davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
To Discuss Equipment Notes.

Final plans for ALLEGATION of equip
ment and distribution OF securities in
the proposed financing for the reequip-
ment Of the railroads will be considered
on Friday at meeting of the Associ-
alton of Railway Executives In the New
Haven offices at the Grand Central Ter
minal The call was issued yesterday to
Robert S. Burkard. assistant to the
chairman Practically every railroad in
the country. as will the Railroad Ad-
ministraton, will be represented. 1t was
learned yesterday In the financial dis
trict that the administration Is In favor
of issuing the equipment trusts II the
roads are willing. The plans call for
the expenditure of 100000. 900 for new
equipment for the roads of the United
States The sum OF $3.50. 5000 is to be
raised by the roads through the sale of
equipment trust notes, to be known as
the national car trust. The balsnce
OF $4,000 900 Is to be furnished
by the administration.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
OIL shares Strong.

Reports that |trong fnahciai interests
are buying heavily into representative oil
properties, the fact that the decline of
the previous day In these issues estab-
lished a large short interest and rumors
flying thick and fast In the Street about
some interesting developments in the
larger ones brought yesterday the oils
back into their own. and they swung up
ward again with buoyancy which sug-
gested considerable pressuresfor stocks.
Pan-American Petroleum. Mexican Petro-
leum. Royal Dutch and California Petro-
leum were the leaders. In the case Of
Royal Dutch the fact that It sells ex
rights and ex dividends to-day probably
accounts for its activity. California
Petroleum added yesterday another four
points to the four it gained on the pre-
vious day. going directly against the
market. Underground gossip reports a
dividend for the Junior shares OF Cali
fornia Petroleum in the near future. The
Chicago crowd, which has taken several
good sized fortunes out of the market
in Texas Oil. was reported buying dur
ing the day and adding TO holdings
picked up on the previous day. when
Texas was ambling along some i've to
six points lower.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
GOSSIP OF WALL STREET.
Upturn in Steel.

The upturn in the steel shares, which
furnished yesterday the market with its
cue for a rightabout. hardly could be
called a surprise, although the consensus
of professional opinion at the opening
was decidedly bearish; For one thing.
Wall Street took a second look at the
strike bugaboo. dragged in by the ears
on the previous day. and found 1t to be
not nearly so ferocious as 1t appeared
on first glance. Steel men themselves
are paying little attention to the union
propaganda. Right now they are too
busy taking orders and getting out their
product. Several considerations appear
to be against any serious labor disorders
In the steel industry. One of these Is
the fact that very few OF the men are
unionized. In the case of the Steel Cor
poration the number is very small. In
this case. too. strike would forfeit
valuable bonuses which the employee
has earned. In the case Of Midvale and
Bethlehem, as we'll as OF several other
independents, organizations of represent
tative employers and employees handle
all labor complaints.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
Germans Seek Credit Here.

The denial. cabled by the Deutsche
Bank, that Germany was inquiring for
Governmental loan in this country
was considered by International bankers
as at best only a technical one. While
the German Government has not spread
inquiries for loan here representatives OF
German merchants have. International
bankers in touch with the situation were
rather amused when shown the denial
Several Of them have made the offers Of
and the Inquiries from German agents
the subject of considerable study and in
yestigation The proposal Is credit here
OF something like s200,oo0,O00, to be
guaranteed by German banks and by the
German Government. In the financial
community there is little doubt expressed
that such credit will be established,
probably not Immediately, but at least
during the current year.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23

The spectacular rise OF Central
Leather to its new high record OF 116A
during last week and the week Just pre-
vious apparently was justified from fig
ures on Its second quarter earnings
made public yesterday. Enthusiasm for
the stock, based on these figures. shot
It ahead again yesterday for Az Doint
rise. approximately wiping out the losses
OF the previous day. Its earnings for
the second quarter were three times
more than those of the first quarter.
and at the annual rate OF 1877 for the
junior issue. The earnings. after liberal
deductions for taxes, deureciation and
fixed charges. were 's4,239,345, equiva-
lent after preferred dividends. to 1921
a share on the s3s.701.c91 common.
against 1885 in the first quarter and
1885 in the second quarter OF 1918.
The fine showing of Central Leather re-
vived the talk in the Street that there
may be another extra dividend earlier
than the earnings OF the first quarter
had led the financial community to be-
lleve.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
Group Operations.

