davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal., 1921-08-28


by ranchmen who knew him and
who disbelieve the story that he
provoked the argument that ended
in his death.
District Attorney Luis Armijo is
investigating the case. Pennington
will have a preliminary next week
Bledsoe was shot several times
through the body, wound in the
heart beng fatal. Five chambers
of Pennington's revolver were
found fired.
Bledsoe was a cousin of Baylor
Leatherwood, who was convicted
in Mora county Of the murder of
Anselmo Garcia, and whose case
was reversed by the supreme court
recently.
Miss johnson made statement
to the district attorney covering
the general details leading up to
the shooting. She is reported 10
have told practically the same
story that Pennington did. She IS
said to have stated that she heard
the shots but did not see who did
the shooting nor what was taxing
place in the car Immediately prior
to the shooting.
Bledsoe's gun was found at his
room in a local hotel, virtually
substantiating the claim OF his
friends that, he was unarmed.
Pennington is being held in tht
county jail without bond pending
the preliminary hearing, which vii
probably be called on Wednesday
l. it is believed that an attempt VII
ibe made to hold him to the grant
Jury for manslaughter. There is
| theory that he drew his gun be
fore Bledsoe climbed into the ca
and that Bledsoe jumped into thu
automobile to take II away from
| him.
Pennington is said to have de
| Inied that he was engaged to MARI!
Miss Johnson. Friends here asser
that Miss johnson was previousl!
engaged to marry Bledsoe, but tina
she transferred her affections t
Pennington.
Albuquerque morning journal., 1921-08-28
HARDING ENDORSES
BOY SCOUTS DRFV {

New York, Aug. 27.--In express
ing regret today at being unable,
because of public business, to in
spect the boy scout encampment
in Interstate park. President Hard
ing sent to Chief Scout Executive
West a letter endorsing the mem-
bership drive now being conducted.
"The.. boy scout movement has
now been in progress so long,
said the president" that nobody at
all familiar with its results could
possibly doubt its excellent influ-
ence upon both the boys who con-
stitute the membership, and the
men who generously give OF their
time, efforts and means to- its
maintenance. 1t has. been espe-
cially gratifying TO me that this
movement has proved itself strong
enough to maintain enthusiasm
and effective work since the close.
Of the war and its present outlook
is 30 promising"
Albuquerque morning journal., 1921-08-28
TIRCl) De VARGAS
WAS KILLED WHILE
WORKING IN OFFICE

Santa Fe, Aug. 27.--Tircio de
Vargas, postmaster at Canjilon,
who was killed on the night of Au-
gust 20, was the victim of assassi-
nation. He was distributing mail
in the postoffice by the light of a
Kerosene lamp when a shot, ap-
parently from q revolver, was
fired through one of the windows.
The bullet struck him under the
right shoulder blade and passed
through the heart. De Vargas died
Instant.
Albuquerque morning journal., 1921-08-28
BUSINESS FIRMS OF
u. S. AND GERMANY
WILL RESUME TRADE

Berlin, Aug. 27 (by the Asso-
ciated Press. )--American and Ger
man business firms will resume
peace time relations Immediately
without waiting for ratification of
the treaty signed here on Thurs.
day, II is said in well informed in
dustrial circles of this city. 1t is
anticipated that commercial trea-
ties will be negotiated and that
consular services will be recon-
structed within brief period. The
establishment of credit loans and
preparations to ship into the
American market surplus prod ucts
@ Germany such as newsprint pa
per occupy the attention of indus
trial leaders : here. Satisfa ction
over the simplicity and straight
forwardness of the American trea-
ty is generally expressed in COM
mercial circles, where belief is ex-
pressed that the same "reasona BILE
ness" will characterize the United
States in later negotiations.
Germany had slight reason te
expect anything from America and
hence, we Jared better than we ex-
pected," declared a commercial
leader yesterday,
Albuquerque morning journal., 1921-08-28
ULSTER PROVOKED AT
PRESENT NEGOTIATIONS

