davidaulloa/AmericanStories huggingface dataset:
The Barre daily times. (Barre, Vt.) 1897-1959, 1921-01-21
AUTOMOBILES

DODGE TRUCK FOR sALE-screen body
frst-class condition good as new, 1919
model run about 5000 miles Fisher Fnrm
Bethel VT s1tf
The Barre daily times. (Barre, Vt.) 1897-1959, 1921-01-21

foR sALE-Two pung sleighs, one newly
conditions; telephone 227-R 26Ots
The Barre daily times. (Barre, Vt.) 1897-1959, 1921-01-21
FARMS FOR SALE

FARM FOR SALE-One OF best in section
with or without tools and team; writ
10 m M" care Times Office. Barre, 259t6'
The New York herald., 1921-04-03
ST. PAUL WOULD TAKE
OVER SOUTHEASTERN
Asks I. c. c. to Approve Lease
for 999 Years.

WASHINGTON, April 2.--The Chicago.
Milwaukee and st. Paul Railway Com
pany asked to-day the Interstate Conn
merce Commission to approve its ac-
QUESTION or control by 9s9 year lease
OF the Chicago. Terre Haute and South
eastern Railway Company on the ground
that such line "can be operated more
economically and advantageously TO the
public interest when united with a sys-
tenn Of larger carrier" The petition
said that the principal traffic of the
Southeastern was OF bituminous coal
produced in its territory for which points
along the st. Paul afforded wider mar
ket and which would benefit the South
eastern and furnish the St Paul a con-
venient and advantageous supply of fuel
for it's own use.
To-day's applications to the commits
sion for permission to issue bonds in
ciuded those of the Norfolk and West
ern Railway Company for various con-
vertibie bonds amounting TO s2,004,000
for improvements made, the Rensselaer,
and Saratoga Railroad Company for
f2.000,O00 OF first mortgage per cent.
twenty year gold bonds and the Delaware
and Hudson Railroad for authority to
guarantee payment of it's issue which
was to pay off Its mortgage bonds ma
turing on May /.
The New York herald., 1921-04-03
EQUIPMENT INQUIRIES
ARE LARGE IN VOLUME
Most of Them Are for FOREIGN
Account.

inquiries for railroad equipment. most
81 IL Tor foreign account, are coming into
the local market in fairly large volume,
according to the Rdiltody Age. Locomo-
tive Inquiries reported this week are az
follows: w. r. Grace &c Co. are asking
Tor prices on six locomotives for export ;
the Egyptian State Railway is inquiring
through the locomotive builders for six
engines: the Chilean State Railway is
inquiring through the Vulcan Iron Works
Tor neavy locomotives, and the Okinawa-
Ken (Japan) Is inquiring through Mitsui
a Co. for three tank locomotives.
The following freight car inquiries are
reported: Lake Champlain and Moriah.
twelve to fifteen dump cars: Baldwin
Locomotive Works, 100 box cars for ex-
port Erie Railroad, 1000 single shea thed
forty ton box cars. Orders which have
been taken include 1000 fifty ton gon-
dolas for the Santa Fe. from the Amer
lean Car and Foundry Company, and 800
fifty ton gondolas from the Haskell &,
Barker Car Company.
Other miscellaneous Inquiries in the
market are as follows: Federal Rail-
ways, Eastern Brazil, asking for prices
on two first class coaches and six COM
bination baggage and mail cars Maine
Central. inquiring for 400 tons OF fabri-
Gated steel for a bridge at Norridgewock
Me-; General Electric Company, Sche-
ncctady, inquiring for thirty machine
tools,s and the New York, New Haven
and Hartford is asking bids for between
10000 and $4,000 net tons OF deem
mined. high volatile bituminous coal TO
be delivered between May and April !.
1922
The New York herald., 1921-04-03
COLLIN ARMSTRONG ELECTED.

Collin Armstrong. known as the dean
OF financial advertising, has been elected
chairman OF the board of directors OF
w. It. Mutually, Inc. From 1878, for
nearly twenty-five years, Mr.. Armstrong
was financial editor and downtown busl-
ness representative of THE SUN. lie has
held many offices In the New York
Council Of the American Association Of
Advertising Agencies and is chairman OF
the National Associations Newspaper
Committee and chairman OF a similar
committee for the New York Council
During the war Mr.. Armstrong helped
organize the National Advisory Board
and served as chairman of eubcom-
mttee IN cooperating with the adver-
tising department OF the Liberty Loan
Committee Of the New York Federal
Reserve District.
The New York herald., 1921-04-03
MORE RIO GRANDE LITIGATION.
Stockholders Permitted to Bring
Action to AnnuI Sale.

