davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-03-25
FURS-SmaIler
Advances to auction ShiDp6rs

In the latest fur market report
issued by Funsten Bros. e. Co., con-
Quoting the fur auctions in st. Louis,
announcement is made that advances
to shippers "when necessary will be
made, but on lower basis than for
shippers to the st. Louis sale, the
company has advanced as much as 100
per cent of the value of the furs, based
on the current market
The large cash requirements of the
trade says the report, "to meet
prompt day and income tax payments
have caused tightness Of money
which has had tendency to curtail
dealers BUSINESS. Nevertheless, skins
have been selling freely, especially
those required for spring wear, this
class of goods now moving at advanced
prices over the February sale.
The trade is conforming with the
new banking requirements and is
financing. This is very plainly indi-
Gated by recent transactions of sub
stantiAl volume that have taken place
between the dealers. wholesalers and
retailers.
"The favorable foreign exchange
during the last few weeks has caused
European buyers to place large orders
in our market and, with manufacturers
and retailers requirements taken from
tho market, will greatly reduce the
present stocks and most likely show
the supply in some furs will not be
sufficient to meet the demands of the
trade.
Fashion and the long winter have
reduced retail stocks below what is
usually carried at this time, and the
demand of the consuming public indi-
Gates that spring and summer furs will
be more fashionable than ever. Manu-
facturers are now in the market pur-
chasing their requirements in fair
are meeting with favor and have taken
large orders for future delivery"
New-York tribune., 1920-03-25
Remington Typewriter Earned
S2l.28 a Share ir 1919

On the largest volume of business in
it's history the Remington Typewriter
Company in 1919 returned a surplus
after charges, bond interest and Fed
eral taxes of S2,910,709, equivalent,
after allowing for dividends on the
first and second preferred stocks, to
$21.28 share earned ON the 1896 900
common stock, which compares with
$1,918,470, or $12.T0 a share, in 1918.
Net earnings in the year were S3.-
,458, or S858,42S more than in the
preceding year. From this $4l6,749 in
charges and depreciation were de-
Quoted, leaving S2.9l0,709 balance
available for preferred dividends. q
gain of $992239 Preferred dividend
disbursements, including accumulated
second preferred payments, aggregated
So, ASP, 2,063, after which a S458,646 bal
ance remained. Profit and loss sur
plus was S6,07054O.
In his report to stockholders Frank
N. Kondolf, president, said: "The vol
ume of business of the company for
1919 was the greatest in its history
and SO far this year is greater than
for the corresponding period of last
year. Present orders are in excess Of
our production and your directors and
officers look for another prosperous
wear"
New-York tribune., 1920-03-25
Union Bag Reports Larger
Surplus on Smaller Earnings

Owing to heavier operating costs
due to higher wages and the advance
in the price of materials, net earn
ings of the Union Bag and Paper Cor
poration in 1919 decreased to $685.
255, drop of S283,9ls from the eleven
months ended December 81, 1918. Fed
eral tax payments also showed de-
cline, being placed at $25S,228, COM
pared with S601, ,467,, in the preceding
eleven months. Depreciation aggre-
gated $348,221, and interest paid dur
ing the year totaled $1S8,S12, against
$187,151 disclosed in annual report for
1918. os@M
Balance after all charges and Fed
eral taxes amounted to 81 ,6S0,619,
equivalent to 1851 a share. 500 par,
earned on the $685., 800 outstanding
capital stock, against S1,4l6.719, or
S14.32 a share on the s9,ss7 900
capital stock in the eleven months
ended December 81, 1918. Holders of
the stock were paid SS36,063 in divi
dends, which compares with $589,074 in
1918. The $S44,557 remaining balance
was added to previous surplus, making
q S39489S7 total
New-York tribune., 1920-03-25
Warns of Impending
Change in Exports

