davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
FINANCIAL NOTES.

Central Union Trust company has been mp
nnlnted transfer aren't IN Now York OF The
General Asphalt preferred and common.
Gulf States Steel Company's net earnings
pr October, after deductions for taxes, do
probation. &C., were Si00.739.
Directors Of the Lawyers Mortrage Com
many have elected Col. Howard S nordon
~ ". @ y. Borden Sons. and Frederick
IT, Coudert 20 IT'S directorate.
Harvey Fisk & Sons announce the reslrna-
tion ~ Arthur ". Wtrtcrvcl y fter more than
kwpn'y yeaft Of s0r0. To- lion with them. Mr.
Nestervet Resigns % become n Wcc-prCal-
dent % the American Trust Company and
Nfli assume hia new duties on December ].
WIN. A. Read & CO... ~ syndicate man
ayers for the issue 10 $4,000, 600 Of twenty
year per cent. bonds Of the Canadian
Northern Railway ~ TIE Canadian National
Railway SYSTEM announce that Its sub
scriptiou hooks have boon cloaed, the issue
having been largely ovcr7uhscrlbed.
Superior OF Corporation has declared r.
dividend Of 80 cents nhare. payable on
December 20 10 stockholders ~ record on
december z, 30 cents being payable out ~
ihc conpany'a surplus Carninga and - cents
being q distribution out ~ surplus. or that
portion Of capital represented by prior earn
inss set aside na reserve FOR depletion,
concerning which subsequent advice VIII be
given.
Royal Bank o. Canada IL distributing 70
fis STAFF bonus OF 20 per cent. on their
salaricr, payable ON December 10.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
GENERAL ASPHALT HAS
$4,000, 200 ISSUE PLAN
Stockholders to Vote on Prof
ect December Z.

Directors Of the General Asphalt Com
pany. II was announced yesterday. have
called a special meeting OF It's stock
holders, to be held on December z. in
Camden. N. j.. to authorize and issue
$4,000 of per cent. ten year sink
ing fund convertible gold bonds. The
purpose Of the issue Is to provide funds
for additional working capital and help
defray the cost OF replacing the plant at
Maurer ". j.. not covered by insurance
The company's preferred and common
stockholders OF record on December Z
will have the right to subscribe TO the
proposed issue, dated December l. 20 the
extent OF 1A6 per cent Of their holdings
for 9Sia and accrued interest. The right
10 subscribe will expire on December o..
The balance not taken by 3 ockholdors.
~ any. VIII be offered to the public at
the price the bonds will, he offered to the
stockholders, the issue being underwrit-
ten.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
southern Paciac's Plan.

Menbers Of the executive committee
Of the Southern Pacific Company met
Yesterday. but no hint of developments
in connection with the distribution of It's
oil land assets was allowed to creep out
OF the conference. IT was learned that
two of its prominent directors who have
had a hand In drawing the plan for the
segregation of the company's properties
have gone to Texas and will not return
until next Thursday night. Traders on
the floor of the Exchange were guess
ing yesterday that the details OF the
plan would be made public after the
close of the market next Friday after
noon
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
BANKS HELP HOSPITAL FUND.
Large Gifts Seat In by Financial
FnstItutions.

Gates w. McGarrah. president OF the
Mechanics and Metals National Bank.
who is chairman OF the patrons com
mttee for the United Hospital Fund.
has reported encouraging progress on
the canvass of banks apd downtown
bond houses for the annual fund TO
provide free treatment for the poor at
fifty-seven OF New York's non-tnunici-
pal hospitals.
Among the largest gifts sent in TO
Albert III. Wiggin. treasurer, at the
Chase National Bank, were $3.50 from
w. r.. Grace & Co, $1,000 from the
Equitable Trust Company. $1,000 from
the American Exchange National Bank,
81 900 from Harris. Forbes Co. and
others of varying amounts from George
II. Burr & Co, Hornblower a. Weeks.
Carl VI. Pforzheimer & Co., Philippine
National Bank, Standard Bank Of South
Africa, Ltd Coffin g Co. Blair g. Co.,
stephen -. Weld & Co., Lincoln Trust
Co. Chandler & Co, Inc. and the Royal
Bank OF Canada.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Mercantile Failures Fall on.

