davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-05-25
FEDERAL LIVE STOCK CORP.

FEDERAL LIVE STOCK CORP.
n. b. H.. Fffteeath street-I am
thinking OF buying some stock In
the Federal Live stock Corpora
ton. Their office is at 305 Broad
way, New York city. They are
selling shares at 81 per share.
Do you think that this is a good
investment and do you consider
the company reliable?
Would appreciate very much II
you would let me know the above
information by mail as soon a.
possible As / will not buy until ]
receive your opinion.
Asswer-Without casting any re-
Election upon the stock you ask
about in your inquiry Of recent date
we should say 1t does not invite the
favorable consideration Of a critical
Investor.
We should not call II . standard
Investment and therefore not COM
parable. In our opinion. with the
best railroad and Industrial bonds
or with good preferred industrials.
Before giving further considera.
tion to II we suggest In all kind.
ness that you write to any of the
New York Stock Exchange houses
Advertising In The Washington
Times and ask for lists Of current
investment offerings. You will then
see for yourself the advantage OF
investing in a standard security that
offers always quick market ability
a stock or bond that has demon
strated down through the years ita
good quality.
The Washington times., 1921-05-25
WORKERS GET EQUAL
REPRESENTATION

CHICAGO, May 24.-k plan
to give employees of Swift &
Co., packers, a voice in the
solution OF problems OF plant
operation was announced by the
company today.
The plan provides an assem-
bly, in which both sides are
equally represented. A two
thirds vote in the assembly on
matters OF wages. hours. safe
ty. sanitation and similar sub
jects will be binding upon both
company and employees. but with
fourteen days.
The Washington times., 1921-05-25
Wall Street GOSSIP

tigher prices ruling for hides And
skins.
How long this improvement will
last is problematical, but that set
backs will be evidenced from time to
time looks certain. In the mean
time, a conservative management is
the best asset any leather company
could have.
The Washington times., 1921-05-25
WIRELESS TO DEFEAT
ISOLATION BY STORMS

CHEYENNE. Wyo.. May 15.-Twen-
ueth century science soon will be
brought into play to bring Jackson
Hole, wyoming, famous for its iso-
lstion, in touch with the outside
world. Announcement has been made
by the telephone company that wire
less telephone OUTFITS will be installed
at Jackson's Hole and other Wyoming &
towns near there that during the long
winter months are now completely cut
or from communication by the
storms that demoralize the telephone
,ystem.
The Washington times., 1921-05-25
Law School Finals.

The Rev. DR.. William S. Abernethy. Of
the Calvary Baptist Church. will de-
liver the baccalaurcate sermon to the
graduates of the Washington College
OF Law next Sunday night at s o'clock
at the Calvary Baptist Church. The
sermon will mark the beginning 81
the commencement exercises for the
college.
DR.. Abernethy came to Washington
from Kansas city. Mo. three weeks
ago
The Washington times., 1921-05-25
BURLINGTON CONVERTS.
ASK CUT IN FREIGHT
RATES FOR CALF. FRUIT

Congressman from eastern stateA
led by Congressman Siegel OF New
York. Joined today with Pacifc Coast
representatives in an appeal to the
Interstate Commerce Commission for
lower transcontinental freight rates.
Immediate action is asked, that the
eastern states may not be deprived OF
California fruits during the summer
days.
The Washington times., 1921-05-25
COOL BANDITS ROB BANK
IN DAYTIME AND ESCAPE

NEWCASTLE, Pa, May 25.-Five
unmasked bandits drove up to the
Union National Bank here yesterday.
and four went inside while the NTH
remained on guard outside. The four
men grabbed . bag OF money from
the counter and then escaped in An
automobile. The amount of loot 10
yet unknown.
A policeman was chased into .
butcher shop by the guard outside
The Washington times., 1921-05-25
BUSINESS AND FINANCE
Investors Service


service without and sn
vestor rvi Muny D.
The Washington times., 1921-05-25
INNTERNATIONAL HARVESTER
BULSINESs.

