davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

merger with the New York Csassii-
dated 0ti and RsAniag Company.
am asked for q payment OF
por cent. Please advise me In re-
gard TO the value OF the stock Of the
New York Consolidated Oh ara Ne
AIMING CeDpany.
Answer--This Arab" folded his
tent. but didn't get away in the night.
1t 10 on the rocks all right, fast and
secure. and 10 trying to hoat OF into
. $4,000, 900 scheme.
We never previously heard Of the
New Ysrk CsnsslsAateA Oh ans Ne
AIMING Company. It seems TO have
plenty Of stock to sell to Asab shars-
holders.
Mr.. Williams, the Ara1s president,
says the stockholders will lose every
thing unless they make the exchange,
but he doesn't say. the shift will bring
any more happiness.
We think we should advise you to
regard your Investment" ~ valueless
and let II 80 At that. We have never
heard Of IN oil company that went on
the rocks that was ever saved.
A GOOD PUBLIC UTILITY BoND.
Mrs. ,. A. Al should like to
have your opinion Of PuGet ssusd
Power and Light Company general
SD rounding nsrtgage IN per
oent gosA benAs.
AnsweD-New York bankers are Of
fering these bonds at 9TH and In.
tsrest, to yield * Per cent. They are
secured By . mortgage on substan-
tally all the property Of the company.
subject to various underlying mort
gage liens.
The Puget SsunA Power anl LASAt
Company owns and operates one OF
electric light and power systems In
the United States We regard this -
IN excellent public utility bond.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Fms.

Developments OF Importance
were lacking In the fur trade. The
fall selling season Is being delay
ed to some extent by the unwill-
tngness OF retailers to anticipate
demand 30 far ahead.
Prices are believed to be fairly
well stabilized.
The auction of the Canadian Fur
Auction Company in Montreal this
week will serve to give a further
line on how dealers regard the
market.
The Canadian collection IL said to
be Of exceptionally high grade this
year. and from indications now the
prices will compare favorably with
those ruling in London and New
York at the spring auctions.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

Retailers last week began to
place orders calling for delivery
iQ June. Although anticipating a
large wedding gift season. orders
indicated that retailers have not
discarded the policy of conserva-
tism in buying.
A small but steady flow Of orders
was received last week by manu-
facturere. Although a slight re-
cession In the demand for high
quality American watches was per-
ceptibie. manufacturers were still
behind in filling orders.
Jewelry case manufacturers re-
ported 1920 as the banner year In
their trade. Business thus far this
year compared favorably with 1919,
according to case makers.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

ed trustee OF the gratuity fund to
serve hve years.
Mr.. Cromwell has been . member
of the New York Stock Exchange
since 1895. and Is . graduate of
Harvard University and the Uni
versity Of Berlin. .. 80.
After completing his studies he
became identified. successfully. with
banking. railroading. warehousing
and public service corporation work.
He has been a member of the
governing committee OF the ex-
change for the last seven years and
vice president for two years.
In addition to his exchange duties
Mr.. Cromwell 10 president of Tho
Fatherless Children OF France, Inc.
an organization which has adopted
and maintained $4,000 French chill
dren. In recognition of his work
In this connection the French gov
eminent decorated him with the
Legion of Honor.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
WEEKLY TRADE REVIEW
Trade Developments of the Week

MIL agents OF New York are
still booking orders for fall pro-
ductiou.
The spring season Is about end
ed. and jobbers are making some
concessions to clean out the rem
nants Of spring stocks.
The mills are doing some buying
Of raw wool. although the trade
10 reported to still adhere to the
hsnd-to-mouth policy. The move
meat Of raw wool has been sorns-
what acosisratsd. but prices are
unchanged.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
PORPHYRY MINES MAY
REOPEN IN SHORT WHILE

SALT LAKE CITY, May 11.-Par-
tial production may be resumed ut the
mines of the porphyry copper com
panies. according to q statement made
by Managing director Jackling yes
terday. in which he declared:
The controlling factor in the cop
per situation today Is the foreign de-
mand, and look for q clearing OF the
skies in the near future. when de-
mand for domestic copper should be
revived on a big scale.
with all the big copper companies
practically closed down. the six
months stocks on hand ace being re-
duced In a way that must soon help
conditions, and this is bringing nearer
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

- AND
BUSINESS IN
~ =. O. FORBES.

