to Utah at the head Of a band of
pioneers, is said to have been very old
then. 1t was constructed by Miles
Goodyear, mountaineer and trapper,
who by grant of the Spanish gov
eminent owned all land from the
Weber river to Hot Springs noun
tains, on part of which property the
city Of Ogden is located.
The cabin, known as "Utah's first
house." was located on property owned
by Mrs. M. p. Shaw, and she recently
made gift Of it to the city.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Birthday of AirpIane.

In view of the marvellous achieve
ments in long-distance flights, and the
various uses to which flying machines
have been put in the war, as well as in
the postal service of the United States,
It is interesting to recall that the six
teenth birthday of the airplane has
just passed.
Orville and Wilbur Wright, who
owned a bicycle repair shop in Day
ton, O., used their spare time to
tinker" on flying machine. The
neighbors considered them crazy, but
harmless, and perfectly safe to be at
large. Finally they hit upon con-
traption to which twin propellers and
16-horsepower, four-cylinder gasoline
motor were attached-a winged affair
with a movable or elevating rudder in
'front.' which looked like cross be-
tween a large eagle and a nightmare.
This machine they took to Kill Devil
sand hills near Kitty Hawk, n. c., and
on December IL, 1908, they made four
successful flights. on one of which the
airplane travelled a distance of 852
feet.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08

Robert Fluck was here from
Hfbbing, Nina. over Sunday visit
ing with his children and relatives.
His sous Robert and George re-
turned TO Hibbipg with him and
will spend some time visiting with
their grandmother.
A baby girl was born to Mr.. and
Mrs. A. G.. Rin6y the latter part OF
last week.
Rev. Davis has been at bayfield,
this week assisting in revival meet
ings being held in two of the
Bayfield, churches.
M. and MIS-. Hedstrom Ind
daughter Betty were visitors at
Ashland Wednesday.
Nels M. Oscar returned Tuesday
| from Madison where he went to
transact business.
A shower" was given at the
Frank Downs residence Wednesday
evening in honor Of Miss Mabel
Hoel, whose engagements has been
announced. A large number OF
friends were present and delight
Iful evening was spent, Miss Hoe,
was the recipient OF many presents.
Miss Anna Thompson, County
Visiting Nurse. returned Monday
from Madison where she attended
the State Convention of Visiting
| Nurses.
! Gideon Chauvin returned during
the past week from Flint, Mich,
waere he has been working dun ing
the winter.
A. ., S. G ,llett was elected City
Comm issisner OF Superior on Tues
day. Mr.. GilleLt is well known IN
this city.
| Mayor Hoan, Socialist of Milwau
kee, was reelected mayor in thu
election Tuesday. A non partisan
council will rule the city during the
next four years, there being II
socialists and 10 nonpartisans
elected.
Sister Birchmah OF Chicago was
lcal.ed here the past week on account
of the illness of her mother Mrs
John O'Sullivan whom we ais
pleased TO announce is now getting
along nicely.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08

Mr. and Mrs. Oscar Wegsten
whose tenth wedding anniversary
was on Tuesday, we're rendered a
surprise reception by tbeir many
friends and most enj y able even-
ilg was spent by all present. Mr..
and Mrs. Wegsten were presented
with a number of pieces of alumi
mum ware.
Miss LueIla Olson returned to
Superior Wednesday after spend
irg The holidays with her paren $
Mr.. and Mrs. Charles Olson.
Ambrose Gruber and E am John
son we're at Duluth the first Of Ii
week to attend music recital.
Torrance Arseneau. who is attend
ing the Superior Normal. Mr.. md
Mrs. Effie Arseneau aud Mrs. Cyrll
Kur.chner Of Superior were fere
this week visiting at the home Of
their parents Mr.. and Mrs. Joseph
Arseneau. Mr.. and Mrs. Arseneau
expect TO return to- Superior with
them on Saturday for a few days
visit.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
REWARD Lost His Cunning.

While hunting with three friends,
Thomas Cornalie of Winsted, Conn,
who had no gun and had remained in
the auto after the others had pene-
trated the hunting grounds, discovered
a fox sitting in a lot not far away. He
left the auto, crept along and told the
hunters. The quartette finished the
last lap on their hands, and knees to
avoid detection. Then Cornalie, rest
ing his gun on a stone wall, shot the
fox twice, but the animal neither fell
nor ran away. The hunters went over
the wall and found reynard had been
caught in a trap.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08

who has been taking the heir all night
and only just managed to snatch few
winks after the bawl.
A friendly hand is laid upon his
arm.
"By Jove, dear fellow, the news is
simply splendiferous Heard it last
night at the club. A boy, l under
stand"
"Ha, ha"
Delighted to hear it! But you look
melancholy. Nothing wrongY
''No. / was merely thinking" an
swers Jones, ''that you wouldn't be SO
delighted to hear it if you'd heard it
all night long,"
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
DupIicity Exposed.

