davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-06-19
FARMER, DASHED BY AXE,
CRAWlS 500 TT. TO HOME

HEhNDoN, Pa, June 1s.--Irvin r.
Fesley, forty-nve, well-to-do farm
sr, dragged himself sind crawled
naif mile to the nearest farmhouse
ater ne cut deep cash In his leg
wnen heWing tree. The AK slipped,
making cut eight inches long In
ms risht leg, severinR an artery.
He tore HIS shirt into bandages
and made tourniquet. Twice he
fell from exhaustion. and had "a
crawl 500 feet to his home. He will
recover.
The Washington times., 1921-06-19
DENIES CHARLES PLANS
ANOTHER AUSTRIAN COUP

VIENNA, Juno 1s.--Reports that
former Emperor Charles plans TO
return to Hungary on August 20 for
o second attempt TO restore the
Hapsburgs to power were today
branded as absolutely false by
Charles adjutsnt.
He said the reports were circulat-
ed by the anti-monarchiSxs.
The Washington times., 1921-06-19
SIX DrS IN HEAT WAVE
SWEEPING TWIN CITIES

MINNEAPOLIS. MINI. June 1s-
With the Thermometer es in the
shade. the Twin Cities today swelt-
cred under an almost intolerabic
heat. which caused six deaths in "a
hours -Four of the deaths were in
st Paul and two in Minneapolis. The
local weather bureau reports today's
temperature as the highest on record
for the month of June
The Washington times., 1921-06-19

MR. AND MRS. JOHN j. MITCHELL. JR
Lolita Armour of MI. Ogden Ar
yesterday the bride Of
wealthy Chcngo banker.
conservaively estimated $6oO00Oo0 young Mitchell
share in fortune estimated s000000 sophomore
when the war broke out Mitchell enlisted the
Fla The people have practically
their lives childhood playmae in the
social circles.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
In Wall Street
Market Rallies at Close

Indications of heavy covering of COM
mitments by traders who had sold for
declines were seen in the rally that
marked the last half hour of trading.
For reasons not entirely clear Ameri-
can Wooden and Famous Players en-
joyed sharp advances in this period,
and it was believed in many quarters
covering. Gossip around the Street
that large financial interests had come
to the conclusion that the bear cam
paign had gone far enough for the
time being may have had some basis
of fact, or it may have been simply
talk on the belief that temporary
rally was due for technical reasons.
At any rate, the long list of stocks loans
ing at g. premium called attention to
the size of the short interest, said to
be the largest in many years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Matilda and Malinda, and a Minister

Question-As per enclosed circular have
purchased about $4,000 stock. paying part
cash and part by note. Please give me
your valuable opinion so to guide nc
oe1ore my note matures.-Rev. W. D. Il.
Answer-You do not say whether you
bought the preferred or the common
stock of the Aubry Sisters matilda
and Malinda), but if you pay SIS
a share for either you were paying
too much, in our opinion. A rouge and
beautifier outfit is poor investment
for a minister, in ours opinion. We
wish Matilda and Malinda all the good
luck in the world. but we think their
stock is somewhat risky, and we think
the face varnish might be more attrac-
tive if the lady on the label realized
that styles in hair dressing have
changed since the Chicago Fair If you
gave these charmers your note we fear
you are in for it, because note ordi-
narily must be paid.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Widow Interested in Foreign Bonds

