davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Better Tone i'm Silks

Some silk manufacturers yesterday
thought they saw an Improvement in
buying, following the optimistic spirit
displayed on Tuesday at the convention
OF dress fabric buyers. The johbers
were plentiful around the silk district
ana were looking at lines of samples.
IL Is believed that little buying for fall
mas oegun yet and that present orders
are limited mostly to goods that the
manufacturers have in stock. In some
cases buyers are convinced that the
mills have little goods on hand and
that the fairly large stocks of the
smaller jobbers consist mostly of low
end and undesirable merchandise.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Bank Merger Ratified
Consolidation of Fidelity and
International Approved

Stockholders of the Fidelity Trust
Company and the international Bank,
at meetings of these respective in
stitutions, voted to approve the recon-
mendatiOns of the two boards of
directors that the two institutions
merge, it was announced yesterday. The
uperintendent OF Banks has approved
OF the consolidation and the new in
stitution has taken the name of the
Fidelity lrte irrational Trust Company.
The necessary papers were filed at the
county courthouse.
AT special meeting of the directors
of the enlarged company the following
directors, representing the Interna-
tional interests, were elected: James
c. Colgate, Sumner Ballard, Isaac E.
Chapman, Edward W. Harden, George
NJ Motfett, David Rumsey, Albert Way
colt and Courtlandt Linkroun
At the same meeting William Reed
and Charles +. Blackford jr. We're
elected vice. presidents; Il. A. Mis-
kimin. assistant secretary and R.
Boogarden, assistant secretary and
manager foreign Exchange depart
ment.
The other officers of the Fidelity
International Trust Company are:
Samuel S. Conover, president; John W.
Nix, vice presidents; Andrew H. Mars,
vice pres dent; Arthur w. Mellen, vice
president and secretary; +. Tilden Mat
tox, vice president; Stephen L. Niele,
assistant secretary; Edward A. DAN
nenberg, assistant secretary and credit
manager; Charles r. Butler, assistant
secretary, and Arthur L. McKenna, as
SlStant secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Corn Market Recouers
from Slump in Prices

Underlying conditions in the corn
market were in favor of a further
downward readjustment in values.
Early in the DAY the market lost "a
10 cents bushel under scattered
selling due to warmer weather in the
belt, which was favorable for the NV
crop, and continued liberal receipts. a..
pecially at Chicago.
The technical position of the market
however, was considered firm OWING TO
the recent heavy selling, and persistent
buying on the part of leading elevator
interests in the West started a general
covering movement
This demand brought about sharp
recovery and prices at the close of the
day were at the highest of the session
a showed net gains Of = to . cents
In the local cash market No. 9 yellow
com was quoted at S173ls. cost and
freight New York.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
July Cotton Near
Record Top Price;
New Crop Weaker
Spot Month Sells at 43
Gents onActive Buying by
Shorts; Mills Expected
to Seek Supplies Soon

In face of weakness in new crop po-
sitions yesterday, July cotton advanced
to a new high level, reaching 43c, or
only Is points under the record es-
tablished by March contracts, which
was the highest price ever touched by
futures in this market. The buying of
July was mainly from shorts and it
was still the opinion of traders that
the short interest in that delivery was
larger than expected. Only about seven
notices were issued at the opening.
Realizing late in the day dropped the
price to 1850, where it closed, I'M
changed from the previous night.
Later months tended lower, with a few
reactions during the day, and the whole
market closed barely steady with
prices unchanged to 55 points net de-
cline
The principal selling motive of the
day was the weekly government wealth
er and crop summary, which proved to
be distinctly better than had been ex-
pected in view of the recent rains in
all parts of the belt, on which much of
the strength of the last few days has
been based According to the report,
this rain situation had not been es-
pecially unfavorable except in parts of
North Carolina. Cotton made excel
lent progress in Arkansas, Texas and
Western Oklahoma, but weevil damage
increased in the Southern part of the
belt wherever frequent rains occurred.
One feature of the report was its
statement that the Georgia condition
was above normal It's effect was to
cause emphasis to be laid upon such
bearish private crop advices as were in
features of textile news in general, and
there was distinctly less confidence to
buying after midday as result Of the
report. The principal show of strength
IN the market was right after the open
ing, when prices had rally of about
20 points on Liverpool buying and
LEGAL covering.
With the close of the Liverpool
market the chief demand was ex-
hausted, and prices at once began q
decline which eventually carried Oc-
tober down to 34.43, December TO $685.
and January to 31.93, which proved to
be the lowest of the day. While some
rally occurred from these levels in the
late afternoon, it was not important
and the undertone was distinctly un-
settled at the close.
Private advices brought news Of in
creased offerings of new cotton from
the Southwest, but it was also said
that many of the New England mills
have little raw cotton on hand and
may be forced to come into the mar
ket to renew supplies at any time
Southern spot markets were % points
higher to so lower, but generally un-
changed.
The local market for spot cotton was
steady and unchanged at 43c for mid
ding; no sales were reported.
III. range OF prices Follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Jobbers in Cotton Goods
Not All Anxious for Drop

