davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-05
READINGS PREFERRED
HOLDERS RENEW FIGHT
viii Go to u. S. Supreme
Court in Segregation Plan.

The preferred stockholders OF the
Reading Company. represented by the
Iselin committee, have decided TO take
active legal steps to oppose the efforts
Of holders of the company's common
stock to change the modified plan OF
the segregation OF the companys coal
properties under which the preferred
stockholders share equal rights with
holders OF the common stock.
4 letter sent out by the committee
yesterday to holders OF the company's
first and second preferred stock states
that those rights have a nominal market
value of about SIS for every share Of
preferred stock and asks every preferred
stockholder to contribute 25 cents for
each share OF stock owned to enable the
committee to defray legal expenses.
After publication OF despatch from
PHILADELPHIA yesterday that the Federal
Court had allowed the appeal from the
modified plan sought by the holders OF
Reading common stock. represented by
the Prosser committee. It was learned
that this committee would send n letter
soon to the smaller holders OF its MEM
bership asking them to Join the larger
holders In supplying funds for carrying
the appeal to the United States Supreme
Court. The first letter setting forth tho
need for $4,000 to make the legal fight
on behalf Of the common stockholders
was sent only to the larger holders.
Appeal from the Federal Distric,
Courts decree OF May 81. 1921, has
already been taken TO the Supreme
Court by the Continental Insurance
Company and the Fidelity Phenix Tire
Insurance Company Of New York. boti
Of which hold blocks OF the common
stock.
The New York herald., 1921-08-05
TOPICS OF WALL STREET.
Atchi.on Record Renected.

The basis for the recent advance in
the stock of Atchison. Topeka and Santa
Fe, which carried the price within almost
three points OF 9o9s, at which It sold in
November, 1920. lies in the roads re-
markable recovery in net earnings. Its
June net operating income of s6.3So.S13
was by far the largest ever shown for
that month, comparing with S5,414,472
net for May, 1921. which was a new
high record for that month, and with
s1,S15.771 net operating income for
June. 1920. Earnings in the first six
months of the current year were equal
to almost per cent. on the common
stock. or within per cent. Of a full
years dividend requirements on that
issue.
The New York herald., 1921-08-05
Nervous Studcbnkcr Shorts.

Shorts in Studebaker shares live these
days In constant state OF nerves,
This was shown in an accumulation OF
buying orders at the opening which
caused the initial quotation to be made
az 7eia. gain of full point over the
final price on Wednesday. Immediately
a brief scramble for stock occurred. add
ing another point TO the upturn. In the
later hours the shares were gradually
offered down to a level only small
fraction above the last price of the
preceding session. The fact of the COM
pany's prosperous condition and strong
financial position was made clear enough
in the report for the second quarter. in
which almost the entire years dividend
was earned on the comon stock. Nat
urally. the shorts are ready to run when
ever the market has a bulge
The New York herald., 1921-08-05
SAYS FREIGHT RATES
KEEP FRUIT COSTS UP
Head of California Exchange
Testifies in Washington.

WASHINGTON, Aug. 4.-Most OF a
citrus fruit consumers dollar pays for
transportation and marketing charges
G Harold Powell. general manager Of
the California Fruit Growers Exchange
testified to-day before the Congressional
Committee investigating agriculture
The producer received about % per cent
of the selling price on the fruit, against
81 per cent. in 1913, the witness said
Freight charges were placed 1T "a per
cent, against 1914 per cent. In 1913.
Mr.. Powell said while the committee
might have heard about crooks among
the middlemen." his associations losses
were but $4,000 on $3.50. 10000 worth
Of business done with 5000 wholesalers
in all parts OF the United States. He
expressed the opinion that holding crops
for better markets was not a good prac-
tce for producers OF perishables. =
The New York herald., 1921-08-05
American Car and Foundry.

turn for the better In the business
OF the equipment shares Is foreshau-
owed by railroad orders placed lot tne
cenair 81 about 5000 freight cars, requir-
inc approximately $1,000 tons OF steel
At the start OF its new fiscal year on
Nav / the American Car and Foundry
Company had s30,0oo.o00 of forward busi-
ness on its books, 10 per cent profit
on which would be equal to a sum
$500 600 In excess of the per cent. an
nual dividend requirement on the pre-
ferred stock. From new car orders II
Is estimated that the company will have
no difficulty In earning profits suf-
ficbent for the s3.eoo0o0 required for the
II per cent. dividend on It's common
stock
The New York herald., 1921-08-05
Katy No-Par stock Plan.

