davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

Gompers Commander Galbraith sets
forth the purposes and aims or tho
American Legion and makes II clear 10
the American Federation OF Labor presi-
dent that the Legion has no fight win
any organization which is law abiding
and bears aloft the principles represent
ed by the emblem Of the American nag
Tho position OF the American Le-
gion in political controversies, wrote
commander Galbra!th rs neutral ana
non-partisan. We are on record IN IA
vor Of policies and are not Interested
in political differences as they arise In
different sections OF tho country. In
great national organization, It Is ncces-
sary that the individual members retain
10 themselves the greatest freedom In
matters OF political affiliation. religion.
etc. and that they decide upon their own
conduct along these lines strictly In ac-
cordance with their conscience. Two
successive conventions of the American
Legion have unqualfedly upheld and re-
Itrrated this policy. The Lc-
giUn Is stcadfastiy opposed to- the use
of force or violence in furthcrancc OF
any doctrine. and will oppose such meth
DDS through the lawfully constituted
authorities wherever they may appear.
I'm closing" wrote the Legion COM
mandcr, Il wish to assure you that l
appreciate sincerely your courtesy in
bringing this incident to my attention.
and II. during the coming year. 1t may
b. reported TO you from any source
that the American Legion Is acting in
violation OF the general principles which
| have set forth. shall esteem 1t 4
personal favor II YOU will bring the
facts to nv attention. - To merit
y t,1,s
and groups Of people Of the United
States is our aim"
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
Pretty Tribute Paid Champ Clark
ByF. Mcneil, Bethany Classmate
PROTEST EXECUTION
OF IRISH PATRIOTS
Telegram to Peter MAcSwtnsy Starts
Flood Of Messages to wash
ington.

Wheeling vii, ~ r"pr"srat"H IN n
';,rGc number % kilograms sou; yes
;rrday 10 tho government officials in
Washington protesting aHLInN; the
further executions Of Irish patriots of
tn" IRISH Republic
TIL" flood IT kilograms sen; from h"r"
hcg,r yesterday morning. when Peer
j. MaCSwiney. brother OF the lat" Lord
Mayor Terence MacSwin"y 80 Cork. re-
ro!vNd Il communication from !. -
Walsh OF Chicago. director oC work for
tho American Association for the rec
ignition OF the Irish Republic. The com
munica,,on i as follows:
Chicago. II.
Peter MaCSw!n"v
Windsor Hotel. Wheeling. " Va.
The execution ny British authorities
90 SIX I-..:hmcU - clear Vocation pro-
visions Hague convention. 1917. respect
ing laws and customs or war on lard.
Please rush kilograms to senators and
congressman. Washington. demanding
r"mon strarrc he sent by American gov
crnmcnt 70 Great Britain. Also 10
president. Arrange for every newspaper
:o- immediate protest. Twelve Other
mon already condemned I" die. More
than 40 awaiting trial. Unless This
protest is mad" with great vgor,
Strengthening will continue indefinitely.
J. c. Walsh.
Immediately there were kilograms
sent by The officers OF Terence Mac.
Swiney council. of tho American Assoc
citation Cor the Recognition OF the Irish
Republic and during the day there were
several more Sent
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
KIWANIS CLUB
George walters, western Union Mana
ger % Address Luncheon Meeting
Today

ToGai's mco,.ag OF the k;wan.S club
nrnri;scs ,u lac one Of n" biggest and
hes, held N several weeks and last
weeks 1875 record Is expected IN l."
passed.
There ~" several Interesting and a?-
prai:Hr numbers on tn" program. and
W. +. Moore acting SECRETARY n h!S
weekly notice. has given jus: an !nk-
l'rg Of wire, !S scheduled for tn" NEE
Ing; and ,noHch 20 ar"mS" interest.
Thor" Viii L. Il talk by ir"rg" Wal
tcrs. Of III" Western lu.nn and az 'n-
portant prize. In addition ~" music
committee has secured tn" following
must, ians who vi, ,'''ria.n for twenty
minutes: Miss Margaret Roberts. con
tral;n. i:oh Wr'i.aws bass. Charles
Meyers. tenor: Invil nan!'' -. |fol:n''h
and O!!v,r Edwards pIan.s:.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
FAREWELL TO MR.. SCHMIDT