| Coal costs fully twice as much a.
it cost in 1919. the Department OF
Labor's April 1 figures show. The
| Increase is lot per cent.
Farmers are only getting Is per
cent more than they got before the
war for their products.
These warm spring days don't
direct ones thoughts toward coal.
But unless thought II directed
toward coal, and directed to some
purpose. the upshot may be most
unpleasant. Merely ignoring the sit
uation and letting 1t drift will not
mend It
Have you or any Of your friends
ordered your next winters supply
of coal at current prices, 1 haven't
and i don't know OF any householder
who has. The general conviction 10
that coal for household purposes is
altogether too dear, and that IL
would be only playing into the
hands Of prof1teers to pay the prices
now asked.
SEGREGATION OF COAL.
There has been much to-do over
the so-called segregation of coal
companies from coal-carrying rail-
roads. But the public has not yet
received any satisfying sign that
the anthracite coal interests are
waging genuine competition.
| In most other Industries, where
competition has play prices have
been substantially reduced. In many
to pre-war levels. Coal. as already
| AZ IL shining AxCAntiOn
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
4 WIDOw AND AMERICAN TElE-
PHONE.

w. B.--WouId you advise my
mother. . widow. to buy American
Tslephsns and Telegraph for Per
mansnt investment?
Do you think II will rise or fall
In market value?
However, the main thing to con-
slider IL II II will always pay IT.
dividends. which ! understand are
TO be at the rate Of Q per cent COM
mencing July 10.
really do not believe my mother
need worry IL she should invest IN
this stock, but nevertheless ] await
your answer.
I am thinking OF Investing 800 Of
my own money and want your 3D.
Vice on UniteA states Rubber.
Fameus Players, and Big LeAgs
Copper. think tho hrst two look
good as Investments, and the cop
per stock attractive ~ . specuia-
tion.
Reconsideration OF what Anerl.
can TeleDAene ssA telegraph stock
will sell for in the future. ana this
In anyone's guess, we think II At
tractive ~ an Investment. IT yields
about 6H per cent. The big company
reports 10000 shareholders. about
half OF whom are women.
Why not buy this stock for your
own investment, too. instead OF Ras-
Der, Famous PIayern, or Bi6 Ledge
CsDners In our opinion II 10 better
than Rubber or Faneus P1ayerss and
Big Ledge Copper 10 nothing more
than q long-shot speculation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
STEEL TONNAGE DECREASE.


NEW YORK. May 1.-THE decline
in unfilled tonnage reported by the
Steel Corporation. bringing the total
down to $685. 900 tons. was about ~
expected.
As the price cuts and wage reduc-
lions have not been in effect long
enough to show conclusively whether
or not they will induce buying, the
decline 10 not a. unfavorable as II
might appear. so far As the corpora
tion Is concerned. But IL 10 distinctly
unfavorable to the independent COM
panies.
When the untitled orders OF the
Steel Corporation fall to less than g.
0O0. 900 tons. the independents are OBJ
iiged to strive hard for new business.
For this reason the inclination to turn
bullish on the steel stocks which was
apparent In some quarters last week,
has died out, and more selling has de-
veloped in these issues.
When Crucibie sells down to level
consistent with q company that might
pay 4 per cent annually on it's COM
mon stock In normal periods, and
when the customer IL convinced that
prices will not go lower, then will be
the time to get bullish on steel stocks.
DULLING THE hAILHOADS.
The determined effort to keep the
railroads strong despite the weaken
ing In industrials, showed signs of
peterinG out yesterday afternoon.
Traders are beginning to realize
that 1t will be rather difficult for the
railroads to enjoy prosperity unless
the industrials are In q similar posi-
ton. In one or two isolated direc-
lions hopes were expressed of higher
rates. but such expectations are fool
ish. to say the least
While there Is sympathy for the
roads in some directions and criticism
in others, no one-farmer, laborer,
shipper or passenger - would stand
for an increase for one minute.
Those who have studied the wages
OF some classes Of railroad workers
do not believe they are overpaid.
What will help business and the
roads is lower rates, which will turn
back some of the shipments now
being made over waterways.
STUDY THE CONSUMERS.
One OF the most successful opera.
tors in the Street 10 . man who
spends most Of his time keeping in
touch with the working clssses-in
other words. the consumers.
He maintains that they show the
only conclusive trend OF business.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
What Is going TO happenr
COAL PRODUCTION NEEDED.