Belfast, Aug. 27 (by the Asso-
ciated Press. 1.-The Royal Black
Institution. a branch of the Orange
Order, held demonstrations
throughout Ulster at which vigor-
GUS resolutions were adopted con-
cerning the present Irish negotia-
tions. That adopted at Ballymena.
county Antrim, Is a fair sample.
1t said:
1--WE look with shame upon the
humiliating sight of the British
prime minister grovelling in the
dust to rebels and assassins. We
congratulate Sir James Craig, (the
Ulster premier) for having refused
to confer withaa a man calling him.
self the president of the Irish re-
public. We tell him that on these
lines he has loyal Ulster at his
back. and that the day he deviates
from this he has ceased to repre-
sent the voice of Ulster"
Albuquerque morning journal., 1921-08-28

Los Angeles, Aug. 27.r-(Special)
THAT Madalynne Otenehaln, the
woman who divorced him that she
might marry another, with whose
murder she is now charged, and
that with her will be freed Arthur
Burch, the minister's son charged
with the same offense and like her
ow held in the Los Angeles Jail,
is the confident prediction of Ralph
Obenchain.
The young lawyer, whose con-
duct in rushing to the aid of his di-
vorced wife In her time of trouble
created nationwide surprise and
commentator, believes that he is
on the track of the real murderers
of j. Bolton Kennedy, and that
these murderers were not acting in
collusion with either his wife or
Burch.
Obenchain is busy-he has had
Albuquerque morning journal., 1921-08-28
GREAT BRITAIN CANNOT ALLOW
DIVISION OF united KINGDOM
SAYS PREMIER LLOYD GEORGE
"Severance Would Lead Ireland Itself to Civil
War;" He Declares; Claims Scotland and
Wales Have as Much Right to Separations;
Urges Prejudices be Laid Aside.
rpy THE ASSOCIATED PRESS,

Welsh or Scotch patriot would ever
dream of demanding separation.
.T believe that when the Irish
people realize the sense OF the
freedom which is theirs, that real
freedom is offered them, and that
all they are asked to do is to come
into the profoundest community OF
nations in the world as free men, l
believe you will find that gifted
people will realize that their desti-
nv is greater--a free people inside
a free federation of peoples"
In the course OF, his speech. Mr.
Lloyd George made several striking
utterances.
eve have all got prejudices," he
declared. "I have seen anti-Irisn
prejudices lashed into unwisdom
and l have seen anti-British preju-
dices on the other side lashed into
unwisdom. For Gods sake let us
clear aside prejudices. A nation
that lives on prejudices is doomed,
just like man who lives on
hatred.
"Whether 1t Is in public or in
private trust, no man can endure
who has a vendetta in business or
politics. and a nations vendettas
are Just the same. 1t is a sour
pastlirage of hatred. There is no
lnourishment, nothing but disap--
pointment, in 1t. Let us sweep It
on one side, whatever 1t cost. even
when there is reason In 1t. ] am
proud to think that Great Britain
| has risen above all its prejudices
and has given its prime minister q
fair chance to speak in the name OF
the people of Great Britain.
"If you had severance 1t would
lead in Ireland itself to the most
cruel and most terrible civil war
tIreland has ever seen, ana nelp
would be rushed from all sides and
ievery part of the world to assist
1.-THE parties who were fighting out
the battle. We could not witness
civil war of that kind at our Jwn
doors which would involve our
people throughout the empire and
other peoples as well.
/ II trust common sense will pre-
| vail and good counsel be needed.
Courage is of two qualities--the
higher part is the courage that
knows when to settle and face set
| element. There is the courage Of
a, man who faces his country's foes
to the death; there is the greater
courage Of man who. when he
sees the time has come for maxi
| ing honorable peace, faces his
friends 60 oblonuy. That is the
more difficult: that Is courage
: Continued on Page Two.)
Albuquerque morning journal., 1921-08-28


