davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

Orders on hand at the close of 1920
aggregated S145, 2S7, 900. against $751;
422, 900 at the end Of 1919. decline or
more than 500. 100000. New business
booked during 1920, the report showed
totalled S16S.296,o0O
Although the company's plants produc-
ing commercial tonnage are operating at
about 25 per cent. of capacity, the report
showed. a considerably better rate of OPP
GRAFTON exists in departments in which
more highly finished commodities are
made and i'm the shipyards. The three
large shipyards Of the corporation ac-
cording to Mr.. Grace, have sufficient
work on hand t. insure reasonably full
operation throughout the year.
There has been spent during the
year" Mr.. Grace continued, 1892, 9OO,ooO
for extensions and additions to property.
The expenditures for new construction
during 1921, eliminating the S20,00O.0O0
to be spent on the five orc ships which
have been provided for, should be rela-
lively small as compared with the last
few years. all the more important pres
ent construction programmes having
been completed. No new financing IS
required nor is there any in mind at this
time"
Mr.. Grace said that he believed that
the low point in the iron and steel IN
dustry had been reached, ana from now
on production should increase. depend
ing on rapidity with which all interests
recognize necessity for return 10 more
nearly normal conditions. Liquidation
in many cases has not been completed
he said. but is merely taking place.
All interests. including manufacturers,
merchants, employers and employees
should do their part. There can be no
| valid excuse for exceptions.
The regular dividends on both classes
of it's preferred stock and the regular
! quarterly disbursements on both classes
! OF common for the first quarter were
declared by the company's directors tor
| the year. The preferred dividends were
made payable OH April J, July ], Octo-
Der /. and January 2, 1921, to stock
of record on March Is. June 10, Septem-
her Il and December Is. The common
dividends are payable on April ! to
stock of record on March 10.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
TRADE FEELING IS SEEN
TO TURN WITH THE YEAR

CLEVELAND. Jan. 27.-The turn of the
year has witnessed decided change in
business sentiment. reports to the
Fourth Federal Reserve Bank being al
most a unit in declaring that signs
point to Improvement, according to tho
banks January business review to-day.
Some of the more optimistic profess to
see distinct revival soon.
The review says the dull period was
brought about by the working of in
eXorable natural laws, and that when
business becomes active again it will be
upon more sound and stable basis
and offer a much better hope for last
ing prosperity.
The improved reserve position of the
Federal Reserve banks is an indication
of easier credit conditions. the report
states. Lower prices for commodities
mean lowered costs of doing business.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
SMALL LOSS IN MOTOR LOANS.
Banker Discusses Collections o
Automobile Paper.

f. s. Maddox. president of the CONT
mental Guaranty Corpora ton. said yes
terday, in discussing collections of au-
tomobile paper in the present abnormal
motor car market, that out of $56, 99o. 476
of loans on wholesale transactions that
corporation had suffered a loss of less
than $4,000.
THE total amount of matured paper
in process of collection" he said, lis
less than 100000, Out OF more than
sI2.oO0,OOo of retail paper discounted by
the corporation the determined losses
to date are $l5s,0s5. The corporation is
in comfortable financial situation. Lii
abilities were reduced from peak of
$N,3o7.S 800 as of April 60 1920, to $l2. 013, 555
December 81"
The regular quarterly dividend of 2
per cent on the company's capital stock
has been declared, payable on February
l to stock of record OH January q.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
WILL GET S. o. STOCK AT 1876.
Company Announces Price for sell
Ing stock To Employees.

Announcement that the price for
which its employees would be allowed to
subscribe to tho company's stock during
1921 would be 155 was made yesterday
by the Standard Oil Company OF New
Jersey That figure contrasts with a
Stock Exchange price yesterday OF leo
and Is the first price to be fixed by the
corporation under the plan adopted re-
Gently for the sale of it's stock to em-
ployees.
Initial payments for the stock sub
scribed for viii be due on the company $
first pay day in February and will con-
tinue for five years. The plan provides
that the employees can subscribe for
stock up to 90 per cent. of their salaries.
and for every dollar so subscribed the
company will pay an additional 80 cents.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
RAW SUGAR BREAKS AGAIN.
Drops to within Fraction of Low
of December.