George II. I. Schmidt. who f"r the
past th:rty-ciEht years has been con.
nected with III" George r.. Sti:cl store
has been rendered a fond farewell by
his many friends In the store. NJ,
Schmidt retired last Tuesday. AFTER MS
long service. hHt before leaving was
given a beautiful silver BASKET and 4
pair OF silver Candl"stiCks.
Mr.. Sch midi for many years was The
vice president and general manager OF
the company. His future plans have
not yet been announced.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
PROMINENT WHEELING ATTORNEY
RooHD AND GRADUATED
WITH DECEASED DEMO
CRATIC LEADER.
.CHAMP CLARK WAS A REAL MAN
A MAN ALL THROUGH," BE
SAYS-LEApER OF CLASS
OF 73.
MoURNED NATIONAL HOUSE LEAD
Err PAID HIS LAST VISIT TO
WHEELING SIX YEARS.
AGO.

Champ Clark was Il r"A' man. = man
all through. and rs death hTtrcS :" Il
close \ useful carer ~ man VII"
made himself what ne WAS 10y his own
hard work AMI STEADY" was the comment
made Yesterday by Mr.. r. !. M'N"". u
lorrrc- SCnooi MAZE and room mat" or
the late Democratic hous" leader. who
PASSED away yesterday ~ NHShincton'
II. T.. following 4 brief illness.
NJ. Mcneil and rharnr Clark were
school mates and room mates attending
BETHANY College n l>TS.
Mr.. NcNe,; yesterday afternoon. upon
l.arn:ns os the death ot his friend.
stated: "Champ clark wa~ fellow VII"
was liked BY nj. IL cam" - bethany
College. ;:t;le oder than the res, OF
US. but that was due u his having
worked his way Through thH public
schools IN Kentucky. where he was born
''Fc was = man with no bal habits L
man who studied al through has time
n school and no never sh:rked wha;
~As assigned 20 h:m. WEc' our class
ct - graduated IN 1878. he was chosen
as our leader. ro- hc really was the
lcadc,. % the class IN every respect
He had studied harder. took a more
active interest N the school. and led Us
all the tin" ~ Was there.
"Fo.'Uw!aG his graduation. h" wont
TO Huntington where he was made
president Of Marshall college dcsc7v-
ing position for - man who had worked
himself 20 success. II" later went To
Missouri where nc advanced himself
step by STEP. untN he had gore 10 the
top Of the ladder Of success"
Mr.. Clark came % Wheeling for III"
last limo SIX wears ago. coming with
Congressman ". NJ. Nicely. and ad-
dressed meeting in the Market audi
torium with Mr.. Nicely. TWO or three
years earlier. hN came 70 MourdSr:lle
ror 4 Sunday afternoon lecture 1T the
Moundsville ChautaUGua.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
TWO new ENTRIES
3. L. Frazier for Council in First Ward
r. C. Linsley for Council at Largo.

Two more candidates entered the race
for the coming primary election Ncstsr'
day. one being from IN" first ward and
the other entering at large.
Robert l.. Frazier. perhaps ono ot the
best known residents ct tho city. living
nj Az Main street. announced Yesterday
that nc will Il" ono of the candidates
against capt. W. T. OTTO. present in
rumhcnt from that ward. Robert =.
I.irslry j. the man who entered tn"
observation-disclosures race. making thr""
80 lar in this division the other two be-
:nr nrcScnt Mayor r. T.. ThnnCr and
Robert "Trrry" Garrison. veteran of the
world war
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

Twelfth streets, Wheeling. and tbs ap.
pointment OF Bernard T. Kaiser Of
Wheeling acting state adjutant to sue
coed Louis T. Carr OF Clarksburg. re.
signed Commander Sickerson an.
nounces that by maintaining tho state
headquarters here. he hopes to wipe out
an Indebtedness OF $500 and still op.
crate the headquarters on the same b.
sis OF efficiency that has marked IL
conduct.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
Open State Headquarters.

