davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-05-01
GOOD EQUIPMENT BONDS.

Mrs. l.. c. LII desire to have
you give me the names of four
p or Ave railroad equipment bonds
that may be considered attractive
Investments.
Answer-Cansdian Pacific Sc. Ca
madam National "a. Illinois Central
rs, Baltimore and Ohio 49,, Chesa-
peake and Ohio 6h's, Delaware and
Hudson as, Grand Trunk en-,
Minneapolis, 1t. Paul and 3. 3. Marie
rs. New York Central "a, Norfolk
Nnd Western 4k's. Northern Pacific
7's, and Pacific Fruit Express 7's.
Every one o. these bonds has q
high margin of safety. and they are
selling at prices which yield from
$40 per cent to 7.Sb per cent.
In buying railroad equipments
you should deal with q stock ex-
change house that specialists in
these Issues.
The Washington times., 1921-05-01
Il. s. CHARGESSTEEL
CORP. FIXES PRICES
Scheme to StifIe Rivals ID
Shown In Complaint by
Trade Board.

The United States Steel Corpora
ton and its eleven subsidiaries have
stifisd competition in the steel in
dustry by means of an ingenious
system Of price-nxing. according to
formal complaint, charging viola
ton Of the Clayton act issued by the
Federal Trade Commission.
The complaint was issued on appli-
cation by the Western Association OF
Rolled Steel Consumers by q vote of
three to two.
II was affirmed by Chairman Hus-
ton Thompson and Commissioner
John Garland Pollard and John. r.
Nugent, with Commissioners Victor
Murdock and Nelson b. Gaskill dis
senttng.
In brief. the applicants complained
against the device known as the
"Pittsburgh-Pl Plus" price. BY this sys-
tenn all steel except rails. wherever
made, and whether made by the cor
poration or by Independents. 10 sold
at the I. o. b. Pittsburgh base rate,
plus an amount equivalent to the
freight charges to the point of des-
tination.
HOW TT Is WORKED.
This means for instance, that where
the Pittsburgh base price for rolled
steel 10 $50. the Pittsburgh-plus price
at Duluth, MINI. for rolled steel man.
ufactured in Duluth and delivered to
the purchaser In Duluth 10 &63.20. The
added 1920 IL the imaginary freight
charge from Pittsburgh to Duluth.
Birmingham. Ala, Is the only city
where the Pittsburgh plus price does NOT
obtain.
The Birmingham price II arbi'
trarily arrived At by adding 50 IA
the Pittsburg base price. the COM
plant sets out
PROFITS ROLL Up.
The Pittsburgh plus price. the com
plant asserts, enables the steel man
ufscturer outside Pittsburgh to In
crease his prof1ts each time the rail.
road transportation charges on stee
are Increased. Since the price - al
ways the base price plus the freight
rate from Pittsburgh. the prfcs-fix'
ing is to Q degree automatic, and the
nece ssity for the "Gary dinners" II
thereby obviated.
Because of the power and influence
Of the corporation, and its potential
power to embarrass or destroy ia
competitors, this price liking 10 tanta-
mount, II 10 alleged, to setting the
prices at which steel 10 to be sold BY
all the manufacturers Of the United
states.
The Washington times., 1921-05-01
HAS $500 MISSOURI PACIFIC.

NJ. r., Bethesda. Md have $4,000
MisssUri Pacific General - bsnAs-
present price around b3--do you
think the interest on these bonds
secureH
Would you advise me to Sc. and
invest the money in stuaebak-r
common stock7
Also state do you think the rail-
road situation will improve from
Answer-We. beg to state Missouri
Pacific IL one OF the weak roads ard
the general mortgage per cent
bonds, a second mortgage. are not
high grade, in our opinion.
Moreover the company is not earn
Ing bond interest at the present time
and doesn't appear to have very much
X any surplus to draw upon.
II the writer owned three NJ these
bonds he would sell two, keeping one.
For the two bonds you sell we should
buy American Telephone and Teie-
graph stock and Western Union Tele-
graph stock. You will get n slight
ly better yield and. in our opinion.
have a better speculative chance.
II you should buy Studcbakrr you
would be committing a greater spec J.
lative risk, and we should say the
same thing regarding rails. We
should stay out Of the rails for the
time being.
The Washington times., 1921-05-01
WANTS MONETARY BOARD.

