davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-06-15
Brazil Extends Shipping.

Extension of shipping routes In
both the South American coastwiss
and foreign trade Is provided for ir
new contracts made between the
Pereira Carneiro Company of Rio
Janeiro and the Brazilian govern
ment, tho Commerce Department wal
informed today in consular cable
grams from Rio.
The company will establish resu
lar sailines weekly between Per.
nambuco and Rio, Rio Grande
Montevideo and Buenos Aires, Rio
and Santos, Bahia and Pernambuco
and Libson, Havre and Antwerp.
The Washington times., 1921-06-15
FOREIGN EXCHANGE.

NEW YORK, June 15.-The foreign
exchange market opened strong to-
day, with demand sterling kc higher.
at S3TTA. Francs rose three CEN
times. to s.03 for cables and 500 for
checks. Lires yielded three points, to
b.1t for cables and $40 for checks
Belgians were three centimes higher,
to 100 for cables and 7.ss for checks
other quotations are; Guilder ca
bles 1910; checks, 37.0s Sweden
kronen cables, 2.4b: checks, 22.40;
marks, 1,46b.
The Washington times., 1921-06-15
HAS 81 300 To INVEST.


J. A. Ell have $1,000 from a
matured endowment insurance
policy which l desire to invest in
several different securities that can
be sold again should an occasion
arise whereby should find myself
in need of cash. SFrom time to time
I have picked UP a few investments
and now hold two shares of Amcri-
can Locomotive preferred, nve
shares National Lead preferred.
seven shares LehiKh Valley, four
shares American Sugar Refining
preferred and have invested $1,000
In Liberty bonds. Would you ad-
wise me to hold these issues and
what would you recommend for
my $1,000 investment
Answer.-You would probably fnd
Ave shares each Union Pacific pre
ferred. Atchison Railway prefcrret
and American Telephone Il Telegraph
good stocks for you to put your
money into, The fifteen shares may
be obtained for a little less thar
$1,000, and you will receive an annual
return of 500, or a little over per
cent. We should advise you to hold
the securities you now have, as we
consider them favorably.
WANTS TO LEARN THE GAME.
Q. b. H.-PIesse tell me what
stocks to buy for profit. 1 desire
to get into the game, as I read
In the newspapers that stocks have
had an awful smash and many of
the industrials are sellingg so
or more points lower than for-
nerly, but / am only a green
horn and do not know how to buy
stock or whom to buy II from. In
fact. 1 know nothing about how
the game Ia worked. Please ex-
plain all about II and name the
stocks which are most likely to
go up.
Answer-We do not give tips nor
undertake to put readers into spec
uiative stocks for the purpore of
making profits. "greenhorn"
stands a poor chance of winning In
wall Street and men who play tips
always lose In the end. You should
learn the game" as you call Il. be-
fore going Into the stock market.
Persistent reading OF the free litera-
ture put out by stock exchange
houses. study of the daily market
reports of Wall Street transactions,
supplemented by good financial
publication will give you a workable
knowledge of securities and the
ways OF Wall Street. Don't try to
speculate In stocks until you are
familiar with them and the corpora
tions back Of them. Open an ac-
count with yourself frst. Consider
yourself both the broker and the
consumer. Buy and sell stocks with
the same degree of zest as though
you were engaged in actual trades
ana had money at stake. Keep a
strict record of your transactions.
charslng yourself as a customer with
commissions and credlting yourself
as broker with same. Try IL out
Tor a month and see how you viii
come out. II will be good practice
and help you considerably In learn
ing the game"
The Washington times., 1921-06-15
Liverpool Cotton Market.

LIVERPOOL. June 15.-There was a
limited demand for spot cotton at the
opening here today. Prices were
easier; sales. 5000 bales.
American mids. fair. S10.69; good
mids.. IS. go: fully mids., $500: mids..
s7.84; low mids. se.s4; good ord, $3.50:
ord, 34.64.
Futures opened quiet.
The Washington times., 1921-06-15
NINE FAIR BONDS.

