davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-07

its aim is to supply its clients with whatever they want
for instance Acreage sal farms for general pro-
ducion of fruits and vegetables groves for the exclusive
growing of grapefruit he Miami produces the finest
grapefruit in the world; for Building Plots grouping
two or three lots 50x50 It. EACH into plo Corner
Lots he corporation many and has options more
that exceptionally desirable for magn ficent homes
and, in cases. for business locations.
The prices for properties from few hundred
dollars up into the thousands thus opening market
available to people with modest abundant means
giving all opportunity to share in the marvellous pros
perity of the Miami zone
The New York herald., 1921-06-07
WILL AID DISABLED SOLDIERS.

John P. O'Brien, Corporation Counsel
announced yesterday the appointment, at
the request of Mayor Hylan. OF Edward
Y. Bennett. Assistant Corporation Coun-
sel, to aid disabled soldiers without
charge in obtaining benefits due them
usder law. MIR. Bennett will begin
work at once" Mr.. OBrien said, "and
any parties interested may interview him
personally or reach him by correspond
ence addressed to Room 1921, Municipal
Building.
The New York herald., 1921-06-07
Total S25
91 2A3 900

In addition to this Miami Beach has issued S3030OO
worth OF permits for apartments and hotel apartments
alone.
In the call Miami making to business and professional
and workers in all lines do not overlook the fact that
you asked to live in place where the climate is won
derful all the year round Think Of living where
does not need COAL overcoats, red flannel under
wear The only profession for which there is no loud
call is that OF doctors and this due to the remarkably
healthy climate OF Miami.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
THE WESTERN PACIFIC
RAILROAD COMPANY

1-PuRsUANT TO THE REGULATIONS
OF the Interstate Commerce Commission.
Ia Docke. Ell Partc No. -. as amended
october T. 1920, THE WESTERN PACIFIC
RAILROAD COMPANY hereby requests BIDS
for the purchase from said company OK
Five Per Cent. Gold Bonds. 10 be issued
under and secured by Its First Mortgaas
dated June 26. 1915 In accordance win
Western Pacific Railroad specifications NO.
1888.
signed at his office, No. 81 Wall Btrsse.
City of New York. New York, before twsws
o'clock noon. Eastern Standard Time. MAY
I3. 1921 and win DO received and opened
by the undersigned al said office, a. pro-
yided In the regulations hereinaDove msu-
toned Bids received after mat time WI
not be considered.
3-Bids must be prepared and suomit,sd
on the forms complying with said reguaa-
lions, copies OF which forms VIII Dc iar-
nished. BY the undersigned on request
1.-The successful bidder VIII De requirso
70 enter into and execute the proposed CON-
tract. Western Pacific Railroad ooasracs
S-rSe right is reserved 10 reject any and
e-Each bidder IL required 70 tender wtM
the bid bond in the penal sum OF s1SVg
with sufficient surety or sureties conditioned
mon ina faithful and prompt performAaos
~ tho terms OF said contract.
7-gp.ciftcations form OF proposals And
form OF said contract are now on fns IN
Room $50 Mills Building, San Francisco.
california. and also at the office 81 the
undersigned and arc subject TO examina-
ton, free OF charge, by persons ooairinH 70
examine tho same with a view 70 o,sa. M
and copies thereof VIII be fufnisnea anu
forwarded upon request.
ALVIN w. KRECH,
Chairman OF the Board Of Directors OK II
western Pacific Railroad Company, ~
wall Street, New York, N \.
Dated April IS. 1921.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
SAVINGS IN AMERICAN
BANKS Sc, 500, 900, 900
National Thrift Increasing,
Says Lester.
Special Despatch to THE NEW YORK HERALD
New York Herald Burcau,
Washington. ID. O., May b.

Special Despatch to THE New YORK HERALD.
New York Herald Bureau,
Washington, ID. c., May ..
Savings accounts in the nations 80.
900 banks total about $500. 100000. II
was estimated to-day at the Treasury
Department. Savings Of the pre- war
period never totalled more than hall
that sum.
Workers, salaried individuals. mer-
chants and persons Of moderate means
are saving at higher rate and In
greater. numbers than ever before. de-
spite the economic depression and wide
spread unemployment. according to ..
8. Lester. acting director of the thrift
division of the Treasury Department.
In addition to the big cash reserve
piled up by the rank and file Of citi-
zens, nearly 100000 persons own and
collect interest on Libertys and Vic
torys, on which the Government Is dis
tributing nearly S1,000.00o,000 a year.
The Government also owes approx
mately $500, ZOO. 900 for War Savings
Stamps bought and retained by several
hundred thousand savers.
The saving habit has been firmly i'm
planted In the everyday habits OF the
average American. according to Mr..
Lester, as result OF the methods
adopted during the war.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
REIMBURSEMENT NOT
NEAR END, SAYS sDUN'S'
Reviews Non Comn,ittal on
Trade Distribution.

