davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-14
SANTA LEFT CHANGE SEATS.
Two Telephone Boys Presented by
Employers with Them.

A Christmas gift which two telephone
boys found in their stockings. With the
compliments of their employers. Came to
light yesterday with the transfer of two
seats on the New York Stock Exchange
to the young men, both OF whom have'
been employed by odd lot houses for
several years.
The seat OF Rudolph Nesser was
transferred for $4,000 TO A. ]. Tierney.
employed by Carlisle. Mellick & Co The
seat of r. p Cregar, deceased. was
transferred to II. ID. Moyerdick for a
consideration OF $4,000. He is en-
ployed by DeCoppett & Doremus.
Members of the firms and the young
men themselves were reluctant to talk
about the transactions yesterday. but II
was learned that both seats were pres
ents to the young men in consideration
of long and faithful service.
A. Edward Ellis and Edwina d. Morgan
have been elected as members Of the
Stock Exchange.
The New York herald., 1921-01-14
W. DURANT FORMS
MOTORS COMPANY
Incorporates New Concern at
Albany to Make Cars in
Middle West.

William c. Durant, formerly head OF
the General Motors Corporation. whose
speculative holdings of stock in that
corporation were recently taken over by
the Dupont-Morgan interests. after
which he resigned as its president, has
again entered the automobile field
through the formation of new COM
pany which will build a new car for
sale for less than $1,000. Those facts
became known yesterday when char
ter was filed at Albany for the Durant
Motors, Inc, Of Manhattan.
The new company has been capital
lied for ]. ZOO. 900 shares of no par value.
with active capital of $5,000,000. The
incorporators were Theodore r.. Thies-
ing, c. c. Rautenberg and Benoni Lock-
wood.
Mr.. Durant declined yesterday after
noon to Issue statement regarding his
new venture. 1t is expected that some
formal announcement in reference to the
new corporation will be made soon. Mf.
Durant recently addressed q letter to
few of his friends informing them of his
plans TO reenter the motor field and in
Wiling them to associate themselves
with him in the new venture. He Of
fered to permit them to subscribe to the
new company's stock on the same basis
with himself
"While I am not ready just at this
time to make the announcement" the
letter read In part. 'it will probably pot
surprise you to know that am still In
terested and firm believer IN the motor
industry and that ] am organizing a
company controlled by myself and sew
eral of my good friends which will be In
active operation August 1, ,~1921. I'can-
not go into details regarding the cor
poration at this time other than to say
that It viii bear the name Durant
Motors. Inc. with one kind Of stock.
with every subscriber to the initial Offer
ing upon exactly the same basis as TO
price. with no Commission. bonuses or
reservations TO myself or associates is
sued for experience. ability or past per-
formance. The Durant Motors will be
Incorporated under the laws Of the State
of New York. with an authorized capital
Of 100000 shares of no par value.
100000 shares constituting the initial
Offering"
An oversubscription of the new stock
was the result OF this letter written by
Mr.. Durant to his friends. according to
information obtained yesterday. The
new car which will be manufactured by
Durant Motors. Inc, will be four
cylinder machine. A plant for the manu-
facture Of the car will bo in the middle
West.
The names Of the officers and directors
of the now corporation have not been
announced. It Is known that Mr. Durant
win head the new organization, prob
ably as president.
The New York herald., 1921-01-14
STOCK DIVIDEND BY WILSON.
Packing Company VIII Pay IA
Per Cent. I'm shares.

Wilson & co. have declared the resu-
lar quarterly dividend OF IL per cent
on the common stock. but. contrary to
the usual custom. have made the dis
bursement payable In stock instead Of in
cash. In announcing the dividend
Thomas II. Wilson. president. said that
the packing Industry had pissed through
the period OF readjustment probably IN
advance OF all other Industries and that
Indications were these adjustments have
now virtually run their course.
Pending the return OF more settled
conditions In the commercial and fnan-
cial world. directors OF Wilson & Co.
decided 10 declare at this time, in 1ace
OF the usual cash dividend OF $1.S a
share. n stock dividend OF III shares In
common stock for each 100 shares OF
common stock of the company OUT
standing. dividend TO be payable on
March I, 1921, TO common stockholders
OF record at the close OF business Jam
uary 81.
The New York herald., 1921-01-14
CHANGES IN GENERAL MOTORS
Du Pont Acquisitions Result In
EIecting New Officers.