Prices OF raw sugar continued yester-
day their downward trend, ana sales in
the morning were reported as 4c.. G. and
f., for Cubas. sold TO n local refiner.
Later in the day prices broke again, on
sales of Porto Ricos, prompt position.
for 4.S9c., c. !. f.. and Of Cubas, prompt
clearance. for axe, G. and f.. or to
within a fraction OF the low level
reached on the break in December. 1920.
Offerings are large. but buyers act with
caution owing to the poor movement OF
refined sugar. The trade IL expecting n
downward revision of refined sugar
prices.
The range OF prices IN yesterdays
sugar futures market follows
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
FINANCIAL NOTES.

At the regular monthly meeting OF the
Bond Club of New York, 20 he held at the
Bankers Club this noon. r. c. Leffingwell
formerly Assistant Secretary of the Treas
ury. will speak the subject of future Gov
eminent finance.
II. r. Calhoun. formerly OF w. a. Harri,
man & Co., is with Bonbright e. Co.. Inc.
w. T. Moss, formerly manager OF the New
York office of II. NJ. Byllesby e. Co., Is
with the unlisted trading department of
Clark. Childs g. Co., and viii specialize in
public utility securities
The Guaranty Trust Company OF New York
has been appointed registrar of 400, 900
shares of capital stock OF the Mid-Colombia
Oil and Development Company of Delaware.
and of 100000 shares of common stock of the
European Textile Corporation.
.Iohn A. IIanley, formerly with Gwynne
Bros, is In charge of the unlisted department
of II. L. Smallwood & Co, and will specialize
in baby bonds.
T. Caverly manager and c. w. Martin as
sistant manager OF their Woolworth office.
Mcdonnell & Co. have issued n circular on
American Tobacco scrip ana other scrips.
The directors of the Autocar Company
of Ardmore, Pa, were increased from seven
to nine at its annual stockholders
meeting on January 81. Tho old board was
reelected and J. Howard Reber and Roscoe
4. Anthony were made new members of II.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
RESIGN UNDER CLAYTON ACT.
Directorates of Roads Changed TO
Prevent InterIockinE Boards.

A shifting OF directors of railroad
boards to comply with section 10 of the
Clayton act, now in effect, is taking
place, and thus far approximately a
dozen changes have been announced.
Changes were made yesterday in the
boards OF tho Northern Pacific and the
ST. Paul 10 comply with The regulations
J. p. Morgan, Lewis Cass Ledyard
and Payne Whitney resigned from the
Northern Pacifc board and in their
places were elected Frank l.. Polk, for
merly Assistant Secretary OF State; T.
NJ. Wills, now an assistant secretary
and treasurer, ard a. II. Gillard Sam
uei McRoberts was elected 10 the St.
Paul board to take the place OF John d.
Ryan, who recently resigned
Section 10 OF the act prevents inter
locking directorates by providing that a
railroad nay not purchase equipment,
supplies or any OF its necessities from q
company in which any director is inter
ested in excess Of $4,000 in year.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

The Board OF Directors Of Bethlehem steel
Corporation has declared a dividend OF
eight per cent. upon It's Eight Per Cent.
Cumulative Convertible Preferred stock and
"A dividend OF seven per cent. upon us
Seven Per Cent. Cumulative Preferred
Stock. payable in four quarterly installments
OF two per cent and one and three-quarters
per cent. each, respectively. the first INSTALL
mont OF each OF said dividends to be pay
able on April I. 1921. to the respective
holders OF record OF said two classes OF
stock AZ the close OF business on March
IL, 1921 the second on July I, 1921, TO tho
respective holders OF record thereof at the
close OF business on June -, 1921; ths
third on October l. 1921. 20 tie respective
holders Of record thereof at the close OF
business on September TO- 1921, and the
fourth on January 3 1922, TO the respective
holders OF record thereof at the close OF
business on December -. 1921. The Board
has also declared a regular dividend on
one and onc-quarier per cent upon tho
Common Stock and 'the Glass Common
Stock OF tho Corporation. payable on April
]. 1921. TO tho respective holders OF record
Of said two classes OF stock at the close
Of business on March 10. 1891.
Checks VIII be mailed.
T. r.. McNfATu. Secretary.
Dated January -. 1921.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
TROLLEY LINES INCOME UP.
Twin City Rapid Transit Earns
$3.50 "a share on Common.