DENVER, April 2.-Anciliary action
brought by stockholders to set aside the
sale OF the Denver and Rio Grande Rail-
road to the Western Pacific Railroad
Company was dismissed to-day by Judge
Robert L. Lewis in the Federal Distric.
Court here.
Permission, however. was granted
James L. Beers. representing stockhold-
ers. TO bring an amended complaint In
anciliary action to annul the sale on
allegations OF fraud and conspiracy on
the part Of. officials of affiliated roads
to defraud the stockholders.
Counsel for the Equitable Trust Com
pany OF New York, against which, It was
announced, the amended complaint would
be fled, announced that they would re-
sist action.
No date was set for the hearing.
The sale OF the road for $4,000, 900
was confirmed last Monday.
The New York herald., 1921-04-03
TOPICS OF WALL STREET.
The warneId Conferencc.

Despite the fact that some of the big
roads frown on 1t and have given due
notice that it is no concern of theirs. the
conference OF the committee represent
Ing security holders of the railroads
with the big four of the brotherhoods.
scheduled for tomorrow in the Astor
Hotel, is attracting the attention of the
railroad world because OF its possibili-
ties. The conference purports to be
nothing more or less than q meeting for
an exchange OF views about the plight
of the roads. As such. 1t is not binding
on the roads. which will not be repre-
sented officially, or on the labor men.
But IL some common ground for heart
to heart discussion of the problems be-
setting the roads and labor be reached
1t will have been successful because that
is its exact purpose.
The New York herald., 1921-04-03
0ptimistic on Leather business.

George II. Swift, president OF the
National Leather Company, an off
shoot OF Swift & Co., declares that the
outlook for the leather business Is very
good and looks forward to the future
with a reasonable degree OF optim-
ism" In a statement issued yesterday
Mr.. Swift said Present prices OF raw
materials. that is hides and skins. are
much lower than pre-war prices. Prices
of leather, however, have not declined
to such an extent, which is natural, be-
cause tanning supplies have not shown
so marked a decrease. nor have rates
OF wages been very much reduced. Our
sales have shown a marked improve
ment during the early part Of this
year compared with the latter part OF
1000 Our average weekly sales this
year have been approximately twice as
much as average weekly sales in the
last four months of 1870
The New York herald., 1921-04-03
Soviet Gold.

The request Of the Assay Office here
that the Treasury Department rule
as to whether It shall continue to accept
gold shipments without question or ask
for declaration of ownership with an
affidavit that the metal Is Of origin other
than Russia, aroused considerable con-
lecture in Wall Street as to whether any
gold imports would be checked. The
propaganda which reached all newspa-
per offices In Manhattan limited that
much of the recent arrivals Of gold from
and France may have originated
In Soviet Russia Some larger importers
are reported to be disturbed by the re-
ports. not because there Is any doubt in
their minds that the gold did not come
originally from Russia but rather on ac-
count of the risks that might be in
volved in any import of gold. The rul-
ing of the Treasury Department Is eager
ly awaited. but even If the affidavits be
required there is no belief that there
will be any considerable decline in the
import movement Of gold to this coun-
try.
The New York herald., 1921-04-03
Franklin Going Abroad.

p. A. 8. Franklin. president OF the
International Mercantile Marine Com
pany, is sailing for Antwerp, whence he
will sail direct to Hamburg for his first
visit to Germany since the war began.
The Marine company is making a spe-
cial effort to develop its German busi-
ness. and It is believed that Mr.. Frank
lin is going to Germany that he may
give his personal attention to certain
features of the situation which the COM
pany has under consideration. While in
Hamburg. Mr.. Franklin will inspect the
new piers which the company is build
ing there, and will also look over the
Ma iestic, formerly the Bismarck the
worlds largest steamship. which the
Marine company, has purchased from the
Reparations Commission
The New York herald., 1921-04-03
The Bankers Objections.