have $1,000 to invest DO You feel there
is any choice between King dom OF Norway
and Kingdom Of Denmark bonds? Are
these taxable chow much) and are they
coupon bonds coming in $500 denomina
tons? Also is interest paid semi-annually
such high rate of interest. per cent.
am eager to know whether you think them
ADVISABLE am widow with a small in
come who needs careful investments and
YET as large yield Is safe. ! have
NIFTY shares OF Radio. Do you think there
IS chance OF their resumng dividends
IN reasonable time do you think
used to be the Marconi Wireless What do
you think Of my small list of investments
$1,000 bond Illinois Central y, $1,000
Atchison, Topeka & Santa Fe preferred
ten shares Standard Oh of New York pre-
ferred Mrs. c. H. F.
Answer--We think there is very
little to choose between the Norway IS
and the Denmark per cent bonds.
Neither Of them is subject to the is
suing country's taxes, and they are
subject only to United States income
taxes and your state and local taxes.
Interest Is paid semi-annually. Both
come in $500 denominations They
are readily marketable. We think the
reason they yield as much as they do,
Is because American investors arc nos
accustomed to investing in foreign gov
eminent bonds. With the exception Of
your, Radio stok you mention, We
think that your list of securities is
fairly good. We think the chances of
the dividend on the Radio common
stock are remote
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
May Rcorganize Canadian Railroads

Bankers here with Canadian afilia-
tions were without information yester-
day regarding the reported proposal of
Sir Joseph Flavelle, chairman Of the
board of directors of the Grand Trunk
Railway System, for a complete reor-
ganization of the Canadian national
railway systems. The development
was viewed with keen interest, how
ever, because of the fact that a large
part Of the Canadian railway financing
is coming to this market. The Flavelle
proposal involves the formation of q
new company with a capitalization of
$3.50, 900 900, Of which $500, 000. 900
would be common stock and $3.50 OOO.-
COO per cent preference shares. The
goyernment would take under this al
rahgement the common stock in par
in payment for advances to the exist
ing systems, which total $4,000. 900
in loans and S330,000, 900 in Grand
Trunk debentures. The government
would turn over to the new company
its equity in the system subject only
to bonds and debcn.ures, guaranteed
stock issued to the public and charges
The sponsor of the scheme believes it
would transform the heavy railroad
deficit into profit after few years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
An Excess of Production

Figures compiled by the American
Petroleum Institute covering the
month of June show that the domestic
production of petroleum is still rum
nung far ahead of consump tion. The
ports over the indicated consum ption
including exports, amounted to S.511,-
1893 barrels for the month. or at an
annual rate of 101, 1885, 900 barrels. In
May the excess was 12,112,111 barrels.
or at an annual rate of 1880, 245
barrels, and in June Of 1920 the ex-
cess was 2,400,331 barrels The insti-
tute estimates that the daily average
gross crude oil production in the
United States for the week ended
August 20 was 1,315,440 barrels, as
compared with 100000 barrels the
preceding week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Financial Items

Guaranty Trust Company OF New York
IL prepared to exchange tho outstanding
temporary Marland OIL Company ten-yeai.
per cent sinking fund participating gold
bonds. series A. due April l. 1891 for
dehnitive bonds with coupons I, due DC
tober l, 1921. and subsequent attached.
ia mixers Trust Company will be pre-
pared on September 20 to deliver dehnitive
bonds in exchange for tho outstanding
sun Company ten-year per cent sinking
fund temporary gold bonds, due April ,
1891.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Public Short Interest Large

Most observers agree that the bear
interest in the present market is large.
One member of the Stock Exchange
said yesterday: "Never before has my
house borrowed so little money nor so
much stock, and we have been in bust
ness twenty years"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
To Figure Deposits Differently

The New York Clearing House Asso-
citation has notified member banks that
hereafter they are not to deduct from
their gross deposits amounts due from
foreign banks in figuring the deposit
item on which reserves must be main
tained. The official ruling sent out
yesterday said: Under a ruling Of the
Comptroller Of the Currency banks are
not now permitted to deduct amounts
due from foreign banks and bankers.
subject to draft, from their gross de-
posits to arrive at the net demand de-
posits against which reserves must be
kept. AS the Clearing House rules re-
quire the same reserves as the Fed
eral Reserve act, the Clearing House
weekly statement, as to this deduc-
ton, has been changed accordingly'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Short Side Costly