Las Vegas, N. M, Aug. al. f.
Bledsoe, ranchman aged about
IS years, was fatally shot early
this afternoon by T. P. Pennington,
81, assistant to DR.. w. T. Brown,
superintendent of the Valmora san
atorium at Valmora. The shooting
occurred in Penpington's automo-
bile as it stood near the corner OF
sixth street and Douglas avenue.
In q statement to the press, Pen
nington stated that Bledsoe came
UP to the car and ordered him to
leave it and accompany Bledsoe.
II knew he meant to beat
mo up,'' said Pennington, "as
he had threatened to do IL L
ever was seen again i'm the
company of Miss Josephine
~ Johnson; so 1 refused TO get
3 out. lie then climbed into the
car and began to beat me un-
mercifully.
III reached in my pocket
and got my revGlyer, ,38, and
shot several times. ! did so in
the belief that l was acting in
self-defense.
s'Miss johnson, who had ac-
companied me here from her
home in Shoemaker, got out OF
the machine at my suggestion
when 1t was seen there was to
he trouble"
Bledsoe died on the way to thu
hospital. He was unarmed, Off
GERS stated.
Pennington was arrested by OF
ficer Brit Bagley and made no re
sistance. His face and head are
mass of bruises from the beatint
he says Bledsoe gave him.
Miss johnson is a daughter O
]. e. johnson. a prominent merch
ant of Shoemaker. Pennington
Z was employed for several years b!
Armour & Co. in Chicago befor'
coming to Valmora some years ag'
for his health. Bledsoe was
ranchman and had extensive sheer
holdings. He is spoken of highl!
Albuquerque morning journal., 1921-08-28
THOMAS SMITH IS
FOURTH NOMINEE
FOR j. s. SENATE
Socialists File Name of Their
Candidate at Santa Fe;
Home Address Of Standard
Bearer Unknown.
ESPECIAL plsFArcH TO MORNING. I1uRHALJ

"ONINI'EU
Santa Fe, Aug, 27,-The fourth
candidate for United States sena-
tor was entered in the race today
when Thomas s. Smiths name was
filed at the secretary Of states Of
flee by the socialist party.
1t was not known where Mr..
Smith lived. The certificate stated
he was nominated by referendum
and also by convention held at
EStancia,
Albuquerque morning journal., 1921-08-28
SENATOR FRANCE
FAVORS OPENING
RUSSIAN TRADE
Declares There Is Little
Communism in RusSia;|
Says Russian Relations
Hold No Fear for England.

New York, Aug Ex-senator
France of Maryland, who returned
yesterday on the steamship Rotter-
dam, after visiting Russia, said he
was firmly convinced that this
country should open trade and Dip
lomatic relations with Russia.
He declared that there was lit
tie communism in Russia, the
constructive party Of which
Lenine is the head having forced
the abandonment of extreme Marx
ian theories and restored sound
capitalistic policies.
As to trade, the senator said the
United States should not be
alarmed over relationship which
obviously holds no sterrors for
Great Britain or Germany" *
Albuquerque morning journal., 1921-08-28
.RANCHMAN SHOT IN ROW
OVER ATTENTIONS PAID
SHOEMAKER YOUNG LAllE'
VALMORA MAN GIVES SELF W.
AFTER SENDING BULLET 30
HEART OF MAN WHO BEA1 him

j.. E. Bledsoe, Slain Man, Reported to Have
Climbed Into Automobile and Started to
Punish T. P. Pennington Severely; "Shot in
Self Defense" Is Pennington's Plea; Girl in
Case Was in Car With Pennington When
Shooting Occurred.
Albuquerque morning journal., 1921-08-28
RuBBER FIRM LOSES.