Miss G. l.. M.-Please advise me
IL the following bonds, which I am
thinking of buying for investment,
Influenced somewhat by their ap-
parent cheapness and possibility OF
selling higher eventually. are fair
investments: C.. C., &. a. 81. Louis
as. fe3It Colorado and Southern
refunding IS, 1885, 81. Loufs-Ssn
Francisco prior Hen As, 1886 St.
Paul convertible 41s's, 1882, Rock
IsIand, Arkansas and Louisiana
]Ha's, 1894, LscIede Gas rs, 1921 st.
Paul and Kansas City short Line
u.s., 1871; st. Louis Terminal SIS,
and Iowa Central fs, 1851. Please
pick out the best FIVE.
Answer--We think you have ar
ranged the bonds in about the order o.
yield, quality, and mar
Reliability the considerations. As |
matter OF fact. all of them appeai
secure, and we believe any FIVE viii
give a good account of themselves II
the coming years. They are fair in
yestment securities and offer excep
high yields and ready market
The Washington times., 1921-06-15
ISLAND CREEK COAL
INCREASES DIVIDEND

BOSTON. June 14.-Directors
of the Island Crock Coal Com
pany have declared a quarterly
common stock and the regular
quarterly preferred dividend of
$1.50 a share.
Declaration of the common
st ock is an increase of 30 cents
a share over the $1.b0 paid last
quarter.
The Washington times., 1921-06-15
Investors
Service

The Washington Times will be
glad to answer for its readers
inquiries about investments In
stocks and bonds. 1t will give
the best available information
from the most authoritative
sources. This service is entirely
without charge. and all letters
will be held in strictest conf
dence. Every inquiry must con-
tain name and address of the
writer and q 2-cent stamp for
the reply. II the inquiry Is of
general interest II will be an
swered In the. Daily or Sunday
Times. Address
INVESTORS INFORMATION
SERVICE
Tho Washington Times Finan-
cial Department, Munsey Build
ing. Washington. d. c.
The Washington times., 1921-06-15
Liberty Bonds.

NEW YORK, June 15.-Noon Lib
erty bond quotations: First 31s's.
$3.50; second As. $3.50; first AVS,
ss7.e4: second 4h's. $50. so: third AIS,
se1.44; fourth AIS. ss7o4; Victory
3&'s ana AVS, $9s.34.
The Washington times., 1921-06-15
Dividends.
oRUcIBLE STEEL DIyIDENps

Unless Crucibie Steel directors pro-
duce another OF their weli-known sur
prises when they meet June Is. the
stock should sell at a fair price soon.
Any dividend declaration would con-
stitute a surprise.
The Washington times., 1921-06-15
MEXICAN INTEREST.

Should the new Mexican oil taxes
prove as conhscatory as producers
state. II does not augur well for the
payment OF the interest on foreign
cans that are to ~ paid from these
taxes.
The Washington times., 1921-06-15
TODAYS SALES ON THE
LOCAL STOCK MARKET

washington Gas 7hs. $4,000
1o2Ar
Washington Gas Light. 2O044H.
Firemen's Insurance Company, $50
20.
After call
Washington Gas TVS, $1,000 o
102k.
Washington Railway General 6s.
$1,000 @92h.
Firemen's Insurance Company. $50
20, 2b92O.
Washington Railway preferred, LAC
81, 10@81.
Washington Gas Light. 100 AN
3044h.
Money-Call loan money offered at
Z per cent with 6h per cent bid.
The Washington times., 1921-06-15

