davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-02-16
rhe chilc.n omerins.

Books will open at 10 o'clock this
morning for subscriptions to the new
s24. 900 OF ReDubllc of Chile external
loan twenty year sinking fund S per
cent. gold bonds at 80 per cent. and ac-
crued interest. This is the frst. South
American offering in this market since
the ono IN 1915. which was short term
Issue. and it offers an opportunity for
Investment diversincation. The mini
mum yield on the bonds held to ma
turity Is $50 per cent. as the Issue Is
redeemable rs a whole at the option ..
the Chilean Government on any interest
date on sixty days, notice at. tlo and
cc-ued interest on or before February
I. 1881 and at i05 per cent. aud ac-
crued interest thereafter \ sinking
fund will be created sufficient TO retire
81 200 900 principal amount OF bonds a
year az not exceeding / 10 and ACCRUED
interest on or before February J. 1891,
and at not exceeding i05 per cent. and
accrued interest thereafter will be Gre
ated. II the bonds be not purchased Tor
those prices, sinking fund moneys VIII
be used annually to redeem bonds at
such prices by lot. lndorsing tie chilean
loan financing. Joseph p. Grace. OF W.
r.. Grace e. Co. said In part: Prom
our knowledge of tho resources OF Chile
and our experience in doing business
there we feel sure that the investment
Is safe and ATTRACTIVE"
The New York herald., 1921-02-16
M'ADOO SEES BOOM
ON WAY In MEXICO
Ex-Secretary Believes Obregon
Will Prove Equal to Big
Task He Faces.


William c.. McAdoo expressed the
op.nioa yesterday that TIE day OF re-
ha5i!,s lion. Tor Mexico is da@nine and
tina. President obregon and Ills col
!esg-es are likely 70 succeed Ia esrablish-
ing = ::cw -. of peacs. order and pros
perity.
Tanned by q months vacation III Cali
fornia and Mexico, tho former. Secretary
% the Treasur? returned to his desk in
tile financial district YESTERDAY prepared
10 plunge into q large amount OF work
that had accumulated III his absence.
He took occa sion TO deny again the
report that he is to take charge Of Mexi-
can railroads
~ am not looking for a job" he de-
clsred II have big job of my own
hight here and expect to work at IT.
MY McAdoo declared that what Arexi-
co needs most to-day il, first. clean,
efficient and stable government !: secord.
prompt and satisfactory settlement of
differences with foreign goverunehts and
cf all International obligations third.
rehabilitation Of the national credit. He
believes that the chances for such a
change are botter now than at any other
time IN the last ten years. He said that
the traveller in Mexico sees on every
hand peaceful conditions and evidences
Of revving activity among the people.
Il had the opportunity OF talking with
President Obresou at length said Mr.
McAdoo Contrary to reports, found
him in excellent physical condition. He
struck me as a man Of fine common
sense, great sincerity and full compre-
hension Of the serious problems con-
fronting Mexico.
'.AIexico Is a country Of vast undevel-
oped natural resources. She is abso-
lutely dependent upon foreign capital
for their development, which is essen
tial to the. progress and prosperity OF
her people The only available market
for capital and credit is the United
States. s
'"MeXicau states men must thercfore see
that the true interests OF Mexico are
frier dship and good understanding with
the United States. and that the con-
trovcrsies between the two countries over
American rights in Mexico must be
promptly and satisfactorily adjusted 80
that to American capital will be assured
the safety and protection which will In
duce It to engage In a large way in
Mexican enterprises.
'.Of course. rehabilitation OF Mexico's
credit is vital. This cannot be accom-
piished until there is prompt recognition
and adjustment Of Mexico's international
obligations
The New York herald., 1921-02-16
c..sssnw over s.utherm rsciAc.

