davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Homestake Mining Stock

Question-ln October 1919. the Home
stake Mining Company stopped paying
dividends owing TO severe fire in the
mine Is it likely that dividends Will be
resumed in the near future and is it true
that there many years ore IN sight +?
M. E NJ.
Answer-The Homestake Mining
Company has operated at deficit,
after paying dividends, since 1913, and
in 1919 S625,576 Of the $1,130,220 diyi-
dends paid was taken out OF depletion
reserve Rising prices for labor and
commodities, without any increase in
the price of the product of the mine.
have affected adversely the affairs of
all gold producers. As Of December 81,
1919. there were 1,575,000 tons of ore
broken and remaining in the mine
shaft. The average proceeds ton
run about $500 Earnings and divi-
dends have shown large fluctuations
over period Of years, making the
stock too speculative for one who is
dependent on the income from it, We
are unable to predict when dividends
will be resumed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
usiness News
Fear Blockade in Buying
May Lead to Shortage of Goods
Expects No Decline
In Cloves This Year

Little hope for quick decline in
Kid glove prices Is held out bv
Camille Perrin, head of V. Per.
rim & Gle, Grenoble, France. one
Of the five big glove concerns which
make rs per cent of the French ont
put. He sails for France TO-DAY
after business tour Of this country
NJ. Perrin explained that fall and
winter gloves now being delivered
by his firm to customers in all quar-
tiers of the world are being made If
skins purchased early this year at
prices averaging almost 100 per cent
above those of last years prices
There are few skins left in the
hands of dealers in France" he
said, "and unless glove manufac-
turers take s tremendous loss on
their raw material, prices cannot
decline until the skins bought next
spring are worked up into gloves
for the fall Of 1921"
AS an example of the heights to
which kid skins and labor in the
French producing center have risen
M. Perrin presented figures which
showed an increase Of 400 per cent
IN his firms most popular selling
line. In gloves, he asserted it is
not possible, because Of the length
of time required to work skin
into the finished product, to reflect
drops in raw materials. Fully five and
half months are required to make
glove from the raw skin, he said.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Canada Copper Reorganization

Question-Can YOU give me any informa-
tion in regard TO the Canada Copper Cor
poration, Ltd. u. j. G.
Answer-The Canada Copper Com
pany dofaulted the July l interest on
its first mortgage bonds. The company
is to be reorganized into a Canadian
corporation, and stockholders who pay
80 cents share may exchange on an
even basis for shares in the new COM
pany; those who do not pay will re-
ceive one new share for every three old
shares deposited before October /,
1920 A readjustment committee, of
which August Heck scher is chairman. is
raising $500, 0O0 to tide the company
over 1t is stated that the Canada Cop
per Company has valuable ore proper
ties, and that its present distress is
caused by the fact that the contractor
who undertook to build a railroad to
its property was unable, because OF
labor and other troubles, to do so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Textile Men Stirred by I'm
confirmed Reports Re-
garding the Wooden Pro-
ducfion Next Winter

Curtailme..t of production in manv
lines Of industry, particularly textiles,
has given rise to speculation concern
Ing the possibility of shortage of
needed merchandise for the spring
season. The WOODEN goods market was
stirred yesterday by rumor that the
American Wooden Company had de-
cided to carccl its orders for spring
goods, production of which should be
starting soon. The rumor, although
not given credence at the local Offices
of the firm, persisted in the market.
1t has been suggested that the volume
Of business booked by the woolca com
panies, unless augmented, might not
pay tho mills to run. Something Of
the same situation obtains in the silk
industry. In both these lines some
operators already are at work buying
up goods to be held for the rise
which they feel is coming on account
of possible diminished production.
Throughout the textile and allied
trades manufacturers are sending out
warnings that Il continuance of the
holding off policy Of retailers and Job
bers is leading to curtailment of such
proportions that complete stoppage
of production is not an impossibility
in the near future Sober minded
men in the trade assert that prices
have definitely passed the peak and
are on the downward trend, but the
curtailment of buying that rules in
certain trades is rot depressing prices
still further, serving rather to halt
production. A reaction IN prices from
some Of the low levels that have OBJ
tanned recently is being predicted in
some manufacturing quarters.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Business Troubles
petitions in RunkrIntcX