yesterday by Mark Sheldon, Australiau lia n
commissioner to this country. to ev.
pect change in the character of goods
ms country will import from us in
e ene luturo' decrease in the demand
Ior some merchandise, principally tex
.!les' ana Tor an increase in importa-
.ions OF American made wood prod
ucta, automobiles and other steel man
ufactures
The value Of American exports to
Australia" said Mr.. Sheldon, address
ing a luncheon meeting of the Ameri-
can Man nufacturers' Export Associa-
ton, will not decrease. America has
established herself in the Australian
market. America, however, f she is
TO retain her Australian trade, must
buy more from Australia"
Inc United States cannot expect to
hold l;o her heavy export trade in tex
tlles, asserted Mr.. Sheldon, with the
rate of exchange against her in sell
ing as 1T is at present. The resump-
ton OF manufacturing in the mother
country, he added, would enable Brit
lsh textile merchants to regain some
OF the Australian trade lost during the
war. Last, year, he said, So, ,o000
worth OF American textiles were i'm
ported into Australia. A similar
amount of Japanese textiles also was
imported. Mr.. Sheldon said he did not
believe the Japanese could hold their
textile trade much longer, however.
OF the $470,000,000 of total imports
into Australia last year America sup
piled over 25 per cent in money value.
Imports from America were placed at
S130,000,000 in 1919, against S55, 900 900
in 1913. Exports to America were es-
tlmated at from $4,000, 900 to $5O,0OO,-
600 annually.
New-York tribune., 1920-03-25
Cotton Slunps
AS Profit Taking
Sales Hit Market
Collapse in March Contracts
Unset.les the Whole List
and Loss of 28O Points
Is Sustained

The pricc of March contracts, which
=, Tuesday established new high
~...,a for futures at the New York
r.tton Exchange, yesterday slumped
.,.Yn;y. At one time it was selling
sss points below the previous days
Itch. and closed at net decline of
oso points. The collapse in March,
uA;ch followed the squeeze of the re-
u.;n;nr shorts, had the effect of
msakenIng the rest of the list, which
showed losses for the day varying
from n to 40 points.
AZ result of the weakened techni-
cal position, which resulted from the
covering of the shorts. the market at
;,s neak was unable to absorb heavy
Scufhern realizing sales without react
;nc strongly. The high prices of
Tuesday also had the effect of curtail-
;nv domestic and export purchases for
leritimate trade needs.
As the spot position eased off with
out finding any real support, pressure
hAcame active along all the list, and
was encouraged by cables disappoint-
;ne to the bulls, favorable weather
man and the weakness on the Stock
Exchange. In March contracts there
we're only few scattering sales. Open
ing prices we're 255 points lower on
March, with other months II points
lower to points higher. Offerings
increased, tapeped off on break os
a to so points, and then became
heavier after a midday rallv of 90
or 25 points, with the market still
nervous and unsettled later in the
afternoon. Liverpool reported re-
ceipt Of advices from Roubaix, France,
stating that general strike had been
threatened for March 26 should there
be no settlement of the textile labor
dispute in the mean time. Southern
spot markets as officially reported
were unchanged to 25 points lower,
with small amount of business
Private advices received here late in
the afternoon said that holders were
withdrawing offerings on the decline
The local spot market was quiet and
1875 points lower at ~ cents for mid
ding. No sales were reported.
The range OF prices follows:
New-York tribune., 1920-03-25
Overland Increases Stock

TOLEDO, Ohio, March 24.-1ncrease
Of $25 1000 900 in common stock was
authorized at special meeting of
stockholders Of the Willys-Overland
Company here to-day. With this new
issue, it was announced by John n:
Willys, president, the authorized
capital stock of the company now IS
s1oO 600, 900, of which 25,00o,00o IS
preferred
Although notice to stockholders
stated that an increase of S25, 100000
would be asked in the form of pre-
ferred stock junior to the existing pre-
ferred, Mr.. WHY'S announced that IN
view of changed conditions, and IN
con sideration of the interests Of pres
ent preferred and common stock hold
ers, the officers of the company had
decided not to ask for an additional
8 per cent issue at this time.
New-York tribune., 1920-03-25
Western Electric Sells
Convertible Bond Issue
Block of &25, ,OOO,OO Pur.
chased by Lee, Higginson &
co- and Chase Securities Go.

