davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Orders for Brick Indicate
Builders Are Busy Again
As Result Manufacturers Are
Increasing Surplus; South
Selling for SO. SO Per l 900

Increased consumption Of brick is
accepted in support of tae opinion that
builders have come around to view the
building situation differently from that
of year ago. Not only are orders pill
ing up, but brick plants which have
been idle are being opened, even though
prices are lower than they were a year
ago.
In one of the Southern seaboard states
the price Of brick per thousand has
dropped to $3.50, which It is expected
will shake somewhat the price schedule
in other parts Of the country. The com
posite price of brick, based on ITO re-
ports made to the Common Brick Man
ufacturers' Association Of America, is
S14.04 at the yard. The price of brick
in this section and New England ranges
from S14 to $40 at the yard. On July
of this year the range of prices was
from s14 to SIS The claim is made
that the drop to $3.50 in the South is due
to overproduction and that at that figure
the manufacturers are selling far below
cost.
In view Of the heavy increase in or
during July. On August I there were
231 AGO, 900 burnt brick on hand. as
against 19s,169, 900 on July l. Orders
on hand on that day totaled 130,613, 900.
On the previous July l orders on the
books Of the brick manufacturers of
this association were for 1885,, 999 brick.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

Butss--Receipts. 1s.4s4 packages. Cream
~ higher than extras, ID, AN q 43c;
trtras. 40; hrscs, IS Il Q41c; seconds. s4h
ssse; lower grades, s2934c; unsalted
ahc; .hrsts, asa 42c: seconds. s4ls @s7c;
sate dairy tubs, finest. 400 4fc: good TO
p.tme. s7Tasc; common to fair. 800
sst' ladies', current make. extras, 31Q
VIC; frsts, ESQ 29c seconds 27c: lower
grad.s rs q % nc; packing stock. current
s935Ao 49,
Cheese-Receipts 2.oss boxes. New York.
rats fats. held specials. 219 2ac; fresh
.peciais y q p nc. average run. 2o@ao1s c /.
san. zoa zo17c; Wisconsin. double Daisies,
HAacy 20 q PIC, single daisies. fancy. 200
n ZIG Young Americas, 2111 Q22hc; state
x,rns 915c.
sggtac' frsts, 34@37c; seconds, 2s@aso,
Tads eggs % Qs0c; dirties, regular packed
70 ! zsq2sc, No 2 and poorer, lS@26c:
asc1s, fair 10 choice, dry. 22124c: re-
ni ,s ssgs. special marks. fancy, 86@
sa.s eggs. SO Q44c; nearby extra fancy
ss.ssctions' ssd67c: nearby Western hen
sss ~. whites average extras. so0 62c; extra
ps,,.. ss0 sso hrsts.. to952c; gathered
is ~. y aoq 4sc; Pacific Coast whites, ex-
n - sogssc; extra drsts, sac $50: frsts
snxoic' puliets, S5c; other Western and
p Ss.aesn gathered whites. s5@40c state,
hr y,sssiVsnts and nearby Western hennery
ssS extras. 46 a 4sc; gathered brown
s sas mixed colors. graded extras, 43845c:
ms,s to extra arsts a5042c.
~. notsfoes-Maine, 1so lbs. s425ms44s:
jSsns i - " Dbl. s4@s5; Jersey Red. $50
vsgIa sSs' 6b Ne g. as N shssSs nsso
una. f2.76 @ SO. Jersey, basket. sl.5oaa2;
1''eware ana Maryland. s1QslS0
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

Tho Tribune prsmts each dag the
maturity d0tes Of all active bonds quoted
on the Neso York Stock Erchongs. The
return on a bond to tbs inpsstor depends
upon three factors: the rate of Interest
the security bears, the market yrsce,
and the distance Of the maturity date.
To figure the precise yield o., bond it
IS necessary to uss yield tables, but TIE
approximate yield can roughly b figured
osss BY the following formula: Divide
the closing quotation on bond into
the rate Of interest st pays, and tho re-
smtt sciI be the annual return. II the
bond IS selling beIow par you mast
astos0 also for tbs appreciation Of the
principal. To do this su6troct the mar
ket quotations from par. or 100, and d.
vids ths remainder By the number Of
years the bond hos to run before mo-
turtty. For example, II per cen,
bond Is selling at 90 and has ten years
to run, the amnuaI retur,l sill be 6.SS
per cent. The differences bstwsen par
and the market price ,eiu be 10 points,
suotrdcting 90 from 100. Dividing ten
points By ten ysars the quotient .pil
De l. THIS figure is to Be added TO s.ss,
which IS ths annual return, and the re-
suit, 7.6s psr cont, will give you the az
pyorfmnte Yield.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