AND
IN.
- =. @. T0RDnA

What's the public's answer when
thsy feel they have been subjected to
grossly unfair treatment by business
intsrsstsr For most evils the pub
lic. somshow, manages In time to md
either . cure or . curb.
The pronteering and other con-
tismnable practises fostered by the
abnormal wartime conditions have
the pubiic's determinatio
70 bring powerful financial and In
dustriai interests to their senses and
compel them to give something ap-
preaching 4 square deal.
NEW INDUSTRIAL HISTORYf
Does IL not strike you as II we
were entering new phase OF indus'
trial history In this country?
From individualism in industry We
rather rapidly jumped to coliectiv-
ism, starting just over twenty years
ago.
Combinations sprang up in bewiL-
dering number and on q more coios-
sal scale than the world had ever
before known.
For years these trusts" some of
them honest, some of them dishon-
est, careered along unchecked by
law. 1t took quite some time for
legislation to catch up with combin-
alton.
The Sherman Antitrust law was
the trump card played by the legis-
lators. 1t soon. however. fell into
disuse.
Things by and by became so gall
ing to the public and there We're
some exposures of such gravity that
renewed attack upon trusts was
launched. The dominating aim be-
came "dissolution."
It has been rather convincingly
however, that dissolu-
tion either doesn't dissolve or falls
to accomplish the desired purpose.
The next phase was nationwide
clamor for Government ownership.
This clamor has somewhat subsidized.
What 10 the latest track an aroused
public Is determined to pursue?
The Washington times., 1921-06-15
NEW INDUSTRIAL HIsTORY

Does II not strike you as II we
were entering a new phase OF indus
trial history In this country?
New-York tribune., 1921-03-08
Decline i'm Cotton
After Early Cain
On Foreign Tone
Improved Outlook in Eng
land, With ac Advance,
Followed by Break on Fail
ure of Reparations Farley

An early advance ON encouraging re-
ports from Liverpool .snd the London
conference was followed by reaction,
in the cotton market yesterday. Nav
contracts sold at 1211c during the
morning. or 81 poins net higher. but
lost most of the advance, closing at
11.75c. with the general list closing
steady at a net decline of 6 to IS
points
The market opened steady at an ad-
cables, and after some irregularity active
months sold As to So points net higher on
a private report of settlement of the rep
aration terms.
Reports later that the Allied troops on
the Rhine had received orders to advance
to-day may nave accounted for some OF
the late selling There was no improve
ment in reports from either Manchester
or domestic goods markets. and the day s
fluctuations seemed to be most closely con
nocted with the conflicting news from Eu-
rope.
southern spot markets as officially re-
ported were all unchanged, except for
Dallas. which was rs points higher. Mid
ding quotations in the South now range
from 10. 25c to 1.c.
The local market for spot cotton was
quiet and 10 points higher, at 11.55c for
mid ddlius; no sales were reported
he range of prices.
New-York tribune., 1921-03-08
Open More Suitings TODAY

morrow will open its fall line of men $
fancy suitings TO the clothing manufac-
turers of the country. Last week the
company made its initial showing of
serges, clays, unfinished worsteds and
French backs. The opening tomorrow
will complete the fall line of the com
pany, with the exception of few spe-
cial fabrics. Womens wear fabrics and
overcoatings were opened late last
month, and sales since then have been
reported large enough to cause the final
withdrawal of womens fabrics and q
temporary suspension of the selling of
OVercoatings
New-York tribune., 1921-03-08
Leipsic Fair Opens
With Many Visitors
Americans Buy Toys, but Find
Prices in Dollars Out of
Proportion

LEIPSIC, Germany, March BY
The Associated Press )-The Leipsic
Fair was formally opened to-day with
fifteen thousand exhibitors and one
hundred thousand visitors, more than
half of whom were buyers represent
ing twenty-five countries. There were
about one hundred American buyers
representing firms scattered from New
York to San Francisco. The Americans
bought chiefly toys and novelties not
obtainable in the United States. such as
Noah's Arks, Santa Clauses and various
Bavarian woodwork toys and trinkets
In which the peasant workers excel
The prices on fabrics, porcelains and
many other staple products were
quoted SO high in dollars, as compared
with the prices IN marks, that only
extremely novel offerings tempted the
Americans.
The London reparations conference
was the chief subject of discussion
among both buyers and exhibitors. who
expect its outcome to have a marked
effect on the exchange rate and the
sales during the fair. which will con-
tinue seven days. The fair is the
largest in the eight hundred years it
has been held and is scattered all over
the great city in permanent as we'll as
temporary buildings. The streets have
a carnival appearance and numerous
advertising parades are being held.
New-York tribune., 1921-03-08
Reaction I'M Wheat
On Allied Threat
To Inhict Penalty
Easier Tone on Crop Out
look Followed by Break
on Decision to Invade
Germany; Corn Weaker