Changes In the governing personnel
OF the General Motors Company took
place yesterday at meeting of the
directors as n result of the recent acqui-
sition of large holdings in the corpora
ton by the Du Pont interests.
The resignation of w. @. Durant as
a chairman of the executive and mem
Der of the finance committees was ac-
cepted. as was that Of r. w. Hohensce
az a director. vice-president and execu-
tive committeeman.
p. s. du Pont was then elected chair
man Of the executive committee. Three
other members chosen were J. J. Ras-
kob, J. A. Haskell and A. p. Sloan, Jr
F. ID. Brown was elected n member OF
the finance committee and c. L. Kat
tering and a. II. Swayne were made
ice-presldents. Mr.. Swayne also was
placed on the board of directors.
The New York herald., 1921-01-14
NATIONAL BISCUIT GAINS.
Reports Net Earnings of $1,000 a
Share for 1920.

The report of the National Biscuit
Company for 1920 shows net earnings
after taxes of S5,543.120 or s13.02 a
share. earned on It's outstanding COM
mon stock after the deduction OF its
preferred stock dividends. In 1919 its
earnings were equivalent TO s12.36 n
share on It's common stock. The COM
pany's preferred dividends for 1920
.totallcd s1.736.315 and common divi-
dends $2,oi6.52O, leaving a final sur
plus for the year of s1.760.2s5, against
$1.5G7,02S in 1919. The total profit and
loss surplus on December 81 was $21,-
0s9.0s7.
The only Indebtedness OF the COM
pany." Roy L. Tomllnson, presi3nnt OF
the company, told its Stockholders in
his report. rs for raw materials and
other incidental items incurred so re-
Gently that the accounts could not be
audited and paid before the close OF the
year. Inventories of raw materials
have been reduced to the bare running
requirements of the bakeries"
The New York herald., 1921-01-14
SOUTHERN pIpE LINE ELECTS.

Special Dsspotch TO Tut Nsw TosR HssaLp
on Cirr, Pa, Jan. i5.--All officers
and directors Of the Southern Pipe time
Company were reelected IN the annual
meeting Of the company held here to-
day. They include. Forrest ~. rowi Of
New York, - pfesld4hk
The New York herald., 1921-01-14
:. p. Nor sELLINa rsx-ufaHrs.

The committee on securities OF the
New York Stock Exchange has ruled
that Southern Pacific stock shall not
be quoted cx-rights to-day. and not Until
further notice. Tho reason ascribed
Is that warrants for the rights are not
ready for delivery and may not bo
ready before February 1. In tho mean
time, II was deemed advisable to protect
small accounts against possible danger
OF the deduction Of the value OF the
rights from the quoted price.
The New York herald., 1921-01-14
NEW COUNTERFEIT $50 BILL.
Makers of Spurious Reserve Note
ana Plant Captured.

The Federal Reserve Bank called at
tention yesterday to n new counterfeit
of n $50 Federal Reserve note on the
Chicago bank. a crudely etched produce
tion. on two pieces Of paper.
J. IT, Case, acting governor of the
bank. added this information "The
makers of this counterfeit. together with
an extensive plant and some $4,000 or
SIC. 900 of the bills, have been captured"
The New York herald., 1921-01-14
ss.7o A SHARE on crLLrLASD.

Gilliland oil Company reports for the
year ended october 81. 1890. net profits
after depreciation. depletion ana Federal
taxes OF sl.G7S.i9i, or 1916 O share on
the common stock after preferred divi-
dends. Oil produced IN the year was
valued at $l0e6s.562 and expenses. ie-
probation. &C., were S,73si5s Profit
from gasoline amounted to $2is6lS and
depletion reserves were s4,474,s3i. Fed
eral taxes were estimated at 5000, 600
The surplus for the year was si,i03. .S22
The New York herald., 1921-01-14
FOREIGN MARKETS.

