davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-09
HITCHIN S5O,OOO,OOO
LOAN TO ARGENTINA
Republic SHES at 8 l-2 Pei
Cent. Cost and Desires
Five Years or Less.
Average Bond Prices
August 8. 1874.

The Government OF the Argentine Re-
public IS seeking a s50,o00o 900 short
term loan in this market, and one OF
the three banking groups that are con-
Quoting active negotiations for the bust
ness had completed mechanical arrange
ments for the Offering OF $4,000. 900
two year rs in this market yesterday,
having organized strong banking
group. An inexplicable hitch occurred.
and as a result the Offering was not
made. and now It is not known just how
soon the business will be put through.
The Argentine Republic, It was learned.
calculates It's needs at $50. 100000. but
It is unwilling to negotiate loan to
run more than five years, with a prefer
ence for two year loan.
Argentina, It was said. is prepared to
Go business. but 1t is not as yet certain
that 1t will agree to pay the S1b per
cent. cost likely to be attached to short
term financing. In connection with the
proposed financing, 1t Is interesting to
note that bill has been introduced in
the Argentine Congress to permit ex-
ports of gold to within so per cent. OF
the circulation.
At present the gold basis Is 81 per
cent. of circulation, and leading bankers
and commercial interests in Buenos
Aires have been urging for almost q
year that the restrictions be removed
on gold exports. 1t Is possible that
legislation will be required before the
s50,000,000 external loan to be fioated
in the United States can be consum-
mated.
The New York herald., 1921-08-09
TAKING OF PROFITS
DIPS COTTON AGAIN
Both Southern and N. Y. Hold
ers Let Go-Liverp0Ol
Chiefly a Seller.

The cotton market sold on about u
Of a cant pound yesterday, yielding to
profit taking from both Southern and
local interests The bear element was
helped to aome extent by a weakened
technical position after the upward
movement OF last week. The market
opened about 1 to points net higher I;
but plenty of cotton came out on even
slight bulges. Part Of the selling was
caused by the cooler weather In parts
of the Western belt. chiefly In Oklahoma.
A minor factor was the fall In stock
market prices
In the Eastern belt more rain fell. 1t
was officially predicted that tempera-
lures would probably be higher In the
West to-day. This brought out little
scattered short covering at one time, but
hardly enough to absorb all that was
offered. Liverpool brokers acted on both
sides of the market, but were chiefly
interested as sellers. They bought In the
afternoon on the better tone to foreign
exchange, sterling exchange advancing
more than cents to the pound.
The market was under increased pres
sure directly after the call, and dropped
about 10 to 25 points under Saturdays
finals before the end OF the first hour.
Liverpool futures prices were about as
expected at the time of the local call,
but late In the session the English mar
lset developed an easier undertone, Duy-
ers being few In a thin market. About
$4,000 beles Of the actual changed hands
abroad. Business was slow in the last
three hours of the day and prices showed
little change.
The market came back to within
few points Of the preceding close In the
fourth hour but pressure increased In
the last and the list eased back to It's
carly low The market was of II to 20
points at the finish. The local spot price
was 80 points lower at 1920 cents.
The New York herald., 1921-08-09
ALCO EARNS S12.1O
SHARE ON COMMON
Dividend Equaled Four Times
in Six Months-&, $685.
958 Untitled Orders.

Andrew Fletcher. president of the
American Locomotive Company, in a
report to stockholders to be issued to-
day. stated that an amount equal to
s12.10 a share was earned on the COM
mon stock in the six months ended
June 80 after providing for the regular
$3.50 a share or semi-annual dividend,
requirements on the preferred. In other
words. the dividends of ~ per cent a
quarter on the common stock were
earned four times and the remaining
surplus OF s2,278,o4s was carried to the
general surplus account, making final
profit and loss surplus on June 80 last
s26,s30.418.
Considering that gross earnings fell
Off $19.12b,153, as compared with the
preceding six months period. a decline
OF more than 40 per cent. officials of
the company expressed pride in 8 profit
available for dividends of s3,901 ,043, a
decrease of only s432,S84, or 10 per
cent, from the results in the six months
ended December 81, 1920.
Salient features of the income ac-
count for the two periods are:
6 mos. to ) mos. to
June 80, 1921 Dec. 81. 1920
Gross .:..:.......... $685. .os9.7s1 S4o.1l4.ea4
N 4 n ~ ~ inn nj In
The New York herald., 1921-08-09

