davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
DETROIT EDISON GAINS.

Special Despatch to THE NEW YoRK HERALD.
DETROIT, Nov 1.-THE Detroit Edison
Company's net income OF October shows
an increase of 25 per cent. compared
with that of October. 1920. The figures
were s575,572 for October. 1921. and
S460.i50 for October 1920 For the first
ten months of 1921 its net income was
s4,7e3,474. against $3.22s.923 for the
corresponding 1920 period, an increase
OF 4S.4 per cent
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
MoNoN VALUATIONS s31, $4,000

WASHINGTON, Nov. ia valuation
of s31,495,000 was tentatively fixed to-
day for the Chicago, Indianapolis and
Louisville Railroad by the Interstate
Commerce Commission. This compared
with S33.723, 900 in stock and bonds Is
eued by the owning corporation and with
s37,225000 reported as book invest
ncnt value.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
LOOK UP $5o,OOo,oOO PERU LOAN
Guaranty Trust Co. Commissioner RS
Reach CaIIao.

CALLAo. Peru, Nov. ia commission
representing tho Guaranty Trust Com
many OF New York, which Is 10 confer
with the Peruvian Government on the
question OF n loan OF $50, 100000 TO
Peru, arrived here to-day from New
York on the Essequiho. The commission
Is headed by Nicholas Kelley, former
Assistant Secretary of the Treasury: &.
w. Van Law, consulting engineer, and
II. S. Rife. economist
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
ALCOHOL DIVIDEND PASSED.
Depression and Prohibition Reduce
IndustriaI's Income.

The United States Industrial Alcohol
Company yesterday passed the dividend
Oh the common stock because the direc-
tors were of the opinion that 1t was
more in the interest of the stockholders
to conserve the resources OF the com
pany." The shares previously had been
on n 81 annual dividend basis.
heavy volume of business during
the war went to the company from man
ufacturers of munitions. and profits were
large in 1917 and 1918. The business de-
preston and the effects of prohibition
acted to reduce income.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
FOREIGN MARKETS.

LONDON, Nov. 17.--Prices OF securities
traded in In the London Stock Exchange
were irregular to-day. Quotations at the
close Of trading follow:
Bar silver. 3oMd. an ounce.
Bar gold, 1923. Sd. an ounce.
Money, 3H per cent.
Discount rates: Short bills. 41iIs per
cent. three months bills per cent
Two and one-half per cent. consols, 49,
british per cent. war loan, IS.
british AZ per cent. war loan, 81.
he Beers, 10%.
Itand Mines, 2H
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
FEDERAL RESERVE
BANK STATEMENT
Reserve Ratio Rises Slightly,
Earning Assets Drop; Note
Circulation at 1921 Low.
| Special Despatch TO TIE NEW YoRK HERALD.
New York Herald Bureau.
Wnshinninn q [


New York Herald bureau,
Washington, ID. g.. Nov. II.
Aggregate gains of Ss,700.000 OF cash
reserves. of which s7.G00.o00 represents
gold. combined with a total increase OF
$10.S00.000 in deposit Liabilities and a
reduction OF s22.600,G00 in Federal re-
serve note circulation, are indicated by
tho weekly consolidated bank statement
issued by the Federal reserve board as at
the close OF business on November 16.
1921. The reserve ratio shows a further
rise for the week from ia to IT'S per
cent.
All classes of earning assets declined
from the week before: Bills secured by
United States obligations by s21,700, 900,
other discounted bills by $4,000, 900, ac-
ceptances purchased in open market by
$21,300000. United States bonds and
notes by s2,O00,0o0, Pittman certificates
on deposit with the Treasury TO secure
Federal reserve bank note circulation
by 100000, and other Treasury GER
tificates. largely held under repurchase
agreements by the New York reserve
bank by $1,000, 900. Total earning assets
therefore declined $40, 900, and on
November 16 stood at St,4S2 200, 900, or
about IS per cent. below the total re-
ported about a year ago.
or the total holdings of s43l. 900, 900
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18

ferrcd IN" stock only as to dividends.
They are alike as to assets. Tho pre-
ferrod "a is subject to retirement out
OF sinking fund by lot at par The Amer
lean SHELTERS Securities CorporationSS
gradually being absorbed by the Ameri-
can Smelling and Refinlng Company.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
OFFER TO SHELTER HOLDERS.
Bonds or American smelling 20
Preferred s, Par for Par.