PARIS, Jen. ts.--Prlces were firm ON
the Bourse to-day. Three per cent.
rentes. 81 francs s5 centimes: exchange
on London. on francs Sc ccntimes; s per
cent loan. So francs 20 centimes; the
dollar. 1e francs So centimes.
LONDON, Jan. f7.-Bar silver 3gHd.
an ounce: bar gold. 11os. Cd. money,
5H per cent Discount ratcs--Short
billb. sM n 6% per cent. three months
11-i6 per cent. gold premium at Lis-
bon 40
The New York herald., 1921-01-14

The Steel q lube Company OF America
Mortgage Sinking Fund 7% Gold Bonds Series
1921 l.
gundn oudei hichwHIreu %annuly o Series
by chas al h
liking fund will
-rse Tube anoA on
atea sn
the nyowmg
Heno dentnepk apopay
ohea san due N annual
ing
Y~~%a
AnnmImt
Cen MugB h
FmHeyea ended iDeonbr e2Oprf
dmtae
Ta Price nd Interest. To Yield approximately 740%
Dillon, Read & Co.
m. A. Read & Co.
-a.a~.AAA a.b~a~~sh sH
The New York herald., 1921-01-14
RAIL EaUIpMENr FIRM FORMED

Doyrr. Del. Jan. IA charter was
filed here To-day for the American In
ternstional Railway and Equipment
Corporation, capital sf05. 200, 900. The
company is authorized to deal In rail-
road and railway equipment
The New York herald., 1921-01-14
LONDON WOOL MARKET.

fsoNnoN, Jan. is.--At to-day's wool
auction sales i1.gli bales were offered
OF the free wool put up there was a fair
clearance al from 10 70 20 per cent. ds.
cline.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10

have already been ordered on duty, and if they
live up to their record for fearlessness and eff
ficiency, 1t will no longer be an easy matter for
bandits to rob the mails.
Mr. Hays and other government officials
realize that something must be done to put
stop to an epidemic of robberies which menace
a most important branch of government serv-
ice. 1t may be necessary to use more than
1000 marines, but at any rate this number Will
be large enough to give protection to some of
the largest postal centers and the heaviest
mail trains The results should soon be evident
in sharp decrease in robberies.
1t is no reflection the bravery of mail
clerks and their devotion to duty that they
have been outwitted by enterprising and we'll
armed criminals, because the criminals have
decided advantage. A clerk can't work and
watch the doors of mail car for possible BAN
dts. The element of surprise is all in the ban
dts favor. Now that marines are to stand
guard with nothing else to do, the positions
will be reversed. Would-be robbers will en-
counter soldiers who have made business of
rough-and-tumble fighting, men who are ac-
customed to face odds and think quickly. And
there Is ominous warning in the order to
shoot to kill.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
M EN-, WO NJ EN-
A ND T H IN G S

Methodists The little society formed at Ok
ford and named the Holy club, has numerous
other names tackled to it, such as the Cody
club Bible Moths the Reforming club, En-
thusiasts, but the one destined to outlive all
others was "Methodists.
Strange is it not how men, women and things
get their Names The great religious body,
one of the mightiest forces in the spiritual up
building of the world, was christened by an I'M
known student of Christ church, Oxford, who,
impressed by the regularity and exactness of
the lives and the studies of the members of the
Holy club, said with a smile, Here is new
sect of Methodists sprung up"
"And the name," says Triple, "stuck." Yes,
it had the adhesive power of an everlasting
glue Little did the young man of Oxford dream
when he labelled the little band of holy livers
and exact workers. that in less than two CEN
turtles millions upon millions of people in all
the earth would be proudly wearing the name,
"Methodists.''
Methodist publicist has said that the three
commanding figures in the national awakening
of England were John and Charles Wesley and
George Whitefield, all three of whom, strangely
enough when we consider the immense diff
culties of travel by sea and land in the eight
zenith century, came to America bringing the
gospel of the awakened conscience. The Wes-
legs work in Georgia brought the movement
very close home to the south.
This is no place for the story of Methodism,
but by the middle of the eighteenth century 1t
was organized into societies and many places
and chapels were built. Buckle well said that
Wesley was "the first ecclesiastical statesman
of his time," and he was. His genius for gov
eminent was unsurpassed 1t was he who har-
messed the forces of the revival and builded
church, as Triple well says in an appreciation
of his genius.
The emigrants to America by 1910, after
Wesley had visited every county in Ireland and
preached all over England, carried with them
the germs of Methodism. At the conference,
which met in 1869, there was reported list
Of more than 100 preachers and membership
of nearly 10000 in the British Isles. There
were 40 circuits, and the fiftieth was soon to
be added, and it's name would be America"
A man is to come on the scene whose life and
labors will long be the pride of the Methodists
in the United States. 1t has been pointed out
by an eminent authority that in the denomina-
tional history of Methodism, with Wesley,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
A MARVEL OF FIFTY YEARS
From the Arkansas Gazette.