The annual report of the Twin City
Rapid Transit Company for the year
ended December 81. 1920. shows net in
come after charges and taxes of 1898, 099,
which Is equivalent to $3.50 share
earned on the common stock after the
deduction of preferred dividends. In the
preceding year earnings amounted to
$7SS352 or $2.G3 share.
Gross revenues We're $i2,9S6. 406. against
s11. Az, 4lf. and net income. after taxes,
s2,03o.065. against si.S71, 047. Other income
totalled ss4, 800. compared with sol,03i. and
preferred dividends were unchanged. al
$4,000. On the common stock $66o,oot
was paid. as against s55O.0O0 in 1919. leav-
ing a final surplus of sl2e-o99 against
SOS 3J2 at the end of 1919.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
U. S. OIL OUTPUT
IN 1920 Is RECORD
Total Is 442,162,954 Barrels,
Largest Yearly Increase
Shown.

Petroleum produced in the United
States in 1920 aggregated 442,162,s54
barrels. according to figures compiled by
the Oil City Derrick. This represents
n gain of 75.907.343 barrels compared
with the preceding year ard Is the great
est increase ever recorded. and makes
a new high record. N 1919 the gain
over the preceding year was 2a.sS1. 314
barrels. In 1918 the increase over 1917
was 13.s74,315 barrels.
The following table shows the pro-
duction OF the divisions named in barrels
of AZ gallons, as compiled by that paper !:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
GULF STATE steel REPORTS.

Gulf State steel Company reports for
1920 net income il s75121s. after depre-
citation and taxes and after marking
down December 81 inventories to cost or
market quotations. This compares with
s279.42f in 1919. Hereafter monthly re-
ports Of tho company's earnings will be
eliminated and a quarterly statement
substituted
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
INTERIOR RECEIPTS,
NATIONAL ELECTION

Directors Of the Liberty National
Bank. meeting yesterday, elected as vice
presidents Frederick J. Horne and James
Dodd. vice-presidents OF the New IorH
Trust Company. Boyd @. Curtis, secre-
tary OF the trust company, was appointed
a trust officer of the bank. and Edward
r. Lewis and William ]. Birdsall. assist
ant treasurers Of the trust company.
were appointed assistant cashiers or the
bank.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
SEATS SELL At 10000 EACH.

The New York Stock Exchange seat
of George y. Hopkins, deceased. has
been sold to Arthur Hofheimer. and that
Of Henry II. Livingston TO Howard IT.
Pell the consideration in each case be-
ing $4,000. Henry u. Meyerdirk, Bert
V. Smith and Andrew J. Ticrncy have
been elected to membership in the cx-
change.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
ROAD SELECTS ARBITRATORS.

Frank II. Alfred, president of the Pere
Marquette Railway, announced yesterday
that his road has organized a railway
board of adjustment and that its repre-
sentatives will be ID. A. klumph, ex-
aminer Of rules. chairman w. f. Crow
der, assistant general car inspector. and
j. II. Jordan, operating accountant.
Mr.. Alfred said that the board will
have jurisdiction in all disputes involv-
ing grievances, rules and working con-
ditions. The plan follows closely that
adopted recently by the Pennsylvania.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
POSTPONE GOODYEAR MEETING.

AKRON. Ohio. Jan. 27.--That the meet
ing of the Goodyear Tire and Rubber
Company stockholders set for to-mor-
row would be adjourned to February 1
was announced to-day at the company's
offices here. The company's directors
having charge OF its refinancing plans
are still in New York city.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
cAvADA,s RAIL DEFICIT.

OTTAWA. Jan. GA deficit OF about
SEQ. 900, 900 as result OF last years
operations on Government railroads is
disclosed. IL was announced to-day in
figures being complied Tho previous
years deficit was S47.0o0O00 Tho in
crease is attributed mainly to higher
wages and deferred maintenance costs.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
EXPENSES OF B. G. o. MOUNT.
December Income s21, 100000. hut
Able to Save 100000.

Although its total income In Decem-
Der exceeded s2i 900, 900. the Baltimore
and Ohio Railroad Company was able to
save less than $500. 600 for net. accord
ing 20 its monthly statement, completed
yesterday. This was due. not alone to
the drop In traffic but also to the in
creased costs Of operation. which climbed
from S14.970,139 in December. 1919, to
s20.362,3fS in December. 1920.
Tho detailed report Of the roads De-
Gambler revenues and expenses follows:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
FISH AT SUMMER PRICES.

