davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-02-28
Port Faces Trade
Loss Because of
Costs, Says Editor
Lack of Modern Freight
Handling Devices Here
Fast Making New York
Expensive, Smith Asserts

A. r. Smith, editor Of MARINE News"
and recognized authority on matters
concerning the port of New York, told
the convention Of the Material Handling
Machinery Manufacturers Association,
at the WaldorfAstoria yesterday, that
tho lack of modern freight handling de-
vices in this port not only makes it one
of the most expensive in the world but
is threatening to divert largo part
of its business to other ports. He
ascribed this to the lack of interest in
the ports welfare on the part Of the
public and city authorities.
There has not been a sufficiently in
tclligent method in the effort back of
the development Of the port" said Mr..
Smith, land, as result, it has de-
velopcd in one-sded and incomplete
manner. People seem to be Indifferent
regarding economy and savings in the
handling of cargoes and, in comparison
with the devices installed in such ports
as Hamburg and other European ports,
New York is far behind. Particularly
is this true IN the handling of cargoes"
Mr.. Smith said that it had been csti-
mated that the amount of tonnage
handled at this port was nearly 150,-
10000 annually, at a cost of 80 to GO
cents tom. Imagine the saving that
could be accomplished" said Mr.. Smith
"if this cost could be cut in half by
the introduction Of labor-saving de-
vices. New York pays the highest rate
for loading and unloading of cargoes,
and as result New York is one of the
most expensive ports in the world
This matter could be remedied," Mr.
Smith continued, "if the people Of New
York showed greater civic spirit"
New-York tribune., 1920-02-28
Locomotives From L. S.
TO Poland Held in Port
Baldwin Delivery Delayed for
Two Months by Conges.
tiOn in Danzig
From The Tribuae's Washington Bureoa

From The Tribuae's Washington Bureou
WASHINGTON, Feb. 27.-Deliyery
OF eightytwo Baldwin locomotives.
representing more than one-half of a
S7,o0o,000 order placed with the
American plant by the government Of
the Republic of Poland, is held I'D for
at least two months by freight conges-
ton at the port of Gdansk (Danzig).
This report has just been made 20
the Polish Legation by Jan Droz-
dowski, of Warsaw. and New York. who
conducted the negotiations with Sam
uel l.. Nauclain, president of the Bald
win company. Mr. Drozdowski has
just returned from Poland.
The total order was fer $50 loco
motives, of which sixty-eight already
had been delivered. These locomotives
all are narrow gauge, of the big con-
sclidated freight type. All railway
lines east into Russia are standard
gauge, while all lines west into Ger
many are narrow gauge, he said. The
locomotives turned over to Poland by
Germany under the terms of the
armlstlce were of every type, and in
bad condition, so it was impossible TO
standardize them or to have suitable
spare parts on hand for emergency re-
pairs, according to Mr. Drozdowski.
New-York tribune., 1920-02-28
Women Will Wage
Fight for Universal
Army Training Law
Sixty Club and Society Lead
ers Seek National Sup.
port in Urging Legislation
for Compulsory Service

cjxtv New York club and society
women, representing practically every
important patriotic, civic and social
welfare organization of women in ths
city, met yesterday at the home OF Mrs.
Douglas Robinson, 9 East Sixty-third
Street, and formed the Woman's COM
mittee of the Military Training Camps
Association to foster national legisla-
ton for universal military training.
An active campaign on behalf Of the
Senate bill authorizing universal train
ing for preparedness will take shape
Immediately.
A resolution adopted at the close %
the meeting reflects the spirit of the
women who through the organizations
and social circles they represent win
push "the one idea," as Mrs Robinson,
temporary chairman, put it, for uni
versal training for national service"
The resolution was telegraphed to
the chairmen of the Senate ond House
Committees on Military Affairs. It
cites the lesson learned by this coun-
try in the world war, and declares for
greater national efficiency in peace and
protection and patriotism in time Of
war. The resolution reads:
Whereas, this country entered into
the World War without preparation O.
any kind in training or supplies. and,
Whereas, thirteen months were con-
sumed in the making of an army and
the front line was held by our allies
during all that time, and,
Whereas, thousands Of our men
lost their lives because Of lack Of train
and knowledge, and,
Whereas, we have learned our les
son, and in order that these conditions
never shall occur again and that our
young men may be efficient and phys
ically fit,
Resolved, That we American women
assembled here to-day insist upon a
universal military training law tina,
shall give US national efficiency in time
OF peace and protection and patriotism
Tor our country in time of war"
Addresses by Mrs. Robinson, sister Of
the late Colonel Roosevelt; CAPTAIN
Arthur r: Crosby, executive secretary
of the Military Training Camps As,o-
citation, and Colonel Charles w. Whit
tlesey, who commanded the cost bat
tailon, drew a promise from each Of
the women present to telegraph or
write members of the House and SEN
ate to urge legislation and to ask their
respective clubs or patriotic and civic
societies to take similar action without
delay
New-York tribune., 1920-02-28

