davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-03-15
Mexican Petroleum

The heavy selling which forced Mex
lean Petroleum to new low the latter
part Of last week was renewed yester-
day, causing fresh decline. The stock
fell to l42 in the carly dealings, rally
ing at the close to 49, The low Of last
week was 1413s. When the pressure
vas heaviest against the stock Herbert
&. Wylie. general manager OF the com
pany. was quoted in telegram from
Los Angeles saying that he knew of
no reason to justify the break in tho
price. Conditions in the oil fields of
Mexico he said, were excellent and the
prospects never better. +. L. Doheny
head Of the Mexican Petroleum organi-
zation. is expected to return to Los
Angeles this week from trip of in
spection of the company's properties
in Mexico. In connection with tho re
cent weakness of the stock it has been
reported for some time past in the
Street that group Of professional
traders held that the stock was selling
too high.
New-York tribune., 1921-03-15
Seeking Greater Efficiency

With view to obtaining greater
efficiency an improved method of han
ding shipments Of coal, coke and steel
products has been worked out by the
central region of the Pennsylvania
Railroad in cooperation with shippers
The plan involves, when the tonnage
permits, the organization of the coal
and coke traffic from the larger opera
tions into solid train movements from
points or origin to destinations. with
the creation of shipping days from the
smaller operations to permit of solid
train movements from the primary
yards nearest the point Of origin. The
plan, with respect to the steel traffic
comprises the operation of solid trains
Of that traffic from the assembling
yards adi iacent to the steel districts TO
destination. The advantages gained
are avoidance of congestion by reduc-
tion of the number of cars on the line;
more expeditions service by the elim-
nation of the necessity for breaking up
trains and switching cars en- route, and
improved car supply in times Of bust
ness activity.
New-York tribune., 1921-03-15
The Treasury's Big Day

This is one of the four busiest days
cf the year for the Treasury Depart
ment. Transactions in which the
Treasury is involved in Connection with
tax payments, war loan interest pay
nents and Treasury certificate re-
demption, are estimated at approxi-
mately $1,000, 100000 The certificate
maturity falling due to-day viii call
$500, 100000 to holders. Then there is
S76,0O0,000- in interest due on the Third
Liberty Loan. The tax payments arc
cgtimated by tho Treasury st approx
mately S500,o00,0oO. The latter pay
ments are expected to take care Of tho
Treasury certificate maturity. Tho sale
# s40o000.o0O Of new certificates vii.
provide the funds to meet the interest
on the war bonds due al this time ard
provide also for approximately s20o.-
100000 that is expected to be paid
to the railroads under the terms of the
WinsloW act
New-York tribune., 1921-03-15
Tnfavorable Copper Outlook


Unless production is further cur
tailed there is little hope for any
marked improvement in the copper
market, in the opinion of The Daily
Metal Reporter During the first two
months of the current year. says this
authority, "production was at the rate
of 1OO,0O0,o00 to 105, 900 pounds
month. Deliveries both foreign and
domestic during January amounted to
100000, 900 pounds. leaving a surplus
for that month of 100000. February
about 5000 900 pounds ees making sfn "t5e the
surplus for the first two months of
the year close to 30o0o,00O pounds. ex-
cluding the imports. The carryover
from last year was close to 100000 600
pounds. The only salvation for TIE
market is drastic curtailment of out.
l,It
New-York tribune., 1921-03-15
Stvdebaker

The annual report of the Studebaker
Corporation, according to Hornblower
& Weeks, viii be published tomorrow
and that current operations are cquiva-
lent to more than S1i q share on the
stock. This house. said the report VIII
show that the company had practically
no unsold cars at the end Of the year
an dthat current operations are equiva-
lent to 5000 cars a month. The De-
cember 81 balance sheet, it was further
stated, will show SAL ,OO0,O00 of current
assets, including S27 100000 of inven-
tory and S4,000,000 cash, against sl6,-
100000 of current liabilities, of which
SS,500O0O are notes payable and 49,
900 accounts payable.
New-York tribune., 1921-03-15
Loco Crosses Baldwin

