davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
JOHN d. RYAN TALKS.

John d. Ryan. the kinG-pin of
Americas copper leaders. has re-
n aimed silent on conditions for long
time, but when ran into him yester-
day was able TO worm from him one
exceedingly Significant and not unim-
portant piece of Information which
ought to do something to tighten the
ouietude which has recently fallen
upon the financial community and
upon many industries.
Mr.. Ryan confides that sales of cop
per. both for expectation and for do
n, este use, were better during May
than In any other month this year.
As the copper industry early took
its medicine, + the form OF drastic
Price readjustment. II ought to pick
UP substantially from now on
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
Liberty Bonds.

NEW YORK, June 4.--Ciosing Lib
erty bonds; avs, sss.9s; second As,
ss670 first 4A's, ss7.75; second 4L's.
ssee4; third AIS, Ss0.6s: fourth 4H's,
ss670; Victory 3%'s. s9s.06; Victory
Ana sos 06
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
BIG AUTO ORDERS.


in a raft OF orders for automobiles.
i don't think Wall street or any
body should worry very much over
u. S. Steers dividend.
Things would have to become very
much worse than they are now be-
fore Judge Gary would dream OF dis
appointing holders of its stock.
One of his LIES ambitions has been
TO transform Steel common into a
safe, solid. staid investment.
Looks as II steel prices were head
ed toward another general reduction
Since James A. StiIlman assumed
the presidency of the National City
Bank, the responsibilities of that inn
portant office have been discharged
mostly by Charles ". Rich. poor
boy who developed at an extraordi-
Harily early age into one of the
shrewdest bankers I'm America.
Mr.. Rich was brought into the City
Bank by Mr.. vanderlip, and was dis
posed to quit when Mr.. vanderlip got
out. However, at the insistcnt solicit
tation OF Mr.. Stillman. Mr.. Rich. who
had been taking life easy for a while.
returned and became very active In
the management of the institution.
The resignation OF Mr.. Rich was
announced yesterday. He sails for
Europe today.
Although only In his forties, Mr..
Rich may not re-enter the financial
maelstrom. He was early able to ac-
cumulate comfortable fortune. and
he has sense enough to know that
money making is not the whole OF
life.
Three years ago he took a long
leave of absence and As he then
thought of retiring for good. wrote
him on the subject. Hts reply, as I
recall. read something like this: IF
you will take a day OF and come up
to see me on my farm you will un-
derstand why I'm inclined to renounco
Wall Street. This is the life"
The financiers who recently dined
at tho White House were very favor
ably impressed by President Harding
and his manifest anxiety to do every
thing within. HIS power to cooperate
in bringing about better Business.
agricultural and employment condi-
tions. 0 ~
Copyright. 1921. by b. C. Forbes).
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
A PREDICTION.

A prediction: Foreign exchange
will decline substantially in the not
distant future.
Lord Northcliffe is the most power
full private citizen In Great Britain.
In a sense, he Is more powerful than
even Prime Minister Lloyd George.
for Lord Mort hcIiffe has been called,
not without truth, "the maker ard
un-maker of prime ministers"
He owns more newspapers and
periodicals than any other man In the
worid-not excluding even Germany
new superman. Hugo SHINES. who
has been gobbling up German publ
cations ranging all the way from a
comic sheet to an ultrs-dignifed
newspaper.
Lord Northcliffe's right-hand man
is Sir Campbell Stuart, a Canadian.
whose career has matched anything
in Americas success" annals
Sir Campbell is on a flying visit to
America, and Dhad a short chat with
him yesterday. He declares that, al
though Britain has problems aplcnty.
she 10 going to do something more
than "muddle through" She Is maxi
ing encouraging progress, and viii
make more encouraging progress fy
and by. WAS his resssurins s'ate-
ment. t -. .F
He states that conditions are net
as perplexing as one would gather
from reading American newspapers.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
New York Cotton Market.
Furnished by Thomson a MoKinnon.
Nicaragua Gets Loan

A loan OF $4,000, negotiated with
New York bankers. Ia expected to be
Of aid In settling economic and in
dustrial conditions IN Nicaragua. ec-
cording 10 consular advices 10 the De-
psr<ment of Commerce today,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
CON. UTILITIES r. G. NOTES.
WHAT Is THE SHORT INTEREST,"