The demand for stocks for borrowing
in connection with short sales is so
great at present that many of the
targets of the bears command
heavy premiums. This means that a
borrower Of United Fruit stock for in
stance, must pay daily charge of
$3.50 for the use of 10O shares Of
stock. as the loaning rate yesterday
was q per cent. Other rates ranged
from 1854 to "a per cent, so that Dor
rowers had to pay daily charges Of
from s1.56 to $3.50 for each 100 shares
borrowed. Crucible, General Electric
and Pullman were loaning at Is per
cent; SearsRoebuck, Cuba Cane pre-
ferred and Western Union commanded
lie per cent; American Sumatra, Cen
trail Leather and Pierce Arrow pre-
ferred loaned at 1882 per cent; Vir-
ginia-Carolina Chemical preferred and
American Car and Foundry were rated
at 1-64 per cent, while Railway Steel
Spring, American Sugar and 1nterna-
tional Harvester loaned Stat"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Pittsburgh & Lake Erie
Chlcago & Nortl.M cstern


LONDON, Aug 25. - Trading Ts'
quie. on the Stock Exchange to-ds.s'
Bar gold WAS quoted at lis Cd; moneT
WAS loaned AZ So per cent. Discou7'
rates We're: Short bills. 4l1-l6 Per
cent; threc-'nonth bills, -. per cent
Closing quotations or stocks werel
Consois. money. 47s4lLou'svitIe III.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27

opinion Of the new offering Of Detro,t
United Railway per cent bonds Cadver-
part Of the total issue OF s. 600 900 OF one-
year and part twenty years? hote from
the Investors Pocket Manual that suit
brought in June. 1920, by the company 70
restrain the City of Detroit from con
structing municipal railway system IN
dismissed The Investors Manual also
gives other outstanding bond issues Will
you please indicate whether you consider
$1,000 one-year bond of the new issue "A
conservative investment? II not will YOU
please explain why it Is not? Will YOU
also tell me the relation of the new issue
to the previously issued bonda? | note
that the first consolidated AVS are now
quoted at 5s1s. Is this low figure indica-
tive OF weakness in the Issue or the COM
pany's affairs? The company's advertise
lnent would lead to believe that the new
issue Is a first mortgage bond which prom
ises to retain stable market value, as pro-
vision is made for a sinking fund to retire
bonds purchasable on the open market at
q certain figure. Is such belief justi-
fed? VIII you also explain the invest
rnent possibilities of short term notes for a
man who has 900 which he would like
the principal is the first consideration7
If short torn notes COT the American Tele-
phone and Telegraph for instance). meet
obtainable ?--P. b.
Answer-Detroit United first collat-
eral SINKING Iund 80 are secured by
the pledge Of s4,155, 900 Of first mort
gage bonds on 202 miles of interurban
railroad tracks, lying outside the city
Of Detroit. They. therefore, are indi-
rectly secured by first mortgage on
this mileage. The other issues of De-
troit United bonds are secured by
other mortgages on other property.
The relationship, therefore, of these
bonds to the other bond issues is not
that Of junior and prior liens. The
real eecurity Of these bonds is the
specific property pledged under the
bonds which are deposited under these
bonds. We think the bonds have a
stable market. The first Ans are. Sc
cured by mortgage on a street rail
way within Detroit, and some other
street railway, and we think the low
selling price is indicative of some
doubt as to the outcome Of the rela-
tons between the city Of Detroit and
the company in regard to the opera
ton Of municipal street railway.
You can buy short-term notes through
any reliable banker or broker. The
American Telephone and Telegraph
Company's obligations are all good IN
vestments, we think. New York Cen
trail per cent equipment trust GER
tll1cates are good investment also
for short-term money, in our opinion.
In fact, the equipment trusts of any
good railroad arc high-c class short-torYn
nvestments
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Investment
Information

Questions Of general interest to in-
restors will be ons,oered in this col
u,nn, IN vhich case only initials sciU
be used. Others scill be answered BY
mail. Address eli Inquiries, inclos-
ing q stamped. addressed envelope. to
Financial Editor, The Tribune, 49,
Nassau Street, Neac York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27