Having been misled in regard to
one so-called first line investment"
traders Immediately recalled the re-
ports concerning the falling OF In
international Harvester's business
and began selling the stock. Once
bit. twice shy"
The Washington times., 1921-05-25

In using the barometer. VIC should
notice whether II he greatly above ~
below the mean height and the rapid
ity of its rise or fall
The Washington times., 1921-05-25

skeletons and cremsted ashes u
human beings buried about 1000 b q.
have been found in England
The Washington times., 1921-05-25
CENTRAL LEATHER PREFERRED

CENTRAL LEATHER PREFERRED.
NEW YORK. May 25.-Due to the
influence OF those concerned and
propag ganda emanating from a prom
inent Stock Exchange house, only a
few traders expected the Central
Leather preferred dividend to be
passed.
Therefore. when the directors took
the only conservative action possi-
BILE by deferring the dividend, the
effect on the market was disastrous.
Many innocent lambs were sheared.
This is the sort Of thing that tends
to ruin confidence on the part of the
public in the market The house re-
sponsible for the continued reports
that the regular payment would be
made now, states il received it's in
formation from a bank located quite
close to the Clearing House.
As recently as Monday the house
put out q wire. which was spread
broadcast throughout the country.
that the dividend would surely be
paid.
INVENTORY CAUSED TROUBLE.
As pointed out in this column over
and over again. the Central Leather
statement for 1920 and the report
for the frst quarter of this year made
it more than apparent that the only
to defer the dividend.
Every time 1t was so stated refuta-
tions were imm diately issued by GER
tain people interested in the stock
The issue has. until recently, been
listed by many brokerage houses as
frst-class industrial investment,
and Il was this fact that caused the
repeated warnings that no longer
could the stock be regarded as such.
Not until Central Leather works
down its inventory to at least $40.-
600 600 can the stock again be placed
in its former position. A company
ca n 20 along only for a certain length
Of time accommodating goods at low
prices with the intention Of reaping
or enormous pront before meeting
disaster.
During the war and the subsequent
irfiation period, when. the public
bought extrsvagantly at any price,
Central Leather reaped enormous
pronts, but subsequently lost every
thing in one year OF dehation-due
mostly to it's enormous holdings of
goods accumulated At what was
thought to be low prices.
THE LEATHER STOCKS.
Despite the better reports received
recently concerning conditions in the
leather industry, all the leather stocks
vere Influenced by the break in Cen
trail Leather.
II those interested in refuting the
warning that it's preferred dividend
ould probably be passed had ac-
cepted the inevitable and warned GUS
toners that the payment might be
rassed, the directors action would
have been largely discounted and the
leather stocks all would have been in
a better position to meet the selling
hat developed.
Their position would have been
Strengthened by the slight improve
ment in the leather trade and the
The Washington times., 1921-05-25
THAT IMPORTANT LOAN.


A good part Of financial converse
600. 900 French loan and just what it
portends.
without doubt II Is important
from q French standpoint. at least.
1t may possibly help our trade with
France.
What traders expect and most
strongly desire is that IL will mean
a rally in the market. Prices were
fairly steady until the Central
Leather bombshell exploded.
All the efforts Of the past week
TO spread optimism were frustrated
in a few minutes. and now the
bankers will have to make styen-
uous efforts to offset the damage
done.
The French loan. according to the
best opinion, cannot be floated in
the face of a declining stock market
Financiers are not ignorant of the
fact that there are many domestic
investments showing just as good
yield and ample safety.
Under these conditions, improve
ment in sentiment and a strong Sc
curity kmarket are regarded as Alb
solutely essential to the success OF
this latest foreign offering.
REMINGTON FAMILY TROUBLES
Accompanying the passing Of the
Remington dividends come reports
that the insiders are involved In .
squabble that will probably result In
several designations unless straight
ened out soon.
The differences have existed for
some time, according to rumor. and
the questions involved are understood
to be of great interest to share
holders.
BURLINGTON CONVERTS.
In subscribing to the recent offer
ing OF $3.50 900 900 Northern Pacific-
Great Northern 81 per cent bonds
purchasers had the privilege Of con-
verting their bonds into Northern Pa
cific 6's or Great Northern rs.
Since the sale IL Is learned that
holders of $s.O0O.OoO Burlington joint
6h's have converted into Northern
Pacific 6's and S1O2 OOo. 900 into Great
Northern rs There are S120. .OOO. 900
of the Burlington joint 6h's uncoe-
verted
The Washington times., 1921-05-25
sTRAUs BONDS