from Stevens Institute of Technology,
he spent several years in power plant
engineering and contracting work
with the Taylor Wharton Iron and
Steel Company, and on the staff of
Edwin Burhorn. consulting engineer.
In 1911 Mr.. Leigh Joined the Charles
F. Noyes Company as plant engineer
to take charge of the management Of
large business properties.
During the war Mr.. Leigh enlisted
for officers training in the Coast Artil-
lery School at Fortress Monroe, vir-
GINA, for services in the heavy artil.
lery, Since receiving his discharge h.
has been active in organization and en-
cheering work, being associated with
the j. G. White Engineering Corpora
ton.
Henry Friedman Back on Old Stand
Henry j. Friedman In back at 200
Fifth Avenue, his old stand. Having
separated from the firm of Hirsch &
Friedman he has organized q new cor
poration, known as the H. J. Friedman
Company, to lease business space and
sell business buildings in the mid
town sections.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

warehouse. This dealer told a pur-
chaser who had previously been look
Ing at this wool with an idea Of buy
ing it that he was sold SO far ahead
on this wool he did not dare to make
any more commitments.
The Boston wool trade, or at least
some members of it, take exceptions
to the policy being followed by this
country in regard to the tariff. They
say that in number of countries the
effect of this action has cut off almost
entirely the possibilities OF our trade
with those countries because we are
unable to compete on the same basis
with the others.
Notwiths standing the emergency tar
iii which was planned to be pro
hibitive of the import of foreign wool
and manufactures. it is found that the
more favorable conditions in other
countries regarding the purchase of
raw materials make it possible for our
manufacturers to go to those countries
and buy tops made from Australian
wool which they are to-day importing
against letters of credit. The point is
raised that in such q situation 1t is
sef-evident that instead of bringing
the raw material into this country, we
are bringing in a manufactured article
in the making of which many inhabi-
tants of the country of export have
had employment whereas there are
hundreds of thousands out of employ
ment in the United States. who might
have been at work making those tops.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
20 Bronx Blocks To Be
Open to Home Builders
Parkmont, in Eastchester Sec.
ton, Is Sold by Watsons;
Near Building Boom

Parkm ont, the large estate Of the
Watson family in the Eastchester sec
ton of the Bronx, is the next. tract of
land to be thrown open to home build
ers. 1t is to be sold at auction on Sep
TENDER 27 by Joseph P. Day. AS the
property has been held for many years,
less than market value will satisfy the
owners, who will obtain large return
from the land, no matter what amount
will be obtained, because the tract was
bought many years ago for little m honey
aud has cost little to carry.
Cheap land has been the basis of the
building boom in the Bronx. All around
this tract, which covers about twenty
blocks, home builders are at work put
ting up buildings on sites bought with
in the last year at auction. The prop
erty consists of Ats lots fronting on
Eastchester Road, Mace Avenue, War
ing Avenue and adjacent streets and
avenues, to the east of Eastchester
Road as far as Delaney Avenue, and
to the west of Eastchester Road as far
as Young Avenue.
Eastchester Road, which runs through
the heart of the property, has been le-
gally opened to width of 100 feet and
is an improved, macadamized thorough
fare, with q future. Mace Avenue,
which bounds the property on the
north, has been legally opened to a
width Of eighty feet, while Waring
Avenue, on the south, Is of similar
width.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Half of Queens
Labor Army Live
Outside Borough
Builders May Soon Provide
Homes to Keep Workers
There; the Bowery Bay
District a Likely Field

