davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1920-01-04
EXPORT TRADE
MAKES HOME
PRICE STEADY

The value of worldwide and Well
developed export business IN reducing and
stabilizing prices in America, is not fuily
recognized by the average buyer OF these
commodities having such foreign trade.
Take, for example, the automobile IN
dustry. and particularly the case OF an
organization like the Hupp Motor Car Cor
poration with a strong international mar
ket. 1t is obvious that tho determining
factor in insuring the continuance or the
present reasonable automobile prices is a
steady volume of production throughout
the year. Not only does this export trade
decrease price by reason OF greater de-
mand, but more important, 1t provides an
insurance against the effects of any varla-
tions in domestic orders which may be
due to natural causes, continued Dad
weather or unsettled industrial conditions
with consequent decreases in income and
expenditure.
y strongly intrenched foreign market
can be quickly expanded to provide the
outlet for steady volume Of production
thereby continuing current prices whlif
domestic sales are regaining their former
position.
That the seasons are reversed in Soutf
Africa, South America, Australia and Ne"
Zealand is fact which often escapes at
tention.
The New York herald., 1920-01-04
100000 MILES ON
R0UCHEsT ROADS
Ohio Oil Superintendent Puts Car tc
Severe Test and Sets Re
markable Record.

If there is an American industry which
is confronted with vexing transportation
problems 1t is the one concerned with the
production of natural gas and oil. Not
only are their operations carried on, as a
rule, in virgin country, but oil and gas
wells have a peculiar habit of springing UP
without regard to roads and accessibility.
Because their product is carried to CEN
trally located storage tanks by extensive
pipe line systems good roads are imprac-
teal. and the individual wells are connect
ed 10 the pioneer roads by foot paths
which change their character with the
season.
Under such conditions William Blum
one of the district field superintendent OF
the Logan Natural Gas and Fuel Com
pany, a large Ohio producer, drove the
same motor car more ;han one hundred
thousand miles in little more than three
years. Even under the best conditions
such a record would be UNIQUE, as the dis
tance covered is more than the average
owner will drive in ten years.
Blum's duties carried him through eight
Ohio counties, where the roads become
almost impossible swaths Of mud during
the fall and spring. An unusual story OF
the trying service which a good motor car
The New York herald., 1920-01-04
Engineering Greed
of Harry c. Stutz

believe. first OF all. that the real
business of any thing mechanical Is 70
work we'll and wear we'll. Therefore l
hold simplicity, strength and service
ability above all else.
7 belieye, on the other hand, that an
engineered product can be both sIrohs
and we'll designed. Then beauty can
be built around these features
hold that true beauty is always
simple. and so avoid all unnecessary
embellishments.
Real beauty. too, Is based on seh-
uineness and it cannot be obtained oy
using cheap or initiative materials. l
insist on the best of everything ana
never tolerate substitutes or seconds
Having strength and beauty, bear
I'm mind the point of economy and in
sist on applying the very limit Of prac-
+ical engineering TO the motor so that
II NAV get the last ounce of power out
OF every drop of fuel.
A motor car can never be any better
than the shop in which it is built and
the men who build IL. You can't get
quality except in a rigidly disciplined
shop from which all workmen except
the most conscientious and expert are
barred.
Finally, I believe there is a point in
any factory's expansion where the
penalty for increased production may
become decreased quality, and L will
never build any more cars than can
build well.
The New York herald., 1920-01-04
MITCHELL EXHIBITS
NEW CLOSED CARS

A new standard for moderate priced
closed cars is established by the introduc-
tion of the five passenger sedan and fouI
passenger coupe announced by the Mitchell
Motors Company, Inc, Of Racine, Wis
These bodies are built complete in theil
own body plant and exhibit degree of de-
sign. workmanship and finish never be-
fore found, save in the creations of the
highest priced exclusive builders.
Both models have the modern square
lines gracefully belled and with tho rear
corners relieved by a bevel. While head
room is ample, clever designing gives a
low, rakish appearance.
The color scheme is Iris blue for the un-
derbodies, with the upper panels and run-
ming gear finished in black. Cream
wheels complete a striking but dignified
combination. The smart side lamps fur
ther suggest the work of the custom build
crs.
Interiors are in soft gray velour, will
SILK curtains and Wilton carpeting to
match. All fittings, such as corner and
dome lights, switch panels &C., are oi
o1ydized silver heavily chased.
The New York herald., 1920-01-04