New York. Aug. 27.-The
operations of the United
States Rubber company for
the first half OF the year
showed a deficit Of s4.S75. 223
after all interest and other
charges had been deducted,
) according to a report issued
> by the company today,
Albuquerque morning journal., 1921-08-28
WEATHER
THE FORECAST.

THE FORECAST.
Denver, Colo, Aug. 27.--New
Mexico: Generally fair south,
showers north portion Sunday and
probably Monday. Little change
in temperature.
Arizona: Fair west and south,
showers northeast portion Sunday
and probably Monday; little change
In temperature.
Albuquerque morning journal., 1921-08-28

fspEC1AI. DISPATCH To MORNING JoURNAN
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05

1--WE advocate the purchase Of selected
stocks at prevailing prices. Donnel
& Co. Purchases should be confined to
railroad and industrial stocks whose
past records for stability invite conf
dence."--McConnell & Co. I'VE are Of
the opinion that q turn for the better
IS not far remote."--W. W. Cohen & Co.
IAN upturn appears justified for tech
meal II not for fundamental reasons
Morris g. Smith. "In our opinion the
stocks of we'll managed companies are
cheap."--W. J. Wollman e. Co. "In our
opinion the readjustment will shortly be
completed and a strong constructive Sc
curity market Quickened. "-Shonnard.
Mills & Co. I'VE still hold to the opin-
ion that good stocks are now cheap II
held for a reasonable time. "-Carpen-
der. Caffry & Co. 1.-THE market appears
to be controlled by professionals, with
lack Of public interest and the dividend
sickness offering opportunity for bear
raids."-J. S. Bache & Co. ut looks as
though we might enter upon the ex-
pected bull movement most any time.
A. J. Johnson & Co
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
CONSOLIDATED EXCHANGE.

Wide losses in industrials. induced by
exceptionally heavy liquidation in about
all groups of that division. were the
rule during the last half of last week $
Consolidated Stock Exchange trading.
That selling was based on higher money
rates posted on Thursday and continued
throughout the remainder Of the week.
The brunt Of the pressure was against
sugars. minor oils, marines and special
ties. declines in those groups averaging
to IL points. Rails and motors re-
Elected support, certain Issues OF those
groups netting moderate gains.
Cuba Cane Sugar preferred Yielded
14h to 29H, Cuba Cane common
4 to 13h, Remington SIS to 1888,
American Sugar Sss TO 1855, American
Beet Sugar AZ to 80, Punta Allegro
AK to 29H, Dawson Chemical 6b 70
80, Marine preferred 6A to 4S, Amer
lean International 5h to 40, Atlantic
Gulf IN to 371l, American Smelling
8ls to Al. Anaconda to 39& and Utah
Copper 37s to SIS.
United States Steel was offered down
az to s0M, Crucible 3B to 651b, Repub-
lie Ia to SO, Baldwin Locomotive Tex
dividend 3h) to 1914, Pan-American 1
to 64h. California Petroleum to a.,
Union Oil 2is to 90, Invincible ? u to
14K, General Asphalt ia 10 So, Indus
trial Alcohol "a 70 60M. and General
Motors to 10L. while Studebaker rose
1M to 72M, Chandler to 62A, Reading
IL TO 71ss, and Great Northern pre-
fcrred to esis.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
SHIP BUILDERS GIVE
AGWI EXTENSIONS
Stockholders TO Vote on Plans
Affecting S9,9O0,O0O obi
cations on June "a.