American Locomotive common dis
t,.nguished itself yesterday by selling
above Baldwin Locomotive for the first
time in several years. One had to 20
lack to the early years of the war to
find the last time that Locomotive was
selling above its rival in the industry.
While Baldwin was yielding from an
opening of 845s American Locomotive
held steady around S3 and closed at
that figure. The closing on Baldwin
vas 827s. Baldwin sold as high as
1861 IN 1919. Last year its high was
l481a. In the case of American Loco
motive its highest price in recent years
was 1171a in 1919.
New-York tribune., 1921-03-15
New Export Corporation

To facilitate direct commercial re-
lations between this country and the
newly created republic Af Latvia, the
Latvian Export e. Import Corporation
has been formed with headquarters at
Pier 80, East River. The corporation
will be under the guidance of the Sea-
board e. Gulf Steamship Company Al
fred Nagle, vice president has been
named as general manager of the cor
poro+;op
New-York tribune., 1921-03-15
Financial Items

Ralph T. Crane. manager OF memhsr
bank relations Of the Federal Reserve
Bank of New York has become associated
with Brown Brothers & Co, devoting HIS
Time 10 extending the hrms relations with
hanks and security houses outside of New
York city.
G. Nerspreeuwen, of Antwerp, has sold
his New York coffee and sugar mbership
70 Louis Seitz for s4o15. decline OF s4S5
from the last previous sale
The series OF lectures by tax experts
which were delivered at the Columbia Uni
verstty during the tax conference last De.
cember have been reprinted IN book form.
The title OF the book, which Is published by
the Columbia University Press is The Fed
era Income Tax
The Guaranty Trust Company of New
York has opened a new branch office sr
Alexandra House, kingsway, London.
New-York tribune., 1921-03-15
Britain Turns Corner

According to the views of promi-
nent international banker, the irmness
displayed of late by sterling exchange
in the face of the unfavorable develop
ments in Europe, has been due not 50
much to confidence in an ultimate set
tlement of the reparations squabble as
to 8 growing recognition that Great
Britain has turned the corner in her
finances.
New-York tribune., 1921-03-15
London Metal Market

LONDON, March 14-Standard cop
per, spot, Is2 Is; futures, f66 Is Sd
Electrolytic. spot, $40; futures, s71
Tin, spot, fl59 15s; futures, s16s los
Lead, spot, e19; futures, f1s Is Sd
Zinc. spot, s26 Is Sd; futures, s25
12s Sd.
New-York tribune., 1921-03-15
Rail Exchange Rate Fixed

OTTAW A, Ont, March 14.-The rata
of exchange in connection with snip
ments of freight between points IN
Canada and the United States fe
the period March Is TO 81, m
elusive, will be 14ia per cent, tbs
Board of Railway Commissioners an,
nounced to-day. The surcharge wiz
be 8 per cent
New-York tribune., 1921-03-15
Burlington Application Next Week

Indications are that application will
be made next week to the Interstate
Commerce Commission for It's approval
OF a new plan for meeting the S215.-
000000 joint 4 per cent maturity Of
the Great Northern and Northern
Pacific railroads. While the bankers
said yesterday that the new plan has
not yet been completed. it is believed
it will be ready for presentation to the
commission some time within the next
ten days. Approval by the commission
of the new plan would not likely re-
suit in an immediate Offering Of bonds,
in view of present investment market
conditions.
New-York tribune., 1921-03-15
London Money Market

LONDON, March IA. i Bar silver.
83'sd an ounce; bar gold, lo5s I'd ;
money, 5'a per cent Discount rates ::
Short bills, per cent; three-month
bills, Ga per cent. Cola premiums at
Lisbon, l40.
New-York tribune., 1921-03-15
Paris Market HEAVY

PARIS, March IA. - Prices were
heavier on the Boursc to-day. Three
per cent rentes. 5s francs 90 centimcs;
exchange on London, 50 francs 40 CEN
times; . per cent loan, SO francs IS
centimes. The dollar was quoted at IA
francs ISL centin1ea
New-York tribune., 1921-03-15
In w all Street
PENNSYLVANIA Record

