davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-02-05
PRESENT TARIFF ENOUGH,
SAYS n. Y. SILK MAKER

Republican members Of the House
Ways and Means Committee were
given a shock today by Samuel Krie-
del, Of New York, a silk manufactur-
er, who declared that present tariff
duties on silk are more than amply
protective" for the American indus
try.
The present duties are As per cent
advalorem Kriedel said that 80 per
cent ad valorem would protect the
American industry against the JAP
anese silks.
The Washington times., 1921-02-05
RAILROAD OPTIMISM.

Traders are inclined to view the
outlook for the railroads with less
pessimism than was contained in
General Atterbury's statement to the
labor board on Thursday. With bust
ness conditions beginning to show
Improvement, the coming of spring
should see the roads well supplied
with traffic. Also Congress, IL is felt,
will soon pass the Winslow bill
authorizing payments to the roads on
accounts due from Federal control.
There has been accumulation of rail-
road stocks by traders, who look for
"a good rally shortly.
The Washington times., 1921-02-05
:. s. NOTE ISSUE.
Wall Street Gossip
"PHONY- ORDERS PHONED.

NEW YORK, Jan. Crooks are
endeavoring to get brokerage houses
to execute fake orders. One commits
sion house was called last week on
the telephone. A voice said it was
certain clubman, and requested that
the broker buy 500 shares of Lori-
lard common stock at the market"
The broker said he would. He then
called the man whose name was used
and learned that the supposed buyer
had made no such request. This trick
has been so often attempted-in some
instances successfully-that brokers
now usually recognize the fictitious
ness of such orders.
The Washington times., 1921-02-05
COPPER FINANCING
PLANS COMPLETED

NEW YORK, Feb. 5.-The
Copper Export Association held
a meeting yesterday at which
final plans were drawn up for
the financing of the sale of 4OO,-
100000 pounds of copper to Euro
pean countries. The meeting did
not adjourn until late in the day
and public announcement of the
new financing will probably be
made early next week.
The Guaranty Trust Company
and the National City Bank are
expected to head the syndicate
which will advance $4,000, 900
on the metal to be sold. With
this copper as security the
banks will probably make a
public offering of debentures.
Renewed activity has devel-
oped in the copper market as a
result of the announcement of
plans to finance a part of the
surplus. With this load re-
moved from their shoulders cop
per dealers anticipate no diff
Guilty in maintaining operations
and disposing of current output.
The Washington times., 1921-02-05
PULLMAN DIVIDEND SAFE.

Rumors that the Puilman directors
would reduce the dividend at their
coming meeting was emphatically de-
MED in a dispatch from Chicago, re-
ceived In Wall street yesterday. d.
rectors were quoted as stating there
has been no consideration of any
change in the regular . per cent quar-
terly disbursement The recent break
In the stock to below par is stated to
have been due to the sale OF large
block by interests who were forced
20 protect other holdings.
The Washington times., 1921-02-05
NO A. I. G. DIVIDEND.

Interests affiliated with the Ameri-
can International Corporation look
for no resumption of dividends for
several months. Conditions in South
America have improved slightly, but
it is felt that the general business
and international trade situation as a
whole has not become sufficiently
stabilized to warrant any disburse-
ment at present.
The Washington times., 1921-02-05

a
still considering a Indian
Senator McCumber Republican, North Dakota asked reconsideration
of the amendment of SO
o 49,
amendment from the from q
adopted. sGtf.,.
ame cents q
fresh
duties livestock
ported exclusively for breeding also approved
wood Of Alabama Democratic leader attack what he described
sues legislation asad the Republican
proposition inoung whether Republican Senator'S had absolutely
whether
bill indication Of intention
build tariff wall about the during the extra session
The Washington times., 1921-02-05
WIFE DENIES CHARGES;
FILES SUIT OF HER own

Denying misconduct, and claiming g
that the "shoe is on the other foot
Mrs. Nellie w. Wick yesterday fled an
answer to the recent suit filed by her
husband, Frank, for absolute divorce,
and accompanied plea by a cross bill
charging her husband with unfaith-
fulness. She names y correspondent
and asks for an absolute divorce,
nlimony, and custody of their child.
Mrs. Wick declares her husband
working as dictaphone operator
earns $500 q month.
The Washington times., 1921-02-05
DIVIDENDS,
CHESAPEAKE AND OHIO
PLANS APPROVED BY Ice

