davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-08-01

ant-ownes," as they are more COM
monty known, provided they are prop
erly planned, financed and managed.
'Thc cooperative ownership plan is
not q new one. 1t has been practced
for many years, and those who lived
thorc speak frequently Of its many dis
tinct advantages.
an the city Of New York, in the last
fifteen years, one high grade apart
ment building after another has been
erected as result of the construction
of the Sixty-seventh Street Studio
Building, at 81 West Sixtyseventh
Street, by a group of New York art
lists. Sixty-seventh Street at that time
was the center Of a negro settlement.
"Thc success of this operation may
be Judged from the fact that since then
practically the entire north side of the
block has been improved with co0pcra-
lively owned studio and apartment
buildings. Values in the block have in
creased from about $4,000 to $50, 900
lot. The comparatively owned build
ings have netted the investors as high
at % l2 per cent.
ain recent years the cooperative
ownership plan has been reduced to a
science, and has met with the approval
y
ants, a large number of whom have be-
come purchasers of space.
First Successful Operation
"An idea of just how successfully
these enterprises have been may be OBJ
tanned from brief history of few
buildings, with the details Of which
am familiar:
The Sixty-seventh Street Studio
Building, at 27 West SXty-seventh
Street, was the first cooperative build
ing in which the subscribers owned
worcestershire stock in the corpora
tion, and occupied their apartments,
under proprietary leases, taxable in
case of deficit. Prior to the construc-
ton of this building experiments in CO.
operative buildings were made along
the line of ownership Of apartments
rather than ownership of stok in cor
poratiOn that owned the entire build
ing
"This building has been in successful
operation ever since its construction,
seventeen years ago. Its mortgage has
been amortized until, at the present
time, it is on 4 II per cent basis. Its
stock has sold for more than double
its original cost. Considering that
those who sold their stock had lived in
the building on free rent basis, these
resales Of stock at an advance consti-
tuted good test of it's value The
owners are getting their actual princi-
pal back in rent value every seven
years.
How 1t Worked in West 67th Street
Mr.. A. occued an apartment in this
building for three years and sold it for
SO 900, the apartment having cost him
G : 4
for six years, and received his entire
principal back in rental dividends He
then rented it for 81 800 a year, which
he has been receiving ever since He,
therefore, has received his principal
back in cash nearly twice. besides hav-
New-York tribune., 1920-08-01
importers Turn 30 Swiss
Eor Fancy Cnifon Goods

Some of the leading importers Of
fancy fine cotton goods and embroid-
erles have switched the bulk of their
foreign orders from France to Switzer-
land. French prices, it is reported in
the trade, are much higher than the
SWISS prices, although the latter are
advancing at present.
Opinion varies concerning the vol
ume of business that may be expected
next spring in high class fancy cotton
goods Some argue that the favorable
position from style standpoint of
tine yarn goods during the present
summer Wlll carry over into next year
while others assert that the lover
prices for silks viii bring fabrics in
direct competition with the finer cot
TONS
New-York tribune., 1920-08-01
Toronto
Bid. ASK.
Denmark Benefits by
Strike Defeat of Reds

ASIDE from its immediate beneficial
results, it would be difficult to mini
mlze the widespread and significant ef
1ectS upon the whole people of the re-
cent outcome of the long continued
port strike and harbor tie-up in Den
marx. Undoubtedly the break of the
really an outlaw disturbance
"lth soviet characteris stics--wiIl prove
a lasting stimulus to the morale of
the nation, says the July circular of the
Liberty National Bank.
1t emphasizes the determination of
the farmers, the sober-mnded indus
trial workers and the government it.
sell to brook no further interference
OF TINS kind with the country's eco
NOME recovery from the war. Dem
mark may now be expected to advance
rapidly III the development of it's agri.
culture, industry and commerce, with
less fear of interruption caused bv in
dustrlal disputes Of this nature.
Perhaps the most significant aspect
ol the situation is that the country
may now be convinced that it does not
nave to be the victim of its worst ele-
ments. The success of the volunteer
workers, especially the farmers and
dairymen. who instituted measures to
perform their own loncshore work and
man ships to transport their own prod
ucts, gives scant hope to a@itators VIII,
sought to reduce the efficiency of work
ers, foment illegal strikes, create dis
satisfaction and uncertainty and brce
unrest akin to conditions in Russia.
The vigorous attitude taken by tn
new government materially aided th.
volunteers 1t was believed in govern
ment quarters that the seamen ano
dock workers would have been defeated
earler If they had not received outside
encouragement and assistance. Thi.
feeling went so far as TO center upon
Lltvlnov, the Soviet governments rep
resentative N Copenhagen, and it was
strengthened by the fact that salts
factory settlement on the wage cues
ton could have been reached almost a.
any time. What the strikers wanted
particularly, however, would have
smounted to soviet rule on board ship
The outcome of the strike also ha:
demonstrated how effectively the mid
die class people of the country can CO.
operate for their own good and the
national welfare
New-York tribune., 1920-08-01
Demand fer Poor Diamonds
Drop; Better Ones Steady

