davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-04-21
$500 TO lINvEsr ron AUNT.

&. d. wish again to take ad-
vantage of your valuable financial
service 1T Becomes incuInbent upon
me to invest $4,000 fer an aged
aunt, and ! have thought fayorably
of Americas Telephone SD rele-
graph. What would you advise in
regard to this stock, and would you
suggest others? ! have $4,000 in
vested in PaclAe Fruit E,x press per
cent notes. Would you advise me
to sell and invest in Americsn Tele-
phone and .sTelexraphs The notes
arej due 1926.
Aaswcr-It would not be advisable
we think, to invest all OF your aunt's
fund I'm any one security. She would
be reasonably safe in buying ter
shares of Americas Telephone. II
would be better to invest the balance
of the money in two good bonds, and
We suggest United Kingdom OF Gren,
Britain and Ireland 5Ia's due 1887, and
stsndard OF Of California rs, due
1881. The bonds you hold are high
grade, but II you want larger yielt
and permanent investment you woult
probably find American Telephone m.
telegraph stock meeting your re-
quirements, and the shift is not un
desirable in our opinion.
ID. w. GRIFFITH, INC.
w. r. B., Jr.-Kindly give me
The Washington times., 1921-04-21
half BILLION PAID
RA|LWAYSByU.tS.
Revolving Fund Created by Con.
gress Is Two-thirds Ex-J
hausted Already. ~.

Government loans and advances to
railroads under the provisions of the
transportation act have reached a
total of $5s2. 1882 .125. the Treasury De-
partment announced today.
Nearly s200.00o,000 was extended by
the Government in loans out of the
S300,A 1000 revolving fund created
by Congress to aidNrail bctterments
and extensions.
Partial payments under the guar
anty authorized by the Winslow bill
amount to S123.311 400. Within an
other month such payments probably
will total altogether 5000, 900 600
Payments made by the Treasury in
the farm of advances to carriers. to
which certificates for final payments
have not yet been made amount to
1858. 233,s74. Few final payments of
the guaranty have been authorized.
Only $1.311 ZOO has been paid upon
certificates showing a final account
ing of the Governments liability.
The Washington times., 1921-04-21
C.&0. MORTGAGE BONDS
0. KID AS NOTS SECURITY

The Interstate Commerce Commis-
sion today authorized the Chesapeake
and Ohio Railway Company to pledge
and re-pledgc from time to time all
or part of sAs7,0Oo of it's general
mortgage AZ per cent gold bonds If
1892, now held in the carriers treas-
ury. as collateral security for a note
or notes which may be issued under
paragraph of section 20A Of the To-
terstate Commerce act.
The Washington times., 1921-04-21
FOREIGN EXCHANGE.

NEW YORK April 21.--Thc foreign
exchange market opened weak today
with demand sterling ssc lower a,
1898. Francs yielded five centimes
to 7.30 for cables and 7.29 for checks
Lire yielded six points to $50 for
cables and 4.T9 for checks. BeIgjans
were four centimes lower to 7.42 for
cables and TAI for checks.
Other quotations are: Guilder
cables 34.75. checks 34.13: Sweden
bronen. cables 23.S5, checks 1880;
marks 1.50.
The Washington times., 1921-04-21
THANKS TO THE BEARS.

The following opinion was ex-
pressed by a leading broker. with
the tense situation over the Germa n
reparations which must be settled
within ten days one way or the other
and the English coal strike. to say
nothing of domestic uncertainties, it
is no wonder the market lis quiet.
II find great cause for optimism in
the strength shown in prices with all
these factors working against the
market. Seldom have 7 seen such ac-
emulation of disturbing factors. and
the market is simply passive and
quiet. disregarding them altogether.
All thanks should be given to the
much maligned short interest and
wicked bears. who arc saving what
might be bad situation marketwise
The Washington times., 1921-04-21