The main objection the railroads and
the bankers for certain railroads
have found to the conference is that
even should the labor men prove dis
posed to dicker the committee with
which they are comforting has no power
to do more than advise the roads, repre-
senting as it does the bondholders. A
survey Of the list Of men who have
agreed to serve on the Warfield COM
mittee. however. shows them. to include
practically all Of the big insurance COM
panies and many big trust companies
and savings banks with unlimited in
vestment potentialities. 1t is hardly pos
sble that the roads will overlook the
fact that they are men to whom they
must look finally for the rehabilitation
Of the railroads of the country. repre-
senting as they do the investors, and
that they will listen to and probably
heed anything that the committee says.
The New York herald., 1921-04-03
Loan Contraction Continues.

The New York Clearing House banks
reported further contraction of loans
discounts and investments. amounting
TO $40. .se6. 900 in the average. and Sl1.-
S04, 900 In the actual. The margin be-
tween loans and deposits was reduced
100000, 900 in the actual statement, be-
cause OF the gain OF s93.235.000 in de-
mand deposits. Time deposits fell off
50. .,ss, 900. There was no change In
Unit 4 States deposits. Surplus reserve
increased se,624,26O to si42s5.3Oo. de-
spite the expansion OF deposits
The New York herald., 1921-04-03
Savage Arms.

A change in the management Of the
Savage Arms Corporation at this time
would be disastrous for the company,
W. L. Wright, its president, told the
stockholders in a letter. sent in response
to the complaint of a faction headed by
interests In Utica. That faction, which
is seeking proxies to control the annual
meeting next week. probably for the
purpose OF ousting the present MANAGE
ment, contends that at the close OF 1918
the companys net working capital was
$4,000 900. whereas II is now far below
that figure. Mr.. Wright declares that
the 1918 figure is inaccurate. in that the
committee seeking proxies did not take
into account reserves amounting to
se,ss5,910. which were direct liability
against current assets and were used In
adjusting inventories. paying taxes and
for other contingencies.
The New York herald., 1921-04-03
NEW OIL OPERATIONS LESS.
Reductions I'm Price OF Crude Re-
sponstbIe, Says Review.

OIL CRY. Pa. April 2.--Reductions in
the price of crude oil during the last
three months were marked by declines
In new operations throughout the coun-
try, according to the monthly review
OF the oil industry, complied by The
Derrick and made public here to-day.
The report showed that during March
there were 2,Oe4 compilations. decrease
OF los compared with those of Febru-
airy. Work under construction at the
close OF the month aggregated 1924 rigs
and drilling wells, in contrast TO 1880
in February. New production was 224,-
351 barrels. an increase of 31.137. There
were 4SS dry holes and 220 gas wells.
The New York herald., 1921-04-03
AIR BRAKE COMPANY REPORTS.
Westinghouse Net Income for 1910
4. e0.1S q share.

The report OF the Westinghouse Air
Brake Company for 1920 shows net in
come. after Federal taxes of $3.50, 4O3,
or 1915 a share earned on its outstand-
ing capital stock OF $50 par value. In
1919 It's net income was ss,2s7,56a. or
Si0,S0 share on its stock then out
standing.
TIE company's profits from operations
amounted 70 ss.5s0,4 against S7.e12,-
$50 and Federal taxes 70 $3.50. 900.
against s1.625,000 Dividends paid ag-
gregated sA.0sT.2sf, leaving a final sur
plus OF St,249,f22 and total surplus OF
sts.tt0,57g
The New York herald., 1921-04-03
Rect Sugar at Low Point.

Heavy selling of American Beet
Sugar, which sent yesterday that stock
down four points to new low mark OF
81, was sc Id to forecast possible adverse
dividend action during this week. Some
time ago interests identified with the
American Beet Sugar Company asserted
that the continuation of the regular
dividend depended on ability OF the
company to iiquidate its sugar inven-
tory. Since that time there has been
no information available as to how
that inventory Is moving, and conse-
quently the financial district has had
little to go on in guessing what action
the company's directors will take on It's
dividend.
The New York herald., 1921-04-03
NEW ZEALAND AIDS SITUATION.
Government Takes Unusual Meas
ures 10 Relieve Money strain.