Jewelry retailers assert that the de-
mand for diamonds of inferior quality
has slumped off within the last few
weeks, but that the buying Of first
quality stones is continuing at its
former pace.
They interpret this to mean that the
wage earners who purchased jewelry
more for its ornate quality than its
intrinsic worth are not spending as
freely as they were. This. apparently
is, since the larger and better known
retailers assert that their volume Of
business is running ahead of last year,
while the smaller and less known es-
adjustments are complaining of dull
business.
New-York tribune., 1920-08-01
ship Construction i'm Argentina

A new phase in Argentine shipbuild-
ing developed with the launching on
May Of the first Argentine steel Shin.
the Segundo, which is to be used in the
European service as d grain carrier.
This craft was originally a German
dredge, but was reconstructed and
heightened at the Riachuela vards into
a twinscrew steamer of $50 net tons.
The Segundo is built entirely of steel.
is equipped with triple expansion en-
gines, and is expected to develop a
speed of ten knots an hour There is
considerable local interest in the de-
velopment of national merchant ma
rine for Argentina, and doubtless the
success of the Segundo will lead to
further work on steel ships.
New-York tribune., 1920-08-01

Nearly all The surrounding country is
lower than the AXE itself, which is fed
mainly from mountain springs
Hudson Maxim, of Maxim gun fame.
who has been q resident of this beauty
spot Of New Jersey for over twenty
years, is authority for the statement
that upwards of 100000 people visit the
lake by train or automobile during the
season. Mr.. Maxim declares that every
dollar invested in Lake Hopatconr
property is bound to bring large re-
turns IN the near future Some dav.
he said, the lake will rival Asburv
Park and Atlantic City. One of the pet
hobbies of the Lake Iiopatcong Cham
Der OF Commerce is the creation Of the
city of Lake Hopatcong-unionizi
the various municipalities about this
aquatic park.
Lake Hopatcong has its yacht club
and new country club with a nine
hole golf course. The club is growing
so fast that a full eighteen hole course
is certain within a year. The lake is
a iisherman's paradise and attracts
disciples of old Izaak Walton from all
parts of the country
New-York tribune., 1920-08-01
Holidays This Week

Monday (Bank holiday in Ba,
hamas, Barbados, British Guiana, Brit
lsh Honduras, Cyprus, Gibraltar, Hong
Tong' leeward Islands, New South
Wales, South African Union, United
Kingdom, Windward Islands (unoffi~
clal). Also holiday in China, India,
Cayman Islands, Rumania and Switzcr-
iand. In the United States: Kansas
and Missouri.
Tuesday-In Newfoundland.
Wednesd day-Tn Straits Settlements.
Thursday-ln Brazil Estate of Para
hyba).
Friday In Bolivia, Colombia (Bo-
gota), Poland.
SatUrday-In Colombia.
New-York tribune., 1920-08-01
?, 500 Bungalo,v Sites on
Lake H0patcong 70 Be Sold