Business failures in the United States
show this week sharp falling off from
the figures of the preceding week. ac-
cording to statistics compiled by the COM
mercial reporting agencies. r. G. Dun
& Co. place the weeks figures at 2l9, IN
contrast to 263 last week. 25O In the last
previous week and 81 in the correspond
ing week Of last year. Bradstreets
placed the number at 200, against 3O7
last week. 1O1 in the corresponding 1913
period. III In the corresponding time OF
1918. 2O7 in the corresponding week OF
1917, and 297 In the corresponding
period of 1916. The declines, II is ex-
planned probably are due to the fact
that this week contained a holiday.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
THE
PHILADELPHIA
NATIONAL
BANK
WHY'S WILL ISSUE SCRIP.
First Preferred Holders to Get Is
sue I'm Lieu of Dividends.

Directors OF the WHY'S Corporation
have decided to pay the dividend due
on the first preferred stock on December
IN the form Of negotiable one year
scrip. accordn g to notice sent 10 the
first preferred stockholders yesterday by
e. p. Mertz. secretary This scrip will
be callable at par and will be payable
70 stockholders OF record November %.
The action Is taken, the notice said.
owing to the acute stringency III the
money market, the necessity Of carry
ing Inventories and IN order 10 conserve
cash assets and credit resources"
Secretary Mertz's. statement shows
net profits or S3,6O4.6O for the eight
months ended August 81 before taxes
and dividends. This compared with
S4.14i,25 net profits from operation for
the fun year 1919 The statement says
also that profits for tn, last four months
Of the year will not add appreciably to
the total
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
EXPORTS IN OCTOBER
INCREASED $4,000, 900
Imports Drop 81 100000 in
Same Month.

wAsHNeroN. Nov 26--Exports dur
ing October increased nearly 10000
900 and imports decreased approximately
100000. foreign trade figures made
public to-day by the Department OF Com
merce show. Exports were valued at
S752. 1000. 900. against s6O5 900. 900 in
September, and imports were valued at
SS62.O00.OO
The excess OF exports over imports In
October, amounting to $4,000 900, is
the largest In any month Of 1890
In ten months ended with October ex-
ports were S6.S82. 100000. agalnet So
400, 600, 900 in the corresponding 1919
period and imports were Sf,720.O 900.
or s1,62i 100000 more than during the
corresponding period Of last year Thus
the trade balance In favor Of the United
States for the first ton months OF this
year is $2.l12.00O.00O. against a balance
for the preceding corresponding period
of 81 400 900. 900.
Imports OF gold during October we're
the largest in three years, amounting 70
$4,000. 900 against 39000.0 600 In Sep
tember and 81 100000 In october OF last
year. For the 1890 ten months period
gold imports amounted TO 1919. 100000.
against sci .0O0. 900 In the corresponding
period ~ 1919. Gold exports IN October
we're s26 900 600. AGAINST S44,0o0.000 In
October last year, and Tor the ten months
ended with October exports or gold
amounted to s2S5,o00 600. against s270.-
900 600 In the corresponding period last
year.
Trade In silver remains relatively
small. the statement said Imports for
ton months ended with October we're
SIS 600 600 against S7a.000.000 In last
vear's corresponding months. and ex-
ports were s10A 100000. In contrast 70
$3.50. 000. 900 I'm the corresponding 1919
period The figures for October were
not given
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
CORN EXCHANGE BANK
WILL INCREASE STOCK
To Total $500, 1000 With
$4,000 New Shares at 500.

The New York Stock Exchange re-
ceived notice yesterday from the Corn
Exchange Bank that it purposed to in
crease It's capital stock from $4,000, 900
to $500. 900 by the issuance OF $4,000
new shares at 500 each. Action will
be taken at special meeting OF stock
holders December II. notice Of which
was sent to shareholders yesterday.
The subscription privilege proposed Is
on the bass OF % per cent OF the hold
ings OF the subscribing stockholders Of
record on December % This will be
the fourth increase In capital for this
bank within two years. on January 21.
1919. the stockholders voted 20 increase
the cap tai stock from S3.b00,000 to
$4,000, 900. about year ago TO s4.620.-
600, and on June ~ to s6,00O,000 In
each case tho offering price was 500 a
share
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
TOPICS OF WALL STREET.
Buying Southern CoaIers.

The strength In recent sessions OF
Pittsburg and West Virginia and Nor
folk and Western has been attributed. I'm
some quarters. to the fact that this
years Increases in earnings OF those
roads have been extraordinarily large
II is reported In the Street that the Pitts
burg and West Virginias directors have
decided to declare its dividends at the
rate OF S4 That roads earnings are re-
ported to be running at the annual rate
OF 20 per cent. on it's common. Norfolk
and Westerns September operating reve-
nues Increased % per cent. compared
with those of that month Of 1919. and
II Is reported its October gain will be
close to 81 per cent.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Copper Sells ut 1917 Cents.