Directors of the American Smelling
and Refining Company decided yestcr-
day 10 offer 90 holders OF American
smclters Securities Company preferred
"a" stock the opportunity TO exchange
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18

their stock for first mortgage . per cent.
bonds Of the American Smelling and
Refining Company on par for par
basis. The offer. viii temaln open until
December 81.
Series IA has priority over the pre-
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
INSURANCE HEADS TO MEET.

The fifteenth annual convention OF the
Association OF Life Insurance Presidents
will be held In the Astor Hotel on De-
oinbcr 9 ana ..
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
FOREIGN BANK STATEMENTS.
LONDON, Nov. 1.-THE Bank OF Eng
ands weekly statement shows the fol-
lowing changes

ment OF the Bank OF France shows
changes as follows
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18

PARIS, Nov. 17.--Trading Nv securities
in the Paris Bourse was firm to-day.
Quotations at the close of the trading
were as follows:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
UNITED STATES IRE AsuRY STATEMENT.

Special 10
New York; aldB Bureau
Mashn g. IL
o
Rod
pts ordinary: year0
rocc over
go
In
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18
N. Y. RESERVE STATEMENT.

The following table shows the condi-
ton of the local Reserve Bank at the
close OF Wednesdays business and at
the close of business on November 9.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-11-18

Reserve percentages OF n year ago are
| calculated on basis OF net deposits and re-
serve note calculation.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
SPEED RACEWO
BY PEKIN BOAT

On Board Sub-Chaser No. 419,
Aug. 4.-(By Wireless Telephone
to the Associated Press. Margaret
III, owned by l.. E. Selby of Pekin,
ILL.,, won the first five mile speed
boat race here today before a large
gallery of spectators on the munich
pal pier at the Pageant of Progress
water carnival.
Miss Quincy, owned by C. E.
Padget of Quincy, Ill, was second,
and Miss Peoria, owned by R. H.
Daniels of Peoria, Ill. The time was
not available.
Meteor III, owned by W. B. Wilde
of Peoria, ILL.,, won a very close
race in the 10-mile event with
B. B, II, owned by F. B. Bryant and
J. E. Bartholomew of Peoria. a
close second. Peggy owned by Fred
W. Schram, Milwaukee, was third.
Miss Chicago, running her first
race, finished 200 yards ahead of
Baby Sure Cure in the 15-mile
dash. Arab " was third. Miss
Chicago's time for six laps was II
minutes 81 seconds
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
HOLD UP POSTAL
MESSENGER AND
TAKE BIG LOOT
Part of Standard Oil
Payroll Goes to
Bandits.

st. Louis, Mo, Aug. 4.-CUnited
Press. )-Three armed bandits to-
day held up and robbed Thomas
Felaido, postal employe, at Wood
River Ill, near here, of a register
ed mail pouch containing $50, 900
and escaped in an automobile.
The money was part of the semi
monthly payroll of the Standard
Oil company and the bag was con-
signed to the First State and Saw
lngs bank at Wood River.
A few minutes before the robbery
the pouch was taken from the
Flyer" the Chicago & Alton
crack train at the station. Felaido
started to place it in a wagon for
transportation to the Wood River
postoftice when the three yeggs, all
fourishing guns, leaped from their
car and surrounded him. Felaido
was forced to stand aside while the
highway men hurled the sack into
their machine and sped away.
Police and a citizens posse start
ed in pursuit of the intruders i'm
mediately.
The bandits abandoned the car
in a cornfield near Edwardsville
Ill. 1t was later discovered they
took two pouches. Farmers found
the sack containing letters.
The car was stolen here last
night.
Police advanced the theory the
robbery was an inside job.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
HARDING TALKS
AT LANCASTER
Confidence in American Institutions
Declared Implanted More
Firmly Than Ever.

