davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-08-07
Commercial Credit

The need for money in many indus
tries and the inability to procure it
from the banks is shown by the large
number of lots Of merchandise that are
being thrown on the market at low
prices at present. In some cases re-
tailers are offering their entire stocks
of some lines. such as mems clothing,
to jobbers who are in position to
pay cash for them.
Throughout the silk, cotton and
WOODEN goods trades it is possible to
find dealers who are willing to sell
goods for much less than the cost of
production figured on the lowered costs
Of raw materials. Leading manufacture
ers are trying to estimate the amount
of such goods that remain in hands too
weak to hold them for any length Of
time. In some quarters it is felt that
new business cannot proceed definitely
until present stocks that lack financial
backing are liquidated.
Commercial money rates showed no
change yesterday. Commercial paper
issued by the best known names dis
counted at tx and per cent, while
that coming from houses not so we'll
known discounted at 8A per cent.
Bankers acceptance rates quoted by
the American Acceptance Council
New-York tribune., 1920-08-07
Current Year
Dricos acO

Sugar, gran. lb.. 2icQps2.5oc sg &C.
Coffee, Rio, No. lOl1 22c
Coffee. Santos, No. I. 22t &C O. 237sc soc @3UAc
Yesterdays coffee market was ir-
regular as far as price movements we're
concerned and during the day all active
months broke into new low ground
again.
On the call, prices were 10 to 13
points lower on the break in Rio. and
later sold off to 80 for September
and to 9.55 for December on further
weakness at Santos, as officially re-
ported to the exchange.
Then came rally on covering, with
values later breaking Sharply to about
the low point and quick recovery
just before the close of to 10 points.
the close showing net losses for the
day of II to II points. Bear pressure
and scattered liquidation was in evil
dence most of the day. with one or two
strong interests accommodating con-
TRACTS on the way down.
There were said to have been sales
of poorly described Santos cotfees at
a very low price, but the buyine was
not at all general and Santos shippers
are complaining Of the small amount
OF coffee they have recently sold. The
local spot market was quiet, nominally
unchanged and Is (Rio) held at 1ON.
The range of prices follows:
New-York tribune., 1920-08-07
Made-Over BROOKLYN
Heights House Is Sold

Oliver f. Yale & Co., as agents for
The Heights Company, Inc, sold 90
Willow Street, a three-story and base
ment brick one-family modernzed
home on lot 22.4x76. This is one of a
number of houses that The Heights
Company, Inc, is rcnovating through
out Brooklyn Heights.
Henry Pierson G. Co. sold 1877 Ster-
ling Place, three story and basement
stone dwelling, for M. NJ. Miller.
The Bulkley & Horton Company sold
10 Gates Avenue, between ST. James
Place and Cambridge Place, four
story and basement dwelling on lot 2Ox
100 for DR.. A. j. Long
New-York tribune., 1920-08-07
Business Troubles
Receivers in Bankruptcy

Receivers In bankruptcy appointed yes
terday in the United States District Court
were follows:
ABRAHAM G. LIPPERT-Judge Angus
tus n. Hand appointed Arthur Y. Dalziel
receiver for Abraham G. Lippert, manu-
facturer mems clothing. trading as A. G..
Lippert & Co., $50 Broadway with a bond
Of $4,000 Liabilities. $4,000; assets.
$4,000
STEIN. ROTTENBERG vANNIER-
Judge Hand appointed Augustus Derby
receiver for Samuel Stein. Joseph Rotten
berg and Peter Vannier. manufacturing
furriers. trading as Stein. Rottenberg e.
Nanner. 212 West Twenty ninth Street,
with bond OF $4,000.
BRESIN & BELIKOFF-Judge Hand
appointed B. NJ. Squires receiver for
Charles Bresin and Morris Beikoff, manu-
facturers and jobbers silks and woolens,
trading Bresn G. Beikoff. 1890 Fifth
Avenue. with bond Of $4,000. Liabilities,
$4,000; assets. $4,000
NJ. SPIELBERGER &: BRO-Judge
Hand appointed Augustus Derby receiver
for Morris and Sigmund Spielberger, dress
manufacturers, trading NJ. Speberger
e Bro. Al West Seventeenth Street with
a bond OF $1,000 Liabilities. $40 900; as
sets. $4,000
HORNsTEIN. scHULK1N sALTz-
MAN-Judge Hand appointed A. Wellcs
Stump receiver for Hyman Hornstein Max
Schulkin and Sander Satzman, manufac-
turing furriers. trading Hornstein.
Schulkin e. Saltzman. 279 Seventh Avenue.
with bond OF $1,000. Liabilities. $40. 900;
assets, $500.
New-York tribune., 1920-08-07
Credit Association
OF international
Scope Is Planned
Many Organizations Inter
sested in World Project
to Aid Foreign Trade F;
Will War on Fraud S