Swiss watches and parts to supply
the American trade. In the last few
months imports of these time pieces
have fallen off alarmingly as result
of tho refusal Of Swiss manufacturers
to export watches to America because
Of the present weak condition Of the
foreign exchange market. Local I'M
norters. however, recently reached an
agreement whereby the weak foreign
exchange rates will be offset by giving
the Swiss manufacturers an extra
bonus in United States money
Shortage of skilled labor continues
to prevent American watch manufac-
turers from bringing their production
to a point where the retail trade can
get all the stock it wants. Retailers
are pressing their demands for all
grades and assortments, but especially
those selling for from S25 to $50. Or
ders for the Easter season are being re-
ccived daily from retailers for larger
stocks than they have been wont to
buy in the past. The manufacturers
say this unprecedented business. re-
fleets the unusual prosperity Of the
country.
in addition to these heavy domestic
orders watchmakers are receiving
numerous inquiries from Chile, Peru,
Venezuela, Norway, India and practi-
cally every other jewelry buying coun-
try in the world. A large part Of these
inquiries call for the immediate de-
livery Of watches. Manufacturers, how
ever, refuse to accept orders with any
definite date attached to them because
of the continued strike in the watch
industry. Their factories, they say,
are severely handicapped and are now
fully engaged in domestic orders that
have been on their books for some
time. and consequently it will be out
of the question for them to handle
any goods for export until after June l..
New-York tribune., 1920-02-28
Financial Items

James f. German has been elected presi-
gent OF tho Chicago. Rock Island & Pacific
Hallway Company. succeeding Charles Hay
oen' VINO becomes chairman OF the board.
Howard Elliott has been elected chair
man or tho board of the Northern Pacific
rnt, Mantoad and julie NJ. Hannaford was APP
polnted president and director c. A.
lark was elected treasurer and T. A. Gay
assistant treasurer Charles Donnelly was
appointed a director
W; H. Brenner has been elected president
y, tne Minneap polls & st. Louis Railroad
ana r. q. Townsend was appointed vice.
president in charge of traffic. E. e
"ss" assr Lax sases the position Of general man
aseI ana X q. Kenly assistant to the
bsesioent and chief engineer. w. B. Davids
oecomes secretary. All other officers
were reelected.
Only routine business was transacted at
Ine M meeting OF the Baldwin Locomotive
directors. held yesterday in Philadeiphia.
Edward T. Stotesbury has been e,ects,
chairman OF the board OF the Phiiadelphia
q Reading Co. and Agnew T. Dice was an
pointed president.
,,,s,n Ambross r. Clark 6 co. hayo opened a
ruin Avenue office, with Howard II Ran
uolph AS manager
New-York tribune., 1920-02-28
Predict Shortage of Heavy
Underwear for Next Fall

Selling agents for knitted underwear
mills, who have withdrawn their lines
of heavy garments for next fall and
winter from sale, are predicting a
shortage when the retail season rolls
around. They assert that quantities
allotted to jobbers and retailers are
insufficient to supply the trade, and
that the prospects of more offerings
later on are growing less each day.
Weather conditions have closed down
some of the mills in the northern part
of New York, delaying shipments and
nccesstating the cutting down Of
orders booked months ago.
Whether or not buyers are willing
to operate at present is an open ques-
ton: The mill agents care little for
the buyers attitude at present, as the
orders already booked will keep the
mills running for some months to
come. In fact, some mills, according
to their agents. have booked all the
business they can handle to the end
Of 1920
New-York tribune., 1920-02-28
Quaker Oats Earned S2I.42
A Share on Common Stock

For the year ended December 81,
1919, the Quaker Oats Company re-
turned net profits after charges of
$2,679.894, equivalent, after the pay
ment OF $75l,25l in preferred divi-
dends, to s21.42 share, $100 par,
earned on the $9,O0O,0O0 common stock,
which compares with $2,502,588, or
S34.79 share, on the SS,250,000 COM
mon stock in 1918.
Gross profits in 1919 amounted to
$3,733,729, falling off from the pre-
ceding year of S31S,536. Losses suf-
fered in foreign exchange aggregated
S500,000. After depreciation and Fed
eral taxes had been deducted, balance
available for dividends was $2,679,894,
a decline of $822,694 Holders of the
common stock shared $1,177,5O0 in div
idend disbursements, leaving a $751;
l43 surplus, or $88l ,723 less than in
the year before.
New-York tribune., 1920-02-28
Business Items