while building statistics, as COM
piled by the Superintendent OF tho
Borough of Queens, show that a large
amount of private dwelling construc-
ton is proceeding or being planned,
nevertheless, Thousands OF new homes
must be erected in this borough before
the supply anything like equals tho de-
mand
Statistics compiled by the Queens
borough Chamber of Commerce Of the
number of employees in the factories
in different sections Of the borough
and the location of their residences
show that so per cent of those EN-
ployed live outside Of Queens Borough
in Manhattan, the Bronx. BROOKLYN q r
elsewhere.
While the erection Of industrial
plants was halted during the latter part
or the war, there was a sufficient
number of these gigantic structures
erected, which augmented the housing
shortage to very great extent. The
Queens Borough Chamber of Com
merce estimates that for every dollar
spent in the erection of new factories
"a must be spent for housing facilities.
and this ratio has not been maintained
This situation is thoroughly realized
by the homeseeker, who long since
tired OF being tenant and now wishes
to own his own home, designed after
plans to suit his personal require
ments, and feel that he has a real in
terest in the community. This was
clearly demonstrated last spring by the
large number of auction sales Of va
cant Lots held, which were purchased
by thousands of homeseekers and in
vestors.
There is but one remedy to relieve
the housing situation. as was revealed
recently in the survey made by the
city's Health Commissioner, and that
is to buy lots and to build at the
earliest possible moment single or
multi-family houses, bungalows or even
shacks.
Signs are that an effort will be made
soon by builders to keep the labor army
in Queens. Those who have been watch
ing and waiting for the grand sallee
think that the Bowery Bay district will
come in for lot of this building be-
cause it has been passed by, in a meas
ure, by builders in years gone by. The
reasons advanced in favor of the Bow
cry Bay district are comparatively cheap
land, good transit and the closeness to
Queens's rapidly expanding commercial
section
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Gulf Storm Sends
Cotton Up So Bale
In Heavy Buying
Onions on the Near Months
Gain Over $50 Points at
One Time, but Drop Back
on Evening of Accounts

REPORTS Of heavy rains In south Texas
caused a revival Of bullish excitement
IN the cotton market yesterday. and
there was further rapid recovery in
rr;ess. Near months were again rela-
t;vely Arm en- belief that the prob
able Low grade Of early new crop re-
s.;pts would create demand for the
,.tractive old crop cotton in the local
cocks. snd October came within 10
.n;nts of scoring the maximum advance
nermitted fer the day.
n sold up to al-tsc. OF lsc points above
~. closing price of FRIDAY and within 5
,nsnss OF the best price touched on the
rest OF the bull movement last wednes-
dsy This made recovery OK s4s points
&c compared with the low point OF the
ss.st.on. snc while advances In later
-snnshs were less sensational. they ranged
srnr, IS to ls3 points. A more or less
.ss week End ana heavy Southern hedge
sslltnR caused reactions OF rs to 90 points
N the last half hour and thu close of the
s"arset was barely steady in tone. al
shouSh last prices still showed net gains
~ Is to 19a points.
traders found no special change sn the
ssws from the goods trade. but the ad-
sr.nce acre was accom- panied by reports
,Aas shippers OF high grade cotton in the
southwest were trying 70 secure such cot -
.ros AZ advances and the Southern hedge
.sllne reported here lais In the morning
vas said 70 be against purchases OF spot
sosten in antic.pstl ton OF a higher basis
southern spot markets as officially re-
corted were generally 100 TO 12s points
higher. but the volume OF business was
smaller Middlinr quotations IN the South
new range from about 10 to Gle
The local market for SPOT cotton was
s.sady and 40 points higher at sl.loc;
"a ssles we're reported.
The range OF prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

s3,2N, $4,000 Put
Into Construction
Since January
Most of This Amount APP
propriated for Residen.
tial Buildings; Commer-
cial Operations Increase

Construction activity In August, sa-
cording to figures published by the F.
W. Dodge Company, WIS 4 per cent
greater than In July and per cent
greater than In August, 1920. Con-
tracts awarded during August, 1921. in
the twenty Northeastern ststek
of the country, amounted to 1920 ,972,-
GOO
Residential construction continues In
the lead over all other classes Of build
ings. It accounted for 36 per cent Of
the total IN August, amounting to $780,
100000. Public works and utilities
amounted to s44, 1877 900, or 20 per cent
Of the total; business buildings, to
$35, 526 900, or 16 per cent; educational
buildings to $27 ,S59 900. or 10 per cent.
and industrial buildings to $1o,832 900,
or per cent
Contracts awarded for mercantile
buildings in August amounted to nore
than for any previous month Of this
year.
Contemplated new work reported
from January to September /, 1921.
has amounted to 3,202. 731 900, which
is more than double the amount of con-
tracts awarded in the same period.
Builders Busy Here
CoHLractS dWaIQeG curing AuGusr IN
New York State and northern New Jer-
sey amounted to 61,o1o,0oo, an in
crease Of IL per cent over July.
The August total included $50, $780,
600. or SO per cent, for residential
buildings; s9,4o4. 900, or Is per cent, fog
business buildings; s4,ss5, 900, or per
cent, for educational buildings; s3,101,-
600, or per cent, for public works and
utilities.
Total construction contracts lie. In
this district during the first eight
months of this year have amounted to
1888, 23s 900, which is So per cent great
er than the average for the first eight
months of the preceding FIVE years.
More than half Of the total volume Of
construction in 1921 has been for resi-
Dental building.
Contemplated new work reported in
this district in August amounted to
s96.554, 600, which was 80 per cent
greater than the amount Of conten,-
plated work reported in July.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Increased Demand
For Medium Woods
Is Felt in Boston
Knitting Business Reflects
Increased Inquiry; More
Attention to Cross-Breds
in the Worsted Trade
Special Dispatch to The Tribune


