davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1920-11-07
Reserve Ratios Decline.

A substantial decline in reserve ratios
was disclosed yesterday by the local Re-
serve Banks statement, the ratio of
total reserves to deposit and Federal
Reserve note liabilities combined drop
ping from 39.1 per CENT. to 1856 per
cent, and the ratio of reserves TO net
deposits, after deducting 40 per cent. for
gold reserve against Federal Reserve
notes in circulation. falling from 37.9 per
cent. to 36,6 per cent. The relatively
large decline in the latter ratio was due
to the expansion of s1o,000,000 of re-
serve notes In circulation. which ac-
companied n loss in gold reserve of
nearly $4,000, 900. Member bank bor-
rowings increased about S3,000,000, and
the local Reserve Bank paid off about
s3,O00,00o of S4S.0o0.O00 borrowed Oh
rediscounts from other reserve banks.
Were It not for the s44.700, 600 borrow
ings from other reserve banks. the Local
Reserve Bank would have shown record
low percentage reserve ratios for any
statement. although not below a figure
shown In daily reports in between the
weekly statement. In the next fortnight
the peak of the credit load will be borne.
and there Is little likelihood Of improve
ment before the third week of this
month.
The New York herald., 1920-11-07
COTTON GOODS REvIEw.
Market Continues Unsettled, but
Gains n Little.

An unsettled cotton market continues
70 add to the difficulty OF pricing cotton
goods on ieyels that will hold the at
tention of buyers. There has been some
gain In the light volume of business
done. although prices accepted have
been exceedingly low and are based on
assumption that cotton win hold around
1921 cents In the fields and wages be
reduced. thus bringing about lower costs
of production to meet lower prices
which buyers demand.
During last week several leading lines
OF colored cottong made In the South, 30
chambrays, choviots, plalds. tickings
stripes. &C, were priced on basis Of
60 cents pound for delivery In Novem-
ber and December. and some best lines
of Southern staple ginghams were priced
on q basis OF ". i0h and sh cents
a yard, those prices being named
after the signing OF tho armistice, when
cotton and wages were lower than they
are to-day. ~ is believed by selling
agents that those prices will stimulate
new purchases. Eastern mills have not
met the new price levels.
Prints and peroales are expected TO
be repriced shortly, and before the mid
die OF the month II In beloved that all
leading cotton goods lines will be on q
prlce basis below which they cannot
go on goods to be made. Curtallment OF
production throughout the industry Ia
very extensive, some centres operating
for only four days week. and many
gne cloth and fine yarn mills not more
than 80 per cent. Of capacity.
priceg current arc az follows Print
The New York herald., 1920-11-07
ProfessionaI Market Comment.

Wall Street at tho week end finds its
opinion of the stock market widely
mixed. The bullish side has n few ad-
herents, but most OF them confne con-
strtictive advice 10 standard rails. The
ma orlty of the representative stock
brokers express the belief that so long
as Industrial readjustment be under way
and money tight technical rallies are
about all that may be expected. Tho
comment Of representative houses fol-
lows: Thomson g. McKinnon say;
I'VE are more than likely to have
further declines in security values
Wrenn Bros. Co. are not surprised
that stocks should be more Influenced
by unsatisfactory business conditions
than by the fortunate political situa-
tion." J. s. Bache g. Co. believe that
"the rails are in position to take adj
vantage of easier money conditions II
and when such conditions appear" Lam
horn e. Co. believe that the last phase
Of the bear market is being experienced"
W. w. Cohen & Co. expect higher prices
for railroad securities In the next few
weeka." Henry Clews q Co say: I'm
dustrial sharea lack popularity because
price revision, in number of trade d.
rections. Is still incomplete" Wade,
Tompleton g. Co. believe that stocks
may safely be sold on all rallies"
Paine, webber & Co. continue TO feel
"that the buying side Of the account,
with reasonable determinations, should
yield satisfactory profits" Carpenter.
CARRY & Co advise purchase OF stand
ard stocks. believing that the market as
a whole Is In strong hands"
The New York herald., 1920-11-07
wall street Comment.