fty OF Paris os NY City AS 81
rs. 90 1915 May
2. 100 g.. 81
'nited Kingdm NY City 4Jfs 90
SIS 1871 &c.,. .00a
0. .997s NY City 4Its 90
5l5s 1922 l...... 80
The New York herald., 1921-08-09
Prices Ease n Little.

Investment demand was less urgent
yesterday and In consequence bond prices
were not kept up to the levels recorded
last week. Reactions were noted in
every group. while advances occurred
in only one or two individual issues.
The heaviest transactions were in Vic
tory AVS, which advanced IA cents to
9S.7s and then reacted to 9S64. Foreign
government bonds were reactionary with
the exception of United States of Mex
leo 5s, which advanced from AM to
A5%. Railroad bonds were active at
slightly lower levels, and industrial
bonds were or little. OIL bonds were
easier. particularly Marland Oil IS.
which declined from "a to 90, and Sin
clair Oil TVS, which opened at 80 and
sold down TO 90. Tidewater Oil 6hs,
however, advanced fractionally.
The New York herald., 1921-08-09
West Penn Power Offering.

A syndicate headed by Halscy, Stuart
& Co. and A. B. Leach & Co. Is Offering
SO, 900 West Penn Power Company
first mortgage per cent. gold bonds.
series ID, due March I, 1s46, at 9sA
and interest, yielding about 7.15 per
cent Tho bonds are secured by a first
mortgage on the properties Of the COM
pany. which provides the electric light
and power requirements OF some 2e4
communities within radius OF sixty
miles Of Pittsburgh. Gross earnings of
the company have increased from
s3.022.257 in 1916 to ss.32o.331 for the
twelve months ended June 80. 1920.
Net earnings In the latter period were
s3.246,02s. compared with annual in
terest requirements OF s1.164.080 on all
outstanding first mortgage bonds.
The New York herald., 1921-08-09
borrowing Demand Urgent.

Northern Pacifc-Great Northern 6hs
was reported yesterday, resulting in the
bonds commanding a premium of B
per cent. for Mondays delivery. II Is
not recorded that bonds have ever be-
fore been at a premium for delivery ex-
cept when needed for conversion pur-
poses. 1t is assumed that large
number OF dealers have sold the bonds
short, either at the time of the original
offering or since they have advanced
in price. The Burlington Joint 6hs
we're offered last April at 96h, to yield
SIX per cent. They have never sold be-
low the original offering price. and yes
terday the bonds duplicated their pre-
Wous high record for the year, 101.
The New York herald., 1921-08-09

orn Maine Seaport Railroad Company,
80, SIC, ,0O0 and the Van Buren, Bridge Com
peny, s7T.5oo. used by the Bangor and
Aroostook.
Clinton II. Brown, formerly with Horn
blower q Weeks, has formed the firm of
National Bank OF Commerce Building, 81
Nassau street, for the purpose OF dealing In
investment bonds.
Zimmerman Forshay have issued for
free distribution a circular outlining the
present status OF Industrial and municipal
bonds OF twenty German cities. giving pre-
vailinE rates and yields.
Hugh J. Dmond and John q. Bills, Jr.,
partners In tho brokerage firm of Hugh =.
pimond n Co., OF Boston, which assigned
laet week, were pstitioned into bankruptcy
10y creditors yesterday.
The New York herald., 1921-08-09
Charcoal Iron Plans Issue.