BOSTON, Sept. 10-A distinct i'm
provement in the call for cross-bred
or medium grade woods was noted here
during the last week and prices are
tending higher. The knitting business
has seen marked advance and is TAX
ing quantity of the finer cross-breds.
knitters have been playing a cut
throat policy for some time, but bust
ness has come forward so fast that
they have abandoned this method and
are realizing some profit, with q ten
dency towards increasing prices In
the worsted trade, more attention is
being paid to cross-breds on account
OF the lower cost at which goods can
be put on the market. This condition
is not peculiar to the trade of this
country but is identical with condi-
tions in Britain, France and Germany,
as proved by the increased prices
which have been paid recently for all
kinds Of cross-bred woods.
Substantial quantities of tops, or the
long combed fbres to go into heavy
weight cloth, the prospect for which
seems TO be very favorable, have been
sold during the week. Many of the
mills manufacturing heavy weight
goods are practically all sold up for
the spring market.
A Boston dealer on September 9 sold
$50, 900 pounds Of territory cross -breds
to one man. A sale of 100,0 pounds
of a similar grade of territory wool
was sold the same day from the same
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Wheat Sells Lower
After Advance to
Seasons New High
Lack of Support After a
Strong Rise Only Expla.
nation for Reaction:
Corn Also Is Depressed

CHICAGO. Sept 1o.--The wheat
market developed reactionary ten
dency to-day, and while at one time
prices were up a cent or two from the
previous close, and made new high rec
ords for the movement. there was
heavy selling on the bulges, and the
market closed weak at about the low
OF the day, with net losses of 8 to 3%c.
There was no important new develop
ment In the situation. but prices had had a
good upturn during the week, and 1t was
take profits. for ever the weekend. Ex-
port interest was also lacking which per
haps cauted more or less selling. although
on the whole the situation was considered
decidedly strong Rnd sentiment leaned to
the bull side for long pull
Congestion at Canadian shipping points
and partial embargo by tho Canadian Pa
cine Railroad against tho movement OF
American grain from Georgian Bay ports
to Montreal attracted a good deal OF at
tention although 1t was said that with the
made about as cheaply through Atlantic
ports.
The market eased off during the
day. and at the close "A to nc net
lower. The September position showed tho
greatest weakness indicating pressure on
the cash market and there were reports
from the West OF further large purchases
in the country which were expected to swell
the receipts in the near future.
The embargo against shipments OF
American grain through Canadian routes
was also a factor. as large part OF the
export business of late has been through
Georgian Bay and Montreal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Another Jackson
In Real Estate
Operating Field
Brother of Daniel Jackson
Is Out for Himself; Leigh
Now Managing Office
of Van Valen Corporation

Harry H. jackson. who has watched
for many years his brother Daniel H.
put over many interesting real estate
deals, has decided to enter the operat-
ing field He has established head
quarters at 1913 Broadway and, like
his brother Dan, is in the market for
bargains. Daniel H. Jackson has been
one of the most successful men in the
operating field. He has not been as
sociated with sensational transactions,
for it has been his aim to be always in
the market. He has, however. traded
in some very valuable apartment
properties. Harry Jackson had 3
hand in closing many OF them.
R. E. Leigh is now manager of
Charles B. Van valen, Inc He has
been associated for many years with
the management and operation of large
and small commercial properties.
Graduating as mechanical engineer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Realty Title Impaired by
Incident SO Years Ago
Owner Asks Court 10 Order Sis
ter, Missing Half a Century,
To Answer. Suit