Eastman. Dillon < Co. do not think
that liquidation Is completed In the
steel stocks, especially those OF tho In
dependent companies" IL. w. Wagner
A Co. sayi There are many vulnerable
bear positions in the market and some
SNOWY advances may occur at any
time" II. +. Mcconnell & Co. say: "On
any sharp setback the steel stocks, the
best of tho motors and the marine
shares are n purchase" Walker Bros.
advise purchase "of standard dividend
paying rails on all weak spots" Halle
& Stieglitz believe that "the constructive
side should be adhered to-" Josephthal
& Co. declare that "the money situation
continues tho foremost factor from the
standpoint OF the security market, and
no long as money is ruling at and 10
per cent no extended period OF progress
can be looked for
The New York herald., 1920-11-07
STANDARD PARTS COMPANY.
President Outlines Condition and
Prospects of Corporation.

The Standard Parts Company has
sent TO IT'S stockholders a letter cover
ing the present aspect of tho business
situation that the company faces. The
letter. which Is signed by John Younger.
vice-president and assistant general
manager Of the company. after sum
marizing the general business condi-
ton as affecting the automobile and
allied Industries, declares that every
present development IS tending 70 elm
ination OF the bad balance from which
tho industry has recently been suffer-
ing. There is an analysis of the present
condition and business prospect OF each
OF the integral parts Of the conpany's
organization namely. the Eaton Axle
Division, the Book Bearing Company.
the standard Welding Company and tho
Perfection Spring Division. In conclu-
sion Mr.. Younger says,
1--WE have left out the other plants
which ere owned at the present mo-
ment by the company, as these are
scheduled TO be sold Some OF the pro-
ceeds will be devoted. TO the improve
rnent Of plants we decide 70 retain so as
20 place them on an UP to date basis. 40
that they will be ablo TO take care OF
themselves IN tho fight for business at
low prices.
"The ultimate business we expect to
line up gives estimated shipments at
tho rate of over sac, 1000, and esti-
mated proits az the rate OF over $4,000
900 year. we believe that tho COM
pany, as an organization, will have the
necessary plants and equipment and the
necessary satisfactory contact with its
buying public that VIII enntl. Y 70 60
The New York herald., 1920-11-07
Atlantic, Gulf ana West Indies.

Two stories to account for tho decline
in Atlantic. Gulf and West Indies from
l4S less than week ago to 1928 yesterday
have been in the air. One was that the
Mexican wells. from which great things
have been anticipated. have encountered
salt water. The other was that some
new financing win be done. That any
new financing is necessary was denied
yesterday by bankers for the corpora
ton. They also denied the salt water
story. but 1t became known, nevertheless.
that officials of the company were en-
route to Mexico to investigate 1t. Salt
water In their oil wells, however, is not
the cause of any number Of sleepless
nights of AGWI officials. What really
worries them is the slump in their ship
ping business, the corporations main
source of income. The corporation en-
joyed very prosperous half year. Then
business slumped. and there Is reported
to be prospect of the lean half year
wiping out the profits of the prosperous
first half year.
The New York herald., 1920-11-07
To-morroyv's Market.

Wall Street gloom was so thick 1,
could be cut with knife. Big and lit
tie traders alike went home with the
feeling that the bottom has fairly
dropped out of things, and that SO far
as stock market prices were concerned
next week would be a momentous one.
The averages yesterday broke their old
point of resistance with decline for
twenty representative Industrial stocks
of go, bringing the general average
down to $3.50. Rails declined 80. bring
ing their average down to S4.0S. Two
factors stand out in considering to-
morrow's maket. One of them Is the
momentum of yestedays decline, not
checked in a hurry. and the other is
that n great many margin calls went
out OF the Street yesteday. Some of
that stock, at least. is bound to como
into the market tomorrow morning.
The New York herald., 1920-11-07
Clearing House Deficit.

