davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-03-18
CONSOLIDATED EXCHANGE.

Price changes were definitely !iregu :
lar throughout yesterdays trading In
Consolidated Stock Exchange and the
trend was mainly to higher figures In
industrials and recess!onary in rails.
Some active motors and specialties ad-
vanced one point to four points more
than early lows. while few marines.
tobacco and steels Welded TO to
per cent. less than Wednesdays final
figures Gains Of in Studebaker to
6Ih; S1s in General Asphalt. 10 4sl.. and
in Chandler Motors, to 1911, and de-
clfnes OF ~ in vanadium, 10 2SIs. and
21s in New Haven, to 1875. were feature
changes. the last two entering new low
ground for this year.
American Wooen rose 9, TO &c.
United States Rubber 2h, 10 704; Strom-
berg 2is, to "a; American Sugar 2. 70
eSh: United Fruit ga, to 10ia,: Baldwin
Locomotive lsi. to S%: Pierce-Arrow
i&. TO ISL: Ship and Commerce, TO 50.
General Motors, TO 1876; Pan-American
lta. 70 ia; California Petroleum 2is ia
4S; Texas and Pacific Coal and Oil /. 10
25ss, and Mexican Petroleum 3Ls, to t4-E.
Reading was offered down ott. 70 g7sg
81. Paul rs. TO 2f7s; Southern Pacific
ia, to T3ss; Great Northern preferred
!. to 49,; New York Central IL. 10 "a.
Tobacco Products 3la. TO 4sjs; American
Sumatra III. 70 5sa& Retail Stores 2is. 10
49N; crucible Steel 81, to ss.s: United
states steel TO soL; Republic IL. "a
s6. and Bethlehem steel 3 ~. 10 S5%
The New York herald., 1921-03-18
NATIONAL ACME EARNS MORE.
Company Is Preparing for Period
Of Business Activity.

The report Of the National Acme
Company for 1920 shows net income
after all charges and Federal taxes OF
$2.455,3S6. equivalent 70 si.s1 share
earned on the $50 par value capital
stock. This compares with s2,417,167
ard S4.SS In 1919. Net sales were Sl5,-
75S. 1921 against s12.240,99O. and cost OF
goods S11. .460.903 compared with sS,416.-
77f Dividends aggregated $l,744.6S6.
leaving a surplus OF s71064o.
Up to last August, the report showed.
the company's operations were behind
orders, but in November orders had
tapered or nearly 10 the vanishing
point
1T Is inconceivable," the report points
out. with the underlying condition 50
geuero,Iy favorable. that the business
OF this country can much longer remain
10 a waiting attitude FIRMLY believing
that the siege OF liquidation now on us
must perforce be Of relatively short
duration your management did not hesi-
tate 10 prepare, but 70 4 reasonable eS-
tent only, for a period Of anticipated
business activity"
The New York herald., 1921-03-18
w. L. MAPOTHER CHOSEN
PRESIDENT OF L. AND ~.
Rises From Office Boy to
Head of System in 81 Years.

Thirty-one years ago ~. l.. ALapother
got a job as office boy at $3.50 q week
in tho offices or the Louisville and
Nashville Railroad Company. Yeste"-
day he was elected TO the presidency
Of the road he has served in the inter
vening thirty-one years as office boy,
clerk, assistant TO the secretary. as
sistant TO the yice-president and finally
president. During the war he conducted
the road for the Government as Fed
eral manager. and has assumed respon-
sibility since the death OF Milton n.
Smith, for many years president Of the
Louisville and Nashville.
Directors OF the road met in New
York yesterday and after a. brief ses-
sion announced that they had promoted
Mr.. Mapother from executive vice-presi-
dent to the presidency.
The new railroad head IS A years
old, and early in his career attracted
the attention or Mr.. Smith. who took
him into his own office and finally, in
1905. made the young man his assistant.
on the recommendation of Mr.. Smith
he was made an assistant Wce-president
and director. succeeding Walker d.
Hines on the Louisville and Nashville
board. Mr.. Mapother lives in Louisville
The New York herald., 1921-03-18
EXCHANGE ON ITALY
GAINS ALMOST 4 CENTS
German Credits Sent to Italy
Is One Reason.