Sites for $500 bungalows and camps
on the banks of Prospect Point, Lake
Hopatcong, one of the most attractive
bodies OF water in the metropolitan
district, will be sold at auction starting
August 5 and continuing through to
August 49, The property was a hold
ing s-of the late L. D. Schwarz and is
to be liquidated by Mark II. Schwarz.
executor
The sale will IT, conducted by Gerth's
Heafhy Experts, inc, and Will be held
in the banquet hall of Alamae Hotel
at Mount Arlington, which has been OBJ
tanned for ten days for this purpose.
Mr.. Gerth has left no stone unturned
for the comfort and convenience of
visitors attending the sale. Buses will
meet all trains at the Lake Hopatcong
station of the D., l.. & w. r. r. Specia
boats will run from the pier at Lake
Hopatcong station, Lees pavilion,
Nolan's Point and other parts of the
lake while the sale is in progress.
Lake Hopatcong is situated nearly
900 feet above the sea in the Schoolev
range of hills. 1t is forty miles in
circumference and nine miles in length.
New-York tribune., 1920-08-01
Shoe Trade Improvement
Fails to Help LeatIers

HIDES and leather closed the week
with less activity than was reported
earlier. While rumors of sales are
current here and there, definite con-
firmation is lacking. Buyers report
that some attractive offes aer being
made by those who have large stocks
on hand. The bids for hides on Friday
and yesterday were generally below
what holders were asking
While some Improvement is believed
TO have taken place in the shoe trade,
it has not increased the demand for
leather 20 any extent. Some manufac-
turers OF shoes assert that they re-
ceived fair orders during the style
expositions that have been held this
month in connection with the many
retail conventions throughout the East
New-York tribune., 1920-08-01
Exchange Iron Ore for Coke

An agreement whereby a more even
balance Of cargoes between Dunkirk
and Havre on the one side and certain
English ports on the other may be at
tanned is being consummated between
British and French interests. This
agreement involves an exchange Of
IRON ore from the basins of Briey and
Hayange and shipments from England
of coke, which is needed in large guam
titles for French industry. When the
plan is working boats bringing fuel to
Havre and Dunkirk will no longer have
TO return empty.
New-York tribune., 1920-08-01

pany The deal, it is announced, in
wolves $1,25o000 John NJ. De,uaresl,
y[,ice-oresident of the Sage Foundation
Homes Company, is president of the
1uying corporation and II. Pushae
Williams. president Of the First Mort
gage Guarantee Company and presi-
dent OF the Queensboro Chamber Of
Commerce, is secretary
r, The mn was erected by the Sage
Foundation in 1912 and has been
recognized as one of the finest subur-
ban hotels in the metropolitan district.
It is a rambling freproof structure of
brick and stucco. four stories in
height, with tower Of nine stories.
1t contains 230 rooms, arranged in
suites OF from one TO four rooms with
bath: 1t is Of Elizabethan type Of
architecture, designed by Grosvenor
AJterpury' who has planned practically
all of the buildings in Forest HIS
Gardens
The building is really in three parts.
New-York tribune., 1920-08-01
Buying Of Silks Checked
Reports OF Large Stocks Cause
DeaEcrs 10 Delay

Sentiment in the silk gooos market
undergoes rapid changes. During the
last two or three days some sellers
who had been doing a little business
noticed a falling off in buying in their
establishments. The report was cur
rent that large quantity of new
goods were delivered to various sell
ing agents in tho. silk district and that
buyers, aware Of the increased supply
for immediate delivery began holding
off for still lower prices. Some manu-
facturers admit that the stock Of made
up goods on their hands is larger than
they like TO see, but believe that the
present supply will disappear quick
ly once real buying sets IN.
New-York tribune., 1920-08-01
Reconstruction of French Mines

The soft coal mines in The Depart
ments Of Nord and Pas-de- Calais are
increasing their output. AT Anzin
mining operations have been resumed;
at Fosse Saint-Marc rapid strides in
production are being made; at Fosse
Covinot the work of clearing-up is
being energetically carried on. The
daily output from the mines in this
territory was only fifty tons on June
!, 1919; by December 81, 1919, it had
been increased to 2,S96 tons, while on
April 10 last the total production had
reached 1928 tons Several coke fur
n2ces have resumed operations.
New-York tribune., 1920-08-01
Market for Wheat
Is Demoralizedb by
Pressure to Sell
Decline Carries December
Delivery to $2.ll, 64c
Under Price of 2 Weeks
Ago; Trades in Quandary