Stockholders OF the Charcoal Iron
Company OF America will vote on Au-
gust 81 on new st.000,000 first mort
gage bond Issue to provide working
capital Frank w. Blair, president of
tho company. says: Although the COM
pany has plentiful assets and wealth Of
property. Il has been impossible during
the last ten months TO manufacture or
market products and meet obligations
promptly" II Is understood that the
bonds will run for twenty years and will
bear an per cent. interest coupon.
The New York herald., 1921-08-09
l.. ana N. Applies for New Issue.

The Louisville and Nashville Railroad
applied yesterday TO the Interstate Com
nerce Commission for authority 10 issue
S2S,615,000 OF bonds. The carrier asks
permission also TO sell sl2,753.000 OF
these bonds and to hold the balance IN
It's treasury for future disposition. II
states that the s12. .753. 900 OF bonds are
TO be sold outright to J. =. Morgan q
Co. at not less than $3.50 net to the
company.
The New York herald., 1921-08-09
TO EXTEND IMPORT LICENSES.

WASHINGTON, Aug. S.--A bill to ex-
tend to March 27. 1922, the war time
license system of importation of chem
icals and dyestuffs was introduced to-
day by Representative Longworth, Re-
publican, Ohio. 1t would substitute ten
months for the three month extension
from August 81 provided for in the
emergency tariff bill. made necessary,
Representative Longworth said, by delay
In enactment of the Fordney tariff bill.
The New York herald., 1921-08-09
Louisiana OH Certificates.

Freeman & Co. are offering 100000
Louisiana oil Refining Corporation 5
per cent. equipment trust gold certif-
icates dated August 15. 1921. and ma
turing from 1922 TO 1927. inclusive. At
the prices the yield is from $50 to
per cent. The certificates are secured
by first lien on $50 all steel tank cars
OF 5000 and 10000 gallons capacity
each.
The New York herald., 1921-08-09
NEW ORLEANS.

Cotton closed steady at net DECLINE Of %
10 so points Close: October, 12.72c.; De-
cember' is. Osc.; January, 13.12c.; March.
1876; May, 13.44c. Spot steady; middling.
II. 13c.
SOUTHERN SPOTS.
Galveston steady. 80 lower at u 5oc.; sales
s44 bales. New Orleans steady, ~ lower,
I2.l3c.; sales 1859. Mobile nominal. un-
changed, II 25c.: sales nil. Savannah quiet,
UNCHANGED. y 25c sales sso NIL Norfolk aast'
IL lower, 12 lac; sales 1921. Memphis
steady, unchanged. 1.5oe; sales NIL; Hogs- y,
Little Rock steady. unchanged. II .25c.; sales
BIO. Dallas steady, 20 lower. 11.45c; sales
2,632 Montgomery quiet, unchanged. II .25c. /;
sales NIL. Fort Worth quiet. 20 lower,
1856: sales $40.
LIVERPOOL.
Spot cotton hardening at points advance; |;
nniddling, s.55d; sales IL 900 bales. American
10 600 Imports IS. 900. American 1900.
Futures opened quiet at 1 TO points ad-
vance; closed barely steady at 10 TO IA points pd
advance. October, S.TSd. December, S.ssd. !;
january s8Sd.: March. s.98d.: May S.S9d.
Neutrality-suspicious. easier; cloths dull.
The New York herald., 1921-08-09
s5M and interest, yielding 81 per cent
Atlas Temporary Bonds Listed.

The Stock Exchange has stricken
from the list Atlas Powder Company
$4,000, 900 fifteen year Z " per cent. con-
vertible gold bonds. due August !. 1885.
when issued, and has admitted 10 the
list temporary bonds for them.
The New York herald., 1921-08-09

While no balance sheet is given in the
report, Mr.. Fletcher in remarks to stock
holders said that in six months inven-
tories have been cut down S8,600,0OO to
$e.555,331. On June 80 last total cur
rent assets were s46.666,s83 and total
current liabilities s6.s3s.401, which rep
resents excess current assets of $780,
s2s,4S2 after providing in current liabil-
tiles a reserve of s2,870,033 to provide
for shrinkage in value Of notes and bills
receivable, discount on Canadian funds
and other contingencies. and reserve
Of S3,011,367 for United States and
Canadian income and excess profits
taxes
On the same date. with no loans pay
able, the company had in Its treasury
among other securities S10,760,0O0
United States Treasury certificates OF
indebtedness and s2,000.000 Of New York
City per cent corporate stock and tax
notes.
Unified orders for new locomotives.
recondtioning of old locomotives and
miscellaneous work at the close OF the
half year totalled S4.595,e5s, of which
1915 per cent. was domestic business and
s3.5 per cent. foreign business. mostly
for Japan, China and South Africa.
The New York herald., 1921-08-09
oner Middle west Utnitie..

