davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-03-30
Market Higher
After. Reaction
Earlier In Dav
Advance In Dividend Rate
of American Telephone
One of Factors; Rail-
Shares Show Firmness

In the stock market, conflicting
speculative forces were again opera
tive, but by midday those making for
higher prices definitely assumed the
ascendancy. Average prices Of both
railroad and industrial stocks were
higher at the close. despite profit TAX
ing IN the last few minutes Of trading.
Inc movement of prices was in a
large measure induced by internal In
huences. There had been selling of
varying degrees since the rise of
nearly q fortnight eliminated In the
busiest day. In the year last Wednes-
day, and the decline on Monday, in
the opinion of traders, was sufficient
to improve the technical position of
the market, which had during the rally
been weakened by the reduction of the
short interest. Professional specula-
tors, after the recession yesterday
morning in the first hour, bought
stocks on the assumption that the
technical reaction had gone far enough
Ihat was the negative reason. The
positive motive was the expectation of
further spring rise.
The impulses making for hirher
quotations were strengthened bv the
unexpected announcement of the di-
rectors of the American Telephone and
Telegraph Company that they had
changed the stock from an to a 9
per cent dividend basis. The action
was one of the most surprising events
that ever took place in Wall Street,
and unpreparedness Of SPECTATORS was
revealed in an S3a point rise in the
stock. The expediency of a dividend
increase at time when subsidiary
corporations are in quest Of higher
rates was widely questioned. The
president explained that the objective
was to bring the stock to a premium
IN the present period Of high money
finance it's development by the sale OF
stock, instead Of increasing its debt.
The stock Is the most widely held
Of any of the industrial companies
and ordinarily huctuates narrowly
Evidently there was short interest
which was run in with conspicuous
discomfort.
In the afternoon, the railroad stocks
were firm, as traders took an opti.
mistic view of the report that Presi.
dent Harding was discussing the trans.
portation problem at Cabinet meet.
ing, and that he was of the opinion
that the question must be taken up BY
Cangress soon after it convenes ir
| opSClal oSSSlou Ou April IL.
The trend of quotations was little
affected by the announcement that the
four porphyries companies and Ana.
conda had Joined those companies
which already had shut down. A trade
authority placed the copper surplus al
90o,000,000 pounds, compared with
soo,ooo,ooo earlier in the year. Evi.
IDENTIFY, the mentors Of the industry
perceive no gains in producing that
| for which there Is no effective de.
mand. Diminished production will
make for a reduction of this surplus
but watchful waiting is not a very
profitable state for an industry to be
in. a
Foreign exchanges were firm, but
quiet yesterday. Grain prices were
higher on reports of damage to the
crops, but, when these were denied
there was sharp reaction. Price:
sagged slightly lower in the cottor
market.
New-York tribune., 1921-03-30
California Petroleum

California Petroleum's annual report
showing more than $40 share earned
for the common stock in 1920 led to a
revival Of reports yesterday that the
company may soon begin the payment
of dividends on the common stock. In
fact, disappointment was expressed in
some quarters that no mention Of pos
sible dividend action on the junior
shares was made in the report. The
company has entered into o contract
for period Of three years at a fixed
price in excess of the current market
for all the oil produced by 1t and its
subsidiaries not under contract with
the Independent Oil Producers Agency
up to maximum quantity Of 9,2s5, 900
barrels for any one year. 1t Is said
that this quantity is much greater than
the oil now produced by the company
Independent of the agency commit
ments.
New-York tribune., 1921-03-30
Chicago, Burlington & Quincy

approximately $5O,000,O00 Of the
S215, 100000 Of Great Northern-North-
ern Pacific joint 4 per cent Burlington
collateral bonds maturing next July are
said to be held by individuals who
bought them as a short-term invest
ment and who will turn them in fol
payment on maturity, instead Of max
ing an exchange for the new refundine
bonds. This, it was said in investment
circles yesterday, would tend to make
these holders to exchange. Estimates
of the total amount of the joint 4s that
will be turned in for exchange vary
widely, one figure placing the amount
at in excess of S75,0o0,0oO and another
at less than $50OO0,00
New-York tribune., 1921-03-30
Canadian Pacific Financing

