davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-01-29
Shell and Dutch

Cables from London continue to tell
Of heavy buying of Shell Transport
and Trading there on expectations of
an offering of new stock on an attrac
tive basis in the near future which
Will mean valuable rights to the pres
ent holders. Shell has been selling
recently anywhere from 4 to points
higher IN London than it has on this
side. Yesterday the market here took
up part of the slack and Shell jumped
3rs points to 80. On the recent fall
IN Shell when all the oils were under
hre 1T broke under so temporarily. but
the come back has been rapid. Roval
Dutch, Shells twin, did comparatively
lttle yesterday, holding around no.
1t is learned that Mexican Eagle Oil.
control of which was acquired last wear
by Royal Dutch is going ahead rapidly
with its development work in Mexico
despite political and seismic upheavals
Eagle this month brought in Perez
No. we'll at depth of 2.14O feet with
an estimated flow of 10000 barrels
about two and half miles north of tho
NaranJos field. This is the first new
we'll of Importance that has been
brought IN in Mexico since the earth
quake "
New-York tribune., 1920-01-29
Realty and improvement

A director Of the United States Realty
and Improvement Company said yester-
day that no dividend can be expected
on the stock until plans for revamping
the financial structure so as to provide
for the twenty-year convertible deb
enture 5s maturing in 1924. He stated
that as result Of the increasing
rentals and enhancement in real estate
values the company's position had been
greatly strengthened. 1t was intimated
that the company might sell some of it's
real estate, taking advantage of present
high prices, to provide funds to pay off
its bonds before maturity. The pool
operating in realty stock has been bas-
ing its operations not upon expecta-
tions Of dividends, but upon the known
appreciation in value of assets of the
company.
New-York tribune., 1920-01-29
Money and the Market

High call money rates hobbled a
market yesterday that had got away
to running start and looked to the
bulls like real winner. Fourteen per
cent call money Offset in a measure
much of the optimism generated by the
highly favorable Steel report for the
December quarter. There was a big
bulge in prices at the opening, with the
steels leading, but the tightening of
the pursestrings soon discouraged con-
structive operations and emboldened
the bears. Resumption of bearish tao
tics made itself apparent in drives
against some of the low-priced oils,
notably Middle State Oil and Freeport
Texas. The latter went off on reports
that the dividend will be passed. In
the case of Middle States, which got
down within a fraction of 40 and then
rebounded to above 43, it is understood
that certain banks are still dscrimi-
mating against this issue in collateral
New-York tribune., 1920-01-29
In Wall Street
100 Per Cent Bulls

Whatever the feeling may be in
other industrial lines, it may be stated
that steel trade interests are 100 per
cent optimists. They have to be, on
the food of business that is coming
their way. Leading steel concerns, it
is learned on the best of authority, are
turning down new business right and
left because they simply are unable TO
promise deliveries within any reason
able time limit. Business in sheet
steel, which is a big item with the
automobile manufacturers, is not being
taken except for delivery in the
first quarter of 1921. it is stated in re-
liable quarters A great deal of other
business is being accepted for delivery
in the third and fourth quarters of the
current year. Comparatively little of
the export business offering is being
accepted by one of the largest steel
concerns, because it is not in position
to promise deliveries. The independ-
ents are marking up prices gradually
The Steel Corporation is still adhering
to the prices in vogue last year, al
though it may be expected to break
away al any time.
New-York tribune., 1920-01-29
Money Market Gnssin