Despite contraction of loans OF so4.-
$1,000 and shrinkage o. deposits OF
S7S,722,0 900, Clearing House banks dis
closed a deficit in reserve Of s1,3O6,79O.
an impairment for the week of s1o,-
3O1.SSO Heretofore bank statement
deficits, when accompanied by decline
of the local Reserve Banks reserve
ratios. have been followed by tendency
to await developments before undertake
ing long commitments In stocks. The
deficit was due to the fact that the loss
of cash reserve with the Reserve Bank
overshadowed the shrinkage In required
reserve owing to falling off of deposits.
At the close OF the week United States
deposits deducted aggregated only $15,-
$4,000. Consequently an early issue OF
Treasury certificates of Indebtedness Is
anticipated. Government Withdrawals
also are expected to be made this week.
The New York herald., 1920-11-07
BRIrIsH-MExIoAS PETROLEUM

A meeting Of directors and executive
heads OF the British h-Mexican Petroleum
Company. the English subsidiary of the
Pan-American Petroleum and Trans
port Company, was held on Friday at
the Hotel Plaza. Tho representatives
from England who attended we're Lord
Plfrie, chairman OF the board Of tho
British-Mexican Petroleum Company
Lord Inverforth. Sir James Currie, Sir
Alexander Maguiro and l.. p. Sheldon,
directors. and Il. III. Davenport, assist
ant secretary. The American repre-
sentatives who met with them were u.
L. Doheny. Herbert q. Wylo, J. M.
Danziger, Elisha Walker. Dean Emery
and u. l.. Doheny, Jr.
The New York herald., 1920-11-07
FLOUR GOES LOWER.

MrSNEAPoLis. Nov. e--Flour prices
for family patents to-day dropped 20 a
level not in effect since January, 1918.
The reduction at one mill was rs cents,
which made It's price s10.75 a barrel.
while another Touring concerns quota
tion fell 30 cents 70 new low price of
5000 The slump is attributed by mill
ors to the weak wheat market
The New York herald., 1920-11-07
CONSOLIDATED EXCHANGE.

Declines were wide and general
throughout the industrlais during last
weeks Consolidated Stock Exchange
trading. The foreign exchange situation
and tight money conditions were made
tho basis OF sustained Liquidation in
those issues, some OF which netted losses
OF \ 20 II points In the rails, the trend
was exactly opposite for most OF tho
period. Southern Pacific leading those
properties In substantial gaine.
The New York herald., 1920-11-07
MONEY AND EXCHANGE.

CANADIAN EXCHANGE.
New York funds IN Montreal. si0T.5c pre-
MUM per 81 900; Montreal funds IN New
York, s97.06 per 81 600.
The New York herald., 1920-11-07
LISTING APPLICATIONS.

Applications have been made 10 tho
New York Stock Exchange for tho iist-
ing Of the following securities; Ameri-
can Radiator Company. Si3.sos.225 OF
common stock and s3.000.O00 OF Z per
cent. cumulative preferred stock Weber
& Iieilbroner. 173.477 shares Of common
stock o. no psr valve.
The New York herald., 1920-11-07
DIVIDENDS.

Etock Of
Record. Payable.
si.bo NEUTRALITY-SUSPICIOUS. 20 Dec. 1
pf. a. Sis. ......y......Nov. 20 psc. 1
i2isc. .......~......:......No Nov ia Jan. 1
5sc. .:............r % NOV. 20 Nov. 80
a. si.S5.......%.... .......: NOV. 20 Nov. 30
Great Lakes Drcdge and
Dock Co.. a. t2...........Hov. Nov. 10
The New York herald., 1920-11-07
cloths. rs inch. e4xsss. 7x cents, "a,

US. IA cents: 881a inch. 64x64's.
10h cents; brown sheetings. Southern
standards. 16 cents; denlrns. 2.20's.
"a cents. nominal; tickings ounces.
80 cents; prints. 90 cents, nominal :
staple ginghams. Southern. 1Ih cents :
Eastern. 20 cents: dress ginghams. rs
and 27is cents
The New York herald., 1920-11-07

this business. At present. including all
recent cancellations, we have over $751;
OOo,oVO worth OF business on our books"
The log cabin Democrat., 1920-09-14

w. H. Duncan was a business visi- tor in Little Rock yesterday.
 E. 5. Jennings is at Russellville to- day.
The log cabin Democrat., 1920-09-14
STOMACH TROUBLES Indiana Lady Had Something Like Indigestion Until She Took
 Black-Draught, Then
 Got All Right.