The following, petitions IN bankruptey
We're filed in the United States District
ED EBM HsS'1'01i b. ACKNOWLEDGEMENTS
petition BY Edmund b. Sieerson, tires.
Yonkers. who places his liabilities at
at $2.l50. OF which $500 IL real estate
and 500 stock in trade. John J. Finn, or
Yonke9s Is ;, sit9rHey for ths pe,ii on, ~
petition against solomon and Max Bern
stein. trading ~ s. Bernstein x SON
feathers 74I Broadway, on behalf OF three
creditors. The petltioning creditors and
amounts claimed are: Paramount SIX
Company. s+12, Great Western Feather
Company, $500 ana s. 5 May. 500.
Joseph krinsky is attorney for the petit
TONERS.
Receiver in Bankruptcy
The f9l9wng receiver in G sa 1'nlteg
- T. B &C GRoss coRpoRATIoN-Ju
Julian ". Mack appointed Robert SOLD
temporary receiver for the J. B. Gross Cor
porat!on, exporters and importers. $40
Nassau street, with bond Of s2.ooo.
Schedules in Bankruptcy
The following schedules in bankruptcy
were filed yesterday in the United States
D' GIibERT & FRlEDLAND INC
Schedules of Gilbert & Friedland Inc
music publishers, 2s2 West Forty sixth
Street show liabilities OF s4s $40, Of which
OF sl2.56o OF which stock in trade rep
resents $1,000. and patents copyrights
heiner is attorney for the bankrupts.
EQUITY DRESS SHOP INc-Soh edules
Of the Equity Dress shop Inc. 2s70 Broad r
way show liabilities OF ss.Sss, OF which
IS SAC are unsecured claims. and Of
sl.6e6 of which $1,000 represents stock in
trade
ALMADO CONNECTIONS. INC-sohed
ules OF tho Almsdo CONNECTIONS. He.
against whom petition was hed July IL.
1920 show liabilities OF g2SSl. OF which
s2O4sl are unsecured claims and asset 5
as s34. ss2. OF which sl9.Too represents ma
chinery. tools. etc, ss5l7 stock IN trade
and ss7ss debts due open accounts.
Whitlock a Scharf are attorneys for the
barkrupts.
SINGER MOTOR COMPANY-Judge
Mack appointed Robert Sold temporary
receiver Tor tho Singer Motor Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Commercial Credit

Increases in the number of CONNER
clal failures and the indications of still
more to come have made wholesale
credit men more wary of granting OK.
tensions or increasing the limits placed
upon customers. The lines are being
more tightly drawn than at aay time
since the price decline and tna m
creased hazard to business began last
spring. 1t is now felt in credit circles
that little is to be gained by exter ding
aid to businesses that are in financial
difficulties at present.
Commercial paper continues to dis
count at 8 per cent. The market for
bankers acceptances is said to be fair
ly active Rates are unchanged ct the
following quotations issued yesterday
by the American Acceptance Council:
A.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Requires at Least W. Per Cent