will render is contained in his letter TO ths
dealers from whom he bought the car
"The Martens Hardware Company,
Lancaster, Ohio:-
"Gentlemen-
1T will interest you to know that, in / Y
work as district field superintendent in
the eight counties comprising my district
have driven the Dodge Brothers motor
car you sold me in September, 1916. more
than 100000 miles
'As to service, I do not think there is
any car built today that could give me as
good service as this Dodge has. have
driven it over the counties of Hooking,
Vinton, Perry, Athens. Ross, Washington,
Coshocton and Fairfield st all times of the
year. during the sizzling heat Of the sum-
mer and the rough, frozen and snowy
winters, and in the bottomless mud of the
spring. across fields. hills and young
mountains. mud at times to the axle. ford
ing streams and what not. Service
should say she gave me service!
my opinion of the material, construc-
tion and qualities of the car, is of the very
highest. Who would not think well of the
car that has proved so faithful during the
past three years? And now after being
driven over 100000 miles, it is going day
after day as tried and true friend as
ever.
"My hat off to the Dodge Brothers car"
The New York herald., 1920-01-04
VETERAN CAR
RETURNS To
PRODUCTION
sDuryea, One of Early High
Grade Cars, Adds New Money and
Life at Chicopee Falls, Mass.

The rapidly increasing ranks OF skilled
workers at the Stevens-Duryea factory
now includes most of the old department
superintendents and foremen who went
INTO the gun shops and ordnance factories
during the war. The new Stevens-Duryea
factories will call back practically all of
he old men and in addition will require
many other equally skilled New England
artisans.
No industry contributed more to the pro-
Guction Of war materials than the automo-
bile industry and no individual factory
more than the Stevens-Duryea. At the
close of the year the force had been re-
luced to corps OF parts workers.
The production OF rifles and machine
guns requires the very highest type Of
workmanship. Many of the Stevens
Duryea machinists were trained as gun
smiths and most of them are familiar
with gunshop practice and all had worked
TO standards no less exactins than those
of the ordnance factory.
The large output of Stevens-Duryea
cars planned for the coming year will call
for a very large force of skilled workers
and will be made possible by the increased
facilities provided by the new factories
now in course of construction on thirty
eight acre plot in williamsett, what was
formerly the Hampden County Driving
Park
The new factories will occupy a beauti-
fuI Connecticut Valley site few rods east
The New York herald., 1920-01-04

of historic Chicopee street easily acces'
sible for several home communities.
The new plant will be formed of a grour
of modern factory buildings of steel and
brick construction, the sawtooth type
Each unit of the group will be 3o0x320 af-
fording nearly hundred thousand square
feet of well lighted working space. One
unit is now practically completed and two
others are under construction. The plant
as planned will consist of eight such units
The new Stevens-Duryea, model Il, is
displayed to the public for tho first time
at the Palace Automobile Show. The eX-
hibit consists of standard touring car
finished in 'lakelet green" and OF q
stripped chassis. Both are in the 1SS-inch
wheelbase length.
An examination OF the chassis will show
few departures from the former model
The fundamental characteristics of con-
struction that have brought fame TO the
Stevens-Duryea have been most religiously
retained.
The New York herald., 1920-01-04
BEATS GASOLINE AT
Is CENTS A GALLON
New Invention Makes Fords
Run "a Miles on Gallon of
Gasoline and Start Easy in
Coolest Weather. Other Cars
Show Proportionate Savings.

new carburetor which cuts down gaso-
limo consumption Of any motor, including
the Ford, and reduces gasoline bills from
one-third TO one-half is the proud achleyc-
ment OF the Air Friction Carburetor Com
pany. 2S4 Madison ST., Dayton, Ohio. This
remarkable invention not only increases
the power or all motors from 90 to so per
cent, but enables every one to run slow on
high gear. IL also makes II easy to start
Ia Ford or any other car in the coldest
weather without previously warming the
motor. With 1t you can use the very
cheapest grade OF gasoline or half gaso-
line and half kerosene and still get more
power and more mileage than you now
get from the highest test gasoline Many
Ford owners say they now get as high as
40 to 10 miles to a gallon of gasoline. So
sure are the manufacturers of the inn
mense saving their new carburetor will
make that they offer 10 send Il on 80 days
trial to every car owner. AS it can be
put on or taken off in few minutes by
any one, all readers OF New York Herald
who want TO try IL should send their
name. address and mako OF car TO the
manufacturers at once. They also want
local agents to whom they offer exccp-
ADV.
The New York herald., 1920-01-04

