davidaulloa/AmericanStories huggingface dataset:
The Elk Mountain pilot., 1922-02-23

Ray morgan mas been suffer1ng from
an, attack of appendicitis.
90
Mrs. Harley is able to be about
again. we are glad to state.
Sheriff Hanlon came in from Gun
nison on last Mondays train.
%
Lewis Lucero, Sr., was in our city
Friday and Saturday of this week.
Mrs. Jack Buchanan, who has been
quite i'll with grippe is much better.
The O. Be-Joyful dance was post
poned from Friday until Tuesday of
this week.
Mrs. C. S. Barney left Tuesday for
Denver Mr.. Barney expects to go
most any day.
Jackson Mooney and Herman Het-
terman have accepted work at the
Bulk3ey mine.
The school children as well as the
teachers enjoyed holiday on Wash
ington's birthday.
MIR. and Mrs. N w. Hartman came
in from the Bulkley mine Saturday
and spent the day.
On account of the death of our
school treasurer, Mr. Bailey, there was
no school last Friday.
Tanlac is the ideal strengthener
and body builder for old folks. Sold
by A. Taylor, local dealer.
During the past week C. j.. Diel and
Geo. Speher, Sr., underwent opera
tions at DR.. Alvord's home.
Mrs. Joe Eccher and children went
home on Fridays train after having
spent several days in town.
Supt. Page made trip to Smith
breaker Tuesday. He reported there
was plenty of snow up there.
Messrs Richard Owens and Homer
Flick came in from Gunnison Tuesday
10 play for the O-Be-Joyful dance
Another jolly dancing party was
enjoyed by few invited guests at the
Cain home on Saturday evening last.
Mrs. H. A. Young went down to Pu-
eblo on Tuesday last. Her daughter,
Mrs. M. S. Ford is now located in that
city.
The natural, refreshing sleep of a
healthy body is enjoyed by those who
take Tanlac. Sold by A. Taylor, local
dealer.
Mrs. Herman Voss spent several
days in Gunnison the past week, going
down on Saturday and returning on
Monday.
Wednesday Mr.. and Mrs. A. L.
Jaynes and Mr.. NJ. D. Waldo went
over TO Salida on business. They ex-
pect to be gone several days.
\ Harold Breen, Chas. Carsten, Paul
Smith, John and Chas. Palmgren, and
Matt and Emmett Stobs, all from the
Buckley, were in town Saturday.
Mrs. C. C. McWilliams came in
from Gunnison Friday, remaining un-
til Sunday as the guest of her mother,
Mrs. Buchanan, and sister, Mrs. Han
dy.
Snow-shoeing and coasting are the
popular sport among both the younger
and older people these days. Crowds
were seen in all directions Sunday,
skiing.
Tnnlac corrects stomach disorders,
strengthens the nerves and restores
health through its effects on the ap-
petite and nutrition of the body. Sold
by A. Taylor, local dealer.
The X. of P. members surprised the
Pythian Sisters after their regular
meeting on Tuesday evening and al
though a few were present a very
pleasant time was reported.
o.
Rates at the st. James Hotel in
Denver are as reasonable as can be
found. One dollar per day buys
nice room-better ones in proportion.
All clean, comfortable and we'll kept
FOR EXCHANGE Good level i'm
proved land for irrigated Also sew
erai cheap farms for sale. Easy terms.
Good country store for sale.
NJ. A. BURGESS, Agate, Colo.
The Elk Mountain pilot., 1922-02-23
Newspaper Sued for Omitting Adyer-

Using.
The Daily Phoenix of Musokgee,
Okla, is being sued by a merchant
because the paper omitted running
an ad which he ordered in. The mer-
chant claims loss of $500. The ad
copy" was lost in the newspaper Of
fee and did not appear. The out
come of this. suit will be watched
with interest.
The merchant sets up his own COM
plant that advertising is the life of
any business and when it stops the
business is hurt. He sets out his re-
ceipts for each day following his ad-
vertising and then shows falling off
when the ad was omitted. He seems
to have a clear case against the news
paper.
This is the first case of record, as
far os known, where a merchant sued
newspaper for loss on the omission
of an ad-Jasper (Minn) journal.
The Elk Mountain pilot., 1922-02-23
REPRESENTATIVES, GOVERNMENT

