davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08

Harry +. Sinclair, president OF Sinclair
Consolidated oil Company. declared yes
terday that much OF the aiarmist talk
about the exhaustion Of petroleum was
not Justified. 81 believe that future
necessities" he declared. mo matter
what they may be, win be met as fully
as those In the past have been. Certain
fields have decreased their aggregate
production. But the surface of the earth
has hardly been scratched by those In
search OF oil. At present better methods
OF survey prevail than were known In
the past. but Il would be absurd to say
that anything like comprehensive sci
entlfic search for oil sources has been
made. In connection with the problem
as TO the future supply OF petroleum, a
most Important fact 10 that we are get
ting far more service from given guam
tity to-day than ever before Wasteful
methods OF production. transportation.
refining. distribution and use are being
gradually eliminated and more rapid
progress along these lines appears I'm
minent."
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
General Electric Company.

The surest sign that CORPORATION Is
about to do some new financing In the
near future is to be found In the tape
action OF Its stock. Last week between
TAI and 143 there was steady pressure
Of long liquidation against General Elec-
trio and Il accumulated yesterday into a
stream OF selling that brought point
break to the stock and hammered II
down TO 1876. Officials OF the General
Electric Company &ere unwilling yester-
DAY to give out any Of the details OF the
new financing that Is rumored around
the Street. and although general denials
came from some quarters, they were not
o.f the authoritative class and the Inn
preston prevails In brokerage houses
and In banks that the General Electric
Company will put out some new securi-
ties before the close of the year. General
Electric's billings In August were In ex-
cess of s25.ees.ss0. and In September
was reported to have run ahead OF that
large fetal. II In that Immense turnover
OF stock that probably win necessitate
the raising OF additional funds. sooner OF
later, by the corporation.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
GOSSIP OF WALL STREET.


If It's not one thing II Is another that
holds the damper on Industrial stocks.
On Thursday II was a smash In Texas
and Pacific of ~ points that unsettled the
entire market Yesterday, when stocks
showed every inclination OF wantin- to
go up, decline In ars-Rsebuck. due
to plans for new financing. tended to
unsettle other industrials. Farming ma
chinery stscks also displayed the pres
sure of liquidation. due probably TO re-
ports in the journals of the trade that
buying In those lines Had slumped con-
siderably In the last two weelts. There
were some bulges In the late aftsrnser.
when Baldwin touched iI3 and Crucib'e
1872. but those rallies did not hold. and
the general run of stocks closed irrsg-
ular. Industrials at the close showed a
decline for the day OF 81. while rails ad-
vanced ,35. Money touched s per cent.
In the late afternoon. but declined to 7
per cent before the close. and was not
an important factor.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
Rails Again to the Fore.

Standard railroad securities. such
stocks as Reading. Southern Pacific
Northern Pacific and Great Northern
were again under pressure OF accumuia-
lion yesterday after having been irregu.
lar in previous markets because or profi'
taking. The small non-dividend paying
rails. although possessing a firm unuer-
tone. did very little each way, possibly
icing still under influence of the unset
t,enent carsed by the Texas and Pacific
oh on Thursday. Readings move. u
is currently reported. may be attributed
10 the proximity OF a segregation OF Its
coal pro,erties. Much buying OF South
srn Pacific was traced to house which
had become, In recent weeks, extremely
huilish on prospects of a period Of pros
verify for Mexico.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
UNITED CIGAR STORES MELON
Directors Declare stock Dividend
of 10 Per Cent.

Tho directors OF the United Cigar
Stores Of America have declared a stock
dividend OF 10 per cent on it's comn1o
stock, payable on November is TO stock
OF record on October 10. With the pay
ment of that dividend United Re.
tail Stores Corpors ton, which owns
nearly all OF the stock OF the United
Cigar Stores. Will have 302.45s shares Of
tho latter cooperation In contrast to
$4,000 shares at present
After paymen. OF the propo sed divi-
dsnd the United Cigar Stores will have
distributed this year 90 per cent In
stsok snd Sc In cash 10 lite stockholders
The latest distribution brings the out
standing common ktock OF United Cigar
stores up to s37.sss,o.0. against s27.-
100, 900 at the cless OF last year.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
BANK or ENGLAND STATEMENT