Roominess is a striking feature. seats
are wide and deep, with ample leg ROOM
and yet the bodies have greater grace ana
beauty than many of those in which room
is sacrificed to appearance. For instance,
there Is six inch clearance between the
steering wheel and the door, which is un-
usually great for these types
These bodies are of exceptionally sound
construction. Only rock maple and white
ash-the finest and most expensive WOODS
konwn for body building-are used. joints
are reinforced with light, strong forglngs
while the metal panels extend from sill to
roof, eliminating the wood-to-metal joints
usually found at the belt line. All joints IN
the metal are welded.
Among the distinctive and exclusive fea-
lures in the new Mitchell coupe and sedar
is bowed, tilted windshield imbedded in
rubber and giving an unusually wide angle
of vision. A windshield cleaner that wipes
both sides of the glass and swings up en-
tirely out of the way when not in use is q
Mitchell invention shown now for the first
time.
The movable window and door glasses
operate literally at a touch through the
use Of a new type of regulator. The win
dows and doors are cushioned against rub
Der to eliminate rattles.
All window and door glasses arc drained
ito carry off any water that might get in
while the rear deck cover on the coupe is
absolutely water and dust, proof. Winter
comfort is assured by a heater set flush
with the floor. Standard equipment in
cludes cord tires.
In a word, these bodies in point OF
beauty, comfort, fine construction and de-
tails of finish and appointment are i'm
portant and welcome additions to the
Mitchell line. Wherever seen they are
meeting with the enthusiastic reception
which their quality deserves.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23

~ 4. n. Rollins. Harris. Forbes & 70 ,,
snrt Iquita bic Trust Offering for smh.
~ pep cent so an ard interest. to yield over
r nugns COMPANY hrst lien and rars Snd
sase three year per cent ro,a hncSa
1877 AaaFch =. 1890. and due March !.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Marine Meeting To-day

If rumors that have been in circula-
ton since the middle of last week turn
out to have been based on fact the d.
rectors of the international Mercantile
Marine Company at their meeting
scheduled to be held late to-day will
take action toward paying off in full
the AZ per cent still remaining unpaid
on the preferred stock. The strength
Of the Marine issues lately has been
due to expectations of action along
this line. According to information OBJ
tanned yesterday, the accumulated divi-
dends, if they are paid off, will be paid
in securities Of some form. Hereto
fore payments on account OF the accu-
mutation have been made in cash, but
it is understood that the board is anx-
ious to conserve it's large cash holdings
at this time, and for that reason favors
dividend in stock. Marine preferred
got up to par yesterday, compared
with price OF below 80 on the Febru-
airy break.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Money and Credit

After opening and renewing at per
cent the rate for Stock Exchange call
loans yesterday advanced later in the
day to 8 per cent. This was attributed
to preparations by the banks to meet
expected government Withdrawals to-
day, estimated at approximately $780,
100000. Bankers, however, do not an
ticipate any great tightness of money
in the near future. They believe that
rates will run about as they have for
some time 20 come. Reports continue
of small t'me loans being made at 8
and 8la per cent, but they are not
large.
The ruling rate for money yesterday,
compared with year ago, follows:
Yester- Year
Call money: day. ago.
On mixed collateral. T
On industrial collateral 51a
Time money (mixed col
lateraD:
Sixty days. .8@81a 514@5&
Ninety days. .8@81a 5hM5%
Four months. $685. 51a0534
Four to six months. .8081a 51a@5A
Bank Clearings-Bank clearings in
New York and other cities yesterday
were:
Exchanges. Balances.
New York 1904 ,422,288 $98,812, 691
Baltimore 80. 14,988,9S4 8,O42, GOT
Boston ....... 53,O15,937 21,722, 1902
Philadelphia e. 73,s38,744 61,574,958
Silver - London, It'd; New York,
$12s1a; Mexican dollars. 98ssc.
Sub-Treasury-United States Federal
Reserve credit balance, s95,4ss,410.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Hide and Leather