Seymour, Ind.-"Some time ago had a sick spell, something like indi. gestion," writes Mrs. Clara Peacock, of Route 6, this place. II would get very sick at the stomach, and spit or vomit, especially in the mornings.
 Then I began the use of Thedford's Black-Draught, after l had tried other medicines. The Black-Draught re- lieved me more than anything that took, and I got all right.
 T haven't found anything better than Black-Draught when suffering from trouble caused by constipation. It is easy and sure. Can be taken in small doses or large as the case calls for"
 When you have sick stomach, indi- gestion, headache, constipation. or other disagreeable symptoms, take Black-Draught to help keep your system free from poison.
 Thedford's Black-Draught Is made from purely vegetable ingredients, acts in a gentle, natural way, and has no bad after-effects. It may be safely taken by young or old.
 Get a package of Black-Draught to- day. Insist on the genuine, Thedford's.
 At your druggists. NC-143
The log cabin Democrat., 1920-09-14
ELKS ADD EQUIPMENT

A pool and billiard table purchased from the Quapaw Club at Little Rock are being installed in the recreation room of the Elks lodge, giving the To- cal club four table completely equip ped. D. w. Rover of Little Rock, an expert workman in this line, is set ting up the tables. Space is also be- ing set aside for a reading room for the use of the members.
The log cabin Democrat., 1920-09-14
OUTLAWS
 10 RESUME WORK
(By limited PreSsl

Chicago, Sept. 14.-Enginemen and switchmen on outlaw strike since March l are expected to return to work today, according to H. E. Read ing, president of the United Engine men. Reading said that the engine men have reconsidered their decision to make a finish fight and have unan- imously decided to end it. He said that other organizations which went on strike at the same time will be governed by the decision of the Chicago association.
The log cabin Democrat., 1920-09-14
WEEKLY WEATHER REPORT.

Observations are taken at p. m. Temperatures are therefore lowest and highest from 5 p. m. to 5 p. m Rainfall is for date given, from mid night to midnight.
 Report for week ending Sept. 12:
The log cabin Democrat., 1920-09-14

Fresh lamb at Erbachers tomorrow dit.
 E. II. Allison is in Little Rock to- day. F. c. Abbott went to Pine Bluff this morning.
 Fresb lamb at Erbacher's tomorrow. alt. Furnished rooms, close in. Phone 319.-9-11d4t
 Mrs. M. J. Maddox is a visitor in Little Rock today.
 See Dunaway & Bradley for real estate and insurance.-3-4dtf
 We can vulcen.ze your auto tires Conway Overland Co.-8-2Sdtf
 Wanted to Rent-A five or six room house. C. A. Wren at this office.-dtf
 For Sale--A few choice milch COWS. Erbacher Bros.-4-1dtf.
 Fresh lamb at Erbacher's tomorrow. alt.
 Talk your real estate wants over with Reeves & Burke-4-10dwtf.
 For House Paints and Var nishes, see Newborn Bros.-d1t
 For Sale-Second hand furniture in good condition. Call Phone 200. -9-13d2t
 Hemstitching and picoting, s and 10 cents. Mrs. J. M. Martin, phone 551. -9-13d2t*
 Sewing of all kinds neatly done; prices right. Mrs. Emison, 107 South Locust.-9-1 1d3t
The log cabin Democrat., 1920-09-14
WILSON TO DECIDE ON LABOR LEADERS
(By limited Pressl