In state department bulletin y"ster-
day State commander J. byron Nicker-
son announces the opening Of the State
American Legion headquarters in the
PEOPLES Bank building. Main and
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03
BOY SCOUT NEWS

A meeting OF the financial committee
OF the Wheeling council Of Boy scout1
was held last evening at tho office OF
Nelson {. Hubbard IN the Wheeling
Steel Corporation building. Several very
important matters were taken up At this
time.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

This evening six troops Of scouts OF
the Wheeling council Of Boy Scouts will
hold their regular session at the usual
meeting places. The troops meeting
are No. :. at the First English Lutheran
church: No. l.. at the First Baptist
church.; No. Is. at the Warwood Metho-
dist church: No. %. at the Fulton school
house: McMechcn Troop No. ]. at the
McMcchen Methodist church. and Troop
No. of West Alexander. at the Presby-
tcrian church.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

Shc-Do YOU know why I refused
you:
He-T can't think.
Shc-You guessed it.-Yoeman Shield.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

All scoutmasters OF the various troops
are expected TO make a report In the
next couple OF days as 10 Who will at
tend the Father and Sons banquet to be
held on April S.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-03-03

The first meeting of the Scout band
Was held last evening at 7 o'clock IN the
assembly room at the Market audito-
rum. Many OF the boys were out and
seem to be taking n great interest IN
this work. The meeting was in charge
of r. ". Forncy. assistant scout exec
utiVc
The New York herald., 1921-06-24
Average Bond Prices
June 30, 1921.
BOND NEWS AND NOTES.
Bond Distribution.

The present lull in new INVESTMENT
offerings, enlivened only by few mu-
nicipal and State securities, affords an
excellent opportunity to complete tne
distribution on some of the issues not
vet completely taken by investors
Books of the s10O,Ooo,0o0 French loan
offered by the syndicate headed by j.
p Morgan G. Co. have not been closed,
but the balance of it to be disposed OF Is
small, and daily progress is being made
in completing its distribution. So far as
the French Government is concerned
the transaction is concluded the amount
of money stipulated having been turned
over to IT, No date for closing the books
has been fixed. Progress is being made
in the distribution of the New YORK
state bonds. No other large amounts
of new bonds are known to be awaiting
distribution. but the market for bonds,
like that of stocks, has had to take ana
absorb a deal of liquidation of out
standing issues. Despite the increase
in the floating supply of outstanding
bonds the market as a whole has stood
up well. although full advantage OF the
easing of the money situation and the
Improvement in the reserve banks posi-
ton cannot be taken at present.
The New York herald., 1921-06-24
Marking Time.

Seldom has there been so little nego-
tiatlon for new financing as exists at
the close of this week. Inquiry In In
vestment house after investment house
disclosed only one deal under discussion,
and that was a relatively small affair.
In consequences the investment situation
may be said TO be marking time and
waiting for the accumulation OF the July
reinvestment funds and for marking
down OF the coupon rates on new issues,
Funds available for reinvestment on
July 1 and thereafter will be unusually
large this year, partly on the payment
of s107, 900, 900 In retiring the Burling-
ton bonds and partly on the size OF the
interest, dividend and maturity disburse-
ments. Bankers look for light week
next week on account 'of the holiday
period. but developments shortly there
after would cause no surprise.
The New York herald., 1921-06-24
COTTON MARKET
CLOSES WITH GAIN
Final Quotations Are a Little
Up From Bottom-Buying
Is Scattered.