Recovery in exchange on Italy TO a
point close to cents gave rise yester-
day 10 speculation as 10 its cause and
ms TO the possibility of further apprecia-
ton The move, amounting to 10 points.
or more than 8 per cent, was accom-
plished in a generally firm session. with
strength manifested In Scandina vian.
Swiss, Belgian, Dutch and Spanish
rates French francs also advanced,
but they still are below the rates or
March II. The feature was the move
ment in lire. and the explanation may
be summarized as follows:
Desire OF the italian Government to
peg the rate for lire above cents,
reason not generally accepted by for
eign exchange experts.
Remittances Of German credits to
Italy to facilitate trade between Ger
many and Italy. owing to arrangements
made for practical taxation of German
trade through points controlled by Eng
land and France. Foreign exchange
dealers gave some credence to this the
ory. although they did not accept Il az
a complete explanation.
Unexpected reports Of Improvement in
Italy's financial status. This was re-
garded as satisfactory explanation OF
the move, In view Of a statement given
out by the offices OF the Consul-General
here. This statement said in part:
"The deficit in the italian budget for
the fiscal year l920-1s2f. estimated at
about $4,000. 900 900 lire, has been re-
duced to 10 1900, 900, 900 lire. Because Of
recent financial measures and the in
creased price of bread. which forecast
an income Of $500, 100000 lire, this
deficit is further reduced to 5000 0o0,-
600 lire for the fiscal year 1921-1922.
owing to growing exports there is a
difference Of $500, 100000 lire in favor
Of Italy's trade balance as compared
with 1919, The most important banks
have augmented their reserve funds by
nearly 100000 900 lire and have in
creased their capital % per cent. From
July last to January the net tributary
revenue increased 2,00e,0o0,0Go lire,
compared with the corresponding period
OF 1919"
The New York herald., 1921-03-18

Since the beginning Of this year, the
report pointed out, business has been
improving steadily. Tobacco manufac-
turers suffered IN the last two months
OF last year. as did business generally
Sales for the first two months this year
were more than 100000 aheao Of the
corresponding period in 1920
The balance sheet showed an Improve
ment in the company's financial position.
Cash had increased from S6,S01,o59 to
S10,023,9Ss. while accounts and bills
payable dropped from S24,SSS,1sS to
S9,992,953. Inventories were sS1,559,-
574. compared with socialist in the
preceding year, and receivables sf0.-
0S1522, compared with $l1,41s.5Sf.
Capital liabilities were increased by the
addition of $49,30O.200 Of class 3 COM
mon stock, while gold notes we're re-
duced from s20,0O0,000 to st6.667,0O0.
The conversion of outstanding scrip re-
duced that item from s12.072,720 to
S55,440.
The New York herald., 1921-03-18
COLUMBIA GAS IMPROVES.
s9.6S Share Earned Compared
With S6.5I in 1919.

The Columbia Gas and Electric Com
pany's report for 1920. made public yes
terGay. showed a surplus after charges
and taxes Of s4,S39.377 or SECS share
earned on the outstanding capital stock.
In the preceding year the figures were
$3,257 400 and SG.51.
Gross earnings amounted TO S14.
743, and net after taxes sT,234, 1873.
Other income aggregated $2,673,977, and
interest charges. rentals, &c. $5,06s,-
733. Dividends amounting TO $1,000 900
were distributed, leaving a surplus Of
S1.S39,377.
During the year the company paid
from current cash funds s3.000,000
preferred stock of the Cincinnati Gas
and Transportation Company, which
stock is now in the treasury. A twenty
year contract has been entered into with
the Cincinnati Traction Company for
the initial supply OF one-half its power
requirements. This service will be
started about September.
The New York herald., 1921-03-18
To Holder, y Debenaie Bonds Issued ~
The American Agric
Chemical Company