While the official renewal rate at the
Stock Exchange for call loans yester-
day was 8 per cent a certain large
bank in Wall Street asked 10 per cent
for the renewal Of its outstanding
loans and got it. There was big
telephone" demand for money early
in the day, brokers calling up the
banks in large numbers. This was
probably result of the active calling
of loans by a number of institutions.
The Street tried to explain the squeeze
by pointing to impending heavy with
drawals of deposits by the government.
AS a matter of fact Withdrawals to-
day will amount in the aggregate to
not much more than $4,000, 900 COM
pared with Withdrawals recently Of as
much as S100,000O0O in a single day.
Moreover, no Withdrawals were made
on Tuesday, whereas Tuesday normally
has been a day Of heavy Withdrawals
by the government. An officer in one
Of the leading national banks expressed
the opinion yesterday that the reason
for the erratic action Of call rates is
the inelasticity of the supply. The
stock market has a certain amount of
credit at its disposal, this banker says,
and when the demand exceeds that sup
ply rates soar. The banker says the
outstanding stock market loan account
is large but not abnormally large.
New-York tribune., 1920-01-29
Fisher Body Corporation
Acquires Glass Compan,

The Fisher Body Corporation has
purchased the Saginaw Plate Glass
Company. of Saginaw. Mich. which
WI WI be .combiped with the Columbia
piate Glass Company. OF Blairsvillc,
"a and the Federal Plate Glass Com
pany' Of Ottawa, H.. under the name
91 p, the National Plate Glass Company.
me purchase is in line with the policy
of the company to acquire plate glass
factories for the manufacture of it's
own glass for use in automobile BODY
building. IVY
New-York tribune., 1920-01-29
Bethlehem Steel Report TODAY

The annual report of the Bethlehem
Steel Corporation is scheduled to be
issued to the stockholders to-day If
the statement does not show earnings
of better than $40 a share on the com
mon stock and Glass B common the
financial community will be greatly
disappointed. Advance estimates have
put the balance available for the
junior stock issue at 500 to $50 a
share. The corporation probably made
a larger return proportionately than
since it obtained throughout the
greater part of 1919 a higher level of
prices for its products. Moreover
Bethlehem Steel did not suffer from
the strike to the extent that the bigger
steel company did. In 1918 Bethlehem
earned S17.9S a share on the common
stock
New-York tribune., 1920-01-29
Dividends
Extras

AmpHro Mining Compuny-An extra div
aH',,., aosma or per cent has been declared In
OF per cent. both payable Tebrmarv 10
10 Stockholders Of record January a.
thompson. John R.-Extra dividend OF
ov ,'' Sc",s mas been declared payable Feb
ruary 10 to stockholders Of record rebru
airy TO- " u
savage Arms Corporation extra div
payable Aprl 30 to stockholeiers OF roc
ora March !. The regular quarterly divi-
"chus Oh $50 on the common. IA. per
ccht on the first preferred and II. ner
cent on the second preferred stocks wrra
d, a'so uec Jared, all payable March 70 10
7'pckhoiders Of record March
dcnd OF 81 a share has been declared in
e @u'e'en xs on 70 the regular quarterly payment
HI ,'l,,S' S.,oo' ooth payable March 10 to stock
Rn~,1or nuux
New-York tribune., 1920-01-29
Bid and Asked