from the Arkansas GaZeIue.
The most remarkable thing about the cele-
bration recently held in Birmingham to which
the President of the United States contributed
by being present and delivering an address,
was the fact that it marked not the one hun
dredth anniversary of the founding of the Ala
bama metropolis or even the seventy fifth, but
only the fiftieth.
1t was in 1871 that Maj. M. P. Barker, civil
engineer, laid out the new town, and Josiah
Morris, Montgomery banker, named it for the
iron and steel city of England. The site Of the
future city was plowed field more than ankle
deep in mud. We are told that the families Of
old Elyton, although they were willing to buy
lots and do business in the new town, would
not go there to live for they asked themselves
why they should live on so feet in a muddy
cornfield when they were comfortable in their
mansions in Elyton. But Birmingham was in
time to absorb the old village of Elyton, was
to pass every other city in Alabama, and, with
population of 17S,270, was to become in 1920
the fourth city of the south, only New Or
leans, Louisville and Atlanta being larger.
And no longer ago than 1871 the ground
where the great city of today stands was an
open field.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
PRAISE FROM EDITOR

1--WE are still hearing nice things about the
beautiful story and the large amount of space
The Age-Herald gave the Business and Pro-
fessional Women's club when we moved into
our new quarters in the Forbes building" said
Miss Mary Craven. '"The other day we received
letter from Miss Elizabeth Scare, the editor
of the Independent Woman, complimenting
US upon the splendid article. She also spoke of
the large number of advertisements appear
ing on the pages which mentioned our organi-
cation, and is most anxious to know all about
our plans so they could be used by other clubs
ofAthe kind.
eve cannot say enough for The Age-Herald
and the splendid publicity given our organiza-
ton, and / am sure l express the sentiment of
every member when l say we appreciate it more
than we can say"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
IN HOTEL LOBBIES
AND ELSEWHERE
BUSINESS CONDITIONS IMPROVING

Business conditions all over the country are
evidently improving" said Mansfield Lathem
yesterday. within the past few days Charles
G. Davis, president of the Birmingham Auto
mobile club, and myself have received word
from Silver Plume, Col, of the fine record made
during the past few months of some silver-lead
producing properties that we own there. These
properties are located in the greatest and rich
est strikes of that famous gold district which
was discovered few years ago and which at
tracted the attention of the entire business
world. In the interim-the war-and business
conditions have halted to some extent the out
put, but with world revival of business
and commercial affairs reaching normally
again, the word comes to us that with the in.
stallation of new machinery and modern de-
vices the Silver Gem Mining company is now
in fourishing condition This just goes on
to show how business is rallying everywhere
and that good times are ahead of us without
a doubt
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
eAou.EznMsAoaotlH
WHAT THEY "AWKED,

From Pearson's Magazine.
W. Reid Dick, the famous sculptor, tells an
amusing story of cockney couple on a visit
to the Royal acamedy.
One picture in particular attracted their at
tention, and they gazed at it long and earnest
ly. It's title in the catalog was Hawking in the
Olden Days"
''Awiking in the olden days" murmured the
puzzled 'Enry, furrowing his brows. swell,
they didn't arr do.it. My word, 'orseback an
aH.' 4 DO : ~ ~ =
Rather" agreed 'Arriet. "But wot are they
'awking?''
BLESSED if know responded the still help
less 'Enry, "unless they're trying to sell their
parrots" -: ~ @ss
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
a MORNING PRAYER
In my WEAKNESS, Lord, do Thou remem-
Der me, and in my joy help me to remem-
Der Thee. Amen.-M. S. B.
SOUTHERN COTTON MILLS FAREI
BETTER THAN OTHERS

Cotton mills operating in cotton-growing
states gave better account of themselves in
the year ending July 81 than those in other
states. They consumed 2,997,675 bales of cot
ton, while the mills in other states consumed
1,S90,218. The decrease in consumption in
the cotton-growing states in this period, COM
pared with the preceding year, 1853 per
cent The decrease in the consumption of the
other states reached 1874 per cent.
These figures taken from the annual report
of the president of the Southern railway dem
onstrate two things: First, that the cotton
growing states have come into their own as
consumers of home product, and, secondly,
that the south, as Mr.. Harrison declares, "suf-
fered relatively less than other parts of the
country during the painful pilgrimage to nor
macy."
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10