ta conformity With paragraph r. VI ter
taiu Mdeuiurt made hy Tho American AEf.
cultural Chemical Company 40 tho GuarRnt
rr4.t Company 81 New YORK. dated the gna
d4y 81 renruErv. 1914. notice . hereby give.
That The American Agricultural Cheuica
.dfnpony has alaGted fo call N and redeem
ard docs hereby can III ana wlu redeem and
pay A. tho offl.e 81 said Trust Company
isO Broadway, n thr city cf Nnw York, W
tNe uMxt date 0n which Interest o. said
aabautmre bonds shall hecnm. due nne pas
abIc IAugust t4t, 1919. all Na Geuenfnia
bonds outataudlag - said date As 0ne hnh'
dred mid one pet ccutum tluiecA 81 ms tae'
vaiue thereof ana accrued interest.
Holders ~ feberfufe bonds may, Al theif
election, deliver the same on, or ~ ANS TIRE
rrior to said date. ta Tho Trust Company ~
80 New York office and ou making euei dg
livery with nl' coupons attached thereto VIII
receive payment for said bonds at 'he tOpVe
ratio with ail interest accrued thereof
B1fcd Mcreh tiih, 1921
THE AMERICAN AGRICULTURAL CHEM
ICAL COMPANY.
The New York herald., 1921-03-18
SHIPS GIVE UP INDIAN TRADE
Grace Subsidiary Line Finds Busi-
ness Improbable.

The Atlantic and Pacific Steamship
Corporation, owned by ". r. Grace &
Co., which has maintained a line from
the United States to India under the
name OF the United States Line. has
withdrawn from that service because OF
the Generalization OF the foreign ex~
change market and the slump in freight
The line also has withdrawn from the
rste conference.
immediately after the war q heavy
traffic in Indian products was main
tanned between the two countries via this
hne Shipping Board vessels were used.
The New York herald., 1921-03-18
EXPECT $7,5O0,OOO EARNINGS.
Marine Directors Estimate Is IL
Per Cent. on Preferred

The directors OF the International
Mercantile Marine Company held their
regular monthly meeting yesterday and
later issued the following statement:
1T was stated that the net earnings
for the year 1920 after payment Of inter
est on bonds and allowance for depre-
citation would probably slightly exceed
the estimate made by the board in No
vember, 1920 namely, s7.5000oo. which
would be about 10 per cent. on the pre-
ferred stock
1T is impossible at the moment to
make any forecast for the year 1921, as
due TO the reduction in exports the
freight situation is unsatisfactory. but
the passenger situation. although ii Is
much disturbed by the immigration
complications, is encoura ging."
The New York herald., 1921-03-18
STERN BROS. NET rs $S92 3S5.
Report Profits From Trading Oper-
ations as s1,5S0,i1. i'm 1920.

The annual report Of Stern Bros. for
1920 shows net profits Of ss92,ss5 after
All charges and Federal taxes. Profits
from trading operations aggregated ST.
5S0.l17, and miscellaneous revenue $106.-
270. Charges for officers salaries, de-
preciation, amortization. interest, &C..
aggregated s4S9,0o2, and Federal taxes
$305,o0
The balance sheet shows current as
sets Of s5,466, 400, against current liza
bllities Of sf,372.594 The cash item
totalled s5o1,351; Inventories. S3.251.3 .392,
and trade accounts receivable, s1.564,72S
Notes payable amounted TO s250.000
and trade creditors had claims OF $476,-
II PAT.
The New York herald., 1921-03-18
To Che Holders Of Dominican Rcpcbiio ~
Bonds. Issne az 1918. Due 1893.

in accordance with Executive order ~
sealed proposals vui be received py 'ly
mercio untu 10 O'Clock A ~ n February <.
March 4. and April \. 1891. Tor the pur
chase for Retirement 1f Lgpas of the D.
malcan Repub!lc dated January 4. lylS
ana fggs. vttnout rt&prd t8 series. to -
amount estimated ~ THREE lfCNpREp
ANsD TWENTY THOUSAND DOLLARS
totai ~ an thrco dates of Sa60 Oo0 Al
proposals. shan ~ submitted ir tripi.cn =
and srau specify tile number cf the bore'
offered. the series, HE par value ard tie
price NJ whleh offered aad shau be slgsri
81 an official duly authorized ~ act far
tie bidders. Upon .hc outside * tlie
sealed envelopes containing proposals shai.
apnrar the wnrde ''Pr0pcanls opening ~
---44--------'t tfin ln dat.l said proposal
yin 81 opened n public in the office ~ tbs
Apr'l i 1927. unless such dates fan upon :
Sunday ~ iegai holiday, 'n which case ne
bids win he opened On The following DAY.
The New York herald., 1921-03-18
AMERICAN TOBACCO'S
SALES DROP HEAVILY
But Profits for Dividends De-
cline Only 100000
During 1920.