LONDON, Get. 1.-The weekly state
ment of the Bank Of England shows the
following changes: Total reserve de-
creased f2s2.ooo. circulation increased
fs13,000, bullion increased fS0.739, other
securities decreased f13,204o00, public
deposits Increased f5.110.000 other de-
posits increased f23.TS5.0 900. notes re-
serve decreased E213,OO0. Government
securities Increased 900. Proper
ton OF reserve to liability S.s7 per cent.
asst week t1.07 per cent. Discount rate
per cont
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08

Electric Corporation. becomes president
Of the new company and will carry with
him the STAFF and organization Of the
lid company. In aadxien Dr. Coolidge
becomes its consulting engineer. w. s.
.Scndrick, who has for many years had
charge OF the commercial sale Of the
Coolidge tube. IN TO be Its general sales
manager c. C. Dsrnell Of the research
laboratory Of the General Electric Com
pany becomes Its commercial engineer
snd I. D. Ls Fsvre. assistant general
Suditor of the General Electric Conn
,auy. win be comptroller Of the new
corporation. The directors of the new
esr,pany are Herbert 9. Blake. chair
wan Charles r. Samms. J. Fred Hsrtz.
Il. c. Houck. q. u. sunny. 9. H. Blake
and Albert @. Davia
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
Texas Com pnny Rights.

One comforting thought In owning
stock In the Texas Company Is that Its
directors for several years have been
in the habit of increasing its capitallza-
ton every fall In order TO pay stock divi-
dends. That increase in capitalization
always has meant valuable subscription
rights which, OF course. were clear veil
vet II is' understood that that policy
will be changed by the companys direc-
tors and any increase In Its capitaliza-
tion will he just sufficient to care Cor its
10 per cent. stock dividends scheduled to
be declared.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
MONEY AND EXCHANGE.
CALL MONEY.

CALL MONEY.
High ....o....... sLast 49,. ....-..
Tow ......... TlRenewais ......... Z
Years high ...... 15iyssr'r low ........ .
CLEARING HOUSE STATEMENT.
Clearing House exchanges. tT7Att3.5f1;
balsroer, ST. pcs Az; sub-Trcarury debt,
balances, s17s.0 ore Federal Reserve credit
balances. SIS, 1903
SILVER MARKETS.
official bar silver In New York: Domestic.
oa,sc. per ounce, unchanged: foreign, etc.
of i%c.; london, ssitd.. off Nd; MEXICAN
dollars, 6sNc., off &c.
TfNtsI.I rycHANGE.
Now York furdS IN Montreal. sss.Ts pre-
MUM ver 81 900 Montreal funds IN Nsw
York. ssiEf per $1,000.
FOREIGN EXCHANGE.
GREAT BRITAIN
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
PARIS nounsr TRADING.

PAeis, oct. 7.---Prices were weak on
the Bourse to-day. Three per cent.
rsntss, SO francs 80 confines exchange
on London, SO francs ~ centimes; per
cent loan, 81 francs ss centimes; the
dollar. Il francs s6h csntimes.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
LONDON MONEY MARKET.

Lorpor. oct. 7.---f3er silver, Sshd. an
srnoe bar gold. ii7s. I'd. money. ~
per cent. discount rates, short biiIe,
p.r cent. three months bills. 6k %
s1I-ls per cent. gold premium at Lis
bon, i4n.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
EXPORTS FROM NEW YonK.

E1p ports from New York yesterday
Wheat 1855 bushels; barley, 2s.sSS
bushels -four. t00,2i1 sacks; Oatmeal.
2i0 barrels; cottonseed oil, SoD,ooo
pou.ssi tuhrieating OIL s7e.2oo gallons
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08

Terminal Company for the term of thre
years from the date OF their maturity a
extended, November 1. 1920. to Novem
Der 1, 1928"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
sears-Roebuck Dividend stands.

Reports current In the financial dis
trict on Wednesday and yesterday to the
effect that In connection with the new
issue OF Sears Roebuck notes to be Of
fered next week by New York banking
syndicate provision limiting the dividend
or Sears Kosbuck common to per cent
was 10 be made, were officially denied
Yesterday. The first denial came from
a vice-presidont OF the company In Chr
cago. but the street was not inclined
to accept II too seriously. because, 1t was
argued, the syndicate ofebankers ham
ding the new issue would have great
deal more to say as to its terms than
would the company's officers. Later.
however, Goldman. Sachs Co. VINO
will head the syndicate declared that
no provision calling for limit on divi-
dends had been made by the bankers.
Sears Roebuck stock broke shsrpiy yes
terday morning. when the rumor con-
tinued to persist. and sold as low as los'
in contrast to close Of ZIG on Wednes-
day lively rally later In the DAY
brought it back TO 1i3. at wnich u
closed for net loss on the day OF 3
points.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-08
st. Paul's Financing.