PARIS, Aug. 26.-Prices were firm 81
the Bourse to-day. Three per. CEN
rentcs. SIS francs 65 confines; excnaAts
on London, Il francs So centimes; r.
cent loan, 81 francs IS centimes. ~
dollar was quoted at L. francs 20 cs''
times.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
The Dollar in Foreign Exchange

The foreign exchange market turned
reactionary yesterday and sterling lost
] 2 cents net az the closing rate for
eanles on London, $500 Continentals
turned easier as rule, although
@uildere held up fairly we'll.
far Eastern rates were irregular. re-
actons being recorded In Indian and
long Kong exchange.
South American rates held .+.sdu
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
United States Rubber

United States Rubber issues acted In
disappointing manner yesterday when
the market as a whole was mounting
rapidly in its vigorous rally. Tho com
mon stock made temporary bulge TO
Al in the first hour but it did not hold
the advantage gained and later receded
to Al, closing at 42Hl. The first pre-
ferred after selling at SO broke to rs,
and closed a q down at 777s The com
papy plans to issue it's statement for
the six months ended June 80 to- day,
and it was reported in the Street in
connection with the decline In the Rub
Der issues that the figures would be
disappOinting.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
American International

The advance of S points in American
international Corporation yesterday
was strongly suggestive of badly
squeezed short interest. Recent rumors
regarding the position of the company
had made it target for the bears
over period Of several weeks. Yes
terday when they tried to cover they
found surprisingly small floating
supply. According to unofficial figures
made public yesterday American In
ternational is gradually improving its
position and obligations of all Kinds
due to the banks stood at approximate
ly $12,600,00o at the end of June,
against S19,500,000 at the beginning of
the year. In the same period cash
holdings Increased from S4,613,337 to
$6,055,0 600. Inventories during the six
months were reduced from $12,524, 900
to s9,2O3, 900 and receivables from $S2,-
400, 900 to $24 ,856,000. Earnings in the
six months were unsatisfactory, and
the net result Of operations is reported
to have been small deficit,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Mexican Petroleum Inquiry

Imminence Of Stock Exchange In
quiry into the Mexican Petroleum
fiasco may have been responsible for
part of the contraction Of the short
interest. In some quarters it was felt
that the motive behind the false report
published on one Of the news tickers,
that the common dividend on Mexican
Petroleum had been passed. was a re-
the shorts were willing to go to gain
their ends. Constructive elements in
the financial district, it was felt, would
demand thorough investigation, and
it was believed that such a move would
serve to check unrestrained under
handed methods to depress securities.
Unless the guilty persons can be
brought to justice, it is felt that the
public will look with askance at the
whole transaction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27

Bank Clearings-Bank clearings at
New York yesterday were: Exchanges.
s5'5,Soo,0oo; balances, s5o,0ooooo
Silver-London, 88d; New York.
domestic bar, 9e14c; foreign, 62c;
Mexican dollars. 47xc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Doubtful About Some of His Bonds