Representative Hustled of New
York has introduced a bill providing
for the appointment of q national
monetary commission to suggest re-
form In the money system and bank
ing laws of the United States to meet
conditions developed by the war.
The commission Is to report to Con-
gress by December, 1922.
A national monetary commission
was appointed by President Taft to
make recommendation for currency
reform and finally submitted the Aid
rich plan. upon which was based the
rudiments of the Federal Reserve Act
The Washington times., 1921-05-01
PENNSY HOLDERS
MAKENE RECORD
Owners Of Stock Increase
1883 in April Over Month
of March.

Pennsylvania Railroad stockholders
reached a new high record on April ]
at 1875. 393. an increase of 1912 over
April 1, 1920.
The April figure shows an increase
Of 2.83S stockholders over March 1 and
an increase Of 5,325 since the first OF
the year.
Increase in Pennsylvania Railroad
stockholders since the first Of the
year has been as follows: January,
133068; February. 134.743; March
1875, ass, and April. 13s.393.
The average holding on April was
also a new low record. being 72.1b
shares, as compared with 1912 shares
on March 1, and with S1.23 shares on
April 1, 1920.
In the following table 10 shown the
number of holders by principal geo.
graphical divisions on April 1 as COM
pared with the preceding year:
The Washington times., 1921-05-01
srwn BUSINESS AND FINANCE
Wall Street Gossip
that q new basis for quoting prices
will have to DO found.
PENNSYLVANIA RAILROAD
REPORT.


PENNSYLVANIA RAII.ROAD
REPORT.
Economies already Effected by the
Pennsylvania railroad are reflected In
the March report. which shows opsr-
ating income Of SS2.032.4eo. an in
crease of s4.7bs.e5o. while the total
income for the first three months
shows q reduction in dsncit Of $1%.-
So7.71s, a compared with the corr
responding period Of 1870.
Net operating income for March
showed an increase Of $e.7o1.s10.
while the three months showed the
dsncit reduced $16.4S3.686.
TIDEwATER-0UFFEY DEAL.
Negotiations mentioned In this col
umn some weeks ago between the
Tiwewatsr Oil Corporation and the
Guffey- Gillespie OIL Company are un-
derstood. to have been closed.
The contract, II 10 stated, was
signed in Pittsburgh and calls for the
Tidewater to take over $50. 900 shares
of Guffey-Gillespie stock at $15 q
share. Guffey Gillespie will continue
operating as separate unit, but will
be under Tidewater management.
The original bid of the Tidewater
Oil Is understood to have been $3.50
a share. but the Guffey bankers in
Pittsburgh held out for SIS. Guffey-
Gillespie has properties In the Mid
Continent field and in Colombia. South
America, whore the latest develop
ments are stated to have been very
promising.
The Washington times., 1921-05-01
ATLANTIC GULF PRErnRRED.
NEW YORK. May I.

Either the Atlantic Calf and West
Indies preferred stock II selling toe
low or the common IL selling too high.
While the directors on Thursday did
not announce the passing Of the pre-
fsrred dividend In just 10 many words,
no other construction can be put on
their action.
No action At the time the payment
10 due means that 1t Is passed. II II
were q cumulative stock, 1t would be
deferred and made up later. Not be-
ing q cumulative issue. a payment on
account of the one due now could
only be termed an extra dividend.
Talking about extra" dividends In
regard to "Agwi." even on the pre-
ferred. 10 looked upon by traders ~ ,
joke. As the preferred has prior
right to assets and dividends. the
common can receive no disbursement
until after the senior issue, so that
their existing market levels are re-
garded a. fictitious.
The Washington times., 1921-05-01
BANK Statement.