Suesti on-kindly give me your opinion
80 ~ eNew Jersey Zinc and Inspiration Copper
H ~. rs az Investments. If you regard either
or both as speculative, state Whether in
suur opinion they possess reasonably good
spetuia'iVe possibilities II one in willing
v y" IKE rea business mans chance, giving
;t1t reasons for your opinion. should
iike also to have a list of three or four
p ,,v,, STOCKS or bonds yielding re-
urn or not less than u per cent on the
INVESTMENT which you regard as reasona hIy
sa na inNeatments securities readily salable
ana IN the case OF the bonds NOT marur~
ihS 100 soon,-J. V. G.
Answer-Both New Jersey Zinc and
inspiration Copper are speculative, the
latter particularly so. The former is
company which has been, and is now,
we'll managed. 1t has been a large
Garner for many years, paying sub
Stahtlal dlvidends. We regard it as a
very fair business mans investment.
rractlcally all copper shares are spec
uiatlVe' The copper market has been
oepressed and the securities have sold
at low figures. In our opinion this
SITUATION has been very largely dis
counted, and while we do not regard
inspiration Copper as q good invest
ment we do think it may have specu-
latlve possibilities. We regard the new
french per cent bonds and Interna-
tlonal Mercantile Marine 6 per cent
ponds, 1914, as good investments for
your purposes. The former yield over
y per cent, while the latter show a
yearly yield of 7.30 per cent, with a
yield to maturity of 40 per cent. The
new bethlehem Steel Company equip
ment trust bonds to yield 1855 per cent
al. are good investments, in our opinion.
me following preferred stocks yield
oyer p per cent, all are listed on the
New York Stock Exchange and there
lore nave fairly good market Ma
eohal hnamelng and Stamping per
cent preferred, Allis Chalmers Der
cent preferred, American Brake Shoe
ana Foundry per cent preferred and
American Corn per cent preferred.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Stern Brothers Stock Inactive


Question: would like to have YOUR
opinion on Stern Bros. preferred stock. [
understand nn IT is paying per cent and 7
stated or quoted in the papers-W. j. D.
Answer-Stern Brothers have au-
thorzed and outstanding $500, 900
common and 100000 per cent Gu
mulatlve preferred stock, par values
500. The company was incorporated
January 81, 1910, and preferred divi-
dends were paid from March, 1911, to
March 1, 1914. inclusive, but none
thereafter until March /, 1920, when
the regular * per cent quarterly dis
bursement was resumed. On June /
and September /. 1920, ia per cent
was paid in addition to the regular div
ldeAd on account Of the accruals, which
now total 36&4 per cent. The stock is
not actively traded
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07

with bond Of $1,000. -
EAGLE MFG, CO.-Judge Mack ao
pointed Lawrence Berenson temporary 70
ceiVer for Joseph Peskin. trading as Eagle
MFG. Co, 459 broadway, with a bond
OF $3.50.
Assignments
s. BERNSTEIN 6 SON, manufacturing
marabou feathers at TAT Broadway ves
terday assigned for the benefit OF creditors
TO benjamin Eskowitz. The partners are
solomon Bernstein and Max Bernstein,
Schedules in the assignment of the Non
Alcoh0lic Beverage Company, Inc, OF 436
West Thirty eighth Street show liabilities
$3.50; nominal assets, Sl,l37, actual
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Investment
Information

Questions Of general interest to in
"estors ,ciil be ansaoered in this col
nn'n, ~ 'rhich case only initials wiu
90 Msed. Others acill be ans,oered BIZ
mo'f. Address all inquiries, inclos-
~ stamped, addressed envelopc, to
financial Editor, The Tribune. Is4
NASSAU Street, Neao York Ctr.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07

i to play great part in this
development. and the pro-
posed new financing os West
inghouse IS undoubtedly in
anticipation Of this and other
great expansion IN the use Of
electrical apparatus fer bust
ness purposes.
The current number Of our
Market Review contains a
thorough analysis Of the busi
ness, earnings and financial
conditions and plans of West
inghouse, with special refer
ence TO its commercial future.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
General Motors Co.'S Holdings