Total sales for 1920 by the American
Tobacco Company amounted 70 s14S,-
106,ss2. against s1fe,o2e,730 in 1919,
although the balance available for divi-
dends was SIS. 5.151.1 .155. compared with
s15.972,572. This was equivalent 70
S13.3S a share earned on the Ss9.542,-
600 Of two classes of common stock
for 1919 and compared with S31.s3 a
share earned on the S40,242,400 common
stock outstanding year ago.
Following IS comparison OF the
salient features Of the income accounts
for 1919 and 1920
The New York herald., 1921-03-18
Ksnswha & Hooking Coal & Coke Compsn
sn Per Cent. First Mortgage sinking
Fund Gold Bonds.

The undersigned, 2s Trustee under the Firsl
Mortgage of the Kanawha Hooking Gosl
Coke Company 70 Bankers Trust Com.
pany, as Trustee. dated January /, 1890. so-
curing the above described bonds. hereby
gives notice that Il vlll purchase such bonds
for the Sinking Fund 70 the extent of
x2s .45a.s7, being the amount of cash IN its
hands for that purpose, ~ the lowest price
couponsl shall be offered u Il, and that N
respect thereof tho undersigned win receive
sealed proposals for tho sale OF such bonea
al its Corporate Trust Department, 10 Wah
Street New York City. up 70 tho close -
buslness March ~. 1921. No offer VIII BE-
accepted at q price exceeding the face value
or principal of such bonds. The Trustee re-
serves the right 70 accept all or any pars
or the bonds so offered In case bonds shah
b. offered hy two or more holders a. Tie
same price 70 an amount In the aGgregate
exceeding the cash sinking fund applicable
thereto. acceptance Of such offers shah
be made n the order of the date Of thea
receipt; " such equal offers Of two ~
more holders shall be received a. the same
time. each viii bs accepted % an amoum
which shRu bear 20 such offer substantially
the same proportion as such cash sinking
fund shall bear 70 th@ aggregate OF sucn
simultaneous equal offers
Federal Income TaN Ownership Certiflcate1
covering accrued Interest. should accompany
all accepted bonds.
March III, 1921.
BANKERs TRJ II COMPANY.
Trustee rs Aforesaid.
n II - xvfiaom r. Vice President
The New York herald., 1921-03-18
EXPRESS DEFICIT SAL, ,574,ss5.
Last Month of 1919 Only showed
Earnings, says Report.

Although the American Railway Ex-
press Company IL the final month OF
last year turned an operating deficit of
some two million dollars in the previous
year into income Of s246.2ss after taxes,
the corporation-an outgrowth OF all the
large express comprehensive not saved
from establishing a large deficit for the
eleven moths OF the year for which the
report Is made TO the Interstate Com
ncerce Commission The deficit after
taxes stood At s4i574, 1885, compared witch
4 deficit OF s2o,Os2, 152 for the same period
in the previous year.
The New York herald., 1921-03-18

OIL CRY, March fT.--Credit balances.
ST.. Runs 1882 average. 5g.Gsi ship
nicnts. ~ cts average, 3a.3Ss
The New York herald., 1921-03-18
Ayibur n. Mayo.
I,rrfauYnf InT1IIItl

Lieutenant Commander lSGli ~ o. ~.
Qf'ichr Administering the AffGlrs Of a.
Seerstaria az Estado a. Hacienda Go
uercio Tor the Military Government.
The New York herald., 1921-03-18
Rv TH0N a DOE. Trcal
u. S. STEAMSHIP

Stockholders desiring protect their tNtetest
e.rtte at once Chairman, stockholders fra-
tectte Committee. Dr. HOpP. 12s W. lslst
st Ncw Work. Evening Phone Na0~Wptth
q4g7.
EXPANSION on BUSINESS
Ma aatabli4hcd manufacturing concern win
EXCELLENT record of earnings entering new
ffeid ta cpeu to negotiate for new cApltat'
fntbstmeni fuNv secured Writt Room 10
tiI 4th Ave
The New York herald., 1921-03-18
Rate OF discount I per cent

| PARIS. March 17.-The Bank Of
\ Frances weekly statement shows
changes as follows.
The New York herald., 1921-03-18
BID AND ASKED QUOTATIONS
y. Y. sToCR ExCHANGE oUOTATIoNs.
FOREIGN BONDS.