Waip street Is specIisting OH the prob
aDhitr Of Southern Pacific Company
ezorcisins its option csredeening on or
after March 1. is.i. the issue OF Central
paeifc Railway Company's European
loan por cent. bonds. 3y doing so the
Southern Pacific Company could effect
material gavine at present deprecisted
exchange valiies With, the pound stcr-
ling at its presoat rate Il would cost
about sfs.000.o00 20 redeem ~ outstand.
ir;y Central Pacific bonds at par. thereby
i.eies sing securities or q par value OF
about ss4,0D0,Ooo. whioa includes ss5,-
100000 o., capital stock OF the Southern
Pacific Railroad Company. Less than
so per cent. Of the Central Pacific Euro
pcsn bonds remain IN the hands of the
public There were authorized f9.s15,-
600 srd southern Pacific holds f5.05s.-
900 The Central Pacific European a
ara sasrsnteed principal and interest by
Endorsement OF tho southern Pacihs
Company. and that guarantee 'is secured
BY dspcsit ofssscurities Of afaliated cons-
The New York herald., 1921-02-16
SAC PAULO SEEKS
LONDON LOAN NOW
Brazilian State Turns to Brit
tish Bankers-Would Bor-
row f6, 900. 900. 4


Ha The state 81 Sac Parlo. which was ne
so;iat.nS Several weeks ago a loan Of
100000. 00o in this market, has turned
70 London and op aned resot.atlons with
=. RI. Schroeder Co. for loan o.
$4,000 900. That firm. however. has de-
, cided TO associate. Il possible. an .Anierl-
can banking house not affiliated WIZ
the so-called South American group l'
the financing and would make, il present
plars be carried out. soma sort or joint
offering in London and New. York. pay
4 able after a term OF years in dollars
or sterling at the holders option.
V The news OF the negotiations with the
\ British banking house is definite ard
recalls Sac Paulo's efforts to get the
loan of $50, 900 solely in this morket
At that time the bankers here and
! the authorities OF Sac Paulo'had reached
I a definite agreement as to coupon rate
buying figure and maturity. but they
sgiffered radically as to the amour,
which. might be floatcd here. The New
Work bankers were Teady to take a firm,
icomniInent Oh $50. 100000 and wanted
an ootion on. the balance to be exercises
if tifs sails was success. The Brazilian
authorities stood out for $4,000. 900. ~
or nothing. ard the barkers here carie
to A final decision that their offer Il
purchase saU.000,000 was the limit 81
that time.
z I As the Investment market turned out
! AftefthouEhts indicated that the entire
$50. 100000 might have been floated sue-
cessfuily,, but al the time no one wished
TO spEonlore an issue that was not certain,
of'success because the bond market then
had to be nursed along
The New York herald., 1921-02-16
General Motors Financing.

Rumors that the General Motors Cor
poration would issue soon $4,000. 900 ;ol
bonds or notes in this market met with
square denial yesterday. II was pointed
out that rho company's financial statG-
ment az of December 81 would show a
sst'sfact ctory reduction in inventory as
we'll as cash on hand in excess Of s45::-
-00v.o8S.' ft' frns -iJ-er stated thatrthere is
no necessity. of General Motors rinanc-
ing. despite the fact that bank borrow
inss of the company approach the sT5.-
100000 mark. The banking ,loans- are
In sections Of. the country
wherc the corpora tion has adequate de-
posts to more than warrant the loans.
The New York herald., 1921-02-16
NEW SUGAR CONTRACT SUIT.
crnnLiin Resner, seeks TO E"-
force Huntington Deal.

PnlLApELrHfA. Feb. 15.--Another suit
for the enforcement Of sugar contracts
made last summer was started here to-
day by the Franklin Sugar Refining
Company against l.. G.. Huntington &
Co.. wholesale bakers and confcctioncrs'
supplies of this city.
Huntington & Co, according to the
papers In the suit. repudlated contracts =
FOR 2s0 barrels OF sugar at 22js cents
/. pound. and damages of sii. ;0T.7J arc
claimed.
The New York herald., 1921-02-16
Jerse, c,,y 10 Award.

