davidaulloa/AmericanStories huggingface dataset:
Every evening, Wilmington daily commercial., 1921-01-01
NEWS OF A DAY
FROM THE STATE
Dclmar Had a Very Successful
Corn Show, the Results of
Which Were Crcditablc.
SUSSEX COUNTY WEDDINGS
"Story Of America" to be Pre-
scnted at Middletown for Bene-
fit of Near East Relief.

From Every Evenings Correspondents.
Middietown, Jan. "Wednesday even
ing of next week the Story of Armenia
vii he told in Forest Presbyterian
Church. by Mr.. William Hoehn. director
for the State of Delaware of the Near East
Fund Mr. Hoehu he's visited the Near
Fast country and will illustrate his talk
hy stereoptican views showing pictures of
the people, and scenes in Armenia. Mrs.
Narcella Rice of Philadelphia u Red Cross
nurse who served rs relief worker in an
orphanage in Turkey, will be a speaker
also
\ card party will be given at the
Century Club tonight for the benefit of the
club
The Sunday schools of the First Presby-
terrain church and Bethesda Nj. +. church
held their Christmas entertainment and
treat Thursday evening in the lecture
rooms of the two churches.
The Womaps Home and Foreign Mis-
sionarv Societies of Bethesda NJ. T.
church will meet with Mrs. Watson Il.
Belts on next Tuesday evening
Professor o. +. Mcknight, principal of
the high school is spending the holidays at
his home in Alabama He expects 10 have
= teacher from his home State TO fill y
vacancy in the Middletown school
Every evening, Wilmington daily commercial., 1921-01-01
CORN SHOW AT DELMAR

Delmar. Jan IA very successful
corn show was held at Delmar recently
bv the Department of Vocational Agrl-
culture in the local school and the Farm
Bureau Of Sussex county
The local business men eDthusiastical-
" co-operated and afforded very at
tractive premium list. There were about
fifty entries Of corn, sweet potatoes, white
potatoes, grains apples, cider, pumpkins,
turnips. etc The class in Vocational
Agriculture in Delmar High Schoolsucceed
ed IN winning the majority Of the prizes
and it is evident that training which the
boys get IN school IS helping them 10 pro-
duce a better quality Of products
Mr. A ID Cobb. county agent Of Kent,
acted as Judge. and MI Vaughn, county
Agent Of Sussex. led discussion
Every evening, Wilmington daily commercial., 1921-01-01
Mrs. Hicks Relieved
By Four Eatonics

II have taken four Estonio tablets
and they relieved me of sour ssornsc
] recon- mend il 20 everybody" says
krs. q. 2. Hicks.
IL stomach Is not digeeting your
TODD; IL you have sourness, bloating.
food repeating, indigestion or aoid
stomach, Estonic will remove the
csuee by taking up and carrying out
the soidity and gasee, bringing quick
reliei and healthy digestion. Why
suffer stomach .roublef Why uos keep
your digestion normal and enjoy good
healthf An EAsonio taken niter axch
meal willprevent discomfortand pain.
Make the test eodsy and see ho~
quickly this wonderful remedy acts
II oomes In handy ia blet form. CARR
u With you. A big box costs only a
Etfs With your dru2g.sl's guarantees.
Every evening, Wilmington daily commercial., 1921-01-01
HOME DANCE.

Nliddletown. Jan 1.-Misses Elizabeth
and Margaret Brady entertained few
friends at home dance, Thursday evening
in honor Of their cousin, Miss Helen Mcln-
tire of Philadelphia. who IS their guest
iurlng the holidays.
Their guests besides Miss McIntire
wcrc Miss Alice Holloway OF Dover.
Miss Edna May Reynolds. Harmon
REYNOLDS, Jr.. and Edward Hart Of
Townsend: Burton Pearson Of Newark
Miss Mary Records. Miss Caroline Four
acre Miss Virginia Johnson Miss Edith
Cochran. Miss Margie Records, Miss
Clara Brady. Harris Mcdowell Percy
Donaghay, Harry Roberts, Purnell Nc
Whortcr. Edwin Donaghay and John
Pool
Every evening, Wilmington daily commercial., 1921-01-01
SHORT COURSE CLOSES.

