davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Private St. Entrance to
Each Apartment Suite
Innovation for I6-Story Co.
operative House To Be Erected
on Block Front in Park Ave.

The sixteenth story cooperative
apartment which will be erected on the
Park Avenue block between Forty
ninth and Fiftieth streets. recently an
nounced IN The Tribune, viii have
separate street entrance and private
elevator TO each Of the larger apart
ments, according to announcements
made yesterday.
Robert G. Ebert. assistant manager
OF the McAlpin and Waldorf Astoria
hotels, has been appointed manager OF
the proposed building and Will open Of
noes within the next few days in the
Equitable Building, Madison avenue
and forty-tifth Street. 80 that he can
devote all his tine to the new enter
PRISE, having severed his connection
with the Thirty-fourth Street hotels
Since the announcement of the pro
posed structure Douglas l. Gilman &
Co.. agents for the property have been
besleged with inquiries concerning
apartments.
The ground floor is TO be occupied
by the Louis Sherry restaurant, tea
rooms, cafes and ballroom. and, It IS
announced, will supply 70 tenants men
and women servants 10 any number de-
sired
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Realty Back to Its Own
After Years of Depression
Expert Tells of Present Condition of Market Com.
pared With the Old. He Declares That Real
Estate as Investment Has Come Back to Say

unnecessary TO go into details as 70
the changes in rental conditions. Al
the prevailing prices the cost of con-
structlon has more than doubled; the
mortgage loans have not increased
Inc increased cost means that much
more cash lnvestments for the builder.
ms Is only one OF the reasons why
there IS no building activity.
me delay IN obtaining material is a
serious obstacle; 50 is the constantly
increasing prices Of material, the re-
su!ting abandoned contracts, the scar
city Of mechanics. the slowing down Of
labor and the resulting loss Of time in
progressing with the work.
should prices Of material and labor
conditions be stabilized so that build.
ers could get a fair idea Of the cost.
and should they feel that new building
operations would be warranted. little
betterment would result, because here
10 scarcity of mechanics. There are
no apprentices IN the building trades.
and we cannot hope for any immediate
improvement in that direction.
An Attractive Investment
Real estate in its present condition
offers a better return than any other
Aoiih OF investment, paying three times
as much as high class bonds with hard
~ any more trouble. 1t is easy 10 care
for, and the control is absolutely in
the hands of the owner. The cost Of
production is great deal higher than
completed buildings can be bought for.
There is no possibility of building on
even moderate sea e. With houses
100 per cent rented, tens Of thousands
OF families in desperate need of suit
able place 10 live, no way Of taking care
of the natural growth Of the city.
which is figured at the rate OF $4,000
famllies year, these arc al good res-
sons why rents and values must go up.
Rcal estate as an investment has
come back. and II is here to stay
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

spective profit which those securities
will surely bring upon resale before
maturity. This one fact has taken out
OF the market for mortgage loans bill
lions of money ordinarily available for
mortgage loans.
Cooperative credit institutions, the
second class, have loans of $4,000 ,OOO,-
600 on mortgage securities. The Dor
rowcrs are not persons Of established
credit rating, but the system provides
for fair amount of proof of thrift and
honesty and for a rapid and easy amor
tization of loans, thus giving protec-
ton against any absence of the usual
banking safeguards. The success of
these institutions has been remarkable,
especially in the older settled parts of
the country. However, we cannot all
agree with the enthusiastic claims of
those who claim tho millennium will
result from a mere copying in America
OF the methods which have been de-
veloped under the lower economic
standard of countries just emerging
from fcudal systems Of land tenure or
forced to care for peasant type of
people.
The banks, and especially those
Mons of smaller capitalists, including
the wage earners, have about $4,000,
100000 or even greater amount
loaned on mortgage security They
have found this type of security better
adapted to the dividend requirements
OF their depositors than loans on
real estate. They have found that
such loans furnish such a degree of
security and certainty of liquidation
that their dividends can be maintained
at.o above the rates usually paid upon
government bonds.
But it must be remembered that de-
poslts in savings banks practically
rest upon demand basis. Therefore,
the managers of savings banks must
limit their investments in mortgages
to such proportion of their assets as
VIII enable them at all times 10 mnet
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Scarcity of Mortgage Money Not Due to System,
But to Economic Conditions Which Affect Source