Plans for the establishment of an
international credit organization, with
bureaus in five major European coun-
tries. are being considered by repre-
sentatives of several trade organza
tions and the National Association of
Credit Men. The proposed interna
tional foreign credit Interchange bureau
will be operated in conjunction with
the International Chamber of Com
merce.
Among the organizations interested
in the project are the American Manu-
facturers' Export Association, the For
eign Trade Council and the National
Association of Manufacturers. The new
organization will take over much of
the work that is now done in duplicate
by these trade bodies and will have the
cooperation of the National Associa-
tion of Credit Men and the Bureau of
Foreign and Domestic Commerce.
Hundreds of millions of dollars are
lost annually through commercial
frauds perpetrated by concerns in other
countries which take advantage of
American business houses. An attempt
to curb these professional swindlers
and also to prevent the reputation of
contracts on a falling market will be
ment Of the National Association of
Credit Men.
j. h. Tregoe, secretary-treasurer OF
the National Association of Credit Men,
announced the election of the follow
ing as members of the executive COM
mittee of the foreign credit depart
ment: l.. R. Browne, International
Western Electric Company, chairman; {;
0. X. Davis, of the Foreign Trade
Council; Robert F. Volentine, of the
American Manufacturers Export Asso-
citation; w. NJ. Benney, National Asso-
citation of Manufacturers; G. A.
O'Reilly, Irving National Bank; ]. A.
Broderick, National Bank of Com
merce; Herbert A. Stanton, Norton
Company; C. D. Potter, Devoe & Ray
nolds, Inc; j. L. Thompson, Yale &
Towne Manufacturing Company; c. NJ.
Freeman, Rubberset Company; c. S.
Van Winkle, interviewer Stocking Com
pany; w. D. Anderson, Atlantic Re-
fining Company; Anson R. R. Clark,
Bureau Of Foreign and Domestic Com
merce, and E. E. Huber, Eberhard
Faber Company
The committee proposes to inform
merchants in foreign countries what
has been accomplished in the United
States in the building UP of domestic
credit technique and to point out to
them that the same principles will be
applied to foreign buyers in the build
Ing up of foreign credit technique.
Foreign newspapers will be used to
inform business men abroad regarding
the purposes of the committee. o. K.
Davis, R. F. Volentine and w M. Ben
ney were appointed members of pub
licity committee to handle this matter.
New-York tribune., 1920-08-07
Investors Lead
G, i'm
Many Sections
Take Control of Dwelling
Market East and West
of Central Park; Outbid
Spectators
Douglas Gibbons & Co. and Douglas

