davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-07-16
OIL EQUIPMENT SCARCE.

The intensive campaign of oil
development is taxing the manu-
featuring capacities of the firms
witch handle Oil we'll equipment
to the utmost, and even now there
Is shortage of this sort of mate
rial. These concerns are looking
forward to a large increase in their
business during the next several
years, and are already planning to
meet the situation. The Lucey Man
ufacturing Company, which Is one
of the largest manufacturers in
this line, with plants at Chattanoo-
ga, Tenn. and Houston, Texas. IL
Is understood. will shortly come
into the market to do some fnanc-
ing to care for this prospective ex-
pansion.
The Washington herald., 1920-07-16
Oil Industry Particularly Strong
In Spite of Increased CONSUMPTION

With increasing consumption and
the failure of production to increase
in anywhere near the same ratio.
and stocks on hand declining. the
statistical position of the oil indus
try is indeed strong. The only pos
sible exception in the whole range
of finished products is perhaps kero-
sine. in which the export demand
has fallen down while stocks on
hand have accumulated to the point
where two small price concessions in
the last month have been necessary
to stimulate export buying.
Gasoline for the most part con-
tinues in keen demand and short
supply, except in the Middle West,
where recently gasoline buying has
taken slump while stocks avail
able have piled up. so that a recess
sion of l cent a gallon was made
Inability of the refining companies
to finance their holdings of refined
oil. products is another reason 1oi
the anxiety to dispose of their out
put as fast as possible.
Elsewhere, however, the demand
has been strong enough, especially
in the South and the Far West, to
sustain price increases in gasoline.
California, as State, is now con-
suming more petroleum products
than 1t produces, although 1t turns
out a good portion of the crude oil
of the United States.
Lubricating oil is in very scant
supply, and the outlook is that price
advances may be expected in this
line. The export demand is particu-
larly active. the more so as ship
ments Of American machinery to
foreign countries furnish an in
creased source Of demand for lubri-
cants
Large new production is reported
from the Mexican fields, now that
political conditions there have
The Washington herald., 1920-07-16

quieted down somewhat and Ameri-
can companies are again free to
drill. Wells of as high as 100. 900
barrels a day, initial production,
have been reported.
The excess of consumption over
production in the United States bids
fair to become a serious problem
shortly. 1t has recently been
brought to the forefront by the ac-
ton of the artificial gas concerns,
which complain that they cannot
get enough gas oil under existing
conditions to maintain their produc-
ton of gas. Higher rates for gas
companies are permitting them to
bid higher for the gas oil in compe-
tition with gasoline refiners, but the
suggestion is being made with in
creasing insistence that the con-
sumption of oil products for noues-
sential purposes be cut down by
government action.
Another suggested alternative is
a change in the design of automo-
tive engines to enable them to burn
still lower grades of gasoline than
those now current for this purpose.
This will be difficult to apply to en-
gines already built, however. Other
helds OF use for the gasoline engine
are suggested by the recent intro
duction of the motor-driven big YES
sci. using internal-combustion on
gines. This type is an extremely
heavy consumer of fuel, burning
several tons a day ,and its more
general use will add to the problem,
raised by the present CONSUMPTION.
Barring the possible discovery OF
new fields of undreamed-of oil
wealth, the position of the oil in
dustry seems to promise a sustained
period of high prosperity, particu-
larly when conditions in the steel
Industry and transportation allow
the shipment of drilling materials TO
points where they are needed.
The Washington herald., 1920-07-16

The financial position of the rail-
roads has never been more serious
than at present. according to a
statement issued yesterday by the
Interstate Commerce Commission.
To prove its contention. the COM
mission published statement of
earnings and expenses for May. 1890.
showing a deficit of s7.266.964 in
the net income of the carriers. In
May, 1919, a net income of $31,730.-
9IS was recorded. so that the earn
Ings for May. 1920. indicate fall
ing of Of sSS.ss7-ss2 compared with
that month last year.
This deficit is accounted for by
q, large increase in wages and cost
of coal and other materials. with
out corresponding Increase in
freight and passenger rates. For
instance, the operating revenue for
May, 1920, was s36S,173.631, and for
May, 1919, S257,675.949. an increase
The Washington herald., 1920-07-16
COLORADO 4 SOUTHERN II. n.