F.. W. Beatty, president Of the Cana
dian Pacific, makes reference to possible
new financing plans In the company's 9
pamphlet report for 1920, which was
made public yesterday. Mr.. Beatty
points out that while capital expendi-
lures for the immediate future will be
curtailed, the directors deem 1t advisa-
BILE that portion of the cash reserves
expended on capital account be restored
within short time. In order to extend
the company's powers to issue forms of
securities other than those it Is already
empowered to issue, application has
been made to amend the charter to per-
nit the issuance. Of bonds. debentures
or other securities. collateral to or in
lieu of any consolidated debenture stock
which the company is or may hereafter
be empowered to issue" The report
pointed out that during 1920 $32, 900 900
consolidated per cent debenture stock
was returned to the company by the
British Treasury. Of the total of S4o,-
100000 deposited with the Treasury in
1917, $S,000,000 was retained in accord
ance with arrangements made at the
time of deposit. Besides the $4,000 900
debenture stock now available for sale
the company has authority to issue $685.
100000 more, or a total of $6S, ,000. 900.
Canadian PaciHc's income account for
1920 already has been published.
New-York tribune., 1921-03-30
Goodyear Tire

me plan Of reorganization Of the
Ioodyear Tire and Rubber Companv
nas been approved by a large percent.
age OF the creditors, it was learn.d
yesterday, and it is expected that the
;n a;srsement ts Will be declared operative
ars 40 sne near future. Investment bank
wa aru Already beginning to talk about
u.ueiw lung the new security issues
proposed under the program Of re-
New-York tribune., 1921-03-30
THE AMERICAS

ARGENTINA (par 4244 cents 4 paper peso,
Demand .......33.S75 S4.0o 1915
Gables .........34125 s4l25 1925
BRAZIL (par 32.45 cents \ paper nilreis,
Demand .......14S75 14875 ga a7S
Gables .........15.o0 1900 $500
PERU (par $4.ss pound)
Checks ........ 3.82 3.s2 4.7o
ECUADOR (par 1850 cents a sucre)
Checks ........ $40 $40
CHILE (par se.5 cents q peso)
Checks ....... .l4.oo 1850 2s.7s
URUGUAY (par 1oa.42 cents a peso)
Checks ........72.625 72.75
VENEZUELA (par 1913 cents bolivar>
Checks ........ Sis $40
Canadian Exchange-New York funds IN
Montreal. 8 Per cent premium; Montreal
funds in New York. liz per cent dis
New-York tribune., 1921-03-30
The Dollar in Foreign Exchange

A sharp advance in foreign exchange
lates in the late trading yesterday car
ried sterling to a new high for the year
at $3.93A. Rates on other European
centers, with the exception of Berlin,
were generally higher. Lire advarfed
strongly to Abs cents for demand.
Rates had held firm all day, but the
sudden demand for exchange came as
surprise to most market followers.
Rates on South American countries and
on Far Eastern points were little
changed.
New-York tribune., 1921-03-30
Puhlic Utility Stocks

All the public utility stocks were
favorably affected by yesterdays an
nouncement Of an increase in the
American Telephone and Telegraph
dividend rate. Pacific Telephone and
Telegraph, which Is controlled by the
A. T. 4 T. through ownership Of a
majority Of the stock. had APPOINT
rise; Consolidated Gas was up 211
while Western Union gained over a
point. The Street was surprised that
the American Telephone and Telegraph
management was contemplating an in
crease in the dividend rate so soon
and this was probably one of the rea-
sons that the stock advanced 80 rapidly.
New-York tribune., 1921-03-30
London Money Market

LONDON, March 20. = Bar silver,
33Ad per ounce; bar gold, l04s lid.
Money, 6 per cent. Discount rates.
Short bills, Z per cent; three-month
bills, 6A per cent. Gold premiums at
Lisbon, 140.
New-York tribune., 1921-03-30
Paris Market Firm

PARIS, March 29.-Prices were firm
on the BQurse to-day. Three per cent
rentes, 81. francs 80 centimes. Ex-
change on London, Sc francs So GEN.
times. Five per cent loan, SO francs
95 centimes. The dollar was quoted at
Ia francs Al centimes.
New-York tribune., 1921-03-30

Bank Clearings Bank clearings at
New York yesterday were: Exchanges,
s584,951 1926; balances, s5S,161,389.
Silver London, 33Ad; New York,
domestic bar, 99hc; foreign, 57Ac;
Mexican dollars, .43%c.
New-York tribune., 1921-03-30
London Metal Market

LONDON, March 29.-- Standard cop
per, spot. $50 los; futures, $50 5s; cleo
trolytic, spot, Ell los; futures, G73:
tin, spot, sl61 l2s Cd; futures. s165 rs
Cd: lead, spot, $40 2s Cd; futures, $40
12s Sd; zinc; spot. s25 IS; futures,
E26 10s.
New-York tribune., 1921-03-30
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., 1921-03-30
Money and Credit