The Atlantic, Gulf and West Indies
Steamship Line has arranged with ship
builders. TO whom II is Indebted for con-
struction OF tankers to the amount OF
s12,400.0 900. to extend for varying periods
about 1900. 900 OF that amount. and a
special meeting of the Agwi's stock
holders has been called for June "a to
vote on proposals authorizing mortgages
and trust indentures TO carry out those
arrangements. That plan will place the
company in a much more comfortable
position. according TO the statement OF
Franklin d. Mooney, It's president the
balance OF the ship construction indebt-
edness being cared for temporarily by
bank loans
The proposals on which the stockhold-
ers will vote include three definite con-
veyances for n short term, and a fourth.
under which, II approved, later and more
permanent financing can be arranged.
The three conveyances explained In the
notice to the stockholders are as fol-
lows:
A mortgage on two OF the oil tankers
70 secure one year note OF approx
mately 100000 at not more than z
per cent. an equipment truet indenture
on two oil tankers TO be transferred TO
"A subsidiary company TO secure an issue
OF about s4,0O0,00o of one to three year
per cent. equipment trust certificates.
and a trust fhdenture Of mortgage OF
three oil tankers TO secure an issue OF
SO, 900. 900 OF ten year per cent. bonds.
The fourth proposal is TO authorize fur
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
FINANCIAL NEWS
AND COMMENT
Recoveries in Stock Market
Accompany Evening Up Of
Commitments.

Evening OF commitments yesterday
for over the week end. which included a
moderate amount of short covering, re-
suited In substantial recoyeries from
the days lows in several active issues.
The first hour was devoted to continue
ton of bearish tactics much in evidence
on Friday and particular weakness de-
veloped in all sugars except American
Beet Sugar and American Sugar. Ameri-
can International and General Asphalt
On the other hand, active stocks, as
Locomotives, American Wooden. Chand-
Ter. Crucible and Mexican Petroleum.
advanced substantially above the days
lows An outstanding feature was the
sharp rise in Louisville and Nashville
and Atlantic Coast Line, in which spe-
cial but unknown developments were
pending. Rails, as a whole, were steady,
as were steels. On the whole there was
slightly improved tone at the close.
although the list presented a highly
irregular appearance.
Foreign exchange was featured by a
further drop in sterling to a point close
to $3S5, and that decline affected other
European currency rates in favor of the
dollar. Francs sold down to S.21 n
cents. Transactions In exchange were
not large, but there was reported to be a
considerable amount OF undigested ster-
ling exchange in this market and being
shifted gradually into futures.
July cotton sold Off "a points on the
British cotton mill troubles. July wheat
lost another 8 cents. There were no
particular news developments to Affect
the markets more than moderately. al
though short covering was induced by
indications that over the week end there
might be some constructive news from
the strike of British miners and looking
toward its settlement.
A few weeks ago very large shifting
of demand deposits into time deposits
was noted. and this weeks bank state
ment records a shift back again, de-
mand deposits rising sS1. $4,000 and
time deposits shrinking s9s.2s3, 900. No
adequate explanation was found for
either movement Surplus reserve
gained s13.293.36o and stands at $685.
O94,59O.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
The walters Roads.

The sudden upturn In the stocks OF
railroads whose destinies are guided by
Henry Walters gave rise TO rumor of an
impending merger and vague reports OF
important developments when the direc-
tors Of the companies meet late in this
month. In yesterdays narrow market
Louisville and Nashville advanced 4B
points to 109%, while the stock Of Its
parent company. the Atlantic Coast
Line, closed at 50. a gain of points for
the day. Rated among the more strong
ly entrenched dividend paying rails.
those stocks have not been included with
other issues concerning which con5ec-
lures of reduction in the rates Of dis
bursement have been made. Their d.
rectors are expected to consider their
regular semi-annual dividends OF the
companies In their June meeting.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
LOOK OUT FOR FAKE $40 NOTES.

The local Reserve bank has sent
broadcast a warning OF two new coun-
terfeit $40 Reserve notes Tho FIRST Is
drawn on tho Reserve Bank Of New York
and the second on the ono in Chicago.
The New York counterfeit IL printed
from crudely etched plates on two pieces
OF paper with some heavy silk threads
distributed between. The other is print
cd from photoetohed plates on two pieces
Of paper between which ink lines have
been used TO initiate silk FIBRE
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
NEW SECURITIES HOUSE.

new firm to deal in securities and
headed by II. II. Johnson. son OF the late
president of the Norfolk and Western
Company. Is 10 be Incorporated
TO do an investment business with n
OF 500. 900. The firm VIII
be n correspondent for Cassatt & Co.
members OF the New York and the Phil
adelphia stock exchanges. and VIII have
offices In the Times Building.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
Failures of the Week.