The Colorado and Southern rail-
road reports for the 1919 calendar
year net income of s1.S73,265, TO
which was added s12S,752 of other
income, making a total of $2,OO2,Ol7,
compared with s1.S24.365 reported
for 1918. The government standard
return, from which operating ex-
penses and taxes were deducted,
amounted to S1.S91,3S6.
Deductions from the gross income
totaled s6S6,540 for rentals, interest
charges. etc, leaving a surplus OF
sl,315.477 available for dividends,
against s1.155.5S0 in 1918. The bal-
ance after dividends was s676,325, an
increase of $41S,141.
The Washington herald., 1920-07-16
COTTON MARKET.

New York. July 15.-Cotton was
steady today. The early trading
was mixed. and buying by Wall
street Southern interests and local
shorts caused a steady opening. but
later the market reacted and in
the early afternoon huctuated
around last nights finals In the
new crop positions. July was about
10 points above last nights final
bid. while late short covering and
Southern buying In other positions
caused an advance of about Nc
above the previous close.
The Washington herald., 1920-07-16
MIDWEST REFINING.

New York, July 15.-Earnings or
the Midwest Refining Company are
understood to be greatly in excess
of a year ago, largely because of
big shipments of gasoline to the
Standard OIL Company of California
for consumption in last-named COM
pany's territory. The California
Company Is short of gasoline and
other refined products. and demands
are being met largely by the Mid
west Company.
The Washington herald., 1920-07-16
MONEY.

New York, July 15.-Bids for time
money on all industrial collateral
remain at 9 per cent for all periods
Nothing is offered except on renew
ais. The quotation on mixed collat-
eral loans is Sia per cent.
Acceptance rule unchanged.
Call money: Opened, 8; high, IL;
low, 8; closed, IL; ruling rate, 8 per
cent
The Washington herald., 1920-07-16
AMERICAN BOSCH.

New York, July 15.-The income
account of the American Bosch
Magnetic Corporation for five
months ended May 81 last, shows
net sales of $4.44s,502: operating
profit. $1.359,335; manufacturing
profit. $s33,163: net profit after re-
serves for 1920 Federal reserve,
s702.S63, and surplus after divi-
dends, s502.S63.
New York. July 15.-The Ameri-
can Brake Shoe and Foundry Com-
pany reports for quarter ended
March 81 last. earnings from OPP
erations from plant after deducting
expenses, depreciation. etc. s707,s1s;
total income. $sos.ss5; net income
after interest and Federal taxes,
s624,3s5 and q surplus after divi-
dend of $ss7,o99.
The Washington herald., 1920-07-16
Leuisiana on.

New York. July 15.-Louisiana
OIL Refining, q subsidiary of In
vincible OIL Corporation, has COM
pleted Its Jackson No. 81 in the
shallow section Of Homer pool, with
an estimated initial now of 1000
barrels daily.
The Washington herald., 1920-07-16
BALDWIN Meetf.r.

New York. July 15.--After the
meetings Of the finance and execu-
tive committees fthe Baldwin Lo-
connective works today. the president
announced that only routine busi-
y>.s hed hAen trAnaactad.
The Washington herald., 1920-07-16
ADDITIONAL RAIL LOANS.

The Interstate Commerce Com
mission has approved additional
loans from the revolving fund of
$500, ,0o0.0 900 amounting to $21.ss6,-
S75. The money will be used for
the purchase of equipment for re-
construction work and for meeting
of maturities.
The railroads and the amount
that each will receive include the
following:
The Washington herald., 1920-07-16
DIVIDENDS DECLARED.
ws.A'ssss. 80 nssAsssa.