Harry G. Seaman and Anthony Wolf
have formed nership to manufac- :
ture. Mr.. Wolf was formerly a member
of Wolf & Morbach
The Star Glove Manufacturing Com
pany has been organized by Samuel Rubin.
Morris Rubin and Jacob Bernstein.
Russell X. Boadwee, general manager of
the Julius kayser & Co, has complet cd
the INSTALLATION OF another silk glove fac
tory IN NAZARETH Pa, which will employ
more than 100 operatives.
The annual meeting Of the jewelers.
traternal Association. of New York. will
Dc held March 20 In the rooms of the
jewelers. Ak. Club. Is Maiden Lane. at
20 p. IN. At this meeting a proposal to
chahge certain portions OF the constitu-
ton VIII be made
j. Alexander, of the Fichtman- n-Alexand.r
company. makers OF jewe)ry novelties, 3s
East twentieth Street, has sailed for
EUROPE In search of new novelties for his
concern MFR. Alexander will be gone about
tour months.
The Meseg .Jewe,ry Manufacturing Con-,
pany has been organized by Hcyman Eber
ana Sarah Eber wit capital of $4,000
A. j. Bongiovanni and Peter Bongio-
Vanna have severed their connections Wit h
the X B. Star Iewelry Company and
have formed the firm OF Bongiovanni
Brothers, to engage in the manufactures
OF rhinestone jewelry.
New-York tribune., 1920-02-28
LEATHER-ShOe Plants
Operute at Full Capucify

Local factories are operating at full
capacity to produce the vast amount
of shoes which should have been de-
livered several months ago. There has
been a constant stream of Out-of- town
buyers calling on Brooklyn factories in
vain effort to place orders for low
cut fall shoes, but the manufacturers
have been consistently refusing to take
any orders for fall at present They
urge buyers to wait patiently for their
statesmen. who are now about to start
on the road. The position taken by
the manufacturer is, in the opinion of
the trade, quite justifiable, for under
present conditions nobody can say
what difference there may be in the
price of raw materials or abor month
from now. There have been many pre-
dictions on the part of pessimistically
inclined members of the trade that it
will be much more difficult task to
sell shoes to the retailer this selling
season than il was last, owing to the
fact that the argument then advanced
by the statesmen that the existing high
Now that spring is almost here these
members of the trade arc wondering
what the retailers outlook will be, and
they maintain that he will be exceed
ingly reticent about placing orders.
Judging from the way buyers have
been coming to the factories in their
effort TO place orders, however, there
is apparently little chance that the re-
taller will hold back his business un-
til the statesmen call.
The factories, having generally COM
pleted the new sample lines, are now
busy on stock orders. Plants manu-
featuring staple lines have plenty of
business booked for steady operations
Most of the firms making novelties
still have uncompleted orders to keep
the mill going, although the bulk Of
the coming seasons goods are made up
and out Of the way. Since most Of
the novelty manufacturers were sold
up for the present season early in the
game, they have been busy for some
weeks with the problem of making
complete and early shipments foremos,
in their plans for the season.
Shipments of goods from the whole
salers are fair now that most of the
spring season orders have been filled.
Retailers continue to advertise reduced
prices, and sales on short lines. pre-
pairing for an early showing of new
season styles as soon as the weather
is seaSonable.
New-York tribune., 1920-02-28
Oil Profits
Equal to $l5.27 a Share

Report Of the Associated Oil Com
pany and proprietary companies for
the year ended December 81, 1919, dis
closed profits after charges and Fed
eral taxes of $6,074,342, equivalent TO
$1527 a share, 500 par, earned on the
$39,756,o85 capital stock, which COM
pares with $4,541 ,307, or S11.30 a share,
on the $39,960,704 in the preceding
year.
Total income for 1919 amounted to
S10,735,175, falling off of $2O,5O8, ,3O6
from 1918. Expenses, Federal taxes
and depreciation also declined greatly,
being placed at S4,660,883, or $22 ,O41,-
BAL less than in the year before. Bal
ance available for dividends was
$6,074,324, a gain of S1,533,O35 Hold
ers of the stock received $1,987,81l in
dividends, leaving a surplus of
$4,086,531.
New-York tribune., 1920-02-28
Garment Mfrs. Deplore
Talk of Market Break
Conservative Producers Urge
Customers to Place Orders
for Normal Trade