J. & w. Scligman & Co. and Hallgar-
ten & Co, reorganization managers Tor
tho Missouri Kansas and Texas lines, de-
c,ined to confirm or deny yesterday the
report that the plans for taking the road
cut OF receivership would call Tor the
issue OF no par value stock. II was
said no official information WOULD pe
given out until the fun plans were an
nouncad. which may come within six
or eight weeks The opinion prevails
IN some quarters OF the financial COM
munity that the issue OF no par value
stock would carry many of the same adj
vantares for the NJ, X. & T. that are
sought by the Eel Paso and Southwestern
In changing It's stock.
The New York herald., 1921-08-05
Penn.y Undecided on Ruling.

The Pennsylvania Railroad has not
yet decided whether 1t will accept or
disregard the order OF the Railroad
Labor Board calling for a new election
to choose representatives for the em-
ployees in the negotiation Of new work.
ing rules. It was stated officially yes
terday. Acceptance Of the order. IL Is
pointed out, would mean the abrogatlon
of working agreements already effected
through committees which represented
10000 workers after the first election.
1t Is felt, moreover, that the form Of
ballot described by the Labor Board.
requiring that each worker sign his
name TO his vote. would prevent mem
bers of the unions from voting for any
other than union officials. even 10 they
so. desired. and thus would insure the
victory Of organized labor in the cleo
ffonG
The New York herald., 1921-08-05
Indiana Standard shares Up.

Standard Oil Of Indiana at yesterdays
highest price of 73 on the Curb was
65s points above the minimum quota
ton Of last week. 1t had virtually re-
covered all of the reaction which oc-
Cured when most of the oil shares fol-
lowed Mexican Petroleum's lead in the
July retreat The company's sales Of
gasolene. of which 1t makes more than
any other company in the country. are
reported to have improved since price
cuts were made throughout it's Middle
Western territory The company has
announced that whereas it had only 1928
stockholders three years ago 1t has now
l9.47s, of whom 1900 ere employees.
No stockholder owns 10 FER cent. of its
total stock.
The New York herald., 1921-08-05
FINANCIAL NOTES.

Directors Of the National Newark and Es-
sex Banking Company Of Newark have
elected William Il. Hooker as assistant
trust officer.
II. II. Weber, formerly Of Eastman. Dillon
& Co., Is now associated with Watkins T.
Co. in the municipal bond department
Simon Cohen. formerly with Phelps &
Co. IL now associated with Jerome H. Sui
Ivan & Co., In charge Of the domestic bond
department.
Max Kahn has opened an office nj 24-2G
Stone street to deal III foreign exchange.
foreign bonds. foreign currencies and United
States Government bonds.
Mckinley Morris 20 Broadway report
the loss OF two city OF Toxic ; per cent.
bonds, due 1852, Nos. 37423 and 5f1an. each
In denomination OF GOO All persons are
cautioned against negotiating them
The New York herald., 1921-08-05
OH output increases.

The daily average crude oil prodution
In the United States for the week ended
July 80 was 1.314.24O barrels. compared
with 1.3o7.36O barrels In the preceding
week, according to the estimates OF the
American Petroleum Institute. The out
put OF the Mid-Continent field was 7l2.-
$50 barrels daily, against 7Oe.iSo bar
rels in the previous week.
The New York herald., 1921-08-05
Pure OIL Well In.

The Pure Oil Company reports the
completion of its first we'll in the Eldo-
RADIO, Arkansas, field with an estimated
production Of 1000 barrels day. The
well is on lease of 2S acres. ON 20
acre tract a mile south of the first COM
pletion the company is drilling four wells.
The New York herald., 1921-08-05
OPEN MARKET RATES.

Prime eligible acceptancea on call. 4isd4
rediscount at Reserve Bank. co 10 80 days.
5II5ls: non-member and private bankers,
eligible. Go to 80 days 5Ad5%: non-eigble,
60 to 90 days, GiaG5M.
The New York herald., 1921-08-05

Commercial paper, Il days 5h: 90 TO 90
days, 81: Liberty bonds and victory notes,
IL days, so: i6 to 90 days, ~; bankers ac-
cep:ances, 10 to 90 days, 80.
The New York herald., 1921-08-05
FOREIGN MARKETS.