,Jobbers Of cotton piece goods sup
plying the retail trade are not all Of
one mind concerning the amount OF
IN primary markets. Some Of the job
bers, who are understood to be fairly
wei supplied with goods in stock, or
coming TO them, but delayed by the
railroad congestion, are not particu-
arly anxious to see drastic reductions
Until they have disposed Of the mer-
chandlse they already own at high
prices
While most of the jobbers who took
the floor at the convention here Tues
Jay were loud in their expressions of
optimism and frequently referred to a
possible shortage of goods for spring,
mere was 10 perceDtible rush yester-
uey 70 DgN In the nrIrnarv markets
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Commercial Credit

The extension of credit past the due
date OF maturing bills, according to
the credit men for leading mercantile
Establishments. is becoming a great
burden and it is probable that further
extensions viii be refused in many
eases. Ii IS we'll known that in the fur
and silk trades particularly, and to a
less extent in some Of the other Iner-
camille lines, small jobbers and retailers
are being carried by the manufacturers
and larger jobbers.
Commercial money rates are still firm
and advancing IN some eases. 1t is re-
ported that some. firms that borrow. on
.teir own paper are forced to pay as
nigh as 81. per cent for the accommo-
datior. Bankers acceptance rates
we're unchanged yesterday, those quoted
b. the American Acceptance Council
being.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Canadian Bonds PAYABLE Here

Ques1!on-is the price quoted on Can
adtsn Pacific stock in American money
How is the dividend payable? Why dces
General Motors preferred sen a few points
higher than the per cent debentures,
Are the Dominion OF Canada 5 per cent
bonds maturing "a 1926 payable IN Amert-
can or Canadian money IL. r.
Answer = The price OF Canadian
Pacific stock is quoted in American
dollars on the New York Stock Ex-
change and dividends are paid IN
American dollars. The difference be-
tween the prices of General Motors
preferred and the debenture stock is
largely matter Of supply and demand
there being a comparatively small
amount OF the former outstanding. The
Dominion of Canada per cent 1926 is
an external loan payable, principal and
interest, in American dollars.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22

QUESTION have 5000 which T hav. no
immediate use for. Ail not quite salts
ned with the Pc cent the banA IL pay
ing. What would you consider a good
investment for small an amount Also
what do YOU think OF Pennsylvania Ran
way II. z. =.
Answer-For small amounts II would
be well. we think, to look 70 high grade
preferred stocks, which may be pur-
chased IN amounts OF 500 and upward
You could buy three shares OF General
Chemical 6 per cent preferred or three
shares Of American Tobacco per cent
preferred and the yield would be over
per cent, as the stocks sell slightly
below par. Both are good investments,
IN our opinion. We DO rot regard
Pennsylvania Railroad stock as good
investment so long as the present
uncertainty exists in the railroad situa-
ton.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
SLIGHT Reductions
Made ON Woolens
For Spring Season
Few Venturesome Selling
Agents Open 1927 Lines,
hut Decline Is Not
so Great as Expected


.,.hon~h the majority of wooden
H. .rents arc waitinc for
goods ss,'',.s - 49, as,-as
more staoiii@a'io" 4" ''.e .nS'' Nes 'e-
tore making their initial showfngs of
..-;.s for next spring, one or two of
iapA ..,,sor,o how. o,od
the more Ne"'Nis'o'" SeAee'
their spring lines. IN Vhe case OF one
,i;rr agent who offers lightweight
s''''.-e ona motions for sprinp. re-
eassii''s'es
ouctions from last year prices are
,round Is per cent on the easslmeres
I'd nearly II per cent on the meltons.
This is less than the much talked of
snd greatly expected reductions OF %
- * per cent
palm Beach lines for next spring
reya opened yesterday at prices above
sbose made in June OF last year, but
ssual to those made when the second
sIiotment was issued in October. Palm
pssrn snd other strictly summer fab
~;ss enjoy a stronger position in the
.asrkst taan the staple wooden goods.
gse demand Ter mems clothing Of
.hasA materials IS still strong at the
.rossr+ time. and retailers and manu-
fac-erers are understood to have done
1srge volume of business in this
Glass Of merchandise this summer
Trading IN women's dress goods is
s.in on a low level The large manu-
fsctu~ers have not yet shown spring
lines Jobbcrs, for the most part, as
sert they have placed orders for their
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Satisfied Judgments
In New York County