NEW YORK, June faint whis-
perings are now heard of the tremen-
dous short interest and of plans that
are brewing to administer a lesson to
these bears.
Rumor says a certain powerful
clique is heavily short of certain
stocks. Insiders are understood 10
have full knowledge of the facts and
to be awaiting the psychological mo-
ment to punish the shorts.
The most prominently mentioned of
these shorts" is the scion of very
wealthy family. closely connected
with oil. While these reports are
given credence in very reliable circles,
IL is difficult to understand why these
shorts should have over-extended
themselves
They have had many opportunities
TO cover at substantial profits. Sew
eral of the issues they are supposed
to be short of have a very limited
supply OF outstanding stock.
Why traders OF many years expert
ence, such as the clique mentioned,
should be foolish enough to stay
heavily short of stocks OF rather
closely controlled corporations. is
rather puzzling--uniess they have
EOOu TtdfOn IL ptiicNt thts hho" VI
what is going on among the insiders.
MEXICAN PETROLEUM POSITION.
The stock most often mentioned in
connection with large short inter-
est is Mexican Petroleum.
The floating supply is very small,
considerably less than 100000 shares
at the most. and yet the weekly turn
over is always several times this
amount
There would be some grounds,
therefore, for believing that a short
interest may be technically cornered.
Anyhow. that is the report, and IL Is
believed by many traders who should
know what Is going on.
In some quartets rally in Mexir
can Petroleum is expected to bring
about a sharp upturn In the general
market. Many Interests operating In
other stocks are waiting for run-in
OF the Mexican Petroleum shorts in
order to move their stocks to a high
err figure.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
Wool Stocks in Argentina.

Stocks OF wool on hard in Argentina
ar estimated to be about 100000. 900
pounds, according 20 sdvices to the
department of Comoroe- today ---..&
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04

Investors Service

bss
The most sad 81
address Of
d c
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
BANKERS SYMPOSIUM.

The symposium of the District
Bankers Association Convention will
take place on the morning of the
second day of the convention, accord
ing to announcement made today by
b. a. Bowles. chairman.
James Montgomery. of the Wash
ington Loan and Trust Company viii
present a paper on New Business
and Bank Advertising and, Joseph
ID. Yerkes, of the Federal National
Bank, will present pepper on Every
Day Bank ,Problems."
The remainder of the time al
1otted to the symposium VIII be de-
voted 10 an tnnovation. 49,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
Swift n Company
Ussoo Stock Yards. ch'eas
Dividend No. 14L

*. cspltsl stock Of Swift q Company. win b
IA On Juiy 1. isai. 10 stockholderp Of recore
Jvrs 10. issi. - shovn On the books Of N,
ose C. A. PRACoCx. sssrssssy
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
BANKER STlLLMAN'S AID
RESIGNS JOB IN N. Y

NEW YORK. June 4--C. v. Rich.
vice president OF the National City
Bank, resigned yesterday. He an
nounced he was going to Europe.
Word of his resignation came as
surprise to banking circles. Mr.. Rich
had been prominently mentioned as
possible successor to James A. STILL
man as president OF the bank
With his office as vice president.
Mr.. Rich coupled that of executive
manager,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
NO BELGIAN FINANCING.

Referring to some current rumors
In regard to the possibility of Bell
gian financing. the Belgian ambassa-
dor. Baron De Cartier. advises the
Guaranty Trust Company. of New
York. ,tsat there is no basis for
these rumors, and states that Bel
GUM is not considering any n
nancing in this country at the
present time.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
THE WAY THEY DO Ir.


y. Hs--KindIy let me know II
COED investment. A broker sold
me the stock on the basis that IL
was good investment at SO a
share and told me that the Ma
tional Biscuit Company was buying
up ali the outstanding stock at
$3.50. IL this is not true / would
like to know ii and like to have
you tell me what can do.
Aaswer-we should think that IT
would have been obvious TO you that
the National Biscuit Company would
not pay 1880 for stock OF the New
Eng1and Cereal Company when they
could buy II from this broker at $40.
And we should think that II would
have been Just as apparent to you
that the great National Biscuit Com-
psny would not want the stock ut
all.
Some of these stock agents tell
a man anything to get his money.
1t IL hard to see how an ordinary
sensible man will accept unsupported
statements from stock salesman
and pay over his money without
making the slightest attempt at in
,estigation. But men do IL.
They buy stock blindly. as they
would lottery tickets, and trust to
luck. In the majority of cases they
have not been familiar enough with
the company they put their money
into TO be able to Judge OF the
value of the claims made. or of the
evidence that might be given TO sup
port these claims. =
This is inexcusable bad Judgment.
The New England Cereal Company
was organized in 1910 and is said
TO have a small factory at South
Norwalk Conn, where IL manu-
features a breakfast food.
The stock appears to be without
market value.
Gov. UTILITIES r. @. NOTES.
ID. w. T.-what is your opinion
of Consolidated Utilities Company
nve-year 3 per cent collateral trust
hottest understand these notes
are obtainable in 500 denomination
and are due 1925.
/ am thinking OF buying nve
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04