Halsey. Stuart & Co. and A. d. Leach
& Co. are offering sl,500.000 Middle
West Utilities Company 8 per cent. se-
cured gold notes, due July 1. 19tl. At
The Jewish monitor. (Fort Worth-Dallas, Tex.) 191?-1921, 1921-07-22
ARTICLE XIII.
Citizenship of the Jew.

In nothing is the Jew better quail
fed than in his fitness for citizenship.
In his every aspect he is a politico-so-
cial asset of veritable value. He con-
tributes in liberal quota to the pros
perity Of any community of which he
is part, and his civic attitude is such
as to give permanence of public benefit
to whatever Of personal success he
may achieve.
The modern Jew is not by nature
nomandic; his migrations have been
forced upon him. He has strong love
Of locality. Being the worlds orphan,
owing allegiance to no fatherland, the
Jewish immigrant does not plan de-
parture from the land of his adoption,
taking with him his locally-acquired
possessions; therefore, he is econom-
ically desirable.
Without national identity, he attach
es himself to whatever country to
which he comes; he becomes an inte-
grant part of its institutions and a
factor in its development. He does not
drain it of its wealth.
The Jew adds the most substantial
texture to the social fabric. Stable in
character and definite of purpose, he
builds permanently and securely. So
licitous always for his posterity, he
builds also for the future. His civic
code is based on the family life, which
is the best insurance Of its integrity.
The vicissitudes of his varied exper-
fence has given the Jew an extreme
facility Of adaptation to new environ
ments, an exceptional faculty for adj
justmnt to unaccustomed conditions,
which unfortunately does not always
distinguish in any degree the polygot
population Of our neodamadic Amerl-
ca--this great mosaic Of nationalities.
"Nor do they remain mere passive
creatures Of their environment, but &C.
lively assist in molding it anew" says
Israel Cohen in his Jewish Life in
Modern Times"
This disposition to do his part in
civic construction, knowing that the
security Of individual interests de-
ponds upon the general welfare, makes
the Jew a formidable force in COM
munal progress and upbuilding.
In addition to his superior energy
and enterprise and the fine mental
equipment that makes him an accept
able acquisition to any community, the
Jew is possessed of high regard for
both personal and business honor that
strengthens the fiber Of the civic fab
ric and should command the esteem Of
his Gentle associates.
Respecting the quality of Jewish
citizenship and few incidentally re-
lated characteristics of the Hebrew
race, permit me to present an article
/ published in 1898, which changing
conditions have robbed of little Of its
pertinence:
The Jewish monitor. (Fort Worth-Dallas, Tex.) 191?-1921, 1921-07-22
Jewish Problems Viewed Through
Gentle Glasses
WALTER HURT
20 lUad some bOwer the gitfie gle us
To see onrsel's as Others see ISL"
-..Barns.

NoTE-Be II understood that this SER
les Of articles presents Jewish questions
purely from the non- Jewish viewpoint,
and neither the editor OF this Journal nor
any Jew should be regarded as RESPONSE
bio for, or necessarily agreeing with,
any opinion herein expressed, excepting
quotations Of Jewish orIgln.-W. H.)
The Jewish monitor. (Fort Worth-Dallas, Tex.) 191?-1921, 1921-07-22