ID. n. W., Twenty-Ar~t street,
am interested in the bonds offered
The Washington herald., 1921-02-18
GARRETT SCORES
WAR PROBE And
DEFENDS DAWES
Democrats and G. o. p
Revive Testimony of
"Cussin'" General.

Democrats and Republicans fought
the war over again in the House
yesterday and debated the recent
celebrated "cussin' appearance" Of
Gen. Charles c. Dawes, Chicago
banker and A. Z. F. supply chief in
France. before the war expenditures
investigating committee.
Representative Garrett, Democrat
of Tennessee, defended Dawes and
demanded proof OF the assertion
made yesterday by Representative
Graham, Republican. of Illinois, that
wartime thieves and grafters are
going unwhipped of Justice and pill
laying the public treasury
Garrett declared no war was ever
so free of graft and that, while there
was waste and extravaganza, no
dishonesty has been found, although
the committee has spent a year and
a half and $4,000 investigating.
Graham told the House, in reply,
that Garrett had not disproved any
statements of fact Graham made
yesterday. He repeated that the in
vestigating committee had made re-
ports of petty thievery in camps
and cantonments and other charges
OF Withholding surplus army sup
plies from markets, OF fraudulent
claims and Of wasting property.
The Washington herald., 1921-02-18
REVIEWS EFFORT
FOR NOLAN BILL
Senator Norris Urges Adop-
ton of Measure to Raise
Wages.

Senator Norris. Of Nebraska, made
an effort yesterday to fix a date for
the final vote on the Nolan bill,
granting salary increases and ad-
ditional personnel to the Patent
ONCE.
He asked that o'clock Monday
be fixed as the time, declaring the
measure had passed through its
many stages, received the most
thorough consideration and had
been pending more than a year. If
the bill is not passed within the
brief time before March 1t will
die with the present Congress and
the work that has cost the gov
eminent so much time and money
will have to be done all over
again.
The conferees have reported the
bill and nothing is needed now, he
said, but concurrence and adoption
when it can take it's course to the
White House and receive the Presi-
dents signature, which it is
thought will be given.
The Washington herald., 1921-02-18
SENATE APPROVES
DC. MONEY BILL
Measure Carrying Twenty-Five
Millions Goes to
President

The Senate agreed yesterday to
the conference report on the Dis
trict appropriations bill, and the
measure goes to the President carry
ing close to s22,OOO,OOO for the fiscal
year beginning July l, 1921.
Janitors of the smaller schools,
who obtained increases of $50 each
per month when the bill passed the
Senate. lost their increases and the
provision for an assistant superin-
tendent of schools has been stricken
out by the conferees. No provision
for immediate school building was
provided. In its adoption of the
conference report the House restor-
ed to S35, 900 the amount allowed
for community centers, which the
Senate had cut to Sic 900, making
the whole sum payable by the Dis
trict instead of 40 per cent by the
Federal government. The Senate
amendment allowing 15-day leave of
absence to temporary employees was
slightly amended by the House.
Senator Curtis explained in ask
ing for agreement to the report,
that schools had been given all ask
ed for in the regular appropriations.
Senator Harrison. of Mississippi,
asked il the Board of Education
committee had supplied the Senators
with information gathered in a spe-
cial investigation of the needs of
the schools for more space. and was
told that no information was fur
nished by this committee. The Sem
ate conferees and the House con-
ferees both rece0ed from many
amendments which were sent to the
conference. it was explained by SEN
ator Curtis, who had charge of the
hill
The Washington herald., 1921-02-18
EXPECT VETO
OF TARIFF BILL