1oNpoN. Aug. i.--Prices moved irregu-
larry on the Stock Exchange to-day.
Bor silver, eSssd. per ounce bar gold.
1i5s. Id. money. 3M per cent. Discount
RI tes: short bills. i-i6 three month
bi's. AZ per cent. Consois for money.
49h: British per cert. loan. ssh ;
British ~ per cent. loan, "a ~.
The New York herald., 1921-08-05

official bar silver In New York. domestic,
agi4c. an ounce, unchanged foreign, GiIsc., up
isc. London 3sssd.. unchanged; Mexican
dollars, 467sc.. unchanged.
The range OF silver prices this year:
Highest Lowest.
London ...... 42iAd. Jan. : 309sd. March
/ New York .., 6sMc. Jan. 52ssc. March
The New York herald., 1921-08-05
UNITED STATES TREASURY STATEMENT.

Despatch 10 m w yoRKI
York Bureau.
washington q, 4
The New York herald., 1921-08-05

PARIS, Aug Trading was quiet on
the bourse to-day. Three per cent.
rentcs. 5ef, 35c exchange on London.
l6f COO. : rer cent ,oan. Sif. t5c.
Dollar quoted al i3f. 24c.
The New York herald., 1921-08-05
CLEARING HOUSE STATEMENT.
SILVER MARKET.

Clearing house exchanges. S627 400, 900
balances. 500 200. 900: Federal Reserve credit
balance $40, zoo, ,000
The New York herald., 1921-08-05
U. s. CERTIFICATES AND NOTES.

Closing prices IN open market for United
states certificates OF Indebtedness and notes
fpiptyt
The New York herald., 1921-08-05

New York funds w Montreal. Si23.12 pre-
mluia prg $1,000. Montreal funds III Now
York si011U discount per Si 600.
The New York herald., 1921-08-05
MONEY MARKET.

THURSDAY. AUGUST 4. 1921.
The New York herald., 1921-08-05
TIME LOANS.
COMMERCIAL PAPEH
DISCOUNT RATES. REsEI

Best names. 40 months. Ga6R
Other names. 10 9 months. ........... 6d6A
The New York herald., 1921-08-05

recorded separate line un
were made price outside of the regular lot range
The New York herald., 1921-08-05
NEW YORK STOCK EXCHANGE QUOTATIONS.
nay's sales

10:
lay sales Observation-Disclosures. $40
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
A GOOD SPIRIT

HE presence Of F7aimont's' daiymen at the lee,
tlre given by Dr. Neff at the High School
building shows fine spirit Of corporation which can
not help but boost things materially in the solving Of
the ciys milk problems. There is nothing about the
milk situation which will hurt the business Of any milk
man Other West Virginia cities have followed the
program outlined for Fairmont and nobody's business
has suffered because of compliance If local dairy
stock Is diseased and the milk obtained from such
source dangerous surely no one would agree more
quickly than the dairyman that such animals should
be destroyed
We have not dairyman in this vicinity who will
not be glad to comply with all regulations regarding
cleanliness and sanitation Some of those who supply
the city with milk thought that unreasonable things
would be demanded IN stablns and care Of stock.
in the methods Of stenlzing bottles, etc. Hardly a
man but found after investigation that he had but
little left to do IN order to satisfy the particular.
Milk is the most susceptible thing m the world to
contamination 1t is the easiest way to convey sickness
and disease imaginable No dairyman wishes his Gus
toners to become III from the milk which he supplies
them, and it is certainty that the local committees
who have interested themselves IN bringing all local
dairy conditions up to standard, will find the milk
men ready and willing to comply with any regulation
within reason.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
'SEl0lS CHARGE
AGAINST ST0KER
Monongah Girl Held AS
Witness Against This
Man