One of the weakest spots in the rail-
road group of late has been Pennsyl-
vania Railroad stock. The decline last
week saw it down to the lowest level
in forty years. There has been selling
on talk of reduction in the dividend.
In this connection it is worth record
ing that on April Il next the road
celebrates its diamond jubilee ami
vcrsary, for it will be seventy FIVE years
old on that date And in none Of its
three score and fifteen years have its
stockholders had to forego dividend.
New-York tribune., 1921-03-15

Bank Clearings-Bank clcarings at
New York yesterday we're; Exchanges,
s456,879,7O4; balances, S8S,012699.
Silver-London, 213d; New York, do
mestic bar, 9915c; foreign, 57hc; Mex
lean dollars, 4434 c.
New-York tribune., 1921-03-15
Money and C.redis

The impending heavy transfers cf
funds in connection with tax payments
and Treasury operations were not Ho-
fected IN any marked changes IN the
local money market yesterday, call
loan money rates holding at per cent
throughout the session To-day the
Treasury viii withdraw 50. 90 900 from
cal banks. redncinr government de-
r'te below $lO0OO,O00 The sale of
90 600 600 in new certificates and in
me tax payments due to-day will,
however, result in heavy increase in
bo1
New-York tribune., 1921-03-15
Bid and Asked

Following are the closing bid and
asked quotations Of stocks listed on the
Stock Exchange in which there we're no
transactions yesterday:
New-York tribune., 1921-03-15

Bid Asked BID Asked
Adams Erp 9S aa'. Both steel 50 ~
Al Kumaly pr 40 81 TO pr $500 90 al
Ar Reduction. - 81 fhn Edison SIS ~
A8s Gid NJ II. IL L L c;f, -
.ln Am Cable-l0eis llp iRku In Gas 55 ~
ALI Realty ~ Hrown S'4eo BIB 81
An AZ On pr 7tis ~ hrnuswick sas
Am Bnk Note 5it. 81. Bun Il * r. G. =;
do pr ..... As 80 do rr ~ 90
Am Beet : or. bO so Bun 4 Sus 10 so
A 5 & fy. IS 80 do pr . Il 40
do pr ..... s5iz 50 Burns Bros S5l1 S7
Am Can pr. S4}s s5 do pr Too lI1
Am Chice.. ~. p Bush Tenn. loo
Am Ice ..... Aal2 5li. Butte d sup. llia IL
Am Linseed - u val Arlz.. 81 = n
do Pr ..... 81 S6 Can Southern. 10 45
Am Malt & G 20 % Case Plow 81 81
Am Rad .... 7oA4 II Case pr s. s.
90 pr los - Cent Lea pr. S2x S4L
Am & R pr ~ ggttA zen RR \ Jl75 2lo
40 pr a.. ~ 10 Nertainleed "A
Am snuff pr. Is s. do lst pr. 50
Am st Fy pr ss4 S7i4 do 2d pr n
Am Su X pr l0oi2 l0e G < AIT Or II 20
An Am Tel ,i & & T. ~ "a do % pr 5 H..
A Toh pr new 81 95 Ch Pnen Tool 5qa. Go
Am WI pr ~ 95 C ; = VI & o 80 a.
Am Wool pr. 915. - 4 do pr m So 90
An < l. pr rs = f. G & 5 L II -
Anal sugar. % no ID pr a.
Ann Arhor H. ~ x puts al Gs
do pr .-... Is II N.left Peab y 50 Sd
ASSsts % RI Go. "a < Pr o. no
do I'd pr. As - Col Graph rr lsi. 70
Atlantic C. l.. 797s 81 Comp Tab Rec S. n
Atlantic Ref. 300 970 Con cigar g Is
do pr ... los l0aA do pr .. Is ;sl
Atlantic Fruit 81. 6is Cont Can pr 81
AuAs Tack Is Il Cont Ins Co. 60 t.
Aus Men pr ei 10 Corn Prod pr.l0l l03
AUTO Sales Co ga 5 Cre1 Garnet . IS 55
Bad Loco pr. e5 i0o cru Steel pr IS 4e
Barnett Lea - 81 lou Am 81 pr 100
DO pr. ..... 70 20 Gu Care pr siis 67
Barnsdan IS pav Sbem az
Beech Creek. 50 Deere Co w.. 81 g.
New-York tribune., 1921-03-15
The Dollar in Foreign Exchange