Bank statement: Average loans de-
crease, $42, 461 900; demand deposit
decreases. $4.539, 900: time deposits, in.
crease. f2,s73,00O; reserve decrease
50, 852 900; actual loans. increase, 81
341. 900; demand. deposits. increase
S32. OO3.OOO time deposits, increase,
$50
The Washington times., 1921-05-01

With the bulk Of it's business in
coal and grain, Western Maryland
will feel a resumption in the basic
Industries more quickly than the
average carrier, while owing 10 it's
minor proportion of passenger traffic
the freight slump has ben plainly
reflected in reduced revenue.
Gross earnings reported for the
first two weeks Of the current month
are over 7 per cent above last year,
a. against a gain of scarcely 2 per
cent In March, indicating slowly i'm
proving conditions.
The Washington times., 1921-05-01
MEXICAN OIL PROPERTIES.

The report from Washington that
Federal agents had placed the life OF
the Mexican oil fields at from six
months to q year. due to the appear
ance of salt water, caused some weak
ness in securities Of companies operat-
ing there.
One oil man states that Mexico has
more oil than can ever be found in
the United States. Even should the
conclusions of the Federal agents be
correct. they affect Atlantic Gulf
more than Mexican Pet roleum. as the
former company has been trusting to
its oil properties to pull II out OF its
financial difficulties. while Mexican
Petroleum has vast territories as yet
untouched.
The Washington times., 1921-05-01
EDITED BY
WILLIAM N. CONRAD
PENNSYLVANIA REPORT.

Pennsylvania Railroad Company for
March shows net operating income Of
S2.032 400. an increase Of $4.7S3.060.t
For three months net operating deficit
amounted to 1925. 231, q decrease OF
e14,897.710.
March net operating income OF
Pennsylvania Railroad system was
81, 7O8 ,54O.. an increase OF &6.701,01S.
Net operating dencit for three months
was s4.7S1.T39. decrease OF &1S,-
483. 686
The Washington times., 1921-05-01
ANOTHER STEEL SUIT.

Rumors were afioat of another suit
by the Government against the
United States Steel Corporation. In
vestigation revealed that the report
pertained to the action Of the Federal
Trade Commission on the corpora
tons basic point" price.
The commission Is to hold hearings
on May 81 at Washington to decide
whether the corporations policy of
quoting prices on a Pittsburgh basis
Is equitable and fair. Should II ind
against the corporation. 1t will mean
The Washington times., 1921-05-01

simms Petroleum continues to move
higher in the outside market on buy
ing supposedly by the American Inter
national Corporation.
1t Is stated that A. I. c. Is picking
up to the stock in order to average
on its holdings secured at q higher
figure.
Simms is one OF the most favorably
regarded Of the smaller oil companies.
Its newly acquired properties. 1t 10 un-
derstood, are rather promising.
The Washington times., 1921-05-01
New Line to South America.

Freight now can be shipped via Pa
cific Mail Steamship Company from
Philadelphia Marine Transport Com
pany OF that city will accept cargo
for Central American and Pacific
coast ports at regular conference
rates and Issue Pacific Mail through
bills of lading. Marine Trausport
Company eailings are between Phila-
delphia and Baltimore.
The Washington times., 1921-05-01

r. H.. Laurel. Md.-Please advise
me regarding the purchase Of Home
stake Mining. 1t 10 now quoted at
$50. q raise of So in the past ten
days. now have a few shares.
paid 500 for II some years ago, but
on account Of q fire in the mine
the stock went down, have heard
that they intend to resume paying
dividends again; II in good shape
would like to purchase some more
II you think 1t all o. X.
Answer-We should not advise you
to sell your Ho0estake Mining stock
now.
. 1t will not be long now, we believe
before dividend payments will. be re-
sumed. This IL a great property; II
10 tho greatest gold mining enterprise
in the United States. in our opinion.
The Washington times., 1921-05-01

Women holders on April I numbered
65, 435, an increase of $3.50 and held
31.31 per cent of the outstanding
stock, an increase Of 0.73 per cent.
The Washington times., 1921-05-01
Harvester Pfd, Dividend,

International Harvester Company
declared the regular quarterly div
idend Of $1.76 on the preferred stock.
payable June 1 to stock OF record
May 10.
The Washington times., 1921-05-01
Jordan Motor Reduced.