Springs, w. Va, during the District
Bankers Association Convention will
be for the best two out of three
sets. according to President Era
Gould. president OF the Washington
Mechanics Savings Bank.
Two very handsome silver cups
will be given to- the winner and
runner up.
All entries should be made TO Mr..
Gould on train before reaching
White Sulphur.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04

800 pieces for presentation TO my
FIVE young children. and when
they become due Will invest the
proceeds in other bonds Of 500 de-
nomination.
Asswer-we think your plan Q
good one. These notes are . direct
obligation of the ConsoIiAatel Uttlt-
ties Company, being its only fundsd
debt
The company owns and controls the,
ksnsas Electric utflttfes CsDSs~ys
Union City Electric Company. Miami
valley Electric Company. and Un1taA
Lfghting Company. serving sxciusive-
ly electric light and power to twenty
cities In Kansas. Indiana. Ohio. and
Pennsylvania.
The company's surplus earnings
for the year ended March ~. 1871.
amounted to sf7Ib74. compared WITH
S136.64S the year before. Annual In
terest charge on the $4,000 rer
cent notes amounts to $4,000.
Earnings are approximately nine
times interest requirements.
AMERICAN GAS IMPROVEMENT
COMPANY.
w. w. F.-Kindly give me your
opinion OF the stock of Anerlcan
Gas Improvement Co. II there IL
an opportunity to make some
money j would put some cash into
this AFFAIR. would appreciate an
early answer because IL IT 10 worth
going into I want TO get some OF
the reorganization stock.
Answer-we do net reesnnenl n.
The company Is a recent incorpors-
tion with an authorized capitalization
of s1.000.000 of stock which has .
par value OF $40 share. 1t appears.
that the company's only present asset
is patented process for making bet
ter gas and cutting costs.
II the promoters can secure sur
icient capital through sale OF stock
they propose to secure establishsd
plants and utilize them for expert
mentation. We hope the company
will succeed.
Everybody knows that gas furnish
ed today is poor stun and there 10 .
great chance for Improvement. Hut
as IL is now the company 10 nothing
but prospect and we should re-
gard the stock as q risky speculation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
MARKET COMMENT.

In their comment on the market.
Jones & Baker say: with the
harvesting Of the country's first crop
nearing rapidly. employment in the
agricultural centers is expected to
gain thereby, Increasing purchasing
power and stimulating business in
general"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
DuN.s REVIEW.

Changes that are essential TO re-
vival have long been in PROCESS, this
review points out. and expresses hope
that a more decisive turn for the
better will be witnessed after the end
ing OF summer IT declares:
with special causes for hesitation,
the present situation is marked by
waiting In many quarters, the dispo-
sition being toNdefer important action
until necessary readjustments have
been extended. While exceptions to
this policy appear in certain instances
where liquidation has seemingly been
completed the attitude of most buy
ers il reflected in their persistent
Discrimination to operate beyond i'm
mediate requirements, future price
considerations being factor.
dispatches from different parts Of
the country are OF the same general
tenor, but reports from some localities
In the West are rather more encour-
aging than those from other sections.
and the large attendance of buyers
in some of the leading centers Is ia
yorable augury. News concerning the
crops is more or less contradictory.
but private advices of deterioration in
cotton have been confirmed by the
Governments condition estimate"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
Chicago Grain and Provision.
Open. High. 10y
by Thomson & MsKinnon

Prev.
Open. High. Low. Close. Close.
WHEAT
July. 1864 1864 1.31 u 1.31k 1.37A
Sept. 1.22h 1.23 115h lie -,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
BANKERS TENNIS MATCH.
TodaY's Bond Prices