According to Information from sources
usually correct on affairs Of the Chi
cago, Milwaukee and ST. Paul It Is ex-
tremely unlikely that the road'wilI put
out an issue OF equipment trust certifi-
Gates at this time, as Is currently re-
ported. but that some financing on a
broader and more comprehensive scale
will be undertaken little later Is prob
able. On January 1 s25.S34.00o OF the
Chicago and Pacific Western division
first mortgage fives fall due. and 1t IS
understood that bankers have been
sounded as to the best manner OF meet
ing that maturity, The opinion most
general in financial circles Is that new
issue OF bonds will be put out 10 care
for It and at the same time provide ad-
dltiopal funds said to be required by
the Company. Estimates OF the total
which It will be necessary to raise range
from $4,000 900 to $4o.0o0.o0o.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
TO THE METHoDIsTs OF COOKE.
WILLIE

Last yar-conference year, l mean
ten. The coming of Ham and Ram
sey to this place brought great
spiritual awakening that resulted in
one of the greatest revivals with
which Cookeville was ever blessed
The Methodist church, along with the
other churches of the town, shared
in this great meeting and enjoyed
one of the most successful years OF
it's existence here. One of the best
reports made at the conference just
closed was the report of the Method
list church at this place. 1t was one
of the best conferences l ever attend
ed. All the preachers seemd pleas
ed with the appointments and all
looked well and happy. The confer
ence was presided over by Bishop
James Atkins who was tireless in
his efforts to look after every detail
of the Masters Kingdom within his
jurisdiction.
One of the most important actions
of this body was the creation of a
new district. The Cookeville District
is now a part of the Old Jerusalem
Conference, with Cookeville as its
base and the home of the presiding
Elder. 1t behooves every loyal Meth
odist now to line up and try to make
the Cookeville District justify the
wisdo moi its creation. This is a
field of almost limitless possibilities
and with the establishment of our
vocational school at Crossville SHOULD
mean a great spiritual and intellec-
tual blessing to this whole upper
country. Rev. w. H. Beasley is our
presiding elder, who, with. his family
will live in our midst and doubtless
exert a gracious influence on us all.
He is good preacher, a nne organ
izer and will do great work here.
Give him a hearty welcome, glad
hand, your prayers and cooperation
and look for even a greater year
than last
No change was made in your preach
er, who Graves and neecs your SYM
pathy and cooperation in the work
to be done this y ar. A most har-
monious meeting of the official board
was held Monday night IN the pastors
study and plans laid out for our
church that will require the energy
and strength of united membership
to carry out. But we can do 1t, and
we are the ones to show the world
how it can be done. NOW all together
with a free hand and heart, and at it
until the job is finished May God
lead us in the work.
Your pastor,
A. p. WALKER,
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
DO YOU KNOW
WHAT IS
THE MATTER?
When You Feel Out of Sorts and See
Things With Dull Eye
LOOK TO YOUR BLOOD
Pale Compilations, Languid Feelings,
Lowered Vitality, Need More Red
Blood. Take Pepto-Manpan

SO many people spend week after
week feeling down and out. They
never stop to hink ha something real.
ly is he matter. They satisfy them
selves by saying, "Oh, I'm not sick,
I'll be all right tomorrow"
And tomorrow comes again and
again. Still they feel depressed and
languid, scarcely able to get around.
If you don't feel like yourself, you
are not yourself. If you are weak
and pale, your blood needs strength
ening. You should know about Pep
to-Mangan, that famout blood tonic.
Physicians recommend 1t and pre-
scribe it because it contains just the
ingredients needed to make red
blood. 1t renews your energy, puts
you where you ought to be. Begin
with it today. Get the tablets if
they will be more convenient to take
than the liquid. Both have the same
properties. But &c sure
you get the genuine Pepto-Manga1.
Ask for Guides Pepto-Mangan," and
be sure Guides Peptomangan" is on
the box. Advertisement.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