The cotton market reacted yesterday,
after the upward movement OF the pre-
ceding session and moderately heavy
offering from New Orleans interests in
anticipation of large tenders on Satur-
day. Prices were about 25 to 32 points
under Wednesdays final bids at one
time. but at the close the market was up
a little from the days lowest level and
generally 18 to 80 points down from
Wednesdays finish. Market movements
were irregular during the first part of
the session, both losses and gains being
established in the first hour or so. After
a brief furry Of selling In the first fif-
teen minutes of the session the list ad-
vanced to 10 points over the close of
Wednesday, meeting increased offerings
on the way up.
At the start prices were points
higher to lower. The markets steadi-
ness at the start was due to a few over
night buying orders from Wall Street
and Japanese interests. The heaviest
selling at the outset came from the
South. Room longs took profits after
the call. but, all in all. the market held
well until nearly midday, when demand
suddenly dropped away, leaving the
market open to pressure from many
sides. Liverpool cables were steady.
The weather. however was unfavorable,
heavy rain falling in the Southwest,
where dry weather is desirable.
The market seemed to disregard the
bullish weather news and reports from
the other side which said that the Man
chester textile strike had ended, as dele
gates representing the operative spinners
had accepted the terms of
The New York herald., 1921-06-24
CONSOLIDATED EXCHANGE.

There were fairly well distributed
rallies in most groups during the final
hour of yesterdays Consolidated Stock
Exchange trading, the extreme of gain
being registered in Mexican Petroleum
and American Sugar Refining, the
former rising 31a. to 111%. and the lat
ter 3, to IN. At the outset certain
steels. marines and specialtles were in
liberal supply. American International
falling AS at its minimum, to 29ia /;
United States Rubber As. to 521s;
Crucible Steel 3ss. to 51h; Industrial
Alcohol 81. to 4sls. and United States
Steel. to 70ls. all five entering new low
ground In active rails there were
average losses of about l per cent.
Republic Steel was offered down 2h.
to 411s; Bethlehem Steel rs. to Az:
Baldwin Locomotive "a. to SO; Ameri-
can Locomotive ia, to 74h; Houston
Oil s. to 46A; Middle States, to 10A;
General Asphalt IA. to 461H; American
Woolen "a, to 65; International Paper
The New York herald., 1921-06-24
Yield. on High Grade Rail Bonds.

The railroad bond expert of prom
.nent investment institution has drawn
n chart showing the average price OF
ten high grade railroad bonds, adjusted
20 maturity. which at the price level in
1880 was 5.54 per cent. f: at the peak In
1902. 3.79 per cent, and at present 5Ss
per cent, or the largest yield at any
time I'm more than forty years. The
significance OF the chart lies In the fact
that the yield of standard railroad bonds
Is one OF the barometers OF tho earning
power OF money. Tho high yield now
shown indicates tho opportunity for in
vcstment under present money condi-
tions.
The New York herald., 1921-06-24

compared with the State OF New York
5 per cent bonds. being offered on a
| 4.70 per cent. basis. The table follows:
The New York herald., 1921-06-24
RniIrond FINANCE AppIicntiop..

The Boston and Maine Railroad Com
pany has applied TO the Interstate Com
nerve Commission for Government
loan OF S3,04900O for fifteen years for
paying Off at maturity the following
obligations St.775.O0O Of Fitchburg
Railroad 3ia per cent. bonds. maturing
on October , 81 10000 600 OF Boston and
Maine 3ia per cent bonds. maturing on
November I. and S27t,000 Of Manchester
and Lawrence I per cent bonds, due
on January J., 1922 The Union Ter
minel Company OF Dallas applied for
authority TO enter into extension agree
ments with the holders Of its notes, ag-
gregating S550.000. for extending for
year their maturity date. which is
october 10. 1921. The Gulf and North
The New York herald., 1921-06-24

There is an additional saving. he
points out, under the New York State
income tax law to residents of New York
state buying the bonds. as they are not
only exempt from all Federal income
taxes but also from the New York State
income taxes. Mr.. Sylvester said fur
ther: "The credit of New York ranks
first among the States OF the Union and
the market prices OF its bonds have been
less affected by those influences which
have been present in the bond market
since 1900 than any other class of Sc
curties, with the exception of those
Issues of Government bonds which
carry the circulation privilege"
The New York herald., 1921-06-24
Mo. Pacific Not to Sell Bonds.