WAL TnODOSTION NEEDED.
Coal 10 not being produced from
the mines today At . rate sufficient to
meet next winters normal require.
ments. Rather than make coal
cheaper. operators have chosen to
throw more than zoo. 900 miners out Of
work.
PAY our price. or 70 without" is
the ultimatum they have presented to
the American people II is q daring
policy to pursue, considering the past
performances Of the coal barons and
the American public's bitter feeling
toward them. Apparently, the coal
sellers reason that their product 10
necessity. and that the public will
Do Forced to step up to the counter
and pay the high prices demanded.
They may be guessing wrongly.
Mankind has reached the stage In
It's industrial development where II in
sists upon the supreme power Of the
state, the Government, undertaking
that which private interests are I'M
able or refuse to do reasonably, salts
factorily. $3.50,
Business figures that IL now has
friends In power at Washington.
But II was a conservative Repub-
lican Senator calder. OF New York;
who. after digging into the coal
pronteertng scandal, issued warning
that. unlcss the coal dealers reform
cd themselves voluntarily. Congress
would be asked to do the job and to
DO 1t without kid gloves.
PUBLIC OPINION MAY MOVE,
II the present deadlock lasts very
much longer, public opinion Is like
ly to demand that the Government mt
| step in and break IL ruthlessly.
The coal people would do we'll not
TO Invite such extreme action. for
they are likely to find that their
stuboornness was lamentably short
sighted.
There are few industries in Amer
lea which. size considered, have made
more millionaires than has coal.
Our coal miners should cast Their
eyes across the Atlantic and study
what has happened and II happen
ing to coal owners In Britain. Had
public sentiment there been as an
tagonistic to coal maEnates as II Is
hero the miners demand that all
coal properties be nationalixed would
Internationally have been acoeded to
by the Government.
IL js poor policy to incur the III
Will OF householders In a republic
where the franchise has been freely
extended to all aduits, both mon and
women.
<cepyrisht isai. ~ n. C rers>a)
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

In addition the corporation will greatly scHwAB
enlarge the facilities Of the present piers
This includes expenditure of 81 100000 for deepening
the ship channel from the main channel to the piers.
This will be the first work started, Mr.. Grace says
because the company going ahead with its plan to make
great base at Sparrows Point where the six 10000
ton vessels being built by the Bethlehem Shipbuiding
Company will discharge cargoes of metallic brought
from Chile These ships the largest of their kind in
the world and will carry return of oil to South
America
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Investors Service


ssyhs sn;sy vhss - sn
.s :d Il. q =; ws:s 'Ss I r
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Woolens.

Little change was made In tho
wooden and worsted situation last
week
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
ARAD OIL ON THE ROCKS.

twenty shares of Arab OIL Company
stock at 81 a share. The company
has since gone on the rocks, but the
officers are trying to effect .
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
TO CONSTRUCT sTEHL
WORKS AT POTsr0TOW

POTTSTOWN. Pa, May 1.-The
Maggie Steel Company has announced
that II will shortly construct OPEN
hearth steel works with finishing mills
Pottstown.
The company now has plants oper-
ating at Seyfort Railway, and Potts
town.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Schwab Plans to Spend
,S25, 600, 900 in Md.

series Of additional units to be built to the Spar
Point plant of the Bethlehem Steel Corporation
Baltimore, the first Of which will cost $2500OO00 and
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Wall Street Gossip