the requests Of depositors and at the
same time have their funds earn the
largest amount compatible with safety.
Savings bankers are trustees, not spec
ulators.
While savings bankers are especially
charged with the promotion of thrift
and the encouragement of small but
systematic deposits, their work is never
to be regarded as charitable or phil
anthropc.
Mortgage Loans from Banks
Efforts have been made since the
armistice to obtain pledges from saw
ngs bankers as to the amount Of mort
gage loans which they will take 1t
has even been represented that such
loans should be restricted to new con-
struction. Such efforts are fostered
by those who desire sudden expan-
sion in building activity.
The fact that bankers decline to
mako any such pledge in excess of the
normal course Of their business is TO
be noted as a credit to the idea of
savings banking rather than otherwise
Their attitude cannot properly be CON
sidered rs indicating the inadequacy
OF n system
Any inadequacy which exists in this
connection is to be charged directly
TO the much discussed and often
proved tendency Of the great mass of
the people to spend their inflated earn
lngs rather than to save them for the
purchase Of homes, for future invest
ment or to provide for the proverbial
rainy day.
Also it is not for investors, or espe-
cially for savings bankers, to carry
the risk involved in new construction
as it exists to-day While we appre-
ciatc the present increased costs of
materials and labor and that high
prices must continue, there are in
herent difficulties in arriving at any
fair appraisal of contemplated i'm
provcment, and we must also anaiyze
the probability of rental returns and
as to how long the present artificial
rent scale may continue
Builder Aims to Shift Responsibility
The speculative or investment
builders almost invariably attempt TO
shift the entire responsibility for these
risks to the prospective mortgagor-
and the so-called housing companies
of semi phianthropic aspect, but which
operate upon net interest basis, often
present items of building cost which
never have been considered elements
of security value.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Capitalists, Banks and cooperative
institutions Have Limitations: Gov
ernment's Propaganda Has Attracted
Money to Federal Securities; Philan-
tE'ropy Is Not Business Prccept

comparative uniformity in mortgage
conditions throughout the country.
Mere difference of names does not in
dlcate chaos OF system. To establish
this we may note that whatever the
form of the mortgage or other condi-
tlonal conveyance, nothing short Of an
absolute deed viii obviate the neces-
sity for foreclosure if any equity is
claimed by the borrower. The prin-
ciples and procedure in real estate
mortgage loans are remarkably uniform
throughout the English speaking
world.
Comp aints evidently arise not be-
cause of real defects in the distinct
lveiy American mortgage system, but
from en- forts TO obtain special legisla-
uon because of the present low ebb Of
funds to be obtained through accus-
toned channels.
careful study OF tho situation
might reveal need for revising the
methods of tapping the great sources
OF supply and means for distributing
mortgage investments to the public
quite as much as to warrant Jumping
to the conclusion that there IS ''I somes
thing radically wrong with the owners
and managers of the funds available
Tor long-tcrm mortgage investment.
sources OF mortgage Money
Mortgage funds are obtained either
from lD capitalists, or (2) by CO.
operative credit, or (3) from bankers.
Each of these sources has its limta-
tons, and there are distinct economic
conditions which affect all.
Capitalists, the first source. sell their
funds on the best terms which can he
obtained, regard being given to both
present and prospective net return, and
to the equality of the security offered
"The effect of the Importance of the
net return upon capital brings to mind
the present supply of governmental Sc
curitics Money leaders are able to
secure a return of $ per cent or better
through the purchase of certain issues
Of Liberty bonds and still eniov q nrn-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Camp Well Known to
New York Bows Leased