Newark Jan THE Junior Farmers
Short Course At Delaware COLLEGE came
to close. last night. and the boys and
girls who attended the course left for their
homes this morning II was a success
ful week IN every respect and 70 the club
champions an eventful one Members
Of the agricultural and extension depart
ments Of the college made every minute 0 (
the Eve DAYS IN Newark profitable o
these futurc farmers OF Delaware
The hoys spent most Of Yesterday
afternoon inspecting the college farm.
Last night there was = farewell program
after supper in the lounge room.
Every evening, Wilmington daily commercial., 1921-01-01
MONEY FOR NEW CHURCH.

Georgetown, Jan Subscriptions for
the rebuilding Of Whites Chapel. between
Mutton ana Ovcrbrook destroyed by fire
a few weeks ago. are being taken by resi-
dents in that section. II Is proposed 20
construct a building which wall cost approx-
imatelv $1,000
Many are ! q favor OF erecting the
church at Nassau about three miles from
the present site. because Of the fact that
a., parsonage Is locsted there
Every evening, Wilmington daily commercial., 1921-01-01
RARE GAME IN SUSSEX

Georgetown. Jan. I.-An opoSsum,
weighing "a pounds and believed 10 be the
largest ever captured In southern D law
ware WAS baggei by George r. Workman,
= farmer residing between Georgetown
and HsrbesoB
Nhllc in woods near his home, FIVE
mics north Of this city. Thursday Asa
Warren Hptured pole cat, one Of the
rarest O. klinlals in southern Delaware
Every evening, Wilmington daily commercial., 1921-01-01
PRESIDENT WILSON SIGNS
MINING CLAIMS BILL

Washington, Jan 1.-The bill ex-
tending for six months the time in which
1920 assessment work on mining claims
can be done was signed Yesterday b. PTesl-
dent Wilson
Every evening, Wilmington daily commercial., 1921-01-01
CASPER. HERE'S AN IDEA.

Wilmin9ton. Del, 10 81 20
Editor Every Evening,
City
Dear Sir:
In the controversy between
''Toots and Casper" over naming
the baby. would suggest that
Casper follow the Irishman IN a
similar case:
"Me brother wants him Mickey,
And me sister wants him Dan.
But we'll nama the bye 'Dinnis :
Cor no name at all
And lei il 60 at that
Happy New Year.
Limerick
fFf++tTtft+*f*trff+ ~
Every evening, Wilmington daily commercial., 1921-01-01

The classlfed ads are reIiable.
The Washington times., 1921-10-04
Too Many Oil Companies.

Since the war there has been a vast
expansion in the number of companies
producing Oil. When prices OF crude
oil were advancing practically every
fortnight to new high levels the Oil
producers were contsnted and pros.
porous.
The general industrial depression
started downward movement in
prices Of oil, accelerated by a rush on
the part Of every producer to convert
his product into money. Some OF the
biggest producers stored their oil hop
ing for a turn for the better. but the
downward swing continued. The
Standard Oil companies with their ire
mendous banking resources have with
In the last year issued approximately
$500 ,000. 900 OF new securities, the pro-
ceeds from which were used to store
oil.
Many Of the small Independent COM
panies have had a hard struggle. and
their finances have reached such a
condition that their assets can be pur-
chased at prices very greatly under
those at which they were appraised
less than two years ago. Some Of
their biggest stockholders realize that
stronger connections are desirable II
they are to survive, and for this rea-
son have made overtures to Standard
Oil interests.
The Washington times., 1921-10-04
Tobacco Prices.