Heavy offerings of French exchange
in London yesterday depressed rates
here as we'll as in England, ard local
quotations on the French franc again
dropped below cents. There was
nothing in news Development to ex-
plain the sudden pressure in London,
but it was generally believed by local
dealers that the weaker tone could he
accounted for by liquidation on the
theory that the reparations agreement
might be long delayed.
Those who looked for sudden re-
opening Of negotiations by the Allies
and Germany over the indemnity as
result of a show of military strength
apparently have become disheartened,
it was believed, and this attitude may
have accounted for selling of French
exchange in LONDON.
Demand sterling here gradually
eased off to $3.Ssal, net decline of
10 cents French francs closed at
600 cents, drop of .1S, while German
marks were .03 lower at 1.56l2 cents.
New-York tribune., 1921-03-15
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

STOCKS
The Delta independent., 1921-01-21

adopted. 1t is estimated that the losses
of the farmers have aggregated
$3,500,000,000. There is no means of
knowing how much money Mr.. Nc
Adoo has been able to make since he
quit the office of Secretary of the
Treasury, but it must have been con-
siderable if Mr.. McAdoo can consider
1t an adequate recompense for the
tremendous losses the farmers have
sustained by reason of the adoption
of the policies Of his successors ra-
ther than the continuance of those he
would have pursued if he had con.
tinued at his post.
1--WE do not say that Mr.. McAdoo
would have governed more wisely
than have his successors. Mr.. McAdoo
says this for himself when he cri.
ticizes the policies his successors
have adopted. 1t is unnecessary to
attempt to convict him of subjecting
the country to the losses which have
followed the unwise policies of the
present incumbents of the Treasury
Department, for Mr. McAdoo con-
victs himself when he criticizes the
manner in which they have performed
the duties of the office he deser-
ted''
The Delta independent., 1921-01-21
LOCAL BOY WINS HoNoRs
IN STOCK JUDGING CONTEST


Charles w Stocker OF Delta. las
attained an eviable station in the
commercial world, considering his
youth. having been selected nom.
ber Of the Colorado Agricultural ceI-
lege stock Judging team at the In
ternational Stock show held recently
in Chicago. BY the appended table Il
will be noted the CoIorado's team
stood seventh with score of 345O out
of possible 1000.
Young Stoker Is son of M. Stoker
of Delta. who spent his school DAYS
here. and was always topnotcher.
: He has been selected one of the
judges at the State Stock show In
Denver which will be held within the
next fortnight.
The following is an excerpt from the
The Delta independent., 1921-01-21
BUSINESS LOCALS
>>>>>>>>>>>>>s

FOR SALE-Choice Ohio and few
Cobbler seed potatoes, at ranch on
Cedar mesa. Phone Coop. Eckert
ll-o. 4tfc
FOR RENT-Improved irrigated
farm 2 miles from Chipeta. Good
opportunity to right party. $500 So.
Hran.. Denver. Alp
FOR SALE-A tent of Government
canvas, almost new; size 14x16, IA.
ounce weight. See J. T. Welch, Garnet
MESA, Deita. 4-5p.
FOR sALE-Dort touring car. run
1910 miles; good as new. Price $3.50.
r. 9. Egnew's garage, Delta. Colo. 4c
LoST-Gold Mounted Waterman
Fountain pen; has initials, IL. NJ" Re.
ward. 663 Meeker. A.
FOR SALE-Bald barley $3.50 per
Cwt sacked. Frank Hart, Hart's IA.
sin. AK
FOR sALE-seven acre ranch with
The Delta independent., 1921-01-21
For Sale.