All matches OF the tennis tourna-
men scheduled at White Sulphur
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04
Wall Street Gossip

dividend entirely when they meet on
Monday.
According to interests close to the
company. there is no danger of such
action. What Is generally expected
is the declaration of q ! v per cent
quarterly payment. or Q per cant
annual basis compared with the 10
per cent maintained heretofore.
AT 1.-The current market levels
Chandler. paying per cent yearly,
would yield 10 per cent.
MERCANTILE MARINE EARNINGS.
international Mercantile Marines
1920 report Is expected within = few
Gays. IL Ia estimated that the net
earnings will approximate $13 on the
preferred shares, compared with SIS
in 1919.
While the showing for 1920 will be
quite favorable. the income for the
current year is not. and this 10 large
ly responsible for the continued SELL
i,g. 1t IS rumored that the preferred
dividend may be passed at the COM
ing meeting of directors.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-04

A prediction: Foreign exchange
will decline substantially in the not
distant future.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
County Churches

Whitewater Christian Church-Pas-
tor, Rev. William Wright; Sunday
school, $50: preaching, 1890; even
ing service, 700.
Whitewater M. e. Churchill. F. Ul-
mer, Pastor. Sunday school, $50 a. m.
Preaching. 1870 a. m. Prayer meet
ing, Wednesday, 8 p. m.
MiddIeboro M. e. Church-Pastor,
L. F. Ulmer. Sunday school, $50;
class meeting, 1920; prea ching, 1880
p. m. Wireless telephone and enter
tainment Wednesday. 7:45 p. m. Pray
err meeting Thursday, 8 p. m.
Chester and Webster M. e. Churches
services in the Chester and Web
ster M. E. churches will be held at the
usual hours on next Sunday. April II,
1921. The pastor will be present at
Chester for the morning service and
at Webster for the evening service.
The public is earnestly invited to be
present at each service of the day.
Victor E. Stoner, pastor.
Boston Methodist Church-Sunday
school at $50 o'clock; Guy Girton,
superintendent. w. p Thorn, pastor
for the last year, has been assigned to
serve, Boston again for the coming
year This makes Boston a station,
and commencing Sunday, April II
there will be preaching both morning
and evening.
Sunday, April "a, to 4 p. m, the
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15

An English mason laid 1855 brick;
per day for IS days.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
FIND COOK GUILTY OF
MAKING RYE WHISKY

Floyd Cook, 800 Lincoln street was
found guilty of manufacturing rye
whisky. following a jury trial in
Wayne circuit court Thursday after
40 minutes elaboration. Attorney
Frank Strayer, appearing for Cook,
stated that he would file a motion 70.
a new trial and appeal the case. Cook
was fined $500 and costs, and sen.
fenced to 80 days at the state penal
farm.
COOK was arrested several weeks
ago when police made raid on his
home on Lincoln street and found the
largest still yet captured in Richmond.
This still was introduced as testimony
in the trial Thursday. 1t was COM
posed of a large so gallon tank, a Ave
burner oil stove, large mash containe.
and small cooler. Officers making
the raid stated that about $50 gallons
OF mash were found at the house
The defense contended that no whis-
KY had been manufactured by Cook,
although Cook admitted that his in.
tentlons were to manufacture contra
band liquor. The appeal will be based
on the fact that manufacture of liquor
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
PAGE THREE
ASKS ELECTION
ON CITY MANAGER FORM

ANDERSON, Ind, April 15.--W. B.
Campbell, w. T. Richards and Joseph
Day, representing the committee OF
100, which has been active for three
weeks in the campaign in the interests
of the city manager plan of govern
ment. nave nIed with City Clerk JOS
eph Essington, petition containing
2,431 names Of voters, asking that the
city council call special election in
Anderson giving the voters the privi-
lege of voting on whether or not An
derson shall adopt the city manager
plan of government. Only 1900 names
were necessary on the petition. The
matter will come before the council
Thursday night.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
Conquers Rheumatism