Both Senate and House yesterday
were expected to name conference
committees which will attempt to
adjust differences of the two Iegis-
lative branches over the emergency
tariff bill in time to send it to Presi-
dent Wilson before March 4.
The tarif measure passed the
Senate late Wednesday after nu-
merous amendments had been added
to il. The House passed II some
time ago.
While final passage of the meas
ure through Congress is admitted, a
Presidential veto is regarded as a
certainty Yesterdays Senate vote,
which stood 4S to 40. showed that
there is not sufficient strength back
Of the bill to pass it over the veto.
The Washington herald., 1921-02-18
Receiver Goes to Court
For Unpaid Contractors

William H. Medford, receiver for
the Dawson Construction Company
with regard to the contract of the
latter to erect certain hospital build
ings on the naval hospital reserva-
ton at Portsmouth, Va, asked per-
mission of the District Supreme
Court yesterday to settle with the
subcontractors on the job who are
now claiming a sum of more than
$l26,650 to stave of ruin.
Medford was appointed receiver
on May 3, 1919, after certain bond
ing companies had complained to
the court that the construction com
pany was about to abandon the
work.
The original contract called for
the payment to the construction
company of Ss7S,353, but was after
ward increased to S1.O3S,3s2.34. Only
SS53.345.S2 has been paid by the
Navy Department, the receiver de-
clared,
The Washington herald., 1921-02-18
MILLER INFORMS CONGRESS
JAPAN PREPARES FOR WAR
AGAINST UNGUARDED COAST

Japan is preparing for war with
the United States as fast as it can.
and the Pacific seaboard, exposed,
unprotected, invites attack, the
House was warned by Representa-
tive John F. Miller, Republican, of
washington, yesterday.
Every day of the world We hear
the rattle OF the saber from across
the Pacific" Representative Miller
declared. The rattle is louder on
the Coast than IT is here, for we
are 5000 miles nearer the Empire
of the Rising Sun.
I'VE read and hear that there
shall be no movement toward dis
armament until Japan has complet-
ed her eight battleship-eight battle
cruiser program.
1T should take no sage to in
terpret what this means.
There will be no war with Japan
unless she makes it, but it might
just as well be understood now
that our Pacific Coast States will
The Washington herald., 1921-02-18
What Congress Did Yesterday

HOUSE.
Met at II N, m. and adionr,sa
nj 4.4e d. I'M. until m ma tod.,
Passed fortineat,onx nppropria-
tIons bill carrying npproxlmateI,
A.. 600. geo,
Refused to send emergency tariff
bIII to conference nv objee,ion rails
ed by Representative Tre,d,.y. re-
publican, of Massaehusetts,
r..
1ohh hh, hammond told the
Foreign Ahsrs committee that
hcre arc hopes tsht RUSSIA VIII
The Washington herald., 1921-02-18
SENATE.