CHICAGO, March T.-Chances that
German import of grain from the
United States through Holland and
other countries might be brought to
halt had a bearsh effect TO-DAY on
the. wheat market here, and SO too did
rains in the domestic wheat belt The
close was heavy, ga M2fa net lower.
with March $1.67la @167@4 and Nav
Sl,59G .59i i. Corn lost !. to Ss cents
and oats q to 12@51s cents. In
provisions the outcome varied from ten
cents decline to five cents advance.
Until to-day renewal OF clashinE be-
tween Germany and the Allies had been
generally construed hullish factor In
the wheat pit. but definite announcement
tnat military measures would be taken to-
morrow failed. to cause any fresh advance
IN prices. on the contrary, attention be
came chiefly directed toward the view tha I
from no other cause than financial dis
turbance the German break with the AL
lies would tend 10 restrict or perhaps stor
altogether the rounda bout movement of
supplies from tho United States into Ger
many Much selling pressure here fol-
lswed and that market declined sharplv at
the last. During the eanlier trading wet
wea ther Southwest had put the bulls .at
2 Disadvantages. but considerable rauvine
power was apparent up to the time that
all else i''''1
Corn and oats went down grade with
wheat despite sales of 400. 900 bushels of
corn TO the seaboard
New-York tribune., 1921-03-08
Early Decision
Expected by Gary
On l2-Hr. Steel Day
hief Difficulty Has Been
. WorkerssThemselves, Says
J Corpora,ionH Head; Special
Committee Considers Plan

ussis os the subsidiary companies
: the United States Steel Corporation.
.,~,osinr the special committee ap-
|a,in.ed by ElberT II. Gary, chairman
/ = the board, TO work out plan for
.,;,s;ua.irg the twelve-hour day at the
.,~sorstioa's mills, met in New York
-.,.a~sax. In q statement issued after
~ conference Judge Gsry said that
'.ssapch no conclusions had been
ssssrAea Il was believed that q special
.e~o~t or thus matter VIII be made
r,th;n tAirty days.
we have to-day been IN consultation
s;.b .he presidents Of the subsidiary
.o,. ~ MES. who compose she special
s,,,,r,ittee heretofore appointed 10 con-
.;Ser the twelve-hour day question.
l,~ar7s Gary stated. The members of
r. committee have not yet reached
Y conclusion which Is entirely satisfac-
\,orv &c al. Of them with respect to some
H. tho features involved, and therefore
Ssve Tot made or are prepared 10 make
ss report.
! aHowsver. I believe that within the
.,r, aratlvely near future, perhaps
ta.rtv Gay s. 1r !" t-tt-S more We Sudlt
-s,e.ve Tire result Of sheir investiga-
+s1. TIE .seven-day week and the
To,c turn IN the changing shifts have
been entirely eliminated by all OF our
companies
judge Gary has emphasized in the
-sst tha- she crief difficulty in the way
of orerat ng solely on an eight-hopr
ssr basis at the Steel Corporation
s,e7ts has been me men themselves.
vbs have shown keen desire TO obtain
tie extra compensation that goes with
overtime worS.
william 5 Schiller. president Of the
vas;onsl Tube Company Of Pittsburgh,
: chairman of the special committee
eors!ser.rg the problem Of making a
inform e,ght-hour day at the corpora
+nns nils.
New-York tribune., 1921-03-08
Id. \ X. q. Decision
Paves Way to Save
Road, SAYS Counsel
Stockholders Com mittee
Meets To-day to Discuss
Action on Proposition to
buy Line for 100000