Douglas Gibbons & Co. and Douglas
Seventy Street Syndicate, Inc, 176
East Seventy fifth Street, n thrce-story
dwelling, to Il client, who after cXton-
sive alterations will occupy it as her
residence. The same brokers recently
sold 157 and 159 East Seventy fth
Street to Miss Marjorie Mott and Miss
Harriet Rogers.
William B. May g. Co. have sold for
Mrs. K. M. Wallach the four-story and
basement dwelling at 1870 East Seventy
ninth Street to client who intends to
remodel the premises extensively The
property has a frontage of 10 feet and
is Immediately opposite several impor~
tant improvements now being made for
occupancy.
James II. Crukshank has resold to
an investor 222 East Eighty second
Street, three story dwelling, 20x100.
SCHNEIDER & Liebcr were the brokers.
The three-story dwelling, 1870. at
514 East Fifty-eighth Street, near Sut-
ton Place, has been sold by the Sutton
Square, Inc, to Rosecrans Baldwin.
Eleanor Mitchell bought from Eu-
gene Chauvin the three story dwelling,
19.2x1O05, at 252 East Forty eighth
of Second Avenue.
New West Side Home Owners
The Cusack company sold to client,
who will occupy, the four-story and
basement dwelling at 10 West Sew
enty-tirst Street.
George F. Shrady is the buyer of the
dwelling at 1928 West Eighty
Street, sold by William C. Tragcser.
The four-story dwelling at GO West
Ninety-seventh Street, 2Ox100, has been
sold by Bella Frankel to Sophie Kleit-
man.
Rosario s. Mazzola sold to Ethel
Quinn the four story dwelling, 20x100,
at 23' West Eighty seventh Street
The three-story dwelling at IA Hen
derson Place, 17.4x46, has been sold by
Clara L. Limburg to Mary f. Watkins.
Elizabeth Sudhop bought from Max
M. Bowman the fivestory dwelling, 1Sx
1908, at 361 West Fifty-tirst Street,
near Ninth Avenue.
Trading North of Central Park
Ida Walton sold through Edward
Willmann, the hree-story dwelling at
269 West 121st Street, 17N1OO, to Luke
Snedecker for occupancy.
Morris Florea sold for Leon Dauber
to Abraham Levett the dwelling at IS
west llSth street. The purchaser Will
alter the premises into store and
dwelling and will occupy the store
floor for his fur business.
Harry Meschenbcrg bought from
Katherine l.. Minifie the two and one
half story dwelling, 25x99.11, at 161
West ,129th Street, near Seventh Ave
nue..
The three-story dwelling, 161Ox99 II,
at 80 East both Stree sdjoining the
southwest corner of Madison Avenue,
has been sold by Fannie Braun to
John j. and Elizabeth Magrath.
Downtown Dwellings Sold
The two four-story houses, on plot
40.7x69, at 311-313 East Eight
Street, near Avenue B, have been
purchased by Ida Bernstein from Lam
bert Suydam, as executor.
The three-story dwelling, 24.6y9S.6,
at so Barrow Street, near Bedford
Street, has been sold by Hunt Die
derich to Harold Shellack
New-York tribune., 1920-08-07
Cotton Goods Coming Back
Sheetings Exported to the Le-
want Being Returned

A considerable quantity of sheetings
and colored drill bought some time ago
and exported to the Levant will be
thrown back on the domestic market
within a few days, according to re-
liable reports in the cotton goods trade.
1t is also expected that goods re-
tarned from China, following the drop
in the price of silver, will reach ahis
country in the near future and add to
the surplus of goods that await re-
distribution. Efforts are being made,
it is said, to find a market for the
sheetings and drills in South America,
although buying from that quarter has
shown tendency to recede with the
fall in values here
Exports of cotton goods are extreme
ly limited at present, although many
in the trade assert that foreign buy
ers are merely awaiting a stabilization
of prices and are not bothered much
by the exchange problem.
New-York tribune., 1920-08-07
Buying of Silk Goods
Awaits Market Stability

Active buying of finished silk goods
is awaiting the stabilzation of prices
Buyers admit that prices quoted them
by manufacturers or jobbers are low
considering present prices of raw ma.
terials and labor costs, but the fac,
that prices vary in different quarters
Of the market is the disturbing ele.
ment that causes the buyer to hold of
placing his order.
In addition to this some buyers, par.
ticularly the retailers, would like to
work of all the high priced silk they
nave In stock before taking in new
merchandise on a lower basis. Retail
silk prices have held up better than
wholesale prices, and probably will not
reflect the full decline in the primary
markets for another month or so, in
the opinion of leading producers.
New-York tribune., 1920-08-07
III. S. Vanderbilt Arrives
Home by the Adriatic
Duchess of Marlborough and
Fathers Widow to Come to
America Later