The fifteen year old girl who is
being held by the Monongalta
county officers as witness against
Jim Stoker, who Is charged with
serious offense, Is now known to
have come from Monongah where
her parents reside. She had been
missing from her home since last
week. The girl was found Monday
near the home Of Charles Hare on
the Cheat river road. She was un.
conscious and after being revived
at the home of ]. w. Pickenpaugh
stated that she had been held up
and robbed of SO by a man. Fol.
lowing her removal to the Jail. she
told severoI different stories but
said that she was from Monongah,
which was found to be true, the
girl has been an inmate OF the
Girls Industrial school at Salem for
some time, but was released about
three weeks ago. and started to
the high school in Monongah when
the school term began few days
later. She says she is is years old.
but it has been found that she is
only Is, which makes the charge
against Stoker all the more serious.
Just how the girl came to be in
the neighborhood where she was
found has not been definitely as.
lcertained. Certain It is, that she
ran away from home and Is known
to have stayed at house near
townsville for several days.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
MONONGAH

Mr.. and Mrs. Jno. Anthony who
have been visiting with relatives
in Myersdale, Pa have returned
to their home here.
Mr.. and Mrs. ]. W. Cain who
spent the summer at their coun-
try home have moved hack to
their home here.
Mrs. M. j. Lee who is here look
ing after the interest OF her prop.
erty will return shortly to- the
home OF her son. VIM. Lee OF
Uniontown Pa, where she expects
to spend the winter.
Dave Victor of Fairmont was a
business caller here yesterday.
Mrs. A. "A. Dye was visiting In
Clarksburg yesterday.
Mrs. l.. NJ. KILN and mother.
Mrs. ]. A. Harmon were attending
tho art exhibit at tbs ''Y;:: jn FAIR.
mont yesterday
William e. Bennett who recent
~ purchased the property owned
by D. M. Harmon near Monongah
is erecting some additional build
lrgs.
attending the annual N. P. Confer
ence which is being ileld in Clarks.
bhr g this week. Is s4San.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
Great.Many To
Attend Funeral

Funeral services over the body
of FatheriA. Boutlou, rector Of st.
Peters church whose death took
place on&Sunday at Mercy hospital
In Baltimore, will take place to-
morrow morning at ten O'Clock
from the church. At ten o'clock the
office OF the dead will be chanted,
this being a service rconsecrated to
departed priests and following this
solemn high requiem mass will be
celebrated with the Rev. P. H.
McDermott OF CIarksburg, the cele'
brant. Other priests of the diocese
will assist IN. the services. Pail
bearers have been chosen, both
active and honorary and plans are
being made to handle the vast
| crowds which will attend the
funeral. Following the service at
the church the body will be bourne
to Holy Cross cemetery and laid
to. rest sin . plot selected by the
Md priest himself
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
..IiEF MEMBERS
FOR KlNANIIS
Clyde Polling and Profes-
sor Buckley Adj
mitted

The largest attendance for
months marked the Kiwanis lunch
con this week when 113 members
were out. Two new names were
added to tAe roster when James A.
Meredith gave the address OF well
come to Clyde Polling of the Fair
mont Electric Service company,
and Prof. W.. E. Buckley. princi-
pal of the high school.
The club voted to give their
support to the athletic programs
of the Fairmont and East Side
high school and the State Normal
school. Miss Erwin president Of
the student body Of the state nor
NAL was present and spoke in be-
half Of the organization Of which
she is the head.
DR.. A. B. Smith, DR.. L. D. How
ard and DR.. ]. B. Clinton all gave
short talks on the progress that
is being made in the milk situa-
ton. and pointed out that eternal
vigilance is the price Of pure milk,
and that the work SO well started
must be just as carefully followed
up.
J Clyde Morris. city director
who Aas taken keen interest in
the pure milk campaign told the
club OF the plans that the city has
to install modern laboratory and
secure competent men to haGe
charge of some. and Of the end
ors to get the cooperation Of Har-
rison and Taylor counties in Sc
curing a full time veterinarian, and
to cooperate with the state and
national departments having juris-
diction to the end that all the
dairy herds in the three counties
be kept up to the possible stand
ard. The club unanimously endors-
ed the proposition.
The first meeting in November
the club will vote on the new plan
of paying dues and lunch charges,
the entire sum being placed as
dues the amount being sixty dol
lars a year payable quarterly.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
Wonderful for
Sick Stomachs