Trade reviews are non-commital as
to new developments in technicalittes OF
trade distribution. but Brodstreets COM
ments as follows as to the effect OF the
constructive factors on basic conditions /:
1.-THE features include such things as q
further easing of the money situation.
both among foreign banks and with 40
nestle lenders the announcement OF the
20 per cent. reduction Of wages Of steel
makers of the Steel Corporation. set for
mid May; q rally in grain and flour
prices, which may mean turn in the
long continued downward trend OF food
quotations: a stronger market for for
eign exchange. vastly improved railway
net earnings for March and growth OK
strength in security markets. the latter
taken as a sign that real stabilizaton
IS now, measurably speaking, beginning
to be discounted"
Dun,s RepIetD sees brighter business
prospects for the near future, but the
process Of economic REIMBURSEMENT, It
says, Is not near completion.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
sTRACKLESS' TROLLEYS
APPROVED BY BOARD
Will Be Put in Operation by
City in Staten Island.

The Board of Estimate approved yes
terday the form OF contract and speciii-
cations for the construction OF eight
"trackless'' trolley cars to be put in
operation by the city In Staten Island.
between Meters Corners and Linoleum-
Vile, and from Manor Road and
Schmidt's Lane to Sea View Hospital.
The new lines. unique In the United
States, will be operated by Grover A.
Whalen. Commissioner Of Plant and
Structures. who said such systems have
met with success in Europe He Will
advertise to-day for bids and will spec
lfy delivery within sixty days, with the
hope of having the system in operation
by August 1.
The cars. Mr.. whalen explained, will
be large and Of a semi-open type. They
will be driven from trolley with a
loose feed wire which would permit OF
the vehicle moving out of the way Of
other traffic. The estimated cost OF the
installation of the service Is $4,000.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
TEXTILE FAILURES
HEAD BIG APRIL LIST
OF Manhattan's Total of 1873
Bankruptcies 1923 Are in
Textile Line.

Business casualties in April, number
ing 1,446, were per cent. fewer than in
March, according to reports to Brad
streets, and 81 per cent under the total
Of January. which brought the high
water mark OF the last six yee<'. The
number, however, was three times the
aggregate Of the preceding April, and
was, in fact, exceeded only once In April
In the last twenty-eight years, the ex-
ception being in 1915.
Liabilities involved In the months
failures amounted to SAC, 943,619, which
was 81 per cent. smaller than In March,
but three times as large as In April,
1920. Failures In the first four months
OF the year numbered 6,386, three times
the number Of the corresponding period
Of last year. The liabilities of the four
months totalled s269.949.3s0 and were
four times as great as in the January
to April period in 1920.
With final reports in on failures In
April from all sections OF the country
an analysis shows a large increase In
the number of textile bankruptcies,
which equal 40 per cent. Of the total
failures A few striking examples are |;
New York city (Manhattan), total
183. textiles 1919; New York State, total
252. textiles 1872; Illinois. total 80, tex
tiles %; Massachusetts, total LIS. tex
tiles %; New Jersey, total 40. textiles
26; Pennsylvania, total SO, textiles Do.
An almost similar proportion prevails
for all other sections Of the country.
Tho average liability in each failure Is
approximately $4,000. This shows
drop OF about $4,000 each from the aver
age Of the previous three months. Inc
textile industry, which includes wearing
a,,ra "a, as we'll. has suffered the most
an tbe drop in prices as well as from
the consumers strike.
The food line has suffered next, repre-
scntinr about 20 per cent. of the total.
inquiry in the market discloses that lne
paper and drug industries were the least
10 suffer drop in price.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
NO SUGAR FAMINE FEARED.
Federal Company Says Supply hof
II. g, Adequate for 1921.