ator NeWberry Notwithstanding his
admission that it was necessary" to
expend upwards of S195,000, to Sc
cure his election, whereas the laws of
Michigan prohibit the expenditure of
more than $3.50, Mr.. ]. A. H. Hop
kins, National Chairman of THE
COMMITTEE OF 48, said today:
'The corrupting influences which
have crept into our public life and
spread like an epidemic through our
Congressional and Legislative Halls
must be eliminated We must find
the disease germ and purge ourselves
of this infection.
Representative government no
longer exists. We demand its res
toration.
"We are focusing our efforts upon
breaking up the control of our trans
portation, industry and credit by the
Banking Group, commonly designated
as Wall Street Numerically, this
group represents an infinitestimal
minority of our citizenship. The con-
troll exercised by this minority is
what we designate as Privilege. Our
purpose is the ABOLITION OF PRIV
ILEGE.
'The personnel of this group does
not interest US. Neither are we con-
cerned with the individual morality
of its members. Our interest centers
in the fact that it represents a sys-
tenn diametrically antagonistic to the
ideals of democracy for which our
forefathers fought Our fathers be-
lieved in the collective wisdom of the
people and their right to rule. These
Wards of Privilege believe that they,
and not the people, are the sole pos
SCISSORS of political wisdom and the
right to rule. They have a cynical
disbelief in the intelligence of the
American people.
Theirs is the lack of intelligence
They have no fundamental knowledge
of our economic situation. They are
essaying to solve problems whose es-
sential nature they fail to understand
Their course of action is invariably
dictated by their conviction that in
serving their own selfish commercial
interests they are serving the public
| welfare. The fact is that only that
which is best for the largest number
is fundamentally sound and political
ly honest.
"'Wall Street already owns Amer
ica. Through an ingenious system of
interlocking directorates it controls
our railroads. Through railroad land
grants it controls our natural re-
sources. Through differentials and
other favors emanating from it's pos
session of our transportation system,
it has built up and likewise controls
our great industrial monopolies or
trusts. Through the profits arising
out of these operations it controls our
credit, and through its supplying the
'sinews of war it has purchased con-
troll of the Republican and Democrat
ic Parties. Wall Streets interests
are their interests; Wall Streets
demands are their demands; Wall
Streets policies are their policies"
--O--
The Elk Mountain pilot., 1922-02-23

Lewis Lucero, Sr., was in our city
Friday and Saturday of this week.
The Elk Mountain pilot., 1922-02-23

Sheriff Hanlon came in from Gun
nison on last Mondays train.
The Elk Mountain pilot., 1922-02-23

Curtis Street in Denver has the
reputation of being the best lighted
street in the United States. 1t runs
each way from the St. James Hotel
where you can get fine rooms for one
dollar per and up-but you need not
20 very high up, for the rates are as
reasonable as can be made.
The Elk Mountain pilot., 1922-02-23

Montrose papers call the ladies of
the Lion Club "Lionesses." Rather an
inconvenient word to pronounce or
set in type. Would it not be cheaper
to say "Cats?'- Olathe Criterion.
The Elk Mountain pilot., 1922-02-23

Bill heads, letter heads, envelopes.
cards. ETC.. printed at the Pilot Office.
The Elk Mountain pilot., 1922-02-23

Mrs. Harley is able to be abou
again, we are glad to state.
The Elk Mountain pilot., 1922-02-23

Mrs. Jack Buchanan, who has been
quite i'll with grippe is much better.
The Elk Mountain pilot., 1922-02-23

Everybody wants to see Curtis
Street when they come to Denver, for
it is one of the best lighted streets in
the world. The ST. James is part of
it, and it is also right in the heart of
the shopping district.
The Elk Mountain pilot., 1922-02-23
Local and Personal

Harry Gibbs was in from Irwin this
week
The Elk Mountain pilot., 1922-02-23

Supt. Page made trip to Smith
breaker Tuesday. He reported there
was plenty of snow up there.
The Elk Mountain pilot., 1922-02-23