Bid Asked n,4 ,.s..,
A! Chain ps sG9. IS l-W i Is, ,r ~, ~, Sss.
Am Bnh Nolc 43iY iGix do "a m ~ i,-
Az Oh pr 9lia $, lombard i, 10 NJ
B fd, sgi. lOoas NacaaV 90, 81. i9o ~
( Am { G. p' ~ ile NIa4,.. Ma!.. hr1ei =.
I Am Coz t,1t. "r " O. % M...ali NJ, STINT & =
Am l-..".rs 10, ~. Mcs let pT 100 100
lscsd + pr 81 81 Sg. nsrSssM Hsu ss''s a. 3 3
a., AZ ~, 80 - 10 ISL lines Jl 90
Am Am saaa ss'ui'''' los. ~ is do X a 4 ~, "a
Am a' susA- pr s 10 o44 Mon. rSw pr " W., 100
\ An syn Tsl pr %" % 3, N.s" Va; S,~, a' 10
Nm r'bacn .5Gi4 20 d, vr IL Tx
An Woo prloy lo54. Nn t. x T. -
AnI Aroor I'r ~ 25 Il \ pr 100 iU3
A. a. " " - pr ., Nat l<.nd pr.l0sig lOr
90 "a pr ~ " MIR NJ LIT pr 10 J..
Al c"A,; J.. 90 "a do is. pr ~ ~
Beth IN .nloo lo2'a d. II e.. 4.,4 l2
bAn bAn Edison - " Do.H g. 4s
hro*n sh pr 81 30 Y y J. " ~ ~
nutis l. l,s rloo loS Norfolk So 10 l1s.
Hf''s hlr p ~, 80 oi'I6 9H[' a' " !" o., I.
.,. DO rr 100 owe. BOT pr IS 100
huH & Srs 10 Pacific Coast IS ~
n..1 n s rm% % 10 !"ar = f' u sos. ~ 80 sS,.
~. ,M. s1u,horn rn ~ = 10 - Am i'rt lr.l7s 700
C. & = A lcI Ms llT T. q c q S /. % 20
c1l Alton 70 rc,u Muln e, ~
90 ir ...-. - dp lN pr 100
e Il nj. 3 rinito Ar ,r lo9 lnr
CHI G, Wc., ~. pitu Cnnl rr rI ni
40 pr ..,.. St1k 2ah T. W & i2eL ~
e. 4" w pr llb lls44 I'itu l'noi pr ol %
~ Piit" - * Va pr X 20
CSi ~ q O 5sM - I'r st Gar pr l0.i1 lp5
90 N 90 l05 = $ q j.. 15 -
: y g n J. ~ ~ ty ~ Sr ir lO3& le1
90 !T ... " ~ itchlin1 lit pr -
'lurft f"ao o5H - do "a pr 2iss -
do pr ..,.. ioa lOi II e. s IN l0,iS ,oi,s
g e. lt ,r 5oA ~ q !, XSy n ,y ., al
DO ri w 81 A. 4 /. sw Il -
New-York tribune., 1920-01-29

John r Inglcsby 1r formerly with
farissinson &. Burr. has horono mssociatcd
with lhlip VI shaw & co.
+ !. SoNsmith g. Co have opened offlcos
at % broadway for the trannactlon Of
"a general brokerage and tnvcstinrnt bust
nrHs Jiir moinh"rs OF the firm are
Thomas J.. SeNsnith. Patrick T. CusicIs
ana Joseph II. iIrshhoru.
Tho N"tional Bank of Commerce. hns
adort'd plan by which IT VIII pay hnlr
or IN" coHi or "ducnfionnl courses taken
by II" "mploy'"a. Th" purposc IA to on
cournEc employees to study subJccts which
WIN mia them Ia thrtr work and pave
the way FOR ndvance cemen'
New-York tribune., 1920-01-29
Wool Consumption Increases

Consumption Of wool in December
increased 2o,oo0 600 pounds to $4,000
ooo pounds. Tho monthly report Of
the bureau Of Markets showed that
there was II continued demand for fab
rics made from the finer grades Of
wool, "a per cent Of The totnl consump-
non being OF the fine grades.
New-York tribune., 1920-01-29
Equity" Stocks

Hornblower & Weeks have put out
list of stocks Suggested for purchase
for the 1920 bull market" The firm, by
the way, has taken the stand this week
that the market has definitely turned
for the better. In its list it sets forth
a group of what it calls equity stocks, )"
which it describes as "stocks selling
below value based upon cumulative
past earnings and capable of 'Cruc;ble'
performance" Those mentioned are
Allis Chalmers, whose approximate
value is estimated by the house at SIS
a share; Baldwin Locomotive, $40;
American Can, $98; American Locomo-
tive, S125; international Paper, $115;
United States Food Products, SOL;
American Woolen, $165, and Worthing
ton Pump, $135.
New-York tribune., 1920-01-29