That there will be an adequate supply
of SUGAR to iii the needs OF American
consumers during 1921 is the opinion OF
the Federal Sugar Refining Company
"During 1884," says the company IN
review Of the situation. there VIII pc
available for our requirements e.SSo.A'
tons (refined sugar basis) after est
mating Cuba's crop as 3.60o.UO tons.
This allows SOC. 27s tons. as exports from
Cuba this year to countries other tnan
the United States. 100000 tons OF refined
sugar and 100000 of reexports OF I'M
ported beet and cane sugar from tho
United states. The estimated exports
from Cuba and the United States to for
eign destinations In 1921 total go,H6
tons. compared with actual exports OF
l,2so.77s In 1920 and 1.5a.373 in 1919.
Against this supply of 5.3S6.A7 tons
we have applied an estimated consump-
ton Chased on last years figure) OF
100000 tons, which would indicate a
carry over on January 1, 1922. OF 1,3s6,27
tons, compared with Lo62.640 tons on
hand on January 1. 1921, and 1850 tons
on january /. 1920 AS we view the ait
uation at present 1t is more probable
that the actual figures viii show q
higher carry over than this rather than
a lower"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
REPORTS LIQUIDATION OVER.
G.. H. BnIch Says Labor Exception
IN south and Southwest.

Gordon II. Balch of stone & Webster.
who returned yesterday from three
weeks trip Of investigation OF financial
and business conditions through the
South and the Southwest. reports that
liquidation has been effected In those
sections in what appears to be Its full
extent In all directions except in the
case OF labor.
while II will still perhaps be some
time before that part OF the country
gets back to normal" said Mr.. Balch.
everything points to healthy condi-
tons. Recovery may be slow, but that
will undoubtedly be an advantage.
What is needed is a gradual return
rather than a sudden boom. The South
ern farmer Is going TO plant about 70
per cent in cotton as compared with
last year"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
PITTS. G. WEST VA. REPORTS.

The annual report OF the Pittsburgh
and West Virginia Railway. for 1920
shows gross revenues OF s2.254,047, with
operating expenses OF s2.27s.eG5, Nom
operating income amounting 10 s661,l22
brought gross income TO s470.755, from
which interest and all other charges, ag-
gregating s37.075, were deducted, leav-
Ing net income OF s43s,679 Net income
Of West Side Belt Railroad amounted TO
s317,335.
w. III. Coverdale, chairman OF the
board, says the Int state Commerce
Commission has not yet passed upon the
proposed s7.400,oo0 Increase In capital
stock nor upou Tho ACQUISITION % Tho
West side Belt,
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
CHEVROLET CUTS PRICES.

Tho Chevrolet Motor Company an
nounced yesterday a reduction OF APP
oroxirnateiy 29 la per cent. In the prices
IT It's cars. The reduction In one OF the
Arst announced this year by unit of
ne General Motors Corporation. The
Chevrolet four-ninety touring car will
hereafter be sold for s645, a cut of SITS
from It's former list price: the roadster
at $685. is down s160, the sedan at
SLIPS In off $3.50, the coupe at s1,f55 is
s17o lower and the light delivery wagon
- offered at sss5, figure si75 less
than before
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
RAW
REFINED.
PREPARE FOR SENATE INQUIRY
Railroad Heads Plan for Washing
ton Meeting Tuesday.

The steering committee OF the Asso-
citation OF Railway Executives completed
plans yesterday for the presentation Of
the carriers evidence at the Senate In
terstate Commerce Committees inquiry
TO open In washington Tuesday. Tes-
timony IL expected from some railway
executives who have not appeared here
tofore at hearings in the national cap
ital
Railway officers are confident OF pre-
senting a picture OF the transportation
situation that will give the public clear
understanding OF the current difficulties
OF the readjustment period.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
BUILDING FUND rs URGED.
Pittsburgh Commerce Chamber
May Raise 100000 Fund.

PITTSBURGH, May 6.-!The board Of d.
rectors OF tho Pittsburgh Chamber OF
Commerce has adopted resolution un-
der which the organization would form
a 100000 corporation for the construo-
ton of residences.
The resolution made public here to-
gay calls for tho construction OF 1000
'scuses in tho immediate future. The
Aouses would be sold Mt moderate cost
and on reasonable terms.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
SUGAR LOWEST IN FOUR YEARS
Federal and Arbuck1e Cut Refined
GrnnuInted Ten Points.

Refined sugar sold yesteray at Its
lowest level of the last four years when
the Federal and Arbuckle sugar refining
companies announced a further reduction
OF 10 points TO basis OF $50 a pound
for refined graduated sugar. The cut
was made despite a more steady tone In
the raw sugar market.
The range OF prices In yesterdays
sugar futures market follows:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
FOREIGN MARKETS.

LONDON, May 6.-Bar silver. s4&d. an
ounce bar gold, 103s. 4d. money. AZ
per cent, Discount rates: Short bills. 5
per cent; three months bills, 51a Q5ss
per cent.
PARIS, May 6.-Prioes were to-day
firm on the Bourse. Three Der cont
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
ELECTIONS AND MEETINGS.
ALLIED CHEMICAL & DYE CORPORATION
81 broadway. New York.
NOTICE OF ANNUAL. MEETING.