Question-Kindly give mo a list OF the
companies that the General Motors Com
pany Is interested in. also your opinion Of
the common stock at its present price to
buy outright for long publ. H. r.
Answer-The General Motors Cor
poration owns the following companies:
Buick, Cadillac, General Motors Truck,
Oakland Motor Works, Odds, Scripps-
Booth, Chevrolet, in addition to the
Canadian branches of several of these:
The Samson Truck, Klaxon Company,
New Departure Manufacturing Com
pan, Remy Electric and several other
accessories and parts companies. 1t
has plants in twenty eight cities here
and abroad The common stock is
speculative, for, like all common shares,
1t Is sensitive to earning power and
market and other conditions. Whether
you buy it now for a long pull depends
on whether you think its price has dis
counted the unfavorablc effects Of the
reconstruction adjustment process We
are unable to tell you. There are 5O,-
600, 600 outstanding shares of common
stock of no par value. On December
81, 1918, the net tangible assets ap-
plicabie TO the junior issue (Which
then was 500 par value) we're $1348
q share. Ten shares of the no-par
issue were issued for each OF the old
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
DIVIDEND NOTICES
CITIES SERVICE C0MpANY

'i'attf distribution sc. 20
Henry l. 4)oherty * s'asln4n, .f..l..
'Aae l'0 -"e4tle.h Aoutaiy Nistr.osrlun
"a ,-'' J. -tafss- iI-t o. bl-
ga %oN"ftoer ist. -9 TO- i5auf,ls ~...a.
~ .-,-'tN 81 i'' atii. l-4. ~4s ii 80
cents Oh each. Bankers .saar,
T.en. carpets rugs aaa dfaperies 1870
WYrHylLLE. Na.-Raao's Wogaan.s -hoD.
y. Ratio. millinery AID furs, Aberdeen.
WOO A'is*-7l.. r. Bennington
CO. H. E.. bennington saereh a rsl.ss
lnanagee. Alfred Fantl. 10 We4t Thirty
second Sstrtef.
Wit chiicren's wear. lI7o broadway.
Room CO.,
YoUNGsTO w., Ohio Strouss- illrst i bog
Co; Mre. W. G. Hsnes. r4efe aa
r. J. Beacon. Aimonos. bath robes cor
sets etc. AiisS H. SAAer. representative
1850 Broadway
fol NCafOnN y, ohio--stroves- Ilir- s. berg
O. Miss II. saler. sweaters pettleoa. -
SIX NaaerF3sar, Miss ~ Hanks. coats,
X T. beacon. lueg -aa ntl-e manager. aD-
p4Tel section; 1888 Broadway
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Irregular Trend
Again Features
Trading ON Curb
Higher Priced Issues Are
Among Most-Wanted In
dustrials; Oils Hold Fair
ly Steady: Demand Light

Although some of the lower priced
stocks were slightly weaker and gave
.nan irregular trend to trading on the
Curb yesterday, several higher priced
issues were again active and strong.
American Brass sold at 1893, du Pont de
Nemours at 222, up ., and Gillette
Safety Razor at 140.
rirestone Tire sold at 115 and Proctor
4 Gamble at III; Phelps Dodge was off
point at 1873, while both Maxwell
Chalmers stocks were slightly easier.
Submarine Boat was fractionally lower.
Petroleum stocks were little changed,
Carb Syndicate being one Of the strong
features, with an advance OF "a point
to Isis. simms was fractionally higher.
Maracaibo eased off slightly. but Salt
Creek was stronger and most Of the
others were steady
Mining shares were fairly steady and
not quite so active. Boston and Mon
tana moved within narrow range and
closed net unchanged.
Industrials
s s3S5 .Aem. oPs r. nigh g. Ley ~ Last =
5So Allied P Inc.
800 Am CANDY. sss 50 g 6
80 10 : Jaw" r a5s 80 ~ ~ 81 *
10 nab & wii..l9ss 100 los 100
70. & H .RFisr Hi ss % 81 80" 81 g sSh
1es :Buiss any, @@s liz liz liz ii.s
' Sc c ,s4s L MAN : m j.. X ~ ~
issS : :eSS.H St aSs : .. * ::
500 sCont Motors. IA "a
70 'D .ao br5 row s e sas sss e ss5
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07