other financial interests 10 ar
range for the marketing of sew
eral hundred thousand bales of
the staple, according to latest
advices received here. ,
Mr.. Burleson is working in
conjunction with H.aA. Wroe,
president of the American Ma
tional Bank of Austin, who has
been in New York for some
days. perfecting arrangements
whereby the War Finance Cor
poration will finance the initial
shipment of 100000 bales of
cotton, under plan which he
evolved year ago and which
he has just been able to put
into effect.
The Federal International
Finance Corporation of New
Orleans, it is pointed out, is also
in on the deal, and is giving its
backing to the extent of $780,
600, making a total loan which
has been effected on the propo-
Sition of about 100000.
FUND OF &8O0.OOO.
The plan is that the 100000 fund
be used in paying the freight on
cotton OF central Texas TO Europe,
amounting to SIS bale. and that it
be sold to, European spinners on credit
OF six months. the spinners to be
backed by the banks Of European
countries. Farmers wouli then be
given bills of acceptances upon which
they could borrow money at any bank.
While in Europe Mr.. Burloson. it
is said, plans to arrange fer such
credit to spinners and to. see that re-
sponsible backing for spihners is Sc
cured.
The Washington times., 1921-04-21
70 INTERNATIONAL PAPER

NEW YORK. April 21.-Presiden ut
Dodge. of the International Paper
Company, denies that the company
coDtemplates any financing.
He says reports have been current
that the company was considering
issuing $1O.0o0.0OO short term notes
to take care of bank loans.
Although the company sis a fairly
heavy borrower at the banks he
states. mo note issue is authorized or
contemplated" The 1920 report
showed only SI,595,91s notes payable,
80 that the company must have dor y
good part of it's borrowing since
the first of the year.
This rather kills the hope of COM
mon stockholders for an initial cash
disbursement, and leaves only the pos
sibility of a stock disbursement from
the large surplus piled up in the last
four years.
1t is rumorcd that a fight is on To-
proxies for the annual meeting, as II
is stated many stockholders are dis-
satisfied over receiving no dividends.
CENTRAL LEATHER PREFERRED.
IT is estimated that Central Leather
will show a deficit for the first quar-
ter OF s6,OOO,OOo, of which approx
Wateiy So,ooo,ooO VIII represent write
tfs on its large inventory and $1,000
600 operating loss.
1t Is also rumored that many pre-
ferred stock holders are exerting infu-
ence to have the regular dividend
continued seeing that some improve
ment has been experienced in the in
dustry.
If the $500 900 shown in the annual
report as a reserve" and deductei
from the value of it's inventory Is still
available for use. the. estimated deficit
for the quarter will leave the com.
pany with a profit and loss surplus Of
slightly over s3,OOO.000 and would
leave the inventory account at about
$50. 100000.
! However, If the inventory value at
the close of the year was 500 500. 900.
as shown in the balance sheet. thea
the entire surplus would be wiped out
by the first quarters deficit.
The Washington times., 1921-04-21
LIVERPOOL COTTON MARKET

LIVERPOOL, April 21.--There was
q fair demand for spot cotton at the
opening today. Prices We're steady.
Sales were 5000 bales.
American mids. fair. 1867; good
mids., s.57: fully mids, S.Oc: mids.
I.31; low, 6.32; god ord, SOY; ord.
4.32
Futures opened quiet today.
The Washington times., 1921-04-21
yNCREAsuNc OIL PRICES.

There are rumors of further in
crcases In the price of crude oil. and
many traders wonder how certain
bankers arc able to connect their talk
on the necessity of readjustment and
a return to lower costs with advances
In prices by companies with which
they arc sometimes believed to be
Interested.
The Washington times., 1921-04-21
DIVIDENDS.
CHICAGO GRAIN MARKET.

CHICAGO. April 2l.-Wheat opened
unchanged to u higher; corn. x 10
lower; oats unchanged to q ;owcr
Openings: Wheat, 1853 al. .5A
July, I.05% k1.o5h. Corn, May. 5oA
@5SA; July. 67M dGIk September
6fG 63Js. oats, May, 3TH W37%; July
1914 a3S%; September. 4O@39%.
The Washington times., 1921-04-21
SMELLING DIVIDEND.