The Government OF New Zealand has
taken unusual measures TO relieve the
money situation in that country Fol-
lowing an increase of the overdraft rate
TO per cent. by the banks on March
legislation was proposed, according to a
cabled report to the Guaranty Trust
Company. which would permit the offer
ing OF public loans at more than the 5a
per cent. rate hitherto fixed by law.
Provision has been made for extension
of its due dates to May 81 in the case
Of money deposited with local indvid-
uals. companies and firms other than
banks, and depositary before that date
may notify its depositors that further
extension to December 81 is required
In the event OF such an extension being
required, however. tho rate OF interest is
to be raised to 1 per cent more than
the rate agreed upon.
The New York herald., 1921-04-03
Montgomery Wards sales.

The sales OF Montgomery Ward g.
Co. during March showed very sharp
drop compared with those of March,
1920. and were S.3s5,sS5. against Su,-
ss6,146 For the first three months of
this year the company's sales have
been sis.5ee,529. against ss2.059.52s in the
same time of 1900. Those big declines
are attributed In part to the fact that
prices are lower and that the same
volume of sales would show consider
ably less In value. The chief factor.
however, has been greatly curtailcd
buying by the public. Officials of the
company predict that the spring buying
will begin very soon and
bring total sales for the coming months
up to a point nearer those of last year
The New York herald., 1921-04-03
FINANCIAL NOTES.

Frederic y. Taintor. who until recently
was managing editor for many years OF
the Globe. Is With Prince e Whitley.
The New York Trust Company has been
made trustee under prior lien and refund
ing mortgage of the Cincinnati Gas aud
islectric Company, dated January 1. 1921.
and given to secure an authorized issue OF
$50 0O0 600 par value OF prior lien and re-
funding mortgage forty year sinking fund
gold bonds.
a. NJ 5akolski formerly pond statistcian
Of the Equitable Trust Company, is with
I.age Brothers Co.
earle A. Miller \ Co. have moved TO 2
Rector street.
Tho Bank of America has been appointed
trustee Of S2,n00OOO Indinhona Refining
companys ten year 2 per cent. solI notes
The New York herald., 1921-04-03
WHEAT PROSPECTS GOOD.
Bureau Reports 1921 Europes.
and African Crops Favorable,

WASHINGTON. April 2.--Prospects for
the 1921 wheat crop in Europe and
Africa are good, according to statements
received to-day by the United States
Bureau OF Crop Estimates from the In
ternational Institute of Agriculture.
Rumania's winter wheat area is placed
at 4,646,000 acres, 5.3 per cent more than
acreage planted last year, and the grow
Ing crop In Belgium, Bulgaria, France,
Great Britain and North Africa is classi-
fed as In favorable condition, In Italy
as average and In Hungary as excellenA
The New York herald., 1921-04-03
ROCKY MOUNT BONDS OFFERED.

J. S. Bache q Co. members Of the
New York stock Exchange. are offering
$3.50. 900 Of City OF Rocky Mount, ". G.,
per cent. coupon bonds. Their maturi-
ties range from July 1. 1921, 20 July 1,
1850. both inclusive. The city's bonded
debt is less than per cent. OF it's valua-
ton. The bonds are being offered at
prices TO yield from $40 to s per cent.
The New York herald., 1921-04-03
STOCK EXCHANGE NEWS.

-NtNrNf Nhdiithi - iNAhhtis o.
Abbott, Hoppin & Co.. 40 Broadway
9. a. Herts. So Beaver street, J. J. G.
Humbert. 20 Broad street, and Robert
w. Morgan. at Markoe. Morgan & Co..
120 Broadway.
Branch Oflces--James T.. Bennett &
Co. tnew), Minneapolis, Edward J..
Brown. manager; GlIdden, Davidge &
Co (new), Cortland, ". Y, J. Carl Peck.
manager; Harris, Winthrop & Co. Ke-
vance, III discontinued Il. +. Hutton
& Co, Palm Beach, Everglades Club and
Hotel Breakers, discontinued Jackson
Bros. a Co. tnew), Memphis w. y.
Herbst, manager LaRe Brothers a Co.
tnew). Chicago, W. A. Goldsmith, man
ager: Cyrus J. Lawrence a Sons (new)
10 East Fortleth street, II. Gates Por-
ter, manager. Logan & Bryan, Coronado
Beach, discontinued McGlinn & Com
pany (new), Boston. Michael Corcoran,
manager (new) Delmonico's. George b.
Buxton manager; (new) Philadelphia.
Fred w. Snyder, manager; (new)
Salem. Mass, Daniel c. Manning and
Fred a. McElligott, managers; O'Brian.
Potter & Co. (new). Ithaca. Frank y.
Maoumber, manager. Parrish a co.
tnew), Garden City. r. ". Ryan. man
ager, and Thomson & McKinnon, Belle
air and Miami, discontinued.
The New York herald., 1921-04-03
pENNsYLvANIA OIL MARKET.