Call money was in fairly abundant
supply at the Stock Exchange yester-
day. Loans were renewed on 6h per
cent basis. Later the rate fell to 6 per
cent, where It closed No government
Withdrawals are planned for tom orrow.
Yesterday. Year ago
On mixed collateral.... Ga 8
On industrial collateral 611 8
Time roonev frniyed. coll
New-York tribune., 1921-03-30
Dividends

An Ained !nsia, Chemical and Dye Corporation
ha haar quarterly dividend of 81 share
nas asSsp psh oeciared on the common stock.
payaioie nri,,s May 2 to stockholders Of record
Regular Declarations
New-York tribune., 1921-03-30
In " all Street
Gold From Franra

The FEDERAL Reserve Bank Of Nsw
York received ss,3oo.ooo in gold yester~
day which arrived on the French liner
Lorraine on Monday. The metal had
been held for several months by the
Bank of France for the account Of the
local bank. When hrst "earmarked'
the metal, although in France, Was
counted as part Of the gold reserve
Of the Federal Reserve system. 6ub-
sequently 1t was transferred to sre..
cial item on orders from the Federal
Reserve Board, which ruled that gold
held outside Of the United States could
not be counted as reserve oven though
"earmarked" for that purpose. The
receipt Of the gold therefore adds so
much to the reserve Of the system and
will be allocated to the twelve Reserve
banks. Two million two hundred thou
sand dollars in gold on the same ship
was consigned by private French bank
ers to the Equitable Trust Company.
New-York tribune., 1921-03-30
Copper Export Association Notes

With the announcement yesterday Of
the decision Of the Anaconda and
porphyry directors to close down their
mines entirely there arose an active
discussion as to how this action would
affect the s40,oo0,0oo one to four year
8 per cent notes that were sold In Feb
ruary. These were an obligation Of the
Copper Export Association and were
secured by 400 100000 pounds Of cop
per, valued at 10 cents pound These
notes, it is understood, have not yet
been thoroughly distributed by the
underwriting banking groups. The inn
preston prevailed in investment quar-
ters that a cessation of production by
would aid in the distribution of the
notes. as it would place the collateral
in position where, in case an export
demand developed quickly, the metal
might soon be disposed Of.
New-York tribune., 1921-03-30
Talks
To Investors

Dunno THE YEAR le2c We spent
far moro than half a million dol
lars in rendering Service to our
clients. This will give an idea of
the comprchcnsiveness of our
organization and the great vol
ume of work it does for investors.
DUAINc THE DOZEN YEARS in which
we have been building up this
business, we have accumulated
Investment files and rccordA
which could not now ho dupE-
Gated for any amount of money.
WE HAVE DEVELOPED an orsanixa-
tion of investment experts and
specialists of very high charac-
ter. Nearly a hundred expert
workers are actively employed in
this work, and at large expense
we have continued from year to
year, to build up the quality of
the organization and of the serv-
ice which we render.
OuR LIST OF CLIENTS L. now ap-
pronmi- ely fifteen thousand,
and includes thousands of banks,
trust companies, insurance. COM
panics and otker f;duciary insti-
tutions, besides trustees of es-
tatcs, corporations, colleges and
schools, and individual investors
of every type.
Besides furnishing Investment
ratings, through our rating
books and supplements, on over
$4,000 distinct securities, VIC
supervised, during 1920, invest
ment lists aggregating billions
of dollars in par value of bonds
and stocks which were submitted
to us by clients.
Full information regarding the
Service We Render will bo fur
nishcd ON request.
Moody's Investors Servic
JOHN MOODY, Prssads.t
IS Nassau Street New York. n.
BOSTON PHILADELPHIA CMCAc
New-York tribune., 1921-03-30
American Telephone and Telegraph

News that the directors of the Amer
lean Telephone and Telegraph Company
have decided to establish the stock on
g 9 per cent dividend basis, an increase
Of / per cent year over the present
rate, in effect since 1907, came as a
great surprise to the Street. The ac-
tion Of the stock, which jumped u
points net to 1087z In the market,
showed this. 1t had been known that
tho company WAS earning substantial
margin over the 8 per cent dividend
rate, but few persons believed that a
move would be made to increase the
disbursement to stockholders at this
time, especially in view of the con-
troversy over telephone rates. In bank
ing circles conversant with American
Telephone affairs the view was ex-
pressed that the move foreshadows
financing by the company through the
sale Of stock. 1t was pointed out that
with the stock selling we'll above par
on per cent dividend basis it would
not be difficult to sell new stock at
par. The telephone organization has
much financing to do before the end
Of the year. Last fall program in
volving the raising Of S75,0oo,00o in
new funds in the next twelve months
was laid down. To date S55,000000 of
this has been obtained through the sale
Of bonds of subsidiary companies. That
would leave $20,0o0,00c still to be
raised. Bankers said yesterday this
figure would likely be increased
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31

Women are strange creatures, OF.
course. and you can make them stranger
By telling them they are.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31
noted HUMORIST
Griffith IT st. Psul's Evangelical Church
Tl'urFday evening, Feb. 3.