The spring wholesale selling season
IN women's garments is unsatisfactory
from the viewpoint of many manufac-
turers and jobbers. Within the last
week attempts by resident buyers and
direct buyers for retail establishments
to break the market have become prev
alent. Manufacturers resent the pub
lication of letters from resident buyers
to their clients advising the holding
down of apparel purchases
Even the manufacturers and jobbers
who have been doing good business
report that the talk of 'brcak" in the
garment market during the last week
has hurt business. Most of them as
sert that retailers will harm them
selves as we'll as the manufacturers bv
holding off for a few weeks more.
Easter, they point out, is but five weeks
away and most of the retail garment
business must be done before that
date.
, A leading jobber, who has been con-
servative in his operations and his ad
wee to customers, yesterday expressed
the opinion that retailers will be safe
IN anticipating only their normal re-
auirements, but will make a mistake
- my Ouy loo SpdrlnRly. lhere IS
no shortage OF garments now" he said,
and no reason to fear one The mar
ket can take care of normal require
ments. If the retailers delay their
buying until close to Easter they NAV
buy more cheaply, but they will have a
hard time to turn over their merchan-
disc to their customers. You can't do
business without some stock"
This man asserts his business this
year is ahead of last year in dollars
and cents. His price range on women's
suits runs from $40 to $40. The aver
age suit selected by his customers runs
around $40, which will bring from SIS
TO $50 when retailed to the consumer.
The general dullncss in the garment
trades is indicated in the fact that in
stead of a shortage Of labor there is
surplus at present, for the first time in
'he middle of season for three years
New-York tribune., 1920-02-28
Committee Favors Hunt
For Cotton Profiteers
Prospectus of $4,000: Mill
Promised to Net 81, 100000
Profit This Year

WASHINGTON, Feb. 27.--An inquiry
into the reason for the enormous ad-
vances in the price of cotton goods
would be conducted by the Federal
Trade Commission, under resolution
or ordered fayorably reported to-day by
the House Interstate Committee.
representative Tilson, Republican,
OF Connecticut, author of the resolu-
ton; told the committee the cotton
goods manufacturers we're "profiteer RS
OF the worst sort" He said prices had
advanced 500 per cent since 1914, al
though costs of cotton and mill labor
had not shown anywhere near such an
advance.
Both New England and Southern
mills haye reaped big profits, he said,
quoting. from prospectuses Of financial
institutions promoting sale Of cotton
mill stocks, Southern press comment
and a summary of market prices for
the last several years.
Mr.. Ilison said he had been authori-
tatively advised that one spinner in one
month made profit of $4,000 on y
capita llzation of 100000. He also do.
clared that Richmond, Va, trust ,eo com "o
New-York tribune., 1920-02-28
U. S. Envelope Fails
To Earn 1910 Dividends

As result Of operations in the year
ended December 81, 1919, the United
States Envelope Company returned a
balance after charges and Federal
taxes of $343,963, equivalent. after pre-
ferred dividends, to $6.39 a share. 500
par, earned on the $1,O0O,O00 common
stock, against $637,10O. or 1850 a share
on $760,000 outstanding common in the
preceding year. After $351, $50 in divi-
dends had been deducted the report for
1919 disclosed a $7,2S7 deficit. After
this loss had been taken from the pre-
vious balance surplus was $1,217,294
New-York tribune., 1920-02-28
JEWELRY-Larger Wages
For S,Uiss Wanltn,akers

Watch factories in Switzerland be-
ginning March will go on shorter
working day basis and receive an in
crease of 10 per cent in salaries ac-
cording to advices received by i'm
porters here from their representa-
tives in that country. Mean time there
has been an upward revision in wages
Of the Swiss watchmakers, who are
said to be receiving at present as much
as the workers in American watch fac
tories. The inference is that with
the increased cost of labor the price
of Swiss watches will be further ad-
vanced. The importers do not an
ticipate any falling off in their trade
on this account, since the demand for
watches in this country continues to
be of such unprecedented volume that
price increases do not seem to have
any retarding effect on the sales.
The trouble all along. so the i'm
porters state, has been to get enough
New-York tribune., 1920-02-28
British Plan Exhibit Here