For Sale.
Four room house North Delta, four
lots: good garden soil: some fruit;
nice shade; small stable and chicken
house; price $500 cash
REIMBURSEMENT, 160 acres at $500.
Good stock proposition: 100 acres.
100 acres alfalfa: produced last year
400 tons alfalfa. Close to town; ideal
location for registered dairy herd,
" miles from Delta county fair
grounds. Price $4,000. 100000 cash.
have buyers for two 5.acre tracts:
one 1-acre tract: One 20.acre tract:
has $4,000 cash; wants Surface Creek
or Paonia property: one 4O-acre tract.
small cash payment; also two small
houses 3 TO rooms. one cash. one
$500 down: one residence lot for old
couple. cash. A. Watson, McMurray's
office, Delta. Coop. Phone. 4.7p.
The Delta independent., 1921-01-21

pulpit message. Sermon subject -
christian Perfection" In this SER
mon will be considered the question.
rs 1t possible for us to live sinless
life?"
500 p. m. Vesper service to be
held at the First Christian church.
Rev. Frederick z. Stemme will preach
on "Is there a personal devil?" Follow
ing the sermon an immersion service
will be held and number will be i'm
mersed by the minister. The public
is most cordially invited.
REV. F. E. STEMME, Minister
st. MlehaeI's Catholic.
First and third Sunday OF each
month, from June to September, first
Holy Mass. 7 o'clock: second Holy
Mass, at o o'clock. From September
to June. at and 10 o'clock. Second
and fourth Sunday only, one Holy
Mass at II o'clock. Evening services
every Sunday night at 1880. weel =.
day. Holy Mass. from June to Sep
tember. at 1880: from September TO
June, at s o'clock.
Methodist.
On next sunday morning the pastor
will speak on the subject: "The Man
who Sees" In the evening the sub
ject will be: "The Homesickness of
the Soul" A cordial invitation is ex.
tended to be present.
500 p. m. Union Chsistian En-
deavor Society. (Christian church, /.
Prof. A. j. Foster will lead Special
music has been arranged for and
there ought to be an attendance Of at
least SO Endeavorers.
Come thou with us and we will do
thee good"
Methodist
On next Sunday morning the pastor
will speak on the subject, efficacy
OF Prayer" In the evening the sub
ject will be: "The Twenty.third
Psalm" A cordial invitation is ex.
tended to be present.
The Delta independent., 1921-01-21

n two-room house and a root cellar;
on Garnet mesa III miles from the
postoffice; also n Ford car in good
condition. DR.. F. w. Grove. l-7c
FOR SALE-Genuine Grimm alfalfa
seed 45c per pound delivered to you.
Cash with order. J. b. Bradshaw.
Route /, Crawford. Colorado. l-5c
FOR SALE OR TRADE-Alfalfa
land; water right unexcelled. What
have you to offer? J. Taylor, Jr., Flor
ence. Colorado. 4.sc
WANTED-Washing and iioning.
Mrs. Stanley, 736 Dodge st. Colo.
Phone 117J. 4.7c
FARM WANTED-wantcd to hear
from owner Of farm or good land
worth the price asked. L. Jones, Box
551. .Olney. ILL., 4p.
The Delta independent., 1921-01-21

Discussing the wool feature Of the
agricultural emergency tariff bill,
Senator Reed Smoot of Utah declared
that there is now in the United States
a sufficient supply of wool to last
two years, and 20,000,000 pounds of
foreign wool on the way. 1.-THE fur
ther influx of low-priced-wool will be
prevented by this measure" he de-
c1ared. There is less than 80 cents
worth of wool in a suit of clothes.
If high clothing costs are to be low
cred, it will not be accomplished by
lowering the price of wool. Nothing
can save the wool growers in this
country They are ruined today. What
we want is measure to create a GER
tain amount of confidence in those in
the industry" Eight years ago, when
the Democratic Congress was discus
sing the tariff, some of the Western
Democratic Senators justified their
votes for free wool by asserting that
there was world shortage ard that
the American farmer need not fear
foreign competition. Most of the
Democrats who voted in accordance
with that theory have been retired
by the votes of their constituents.
The Delta independent., 1921-01-21

1t is truthfully remarked by the
Kansas City Star that the United
States stands ready to confer with
European nations on any problem OF
direct concern to this country. What
the United States objected to was
binding itself to a solemn obligation
to interfere in European affairs which
do not affect us either directly or in
directly and to invite European and
Asiatic nations to interfere in mat
ters pertaining only to the Western
Hemisphere. The United States pro-
poses to keep out of world affairs with
which it has no concern. When in.
ternational difficulties arise which 10
affect the United States, we shall not
consider ourselves guilty Of interfer-
ence If we assert and defend our
rights regardless of the geographical
location of the trouble. But the Uni
ted States desires to be free to act
in each particular instance according
to the facts as we see them, and in
accordance with our own judgment of
the merits, and not in compliance
with the decision of other nations
having a selfish interest to promote.
When a Republican House of Re-
presentatives cuts in half the demands
of a Democratic Administration, it is
easy to determine who are the true
friends of economy in government.
The Delta independent., 1921-01-21
FEEDING SUGAR BEET MoLAssEs