That's what every stomach suffer.
err says after taking one or two
doses Of DIR. Orth's Great Stom-
ach Prescription
Everyone who tries 1t willingly
acknowledges that 1t does cure in
digestion and certainly banishes
dyspepsia and other Stothach dis
tress almost instantly.
Here's one letter that will give
you an idea of just how good it
Is:
Gentlemen
was sick for several years,
went to hospital after getting no
relief fromSDoctors and many other
remedies that tried. Unable to
work. and confined to the house. ]
was advised by friend to try Doc.
tor OrtA's Stomach Remedy. had
70 faith in anything any more, but
/ tride 1t and to my happy sur
prise 1t did me good. I am now
perfectly well and for six months
have been working every day in the
blacksmith shop. eating everything
want and in perfect health.
It is with pleasure that l recon-
mend DR.. Orth's, Stomach Remedy
to all who suffer as did.
VIM. starkey, Dock Creek. Ohio.
Money back II DR.. ortA"s Stom-
ach Remedy does not do what we
say 1t will and remember that this
remarkable remedy is the prescrip-
ton sof a practicing physician who
used 1t with great success In e%-
actly such cases as yours during n
period of so years. The, H. & H.
Drug store and all druggists can
supply you.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
AS TO Japan

lSsPPARENTLY Japan will have to have first
80 consideration at the Disarmament Conference
Her national point Of view will Lave to be turned com
petey about All her plans for the future, her fin
aneia her expansion her colonization plans based
upon military operations and conquests. Japan has
never considered it possible for her to gain anything
other than by the rule of might as exempfed by her
amy and her powerful alliances with other nations.
There is no doubt but that China would have been
great field for JaPans development Of trade, and
immigration prospect There would have been no race
problem there and by winning Chinese good will and
pursuing legitimate trade operations. Japan would have
had an outlet for her ambitions that would have been of
nestinable benefit to both However. Japan has
never shown anything to China but the mailed fist.
Nov she has established for herself an ineradcabe
hatred and fear amongst the Chinese. who have ample
qualification for their sentiment
The Open Door in the East is one thing which
viii be insisted upon in the Disarmament Confer
enes Japan will have to relinquish her clutch upon
mainland Of China. hold established by conquest
and held by conquest, and she will have to give up
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29

When such men as Charles M. schwab take a
personal hand in smoothing out the wrinkles for
the unemployed, and in planning an emergency
program which can be carried out by the manufac-
turers In securing relief all around, we are pretty
certain to arrive at some satisfactory solution and
get results rather promptly. The apparent wish
to weigh and consider the unemployment problem
from all angles is shown by the numerous commit
tees which will attend the conference on Oct 5th.
Men familiar with all phases of industry and those
who represent labor will be present to assist in the
discussion.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
Bread Line Rush
At Gotham Church

NEW YORK. Sept. 2s.-New
York's first bread line since the
stormy days that marked the start
OF the world war was In operation
today at the church OF St. Marks
in the Bowery, opened last night
under DR.. w. H. Guthrie, rector
Of the church as a result of con.
ferences last week with Urbane
Ledoux. About 900 men many Of
whom raced from the benches in
Bryant Park to be first in line were
fl. A near riot at st Marks chapel
proceeded the dispensing of food.
The men had gone to the chapel by
mistake and 1t was with difficulty
they were persuaded they had come
to the wrong place. Dormitories
have been opened in the chapel and
$50 men slept there last night.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29

her ideas Of preference sths directlon of hnese
Btrade Of politics twill BE hard TO dem0nsate 10
sTspan that peace viii hold IS great nss for her m
the future as yelled threats or active warfare hese
last Two things are the props upon which she has always
supported herself and ii will Be with fears and qliak-
ings that she will give them up. IF she does agree TO
give them up at all.
After Japan is satisfied and the questions Of the
Pacific disposed Of, then and not until them will it be
possible to come to the real purpose of the conference
which Will be hat dealing with disarmament
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-09-29
Miss Armstrong
Dead At Grafton

A message received here today
announced the death Of Miss Min
ME Armstrong which took place
at her home on Walnut street at
Grafton, this morning after an Ill
ness with stomach trouble. Tie
deceased was well-known in this
city and several Fairmont people
will attend the funeral which takes
place on Saturday. Among those
who will go to Grafton for, the fu-
neral will be Mr.. and Mrs. III. p.
Robinson, Miss Susan Powell and
the Misses Adelaids and salIie Pin.
nslla