TIE directors o, tevsu uhe inu arsnc~
ot tile city os Jersey CRY will award
tomorrow 81 1900. 300 of not exceeding
8 per cent. three year tax revenue bonds.
The bonds will not be sold FOR less than
par. and in addition to the amount bid
the suco sssful bidder must pay accrued
interest at the rate borne by the bonds
from their date "a the date OF payment
Of the purchase nricv The proceeds. OF
their sale win be apoNed 20 tlte payment
Of a like amount of hostins and tenn
porary Indebtedness, and tie issuance OF
'-Fse's Ns-- t-i-DNf rc.'-. tfs~ the -"Tciepllole
,i..a.ovy o. isc,1e aad gastness Needs
.e.dpy. hsxt to last psse.--AdE
The New York herald., 1921-02-16
Average Bond Prices
Yester- Net Week
BOND NEWS AND MOTIFS.

The General Petroleum Corporation
has sold to Blyth.s Wittcr & Co. $500
900 Of ten year Z per cent. bonds. which,
those bankers will offer shortly. tThe
General Petroleum Corporation engages
in the production. transportation. refin-
/ ing and distribution OF petroleum and its
products in California. This is the most
recent of several OIL bond issues f7oated
lately. In the last few weeks new financ-
ing mas been done by the Atlantic Re-
filming. Gulf Oil and Barnsdall Corpora
tioa.
The New York herald., 1921-02-16
Reading Bond. Active and strong.

Whatever Reading bondho.dels thini
o.! the segregation plan. Which, was. alec
late on Monday Afternoon IN the Unitec
states Dist5ict Court, the coaipan! 's gen
ersi 4 per cent. bonds we're active and
strong :. sterday y Thssturnoveg OF Read
ing general Is yesterday was neariysi0O.-
600. ra.ca Is IN irarxed contrast 90 only
s7.. 900 on Morday. 1'hc highest price
paid for tie bonds yesterday was IS "
ard tho lowest sSas. The low level on
Monday was SIS. and tie liah and clos
ing pric. sea In the opinion Of some
bond men the plan Is prejudicIai % in
forests OF seacral mortgage bondha' ders,
snd IN some aisr.ers It wss predicted
that not all o. .he comaary's boadhold-
,rs will agree to tie PROV isions affcctinr.
their bonds sad That a new c'arse VIII
flave n, Dn p-e9 rod.
The New York herald., 1921-02-16
METALS.

on the New York Metal Exchange
yesterday tin was quoted at 34@34.25
for class A., .30@30.25 for class and
34m34.50 for Straits shipments, all
asked. Copper was dull: spot. February
and March, 1925 q 1880 asked. Lead
was easy; New York spot. 40. and
Cast ST. Louis spot. 4.40. both asked.
Zinc WAS dull New York spot $50, and
last st, Louis spot. asked.
The New York herald., 1921-02-16
SUGAR.

The raw sugnr market took an easier
turn yesterday and local rcfners closed
contracts for about 100000 bags on the
basis of ial cents C. and f. for Cubss.
Refined sugar p;iaes ranged from "a to
az cents. less per cent
The range of prices In yesterdays s
sugar future market follows:
The New York herald., 1921-02-16
d. z II. PLANS NEW TERMINAL.

The Delaware and Hudson is planning
TO construct new s1,000000 terminal
in ..Iplaus, Schenectady county. approxi-
mately six miles from Schenectady. The
railroad has purchased six parcels OF
ground at -Alplaus, totalling 125 acres.
and probably viii add to this acreage
Lott
The New York herald., 1921-02-16
a Flat Mn rket.

Certain bond men described the. mar
l:ct Yesterday as soft but others oo-
jacted TO the term and said that the
market was "hat." having los. a consid-
era BILE portion of the vitality that per-
United the Offering OF nearly s5o0.00O.-
900 OF new issues In this market since
January /. On the other hand. there
,ras a good volume Of Transactions and
declines IN the new iss.es occurred only
where the allotment were much araer
than dealers had anticipated or for
witch they we're prepared. Z,
The New York herald., 1921-02-16
Ms..oori p.ciae Plan. I..oe.

The Missouri Pacific. Railroad Com
pany has fled an application ior author.
ity 10 issue si.S36,000 OF trust equipment
notes. bearing 9 8Isyper cent. interest and
payable in twelve annual instalments
after February /, 1925. The object OF
the loan Is 70 buy nfty now locomotives
The New York herald., 1921-02-16
TolIansbee Brothers o1er:nr.