BosToN, Jan. 7.-Midsummer low
prices prevailed for fish to-day in the
Wholesale market because OF the record
catch this week, more than 100000
pounds having been landed hero since
Sunday To-day's total was 100000
pounds.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

LOST-In the Wall Street section OF New
York, certificates of the common capital
stock OF lor-Wharton Iron Steel Co.
Numbers CF-5sI for six shares and CF-3si
for forty-four shares. Finder VIII be l!ber.
ally rewarded for the return or these ccrtiii-
Gates TO Room No. 1901. 60 Wall Street New
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
CUSTOM HOUSE RECEIPTS.

Receipts for duties az the Custom
House yesterday were S5S5.Ail0o. OF
which s277,56S.OG was for merchandise
from bonded warehouses and
s307.S4303 for recent importationa
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
EIECTIoSS AND MEETINGS.
CHELSEA REALTY COMPANY

Tho Annual Meeting " tho Stockholders OF
the CHELSEA REALTY COMPANY for the
election % Directors and inspectors of Elec-
tlon TO serve for the succeeding year VIII be
held AZ the office % the Company. No lsa
Broadway, New York City, on February 4,
1921, at i2 o'clock noon.
Tho stock transfer books ~ the Company
will be closed a. 3 r. NJ, January IS. 1921,
and reopened A. 10 A. ~. February :, 1921.
Dated N@~ York. January 10, 1921.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
FINANCIAL NOTICE
To the Holders Of Dominican Republic So
Bonds, Issue Of 1918. Due 1898.

In accordance with Executive Order az
scaled pronoyals viii be received by the Sec
retaria de Estado de Hacienda Concrete
until 10 O'Clock A. NJ OF February /. March
and April 1. 1921. for the purchase FOR re-
firemnnt OF bonds OF the Dominican Republic
dated January ]. 1918, due 1888. without re-
gard 10 scries, to an amount estimated at
THREE HUNDRED AND TWENTY THOU
SAND DOLLARS $500. oO0) on each OF the
above dates. a total for all Tire. dates Of
$500 COO All proposals shall be submitted In
triplicate and shall specify the number OF
,hc bonds offered. the series. the par value,
End the price at which offered aud shall TO
rigned By an official daily authorized to act
Cor the bidders Upon the outside OF The
scaled envelopes containing proposais shall
nppoar the words 'propnsals opening OF
.............(fil IN datel. Said proposals
WIN he opened in public IN the office OF the
undersigned on February =. March ] and
April !. 1921. unless such dates fall upon a
Sunday or legal holiday. ~ which case the
bids VIII be opened on the following day.
Arthur III. Mayo.
Lieutenant Con,nnan dcr $50, u ;. ".
Officer Administering the Affairs OF the
cecretaria de Esfado Dc Hacienda Co
nercio for the Military Government.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
Arthur III. llGyo
ELECTIONS AND MEETINGS.
135 Broadway
Holding CORPORATION

The Annual Meeting Of Stockhoiderg ~ 80
rnO AWAY HOLDING COBpoEATioN for
The election of Directors and inspectors ot
Election 10 serve for the succeeding year VII
bn hold an the office 81 The Company. No.
M broadway, Sow Ycrl, city, or February
= 1921 ~ ~ O'Clock noon.
Tho s,ock transfer BOOTS Of the Compa ny
win no closed ~ . y. NJ. January 81. ipei,
and reopenod AZ ~ A. NJ. February :. 1921.
Dated New York. January ~. 1921.
JoSEFii a. SHIELDS. secretary.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
MERRITT OIL CORPORATION

DIVIDEND No.
Quarterly dividend No 81 2iag being
twentv-five cents t2Jcl per share, has
been declared, payable February -. 1921,
10 stockholders OF record az the close OF
business January 81. 1921
The transfer books do not close.
CLARENCE v. TITUS,
Treasurer.
Denver, Colorado.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
BID AND ASKED QUOTATIONS

y. Y. STOCK EXCHANGE QUOTATIONS..
To the following prices accrued interest is
TO be added In every case:
tropETCN RONnc
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
CHICAGO PRICES.
NEW YORK PRICES.