1t was yesterday particularly notice.
able that groups of stocks moved in arcs
of their own. The bulk of the buying
power was back of steels, oils, tobaccos
and low priced rails OF these groups
tobaccos were the most steady and con-
sistent gamers, and in them the short
interest apparently had the easiest run
TO cover. General Cigars was in de-
mand at the new high figures. and closed
the day with gain of 4 points: Tobacco
Products again crossed par. with more
than points net for the day; Lorillard
advanced 81 points, while smaller
gain was registered in United Cigar
Stores. The tobaccos traded in on the
curb market were under process of
accumulation after brief weakness at the
opening.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23

Announcement was made yesterday
that the shares Of Royal Dutch Of New
York will sell ex rights and ex dividends
to-day. The rights were admitted yes
terday to trading on the exchange, With
the rights selling at 20 and counting in
the dividend OF $500 will deduct 23
points from Royal Dutch's sale price to-
day The rights give the holder of the
stock of record on July 7 the privilege
of subscribing to a share at par for
every four held. The dividend. payable
on August s at the Equitable Trust
Company for both the New York and
American shares, amounts to S3.0935.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-23
BONDS IN NEW YORK STOCK EXCHANGE
Tuesday, July ~, 1919.
RANGI
E1BERTY BONDS.
1yIy.
S13,142,000
A-AaA

Days sales ................... $751;
year TO date. ..................... 1Szo,6
u L,
The sun., 1919-10-23
MARSDEN GUILTLESS,
SAYS COMMANDER
Naval Officer Denies Graft
Charges at Courf-Martial.

Lieutenant Commander Christopher
Marsden made a sweeping DENIAL of the
charges OF grating yesterday at his
court-martiai In the Brooklyn navy yard
He became angry under continued cross
examination, and when he was reminded
OF the testimony of Louis Markowits
that Markcwitz had given him 5000 IN
connection with the enrolment Of Michae!
Schear in the. naval reserves he ex-
claimed: That's lie"
Marsden said he was SO years old and
had followed the sea for thirty-five
years. He was enrolled in the Naval
Reserve Force In 1917 and made head
of the district recruiting office in Man.
haitian In February, 1918. remaining
until last July. He made four voyages
through the war zone and was COM
mended by the Belgian authorities. Dur
ing the questioning Marsden denied
every charge made by Lieut.. Benoit j.
Ellert. who has confessed to grating
Commander Gustave Hanus a mem
Der OF the special court-martial board,
asked to be excused from sitting in the
case. and the request was granted. He
then asked leave to introduce in the
record letter he had sent TO the Secre-
tary of the Navy giving his reasons for
inability to exercise unbiased judg-
ment In the statement he said:
II deem 1t my duty to inform the De-
partment that 1t will require unimpeach-
able evidence to convince me of this off,
GERS guilt. From my previous knowl-
edge Of him, should he go on the sta nd
and contradict self-confessed crooks all
testifying under oath. l should believe
him"
The sun., 1919-10-23
PACKERS MONOPOLY
or FOOD CHARGED
Lawyer Says "Big Five" Are
Spreading Activities.

CHICAGO, Oct. 22.--Charges that the
big Five" packers are attempting 70
control the entire food industry IN
America were made to-day before the
Interstate Commerce Commission by At
torney Clifford Thorne, representing the
National Wholesale Grocers' Associa-
ton.
Attorney Thorne is chief counsel for
the association in its fight against al
legged privileges granted by the ran-
roads to the packers In the transporta-
tion of food products other than fresh
meat
To-day the Swift, Armour. Wilson.
Morris and Cudahy interests control
over three-fourths of the business or
interstate slaughterers throughout the
United States" Thorne declared. The
activities of these Ave packers, espe-
cially of Armour & Co., Is reaching out
In the food industry In all directions
into the production. manufacture, dis
tribution and In some notable examples
into retail stores and hotels They see m
to want to control the food industry
from the time the seed germinates
until the finished product enters the
mouth Of the consumer.
I'm this case we are asking that you
shall order the railroads TO deny to
packers the privileges of loading In
their refrigerator and peddler cars those
foods which are not the product OF
slaughtered animals requiring refrigera-
tion."
The sun., 1919-10-23
WALLSTEIN FIGHTS
CRAIG'S STATEMENT
Former Commissioner Denies
City Won Victory in In
junction Suit.
SAYS COURT RULED "NO"
Dispute Over Question Of Es-
innate Boards Right to
Issue Stock.
SAYS COURT RULED "NO"