Lee, Higginson & Co. and the Chase
Securities Company yesterday an
nounced that they had purchased from
the Western Electric Company fInc.)
S25, ,000,0 900 of five-ycar per cent con-
vertible gold bonds, due April l, 1928.
public offering will be made of the
new securities, which are convertible
at the option of the holders at any
time between April /. 1922. and Oc-
tober /, 1924, into the per cent
cumulative preferred stock of the COM
pany. par for par.
The Western Electric Company. the
majority of whose stock is owned by
the American Telephone and Telegraph
Company, will use the funds TO. pay
off floating Indebtedness. particularly
to reduce bank loans. The company
was established in 1869. Its main
plants. which have been greatly ex-
psnded in recent months, are in Chi
cago and New York, and its employees
number more than $1,000.
New-York tribune., 1920-03-25
Business Troubles
Petitions In por,,.,...

Petitions In bankruptcv o1ed v..+.rA.,
follows sour. were "a
.ra,pJt iGuIs NIL MILLER = Involuntary petition
sweaters and. knitted goods % West 1oth -,
st. by Harry Schwartz. A. Ashley 't card ard
sr TIES s." o@ooS'enseTs asse1s sso oas1son I4b
~ way, attorneys for petitioners
LOUIS MILLER - 1nvoluntarv rot,,,or
against Louis Miller manufacturer OF
sweaters =, hS ana INC, knitted goods % West 10Th
nam 4 Co. Maurice and JACOB slsfr
Liabilities and assets not stated. Henry
t,onans' = Miller lS4 Nassau st. attorney fot petit
FLEMING & PATTERSON 1Nc--1nvol.
untary petition against Fleming d pattsr-
son ny inO sS merchants s,, 6 East 4oth St.
Curing a 'ncnam cn and s'M c. seymoro Manufsc
hilities and assets not stated. Russel W,
Lcary. 22o B'way. attorney for petitioners
ilIhDRErH & sEGELKEN-volunta
in honey 0s and 'urs'h Mns 9s : segekcn dealers
Iiahilitics $4,000: assets, s2l.632. l.. S
Posnsr nGc,, IS . Bread F., Street. Is attorney.
by Jacob Semansky. clothing merchant
hhsnldlng hi,,idng q At aa washington Avenue Liza
berg is attorney.
Schedules in bankruptcy
Following schedules In bankruntcv wore
hled yesterday in United States District
Court:
SAMUEL. GROSS-Schedules Of Samuel
Gross, business address not stated. show
Liabilities of Ss.S25 assets 34.6s4. Ben
1amtn Bernstein, 299 B'way, attorney for
Gross.
Receivers In Bankruptcy
Receivers In bankruptcy appointed yes
tcrday In United States District Court
We're as follows:
UNITED SMELLING AND REIN
ING WORKS -. Judge Learned Hand
appointed John 1.yttle receiver for Nor
ris Sack and David Dinnstock copartners
trading as United Smelling and Refining
works. 25o Front st, under bond OF So
600
FLEMING e PATTERSON. INC-Iudgo
Hand appointed Allen klots 70 I.ibert y
street. receiver for Fleming & Patterson
Inc, silk merchants is East Tortieth
Street under bond of $4,000
Assignments
LOUIS KIRSCH retail dealer in dry
goods. 1871 Second av.. yesterday assig M ID
for benefit Of creditors to Benjamin Le-
vine
New-York tribune., 1920-03-25
French May Restrict Imports
To Stop Decline of Franc

PARIS, March 24.-Sharp declines in
the value of the franc as compared
with the American dollar and the Brit
sh pound sterling yesterday. while the
German mark, despite disorders in the
Ruhr district, made appreciable gains,
have provoked fresh discussions of the
exchange situation and ii renewal Of
talk of rigid restrictions on importa
tions as a measure to check the de-
probation of the franc. Financial au-
thorities are of the opinion that re-
strictions afford the only immediate
remedy, and predict an early prohibi-
tion Of importatons of all luxuries and
articles which might be described as
superfuous.
New-York tribune., 1920-03-25
STRONG MACHINERY AND SUPPLY
COMPANY.