Called 10 order Mt II o'clock and
recessed at 5t35 o'clock until II to-
day.
Conference report en- cold storage
bill, prohibiting storage OF more
than year, agreed 10.
District approprfation bill agreed
to with House amendments, and
goes to President
Deficiency appropriations bill
carrying s2TS,s1s,s7s, representing
an increase OF 73g3s3,2o2 over
amount passed by House, and sI61,-
900 for District reported.
Resolution by Senator Calder
asking State Department inquiry
concerning a reported pool in Cuban
sugar, adopted
senator Harrison, OF Mississippi,
threatens Hlibuster against appro-
pristIons bills because Of delay Of
immigration bill.
senator Gay. of Georgia, aIed
minority report ON Calder bill for
regulation OF coal industry, oppos-
ing Interference.
Creation of n bureau of aeronau-
tics in the Navy Department, with
full powers to develop nyIatioB,-yvas
proposed i'm an amendment to the
naval appropriation bill by SEN
stOr keyes. of New Hampshire.
Consideration Of postonee sppro-
Priations bill begun, 500, 1000, 900
Federal road aid item causing con-
troyersy.
bills and Resolutions.
Norris Nebrnska--ResoIutIo au-
thorixinE the printing of the report
of the Federal Water Power Com
mission ON development of the ky-
dro-eIectric power ON tke Potomac
River.
johnson, CaIifornIa-BnI to In
| crease the pensions of Helen +.
| Lasher and Sarah T. HoIton.
Kenyon, Iowa-JoInt resolution
asking 100000 appropriations for
conveyance Of relief supplies to
Chinese famine sunererx-
Reyes. New Observation-Disclosures
mept TO naval appropriations bill
to create a bureau Of aeronautics.
johnson, CaIifornIs-Amend men I
| to agricultural appropriations bill
providing $4,000 for a forest eE-
pertinent station in cooperation
with the University of California
also amendment apPropriatins
$4,000 for Investigating the stan
dardiEation of measures Off pre-
serving Pscike Coast fisheries.
Laid Before senate.
Commu nicntion from the Secre-
tary of War reporting as to quar-
termaster stores, property md ma
terials of Ron-mIlItnry character
underwear Department control
Supplementary estimate of th'
Secretary of Interior of $4,000
fos printing.
Supplementary estimate of Post
master General of SeO0,0 fol-
printing and binding
Estimate of 1914 by Secretary OF
Treasury of Arthur P. Carson
cashier In the War Risk Insdranc,
Bureau.
Announcement by Vice PreslJen
Of signing of enrolled bills.
Message from House announcing
passage of bill to declare Bayou
COcOdrie, Georgia, nOn-nnviEnble Il
Bayou ChicOtI also announcing re-
turn of bill to amend act further
providing for civil government IN
Alaska.
Petitions Presented.
Walsh, Massaehusetts-JoIn res.
OIutIoR of Massacsusetts leEislatur,
to provide for gathering and dis
semInstinx facts and to regulate
production, sorting snd shipping o.
coal.
The Washington herald., 1921-02-18
May Probe Escape.

There may be an investigation of
the escape of Grover Bergdoll. slack
er. of Philadelphia, according to
Representative Philip, P. Campbell.
of Kansas, chairman Of the House
Rules Committee. Representa- i've
Julius Kahn, Of California, chair
man of the House Military Affairs
Committee, and chief sponsor Of the
proposed investigation, has not Civ
en- up hope as yet.
The Washington herald., 1921-02-18
HENDRICKS PAY FROM BILL
CITY TO ACQUIRE
PARK AS MANS GIFT

CHARLOTTESVILLE, Va Feb. II.
Paul Goodloe MoIntire, OF New
York and Charlottesville, has se-
quired the Belmont Park site and
after needed improvements hsye
been made, will turn same over-to
the city for a public playground for
children.
The park, which Is ten blocks
from from the center OF the busi-
ness district, is ideally located for
a playground. being on an elevation
facing Moore's Greek and the beau
tiful Southwest Mountains, ending
in Monticello, the home OF Jefferson.
The Washington herald., 1921-02-18

not and shall not become an 'un-
redeemed Japan
Japan need have no fear OF ag-
erosion from us, We are not colo
nizjng her soil, but her subjects
are colonizing ours. We shall re-
serve unto ourselves. At whatever
cost the<right to say who. when.
where and how the alien shall come
to us and settle among US. This
is the sovereign right OF an in
dependent nation"
To meet this specter, Miller urged
that immediate provision be made
by Congress for adequate fortif-
cations to defend Los Angeles, San
Francisco and Seattle.
The Washington herald., 1921-02-18
lands INQUIRY
STARTS TUESDAY