Effective May 2. Jordan Motor Car
Company reduced prices an average
Of $500. Five-passenger car and road
ster. heretofore listed at -, $50 are cut
to s2,25O; Sedan listed at $3.50 is re-
duced to $500.
The Washington times., 1921-05-01
INDUSTRIAL ALCOHOL DIVIDEND

Some good buying of industrial
alcohol has developed on the expecta-
ton that directors will declare the
regular dividend next month.
There had been some fears that the
payment would be reduced, but Of
late q better feeling has prevailed.
due to reports that business 10 show
ing q steady expansion and Is re-
garded by the management a. salts
factory.
The Washington times., 1921-05-01
Investors Service,

Will b
In and Il
service
Of
The Washington times., 1921-05-01
BOUGHT WILDCAT MINING
STOCKS,

II. L. CT have in my posses
sion some wildcat mining stocks,
q few OF which at least I am in
clined to think are worthless,
while I am not 80 sure of the
others. Please report on the fol-
lowing: Pittsburgh Copper. ELITE
Gold and Copper Mining. Gnrisnd
Copper Mining. George A. Tread
we'll Mining, La Bufa Mining and
sMeltfng. Slate Greek Mining. and
Bisbse OonseIidated Copper.
Answsr--Ths Mines Handbook re.
ports these properties as dead. We
think there Ia no doubt that the
stocks are worthless.
The Washington times., 1921-05-01
GRADUATING FROM BABY BONDS

e.. X. WI have been buying
bonds in 500 pieces and have ao-
cumulated quite q lot of them.
think l am now in position to
graduate from baby bonds and in
vest in bonds of $1,000 denomna-
ton. as there seems to be an ad-
vantage in price In both buying
and selling,
am looking for bonds that will
yield from on to 7 per cent, What
do you think of Kansas City
Southern Railway hrst mortgage
a's,l due 1050f These bonds are
now selling at Sc.
Answer-Kansas City Southern SIS
are high grade. These bonds are
secured by a first lien on SIS miles
II a total Of about 1900 miles. Al
sc they offer an annual return OF
about SEQ per cent and a maturity
yield of about $40 per cent. and
there IL q good market for them o.
the exchange.
The company has always earned
The Washington times., 1921-05-01

bond interest with a comfortable
margin. Many investors In baby
bonds eventually emerge into a class
of $1,000 bond buyers. II Is always
easier TO sell a $1,000 bond than a
500 bond and you get q better
price In selling and lower price in
buying. II you want a higher yield
bond, PROBABLY quite as safe an
issue, we suggest southern Pacific
convertible IS, yielding ITO per
cent; Chesapeake and Ohio converti-
bic AIS, yielding $50 per cent; 81.
Louis-san Francisco prior lien As.
yielding Z per cent; San Antonio and
Arkansas Pass 4's. yielding 7.60 per
cent.
The Washington times., 1921-05-01

Mrs. A., b. have about $4,000
to invest. and as I do not know
anything about bonds 1 should
like to have your opinion OF
Packard Motor Car Company ten
year 8 per cent gold bonds, which
have been offered to me by q
local banking house as an excel
lent investment.
Answer-We believe you. will nnd
these bonds will give you excellent
satisfaction for your investment.
In fact. we do not believe that
there are any other per cent in
vestments in the market that are
any better. We suggest, however,
that you buy only one Of the
Packard Motor bonds and one Mex
lean Petroleum Company fifteen
year 8 per cent bonds, as this will
obviate putting all your money into
one security.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