To the Stockholders:
pursuant 20 call by the Directors. ths
postponea Annual Meeting OF the Stockhold-
srs 81 Allied Chemical Dye Corporation
VIII 10 held ~ the principal office OF the
C-orporntion, No ~ Broadway, Manhattan
porourh New York City, At 1 r. NJ. on
Monday, May gard, 1921. for the purpose OF
elactipr twelve directors for the ensuing year
ana Tor tho transaction OF such other busi-
ness as may properly come before the meet
inr
rho stock and transfer books win be closed
from, The close 81 business on May 18th, 1871
10 tho opening o. business on May 24th, fp2i.
Dated May It'll, 1921.
nv order OF tho Board OF Directors.
CLINTON s. IvTKIN9.
Secreta ry- Treasurer.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
TO THE HOLDERS OF
utx Per Cent Sinking Fund Gold Bonds Il
=" SEN STS CUICLET COMPANY.
Duc 1929.

SINKING FUND NVIIIE
.o,tos IL hereby given, as provided ~
Adele OF the Indenture dated Juns "a,
iana. securing the above bonds, that scaled
II Tuesday May 10. 1921, by the undsy-
aligned AT rs office, No. lao broadway. Ns~
York City. for the sale 70 y. As Irustes.
sSnn be offered, which priccs. however,
nust be less than 1914 q par and scorusd
interest, Of sufficient OF the above oonds 70
t10gSrea Tweuty-four Dollars and Thirty
two cents $50 24S2).
'Gsfera should be sealed and endorsed
upf,sra Of tho Sen-Sen Chiolst Company
ponds to sinking Fund" and should be ad-
sresaea 10 the TRUST DEPARTMENT. Tbs
rieht 4 reserved % reject any and all Offers,
" GuARASTY TRUST COMPANY
or NEW YORK.
ny CHARLES II. SABIN, President.
dated MAY 4. 1921
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

An advertisement m the Lost ord
Found columns Of THE NEW york
HERALD Offers real possibility Of
recovering your lost property
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
MISSOURI PACIFIC
INCOME Is REDUCED
Soad's Report Shows 1922 .
Share on Preferred After
All Charges.

ae report Of the Missouri Pacific
Railroad for 1920 shows net corporate
income after all charges amounting to
$3.o33.O75. or s4.22 a share on s71,SoO,-
100 outstanding preferred stock. COM
pared with net income In 1919 Of s4.240,-
$50. equal to rs cents a share ona the
common, after allowing for preferred
dividend requirements.
The combined corporate and Federal
income account comparisons are:
on.r,,,n .,. .,,a le ss} 42s sas ls w os,
oper. exp and taxes. iiS43e,5ss s5.s2a.ossS
9gsraans lG ssomc ,ss sSss isssses
Ssssss,s .'s. $ssssss$Sssss ss sjii sss
sinciuds: standard return for both years
of Federal control certified by /. e; g..
s9 op paa by
u. 8. Rail administration.
fIncome.
President Bush told stockholders that
the compensation finally certified by the
commission for the entire twenty-six
months Of Federal control amounted to
s30,.85,729. Accounts with the Govern
main to be settled. OF $15,638.828 guar
anty due the road for the six months
ended August 81, 1920. $9,483.0OO has
been received.
Funded debt was increased In 1920 by
s1s.25o,260, $10.231.500 OF which con-
sisted Of notes under an equipment trust
agreement with the Director General for
equipment allocated by the Railroad Ad-
ministration. Loans from the Govern
ments revolving fund. bonds issued un-
der the company's consolidated first
mortgage, providing for additions. bet
terments and maturities. aggregated
$S,871,760. Equipment obligations to-
falling S747.000 were retired.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

Haiomon Brothers a Hutzier have issued a
booklet describing recent issues OF railway
equipment trust certificates put out under
the Philadelphia plan.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

rentes. 56f S5c.; exchange on London,
4Sf. 30c.; per cent. loan. S2f. 7oc.' the
dolla-, 12f. IL nc
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

The following have been elected officers
Of the Radio Corporation OF America
Chairman OF the board, owen ID. Young
president, Edward j. Nally: general coun-
sel, John w. Griggs; secretary, John w.
Elwood; treasurr, George r. De souss I:
general manager. David Sarnoff; comptroller.
Charles j. Ross; assistant secretary, T..
MncConnach, and assistant treasurer. NJ
~. Payne.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