Rate and Holders
Period Payable of Rec
Atlas Fowd. Co. pf 1At Q Aug July 20
De Beers Cons Mng Co.
Ltd. Am. sh. s.. SO. .... July 2s July 26
Ills. Cen. R.R. Co. 49, Q Sept IL Aug 8
Lg-Na Coal Co, PC .... Aug Is Aug
The Washington herald., 1920-07-16
STOCKS Ex-DIvDEND.

Date Company Per cent
July 16-Emerson- Brsntingham pf .... fk
July 1z--Anaconda Copper Mining Co.,.
July lib ana o r r Co pf. f......
Jrly 1z-Kcily- Springfield Tire Co
Id O and Y In com
July 1I-Loew's. Ind ......... 4
July 16-Mahoning Coal r Co...
July l7-Midvsle Steel and Ordnance 1
July l7-Nuifins Body Corp. ...... l.
July liz Do pf..............
5siy lz-Rsss kass- : effs pr sf... IL
The Washington herald., 1920-07-16
CITIES SERVICE STOCKS.

,eo ct,.. s.-vioo oomnon Asked
sEx idend
The Washington herald., 1920-07-16
RAILROAD BONDS.
MIsCELLANEoUs.

03h Central Leather is, 1925.
946...... 75h o. 8. Rubber first ref. 5s, 1s4I.. q
30. 99h u g. Steel &c. 1853. o.
Is. 1e47 IS Belgium 25-yr ext. gold 7hs 1e45....
The Washington herald., 1920-07-16

AL ruAnesA1 Apyr11uuss Aocrrr.
4 mem xxSx q sUnsfxTxrSfTTx.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03

Stinson. Mrs. .Stinson and her
daughter, Mrs. William E. Roche. of
Bradford, recently returned from q
visit at Haraboo and Madison.
Autoists driving between this city
and Mason City should avoid the
road directly south from the end OF
the Federal avenue paving as far
south as Rockwell. It is rough and
some culverts can not be used. A
detour farther east affords q much
better road.
Emanuel and Fred Dormann, OF
Latimer. have gone on an extended
trip by auto that will include Iowa,
Minnesota, Wisconsin and perhaps
portions Of Canada.
John K. Coonley has returned from
recent trip to Omaha, where he at
tended meeting Of the stockholders
Of the North American Hotel Com,
pany. It Is said that the company
has a number of new hotels under
construction in different parts Of the
state.
Mrs. Mary Gillett has returned
from an extended visit with relatives
at Kensett and In Minnesota.
Miss Edith Hoxie, accompanied by
Mrs. John Y. Luke and daughter
Miss Gilberte, Of Ames. are spending
a few weeks at Battle Lake, MINI
DR.. w. e. .Hoxie and Mrs. Hoxie are
in Cleveland, Mimi, to spend q
month or so.
Mr.. and Mrs. Chris Nelson have
returned from their trip to the old
home in Denmark. They had good
time In the home land: but the ar
rival back home in Franklin county
was one Of the happiest moments OF
the tour.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03

her daughter, Mrs. Fred III. Gully.
who has been visiting with her and
arriving downtown before the OPEN
Ing Of the bank, where she had an err
rand, she stepped into the Bishop
place and took a chair and was talk
ing with those about her when she
was suddenly stricken and died al
most instantly.
It was just about year ago now
that her husband died from injuries
received In fall from cherry tree
while working around his home
Mrs. Craver leaves five daughters
and one son. The son. Freeman GRAY
er, is in the southwest. The daughters
are Mrs. N. c. Fry, OF this city; Mrs.
F. II. Gully, Of Gearing; Mrs. Frank
Smith, of Minneapolis; Mrs. Ger
trude Roberts. OF Missouri ana Mrs.
S. g. Smith, of Omaha. She leaves
numerous relatives in Gearing and in
Illinois.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03