Ian 3o-stcwart- Warner speedometer
Ee6. 2-Superior Steel list pf .....
rep Tobacco Products ..... l,
feb. o-united States Co (extra in
common stocl1) - . L.
New-York tribune., 1920-01-29
The Dollar in Foreign Exchange

The pound sterling, the Belgian and
French francs and the Ira Continued
yesterday in their sensational slide
to new low records for all time. The
mark, however, whose decline had been
most rapid of all. yesterday rallied on
short covering.
Yesterdays rates at the close. COM
pared with those of week ago,
follow: ~
New-York tribune., 1920-01-29
,}ld Asked

I'D Asked sid Asked
Con Cigar ~ Ali. ~ >aab A 7, ,r il is
Cont Can pr To- lrS Scsr, Roc ~ ri
treN 'dri~t. ~ 60 do Or lI5 M
rr" ssrci if ~ 30 : " In $" %
ca Sn ps 10 iU7 T. Ii Sugar9tO va
Deo \ /: G. a, pr lii liz
De- hlbcl.. l0y i'll ~tat,iar,i Nlill 40 l5
Diamond NJ ll3 ,,o t,r -,
Dot tn K, lul Stl,l.nak,r nj 1ul ln,
a va Sup Steel u l0l s l0j
Eikhorn c pr ~ =. Al Ydr,yatcr OF 1Io 30
'Sl,' Gn 49, 'o'S a ,1U - rch lrI pr losAz loi
''n 'henl i>a ~ do c'.s Ii l.
dn JT ..... - lul do ,- l., ~
Gen Cigar pr. ~ loo uo 'ifs pr 20 -
", iT dob su - irAu, W : G2L. tN
" VI "" lNl. 'ity II + Sc 3r
@ $ : si pr 92l. NJ. 'Iu'icr'v,.,i r l;a lSnt1
hartman trI' lpi los Tn HA9 4 T. al ct
llouc-ilar IS Tn ,'tgur ~ nn,
III Central. 50 So. do d. iii 10
li' iaivr pr 80 l0i T. Drug lst r,r II sll.
dp ir ,tpi .rla - l.. -tin ~ ur l3D
Int Ni,kr pr 81 o0i4 SClr&F pr s8 -6t~
lit salt .-.. sVtc - T. = I Al pr iOs lOY..
ip"A rcntfN. $ ~ pr 4CH. 47as
'"N'l lie" - ls'g t1l Sec CNrp l0is log.
~ pr - es ~ INnicaD Dc,iu - Is
Nsyscr E,'Ec ! lio iso do .r $ 81
hc.S Apr pr W. 100 Wet Md ID pr i, 1e
N",''y wheel ~ hi M"'f i'ac pr. 30 n31.
10 pr y" ., +, Nrst'se A Il II, llGH
heoN * ID VI 3@l W,s'se VI LIST - ~
- 40 pr 20 20 Wilson Co III % W
Nf,'' ~ 20 Wh |. y pr l6 lpi.
90 pr 4uu 40 iNilDs . ir.. Nria 80
i.aricde Ca. 4i 30 WIS Centrnl y 81
i.".' j. W ~ ln.i 'WooiNurh pr ll2i4 ia
90 hr l''s IKE. VIZ ( N Ip A aa
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
THE VANDERBILT DEAL.
While some of the Washington

While some of the Washington cor
of the big dailies are
out stories to the effect that
the Vanderlip deal for a concession
lin northeastern Siberia is defeat for
the Soviet theory, their statements are
more by what they believe
their papers want than by the circum-
stances Of the case.
The concessions made to group of
LOS Angeles capitalists, headed by
washington d. Vanderlip, involves one
of the most sparsely settled districts
of the world, the territory Of Siberia
west of the 166th meridian. It is a
matter of fisheries, furs, oil wells, min
erals and forests, rather than of peo-
pie.
Russia can not defend these unde-
veloped natural resources from the
Uapanese, who claim. sphere of in
huence over the whole of eastern ST.
IBERIA. Hence, ia granting something
which she really does not have to a
group of American capitalists she may
well be cleverly setting two of her
enemies, Japan and America, at each
others throats.
We, of course, win defend the rights
of our capitalists in Kamchatka On
the title bestowed by the Soviet gov
ernment. The fact that the men be
hind the scheme are Californians, will
strong anti-Japanese feelings, adds t
the international dynamite at present
In tina aituatinn- n.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
WASHINTON LETTER