TO the following prices accrued Interest 10
TO be added in every case.
The New York herald., 1921-03-18
FOREIGN BANK STATEMENT.

LONDON. March 1.-THE weekly state
ment OF the Bank OF England shows the
following changes:
The New York herald., 1921-03-18

PARIS, March 17.-Prices were hrm
OH the Bourse to-day. 8 per cent
rentes, 81 francs IS centimcs. Exchange
on London, 56 francs So centimes. per
cent loan, SO francs SO centimes. The
dollar. Ia francs 42i5 centimes.
The New York herald., 1921-03-18
FOREIGN MARKETS.

LONDON, March i7.--Bar silver, 3Z4d
an ounce. Bar gold, 1865. Al. Money
6L per cent. Discount rates: Short
bills, per cent; three months bills
Ga per cent. Gold premiums at Lis
bon, 140
The New York herald., 1921-03-18
rnNNsyLvASrA or MAueEr.

speysbI2 ii French francs
@Colrectlou
The New York herald., 1921-03-18
! TRt II COMPANY

Trustee a. Aforesaid.
a. IL y Nvllann. II. Woe nrest4-.-
The Cordova daily times., 1921-10-04
JAMES |. FOZARD AND
 MISS HARDEN MARRIED

James l.. Fozard, superintendent of the Kennecott Copper Corporation mine at Latouche, was married to Miss Ethel Marion Harden. formerly of Juneau who has been located at I.atouche since last spring, on Sep tember. 25. The ceremony was pre- formed Ey United States Commis- sioner II. P. Sullivan in the pres ence of a few intimate friends, in cluding MT. and Mrs Dudley Allen and Mrs. !. II. Kline. of Juneau. The Daily Times extends it's most sincere and hearty congratulations to Mir and Mrs. Fozard, both of whom are popular and well-known throughout Alaska.
The Cordova daily times., 1921-10-04
LET CONTRACT
 FOR ERECTION
 OF CITY FLOAT

The most important business trans acted at last nights meeting of the city council was the awarding of a contract for the building of float at the city dock and the providing of more sewers.
 Bids from Goodwin & Olsen for s597.50. from w. B. Jackson for $675. F. J. Warren for $749S1 and w. II. King for S9OO0OO to construct the float at the city wharf as per the plans and specifications on file in the clerk s office, were opened and read. The council accepted the bid of Goodwin x Olsen for S597.50 and the city attorney was instructed to draw up contract. the work to be completed within thirty days and no money to be paid until the work was completed Councilman Dooley to be in charge of the work to see that same was done according to the plans and specifications
 Councilman Haef reported that the gutter drain along the street from the flagpOle to the railroad crossing had been cleaned out and was in good con. dition. The special committee appoint ed to look into the sewer question re ported that they had gone over scy- eral plans and had decided that the best proposition for a sewer to take care of Second street and C street and also the territory in block I, was to parallel the present sewer running from C down the alley in block '. thence under the Finkelstein & Sa- piro building. tunnel under First street and across lots IS and 19 in block which belong to the s. Blum X Co. to the bay, providing the town of Cor dova could get an easement over the private property mentioned A latern- al sewer was recommended to start from Second and B streets. and run down Second to c. where the main sewer would run down C to the alley between First and Second streets The report was accepted and council adopted the route as outlined. The city engineer was instructed to make any additional surveys that were need ed and to prepare plans and specifi- cations for the sewers so the same could be acted upon at a special meet. ing of the council to be held on Satur
The Cordova daily times., 1921-10-04