The Missouri Pacific Railroad COM
pany announced yesterday that it would
issue from time to time, but would
make no attempt TO sell, S5,501,000 of
first and refunding mortgage gold
bonds, due on February !. 1949, at least
while the present market should con-
tinue. The company is not in need of
the money and will hold the bonds
until a more favorable opportunity for
marketing shall arrive. Betterment
work. against which the bonds were
authorized, included new depots. the
replacing of wooden bridges with steel
and other important construction work.
The New York herald., 1921-06-24
FOREIGN MARKETS.

LONDON, June 23.--Bar gold. 109s.
Cd. money. 4& per cent; discount rates,
short bills and three months bills, 5h
per cent
PARIS, June 23.--Prlces were fir1ner on
the Bourse to-day: Three per cent.
rentes, 56 francs 20 centimes exchange
on London, d6 francs 81 centrnes per
cent. loan. So francs 20 confines; the
dollar, ~ francs 421l centimes.
The New York herald., 1921-06-24
Chile Seek. Another Loan.

Commercial Attache Mcqueen reports
10 the Department of Commerce that
Chile is seeking another foreign loan
of e2.0OO.0o0, or S10.0O0.0oo. authorized on
the same terms as the one contracted
In the United States to replace the
5000 900 pesos taken from the proceeds
OF the last loan floated in the United
States for public works. The G2,000.0o0
Is presumed to be for purchasing inn
mediate equipment for the state rail-
ways. which would have been purchased
from the proceeds of the original loan
had not part Of the funds been diverted.
The New York herald., 1921-06-24
Tenders Asked.

According to dispatches from Toronto.
the Province of New Brunswick has
asked for tenders to be received up to
the close OF business to-day for an issue
of $1,000 of its per cent. bonds.
The bids are asked for alternatives OF
fifteen year maturity, payable In Can
ada, or ten year maturity, payable in
Canada or New York.
The New York herald., 1921-06-24
BONDS IN NEW YORK STOCK EXCHANGE
THURSDAY. JUNE 23. 1921.
Closing.

RANCE OF LIBERTY BONDS
The New York herald., 1921-06-24

the cotton mill owners. Slight rallies
occurred from the days lowest level
from time TO time, but buying was too
scattered to make lasting impression
on values. A little support from local
interests developed at one time on the
feeling that Liverpool would be firmer
to-day. The days close was a little up
from the bottom. The local spot market
was off 20 points to IL cents.
Range OF prices- wednes-
The New York herald., 1921-06-24

25s. to 1885, Stromburg .. to 27A Amer1-
can Beet Sugar 2l1, to 25% Sears Roe
buck H. to GA, and Kelly-Springfied
"a. to 35il
Marine preferred yielded .. to 457t;
Atlantic Gulf "a. to 1891. American
Sumatra "a. to 46l4; Anaconda Copper.
to So; Utah IA, to 4614; American Smelt-
ing IL. to 32ai; Southern Pacific 1ss, to
6s% Reading /. to 62as; st. Paul IA. to
22a4 Union Pacific !, to l121a. and Rock
Island 11s, to %.
The New York herald., 1921-06-24

ern Railroad Company OF Texas has
applied for authority to issue s341.S0
on twenty-five year first mortgage gold
bonds for paying for the construction
of fourteen miles of road in Texas. The
Elberton and Eastern Railroad has per-
mission to issue $12,050 of first mort
gage 5 per cent gold bonds.
The New York herald., 1921-06-24
Uruguay Gets s4,ooo.ooo.

Unofficial advices received in Wash
ington declare that the British Bank
Of South America has made n loan
OF 100000 10 the Government OF
Uruguay for a year at s per cent. in
terest. Apparently IL Is In the form
OF bank loan and will not be offered
to investors Indications are that Uru-
quay will be able to postpone new
financing in the American market for
several months.
The New York herald., 1921-06-24
DALLAS REpIsCoUNT RATE CUT.