and the out come lie very uncertain.
Jack Ewing and family viii give up
farming antl plan to locate In Traer.
They have rented their place to Har-
~ Shuey and Joe Legg. The Ewing
farm is one OF the highly improved
farms OF North Tanla.
Mrs. G. r Owens and little nephew
who have f'een visiting Mr.. Owens
several weeks In Tennessee, arrived
home this week.
! A. j. Nice utcheon received q few
| days visit from an aunt and cousin,
Mrs. Anna Cotton and daughter. OF
Waubay. s. d.
Mr.. and Mrs. Charles Hartshorn, OF
Longmont. Colo, anc. the Fred Harts-
horn family, Of Clarion, have been
guests OF tt e Moore home this week.
| The men ale brothers Of Mrs. Moore.
A. w. West and family, now liv-
ing In Powtshiek county spent sew
eral days this week with Traer
| friends.
Mrs. Hugh Mossman and little son.
OF Vinton, visited the formers par
! ents, Mr.. and Mrs. John Burns, this
| week.
Miss Pearl Rickering, sister Of
Mrs. Dave Wilson, Is visiting at the
Wilson home. Miss Pickering is q
nurse with headquarters in Des
Moines.
Mrs. N. II. Adams Is receiving q
visit from , sister, Mrs. w. G. Hol-
lenbeck, OF Sioux City.
Mrs. Raloh Smith, Of Sterling, ILL.,,
is visiting her husbands mother, Mrs.
William McDowall.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
Sit at Old Desks
After Many Years
Special to Times-Republican,

Speclal TO Times Republican,
Hampton, July 3.-Permitted after
the lapse Of thirty-six years, to visit
the old school house where in their
chlidhood days they were taught the
lhree RS, possibly along with a little
OF other things. Mrs. Jennie Andrews,
OF Thornton, and her brother, How
ara Snyder, of Minneapolis, were
able recently to sit at the same desk
IN the old school house in Pleasant
valley district No. 3, Mott township,
that they had used so long ago, To
add to the memories that the visit
Drought up. only a few rods distant
was the home Of their lamented faith
er and mother-the scene of SO many
happy days where they had romped
as little children.
Mr.. Snyder had been at Thornton
for visit. and had Drought m...
Jennie Andrews and daughter Dele
van. and Mr.. and Mrs. M. Bilder-
pack, former residents Of Hampton,
to this place where Mrs. BiIderback
had taken the train for Des Moines
to attend the funeral Of sister-in-
law. Mrs. George w. Nichols.
On the return trip. Mr.. Snyder,
fulfilling the desire Of years to again
visit the old scenes, as did also his
sister, directed the course of his auto
to the scene Of the school days Of
yore. The old building is still In fair
condition. The pair passed In. me
clock on the wall was ticking off the
time, and the room showed that the
spring term was not ended. Each was
able to locate the particular desk at
which they had sat. and fond memory
recalled the many schooiday pranks
Of former years. On the outer wall is
still visible the childish carvings Of
the names, Jennie Snyder" and
Howard Snyder" the passing years
nor the coats OF paint that have been
applied having been unable to oblit-
ate the carvings. The visit to youth
full scenes called up memories pos
crate the carvings. The visit to youth
casion very much enjoyed.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
FIFTY YEARS Welded.
Mr.. and Mrs. w. N. Seton, Of FL
dora Celebrate Anniversary.

Special to Times Republican.
Eldora, July 3.-Mr. and Mrs. w.
M. Seton. Of Eldora, today are cele-
brating their fiftieth wedding ami
versary. William Marion Seton and
Nancy Charlotte Thomas were mar
ried in Eldora July 8, 1870. For
years they have been residents OF
this county, Mr.. Seton being a
printer by trade. In the time OF the
hand-set newspaper Mr.. Seton was
employed on numerous papers over
several states. During the dark
days of civil strife Marion Seton
offered his body to be shot at In de-
Tense Of the union Of states, being
q member Of Company X. Thirty
second Iowa. and Company e, Eighth
Iowa. He was present at the battle
Of Nashville, took part In the Gulf
campaign and was with his regiment
at the capture by tho union forces
of Mobile. Today. surrounded by q
regiment Of friends, Mr.. and Mrs.
Seton are enjoying the best life
has TO bestow. reasonably good
health and the respect Of those who
have known them best thru the
yicissitudes Of time.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
NEAR CORNING IN
CUR HEAVY PROPERTY AND
LIVE STOCK LOSSES.
HALF DOZEN PEOPLE
HURT IN WRECKAGE
Houses and Farm Buildings Are De-
stroyed, Several Farms Being De-
nuded OF BuiIdlnss-Ruins of One
Homo Take Fire-lives Saved By
Taking Refuge in Cellars.

Corning, July "a tornado or
rather a pair OF tornadoes which
swept over sections OF Adams and
Taylor counties destroyed property
OF the value OF more than $500, 900.
injured q number Of people and
greatly damaged crops. A number
Of farms were literally denuded of
buildings. the occupants Of the houses
miraculously escaping death, most of
whom had sufficient warning to en-
able them to take refuge in their cell
lars.
Near Corning tho injured include:
Vernon Carr leg broken, injured
internally. Carr had to be dug out of
the ruins.
William Thomas, bruised about the
head and back.
Mr.. and Mrs. r. A. Fitzgerald, bad
ly bruised by flying timpers.
Mrs. King Badgett and 12-year-old
son, struck by timbers, badly stunned
and bruised.
John Cox, bruised; one toe taken
off.
Scores Of head Of live stock were
killed and many so badly injured they
had to be killed.
Many Buildings Wrecked.
Walt Goodwin's house, barn and
outbuildings are a total loss. The
family took refuge In the cellar. A
horse OF t3oodwin's was carried half
q mile.
William Thorne's barn and farm
implements destroyed.
A school house was destroyed.
The house occupied by William
Young on the Gentry farm was
wrecked. A number OF hoKs were
killed. Robert Fitzgerald, living on
the Gentry farm suffered an ex-
tremely heavy loss. His house ond
barn were blown away and the
grounds about the house were strip
ped clean. He lost two horses. A
corn crib filled. was moved but not
damaged. Mr.. Fitzgerald lost all his
clothing, which was found hanging
In strips from the trees.
Charles Miller's house was destroy
ed. His silo was wrecked. The fam
lily escaped by taking position in
the center OF q big hay field where
they stretched out on the ground.
The ruins OF John CoxY home took
fire and with the barn was totally
consumed. A basket OF eggs left in
the yard was not even moved while
little kitten was found playing
Others who lost property in this vi
entity were: Harry Sohaffer, barn
and contents; Hiram George, silo;
Charles Penfold. house and barn; va
cant house on LOWS Rees farm. Art
Riggle and Ben Sutton, returning
from q funeral were caught in the
storm and both autos were badly
wrecked.
Wires In all directions are still
down ard reports Of heavy losses in
other sections are heard.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
Hampton News Notes.
scial to Times-Republican.

Special to Times
Hampton, July S.-The w. r. G,
held their memorial service at the
chapel in the cemetery Wednesday
evening and afterward decorated the
graves Of departed members.
Mr. and Mrs. Harold Clemmer,
who have resided at Ames for
several years will move coon to
Springfield, ILL.,, where Mr.. Clemmer
will be employed by the Illinois state
highway commission.
An enthusiastic party Of fishermen
at Waterville MINI, is made UP Of
Mr.. and Mrs. Charles l.. Raper, and
daughters, Misses Lillian and Edna:
Mr.. and Mrs. ]. P. Myers, and
Dwight Purcell
Mrs. g. s. Tinderkoffer and son
Robert, of 'Baraboo. Wis.(, are here
for a visit with Mr.. and AIRS. ID. II.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
BUILD BEAUTIFUL FARM HOME
Mr.. and Mrs. Lloyd Grimsey Erect
$2S, 600 House Near Dwarf.