An exhibit of English manufacture
will be held in New York for two weeks
next fall, and then will be shown in
the various cities throughout the coun-
try, according to plans now in process.
British interests having the plan in
hand, and said to be backed by the
British government, are seeking a suit
able location in New York in which to
house the exhibit. About thirty thou
sand square feet will be required, &C
cording to the report.
New-York tribune., 1920-02-28
Business Troubles
Petitions in Bankrnntcv

rrn,.o ,e.ltlons In bankruptcy filed in the
United States District Court yesterday
Were as follows:
N6IiyN SHyN CHIN WAIST CO. AND ECO
80 BUTTON CO.--Invoiuntarv petf-
= con on against Chin Chin Waist CO.. 1ol
aIesns "a w. street: and Economy Button co.
a.. ~ twenty seventh Street. Liabilities
I,rir,ut noout 10000; assets are not stated
! ff1rinnnv,pal = creditor is Max Tenenbaum
49,. Petitioners'| attorneys are Gold
A'o'n ana Goidstein,t 366 Broadway
New-York tribune., 1920-02-28

pany had issued prospectus for sale
of stock of North Carolina mill in
which it was stated that the average
annual net earnings of the plant were
S287,OOO. and promised on present mar
ket conditions to be more than 81 ,O0O,-
900 this wear
New-York tribune., 1920-02-28
Business News

THERE continued strong commercial bor
yesterday and rates held for tho best
Few bills are being taken tho the demands Of
e the chief
scrvc
mark
New-York tribune., 1920-02-28
Buyers Coming

17E HoiT--Mohawk Overall Co; Sam
sennsky. ovcralls, pants. knee pants;
astor: Is expected February %
"A AN NAlt-B. II. Levy Bro g. Co.:
\. b. Levy. ready to wear. notions: 1850
i'roadway' Baer & Lillenthal Is ex-
pccted March l.
New-York tribune., 1920-02-28

New York, Ontario & Western
January gross. s7s5.1s7 Dec. 35s.s56
Deficit after
taxes ..... ls7.sss Inc 1885
Net OPP deficit 1874 III Inc 596
Pitts, Gin, Chi. & St. l..
January gross $1o.5so.51o Inc. s3.2os 900
Balance after
taxes . 49,. l.5ss eos Inc. l.57o,4ss
Nc' oP- income l,5lbc3i Inc. l.372.S1s
New-York tribune., 1920-02-28
Detroit

200 200 coi c"IiSs. sSsar iron. ,ss 1sss lsa IS.
500 Contin Motor. ll7s IFS llM ll.s
40 Detroit Ed. ..lo5 los 1O4i. 1912,
200 Lincoln Motors 49,. 4siS 4s'. 4sia
500 Michigan Suy. lis ll7s ia. 1i%
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-07-30

American exports OF food 10 Europe have
doubled Eve years But don't infer from this that
Europe Is eating twice as much as usual.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-07-30
The Horoscope
FRIDAY, JULY 80.

While the sidereal forces seem 20
favor a change or journey OF some
importance, on the whole this day
may not be read as fortunate With
the opposition OF Luna 70 both Sol
and Mercury, the general trend OF
either business or employment may
not be considered as auspicious.
Those In employment would do we'll
TO guard their positions. which are
under the baneful effect of this loca-
ton OF the lights" Also all trans
actions in which letters. paLers,
documents or writings Of whatso-
ever nature figure are under The
menace OF the afsliction OF Mercury.
While the Cranian position is fav-
orable-offering opportunity for
change-it might be advisable 20 de-
fer any definite movement until the
lurninaries are more kindly disposed.
Those whose birthday Il is should
endeavor 20 spend a quiet year. safe
guarding their positions and signing
all papers cautiously. A child born
on this day should be given the
strictest training in the value OF
truth and honesty.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-07-30
SOME NEW REASONS WHY THE


BY Gum Drop. The Great Census
Expert
G.)-Tom Brandon was in New
York
(2O-Lloyd Greenan was standing
behind a typewriter stand in his Of
flee and was unObserved by the
enumerator
(3)-Fred Higgins was lost in a
pitcher show at Grand Beach
4)-The Colfax Avenue club was
filling an engagement at CrumstOwn
and was not interviewed
(5)-Owen Davies fell in tub
Of dirty shirts al the laundry and
was not rescued for several days
(6.)-Doc. Geyer was in his N-ray
room playing floor dominoeS and re-
fused 70 be disturbed.
G)-Miss Evelyn Armstrong was
fast asleep and objected 10 any in
teruptions before a. m.
(S)-Carl Swanson was at Hud-
son lake.
(s)-Former Lieut. Earl F. Rec
der was hanging outside the win
dow sill from his office in the J. NJ.
s. building, thinking the census
enumeratOr was a collector