Ray Morgan has been suffering from
an, attack of appendicitis,
The Elk Mountain pilot., 1922-02-23

The O. Be-Joyful dance was post
poned from Friday until Tuesday of
this week.
The Elk Mountain pilot., 1922-02-23

Mrs. Joe Eccher and children went
home on Fridays train after having
spent several days in town.
The Elk Mountain pilot., 1922-02-23

Messrs Richard Owens and Homer
Flick came in from Gunnison Tuesday
10 play for the O-Be-Joyful dance.
The Elk Mountain pilot., 1922-02-23

During the past week C. ]. Diel and
Geo. Speher, Sr., underwent opera
tions at DR.. Alvord's home.
The Elk Mountain pilot., 1922-02-23

On account of bridge being ou
between here and Smith breaker, th
rotary was unable to get through las
week and the bridge gang is now a
work putting in the bridge.
New-York tribune., 1922-06-17
Seeks Profits by speeulallnx

oussti.n-Kindly sent mo Information re-
gardlng pacihc Developing company. ane
whether you think specuiatnE ID ABOUT
twenty shares would b. risky. What about
American sugar and American Nopl.n
Il. the former good 90 buy ard sell, that
IA buy a Jew shares and sell so 40 %
make a few dollars on shaTrf ,an ygs
recommend anything whereby nnulH
likely make "a little money in thar way.
fu., now or within the next few months
/ have about thirty-rye shares ot "en.f~l
Motors common. want % sell i WIZ
II gets about 90 II u Is not TOO mlch risN
10 keep IL now. ! paid 10 for same
4. j. X.
Answer-Thc safest way to profit by
speculating is to stay away from IT,
especially II one is out Of touch with
market conditions 70 any extent. We
feel confident that you will be further
ahead in the long run II you stick 70
Investment securities and leave the
speculative issues % those who can AT
ford 10 assume the risks involved. In
sclecting stocks for purchase you
should take only those that pay an m
come at present and give reasonable
assurance Of continuing dividends. Al.
though advances in price paper
profts-may be smaller, you VIII nnd
that you have greater security IL IS
needless 20 add, we believe, that Pa
cifc Coast Development stock, under
the circumstances. Is unsuitable Tor
,our purpose. Although General Mo-
tors common ranks higher. We doubt
whether you should hold this. The
preferred shares or debentures would
be more suitable, in our opinion.
New-York tribune., 1922-06-17
I'm Wall Street
Mexican Petroleum

The hurried advance Of 50 points in
Mexican Petroleum yesterday indicated
that this was one Of the stocks on
which the bear contingent had miscal-
cllated the last few days. The rapid
i.y Of the rise in the last hour led
% the belief that the short sellers
were willing 10 close out their commit.
mcnts for what the market would
bring Mexican Petroleum had two
consecutive factors facing II. One was
the likelihood of an carly agreement
on the Mexican iebt problem and the
other was the fact that the company
will soon publish rs 1921 report show.
INK tho largest earnings IN is history,
Earnings 80 FAR this year are under
stood 20 have maintained high rate.
Yesterdays closing sale AZ i4Sh
topped the previous high for the year
By half n point. The market as n
whole did not follow the fast pace set
by Mexican Petroleum. as the closing
quotations presented highly irregu-
lar picture.
New-York tribune., 1922-06-17
European Beet Sugar Prospects

Recent unfavorable reports on
European sugar prospects, on which
have been partly based the rise in
prices here. have proved premature,
according 20 the weekly review OF the
Federal Sugar Refining Company. The
c0mpany's spondcnts IN Europe
report that In France the rains have
materially improved crop prospects
and that the same Is true in Germany.
shipments ~ sugar from Cuba con-
t.nue to maintain their pace as com
pared with last year's,' thc review
adds. "For the week ending June 10
q total OF i0o.5 tons were exPoftod,
s6 gG2 tons going 10 this country. To
date q total OF 3.20l,267 tors have
been exported. ns compared with l. .60s.-
392 IN the corresponding period last
vear.n
New-York tribune., 1922-06-17