Leonard M. wailstein. former Com
missioner of Accounts, gave the lie TO
Comptroller Charles L. Craig yester-
day after the Comptroller had issued O
statement In which he said the decision
OF the Court Of Appeals rendered on
Tuesday affirming the injunction issued
by Supreme Court Justice James &,
Cropsey restraining the city authorities
from issuing 34.6o0i000 OF corporate
stock to pay the expenses of the Public
Service Commission was a victory Tor
the city.
Tho question bearing directly on this
phase Of the issue that was submitted
TO the Court Of Appeals by the Appellate
Division was:
HAS the Board of Estimate and Ap-
portionment OF the city Of New York
power to authorize the issuance OF cor
porate stock of the city of New York
to the amount of sf,5oo,ooo under the
resolution of February Z, 1919, and 10
apply the proceeds thereof as provided
by said resolution
In a statement on the decision issued
yesterday Comptroller Craig said the
answer OF the Court of Appeals to this
question was Yes"
Justice Cropsey's original injunction
was issued In taxpayers action
brought by william Jay Schieffelin who
was represented by Mr.. wallstein. When
shown a copy OF the Comptroller's state
ment Mr.. Wallstein said
IT am reluctant to believe that Comp
troller Craig intended deliberately to
misstate the decision Of the Court Of
Appeals. The Comptroller says that the
court answered yes to the first question
submitted by the Appellate Division.
''The official report of the courts de-
cision as published In the Ldto Journal
to-day and as contained in the telegram
which have received from the clerk Of
the court very clearly shows that the
court answered No to that question"
Comptroller Craig's statement with re-
spect to the decision said in part:
The city OF New York gained a
sweeping and conclusive victory in the
Court of Appeals yesterday in the at
tack made upon It last February by the
Citizens Union, in regard to the refund
ing of special revenue bonds issued to
pay for subway construction by issuing
in lieu thereof rapid transit corporate
stock to meet the moneys required for
such purposes.
THE Court of Appeals held that the
city has absolute power to authorize the
issuance of corporate stock. as provided
in the resolution Of February Z, 1919,
and to apply the proceeds as provided by
such resolution. The court further held
that the procedure followed during the
fusion administrations in regard to such
matters was erroneous and Illegal and
that the present Board of Estimate and
Apportionment has power to correct the
improper action of the fusion adminis-
trations"
The sun., 1919-10-23
EVICTED FAMILIES
USE ARMORY KITCHEN
Guardsmen Aid Some in
Finding Homes.

The eeicted tenants who are camping
out In the Twelfth Regiment Armory
had for breakfast yesterday porridge,
bread and butter and army coffee,
cooked in the armory kitchen, and while
the women folks were making the bar
racks tidy and taking the kids out for
walk the men began the dreary round OF
hunting houses. Their Job was made
easier by the guardemen detailed by Col.
Burr to track down advertisements and
leads furnished by real estate houses.
In the morning Washington Heights and
Brooklyn were ransacked for homes and
several of the families were found new
locations.
The camping out party was the work
OF Nathan Hirsch Of the Mayors Com
mittee on Rent Profiteering, who not
only made the arrangements for the use
Of the armory, but had the Fire Depart
ment furnish tarpauins to cover the
evicted household goods on the sidewalks
and obtained a special police guard for
the night. The tenants will be the guests
Of the State until they find new homes
The sun., 1919-10-23
SIR Ian MALCOLM NOT COMING.
No Successor Named to Col.
Thesiger, British Consul Here.

LONDON, Oct. 22.-There is no foun-
dation for a published report that Sir
Ian u. Malcolm, who accompanied the
War Commission, headed by Arthur J.
Balfour. TO the United States In 1917.
will succeed Col. Wilfred G. Thesiger
as Consul-General at New York.
The Associated Press is officially in
formed that no decision has been
reached as to who will succeed Col.
Thesiger, who resigned recently on ac-
count OF illness, but that Sir Ian will
not be his successor, --
The sun., 1919-10-23
BRITISH PLAN FOR
EAST NAVY DEFENCE
Australians Told Annual Cost
viii Be 9S,S5O,OOO.

MELBuRNE, Australia. Oct. 22.-The
report of Admiral Lord Jellicoe concern
ing the navy defence Of the Far East
has been laid upon the table of the
Australian House of Representatives
Admiral Jelficoe, who has been making
a tour Of the British dominions and de-
tendencies to consider plans for their
naval defence. says In the report that
the naval interests OF the British EN-
pire probably will demand within the
next five years a strong Far Eastern
fleet, comprising vessels of the Royal
Navy, the East Indian squadron and
the Australian, Canadian and New
Zealand navies.
Admiral Jeliicoe estimates the an
nual cost of the Far Eastern feet at
$9S,S5O,0O0.
The sun., 1919-10-23
FIRST AIR FREIGHT IS
HERE-HAIR TONIC
800 Pounds Brought by Easy
Stages From Buffalo.