Plans for a capital readjustment of
American Hide and Leather are report
ed to be nearing completion. 1t is un-
derstood that the management now has
in hand plan which will take care of
the ia per cent in back dividends An
nouncement of this is likely to be made
in the corse of the next six weeks, ac-
cording to friends of the company. The
hide and leather board has had the
matter under consideration for more
than two years. The last plan, which
was framed last summer, was found
unworkable and therefore had to be
abandoned. Since then the manage
ment has been devoting time to work
ing out new plan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
In Wall Street
Thu Market skyrocket


For few moments right at the open
ing yesterday the unfortunate shorts in
General Motors common stock, the old
stock, had visions Of paying $1,000 or
more a share, for when they tried to
cover they found mighty slim floating
supply. But the whole situation
changed in the twinkling Of an eye.
Some rather caustic criticism of the ac-
ton OF the Stock Exchange authorities
in ruling that the temporary certificates
for the new stock could be used against
around the Street. The question was
raised why the Exchange committee
having this matter in hand waited so
long before making the new temporary
certificates a good delivery for the
old on the 10 to basis announced.
Foreign Copper Supplies Exhausted
Discussion of a new credit instru-
ment to aid foreign buyers in paying
for copper bought in this country re-
veals the information that France and
England have exhausted the supply of
copper they had ON hand at the end Of
the war. 1t was estimated yesterday
that this amounted to between $780,
OVV3VVV dAO HOVtVVVSCNV PVAhAS, SAS'N~
sive of the brass and scrap held by
those countries when hostilities ceased.
France is said to be more in need of
the red metal than England. Her man.
assert that the amount of
copper they can use is limited only by
the extent Of credit which can be ex-
tended by American producers and
bankers Under the proposed plan
copper would be turned over to the
French manufacturers with the under
standing that it be paid for after it
has been turned into finished products
and in turn paid for by the French con-
sumner. 1t is figured that this operation
would take at least three months, by
the end of which time the American
producer would get his money. The re-
ported credit arrangement would take
the form of revolving fund which
may reach or exceed $50,O00,000, it was
said yesterday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
The Dollar in Foreign Exchange

Sterling exchange was shade firmer
yesterday than on Saturday, but rates
on Paris, Antwerp and Rome were
much weaker. Marks also were a
trifle weaker.
Yesterdays rates. compared with
those Of a week ago, follow:
Quoted dollars to the pound.)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Indian Refining Reports
$3,7O3,988 Gross in 1919

On gross earnings of s3,703,9Ss the
Indian Refining Company in 1919 re-
turned net profits of $2,467 $50, which
compares with $3,703. 1888 in the preced
ing year. Holders Of the stock shared
$4,000 in dividend disbursements. the
same amount distributed in 1918. Al
ter $7250O0 reserve had been set
aside for Federal taxes, etc, surplus
was $l,l72,9So, against 1888 1888 in the
year before.
The annual report to stockholders
states that since December 81 last the
company has contracted to acquire
practically all of the stock of the Cen
trail Refining Company Plans for
financing this purchase will be pre
sented to stockholders at a mcetiuf to
be called in the near future.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
May Raise Bond Commissions

An agitation is under way among GER
tain firms transacting an active bond
business on the Stock Exchange favor
conform with the higher commissions
on stocks put into effect last year.
Thus far the movement has not pro-
crossed much, in view of the feeling
in some quarters that an increase in
the commission rate might drive away
large part of the bond business now
done on the "big board" 1t is argued
that if the cost of buying and selling
bonds for the public is advanced it
would be unwise to limit the increase
to transactions on the exchange, on
the ground that houses doing a large
over-the-counter business would bene-
fit by the change, to the detriment of
members Of the exchange.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Dividends
Extras

Extras
,aaa r9mpuii Steel Company-An extra div
a uit OF per cent has been declared IN
divid ,aoh 70 the regular quarterly common
XA,s.iena or y per cent both navahia
<Ap''i l 70 stockholders OF record March IS
Regular Declarations
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Superior Steel =