American Smelling and Refining di-
rectors meet on May , and IL is ex-
pected the dividend will be passed
entirely.
Several houses have become bullIsh
on the coppers recently on the ground
that nothing warse can happen. now
that most of the leading producers
are shut down.
1t is no doubt correct that condi-
lions Will improve some time. but
those who refuse to get enthusiastic
at present believe coppers Ia a long
way from permanent Improvement.
They point out that many OF the
large companies under existing costs
cannot operate at profit on less than
15-cent copper, and they do not look
for this price until n good part of the
accumulated surplus has been worked
off.
The Washington times., 1921-04-21
CAPITAL TRACTION GAINS.

For the first quarter of the year
earnings of the Capital Traction Com
pany show an advance of nearly
$4,000 over those of the same period
OF 1920, according to a statement is.
sued at the company's offices today.
The total earnings for the period this
year amount 10 1861 $3.50. .'
The Washington times., 1921-04-21
LACKAWANNA TO PAY
STOCK DIVIDEND

The Interstate Commerce
Commission has granted author
ity to the Delaware, I,ackawan-
ma & Western Railroad to is
sue $4,000. 900. par amount OF
common stock to be distributed
among the present stockholders
~ dividend.
Tho company had asked for
permission to issue approximate
~ seo.ooo.ooo In stock divi-
dends.
The Washington times., 1921-04-21
I.C. c. Denies Railroads Plea.

The Interstate Commerce Commits
sion today denied the application of
the Wheeling and Lake Erie Railway
Company for authority to pledge
securities as collateral for short time
notes. According to the commissions
decision. the record does not disclose
that the applicant has any of It's
securities in it's treasury available to
pledge
The Washington times., 1921-04-21
sTUDEBANER RUMoRs RESUMED.

Reports that certain prominent
financial interests are to become af-
hliated with the Studebaker Company
refuses to die down. They have crop
ped up again as strong as ever. and
1t is stated that an announcement
will be made following a meeting of
directors on April 80.
The only change in the present ru-
NOR Is that two men are to be added
to the board instead of the one pre-
viously named. The traders who ex-
pect these developments also look for
Il celebration marketwise.
The Washington times., 1921-04-21
NEW YORK COTTON MARKET,

NEW YORK, April 21.--Cotton open.
ing prices: May, 1l.05; July 1888:
August offered. 12.Ti; october. 1912:
November. 1890 bid; December, 1864
January. 1H.1H.
The Washington times., 1921-04-21
Wall Street Gossip

probably be along the same lines as
taken by American Telephone.
First, however, the question OF
rates will have ito be finally deter
mined. As soon as this is completed
and IL it turns out the way the
company hopes-thcyz' believe that
something will be heard of new
financing.
In order to encourage investment in
dend from 81 to IS annually is looked
for. Traders who are discussing the
rumor say the plan is all right-ii
1t works. OUT. -
CANADIAN PACIFIC FINANCING.
Many houses are anxiously await.
ing some announcement on the
Canadian Pacific financing. IT IL
stated that the road has already APP
piled to the Canadian railroad com
mission for permission to issue the
new securities.
The weakness OF tft stock. 1t IL
understood, is not due so much to the
talk of financing as IL Is to selling
for foreign account. good part
of the foreign sales have originated
In England. representing holdings
taken over during the war. while
other blocks have come from Hol-
land.
COCA COLA BUBBLE BURST.
The attempts to run Coca Cola
| skywards were temporarily blocked
by the statement of President Chand-
Ter that as the company has not yet
absorbed all it's high cost sugar there
is no likelihood of dividend being
declared next month.
The Washington times., 1921-04-21
LIBERTY BONDS

NEW YORK, Aprn 81. Opening
Liberty bonds quotations: aus.
Ssa.oo: FIRST Sc. ssI.iu; first Az.
ss7.:2; second ii,'s $3.50: third avs.
5000; fourth ii.'s. ss7. 80. Victory
:h's. sJ5.ii: Victory ans, SoT.fG
The Washington times., 1921-04-21
NATIONAL SAVINGS DIVIDEND.