or. CIrr. April 2.--Oil market No
runs or shipments reported.
The New York herald., 1921-04-03

official bar silver In New York, domestic,
agisc an ounce, unchanged; foreign. 56Ssc.,
up I.c London, 32isd., unchanged; Mexican
dollars, 43c.. unchanged.
The range Of silver prices this year:
Highest. Lowest.
1ondon ... 4olsd. Jan. s 30ssd. March 5
Sevy York - 6sac. Jan @ 52tac. March 0
The New York herald., 1921-04-03

Comnnerciai paper Is DAYS. 4: IS Go ~
days = Liberty bonds and Victory notes
III days. g: I6 to 90 days. 0. Bankers ac-
ccnfa nccs 10 to 90 days, 6.
The New York herald., 1921-04-03
OPEN MARKET RATES.

Prime eligible acceptances. on cal, s; re-
discountabie Mt Reserve Bank, 60 &c 10 lays,
EiL6JG. non-members and private haLfer-.
eligible, 80 TO 90 days. 6H66h; non-eligibie.
60 10 90 days. SGTh.
The New York herald., 1921-04-03
MONEY MARKET.
SATURDAY, APRIL 2.
CALI MONEY FOR WEEK.
TINE LOANS.

Mixed collateral, GO TO 90 days. .... 6is1I
MIXED collateral, 4 to 8 months. 6is1I
Jndustriais, 90 TO 90 days.
Industriais, a TO 9 months. ...........
The New York herald., 1921-04-03
SOUTH AMERICA.
CANADA.

New York funds In Montreal. 1925. .25 pre-
MUM per q, 900 Montreal funds In New
YORK si121O discount per III 900.
The New York herald., 1921-04-03

SILVER MARKETS.

Clearing House exchanges, SI1O3Ip 1893 I;
balance $50, sos ,sS3: Federal Reserve credit
balance, s45, ,bt2, ,e33.
The New York herald., 1921-04-03
NEW YORK STOCK EXCHANGE QUOTATIONS.


1921. 1920. 1919.
|. $4,000 7s.924.es1 4S,794,527
The New York herald., 1921-04-03
COMMERCIAL PAPER
nIscnuNr RATES. REsERyE BANK.

Best names, 3 TO 0 months. ......... INdl
other names, TO months. s......-.. TN6'
The New York herald., 1921-04-03
SATURDAY. APRIL 2, 1921.

1921.
Year O date. 4l,7S3 05O
Evening journal., 1921-01-25

only big league baseball cities that
still prohibit Sunday games.
There were POO chaplains in the
United States Army during the World
War
Sixty-six American soldiers in the
World War lost the sight Of both
eyes
The slogan "swing around the cir
Gle" is said to have been used first
by President Johnson in 1866.
When a Moro gives a dinner party
the repast is spread upon a floor COW
cred with banana leaves.
The spiders web is a liquid which
has been hardened from contact with
| the air.
The natives OF Asia and Africa used
the bean of the coral tree as the
standard OF weight for diamonds.
At the time OF Queen Elizabeth and
King James. failure to go 10 church
] on Sundays was statutory onense in
England.
Evening journal., 1921-01-25
.CITY'S GAIN IN
PRODUCTS HUGE
Continued from page onel