To three dozen packages Of hair tonic
belongs the honor OF being the first
freight ever transported by airplane be-
tween Buffalo and New York city.
The hair tonic. Weighing $50 pounds,
arrived yesterday at Roosevelt Field,
Mineola, In a Curtiss airplane piloted
by Leo Chase. The plane left Buffalo
on Tuesday and hew down by easy
stages. The reason for the use Of the
air instead Of the railroads was given as
the freight embargo and longshoremen's q
strike. From Roosevelt Field the
freight was taken TO New York by ma
tor truck.
The sun., 1919-10-23
WOMAN DIES IN AMBULANCE.
Coilapses When Arraigned q
Fagrancy Charge,

During hey arraignment In Woman's
Day Court yesterday before Magistrate
Marsh woman, later identified as
Emma Jones, A. of 325 West Forty
first street, charged with vagrancy sud
denly collapsed. Attendants called an
ambulance, but on the way to the hos
pital she died.
The body was taken to the Charles
street police station.
Death was due to natural causes, ac-
cording to the police report.
The sun., 1919-10-23
D. M. McBEAN LEFT $21s, ,0es.
Appraiser Reports on Estate of
Well Known Engineer.

Duncan ID. Mclean. contractor, who
revoiutionized modern tunnel construc-
tion and whose numerous engineering
feats remain as monuments to his genius.
left a net estate of S213,068 on his
Death in the Waldorf-Astoria Hotel In
February. 1918; according to the Trans
fer Tax Appraisers report, which was
filed yesterday In the Surrogates' office.
His total estate was appraised at
s333.360. Deductions for debts aggre-
gated more than 100000. the largest
single item being $4,000. a loan from
the New York Trust Company. Stocks
and bonds form the bulk of the estate,
which is divided between the widow,
Anna c. Mclean. and a daughter, Mrs.
Isa Mclean Bindley OF Norris. Ill.
The sun., 1919-10-23
BAN ON TOBACCO IS
PLANNED IN CANADA
Bill to Be Submitted Prohibit
ing Smoking and Playing
Cards in Dominion,
By a Star Correspondent Of THE Sun.

OTTAWA, Ont, Oct. 22-The Govern
ment proposal for purchase Of the Grand
Trunk capital stock is the objective of
the opposition artillery in the big Parlia-
ment debate. and II was reinforced to-
day by Brig Gen. Mclean of st. John.
N. b.. a Government supporter on most
questions. He anticipates the arbitra-
tors will allow inflated values TO the
Grand Trunk far in excess of real value.
Following long speech, d. d. McKen-
zie, acting leader of +he opposition Of
food amendment to the Government
resolution. asked to oefer action until
next session.
The majority OF 2bS,0O0 for prohibi-
ton in Ontario is being steadily In:
creased by returns from the rural dis
tricts There is no longer doubt about
passage Of the two prohibition measures
before Parliament. One provides better
legal means for prosecution Of offenders
living in other provinces from that in
which the offense may be committed I;
the other aims to provide for prohlbi-
ton of importation ana manufacture in
any province through a pleDescite.
j. II. Burnham, member for Peter
boro, has given notice that he will offer
an amendment to the bill, 80 that q
plebiscite may be taken for prohibition
Of tobacco. playing cards and wearing
Of feathers of wild birds
Revised returns from Ontario show
that the United Farmers hold As seats,
the Liberals 2s, Conservatives rs. Labor
u, with one soldier and one Independent
Liberal.
1t is acknowledged here that the On
tario result has killed the proposal for
Unionist party. The Conservative
party will survive along with the Lib
eral party, and the Libeal Unionist
element will go to one side or the
other, but will not return as a distinct
group.
Under Farmers'-Labor alliance in
Ontario the two groups could carry on
Government, but would have a ma
jority OF only one. A Liberal Farmers
alliance Is being considered.
The sun., 1919-10-23
PEASANTS DEMAND
p FERDINAND,S ARREST
Confiscation of Royal Prop
erty Also Is Urged.

GxNEvA, Oct. ga despatch re-
ceived here from Belgrade, Serbia says
the powerful peasant party in Bulgaria
demands the arrest and trial OF King
Ferdinand. and also OF former Premier
Radoslavoff and Malinoff as being re-
sponsible for the war and leading Bull
garia into misery and the loss of
provinces.
According to the despatch confiscation
of all the royal possessions also is de-
manded.
The sun., 1919-10-23
$1,000 for Death In "L" Crash.