The Chesapeake a. Ohio Railroad
Co. today was granted authority by
the Interstate Commerce Commission
to guarantee the ten-year s per cent
promissory note of the Louisville &
Jeffersonville Bridge & Railroad Co..
amounting to $4,000, as part Sc
curity for a Government loan of
1852, 900.
The Louisville & Jacksonville
Bridge & Railroad Co. was given
authority to issue S162,O00. principal
amount, of per cent first mortgage
gold bonds and to pledge them with
the Secretary of the Treasury as
security for a loan out Of the re-
volving fund.
The Washington times., 1921-02-05
POLICEMAN FEEDS POOR
AS CRIME PREVENTIVE

HARRISBURG, Pa, Feb. 5.-At-
tributing a wave of petty thefts to
hunger more than criminal tendenc-
les, Dmiter Kagjanic, Steelton
policeman, has opened a soup kitchen
on his beat for the unemployed.
Since Sunday he has served 400
persons free of cost. Kagjsnic pays
the rent, buys the bread. potatoes
and beans. which arc dispensed to
all who apply. and pays the wages
Of those who administer to the bread
line.
The Washington times., 1921-02-05
Railroad Loan Approved.

The New York Central Railroad
Company today was granted authori-
ty by the Interstate Commerce Com
mission to issue S;,OO0.00O OF refund
ing and improvement mortgage bonds
and to pledge them as security for a
demand note OF similar amount with
the director general Of railroads.
The Washington times., 1921-02-05
Passports to Mexico $40.

SAN DIEGO, Cal, Feb. 6.-Mexi-
can Copsul Verdugo announced that.
effective Immediately, charge OF
$40 for viseing permanent passports
and 81 on all temporary permits to
cross the Mexican border will be
made by his office. He stated that
the new orders affect all nom
residents.
The Washington times., 1921-02-05
LAMONT NOT INVITED
TO ADVISE MEXICO

Thomas w. Lamont, New York
banker. stated here today that he had
no knowledge of reports coming from
Mexico City that he would be invited
to confer with Mexican leaders rela-
tive to refunding the Mexican for
eign debts.
Lamont said he had not been in
vited to advise Mexico in the matter
of paying off her debts, but refused
to say what he would do il such work
was proffered to him.
The Washington times., 1921-02-05
HAS TIP ON AMERICAN
INTERNATIONAL.

=. Rim the recent break In the
stock market 1 lost good deal.
My financial condition has i'm
proved a bit since and | want 10
make up my losses. have
''tip" on American International.
but am not buying IL until you
give your o. X. that the, stock Is
worth the current price; Also
kindly advise me IL l.. l.. Winklc-
man 4 Co., of New York, is re-
liable house.
Answer-We have no tips TO give
stock spectators. We do not at
tempt to furnish financial or mora
ratings on brokerage firms.
The Washington times., 1921-02-05
Veterans to Attend Benefit.

The national executive committee
OF the American Legion will be the
guests of the Vincent B. Costello
Post at a performance of The Pat
ter Revue of 1921" Monday night
at Carroll Hall, The performance
will be for the benefit OF the hos.
pitaI fund of the Costello Post. -Four
box-seats have been set aside at the
performance for the committee.
The Washington times., 1921-02-05
UNLISTED SECURITIES
Furnished by Fradkin. Mehimsr & s,r,-

nounce another note issue to be dated
February Is. 1t is said in local f1nan-
cial circles.
1t is expected that the interest rate
will be less than any of the recent
offerings and may be down to 81
per cent.
The Washington times., 1921-02-05
STEAMER LAKE ELWOOD
ASHORE IN KIEL CANAL

COPENHAGEN, Feb. 5.--The United
States Shipping Board steamship
Lake Elwood has gone ashore in the
Kiel canal. blocking the passage way,
according to a dispatch from Ham
burg today.
The Washington times., 1921-02-05
ASKS ABOUT BETHLEHEM
PREFERRED.

Mas r. T.-Kindly give inform3-
tion on Bethlehem Steel preferred
stscks. | understand there are two
preferred issues. L have $1,000 hard
earned money and cannot afford
to lose it, Would Bethlehem pre-
ferred be a desirable investment
for me? Can you give me any idea
or the company's earnings: May
this stock be bought from Mr..
scbwab or shall l have to get II
The Washington times., 1921-02-05
STATE BONDS GOING FAST.
The s25. 600 600 State OF MARYLAND se