An analysis OF the Sinclair Consolidated
oil Corporations affairs has Just been Is
sued by Pynchon 90. members of the New
York Stock Exchange. II covers the oor-
poration's financial position, past and pres
emit with special regard 10 what wealth put
back into property may mean 20 stockhold-
ers In the future.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

The following have been elected officers
OF the Thaddeus DavidH Ink Company, mo-,
for the year ending April 20, 1922 Presi-
dent, Harold Merckles vice-presidsnt and
treasurer. M. A. Klins secretary, v. r..
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

Libby, Mcneil & Libby
First Closed Mortgage 10 Ten-Year Gold Bonds
Due May
'ssTz Company % 1s s % % % dana
% @
T" Company = :s: &C. ;:; :s Il: Geo.: Err ';S
s s se ss 1872, 1880 . of sss the %
T goathe maturity
Tn 6ownss din from Mr. w. F. Burrows d Of
world Its
Carton Trp snof swift coupa % @ COMPANY
Mbusn vss saaas l @ H1 Henry % COUNSEL
mortgages % M % @
are
tae
100000 and than lsooooo
May 1914 Nay
1920 S1 and t s h . hs General Business
aonspe % I % % @
paid from p seSo 's1
"sssss % b a , @ % % % @
1907 %
ss%s : Us
Interest Yielding
Dillon, Read & Co. Harris, Forbes & Co.
Illinois Trust & Continental and Commercial
Savings Bank Trust and Savings Bank
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

o
D. c.
Reyenue and Of
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

PENNsYLyANIA OIL MARKET.
on CITY. Pa. May 6.--Credit bal
ances, $3.50. Runs. 29.978: average,
25.410. Shipments, 1894; average.
1889.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07


Capital stock paid in. $3.50 ........ $4,000 900 90
Undivided profits ss. sol 1885,
Reserved for In
terest and taxes
accrued. 1,21e,3S7.o4
s4e1l.371.5s
Less current
penses, interest
and taxes paid 433. S29.s3
Circulating notes outstanding. 5000. 80
banks s.'ou'' uoo " " 2s.5s5,7ao75
Net amounts due to state banks.
In the United States and for
Certified checks outstanding. s71 ,295.s7
Cashiers checks on own bank 80
n. Total a.,o:,, $50 qa ;sss sg ,sa ls
| bank deposits) subject to Re
serve deposits payable within
Individual deposits subject to
Certificates Of deposit due in less
| than 80 days (other than for
money borrowed) .......... 3,o11 BILE
Dividends unpaid. ......... looeooo
| mand deposits
(other TIL
! bank deposits)
subject to re-
Time deposits subject to re-
| serve payable after 80 days.
or subject to 80 days or more
! notice and postal savfngs)
Certificates of deposit (other -
| than for money borrowed % 6o9.E
Other time deposits. ........ l.206 800
Postal savings deposits. SO2.61s.oo
Total OF time
deposits sub
ject to reserve. 81, 062. 673.47
United States deposits lother
than postal savings) including
War Loan deposit account
! and deposits OF United States
disburslng officers .......... 3e6,2oo.oU
Ser serve p"fSn bank WIN 1870 10000
Letters Of credit and travellers
| checks sold for cash and out
standing. ................. 7'211's2
"Acceptances" executed by this
bank for customers, and to FUR - a.,
nish dollar exchange. ...... 5.479.3so'oo
Acceptances executed by other
banks for account Of this bank SSoos.o4
Liabilities other than those -,
above stated ..........s.. 1,2ofoiv.o2
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
BID AND ASKED QUOTATIONS
HANGE QUOTATIONS.

~. H o1OCK ksACFHx1~O% 101'S'
To tho following prices accrued interest Is
10 be added IN every case:
x-nnryrNr pnNno
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

r,os,ng nr,css OF stocks In which there
,,ara ~ ,ra n factions yesterday.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07
lChsrter District No. 81
REPORT CONDITION OF
The National Park Bank
OF Nep York

City
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

FINANCIAL NOTES.
w. AIlston F1agg has been elected n mem
Der of the New York Cotton Exchange.

Robert NJ. Baldwin has been appointed as
sistant secretary and assistant treasurer OF
the Hudson Trust Company Of New York.
Mr.. Baldwin was formerly an assistant ma
tional bank examiner.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

RESOURCES.
Loans and dis
counts tnclud-
Acceptances Of
other banks
discounted. 208, $4,000
Total loans. q SO, bos 7os. 80
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-07

lenny that the above
INSCRIBED and swrn : m lis day o
s.. o 0TT0 Wa aIa NaG Public Kings County
S SSSSS ySs Al AST Fin Directors