Mr.. Griffith. noted hum"rl~t and mon
ologist viii entertain with evening pro-
gram Of short "t"ri"t. dialects. readings
and. other special Features This enter
i:inIn"nf VII hc under ia" auspices Of
ia" Young rr"pl''s S""!"ty. ard in ad-
dition to this. th"-r Will h" musical aud
instrumental numbers ny som" Of tho
very best talent in Wheeling. The COM
iujttrc in charge 'T very ''r'un2t" in
h.'ng able :" s""ur" Mr.. f"ii!th Tor ~"
rycuing. u: IT, mas performed IN all Of
thu big cities Of the 'aSt and his eve
niug's program has always met with
favorable comment, The prospects for
= largo crowd is very good and this
rntertal nment In expected 70 surpnss
any Vet given UP 70 the present time"
The proceeds will DE given 10 the build
ing FUND to he used in connection with
nuild!nc new church cd'~a
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31
ACCIDENT VICTIMS
BODY IS SENT HOME
Conductor James Berry Succumbs to
Injuries Suffered Here

The body Of tho lat" James Berry
freight conductor q: The baltimore &
Ohio railroad. who d."d saturday morn
ing at 1915 o'clock at the ohio General
hospital. from injuries received Friday
night when he slipped in front Of train
No. 81 coming from Grafton. and was
run over in tho passenger station, was
shipped at 5:35 o'clock Saturday eve
ming to Scottsdale. Pa. Mr.. Coleman. a
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31

At their lodge room. X. r. hall Ben
wood Review No. 81. Lady Maccahecs
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31
GOLDEN RULE
IN INDUSTRY
DR.. MARTIN BREACHES TO EN-
PLoYERS AND woRKINGMEN
illumination of E,elhshness Essential
on Both sides, He Says.

L
,o,d,n,i,,r thn rnri,.,l services ut
: ,be First christian church. yesterday
Afternoon delivered a sermon To men
,,Iy an ",-oni,,I and Labor" outlining
,.I,.,, =, his mint must be done before
on ,rrr,.r,r,t can eyer he reached be-
..,..,.p ,r,. two
pr Hrv Martin Lrrnrc opening his
.,rr,nD had rbap,rd Is. II tho book
,r Proverbs cbsrirrs five. six and
seven. of the book OF Matthews ami
,,b,ntc- five. first Twelve vchScs ro;i,!.
IF the bcco Of 81. John. All showing
rive true meaning Of tho Golden Rule.
..I,vrry t-ty community or orEanIza-
riou working agains. itself shall fail
Lac,orod Dr u,r,i, in onening his
,or-no, "ird tho ca ,n,. IS true Of capi-
,oI and Labor urur the other shall
-. ,,,,I,., ,o,l, I,oI, r. God ana
.>',' C,I r,,,,,
r,o.,;,, .T,o, -,,a como or i,iuy
s,,,to,.. r.,,,rl,s at his rcvivals. dc
.,a-Tr ,;,,, ,nr,,,,,,,l and eccentric.
$3.50, -, I,a,,,,t.,,, 81, r,. class hut took
,;ct,,,,, ,.iow -, snycrtl nr the cN-
,,.'.,,,,, 90. r-irt,.d in ~ Enirmcn,
,,...
Va dcc,rro1 EYIv SUNDAYS remarks
mara only truc enough. but they bore
,ho ,.r.,r,, kinds of fruit. tending tn
,x,;to aud cr,husc. Ii, declared Billy
sunday conuo, hc initiated. and only
r.,I, ,,.;u 49,. IA imitot, him.
~. ,,,,,,,i understand the Golden
49, o,,n ,o understand III" SER
;,,,.,;., which has arisen and
""S .', ,,. rc,y wears to
IN, M, Jil,rinr old skeletons
- ,bo closet nor do | intend t"
nrr, old wounds. but We are going to
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31
representative OF the railroad company
acconpanied the remains.