VIII Duy with you, sell with you,
talk with you, walk with you, and so
following; but l will not not eat with
you, drink with you, nor pray with
you
$50 doth the gentle bard make his
typical Jew define the relations be-
tween himself and his Christian neigh
Dor.
IF this were no exaggeration in
Shylock's time, even then the Jew wa.
not blameable. Continually to be called
a dog and spit upon in public places
does not tend to make man ready to
extend or accept hospitality, or to re-
spect the particular brand of godli-
ness that is the motive for these Of
lenses. 1t is expressly taught in the
Christian religion that you must
promptly turn the other cheek to the
tough citizen who has smitten you, but
it is no part of the Mosaic canon. On
the other hand, the Jew is expressly
commanded to administer the solar
plexus cure for such cases of emotion
al insanity. But, in Shylock's time, the
laws Of Venice punished with death
any obstreperous Hebrew who dared
properly to resent the insult of
Christian; and, more effectually to
convert him from the Mosaic law, fol-
lowed up his execution with confsca-
ton of all his property. In this on.
respect the Jew was compelled to be-
come a Christian, while, with keen
sense Of equity, the Christian adopted
the Jewish maxim, An eye for an eye
and tooth for a tooth
81 am sorry to say that while tn,
law now protects the person and prop
erty Of Jew, yet large number of
persons, even in this free country,
think the Christian and Jewish max
inns ought to be applied as they were
in Shylock's time-that the Jew
should turn the other cheek and the
Christian should do all the shifting.
This, to some extent, accounts for the
fact that the average Jew Of today,
while perfectly willing to buy and sell
and walk and talk with you, is not es-
pecially anxious TO eat and drink
with you, and refuses politely but
firmly to pray with you or to pray for
you. The intelligent Jew is proud of
his race and proud Of his religion, al
though he is not very firm believer
in it; and, however ELUSIVE he may be
in matters Of business, is yet very ex-
elusive as regards his family and their
domestic circle. Business relations,
with him, do not extend inside the lin
tells Of his door, for his home is not
only his castle but his synagogue-it
is the only temple Of his faith.
"But, with all this Abrahamic ex-
clusiveness, the Jew knows a good
thing when he sees it-especially in
the matter Of citizenship. He makes a
good citizen, and usually is in the
neighborhood when there is any pros
perity to be distributed. In fact, II
you strike an American town without
its proper seasoning Of Israel's chill
dren, you will find the Hon. Dry Rot
in control Of things. If the machinery
Of Progress is worth the trouble, there
is sure to be some Jew around oilinp
The Jewish monitor. (Fort Worth-Dallas, Tex.) 191?-1921, 1921-07-22

SUBSCRIPTION BLANK
The Jewish Weekly Publishing Co.,
285-2S9 West 10th St.,

The Jewish Weekly Publishing Co.,
285-2S9 West 10th St..
Fort Worth, Texas. -fa
Gentlemen:
Enclosed please find check for s.
for which please send die Yddishe Wochenbatt" for
months.
Subscription Rates
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Three Months 100 Address
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-02-19
BUDGET OF EXPENDITURES ADOPTED BY THE POLICE
JURY FOR THE YEAR 1921
ORDINANCE NUMBER 1862.

An Ordinance adopting budget of expenditures and max
ing appropriations for the year 1921 and repeating all Ordn
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-02-19
|. o. o. F. AND REBEKAHS
VISIT CROWLEY LODGE

Wednesday evening some q
members of Welsh Lodge No. 7G
|, 0. 0. F. and Welcome Rebekah
Lodge No. IS motored to Crowley
where they attended a "get-to-
gether" meeting of Crowley Home
Lodge, in honor of Grand Master
j. O. MOdiSette of Jennings.
Among those who went from here
were Mr., and Mrs. A. |. Cline, Mr..
and Mrs. C. L. Abel, Mr.. and Mrs.
W. +. LOVett, Mr.. and Mrs. NJ. B.
Van Ness, Mr.. and Mrs. R. S.
Greer, Mrs. Emma Russell, Mrs.
c. L. Davis, Mrs. Anthony Hebert,
Mrs. Doris Buchinham, Mrs. Will
Carr, Miss Jennie Goldsmith, and
MeSSrs. J. P. Campbell, Chas. c.
c. Carlisle, A. c. Moore, R. Smith,
r. A. Estes, Willie Day, L. G. Pur-
Vance, J. A. BurreSS. Visitors in
cluded Miss Ercie Hunter of Jen-
ninss, and Raymond E. Abel; Ed
ward Abel, CharIesberry Greer.
and Marvin VanNeSS.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-02-19