Inc $%o'VoV'VOV StAte OF Moryiahu Sc
rial bonds, which were awarded by
the State Board of Public Works to
a syndicate headed by the Mercantile
Trust and Deposit Company. of Bal
timore, and offered by the latter for
investment, are meeting with ready
sale, more than half of the issue hav-
ing been taken by, institutions and
individual investors up to the close
of business yesterday.
The Washington times., 1921-02-05

amendments, where record was
made, showed supporters OF the bill
TO have a majority ranging from 10
TO 13.
AS the situation stands.it appears
that the bill would be for the most
part actually, as we'll as technically,
under consideration until fnal vote
Is reached. Senator Penrose, Re
publican, Pennsylvania, in charge OF
the bill, declares that II has good
prospects OF passage next week.
Under the program the early part
of the sessions will probably be de-
voted to consideration OF appropria-
tion bills. But later the tariff meas
ure will be debated. as 1t was today.
to the exclusion of all else.
The committee amendment to es-
tablish an import duty OF 40 cents a
bushel on wheat was twice adopted
yesterday. Ii was first taken up
with only nine Senators in the cham
ber and accepted without a dissent
ing voice. Then Senator Harrison,
Democrat, of Mississippi, one Of the
bitterest opponents Of the measure,
discovered what had haDDened and
The Washington times., 1921-02-05
WASHINGTON GAS ISSUE SOLD.

The sI,2OO.OOO 7A per cent notes of
the Washington Gas Light Company,
which were recently placed on the
local market by Crane, Paris & Co,
investment bankers, have been sold
according to announcement just made
by the firm.
Banks of the city. 1t is understood
took about 100000 of the notes while
ithe remainder was sold to the general
investing public of the city, the small
investor who purchases 800 notes
being largely represented.
The Washington times., 1921-02-05
w, Ii. e. A. MERGER.

At meeting of the board of direc-
tors of the Washington, Baltimore
and Annapolis Electric Railroad Com
pany held in Baltimore yesterday a
resolution was passed to submit the
plans of the proposed consolidation
with the Annapolis Short Line to the
stockholders at a special meeting, on
February IS. 1t is generally believed
that this plan will be approved and
the consolidation effected within the
near future.
U. s. NOTE ISSUE.
Secretary Houston of the Treasury
Department is expected to shortly an
The Washington times., 1921-02-05
KEYSTONE TIRE MYSTERY.

Mystery surrounds recent opera
tions in Keystone Tire. Those I'm
the know" have been able TO make
several successful turns in this issue
during the last fortnight. However,
no one viii Disclose who is operating
the pool. The interests formerly
identified with Keystone emphatically
The Washington times., 1921-02-05
NEW YORK COFFEE MARKET.

NEW YORK, Feb. 5.-The coffee
market opened unchanged to 8 points
higher today. March, 8.40n42; May,
6.s5 bid; July. 730d35; September
ITO bid: December, 3.04d3.05. ''
The Washington times., 1921-02-05
RESTS BUSINE N II + / Ma II & T. aa@ru
Investors Service

M.:hnxton Tl.. VIII Pc s.S snsws rSr . n.
Ihi.
end All unpublished ~ y.
Service Munssy fSu,io su,,diios - ton, ID c.
The Washington times., 1921-02-05
BANKERS DINNER.

The annual dinner of the District
Bankers Association in April. which
1T is expected will be attended by
prominent officials of the incoming
administration, was discussed yester-
, day afternoon by the special commit
tee in charge of the arrangements.
Preliminary details, it is stated, are
now being completed.
The Washington times., 1921-02-05
NEW "ACWI" FINANCINC|
COMING NEXT WEEK

Announcement OF the details OF
new financing by the Atlantic,
Gulf & West Indies will prob
ably be made early next week.
Negotiations have reached the
stage which practically insures
the company the money II needs.
New York bankers VIII handle
the new securities, which WIN
not exceed $13.000.ooo.
The company has tankers
which cost approximately $685.,
OO0. 200 to construct, aud these
will be used as part collateral
for the new bonds.
An official of the company
states there is no truth. in the
report that common stock divi-
dends will be suspended.
The Washington times., 1921-02-05

deny they have any hand in it. The
whisperers say a further rise is likely
and that talk of proposed amalga-
nation will soon be heard.
The Washington times., 1921-02-05
BUSINESS IS.
IMPROVING DAILY
Mercantile Agencies Make Fav-
orabIe Reports-ConEd
Reappears-lndustry Slow.