\ syndicate. headed by J.. II. Ho. mes
& Co. and the First National Bank OF
Pittsburs. will offer for sale $4,000 900
Of the Follansbee Brothers Conlpsny's
first mortgage twenty year sinking fund
per cent. gold bonds. dated March L.,
1927 and due on March 1. t941. To yield
about -. per cent The company has q
longi established business and is one Of
the most important producers OF sheet
steel and tin plate in the Pittsburg dis
trict .,.5t-.f, +..- ~ - 80
The New York herald., 1921-02-16

panies of sSs,9s5,SO0 par value. The
bonds are redecmable at par and interes.
on March I. 1921. or any interest date
thereafter on six months notice. Cen
tral Pacific Is have advanced substan-
tally in price during the. last few
months.
The New York herald., 1921-02-16
os.r e.-.na R.rla. mena..

j. s. saclie A co. have been awarded
100000 OF Grand Rapids one to five
year ; per ont. serial bonds. which they
arc o,fering at prices TO yield 80 to 5.So
per cent t0
The New York herald., 1921-02-16

The city treasurer OF Brockton, Mass
awarded YESTERDAY "a temporary loan Of
seso, 900. dated February II and matur-
ins on November 3. 1924. TO the First
Nationa. Bank of Boston at 5.5S per
ceMt discoAnt. ~. "
The New York herald., 1921-02-16
Loon,is ON Committee.

,Eg T.. Loomis. president Of the Lehgh
Valley. has been named a member of
the executive committee Of the Great
Northern, vice Jackson Reynolds, re-
signed
The New York herald., 1921-02-16
srocLson Berrows 100000.

bonds. therefore. will not increase TIE
ciiN.s debt. D..
The New York herald., 1921-02-16

r.insteiu, Ward e. CO.. members OF the New
Yorl; stock f;xchs nge. are distributing a cir
ctlsr containing information about aonle o
the principal Mexican Government, industris
and railroad bonds. ~
The New York herald., 1921-02-16
$24,OOO,OOO
Republic of Chile
External Loan

External Loan
Twenty-year Sinking Fund 80 Gold Bonds
February 1921 To February l. 194l
A SnjnsP PMndnore described create
Cedins
purchased al he
February 1851 lo5s
accrue in re
and p
Company of New
andS0
GUARANTY
The New York herald., 1921-02-16

rrans A. Carlton. formerly With Mcclure
Jones 4 Heed, Is with J. =. Bache 4 90. Al
manager OF the bond and trading department
in their Chicago office.
The New York herald., 1921-02-16

The preyent Officers and directors OF the
Union National Corporation of New York
r. Barnett. president: Thomas Fairscrvis,
vice -president: v. Post Tooksr, treasurer; j.
w. Essiesor, secretary. and W. y. oonncr
and uso-gc n poutey. firectors
The New York herald., 1921-02-16

In the Loan Contract under which
these Bonds are to be issued, the Chill
can Government is to covenant that
il in the future it shall issue any loan
with lien on any specific revenue or
asset. these Bonds shall be secured
equally and ratably with such loan.
The Chilean Government is to covenant
in the Loan Contract to pay to the
Sinking Fund Trustee, beginning May
l, 1921, as a Sinking Fund, equal
quarterly amounts sufficient to retire
each year 81 100000 principal amount
Of Bonds at not exceeding llOao and
accrued interest it retired on or before
February /, 1881, and at not exceeding
The New York herald., 1921-02-16

1O5eo and accrued interest thereafter.
In the event that Bonds are not so pur-
chased in amounts sufficient to retire
them at the above annual rate, the un-
expended balance in the Sinking Fund
on December 18th of each year is to
be applied to the redemption Of Bonds
on the following February 1stsat the
current redemption price. The amount
Of interest accrued on Bonds purchased
or redeemed is to be paid by the
Chilean Government otherwise than
out OF the Sinking Fund
All Bonds not previously retired by
the Sinking Fund arc to be paid at
maturity at l05% and accrued interest.
The New York herald., 1921-02-16
FINANCIAL NOTES.