When they stop buying. through hard
times, disgust with high prices or
for other reasons, business soon sinks
into the doldrums.
1t is his emphatic opinion that until
sufficient consumers can be found for
the country'e normal output there
can be no sustained prosperity. This
means either immigration and further
development at home or a substantial
revival Of export trade.
MOTOR TRADE FUTURE.
In contemplating Investment in the
motor industry don't forget that Its
big future lies in large measure in
the motor truck and tractor field.
Motor trucks, tractors and low
priced pleasure cars, to certain ex-
tent. are essentials, whereas high
priced pleasure cars are placed in the
luxury class.
Luxuries are in big demand only in
times Of abnormal prosperity, which
are always followed by denation and
depression. The farmer needs his
tractor and low-priced car and will
buy freely when prosperity returns,
and automobile men proclaim the pos
sibilities for motor trucks are un-
limited.
CHANDLER DIVIDEND CUT.
Rumors are now heard of a reduc-
ton in the Chandler dividend. On the
rcst of authority IL is learned that
tie directors OF Chandler will meet
for action next month. r~eN
Their action. doubtless. will largely
depend on the amount of. business
Shown for the current month.
So far this month, this authority
states. indications are far from
bright.
The capital stock of Chandler IL so
small that a small dividend cut would
be of little use. If a reduction be-
comes necessary. IL may mean put
ting the stock on a IS or Sc annual
basis at the best.
CANADIAN PACIFIC FINANCING.
From sources that recently denied
there would be any Canadian Pacific
financing now comes a statement that
premature announcement that such
an issue was planned has delayed the
offering.
1t is difficult to understand how .
delay can be regarded as grounds for
denial that such action was planned.
Now II is stated that announce
ment Of the offering is expected by
local bankers to be made in the near
future"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

s4yeee. 80 REDUCTION MILL.
BISBEE. Aris., May 1.-THE Cop
per Queen Mining Company 10 build
ing here the largest ore reduction mill
In the United States The mill viii
cost approximately $4,000, 900.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

Baltimore, the first Of which will cost
furnish employment to 5000 men, it was
announced last night by Charles M. Schwab,
chairman Of the board of the corporation,
and Eugene G. Grace, president.
Work is to commence as soon as business
situation has more fully righted itself.
The great units planned will comprise
not only additions to the present steel and
tin mills, but Mr.. Schwab plans to add new
commercial steel lines, necessitating new
giant units somewhat different from those
now in operation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11

nestle consumer. however, has ne
feasible avenue OF escape, and the
coal producers well know II.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-11
Prosperity Returning

day By day the time when copper
mines must resume production.
Omaha daily bee., 1921-07-24
Krug Park Offers Many
Special Attractions for Week

A season pass to the Krug park
swimming pool will be given Sunday
at 4 o'clock to some bather who has
the lucky bath key number. Fifty
free sea swing rides will also be given
at 4 o'clock to 50 lucky bath key
numbers. A S. gold piece will be
awarded the largest family group
in the park at 5 O'Clock at the park
Office. A handful OF free ride tickets
will be given to the next largest
family. .
The following picnics are booked
for Krug park: Monday, the second
of the series OF three outings for the
Council Bluffs school children; Mon
day night. Woodmcn of the World
and Woodmen Circle; Tuesday, St.
James Orphanagc; Wednesday, Louis
Somer company and the Table Sup
ply company: Friday, all Omaha
creameries; Saturday, Family League
Union Pacific outing. A special train
will be run from North Platte to
Omaha to pick up employees all along
the line and bring them to Omaha
and Krug park. E. D. White of the
Union Pacific has charge of arrange
ments.
Friday, July %. the Krug park
dance specialist will stage "A Night
in a Laundry" In the future dance
lovers can look for novel features
every week at the big ballroom
Hotel owners and employees are
planning an outing for the near fu-
ture.
Omaha daily bee., 1921-07-24
MOuing Pictures for
Children Important

"Children's picture shows will be
as general as chHdrcn's editions OF
famous works of literature predicts
Reginald Barker, the producer. I'VE
do not deny adults the Arabian
Nights, Gulliver's Travels or Shake
spcare's plays because impression
able youngsters might see certain
passage. We prepare attractive edi-
tions for children. 1t is the same with
screen literature. | agree with Will
liam A. Johnston, dean of film
journalists: We cannot make all
pictures for children only; but we
can and must take care of children
in the motion picture theater.' ,"
One southern manager, Mr.. Baker
says, every Saturday moning ar
ranges a music hour. story hour
and a picture hour. Teachers trained
in chorus work lead the children i'll
nursery and patriotic songs. Min
isters and educators entertain with
appropriate stories and scrmonettes.
The picture is carefully chosen and
the musical program is given par
ticular attention.
so great has the interest of the
school authorities become" reports
this manager, Z. R. Rogers, that
the pictures exhibited are used as
the topic of discussion in English
classes on Monday morning"
A similar plan in Los Angeles,
showing The Blue Bird" Wizard
of o." RED Riding Hood etc, is
sponsored by Mrs. Maurice Hellman,
prominent i'll society. Part of the
proceeds goes to children's charities.
Child players make up one Holly
wood film unit, while in Chicago
one-reel fairy tales are now re-
leased. TheNational Board of Re-
view regularly issues lists of pictures
selected for juveniles. Exhibitors
report to each other how various
films appeal to children, An Ontario
exhibitor comments that immortal
Hucklebcrry Finn, brought to the
screen by William d. Taylor, drew
the kids" A Michigan film man
terms Taylor's Soul of Youth"
which Judge Lindsey helped make,
"a very fine children's play" From
comes comment that
Reginald Barker's "Bunty Pulls the
Strings" has strong appeal to chill
dren and is patronized by parties of
while similar reports from
many places about many pictures
nationwide interest in the
hour in the theater.
Omaha daily bee., 1921-07-24
Lakeview to Stage Big
Championship Dancing Meet