The business revival experienced in
this country has Us counterpart abroad.
in the opinion OF the New York Trust
Company. In support OF this view.
The lndey," published By the com
rany. cites the pig iron production in
Great Britain, France, Belgium and the
United States. "The similarity in the
rise and fall OF pig iron production in
the four countries named is striking"
il says. THE important changes in
production occurred almost simultane-
ously in all four countries. The peak
OF production in each case occurred in
the fall OF 1920. This was followed by
rapid drop which lasted approx
mateiy a year. the low point being
reached in the fall Of 1921. Since that
time there has been a marked revival
in each Of the four countries"
New-York tribune., 1922-06-17
Lima Locomotive
Proposes Change
In Financial Basis
Would Split Common Into
No-Par Stock To BE Of
fered TO Holders Of Junior
Issue at $50 a Share

A splitting up % the common stock
800 rar) Of the Lima Locomotive
Company into shares Of no par value
and tic 0Fering 20 common stockhold-
o-s of record 20 the close ~ business
on July 20 right 20 subscribe 20 l l.3
ahrres o. new stock on the price basis
~ $50 a share Tor each share now held
B. provided fcr In a new financing plan
concerning which stockholders we're
notified yesterday.
Preferred stockholders will not bo
entitled tl subscribe 20 the new COM
mon stock unless they convert their
holdings into common stock on or be-
FORE tic close Of business on July 20.
There are now outstanding 23,b5O
shares o. preferred and 1880 shares
Of common. The amount of stock which
A.ll Pee outstanding after the proposed
francinr will depend in some degree
lpor Che number ci preferred stock
holders who elect 20 convert their
holdings into common.
I'm addition % stock readjustmenti
ere plan provides lOr the redemption
cr 1893 600 FIRST mortgage bonds and
.he expenditure o. $1,000 900 on en-
'. -.r rionts and additions % the com
r-nv's manufacturing plant 80 Lima,
Ohio. Completion Of this expansion
-~oor,m. according 90 J. s. CONN
,ia'ranan OF the board. will result In
an increase Of capacity o. approximate
'y 20 rsr cent.
The stock readiustment will give 70
each present common stock holder two
shares - tho new no par stock IN
order 90 make the total authorized
issue Of new common equal % 3O0O0O
shares. end win provide that the pre-
erred shall 20 convertible into new
common on tho basis ~ two for one
AVID further 20 provide that while any
Of the preferred remains outstanding,
the holders of the new common VII
De- cr.lflei 20 one vote FOR each two
shares held. 49,
Stockholders are asked % assemble
af 2 erecial meeting at Richmond, va
on July Il. % vote on the proposed
changes. including the necessary
.r,.rlmsr. to the certificate Of IN.
coronation. 10 Is the expectation OF
the boa-d of directors that an initial
quarterly dividend Of 81 share VIII
H. raid on The rev common stock.
An underwriting has beer. arranged
FOR and an new common stock not suo-
scribod for by stockholders VIII be
taken up by the underwriting bankers
New-York tribune., 1922-06-17
Stock Prices
UnevenDespite
Late Upturns
,,reeular Advances in the
Afternoon Attributed d
Largely to Short Cover
ing: Mex. Pete Up 813