For the first time since the decline In
copper started several months ago the
red metal sold yesterday for 13A cents
a pound. a new low figure Approx
mately 100000 pounds were taken In
that order. Most dealers quote first
quarter copper at IA cents. The copper
market was characterized yesterday by
one of the big dealers as dead" with
activity only in cases In which producers
or holders tired of their Jobs and de-
cided to dump their holdings for what
they would bring.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
"MopERN MILLnRs" OUTLOOK

Special Despatch 70 THE New YORK HEnsLD
CHICAGO, Nov. 26.--According to the
Modern Miller, winter wheat Is maxi
ing seasonable progress. In Kansas and
Oklahoma much Of Il Is being pastured.
It's growth In more Northern States was
retarded by cold weather. but the crop
now Is making gains Root growth Is
reported generally satisfactory and in
most Of the territory there is a fairly
even stand. There have been beneficial
SHOWS over the Southwest and sufficient
moisture is reported generally. Farmers
are hauling comparatively little wheat
to country loading stations"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Commercial Discount Rate Lower.

A large downtown bank announced
yesterday a reduction In the rate that 1t
would charge for commercial discounts
from per cent. to per cent. The
president of that institution said that the
per cent rate had been In operation
sufficiently long to serve its purpose In
bringing about a proper readjustment
He considered that it was proper. fair
course to pursue In the Interest OF ousi-
ness In general and that 1t would con-
vey to the public mind justifiable re-
assurance of the progress being made as
a result of the reserve banks policy.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
G. AND O. PLANS BOND ISSUE.

WASHINGTON, Nov. 26.-Thc Chesa-
peake and Ohio Railroad applied to-day
20 the Interstate Commerce Commission
for permission to issue S4.5O0.00O OF
equipment trust certificates 20 bear in
terest at 6 "a per cent and 20 mature IN
twelve equal payments beginning on De-
cember l. 1924. The road asked permits
ttDn 20 Issue S2699,0O0 Of Improvement
mortgage bonds. which. with other secu-
rifles, viii be offered as security for a
Covernment loan OF s3.75e.0O0
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
EXPORTS FROM NEW YoRx.

Exports from New York Yesterday.
Wheat, sN,2Sl bu.: corn, 1928 bu. oats
1900 bu. rye, 1S6.si9 bu. BARLEY. 1910
bu. buclowheat, 1850 bu; pork, 7S
bbls.; beef 3Ss bills; beef 1921 tierces
bacons, 295,oQ0 lbs, hams. 1000 lbs. ;
lard. 8.47S020 lbs: tallow, 10000 lbs.;
grease. il44OO lbs; flour. S2,Ol6 sacks
grass seed, COG bags; oil cake, 1889, 100
lbs; huttor, $3.50 lbs; cheese 1900 lbs. ;
cottonseed oil, $4,000 lbs; lubricating
OF. ~, 200 gallons
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Gold I'm ports.

Kuhn, Loeb G. Co announced yester-
day that two gold shipments would be
made from England within the next few
DAYS. The Celtic will bring S725.0O0
and the Finland s2.675.0O0. The total Of
gold imports of Kuhn, Loeb & Co. this
year including the two current ship
ments, Is $69.925,000.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
VIEW ORLEANS COTTON MARKET

NEW ORLEANS, Nov 26--Selling was
persistent and heavy in the cotton mar
ket to-day. January trading down TO
14.41c. and July to 1850, closing as
follows: December, 1880. January.
15.1Sc. March. i5.22c. May. 15.20c (;
July, 15.15c,; spot quiet, soc. lower /.
middling, 1850
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
mig SURPLUS ny FISHER BoDY.

Fisher Body Corporation reported
yesterday that earnings for the three
months ended October 81 showed n sur
plus after charges and Federal taxes Of
1851 ISL, equivalent to s505 share
earned on the 10000 shares Of common
stock OF no par value, after allowing for
preferred dividends. Surplus for the six
months was s4.S27oi, or 1914 a share on
the common after preferred dividends.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Rails Advance, IndustriaIs Drop.

The wide advance In some rails used
In compiling the daily averages and the
wide declines in certain industFials used
for the same purpose gave yesterdays
average q peculiarly mixed tinge last
night. Twenty representative rails re-
Elected an advance of 40. closing at
1888. Twenty representative industrials
dropped 1.12. to 1858.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Pure OIL Company Gets Well.