Holders of common stock of the SUI
perior Steel Corporation are at last
benetiting directly from the policy of
the management in purchasing the pre-
ferred stocks for retirement. The com
mon stock yesterday was put upon
per cent dividend basis by the direct
ors. During the last three years there
has been bought in and retired or held
In the treasury about $1,7OO,OOO of the
preferred issue, leaving $3,SOO,O0O out
standing. This reduces the preferred
dividend requirements to bare $780,
900 year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
CASTOR, Williams & Wiemore

A banker in close touch with the af
fairs of CASTOR, Williams e. Wigmore
expressed the opinion yesterday that
the 100000 serial per cent notes
of the company falling due next month
will be paid at maturity. 1t recently
was limited that the issue would likely
be extended.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Japanese Bonds. Active

Akira Den, Japanese F;nanc;a,
Agent in New York. Yesterday tn:d
The Tribune that the report that the
Japanese government was buyinp IN
Japanese sterling AIS in the onen
market in New York at present vas
untrue The last purchase for the
account of the sinking fund was made
last November. and the policy of the
ee00e an was to spend about SIS
ouo,oVo tor this purpose. Mr.. Den is
awaiting instructions from his gov
ernment regarding additional nur-
Ghases and is unable to saw When
Japan will come into the market aoa;,
Ihese, bonds, which mature in 1so5
nave been strong during the last few
weeks rejecting the rise. in gterJing
ana rose from 20 to II. Thev ara
reasonable in London or New YORK
at hxed rate of $4.87 to the nound
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Studebaker

Studebaker was one of the firm
spots in the motor group yesterday,
getting up to a high of l1O1s on ac
tive trading. Like all of the leading
motor car manufacturing companies
the Studebaker Corporation has laid
out huge program for the current
year. The 1920 schedule calls for The
production of $4,000 cars. The com
pany delivered 1886 cars in 1918
1T is estimated that earnings before
taxes should run ahead of the s14.
200 900 rate attained in the closing
half of last year provided things work
out according to schedule.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-03-23
Credit for Poland

NJ Negotiations are being conducted in
New York at present for a $50 Ooo onn
loan to Poland. The new natiou ~
Delng represented here. by the Peon,s,s
trading Corporation, which was con
,mlssioned to arrange the loan. At Nv.
.ecal offices of the corporation It was
sa ; Yesterday that nothing could he
sala REGARDING the proposed credit. az
Negotiations were now under way.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-05-31
High Jump-Mr. Gamble.

High Jump-Mr. Gamble!
Track Starter-N. B. Knapp.
Grouping the list Of events, boys
and girls will be grouped as follows:
Girls
l.. Between eight and twelve.
2. Between twelve and sixteen.
Boys
1. s0-lb. class $50 lbs. or less).
2. 95-lb. class (not over 95 lbs.)
3. 1O5-lb. class (not over los lbs.)
4. i15-lb. class (not over IFS lbs).
Events in the preliminary meets,
with record to be made:
Girls between 8 and - years
1. 57-yard DASH rs seconds.
q. Potato race-15 IT. goal.
Girls between IL and Is years
l.. 75-yard dash-11 seconds.
q, Baseball throws feet.
g.. Potato race-2o It. goal.
Boys. 8O-lb class-record to be made:
J.: 6O-yard dash-8 As seconds.
2. Running broad jumps feet.
8. Running high Jumps feet.
a: 200-yard relay race for 4 boys.
Boys. 95-lb. class
/: 75-yard dash-1o 3-5 seconds.
2. Running broad jump-10 feet.
3. Running high jump-3 #. 6 in.
4. 2O0-yard relay race for boys.
Boys, I05-lb. class
/. lOO-yard daSh--13 SECONDS.
2. Running high Jump feet.
3. Running broad jump-11 feet
4. 3OO-yard relay rae for 4 boys.
Boys. 115-lb. class
/. 1O0-yard dash-12 seconds.
2. Running high Jump it. 2 In.
3. Running broad jump-12 feet.
l.. 440-yard relay race for 4 boys.
Field and track meet for high
school boys. The events in this meet
will be-:
l.. '%l00-yard dash.
2. 120-yard low hurdles (hurdles
20 Yards apart and first hurdle to be
on 10-Yard line).
8. Pole vault.
4. High jump.
5. Broad jump.
g.. 4%40-yard run.
Z. One-half mile relay race for =
contestants.