The wheat market yesterday was in
dcmoralized condition, and prices
were weak throughout the session.
closing at only slightly above the ow-
est, with net losses of II iac TO 121sc
for the day. This represented n break
of ACC a bushel during the week. while
the December position in Chicago sold
down to $211, or 81 cents under the
price at which trading operations were
resumed on July Is.
1t was the prevailing opinion in the
trade that prices were undergoing
readjustment to conform to the new
crop situation and with national and
international finances. Under the CTR
cumst1nces, few operators were willing
to venture an opinion as to tho action
and no one was able to say WHETHER or
not the decline had gone far enough.
1t was evidence. however, that the
action of values was due primarily to
tremendous pressure of cash wheat
fro mthe interior. Cash values in all
positions melted with great rapidity
and wheat was offered in large blocks
for immediate shipment. Export buy
crs were in most cases holding off, and
while there was more or less business
for export and a good deal Of covering
by cash interests, the demand was en-
tirely inadequate to Offset the volume
of wheat offered from the interior
Shippers are evidently beng able to
obtain more cars in which to ship their
grain and receipts are expected to in
crease rapid yfrom now on. Export re-
quirements are large, owing to the fact
that America is now the principal
source of supply to Europe, but the
crop has turned out much larger than
anticipated and there is hugs surplus
to be marketed.
In the ocal cash market No. red
and No. hard wheat were quoted at
$2.45 to $2.48 c. j. f. track.
New-York tribune., 1920-08-01

making almost a half circle. the parts
nelng connected by arches over the
llnTlterseetlng. streets. 1t directly faces
INC ATTRACTIVE station of the Long
Island Railroad and has private en-
frances TO the station from either end.
The lower floor is finished in mis-
sion. with furniture to match. There
are inviting lounges and parlors with
attractive hangings and sun paror
which faces the tennis courts in the
rear Near by is the tea garden. Al
one side is a fountain. while dotting
the trees throughout the grounds are
electric lights. Dances are held here
during the season. Near by is small
lawn where clock golf is played and in
the basement of the inn is large
billiard room. The dining room mas
capacity for the seating Of 325 persons.
Mrs. Florence j. Hawley. who for the
last four years has been manager Of
the Inn, VIII continue in the same
capacity under the new owners.
New-York tribune., 1920-08-01

Harris, president of the American
Land and Improvement Company, Inc,
Tor the purpose OF conducting a gen
eral real estate and insurance business
at PA West Thirty fourth Street, un-
der the name of George W. Gustus &
60. Both Mr.. Felber and Mr. Harris
We're instrumental IN the development
O extensive tracts of land in New Jer-
Sey and numerous leaseholds in Man
hattan. This new firm is organized for
the purpose of selling and leasing prop
erty IN Manhattan.
New-York tribune., 1920-08-01
Paperboard Boxes Needed

Argentina and Uruguay offer a good
opportunity at the present time for the
sale of paperboard packing boxes of all
sizes suitable for packing canned
goods bottles and small manufactured
articles. such as crown corks; in addi
ton, they might be used for sending
farm products through the parcel post
mail. 1t Is thought that in order to
establish connections in the field it
would be necessary to retain an agent
there.
New-York tribune., 1920-08-01

WIN The hope OF relieving the cot
ton yarn market, the Japanese Cotton
Spinners' Association decided to re-
duce the production of it's member
mills for six months beginning June
10, 1920, by closing the mills four DAYS
and nights, and shortening the daily
working hours, laying up 10 per cent
of all spindles, and taking steps to en-
force such stipulatons. Only those
mills which consume warn at their own
weaving mills will be exempted.
New-York tribune., 1920-08-01
BUYERS Change Bcrtl1s