Speaking of tobacco prices. 1t is re-
called that tho tobacco stocks have
ruled exceedingly firm the last few
months.
The acreage planted to tobacco last
year was very small as compared with
1919, and for that reason. the price of
tobacco for cigarettes is much higher
However, II is said that, despite :his
smaller acreage, the farmers have re-
ceived as much, and perhaps more, for
their smaller crop than they did for
the big production in 1919.
1t seems that withothe smaller acre
age farmers paid more attention TO
their crops and were able to produce o
higher grade Of toba eco. which called
for a higher price. The latest Virginia
grade is said to be of a much better
quality, and this is also true of the
hurley crop.
II is pointed out that the tobacco for
"igar making has shown a falling off
in value. while that used in the manu-
tacture of cigarettes has taken a jump.
American Tobacco stock yesterday
showed an advance Of two points.
This company Ia not affected by the
high"c price Of tobacco, because It con.
tracted for a two-year supply when to.
bacco was cheap, and IL now selling
cigarettes at the current high price
made from tobacco bought at the low
levels.
The Washington times., 1921-10-04
Controls Guffey-GilIespie.

A short time ago a controlling voice
in the management Of the Guffey-
Gillespie Company was acquired by the
Tidewater Oil, which is an offspring
Of the old Standard Oil Of New Jersey.
Evidence has now come to hand
that the Atlantic Refining Company
is negotiating with a view to purchas-
ing a controlling interest in one OF the
independent oil companies which is
being operated at a satisfactory profit
but whose stock Is held by some in
dividuals who are DESTROYS OF selling.
The writer knows the name Of the
company, but has been requested not
to publish II through fear that pro-
mitigation of II might cause an aban.
donment Of the deal. The shares, how
ever. are listed on the New York
stock exchange.
Prominent financial interests who
are the owners Of substantial interests
in coal-carrying railroads are predict
ing the development in the near future
OF a broader and active market in the
coal shares. especially those that will
be created as a result Of segregation
plans now under consideration. The
plan Of the Lehigh Valley will result
in the creation OF another coal stock.
SO will the segregation Of the coal
properties Of the Lehigh Navigation
and Coal.
Wall Street hears very favorable re-
ports concerning the earnings Of the
Reading coal.
Philadelphia interests have been the
The Washington times., 1921-10-04
Protection Against Forgery.

Responding to an insistent demand
by banks throughout the country for
insurance protection against forgery,
check manipulation. and similar crimi-
nal activity, the Fidelity and Deposit
Company Of Maryland, of which
Thomas Grant Is local manager, has
announced its readiness to safeguard
these hazards.
There was a great increase in oper-
atoms by forgers and check manipu-
lators during the past year. Hitherto
there has been no form Of financial
protection available. and that an
American company has undertaken to
write this form OF Insurance is causing
much comment in the banking world
The Fidelity and Deposit Company,
which Is offering its services in the
new field beginning today. announces
that II will cover the forgery OF de-
positors signatures upon checks
drafts. saving account withdrawal re-
ceipts, etc, and II also will cover the
forgery OF the banks signatures upon
certificates Of deposits whether drawn
upon itself or upon the other de.
positors.
The Washington times., 1921-10-04
ADVANCING
WASHINGTON'S INTERESTS
Cuba May Secure Big
Loan From ~ Y. Banks

Norman H. Davis formerly assistant secretary of state
has gone Cuba for frshand survey of the financial sit
uation, according to advices received here today.
He is accompanied by Dwight w. Morrow, of P. Morgan
Co., and it is expected that the loan which Cuba has
quesed will depend upon the observations of Mr. Morrow and
Mr. Davis who will confer with Gen. Enoch Crowder, repre-
sentative of the United States Government in Cuba, well
with Cuban officials.
Partners the Morgan firm it is understood loan to
Cuba is not under immediate consideration.
The Morgan firm purchased and resod loan to Cuba in
914 and last December has been negotiating with
Cuban officials this loan.
Mr. Davis then with the Trust Company of Cuba aided
negotiations and is familiar with Cuban finances and the
present needs Of the island.
Several months ago it proposed that $50 900
be sold in this country Although they desired scale it
down somewhat the bankrs willing to attempt such
financing but failure to receive formal permission from
Washington has held the negotiations in allegiance.
It is reported that the Cuban government applied
bankers in New York for temporary loan of to
tide them until the permanent financing arranged
The Washington times., 1921-10-04
The Leather Companies.