WASHINGTON, D. C.-Sentiment
;among the leaders Of farm organiza'
'tions meeting here to consider the low
price crisis appears to reyOlve around
the following points:
Farmers should try so far as pos
sible to hold back their produce to
prevent further Cutting Of the mar
!ket
To enable them to do this the fed
ieral reserve board and the govern
Iment should do what they can to pro-
wide credit.
The demand for a renewal OF the
war finance corporation in behalf Of
the farmers is almost universal. This
government institution was used dur
ing the war to finance manufacturers
!of war supplies who could not secure
adequate financing on proper terms
through privately owned banks.
There is also demand that the
profits of the United States Grain cor
poration, amounting to about so mill
lion dollars, should be used as a re-
volving fund for the extension Of credit
to farmers. A large conference of
Washington, Oregon and Idaho farm
:ers, meeting at Spokane In November,
declared that the situation was due
to grain gambler conspiracy" and
strongly urged the use of these grain
corporation profits.
Federal agents are said to be seek.
ing evidence on which to indict those
urging farmers to hold crops, under
the antitrust laws.
PERMANENT REMEDIES.
As for permanent remedies for the
present situation, about all that stands
out so far is the provision of ware
houses under government control t.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
NEW STANDARD OIL MOVES.

NE" SIANOAHO OIL MOVES.
The latest event in the world strug.
lgle for oil between the Standard Oil
accompany and the Royal Dutch Shell
|concern, owned chiefly by English cap
lital, is the purchase of oil fields in
Sicily by our Standard Oil company.
In consideration for turning over
the Sicilian oil-bearmg lands to the
standard Oil company the Italian gov
ernment Is said to have asked and
received large loan.
Scarcely less spectacular is the an
|nouncement, coming at the same time,
that our Standard Oil company has
purchased the leading conservative pa
lper in Paris, LIE Matin. One can not
appreciate how this fits into the oil
struggle unless he remembers that
during the war the French government
ATTEMPTED to shake itself loose from
the grip of the Standard Oil company
land to find unmonopolized sources Of
oil. By means of publicity, spying,
bribery and other business" methods.
the Standard Oil succeeded in defeat
ling this attempt temporarily, and the
purchase of the leading Paris news
paper is undoubtedly designed to make
the Standards success permanent
Le Matin will undoubtedly be most
patriotic French paper and will hang
the charge OF 'bolsheyism" on an.
| ono who raises his voice against Stand
! hrd'B monopoly in furnishing tn
Eonch nation with ola.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
MiiIer-OlNon

A pretty wedding took place on
Thursday at high noon at the home
of Mr.. and Mrs. O. NJ. Olson, when
their daughter, Miss Emma Olson,
became the bride Of Harry G. Miller
of Virginia, MINI.
The bridal party entered to the
strains of the Bridal Chorus from
Lohengrin, played by Miss Tena Glib
son. .=.., -
Rev. G. Rast, pastor Of the Swedish
Lutheran church, performed the cere-
mony. sss# II. H. ~
Miss Lillian Olson, sister of the
bride, wore a gown Of blue taffeta
and carried bouquet of red roses.
Lester Miller, q brother, attended
the groom. -
Only the immediate relatives were
present at the ceremony, which was
| followed by al four-course dinner.
The happy compile left the following
morning on a short wedding TRIP
and on their return will make thei1
home at Duluth.I itchfeld Review.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01