1t is an established fact that one
teaspoonful of Rheuma taken once a
day for a very short time has driven
all the pain and agony from thousands
of racked. crippled and despairing
rheumatics.
While powerful gratifying and quick
acting Rheuma contains no narcotics,
is absolutely harmless, and must give
lasting and blessed relief or it's cost.
small as it is, will be refunded. The
magic name has reached nearly every
hamlet. and there are hundreds of
druggists who can tell you of the good
It has done in some Of the very worst
cases.
If you are tortured with rheumatism
or sciatica YOU can get a bottle Of
Rheuma from Quigley's Drug Stores
for not more than Is cents. with the
understanding that If it does not rid
you of all rheumatic suffering your
money will be cheerfully returned
Advertisement.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
EATON STUDENT IS
HONORARY MEMBER OF
PHI BETA KAPPA FRAT

EATON, O., April 15.-Carney D.
Lands, senior in Ohio State universi-
ty, Columbus, has just been elected
to honorary membership in Phi Beta
Kappa fraternity, according to advices
received from him by his parents, Pro.
bate Judge B. A. and Mrs. Landis The
fraternity is the oldest college frat in
this country, being founded in 1916.
In addition to the recent honor, Mr..
Lands holds honorary membership in
the Alpha Psi Rho and Phi Delta Kap-
pa fraternitie3 and the sociology club.
He also is assistant in the psychology
department Ohio State university.
Miss Martha Schlingman. daughter
of Mr.. and Mrs. A. E. Schlingman, is
another Eaton student in Ohio State
/ university upon which honor has been
BESTOWED. She has been elected to
honorary membership in Phi Beta kap-
pa fraternity. Miss Schlingman COM
pleted the course at the university
!. last January, and will graduate in
June.
Rest Eoom at Fair.
Privilege of establishing on the
county fairgrounds a rest room for
. women and children has been granted
/. the Preble county Women's Federated
clubs by the county fair board.
A desirable location for the rest
room has been assigned by the fair
! board. The room will have a con-
crete floor and will be fitted up in a
I comfortable and sanitary manner. It
is expected the room will be completed
in time to be placed in service during
the fair this fall. 1t will be perma-
! nent
HostetIer Opens Services.
, The Rev. Bowman Hostetler, evan
gelist, Of Greenville, will open a sea-
:. son Of evangelistic services here Sun
day evening in Christ church, Of which
the Rev. Ernest w. Fitch is pastor.
! Meetings will be held each evening
: next week, excepting Saturday. Mr..
Hostetler is regarded as one among
the more prominent figures in his
, chosen field and much interest is man
Tested in his coming meetings here.
! Pastor Fitch extends ar invitation to
the public to attend the meetings.
Await Road Bids.
; Official advices have been received
! by the Preble county commissioners
/ that reception of bids will be closed
April 20 for the contract for construc-
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15

ton of fraction more than four miles
of brick paving on the Eaton and Ham
ilton pike The estimated cost of the
proposed improvement is $235, 307.79.
The states share of the cost of brick
will be $171,S73.79. The contract will
call for completion Of the job by De-
cember /, 1921.
The roadway will have a width Of
Is feet, with six-inch curb on either
side. The improvement will begin a
short distance to the north of the
old Valley House railway crossing and
extend south to the north corporate
limits of the village Of Camden.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-15
News Of the Counties

ECONOMY, Ind.-Relatives of Miss
Arsenith Clark, of Winchester, sur
prised her at her home on her seventy
sixth birthday. Among those present
were Harry, Joe and Frank Cain and
families and Charles Haisley and Ev-
erett Clark and families.
FOUNTAIN CITY, Ind. April 10
The high school senior class play,
Ruth in a Rush. will make it's sec
ond appearance here Saturday even
ing. April Is. by special request. The
play was first given to capacity
audience last Saturday evening and
was so enthusia stically received that
a second appearance was deemed
necessary. Special features will en-
terrain the audience between acts.
FAIRHAVEN, O.---The juniors of I.
H. S. will present their class play en-
titled "All a Mistake" Tuesday even
ing, April rs at the M. E. church.
CAMBRIDGE CITY, Ind. The
Franklin college quartet Of Franklin,
Ind. which gave an entertainment at
the Baptist church Feb. rs, will appear
! in Cambridge again with new roper
toire of quartet numbers, solos and
readings at the Hurst opera house,
April 80.
MODOC, Ind The baccalaureate
service Of the West River township
schools will be held at Modoc Sunday
| afternoon, April It. Rev. Lockwood
of Union City. will preach the sermon
and music will be furnished by pupils
of the Huntsville and Modoc high
schools. Commencement will be Wed
nesday evening, April 20.
An English mason laid 1855 bricks