David /. Carver, formerly of Will
lam A: White Co., is now associated
with T. A. & j. j. Fogarty in their
leasing department.
Slawson & Hobbs were the brokers
in the regent sales of l63 West Sev-
enty-seconu Street for Grace Townsend
and 40 West Nncty-fourth Street for
c. J. Smith.
New-York tribune., 1920-08-01
George W. Custus Heads
COMPANY of His Own

George W: Gustus, for many years
with Pease & Gilman, and for the past
Year interested in leascholds in the
Fennsy!yanla section, has formed
partnership with David Felber, secre-
tary of the New York and New JERSEY
Realty Corporation, and Walter G.
New-York tribune., 1920-08-01
Livestock, Meats, Provisions

1esIeTday. Year go
Live stock fair to
prime. 100 lbs sS1450Ql16.10 Sl400a4l7oo
y = Il beef.
sides. ID. ..... .ls@ .25 .l7@ "a
mon to prime.
100 lbs. ...... I6.000ol 90 l5Oo0o9 oO
y T. Il veal,
city, ID ;ca $50 So .2e@ .aa
lbs. ..-...... 6OO01O5O 6OO00 20
Dressed mutton,
city. ID. 49,. .140 .22 .l20 IL
Live lambs. fair
LBS; lbs. ;;.,.:...;. 14.OO@l7SO l3.ooals.oo
,sss s;.s ,S5 % ::S = ss.s !sS IS e
- I q hogs
NJ bacon, ,, 10. 49,, :2s%@;ss5. sl.@a2A
Mess beef. bbl... ls.OOMl90o 39oo1 2q m
Lard. NJ Il '''V'
West. 100 lbs. 1S4001S50 3390624 90
New-York tribune., 1920-08-01

debtor:
In New York County
Armstrong. w. S.--Croll-Rcyn-
olds Co, Inc .................. 665S IS
Addison. Edw. .,--Sacrcd Asso-
cites Realty Corp. ............ cc5 90
Baker Nm. An. Refer ct al 1885
Cattano, Sebastiano---Harlem Tile
Co. luc. .....,,............... 22ss5
City of ~ N.-Booth u Finn. Ltd 15.l4o.53
NorriEan. John'-H. Roth. ......... 1870
Cote, Rex J.--Toledo Chandelier
Co. .... ....... ................ 7,s523e
De Menchara Juan Clark e.
kendrick. Inc nc.,.............. 1000
Dolau. irssic--l NJ. Kyle. costs 1o7 81
piamondstein. Wm B--Lamport
Mfsrs supply Corp............ 22a5t2
tranhlin. John IN. Josephson l3S.o0
'.'"la, faoN--j. j. StcGel. l.,...... 252.,7
Honey. paniel--H. Miller ct al 23o65
hallmark Pictures Corp Ritchoy
td,hosraphic Corp ...........- EasoH
Jacobs Nathan-Lamport Mfgrs
Supply Corp. ................. 214o.e7
i.nHZl Arthur E--R. NJ. l\rausc. 1862
Manhattan Metal Hose Co
Gntta rercha Il Rubber Mfg Co. 1851
Porto Rico Gas Co.-ISrrwind
White Coal Mining Co........ ssl2 65
Steinfeid, Harry y and Jerome
Jacobs. Movers. ........... 12S22
:. Sc,h"Itr' Noraham-it krasnon 120.eb
Todd. VIM Economcal Tire ''''
-, and and Supply CO.. Inc ............ 1906
Tavanciotu, John Esyptian Art
Studios)-1. Kahak ct al.... lI233
In Bronx County
Eissnfeld. Ea Harryac- J. Enccl. s2l6.43
ana pistillery Cc......... 3oo3l
New-York tribune., 1920-08-01

The following receivers in bankruptcv
were were appointed yesterday i'll the United
BIDpLE MOTOR CAR COMPANY
Juise John O. Knox appointed l. Clar-
ehce " ilson and Louis ,Icrsawit receivers
'oT the Biddle Motor Car Company. auto
mobile manufacturers, West l42d Street
with Joint bond OF $4,000 Liabilities
So.9. 9.yyO. assets. $50. noMinal NALua
New-York tribune., 1920-08-01