For the second consecutive quarter
the American Hide and Leather Com
pany is expected to report satisfac-
tory net earnings. while the Central
Leather Company is adding to its
already burdensome deficit.
OF course, the deficit Of the latter
for the third quarter. to be shown in
its report this month, is likely to be
materially less than that for the Sec
ond quarter.
Hide and Leather on the other hand
will show a surplus estimated at
$250,000. The whole trouble was a big
inventory.
While the Central Leather Is hard
put to get rid OF its burdensome hold.
ings. the American Hide and Leather
Is going ahead with a rapid turnover
on the basis Of present costs.
That is why Hide and Leather stock
Is regarded considerably more favor
able than Central Leather-except in
quarters that loaded their customers
UP on misplaced faith in certain
analysis.
The Washington times., 1921-10-04
Burns Brothers Deal.

NEW YORK. Oct. "A close
study Of the consolidation OF Burns
Brothers with the Farrell Coal Com
pany shows how well II was planned.
The amalgamation ties together
the two largest retailers Of coal in
the metropolitan district.
The merged company will be OPP
Grating about the middle Of November
right at the beginning of cold
weather. 1t will have the coal bust
ness Of the city in a tight grip.
The principal worker for the con-
solidation is the largest stakeholder
in both companies. With good earn
ings. a substantial dividend can be
paid on the new Burns common
stock to be given In exchange for
the existing Farrell stock.
Therefore. this promoter will not
only receive Burns prior preference
stock for his existing Burns hold
ings but Is able to see where he
will get a good price for the stock
received in exchange for his Farrell
holdings.
The Washington times., 1921-10-04
viscount Pirrie's Investigation.


Viscount Pirrie. the British shipping
magnate, held an interesting confer.
ence with President Doheny, OF the
Mexican Petroleum Company yester-
day.
While nothing official has as yet
been announced regarding the meet.
ing, II is stated that the viscount feels
more assured regarding the future
oil supply" than he apparently did on
his arrival here last week
No one who has talked with Mr..
Doheny can fail to he impressed with
his absolute faith in the future Of
Mexico as the greatest oil producer
in the world.
This does not mean that the present
producing areas are going to continue
TO give up their liquid fluid forever.
1t simply means that Mr.. Doheny be-
lieves 1.-THE surface Of Mexico has been
barely scratched as vet so far as Der.
tains 10 it's OIL supply.
The holdings OF Mexican Petroleum
are very large and there is no com.
pany or interests in closer touch with
tho Mexican situation.
No statement is looked for from Wis.
count Pirrie or the Mexican Petro-
leum interests until the visit Of the
British magnate is concluded. The
viscount Is booked to sail in a day or
two and will undoubtedly make some
interesting statements just before
leaving.
The Washington times., 1921-10-04
Wall Street Gossip

winter and higher prices talked about
would only drive away more demand
OIL companies never really COM
pleted their readjustment, which may
account to some extent for the bear
ish propaganda emanating from
Standard OIL banks.
While they have cut down wages
somewhat. and also marked down in
ventories. their charge to the ulti-
mate consumer. however, remains
little changed. It must be drastical-
ly reduced II this group Is to take its
place with other industries.
The Washington times., 1921-10-04
New Bank Directors,

Five directors Of the new Wood
ridge-Langdon Bank were selected at
q meeting held last evening. they
being as follows: T. 8. Mellon, comp.
troller's office. Postoffice Department;
II. +. Baldwin, retired; 8. 8. Symons,
treasurer. Woodbridge Building and
Loan Association. and connected with
the Pension Office; p. p. Clark.
superintendent Of Piggy wiggly
The Washington times., 1921-10-04
Acceptance Market.