Washington D. Vanderlip should not
be confused with Frank vanderlip, the
New York banker, who has been in
the public eye for long time
PLOT AGAINST PRIMARY LAWS.
The Republican landslide is being
interpreted by politicians as sweep
ing victory for reaction. Following
the landslide Republican papers and
politicians Of Minnesota, Washington
and other states advocated abolition
of the direct primary laws of these
states and substitution of the old COZ.
vention system.
But as more news comes in from
the election it is becoming apparent
that wherever the people had direct
issue presented to them they voted
against any reversion to old-line pol
itics. In spite of the opposition of
Wall street interests soldiers bonus
laws were approved by the people by
overwhelming vote in New York, New
Jersey, South Dakota and Washington
Bills proposing to change the direct
primary laws were defeated In Ne
braska by a three-to-one vote and in
Montana by vote of nearly two tc
one. Attempts to wipe out the presi
Dental primary were also defeated in
Montana. In the face Of this direct
evidence of how the voters stand, the
politicians may be forced to revise
their idea that Harding's sweeping vic
tory in a mandate to do rs they please
with what the people have won IN Ions
years of struggle.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
Martin Fixen of Morris spent Sun

Martin Fixen of Morris spent Sun
day here.
Mrs. John Mossburg spent Mon
day in St. Paul.
Miss Ida Heller left for visit
at Raymond Monday.
Miss Smith Of Litchfield spent
Thanksgiving at the E. F. Burns
home.
Miss Mable Stauffer returned to
Darwin Saturday, where she is teach
ing.
Miss Jennie Guam left Monday
for a visit with relatives at Pipe
stone.
Miss Esther Olander returned to
Minneapolis Monday where she at
tends Minnesota Business College.
Miss Sarah Mortenson Of Litch-
field spent the latter part of last
week at the Mrs Mary Olander home.
F. L. Smith returned Monday
from Rochester where he visited his
daughter Ethel, who was operated
last Friday.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01

enable the farmers to store their pro-
duce and market It over the 12-month
period, and the provision OF a system
Of credits which will enable the farm
ers to obtain funds for current use on
these warehouse receipts.
This is the plan which has been adj
vocated by the Norpartisan league
farmers for over five years.
And it is interesting to note that
the farm organizations which have
called themselves conservative are
forced to admit the wisdom of the pro-
gram of this unrespectable organiza-
ton.
There is strong demand from all
parts Of the country that the next con-
gress should do something to put the
federal land bank in operation again.
What the conservative leaders of
other organizations do not yet see,
! however. is the obvious fact that they
can not get action on these two meas
ures from the politicians in congress-
Independent warehousing and ware
house loans to the producer is rev.
! dictionary step, striking at the very
! basis of market monopoly. Hence, the
: politicians can not yield, although they
may make splendid gestures and fine
phrases in behalf of the farmer. Only
in state like North Dakota, where
the farmers have secured political pow
er, are effective means for eliminating
market evils possible.
STEEL PRICES TO STAY.
Announcement by Judge Gilbert Gary
chairman of the board of directors Of
the United States Steel corporation
that prices of iron and steel would
not be increased in the near future
does not seem to have produced AMI
ripple Of excitement in that large sec
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01

Bring Us your Turkeys, Ducks
and Geese, Dec. 9, 7 and 9Th. Phone
342 for prices. Central Minnesota
Produce Co. It
The following teachers spent the
Thanksgiving vacation at their res
pective homes: Miss Elsie Rogstad at
Detroit, Miss Honora Murphy at
Litchfield,. Miss Alice e. Thompson
and Miss Wayne Dempsey at Mime
apolis, Miss Tillie Hanson and Miss
Nellie Nipple at Russell.
Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1920-12-01
A aoclat Evenina

Miss Phyllis Kelly entertained 1S
guests last Wednesday evening at her
home at 610 Second Street w. in
honor of Ruth Kelly of De Graft.
Games were played the first part Of
the evening, after which dancing en-
sued. A nice lunch was served which
every one enjoyed.