The Forest Hills Inn Corporation
became yesterday owner of the Forest
Hills Inn at Forest Hills Gardens,
Queens, through The passing Of title
from the Sage Foundation Homes Com
New-York tribune., 1920-08-01

Burton Thompson e. Co. sold for the
Mutual Securities and Investment Com
pany to Chris Yensen a dwelling on
the north side of Ninth Avenue. near
Walnut Street, Roselle, N. J.. 75xl5O.
New-York tribune., 1920-08-01
Drop in Corn Market
Continues on Wheat Sales

The corn market was dominated by
the action of wheat and prices gave
-
way rapidly unuer neaNy Iqulualloli,
,,4 a.. 1o,,.o.t ,,;+b NOT
closing a. aoou' 'he i1weSe' gt WIN '.GV
losses OF . g to . C. 1hefe were Prl-
vate reports of scattered showers over
nortions of the corn belt, and cash
corn throughout the West was weak
and lower,
Offnrc of Arventino corn here were
oleiS ~ Seneine coln neie WIZ
".,' ol, tai ,;+,
.;, ,ta+;o pood;,>+ ,,o,,,ad f,u
TIC quotations. hecclpts showed 1ail-
ing off for the week OF about $4,000
bushels, but the demand was also
moderate; "a rat ;o.., oo.,, -, =, - No o .o,,ou.
corn was quoted at s1.59, cost and
vss,ors,,..u prou;0us xo..
New-York tribune., 1920-08-01
Petitions i'll Bankruptcy


Petitions in bankruptcy filed i'm the
United states District Court We're as
BIDDLE MOTOR CAR COMPANY-ln-
voluntary petition against the Biddlc
Motor Car Company, automobile manu-
iacturers. I West l42d Street by three
creditors who alege claims totaling sos,
pO0 for moneys loaned. Liabilities S375-
600; assets. nominal value $50. 600 Davies
Auerbach X Cornel. "a Nassau Street and
Ed ward + Levy. 200 Fifth Avenue are
attorneys Tor tho creditors petitionlng
HEITEL & LIPSHITZ- -InvoluntaryT pc
iitton against Harry Heite and Isidore
LipsnitZ manufacturing furriers, trading
as Heitel & Lipshit2. IL West twenty
SIXTH Street. Liabilities. $40. 600. assets
$4,000. Shame x Weinrib, 80 Broadway
are attorneys for the three petitioning
COMET CHEMICAL COMPANY. INC
Involuntary petition against the Comet
chemical Company. Inc. wholeale alcohol
ana chemical Dealers g64 First Avenue.
liabilities and assets are not stated Israel
BNnl,inan. 1910 Broadway. is attorney for
~ Alfred Goodman. who is petitioning
ARTHUR \. MACGREGOR-volu
petition by Arthur A. Maeciregor sales
man, 40 West Eighty-third Street Liza
6ili{ies, $7,Sf7; assets. SIS. Weissberger
" i-elchler $3.50 Nassau Street are at
lptneYS Tor the bankrupl
New-York tribune., 1920-08-01
Business News
Business Troubles
Judgments

The following Judgments wcrc flied yes
terday. the first name being that OF the
debtor.
In Ncw Nnrls (nunfv
New-York tribune., 1920-08-01

NEW HAMPSHIRE REAL ESTATE
New-York tribune., 1920-08-01
In Bronx County
Schedules in Bankruptcy

Schedules in bankruptcy filed in the
nlted states District Court were as
folows:
UNITED EYE GLASS sHOPs-scheduies
of the United Eye Glass Shops. 1893 Broad
way. give liabilities as $50 405 and assets
at S4i. ~. The bulk of the assets is
composed of machnery and tools.
New-York tribune., 1920-08-01
Satisfied Judgments

The first name is that of the act
he second that of the creditor. ans
when .udgment was filed
In New NorL Couut,
New-York tribune., 1920-08-01
Detroit
Philadelphia
Pittsburgh

sSSo 1929 hI"o En- {; : s poa E s. Z =, T.
1000 Lchigh Val Is. a5l4 95i. 95i. 9s,,
New-York tribune., 1920-08-01
Montreal

$1,000 Pitts Brew 6s. ds Gs 6