The frat name is that of the debtor. the
second that OF the creditor, and date when
Judgment was filed
Greenbaum. Morris-H. b. Endi~
colt ct all May IL. 1919..... $1so.s1
Nasanowitz, Bertha-~O. Dulber-
ger; February t6. 1919. 266.79
Brao. Harry L., and Joseph Wei
ner-Bank fur Handel und In
dustrie Fidiale Leipzig; No
vember 8, 1914: cancelled 49, 12l565
Van Schaick, Frances Franklin
simon Co. February 49,
Van schaick. Frances - Lane
bryant Inc; February 6, 1920 1880
MCGEE. Benjamin F.-G. Cara
gan; December Q. 1919 ....... 9S3cG
Steinmetz Construction Company
Service Auto Trucking Com
pany, Inc. June s. 1918 &c.,. 96170
Stelltng. John H.--Grand Rapids
FURNITURE Company: June 30.
1920 ,.............. al77s
Nonmlnger-People. etc; May
:. Is. 1920 ..................... 1000
Kraut. Herman--E. l.. Richards;
February 25. 1916 ............ 1880
kraut, Herman-E Markowitz:
October s, 1918 .............. 500. os
- man; October -, 1910 1920. 1858
Nevelson. Bernard. and Wolff
May "a. 1911 ......s........ 1881
SokolslSl. Abraham and samuel
B. Cohen; November s. 1911. 1856
In Bronx County
Shongut. Jacob - NJ Auerfeld:
April IL. 1920 ................ s52O.3
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Shoe Business Better
Buying for Fall Said To Be In
creasirg Daily

While the buying Of shoes for fall
has not reached even normal propor-
tons, sales representatives Of leading
manufacturers assert that business is
increasing daily. BUYERS are strag-
Cling into the local showrooms at the
rate Of three or four a day and are
placing some orders, mostly for early
fall selling.
The statesmen say they can promise
delivery in from five to six weeks from
the date the order is entered. While
most manufacturers have reduced their
price lists, there has been no drastic
price cutting rs vet. Few of the re-
auctions, even on high-priced shoes,
have amounted TO more than 50 pair,
while the majority of revisions amount
To between 80 cents and $3.50 q pair.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Blu inc IS N e VS.

weak. Citric acid is unchanged. Quick
silver is firm.
The coal shortage has forced a
widespread curtailment by dye manu-
facturers. Several plants have closed
ana others are running on greatly
reduced schedule. Consumption is
limited and prices remain firm. Stocks
are greatly reduced.
>, Essential oil prices declined, with
tne exception of few scarce products,
lnciuding wormseed, French petit grain
and some sYntheti
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Mems Clothing Manufacturers
Have Orders for Five Weeks

orders for mems clothing for fall
sAc winter now in the hands of lpcal
manufacturers are understood to be
sane!eat, generally, to run the facto-
i,ss fer another five or six weeks, but
Il additional orders are not forth
coming by that time widespread
eurtaiiment of operations may result.
II Is already reported that few
Producers have closed their cutting
rooms, having finished the cutting of
al orders on hand The price
guarantee extending to November 10
N the case of suits and to December
10 IN the case of overcoats has not
simulated the retailers to much buy
ahg activity, although it has eliminated
some OF the financial risk. The retail
ers' according to several of them, are
not concerned as much with price as
t sney are with the possible demand for
-a4i garments at any price.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Defaulted Coupons Go to Buyer

cuesllon-Inasmuch a. the MEXICAN gold
4s defau!t=d IN 1914. lUt-rcs. amounting t.
about sZ4o is due On each 81 eco oonf.. II
/ should buy this bond at the present prize
81 $50 4nd the Mexican gOvernlaen
should eventually pay the past due inter
81 would it be paid to me or - Il previous
holder or tn bond Are there am Cana
dian securities Legal N Massac h4setts o.
connectlcutf II 50. where can get d list
II them e J. l..
Answer-All defaulted bonds sell
with the unpaid coupons attached. You
would, if you purchased Mexican ex
ternal bonds, receive all interest from
1914 when paid. No foreign bonds ara
legal for savings banks n Massachu-
setts or Connecticut.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Business Items

Plans Tor The esta olishment Of A CEN
tralized credit bureau in New York city
nave matured to the point where they will
pc voted upon by the members Of the
Associated Retail Credit Men next Tuesday
Sears Roebuck & Co expect to open
their new Philadelphia store about Octo-
Der 15 L. J. Rosenwald. son OF Julius
in charge
Retail dry goods and apparel trade in
eng land is reported to be passing throug h
4 dull period in spite of the iG-summer
sales now in progress.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Chemical Market Better