Arthur NJ. Wckwire, Of counsel for
the stockholders protective committee
OF the Denver & Rio Grande Railroad
who returned to New York yesterday
after attending the hearing last Satur
day in Kansas City. where the court
granted stockholders the right to buy
in the property for S1o,oOoo0o I'D to
March 25, declared that the courts de-
cision opens the way to stockholders
to save the road its investments and
other assets from complete loss.
The protective committee, of which
Ex-Governor Benjamin B. Odell is
chairman, wili meet to-day to discuss
steps necessary to meet the courts de-
cree that Denver & Rio Grande share
holders be ready to put up 100000 as
sn evidence Of their good faith Opin-
ion from committee sources is that this
sum required to bind the resale Will
be raised immediately
We have been working day and
night said Nr. Wickwire, "and have
been IN touch with large banking in
terests and feel assured that we have
worked ont d feasible plan to accom-
plish the desired end Representing
over 100000 shares Of stock and hav-
ing the unqualified support Of many
well known New York Stock Exchange
houses and other banking interests
throughout the country and with the CO.
operation Of all these various intere Is
II IS practically assured that the terms
Of the decision by Judges Ssnborn and
Lewis VIII be met
The stockholders are now in q posi-
ton to reorganize and retain their
property. thus making their securities
valuable. This viii net in any way CON
f7ict with the other remedies that the
committee IS following to recover for
the stockholders the large amount that
has already been lost through the acts
Of its former officers and directors.
Actions have already been started to
attack the S5S00o.Oo0 Judgment OBJ
tanned by the Western Pacific interests
and eminent counsel have given their
opinion that such action has a good
chance Of succeeding. In this manner
many millions OF dollars may be re
stored to the railroads treasury"
New-York tribune., 1921-03-08
Penn Seaboard Steel
Reports Deficit

The Pen. Ssabosrd Steel Corpora
tioa reported deficit, after interest,
6srrsc,s-ion and taxes, for the year
e1sss December s.. Of s76s.247, com
1sreG 10 ue- profits q S157.4s2 in the
preceding year. Tie corporation has
CHARGED IF for repairs, maintenance,
sgius-rarz ~ inventories and Federal
tavss. rrae- ls'iv $1,000 GEO. it IS said.
is surplus account at te close Of the
wear stood At ss.915.251.
Tn.s ra7ort reflects the declining &C
t'vi.os vtlca set in during the last
o.ar-e~ II 1920 n the steel business Of
re Tn'-e5 Ss1-es, and shows that =
conservative operating policy was
saoa-e5 ly the company to meet THIS
c1rci-ilr.
New-York tribune., 1921-03-08
Business Troub les
Petitions in Bankruptcy

Petitions in bankruptcy filed yesterday
in the United States District Court were
follows;
EMIL FREEDMAN and HARRY WOLF
SON. dentists, 500 West lslst st. involun-
tary. assets, about $1,000; abilities.
$4,000
HYMAN DO1OwICH. se West 3ad st
inVoluntary assets. $1,000, liabilities,
ALEXANDER HINcHLK. exporter and
importer. Beekman st: Involuntary, as
sets, 1851, liabilities. S10s 2s7.
LOUIS REDER, 53s West 4th st in
EVER READY WET WASH COMPANY.
INC. 1883 Crotona Place; involuutary ry !;
liabilities, $4,000; assets not more than
$1,000
Schedules in Bankruptcy
The following schedules in bankruptcy
were filed yesterday in the United states
District Court
ABRAHAM STRAUSS-Assets. $3.50.
with Liabilities OF s65.298
WlLLIAM p GOTTLIEB. MAX HORO-
WlTZ and ORA GOTTLIEB, $50 6th ave
liza abilities. $25.04l. with assets of $4,000
INDEPENDENT TALKING MACHINE
OF MANHATTAN-Assets s19s, 435. and
liabilities Of S20lG6e
HAIRY sPAN-Assets, $4,000.
with ne bilities OF s4.2s5.
lC'NATZ WOLF-Assets. s1.6s7. and
liabilities, s4,564
New-York tribune., 1921-03-08
Business News
Export Trade Shows Improved
Trend Outside Europe, Is View
Slight Drop Sho,cn
In Wholesale Trade

A slight drop in the wholesale
distribution of dry goods last week
is reported by Marshall Field &
Co. in weekly review of the
wholesale dry goods trade Although
below the volume Of the previous
week it compared more favorably
with the corresponding week of
last 'year.
"a larger number of orders were
received than during the previous
week" says the review, "but the
volume of road sales was slightly
less"
New-York tribune., 1921-03-08
Baltimore Trade Expansion