Harold S. Vanderbilt, son of the lstc
William X. Vanderbilt who died 70
Gently in Paris, arrived here yesterday
on the White Star line steamship p
Adriatic from Cherbourg and South
ampton. He is the first of the Van
derblts to arrive here since the head
Of the family died. Ee said that his
sister, the Duchess of Marlborough,
and his brother, William X. Vanderbilt,
accompanied by his fathers widow,
would arrive here about August 25.
The body is expected here within five
or six weeks.
1t was said at the pier that the late
Mr.. Vanderbilt's will will not be opened
or offered for probate until after the
leum at New Dorp, Staten Island
Also on board was group OF dis
tinguished physicians and surgeans
who had been abroad attending confer
ences and studying post war medical
conditions.
Brigadier General John Miller Turpin
Finney, Medical Reserve Corps, U. S.
A.. of Johns Hopkins University, ac-
companied by Colonel Charles H.
Fressr, had been attending the Inter-
A..-d Surgical Congress in Paris. Dr.
Simon flexner, OF the Rocket eller In
stitute for Medical Research and DR..
Charles Horace Mayo. of Rochester,
Mimi, were among the Adriatics pas
sengers. DR.. Mayo, who received a de-
gree from the Royal College of Sur
geons in England, acted as honorary
pallbearer at the funeral of Surgeon
General William C. Gorgas.
Among others on board were Mari
lynn Miller, the actress; Joseph SAINT
ley. Mrs. Joseph Pulitzer, Major Vivian
Gilbert, Major Harrison X. Bird and
Mrs. Seth Barton French.
New-York tribune., 1920-08-07
Prospect of Easy
Money for Cotton
Crop Aids Prices
Improvement in Manchester
Demand and WeatlaerAlso
Factors i'm Advance; Drop
Follows End of Buying

The statement Of the Federal Re-
serve Board with reference to aid for
an orderly marketing of the new crop
was the dominating influence in cotton
futures in yesterdays ca,ly trading.
Much of the recent selling nad doubt
less been based upon a belief that new
crop receipts would cause a sharp
break in Southern spot markets, owing
to tight money conditions, but the an
nouncehlcnt of Governor IL, ding modi-
fed sentiment in this respect. October
shorts were urgent buyers ir conse-
quence, sending the price p to 32.52c,
or 81 points above the closing level of
the previous day and more than &c
above the low level o. last season AS
soon as the demand from shorts slack
ened, however, the market showed re-
newed nervousness, and conflicting Eu-
rcpcan political news seem cd largely re-
sponsible for irregular fluctuations in
the late trading. Octobc4 closed at
32.05c, or 10 points net higher, but the
market was barely steady, with later
months 10 to So points net lower
The market opened at an advance Of
IA to A3 points under overnight selling
reports that money would be available
for financing new crop recei ipts. Ap-
prehensions that continued rains in the
South might delay the early movement,
as we'll as lead to increased insect dam
age, and reiterated reports of an i'm
proved business in Manchester were
also factors in the advance Later
months were rather slow in following
the upward movement, but worked
about II to 35 points net higher before
the end of the morning, with January
selling at SOC.
Fresh buying, however, was held in
check by the uncertainty of European
politics or the continued depre Of
, .he domestic goods trade. and as soon
as the moro urgent demand from ,horts
had been supplied the market turned
easier. January broke to 29.35c in the
later trading, making new low for
the day, and closed at 2947c.
The feature of the news from the
South was the increased business in
the Southwestern spot markets. Sales
of 5000 bales were reported at Fort
Worth, and Of more than 5000 at
Houston, while Dallas sold nearly 1000.
Some Of the trade buying of October
here may have been to cover hedges
against this business.
Both Liverpool and the Continent
were credited with buying October dur
ing the morning. Middling quotations
in the South ranged from 35.25c to 38c
in the market where actual sales were
rcrorted.
The local market for spot cotton was
steady and unchanged at 39.50c for
middling uplands. No sales were re-
ported.
The range of prices follows:
New-York tribune., 1920-08-07
Seek New Style in Shoes
Manufacturers Undecided 6
New Season ApprOaches