The Nebraska-Iowa championship
dancing tournament will be run off
at Lakeview park this season to start
July % with the grand finale August
9. on which day a big l8-inch espe-
cially-engraved loving cup will be
given the winners OF this tournament.
The elimination contests-four in
number-and the dates scheduled arc
as follows: First. July %: second,
August 2; third, August. and cham
pionship, August g The committee
in charge has selected the fox trot
as the style of dancing to determine
the winners.
JuIv Is this resort will entertain
the Federal System OF Bakeries and
the Nebraska Power company's en-
ployes and patrons; on July 20 the
Food Center will repeat with sec
ond outing this season: August l has
been selected by both Buehler Broo..
and the Dreibus Candy company for
their day of fun.
Omaha daily bee., 1921-07-24
Virginia Mountain Country in New Film

may be seen exchanging chaste
kisses among their own sex. A
glance at the long, hirsute adorn-
ments on their cheeks and chin, in
spite of the fact that the upper lip
is scrupulously shaven, however, has
led Mr.. Barthelmess to wonder
whether the women should not really
be complimented and relieved at
their neglect in this matter.
Scenes showing these customs of
bygone day which are still pre-
valent in this mere atom of modern
nation, cut off from and scorning
modernity, are plenteously sprinkled
through "Tol'ablc David which is
being filmed under the direction of
Henry King.
The cabin around which many of
the scenes revolve is primitive log
affair and is now figuring in feud
which has divided the country into
two factions.
Another scene will show what is
claimed to be the largest water wheel
ever built in the south. which the
natives claim was built by the state
of Virginia to provide corn flour for
the settlers who left that state to
join Daniel Boone in his settlement
in Kentucky,
Omaha daily bee., 1921-07-24

Onc-half of the world may not
know how the other half lives, yet
right i'll our own country there are
settlements which have no concep-
ton of the ways of modern civiiza-
ton. This is in the Virginia noun
tains where Richard Barthelmess
screen version of Joseph Hcrges-
heimer's "Tol'able David" is being
filmed midst a primitiveness hardly
believable.
Here woman is placed on a lower
sphere than man and her chief place
in life is conceded to be the servant
of her lord and master. Standing
behind his chair at the dinner table
when not engaged in actually serv-
ing him. she patiently switches the
flies away from his lordly person and
waits for him to finish before she
starts to eat. The spinning wheel
is her most modern implement and
she uses it with the same skill that
her northern sister plies the 1921
sewing machine.
Descendants of religious sect
that believes mans superiority is a
divine heritage the male members of
this little colony are not allowed to
kiss their women folk, but frequently
Omaha daily bee., 1921-07-24

her golden halo and sights her
wonderful eyes.
Betty Blythe, also of the Rocket
string, gets over beautitullv with
her dark hair and eyes, but at that
the camera doesn't pick up more
than IS per cent OF her.
Ruth Roland, with the most gorI
geous blue eyes i'll the world. loses
50 per cent of the value of their
potency to charm because the jcal-
GUS camera refuses to tell the truth
about them.
Anita Stewart, pretty as she ap-
pears on the silver screen, is only
90 per cent there. Her color scheme
of dark eyes and rose color IS
dazzling in the flesh.
May McVoy, one of the prettiest
things in the world, gets over more
than most of the brunettes, but If
the camera could register her
charming color scheme she would
appear positively ravishine. The
camera gets about so per cent.
Norma Talmadge probably loses
more than any of them, but she
has enough left to keep in the
front rank of stardou.