Officials OF the Pure OIL Company an
nounced yesterday that new well on
Coal River had Just been brought In.
1t proves up. officials of the corporation
saw. about two miles additional to the
Cabin Creek property and about five
miles of undeveloped acreage.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Greek Exchanges Weak.

Tho unsettled political situation In
Greece and the uncertainty regarding
retaliatory financial action by the prin-
cipal countries brought a decline OF rs
points. 10 SEQ cents a drachma. in Gre
clan exchange yesterday. Practically all
other exchanges were steady.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
American WOODEN.

Directors OF the American Wooden
Company Will meet early next week and.
according to information In quarters I'M
usually close TO that corporation, they
will make no change in Its per cent.
dividend rate despite the fact that mos,
of its mills are shut down.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
CUSTOM nousn nnCEIFTs.

Receipts for duties az the Custom
House yesterday was s651.619.95, OF
which St93.414.42 was for merchandise
withdrawn from bonded warehouses ana
S45S, 205.53 for recent importatons.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
LONDON MONEY MARKET.

LoNpoN, Nov. 2G.--Bar silver. 4S%d
an ounce Bar gold. 117a. Cd Money
5is per cent. Discount rates, short bills
G13-16d6Tk per cent Three months
bills, 611-16 per cent. Gold premium
% lisbon. 40.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
MONEY AND EXCHANGE.


CLEARING HOUSE STATEMENT.
Clearing House exchanges, So24. 1875, Oa8 I;
balances, saf. SH5 $40; Sub-rreasury debit
balances, 81 ,4A4.i7s; Federal Reserve credit
balances, So. SIS 1916.
SILVER MARKETS.
official bar silver IN New York: Domestic
q9ikc an ounce. unchanged. foreign, T5iAc
up 3i5c. London 4sstd., up 24d.: Mexican
dollar, 5fMd. up 2Md.
CANADIAN EXCHANGE.
New York funds IN Montreal. sfss 20 pre-.
MUM per 81 900; Montreal funds IN New
York St2f.sf per 81 900.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
STEEL PRICES CUT
BY INDEPENDENTS
Jones h Laughlin's Lead Is
Followed by Other Pitts
burg Manufacturers.

PTTrsBURG, Nov. 26.--Most Of the IN
dependent steel companies have followed
the lead OF the Jones & Laughlin Steel
Company of Pittsburg. which reduced
prices on bars. plates and structural
shapes to-day to the level of the United
States Industrial Boards prices OF
March. 1919. or are about to do so. ac-
cording to high steel authorities here.
Several of the larger independent inter-
ests have advised their sales offices IN
New York. Chicago. Philadelphia. Cleve-
land and other cities. It was said. to
accept new business at the Industrial
Boards prices
The new prices adopted by the largest
independent interest and made effective
to-day are: Steel bars. sass; structural
shapes. S2.45; plates. S2.65; base. Pitts
burg. Adjustments in prices OF wire
and cold rolled steel are to follow.
No reduction In wages is contemplated
Immediately. according to the best In
formation obta Unable. II was freely
predicted by steel officials. however. that
a wage reduction is Inevitable within the
next few weeks.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
PENNsYLvANIA OIL MARKET.

OIL CITY, Nov. 26,--Credit balances
s61O. Runs. t00.559; average, sass
Shipments, s2,111; average, J6,15i.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27

55D60. Pulled: Delaine, 90: A. A., so
A. supers, 6O@65. Mohairs; Best comb
ing, 4O942; best carding, 338 35.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
High Prices That Prevailed.

The new selling prices are not COM
parable with previous prices on any fixed
basis. as some of the independents have
been asking as high as S4 for bars,
plates and shapes. It was reported. and
others have been receiving more con-
sentative prices. ranging between $S and
1925.
The general feeling throughout the
trade here is one of satisfaction at the
decision to reduce prices 70 the same
level as the United States Steel Cor
poration. which has not asked prices
above those fixed by the Industrial
Board 1t Is believed here now that the
immediate result VIII be to stabilize the
market and that the move is the be-
ginning of tho reimbursement in the steel
trade.
The sentiment here seemed TO be that
the bottom level Of prices had been
reached and that as soon as wages and
other costs were lowered the Industry
would move forward into new period
of prosperity based on the requirements
OF the building trade. the rehabil tation
of the railroads and export business to
European countries and the Orient.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
Pipe and Tubes In Good Demand.

feature Of the situation is the con-
tinued steady demand for steel pipe and
all tubular goods steel officials said, for
which there IS heavy buying IN the Oil
industry and also I'm the building trades,
A firm demand for these. II was said.
and for certain wire products notably
nails. has resulted In the prices on these
commodities not being reduced to the
Industrial Boards prices.
The Jones & Laughlin Company has
not at any time during the last year
been asking the top prices which many
other independents have been receiving.
No statement was made by the company.
other than to say the lower prices arc
due TO the law OF supply and demand.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-27
NEW YORK STOCK EXCHANGE QUOTATIONS
A O

FRIDAY. NOVEMBER 20. 1920.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-28
HARRIET.