The property known as the Blue
Ridge Camp, where for twenty years
thousands Of New York City boys have
spent their summers. and the College
Inn, both owned by the Rev. DR.. David
Davidson. Of this city. have been
leased for two years. at $4,000 a year,
with the option of purchase Both
OF these properties are located at Cool
baugh. Pa, between Strouds burg and
Bushkill.
The new lessees are the White
Brothers, of Boston, Mass. owners of
the Vest Shore House. White Lake, N
I. Arthur MsysrA q the RRxm Findszu
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Space for SILK Firms

William A White & Sons have
leased for the Manhattan Leasing Con-,
pany space in the building at $685.
Broadway, which they have under con
tract for purchase. 10 Browns Sham
rock Linens, Inc, Howard Chlchsstef
Bartlett & Heminway SIX Company
and Thomas Carter & Sons.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
By John J. Pulleyn

President Emigront Indus triol SAP
ings Bank, Chairman Committee
on Amortization of Mortgage
Loans, Sarings Bank Section,
American Bankers .Associa tion.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Hardships of the Landlord
Section VIII-ReuL Estate

IN Section VIII of to-day's Tribune you will
ma some splendid stories on the remarkable condi-
tons IN the local Real Estate Market You also
Will ind advertised there many unusual opportuni-
ties to purchase high class Real Estate for invest
ment or use. Look at Section VIII.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21
pEmoNsrRArIoNs Held AT
MCDOWELL oRooETERIA

The Mcdowell uroceteria. the pop.
ulaf cash and carry on The corner OF
fOarth and Central venus wan the
iuration 81 iva cemnnstrntinne today.
The Methodist ladies held a ON
cooking dsmcnairation y sale this
mornine.
Mr.. H. ,. Milan. representing the
q. l. Gregory company o. Roger
Arkansas. - holding the closing DEM
cnstratIun and sale Of their two brands
ozark and Elkp v~inerars He leaves
tomorrow Tor ffuibrook. Arixona. He
placed Two carr o. their products with
ALBUQUERQUE whulsalera.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21

NJ. a y nna.s Who has jupt ro-
Mfnca Ifnn a tflp 70 tnr home Tao
tory o. the canluAHY IN run ,ntHy with
aa4afai Interested parties received the
lrllnUInn very MnminnNhr irttrf fItsW
samuai Anaya. a NcN MeSico sheep
man
hnktf Steamer M~anoiaciuflnH 20.
AIhugaff lus Wv Ntxiec.
take trtat pleasure IN stsiiur that
I consider year Ia<rf ateAner . Nurt
winner. I have just returned from
Pueblo. Coluradn. where ! spent four
datH inspecting Nour great fiHui
rE1ra The Haifr aisaHnff j. mtni-
nttured. unl waut 70 ray thef tuuf
uIani and YOUR product were a rrtel-
alton a. mo. without question thr
4ieam driven euiomobile has come g.
nny The fIuIr u flnr for ~ ucrent.
aDee ~ m public. n cffef- q
rConanllctl means Tor the operation ~
automobiles AMT the engine trouhle'
are reduced 10 a minimum. " not
completely overcome.
desire 10 add that ! am 20 favor
ably Impressed with the Hakef HieuW-
~ tfnt have pnrChaard tleNni
worth 81 atock, confident that ! vii
suun realize u handsome return.
Nefy truly yours.
SAMUEL ANArA
Mr. rrncs - no~ displaying . veri
iniefsaiIn1 window showing snanv 81
the accessory pnrit % me Baker cst.
al hia offices ch Fourth street.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21
TOURING THIS YEAR
TO BREAK RECORDS