Lancaster, n. H., Aug. 4.-Unit-
ed Press president Harding
the American embassy here
mount Prospect amateur golf tour
nament today.
A silver loving cup, offered by
Secretary Weeks, will be presented
TO the winner.
Lancaster, n. H, Aug 4.-Confl-
dence that American institutions
are more firmly implanted than
ever before, and that in the near
future Americas example will lead
all the nations to permanent peace
was expressed by President Hard
ing today in an address at a well
come demonstration in Lancaster.
The coming disarmament confer
ence, the president said, gave
promise of an international agree
ment that would end wars and turn
the attention of mankind to con-
structive and beneficial pursuits"
He asked for the support of the
American people in the govern
ment's trial over the reconstruc-
ton period and pledged in return
that the administration would serve
the nation to its highest ability.
The presidents speech was de-
livered from his automobile in Con-
tinental Square here to a crowd of
several thousand, who had come
to bid him welcome to the White
Mountain country. He was cheered
many times while he was speaking.
and after he concluded the crowd
broke police lines to crowd about
him and shake his hand.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
KU KLUXFILES
SUIT FOR LIBEL
Corporation Institutes Proceedings
Against Los Angeles Express for
Alleged DefamatOry Article.

Los Angeles, Calf, Aug. 4.-The
Knights of the Ku Klux klan, cor
poration, today brought suit for Ii
bel against the Los Angeles Ex-
press, publishing company, cor
poration, demanding a total of
$105,000 general and exemplary
damages for the publication in
three editions of the paper of an ar
ticIe over which appeared banners
lines reading:
Great Ku Klux Outbreak" "ku
Klux Terrorizes South" and "Ku
Klux Reign of Terror"
The article, which was set forth
in full in the complaint filed in the
superior court here today, credited
certain raids in southern states to
"a secret organization similar to
that of the Ku Klux Klan of reor-
ganization days"
The complaint recites that the
knights of the Ku Klux Klan are
organized as a ''fraternal, patrl-
otic and ritualistic society of ma
tional scope" and states that the
corporate purposes are to promote
patriotism and insure protection for
the happiness of the people, among
other things.
The complaint further claims
that the society has a large mem
bership in the United States and
that its reputation was good until
the publication of the article III
question.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04

GREAT THRONGS
ATTEND CARUSO
BURIAL RITES
Four Hundred Singers
in Program at
Church.

Naples, Aug. Adjourned by i'm
mense throngs which packed the
magnificent cathedral of francesca
Di Paola and all the streets around
it, Enrico Caruso was committed to
his Maker in solemn mass of re-
QUEEN
Music which would have delight
ed the great tenor during his life
poured from choir of 400 voices
and from an orchestra.
The body, removed from the
Hotel Vesuvius, where it had lain
in state, was placed on a richly
decorated catafalque before the
altar where it remained after the
ceremony.
One of Caruso's closest friends,
another tenor, De Lucca, sang dur
ing the services. Several times his
voice faltered, but he finished while
many in the great building sobbed.
Thousands who had failed to gain
admission to the church were pack
ed about the wide area way which
leads to the entrance. Those thou
sands were able to hear only an oc-
caslonal sound as the orchestra
walled the dirge, but they remained
quiet and bareheaded, waiting their
last farewell.
The program for the funeral pro-
chance to pass the catafalque for a
Vided that the body should be taken
to the cemetery this afternoon to be
laid in the family vault.
Naples, Italy, Aug. 4.-(By the As
sociated Press s.)-Patrician and pie
bian gathered early today at the
Basilica of the church of San Fran
cisco di Paloa, in anticipation of
witnessing the funeral of Enrico Ca
ruso, the world famous tenor, who
died here on Tuesday. The edifice,
situated in the southern part of the
city, near the hotel, where the great
singer breathed his last, was de-
cided upon as the last scene in the
drama of the tenor's life, late yes
terday, after King Victor Emman-
uel had given permission that it
might be used for this purpose.
AS soon as word reached Naples
that the Basilica had been set apart
for the funeral, workmen were en-
gagged to construct a platform to
accommodate the 400 singers, Sc
lected to assist in the last requiem
In the center of the BasiIica, was
erected a large catafalque on which
the coffin would be laid
Representatives of the king and
royal family, the Italian govern
ment, the municipality and the pre-
lecture and many foreign govern
services.
The crowds, which on Tuesday
filed before the bier of the dead
singer, were eclipsed yesterday,
when thousands gathered at the
Hotel VesuviuS to pay their last re-
spects to Caruso. So large was the
throng that it was deemed advisa-
BILE to remove the body from the
death chamber to the hall of the ho-
tel, which was changed for the oc-
caSion, into a chapel.
Mrs. Caruso has made formal ap-
plication to the foreign minister
asking that the Italian ambassador
at Washington be instructed to seal
the New York residence of the late
singer, pending decision regarding
the disposition of his estate. 1t has
been reported that the court here
has decided to sequestrate all of
Caruso's property until Mrs. Ca
ruso's claims in behalf of her
daughter are adjudicated.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
LEAST JOLT
COULD DASH
PEACE HOPE
Discussions Between Eng.
ish and Irish Reach
Critical Stage.