Among the thousands of hired
mercenaries sent out over the coun-
try by the republicans to SANDER
President Wilson and lie about the
League of Nations is one Congress
man" Cole. who spoke several times
recently in Putnam county. InvestI-
cation reveals the fact that about
the nearest he has ever been to Cong
ress is to serve as a private secre-
tary or as a defeated candidate. But
minor detail like that need not
surprise anyone.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

Foreign Advertising Representative
The AMERICAN PRESS ASSOCIATION
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
A COURAGEOUS GOVERNOR

Had Governor Roberts been a
smallbore politicians t.me-server
rather than a statesman-he could
easily have drilled through his first
term of Office and been reelected with
out serious opposition. But as an
honest and fearless executive, he had
respect for his oath of office, for his
OF Tennessee. He therefore insisted
upon an equalization OF the burden
of taxation, as provided for in our
State Constitution, and IN doing this
he naturally incurred the hostility OF
certain selfish interests that now seek
his defeat.
Under the new assessment law
the larger and richer counties of the
State will bear their just share OF
Notwithstanding they have not
done heretofore. No longer will lit
tie counties like Clay and Fentress
for instance, pay on a fifty per cent
valuation. while other counties many
times richer pay on as low as twelve
to fifteen per cent of their actual
wealth-and no longer will twenty
counties draw more from the State
treasury than they pay into it,
A vote against Gov Roberts means
a return to the old haphazard system
of irregular ass assments, favor1tism
and fraud, with no real standard of
valuation. Such a vote means that
Tennessee must abandon this for
ward movement and drop back into
the old rut, running deeper in debt
every year. To prevent this calam-
ity, and it would be nothing less, ev-
cry patriotic Tennessean should
stand by the Governor In courage,
in aggressiveness and in construct
i've ability Tennessee never had
greater chief executive, or one more
deserving of endorsement at the hands
OF the people whose friend he has
ever been.
Vote for Roberts and give the new
tax law fair trial. If it does not
prove efficient and satisfactory the
next legislature can amend It,
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

Mr.. Taylor, the Republican candi
date for governor, says mat he would
tax property according to its earning
capacity. In other words the indus
trious citizen who works early and
late and makes his farm or other
property highly productive would be
taxed heavily while his slothful neigh.
Dor who allows weeds and briars to
take his place (however valuable it
might be) would escape taxation to
great extent. A fine system for the
loafer! This is the first time that
we have had seriously proposed a
law designed to discourage industry
and frugality. OF course the consti-
tuition of Tennessee expressly for
bids such an injustice.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

Many doctor has saved patients
life by not being in when called.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

Honeysuckles and the sweet girl
graduate bloom simultaneously. @
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
SOCIAL coURTESIES
IN COokEVILLE
WEDDING ANNOUNCEMENTS

Mr.. and Mrs. Henry Sudekum OF
Nashville announce the engagement
of their daughter, Sara Elizabeth
and Mr.. Stacy D. White of Cooke
vile. The wedding is to take place
early in November. Mr.. and Mrs
White will make their home in
Cookeville, where the many friends
of this popular young man will be
glad to welcome his charming
bride.
Judge and Mrs. D. L. Lansden an.
nounce the marriage of their daugI-
ter, Florence Anne to Hollis Johnson.
The wedding took place Wednesday,
October 10, at the home OF the
brides parents in Nashville. The
many friends of Mrs. Johnson in
Cookeville extend to her every good
wish for the future.
Miss Dewey Storie, of Cookeville,
was married to E. l.. Thompkins Of
California, on Tuesday, October 18th
at eleven o'clock at Mt Helen. After
a brief visit to her parents DR.. and
Mrs. Storie in Cookeville, Mrs. Thomp-
kins and her husband will leave for
their future home in Los Angeles,
California. Mr.. Thompk1ns came from
California in his automobile, and they
will make their bridal journey in the
car. -..
James Ridley Goodpasture of War
re ncounty, formerly of Nashville, was
on Saturday morning to Miss
Sanford Medley of Franklin, Ky.
The wedding was quiet vent but
one of wide interest. The ceremony
was at 10 o'clock at the First Pres
byterian Church in Franklin The
groom's father, Rev. J. r. Coodpas-
ture was the officiant. Mr.. and Mrs.
will make their home
in Warren County, near McMinnville.
Miss Myrtle Isbell and Mr.. John
H. Wbitson were married at the
hermitage Hotel, Nashville, on Tues
lay morning. Immediately after the
ceremony Mr.. and Mrs. Whitson left
or Texas and other Western points.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
CONGRESSMAN HULL