Mrs. Mabel J. Matlock received yes
terday q verdict of $4,000 in the Brook
lyn Supreme Court against the New
York Consolidated Railways Company.
The suit grew out of the Malbone street
wreck on November last In which more
than ninety persons were killed. Her
daughter. Ethel Margaret. a stenog.
rapher, was killed.
The sun., 1919-10-23
FOURTEEN BURNED IN BLAST.
Two Missing and Four May Die
After Baltimore Accident.

BALTIMORE, Oct. 22.-Fourteen men
were badly burned or otherwise seri-
ously injured by an explosion of gas on
board the Standard OIL tanker w. II.
Tilford at tine yards Of the Baltimore
Dry Docks and Shipbuilding Company
to-day. Two men are missing and four
Of the victims may die.
Officials OF the dry dock company
were at loss to explain the accident,
but some of the injured men declared
that match had caused the explosion.
Fire, which followed. was quickly ex-
unguished. and the dsmagesto the ves-
sci apparently was not great The
tanks were empty. They were tested
yesterday for gas and pronounced safe,
officials said.
The sun., 1919-10-23
By the Associated Press.

TORONTO, Oct. 22.-The strongest party
In the new Provincial Assembly, accord
ing to complete returns from Mondays
elections. will be the farmers. The lead
er of the United Farmers is expected to
be called upon TO form new admins
tration in the event OF the expected
resignation of Premier Sir William
Hearst. Adam Beck. chairman of the
Hydro Commission. who was defeated in
London. where he ran as an Independent
Conservative, is most frequently men,
toned as Sir Williams successor,
The United Farmers have forty five
of the Ill seats and are exp>rted to
form a coalition with the eleven labor
members, the one soldier and the one
Independent Liberal, giving them a ma :
1ority OF five. Hartley Dewart, leader Of
the Liberals, as head of the last official
opposition. probably will be first called
upon to form ministry, but 1t is con-
sidered unlikely that he will be able to
form any combination which would give
him ma jo-ity in the House.
The sun., 1919-10-23
Yesterdays Fires

I2:So-l4l4 6th av.; Pembleton Hat
company ...............,Un Unknown
2;S0-64b 10, 18th ST.; American
Pastry Company Trifinp
4:l0-97S Il. l65th ST., The Bronx
vacant lot; Samuel Lipschitz Trtfiinv
b:ob-ls5 Columbus av.; Gustave
Stanzone ....:.,..,.,..... Trifinx
6:s6-1ss 7th av.: Flshbin. Bower
* So''' s.....,........ Trif1inR
5:3b-2sS 81. AIMS av,, The Bronx;
Louise Gohelman. ....... TrIfipy
The sun., 1919-10-23

ever the questions Of value and capi-
talisation ard insure that hereafter the
charge that railway capitalization Is ex-
tensively watered may be put at rest"
Under these voluntary consultations
the capitalization must be equal TO the
aggregate value Of properties consoli-
dated, as fixed by the Interstate Com
merce Commission under the railway
valuation legislation now In force. Thus
when II is, complete the total OF all
securities will exactly equal the value
of all the properties as thus determined.
The same rules will apply in making the
compulsory consultations which are pro-
vided for after the expiration Of the
seven year period, II not all the roads
have before that been included In the
voluntary conaolIdationa.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-03-30
to Attract Permanent
Residents
and TULSA Nill Grow

The naturalist who knows something about the habits of birds
has learned too bit of philosophy in city building He knows
that he expects only paow to build the trees of his back
yard he has only to leave the dead grass there with few feathers
and pieces of string
But if he wants the singing he must build the particular
kind Of house the wants, and the is true of the
martin And he wants the orioles to be his neghbo he must
have trees with long swinging branches because orioles prefer
such trees In short the art of attracting bdbudes demands
first acquaintance with what the birds like and second
an effort to meet that liking more than half way.
Cybuding philosophy has very much the foundation
To attract permanent residents there be built homes which
permit residents will like The city, in its residence section,
must reflect pemanence in building the stranger going
to be impressed with its desraby place in which he will
Realizing this truth owners of Rdgwood addition have placed
building restrictions Of from 81 200 to $500 each lot which
Sre the class of dwellings that speak for permancy This
that the orioles instead of the sparOws municipal
life will be your nghbos if you buy and build in this addition
Opportunity is afforded the of modest by this sale
his home restricted district a much less than
property Of lower value be purchased mile further
moved from the business district Z,