The first bearing on the impesch-
ment proceedings started against
Judge x. NJ. Lands by Representa-
tive WeIty. of Ohio, will be held
by the Judiciary Committee next
Tuesday. Chairman Volstead said
yesterday.
Welty will appear before the COM
Eittee at that time. At present he is
the only witness scheduled TO tes-
tify.
Volstead Indicated that his COM
mittee would report on the validity
Of Welty's charges as a basis for
impeachment before the end of the
present Congress.
The Washington herald., 1921-02-18
House Passes Bill
For Notifications

The House yesterday passed the
Notifications appropriation bill car
rying $S,05S.O17.
Representative Mondell. of WyOm-
ing. Republican floor leader, said
the House has passed the last ap-
preparation bill earlier than any
House in twenty-five years"
The Washington herald., 1921-02-18
Charges Ineffective
Quarantine at Ports

Complaint of the "disgracefully in
effective quarantine conditions which
permits vermin-infested aliens to
be admitted at New York and Bos-
ton" was made in kilograms from
Royal S. Copeland, New York health
commissioner, read in the House
Yesterday by Representative John
son, Washington, chairman of the
House immigration Committee.
johnson declared that since the
typhus scare New York health Of
ficials have tried to pass the buck
to the United States Public Health
Service"
The Washington herald., 1921-02-18
Calder Asks Probe
OF Pool on Sugar

Inquiry concerning a reported pool
in Cuban sugar, between the Cuban
government and American sugar in
terests or the Cuban government and
the United States government was
directed to the State Department
yesterday in a resolution by Senator
Calder. New York, which the Senate
adopted.
Calder said he wanted to find out
whether a commission had been ap-
pointed to control theJ Cuban crop
Of 1921.
The Washington herald., 1921-02-18
Admits GiLLen Asked
For Abadie Release

Admission that Martin ]. Gillen,
while his assistant. had suggested
that he ask for the resignation of
Col. Abadie, as comptroller of the
Shipping Board, was made by Ad-
miral Benson, chairman of the board,
testifying before the Walsh inves-
tigating committee last night.
Mr.. Gillen had also recommended
Col. Abadie's successor, Mr.. Twee-
dale, Admiral Benson stated.
The Washington herald., 1921-02-18
Freed of Buying Stolen Goods

Diocletian G. Barnett, employed
in a poolroom on upper Seventh
street northwest, was acquitted
yesterday, by a jury in Criminal
Court No.'2 of a charge OF receiv-
ing stolen property. Barnett was
ehaged with wilIfully and know
ingly buying from Earle williams
10000 cigarettes valued at 1 cent
each, alleged to have been stolen.
The Washington herald., 1921-02-18
New Air Line.

An amendment to the pOstofiice
appropriation bill. providing $1,000
900 for the airplane mail service
between New York and San Fran
cisco via Chicago and Omaha, was
adopted in the Senate yesterday.
The Washington herald., 1921-02-18
Attack Coal Bill.

The Calder bill for government
regulation of the coal business was
assailed as the entering wedge in
a general program of government
interference with business, by SEN
ator Gay, Democrat, Louisiana, in
a minority report from the Senate
Reconstruction Committee.
The Washington herald., 1921-02-18
Block Loan Inquiry.

Passage of a resolution calling on
the Secretary of the Treasury to
submit to the House all papers con-
corning a loan of the War Finance
Corporation to the Brooklyn Rapid
Transit Company was blocked in
the House yesterday by Representa-
tive Garrett, of Tennessee.
The Washington herald., 1921-02-18
Siamese Legation Plaintiff.

The Siamese Legation filed suit
yesterday in the District Supreme
Court to recover $4,000 damages
from Helen H. Riley for alleged
damages to its automobile in a col
Iision at Florida and Connecticut
avenues northwest on January Il
fast The petition was filed by At
rorney James A. Davis on behalf of
the kingdom of Siam.
The Washington herald., 1921-02-18
Chnrhnrne Nominated.

The nomination Of John II. Sher- |
burne, Of Massachusetts,. to be
brigadier general In the onicers
reserve Corps was seEt 20 the SEN
- yesterday by the President.