Increased demand for commercial
paper. and generally a slight reduc-
ton in rates were noted in the review
of the acceptance market published
today by the Federal reserve board.
Lower bill rates were ascribed in
most districts to easier money condi-
tons rather than to the demand for
bills.
Increased foreign trade during
August was cited in one instance
~ bearing directly on the augmented
demand for acceptance.
The Washington times., 1921-10-04
Chicago Grain and Provision.

CHICAGO. Oct. 4.-Wheat opened
u to II higher. Corn unchanged to
n higher. Oats unchanged to II
higher. Provisions inactive. Open.
ing:
Wheat December, 1.1S%@1.19;
May, 1.23% @1.24A.
Corn-October, 48; December, 49%
@49E; May, $50.
40Hs @40h.
The Washington times., 1921-10-04
Likes Frisco Income SIS.


T. w., Sixteenth street, own
some Inspiration Copper and Pack
ard Motor Car preferred.
Would you advise me to sell and
invest in st. Louis-San Francisco In
come 6'sf The bonds offer high
yield.
There seems to be some question
concerning Packard Motor Car pre-
ferred dividend and. as you know.
Inspiration Is paying nothing now
nor has 1t paid for year.
Answer-The st. LOuis-San Fran
cisco income bonds will receive the
full years interest on October l, as
usual. Interest has been paid every
year since reorganization in 1915.
One difficulty with the bonds Is the
holder must wait a whole year for in.
terest, and another trouble Is the thin
security back Of them. Last March
they sold as low as AN, and last year
at 3sN.
Packard has paid the preferred divi-
dend without a break since 1909. The
September dividend was paid. but as
the stock has declined to so 1t is evil
dent that further payments are in
doubt. Still. the surplus of more than
$40. 000. 900 would justify the manage
ment, II would seem, in keeping the
record unDrOken.
Besides. Packard business is picking
up wonderfully, reports stay. In the
last seven years the company's an.
nual average earnings have equaled
more than Sal share for preferred
stock. The present price seems to dis
count unfavorable developments. and
II Is likely that stock would go much
lower In event Of passing OF dividend.
The coppers are all in the same
boat, and things could not very well
be much worse than the record Of the
past year. Better days are coming
for the coppers. We fail to see
wherein you would be better off by
making the proposed shift.
Ivory OIL and Gas.
F. H., Tenth street-Inclosed
please find prospects Of Ivory Oil and
Gas Company. I am much interest
ed in It, especially the contents OF
the fourth and last page. Would
you regard the stock as safe invest
ment?
Answer-It Is not so regarded.
Even the promoters Of the enter
prise do not offer 1t as such. And that
il unusual.
Most Of the oil stocks are offered
by the promoters as the safest invest
ments In the world, not even barring
Liberty bonds.
The Ivory people merely offer a
square deal, which means that II the
company is successful the sharehold.
ers will receive dividends. They must
take their chances.
We should say the stock is a gamble
in oil drilling. The fourth page Of the
prospectus which you refer to Is
largely a dissertation on the secret Of
failure" 1t Is an argument to buy
stock on impulse only. which is dan.
gerous advice. in our opinion.
The Washington times., 1921-10-04
vAsHINaT The Dalv
ss sBsruxs B USINESS AND Fl N N G. E
Local Stock Market.
SALES.

49,. SAIhS.
Washington Gas SIS, $500@S2.
Washington Gas ms. $1.000@102;
SOCIOLOGY.
Washington Railway and Electric
As. $500Q61k.
Potomac Electric GIN 6's, $4,000
s7k. $1.o00Gs7k. $1,0o0Qs7, $1,000
Q97.
Washington Gas Light. 5Q47R; 10
Gas.
Lanston Monotype. 1972%; 1@72h.
1@72h. 1Q72h. 1@72k. 1@72h.
AFTER CALL:
Washington Railway and Electric
5@5S%.
Potomac Electric GIN 6's. $4,000
971a, $2.O00@97.
Mergenthaler Linotype. 6@121, 6
@121.
Money: Call loans offered at per
cent, with 81 per cent bid.
The Washington times., 1921-10-04
Booming Cheap Oil.