With the retail season in fall foot
wear scheduled to be inaugurated in
less than month, manufacturers and
retailers are still cropping for leading
style with which to catch the popular
favor of women in the new season. 1t
is felt in retail circles that something
new must be shown to stimulate buy
ing activity early, since the great num-
Der of reduction sales have enabled the
public to stock up on footwear, which
will be worn to the detrment of new
business unless styles can be changed.
The movement for boots with 10
inch, 11-inch or even higher tops has
not met with much favor by retailers.
The beaded tip shoe, which also is
strongly pushed as new style, has not
aroused much enthusiasm, although
some manufacturers report good or
ders. Some retailers are buying a few
pairs of all the good novelties that are
presented and trusting that mahufac-
turers will be in position to supply
their wants quickly in case real style
leader develops later in the season.
New-York tribune., 1920-08-07
Apartment Buyers
s ec111 TO Ill ave
Camped i'm Harlem
Middle-Class Realty in Crea
Demand; Buying for Sev.
eral Days Has Been Fea-
ture of the vi ark e t

Nehring Brothers have sold for Har-
rict A. Caswell, of Daytona, Fla, to
Ennis & Sinnott, 1922 Amsterdam Ave.
nue., a fve-story apartment house with
stores at 125th Street corner.
F. Mazzota sold to Cecilia Liccione,
31S East 114th Street, near Second
Avenue, fourstory fiat, 1s.9x1oO.1O.
The five-story fiat, at the northeast
corner of Lexington Avenue and 115th
Street, 100 l1x25, has been sold by the
Army and Navy Distributing Company
to Dwight C. Harris.
Catherine A. Coughlin sold to the
Alcalde Realty Corporation, the four
story fiat, 100.10x27, at 161 East Hath
Street, near Lexington Avenue.
The two six-story tcnements, on plot
S6x9210, at 354 and 356 East 123d
Street, adjoining the southeast corner
Of First Avenue, have been purchased
by the Rene Realty Corporation from
Isaac Feller.
Camilla G. Irelan4 boug.t from the
Jay-Em Arr Realty Company, the four
story fiat, 15.6x99.11, at 200 West 18th
Street, near Eighth Avenue
Max Bernstein and Isidore Spitz
bought from the Cherished Realty
at 339 East 105th Street, near First
Avenue.
Rose Greenstein bought from Mar
garct H. Widrig, the story fat, 15x
1OO11, at 215 West 121st Street, near
Seventh Avenue
Family Merger Co. Buys Flat
The siX-story apartment house at 14S
and 15O West 10th Street, 489x99.11,
has been sold by Rose Schulang and
others to the Family Merger Realty
Corporation.
The five-story fat, 26x1oo.11, at 1o2
West Ninety-eighth Street, adjoining
the southwest corner of Columbus
Avenue, has been sold by Abraham L.
Newman and another, executors, to
John j. McDonough and another
The eissLemlen Holding Corpo-
ration bought from the Tekane Realty
Company, the five-story fiat, 25x1OO.ll,
at 222 East Ninety-ninth Street, near
Second Avenue.
Church Sells Baxter Street House
The Church of St. Joachim Corpora
ton sold to Angelo Sivari, the six
story tenement, 23.1OxS1, at Is Baxter
Street, near Worth Street.
The fivcstory fiat, 24.11x1OO.3, at o15
sullivan Street, near Bleecker, has been
sold by James R. Strang to Nicola
Alamo.
New-York tribune., 1920-08-07
Green Jewels Popular
Strong Demand for Emeralds
in Combinations

Green jewels are riding on wave of
class jewelry stores a strong demand
for emeralds in combination with da-
monds in bar pins, earrings, bracelets
and neck chains is noted.
Some of the exclusive jewelers. also
are showing high priced articles of
carved jade, which has heretofore been
considered the field of the speciality
shop and department store. Carved
jade sets, including a neck sautoir on
black ribbon or silk cord, earrings, bar
pin and mounted gold mesh bag, are
said to be finding favor among the pa
irons of the upper Fifth Avenue shops.
New-York tribune., 1920-08-07