Justice Strong in the Brooklyn SD
preme Court yesterday granted Miss
Jennie Kimple, sixty Years old, perrnis-
sion to serve notice through newspaper
publication upon her sister, Kate, ten
years older, of q summons and COM
plant in an action TO clear title Go
property at Sixteenth Street and Tenth
Avenue.
This property. together with about
$4,000 cash, was left by her mother,
Mrs. Catherine Nolan, when the latter
died intestate in 1905.
The daughter Kate has not been
heard from by her family since day
fifty years ago when she left the house
following a quarrel with her mother.
with the statement that no member OF
her family would ever hear from her
or see her again.
Miss Jennie Kinpie, according to the
papers fled in the Office of the clerk Of
the County Court, was told by her
mother, after her sister left, that If
she would remain unmarried she would
inherit all the property. Dying in
testate, the mother made no provision
to disinherit Miss Kate, though whether
the latter Is dead or alive or has off
spring, the sister has no means of
knowing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Central Section Merchants
Organize for Protection

Merchants doing business between
Thirty seventh and Fifty eighth streets,
Sixth and Eighth avenues. have or
ganized the Heart of New York Bust
ness Mems Association, with headquar-
tiers at 1o7 West Forty-fourth Street
The organization came as the result
of traffic conditions at night in that
section and other things inimical to
business.
Representation made on DR.. Har-
riss, Deputy Police Commissioner in
charge of traffic, has brought the
promise that the che way traffic plan
will be changed and a new plan fer ham
ding road traffic at night installed.
The association plans to make the
district batter one for business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Onhlled Steel Orders
CHOW Continued Decline
N's >. OF Nearly 800, 900 Tons
disappointing; New Low
Since Nav. 1910

s,.a aallsd orders of the United States
a.ss corporation at the end of August
sIpss e e 1881 ,s2e tons, the lowest total
b & esny 1919, when they. amounted
- Sss 90 tons. Last months tom
mn -" - zsS 1898 tons under the book
Nj. a. AZ July 81. The latest figures
sa,s DISAPPOINTING in view Of the fact
elm. s =. placed the August de-
Wal = considerably smaller total.
p,oysanshe recent repors of an i'm
Price sann IN steel buying and a rising
ID lad asnuency in some lines the belief
Mtasss' circles Is that September may
a. as.' = turn in she downward ten,
sones W " unified orders. It is felt in
asn,A 9 ss,ers that the decrease this
prtss Z; n'ii not pc so large as that re-
kssd ~, orders on August 81, COM
~ "a ~. - 7.57s,1u4 tons reported at
Apr;t ', sanusry and 1913, 083 tons
as17, the high record total.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Industrial Bank Takes /
New 4th Ave. Quarters
Moves Three Blocks North to
Larger Space, Which Has
Been Needed for Some Time

The Industrial Bank of New York
has leased the first floor of the Fourth
Avenue Building, southeast corner Of
Fourth Avenue and Twenty-seventh
Street. The new quarters will be oc-
cupied as soon as the bank can obtain
possession and make necessary altera-
tions. The tenants will vacate the
premises February and remodeling
will begin Immediately. The Industrial
Bank opened for business December
%, 1919, in its present quarters, at
Fourth Avenue and Twenty-fcurth
Street. From a small beginning the
bank has made steady gains until now
the deposits total more than 81 ,o0o,-
0o0- Larger quarters have been needed
for some time.
The bank plans to add a safety de-
post department to its services when
the change in location is made The
officers Of the bank are Staughton B.
Lynd, president; Ralph A. Stephenson.
vice-president; Richard II. Calling,
president; Junius B. Close, cash
ier,. and David V. Austin, assistant
cashier
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11
Tax Experts Discuss
Big Problems Tomorrow
Wide Interest Likely To Be Dis
played in Conference Because
of Its Influence ON Taxafior

Leading tax experts of the country
Will gather at Breton Woods. N. II.
Tor a five. days conference on taxa
ton, starting tomorrow. Although e
IS the fourteenth conferences h.id
under the auspices of the National
Tax Association, it probably will at
tract more general and widespread
attention than any previous conferences
OF the association, for the reason that
one Of the CREST economic evils Of this
country and the entire world is heavy
taxation.
AS relief from this burden wnuJs
greatly improve conditions in every in
dustry, according to some of the fore
most business men of the country nm
usual interest will be paid TO the dis
cussions at the conference in The hone
that something will be disclosed Ia
lessen taxation. Some of the best
minds on the subject of taxation have
accepted invitations to attend the cow
ference.