Improvement continues daily In the
general business situation, according
to the weekly trade reviews. stress
is laid on the greater degree OF
confidence which is manifest. but at
the same time attention is called 10
the fact that actual recessions are
still to be found In some OF the basic
lines. In the primary markets rather
less business Is being done, but more
activity Is developing In the smaller
jobbing centres.
BRADsTREET's REVIEW.
Discussing the situation Brad
streets. review says In part:
Improvement. slow and cautious,
but nevertheless sustained, is still the
keyword In the dlstributive branches
OF the leading apparel trades, which
led In the turning of the trade corner
in January and are still In the van
of what progress is visible In the gen
ersi trade and industrial situation.
Less decided progress or actual recess
sions. however, still characterize some
of the big basic lines, as, for instance,
iron and steel, coal and lumber ana
impart an irregular tone to the gem
erai situation. Mail-order trade Is not
equal to year ago.
Industry still suffers from unem-
ployment. an aftermath Of last years
lessened demand. and numerous re-
ports of assumptions or of increases
in time worked in some lines are
partly balanced by reductions In en-
ployment in others. notably the rail-
roads, due to lessened traffic. Prices
Of commodities, especially OF those
articles dealt in in speculative mar
kets. incline downward, the lowest
prices of this year. and in some cases
of four years, being touched by many,
especially the grains and cotton
The Washington times., 1921-02-05
ADVANCING
.WASHlNGTON'S INTERESTS
Fordney Bill To Pass
Senator Penr0se Says

business with the Fordy e"es
which IL o'clock
adopted Votes on the
The Washington times., 1921-02-05
FINANCIAL
Your Investment
Policy

Costly lessons from the ex.
perience OF speculative investors
VIII influence the policy Of
many investors for months 10
come. Men and women who
have suffered surprising losses
VIII be, more and more Inclined
TO analyze and investigate the
foundation and character of the
securities they are invited to
purchase. Conservatism will be
"a more dominant note in fin-
sncial commitments.
" Such tendencies create new
strength for the appeal of our
First Mortgage Notes on i'm
proved Washington real estate.
These securities are backed by
land and property values which
do not vanish in the face Of fin
ancial depression and necessary
liquidation. Their income bear
ing value is one OF, the few con-
slant factors in q vsrying finan-
cial world.
The Washington times., 1921-02-05
COPPER FINANCING.

Plans for financing 400, 900 900
pounds OF the surplus OF copper held
by American producing interests. to
be held until 1t can be marketed
abroad, are rapidly taking form and
the amount OF the operauons IL was
learned yesterday, will run between
$50. .OO0, 900 and $4,000. 900. 1t Is ex-
pected that one to five-year notes VIII
be issued to be secured by copper as
collateral. The notes VIII be retired
as the copper is sold. The Guaranty
Trust Company and the National city
Company OF New York are the prin-
cipals in the transaction.
The most important piece OF rail-
road financing will consist of an issue
Of $15,OO0,0O0 of ten to fifteen-year
ca per cent bonds Of the Chicago
Northwestern railway to provide Tor
bond maturities. including S1O,OOO.OOO
of thirty-year sinking fund debenture
|5 per cent bonds. due April 10, and
So, 900, 900 OF Milwaukee, Lake Shore
and Western railway consoiidated
mortgage SIS. due May I. next.
A., G. 4 w. !. ARRANGEs ISSUE.
The Atlantic. Gulf and West Indies
Steamship lines have practically
closed with the banks for the unoer-
writing OF an issue Of approximately
Is, 900 900 OF Tls per cent marine
equipments to pay for the construc-
tion OF additions to the tank steamers
OF it's oil subsidiary.
While some details remained to be
settled in the projected S2o,Ooo,ooo
loan to the Chilean government, 1t is
believed that the transaction Will be
ready for making formal Offering
toward the end of next week. This
will prpovide Chile with funds for
railroad construction and other uses,
other financing operations under
negotiation include $looOo.ooo pup
lie utility issue to be handled by the
Guaranty Company of New York. Re-
ports current yesterday indicated that
the United States Rubber Company
would come into the market shortly
with a fair sized issue of bonds.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-12-31
CHAPTER VI-continued.