p 20 not ~rlte check nnl~aa you
have saffleisns funds Ia bank "a
cover q
This y tho advice Of Fiier mer.
rhants ~ho report that they are re-
rolslnE a great many such ehocks
aud that they add 10 their cxpenae
81 doing business and cause extra
bookkeeping and annoyance 70 both
them and the banker
The advice given Il 10 check caro-.
fully the cheek stubs and balance
broaght forward IN order 10 avoid
mistakes and perhaps embarrass-
ment az tho merchants feel that ii "a
unfair fer them 10 be bothered with
getting checks which require them
20 look ap tho writer. mail letters
snd ~Als week or ten days aud
sometimes longer before tho check
10 good
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
sHRINERs ACCOMPANY r.. Is.
FOWLER 10 ELL KORAN TEN
Pile 10 TIRED HOT SANDS

A party OF Mobiles Of the Mystic
shrine from Filler are today gather
I'd al Boise. celebrating a. ceremon-
1al OF that order Mobiles going
from hereTuesday included l.. NJ.
smith. H. y Hammerquist. G. W.
Case. W. r. Conant. Il A Reynolds.
Or. r. l.. CARNEY, II. J Weaver. II.
n. schildman. X. h. Dillingham; aud
Novice y. Is. Fowler The ShriIi-
ers all made the trip by auto. ard
are expected TO returf tomorrow.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
PRODUCE COMPANY FITTING
Up QUARTERS FOR BUSINESS

The r-Need-Me Produce company
are now engaged in remodeling and
repairing the Ripley building on
Main. street formerly occupied by
the ID. a. Produce company. and
viii occupy their new quarters on
May A. H. Il Adkins aud A. Dahl
have formed a partnership bearing
the unique name. U-Need-Me Pro
duee company. and are already en-
gagged In the business. The ID. r.
Produce company will have quarters
in the second hand store building
Oh west Main street.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
IMPORTANT ConcIape
(coniInusd from page -

pr0gementa on limited scale: q. G
Davis spoke OF the necessity OF wat
sr AZ the stockyards; James Penn,
inquired Why filor stores could moi
supply free delivery system. and
he was answered By Leonard Wood,
u the United stores. who explained
that tho coat of such service must
be added 20 tho price OF groceries.
and that the service delivery system
could again BIO Instituted Ia 80 dssir-
cd Upon putting tho question TO a
vote ths motion 10 have such SER
vices was iost overwhelmingly.
Many othors others also spoke.
The meeting was a lively one. full
filling all tho desires and expectan-
eies OF thoss In charge. Several
msn who had ideas to present we're
unable 10 do 40 because OF the dssire
OF 40 many 10 speak At the sams
time. and because OF the lstsnsss OF
tho hour. but at following meetings.
Il IL expected that all will have an
opportunity TO DO heard.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
Plenty of
Room to
Turn
Your Gar

turned in for another car. Turned out
to earn money or turned in as security
for loan.
Whenever you want anything in con-
nection with motor car, first consult
the Classified Automobile Want Ads
in The Record.
Generally, you'll find just what you
want already advertised. But II not,
your own Want AID will quickly pro-
duce.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
NATIONAL MAGAZINE SAYS
RECORD BoQUETs DESERVED

Publishers Auxiliary. Chlcago)
The publishers OF the Filler Rec
ord have been receiving numerous
boquets from their subscribers of
late regarding the excellence OF that
publication. all OF which are deserv-
cd, as The Record is giving many
times the value for the money re-
c0ive1.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

Or. Emma Drake. we'll known
welfare worker was issited BY msm.
bsFs Of the Washington club 20 meet
with them ~ tho home Of Mrs = =.
csdafhoim Mondsy afternoon 10
spa4k on tho subject OF child vel
fare II Ia aAid that more than M
~ ladies sore present to hear the In.
siructivs address. Doctor Drake
recently spoke here. and on Monday
night pss AZ Msros shs organized
a " c T. u. while 10 this eommufl.
ity. and many women have Joined
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21
PATRONIZE HOME
INDUSTRY SAYS
SUGAR BEET MAN
A. X. Hags<. New AmaIgamafed Ag-
~nf Tor Filler District Explains
Beet Conditions