vondra. Mnna--T. Loewenstein:
April 90. 1914. 100 co
Royal Bank OF N. Y. and Philip
Sugcrman-~Titlo Guarantees and
Trust Co. Dec. 2. l9l2..., 1890
Nathan. silver and Nicrman
Hurry-Elitc Glove Co.. July 80.
1920 ..............,... 2s64s
Manno, Florio or Frank Pm.
Titoo: Nov. 90 5919........ 242.7o
American La Franco Fire Engine
Co Inc;--J. j. Eiscman; juno
35. 19l9...,,....... 1893 II
Same--Same; July 2S. i920..... 100 %
Calm. Elkan J.--B. f. Connor
ct al; Sept, 2. 1916. 142A4
Cnace. Talbot & Cos. Aldrich:
Aug. g.: lsih h.................. 55551
Fl::ser; .T.lly--H. Meneher; April -
April 25 1917. ......'...'...s .e''''e.s' 47s.41
May 90. 1915. 15.........'...... s55s1
ssme.onand Millinery Co. Aug.
., 1916. 6...........,.. ......... 321el
Young Helen, and National
Surety Co.~-People etc. Jan
"a. 1890 (vacatcd) ......... 500 90
Merchants and Travellers Club
lnc.--Clark & Hutcheon Inc;
July IA. 1920 (vacated) ...... 2.o1s7o
Hallock. Ivan Sc. p. Latham
4 Co.. June II. 1920 (vacated). 1.e945e
Levinson. Rehabilitation Inc:
June 3, 1920 0....... 100 %
Bootc, Arthur BE H. Ran
dolph: Oct "a. 1919...... 100. 20
Fondram, Paul and Minna-I b.
Mcclure; Juno /, 1914... 1O497
New-York tribune., 1920-08-07
Church Sells Baxter Street House
New Business Building
For Far Rockawav

The Lewis II. May Company has sold
tor. Alicia NJ. Petit 1916 to 1880 Cen
tral Avenue, Far Rockaway. L. L. to
Sol Schildkraut. The propertv consists
of old buildings on plot 62x2OO. in
the heart of the new business center.
1t has been held in the Petit family
over sixty-fve years.
AT the expiration of the present
leases the purchaser will erect a mod
ern business building to house a large
national concern in the automobile in
dustly The property was held at $4O,-
600
New-York tribune., 1920-08-07

Susar-Rehners only show a moderate
interest in offerings of raw sugars. and the
tendency Is easier with sales vest erday on
o lower basis for fun duty and Porto
Hlcos' ana the general situation appears
to be in buyers favor.
Sales yesterday were 4,soo bags Porto
Ricos at l6c 6. /. T. in port and 5000 bags
refners. This would make parity yaiue
or 10 c, C and f. for Cubas but no business
in Cubas at this price has thus far been
reported There seems to be no encour-
agement OF any advance until an irlproye
mont IS noted in the demand.
The refined sugar situation remains prac
tically UNCHANGED.
New-York tribune., 1920-08-07
Apartments Leased

Douglas Gibbons & Co. leased for
Bing & Bing a large apartment, 993
Park Avenue, to Robert L. Corby for u
term of years.
The Payson Mel. Merrill Company
leased furnished apartment in the
West Eighty-sxth Street Studios, 257
West Eighty-sixth Street, to Harry
Minturn; an apartment at Is West
Fifty second Street to Miss Mary L..
McKenna, and an apartment at $50
Madison Avenue to Mrs. Gertrude V.
Thomas.
New-York tribune., 1920-08-07
Fewer Failures This Week

Fewer commercial failures in the
United States were reported this week
by Dun and Bradstreet than for the
two previous weeks, although the num-
Der Is still ahead of the corresponding
week OF last year. The number this
week was l52, against 1873 last week
100 in the pLeeding week and 90 the
corresponding week last year. Failures
New-York tribune., 1920-08-07
100000 Corporation
Takes West 57th ST Realty

The newly formed % West Fifty
seventh Street Company. capitalized
at $630,000, with II. Turchn, j. Roth
stein and T. V. Mclaughlin as direc-
tors, is the buyer Of the two four
story houses at~2S and 80 West Fifty
seventh Street, sold recently by Miss
Louis D. Scott and Charles D. Math-
ews through Bernard Smyth e. Sons.
New-York tribune., 1920-08-07
Sale on Sheriff Street

The tive-story building, 4ox75, at sc
and 6S Sheriff Street, adjoining the
southeast corner of Rivington Street,
has been sold by Joseph Kleinrock to
Harry Wells and Sadie Blumenfed.
1t is known as the Sheriff Street
Rathc