"All right sir" Rainey answered,
getting a thrill at this first actual in
ttmation of the meeting. Hansen, IT
seemed, was not to be one of the rep
resentatives of the seamen. And
Carlson had been smart enough to
forestall Lund's demand for Rainey by
taking some of the wind out OF the
giants sails and doing the unexpected.
Unless the hunters had suggested that
Rainey be present. But that was hard
ly likely, considering that he was to
be left out of the deal.
In just what capacity are you call
in this conference? Lund asked, when
Garrison notified him in turn. THE
skipper amt dead, is he?"
81 represent the captain, Lund." re-
piled the doctor. lie entirely APP
proves of what l am about to suggest
TO you and the men. In fact / have his
signature to a document that | hope
you will sign also. 1t will be greatly
to your interest TO do So / am in pres
ent charge of the Karluk."
You amt a regular member OF this
expedition" objected Lund stolidly.
Neither am l a member of the crew,
just now. But the shippers my part
ner in this deal, signed, sealed and re-
corded Afore l go to emmy meetin' I'd
like to have talk with him personal
~. Thet's fair enough, amt it?"
Several of the hunters had gathered
about, and Lund's question seemed a
general appeal. Carlson shrugged his
shoulders.
IF you had your eyesight," he said
almost brutality, you could soon see
that the skipper was in no condition
to discuss matters. much less be pres
ent."
Here's my eyesight," countered
Lund. 'Mr. Rainey here. Let him see
the skipper and ask him a question or
two?"
'What kind Of a question: I'm ask
ing as his doctor, Lund"
"For one thing if he's read the paper
yO1 say ne signed. l want to be sure
of tEat. An l don't make 1t emmy Of
yore ILLNESS, Carlson, what / want to
say to ny partner, by proxy or other
wise. Second thing, I'd like to be sure
he's still alive. AS for yore standin'
as his doctor, all I've got to say is that
yo're id pore doctor. so fur as the
shippers concerned, ennyway."
The two men stood facing each
other, Carlson looking evilly at the
giant, whose black glasses warded off
his glance. 1t was wasting looks to
glare at blind man. Equally to sneer.
But the bout between the two was
timed now, and both were casting
aside any veneer Of diplomacy, their
enmity manifesting itself in the raw.
The issue was growing tense.
Rainey fancied that Carlson was not
entirely sure Of his following. aud re-
lied upon Lund's indignant refusal Of
terms to back up his plans Of getting
rid Of him decisiveIy.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-12-31

nodded toward one of the seaman
delegates who listened with his slack
mouth agape. scratching himself IN
der the arnpit--"are all equal"
Deming cast q glance at Harris and,
for just a moment, hesitated
Harris, squirming under the look Of
Deming, which was aped by the sud
den scrutiny Of all the hunters, found
speech: "How in hi did you know
| was hereY he demanded Of Lund.
81 ain't opened my mouth yit
THAT amt the truth, Harris" re-
piled Lund composedly. IT'S allus
open. But If you want to know, /
smelled We"
There was a guffaw at the sally.
Carlsen's voice stopped 1t.
"I'll answer the question, Lund. Yes
we're all equal The world is not a
democracy. Harris. so far, hasn't had
CHARGE to get the equal share that
belongs 20 him by rights That's what
/ meant by saying that the Karuk
was a little world Of its own. We're
all equal on board"
Except Rainev, Tamada an Sandy
Seems to me yore argumints got holes
in it. Garrison"
ave are waiting to know whether
you agree with usI' replied Carlson
His voice had altered quality. II held
the direct challenge. Lund accepted
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-12-31
LUND AND CARLSON.

nopsis.-Loitering on the San
Francisco water front, John Raj
ney, newspaper reporter. is accost-
ed by giant blind MAJ who asks
Rainey to lead him aboard the
seain.s schooner Karluk. In the
cabin they find Captain Simms and
a man named Carlson. Simms rec
ognizes the blind man, calling him
Jim Lund. Lund accuses Simms of
abandoning him, blind, on an ice
foe, and denounces him. Simms
denies the charge. but Lund re-
fuses to be pacified. He declares
his intention of accompanying the
Karluk on it's expedition north
where it is going in quest OF a gold
field which Lund has discovered.
Peggy, Simms' daughter. is aboard,
and defends her father. Garrison,
who is a physician as well as first
mate, drugs IRainey. Awaking from
his stupor, Rainey finds himself at
sea. Carlson informs him he has
been kidnapped. He offers Rainey a
share of the gold, and Rainey is
forced to declare himself satisfied
Lund gives him a brief account Of
a former expedition of the Karluk,
tells him he distrusts Carlson, and
suggests a partnership, Rainey
10 act as Bund's "eyes." Rainey
is made second mate Captain
Simms is III and the navigation is
entirely in the hands of Garrison.
At the latter's suggestion a shoot
ing match is staged and the seal
hunters exhaust their ammuni-
ton. Garrison shows his skill with
the pistol and Lund does some as
tonishing shooting by sound"
Sandy, the ships boy, is swept
overheard and is rescued by Raj
ney, who thus wins Peggy's admi-
ration. The captain gets worse.
Sandy tells how Garrison is stirring
up trouble over the division of the
gold. Carlson draws a gun on Raj
ney, who overpowers him. Tamada,
the mysterious japanese cook, de-
clares himself neutral.