The regular dividend of the Ma
tionaI Savings and Trust Company of
~ per cent has just been declared
payable May 1. The stockholders to
participate in the payment must be
OF record OF April %.
The Washington times., 1921-04-21
LOCAL CALL MONEY MART.

The local call money market, which
has been under discussion for several
months. will be put in effect on May
I, according to the plans OF the local
bankers who have the matter in
charge.
The Washington times., 1921-04-21
CONSOLIDATED GAS rLANs

Traders look for important develop
n'snts In Consolidated Gas. They
whisper that the expected action win
The Washington times., 1921-04-21
PRESIDENT DRURY RETURNS.

President Peter A. Drury, of the
Merchants Bank, has returned to the
city, after short business trip to
Chicago.
The Washington times., 1921-04-21

Investors Service


I'm
without gu
unpublished
Washington
nee
The Washington times., 1921-04-21
Burleson Enters Cotton
Game on Huge Scale

Former Postmaster General Albert Sidney Bureson has
gagged the large scale and is his
to Europe special commissioner of Texas banking and
The Washington times., 1921-04-21

ID. w. GRIFFITH, INC.
w. r. B., Jr.-Kindly give me
The Washington herald., 1921-03-26
Student Goods .p.
In Cooler After
Cuckoo Cooed.

CHICAGO. March z5.-A cuckoo
is rated as a poor conversstionslist.
connning his monotonous remarks
to the time and half the dime hs.
is wrong. However. there are e&-
ceptionk
Herbert-c. Swanson, q student az
the Chicago Medical College. went
to have his trousers pressed He
had but one pair 80 he sat in the
living room OF George Kyrcakobc-
lus while that artist was taking the
bag out OF his trousers
After he had departed. Georre
discovered that his bank book and
two orders for s275 were missing.
Detectives traced the orders to
bank. The trail next led ~ q de-
partment store where the purchaser
had bought a SIS cuckoo clock-
Nearing Swanson's apartment they
heard a cuckoo call the hour. En-
tering, they found him gazing ad-
miringly at the clock. .-.-.
How did you know ] was hereZ
he asked
"A little bird, told u.s." the de-
tectives said.
The Washington herald., 1921-03-26
Jersey Sanction Waited
For. Joint HdrbOr Blu


NEW YORK. March 25.-with the
passage Of the port development bill
at Albany. sanctioning the proposed
compact bringing New York and
New Jersey into a common port dis
trict to be supervised by joint COM
missioners. interest in the treaty
now centers VI in the action of the
New Jersey legislature.
1t Is expected that the matter will
come to vote in New Jersey within
the next few days. A similar bill
has been passed by the New Jersey
senate.
Governor Edwards is expected to
veto the bill OWNS to strong oppo-
sition which exists In Jersey City
to some provisions. 1t IL the belief
OF members of the New York and
New Jersey port and harbor devel-
opment commission. however, that
there Is such an overwhelming SEN
timent In the State generally for the
creation Of port area that enough
votes viii be mustered to override
the governors veto. -
The Washington herald., 1921-03-26
MURDERER HIDES;
WANTS TO Give UP
Believes Chicago Police viii
Kill Him on Sight; Seeks
Sheriff.

CHICAGO, March 25.-"Tommy"
O'Connor, murderer of Detective
Sergt. O'Neill, is hiding in the city
and anxious to surrender to the
sheriff He is in deadly fear OF
the vengeance of the police, who
have orders to kill him on sight
and he will not risk a battle with
them, or surrender to them IL he
can manage to surrender to the
sheriff before they get him.
An attorney representing O'Con-
nor began negotiations today to
this end, but he will have to work
rapidly. for the police are drawing
the net tighter around the MUIR
derer. O'Connor's attorney was
making desperate efforts to get in
touch with his client and tell him
that the squads OF r,demen search
ing for him had instructions to
show no quarter.
Application for writs of habeas
corpus for the release of O'Connor's
father, mother, three brothers, a
sister and a brother-in-law, all of
whom are under arrest, were made
today.
The Washington herald., 1921-03-26
OBRECON STARTS
DRIVE ON REBELS
Mexican Troops Massed to
Crush Revolution in
Coahuila.