NOTICE TO STOCKHOLDERS OF SPE-
CIAL MEETING.
A Special meeting of the stockholders Of
the Strong Machinery and Supply Company
VIII be held the 3lst day Of March, 1890.
at 3:l5 o'clock p. M, al the office of such
Company at Number 21 Walker Street, Bor-
oush OF Manhattan, City of New York for
the purpose cf voting upon proposition to
increase it's capital stock from $50, 900 90.
consisting of 500 shares OF Common stock Of
the par value of $4,000 each and 4 900
shares OF preferred stock OF the par value
Of $1,000 each to $75,ooooo to consist of
500 shares OF Common stock Of the par
value of $4,000 and $500 shares OF pre-
ferred stock of the par value of $40. 90 each.
Dated. New York March 10, 1920.
CIfAS. e. STRONG, President.
LOUIS G. kISEIAA, Secretary.
New-York tribune., 1920-03-25
THONG MACHINERY AND SUPPLY
rOMD

.KoTicaiucE OF ANNUAL MEETING.
Mse,,rre ~ ~ Is hereby given that an annua,
AschnSa.o.' VI the stockholders of the Strong
held a, ana Supply Company will be
u Wai.a sne Office of tho Company. No.
sotourkke sota,ker Street. in the city of New York.
Narch o, Manhattan, on the 31st day
sSsp1ss sSs Of eiecting ve ts) Directops rec m for for
Esc,oru az year and two 90 Inspectors OF
ssetinr 10 serve at the next annual
Hhsr h.., snd Tor the transaction of such
pni6.. i6.id meeting.
y ana Sisl remain open between the hours
k.seh a., books book will be closed from
0etaS M, NJ, 1920. to April lst 1890.
Tcw York, March 10th. 1920.
49, AVuAb G xISELKA. Secretary.
New-York tribune., 1920-03-25
Aus. 2o.ss 2o.ss ao.es ao.s5@2oao so.an
Sept. 2o.4o 1000 1920 20'1eTS0si so'SS a. SS
oot' - 1877 1877 1917 1s.5OW1s75 1917
Sugar and Coffee

GSfss.s p41sss. sss. rssf
Sugar. Eranuated. per ,b .i4@is p ago a
Coffee, Rio No. Z, per b.. i%z yss
Coffee Santos No. 4. per lb. 2iE 1dM
r9E1r.-Tho raw sugar market was un-
.''s held steanv yenserdny although the undertono
rorto ,si Ricos March April shipment. 1T
rI,ss, rrI,sc, ,; f. and upward of so, 900 ba gs
oupas, SAID TO be March April shipment,
sales of 10 600 bags Cuhaa. nromnt met' ,oas a,so
ing, south side port. ut il &c ,o"H ~
With vi n United States option only, equal To-
ihpSt' ho1t cosI oeo and freight Operators bought
April loading. At the close there were
rather free further offerings of cost and
areiKnt ,.n 81, Cubas at l2c. with Porto Ricos
shnuinx hau,nn.e at INC. G.. !. f.. and refinere
less. No change was reported in refined
Receipts at United States Atlantic port.
Ss.447 the previous week. Meitings de-
creased 1000 tons to "A, 900 tons auainst
",VoQ week ago.
dennn denilne futuresTho ar son, market opened at
POM POINTS; :. The carly official Brazil cables
hbapberlations bab cations as private advices Tuesday v
the p''en cali on oWer Brazil market After
mrn WORKED . to 10 points above Initial fig
t,rt, nres, but a further decline in Santos
fun'ii Lures or l25 to 275 reis and lower offers
rronr rro,.. santos and Rio In the cost and
freight market started wave Of reaiiy
i lns, ana prices soon lost the earlier gains
olosihg irregular. points net lower TO s
Santos As were available in thu cost
ana ireight market at 21Nc and A and Sa
az Sic, american credit, with Rio 7s M
i''tc sterling, a decline Of 70 points. The
changed ~ 4"'ee anu un-
The range OF prices f6llows:
New-York tribune., 1920-03-25
AZAcoNnA "COPPER" MINING Co.