Dublin, Aug. 4.-(By The Asso-
ciated Press. THE Irish republi-
can parliament has been summoned
to meet Tuesday, Aug. 16, the Irish
Bulletin, the official republican
organ announced this afternoon.
Notices have been sent to all the
members of the parliament
London, Aug. 4-(By The Associ-
ated Press. 1.-The Irish situation
took sensational turn today when
it was announced in Dublin that
Eamonn de Valera and his associ-
ates had decided to summon a full
meeting of the Irish republican par
lament to consider the British gov
ernment's Irish peace proposals
Out of all conflicting reports,
however, arises the outstanding
fact that the republican parliament
is to meet, which is taken to mean
Undoubtedly that Mr. de Valera will
give a reply to Mr.. Lloyd George in
the immediate future.
Belfast, Ireland, Aug. 4.-(By the
Associated Press s)-The Ulster cab
met met this morning for a short
session, at the close of which there
was no communication issued as
to the subjects of its deliberations.
1t was authoritatively learned,
however, that no message from
Eamonn de Valera, the Irish repub-
lican leader, has as yet reached
the northern cabinet
Call Parliament.
Dublin, Aug. 4.-(By the Associ-
ated Press. "A full meeting of the
Irish republican parliament is TO
be called. The official announce
ment of the call, with the date for
the meeting, will be published in
tonight's issue of the Irish BuIle-
TIN.
1t is reported the reply of Ulster
to overtureS by the Sim Fein has
been received and is not favorable.
The call for the meeting of the
parliament with all members pres
ent, involves the release from pris-
on of % members of this body, and
it has been declared the govern
ment is willing to facilitate their
The belief had been expressed
among the Irish leaders that there
was no use in summoning the par
until the attitude of Ulster
had been finally defined.
The inference in political circles
here, therefore, is that the answer
of Ulster has been received.
This answer is reported to be
unfavorable. the Belfast leaders de-
clining the Sim Fein Overtures, al
though these overtures had the
sympathy of the British govern
ment, it is said.
Craig Silent.
London, Aug. 4.-Sir James Craig
(COntinued on Page Ninel
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
BARS ALL BOUTS
sAvEBYL0DGES
Vnly Established Clubs. Legion and
Orders Escape Ban of Mich
igan Governor.

Lansing, Mich, Aug. 4-ViFtu-
eiiy all boxing bouts except those
staged by fraternal organizations,
we American Legion, or establish
q g clubs. have been placed under
Ne ban in Michigan, pending re-
vTganization of the state athletic
SOafd OF control. which Governor
S.fOesbeck y. has announced will be
1e nrst step toward eliminating
Vrmmercialism from the sport"
Inc governor recently announc-
" ne would not permit a title bout
y 'ake place in the state. Follow
s tne cancellation yesterday of
ue hoper-Miske fight, scheduled to
neid at Grand Rapids, Aug. u.
ss announced no permits would be
hSueu 10 promoters who staged the
'VIss an solely for the profits involved.
!, noxlng was conducted during
~ ~ war without taint of CONNER
ansm, ,n1, and came into favor" the
ssosefnor said, but since the war it
-, ~ oeen falling into the same state
,sn sScn the war found it. 1t is
so'I Ssl on the same plane of horse
ing l have no objection to
ing. Dut | do object to what ap-
s 10 be some ones game"
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
CAvEFIRST AID
AND WON MEDAL
Collector for Bell Telephone COM
pany Awarded Theodore n.
Vail Prize for 1920.
Two CaptiYes Meet.

Chicago, Aug. 4. August V.
Bronder, a collector for the Illinois
Bell Telephone company. has been
awarded the Theodore n. Vail med
al for 1920, it was announced today
Bronder is the first person in Illi-
nois to receive the medal, which
is given for herOism or unusual
public service in memory of the
late president of the Bell Tele-
phone system.
Bronder. while making his
rounds, discovered a woman acci-
dentally locked in a closet by her
little girl. By the time he was
able to free her. the woman was
unconscious from lack of air. He
revived her by first aid treatment.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
CROWD BUSES
IN DES MONIES .
AS CARS CEASE
Foil Attempt to Rob
RoiltOay Company
of $1,000.