;, Trading in the heavy chemical mar
Scs Is improving, according to this
weeks issue of Drug and Chemical
markets." with advances on lead
acetate, sodium hyposulphide and
Siauoer's salt being made by pro-
oueers. Second hands offer stron-
eium nitrate and ammonium sulphate
..n, lower prices" says the report.
bleaching powder is easier. Manu-
lecturers and second hands are wide
apart on prices for glacial acetic and
suiphuric acids. Reductions in crude
erags extended over a much wider
area this week. Prices of bromides
are dropping steadily and resale ma
terial is lower than manufacturers
kuosationa~ Gamphor-and menthol are
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
X. C., F. S. & NJ. As. 1885

Question Il would appreciate YOUR
opinion on an investment il the Kansas
city. Fort Scott Memphis refunding
mortgage gold As due October :, 1886
{. w 3
Answer The Kansas City, Fort
Scott & Memphis refunding per cent
1885 is secured by first lien on l24
miles; a second lien on I'll miles, sub
ject to some $15,300, 900 Of bonds, and a
third lien on 26 miles, subject % $780,
900 of bonds. The entire capital stock
is owned BIZ the St, Louis-San Francisco
Railroad, to which the property is
leased until 1000. We regard the bond
as a fair investment. With increased
rates there should be little question as
to the ability of the road to operate
successfully.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Dollar Exchange Rises

BUENOS AYRES, July 21-A sensa-
tional rise in exchange on New York
has followed the action OF the Argen-
tine government last week in suspend
ing the release of Argentine gold de-
posits in the United States. The dol
lar has advanced from l07 for cables
on the date of the suspension of the
release of deposits to 1875 to-day, or
equal to 10 points above par.
Inasmuch as the law passed at the
beginning of the war forbidding eX-
portation of gold has never been re-
pealed. it is feared that the ate viii
20 higher owing to the trade balance
being against Argentina. Business
firms dealing with the United States
already are agitating for repeal Of
the law
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
White Dental Note Offer

William A. Read & Co. are offering
50 100000 1O-year per cent gold notes,
due August / 19 0, % the s. S. White
Dental Manufacturing Company The
notes are being offered at 100 and in
terest to net 8 per cent
The company is the largest dental
manufacturing company in the world,
its products comprising practically
every requirement of the dental pro
fession. These products are manu-
featured in it's factories, located in
Philadelphia, Frankford, Pa, and
Staten Island.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Chance for a Bond Speculation

Question-Win you b. good enough to
tell me whether YOU consider Peoria
Eastern first consolidated IS or 1870 a sats
Investment n =. s
Answer-Peoria & Eastern first 4
per cent bonds are not high grads
The road has been poor Garner, al
though it is likely that the future will
bring forth better results. The inter
est on the bonds is guaranteed by the
Cleveland. Cincinnati. Chicago & St.
Louis Railway, but the bond is Sc
cured only by third lien on 1913 miles.
second lien on 1876 miles and first lien
on 1851 miles OF leasehold rights We
believe the bond offers very fair speca-
Iative investment opportunities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Inre sim ent
Information

Questions Of general interest 20
inpestors wilL be amsWered IN thls
column, IN iohich case only initials
sOiu be used. Others qciU be ar
ssoersd By mail. Address al M
quiries, inclosing q stamped, Gdr
dressed enveiope, 10 FfncHclnL Editor,
The Tribune, I54 Nassau Street, Mem
York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Judgments Filed
In Bronx County

The first name Ia that OF the debtor.
Accarso. Sandy. and Tony c.
n We Werner, Inc, ......,...,.... ssoo1s
r, ing company. Inc ....,... es.45
Horowttg. Nathan-F. w. Stone 5000
Rhesnish. Augusta and Frank-F.
8, isenberg :..... $3.50
SScnmitt. Louis F--S stein. 149.3 80
Sal2man. Benjamn--J. NJ. Lip
man ............... s7ess
Scnidman, Jacob-Y. RoRenbaum 9072
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22