az broadway. New York. March 2s, 1920.
The Board OF Directors of the Anaconda
cop1,er Mining Company has declared q
dividend ef one Dollar tsloo, per ., share I,
s5o per share. payable on May 2%th. 1920.
to holders Of such shares Of record at tho
close of business at l2 o'clock Noon on
Saturday April 18th. 1920.
The dividend is payable only upon the
$50 shares, into which tho Capital Stock
Is now divided.
their holdings into shares of $50 par value
should do 80 without delay. In order that
they may receive their dividend promptly.
A. n. MNL1N. Secretary.
New-York tribune., 1920-03-25

made for some timo in our import
statistics.
OF the rough diamonds imported, as
usual, the bulk came from England
which is credited with shipments of
S696.500. Other shipments included
$S8,385 from British Guiana and $780,
o16 from Belgium. No rough diamonds
were received from British South AZ
RIGA during the month
New-York tribune., 1920-03-25
DIVIDEND NOTICES

STEEL & TUBE COMPANY OF AMERICA
The Board of Directors has declared the
reg ular quarterly dividend of 1%% on the
7es Cumulative Preferred Stock OF the
company. payable April /. 1920. to the
stockholders OF record at the close OF busl-
ness March go, 1920. The transfer books
will remain closed until ~ o'clock noon.
April 2, 1920. "
A. A. SCHLESINGER.
President and Treasurer.
New-York tribune., 1920-03-25

FINANCIAL MEETINGS
& WESTERN RAILWAY

The Annual Meeting OF the Stockholders
OF the Norfolk and Western Railway Com
pany Will be held at the principal Office
of the Company in the City of Roanoke.
Virginia, Thursday, tho 8th day OF
April, 1920. at 10 O'Clock A. NJ. to elect
Directors to elect Independent auditors
to audit the books and accounts Of the
Company for the fiscal yenr, to consider
the annual report OF the Directors for the
year ended December 31st. 1919. TO ratify
and approve all action Of the Directors
set forth in such annual report and In the
minutes of the Company and to transact
such other business as may properly come
before the meeting.
The Stock Transfer Books Will be closed
at 3 o'clock ]. NJ. Monday. March 22nd,
1920, and reopened at 10 O'Clock A. NJ,
Friday April Sth, 1920.
BY order of the Board OF Directors.
f II. ALDEN. SacrctarN.
New-York tribune., 1920-03-25
Commodities
Cereals

Wheat -English buyers We're again in
ths local nia market for wnsa ne and fop So
hard c. i. (. track New York. Offers.
however, were again limited and the
volume Of business was small T. a m9lders G
it was evident that the unfavorable pros
pects for the new crop arc having some
influence while transportation again
figured prominently market factor.
The interior markets failed to show the
same strength experienced on the
neapolis weere unchanged for the day,
while Kansas City y!r, was UNCHANGED to 4
that it IS too early to estimate the growth
or abandoned acreage of the new crop.
winter wheat states will start off With an
average condition of not better than rs
per cent and the abandoned acreage will
average about 10 per cent Weather con-
dit!ons were somewhat more favorable for
the new crop, as rains were reported in
portions of the Southwest where moisture
Corn--The market feverish through
out the day, with rapid huctuations over
times the ,undertone was weak under
liquidation. but on the breaks shorts We're
good buyers and final quotations showed
contnusd % agitation az alto i in chicago " over The, the
question Of Federal Investigations and in
tlmations that the Federal Rsservc Board
will probably resume its eff,NSSs to curtail
speculation had observation-disclosures on
the market although continusM small re-
Ceipts had a tendency to discourage ag
gressive operations on the selling side.
The East again resold a considerable
quantity OF corn in the West and IN some
quarters there was disposition to take
more bearish view of the situation on the
theory that the recent sharp advance in
and had left the market In more bearish
technical position.
Yesterdays Previous Year
Corn, No. yellow sl.S2M sl.S1A SITS
Chicago
NAY NAY 1ss's 7SSs 1sSA AZ 14Ss4 50
Oats-The market was dominated largely
by. tho action OF corn, although a. times
prices showed Individual strength, and
the highest, with net gains of "a to &C.
Offers were limited and well taken and
receipts were of moderate proportions.
Yesterdays Previous Year
No Sey wh 19Fn sio7 SGss s1of fISis soS7
July... 1874 1875 .65ls
Rye-Marlfet firm. n.
No sS We1t. SSan eiSIS sie7 $780, si1Ss siSs is9
Flour and Meal-Quotations were:
Yesterdays Previous Year
Mnn s~ pafent aesn slsSo sSS: sis45 fsoS5 s1is
Gornmeal. {, 4o5@4.15 4.o5@4.15 a.oo@4.2o
Rye flour 9.00Q950 9.00Q9.5 so 9.00GD9. SO
Bran. $500 $500 4S.00
Cottonseed Oil
The market was under pressure during
the greater part Of the day and at the
close the active positions were 3s to 40
points net lower. The action of lard and
cotton had a tendency to undermine
fdence and cash handlers reported a very
slow demand. In some quarters there was
a disposition to anticipate large deliveries
on May contracts. owing to the poor cash
outlet and the fact that holders win not
be disposed TO carry their oil in storage
through the hot weather. Total sales for
the day were 16.100 barrels
The range Of prices follows
New-York tribune., 1920-03-25
Satisfied judgments