Aioulluutu rum ldht bucJ
calendar year ending December 81,
1919. or the business year OF the es-
tablishment most nearly conforming
to that calendar year
The statistics represent the estab-
lislmenis located within the corporate
limits OF the city.
The summary shows a consistent
Increase at the census of 1919 as
compared with that for 1914. except
that the number Of esbab hshmentS
decreased from $40 in 1914 TO 262 in
1919, and the number Of pr0prietors
and firm members from go in 1914
10 POI in 1919
The value Of the manufactured mo-
duct for Wilmington, In 1919, form
ed 1871 per cent OF the State total
while "a per cent. Of the wage earn
ers were employed in the city In
1914, the value OF products formed
p3 per cent. and wage earners 67.9
per cent. OF The state totals.
The capitals invested, as reported
IN 1919, shows a gain OF $40 .3Si 200.
or 1854 per cent, over that i'm 1914
The average Nupital per establishment
was approximately $4,000 in 1919
and Sii5.OOO in 1914 In this cOnnec-
ton IL should be stated that the in
quiry contained in the census sched-
ule cllls for the total amount OF cap
iial, both owned and borrowed. in
vested in The business. but excludes
The value OF rented property, plant.
or equipment Which was employed in
The conduct OF manufacturing enter
prises. The final bulletins and re-
ports Will show the rental paid for
such property.
The cost Of materials used in 1919
shows an increase over that for i9ii
/ OF SiS $4,000 or i755 per cent. The
average cost OF materials per estab-
llshment in 1919 was approximately
$4,000. and in 1914 $4,000. In addi-
ion 10 The component materials which
Evening journal., 1921-01-25
Ar TItE .rATDIN

The following WilmingtOnians were
registered at the Hotel McAlpin. New
York during the past week: w. j.
Webster, w G.. Mahaffy, w. A. Ryan,
5. j. Thomson. r.. G.. Woodbridge, Jr.,
]. A. Montgomery, Mr.. and Mrs. w.
l.. Parsley, II. F. Brown, Alfred G.
Hlrzel, Edwin Koester, Mrs ]. Rosen,
W. p. Johnston. II. Ralph Ewart, w
A. SimOpton, Miss Elizabeth Nc
Cauley. Miss Mary e. Webber, Miss
Katie B. Dockerty. G. II. Kerr, C. S.
Lands, Mr.. and Mrs. Lewis 5. Utley,
II. p. Weldn, C. b. Edwards, Z. II.
Nolan, Mrs. Roehr, w. Frederick, G.
Seynord. II. /. Gardner. Mrs. Parker,
Ross. Louis Deblois. w. A. Holt, J.
II. Squires, F. A. Walter, Mrs. c. X
Weston, Mr.. and Mrs. C. p. Jaeck, A.
II. Silver, B. s. DOwdell. +. +. Bari
w. r. stevens. Guy w. Talbert, NJ. j.
Hooker.
Evening journal., 1921-01-25

enter into the value OF products, the
cost of materials in this summary
includes the cost Of fuel, mill sup
plies, and rent OF power and heat.
The value OF products in 1919
shows an increase over that in 1914
OF $50 2.206, 600. or 20S.6 per- cent. The
average per establishment In 1919 was
approximately S464OOO and in 1914
Si2i,0OO
rhe value OF products represents
their selling value or price at the
plants as actually turned out by the
factories during the census year and
may have nttle relation 10 the amount
Of the sales for that year. The value
under this head also includes amounts
received for work done on materials
furnished by others.
The value added by manufacture
represents the difference between the
cost OF materials used and the value
! Of the products manufactured from
them. The value added by manuiac-
ture in 1919 shows an increase over
that in 1914 of S43359OOO. or 2Ji.2
per cent. The value added by manu-
facture in 1919 formed i9S per cent.
OF The total value Of products and in
1914 ABS per cent
In 1919, as compared with 1914. the
number OF salaried employees shows
an increase OF 365, or 20.A per cent.
while the average number OF wage
earners increased 6.366, or 423 per
cent.
Summary for the City.
1 A comparative summary for the
city for 1914 and 1919 follows:
Evening journal., 1921-01-25

Beautiful colors, per- a n
fectly woven, standard
brand silk. good weight Nh
in lengths Of from 1 10 Z HN
yards.
Evening journal., 1921-01-25
Ready to CiuuUI Across the y. S.

Los ANGELES-Anybody got $4,000
they want TO bet that Charles'E. Wade
Of los Angeles, cant crawl on his
hands and feet from Los Angeles to
thinks he can make the grade" and
offers his services Tor flye years as
his side OF the wager. lie estimates
he can cover from 10 TO i6 miles
day