The boom in the cheap oil stocks
has progressed nicely. The wise ones
are now taking profits.
or course, the favorable rumors
are increasing. II they were not how
could the insiders get out?
The most popular expression is
that the domestic oil companies are
discounting Improvement. No one
seems to know what Improvement,
however. The business OF oil COM
panies seldom improves during the
The Washington times., 1921-10-04

chief owners OF coal stocks, but New
York capitalists have been increasing
their investments In that direction and
are determined to make New York the
chief market for the coalers.
The Washington times., 1921-10-04
Foreign Exchange.

NEW YORK, Oct. 4.-The foreign
exchange market opened steady to-
day. with demand sterling Y cent
higher at $3.73h. Francs rose IN
centimes to 7.0sh for cables and
1854 for checks. Lires yielded I
point to 3.97 for cables and 3.96 for
checks. Belgians were centime
higher at 100 for cables and 500 for
checks. Marks were unchanged at
.00SO. Other quotations are: Guilder
cables, 1910; checks. 32.08; Sweden
kronen cables, $3.50: checks. 22.25.
The Washington times., 1921-10-04
Briscoe Motors Reorganization.

Directors of the Briscoe Motors
Corporation have completed plans
whereby $1,000, 900 Of new capital will
become available and the name of
the organization changed to Earl
Motors, Inc. Stockholders will meet
october 20 to ratify the plan.
Clarence A. Earl. former vice
president OF WHY'S Overland. who
Motors last March, stated that ex-
pansion was necessitated by growing
business.
The Washington times., 1921-10-04
Oil Mergers Are On
Ways Market Hears
By BR0ADAN WALL.
Registered U. D. Patent Office.

Q. D.
belief the part of big business interests that most
lines industry have turned for the better found in the
semoffica which concerning the
posed consolidation certain corporations in different lines
Of industry.
Aside the proposed independent steel merger these
reports deal chiefly with the putting together of number
oil companies and the taking of others by Standard
Oil concerns.
Mergers usually the outgr,wth either desire
bring about cheaper operating costs intention of
ing public speculative interest and unloading securities
Another purpose is the elimination of competition.
The purpose of the Burns BrothersFarrel coal
economic operation Shareholders will vote the
conditions next week.
Interests back of the big Independent steel companies
have tired of the present Improbable ashng of steel
prices and realize that big constructive could be
taken the amagamaon of number of the largest
panes.
with the U. S. Steel Corporation lower basis
The Washington times., 1921-10-04

stores: Frank A. GuRther. Of the
District tax collectors office.
A lot for the proposed bank build.
ing has been purchased at Twentieth
and Rhode Island avenue northeast.
according to President Charles Pfau.
and bids for the construction OF the
building are being received.
The Washington times., 1921-10-04
Misplaced Faith.

One to ten" was offered by one
OF the Asphalt pools lambs that the
stock would sell over IS yesterday.
Like other deluded followers Of this
group. he never took profits.
The Washington times., 1921-10-04
Making Tn Losses.

The "Invincible" promoter bids fair
to make up his Invincible losses by mis-
latest coa' deal. Having carried conl
he plans to have coal carry him now
The Washington times., 1921-10-04
The Only Hone.

It is up to the Administration to
see that the liquidation of labor
does not interfere with the needed
Improvement in business.
The Washington times., 1921-10-04
Theories and Expenses.

1t may be profitable to speculate on
theory in a normal market, but under
abnormal conditions It usually proves
expensive.
The Washington times., 1921-10-04
Mr.. johnson Returns.

Vice President o. II. p. Johnson
of the National Metropolitan Bank
has returned to the city after q
lengthy stay in Europe.
The Washington times., 1921-10-04
INVESTORS SERVICE

II you have an investment problem
The Times will be glad TO aid you.
Write US fully, inclosing stamped
addressed envelope for reply, and
address the Financial Editor.
The Washington times., 1921-10-04
Shifting Tactics.

Wire houses reported Livermore
buying wheat.