DeS Moines, Aug. 4.-(United
Press All street cars were lock-
ed up in the barns but Des Moines
rode to work today.
This city of 10000, the first in
America to do away with electric
traction and go on a gasoline basis,
experienced no difficulty on the first
day of bus transportation.
Street cars quit running at mid
night-perhaps forever-on order
of the court which refused to per-
NIT the company to operate at a
loss of from $25, 1000 TO $4,000 a
month.
Buses, which charged scent
fare instead of 8 cents asked by
the car company, put the street
cars out of business and supplant-
ed them.
Seventy-two busses, big omnibus
bodies on 3-ton chassis, covered
every street car line in the city.
Perhaps it was because the peo-
pie didn't jam the busses at the
usual rush hours, but rather arose
early and eased the rush, but every
one rode to work.
Every bus was crowded from the
wake in the trolleys on their last
trip to the full fleet this morning.
Hang on Straps.
The heavy busses bumped down
low with their capacity loads they
seat 20 but will hold 40. Strap
holders started holding straps in
busses where they left off in street
cars.
All autos were jammed. When
the boss got down to work he\sent
his car out after his employees.
An attempt to rob the defunct
car company of its last $4,000, rep
resenting the days receipts, was
frustrated an hour before the cars
stopped.
c. K. Hill. a former motorman,
was arrested and charged with
holding up the cashier. He is said
to have confessed.
The car mems union started to
give aid to the 1000 members
thrown out of work.
Des Moines, scattered out over an
area Of "a square mikes, will te-
done inestimable damage, accord
ing to John A. Cavanaugh, presi-
dent of the Des Moines National
bank.
The omnibus business is the only
business that will not be injured,
he said.
No efforts are being made by any
organization to restore street car
service.
Blame Busses.
The busses are blamed by the
street car company officials for the
loss of SIS, 900 to $4,000 month
which caused the corporation to go
broke.
Buses invaded Des Moines in
1920 and were granted the use OF
the streets over the vigorous pro-
tests of the car company.
The suspension marks the climax
of so years of pickering between
the car company and the city.
The beginning of the end came
last winter when, after the street
car company was thrown in the re
ceiver's hands, it was granted an
Scent fare by federal court.
The street car property is to be
sold. AS yet no purchasers have
come forth to buy the rolling stock
and operate the lines under the
old franchise.
1t is, probable that the property
will be sold at auction, car at
time and rail at a time.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-08-04
Late Bulletins

Chicago. Aug. 4-IOhnny Ev-
ers today was depOsed as man.
ager of the Chicago Nationals.
Catcher William kellefer was
chosen to succeed him.
Washington. Aug. 4-The
agricultural credits bill, en-
bOdying the administration
plan for loans by the war
finance corporation. to aid
exports of farm products, was
passed today by the senate.
The measure. which now
goes to the house, authorizes
agricultural loans from the
$500. 900. 900 cash capital of the
war finance corporation,
which also is authorized to
issue $1,000, 900. 900 of bonds in
obtaining additional loan
funds.
London. Aug. 4.-The House
of Commons voted last night to
construct "a new battleships.
References were made in debate
to the large building programs
of the United States and Japan.
Washington, Aug. 4-The
conference agreement on the
packer control bill was adopt
ed today by the senate, As to 10,
and, after approval OF the
house, the bill goes to the presi-
dent.
London, Aug. 4-(By The
Associated Press. "A formal
invitation for an American rep
reSentative to attend the meet
ing Of the allied supreme coun-
Gil which opens in Paris next
Monday, was communicated to
Iroye off on the first round of tn
this afternoon through Colonel
de st. Alaine, the French am
States Ambassador Harvey, ac-
c0mpanied by a small stan, will
leave for Paris on Saturday.
Dixon, Ill, Aug. 4-John
Lanter, Richard Payne and
John LaFrance, all coIOred,
were this morning held TO the
Lee county grand jury by the
c0roner's jury Investigating
the death of William COffey,
white, who Was shot at a black
and tan gambling house east
of Dixon Monday evening.
Hammond, Ind Aug. A.
United Press Pour bandits
in al automobile held up Jo-
seph VereSh in the heart of the
business district here this AFT
ernOon and robbed him OF $3.50
in cash and sI-S60 in bonds.
Two shots were fired by the
bandits while they were max.
ing their getaway.