Washington, Sept. 14.-Speaking to a group of labor leaders, Attorney General Palmer indicated today that the matter of an amnesty for the so called political" prisoners now rests with President Wilson. Attorney General Palmer conferred with a group of leaders including Samuel Gompers, president of the American Federation of Labor. They asked the attorney general to release IA pris- oners held by the government for al legged radicalism
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-07-23

day, July IL, aC the age OF 35 years. AZ
bis home at 1903 Cold Spring Avenue
after an illness of only a few dsvs
Funeral services were held at the resi-
dence on Tuesday afternoon At 2
o'clock with interment at Wauwafosa
cemetery. Both Mr.. Bark and his wife
(nee Laura Kirchner) Were Wauwa-
tosa young people. he having spent
! bis childhood at the family home al
290 Church Street. and the sympathy
OF their many friends 60 out 20 the
family in this hour of bereavement
The Wauwatosa band concert com
mittee, appointed by Mayor A. {. Han.
sen. which committee is made up OF
Mr.. X. r. tombstone, chairman; Mr.
T. A. Koenig, director; Mr.. p. d. Gates.
Mr. Harry Rubel, Mr.. James Iefeber.
jr Mr.. f. Thomas, Mrs f. j. Kear.
ney, Mrs. Chas Godfrey and Mr.. Philip
A. Kolb are working 10 interest the
community and its financial support
with the object in view of making ii
possible for a series of band concerts
and vocal music to be held in the city
park The first band concert has been
arranged for Friday evening, July %.
from to 10 p m. Miss Selma Men
ninger OF this city viii be the soloist
Tor this concert The committee hopes
10 arrange Tor FIVE additional band
concerts and also to have good vocal
music at each concert They hope
to be able TO engage Miss Clemitine
Malik and also the Russell Meurer
Quartet for one or two concerts each,
and it is possible that Hugo Bach's
band can be engaged for one concert,
and the committee is further planning
TO secure if possible the large Navy
band from Great Lakes. Mr. Philip
Kolb will be in charge of the COM
munity singing.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-07-23
COMMITTEES or THE wAUwAToSA
COMMON CoUNCIL-I920-21
BOARD OF PUBLIC WORKS
Aid. maschmeyer Notbohm. De Swarte.
Marquardt. Wood.

Marquardt WOOD.
-,-~~~~~o~~~~~~-~~~-o~--
Mrs. A. H. Owens is visiting rela-
tives at Hastings, Mimi. this week.
Miss Isabel Skinner expects to spend
the week end with her father in Chi
cago
Capt. Henry Leisk left on Wednes-
day morning to visit friends at Detroit,
Mich.
Miss Myrtle Ellis of Oconomowoc is
visiting her cousin, Ruth Smithyman.
of this city
MIR. and Mrs. j. NJ Nash, Wauwa-
tosa Avenue, are spending some time
At Lost Lake, Wis.
r. S. Lillibridge is at White Sulpher
Springs, West Virginia, in attendance
at the convention of insurance men
Sylvester Ludington and Elmer Van
IUxem left last Saturday on motor
trip to Minneapolis, where they eK.
pect to spend a week.
After spending the winter months
with his parents, Frederick J. Pease
and wife and little son have moved
60 59th and Vliet Street
Mr.. and Mrs Joe Fisher and Mrs. Q.
/ r. Lee took a ten days motor trip TO
northern Wisconsin and Minnesota, re-
turning last week Thursday.
Mr.. l.. G. Wheeler. Wauwatosa Ave
nue. spent a part of this week at Lud-
ington, Mich, visiting his sister and
combinirg business with pleasure.
Mr.. and Mrs. A. b. Koehler left Mon
day morning for New York. On their
return will take daylight trip up the
Hudson and also visit the Niagara
Falls.
Mrs. Fred Van Wagner and daugh-
ter. Alice. have been spending the
week at Wind Lake. and Mr. Van Wag-
rer expects to spend this week end
with them.
There will be a band concert at the
city Park this Friday evening. A good
program has been arranged and it is
expected that the concert will start
promptly on time.
Wauwatosa Chapter, No 219 o. r.
/ s., will hold basket picnic, (potato
salad furnished by the committee) at
! Washington Park next week Thursday,
July %, meeting at the pavilion al 3
p. m.
'@rhe Compulsion of Love" is the
theme Of the Rev Cmums sermon
FOR next Sunday morning. at the Meth
odist Church service in the Masonic
Temple at II o'clock Sunday School
meets at 9:45 a. m.
Mr.. and Mrs Leverett C. Wheeler
BAND family. accompanied by their
cousin. Warren Wheeler, took motor
trip the first of miss week, visiting
Antiago. Three Lakes and other points
in northern Wisconsin
The Suffrage Department of the w
c. T. U, win hold meeting at the Con
gregational Tabernacle next Wednes-
day afternoon. July 2S, at 8 o'clock
The civic rights of women in Wiscon
sin will be discussed by prominent
speakers
Capt. Henry Leisk and his sister
Miss katherine Leisk. Kenwood Ave
nue.. were most pleasantly surprised at
their home on Tuesday evening by
some of their friends in honor of'their
18th birthday, which occurred the next
day. Wednesday. They We're present
ed with a most beautiful boquet OF
roses and baby-breath. arranged in
twin saskets The captain. by request
told many "reminiscences and incidents
OF his days of sailor life. on the high
seas and inland lakes and all present
enjoyed the informal evening.
William f. Bark. well known to
many OF our citizens, died on Satur
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-07-23