rich ledge of gold bearing quartz at a depth of l40 feet.
 MT and Mrs. Jack Stanley left today for Valdez, after spending few weeks here.
 Miss Ann Kruger. who has been visiting her sister. Mrs. Jack Laur- ie. returned last to her home in Seat- tie
 George Smith departed last night for an extended trip to the states, it being the first one he has made for seventeen years.
 s. o. Freedman has purchased the Chitina Cash store, and has also taken J. s. NJ. Nelson in as a partner in the mercantile and hotel business.
 H. F. Andrus. l.. H. Carvey and and George Madden, mining operat- ors in the Nizina district, booked passage on the Alameda for the states.
 A. J. Mcconnell. who has been in the states for several months organ izing a company to develop an oil claim in the KatalIa district, left Seattle today for Cordova.
 Geo. D. Pratt, director of the Standard old Company and his son George, returned on yesterdays train from a big game hunt in the White River district and left on the Alameda for their home in New York City.
 There will be a meeting of the Woman's Guild tomorrow afternoon at 2:3O o'clock at the home of Mrs. K. C. Robinson. It will be in the nature of a quilting party and all the members are requested to be present with needle and thimble.
 The steamship Alameda sailed for Seattle about 1l:45 o'clock last night Passengers from here were II. N. Nelson, C. s. Horner. J. A. Cohrs and family, J. B. Ottinger, T. II. Latham, Martin Harries. Mrs. II. Kay and son Roy, F. N. Henrietta, Bob Mooney, Mrs. ]. Garner, Geo. Smith. J. B. Carlyle, H. Van Lien. Sanford Finklesten. Miss Ann Kruger, S. H. Palmer, H. F. Andrus L. H. Carvey, Geo. Mntten. E. A. Bassett. K. Chase, A. Castellon, Don MCCrea. P R Trumbower. w j. Feaster. wife and son Joe, Geo D. Pratt and son. H. w Lovelace. J. Whitehead for Seattle; NJ. A. Newberger. S J. Til den, s. M. Rhinehart. R E. Murphy F. A. Lunday and Joe Most. for Tu neau; c. w. Blades and family for Ketchikan.
The Cordova daily times., 1921-10-04
~ OC0X ' KAlYpezz1zq3'

The steamer Admiral Watson is due from the westward at s o'clock to-. night
 Don McCrca left on the Alameda for the states, where he will enter college.
 Mrs. RebeCCa Brown has returned from Port Wells, where she spent the past month.
 H. Van Lien, of the bureau of ed ucation, went to Seattle on the Alameda.
 II. w. Lovelace, of Valdez. was in town last night on his way to California.
 Sanford Finklestein left last night for Seattle. where he will en- ter a business college.
 Jos Most, of the Abercrombie Pack ing Company. left on the Alameda for Juneau and from there will go to Seat, tie.
 I. B. Carlyle was an outgoing pas senger on the Alemeda for Seattle, where he will spend a couple of months
 A meeting of the Knights of Pythias will be held tonight at o'clock and a full attendance of members is re- quested.
 c. w Blades and family, of the To, cal radio station, left last night for Ketchikan, where Mir Blades has been transferred.
 J. F. Dennis, of Kennecott, is a returning passenger on the North western. which sailed from Seattle this morning.
 The Ladies Aid Society will have their regular business meeting at 2:30 o'clock tomorrow afternoon at the home of Mrs. T. N Hubbert.
 Otto Elfstrom and Charles J. An derson. who have been doing assess. ment work on the Golden Eagle pro perty in the Port Wells district, re- turned to town yesterday and they re. port that Hugo Johnson, who was driving a tunnel on his property ad joining the Golden Eagle, struck a
The Cordova daily times., 1921-10-04

day night. October s. Regarding the struCted to take up with the proper ty owners and ascertain if the town could get deed easements over the property. the city attorney to report at the special meeting October s. The proposed new sewer in the alley was ordered to be the same depth as the present sewer
 It was reported that the two lights ordered on the city dock and float had been installed, one of which was on the Alaska Transfer Companys build ing and the other on the end of the city float.
 The committee on assessment and collection of taxes was authorized to check up the license list received from the clerk of the court and ascertain what licenses. if any, were due the town of Cordova.
 The special committee which had been appointed to have an auditor cx- anime the Cordova Power Company and Alaska Public Utilities books ;o| ascertain if there were any back taxes due the town of Cordova, turned in the auditors report. The report was ac- cepted and the same turned over to the city attorney with instructions to communicate with the power com many and inform them of the amount of taxes they owe.
The Cordova daily times., 1921-10-04
Oregon Man Named
 Minister to Siam
lny AssocIated Pressl

WASHINGTON. Oct. 4.-President Harding today nominated Edward K. Brodie of oregon to be minister to Siam.