A story is told Of country dweller
who had sadly neglected his worship.
A deputation from the class meeting
urged his temperance. He took part
In prayer meeting on his return, and
was offering loud thanksgiving for the
privilege Of meeting tceether for wor-
ship. when suddenly ore of the depu-
tation shouted: "DiDna believe i'm.
Lord; we'd terrible hard job to get
i'm back."-London Answers.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
High School Notes

Although we nearly froz3 out
Monday morning, we're all uack at
our jobs.
The radiators are so cold that il
they were little warmer, they d
be- freezing.
One of the men who is installing
the fire escapes, caused great dea
OF commotion tO sixth period. Mon
day.
Orr Senior boys are quite de-
spondent. Jack Frost interfere q
with their game of marbles.
Miss Adra Lien, who has been
absent fol the past three weeks il
back at school.
The Freshmen held a meeting
Monday night. The color committe.
reported purple and gold as 81,
class colors.
The Annual Glass is planning or
putting out weekly paper here
after.
The Freshmen are going to give
a dance April 10Th. This will Ut
their third social affair anu II it is
anything like their Other paroles, II
is sure 10 be success,
The d ace cards aud refleshment
comm ttees fer the prom are begin
ming work.
Credit is Cue certain lady mem
DER of the faculty. She Seems TO be
the only one who can make the
FIRES hmen realize that vacation, is
over. =.
Did you ever heat any persons
uarrel about work? Some Of our
lower classmen ST. III to DC dong il
Oecs use of the mattresses for The
prom.
sem. Of the Freshmen will surely
haye stiff necKs b>f FIRE the tire es-
capes are competed.
Mss Betty Hedstroln was al
Ashland visitor Wednesday.
Ashland is planning OF moving
over here on May seventh. The
most important part OF u is.
"Cuickens and hair-cu,s are g03C
combinations.
The Latin class was obliged tt
change quarters sixth period Mon
| day b. cause OF the Temperature o
their room.
Miss Snyder. who was called t,
Madison owing to the illness of he
| brother, has not returned yet,
Some of the Delta Phi an(
Others MT at the he me Of PA
BLzard Su, day evening.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Bees Do Not Sting skunks.

That skunks will .eat bees is the tes-
timony of e. l.. Denslow of Con-
neaut township. He came upon one in
the act, of moving his hives enough
to bring out the bees, and when they
came out the skunk ate them. Denslow
fired at the animal but missed. Later
the skunk came back and repeated the
performance, again getting away.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Bayview Election

At the election held in the
town Of Bayview on Tuesday
the following officers were
elected:
Supervisors three years Ole
o. Hagen, Clerk Harvey Irish,
Treasurer Samuel A. Porter.
Assessor Theo. Bender, Justice
OF The Peace 2 years August
Freshman. Justice of the Peace
1 year Ed. -McCullock, Con-
stables Adolph Bodin and Ale x
Nicholson,
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08

The second exe minatiOn for the
members of the teachers training
class of the Methodist Sunday
School was held at the coirt house
on Monday evening.
Three of the children Of Mr.. and
Mrs. A. p. Stone Of the town Of
Washburn have been seriously III
with typhoid fever during the past
few weeks.
Mrs. Jack Murphy has resigned
her position as telephone operator
at the Wisconsin Telephone company
and has moved to Spooner.
City Superintendent of Schools G
E Hutton resumed his work at til.
schools Monday after a four weeks
illness.
Mrs. H. Johnson, Mrs. NJ. s
Hull, Mrs. J. N. Kinney, Mrs. G. /
Carson were entertained at a 81,
o'clock dinner given at the Calder
residence Tuesday evening.
Charles L. O sen was bushes.
Wis tor at Ashland Tuesday.
Tie GLADDEN. Circle will be enter.
tanned by the Misses Mai cI Hoe
and Evelyn Downs at the Down.
residence th 5 evening.
Harry Ainsworth OF Hayward
was visitor in the city the first q
tie week
Joseph Brenner, of the firm ,f Jos
Bremen & Co., who are dismantlins
some of the buildings at the Banks
dale plant is expected here from
NJ .ryland the latter part of thi.
week.
Elmer Oistad was bushes,
visitor at A shland Monday.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Hare,s Ears Better Than Its Eyes.

Although the hare has beautifully
large and prominent eyes, devoid of
eyelashes, and adjusted so chat it can
see backward and forward, they are
not good eyes. Perhaps for this rea-
son it sleeps a great part of the time
and always with it's eyes open. There
lis some compensation for poor eyes,
however, in the fact that it's hearing
is extremely keen.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
The EIancar.

Many people think that the airplane
word hangar" is an affectatior and
is the late adoption of a French
word. A look into the Standard die
tionary will reveal the fact that
Thackeray uses the word and that it
means Shed, not primarily place
to hang dirigible. Hartford Cou-
rant
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Prosperity is the fruit of labor


Prosperity is the fruit of labor;
property is desirable; is a positively
2 God in the world. That some
should be rich shows that others may
become rich, and hence is just en-
couragement to industry and enter
prise. Let not him who is house
less pull down the house of another,
but let him work diligent and
build one for himself, thus by ex.
ample assuring that his own shall be
safe from violence when built. -
Abraham Lincoln.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
HOLIDAYS.

Every days a holiday "
For hearts both strong and true. N
Every days a jolly day
AS Pleasure smiles anew.
If you make friend of Duty e
!. AS you do what Fate may ask. 4
You will find a trace of beauty 81
In each ordinary task. ~
Every days holiday
AS different charms draw near.
Not an idle folly day, ,sE
But one of honest cheer. lib
So we needn't mind the weather,
And we shouldn't pause for strife
AS we go along together
In the good old game of life.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-04-08
Laborino Under a Handicap.

"This author says he has tramped
about the country, beaten his way on
freight trains and been thrown into
1ails to get material for his stories
"That's the way to study life at
first hand"
"Quite so. But re wants to lay the
scene of his next story in fashion
able hotel, He says he's toe old to be
q bellhop and too poor to be guest
Birmingham Age-Herald.