reynoldg, tish Co.. members OF the
New York stock Exchange With offices in
II Broad street. llavo opened an investment
under tho management OF Melvin
n. savin. formerly with the Equitable Trust
company's bond department.
prnsld,nt and Nathaniel Faeder "a shie,. OF
the American Union Sank.
Frank 4, Carlton: fo,1nsrl,, w,th Mcclure,
The New York herald., 1921-02-16
BONDS NSTOCK EXCHANGE
Z ..f is,

TUESDAY, FEBRUARY Is, Il
The New York herald., 1921-02-16

brIBINnOOV112 . NTNSf duJ IS . svc,
3...... .eas4 III. 6ei2t l0. .. 90
-. ....oSi oSi4 To.s ON & St RI
Belgian Gov 6sSz ~. ,7.-,. 40 Ess = +.
~. 81 ~ d.. : -. .s7ia 10 NJ i str Dc
oI. ..9ti2 1850 Is
...9f 10... -. .Sl,2l b.. ell
The New York herald., 1921-02-16
Railroad industrial and Other

City or Ror- M Cuvss ,eb.
deaux IS 4 S3ls
L. 4.......ss
City OF Mar ~ n.
selliss Is ..Aiasss ti'cp Is
L.. ..7S Series 4
City OF Paris IS 1..... i0l2
IA A.. -. .95.s AlleEh'y Val Is
y Oh Nib
The New York herald., 1921-02-16

,...sc usnque Industriella de Chiue has
opened branches In Rotterdam and rfsvre.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09

In WITNESS WHEREOF WE, the
hereinbefore named subscribers, and
subscribing corporators, have here
unto set our respective names.
C. E. Prevatt,
R. M. Kirkland,
D. E. Knechtel,
E. W. Ford,
j. F. Ganas,
W. C. Norton.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
SYMPTOMS
WOMEN DREAD
Mrs. Wilson's Letter Should
Be Read by All Women

Clearfield, Pa" After my last child
was born last September was unable
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
NOTICE OF INTENTION TO APPLY
FOR LETTERS PATENT

Notice is hereby given that the
undersigned will apply to the Gov
ernor of the State of Florida, at Tai
lahassee, Florida, on the 30th day of
June, A. D., 1921, for Letters Patent
incorporating GROVE HALL HO-
TEL COMPANY" under the laws of
Florida, with and under the propos-
ed charter, the original of which is
now on file in the Office of the Secre-
tary of State of Florida.
C. E. Prevatt,
R. M. Kirkland,
D. E. Knechtel.
E. W. Ford,
]. F. Ganas,
w. C. Norton,
Proposed Charter of the Grove
Hall Hotel Company"
The name of the corporation shall
be GROVE HALL HOTEL COM
PANY".
The principal place of business and
office of the corporation shall be in
the town of Crescent City, Florida.
2.
The general nature of the business
or businesses to be conducted by the
corporation shall be to purchase,
erect, operate, and manage, conduct
or lease, hotels, stores, lunchrooms,
or mercantile businesses or buildings
of similar nature, not prohibited by
law. In other words, to exercise all
the functions and enjoy all the pri-
vileges and benefits of hotel owners
or operators in the broadcast accep-
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
FIND S3,419 GOLD NUGGET
"Poeket Hunters" Despite Fortune
Prefer Simple Life-Don't
Want Wives.

San Francisco.-Realizing compare
tive wealth after months of digging as
pocket hunters" Joseph Miller and
John Stein, finders of the biggest gold
nugget the United States mint has
seen for many years, reaftirmed their
intention of living the simple life de-
spite their money.
Here are the mint figures and re.
turns on the nugget: Before smelling
weight, 307.45 ounces; after smelling
weight. 1910 ounces; recovered gold
was .907A fine; value of gold, 49,
409.57; silver: OS9 per cent, valued at
1910; total value of nugget, $3,419.27.
Last season they divided S13 be-
tween them for five months work, so
the value Of their find, about $500,
means little they say---a good grub
stake.
Their main Indulgence" will be in
a fancier brand Of bacon. Both are
bachelors and don't want wives, for
they say they can cook bacon, flap
jacks, beans and coffee "better'n any
woman"
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
FLORIDA STATE BOARD OF
PHARMACY MEETS IN MIAMI