Recent study has proved that The
juices Of lemons. oranges. onions and
garlic kill disease germs. Those of
lemons and garlic are most effective
IN this way. II is the free acid in the
fruit juices that does the business.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-07-23
Philanthropx Under the Ban.

In Burmab il is rather suspicious
thing TO give money for a charitable
object. II is supposed to mean that
the donor has been very wicked and
that he is DESTROYS of making amends.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-07-23

Mrs. A. H. Owens is visiting rela
tiyes at Hastings, Mimi. this week
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-06-02
'HUERTA VERY i'll
New Mexican Chief Unable. to
Attend Inaugural Reception.
for Appendicitis
Scheduled for Thursday.

Mexico City, June 2.-Provisional
President de la Huerta is more crit
ically i'll than first reports indicated.
it was generally believed here today.
Following his Inauguration yester-
day afternoon the new president was
scheduled to go to the presidential
palace for a reception but was phys
ically unable. An operation for ap-
pendicitis may be performed Thurs
day, it was said today on good
authority.
Beginning at 10 a. m. today. 10000
troops were to march thru the city
streets as evidence of their support
of the new president.
Gen. Alvaro Obregon, now having
returned to his status of private citi-
gen, will be an onlooker. The day
will be observed as a legal holiday
thruout the country.
De la Huerta became provisional
president of Mexico in less than thirty
seconds yesterday afternoon. 1t took
no longer than that for him to take
the oath of office. promising to abide
by the constitution. Owing to his i'll
ness. President de la Huerta did not
make an inaugural speech.
On arriving at the house OF con-
gress, the president greeted the thou
sands standing outside. He entered
the building thru a lane of soldiers OF
the presidential guard, wearing new
uniforms made for the occasion.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-06-02
Churches Would
Make Friends of
The Newspapers

Cleveland. o., June 2.-Reports of
the publicity and community commits
sions were presented at today's session
of the church and community conven-
ton of the commission on declarations
of the federal council of Churches of
Christ in America.
1.-The founder of Christianity would
have gotten along with reporters IA
mously," the report of the commits
sion on religious publicity states.
HAD. there been newspapers In
Jerusalem" the report continues,
"every newspaper man would have
protested in his heart against the
crucifixion whether the policy of the
paper allowed him to protest publicly
or not"
The report pleads for the intelligent
cooperation of the churches with the
newspapers for the sake of presenting
to the public the larger work of the
religious organiza ton but without
glazing publicity OF the type formerly
employed by atent medicine COM
DanieS"