DALLAS. Juno 23.--Rediscount rates
on all securities have been reduced from
SO per cent. TO per cent. by the Dallas
Reserve Bank. according to announce
ment by II, l.. Vanzandt, Governor of
tho institution. The new rate becomes
effective next Saturday,
The New York herald., 1921-06-24
Southern Railway Repays.

The War Finance Corporation has an
nounced that the Southern Railway has
repaid to the War Finance Corporation
s., ,Ooo.0 600 on account of the advance OF
s.. 100000 made to the Southern Railway
system in 1919.
The New York herald., 1921-06-24
Richmond Bonds All sold.

The syndicate headed by Estabrook e.
Co. have sold the issue OF Sl.000,000 OF
the city of Richmond. Va, AZ and
per cent. coupon bonds offered yesterday.
The New York herald., 1921-06-24
Penna 7s

Pan-American
Pet g. Tr rs
3. .S7ls
The New York herald., 1921-06-24
READING CO.'S GROSS
RECEIPTS INCREASE
Surplus for 1920 Slightly
More Than That for 1919
Funded Debt Is Lowered.

The report of the Reading Company
for 1920 shows a surplus. after interest
and taxes. OF $9.721.743. compared with
s9,371. 301 IN the preceding year. Gross
receipts aggregated S16,066.333, against
s15.747.63S in 1919.
The main items of the income state
ment compare as follows:
The New York herald., 1921-06-24
Ncw YorI, state Ronds.

Horace Sylvester. vice-president OF
the National city Company has pre-
pared an interesting table showing the
equivalent yield of taxable bonds as
The New York herald., 1921-06-24

bOuCnP@ Cv -
| 2. .7734
South Pac I'd Is
| 2.......73i2
South Pac Is
| 2.......677s
SoPac ST ter IS
| 1...... .6S
Southern Ry s.
| 5. 49,. .S034
South Ry GIN Is
| 2...... .55l4
| 8. .5.S
| 3. .55l2
Stand Oil Cal Is
| .101o8
| 8. .1013A
The New York herald., 1921-06-24

Au UOCkHupoS
.100i2
AmSmelt& II IS
The New York herald., 1921-06-24

FUKEIUN DVNDs. -
$4,000 Swiss Gov 5}1s. s3% s3N s3% .
tSells cents a share.
The New York herald., 1921-06-24

Gross receipts .... 16. .oe6 1873 15,I47,6 ,633
Expenses n1SSG sS9tngsn s.S, 900 sSs
Total deductions -. s.21s,soi 6.277,427
surp. aft taxes chgs 9,72i.74S a,S71 ,aoi
The foregoing brought the company's
accumulated surplus to 3,996.sS3. as
of December 81, 1920.
Agnew T. Dice president, said that
prior to payment of the / per cent. divi-
dend on the second preferred stock on
January s, 1920. the Reading Company
paid TO the trustees of it's general mort
gage S465,2ss, being the amount re-
quired for the sinking fund and repre-
senting 5 cents a ton on all anthracite
coal mined in the calendar year 1913
from lands owned and controlled by
the Philadelphia and Reading Coal and
Iron Company and pledged under the
general mortgage. The sum of S465.29S
was withdrawn from surplus earnings
and applied TO the purchase Of $574,OOO
general mortgage bonds.
The company's funded debt underwent
a net decrease OF S547, 800 in 1920.
THE balance sheet of the Reading
Iron Company on December 81, 1920,
showed assets of the value of s26, 6,9o3,-
500. while current liabilities amounted
to S4,997.013," said Mr.. Dice. This
company has no funded Indebtedness.
"The 100000 first mortgage per
cent bonds issued by the North East
Pennsylvania Railroad Company under
date Of April 1, 1890. matured April i,
1920. Arrangements were accordingly
made whereby. the payment of the prin-
cipal of these bonds was extended to
April /. 1880. with interest at per
cent per annum. The guarantee OF
Reading Company as TO the payment OF
the principal and interest has been in
dorsed upon the extended bonds. The
privilege has been reserved by the North
East Pennsylvania Railroad Company,
however, to redeem these bonds at lO5
per cent. and accrued interest on April
/. 1925, or at any subsequent interest
period"