Inchang7d at S9.50c; sales. 200 bales New
Orleans steady, % points higher at 40c
sales l.-76 bales Mobile nominal I'M
changed at SO. Zoe; sales. nil savannah
qulet: unchanged sic; sales nil
Charleston steady, unchanged at 40 soc
sales nil. Augusta quiet, uncha nged Al
40 sales. III bales. Memphis steady, un-
changed At 39.50c, sales. 100 bales St
LOUIS steady unchanged a. 9.50c; sales
NIL Houston steady, so points lower at
~. 'oci sales 1854 bales. Little Rock
quiet. unchanged at 29.50c; sales. 20 bales
Dallas SHADY, 40 points lower at SO. soc :
stles ga bales. Fort Worth steady. IN
changed at s.-5c. sales. nil.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
Buyers Coming

COUNCIL BLUFFS. Iowa--Joe Smith &
Co; George l.. Frank, ladies' ready to
wear; Prince George: expected Aug
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22

Livingston stedman, Inc.
Wilson, Edward. and Harry
katz--peopie. etc ......
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-22
The range of prices follows;
Sugar--The market for raw su

suear--The market for raw sugar is
weak and dsmorslzed Yesterday nno s5a
later in the day another &c decline was
noted. Early business included 20, 900 bags
Of Porto Ricos at l7o6c; e j. I. prompt to
1sc, c and +. and $500 bags full duty
sugars at 1910. c. ]. (. Late in the day
Arbucka bought $500 bags Of Cubas in
port at Is &c, c and T.. and another lot TO
arrive at the same price, this being the
equivalent of 1850. duty paid.
Sugars were pressing for "a al the
close of the day at these prices and an
other break of &c would not be al all
unexpected to-day.
Owners of White sugars are pressing
them for resale. The rehners' demand IL
light and altogether the situation has de-
veloped TO one quite in favor of the buyer.
Butter, Cheese and Eggs
F:ntter--Receipts were l3, 0s5 packages
q SIC: extras. % score, SIC hrsts. 20 to
9 score. IS G5sA2c So to So score, 81 = q
lower grade. A7ms unsalted higher
than extras, coz a Sic. extras, 59i2 q zoe
frsts. So @59c; seconds 5lg5ic: stare
dairy tubs finest 50 4 q 50 -; sood
sic; renovated, extras +9Q50c; arsts.
As a 4Sc; ladies'. current make. trsts. Is q
4lc. seconds, ~ !. q &c. lower grades
~ % 43c' packing stock, current make.
No J. 44c; No. ,. 45c; lower grades 80 q
Cheese-Rec eipts we're . OIL boxes State,
whole milk fresh fats, colored or white,
1t, 27Ma 3sc. average run. colored or white
Is y q rs nc. twins. fresh. specials &c n q
q 26c; lower grades. 20 lQ25c fresh twins.
IS 20 nc; single daisies. fresh. q :. Q use,
20 a zoe; fresh. specials, l7is @ IS Il c.
prime to choice. Is q lie. fair 10 good, y G
IA = lower grades, 6aI0c.
Eggs-Receipts were II, -0l cases Fresh
gathered extras, dozen. SO q sac, Extra
tirsts, 50N SIC: hrsts AZ case seconds A.
q s6c; poor TO fair, 50 q Ale; dirties. No !.
~ m = fanE~ Il,
fair to choice, dry. 81 u SOC; poor. a case
So q So State, Pennsylvania and nearby
Western hennery whites. extras. 80 q ofc;
extra frsts, 63@ 64c; frsts. o. q &c; gath
cred whites. hrsts to extra hrsts 81 q SIC
under grades o0Q 55c. Pacific Coast whites.
extras. s5us7c; extra hrsts. 81 @ CSC; arsts
. q o0c. under grades. so % SOC. Other
Western and Southern gathered whites
As a soc. STATE. Pennsylvania and nearby
Western, hennery browns, extras 80 a 5Sc
brown and mixed colors. gathered. graded
extras, So sac. hrsts TO extra hrsts. 46 Il
052c.
Livestock. Meats, Provisions
Yesterday. Year go
Live steers. fair TO
prime, 100 lbs s13 % q 1900 S14O0Gt6 "a
Dress beef
sides, lb...-... .16 q rs .lS9 .2S
Live veal. COM
mon to prime.
100 lbs..'..... 1900 a 1000 l6.Ooa21Oo
city, n. 27@ az ESQ 80
Live ewes. 100
lbs .......... $500 SEQ $3.50 500
Dressed mutton.
city. lb........ .l4p 20 .12Q 20
Live lambs fair
to prime, 100
lbs .;....:. l5.OOal7.Oo lA5oa1775
Hs sssS 1879 :5S :; - g :, 2: z
- hogs.
bacon. ID .ss5s@,as5s .sl'.aaa
Mess pork. bbl... 400 q $500 $3.50
Mess beef. Dbl. Is 0OG1 1900 3s00024 "a
Lard N ID d
West. 100 lbs l930ulq40 3475q24 81