Failures reported during the last week
to r. G.. Dun & Co. were only 264. COW
ering but I'VE days because OF a holiday.
against 33e for the six day period pre-
ceding and with 315 fortnight earlier.
In the corresponding 1920 week. when
there were also only five Spsiness days.
defaults aggregated 101. or the fall
ures Of last week 141 represent liabili-
ties Of $4,000 or more. which Is 53.& per
cent. of the total.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
Northwe.tern'. Operating Ratio.

The operating ratio of the Chicago
and Northwestern Railroad in May is
estimated at 100. If the IL per cent.
wage reduction recently authorized by
the Railroad Labor Board had been in
effect the operating expenses would have
taken up 81 per cent. of the carriers
gross revenues. A railroads average
operating ratio should not exceed 10,
according to an officer of the company,
in order to pay taxes. fixed charges and
a ga per cent. return on the property
investment.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
Applications TO List.

Applications have beer made to the
New York Stock Exchange for pernSs-
sion to list the following securities
100000 of the additional common
stock of tho Montana Power Company.
s10,000,o00 of the per cent cumulative
preferred stock Of the Fisher Body Ohio
Company and $1.5s9,27o Of the capital
stock Of the Art Metals Construction
Company.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
Lee Tires Business.

The Lee Tire and Rubber Company
had net sales during the first four
months Of this year of s2,137,00o. which
amounts to approximately az per cent.
of those for the corresponding 1920
period. The number Of castings sold dur
ing April was 34,333. the largest in any
month IN the companys history. The
company's present daily production Is in
excess OF 100 castings.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
TOPICS OF WALL STREET.
ana Arizona Dividend.

The directors OF the Calumet and Ari-
zona Mining Company have postponed
indefinitely action on its current quar-
terly dividend owing to lack OF a
quorum at its regular meeting. Three
months ago the company reduced its
dividend from 81 to so cents quarterly.
It's properties are closed down and only
development work is being carried on In
Them.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
Zine Exports I'm April.

Total exports OF zinc FROM the United
States during April were 504.520 pounds,
valued at s59,3s6. according TO Wash
ington advices, against 345,971, worth
s60.246, in March. and 32.9s2.e56. val
ued at s2.971.os5, In April, 1920 OF
the exports OF zinc during April. 264.320
went to Japan and 1925 to Canada.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05

The commencement exercises Of The 4scw
York Chapter. American Institute OF Bank
ing the educational section OF the American
Bankers Association, VIII be held on Thurs
day evening In Aeolian Hall. Prof J. Dun
can spaeth. head % the department OF Eng
address on America and Europe" Organ
selections will be given by Miss Maud A.
Thompson and choral selections By the New
yorS pent CLERKS oiee Ctwo.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
More Gold for Kuhn, Loeb q Co.

Another shipment of 100000 in solt
consigned to Kuhn. Loeb & Co. 10 on 4,
way to this country aboard tho Aqui-
tania.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05

Their indentures to provide for funding
or refunding for a longer period tho
obligations of the company and furnish
additional funds for corporation pur-
poses,
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05
LONDON MONEY MARKET.

LONDON, June 4.-Bar gold, loss. /,
money, AS per cent. Discount rates !:
Short bills, 51a per cent, three months
bills, ~ as ole per cent
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-06-05

Louis y Wade OF tho firm ~ Wade. Tenn
pieton & Co sailed yesterday on tho Olympic
fer nm extended trip IN England France.
Belgium and Holland 20 make n survey or
financial conditions IN those countries.