SAN ANTONIO. Texas. March 25.-
The obregon government today
opened war on Mexican revolution
lists in the State of Coahuila.
Federal troops concentrated from
nve states poured into Coahuila in
the largest troop movement under
taken by the Mexican government
in years. The offensive is aimed at
a revolt launched by Gen. Francisco
Murguia. Scattered reports of the
mobilization and offensive were con-
frmed this afternoon by official au-
nouncement of Mexican Consul
Montemayor at Del Rio.
Federal troops were massed in
the states of Neuvo Leon, Chihua-
hua, Durango and Zacatecas, and
then were ordered into Coahuila.
while Obregonists in the besieged
to aid the incoming federalists.
Among the revolutionary leaders
are Gen. Candido Aguilar, son-in-
law of the late President Carranza.
and Luis Blanco, wanted by Amer
lean authorities. They have $500
well-trained troops at their COM
mand. with headquarters in the
Burro Mountains.
Montemayor also declared that
Gen. Plutarco Gales would be nam
ed secretary of war within a few
days. This report denies previous
rumors of break between Gales
and Obregon.
The Washington herald., 1921-03-26
dan CUPID SECOND
TO MEAL Slip NOW
Marriage License Clerk Saws
Girls Wed Older
Men.

HOUSTON, Tex. March 25.-Mar-
riage is a business now-not a love
game.
That's the observation og Don
Kennedy. marriage license clerk, in
Houston.
Girls around 20 know a boy of
Il can't support them" said Ken
nedy. so they're looking about for
older men-men who have estab-
1ished themselves and who can pro-
vide homes and luxuries."
Ages of contracting couples have
changed in the, last year or SO ac-
cording to Kennedy
Girls of 1s(or 10 years used to
marry boys OF about that age-or
"a maybe" he said. Now the women
are picking older men,"
His license record for the last two
months showed the women average
at marriage 81 years, while the men
average 36 years.
And there aren't any blushine
brides or stammering bridegrooms
anymore, according to Kennedy.
Now they breeze in as IL they were
ordering coffee and order a license
without batting an eye." the clerk
said.
The Washington herald., 1921-03-26
DENLY BOOSTS 74S
A.E.F. DEVIL DOGS
Gives Permanent Commission
In Marine Corps for
Bravery.

AS a reward for their distin-
guished service from Beileau Wood
to the Argonue. 74s temporary Off
GERS and enlisted men of the Marine
Corps have been awarded permanent
commissions, Secretary of the Navy
DENLY announced yesterday.
OF this number 219 are captains,
,122 of whom were noncommissioned
officers; 276 are first lieutenants. of
whom 1877 were men of noncommis-
stoned grade. and 253 are second
lieutenants, $50 of whom were
former enlisted men. The selections
were made by a board headed by
Maj. Gen. John A. Lejeune, COM
mandant of the corps.
Leading the list of captains is
Leroy p. Hunt. winner of the Dis
tinguished Service Cross, who served
as a major in the battalion which
effected the historic crossing of the
Meuse on the eve of the armistice.
Second to him is Clifton II. Gates,
winner of two distinguished service
crosses and one of the best-known
officers of the A E. F. for bravery
and daring.
First On the Est of first lieuten-
ants is Louis Cukela, winner Of the
Congressional Medal OF Honor.
The Washington herald., 1921-03-26
.INQUIRYSTARTED
NTOCESSATIONOF OF
CHICAGO BUILDING
U. S. Experts Aid Illinois
In Probe of Alleged
Combines.