'Auiomoblle touring will be nj.
tlnnnl paatine this summer" said
Mr.. H a. tIklnH today. The great.
general pruGpcrify. d improa emcn
N road conditions and the fact thai
Europe Ia SIN closed 10 siehtseers
are the =
Every motofiat I know " consult
INK guide books and hurlly ~cciicctiuf
route Information W preparation for
the lourlnr season ust ~ onl, q Few
weeks away And reports from AT
over the country Indicate that ihc
hlahwuya will be IN better rendition
this Year han yer before.
This aunefHl r~rcraration for
spending the hot months IN motoring
has been OF M hieHeet reasons
Tor tho popularity 81 he krscx. pco-
pie looking for a crr for tourluF pur-
poses want one that " comfortable.
that hes plenty Of power for the hlif
and that VII withstand The hariea
kind OF service.
"a - - eaay 20 control and the
arafn ARE 40 deep and luxurious. that
the innrcai joufucyn may be mudo
without discomfort and fatigue. The
backs o. the rcata support the should
en- the contrul lever nre within eaff
reach and there b. lore room pro.
portionatsly than ~ found in most
seven passenger cars.
But the point 81 greatest import
anCe 70 tho tourist IL the extent Of
tho organization behind his RAJ Road
accidents will happen. aud when theY,
Do. "a h. esseutlnl that be- obtain nH-
Hlatance quickly without having 10
wait for help from aome distant clty
The orr~aniEafion behind the ~
sex r. 30 extensive That her la rcaroe-
~ n cross-r roads VILLAGE whci~ n b. not
represented. These dealers carry r.
complete supply Of parfa for, nrT
emerrency and are ALWAYS ready 80
b. of every assistance 20 the tour.
ist."
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21
s ss'ss,s sisa s,s &c M S

&. y Miller states that h. T. very
much plrarfd with the rcannrse 81 the
A~IhuQutIIuf pablo o. ne pIuu4tr
work b. ~ doing Tor \ Crystal
wnnh|ft4 MachInc nna Simplex irunof.
Ne states that Although these hirh
grade aomtstir appliances ave meet
inr with marked Success IN the oArf.
the work LOCALLY ~ rev.. hui that tho
many advantages.
Ar n. n. M~rt1ner. district manager
% tho uumrNflc Appliance Company,
Denver. Colorado. h expected 10 ar
rive IN Aibuu1eruua the latter parf ~
the week % 80 uftr the field with
Mr.. Miller.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21

4. ~ -,A>.. s.s>- a. .na Of
K. e. .ss's'p as %
s.fo NO. ~ ..Itt "a. rIefe Than
2. ot -'e ..sass The
~ '%s.s 's;.'s -s'e:fs !. ~ 's:' .. "a
~ s-x's.r sss ~ 10. ~ s.a -. :.
hem ~ Haven. Under ne leader
tA.n " ch.f'e< y .iaflant. fermer
j1IItI I1aAIII1h. tId nos Iost 4 Autfls
,..,'. tss t..:".e Z. se. .'..
49, ~ = |'forr tttn r>.t ree4oh
fht New EusIsna |ntslront1iAtf
14|HrIeo<hIp w. resumed On thp
t@IfI.I ~ l~1nftt4d rficktt rIeb' NJ
-..al ha1<if. fnsti,1st n rethnqlofs
M event aufAcl11 a good tnfrt and
Nh &eI ni&Itd Ntoter& ~ ne New
NII|4n4 Int toiIfEiait Tennis asEo-
trfr "a snant lnssr<1 ha.nsiic
s1afnsmsnt< uhIch attracted players
tn.ns a. pfrfasAtoff tthcoia
ft~ nt-f~tho<@-uc tcufnamrus-
rtft quttr a featurt q me- season foF
f|I| |Hff3fWt IFt"tft"A INV NtNu-
-~1Irenla resumri the tournArtnts
a. var, A numhtf uf fhoee events
N1I< arranged ~ other srctluns 90 y
<enFtgy. An tn~es-rstion ~ nsIf im-
11t<1nre can b. ontaInrd from he
lfunI1rn1a given ne ohio l.fofschoI-
pst snempien<hip held o. ohio STATE
Is Ire .a.aa,, ives, w.ls,r west
tr.A,t - N.chI24n and Ffiu nssfian
- Indiana rsrs two q the MOS, prom
en|le ; rr1ofd 10 ~ eps las Summer
4nA IHnrtlsn = Remembered for his ca
raI|euI rarnrd "a the Junior CHAMPION
milo ~ h thought that both ~ them
viii cnunHta Ia fnmo 90 tna Important
eIsiffn ffsnia this stnlmer.
nrstdfxtlen a. -thsdnies vas gem
erpi n.pnctIcaily oeery college where
tfhnl4 ta1 ben played ~ The past
M infHf1fh 1iA4iIr championship n
-. re...asl,-hss 2 vin es PLAYED
.i<iphla On ~s<rtrmh<r sth.
u = fat that m prominence Fivsn
,<npls nm ~prin< Que n part q
~ ~ ss, ass.s q sns s .ssss se Ss.i
"a ~ me~sinr last ~inssf 70 recon
prsrIss saenci<af trnnI. equipment 70
,n<<1 Tho needs ~ ~ unferErsdnafcs'
su1 second. Ca rxfcr1 fn< anne rccur-
rIiI1u % fhe f<cnis tr4ul- A. may BE-
kr.nf<1 % Representative m other
1rof14 Alnzs :his iiu< n graduate
manager Of sfhIetics ~ Harvard = on
RECORD a. being IN favor Of making
tennis = major spaft. Yale has plans
for ffU co4Tts 10 he available next
season. Al princrton tenais Wa the
,nu<f nopplAf spart ~ ehus-n ~ ths
rhoIFr ~ FRESHMEN who we're required
"a taxa rome form Of athleflcg seven
we're open TOT cfedIf-baeehas. hox.
In1. cr<<. int.sat1hE. e~lmmlnr ten
hls and frack. There Nrre tot enroll
"a Cor tennis and uc uiher Figures fol-
l1a baseball ~. rowinn -. track o.,
nfe-nnVInn N. boxing 10. Carnegie
fnautuis Of Technology - LAYING out
lnfulN nau ccurIa Ahdiuonal courts
nato been buIil Az lndianA and AZ va
II0uh nIntf rolltnes ufoyitlnn u being
tHade fof lTHntlY increnalnf interest
10 ftnnIE - new 81 ~ adaptasinpf
ana The fact mat " can be played
nr1cFhouf ne. tennis T. being recoE-
u1II a. uns ~ thr mnFt rriiNblc col
ftoo t1urts and the Interest aaown
throughout the copptsy ihts season y
tef1 t~hc0nraginE 70 foiiowers o. ths
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21
PAp1srAN BAKERY ADDS
TRUCE TO DELIVERY SYSTEM

Mr.. TOD rarlanfen. manarer Of the
Farislan bakery. tunounccd today that
h steady inrrsaaT o. heir business
arc hnn Forced them a. add a new
Ford delivery truck ID thsir delivery
~ rIrm.
TINS bakery r. turning out some
diE4 grade bakery goods ana the
management states that they viii now
b. ablf 10 deliver all kinds Of orders
Tor bakery products % al parts 81 The
city IN ~ most efficient manner pos
alhis.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21

Washington. june a. President
elect pcssoa. % nrazii and NE pnriv
arrived in Washington thir afternoon
on q rheciai train from New York.
where they landed Yesterday.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-06-21
TOURIST CENTER of the WORLD
NOW Is TIL TIME TO co

Full Information about everything in southern
California may be had free hy addressing
New Britain herald., 1919-10-27
GoLDENRoDs ORGANIZE.

Winstcd, Oct 25.~~-Thc Goldenrod A. C. basketball team iS organizing for the season and plans arc being made to meet the strongest teams m. tho state The team has not yet elected a captain but in all probability Wilbur Carroll will be chosen to lead the team which has twice been a contender for state championship honors. If the home games are played in the old St. Joseph church building on Oak street as is now planned the seating capacity will be much greater than in the T. A. & B. gymnasium where the team has played it's home games in the past.
New Britain herald., 1919-10-27
CHEER LEADER \ COMEDIAN.
Midshipman Docs Tumbling stunts
 to Rhythm of Navy's Songs.
By Briggs

Annapolis, Md, Oct. 27.--A yell leader, who does tumbling stunts and Oriental and acrobatic dances to the rhythm of the songs and cheers of 2,oOo midshipmons. is what the Naval Academy has this year in Mike Cur ley, who halls from Philadelphia and whose real name is John J. Curley, Jr. He will be a big attraction at the New York Polo Grounds on Nov. 29, when the naval and military academy cleVens meet.
 .Curley's performance is really clcV- CT and unique, and he adds new fea- lures to his work and shows greater skill with every game. A lot ot otfl- cers of the Italian battleship Cont di Cavour saw Saturdays game against Rucknell, and they were almost con vulsed at the antics of the magnetic midshpman.
New Britain herald., 1919-10-27
RECORD CROWD TO SEEN NEW HAVEN GAME
68,OO0 Persons Expected at Yale-
 Princeton Contest Nov, 15

New Haven, Oct. 27.-Application football gamo closed today and it was stated that the demand has been so heavy that there is no chance of a public sale. A total of four has been allowed to every undergraduate and alumnus and it is believed that the entire lot will be disposed of without recourse to outside sales The Bowl vii seat about 6S,O0O people without erecting temporary stands. It was not filled in 1915, the only occasion on which Princeton varsity eleven has played there, and 1t was not be- lieved that all the tickets would be disposed of this season, but the de- mand of he past three or four days has led to the belief that every seat will be taken.
 Two reasons are regarded as re- sponsiblo. for the increase in appli- cations. First, there is a general be- lief that, despite their defeats, the Yale and Princeton eleVens are stronger than usual and, second, the policy of the Yale Football associa- ton in keeping the price of tickets at $2 for the Yale Princeton match and at 50 cents for the preliminary matches has simulated interest for all the matches. Record breaking at tendance has been recorded at the early games and a crowd of 68,OOO people for the Yale Princeton match here will give the season a climax which is without precedent. Yale would have been willing to keep the price of $2 for the Yale-Harvard game but the Harvard officials felt it desirable to establish the price at $2.50.
 Applications for tickets to the Yale Harvard game also has been heavy and it was said that the demand from alumni and undergraduates will mako extension of the purchasing privilege impossible. Fancy prices are expected to govern the tickets which find their way into hands of specula- tors for the Yale Harvard game, which is scheduled for Nov. P, in Cambridge. The Yale-Princeton match will be played here Nov. 15, in the Bowl
New Britain herald., 1919-10-27
KRAMER DOWNS RIVALS
Cycling Marvel Wins From Eaton and
 Spencer in OnC-MilC Match Race at
 NcIodrOmc Track, Newark, N. J.

Newark, N. J., Oct. 27.--Franll Kramer, the greatest of all bicycle riders. rode d sensational race at tho Nclodromc here yesterday when he defeated Ray Elton, the professional champion, and Willie Spencer. the Toronto star, in two straight heats of q OnC-milc match.
 Kramer rode in a brilliant manner, and not any time this season did he show any more speed and head work than he used yesterday. He made the victory decisive by winning the first heat by riding from in front and by going around his rivals in the second one. The weather kept the rowd down, but those who did turn out gave the veteran hearty ovation.
 Ray Eaton, Ali Brenda. Harry Kaiser. Frank Corry, Willie Coburn, and Charley Piercy suffered a bad spill in the three mile open. All were badly shaken up, but none seriously injured. Kaiser and Coburn got the worst of it.