sD,sulssion yesterday was mixed and
'-.,,sietory tone. In the forenoon,
:. ..4ft execution Of selling orders.
-s,.s o, Thursday brought average
-, close 20 the depressed level at
,.,.,d on Monday, carried many shares
:. -. lowest level Of the week. Later
!. -, day quotations began in a some
a, irresvisr fashion 70 recover. The
..,,, in the afternoon was evidently
~ aseribable 20 short covering.
-, the market all week respond
=. ,,;rsrily 70 internal influences,
.'s.,,sdoral spectators. operating
,.n,, ,sr quick profits, have shown a
'..a,y to shift their positions with
ID s.lsrity. The marked strength Of
.,,,,n Petroleum, which is one Of the
..,;,ic in which the short interest
. ,srmally large. was signal which
..s.,sd short covering in many other
c,,ss
v,si.sn Petroleum. closing at the
s,.,t price Of the year. brought
,eg At the hral sale, showing a gain
4 81 points. il was strong all
,,-.ssh the day The annual report is
,,,.,,ed next week. and is expected 70
~ The story Of a profitable year An
~, reason FOR the strength was the
,,,,e,s,ion Of an agreement on the
,,b,bHtaiion OF Mexico's credit.
yore thar three and one-half hours
,n,- the market closed, Thomas w
i,~on, lseonieally announced that the
MEXICAN agreement had been signed,
,-s later IN the evening a formal
,,,sneni was made public. The meet
,,s o. minds between international
h,-k,r, and the Mexican Minister Of
yu,res was the outstanding event Of
81, week. and marks a landmark in
rs.ions among nations. Since 1914
y,rso has paid no interest on its ma
,oral debt. but during this time Of the
r,sblic's political instability there
las been less doubt Of It's ability than
Il u willingness 10 pay. The adjust
re-. is an important step in the his
p,y of the relations between borrower
ri lender. and indicates fresh
r,srnition OF the impracticali;y OF de-
hrl, is q policy.
Il the other markets. irregularity
prevailed. Most Of the European ex-
,.snr,s were orcc more substantially
,asIer Favorable week end figures.
rains Ia the Southwest and the late re-
covery in the stock market caused a
rss q p 10 50 points in cotton Wheat
eso,siions al the close we're Z TO "
cents ret higher.
New-York tribune., 1922-06-17
speeulatlnr In !. Z. 7. IS

Cueri0n-wli me financial editor please
tell me n In his opinion ~ is wise On lurf
chase for averaclng on bonds now held. as
follows. Two Public Service n New Jer-
rey sinking fund g.. one Nirginisn Rail -
way ist So one International AgricuI-
tural Corporation is' Is. and tell why. in
view of an apparent easing n fhe con-
difions financially f0r the lnferbolopfn
napll Transit refunding 5a, fhnrc should
he reasonable cause for selling o. fuch an
extent - to show apparent realizing D.
large holders'-H +. O.
Answer-We agree with your plan 20
purchase for averaging as far as the
Public Service Corporation Of New
Jersey IS and Yirginan Railway 5s
are concerned, but cannot see the point
in purchasing more Of the lntsrna-
tional Agricultural Chemical 81 if your
purpose is 20 invest c0nseryatiycly as
well as 90 average a papcr loss. u you
are so closely in touch wi'h the bond
market that you can detect realizing
sales by large holders in the recent
trading in Interborough rs. you do rot
need our opinion on tAis subject. We
do know that these bonds werc bought
By traders for speculative purPo'es,
and II il only natura' 20 c.Doct them
70 sell for a profit. They are not in
vestors.
New-York tribune., 1922-06-17

ouestlon-G am ne trustee -
small estate which includes real s-faie
mortgage anf twonty shares each oi f'nh
fylfsnia Railroad common ans AnFfi,hh
sugar Rrf1IuE Company preferred ~.
though 7 was giyan no irTfru flous '1 fnf
contrary i5 ~ receesafy for me ip t"l IT"
stock and invest the money in Oonfaf -
tte income is % gl 20 relatives it r. ap-
srlrf.lv ea@rntiaI tfat fhe Income la as
isrge a. possible - what 40 You think
~ Colorado Industrial o. 1873 rrNlh.
around o.. a. conservative Investment
f0r uanf tD Have YOU any .lff taiilur
10 Offer frr cacfanrlne tte foilowirg se-
curitfcs ffff hy man WIZ llnit'n
msans) 20 Others with higher y'eld and
safar. United Kingdom 51s 1881, l'h-
nos central STA 1888. Kansas city Port
sroft y ,farrufls A.. Gfnsnpfatn q NlIn
convertible 49, $780, Western iarihc D.
Raiffnore G Olio. rrt1hurHh Lake Pre-
a. Wer.rn g. seven shares Union Pacific
common. ten shares American IrlephYh'
and Tolcgroph.-c. IT, n.
Answer Taking up your questions
in the order set down. we would say
in answer 30 The first chat Pennsyl-
yania Railroad stock and American
Sugar Refining preferred arc not legal
investments Tor trust funds in New
York State, and Il sou are bound
strictly by the Law governing estates
you will have 10 dispose OF these issues.
We suggest one each OF the following
bonds. Northern Pacific rcfund.ng ana
irnprovoincnt cs. due 2Otl, yielding
qbout 81 ncr cent. Baltimore g. Ohio
refundine and general 5s, due 1873,
yielding about 51 per cent? and Buffalo
Rochester & Pittsburgh iise, dle 1881
yielding q little better ,fan > per cent.
Colorado Industrial 5s contain a sub
stantial element o. speculation and arc
not suitable even FOR nan unless he
can afford % take a business mans
risk. Your third question ls not con-
sistent. You cannot increase TIE sale
IS Of your investments ard NJ TIC s1i.
time obtain a higher yield. W. e1or'd
faavc this list undisturbrd.
New-York tribune., 1922-06-17
United states Hoffman Machinery