WHEAT-No. hard. s2.9i: No. mixed
durum, S1.s7, c. /. E.. n. y to arrive.
CORN-No. . yellow. SIC. No. mixed,
s3isc.. C. i. E., n. Y. 10 days shipment.
OATS-No white was quoted at $500 &C ;
No white, 54M54kc.; No 3 white, 53D
53isc No. white, 5iG51hc. fancy clipped.
white. Soc. ordinary clipped, white, 53hG
RyE"Market easy. No Western,
81 1914, (. O. b.. and 81 .s45.. c. !. f., y. y.
EARLEY-MarlSet easy. Feeding, SO4s6c. T;
mailing, Ole. d$1.02. C. /. f., y. Y.
BUCKWHEAT-Market dull. Sound mill
ing 81 go nominal 100 lbs.
HAY-Afarlet barely steady. No. ], 81 coo
1.1O: No. .. 81 5OQI 60; No. ., $l.35qi 10;
shipping, 81 iJdi1 80.
STRAW-Market dull. No. rye, Sl'@
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
Wilton
Holding Corporation

The Annual Meeting OF Stockholders or
WILTON HOLDING CORPORATIONS for tho
election OF Directors and Inspectors OF Islec-
ton 20 serve for the succeeding yenr Will be
held al tho office OF Inc COMPANY. No. I'D
Broadway. New York City. on February Z.
1921. at T. O'Clock noon.
Tho stock transfer books ~ Tho Company
viii bc cionpd al 3 y. NJ. January ~ 1871
aud reopcued 90 10 8. ~, February :, lH2i.
Dated New YORK. IaHuarv 80. 1921.
JOSEPH q. SHIELDS. Secreta'y.
ENpIRE ~TEEi. MD IRON COMPANY.
ANNUAL STOCKHOLDERS MEETING.
The Annual Meeting OF the Stockholdcff of
The Empire steel Iron Company VIII DC held
az The office % ihn COMPANY. ~ EXCHANGE
place. Jeraey city. y =. on "wednesday.
February 2"rd 1921. nt 1890 O'Clock a. NJ.
Tho Tsnnefar Eoola oi flv Ccmfauy win
close az Q =. ~. rshrrary frf. and reopen a.
10 a. NJ February gen. 1891
JAMES 4. ETlLLMNN. Secretary.
Caiaeauqua. Penln.. lamar 18th. 1871.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
DIVIDENDS AND INTEiEs &.

BETHLEHEM STEEL CORPORATIONS.
Notice of Dividends on Eight Per Cent.
Cumulative Convertible Preferred stock;
Seven Per Cent. Non-CumuIative Pre-
ferred stock; Common Stock and Class
Common stock.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28
rnrInE srrrl ,Nn IRnN CnMPANN.
DIVIDENDS AID INTEREST.
~~-e---~-~-------------
81. Joseph Lead Company
81 broadway. New York

January -. 1921
A dividend OF twenty-five cents per share
on the outstanding capital stock % ule above
Company has boen declared payable March.
81. 1921, 90 stockholders ~ record at the
close 81 business March .. 1921 Tho trans
Ter books Of ihe aboy, Company wu ciofe
on March .. ie2i and rropeu March 90. 1921.
IEnNInA. u EISa On ..n..tnl-,-
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

Il. r. Hutton e. Co. have appointed Edward
l.. Caverly manager and c. w. Martin as
sistant manager of their Woolworth office.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

John A. Hanley, formerly with Gwynne
Bros, is In charge of the unlisted department
Of u. l.. Smallwood & Co. and will specialize
in baby bonds.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

Mcdonnell G. Co. have issued circular o
American Tobacco scrip ana other scrips.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-01-28

Il. r.. McNfATII. Secretary.
Dated. January -. 1921.
The Birmingham age-herald., 1921-10-03
WILEY PLANS FOR
 FASHION EXHIBITS
Urges Business Men to Take Space In Semi-CentenniaI
 Exposition

Officials of the Birmingham semi centennial are anxious to close all remaining space allotted to exhibits of all kinds in the big birthday cele- bration, and every effort will be made within the next few days to complete this matter in order that they may proceed with other details of the big show, according to c. N. Wiley, general chairman of the fash ion exposition
 "Sale of this space is proceeding fairly well at present. but owing to the press of other vital matters we would like to have this business quickly settled" said MT. Wiley.
 Recently the city of Charlotte. N. C., was the center of the Made in -Carollnas" exposition, and their Using local. state and nation wide ucts was excellent.
 This Carolina city, with a popu- lation scarcely more than 10000, had l42 separate booths, and at the time that exposition was held busi- ness conditions were not as encour- aging as at present.
 ITO date there has been 105 ex- hibition booths sold for the forth coming exposition here. While this is progressing very creditably we would appreciate all those who are intending entering in this enter prise to get in touch with semi-cen- tennial officials in order to fa- cilitate matters and enable the com mittee to close this phase of the work"