The Westinghouse Baldwin
agreement for the nanutac-
ture of electric locomotives
places Westinghouse in
position that should enable
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
Covering by Shorts
InnrOres Corr Prices


- 49,, .;.l, .,.lo,+ .nd =, +bo oJ,,;co
sympathy WIN W'SH - ~ 0'i Wy u ~
on sess 70 noa con Ihs sa'S mea as1a
accoun. of the large supplies of old
Offering corn in Europe at reduced
prices The Balkans are also shlpp!ng
more corn to Europe and Argentina
is still strong competitor. Some
ennk, n0we~er '1 az Pl,ers nave us
and that the market will be domi-
Io a c yy I'll" MARKET Jat No. yellow was vas
quoted at sl.l9&4; No. mixed at
i - Gil. ne" 'ork' ten days SNIP
- CIV Yesterdays Previous Year
New York: close. close. ago.
c,bic 60" ''Tt
October '.......... a21. seib 1.26s4
oats-Prices N me oatS market were
ny % on cgTernf IN sy1ilHasny "i1n '''r
Neiues "eie u q &c net i.is.lVr; Coun,
Try offers ~ere said to be smaller and
prices were Considered low. ~, ,.,.
ana NO; Wnite were Qu0Ieu AZ SIC NO.
whi.e % e9 e 10 wna,s, S3e, iacny cnpped
all elevator yss.srd.v,s prsv,ou, vaar
'eSielo@S fIeVious lear
WV y: i'9N- aSp
Chicago;
December '..'.'. 's0%+ ~ 1879
May .....,...... so 5S7s 1874
Rye-Market firm.
Yesterdays Previous Year
New York: close. close. ago.
10. West. - S1s514 S1.92 1852
f'o"T 's"u preytas Var
c,u,,.. o Gl0pe cioSe' ago
''' IN toGI1, Ok $40 5m1175 s1o1o7 -
Corn erVeaI@ 10 Wv 'S roo '-'1V4
'oi niie ga .7o 9eo0 o,o eooA
o.ooP a''o 9.OV~ '.'o 0.soW -
rye no ~ n'<a,o M o-o1,ooo -o-ca
r,ron ''009 iO'O0 '''0a' 'o'Vo ''-'W GOV
Bran: ooo roooa .ooo
'"'oV@ o4'VVS 44'ooV
Butter, Cheese and Eggs
- hutter-H ,,p o,sa. piacNas as rs
cteatners, ias az Cra" ~
~ re; extras, 80 score, % rs "lsls' ~ 70
VI score % % y 1Ts'S, ~ 10 o. S",a
oV.a - . 80 seoU ~ ~ SO 20 ~ "a
w. se ,ssaI,aS Hfgbo thfn axtras seo9 s7c
extras. e4GC5c; frsts g@82c. seconds
as cole: state dairy tubs. finest GIG 62c:
80 Is q 5ac. renovated. extras, az @S2c;
ladies' current make, hrsts. ~ a 43c:
seconds. SO y q soc, lower grades. ~ q 5sc;
packing stock, current make. No. /. 40c;
Cheese-receipts were 2 $50 boxes state,
% ' &c; average rum, II 4 q sc fresh spe-
love- lover grades. 2o@2eisG: twins, fresh spe-
cials. rs 4 q IS lac, average run, white or
colored. 81 "A a 2sc. Wisconsin, fresh twins.
81 y q 27s. c. single Daisies, fresh or held.
q q = = Young Americas. fTesh, 2sis a sc;
Skins, held specials s q 20 Aac; fresh spe-
1 se faS 70 GOA R5g lover grsde
LQ 10c.
Eggs--Receipts were 1924 cases Fresh
gathered extras dozen, t9W1Qc; eN-
ira hrsts. &C. csc; frsts. GO Csc, seconds,
5s6.6lc. dirties, No. !, 50Qp5lc; checks,
fair to choice. dry 46 q 47c. refrigerator,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
The Electri;fcattos1 OF Industry
And lis Relation 10 Westinghouse
Electric & Manufacturing Company