Net earnings Of the United States
Hoffman Machinery Corporation for
May are reported to be about 40 per
cent rs large as for the entire four
months TO April 30. The company.
whose shares were recently listed on
.he stock Exchange. has now entered
rs active selling season, and produc-
tion is stated 20 be running close %
capacity. In number Of machines IL is
running % per cent ahead OF the total
for the best previous year In It's his
tory. "Thc outlook" says an official
announcement. els that net profits will
show their customary seasonal expan-
sion in the second half year. with a
balance of ST 20 sS o share earned on
the 10000 shares of no par stock for
the fiscal year 20 December 81 next"
New-York tribune., 1922-06-17

Qus.tlon-In view n tho reports ~ ne
Famous Players. asky Corporation. Hlii'n
show enrnings 70 r. - fh- rnfe - f~o
and n hnif times me dividend require
merits IN not go why fhf common stock
should he selling AZ level 10 yio.d from
81. 90 90 psr cont ~ far as J can zee
tho company apporrs f1 D. very efIfienfY
and c0naerFatlvciy managed. and ~ the
earnings have been f0nFIsffnfIN good f0r
tho last two or three years conclude That
there must BE- s0ne factons ~ which I an
ignorant which uouii account f0r ne
stock selling so much out N linr with ifa
] would greatly appreciate ii n you would
give me any Information you might have
concerning the anairs of this company
n ". ~
Answer-At present prices Famous
PlAyers-LAsky common stock reflects
the uncertainty surrounding the mo-
ton picture industry This organiza-
tion, 20 all appearances. is favored by
capable management. but with inereas-
ing competition from abroad Develop
ing md with growing evidence that re-
duccd costs Of production must be met
throughout the industry here there is
not little unscttlemert In the situa-
tion. The common stock cannot be re-
garded as other than speculative, al
though 70 may be suitable Tor the nim-
bic trader in position 20 assume the
risks involved.
New-York tribune., 1922-06-17
The Stock Market and Copper

Tic recent violent decline in security
prices on tho Stock Exchange has had
a depressing effect on tho copper metal
market, according % "The Engineering
and MINING Jourral-prcssn which ar
CUES. however that the reaction was %
be- expected after the long upward
swing. Tho reaction. 10 is pointed out.
b. not likely 20 assume large prcpor-
;ions. for the metal is going into con-
sumption az satisfactory rate and
general business conditions continue 10
show improvement. The amount II cop
per sold In the last ten d'ys. 10 b.
stated. has been exceed ngly small. and
although the larger producers are hold
ing their prices steady OK fron i37sc
70 lic delivered, the presence o. snccl-
lativc lots and Offering by nsd.-e ig-
tcrcsts has had the effect NJ d,nrrc inr
the price at which the metal can be OBJ
tanned
New-York tribune., 1922-06-17
Railroad Issues Placed Privately

The practice OF placing privately new
issues Of railroad bonds. whore the size
does rot warrant a public Offering and
the work consequent 20 an ovorsub-
scnptlon, rs apparently growing. Kuhn.
Loeb & Co. announced yesterday that
them In this way The lager comprised
s3.6c2 600 American Refrigerator Tran
sit Company peg cen; equipment trust
notes. maturing l9lf-'c7, and tho other
was S2,10o.o90 Chicago, ST. Paul, Min
nenpo.is and Omaha per cent debent-
urcs. due March 7, 1890.