''Pafronize home Industry" says
a. Il. Hagar. new representative Ia
this district for the Amaisamated
Sugar company who was here Tues
day.
Among other things. Mr.. Hagar
sAid that the company has recently
prepared a statement showing the
cost OF producing an acre OF wheat
and an acre OF beets. II Is very ey-
ldent that the estimate on wheat h
tho merest possibility while the beet
estimate h not only probable but
next 10 surety. according TO Mr.
Hagar. The present price OF sugar
would mean net return OF t9.sf
per ton for beets and the basis OF l 3
tons por acre Is not an exhorbitant
figure In face OF the fact that u IL
the lowest estimate considered by a
big majority OF this most conserya-
tive growers. Alfalfa land. planted
the middle OF May. LAST year. accord
ing TO Mr. Hagar. In many Instances
yielded more than 20 tons 10 the ac-
re-. Land one year out OF alfalfa Is
still better. spud. bean. or good
clover land Is equally as good. and
In some cases better. he says.
Alfalfa land usually requires
little more water. which, however.
10 not serious enough TO objection 10
prevent blowing up alfalfa land for
bssts under the present conditions"
hs stated.
For the best results the first es-
sential il a good Job OF browning
vi hen the sap Ia up and the crowns
narrowed out on top TO dry. then
,low under to depth OF from TO
10 inches. The ground should then
30 worked we'll and watered which
will fill up ALL air spaces and settle
he dirt around the old crowns and
'oots causing decomposition To
tart at once. by the time Il Is nee
,ssary To cultivate the best plant
viii be large enough that an oceas-
onal root crown that a digger might
lick up will only help to loosen the
Iround to n greater depth around
he plants which greatly stimulates
onnage. the only thing we are look
ne for.
Since q contract IL In force that
esms TO fili all requirements there
. only one thing that remains TO be
lone. and that one thing Is 10 pro
luce tho raw material
Tho future outlook for hay IL not
right enough to Justify leaving all
aud In alfalfa that cannot be fed TO
took on the place"
Mr.. Hsgar il willing at
II times to help aud give advice TO
he farmer who eontemplates going
nto the beet raising business. The
OF wheat raising and :
sst raising Is given In an advertise
aent In this Issue.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

(ffaliey News insrJ
There 10 growing tendency for
the farm bureaus 10 establish week
~ Or monthly newspapers and
xeakon support Of country nswspa-
pcrs
Fira they mi the country with
PROPAGANDA for tho bureau and then
10 into advertising competition with
them.
The country newspaper fights the
battle Of the banks. tho merchants
and manufacturers and producers
against radleaiism all around.
Thoy are then left 10 starys for
~ani OF the support they are entitled
70 and placed In competition with .
county farm bureau paper.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

the organization. Mrs r. 8. NiehoI-
son has been made Its president,
while Mrs. J. c. Heichers Is score
tary-troasurer. Doctor Drake IL
nearly eighty years old. and has
achieved eminenee As a physician.
Legislature. lecturer and organizer.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

Many a car Of 136-inch
wheelbase has been turn
ed within one Of the two
inch Want AID Column Of
The Record.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

In order to vote at the village
election Tuesday. II Is necessary that
every resident register at tho clerks
office by Saturday night.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

FOR SALE-White Orphingtons.
bred 10 lay. weigh and pay Hens
especially selected for laying
qualities 800 per rs, or $500
per hundred II called for X. ii,
McAtee, phone 1904. 52-tf.
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

FOR SALE IS. G. White Leghorn
Eggs. $40 06er setting. Tanker
strain. Phone 7403. Louis VI
rich. Filler SLIP
The Filer record. (Filer, Idaho) 1919-1930, 1921-04-21

FOR SALE-Prize winning White
Leghorn setting eggs. Get your
start from proven stock. Correct
y90--wonderful egg producers
Prizes at county fair last year: LIST
pen; LIST trio; LIST cock; list and
End cockeral; LIST and End pullet:
2nd and 3rd hen. H. r.. Musser.
Phone 453. Filler. 51-2mo.