Industrial expansion in Baltimore dur
ing February was small, eight new in
dustries and nine expansions, requiring
PIG additional employees and an ex-
penditure of $4,000 were reported to
the Board of Trade.
The revival of home building in the
city seems assured from the permits for
construction issued during February.
A survey of the industrial situation in
regard to employment showed reduc-
ton of II per cent from the peak of a
year ago, when 10000 workers were en-
ployed in the city.
New-York tribune., 1921-03-08
Black Satins in Demand
Jumps From Staple TO Novelty
Line for Garments

Black satin has Jumped from the
class Of staples to that of novelties
Plain and quilted black satin coats are
among the leading sellers in spring
outergarments and also is being ex-
tensvely used in millinery.
For the last three months black
satin has been selling well in the
manufacturers salesrooms and much
Of II has gone into coats and MILL
merry. Retailers also have laced fair
orders for black satin for spring wear
and the new fashion helped them to
unload some Of the tail ends of stock
laid in for winter selling. In some
cases retailers are now buying black
satin for immediate deliverv
New-York tribune., 1921-03-08
100000 Reading Shares In

The stOckh0laers committee, repre-
senting the common stock Of the Read
ing Company, has announced that it
has received proxies for about 100000
shares. The committee, which IS head
Cd ny Seward Prosser, president OF the
Bankers Trust Company. mas taken the
position that the Reading C0mpany's
surplus Of s33,000.000 belongs TO the
common stock holders. and viii support
this contention at future hearings on
the coal segregation plan.
New-York tribune., 1921-03-08
Jersey Central Gets
Big Coal Go. Dividends
$50 Per Cent Declaration of Lc-
high 4 Wilkes-Barrc Brings
in SI2.734.0OO

The Lehigh and Wilkes Barre Coal
Company yesterday declared special
cash dividend of 100 per cent on its
Ss,2lo,ooo stock outstanding. OF this
dividend, amounting to S1s.sl5, 900, the
Central Railroad of New Jersey gets
Si2, $4,000 on the stock which it owns.
Decision to declare the special divi-
dend resulted frcm necessity impose
on the Jersey Central by the Reading
segregation Of disposing of its Lehiph
ana Wilkes Barre stock BY modlfi-
cation OF the Reading decree the coal
company was permitted to declare any
dividend warranted by its financial con,
New-York tribune., 1921-03-08
Caddo Central Oil ReDort

The Caddo Central OH and Refining
Corporation reported a net income
after taxes. depletion and denreciatIon
but before providing for abandoned
leases, Tor the year ended December 81
of SS73.064. equal to $3.50 eba~s
earned or the 10000 shares outstand.
ing OF no par value Net earnings
amounted to S1.S80.446
New-York tribune., 1921-03-08
Commercial Credit

Orly moderate activity was reported
in the commercial money markets yes
terday, Rates for commercial paper
were steady, at 7S4 to 8 per cent, for
prime notes carrying regular maturity
dates. and III per cent for small
volume of exceptionally good short
term paper,
A slight advance in the rates of
bankers acceptances to member banks
of the American Acceptance Council
was reported. The open market rates
quoted by the council were:
New-York tribune., 1921-03-08
Cotton Exchange Holiday
Good Friday and Saturday Tt
Re Observed

The Nar- York Cotton Exchange will
re closed Nzreh 25-Good Friday-and
-rs f0 eHr sar. II was announced yes
.sraav Tr CoEee and Sugar and Prod
zee exchanges also are expected to be
,lese5 or those days
Na ae- or ve- has been taken by the
Sroes -rre Usually it closes on
Coco Friday 1ut reopens Saturday.
New-York tribune., 1921-03-08

the National Society of Colors and
Dyes, who this evening addressed the
Rochester section of the American
Chemical Society. Shorter skirts and
smaller sleeves are one reason, said
Mr. Leary, and the fact that the same
quantity Of modern dyes covers a
greater space than old dyes did is
another