if seems, for the noted two-gun
man is proprietor of a modiste
shop in his new Paramount-Art-
craft picture, John Petticoat, :"
which is coming to The Auditori-
UNI, Saturday, February Goth. The
filming of the story, which was
supervised by Thomas H. Ince,
took the famous star from the
great North woods to the old
Creole section of New Orleans.
He starts as a lumberjack and is
surprised to learn that he has in
herited a modiSte shop from a
deceased uncle in the Southern
city. Determined to investigate,
Hardwood" John Haynes, the
hero, played by MIR. Hart, travels
to New Orleans and there be-
comes involved in a Serio-comedy
of big dramatic scenes, laughs,
and a pretty little romance.
Mr.. Hart is said to be thorough
ly at home in this Strikingly new
type of role and to shine as
brightly in a dress suit as he does
in the familiar garb of his West
ern parts. A good cast was assem-
bled to support him, including
Winifred MISSIONER, Walt Whit
man, George Webb, Ethel Shan
non and Andrew Arbuckle.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-02-19

seems left but cooperation and
pooling of interests.
February lSt we had on hand 7
and a half million bags of rice,
tclean and rough. We must take
hold of one or the two horns of
our dilemma. We must either
move our present crop in some
way or carry ii over into next
year without milling. If the latter
course is pursued it will ruin the
1922 prices. Two million pock-
IetS Or twenty five per cent of
what we now have should be got
ten out of the way at once at
some price. All Of you are going
to plant some rice This year. You
have to. Now do you suppose
buyers are going to rush into the
market for supplies next fall
when they would know of big
stocks on hand and more coming.
Then loo with big stocks of rice
we have big stocks of weevilS.
The warm weather has induced
them. In my opinion it is best to-
move some of last years crop as
quickly as possible"
Mr.. Frank Roberts, president
of the CalcaSieu National Bank
was called upon, and permit it to
be said, his cautions words were
listened TO with the keeneSt of in
tereSt and most profound atten-
ton. His most pertinent message,
I"Only them that has can lose"
was we'll illustrated by a trite
story about The Erishman and his
one shirt. Mr.. Roberts said that
he would have preferred not to
be called upon at this time as he
would like to make statements
(which he could not Conscientious
ily make. He did, however, lend a
note of encouragement to the far
mers who are dependent on the
banks policy for their future
support.
In the conclusion of the meet
ing a few pertinent questions put
by MesSrS. A.. R. McBurney, A. I.
Jones, w. F. Lovett and others,
were answered by MeSsrs. Eignus
and Roberts, and on motion OF
Mr.. Jones rising vote was taken
on the plans of sacrificing one
fourth of the crop now on hand to
an export deal, providing the plan
/, had the concurrent support of all
rice growing area in the three
states. About seventy-five voiced
in favor of the proposition and
none against.
/ 1t is not possible at this time to
say just what the meeting accom-
iplished, or. what may follow this
"breaking of the ice" but for
many it consolidated breaking OF
the news gently, and that point
lis best illustrated by another lit
tile story: Pat and Mike were lay
INC bricks ON a len story building.
mike fell to the ground and was
killed instantly, so Pat was choS-
en- to break the news gently" to
Mikes wife, Mrs. 0'colligan. APP
preaching Mixes late residence
Pat asked of the lady who met
him at the door: Are you the
widow O'looligan?'
81 am Mrs. 0'cooligan,' she re-
piled. "but not the widow O'cool-
! igan!" Said Pat; "How much will
YOU bet you are not the widow
IO'cooligan?"
Mr.. Rice Farmer, how much
viii you bel you are not in a devil
Of a fix?