A splendid audience greeted ou1
able and distinguished Representa-
tive in Congress, Hon. COrdell Hull
when he spoke at the courthouse in
Cookeville last week. Mr.. Hulrs de-
tense of the constructive legislation
of the Wilson administrations was
lucid and forcible. He did not mince
words in dealing with the selfish in.
terests that have so largely financed
the Republican campaign and his
defense of the League of Nations
covenant was decidedly the strong
est yet heard by our people. Cong
ressman Hull is right on the job
and is placing the Fourth Congress
sional District of Tennessee in a
very high position in congress. He
is in position to serve US better than
could any new man-and we do not
know of any Democrat who desires a
dhange. We should by ali means
give Mr.. Hull an increased majority.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
REPRESENTATIVE

BILLINGSLEY-We are authoriz-
ed to announce F. N. Billi1gsley as a
candidate for Representative of Put
nam county in the next general as
sembly of Tenn, subject to the ac-
ton of the voters of Putnam county
in the regular election on the End
day of November, 1920.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21

One Jennings Gre n, claiming to
be related to William Jennings Bryan
land most families show black
Sheep was through these parts re-
Gently telling our people how to
vote. Like the other important G..
o. P. hired men he hates President
Wilson thoroughly-so completely
indeed that he cannot tell the truth
about him. He had the nerve to as
sert that President Wilson is an
Episcopalian and so English that he
had to run over to the Island" every
summer to spend few weeks, just
to be near the graves of his father
and mother. And yet every we'll in
formed man knows that the presi-
dent is a Presbyterian and that his
father was a Presbyterian minister
and came of good old Virginia stock
and his mother represented the best
Southern blood in GeorgIa-and that
both are buried in American soil. II
they lie like this in non-essentials
how can you believe them about the
League of Nations?
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
SOME cHAFF

Many q man fails to arrive because
he began with cold feet.
After alf there is a good deal Of hu-
manity in human nature.
Another love affair is the best c.
ment for broken heart.
Too many people spend their time
in trying to be miserable.
Some musicians who play by ear
ought to consult an aurfst.
Where there is a mans will there h
q woman's way to break 1t.
Look not upon the town when your
neighbor Is painting 1t red.
Don't worry about giving his satanic
majesty his bit-be1l get II.
Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1920-10-21
SOCIAL ITEMS

Round Dozen Club was entertained
on Friday afternoon by Mrs. T. A
Early, at her home on Walnut St.
The guests of the club were Mrs.
Rutledge Smith, Mrs. ]. L. Odell. Mrs.
John Hester of ,Cookeville, and Miss
Amelia nellie Ray of Monterey. The
club prize in the game of Rock was
won by Mrs. Benton Carlen, and
the guest prize by Miss Ray. Re-
freshments were served.
Mrs. Rutledge Smith entertained a
number of children recently in honor
of Jeff Reagan's birthday. Games
were played on the lawn and refresh
ments served.
Mrs. Clarence Wilson entertained
in honor of her daughter Eugenie's
birthday on Friday evening with
dinner party. The home was beautI-
fully decorated with autumn flowers,
and a several course menu served.
AN entertaining program of readings
and music was given after the din
ner.
The pupils of Miss Alyce Cowden
gave a recital in the auditorium of
the city school building on Wednes-
day evening, which was very much
enjoyed by the appreciative audience
present. Miss Cowdens pupils will
give an evening recital each month
during the school term.
Miss Mabel Holiday entertained
on Saturday evening at the home Of
her parents, Mr.. and Mrs. o. X. Hol-
laday. More than fifty guests were
present. Old fashioned games were
indulged in, which were very much
enjoyed by all present, after which
an ice course was served. A pro-
gram of victrola music was then CIV
en-.
Miss Alice Keith Ford entertained
the Round Dozen Club on Tuesday az
ternoon at the home of MIR. and Mrs
T.. D. Ford. The guests of the club
were Mrs. Rutledge Smith, Mrs. @.
M Smith, Mrs. James Anderson,
Miss Mae Anderson and Mrs. Claude
Darwin. In the game of Rock the
club prize was won by Mrs. Charles
Darwin, and the guest prize by Mrs.
Rutledge Smith. A salad course was
served.