In order to determine the feedlng
value of sugar beet molasses, the
Colorado Experiment Station placed
200 lambs in their lots on experiment
October 20, 1917. One lot was fed
whole barley in reversible troughs,
and whole alfalfa in the self-feeder
The other lot was fed sugar beet mo-
lasses in reversible troughs, and whole
barley was placed on top Of the mo-
lasses, while alfalfa was fed in the
se1f-feeder.
Barley was bought for $2.65 per
hundred; alfalfa, $3.50 per ton; and
sugar beet molasses at s25 per ton.
The lambs were on feed 102 days.
The barley fed lot made an average
gain per head of 1892 pounds. 1t
took 374 pounds of barley and 779
pounds Of alfalfa to make 100 pounds
gain at a cost OF s16.65. The lambs
we're sold in Denver at s15.75 per
hundred.
The barley and molasses fed lot
made an average gain per head OF
26.71 pounds. It took 2s9 pounds of
barley, 112 pounds of sugar beet mo-
lasses and 754 pounds of alfalfa to
make 100 pounds gain at cost Of
1850. This lot was sold the same
way and at the same prices as the
barley fed lot
These observations indicate that
sugar beet molasses possesses about
75 per cent the feeding value Of bar
ley: I. e.. 100 pounds Of sugar beet
molasses will give the same gain as
rs pounds Of barley. Further work
will be needed to determine average
results. In this particular expert
ment molasses effected saving Of
CSC per head on cost of feed
The Delta independent., 1921-01-21
A ouIrIER,s COUNSEL

Washington, Jan. 1.-THE quality
of craftsmanship which has charac-
terized the Wilson Administration is
fairly we'll illustrated by the inter-
view given to the press recently, by
William G. (Zuitter) Mcdoo relative
to the effect of deflation upon the
agricultural interests of the country"
says the Republican Publicity Asso-
citation, through its President, Hon.
Jonathan Bourne, Jr. Says Mr.. Nc
Adoo, AS I see the situation the
country can not look with indiffer-
ence upon the distressing situation in
which the farmers find themselves
Mr. McAdoo's inference that the
country is looking with Indifference
upon the distressing situation is
neither complimentary to the coun-
try nor to himself. The country has
not looked with Indifference and Mr..
McAdoo convicts himself of being out
of touch with public affairs when he
indicates the opinion that such in
difference has existed.
"He also says, I am frank to say
that think that the policies thus
far pursued with respect to credits
have been too drastic All of the poll
cies which have been pursued were
adopted and put in operation before
the November elections. In fact, those
policies had done the greater part Of
their disastrous work long before the
close OF the campaign, yet Mr.. Nc
Adoo was out on the stump prior to
| a, ~ ne
the present administration by the
| retention in power in both the legis-
lative and the executive branch Of the
government of that party which had
brought about the deplorable condi-
tions which now exist.
| "Mr. McAdoo was formerly Secre-
tary of the Treasury, and by virtue
Of that position head of the Federal
Reserve System which was chiefly
instrumental in determining the char.
acter of deflation the country has
experienced. 1t was largely under
Mr.. McAdoos administration that the
initiation process was conducted. II
was under his administration that q
large portion of the paper money was
put in circulation. It was due largely
to his encouragement, that costs OF
production were increased and prices
inflated After this had been accom-
plished with his connivance he sud
denly resigned his position as Secre
tary of the Treasury and head of the
Federal Reserve System and left the
problems of reconstruction to others
His only excuse for deserving his
high position at critical period was
that he desired to make more money
"Mr. McAdoo now presumes to dis
agree with the policies that have
been pursued by his successor. BY that
disagreement he convicts himself OF
deserting his country in the time OF
need and permitting to be inflicted
upon the agricultural interests the
! destructive policies which have been