Question have watched and studied
TO-, 1losely your lnvestn'ent information IN
years and by your suggestion. hase
got together what l conrider = fnjrl. roos
s ,9l or bonds, including Denmark IS. Danish
Mul'cpal S. Belgium 7izs 5Hhcsapca'le 2,
Onio equipment 6Ms and several other
equipment issues. I have however. four
bonds which I do not like and Which 7
nave neen trying 70 dispose Of FOR some
time However. the prices at which /
t bousht these bonds arc far more thar
sa;ne condition prevails to- lay I am 20
lhg 10 AJAX that you please suggest as TO
wat you think l should do VITA therslW
whether to hold untN bond ,4.cs. = ';,,a-,~..
further else can YOU sue, ono. a.,
cuTlties for which might .Nchange fhes.
mat would bring in about tile same return.
kennecott Copper IL. due 1880 cos, -.
bid day 81 Hershey Chocolate go
I ,1s " 10 n, BID today % II you feel that
pom as to principal and interest please
m s., ana the purchase of other securities
Wou!u De advAntag eOus I would apurecfa-a
this INFORMATION very much. ! an liz.
the majority OF investors. wanting as
the same time prefer safety to ever@l
Thing else.--C NJ. r.
Answer-We would be inclined to sail
the Michigan Railway Ga and the
Hershey 7}as but hold the Kennecott
Copper Is. We think that the copper
situation is getting better. With the
proceeds Of the sale of the two bonds
tnat we mention We would suggest the
purchase of one Of the new Western
Union Telegraph 6}2 per cent bonds
due 1886 recently offered at 90 and
selling somewhat higher since the sub
scription books We're closed, and one
of the Northern Pacific Great Northern
Joint 6}s per cent bonds secured by the
deposit of stock of the Chicago. Bur
lington g. Quincy. The bonds are due
1886.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
n. Y. Central Gross
OFF, but Net Shows
Big Gain in July
Western Roads Show Dras.
tic Cuts in Maintenance
and Large Savings in
transportation Expenses

New York Central gross fell off bv
s6.40S,0o0 in July, 1921. as compared
with July, 1920, but through economies
in operation The company had $685.
600 greater net income in July this
year than July last year Heretofore
the New York Central's gross has MOI
shown as large falling off as most Of
the other Eastern roads. This is in
dicated by the fact that the total de-
crease in gross For the first seven
months Of 1921 was sll ,9s4 coo, or In
other words, except for the July de-
crease, the Nav York Central would
have done fairly well in comparison
The increase in net in the seven months
is stirling, and comedies with the fore
cast made n The Tribune two weeks
ago Sunday.
The New York Central's affiliated
line, the Cleveland, Cincinnati, CHI
cago 6. st. Louis, showed s6,243.ooO
s1,5S6.0O0 gross in July, 1920. A saw
ing Of over million dollars was made
in transportation expenses in JUL.
1921, as compared vi tn July. 1920.
Both Southwestern roads. IS repre-
sented by the Texas & Pacific, and
Northwestern roads, as represented b.
the Minneapolis, st. Paul & Sault Ste
Marie, show falling off in gross earn
lngs. The Chicago & Northwestern
also shows falling OF in gross and
shows more than million dollars saved
IN transportation expenses. The Pitts
burgh & Lake Erie, rejecting the in
tense industrial depre ssion in the stee
industry, had only s1,521, 900 gross IN
July, 1921, as compared with s2374.-
U00 IN The previous year.
The New York, Chicago & St. Louis.
competing with. and paralleling the
western half Of the New York Contra.
shows loss il revenue similar to that
of its competitor.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Money and Credit

Call loans renewed at per cant at
the Stock Exchange yesterday, the
lowest since August 2. This rate held
throughout the day, although In tho
outside market borrowers were able
to obtain call funds at per cent
Some business was reported in time
loans at "a per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

Copyright New York Tribune
The Birmingham age-herald., 1921-05-15
SAYS TOOTH PASTE
 RUINS TEETH

v Prominent dental authorities recently 6ound, after extensive Investigating. that many of our most popular tooth pAstes actually cause decay instead Of prevsnting it.
 Due to their abrasive nature, they report tooth pastes and powders very bfton wear away the enamel on teeth. 01lowing decay to set in and causing oAvfttea, They also fail to penetrate tho gum pockets where the germs of pyorrhea and other dangerous mouth digeases breed.
 ' AInstead of th-scratching and gum fearing and inefficient tooth pastes and powders many dentists now recom- mend new liquid dentifrice called Eteroline. which does away with all the disadvantages of tooth paste. Being a liquid Steroline readily gets into even The tiniest crevices cleansing them Thoroughly. In addition it makes an excellent mouth wash---a few drops night and morning keeps the mouth cool and sweet and acts as preventive of the many diseases contracted through the mouth. Get bottle to- dAy from your druggist-Adv.