The Florida state board of pharma-
cists will hold their regular semi
annual meeting in Miami on June 10
and 14th for examination of pharma-
cists. The class which will come up
before the board at that time for ex-
animation will be the largest in the
history of the board.
On the 18th and 18th the Florida
State Pharmaceutical association will
hold it's 18th annual meeting in
Miami Both these bodies will meet
in the Hotel Halcyon which will be
open for the occasion and will be
headquarters for the convention
while they are in session.
J. H. Haughton is secretary and
treasurer of the Pharmaceutical as
ISOLATION and secretary of the state
board of Pharmacists. He expects
to leave Palatka the latter part of
the week for Miami where he will be
until after the close of the two SEES,
! siOnS,
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
CLENDEA AGILE GOLF
COURSE BEST IN
ALL Of BRITAIN

London, June 8.-Announcement of
Glenagles golf authorities that en-
tries of II American professionals,
who will compete in the British Open
championship at St. Andrews, had
been received for the 1000 guineas
has diredted attention toward this
course, which is among the best of
the new links in Great Britain.
Gleneagles was laid out several
years ago by James Braid, former
open champion. The land was partic-
ularly suited for a golf course and
money was not spared to better it.
Gleneagles is in the middle of
Scotland, Is miles south of Perth. 1t
occupies a stretch of golfing country
and the light, sandy subsoil prevail
ing makes the land easily drained and
enjoyable for play nearly all the time.
There are two courses at Gleneagle,
the Kings, which is the champion
ship test of 6, 1875 yards in length,
and the Queens" 2,505 yards long.
The two courses are entirely separate
from each other. In neither are there
any cross shots.
1t was only last year that the cham
pionship course really came into its
own and was in heavy demand. The
construction of the course was start
ed just before the beginning of the
World War but was delayed because
of the conflict and opened only in
1919. Several important tourna-
ments, including the Scottosh. profess
sional and amateur events, were play
ed at Gleneagles last summer.
The rolling character of the ground
provides for wide variety of play.
The fairways already have a springy
turf of fine texture. Formidable
bunkers are supplemented by heath
er, whin, broom and water to present
sufficient hazards for the most ex-
pert golfer. The greens are unusu-
ally large in area. They are reputed
to be as fine as any greens in Scot
land. Each has been constructed
with an individuality which differen-
tiates it from the others and pre-
sents a new problem for the player.
Say It IL. the want adz.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
WILL EXPLORE PERRY ISLAND
Sir Ernest shaekIeton to Leave in
May or June on New Polar
Expedition.

Christianla.-Slr Ernest Shackleton,
the antarctic explorer, will leave in
May or June on new polar expedi-
ton.
He will take with him a dozen men,
chiefly those who accompanied him on
former expeditions, and contemplates
being away for about two years.
The Norwegian whaling boat, Foca
|, has been purchased for the expedI-
ton, and in all probability 1t will first
proceed to Hudson bay, where $50
dogs will be taken on board. Thence
the expedition will proceed to AxeI
Helberg's land. From there Sir Ernest
intends to explore the islands east
ward to Perry island, this being the
main object of the expedition.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1921-06-09
PAGE ?

ly elect all other officers, and until
such directors shall elect the other
officers of the corporation at their
first meeting thereafter, the business
of the corporation shall be conducted
by the following officers: C. E. Pre-
watt. President: K. M. kirkland,
Vice-President; D. E. Knechtel, Sec
rotary; E. w. Ford, Treasurer; and
C. E. Prevatt, R. M. Kirkland, D. E.
Knechtel, E. W. Ford, and ]. F.
Ganas as a Board of Directors, until
their successors are elected at the
first annual stockholders meeting, and
qualify.
The highest amount of Indebted
ness or liability to which the corpo-
ration shall at any time subject it
self, shall be ($35,000) Thirty-fve
Thousand Dollars.
Names and residences of the sub
scribing incorporators, together with
the amount of stock subscribed for
by each of them, are evidenced by
their signatures as follows: