davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Alvarado Says
Mexico Needs
Support of US.
Huerta's Finance Minister
Tells Advertising Men
Aid Is Essential in Re-
construction of Nation
rs Millions To Be Spent
Officer Says Sum Will Be
Used to Equip Railways
and Buy Fleet of Ships

General Salvador Alvarado, Minister
of Finance of the provisional Mexican
government and publisher of one of
the largest newspapers in that country,
told the Pan American Division of the
Associated Advertising Clubs of the
World yesterday at a luncheon in the
Blltmore that Mexico must have the
support and the cooperation of the
United States in the great work of re-
organizing its banking and transpor-
tation systems, rehabilitating the rail
roads and creating a merchant marine.
General Alvarado declared the work
of the revolution at an end. He said
the people of the country are beginning
to realize that the foundations for a
better political, social and economic
government have already been laid by
the new regime and that there is no
longer any just cause for war. He
said the present governments aim is
to give work to those unemployed and
especially to those who fou ght under
various revolutionary leaders.
The new Mexican government"
General Alvarado said, "is ready to
spend S25,000,000 in purchasing equip
ment for the railroads, which have been
practically depleted of their rolling
stock, and to buy small feet of
frelghters in order to move the crops,
the ore and the cargo which has been
accumulating in warehouses or has been
allowed to rot on account Of the acute
shortage of shipping"
The Finance Minister said he was
sure that international advertising
would do lot to bring about closer
relations between his country and the
United States. He predicted a period
Of enormous development for Mexico
in the near future.
THE progress which Mexico will make
IN the next ten years will be wonder
full and will go far beyond the expecta-
tions Of her friends and beyond the
fears of her enemies" the General de-
clared.
The fact that we buy from YOU
more than so per cent OF our imports
and sell you about 90 per cent of our
natural products precludes the posi-
blllty of permanent breach. If it is
true that our trade means little in the
enormous volume of your total foreign
trade, the fact remains that we are
your neighbors, your nearest customer
and all the balance of your clientele
will trust you the more if you give us
fair and square deal. We trust your
sense of justice and honor, and you
Will DO we'll, L am sure, to trust our
plain horse sense. Let US join hands
and create new era in Mexico. We
will meet you half way
Other speakers at the luncheon were
John Barrett, director-general of the
Pan-American Union; Federico A.
Pezet, Ambassador from Peru; Herbert
S. Houston, former president of the
Associated Advertising Clubs of the
World; Isidoro F. De Mora publisher
of LA Revista del Mundo," in Madrid,
and William B. Greene
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Price Guaranty Plan
May Be Outlawed
U. s. Commission Calls Confer
ence TO Discuss Propriety
of Business Practice

WASHINGTON, Aug. 1l.-RepresenV-
atives of producing and distributing
concerns in more than fifty industries
and trades have been asked by the Fed
eral Trade Commission TO participate
in a discussion before October s. with
the object OF determining whether the
business practice OF "guaranties
against decline in price" in selling
commodities shall be declared improper
under the commissions regulations.
This practice, the commission ex-
planned in giving notice Of its intent,
has grown up in recent years, and IN
DER it retailers or jobbers buying
goods from a producer arc refunded in
case Of drop in prices after the pur-
chase the difference between what the
goods cost him and the price to which
they have fallen.
Many complaints have been lodged
against the practice, the commission
SAID, but opinions as to its propriety
have been diverse A QUESTIONABLE
sent out to 1900 business houses IN
producing. and distributing trades has
resulted in $50 responses declaring the
practices proper, 100 opposing it and
a. large number expressing qualified
views
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Wheat Holds Firm |
In Quiet Market;
Demand Predicted
Strength of Cash Position
and Belief That European
Needs Will Be Large Are
Main Factors in Keeping
Up Prices

1t was the opinion of leading traders
in Chicago that operations in the
wheat market yesterday were the
smallest in some time and the fuctu-
ations unusually narrow Nevertheless
the market maintained a generally
firm undertone throughout the entire
day, with prices at one time over 2
cents net higher, and finally u to 1
cent above the previous close
Part of the rirmness was due 20 ~
tinued strength in cash property, Min
neapolis being 10 to Is cents higher,
on fair demand from mills. The
movement was not large and some ex-
port inquiry was reported without re-
sulting in any business that could he
confirmed. 1t has been the impression
in the trade that European buyers,
particularly the British commission,
have been awaiting a larger movement
OF the new grain before replenishing
supplies.
Export hopes also received some
thing of a setback from the report of
the International Institute of Agricul-
ture in Rome to the effect that If the
present crop promise is realized re-
quirements of the large importers will
be considerably less than last year.
British India has a larger crop and
exports from there will probably re-
commence next season. Ideas of the
spring wheat crop were bullishly
affected by the Snow report, which
said the North Dakota yield will be
very disappointing as a result Of heat
and rust, his estimate being 66,0O0,0 900.
against the last government figure of
77,794,000 bushels. The cash market
here was firm, No. red and No. 2
hard being quoted s2.6s, and No.
mixed durum $3.50 c. i. +. track, August
shipment
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Commercial Credit

There is still large amount Of
forced liquidation in business circles
coming as a result Of continued meney
pr ssure, in the opinion Of several
commercial bankers. High priced goods
are being delivered now after long
delays, and in many eases the market
value has deprecated Money to carry
these goods for any length of time is
available only in small quantities at
high rates of interest. For these rea-
sons the bankers expect a continuation
of forced sales of commodities.
Money rates continue unchanged.
Commercial paper of the best sort dis
counts at 8 per cent AID that Of less
value at Si4 per cent or more. Bank
ers' acceptance rates as issued by the
American Acceptance Council yester-
lav were.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Retroactive Gas Rate
Denied by Judge Hand

The Consolidated Gas Company of
New York, granted arate of s120
1000 cubic feet in decree by Federal
Judge Learned Hand August 4, upon
the condition that the company should
impound the difference between the
statutory rate OF 80 cents and the new
rate. of s1.20 until action is taken by
the Legislature on or before March /,
1921, was permitted in a supplemental
decree filed yesterday to substitute
Liberty bonds and such securities as
are approved by New York savings
banks in lieu of the cash
Unless the Legislature enacts rate
making legislation on or before March
/, 1921, the impounded moneys are to
be retained absolutely by the company.
Judge Hand refused 20 modify his
previous decree at the request Of the
Consolidated so as to make the effect
of any new rate retroactive.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Opinions on Status
OF Retail Trade of
Nation Vary Widely
Strong Belief in Primary
Commodity Markets That
Business Is Below Nor
NAL; Dealers Deny 1t

Tho present status of retail trade
throughout the country is the subject
of much discussion in primary COM
modify markets, particularly in dry
goods, textiles and the apparel trades.
Reports from the retailers vary.
There is strong opinion generally
that retail trade is not up tc normal.
On the other hand, many retailers as
sert that sales, both in money value
and volume of merchandise. are run
ming ahead of last year. This seems
psradoxical in view of the price de-
clines already registered in Wholesale
circles
At an informal gathering of selling
agents in the cotton goods district yes
terday the opinion was expressed that
while retailers are doing a good VOL
ume Of business now, it is done on
marked down merchandise; in other
words, at q price level below that OBJ
tanning some months ago Also, an
opinion was ventured that in the sales
now in progress some one in chaiS of
merchandising, from the manufacturer
on through to the retailer, is losing
money This is demonstrated in the
case of high priced goods that were
ordered as early as last TALL Tor de-
livery in time for spring selling at re-
tail, and delayed by the railroad con-
gestion until recently. Such goods are
largely seasonal in character and the
height OF the season has passed. In
the case of the retailer, if he purchases
such goods from the manufacturer and
is not able to cancel the order, he
has to take loss in selling them. If
they are purchased by a jobber he
cannot find ready customer for them
now and is faced with cutting prices
to point where the goods Will be re-
markably cheap or OF carrying them
over into next year. In the latter case
he feels that prices will be lower and
he must take a loss when he sells them
next year. In addition TO this his
money is tied IN in the goods and the
chances are it IS borrowed money on
which he is paying per cent interest.
This situation, according to the con-
census of opinion OF the group of SELL
ing agents, will lead to prolongation
Of dull business in Wholesale quarters,
since merchants will not be keen to
restock merchandise now. Also it will
lead TO further price cutting at retail
in order TO clear out stocks of high
priced goods before lower priced mer-
chandise comes into the market.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Rae Sugar Sells Losver;
Market Is DemoroIi5ed
Current Yea
prices, ag'

prices, ago.
sugar gran, b.. 2lc@22.50c Sc
Coffee, Rio, No. T. 97sc 22m99Hc
Coffee Santos, No. T. 224s q 2s7sc 3oA @3lEc
The market for raw sugar was in a
somewhat demoralized condition yes
terday, and Cubas were being pressed
for sale at 10 &c c. f., full duty sugars
l3c c.. /. f., and low grade full duty
sugars at even lower prices, without
interesting buyers.
banking interests supposed to con-
troll certain sugars were said to have
approached buyers, and this is fair
indication of the weakness of the
market.
The sugar futures market reflected
the declining tendency in raws and
closed at net losses Of 25 to rs points.
Firms owning actual Sugars and unable
to find sale for them in the street
were hedging on the exchange, and con-
siderable OF the selling was of this
nature.
There has been no improvement in
the general demand for refined sugar,
and this appears to be the one thing
working against the raw market
Retiners' list prices are nominal and
sugars from second hands have sold
considerably below list prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Cent a Pound Drop
In Cotton Follows
Early Market Rise
Easier Technical Position
Shown in Absence of Sup
port on Advance; Closing
Firm After Net Declines

Early advances were followed by a
break of approximately a cent a pound
IN the cotton market yesterday. Evil
IDENTIFY unfavorable features in the
weekly crop review of the Weather Bu-
reau had been overdiscounted, and the
publication of the report proved a sig
nal for liquidation and a renewal of
scattering pressure.
Inc easier technical position Of the
market after recent advances was
SHOWN IN the absence of support, and
december contracts sold off from 81 .44c
to 5o.40c, closing at 3055c, compared
With .02c at the close of Tuesday.
Inc final tone was called firm. but the
market showed a net decline of Is to
10 points for the day.
Inc market showed a fairly firm tone
during the earlier trading because Of
the higher Liverpool cables, the more
cheerful view Of European conditions
as reflected in security markets. and
continued rains in the South. Much of
the buying probably was in expectation
of bullish weekly report but the
near months were relatively firm on
reports that cotton was being shipped
out of the local stock. The advance
carried prices some 25 to so points net
higher late in the morning, but the
market weakened as soon as the weekly
report appeared, and active months
later sold 50 to rs points net lower.
There was some covering later on pri-
vate condition reports, and the close
showed rallies Of several points from
the lowest.
The feeling appeared to be that the
weekly report of the Weather Bureau
showed less rather than more than nor
NAL August deterioration for the week,
and bulls were disappointed by the
references to boil weevil. According
to this report. the damage so far has
been light, although the insects are
numerous.
1t is reported that 5000 bales of cot
ton have been sold out of local stock
since August 1, of which fully 5000
bales have been shipped to mills. Ac-
cording to Southwestern people, the
rains in southern Texas have hurt the
grade of early cotton, and some strictly
low middling is beginning to show in
the early receipts, although it is un-
usually early in the season for its APP
pearance, Southern spot markets as
officially reported We're unchanged to
so points lower, with Norfolk reporting
a decline of 100 points.
The local market for spot cotton was
quiet and unchanged at SOC for mid
ding; sales, 1900 bales.
The range of prices follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Jersey City Water Bonds

A syndicate headed by Estabrook G.
Co, OF New York and Boston, includ-
ing the William R. Compton Company;
Remick, Hedges & Co, Guaranty Trust
Company; Eastman, Dillon & Co, OF
New York r. L. Day & Co; Merrill.
Oldham G. Co, OF Boston, and Graham
Parsons & Co, of Philadelphia, have
been awarded az issue of one TO forty
year serial y and 6 per cent Jersey
City water bonds. and are being Of
fered as follows: 1921, to yield 5.s5
per cent; 1922, to yield So per cent;
1928 to 1925, inclusive, to yield $50
per cent; 1925 20 1929, inclusive, to
yield $40 per cent? 1880 to l945. in
elusive, to yield $50 per cent; 1915 to
1860. incluei'"- :" wiela 5.25 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Drugs Continue Down

In general, prices Of drugs and dye
stutfs in the New York market con-
tinue on the downward trend. accord
irg to this weeks issue of Drug and
Chemical Markets. Heavy chemicals
are easy, with bleach and sulphur diox-
iGe as notable exceptions. Little or no
demand exists for dyestufs, and some
holders OF aniine oil are throwing
their goods on the market at extremely
low prices. Oils, with the exception of
linseed, are lower. An advance has been
made in iinseed oil because of Q new
4 n1,a n
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
until morning and apply for q

wait until morning and apply for q
warrant.
A dozen men halted Sergeant as he
was near his home, 352 Newark Street,
and gave him a beating. Sergeant fed
from his assaila Is, the police say, with
the men pursuiit, The crowd was aug
mented as the chase continued, and
Sergeant ran into a motion picture
theater at First and Grand streets.
Patrolman Joseph Holmes, with
drawn revolver, checked the crowd at
the entrance to the theater, and he was
Joined later by Police Commissioner
Bernard McFeeley and Lieutenant
James Lavezzo, both of whom drew
their revolvers and commanded the
crowd to dispense. The crowd, how
ever, continued to demand the negro,
and reserves were summoned. The
negro was taken to headquarters, and
will be arraigned to-day, charged with
disturbing the peace.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Police Reserves Rescue
Negro From Mob
Crowd of 1000 Pursue Him
After He Is Beaten for
Insult to Woman

A mob of 1000 men pursued negro
through the streets of Hoboken last
night, and reserves of the Hoboken po-
lice force were called out to suppress
the riot
John Peterson, of 35S Newark Street,
reported 10 the police earlier in the
evening that James Sergeant, twenty
one, a negro, had insulted Peterson's
wife. The police advised Peterson to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12

Wsldnaan- LEO NJ {lser Hat
Shop)-I. Moch ........... 1T1.64
w iiuman, Joseph-United Limo
Service Corporation ....... 1fT.57
w oods Amnnda--New York Rail-
vw,asss 70; 1ps.95
Walker, Morris-Nassau Finance
90 inc. 152. 90
In Bronx County
Tho frst name is that OF the debtor:
builders Brick & Supply Co.
Inca. f. BENJAMIN ct al. slss.s7
Bardfeld. Samuel, and Joseph
Prince-B. McQuillan .. 47.72
Holierith Building e Contract
Ing Co. Inc.--A. E. benjamin
ct al .........s....... 1877
Same-Maurice & Co. 1,3T7.T7
Same-Unionport Woodworking
Co. Inc. ................. b175s
Sane-J. Olsow .....-.....,.... Sag. 40
9ane~-B Lenahan .p............ $3.50
kessler. Lester E.--Weber e.
=, Helbroner .-................. 2Ss.os
Joseph Aidikoff-J. Wengar-
% ton .........,. .............,... es9.a3
Rosenbloom, Abraham--N. Linet-
so SKY .:......... 224os
Co. Inc. .................... 29.2s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Business Troubles



day in the United states District Court
We're as follows:
HERMAN Kasindorf and Bernard L.
Meyers cO-partners. trading as Kasindorf
& Meyers. manufacturing furriers. address
assets S6S1.67I. OF the assets $500, 900
is represented chiefly by stock in trade.
Receivers in Bankruptcy
Receivers in bankruptcy appointed yes
terday in the United States District Court
EQUITABLE STEAM LAUNDRY CO.
INC.-Judge Augustus \. Hand appointed
Percival Wilds receiver for the Epuit BILE
steam Laundry Com paDy. Inc. 800 East
I27th street, with bond Of $1,000. Liza
bilities Sl3.000. assets $4,000.
ISAAC GROssMAN-Judge Hand qp-
pointed Arthur Y Dal2iel receiver for
Isaac Goldman jobber in woolens "a East
Twenty first street. with bond of s.. 900
Liabilities $4,000, assets $4,000.
Petitions in Bankruptcy
Petitions in bankruptcy filed yesterday
wAsHINGToN PLEATING AND BIND
against the Washington Pleating and
Binding Company, embroidery manufac-
turers 40 West Seventeenth Street. Liza
binues and assets not stated. Morrison &
Schiff 800 Broadway are attorneys for
the four creditors petitionng
KEYSTONE WOODEN COMPANY INC
Involuntary petition against the Key
stone Wooden Company Inc jobbers. 92s
Broadway. Liabilities stated approximate
$500, assets not given Alex. S. March,
son. 255 Broadway, is attorney for the pc
tItioners.
WASHINGTON PLEATING AND BIND
ING CO, INC-InVoiuntary petition
against the Washington Pleating and
tuners. As West Seventeenth street by
three creditors. LIABILITIES, $50 600 assets,
{2e 600. Felix II. Levy, 128 Broadway, is
ATTORNEY tor The petitioners
Ell. MISUNDERSTANDING petition by
Ell. Brendel. actor. Irvngton Hall. West
Fifty-frst street. Liabilities, $2.267: no
assets Harry S. Hechheiner Is attorney
for the petitioner.
SOL kESSLER-Voluntary petition by
Sol Kessler. S79 Tiffany Street. Business
not stated. Liabilities, s4,997; no assets.
Gallatin & Upton. 100 Broadway, are at
torneys for the petitioner.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Mems Fancy Leather
Goods i'm Good demand

The mems end of the fancy leather
goods trade apparently is showing no
Indication of the Stacking up. that Is
showing in many industries. A selling
ssgency for a number of lines of phil
solds, card cases, wallets, belts, coin
PURSES and other small leather articles
sssRorts good sales at present to re-
Nl|ers in all sections of the country.
Z nees ara firm and show neither re-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Satisfied Judgments
In New York County

The first name is that of the debtor;
inc second that of the creditor and date
when Judgment was fled
Leibel Norbert-Standard Plumb q
ing Supply Co.; December 10,
y, 1910 $40 49,; ,.;....:.... s2o72o
Faulkner, Asa il. ID. Good.
December o. 1919. 2636O
Boell. Chas. F.-Ci. Warner; De-
Gambler 22, 1915 tcanceled> -. 9234s
Caruccio. Mike and National
Surety Co.-People &C.; Janu-
airy 80, 1920 (vacated) .... 400 90
Leonard. Spencer and National
surety Co.-Same; September
~. 1913 tvaeated) ;.... 49,. 10000
Trevor Norman-Packard Lyric
Renting Co. Inc; June Is, 1920 164 80
July 81. 1915 ............. bs2 81
is. 1919 ....:................. 1oas 90
ct al. June is. 1920 :........ 200 20
Seoffey ana kfenr.y, ". Reden n.
berg-R. Sage; April IL, 1905. 54,951.56
Dorsen, Abraham. Levey;
March II. 1920. .........-...... 17s.45
lorio, James,. j. Kliphan, June
]. 1920. Observation-Disclosures. 4S4.6G
Conover. Frank Eli F. Hutch
inson; March IS, 1915 ....,... 1884
Mackenzie. David-G. A. Bob
rick; July II, 1919............ $3.50. 30
Same-Same; July 10. 1920 .... 162.04
In Bronx County
Zimmerman, Minnie; II. H.
Cohen ct al; June II. $780,. $4,000
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
Is ness News

asuc1ions nor advances compared with
'hose of several months ago.
AT least three or four of tho ,ooa;rr
producers of such goods in Englan5
are regaining their trade in this coun-
sry lost during the war, and in some
gases expanding it over what it was
before 1914. ~ was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
NC al pr!ces follows:

Southern spot MarlSets-Cialves quiet,
SO points lower at $500 sales 500 bales.
New Orleans quiet. unchanged at 35.75
sales $40 bales. Mobile nominal so points
lower at 35.75 sales nil. Savannah nomi-
ton steady. unchanged al 1850; sales nil.
Norfolk quiet, 100 points lower at 39c
sales II bales. Augusta quiet. % points
lower at sic; sales 49i bales. Memphi
steady, so points lower at 1850; sales
200 bales Houston steady, 25 points lower
at $3.50; sales 2.l94 bales. Little Rock
quiet, unchanged at &c, sales 100 bales.
Dallas steady, 30 points lower at 1910;
sales AIS bales. Montgomery nominal, I'M
changed at 3s.75, sales nil. Fort Worth
bales.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-12
of shipments or by purchases in the
open market.
| The range OF prices follows:
Butter. Cheese and Eggs

Butter--Receipts were 1858 packages
Creamery, higher than extras. per pound
90 y q Sc; extras, az score, 55c; hrsts,
80 to 81 score. 53Q54hc; So to 80 score
4 g o2 u seconds, 80 to 81 score, 4s@ soc;
lower grades, 46h g ~; unsalted. high
than extras, 5SQ59c; extras. 570571sc
hrsts. 80 q SIC; seconds. 50@52lsc: State
dairy tubs. finest, 54W54tac; good TO prime,
3o@63 &c; common to fair. 45D49c;
ladies'. current make. flrsts, 46@ as &c;
800 2lac; Packing stock. No. /, 43@44c ;
No. 2, 42Q4213c; lower grades. SO q Il u c.
Cheese-Receipts 229T boxes. State
whole milk fresh fats. colored q pound,
~ y q 2slhc; whites, 27ta csc; average
run. colored or whites, rs IA a 26 ikc lower
grades, 2O@ 25c; twins, fresh specials,
rs y q ~ nc; average run, white or colored.
20 % 26c; lower grades, zoo Csc; Wisconsin
fresh twins. 26 q nc; single Daisies, fresh,
rs y q q &c; double Daisies, fresh,
% z q 29c; fresh specials, Is * @l74sc
prime to choice. 15@lsc; fair to good,
l2g l4Iac; lower grades, 591oc.
Eggs-Receipts were 102l0 cases Fresh
gathered extras, per dozen, 6Q57c: extra
hrsts, E SO q soc; frsts As q 52c seconds "A
@ &c; fair to choice checks, dry. S5Q 3sc;
REFRIGERATOR hrsts, charges paid, 49@5 SIC;
seconds, AS case; state, Pennsylvania and
nearby Western hennery whites, extra
69W zoe; extra frsts, 65@eSc; hennery
whites, hrsts, IS 64c; gathered whites
80 m57c; Pacific Coast whites, extras. 81 q
70c extra tlrsts, 63 q 65c; frsts, 5S q SIC; Pc
taluma small. $50 56c other Western and
Southern gathered whites 500 62c; state
browns, extra, 5s@62c; gathered graded.
extras, brown and mixed colors. 5s sic;
hrsts to extra tirsts. 4SQ55c.
ivnSfCck Nfaatc PrOvicionu