Harriet, by all right Of significance
should belong to ireland since it means
home rule" But in reality. it has it's
origin in old Morse mythology where
there was porter Of Nalhall called
Hetmdal. who watched the further end
or the rainbow bridge BtTuSt to guard
the Aesir from the giants. His name
is explained by trauRatnE the helm"
as home II was through this Helmdali
that all the Henrys and Harrys came
TO be.
The feminine Of the name was in
vented In the sixteenth century 1t is
thought to have originated In France
since Henrict Stuart appears In the
house Of Stuart d'Auhigne in 1886, and
there were n number OF IIenriettes TO
match the Iienris Of the court Of Cath
crime de Madicis England received the
name from the daughter of Henry ~,
Henriette Marie. whom the prayerbook
calls Queen Mary. though her god chill
dren were all called Henrietta. The
queens name was given the French
pronunciation. which is Hawyot, and
In that became a separate proper name.
Harriet Is also pronounced in that
manner by thos who are excessively
given to propriety
In England Henrietta is as great a
favorite as Harriet Another spelling OF
the latter is Harriet. Hattie, Hetty
and Eta are diminutves Henriette
Is purely French and Henriette and
Jette are Teutonic. Italy has an En-
rtghetta, which Is the equivalent OF
HARRIET. Spain has evolved the musical
Enriqueta,
The moonstone is Harrietts tails
manic gem. Through some mystic con :
nection with India and her sacred col
ors. It Is said that Harrletts color Is
yellow II she wears this and moon
Oh. tar{1 huNr
attract the love of men. Monday ia
her lucky day and her lucky number.
Copyright, 1920, by the Wheeler Syn
dictate. lncD
The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-28
JINGLE NIGGEYttk.22l 8
BEDTIYE STORY
UNCLE WIGGILY AND sANINIIE's DOOR STOP.

mas. carved out a piece Of wood shaped
Just like Uncle Wigsily only not quite
so large, OF course, And then to the
bottom OF the wooden rabbit Sammie
fastened fiat stone, tying IL on with
string II was as heavy as a brick
There. now your door won't slam
shut any more, mother" said Sammie,
rs he finished his work and took the
carved wooden rabbit in the burrow
This will stop the door from bang
ing
oh how kind of you. sammie," said
Mrs. Littletail
Perfectly sweet Of him" exclaimed
Nurse Jane.
And when the rabbit door stop.
weighted with a piece OF stone was
set in front Of the dining room door.
it could not blow shut, no matter how
much breeze there was
Everyone said Sammie was very
smart and the rabbit boy himself, was
glad Uncle Wiggily had told him how
to make door stop, And now I'm
going TO tell YOU what happened next
One warm day the outside door Of
the underground house was left open,
Uncle Wiggily had gone to look for an
adventure, and Mrs. Littletail and Nurse
Jane had gone to the back fence to
speak to Mrs Wibblewobbie the duck
lady, to ask her the best way to make
blue clothes red on wash day.
And into the burrow sneaked the bad
old SkeeziCks.
Maybe I'll find Uncle Wiggly asleep
In his easy chair, and I can get his
souse before he wakes up" snickered
the Skee
Into the burrow came the Skee. He
looked toward the dining room, being
hungry for souse.
oh, there's Uncle wigglly, right by
the door" whispered the Skee to him
self. HE looks little smaller-guess
the cold must have shrunk him. But
I'll get his souse,'"
He made jump, grabbed up rabbit
and was out of doors in the twinkling
of an eye. Far over the fields and
through the woods ran the Skee, and
then he stopped,
Now for your souse, Uncle Wiggily"
he cried. And then such howl as the
Skee gave.
Fooled again." he cried. This Is
only a wooden rabbit made to look like
Uncle Wiggily! oh, trolleycars!'
The Skee had taken Sammies door
stop in mistake for Mr., Longears, but
the rabbit boy soon made another, and
after that the door never slammed. SO
If the SNOWFALL doesn't throw bean bags
at the goldfish and make it jump out of
the bathtub, I'll tell you next about
Uncle Wiggily and SuSie's mtttens.