CHICAGO, March 25.-with, gov
ernment experts sitting In and as
sisting, the joint legislative COM
mittee of the Illinois legislature
today began its inquiry insc the
causes that have stopped building
industry in Chicago, forced more
than 100000 men into idIeness,
crippled the railroads by shutting
off Shipments, and placed the ten
ants of the city at the mercy Of
greedy landlords.
1t has been alleged that there
are combines between the manu-
facturers and. labor unions to pre-
vent the buying of any outside ma
terials, although these materials
cold be purchased for much less
than they can be had in Chicago.
The unions will not handle these
outside products. regardless Of. the
fact that they are union made. This
places contractors at the mercy of
the building trust, assuming there
is such a trust. 1t will be the aim
of the committee to uncover, the
facts in this respect.
Union carpenters and brick ma
sons refuse to accept the proposed
81 an hour offered by the contrac-
tors, and are holding out for 81 %.
This, in the face of The fact that
less than As per cent of them are
employed, and many OF those VINO
have work are in other cities, work
ing FOR much less than the Chicago
scale. The banks announce POSI-
lively they wilr not advance any
funds for building operations until
prices Of labor and materials come
down and the evil Of daily jurisdic-
tional strikes is overcome
The Washington herald., 1921-03-26

Especial Cable TO Ths Washington Hersid
and Chicago Tribuns)
by GEORGE sELDBs.
EIsLEBEN. Prussian Saxony.
March 25.-Passing through village
after village yesterday to the town
preached. and died, saw peacefui
Easter Sunday preparations. Cnii.
dren played with Easter eggs. Old
women displayed their Easter
cakes. and the houses were festoon-
ed with garlands, according 10 the
ancient custom
Suddenly a squad OF bicyclists
swooped down upon me, held me up.
and searched me. They were the
advance guard of the Communist
revolutionists who besieged ard
held Eisleben for three days.
From this point on the road was
not safe and. advised to do SO by
the bicyclists. ! went into ditch
by the side of the road and worked
my way for Ave miles, sheltered by
the bitches and bay racks. to Els
leben itself.
Girl Leads Communist Band.
As I entered the outskirts of the
copper mining town a band of Com
munists forced entry into a girls
schoolhouse, which they converted
into a barracks, sending the fright
ened girls away.
Next I met<sirl Communist, who
is the leader of one of the main
bands of the besiegers.
These green dogs Cthe German
militiamen wear green uniforms)
killed my three brothers during the
revolution last March,. she shouted
"and I am revenging myself"
The girl told me she had begun
we'll" by killing at least "one oi
my foes
This Amazon Communist said she
spent the daytime peacefully. but
at night ventured out at the head
of her band.
She had passed groups of militia
frequently while on the way to her
The Washington herald., 1921-03-26
SIMONDS SEES
DOWNFALL OF
LLOYD GEORGE
CONTINUED FROM PAGE ONE.

CONTINUED fhUM PAGE ONE.
overturning the ministry. British
history is full of just such domes-
tic political upsets, due to unpop-
ular foreign policy. What Lloyd
George needs is a success some
where-and no success is at the
moment discoverable.
Business As UsuaI- Blocked.
The truth is that the whole Brit
ish outlook is disturbing. India,
Mesopotamia. Egypt and Ireland
continue to drain the treasury and
block the resumption of business
"as usual" The German situation
threatens new economic distur-
Dances. Unemployment has become
a positive menace. The most he
roic efforts made by the government
and stoically accepted by the peo-
pie TO set the financial house in or
der have been partially negatived
by the political conditions in the
rest of the world and the miracle
which the government is asked to
perform cannot be performed.
In this state of affairs the de-
parture of Bonar Law deprives
George of a steady, loyal, useful
ally, who retained control of much
of the Tory party and. at least
makes possible a general break up
OF the coalition and a new election
in which George might still win,
but could hardly be certain of sue
cess and at best could not hope for
another house as docile and COM
pletely under his hand as the pres
ent.
Copyright, 1891, by Mcclure syndicate.)