Deceased was a years old and was q
conductor working on the PttsourSn
division of the Baltimore & Ohio. He
h<,d been an employee OF the company
for many years.
/. His wife and family. after hearing OF
sais being seriously injured. made every
possible effort to get here before his
death. but they arrived several minutes
late at the local station. They took the
next train hack to their homes - wait
tho arrival of the remains. 1t Is not
known just when funeral services will
he held but in all probability the0 will
be held Tuesday. with interment b -
Scottdale cemetery.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31

Conway Log Cabin DcmoCrat.--If ahy
Of you boys want to go poSSum hunting
come on over and go with Jim LaStcr
He is catching them from IN" size of 4
rat TO the size OF dog
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-31

ton u tho distribution Of Victor Ned
ais an officer OF the Vocational Tram
NJ proortu:. mt. Of the government VIII
uccam'uny this team.
All c>-S,'d,crs desiring Information
ON yoc,t:rnai training or who care I"
hr surveyed in respect to receiving N"-
c.tiunnl iiainin-; should he present at
thoS,. n."r.nG$ and present their claims
10 tntS office. Recent visits of this Oh
ficrr t. American Legion Posts show
.ha, there ar" many entitled to VocI-
:',,,..I training who are not taking IL
Mos; Of the cases seem to be through
ignorance If what vvca ttonal training
\ and as t. who IS entitled TO same.
January &l--F,irvicw.
February i--MorgartOwn.
February 2--Manuington.
. February G--Camoron
February Glen EaSton.
FrGrulry 5--MoundSville.
Lady MaCcabees Install
At their lod-a room. X. r. hall. Ben
o,,,I p,,.inu. NJ al I,Qly MaCca bees
The Alaska daily empire., 1921-06-14

ing to the poor sapps who bet ol Carpenter. They'll be so badiJ stung one more sting won't matter
 Jacks Derby Wins
 As far as I have been able to find out, Dempsey is the only man in the fight game today fearless enough to wear a derby and be photographed in it. Carpenters embroidered col lar pictures cannot overcome the lead that derby gives Jack.
 The problem of Manager Des champs hypnotic eyes is not to b.; overlooked. M Deschamps has meas. eyes, but they don't mean what the, say. The Deschamps eye, at that, E not as annoying in a fight as the black eye.
 Carpenter, with his ocean trips has something on Dempsey in the travelling line, but whatever speed Georges has shown getting from place to place will be as nothing compared to the rate at which he'li travel when his chin catches or Dempsey's paw. The scientists a' Lick Observatory better hang around the old telescope on the afternoon of July and they'll see new comet with a French accent.
 I have never boxed with Carpen tier This, however, is not neces sary, as I HAVE boxed with Demp sey We met in the ring in New York last summer and the only thini that saved me was my presence ol mind in putting on my burnt corL after he took the first swing. Demp sey, you know. has drawn the colol line, and he refused to fight me an; more.
 | Perhaps it is just as well that Jack gether July g. There always ha; been a lot of trouble pronouncin; Carpentier's' name, and after tht Dempsey match this trouble will bt eliminated Dempsey figures tt knock Carpentier loose from his nam. in less time than it takes the land lord to call around the first of thf month. Georges name never both cred me very much. always thini of him as Carp. Carp's fish, vol know. Poor Carp. Poor fish!
 On the afternoon of July l I'll b' ready to turn over my part to Car pentier. He'll be fin bad" more tfa: am.
The Alaska daily empire., 1921-06-14
RUTH WINS HIS
 GAME; PUTS OUT
 TWO HOME RUNS
Pitches First Game of This Season and Make
 Record for Homers.

NEW YORK, June 14.--" Babe Ruth made two homers, the twen- tieth and twenty-first in yesterday $ same against the Detroit players so it can be said that he. won his game as he also pitched for the first time this season.
 Ruth made his first homer in the fourth inning with no men on.
 The second home run was made in the seventh inning with one man On..
The Alaska daily empire., 1921-06-14
BATTING RACE IS CLOSE ONE IN THE AMERICAN LEAGUE; HELLMAN LEADS

CHICAGO, June 1.-The Ameri. can League batting race, has devel' oped into one of the tightest in many years with Harry Heilman of Detroit leading. with .435, and~ Ty Cobb, Iris Speaker and George Sis Ter of St. Louis, last years cham pion, setting a terrific pace with per. centages of .40S each for Cobb and Speaker and .404 for Sisler. The latter in the past four weeks has boosted his average more than 15o points.
 In the National League, Rogers Hornsh1. St Louis. continues in d slight slump, but still holds the lead ership with 435 over men who have played in g or more games. Me Henry, another St. Louisan, follows Hcrnsby with 394.