DEVELOP MENT in the
electrihcation of Ameri-
can business enterprise
has manifested itself in
distinct cycles.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
BUYERS Coming


CINCINNATI Uenrv Geisrshofe- Clothing
Co. a ! l-.eDman. g5oolaass. es5 Slx.b
Avenue eSpectsa October II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07

The first period covered the
growth in biography follow
ing the Civil NVar-tae sec
ond, the Introduction OF elec-
trio lights and arc lamps
third, the development of
telephone communication -
fourth, the identification CT
city and suburban railways
fifth, the transformation dur
ing the past ten years from
steam TO electric power IN
operation OF industrial plants;
leading up TO the sixth and
present stage--tflc electrii1ca-
ton Of steam railroads. now
in its infancy, but undoubt-
eddy destined TO take its place
among the great progressive
movements Of the age.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
kcnnccott Copper

Qncslion--Would like statement OF
Kcnnecott copper and its prospects,
e. 4. i
Answer-The Kenneoott Copper Cor
poration is capitalized as follows: Ten
year per cent bonds, 1880, $4,000, 000
capital stock (no par value), 100000
shares, outstanding 2,7S7,07S shares
The dividend rate is 81 a year, payable
quarterly March 81, etc. The company
holds about 81 500 shares of the Utah
Copper Company, The company owns
large copper mining and coal proper
ties in Alaska and steamship line
and q railroad. AS of December 81
last The net assets available for the
stock amounted to S122,279,262, or
S43.S7 share. Indicated earnings a
share on the stock have varied from
1892 in 1916 to 16 cents in 1919. The
stock is speculative. The outlook for
the copper producers is not as good
now as it has been because of the great
falling off in foreign demand. When
conditions will improve we cannot
guess
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
German Internal Bonds

Unlisted. fsells cents nor ,b,ra
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07
OFFERINGS TO BUYERS

Dltts-.S heavily oeaes~i lulii4rlfs All
Naei. Freach segse. sT5 regular. 70
t-t-fl- u So les. including feAs ffnaSlly hrafa.
-M k..esner sons IS r s2a 81
ritBCol-N a,~gle3 sSss. black o4ss NFt.,
ShlL tt,sl-. ss1e. f3ss ll9s sos7. goia.
leAes, sifsf-ones Madison square e5l
COATS. intermediate. chlidren.s. funlors
ladies' coats. close out. Eaals9n < Haue
T. " 80
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-10-07

sAit5. Es--.sl4 1901. 1870. cheiss.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-05-20

mittee. The shippers are insistent
that the alarming shortage of cars,
which has existed for a long period,
shall be cared for. They say that
there will be heavy losses during
the coming crop-moving season OH
account of lack of cars to handle
their products. At the Washington
conference it developed that the
turning over of car and locomotive
plants for the manufacture of war
materials has resulted in three
years shortage of orders for the new
equipment, which is estimated at
225, 900 freight cars, 600 passen-
ger cars and 5000 locomotives.
Railroad executives estimate that
nearly one-halt of these require
ments must be met this year. The
estimated cost Of new equipment
needed to make up the total war
deficiency is ST., O0,00O,OOO, OF
which the estimated cost of the
minimum 1920 requirements is
SOLO, 900, 600.
The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1920-05-20
Will Use Rifles of Veterans.

Rifles that were actually used by
United States marines against the
Huns in France at Belleau wood,
scissors. ST. Mihiel, Champagne or in
the Argonne viii be issued to recruits
who never saw fight when the big
job just begun at the marine corps de-
pot of supplies at Chicago is finished.
All the rifles used by marines in
France have been turned in at the de-
pot to be refnished and repaired. So
well did their bearers care for them
that most of them can he used again.
When they come out of the gunshop
as good as new they will be issued to
recruits, who will be inspired by the
knowledge that they carry the same
rifles that were used in the world war