The first name is that OF the debtor: the
second that of the creditor and date when
Judgment flied.
In New York County
Jardin Co. Inc. Joseph Smith
and Meyer Levy-C. Charcow
sky: Feb. >. 192O........... s27697
Northland steamship Co. lnc.--J.
Nahoun ct al; Feb. 10. 1917. 107.S2
Biehbuhr Walter F--S. p Black
man; Feb. n. 1920. ............ 1611.42
Merchants Exchange National
BankE. Davis, Aug. %, 1919 3,119.60
Riddell. Mary--E Blout; June 13,
1912 .............,... 3715s
Ludlow, James B--W. c. Stow ct
al; Feb. 81, 1920. 5000
Hobart, George V.-R. W. White:
Sept IT, 1918. lS................ 1856
Humphrey. Andrew B.-H. Eli
OFT: Jan. 10. 1920. ............. 379.72
Garfein Raphael. and George NJ.
Silverberg-N'tl Nassau Bank
of ~ Y: Oct. 30. 1912. 440.09
Tennessee Fertilizer Co.--Interra
tonai Agricultural Corp; Dec.
Is. ................ s.43s.71
Hart. Frieda. and London and
Lancashire Indemnity Co. OF
America-P Sugerman ct al;
Oct. IA. 1919. -. 2,612.S0
In Bronx County
Shoemaker. Anna III. Enright;
March ., 1920. .........-....-. 92,oo
New-York tribune., 1920-03-25
TUESDAYS s
POT markets -- Galveston.

quiet, 80 points lower, at 42.75c; sales. 500
bales New Orleans steady. unchanged. at
4o7Sc: sales. 2.391 bales. Mobile. nominal.
50 points lower, at S95oc; sales. nil. Sa-
vannah, quiet. unchanged, at 40.75c: sales.
nil Charleston. stady. unchanged at 40c (;
sales, nil Baltimore, nominal. unchanged,
at 41.50c; sales, nil Augusta. steady, 20
points lower. at 40c: sales, 1881 bales.
Memphis. steady. unchanged. at 4o.50c:
sales. 1000 bales. st. Louis. steady. so
points lower. Mt 40 soc: sales. nil. Houston.
quiet. rs points lower. at 42c; sales. GO
bales Little Rock, steady, 25 points
lower. at so. l5c. sales 41i hales.
New-York tribune., 1920-03-25
Merchants. Manhattan
Mercer Is Approved

At a special meeting of the Mer-
chants National Bank and the Bank of
the Manhattan Company over 80 per
cept the detailed plans of the merger
and the same will take effect at once
on the approval of bank examiners.
New-York tribune., 1920-03-25
ae5 HUDSON STREET CORPORATION

Notice Is hereby given that the Annual
Street Corporation will be held al the prin-
cipal Office of the company. No. 1875 Broad
on the list day of April. 1920, at II O'Clock
a. M for the purpose of electing directors
and inspectors of election and for the trans
action of such other business as may prop
,erly come before the meeting.
Dated. New York. March 16, 1920
C C PRATT. Secretary.
New-York tribune., 1920-03-25
Passes Dividend

Directors of the Shattuck-Arizona
Company have passed the quarterly
dividend due at this time. Heretofore
quarterly dividends of 25 cents share
were disbursed.
New-York tribune., 1920-03-25
Blu siness New S

stated Yesterday there
the
1o
ahe market Tor