$4,000 House Near Dysart.
Dysart, July s.-Six miles north
west Of Dysart Mr.. and Mrs. Lloyd
Grimsey are erecting splendid
home
When completed tho residence will
cost about $4,000, and will contain
twelve rooms. 1t is situated on q hill
near crossroads. Wide branched
shade trees surround the spot. The
house Is entirely finished in oak; it
Is entirely modern-hot and cold
water, furnace. electric lights, bath
room. fireproof roof, fireplace, eto.-
there is nothing lacking. The house is
built >ef red-brown brick. A cement
basement is under the entire struc-
ture.
Lloyd Grimsey is young farmer
barely 80 years old. He owns 9S5
acres of good black Iowa loan. Ev-
cry year the Grimseys send eight
carloads Of hogs and cattle to mar
ket. In the near future they are plan
ming to erect a large barn.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
EIdora News Briefs.

Special to Times Republican
EIdora, July 3.-Three concerts a
week is to be the program for this
place this summer, the community
club having made arrangements with
the ladies' band and the band from
the training school.
Mr.. and Mrs. G. ]. Johnson and
daughter, of Mount Vernon, Wash,
are here visiting in the home Of DR..
and Mrs. II. A. A. Edmunds. Mrs.
Johnson being a sister Of the doctor.
They had not seen one another for
upwards Of twenty years.
Luther Devendorf, Of Eldora, has
been chosen as a delegate from the
Third district to attend the Grand
Army encampment which meets in
Indianapolis, Ind, in September.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
NEW WIRELESS STATION AT coz
Mill Have Best Radio Equipment Ex-
cepting That of Great Lakes.

eepting That Of Great Lakes.
Cedar Rapids, July S.-The Coe
College wireless station is now al
most complete. Within another two
weeks the last small piece OF appara-
t1ls will have been installed. This
gives to Cedar Rapids the largest,
most thoroughly equipped station In
the central states. barring the govern
.nlent station at Great Lakes. The
aerial now in tse at the station Is 1875
feet high ana carries six wires. It's
bases are on Science hall and. the
Main building. 1t has fundamental
wave length Of 425 meters. This is
the damped wave receptor, that is, It
receives waves Of decreasing ampli-
tude. The aerial for the undamped
apparatus will be erected on Science
hall and will be In the form OF a radio
compass. With this it will be possible
to detect the direction from which
tho message is being sent. This is q
post war development that research
st the local station helped to design.
The aerial will be box shaped and will
turn in an angle Of $50 degrees.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-07-03
STATE PRINT SHOP PLANNED
Legislature TO 30 Asked 20 Install
Large Plant.


Special to Times Republican.
Des Moines, July S.-The building
Of q state printing plant will be put
up strongly to the next legislature.
The retrenchment and reform COM
mittee has appointed q SUBJ commit
tee consisting Of Senator James Will
SON. Of Centerville, Representative T.
r. Harrington, Of Algona, and Repre-
sentative Douglas Rogers, Of Man
ming. to study the needs Of the state
In this respect, the operation Of state
printing plants in other common
wealths, what Is required IN the way
Of equipment for both printing and
binding and also for the housing Of
the plant and the number Of employees
which may be necessary to operate it.
State officials familiar with the
needs Of the state In the way Of
printing and binding ana the present
situation declare that the only bus
mess like system for state printing
and binding Is thru q state plant.
This year the state officials are hav-
ing discourasins time trying to get
necessary printing done. The print
Ing rates fixed by statute are so low
that on many Of the important print
ing jobs no bids were submitted and
not q few department reports which
the law specifies shall be made are
being held up for lack Of printing.
Important blanks necessary for the
conduct Of the states business have
been held up for months.
Thirty -flve lows county auditors
have not yet reported tax ASSESS
ments to the state auditor which
should have been reported In April
because OF lack Of blanks. The
state executive council must convene
within another ten days to review
these assessments. Tho state auto
mobile department has been contin-
ually harassed by lack OF proper
blanks.
Hence It Is recognized that the re-
trenchment and reform committee
can ind plenty Of facts to present to
the legislature next winter on the
need OF the states operating its own
printing plant and the indications are
that tho report will be received with
favor.