Whitefield and Coke, Francis Asbury ranks as
one of the four greatest representatives of the
Methodist worldwide. movement, and in Amer
lean Methodisn he ranks immeasurably above
all his contemporaries and successors.
He planted Methodsn firmly in the new
world and today the Methodists Throughout this
land delight to honor his self-sacrificing spirit,
his labor, his benevolence, his Christian enter
prise, for he was the incarnation of the genius
of early Methodsrn. The presence in our midst
of the north Alabama conference, large and
influential religious body, is the best evidence
that the prophet of the Long Road" did his
work under the Lord. We welcome the dele
gates and visitors to our hearts and homes.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
POINTED PARAGRAPHS

From The Chicago News.
Why owe any person grudge? Let's pay
we go.
Weather strips will soon be classed as long
felt wants.
Don't forget that a mans chief end is the
end with the head on
Some men might just as well be insane for all
the sense they've got.
Now is the time to think of winter hats; It
doesn't cost much to think.
An act of charity pushes man further along
the road to glory than an act of heroism.
Love may not mako the world 60 round, but
it makes the young mans arms go round waist
places. - ~, "a
Baseball players as rule are not poetical,
but most of them believe that a home run in
time saves the nine.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
UNITED STATES MARINES
WILL GUARD MAIL

The footing of United States mail has become
. national scandal. Aiming clerks and convert
ing cars into travelling arsenals has had no eff.
and successful holdups The postoffice depart
ment estimates that more than 100000 was
stolen in the year ending last April 8.
These conditions and fresh outburst of
crime among mail robbers more than justify
Postmaster General Hays in his drastic pro-
posal to use 1000 marines as guards for mail
trains, trucks and postoffices. These marines
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
LETTERS TO EDITOR
SUGGESTION FOR DISARMAMENT
the Editor Of The Aee-Herald /:

To the Editor of The Age-Herald
Permit me to thank you for the Ned Brace
article in Sundays Age-Herald with regard TO
the approaching meeting on disarmament. All
Alabamans proud that man so sane and
wise as senior senator, Hon. Oscar W. I'm
derwood, has been selected as one of the Ameri-
can delegates to the conference. / suppose It
is uncertain just what can be done at the APP
preaching meeting, but even to get the nations
together for this purpose is a decided step in
advance.
l suppose it would not be possible for the ma
tions, who are meeting at Washington to cease
all manufacture of munitions and all building
of war vessels, during the time of these pend
ing negotiations? 1 am reminded of court
procedure. 0ftentimes in trial at court, the
Judge and sheriff see to it that witnesses and
spectators are searched for firearms and dead
ly weapons. 1t will almost be an anomaly TO
have the nations still arming themselves and
still clutching at each others Threats while the
delegates trying to find way to dsarm.
It strikes me that happy beginning for
this most suspicious occasion might be found
in declaring a cessation of all war industries
while the nations involved are to find way to
disarm. You may remember that the Hon. Win
ston Churchill, while first lord of the admiral
ty of Great Britain, asked Germany to declare
holiday in the making of armament for one
year. Had Germany agreed, there could have
been no World war. You, of course, under
stand the machinery of government far better
than I, and this suggestion may strike you as
either futile or so impracticable as to amount
to the same thing.
If it be urged that there would be great loss
on the score of unemployment of workers,
would it not be better and cheaper even to
carry our workers under full pay than to con-
tinue them in the manufacture of the awful
engneery of war, while the delegates sit apart
trying to find way for peace? Would it not
further add TO the good will of all the nations
to attempt at the very first to bring about
holiday for the war munitions workers. 1t
seems to me that it would give confidence TO
Britain and France and the other countries
that they cannot secure in any other way. At
the very start each country would know that
all the others really meant business. Yours
very truly, LYMAN WARD, Principal.
Camp Hill, November T. 1921.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
GOOD ADVERTISING MEDIUM

II am positive that great many people read
The Age-Herald," said O. S. Finch, license in
spector, "for there was short story in it the
other day stating that I was going to put on
four officers to go after automobile owners
who had failed to obtain their 1922 tags Since
that article appeared have been besieged with
men looking for jobs and bet there have been
at least 100 to see me about the places for
four men. I see that it pays to advertise in The
Age-Herald."
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1921-11-10
AN IDEAL DEVELOPMENT

81 regard development of Green Springs park
as ideal objective" said M. P. Messer. at
is so accessible. 1t is the very place for mu-
nicipal golf link and baseball ground. There
is splendid spring water. There could be no
better place for swimming and wading pool.
Mature fitted it for all-day picnic parties.
1t will take little money to make it haven Of
recreation for tens of thousands. No better
thing could be done by the new commission
tkan bring this park to the people"